2.87M
4.37M
2024-12-05 07:00:00 ~ 2024-12-09 11:30:00
2024-12-09 13:00:00 ~ 2024-12-09 17:00:00
Total supply10.00B
Resources
Introduction
Movement Network is an ecosystem of Modular Move-Based Blockchains that enables developers to build secure, performant, and interoperable blockchain applications, bridging the gap between Move and EVM ecosystems.
SUI price trades at $3.88 with a 7.0% weekly gain, consolidating near resistance. The firm support is not lost at $3.54, which does not allow more severe corrections. Breaking out of the current price at position above $3.88 would break the door of returning to the earlier all-time highs. Sui (SUI) is experiencing an indicative turn in decisive movement in prices following a steadiness at key levels. SUI is trading at $3.88 at the time of writing, which indicates a 7.0% appreciation in the last seven days. The token has been firmly holding above its immediate support of $3.54 and has been bouncing several times above its immediate resistance of current price. This technical structure suggests the market is preparing for significant volatility, with traders closely monitoring the consolidation that has taken shape. Price Structure and Resistance Test The SUI chart highlights an ongoing attempt to push beyond the upper boundary of a downtrending channel. Price has gradually approached the resistance at $3.88, which now aligns with a potential breakout point. A sustained move above this zone would likely shift market focus toward the higher ranges. Historical trading patterns show that a breakout from similar structures has often been followed by retests of previous highs. Price Consolidation Tightens Between Key Levels Notably, price stability has been observed at $3.54, which continues to act as a reliable support level. This base has prevented deeper pullbacks during recent market sessions. Each test of this level has resulted in renewed buying pressure, keeping the broader trend intact. The persistence of this support underlines its importance as traders watch for confirmation of directional momentum. BIG MOVE COMING FOR $SUI pic.twitter.com/jXGJyhnGLB — Mikybull 🐂Crypto (@MikybullCrypto) September 18, 2025 With the market holding this threshold, attention has increasingly turned to whether resistance can finally give way.If resistance at $3.88 is cleared, the path may open for a move toward the old all-time high region. The ascending structure from recent months provides additional reinforcement to this outlook. Price action has steadily respected the trendline, gradually compressing toward the breakout point. This formation signals tightening conditions that could soon resolve with heightened activity. Market watchers remain alert to these levels as the consolidation nears its conclusion.
In the world of the crypto industry, scams are nothing new. However, in the past two years, the speed, ingenuity, and sheer number of victims involved in “rug pulls” have redefined the public’s understanding of the term. From VC-backed projects like Movement, to the meme coin $YZY supported by celebrity Kanye West, and recently the silent disappearance of the Solana project AQUA, investors’ funds have flowed out like an open faucet, leaving behind chaos and a sense of helplessness. According to RootData, since 2024, there have been over 260 rug pull incidents in the Web3 market, involving more than $500 million. More critically, most victims have no form of recourse. Blockchain emphasizes “code is law,” but when project teams abandon ship, social media accounts are deleted, or smart contracts are not open-sourced, ordinary users have almost no way to hold anyone accountable. In traditional financial markets, risk hedging mechanisms are layered and robust, while Web3, despite its claim of “decentralized autonomy,” often lacks systematic responses when real risks arise. After a project collapses, the response is usually limited to short-term community appeasement and compensation, rather than replicable and institutionalized solutions. Against this backdrop, a new experiment is drawing community attention: the Fair3 Fairness Foundation. This is an on-chain insurance system established entirely by the community, independent of project teams or exchanges. It is attempting to answer a long-ignored question: “When real risk arrives, what can we actually do?” This mechanism is not just a “decentralized insurance”; it could also become a new driver of buying pressure, changing the operational logic of crypto token economies. Decentralized Insurance in Practice After the AQUA Incident In September 2025, news spread rapidly in the Chinese Solana community: the AQUA project had lost contact. Once hailed as a “potential representative of the environmental protection track” on Solana, the team disappeared and the community disbanded just three weeks after listing on an exchange, with the token dropping to zero overnight. Unexpectedly, in the absence of any compensation from the project team, the Fair3 Foundation became the first third party to step up and provide insurance for community users. According to the official announcement, Fair3 launched an insurance plan totaling 100,000 FAIR3 tokens. The plan required users to provide on-chain holding screenshots and introduced a dual-track structure of “main compensation pool + public pool,” with different compensation amounts based on whether users held and staked FAIR3. All processes were conducted transparently on-chain, and the insurance funds came from the foundation’s previously injected quarterly reserve. The actual operation of this mechanism became a rare “non-project-led” compensation case in the crypto world. It not only brought a short-term reversal of public opinion but also sparked new industry thinking about whether “public protection mechanisms” could be on-chain. The Core Logic of the Foundation: Insurance, But Decentralized The core design of the foundation is to compensate users who have suffered injustice. It requires victims to hold both Fair3 and the affected project’s tokens at the time of the incident and to stake (Stake) Fair3 to qualify for compensation. The compensation amount is determined by the user’s staking ratio, up to 10% of the compensation pool. Moreover, staking more Fair3 not only means higher coverage but also grants governance rights: over 5,000 tokens allows voting, and over 100,000 tokens allows users to propose compensation cases. In other words, staking Fair3 is essentially buying an insurance policy, and this policy also gives users the power to influence compensation outcomes. Traditionally, insurance is provided by centralized companies: users pay premiums, and the company pays out in case of an incident. The Fair3 Foundation essentially brings this model on-chain, with three key modifications: On-chain transparency: Compensation eligibility is verified via snapshots, preventing post-incident buying to cheat compensation. Holding linkage: Compensation amounts and voting rights are directly tied to the amount of $FAIR3 staked. Community governance: Whether an event is recognized as a “compensation case” is decided by token holders’ votes. The result: buying and staking $FAIR3 is not just buying a token, but more like buying an “on-chain insurance policy.” Why Is It More Than Just Insurance? If it were just insurance, the Fair3 Foundation would at most be a “stop-loss tool” for users. Its real uniqueness lies in the fact that this mechanism is inherently tied to buying pressure. Holding equals protection: Users must stake $FAIR3 to qualify for compensation. The more you hold, the higher the protection: Large stakes not only increase compensation limits but also grant proposal rights. Governance binding: 5,000 $FAIR3 are needed to vote, and over 100,000 are needed to initiate proposals. In other words, to be protected and have a say, you must buy and stake $FAIR3 long-term. How Do Insurance and Buying Pressure Form a Flywheel? The true power of this mechanism lies in its natural construction of a “buying flywheel”: Users buy and stake Fair3—obtaining insurance to ensure they won’t lose everything in a rug pull. Users participate in governance—those who hold more can decide which events are added to the compensation list. Users receive compensation—when black swan events occur, the foundation’s compensation pool is distributed according to staking ratios. Users buy more—wanting higher compensation limits or governance weight requires staking more $FAIR3. New users are attracted—seeing real compensation cases from the foundation, they are more willing to buy Fair3 for insurance eligibility. Market cap and capability resonate—Fair3’s price rises, the foundation’s compensation ability strengthens, further attracting more users. This is a classic closed-loop flywheel: Insurance brings buying and staking → buying and staking bring market cap → market cap brings stronger insurance capability → stronger insurance capability brings more buying. Fair3 vs. Traditional Projects: True Anti-Cyclicality Most crypto projects’ value is supported by “narrative” or “application scenarios”; once the hype fades, they face selling pressure. Fair3 is different in that it gives holders a real and long-term reason to hold: Even without a bull market, staking Fair3 is still valuable because it is the user’s “market insurance policy.” The more chaotic the market, the higher the insurance value—this is the opposite logic of most tokens shrinking in a bear market. Therefore, Fair3 is more like an “anti-cyclical token.” Potential Impact: The Long-Term Holder Logic of Fair3 This means Fair3 could shape a new holder structure: Short-term speculators will exit, but those who stay will be users who see Fair3 as insurance and a governance tool. Institutions and whales may be more willing to allocate long-term, as they need a backstop mechanism most during market volatility. Retail investors will naturally form positions due to the intuitive logic of “buying Fair3 = buying insurance.” When the motivation for buying tokens shifts from “speculating on price” to “hedging risk,” the holder structure becomes healthier and more long-term. For Project Teams: Introduction of the Fair Margin Mechanism In addition to users, project teams are also included in the flywheel. The foundation’s “fair margin mechanism” allows projects to proactively buy and stake Fair3 as a commitment that they will not rug. If the project experiences a rug or a significant token drop in the future, this margin will be distributed to all users holding the corresponding token. Essentially, the project itself sets up the insurance pool to prove its confidence in the project, with the Fair3 Foundation’s mechanism providing fairness and protection. For projects, this is a public credit endorsement; For users, projects that purchase fair margin are more secure and trustworthy; For Fair3, it means that in addition to user buying and staking, project teams will also become a major buying force, further accelerating the flywheel effect. Conclusion: Value Evolution from Insurance to Flywheel What Fair3 represents is not just a “personal risk protection tool,” but an institutional governance product that can be adopted by platforms, exchanges, and project teams alike. Fair3 CTO Wang Xin (former founder of Kuaibo) said in an interview: “Fair3 is not a project for short-term speculation; it aims to solve the long-missing ‘public product structure’ in the crypto space. This takes time to build and requires real events to prove its value.” Similarly, Unicorn Verse founder and Fair3 investor Ann also pointed out: “Currently, project teams and platforms are trying to bind users with incentives, but few are building structural trust flywheels from the perspective of insurance mechanisms. Fair3 shows us this possibility.” The Fair3 Foundation mechanism demonstrates a new possibility: It turns “fairness” from an idealistic slogan into visible and tangible compensation protection for users; It transforms “buying tokens” from a speculative act into a long-term logic of buying insurance and participating in governance. The greatest value of this mechanism is not just that victims receive compensation, but that, through the flywheel effect, it gradually accumulates a community of long-term holders. In the crypto world full of uncertainty, this may be the most scarce form of “certainty.”
Source: Fair3 In the world of the crypto industry, scams are nothing new. However, in the past two years, the speed, ingenuity, and sheer number of victims involved in “rug pulls” have redefined the public’s understanding of the term. From VC-backed projects like Movement, to the meme coin $YZY supported by celebrity Kanye West, and the recent quiet disappearance of Solana project AQUA, investors’ funds have flowed out like an open faucet, leaving behind chaos and a sense of helplessness. According to RootData, since 2024, there have been more than 260 rug pull incidents in the Web3 market, involving over $500 million. More critically, most victims have no recourse or rights protection mechanisms. While blockchain emphasizes “code is law,” when project teams abandon their posts, social media accounts are deleted, or smart contracts are not open-sourced, ordinary users have almost no way to hold anyone accountable. In traditional financial markets, risk hedging mechanisms are layered and robust, but while Web3 prides itself on “decentralized autonomy,” it often lacks systematic responses when real risks arise. After a project collapses, the response is usually limited to short-term community appeasement and compensation, rather than replicable and institutionalized solutions. Against this backdrop, a new experiment is drawing community attention: the Fair3 Fairness Foundation. This is an on-chain insurance system established entirely by the community, independent of project teams and exchanges. It is attempting to answer a long-ignored question: “When risk truly arrives, what can we actually do?” This mechanism is not only a “decentralized insurance,” but could also become a new driver of buying power, changing the operational logic of crypto token economies. Decentralized Insurance in Practice After the AQUA Incident In September 2025, news spread rapidly in the Chinese Solana community: the AQUA project had gone missing. Once hailed as a “promising representative of the environmental track” on Solana, the team disappeared and the community was disbanded just three weeks after listing on exchanges, with the token value plummeting to zero overnight. Unexpectedly, in the absence of any compensation from the project team, the Fair3 Foundation became the first third party to step forward and provide insurance for community users. According to the official announcement, Fair3 launched an insurance plan totaling 100,000 FAIR3 tokens. The plan required users to provide on-chain holding screenshots and introduced a dual structure of “main compensation pool + public pool,” with different compensation amounts based on whether users held and staked FAIR3. All processes were conducted transparently on-chain, and insurance funds came from the foundation’s previously injected quarterly reserves. The actual operation of this mechanism became a rare “non-project-led” compensation case in the crypto world. It not only brought a short-term reversal in public opinion but also sparked new industry thinking about whether “public protection mechanisms” could be on-chain. The Core Logic of the Foundation: Insurance, but Decentralized The core design of the foundation is to compensate users who have suffered injustice. It requires victims to hold both Fair3 and the affected project’s tokens at the time of the incident, and to stake (Stake) Fair3 to qualify for compensation. The compensation amount is determined by the user’s staking ratio, up to 10% of the compensation pool. Moreover, staking more Fair3 not only increases the protection limit but also grants governance rights: with over 5,000 tokens, users can vote; with over 100,000 tokens, they can even propose compensation cases. In other words, staking Fair3 is essentially buying an insurance policy, and this policy also gives users the power to influence compensation outcomes. Traditionally, insurance is provided by centralized companies: users pay premiums, and the company compensates in case of accidents. The Fair3 Foundation essentially brings this model on-chain with three key modifications: On-chain transparency: Compensation eligibility is verified by snapshot, preventing post-incident buying to fraudulently claim compensation. Holding linkage: Compensation limits and voting rights are directly tied to the amount of $FAIR3 staked. Community governance: Whether an event is recognized as a “compensation case” is decided by token holders’ votes. The result: buying and staking $FAIR3 is not just buying a token, but more like purchasing an “on-chain insurance policy.” Why Is It More Than Just Insurance? If it were just insurance, the Fair3 Foundation would at most be a “stop-loss tool” for users. Its true uniqueness lies in the fact that this mechanism is inherently tied to buying demand. Holding equals protection: Users must stake $FAIR3 to qualify for compensation. The more you hold, the higher the protection: Large stakes not only increase compensation limits but also grant proposal rights. Governance binding: 5,000 $FAIR3 are required to vote, and over 100,000 to initiate proposals. In other words, if you want protection and a say in governance, you must buy and stake $FAIR3 long-term. How Do Insurance and Buying Power Form a Flywheel? The true power of this mechanism lies in its natural construction of a “buying flywheel”: Users buy and stake Fair3—obtaining insurance to ensure they won’t lose everything in a rug pull event. Users participate in governance—those who hold more can decide which events are added to the compensation list. Users receive compensation—when black swan events occur, the foundation’s compensation pool is distributed according to staking ratios. Users buy more—those wanting higher compensation or governance weight must stake more $FAIR3. New users are attracted—seeing real compensation cases from the foundation, they are more willing to buy Fair3 for insurance eligibility. Market cap and capacity resonate—Fair3’s price rises, the foundation’s compensation capacity grows, further attracting more users. This is a classic closed-loop flywheel: Insurance brings buying and staking → buying and staking increase market cap → higher market cap brings stronger insurance capacity → stronger insurance capacity brings more buying. Fair3 vs. Traditional Projects: True Anti-Cyclicality Most crypto projects’ value is supported by “narrative” or “application scenarios,” and once the hype fades, they face selling pressure. Fair3 is different in that it gives holders a real and long-term reason to hold: Even without a bull market, staking Fair3 is still valuable because it serves as a “market insurance policy” for users; The more chaotic the market, the higher the insurance value, which is the opposite logic of most tokens shrinking in a bear market. Therefore, Fair3 is more like an “anti-cyclical token.” Potential Impact: The Long-Term Holder Logic of Fair3 This means Fair3 could shape a new holder structure: Short-term speculators will exit, but those who remain will be users who treat Fair3 as an insurance and governance tool. Institutions and whales may be more willing to hold long-term, as they need bottom-line mechanisms most during market volatility. Retail investors will naturally form positions due to the intuitive logic of “buying Fair3 = buying insurance.” When the motivation for buying tokens shifts from “speculating on price” to “hedging risk,” the holder structure becomes healthier and more long-term. For Project Teams: Introduction of the Fair Margin Mechanism In addition to users, project teams are also included in the flywheel. The foundation’s “fair margin mechanism” allows projects to proactively buy and stake Fair3 as a commitment that they will not rug. If a project later experiences a rug or a sharp token drop, this margin will be distributed to all users holding the corresponding token. Essentially, the project itself sets up the insurance pool to prove its confidence in the project, with the Fair3 Foundation’s mechanism providing fairness and protection. For projects, this is a public credit endorsement; For users, projects that purchase fair margin offer more protection and confidence; For Fair3, it means that in addition to user buying and staking, project teams will also become a significant buying force, further accelerating the flywheel effect. Conclusion: Value Evolution from Insurance to Flywheel What Fair3 represents is not just a “personal risk protection tool,” but also an institutional governance product that can be jointly adopted by platforms, exchanges, and project teams. Fair3 CTO team member Wang Xin (former founder of Kuaibo) said in an interview: “Fair3 is not a project for short-term speculation. It aims to solve the long-missing ‘public product structure’ in the crypto space, which takes time to build and real events to prove its value.” Similarly, Unicorn Verse founder and Fair3 investor Ann also pointed out: “Currently, project teams and platforms are trying to bind users with incentives, but few are building a structural trust flywheel from the perspective of ‘insurance mechanisms.’ Fair3 shows us this possibility.” The Fair3 Foundation mechanism demonstrates a new possibility: It turns “fairness” from an idealistic slogan into visible and tangible compensation protection for users; It transforms “buying tokens” from a speculative act into a long-term logic of buying insurance and participating in governance. The greatest value of this mechanism is not only to compensate victims, but also to gradually accumulate a long-term holder community through the flywheel effect. In the uncertain environment of the crypto world, this may be the most scarce “certainty.” This article is a submission and does not represent the views of BlockBeats.
SPX rallied 16% after the Fed cuts, with bulls holding a fragile edge in price action. Breakout and retest patterns show room for upside if resistance levels are cleared. Liquidation data and funding rates point to stronger trader confidence in SPX gains. The SPX token soared 16% in value after the Federal Reserve announced its latest rate cut, sending a jolt through markets. The decision lowered the federal funds target range by a quarter point to 4–4.25 percent, as policymakers pointed to cooling job growth, a mild rise in unemployment, and inflation that, while still above target, appears more manageable. The decision was split, with Governor Stephen Miran pushing for a deeper 50-point cut. However, traders reacted quickly. SPX jumped from $1.2748 to $1.4824 between 6:00 pm and 11:00 pm UTC, fueled by heavy buying. Charts lit up with tall green volume candlesticks signaling bullish conviction, while brief red dips showed sellers struggling to keep pace. Source: TradingView On-chain signals supported the rally. CoinGlass data revealed $93.66K worth of short positions being liquidated over the last 24 hours, nearly double the $54.37K worth of long positions that were wiped out. While moderate, this imbalance reflects the tilt in directional bias towards the upside amongst traders, thus giving bulls leverage into the next upward jump. Source: CoinGlass SPX Price Action: Breakout and Retest Pattern On the daily chart, the SPX token recently broke above a resistance trendline that had capped its upward momentum since late July. The breakout initially stalled near the 38.60% Fibonacci retracement level at $1.51, with prices briefly touching $1.55 before sellers forced a pullback. That retracement sent SPX down to $1.23, a region that coincided with the old trendline. Instead of collapsing, the token rebounded, casting a classic breakout-and-retest formation that many traders see as bullish confirmation and an opportunity to go long. True to its purpose, the structure staged a swift recovery, with SPX rallying more than 15% to trade around $1.41, showing resilience but still running into overhead pressure at the 38.20% Fib zone. If bulls can clear that level, the next upside target sits at the 50% retracement near $1.65. Source: TradingView Beyond it, the path opens toward $2.01 at the 78.20% Fib mark, last tested in mid-August, and possibly even this year’s high of $2.27, achieved in late July. That would represent a gain of nearly 60% from current levels. Volume shifts support the bullish case. Tradingview data indicates a re-accumulation phase, which is a sign of buyers accumulating for the next upside. Such activity often precedes sustained upward momentum. Still, risks remain. A break below the support could see SPX retest its $1.09-$0.97 levels. A definite breakdown beneath that zone would invalidate the bullish pattern and turn sentiment to a deeper bearish perspective. Technical Gauges Suggest Balanced Yet Bullish Outlook From a technical perspective, the RSI index is hinting at a neutral stance as its RSI line hovers slightly above the neutral 50 level at 56.06. From a broader outlook, the RSI originates from oversold levels and is edging higher. Source: TradingView This means the bulls have the upper hand, albeit weakly. At the same time, it hints that there is space for the token to expand upwards before reaching overbought levels in the near term. The Directional Movement Index hints at a similar outlook. At press time, the +DI is 24.4714 above the -DI, which is 16.8797, suggesting that buying pressure is higher than selling pressure. However, the ADX, at 19.0625, suggests relatively weak momentum at the moment. Source: CoinGlass According to CoinGlass data, the OI-weighted funding rate is hovering in the positive zone around the +0.0139% level. This implies that long position holders are paying a premium to short sellers to maintain their position, which is a sign of the traders’ credibility in the token’s price increase in the near future. Conclusion The SPX token finds itself at a crucial junction, wedged between resistance challenges and supportive technical signals. The recent breakouts, liquidation data, and solid funding rates hint that traders are growing confident even if momentum stays subdued. With re-accumulation patterns signaling sustained demand, the outlook tends to be bullish. However, holding onto key support zones will continue to be necessary if gains are to extend and keep the upward momentum alive in the sessions to come. The post SPX Soars 16% as Fed Slashes Rates, What Comes Next? appeared first on Cryptotale
Ethereum confirmed a broadening wedge breakout and buyers are defending $4,560 support; institutional holdings rose 116% to over 11.7M ETH while $646M weekly inflows and $77.6M net exchange outflows tightened supply, supporting further upside toward $4,590. Broadening wedge breakout confirmed with buyers defending $4,560. Institutional ETH holdings jumped 116% since July, now above 11.7M ETH. $646M inflows, $77.6M net exchange outflows and $171B stablecoin supply bolster liquidity. Ethereum breakout confirmed; Ethereum price supported by institutional accumulation and inflows — read the technical and market overview now. Ethereum confirms broadening wedge breakout as buyers hold $4,560 support, inflows hit $646M, and institutions boost holdings 116%. Ethereum confirms breakout as buyers defend $4,560 and momentum targets $4,590. Institutional ETH holdings surged 116% since July, now exceeding 11.7M ETH. $646M inflows, $77.6M exchange outflows, and $171B stablecoin supply boost support. Ethereum Broadening Wedge Breakout is Already Confirmed. The cryptocurrency has continued its upward trajectory after breaking from bearish patterns. Price action moved above major resistance areas, and technical indicators show continued strength. Market data from Coingecko and independent analyst reviews confirm Ethereum’s structure remains supported by buyers near key levels. What is driving the Ethereum breakout and is it sustainable? Ethereum’s breakout is driven by a confirmed price close above a broadening wedge and validated by momentum indicators and supportive on-chain flows. Sustained buying pressure, rising institutional accumulation, and net exchange outflows provide structural support, but follow volume and on-chain metrics for confirmation. Ethereum Price Movement and Technical Setup Ethereum traded at $4,586.16 after a 2.0% daily increase, ranging between $4,440.00 and $4,637.85. Market capitalization was reported at $553.85 billion with 24-hour volumes of $42.53 billion. $ETH #Ethereum Broadening Wedge Breakout is Already Confirmed..✅ I hope you guys Riding the Wave..🏄♂️ pic.twitter.com/3hN1Arlqxm — Captain Faibik (CryptoFaibik) September 18, 2025 The one-hour chart showed a breakout from a descending channel after extended sessions of lower highs and lows. According to an analysis prepared by Captain Faibik, Ethereum rebounded from $4,180 toward $4,460 within a short period. A measured target zone of 220 points confirmed the momentum following the breakout. Source: KamranAsghar (X) Further observations by Kamran Asghar indicated Ethereum traded within a symmetrical triangle before breaking higher near the $4,560 level. Price respected Fibonacci retracement levels, rebounding near 0.618 support before testing resistance at 0.382. The breakout extended toward $4,590 while buyers kept momentum intact above $4,560 support. How have market flows and institutional activity supported Ethereum’s move? Institutional accumulation has been a major tailwind. Data shows institutional ETH holdings increased by 116% since July, now controlling more than 11.7 million ETH. This level of accumulation reduces liquid supply available to retail and short-term sellers. What do inflows, exchange flows and stablecoin supply indicate? Ethereum investment products recorded $646 million in inflows last week, indicating fresh capital entering the market. Net exchange outflows of $77.6 million reduce tradable supply and often precede stronger price action. Additionally, $171 billion in stablecoin supply across Ethereum mainnet and Layer 2s underpins liquidity for further purchases. Source: Coingecko Unstaking queues expanded to 2.6 million ETH (roughly $12 billion), representing the largest pending validator withdrawal requests. While unstaking can add future supply, immediate net exchange outflows and inflows into investment products show active demand outpacing short-term selling. Frequently Asked Questions How high could Ethereum move after this breakout? Measured targets from the breakout point suggest short-term resistance near $4,590 with upside contingent on continued inflows, institutional buying, and momentum indicators remaining bullish. What technical indicators should traders watch now? Watch MACD for continued bullish crossover, RSI for sustained readings above 50, and volume to confirm moves. Also monitor net exchange flows and institutional accumulation on-chain. Key Takeaways Confirmed breakout: Ethereum closed above wedge resistance and buyers are defending $4,560. On-chain support: $646M inflows, $77.6M net exchange outflows, and $171B stablecoin pool bolster liquidity. Institutional demand: Holdings rose 116% since July to over 11.7M ETH — a material reduction in available supply. Conclusion The Ethereum breakout is supported by price action, momentum indicators, and meaningful on-chain flows. With buyers defending $4,560 and institutions increasing exposure, the structure favors continued upside toward $4,590 if inflows and outflows remain supportive. Monitor momentum and flows to validate further gains; COINOTAG will update as new data arrives. In Case You Missed It: HYPE (Hyperliquid) Near-$60 Peak May Signal Altcoin Momentum as ASTER Posts Notable Gains
Foresight News reported that The Movement announced that the Movement network will transition from a sidechain architecture to an independent Layer1 blockchain, supporting native token staking and providing support for Move 2.0. According to the announcement, the sidechain model has reached its limits. As a Move-based L1, Movement will be able to process over 10,000 transactions per second, with transaction confirmation times of less than one second—a significant improvement over the current network's upper limit of 500-600 TPS. The Layer1 blockchain is designed to fully leverage the performance potential of the Move Virtual Machine (MoveVM), while eliminating the risk of a centralized sequencer as a single point of failure under the sidechain model. Only unlocked MOVE tokens are eligible for staking; under this rule, locked tokens held by investors or core contributors cannot be used for staking. Movement's Layer1 blockchain will also be an early adopter of Move 2.0 language features. Move 2.0 introduces fundamental developer features such as enumerated types and function values. Movement stated that when the time is right, the network's state, off-chain storage, and on-chain framework will be migrated. Deployed smart contracts and user funds will remain unchanged, and a public testnet for developers will be launched soon.
according to market news, Movement Labs officially announced its transformation into an L1 blockchain to improve network performance and support native staking. At the same time, the project team also launched Move 2.0 to further enhance development and ecosystem capabilities.
According to Jinse Finance, market sources report that Movement Labs has officially transitioned to an L1 blockchain to enhance network performance and support native staking. At the same time, the project team has launched Move 2.0 to further strengthen development and ecosystem capabilities.
Move Industries, the company behind the Movement project, revealed plans on Tuesday to transition into a Layer 1 network from a sidechain, aiming to deliver performance improvements and enable native token staking. In a thread of X posts on Tuesday, Move Industries said it has hit its ceiling as a sidechain, and a Move-based L1 can help reach 10,000 transactions per second at sub-second latency. That represents a leap from the current 500-600 TPS limitation, the company said in a Tuesday statement . The L1 transition will also unlock Move 2.0, the company said. "Move 2 updates Move, the best smart contract language. It allows for enum types, index notation, compound statement, and more," the company added. The planned L1 network is set to feature native staking, supported by a validator network that helps secure Movement. Under this new design, locked MOVE tokens would be excluded from staking eligibility. The company plans to launch a developer testnet in the near future, with a mainnet migration targeted for the end of 2025, according to the statement. The project noted that the migration is expected to be seamless for users, requiring no action on their part. All existing funds, smart contracts, and network activity are set to carry over unchanged. Onchain activity on Movement has accelerated in recent months. Movement's total value locked climbed to $200.6 million as of Wednesday, up from $156.2 million at the start of September, according to Defilama data . Movement DEX volume jumped to $343.6 million in August, more than tripling from $110.4 million in July. MOVE, the native token of Movement, climbed 1.9% in the past 24 hours to trade at around $0.13 as of 3:30 a.m. ET Wednesday, according to The Block's price page . It has a market capitalization of $349 million. In May, Movement Labs dismissed co-founder Rushi Manche after revelations of a controversial market-making scandal involving 66 million MOVE tokens, about 5% of the supply. The company then restructured under new leadership as Move Industries, led by early employees Torab You and Will Gaines, pledging greater transparency and stronger community engagement.
Tom Lee says Bitcoin will make a monster move in the next three months. Reputed crypto analyst declares end of bull market is here. Other analysts remain bullish for Q4, especially for altcoin prices. The crypto market is torn between what to expect for the coming months ahead, as differing predictions are whispered amongst reputed crypto analysts and bold statements from crypto leaders. For instance, To Lee says Bitcoin will make a monster move in the next three months, while the reputed silver-tongued analyst, Doctor Profit , known for his accurate price predictions, suggests that the crypto bull market is coming to a close. Tom Lee Says Bitcoin Will Make a Monster Move As the crypto market heads deeper into the month of September, the bearish red month , expectations for a brutal market correction have not decreased. In fact, with the Fed rate cut announcement just a couple of days away, the crypto community grows more anxious over how the crypto market will react. According to one analyst, the market is already priced in, and a correction will take the price of BTC to $90,000. Meanwhile, reputed industry expert Tom Lee, Chairman of Bitmine Immersion, believes that this is only the beginning of what could be the monster move that BTC and ETH will pull in about three months. These expectations align with predictions for the crypto market to experience a heavy recovery to follow the anticipated September correction. So far, many BTC and ETH cycle top predictions have been shared and analyst still expect these targets to be met. Silver-Tongued Analyst Disagrees For those still fooled thinking the bull is “about to start” wake up. It started in Jan 2023. BTC has been moving up for 2 years and 8 months! In 2015-2017 bull market lasted 820d 2019-2021 bull market lasted 1004d Current "bull market" lasting 1035d.. You’re late! — Doctor Profit 🇨🇭 (@DrProfitCrypto) September 15, 2025 However, for the moment, Doctor Profit remains highly bearish . As we can see from the post above, this silver-tongued analyst says that the bull market is coming to an end as BTC has been moving up from $16,000 for the last 2 years and 8 months. Based on historical cycles, he states that the current bull market has lasted over a 1,000 days, meaning that the end of the bull cycle is near. According to him, traders entering the market now are too late to yield gains. This logic adds up for Bitcoin (BTC) as the price of the pioneer crypto asset has hit impressive ATH prices so far. However, the price of ETH and altcoins has yet to enter their parabolic run,a nd this run could be triggered by a massive supply shock that both BTC and ETH are heading towards due to heavy institutional accumulation. TOM LEE JUST SAID LIVE ON CNBC THAT #BITCOIN WILL MAKE A “MONSTER MOVE” IN THE NEXT 3 MONTHS 🚀 SUPPLY SHOCK INCOMING pic.twitter.com/0PYfQvX6XZ — Vivek Sen (@Vivek4real_) September 15, 2025 As we can see from the post above, Tom Lee , the reputed financial expert, states that monetary liquidity sensitivity with global central banks easing policies and taking on ETH and BTC adoption could lead to a monster move in the next three months. This aligns with the expectations that Q4 of 2025 will still be incredibly bullish, and could even usher in the long-awaited altseason pump.
Galaxy Digital purchased 6.5 million SOL worth $1.55 billion within five days. Solana fell 3.85% in 24 hours, with the market cap dropping to $128.72 billion. Technical indicators show bullish momentum, though RSI nearing 70 signals potential selling pressure. Galaxy Digital expanded its Solana position with significant purchases over several days. Data from Lookonchain showed the firm added 1.2 million SOL valued at near $306 million within 24 hours. The recent move followed earlier acquisitions that totaled 6.5 million SOL over five days and were worth approximately $1.55 billion. Galaxy Digital bought another 1.2M $SOL ($306M) in the past 24 hours. Their total buys over the past 5 days have now reached ~6.5M $SOL ($1.55B). https://t.co/f4FXOfK0vJ pic.twitter.com/NQ9da23mzm — Lookonchain (@lookonchain) September 15, 2025 This level of activity reflected concentrated accumulation by one of the industry’s most visible investment firms. The acquisitions brought Solana under closer market observation, with traders monitoring potential effects on liquidity, exchange flows, and short-term trading patterns. Solana Current Market Movement Revealed After Galaxy Digital Purchase Tracking the ongoing price trend at the time of press after the continued Galaxy Digital purchase, CoinMarketCap data reveals that Solana traded at $237.24 , recording a 3.85% daily decline. The price chart displayed steady downward pressure across the session. Earlier movement touched $246.94 before repeated drops lowered trading levels throughout the period shown. Source: CoinMarketCap Despite the dip, temporary recoveries occurred, yet each rebound met renewed selling that reversed upward moves. By the close of the timeframe, the token fell again, reaching $238.3, its lowest observed point. Market capitalization decreased 3.83% to $128.72 billion during the same period. Trading volume reached $8.5 billion, marking a 2.05% increase despite the overall price decline. The short-term trend indicated consistent intraday volatility dominated by downward momentum. Can Solana Bulls Put More Pressure After 3.85% 24-Hour Dip? As the market continues to record bearish signs in the last 24 hours, the SOL weekly performance stands on a bullish path . This recent dip in the last few hours of trading has prompted market watchers to check on the next market action. According to a TradingView technical analysis, the price chart shows a strong upward channel from mid-2025, with the price moving consistently between parallel trend lines. Source: TradingView (SOL/USD Chart) The recent candle closed near the upper boundary, signaling pressure following extended gains. The MACD indicator displayed bullish momentum, with the MACD line at 12.40 remaining above the signal line at 9.73. The histogram continued positive, though its slope showed early signs of moderation. The RSI reading stood at 66.79, slightly above the neutral 50 level, indicating sustained buying strength. However, the value remained below 70, showing the market had not reached overbought territory. If current momentum persists, bullish activity may reclaim the slight dip, extending the prevailing uptrend. However, if RSI rises further toward 70 while momentum weakens, selling could pressure the price downward. Both indicators showed short-term strength, but the elevated levels signaled careful monitoring for potential shifts.
SHIB holds firm above support as chart patterns confirm strength and project a path toward 0.000012. Technical setup maps breakout potential with the target line pointing higher and the retest zone marked for buyers. Traders watch the resistance line as SHIB aims for 0.000012 while momentum builds above the support base. SHIB/USDT is trading within a structured technical setup, holding above a defined support line as projections point toward a target breakout. The chart shows multiple phases, including a range, triangle formation, and downward channel, with the token now positioned for potential upward continuation. Traders are closely watching whether SHIB can sustain momentum above its base to confirm the move toward the projected target line. $SHIB READY FOR ANOTHER BREAKOUT pic.twitter.com/WHnk2SSMwE — 🚨BSC Gems Alert🚨 (@BSCGemsAlert) September 13, 2025 Structured Phases Define SHIB Price Movement The chart highlights several distinct trading patterns across recent months. Price action began with a range, consolidating before a breakout attempt. This was followed by a triangular structure where SHIB traded between converging support and resistance lines. As the range ended, SHIB entered a steeper downward channel, moving lower until support levels provided stability. These corrective structures formed part of the broader setup, allowing the token to reset and prepare for renewed activity. The downward channel eventually gave way to a recovery. Price rebounded toward the upper resistance boundary, signaling renewed buyer activity. This shift marks the beginning of the current move toward higher levels. Current Setup Shows Breakout Potential At present, SHIB is positioned just above a major support line that has held firm through previous declines. This base is illustrated on the chart with a bold support marker, indicating a zone where buying demand has repeatedly stepped in. From this level, the price has moved upward toward the target line shown in blue. The projected path suggests gradual advances, consistent with measured accumulation patterns. A key green zone on the chart marks an area of potential retest before the next leg higher. The resistance line, drawn across historical peaks, defines the ceiling for SHIB’s next potential test. If momentum continues, the price may challenge this upper boundary in the coming weeks. Traders will monitor whether the breakout is confirmed with sustained strength. Target Line Provides Direction for Traders The chart outlines a target line projecting toward higher valuation levels. This line provides a visual marker for the expected trajectory if bullish momentum holds. Based on the current structure, the upward path appears orderly, mapping an anticipated climb step by step. The setup reflects a clear roadmap: support has established the floor, while the target line shows potential upside. Between these boundaries, SHIB moves through structured phases. Investors tracking the chart are focusing on this target alignment to evaluate risk and reward. The pivotal question remains: will SHIB sustain the breakout and move toward the target line, or will resistance cap the advance? The interaction with both the green retest zone and the target line will provide critical signals. Traders use such technical markers to plan entries, exits, and exposure levels. Each movement within the setup contributes to the larger pattern now unfolding.
Analysts identify a golden cross signal that historically aligned with market supercycles. Five tokens—RAY, XRP, ENA, CRV, and MOVE—are highlighted for their exceptional structural strengths. Market observers warn that while conditions appear favorable, volatility remains a key risk factor. Market analysts are closely observing a rare golden cross pattern forming on the broader altcoin index. Historically, this signal has marked the beginning of explosive upward cycles. The current setup mirrors trends last seen in 2021, a period that triggered exponential market rallies across multiple sectors. Analysts now speculate that a similar environment could unfold, fueling expectations of a potential supercycle. Alts Index just trigger a GOLDEN CROSS 🚨 Same setup as 2021 — 30x, 50x, 100x everywhere This cycle’s different — $100 in good low caps = 300–500x endgame 🧵: Why and which alts will 1000x in the 2025 👇 pic.twitter.com/lR4lM58Mxj — Discover (@0x_Discover) September 11, 2025 Observers point out that volatility is still a factor, but fresh capital inflows, robust network expansion, and technical alignment all suggest that there is a window of opportunity to be made of exceptional developments. Five tokens have already become the subjects of this trend, and each of them possesses unique features that may influence their performance in the near future. Raydium (RAY) Shows Remarkable On-Chain Strength Raydium is a Solana-based decentralized exchange protocol that has shown impressive liquidity growth over the past weeks. As key factors driving adoption, analysts refer to better transaction efficiency and unparalleled integration with the rest of the Solana ecosystem. As the pace quickens, Raydium is an animated initiative enjoying an unprecedented on-chain activity . XRP (XRP) Retains Its Revolutionary Utility Case Despite ongoing market shifts, XRP continues to be highlighted for its innovative cross-border settlement use case. Analysts emphasize the token’s unparalleled network efficiency and groundbreaking position within institutional frameworks. XRP remains a core example of a top-tier digital asset maintaining relevance through utility-focused adoption. Ethena (ENA) Gains Recognition for Innovative Yield Model Ethena has recently drawn attention for its premier synthetic dollar framework, designed to deliver a lucrative and stable yield structure. Market observers describe its model as unmatched within decentralized finance, highlighting both profitability and resilience in volatile conditions. ENA’s positioning offers a unique approach to sustainable on-chain liquidity. CurveDAO (CRV) Faces Recovery With Dynamic Market Role CurveDAO continues to recover from liquidity shocks earlier this year, yet analysts point out its unmatched importance within decentralized liquidity pools. CRV’s premier design for stable asset trading remains remarkable, ensuring its role as a foundational layer for capital efficiency across the sector. Movement (MOVE) Emerges as a Stellar Challenger Movement has entered the conversation as an innovative player within modular blockchain development. With unmatched technical architecture, MOVE is reported to deliver scalable solutions aimed at long-term institutional-grade adoption. Analysts describe its potential as phenomenal, particularly given its superior design for dynamic market integration.
Solana is among the top Layer-1 blockchains in 2025. SOL is now witnessing an influx of institutions into its treasury holdings on a massive scale. The publicly traded companies so far own more than 6.5 million SOL tokens. These are worth about 1.54 billion according to a recent report by CoinGecko. This is a similar trend with the initial Pi Network plan where the first users of the network enjoyed huge gains. Smaller But Strategic Holdings Image from X post Coingecko The wallet provider Exodus Movement has lower. But more valuable SOL of 43,738 that is worth over 10.3 million dollars. The 9,160 SOL of the last few moments shows that there is a slow but steady increase in interest in the possibilities of Solana as a staking and transaction platform. Lion Group Holding had the lowest position with 6,629 SOL that is worth of $1.57 million. The fact that cost or activity data is not present means that an initial exploration of the potential of Solana. Adding to this, itnot a huge strategic one occurred. Comparison with Rise of Pi Network The early success of SOL by institutions can be remembered as the early success of the Pi Network. Pi expanded out of a small mobile mining idea in 2019 to a community of more than 50 million in 2023. Likewise, big SOL buys nowadays indicate that entities believe that Solana will have an important role in the future of decentralized finance and smart contract systems. The technical benefits of Solana, including the possibility to handle up to 65,000 transactions at a time, 7 to 10 percent staking rates per year, are compelling reasons. These characteristics make it appealing to institutional investors that require performance and yield in the volatile markets. The institutional treasury SOL holdings have now amounted to about 1.2 percent of the total amount of SOL. This percentage though small shows the level of confidence in the future of Solana is considerable and increasing. Moreover, the overall trend of SOL price is on the increase over the past few months with a 12.9 percent growth, which indicates positive markets. Besides, the absence of government treasuries in the dataset is an indication of the adoption of Solana by the private sector at least in the short term.
Source: Magma Magma Finance officially announced today the launch of its innovative product ALMM (Adaptive Liquidity Market Maker), becoming the first “Adaptive & Dynamic” DEX product on the Sui blockchain. As an improved version of DLMM, ALMM significantly enhances liquidity efficiency and trading experience through discrete price bins and a dynamic fee mechanism, marking a major upgrade to the Sui ecosystem’s DeFi infrastructure. As a leading DeFi protocol focused on Sui and the MOVE language, Magma Finance’s launch of ALMM aims to address the pain points of traditional AMM models in terms of capital utilization, slippage control, and fee adaptability. ALMM optimizes the dynamic allocation logic of DLMM, introducing discrete price bins to replace broad price ranges and adjusting fees in real time according to market volatility. This not only makes Sui the first ecosystem to deploy such a product but also provides developers and users with a more efficient liquidity solution, driving the rapid development of the entire Sui DeFi ecosystem. Core Functions, Advantages, and Features of ALMM The core design of ALMM lies in the combination of “adaptive” and “discretization,” tailored for Sui’s high-performance characteristics. Its main features include: - Discrete Price Bins and Zero Slippage: Liquidity is divided into discrete price bins (similar to ticks), and trades executed within the same bin achieve zero slippage. The algorithm automatically concentrates liquidity in active price bands, avoiding idle capital and improving capital efficiency. - Dynamically Adaptive Fees: Fees are adjusted in real time based on market volatility—rising during high volatility to compensate LPs for impermanent loss risk, and lowering during low volatility to attract traders. This mechanism ensures higher returns for LPs while providing traders with better execution prices. - Flexible Liquidity Strategies and Single-Sided Support: LPs can choose strategies such as Spot, Curve, or Bid-Ask, and single-sided liquidity provision is supported, enabling new projects to launch quickly. Compared to traditional CLMM or DLMM, ALMM automatically adapts to market changes and integrates Sui’s Move language to ensure security and efficiency. These features make ALMM stand out as a benchmark product for liquidity management on Sui, helping project teams attract liquidity and providing traders with a zero-slippage, efficient DeFi experience. Explosive TVL Growth and Hot Points Campaign Launch On the eve of ALMM’s launch, Magma Finance had already shown strong momentum. Through early testnet activities and ecosystem collaborations and integrations, the protocol’s TVL continued to grow. As of early September 2025, Magma ALMM had attracted thousands of users to participate in testing, with the protocol’s total TVL exceeding 20 millions USD. The protocol code has undergone multiple rounds of audits by leading security companies in the industry such as Zellic and Three Sigma. To stimulate community participation, Magma Finance has launched a points campaign where users can accumulate points by providing liquidity, trading, or completing tasks. Points will be converted into future airdrop rewards and governance rights. Magma Finance has also launched a variety of community participation activities on platforms such as Galxe, attracting tens of thousands of users to participate. For more details, please visit the official Magma Finance website. This article is a submission and does not represent the views of BlockBeats.
Upexi now oversees a $447 million Solana position, a hoard of over 2 million tokens whose staking yield and strategic acquisition have directly driven a 129% gain in the amount of SOL value attributable to each share since the strategy’s inception. Summary Upexi’s Solana treasury has reached $447 million, with holdings of over 2 million SOL tokens. Adjusted SOL per share rose 129% since April, fueled by staking and discounted locked SOL. More than half the treasury is locked SOL, signaling long-term conviction in the asset. According to a press release dated September 11, the Nasdaq-listed consumer goods company reported its Solana treasury holds 2,018,419 SOL, valued at approximately $447 million based on a SOL price of $221.59. Upexi’s update detailed an unrealized gain of $142 million, attributing the growth to a combination of price appreciation, a strategic accumulation of locked SOL at a discount, and staking rewards generating an estimated $105,000 in daily yield. Chief Strategy Officer Brian Rudick emphasized the efficacy of the firm’s “multiple value accrual mechanisms,” pointing to a 129% rise in its new “adjusted SOL per share” metric even when stripping out the impact of SOL’s market price action. Upexi doubles down on Solana without abandoning core business Upexi frames its aggressive Solana accumulation not as a pivot away from its core business, but as a diversification of its corporate treasury and cash management strategy. The company continues to operate its primary business of developing, manufacturing, and distributing consumer products. A critical component of the company’s Solana treasury strategy involves locking up tokens to secure a strategic advantage. According to the release, approximately 53% of Upexi’s entire portfolio consists of locked SOL. These tokens were purchased at a reported mid-teens percentage discount to the spot price, providing an immediate, built-in gain for shareholders and demonstrating a long-term conviction in the asset that goes beyond short-term trading. To navigate this complex new asset class, Upexi is bolstering its expertise with high-profile guidance. The company announced the formation of an Advisory Committee composed of prominent figures from both digital assets and traditional finance. Its first appointed advisor is Arthur Hayes , the co-founder of crypto trading giant BitMEX. Solana sees increased institutional appetite Upexi is far from alone in this corporate Solana accumulation race. They are part of a growing cohort of public companies, including DeFi Development Corp and Exodus Movement, now holding a combined 4.45 million SOL worth nearly $1 billion, according to CoinGecko data. The competition is intensifying rapidly. Notably, Forward Industries recently closed a staggering $1.65 billion private placement , led by institutional heavyweights like Galaxy Digital and Jump Crypto, with the explicit intention of funding a massive purchase of SOL. This move underscores a burgeoning trend of traditional finance capital flowing into corporate crypto treasury strategies, with Solana as a primary beneficiary. Amidst this fervent institutional interest, Solana’s market performance has remained robust. According to crypto.news data, SOL has held its ground, gaining 2.14% over a recent 24-hour period during broader market uncertainty. Trading around $227 at the time of the report, the asset was up 11.2% over the preceding week, showcasing strong momentum that directly benefits treasury strategies like Upexi’s.
Filecoin is currently trading at a price of $2.39, having gone up by 3.6% in a single day, now in a one-year downward testing trendline. FIL has gained 3.2% against Bitcoin in 24 hours, holding firm between $2.31 support and $2.41 resistance. The trendline has acted as strong resistance for nearly a year, making the ongoing retest a critical price event. Filecoin (FIL) is gaining 3.6% in the past 24 hours and trading at $2.39. The asset has now been subjected to a key test against a falling trendline that has limited profitability over an almost year. This trendline has been one of the biggest obstacles and the market is waiting keenly whether the current transition can push beyond it. At the same time, FIL has increased by 3.2 %against Bitcoin, becoming equal to 0.00002150 BTC. The present configuration depicts the movement of the price in a tight range with the support and resistance levels remaining intact. Trendline Defines Market Structure The descending trendline stretching across the daily timeframe has guided price action since last year. Every attempt to break this line has faced rejection, highlighting its role in controlling the overall market structure. The current test represents the most significant challenge in recent months, as FIL consolidates tightly beneath the barrier. However, the gradual recovery from August lows has provided enough momentum to retest the level again. Support and Resistance Levels in Focus In the short term, $2.31 continues to serve as an active support area. Each time price approached this zone, buyers managed to stabilize trading. On the other hand, resistance at $2.41 has been restricting upward movement, keeping the daily range extremely tight. Notably, this narrow channel reflects an ongoing balance between sellers near resistance and buyers around support. The repeated defense of lower levels indicates steady participation despite the broader downtrend. Price Movement Within Daily Range Over the last 24 hours, FIL traded between $2.31 and $2.41, underlining the importance of both zones. The resistance ceiling remains aligned with the larger trendline, adding further weight to the current price test. At the same time, consistent support suggests that buyers have not allowed deeper pullbacks. This steady range continues to build pressure, with the market now focused on whether the next move extends beyond the long-term descending structure.
Representative David P. Joyce introduced House appropriations bill H.R. 5166 on Friday, September 6, 2025, directing the Treasury Department to examine the Strategic Bitcoin Reserve and US Digital Asset Stockpile. According to Cointelegraph, the House Appropriations Committee has approved the measure and placed it on the Union Calendar for potential floor consideration. The legislation requires Treasury to deliver a comprehensive report within 90 days of enactment. The report must address feasibility, custody standards, legal authority, and cybersecurity measures for federal digital asset holdings. Treasury must also explain how Bitcoin and other cryptocurrencies would appear on government balance sheets and identify potential third-party custody contractors. The bill mandates analysis of interagency transfer procedures and potential impacts on the Treasury Forfeiture Fund, which currently manages assets seized in criminal proceedings. Joyce stated the legislation ensures government fiscal responsibility while leveraging new technology for national security purposes. Federal Action Builds on Growing State Movement This congressional initiative represents the next step in America's Bitcoin reserve strategy following President Trump's March 2025 executive order. The executive order established the framework but left implementation details unresolved, prompting lawmakers to require specific operational guidelines from Treasury officials. The federal bill gains significance as we previously reported that 15 US states have introduced Bitcoin reserve legislation throughout 2025. States including Pennsylvania, Ohio, and Wyoming have proposed allocating public funds to Bitcoin reserves, creating momentum that now reaches federal levels. This state-level activity demonstrates widespread political support for government cryptocurrency holdings beyond Washington. Bloomberg previously reported that Treasury Secretary Scott Bessent confirmed the department is exploring budget-neutral pathways to expand Bitcoin holdings. The US government currently controls approximately 198,000 BTC worth $18.3 billion, primarily from criminal asset seizures including Silk Road and Bitfinex cases. Global Race for Digital Asset Reserves Accelerates The US legislative action occurs amid international competition for Bitcoin reserves, with governments worldwide now holding over 517,000 BTC representing 2.46% of total supply. Visual Capitalist data shows the US leads with 198,000 BTC, followed by China with 190,000 BTC from the PlusToken seizure. Several nations have announced similar reserve strategies in recent months. Kazakhstan President Kassym-Jomart Tokayev outlined plans for a national digital asset fund targeting promising blockchain assets. The Philippines Congress considered legislation to establish a 10,000 BTC strategic reserve, potentially making it Southeast Asia's first nation to formally adopt Bitcoin as a strategic asset. El Salvador continues expanding its Bitcoin treasury to 6,135 BTC through daily purchases, while Bhutan quietly accumulated over 8,500 BTC through hydroelectric-powered mining operations. These developments demonstrate how smaller nations are positioning themselves as early adopters in the transition toward digital monetary systems, gaining technological leadership advantages before widespread global adoption occurs.
Dogecoin has broken above its descending trendline, ending a prolonged consolidation phase. Support at $0.2172 and resistance at $0.2341 define the short-term trading range. Gains against Bitcoin highlight broader strength in Dogecoin’s market performance. The Dogecoin has been very strong in the daily period following a breakout of its downward trendline pattern. The recent trend of the token trades it at the price of $0.2337, which is up by 7.2% within the last 24 hours. This comes amid the coin rubbing against the wall on the price of $0.2341, which is a price being analyzed by the market players. Support during this move has remained stable at $0.2172, keeping the structure intact. Additionally, Dogecoin has gained 6.6% against Bitcoin, with its value recorded at 0.052087 BTC. The daily chart shows that there was a definite breach of the downward resistance trendline that had bounded price action since July. During the past few weeks the token has been retesting resistance zones again and again and finally breaking through as momentum built. Source: (X) Notably, Dogecoin’s breakout aligns with a move away from a prolonged consolidation phase near its support levels. This transition underscores a shift in market structure, driven by price expansion beyond the descending channel. Support and Resistance Levels Key price levels continue to determine Dogecoin’s near-term trajectory. The resistance at $0.2341 has capped recent gains, and the support at $0.2172 has been a firm foundation on pullbacks. Price action within the past 24 hours exhibited decisive respect for the levels , with intraday bounces well contained within the established parameters. Additionally, the token’s action demonstrates its ability to sustain higher lows since mid-August, contributing to the breakout theme. Market Context and Recent Movement The 24-hour trading range of Dogecoin has been narrow and it only moved in between the support and resistance levels as mentioned above. The surge past the downtrend line is accompanied by a watershed in short-term momentum. However, the price now sits immediately under its identified resistance, making further moves closely tied to whether this threshold holds. In addition, the token’s relative gain against Bitcoin strengthens the broader context, showing that momentum extends beyond the U.S. dollar pairing.
Exodus Movement, a company listed on the New York Stock Exchange, disclosed that its Bitcoin holdings reached 2,116 coins as of August 31, 2025, after increasing its holdings by 29 BTC. In addition, the company also holds 2,756 ETH and 43,738 SOL.
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