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Bitcoin Price (BTC) Tumbles Below $109K

by admin September 25, 2025

A rough early session for crypto markets took a turn for the worse in U.S. afternoon hours Thursday, with BTC$109,398.95 tumbling below $109,000, its weakest price in nearly a month.

ETH$3,893.40 plummeted 8% through the past 24 hours rapidly approaching $3,800, erasing gains since early August. It’s now has lost 22% since its record highs last month. SOL$196.43, changing hands above $250 only two weeks ago, plunged below $200, down another 8% today. The CoinDesk 20 Index was down 6%.

The sharp move lower across the board triggered a widespread leverage flush on derivatives markets, liquidating over $1.1 billion worth of leveraged trading positions, CoinGlass data shows. Ether led liquidations with over $400 million long positions, or bets on higher prices, being wiped out, followed by bitcoin’s $265 million.

Crypto liquidations over the past 24 hours (CoinGlass)

Crypto equities also took a hit. Michael Saylor’s Strategy (MSTR), the largest corporate owner of BTC, sunk as much as 10% during the session to five-month low. The stock, which is often seen as a leveraged bet on bitcoin’s price, gave up all of this year’s gains and is now 1.5% down year-to-date, while BTC is still holding on 16% advance during the same period.

Ether treasury firms Bitmine (BMNR) and Sharplink Gaming (SBET) were down 7%-8%,as were bitcoin miners MARA Holdings. (MARA) and Riot Platforms (RIOT).

With Thursday’s nosedive, BTC is now on the brink of taking out the lows of late August-early September, when it bottomed just above $107,000. That price level could serve as support at least for a bounce, with order books also showing a liquidity cluster which could absorb selling pressure, CoinDesk reported on a Hyblock Capital analysis.

Read more: Here Are the 3 Make-Or-Break Bitcoin Price Floors as BTC Sell-off Gathers Steam

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September 25, 2025 0 comments

GameFi Guides

Swiss Bank LUKB to Accept BTC And ETH as Loan Collateral

by admin September 25, 2025

In its recent policy update, Swiss Bank Luzerner Kantonalbank (LUKB) announced that it will allow clients to pledge Bitcoin (BTC) and Ethereum (ETH) as collateral for loans. The bank first added trading and custody services for cryptocurrencies last May.

According to a report by Finews, LUKB is taking the first step toward using cryptocurrencies in the lending business with this move. It will help the company grow and ensure that the whole value chain of digital assets is always integrated.

“We are responding to market developments and client needs,” said Serge Kaulitz, Head of Blockchain & Digital Assets at LUKB. “Cryptocurrencies have become a recognized and highly liquid asset class. Similar to equities or funds, they can serve as collateral for a Lombard loan, since they can be liquidated at any time.”

The digital business will also help in expanding LUKB’s portfolio by giving it more options as interest rates go down. This income stream that doesn’t come from interest is becoming more important. Kaulitz stresses that the digital business is also meant to help the bank improve its digital services across the entire institution.

Moving towards crypto-based banking

Switzerland is becoming a pioneer in digital asset-based banking. Early this year, the state-owned bank, PostFinance, announced that it had included an Ethereum staking option in its banking offerings.

Additionally, last week, Swiss banks made a big move that could change how money moves between banks. In a trial led by the Swiss Bankers Association (SBA), top banks like UBS, PostFinance, and Sygnum Bank completed the first-ever bank payment on a public blockchain with full legal approval.

Also Read: Ethereum Exchange Supply Hits 9-Year Low Amid Institutional Surge

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September 25, 2025 0 comments

NFT Gaming

Ether (ETH) Dips Below $4K, BTC, XRP Slide as U.S. Government Shutdown Risks Mount

by admin September 25, 2025

ETH$4 009,26 led major cryptocurrencies lower during Thursday’s Asian trading hours, as odds of a U.S. government shutdown hit record highs on the decentralized betting platform Polymarket.

The price of Yes-side shares for the betting contract “U.S. government shutdown in 2025?” rose to 77%, the highest since the contract’s launch in January. Traders are essentially pricing a 77% probability that the U.S. Office of Personnel Management will announce a shutdown due to a lapse in appropriations by Dec. 31. Meanwhile, the likelihood of a shutdown by Oct. 1 stood at 63%.

According to media reports, the White House is preparing for large-scale job cuts in the event of a shutdown. On Wednesday, the Office of Management and Budget issued a memo asking agencies to prepare plans for staff reductions and furloughs if a spending bill is not passed next week.

The government is reportedly expected to run out of money by the end of September. To prevent the resulting shutdown, Congress must either approve a short-term funding measure, known as a continuing resolution, or pass 12 full-year funding bills. Since lawmakers won’t finish the full-year bills before the deadline, a temporary funding stopgap is needed.

More importantly, to reach the 60-vote threshold needed to pass funding bills, support from both parties is usually necessary.

BTC, ETH under pressure

Ether fell over 3% in Asia, almost testing $4,000 for the first time Aug. 8, with BTC$111 642,89 falling over 1% to under $112,000. Other major tokens such as XRP$2,8586, SOL$204,35 and DOGE$0.2340 fell by 2.6% to 3%. Solana’s SOL appeared set to break below $200.

The CoinDesk 20 Index was down 2% at 3,940 points. Meanwhile, futures tied to the S&P 500 and Nasdaq, traded flat to positive.

Although the exact cause of the cautious crypto market sentiment was not clear at the time of writing, growing concerns about a potential government shutdown may have contributed to the risk-averse mood among investors.

Furthermore, overnight comments from San Francisco Fed President Mary Daly reiterated her support for further rate cuts, but declined to provide a timeline, instead stressing data dependence, which may have hurt sentiment.

The Fed cut rates by 25 basis points on Sept. 17 while hinting at two more rate cuts by the year’s end. Since then, policymakers, including Chairman Jerome Powell, have signaled a cautious approach to future rate cuts.

Seven Fed officials, including the New York Fed’s Williams, are scheduled to speak on Thursday. Meanwhile, traders are awaiting Friday’s PCE data, the Fed’s preferred measure of inflation.

“If inflation pressures appear contained, markets may interpret this as room for further Fed cuts, providing liquidity tailwinds into Q4. That could be the catalyst for BTC to attempt a long-anticipated breakout,” the market insights team at Singapore-based QCP Capital said.

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September 25, 2025 0 comments

GameFi Guides

Crypto Market Prediction: Bitcoin (BTC) Fights for $113,000, XRP $2.96 Last Chance, Shiba Inu (SHIB) Still Holds $0.0000122 Hope

by admin September 25, 2025

XRP: Another important test
Shiba Inu’s troublesome move

In an effort to level off following recent downward pressure, Bitcoin is presently trading around $113,000. Although the 200-day exponential moving average (EMA), a crucial longer-term support, has been held above by the digital asset, upward momentum is obviously having trouble.

Around $114,000, where concentrated selling liquidity has accumulated, Bitcoin faces a strong ceiling on the daily chart. This region has frequently served as resistance and still affects the likelihood of a quick recovery. There is little chance of a long-term recovery unless Bitcoin can clearly break above this level.

BTC/USDT Chart by TradingView

This hesitation is also reflected in volume data. Trading activity has been decreasing recently, indicating that neither bulls nor bears are fully committing. A limited trading environment, where liquidity clusters more often determine direction than momentum, is produced by this lack of conviction. The upward path is blocked unless there is a significant increase in buying pressure, as the majority of sellers are stacked around $114,000.

With its neutral position, the relative strength index is open to movement in either direction. But it is impossible to overlook the downside risk, given the numerous rejections around $114,000. If Bitcoin is unable to maintain its position above $111,500, the 200-day EMA and previous accumulation levels are in line with the next strong support, which is located around $106,000.

Bitcoin is in a decisive zone right now. Continued failure at this resistance makes the case for another retest of lower supports stronger, but a clear push through $114,000 would pave the way toward $118,000 and possibly higher. Since the $114,000 mark continues to be the dividing line between a brief recovery and prolonged consolidation, traders are keeping a careful eye on liquidity dynamics.

XRP: Another important test

At $2.96, just below the psychological $3 threshold, XRP is once again up against a crucial test. Due to its inability to sustain momentum following its last rally attempt, the asset has been under selling pressure in recent sessions. Given the alignment of sentiment and technical factors, this zone might be XRP’s final opportunity to make a significant breakout.

Chart-wise, XRP is resting on important moving averages and pushing against descending resistance. At the moment, the most important threshold is the 100-day exponential moving average (EMA), which is serving as support. The price may provide the required foundation for a reversal and a fresh attempt at $3 and higher if it stays above this level. The bearish structure would be nullified by a clear break above $3, paving the way to a more robust recovery.

XRP/USDT Chart by TradingView

However, if this support is not defended, deeper levels around $2.60 and perhaps $2.40 may be retested. By doing so, XRP’s consolidation would continue, and any possible bullish reversal would be postponed, giving sellers strong momentum.

There is a lack of a clear bullish surge in trading volume, which indicates market hesitancy. Because the RSI readings are still neutral, there is potential for both upward and downward movements in the days ahead, contingent on liquidity inflows.

In other words, XRP is at a critical juncture. The final opportunity to turn sentiment bullish in the near term is in the $2.96-$3.00 range. XRP may try to form a stronger base and make a breakout if the 100 EMA keeps serving as support. If it falters, however, the likelihood of a decline increases, keeping XRP trapped in its larger downward trend.

Shiba Inu’s troublesome move

Shiba Inu is presently struggling to hold onto its position around the $0.0000122 level, a price range that has grown to be crucial for both traders and long-term holders. Up until now, SHIB has maintained this crucial support in spite of recent volatility and an attempt to break out from its symmetrical triangle structure, indicating that stability and perhaps a recovery are still possible in the near future.

According to technical analysis, the $0.0000122 zone serves as a structural and psychological support level. Consolidation above this region could provide SHIB with a foundation for a recovery toward resistance levels at $0.0000130 and ultimately $0.0000140. It would be possible to retest the upper boundary of the larger triangle, which has been capping SHIB’s price for several months, if these levels were to be broken. But failing to maintain $0.0000122 would probably encourage more downward pressure.

In the past, liquidity has offered short-term respite at $0.0000115 and even $0.0000105, where bears may try to pull the price back. Because the RSI is currently in neutral territory and neither extremely overbought nor oversold, either side of the market can establish dominance. Investors continue to need to exercise caution and patience.

This year has already seen several unsuccessful breakout attempts for SHIB, and although speculative interest is still high, momentum is being hampered by the weakness of the overall market. Additionally, the volume profile shows waning activity, indicating a falling level of confidence among bulls and bears.

In other words, there is still hope for a recovery as long as SHIB stays above $0.0000122. However, this level is brittle, and any significant collapse could cause sentiment to turn sharply negative. Prior to making new investments, investors should keep a close eye out for confirmation.

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September 25, 2025 0 comments

GameFi Guides

Jiuzi Holdings’ $1b treasury plan centers on BTC, ETH, BNB

by admin September 24, 2025

Jiuzi Holdings is planning to deploy a billion-dollar corporate treasury mandate into a trio of digital assets, a move guided by new COO Dr. Doug Buerger that positions crypto as a core strategic reserve.

Summary

Jiuzi Holdings approved a $1 billion crypto treasury plan focused on Bitcoin, Ethereum, and BNB.
The move follows the appointment of crypto veteran Dr. Doug Buerger as COO.
A new risk committee led by CFO Huijie Gao will oversee policy execution.

In an announcement on Sept. 24, the Nasdaq-listed EV charging company revealed its board has formally adopted a Crypto Asset Investment Policy. This framework authorizes an allocation of up to $1 billion from its cash reserves into Bitcoin (BTC), Ethereum (ETH), and Binance Coin (BNB).

The decision, which establishes a dedicated risk committee overseen by CFO Huijie Gao, comes directly on the heels of the appointment of Dr. Doug Buerger, a recognized figure in the digital asset space, as Jiuzi’s new Chief Operating Officer.

“I am thrilled to lead this important treasury initiative supported by such a forward-thinking Board and management team. We are not engaging in short-term trading or speculation; rather, we view crypto assets as long-term stores of value to hedge against macroeconomic uncertainties,” Buerger said.

A pivot into digital reserves

For Jiuzi’s leadership, the shift is framed as a safeguard rather than speculation. CEO Tao Li described the new policy as a proactive approach to treasury management designed to preserve and enhance long-term shareholder value. In his view, crypto assets provide a hedge against macroeconomic headwinds that traditional reserves struggle to absorb.

Crucially, the company has stated it will not self-custody its assets, opting instead for “highest-tier custody standards” through third-party specialists.

Jiuzi Holdings is not a technology startup but an electric vehicle infrastructure player headquartered in Hangzhou, with a footprint in China’s smaller cities through its smart charging network. Its business model has centered on advancing carbon neutrality by building fast-charging stations and energy storage solutions.

By incorporating crypto into its reserves, the company joins a small but expanding set of public firms that see digital assets as a formal part of balance sheet strategy, aligning it with a trend that stretches well beyond the tech sector.

That cohort just grew by another member. On the same day Jiuzi made its announcement, Arizona-based Iveda revealed that its board had also authorized cryptocurrency as part of its corporate treasury.

Like Jiuzi, Iveda framed the move as forward-looking capital allocation rather than a speculative bet. The dual announcements underscore how companies from different industries and geographies are converging on the same conclusion: digital assets are now part of the corporate treasury toolkit.

The risks

The ambition of these companies comes with exposure. As fintech analyst Jeff Gapusan noted in a recent Forbes piece, the rise of digital asset treasury companies is a double-edged development. He pointed out that while regulatory clarity and institutional adoption are driving interest, the model carries risks tied to market cycles and capital costs.

The reflexive loop that rewards firms in bull markets can unwind quickly when sentiment shifts, leaving balance sheets vulnerable. Beyond price volatility, companies must also grapple with ongoing expenses tied to custody, compliance, and risk management.

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September 24, 2025 0 comments

GameFi Guides

Gold’s Rare Red Day Allows BTC to Advance

by admin September 24, 2025

Apparently there’s not enough money in markets these days for simultaneous bull moves in gold and its digital counterpart BTC$113,634.09.

To wit, gold has seen what seems like new record highs on a daily basis for the past few weeks. Bitcoin, meanwhile, despite living in a world with the same bullish catalysts — easing monetary policy, ETF inflows, rising corporate adoption — hasn’t been able to get out of its own way.

The action suggests bitcoin may not be able to move into a new sustained upswing until investors cool on the yellow metal.

Indeed, gold Wednesday is having a rare day in the red — down 1.5% to $3,759 per ounce — perhaps “allowing” bitcoin to have what seems like an equally rare positive session, up 1.7% to $113,7000.

Longer-term chart tells a different story

While gold and bitcoin may seem to be moving in opposite directions in this stage of the cycle, logic would seem to dictate that both assets — given their appeal as hedges against excessive government spending and inflation — should at least kind of track over longer periods.

That appears to be the case. Year-to-date gold has gained 42% easily outpacing bitcoin’s 22%, but at least showing both moving in the same direction. Going back to the start of 2024, gold is higher by 82% against bitcoin’s 155% advance.

And since the start of 2023, gold has more than doubled, while bitcoin is up more than six-fold (though that’s measured from nearly the bottom of 2022’s crypto winter).

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September 24, 2025 0 comments

NFT Gaming

Bitcoin (BTC) Price Prediction for September 24

by admin September 24, 2025

The market is neutral in the middle of the week, according to CoinStats.

Top coins by CoinStats

BTC/USD

The rate of Bitcoin (BTC) has gone up by 0.15% over the past day.

Image by TradingView

On the hourly chart, the price of BTC is trying to fix above the $113,188 level. If it happens and the bar closes far from that mark, the upward move is likely to continue to the $114,000 area.

Image by TradingView

On the longer time frame, the rate of the main crypto is far from main levels. In this case, traders should pay attention to the daily candle’s closure in terms of yesterday’s bar’s peak.

Bullish Divergences Push BTC to $113K As Whales Sell Supply

by admin September 24, 2025

Key takeaways:

Bitcoin bounced to $113,900 after testing weekly lows, fueled by bullish divergences.
Whale-sized entities have sold 147,000 BTC since August, signaling supply pressure.
Bitcoin options implied volatility hit multi-year lows, hinting at a potential explosive move.

Bitcoin (BTC) staged a swift recovery to $113,900 on Wednesday after sweeping below Monday’s low of $111,500 and briefly testing the $111,000 mark on Binance during the Asia trading session. The bounce signaled an early attempt at mid-week recovery, supported by emerging bullish signals on the charts.

Bitcoin six-hour chart. Source: Cointelegraph/TradingView

One of the key drivers behind the rebound is the bullish divergence between the relative strength index (RSI) and the BTC price on the one-hour and four-hour charts. A bullish divergence occurs when the price registers lower lows while the RSI forms higher lows, often indicating a waning bearish momentum and potential for a reversal.

The recovery also coincided with Bitcoin retesting its daily order block, providing a technical base for a possible push toward $115,000. Still, stronger confirmation is needed.

A four-hour candle close above $113,400 would signal a clear shift from bearish to bullish structure. Additionally, reclaiming the 200-period exponential moving average (EMA) on the four-hour chart would reinforce positive momentum.

Bitcoin bullish divergence analysis. Source: Cointelegraph/TradingView

Crypto traders offered mixed reactions to the move. MN Capital founder Michaël van de Poppe noted the strength of the rebound, stating,

“Good sweep of the lows for Bitcoin and it holds up. Breaking the 4H 20 EMA would be great for upwards momentum. Strong bounce.”

Crypto trader Crypto Chase cautioned that Bitcoin must reclaim the $113,400 to $114,000 range with conviction, or else the recent gains could unravel, sending BTC back toward $107,000.

Related: Bitcoin Bollinger Bands tighter than ever as trader eyes $107K ‘max pain’

Big Bitcoin holders trim positions as implied volatility hits a two-year low

While Bitcoin’s short-term recovery is gaining traction, broader onchain trends reveal diverging signals. Earlier, Cointelegraph reported that whale entities holding 1,000 BTC or more have sold off roughly 147,000 BTC, worth $16.5 billion, since Bitcoin’s all-time high above $124,500 in August.

The 2.7% reduction in holdings highlighted sustained selling pressure from large investors, often interpreted as a headwind for price recovery.

Yet, other market indicators suggest the broader environment remained unusually quiet rather than decisively bearish. XWIN Research pointed out that Bitcoin’s implied volatility has dropped to its lowest levels since October 2023, a period that preceded a 325% rally from $29,000 to $124,000 for BTC.

Bitcoin Volmex Implied Volatility one-week chart. Source: Cointelegraph/TradingView

The analysis described the current setup as a potential “quiet before the storm,” where low volatility and muted trader positioning may be storing momentum for a decisive move.

Supporting this view, CryptoQuant data underscored exchange reserves hovering at multi-year lows, leaving fewer coins available for selling. Meanwhile, Bitcoin’s Market Value to Realized Value (MVRV) ratio sits near the neutral zone, implying limited pressure for either panic-selling or aggressive profit-taking.

Together, these factors painted a market caught between whale-driven distribution and a structural backdrop of tightening supply.

Related: Bitcoin bull cycle enters ‘late phase’ as profit-taking metrics spike

This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.

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September 24, 2025 0 comments

GameFi Guides

BTC Stalls as Whales Lead Wave of Selling

by admin September 24, 2025

BTC$112,856.46 remains stagnant in the $110,000 to $120,000 range, while gold and U.S. equities hover near all-time highs.

According to Glassnode’s Accumulation Trend Score by cohort, selling pressure is evident across all wallet groups. This metric measures the relative strength of accumulation based on the size of entities and the volume of coins acquired over the past 15 days. A value closer to 1 signals accumulation, while a value closer to 0 signals distribution. Exchanges and miners are excluded from this calculation.

Currently, every cohort, from wallets holding less than 1 BTC to whales holding over 10,000 BTC, is in distribution. The largest whales, with holdings above 10,000 BTC, are showing some of the most aggressive levels of selling over the past year.

Trend Accumulation Score by Cohort (Glassnode)

Looking at long-term holder supply, the percent of circulating supply unmoved for at least 1 year has dropped sharply from 70% to 60%. The peak was in November 2023, when bitcoin traded near $40,000. At the same time, 2+ year holders also began to sell, with their share declining from 57% to 52%.

The three year plus cohort now sits just above 43% and has been steadily falling since November 2024. These wallets largely represent buyers from the previous cycle top in November 2021 at around $69,000, many of whom accumulated more during the 2022 bear market when prices hit lows of $15,500. With bitcoin’s recovery, these investors are realizing gains.

By contrast, five year plus holders remain steady, reflecting that the longest-term investors are not participating in the sell-off.

This trend shows that investors sitting on unrealized profits from this cycle are continuing to realize profits, adding to the ongoing selling pressure.

Read more: BlackRock’s Bitcoin ETF: Bearish Sentiment in IBIT Stays Strong for Two Straight Months

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September 24, 2025 0 comments

Close-up of stacked gold bars. (Jingming Pan/Unsplash/Modified by CoinDesk)

Crypto Trends

Current Week Is the Third Worst Week Historically for BTC

by admin September 23, 2025

The 38th week of the year is historically the third-worst performing week for bitcoin, averaging a return of -2.25%. Only week 28 (-2.78%) and week 14 (-3.91%) have been weaker historically, according to Coinglass data.

This week, bitcoin is already down nearly 2%, trading around $113,000, with September’s monthly options expiry pointing to a max pain level at $110,000, according to Deribit, this could imply further downside.

Max pain refers to the strike price at which the largest number of options contracts (calls and puts) expire worthless, effectively maximizing losses for option buyers.

In addition, market enthusiasm has faded. Perpetual funding rates for bitcoin, which measure the ongoing cost of holding leveraged long or short positions in perpetual futures contracts, have dropped to 4%, one of their lowest levels in a month.

A low positive funding rate suggests reduced demand for leveraged long exposure, often signaling that speculative froth in the market has cooled.

While, implied volatility (IV), which reflects market expectations for future price swings, is also near historic lows at 37.

Despite the weekly dip, bitcoin remains 4% higher in September and up 6% for the quarter. With roughly 14 weeks left in the year and most of those weeks historically producing positive returns, this may represent calm before potential volatility.

Meanwhile, gold has continued its impressive rally, climbing another 1% on Tuesday and now more than 42% higher year to date, which continues to take the sting out of bitcoin.

Another factor weighing on bitcoin sentiment is the massive gains in artificial intelligence and high-performance computing stocks, for example IREN (IREN), which may have taken some shine away from bitcoin in the short term.

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September 23, 2025 0 comments