Redator

Strategy’s long-running bet on Bitcoin remains at the heart of the debate over the asset’s place in finance. Based on reports, the firm now holds more than 638,500 BTC, a stake that Saylor has said is worth “tens of billions” of dollars. That stockpile has shaped both the company’s identity and Michael Saylor’s public message since Strategy began buying Bitcoin in 2020. Saylor Predicts Long Run Outperformance According to Saylor’s recent interview on Coin Stories, Bitcoin will outperform the S&P 500 “forever.” He went further, saying the S&P 500 would lose nearly 29% each year when measured against Bitcoin for the next 21 years. Those are among the most aggressive public forecasts he has voiced. He also pointed to Bitcoin’s returns over the past 10 years as proof that the gap already exists. Saylor Frames Bitcoin As Digital Capital And New Collateral Based on reports, Saylor described Bitcoin as a form of “digital capital” that could be used to back loans and other credit instruments. He argued that a fixed supply and decentralized network give Bitcoin a more predictable long-term path than fiat money. Policy action is part of his effort. Meetings with other crypto executives, including talks about a strategic Bitcoin reserve bill, were mentioned as steps toward making the asset more widely accepted in finance and policy circles. Claims About Fiat And Collateral Face Real Tests Saylor contrasted Bitcoin with the US dollar and with conventional collateral, saying currencies suffer from long-term depreciation tied to inflation and central bank policy. But critics point to Bitcoin’s price swings and regulatory uncertainty as real obstacles to using it as stable collateral. Some risk would be built into any credit product that leans heavily on a volatile asset. These concerns have been raised by market participants and remain part of the public record. Strategy’s Corporate Path And Index Eligibility Saylor explained why Strategy is not yet in the S&P 500. He said the company needed changes in fair value accounting and sustained profitability before it could be considered. Reports show the company only began its major Bitcoin purchases in 2020 and has since anchored much of its corporate strategy to the coin. That strategy continues to shape investor views of the company’s earnings and balance sheet. Featured image from Unsplash, chart from TradingView

Crypto pundit and legal expert Bill Morgan has humorously predicted that the XRP price will drop below $3. He ironically alluded to a series of bullish developments as what would contribute to the price crash. XRP Price To Crash Below $3 Amid Bullish Developments In an X post, Morgan predicted that the XRP price would drop $3 as he joked about how the altcoin keeps dropping despite bullish developments. This came as he highlighted Ripple’s partnership with DBS and Franklin Templeton to provide a trading and lending solution, powered by tokenized money market funds on the XRP Ledger and in stablecoins such as RLUSD. Prior to his prediction, the legal expert had also highlighted how the XRP price was down despite “all the good news,” which included the launch of the REX-Osprey XRP ETF. The ETF became the first U.S. fund to offer investors spot exposure to XRP. Morgan also alluded to the CME Group’s announcement of plans to launch options on XRP futures on October 13. Meanwhile, the Federal Reserve lowered interest rates for the first time this year, a development that was expected to be bullish for the XRP price. However, despite these developments, the crypto pundit noted that the XRP price was still down. He stated that it felt like “Déjà vu,” pointing to the period between 2018 and October 2024. Meanwhile, in another X post, the crypto pundit joked that he was afraid to post more good news over fear that the XRP price may keep declining. This came in reference to Coinbase’s announcement that in just one month, the Solana and XRP Perpetual-Style Futures have scaled exponentially. The crypto exchange announced that these futures have generated over $1.9 billion in notional volume, with more than 1.6 million contracts having been traded. “No Mystery” In Why XRP Is Down Bill Morgan eventually admitted that there is no mystery in why the XRP price is actually, noting that it was because of the Bitcoin price rather than all the “good news” he had earlier alluded to. He further remarked that this overwhelming reality and the most significant factor in the XRP price movement, which is heavily correlated with the BTC price dynamics. The legal expert added that this is consistent with Ripple’s expert evidence in the SEC vs. Ripple lawsuit. Crypto analyst CasiTrades also noted that the XRP price is taking a hit alongside Bitcoin and that because the altcoin failed to make a new local high, the door is open for a deeper correction. She stated that the altcoin could drop to between $2.92 and $2.94 as this aligns with both the .618 retracement and the measured C-wave extension. At the time of writing, the XRP price is trading at around $3, down in the last 24 hours, according to data from CoinMarketCap.

Highlights include US PCE, SNB, Flash PMIs, Aussie and Tokyo CPI Interest rates MON: PBoC LPR, EZ Consumer Confidence Flash (Sep) TUE: Riksbank Announcement, EZ/UK/US Flash PMIs (Sep) WED: CNB Announcement, Australian CPI (Aug), German Ifo Survey (Sep) THU: SNB Announcement, Banxico Announcement, BoJ Minutes, PBoC MLF, German GfK Consumer Sentiment (Oct), US Durable Goods (Aug), US GDP (Q2), US PCE (Q2) FRI: Japanese Tokyo CPI (Sep), US PCE (Aug), US University of Michigan Final (Sep) PBOC LPR/MLF (MON/THU) The PBoC is expected to leave its Loan Prime Rates unchanged for the fourth consecutive month, with the 1yr and 5yr rates seen steady at 3.00% and 3.50%, respectively, according to a Reuters survey of 20 respondents. The decision follows the PBoC keeping the seven-day reverse repo rate steady after the Fedʼs recent 25bps cut, with officials previously signalling that any adjustment to LPRs would only follow changes in the policy rate. Desks note that recent activity data showed broad weakness, raising calls for additional stimulus, albeit market watches cited by Reuters suggest resilient exports and a stock market rally have eased immediate pressure for stimulus. That being said, some desks suggest a non-zero chance of no action. Macquarie suggests incremental measures remain likely to secure the governmentʼs “around 5%” growth target, with a 10bp rate cut possible by year-end. Barclays, meanwhile, remains cautious on the size of fiscal support should the US-China trade truce hold RIKSBANK ANNOUNCEMENT (TUE) There is currently no newswire consensus ahead of the Riksbank decision, so taking a look at SEB, analysts expect the Bank to reduce its policy rate by 25bps to 1.75% (prev. 2.00%). Though it is worth highlighting that a SEB survey showed that the majority of respondents (64%) expect the Riksbank to keep rates steady in September, favouring a November cut instead. As a reminder, the Riksbank kept rates steady at the last meeting, as expected, and outlined that there was still some probability of a further interest rate cut this year, in line with the June forecast. Back to this meeting, inflation cooled a touch in August, with the core CPIF Y/Y metrics falling to 2.9% from 3.2%, and by more than the expected 3.1%. SEB highlights that while the metrics remain elevated, there are hints that the Riksbank was correct to suggest the summer upticks were driven by temporary factors. Inflation aside, economic activity data continues to remain weak, but there are some signs of recovery; the latest unemployment rate cooled slightly from the prior to 8.7%, GDP was weak, and consumer confidence is beginning to show signs of recovery. Overall, SEB favours a 25bps cut, suggesting that the cooling inflation plays in favour of a cut, though Nordea focuses on elevated inflation and recovering economic activity data, as justification for a hold. Further out, focus will be on the Bankʼs updated rate path. Currently, the MPR for Q4ʼ25 points to some chance of a further rate cut. If delivered in September, more focus will be on the path pencilled in for Q1/Q2ʼ2026 (currently 1.88%). EZ FLASH PMI (TUE) Expectations are for Septemberʼs manufacturing PMI to rise to 51.0 from 50.7, services to hold steady at 50.5 and the composite to tick higher to 51.2 from 51.0. As a reminder, the prior release saw the composite PMI metric move further into expansionary territory with the pace of expansion ticking up to a one-year high. This time around, Oxford Economics notes that the data “should offer a more complete picture of what growth looked like during Q3”. The desk adds that it expects “a small improvement in the Eurozone numbers, although at current levels, the PMI still suggests a weak pace of GDP growth. We think manufacturing activity will be slightly stronger than services, although with both measures close to the 50-point threshold, the difference is minimal, and growth is weak in both sectors”. From a policy perspective, with the ECB standing pat on policy earlier this month and the Governing Council judging that inflation is consistent with its target over the medium term, the data would need to show a sizeable deterioration to put the prospect of further rate cuts back on the table. As it stands, markets price just 4bps of loosening by year-end. Source: Try Newsquawk free for 7 days UK FLASH PMI (TUE) Expectations are for Septemberʼs services PMI to decline to 53.9 from 54.2, manufacturing to slip to 46.9 from 47.0 and composite to slide to 53.0 from 53.5. As a reminder, the prior release saw the August composite metric extend further into expansionary territory thanks to a jump in the services component. The accompanying report noted the data indicated “that the pace of economic growth has continued to accelerate over the summer after a sluggish spring, the rate of expansion now at a oneyear high”. This time around, analysts at Investec expect a sideways movement in the manufacturing PMI on account of caution ahead of the November budget. For the services sector, the desk also expects potential upcoming fiscal concerns to weigh on sentiment and sees a decline to 53.5, which would leave the composite at 53.0. Investec cautions that such an outturn would not “not necessarily carry a strong message for official value-added data”, noting that the correlation between the composite PMI and month-on-month GDP growth is far from perfect”. From a policy perspective, with inflation set to rise to 4% in September, the release will likely have little sway on BoE easing expectations, with just an 8% chance of a 25bps reduction in November priced by markets as policymakers await the Autumn budget later in the month. AUSTRALIAN CPI (WED) The August Monthly CPI Indicator is expected to rise to 2.9% Y/Y (prev. 2.8%), with Westpac seeing a firmer 3.1%, citing base effects. July CPI saw an upside surprise at 2.8% Y/Y (vs. exp. 2.7%), driven by a 0.9% M/M increase led by electricity, new dwellings, and holiday travel. Westpac suggests that for August, electricity costs in NSW and the ACT are set to ease as rebates are applied, partly offsetting further increases elsewhere, with the desk pencilling in a 3% rise in power prices. Overall, Westpac estimates headline CPI will lift just 0.1% on the month, pushing the annual pace higher to 3.1% Y/Y. “There is a high degree of uncertainty, with the recovery in homebuildersʼ margins a notable upside risk”, Westpac says. SNB ANNOUNCEMENT (THU) Interest rates Expected to maintain the policy rate at 0.0%, after cutting to the ZLB in June. Augustʼs inflation data was in line with market expectations for the Y/Y at 0.2% (prev. 0.2%) vs the 0.1% average the SNB looks for over Q3. Thus far, the trend of inflation is slightly hotter than the SNB forecast, and while the August M/M came in at -0.1%, this has happened before in recent months, with the SNB not significantly concerned on those occasions. Most pertinently, Chairman Schlegel has said the bar is high to go into negative territory, but they would do so if it were really necessary. During that interview, he also said the real appreciation of the CHF is not as significant as it appears, given the global price backdrop. Overall, the base case is for rates to be maintained at 0.00% with markets implying just a 5% chance of a cut into negative territory, with the focus more on December to see how the pricing picture has developed by then; but a number of desks are now of the view that the SNB is at the terminal point. Source: Try Newsquawk free for 7 days BANXICO ANNOUNCEMENT (THU) Interest rates Banxico is expected to cut rates by 25bps to 7.50%, according to all 24 analysts surveyed by Reuters. At the prior meeting, Banxico cut rates by 25bps to 7.75%, with Heath a hawkish dissenter, and the Committee noted the board will assess further adjustments to the reference rate. Since then, Mexicoʼs August CPI points to inflation that is softer at the headline level but still underpinned by stubborn core pressure, and as such, Pantheon Macroeconomics expect gradual disinflation to resume, with core ending 2025 near 3.9%, vs. Banxicoʼs projection of 3.7% in the prior meeting, anchored by tight financial conditions, weak demand and a firm MXN. Despite saying that, core inflation, particularly services, is proving resistant to faster disinflation, and PM adds that rising wages are feeding into services costs, limiting Banxicoʼs scope to accelerate easing. As such, Pantheon thinks rate cuts will continue at a 25bps pace in the coming meetings, with sticky core prices preventing a more aggressive stance. As always, attention will be on any commentary surrounding tariffs, given Mexicoʼs vulnerability to US measures. In the last week or so, the Mexican Economy Minister stated that a new tariff will be put on light vehicles and auto parts; raises tariff on cars from Asia, particularly from China, from 20% to 50%. TOKYO CPI (FRI) There are currently no forecasts for the Tokyo CPI, which precedes the Nationwide figure. Tokyo CPI Y/Y printed at 2.6% last month, with the Core Y/Y at 2.5%, and the “super core” Y/Y at 1.5%. The data will be watched ahead of the BoJ’s October 30th rate decision after Governor Ueda emphasised that the central bank will be watching data for effects from US tariffs, although he noted several times that the economy is withstanding the current tariff impact. On inflation, the governor noted the impact of rising food prices, including rice, is likely to dissipate, noting that while underlying inflation remains below 2%, it is approaching that level. He emphasised the importance of closely monitoring household inflation expectations, though he does not view the recent decline in short-term expectations as a concern. Ueda added that the latest CPI data is consistent with the Bankʼs outlook, and while food price inflation is not expected to have a large effect on underlying inflation, there remains a risk. He also acknowledged that higher inflation can negatively affect livelihoods, underscoring the need for vigilance. US PCE (FRI) After the PPI and CPI report for August, analysts were predicting Core PCE could see a rise between 0.28 and 0.35% M/M (vs 0.27% in July), according to the WSJ’s Fed watcher Nick Timiraos. He noted that the gap between core PCE and core CPI widened in August as prices for items with higher PCE weight fell, even as CPI core prices rose. Fed Chair Powell himself signalled that headline PCE will be at 2.7% Y/Y in August (vs 2.6% in July) and said goods inflation was adding between 0.3-0.4ppts to PCE inflation. Powell expects the core PCE in August to be at 2.9%. At their latest policy meeting, the Fed kept its median forecast for headline PCE at 3.0% in 2025, but raised 2026 to 2.6% from 2.4%, while maintaining 2027 at 2.1%; for the core measure, the Fed maintained its view for 3.1% in 2025, easing to 2.6% in 2026 (vs its June forecast of 2.4%), and then to 2.1% in 2027. Analysts at Barclays wrote that “with a core PCE inflation likely to print around 0.21% M/M for August, such projections imply that the median FOMC participant expects core PCE inflation to accelerate to around 0.27% M/M from September to December, likely as a result of tariffs.” However, the bank notes that officials raising inflation projections for 2026 presumably reflect more persistent effects of tariffs on inflation. The FOMC sees inflation returning to target in 2028. Others have also been noting that the Fed’s September policy statement reiterated that it is attentive to the risks on both sides of its dual mandate, but “judges that downside risks to employment have risen”, suggesting its focus is pivoting to the labour side of its mandate, rather than inflation. Copyright © 2025 Newsquawk Voice Limited. All rights reserved. Registered Office One Love Lane, London, EC2V 7JN, United Kingdom · Registered Number 12020774 · Registered in England and Wales. newsquawk.com · +44 20 3582 2778 · info@newsquawk.com Check out Economic Data Calendar The post Newsquawk Week Ahead: Highlights 22-26th September 2025 appeared first on Forex Trading Forum.

The Elon Musk-owned X social media platform has gone public with claims that a bribery network tried to pay its staff to bring back suspended crypto accounts. According to the company, middlemen acted on behalf of banned users, offering money to insiders in hopes of overturning account suspensions tied to scams and market abuse. Bribery Network And Methods Based on the company posts and follow-up reporting, the scheme did not involve direct contact between banned users and staff. Instead, intermediaries were paid to make offers and set up meetings with employees. Reports have disclosed that the operation targeted accounts tied to crypto fraud and coordinated manipulation. Some outlets say the network is linked to a wider cybercriminal group known in reporting as “The Com.” The Scale And The Links Law enforcement and platform teams are now looking into how broad the effort went. X’s Global Government Affairs team said it had identified multiple attempts, but did not list names or say how many staff were approached or whether any account was actually restored because of payments. Reports also connect the scheme to other online spaces; investigators say similar tactics have been used against other social services and gaming communities. Legal Action And Internal Review Based on reports, X has opened legal proceedings against people tied to the network and is working with outside authorities to share evidence. The GGA also says it will step up internal checks and audits to reduce the chance of employee collusion. At this stage, public filings or indictments have not been posted; the investigations are ongoing. Numbers And Context The platform has said it suspended hundreds of millions of abusive accounts in recent months — a figure some posts put at 335 million — as it moved to curb scams and bad actors on the site. Broader industry reports also note large losses from crypto phishing and fraud in recent periods, though those totals come from different compilations and are not tied directly to the bribery ring described by X. What This Means For Users For everyday users, the key risk is that banned accounts tied to scams could be brought back if internal controls fail. Reinstated scam accounts can spread phishing links, false giveaways, and other fraud quickly. Reports say X is trying to limit harm by pursuing wrongdoing in court and tightening how account actions are approved. Featured image from Unsplash, chart from TradingView

The US dollar fell through the first part of last week and lows for the year against sterling G10 currencies were set in the initial reaction to the rate cut by the FOMC. However, Chair Powell press conference and a look at the Summary of Economic Projections were not as dovish the rate cut and concerns about the deterioration of the labor market seemed to suggest. US yields rose and the dollar recovered, with new highs for the week seen ahead of the weekend. There appears to be scope for additional near-term modest US dollar gains. They should be understood as corrective in nature. Given that the thunder from PCE deflator has already been stolen by the CPI and PPI, and the dispersion of Fed views, the focus may not be so much on US data as the 14 (of 19) Fed officials who will be speaking next week, including Chair Powell on Tuesday, September 23. The preliminary September PMI may be more important for Europe than the US, Japan, or Australia, but the bar to another ECB rate cut seems high. The two hawkish dissents from the BOJ's decision to stand pat encouraged the market to nudge up the odds a hike this year to about 72% from about 62% at the end of last week. It is the highest since late August. And the small rise in the Tokyo CPI, the first in four months, may push on the open door. US Drivers: The dollar remains most sensitive to changes in US interest rates. Encouraged by the latest Summary of Economic Projections, the market has a rate cut fully discounted for next month and about a 75% chance of a cut at the December meeting as well. Yet, the pendulum has swung quite far, and until at least the next jobs report (Oct 3), it is hard to see the chances of a faster pace. As has often been the case, the market had one reaction to the Fed's statement and another to Fed Chair Powell's press conference. In the week ahead nearly 3/4 of Fed governors and regional presidents will speak. Keep in mind the wide dispersion of views. Powell speaks on Tuesday. Data: There are US economic reports due every day in the week ahead. Two reports stand out and they are both in the second half of the week. Thursday sees a slew of data at 8:30 ET and given the tariffs the advance goods trade figure will draw interest, and the following day, personal income, consumption, and deflators are due. If job growth has been dramatically overstated, it would seem to imply income would have also likely been exaggerated, the fuel for consumption. Personal income rose by an average of 0.4% a month in H1 25, the same as in in both H1 24 and H2 24. Personal consumption has slowed. It was flat in H1 25 after rising by an average of 0.2% a month in H1 24 and 0.4% in H2 24. Prices: The Dollar Index eked out a small gain last week to snap a two-week decline. It faces initial resistance in the 97.90-98.00 area. A move above 98.25 could spur a move toward 98.70. The momentum indicators look poised to turn higher. A break below 97.00 would call this constructive near-term outlook into question. EMU Drivers: The US side of the equation continues to be the dominant force. Neither the fifth new French prime minister in two years, nor NATO shooting down Russian drones over Poland deterred the market from taking the euro to new multi-year highs. Putin and Trump suggested was it was a mistake that the drones entered Poland's airspace, and by that they seemed to imply an "innocent" error (Warsaw disagreed). British and French fighter planes were sent to help protect Poland's airspace. Estonia's airspace was violated before the weekend. With the market discounting nearly 50 bp of Fed rate cuts in Q4, a new development may be needed to get sentiment to swing further. Similarly, the US two-year premium over Germany fell to about 150 bp last week, down 50 bp since the end of July, but appears to have found a near-term bottom. Corrective pressures may also support the dollar. Data: The data highlights are Tuesday's preliminary PMI and Thursday's money supply and lending figures. The central bank has made it clear that the bar is high for another rate cut, so the data, which may not typically have much impact on the exchange rate, may have even less. Prices: The euro reversed lower during the Fed's press conference in the middle of last week after setting a new four-year high near $1,1920. It proceeded to weaken and reached about $1.1730 before the weekend. A break of the $1.1720-25 area could signal a move toward $1.1650-60. The momentum indicators appear set to roll over. PRC Drivers: The PBOC continues to gently allow the dollar to fall against the yuan. That is a fact. The explanation for why seems to be guesswork. One idea that has been suggested it is some concession to help pave the way for a Trump-Xi summit later this year. This seems to make it seem as if China has the weak hand. Yet, it has demonstrated that with the current tariffs, it has replaced the lost demand from the US. Previously, the US seemed threatened by Chinese efforts to secure advanced US chip technology. Now it is frustrated that Beijing is deterring companies from buying the new Nvidia chip. China also has dramatically reduced its purchases of US energy and soy. Beijing appears to have found workarounds the US primary and secondary export controls. Beijing has also demonstrated its dominance of the rare earths supply chain. There does seem to be a conscious effort on the part of the US administration not to antagonize China right now. It has turned down a Taiwanese request for several hundred million dollars of weapons and Treasury Secretary Bessent explicitly endorsed the yuan's rise against the dollar this year (~2.5%) and suggested the exchange rate was more a problem for Europe. Data: There is little chance that the loan prime rates will be cut this week. The one-year rate is 3.0% and the five-year rate is 3.50%. They have been cut once this year, in May, by 10 bp. China reports August industrial profits next weekend. It is likely far too early to expect much sign of the campaign against over-investment. We have suggested the over-investment is a rational response to the access to patient bank capital and the formal and informal incentive structure of local governments (or officials). Prices: The dollar recorded the low for the year against the offshore yuan in the middle of last week, near CNH7.1850. As the greenback corrected higher broadly, it recovered to approach CNH7.12 before the weekend. A move above the CNH7.1270 area would target the CNH7.15 area next. Japan Drivers: The exchange rate continues to seem more sensitive to changes in the US interest rates than the interest rate differential or Japanese rates. That said, October 3-4 may be the next key events. The former is when the US September employment report will be released, and the latter is the LDP leadership election. Data: The local market tends not to react much to the PMI. For the record the composite PMI rose in three consecutive months through August, and at 52.0, it matched the high since last August. The market is more sensitive to Tokyo's CPI, due at the end of the week. It is reported several weeks ahead of the national figures but provides a robust signal. Tokyo's headline CPI has fallen for three consecutive months since August. It peaked in January and again in April and May at 3.4%. In August it was at 2.6%. The core rate, which excludes fresh food, also has fallen for three months and is at 2.5%. It finished last year at 2.4%. Both the headline and core are expected to have edged up in September. The two hawkish dissents at the BOJ's meeting last week that left rates steady boosted speculation of a rate hike in Q4. Prices: In the immediate reaction to the FOMC announcement and the drop in US rates, the greenback was sold to a two-month low near JPY145.50, near (50%) retracement of the dollar's rally from the year's low set in April (~ JPY139.90), before recovering smartly. The gains stalled in the JPY148.25-30 area, near the downtrend line connecting the August and September highs. The next technical target is the JPY148.65-85 area, though it is likely predicated on a continued rise in US rates. UK Drivers: The broad direction of the dollar, especially against the euro, appears to overshadow domestic British developments. Still, the exchange rate is also sensitive to changes in long-term UK interest rates, but in a different way than we suggested with the US dollar. In the UK, higher 10- and 30-year yields are inversely correlated with changes in sterling. Data: It is a light calendar week for the UK. The main feature is the preliminary September PMI. It is one of the bright spots. The composite PMI rose to 53.5 in August, the highest since last August. The larger than expected budget deficit reported last week underscores concern about the will likely grow ahead of Chancellor Reeves Autumn Budget in late November. Prices: Sterling's rally that began on September 3, near $1.3335, peaked last week on the FOMC decision near $1.3725. It reversed lower and was sold slightly below $1.3465 ahead of the weekend. It settled near session lows, and the momentum indicators are turning lower. Additional near-term losses are likely. Nearby support may be around $1.3430-35. A convincing break could signal a move back into the $1.3335-65 area. Canada Drivers: The US dollar's general direction appears to be the most important factor for the Canadian dollar. But the Canadian dollar also seemed independently weak. The greenback bottomed against the Canadian dollar on June 16, a couple of weeks before the Dollar Index, the euro, or sterling set their extremes. From the following three months, the Canadian dollar has been the weakest of the G10 currencies, having fallen by about 1.2%. Yet ahead of the weekend, as the greenback strengthened, the Canadian dollar was the best performer, sufficiently so to take the top position among G10 currencies for the week, rising by about 0.50%. Data: The data highlight comes at the end of the week in the form of the July GDP. Canada's monthly GDP contracted every month in Q2. The quarterly calculation showed a 1.6% contraction annualized. That expects explain why the Bank of Canada cut rates last week. The swaps market is discounting about a 55% chance of a hike next month and an 88% chance at the last meeting of the year in December. Prices: Short-term momentum traders appear to have gotten caught the wrong way, and the Canadian dollar recovered from the initial sell-off ahead of the weekend. The greenback initially rose and pushed to CAD1.3825, meeting the (61.8%) retracement of the leg lower from the September 11 high (~CAD1.3890). It reversed lower and fell to nearly Thursday's low (~CAD1.3765). A break of that area could signal a return the recent low near CAD1.3725. That, in turn, could be the neckline of a topping pattern, which if/when convincingly violated, could project back to the low for the year set in July near CAD1.3540. Australia Drivers: Although the Australian dollar and the Canadian dollar have gone in opposite directions this month, the rolling 30-day correlation is robust near 0.70, the lowest in almost two months. It is interesting that inverse correlation (30 days) of changes in the Australian dollar and the US dollar against the offshore yuan has been trending since early August from -0.80 to around -0.40. Data: The PMI tends not to elicit much of a reaction in Australia. Still, the composite PMI is risen sharply from 50.5, the low for the year in May, to 55.5 in August, the highest in at least three years. New orders are also at their highest level in at least three years. In the middle of the week, the August CPI print is due. After falling in May and in June, it jumped to 2.8% in July (from 1.9%). It was the highest since last July. The combination of the two helps explain why the market has retreated from its more aggressive outlook for the trajectory the monetary policy. The year-end rate implied by the futures market is near 3.30%, the highest in nearly four months. Prices: The Australian dollar posted a key reversal last Wednesday by making a new high for the year (slightly above $0.6705) and reversing lower during Fed Chair Powell's press conference and settling below the previous day's low. Follow-through selling took it to around $0.6585 before the weekend. This overshot the (50%) retracement of the rally from the September 2 low (~$0.6485). The next target is the $0.6560-75 area, and then $0.6500-25. The momentum indicators are rolling over, lending credence to corrective view. Mexico Drivers: The peso (and several other Latam currencies) offer attractive interest rate pick-up for dollar-based investors or for short-dollar carry-trades. Mexico's plan to hike the tariff on trade partners with no free-trade agreement (notably China, East Asia, and Russia) will help the negotiations with the US even if President Sheinbaum says that the tariffs are meant to protect domestic jobs. Mexico and Canada are also working toward closer ties. Data: There are two highlights in the week ahead. On Wednesday, Mexico reports CPI for the first half of September, and barring a significant surprise, the central bank will cut its overnight target rate a quarter-point to 7.50%, amid heightened concern about the trajectory of the economy and encouraged by the continued strength of the peso. The swaps market anticipates a terminal rate of 7.0%. We suspect it may be a little lower. Prices: The dollar recorded a new low for the year near MXN18.20 on the Fed's announcement and reversed higher, reaching almost MXN18.3450 before the day was over. Follow-through dollar buying saw it approach the week's high before the weekend a little below MXN18.47. A move above MXN18.50-MXN18.51 would strengthen ideas that a low is in place. The price action suggests some caution ahead the Banxico meeting. Near-term potential may extend into the MXN18.56-60 area. Disclaimer

On Thursday, September 18, the Bitcoin price enjoyed some form of rejuvenation following the outcome of the United States Federal Open Market Committee (FOMC) meeting. Federal Reserve Chair Jerome Powell announced an interest rate cut for the first time in 2025. The general crypto market rallied on the back of this rate cut announcement, with the Bitcoin price running to a monthly high and almost breaking above the $118,000 level on the day. However, the premier cryptocurrency has failed to build on this momentum, retreating to around $115,500 on Friday, September 19. With price unable to sustain a serious rally, the question on the other side is—is the Bitcoin market on the brink of capitulation? BTC Market Shows Zero Signs Of Capitulation In a post on social media platform X, market analytics firm Alphractal revealed that the Bitcoin market is far from price capitulation. According to the blockchain platform, the Bitcoin price has shown no signs of capitulation for over a year—since July 2024. This on-chain observation is based on the Market Capitulation Index (0 – 3), which tracks potential periods of intense downward price movement. This metric is based on three stress signals: Hash capitulation (>30% decline in 30 days), price capitulation (>50% drop), and supply capitulation (7-day active supply >15%), with each signal contributing a point apiece. According to Alphractal, scores of around 2 – 3 for the Market Capitulation Index indicate severe market stress and potential capitulation. Typically, high values for this metric suggest extreme selling pressure. Meanwhile, scores between 0 and 1 signal normal market conditions for the Bitcoin price. Looking at the metric—which is at zero—and the three stress signals, the BTC market does not show any signs of capitulation, with the hash rate hitting new all-time highs in September. Furthermore, while the Bitcoin price has not particularly impressed so far in the past few months, it has mostly been in a consolidation range rather than in a downward trend. Alphractal founder Joao Wedson noted in a separate post that it will likely take a few more months before the largest cryptocurrency market faces capitulation. Ultimately, this means that the Bitcoin price still has a chance of witnessing another leg up in the current bull cycle. Bitcoin Price At A Glance As of this writing, the price of BTC stands at around $115,400, reflecting an over 2% decline in the past 24 hours.

Today, ASTER USD has taken center stage in crypto news after breaking the $1 barrier, thanks to CZ Binance. Yes, the pump is tightly linked to the latest CZ Binance ASTER spotlight, which has turned this new perp DEX into one of the most-watched projects of the month. As we know, CZ Binance himself is known not to post a crypto chart, but he did it with ASTER. Today, ASTER USD jumping over 450% and its trading volume surpassing $739 million (CoinGecko), it’s clear why most crypto news are filled with speculation about whether CZ might redefine the current DeFi landscape, we know Binance has overtook all crypto exchanges. (source – CoinGecko) According to CoinGecko, BTC ▼-0.54% trades at $115K and ETH ▼-1.25% at $4,475, setting a strong market tone. But the real action, arguably, lies in the alt sector—specifically with ASTER USD. The token shot up 370% following CZ’s nod, peaking at above $1 currently. Backed by CZ owned Binance Labs, ASTER could as well overtake Hyperliquid. We know BNB ▲0.69% has just broke four digits. (source – TradingView) DISCOVER: Best Meme Coin ICOs to Invest in Today CZ Binance Shakes Up DeFi With ASTER as It Blasts 1 USD: Will ASTER Flip HYPE? ASTER didn’t just hit 1 USD, it has also smashed through all time high after all time high and pushed its market cap to $1.55 billion. Data from DeFiLlama shows ASTER’s TVL already exceeding 792 million USD. The data shows an impressive feat for a protocol barely out of the gate. With daily perp volume on DeFiLlama sitting at $17 billion, ASTER has a realistic shot at carving out a long lasting niche, “the DEX narrative.” (source – Defillama) Meanwhile, CZ Binance new champion, ASTER, has become a direct challenger to Hyperliquid. While HYPE holds a $15 billion market cap, its flat 0% 24-hour change contrasts sharply with ASTER’s 800% weekly spike. CoinGlass open interest data supports this shift, showing increasing bull pressure on ASTER pairs. (source – Coinglass) The answer? Flipping HYPE is a big possibility if liquidity continues rotating into ASTER, and TVL momentum keeps going, especially with CZ Binance helps. ASTER USD looks less like a flash in the pan and more like a signal of what’s next in DeFi. DISCOVER: 20+ Next Crypto to Explode in 2025 Join The 99Bitcoins News Discord Here For The Latest Market Updates 19 minutes ago ASTER Crypto New All Time High By Akiyama Felix $1.22 (source – ASTER) 26 minutes ago Bitcoin Cycle Could Be Done as BTC USD Price Broke Below $116K; Best Memecoin to Buy Right Now By Akiyama Felix The BTC USD price is slipping under $116,000. It might not seem catastrophic, but it could also be a sign of a bigger shift in the crypto cycle. With BTC price now holding around high 115K USD after failing to sustain momentum above 117K this month, people are thinking that this could mark the end of Bitcoin dominance. The market seems to agree, as macro factors like Fed policy and the BTC USD price appear to be settling into a range instead of continuing its aggressive climb. (source – BTC.D, TradingView) Technical data is giving idea that BTC ▼-0.54% may stabilize in this zone for a while. According to CoinGlass, open interest has leveled off after weeks of decline, and funding rates remain neutral. Liquidations have calmed, falling under $350 million in the past 24 hours, which is a sign of lower volatility. (source – Coinglass) Bitcoin still holds a $2.3 trillion market cap, but dominance has slipped, and that’s where usually crypto gets interesting. The conditions of flat price action, neutral sentiment, and waning dominance, most likely precede altcoin rotations. And right now, that rotation could be pointing squarely toward the memecoins sector. bnbPriceMarket CapBNB$148.76B24h7d1y DISCOVER: Best Meme Coin ICOs to Invest in Today Read the full story here. The post Latest Crypto Market News Today, September 20: CZ Binance Hyperliquid Killer Broke 1 USD | ASTER Crypto to Flip HYPE? appeared first on 99Bitcoins.

BitMine Immersion Technologies has added nearly $70 million worth of Ethereum to its holdings, pushing the company’s ETH stash to a value near $8.66 billion. Based on reports, the purchases were made through Galaxy Digital’s over-the-counter desk and arrived in several chunks rather than a single block. Purchase Broken Into Four Tranches The recent buys were split into four settlements: 3,247 ETH ($14.50 million), 3,258 ETH ($14.6 million), 4,494 ETH ($20 million), and 4,428 ETH ($19.75 million). That totals about 15,427 ETH, which sums to roughly $69 million at the prices reported. According to public trackers cited in the coverage, these were likely coordinated OTC trades designed to avoid moving the spot market. How Much Of Ethereum Does BitMine Hold Reports have disclosed that BitMine now holds about 1.95 million ETH. That holding is valued at about $8.66 billion using the same pricing used in the coverage. Analysts tracking corporate treasuries say that corporate and institutional ETH reserves together amount to a few percent of circulating supply, and BitMine is listed among the largest single holders. The figures can look large when compared with total ETH supply, but the share depends on which supply measure is used — circulating, staked, or otherwise locked. Market Mechanics Behind The Move Buying large amounts on OTC desks is common for public companies and big players. It reduces slippage and keeps big orders off public order books. The ETH here moved without obvious price spikes. Some transfers were visible on chain; the private terms of OTC trades usually remain confidential. Based on reports citing blockchain trackers like Arkham, the on-chain flows matched the size and timing described. Risk, Accounting And Strategy Holding vast amounts of a volatile token carries real risks. A sharp fall in ETH would hit BitMine’s balance sheet. At the same time, steady accumulation signals a clear strategic bet on future appreciation. Market observers compare this approach to other firms that hold crypto as part of their corporate treasury, and regulators and accountants will watch how such holdings are reported in quarterly filings. Corporate Accumulation Goes Big Some details remain unclear. Reports cite Arkham and Strategic Ether Reserve as the primary sources, but OTC trades do not reveal full pricing details and the exact terms are often private. Because those settlements happen off-exchange, public records show transfers but not every pricing details. Large holders’ activity tends to attract extra attention when ETH moves sharply up or down. Based on these numbers, the move is one more sign of large corporate accumulation of ETH. Featured image from Unsplash, chart from TradingView

The arguments for the XRP being able to reach $10+ or not have ranged from how high the market cap would have to go, as well as there being too much supply of the token. However, crypto analyst XForceGlobal has debunked it and said that the market cap argument is not valid. In their view, the XRP price is definitely primed for the $10 mark and is only a matter of time before the digital asset reaches this level. Don’t Be Fooled By The Market Cap Argument In a post on the X (formerly Twitter) platform, the crypto analyst warned XRP investors not to be fooled by those who say that the price cannot rise to $10+. Most especially, the argument that the market cap would be too high at this price would be irrelevant. According to the post, the XRP price is expected to actually cross the double-digit mark in the next year. This is because with the triangle breakout that began back in 2024, the XRP price remains quite bullish. Hence, there is still a small window of opportunity where the altcoin could continue its run. Going by the analyst’s chart, in the event of a breakout, the XRP price could quickly rally toward $4 to set a new all-time high. Then through the year 2026, the bullish wave is expected to persist, triggering an over 200% increase to break $10, and eventually rally toward $14. XRP Price Still Bullish Despite Decline Another crypto analyst, TradingShot, has also pointed out why the XRP price is still bullish, alluding to a technical setup on the 1-day chart. The analyst points to the fact that the price had bottomed back in April after months of onslaught due to Donald Trump’s tariff wars. Then, with the recent recovery, the price has been testing and holding the 1-Day MA50 as support above $2.7. The significance of this is that the XRP price is holding this support after bottoming from its bearish leg on the 1-Day MA100 chart. Thus, this means that is the 1-Day MA50 is confirmed, then it would be the push needed for the altcoin to continue to rally. The target for the rally here is an over 60% increase in price to reach the $5 mark. “That Bullish Leg peaked on the 2.0 Fibonacci extension level. If this sequence is repeated, expect the next high to be around $5.00,” the crypto analyst explained.

Charles Hoskinson has affirmed that Cardano (ADA) will steal the crypto spotlight as the altcoin attempts to hold a crucial level as support. Some analysts believe the cryptocurrency is preparing for a massive rally in the coming months. ADA Holds Key Support Zone Following Thursday’s market rally, Cardano has seen its price retrace 4% in the last 24 hours, failing to reclaim the range high for the second time over the past week. The altcoin has been trading between $0.72-$0.96 since July, hitting a local high of $1.01 last month. Despite the dip, ADA has held the $0.85-$90 zone as support, attempting to stabilize around this area throughout Friday morning. Analyst Sebastian suggested that the cryptocurrency must “start setting a new higher high, otherwise we could find ourselves in a head and shoulders pattern, which could result in a bigger retrace.” Cardano has been trading above an ascending support trendline since early August, bouncing from this key level twice this month. To the analyst, ADA’s trend will remain bullish as long as the price holds the trendline. On the contrary, a breakdown from this level could see the altcoin retrace to the macro support zone, between $0.50-$0.60. Market Watcher Altcoin Gordon pointed out that ADA recently broke out of its multi-month descending resistance after reclaiming the $0.85 level last week. Since then, the cryptocurrency has retested the trendline area as support, confirming the breakout. To Gordon, if the price continues to hold above this level, Cardano could see “a HUGE move to the upside.” Meanwhile, analyst Crypto Kid asserted that Q4 seasonality could see the altcoin repeat its 2024 end-of-year playbook. Notably, ADA broke out of its nine-month downtrend line during the November 2024 run, rallying 270% to its three-year high of $1.32. Now, the cryptocurrency displays a similar price action, retesting this level in the weekly timeframe multiple times over the past two months. “I’m betting on ADA repeating its history by breaking out October/November this year,” the analyst wrote. Cardano ETFs To Fuel Q4 Rally? In a late Thursday post, Cardano’s founder Charles Hoskinson also shared a bold outlook, affirming that it is “going to break the internet.” Despite not offering more details, the community noted that the recent growing momentum of crypto-based Exchange-Traded Funds (ETFs) could propel ADA’s rally. On Friday, Grayscale Investments launched its Grayscale CoinDesk Crypto 5 ETF (GDLC), the first multi-asset crypto ETF launched in the US. The investment product holds the five largest cryptocurrencies by market capitalization: Bitcoin, Ether, XRP, Solana, and Cardano. The Securities and Exchange Commission (SEC) approved the digital asset manager’s request to convert its Grayscale Digital Large Cap (GDLC) Fund into an ETF earlier this week. Since the announcement, investors consider the odds of a spot ADA ETF approval are higher. According to data from the prediction platform Polymarket, the chances of the SEC approving the investment product in 2025 have increased from 79% on Wednesday to 91%. Notably, the regulatory agency delayed the deadline for Grayscale’s spot Cardano Exchange-Traded Fund in August, postponing the final decision date to October 26, 2025. Many expect that most spot crypto-based ETFs will be approved at the start of Q4, which could fuel a “spicy end-of-year” for many altcoins, including ADA. As of this writing, Cardano is trading at $0.89, a 1% decline in the weekly timeframe.

An analyst has pointed out how Dogecoin could see a rally to $0.36 or even $0.45 if its price can manage to break past this resistance barrier. Dogecoin Is Retesting Upper Boundary Of A Parallel Channel In a new post on X, analyst Ali Martinez has shared a technical analysis (TA) pattern forming in the 1-day price of Dogecoin. The pattern is a “Parallel Channel,” which forms when an asset observes consolidation between two parallel trendlines. There are a few different types of parallel channels, each with a distinct orientation of the trendlines in respect to the graph axes. The Ascending Channel forms when the trendlines are angled upward. That is, when the price travels to a net upside inside the channel. Similarly, the Descending Channel has trendlines that have a negative slope. In the context of the current topic, neither of these versions of the Parallel Channel is of interest, but rather the most simple case of the pattern: a channel parallel to the time-axis. When the asset is moving inside this type of channel, it observes resistance at the upper line and support at the lower one, and moves in an exactly sideways manner trapped between the two. Now, here is the chart shared by Martinez that shows the Parallel Channel that Dogecoin has been stuck inside for the last few months: As is visible in the above graph, Dogecoin retested the upper line of the Parallel Channel earlier in the month, but found rejection. The memecoin now appears to be approaching another retest of this line situated at $0.29. Generally, a break above the upper line of a Parallel Channel is considered to be a bullish signal. Thus, if DOGE can manage to surge above the pattern, it may see a sustained rally. Martinez has suggested two potential targets for the memecoin: $0.36 and $0.45. These are based on the fact that Parallel Channel breakouts can be of the same length as the height of the channel; the former corresponds to half this distance and latter to the full one. It now remains to be seen whether Dogecoin can surpass this huddle in the near future and if any sustained bullish momentum will follow. In some other news, Dogecoin whales have been buying recently, as the analyst has pointed out in another X post. From the above chart, it’s visible that DOGE whales have added a total of 158 million tokens of the cryptocurrency (worth $41.9 million) to their holdings with this accumulation spree. DOGE Price At the time of writing, Dogecoin is trading around $0.265, down more than 6% over the last 24 hours.

XRP and Chainlink are moving into Q4 2025 with very different backdrops. A rush of ETF approvals and a new tokenization deal have kept XRP in headlines this week, while LINK has stood out in derivatives markets as one of the few majors resisting net selling pressure. Let’s have a look at which is the best crypto to buy in Q4 2025. On Friday, the SEC approved new rules that allow exchanges to list spot commodity exchange-traded products without going through case-by-case reviews. That shift cleared the way for XRP’s spot ETF, which began trading in the U.S. this week. Regulators also signed off on Grayscale’s multi-asset fund tied to the CoinDesk 5 Index. While the SEC described the move as a way to “streamline the listing process,” analysts noted that ETF approvals don’t automatically translate into new demand. In Asia, Ripple secured another boost as DBS and Franklin Templeton launched a tokenized money-market fund on the XRP Ledger. The partnership adds a fresh use case to XRP’s ecosystem, linking traditional finance with on-chain settlement. Market numbers show the contrast. XRP hovered near $3.01 in early Saturday trade, with daily volume topping $5.3 billion. (Source: XRP USDT, TradingView) LINK, meanwhile, held at $23.5 on volumes around $1.1 billion, showing a decline of -4.5% in 24 hours. (Source – LINK USDT, TradingView) Derivatives trackers show LINK outperforming peers on open interest and funding stability, suggesting steady positioning despite a cooling market after the Fed’s rate cut week. The two tokens now represent different bets for Q4. XRP traders are monitoring the survival of the institutional flows and tokenization transactions. The strength of derivatives to LINK holders is a measure of resilience. The following months will determine which of the two will have the more stable hold. DISCOVER: 9+ Best High-Risk, High-Reward Crypto to Buy in September2025 Chainlink Price Prediction: Is LINK Setting Up for a Breakout in Q4 2025? According to a crypto analyst, Chainlink (LINK) has overcome a significant obstacle and is approaching the $20 value again, which served as a resistance level that limited the token throughout the previous year. The breakout supports an increase in the weekly chart and switches to the $30-$34 range, the next important area before LINK can seek new all-time highs. (Source: X) The charts indicate that the rise has been consistent since the middle of 2024, with an increasing trendline that goes back to the beginning of 2023. The reversal of $20 into bullishness has strengthened the mood of bulls; whereas price movements around $23-$24 are an indication that LINK is taking a break before its next outbreak. As observed by analysts, $30 has served as a ceiling in the previous cycles, and therefore, it is the final significant obstacle before price discovery. The form will be like an accumulation pattern where the highs and lows are near a flat resistance band. This arrangement is usually followed by considerable upward swings, especially where there is a support trendline over the long run. This is projected to be a short trade of sideways between $22 and $26 to a potential push to $30. If LINK secures a weekly close above $30, analysts believe momentum could accelerate into uncharted territory. For now, $22 is the level to watch as support. The coming weeks will reveal whether LINK is ready to shift from recovery into a full breakout phase. DISCOVER: Next 1000X Crypto: 10+ Crypto Tokens That Can Hit 1000x in 2025 XRP Price Prediction: Why XRP Appeals to Risk-Takers Ahead of Q4 2025? According to Javon Marks’s analysis, XRP may be gearing up for a major move. His chart points to a possible 226% rally that could lift the token to $9.90, with room for a further push toward $20 if momentum holds. (Source: X) The setup is clear on the weekly chart. XRP has broken out of a long accumulation phase, building higher lows since 2020. A steady ascending support line underpins the trend, and each similar breakout in the past has led to triple-digit gains. Fibonacci projections place $9.90 as the first key target, with higher levels stretching beyond $20. Price action above $1.30 shows bulls back in control. Consolidation at these levels could form the base for another strong advance, echoing past cycles where sideways phases gave way to parabolic runs. Beyond technicals, XRP’s upside is also tied to broader catalysts, including exchange-traded fund approvals and tokenization partnerships. This adds fuel to the bullish scenario but also keeps the token event-driven and volatile. In comparison, Chainlink (LINK) has already reclaimed $20 and is working toward $30-$34, levels that would clear the way for new highs. LINK’s path looks steadier, backed by consistent adoption rather than sudden bursts. For Q4 2025, the contrast is sharp: XRP appeals to traders seeking breakout gains, while LINK offers a stronger case as a stable long-term hold. DISCOVER: 20+ Next Crypto to Explode in 2025 Join The 99Bitcoins News Discord Here For The Latest Market Updates The post LINK vs XRP: Which Crypto is Better to Hold in Q4 2025? appeared first on 99Bitcoins.

Traders shifted into Linea (LINEA), ApolloX (APX), and Convex Finance (CVX) on Friday, with new token milestones and DeFi votes drawing focus on which could be the Best altcoin to buy in 2025. On Sept. 19, 2025, all three posted solid 24-hour gains across major spot venues. LINEA rallied on its airdrop claim window and new listings. APX extended a weeklong surge as it migrates to $ASTER. CVX firmed as Curve’s incentives and cash-flow plans drew new attention. DISCOVER: 9+ Best High-Risk, High-Reward Crypto to Buy in September2025 Which Altcoin Looks Strongest: LINEA, APX, or CVX? LINEA rose about +17% in the past day, trading near $0.0307 with roughly $552M in volume and a market cap of around $475M. Listings and ongoing claims thickened order books and improved depth. (Source – LINEA USDT, TradingView) The project says its 90-day claim window opened on September 10 and runs until December 9, 2025, at 23:59 UTC. That keeps distribution steady into year-end. APX traded around $0.74-$0.79, up roughly +14% on the day and about +750% on the week as the token transitions to $ASTER. Charts show a sharp seven-day climb, with some intraday variance across venues. (Source – APX USDT, TradingView) Binance Alpha backed the move, with the $ASTER migration executed on September 19. Aster said the APX Token Upgrade page went live on September 17, the same day as the TGE. CVX hovered near $3.85-$3.90, up about +8% on the day, with turnover between $50M and $65M. The move followed a fresh focus on Curve Finance’s income plan. (Source – CVX USDT, TradingView) Curve’s “Yield Basis” proposal would return 35%-65% of its value to veCRV holders, with voting scheduled through September 24. That matters for Convex, which aggregates veCRV as part of its yield strategy. Watch the pace of LINEA claims and new listings, execution milestones for the APX → ASTER swap, and the Curve vote outcome. Those three levers could decide which of LINEA, APX, or CVX keeps the lead. DISCOVER: Next 1000X Crypto: 10+ Crypto Tokens That Can Hit 1000x in 2025 Is Linea (LINEA) the Best Altcoin to Buy in 2025 After Its Airdrop and Market Surge? Linea’s distribution mechanics, the APX-to-Aster migration, and Convex’s exposure to Curve incentives have been the main forces shaping market moves this week. Linea’s first-wave airdrop, based on a July snapshot and open for claims since September 10, has kept supply and demand in constant motion as recipients weigh whether to hold or sell. Meanwhile, the APX-to-Aster token migration has become the standout story. Backed by Binance Alpha, the upgrade drew attention after on-chain trackers flagged large holders moving millions of APX into the swap. Linea reiterated its 90-day claim window on the project’s hub. Aster pointed to its September 17 token generation event and live upgrade page. Binance Alpha’s involvement added operational clarity around the APX migration, reducing uncertainty for traders. DISCOVER: 20+ Next Crypto to Explode in 2025 Join The 99Bitcoins News Discord Here For The Latest Market Updates The post LINEA, APX, and CVX Prices Pump: Best Altcoin to Buy in 2025 appeared first on 99Bitcoins.

Bitcoin (BTC), the leading cryptocurrency, has experienced a notable decline, erasing the gains it achieved following the recent decision by the US Federal Reserve (Fed) to cut interest rates. After soaring to nearly $118,000—just 5% shy of its all-time high—the market has faced renewed uncertainty. Despite this setback, experts emphasize that the long-term outlook for Bitcoin remains optimistic, especially as September 21 approaches, a date identified as pivotal for Bitcoin’s price trajectory. Will September 21 Mark The Start Of A New Bull Run? Market analyst Timothy Peterson highlights that historically, Bitcoin has finished the year higher 70% of the time after September 21, with a median increase exceeding 50%. He has dubbed this date “Bitcoin Bottom Day,” suggesting that the odds of a price increase are significantly favorable. Peterson notes that two of the three downturns in Bitcoin’s history occurred during established bear markets in 2018 and 2022, conditions that do not reflect the current market situation. This leads him to believe that the chances of a price rise are closer to 90% this year. Furthermore, Bitcoin’s track record suggests it has a nearly perfect chance of holding its gains six months post-September 21. Peterson estimates there is at least a 70% probability that Bitcoin will not drop below the $100,000 mark again. Analysts Warn Of ‘Sell the News’ Bitcoin Phase Ryan Lee, chief analyst at cryptocurrency exchange Bitget, also points to the recent 25-basis-point rate cut by the Fed as a factor that initially boosted Bitcoin’s price, briefly pushing it above $117,000. This cut, the first in nine months, reflects increased liquidity in the market. However, Lee cautions that the median projection of only 50 basis points in total cuts for the year could temper some of the optimism, introducing potential volatility as traders adjust their strategies. Historically, Bitcoin has experienced a dip of 5% to 8% following rate cuts before resuming its upward trend, suggesting a possible “sell the news” phase in the coming days. Despite these fluctuations, Lee remains bullish about the macroeconomic environment, asserting that lower yields on money-market funds (MMFs) are likely to direct capital toward alternative investments, such as cryptocurrencies. He emphasizes Bitcoin’s role as a hedge in this risk-on climate, especially with approximately $7.2 trillion currently held in cash-like instruments. Looking ahead, Lee predicts that the cryptocurrency may consolidate in the near term before targeting prices between $123,000 and $150,000, should additional rate cuts materialize. Analysts at Bitfinex also share a positive outlook, projecting that with three anticipated rate cuts by the end of the year and steady inflows into exchange-traded funds (ETFs), Bitcoin could reach between $125,000 and $135,000 by year-end. However, they also caution that if inflation or economic growth data hinder the Fed’s ability to proceed with further cuts, Bitcoin might stabilize within a range of $110,000 to $115,000 as institutional participation and ETF assets under management provide a solid floor. Featured image from DALL-E, chart from TradingView.com

Ethereum’s next major upgrade, called Fusaka, is scheduled for December 3, 2025, and it could play a central role in lowering scaling costs and supporting ETH’s bullish momentum. Developers confirmed the timeline after successful testnet deployments on Holesky, Sepolia, and Hoodi earlier this fall. What’s Inside the Ethereum Fusaka Upgrade? The upgrade brings about PeerDAS (EIP-7594), which enables the nodes to verify only portions of blob data rather than downloading the entire content. The network is more efficient with this change, and the ground is laid out to do full danksharding in the future. Together with PeerDAS, developers will release two Blob Parameter Only (BPO) forks. These modifications add progressively more capacity to blobs without necessitating new client software. BPO-1 will increase the target of the blob, which was 6/9 to 10/15, one week after Fusaka activates. BPO-2 will increase it to 14/21 a week later, which is over twice the capacity. Blobs, brought with the Dencun upgrade, reduce the expense of submitting data to the layer-2 (L2) networks. The usage of blobs has since been intense, with a robust demand being evident among rollups such as Arbitrum and Unichain. In the case of Ethereum, reduced L2 prices would imply greater on-chain utilization. This is a standard feedback into ETH demand, as gas charges and staking rewards are usage-dependent. In the medium term, the increased data capacity should enhance the role played by Ethereum as the settlement layer of decentralized finance. The upgrade arrives at a time when ETH is trading in a bullish setup, with analysts pointing toward the $6,000 range by October if momentum holds. DISCOVER: 9+ Best High-Risk, High-Reward Crypto to Buy in September2025 How Could the Fusaka Upgrade Impact Ethereum’s Role in DeFi? Ethereum developers have confirmed the public testnet timeline and the schedule for upcoming Blob Parameter Only (BPO) forks, according to researcher Christine D. Kim, who shared the update on X after the latest All Core Devs Consensus (ACDC) call. The first chart, covering March 2024 to September 2025, shows a steady rise in blob posting across chains and protocols. Daily activity surged past 200,000 in mid-2025, with Arbitrum One, Unichain, Inscriptions, and Abstract leading the way. (Source – X) This growth highlights the increasing reliance on Ethereum’s data availability layer as scaling solutions and L2s push for cheaper transactions. The second chart, focused on September 14-18, 2025, shows daily blob counts averaging between 1,000 and 1,500. ZERO Network and Unichain dominate here, while Infinaeon, Abstract, Arena-Z, and Soneium maintain smaller but consistent contributions. (Source: X) The trend suggests stable network demand rather than short-lived spikes. Together, the data shows Ethereum’s expanding role as a settlement layer. With $132 billion already locked on the network and blob usage accelerating, the Fusaka upgrade is designed to raise capacity without undermining decentralization. DISCOVER: Next 1000X Crypto: 10+ Crypto Tokens That Can Hit 1000x in 2025 Ethereum Price Prediction: Is ETH Preparing for a 30% Breakout Toward $6,000? Captain Fabric shared the chart, which points to a bullish continuation pattern in Ethereum (ETH/USDT) after its sharp rally earlier this year. In the daily chart, ETH has been forming a symmetrical triangle after breaking out of a long accumulation period. (Source: X) The establishment implies the possibility of another raise. Following the trend, ETH may experience an increase of approximately 30%, which will take the price levels to approximately $6,000 by October, as the forecast of the analyst suggests. The green box of the chart illustrates the estimated range of ETH, indicating the potential of the cryptocurrency to reach heights of over $6,000. This trend of the increases in the number of lows lends credence to this perception where buyer interest persists consistently even throughout the consolidation periods. To conclude, Ethereum seems to be setting the stage to take off again. At the time of writing, Ethereum is trading at $4460, showing a decline of -2.79% in the past 24 hours. DISCOVER: 20+ Next Crypto to Explode in 2025 Join The 99Bitcoins News Discord Here For The Latest Market Updates The post Ethereum Fusaka Upgrade: What It Means for ETH Price appeared first on 99Bitcoins.

Earlier this week, the US Federal Reserve (Fed) cut interest rates by 25 basis points, providing the much-required impetus to the economy after a cycle of raising interest rates to keep inflation under check. A cut in interest rates is likely to benefit risk-on assets, including Bitcoin (BTC). Fed Cuts Interest Rate, Bitcoin Supply Ratio Falls According to a CryptoQuant Quicktake post by contributor Arab Chain, the latest data from Binance shows that the interest rate cut has rekindled investors’ interest in BTC. Notably, the exchange supply ratio has declined to 0.0291, hinting that investors are choosing to withdraw their BTC from exchanges and hold it for the long-term instead of selling it. To support their analysis, Arab Chain shared the following chart, which shows a tumbling exchange supply ratio while the BTC price continues to shoot up. The analyst noted that the interest rate cut has increased risk appetite and improved liquidity in the market. This behavior shows that the Fed’s monetary policy will remain dovish for the near term, which could mitigate selling pressure on BTC for the time being. Low exchange supply is creating relative buying pressure, as Bitcoin’s stability above $115,000 further supports this trend. The analyst remarked that if BTC outflows from crypto exchanges continue at the current pace, then the digital asset may target the $120,000 resistance level. However, liquidity must continue to flow into digital assets, driven by the Fed’s decision. Arab Chain added: The continued decline in the Exchange Supply Ratio for Bitcoin, coupled with a rising price, reinforces the bullish scenario, especially if traditional markets stabilize after the Fed’s decision. Conversely, if the Exchange Supply Ratio turns upward again (if Bitcoin reenters exchanges), it could signal that investors are preparing to take profits at levels near 118K–120K. Meanwhile, crypto analyst Titan of Crypto had similar thoughts. In an X post, the analyst shared the following chart, saying that BTC is currently stuck under the bearish fair value gap. A daily close above this gap – highlighted in red – could pave the way for a new high for BTC. Is BTC Facing A Supply Crunch? A declining exchange supply ratio further suggests that BTC may be approaching a bullish ‘supply crunch’ that could lead to significant price appreciation for the digital asset in the near term. Recently, the Bitcoin Scarcity Index recorded its first spike since June 2025, indicating potential upward price pressure on BTC. Meanwhile, BTC outflows from Binance continue at a rapid pace, further reducing the digital asset’s active circulating supply. That said, some concerns still linger, specifically due to the lack of participation of whales in recent BTC price action. At press time, BTC trades at $116,374, down 1.3% in the past 24 hours.

Aster’s native token, ASTER, surged 1,650% in its first 24 hours of trading and reached $0.528, according to platform reports. Trading volume for the token in that window was listed at $345 million, and the launch reportedly drew 330,000 new wallets. Rapid User Growth And Liquidity According to on-chain data and platform disclosures, Aster’s total value locked jumped from $660 million to $1 billion shortly after launch. The platform claims total users of 1.848 million, with seven-day new user additions hitting 617,379. Reports show daily figures of 53,332 new users and $1.50 billion in 24-hour trading volume. The debut also included a Binance Alpha listing within hours and new perpetual markets introduced with up to 50x exposure across four assets. Platform income was reported at $466,838 for a day and $49.2 million in total earnings to date. Feature Rollouts And Trading Tools Based on reports, Aster moved quickly to enable spot withdrawals earlier than planned, using BNB Chain with a quoted 30-second processing time. The team activated ASTER/USDT perpetuals with four-times margin and hourly funding rate settlements. The platform also introduced a Genesis Stage 2 scoring program that rewards more than just raw trading volume, aiming to favor what it calls “smart traders.” Top users have been reported to show realized gains greater than $645,000 in early trading sessions. Technical Features And Security Aster has positioned itself as a multi-chain protocol with native support across BNB Chain, Ethereum, Solana, and Arbitrum, removing the need for manual bridging for many flows, according to technical notes. The protocol uses zero-knowledge proofs on its own Aster Chain for trade validation and taps Pyth Network oracles for price feeds. Reports show the platform uses collateral tokens like asBNB and USDF that can be staked to earn yield while remaining active in trading. Strong Endorsement Meanwhile, platform data listed $517 trillion in cumulative trading volume and close to $450 million in total TVL. Much of Aster’s surge can be tied to the strong backing of former Binance CEO Changpeng Zhao. His public endorsements, where he compared the platform’s liquidity to “Binance level” and praised the team’s execution, have played a major role in drawing attention and capital to the project. Featured image from Unsplash, chart from TradingView

Data shows bullish sentiment around Bitcoin Cash has exploded on social media, potentially explaining the coin’s pullback from its 17-month high. Bitcoin Cash Has Seen A Spike In Positive/Negative Sentiment In a new post on X, analytics firm Santiment has discussed the trend in the Positive/Negative Sentiment for Bitcoin Cash. This indicator measures, as its name suggests, the ratio between the positive and negative comments related to BCH that are currently present on the major social media platforms. The metric separates posts/threads/messages into bullish or bearish by putting them through a machine-learning model. Once they have been divided, it counts up the number of each and calculates their ratio to find the net sentiment on social media. Now, here is the chart shared by Santiment that shows the trend in the Positive/Negative Sentiment for Bitcoin Cash over the past month: As displayed in the above graph, the Bitcoin Cash Positive/Negative Sentiment fell to a low of 0.13 earlier in the month. Such a value corresponds to there being just 0.13 bullish comments for every bearish post. Thus, it would appear that social media traders were heavily leaning toward a negative outcome for BCH. Interestingly, what followed the market disbelief was a surge in the coin’s price to the $650 level for the first time since April 2024, around 17 months ago. This pattern is something that has actually been seen many times throughout the past. “Historically, prices move the opposite of the crowd’s expectations,” notes the analytics firm. This means that an excess of bearish sentiment tends to be a buy signal for the cryptocurrency, while overexcitement can lead to a top. While BCH initially observed the former type of effect, market balance quickly shifted, and it’s now facing the latter part of the pattern. From the chart, it’s visible that the sharp rally in the coin brought with it a huge spike in the Positive/Negative Sentiment to the 2.3 level. Bitcoin Cash has witnessed its price drop by around 6.7% since this dominance in bullish sentiment has emerged. It now remains to be seen how the market will react to the pullback and whether another shift in the Positive/Negative Sentiment would follow. Naturally, a pivot back to the bearish zone could help stabilize the price decline. In some other news, centralized exchanges have just received a huge amount of USDC inflows, as pointed out by CryptoQuant community analyst Maartunn in a new post on X. With this inflow spree, investors have deposited $1.33 billion in the stablecoin to exchanges, the highest level in more than four years. “Massive stablecoin deposits like this often precede major market moves,” explains the analyst. BCH Price At the time of writing, Bitcoin Cash is floating around $605, up more than 2.5% over the last seven days.

CryptoQuant chief executive Ki Young Ju has revived a cycle-top debate with a fresh model-based call that puts Bitcoin’s upper bound at roughly $208,000 per coin. Sharing CryptoQuant’s “Price Prediction Based on Realized Cap” dashboard on X, Ki wrote: “Nobody cares about my calls anymore, but just saying I’m bullish on Bitcoin. Too much capital inflows onchain. Way too much.” The post reprises his data-driven commentary from early 2024, when he argued that “#Bitcoin could reach $112K this year driven by ETF inflows, worst-case $55K.” That framework came conspicuously close: Bitcoin went on to register a 2024 high above $108,000, narrowly under his $112,000 projection. Why Bitcoin Price Could Top Above $208,000 The chart Ki published on September 18 visualizes three time series derived from CryptoQuant’s realized-cap methodology: the spot price of BTC (black), a model “ceiling_price” (red) and a model “floor_price” (green). As of 17 September 2025 (UTC), the panel annotated a spot marker at $116,453, a ceiling at $208,310 and a floor at $41,662, with the dashboard showing it was “last run” two hours prior. In other words, the model currently locates Bitcoin well above its inferred floor and still materially below the band it treats as an overvaluation zone. The implication of Ki’s share is not a guarantee, but a statement that, given prevailing on-chain capital inflows and the realized-cap structure, the market has room—by this metric—to extend toward that $208,000 upper band. Realized cap values the network by summing each coin at the price it last moved on-chain rather than the current market price, a construction that tends to track investor cost basis over time. CryptoQuant’s dashboard projects dynamic “floor” and “ceiling” bands around spots that, historically, have framed multi-year expansions and contractions. Ki’s renewed bullishness ties those bands to what he describes as surging demand pressure visible in settlement flows and ETF-linked capital migration onto the network. The continuity with his February 2024 note is explicit: then he cited exchange-traded product inflows as the dominant driver of an advance toward six figures; now he points to “too much capital inflows onchain” while circulating a model that places the ceiling near $208,000. It is noteworthy that Ki is not presenting an open-ended forecast but rather a model snapshot that updates with market structure. The same dashboard that prints a $208,310 ceiling today also marks the risk floor at $41,662, underscoring the spread of outcomes the realized-cap approach contemplates. His track record with the $112,000 “this year” guidance—followed by a print just above $108,000—will inevitably color how traders receive the new post. But the framing remains analytical: a data readout of where Bitcoin sits relative to its realized-value envelope after a year and a half defined by US spot ETF adoption and deepening institutional participation. For now, Ki’s message is simple and blunt—“I’m bullish on Bitcoin”—and anchored in the same on-chain lens he used 10 months ahead of the 2024 peak. Whether the market ultimately approaches the model’s $208,000 ceiling will depend on how those on-chain inflows evolve against macro liquidity, ETF and corporate treasury demand as well as miners’ supply behavior. What his chart makes clear is that, by CryptoQuant’s realized-cap bands, Bitcoin has not yet tested the top of its statistical range in this cycle. At press time, BTC traded at $116,173.

YZi Labs, the family office linked to Binance founder Changpeng Zhao, is putting more weight behind Ethena Labs, the company behind the synthetic dollar USDe. The timing is interesting. Binance only recently added support for USDe across a few of its services, and now YZi is coming in with deeper backing. It looks like they’re making a clear bet that Ethena is picking up real traction. Ethena’s Numbers Are Climbing This move from YZi Labs comes after USDe saw a big jump in both supply and usage. The stablecoin now has more than 13 billion dollars in circulation, and the total value locked has passed 14 billion. That kind of growth tends to catch attention. For YZi, this isn’t a new relationship. They were involved early on. But this time, they’re going further, giving Ethena more resources to grow across new platforms and roll out new features. Where Ethena Is Aiming Next A big part of the plan is getting USDe onto more exchanges and plugged into more DeFi tools. That means more places to use it, more liquidity, and hopefully more everyday adoption. Ethena also wants to build out its presence on BNB Chain, which ties neatly back to the Binance connection. On top of that, they’re preparing to launch two new products. One is USDtb, which is a fiat-backed stablecoin designed to be regulatory-friendly. The other is something called Converge, which is pitched as a settlement layer built for institutions and real-world asset platforms. DISCOVER: 9+ Best High-Risk, High-Reward Crypto to Buy in September2025 Why YZi Is Getting Louder About It Now There’s a good chance YZi is trying to lock in more influence while USDe is still growing fast. Being early gave them a head start, but deeper involvement now could let them help shape what comes next. It also doesn’t hurt that Binance just rolled out USDe in places like futures markets and yield products. That wider usage likely gave YZi more reason to step in again, especially if they see even more demand building from those integrations. bitcoinPriceMarket CapBTC$2.30T24h7d1y What Could Go Sideways With all the momentum, there are still plenty of risks. Getting USDe to work well across many platforms takes more than just hype. The system it relies on to stay stable involves hedging and coordination, and those things don’t always go smoothly at scale. If anything breaks down or feels off, trust can slip quickly. And with new products like USDtb and Converge still in the works, there’s also the challenge of getting through regulatory hurdles without losing speed. DISCOVER: Next 1000X Crypto: 10+ Crypto Tokens That Can Hit 1000x in 2025 What It Means for the Rest of the Market Stablecoins are no longer just about being pegged to a dollar. These days, it’s also about what else they offer. Yield, flexibility, and how well they fit into both DeFi and TradFi matter just as much. The more USDe grows, the more pressure it puts on other stablecoins to keep up. If Ethena pulls this off, it could push the entire sector in a new direction. What to Watch Going Forward Now it’s a question of follow-through. Keep an eye on how quickly USDe spreads to more exchanges and apps. See if USDtb and Converge actually launch and if people use them. And watch whether this extra support from YZi turns into real growth or just headlines. Either way, Ethena just got a bigger spotlight. DISCOVER: 20+ Next Crypto to Explode in 2025 Join The 99Bitcoins News Discord Here For The Latest Market Updates Key Takeaways YZi Labs, the family office linked to Binance founder CZ, is increasing its investment in Ethena Labs, the issuer of the USDe stablecoin. USDe now has over $13 billion in circulation and more than $14 billion in total value locked, helping draw renewed attention from YZi Labs. Ethena is working to expand USDe into more DeFi tools and exchanges, while also preparing to launch USDtb and a new product called Converge. The closer ties to Binance, including USDe integrations into yield and futures products, may be fueling YZi’s deeper involvement. Despite the momentum, Ethena still faces risks tied to scale, trust, and regulation as it pushes new products into the market. The post CZ’s YZi Labs Doubles Down on Ethena and USDe Stablecoin appeared first on 99Bitcoins.

Grayscale has officially launched a new crypto ETF called GDLC, short for Grayscale Digital Large Cap Fund. This fund is different from anything else on the market because it gives investors access to a group of major cryptocurrencies all in one go. That makes it the first index-based spot crypto ETF in the United States. What GDLC Actually Offers Instead of focusing on just one coin like most crypto ETFs, GDLC includes a mix of five digital assets. These are Bitcoin, Ethereum, Solana, XRP, and Cardano. Bitcoin has the largest share, with the others taking up smaller portions. This kind of setup is designed to reflect which coins are most dominant in the market by size and activity. Why This Is a Big Deal Until now, most spot crypto ETFs have only focused on individual tokens. If you wanted exposure to more than one, you had to buy each one separately or rely on other types of funds that didn’t directly hold the coins. This fund changes that. With GDLC, you can now get a broad slice of the crypto market in one place, and that can save time, reduce hassle, and help manage risk. DISCOVER: Best New Cryptocurrencies to Invest in 2025 How the Fund Works GDLC tracks an index, meaning it follows a fixed list of cryptocurrencies based on market performance and size. The fund is built to hold these actual assets, not futures contracts or synthetic products. That makes it a spot ETF, a more straightforward way to invest. It also updates its holdings as the market shifts, keeping the fund aligned with top assets over time. bitcoinPriceMarket CapBTC$2.30T24h7d1y What Sets It Apart The biggest difference here is that it combines several leading cryptocurrencies into a single regulated product. This is the first time U.S. investors have had access to a spot ETF with a diversified crypto mix. That gives the fund a unique position in a space where most products still focus on just Bitcoin or Ethereum. It also reflects growing demand for more complete exposure to the digital asset space. DISCOVER: 20+ Next Crypto to Explode in 2025 What Could Still Go Wrong Crypto is known for being unpredictable. Even though GDLC is diversified, all five coins in the fund can still move sharply in either direction. Investors will also be paying close attention to how well the fund tracks its index and how it performs compared to direct holdings. Other concerns might include fees, liquidity, and whether the fund stays transparent and efficient over time. What This Means Going Forward With this launch, Grayscale has opened the door for more innovation in crypto investing. If GDLC proves successful, other firms may follow with similar products. For now, this gives investors a new way to access the crypto market in a format that is easier to manage, more diversified, and backed by real holdings. It will be worth watching how the market responds in the weeks ahead. DISCOVER: 20+ Next Crypto to Explode in 2025 Join The 99Bitcoins News Discord Here For The Latest Market Updates Key Takeaways Grayscale has launched GDLC, the first index-based spot crypto ETF in the U.S., giving investors exposure to multiple digital assets in one fund. GDLC includes Bitcoin, Ethereum, Solana, XRP, and Cardano, with weights based on market dominance and trading activity. The fund holds actual cryptocurrencies, not futures contracts, and updates its holdings over time to reflect market changes. This is the first regulated spot ETF in the U.S. to offer diversified crypto exposure in a single product, instead of focusing on one coin. Despite the diversification, GDLC still carries risk from crypto volatility, index tracking, and fund management challenges. The post Grayscale Launches GDLC, First Index-Based Spot Crypto ETF appeared first on 99Bitcoins.

Institutional staking may soon receive a significant boost as reports emerge that Grayscale is preparing to stake its substantial Ethereum holdings. This move would mark a pivotal shift for one of the world’s largest crypto asset managers, bringing billions of dollars worth of ETH into active network participation. In an X post, on-chain analyst CryptoGoos has brought to light a significant development in the institutional crypto space. Grayscale is reportedly preparing to stake its massive Ethereum holdings. Although not yet confirmed, such a move, which was flagged by on-chain data following a transfer of over 40,000 ETH, is a significant signal of Grayscale’s evolving strategy and a potential game-changer for the ETH market. Why The Grayscale Move Could Accelerate Mainstream Adoption According to the data, Grayscale’s alleged transfer of a large sum of ETH is consistent with preparatory steps for staking. The firm, which holds approximately 1.5 million ETH in its various trusts, is now positioning a portion of that vast holding to earn staking rewards. If this is indeed the case, it would be a historic moment. Grayscale would become the first US-based ETH ETF sponsor to offer staking in the market, a feature that has been a point of contention with the Securities and Exchange Commission (SEC). While reports suggest Grayscale is preparing to stake ETH, market analyst TheKingfisher has issued a significant warning based on the ETH GEX+ chart, which he states is flashing a strong negative signal. This analysis centers on a key options metric known as Gamma Exposure (GEX), an indicator that provides insight into how professional traders, or dealers, are positioned in the market. The dealers are short gamma at the current implied volatility (IV) of 61 and an index price of $4,593. This dynamic is where volatility is likely to be amplified. Instead of a market that moves slowly and predictably, the ETH GEX+ signal suggests that price swings could be sudden and extreme, catching most retail traders off guard with the speed of moves. However, smart money considers the development a rare opportunity to capitalize on aggressive dealer hedging. In the meantime, this environment demands tight risk management. The Gateway To Price Discovery Ethereum price is at a pivotal point, currently consolidating between the $4,000 support level and its previous all-time high. MilkRoadDaily has also revealed that the next crucial step for ETH is a weekly close above its all-time high, which would put the asset into a phase of price discovery, where history shows the biggest moves have happened. Drawing on this historical pattern, MilkRoadDaily suggests that in the previous market cycle, ETH cleared its old highs with a parabolic run, ripping an additional 240%. If this historical pattern were to repeat itself, a similar move from its current position could project a new price target of around $16,500.

This week, when US Energy Secretary Chris Wright said the US should look to boost its strategic uranium reserve to buffer against Russian supplies and increase confidence in the long-term prospects of nuclear power generation, it shone a spotlight on the impending uranium supply deficit. Uranium is a crucial source of reliable baseload power as nuclear energy, and the US requires an estimated 32 million pounds of uranium annually for its current nuclear reactors. Energy Fuels’ White Mesa Mill in Utah is the only producing mill in the US. Russia supplies about a quarter of the enriched uranium needed by America’s fleet of 94 nuclear reactors, which generate about a fifth of US electricity. In 2024, the United States consumed 50 million pounds of uranium, but only produced 677,000 pounds, according to the Energy Information Administration. That is just over 1% of their needs, and sums up the current geopolitics around US uranium supply. The rush to ensure domestic US uranium supply hearkens back to the 1940s era Manhattan Project, a secret US-led World War II program to develop nuclear energy capabilities before foreign adversaries could. Largest mineable uranium deposit in the US US uranium miner and nuclear reactor technology developer Eagle Energy Metals this summer struck a deal to go public through a merger with blank-check company Spring Valley Acquisition Corp., capitalizing on growing energy demand amid the AI boom. The deal gives the combined company a pro-forma equity value of $312 million. The company was founded in late 2023 around the American Energy Independence National Security Narrative, Eagle Energy Metals CEO Mark Mukhija told MINING.com in an interview. The company acquired the Aurora uranium project in 2024, which it says is the largest mineable uranium deposit in the US. The company’s land package spans the Oregon-Nevada border, with the mine on the Oregon side and the plant on the Nevada side. The Aurora deposit has a near-surface resource of over 50 million pounds of uranium, generated from more than 500 holes drilled to date. Adjacent to Aurora is the Cordex deposit, which has had over 100 holes drilled into it and offers significant upside of additional uranium resources, Mukhija said. Rising demand “We saw what was happening with power demand when it comes to AI and cryptocurrencies and quantum computing and not even mentioning the humanoid robot wave that’s probably going to come as well,” Mukhija said. “So after two decades of relatively flat power demand, we’re at this inflection point where, you know, energy usage could triple by 2050. So we always wanted to be a part of that and addressing that big problem that’s coming.” “And nuclear, I believe, is the only way to do that, compared to intermittent power sources like wind and solar, which are great, but they don’t provide that baseload power level at the capacity factor that nuclear does.” Small modular reactor technology Alongside its Aurora asset, the company is also bringing to market its small modular reactor technology, which was developed at the University of New Mexico. Mukhija said Eagle Energy Metals will be the first domestic uranium resource exploration firm with SMR technology. SMR is an advanced nuclear reactor design that is significantly smaller and more flexible than traditional large reactors. “It’s a fully portable, walkaway safe, liquid-cooled metal fast reactor. And these are built completely at a factory, sealed, and then they’re delivered to site. Our micro modular reactor can deliver up to 3.3 megawatts of power,” Mukhija said, adding that the SMRs can be deployed at disaster relief areas, military outposts, and mine sites. Mukhija said the executive orders to expand critical minerals production in the US aim to quadruple nuclear energy capacity in the United States by 2050. “You’re going to go from 50 million pounds to 200 million pounds of uranium that’s needed. And that’s not even taking into consideration the build-out that China is going to be doing.” “AI cannot be decoupled from national defense – power is the bottleneck. We’re in project Manhattan 2.0. We need to get as much power generation as possible.” “And we’re excited to be a part of the Western response to all of that because we need to make sure that the United States has uranium and fuel for their reactors. This project meets national policy initiatives of a resource that the country needs.” The company is focused on baseline environmental and cultural studies, and plans to start a prefeasibility study in H2 2026. This year, it completed a SK1300 technical report summary on the Aurora asset.

The Ethereum price has spent the past weeks stuck in a wide consolidation zone, testing bullish momentum as analysts anticipate its next big breakout. One market expert has highlighted a critical level for ETH, suggesting that as long as the second-largest cryptocurrency can hold above this level, its path to surpassing the $5,000 milestone remains intact. Ethereum Price Faces Critical Level At $4,400 According to market expert Daan Crypto Trades on X social media, Ethereum’s recent price action has been choppy following two slow weeks of trading. The analyst’s chart shows that ETH has oscillated between $4,100 and $4,800, with several stop hints and liquidity grabs creating false moves on both the bullish and bearish side. Despite these fluctuations, the $4,400 zone, which sits around the 200-day Moving Average (MA) on the 4-hour chart, continues to act as the key support level that stands between ETH and the $5,000 milestone. Daan Crypto Trades noted that this critical support is not just technical but also aligns with strong accumulation levels. The analyst highlighted that Bitmine Immersion Technologies, Inc. (BMNR) has been steadily adding to positions, though at a slightly lower pace as Net Asset Value (NAV) flows ease. This shows that as long as Ethereum can maintain its price above the $4,400 support level, buyers may remain in control. The chart clearly illustrates this battle for support. ETH’s dips below $4,500 have so far been short-lived, with price consistently bouncing back into the consolidation range. This repeated defense strengthens the case for Ethereum to sustain its momentum and build the foundation for a run above $5,000. For now, patient accumulation within the consolidation zone appears to be the market’s strategy as the cryptocurrency gears up for a potential breakout once broader conditions align. $5,000 Is Only A Matter Of Time In a follow-up analysis, Daan Crypto Trades reinforced his bullish view, noting that Ethereum is essentially in a “$5,000 waiting room.” The analyst’s chart highlights this view, showing ETH rebounding strongly after retesting the $4,400 region. With both the 200 MA and 200 EMA on the 4-hour chart acting as underlying support, the cryptocurrency’s structure appears intact despite short-term volatility. Daan Crypto Trades suggested that while a retest of $4,000 – $4,100 is still possible, the market is unlikely to sustain a breakdown below that zone as long as ETH holds $4,400. In other words, maintaining this critical support could pave the way for new all-time highs. The chart also reflected the market’s resilience, with ETH rejecting the lows and quickly climbing back toward $4,600. Such a rebound often signals that bulls may be preparing for the next leg higher. If the momentum continues, Ethereum retesting its former all-time high of $4,868 and breaking above $5,000 may only be a matter of time.

Log in to today's North American session Market wrap for September 19 Today’s story was one of cautious optimism for global trade, as both Washington and Beijing struck a more constructive tone. President Trump described the talks with Xi Jinping as “positive and constructive,” while adding that progress had been made on “several important issues.” That shift in rhetoric provided a relief bid across risk assets, even as broader market themes remained volatile. And despite all the classic diplomatic talk, Markets are still awaiting for actual concrete news but for now, we will content with the current words from Xi and Trump which don't sound too pessimistic overall. As long as they keep discussing, progress can be made but the path is still to deglobalization amid a growing economic cold war between the two superpowers. In that aspect, the latest Global acquisition of US Treasuries data, China moved to slash its UST holdings — now at the lowest since 2008 — is a reminder of lingering financial tensions beneath the surface. On the other hand, Japan and the Uk boost their acquisitions by quite a lot. Canada also reopened its trade dialogue with the US, another sign that tariff-heavy relations could see small steps toward easing. The US Dollar raging back higher is also one of the themes of today's session and will have to be tracked closely looking forward, as a potential double bottom could now be coming in play. Commodities also surprised to the upside, not such a shocker when seeing the better tone around global trade as seen in the headlines, but overall, a discrepancy of a USD rising higher and Gold/Silver also rising is giving an interesting picture. Overall, these flows keep coming at the cost of US treasuries which are the denominator (and getting sold off aggressively amid a not-so-dovish FED). An interesting term that could be in play is reflation – I invite you to look this term up which corresponds well to the current flows. Read More:Markets Weekly Outlook - PMI and PCE in the Spotlight as US Dollar Remains Sensitive to US Labor DataEnd of week US stock market outlook – S&P 500, Nasdaq and Dow Jones chartsPost-FOMC US dollar surge shifts global markets – DXY outlookCross-Assets Daily Performance Cross-Asset Daily Performance, September 19, 2025 – Source: TradingView Stocks are finishing close to their highs but the ongoing close is not as impressive as metals, which are raging higher yet again: Silver just broke $43, new yearly highs. Nothing seems to stop the everything rally – Once again, the reflation trade is booming. It explains the entire flows of this year. Also, cryptocurrencies and particularly altcoins got slammed today, seemingly from profit-taking as nothing shocking appeared. Overall, the weekly close is certainly far from scary, but does offer some interesting pictures. A picture of today's performance for major currencies Currency Performance, September 19 – Source: OANDA Labs Today marked the comeback of the forgotten currencies of 2025 – The Canadian Dollar, which landed first of all majors, followed by the US Dollar and the Japan Yen. A fairly fresh picture as all of these currencies had been struggling since the onset of this year, with their fairly despicable fundamentals (bad economy for the Loonie, de-globalization for the USD and low rates for the Yen) – Are things changing or is this just some end-week flows? We'll see that next week. A look at Economic data releasing in tonight and tomorrow's sessions For all market-moving economic releases and events, see the MarketPulse Economic Calendar. This weekend will see a few headlines releasing for economic-aficionados – Saturday will start with the European Economic and Financial Affairs Council to target economic coordinates measures for 27 member nations. Sunday will see the advent of the PBoC rate decision where huge stimulus is expected to be announced, particularly as some speakers previewed that the decision would be easier to make after the FED cut. For Monday, get ready for a flurry of Central Bank speakers throughout the entire day. The FX week is going to be an interesting one! Safe Trades and an enjoyble weekend! Follow Elior on Twitter/X for Additional Market News, interactions and Insights @EliorManier 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.