ETH Sell-off Overblown, TradFi Likely To Buy The Dips

Key takeaways: Ether’s correction aligned with broader altcoin moves, with liquidations offset by stable open interest. Ether options and perpetual funding data show weaker bullish demand, but no derivatives-driven trigger for sell-off. Ether (ETH) faced a 9.2% correction in less than 12 hours following a risk-off move in the cryptocurrency market. Despite more than $500…

US Lawmakers Ask SEC to Act on Trump’s Crypto 401(k) Plan

US lawmakers have called on Securities and Exchange Commission Chair Paul Atkins to help accelerate the executive order enabling crypto investments in US 401(k) retirement plans. In the letter on Monday, nine lawmakers, including House Financial Services Committee Chairman French Hill and Subcommittee on Capital Markets Chairman Ann Wagner, said that Atkins was asked to…

ETH Sell-off Overblown, TradFi Likely To Buy The Dips

Key takeaways: Ether’s correction aligned with broader altcoin moves, with liquidations offset by stable open interest. Ether options and perpetual funding data show weaker bullish demand, but no derivatives-driven trigger for sell-off. Ether (ETH) faced a 9.2% correction in less than 12 hours following a risk-off move in the cryptocurrency market. Despite more than $500…

How Low Can XRP Price Go After Dropping Below $3 Again?

Key takeaways: XRP price hinges on $2.75 support, risking a drop toward $2.07. Rising NUPL signals increased profit-taking, hinting $3.18 was the local top. Some analysts insist XRP’s macro setup is still bullish with price targets above $5. XRP (XRP) was down on Monday, dropping 5% over the last 24 hours to trade at $2.80….

Strive to Acquire Semler Scientific in Bitcoin Treasury Merger

Strive Inc., the asset manager turned Bitcoin treasury company led by former presidential candidate Vivek Ramaswamy, has agreed to acquire Semler Scientific — a move that positions the combined entity as one of the largest corporate holders of Bitcoin. In a Monday announcement, the companies said the all-stock transaction will grant Semler shareholders Strive shares…

U.S., U.K. Form Task Force to Align on Crypto and Capital Markets

The U.S. and U.K. have established a joint Transatlantic Taskforce aimed at strengthening cooperation on capital markets and digital assets. The task force, announced on Sep. 22 by U.K. Chancellor of the Exchequer Rachel Reeves and U.S. Treasury Secretary Scott Bessent, will bring together officials from HM Treasury, the U.S. Treasury and market regulators across…

Why the hype won’t die despite endless doubts

What is Pi Network? Despite years of delays, opaque operations and widespread skepticism, Pi Network still commands a near cult-like following. Critics, however, have called the project “money-minded,” citing its reliance on in-app ads, referral-driven growth and centralized control of tokens. Some even allege that its Know Your Customer (KYC) requirements could allow the monetization…

Bitcoin Liquidations Hit 1-Year Record, Altcoins Follow

Key points: Bitcoin witnessed the biggest long liquidation of the year, indicating that bulls are losing their grip over the market. Several altcoins are striving to hold on to their support levels but may face solid selling on rallies. Bitcoin (BTC) fell to $111,800 on Monday but has since recovered above the $112,700 level. The…

US, UK Authorities to Form Digital Asset Task Force

Treasury authorities in the US and UK have announced the formation of a transatlantic task force to explore “short-to-medium term collaboration on digital assets.” In Monday notices, the US Treasury Department and HM Treasury said the cross-country effort, taking place through the already established UK-US Financial Regulatory Working Group, would release a report with recommendations…

Sell-off September Strikes Bitcoin, Lifting Risk For New Low

Key takeaways: Bitcoin dipped below $111,500, testing a major daily demand zone. Spot demand remains strong, keeping the market structure broadly in favor of bulls. Price levels around $113,000, $107,200, and $100,000 could pique investors’ interest. Bitcoin (BTC) dipped below $111,500 during the Asian market session on Monday, clearing out internal liquidity between $115,000 and…