Day: September 16, 2025

XRP Bearish Signal: Whales Offload $486 Million In Asset

boss

On-chain data shows the XRP whales have participated in major distribution over the past two weeks, a sign that can be bearish for the asset’s price. XRP Whales Have Sold 160 Million Tokens Recently In a new post on X, analyst Ali Martinez has talked about the latest move from the XRP whales. The analyst has cited Santiment’s Supply Distribution indicator, which measures the total amount of the asset’s supply that a given wallet group as a whole is holding right now. Whales are defined as addresses carrying between 1…

Bitcoin boom: Ethiopia powers cryptocurrency mining

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Ethiopia’s government has ended a freeze on licensing Bitcoin mining companies. The process is energy intensive and the national electricity grid was struggling to meet demand. But the country’s new mega-dam, Africa’s largest, now means there’s a surplus of power until more of Ethiopia is connected to the grid. Al Jazeera’s Bernard Smith reports from Addis Ababa. Subscribe to our channel: Follow us on X : Find us on Facebook: Check our website: Check out our Instagram page: Download AJE Mobile App:…

Saylor And Lee Among 18 To Meet Lawmakers About Bitcoin Reserve

boss

US lawmakers are set to meet with 18 crypto industry executives, including Strategy chairman Michael Saylor, on Tuesday to discuss how Congress can move forward with President Donald Trump’s Strategic Bitcoin Reserve. Those in attendance will also include Fundstrat CEO Tom Lee, who is also the chairman of BitMine, as well as MARA CEO Fred Thiel, according to crypto advocacy group The Digital Chambers, which shared the full list with Cointelegraph on Monday.  The industry executives are looking to build momentum behind the BITCOIN Act, a measure introduced by US…

XRP’s Biggest Rally Yet? Analyst Projects $20+ in October 2025

boss

XRP is trading close to $3 and has struggled to hold that level in recent sessions. According to a market analyst, a repeat of a past pattern tied to Bitcoin halvings could push XRP much higher, with a possible cycle top above $20 on Oct. 17, 2025. The timeline ties back to earlier halving cycles and a short lag that, she argues, has repeated before. Related Reading Halving Dates And Follow-On Moves Based on reports, crypto expert Diana points to the 2016–2017 cycle as the clearest example. Bitcoin halved on…

Ethereum Foundation Launches AI Team to Drive Blockchain-AI Integration

Key Notes The dAI Team aims to enable AI agents to conduct payments and coordination without traditional intermediaries on Ethereum. ERC-8004 standard development will provide identity verification and reputation systems for autonomous AI agents across the network. This initiative represents part of Ethereum Foundation’s 2025 restructuring to address emerging technologies beyond finance. The Ethereum Foundation has established a dedicated artificial intelligence team called the dAI Team, marking a significant step in bridging blockchain technology with the rapidly evolving AI sector. Research scientist Davide Crapis announced the initiative on September 15,…

Bitcoin Set For Short Squeeze Before Long Trap In October

boss

A closely watched derivatives strategist expects Bitcoin’s next major move to begin with a violent short squeeze, only to flip into a punishing “long trap” as October opens—a sequence he argues rhymes more with late-2023 than with the euphoric blow-offs of March and December 2024. In a thread posted on September 12 and expanded over the weekend, analyst Nik Patel (@cointradernik) said the current positioning backdrop “is less like March and Dec ’24 crossovers and more like Dec ’23,” warning that the market is set up for a “multi-week whipsaw…