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Institutional investors just bought an overall total of $921 million in crypto assets in the last week, according to a new update from Coinshares. The surge marks a rebound after multiple choppy weeks, driven by better investor confidence from lower-than-expected US CPI data and hopes for more rate cuts. Bitcoin led the charge with $931 million in inflows, pushing its year-to-date total to $30.2 billion. Since the U.S. Federal Reserve started cutting rates, Bitcoin has seen $9.4 billion in cumulative inflows. Ethereum bucked the trend with $169 million in outflows, its first in five weeks, despite strong demand for leveraged products. Solana and XRP inflows cooled to $29.4 million and $84.3 million, respectively, ahead of expected U.S. ETF launches. Regionally, the US dominated with $843 million in inflows, while Germany hit a record $502 million. Switzerland saw $359 million in outflows, mainly from asset transfers between providers. Global ETP trading volu...

In a widely reported development, Coinbase is working with charity Give Directly to provide 160 New Yorkers with $12,000 worth of the stablecoin USDC over six months. The first payment is worth $8,000 with recipients set to receive $800 each month after that. Coinbase and GiveDirectly are calling this a pilot program for what’s known as Universal Basic Income (UBI) — or a sum of money that will be provided to everyone so they can afford shelter, food, and other necessities as jobs begin to dwindle with the advancement of artificial intelligence and robotics. But is this actually a UBI pilot program? The short answer is no. UBI has been examined and experimented with numerous times before. Indeed, negative income taxation was tested in the US and Canada in the ’60s and ’70s with mixed results. Later, pilot programs were initiated in numerous countries. Iran even adopted the concept entirely in 2010, though it’s seen mixed results (the subsidized inc...

Dogecoin (DOGE) has garnered a name for itself beyond just the crypto market. The “Doge” meme that started an online movement has now gone on to become one of the most recognised mascots in the internet’s history. The meme inspired the creation of Dogecoin in December 2013, the original memecoin. Since its launch, DOGE’s value has risen by a substantial amount. Let’s discuss how Dogecoin has turned early investors into millionaires. Early Dogecoin Investors Become Millionaires Source: Reddit According to Changelly’s ROI (Return On Investment) calculator, if you had invested $1500 in Dogecoin (DOGE) on Dec. 16, 2013, the investment would have been worth more than $1.1 million today. Your money would have grown by about 74,081%. Source: Changelly Dogecoin (DOGE) hit an all-time high of $0.7316 on May 8 of 2021. The asset is currently down by 63.5% from its 2021 peak. If you had sold your DOGE tokens when the memecoin was at its peak, you would have made...

Tether has announced that it intends to launch what it describes as a “US-regulated dollar-backed stablecoin” called USAT that will be led by Bo Hines, the former executive director of the President’s Council of Advisers on Digital Assets. The new coin is described as something that “will be designed to comply with the recently enacted GENIUS Act” and “ will leverage the Hadron by Tether ” technology. Hadron is an asset tokenization platform created by Tether that is meant to make it easier for other firms to issue “anything from commodities and corporate equity to government debt, corporate bonds, stablecoins and practically any other valuable asset, even loyalty points.” Tether became a political powerhouse in 2024 Read more: Is the US government allowed to sell gold to buy bitcoin? The announcement on Tether’s website also notes that USAT, like USDT, will rely on Cantor Fitzgerald as a custodian for th...

Although the cryptocurrency market is anticipating Bitcoin (BTC) to target a new high of around $150,000, a market strategist is warning that the asset might plunge to $10,000. This call comes as Bitcoin struggles with volatility, facing challenges in holding onto the $110,000 support. According to Bloomberg Intelligence senior commodity strategist Mike McGlone, the potential for Bitcoin to drop to $10,000 lies in the fact that it is a risk asset, as he stated in an interview with David Lin, published on September 2. “Bitcoin added a zero. I think it loses a zero now. Go back to $10,000. That’s not a big deal in terms of Bitcoin’s history, but for people who own it is. <…> The first time we traded $100,000 was on December 6th. To me, that was a classic sign that you’re supposed to be selling,” McGlone stated.  Bitcoin’s risk status  McGlone noted that Bitcoin has become a clear risk-on asset, with its 48-month corre...

With Bitcoin (BTC) suffering a sharp crash that saw the asset dip below the $110,000 mark, insights from OpenAI’s artificial intelligence (AI) tool ChatGPT-5 suggest that more losses could materialize within weeks. The AI model emphasized that Bitcoin’s short-term outlook points to further downside, with the likelihood of more weakness in September 2025. According to ChatGPT, Bitcoin is currently trading near $110,000 after being rejected at $117,000, facing heavy selling pressure from whales.  Key Bitcoin price levels to watch  It noted that Bitcoin rarely pauses at round numbers, instead seeking liquidity zones, which makes the $106,000 and $108,000 region a likely “bear trap” before a sharper move lower. If support at $112,000 fails, the next key cushion lies between $105,000 and $108,000. A clean break of that range could trigger a quick dip toward $98,000 and $100,000. At the same time, the model highlighted that seasonality adds weight to thi...

China is mulling the release of yuan-backed stablecoins to boost the global use of its currency, according to a report from Reuters. Citing unnamed sources “familiar with the matter,” Reuters says China is in the middle of a major pivot in its stance on digital assets. The sources – who asked not to be named because they’re not supposed to be talking to the media – say that China’s State Council will review and then potentially approve a roadmap later this month for launching the new product and working to catch up with the US on stablecoins. Details of the plan are expected to be publicly revealed in the coming weeks. The country’s regulators and its central bank, the People’s Bank of China (PBOC), are being assigned implementation duties, according to the sources. The global stablecoin market, which is almost entirely dominated by US dollar-pegged products, is at $281 billion. Some industry insiders have speculated that in th...

Ripple (XRP) is a notable cryptocurrency token, the one that keeps on attracting investors due to its compelling product offerings. The token is known for forging a different path, offering vital financial support to the domain of international payments by building XRPL, a blockchain powering fast international transfers on the go. Here are three possible reasons that may help XRP surge beyond $20 if its payment and international transfer sector explodes within the mainstream finance circuit. Also Read: Ripple XRP May Have More Room For Growth Than Bitcoin: Here’s Why 3 Major Events That Could Help Ripple Hit $20 and Beyond 1. Prioritizing Speed Above All Source: Pixabay XRPL, or XRP Ledger, is Ripple’s blockchain powering the international payment and transfer domain. The blockchain is known for offering fast international transfers, beating SWIFT and Visa in facilitating global transactions. The process takes about three to five seconds to complete, which again, is a massive feat whe...

Yesterday, the stunning resolution of a prisoner’s dilemma-type impasse among bitcoin (BTC) miners suddenly slashed a standard BTC transaction minimum by 90%. It’s a staggering admission by miners and users that demand for Bitcoin blockspace has hit a new low. For years, Bitcoin Core and other node software defaulted to a minimum one satoshi per virtual byte (sat/vByte) transaction fee rate for broadcasting transactions. Although the minimum was technically user-configurable — including zero fee transactions through out-of-band payment portals like SlipStream — the one-sat threshold persisted for years as a “cheap enough” convention.  Mining pool operators, happy to enforce the custom of charging customers at least a few cents per standard 140 vByte transaction, also disregarded most bids below one sat/vByte. Motivated by profit to collude and maintain this artificial price floor of one sat/vByte, the market remained there in a metastab...

In a historic milestone for the cryptocurrency market, all Bitcoin (BTC) holders have achieved profitability (or at least broken even), with no investors currently experiencing losses as the digital asset maintains its remarkable 2025 rally. Specifically, the latest on-chain data from crypto on-chain analytics platform IntoTheBlock reveals that 100% of Bitcoin holders are either in profit.  Bitcoin holders’ profit share data. Source: IntoTheBlock The data further reveals the composition of Bitcoin’s holder base, with 76% of wallets having maintained their positions for over a year, 20% of holders between one and twelve months, and just 4% representing recent market entrants. Bitcoin holders time share . Source: IntoTheBlock This, in turn, indicates that the majority of current holders entered their positions at lower price levels, particularly those who accumulated Bitcoin below the $50,000 level throughout 2023 and early 2024.  Bitcoin price analysis...

SHIB price won’t last longer at current levels according to market analyst “Pepe is Friend,” who suggests the meme coin is approaching a critical support zone. Right now, Shiba Inu trades at $0.00001157, and it’s down 0.6% in 24 hours. The Shiba Inu price forecast indicates this stagnation won’t continue, and analysts are pointing to key technical levels that could trigger the next move. Those wondering whether to buy SHIB now should consider that current price action suggests significant movement is imminent, and at the time of writing, the technical setup looks interesting. Source; CoinGecko Also Read: Shiba Inu Could Hit Dogecoin’s Market Cap by 2027, Analysts Claim Why Shiba Inu Price Won’t Last Source: Watcher.Guru The analyst’s assessment reveals why SHIB price won’t last longer at these levels, and market cap Analysis shows a series of lower highs and also lower lows. At the time of writing, Shiba Inu faces a critical support zone ...