The bullish outlook on the price charts after the range low retest was not reflected in the derivatives market.
The Bitcoin price has soared to historic highs this year, but not everyone believes the rally will last. A new warning from a crypto analyst suggests that the world’s largest cryptocurrency could be on the verge of a dramatic price crash, with the possibility of erasing nearly all of its gains and tumbling back to levels not seen in years. Why A 90% Bitcoin Price Crash Could Be Ahead In a recent interview on the David Lin Report, a financial news channel on YouTube, Bloomberg Intelligence senior commodity strategist Mike McGlone issued a stark warning for Bitcoin holders. After years of accurately calling key price levels, including the surge to $100,000, McGlone now predicts that BTC could wipe out more than 90% of its gains, potentially falling back to $10,000 in this market cycle. Related Reading: Pundit Calls Bitcoin Price Crash Below $93,000, Reveals Bear Targets From Here The Bloomberg strategist explained that Bitcoin’s climb to six figures on December 6 marked a major psychological threshold. According to him, that milestone was less a sign of long-term strength and more a signal that the market had overheated. He described the surge as a textbook example of “selling when there’s yelling,” meaning that investors often get caught up in the euphoria at the top. Since Bitcoin crossed $100,000 on December 6, McGlone noted that gold has appreciated roughly 30%, while BTC has added only about 8%. Stock market benchmarks such as the S&P 500 have also posted modest returns in the same period, leaving digital assets struggling to show dominance. McGlone highlighted the growing connection between Bitcoin and broader equity markets, noting that its 48-month correlation with the S&P 500 now stands at 0.6. He suggested that this pattern underscores Bitcoin’s transformation into a risk-on asset, moving in tandem with stock market performance rather than acting as an independent store of value. Adding to his bearish stance, the Bloomberg strategist pointed out that volatility signals are shifting. In August, the Volatility Index (VIX) hit its lowest level of the year at around 14.2, while Bitcoin simultaneously reached new highs. By the end of the same month, volatility spiked again, suggesting that market sentiment may be changing. For McGlone, these signals indicate that investors should prepare for a potential correction phase, with gold likely to continue outperforming BTC and other speculative assets. Analyst Says Bitcoin To $1 Million Is Unlikely During the interview, Lin questioned whether Bitcoin could ever climb to $1 million, pointing to the same logic that took the asset naturally from $10,000 to $100,000. McGlone dismissed the idea, stressing that today’s market environment is fundamentally different and does not support such an outcome. Related Reading: Is The Bitcoin Price Bottom In? Here’s What Social Sentiment Says The Bloomberg strategist explained that when Bitcoin was trading near $10,000, market sentiment was profoundly negative, which created the ideal conditions for a long-term rally. By contrast, at a price above $100,000, the current market is crowded with long positions, making it harder for BTC to sustain upward momentum. In his view, the sheer weight of speculative exposure has left Bitcoin vulnerable to a potential retracement rather than setting the stage for exponential growth. Featured image from Getty Images, chart from Tradingview.com
Spot Bitcoin ETFs returned to strong inflows this week, even as Ethereum funds faced sharp withdrawals, showing a shifting dynamic between the two largest cryptocurrencies. Accord ing to data from SoSoValue , Bitcoin spot ETFs posted a net inflow of $301.3 million on September 3, while Ethereum products shed $135.3 million. Bitcoin ETFs Surge While Ethereum ETFs Reverse August Momentum BlackRock’s iShares Bitcoin Trust (IBIT) led the charge with $289.8 million in fresh inflows, bringing its assets under management to $58.6 billion. Grayscale’s Bitcoin Mini Trust followed with $28.8 million, while Ark Invest and 21Shares’ ARKB logged the day’s steepest outflow at $27.9 million. Source: SoSoValue Across the sector, Bitcoin ETFs now hold a combined $145.2 billion in assets, equal to 6.5% of Bitcoin’s market capitalization, with cumulative inflows reaching $54.8 billion. Among Ethereum ETFs, daily net outflows were led by BlackRock’s flagship ETHA fund, which shed $151.9 million. This was followed by Fidelity’s FETH, which added $65.8 million, and Grayscale’s lower-fee Mini Trust, which attracted $62.5 million. Source: SoSoValue Bitwise logged $20.8 million in fresh inflows, while other issuers such as VanEck, Franklin Templeton, 21Shares, and Invesco saw no major changes. Despite the setback, cumulative inflows across all Ethereum ETFs remain positive at $13.34 billion, with BlackRock accounting for about $13 billion of that total. The surge reverses a trend from August, when Ethereum funds dominated activity. ETH products attracted $3.87 billion in inflows last month compared with $751 million in Bitcoin outflows. Trading volumes showed the divergence, with Ethereum ETF activity jumping to $58.3 billion in August, nearly double July’s total, while Bitcoin volumes slipped to $78.1 billion. Ethereum also posted a new all-time high of $4,953 in August, supported by corporate treasuries holding a combined $119.6 billion of ETH by the end of the month. But September is telling a different story. On August 29, Ethereum ETFs logged $164.6 million in outflows , breaking a five-day inflow streak that had added $1.5 billion. Cumulative inflows remain positive at $13.34 billion, almost entirely concentrated in BlackRock’s ETHA, which accounts for $13.1 billion. Analysts note Ethereum historically struggles in September, citing $46.5 million in ETF outflows during the same month in 2024. Bitcoin, by contrast, gained $1.26 billion that September, benefiting from risk-off positioning. Whales Scoop Up $620M in Ether as Institutions Boost Exposure Despite the latest ETF withdrawals, whale and institutional activity suggest a sustained appetite for Ether. Last week, nine large addresses purchased $456.8 million worth of ETH , with five wallets receiving transfers from custodian BitGo and others acquiring coins through Galaxy Digital. Lookonchain data added that newly created wallets accumulated another 35,948 ETH, worth $164 million, within eight hours, with tokens sourced from FalconX and Galaxy Digital. Whales keep accumulating $ETH . 2 newly created wallets withdrew 34,000 $ETH ($151M) from #Binance and deposited it into #Aave . https://t.co/JLrql2eSkI https://t.co/wU0XaxBFnJ pic.twitter.com/C9JEa01yJw — Lookonchain (@lookonchain) September 4, 2025 Institutions are also active. Bitmine received 14,665 ETH worth $65.3 million from Galaxy Digital, while three wallets received 65,662 ETH, valued at $293 million, from FalconX. Largest Ethereum corporate holder, Bitmine purchased 80,325 ETH from Galaxy Digital and FalconX, valued at $358 million. #Bitmine #EthereumTreasury #ETH https://t.co/UkO379Hnjz — Cryptonews.com (@cryptonews) September 4, 2025 Meanwhile, BlackRock deposited 33,884 ETH , worth $148.6 million, into Coinbase Prime. The activity follows reports that the firm sold $151.4 million in ETH while doubling its Bitcoin purchases, illustrating shifting allocations between the two assets. Ethereum’s relative strength adds context. Over the past month, Ether has gained 18.5%, while Bitcoin has slipped 6.4%. ETH now trades 6.7% below its record high, while Bitcoin remains more than 10% off its $124,500 all-time high earlier this year Analysts pointed out that some long-term Bitcoin holders are taking profits. A whale who bought BTC in 2013 at $332 recently moved 750 coins, worth $83.3 million, to Binance. On-chain watchers suggested the funds could rotate into Ethereum, echoing earlier transactions where whales sold Bitcoin to buy Ether. One such trade this month saw 670 BTC, worth $76 million, converted into 68,130 ETH valued at $295 million. Another long-dormant address withdrew 6,334 ETH, worth $28 million, from Kraken after years of inactivity. Bitcoin Consolidates as Binance Futures Volume Hits $2.6 Trillion Bitcoin (BTC) is trading at $110,778, down 0.7% in the past 24 hours and 1.9% over the week. The asset remains 10.5% below its $124,500 all-time high. Notably, over the weekend, BTC dropped to $107,400, its lowest level in seven weeks, before rebounding to $112,000. Glassnode data shows the correction cooled the “euphoric phase” that began in mid-August, when 100% of Bitcoin’s supply was in profit. Source: Glassnode Sustaining such conditions typically requires strong inflows, which faded by late August. Currently, 90% of supply remains in profit , within the $104,100–$114,300 cost basis range. Glassnode noted that a break below $104,100 could trigger another post-ATH drawdown, while a recovery above $114,300 would indicate renewed demand. Short-term holders saw profits collapse from above 90% to just 42% during the decline. While the rebound restored profitability to over 60% of their supply, analysts warned that the recovery is fragile. Source: Glassnode Glassnode said only a move above $114,000–$116,000, where 75% of short-term holders would be in profit, could restore confidence for a fresh rally. Resistance remains heavy in the $111,700–$115,500 zone, which aligns with the 50-day and 100-day simple moving averages. “BTC has been consolidating below its previous local range and has failed to retake it,” trader Daan Crypto Trades noted on X , adding that the $107,000 monthly low may not hold if selling pressure intensifies. Source: Daan Crypto Trades Source: Daan Crypto Trades Meanwhile, Binance futures trading surged to a record $2.62 trillion in August, up from $2.55 trillion in July, according to CryptoQuant . The spike reflects heightened volatility, increased hedge fund and institutional participation, and rising open interest. Analysts cautioned that while strong derivatives activity indicates liquidity, futures-driven momentum without stable spot inflows often precedes sharp corrections. For now, Bitcoin remains range-bound, with bulls needing to reclaim $114,000 to confirm a stronger recovery. The post Ethereum ETFs Bleed Amid $301M BTC Inflow, Yet Whales Buy More ETH – Here’s Why appeared first on Cryptonews .
Meme coins remain in focus this week, with Dogecoin holding at $0.21 and BONK testing a key support zone. Meanwhile, MAGACOIN FINANCE is drawing attention as a fresher meme coin with utility , offering diversification for those who missed earlier rallies in DOGE and BONK. Dogecoin Still Among the Best Altcoins to Buy at $0.21 Dogecoin, the largest meme coin by market cap, has seen its price slip 1.24% in the past 24 hours to around $0.214. Traders have been cautious after repeated failed attempts to break above the $0.23–$0.24 zone. These rejections triggered liquidations and left Dogecoin consolidating near a key support band. Part of the hesitation also comes from uncertainty around a Dogecoin ETF. While Grayscale, Bitwise, and 21Shares have filed applications, the SEC has yet to provide clarity, leading to muted enthusiasm. Analysts point out that Dogecoin’s “meme asset” tag makes approval less straightforward compared to Bitcoin and Ethereum. Despite this, Dogecoin continues to benefit from its established community, exchange liquidity, and ongoing mainstream integrations. Analysts note that a recovery above $0.221 could re-open the path toward $0.232 and higher. For traders seeking exposure to established meme coins, Dogecoin remains one of the best altcoins to buy , particularly at its current consolidation zone. BONK Retests Support Ahead of Possible Breakout Bonk coin, the Solana-based meme token, is testing its $0.000021–$0.000022 support range. After weeks of cooling off, the price action has formed a triangle structure that traders view as a decisive setup for the next major move. A breakout above $0.000026 could spark renewed momentum, while holding current levels remains crucial for stability. Institutional interest has added credibility to Bonk. Earlier this year, Safety Shot Inc., a NASDAQ-listed firm, allocated $25 million into BONK, marking a rare corporate treasury entry for a meme token. Additionally, ongoing token burn initiatives have consistently reduced supply, with over 10 trillion tokens already destroyed by top wallets. Chart watchers highlight a possible breakout above $0.000026 as the next trigger for upside, with targets extending toward $0.000037 and beyond if volume expands. This potential upside makes BONK another best altcoin to buy as it builds a track record of hype. MAGACOIN FINANCE Among the Best Altcoins to Buy For traders searching among the best altcoins to buy , MAGACOIN FINANCE is being highlighted as the next-generation meme coin with utility . Unlike traditional meme coins that thrive only on hype, this project blends the cultural appeal of memes with real DeFi use cases. Many see it as a fresher alternative for diversification , particularly for those who missed early runs in DOGE and BONK. Analysts argue that MAGACOIN FINANCE could outpace its predecessors, with talk of up to a 40X upside as adoption grows. Positioned at the intersection of meme culture and utility, it has quickly earned attention as the coin that could define the next wave of meme-driven altcoins. How Traders Can Position The meme coin space is evolving quickly. While Dogecoin and BONK remain key players, newer entrants like MAGACOIN FINANCE are reshaping how traders think about the best altcoins to buy. Allocating across both established names and utility-driven meme projects can help balance risk while capturing upside. Those looking for exposure to the next wave of meme coin growth should explore MAGACOIN FINANCE today via its official links: Website: https://magacoinfinance.com X: https://x.com/magacoinfinance Telegram: https://t.me/magacoinfinance Continue Reading: Best Altcoins to Buy: Dogecoin Holds $0.21 and BONK Eyes Breakout After Cooling Off
Ryan Weeks takes a look at the latest wrinkle in what’s been one of the hottest corners in the crypto and stock markets, just as signs of a cooldown start to appear.
According to breaking news, the SEC has postponed its decision on 21Shares' Sui (SUI) spot ETF application. Details are coming… *This is not investment advice. Continue Reading: BREAKING: SEC Releases Update on Anticipated Altcoin Spot ETF
BitcoinWorld Spot Bitcoin ETFs: Figma Unveils Massive $91 Million Investment The world of finance is buzzing with a significant development: design software giant Figma has officially revealed a substantial holding of $91 million in Spot Bitcoin ETFs . This monumental disclosure came during their first earnings report since going public, sending a clear message about the increasing mainstream acceptance of digital assets. For anyone following the cryptocurrency space, this move by a prominent tech company is not just news; it’s a powerful indicator of shifting institutional sentiment towards Bitcoin as a legitimate investment vehicle. What Are Spot Bitcoin ETFs and Why Are They Important? Understanding Spot Bitcoin ETFs is crucial to grasping the magnitude of Figma’s decision. A Spot Bitcoin ETF is an exchange-traded fund that directly holds Bitcoin. Unlike futures-based ETFs, which track Bitcoin’s price through derivatives, a spot ETF aims to mirror the actual market price of Bitcoin by owning the underlying asset. This direct exposure simplifies investment for traditional institutions, removing the complexities of direct crypto custody and regulatory hurdles. The introduction of these ETFs has been a game-changer. They provide a regulated and accessible pathway for large corporations and institutional investors to gain exposure to Bitcoin without needing to manage private keys or navigate less familiar crypto exchanges. This ease of access is a key driver behind the recent surge in institutional interest. Figma’s Bold Move: A Strategic Investment in Digital Assets? Figma’s decision to allocate $91 million into Spot Bitcoin ETFs is a significant statement. As a leading design software company, their foray into cryptocurrency investments reflects a broader trend of tech companies exploring new avenues for treasury management and growth. This isn’t just about holding Bitcoin; it’s about acknowledging its potential as a long-term store of value and a hedge against traditional market volatility. This investment suggests a strategic outlook, where Figma might view Bitcoin not merely as a speculative asset but as a valuable component of a diversified portfolio. Their post-IPO earnings report was the perfect stage to announce such a forward-thinking financial move, potentially inspiring other public companies to consider similar allocations. What Does This Mean for Institutional Crypto Adoption? Figma’s substantial investment in Spot Bitcoin ETFs serves as a powerful validation for the entire cryptocurrency ecosystem. When a company of Figma’s stature makes such a move, it adds immense credibility to Bitcoin as an asset class. It demonstrates that rigorous due diligence has been conducted, and the perceived risks are outweighed by the potential benefits. This can create a domino effect, encouraging other corporations, pension funds, and endowments to explore similar investment strategies. Market analysts are closely watching these developments, as each new institutional player reinforces the narrative of Bitcoin’s maturation. This trend suggests a future where digital assets become an increasingly common feature in corporate balance sheets, moving beyond the realm of niche investments into mainstream financial planning. Navigating the Future: Opportunities and Considerations While Figma’s investment highlights a positive trend, it’s important to consider the broader implications. The increasing adoption of Spot Bitcoin ETFs by corporations like Figma can lead to greater market stability and liquidity for Bitcoin. However, like any investment, there are considerations: Market Volatility: Bitcoin, while maturing, can still experience significant price swings. Regulatory Landscape: The regulatory environment for cryptocurrencies continues to evolve globally. Long-Term Strategy: Companies need a clear long-term strategy for their digital asset holdings. Despite these factors, the overall sentiment remains optimistic. The ease of access provided by Spot Bitcoin ETFs is democratizing institutional entry into the crypto market, paving the way for unprecedented growth and integration into global finance. In conclusion, Figma’s $91 million investment in Spot Bitcoin ETFs is more than just a financial transaction; it’s a landmark event. It underscores the growing confidence among major corporations in the viability and potential of Bitcoin. This move reinforces the narrative that digital assets are here to stay, reshaping traditional investment paradigms and accelerating the pace of institutional adoption. As more companies follow suit, we can expect a continued evolution in how businesses manage their assets and engage with the future of finance. Frequently Asked Questions (FAQs) Q1: What are Spot Bitcoin ETFs? A Spot Bitcoin ETF is an exchange-traded fund that directly holds Bitcoin, allowing investors to gain exposure to Bitcoin’s price without owning the cryptocurrency directly. It aims to mirror the actual market price of Bitcoin. Q2: Why is Figma investing in Spot Bitcoin ETFs? Figma’s investment likely reflects a strategic decision to diversify its treasury, capitalize on Bitcoin’s potential as a long-term store of value, and align with the growing trend of institutional adoption of digital assets. Q3: What does this mean for institutional crypto adoption? This move by a prominent tech company like Figma provides significant validation for Bitcoin as an asset class, potentially encouraging other corporations and institutional investors to explore similar investments, thereby accelerating mainstream crypto adoption. Q4: Are there risks associated with Spot Bitcoin ETFs? Yes, like any investment, Spot Bitcoin ETFs carry risks including market volatility, regulatory changes, and the inherent risks associated with the underlying asset (Bitcoin). However, the ETF structure offers some benefits like regulated custody. Q5: How do Spot Bitcoin ETFs differ from Bitcoin futures ETFs? Spot Bitcoin ETFs hold actual Bitcoin, aiming to track its current market price. Bitcoin futures ETFs, on the other hand, invest in futures contracts that bet on Bitcoin’s future price, not directly holding the cryptocurrency. If you found this insight into Figma’s strategic move compelling, please share this article with your network! Help us spread the word about the exciting developments in institutional crypto adoption by clicking your favorite social media button below. To learn more about the latest crypto market trends, explore our article on key developments shaping Bitcoin institutional adoption. This post Spot Bitcoin ETFs: Figma Unveils Massive $91 Million Investment first appeared on BitcoinWorld and is written by Editorial Team
Strategy S&P 500 inclusion is contingent on meeting objective thresholds—market cap, liquidity and four quarters of positive GAAP net income—yet final approval is decided by the S&P US Index Committee,
The White House confirmed that President Trump signed an executive order to implement the U.S.-Japan trade agreement. The accord establishes a 15% base tariff on the majority of Japanese imports
Ahead of the FOMC September meeting, the labor market continues to embolden a dovish lean