Category: Analysis

Bullish (BLSH) Rises on Q2 Earnings, Institutional Demand

Key Notes Bullish’s quarterly crypto sales rose 18% YoY to $58.6 billion, while trading volume increased 35% to $179.6 billion. The crypto exchange is also planning to launch its options trading platform fully in Q4. BLSH stock jumped 6% to $54.35 on September 17, supported by Ark Invest’s continued buying. The stock price of crypto exchange Bullish (NASDAQ: BLSH) surged by 6% on Sept. 17, after the company posted its Q2 results, beating Wall Street estimates. Cathie Wood’s Ark Invest continued with its BLSH share buying for the second consecutive…

Golden Trump Bitcoin Statue Appears in DC

Key Notes A 12-foot golden Trump holding Bitcoin statue was unveiled near the US Capitol. Crypto PACs and industry leaders continue to back Trump’s pro-crypto agenda. Organizers linked the piece to Trump’s role in mainstreaming Bitcoin adoption. A massive 12-foot golden statue of United States President Donald Trump holding a Bitcoin was unveiled on Sept. 17 just outside the US Capitol, drawing crowds, social media buzz, and political debate. The installation was funded and organized by a group of crypto enthusiasts and memecoiners, carried out as part of a Pump.fun…

BNB Price Rally Nears $1,000 – Can Bulls Push Even Higher?

Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance with his keen insights and astute chart analysis. From a young age, Aayush exhibited a natural aptitude for deciphering complex systems and unraveling patterns. Fueled by an insatiable curiosity for understanding market dynamics, he embarked…

Ethereum Price Recovery Strong – Major Resistance Test Coming Next

Ethereum price started a fresh increase above $4,520. ETH is now showing positive signs and might attempt to clear the $4,680 resistance. Ethereum is now recovering higher above the $4,550 zone. The price is trading above $4,580 and the 100-hourly Simple Moving Average. There was a break above a bearish trend line with resistance at $4,550 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh increase if it settles above $4,640 and $4,700. Ethereum Price Eyes Steady Increase Ethereum price extended losses below…

Bitcoin Price Faces Big Test – Resistance Could Decide Next Move

Bitcoin price is moving higher above $116,500. BTC is now facing hurdles and might gain bullish momentum if it clears the $117,250 resistance zone. Bitcoin started a fresh increase above the $116,200 zone. The price is trading below $116,200 and the 100 hourly Simple moving average. There is a key bullish trend line forming with support at $115,500 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might start another increase if it clears the $117,250 zone. Bitcoin Price Faces Key Hurdle Bitcoin price started…

Bitcoin Holds $115K Support as Fed Cuts Rates by 25 Basis Points

Key Notes Federal Reserve delivered smaller 25bp rate cut versus market expectations of 50bp reduction amid inflation concerns. Crypto liquidations totaled $267M in 24 hours with minimal $36M occurring immediately after Fed announcement. Short squeeze potential builds at $118K level where $1.8B in positions face liquidation risk above this threshold. Bitcoin BTC $116 541 24h volatility: 0.2% Market cap: $2.32 T Vol. 24h: $55.05 B price found support above $115,000 on Wednesday, September 17, as markets absorbed the US Federal Reserve’s latest move. The Fed opted to cut rates by…

New York Banking Regulator Required to Adopt Blockchain Analytics for Risk Management

Key Notes NYDFS extends blockchain monitoring requirements from crypto companies to all New York state banks and foreign branches. Banks must use tools like Chainalysis to screen wallets, verify fund sources, and detect money laundering or sanctions violations. The guidance represents supervisory expectations rather than formal rules, giving banks flexibility in implementation approaches. The New York State Department of Financial Services (NYDFS) has directed banking organizations under its supervision to implement blockchain analytics tools as part of their compliance frameworks, marking the regulator’s latest step to strengthen oversight of cryptocurrency…

CME Group Moves to Launch SOL Options Trading as Solana Staking ETF Nears $300M

Key Notes CME Group will launch Solana options trading on October 13th, marking SOL’s transition to institutional-grade derivatives. Rex Shares’ Solana ETF reached $289 million in assets, up 15% weekly, demonstrating growing institutional appetite. Technical analysis shows SOL testing $237 resistance with falling wedge pattern targeting $260 breakthrough. Solana SOL $244.8 24h volatility: 2.8% Market cap: $132.74 B Vol. 24h: $10.51 B was caught in market turbulence over the past week, declining from recent peaks near $245 as jitters surrounding US macroeconomic indices diverted investors’ focus toward gold for inflation…

Eric Trump Says ‘Weaponized’ Banks Pushed Him to Embrace Bitcoin Adoption

Key Notes Major banks terminated Trump family accounts, driving Eric Trump toward decentralized finance alternatives. American Bitcoin operates as an accumulator, using mining to acquire Bitcoin below market rates systematically. Trump positions Bitcoin as perfect hedge against illiquid real estate, offering instant liquidity advantages. Eric Trump, an executive at the Trump Organization and co-founder of American Bitcoin, said that actions by large financial institutions to close his family’s bank accounts were a primary motivation for his entry into the crypto industry. In a Sept. 17 interview with Bloomberg, Trump stated…

Coinbase Joins Ethereum Foundation to Back Open Intents Framework

Key Notes The framework introduces intent-based blockchain interactions where users express goals and solvers execute optimal transaction routes. Major industry players including Ethereum Foundation, Hyperlane, and OpenZeppelin collaborate on this open-source initiative. Automated solver technology aligns with growing blockchain-AI integration trends across the cryptocurrency industry. Coinbase Payments has become a core contributor to the Open Intents Framework (OIF), a new initiative aimed at building open standards for secure asset movement across blockchain networks. The company announced its participation in a post on X on Sept. 17. The project seeks to…