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[Ripple] – [Friday, 12 September 2025] The Golden Cross condition of the EMAs, along with the RSI being in the Neutral-Bullish area, means Ripple has the potential to strengthen throughout today. Although there is a possibility of a correction due to the appearance of Divergence on the RSI, as long as the price does not break and close below 2.9184, Ripple remains in a bullish bias. Key Levels 1. Resistance. 2 : 3.0800 2. Resistance. 1 : 3.0460 3. Pivot : 2.9992 4. Support. 1 : 2.9652 5. Support. 2 : 2.9184 Tactical Scenario Positive Reaction Zone: If Ripple's price breaks out and closes above 3.0460, it will likely continue strengthening up to 3.0800. Momentum Extension Bias: If the 3.0800 level is broken and closed above, Ripple potentially extends gains even further. Invalidation Level / Bias Revision The upside bias weakens if Ripple breaks and closes below 2.9184, which would invalidate the bullish outlook. Technical Summary EMA(50) : 3.0223 EMA(200): 2.9731 RSI(14) : 63.49 + Divergent Economic News Release Agenda: Tonight, economic data from the United States will be released as follows: US - Prelim UoM Consumer Sentiment - 21:00 WIB US - Prelim UoM Inflation Expectations - 21:00 WIB The material has been provided by InstaForex Company - www.instaforex.com

This is a follow-up analysis and an update of our prior report “AUD/USD Technical: Further Aussie rally towards major resistance, supported by firmer China core inflation”, published on 10 September 2025. The price actions of the AUD/USD have indeed jumped as expected; it rallied by 1.2% to record an intraday high of 0.6690 on Friday, 12 September, Asia session at the time of writing, and hit the lower limit of the 0.6660/0.6680 major resistance zone mentioned in our publication. Fig. 1: 5-day rolling performances of major currencies versus the US dollar as of 12 Sep 2025 (Source: TradingView) Based on the 5-day rolling performances of the US dollar against the major currencies as of Friday, 12 September, the Australian dollar is the strongest performing currency, where the US dollar shed -1.67% against the AUD, a larger magnitude than the loss of -0.3% seen in the US Dollar Index over the same period (see Fig. 1). What’s next? Let’s break down for you the key fundamental factors and technical elements that are likely to drive forward the movement of the AUD/USD in the near to medium-term time horizon. Further demand-side weakness in the US economy Fig. 2: US Unemployment Rate, ISM Manufacturing/Services Employment & University of Michigan Consumer Sentiment as of Aug 2025 (Source: TradingView) The rally seen in the Australian dollar in the past two weeks has been more attributed to external economic forces (the US and China). On the US side of the equation, more evidence that the deterioration of the US labour market (weaker-than-expected non-farm payrolls data for August, unemployment rose to almost a 4-year high of 4.3%, and initial jobless claims for the week ending 6 September increased to 263,000, the highest level since October 2021). All these latest lackluster US labour market data outweigh the risk of a sticky inflationary trend in the US due to the US White House’s trade tariffs, which have triggered the pricing of a more pronounced Fed dovish pivot that is likely to kickstart next week at the FOMC meeting on 17 September. Today at 14:00 GMT, the preliminary September reading of the University of Michigan’s consumer sentiment index will be released, a key leading indicator of US demand-side conditions. According to the Trading Economics website, market forecasts are at 58, a slight dip from August’s print of 58.2. The major trend of the University of Michigan’s US consumer sentiment has been deteriorating since March 2024’s print of 79/4, and if September’s print is below expectations (below 58), it is likely to trigger higher odds of Fed’s rate cuts bets in 2026, and asserts further downside pressure on the US dollar, in turn, boosting indirect demand for AUD (see Fig. 2). Higher Iron Ore futures prices trigger a positive feedback loop back into AUD/USD Fig. 3: Iron Ore CFR China futures with AUD/USD as of 12 Sep 2025 (Source: TradingView) In our previous publication, we highlighted that the latest core CPI inflation trend in China has reduced the risk of an entrenched deflationary risk spiral. It will have a trickle-down positive impact on the demand for iron ore, which is one of Australia’s key exports to China. The forward-looking demand for iron ore can be gauged by examining the trends of the iron ore futures, which have a direct correlation with the movement of the AUD/USD (see Fig. 3). Recent price actions of the Iron Ore CFR China futures listed on the Singapore Exchange have started to form a major bullish basing formation since September 2024 and traded back up above its 200-day moving average since the week of 4 August 2025. A further move up in the Iron Ore CFR China futures and a break above 113.75 is likely to trigger a major positive feedback loop back into the AUD/USD (see Fig. 3). Let’s now dive deeper into the technical analysis aspects of AUD/USD and determine its next near-term trajectory (1 to 3 days), key levels to watch, and key technical elements. Fig. 4: AUD/USD minor trend as of 12 Sep 2025 (Source: TradingView) Fig. 5: AUD/USD medium-term & major trends as of 12 Sep 2025 (Source: TradingView) Preferred trend bias (1-3 days) The minor bullish trend of AUD/USD from the 4 September 2025 low remains intact, but a risk of a minor pullback first before a potential new impulsive up move sequence materializes. Maintain bullish bias with an adjusted short-term pivotal support at 0.6620 to contain the potential minor pull-back, and a clearance above 0.6700 adds impetus for the next intermediate resistance to come in at 0.6760 (also a Fibonacci extension) in the first step (see Fig. 4). Key technical elements The major resistance of the AUD/USD stands at 0.6660/0.6700, which is defined by the upper boundary of the medium-term “Expanding Wedge” range configuration and the long-term secular descending trendline from the 25 February 2021 high (see Fig. 5).The daily RSI momentum indicator of the AUD/USD has continued to trend higher after its bullish breakout on 5 September 2025 and has not reached its overbought region (above 70). These observations suggest a potential bullish signal for the AUD/USD to break above 0.6700 (see Fig. 5).The yield spread between Australia’s 2-year sovereign bond and the US Treasury note has steadily narrowed from -0.55% on 1 August 2025 to -0.19% at the time of writing. This recent breakout above a 5-day descending resistance reinforces the bullish momentum in AUD/USD (see Fig. 4).Alternative trend bias (1 to 3 days) A break below 0.6620 key short-term support negates the bullish scenario on the AUD/USD to expose the next intermediate supports at 0.6580 and 0.6550. 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.

[Chainlink] – [Friday, 12 September 2025] With the EMA(50) positioned above the EMA(200) which indicating a Golden Cross and the RSI in the Neutral-Bullish area, Chainlink is likely to strengthen today. Key Levels 1. Resistance. 2 : 24.84456 2. Resistance. 1 : 24.51180 3. Pivot : 23.91681 4. Support. 1 : 23.58405 5. Support. 2 : 22.98906 Tactical Scenario Positive Reaction Zone: If the price successfully breaks and closes above 23.91681, it has the potential to continue strengthening to 24.51180. Momentum Extension Bias: If 24.51180 is broken and closed above, the price could test the 24.84456 level. Invaldation Level / Bias Revision The upside bias weakens if the Chainlink price breaks and closes below 22.98906. Technical Summary EMA(50) : 24.12134 EMA(200): 23.51145 RSI(14) : 68.18 Economic News Release Agenda: Tonight, there will be economic data releases from the United States as follows: US - Prelim UoM Consumer Sentiment - 21:00 WIB US - Prelim UoM Inflation Expectations - 21:00 WIB The material has been provided by InstaForex Company - www.instaforex.com

Concerns about a potential crypto bubble have intensified over the past few days, with industry leaders like Arjun Sethi, co-CEO of crypto exchange Kraken, voicing alarm over the current state of the digital asset landscape. Sethi Warns Of Short-Term Crypto Bubbles In a recent interview with Fortune at the Brainstorm Tech conference in Park City, Utah, Sethi acknowledged the presence of a bubble when examining short-term market trends. During the panel discussion, Sethi noted, “If you look at it quarter by quarter, the answer is yes, we get into those bubbles all the time.” Since the beginning of the year, the market’s leading cryptocurrency, Bitcoin (BTC), has achieved multiple all-time highs, contributing to a total market capitalization exceeding $4 trillion for the first time. This surge has been fueled by pro-crypto regulations stemming from President Donald Trump’s administration and crypto-focused initial public offerings (IPOs) in the United States from firms like Circle (CRLC) and the crypto exchange Bullish (BLSH). The current enthusiasm in the crypto market can be partially attributed to its correlation with the stock market, particularly following record highs in the S&P 500 since President Donald Trump took office. Some argue that these developments provide investors with exposure to cryptocurrencies that may not be accessible through traditional brokerage accounts. However, skeptics caution that many of these firms are merely capitalizing on the hype, leading to unsustainable valuations that could result in a market crash. Silbert Predicts Most Digital Assets Will Crash Recent data indicates that there may already be signs of a downturn. According to Architect Partners, a crypto advisory and financing firm, the average stock price of 15 digital asset treasuries dropped by 15% last week, raising red flags about the stability of the market. Conversely, Barry Silbert, founder of Digital Currency Group (DCG), expressed a more optimistic outlook during the same panel. He acknowledged the presence of “overvalued assets” within the crypto space, stating, “There’s a whole lot of crap in crypto right now, which is overvalued. I think 99% of crypto is absolutely going to zero.” Further complicating the landscape, Elliott Management, an activist investment firm, has also raised alarms about the cryptocurrency market. In a recent investor letter, the firm pointed to the rapid inflation of the so-called crypto bubble, attributing it in part to perceived endorsements from the White House during Trump’s administration. Elliott Management warned that the dramatic rise in crypto prices poses risks not only to individual investors but also to the overall economy. They caution that an impending collapse of this bubble could have unforeseen consequences, potentially destabilizing financial markets at large. Featured image from DALL-E, chart from TradingView.com

BNB price is gaining pace above the $885 zone. The price is now showing positive signs and might aim for a move above the $920 level in the near term. BNB price started a fresh increase above the $880 and $900 levels. The price is now trading above $900 and the 100-hourly simple moving average. There is a key bullish trend line forming with support at $898 on the hourly chart of the BNB/USD pair (data source from Binance). The pair must stay above the $885 level to start another increase in the near term. BNB Price Extends Gains BNB price formed a base above the $850 level and started a fresh increase, beating Ethereum and Bitcoin. There was a steady move above the $870 and $885 levels. The bulls even cleared the $895 resistance zone. A new all-time high was formed at $908 and the price is now consolidating gains. It is trading near the 23.6% Fib retracement level of the upward move from the $888 swing low to the $908 high. The price is now trading above $900 and the 100-hourly simple moving average. Besides, there is a key bullish trend line forming with support at $898 on the hourly chart of the BNB/USD pair. On the upside, the price could face resistance near the $908 level. The next resistance sits near the $912 level. A clear move above the $912 zone could send the price higher. In the stated case, BNB price could test $920. A close above the $920 resistance might set the pace for a larger move toward the $945 resistance. Any more gains might call for a test of the $1,000 handle in the near term. Short-Term Pullback? If BNB fails to clear the $908 resistance, it could start another decline. Initial support on the downside is near the $898 level. The next major support is near the $893 level or the 76.4% Fib retracement level of the upward move from the $888 swing low to the $908 high. The main support sits at $888. If there is a downside break below the $888 support, the price could drop toward the $872 support. Any more losses could initiate a larger decline toward the $865 level. Technical Indicators Hourly MACD – The MACD for BNB/USD is gaining pace in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for BNB/USD is currently above the 50 level. Major Support Levels – $898 and $888. Major Resistance Levels – $908 and $920.

Macroeconomic Report Analysis: There are a lot of macroeconomic reports scheduled for Friday, which is rather unusual. In Germany, a second, relatively minor estimate for August inflation will be released. In the UK, there will be low-importance monthly reports on GDP and industrial production. In the US, there's the not-so-important University of Michigan Consumer Sentiment Index. In all cases, significant market reaction is only possible if there is a serious deviation from forecasted values. Fundamental Events Analysis: There is nothing notable among fundamental events for Friday. The ECB meeting was just yesterday, so the market has already absorbed all necessary information. The Fed meeting will be held next week, which means FOMC members are not permitted to give any comments or interviews at present. On Friday, traders can focus on only a few non-critical reports. General Conclusions:On the last trading day of the week, both currency pairs may resume upward movement, but new buy signals are needed for this. For the euro, a breakout above 1.1737–1.1745 will lead to further growth with a target of 1.1808. A bounce down from 1.1737–1.1745 allows for considering shorts, though substantial declines are not expected. For the pound, a bounce from 1.3529–1.3543 or a breakout above 1.3574–1.3590 makes long positions attractive, while a consolidation below 1.3529–1.3543 justifies shorts. In both cases, long positions remain preferable. Key Rules for the Trading System:Signal Strength: The shorter the time it takes for a signal to form (a rebound or breakout), the stronger the signal.False Signals: If two or more trades near a level result in false signals, subsequent signals from that level should be ignored.Flat Markets: In flat conditions, pairs may generate many false signals or none at all. It's better to stop trading at the first signs of a flat market.Trading Hours: Open trades between the start of the European session and the middle of the US session, then manually close all trades.MACD Signals: On the hourly timeframe, trade MACD signals only during periods of good volatility and a clear trend confirmed by trendlines or trend channels.Close Levels: If two levels are too close (5–20 pips apart), treat them as a support or resistance zone. Stop Loss: Set a Stop Loss to breakeven after the price moves 15–20 pips in the desired direction.Key Chart Elements:Support and Resistance Levels: These are target levels for opening or closing positions and can also serve as points for placing Take Profit orders. Red Lines: Channels or trendlines indicating the current trend and the preferred direction for trading. MACD Indicator (14,22,3): A histogram and signal line used as a supplementary source of trading signals. Important speeches and reports, which are consistently featured in the news calendar, can significantly influence the movement of a currency pair. Therefore, during their release, it is advisable to trade with caution or consider exiting the market to avoid potential sharp price reversals against the prior trend. Beginners in the Forex market should understand that not every transaction will be profitable. Developing a clear trading strategy and practicing effective money management are crucial for achieving long-term success in trading. The material has been provided by InstaForex Company - www.instaforex.com

Avalanche (AVAX) has reclaimed a crucial level as support after its recent rally, fueled by multiple bullish developments for the ecosystem. Some analysts forecast a massive rally toward the start-of-year highs if the momentum holds. Avalanche Eyes 35%-40% Rally On Thursday, Avalanche hit a seven-month high of $29.99 after breaking out of its multi-month accumulation range and turning the $26.50 resistance into support for the first time since February. The cryptocurrency has been rallying over the past few days, currently printing five consecutive green candles in the daily timeframe. Analyst Sjuul from AltCryptoGems noted that AVAX had been pushing on the key resistance, holding a series of higher local lows before smashing past this area. A breakout from this resistance level could set the stage for a rally to the start-of-year range between $40-$45, the market watcher signaled in a previous analysis. Similarly, Rekt Capital highlighted that Avalanche had been “working to build a cluster of stability” since late July, which resembles the mid-2024 re-accumulation range that preceded Q4 2024’s breakout. According to the analyst, “if repeated, could open the green pathway toward the red resistance region that is increasingly confluent with the Macro Wedge top.” He explained that AVAX has been forming Higher Lows in the weekly timeframe, positioning the price slightly higher with each retest. As a result, a weekly close above the $26 area, followed by a successful post-breakout retest, would enable AVAX price to reclaim the $30 resistance region and attempt to retest the Macro Wedge Top, currently around the $35 mark. Market watcher CW pointed out that Avalanche’s next sell wall exists around the $35-$36 area, suggesting that the cryptocurrency could retest this level in the coming days if momentum continues. Meanwhile, the next major support zone sits around the $24 level, which could be revisited in case of a rejection from the key resistance. Crypto Treasuries, Partnerships Drive Momentum As the market turns green again, multiple bullish developments have also fueled AVAX’s rally. According to recent reports, the Avalanche Foundation, the nonprofit behind the project, is seeking to raise $1 billion to establish two US-based crypto treasury vehicles. One of the deals, led by Hivemind Capital and advised by SkyBridge’s founder Anthony Scaramucci, aims to raise up to $500 million in a private investment in a Nasdaq-traded company. It is expected to be completed by the end of September. The other deal, which is expected to be closed in October, seeks to raise the same amount and involves a special purpose acquisition (SPAC) vehicle sponsored by Dragonfly Capital. Notably, the funds from the two deals will reportedly be destined to purchase millions of AVAX from the Avalanche Foundation’s reserves, which could continue to fuel momentum for the cryptocurrency. Meanwhile, Ava Labs secured a strategic partnership with Toyota Blockchain Lab to build a blockchain-based system, the Mobility Open Network (MON), designed to pave the road for new emerging use cases, including robotaxi fleets. Additionally, the company behind the Avalanche Network also signed a Memorandum of Understanding (MoU) agreement with WeBlock to push Real-World Asset (RWA) tokenization and stablecoins in South Korea. As of this writing, Avalanche trades at $29.04, a 22.7% increase in the monthly timeframe.

Gold, after reaching a low around $3,613, made a strong technical rebound and is now trading around $3,652. It is likely to continue rising until the price reaches the R_2 daily resistance around $3,667. The metal could eventually reach its high around $3,673. Conversely, if gold retraces below the 61.8% Fibonacci level around $3,650, we could expect the bearish cycle to resume, and it could fall to the 21SMA located at $3,630 and even return to price levels around the 6/8 Murray level located at $3,593. The Eagle indicator on the H1 chart has been showing a positive signal since September 11, so any pullback in the gold price in the coming days will be seen as a buy signal. It is likely to reach the $3,673 level or even the psychological level of $3,700. The material has been provided by InstaForex Company - www.instaforex.com

Bitcoin, having reached a weekly high around $116,400, is currently undergoing a technical correction and is likely to find strong support around the 21SMA at $114,600 or around the bottom of the uptrend channel formed on September 9 at $114,500. If Bitcoin consolidates above $114,500, it will be seen as a signal to resume buying, with targets at the top of the uptrend channel around $117,448. Crypto could even reach the 6/8 Murray level at $118,750. Conversely, a break below $114,500 could be seen as a strong technical correction, and Bitcoin could drop to the 4/8 Murray level at $112,500. The eagle indicator on the H1 charts has reached overbought levels, and it's likely that after a technical correction, Bitcoin's bullish cycle will resume and could reach $117,500 in the coming days. The material has been provided by InstaForex Company - www.instaforex.com

Thursday Trade Review:1H Chart of GBP/USD The GBP/USD pair also showed decent growth on Thursday, mainly due to the US inflation report. Many traders are now wondering why the dollar fell again if US inflation rose (which is usually bullish for the dollar). After all, rising inflation means the Fed has less reason to cut the key rate aggressively. That's true, but for the last two weeks it's been clear that the Fed's No. 1 priority is now saving the labor market, which has been weak for four straight months. Thus, two rate cuts by year-end are now practically a done deal. The fact that US inflation is rising—who can be surprised by that during a global trade war the US initiated? The market simply used the inflation report as a trigger for active moves. The dollar has no chances for medium-term growth—whether inflation is high or low, the Fed will be easing monetary policy anyway. 5M Chart of GBP/USD In the 5-minute timeframe, Thursday's movements weren't the best, and the first trading signal came only after the US inflation report. Price broke through the 1.3529–1.3543 area and within an hour reached the target zone of 1.3574–1.3590. Thus, a small profit could be made. How to Trade on Friday:On the hourly timeframe, GBP/USD is showing signs of a renewed uptrend, and on higher timeframes, the upward bias remains. As already mentioned, there's no reason to expect medium-term dollar growth, so we expect the pound to keep rising. On Friday, the GBP/USD pair may well continue moving north. A bounce from the 1.3529–1.3543 area could spark a fresh leg up. A break above the 1.3574–1.3590 zone may also trigger further gains in the pound. Thus, long positions will be relevant today. Consider shorts only if the price consolidates below 1.3529–1.3543. On the 5-minute timeframe, you can currently trade around the levels: 1.3102–1.3107, 1.3203–1.3211, 1.3259, 1.3329–1.3331, 1.3413–1.3421, 1.3466–1.3475, 1.3529–1.3543, 1.3574–1.3590, 1.3643–1.3652, 1.3682, 1.3763. For Friday, the UK is scheduled to release July GDP and industrial production data. These reports may only provoke a very weak market reaction. A slightly stronger reaction can be expected from the University of Michigan Consumer Sentiment Index. Core Trading System Rules:Signal Strength: The shorter the time it takes for a signal to form (a rebound or breakout), the stronger the signal.False Signals: If two or more trades near a level result in false signals, subsequent signals from that level should be ignored.Flat Markets: In flat conditions, pairs may generate many false signals or none at all. It's better to stop trading at the first signs of a flat market.Trading Hours: Open trades between the start of the European session and the middle of the US session, then manually close all trades.MACD Signals: On the hourly timeframe, trade MACD signals only during periods of good volatility and a clear trend confirmed by trendlines or trend channels.Close Levels: If two levels are too close (5–20 pips apart), treat them as a support or resistance zone.Stop Loss: Set a Stop Loss to breakeven after the price moves 20 pips in the desired direction.Key Chart Elements:Support and Resistance Levels: These are target levels for opening or closing positions and can also serve as points for placing Take Profit orders. Red Lines: Channels or trendlines indicating the current trend and the preferred direction for trading. MACD Indicator (14,22,3): A histogram and signal line used as a supplementary source of trading signals. Important Events and Reports: Found in the economic calendar, these can heavily influence price movements. Exercise caution or exit the market during their release to avoid sharp reversals. Forex trading beginners should remember that not every trade will be profitable. Developing a clear strategy and practicing proper money management are essential for long-term trading success. The material has been provided by InstaForex Company - www.instaforex.com

Thursday Trade Review:1H Chart of EUR/USD The EUR/USD currency pair demonstrated strong growth on Thursday and continues to remain in its new upward trend, although the movement is still somewhat weak. It feels like market makers are waiting for the right moment—and that moment has not yet arrived. Recall that the dollar still has every reason to keep falling: nothing has fundamentally improved in the US lately to justify a dollar rally. Yesterday, the ECB decided to keep all monetary policy parameters unchanged, signaling to the market that policy easing won't occur any time soon. Meanwhile, the Fed is set to resume cutting its key rate as early as next week, and in the next year or two could implement major monetary stimulus. If the euro were rising even as the ECB cut rates, what would happen when the Fed starts easing? Thus, expectations should remain for further growth in the European currency, though technicals should not be ignored. For example, a break below the trendline may indicate the start of a new downward move. 5M Chart of EUR/USD In the 5-minute timeframe, a great buy signal emerged just 15 minutes before the US inflation release, triggering the pair's rally. Novice traders could have opened long positions on the bounce from the 1.1655–1.1666 area, putting their Stop Loss to breakeven 10 minutes later. To be fair, yesterday's signal was quite risky as it formed at the intersection of two major events—the ECB meeting and the US inflation report. Still, it offered a good profit opportunity. How to Trade on Friday:On the hourly chart, EUR/USD has every chance to resume its uptrend, which has been forming since the year began. The fundamental and macroeconomic backdrop remains very bearish for the US dollar, so we still do not expect dollar strength. In our opinion, as before, the greenback can only expect technical corrections. However, a break below the trendline could spark a new technical down move in the pair. On Friday, EUR/USD may continue its upward movement since the trend remains bullish. However, new longs require a breakout above the 1.1737–1.1745 zone. On the 5-minute chart, focus on the levels: 1.1198–1.1218, 1.1267–1.1292, 1.1354–1.1363, 1.1413, 1.1455–1.1474, 1.1527, 1.1571–1.1584, 1.1655–1.1666, 1.1737–1.1745, 1.1808, 1.1851, 1.1908. On Friday, the EU will release an unimportant (second estimate) inflation report for Germany. In the US, the University of Michigan Consumer Sentiment Index (a little more important) will be published. Core Trading System Rules:Signal Strength: The shorter the time it takes for a signal to form (a rebound or breakout), the stronger the signal.False Signals: If two or more trades near a level result in false signals, subsequent signals from that level should be ignored.Flat Markets: In flat conditions, pairs may generate many false signals or none at all. It's better to stop trading at the first signs of a flat market.Trading Hours: Open trades between the start of the European session and the middle of the US session, then manually close all trades.MACD Signals: On the hourly timeframe, trade MACD signals only during periods of good volatility and a clear trend confirmed by trendlines or trend channels.Close Levels: If two levels are too close (5–20 pips apart), treat them as a support or resistance zone.Stop Loss: Set a Stop Loss to breakeven after the price moves 15 pips in the desired direction.Key Chart Elements:Support and Resistance Levels: These are target levels for opening or closing positions and can also serve as points for placing Take Profit orders. Red Lines: Channels or trendlines indicating the current trend and the preferred direction for trading. MACD Indicator (14,22,3): A histogram and signal line used as a supplementary source of trading signals. Important Events and Reports: Found in the economic calendar, these can heavily influence price movements. Exercise caution or exit the market during their release to avoid sharp reversals. Forex trading beginners should remember that not every trade will be profitable. Developing a clear strategy and practicing proper money management are essential for long-term trading success. The material has been provided by InstaForex Company - www.instaforex.com

XRP price gained pace for a move above the $3.00 resistance. The price is now consolidating gains and might start another increase above $3.080. XRP price is facing hurdles and struggling to clear the $3.080 resistance. The price is now trading above $3.00 and the 100-hourly Simple Moving Average. There is a key bullish trend line forming with support at $3.020 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could continue to rise if it stays above the $2.950 zone. XRP Price Eyes Upside Break XRP price managed to stay above the $2.880 level and started a fresh increase, beating Bitcoin and Ethereum. The price climbed above the $2.920 and $2.980 resistance levels. The bulls even pumped the price above the $3.020 level. A high was formed at $3.0725 and the price is now consolidating gains. There was a minor decline and the price tested the 23.6% Fib retracement level of the upward move from the $2.9365 swing low to the $3.0725 high. The price is now trading above $3.00 and the 100-hourly Simple Moving Average. Besides, there is a key bullish trend line forming with support at $3.020 on the hourly chart of the XRP/USD pair. If the bulls protect the $3.00 support, the price could attempt another increase. On the upside, the price might face resistance near the $3.050 level. The first major resistance is near the $3.080 level. A clear move above the $3.080 resistance might send the price toward the $3.120 resistance. Any more gains might send the price toward the $3.150 resistance. The next major hurdle for the bulls might be near $3.20. Downside Correction? If XRP fails to clear the $3.080 resistance zone, it could continue to move down. Initial support on the downside is near the $3.00 level. The next major support is near the $2.9880 level and the 50% Fib retracement level of the upward move from the $2.9365 swing low to the $3.0725 high. If there is a downside break and a close below the $2.9880 level, the price might continue to decline toward $2.950. The next major support sits near the $2.920 zone, below which the price could gain bearish momentum. Technical Indicators Hourly MACD – The MACD for XRP/USD is now gaining pace in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for XRP/USD is now above the 50 level. Major Support Levels – $3.020 and $3.00. Major Resistance Levels – $3.080 and $3.120.

As Ethereum (ETH) trades in the mid $4,000 range, the Chicago Mercantile Exchange (CME) futures open interest (OI) for the digital asset continues to hit new highs. Against that backdrop, analysts are now predicting a new all-time high (ATH) for ETH later this year. Ethereum New ATH By End Of 2025? According to a CryptoQuant Quicktake post by contributor PelinayPA, Ethereum’s CME futures OI is steadily moving towards new highs. The analyst brought attention to past data about Ethereum futures OI to predict its next move. Back in 2021-2022, Ethereum futures OI remained relatively low, largely dominated by 1-2 month contracts. At the time, although ETH gained bullish momentum, institutional exposure to the cryptocurrency on CME was still limited. In sharp contrast, during the 2022 bear market, a drop in the ETH price led to a steep decline in its OI. While the period was still dominated by short-term contracts, long-term contracts stayed low, indicating weak institutional confidence in ETH. However, a trend change was observed during the 2023-2024 recovery as Ethereum OI started to rise again – specifically among 3-6 month contracts. Simultaneously, institutional demand grew alongside ETH’s price. Fast-forward to 2025, Ethereum OI has surged to new highs. As ETH rallied to the $4,500 to $5,000 range, there was a noticeable growth in short-term contracts. This dynamic indicates strong institutional participation and demand for derivatives. The CryptoQuant analyst explained the implications of two potential combinations of OI and contract concentration. First, high OI with concentrated short-term contracts can lead to increased volatility, potentially leading to sharp swings and liquidation cascades. On the contrary, rising long-term OI in 3-6 month contracts indicates growing institutional confidence and potential for higher ETH prices in the long-term. That said, crowded leveraged positions could trigger rapid corrections in the short term. PelinayPA added: ETH is trading around $5K (near ATH) with record OI on CME clear evidence of institutional FOMO. While this supports the ongoing bull trend, liquidation risk is high. Short term volatility and corrections are likely, but the medium to long term outlook remains bullish. Concluding, the analyst predicted that ETH could reach the $6,800 resistance level by the end of 2025. However, any deterioration in the global macroeconomic outlook could stall ETH’s momentum temporarily. Case For A New ETH ATH Besides the aforementioned prediction on the back of rising institutional interest in ETH, positive exchange data is also likely to benefit the cryptocurrency. For example, recent ETH outflows from Binance drove the supply ratio to a new low. In addition, an increasing amount of ETH continues to be staked on the Ethereum network, strengthening the smart contract platform’s fundamentals and making it more robust. At press time, ETH trades at $4,409, down 0.7% in the past 24 hours.

So, yesterday's ECB meeting, as expected, delivered no new information—except "wait and see." But the rise in US CPI for August triggered a flurry of paradoxical articles in the business media, along with increased bets on the Fed cutting rates three times by year-end. Core CPI stayed at 3.1% y/y, while headline CPI rose from 2.7% to 2.9% y/y. The main stir came from jobless claims, which jumped during the week from 235k to 263k. We believe market participants are headed for a rude awakening when the FOMC announces it expects not even two rate cuts, since they've already signaled just one, in September. In fact, the only scenario that could force the Fed to cut rates three times would be a severe crisis that compels major investors to buy up US Treasuries, powerfully and steadily pushing yields down. So far, since the beginning of the year, 5-year Treasury yields have fallen from 4.57% to 3.59%, which is not enough for even two cuts. Realistically, it's most convenient for the Fed to cut once in September and then take a pause. Only a preemptive crisis move—something the Fed rarely does—would lead to another cut in October. On the daily chart, the euro has chosen the MACD line as a neutral anchor, hovering along it for five days now. Apparently, this sideways movement will continue until Wednesday evening, when the Fed announces its monetary policy decision. Eventually, we expect a decline to the support level at 1.1392. For now, we wait. On the H4 chart, the price remains above the indicator lines due to expectations of a tight monetary policy. The Marlin oscillator is also in positive territory. The MACD line at 1.1690 provides support; a drop below it could shift the range down toward the 1.1632 support. The material has been provided by InstaForex Company - www.instaforex.com

On Thursday, the British pound broke above the MACD line resistance and consolidated above it. However, two factors prevent us from adopting a bullish outlook as the main scenario: the very weak growth of the Marlin oscillator and the proximity of the key event of the autumn—the upcoming Fed monetary policy decision next week. If the mass investor is wrong about the market expecting three rate cuts by year-end—and given that the September meeting is extended and features individual FOMC member rate projections—we could see GBP fall to the 1.3253 level (or even 1.3140) in the days immediately following the Fed meeting. For now, we wait. A rise toward 1.3700—the upper boundary of the long-term price channel on the weekly chart—is considered an alternative scenario. But even in this case, unless there is a sustained move above this level, such growth will be a variation of the primary bearish scenario. A similar situation can be seen on the four-hour chart: price is developing above the indicator lines, but the Marlin oscillator is weakening and almost ready to enter negative territory. Most likely, price views the range of 1.3482 (MACD line)–1.3589 as suitable for sideways movement while awaiting the Fed meeting. A consolidation below the MACD line would be an early bearish signal from the market. The material has been provided by InstaForex Company - www.instaforex.com

Ethereum price started a fresh increase and climbed above $4,500. ETH is now consolidating and might aim for more gains if it clears $4,550. Ethereum is now eyeing an upside break above the $4,550 zone. The price is trading above $4,500 and the 100-hourly Simple Moving Average. There is a bullish trend line forming with support at $4,470 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh increase if it settles above $4,550 and $4,580. Ethereum Price Eyes More Gains Ethereum price started a recovery wave after it formed a base above the $4,320 zone, like Bitcoin. ETH price was able to climb above the $4,350 and $4,440 resistance levels. The price even climbed above $4,500. A high was formed at $4,531 and the price is now consolidating gains. There was a minor pullback, but the price stayed above the 23.6% Fib retracement level of the upward move from the $4,268 swing low to the $4,531 high. Ethereum price is now trading above $4,500 and the 100-hourly Simple Moving Average. Besides, there is a bullish trend line forming with support at $4,470 on the hourly chart of ETH/USD. On the upside, the price could face resistance near the $4,530 level. The next key resistance is near the $4,550 level. The first major resistance is near the $4,580 level. A clear move above the $4,580 resistance might send the price toward the $4,650 resistance. An upside break above the $4,650 resistance might call for more gains in the coming sessions. In the stated case, Ether could rise toward the $4,740 resistance zone or even $4,800 in the near term. Another Drop In ETH? If Ethereum fails to clear the $4,550 resistance, it could start a fresh decline. Initial support on the downside is near the $4,470 level and the trend line. The first major support sits near the $4,450 zone. A clear move below the $4,450 support might push the price toward the $4,400 support. Any more losses might send the price toward the $4,370 pivot level in the near term. The next key support sits at $4,270. Technical Indicators Hourly MACD – The MACD for ETH/USD is gaining momentum in the bullish zone. Hourly RSI – The RSI for ETH/USD is now above the 50 zone. Major Support Level – $4,450 Major Resistance Level – $4,550

A China-based entertainment company has made a major move into crypto, buying 300 Bitcoin just as the market trades near $114,000. Pop Culture Group (NASDAQ: CPOP), headquartered in Xiamen, disclosed the $33M purchase in a press release. The company emphasized the beginning of its digital asset treasure and part of wider plans to connect its entertainment business with Web3. It shared its plan to invest in additional assets in Bitcoin, Ethereum, and BOT to establish a diversified crypto fund to finance blockchain-oriented entertainment initiatives. Bitcoin Price Analysis: How is Bitcoin Trading Post Purchase? Bitcoin is holding near $114,400, with intraday moves between $113,200 and $114,700. The broader market remains upbeat as traders bet on US rate cuts after inflation data met expectations. The timing of Pop Culture Group’s entry coincides with what analysts see as a key technical setup for Bitcoin. Merlijn, a crypto analyst, shared the chart on X, which shows Bitcoin has formed another “golden cross” when the 50-week moving average rises above the 200-week moving average. This crossover is widely viewed as a bullish signal. In past cycles, golden crosses have preceded strong rallies. Bitcoin increased 264% in 2015, 2,200% in 2016, and 1,190% in 2020 with the cross, signal, and record highs, respectively. (Source – X) Bitcoin is trading today between $113,000 and $114,000 in a consolidation band. The trend is similar to previous stages, in which the asset established a bottom and then significant upward movements. Analysts observe that the long-term trend is characterized by higher highs and higher lows. Golden crosses do not predict future results, but history indicates that they tend to coincide with the beginning of the multi-year growth cycles. The question that the traders are contemplating now is whether this latest signal will lead to another giant rally or whether it will hang in the middle of the resistance. Bitcoin is still steering the market, even as ETH clears $4,400 and altcoins heat up. Chart analyst Titan of Crypto keeps a long-term Bitcoin target of $129,000. The view rests on an inverse head-and-shoulders pattern that has held up through recent swings. (Source – X) On the weekly chart, price broke decisively above the neckline, drawn against the 2021–2022 peaks. That breakout completes the pattern and points to a measured move toward $129K. Bitcoin is trading around $114,463 after a strong run earlier this year. The retest near $80K acted as a clean support check before the move higher. As long as price holds above the $110K area, the bullish case stays intact. Lose that zone, and momentum could fade. According to SoSoValue data, net inflows hit $757.14M as of today, the strongest in two months. The green bars shoot back into the positive area following a rough period, yet a white line indicates a price that escalates over $113,500. (Source: Total Bitcoin ETF Net Inflow, SoSo Value) Previously witnessed outflows in July and August had been a drag on sentiment. However, new institutional buying is restoring confidence. That is important since consistent ETF bids tend to cushion the pullbacks and can push the price upward. If $110K holds and inflows persist, $129K remains a realistic target. If not, expect a slower grind and deeper tests of support How Are Chinese Firms Finding Ways Into Crypto Despite Restrictions? Markets are leaning toward a September rate cut after US inflation data matched forecasts, giving risk assets a boost. Bitcoin briefly crossed $114,000 as traders priced in a 25 basis point move from the Federal Reserve. CPI numbers remain central to the short-term range. There are still restrictions on trading in the mainland, yet the companies related to China still trade via overseas listing and allotment of treasury shares. The recent Bitcoin acquisition by Pop Culture Group reflects a bigger trend of Asian companies experimenting with Web3 strategies in spite of stated restrictions. Spot ETF flows are driving much of the price action, and inflows hit multi-week highs this week, aligning with Bitcoin’s push back toward resistance at $115K. Trading volumes over the last 24 hours remain strong, showing more influence from macro flows than retail churn. Analysts see $115K as the key hurdle. A clear break and hold could draw in momentum traders chasing higher levels. Failure to push through may trap BTC between $104K and $114K. The post Chinese Money Enters The Picture as Bitcoin Price Slams $114K appeared first on 99Bitcoins.

Bitcoin price is showing positive signs above $114,500. BTC is now consolidating and might rise further if it clears the $116,200 resistance zone. Bitcoin started a fresh increase above the $114,200 zone. The price is trading below $115,000 and the 100 hourly Simple moving average. There is a bullish trend line forming with support at $115,000 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might start another increase if it clears the $116,200 zone. Bitcoin Price Gains Traction Bitcoin price started a fresh recovery wave from the $111,200 zone. BTC managed to climb above the $112,500 and $113,500 resistance levels. The bulls were able to push the price above $114,000 and $115,000. The price traded as high as $116,298 and recently started a consolidation phase. There was a minor decline below $115,800, but the price is still above the 23.6% Fib retracement level of the recent move from the $110,815 swing low to the $116,298 high. Bitcoin is now trading above $114,500 and the 100 hourly Simple moving average. Besides, there is a bullish trend line forming with support at $115,000 on the hourly chart of the BTC/USD pair. Immediate resistance on the upside is near the $116,000 level. The first key resistance is near the $116,200 level. The next resistance could be $116,800. A close above the $116,800 resistance might send the price further higher. In the stated case, the price could rise and test the $117,500 resistance level. Any more gains might send the price toward the $118,400 level. The next barrier for the bulls could be $118,800. Another Decline In BTC? If Bitcoin fails to rise above the $116,200 resistance zone, it could start a fresh decline. Immediate support is near the $115,000 level and the trend line zone. The first major support is near the $113,550 level or the 50% Fib retracement level of the recent move from the $110,815 swing low to the $116,298 high. The next support is now near the $113,000 zone. Any more losses might send the price toward the $112,500 support in the near term. The main support sits at $110,500, below which BTC might decline sharply. Technical indicators: Hourly MACD – The MACD is now gaining pace in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now above the 50 level. Major Support Levels – $115,000, followed by $113,500. Major Resistance Levels – $116,000 and $116,200.

Yesterday, the EUR/NZD pair broke below the daily-scale MACD line at its intersection with the balance line. This is a strong signal for a continued decline. The Marlin oscillator is also moving downward, already into the bearish zone. Downside targets are: 1.9519 (the August 8 low)1.9350 (the July 11 low)1.9188 (the price channel line, as a possible third target, though here the Marlin oscillator would be in oversold territory)We expect a correction from the 1.9350 support level. On the four-hour chart, price and the Marlin oscillator have formed a bullish divergence. However, since the price has passed the magnetic point on the daily chart, the correction is unlikely to be deep, and its potential target at 1.9728 (the MACD line) is not likely to be reached. The material has been provided by InstaForex Company - www.instaforex.com

Crypto markets are “on the edge” of a broad altcoin breakout, with XRP, Dogecoin, and Cardano positioned to lead, according to technical strategist CryptoInsightUK. In a video analysis released today, the analyst argues that structural signals across major charts—supported by improving macro conditions—tilt the risk-reward toward a decisive upside move, provided US inflation data doesn’t deliver a negative surprise. The setup begins with Bitcoin grinding higher into range highs while still sitting in what he calls “a position of potential reversal,” a juncture he links to today’s US CPI print after a softer-than-expected PPI reading. “If CPI comes in weak today, I think the markets will rip,” he said, framing inflation as the swing factor that could unlock risk appetite across crypto. Cardano, Doge, XRP Ready For Lift-Off He contends the strongest signals are emerging away from Bitcoin and Ethereum. On Ethereum, liquidity “still” sits below price around $4,100, with a pocket of resting orders above, leaving open the possibility of “a quick flush… to take that” before higher levels are attacked. “How much of a drop would we need to sweep this liquidity? Six percent,” he said, adding that the base of recent transactions “looks pretty good as a support,” even if a brief downside wick cannot be ruled out. The case for altcoins rests largely on visible liquidity concentrations and higher-timeframe structures. Cardano (ADA), he said, exhibits a favorable imbalance with “a… load of liquidity” stacked above “around one dollar,” and additional magnets in the $1.21 and $1.40 areas if momentum expands. He emphasized the sequence of higher lows and higher highs that preceded a consolidation, a pattern he compared across several charts. Dogecoin (DOGE), in his view, mirrors the same anatomy on a larger timeframe: a prior higher-high/higher-low sequence, a tightening range, and “liquidity above us,” with a push through $0.29 opening a path to targeting $0.45. “I’ve been saying for a while tokens like DOGE look like they are going to absolutely send it,” he said. For XRP, he argued that price action has “led the cycle” and recently broke a well-tracked downtrend on the daily and four-hour charts, while shorter-term liquidity maps now show concentrations overhead. Beyond single names, he anchored his thesis in market-wide breadth gauges. He highlighted “Total 3”—the combined market capitalization of all crypto assets excluding Bitcoin and Ethereum—pressing against prior highs and “knocking at the door… for price discovery.” In a closely related lens, he said “Total 2” (market cap ex-Bitcoin) is one incremental push away—“half a percent higher”—from a highest-ever weekly close, with three days left in the candle. The evolving formations, he added, can be interpreted as an “ascending wedge” that morphs into a “cup and handle” after a textbook Wyckoff-style accumulation and back-test, the kind of structural progression that often resolves with a powerful range break. The Core Thesis Rotation dynamics are at the core of his call. Drawing on an ETH-vs-BTC dominance composite, he said the tape “looks like weakness” for the pair, with heavier volume on down moves in that ratio—an indication, he believes, that capital is migrating from Bitcoin and Ethereum into the broader altcoin complex. “If [Bitcoin] dominance breaks down… it’s better for altcoins,” he said. “As long as capital’s flowing into the market, I don’t really mind which starts to outperform which… but if we have a significant rise in Bitcoin’s price and a drop in dominance, it means that altcoins are going to be absolutely sending it.” At the same time, he flagged the near-term fork in the road. Markets are testing “decision” levels into macro data, and a brief liquidity sweep lower—on Bitcoin and ETH in particular—remains plausible before any sustained impulse. “We’re not in a breakout territory here yet,” he cautioned. “We’ve seen the first signs of it… [and] we could reject here and consolidate for a little bit longer… but one catalyst here and it’s green season in my opinion for crypto generally.” Throughout the analysis, the analyst returned to a handful of price signposts traders are likely to watch: ADA gravity around $1.00 with follow-ups near $1.21 and $1.40; DOGE confirmation above ~$0.29 and then $0.45 as the next objective; and XRP’s break of descending resistance with liquidity pools sitting overhead on intraday maps. If the macro side cooperates, his base case is unambiguous. “I think the breakout is imminent,” he said, pointing to synchronized strength across Total 2 and Total 3, gold’s recent breakout, and equities at or near all-time highs. “This is the sort of time where we’re going to break out,” he added. “Massive breakouts” in altcoins, when they come, often unfold as “a few weeks or a few days of massively green candles.” Even so, he closed with a reminder that timing remains hostage to catalysts. “It’s decision time for the market,” he said. “Could reject here and consolidate… but one catalyst here and it’s green season.” At press time, XRP traded at $2.99.

BlackRock is exploring the idea of turning its exchange-traded fund shares into blockchain-based tokens. The goal is to build a stronger digital foundation for its asset offerings and make them easier to access and move around. This would link traditional financial products with the kind of tech that powers crypto. Builds on Earlier Tokenized Funds This isn’t their first step in the tokenization world. Back in March 2024, BlackRock launched a tokenized money market fund that brought in over two billion dollars. That project worked well enough to spark new ideas. Now, the focus is on expanding tokenization to include ETFs. What Tokenized ETFs Could Unlock By tokenizing ETF shares, BlackRock could open the door to trading beyond regular market hours. People in other countries could access US-based funds more easily. There’s also potential for those tokens to be used as collateral in decentralized platforms. That would give ETF shares a whole new role in digital finance. DISCOVER: Best New Cryptocurrencies to Invest in 2025 Testing the System Behind the Scenes To get there, BlackRock has already started testing how it could work. It used JPMorgan’s Kinexys platform to experiment with the backend. These early trials are about figuring out how to settle trades using blockchain systems while still connecting with traditional clearing setups. Tech Meets Regulation There are still big questions to answer. One challenge is making the timing and mechanics of blockchain trading line up with the existing systems Wall Street uses. Another is figuring out how this fits with current laws. Custodians, exchanges, and regulators will all need to be on the same page. ethereumPriceMarket CapETH$535.53B24h7d1y The Bigger Picture BlackRock’s move is part of a larger trend. Nasdaq has already taken steps to support tokenized versions of stocks and ETFs. Other financial giants are either testing similar ideas or watching closely. The technology is there, but getting the green light from regulators is the next big step. DISCOVER: 20+ Next Crypto to Explode in 2025 Larry Fink’s Tokenization Vision BlackRock CEO Larry Fink has been vocal about tokenization. He believes it could eventually touch almost every financial asset. In his most recent letter to investors, he laid out a future where digital versions of traditional investments are the norm, not the exception. What This Could Mean for Everyone If tokenized ETFs take off, they could speed up how trades are settled and make the whole process more flexible. That could help investors who are locked out of certain markets right now. At the same time, it puts pressure on regulators to make sure everything stays compliant and fair. Still in the Design Phase BlackRock has more work to do before this becomes a reality. Legal structures, operational logistics, and tech standards all need to line up. How quickly that happens will depend on cooperation across multiple industries. If it all comes together, tokenized ETFs might be here sooner than expected. DISCOVER: 20+ Next Crypto to Explode in 2025 Join The 99Bitcoins News Discord Here For The Latest Market Updates Key Takeaways BlackRock is exploring tokenized ETF shares to make traditional funds easier to access, trade, and settle using blockchain tech. The move builds on BlackRock’s earlier success with a tokenized money market fund that raised over $2 billion in early 2024. Tokenized ETFs could unlock 24/7 trading, global access, and new use cases like being used as collateral on DeFi platforms. Testing is already underway using JPMorgan’s Kinexys platform, but questions remain around compliance and integration with legacy systems. BlackRock CEO Larry Fink believes tokenization will reshape finance, but rollout depends on industry coordination and regulatory approval. The post BlackRock Explores Tokenized ETF Shares for Global Access appeared first on 99Bitcoins.

Coinbase is pushing back hard against the SEC. The company filed a motion in federal court, asking for sanctions and fast-tracked discovery after learning that text messages from former SEC Chair Gary Gensler had been deleted. These messages spanned almost a full year, covering a period packed with major crypto developments. Timeline of Missing Messages The missing texts stretch from October 18, 2022 to September 6, 2023. This includes key moments like the collapse of FTX and a series of high-profile enforcement actions. According to an internal report, the texts were wiped when Gensler’s government-issued phone was reset. The SEC had a policy in place to wipe inactive devices, and unfortunately, backups were not up to date. Once the reset happened, everything was gone, including logs that might have helped track what went wrong. Coinbase Sees More Than a Technical Issue Coinbase says this is not just a technical slip. They point out that the SEC was under court orders to preserve all communications related to crypto policy. That includes text messages. The fact that the SEC never searched for or turned over these messages raises serious concerns. Coinbase notes that nearly 40 percent of the messages that were recovered touched on enforcement or policy. These were not just casual exchanges. They could have mattered in shaping how the SEC approached crypto during a critical time. DISCOVER: 9+ Best High-Risk, High-Reward Crypto to Buy in September2025 Details from the Inspector General’s Report The SEC’s internal watchdog confirmed several problems. Gensler’s device had stopped syncing with the agency’s system for more than two months. After 45 days of no contact, the wipe policy kicked in. When the phone was reset, it took out the texting app and all of its contents. Because logs were missing or incomplete, the full timeline could not be reconstructed. This left gaps in what investigators could verify. bitcoinPriceMarket CapBTC$2.30T24h7d1y How the SEC Responded In the wake of the issue, the SEC took a few corrective steps. Senior officials can no longer send texts from agency devices. Backup protocols have been updated, and new training has been rolled out. The SEC also told the National Archives that records had been lost. But Coinbase says this is not enough. The company wants the court to force the SEC to hand over all communications involving crypto regulation and to take responsibility for what was lost. DISCOVER: Next 1000X Crypto: 10+ Crypto Tokens That Can Hit 1000x in 2025 Why It Matters These missing texts were sent during a time when the SEC was taking a more aggressive approach to crypto. If messages about those decisions were lost, it would affect how companies can defend themselves in court. It also raises bigger questions about how much the public can trust regulatory transparency. Agencies have to follow the same rules they enforce. When they don’t, the damage is not just technical, it’s institutional. What Could Happen Next Coinbase is asking for more than just the texts. They want accountability. They want the SEC held to the same standards as everyone else. The court will decide if sanctions are needed and how far discovery should go. This could set a precedent for how government agencies handle internal communications, especially during major industry crackdowns. DISCOVER: 20+ Next Crypto to Explode in 2025 Join The 99Bitcoins News Discord Here For The Latest Market Updates Key Takeaways Coinbase filed a motion demanding sanctions and fast discovery after learning that former SEC Chair Gary Gensler’s texts were deleted. The missing texts span major crypto events, including the FTX collapse, and may have included policy discussions the SEC was required to preserve. An internal report revealed that Gensler’s phone was reset under a device-wipe policy, and incomplete backups left the messages unrecoverable. Coinbase argues this isn’t just a tech issue, but a serious failure to follow legal obligations during a period of intense crypto enforcement. The outcome could impact how government agencies handle record-keeping and transparency during industry crackdowns going forward. The post Coinbase Demands SEC Accountability Over Lost Gensler Texts appeared first on 99Bitcoins.

XRP crypto is heating up again with some strong price action, creeping right back toward its all-time highs. Ripple’s stablecoin plans, recent buyouts, and XRPL’s bank-friendly setup give it a legit foundation for long-term demand. But it’s not all smooth sailing. ETF approvals could drag, and ETH or Solana still own big chunks of the market. Even so, XRP is building more use cases and pulling in more capital, which sets it up to break fresh highs and keep traders locked in. Right now, the price is sitting close to its ATH, but the real game is in value creation. That’s why Ripple’s latest acquisition looks like a power move that could pay off heavy down the road. xrpPriceMarket CapXRP$303.58B24h7d1y On July 18, XRP hit a new all-time high of about $3.65, gaining 440% in the last 12 months. This makes the chance of repeating that performance less of a dream and more of a reasonable scenario for investors to consider. Let’s take a closer look at XRP’s potential to surpass its previous record price. A New Peak Seems Inevitable in the Short Term For XRP Crypto New highs get all the hype, but the real juice for XRP comes from adoption and actual use cases. Ripple’s been busy building out payment and liquidity rails around the token, which locks in long-term demand. Their USD-pegged stablecoin that dropped in December 2024 already smashed past $642M this summer, giving XRP a strong on-chain payments base. On top of that, Ripple is dropping $200M to scoop up Rail, a stablecoin-driven payments platform. That move basically speeds up XRP’s path into institutional money flows. The deal should wrap up in Q4. With XRPL pulling in more stablecoins and apps, the total value locked on-chain keeps climbing, which naturally adds upward pressure on price. And since Ripple controls the stablecoin supply, they can drop liquidity into the ecosystem whenever it’s needed. To top it off, Ripple Custody is set to expand in Spain through a fresh partnership with banking giant BBVA, more proof they’re pushing deep into traditional finance. What could hold XRP back from hitting a new high? Honestly, plenty. Those ETFs everyone’s hyped about later this year could easily get pushed back if regulators shift gears. Plus, ETH — and even Solana — are still heavy hitters in stuff like stablecoins and payments. They’ve got bigger networks and more devs backing them, while XRP’s still grinding to prove itself. Instead of stressing about whether XRP breaks its old highs, the real question is: over the next 1–3 years, does its usage and money flow keep growing? From what the data shows, the odds look solid. And that’s not even factoring in a chill macro backdrop or Ripple’s legal drama easing up. If you’re stacking XRP, forget the last peak. Focus on the idea that the next ones will actually be powered by adoption. Play it smart, scale in slowly, and don’t let roadmap delays or bumps push you into panic selling. DISCOVER: 20+ Next Crypto to Explode in 2025 Key Takeaways XRP’s long-term strength comes from Ripple’s stablecoin push, acquisitions, and XRPL’s bank-friendly features that attract institutions.” ETF delays and the ETH/SOL rivalry could slow momentum, but growing adoption still makes fresh highs very likely. The post XRP Crypto Nears All-Time High: Back Over $3 appeared first on 99Bitcoins.

A loose but growing push is under way in the XRP community to build what some people call an “XRP firewall” — a set of tools and checks meant to block scams on the XRPL. Vet, one of the dUNL validators on the XRP Ledger, has hinted at a big update that could change the fight against scams on XRPL. The feature, known as the XLS-86 Firewall, is still in development but is being described as a possible endgame for fraudsters. In a recent post, Vet said the amendment would act as a safeguard to stop losses of XRP, tokens, and NFTs when activated. If approved and rolled out, it could give users a much stronger line of defense against common traps that have cost the community millions over the years. Just recently a high-profile patch was published after developers found malicious packages related to the xrpl.js library on NPM, and that incident has sharpened urgency around better protections. Tools And Reporting Systems Several public resources already try to do the job of a firewall in pieces. According to XRPL.org, users can file scam reports and get guidance on suspicious activity. Reports have disclosed that forensics platforms such as XRplorer keep databases of addresses linked to fraud and illicit transfers; those lists are used by wallets and exchanges to warn or block interactions. The pieces exist, but they are spread across sites and teams, not bundled as one single shield for everyday users. A Critical Software Warning According to market watchers, the most recent shock came when developers discovered compromised or malicious versions of xrpl.js pushed to NPM, the package registry many apps use. The issue was patched on April 23, 2025 after maintainers removed the bad releases and urged users to update. How A Firewall Could Work A practical firewall would combine several simple features. It could auto-flag addresses with histories of fraud. Wallets might show a clear warning before a user approves a payment to a flagged account. Exchanges and node operators could share lists to reduce the chance that a scammer moves funds freely. Machine learning could be used to spot repeat patterns of phishing messages or cloned domains, while human teams would still verify hard cases. Featured image from Meta, chart from TradingView

The GBP/USD currency pair traded quite calmly again on Thursday, although when the US inflation data came out, the price began to swing sharply. The August consumer price index was 2.9% y/y, which overall is in line with forecasts. Core inflation remained at 3.1%, also as expected. So in general, US inflation didn't surprise anyone. However, in recent years, inflation has been mainly interesting to traders because of its massive influence on the Fed's monetary policy. With Donald Trump's arrival, the situation has changed dramatically, making the consumer price index just another ordinary report. Let's start with the fact that Trump's policy helps fuel consumer price increases. Since high inflation is universally seen as a negative, Trump prefers to act as if there's no inflation in America. Yes, apparently, that's how you "solve" the problem. Prices rise, tariffs make about half of imported goods and goods produced with imported materials more expensive, but Trump says there's no inflation—so there isn't. The US President never misses a chance to embed the "no inflation" idea in voters' minds. For example, on Wednesday, when the producer price index dropped by 0.1%, Trump immediately posted on Truth Social that there's no inflation. However, a month earlier, when the PPI saw an unprecedented 0.9% jump, Trump did not comment. On Thursday, when inflation jumped to 2.9%, Trump also said nothing. Why comment on numbers that contradict the President's narrative? Let's also recall the firing of Erika McEntarfer "for falsifying official statistics". Naturally, there was no falsification, nor any manipulation in the cases of Jerome Powell or Lisa Cook. However, Trump does have the authority to fire the head of the Bureau of Labor Statistics, so McEntarfer was simply unlucky. Since there's "no inflation in the US", Trump sees no reason for the Fed to keep rates at current levels. Even if the Fed cuts rates twice before year-end, it won't be enough for the US President. That's why he is seeking to fire as many FOMC members as possible, aiming to replace them with "his people" who will vote as desired. But even here, things aren't going smoothly for Trump: he failed to oust Lisa Cook, even through the courts, for lack of strong evidence. Jerome Powell refused to step down, and no Trump official wanted to launch an official investigation into supposed manipulation by the Fed Chair regarding central bank building renovations. Thus, at this point, it simply doesn't matter what Trump thinks about inflation—or what the actual level of inflation in the US is. The Fed's task is to stop the decline in the labor market without causing even higher price growth. Hence, at best, we'll see two rate cuts by year-end. The average volatility for GBP/USD over the last five trading days is 84 pips. For the pair, this is considered "average". On Friday, September 12, we expect movement inside the 1.3492–1.3660 range. The linear regression channel's upper band is pointing upward, indicating a clear uptrend. The CCI indicator once again entered the oversold zone, warning again of the resumption of the uptrend. Nearest Support Levels:S1 – 1.3489 S2 – 1.3428 S3 – 1.3367 Nearest Resistance Levels:R1 – 1.3550 R2 – 1.3611 R3 – 1.3672 Trading Recommendations:The GBP/USD pair is again looking to continue its uptrend. In the medium term, Trump's policy will probably keep pressuring the dollar, so we don't expect dollar growth. Thus, long positions with targets at 1.3611 and 1.3672 remain most relevant if the price is above the moving average. If the price is below the moving average, small shorts may be considered on purely technical grounds. From time to time, the dollar will show corrections, but for a sustained uptrend, it will need evidence of a true end to the World Trade War or some other major positive factors. Chart Elements Explained:Linear regression channels help determine the current trend. If both channels point in the same direction, the trend is strong.The moving average line (settings 20,0, smoothed) indicates the short-term trend and trade direction.Murray levels serve as target levels for moves and corrections.Volatility levels (red lines) are the likely price channel for the next day, based on current volatility readings.The CCI indicator: dips below -250 (oversold) or rises above +250 (overbought) mean a trend reversal may be near.The material has been provided by InstaForex Company - www.instaforex.com