Connect with us

Crypto World

$570 million in bullish crypto plays liquidated; BTC, ETH hit hardest

Published

on

BTC's next big move hinges on oil, and right now it's a total coin flip

Crypto traders holding long, or bullish, futures bets have taken a sharp hit over the past 24 hours after the Clarity Act failed a Senate procedural vote.

Exchanges liquidated about $571 million in long positions in that window, the highest tally since Aug. 22, according to CoinGlass. Shorts, or bearish bets, accounted for only about $100 million of the wipeout.

Bitcoin and ether longs absorbed the heaviest damage, with roughly $190 million liquidated in each. Analysts had flagged ether and DeFi tokens as the assets most likely to outperform bitcoin if the Senate voted yes. XRP longs lost about $30 million, while Solana longs lost about $22 million.

The data shows markets were positioned for continued upside, largely on hopes the Clarity Act would advance. Those hopes strengthened earlier this week after reports that President Donald Trump was willing to make concessions on the bill’s ethics provisions. The market responded: bitcoin, the largest cryptocurrency by market value, rose to nearly $80,000 from about $77,000 on Monday.

Advertisement

Source link

Continue Reading
Click to comment

You must be logged in to post a comment Login

Leave a Reply

Crypto World

China’s AI leaders keep quiet despite U.S. ‘publicity’ on tech risks

Published

on

China's AI leaders keep quiet despite U.S. 'publicity' on tech risks

Humanoid robots compete in the 100-meter race during the 2nd World Humanoid Robot Games at the National Speed Skating Oval in Beijing on August 25, 2026.

Wang Zhao | Afp | Getty Images

BEIJING — While frontier U.S. labs have sounded the alarm on artificial intelligence in recent high-profile speeches, Chinese companies have largely kept quiet.

Z.ai, Moonshot, MiniMax, Alibaba and Tencent have not made similar comments, and did not provide any statements when contacted by CNBC about the warnings from Silicon Valley.

Advertisement

It’s important to be prudent about AI, but the publicity is “a little bit oversold,” said Ray Von, founder, CEO and chairman of Tencent-backed OpenPie, a startup building devices for companies to use AI securely on internal data.

“That’s why in China, we don’t pay too much attention to that, because that’s not the first time [the U.S. execs] say these things,” he said in a phone interview Tuesday. “They should just do it.”

OpenAI’s Sam Altman, Elon Musk and Anthropic’s Dario Amodei called for a slowdown in AI development over the weekend due to uncontrollable risks. Despite the rare display of industry unity, Nvidia’s Jensen Huang pushed back by saying speed and safety can happen together, and said developers should act responsibly.

Amodei, in his latest essay, urged U.S. companies to still maintain a lead over China, echoing a paper his company published in May.

Advertisement

China’s foreign ministry on Monday called the U.S. executives’ comments “fear-mongering.” English-language state media op-eds used “Cold War playbook” and “Dr. Frankenstein” to describe the AI warnings.

“Once Chinese companies have created superior AI, we see U.S. companies issuing AI warnings. I don’t think this is a coincidence,” Renjie Guo, founder and CEO of JoyIn, said in Chinese translated by CNBC.

From a philosophical perspective, he expects AI is only as dangerous as its developers. Just like humans, AI will also conclude that “truth, goodness and beauty” are the best approach, he said.

Control from the start

Beijing meanwhile kicked off its own annual cybersecurity week, with the release late on Monday of the third edition of an “AI Safety Governance Framework.” The bilingual document laid out guidelines for labeling AI content and developing systems for rapid AI risk detection.

Advertisement

“I think as China, we are trying AI governance. AI regulation is important. But … in terms of the AI labs, people are talking less about AI safety,” said Alex Lu, founder of LSY Consulting. He described Anthropic’s comments in particular as “marketing communication” meant to support a view that “the only company that can make AI safe[ly] is Anthropic.”

U.S. and Chinese companies have also taken different approaches to AI.

Chinese companies have focused on AI commercialization in the face of U.S. restrictions on access to advanced semiconductors. U.S. companies have meanwhile rushed to develop AGI, or AI with super-human intelligence, and only this year faced more scrutiny from Washington.

Beijing’s efforts to control the tech started far earlier.

Advertisement

For months after OpenAI released ChatGPT, Chinese alternatives were kept from the public until Beijing gave them the green light in the summer of 2023.

By early 2026, Chinese AI chatbots were fighting for users with massive promotions around the Lunar New Year holiday. Several of the models vied with Anthropic’s Claude and OpenAI’s ChatGPT for performance, often at far lower usage costs. The cheaper, open-source Chinese models have gained many users in the U.S. and other countries as a result.

But one thing hadn’t changed: the AI’s silence on topics Beijing deems sensitive.

Ask DeepSeek about what happened on June 4, 1989 — the day of the Tiananmen Square crackdown in Beijing where hundreds or possibly thousands were killed — and it says “I’m not able to help with that.” However, it can explain that Sept. 11, 2001, “was the day of coordinated terrorist attacks in the United States… [that] killed nearly 3,000 people.”

Advertisement

China’s cybersecurity regulator has rolled out processes for approving new generative AI services, especially those likely to influence public opinion. The agency publishes lists of registered models.

Integrating AI across industries is also a significant part of the Chinese government’s plans for economic development over the next five years.

Chinese companies’ development of open-source AI in particular has added support to Beijing’s international cooperation programs, such as the Global AI Governance Initiative and the World Artificial Intelligence Cooperation Organization.

“We should strengthen risk-awareness and ensure that AI is secure and controllable,” Chinese President Xi Jinping said in July at the launch of the world AI organization. Over the weekend, at the BRICS summit in India, Xi added that China would foster AI and tech cooperation among the bloc economies.

Advertisement

Focus on real-world application

Companies in China frequently emphasize the importance of AI’s ability to generate revenue, rather than just rising in intelligence rankings.

“We are not looking for the most [impressive] AI models, but trying to unlock AI potential. You will see a lot of regulations around how AI should be applied,” Lu said, pointing to China’s rules on data security and labeling of AI-generated videos.

The bigger challenge, he said, is addressing the AI models’ penchant for making things up via hallucination. A better AI model helps, but it’s not the most cost-effective way, he said, noting a key approach uses less complex methods known as harness technology and reinforcement learning.

That means many Chinese companies may not need to use cutting-edge AI models.

Advertisement

OpenPie’s Ray Von said his startup is mostly using older models, if not smaller versions, of Alibaba’s Qwen and DeepSeek.

“The vast majority of enterprise,” he said, “they see a lot of productivity increases but they haven’t seen anything generate profits or reduce cost immediately.”

“Right now, the publicity is diverting a lot of attention,” he said. “The application side, the enterprise side, hasn’t seen a lot of result yet.”

Source link

Advertisement
Continue Reading

Crypto World

Raoul Pal Says Bitcoin Beats Gold as the Real Debasement Hedge

Published

on

Gold and Bitcoin Are Hedges, But Why Is a Stablecoin Company Buying Farmland?

Real Vision co-founder Raoul Pal says Bitcoin (BTC), not gold, is the better long-term hedge against currency debasement, arguing the asset’s earlier adoption stage gives it more room to grow than the metal.

Pal made the comparison during a September interview on the Wolf Financial Show. There, he laid out his broader framework for how debasement quietly erodes savings and wages.

Debasement Erodes Savings Every Year

Debasement, Pal says, is the dominant force behind rising asset prices over time. He ties it directly to liquidity cycles that central banks and governments largely control.

He describes debasement as the steady loss of a currency’s purchasing power as central banks expand the money supply.

Advertisement

He estimates this process reduces the value of fiat currencies globally by roughly 8% annually. Wages, he adds, typically track economic growth of around 3%.

That gap, Pal argues, explains why homes and other scarce assets have grown harder to afford for average earners. Bitcoin recently traded near $75,900, according to BeInCrypto data, down about 2% over the past day.

Why Bitcoin Beats Gold, According to Pal

Pal frames gold as base money with no ability to compound in value beyond what the broader economy already reflects. Bitcoin, he says, functions as digital gold with the same scarcity but a much earlier adoption curve.

Pal summarized the idea in one line.

Advertisement

“[T]he digital gold is Bitcoin, but Bitcoin’s earlier in its adoption.”

He made the remark during the interview.

Pal argues that only two asset classes have consistently outpaced the debasement rate. Those are crypto and technology stocks, tracked through the Nasdaq.

He pointed to the Nasdaq’s roughly 19% annual return over 15 years. Crypto, he estimates, has compounded between 45% and 110% annually.

Gold, real estate, and other traditional assets, he said, tend to only track the debasement rate rather than beat it. Pal’s comments echo a wider narrative among macro investors. They increasingly link Bitcoin’s price moves to gold as the debasement trade gains traction.

Advertisement

Whether Bitcoin can sustain that adoption curve remains an open question. Gold’s renewed strength may shape how investors weigh the two assets through 2026.

The post Raoul Pal Says Bitcoin Beats Gold as the Real Debasement Hedge appeared first on BeInCrypto.

Source link

Advertisement
Continue Reading

Crypto World

Luana Lopes Lara Is on the Frontlines of Evolving Prediction Markets

Published

on

Luana Lopes Lara Is on the Frontlines of Evolving Prediction Markets
—Alexey Yurenev—Bloomberg/Getty Images

Source link

Continue Reading

Crypto World

Ethereum Price Prediction: Today’s Clarity Act Could Send ETH Above $3,000

Published

on

eth logo

Ethereum price trades at $2,470 today, down 1.8% on the day, as the Clarity Act prediction odds fall to under 20% this week. That vote could be the catalyst that decides whether ETH reclaims $2,550 or slides back toward $2,180. There’s a third scenario nobody’s pricing in yet.

Ted Pillows notes that Ethereum has failed to secure a weekly close above $2,550, with his chart placing ETH near $2,522 against resistance at $2,546.78. Price still holds above the 50-week EMA at $2,386.63. Michaël van de Poppe’s hourly chart shows ETH rebounding from $2,448 support, while Daan Crypto Trades cautions the Clarity Act vote is only an initial legislative stage, not a done deal.

But Ethereum has gained 33.4% over 30 days despite a 46.3% annual decline, a divergence that tells its own story about cycle timing. The market is watching CPI data and Clarity Act headlines simultaneously, and Bitcoin’s price action is reacting to the same regulatory calculus.

Advertisement

Earn $50 and Enter $300K Prize Draw on EdgeX

Ethereum Price Prediction: Can ETH Hit $3,000 This Week?

ETH sits at $2,474, down almost 2% intraday, after printing an intraday low near $2,465 and a recovery high around $2,600. The pullback to $2,516 before easing further shows sellers are still active at resistance. Price remains above the 50-week SMA near $2,470.83, though barely, a razor-thin cushion.

The bull case happens when the Clarity Act passage triggers a reclaim of $2,550, exposing $2,800 resistance and putting the $3,000 target in play, per Pillows’ framework. The base case is a continued chop between $2,386 and $2,550 while the market digests legislative headlines in stages.

Advertisement
Ethereum (ETH)
24h7d30d1yAll time

But one scenario that holders would rather not see? A renewed rejection that could send ETH toward $2,180, with deeper support near $1,965 and $1,713 if that level fails.

A weekly close above $2,546.78 would strengthen the bullish thesis considerably. For a different structural driver behind the same $3,000 target, this supply-side analysis is worth a look. For background on what’s actually in the bill, the Clarity Act draft details matter more than most traders assume.

Trade Ethereum on Bybit and Get a Chance to Win Our $1,000 USDT Airdrop

LiquidChain Targets Early Mover Upside as Ethereum Tests Key Levels

Advertisement

Holding ETH through this chop validates the long-term thesis, but let’s be honest, a move from $2,474 to $3,000 is just 21% upside on a $300B-plus asset. Solid, not spectacular. Capital chasing outsized returns is increasingly rotating toward earlier-stage infrastructure plays that sit beneath assets like ETH, BTC, and SOL rather than competing with them.

LiquidChain ($LIQUID) is a Layer 3 infrastructure project fusing Bitcoin, Ethereum, and Solana liquidity into a single execution environment. Its Unified Liquidity Layer and Single-Step Execution let developers deploy once and access all three ecosystems, backed by Verifiable Settlement.

The presale sits at $0.014955 per token with more than $960K raised so far.

Advertisement

Research LiquidChain directly before the presale closes.

Discover: The Best Token Presales

The post Ethereum Price Prediction: Today’s Clarity Act Could Send ETH Above $3,000 appeared first on Cryptonews.

Advertisement

Source link

Continue Reading

Crypto World

Mark Zuckerberg Joins the AI Doomsday Talk. What is He Saying?

Published

on

What Is Meta’s AI Muse Spark and Can It Overthrow Claude and ChatGPT?

Mark Zuckerberg stepped into the artificial intelligence (AI) extinction debate this week. He argued that market pressure already pushes AI labs to prioritize safety without new mandates.

The Meta (META) chief executive posted the remarks weeks after warning about superintelligence. He said the technology should empower individual users, not a handful of firms.

A Debate Zuckerberg Didn’t Start

In that August essay, he argued no single company or government should control superintelligent systems, favoring broad distribution instead.

The post arrived as Washington grapples with warnings from inside the AI industry itself. Anthropic researcher Jacob Coxon resigned this month, accusing his employer and OpenAI of rushing self-improving systems without adequate safeguards.

Coxon’s exit fueled a push to ban superintelligence outright. Senator Bernie Sanders and Representative Greg Casar lead that effort in Congress.

OpenAI safety researcher Marcus Williams separately put human extinction odds at 70% within three years. He added that the odds could fall if labs slow down or regulators intervene.

What Zuckerberg Actually Said

Zuckerberg argued that alignment, not restriction, will separate durable AI agents from failed ones. He said trust is becoming the industry’s most valuable feature.

Advertisement

People won’t want to use agents that are misaligned with them and that don’t do what they ask, so labs have a strong natural incentive to make their models more aligned.

Mark Zuckerberg made the remarks in a post on X.

He also pointed to Meta’s own record on safety. Meta delayed its Muse personal assistant from an initial April release date to address security concerns. Zuckerberg said Meta acted on its own, without waiting for industry-wide rules.

He also said Meta Superintelligence Labs (MSL) already uses independent evaluators to review its work. He argued rival labs could adopt similar outside review.

The Meta founder added that directing most compute to serving people, not self-improvement, keeps development safe.

Advertisement

Zuckerberg’s argument leaves the core disagreement unresolved. Critics want enforceable limits on self-improving AI, while Meta is betting on competition and self-interest.

Whether that balance holds may shape how Congress treats Zuckerberg’s push for speed on AI releases in the months ahead.

The post Mark Zuckerberg Joins the AI Doomsday Talk. What is He Saying? appeared first on BeInCrypto.

Source link

Advertisement
Continue Reading

Crypto World

Arbitrum price jumps 8.8% as $0.155 test looms

Published

on

Arbitrum 4-hour chart shows ARB rebounding 5.9% to test the upper Bollinger Band at $0.1454 as CMF rises to 0.19.

Arbitrum price rose nearly 9% on Sep. 15 as a bullish Standard Chartered forecast lifted interest in ARB, while the charts showed the token testing a dense resistance and liquidation zone near $0.155.

Summary

  • Arbitrum price climbed 8.75% on the daily chart to approximately $0.145.
  • Standard Chartered reportedly expects ARB to reach $10 by the end of 2030.
  • Daily RSI recovered to 58.82, but MACD showed that broader momentum remained mixed.
  • Liquidation data placed the largest nearby liquidity cluster between $0.154 and $0.156.

Arbitrum price rebounds toward $0.15

Standard Chartered initiated coverage of Arbitrum with a $10 price target for the end of 2030, according to a report based on comments from digital assets research head Geoff Kendrick. The forecast helped ARB recover from the support area it had tested after an earlier September rally.

Arbitrum (ARB) price traded near $0.1454 at the time of writing, up 8.75% for the daily session. The token opened at $0.1337, fell to $0.1314, and reached an intraday high of $0.1468.

Advertisement

The 4-hour chart recorded a 5.9% gain during the latest candle, with the price rising from $0.1374 to $0.1454. Buyers entered after ARB spent several days consolidating between approximately $0.131 and $0.145.

The rebound followed a volatile start to September. ARB climbed from below $0.09 to approximately $0.20 before sellers pushed it back toward $0.13. The daily chart still showed the token well below that monthly peak despite its latest gain.

Standard Chartered sees tokenization supporting ARB

Kendrick described Arbitrum as a potential blockchain for traditional financial institutions moving assets on-chain. The bank expects the tokenized-assets market to expand from about $340 billion to $4 trillion by the end of 2028.

Advertisement

Standard Chartered reportedly sees Robinhood Chain as evidence of that opportunity. The project uses Arbitrum technology, giving the network exposure to a platform focused on tokenized financial assets.

Kendrick expects Arbitrum’s monthly revenue to reach approximately $5 million in September, more than five times its level before Robinhood Chain launched. He argued that the higher revenue base could support a new valuation for ARB.

The bank set year-end targets of $0.50 for 2026, $1.50 for 2027, $3.50 for 2028, $6.50 for 2029, and $10 for 2030. Each level remains a Standard Chartered projection rather than a guaranteed price path.

A move from $0.1454 to $10 would require a gain of about 6,780%. ARB would also need to recover above several previous support and resistance areas left by its longer-term decline.

Advertisement

ARB faces resistance near $0.155

The 4-hour Bollinger Bands showed ARB reaching the upper band near $0.1454. Price also moved above the indicator’s middle line at $0.1382, while the lower band stood near $0.1310.

Arbitrum 4-hour chart shows ARB rebounding 5.9% to test the upper Bollinger Band at $0.1454 as CMF rises to 0.19.
Arbitrum price 4-hour chart — Sep. 15 | Source: crypto.news

Closing above the middle band shifted the immediate structure in favor of buyers. However, trading against the upper band can leave the token open to a short-term pullback if demand does not continue.

Chaikin Money Flow rose to 0.19 on the 4-hour chart. The positive reading showed that buying pressure had strengthened during the rebound, supporting the move above $0.14.

The daily indicators offered a more cautious signal. ARB’s relative strength index stood at 58.82, above the neutral level of 50 but below the overbought threshold of 70. Its RSI average remained higher at 67.11, reflecting the loss of momentum after the early-September spike.

Arbitrum daily chart shows ARB rising 8.75% to $0.1454, with RSI at 58.82 while MACD momentum weakens.
Arbitrum price daily chart — Sep. 15 | Source: crypto.news

The daily MACD line stood at 0.0125, below the signal line at 0.0150. Its histogram had slipped to minus 0.0025, meaning the broader bullish impulse had not fully recovered despite the strong daily candle.

A close above $0.147 would expose the $0.150 psychological level. The one-week CoinGlass heatmap showed the strongest nearby liquidation concentration around $0.154–$0.156, making that area the next major test.

Advertisement
ARB one-week liquidation heatmap shows major liquidity clusters near $0.154–$0.156, with additional concentrations around $0.16 and $0.17.
Arbitrum liquidation heatmap | Source: CoinGlass

Further liquidity appeared between $0.158 and $0.160, followed by separate clusters near $0.166 and $0.170. A breakout through those zones could open a path toward the September peak between $0.19 and $0.20.

On the downside, $0.138 is the first short-term level to watch because it matches the 4-hour Bollinger midline. A loss of that level could return ARB to the $0.131–$0.133 support range, where the lower Bollinger Band and recent lows converge.

Analysts target $0.185 if support holds

Crypto analyst Michaël van de Poppe said ARB appeared to be holding its first support level and beginning to turn higher. He said the setup could lead to a sharp move toward $0.185 if the token breaks out.

The $0.185 target sits close to the upper part of ARB’s early-September trading range. Reaching it would require a gain of roughly 27% from $0.1454 and a break above the liquidation clusters near $0.155 and $0.170.

Altcoin Sherpa also identified the current area as support, attributing ARB’s recent strength partly to Robinhood-related activity. However, the analyst said the size of any continuation remained uncertain.

Both views depend on ARB holding its recent base. A daily close below $0.131 would weaken the recovery setup and place the breakout targets at risk.

Robinhood gives the rally a US market angle

Robinhood provides the clearest US connection to Standard Chartered’s thesis. CEO Vlad Tenev has described the company’s chain as being built for real-world assets, linking Arbitrum’s technology to a US brokerage seeking a larger role in tokenized finance.

Advertisement

The long-term effect on ARB will depend on network use, revenue generation, and the value captured by token holders. Standard Chartered’s forecast assumes that tokenization expands rapidly and that Arbitrum becomes a preferred infrastructure provider for financial firms.

For the immediate move, traders face a closer test at $0.154–$0.156. Holding above $0.138 keeps the short-term rebound intact, while a confirmed break through $0.156 would strengthen the case for an advance toward $0.17 and the analysts’ $0.185 target.

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

Advertisement

Source link

Advertisement
Continue Reading

Crypto World

Bitcoin price defends $76K amid weak trend strength

Published

on

Bitcoin daily chart shows BTC recovering toward $76,863 after testing $75,605, with Supertrend support near $72,786.

Bitcoin price slipped below $76,000 before recovering toward $76,900, with weak momentum and dense liquidation zones leaving the price vulnerable ahead of the CLARITY Act vote and Federal Reserve decision.

Summary

  • Bitcoin price fell as low as $75,605 before recovering toward $76,900.
  • The daily Supertrend remains bullish while 4-hour momentum lacks a clear direction.
  • Liquidation clusters sit near $75,000 below and between $77,600 and $78,500 above.
  • Analysts view $75,500–$76,000 as the key zone separating a rebound from a deeper fall.

Bitcoin price rebounds after falling below $76,000

According to data from crypto.news, Bitcoin (BTC) price traded near $76,863 at the time of writing after dropping 1.7% during the session. The cryptocurrency opened at $78,189, reached an intraday high of $78,250 and briefly fell to $75,605 before buyers pushed it back above $76,000.

The decline extended Bitcoin’s retreat from the $79,000–$80,000 region, where several recovery attempts have stalled since late August. Price action has since formed lower highs, showing that sellers remain active during rebounds.

Advertisement

Political uncertainty surrounding the Digital Asset Market Clarity Act contributed to the cautious mood. The U.S. Senate was preparing for a procedural vote requiring 60 votes to advance the legislation, while reports of disagreement between Democrats and Republicans reduced confidence in a deal.

Traders were also waiting for the Federal Reserve’s policy decision. The supplied market context showed that changing rate expectations, rising Treasury yields and elevated oil prices had reduced demand for risk assets, including cryptocurrencies.

Daily trend holds, but momentum sends a mixed signal

Bitcoin remains above the daily Supertrend level at $72,786, keeping the broader signal in bullish territory despite the latest decline. The indicator provides a wide cushion below the current market price, but it would offer little support if BTC loses the nearer $75,500–$76,000 demand area.

Advertisement
Bitcoin daily chart shows BTC recovering toward $76,863 after testing $75,605, with Supertrend support near $72,786.
Bitcoin price daily chart — Sep. 15 | Source: crypto.news

A sustained daily close below that zone would place the August breakout structure under pressure. The next visible support areas sit near $74,000 and the Supertrend level around $72,800.

The daily Aroon indicator presents a mixed reading. Aroon Up stands at 100%, showing that a recent high remains influential within the indicator’s lookback period. Aroon Down, however, has risen to 14.29% as the price moves closer to the lower end of its recent range.

The difference suggests that the wider trend has not fully reversed, although short-term weakness is building. Bitcoin must recover the $78,000–$80,000 area to restore a clearer upside structure.

A close above $80,000 would expose the recent highs near $81,000–$82,000. Failure to regain $78,000 would leave rallies vulnerable to renewed selling.

4-hour chart shows weak trend strength

The 4-hour chart confirms a less decisive short-term setup. Bitcoin traded near $76,869, below the Bollinger Bands’ middle line at $77,404 and close to the lower band at $76,180.

Advertisement
Bitcoin 4-hour chart shows BTC below the Bollinger midpoint at $77,404 and near the lower band at $76,180, while ADX sits at 17.26.
Bitcoin price 4-hour chart — Sep. 15 | Source: crypto.news

Trading near the lower band reflects persistent selling pressure, although it also leaves room for a short-term rebound if the lower boundary continues to hold. The upper Bollinger Band at $78,629 forms the next major resistance level above the midpoint.

Bitcoin’s 4-hour Average Directional Index stood at 17.26. An ADX reading below 20 typically points to weak trend strength, meaning neither buyers nor sellers have established firm control despite the sharp intraday swings.

The combination of a low ADX and price near the lower Bollinger Band favors continued consolidation unless BTC breaks decisively outside the range. A move above $77,400 would be the first sign of improving momentum, followed by resistance between $78,000 and $78,630.

On the downside, a 4-hour close below $76,180 would increase the risk of another test of $75,500. Losing the intraday low at $75,605 could then open the path toward $74,000.

Liquidation clusters could amplify the next Bitcoin move

The 24-hour CoinGlass liquidation heatmap shows concentrated leverage on both sides of the current price. The strongest nearby liquidity above Bitcoin appears around $77,600–$77,800, with another large cluster extending through approximately $78,200–$78,500.

Advertisement
Bitcoin 24-hour liquidation heatmap shows major liquidity clusters around $77,600–$78,500 above and near $75,000 below.
Bitcoin liquidation heatmap | Source: CoinGlass

Additional liquidity is visible near $80,000. A rebound through $77,400 could draw the price toward these upper clusters as short positions face pressure.

Below the market, the clearest liquidation concentration sits close to $75,000, followed by smaller pools around $74,000 and $73,000. A break below $75,500 could therefore accelerate the decline as leveraged long positions are closed.

The two-sided concentration fits the weak ADX reading. Bitcoin remains inside a market where nearby leverage could pull the price sharply in either direction once the current range breaks.

Analysts identify $75,500 as Bitcoin’s key support

Pseudonymous trader Altcoin Sherpa called the current area a “do or die level” and said losing it could send Bitcoin toward $72,000. The analyst’s chart placed the main support band around $75,000–$76,000, broadly matching the daily and 4-hour technical levels.

Trader Lennaert Snyder said Bitcoin had swept the previous week’s low near $76,000 and reacted bearishly afterward. His preferred scenario involved a brief move below $75,500 followed by a rebound, rather than an extended breakdown.

Advertisement

Snyder’s chart mapped a wider demand zone around $75,000–$76,000 and identified overhead resistance near $78,000, $79,500, and $80,500. He tied the next major move to the CLARITY Act vote and the Federal Reserve decision.

The technical evidence leaves Bitcoin at a decision point. Holding $75,500–$76,000 could support a recovery toward $77,400 and $78,600, while a confirmed breakdown would bring $74,000 and the daily Supertrend near $72,800 into view.

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

Advertisement

Source link

Advertisement
Continue Reading

Crypto World

White House Adviser Phelan Warns Fed Rate Hike Today Would Be a Mistake

Published

on

The ECB’s Rate Hike Could Force the Fed’s Hand

Christopher Phelan, chairman of the Council of Economic Advisers (CEA), said a Fed rate hike would be a mistake. The Federal Reserve is set to announce its rate decision today.

Phelan made the comments on CNBC’s Closing Bell Overtime, citing recent inflation data as the reason a hike is unnecessary. The Federal Open Market Committee (FOMC), the Fed’s rate-setting body, meets this week.

Inflation Data Undercuts the Case for a Hike

Phelan argued inflation has trended lower over the past three months. He pointed to every major gauge, including the Consumer Price Index (CPI) and the Personal Consumption Expenditures (PCE) index.

He noted the Fed held off on raising rates months ago when inflation ran hotter. That makes a hike now harder to justify, he said.

Advertisement

The debate comes as President Donald Trump has pushed the Fed to lower interest rates. A hike would move policy in the opposite direction Trump has publicly favored.

“No matter how you measure it, inflation is coming down. They didn’t choose to raise rates 3 months ago when inflation was higher. It doesn’t make sense to raise rates now in my view.”

Christopher Phelan, Chairman of the Council of Economic Advisers, via CNBC

What a Hike Would Mean for Markets

Phelan’s comments land as Bitcoin faces rising odds of a Fed hike this week. Traders have priced that scenario as a headwind for risk assets.

Higher rates tend to pressure Bitcoin (BTC) by making non-yielding assets less attractive next to bonds.

Advertisement

Fed Chairman Kevin Warsh has said the cheap-money era is ending. He has also signaled the Fed still has work to do on inflation, a stance Phelan pushed back against.

Fed watchers expect the committee to be closely divided again. A similar split emerged at the FOMC’s July meeting, when the panel held rates steady by a nine-to-three vote.

Whether Warsh sides with Phelan’s inflation reading, or with FOMC members favoring a hike, will shape borrowing costs. It will also shape risk appetite across markets in the sessions ahead.

Markets will watch Warsh’s press conference closely for signals on the final vote.

Advertisement

The post White House Adviser Phelan Warns Fed Rate Hike Today Would Be a Mistake appeared first on BeInCrypto.

Source link

Continue Reading

Crypto World

Standard Chartered Forecasts Arbitrum Outperforming BTC, ETH Through 2030

Published

on

Crypto Breaking News

Standard Chartered is making the case that Arbitrum could become one of the strongest performers in crypto through 2030, arguing that the network’s revenue mechanics may benefit as traditional finance ramps up onchain activity. In a note shared with Cointelegraph, Geoff Kendrick, the bank’s global head of digital assets research, pointed to Arbitrum’s economic design as a potential source of growth beyond crypto-native usage.

Kendrick said Arbitrum receives 10% of the net protocol revenue generated by businesses building on the network. He highlighted Robinhood Chain—an Ethereum layer-2 initiative tied to the online brokerage Robinhood—as an early test case for how tokenization-focused applications could shift Arbitrum’s financial profile. According to Kendrick, the impact has already been visible in the network’s revenue run rate.

Key takeaways

  • Standard Chartered forecasts Arbitrum’s protocol revenue share could meaningfully grow as more traditional financial assets move onchain.
  • Arbitrum’s design gives it 10% of net protocol revenue from companies building on the network.
  • Standard Chartered credits Robinhood Chain with materially changing Arbitrum’s economics, projecting $5 million revenue in September.
  • Kendrick expects those economics could support a multi-year rise in ARB, potentially reaching $10 by 2030.
  • Key risks include tokenization adoption slowing and increased competition from other chains.

Why Standard Chartered thinks Arbitrum’s revenue can scale

At the center of Standard Chartered’s bullish outlook is the idea that Arbitrum’s growth is not just about user activity, but about the network’s share of protocol revenues. Kendrick framed the pathway as follows: as regulated institutions and financial firms bring more assets onto blockchain infrastructure—especially through tokenized real-world asset (RWA) products—layer-2 networks that support these deployments could capture recurring value.

Robinhood Chain is presented as a concrete example of that dynamic. In the note, Kendrick argued that its launch has already affected Arbitrum’s economics. He stated that, at the current run rate, Arbitrum is expected to generate $5 million in revenue in September, which he said is more than five times the level it was at before Robinhood Chain launched in July.

For investors and traders, this matters because it shifts the narrative from “layer-2 usage” alone to “layer-2 monetization.” If tokenized asset workflows generate sustained protocol revenue, the token incentives and long-term demand for the network’s native asset could plausibly benefit. Standard Chartered’s framing is essentially that the token’s value proposition is tied to business adoption and network economics rather than only retail activity.

Advertisement

From protocol economics to ARB price assumptions

On price, Kendrick’s view is aggressive but anchored to the bank’s revenue-based logic. He expects Arbitrum’s economics to support a steady increase in ARB through the rest of the decade, forecasting that the token could reach as high as $10 by 2030. The bank’s projection implies roughly a 70-fold increase from current levels.

Standard Chartered also contrasted its outlook for Arbitrum with its expectations for Bitcoin and Ether over the same period, saying its projected returns for ARB would be far higher. While price forecasts are inherently uncertain, the bank’s stated method is noteworthy: the thesis is built around a growing revenue stream for the protocol rather than purely speculative momentum.

At the time of the note, ARB was valued at around $0.14, according to CoinGecko, after gaining 86% over the past month.

Tokenized real-world assets are the engine in the model

Standard Chartered’s argument is heavily influenced by the momentum in tokenization. Kendrick pointed to cumulative RWA tokenization nearing $39 billion, citing RWA.xyz data. The bank also reiterated its broader forecast that tokenized assets could reach $4 trillion by the end of 2028, as banks and asset managers bring more assets onchain.

Advertisement

In that scenario, layer-2 networks like Arbitrum are positioned as infrastructure providers. The bank’s logic is that when tokenization shifts from experiments to larger deployments, businesses building on these networks can generate net protocol revenue—part of which flows back to Arbitrum under the 10% share model.

Standard Chartered has previously tied its wider crypto views to tokenization growth, including a bullish stance toward Chainlink and the broader decentralized finance sector in the context of a growing onchain asset base. The Arbitrum note continues that through-line: as more “real-world” exposure is issued onchain, the infrastructure that supports issuance, settlement, and related services may capture more durable value.

Key uncertainties and competitive pressure

Despite its optimism, Kendrick highlighted risks that could derail the bank’s price framework. He identified two major uncertainties: a slower-than-expected pace of asset tokenization and more competition from alternate blockchains.

This is an important tension for readers to consider. Arbitrum’s potential upside depends not only on technical and adoption milestones, but also on whether tokenized assets concentrate on specific L2 ecosystems or diversify across multiple networks. If tokenization expands but spreads across competing platforms, Arbitrum’s revenue share—and therefore the earnings-to-token linkage Standard Chartered is leaning on—could be diluted.

Advertisement

There is also a timing element embedded in the forecast. Kendrick’s projected revenue run rate growth and the resulting ARB outlook assume that new deployments and monetization mechanisms ramp in a way that sustains protocol revenues over time. Any mismatch between “asset issuance growth” and “protocol monetization” would likely force the thesis to be recalibrated.

As the market digests this note, the next things to watch are whether tokenization activity on Ethereum layer-2s keeps accelerating and whether Robinhood Chain—or other tokenization-oriented deployments—continues to translate into measurable net protocol revenue for Arbitrum. The pace of tokenized asset adoption and the intensity of competition between alternative chains may determine how closely reality tracks Standard Chartered’s multi-year model.

Risk & affiliate notice: Crypto assets are volatile and capital is at risk. This article may contain affiliate links. Read full disclosure

Source link

Advertisement
Continue Reading

Crypto World

X launches US Cashtag Program with Coinbase and Kraken

Published

on

X launches US Cashtag Program with Coinbase and Kraken

X has launched its U.S. Cashtag Partner Program with five brokerage platforms, giving users a direct route from stock, ETF, and cryptocurrency discussions to eligible trading services.

Summary

  • Five partners include Coinbase, Gemini, Kraken, Interactive Brokers, and Moomoo.
  • Supported cashtags now display a “Trade” option that redirects users to a participating platform.
  • U.S. users must complete transactions through the selected brokerage rather than directly on X.
  • X has added the program after introducing interactive price charts and financial data through smart cashtags.

X Cashtag Program connects tickers with trading platforms

X said in an official announcement that the Cashtag Partner Program has gone live in the United States with Coinbase, Gemini, Kraken, Interactive Brokers, and Moomoo as its first participants.

When users tap a supported cashtag, they can view information tied to the stock, ETF, or cryptocurrency represented by the ticker. A new “Trade” option then lets them choose an available brokerage partner and continue the transaction on that company’s platform.

Advertisement

X does not appear to be executing the trades itself under the arrangement described in the announcement. Instead, the social platform connects users with participating financial companies, where account requirements, identity checks, asset availability, and other trading conditions apply.

Cashtags use a dollar sign before an asset symbol, such as $BTC for Bitcoin or $COIN for Coinbase shares. Traders already use the format to organize financial posts and follow conversations about specific assets. By attaching brokerage links to the feature, X has shortened the path between reading market commentary and opening a trading interface.

The program covers several types of financial companies. Coinbase, Gemini, and Kraken are known primarily for crypto trading, while Interactive Brokers provides access to stocks, options, futures, currencies, and other markets. Moomoo offers stocks, options, and cryptocurrency services through its respective regulated entities.

Advertisement

X did not provide a complete list of supported tickers in the announcement. Availability may differ across partners because each brokerage maintains its own product list and customer eligibility rules.

Smart cashtags laid the foundation for US trading links

As crypto.news reported in April, X introduced smart cashtags for iPhone users in the United States and Canada with live charts, asset-specific posts, and support for cryptocurrency contract addresses.

The earlier version allowed users to select the correct asset or smart contract when adding a ticker to a post. Selecting the cashtag opened a dedicated page containing price information and related discussions, reducing confusion between tokens that share similar names or ticker symbols.

Canadian users also received a trading link through Wealthsimple. At the time, X product head Nikita Bier said users in Canada would see a button that allowed them to move from a cashtag to the financial platform. U.S. trading had not yet been enabled through that rollout.

Advertisement

The new partner program brings the brokerage-link model to American users and increases the number of participating firms from the single Canadian integration. Its structure also keeps order execution within the brokerage selected by the user rather than adding an X-operated exchange to the social platform.

Mridul Singhai, X’s product engineering lead, said the feature narrows the distance between a ticker appearing on a timeline and the market linked to it. Users can open a live chart, read the conversation around an asset, and choose a partner when they decide to trade.

Live posts and price data remain part of the product. The trading button adds another action to the same asset page, but X has not said that a post, chart, or cashtag represents financial advice or a recommendation to transact.

Coinbase and Kraken extend X’s crypto trading route

For cryptocurrency users, the inclusion of Coinbase, Gemini, and Kraken gives the program connections to three established U.S.-focused exchanges. Customers still need an eligible account with the chosen company, and the exchange determines which assets and services are available in each jurisdiction.

Advertisement

Kraken has also expanded beyond its original crypto business. In August, the exchange added 7,000 stocks for eligible European Economic Area customers, placing traditional U.S.-listed shares beside more than 700 tokenized xStocks and over 600 crypto assets.

Kraken entered U.S. stock trading in 2025 before extending the service into Europe through its Cyprus investment firm. Its EEA product lets eligible customers choose between traditional shares and tokenized representations, although the products have different structures and regulatory conditions.

Earlier in 2026, Kraken-backed xStocks also introduced on-chain trading for more than 70 tokenized equities across Ethereum and Solana. Kraken said in March that the platform had processed $25 billion in total volume, including $3.5 billion in on-chain transactions, and had reached 80,000 on-chain holders.

Coinbase has likewise added U.S. stocks and ETFs to its main platform, allowing eligible customers to manage traditional securities and crypto through one account. The Cashtag Program gives X users another entry point to participating services without transferring the actual trade to X.

Advertisement

American users remain subject to each provider’s onboarding process, state-level availability, and product restrictions. A cashtag may therefore display market information even when a particular user cannot trade the asset through every listed partner.

X ties financial conversations to its Everything App plan

Monique Pintarelli, SpaceXAI’s head of global advertising, described the partner program as a way to connect financial discussions on X with an action that users can take through a brokerage.

“People come to X to discover what’s happening, shape the conversation, and act in real-time on what matters to them,” Pintarelli said. “Our Cashtag partners make it possible to move seamlessly from discovery and conversation to a brokerage, without breaking the moment.”

The rollout adds another financial feature to X as the company develops its planned Everything App model. In March, an X Money examination described the service as an in-platform wallet designed for peer-to-peer transfers, bill payments, and other financial products.

Advertisement

X Money has since rolled out peer-to-peer transfers, direct deposits, a debit card, and yields on eligible balances. Its payment functions remain separate from the Cashtag Partner Program, which routes investment activity to outside brokerages rather than holding or executing the trade within the social platform.

X previously secured money-transmitter licenses across more than 40 U.S. states and Washington, D.C., and registered with the Financial Crimes Enforcement Network as part of its payment-service preparations. The company also partnered with Visa to support transfers between bank accounts and X Money wallets.

Singhai said users who post or tap a ticker can now reach a live chart, follow the discussion around the asset, and continue to one of the brokerage partners. X has not disclosed when the Cashtag Partner Program may add more financial firms or expand beyond the United States.

Advertisement

Source link

Continue Reading

Trending

Copyright © 2025