The crypto market dropped slightly after the Fed rate cut on Wednesday, September 17. As expected, the Federal Reserve initiated its first rate cut of 2025 by slashing its benchmark interest rate by 25 bps to 4% and 4.25%. Additionally, the Fed signaled a 50 bps rate cut before the end of this year, supported …
After years of U.S. sanctions, China moves to ban Nvidia, betting Huawei and homegrown chips are enough to win the AI wars.
Solana is strengthening its bullish outlook, with recent price action showing firm momentum above key moving averages. This strength underscores growing buyer confidence and highlights a market structure tilted in favor of further gains. With support levels holding and momentum indicators flashing strength, SOL appears to be building the foundation for its next leg higher in the ongoing bull run. Solana Holds Above Key Moving Averages, Reinforcing Bullish Bias Gemxbt, in a recent post, pointed out that SOL is displaying a strong bullish market structure, with its price action now trading above the 5, 10, and 20-period moving averages. Such alignment of short-term moving averages reflects sustained upward momentum, as buyers continue to maintain control over the market direction. Related Reading: Solana (SOL) Pushes Higher – Is More Upside Still Ahead? The analyst noted that Solana has established key technical levels, with support forming around $237.5 and immediate resistance situated near $245. These levels will likely serve as pivotal points in the short term, guiding whether the market consolidates further or pushes higher. A break above resistance could reinforce the bullish momentum, while defending support remains essential to preserving the uptrend. Further strengthening the outlook, the Relative Strength Index (RSI) is trending upward. This indicator points toward growing market confidence, as traders continue to lean toward accumulation rather than distribution, reinforcing the bullish tone in SOL’s price action. Adding to the confluence, the MACD has recorded a bullish crossover, with the MACD line moving above the signal line, supporting the bullish sentiment. Combined with the alignment of moving averages and supportive RSI trends, the overall setup suggests that Solana is well-positioned to sustain its rally if buyers maintain their presence in the market. Technical Pattern Confirms Renewed Buyer Strength BitGuru, in a recent update on X, highlighted that SOL has staged a remarkable rally, driven by a strong double bottom breakout and a clean bullish setup. The formation of these patterns has provided momentum for Solana’s price to push all the way up to $249.60, signaling renewed strength in the market. Related Reading: Solana (SOL) Rally Builds – Can Bulls Extend Gains Beyond Key Levels? Following this impressive surge, the price action has entered a cooling phase, with the market now undergoing a pullback. Despite the retracement, the overall structure remains intact as SOL is consolidating near the key $235 support level. In the meantime, this pause in price movement could be a healthy step for the market, allowing buyers to regain strength before attempting another push higher. As long as $235 holds firm, the setup continues to favor bulls, with Solana potentially eyeing a fresh move back toward resistance levels in the sessions ahead. Featured image from Adobe Stock, chart from Tradingview.com
Lawmakers in the US House of Representatives and Senate met with cryptocurrency industry leaders in three separate roundtable events this week.
Like for its previous acquisitions, the treasury company intends to stake its recently purchased tokens “to a variety of validators."
Bitcoin struggles to hold the $115,000 level even after a Federal Reserve policy pivot brought about the long-awaited 25-basis point interest rate cut.
New York’s top financial regulator advised banks to expand their use of blockchain analytics when handling virtual currency. The regulator noted in a Sept. 17 industry letter sent to state-chartered banks and foreign branches operating in New York that the tools can help institutions better manage risks related to money laundering, sanctions violations, and other […]
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From meme coin to fizzy drink: Rekt sells culture you can sip, and prediction market users are wagering on how fast it will disappear.
Bitcoin has observed a recovery surge toward $117,000 as on-chain data shows Binance users have been making consistent withdrawals recently. Binance Bitcoin Netflow Has Been Negative Recently As pointed out by CryptoQuant community analyst Maartunn in a Quicktake post, BTC has been flowing out of Binance recently. The on-chain indicator of relevance here is the “Exchange Netflow,” which keeps track of the net amount of Bitcoin that’s entering into or exiting out of the wallets connected to a given centralized exchange. When the value of this metric is positive, it means the inflows are overwhelming the outflows on the platform. Generally, one of the main reasons why investors deposit their coins in exchanges is for selling-related purposes, so this kind of trend can be a bearish sign for the asset’s price. Related Reading: Bitcoin Trend Constructive As Long As This Metric Holds, Glassnode Says On the other hand, the indicator having a value under zero implies the holders are taking a net number of tokens out of the custody of the exchange. Such a trend may be a sign that the investors are accumulating, which is naturally something that can be bullish for BTC. Now, here is a chart that shows the trend in the Bitcoin Exchange Netflow for Binance, the largest exchange in terms of trading volume, over the past month: As displayed in the above graph, the Bitcoin Binance Exchange Netflow has been negative for the last nine days, indicating that investors have constantly been pulling supply out of the platform. In the same period as these outflows, BTC has seen a recovery run toward the $117,000 level, so it would appear possible that the withdrawals have had a role to play in it. The outflows are also interesting in the context of the two-day Federal Open Market Committee (FOMC) meeting, which kicked off on Tuesday and will conclude on Wednesday with a speech from US Fed Chair Jerome Powell. “Most analysts expect the Fed to cut rates this week, with prediction markets like Polymarket showing a 92% probability of a rate cut,” notes Maartunn. “The steady outflows from Binance may reflect early positioning ahead of this event.” It now remains to be seen how the market will react when Powell delivers the Fed decision, and whether the streak of Bitcoin net outflows from Binance will continue. Related Reading: Bitcoin Bull Score Sees Sharp Jump, No Longer Signals Bear Phase Bitcoin outflows aren’t the only thing that has occurred on Binance ahead of the FOMC meeting. As CryptoQuant author Darkfrost has pointed out in a Quicktake post, the exchange has also seen massive stablecoin inflows. From the chart, it’s visible that Binance has seen a large stablecoin netflow spike corresponding to the deposit of nearly $2 billion worth of stablecoins. Investors transfer their fiat-tied tokens to exchanges when they want to buy into an asset like Bitcoin, so this could be another indication of investors repositioning in anticipation of the Fed decision. BTC Price At the time of writing, Bitcoin is trading around $116,400, up around 3.6% over the last week. Featured image from Dall-E, CryptoQuant.com, chart from TradingView.com
Wormhole’s native token has had a tough time since launch, debuting at $1.66 before dropping significantly despite the general crypto market’s bull cycle.
BitGo launches regulated trading services for European institutions, approved by BaFin, combining custody, execution, and liquidity.
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Bitcoin (BTC) whipsawed on Sept. 17 after the Federal Reserve confirmed a 25 basis-point interest rate cut, lowering its target range for the federal funds rate to 4% to 4.25%. The decision also reduced the interest rate paid on reserve balances to 4.15% and lowered the primary credit rate to 4.25%, both effective Sept. 18. […]
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OpenLedger’s OPEN token has gone live on every major global exchange, marking one of the biggest debuts in crypto this year. Traders can now access OPEN on Binance, Bithumb, Upbit, KuCoin, BitMart, MEXC, Gate.io, HTX, Bitavo, and BingX, making the token available to millions of users worldwide from day one. The launch follows OPEN’s explosive …
The move to spark increased innovation comes as the Paradigm-backed Kalshi experiences an uptick in monthly trading volume.
Federal Reserve cuts rates by 25bps, flags rising unemployment risks, and signals further easing may follow.
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Four senior executives who work on the institutional side of business have recently left Kraken.
The Federal Reserve 25 basis point interest rate cut lowers the federal funds rate, affecting borrowing costs and economic outlook.
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"XXXXXXXXX," the U.S. Federal Reserve said Wednesday.
The U.S. central bank lowered its benchmark rate range by 25 basis points to 4%-4.25%, citing softening labor markets and economic uncertainty.
Pi Coin is struggling to register any bullish momentum, and all indicators suggest this might continue into the foreseeable future. Since its launch, the Pi Network price has crashed by about 88%, which has left many early supporters and holders worried about its future. Recent market data shows that the decline can be attributed to massive token unlocks and weak liquidity on crypto exchanges. Furthermore, new developments show that unless market dynamics improve, Pi Network may face even more declines in the coming months. Heavy Selling Pressure Pi Due To Token Unlocks Pi’s price action has been full of downtrends, with data showing the cryptocurrency down across multiple timeframes. At the time of writing, the token is currently moving between $0.353 and $0.3606 with poor liquidity and continued unlocking of the tokens. The unlocks have done nothing to help with the situation of things. Related Reading: Pi Network Price Crashes To All-Time Low After Latest Announcement — Details One of the biggest influences behind Pi Network’s downtrend is the continuous release of unlocked tokens into the market. Pi was created with a max supply of 100 billion tokens, but only 8 billion of those are currently in circulation. Its tokenomics are set up such that tokens are unlocked into circulation every day. According to data from PiScan, there are about 5 billion Pi Network tokens locked right now, and 135.7 million of those are set to be unlocked in the next 30 days. Notably, one unlock event added around 163 million PI tokens worth about $60 million into circulation, a move that contributed further to the cryptocurrency’s price decline. More token unlocks are expected in the near future, and the increase in circulating supply has far outpaced demand. Data from PiScan shows that about 4.5 million Pi worth $1.614 million are released every day. This oversupply problem could leave the price of Pi Network vulnerable, and each token release could further weaken the value of those in circulation. Furthermore, the current order books for Pi Network across several exchanges are extremely thin, leaving too few buyers in the market to absorb the wave of selling pressure. Project Delays: Calls For Bold Action Pi Network’s own development delays have contributed to skepticism among many investors. The long-promised KYC rollout, the V23 upgrade, and full mainnet decentralization have created frustration among users who had anticipated faster progress. Related Reading: Pi Network Faces Obstacles As Price Wobbles Below $1, What’s Happening? In a lengthy post on the social media platform X, prominent community member Mr Spock urged the Pi Core Team to take what he described as bold economic steps to restore stability and build a valuable and sustainable economy. He called for a comprehensive buyback and burn program, noting that aggressive deflationary measures are the only way to protect Pi’s value. According to him, the Core Team should buy back Pi from the open market, permanently burn all transaction fees instead of recycling them, and stop flooding the market with excess supply. He further suggested that Pi’s mining model must be reconsidered either by ending it completely to lock the supply or by introducing utility-based mining that rewards only those who contribute real value to the ecosystem. At the time of writing, Pi Network is trading at $0.3552, down by 1% in the past 24 hours. A drop below $0.350 could guarantee further declines to $0.34. Featured image from Medium, chart from Tradingview.com
Researchers say mispricings on Polymarket let traders lock in guaranteed profits—and the same could be happening across other event-betting platforms.
The next phase of digital asset investing belongs to those who treat this space not as a thematic allocation, but as a dynamic alpha-centric market where strategy, speed, and sophistication are decisive.
Market participants are eagerly anticipating at least a 25 basis point (BPS) interest rate cut from the Federal Reserve on Wednesday.
Stablecoins are quietly rewriting the rules of global finance. They give anyone, anywhere, access to money that moves instantly, across borders, with incentives aligned to users rather than banks.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Bullish secures NYDFS BitLicense and Money Transmission License, unlocking crypto trading and custody services for institutions in New York.
A new W 2.0 tokenomics plan includes increased earning opportunities for token holders as well as a strategic reserve.
US-based REX Shares has stirred significant anticipation in the crypto community by announcing the launch of its Dogecoin (DOGE) and XRP exchange-traded funds (ETFs) on September 18. Imminent Launch Of REX Shares’ DOGE And XRP ETFs? In a post on social media platform X (formerly Twitter), REX Shares promoted the upcoming launch of the REX-Osprey XRP ETF, under the ticker symbol XRPR, and the REX-Osprey DOGE ETF, designated as DOJE. Related Reading: BNB Reaches New All-Time High Of $956 As Binance Nears Deal With US DOJ These ETFs can potentially be the first exchange-traded products that allow US investors to access Dogecoin and XRP. This could open new avenues for retail and institutional investors and increase demand, which could further raise their prices. Nate Geraci, co-founder of the ETF Institute, echoed REX Shares’ excitement, emphasizing the significance of these products. He declared, “First ever DOGE ETF, period. First XRP ETF offering spot XRP exposure.” Crypto ETF Surge In Coming Months Bloomberg ETF experts Eric Balchunas and James Seyffart have recently projected that REX-Osprey’s offerings could hit the market on Thursday, despite the SEC’s recent extension of decisions for other cryptocurrency ETFs. The landscape for ETF approvals is further complicated by the delayed amendment for BlackRock’s Ethereum staking application, which has also been postponed to October 30. Balchunas attributes these delays to ongoing coordination between the SEC and exchanges like Cboe and NYSE regarding updated listing standards. Related Reading: ‘It’s Hyperliquid Moment,’ Circle States, Seizing HYPE’s 1,500% Surge With New Investment However, Balchunas anticipates that streamlined procedures, expected to be approved in October, could lead to a “flood of ETFs probably in a couple months,” significantly enhancing institutional adoption of cryptocurrency investments. Despite the bold proclamation from REX Shares, the US SEC has yet to officially confirm the approval of these ETFs or any similar applications from other firms seeking to provide direct exposure to the spot prices of these digital assets. Featured image from DALL-E, chart from TradingView.com
Nakamoto, chaired by David Bailey, plans to acquire BTC Inc through an all-stock deal pending completion of the companys audit.
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P2P.org has joined the $4T Canton Network as a validator, underscoring the rise of institutional blockchain infrastructure.