Из жизни альткоинов

Mùa altcoin đã chính thức gõ cửa khi Altcoin Season Index đạt 62 lần đầu tiên trong năm 2025. Đây là tín hiệu quan trọng thu hút sự chú ý mạnh mẽ của giới đầu tư đang săn tìm altcoin tiềm năng để mua ngay lúc này.

Sau nhiều tháng dao động dưới ngưỡng 60, chỉ số này cuối cùng cũng bứt phá. Dù mốc xác nhận 75 chưa tới, nhiều chỉ báo khác đã cho thấy dòng vốn đang rời khỏi Bitcoin và chảy mạnh vào các altcoin với tiềm năng tăng trưởng vượt trội.

Yếu tố rõ ràng nhất là sự sụt giảm đều đặn của Bitcoin Dominance. Trong 10 tuần vừa qua, thị phần của Bitcoin đã giảm gần 13% — từ 66% xuống 58%. Lịch sử thị trường cho thấy, khi điều này xảy ra, altcoin thường bắt đầu giai đoạn bùng nổ.

Các chuyên gia tin rằng, thiết lập hiện tại rất giống giai đoạn khởi đầu của những chu kỳ altcoin trước, báo hiệu Q4/2025 có thể là một đợt tăng giá mạnh mẽ.

Dự báo: Altcoin có thể tăng 10x–50x trong Q4/2025

Chuyên gia crypto nổi tiếng Ash Crypto (gần 2 triệu người theo dõi trên X) dự báo:

• Bitcoin (BTC) có thể đạt 150.000 USD
• Ethereum (ETH) hướng tới 8.000 USD
• Các altcoin có thể bùng nổ 10x–50x ngay trong Q4 năm nay

Ngoài ra, báo cáo mới công bố của Coinbase Institutional cũng khẳng định việc Bitcoin mất dần thị phần là “tín hiệu rõ ràng của chu kỳ xoay vòng sang altcoin”. Ông David Duong, Giám đốc nghiên cứu của Coinbase, cho biết thị trường hiện đã sẵn sàng cho một “mùa altcoin toàn diện” bắt đầu từ tháng 9.

Với các chỉ báo kỹ thuật lẫn tổ chức đồng thuận, nhiều altcoin triển vọng đã bắt đầu tăng tốc để chuẩn bị thống trị giai đoạn thị trường sắp tới.

Những Altcoin tiềm năng nhất để mua trong Q4 bull run

Tổng vốn hóa thị trường crypto đang hình thành mô hình “vòng đáy” tăng giá và dao động quanh ngưỡng 4 nghìn tỷ USD.

Trong mùa altcoin trước, vốn hóa altcoin tăng 5,7%, vượt xa mức tăng của Bitcoin chỉ 1,3%. Các nhà phân tích kỳ vọng kịch bản này sẽ lặp lại trong những tháng tới.

Dưới đây là hai cái tên altcoin nổi bật đang ở giai đoạn presale, thu hút dòng vốn mạnh từ cả retail và tổ chức.

Maxi Doge (MAXI) – Presale gần 2 triệu USD nhờ nhu cầu bùng nổ

Maxi Doge đang tái định nghĩa cách làm presale meme coin với tốc độ huy động vốn cực nhanh, đạt gần 1,91 triệu USD chỉ trong chưa đầy hai tuần.

Dự án được xem là “phiên bản Dogecoin thế hệ mới”, thu hút nhà đầu tư bằng sự kết hợp giữa:

• Staking rewards lên tới 253% APY cho người mua sớm
• Giá presale siêu rẻ: chỉ 0,0002565 USD/token
• Tokenomics độc đáo với đòn bẩy 1.000x vĩnh viễn, kết hợp cùng branding kiểu “degen + gym-bro”

MAXI đang nổi bật trong không gian meme coin, và nếu roadmap được thực hiện đúng, dự án này hoàn toàn có thể trở thành một trong những altcoin breakout lớn nhất Q4/2025.

Truy cập Maxi Doge

Pepenode (PEPENODE) – Altcoin đầu tiên với mô hình Mine-to-Earn

Pepenode mang tới mô hình mine-to-earn, biến việc đào coin thành một trò chơi ảo. Người dùng có thể mua node kỹ thuật số, xây dựng server room ảo và nhận phần thưởng thụ động mà không cần tới phần cứng đắt đỏ hay chi phí điện năng.

Điểm nổi bật của Pepenode:

• “Gamified mining” – người chơi kiểm soát dàn máy đào ảo, mua node để tăng hashpower
• Cơ chế burn 70% token khi nâng cấp, giảm nguồn cung mạnh mẽ
• Đã huy động hơn 946.856 USD trong presale
• Giá hiện tại: 0,0010533 USD/PEPENODE

Nhiều nhà phát triển gọi đây là “mining không cần phần cứng”, và nhà đầu tư đang đổ vào trước khi giá bước sang vòng presale tiếp theo.

Truy cập Pepenode

Kết luận

Với Altcoin Season Index vượt 60 và Bitcoin Dominance giảm mạnh, tín hiệu đã quá rõ ràng: dòng vốn đang chuyển sang altcoin. Các chuyên gia dự báo nhiều altcoin có thể đạt 10x–50x lợi nhuận chỉ trong Q4/2025.

Trong đó, Maxi Doge (MAXI) và Pepenode (PEPENODE) nổi bật nhất nhờ cơ chế độc đáo, cộng đồng đang tăng trưởng và mức huy động vốn ấn tượng.

Nếu bạn đang tìm altcoin tiềm năng để đầu tư, đây chính là thời điểm không nên bỏ lỡ.

Cyprus-based international ship-owning firm Robin Energy today announced the successful conclusion of its initial $5 million Bitcoin (BTC) allocation through Anchorage Digital Bank N.A., as part of its newly adopted treasury framework.

Robin Energy Buys $5 Million Worth Of Bitcoin

According to an announcement made earlier today, Robin Energy has completed its initial $5 million worth of BTC purchase. With this, the Cyprus-based company, which also provides energy transportation services has become the latest firm to leverage digital assets to diversify its portfolio.

Following the development, the firm’s Nasdaq-listed stock RBNE spiked 90%, hitting an intraday high of $4.27 before losing some of its gains. On a year-to-date (YTD) basis, the stock has increased by 106.8%.

It is worth noting that RBNE hit its all-time high (ATH) earlier this year on June 13. However, no specific reason can be found for the same. Commenting on today’s Bitcoin purchase, Petros Panagiotidis, CEO, Robin Energy, said:

We are pleased to have completed the allocation of $5 million to Bitcoin in accordance with our board-approved strategy. We believe in Bitcoin’s unique characteristics as a scarce digital asset and see it as an integral component of our long-term strategy to grow our Company further and drive shareholder value.

Robin Energy’s foray into the cryptocurrency realm is not surprising, as an increasing number of firms are choosing to add leading digital assets like BTC and Ethereum (ETH) to their balance sheets in 2025.

For example, Taiwanese investment firm Sora Ventures recently unveiled a massive $1 billion Bitcoin treasury fund, a first in Asia. At the time, the firm stated that it would use the proceeds from the fund to buy BTC over the next six months.

Similarly, Japanese investment firm Metaplanet also shared plans to double down on BTC recently. Specifically, the firm stated that it will spend as much as $835 million to buy more Bitcoin.

Unsurprisingly, the total amount of BTC held by publicly-listed companies recently crossed one million. Among these companies, US-based Strategy ranks at the top as it alone holds close to 638,000 BTC on its balance sheet.

ETH, A Worthy Challenger To BTC?

Although Bitcoin’s dominance and adoption rate are unquestionable, it appears to be getting serious competition from the second-largest cryptocurrency by market cap, Ethereum. In 2025 specifically, ETH adoption has surged at an unprecedented pace.

Asset manager VanEck CEO, Jan van Eck, recently dubbed ETH the “Wall Street token,” thanks to its incredible range of use-cases, including facilitating stablecoin transactions on the Ethereum blockchain.

Similarly, August 2024 saw ETH-based exchange-traded funds (ETFs) attract $4 billion worth of net inflows, while Bitcoin ETFs witnessed net outflows to the tune of $628 million. At press time, BTC trades at $113,930, up 2.7% in the past 24 hours.

23 сентября DeFrens проведет второе мероприятие из серии "Честно про майнинг" в рамках pre-party к Crypto Summit. Гостей ждут полезные нетворкинг-сессии, честные выступления без глянца, кейтеринг и развлечения.

Bitcoin (BTC) trades around $112,260, consolidating within a tight range as investors weigh bullish technical setups against global macroeconomic headwinds.

The leading asset moved between an intraday high of $113,138 and a low of $110,812, showing the tight range that has dominated trading in recent sessions.

Key momentum indicators suggest cautious optimism. Support remains firm at $110,000, while moving averages at $109,300 and $101,000 strengthen the bullish case.

On the upside, resistance at $113,000–$115,000 remains the next crucial hurdle, with analysts noting that a breakout above this band could unlock renewed momentum.

Institutional Bets Boost Bitcoin Confidence

Institutional activity continues to shape sentiment despite mixed price action. Market watchers highlight growing expectations of U.S. Federal Reserve rate cuts following weaker jobs data as a stabilizing force for Bitcoin.

Meanwhile, liquidity inflows from crypto ETFs and corporate treasury allocations remain a significant driver of demand.

Japanese firm Metaplanet Inc. recently raised $1.4 billion to expand its Bitcoin holdings, growing its reputation as a proxy play for investors in Asia. Analysts draw parallels to MicroStrategy’s long-term accumulation strategy, noting that such moves show institutional conviction even as spot prices consolidate.

ETF data also paints a complex picture. Fidelity’s spot Bitcoin ETF recently saw $55.8 million in outflows, signaling short-term caution among investors. However, the broader trend of institutional accumulation suggests confidence in Bitcoin’s role as a hedge and long-term store of value.

Analysts Expect Breakout Potential

Despite near-term hesitation, analysts remain cautiously bullish. Many point to accumulation patterns and resilient demand as signs that Bitcoin is preparing for its next decisive move. If BTC can reclaim and sustain levels above $115,000, it could confirm the start of a new rally phase.

For now, consolidation remains the dominant theme, with macroeconomic policy, ETF flows, and institutional strategies dictating the pace of the next breakout. As one analyst put it, Bitcoin’s ability to attract long-term institutional bets during uncertainty may be the clearest sign yet that its next major move is only a matter of time.

Cover image from ChatGPT, BTCUSD chart from Tradingview

A recent Reuters report reveals that India is leaning toward avoiding the establishment of a comprehensive legislative framework for regulating cryptocurrency, which is in stark contrast to countries like the United States. 

Instead, the Indian government plans to maintain partial oversight, driven by concerns that fully integrating digital assets into the mainstream financial system could pose alleged “systemic risks.” 

India Delays Crypto Legislation

A document reviewed by Reuters details the Indian government’s perspective and reflects the views of the Reserve Bank of India (RBI). The document argues that effectively managing the risks associated with cryptocurrencies through regulation would be challenging.

The global acceptance of cryptocurrencies has grown significantly, particularly in the US, where President Donald Trump has led a new regulatory era for the digital asset industry with the passage of key bills aimed at fostering a more supportive environment for the adoption and usage of cryptocurrencies. 

Meanwhile, while China maintains a ban on cryptocurrencies, it is reportedly considering a Yuan-backed stablecoin. Other countries, such as Japan and Australia, are developing regulatory frameworks for digital assets as well. 

The Indian government document suggests that formal regulation of cryptocurrencies could lend them “legitimacy” and potentially make the sector systemic. 

This is not the first time India has grappled with the issue of digital asset regulation. In 2021, the government drafted a bill aimed at banning private cryptocurrencies but ultimately chose not to advance the legislation. 

During its G20 presidency in 2023, India called for a global framework to regulate digital assets, but plans to issue a discussion paper on the country’s stance were postponed. The government indicated it would reassess its position after observing how the US formalizes cryptocurrency usage.

Stablecoins Threatening Digital Payment Integrity? 

Currently, global digital asset exchanges are allowed to operate in India, provided they register with a local government agency that conducts due diligence to mitigate money laundering risks. 

However, the RBI has consistently warned about the dangers associated with cryptocurrencies, leading to a significant slowdown in trading activities between India’s formal financial system and digital assets. 

Despite these challenges, Indians have invested approximately $4.5 billion in various digital assets, although the document notes that this level of investment does not currently present a systemic risk to financial stability.

The report also highlights the implications of the US adopting dollar-backed stablecoins and promoting them as payment instruments, especially after the passage of the GENIUS Act, a foundation for the full usage of these assets. 

The Indian government further asserted that the widespread use of stablecoins could risk fragmenting national payment systems, such as the Unified Payment Interface (UPI), thereby undermining the integrity of India’s digital payments landscape.

Featured image from DALL-E, chart from TradingView.com 

The Ripple community is once again caught up in speculation after data showed a steep drop in Coinbase’s XRP holdings. Instead of seeing it as a sell-off, some commentators believe the decline could be linked to BlackRock quietly moving into position through Coinbase Custody. The rumors are persistent, even though BlackRock has already shot down earlier claims about a Spot XRP ETF filing. Nonetheless, this has left many to wonder if there’s more happening behind the scenes than the company is willing to admit.

Coinbase’s Holdings And BlackRock Rumor

Recent on-chain data revealed that Coinbase’s XRP stash has decreased drastically since the second quarter of 2025. This decrease has seen the amount of coins held by Coinbase fall from 780.13 million to about 199 million, with a 57% fall in August alone.

Considering the scale of this decline, the movement has stirred up different rumors. Some investors are of the notion that these are actually intended sell-offs by Coinbase, while others are of the notion that they are only strategic transfers involving institutions. Crypto analyst Crypto X AiMan addressed the situation in a video posted on the social media platform X, where he noted that Coinbase is not dumping the coin, despite claims circulating within the community. 

According to the analyst, the reduction is more likely linked to BlackRock, and his team had previously highlighted multiple BlackRock-XRP connections. As such, he admonished investors not to interpret the drop in Coinbase’s wallets as bearish but rather as a sign of shifting custody arrangements, possibly connected to the world’s largest asset manager.

BlackRock’s Position On An XRP ETF

Comments about BlackRock’s interest in the digital asset are growing louder each day, but it is worth noting that the company has already denied reports of filing for a Spot XRP ETF. A company spokesperson for BlackRock recently clarified that no such product has been filed with the SEC. 

Nevertheless, the decrease in Coinbase’s wallets coincides with recent developments involving BlackRock’s partnership with Coinbase, which suggests that an official move relating to a Spot XRP ETF could be in the works. Given BlackRock’s embrace of other crypto ETFs, including Bitcoin and Ethereum, it is only a matter of time before the altcoin joins the lineup.

Although BlackRock has not confirmed any intentions, the rumors alone have increased interest among many holders, as shown by comments on social media. As many as eight other asset managers have filed for a Spot XRP ETF with the SEC, and many investors are still anticipating that a formal filing might arrive sooner than expected. 

At the time of writing, the connection between Coinbase’s reduced holdings and BlackRock is speculative, but as the third-largest crypto by market cap, the idea of Spot XRP ETFs hitting the market soon should not be ruled out.

The U.S. Senate is pushing forward with a new crypto market structure bill, but growing tensions are emerging over how the legislation is being shaped.

Senator Elizabeth Warren (D-MA) has raised sharp concerns about the lack of transparency in the crypto bill process, accusing Republicans of releasing a 182-page draft without consulting Democrats or disclosing industry input.

Warren argued that such an approach threatens bipartisan cooperation, warning that lobbyist-driven legislation risks creating unfair advantages in the crypto industry.

“Instead of working with us, Republicans have produced partisan drafts reflecting secret feedback from industry,” Warren said, urging for more openness and collaboration.

Democrats Release Their Own Framework

In response, Senate Democrats unveiled a six-page framework outlining their priorities for crypto regulation. The document highlights seven key pillars, including consumer protections, preventing corruption, clarifying regulatory jurisdiction between the SEC and CFTC, and ensuring fair oversight of DeFi.

Although far less detailed than the Republican draft, the Democratic framework signals an intent to participate in shaping comprehensive legislation.

Pro-crypto Democrats such as Senators Kirsten Gillibrand, Cory Booker, and Mark Warner endorsed the framework, stressing the need for rules that balance innovation with investor safeguards.

However, the disparity between a detailed 182-page proposal and a broad framework leaves Democrats at a structural disadvantage in negotiations, potentially allowing Republicans to set the terms of the debate.

What to Expect for the Crypto Bill

The bill itself seeks to clarify how crypto assets fit into U.S. regulatory regimes, with provisions exempting staking, airdrops, and decentralized infrastructure projects from securities laws under certain conditions.

Critics, however, question whether these exemptions could weaken consumer protections while favoring industry interests. Warren, one of the Senate’s most vocal crypto skeptics, insists that bipartisan legislation must be rooted in transparency and accountability rather than industry influence.

The White House is also pressing lawmakers to move quickly, with new crypto adviser Patrick Witt pushing for a final draft that can attract bipartisan support. However, partisan friction, lobbying concerns, and questions over regulatory agency appointments remain major hurdles.

With both parties staking their ground, the coming weeks could determine whether the U.S. moves toward a unified regulatory framework or whether political divisions stall progress once again.

Cover image from ChatGPT, BTCUSD chart from Tradingview

Bitcoin is once again caught in a tight battle between bulls and bears as selling pressure and uncertainty weigh on the market. The leading cryptocurrency has struggled to establish a clear direction, with buyers working to hold the price above the critical $110,000 level while sellers aggressively defend resistance near $113,000. This standoff has left BTC in a narrow range, fueling speculation over whether the next decisive move will be a breakout or a breakdown.

Despite the choppy price action, key onchain data from Maartunn paints a more optimistic picture beneath the surface. According to his analysis, Bitcoin’s network fundamentals remain strong and continue to improve, even as price volatility dominates short-term sentiment. Metrics tracking network activity and adoption suggest that the recent swings are more reflective of broader market dynamics—such as liquidity shifts and macroeconomic uncertainty—rather than Bitcoin losing momentum on its own.

This divergence highlights the complexity of the current market phase: while the chart shows hesitation, the underlying network signals resilience and long-term growth. As bulls and bears wrestle for control at these levels, Bitcoin’s strengthening foundation could ultimately provide the catalyst for a more sustained move once external pressures ease.

Bitcoin Difficulty And Mining Costs Signal Resilient Fundamentals

According to Maartunn, Bitcoin’s network remains in remarkable health despite recent price uncertainty. One of the clearest signs of this strength is Bitcoin Difficulty, which continues to push new all-time highs. Difficulty adjusts every two weeks based on the level of mining activity, and consistent increases reflect that miners are dedicating more computational power to secure the network.

This persistent climb underscores confidence in Bitcoin’s long-term value and highlights the resilience of its decentralized infrastructure, even as the market faces turbulence.

Alongside this, the average cost of mining a single Bitcoin now stands at approximately $99,100. This figure is important, as it represents the breakeven level for many miners. With BTC currently trading just above $112,000, miners are still operating profitably, but the margin for comfort is narrowing. Should the price dip significantly below $100,000, miner capitulation risks could rise, potentially adding temporary selling pressure to the market.

However, network fundamentals continue to suggest strength rather than weakness. The steady climb in Difficulty, combined with sustained miner commitment, indicates that participants are betting on higher prices ahead. Historically, periods where mining costs approach market value have preceded strong upward moves, as Bitcoin tends to rebound to maintain mining incentives.

Looking ahead, the combination of rising Difficulty and resilient miner activity supports the case for Bitcoin extending its push higher in the coming months. While short-term volatility may keep traders on edge, the network’s health signals that the foundation for a more sustained uptrend is firmly in place. This dynamic highlights why on-chain fundamentals remain one of the most reliable indicators of Bitcoin’s long-term trajectory, even when price action appears uncertain.

Short-Term Price Consolidation

Bitcoin is currently trading near $112,311 after a period of choppy consolidation, as shown in the 4-hour chart. The price has been struggling to gain momentum, oscillating between support around $110,000 and resistance near $114,000. The 50 SMA ($111,272) and 100 SMA ($110,773) are acting as immediate dynamic supports, while the 200 SMA at $113,860 continues to cap upside moves, reinforcing the short-term bearish bias.

The chart highlights that BTC remains in a compressed range after its recent decline from local highs above $123,000. Bulls have managed to defend the $110,000 zone multiple times, signaling strong demand at lower levels, yet momentum has not been sufficient to break through key resistance. For a bullish reversal, BTC needs to reclaim and consolidate above the 200 SMA, which would pave the way toward $116,000 and eventually the major resistance at $123,217.

A clean break below $110,000 could trigger a sharper correction, exposing $108,000 and possibly lower supports. Overall, the short-term outlook remains neutral to cautious: Bitcoin is holding ground, but until it breaks above the 200 SMA, the risk of continued sideways or downward action persists.

Featured image from Dall-E, chart from TradingView

Data shows the Solana perpetual futures Open Interest has surged past $7 billion, a sign that speculative participation in SOL is on the rise.

Solana Perp Open Interest Has Spiked Recently

As pointed out by on-chain analytics firm Glassnode in a new post on X, the Solana Open Interest has climbed up as the SOL price has continued to outperform the market recently. The “Open Interest” here refers to an indicator that keeps track of the total amount of perpetual futures positions related to SOL that are currently open on all derivatives exchanges. The metric takes into account for both short and long contracts.

Now, here is the chart shared by Glassnode that shows the trend in the Solana perpetual futures Open Interest over the past year:

As displayed in the above graph, the Solana Open Interest has observed an increase alongside the asset’s push above the $200 mark and has crossed the $7 billion milestone. “Market participation is clearly expanding,” notes the analytics firm. Historically, speculative activity going up in the sector hasn’t been anything unusual during price rallies, as investors tend to find such periods to be exciting, so they become more prone to making moves.

An excessive surge in the Open Interest, however, is something that can be worth monitoring. This is because new positions generally imply an increase in leverage for the sector, which is something that can make mass liquidation events more likely to take place.

Given that the Solana perpetual futures Open Interest has shot up recently, it’s possible that the price could face instability owing to potential liquidation squeezes. Which way the resulting volatility might take the cryptocurrency in comes down to which side of the market is more dominant.

A metric that can be useful for gauging that is the Funding Rate. This indicator measures the amount of periodic fees that perpetual futures users are exchanging with each other right now. When the Funding Rate is positive, it means the long investors are paying a premium to the short ones in order to hold onto their positions. On the other hand, the metric being below zero suggests bearish bets are more dominant.

As the chart below shows, the Solana Funding Rate has been positive recently, indicating that the investors have been betting on a bullish outcome.

This could imply that a squeeze may be more probable to affect the long side. Interestingly, though, the Funding Rate hasn’t seen any increase alongside the surge in the Open Interest, a sign that new short and long positions have come in equal parts. “This suggests the build-up is not excessively leveraged, leaving scope for further upside if momentum persists,” explains Glassnode.

SOL Price

Solana has pulled away from the rest of the sector during the past week with a surge of almost 7% that has taken its price to $224.

The crypto market is entering a new phase, with many investors calling for an extended bull cycle that could reshape the months ahead. While Bitcoin, Ethereum, and leading altcoins continue to dominate headlines, the true drivers of this momentum appear to be stablecoins. These digital assets, often overlooked in favor of more volatile tokens, are quietly fueling the market’s liquidity engine. According to top analyst Darkfost, “it’s Stablecoin season,” a phrase capturing the idea that unprecedented amounts of capital are flowing into stablecoin supply.

This surge in stablecoin demand signals strong buying power waiting to be deployed across exchanges, amplifying the potential for risk assets to climb higher. Stablecoins serve as the foundation of crypto trading, providing the liquidity that enables swift movement between assets and acting as a measure of market confidence. Their rising inflows suggest that investors are preparing for large-scale positioning, which could spark stronger rallies across the sector.

As the market braces for this potential liquidity-driven expansion, stablecoins have emerged as the unsung heroes of the bull cycle. They are setting the stage for Bitcoin, Ethereum, and altcoins to capture upside momentum, marking an important shift in the dynamics of this evolving market.

Stablecoins Signal Liquidity Flooding Into Crypto

Darkfost recently shared insights that highlight the critical role of stablecoins in the current market cycle. He explained that, setting aside rebalancing mechanisms, every stablecoin minted represents a corresponding fiat inflow into the crypto ecosystem. This means that when investors convert dollars into stablecoins, real liquidity enters exchanges, ready to be deployed into Bitcoin, Ethereum, or altcoins. Conversely, when capital exits the market, unused stablecoins are burned, reducing supply and signaling declining inflows.

At present, the total supply of stablecoins sits at an impressive $240 billion. However, this figure does not yet include some of the newest entrants to the sector, such as ENA, which already boasts a circulating supply of roughly $14 billion. The growth of both established and emerging stablecoins demonstrates how demand for liquidity tools is expanding in parallel with broader market participation.

Darkfost emphasizes that the stablecoin supply is “literally exploding,” climbing relentlessly higher and showing little sign of slowing down. This acceleration signals that capital is actively flowing into the ecosystem, setting the stage for higher valuations across risk assets. For traders and investors, this is a pivotal indicator of momentum, suggesting that the bull cycle may have deeper legs than previously expected.

After a year marked by volatility and shifting narratives, the relentless rise in stablecoin issuance underscores a market entering a decisive phase. Liquidity, more than sentiment or speculation, is the fuel behind sustainable rallies.

With stablecoins expanding at a record pace, crypto appears primed for another surge, supported by a foundation of fresh capital waiting to be deployed. This dynamic makes stablecoins not only a utility but also the clearest signal of market direction heading into the next leg of the cycle.

Market Size & Growth Analysis

The total crypto market cap currently stands at $3.85 trillion, reflecting resilience after a volatile stretch. The chart shows a strong recovery from earlier dips this year, with prices consolidating just below the $4 trillion psychological barrier. This level is proving to be a key resistance zone, as multiple attempts to break higher have been met with selling pressure.

The 50-week simple moving average (SMA) is trending upward around $3.16 trillion, providing a solid base of support. Meanwhile, the 100-week SMA at $2.58 trillion and the 200-week SMA at $1.92 trillion remain well below current levels, confirming that the broader structure remains firmly bullish. As long as the market holds above these long-term averages, downside risks appear contained, with corrections likely to be viewed as opportunities for accumulation.

A sustained move above $4 trillion would mark a significant breakout, potentially opening the door to fresh highs and extending the current bull cycle. Conversely, failure to reclaim this level could see the market consolidating between $3.5 trillion and $3.9 trillion in the near term.

Featured image from Dall-E, chart from TradingView

The United States may be taking its first formal step toward accepting a Bitcoin reserve as part of its national strategy. A new proposal before Congress marks a historic turning point in the US policy toward BTC and digital assets. This bill directs the Treasury to study the feasibility of creating a Strategic Bitcoin Reserve, marking a shift in how the government approaches cryptocurrencies. 

Congress Moves To Explore A US Bitcoin Reserve

Filed on September 5, 2025, by Representative Mr. Joyce of Ohio, the new bill, H.R. 5166, directs the Treasury to deliver a comprehensive report within 90 days of enactment. The report must assess the practicalities of establishing a Strategic Bitcoin Reserve and a US Digital Asset Stockpile, including their effects on the government’s balance sheet and the Treasury Forfeiture Fund. By studying these mechanisms, Congress is positioning the US government to not only hold BTC but to integrate it directly into fiscal operations. 

The bill requires detailed planning on custody and security. Treasury officials, working with third-party custodians, will have to design a framework capable of holding federal Bitcoin assets safely, accounting for risks from both technical vulnerabilities and geopolitical threats. This includes defining custody architecture, legal authorities, and interagency transfer protocols to ensure efficient management of assets across federal departments. 

The classified section of the report, coordinated by the National Security Agency (NSA), underlines the national security implications of maintaining digital assets at scale. One notable provision directs the Treasury to explore the role of seized Bitcoin in the creation of the reserve. Formalizing these holdings into a reserve would give them new fiscal utility while establishing clear protocols for how they should be integrated into the Treasury’s books. 

Over the years, US law enforcement has frequently confiscated Bitcoin through criminal proceedings, making the government one of the largest holders of the asset at various times. One case occurred in November 2021, when authorities seized thousands of BTC tied to Silk Road, an infamous online black market that was popular for hosting money laundering and other illicit activities. 

Circling back, the new bill introduced to Congress requires an explanation of how BTC and other digital assets would be recorded on the federal government’s balance sheet. This issue has major implications for accounting standards, sovereign reserves, and transparency, since Bitcoin is volatile and does not behave like traditional fiat assets or commodities. If implemented, it would mark the first time BTC appears as a line item in official US financial statements, signaling a transformative shift in monetary policy.  

White House Advisor Makes BTC Reserve A Top Priority 

While Congress pushes ahead with H.R. 5166, some members of the White House are making clear that a Strategic Bitcoin Reserve is not just a legislative experiment but a national priority. Patrick Witt, recently appointed as the Executive Director of the White House Council of Advisers on Digital Assets, confirmed that building a Bitcoin reserve is at the top of the administration’s agenda.

Witt explained that the government is actively exploring creative ways to secure more BTC, signaling an intent to accumulate rather than simply manage its already accrued holdings.