From 2013 through 2024, bitcoin’s September track record has leaned negative, and with August winding down, chatter across social media is filled once again with talk of a “September curse.” From Repo Spikes to Tax Drains: September’s Mix Could Batter Bitcoin Again September 2025 is just three days out, and as usual, traders are already
COINOTAG News on August 29, citing the Jupiter Data Dashboard, reports that over the past 24 hours the Solana issuance platform market-share ranking was led by pump.fun with 83.4%, followed
BitcoinWorld CFTC Overseas Exchanges: A Pivotal New Path for American Clients Are you an American crypto enthusiast or an international exchange looking to expand your reach? A significant development is on the horizon that could reshape how CFTC overseas exchanges operate within the U.S. market. The U.S. Commodity Futures Trading Commission (CFTC) is preparing to release an advisory, aiming to clarify registration rules for international platforms. What Does This Mean for CFTC Overseas Exchanges? Eleanor Terrett, host of Crypto in America, recently shared insights into this upcoming advisory. Essentially, the CFTC intends to create a defined pathway for overseas exchanges. This means they can finally offer their services to American customers in a more structured and compliant manner. For a long time, navigating U.S. regulations has been a complex challenge for non-U.S. crypto exchanges. This new guidance from the CFTC could be a game-changer, fostering greater legal certainty and potentially opening up new avenues for growth. Why is this Regulatory Clarity Crucial? The digital asset landscape is constantly evolving, and clear regulations are vital for both market participants and consumers. This move by the CFTC addresses a critical need for clarity, providing a framework that benefits everyone involved. For Exchanges: It offers a blueprint for compliance, reducing legal ambiguities and potential penalties. For American Customers: It means access to a broader range of services, potentially from platforms with enhanced regulatory oversight, which could lead to increased trust and security. For the Market: It promotes fair competition and could encourage more innovation within a regulated environment. Without clear guidelines, many CFTC overseas exchanges have either avoided the U.S. market entirely or operated in a grey area. This advisory seeks to change that, bringing more of the global crypto ecosystem into a regulated framework. Navigating the New Landscape for CFTC Overseas Exchanges While the advisory promises clarity, it will undoubtedly come with specific requirements. Exchanges will need to understand and adhere to these new rules diligently. This might involve: Implementing robust Know Your Customer (KYC) and Anti-Money Laundering (AML) procedures tailored to U.S. standards. Establishing reporting mechanisms to the CFTC. Potentially adjusting their operational structures to meet U.S. regulatory expectations. This isn’t just about ticking boxes; it’s about building a foundation of trust and accountability. The CFTC’s role is to ensure market integrity and protect participants, and these new rules for CFTC overseas exchanges will reflect that mission. What Challenges Might Arise? Even with a clear path, challenges are inevitable. Overseas exchanges might face: Operational Adjustments: Integrating U.S.-specific compliance into existing global operations can be complex. Cost Implications: Meeting new regulatory standards often requires significant investment in technology, personnel, and legal counsel. Jurisdictional Nuances: Harmonizing home country regulations with U.S. requirements will be a key task. However, the long-term benefits of operating within a regulated U.S. market, including access to a vast customer base and enhanced credibility, will likely outweigh these initial hurdles for many CFTC overseas exchanges . The Future of US Crypto Access with CFTC Oversight This advisory marks a significant step towards a more integrated and regulated global crypto market. It signifies a maturation of the industry, where regulatory bodies are actively working to create frameworks rather than simply reacting to developments. As the details of the advisory emerge, both exchanges and consumers should stay informed. This initiative could unlock unprecedented opportunities for growth and innovation, while simultaneously strengthening investor protection. The CFTC’s proactive approach here is a testament to the growing importance of digital assets in the global financial system. In conclusion, the upcoming CFTC advisory represents a pivotal moment for CFTC overseas exchanges and American crypto users. It promises to demystify the regulatory landscape, paving the way for a more compliant, secure, and accessible digital asset market in the United States. This move could truly redefine the global reach of crypto services for American clients. Frequently Asked Questions (FAQs) Q1: What is the main purpose of the CFTC’s upcoming advisory? A1: The advisory aims to clarify registration rules for overseas exchanges, creating a formal pathway for them to legally offer services to American customers. Q2: How will this benefit American customers? A2: American customers will gain access to a wider range of crypto services from international platforms, potentially with enhanced regulatory oversight, leading to increased trust and security. Q3: What challenges might CFTC overseas exchanges face with these new rules? A3: Exchanges may need to make significant operational adjustments, incur costs for compliance, and navigate the nuances of harmonizing their home country regulations with U.S. requirements. Q4: Will all overseas exchanges be able to serve U.S. clients immediately? A4: No, the advisory will outline specific registration rules and requirements that exchanges must meet to become compliant and serve U.S. clients. It will likely be a process of adherence. Q5: Why is the CFTC taking this step now? A5: The CFTC is responding to the rapid growth of the digital asset market and the need for clear regulatory frameworks to ensure market integrity, protect consumers, and foster responsible innovation. If you found this article informative, please share it with your network! Help us spread the word about these crucial regulatory developments in the crypto space. Your shares empower more people to stay informed and engaged. To learn more about the latest crypto regulation trends, explore our article on key developments shaping US crypto policy and institutional adoption . This post CFTC Overseas Exchanges: A Pivotal New Path for American Clients first appeared on BitcoinWorld and is written by Editorial Team
Kraken has been selected by the U.S. Department of Commerce to facilitate a groundbreaking initiative unveiled this morning by President Donald Trump and Secretary Howard Lutnick. The initiative, which will distribute U.S. gross domestic product (GDP) data on nine major public blockchains, marks a milestone in the use of blockchain technology to enhance transparency in economic data. As part of this historic effort, Kraken has onboarded the Department of Commerce as a client and helped the department procure cryptocurrencies — including Bitcoin (BTC), Ethereum (ETH), Solana (SOL), Avalanche (AVAX), Stellar (XLM), Polygon (POL) and Tron (TRX) — to pay for the transaction fees required for publishing cryptographic proofs of GDP data. By recording hashes of this critical economic information onchain, the Department of Commerce is ensuring that U.S. GDP data is verifiable, tamper-resistant and globally accessible. This sets a new standard for transparency in government reporting. “This is a landmark moment for both our industry and our country,” said Arjun Sethi, Kraken co-CEO. “We commend President Trump and Secretary Lutnick for their vision in bringing this initiative to life, and we are honored to play a role in its execution. By harnessing blockchain technology to distribute GDP data, the U.S. is setting a global example of how transparency, trust and innovation can come together to drive progress.” “Today’s announcement is a powerful example of how government and industry can work together to advance innovation across the global economy,” said Jonathan Jacyhm, Kraken Global Head of Policy and Government Relations. “The message is clear: Blockchain technology is not just the future of financial infrastructure, it is now becoming the present.” The initiative reflects the Trump Administration’s broader commitment to integrating blockchain technology into critical government functions, reinforcing the United States position as a global leader in digital innovation. It also marks a milestone for a G7 economy using public blockchains to disseminate official economic statistics. Kraken remains committed to providing secure, reliable and efficient services to support the Department of Commerce in this project and any future initiatives. Get Started with Kraken The post U.S. Department of Commerce selects Kraken as partner in historic initiative to enhance transparency of economic data appeared first on Kraken Blog .
Bitcoin has returned to the key $112K support level , which now faces intense pressure that could either spark a continuation of the bull run or signal a local peak. Currently, Bitcoin is trading at $112,893, with a 1.38% daily gain. However, trading volume remains moderate at $64 billion, lower than the $300–500 billion volume levels witnessed during peak market activity. Three Key Levels: $92K, $112K, $117K Decide Bitcoin’s Fate Burak Kesmeci, an analyst at CryptoQuant , confirmed that Bitcoin is now operating within a key $109K–$112K range. According to Kesmeci, a weekly close above this zone could reinforce the upward trend, while a close below may trigger an accelerated correction. Bulls vs Bears? Bitcoin’s critical pivot zone at 109K – 112K “The 109K – 112K range is a critical pivot zone in the short term. A weekly close above this region could strengthen the trend, while closing below it may accelerate the correction.” – By @burak_kesmeci pic.twitter.com/AaM1hMNmNT — CryptoQuant.com (@cryptoquant_com) August 28, 2025 The analyst has identified three key price levels deserving attention. The first is $117.3K, representing short-term resistance where underwater investors may look to exit their positions. The second is the current $112K level, serving as a short-term decision point that will determine whether prices advance higher or retreat to the third level, short-term support around $92.4K. Similarly, on-chain analyst Darkfost noted that BTC Supply in Profit has recently fallen below the 90% threshold, a metric that has frequently indicated the onset of corrective phases. “Bull markets typically coincide with more than 90% of supply showing profits. We have now reached this critical 90% threshold,” Darkfost explained. Additionally, heavy selling pressure from whales and institutions through ETFs has weakened bullish sentiment. SosoValue data reveals that U.S. spot Bitcoin ETFs recorded only $81.25 million in net inflows on August 27, a stark contrast to Ethereum ETFs , which attracted $309.48 million during the same time frame. 0.5% Loss Metric Proves Bull Run Still Intact Glassnode data shows that the Relative Unrealized Loss for Bitcoin investors remains at just 0.5%, well below the >30% levels characteristic of bear market extremes. Source: Glassnode This indicates that most holders maintain profitable positions despite mounting short-term pressure. Additionally, during the recent pullback to $109K, Bitcoin touched the “Oversold” territory on the short-term holder MVRV Bollinger Band. On the pullback to $109K, $BTC tapped the ‘Oversold’ zone on the short-term holder MVRV Bollinger Band. The last occurrence was at the $74K bottom in April; since then, BTC is up +51%. pic.twitter.com/cN2FXII4SS — Frank (@FrankAFetter) August 27, 2025 The previous occurrence of this condition was at the $74K bottom in April, after which Bitcoin surged over 50%. Many analysts now view the current situation as a retest phase before the next leg of the bull run commences. Supporting this thesis, corporate treasuries and companies are accumulating Bitcoin at a rate four times the mining rate, adding approximately 1,755 BTC daily, while only 450 BTC enter circulation through mining. Source: River Bitcoin enthusiast CryptoNewton projects that as long as the price remains above the $112K threshold, subsequent targets include $115K, $118K, and $124K. Technical Analysis: $124K Liquidity Sweep Sets Up Next Move The daily BTC/USDT chart displays a clear liquidity-driven pattern. The price recently cleared liquidity near the $124,000 area, establishing a new all-time high before experiencing a sharp reversal. The RSI is climbing from neutral territory, indicating that momentum is recovering following the selloff. Key resistance zones ahead include $114,700 and $116,800. A decisive breakout above $116,800 would clear the path toward $119,500 and potentially establish another attempt at the highs. Conversely, if price fails at this juncture and reverses, a return toward $111,900 remains viable, with $103,000 serving as the deeper invalidation level. The 4-hour BTC/USDT chart reveals a distinct structure between buyer and seller territories. Following a steep decline from the seller zone around $121,000, the price descended into the buyer zone near $111,000 and established support. The support line and buyer zone provided a foundation for recovery, leading to a breakout attempt through the resistance line. The price is currently consolidating just above $111,000 while testing the lower boundary of the $112,400 zone, which serves as short-term resistance. The technical setup suggests that if buyers can sustain momentum above this buyer zone and achieve a clean break through $114,400 resistance, the next target would be approximately $118,000 (TP1), aligning with the projected trajectory. However, failure to maintain levels above $113,000 would increase the probability of retesting the $109,000 buyer zone. The post Bitcoin’s $112K Support Under Fire – Bull Run Pause or Market Top? appeared first on Cryptonews .
Canada’s external accounts swung to a new low in the second quarter as sales to the United States shrank during the trade fight, pushing the country’s current account shortfall to a record. Statistics Canada said Thursday the deficit widened to C$21.16 billion ($15.4 billion) in the April–June period. That is the biggest gap since at least the early 1980s and far larger than the C$1.32 billion hole in the first quarter, when many U.S. buyers stocked up ahead of tariffs. Economists in a Bloomberg survey expected a C$19.3 billion deficit. The result shows that U.S. President Donald Trump’s tariffs have disrupted trade in goods between Canada and the U.S. Goods exports fell back to 2021 levels and dropped 13.1% in the quarter, the agency reported. The goods trade deficit hit a record C$19.6 billion. This was mostly due to lower shipments to the U.S., Canada’s largest market. Shipments to that market fell sharply during the quarter. The current account tracks trade in goods and services plus income and investment flows with the rest of the world. Strong surpluses can lift a currency, while persistent deficits often weigh on it. “Not a great showing for Canada, but it was clearly an exceptional quarter,” said Benjamin Reitzes, rates and macro strategist at Bank of Montreal. “Those flows need to turn positive or the Canadian dollar could be in for a rough ride.” By 10:03 a.m. in Ottawa, the Canadian dollar traded around C$1.377 per U.S. dollar and was roughly 4.5% stronger on the year. U.S. GDP rises, Canadian economy slows A revised release from the Bureau of Economic Analysis on Thursday put U.S. real GDP growth at a 3.3% annualized pace. Soft export performance likely left Canada’s economy flat in the second quarter. Bloomberg’s economist poll points to GDP contracting at an annualized −0.7% pace for that period. Statistics Canada will publish expenditure- and income-based GDP figures on Friday. Trade Minister Dominic LeBlanc said Wednesday, after leaving Washington, that talks had advanced following his meeting with U.S. Commerce Secretary Howard Lutnick. His office said the two met for about 90 minutes on Tuesday in a constructive session that covered concrete proposals already on the table. Further technical talks will now be handled by Canada’s ambassador to the U.S., Kirsten Hillman, who also serves as chief negotiator, and United States Trade Representative Jamieson Greer. Officials said those talks focus on detailed proposals already circulating between the two sides. Canada eased tariffs to reopen dialogue This week’s movement follows Prime Minister Mark Carney’s decision to remove some of Canada’s retaliatory measures , as reported by Cryptopolitan, to step up negotiations aimed at easing pressure from President Trump’s duties on key Canadian industries. Tariffs remain in place on steel, aluminum, autos, and copper for Canada. LeBlanc has said the country’s counter-tariffs were a major sticking point for the Trump administration as both sides work on a new economic and security arrangement. Following Trump’s March move to levy broad duties, Canada responded with 25% tariffs on a wide list of U.S. goods, including oranges, alcohol, and motorcycles. Get $50 free to trade crypto when you sign up to Bybit now
The crypto market is buzzing as investors notice that Shiba Inu and the Dogecoin price are showing weakness while a new project called Remittix is stealing the spotlight. With over $21.6 million already raised from more than 623 million tokens sold at $0.0987, Remittix is drawing serious attention. Traders are asking the question: are SHIB and DOGE slipping because capital is rotating into what could be the next big altcoin breakout? Shiba Inu Struggles To Hold Its Bullish Setup Source: TradingView Shiba Inu has long been a crowd favorite, but its chart suggests hesitation. Trading around $0.00001250 currently , SHIB has developed a Cup and Handle pattern that can accelerate to $0.0000239 in case the resistance at $0.00001710 is breached. The average daily trading volume increased by 118 percent to $361 million signaling that there are still buyers out there. However, not everything is bullish. The $0.0000103 support level is weak, and any fall below this value will negate the bullish case. According to analysts, whale wallets have been dispensing rather than hoarding tokens, which is a burden to long-term growth. While optimism remains in pockets of the community, some holders are already diversifying into Remittix , which promises more than speculative rallies. Dogecoin Price Faces Critical Pressure Source: Ali Martinez The Dogecoin price is also facing turbulence, consolidating around $0.22 and testing the crucial $0.20 support. Technical charts show a symmetrical triangle forming, with $0.25 as the ceiling that must be broken for DOGE to rally higher. Failure to do so could push the token down to $0.19 or even $0.17. Futures data highlights increasing risk. Open interest in DOGE contracts dropped 5 percent to $3.26 billion, while $19 million in long positions were liquidated within 24 hours. This sharp decline reflects weak conviction among traders. Despite Dogecoin’s resilience as a top meme coin, investor capital is clearly rotating toward alternatives offering real-world utility, with Remittix emerging as the standout choice. Remittix Takes The Spotlight As A Viral ICO While Shiba Inu and the Dogecoin price wobble, Remittix has become the headline story in crypto. Raising over $21.6 million already, the project is being hailed as one of the strongest ICOs of 2025. Unlike meme coins, Remittix is building real utility, enabling cross-border payments and providing a mobile-first experience. This has positioned it as more than just hype, it’s a working PayFi solution that institutions and individuals can both use. Why Remittix Is Gaining Buzz Right Now Raised $21.6M, proving strong investor demand even before listings Global payments utility with 40+ crypto and 30+ fiat currencies supported Wallet launch coming soon with instant FX conversion features Viral growth with over 20% referral rewards, boosting community size Anticipation of its second major CEX listing as it nears the $22M milestone These drivers explain why many investors believe Remittix could deliver 100x returns, similar to Shiba Inu in its early days, while also offering real-world use cases that DOGE never achieved. A Market Rotation In Progress The story unfolding here is about market rotation. As traders grow cautious about the Dogecoin price and Shiba Inu’s ability to sustain momentum, Remittix is emerging as the alternative with substance. By combining viral growth with genuine utility, it has managed to attract not just retail speculation but also early institutional curiosity. If this continues, it could set a new standard for how PayFi tokens dominate the next cycle. Discover the future of PayFi with Remittix by checking out their project here: Website : https://remittix.io/ Socials : https://linktr.ee/remittix $250,000 Giveaway : https://gleam.io/competitions/nz84L-250000-remittix-giveaway
The firm focuses on application-specific stablecoins.
BNB price recorded a brief uptick of over 1.5%, trading near $875 at the time of the report from COINOTAG News. The move represented short-term intraday momentum as market participants
Bitcoin price prediction: Cardano founder Charles Hoskinson says Bitcoin could reach $250,000 this cycle, driven by Bitcoin-based DeFi, institutional purchases and clearer U.S. regulation — a move he believes could