The cryptocurrency market took another step back today (September 2) as the USA and Iran exchanged more strikes in the Middle East.

Despite that, certain digital assets like Filecoin (FIL) remain in green territory and even posted double-digit increases on a daily scale. Here’s what may come next for the token.

How Much More?

FIL outperformed all top 100 cryptocurrencies today after jumping by 15% and briefly surpassing $0.80. As of this writing, it trades at around $0.77 (per CoinGecko), representing a 25% increase over the past two weeks.

It remains unclear exactly what triggered the resurgence, but according to numerous market observers, the upward move may not be over yet. X user Crypto GVR recently claimed that FIL is moving toward a zone that could be important for “the next major trend shift.”

The analyst said they are paying close attention to the $0.50-$0.70 zone as “the potential reversal area,” arguing that a strong recovery and strengthening momentum could open the door to a further push toward $2 in the long term.

The Boss also chipped in. The analyst opined that FIL is nearing a major technical decision as its descending wedge has compressed further and price is now much closer to the apex.

“The lower boundary has continued to act as support, while the upper trendline keeps pressure on the recovery. What has changed is the degree of compression. Price is spending more time near the lower part of the structure instead of expanding lower, making the wedge increasingly important,” they added.

The X user claimed that a breakout from the upper boundary would be the “first meaningful structural confirmation,” but until then “the descending wedge remains intact.”

JAVON MARKS was much more bullish. The analyst believes that if FIL continues to hold the key breakout, “sights remain on a major reversal & run,” especially given the improved condition of the crypto market lately. The X user envisioned a 1,200% jump to $2.94, followed by an explosion to $7.50 and $11.40.

“We could be right at the start of this process, right now,” they concluded.

Pullback Ahead?

It is important to note that some market participants used the recent price uptrend to lock in profits. Crypto trader Mehmet GIZIK revealed that he closed his FIL position, resulting in a $10,200 gain.

His decision isn’t illogical, given the asset’s Relative Strength Index (RSI), which briefly rose above 80 and now stands beyond 70. Such readings mean the asset has entered overbought territory and could be due for a correction. On the other hand, anything below 30 is typically viewed as a buying opportunity.

Separately, if you want to know about the market state, the recent Iran-US tension, and other hot crypto news, please check our video below.

The post Filecoin (FIL) Jumps 15% Daily: Here Are the Next Bullish Targets appeared first on CryptoPotato.

Source link

Source link

Bitcoin has all the factors in place to a seven-figure price over the next four years, according to BitMEX co-founder Arthur Hayes.

But he’s buying ETH right now, because he believes it could easily do a “3x to 5x pretty quickly.”

On the latest episode of Trade Secrets, Hayes says the collapse of the AI bubble, “massive” money printing, and potential US yield curve control are among some of the reasons why Bitcoin could go to $1 million by 2030

“We have the ingredients. The time is now. So I think the $58,000 was probably the bottom in Bitcoin, and now it’s going to grind higher in this hate fuck rally,” the 41-year-old billionaire says.

Advertisement

Hayes’ prediction comes just a couple of weeks after 10x Research head of research Markus Thielen told Trade Secrets that reaching that figure by 2030 was “mathematically impossible.” He argued that the amount of capital inflows Bitcoin saw over the past 15 years that pushed it to the current price suggest it has little chance of attracting the trillions in inflows over the next four years required to reach $1 million.

Arthur Hayes loses interest in Hyperliquid

While Hayes is still bullish on Bitcoin, he is less optimistic than he once was about Hyperliquid’s future upside d.

Bitcoin is up 22.15% over the past 30 days. (CoinMarketCap)

“I don’t think there’s that type of asymmetry in the price right now. Everybody knows that Hyperliquid is here,” he says. “It’s not an it’s not this like unknown thing that’s outperforming expectations, right? […] There are massive expectations now on Hyperliquid.”

“That doesn’t necessarily mean it’s not going to go up in price, but I think there’s better risk-reward at least for the capital at Maelstrom to deploy into the shitcoin space than Hype,” he says.

Advertisement

The comments come shortly after US President Donald Trump said the US is working to bring Hyperliquid into the country. However, Hayes, who was pardoned by Trump in 2024, now says the president has little influence over crypto asset prices.

“It’s irrelevant. What Trump says or does is irrelevant. Look at what Bessant does. Read the Treasury, read the Fed, read the monetary authorities. Like Trump is just a very entertaining politician, but he has no effect on the price of Bitcoin,” Hayes says.

Hayes also questioned whether Trump would be willing to spend the political capital required to push through crypto legislation such as the CLARITY Act, particularly when other issues matter more to the average voter. He suggested that the “median under-sighted voter” does not care about the legislation.

Hayes ‘feels excellent’ about BitMEX shutdown

Hayes began his career as an equity derivatives trader at Deutsche Bank and Citibank in Hong Kong after graduating from the University of Pennsylvania in 2008. 

Advertisement

Hayes co-founded the pioneering crypto derivatives exchange BitMEX in 2014 alongside Ben Dolo and Samuel Reed. The exchange recently announced it would be shutting down on Sept. 23 and urged users to close positions and withdraw funds before the deadline.

Hayes says it “feels excellent” that the exchange is shutting down on its own terms.

“We shut it down because we wanted to shut it down, not because we got hacked,” he says, adding that it is the “best way” to go.

“We landed the plane on our own terms,” he adds. 

Advertisement

Hayes says that competition is now so fierce that running a crypto exchange now is “really a mug’s game” unless you have the scale of a major player like Binance or OKX.

“There’s no point in even playing because it’s just so expensive to secure it, so expensive to run the tech in the data centers, like it doesn’t make any sense as a business,” Hayes says.

Hayes’s number one pick is Ethereum

Hayes says that his “number one pick” at the moment is Ethereum. “I think that is a better risk-reward for a spare unit of fiat that’s gonna be deployed into crypto than Hyperliquid,” he says. 

“That doesn’t necessarily mean that Hyperliquid won’t rise in price. I just don’t think it’s poised for a 5x, and like where I think Ethereum could do, you know, 3x to 5x pretty quickly,” he says.

Advertisement

“Everybody hates it. It’s the one megacap crypto that has not eclipsed its 2021 all-time high.”

Hayes points out that it is the base layer for DeFi and, while “hated” for many reasons, is long overdue for a surge. “I think now it’s time to perform because it’s been so beaten down and so forgotten. And we saw it rip 20% when Bitcoin ripped,” he says.

Cointelegraph publishes long-form journalism, analysis and narrative reporting produced by Cointelegraph’s in-house editorial team with subject-matter expertise. All articles are edited and reviewed by Cointelegraph editors in line with our editorial standards. Some articles contain affiliate links, from which Cointelegraph may earn a commission. These relationships do not influence which products we review or our editorial conclusions. Content published in here does not constitute financial, legal or investment advice. Readers should conduct their own research and consult qualified professionals where appropriate. Cointelegraph maintains full editorial independence.

Source link

Buying a joke coin on Robinhood Wallet now looks a lot like buying a movie. Reported test purchases through payments firm Crossmint posted on Visa and Mastercard as digital media, not as crypto.

One code decides who earns credit card rewards. Chase says the wrong one was used, and it has taken the case to Visa.

Why the Robinhood Memecoin Code Matters

Visa’s rulebook is such that crypto buys must use merchant category code (MCC) 6012 or 6051. They must also carry a quasi-cash flag, which strips most reward points.

Reported tests of dogwifhat (WIF) buys came back as 5815 instead. That code covers books, films and music sold online. Points and cashback posted as normal.

Chase’s own rewards agreement rules out cash-like spending and names cryptocurrency. The bank said the points should never have landed.

Crossmint answers with securities law, not card law. Its help pages limit the product to memecoins it treats as collectibles born from internet memes. Stablecoins and payment tokens stay barred.

That defense has real backing. Securities and Exchange Commission (SEC) staff called meme coins akin to collectibles in 2025. A March interpretive release then named WIF as an example, next to CryptoPunks. Visa’s manual grants no such exception.

Cutting friction is the entire pitch.

“Apple Pay is something that every iOS user uses in their everyday lives. The experience of buying a memecoin is no different from purchasing your morning coffee” said fomo CEO Se Yong Park.

New York Attorney General Letitia James is reviewing the setup. Her office knows payment rails. It took $45 million from Block in July over Cash App fraud controls. In April it sued Coinbase and Gemini over prediction markets.

WIF traded near $0.19 on Wednesday, down 2% in a day, worth about $197 million in total. Dogwifhat price levels barely moved on the dispute.

The $20 Million Loss That Was Not

A viral post claimed one wallet fat fingered $20 million into Artificial Inu (AI) and lost $19.8 million in seconds. The token is a Robinhood Chain meme coin paired against tokenized NVDA.

That figure came from a price tracker, not the chain. The tracker read one hop of a multi-pool route as a finished trade. Traders who rebuilt the route put the real spend near $650,000, a trace BeInCrypto could not independently confirm.

Robinhood’s tokenized stocks and meme coins push sits under both stories. Easy checkout produced one. Thin liquidity produced the other.

Visa can recode the merchant, warn it, fine it or claw back fees. Each of those endings kills the rewards.

The post Robinhood Memecoin Buys Coded as Digital Media: Will Visa Force a Change? appeared first on BeInCrypto.

Source link

Officials in the G20, under the US’ presidency, recognized that digital assets could support “broad-based economic growth” and called for improvements in cross-border transactions.

Source link

Source link

In this week’s Crypto Long & Short, Varun Datta of Truth Ventures writes that crypto venture capital’s retreat to later-stage deals is a consensus trade dressed as discipline. With proven companies taking 57% of last quarter’s capital, he argues the founding-stage gap is where the returns are, and lays out three things to look for.

Source link

Japanese firm Remixpoint sold its entire altcoin portfolio in a single session on September 1, pocketing a ¥117.77 million ($598,400) profit while consolidating its crypto treasury exclusively into Bitcoin.

The move marks a sharp reversal from a diversification bet the company made just months earlier.

From Altcoin Diversification to a Bitcoin-Only Standard

Back in June, Remixpoint pursued a different strategy entirely. Seeking to protect capital from a weakening yen, the company built a position of roughly 1.2 million XRP tokens while also adding Solana and Dogecoin to its balance sheet.

Internal financial models at the time projected that revenue from that crypto segment would reach up to ¥12.44 billion ($63.21 million). Management’s thinking shifted over the summer, however, after assessing the market risks and volatility tied to holding multiple altcoins.

Leadership settled on what the company called a selection-and-concentration strategy. On September 1, Remixpoint liquidated all its altcoin positions in a single trading day.

Follow us on X to get the latest news as it happens.

The total transaction value reached ¥878.81 million ($4.47 million), against a book value of ¥761.04 million ($3.87 million) at the start of the period, producing that net profit. Results varied sharply by asset.

Ethereum delivered the largest gain at ¥60.20 million ($305,900), followed by Solana at ¥49.30 million ($250,500), with both tokens also generating ¥29.87 million ($151,800) combined in staking rewards. XRP contributed a smaller ¥11.52 million ($58,500) profit, while Dogecoin posted the only loss, at ¥3.25 million ($16,500).

Remixpoint plans to direct the realized profit toward its core energy business, expanding its fleet of industrial battery storage systems and strengthening its overall financial position.

Why Bitcoin Won Out Over the Rest

Remixpoint’s crypto holdings now consist exclusively of approximately 1,506 BTC. Company leadership framed the decision as pragmatic rather than ideological, pointing to Bitcoin’s ability to generate stable passive income through lending.

Between February and August 2026, the firm’s Bitcoin lending program accumulated 14.92 BTC in interest, generating ¥164.21 million ($834,300) without requiring any sale of the underlying asset.

That yield advantage helped tip the balance away from altcoins, which offered price exposure but little in the way of an equivalent income mechanism. The company’s brief diversification experiment has effectively ended, with its capital now consolidated around a single asset.

Remixpoint’s pivot reflects a broader pattern among Japanese corporate treasuries navigating currency weakness and seeking yield, though few have reversed course this decisively in such a short window.

Subscribe to our YouTube channel to watch leaders and journalists provide expert insights.

The post Japan's Remixpoint Dumps XRP, ETH, SOL and DOGE to Go All-In on Bitcoin appeared first on BeInCrypto.

Source link

The wallet makes USDT and TON spendable through familiar bank QR codes. The shortcut is genuinely useful, but users give up self-custody and accept opaque third-party settlement.

At a café in Bangkok or Hanoi, the merchant sees a familiar local bank QR code. The customer sees a crypto balance. Antarctic Wallet is built to make both sides of that checkout work without asking the merchant to learn anything about USDT, TON, wallets, or blockchains.

That is the product’s sharpest idea. The merchant still receives fiat through the payment rail it already uses. The customer scans the code, approves an amount, and the equivalent crypto leaves an Antarctic balance. The complexity moves out of the checkout and into the settlement layer.

The convenience is real. So is the trade-off. 

Antarctic is not a self-custody wallet, the merchant is not receiving crypto, and a payment can depend on the wallet, an unnamed service provider, a local payment system, and the underlying blockchain all working at once. 

Is Antarctic Wallet Any Different?

Antarctic describes the service as a direct crypto payment. There are no P2P transfers, and only direct QR payments. After a user scans a QR code, a request goes to a verified counterparty, that counterparty pays the fiat invoice, and Antarctic deducts crypto from the user.

The company calls this P2C and defines service providers as third parties that make fiat payments to sellers in exchange for a user’s digital currency. For a virtual card, a partner bank issues the card and the merchant again receives fiat. 

Antarctic provides the interface and technical connection; it does not issue the card.

This structure is why Antarctic can work with QR systems that were never designed for crypto. The customer gets a familiar checkout while the merchant continues to receive fiat through its normal payment rail.

Why the Model Fits its First Markets

Antarctic says the service is available across a CIS grouping, Vietnam, and Thailand, with 12 more markets planned. The choice of Southeast Asia is logical because users and merchants are already trained to scan. Bank of Thailand data recorded 2.53 billion PromptPay transactions worth THB 4.66 trillion in May 2026. 

In Vietnam, official figures show QR transaction volume rose 61.63% and value 150.67% in the first nine months of 2025.

Crypto adoption is also unusually high. Chainalysis ranked Vietnam fourth and Thailand seventeenth in its 2025 Global Crypto Adoption Index. 

Vietnam’s regulatory direction is tightening, though: Reuters reported in March 2026 that authorities were preparing locally licensed exchanges and rules that would prohibit nationals from trading on overseas platforms. Digital assets are not recognized as money or legal tender there.

Features, Access, and What can be Verified

The wallet supports USDT and TON over TON and TRC20, with access through the web, mobile apps, and a Telegram Mini App. Its wider menu includes card top-ups and withdrawals, virtual cards, AliPay, Steam and mobile top-ups, mass transfers, AML checks, and a referral program.

There are positive controls on paper. Antarctic requires KYC, names Sumsub as its verification provider, screens deposits and withdrawals under its AML policy, and offers passcode and two-factor protections. 

The company also holds an active Kyrgyz virtual-asset exchange operator license—number 167, form VA 0188—issued in May 2025 for the territory of the Kyrgyz Republic.

There are visible signs of usage. Google Play showed more than 50,000 downloads at review time. Telegram displayed roughly 148,000 monthly users. The Apple App Store showed a 4.6 rating, but from only 10 ratings. 

BeInCrypto confirmed that the public web onboarding loaded and offered email and Telegram sign-in. It did not complete account creation, KYC, or a funded payment. 

The five-second figure, live exchange rate, checkout fee, and end-to-end settlement therefore remain company-reported rather than independently reproduced in this review.

Custody is the Biggest Trade-Off

Antarctic’s company page says users control their assets and that the company has no access to their funds. The terms say the opposite in an operational sense. They describe an omnibus wallet controlled by Antarctic and state that the company manages and retains control of private keys to transact on a user’s instructions.

For risk assessment, the terms should prevail. Users own a contractual balance, but Antarctic controls the keys and can suspend access, freeze assets, reject deposits, or request enhanced due diligence. 

A Telegram-only account carries an additional warning: the terms say deleting the linked Telegram account can cause irreversible loss of access if no email was attached.

Who the Antarctic Wallet is Best For — and Who It Is Not

The Verdict: Useful Spending Wallet, Lacks Maturity

Antarctic Wallet addresses a real gap. Many crypto users can hold USDT more easily than they can spend it, while merchants have little reason to add a crypto checkout. Antarctic connects those worlds through payment behavior that already exists. That is a more practical proposition than asking every café, shop, or online seller to adopt a new rail.

For small, routine purchases in a supported market, the convenience may justify the KYC, custody, and partner risk. The interface is accessible across web, mobile, and Telegram; the asset and network choices are focused; and the official Kyrgyz license is verifiable.

The wallet is harder to recommend for savings, large balances, or users who expect self-custody. 

Antarctic needs to reconcile its custody language, name or clearly classify settlement and card partners, publish a fee schedule and service-level data, align its privacy labels, and release a credible security audit. It should also distinguish a Kyrgyz VASP license from authorization or partnership arrangements in each market where it operates.

Antarctic Wallet FAQ

Is Antarctic Wallet self-custodial?

No. Antarctic’s terms define custodial wallet services and say the company controls the private keys and omnibus wallet infrastructure. Users instruct transactions but do not hold the keys themselves.

Which assets and networks does Antarctic Wallet support?

The public FAQ lists USDT and TON, using the TON and TRC20 networks. Supported assets, limits, and services can vary by jurisdiction, so users should confirm the current in-app route before sending funds.

How fast are Antarctic QR payments?

Antarctic advertises a five-second average, while its FAQ says a payment takes about eight seconds. BeInCrypto did not execute a funded payment, and the company has not published an independently audited latency or success-rate report.

Is Antarctic Wallet licensed?

Yes, Antarctic Wallet LLC holds an active license as a virtual-asset exchange operator in the Kyrgyz Republic. The official registry limits the license territory to Kyrgyzstan. That should not be read as proof of local authorization in every market the product serves; availability and legal treatment depend on local rules and partner arrangements.

The post Antarctic Wallet Review: Fast QR Payments, Custody Trade-Offs appeared first on BeInCrypto.

Source link

Copyright ©2026 Investor’s Business Daily, LLC. All rights reserved. 87990cbe856818d5eddac44c7b1cdeb8

Source link