The California governor is stepping up his mockery of President Trump's crypto ventures.
Chainlink price is consolidating near $23.42 and must clear the $24.85 resistance to confirm a bullish breakout toward $30; traders should watch daily closes above $24.85 and support near $21
RAK Properties will accept cryptocurrency for international property purchases, allowing payments in Bitcoin (BTC), Ether (ETH) and USDT, with payments processed and converted to UAE dirhams by Hubpay to settle
Cryptocurrency analyst Benjamin Cowen made remarkable predictions about Bitcoin (BTC) and the altcoin market in his latest published assessment. According to Cowen, BTC dominance may soon find the bottom and enter an uptrend again. Cowen stated that the Bitcoin price faces three possible scenarios in the coming period, and that all of these scenarios have historically increased BTC dominance: If BTC Takes Support from 20-Week Moving Average (20W SMA) Cowen stated that if Bitcoin gains support from this average and begins to rise, it will lead to a bull market and BTC dominance will increase. He argued that this scenario could be similar to what happened in 2017. BTC Fails to Hold 20-Week Moving Average (20W SMA) and Falls to 50-Week Moving Average According to the analyst, such a scenario could seriously impact altcoins. “If BTC drops by 10%, most altcoins would lose more than 30% of their value,” Cowen said, adding that this could raise concerns about the health of the bull market. Related News: Experienced Expert Shares Key Level for Bitcoin Price: “As Long as It Stays Below This Level, Bears Will Dominate the Market” If BTC Stays Sideways Above 20W SMA Throughout September Cowen stated that altcoins will gradually lose value in this case, and that BTC dominance will increase again. He drew attention to a similar scenario that occurred in 2020. Cowen concluded: “Whichever direction BTC/USD moves, it's likely that BTC dominance will bottom out and begin to rise very soon. We're at the beginning of the last major rotation into Bitcoin in this market cycle.” *This is not investment advice. Continue Reading: Will Bitcoin (BTC) Dominance Decline? Will It Trigger an Altcoin Season? Analyst Shares 3 Possible Scenarios
The US M2 broad money supply kept expanding in August, reaching a new historical high. The metric also correlates with the growth of BTC, which is often seen as an alternative to a debased currency. The US M2 money supply reached a new peak at the end of August, with $22.13 trillion reported as of August 26. The next reporting period is expected in a month. The M2 metric is up from $22.02T at the end of July, with a slow trend of expansion. M2 broad money kept growing, adding $1T in the past year, with gradual monthly expansion. The metric is watched for its potential to precede BTC rallies, based on inflows of liquidity in the US and the global economy. | Source: Trading Economics Since August 2024, the M2 metric has grown without stopping, adding another $1T to the bottom line. At the same time, BTC prices closely tracked the liquidity expansion, reaching an all-time peak above $124,000. The July bull market also rode on the back of another monthly uptick in M2, as Cryptopolitan previously reported . With another monthly expansion, BTC can fluctuate around its close M2 correlation. Usually, BTC has up to 90 days of lag when tracking the M2 chart. During correction periods, BTC lags behind M2, but catches up with the trend . The 2021 crypto boom also coincided with one of the most rapid M2 expansions in the past five years. Global money supply also boosts BTC The global money supply also expanded actively in 2025, with increased liquidity in China and 19 other central banks. Since January, the M2 global supply added $7T, for a total of 112T . The expansion of BTC in the past three months followed the active growth stage of the global M2, once again showing a pattern of tracking the additional liquidity. BTC also rises in correlation with stablecoin inflows, but those also reflect the overall market confidence and the trends of liquidity seeking new forms of investment. The M2 correlation, however, mostly holds during bull cycle phases. The relatively high M2 supply in 2022 and 2023 did not prevent a relatively long bear market, which was caused by internal crypto events. BTC tracks global asset expansion The BTC correlation to low interest rates and growing liquidity also means the asset tracks both gold and the S&P500 index. During the latest expansion, all three asset types retained a common trend. BTC, for now, does not outperform other asset classes, despite short-term historical rallies above the trend of stocks. BTC currently stands at $109,175, showing a gap with stocks and the latest additions to the M2 global and US-based supply. Historically, this gap between the BTC value and the M2 growth has set up expectations for sparking a new rally in the coming months. M2 is watched to determine the potential cycle peak for BTC. Currently, BTC is still close to its all-time high, but there are expectations for a year-end rally and new price records. BTC still faces pressures from crypto insiders, and may not track the M2 metric as closely during periods of increased turbulence. Despite this, M2 is watched for its general trend and the long-term effect on all markets. If you're reading this, you’re already ahead. Stay there with our newsletter .
Ethereum (ETH) may undergo a short-term pullback toward the 21-week EMA near $3,500 before resuming its rally, analysts say; a $1 billion whale buy and 286,000 ETH of spot ETF
A fresh wave of token releases is set to hit the crypto market this week, with more than $453 million worth of major assets scheduled to enter circulation. Data from the Tokenomist website shows significant cliff unlocks for Ethereum Name Service (ENS), Immutable X (IMX), and Elixir (ELX), alongside daily linear distributions impacting heavyweights like Solana (SOL), Dogecoin (DOGE), and Avalanche (AVAX). Unlocks Add Supply Pressure Across Key Projects ENS leads this week’s unlocks, with about $213 million worth of tokens scheduled to hit the market, an amount that makes up just over 3% of its circulating supply. It is followed by IMX with an upcoming release valued at about $55 million, accounting for slightly more than 1%of its supply. Among projects experiencing steady daily linear releases, Solana will see close to $100 million added to its supply, while the Worldcoin project is set to make available around $32 million worth of its native WLD token. Meanwhile, DOGE will activate more than 96 million new coins valued at $19.79 million, with Celestia preparing to introduce an additional 6.96 million TIA tokens priced at about $13 million. Avalanche will also expand its supply by roughly $16 million, and Sui will contribute 3.01 million coins worth just under $10 million. Combined, these events form part of the broader $4.7 billion in token unlocks expected throughout September. Historically, cliff unlocks often lead to volatility when sudden supply hits the market without matching demand. On the other hand, linear schedules can provide a more gradual release, and with multiple high-value unlocks overlapping this week, traders are advised to keep an eye out for short-term turbulence, especially in lower-liquidity tokens. Market Impact: Eyes on Solana and Dogecoin Solana stands out as both a beneficiary of bullish technical momentum and a project facing a notable unlock. As recently reported by CryptoPotato , on-chain data shows nearly $4 billion worth of SOL accumulated around $180, with additional treasury purchases adding support. Analysts suggest the golden cross could fuel further upside if buying pressure absorbs the fresh supply, though resistance near $0.002 BTC remains a test. Elsewhere, Dogecoin’s outlook is less clear. The OG meme coin is consolidating below $0.23, a breakout level that analyst Ali Martinez has flagged as pivotal for short-term rallies. And with close to $20 million in new tokens entering circulation this week, the added supply could weigh on the asset unless bullish sentiment returns. The post Major Crypto Projects to Unlock $453M in Tokens This Week appeared first on CryptoPotato .
The United Arab Emirates has become a hot spot for the crypto industry as clear regulatory frameworks and no tax on crypto profits has driven interest in digital assets.
Cardano price is trading at $0.8297 inside a rising channel; a decisive break above the $0.88 resistance would confirm an ADA breakout and likely target $1.05–$1.20 in the coming weeks,
Red September is a recurring seasonal weakness for Bitcoin; historically BTC falls in September (average -3.77% since 2013). Today BTC trades sideways near $108,800 as sentiment drops into “fear” and