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GBP/USD 5-Minute Analysis The GBP/USD currency pair continued its downward movement on Thursday and Friday, having earlier broken through the ascending trend line. From a technical perspective, the decline of the British pound was fairly easy to predict. As mentioned before, the trend line was breached—an important signal of movement against the prevailing trend. However, last week unfolded in a highly pessimistic scenario for the pound. Most of the macroeconomic data from the UK was moderately positive. The Federal Reserve meeting can be considered dovish, and the Bank of England meeting was neutral. Despite that, the pound showed a strong decline over the past three weeks due to renewed budget issues in the UK. Technically, the price has approached the Senkou Span B line, which serves as the last support level for the British currency. A rebound from this line could trigger a resumption of the uptrend on all timeframes. It's important to understand that a budget deficit is serious, but, for example, in the U.S., a budget deficit is a common occurrence that has persisted for years—and yet this has not stopped the U.S. dollar from gaining against its European counterparts over the past 16–17 years. The budget issue may have already been priced in by the market. On the 5-minute chart, a sell signal was formed in the first hour of the European trading session on Friday. The price confidently broke through the 1.3525–1.3548 level, allowing traders to open short positions. During the early U.S. session, the Senkou Span B line was tested, and traders could have either taken profit on their short positions or opened long positions. Although upward movement did not materialize, the second trade was not a loss—the price moved up the required 20 points. COT Report The COT (Commitment of Traders) reports on the British pound show that commercial traders' sentiment has been constantly shifting in recent years. The red and blue lines, representing the net positions of commercial and non-commercial traders, continually cross over and are generally near the zero mark. At present, they are still at almost the same level, indicating an approximate balance between long and short positions. The dollar continues to decline due to Donald Trump's policies, so demand among market makers for the pound is not especially high right now. The trade war is likely to persist in one form or another for quite some time. The Federal Reserve is expected to cut interest rates within the next year. As a result, demand for the dollar will likely continue to fall. According to the latest COT report on the British pound, the "Non-commercial" group opened 5.9K buy positions and closed 21.1K sell positions. Thus, the net position of non-commercial traders increased by 27K over the week. In 2025, the pound rose significantly, but the reason for this rally was singular—Donald Trump's policies. Once this factor diminishes or is neutralized, the dollar may resume its growth. However, when this might occur is unknown to anyone. The speed at which the pound's net position is growing or shrinking doesn't really matter; it's the dollar's net position that continues to decrease and typically at a faster pace. GBP/USD 1-Hour Analysis On the hourly timeframe, the GBP/USD pair pulled back last week due to negative fundamental factors. It's fair to say that a new downward trend has begun. The Senkou Span B line may help the British currency stay afloat, but its breach would open the door to further downside. The dollar still lacks strong global reasons to strengthen, but technical factors shouldn't be ignored. Key levels for September 22: 1.3125, 1.3212, 1.3369–1.3377, 1.3420, 1.3533–1.3548, 1.3584, 1.3681, 1.3763, 1.3833, 1.3886. The Senkou Span B line (1.3460) and the Kijun-sen (1.3581) can also generate signals. A recommended Stop Loss can be set to breakeven once the price moves 20 points in the intended direction. Keep in mind that the Ichimoku indicator lines may shift throughout the day, which should be considered when determining trade signals. On Monday, speeches are scheduled in the UK by Bank of England Governor Andrew Bailey and Chief Economist Huw Pill. Considering the recent budget and government debt issues, both officials may address the topic. In general, both Pill and Bailey speak relatively rarely, and their speeches usually attract significant market attention. Trade Recommendations: On Monday, traders can consider trading off the Senkou Span B line. A rebound from this level would allow for opening long positions with a target at 1.3533–1.3548, while a break below it opens the way for shorts with targets at 1.3420 and 1.3377. Legend for the illustrations: Support and resistance price levels – thick red lines. These indicate where price movement may end. They are not direct sources of trading signals.Kijun-sen and Senkou Span B – lines from the Ichimoku indicator, applied to the 1-hour chart from the 4-hour chart. These are strong technical lines.Extremum levels – thin red lines representing previous bounce points. These are sources of trading signals.Yellow lines – trend lines, trend channels, and other technical patterns.COT Indicator 1 on the charts – represents the net position size of each trader category.The material has been provided by InstaForex Company - www.instaforex.com

EUR/USD 5-Minute Analysis On Friday, the EUR/USD currency pair continued its decline, which it was "not at fault" for and did not deserve. Recall that the ECB meeting could reasonably be considered "conditionally hawkish," while the Fed meeting was "dovish." On Thursday and Friday, there were no significant macroeconomic releases in the Eurozone or the U.S. that could have triggered the euro's fall. The problem lay with the British pound, which had a mixed reaction to the Bank of England meeting (the only "dovish" decision was to reduce the volume of the QE program), and then collapsed due to new budgetary problems in the UK. The euro simply followed its "brother," as often happens due to the high correlation between the two currencies. Technically, in the hourly time frame, the situation has not changed at all. The upward trend line remains relevant, and on Friday, the price failed to break through it. Thus, a rebound from this line, as well as from the support level of 1.1750–1.1760, could trigger a new wave of growth in the euro. A consolidation below the trend line would provoke a decline, at least to the Senkou Span B line. On the 5-minute chart, trading signals on Friday are not worth analyzing. There was no macroeconomic background that day, the euro fell following the pound, and volatility was once again not particularly high. During the European session, the price rebounded twice from the 1.1750–1.1760 level, which could have been a signal to go long, but both signals proved false. The pound dragged the euro down all day, while the euro resisted with all its might. COT Report The latest COT report is dated September 16. The illustration above clearly shows that the net position of non-commercial traders had long been "bullish," with the bears only briefly gaining dominance at the end of 2024, which they quickly lost. Since Trump took office as U.S. president for the second time, the dollar has been falling. We cannot say with 100% certainty that the fall of the U.S. currency will continue, but current global developments strongly suggest this scenario. We still see no fundamental factors supporting the strengthening of the euro, while there are plenty of factors for a decline in the U.S. dollar. The long-term downtrend remains in effect, but at this point, does it really matter where the price was heading over the last 17 years? Once Trump ends his trade wars, the dollar may trend upward again, but recent events have shown that the war will continue in one form or another. A possible loss of Federal Reserve independence is another powerful pressure factor on the U.S. currency. The positioning of the red and blue lines of the indicator continues to point to a "bullish" trend. Over the last reporting week, the number of long positions in the "Non-commercial" group decreased by 4,800, while the number of short positions increased by 3,100. Thus, the net position fell by 7,900 contracts for the week. EUR/USD 1-Hour Analysis On the hourly time frame, the EUR/USD pair maintains an upward trend. Over the past few days, the price has been undergoing a correction, but as long as it stays above the trend line, the upward trend remains valid. There were no significant reasons for the euro to fall, but the British pound played a "bearish trick," and technical corrections are a natural occurrence. On Monday, it will be important to determine whether the trend line, which has provided consistent support for the euro, remains relevant. For September 22, we highlight the following trading levels: 1.1234, 1.1274, 1.1362, 1.1426, 1.1534, 1.1604–1.1615, 1.1666, 1.1750–1.1760, 1.1846–1.1857, 1.1922, 1.1971–1.1988, as well as the Senkou Span B line (1.1694) and the Kijun-sen line (1.1823). The Ichimoku indicator lines may shift throughout the day, which should be taken into account when identifying trading signals. Don't forget to set a Stop Loss at breakeven if the price moves in the intended direction by 15 points. This will help avoid potential losses if the signal turns out to be false. On Monday, there are no important events or releases scheduled in the Eurozone or the U.S., so volatility may be low. The key focus for Monday is the trend line and how traders behave around it. Trading Recommendations On Monday, the pair may resume its move northward, as the uptrend remains intact, and there are still no fundamental factors supporting dollar growth. However, a break below the trend line will open the path for considering short positions with a target at the Senkou Span B line. Explanation of illustrations: Support and resistance price levels – thick red lines where the movement may end. Not sources of trading signals.Kijun-sen and Senkou Span B lines – Ichimoku indicator lines transferred to the 1-hour time frame from the 4-hour chart. They are strong lines.Extremum levels – thin red lines from which the price has previously bounced. These are sources of trading signals.Yellow lines – trend lines, trend channels, and any other technical patterns.The material has been provided by InstaForex Company - www.instaforex.com

EUR/USDThe euro exchange rate has approached the support of the daily Kijun line (1.1720). A consolidation below this level would signal that the EUR/USD pair is ready to continue its decline toward the target level of 1.1632 (the peak from June 12). However, the Marlin oscillator is still in positive territory, so it would be beneficial for the euro to slow down a bit and prepare for a downward breakout—possibly tomorrow, when there will be a showdown between the PMI indices of Europe and the United States. On the four-hour chart, conditions are forming in favor of the dollar winning the PMI battle, as the price has settled below both indicator lines, and the Marlin oscillator has moved deeply into the negative area and is already poised for consolidation, preparing for an even deeper decline. We expect the main developments to unfold tomorrow. The material has been provided by InstaForex Company - www.instaforex.com

GBP/USDBy the end of Friday, the price consolidated below the 1.3525 level and below the Kijun line on the daily scale. The price now only needs to break through the balance line (the red moving average). The Marlin oscillator has settled in the territory of a downward trend, so breaking through the balance line appears to be only a matter of time. The target level at 1.3364 is now open, and the price is moving toward it. The support at 1.3364 is strong, so a correction is possible from there. On the four-hour chart, the signal line of the Marlin oscillator shows signs of developing consolidation. With such behavior from the oscillator, the price may continue its decline, but at a much slower pace. Tomorrow, the UK will release data on business activity in the services and manufacturing sectors. Forecasts for the indicators are mixed. We expect a market impulse tomorrow. The material has been provided by InstaForex Company - www.instaforex.com

XRP price started a fresh decline below the $3.00 zone. The price is now showing bearish signs and might decline further below the $2.880 zone. XRP price is moving lower below the $3.00 support zone. The price is now trading below $2.950 and the 100-hourly Simple Moving Average. There is a bearish trend line forming with resistance at $2.980 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could continue to move down if it dips below $2.880. XRP Price Dips Below Support XRP price failed to extend gains above $3.20 and started a fresh decline, like Bitcoin and Ethereum. The price dipped below the $3.050 and $3.020 support levels. The bears even pushed the price below $3.00. A low was formed near the $2.880 support, and the price is now consolidating losses well below the 23.6% Fib retracement level of the recent decline from the $3.138 swing high to the $2.880 low. The price is now trading below $3.00 and the 100-hourly Simple Moving Average. Besides, there is a bearish trend line forming with resistance at $2.980 on the hourly chart of the XRP/USD pair. If the bulls protect the $2.880 support, the price could attempt another increase. On the upside, the price might face resistance near the $2.950 level. The first major resistance is near the $3.00 level and the trend line. A clear move above the $3.00 resistance might send the price toward the $3.080 resistance or the 76.4% Fib retracement level of the recent decline from the $3.138 swing high to the $2.880 low. Any more gains might send the price toward the $3.120 resistance. The next major hurdle for the bulls might be near $3.150. More Downside? If XRP fails to clear the $3.00 resistance zone, it could continue to move down. Initial support on the downside is near the $2.880 level. The next major support is near the $2.80 level. If there is a downside break and a close below the $2.80 level, the price might continue to decline toward $2.740. The next major support sits near the $2.650 zone, below which the price could gain bearish momentum. Technical Indicators Hourly MACD – The MACD for XRP/USD is now gaining pace in the bearish zone. Hourly RSI (Relative Strength Index) – The RSI for XRP/USD is now below the 50 level. Major Support Levels – $2.880 and $2.80. Major Resistance Levels – $2.950 and $3.00.

AUD/USD The AUD/USD pair has been declining for the fourth consecutive day. It is approaching support at the Kijun line around the 0.6565 level. The signal line of the Marlin oscillator is also nearing the neutral zero line – a support area. It's likely that a price correction will occur from the 0.6565 level, along with a rebound in the oscillator. Then (on Wednesday or later), the price may consolidate with renewed momentum below the Kijun line and continue its downward path toward the target level of 0.6450. This is the main scenario. A shift to an alternative scenario of growth would only be possible after the pair overcomes the resistance level at 0.6668. On the H4 (4-hour) chart, the Marlin oscillator has already indicated a corrective reversal upward. However, since Marlin is a leading indicator, the price may still reach 0.6565. If it doesn't, the price risks entering a short-term period of random movement, which would likely appear as a sideways correction. The material has been provided by InstaForex Company - www.instaforex.com

Gold is trading around 3,689, close to its all-time high and within the upward trend channel formed since September 5. Gold is showing a strong positive signal, so it is likely to reach 3,718 in the coming days and could even reach the 8/8 Murray around 3,750. If the gold price falls below its weekly close around 3,685, we could expect a technical correction toward the 7/8 Murray support or around 3,666, where the 21SMA is located. If gold consolidates above 3,660, it will be seen as an opportunity to resume long positions, with targets at 3,700 and 3,750. A break and consolidation below 3,666 could revive bearish pressure, and gold could reach support at 3,637. If the price breaks this level, it could drop to the 6/8 Murray level at 3,593. The Eagle indicator is showing a positive signal, so any pullback in gold is likely seen as an opportunity to continue buying. The material has been provided by InstaForex Company - www.instaforex.com

The euro is trading around 1.1730, reaching the support levels of the uptrend channel formed on August 26. The EUR/USD pair is under bearish pressure following the Fed's interest rate decision unveiled last week. A recovery in EUR/USD is likely in the coming days. We could then look for a possible buy zone around 1.1700. The area where the Murray 8/8, the bottom of the uptrend channel, and the 200 EMA converge could serve as good support for the euro. Therefore, we could expect a technical rebound above this area, which will be seen as a buying opportunity. Conversely, if the euro breaks below 1.1703 and consolidates below this area, the instrument under bearish pressure could reach 1.1506 or even the psychological level of 1.1500. The Eagle indicator is showing a negative signal. So, in case of any technical bounce and trading below 1.1840 will be seen as a signal to continue selling in the coming days. The material has been provided by InstaForex Company - www.instaforex.com

Ethereum price started a fresh decline below $4,550. ETH is now consolidating and might decline further if it breaks the $4,250 support zone. Ethereum failed to extend gains and declined below the $4,550 zone. The price is trading below $4,450 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming with resistance at $4,450 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh increase if it settles above $4,400 and $4,450. Ethereum Price Dips Sharply Ethereum price failed to continue higher above the $4,650 zone and started a fresh decline, like Bitcoin. ETH price declined below the $4,600 and $4,550 support levels. The bears even pushed the price below $4,420. A low was formed at $4,264 and the price is now consolidating losses and is well below the 23.6% Fib retracement level of the downward wave from the $4,637 swing high to the $4,264 low. Ethereum price is now trading below $4,400 and the 100-hourly Simple Moving Average. On the upside, the price could face resistance near the $4,350 level. The next key resistance is near the $4,400 level. The first major resistance is near the $4,450 level. Besides, there is a key bearish trend line forming with resistance at $4,450 on the hourly chart of ETH/USD. A clear move above the $4,450 resistance might send the price toward the $4,500 resistance or the 61.8% Fib retracement level of the downward wave from the $4,637 swing high to the $4,264 low. An upside break above the $4,500 region might call for more gains in the coming sessions. In the stated case, Ether could rise toward the $4,550 resistance zone or even $4,620 in the near term. Another Decline In ETH? If Ethereum fails to clear the $4,350 resistance, it could start a fresh decline. Initial support on the downside is near the $4,250 level. The first major support sits near the $4,220 zone. A clear move below the $4,220 support might push the price toward the $4,150 support. Any more losses might send the price toward the $4,120 region in the near term. The next key support sits at $4,050. Technical Indicators Hourly MACD – The MACD for ETH/USD is gaining momentum in the bearish zone. Hourly RSI – The RSI for ETH/USD is now below the 50 zone. Major Support Level – $4,250 Major Resistance Level – $4,350

Bitcoin price failed to extend gains above $117,750. BTC is now moving lower and might even test the $113,200 support zone. Bitcoin started a fresh decline below the $115,500 zone. The price is trading below $115,500 and the 100 hourly Simple moving average. There is a connecting bearish trend line forming with resistance at $115,200 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might start another increase if it clears the $116,000 zone. Bitcoin Price Dips Again Bitcoin price started a fresh upward wave above the $116,500 zone. BTC managed to climb above the $116,800 and $117,500 resistance levels before the bears appeared. A high was formed at $117,920 and the price started a fresh decline. There was a move below the $116,500 and $115,500 levels. The decline gained pace below the $115,000 level. A low was formed at $114,237 and the price is now consolidating losses below the 23.6% Fib retracement level of the recent decline from the $117,920 swing high to the $114,237 low. Bitcoin is now trading below $115,500 and the 100 hourly Simple moving average. Besides, there is a bearish trend line forming with resistance at $115,200 on the hourly chart of the BTC/USD pair. Immediate resistance on the upside is near the $115,000 level. The first key resistance is near the $115,250 level. The next resistance could be $116,000 or the 50% Fib retracement level of the recent decline from the $117,920 swing high to the $114,237 low. A close above the $116,000 resistance might send the price further higher. In the stated case, the price could rise and test the $116,500 resistance level. Any more gains might send the price toward the $116,800 level. The next barrier for the bulls could be $117,250. More Losses In BTC? If Bitcoin fails to rise above the $116,000 resistance zone, it could start a fresh decline. Immediate support is near the $114,250 level. The first major support is near the $113,500 level. The next support is now near the $113,250 zone. Any more losses might send the price toward the $112,500 support in the near term. The main support sits at $110,500, below which BTC might decline heavily. Technical indicators: Hourly MACD – The MACD is now gaining pace in the bearish zone. Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now below the 50 level. Major Support Levels – $114,250, followed by $113,250. Major Resistance Levels – $115,000 and $116,000.

Nine days after a damaging exploit drained assets from its Shibarium bridge, Shiba Inu’s developers have issued their most detailed update yet. The update outlines containment measures while conceding to profound structural weaknesses in the project’s validator network. The attack on September 12 exploited a flaw at the heart of Shibarium’s proof-of-stake bridge, where validators confirm cross-chain transactions. According to core contributor Kaal Dhairya, attackers secured temporary control of ten of the network’s twelve signing keys, an extraordinary level of compromise. They used that access to push through fraudulent exit transactions. Assets including ETH, SHIB, and ROAR were siphoned from the bridge, with blockchain analytics firm PeckShield estimating total losses at $2.3M. shiba inuPriceMarket CapSHIB$7.54B24h7d1y Dhairya “My Loyalty is To SHIB’: Developer Leads Rallying Cry For SHIB Army Although the sum is modest by the standards of high-profile DeFi hacks, the reputational damage is far greater. Shibarium was intended to elevate Shiba Inu from meme-coin notoriety into a credible DeFi infrastructure. Instead, the breach exposed validator centralization, inadequate key rotation, and custody practices dependent on cloud systems such as AWS KMS, all creating a single point of failure. Since the incident, the bridge has remained frozen, stranding user assets and raising questions about recovery. Dhairya confirmed that investigators are considering multiple routes: cooperation with law enforcement, bounty offers to entice a return of funds, or using treasury reserves and insurance mechanisms. None have been finalized, and developers have warned that any official claims process will only be announced through verified channels to prevent opportunistic scams. Containment has focused on immobilizing the attacker’s stake in BONE tokens and restricting bridge operations to prevent further unauthorized exits. Validator signers have been rotated, control of contracts migrated to multi-party hardware modules, and additional circuit breakers added at the contract layer. Independent forensic specialists are now assessing whether the compromise stemmed from developer machine exposure, cloud service vulnerability, or a supply-chain intrusion. Until those reviews conclude, the bridge will not be reopened. DISCOVER: The 12+ Hottest Crypto Presales to Buy Right Now SHIB Developers Left ‘Broken’ After Cyber Attack: Hints At Former Contributor Involvement? The update reflects frustration within the core team. In a candid statement, Dhairya acknowledged that the attack has left developers “broken” and questioned whether leadership structures within the Shiba Inu ecosystem have provided adequate support. Dhairya specifically mentions, “Hearing this will make many individuals and former team members extremely happy and satisfied. So congratulations on the win.” His remarks highlight the strain of managing a billion-dollar token community with limited treasury resources, opaque governance, and persistent external skepticism/FUD. For Shiba Inu investors, the episode underscores the systemic trade-offs facing layer-2 projects. Networks that scale quickly often do so by concentrating validator power, cutting corners on decentralization in exchange for efficiency. That expedience can unravel once keys are compromised. The fact that ten validators fell in a single strike suggests that Shibarium’s decentralization was more aspirational than real; a perception that may weigh heavily on market confidence even if funds are eventually compensated. DISCOVER: 15+ Upcoming Coinbase Listings to Watch in 2025 Where Does SHIB Go From Here? The next phase is decisive. Developers say the bridge will not resume until independent reviews sign off on mitigations, post-incident integrity checks pass, and drills confirm resilience. Only then will a phased reopening be attempted, with rollback options in place. Once the network is secure, a full technical postmortem and a community-approved remediation plan will be published. For now, Shibarium remains offline, its users locked out, and the project’s credibility under pressure. How Shiba Inu resolves this breach, swiftly, transparently, and decisively, or otherwise, will determine whether it emerges as a hardened DeFi contender or risks slipping back into meme coin irrelevance. DISCOVER: 16+ New and Upcoming Binance Listings in 2025 The post Shiba Inu Developers ‘Broken’ By $2.3M Exploit: Rallying Call to SHIB Army appeared first on 99Bitcoins.

According to the Ripple chief technology officer, a number of banks have started to adopt XRP for payments and one planned bank tied to Ripple will run entirely on the XRP Ledger. That claim comes as Ripple seeks a New York banking charter, a Federal Reserve master account, and says it will conform with ISO 20022 messaging standards used by major banks. Reports have disclosed that these steps aim to make the token useful for large-scale settlement work. Banks Begin Real-World Use DBS and Franklin Templeton signed a memorandum of understanding this week to work on tokenized trading and lending products, reports disclosed. Franklin Templeton’s sgBENJI, a US dollar money market fund token, is launching on DBS Digital Exchange. Ripple’s RLUSD stablecoin is being used to support trading activity and is reported to be valued at nearly $730 million. DBS is also exploring the acceptance of sgBENJI as repo collateral, which would add liquidity for tokenized assets. Lim Wee Kian of DBS said the move is a step toward offering institutional-grade digital asset services. Stablecoins, Custody, And Switching Between Assets According to Nigel Khakoo of Ripple, the system makes it easier to move between stablecoins and yield-generating tokens within a single setup. Franklin Templeton said it selected the XRP Ledger for cost and speed reasons, and for its role in scaling tokenized securities. Reports also name BNY Mellon as the custodian for reserves backing RLUSD, a detail that underlines the institutional angle Ripple is pushing. Regulatory And Infrastructure Moves The token’s momentum follows legal and regulatory shifts in the US after Ripple’s long fight with the SEC. Reports note that more than 20 spot XRP ETFs are under consideration, a factor that could pull large institutional capital into the market. The Depository Trust & Clearing Corporation — which handles up to $4 quadrillion in settlements a year — has mentioned tokenization in its planning documents, and researchers point out how tokenized settlement rails might change back-office flows if adopted widely. Momentum Meets Caution Banks are said to be moving slowly. Early integration tests and compliance checks are still under way. Industry sources say the combination of custody arrangements, stablecoins, and ledger-based settlement could unlock multi-trillion-dollar flows if real-world tokenization proves reliable. But those sources also warn that large-scale adoption will take time and careful risk controls. Speculation On Prices XRP currently trades around $2.8. Market chatter has heated up since the token rose nearly 600% between November 2024 and January 2025. Some analysts forecast a move to $50; others, like Edoardo Farina of Alpha Lions Academy, have floated $100. A handful of commentators discuss targets at $1,000. A small vocal group even claims $10,000 is possible. One community pundit known as Xena said she believes it will reach that level “without a doubt,” a comment that highlights how much optimism lives alongside technical and regulatory progress. Featured image from Meta, chart from TradingView

Ronin, the blockchain behind the hit game Axie Infinity, has announced a new plan to strengthen its token economy through smart moves that have surged the RON price. Is it a good time to buy RON? Let’s dive in. The Sky Mavis-built network said on Sept. 21 that it will begin buying RON from the open market starting Sept. 29. Over about a month, the team will convert its Treasury’s 890 ETH and 650,000 USDC, roughly $4.5-$5M, into RON. At current prices, that equals about 1.3% of circulating supply. All purchases will be executed on-chain with third-party market makers, and the team stressed that no RON sales are planned. Ronin fits that theme. The blockchain gaming network plans to start about $4.5M in RON buybacks on September 29. Hydraze said he began buying near $0.48 and expects “the needle to start moving soon,” calling it a comfortable setup. Price action supports this view. According to Tradingview data, RON rebounded cleanly from the $0.47-$0.48 area, right where Hydraze placed his entry. (Source: RON USDT, TradingView) The bounce came with a clear volume pickup, a sign of fresh participation rather than a thin move. Technically, buyers have retaken key lines. RON is back above the 50-EMA ($0.505) and 100-EMA ($0.504), which had capped rallies earlier in September. After an intraday push above $0.56, the price consolidates at over $0.53. Holding that $0.52-$0.53 shelf would keep momentum on the bulls’ side and set up a $0.57-$0.58 retest. ronin tokenPriceMarket CapRON$534.53M24h7d1y The backdrop is still volatile. Mid-September rallies met quick profit-taking. Even so, the latest swing higher leaves a pattern of higher lows, which is constructive if volume stays firm. Green candles printing on rising volume add to that case. The near-term catalyst is the buyback start date. If treasury support arrives as planned and price holds the 50-EMA, traders will look to $0.60 as the next psychological test. Lose the 50-EMA, and pressure can quickly shift back toward $0.50. DISCOVER: Top Solana Meme Coins to Buy in 2025 Join The 99Bitcoins News Discord Here For The Latest Market Updates The post RON Crypto to Go Parabolic as Ronin Reveals Token Burns: Time to Buy? appeared first on 99Bitcoins.

XRP has failed to maintain bullish momentum after pushing as high as $3.13 during the week. At the time of writing, XRP is trading around $3.00 and testing its resilience above this level after sliding alongside Bitcoin. The resulting price action is a defining moment for XRP’s short-term trend, according to technical analysis, and crypto analyst CasiTrades has pointed out a decisive support level that could determine whether the bullish structure remains intact. XRP Tests $2.98 Support Zone Taking to the social media platform X, crypto analyst CasiTrades highlighted an important support level that XRP must hold in order to continue its bullish momentum. According to CasiTrades, XRP’s most immediate challenge is at the $2.98 support line. The analyst’s technical analysis outlines an Elliott Wave formation now unfolding into an ABC corrective pattern. The analysis unfolds XRP’s price action since the beginning of September into Elliot Waves and suggests that XRP is now playing out Wave 4, which is a corrective wave divided into an ABC pattern. Although XRP is still holding above $2.98, momentum indicators such as the RSI on both the one-hour and four-hour timeframes show no bullish divergence, often a necessary condition for reversal. This puts the $2.98 level in the spotlight, and a break below it could increase the likelihood of further downside pressure. The analysis highlights the possibility of corrective Wave C extending below $2.98 towards Fibonacci retracement levels near the low $2.90s. The measured C wave extension points to the 0.618 Fib retracement, which is around $2.92 and $2.94. Interestingly, the 15-minute chart does reveal a short-term bullish divergence, offering a small window for relief bounces. However, without confirmation on the higher timeframes, such reactions are likely to remain temporary. The broader outlook, as outlined by the analyst, still leans toward the probability of another downward wave unless buyers step in strongly at $2.98 to restore confidence and preserve the larger bullish structure. Chart Image From X: CasiTrades Implications If XRP Holds Above $2.98 If buyers manage to hold above $2.98, XRP could stabilize and enter a consolidation phase that will create a foundation for the next leg higher. This consolidation would give the XRP price the breathing room it needs for an eventual upward attempt, one that would mark the beginning of an impulse Wave 5 formation within the Elliott Wave count. In this scenario, a decisive push through the $3.10 level becomes the first hurdle, and breaking it would confirm that bullish momentum is once again in play. Should XRP successfully clear $3.10 with volume and follow-through, the next target identified by the analyst is another resistance at $3.25. A sustained bullish momentum beyond this point could carry the price toward the next resistance at $3.44. At the time of writing, XRP is trading at $3.01, down by 2.8% in a seven-day timeframe. Preserving the bullish wave structure and holding above $2.98 at this point is essential to avoid the corrective pattern turning into a deeper downtrend. Featured image from Unsplash, chart from TradingView

Bitcoin’s slow ascent towards establishing new highs has continuously encountered significant opposition in the past few weeks. As the market currently stands in an uncertain zone, there are several questions and concerns about the future trajectory of the premier cryptocurrency. Below is how the latest on-chain data answers some of these questions How $117,000 Slowed Down BTC’s Rise In a September 20 post on social media platform X, Alphractal founder and CEO Joao Wedson reemphasized his early prediction of $117,000 as a critical resistance zone for the Bitcoin price. Wedson referenced his post published exactly a week ago, which utilized two main on-chain metrics — the CVDD (Cumulative Value Days Destroyed) Channel, and the Fibonacci-Adjusted Market Mean Price — in reaching his conclusion. For context, the CVDD Channel is centered around the amount of aged capital being sent into the market. This metric is typically used in highlighting zones of long-term support or resistance based on the movement of aged coins. Also, the Market Mean Price is the cost basis, on average, of all Bitcoin holders. By extension, the Fibonacci-Adjusted Market Mean Price is a metric that shows the average cost basis of Bitcoin, adjusted with specific Fibonacci ratios. It displays mathematical levels of extension or retracement around the Bitcoin average holder’s cost. According to the analyst, these two metrics had aligned perfectly, pointing out $117,000 as a zone where retracement was likely to occur. The convergence of these metrics showed not just the technical significance of this price level, but also reflected strong indecision in the market. What’s Next For Bitcoin? In the same post on X, Wedson pointed out specific price actions to watch out for in terms of Bitcoin’s price progression and what a potential breach could mean. Looking at the upside case, the analyst explained that a breakout above $118,600 would be a strong confirmation of heightening bullish momentum, which could “open the path for the next explosive move.” Wedson also warned about a potential downside, which hinges on a break below the $113,700 support. According to the crypto founder, this support breach could lead to a swift decline of Bitcoin’s value to as low as $110,000. A deeper correction could even drag Bitcoin to as low as $100,000—a price level that may attract institutions for accumulation. As of this writing, the price of BTC stands at around $115,660, reflecting no significant movement in the past 24 hours.

Neo Performance Materials (TSX: NEO) has officially opened its $75 million facility in Estonia, becoming the first to mass produce rare earth magnets for Europe’s automotive and wind energy sectors. The facility, according to media reports, began production on Friday, targeting an initial rate of 2,000 tonnes of magnets per year, enough to supply over a million electric vehicles or more than 1,000 offshore wind turbines. However, Neo’s chief executive Rahim Suleman sees further room for production growth given Europe’s reliance on China for its magnets. In an interview with the Financial Times, he says the EU is relying on China for 98% of its magnet use, which is “untenable” especially with demand set to almost triple in the next 10 years. As such, the company is planning to ultimately expand its annual production rate to 5,000 tonnes to match that projected demand. Neo’s plans also align with those of the EU, which aims to boost domestic processing of critical minerals such as rare earths to 40% by 2030, thereby reducing its reliance on China. The new facility, situated in the northeastern city of Narva, was supported by an EU grant of up to €18.7 million. “The rare earth magnets that will be produced here are indispensable to growth and innovation,” said European Commission president Ursula von der Leyen in a statement cited by FT. With the official plant opening, Neo announced on Friday it has signed contracts with German auto suppliers Schaeffler and Bosch. In a press release announcing its deal with Bosch, Suleman said: “This secures a significant portion of our future production and speaks to our strategy of prioritizing partnerships with the world’s largest and most innovative companies.” Estonian Prime Minister Kristen Michal, speaking at the plant’s opening ceremony, described the facility as “the most cost-efficient magnet factory ever built in the Western world.” The plant also sits next to Neo’s existing rare earth separation facility in Estonia.

Ethereum’s institutional narrative is strengthening as US-based Spot ETF trackers witnessed another week of inflows last week. BlackRock’s ETHA fund captured the majority of this activity with more than half a billion dollars in new investments, while other ETFs struggled with minor outflows. At the same time, technical patterns are aligning with this buying pressure, which has given many analysts confidence that the Ethereum price could be preparing to push towards its all-time high in the coming weeks. Ethereum ETFs Register Second Consecutive Inflow Week Last week was another positive week for Spot Ethereum ETFs. Across all issuers in the US, Spot Ethereum ETFs added $556.92 million in inflows during the week, making it the second consecutive week of positive institutional inflows. Cumulative inflows since launch are now over $13.9 billion, and these ETFs now hold $29.64 billion worth of Ethereum. Interestingly, data from Farside Investor’s Spot ETF tracker reveal that the majority of last week’s institutional inflows went into BlackRock’s ETHA. The inflow numbers show that BlackRock’s ETHA product absorbed roughly $513 million in net inflows between September 15 and 19. The largest portion came on Monday with over $360 million, followed by another $140 million inflow as the week drew to a close on Friday, which was enough to offset corresponding outflows from every other issuer that day. This shows how investors continue to favor BlackRock’s offering as the primary gateway for regulated Ethereum exposure. Other issuers experienced a more mixed week. Fidelity’s FETH product posted sharp redemptions, most notably $53.4 million in outflows on Friday, September 19. However, these outflows were partially balanced by $159.4 million in inflows on Thursday. Bitwise and Grayscale also witnessed days of inflows, which was enough to cancel out minor outflows during the week. Spot Ethereum ETF Flows: Farside Investors Technical Analysis Points To $5,000 Another week of institutional inflow could set the stage for bullish price action in the new week, which in turn would certify a bullish monthly close for Ethereum in September. In fact, analyses from different analysts have looked at multiple bullish patterns forming across different timeframes on the Ethereum price chart. One particularly notable observation came from VasilyTrader on the TradingView platform, who highlighted encouraging signals on Ethereum’s shorter-term charts. His analysis of the 4-hour candlestick timeframe suggested that the recent pullback has now given way to a bullish confirmation. He identified a clear double bottom pattern that formed early last week, which was followed by a breakout from a falling wedge formation by Friday’s close. Based on these developments, VasilyTrader set his next price target at no less than $4,741. Chart Image From TradingView: VasilyTrader At the time of writing, Ethereum is trading at $4,485. According to crypto analyst Daan Crypto Trades, ETH is still on track to reach $5,000 as long as it holds above $4,400. Featured image from Unsplash, chart from TradingView

Index Trading Where Is the Top in U.S. Stocks? Key Levels to Watch in the Nasdaq and S&P 500 Index Trading The U.S. stock market continues to push into uncharted territory, leaving traders asking the big question: where is the top in U.S. stocks? Or perhaps more importantly, is there even a top in sight? With the U.S. dollar downtrend losing steam and bond yields retreating after a strong run-up, momentum in equities has remained impressive. Both the S&P 500 and Nasdaq 100 are trading at record highs, but when markets stretch into uncharted territory, identifying potential turning points becomes critical for traders. Why Picking a Market Top Is Tricky When indices like the S&P 500 and Nasdaq 100 reach all-time highs, there are no previous resistance levels to guide traders. The only natural targets become round numbers or “big figures”— psychological levels such as 25,000 on the Nasdaq or 6,700 on the S&P 500. However, rather than guessing at tops, it’s better to drill down through multi-timeframe analysis: starting with monthly, then weekly, daily, and 4-hour charts to identify the levels that keep the trend intact. Index Trading Nasdaq 100 (NAS100): 24,000 Is the Line in the Sand On the monthly chart, the Nasdaq shows six consecutive green candles, signaling a powerful uptrend. The first real warning of a pause would come only with a red monthly close, but the current support near 16,626 is far too distant to be relevant now. On the weekly timeframe, key levels at 22,667 and 21,365 also remain far away, confirming strong momentum. But on the daily chart, things get more interesting. The 24,000 level (23,995) is the crucial support to watch. As long as the Nasdaq holds above 24,000, the market bias remains to the upside, and traders will continue to buy the dips. On the 4-hour chart, shorter-term supports align with this same level, reinforcing 24,000 as the critical pivot for momentum. Index Trading S&P 500 (US500): 6,550 Is the Key Support Like the Nasdaq, the S&P 500 has also logged six green monthly candles in a row. The monthly support near 4,800 remains far too distant to matter in the current momentum-driven rally. On the weekly timeframe, the nearest key level is around 6,350, which again sits comfortably below current prices. However, both the daily and 4-hour charts highlight 6,551 as the critical support level. Seeing the same number across multiple timeframes adds weight to its importance. As long as the S&P holds above 6,550, the bullish bias remains intact. Buy the Dip Remains the Winning Strategy The market has rewarded one strategy again and again: buying dips while above key support levels. Traders will keep leaning on this playbook until it stops working. Only when buy-the-dip fails repeatedly will momentum shift and a potential top take shape. Until then, the market continues rewarding those who stay with the trend rather than trying to fight it. Conclusion: No Top Until Support Breaks So, where is the top in U.S. stocks? For now, the market has not given traders a reason to call one. Nasdaq 100 (NAS100): Watch 24,000 S&P 500 (US500): Watch 6,550 As long as prices remain above these levels, the bullish trend is intact, and dips are buying opportunities. A decisive break below them, however, could finally signal that momentum is stalling and that a top may be forming. Instead of guessing at a top, let the market show you. Until support levels break, U.S. stocks remain in buy-the-dip mode. </center Get some more insights – Mastering Retracements in Trading Index Trading Take a FREE Trial of The Amazing Trader – Charting Algo System The post Here Is the Top in U.S. Stocks? appeared first on Forex Trading Forum.

The price of Ethereum had quite a rough performance over the past week, falling from its usual range above the $4,600 level to below $4,500. Despite the injection of bullish momentum into the market by the US Federal Reserve’s interest rate cut, the “king of altcoins” failed to sustain its rally back to the $4,600 region. According to the latest on-chain data, the Ethereum price could be gearing up for an even longer time in the cold, as investors seem to be turning away from the second-largest cryptocurrency by market cap. The question, though, is how deep the price of ETH will fall in the coming weeks? ETH Price At Risk Of Return To $1,500? In a recent post on the social media platform X, pseudonymous crypto analyst Darkfost revealed that the Ethereum investors might be flooding out of the market at the moment. This observation is based on the recent downturn in the ETH Taker Buy-Sell Ratio on the world’s largest crypto exchange by trading volume. The Taker Buy-Sell Ratio is an on-chain indicator that compares the proportion of the taker buy volumes to the taker sell volumes on crypto exchanges. When the value of this metric is greater than one, it signals that the taker buy volume is higher than the taker sell volume on a crypto exchange. This trend typically points to the willingness of more traders to purchase coins at a higher value on the trading platform. Meanwhile, a less-than-one value for the Taker Buy-Sell Ratio typically means that the taker sell volume is higher than the taker buy volume on the exchange. Ultimately, this low value indicates that more sellers are offloading their assets at a lower price, precipitating bearish pressure in the market. According to data from CryptoQuant, the Ethereum Taker Buy-Sell Ratio fell below the 1 threshold to around 0.87 on Friday, September 19. This latest decline marked the third time this metric has fallen this low so far in 2025. As observed in the above chart, Darkfost noted that the indicator fell as low as 0.85 in January and February 2025. This ratio decline coincided with the bearish trend, during which the price of Ethereum fell to around the $1,500 region. As of the time of publishing their post on X, Darkfost revealed that the 7-day average of the Taker Buy-Sell Ratio stood at 0.93, which is still short of the 1 threshold. The on-chain analyst concluded that while the Ethereum price is looking to break above the $5,000 milestone, more investors seem to be increasingly betting against the altcoin’s rally. Although it is highly unlikely to see a downturn similar to the one in 2025’s first quarter, the latest on-chain events suggest that the price of ETH could still face some bearish pressure in the coming weeks. Ethereum Price At A Glance As of this writing, the price of ETH stands at around $4,475, reflecting a mere 0.4% leap in the past 24 hours.

Elton John has said goodbye to the yellow brick road – but not to the yellow metal, which is a big part of his life as the new short film “Touched by Gold” shows. Released this week by the World Gold Council, the free online movie explores the English pop star’s relationship with the precious metal, from his art to his health. “Gold is used in pacemakers,” John said while describing being fitted with one of the devices in 1999. “[Gold] is highly conductive which makes it perfect for carrying electrical signals to the heart. I was astonished. It made me feel good about it. So gold is used for things other than glamourization and beautiful objects!” The release of the film with the “Rocket Man” singer coincides with spot gold rocketing to a historic high of $3,707.40 per oz. on Wednesday. This extends a nearly 18-month increase in the metal’s price driven by geopolitical tensions, inflation and the weakening of the US dollar. Precious knees, tests Gold has also become part of John’s knees, in a sense. After he had both kneecaps replaced last year, he hired a jeweller to fit his right kneecap into a gold pendant for a necklace. His left kneecap went into a flowery golden brooch. The star’s philanthropic work, such as his founding of the Elton John AIDS Foundation in 1992, further reveals gold’s positive contribution to human health. Early in the AIDS epidemic in the 1980s, HIV and AIDS testing involved weeks of clinic visits before results were known. Testing had improved by 2012, when rapid self-care kits that could give results in less than 30 minutes became widely available. “Gold was used in rapid HIV tests,” John said. “In some tests, the red lines represent gold nanoparticles. I would never think gold could be helpful to a pacemaker or microphones or an HIV test. It has incredibly helpful uses to millions and millions of people.” Gilded sound While John confesses in the film that he’s not the most technically minded musician, he said one of the few items he requires in the studio is a good microphone. He was surprised to learn that even microphones have a connection to gold. “Some of the best studio mics use a gold-coated diaphragm inside to capture the fullest range of my voice. It’s a fascinating thing and I never would have known that,” he said. Golden Superman Before he retired from touring in 2023, one of John’s last shows took place at the Glastonbury Festival in southern England. Holding an old Elvis Presley album showing the star wearing a gold lamé suit, John explained that he had a similar one custom made for Glastonbury. “You feel like Superman [wearing that], he said. “That suit had more impact than any other suit in my career.” Fed cut bumps gold Closer to Earth, gold investors continue to watch interest-rate decisions closely. While spot gold prices initially rose following the United States’ Federal Reserve’s 0.25% interest rate cut on Wednesday, the market became cautious after Fed chair Jerome Powell said it was a “meeting-by-meeting situation,” BMO Capital Markets analysts Helen Amos and George Heppel said in a note on Friday. The US Dollar Index (DXY), which tracks the dollar against other major currencies, also rose back above 97. With gold’s value often moving opposite to the US dollar, the index serves as an important gauge for miners and investors tracking gold demand. Ryan McIntyre, a senior managing partner at Sprott, said Friday the precious metal has absorbed Wednesday’s rate cut. Minneapolis Fed President Neel Kashkari backed Powell’s decision and implied there could be two more cuts this year, which could further support gold prices. “We remain constructive on gold given heightened geopolitical and economic uncertainty, alongside its growing role as a strategic reserve asset for both institutional investors and sovereign nations,” McIntyre said. Secure your wealth today — buy gold bullion directly through our trusted partner, Sprott Money.

MetaMask’s long-anticipated token could launch earlier than many expect, according to ConsenSys CEO and Ethereum co-founder Joe Lubin. Here’s everything you need to know so far about the upcoming Metamask coin. In an interview with Block this week, Lubin confirmed that the self-custody wallet used by more than 100M people a year will introduce a token to support decentralization of parts of its ecosystem. Lubin did not reveal a launch date, ticker, or distribution details. Community speculation often refers to the token as “MASK,” though that ticker already belongs to Mask Network. ConsenSys has previously warned users to be cautious of phishing attempts and fake airdrops, underscoring that no official eligibility criteria or snapshot date have been published. The market reaction reflects uncertainty. Prediction platform Myriad Markets currently predicts only a 32% chance of launch before Nov. 1. (Source – Myriad Markets) On Polymarket, bettors assign a 46% probability that the token will appear before year-end, while many expect a 2025 debut. (Source – Polymarkets) Lubin’s remarks are the clearest public signal yet that MetaMask is moving forward with its own asset. But until formal details emerge, the timing, mechanics, and potential uses remain unknown. DISCOVER: 20+ Next Crypto to Explode in 2025 What Is MetaMask USD (mUSD) and Why Was It Audited? Consensys introduced MetaMask in 2016 as part of its Ethereum product suite, and the company has owned the wallet fully since its launch. When Consensys raised $7Bn in its Series D funding round in 2022, MetaMask and Infura were cited as the primary revenue drivers. Both were presented as central business products rather than outside investments. In August, ConsenSys Diligence published an audit of the security of MetaMask USD (mUSD), a stablecoin contract that is supposed to interface with the MetaMask ecosystem. As described in the review, it had controls, including pausability, freezing, and forced transfers, and used the M0 framework. Although mUSD is not a governance token, the audit indicates that the company has been busy developing wallet-native asset infrastructure. MetaMask has also warned users about fraudulent “snapshot” or “airdrop” claims. The team advises against connecting wallets or signing transactions on unofficial claim sites, urging users to rely only on the MetaMask blog, support hub, and verified social accounts for announcements. It must also be mentioned that further on, MASK is already called Mask Network, and it is an independent project that has nothing to do with MetaMask. Exchange listings and speculative tokens are recommended to be treated with care by traders until Consensys can release official information. In the meantime, the US Securities and Exchange Commission sued Consensys in June 2024 regarding the swaps and staking functionality of MetaMask. The case result might influence the manner in which and the timing of the company’s undertaking any token launch. The case of Consensys versus the SEC has resulted in the agency facing legal challenges in court, which can already cause a far-reaching impact on cryptocurrency regulation in the United States. DISCOVER: 9+ Best High-Risk, High-Reward Crypto to Buy in September 2025 Join The 99Bitcoins News Discord Here For The Latest Market Updates The post Everything to Know For New MetaMask Token appeared first on 99Bitcoins.

This week, in Africa crypto news, Circle, the issuer of USDC, is backing a fund and has seeded $20M to accelerate the growth of blockchain startups on the continent. Circle is a big player in crypto and a public company. CIRCL stock has been under increasing pressure as the stablecoin scene heats up. (Source: CIRCL, TradingView) Meanwhile, in South Africa, the government is adopting new laws to enable smooth crypto taxation. The government seeks to comply with CARF standards, touching on international crypto tax disclosure. South Africa is crypto-receptive and has been warming up to crypto with supportive regulations that foster growth. In Nigeria, Fintech and crypto startup Kredete has raised $22M to boost its international expansion drive. With crypto finding adoption in Africa, this raise will go a long way in improving financial inclusion, allowing even more users to invest in some of the best meme coin ICOs. DISCOVER: The 12+ Hottest Crypto Presales to Buy Right Now Let’s look at these stories making continental headlines this week: Africa Crypto News: Circle Backs A $20M Blockchain Fund To Support Startups Circle, the issuer of the second-largest USD tracking stablecoin, USDC, is backing a $20M blockchain fund, CV VC, to boost the digital asset space in Africa. Based in the Cayman Islands, CV VC will target early-stage blockchain startups that facilitate payments and data infrastructure in the region. The startup sought to optimize this market and even introduced credit scores for users to access other financial services. The platform has also introduced a stablecoin-backed debit card, usable in 40 countries on the continent. The latest haul brings Kredete’s total raised amount to over $24M. The platform has shown remarkable growth in its two years of operations. It will now look to Europe, the UK, and Canada for further growth. DISCOVER: 10+ Next Crypto to 100X In 2025 Africa Crypto News: South Africa Tax Compliance, Circle CV VC Africa crypto news: Circle Ventures backs CV VC, a $20M blockchain fund Nigeria crypto news: Kredete raises $22M for expansion South Africa crypto news: Government seeks to comply with CARF regulations The post Africa Crypto News Week in Review: Circle Backs African Fund, South Africa Adopts Crypto Tax Laws, Kredete Raises $22M appeared first on 99Bitcoins.

XRP grabbed fresh attention after two well-known chart analysts outlined bullish setups that could push the token much higher if the current momentum holds. According to Javon Marks and Ali Martinez, technical signs are lining up for a possible strong move, but traders are watching whether key resistance levels give way. Analysts See Breakout Potential Trader Javon Marks posted a chart showing what he called a large accumulation pattern. Based on his view, XRP could climb by 226% to reach $9.90, and if that zone is cleared the path to $20 could open. Marks compared today’s price structure to prior long swings that led to sharp gains after extended sideways periods. Based on reports from Martinez, the TD Sequential on the four-hour chart flashed a buy signal. That indicator is used by many traders to spot when a trend may stop and reverse. Martinez said recent consolidation improved the odds for buyers, and that the shorter-term trend now favors upward movement. Both analysts emphasized patterns and indicators rather than a fixed timetable for any rally. Institutional Moves Add Liquidity Reports have disclosed that the first US spot XRP ETF began trading this week, a development many see as a sign of growing institutional access. At the same time, the CME Group has plans to launch futures options for XRP and Solana, which could bring more professional traders and deeper liquidity. Tokenized fund plans on the XRP Ledger have also surfaced; those funds would trade like tokens and give investors regulated exposure with faster settlement, according to sources. Market reaction has been cautious. XRP has been holding above $3, but price action slowed as it neared resistance. Traders are now watching whether the token can push beyond the next supply zone or retreat back into consolidation. Carbon Market Could Create Demand Meanwhile, there is a separate line of discussion that links XRP to tokenized carbon credits. Based on a Precedence Research projection cited in reports, the carbon credit market could expand from about $933 billion in 2025 to more than $16 trillion by 2034. Other research pointed to the carbon offsets segment being around $1.06 trillion in 2023 and possibly rising past $3 trillion by 2032. If tokenization of credits gains scale, those working on market plumbing say fast, low-cost rails could be useful. The XRP Ledger is reported to be carbon neutral, which supporters argue could make it an attractive option for moving tokenized credits. Still, this is a hypothetical demand case and no clear model ties that potential directly to a specific XRP price level. Featured image from Meta, chart from TradingView

Asian crypto momentum is in full swing. Regulators are warming up to exchanges, and banks and fintechs are exploring tokenisation. The entire region is looking like a serious playground for digital assets. Here’s what transpired this week in the Asian crypto landscape. bitcoinPriceMarket CapBTC$2.31T24h7d1y Vietnam Gears Up For A Crypto Exchange Debut Vietnam has emerged in the Asian crypto landscape as a promising destination for crypto enthusiasts in the last few years. The country recently greenlit a pilot program for cryptocurrency exchanges under Resolution 05/2025, Vietnam’s legal framework for piloting a regulated crypto trading market over five years. The framework mandates that firms must hold a minimum of $68M (VND 10 trillion) in charter capital and requires 65% institutional ownership. Banks, securities firms, insurers, or tech companies will hold the remaining 35%. As a result, there’s been a flurry of activities from financial institutions. Onigiri Capital is aimed at early-stage companies building payment tools, tokenisation platforms, stablecoins and decentralised financial infrastructure. Particularly, it focuses on connecting US developers to Asian markets. Fund managers underscored that many US-based entities struggle to navigate the regulatory and institutional complexities of the Asian crypto landscape. Noting the growing importance of Asia in blockchain finance, Onigiri Capital offers access to local networks across Japan, Singapore, Indonesia, Korea, Malaysia and the Philippines. EXPLORE: 9+ Best High-Risk, High-Reward Crypto to Buy in 2025 Key Takeaways Vietnam launched a pilot program for cryptocurrency exchanges under Resolution 05/2025 India mandates all crypto service providers in the country to undergo cybersecurity audits Japan’s Credit Saison launched $50M fund to back US expansion in the Asian crypto landscape The post Asian Crypto Landscape This Week: India Audits, Japan Facilitates Expansion, Vietnam Dubuts Crypto Exchange appeared first on 99Bitcoins.

Wall Street may be taming Bitcoin’s mood swings, turning BTC USD a little more like a major forex pair. Bitcoin held near $115,700 on Sunday, Sept. 21, as a growing question took center stage: is TradFi steadying Bitcoin’s swings or changing their shape? The debate picked up after fresh inflows to the largest US spot Bitcoin ETF and new remarks from Michael Saylor. In a Saturday interview on the Coin Stories podcast, Saylor said calmer price action helps, not hurts: “You want the volatility to decrease so the mega institutions feel comfortable entering the space and size.” He called it a normal “growing stage” as products and liquidity deepen. On the derivatives side, CME said crypto options notional open interest hit a record $7.1Bn on Sept. 9, led by Bitcoin contracts, evidence that hedging tools for bigger players keep expanding. Price has carved higher lows above $115,000 while the weekly RSI recently made lower lows and is now increasing. That mismatch often signals trend continuation, not reversal. Buyers held the rising base around $114,000-$115,000, showing sellers couldn’t push a deeper correction. RSI has bounced from a downward trendline near the mid-50s, adding momentum back into the move. (Source: X) The near-term test is $120,000, and the ceiling of the recent weekly closes. A decisive close above it would put $128,000-$130,000 in play, where the prior supply sits. Bulls argue the setup could fuel a fresh Q4 advance if strength builds through that band. For now, the structure remains constructive: steady accumulation at higher levels, improving momentum, and a clear line in the sand. Holding the $114,000-$115,000 shelf keeps the signal intact. Losing it would weaken the case and delay any breakout. DISCOVER: 9+ Best High-Risk, High-Reward Crypto to Buy in September 2025 Join The 99Bitcoins News Discord Here For The Latest Market Updates The post Will TradFi Kill BTC USD Volatility? Lessons on Maturation From Forex? appeared first on 99Bitcoins.