Crypto World
AI Infrastructure Stock Forgent, Cardiovascular Play Kestra In Earnings
Restaurant stock Dave & Buster’s Entertainment (PLAY) and healthcare name Kestra Medical Technologies (KMTS) will kick off earnings reports during a week when investors will be squarely focused on the Federal Reserve and a possible interest-rate hike Wednesday. Forgent Power Solutions (FPS) is also on the docket, with its stock trying to recover after a lengthy sell-off. Friday’s stock market…
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Recent initial public offering Venture Global (VG) is the IPO Stock Of The Week as it breaks into a buy zone amid surging oil prices. The energy stock also sits on Investor’s Business Daily’s IPO Leaders screen. Venture produces, liquefies and exports liquefied natural gas, or LNG. This past week, West Texas Intermediate oil futures traded as high as $104…
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Nike stock has fallen into one of its deepest downturns in years, with NKE dropping roughly 40% in 2026 and becoming the worst-performing stock in the Dow Jones Industrial Average. Shares closed Friday at $38.40, leaving the sportswear giant with a market capitalization of just $56.97 billion, down sharply from roughly $264 billion at the end of 2021.
The selloff has created an unusual setup for the Nike price prediction. Wall Street’s average 12-month target stands near $50.46, implying approximately 31% upside despite an overall Neutral consensus.
At the same time, JPMorgan and Truist have recently lowered their expectations, Nike is preparing to leave the S&P 100, and weakness in China and direct-to-consumer sales continues to complicate CEO Elliott Hill’s turnaround.
Nike Stock Is Cheap, but Wall Street Remains Cautious
Nike’s 40% decline has dramatically changed its valuation. The stock now trades at roughly 18 times trailing earnings, compared with approximately 31 times in fiscal 2022. Its price-to-sales multiple has contracted even more sharply, falling from around 4.0 to approximately 1.2.
Those multiples make NKE look inexpensive compared with its own recent history. The problem is that a lower valuation does not necessarily mean the stock has reached a bottom.
Investors are still trying to determine how much earnings pressure Nike will experience before its turnaround begins producing sustainable growth.
JPMorgan added to those concerns in August by downgrading Nike to Underweight and cutting its price target to $40. The bank warned that the financial effects of Hill’s “Win Now” strategy could weigh on earnings through fiscal 2028, while the company’s Greater China reset could create more than $1 billion in annual revenue pressure.
Truist also lowered its rating and reduced its price target to $42. Weaker footwear trends at Dick’s Sporting Goods contributed to concerns that Nike’s recovery could take longer than investors previously expected.
That leaves a sizable gap between the broader Wall Street outlook and some of the more cautious analysts. The average target of $50.46 suggests substantial recovery potential, but recent downgrades indicate that investors may need clearer evidence of improving sales and margins before assigning NKE a higher multiple.
S&P 100 Exit Highlights How Far Nike Has Fallen
Nike’s decline is also changing its position among America’s largest companies. S&P Dow Jones Indices is set to remove Nike from the S&P 100 on September 21 as technology companies including Dell, Palo Alto Networks, Arista Networks, and SanDisk join the index.
The removal does not directly change Nike’s underlying business, but it highlights the scale of the company’s loss in market value.
NKE is now roughly 78% below its November 2021 record high, while its approximately $57 billion market capitalization is only a fraction of its former peak.
Nike’s Business Is Holding Up Better Than Its Stock Price
The 40% decline in Nike shares has not been matched by an equivalent collapse in the underlying business. Fiscal 2026 revenue came in at $46.4 billion, roughly flat year over year on a reported basis.
There are signs that Elliott Hill’s strategy is changing the composition of Nike’s sales. Wholesale revenue increased 6%, reflecting efforts to rebuild relationships with retailers after the company’s previous emphasis on direct-to-consumer distribution.
Nike Direct revenue, however, declined 6%, while digital sales dropped 12%.
That divergence explains why the turnaround remains difficult to evaluate. Improving wholesale performance suggests that Nike is repairing an important part of its distribution network, but weakness in its own channels shows that consumer demand remains uneven.
China presents another major challenge. Previous weakness in the region has already weighed on Nike’s results, and JPMorgan expects the Greater China reset to create more than $1 billion in annual revenue pressure.
Until that market stabilizes, stronger performance elsewhere may struggle to translate into a decisive earnings recovery.
The difficulties are not exclusive to Nike. Lululemon has fallen about 52% this year amid weaker leggings sales and market-share pressure.
CoinCodex Nike Price Prediction
According to analysts from CoinCodex, NKE could remain under pressure through the remainder of 2026 before staging a partial recovery in early 2027. September carries an average forecast of approximately $32.51, while October is the weakest near-term month, with an average projection of just $30.18 and a potential low of $28.85.
The outlook improves toward year-end, with the November average rising to $35.19 and December reaching $37.14, although even the December high of $38.98 would leave Nike close to its current $38.40 share price.
The forecast becomes more constructive at the beginning of 2027. January carries an average projection of $41.78 and a potential high of $42.78, while February produces the strongest upside target at $43.07.
Average prices remain around $40 through April, suggesting that CoinCodex expects an early-year recovery, but not enough to reach Wall Street’s $50.46 average analyst target. That difference is notable because the analyst consensus implies roughly 31% upside, while the algorithmic forecast anticipates a much more restrained rebound.
Momentum then weakens again during the second half of the supplied forecast. The average price falls from $39.06 in May to $36.35 in June and $36.01 in July before slipping to $34.99 in August.
By September 2027, CoinCodex projects an average NKE price of $31.80 and a possible low of $29.76. The broader Nike price prediction therefore points to a temporary recovery rather than a sustained reversal, with early 2027 offering the strongest period before renewed weakness emerges later in the year.
The post Nike Price Forecast: Can NKE Recover After Becoming the Dow’s Worst Stock? appeared first on BeInCrypto.
Crypto World
The U.S. Is Having One of Its Most Active Wildfire Seasons. Here’s How the Costs Are Adding Up
The United States is on pace to see one of its most active wildfire seasons on record. According to a new AccuWeather report, large fires were active in at least 13 states as of Sept. 9, while more than 8.4 million acres had burned nationwide this year—about 1.3 million acres above the full-year annual average over the previous decade.
The extraordinarily active season is testing a recently overhauled federal wildfire-response system while placing mounting financial pressure on governments, taxpayers, insurers, and individual households.
How the U.S. changed its wildfire response after the Los Angeles fires
The Los Angeles fires in January 2025 were high-profile incidents that drew widespread attention to the nation’s risk. They were notable as sudden, highly concentrated, urban conflagration events—and they stand in contrast to the 2026 wildfire season, which has garnered less attention with the incidents geographically dispersed across the U.S.
However, almost twice as much land has burned so far in 2026 as had burned at the same point in 2025, according to AccuWeather.
The Palisades and Eaton fires in L.A. showcased just how costly massive wildfires are in terms of infrastructure damage, loss of life, and economic impact. Collectively, the fires burned about 37,500 acres and destroyed nearly 17,000 structures, killing at least 31 people. Munich Re estimated total damage at $53 billion, including $40 billion in insured losses—“by far the largest insured loss on record from a wildfire event,” according to the United Nations.
Read More: What Happens When the World Is on Fire
In response, President Donald Trump signed an executive order on June 12, 2025, calling for the consolidation of wildfire response resources within the Interior and Agriculture departments within 90 days. The U.S. Wildland Fire Service was formed as a result.
The order also directed agencies to review rules that might impede wildfire response, develop performance metrics, release relevant historical satellite data, and evaluate the sale of excess military aircraft for wildfire response. Those provisions carried deadlines ranging from 120 to 210 days.
Since then, the Administration has overhauled how the federal government fights fires. One of the largest shifts involves focusing on wildfire suppression. Since April, Interior Secretary Doug Burgum has directed crews to presume a full-suppression strategy for every wildfire under the management of the Interior Department. While managers are instructed to select tactics according to on-the-ground conditions, the presumptive approach is suppression.
The move has drawn criticism as states compete for limited firefighting resources, and as federal forecasters expect above-normal significant-fire potential in parts of the West through September.
The financial toll of wildfires has dramatically escalated in recent years as fire seasons grow longer and fires become more severe.
Why wildfire costs are rising for federal and state governments
The National Multi-Agency Coordination Group (NMAC), composed of representatives from the federal and state agencies, establishes national preparedness levels ranging from 1 to 5. The country remained at Level 5 from July 18 through Sept. 4, meaning national resources were heavily committed and some regions had to take emergency measures to sustain operations. The level was lowered to 3 on Sept. 9.
During the Level 5 period, the National Multi-Agency Coordinating Group warned of “high competition” for firefighting resources nationally. It said the system lacked sufficient incident-management resources to meet every request, prompting concerns among lawmakers about whether resources could be exhausted before the season ended.
On Friday, five Democratic Senators—Alex Padilla and Adam Schiff of California, Michael Bennet and John Hickenlooper of Colorado, and Ron Wyden of Oregon—released a letter to Burgum and Agriculture Secretary Brooke Rollins, expressing “serious concerns” about the departments’ preparedness and ability to adequately respond to the ongoing wildfire season.
The letter says the U.S. Forest Service and U.S. Wildland Fire Service had more than $6 billion in fire-suppression budget authority for fiscal year 2026 and had spent more than 70% by Aug. 31.
“Any wildfire that represents a threat to life, property, infrastructure or the environment should be extinguished as quickly as possible,” federal officials with the Wildland Fire Service said in a statement to the Associated Press in July when the policy was instituted. “Our experienced fire managers retain the authority to select the safest and most effective tactics based on conditions on the ground.”
Some experts argue, however, that full suppression is part of the issue that makes wildfires so large and expensive in the first place.
“These Western ecosystems are adapted to fire; they need fire, and they’ve burned for thousands of years. Roughly 150 years ago, we started suppressing fires, and in large swaths of the Western forests, that led to an accumulation of fuels,” Winslow Hansen, ecologist with the Cary Institute of Ecosystem Studies, tells TIME. Fuel can refer to any vegetation, twigs, branches, or organic soils that may be prone to catching fire—especially in the hot, dry conditions that are more prevalent nationwide due to climate change, he explains.
The combination leads to more fuel and drier fuel for fires, Hansen says, and “that leads to more intense fires, larger fires, and even faster fires.”
Federal suppression spending captures only one portion of wildfires’ broader economic toll. A Department of the Interior review estimated that wildfires impose between $87 billion and $424 billion in annual costs, measured in 2022 dollars, including property and health damages and other economic losses. The department cautioned, however, that significant gaps in the available data make the total difficult to calculate.
Separately, a 2018 Headwaters Economics review of existing research and five wildfire case studies estimated that suppression represented approximately 9% of the fires’ full community costs.
State governments are shouldering part of that broader economic burden. While no comprehensive national tally tracks their wildfire spending in real time, data within affected states illuminates the strain.
In Oregon, wildfires had burned 2.5 million acres and cost the state $236.2 million as of late August. Last week, the state approved nearly $123 million in additional funding and authorized $150 million in short-term Treasury borrowing to cover expenses while awaiting federal reimbursements. Officials project that the season’s total cost could reach $350 million, surpassing the state record of $318 million set in 2024.
In Utah, where more than 559,000 acres had burned as of Sept. 3, state wildfire costs had reached approximately $44.9 million and could approach $50 million. Federal costs associated with fires in Utah were estimated at approximately $216 million. Jamie Barnes, commissioner of the Utah Department of Natural Resources, said it could be a “record breaking” season by cost.
How rising wildfire costs affect Americans
While local, state, and federal governments are responsible for wildfire preparedness and suppression, these activities are funded primarily by taxpayers. For example, the four largest fires that plagued Colorado this year could cost taxpayers $266 million, according to a Colorado Drought Task Force meeting in July.
And the government does not bear the full burden of the fires; Americans shoulder it through property damage, skyrocketing insurance costs, supply chain disruptions, and lost business revenue.
A study released in August analyzed data covering approximately 100,000 people and 50,000 homes inside wildfire burn areas. It found that occupants of destroyed homes experienced reduced earnings for three years after a fire, with cumulative losses equal to 26% of their pre-fire annual income. Within fire zones, lower-income households were more likely to lose their homes.
Wildfires also impose costs that are harder to quantify. A July study from the University of Southern California found that Los Angeles County residents who lived in evacuation zones during the 2025 fires reported elevated anxiety and depression nearly a year later, with the greatest effects among people already facing social and economic hardship.
These costs do not affect only people in communities directly touched by wildfires. In California, average homeowners-insurance premiums rose 84% between the end of 2020 and March 2026, according to Stanford researchers, who attributed the increase to a combination of wildfire risk, inflation and the state’s regulatory framework.
According to the 2026 Wildfire Risk Report by Cotality, a major real estate data and analytics company, more than 2.5 million properties across the 10 of the most exposed states face a moderate or greater risk of wildfire damage, with a combined reconstruction cost value approaching $1.4 trillion. The risk is concentrated in California, Colorado, and Texas. The report estimates that there are some 1.28 million at-risk properties in California alone.
No single figure can capture what the 2026 wildfire season will ultimately cost. The bills will emerge in different forms—from government spending and rebuilding expenses to higher insurance premiums and lost household income. The financial consequences typically persist long after the fires are contained.
Crypto World
$10,000 in Tesla When It Joined the S&P 500 Would Be About $15,700 Today. An Index Fund Would Have Done Better.
On Friday, Dec. 18, 2020, shares of electric-car maker Tesla (NASDAQ:TSLA) rose almost 6% to close at a record $695. More than 200 million shares changed hands that session (more than $131 billion of stock), making it one of the busiest trading days in the company’s history.
The buying wasn’t optional for everyone. S&P Dow Jones Indices had scheduled Tesla to join the S&P 500 (SNPINDEX:^GSPC) at its full weight before the market opened the following Monday. And the addition was based on that Friday’s closing prices. In other words, every fund tracking the index effectively paid $695.
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Nearly six years later, that $10,000 would have become about $15,700. The same money in an S&P 500 index fund would have grown to about $20,500 before dividends.
Image source: The Motley Fool.
Nearly six years later
Tesla has split its stock once since then (three for one, in August 2022), which turns that $695 closing price into $231.67 per today’s share. A $10,000 purchase works out to about 43 of today’s shares.
As of this writing, the stock trades at about $364, up 57% from the split-adjusted purchase price. But stretched across almost six years, 57% comes to about 8% a year.
The ride was better at times. The stock traded as high as $498.83 within the past year, a level that would have put the stake above $21,000. It hasn’t held it.
The S&P 500, meanwhile, ended that Friday just above 3,700 and now sits close to 7,600 — up about 105%, or about 13% a year. And dividends would widen the index’s lead from there.
Tesla, for all the attention it gets, has trailed the very index it joined.
The reason isn’t that the company failed to grow.
Did Tesla deliver?
The purchase valued Tesla at more than $658 billion, the largest addition in the S&P 500’s history at the time.
In 2020, the company generated about $31.5 billion of revenue and $721 million of net income, its first profitable year. It produced and delivered about half a million vehicles. Against a price tag of more than $658 billion, the market was paying more than 900 times the year’s earnings.
Much of the growth that price demanded did show up. Tesla’s trailing-12-month revenue now tops $100 billion, more than triple 2020’s total. Notably, the company delivered more than 480,000 vehicles in this year’s second quarter alone, up 25% from a year earlier — nearly as many as it delivered in all of 2020. Its energy storage business, tiny back then, deployed 13.5 gigawatt-hours in the quarter, a 41% jump from a year earlier. And net income over the past four quarters was about $3.8 billion, more than five times what the company earned in 2020, though well below the $12.6 billion it earned in 2022.
UniCredit is exploring an expansion into digital assets that would add crypto custody and brokerage, and has started selecting a technology provider to hold the assets and handle client transactions, Bloomberg reported, citing people familiar with the matter.
As per the report, the discussions are early, and no final decision has been made. Areas under consideration include custody and brokerage, tokenized investment products and fixed-income securities, and stablecoin applications for clients. UniCredit has not disclosed which providers it is weighing, how much it might spend, or when it would choose one.
Any crypto services would fall under the EU’s Markets in Crypto-Assets regulation, whose grace period ended on July 1. MiCA requires crypto-asset service providers to hold a license and lets authorized firms passport custody and trading across the 30-country European Economic Area.
Building on Earlier Crypto Moves
Selecting an outside technology provider is the path other large banks have taken into crypto custody. Deutsche Bank tapped Swiss firm Taurus for digital asset custody and tokenization after what the vendor called a detailed selection and due diligence process.
UniCredit has already put crypto products in front of clients. The bank opened a five-year, dollar-denominated certificate linked to BlackRock’s iShares Bitcoin Trust (IBIT) to professional clients in July 2025, with full capital protection at maturity, a cap of 85% on returns and a $25,000 minimum. It was the first product of its kind in Italy.
In December 2025, UniCredit and state lender Cassa Depositi e Prestiti structured Italy’s first tokenized minibond on a public blockchain, a €5 million issue for E4 Computer Engineering recorded on Polygon.
UniCredit also belongs to Qivalis, an Amsterdam consortium that has grown to 37 European banks across 15 countries and plans to launch a MiCA-compliant euro stablecoin on Ethereum in the second half of 2026. The token would be backed one-for-one by euro deposits, subject to approval from the Dutch central bank.
Banks Push Into Digital Assets
Other large lenders have already started selling crypto to clients. BBVA began offering Bitcoin (BTC) trading and custody to private banking clients in Switzerland, and Israel’s Bank Leumi lined up Galaxy to run trading and custody for a 2027 launch covering Bitcoin, Ethereum (ETH) and Solana (SOL).
UniCredit is also expanding in digital markets beyond crypto. On September 8, it bought a minority stake in VC Trade, a Frankfurt platform that digitizes bond and loan deals. The platform sits in debt markets, separate from the crypto plans, and has handled more than €90 billion across over 600 transactions.
The post UniCredit Weighs Crypto Custody and Brokerage, Hunts for a Technology Provider appeared first on CryptoPotato.
The company is closing its Copenhagen IT site while maintaining Bratislava and opening a new hub in Vietnam to reduce costs.
“Given everything happening with safety, right now would be an ill-advised moment to go public,” OpenAI CEO Sam Altman told Fortune.
Anthropic is reportedly in discussions with Nvidia about a potential $10 billion investment that could help shape what Reuters called a potential “mega IPO” for the AI company. According to Reuters, citing people familiar with the matter, the talks are still fluid and the figures being discussed could materially reshape the size—and potential valuation—of any public debut.
Reuters also reports that Anthropic is seeking to raise as much as $100 billion in the offering, which could value the company at around $2 trillion. The individuals described the negotiations as confidential and asked not to be identified, and Reuters said Anthropic declined to comment while Nvidia had not yet responded to a request for comment.
Key takeaways
- Reuters reports Anthropic is discussing a possible $10 billion Nvidia investment tied to a potentially massive IPO.
- The offering size under discussion could reach up to $100 billion, implying an around $2 trillion valuation target.
- Talks remain ongoing and could change, with neither Anthropic nor Nvidia providing comment.
- The rumored move fits a broader strategy in which chip makers seek influence not just over compute, but also AI platforms and customers.
Why a potential Nvidia-Anthropic deal matters
If the reported discussions result in participation by Nvidia—potentially as an early strategic backer—it would strengthen more than just Anthropic’s funding prospects. Strategic investors often have outsized influence in how companies position their technology and partnerships, especially in fast-moving AI supply chains where chips, infrastructure, model ecosystems, and developer tools can be just as important as model performance.
For Nvidia, a relationship with Anthropic at a scale that could support a record-setting public offering would be consistent with its push to stay tightly embedded in the AI stack. Reuters’ account suggests Nvidia could benefit by reinforcing ties with a major customer while also taking a more prominent role around the timing and structure of an IPO.
Link to Anthropic’s infrastructure footprint
Earlier coverage from Cointelegraph highlighted Anthropic’s increasing demand for AI compute capacity. On Aug. 11, Cointelegraph reported that Bitcoin miner Riot Platforms had secured a 20-year agreement to supply 191 megawatts of capacity from its Rockdale, Texas campus to a “leading frontier AI” company.
Cointelegraph stated that the customer was Anthropic and that the deal was valued at about $9 billion, citing a Bloomberg report that also referenced people familiar with the matter. While such capacity agreements don’t automatically translate into IPO readiness, they can signal the scale of near-term compute requirements—an issue that matters to investors assessing how quickly an AI company can sustain growth in training and inference.
Nvidia’s software leverage and the Hugging Face acquisition
The Nvidia angle in this story also connects to its broader strategy beyond chips. Earlier in August, Cointelegraph reported that Nvidia had agreed to acquire Hugging Face for $12.9 billion, extending its reach into the AI software and developer tooling ecosystem.
Hugging Face, as described in Cointelegraph’s earlier reporting and in remarks by Nvidia CEO Jensen Huang, serves more than 18 million developers and hosts over three million models. Huang said Nvidia to acquire Hugging Face would bring control of a major platform for AI models as AI companies increasingly compete across chips, software, and the developer tools used to build and deploy models.
In that context, the Reuters report—if confirmed—would underline a two-pronged approach: Nvidia aims to maintain leverage at the infrastructure level and also deepen its influence over the software layers where models are published, accessed, and integrated into applications.
What to watch next
Because Reuters characterizes the negotiations as ongoing and potentially changeable, investors and industry participants should watch for follow-on reporting that clarifies whether Nvidia is expected to participate formally, how the offering size would be structured, and whether either company provides updated statements as talks progress. The broader implication—however it plays out—remains clear: AI capital formation and strategic partnerships are increasingly shaped by control of both compute and the platforms developers rely on.
A software engineer at Coinbase has wired a digital copy of a fruit fly’s brain into a Bitcoin trading account. The open-source project is called Stonkfly.
It shows the simulated brain a price chart and rewards profitable trades with a burst of virtual dopamine. The fly never sees a single price number.
How a Simulated Fly Brain Places a Trade
Alex Wormuth published the code on GitHub alongside a public dashboard. The model runs 166,700 neurons and roughly 25.6 million connections between them.
Those figures come from a connectome, a published wiring map of an adult male fruit fly’s nervous system. Neuroscientists spent years building it. Wormuth pointed it at a candlestick chart instead.
Stonkfly draws that chart as a small image and splits it across the fly’s two simulated eyes. Light-sensing cells read the raw pixel colors. The brain then settles on buy, sell, or hold.
Profit fires 15 reward neurons. A loss fires two that register something unpleasant. Trading fees count as losses. The fly cannot borrow or bet on a falling price, which puts it ahead of many AI bots trading stocks.
The Creator Says It Proves Nothing
According to the Coinbase engineer, the experiment does not show everything.
“Synaptic changes do not establish that it learns to trade profitably,” Alex Wormuth said.
The program runs on paper money by default, starting with $100. Live mode caps each order at $10, and limits attempts to 24 per day. The public dashboard still showed zero completed trades on Saturday.
That caution lands differently in a falling market. Bitcoin (BTC) traded near $77,286 on Saturday, up 0.6% on the day but far below its peak.
The real question is not whether the fly makes money. It is whether a mapped brain rewires itself for a reward evolution never gave it.
The post Coinbase Engineer Turns a Virtual Fly Brain Into a Crypto Trader appeared first on BeInCrypto.
XRP is changing hands in the low-$1.30s, sitting near a level our price analysis has circled for weeks. That’s not a coincidence. Three catalysts, a critical demand zone, a looming regulatory decision, and shifting whale behavior are converging as the month moves forward, and the outcome could shape XRP’s trajectory into Q4.
Price feeds across major exchanges show XRP clustering around the low-to-mid-$1.30s, with CoinMarketCap’s tracking showing similar underperformance against the wider crypto market during the latest risk-off move.
The drop follows an August rally that took XRP from around $1 to the high-$1.60 range. That run is now cooling into a descending triangle, with the mid-to-high-$1.30s described as one of the market’s most significant demand zones, where billions of XRP previously changed hands.
Macro conditions aren’t helping. Crypto markets are digesting Fed policy signals, and that pressure is bleeding into altcoin price action across the board. XRP’s next move likely hinges on whether buyers defend the low-to-mid-$1.30s or allow that support to crack.
Trade XRP on Bybit and Get a Chance to Win Our $1,000 USDT Airdrop
XRP Price Analysis: Break $1.45 This Weekend?
XRP is trading in the low-$1.30s, just below its recent seven-day range in the low-to-high $1.30s. That points to a sideways-to-mildly bearish structure heading into the final stretch of September. Volume has concentrated around the mid-$1.30s, reinforcing that area as an important line in the sand.
Support sits in layers. The first floor is around the low-$1.30s, near the 20-day EMA, while the next major zone sits around $1.25–$1.30 near the 50-day EMA. Resistance builds quickly above the current range.
The first hurdle sits around the mid-$1.30s to low-$1.40s, followed by heavier supply around $1.45–$1.55. Beyond that, the $1.55–$1.70 region becomes the next major test.
The bullish scenario would see XRP reclaim the low-$1.40s, potentially opening a path toward the $1.60 area and eventually the high-$1.80s if the triangle pattern breaks higher. The base case is continued chop between roughly $1.30 and $1.40 while traders wait for a fresh catalyst. A break below the low-$1.30s would weaken the recovery thesis and put the mid-$1.20s back in focus.
RSI remains relatively neutral, while expanding Bollinger Bands suggest volatility could be building rather than fading. Traders watching the CLARITY Act vote timeline should treat it as a potential swing factor for the next major move.
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Bitcoin Hyper Targets Early Mover Upside as XRP Tests Key Levels
XRP holders sitting through this chop have earned the right to ask a blunt question: Is $1.35 support really going to hold, or is this just the market buying time before another leg down?
Whale accumulation patterns and retail positioning offer some reassurance, but at XRP’s market cap, even a clean breakout caps upside in the modest double digits, not the asymmetric moves early-stage capital is chasing. That’s pushing some traders toward earlier-stage infrastructure plays with more room to run.
Easy now. Let Hyper handle this one.
pic.twitter.com/MTV0jygc1L
— Bitcoin Hyper (@BTC_Hyper2) September 10, 2026
Bitcoin Hyper ($HYPER) is one of the more notable examples, a Bitcoin Layer 2 project integrating the Solana Virtual Machine, positioning itself as the first Bitcoin L2 with SVM-based execution faster than Solana’s own network.
Currently priced at $0.013686, the presale has raised more than $33 million to date, with staking rewards offering a high 35% APY only for early participants. Standout features include a decentralized canonical bridge for native BTC transfers and low-latency transaction processing designed to bring programmability to an ecosystem historically limited to simple transfers.
Research Bitcoin Hyper directly before the presale window closes.
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The post XRP Price Analysis: 3 Major Catalysts Set to Shape September appeared first on Cryptonews.
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