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XRP price and DeFi activity are under fire again, with Swift’s Chief Innovation Officer Tom Zschach, calling Ripple a ‘dead chain walking’ “Surviving lawsuits isn’t resilience. Neutral, shared governance is,” Zschach wrote in a LinkedIn post. “ He continued: “Institutions don’t want to live on a competitor’s rails. Compliance isn’t about one company convincing regulators it should be allowed to operate. It’s about an entire industry agreeing on shared standards that no single balance sheet controls.” (Source: LinkedIn) You can type aggressively on your keyboards, but Zschach’s comment highlights a growing belief in traditional finance that stablecoins and networks like Circle’s USDC are better positioned to become the backbone of next-generation settlement systems. Moreover, XRP’s DeFi picture is dying compared to Ethereum, Solana, Sui, and SEI crypto. Should you be worried as an XRP trader? XRP DeFi Struggles: Why Are Ethereum and Solana Leaving Ripple Behind? (Ethereum at $96.9Bn vs XRP at $87M) The numbers paint a difficult picture for XRP. According to DeFiLlama, the XRP Ledger (XRPL) has a total value locked (TVL) of just $87.85 million, with daily decentralized exchange volume below $70,000. Compare this to Ethereum, which dominates DeFi with $96.9 billion TVL, or Solana with $11.27 billion TVL. Coinbase’s Base chain, which has only been active since 2023, has already pulled in nearly $5 billion in total value locked. It’s a stark reminder of how far XRP trails its peers. (TheBlock) Data from TheBlock tells a similar story in derivatives. XRP’s futures open interest remains a fraction of Ethereum’s or Solana’s, reflecting weak institutional participation. The gap points to an ecosystem still struggling to generate the kind of network effects that draw developers and large enterprises. DISCOVER: 9+ Best High-Risk, High-Reward Crypto to Buy in July 2025 Can XRP Development Save Ripple’s Network From Decline? Ripple has introduced upgrades to stimulate XRPL usage, including: Automated Market Makers (AMMs) with new liquidity pools. RLUSD, Ripple’s own stablecoin, alongside Circle’s launch of a native USDC on XRPL. An EVM sidechain to improve Ethereum compatibility. According to community figures, growth depends less on hype and more on builders driving projects forward. Adam Kagy, co-founder of an NFT marketplace, put it bluntly: “Enterprises will not build on networks with little retail participation or on-chain activity.” DISCOVER: Top 20 Crypto to Buy in 2025 Does XRP Still Have a Future in Enterprise Blockchain Adoption? XRPPriceMarket CapXRP$165.47B24h7d30d1yAll time How anyone thinks Ripple is anything but centralized is truly a mystery. It’s why former Ripple CBDC advisor Antony Welfare stressed the importance of enterprise-grade infrastructure. He pointed to Hyperledger Besu, which processes 10% of Ethereum transactions, as proof that reliability drives institutional trust. For XRP, the challenge is clear: It must show it can handle high-throughput, enterprise-level adoption without centralization risks. Otherwise, the rise of stablecoins and compliance-friendly competitors will wreck it. EXPLORE: Can ETF Approval Push Ripple to $7? Why Analysts See $4 and $7 as the Next XRP Price Predictions Join The 99Bitcoins News Discord Here For The Latest Market Updates Key Takeaways Now that XRP is dead, what’s next? That’s not our question, but the one of Tom Zschach, Chief Innovation Officer at Swift Re-Inventing According to community figures, growth depends less on hype and more on builders driving projects forward. The post Now That XRP is Dead, What’s Next? Swift Executive Calls Ripple a Dead Chain Walking appeared first on 99Bitcoins.

US manufacturing is saved! Or at least that’s what crypto investors are waiting to find out as markets brace for a pivotal Tuesday and fresh manufacturing PMI data, as new US economic data could shape the next leg of financial and crypto market sentiment. The spotlight will be on the Manufacturing PMI (forecast: 53.3, previous: 49.8) at 9:45 AM ET, followed by the ISM Manufacturing PMI (forecast: 48.9, previous: 48.0) at 10:00 AM ET. Manufacturing is the only part of the economy that matters: wealth creation comes from value-added manufacturing. Services only exist to support manufacturing. (Source: X) Wait, maybe that wasn’t the right Twitter post? Eh, no, it works. Analysts expect the ISM number to remain in contraction but edge closer to the 50 threshold. “98–100k is the level to watch. We lose that and officially confirms the bull run being over,” one trader wrote on X, tying equity and crypto market direction to industrial strength. So what should you expect for crypto news today? Key US Manufacturing PMI and ISM Data to Watch on September 2. Does the Manufacturing PMI Point to a September Fed Rate Cut? Equity markets are often glued to PMI releases. Historically, better-than-expected prints have fed risk-on trades in stocks and digital assets; disappointments have had the opposite effect. The next reading matters, and if we’re above 49.5, the recovery story holds; below, the correction drags on. (Source: US Empire Index) July’s economic signals gave no clear verdict on whether the US economy was recovering. Capital goods orders rose 1.1% and shipments 0.7%, showing equipment demand has not disappeared. Yet regional surveys were fractured, with the Empire index flashing growth while Dallas stayed weak. It’s a reminder that U.S. industry is still far from uniform. DISCOVER: Top 20 Crypto to Buy in 2025 From Manufacturing to Tech: How the US Economy Shifted The policies that built America’s industrial dominance, rising wages, labor protections, and safety regulations, also raised production costs. By the 1980s, US factories were undercut by cheaper overseas competition. Fast-forward to 2025, and President Donald Trump’s solution of tariffs and subsidies has had the opposite of the intended effect, so far at least, stoking inflation and driving consumer prices higher. (Source: US Bureau of Labor Statistics) The structural shift that followed is an ancient prophecy at this point. Manufacturing gave way to technology and services, sectors built to scale with far fewer costs. Apple outsourced production abroad, while design and research stayed at home, signaling where American value creation had moved. DISCOVER: 9+ Best High-Risk, High-Reward Crypto to Buy in July 2025 Will the US Manufacturing PMI Point to a September Fed Rate Cut? Despite its long-term decline, manufacturing continues to shape market mood because it mirrors the state of the wider economy. A move by PMIs toward neutral would fit the soft‑landing narrative. Polymarket investors expect two 25-basis-point rate cuts in 2025, likely in September and December, according to CME FedWatch and recent surveys. However, projections may shift as analysts from Goldman Sachs and others forecast up to three cuts, contingent on future inflation and labor data. EXPLORE: Can ETF Approval Push Ripple to $7? Why Analysts See $4 and $7 as the Next XRP Price Predictions Join The 99Bitcoins News Discord Here For The Latest Market Updates Key Takeaways US manufacturing is saved! Or at least that’s what crypto investors hope as markets brace for a pivotal day and fresh manufacturing PMI data According to Polymarket, markets expect two 25-basis-point rate cuts in 2025, likely in September and December The post Fed Rate Cut in September? What US Manufacturing PMI Data Really Signals appeared first on 99Bitcoins.

Shiba Inu’s active addresses have crashed over 50% in three months, providing a bearish outlook for the top meme coin. This development has also coincided with the SHIB price crash during this period. Shiba Inu’s Active Addresses Crash Over 50% Santiment data shows that Shiba Inu’s active addresses have crashed by over 50% since they peaked on May 2 at around 7,800. Since then, this metric has been on a downtrend, dropping to as low as 2,500 earlier in June. Now, the number of active SHIB addresses is currently at an average of 3,000. The drop in Shiba Inu’s active addresses has followed the crash in the SHIB price. Notably, the meme coin reached a peak of around $0.17 in May and has been in a downtrend since then. CoinMarketCap data shows that Shiba Inu is down over 10% from its 3-month high in May. SHIB’s decline has occurred despite the bullish sentiment in the broader crypto market. During this period, Bitcoin and Ethereum have rallied to new all-time highs (ATHs). However, the SHIB price has underperformed despite its positive correlation to the flagship crypto assets. Meanwhile, Shiba Inu’s network growth also paints a bearish picture for the meme coin. Santiment data shows that this metric has been on a downtrend since it peaked in July. Back then, the network growth hit 2,309 in reference to the number of new users adopting Shiba Inu. Since then, the network growth has spiraled down, dropping to as low as 1,078 on September 1. However, a positive for the SHIB price is that the number of holders has increased during this period. Santiment data shows that the total number of SHIB holders has increased during the past three months and is currently at 1.53 million. This suggests that investors continue to believe in the SHIB price’s trajectory, despite its underperformance so far. The meme coin is down over 43% year-to-date (YTD). SHIB Price Confirms Bullish Pattern From a technical analysis perspective, crypto analyst Javon Marks has also provided a bullish outlook for Shiba Inu. In an X post, he stated that the SHIB price has confirmed a bullish pattern in a regular bull divergence, as indicated by the MACD Histogram. Marks explained that this suggests that a major bullish reversal back to the upside may be on the horizon. This could include a rally of over 163% to the $0.00003 range, which the analyst claimed may only be the start. As the SHIB price continues to hold its breakout over an older structure, he predicted that the meme coin could record a rally of over 570% to the $0.000081 breakout target. At the time of writing, the Shiba Inu price is trading at around $0.00001228, up over 2% in the last 24 hours, according to data from CoinMarketCap.

Ecuador-focused SolGold (LON: SOLG) has moved its tax domicile to Switzerland as it pushes its flagship Cascabel copper-gold project into development. The shift, effective August 28, includes the relocation of chief executive Dan Vujcic to Europe. SolGold delisted from the Toronto Stock Exchange in June, but kept its primary listing in London and is weighing an additional listing as part of its corporate overhaul. A key element of the restructuring is the consolidation of full ownership of Cascabel under SolGold Finance AG, its Swiss subsidiary. The move brings the project in line with existing royalty and stream agreements, placing 100% ownership under one entity. “As we advance Cascabel into development, we are not only simplifying and improving our execution plan, but also our corporate structure with the express aim of unlocking substantial value for our shareholders,” Vujcic said. The executive added that establishing a Swiss base would generate a “sizable uplift to post-tax cash flow over the life of mine,” making the project more financeable and improving its already strong economics. The shift comes as the company, backed by some of the biggest names in the industry, including BHP (ASX: BHP) and Newmont (NYSE: NEM), is working on options to to bring Cascabel into production three to four years ahead of schedule. The company sees the mine as a potential multi-generational asset, ranking among the 20 largest copper-gold operations in South America. The new structure aims to sharpen financial performance, enhance shareholder value through tax efficiency, and attract investors amid geopolitical uncertainty and shifting global supply chains.

Asia Market Wrap - Nikkei Arrests Two-Day Slide Most Read: GBP/USD Technical: Sterling torpedoed by spike in 30-year gilt yield, watch the 1.3315/3280 key support The Asian session saw muted trade this morning as market participants waited for the U.S. markets on Wall Street to open after their long holiday weekend. In Japan, the Nikkei recovered after two successive days of losses. Investor confidence was boosted by two main factors: the hope that the U.S. Federal Reserve will cut interest rates soon, and strong sales reports from Japanese department stores. It was an up-and-down day of trading. The Nikkei was down at one point, but it recovered to finish the day with a small gain of 0.3%. Another major Japanese stock index, the Topix, had an even better day, rising by 0.6%. Market participants are looking to the U.S. for direction, especially since September has often been a weak month for stocks. Similarly, markets across Asia were mixed, going up and down by small amounts without any clear trend. The biggest activity in the Asian session came from Gold where the precious metal printed a fresh all-time high. Gold sailed past $3,500 per ounce to a high of $3508.5/oz before settling and then falling back to trade at $3476/oz at the time of writing. For more on Gold prices, read Gold (XAU/USD) Technical: Bullish acceleration supported rising implied volatility. European Open - European Stocks Retreat Long-term bond yields in Britain and France reached their highest levels in more than ten years. This happened because investors are increasingly worried about the financial situation of countries worldwide. When bond yields go up, their prices go down. The yields on very long-term bonds, like 30-year ones, have been rising globally. Investors are concerned about the large amount of debt in countries from Japan to the United States, but Britain and France are especially in the spotlight. This concern also hurt the stock market. Europe's main stock index, the Stoxx 600, dropped by 0.6%, with real estate stocks that are sensitive to interest rates falling by almost 2%. The FTSE and DAX stock indexes also went down in early trading, by 0.3% and 1.14%, respectively. On the FX front, the British pound dropped more than 1% against the dollar to 1.3402, making it the weakest it's been against the euro in almost a month. The U.S. dollar went up by 0.86% against the Japanese yen, reaching 148.47 yen. The euro also strengthened against both the pound and the yen, rising by 0.5% and 0.3%, respectively. Overall, the dollar's value increased by 0.7% against a group of other major currencies. Currency Power Balance Source: OANDA Labs Oil prices increased on Tuesday. This was due to growing concerns that the conflict between Russia and Ukraine could disrupt oil supplies. The market was also trying to figure out if new U.S. jobs data would be weak enough to cause the Federal Reserve to cut interest rates. Brent crude oil went up by $1.12, or 1.6%, to $69.27 per barrel, while U.S. West Texas Intermediate crude rose by $1.77, or 2.77%, to $65.78 a barrel. For a more in depth and technical look at Oil, read WTI Oil Rallies 1% and Eyes Break of Key Confluence Level. Could a Rally to $70/Barrel Finally Materialize? Eurozone Inflation Data In August 2025, consumer prices in the Euro area went up by 2.1%, which was a bit more than what was expected and also a little higher than July's rate. This was mainly due to food prices, which increased by 5.5%, and energy costs, which didn't drop as much as they did the month before. At the same time, the cost of services went up a little less, and prices for things like processed food, alcohol, and tobacco also rose at a slightly slower rate. The cost of non-energy industrial goods stayed the same. The core inflation rate, which doesn't include prices for energy, food, alcohol, and tobacco, stayed at 2.3%—its lowest since January 2022. Economic Data Releases and Final Thoughts Looking at the economic calendar, the European session will be quiet moving forward after Euro Area inflation data was released.. The US session will bring some high impact data in the form of PMI data. Service data is always important for the US as it is largely a service driven economy. Moving forward, sentiment will be key and likely hinge on any news on the geopolitical front ahead of US jobs data this week. For all market-moving economic releases and events, see the MarketPulse Economic Calendar. (click to enlarge) Chart of the Day - DAX Index From a technical standpoint, the DAX Index has continued its slide after finding resistance at the confluence area around the 24000 handle. The Index is down around 1.3% on the day and now testing the 100-day MA which rests at the 23700 handle. Failure to hold here could see the index extend its losses toward the swing low at 23384 before the 23212 handle comes back into focus. A move higher here will first need to break above the 24000 handle and the 20 and 50 day MAs resting just above. If the DAX is able to clear those hurdles, then a retest of the top of the bull flag pattern may materialize. DAX Daily Chart, September 1. 2025 Source: TradingView.com (click to enlarge) Follow Zain on Twitter/X for Additional Market News and Insights @zvawda Opinions are the authors'; not necessarily that of OANDA Business Information & Services, Inc. or any of its affiliates, subsidiaries, officers or directors. The provided publication is for informational and educational purposes only. If you would like to reproduce or redistribute any of the content found on MarketPulse, an award winning forex, commodities and global indices analysis and news site service produced by OANDA Business Information & Services, Inc., please refer to the MarketPulse Terms of Use. Visit https://www.marketpulse.com/ to find out more about the beat of the global markets. © 2025 OANDA Business Information & Services Inc.

Overview: A broadly stronger US dollar greets the returning North American participants from the long holiday weekend. The greenback has risen by 0.7% or more against most of the G10 currencies. The Norwegian krone and Canadian dollar have fared best and are off less than 0.2%. Sterling is bearing the brunt. It is off nearly 1.15%. The yen is down more than 1% amid a rise in the US (and European yields) and the resignation by the leaders of the LDP, leaving Prime Minister Ishiba even more isolated. Most emerging market currencies are also weaker. with the central European currencies down most. The pressure appears to be emanating from the bond market. Benchmark 10-year yields are mostly 3-5 bp higher in Europe. The 10-year US yield, which has fallen by almost nine basis points over the past two weeks, is up around 5.5 bp to a little above 4.28%. The 30-year bond yields are also jumping 4-5 bp in Europe and the US. The jump in yields also appears to be taking a toll on equities. In the Asia Pacific region, among the large markets, only Japan, South Korea, and Singapore managed to rise. Europe's Stoxx 600 is off 0.65%-0.70%, while US index futures are trading 0.35%-0.60% weaker. Gold reached a record high (~$3508.75) in Asia Pacific turnover before pulling back to almost $3470 in early European activity. October WTI rose by about 0.5% last week and soared by almost 3% today to nearly $66, its best level since August 4. OPEC+ meets this coming weekend, but most expect it to hold production steady. USD: The Dollar Index slipped through the August low (~97.55) yesterday, recording the third consecutive session with lower, higher, and lower lows. It rallied back and reached a four-session high near 98.40. Although intraday momentum indicators are stretched, the dollar squeeze may not be over. The 98.60 area corresponds to the (38.2%) retracement of last month's decline. The focus this week is on the labor market, where the recent weakness is going to spur the Fed to begin adjusting monetary policy again. Yet, at 2.6%, the PCE deflator is unchanged from what it finished last year. As Fed Chair Powell noted recently, even if the tariffs boost price is a one-time event, the tariffs are being rolled out and implemented continuously. And now the legal authority that the president has been claiming to implement most of the tariffs has been called into question by two separate courts. Meanwhile, the decision on Governor Cook's case may be handed down today or tomorrow. Today's data includes the final August manufacturing PMI, which runs hotter than the ISM manufacturing that is also due, alongside July construction spending. There may be headline risk but the legal developments and Friday's jobs report more important. EURO: Yesterday, the euro extended its recovery seen in into the end of August and reached $1.1735. Last month's high was almost $1.1745. It is snapping a three-day rally with a setback that has extended to $1.1635 so far today. Nearby support is seen in the $1.600-10 area. Initial resistance is new pegged around $1.1655-60. After the four large members of the EMU reported August CPI figures at the end of last week, the preliminary aggregate estimate was no surprise. Prices rose by 0.2% in August after a flat reading in July. At an annualized rate, eurozone CPI has risen by about 2.0% over the past three months. Due to the base effect, the year-over-year rate edged up to at 2.1% (from 2.0%), while the core rate was unchanged at 2.3%. The ECB meets next week, and the economic projections will be updated. Meanwhile, the French government looks poised to fall after next week's confidence vote. President Macron will either try the same (failed) strategy under a new prime minister or call new parliamentary elections, a gamble two years ago for which he (and France) is still paying the prices. France now pays around 18 bp more than Greece to borrow for two year and 11 bp more to borrow for 10-year. CNY: After falling to a new low for the year end of last week against the offshore yuan (~CNH7.1160), the dollar bounced yesterday to CNH7.1325. The gains have been extended to almost CNH7.15 today. The CNH7.1530-70 may offer resistance. Over the weekend, China reported that is August PMI ticked up slightly. Manufacturing remained below the 50 boom/bust level while non-manufacturing holds a little above. The Caixin PMI has been rebranded as "RatingDog" and its manufacturing PMI ticked up to resurface above 50 after dipping to 49.5 in July. The PBOC has been actively lowering the dollar's reference rate and allowing the yuan to strengthen. Last week, the reference rate fell by about 0.40%, the largest weekly decline in late September 2024. It increased yesterday (CNY7.1072 vs. CNY7.1030 at the end of last week), and a little more today: CNY7.1089. While many observers bemoan the under-valued yuan for the aid it ostensibly gives exports, we suspect they will be even more unhappy if the yuan is allowed to strengthen and allows Chinese companies foreign direct investment push more advantageous. JPY: After being confined to narrow ranges of the past few sessions, the dollar surged today. It has reached almost JPY148.80, its highest level since August 1. It approached the 200-day moving average (~JPY148.90). There are two drivers. The first is the one we are accustomed to, namely a jump in US rates. The 10-year Treasury yield is up five basis points. That Japan long-end rates are firm does not matter so much in the first instance. Second, senior LDP leaders have resigned. This includes Prime Minister Ishiba's ally, LDP Secretary General Moriyama. The LDP policy chief Onodera and general counsel Suzuki also stepped down. It adds to the pressure on Ishiba to resign as well. Separately, at the end of last week, it was reported that Tokyo's headline and core inflation have moderated for three consecutive months. We also learned last week, the retail sales (1.6% month-over-month compared with -0.2% expected in Bloomberg's survey) and industrial output (-1.6% too compared with a median forecast of a 1.1% decline) disappointed in July. Yesterday, Japan reported that in Q2, on the back of a 0.8% year-over-year increase in sales, profits rose by 0.2%. The final manufacturing August PMI was slipped from the 49.9 preliminary estimate to 49.7, but the market pays little attention to the Japan's PMI. For the past three months, the swaps market has ranged from discounting around eight basis points to cut to 24 bp. It has fallen back to about 15 bp today from around 18 bp yesterday. GBP: Sterling edged higher on the back of the weaker dollar yesterday and extended last week's advance to $1.3550. Despite a reshuffling of Prime Minister Starmer's economic advisors, sterling has been sold sharply today, even as Gilt yields jump. Sterling has been pushed though $1.3400 to almost $1.3375 today, its lowest since August 7. It has nearly retraced half of last month's advance (~$1.3370). The next retracement (61.8%) is around $1.3315. The market showed little reaction yesterday to the July consumer credit and mortgage data, and the final August manufacturing PMI was softer at 47.0 from 47.3 (confirming the decline from 48.0 in July). The final services and composite PMI are due tomorrow. The highlight of the week is the July retail sale report on Friday. Fiscal worries continue to build. In August, the 10-year Gilt yield rose by nearly 12 bp, the most in the G10 after France, where the 10-year yield rose by 15 bp. However, the implied year-end rate also rose 12 bp in the UK but only 3-4 bp in the eurozone. CAD: Canada was also on holiday yesterday, and the greenback did not venture far. It was confined to about CAD1.3735-CAD1.3760. Amid the broader US dollar gains today, it has risen to almost CAD1.3785. There may be scope for additional gains toward CAD1.3800 initially. The market is still digesting the disappointing GDP report at the end of last week. The economic contraction was more than twice the 0.7% decline anticipated by the median forecast in Bloomberg's survey. The deterioration of the trade balance and decline in investment in nonresidential structures and capital equipment offset the increase in consumption and inventory accumulation. The market understood the magnitude of that the contraction increased the chances of a cut at next week's meeting. The odds now stand around 50%, up from about 37% a week ago. There are two important data points ahead of the meeting. The first is Friday's employment report, and a modest recovery is expected after Canada shed 40.8k jobs in July (51k full-time positions), but it is probably not sufficient to prevent another rise in the unemployment rate back to May high of 7.0%, the highest since the pandemic impact was unwinding. The day before the Bank of Canada meets (September 17) the August CPI will be reported. Given that last August, the CPI fell by 0.2%, the base effect warns of a firmer year-over-year rate and sticky underlying core rates. AUD: The Australian dollar reached $0.6560 yesterday, its best level since the August high was recorded near $0.6570 on August 14. However, it has come under strong pressure today and tested support near $0.6500 and frayed the 20-day moving average. A convincing break of the $0.6500 targets the $0.6470-80 area next. Earlier today, Australia reported that is Q2 current account deficit narrowed to A$13.7 bln from A$14.1 bln in Q1 (initially A$14.7 bln). Q2 GDP due tomorrow. The economy is thought to have accelerated from 0.2% in Q1 to 0.5% in Q2. Quarterly GDP rose by an average of 0.4% last year and almost as much in 2023 and nearly double that in 2022. After cutting rates in August, the bar to a back-to-back cut seemed high and the data will fall short. The RBA is on hold this month, but another rate cut is expected in one of the two meetings in Q4, and the market favors the November meeting. The cash target rate is at 3.60% and the market expects a terminal rate near 3.0%. MXN: The dollar held above MXN18.60 yesterday and recovered to little changed levels in thin dealings to settle near MXN18.6650. Today, the greenback approached last week's high (~MXN18.7980) amid the general risk off mood. Mexico's most interesting data of the week was arguably reported yesterday. The August manufacturing PMI rose above 50 in August for the first time since June 2024 (50.2 vs 49.1 in July). The IMEF surveys (similar to PMI) did not confirm the optimism of the PMI. The manufacturing IMEF firmed to 45.6 in August from a revised 45.3 in July. (initially 45.5). The non-manufacturing IMEF rose to 49.9 from a revised 49.3 (initially 49.1). Worker remittances, the largest source of foreign currency, appear to be slowing. The rolling 12-month moving average peaked last November. March was the last month that the 2025 remittances exceeded the 2024 remittances. At $5.33 bln in July, they were 4.7% lower than July 2024. In H1 25, worker remittances totaled about $29.6 bln, down from 31.3 bln in H1 24, the lowest first half inflow since 2022. Disclaimer

The sterling slumped against the US dollar, losing as much as 1.2% intraday and erasing all gains from Fed Chair Powell’s dovish Jackson Hole speech on 22 August 2025. Based on a one-day rolling performance basis as of Tuesday, 2 September, the sterling is the weakest major currency against the greenback, where the USD/GBP gained by 1.1% at the time of writing (see Fig. 1). Fig. 1: 1-day rolling performances of the US dollar against major currencies as of 2 Sep 2025 (Source: TradingView) 30-year gilt yield spiked to a 27-year high Fig. 2: 30-YR Gilt yield long-term secular trend as of 2 Sep 2025 (Source: TradingView) The longer-term UK sovereign bond yield extended its gains further today, where the 30-year gilt yield jumped by 6 basis points to hit 5.69%, its highest level since March 1998. The recent spike in the 30-year gilt yield is over concerns of a widening UK budget deficit due to UK Chancellor Rachel Reeves’ decision to increase borrowing in last year’s budget, in turn increasing the “risk premium” on longer-term gilts because of uncertainty over its rising debts. Today’s current environment in the UK gilt market draws a parallel to the 2022 gilt crisis triggered by former UK Prime Minister Liz Truss’s “mini” budget that focused on a loose fiscal policy that triggered significant spikes in the 30-year gilt bond yield and a sell-off in sterling. Fig. 3: GBP/USD minor trend as of 2 Sep 2025 (Source: TradingView) Preferred trend bias (1-3 days) Bearish bias on the GBP/USD with key short-term pivotal resistance at 1.3460 to expose the next supports at 1.3370 and 1.3315/1.3280 (medium-term pivot) (see Fig. 3). Key elements Price actions of the GBP/USD have traded below the 20-day and 50-day moving averages.The 4-hour RSI oscillator has not reversed up from its oversold region (below 30), which suggests that short-term bearish momentum is likely to persist at this juncture.The 1.3315/1.3280 medium-term pivotal support zone is defined by the medium-term ascending trendline from the 13 January 2025 low, the former minor congestion area from 4 August 2025 to 6 August 2025, and the 61.8% Fibonacci retracement of the prior minor rally from the 1 August 2025 low to 14 August 2025 high.Alternative trend bias (1 to 3 days) A clearance above 1.3460 key resistance on the GBP/USD negates the bearish tone to retest the minor range resistance of 1.3545. Opinions are the authors'; not necessarily that of OANDA Business Information & Services, Inc. or any of its affiliates, subsidiaries, officers or directors. The provided publication is for informational and educational purposes only. If you would like to reproduce or redistribute any of the content found on MarketPulse, an award winning forex, commodities and global indices analysis and news site service produced by OANDA Business Information & Services, Inc., please refer to the MarketPulse Terms of Use. Visit https://www.marketpulse.com/ to find out more about the beat of the global markets. © 2025 OANDA Business Information & Services Inc.

The imagery from the Modi-Xi Alliance in Tianjin clearly showed a BRICS revolution. China, Russia, and India, led by Modi, Putin, and Xi Jinping, positioned themselves as a counterweight to US dominance. It’s hilarious seeing so many countries opt to talk to Xi and risk getting ripped off by a relatively new superpower, as a preferable option to facing Donald Trump’s tariffs and capricious, borderline, manic behavior. Even Norway doesn’t want to deal with Trump. Norway! A neutral sovereign rich haven. “Optics is a key part of this summit, and the White House should grasp that its policies will result in other countries looking for alternatives,” said Manoj Kewalramani of the Takshashila Institution. (Source: X) The performance underscored what Moscow has openly called a revived “troika,” signaling that despite almost inevitable border disputes and competing interests across Eurasia, the three nations are willing to project solidarity to weaken the US. Modi-Putin-Xi Jinping Alliance: What Does it Mean for BRICS? What Does It Mean For BTC USD Price? Everything has to be viewed in the context of the confrontation with China. It’s a worrying development. Recently, the US has increased its belligerence against Venezuela, calling for the arrest of President Nicolás Maduro, who exports oil to China. How the USA treats Venezuela can be viewed as a barometer for how we view China in that sense. Venezuela is part of the BRICS economic alliance (Brazil, Russia, India, China, South Africa) and is a key economy in South America. The US empire wants to break BRICS as a group and Russia and China as individual countries, but it is failing badly. For investors, the shifting BRICS landscape also points toward new market opportunities. DISCOVER: Next 1000X Crypto: 10+ Crypto Tokens That Can Hit 1000x in 2025 The US has failed so far to take down Russia via Ukraine, failed to take down Iran, wants to pivot to China, but cannot get out of Ukraine – yet. So, why not start another action against Venezuela? (Source – InvestyWise) All that said, even combined BRICS nations are still behind American hegemony. BRICS nations have also lagged in adopting BTC ▲0.68%, slower than many analysts expected. Still, accumulation is happening through indirect channels like Hong Kong. Crypto shops now operate inside shopping malls. ATMs line busy streets. (X) Legislation introduced last month in Hong Kong allows licensed firms to issue stablecoins, a step toward capturing part of the $3.8Tn digital asset market. With crypto banned in mainland China, the city is positioned as a testing ground. Success could open the door to a yuan-backed token offshore, pushing wider adoption across the region. Is WW3 Close? Putin Links Ukraine Peace to NATO Rollback Putin also used the stage to tie Ukraine’s war directly to NATO expansion, repeating that a “fair balance in the security sphere” must be restored. “In order for a Ukrainian settlement to be sustainable and long-term, the root causes of the crisis must be eliminated,” Putin said, citing NATO’s 2008 pledge to admit Ukraine and Georgia. He added that “understandings” with U.S. President Donald Trump in Alaska “opened a way to peace,” and praised India and China for their proposals. (Source: Americas Market Intelligence) China and India remain Russia’s largest crude buyers, helping sustain Moscow’s war economy despite Western sanctions. According to IMF data, BRICS nations now account for over 40% of global GDP (PPP terms), which is projected to rise in 2025, compared to just 28% for the G7. WWW3 has started. It’s not a hot war; it’s an economic one. DISCOVER: 9+ Best High-Risk, High-Reward Crypto to Buy in July 2025 Why the Xi-Modi-Putin Alliance at the BRICS Summit Matters for Global Markets The tableau of Modi, Xi, and Putin smiling together was intended for more than local audiences. With Trump’s tariffs hitting India and NATO still central to Europe’s security agenda, the SCO summit offered a visual counter-narrative against US hegemony. Tianjin showcased how political theater can reframe global perceptions, and how power is shifting as US trade and security policies create new openings for rivals. EXPLORE: Eric Trump Attends Metaplanet Shareholder Meeting: Japanese Company Brings BTC Holdings To 20,000 Join The 99Bitcoins News Discord Here For The Latest Market Updates Key Takeaways The imagery from Tianjin was clear: China, Russia, and India, led by Modi-Putin-Xi Jinping, are a counterweight to US hegemony. Even Norway doesn’t want to deal with Trump. Norway! A literal neutral haven. The post Trump on the Sidelines? Modi-Putin-Xi BRICS Alliance Coming For Crypto Markets appeared first on 99Bitcoins.

Once again, 2D crypto investigator ZachXBT shook the crypto Twitter space by revealing that more than 200 influencers had not disclosed their paid promotions. A spreadsheet with how much they charge and links to wallets where they have received the funds makes it even spicier. ZachXBT claims that at max, only five out of those 200 paid promoters disclosed their posts as ads. BitcoinPriceMarket CapBTC$2.20T24h7d30d1yAll time DISCOVER: Best Meme Coin ICOs to Invest in 2025 Who is ZachXBT? Why is Crypto Twitter in Turmoil? ZachXBT started his journey in 2017. He started as a regular crypto trader, and not long into his journey, in 2018, he got hacked for $15K in ETH. That initially pushed him to start searching and digging through Etherscan to find out what had happened. Without any finance background or working in tech, he used whatever public tools he had at hand to find relevant information about crypto hacks and scammers. Later, his first big breakthrough was when he discovered the Rogue society, which minted over 15,777 NFTs. Some are even pushing for FTC-compliant influencer whitelisting already. In traditional markets, hiding paid promotions is a fast track to enforcement. But in crypto, it’s just another Tuesday, until someone like ZachXBT airs the laundry. DISCOVER: 20+ Next Crypto to Explode in 2025 Join The 99Bitcoins News Discord Here For The Latest Market Updates Key Takeaways Who is ZachXBT in the crypto world? How ZachXBT leaked over 200 influencers for not disclosing their deals. The post Night of Terror For Paid Crypto Influencers: ZachXBT Spotlights The Dirtiest Players in Crypto Twitter appeared first on 99Bitcoins.

According to pseudonymous Bitcoin analyst PlanC, the road to $1,000,000 per coin might look a lot less pronounced than many expect. PlanC floated the idea that, instead of sharp parabolic runs, Bitcoin could “slow-grind” higher — inching upward over the next seven years and quietly reaching $1 million by 2032. Slow Grind, Fewer Flashy Moves PlanC argues that long stretches of sideways trading tend to fool people into thinking the cycle has ended and that crashes of up to 80% are coming. He suggested those deep wipeouts haven’t played out every time prices pause. Instead, he envisions recurring, drawn-out consolidations and corrections of roughly 10–30% — messy but manageable — that add up to steady gains rather than headline-grabbing rallies. Jan3 Founder Sees An Omega Candle Not everyone agrees. Jan3 founder Samson Mow has painted a very different picture. According to reports, Mow predicted an “omega candle” that could lift Bitcoin by $100,000 in a single day. He told Magazine in June that $1,000,000 is “a given,” and he suggested the milestone could come this year or next. That view leans on the idea that sudden, extreme demand imbalances can still trigger explosive moves. Institutional Demand Versus Market Mechanics Spot Bitcoin ETFs and corporate treasuries are central to the debate. According to reports, several high-profile figures now predict Bitcoin will reach $1 million. Tom Lee has suggested it could hit that kind of figure or even $3,000,000 long term, while Michael Saylor has put $1 million on the table by 2035. Asset managers have joined the chorus. Bitwise forecasts $1.3 million by 2035, pointing to rising US debt and a weaker dollar as drivers. Other voices include Robert Kiyosaki, who sees $1 million by 2030, and Cantor Fitzgerald analysts who also back the milestone. Timelines differ, but institutional confidence in Bitcoin’s long-term case is clearly growing. Risk Of Forced Selling Remains Real Meanwhile, Swyftx lead analyst Pav Hundal warned that many treasury buyers use credit, and if credit spreads widen or risk measures spike, “strong hands” could be forced sellers. Market structure can change quickly when liquidity thins or macro stress appears. Reports have disclosed that institutional flows create a base of demand, but they don’t remove traditional market pressures. Bitcoin’s Path To $1M: Sudden Surge Or Slow Grind Ahead? Some industry figures view a rapid ascent as a red flag. Galaxy Digital CEO Mike Novogratz said on Aug. 17 that a million-dollar Bitcoin next year would likely mean the US economy was in serious trouble. In his view, extreme price moves tied to fear or systemic stress would not be a healthy signal for either markets or the broader economy. For now, the outlook splits between a blockbuster surge and a quiet climb. Whether Bitcoin delivers an omega candle or inches its way higher, the possibility of reaching $1,000,000 remains central to the debate. If PlanC is right, there may be no fireworks at all—just a steady grind that takes the coin to its milestone over the next seven years. Featured image from Meta, chart from TradingView

Diễn ra từ ngày 7 đến 29 tháng 9 năm 2025, CSOP Mùa Thu sẽ mang đến 23 ngày thi đấu liên tục, 125 sự kiện chính, 42 sự kiện phụ và tổng giải thưởng đảm bảo chưa từng có 6 triệu USD. Từ người chơi giải trí đến các tay chơi dày dạn kinh nghiệm, chuỗi sự kiện này được thiết kế cho tất cả mọi người với ba mức buy-in, các giải vệ tinh hàng ngày với buy-in chỉ từ $0,20 và nhiều thể thức poker đa dạng. Sự kiện sẽ kéo dài suốt tháng và hướng đến Vòng Chung Kết Chủ Nhật có giải thưởng 1 triệu USD vào ngày 28 tháng 9, một trong những ngày trọng đại nhất trong lịch sử CoinPoker. https://x.com/CoinPoker_OFF/status/1959994401272348785 Một Lễ Hội Dành Cho Mọi Người Chơi Poker CSOP Mùa Thu 2025 cung cấp ba mức buy-in riêng biệt: Thấp: $2 – $10 Trung bình: $25 – $50 Cao: $100 – $500 Mỗi mức đều có bảng xếp hạng riêng và các chương trình khuyến mãi độc quyền, đảm bảo giá trị gia tăng thêm trên toàn hệ thống. Những Con Số Chính 23 ngày thi đấu 125 sự kiện CSOP + 42 sự kiện phụ Tổng giải thưởng đảm bảo 6 triệu USD $100.000 giá trị gia tăng Giải vệ tinh hàng ngày buy-in chỉ từ $0,20 $100.000 Giá Trị Gia Tăng Ngoài tổng giải thưởng đảm bảo 6 triệu USD, CoinPoker còn đóng góp $100.000 giá trị gia tăng, bao gồm: $50.000 giải thưởng tại các bảng xếp hạng theo cấp độ $30.000 giải đấu Thử Thách Khối Lượng $20.000 giải thưởng Cơ Hội Lật Kèo Thứ Hai Các Sự Kiện Nổi Bật của CSOP Mùa Thu Khởi Động Đội Ngũ Sáng Tạo – 7 tháng 9 CSOP mở màn với sự kiện Khởi Động Đội Ngũ Sáng Tạo, với phần thưởng đặc biệt dành cho những người sáng tạo nội dung poker hấp dẫn nhất. Các đại sứ của CoinPoker là Corey Eyring, Frankie C và Ryan DePaulo sở hữu tổng cộng hơn 471.000 người đăng ký YouTube, hứa hẹn thu hút lượng người tham gia khổng lồ với mức phí buy-in phải chăng. Người Chơi Cược Lớn Hàng Tuần Các cao thủ có thể tranh tài trong các sự kiện như Nemesis $5.000 và PLO $2.000 đặc biệt, cả hai đều có tổng giải thưởng đảm bảo cao. Sự Kiện Bitcoin Boosted – Mỗi Chủ Nhật Một sự kiện được người hâm mộ yêu thích quay trở lại đầy ấn tượng với $125.000 đảm bảo mỗi tuần. Vòng Chung Kết: 1 triệu USD Chủ Nhật – 28 tháng 9 Chuỗi sự kiện sẽ đi đến đỉnh cao với Vòng Chung Kết Chủ Nhật 1 triệu USD, bao gồm nhiều giải đấu lớn trong cùng một ngày: Sự kiện Chính $10 – $10.000 GTD Sự kiện Chính $50 – $50.000 GTD Sự kiện Chính $500 – $200.000 GTD Sự kiện Bitcoin Boosted – $125.000 GTD Cùng với các sự kiện Chủ Nhật Đặc Biệt được yêu thích Với tổng giải thưởng đảm bảo hơn 1 triệu USD chỉ trong một ngày, đây sẽ là một trong những sự kiện poker trực tuyến quan trọng nhất từng được tổ chức trên CoinPoker. “CSOP Mùa Thu 2025 là chuỗi sự kiện tham vọng nhất từ trước đến nay” “CSOP Mùa Thu 2025 là chuỗi sự kiện tham vọng nhất của chúng tôi từ trước đến nay”, quản lý phòng poker James Williams cho biết. “Từ các giải vệ tinh $0,20 đến các giải đấu lớn $5.000, chúng tôi đã xây dựng một lễ hội thực sự dành cho tất cả mọi người. Vòng Chung Kết Chủ Nhật trị giá 1 triệu USD sẽ là khoảnh khắc lịch sử cho poker trực tuyến trên CoinPoker.” Cách Tham Gia Các giải vệ tinh hàng ngày hiện đã diễn ra với buy-in chỉ từ $0,20, với nhiều suất tham dự bổ sung cho các sự kiện chính và điểm nhấn đặc biệt như Khởi Động Đội Ngũ Sáng Tạo. Lịch trình đầy đủ và các giải vệ tinh hiện đã có tại coinpoker.com. Hãy tham gia ngay hôm nay! Giới Thiệu Về CoinPoker CoinPoker là một trong những nền tảng poker trực tuyến hàng đầu thế giới, được hỗ trợ bởi công nghệ tiền điện tử và blockchain, mang đến trải nghiệm chơi nhanh chóng, an toàn và minh bạch. Với phương châm lấy người chơi làm trung tâm, các chương trình khuyến mãi sáng tạo và các sự kiện hàng đầu như CSOP và Giải Vô Địch Tiền Mặt Thế Giới, CoinPoker tiếp tục đặt ra những tiêu chuẩn mới trong poker trực tuyến. Đối với những người chơi poker tiền mặt thường xuyên, CoinPoker còn có giải thưởng trị giá $12.000 mỗi ngày trên bảng xếp hạng 4 giờ, còn được gọi là Coin Races. Kết Nối Với Chúng Tôi X/Twitter: @CoinPoker_OFF Instagram: @coinpoker YouTube: CoinPoker Official Liên Hệ Truyền Thông Mọi thắc mắc truyền thông vui lòng liên hệ: Tên: James Williams Email: media@coinpoker.com

Ostium Labs argues that Bitcoin’s uptrend remains intact after August’s reversal, but it draws a bright red line at $98,000. In its September 1 Market Outlook, the firm writes: “Closing below $98k on this timeframe would turn weekly structure bearish,” adding that “above $98k weekly structure is still bullish and therefore we should anticipate the formation of a higher-low.” At publication time, Ostium referenced BTC around $108,017, with the August monthly candle settling “firmly red” after wicking through the record to roughly $124.5k and closing near prior resistance-turned-support around $108.2k. Key Bitcoin Price Levels To Watch Now On the monthly chart, Ostium sees no evidence of a 2021-style cyclical top. The note acknowledges some momentum divergence on RSI but stresses the absence of confirmation from the Awesome Oscillator: “AO has continued to point towards building momentum throughout the uptrend… I do not think this is even remotely similar to the 2021 top formation.” The bear case strengthens only if September “closes below the 2025 open at $93.3k and therefore below local trendline support.” For the bullish path, the team wants September to find support “above the yearly open, but likely much higher around the July lows at $105k,” and “ideally” finish the month green “above the August open at $115k,” a configuration they say would “set us up for expansion beyond the highs in October.” Weekly structure, by Ostium’s read, “showed no exhaustion on the move higher” and has now reset toward 50 on RSI, a profile the firm says supports trend continuation. Should the market carve a higher low early in September and reclaim momentum, a weekly close “back above $112k leads to a retest of the August open and potentially $117.5k into FOMC with a retest of the highs before month-end.” The daily timeframe remains the near-term hurdle. Ostium characterizes the pullback as “orderly,” with supports flipped to resistance on the way down and “the key level… obviously the $112k prior all-time high,” which served as support in early August and then “reclaimed resistance” on last week’s leg lower. “A breakout and close above the trendline and back above $112k would look like the bottom is in,” they write. A failed probe—“wick above the trendline into $112k and reject”—would bias price toward “the June open at $104.5k, with the 200dMA below that at $101.3k being key demand.” In derivatives, CoinGlass liquidation heatmaps for Binance’s BTC/USDT pair over one week and one month show dense liquidation bands layered above the $114k cap and clustered below around the $120k region, while no significant levels are visible to the downside. With a macro-heavy week ahead— ISM prints, JOLTS, the Fed’s Beige Book, jobless claims, ADP, ISM Services, and Friday’s Nonfarm Payrolls—Ostium lays out conditional tactical setups. For longs, they prefer evidence of exhaustion into support: trendline resistance respected, “today’s low” taken out via a liquidation wick into the June-open/200-day cluster, and bullish divergence forming there before bidding for a move back to the weekly open and the $112k retest. For shorts, they prefer a sharp early-week squeeze into $112k “with trend exhaustion… having not taken out today’s low around $107k,” fading the pop back into weekly lows with risk reduced if it unfolds ahead of NFP. Ostium also surveys positioning, pointing to snapshots across Velo and CoinGlass, three-month annualized basis, and the mix between Bitcoin and altcoin open interest, as well as one-week and one-month liquidation maps. While it refrains from headline claims on those dashboards, the note’s technical levels line up with the most concentrated liquidation density visible in the attached heatmaps, where stacked interest remains perched near the $112k pivot overhead and layered through the $105k–$101k demand shelf. DXY As Tailwind For The BTC Price The report extends beyond Bitcoin. The dollar backdrop, in Ostium’s framework, remains a tailwind for BTC into year-end. With DXY around 97.2, the firm says the current sequence rhymes with past cyclical drawdowns and expects “DXY to break below 96 and push towards at least 94.6, but more likely 93,” where a bottoming formation could emerge above the 200-month moving average. The secular DXY bull case is not dismissed; rather, Ostium situates the present leg as the final cyclical downswing before a higher-low and multi-year recovery, contingent on policy outcomes. A decisive monthly reclaim of 100 would invalidate the near-term bearish DXY view. Across assets, the through-line of Ostium’s September map is clarity on thresholds. For Bitcoin, a weekly loss of $98,000 would be the first structural break of the cycle; a daily reclaim of $112,000 would strongly argue the local low is in; and a monthly hold above $105,000 with a close back over $115,000 would tee up fresh highs into October. At press time, BTC traded at $110,610.

BTC ▲0.68% is back above $110K, trading around $110,300 after dipping as low as $107K yesterday. The bounce comes even as both Bitcoin and Ethereum spot ETFs showed outflows, keeping the overall market cautious. On September 1, crypto ETFs saw strong outflows. (Source: BTCUSDT) Bitcoin ETFs lost 631 BTC ($68.8M), mostly from VanEck (627 BTC), now holding 16,780 BTC ($1.83B). Ethereum ETFs shed 4,319 ETH ($19M), led by Bitwise’s 5,467 ETH ($24.1M) sale, though it still holds 130,701 ETH ($575M). Still, with BTC reclaiming a key level, many traders are now asking if WLFI could be the next crypto to explode. EXPLORE: 20+ Next Crypto to Explode in 2025 WLFI Recovery – Is This the Next Crypto to Explode or Another Failing Trump Crypto Project? WLFI had a crazy 24 hours. After a heavy sell-off, the token has bounced +17% from the bottom. But the dump was brutal: more money was liquidated on WLFI than even on Bitcoin. The drama started when its supposed circulating supply of 5B tokens suddenly turned into 24B: meaning WLFI dropped five times more tokens on launch than promised. That triggered big liquidations. Andrew Tate reportedly got wiped for $190K, while Justin Sun unlocked $178M worth of WLFI as part of his 20% unlock. His total bag? Around $891M. By launching WLFI through their World Liberty project, the family’s net worth reportedly jumped by about $5B overnight. Trump’s three sons are listed as co-founders, while Donald Trump himself is named “honorary co-founder.” The family holds under 25% of WLFI, making the token now likely their single most valuable asset: even surpassing their real estate empire. DISCOVER: WLFI Crypto: Another Trump Token Launch, Justin Sun Cashes In Meanwhile, the Trump token family isn’t looking good: TRUMP: -89.5% MELANIA: -98.6% WLFI: -32.5% USD1 – hopefully it doesn’t depeg. On-chain flows show whales moving into random plays, with top inflows yesterday going into tokens like USELESS, ME, LAUNCHCOIN, JELLYJELLY, and TROLL. Bitcoin reclaiming $110K gives bulls some hope, but the market is still fragile. WLFI’s sharp bounce is catching attention, but with messy tokenomics, whale dominance, and endless drama, it’s risky. Traders are left wondering: is WLFI really the next crypto to explode, or just another short-lived pump? Stay tuned to our real-time updates below. 24 minutes ago Is DOLO Crypto Finished? Dolomite Price Crashes -37% Post-Launch – Here’s Why By Fatima Crypto project Dolomite tumbled as DOLO price plunged nearly -37% in 24 hours, shocking traders who expected sustained momentum after a major exchange listing and early hype-driven demand. DOLO coin gained momentum from airdrop campaigns and high-profile Binance and Coinbase listings. But volatility and whale profit-taking quickly flipped sentiment, leaving Dolomite crypto retail investors scrambling for direction. Read The Full Article Here 1 hour ago Mastercard Views Crypto as a Payment Tool, Not a Revolution By Fatima Mastercard sees crypto primarily as a tool for payments, not a financial revolution, according to Christian Rau, the company’s Head of Crypto for Europe. He emphasized Mastercard’s focus on “safe and compliant payments” while acknowledging that stablecoins could streamline cross-border transactions—but cannot replace existing financial safeguards. While the company currently has no public plans to launch its own blockchain, Rau left the door open for the possibility in the future. The post [LIVE] Crypto News Today, September 2 – Bitcoin Again Above $110K And WLFI Crypto Price Recovers +17% From The Bottom: Next Crypto To Explode? appeared first on 99Bitcoins.

Join OANDA Senior Market Analyst Kelvin Wong and podcast host Jonny Hart as they review the latest market news and moves. MarketPulse provides up-to-the-minute analysis on forex, commodities and indices from around the world. MarketPulse is an award-winning news site that delivers round-the-clock commentary on a wide range of asset classes, as well as in-depth insights into the major economic trends and events that impact the markets. Opinions are the authors'; not necessarily that of OANDA Business Information & Services, Inc. or any of its affiliates, subsidiaries, officers or directors. The provided publication is for informational and educational purposes only. If you would like to reproduce or redistribute any of the content found on MarketPulse, an award winning forex, commodities and global indices analysis and news site service produced by OANDA Business Information & Services, Inc., please refer to the MarketPulse Terms of Use. Visit https://www.marketpulse.com/ to find out more about the beat of the global markets. © 2025 OANDA Business Information & Services Inc.

Among the top performers from the past cycle, Shiba Inu has struggled to hold its own as its price has tumbled by more than 85%. As a result, the meme coin has been pushed out of the top 20 cryptocurrencies by market cap as the price continues to struggle. However, there could be a turn in the tide for the Shiba Inu price after a major price formation at a demand level. This historically bullish move could spell the start of another major rally for the meme coin. Shiba Inu Price Shows Bottom Signal After tumbling below $0.000013, the Shiba Inu price has now reached a critical level that suggests a big move is on the horizon. This was highlighted by crypto analyst MyCryptoParadise, who identified the formation of a classic double bottom pattern. While double bottoms are not exactly rare, what makes this one so important is the level at which it was formed. As the crypto analyst points out, this classic double bottom formation has taken place around the $0.000012 level. This is a historical demand zone for the Shiba Inu price, which refers to a point where there is usually a lot of buy pressure for a digital asset. The formation at the support zone leads to a bullish structure that has more often than not led to a major price rally for a cryptocurrency. This means that this could be the start of a bullish reversal, and all that needs to happen is for the bulls to maintain their momentum at this point. Once the price breaks through the resistance at $0.000013, then it only needs to surmount the weak resistance that has built up at $0.00001345. This will actually lead to the level of importance, which lies between $0.00001428 and $0.00001445. These levels are important due to high liquidity, and the analyst explains that “if taken out with strength, SHIB could trigger a sharp rally that leaves latecomers chasing.” The Bears Still Have A Chance The formation of the classic double bottom pattern at the demand zone is inherently bullish, but it doesn’t completely eliminate the possibility that bears could still regain control. A bearish scenario could be reached if the meme coin completes a daily close below the demand zone at $0.000012. Such a move would invalidate the bullish momentum for the Shiba Inu price, signaling trouble for the meme coin. Further declines inside the current descending channel would put the Shiba Inu price on a path toward $0.000011 again.

เมื่อวันที่ 5 สิงหาคม 2025 ที่ผ่านมา CoinPoker เว็บไซต์โป๊กเกอร์คริปโตชั้นนำของโลก ภูมิใจประกาศเปิดตัว Coin Series of Online Poker (CSOP) ครั้งใหญ่ที่สุดเท่าที่เคยมีมา ด้วยการเปิดตัว CSOP Fall 2025 จะจัดขึ้นระหว่างวันที่ 7 ถึง 29 กันยายน 2025 นำเสนอความมันส์ต่อเนื่องถึง 23 วัน โดยมีการแข่งขันหลัก 125 รายการ และการแข่งขันเสริม 42 รายการ พร้อมกับเงินรางวัลรับประกันสูงถึง 6,000,000 ดอลลาร์ ไม่ว่าจะเป็นผู้เล่นทั่วไปหรือมืออาชีพก็สามารถเข้าร่วมได้ตามระดับค่าสมัคร 3 ระดับด้วยกัน โดยเริ่มเพียง $0.20 เท่านั้น พร้อมกับรูปแบบโป๊กเกอร์ที่หลากหลาย และความสนุกจะค่อย ๆ สะสมตลอดเดือน จนถึง $1M Sunday Grand Finale ในวันที่ 28 กันยายน ซึ่งถือเป็นหนึ่งในวันที่สำคัญที่สุดในประวัติศาสตร์ CoinPoker เทศกาลสำหรับผู้เล่นโป๊กเกอร์ทุกประเภท CSOP Fall 2025 มีค่าสมัคร 3 ระดับด้วยกัน ได้แก่ ต่ำ: $2 – $10 กลาง: $25 – $50 สูง: $100 – $500 โดยแต่ละระดับจะมีพร้อมกับลีดเดอร์บอร์ดและโปรโมชั่นพิเศษของตัวเอง เพื่อสร้างความคุ้มค่าให้กับผู้เล่นทุกคน ใจความสำคัญ แข่งขันกันแบบจัดเต็มถึง 23 วันด้วยกัน มีการแข่งขันท้งหมด 125 รายการหลัก และอีก 42 รายการเสริม เงินรางวัลรับประกัน 6,000,000 ดอลลาร์ มูลค่าเพิ่มพิเศษ 100,000 ดอลลาร์ ดาวเทียมรายวันเริ่มต้นเพียง $0.20 เงินพิเศษ 100,000 ดอลลาร์ นอกจากเงินรางวัลรับประกัน 6,000,000 ดอลลาร์แล้ว CoinPoker ยังมอบมูลค่าเพิ่ม 100,000 ดอลลาร์ ดังต่อไปนี้ $50,000 ในลีดเดอร์บอร์ดแบบระดับ $30,000 ในทัวร์นาเมนต์ Volume Challenge $20,000 ใน Second Chance Flips ไฮไลท์ของ CSOP Fall Creator Squad Kickoff – 7 กันยายน CSOP เปิดตัวด้วย Creator Squad Kickoff Event มีรางวัลพิเศษสำหรับครีเอเตอร์ที่น่าตื่นเต้นที่สุดในวงการโป๊กเกอร์ ทูตของ CoinPoker ได้แก่ Corey Eyring, Frankie C. และ Ryan DePaulo ที่มีผู้ติดตามรวมกว่า 471,000 คนบน YouTube งานนี้สัญญาว่าจะมีผู้เข้าร่วมจำนวนมากในค่าสมัครที่เข้าถึงได้ Weekly High Rollers ผู้เล่นที่ชอบค่าสมัครสูงสามารถแข่งขันในทัวร์นาเมนต์เช่น $5,000 Nemesis และ $2,000 PLO specials ซึ่งมีเงินรางวัลรับประกันสูง Boosted Bitcoin Event ในทุกวันอาทิตย์ กิจกรรมยอดนิยมกลับมาอีกครั้งด้วยเงินรางวัลรับประกัน $125,000 ทุกสัปดาห์ The Grand Finale: $1M Sunday – 28 กันยายน การแข่งขันจะะถึงจุดสูงสุดใน $1M Sunday Grand Finale ซึ่งรวมหลายทัวร์นาเมนต์เด่น ๆ ไว้ในวันเดียว ได้แก่ $10 Main Event – $10,000 GTD $50 Main Event – $50,000 GTD $500 Main Event – $200,000 GTD Boosted Bitcoin Event – $125,000 GTD รวมถึง Sunday Specials ที่ผู้เล่นชื่นชอบ ด้วยเงินรางวัลรับประกันมากกว่า 1,000,000 ดอลลาร์ในวันเดียว นี่จะเป็นหนึ่งในงานโป๊กเกอร์ออนไลน์ที่ใหญ่ที่สุดที่ CoinPoker เคยจัด “CSOP Fall 2025 คือซีรีส์ที่ทะเยอทะยานที่สุดของเรา” “CSOP Fall 2025 คือซีรีส์ที่ทะเยอทะยานที่สุดของเรา” James Williams ผู้จัดการห้องโป๊กเกอร์กล่าว “จากดาวเทียมเริ่มต้นเพียง $0.20 จนถึง high rollers $5,000 เราสร้างเทศกาลที่แท้จริงสำหรับทุกคน การแข่งขัน $1M Sunday finale จะเป็นช่วงเวลาประวัติศาสตร์สำหรับโป๊กเกอร์ออนไลน์บน CoinPoker” วิธีเข้าร่วม ดาวเทียมรายวันเปิดให้เข้าร่วมแล้ว เริ่มต้นเพียง $0.20 โดยมีที่นั่งเพิ่มเติมสำหรับ main events และไฮไลท์พิเศษอย่าง Creator Squad Kickoff ตารางเต็มและดาวเทียมสามารถดูได้ที่ coinpoker.com เกี่ยวกับ CoinPoker CoinPoker เป็นหนึ่งในแพลตฟอร์มโป๊กเกอร์ออนไลน์ชั้นนำของโลก ใช้เทคโนโลยีคริปโตและบล็อกเชนเพื่อการเล่นที่รวดเร็ว ปลอดภัย และโปร่งใส ด้วยแนวคิด ผู้เล่นมาก่อน โปรโมชั่นที่สร้างสรรค์ และการแข่งขันเด่นเช่น CSOP และ Cash Game World Championship CoinPoker ยังคงกำหนดมาตรฐานใหม่ของโป๊กเกอร์ออนไลน์ สำหรับผู้เล่น cash game ปกติ ยังมี $12,000 ในรางวัล ให้ชิงทุกวันใน CoinPoker 4-hour leaderboards หรือที่รู้จักในชื่อ Coin Races ติดตามข่าวสาร X/Twitter: @CoinPoker_OFF Instagram: @coinpoker YouTube: CoinPoker Official ติดต่อสื่อมวลชน สำหรับสอบถามสื่อ กรุณาติดต่อ: James Williams อีเมล: media@coinpoker.com

Solana started a fresh increase from the $195 zone. SOL price is now recovering higher and might aim for a move above the $205 resistance zone. SOL price started a recovery wave after it tested the $195 zone against the US Dollar. The price is now trading below $205 and the 100-hourly simple moving average. There was a break above a connecting bearish trend line with resistance at $201 on the hourly chart of the SOL/USD pair (data source from Kraken). The pair could start a fresh increase if it clears the $205 resistance zone. Solana Price Eyes Steady Recovery Solana price extended losses after there was a close below $205, like Bitcoin and Ethereum. SOL traded below the $200 and $195 support levels to enter a short-term bearish zone. A low was formed at $194 and the price is now attempting a fresh increase. The price surpassed the $198 and $200 resistance levels. There was a move above the 23.6% Fib retracement level of the downward move from the $218 swing high to the $194 low. Besides, there was a break above a connecting bearish trend line with resistance at $201 on the hourly chart of the SOL/USD pair. Solana is now trading below $205 and the 100-hourly simple moving average. On the upside, the price is facing resistance near the $202 level. The next major resistance is near the $205 level or the 50% Fib retracement level of the downward move from the $218 swing high to the $194 low. The main resistance could be $209. A successful close above the $209 resistance zone could set the pace for another steady increase. The next key resistance is $218. Any more gains might send the price toward the $225 level. Another Decline In SOL? If SOL fails to rise above the $205 resistance, it could continue to move down. Initial support on the downside is near the $200 zone. The first major support is near the $195 level. A break below the $195 level might send the price toward the $188 support zone. If there is a close below the $188 support, the price could decline toward the $184 support in the near term. Technical Indicators Hourly MACD – The MACD for SOL/USD is gaining pace in the bullish zone. Hourly Hours RSI (Relative Strength Index) – The RSI for SOL/USD is above the 50 level. Major Support Levels – $200 and $195. Major Resistance Levels – $205 and $209.

XRP price is attempting to recover from the $2.70 zone. The price is now moving higher and might gain pace if it clears the $2.850 resistance. XRP price is attempting to recover above the $2.750 resistance. The price is now trading below $2.850 and the 100-hourly Simple Moving Average. There is a bearish trend line forming with resistance at $2.820 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could continue to decline if it stays below the $2.850 zone. XRP Price Eyes Recovery XRP price started a fresh decline below $2.880, like Bitcoin and Ethereum. The price traded below the $2.850 and $2.820 levels to enter a bearish zone. The bears were able to push the price below $2.80 and the 100-hourly Simple Moving Average. Finally, the price declined below $2.750 and tested $2.70. A low was formed at $2.7018, and the price is now correcting some losses. There was a move above the 23.6% Fib retracement level of the downward move from the $3.040 swing high to the $2.701 low. The price is now trading below $2.820 and the 100-hourly Simple Moving Average. There is also a key bearish trend line forming with resistance at $2.820 on the hourly chart of the XRP/USD pair. If the bulls protect the $2.750 support, the price could attempt another increase. On the upside, the price might face resistance near the $2.820 level. The first major resistance is near the $2.850 level. A clear move above the $2.850 resistance might send the price toward the $2.880 resistance. Any more gains might send the price toward the $2.920 resistance or the 61.8% Fib retracement level of the downward move from the $3.040 swing high to the $2.701 low. The next major hurdle for the bulls might be near $2.960. Another Decline? If XRP fails to clear the $2.850 resistance zone, it could continue to move down. Initial support on the downside is near the $2.750 level. The next major support is near the $2.70 level. If there is a downside break and a close below the $2.70 level, the price might continue to decline toward $2.650. The next major support sits near the $2.60 zone, below which the price could gain bearish momentum. Technical Indicators Hourly MACD – The MACD for XRP/USD is now losing pace in the bearish zone. Hourly RSI (Relative Strength Index) – The RSI for XRP/USD is now above the 50 level. Major Support Levels – $2.750 and $2.70. Major Resistance Levels – $2.750 and $2.920.

Ethereum price started a fresh decline below the $4,550 zone. ETH is now attempting a recovery and might face hurdles near the $4,420 zone. Ethereum is still struggling to recover above the $4,500 zone. The price is trading below $4,500 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming with resistance at $4,430 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a decent increase if there is a close above the $4,450 level in the near term. Ethereum Price Eyes Steady Increase Ethereum price started a recovery wave after it tested the $4,220 zone, like Bitcoin. ETH price was able to climb above the $4,280 and $4,320 resistance levels. The price surpassed the 50% Fib retracement level of the recent decline from the $4,491 swing high to the $4,213 low. A base seems to be forming above the $4,200 level, but the bears might remain active above the $4,400 resistance zone. Ethereum price is now trading below $4,450 and the 100-hourly Simple Moving Average. Besides, there is a key bearish trend line forming with resistance at $4,430 on the hourly chart of ETH/USD. On the upside, the price could face resistance near the $4,385 level or the 61.8% Fib retracement level of the recent decline from the $4,491 swing high to the $4,213 low. The next key resistance is near the $4,400 level and the trend line. The first major resistance is near the $4,430 level. A clear move above the $4,430 resistance might send the price toward the $4,500 resistance. An upside break above the $4,500 resistance might call for more gains in the coming sessions. In the stated case, Ether could rise toward the $4,550 resistance zone or even $4,580 in the near term. Another Decline In ETH? If Ethereum fails to clear the $4,430 resistance, it could continue to move down. Initial support on the downside is near the $4,320 level. The first major support sits near the $4,250 zone. A clear move below the $4,250 support might push the price toward the $4,200 support. Any more losses might send the price toward the $4,160 support level in the near term. The next key support sits at $4,120. Technical Indicators Hourly MACD – The MACD for ETH/USD is gaining momentum in the bullish zone. Hourly RSI – The RSI for ETH/USD is now above the 50 zone. Major Support Level – $4,250 Major Resistance Level – $4,430

This is a follow-up analysis and a timely update of our prior report, “Gold (XAU/USD) Technical: Push up towards medium-term range resistance zone as Fed’s independence erodes”, published on 26 August 2025. The price actions of Gold (XAU/USD) have staged the expected bullish move, rallied by 2.3% and hit the US$3,435 resistance as highlighted in our earlier publication last Friday, 29 August. The price actions of Gold (XAU/USD) have staged the expected bullish move, rallied by 2.3% and hit the US$3,435 resistance as highlighted in our earlier publication last Friday, 29 August. For a quick recap, the US$3,435 is considered a significant range resistance on Gold (XAU/USD) as this level has managed to stall prior rallies since its current all-time high of US$3,500 printed on 22 April 2025 and caused Gold (XAU/USD) to oscillate in a choppy sideways range in the past four months. Gold (XAU/USD) has finally managed to have a proper bullish breakout above the four-month range resistance of US$3,435 in last Friday’s US session, as it recorded a daily close of US$3,447 on 29 August in light of an anticipation of a US Federal Reserve's dovish pivot in September. Gold (XAU/USD) extended its upward momentum at the start of the week, advancing 0.8% to close at US$3,476 on Monday, 1 September. In this latest report, we will highlight several key technical elements that Gold (XAU/USD) has entered into a potential short to medium-term bullish acceleration phase. Let’s discuss them in detail, as well as the next short-term directional bias and key levels to watch on Gold (XAU/USD) Fig. 1: Gold (XAU/USD) minor trend as of 2 Sep 2025 (Source: TradingView) Fig. 2: Gold (XAU/USD) medium-term trend as of 2 Sep 2025 (Source: TradingView) Fig. 3: Gold (XAU/USD) with GVZ (implied volatility of Gold ETF) as of 2 Sep2025 (Source: TradingView) Preferred trend bias (1-3 days) Maintain bullish bias on Gold (XAU/USD) as the yellow metal kickstarts a potential bullish acceleration phase (see Fig. 1). Watch the US$3,451 key short-term pivotal support. A clearance above US$3,500 (the current all-time high) will see the next intermediate resistances coming in at US$3,520/3,524 and US$3,536/3,548 (Fibonacci extension clusters). Key elements The hourly MACD trend indicator of Gold (XAU/USD) has just flashed out an impending bullish crossover signal above its centreline, which suggests that short-term bullish momentum remains intact (see Fig. 1).The recent bullish breakout in the Gold (XAU/USD) above US$3,435 marks an exit from a bullish continuation range configuration, defined as a bullish “Ascending Triangle”. These observations increase the odds of a continuation of its prior impulsive up move sequence (see Fig. 2).The daily MACD trend indicator of Gold (XAU/USD) has continued to trend upwards above its centreline after its earlier bullish crossover on Monday, August 25, 2025, which supports a potential change in medium-term trend conditions from sideways to bullish (see Fig. 2).The Cboe Gold exchange-traded fund implied volatility (GVZ) has entered into a low volatility environment, as depicted by the narrowing of the Bollinger Bands, called the “Band Squeeze” since mid-July 2025. A “Band Squeeze” or a low “Bandwidth” reading is a prelude to a potential expansion in volatility. An increased implied volatility (GVZ) may trigger a significant up move in Gold (XAU/USD) (see Fig. 3).Recent observations between February and March 2025, when a Bollinger “Band Squeeze” in GVZ occurred, preceded a notable rally in Gold (XAU/USD) in April 2025 (see Fig. 3).Alternative trend bias (1 to 3 days) Failure to hold at the US$3,451 key short-term support on Gold (XAU/USD) negates the bullish tone for another round of minor corrective decline to retest US$3,435/3,432 pull-back support of the former medium-term “Ascending Triangle” range resistance. Opinions are the authors'; not necessarily that of OANDA Business Information & Services, Inc. or any of its affiliates, subsidiaries, officers or directors. The provided publication is for informational and educational purposes only. If you would like to reproduce or redistribute any of the content found on MarketPulse, an award winning forex, commodities and global indices analysis and news site service produced by OANDA Business Information & Services, Inc., please refer to the MarketPulse Terms of Use. Visit https://www.marketpulse.com/ to find out more about the beat of the global markets. © 2025 OANDA Business Information & Services Inc.

As the crypto market continues to struggle, Ethereum (ETH) is attempting to hold a crucial zone as support to resume its bullish rally. However, some analysts suggest that the cryptocurrency will see another choppy September before the long-awaited Q4 run. Ethereum Party To Be Delayed? Amid the recent market correction, Ethereum closed August around the $4,390 area, recording its highest monthly close since November 2021. The end-of-month market pullback sent the King of Altcoins’ price to the $4,250 area before bouncing, a 14% drop from its recent all-time high (ATH) of $4,956. The cryptocurrency began the new month attempting to reclaim the $4,500 level as support for the third consecutive day, but failed to hold this crucial area, dropping below its monthly opening. Market watcher Cipher X highlighted that ETH has historically seen mixed performances throughout September, with more red than green price action and an average negative monthly return of 6.1%. According to CoinGlass data, Ethereum has seen double-digit negative returns five times since 2016, losing 21.65% in 2017. Meanwhile, it has only recorded a positive return in the double-digits once, with a 14.53% performance in 2016. Nonetheless, the market watcher noted that if the altcoin’s performance stumbles this month, “history suggests the real rebound could come right after.” Notably, October and November have historically been green months for ETH, with an average return of 4.7% and 7.8%, respectively. “September might be choppy but the months that follow have usually been much friendlier to ETH,” the analyst affirmed. Similarly, Bitfinex suggested that “September could mark the cyclical low point before structural drivers reassert for a Q4 recovery.” In a Monday report, the crypto exchange explained that they expect the broader market pullback to conclude relatively soon, adding that, despite the recent sell-off, institutional accumulation of ETH remains robust, while only 18.3 million ETH currently sit on exchanges. ETH Q4 Take Off Eyes New Highs Michaël van de Poppe underscored ETH’s performance, affirming that Ethereum is “on its way toward a beautiful spot to accumulate before Q4 is ready to take off.” According to the analyst, the cryptocurrency could see a 10%-20% correction this month to the $3,900-$3,400 range, which served as an accumulation zone before the August breakout. Daan Crypto Trades highlighted that ETH has been hovering between $4,300-$4,500 over the past week, consolidating in the mid-zone of its local range. The analyst warned that the lack of momentum at the start of the month could see the cryptocurrency retest the range lows, where the 200-Day Moving Average (MA) and Exponential Moving Average (EMA) are situated in the 4-hour chart. However, he noted that breaking out and consolidating above the local range would lead to higher levels and into its price discovery phase. Meanwhile, market watcher Merlijn The Trader affirmed that Ethereum has entered the expansion phase as the $4,000-$4,100 zone has been retested as support throughout the recent pullbacks. Per the post, the multi-year trendline has been turned from resistance into a launchpad that will propel the cryptocurrency’s price to the $7,000 level once the breakout begins. As of this writing, Ethereum is trading at $4,268, a 4% decline in the daily timeframe.

Most Read: Gold (XAU/USD) Eyes Weekly Close Above $3400/oz on Renewed Haven Demand and DXY Weakness Oil prices have rallied just over 1% to start the week thanks in part to rising geopolitical risks with Russia-Ukraine tensions stoking supply concerns. Russia-Ukraine Developments Ukraine has recently used drones to attack and shut down many of Russia's oil processing plants. These attacks have stopped Russia from processing over a million barrels of oil each day, which is a significant part of their total supply (about 17%). Ukraine's President, Volodymyr Zelenskiy, has said they plan to launch more of these attacks deep inside Russia. This is happening three and a half years into the war. In the last few weeks, both sides have increased their air strikes. While Russia has been attacking Ukraine's power and transport systems, Ukraine is hitting back by targeting Russia's oil industry. These ongoing attacks on energy infrastructure have increased the risk premium and this is likely aiding oil prices at present. A potential peace deal touted by US President Donald Trump appears to be falling apart with European Leaders taking a more combative approach following a historic meeting at the White House in August. Many had expected the meeting to lead to a path for peace, for now though, this seems further away than ever. Chevron Returns to Venezuela The US government, under the Trump administration, has slightly changed its rules for Venezuela's oil industry. It gave the oil company Chevron special permission to increase its work there. This is a careful change, not a wide-open door, but it might allow other foreign oil companies to return to Venezuela in the future. At the same time, the US is using a two-part strategy. While it's allowing more oil to be produced, it is also increasing pressure on Venezuela's President, Nicolás Maduro. As part of this, the US recently sent three navy warships to waters near Venezuela to help fight drug trafficking. The government had also previously charged Maduro with drug-related terrorism and offered a $50 million reward for his arrest. For Chevron, this special permission is a big deal. The company could produce about 250,000 more barrels of oil per day. While that's not enough to change global oil prices, it's a significant boost for Chevron itself, increasing its oil production by more than 10%. Chevron's refineries in the US are now in a great position to process this cheaper Venezuelan oil, which they haven't been able to get for years. The decision may offset some of the fears around Russian Oil supply and could be seen as a move in anticipation of supply constraints if the US follows through on harsher restrictions on Russian Oil purchases. However, this is unlikely to affect demand for Russian Crude. China and India are the biggest buyers of crude oil from Russia. India has already seen additional tariffs imposed as a result of a its Russian Oil purchases but has remained steadfast thus far. This was evident by Narendra Modi attending the SCO (Shanghai Cooperation Organization) meeting in Tianjin over the weekend where he was pictured alongside China Leader Xi Jinping and Russian Leader Vladimir Putin. OPEC 8 Meeting Markets will now turn their attention to API and EIA data this week ahead of the much anticipated meeting by the OPEC 8 scheduled for September 7. OPEC meetings this year have been fruitful with significant output increases. The recent meeting on August 3 saw a 547,000 bpd increase for September, fully reversing the group's previous voluntary output cuts. The group does appear to have pivoted its strategy to counter US President Donald Trump's pledge to lower oil prices. They have shifted from price stabilization to market share as Oil prices struggle to break back above the $70/ barrel mark. The lower Oil prices go the more beneficial this may prove to OPEC members as US producers need Oil to average around the $56/barrel mark to remain profitable. Thus the closer we are to that number the less appealing it is for US producers. For all market-moving economic releases and events, see the MarketPulse Economic Calendar. (click to enlarge) Technical Analysis - WTI From a technical analysis standpoint, Oil is eyeing a clean break of a long-term descending trendline which could open up the possibility of a significant rally to the upside. The trendline is also a confluence level as it lines up with the 200-day MA resting at the 65.00 handle. A break of this level should in theory lead to a rally toward the 70.00 mark before the next target at 76.00 comes into view. However, there are potential warning signs that need to be considered. Firstly the current price is almost identical to the previous swing high from August 25 which led to a selloff back to the 63.00 mark and thus a rejection here could be seen as a potential double top pattern and lead to an influx of sellers. This make this level a key inflection point for Oil prices in the short-term and potentially the medium-term as well and should be monitored closely. WTI Oil Four-Hour (H4) Chart, September 1, 2025 Source: TradingView (click to enlarge) Follow Zain on Twitter/X for Additional Market News and Insights @zvawda Opinions are the authors'; not necessarily that of OANDA Business Information & Services, Inc. or any of its affiliates, subsidiaries, officers or directors. The provided publication is for informational and educational purposes only. If you would like to reproduce or redistribute any of the content found on MarketPulse, an award winning forex, commodities and global indices analysis and news site service produced by OANDA Business Information & Services, Inc., please refer to the MarketPulse Terms of Use. Visit https://www.marketpulse.com/ to find out more about the beat of the global markets. © 2025 OANDA Business Information & Services Inc.

Bitcoin has seen a rebound since retesting the short-term holder Realized Price, a sign that this historical on-chain support may be holding. Bitcoin Short-Term Holder Realized Price Just Acted As Support As explained by CryptoQuant author IT Tech in an X post, Bitcoin found support around the short-term holder Realized Price during the latest dip. The “Realized Price” here refers to an on-chain indicator that measures the cost basis of the average investor on the BTC network. When the price of the cryptocurrency is above this metric, it means the holders as a whole are in a state of net unrealized profit. On the other hand, it being under the indicator implies the overall market is in the red. In the context of the current topic, the Realized Price of only a specific segment of investors is of interest: the short-term holders (STHs). This cohort includes the holders who purchased their coins within the past 155 days. The STHs make up for one of the two main divisions of the Bitcoin market done on the basis of holding time, with the other side being known as the long-term holders (LTHs). Where these groups differ is that the investors of the former tend to be weak hands who make panic moves whenever volatility emerges in the sector, while the latter’s members show high-conviction behavior. To any investor, their cost basis is an important level and since the STHs are particularly fickle, they usually show some kind of reaction when their Realized Price gets retested. This has led to the asset’s price observing various interactions with this metric in the past. One such interaction may have occurred during the past day, as the below chart shared by the analyst suggests. As displayed in the above graph, the Bitcoin STH Realized Price currently sits around $107,500. During BTC’s latest dip, its price slightly went under this mark, but found a rebound to higher levels. Generally, STHs buy to defend their cost basis when the sentiment among them is bullish. In such periods, they believe a price decline to their break-even mark to be a “dip-buying” opportunity Considering the fact that the asset has been able to find support at the STH Realized Price, it would appear that the STHs still think a bullish regime is on. That said, Bitcoin has only seen a small rebound for now, so it only remains to be seen whether the asset will remain above the level or if another retest would occur. In the scenario that a breakdown of the metric occurs, the cryptocurrency may face a shift to a bearish trend in the short-term, as it took place in February of this year. BTC Price At the time of writing, Bitcoin is floating around $109,200, down 2% over the last seven days.

Bitcoin price is still showing bearish signs below $112,000. BTC is now attempting to recover and might face hurdles near the $110,500 level. Bitcoin started a fresh decline below the $112,000 zone. The price is trading below $110,500 and the 100 hourly Simple moving average. There was a break above a short-term contracting triangle with resistance at $108,800 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might start another decline if it stays below the $110,500 zone. Bitcoin Price Starts Consolidation Bitcoin price attempted a fresh recovery wave from the $107,350 zone. BTC was able to climb above the $108,200 and $108,400 resistance levels. The price cleared the 23.6% Fib retracement level of the key drop from the $113,457 swing high to the $107,352 low. Besides, there was a break above a short-term contracting triangle with resistance at $108,800 on the hourly chart of the BTC/USD pair. However, the bears are still active near $109,500. The price is now consolidating near $109,500. Bitcoin is now trading below $110,000 and the 100 hourly Simple moving average. Immediate resistance on the upside is near the $109,500 level. The first key resistance is near the $110,200 level. The next resistance could be $110,500 or the 50% Fib retracement level of the key drop from the $113,457 swing high to the $107,352 low. A close above the $110,500 resistance might send the price further higher. In the stated case, the price could rise and test the $111,650 resistance level. Any more gains might send the price toward the $112,500 level. The main target could be $113,500. Another Decline In BTC? If Bitcoin fails to rise above the $110,500 resistance zone, it could start a fresh decline. Immediate support is near the $108,800 level. The first major support is near the $108,200 level. The next support is now near the $107,350 zone. Any more losses might send the price toward the $106,500 support in the near term. The main support sits at $105,500, below which BTC might decline sharply. Technical indicators: Hourly MACD – The MACD is now losing pace in the bearish zone. Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now above the 50 level. Major Support Levels – $108,800, followed by $108,000. Major Resistance Levels – $109,500 and $110,500.

The recent downturn in Bitcoin prices has raised eyebrows among market analysts, with one prominent figure warning that the leading cryptocurrency could face a significant decline toward the $90,000 mark in the coming months. As Bitcoin opened the month officially dropping below critical support levels, the market’s reaction remains tepid, suggesting that many investors have yet to fully grasp the severity of the situation. BTC’s Last Line Of Defense In a recent post on X (formerly Twitter), market analyst Doctor Profit highlighted key price levels associated with various holder groups: $115,600 for 1 million holders, $113,600 for 3 million holders, and approximately $107,000 for 6 million holders. As Bitcoin traded below all these thresholds earlier on Monday, Doctor Profit pointed out that every recent buyer is currently facing unrealized losses. However, he cautioned against interpreting this lack of panic as a sign of stability. According to him, “these investors haven’t tasted enough fear yet,” suggesting that market makers may continue to drive prices lower until a genuine capitulation occurs. The analyst emphasized that the $107,000 to $108,900 zone represents the last robust line of defense for Bitcoin. Should this level fail to hold, he predicts a swift movement toward the $90,000 to $95,000 range. Currently, the market’s leading cryptocurrency has recovered above $109,000. It is trading above the last line of support, preventing the analyst’s scenario of an additional 17% price drop for Bitcoin toward its Chicago Mercantile Exchange (CME) gap placed just above $90,000. Tough September Ahead For Bitcoin Doctor Profit also argued in his analysis that the current market sentiment is characterized by minimal fear and an unrealized loss of only 0.5%, especially when compared to the more significant corrections of 30% or more seen in historical bear markets. He believes that the lack of panic among the cryptocurrency’s holders indicates that many are still too comfortable, which could set the stage for a more severe market correction. Further complicating matters, Doctor Profit noted the recent behavior of corporate insiders in the stock market, where over 200 alleged insider trades occurred, with not a single buy recorded. If insiders are choosing to offload their stocks during a period of apparent strength, the analyst asserts that this activity could foreshadow similar selling pressure in the Bitcoin and broader cryptocurrency market. As market makers seek to capitalize on this development, Doctor Profit warns that these entities will likely apply pressure until a substantial portion of short-term traders are forced to sell at a loss. Doctor Profit concludes by suggesting that the real pain for Bitcoin holders is still to come, predicting that September will be particularly unkind as the market shifts from denial to a more painful reality. Featured image from DALL-E, chart from TradingView.com