By Omkar Godbole (All Times et unless indicated otherwise)
A day after the US IPC report. UU., The feeling of the market remains optimistic, since merchants expect the Fed to reduce interest rates three times this year, starting next week.
Cryptography Pundits Wait Bitcoin To achieve a new high life. Do not forget, it is less than a month, since it reached a record of around $ 124,500. However, true emotion focuses on Altcoins such as XRP and Sol that probably exceed market leaders, BTC and Ether (Eth).
“The bullish market is far from being exhausted. The treasures of strong public assets and the expectations of the Fed rates cuts provide a macro support backdrop, while institutional entries and the growing regulatory clarity continue to add fuel,” wrote Ryan Lee, the chief analyst in Bitget, in an email.
“The possible approval of the ETF of Sun and Sol Spot could serve as an important catalyst, unlocking billions in a new demand and reinforcing confidence in digital assets as a kind of conventional assets,” Lee wrote.
They are not the only ones, with Le Shi, the managing director of the Auros Market Manufacture firm, marking BNB and exaggeration as interest tokens after reaching the maximum of all time.
“Beyond that, the broadest [digital asset treasury] The narrative continues to attract both capital and conviction, with sun, hype and cro among the key tokens to track, “Shi said.
Other observers highlighted the Defi Ethena’s E ENA protocol as an outstanding currency since Fed reduces rates in the coming months.
Speaking of institutional demand, Polygon Labs, the team behind the polygon ecosystem, is working with Cypher Capital, an investment firm of digital assets, to expand institutional access to its native token, Pol.
“We are seeing the sustained demand for institutional investors for digital assets that generate the performance backed by the activity of the real network,” Aishwary Gupta, head of global payments, exchanges and active assets of the real world in Polygon Labs, said in a statement.
In other key news, the performance in the 10 -year Treasury note. UU. It seems that it will decrease below 4%, an upward development for markets.
“… we headed to 3.80%,” said the founders of the Crypto LondonCryptoclub Bulletin Service in X. “This is a reversal in the narrative of recent weeks and it is another good tail wind for Bitcoin and risk in general.”
Meanwhile, Blockchain Lookonchain detective pointed out the purchase of continuous whales in the hype, which has already won more than 5% in seven days to reach a record greater than $ 56.
In traditional markets, the dollar index looms in recent ranges despite the growing probabilities of faster feed rate cuts. Is the expected flexibility already baked? Stay alert!
What to see
- Crypto
- September 12: Gemini’s space station, the exchange of cryptocurrencies of the Winklevos Twins, begins to operate in the Nasdaq Global Select Low Ticker Gemi market.
- September 12: Rex-Osprey Dogecoin ETF begins to trade at CBOE BZX Exchange under Ticker Doje.
- Macro
- September 12: Uruguay Q2 Pib Growth Est. N / A (Previous 3.4%).
- Earnings (Estimates based on data data)
Token events
- Government votes and calls
- Hyperlichid to vote who emits your USDH Stablecoin. The vote takes place on September 14.
- Curve Dao is voting to update the Twocrypto contracts enabled for donations, refining the award of donation so that the unlocked portions persist after Burns. The vote ends on September 16.
- You unlock
- September 15: Starknet (STRK) Unlock 5.98% of its circulating supply for a value of $ 17.09 million.
- September 15: SEI Unlock 1.18% of its circulating supply for a value of $ 18.06 million.
- Lanza Token
- September 12: Unibase (UB) Be on the list in Binance Alpha, Mexc and others.
Conferences
Token talk
By Oliver Knight
- One of Thorchain’s founders, a decentralized network that allows users to send assets through blockchains, was pirate this week after being deceived by a Deepfake video call in Zoom.
- “It’s fine, this attack finally manifested. An old metamasta had been cleaned,” Jpthor wrote in X.
- Peckshield said that $ 1.2 million were stolen from a Thorchain user, and Zachxbt added that the perpetrator is linked to the computer pirates of North Korea.
- Thorchain emerged as one of the most popular washing tools in North Korea earlier this year; The researchers estimated that 80% of the income of a $ 1.4 billion trick in Bybit had been diverted through Thorchain and protocols such as Vultisig.
- Thorchain’s Token (RUNE) It is quoting around $ 1.28, since it has lost 14% of its value in the last month and more than 90% since it reached its maximum of March 2024 of $ 12.95.
- The trick involved a mixture of social engineering and phishing, two techniques that contributed to the $ 2.5 billion stolen by hackers in the first half of 2025.
Derivative positioning
- The open interest in futures linked to the 10 main cryptocurrencies increased 3% -5% in the last 24 hours, since the expectations of strengthening the feat cuts of the Fed drive merchants to assume more risk.
- Even so, the market does not seem overheated, with annualized perpetual financing rates for important currencies that continue around 10%. Positive financing rates indicate a bullish bias among merchants. Extremely high values typically the foam of the signal market.
- OI in Pengu, one of the best performance files of the last seven days, reached a record of 7.78 billion currencies, validating the price increase. Financing rates for the currency are slightly elevated by around 15%.
- The smallest chips, such as Sky and Pyth, have deeply negative financing rates, a bias sign towards low and low positions.
- CME Bitcoin’s futures are finally seeing an increase in OI, ending a decline of several weeks, while Ether OI has retired to a minimum of one month of 1.78 million ETH. These divergent trends could be a sign of renewed merchant approach in BTC. BTC and ETH options remain high at multimantal maximums.
- In Deribit, BTC and ETH options continue to show a bias towards the expiration of December, despite the fact that merchants set approximately five interest rate cuts from the United States in July next year.
Market movements
- BTC increased 0.53% of the 4 pm et on Thursday to $ 115,049.85 (24 hours: +0.79%)
- ETH has increased 2.21% to $ 4,515.82 (24 hours: +1.89%)
- COINDESK 20 has increased 1.82% to 4,289.35 (24 hours: +1.72%)
- The rethinking rate composed of Ether Ether rises 6 bp with 2.86%
- BTC’s financing rate is at 0.0085% (9,2549% annualized) In Binance
- DXY has risen 0.22% to 97.75
- Gold futures have increased 0.23% to $ 3,682.20
- Silver futures rose 1.68% to $ 42.85
- Nikkei 225 closed 0.89% to 44,768.12
- Hang Seng closed 1.16% to 26,388.16
- Ftse has risen 0.32% to 9,327.33
- Euro Stoxx 50 has dropped 0.3% to 5,370.54
- Djia closed Thursday with 1.36% at 46,108.00
- S&P 500 closed 0.85% to 6,587.47
- The Nasdaq compound closed 0.72% to 22,043.07
- The S&P/TSX compound closed 0.78% to 29,407.89
- S&P 40 Latin America closed 1.31% to 2,859.93
- The 10 -year Treasury rate of US increases 2.5 bp to 4,036%
- E-mini s & p 500 futures have dropped 0.12% to 6,584.75
- E-mini nasdaq-100 futures have not changed to 24,013.25
- The average industrial e-mini jones index has dropped 0.2% to 46,049.00
Bitcoin statistics
- BTC domain: 57.95% (-0.55%)
- Bitcoin ether ratio: 0.03930 (1.75%)
- CONEHRATE (seven -day mobile): 1,046 eh/s
- Vegetable patch (place): $ 53.67
- Total rates: 3.96 BTC / $ 453,051
- Cme future open interest: 139,355 BTC
- BTC with a gold price: 31.6 oz
- BTC vs Gold Market Cap: 8.94%
Technical analysis
- The XRP price seeks to establish a support point above the upper end of a consolidation pattern of the descending triangle of months.
- If you succeed, impulse hunters will probably join the market, accelerating the rise to maximum record.
Cryptographic equities
- Global coinbase (COIN): closed on Thursday at $ 323.95 (+2.73%)+0.66% at $ 326.10 in pre-market
- Circle (CRCL): closed at $ 133.7 (+17.6%)+0.88% at $ 134.88
- Galaxy Digital (GLXY): closed at $ 28.87 (+10.7%)+1.7% at $ 29.36
- Bullish (BLsh): closed at $ 53.99 (+2.6%)+2.2% at $ 55.18
- Mara Holdings (Mara): closed at $ 15.71 (-0.95%)+0.57% at $ 15.80
- Riot platforms (RIOT): closed at $ 15.65 (-4.57%)+0.58% at $ 15.74
- Core scientist (Corz): closed at $ 15.55 (-2.75%)+0.64% at $ 15.65
- Clean park (CLSK): closed at $ 10.2 (+1.69%)+0.1% at $ 10.21
- Coinshares Valkcoin Bitcoin Miners ETF (Wgmi): closed at $ 35.67 (+0.51%)
- Exodus movement (Exod): closed at $ 28.86 (+4.98%)-1.18% at $ 28.52
Crypto Treasury Companies
- Strategy (Mstr): closed at $ 326.02 (-0.13%)+0.81% at $ 328.65
- Semler Scientific (SMLR): closed at $ 28.54 (+1.86%)+1.51% at $ 28.97
- Sharplink Gaming (Sbet): closed at $ 16.36 (+1.68%)+3.06% at $ 16.86
- UPEXI (UPXI): closed at $ 5.68 (+4.03%)+13.73% at $ 6.46
- Lite strategy (LITS) (previously Mei Pharma): closed at $ 3.07 (+10.43%)
ETF flows
Spot BTC ETFS
- Daily net flow: $ 552.7 million
- Cumulative net flows: $ 56.15 billion
- Total BTC holdings ~ 1.30 million
Spot Eth Ethfs
- Daily net flow: $ 113.1 million
- Cumulative net flows: $ 12.97 billion
- Total eth holdings ~ 6.42 million
Source: Farside Investors
Figure of the day
- The picture shows the percentage of Dogecoin (DOGE) Current supply that has been active in the period of one year.
- The number of currencies that have been transferred or transactions have been made in the last year remains in Multimonth minimums about 43%. The count reached its maximum point in almost 75% in November 2021 and has been falling since then.
- The decrease indicates an investor change to the retention strategy and a reduction in speculative negotiation.
While you sleep
