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SEC, Gemini Trust Reach Agreement Over Lending Dispute
Crypto Trends

SEC, Gemini Trust Reach Agreement Over Lending Dispute

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The US Securities and Exchange Commission (SEC) and Gemini Trust Company filed a status update in court, letting a federal court know they had reached a “resolution in principle” to resolve a securities case stemming from a 2023 complaint.

In a Monday filing in the US District Court for the Southern District of New York (SDNY), the SEC and Gemini Trust said that, “subject to review and approval” by the commission, the two parties requested that all litigation in the civil case be indefinitely stayed.

The filing stated that both parties would file another status report if the case weren’t resolved by Dec. 15.

Source: SDNY

The securities case against Gemini Trust and Genesis Global Capital began with a complaint filed by the SEC in January 2023. The commission alleged that Genesis and Gemini “engaged in an unregistered offer and sale of securities to US retail investors” between February 2021 and November 2022.

The agreement in principle likely marked one of the last steps in the winding down of the case against the two firms after the SEC and Genesis announced a $21 million settlement in 2024.

The agency, then under acting SEC chair Mark Uyeda, told Gemini in February that it would not recommend pursuing an enforcement action as part of a separate investigation against the company. 

Related: Gemini (GEMI) stock soars in Nasdaq debut amid crypto IPO boom

The securities case alleged that investors sent Genesis assets through Gemini’s Earn Program with the expectation that the company would pay interest. The SEC said that both companies raised “billions of dollars’ worth of crypto assets, principally from US retail investors,” without registering with the regulator. 

“[I]nvestors lacked material information about the Gemini Earn program that would have been relevant to their investment decisions,” alleged the January 2023 complaint. “Instead of providing investors with the full panoply of information required by the federal securities laws, Defendants have instead only made selective and inadequate disclosures.”

Trump and Gemini: Partners in crypto policy?

Gemini co-founders Cameron and Tyler Winklevoss were financial and personal supporters of US President Donald Trump during his 2024 campaign and have continued to maintain close ties to the White House this year.

The twins were present during the signing of the GENIUS stablecoin bill, and reportedly pressed for Trump to reconsider the nomination of Brian Quintenz as chair of the US Commodity Futures Trading Commission.

The White House asked a Senate committee to delay a hearing on Quintenz’s nomination before it broke for an August recess, and, as of Monday, no other hearing had been scheduled.

Last week, Quintenz released screenshots of texts between himself and the Winklevosses from July that suggested they were looking for certain assurances regarding enforcement actions if his nomination were to move forward.

Gemini also began its initial public offering on Friday, reportedly raising $425 million with 15.2 million shares.

Magazine: Can privacy survive in US crypto policy after Roman Storm’s conviction?



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Gaming Gear

Instagram fixed an issue that caused posting multiple Stories to tank your reach

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Instagram fixed a bug that caused the reach of some users’ Stories to shrink when they posted more than one Story a day, Instagram head Adam Mosseri shared on Friday. The fix addresses a common complaint shared by creators in the last year that they were disincentivized to use Stories because of how regularly using the feature impacted the number of people who actually saw their posts.

“People were complaining about getting less reach with their Stories if they posted lots of Stories in the same day,” Mosseri said in a video announcing the change. “That is not at all the intended behavior of Instagram.” Fixing the bug doesn’t mean every Story you add will be watched, but Mosseri says posting multiple Stories a day won’t negatively impact the reach of your Stories overall, especially your first Story.

For anyone who primarily uses Instagram to keep up with their friends, the change might not matter all that much. But much like YouTube, Instagram is an increasingly professionalized platform where people post in the hopes of expanding their reach and earning a living off their content. That creates an interesting dynamic between Mosseri’s regular announcements and users trying to suss out the nuances of the platform’s algorithm. For every new feature, like adding of comments to Stories, there’s subtler tweaks that can totally change creators’ content strategy.





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xrp price prediction for september 11 2025
Crypto Trends

Can It break $3 and reach $5?

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Summary

  • XRP is testing the critical $3 resistance zone, with multiple rejections at $3.05–$3.10 creating a pivotal breakout point.
  • A breakout above $3.10 could trigger a bullish move toward $3.30–$3.40, with potential to stretch to $4.50–$5 if momentum and macro sentiment align.
  • Fundamentals remain strong, with Ripple expanding partnerships in Asia and on-chain activity growing — adding fuel to bullish expectations.
  • Failure to hold $3.00 support could lead to a drop back to $2.85, and possibly as low as $2.50 if bearish pressure increases.
  • The current XRP price prediction is neutral but volatile, with traders watching closely for volume signals near key support/resistance zones.

XRP is once again flirting with a major psychological and technical level — $3. After multiple rejections in this zone, bulls are pushing hard to establish a breakout according to XRP price prediction analysts.

The critical question: Can XRP blast past $3 and aim for $5, or will the barrier prove too tough again? Traders know this will be key to the XRP outlook for months to come.

XRP price prediction data for today

Ripple (XRP) is trading just above $3 after hanging out between $2.85 and $3.10 for a bit. The momentum has slowed, and volume has dipped from last week’s spike, but sentiment hasn’t turned negative. Traders remain cautiously upbeat thanks to potential regulatory clarity, growing institutional flows, and ETF rumors.

XRP 1-day chart, September 2025 | Source: crypto.news

The $3.05 to $3.10 level is proving tough to crack. Multiple rejections have made this a critical zone to watch. A clean break above here could pave the way for a sustained rally.

Bullish XRP price factors

The short-term XRP price prediction looks pretty upbeat, as long as XRP can push past $3.10 with strong buying pressure. That would set the stage for a move into the $3.30–$3.40 zone — a spot that’s seen some action before and lines up with key Fibonacci levels. If momentum holds, we could even see XRP climb to $4.50 and test the big $5 psychological mark.

On the fundamentals front, Ripple’s progressing well. It’s forging new partnerships in Asia, gaining more financial institution support, and showing strong on-chain activity. If ETFs get approved or the macro crypto environment turns favorable, the expectation is XRP could accelerate quickly past these milestones.

Bearish factors

Don’t let strong fundamentals fool you — there’s still downside risk in play. If XRP fails to hold the $3.00 level, it could slip back to $2.85 support. That level has acted as a floor in recent weeks, but if it breaks, we’re likely looking at a deeper correction to $2.66 or even $2.50.

Plus, if the broader crypto market turns sour — say Bitcoin or Ethereum start dumping — XRP probably won’t be spared.

XRP price prediction based on current levels

XRP is coasting in a tight zone between $2.85 and $3.10. The next push outside that range could set the stage for what’s coming up.

  • Breakout above $3.10 → bullish projection to $3.30–$3.40, with a potential stretch goal of $5 if momentum accelerates and macro sentiment improves.
  • Breakdown below $2.85 → bearish projection toward $2.66–$2.50, particularly if volume spikes on the downside.

At present, the Ripple price forecast remains neutral, but technically coiled for volatility. Traders should watch volume and price action closely near the $3.10 level, which holds the key to the next leg in either direction.

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.



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Newzoo: Global games market forecast to reach $188.8bn in 2025
Esports

Newzoo: Global games market forecast to reach $188.8bn in 2025

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The global games market is estimated to reach $188.8 billion in 2025, a 3.4% increase year-on-year according to Newzoo’s latest report.

Console revenues are predicted to lead this growth, with the segment forecast to rise 5.5% to $45.9 billion. Newzoo cites the launch of the Nintendo Switch 2 as the main driver, as well as “higher software prices and major releases”.

Mobile is set to maintain the largest share of overall revenues, and is projected to generate $103 billion.

However, the data firm notes that issues with discoverability may slow the segment, as “app stores and web shops are flooded with new games”.

Looking at PC, revenues are projected to increase 2.5% YoY to $39.9 billion, representing 21% of the total market share.

Newzoo notes that H1 releases including Monster Hunter Wilds, Assassin’s Creed Shadows, and Kingdom Come: Deliverance 2 will help drive 2025 revenues.

Elsewhere, the global player base is forecast to reach 3.6 billion this year, rising 4.4% year-on-year. Mobile player growth is estimated to reach 3 billion players, up 4.5% compared to the previous period.

As for other platforms, console players will continue to grow 2.5% to 645 million players – despite being described as “the slowest-growing platform” – while PC audiences are set to increase 3.1% to 936 million players.

Meanwhile, Newzoo predicted that the total number of paying players will reach 1.6 billion, representing 44% of total players with an average spend of $119.7.



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Lions, WR Jameson Williams reach 3-year deal worth up to $83M
Esports

Lions, WR Jameson Williams reach 3-year deal worth up to $83M

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  • Eric WoodyardSep 6, 2025, 11:52 PM ET

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      Eric Woodyard covers the Detroit Lions for ESPN. He joined ESPN in September 2019 as an NBA reporter dedicated to the Midwest region before switching to his current role in April 2021. The Flint, Mich. native is a graduate of Western Michigan University and has authored/co-authored three books: “Wasted,” “Ethan’s Talent Search” and “All In: The Kelvin Torbert Story”. He is a proud parent of one son, Ethan.

Detroit Lions wide receiver Jameson Williams reached agreement on a three-year extension worth up to $83 million, sources told ESPN Saturday.

Less than 24 hours ahead of the season opener at Green Bay, Williams agreed to the new deal which will set him up for the future.

However, although the Lions and Pro Bowl edge Aidan Hutchinson have had positive contract conversations, they are not expected to reach a deal for him before the season starts, sources told ESPN’s Adam Schefter.

Williams, 24, is coming off his first 1,000-yard receiving season and was entering the final year of his rookie contract. He is expected to take on a bigger role alongside All-Pro receiver Amon-Ra St. Brown and new offensive coordinator John Morton.

Detroit traded up 20 spots to make Williams the 12th overall selection out of Alabama in the 2022 NFL Draft and he has continued to improve. He experienced a breakout year in 2024 where he scored seven receiving touchdowns as a deep-ball threat while also racking up 61 rushing yards and a rushing touchdown.

With the core group returning, Williams anticipates a “fun” 2025 season ahead for Detroit. He felt he made the biggest strides in becoming a more complete receiver this offseason.

“As you come in, I felt like I was getting used in certain ways, but now, it’s opening up the doors for coaches to use me in different ways,” Williams said during Thursday’s practice. “So it’s a lot more ways I’m being used and I just locked in on everything.”

NFL reporter Jordan Schultz first reported Williams’ deal.



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Bitcoin Unlikely To Reach Price Peak In Q4 2025: Analyst
Crypto Trends

Bitcoin Unlikely To Reach Price Peak In Q4 2025: Analyst

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Traders who predict Bitcoin will reach its cycle-high price by the end of this year may be misunderstanding the principles of statistics, a Bitcoin analyst says.

It comes as several analysts have been forecasting the outcome for Bitcoin (BTC) in recent times.

“Anyone who thinks Bitcoin has to peak in Q4 of this year does not understand statistics or probability,” PlanC said in an X post on Friday.

Source: Daniel Sempere Pico

“From a statistical and probability standpoint, it is equivalent to flipping a coin and getting tails three times in a row, then betting all your money that the fourth flip MUST BE tails,” PlanC said, explaining that relying on the three previous halving cycles doesn’t provide enough statistically significant data.

No “fundamental reason” for Bitcoin to peak in Q4

The analyst also argued that the halving cycle is no longer relevant to Bitcoin, following recent debate in the industry over its relevance, especially with the rise of Bitcoin treasury companies and significant inflows into the US-based spot Bitcoin ETFs.

“There is zero fundamental reason — other than a psychological, self-fulfilling prophecy — for the peak to occur in Q4 2025,” he explained. Q4 has historically been the best-performing quarter on average for Bitcoin since 2013, with an average return of 85.42%, according to CoinGlass.

Bitcoin is up 96.15% over the past 12 months. Source: CoinMarketCap

However, if the halving cycle is still in motion, Bitcoin could enter a downtrend as early as October, analysts have previously pointed out.

Traders have been divided in recent times over whether Bitcoin will peak at the end of the year.

Industry debates whether bull market will last in 2026

On Aug. 17, Canary Capital CEO Steven McClurg said there is a “greater than 50% chance Bitcoin goes to the 140 to 150 range this year before we see another bear market next year.”

Related: Bitcoin price ignores major US payrolls miss to erase $113.4K surge

Others expect the bull market to continue into 2026. Bitwise chief investment officer Matt Hougan said in July, “I bet 2026 is an up year.”

Meanwhile, several analysts have predicted Bitcoin could reach $250,000 before the year ends. In April 2025, BitMEX co-founder Arthur Hayes projected that level, and just a month later, in May, Unchained Market Research Director Joe Burnett made the same prediction.

Magazine: ChatGPT’s links to murder, suicide and ‘accidental jailbreaks’: AI Eye



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Binance, other exchanges list WLFI token as trading begins
GameFi Guides

WLFI token debuts today: can it reach $0.50?

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The WLFI token is making its highly anticipated debut today, with a 5 billion token unlock and over $5 billion in derivatives trading volume setting the stage for explosive price action once trading opens.

Summary

  • WLFI derivatives volume surged past $5 billion in 24 hours, with OI up 25% to $850 million, signaling high volatility ahead.
  • Long/short ratios above 5:1 on Binance and 6:1 on OKX show traders are heavily betting on upside.
  • About 5 billion WLFI tokens are entering circulation today, creating a $1.6–$1.7 billion market cap at current prices and setting the stage for a battle between selling pressure and speculative demand.

The World Liberty Financial (WLFI) token is officially launching, with Binance becoming the first exchange to list it. Trading for the new spot pairs—WLFI/USDT and WLFI/USDC—will begin today, Sept. 1, at 13:00 UTC, with deposits having already opened and withdrawals scheduled to begin on tomorrow. Other major exchanges have also confirmed plans to list WLFI, including KuCoin, Gate, Bithumb, Upbit, Kraken, OKX, HTX, MEXC, LBank, and Bitrue, making it available on all the major trading platforms.

The listing closely follows a community-driven decision to allow WLFI tokens to be traded, which had previously been non-transferable to comply with regulatory restrictions. On August 22, the World Liberty Financial community voted to unlock 20% of the supply (~5 billion of WLFI tokens) held by early supporters on Sept. 1 at 12pm UTC, creating the first opportunity for these holders to move or trade their tokens on CEXs.

WLFI token price prediction

Based on derivatives data from Coinglass, the WLFI token is already attracting significant speculative attention. Futures trading volume surged to $5.0 billion in the past 24 hours, up more than +400%, while OI climbed 25% to $850 million. Such an expansion in leveraged positioning typically signals heightened volatility ahead.

The long/short ratio across major exchanges suggests a bullish tilt. On Binance, the ratio of long to short accounts is over 5.4, while OKX shows a similar ratio above 6.3. Even among top traders on Binance, the long/short ratio stands firmly above 5.2, suggesting that market participants are positioning for upside.

On the price side, WLFI futures have already pushed toward the $0.30–$0.32 range, supported by steadily climbing OI. If momentum persists and speculative capital continues to flow in, WLFI could realistically test the $0.40–$0.50 zone in the short term.

Source: Coignlass

The upcoming unlock is critical for price discovery. At the current price of around $0.32–$0.34, the circulating market cap would sit at approximately $1.6–$1.7 billion. If WLFI were to trade at $0.50 post-unlock, circulating market cap would rise to $2.5 billion, firmly placing it in the mid-cap tier of cryptocurrencies, while its FDV would rival or surpass several of the top 10 assets by size.

However, it’s important to note that the unlock introduces a potential supply overhang, as some early investors may take profits after steep paper gains from earlier private sale rounds at $0.015 and $0.05. At the same time, surging derivatives interest suggests strong speculative demand could absorb much of this selling pressure. The net effect will likely determine whether WLFI consolidates in the $0.30s or makes a decisive move toward the $0.40–$0.50 range in the near term.



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Texas Longhorns quarterback Arch Manning (#16) runs up field for a first down during the CFP Semifinal Cotton Bowl Classic football game between the Ohio State Buckeyes and Texas Longhorns on January 10, 2025 at AT&T Stadium in Arlington, TX
Gaming Gear

Fox and Google Reach Agreement to Keep Fox Channels on YouTube TV

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Fret not, football fans, Fox channels are staying on YouTube TV. Google and Fox reached an agreement to end their dispute that could have led to the removal of Fox channels from Google-owned YouTube TV. 

Google announced the deal last night in a YouTube blog post stating, “We’re happy to share that we’ve reached an agreement with Fox to keep their content on YouTube TV, preserve the value of our service for our subscribers and offer more flexibility in the future. This means that Fox channels, including the Fox Broadcast Network, Fox News, and Fox Sports, remain available for our subscribers along with 100+ channels and football fans will not miss any of the action this weekend.”

With the first big Saturday of college football this weekend — starting with No. 1 Texas facing off against No. 3 Ohio State at noon on Fox — and the first Sunday of NFL football next weekend, the pressure was on for Google and Fox to get a deal done. And after a short-term extension that allowed negotiations to extend past a Wednesday deadline, the two parties were able to renew their contract without any disruption in service.

Enjoy the football this weekend, folks.



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Ethereum
NFT Gaming

Crypto Lawyer Deaton Backs Ethereum To Reach $10,000 Target

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

Crypto lawyer and former Republican senatorial candidate for Massachusetts, John Deaton, has publicly lauded Ethereum (ETH) price growth’s potential, tipping the altcoin for sizable short-term gains. The XRP enthusiast is predicting ETH to hit a $10,000 price valuation in the present market cycle, citing strong institutional inflows and strategic accumulation by Ethereum treasury firms as key bullish catalysts.

Ethereum To Ride On Treasury Accumulation And ETF Inflows – Deaton

Notably, Deaton’s vote of confidence in Ethereum came in response to an X post by ETF analyst Nate Geraci, who highlighted a notable capital rotation trend between Bitcoin and Ethereum exchange-traded funds (ETFs). According to Geraci, spot ETH ETFs recorded $340 million in inflows on Friday, contributing to $2.8 billion in net inflows in August alone. In contrast, Bitcoin ETFs saw $1.2 billion in outflows during the same period. Since the beginning of July, spot ETH ETFs have attracted $8.2 billion in inflows, compared with $4.8 billion for Bitcoin ETFs.

Deaton explains that these flows underscore Ethereum’s strengthening investment case, echoing commentary from Tom Lee, Chief Investment Officer at Fundstrat and Chairman of Bitmine ($BMNR), an ETH treasury company. Lee has previously backed ETH’s potential for mainstream adoption, citing stablecoins’ potential to create a “ChatGPT moment” as seen with generative AI, especially following recent policy developments like the GENUIS Act.

Spot eth ETFs w/ $340mil inflows yesterday…

So far in August:

Spot eth ETFs = $2.8bil inflows

Spot btc ETFs = $1.2bil *outflows*

Since beginning of July:

Spot eth ETFs = $8.2bil inflows

Spot btc ETFs = $4.8bil inflows

Notable recent shift.

— Nate Geraci (@NateGeraci) August 23, 2025

Meanwhile, John Deaton also noted the broader trend of Ethereum treasury companies actively accumulating ETH. This includes firms led by industry figures, including Lee (Bitmine), Joseph Lubin (Sharplink), and Andrew Keys (Ether Machine). Deaton suggested that the coordinated buildup of Ethereum reserves by these companies reflects a strategic bet on ETH’s central role in the evolving digital asset economy. While acknowledging Lee’s potential bias in his “stablecoin” commentary, being a stakeholder in the ETH market, Deaton emphasized that institutional and corporate accumulation patterns are hard to ignore.

The crypto lawyer said:

I don’t know if ETH can hit $20K or more this cycle, like some folks are suggesting, but with continued inflows, indicated below, coupled with @ethereumJoseph, @AK_EtherMachine, Tom Lee, and others, accumulating ETH for ETH Treasury Companies, $10K appears to be fairly foreseeable in ETH’s future.

ETH Price Overview

At press time, Ethereum trades at $4,775 following a 1.91% gain in the past day. However, the altcoin maintains a green performance on larger timeframes, reflecting gains of 7.28% and 23.98% on its weekly and monthly charts, respectively.  With a market cap of $576 billion, ETH continues to rank as the second largest cryptocurrency and 22nd largest asset in the world.

ETH trading at $4,775 on the daily chart | Source:  ETHUSDT chart on Tradingview.com

Featured image from Pexels, chart from Tradingview

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.





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Bitcoin (BTC) Price Could Reach $1M by 2030, Coinbase (COIN) CEO Brian Armstrong Says
GameFi Guides

Bitcoin (BTC) Price Could Reach $1M by 2030, Coinbase (COIN) CEO Brian Armstrong Says

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Coinbase CEO Brian Armstrong said that bitcoin

could hit $1 million per token by the end of the decade, adding his voice to a growing chorus of high-profile crypto advocates calling for explosive growth.

“I think we’ll see $1 million per bitcoin by 2030,” Armstrong said in a post on X this week while promoting his appearance on the Cheeky Pint podcast. The prediction is notable because Armstrong rarely offers public price targets.

He isn’t alone in expecting such a surge. Jack Dorsey, who ran X (formerly Twitter) until 2021 and co-founded payments firm Block (formerly Square), has also said bitcoin could reach $1 million by 2030 and likely move higher beyond that milestone.

Meanwhile, Cathie Wood’s Ark Invest revised its long-term outlook last month, raising its decade-end projection to as high as $3.8 million, citing increased institutional adoption as the main driver.

The optimism comes at a time when bitcoin has been setting records. The token is trading at $114,383, up 22% this year, after touching a new all-time high above $124,000 last week. The rally has strengthened arguments that bitcoin is consolidating its role as a hedge against inflation and an alternative to traditional safe-haven assets like gold.

Some investors see major moves happening sooner. Anthony Scaramucci, founder of SkyBridge Capital, said on CNBC on Aug. 19 that bitcoin could climb to between $180,000 and $200,000 within the next five months, adding that even that outlook may prove conservative.



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