Monster XRP Transfer Sparks Buzz as Liquidity Demand Surges According to market analyst Xaif Crypto, a massive XRP transfer has just made waves across the crypto community. On-chain data shows that 59,022,680 XRP, valued at roughly $177.8 million, was moved by Binance, one of the world’s largest cryptocurrency exchanges. The eye-catching transaction underscores a surge in liquidity demand that may carry significant implications for both XRP traders and the broader market. Large-scale transfers like this often fuel speculation, from institutional accumulation to exchange redistributions. With XRP breaking out of a prolonged consolidation and bullish momentum reigniting, the timing of this sudden liquidity surge has intensified market intrigue and sharpened focus on potential upside targets. XRP, long recognized for its real-world utility in cross-border payments, is gaining renewed momentum as demand for faster, cheaper transactions rises worldwide. Therefore, a nearly $178 million transfer underscores surging liquidity needs, signaling growing confidence from both institutional and retail players in XRP’s role as a bridge currency. Xaif Crypto emphasized that liquidity is the lifeblood of any digital asset market. For XRP, massive transfers of this scale often reflect growing confidence in its role as a fast, efficient settlement asset. The sheer size of the move signals that major players are strategically positioning themselves as competition intensifies in digital finance. XRP Breaks Free From Consolidation, Targets $4.50 as Momentum Builds XRP has surged back into focus, breaking out of a months-long consolidation. Crypto analyst CasiTrades sees this as a pivotal moment, with technical indicators pointing to growing momentum and significant upside potential for the token. The breakout confirmation is currently being tested around the $3 level, a key psychological and technical zone. Sustaining price action above this point could set the stage for a strong move higher. For many traders, this level represents the dividing line between XRP’s prolonged sideways trading and a new bullish cycle. CasiTrades added, “Once XRP clears $3.00, the next areas to watch are $3.08 and $3.27. Both are equally valid at this point. What I'm watching for is the major fib levels to turn to support. So, breaking to either of these prices will set up a clean backtest to the key fib levels.” Looking ahead, Fibonacci extensions from the larger consolidation pattern remain intact, with projections pointing toward the $4.50 zone. This target has gained traction among analysts, not only due to the technical framework but also because of the growing bullish sentiment across the broader crypto market. If achieved, it would represent a major milestone for XRP, further solidifying its recovery from the drawn-out periods of stagnation that have frustrated investors in recent years. However, before XRP can attempt a run toward $4.50, market participants will closely watch the $3.65 level, the token’s previous high. CasiTrades notes that this area will likely serve as the retest point, potentially acting as resistance before a full breakout can occur. Successfully flipping $3.65 into support would provide a strong confirmation that the next leg upward is underway. Conclusion XRP’s breakout from months of consolidation signals a potential turning point for the token. With the $3 level acting as the first confirmation and $3.65 poised as a critical retest, technical indicators point toward the $4.50 zone as the next major target. Meanwhile, the $177.8 million XRP transfer by Binance highlights the growing intensity of liquidity demand in the market, signaling that major players are positioning for potential moves ahead. Whether this marks the start of a bullish surge or a strategic reshuffle, one thing is clear that XRP is firmly back in the spotlight, and traders and investors alike will be watching closely as the market reacts to this unprecedented flow of capital.
Polymarket is taking a new approach to how some markets are resolved, giving Chainlink authority over some of its users’ price predictions.
As cryptocurrency segment is in green, meme cryptos are yet again leading recovery
Music and entertainment firm LiveOne (NASDAQ: LVO) reported that its disclosed Bitcoin holdings have surpassed $5 million, according to a GlobeNewswire release dated September 13. The company’s statement confirms a
Dogecoin golden cross on the four-hour chart signals renewed bullish momentum: DOGE is trading at $0.2639 (+5.75% 24h) and up 24% weekly, supported by renewed ETF optimism and large corporate
Bitcoin (BTC) registered a modest recovery over Wednesday and Thursday, crossing the $115,000 level and settling at $115,540. However, it faces major overhead resistance above $116,000 but holds several key support levels below. The flagship cryptocurrency must hold $115,000 to ensure the recovery, but faces a key test between $116,000 and $120,000. Bitcoin ETFs Register $2 Billion In Inflows In September US-listed spot Bitcoin ETFs have seen a resurgence this month after a bruising August, which registered heavy redemptions as market sentiment wavered. According to data from SoSoValue, the 12 Bitcoin ETFs registered substantial inflows in six of the first eight trading sessions of the current month. The investment vehicles have registered over $1.7 billion over the past four sessions alone, indicating a resurgence of investor interest. The recovery is in sharp contrast with August, which registered $751 million in outflows. Andre Dragosch, head of research at Bitwise, highlighted that daily net inflows have become one of the strongest factors in determining Bitcoin price action. Dragosch stated, “Since early 2024 and the US ETF approvals, daily net flows have shown a significantly stronger correlation with subsequent returns, underscoring the extent to which institutionalized demand via ETPs now shapes price discovery.” BTC crossed $115,000 thanks to a recent resurgence after weeks of weak price action. “Bitcoin ETPs have become far more than an investor's convenience. They are now a crucial determinant of market liquidity, performance, and the evolution of Bitcoin’s broader ecosystem.” Smarter Web Eyes “Struggling” Competitors Smarter Web Company, the UK’s largest corporate Bitcoin (BTC) holder, is exploring the acquisition of distressed competitors to acquire their Bitcoin holdings at a discount. The Smarter Web Company is the UK’s largest corporate Bitcoin holder, with over £200 million in crypto reserves. The announcement comes despite a 73% drop in share price since a mid-June peak. Andrew Webley, the founder of the company, stated, “There’s one that’s very attractive, there’s one that I’ve got my sights on at the moment.” Smarter Web has pivoted dramatically from its web design business, embarking on a Bitcoin accumulation strategy called the “10-year plan.” It currently holds 2,470 BTC worth £200 million, crossing the 2,000 BTC milestone in July. The company claims its aggressive strategy has helped it gain a 49,198% year-to-date Bitcoin yield, putting it among the top 25 global Bitcoin holders. Bitcoin (BTC) Price Analysis Bitcoin (BTC) has reclaimed the $115,000 level after Consumer Price Index (CPI) and Producer Price Index (PPI) buoyed market sentiment. Markets expect an imminent rate cut following the FOMC meeting, boosting BTC’s price. The flagship cryptocurrency rose over 2% on Wednesday and 1.37% on Thursday to cross $115,000 and settle at $115,540. However, it is marginally down during the ongoing session. While it has reclaimed the $115,000 level, BTC has failed to sustain its recovery thanks to weak spot demand and falling ETF inflows. According to Glassnode’s Week Onchain report, the main focus is shifting to the derivatives market. According to the market intelligence firm, futures traders are helping absorb the recent sell pressure. “Attention now shifts to derivatives markets, which often set the tone when spot flows weaken. Going forward, the evolution of derivatives positioning will be critical to navigating the market in this low spot-liquidity environment.” Options open interest (OI) reached an all-time high of $54.6 billion, up 26% from the $43 billion on September 1. This suggests growing investor interest in the derivatives market, which could have a positive impact on price action. Options data also shows a bias towards calls over puts, indicating the market is leaning towards bullish and managing downside risk. Glassnode stated in its analysis, “Both futures basis and options positioning reflect a more balanced structure than in past overheated phases, pointing to a market advancing on firmer footing.” Ongoing concerns about labor market weakness have strengthened the chances of a rate cut by the Federal Reserve. Markets believe there is an 11% chance the rate cut will be more than the expected 0.25%. The Koebeissi letter noted in a post on X that markets are pricing in a larger rate cut, “Markets are now pricing in 75 basis points of rate cuts by year-end. While CPI inflation continues to rise, the labor market is simply too weak to ignore. Next week will be a big week.” Prominent crypto market commentators believe a rate cut is all but imminent, with one popular trader stating, “PPI much lower than expected, CPI as expected. Conclusion: Inflation is not as bad as expected - bring on the rate cut later this month. News now behind us, time to resume the scheduled programme: higher.” BTC registered a sharp drop on Friday (August 29), dropping nearly 4% to $108,378. The price recovered on Saturday, rising 0.41%, but was back in the red on Sunday, falling 0.53% to settle at 108,247. Price action was positive on Monday as BTC rose almost 1% to cross $109,000 and settle at $109,240. Bullish sentiment intensified on Tuesday as the price rallied, increasing 1.84% to cross $111,000 and settling at $111,247. BTC posted a marginal increase on Wednesday, rising 0.46% to $111,756. Despite the positive sentiment, the price lost momentum on Thursday, dropping to an intraday low of $109,321 before settling at $110,720. Source: TradingView BTC rallied to an intraday high of $113,390 on Friday but could not stay at this level. As a result, it fell to $110,670, ultimately registering a marginal decline. Price action was mixed over the weekend, with BTC falling 0.41% on Saturday and settling at $110,212. It recovered on Sunday, rising nearly 1% to reclaim $111,000 and settle at $111,129. Buyers retained control on Monday as BTC reached an intraday high of $112,940. However, it could not remain at this level and fell to $112,072, ultimately rising 0.85%. BTC lost momentum on Tuesday, dropping 0.47% to $111,549. Bullish sentiment returned on Wednesday as BTC rallied, rising over 2% to cross $113,000 and settle at $113,983. Buyers retained control on Thursday as the price rose 1.37% to cross $115,000 and settle at $115,540. BTC is marginally down during the ongoing session, trading around $115,313. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
Altcoin season continues to show rotation into tokens tied to specific catalysts . Price action this week has been concentrated in assets supported by institutional participation, corporate partnerships, and protocol integrations. Pudgy Penguins, Solana, and Jupiter stand out as three trending tokens where news and liquidity flows have combined to generate momentum. Pudgy Penguins benefits from a cross-sector partnership with a U.S.-listed company. Solana has seen large inflows from major financial players. Jupiter is adding demand through wallet integrations that extend its reach. Together, these three projects illustrate how altseason gains traction when projects link to real drivers of attention and usage. Pudgy Penguins (PENGU): Partnership Brings Solana Exposure PENGU is trading near $0.036 , showing strength after a new partnership announcement. Sharps Technology, listed on the Nasdaq under the ticker STSS, confirmed a strategic agreement with Pudgy Penguins to expand connectivity to Solana’s treasury infrastructure. STSS also disclosed the acquisition of more than 2 million SOL, valued at around $400 million. The partnership is designed to open Pudgy Penguins’ community to broader asset flows and institutional exposure. The link between a U.S.-listed company and a meme-culture brand has drawn attention in both traditional and digital markets. Price gains in the days following the news suggest traders are treating the collaboration as a validation of Pudgy Penguins’ presence in Solana’s ecosystem. Solana (SOL): Institutional Buying Adds Fuel According to CoinMarketCap, Solana is trading around $240, with a market capitalization of nearly $130 billion and a daily trading volume of $11.9 billion. SOL has gained more than 6% in the last 24 hours and about 15% over the past week. Galaxy CEO @novogratz : Solana can do…more transactions than equities, fixed income, commodities and FX markets Solana szn pic.twitter.com/3snLPrgAht — Solana (@solana) September 11, 2025 The latest surge is tied to large institutional purchases. Galaxy Digital acquired roughly $326 million worth of SOL for Multicoin’s digital asset treasury strategy. Reports suggest Galaxy still holds over $1.3 billion in cash and stablecoins to continue building the position. This buying scale has created sustained demand for Solana, reinforcing its position as a leading Layer-1 network in current altcoin season activity. Jupiter (JUP): Wallet Integration Boosts Access Jupiter is priced near $0.56 . Its market capitalization is about $1.73 billion, and the circulating supply is around 3.11 billion tokens. Daily volume is close to $77 million. JUP has risen around 5% in the last 24 hours and about 11% in the past seven days. The token benefits from Jupiter Lend’s expansion, which has been integrated into Binance Wallet. This update allows users to earn yield through Jupiter’s lending service directly from within the wallet. The easier access point creates potential for more users to participate, giving JUP additional utility and helping sustain its price momentum during altseason rotations. Altcoin Season Outlook These three tokens illustrate the current stage of altcoin season. Pudgy Penguins shows how community-driven brands can connect to institutional frameworks. Solana demonstrates the impact of large treasury allocations from major financial firms. Jupiter shows how protocol integration into widely used wallets can expand participation. Altcoin season is moving through these different tracks at once. Traders are responding to catalysts that create verifiable demand, whether through corporate deals, institutional inflows, or expanded usability. The result is a market where single tokens surge on clear news and integration events, shaping the selective but active rotation that defines altseason today. The post Altcoin Season Intensifies as Pudgy Penguins, Solana, Jupiter Rally – Here’s Why appeared first on Cryptonews .
Solana futures open interest has surged to about $16.6 billion, reflecting rising institutional and retail demand for Solana exposure and stronger activity in DeFi and NFT markets; this surge indicates
Ethereum (ETH) trader sees "monster candle" on horizon, and here's why it is possible
Bitcoin’s mining power and network difficulty surged to highs this week, as market optimism for a bull rally grows ahead of US interest rate decisions to be made at the September 16-17 FOMC meeting. According to data from Bitinfocharts, Bitcoin’s hash rate, the total computational power securing the network, reached 1.12 billion terahashes per second (TH/s) on Friday. The steep rise is one of the highest escalations in network activity since the onset of BTC mining. Bitcoin difficulty chart. Source: Coinwarz Mining difficulty has also simultaneously climbed to 136.04 trillion (T) at block 914,374. Difficulty measures how hard it is for miners to solve the cryptographic puzzles that allow new blocks to be added to the chain. The metric adjusts every 2,016 blocks, roughly every two weeks, in line with the pace of mining. Over the past seven days, Bitcoin’s difficulty has recorded little to no changes, but in the last month, it rose 5.10%. Over 90 days, it is up 7.62%, per recent data from Coinwarz. Next difficulty adjustment in sight, another increase imminent The next difficulty adjustment is scheduled for September 18, according to CoinWarz projections, which put the increase at 6.38%, pushing the figure to 144.72T. As of today, it would take 5,548.8 days to mine a single Bitcoin under prevailing conditions, assuming a hashrate of 390.00 TH/s, power consumption of 7,215 watts, electricity costs of $0.05 per kilowatt-hour, and the current block reward of 3.125 BTC. Varun Satyam, co-founder of decentralized finance platform Davos Protocol, said in an interview on Friday that such conditions often force “smaller or inefficient miners to scale back, while larger, efficient operators hold or even accumulate, preparing for the rally to recover their capex.” Satyam also mentioned that hash rate spikes after halving events have historically preceded Bitcoin price bull charges. He propounded that a slump in selling pressure from miners, mainly due to BTC’s current pricing at $115,000, combined with a supportive macroeconomic backdrop, could clear a route for Bitcoin’s upward momentum. The US Federal Reserve is set to announce its latest interest rate decision on September 17. Markets expect a 25 basis point cut as CPI and job data show a slowdown in the US economy, more reason for softness. Miners turn to accumulators Bitcoin miner reserves hit a 50-day high of 1.808 million BTC on September 9, according to CryptoQuant. The uptick could mean that miners are choosing to hold rather than sell their holdings. Analyst and contributor Arab Chain reported that transfers of Bitcoin from miners to exchanges have tanked since the start of September, with cumulative deposits nearing 56,000 BTC. The drop points to miners favoring over-the-counter (OTC) trades for large transactions or simply retaining coins in reserves. This contradicts the occurrences of previous market cycles when miners tended to liquidate aggressively ahead of halving events or late-stage bull markets. Historically, spikes in the Miners’ Position Index (MPI) signaled these waves of selling pressure. Now, with institutional adoption growing and US spot Bitcoin exchange-traded funds (ETFs) established, miners appear more willing to accumulate and ride market cycles, bearish or favourable. Yet, the increasing cost of mining squeezes operators working with thin profit margins in fear that only the largest firms with access to cheap energy and capital will be competitive. Alongside miners, the so-called “sharks” wallets holding between 100 and 1,000 BTC absorbed 65,000 BTC in the past week alone. Their total holdings now stand at a record 3.65 million BTC, even as the price consolidated near $112,000. KEY Difference Wire helps crypto brands break through and dominate headlines fast