Articles for category: Crypto

September 24, 2025

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Bearish Sentiment Prevails as IBIT Shows Signs of Weakening in Bitcoin Market

The market dynamics surrounding Bitcoin, particularly through the lens of BlackRock’s Nasdaq-listed spot exchange-traded fund (ETF), IBIT, have taken a bearish turn. For two consecutive months, the IBIT’s put-call skew—a crucial indicator of market sentiment—has remained firmly in negative territory, suggesting that traders are increasingly favoring protective positions over optimistic ones. Since the indicator flipped positive on July 25, it has stayed above zero, signaling a prevailing cautious attitude among market participants. This consistent preference for protective put options reflects a risk-averse outlook, marking the second consecutive month of bearish sentiment. The observed trend aligns with past instances; notably, a

September 24, 2025

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Bitcoin Whales Liquidate $16B in Holdings Amid Price Pressures

In a notable shift within the cryptocurrency landscape, Bitcoin whales have unloaded approximately 147,000 BTC over the past month, translating to around $16.5 billion worth of digital assets. This massive sell-off comes as analysts signal increasing pressure on Bitcoin’s price, especially following its recent rally to record highs above $124,500. The recent wave of selling predominantly involved long-term holders (LTH) who appear to be cashing out after significant gains. According to CryptoQuant’s head of research, Julio Moreno, the total supply of Bitcoin held by whales has decreased at an unprecedented rate, marking a shift of over 2.7% in just 30

September 24, 2025

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Bitcoin Faces Downturn: Liquidity Insights Point to $107K As Critical Threshold

Bitcoin (BTC) has been navigating a turbulent week, experiencing a notable decline that has piqued the interest of investors and traders alike. Recently, the cryptocurrency fell more than 3%, with its price hovering around $111,590. This downward movement has pushed BTC through critical support levels, specifically the 50-day and 100-day simple moving averages (SMA), both of which are now signaling a cautious outlook for bullish investors, having lost their upward momentum for the first time since April. In the wake of this price fluctuation, the phrase “buy the dip” has seen a significant uptick on social media platforms, marking its

September 24, 2025

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Bitcoin’s Bollinger Bands Signal Potential Volatility Ahead

Bitcoin is witnessing a historic tightness in its Bollinger Bands, a key technical indicator used to assess volatility and price trends. Analysts have noted that this unusual compression often precedes significant market movements, where both price spikes and drops may occur. “Currently, Bitcoin’s weekly Bollinger Bands are the most constricted we have ever seen,” said popular crypto analyst “Mr. Anderson” in a post on X. He emphasized that such tightness in the Bands typically signals an impending expansion in volatility, with historical trends indicating that price movements often test the outer bands shortly thereafter. Nassar Achkar, the Chief Strategy Officer

September 24, 2025

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Stablecoin Hopes in Asia Hampered by Capital Controls, Khan’s Hong Kong Takes the Lead

In the buildup to Korea Blockchain Week in Seoul, the prospect of a Korean Won-backed stablecoin emerged as a hot topic. Advocates argue that such a digital currency could serve as an alternative to the dominant U.S. dollar. However, a significant obstacle stands in the way: strict capital controls that limit the global usability of most Asian currencies. Only the Hong Kong Dollar seems poised to emerge as a functional regional stablecoin. Legislation aimed at legalizing stablecoins is currently navigating the South Korean political landscape. Lawmakers emphasize that the initiative is not about internationalizing the Won; rather, it seeks to

September 24, 2025

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Novogratz Predicts U.S. Crypto Bills to Transform Market Dynamics

Mike Novogratz, CEO of Galaxy Digital, has made a bold prediction regarding the evolving landscape of cryptocurrency in the United States, suggesting that recent legislative developments could lead to a significant shift in market participation. In an interview with Bloomberg, he emphasized that the passage of two crucial pieces of legislation—the GENIUS Act and the CLARITY Act—will likely catalyze unprecedented investor engagement in the crypto space. The GENIUS Act, which provides a regulatory framework for stablecoins, was signed into law in July, while the CLARITY Act outlines the jurisdictional parameters for regulatory bodies overseeing cryptocurrencies. Novogratz believes that these legislative

September 24, 2025

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HEMI Token Surges Over 200% Following Binance Listing

In a remarkable turn of events, the HEMI token, associated with the Bitcoin programmability protocol Hemi, has experienced an impressive surge of over 200% within just one week. This phenomenal growth coincided with its recent listing on the Binance exchange, a move that has significantly heightened its market visibility and accessibility. Launched at the end of August, HEMI was initially met with a quiet reception in the crypto market. However, this trend shifted dramatically in the weeks leading up to its Binance debut. Currently, HEMI is trading at approximately $0.135 per token, peaking at around $0.175 shortly after its listing,

September 24, 2025

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CFTC Initiates Collaboration for Tokenized Collateral Using Stablecoins

The U.S. Commodity Futures Trading Commission (CFTC) has launched a new initiative aimed at integrating stablecoins as tokenized collateral, a step intended to address margin requirements in the substantial derivatives market. This effort seeks input from industry stakeholders to effectively implement the policy. Caroline Pham, the acting chair of the CFTC, is spearheading this initiative in the context of a “crypto sprint” aimed at promoting the inclusion of digital assets in U.S. financial operations. This move comes amid prolonged delays in the confirmation process for former Commissioner Brian Quintenz, who has been nominated by President Donald Trump to chair the

September 24, 2025

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Archetype Launches $100 Million Fund Targeting Next-Generation Crypto Startups

Archetype, a prominent venture capital firm focused on the crypto sector, has successfully closed its third fund, named Archetype III, with impressive total capital commitments exceeding $100 million. This move reflects increasing confidence among institutional investors in the burgeoning blockchain space. The funding round, officially announced in a press release on Tuesday, attracted a diverse spectrum of financial backers including pension funds, academic endowments, sovereign wealth funds, family offices, and other investment funds. The Archetype III fund is designed to support early-stage startups that are innovating in crucial areas such as on-chain infrastructure, decentralized finance (DeFi), and various emerging blockchain

September 23, 2025

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HEMI Surges Over 200% Following Binance Listing Announcement

The Bitcoin-based protocol HEMI has experienced a remarkable surge in value, skyrocketing over 200% in the week leading up to its much-anticipated listing on Binance. Initially launched at the end of August, the HEMI token has gained substantial traction, particularly in the last two weeks. As of today, HEMI has recorded a staggering 250% increase in value over the past week, with a notable 52% rise occurring just today. The token’s current trading price stands at $0.135, having previously peaked at $0.175, which aligns with a fully diluted valuation of approximately $1.7 billion following its spot listing on Binance this