COINOTAG News (Sept 8) — Coinglass data show that over the past 24 hours the liquidation volume of SOMI, MYX and WLFI individually exceeded that of Bitcoin. SOMI surged roughly
El Salvador marked the fourth anniversary of its Bitcoin Law by purchasing 21 BTC, increasing its sovereign reserves to 6,313.18 BTC—valued at about $701 million—continuing a buy-and-hold strategy despite IMF
Bitcoin price is struggling to recover above $111,500. BTC is now consolidating and might decline if there is a move below the $110,000 level. Bitcoin started a recovery wave above the $110,500 zone. The price is trading below $111,000 and the 100 hourly Simple moving average. There is a bullish trend line forming with support at $110,500 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might start another decline if it stays below the $111,500 zone. Bitcoin Price Struggles To Recover Bitcoin price started a fresh recovery wave above the $112,000 zone but upside was limited. BTC peaked near $113,500 and started a fresh decline. There was a move below the $112,000 and $115,000 levels. The price even tested the $110,000 zone. The recent low was formed at $110,039 and the price is now consolidating . There was a move above the 23.6% Fib retracement level of the recent decline from the $113,372 swing high to the $110,039 low. However, the bears are active below the $112,000 level. Bitcoin is now trading below $111,000 and the 100 hourly Simple moving average. Besides, there is a bullish trend line forming with support at $110,500 on the hourly chart of the BTC/USD pair. Immediate resistance on the upside is near the $111,250 level. The first key resistance is near the $111,700 level or the 50% Fib retracement level of the recent decline from the $113,372 swing high to the $110,039 low. The next resistance could be $112,580. A close above the $112,580 resistance might send the price further higher. In the stated case, the price could rise and test the $113,500 resistance level. Any more gains might send the price toward the $114,200 level. The main target could be $115,000. Another Drop In BTC? If Bitcoin fails to rise above the $112,000 resistance zone, it could start a fresh decline. Immediate support is near the $110,500 level and the trend line. The first major support is near the $110,000 level. The next support is now near the $109,350 zone. Any more losses might send the price toward the $108,500 support in the near term. The main support sits at $107,500, below which BTC might decline sharply. Technical indicators: Hourly MACD – The MACD is now losing pace in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now below the 50 level. Major Support Levels – $110,500, followed by $109,350. Major Resistance Levels – $112,000 and $112,580.
El Salvador marked the fourth anniversary of its Bitcoin Law with a 21 BTC purchase, with holdings now worth $701 million.
On September 8, El Salvador reported the purchase of an additional 21 bitcoins in celebration of Bitcoin Day, raising its publicly disclosed holdings to 6,312.18 bitcoins, with a valuation of
BitcoinWorld Bitcoin Solo Mining: One Miner’s Astonishing $347K Triumph! Imagine hitting the jackpot against astronomical odds. That’s precisely what happened to one fortunate individual who achieved a remarkable Bitcoin solo mining triumph recently. This incredible feat saw a single miner successfully find a Bitcoin block, securing a substantial reward of 3.129 BTC, valued at approximately $347,980 at the time of the report by Cointelegraph. This story isn’t just about money; it’s a testament to the unpredictable, yet thrilling, nature of cryptocurrency. What Exactly is Bitcoin Solo Mining? At its core, Bitcoin solo mining involves an individual attempting to validate a block of transactions on the Bitcoin blockchain entirely on their own, without joining a mining pool. When a miner successfully validates a block, they are rewarded with newly minted Bitcoins and transaction fees. In a world dominated by large mining farms and pools, going it alone is like buying a single lottery ticket when everyone else is buying millions. Here’s a quick breakdown: Solo Mining: One miner, one chance. They keep the entire block reward if successful. Pool Mining: Many miners combine their computational power. Rewards are shared proportionally based on contributions. The vast majority of Bitcoin mining today occurs in pools because the network’s difficulty is incredibly high. This makes the solo miner’s success exceptionally rare and truly noteworthy. The Incredible Odds: Why This Bitcoin Solo Mining Feat is So Rare The probability of a single miner with a modest amount of hash power finding a block is minuscule. Bitcoin’s network difficulty adjusts approximately every two weeks to ensure blocks are found, on average, every ten minutes. As more miners join and computational power increases globally, the difficulty rises. This means a solo miner needs an extraordinary stroke of luck to be the first to solve the complex cryptographic puzzle. Consider these challenges for Bitcoin solo mining : High Hash Rate Requirement: The global hash rate is enormous, requiring immense computational power to compete effectively. Electricity Costs: Running powerful mining equipment consumes significant energy, which can quickly outweigh potential earnings without consistent block rewards. Hardware Investment: Specialized Application-Specific Integrated Circuit (ASIC) miners are expensive, making the initial investment substantial for solo operations. This recent success highlights that while the odds are stacked, the possibility, however remote, still exists for the determined individual. A Glimpse into the Miner’s Journey: How Did They Achieve This Bitcoin Solo Mining Win? While the specifics of this particular miner’s setup remain private, their success is a testament to perseverance and, undeniably, immense luck. They were likely running a powerful mining rig, dedicating its entire hash power to the solo endeavor. For a solo miner to find a block, their equipment must be running efficiently, constantly searching for the correct hash value that validates the next block. The reward for this successful block validation was a significant 3.129 BTC. This amount includes the standard block subsidy (currently 3.125 BTC after the recent halving) plus any transaction fees associated with the block. For this individual, it represents a life-changing sum, turning a speculative venture into a lucrative windfall. Beyond the Block: What Does This Bitcoin Solo Mining Success Mean? This remarkable event serves as a powerful reminder of Bitcoin’s decentralized nature and the potential for unexpected rewards within the crypto ecosystem. It inspires many, showcasing that even in an industry dominated by institutional players, individual contributions can still lead to monumental outcomes. It reinforces the dream for many enthusiasts who dabble in crypto, proving that the ‘little guy’ can indeed win big. The story of this successful Bitcoin solo mining effort resonates deeply within the community, sparking conversations about the future of mining and the enduring appeal of Bitcoin. It underscores the unique blend of technology, economics, and chance that defines the world of digital assets. This rare triumph in Bitcoin solo mining stands as a beacon of hope and a fascinating anomaly in the cryptocurrency landscape. It reminds us that while the odds are long, the potential for extraordinary success remains, captivating the imagination of miners and enthusiasts alike. This single event adds another captivating chapter to Bitcoin’s rich history, demonstrating that sometimes, against all expectations, the solo journey can lead to the greatest rewards. Frequently Asked Questions (FAQs) 1. How difficult is it to solo mine Bitcoin? It is extremely difficult. The global Bitcoin network hash rate is immense, meaning a solo miner has a minuscule chance of finding a block compared to joining a mining pool. 2. What is the reward for mining a Bitcoin block? After the April 2024 halving, the base block reward is 3.125 BTC, plus any transaction fees included in the block. This miner received 3.129 BTC in total. 3. Is solo mining Bitcoin profitable? For most individuals, solo mining is not profitable due to high electricity costs and the low probability of success. Mining pools offer more consistent, albeit smaller, payouts. 4. What equipment do you need for Bitcoin solo mining? You need specialized hardware called ASIC (Application-Specific Integrated Circuit) miners, which are designed specifically for Bitcoin mining. These can be expensive and consume significant power. 5. What does ‘halving’ mean in Bitcoin mining? Halving is a programmed event that cuts the reward for mining new blocks by half. It occurs approximately every four years and reduces the rate at which new Bitcoins are created, contributing to its scarcity. If this astonishing story of a solo miner’s success has captivated your interest, share it with your friends and fellow crypto enthusiasts on social media! Let’s spread the word about the incredible possibilities within the world of digital assets. To learn more about the latest Bitcoin mining trends, explore our article on key developments shaping Bitcoin’s price action. This post Bitcoin Solo Mining: One Miner’s Astonishing $347K Triumph! first appeared on BitcoinWorld and is written by Editorial Team
Good Morning, Asia. Here's what's making news in the markets: Welcome to Asia Morning Briefing, a daily summary of top stories during U.S. hours and an overview of market moves and analysis. For a detailed overview of U.S. markets, see CoinDesk's Crypto Daybook Americas. Bitcoin treasury companies were the talk of the town during the recent BTC Asia conference in Hong Kong, and onchain data shows they hold more than ever in their virtual coffers, but a new report from CryptoQuant highlights that they are being a bit more cautious in their crypto buys. CryptoQuant data shows aggregate BTC treasury holdings hit 840,000 BTC this year, led by Strategy with 637,000 BTC. Yet the average purchase size has collapsed: Strategy bought just 1,200 BTC per transaction in August, while other firms averaged 343 BTC. Both figures are down 86% from early 2025 highs, signaling smaller, more hesitant buys that suggest liquidity constraints or waning conviction. The numbers show a striking divergence. Transaction activity is near record levels, 53 deals in June and 46 in August, but each deal involves far less bitcoin. Strategy acquired only 3,700 BTC in August compared to 134,000 BTC at its peak last year, while other treasury firms slipped to 14,800 BTC from highs of 66,000 BTC. The decline in average deal size suggests treasuries are still active but unwilling to commit large blocks of capital, reflecting both liquidity constraints and a more cautious market psychology. All of this should be considered a concern for investors, as BTC's price growth in the second quarter of the year was largely driven by accumulation by treasury companies, CoinDesk Indices data shows . By late August 2025, institutions were absorbing more than 3,100 BTC a day against just 450 mined, creating a 6:1 demand-supply imbalance that underscored how relentless institutional buying was driving bitcoin's price higher, CoinDesk reported at the time. This slouching demand raises the risk that the current price strength may be less sustainable if treasuries continue buying cautiously rather than at scale. That's not to say that there isn't growth in the BTC Treasury sector. It's just smaller. Bitwise reports that 28 new treasury companies were formed in July and August alone, collectively adding more than 140,000 BTC. Meanwhile, Asia is emerging as the next front for digital asset treasury companies as Taiwan-based Sora Ventures has launched a $1 billion fund to seed regional treasury firms, with an initial commitment of $200 million. Unlike Metaplanet, Asia’s largest public treasury firm with 20,000 BTC on its balance sheet, Sora’s vehicle will pool institutional capital to support multiple entrants. Whether Asia’s new wave offsets the shrinking bite sizes of incumbents in accumulation is now the central question for the next phase of bitcoin adoption – and where the price is going. Market Movement BTC: Bitcoin remains resilient around the $110K–$113K range, supported by expectations of Federal Reserve rate cuts, increasing institutional inflows via ETFs, and improved market sentiment amid macroeconomic uncertainty ETH: Ethereum is trading near the $4,300 level. Its short-term weakness, with a 3.8% weekly decline, is ascribed to ETF outflows and seasonal subdued trading in September. However, longer-term outlook remains positive, buoyed by institutional interest, growing staking activity, and speculative forecasts targeting $4,600–$5,000 if resistance breaks Gold: Gold is rallying to record levels amid a combination of weak U.S. jobs data, heightened Fed easing expectations, a soft U.S. dollar, political and economic uncertainty, and continued central bank accumulation of bullion. Nikkei 225: Asia-Pacific stocks mostly rose Monday, with Japan’s Nikkei 225 up 1.5% after Prime Minister Shigeru Ishiba resigned following pressure from his election defeat. Elsewhere in Crypto Chainlink CEO Sees Tokenization as Sector's Rising Future After Meeting SEC's Atkins ( CoinDesk ) Why SharpLink's CEO Thinks Bitcoin Creator Satoshi Nakamoto Will Return ( Decrypt ) The Funding: Why crypto VCs are betting on prediction markets now ( The Block )
BitcoinWorld Altcoin Season: Decoding the Crucial Index Standing at 52 Are you wondering if it is time for your favorite alternative cryptocurrencies to shine? The crypto market is always buzzing with possibilities, and understanding key indicators can provide a significant edge. Currently, the Altcoin Season Index, a crucial barometer for market sentiment, stands at 52. This score offers fascinating insights into the ongoing dynamics between Bitcoin and the broader altcoin market. Understanding the Altcoin Season Index: What Does it Measure? The Altcoin Season Index, provided by CoinMarketCap, serves as a vital tool for investors to gauge the performance of altcoins relative to Bitcoin. It offers a clear snapshot of market dominance shifts, which can heavily influence investment strategies. Here is how the index works: It meticulously compares the price performance of the top 100 cryptocurrencies by market capitalization. Crucially, it excludes stablecoins and wrapped coins to ensure a focus on genuine market movement. This comparison is made against Bitcoin’s performance over the past 90 days. A score closer to 100 suggests stronger conditions for an Altcoin Season , indicating that a significant portion of altcoins are outperforming Bitcoin. Conversely, a lower score might point towards a ‘Bitcoin Season,’ where the pioneer cryptocurrency leads the market. Is it an Altcoin Season or a Bitcoin Season? Decoding the Score of 52 So, what does an Altcoin Season Index of 52 truly mean for the current market? According to the index’s methodology, an ‘altcoin season’ officially kicks in if 75% of these top 100 coins outperform Bitcoin. On the other hand, the opposite scenario is considered a ‘Bitcoin season.’ A score of 52 indicates a fascinating middle ground. It is neither a full-blown altcoin season nor a dominant Bitcoin season. Instead, it suggests a balanced, perhaps transitional, period where: Some altcoins are performing well, showing strength against Bitcoin. However, a substantial portion of altcoins are either underperforming or simply keeping pace with Bitcoin. This creates a nuanced environment, requiring careful consideration from investors. This neutral stance can present unique opportunities for those who conduct thorough research and identify promising projects. Navigating the Market: Strategic Moves During a Balanced Altcoin Season An Altcoin Season Index at 52 calls for a strategic approach rather than broad-stroke investments. While the overall market might not be overwhelmingly bullish for altcoins, specific sectors or individual projects could still offer significant gains. This period emphasizes the importance of fundamental analysis and understanding market narratives. Consider these actionable insights: Deep Dive Research: Focus on altcoins with strong fundamentals, active development, and clear use cases. Do not simply follow the hype. Diversification: Instead of betting big on a few, consider a diversified portfolio across different altcoin categories like DeFi, NFTs, or Layer 2 solutions. Risk Management: Volatility remains a constant in crypto. Set clear entry and exit points and manage your risk exposure effectively. Monitor Bitcoin Dominance: Keep an eye on Bitcoin’s dominance chart. A decreasing dominance often precedes or accompanies a stronger Altcoin Season . This balanced market can be challenging, but it also rewards diligent investors who are not afraid to look beyond the surface. Beyond the Index: Other Indicators to Watch for a Thriving Altcoin Season While the Altcoin Season Index provides a concise metric, smart investors also consider other factors to get a holistic view of the market. These additional indicators can offer further confirmation or warning signs, helping you refine your strategy. Key indicators to complement the index include: Bitcoin Dominance Chart: When Bitcoin dominance falls, it often signals that capital is flowing from Bitcoin into altcoins. Overall Market Sentiment: Tools that measure fear and greed can provide insights into investor psychology. Volume Across Altcoins: Increased trading volume in a wide range of altcoins suggests growing interest and liquidity. Technological Advancements: Breakthroughs or significant upgrades in specific altcoin ecosystems can trigger individual rallies, even outside a general Altcoin Season . By combining these insights with the Altcoin Season Index, you gain a more robust understanding of market conditions and can make more informed decisions. The Altcoin Season Index standing at 52 paints a picture of a nuanced crypto market. It is a period demanding strategic thinking and informed decisions, rather than passive observation. While not a definitive ‘altcoin season,’ it certainly highlights opportunities for those willing to research and navigate the complexities. The crypto landscape is ever-evolving, and staying informed with tools like this index is paramount for successful investing. Embrace the insights, manage your risks, and prepare to seize the moments when altcoins truly shine. Frequently Asked Questions (FAQs) 1. What is the Altcoin Season Index? The Altcoin Season Index is a metric that tracks the performance of the top 100 cryptocurrencies (excluding stablecoins and wrapped coins) against Bitcoin over the past 90 days. It helps determine if altcoins are collectively outperforming Bitcoin. 2. How is the Altcoin Season Index calculated? It is calculated by comparing the price performance of the top 100 cryptocurrencies by market capitalization (excluding stablecoins and wrapped coins) against Bitcoin over the last 90 days. If 75% of these altcoins outperform Bitcoin, it signals an altcoin season. 3. What does an Altcoin Season Index of 52 signify? A score of 52 indicates a neutral or transitional market period. It is not a full-fledged altcoin season (which requires a score of 75 or higher), nor is it a dominant Bitcoin season. It suggests mixed performance among altcoins, with some outperforming and others lagging. 4. How should investors react to the current Altcoin Season Index score? Investors should approach the market strategically. This period calls for thorough research into individual altcoin projects, diversification, and robust risk management. It is an opportunity for selective investments rather than broad market bets. 5. What’s the difference between an Altcoin Season and a Bitcoin Season? An Altcoin Season occurs when 75% or more of the top 100 altcoins (excluding stablecoins/wrapped coins) outperform Bitcoin over a 90-day period. A Bitcoin Season is the opposite, where Bitcoin significantly outperforms most altcoins. 6. Are there other indicators to watch alongside the Altcoin Season Index? Yes, other important indicators include Bitcoin dominance, overall market sentiment (e.g., Fear & Greed Index), trading volume across various altcoins, and significant technological developments within specific altcoin ecosystems. To learn more about the latest crypto market trends, explore our article on key developments shaping Altcoin Season price action . Did you find this analysis helpful? Share your thoughts and insights on the current Altcoin Season Index with your network! Let’s continue the conversation and help others navigate the exciting world of cryptocurrency. Share this article on your favorite social media platforms! This post Altcoin Season: Decoding the Crucial Index Standing at 52 first appeared on BitcoinWorld and is written by Editorial Team
COINOTAG News reports that on September 8, on-chain analytics firm LookIntoChain observed wallet 0xa523 flip from a long exposure to a short position on ETH after realizing losses in excess
BitcoinWorld Crypto Fear & Greed Index: A Crucial Shift to Neutral The cryptocurrency market is buzzing with a significant development: the Crypto Fear & Greed Index has officially moved into “Neutral” territory, registering a score of 51. This seven-point jump from the previous “Fear” rating suggests a noticeable shift in investor sentiment. But what exactly does this mean for you, and how should we interpret this pivotal change? Let’s explore the fascinating world of market psychology and its impact on digital assets. Understanding the Crypto Fear & Greed Index: What Does It Measure? The Crypto Fear & Greed Index , provided by Alternative.me, serves as a crucial barometer for market sentiment. It condenses complex market data into a single, easy-to-understand score, ranging from 0 to 100. A score closer to 0 signals “Extreme Fear,” often indicating that investors are overly worried and potentially presenting a buying opportunity. Conversely, a score near 100 represents “Extreme Greed,” suggesting the market might be overheated and due for a correction. This index isn’t just a random number; it’s a sophisticated aggregation of several key market indicators: Volatility (25%): Measures current Bitcoin price fluctuations and drawdown compared to average levels. Market Volume (25%): Analyzes current trading volume and market momentum. Social Media Mentions (15%): Tracks the number and sentiment of crypto-related posts across various platforms. Surveys (15%): Gathers investor sentiment directly through polls (currently paused). Bitcoin Dominance (10%): Assesses Bitcoin’s share of the total crypto market cap. A rising dominance often indicates fear, as investors flee to BTC as a safe haven. Google Search Volume (10%): Examines search trends for crypto-related terms, indicating public interest and potential FOMO. By combining these diverse data points, the Crypto Fear & Greed Index offers a holistic view of the collective emotional state driving the market. Why is the Shift to Neutral Significant for the Crypto Fear & Greed Index? The recent move from “Fear” to “Neutral” on the Crypto Fear & Greed Index is more than just a numerical change; it reflects a palpable shift in investor psychology. When the market is gripped by fear, many investors tend to sell their holdings, often at a loss, driven by panic. This can lead to downward price spirals. However, a neutral stance indicates a period of balanced emotions. It suggests that extreme pessimism is subsiding. While euphoria isn’t rampant, there’s a growing sense of stability and cautious optimism. This neutral zone can be a fascinating period for traders and investors alike. It might signal: Reduced Volatility: With less extreme emotional swings, prices could become more stable, offering clearer trading patterns. Consolidation: Assets might trade within a range, allowing for accumulation or strategic positioning. Uncertainty: While not fearful, investors are also not fully committed to a bull run, leading to indecision and sideways movement. For many, the neutral zone represents a “wait and see” approach. Market participants are evaluating new information before committing to significant bullish or bearish positions. It’s a pause, a moment for reflection before the next big move. Navigating the Market with the Crypto Fear & Greed Index: What’s Next? Understanding the Crypto Fear & Greed Index is a powerful tool, but it’s essential to use it wisely. While a shift to neutral is encouraging, it doesn’t guarantee an immediate bull run. Experienced traders often use this index as a contrarian indicator: buying when others are fearful and selling when others are greedy. The current neutral position suggests that neither extreme is dominating, making it a nuanced time for decision-making. Here are some actionable insights for navigating this neutral phase: Combine with Other Indicators: Never rely solely on one metric. Pair the Crypto Fear & Greed Index with technical analysis (like moving averages or RSI) and fundamental analysis to gain a comprehensive view. Stay Informed: Keep an eye on broader economic news, regulatory developments, and major project updates, as these can quickly shift sentiment. Consider Your Strategy: If you’re a long-term investor, a neutral market might be an opportune time for dollar-cost averaging. Short-term traders might look for range-bound strategies. Manage Risk: Even in a neutral market, volatility can return. Always use stop-losses and only invest what you can afford to lose. The market is constantly evolving, and the Crypto Fear & Greed Index provides a snapshot of its current emotional pulse. A neutral reading offers a window of opportunity for thoughtful, rather than reactive, investment decisions. Conclusion: Embrace Informed Decisions The Crypto Fear & Greed Index reaching 51 and settling into a “Neutral” state marks a significant psychological turning point for the cryptocurrency market. It signals a move away from widespread panic and towards a more balanced, albeit cautious, outlook. While this doesn’t predict the future, it offers valuable insight into the collective mindset of investors. By understanding what drives this index and combining it with other analytical tools, you can better position yourself to navigate the dynamic world of digital assets. Stay vigilant, stay informed, and always make decisions based on thorough research, not just emotion. To learn more about the latest crypto market trends, explore our article on key developments shaping Bitcoin price action. Frequently Asked Questions (FAQs) Q1: What is the Crypto Fear & Greed Index? A1: The Crypto Fear & Greed Index is a tool that measures the current sentiment of the cryptocurrency market, ranging from “Extreme Fear” (0) to “Extreme Greed” (100), based on various market factors. Q2: How often is the Crypto Fear & Greed Index updated? A2: The index is typically updated daily by its provider, Alternative.me, reflecting the latest shifts in market sentiment. Q3: Does a “Neutral” reading on the Crypto Fear & Greed Index mean the market will go up? A3: Not necessarily. A “Neutral” reading indicates a balance between fear and greed, suggesting neither extreme is dominating. It often precedes periods of consolidation or indecision, rather than guaranteeing a specific price movement. Q4: Can I rely solely on the Crypto Fear & Greed Index for trading decisions? A4: It’s not recommended to rely solely on any single indicator. The Crypto Fear & Greed Index is best used in conjunction with other technical and fundamental analysis tools to form a comprehensive trading or investment strategy. Q5: What factors influence the Crypto Fear & Greed Index? A5: Key factors include market volatility, trading volume, social media sentiment, Bitcoin’s market dominance, and Google search trends related to cryptocurrencies. Did you find this analysis of the Crypto Fear & Greed Index helpful? Share this article with your friends and fellow crypto enthusiasts on social media to help them understand market sentiment better. Your insights can contribute to a more informed crypto community! This post Crypto Fear & Greed Index: A Crucial Shift to Neutral first appeared on BitcoinWorld and is written by Editorial Team