PayPal is adding support for a permissionless version of its PYUSD stablecoin on Tron, Avalanche, and several other blockchains via LayerZero and its Stargate Hydra bridge.
Bitcoin (BTC) is holding near $117,500, up about 6.1% over the past two weeks. However, recent data from Binance shows that BTC’s current price action is largely supported by retail investors, while whales have been noticeably absent. Bitcoin Holds $117,500 Amid High Retail Inflows According to a CryptoQuant Quicktake post by contributor Arab Chain, Bitcoin is hovering around the $117,500 price level, supported by active inflows from retail investors. Notably, large whale inflows have been completely absent, indicating that the current market is being driven by individuals more than by large wallets. Related Reading: Bitcoin Miners Shift Strategy: Accumulation Over Selling Signals Stronger Bull Cycle Inflows ranging from 0 to 0.001 BTC recorded approximately 97,000 BTC. Similarly, inflows from the 0.001 to 0.01 BTC segment totaled nearly 719,000 BTC. The distribution above suggests that Bitcoin’s current rally is largely driven by retail investors. These investors conduct numerous but small-volume transactions, confirming that individual investors are shaping the market dynamics. Arab Chain added: The figures reveal that the bulk of inflows are concentrated in small and medium-sized transactions, reflecting the dominance of retail activity in Bitcoin trading. This liquidity, despite its limited scale, has helped keep the market balanced at current levels. It is worth emphasizing that there has been almost no whale pressure during the current market rally. Specifically, no significant surges in inflows of more than 100 BTC were observed, mitigating the likelihood of a sharp short-term price correction. To conclude, the current market situation shows that Bitcoin is experiencing a state of equilibrium, largely due to heightened retail investor participation. Such a scenario gives the market an opportunity to steadily surge toward the important $120,000 resistance level. That said, it would be wise to keep an eye on any whale activity, as it could quickly alter the market’s direction. Any sudden entry of whale inflows could trigger a rapid price correction, similar to previous market tops. Experts Divided On BTC Price Action As Bitcoin trades about 5.4% below its all-time high (ATH), there are signs that the top cryptocurrency by market cap may be on the cusp of a fresh rally. For instance, BTC recently broke above the mid-term holder breakeven, reducing the likelihood of an immediate sell-off. Related Reading: Bitcoin Market Faces Supply Squeeze As Scarcity Index Turns Positive Again Recent positive developments – such as the US Federal Reserve (Fed) reducing interest rates by 25 basis points – could reinvigorate the crypto market. Against that backdrop, crypto entrepreneur Arthur Hayes recently reiterated his ambitious $1 million BTC prediction. That said, gold bug Peter Schiff opines that BTC has likely already peaked for this market cycle. At press time, BTC trades at $117,523, up 1.8% in the past 24 hours. Featured image from Unsplash, charts from CryptoQuant and TradingView.com
'Good sign for the onslaught of 33 Act ETFs coming soon,' Bloomberg Senior ETF Analyst Eric Balchunas said.
Bitcoin is caught in a strange balance. On one side, long-term holders are consistently realizing gains at elevated levels, turning years-old coins into profit at every opportunity. On the other hand, short-term holders are barely scraping past break-even, showing almost no conviction in taking profits or losses. This two-speed market defines the current environment and […]
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Senator Elizabeth Warren is intensifying her scrutiny of Binance, the world’s largest cryptocurrency exchange, by demanding clarifications from the US Department of Justice (DOJ) regarding the crypto company’s compliance with a 2023 settlement agreement. This comes in the wake of concerns about the exchange’s alleged ties to President Donald Trump’s administration and the potential easing of regulatory oversight. Warren Pressures DOJ On Binance Compliance Following years of legal challenges, which culminated in the resignation and brief imprisonment of former CEO Changpeng Zhao (CZ) over allegations of money laundering in the US, Binance appeared to have navigated a path toward a more favorable regulatory environment during Trump’s presidency. However, in a recent letter to Attorney General Pam Bondi, Warren, along with two fellow Democratic senators, pressed for confirmation that Binance is adhering to the ongoing requirements stipulated in its plea agreement related to charges, including money laundering and violations of US sanctions laws. Related Reading: REX Shares Claims Its DOGE And XRP Spot ETFs Will Be Approved By US SEC Tomorrow The senators expressed their concerns over reports of meetings between Binance executives and Treasury Department officials, seeking clarity on the administration’s role in ensuring the exchange’s compliance with the settlement. Warren’s letter highlighted several specific inquiries. She requested information about the Department’s efforts to guarantee Binance’s compliance with its plea agreement, the status of the company’s anticipated exit from the US market, and any discussions regarding a potential pardon for Zhao. This follows the former CEO’s official request for a presidential pardon earlier this year, after rumors from The Wall Street Journal and Bloomberg suggested that CZ and Trump would be collaborating. The senators also sought details about conversations relating to World Liberty Financial (WLFI), a decentralised finance (DeFi) venture run by the president’s sons, and its plans to list a new stablecoin called USD1 on the Binance platform. Lawmakers Demand Clarity In a response from the Department of Justice on September 12, officials summarized Binance’s plea agreement and confirmed that the exchange had paid all penalties due. However, the senators asserted that the response failed to address their key questions, particularly regarding Binance’s compliance with ongoing requirements. The letter concluded as follows: These reports make it more important than ever that the public understand the Trump Administration’s interactions with, and relationship to, Binance and its employees. We therefore once again request meaningful answers to the questions above by no later than October 1, 2025. Related Reading: Coinbase Vs. State Regulators: Crypto Exchange Fights Legal Fragmentation As NewsBTC reported earlier this week, the exchange is currently in discussions with federal prosecutors to potentially eliminate the oversight condition from its $4.3 billion settlement, specifically the requirement for an external compliance monitor. This development raises alarms for Democrats, especially given that the Department of Justice has begun to scale back the number of compliance monitors established during the Biden administration. Featured image from DALL-E, chart from TradingView.com
NBA star Kevin Durant has been unable to access a Bitcoin stash he bought nearly a decade ago, but his agent says the slip has turned into one of his best investments. Durant, who is set to play for the Houston Rockets this season, started buying Bitcoin in 2016 when he was with the Golden […]
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An analyst has pointed out how a 78% price move could be coming for Pepe based on a technical analysis (TA) pattern forming in its daily chart. PEPE Is Approaching The End Of A Symmetrical Triangle In a new post on X, analyst Ali Martinez has shared a TA pattern forming in the 1-day price of Pepe. The pattern in question is a “Symmetrical Triangle,” which forms when an asset observes consolidation between two trendlines approaching each other at a roughly equal and opposite slope. The upper line of the pattern acts as a resistance barrier, while the lower one provides support. Together, they make it so that the price remains stuck in the channel between them, and since the trendlines involved here are of the converging type, the asset’s range shrinks as it moves inside the triangle. Related Reading: Dogecoin Down 13% As Whales Distribute $181 Million In DOGE An escape out of either of these bounds can imply a continuation of trend in that direction. That is, a break above the triangle can be a bullish sign, while a decline under it a bearish one. Now, here is the chart shared by Martinez that shows the Symmetrical Triangle that the 1-day PEPE price is currently trading inside: As is visible in the above graph, Pepe has been stuck inside this channel since December of last year, but its price is now not far from the apex. Generally, breakouts become more likely to occur the tighter an asset’s range is, as it means retests happen more frequently. With the memecoin standing inside the narrow tip of the triangle now, its range is quite small, so an escape could be probable to occur in the near future. Symmetrical Triangles are usually considered to have an equal bias in both directions, so a possible breakout could occur in either direction for the asset. Triangle breakouts are generally of the same length as the base of the triangle (that is, the distance between the trendlines at their widest). Based on this, the analyst believes the memecoin may be gearing up for a 78% move. Related Reading: Bitcoin Touches $117,000 As Binance Records 9 Days Of Outflows It now remains to be seen how the price of the cryptocurrency will develop in the near future and which side of the Symmetrical Triangle a breakout would take place. The Symmetrical Triangle is just one type of triangles that exist in TA. Another popular variant is the Ascending Triangle, which forms when the upper trendline is parallel to the time-axis. As Martinez has pointed out in another X post, Solana has seen a breakout above such a triangle on the daily timeframe. “Solana $SOL may retest the breakout zone at $210 before pushing toward the $320 target!” explains the analyst. PEPE Price At the time of writing, Pepe is trading around $0.00001137, up more than 9% over the last week. Featured image from Dall-E, charts from TradingView.com
Nubank Vice-Chairman Roberto Campos Neto said the bank will test stablecoin credit card payments, as adoption of stablecoins accelerates across Latin America.
The demand for Ethereum (ETH) by whale investors has grown rapidly during the past few days. According to on-chain data analysis, Ether whales have increased their holdings during the past three days amid rising calls for an ETH price retrace. Precisely, Ether wallets with a balance of between 10k and 100k coins have added 820 …
While earning yield on Bitcoin holdings is still a novelty, there are opportunities to do so through centralized lending platforms and Bitcoin-related networks.
REX-Ospreys XRPR ETF launched with $37.7M in debut volume, the biggest of 2025, as its Doge ETF ranked top five with $17M.
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Dogecoin (DOGE) has surged 13% this week, climbing to $0.282, despite heavy selling pressure from investors. Over $1.63 billion worth of DOGE, nearly 5.81 billion tokens, have been moved to exchanges in September, signaling profit-taking and caution among traders. Related Reading: From $2 Trillion To $400T? CEO Sees Bitcoin Exploding 200x – Here’s More Long-term holders, who had previously offered stability, are also shifting assets according to the coin days destroyed (CDD) metric, often a sign of potential downside risk. However, the bullish rally remains strong, mainly driven by optimism about a possible spot Dogecoin ETF launch. This regulatory milestone, along with increasing corporate treasury use and payment integrations, has kept DOGE on the minds of institutional investors. Technical Setup Points to Potential DOGE Breakout Despite mixed short-term signals, technical analysts remain bullish. The Ichimoku Cloud setup shows all four major indicators aligned in favor of buyers, giving DOGE a “perfect +4” bullish score. Support levels sit near $0.255, with resistance forming at $0.287. A decisive break above could push DOGE toward $0.300 and beyond. Trader Tardigrade highlighted that Dogecoin’s consolidation pattern is steadily building momentum. Each resistance test has been met with higher lows, suggesting waning selling pressure. “Eventually, DOGE will break this resistance and reach new all-time highs,” he noted. Meanwhile, analyst Javon Marks set a breakout target of $0.6533, implying a 111% upside from current levels. CoinCodex forecasts also predict DOGE will trade at $0.32 by mid-October, reflecting continued bullish sentiment. DOGE's price trends to the upside on the daily chart. Source: DOGEUSD on Tradingview Dogecoin ETF Hype and Market Outlook The U.S. SEC’s recent approval of listing standards for spot Dogecoin ETFs has further strengthened the bullish case. The launch of DOJE, backed by REX Shares and Osprey Funds, marks a milestone for meme coin adoption in regulated markets. Corporate participation, such as CleanCore Solutions’ Dogecoin treasury initiative, adds additional credibility and institutional demand. However, risks remain. If DOGE fails to hold above the critical $0.273 support level, analysts warn of a possible correction toward $0.241. Momentum indicators also show overbought conditions, hinting at potential short-term consolidation before any major breakout. Related Reading: The Fed Just Changed Everything For Crypto, Says Top Trader With ETF optimism, corporate adoption, and bullish technicals aligning, analysts see a strong case for Dogecoin’s rally lasting into late 2025, with the potential for a breakout that could more than double its price. Cover image from ChatGPT, DOGEUSD chart from Tradingview
Bitcoin is now less volatile than nearly every company in the Nasdaq 100, according to new research from CEX.io According to the firm, every company in the Nasdaq 100 currently exhibits higher realized volatility than Bitcoin on a three-month basis, with the trend extending to both shorter and longer time horizons. In sharp contrast, Bitcoin’s […]
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The round was co-led by GRVT’s tech partner ZKsync and Further Ventures, an investment firm backed by Abu Dhabi's sovereign wealth fund.
Ron Morrow, head of payments at Canada’s central bank, called on regulators to pass a framework for stablecoins or be left behind.
After stepping down in 2023 as part of a deal with US officials that later sent him to prison, Changpeng Zhao said he had “no plans to return to the CEO position” at Binance.
The new Yield Basis would allocate 35%-65% of its value to holders of vote-escrowed CRV, while an additional 25% would be reserved for the ecosystem.
The first U.S. exchange-traded fund tied to Dogecoin surged out of the gate on Sept. 18, recording nearly $6 million in trading volume during its opening hour, a strong showing for a new crypto-linked product. According to Bloomberg data, the REX-Osprey Doge ETF, listed under the ticker DOJE, reached a turnover of $5.8 million before […]
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In a letter sent to AG Pam Bondi on Thursday, Senators argue the DOJ and Treasury Department did not adequately reply to earlier questions.
Zeus Network is positioning itself at the heart of cross-chain innovation by linking Bitcoin’s unmatched security with Solana’s high-speed infrastructure. If successful, Zeus Network could become a cornerstone of cross-chain adoption, reshaping how value flows between blockchains in the ecosystem. Unlocking New Use Cases For Bitcoin In Solana DeFi Zeus Network is stepping into the spotlight as the project is designed to connect Bitcoin and Solana into one seamless ecosystem, the two most powerful blockchains in the crypto space. SkyeOps, in a post on X, has highlighted the core of Zeus Network’s technology, a decentralized permissionless communication layer that enables interaction between BTC and SOL. This innovative architecture is referred to as Layer 1.5, a hybrid model that leverages BTC security while tapping into SOL performance. Related Reading: Bitcoin Lightning Payment Zaps Across Satellite In Historic First SkyeOps identifies APOLLO as one of Zeus Network’s flagship products, a decentralized Bitcoin-paged token zBTC, an application that enables operations natively on the Solana blockchain. According to the analyst, this is a revolutionary step because it allows Bitcoin holders to participate and earn yield in Solana’s vibrant DeFi ecosystem without having to surrender custody of their BTC to a centralized third party. Furthermore, the network utilizes a novel architecture combining ZeusNode and the Zeus Program Library (ZPL) to facilitate secure cross-chain interactions. The Zeusnode serves as the backbone of the network, with a decentralized system of Guardians who validate and sign cross-chain transactions. Meanwhile, Zeus Program Library (ZPL) provides the essential tools that empower developers to build new applications and services that leverage BTC functionality directly on Solana. Bitcoin Liquidity On Solana Hits An All-Time High The founder of Sensei Holdings and Namaste group, Solana Sensei, has also pointed out a major milestone, celebrating the fact that the supply of BTC on the Solana network has hit a new all-time high, surpassing $1 billion for the first time. Related Reading: Bitcoin Consolidates Gains – Is a Bigger Move Coming Next? According to Solana Sensei, bringing the digital gold onto Solana’s high-performance blockchain enables BTC to gain the speed, low fees, composability, and deep liquidity of the most performant L1 in all cryptocurrencies. As a result, Bitcoin can operate at internet scale, enabling instantaneous trading, use as collateral in lending markets, seamless settlement in DeFi applications, and integration with real-world assets. This connection will create a perfect dynamic. Solana supercharges BTC utility, while BTC lends SOL the ultimate credibility and security as the backbone store of value. “Together, they are turning the vision of Web3 into a true global financial layer. My two favorite cryptos are winning,” Solana Sensei noted. Featured image from Pixabay, chart from Tradingview.com
The Royal Canadian Mounted Police say the exchange failed to comply with money laundering regulations and also confiscated Ethereum and Litecoin, among other digital assets.
Marco Santori outlines a UAE Solana treasury with bare-metal validators; Rekt Capital flags a $238 retest as support and KALEO says $1,000+ sol is plausible.
The emerging competition is likely to be a “zero-sum game" for U.S. issuers, unless the overall crypto market expands significantly.
The interoperability protocol is introducing a permissionless version of the token to Aptos, Avalanche, Tron and several other chains.
SOL rallied above $250 as institutional adoption and pending ETF approval hopes fueled speculation for further bullish momentum.
The crypto exchange integrates Morpho lending into its app, letting USDC users tap DeFi yields of up to 10.8%.
Once clunky and confusing, cryptocurrency wallets are evolving into intuitive tools that could soon hold not just money, but identity, data and more.
Kalshi is rocketing up the prediction market volume charts as four states sue the company, claiming its sports contracts are unlicensed gambling.
A recent survey found that PayPal’s stablecoin is among those with the highest corporate adoption rates.
The market has been gaining momentum in recent weeks, with industry leaders suggesting that the Bitcoin price is only at the beginning of its next major rally. As the digital asset shows resilience against broader market volatility, Adam Back, the co-founder and Chief Executive Officer of Blockstream, a blockchain technology company, has made a bold prediction that Bitcoin at $100,000 is still cheap. The crypto founder believes the flagship cryptocurrency holds far greater potential, predicting its real peak value for this cycle. Why Bitcoin Price At $100,000 Is Still Cheap Back, a long-time advocate of Bitcoin, recently emphasized that the market continues to underestimate BTC’s long-term potential. According to him, debates around diminishing returns from each halving cycle may not fully reflect the current economic climate. The crypto founder pointed out that the most recent halving cycle was impacted by macroeconomic disruptions, such as pandemic-related money printing and global supply chain issues, which may have suppressed Bitcoin’s potential upside. Related Reading: Bitcoin Price Turns Bullish Above $114,000 With Hidden Divergence Forming The Blockstream CEO explained that Bitcoin’s previous peak above $73,000 occurred prematurely and should not be treated as the natural top of the last cycle. Instead, he views it as a temporary cap influenced by external economic headwinds. With those obstacles easing and market conditions aligning more favorably, Back argues that a $100,000 valuation for Bitcoin is “too cheap” relative to its true cycle top. Looking forward, the Blockstream co-founder believes Bitcoin could climb significantly higher during this current cycle, projecting a peak in the range of $500,000 to $1 million. This bullish forecast underscores his conviction that institutional adoption, increasing scarcity, and a shifting global economic environment are setting the stage for BTC’s most explosive rally yet. Chart Analysis Suggests BTC Could Hit $124,000 This Week Crypto analysts are also observing strong technical patterns that suggest Bitcoin may be preparing for another significant breakout. IncomeSharks, a prominent market analyst, has projected that BTC could reach $120,000 by the end of the week. Related Reading: Bitcoin Price Flashes ‘Rarest Signal’ Ever, Is A 100% Rally Possible? His analysis, shared on X social media, is supported by a chart indicating a recovery from recent dips and a potential continuation of the upward trend. Currently, Bitcoin has rebounded from its correction below $108,000 and is now trading above $117,000. IncomeSharks’ chart highlights a “small support break” that has already been recovered, strengthening the bullish case for further price movement. If momentum continues as anticipated, a decisive test of resistance levels near $124,000 appears imminent. Adding to the optimism, market expert Ash Crypto has noted that Bitcoin is experiencing its strongest September in over a decade. Historically, September has often been a bearish month for the cryptocurrency, but this year has shown exceptional resilience. The analyst noted that when BTC closed September in the green, October and November have been “giga bullish.” If this pattern holds, he suggests that the final quarter of 2025 could mark the beginning of a major bull run. Featured image from Pixabay, chart from Tradingview.com