Category:

Crypto Trends

Bitcoin Fails To Hold $110K, Here’s Why

by admin September 27, 2025

Key takeaways:

Strong US economic data and rising gold prices shift investor focus away from Bitcoin’s upside.
Regulatory uncertainty and vague US Strategic Bitcoin Reserve plans keep BTC price down despite macro tailwinds.

Bitcoin (BTC) failed to reclaim the $110,000 level on Friday, despite high expectations from traders following the monthly BTC options expiry. Hopes for a post-expiry rally were dashed as bearish momentum continued, driven by several headwinds, including macroeconomic data and a possible investigation targeting listed cryptocurrency treasury companies.

The US Commerce Department reported Friday that the Personal Consumption Expenditures (PCE) price index rose 2.7% in August compared to the previous year, matching economists’ forecasts. Persistent inflation is one of the reasons the US Federal Reserve remains cautious about lowering interest rates.

Bitcoin fails to keep up despite gold nearing a record high

Traders have dialed back their expectations for interest rates to fall to 3.75% or lower by the end of the year, based on futures markets.

Implied odds for Dec. 10 US Fed meeting. Source: CME FedWatch

The CME FedWatch tool currently shows a 67% implied probability of two 0.25% rate cuts by year-end, down from 79% just a week ago. Bitcoin traders’ frustrations were further amplified as gold surged to $3,770 on Friday, just 0.5% shy of its all-time high, signaling that investors are leaning toward traditional safe-haven assets amid uncertainty.

The S&P 500 posted gains on Friday after data showed a 0.6% rise in US consumer spending for August. Economists had previously anticipated a slowdown in spending toward year-end, citing rising prices and concerns over a weakening labor market, according to Yahoo Finance.

US annualized gross domestic product (GDP) growth. Source: DerivativePath

A strong US economy tends to support stock markets by driving corporate earnings and lowering perceived risk, particularly amid growing worries about the escalating trade war. US President Donald Trump’s administration recently introduced another round of import tariffs, including a 100% duty on patented pharmaceuticals.

Regulatory pressure and policy delays frustrate Bitcoin traders

Beyond macroeconomic factors, the cryptocurrency market has faced its own challenges, adding further pressure to Bitcoin’s already struggling price.

Largest Bitcoin holdings by public companies. Source: Bitbo.io

A Wall Street Journal report on Thursday revealed that several cryptocurrency treasury firms had been contacted by US regulators. The Securities and Exchange Commission (SEC) and the Financial Industry Regulatory Authority reportedly raised concerns about unusually high trading volumes prior to corporate announcements.

Regulations prohibit public companies from selectively disclosing material, nonpublic information—prompting suspicion over sharp gains in certain listed stocks days before relevant disclosures. “It’s typically the first step in an investigation. Whether it goes full, full length, it’s anybody’s guess,” David Chase, a former SEC enforcement attorney, told WSJ.

Related: Crypto markets are down, but corporate proxies are doing far worse

Traders are also growing increasingly frustrated with the lack of follow-through on the US strategic Bitcoin Reserve plan. Although the Executive Order signed in March referred to “budget-neutral” strategies to accumulate Bitcoin, no concrete steps have been announced. Despite repeated promises to audit the government’s cryptocurrency holdings, no action has been taken.

In the end, Bitcoin’s price continues to face pressure from a favorable macroeconomic backdrop supporting the stock market and mounting uncertainty from a possible SEC investigation and the opaque status of US Bitcoin reserves.

This article is for general information purposes and is not intended to be and should not be taken as legal or investment advice. The views, thoughts, and opinions expressed here are the author’s alone and do not necessarily reflect or represent the views and opinions of Cointelegraph.

Source link

September 27, 2025 0 comments

Crypto Trends

Ripple’s RLUSD Stablecoin is Now Available on Bybit Exchange

by admin September 26, 2025

Crypto exchange Bybit has confirmed the listing of Ripple’s dollar backed stablecoin RLUSD on its platform. This came shortly after BlackRock and VanEck integrated the stablecoin into their tokenized funds earlier this week.

Bybit shared that stablecoin will be available for spot trading, and will be open against USDT, Bitcoin (BTC), Ethereum ETH), XRP, and Mantle (MNT). Bybit has enabled deposits and withdrawals for RLUSD on both the Ethereum blockchain and the XRP Ledger, the two networks where the token is natively issued.

However, the availability of these pairs will depend on jurisdictional rules, but the listing still provides traders and investors with a wider set of options to interact with the stablecoin.

This listing places the exchange among other exchanges that have already listed, including Bullish, Uphold, Bitstamp, Moonpay, CoinMENA, ArchaxEx, and Bitso. At the moment, the stablecoin ranks as the 94th largest cryptocurrency, with a market value of $741 million.

Bybit has enabled support for RLUSD on both the Ethereum blockchain and the XRP Ledger, which remain the only two networks offering native support for the token.

A Key Off-Ramp for Tokenized Funds

Bybit’s adoption of RLUSD comes just days after Ripple partnered with Securitize to facilitate the redemption of tokenized real-world assets. Through the partnership, investors in BlackRock’s BUIDL fund and VanEck’s VBILL fund can now convert their tokenized shares directly into RLUSD.

This integration provides a crucial off-ramp, allowing institutional investors to move seamlessly between regulated, yield-bearing tokenized funds and a stable, liquid digital dollar.

Why It Matters

Bybit’s listing is a significant step for Ripple as it seeks to establish RLUSD as a major competitor in the crowded stablecoin market. For Bybit, offering RLUSD provides its users with a direct bridge to the growing ecosystem of tokenized real-world assets, particularly those being launched by major TradFi players like BlackRock.

While RLUSD has yet to be listed on other top exchanges like Binance or Coinbase, its integration into institutional-grade tokenized funds and subsequent adoption by major trading venues like Bybit position it as a noteworthy contender for future growth.

Also Read: Ethereum Whales Awakens After 8 Years, Moves $785M In ETH

Source link

September 26, 2025 0 comments

Crypto Trends

Bitcoin Might Lose $100,000 Level If This Happens

by admin September 26, 2025

Although the Bitcoin bull run has been consistently interrupted by recurring price dips, the leading cryptocurrency has now held above the $100,000 mark for 142 consecutive days.

While this seems impressive, this record is on the verge of closing, according to a Bitcoin price prediction issued by crypto analyst Ali Martinez.

The analyst shared a chart showing Bitcoin hovering around $109,300 as of September 26 — a significant pullback from recent highs witnessed above $116,000.

Marked by historical price actions, the chart highlights $107,200 as an important support level for Bitcoin, which could determine its next price move.

Bitcoin to retest $100,000?

According to the analyst, Bitcoin is at risk of retesting its six-figure streak if the leading cryptocurrency closes below the $107,200 support level. The analyst emphasized that a dip below this support level might see Bitcoin retest $100,000 or possibly fall as low as $93,000 — a level not seen since May 2025.

As of writing, Bitcoin is trading around $109,033 — a notable decrease of 2.07% over the last day, according to data from CoinMarketCap.

Source: CoinMarketCap

While the asset shows no sign of a possible resurgence soon, market watchers are worried that Bitcoin is close to breaking the specified support zone, putting it at risk of retesting $100,000 again.

Notably, Bitcoin’s resilience above $100,000 for the last 142 days is attributable to growing institutional interest and consistent inflows recorded by the spot Bitcoin ETF.

However, recent market trends show the leading cryptocurrency losing momentum amid high profit-taking activities among holders and rising exchange inflows, which suggest that traders are beginning to exercise caution.

Although large corporations like MicroStrategy and BlackRock have remained resilient in their Bitcoin accumulation strategies, the Bitcoin ecosystem is still faced with high selling pressure, causing its price to fall below previous lows.

Nonetheless, analysts have suggested that a decisive hold above $107,200 could restore confidence in the Bitcoin ecosystem, allowing the cryptocurrency to maintain its close above $100,000 and potentially never retest that level again.

Source link

September 26, 2025 0 comments

Fear and greed index falls to new low, last seen in Oct 2023. (Chris Charles/Unsplash)

Crypto Trends

Experiment With Pension Funds Proves Blockchain as ‘Ultimate’ Identity Tech

by admin September 26, 2025

The United Nations leaned into blockchain technology to overhaul its own pension system, and a study of that process concluded the innovation is the “ultimate technology for digital identity verification,” which has spurred the UN toward extending the system and sharing it with other international groups.

The UN — which has explored various blockchain uses over the years — tried it out on their United Nations Joint Staff Pension Fund (UNJSPF), according to a white paper released this week that suggested its use in confirming people’s identities can help in security, efficiency and transparency. In cooperation with the Hyperledger Foundation, the UN sought to “improve and secure the UN pension process globally by putting a blockchain-supported digital identification infrastructure into production.”

The UN pension fund had been working off of a 70-year-old system to identify beneficiaries in 190 countries, relying on a paper-based approach to prove more than 70,000 beneficiaries were who they said they were, still alive and where they claimed to be. It was prone to error and abuse, and resulted in about 1,400 payment suspensions every year, according to the document. So the organization shifted to the blockchain-powered digital certification, beginning with a 2020 pilot program and a 2021 implementation.

“The shift away from physical documentation has substantially reduced processing times previously spent on receiving, opening, scanning, and archiving paper documents,” the paper said.

The blockchain helped eliminate the single-point-of-failure problem posed by a centrally managed approach, according to the paper that detailed the process and results, with the authors suggesting its success could be repeated elsewhere. Its open access and usability by multiple entities reduces the repetitious need for identity checks, the authors found.

The UN is exploring spreading similar technology throughout its own system and sharing it elsewhere as a “digital public good,” seeking to expand the Digital Certificate of Entitlement approach to other international organizations.

“The project has provided not only a technical prototype but also an operational model for how organizations across the UN family can collaborate to design secure, scalable, and inclusive digital public infrastructure,” wrote Sameer Chauhan, the director of the United Nations International Computing Centre, in a conclusion included in the paper.

Source link

September 26, 2025 0 comments

Crypto Trends

Bitcoin Accumulation Trend Shows Signs Of Weakening, What Does This Mean?

by admin September 26, 2025

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

While Bitcoin’s price has declined sharply from its recent all-time high of $124,000, the development has caused a wave of concerns and uncertainty within the community. Several metrics are starting to reflect this waning sentiment among investors toward the largest cryptocurrency asset.

A Cooling Accumulation Bitcoin Trend Score

When a crypto asset’s price experiences a persistent downward trend, history reveals that the negative movement mostly hampers investors’ sentiment. The same can be said for Bitcoin, with the current state of its market and the action of investors toward BTC’s recent price pullback.

Following an examination of the Bitcoin Accumulation Trend Score, Glassnode, a leading financial and on-chain analytics platform, revealed that the metric is showing signs of weakness. This cooling period in the crucial metric indicates that large and long-term BTC investors are reducing their aggressive purchasing habits.

According to the on-chain platform, the BTC accumulation trend score has softened with conviction from large cohorts despite elevated costs. Even though the indicator still demonstrates healthy levels of holding, the recent softening points to a break in the surge of accumulation that may have been boosting the market uptrend and confidence.

BTC accumulation slowing down | Source: Chart from Glassnode on X

Such a change currently may signal a transitory stage in which institutions and whales reevaluate their positions in light of altered sentiment toward cryptocurrencies and changing macroeconomic periods.

Glassnode highlighted that a more cautious bid is frequently indicated by lighter accumulation. At the end, this cautious trend leaves the BTC market susceptible to a supply overhang until demand picks up speed once again.

Market Eyes Shift As BTC Exchange Inflows Drop

Investors’ conviction in Bitcoin has not yet fully faded, as evidenced by a drop in BTC total Inflows to all crypto exchanges. In a quick-take post on the CryptoQuant platform, Nino, a market expert, claims that the declining BTC exchange inflows hint at a possible shift in market dynamics and sentiment.

Nino determined the continuous decline using the 7-day Moving Average (MA) time frame. Given the present market state, the expert noted that this trend could be explained in multiple ways. When there is a high influx, it often points to potential selling pressure, and derivative markets face a more complex situation than spot exchanges.

Furthermore, a surge in inflows may not necessarily imply a clear market direction but rather the potential for future high volatility due to the fact that the funds can be used to open both long and short positions. As a result, the declining inflow might suggest a rising confidence among holders to retain their assets off exchanges. Considering the trend, a short-term supply reduction becomes highly likely.

At the time of writing, BTC was trading at $109,492, showing a nearly 2% drop within the last 24 hours. Despite the fading momentum, its trading volume in the past day has increased by over 36%, indicating a gradual resurgence in bullish bets.

BTC trading at $109,029 on the 1D chart | Source: BTCUSDT on Tradingview.com

Featured image from Pixabay, chart from Tradingview.com

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.

Source link

September 26, 2025 0 comments

Crypto Trends

Global banks join SWIFT in blockchain test run on Consensys’ Linea

by admin September 26, 2025

SWIFT has reportedly mobilized a consortium including BNY Mellon and BNP Paribas for a pivotal experiment that includes migrating its core messaging system onto ConsenSys’ Ethereum layer-2, Linea.

Summary

SWIFT and banks including BNY Mellon and BNP Paribas are reportedly testing blockchain messaging on Consensys’ Ethereum layer 2, Linea.
The project follows SWIFT’s 2023 tokenization trials and supports digital asset tests planned for 2025.
A successful rollout could bring faster settlement, lower costs, and stronger cross-border payment infrastructure.

According to a Sept. 26 report from The Big Whale, the global financial messaging cooperative has initiated a development project with more than a dozen major institutions to experiment with putting its foundational messaging framework on-chain.

A source within a participating bank indicated the project is a multi-month endeavor, characterizing it as a precursor to a significant technological transformation for the interbank payments industry.

The selection of ConsenSys’ Linea was reportedly driven by its emphasis on privacy through advanced cryptographic proofs, a feature deemed critical for meeting stringent bank compliance standards.

SWIFT’s blockchain path was years in the making

Last year, SWIFT announced that live trials for digital asset and currency transactions across its network were slated for 2025. The current project with Linea appears to be the foundational technical work necessary to make those live trials feasible, moving the cooperative beyond theoretical research and into practical implementation.

Before this announcement, SWIFT published results from a series of trials that tested the movement of tokenized assets across both public and private blockchains. SWIFT’s research demonstrated that its existing secure messaging infrastructure could potentially function as a universal “interoperability layer,” connecting different distributed ledger technologies without requiring banks to undertake massive and costly systems integrations with each new platform.

The Linea project takes this concept a step further, exploring what happens when SWIFT’s own messaging core is migrated on-chain, potentially creating a more native and efficient settlement layer.

For banks, the implications are significant. SWIFT’s system links more than 11,000 institutions, yet it has long been criticized as cumbersome and overly dependent on intermediaries. A successful blockchain integration could mean faster settlement times, reduced costs, and a more resilient architecture for cross-border payments.

Source link

September 26, 2025 0 comments

Crypto Trends

Avalanche (AVAX) Extends Weekly Losses to 18% as Institutional Backing Fails to Lift Market

by admin September 26, 2025

Avalanche’s native token AVAX fell 8% over the past 24 hours to $27.72, extending a weeklong slide that erased nearly 18% of its value. The drop occurred alongside a broad plunge in crypto markets that’s seen ETH, SOL, DOGE also post double-digit percentage declines over the past week and BTC fall 6%.

AVAX has struggled to break above a resistance level of $30.28 and found only weak support near $27.65. CoinDesk Analytics data shows trading volume sank to 121,896 tokens in early trading Friday, signaling that institutional selling may be slowing but has not yet reversed.

The price slump comes in the wake of Avalanche-aligned corporate initiatives aimed at deepening institutional engagement. Earlier this week, tech company AgriFORCE Growing Systems rebranded as AVAX One and announce plans to raise $550 million to acquire and hold AVAX. The move would make it the first Nasdaq-listed company to focus exclusively on Avalanche’s ecosystem.

The firm assembled a high-profile advisory team led by SkyBridge Capital founder Anthony Scaramucci and Coinbase Institutional’s Brett Tejpaul, positioning itself as a major AVAX custodian. AVAX One aims to hold more than $700 million in the token, a bid to cement its role as a central figure in Avalanche’s growth story.

But for now, the market hasn’t bought in.

The falling price suggests that institutional backers may still be cautious about Avalanche’s long-term positioning. While regulatory approvals for token-related vehicles are pending, they have yet to translate into buying momentum.

Avalanche’s roadmap includes partnerships and enterprise use cases, but these fundamentals have yet to counterbalance the current selling pressure.

Source link

September 26, 2025 0 comments

Crypto Trends

Kraken Raises $500M at $15B Valuation Amid Rising IPO Buzz: Report

by admin September 26, 2025

Kraken has reportedly raised $500 million at a $15 billion valuation, strengthening its financial position amid growing speculation that the cryptocurrency exchange is preparing for an initial public offering (IPO).

The funding was first reported by Fortune, which cited a source close to the negotiations in a profile on co-CEO Arjun Sethi. The source claimed that Kraken closed the round earlier this month.

When contacted by Cointelegraph for confirmation, a Kraken representative declined to comment.

The raise and valuation are broadly in line with Cointelegraph’s reporting in July, which revealed that Kraken was seeking $500 million at a $15 billion valuation — a move widely interpreted as a step toward IPO readiness.

Source: Cointelegraph

While Kraken has not filed any regulatory paperwork for a public listing, several of its actions appear consistent with IPO preparation, including enhancing financial disclosures. However, the company has yet to submit an S-1 registration statement to the US Securities and Exchange Commission (SEC), a necessary step for any US public offering.

Founded in 2011 and launched in 2013, Kraken is one of the industry’s oldest operating exchanges. It processed roughly $1.9 billion in trading volume over the past 24 hours, ranking among the top 15 global crypto exchanges, according to CoinMarketCap.

Related: Ether supply on exchanges hits 9-year low amid ‘Wall Street glow up’

Crypto IPO mania grows

Kraken’s reported interest in a public offering comes amid a wave of crypto firms heading to public markets with remarkable success.

Gemini, the exchange founded by Cameron and Tyler Winklevoss, was over 20 times oversubscribed in its Nasdaq debut, raising $425 million. Since going public earlier this month, its market capitalization has swelled to over $2.8 billion.

Source: Cointelegraph

Circle, the issuer of USDC (USDC), completed a billion-dollar IPO in June, with shares surging 167% on opening day. The company now commands a valuation of roughly $31.4 billion.

Figure Technology Solutions, a blockchain-based lender, also staged a blockbuster debut. Its shares jumped over 20% when trading began in September, lifting its market cap above $8.4 billion.

Meanwhile, BitGo, a leading crypto custodian with over $90 billion in assets, has filed S-1 registration documents with the SEC as it seeks to list its Class A common stock on the New York Stock Exchange.

The IPO rush comes amid a backdrop of favorable regulatory developments in the United States, including the passage of the GENIUS stablecoin bill and progress on market structure and anti-CBDC legislation, which together have provided greater clarity for the digital asset industry.

Related: US lawmakers challenge SEC on Tron IPO, press for probe into Justin Sun

Source link

September 26, 2025 0 comments

Crypto Trends

Cardano is 3rd Gen Blockchain, Others Took Shortcuts: Hoskinson

by admin September 26, 2025

Cardano founder Charles Hoskinson has shared his thoughts on the network’s ambitious roadmap toward the Omega upgrade. He called Cardano as the true 3rd Gen Blockchain while slandering others for taking shortcuts.

In a post on X, Hoskinson said “The road to Omega is full of challenges and surprises” as he notes that the journey is meant to improve scalability and privacy while solving the technical problems that many blockchains face today.

The road to Omega is full of challenges and surprises, but it will solve the pillar of scalability once and for all. Midnight and partnerchains give us interoperability, and we are well on our way to governance being recursively self-improving.

Cardano is the ONLY true 3rd… https://t.co/igUUZUU4gO

— Charles Hoskinson (@IOHK_Charles) September 26, 2025

Leios Lite, an upcoming iteration, is a major part of this effort. According to TapTools, Leios Lite could increase Cardano’s throughput by 30 to 55 times. Input Output Global plans to roll it out gradually as part of the network’s Omega initiative.

FACT: Leios Lite will bring a 30–55x increase in throughput for Cardano.

IOG plans to roll out Leios in iterations, with Leios Lite as the first major step toward full deployment. pic.twitter.com/ms1OiswhB7

— TapTools (@TapTools) September 25, 2025

In addition to improving scalability, the founder mentioned the Midnight Network and partnerchains. These systems are designed to enable different blockchains to work together and help Cardano build smart rules that can improve over time.

Cardano has always aimed to compete with other major networks including Ethereum and Solana. Hoskinson believes Cardano must win against Ethereum in the long term, pointing out that his legacy is tied to the network’s success. Over the years, Cardano has maintained strong developer activity, sometimes surpassing Ethereum in certain metrics.

Meanwhile, the network has also mentioned its involvement in the first tokenization reinsurance fund called MCM Fund I, which was launched with MembersCap. This fund works with big blockchains like Aptos, Base, and Solana. It also made its first recorded transaction on the London Stock Exchange Group’s DMI platform.

Also Read: Plasma Blockchain Launches Mainnet Beta and XPL Token

Source link

September 26, 2025 0 comments

Crypto Trends

Satoshi’s Bitcoin Holdings at Risk? Quantum Computing Advances

by admin September 26, 2025

Bitcoin’s pseudonymous creator, Satoshi Nakamoto, is believed to hold an estimated 1.096 million BTC, according to Arkham data. Satoshi’s wallet, which made all its holdings from mining the network in its earliest days, has remained untouched since 2010, when it was run on a few laptops.

Satoshi accumulated this Bitcoin, mining over 22,000 blocks between 2009 and 2010. He was one of the first few miners of Bitcoin, with block rewards nearing over 50 BTC at the time.

According to Arkham data, Satoshi Nakamoto’s Bitcoin stash is currently worth $119,640,092,296 ($119.64 billion) at a current Bitcoin price of $109,125.

With a current Bitcoin worth of $119.64 billion, Satoshi Nakamoto ranks among the wealthiest individuals on the planet, but none of the BTC has ever been moved.

Satoshi’s Bitcoin holdings’ fate predicted

Satoshi’s Bitcoin holdings, accumulated from early network mining, have been untouched since 2010, but recent concerns about Quantum computing seem to be shifting this narrative.

Satoshi’s coins will be market dumped. In 2-8 years Quantum will break Bitcoin. These are scientifically calculated timelines. We must upgrade Bitcoin NOW. We are running out of time.

What are you doing about it?

Come to my @token2049 talk: 10:45am, Wed 1 Oct!

“Thank you for… pic.twitter.com/b4GR3S4Qjc

— Charles Edwards (@caprioleio) September 26, 2025

In light of this, Capriole Fund Founder Charles Edwards speculates on what the fate of Satoshi coins might be: they could be market dumped.

As quantum computing continues to advance, timelines for when a sufficiently powerful quantum computer could crack modern encryption algorithms are emerging.

Edwards gives this timeline to be 2-8 years (which would be from 2027 to 2033), stating this range to be “scientifically calculated timelines.”

The timeline of when cryptocurrency encryption standards might be cracked by a sufficiently powerful quantum computer is causing debate among blockchain developers, as well as when migration to quantum-resistant cryptography must occur. Edwards indicated that the time to upgrade Bitcoin is now, as it is running out of time.

Source link

September 26, 2025 0 comments