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Pro-XRP lawyer Bill Morgan has called out Jorge Tenreiro, who was the lead counsel in the Ripple case. This follows the conclusion of the long-running legal battle between the crypto firm and the U.S. SEC. XRP Lawyer Calls Out Counsel In Ripple Case In an X post, Bill Morgan revealed that the lead counsel for the SEC in the Ripple case is now a partner at a major law firm. The pro-XRP lawyer further stated that Tenreiro’s profile refers to some of his courtroom successes in crypto enforcement. However, he noted it oddly overlooks and does not mention his two-thirds loss in the Ripple case and the appeal he filed, which the SEC agreed to dismiss. In line with this, Morgan declared that even Tenreiro knows that Ripple succeeded in what matters. He said that he will always remember the lead counsel for running an “unsustainable legal theory” that XRP was a security, which Judge Torres ruled against by stating that the altcoin in itself is not a security. Meanwhile, the pro-XRP lawyer alluded to the lead counsel’s attempt to smear John Deaton’s character before the court in the Ripple case. Deaton was actively involved in the case as an amicus curiae, supporting the crypto firm in its case against the Commission. Notably, Tenreiro spearheaded other crypto cases during his time at the SEC. He brought the enforcement actions against Binance, Terraform Labs, and Sam Bankman-Fried in the FTX case. Just like the Ripple case, the Binance case has also been dropped, while Tenreiro and his team received a favorable ruling in the Terraform case. Notably, he was reassigned to the IT department when the Trump administration came into office. This was before Tenreiro’s exit from the SEC. XRP Lawsuit Finally Concludes The Ripple SEC lawsuit has finally concluded after almost five years, since the Commission first instituted the case. This development follows the U.S. Appeals Court’s approval of the Joint Stipulation of Dismissal from the crypto firm and the Commission. With this, the SEC and Ripple have now dropped their appeal and cross-appeal cases, respectively. The next move will be for Ripple to fulfill its $125 million monetary judgment that Judge Torres ordered against it in her final ruling due to its securities violations. The crypto firm will have to pay the complete sum, as Judge Torres decided not to adopt the settlement agreement that both parties had reached earlier in the year. Under the settlement agreement, Ripple would have only had to pay $50 million out of the $125 million. At the time of writing, the XRP price is trading at around $2.94, down almost 3% in the last 24 hours, according to data from CoinMarketCap.

ETH ▼-2.56%, SOL ▼-3.49%, and Hyperliquid have shown steady gains this week amid a market dip with crypto fear and greed index hitting neutral. Ethereum climbed 3% over seven days to $4,400 from $4,300, hitting an all-time high of $4,946 before dropping to today’s level. The Ethereum ATH is likely driven by spot ETF inflows that reached $3.75 billion. (Source – X, Bitcoin Fear and Greed Index) Solana, on the other hand, rose 3.4% to $187, with trading volume hitting $14 billion, which saw it go as high as $198. Hyperliquid’s HYPE edged up 3.9% to $44.83, and its DEX is generating $90 million in fees just from last month alone. However, with the crypto fear and greed index at neutral, will crypto recover soon? EthereumPriceMarket CapETH$544.85B24h7d30d1yAll time DISCOVER: Top Solana Meme Coins to Buy in 2025 Neutral Fear and Greed Index Historically Leads To A Crypto Pump The Crypto Fear and Greed Index sits at 48, a neutral sentiment after dipping from 56 last week. This balanced reading, based on volatility, momentum, and social signals, often precedes recoveries as it clears excess leverage. Historical data shows neutral phases (45-55) led to 12% average gains in the following month for majors like ETH and SOL, with 70% of cases turning bullish. Whales are rotating into ETH, SOL, and Hyperliquid, signaling conviction for an uptick. Data is pointing to bullish momentum now. Ethereum’s RSI at 61 and weekly 71 indicate building strength without overbought risks. Solana’s futures premium jumped to 16%, reflecting smart money bets on its $200 breakout. SolanaPriceMarket CapSOL$103.26B24h7d30d1yAll time Hyperliquid’s buybacks, using 97% of revenue, reduced supply by 0.65% in 90 days, outpacing top protocols. With $7 billion in spot volume on Hyperliquid—90% BTC and ETH—liquidity flows support a bounce. Neutral sentiment on the fear and greed index aligns with on-chain resets as more than $900 million in liquidations clear weak positions. Ethereum’s dominance hit a yearly high at 13.8%, while Solana’s daily active wallets exceeded 500,000. Hyperliquid’s 75% perpetual DEX share and EVM launch add ecosystem depth. Expect ETH to test $5,000, SOL $230, and HYPE $50, as neutral fear and greed index readings are historically bullish. DISCOVER: Best Meme Coin ICOs to Invest in 2025 Join The 99Bitcoins News Discord Here For The Latest Market Updates 58 minutes ago Trump Partnering With Crypto.com By Akiyama Felix Trump Media and Technology Group just dropped an announcement of a partnership with Crypto.com. Following the news, CRO crypto moved by more than 30% in the aftermath. The CRO crypto deal integrates Cronos as the utility token for rewards on Truth Social and Truth+, letting users swap engagement “gems” for CRO via the Crypto.com app wallet. Although unexpected, this partnership was built on both parties’ earlier crypto ETF collaborations, which put CRO as the currency for subscriptions in a digital-first setup. CRO jumped 30% to $0.20 just soon after the announcement, with trading volume spiking sixfold to almost $500 million. Also, just after the announcement, Trump Media snapped up $105 million worth of CRO, while Crypto.com counters with a $50 million stake in DJT stock. The commitment is further stamped by the Trump Media plans to stake its CRO for extra yields through Crypto.com’s custody. (CRO/USD source – TradingView) Read the full storyhere. 2 hours ago Lubin’s Sharplink Bought More Ethereum Crypto By Akiyama Felix SharpLink has just bought 56,533 ETH at the average price of $4,462. As for today, the company is holding 797,704 ETH valued at a whopping $3.7B Key Highlights on the latest Ethereum purchase: $360.9 million in net proceeds were raised through the ATM facility this past week. Total staking rewards rose to 1,799 ETH since launch of treasury strategy on June 2, 2025. Approximately $200M of cash on hand yet to be deployed into ETH acquisitions. ETH Concentration on a cash-converted basis exceeds 4.00, up over 100% since June 2, 2025. The post Ethereum, Solana, and Hyperliquid Lead This Week: Crypto Altcoins to Bounce After Fear and Greed Index Hit Neutral appeared first on 99Bitcoins.

On Bloomberg’s “ETF IQ” on Monday, REX Financial chief executive Greg King made his most forceful public case yet for Solana’s role in real-world finance—especially for stablecoins—and explained why his firm built a 1940 Act, staking-enabled ETF around SOL rather than waiting for a traditional ’33 Act spot product. Solana Vs. Ethereum King did not hedge when asked to put the Solana-versus-Ethereum debate into plain language for mainstream investors: “Eth is the second biggest crypto. Solana is basically top five. A lot of people think Solana is the up and comer that will overthrow the area. It is a very controversial debate. I’ve probably made friends and enemies even suggesting that now.” That framing goes to the heart of today’s market divide. Ethereum remains the default base layer for on-chain finance and developer tooling; Solana’s pitch is raw throughput and low-latency UX for payments, consumer apps, and—crucially in King’s view—stablecoin settlement at scale. It’s also the practical rationale for REX’s product design: if the chain’s economics are driven by volume and staking, package both into a regulated fund wrapper that passes yield through to shareholders. “Solana is basically faster and more designed for high processing speed. Frankly, when I saw the big debate come out about stablecoins being all built on Eth, I was like, this is a huge oversight. I think Solana is the story of the future as far stablecoins go.” The vehicle implementing that thesis is SSK—the firm’s Solana-forward ETF that stakes SOL and pays a monthly distribution. King characterized staking for non-crypto natives as an income stream tied to network security rather than energy-intensive mining. “It boils down to, for investors, basically an interest rate on your crypto,” he said, noting that on Solana it “varies… somewhere between the 6% to 8% annualized range.” In SSK’s design, those rewards are not trapped inside the fund: “SSK is the first fund to deliver that staking reward through to investors in the US,” he said, adding that the current run-rate distribution is “roughly 5% a year right now,” with the standard caveat that payouts fluctuate. Solana ETF Spotlight A second pillar of King’s argument is structural. He drew a bright line between ’33 Act spot ETPs—long familiar to crypto investors via grantor-trust structures—and the ’40 Act investment-company wrapper REX chose. The latter, he said, is “the better wrapper… more investor safeguards, more flexible.” In practice, that means an actively managed portfolio that can hold SOL directly and via listed instruments while delegating to institutional validators and optimizing for staking capture and liquidity. It also means higher all-in costs than a plain-vanilla equity ETF and concentrated exposure to a single crypto-asset’s volatility—trade-offs the firm acknowledges even as it leans into the yield-plus-beta pitch. The interview also touched on the coming product wave across US exchanges. Bloomberg’s Eric Balchunas flagged the queue of ’33 Act spot applications for tokens with established futures markets, while co-host Katie Greifeld pressed on timing for a “pure spot Solana ETF.” King was cautious on exact dates but not on direction: “I do think we see a bit of an explosion,” he said—then immediately drew boundaries around quality control. “Crypto gets pretty sketchy below the top 10, certainly below the top 20. I think there is some significant picking and choosing that has to happen by issuers there.” Even among majors, he expects “a lot of funds per coin,” with Solana a “great candidate” given its combination of scale, perceived “underdog” status in the race with Ethereum, and comparatively larger staking reward. At press time, SOL traded at $188.

How Much Is a Silver Quarter Worth? 2025 Guide to Melt, Rarity, and Real-World Prices Wondering how much a silver quarter is worth—and how to price the one in your hand without guesswork? Start with two value buckets: the melt value (pure math) and the collector premium (driven by date, mint mark, and condition). When you know which bucket matters most for your coin, decisions get simple. This guide shows you how to identify silver quarters fast, compute melt in seconds, and recognize when collector demand pushes the price higher. What Exactly Makes a Quarter “Silver”? A “silver quarter” refers to U.S. quarters struck with real silver content, not today’s copper-nickel clad pieces. Washington quarters dated 1932–1964 were minted in 90% silver for circulation. Standing Liberty quarters (1916–1930) and Barber quarters (1892–1916) are also 90% silver. Modern silver proof quarters were made for collectors, not circulation. Earlier proofs were 90% silver; more recent issues moved to .999 fine silver in many sets. Standard circulation quarters from 1965 onward are clad and contain no silver. How Much Is a Silver Quarter Worth Today? (Melt Math You Can Do in Seconds) Melt is the floor price. A 90% silver quarter contains about 0.1808 troy ounces of pure silver. To estimate melt, multiply 0.1808 by the current spot price of silver. That is your baseline, before any collector premium is considered. If silver is 25 dollars per ounce: 0.1808 × 25 ≈ 4.52 dollars melt value. If silver is 30 dollars per ounce: 0.1808 × 30 ≈ 5.42 dollars melt value. If silver is 35 dollars per ounce: 0.1808 × 35 ≈ 6.33 dollars melt value. In the real world, dealers need a margin to stay in business. Expect buy offers a bit below melt and retail prices a bit above melt for common, circulated coins. Collector Premiums: When Value Rises Above Melt Collector premiums sit on top of melt and depend on three levers: scarcity, condition, and demand. A common 1957 Washington in average circulated grade typically sells near melt. A 1932-D or 1932-S Washington in attractive condition lives in a different price neighborhood altogether. The spread between ordinary and exceptional is wide—knowing the difference is where the money is. Quick Benchmarks by Era Washington Quarters (1932–1964) Composition is 90% silver. Most circulated dates trade close to melt. Key dates include 1932-D and 1932-S, which command noticeable premiums, especially in better grades. Uncirculated coins with strong luster and clean surfaces can move far above metal value. Standing Liberty Quarters (1916–1930) Also 90% silver. Look for full head detail on Liberty—those coins are strongly sought after. Lower-grade common dates can be accessible, but crisp, well-struck pieces are not. Barber Quarters (1892–1916) Again 90% silver. Many dates are tougher in any grade, and nicer coins can bring serious money. Collector demand is strong for original, problem-free examples. Modern Silver Proof Quarters Minted for collectors in proof sets, not released to circulation. They carry value for both silver content and proof finish. Intact sets tend to sell better than broken singles. Identify a Silver Quarter in 10 Seconds Date check: 1964 or earlier (for circulation issues) means silver. Edge check: solid silver-colored edge points to silver; a visible copper stripe indicates clad. Weight check: silver quarters weigh about 6.25 grams; clad quarters are around 5.67 grams. Sound check: silver rings with a higher, cleaner tone; clad is duller. Mint mark clues: many proof-only modern quarters carry an “S” mint mark and may be silver if from a silver proof set. Real-World Pricing, Without Fluff Start with melt. Then ask: does the coin’s date, mint mark, and condition justify a premium? A circulated 1944 Washington often hovers near the metal number. A mint-state 1950 with strong luster can fetch more. A key date like a 1932-D in nice shape can be a big step up. Premiums vary by market conditions, but the framework—melt floor, then add collector premium—stays constant. Two Quick Anecdotes A retired machinist once pulled a 1964 Washington quarter from a dusty garage jar, assuming it was face-value change. The local coin shop paid multiple times face value on the spot. He left smiling and a little shocked by the math. A neighbor found a tube of Standing Liberty quarters while cleaning out a desk. Most coins sold near melt, but one sharply struck example drew a healthy premium, covering a weekend getaway. One better coin can change the outcome. Collector Sweet Spots Washington keys: 1932-D and 1932-S headline the set. Premiums climb rapidly with grade; for high-value coins, counterfeits and added mint marks are a risk—buy from trusted sources. Standing Liberty standouts: early Type 1 issues with bold head detail and any date with a full, even strike are favorites. Barber rarities: several dates are desirable in almost any grade; crisp, original surfaces amplify value. Proof issues: genuine proofs with deep mirrors and no hairlines appeal to collectors beyond silver stackers. Condition and Grading, No Nonsense Sort coins into simple buckets: well-worn, average circulated, and uncirculated. Obvious wear keeps value near melt unless the coin is scarce. Uncirculated pieces with intact mint luster attract stronger premiums. Avoid cleaned or polished coins—harsh cleaning kills collector appeal. For standout coins, consult a reputable dealer or consider third-party grading when fees make sense relative to the coin’s potential value. Common Myths and Gotchas “All old quarters are valuable.” Age alone does not set price. Scarcity and condition drive value. “Post-1964 quarters have some silver.” Regular circulation pieces do not. Silver moderns are proof or special collector issues only. “Cleaning makes coins worth more.” It does not; it usually makes them worth less. Leave original surfaces alone. “Colorful toning equals big money.” Natural, attractive toning can help; artificial or uneven color can hurt. “Every 1965 quarter is clad.” True for circulation, but rare transitional-planchet errors exist; treat any alleged silver 1965 quarter with expert caution. Buying and Selling: How to Avoid Drama Where to Sell Separate silver from clad first. Group common, circulated silver together and set aside better dates or high-grade coins. Get multiple offers. Local coin shops are a fine first stop; coin shows enable quick comparison shopping. Online marketplaces broaden the audience but add time and fees. If you have modern silver proof quarters in original mint packaging, consider selling them intact—complete sets often bring more. Where to Buy Define your goal before spending. For silver exposure, buy common 1932–1964 Washington quarters near melt and keep premiums tight. For collecting, learn your target series, then value quality over quantity. Ask about return policies, and inspect for cleaning, rim nicks, and questionable color. Buy the coin, not the story—and buy from people who will be there tomorrow. Three Practical Uses for Silver Quarters Small, flexible silver exposure: quarters are easy to value, easy to sell, and simple to store. Hands-on education: showing kids or grandkids a real silver coin turns history into something they can hold. Hobby satisfaction: filling an album with sharp dates builds knowledge and a keen eye. Memorize This Pricing Formula Step 1: Confirm it is silver—1964 or earlier for circulation, or a designated silver proof. Step 2: Melt math—0.1808 troy ounces × current silver spot price. Step 3: Adjust for condition and scarcity—circulated common dates sit near melt; uncirculated or key dates move higher. Step 4: Reality-check with two or three dealer offers; ask why if one quote is far off. Got a Box of Mixed Quarters? Use This Sorting Flow Work by date first: pull everything 1964 or earlier. Check edges for copper stripes to eject clad strays. Weigh a few coins to verify. Next, scan for better dates and mint marks and set those aside. Price the common group by melt. For the potential winners, slow down and get a knowledgeable opinion—ten extra minutes can prevent costly mistakes. When to Seek a Professional Opinion You do not need grading for every coin; you do for the outliers that look exceptional. If you discover a key date in unusually nice condition or a proof with clean, mirror-like fields, ask a trusted dealer about certification. The fee should be a small fraction of the coin’s likely value. If the numbers do not pencil out, skip it. One-Minute Recap Pre-1965 quarters and earlier designs are 90% silver—that is the foundation. Melt value is silver content times spot price—your floor. Collector premiums depend on date, mint mark, and condition—keys and uncirculated coins can soar. Do not clean coins; preserve original surfaces. Keep proof sets intact when possible. Get multiple offers and use your melt math to stay in control. Conclusion: Your Silver Quarter Worth, Without Guesswork The worth of a silver quarter starts with melt and grows with its story. Confirm the silver, compute the floor, then judge scarcity and condition to see whether a premium applies. Common dates in average wear typically live near melt; key dates and crisp uncirculated coins can break away from the pack. Keep your wits, trust the math, and you will price silver quarters confidently and get fair value—without the drama. The post Silver Quarter Value Guide first appeared on American Bullion.

The US Dollar has been in a weird trading zone since the contradicting NFP report from the beginning of the month (forcing a dovish hand) and the strong PPI report that has shown the appearance of tariff effects (forcing a hawkish hand). Since, the odds for a September cut have held tight, despite regressing slightly (was up to 97% before the PPI report but re-corrected back to around 87% currently). The confusion stands from a FED Chair having changed his tone at his Jackson Hole speech last Friday, which tends to be considered a pre-emptive sign of a cut approaching sooner than later. However, Market reactions may have been exaggerated for the little advances he mentioned towards a larger Sep cut or even a prolonged/fast-pace cut cycle. Hence, the US Dollar caved on the Friday session before rebounding yesterday. The past two weeks of Forex trading have pretty much dawdled around with no direction found – The September Cut is almost a sure thing by now, particularly after US President Trump fired another Federal Reserve governor Lisa Cook, who was appointed by President Biden in 2022. But these questions remains: How much can the FED really cut to avoid inflation coming back?Inflation expectations are high and the warning from PPI wasn't one to neglect. Is it already too late to prevent a Job market harsh slowdown?The previous Non-Farm Payrolls report was a scary one, with job creation already slowing down (despite demand also slowing down). The next one is coming up on September 5th. Read More: Markets Today: Trump's FED Battle Intensifies, French Stocks Slide on Political Risk, DAX Finds Support at 50-Day MADollar Index multi-timeframe AnalysisUS Dollar Daily Chart Dollar Index (DXY) Daily Chart, August 26, 2025 – Source: TradingView The Greenback has been held in a 1000 pip consolidation since the past 10 sessions. One would have thought that it was the end for the USD after Friday's reactions to Powell, but as explained in the introduction, it seems that Markets have backed up on their Friday ecstatic reactions – This can be seen in Cryptos and Equities not continuing their up-moves and even retracting. Consolidating around the 98.00 Pivot, a key milestone for the current trading, Markets will await further data to try to find direction. Look at how flat the RSI has been since the 13th of August. US Dollar 4H Chart Dollar Index (DXY) 4H Chart, August 26, 2025 – Source: TradingView The US Dollar is still holding its low-slope ascending channel despite having reasons to break out from it. As seen on the chart, the DXY is held between 98.80 range highs and 97.60 range lows, with the 50-period MA just holding in the middle of the range (98.17) The narrative would imply downward movement to the USD but the move may have happened throughout the first part of 2025! In case you forgot, the DXY was at 110.00 just in January. So that leaves the overall direction subject to change, where data slowing down the extent of cuts pricing in would make the US Dollar rebound. Levels of interest for the Dollar Index: Support Levels: 50-period MA acting as immediate support (98.17)Lower bound of the upward channel and low of 98.00 pivot zone (97.60)2025 Lows Major support 96.50 to 97.00Resistance Levels: US Dollar range Highs 98.82Mid-line of the ascending channel and psychological level 99.50100.00 Main resistance zone You may expect further consolidation in FX and other markets in the waiting of more data (Core PCE is approaching on Friday). Safe Trades! 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.

Kodal Minerals (LON: KOD) confirmed on Tuesday that a security guard was killed in an attack on its Bougouni lithium mine in Mali on August 22. The company said assailants on motorcycles targeted the site but were repelled after military forces stationed at the mine engaged them. The attackers fled, but one guard employed by Kodal’s security contractor died at the scene. No other staff or contractors were harmed. Kodal said it is working closely with the Malian government to reinforce protection for employees and contractors. Military security around the site has since been increased. Operations at Bougouni remain unaffected. The mine, which began production in February, has an agreement to sell its entire output to China’s Hainan Mining.Mining and processing activities at the Bougouni mine have not been impacted by the incident. Located 170 kilometres south of Bamako, Bougouni is targeting production of 11,000 tonnes of spodumene concentrate per month. It is set to become Mali’s second operating lithium project, following Ganfeng Lithium’s Goulamina mine, which opened in late 2024.

Most Read: Markets Today: Trump's FED Battle Intensifies, French Stocks Slide on Political Risk, DAX Finds Support at 50-Day MA Oil prices dropped by over 1% after they had risen by almost 2% on Monday to start the week on the front foot. Traders are watching the war in Ukraine and the possibility of interruptions to Russia's oil supply. Brent crude oil fell by $1.08, or 1.57%, to $67.72 per barrel. It had reached its highest price since early August just a day earlier. West Texas Intermediate (WTI) crude oil also dropped, losing $1.13, or about 1.74%, to $63.67. The rally yesterday was largely driven by Russian supply fears as Ukraine struck Russian energy infrastructure. Add to this the rhetoric by President Donald Trump in which he adopted a rather pessimistic tone regarding a Russia/Ukraine peace deal and the perfect conditions were created for a short-term rally. US President Donald Trump has again threatened to impose sanctions on Russia if a peace deal isn't made in the next two weeks. However, sources have told Reuters that U.S. and Russian officials have been discussing energy deals on the side during recent peace talks about Ukraine. This is in stark contrast to the US rhetoric against India over its continued purchases of Russian Oil. India remains the third largest buyer of Russian crude oil with a potential 50% tariff being levied by the US as a result. Oil market Facing a Host of Challenges Market participants are hesitant to make long-term commitments in the oil market. This is because there is so much uncertainty due to the conflict in Ukraine and the trade disputes. There are still concerns around how tariffs and trade deals will impact Oil demand in Q3 and Q4 of 2025 and this could leave Oil prices in limbo with a lot of choppy price action for the foreseeable future. US API Data Up Next The American Petroleum Institute (API) will release its latest inventory data later today. This comes after the API reported that U.S. crude stocks fell by 2.4 million barrels two weeks ago, more than the expected 1.2 million-barrel drop, showing stronger demand. Official data from the U.S. Energy Information Administration (EIA) will be released tomorrow as well. 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 has retested the triangle pattern which it broke out of on August 6. WTI is also back below the 100-day MA with a four-hour candle close below the MA taking place. The four-hour candle closed with no wick to the downside, a sign of the momentum? Oil has recorded a change in structure following the recent bullish rally and as long as price holds above the swing low at 62.50, bulls will remain hopeful of further upside potential. Immediate resistance rests at the 65.00 handle before the 65.50 and 67.00 handles come back into focus. A move lower from her will need to record a four-hour candle close below the 62.50 handle which could open up a retest of the August 20 lows around the 61.80 and potentially even lower. WTI Oil Daily Chart, August 26, 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.

A significant plunge in the crypto market has sent shockwaves across the industry over the last 24 hours, leaving a trail of liquidations in its wake. Around 200,000 traders were forced out of their positions as Bitcoin plunged to a seven-week low, wiping out more than $900 million in liquidations over a single day. According to CoinGlass, most of those losses came from long bets that could not weather the slide. Liquidations Hit Retail Traders Reports have disclosed that a single large sale helped set off the cascade. Selling pressure intensified as a large holder offloaded 24,000 BTC, triggering a wave of liquidations, said Rachael Lucas, a crypto analyst at BTC Markets. On Coinbase, Bitcoin briefly fell below $109,000 — its weakest level since July 9. Market participants felt the shock fast; traders who were long were the ones most exposed. Macro Signals And Market Reaction A recent hint from Federal Reserve Chair Jerome Powell at Jackson Hole about potential interest rate cuts changed how some investors priced risk. Since August 14, when Bitcoin reached an all-time high just over $124,000, the asset has corrected by over 10%. Based on data, the drop since Powell’s speech is about 7%. The single-day move was measured at close to 3% decline for Bitcoin, and total crypto market value slipped back below $4 trillion to about $3.83 trillion as almost $200 billion flowed out of the space. Ether Is Holding Up Ether traded near $4,340 and, for now, looks steadier than Bitcoin. It did fall, but it did not breach last week’s low. Institutional interest in Ether remains a talking point. According to Lucas, institutions continue to focus on Ethereum, even as traders reassess risk across smaller coins. Altcoins Took Bigger Hits Many smaller tokens fell harder than the majors. Solana, Dogecoin, Cardano, Chainlink, and Sui were among the worst hit. That pushed losses beyond the headline Bitcoin numbers and left traders in altcoin-heavy positions nursing larger drawdowns. Thin weekend liquidity served to enhance the price gyrations, making the action more extreme than it would have been on a more active trading day. September’s Track Record And Outlook There is also a historical component to the tale. September has a history of strong pullbacks in bull markets, with strong corrections in 2017 and 2021. Featured image from Meta, chart from TradingView

Bitpanda raised collective eyebrows in the European fintech corridors by opting out of a UK public listing. But why did Bitpanda snub the UK as a potential listing venue, you may ask? Turns out that the Vienna-based fintech platform, backed by billionaire Peter Thiel, cited poor liquidity of the London Stock Exchange (LSE) as its main reason for opting out of its original plan. According to a report published by the Financial Times on 26 August 2025, Bitpanda’s CEO, Eric Demuth, said that the company will instead focus on either Frankfurt or New York as its venue of choice when it goes ahead with a public offering. While no timeline has been formalised, London is definitely off the list. Demuth explained that while Bitpanda has recently entered the UK market, it still derives its main source of revenue from continental Europe. Earlier in June, Carrie Osman, founder and CEO of the growth consultancy firm Cruxy, echoed the decline of the LSE. Per Osman, there are several reasons why companies are delisting from the LSE. Some are structural, but the lack of liquidity is the main issue. Her remarks came after the acquisition of a UK-based semiconductor company, Alphawave Semi, by Qualcomm, causing another high-profile departure from the LSE. According to her, the UK’s weaker investing culture, compared to the US, where people often invest through 401(k) plans, is holding back the LSE. On GlobalData’s Instant Insights podcast, she said, “I was looking at some facts, and I thought it’s very interesting that, for example, in the UK, about 23% of adults have stocks and shares. When we compare that to the US, it’s 62%.” EXPLORE: The 12+ Hottest Crypto Presales to Buy Right Now Bitpanda UK Departure Reflects Broader Industry Trend Bitpanda sidestepping the UK is indicative of a broader industry trend where companies are moving to greener pastures in search of greater liquidity, regulatory clarity and investor depth. The US and continental Europe have emerged as public listing hotspots due to their receptive regulatory environments and institutional interest. The New York Stock Exchange (NYSE) and the Nasdaq have become magnets for crypto native companies because of their friendlier policies and an institutional capital inflow under the Trump administration. Earlier this year, Circle, the issuer of USDC stablecoin, raised $1.05 billion on the NYSE at an $8 billion valuation. Gemini and BitGo have followed suit to list in the US. Meanwhile, Bullish, another Thiel-backed exchange, publicly debuted on the NYSE this month. The contrast with the LSE is stark. While the UK aims to lead in fintech, its IPO market continues to suffer from thin trading volumes and low investor appetite, raising questions about its viability for high-growth tech firms. EXPLORE: 20+ Next Crypto to Explode in 2025 Key Takeaways UK’s IPO market has plunged to its lowest point in three decades, with just £160 million to £182.8 million ($216m–$247.8 M) raised in the first half of 2025 Bitpanda cancelled its UK listing plan due to the LSE’s poor liquidity Bitpanda will choose either Frankfurt or New York for its public offering The post Did Bitpanda Just Snub UK Listing Over Liquidity Issues? appeared first on 99Bitcoins.

South Korea is now actively in the global race to regulate stablecoins. America’s recent push with the GENIUS Act and the CLARITY Act is clearly the catalyst in South Korea’s move to establish a formal regulatory framework. Executives from the world’s two largest stablecoin issuers, Tether and Circle, landed in Seoul to hold meetings with the country’s financial leaders and regulators. Local media reports published on 24 August 2025 confirmed that South Korea’s Central Bank – Bank of Korea (BoK) Governor Lee Chang-yong met Circle President Heath. “Koreans must have access to stablecoins denominated in their own currency when buying and selling digital assets or making international remittances,” said Tarbert. The sudden high-level engagement has spurred speculation: Can South Korea become the new hub for regulated stablecoin innovation? DISCOVER: 9+ Best High-Risk, High-Reward Crypto to Buy in 2025 South Korea’s Political Heavyweights Square Off Over Stablecoin Bills Last month, South Korea’s two largest political parties took center stage, unveiling rival stablecoin bills in the country. The prohibition of interest payments on stablecoins has become the most contentious issue in the stablecoin bills. Lawmakers from both the ruling Democratic Party (DP) and the opposition People Power Party (PPP) introduced legislation that could pave the way for won-backed stablecoins. According to local news report published on 28 July 2025, “the ruling party believes that interest payments should be banned to prevent market disruption, while the opposition party believes that it is necessary to increase the competitiveness of won stablecoins.” Each proposal reflects diverging philosophies on innovation, protection and monetary sovereignty. DISCOVER: 20+ Next Crypto to Explode in 2025 Key Takeaways Circle CEO Heath Tarbert reportedly emphasized the potential role of a Korean won-backed stablecoin (KRW stablecoin) in transforming the financial landscape. In conversations with both regulators and bankers, Tarbert’s message was clear: Circle wants to collaborate, not compete. The post Tether And Circle Court South Korean Banks As Nation Prepares Stablecoin Regulatory Framework appeared first on 99Bitcoins.

The question reverberating across —whether a decisive break below $105,000 would end the Bitcoin bull cycle—drew a crisp rebuttal from popular market analyst CrediBULL Crypto (@CredibleCrypto). In a pair of late-night posts to his 476,000 followers, he argued that while $105,000 is a key threshold for the “most aggressive” upside path, a loss of that level would not, by itself, terminate the higher-time-frame uptrend. “No, if $105,000 is lost it’s not ‘over’ it just means the most aggressive/bullish scenario is out of play and a deeper correction is a lot more likely,” he wrote. “HTF structure isn’t broken until/unless $74,000 is lost—all explained in my last Youtube vid so before you ask ‘why so low for HTF invalidation’ go watch the vid :).” In a second post he reiterated the pivot that has framed his outlook for weeks: “$107-$110,000 has always been the MOST pivotal point on the BTC chart… This is the most likely zone for a full on reversal—it doesn’t mean it is guaranteed of course but this is the last place it makes sense to start flipping bearish.” How Low Could Bitcoin Price Go? The posts point back to a YouTube video published two weeks ago, where the analyst maps three paths for Bitcoin’s next leg. Two envision an upside reversal in or just below the current $107,000–$110,000 area, while a third allows for a deeper corrective sweep without violating the secular uptrend. He is explicit that trend invalidation for the cycle sits much lower—he cites the “mid-$70,000s” as the line in the sand, and, in one passage, places formal invalidation at $74,000–$75,000—because that’s where the prior high-time-frame impulse originated and where the market would, in Elliott-wave terms, erase the larger five-wave structure. That framing is why losing $105,000 would mark a deterioration in momentum rather than a terminal break in structure. Inside his framework, “Scenario 1”—the idea that price is still working through a compact fourth-wave pause inside an already active impulse—has, by his own admission, grown unlikely. The corrective chop has lasted too long and retraced too deep relative to its second-wave analogue; by classical proportionality, that makes it the wrong degree for a fourth wave. The technical red line for that scenario was $110,000; once reclaimed and then overrun to the downside during the correction, the count’s symmetry broke down. “Scenario 2,” his preferred bullish configuration, casts the rally off roughly $105,000 as the first completed five-wave impulse of a new advance. In this reading, the market is currently tracing a wave-two pullback with invalidation squarely at $105k. The implication is arithmetic as much as it is structural: if wave one spanned approximately $20,000 top to bottom, a standard third wave would be larger, pushing toward at least the mid-$130,000s before a fourth-wave pause and a terminal fifth carry the move into the $150,000-plus region. This is why he characterizes $107,000–110,000 as “the best R:R for longs,” the last high-probability staging area for a reversal before invalidation. “Scenario 3” keeps the broader May-to-present correction intact. Here the pop above range highs was corrective rather than impulsive—what technicians call a three-leg rise with overlap—and the market still owes a deeper sweep into demand. He differentiates two shapes: a running flat that defends the June/July lows and finds support in a purple band between ~$103,000 and ~$98,000, and an expanded flat that undercuts those lows and tests the daily demand block that “started at basically 98k,” which price “front-ran… at 98.2k” before bouncing. In both cases the higher-time-frame thesis is unchanged, because the structural invalidation remains far below at $74k–$75k. At press time, BTC traded around $110,019 after hitting an intraday low at $108,666.

Coloured precious stones miner Gemfields (LON: GEM) (JSE: GML) has unveiled a colossal emerald weighing 11,685 carats, discovered at its 75%-owned Kagem mine in Zambia. Named Imboo, meaning buffalo in the local Bemba and Lamba dialects, the gemstone is the largest of several extraordinary emeralds unearthed at Kagem, already famed for record-breaking finds. The emerald will be sold at Gemfields’ auction running until Sept. 11. “Even under the beam of a strong light that is necessary to illuminate a gemstone of this remarkable size, Imboo reveals an intense, verdant green touched with golden warmth and a clarity that captivates the eye,” Gemfields’ managing director of product and sales, Adrian Banks, said. Banks added the stone could yield multiple fine-quality emeralds large enough to form a complete high-jewellery suite, or serve as an investment destined for the history books. Bigger, greener, rarer At 2,337 grams, Imboo surpasses the mine’s earlier discoveries: the 6,225-carat Insofu (“elephant”) in 2010, the 5,655-carat Inkalamu (“lion”) in 2018, and the 7,525-carat Chipembele (“rhino”) in 2021. Discovered on Aug. 3 at the Chama pit, the emerald was first freed from rock by geologist Dharanidhar Seth and chiseller Justin Banda, whose precise extraction was crucial to preserving the crystal. The complex geological setting, known as the Tri-Junction Model, where three rock and structural domains converge, creates ideal conditions for emerald formation. Similar geology produced the “Kafubu Cluster,” a 37,555-gram emerald grouping found in 2022. “In my thirty years at Kagem, I’ve rarely seen such a remarkable formation of large, high-quality crystals,” grading manager Jackson Mtonga said. “The immense size and nature of the crystal formation makes it fitting that this unique piece is given the name ‘buffalo’, or Imboo in our local languages. This is a true masterpiece carved by nature’s hand.” Traceable Gemfields’ partner Provenance Proof will offer the new owner nanoparticle tagging technology, providing permanent traceability of the emerald even after cutting and polishing. This ensures its origin at Kagem remains verifiable. Zambia, the second-largest emerald producer globally after Colombia, holds a 25% stake in the Kagem mine through its government. Outside Zambia, Gemfields owns a 75% stake in the Montepuez ruby mine in Mozambique.

The Australian dollar is showing limited movement on Tuesday. In the European session, AUD/USD is trading at 0.6482, down 0.01% on the day. Australian CPI expected to jump to 2.3% The markets are bracing for an acceleration in Australian CPI on Wednesday. The market estimate stands at 2.3% y/y, compared to 1.9% on June which was the lowest level in over three years. The 1.9% gain was below the Reserve Bank of Australia's 2-3% target range and enabled the RBA to lower rates earlier this month. If inflation does rise as expected, it would complicate the central bank's plans to continue lowering rates in order to boost economic growth. The RBA minutes from the August meeting noted that inflation remains a concern with risks to inflation in "both directions". The minutes indicated that members were in agreement that further rate cuts were needed this year but were unclear as to the extent of the easing. Members said that a faster pace of cuts would be appropriate if the labor market softened more quickly than expected or if there were negative developments in the global economy. The minutes said that upcoming rate decisions would be data-dependent. Investors will be keeping a close eye on employment and inflation data, which are the most critical factors for the central bank in determining its rate path. The Federal Reserve is widely expected to lower rates at the September meeting, after holding rates since December 2024. Federal Chair Powell's speech at Jackson Hole essentially confirmed a September cut and the US dollar responded with sharp losses against the major currencies. The key question is whether the Fed will cut again in December - that decision will be heavily influenced by the employment and inflation reports. AUDUSD 1-Day, August 26, 2025 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.

After a turbulent four years since the explosive rally of 2021, the Ethereum price looks ready to set new all-time highs. Mainly, the targets to trigger the next altcoin season have been set above the $5,000 level, where it seems most of the bullish pressure has been waiting. So far, Ethereum has yet to break this major target, but a machine learning algorithm has predicted that this level will be surmounted within a very short timeframe. Ethereum Price To Finally Beat $9,000 The machine learning algorithm of the CoinCodex has placed Ethereum above the $5,000 mark very soon. The 5-day prediction, which will carry through to the end of this week, shows that a 10% move is coming before the week is over. This would put the Ethereum price above the $5,200 level and mark a brand-new all-time high since 2021. This prediction comes as the market has continued to skew bullish, especially with Ethereum breaking above $4,800 recently. Ethereum’s bullishness is expected to carry on into the month of September, where the machine learning algorithm also puts it above $5,200 for the month. While the short-term prediction for the Ethereum price is positive, the main move is expected to happen in the last quarter of the year. The months of October, November, and December are expected to see the Ethereum price at higher all-time highs than the previous month, expecting to close out the year 2025 in the green. For the month of October, the machine learning algorithm expects the price to cross $8,100, resulting in an over 69% increase in price from here. Then, for the next month, November 2025, is when the price is expected to cross the $9,000 level. This means that the timeframe for the Ethereum price to reach $9,000 could be as little as three months. As for December, the price is expected to retrace from $9,000, but still maintain a high level. The max price is placed at $7,278, and the min price at $6,876. This means it would still be a more than 50% increase from the current price. Q4 Is Where The Magic Happens Historically, the last quarter of the year has always been bullish for the Ethereum price, so it is no surprise that the machine learning algorithm expects the second-largest cryptocurrency by market cap to hit a new all-time high in Q4. According to data from CryptoRank, four out of the last five years have seen the last quarter of the year close with double-digit gains for Ethereum. The last time that the price had hit a new all-time high was also in the month of November, coinciding with the expectation that ETH will hit a $9,000 ATH in November this year. If the trend holds, then Ethereum might be in for an incredibly bullish Q4, putting in average gains of over 20% before the quarter is concluded.

Overview: The dollar's impressive recovery from the pre-weekend sell-off spurred by comments from Federal Reserve Chair Powell at Jackson Hole was challenged earlier today on news that President Trump was carrying out his threat to fire Federal Reserve Governor Cook. Cook will reportedly challenge the president's authority. The dispute revolves around whether there is "cause", which is usually understood as job-performance related. Now, as the North American session is about to start, the greenback is narrowly mixed against the G10 currencies, with the euro, yen, and sterling leading the way. The Scandis are underperforming. Emerging market currencies are mixed, with the South Korean won (no tariff relief despite yesterday's meeting in Washington) and the Taiwanese dollar are laggards. The PBOC set the dollar's fix slightly higher today after yesterday's new low for the year. The US equities retraced some of the pre-weekend's surge, and this has is taking a toll today. Nearly all the large markets in the Asia Pacific region but Taiwan and Shenzhen fell. Europe's Stoxx 600 is off nearly 0.45%, which if sustained would be the largest loss since August 1. US index futures are slightly softer. European bond yields jumped yesterday but have come back 1-3 bp softer. French bonds are lagging behind the other eurozone bonds today amid worries that the government will not survive the confidence vote called for early next month. The 10-year Gilt yield is up nearly four basis points as its plays catch-up after yesterday's bank holiday. The US 2–10-year yield curve is steepening and near 58 bp it is the steepest in four months. Treasury will sell $69 bln of two-year notes today and $85 bln in six-week bills. Gold is posting an outside day. A close above yesterday's high (~$3376) would be seen as constructive. October WTI's four-day rally is being challenged. It reached a little above $65 yesterday and is trading near session lows, around $63.70 in the European turnover. Yesterday's low was closer to $63.50. USD: After the sharp sell-off that took the Dollar Index to a new low for the month before the weekend, it rebounded more than we expected yesterday. DXY surpassed the (61.8%) of last Friday's decline found near 98.35. Interest rates only recouped 2-3 bp. News that President Trump fired Fed Governor Cook immediately knocked the Dollar Index back to about 98.10. Cook is expected to sue to retain her position, and as this became clear, the Dollar Index recovered to marginally take out yesterday's high near 98.55. Today's data include surveys, house price indices, and July durable goods orders but they do not have the heft to materially impact expectations for the Federal Reserve. Fed officials have downplayed survey data. Richmond Fed President Barkin speaks today and tomorrow on the economy. He does not vote this year but seems like a centrist. Weighed down by a decline in Boeing orders, durable goods orders are expected to have fallen for the second consecutive month and the third decline in four months. Excluding aircraft and defense orders, a small gain is likely after a 0.8% decline in June. Overall, these core orders fell in Q2 for the first time since Q2 24, which capped a four-quarter decline. S&P Corelogic Case-Shiller house price increases have slowed for four consecutive months through May, while its measure of prices from 20 large cities has fallen since March and is expected to have fallen again in June. Lastly, Trump is threatening to impose new tariffs and export restrictions unless other nations drop their digital service taxes, which the US has argued unfairly discriminate against US companies. EURO: The euro fell to nearly $1.1600 yesterday, a deeper pullback than we expected from the pre-weekend high near $1.1745, where the trendline off the July highs was found. It reached $1.1660 on Trump’s attempt to fire Cook but then returned to the lows. It slipped 1/00 of a cent closer to $1.1600 today but buying emerged in early European turnover and recovered to near the middle of the day's range. The low before Federal Reserve Chair Powell spoke was about $1.1585). Still, we expect the upcoming US employment data (September 5 and benchmark revisions on September 9) to reinforce the conviction that the Federal Reserve will resume its easing cycle. The US two-year premium over Germany is holding near four-month lows around 175 bp. CNY: After setting the dollar's fix sharply lower yesterday, recording a new low for the year (CNY7.1161), the PBOC lifted the fix today to CNY7.1188. The conventional opinion was that China was going to devalue the yuan in the face of US tariffs. We demurred and expected officials not to be tempted to change their policy of a broadly stable yuan against the dollar. As the fix has steadily fallen, some observers began claiming that Chinese banks were buying dollars on behalf of the central bank. The yuan was not rising fast enough for their druthers. And still the fixing fell. In July, when the dollar rebounded, the yuan outperformed. The greenback has retreated this month, and the yuan has risen further. And when everything is said and done, the yuan has risen by about 2% against the dollar this year. Given the interest rate and inflation differentials it likely to be understood as broadly stable in Beijing. The dollar slipped through yesterday's low against the offshore yuan marginally to near CNH7.1470 (low for the year set last month was near CNH7.1440), and rebounded to around CNH7.1655, where it was capped in European turnover. JPY: The key to the yen is US interest rates. US rates tumbled ahead of the weekend, encouraged by Fed Chair Powell's comments. US rates rose a couple of basis points yesterday, and this was consistent with the dollar's bounce yesterday, which approached JPY148.00. It held today. A break of it could spur a move back to the high seen before Powell spoke (~JPY148.80). The dollar found support near JPY147 in local trading today and remained above JPY147.50 in the European morning. Bank of Japan Governor Ueda did not address monetary policy directly in his speech at Jackson Hole, but his assessment that the tight labor would likely to continue to exert upward pressure om wages, where growth is spreading from large companies to small and medium sized firms, would seem to support speculation of another hike as soon as October. However, the odds of a move in October have barely changed this month with 13-14 bp of tightening discounted by the swaps market for that meeting. July producer service prices increase slowed to 2.9% in July from 3.2% in June, which was a little softer than expected. They have not risen since March. But the more important inflation data this week is Tokyo's August CPI, which is expected to have moderate for the third consecutive month for both the headline and core rates. GBP: Sterling rallied from almost $1.3390 to nearly $1.3545 before the weekend. Yesterday's pullback saw sterling return to a little below $1.3450, meeting the (61.8%) retracement of last Friday's rally. The losses were extended to $1.3435 today in Europe today but it has recovered to almost $1.3480. The session high, registered on the initial Cook news, was clear $1.3490. The 20-day moving average is near $1.3425, and sterling has not settled below it since August 7. It is a light week for market-moving UK data. The pendulum of market sentiment appears to have swung as far as it might against another rate cut this year. The odds in the swap market are near 40%, down from a 100% chance that was discounted on the eve of the BOE's meeting earlier this month. CAD: Yesterday, the greenback recouped almost half of what it lost before the weekend to the Canadian dollar. It made a marginal new high today but has held below the lower end of a band of resistance seen in the CAD1.3870-85, where a break could target the high for the month set before Powell spoke before the weekend (~CAD1.3925). Canada's economic calendar is light until the June and Q2 GDP estimates at the end of the week. At least until then, the Canadian dollar is at the mercy of the greenback. When the US dollar rises as it did yesterday, the Canadian dollar is often among the best performers in the G10. That is what happened July, when the greenback bounced, and the Canadian dollar's 1.8% decline was the least among the major currencies. In the first half of the year, as the US dollar was sold aggressively, the Canadian dollar's 5.7% gain was the least among the G10 currencies. AUD: Among the G10 currencies, only the Australian and New Zealand dollars managed to extend their pre-weekend gains yesterday. The new highs were marginal. As was the case with the Canadian dollar, the Antipodeans did not give up as much of their gains as the other major currencies. The Australian dollar met the (38.2%) retracement target near $0.6470 and it held today. Minutes from the Reserve Bank of Australia's meeting from earlier this month that resulted in a rate cut provided little fresh information. The central bank is on a gradual easing course, but its forward guidance was limited by its own uncertainty. The futures market has a little less than a 30% chance of a cut for next month, which may be high. The cut is fully discounted for the next meeting in early November, which seems like a more likely timeframe, we think. The New Zealand dollar rose a few hundredths of a cent above the pre-weekend high. It poked slightly above $0.5880 before being sold in the North American session to almost $0.5840, which is the halfway mark of last Friday's rally. It tested the next retracement objective (61.8%) is near $5830 today, which is also about where the 200-day moving average is found. New Zealand Prime Minister Luxon opined that he thought the central bank should have been more aggressive last week and cut 50 bp instead of 25 bp. It was a 4-2 vote, and the two dissents favored 50 bp. The cash rate target is now 3% and the central bank anticipated it to be at 2.50% at the end of the year. The swaps market suspects it may take the RBNZ into early next year to reach 2.50%. There are two meetings left this year, and the market has about 38 bp of easing discounted. MXN: Despite the much smaller than expected Q2 current account surplus ($206 mln vs. median forecast in Bloomberg's survey for $5.4 bln), the peso managed to marginally extend the pre-weekend gains. The US dollar slipped to almost MXN18.5525, compared with last Friday's low near MXN18.5715. As the dollar strengthened yesterday into the European close, the greenback began its advance to new session highs near MXN18.69 in late dealings and it made a new high today near MXN18.7035. However, the session low, below MXN18.65, was set in European turnover. Initial support may be near MXN18.60. Mexico reports the July trade figures on Wednesday and unemployment on Thursday before the central bank's inflation report on Friday. The dollar extended its pre-weekend losses against the Brazilian real too, but it held above the low for the year set on September 13 near BRL5.38. The greenback settled around 0.25% lower against the real yesterday. Inflation figures for the first half of August will be reported today, and prices may have fallen, which would pull the year-over-year rate below 5% for the first time since February. Disclaimer

Commander Bobo, the time has come to execute order $66k. “It will be done, Lord Bogdanoff…” Okay, all jokes aside, is BlackRock Bitcoin Holdings planning a secret coup? The launch of Bitcoin exchange-traded funds (ETFs) has transformed the market, giving institutional investors an on-ramp into the once retail-led ecosystem. BlackRock’s iShares Bitcoin Trust (IBIT) is at the center of this shift, which now manages more than 781,000 BTC—about $88 billion in assets. That’s nearly 6.5% of ETH ▼-4.19% circulating supply locked into a single vehicle, surpassing the reserves of many major exchanges. Net inflows into IBIT have consistently outpaced rival products, cementing BlackRock as the most influential Bitcoin ETF player. Are we all just players in BlackRock’s game now? (TheBlock) Is This Wall Street’s Bitcoin Now? How BlackRock Bitcoin Holding’s Stake in MicroStrategy Changes the Game There has been a multi-cycle boom of Bitcoin Maxis on social media, telling people to buy Bitcoin ETFs instead of buying BTC the normal way on an exchange. But why? 99Bitcoins analysts believe part of the reason they do that is that they know if people are buying ETF Bitcoin instead of BITCOIN directly on exchanges, they won’t ever be tempted to trade it for shitcoins. ETFs’ path means people don’t even see the shitcoins. BlackRock, Strategy, or Greyscale buy on their behalf now. DISCOVER: Top 20 Crypto to Buy in 2025 Moreover, BlackRock didn’t stop at ETFs. Earlier this year, the firm disclosed a 5% stake in MicroStrategy (MSTR), the largest publicly traded Bitcoin holder with more than 200,000 BTC on its balance sheet. That concentration of BTC makes some uneasy when one institution holds that much sway, price discovery starts to look more like a Wall Street chessboard than a peer-to-peer marketplace. Bitcoin’s original pitch was decentralization, an escape from financial gatekeepers. However, the rapid consolidation of custody under regulated ETFs has critics warning that the asset could morph into another instrument managed by the same firms it was built to bypass. (TheBlock) Market-wide skepticism now applies to Bitcoin’s decentralization: how decentralized is it if one institution holds such a massive stake? DISCOVER: 9+ Best High-Risk, High-Reward Crypto to Buy in July 2025 Are Bitcoin’s Decentralized Ideals at Risk? Data Shows ETFs Reshaping Market Liquidity According to Conglass data, ETF activity is already one of the strongest price drivers in 2025. Sustained inflows tend to support Bitcoin’s upward momentum, reducing volatility. Sharp outflows, like those seen in August, can exacerbate sell-offs. The critical question, however, is whether Bitcoin is still the decentralized asset “of the people,” or is it quietly being captured by Wall Street giants? Between IBIT’s record-setting inflows and a direct stake in MicroStrategy, BlackRock now sits at the center of Bitcoin’s institutional machinery. They’re the puppet masters. They have more power than a nation. The implications aren’t subtle. More capital and credibility flow into the ecosystem, but at the cost of concentrating power in a single gatekeeper. Bitcoin was designed to resist that kind of centralization, and we’ll now see whether its core ethos can hold against institutional scale. EXPLORE: Tether CEO Paolo Ardoino Hopes For Net Positive From US Elections, Says Bitcoin Strategic Reserve Is A Great Idea: 99Bitcoins Exclusive Join The 99Bitcoins News Discord Here For The Latest Market Updates Key Takeaways Commander Bobo, the time has come, execute order $66k. All jokes aside, is BlackRock Bitcoin Holdings planning a secret coup? Market-wide skepticism now applies to Bitcoin’s decentralization: how decentralized is it if one institution holds such a massive stake? The post The World’s Largest Custodian: Is BlackRock Bitcoin Holdings Planning a Coup? appeared first on 99Bitcoins.

Asia Market Wrap - Trump and FED Battle Heats Up The Asian session saw a shaky start as US President Donald Trump posted on his Truth Social account that Federal Reserve Governor Lisa Cook will be removed effective immediately. The immediate reaction saw a gauge of the US dollar retreat as much as 0.3% and gold rose as much as 0.6% to around $3385/oz. The US dollar recovered some losses, and gold gave up some gains after Cook announced she wouldn’t resign. Asian stocks dropped 0.7%, and futures for US and European stock markets also declined. Short-term Treasury yields fell, signaling increased expectations of a Fed rate cut next month. Meanwhile, 30-year yields rose as investors worried that easier monetary policy could lead to higher inflation. President Trump made his announcement after the US Department of Justice said it would investigate Cook. This came from a criminal referral by Federal Housing Finance Agency Director Bill Pulte, accusing her of possible mortgage fraud. This investigation is part of a broader effort by the Trump administration to increase legal pressure on Democratic figures and the central bank. Cook stated that Trump doesn’t have the power to fire her and that she won’t resign. Her lawyer, Abbe Lowell, said they will do whatever is necessary to stop Trump’s “illegal action.” The Asian session also brought the RBA minutes of the August 11-12 meeting. The minutes showed that the central bank of Australia's board expects to lower interest rates further over the coming year to meet its policy objectives, with the pace of decline likely to hinge on economic data. European Open - French Stocks Tumble on Political Jitters French stocks dropped sharply, especially bank stocks, and the country’s bonds also fell on Tuesday as the government faces a growing risk of being removed next month. Three major opposition parties said they won’t support a confidence vote scheduled for September 8, which Prime Minister Francois Bayrou called to push through major budget cuts. France’s CAC40 stock index fell over 2%, after dropping 1.6% late Monday. Big banks like BNP Paribas and Societe Generale saw their shares drop more than 6%. The yield on France’s 10-year government bond rose by 4 basis points to 3.53% early in the day, the highest since March, before settling at 3.50%. (When bond yields rise, their prices fall.) The gap between French and German 10-year bond yields, which shows the extra risk investors see in holding French debt, widened to 79 basis points, the largest since April. Analysts expected political tensions in France to rise in the fall as the government works to gain support for improving the country’s finances. However, Monday’s events were unexpected. If Prime Minister Bayrou loses the confidence vote in the National Assembly, his government will collapse. President Emmanuel Macron could then appoint a new prime minister, ask Bayrou to lead a temporary government, or call for an early election. Looking at major European indexes, the DAX was down as much as 1% in early trade but has since pared some losses trading around 0.54% at the time of writing. The industrials and financial sectors weighed on the index with losses of 1.28% and 1.58% respectively. The FTSE 100 which enjoyed a good run last week with fresh all-time highs is also struggling this morning. The index is down around 0.8% at the time of writing with consumer cyclicals and financial the biggest losers on the day with Standard Chartered PLC down as much as 2.89%. On the FX front, The euro and British pound stayed mostly unchanged against the dollar, trading at $1.1617 and $1.3461, respectively. Other currencies, like the Japanese yen and Swiss franc, also saw little movement. The dollar index, which tracks the dollar against six major currencies, remained steady at 98.42 after recovering from an earlier 0.4% drop. Meanwhile, China’s offshore yuan traded at 7.1635 per dollar, near its strongest level in a month, as the stock market continued to rise. Currency Power Balance Source: OANDA Labs Oil prices dropped on Tuesday after rising nearly 2% the day before, as traders kept an eye on the war in Ukraine and possible disruptions to Russian fuel supplies. Brent crude fell by 51 cents (0.7%) to $68.29 a barrel, after reaching its highest level since early August in the previous session. West Texas Intermediate (WTI) crude dropped 57 cents (0.9%) to $64.23. Gold prices experienced whipsaw price action in the Asian session but has since steadied around the $3370/oz handle. For more on Gold, read Gold (XAU/USD) Technical: Push up towards medium-term range resistance zone as Fed’s independence erodes Economic Data Releases and Final Thoughts Looking at the economic calendar, a quiet day ahead in terms of data. A few cCentral Bank speakers from the ECB, FED and BOE. In the US session we will get the latest consumer confidence numbers before attention will likely turn to the ongoing battle between the FED and President Trump. Geopolitical risks and the discussions between the US/Ukraine/Russia could also impact sentiment if there are any developments. 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 been struggling to make a fresh high following the July 10 print at around the 24655 handle. Since then we have seen two attempts to run toward this all-time high met with significant selling pressure resulting in a lower high being formed on July 24 and the most recent on August 15, when price reached 24547. There is a bulls flag pattern in play on the daily chart which thus far has held firm but does bode well for a bullish breakout. However, a deeper correction cannot be ruled out, and a lot of this will rest on sentiment in the days ahead. For now though the index has found support with the 20 and 50-day MAs resting at 24163 and 24059 respectively, with the key psychological 24000 level just below. This makes the 24000-24160 level a critical area of support, which if it holds could signal further upside. Keep an eye on the period-14 RSI which for now is flirting with the neutral 50 level. A break below could be seen as a sign that momentum is shifting from bulls to bears while bounce at this level could embolden bulls and lead to a rally higher once more. DAX Index Daily Chart, August 26. 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.

Bitcoin slid to $108,600 earlier today before rebounding near $109,800, as heavy on-chain flows and political headlines dragged the U.S. dollar lower and lifted gold. Traders are split: some warn the cycle top is near, while others see classic whale manipulation at play. Large holders often sell at a loss to accumulate more, later driving prices higher. They frequently use news events as catalysts to create liquidity and fuel the next pump. For investors searching for the best altcoins to buy during this dip, understanding whale behavior is key to spotting opportunities. BitcoinPriceMarket CapBTC$2.19T24h7d30d1yAll time On-chain sleuths pointed to concentrated “whale” moves as an immediate trigger. Reports say a long-dormant seven-year holder rotated nearly $2 billion of Bitcoin into Ether over the past week; one rapid tranche appears to have produced a 2.2% drop in BTC in roughly a ten-minute window. Other large moves, including a sale of ~670 BTC (reported at roughly $76M) to open a long ETH position, added to pressure and short-term liquidity imbalances. Earlier in the weekend Bitcoin had already dipped toward $112,174 in related flows, then extended lower during today’s bout. Fear & Greed readings have responded: the Crypto Fear & Greed Index hovered around 43 (“neutral to fear”), reflecting rising caution. Also Bitcoin dominance is falling, now at 58.55%. Meanwhile, industry news paints a mixed picture. Regulators are increasing scrutiny on tokenized stock products, citing investor protection concerns, while major crypto investment firms (including Galaxy Digital, Multicoin Capital, and Jump Crypto) are reportedly preparing a $1 billion fund to accumulate Solana. This highlights the continued flow of strategic capital into select altcoins despite regulatory pressure. With Bitcoin under pressure, the question arises: what are the best altcoins to buy in a dip? Traders often point to ETH, backed by ongoing DeFi and NFT demand; SOL, buoyed by recent large-scale buys; ADA and BNB, both supported by strong ecosystems (with BNB recently hitting a new ATH); and LINK, favored for its oracle technology. Still, investors should be mindful that volatility remains high and macroeconomic developments could quickly shift market sentiment. 1 hour ago The World’s Largest Custodian: Is BlackRock Bitcoin Holdings Planning a Coup? By Fatima Commander Bobo, the time has come to execute order $66k. “It will be done, Lord Bogdanoff…” Okay, all jokes aside, is BlackRock Bitcoin Holdings planning a secret coup? The launch of Bitcoin exchange-traded funds (ETFs) has transformed the market, giving institutional investors an on-ramp into the once retail-led ecosystem. BlackRock’s iShares Bitcoin Trust (IBIT) is at the center of this shift, which now manages more than 781,000 BTC—about $88 billion in assets. That’s nearly 6.5% of eth logoETH ▼-4.19% circulating supply locked into a single vehicle, surpassing the reserves of many major exchanges. Net inflows into IBIT have consistently outpaced rival products, cementing BlackRock as the most influential Bitcoin ETF player. Are we all just players in BlackRock’s game now? Read The Full Article Here 3 hours ago $400M Corporate Treasury and $1.25B Deals Rock SOL News: Should You Buy the Solana Crypto Price Dip? By Fatima Solana crypto is a robust, high-performance blockchain known for its low fees and high scalability. These attributes make the network the official home of meme coins, an industry now worth over $70 billion. Although SOL crypto ranks below XRP in market cap, it remains one of the top-performing assets over the past year. From the daily chart, the local resistance is around $210. For the uptrend to continue, there must be a strong push above last week’s highs, ideally with above-average trading volume. Buyers should reverse the losses of August 25, build on gains from the end of last week, and absorb all selling pressure for a chance of trend continuation. If they succeed and SOL USD breaks $210, the resulting double-top breakout could form the base for further gains toward $300 in a buy-trend continuation formation. Read The Full Article Here 3 hours ago Ethereum Spot ETFs Lead With $444 Million Inflows as Bitcoin ETFs Add $219 Million By Fatima On August 25, institutional interest in crypto surged as both Bitcoin and Ethereum spot ETFs reported strong inflows. Ethereum spot ETFs led the way with $444 million in net inflows, extending their streak to three consecutive days of positive demand. Bitcoin spot ETFs also performed strongly, recording $219 million in inflows, with none of the twelve funds reporting any outflows. This trend highlights growing investor confidence in the sector despite recent market volatility. Sustained inflows into both BTC and ETH products suggest continued institutional accumulation, a potentially bullish signal for the broader crypto market in the weeks ahead. The post [LIVE] Latest Crypto News, August 26 – Trump Moves to Remove Fed Governor Lisa Cook, Bitcoin Price Dumps Below $110K as Bitcoin Dominance Falls: Best Altcoins to Buy in This Dip? appeared first on 99Bitcoins.

Why is crypto crashing today, again? We all believed that after Fed Chair Jerome Powell greenlit rate cuts at last week’s Jackson Hole meeting, we’d be over this. Apparently not. The crypto market saw nearly $20 billion in value erased in less than 72 hours, with Bitcoin alone shedding about $10 billion. Analysts say the drop highlights how this cycle remains firmly BTC-led, even as top August altcoins continue to attract speculative flows. Bitcoin dominance (BTC.D) has fallen to 57%, its weakest level in months, as traders increasingly rotate into high-beta altcoins. Yet, despite BTC’s relative pullback, altcoin market caps also bled lower. (SOURCE – Glassnode) Data from TOTAL2 (the market cap excluding BTC) shows declines in tandem, suggesting there is little appetite for true rotational flows. Instead, the entire market has entered a holding pattern; the question is when will altcoins finally hit? Why is Crypto Crashing Today, Again? Altcoin Open Interest Surges to Record $61.7B Even as spot flows remain muted, Altcoin Futures Open Interest (OI) surged +$9.2 billion on August 22, reaching a new all-time high of $61.7 billion. According to Glassnode data, alt OI has added nearly $40 billion since March, far outpacing Bitcoin’s OI growth of $30 billion over the same period. The mechanics resemble an overheated derivatives market where Bitcoin’s pullbacks spark amplified losses across altcoins. (BlockchainCenter) Ethereum’s price fell almost 7%, bottoming at $4,313 before stabilizing. At the same time, the Altcoin Season Index dropped from 61 to 56 in one day, reviving memories of earlier correction signals. DISCOVER: Top 20 Crypto to Buy in 2025 Ethereum, Altcoin Season Index, and Historical Warning Signs. Should You be Worried? According to DeFi Llama, the total DeFi market TVL sits near $95 billion, down from its 2025 peak. Leverage is piling on top of falling prices. Funding rates across Binance, OKX, and Bybit have stayed positive, which indicates aggressive long positioning despite weak price action. CoinGlass shows how lopsided the structure has become: Altcoin OI up 18% this week. Spot flows are flat. Over three days, $1.1 billion was flushed in liquidations, led by ETH, SOL, and AVAX. The picture is one of fragility, not strength. (X) DISCOVER: 9+ Best High-Risk, High-Reward Crypto to Buy in July 2025 BitMine Buys the Dip, Betting on ETH Recovery. What Will Come Next for Crypto Markets? One major player is already calling the bottom. Tom Lee of Fundstrat predicted ETH would “bottom in the next few hours,” citing strong risk/reward levels near $4,300. Backing the call, BitMine Immersion Technologies added 4,871 ETH ($21.3 million), bringing its holdings to 1.72 million ETH worth about $7.5 billion. That cements BitMine’s position as the second-largest ETH treasury after Michael Saylor’s Strategy. With leverage stretched, Bitcoin dominance slipping, and altcoin OI at records, traders face a pivotal moment. Either rotational flows could kick in to fuel an altseason, or the market risks another leverage flush that drags the entire sector lower. Until then, volatility looks set to remain the norm. EXPLORE: Tether CEO Paolo Ardoino Hopes For Net Positive From US Elections, Says Bitcoin Strategic Reserve Is A Great Idea: 99Bitcoins Exclusive Join The 99Bitcoins News Discord Here For The Latest Market Updates Key Takeaways Why is crypto crashing today, again? All of us believed that after Fed Chair Jerome Powell greenlit rate cuts we were in the clear. Tom Lee of Fundstrat predicted ETH would “bottom in the next few hours,” citing strong risk/reward levels near $4,300. The post Altseason Odds: Why is Crypto Crashing Today and When New ATHs? appeared first on 99Bitcoins.

Chainlink (LINK) is retesting a crucial support zone amid the market pullback, leading some analysts to suggest that another significant drop may be coming if the current levels don’t hold. Chainlink Loses $25 Support On Monday, Chainlink followed the rest of the market, dropping 10% to the local range lows. The cryptocurrency hit an eight-month high of $27.87 on Friday, but ultimately failed to hold this level, retracing to the $25.5-$26.5 area over the weekend. LINK lost the recently reclaimed $25 support level, dropping to the $23.5 area in the afternoon. AltCryptoTalk noted that LINK has been trading within a rising channel for the past two weeks, explaining that the cryptocurrency remains within a crucial support zone despite the drop below $25. To the market watcher, as long as LINK holds above the support zone’s lower boundary at $23.5, “the overall bias remains bullish, and we will be looking for trend-following long setups on every bearish correction.” The analyst also highlighted that the Chainlink network is “secure, efficient, and decentralized,” which adds strength to its native token’s rally. Notably, SBI Group, one of Japan’s largest financial conglomerates with $200 billion in total assets managed, partnered with Chainlink to “power several innovative use cases centered around tokenized funds, tokenized real-world assets such as real estate and bonds, regulated stablecoins, and more.” In the Sunday announcement, the companies revealed that SBI Group and Japanese financial services companies will “leverage Chainlink services, including the Cross-Chain Interoperability Protocol (CCIP), SmartData (NAV), and Proof of Reserve to unlock secondary market liquidity and enhance the operational efficiency of tokenized assets” while ensuring privacy and compliance requirements. Is A Drop To $20 Next? Analyst Ali Martinez affirmed that Chainlink will test a key support level before a massive breakout. The market watcher highlighted a four-year symmetrical triangle formation on the altcoin’s chart, which targets a 280% increase once it breaks out. LINK has retested the pattern’s upper boundary twice since the Q4 2024 rally, briefly breaking above the crucial resistance last week. As it failed to confirm the breakout, the analyst suggested that Chainlink will experience one more dip before aiming for the $95-$100 area. Per the chart, this dip could target the next crucial support level around the $20 area, a 15% decline from current levels. Previously, analyst Rekt Capital noted that continued stability at the $23.86 level will be important, adding that a monthly close above this level is crucial for LINK’s rally. Failing to reclaim this area in the monthly timeframe could lead to a deeper pullback toward the $19.41 level, not seen since the early August breakout. Meanwhile, Alex Clay affirmed that Chainlink “is the next ETH,” pointing out some similarities between the two charts. According to the analyst, both cryptocurrencies have been accumulating in a multi-year triangle formation, and LINK could follow Ethereum’s steps once it officially reclaims the pattern’s resistance. Notably, after breaking out of this pattern last month, ETH confirmed the resistance as support and hit a new all-time high (ETH) last week. As of this writing, LINK is trading at $23.52, a 8.5% drop in the weekly timeframe.

The recent passage of the GENIUS Act introduced a new regulatory framework for stablecoins, such as Tether (USDT), drawing increasing attention from traditional and cryptocurrency firms. Tether’s Regulatory Challenges And Rising Rivals With the stablecoin market growing from $120 billion in October 2023 to $288 billion as of August, Tether’s USDT continues to hold its position as the largest stablecoin. However, the Motley Fool team has identified three emerging contenders that are poised to disrupt the company’s dominance and present significant competition. Tether commands nearly 60% of the stablecoin market, but it has not been without controversy. In 2021, the Commodity Futures Trading Commission (CFTC) fined Tether $41 million for “misleading claims” regarding its reserves, which were allegedly not fully backed by US dollars. Furthermore, Tether’s current reporting practices do not align with the requirements set forth by the recently passed GENIUS Act, which mandates stablecoin issuers to publish monthly disclosures about their reserves. Notably, the stablecoin issuer only provides these reports on a quarterly basis, potentially opening the door for competitors to capture some of its market share, at least in the United States. Among the most prominent challengers highlighted is USD Coin (USDC), which boasts a market capitalization of approximately $68 billion. Like Tether, USDC is a fiat-backed stablecoin; however, it has not faced any legal scrutiny regarding its reserves. The issuer, Circle, has consistently published monthly attestations since USDC’s inception in 2018. The Motley Tool team asserts that this commitment positions USDC as Tether’s primary competitor, especially as regulatory compliance becomes increasingly crucial. The competitive landscape is further complicated by regulatory developments in Europe. Under the European Union’s Market in Crypto-Assets Regulation (MiCA), stablecoin issuers must obtain regulatory approval and meet strict reserve requirements. Circle has already achieved compliance with both USDC and its Euro stablecoin, EURC, while Tether has opted to withdraw from the European market entirely. A New Contender With Ties To XRP Another contender is Dai, now rebranded as USDS, which differentiates itself by adhering to the principles of decentralization. Unlike Tether and USDC, Dai is managed by Sky, previously known as MakerDAO, a decentralized autonomous organization. This structure allows anyone holding SKY governance tokens to participate in decision-making processes concerning Dai. Rather than being backed by fiat reserves, Dai is a crypto-backed stablecoin, relying on overcollateralized crypto loans. Lastly, Ripple USD (RUSD) enters the fray as a smaller player with a market cap of around $667 million. Despite its size, the Motley Fool asserts that RUSD’s connection to XRP makes it a formidable competitor. Ripple, the company behind XRP, has launched RUSD as part of its payment solutions for financial institutions, focusing on efficient cross-border transactions. Additionally, RUSD has received regulatory approval from the New York State Department of Financial Services, which adds a layer of credibility and could help it gain traction in the market. Despite the potential threat, Tether’s figures far surpass those of these three challengers. This suggests that the firm’s reign in the stablecoin market may continue for some time. One thing is certain, though: stablecoins are making a notable entrance into the broader financial landscape. Featured image from DALL-E, chart from TradingView.com

On-chain data shows all Bitcoin investor cohorts have pivoted to distribution recently, an indication that a shift in market mood has occurred. Bitcoin Accumulation Trend Score Has Turned Red For All Holders In a new post on X, on-chain analytics firm Glassnode has talked about the latest trend in the Accumulation Trend Score of Bitcoin for the various investor cohorts. The Accumulation Trend Score measures, as its name suggests, the degree of accumulation or distribution that BTC holders are participating in. The indicator uses two factors to calculate the score: the balance changes happening in the wallets of the investors and the size of the wallets involved. This means that larger entities have a higher influence on the indicator. Now, here is a the chart shared by Glassnode that shows the trend in the Bitcoin Accumulation Trend Score across holder groups over the past year: As displayed in the above graph, the Bitcoin Accumulation Trend Score had a value greater than 0.5 for all investor groups back in July, implying a net accumulation behavior across the cohorts. Retail (under 1 BTC), whales (1,000 to 10,000 BTC), and mega whales (above 10,000 BTC) even saw the metric assume a value close to 1 for a while, which corresponds to a near-perfect accumulation trend. Earlier this month, the market buying started to show signs of weakness and now, the behavior has flipped across the holder groups with investors taking to distribution. Fish (10 to 100 BTC) lead the selling with an Accumulation Trend Score near zero. “The uniformity across cohorts highlights broad sell-side pressure emerging in the market,” notes the analytics firm. From the chart, it’s visible that the last time this pattern developed was in January. What followed the sector-wide selloff was a bearish period for Bitcoin. As such, it now remains to be seen whether the recent shift toward distribution would also lead to something similar. Another development that could potentially signal the oncoming of a bearish phase could be BTC’s retest of the Realized Price of the 1 month to 3 months old investors, as Glassnode has explained in another X post. The Realized Price is a metric that calculates the average cost basis of Bitcoin investors. The metric shown in the above chart tracks this value specifically for the holders who purchased their coins between 1 and 3 months ago. At present, the indicator is sitting at $110,800, which is around where BTC has been trading following its decline. “Historically, failure to hold above this level has often led to multi-month market weakness and potential deeper corrections,” says the analytics firm. BTC Price At the time of writing, Bitcoin is floating around $109,900, down more than 5% over the last seven days.

The market’s leading cryptocurrency, Bitcoin (BTC), has recently attempted to stabilize around $112,000 after experiencing a sharp decline to $110,000 on Sunday, meaning a 10% drop from all-time high (ATH) levels. Ahead of the Federal Reserve’s (Fed) September meeting, market expert Doctor Profit highlighted on X (formerly Twitter) the upcoming implications and the most important technical indicators that paint a bleak picture for Bitcoin (BTC) and the broader market. Fed Rate Cut To Trigger A New Market Correction? Doctor Profit emphasized that the current market environment is markedly different from previous cycles. He believes that the anticipated rate cut by the Fed next month could initiate a robust correction in both stocks and cryptocurrencies. According to him, the first significant cut typically brings uncertainty, leading to divergent opinions among investors, and he predicts that this time will be no exception. Turning to Bitcoin’s technical indicators, the outlook appears bearish. The expert noted a substantial Chicago Mercantile Exchange (CME) gap around the $93,000 mark that needs addressing, with most liquidity concentrated in the $90,000 to $95,000 range. The charts indicate a potential correction, highlighted by a double top formation and declining trading volume. Notably, Doctor Profit has asserted that the last price surge that saw BTC reach $124,000, was largely driven by futures rather than spot market activity, reinforcing the bearish sentiment. Bitcoin Price Forecast Market psychology plays a crucial role in this analysis. On-chain metrics and sentiment indicators reveal that retail investors often buy high and sell low. The expert disclosed that during Bitcoin’s last dip from $110,000 to $98,000 between May and June of this year, it was primarily institutional investors who capitalized on the lower prices, while retail buyers missed out. As prices climbed, retail investors entered the market at higher levels, Doctor Profit added, which could lead to a shakeout as Bitcoin approaches the critical liquidation zone of $90,000 to $95,000. Beyond Bitcoin’s price action, Doctor Profit warns that the current market sentiment reflects a false sense of optimism, suggesting that the prevalent belief in a sustained altcoin season is misguided. He cautions that as enthusiasm grows, larger players may begin to offload their positions, leaving retail investors exposed. Looking ahead, he forecasts a potential surge in Bitcoin prices towards $145,000 to $150,000, which could potentially mean a 34% increase from current levels. The expert also expects Ethereum (ETH) to reach between $7,000 and $8,000 following the September correction. When writing, Bitcoin trades at $112,560, recording a 6% drop in the fourteen-days time frame. Ethereum on the other hand, has continuously positioned among the market’s top performers with a 5% surge during the same period. Featured image from DALL-E, chart from TradingView.com

Dogecoin started a fresh decline below the $0.220 zone against the US Dollar. DOGE is now consolidating and might dip further below $0.2050. DOGE price started a fresh decline below the $0.220 level. The price is trading below the $0.2150 level and the 100-hourly simple moving average. There is a bearish trend line forming with resistance at $0.2160 on the hourly chart of the DOGE/USD pair (data source from Kraken). The price could start a fresh upward move if it stays above the $0.20 zone. Dogecoin Price Dips Again Dogecoin price started a fresh decline after there was a close below $0.2320, like Bitcoin and Ethereum. DOGE declined below the $0.220 and $0.2150 support levels. The price even traded below $0.210. A low was formed at $0.2059 and the price is now consolidating losses. There was a minor recovery wave but the price is still below the 23.6% Fib retracement level of the recent decline from the $0.2672 swing high to the $0.2059 low. Dogecoin price is now trading below the $0.2150 level and the 100-hourly simple moving average. If there is a recovery wave, immediate resistance on the upside is near the $0.2160 level. There is also a bearish trend line forming with resistance at $0.2160 on the hourly chart of the DOGE/USD pair. The first major resistance for the bulls could be near the $0.2280 level. The next major resistance is near the $0.2365 level. It is close to the 50% Fib retracement level of the recent decline from the $0.2672 swing high to the $0.2059 low. A close above the $0.2365 resistance might send the price toward the $0.2450 resistance. Any more gains might send the price toward the $0.250 level. The next major stop for the bulls might be $0.2550. Another Decline In DOGE? If DOGE’s price fails to climb above the $0.2160 level, it could continue to move down. Initial support on the downside is near the $0.2060 level. The next major support is near the $0.2020 level. The main support sits at $0.20. If there is a downside break below the $0.20 support, the price could decline further. In the stated case, the price might slide toward the $0.1880 level or even $0.1820 in the near term. Technical Indicators Hourly MACD – The MACD for DOGE/USD is now gaining momentum in the bearish zone. Hourly RSI (Relative Strength Index) – The RSI for DOGE/USD is now below the 50 level. Major Support Levels – $0.2000 and $0.1880. Major Resistance Levels – $0.2160 and $0.2280.

The recent price actions of Gold (XAU/USD) have started to trade firmer since last Friday, 22 August, with a gain of 1%, on increased hopes that the US Federal Reserve is likely to enact its first interest rate cut of 2025 in the next month's FOMC meeting. Fed Chair Powell’s Jackson Hole Symposium dovish speech has led traders in the Fed Funds futures market to firm up bets that the Fed is likely to cut twice in 2025 (25 basis points each), with a probability of 81% that the Fed Funds rate will be at 3.75%-4.00% on 10 December 2025 FOMC meeting at the time of writing from the current range of 4.25%-4.50%. Lower interest rates reduce the opportunity cost of holding gold, an asset that yields no interest, thereby boosting its appeal and increasing demand, which in turn puts upward pressure on prices. Safe haven bids extend gains for Gold over fears of Fed’s independence In today’s early Asia session, Gold (XAU/USD) shot up by 0.6% to print a current intraday high of US$3,387, a two-week high before paring gains to 0.3% intraday at the time of writing due to safe haven demand as the independence of the US Federal Reserve gets eroded over the firing of Federal Reserve Governor Lisa Cook by US President Trump. Let’s decipher the latest technical developments on Gold (XAU/USD) Fig. 1: Gold (XAU/USD) minor trend as of 26 Aug 2025 (Source: TradingView) Fig. 2: Gold (XAU/USD) medium-term trend as of 26 Aug 2025 (Source: TradingView) Preferred trend bias (1-3 days) Bullish bias within a medium-term sideways range configuration with key short-term pivotal support at US$3,352/347, with next intermediate resistances coming in at US$3,402 and US$3,432/3,435 (see Fig. 1). Key elements Since the current all-time high of US$3,500 printed on 22 April 2025, the price actions of Gold (XAU/USD) have evolved into a medium-term sideways range configuration (see Fig. 2).The current prices of Gold (XAU/USD) have traded back above the 20-day and 50-day moving averages since last Friday, August 22, and oscillated within a minor ascending channel in place since the 31 July 2025 low of US$3,268.The hourly RSI momentum indicator has displayed a “higher low” right above the 50 level and has not reached its overbought region (above the 70 level). These observations suggest a potential short-term bullish momentum condition for Gold (XAU/USD).Alternative trend bias (1 to 3 days) A break below US$3,347 on Gold (XAU/USD) invalidates the bullish bias for another round of choppy decline towards the lower limit of the medium-term sideways range configuration, exposing the next intermediate supports at US$3,324 and US$3,310 in the first step. 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.