Just as the crypto market turns bullish again, Bitcoin’s price appears to have sprung back to life as the largest digital asset reclaims above the $115,000 threshold. Even with news of US PPI reports, BTC maintained above this level, and trading activity on the Binance platform experienced a notable surge. PPI Report Sends Bitcoin Taker Volume Skyrocketing Over the past few days, Bitcoin Taker Buy Volume on Binance, the world’s largest cryptocurrency exchange, was a bit down, as BTC’s price struggles with bearish pressure. However, recent macroeconomic news and conditions have greatly ignited the key metric to levels not seen in quite a while. Darkfost, a market expert and author, has reported a massive surge in Bitcoin taker buy volume on Binance, signaling heightened trading activity and renewed market momentum. Such a sharp uptick highlights a shifting mood as traders position themselves around important price levels and demonstrates vigorous engagement from both buyers and sellers. It is worth noting that the BTC taker buy volume on Binance saw this dramatic increase following the release of the United States Producer Price Index (PPI) data on Wednesday. After the PPI data was published, the crucial metric that measures investors’ trading recorded a staggering $500 million in taker volume. What’s interesting about this $500 million surge in taker volume is that the massive figure was achieved in just 1 minute. Darkfost highlighted that the surge reflects a sudden and significant change in trading sentiment, demonstrating how susceptible cryptocurrency is to macroeconomic triggers. Given that liquidity frequently flows straight into Binance’s derivatives market , this further emphasizes the close connection between cryptocurrency and macroeconomics. In the end, this correlation shapes price action in the short term and captures the immediate response of global investors. US PPI Data Surpasses The Expectations Of Analysts In the X post, Darkfost noted that the recently released report carries the first data providing insights into the evolution of US inflation following the recent revisions to the NFP. This event unexpectedly eliminated 910,000 job creations, which was more than expected, raising further questions about the strength of the labor market. According to the market expert, the PPI results were far better than anticipated, with a CORE PPI YoY of 2.8% and a MoM reading of -0.1%. While clearly beating forecasts from analysts, this data further reinforces the idea that inflationary pressures might be beginning to subside. As a result, the markets immediately reacted on the upside, with Bitcoin in particular. At the time of writing, Bitcoin continues to demonstrate bullish action, with its price now trading at $115,374. While the crypto asset’s price has increased by nearly 3% in the last 24 hours, its trading volume is slowly turning bearish, declining by more than 6% within the same time frame.
According to COINOTAG News on September 12, Centrifuge, a protocol focused on RWA tokenization, has launched the tokenized assets deJAAA and deJTRSY on the Solana blockchain. The new tokens are
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Tether, the USDT issuer, is making big changes to its operations, adding Bo Hines, a former crypto advisor to President Donald Trump, as CEO of its American division and launching a new dollar-pegged cryptocurrency designed specifically for US institutions. Tether’s New USAT Token Hines, who previously led the Presidential Council of Advisors for Digital Assets, began advising Tether in August, following a brief tenure at the White House. Under his leadership, Tether US will be headquartered in Charlotte. In conjunction with Hines’s appointment, the stablecoin issuer is introducing a new token called “USAT,” which will operate under the recently signed GENIUS Act, which aims to provide a new regulatory framework for the fast-growing stablecoin sector in the country. While the firm’s USDT, the largest stablecoin by trading volume, continues to serve global markets, USAT is specifically designed to cater to businesses and institutions that require compliance with US regulations. The launch of USAT will utilize Tether’s proprietary tokenization platform, Hadron. Anchorage Digital will serve as the issuer of USAT, while Cantor Fitzgerald has been designated as the reserve custodian and preferred primary dealer. Paolo Ardoino Highlights USAT Token’s Tether’s CEO, Paolo Ardoino, emphasized the importance of the firm’s new USAT token, highlighting its role in building trust and improving accessibility in the digital economy. Ardoino added: For over a decade, Tether – as the creator of the stablecoin industry – has issued USDT, the backbone of the digital economy, and today the US dollar stablecoin for hundreds of millions of underserved people living in emerging markets, proving that digital assets can deliver trust, resilience, and freedom on a global scale Ardoino reiterated Tether’s dedication to ensuring the dollar remains central in the digital age, stating, “USAT is our commitment to ensuring that the dollar not only remains dominant, but thrives.” Featured image from DALL-E, chart from TradingView.com
Cardano has again captured market attention as analysts weigh in on its potential for a breakout. Top voices expect a steady climb toward $2 once the $1.25 resistance is broken. However, while ADA continues to build bullish setups, global experts are increasingly pointing to another PayFi project, Remittix (RTX) , as the best crypto investment of 2025. Cardano News: ADA Price Predictions Heat Up Fresh Cardano news shows that ADA trades near $0.87 after defending key support levels around $0.76. Analysts tracking the charts see a clear ascending channel intact, with upside targets forming at $1.05 and $1.25 in the short term. Cardano Price Chart | Source: Shelby via X Futures activity has surged, with open interest topping $2.5 billion, the highest since 2021. Grayscale’s ETF plan is fueling the bullish case, which includes staking ADA directly within its upcoming Cardano fund. Analysts agree that ADA looks primed for growth, though projections are generally in the 2–4x range for the coming cycle. If momentum continues, experts project breakout targets at $2.08 and even $3.13, representing significant upside from current levels. Remittix: The PayFi Project Breaking New Ground While ADA sets up for potential gains, many experts believe the asymmetric upside lies with Remittix (RTX) . Built to revolutionize global payments, Remittix allows users to send 40+ cryptocurrencies directly into bank accounts across 30+ countries, with transfers settling in under 24 hours. The utility doesn’t stop there: ● Remittix Pay API enables businesses and freelancers to accept crypto but receive fiat instantly.● Privacy by design ensures payments appear as standard bank transfers.● Q3 Wallet Beta, debuting September 15, will put the technology directly in users’ hands. Momentum is already building. Remittix has raised over $25,2 million in presale, selling 658 million tokens and secured confirmed listings on BitMart and LBank. With liquidity locked for 3 years and a full Certik audit completed, investors treat RTX as a rare mix of innovation and security. Why Analysts Call RTX the Best Crypto To Buy Now Experts are tipping RTX as one of the top crypto investments of 2025. Here’s why: ● Massive Market: Cross-border payments exceed $183 trillion annually.● Utility-First: 40+ cryptos in, fiat out, seamless for retail and businesses.● Exchange Listings: BitMart and LBank confirmed and more CEXs are expected.● Community Growth: Alongside the $250,000 Giveaway, Remittix has launched a new Referral Program. Users can now earn 15% in USDT for every referral purchase, claimable daily via the dashboard, giving investors real cash rewards while helping the ecosystem grow. For ADA holders seeking diversification, RTX represents the early-stage play with 20x–50x potential that established tokens can’t offer. With its September wallet launch and expanding community incentives, Remittix is positioning itself as the project to watch in 2025. 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 Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
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Salvadoran president and Bitcoin advocate Nayib Bukele says he buys 1 BTC per day. The IMF says he doesn't. Who's wrong?