After a week of choppy price action, Ethereum (ETH) declined by another 1.4% today as it struggles to hold fort near $4,300. The derivatives market, however, is showing resilience despite recent price weakness. In its latest post, CryptoQuant noted that Binance’s ETH open interest (OI) has continued to hold above $8.4 billion, even after the asset dipped below $4,400 this week. On August 30, open interest was recorded at the $8.4 billion threshold, and while price action has since turned lower, OI has not broken decisively below that level. Bulls Gearing Up for a Counterattack? Typically, sharp price declines are accompanied by a proportional drop in OI, which hints at liquidations or broader risk-off sentiment. The current pattern means that traders are maintaining positions, and are possibly anticipating a rebound or showing a lack of conviction in further downside. Data also shows that the momentum of OI contraction has eased. The 24-hour percentage change in Binance’s ETH OI now stands at -3.4%, compared with a sharper -6.25% drop observed just two days earlier. This moderation indicates that the aggressive deleveraging phase may be losing steam, as the derivatives market appears less inclined to amplify the sell-off. At the same time, Binance Net Taker Volume has consistently remained negative and has ranged between -1.08 billion and -1.11 billion, which reflects a market environment still dominated by aggressive sellers. Yet the stability in open interest implies that buyers are absorbing at least part of this pressure rather than fully retreating. Spot market data further added bullish context as CryptoQuant found that daily Ethereum withdrawals from exchanges such as Binance and Kraken often surpassed 120,000 ETH. These steady outflows reduce exchange reserves and tighten liquidity, thereby limiting the depth of future sell-side pressure. Whether this trend reflects accumulation or custodial reallocation, it introduces a structural bullish undertone to an otherwise cautious derivatives market. This essentially suggests that the market is still balancing between bearish short-term flows and longer-term accumulation. Greatest Bear Trap Ethereum’s latest pullback has some traders bracing for deeper losses, but technical analysts warn against reading too much into September’s weakness. The current price structure appears to be a bearish head-and-shoulders pattern. According to crypto analyst Johnny Woo, this setup could prove misleading. Woo described this trajectory as one of the market’s “biggest bear traps” in the making. If the pattern breaks down, ETH risks further declines; however, if it fails to materialize, sidelined traders could be forced to re-enter at higher levels. Woo flagged the $3,800-$4,100 range as a critical support area. Strength above it may validate bullish sentiment heading into October, dubbed “Uptober” by traders for its history of reversals and rallies. While September looks shaky, analysts argue Ethereum’s chart may be primed to catch the market off guard. The post $8.4B and Unbroken: Why Ethereum (ETH) Open Interest Isn’t Cracking Under Price Pressure? appeared first on CryptoPotato .
SMQKE (@SMQKEDQG), a prominent crypto researcher, recently shared a document excerpt that shows Ripple’s recognition in a significant international context. The passage he posted comes from research prepared for the United Nations, identifying Ripple as relevant to the development of a financial system that is both green and inclusive. This positioning reflects both Ripple’s technological role and its alignment with broader economic and environmental goals. RIPPLE HIGHLIGHTED BY UNITED NATIONS RESEARCH AS A MODEL FOR A GREEN & INCLUSIVE FINANCIAL SYSTEM Documented. https://t.co/zH40xdOD8q pic.twitter.com/uft0JClmUK — SMQKE (@SMQKEDQG) September 2, 2025 United Nations Research and Ripple The excerpt stated that “Ripple protocol contains main trends that are relevant for designing a Green and inclusive financial system.” According to Ripple President Monica Long, XRP is 120,000 times more energy efficient than Bitcoin due to its consensus mechanism. The XRP ledger holds numerous advantages. It’s said to be more decentralized than proof-of-work blockchains , significantly faster, and cheaper. The research also highlighted Ripple’s framework in connection with definitions of virtual currencies, distinguishing between convertible and non-convertible types, as well as centralized and non-centralized systems. These definitions have been crucial for international institutions in understanding the categories and risks of emerging digital assets. The same research further linked Ripple to considerations of compliance and regulation, noting that these definitions help address concerns raised by global bodies such as the Financial Action Task Force (FATF). Ripple’s desire for compliance is in its handling of RLUSD’s launch and its attempts to secure licenses worldwide, including a banking license in the U.S. In doing so, Ripple is situated within a policy framework that prioritizes innovation and places XRP at the forefront in the push for global financial stability. Bridging Traditional and Digital Finance According to the document, Ripple supports existing financial institutions by enabling them to integrate digital gateways without being displaced. This integration opportunity aids the adoption of XRP and increases its demand as a bridge currency . The document observed that through capital and transaction intermediation, Ripple enables institutions, merchants, and consumers to benefit from both established financial systems and newer digital technologies. This balance was described as helping stakeholders achieve “the best benefit of both worlds,” capturing how XRP and Ripple fit into an evolving financial ecosystem. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 Shifts in Global Payments The research placed Ripple within the broader framework of virtual currencies, outlining its relevance for future financial design. Crucially, it also described Ripple’s XRP-powered technology as a better version of SWIFT and Bitcoin, and highlighted its potential use by institutions. This highlighted XRP’s capacity to function within existing structures while advancing more inclusive financial objectives. Its recognition in United Nations-linked research positions it as more than a cryptocurrency, aligning it with sustainable and inclusive goals in the financial sector. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on X , Facebook , Telegram , and Google News The post Ripple (XRP) Wins United Nations Major Acknowledgement appeared first on Times Tabloid .
Will bullish leverage hold if traders start focusing on governance?
On-chain data shows the Bitcoin Exchange Reserve has witnessed a spike recently, a sign that could be bearish for the asset’s price. Bitcoin Exchange Reserve Has Hit A Multi-Month High In a new post on X, CryptoQuant community analyst Maartunn has talked about the latest trend in the Exchange Reserve of Bitcoin. The “Exchange Reserve” refers to an on-chain indicator that keeps track of the total amount of the cryptocurrency that is sitting on the wallets attached to centralized exchanges. When the value of the metric goes up, it means the investors are making net deposits of the asset to these platforms. Generally, one of the main reasons why holders would transfer their coins into the custody of exchanges is for selling-related purposes, so this kind of trend can have bearish consequences for the BTC price. Related Reading: Toncoin (TON) Heading For A 50% Price Move, Analyst Explains Why On the other hand, the indicator witnessing a decline suggests investors are taking out a net number of tokens from the exchanges. Such a trend can be a sign that the holders want to hold their BTC into the long term, which can naturally be bullish for the asset’s value. Now, here is a chart that shows the trend in the Bitcoin Exchange Reserve over the history of the cryptocurrency: As is visible in the above graph, the Bitcoin Exchange Reserve peaked in late 2024 and saw a reversal to a downtrend, indicating that investors switched to net withdrawals. The decline in the metric was persistent, but very recently, another turnaround has finally occurred, with the indicator shooting up instead. Its value has now reached the 3.383 million BTC mark, which is the highest that it has been in a few months. “This signals a shift in trader behavior,” notes Maartunn. “More coins moving to exchanges often precedes increased selling pressure.” The deposit spree from the investors has come alongside a period of bearish action in the Bitcoin price. It now remains to be seen whether these exchange inflows would extend the drawdown. Related Reading: Bitcoin Finds Support At Short-Term Holder Cost Basis, But For How Long? Speaking of the price decline, on-chain analytics firm Glassnode has discussed about how this plunge compares against past ones in terms of the BTC supply in loss. As displayed in the chart, only 9% of the Bitcoin supply is in loss following the price drawdown. The maximum loss among these underwater coins is also currently just 10%. As Glassnode explains, In contrast, the local bottom of this cycle saw >25% of supply at up to 23% losses, and global bear markets have reached >50% supply with up to 78% losses. This dip remains relatively shallow. BTC Price At the time of writing, Bitcoin is trading around $111,200, up 2% over the last 24 hours. Featured image from Dall-E, Glassnode.com, chart from TradingView.com
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