Market Signal Briefing

The Oracle of Omaha has several "forever" stocks. Here are three of the best.

Warren Buffett once said that at Berkshire Hathaway (BRK.A 0.55%) (BRK.B 1.06%), "our favorite holding period is forever."

By holding the highest-quality companies for long periods, the miracle of compound earnings works its magic, enabling truly great results without investors having to do anything aside from that initial purchase.

While Buffett and his investing lieutenants have been buying and selling more often over the past few years, many names in the Berkshire portfolio have the qualities of "forever" stocks -- like the following three.

Amazon
Buffett only holds two of the "Magnificent Seven" stocks, with Amazon (AMZN 0.78%) being one of them.

At first, one might wonder why Berkshire holds Amazon. After all, the stock is not "cheap" by any means, and it's also a lower-margin business than its software and internet peers. And while other Mag Seven stocks pay dividends and do share repurchases, Amazon doesn't pay a dividend and hasn't bought back much stock over its corporate life.

However, Amazon management operates much like Berkshire Hathaway, in that Amazon takes a long-term view and is willing to invest lots of money for years to build a long-term sustainable competitive advantage. Most notably, Amazon spent tons of money building a nationwide e-commerce delivery platform, and is miles ahead -- pun intended -- of any would-be competitor in delivering packages within one or two days.

Notably, Amazon hasn't performed as well as other Mag Seven stocks in recent years in the age of AI. However, that may be short-sighted.

While artificial intelligence is a hugely competitive field, Amazon is one of the few companies with the ability to compete. But it's not just its AI offerings, bolstered by its big investment in Anthropic, that will enable Amazon to get its share of AI business. AI also has the potential to greatly enhance Amazon's two large existing businesses in e-commerce and the cloud.

As All-In podcast host Jason Calacanis noted on social media platform X, Amazon's e-commerce operations are set to greatly enhance profitability as a result of AI innovation. In a few years, Calacanis predicts AI robots will soon replace most Amazon factory and warehouse workers, while Zoox self-driving vans may replace most human-driven delivery vehicles.

Amazon's e-commerce business has already improved its profit margins by a lot over the past few years. Its North American business has increased operating margins from 5.2% in the first quarter of 2024 to 7% last quarter, while its international e-commerce business has grown margins from a 0.4% operating loss to a 3.4% positive operating margin over those same six quarters.

As Amazon implements more and more AI and automation into its e-commerce and digital advertising platforms, those margins should continue to rise.

And while Amazon's leading cloud platform hasn't grown as much as some rivals, Amazon Web Services is also the largest player, and it's harder to grow off a bigger base. That being said, AWS still grew a strong 17% pace off a massive $116.3 billion run rate last quarter, with healthy operating margins in the mid-30s. Look for its AI services, such as Amazon Bedrock and Anthropic, to continue boosting revenues by double-digits, while Amazon gains efficiencies from AI on the cost side.

Finally, look for Amazon to cultivate more new business in the future with its innovation-focused culture and long-term mindset. One such new business, satellite-based internet service Project Kuiper, is set to make its first revenues in the next year.

Image source: The Motley Fool.

American Express
Some candidates for "forever" stocks are luxury brands that cater to upper-income consumers. As long as a company maintains and nurtures a brand that customers associate with excellent service and value, that brand can usually maintain high margins and pricing power.

Pricing power can allow a company to grow at above-GDP rates for long periods of time, which is a recipe for long-term outperformance. It's one of the reasons Buffett has never sold a share of American Express (AXP 0.55%), a stock he's held for 35 years.

Thirty-five years into Buffett's investment, American Express is still growing at above-average rates. Revenues net of interest expense grew 9% last quarter, while adjusted (non-GAAP) earnings per share grew at 17% as margins expanded. Discount revenue was up 5%, card fees were up 20%, and net interest income on loans was up 12%. And Amex continues to have delinquencies and charge-offs well below the industry average, showing good underwriting and marketing to the right type of consumer.

While the stock doesn't appear as cheap as other banks, American Express' valuation is still much cheaper than the other big card networks Visa and Mastercard.

Meanwhile, American Express just raised the annual fee on its Platinum Card by a whopping $200 to $895, while also adding $1,400 of new benefits. As long as American Express continues to attract partners that seek out its high-spending clientele, it should continue to be able to offer customers more discounts on luxury goods and services -- thereby attracting good credits while also being able to raise card fees, leading to long-term profitable growth.

Chubb Limited
Like American Express, Chubb Limited (CB 0.90%) caters to high-end clients in the homeowner's and business property and casualty insurance market. Unlike other insurers which generally offer standardized plans and then attempt to mitigate costs when claims come due, Chubb takes a different approach.

In its Masterpiece Homeowner's insurance plans, Chubb generally offers customized coverage for high-end items and other features that are usually only add-ons to other plans. When claims come due, Chubb generally pays the full replacement costs of damaged or lost items in full without depreciation, and generally gets payments out very quickly to claimants.

That high level of customer service and peace of mind comes at a higher premium cost, giving Chubb pricing power in the market, which generally allows for consistently high profits and sub-100 combined ratios year in and year out.

The insurance market has also hardened in recent years, allowing insurers to raise prices dramatically, creating a rather favorable environment in the industry. For its part, Chubb continued to deliver stellar results in the second quarter, with a combined ratio of 85.6% in its P&C business.

While natural disasters such as January's Los Angeles wildfires always have the potential to decimate earnings in any particular quarter, Chubb's highly profitable niche should enable the company to bounce back and remain profitable through cycles. With the stock trading at just 12.3 times earnings, now is a solid entry point to buy and hold Chubb for the long haul.

American Express is an advertising partner of Motley Fool Money. Billy Duberstein and/or his clients have positions in Amazon and Berkshire Hathaway. The Motley Fool has positions in and recommends Amazon, Berkshire Hathaway, Mastercard, and Visa. The Motley Fool has a disclosure policy.

Eaton has transformed its business with one key goal in mind, which will make the business more attractive in the long term.

Eaton (ETN 0.24%) has been a great investment for me. I've owned it since 2015, when it was still working on integrating Cooper Industries. That acquisition, and subsequent fine tuning, has been hugely important to Eaton's development as a business. In five years, I expect Eaton to be an even better business than it is today.

What did Cooper do for Eaton?
Eaton is an over 100-year-old industrial company that has long focused on power management. It started life selling truck transmissions, which it still does today. But the business took a major directional shift when Cooper was acquired. Cooper's primary focus was on managing the flow of electricity, and it materially increased Eaton's exposure to this niche of power management.

Image source: Getty Images.

After integrating Cooper, which was a multiyear effort given the size of the deal, Eaton shifted its efforts to streamlining. It was still making bolt-on deals, which are basically a constant for the industrial giant (it is one of the largest industrial companies on the planet), but it also started to exit some historically important operations. One big move was to exit the highly cyclical hydraulics sector, which managed fluid-based power systems and sold into heavy construction markets. Construction equipment is highly cyclical, with demand rising and falling along with economic activity.

There were really three big goals during this period. First, set the business up for long-term growth. Second, shift toward higher-margin operations. And third, move toward a business model that would be more consistent through the economic cycle. That last one is the one that will be most evident in five years' time.

ETN data by YCharts

What has Eaton achieved?
Aside from a fairly impressive stock price advance since I've owned Eaton stock, I've also watched as the company has altered its business in dramatic fashion. Today, electricity-related businesses make up around 70% of the top line on its income statement. And, as the chart above highlights, the company's profit margins have been generally heading higher.

Management is, basically, doing what it set out to do. That said, in the next five years, there's likely to be a stress test. The longer-term goal is to create a business that is more resilient to the economic cycle. That won't be proven out until there is a longer recession. The recession during the coronavirus pandemic was short and driven by the health scare, so it is hard to count it as a real test.

To be fair, I expect Eaton's business to suffer during a recession. It is an industrial company, and even the best-positioned industrial business will see revenue and earnings crimped during an economic downturn. But I also expect Eaton to better weather a future downturn than it has managed past economic downturns.

ETN Operating Margin (TTM) data by YCharts

What that looks like isn't clear just yet and will partly depend on how bad the next recession is. But a look back at the recession during the dot.com crash and the Great Recession (between 2007 and 2009) provides a yardstick. As the chart above highlights, the pandemic-driven recession wasn't as bad for Eaton's business. But it was short lived and unusual, so I want to see a more difficult test of the business before I'm willing to say management has succeeded on this front. I'm confident, however, that Eaton is more resilient today than it was at the turn of the century.

Eaton isn't a new company, but it is a changed company
Eaton is still focused on managing power, but the power it manages has changed greatly over time. Along with the recent shift toward electricity, the company has tried to fine-tune its business at a more fundamental level. I believe it has achieved important strides on that front, with higher and more consistent margins. I think we'll see a full test of that in the next five years, and I expect Eaton to pass the test in relative stride.

Reuben Gregg Brewer has positions in Eaton Plc. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.

Many companies pay dividends, and most of them make quarterly payments. However, some make monthly payouts, making them ideal for those seeking to generate passive income.

Despite tensions between the two, Canada might need a helping hand from Tesla, and could pay dearly for it.

Maybe you can call Canada and Tesla (TSLA 3.94%) frenemies. The tension between the two entities has existed since Tesla allegedly manipulated Canada's electric vehicle (EV) subsidy program. While Tesla believes it to be a misunderstanding and was later cleared of wrongdoing, it added to the political tension between the two nations, and added to the Canadian resentment toward Tesla CEO Elon Musk for then supporting the Trump administration.

It was a little messy, so it's even more entertaining now that Canada might actually put more dollars in the pockets of Tesla. Here's the situation.

What's going on
Canadian automakers have been raising red flags and could be in for a bumpy ride if Canada's electric vehicle (EV) mandate is enforced as currently described and EV sales don't accelerate. Essentially, Canada's EV sales mandate requires an automaker to ensure a certain percentage of new cars, SUVs, and light-duty trucks sold are zero-emission vehicles including hybrids.

Originally the mandate was supposed to start at 20% in 2026, but now it will begin in 2027 with the caveat that the initial target will be a challenging 27%. The percentage will rise steadily every year until 2035 when all new vehicle sales are intended to be EVs. For context, EV sales in Canada nearly reached 15% of total sales in 2024, but that was when the government was offering consumer rebates up to $5,000.

Once funding ran dry for the rebate in January, sales took a mighty plunge. The most recent data from Statistics Canada shows EV sales generated 7.7% of all new vehicle sales in July -- a far cry from what's going to be required to meet standards on average.

Image source: Tesla.

What are Canadian autos to do?
As most investors following the industry know, there's a way to comply with these mandates by purchasing zero-emission credits from companies that have a surplus. Companies such as Tesla that only sell EVs and have no gasoline vehicle sales to offset, can simply sell their credits to needy gasoline-heavy automakers and pocket the money -- it's great business for pure EV makers. Zero-emission credit sales were instrumental during Tesla's early years and still have been a major contributor to its financials.

The good news for Tesla is that Canadian automakers may not have an option other than to begrudgingly purchase from Tesla despite the ruffled feathers between the two entities. According to Canadian Vehicle Manufacturers' Association president Brian Kingston, with 2026 models already being purchased, Tesla would be one -- if not the only -- automaker with a surplus of credits on hand to sell to other companies.

It also gets a little more complicated because as the targets become more challenging there will be more demand and less supply of these credits available, forcing some automakers to buy them ahead of time to be utilized when necessary. According to Kingston, estimates show over $1 billion has already been committed to this and could cost the Canadian industry more than $3 billion by 2030.

What it all means
Zero-emission credits have been a huge business for Tesla, and the company has generated billions and billions of dollars over the years selling them to needy automakers. Unfortunately for Tesla and other EV makers, changing policy in the U.S. has erased the need for these credits in the states.

In fact, Tesla was estimated to generate $3 billion from credit revenue in 2025 alone before the policy change knocked that estimate down by 40%. Tesla's credit revenue is expected to plunge even further next year to $595 million before becoming irrelevant in 2027.

For investors, an extremely valuable Tesla revenue stream is about to dry up, unless Canada's mandate stays as written. While it wouldn't generate near the revenue the U.S. credit situation has, it would still be a welcome development as credit revenue in the U.S. fades rapidly -- and Tesla could sure use a small win right now.

Daniel Miller has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Tesla. The Motley Fool has a disclosure policy.

Nextech3D.AI (CSE:NTAR, OTCQX:NEXCF) CEO Evan Gappelberg spoke with Proactive about the company’s upcoming fourth quarter launch of a wallet less blockchain ticketing solution, aimed at solving major issues in the live events and ticketing industry. 

Gappelberg outlined how the platform eliminates the need for a crypto wallet, allowing broader adoption while offering anti-bot protection, programmable resale features, and secure identity compliance.  

“It opens up the doors to everybody,” he said, noting that the system turns compliance into a feature and allows event organizers to cap resale prices and earn from secondary sales. 

He emphasized the anti-bot functionality, which stops automated purchases that dominate ticket releases.  

Gappelberg also highlighted integration with Nextech3D.ai’s navigation tools, enabling users to find their seats easily at events. 

The company sees long-term potential beyond concerts and sports, including airline, train, and bus ticketing, representing what Gappelberg described as “hundreds of billions of dollars' worth of tickets globally.”  

With the use of USDC for faster payouts and the elimination of geographic restrictions, the platform is positioned as a borderless, secure solution. 

Nextech3D.ai plans to launch initially with MapD’s 500 customers in Q4. Phase Two is set for 2026, coinciding with wider adoption of custodial wallets by major institutions. 

The right growth ETF could transform your portfolio.

The S&P 500 index (^GSPC 0.59%) is a powerhouse, earning total returns of nearly 242% over the last 10 years, as of this writing. While investing in index-tracking funds like an S&P 500 ETF can be a great way to mitigate risk, growth stocks and exchange-traded funds (ETFs) can help supercharge your earnings over time.

Growth stocks are from companies poised for above-average earnings, and a growth ETF is a fund that only contains these types of stocks. While nobody can say for certain how any investment will fare over time, there's reason to believe these three ETFs will outperform the S&P 500 going forward.

Image source: Getty Images.

1. Schwab U.S. Large-Cap Growth ETF
The Schwab U.S. Large-Cap Growth ETF (SCHG 0.44%) contains 197 large-cap stocks across 10 industries -- though close to half of its holdings are from the technology industry.

Large-cap stocks are those from companies with a market capitalization of at least $10 billion, making them some of the largest and strongest organizations in the world. Because this ETF only contains large-cap stocks, it can somewhat limit your risk while still taking advantage of the growth these stocks have to offer.

This ETF has a history of beating the market, earning total returns of close to 394% over the last 10 years compared to the S&P 500's 242% in that time. In other words, if you'd invested $10,000 a decade ago, you'd have close to $50,000 versus $34,000 in total.

^SPX data by YCharts

Keep in mind that past performance doesn't predict future returns. Even though this ETF has a track record of outperforming the S&P 500, that doesn't guarantee it will continue to do so.

However, because this is a growth-focused fund that only contains stocks chosen specifically for their growth potential, there's a good chance that over decades, it will continue outperforming the market.

2. iShares Core S&P 500 Growth ETF
The iShares Core S&P 500 Growth ETF (IVW 0.46%) is similar in some ways to the Schwab fund, except it only contains high-growth companies that are listed in the S&P 500.

Like the previous ETF, all of the holdings within this fund are large-cap stocks. However, making it into the S&P 500 is an even higher bar, as this index maintains strict requirements for entry and is limited to 500 companies. Because only the strongest companies are listed in the S&P 500, the stocks in this fund are among the most likely to recover from economic downturns.

While it's earned slightly lower returns compared to the Schwab Large-Cap Growth ETF -- 335% total returns over 10 years -- this ETF is still a powerhouse that's outperformed the S&P 500.

^SPX data by YCharts

The iShares Core S&P 500 Growth ETF could be a good fit for those looking to limit risk while still earning above-average returns. Although the stocks in this ETF are industry-leading titans, they're still poised for significant growth and could substantially beat the market over time.

3. Vanguard Information Technology ETF
If you're comfortable with somewhat increased risk for the chance at earning explosive returns, a tech-focused ETF -- like the Vanguard Information Technology ETF (VGT 0.25%) -- could be a fantastic addition to your portfolio.

This ETF only includes stocks from the tech industry, which is a sector known for sky-high earnings. The three largest holdings are Nvidia, Microsoft, and Apple, but it contains over 300 other stocks from all corners of the tech space.

When it comes to performance, this ETF runs laps around the S&P 500. It's earned total returns of close to 630% in the last 10 years, and if you'd invested $10,000 a decade ago, you'd have close to $73,000 by today.

^SPX data by YCharts

Before you buy, though, be sure you're comfortable taking on higher levels of risk -- especially in the short term. The tech sector is often incredibly volatile, and during previous market slumps, this ETF has been hit hard. It's wise to avoid investing any money you may need in the next five years or so, and plan on holding your investment for the long haul despite any short-term turbulence.

Also, this ETF shouldn't be the only investment you own. Investing in only one industry can be dangerous, so double-check that the rest of your portfolio contains at least 25 to 30 stocks (or one or two well-diversified ETFs) to limit risk.

It's impossible to say how any investment will fare over time, but these three ETFs are focused on growth and have a long history of outperforming the market. The longer you stay invested, the more you can potentially earn.

Katie Brockman has positions in Vanguard Information Technology ETF. The Motley Fool has positions in and recommends Apple, Microsoft, and Nvidia. The Motley Fool recommends the following options: long January 2026 $395 calls on Microsoft and short January 2026 $405 calls on Microsoft. The Motley Fool has a disclosure policy.

NEW YORK, Sept. 27, 2025 (GLOBE NEWSWIRE) --

WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Lantheus Holdings, Inc. (NASDAQ: LNTH) between February 26, 2025 and August 5, 2025, both dates inclusive (the “Class Period”), of the important November 10, 2025 lead plaintiff deadline.

SO WHAT: If you purchased Lantheus securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

WHAT TO DO NEXT: To join the Lantheus class action, go to https://rosenlegal.com/submit-form/?case_id=44657 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than November 10, 2025. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm achieved the largest ever securities class action settlement against a Chinese Company at the time. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.

DETAILS OF THE CASE: According to the lawsuit, defendants throughout the Class Period provided overwhelmingly positive statements to investors while, at the same time, disseminating materially false and misleading statements and/or concealing material adverse facts concerning the true state of Pylarify’s competitive position; notably, that Lantheus was not equipped to properly assess the pricing and competitive dynamics for Pylarify; Lantheus failed to properly disclose that its early 2025 price increase, issued despite price erosion the year prior, created an opportunity for competitive pricing to flourish, risking Pylarify’s price point, revenue, and overall growth potential. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the Lantheus class action, go to https://rosenlegal.com/submit-form/?case_id=44657 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action.

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

Attorney Advertising. Prior results do not guarantee a similar outcome.

-------------------------------

Contact Information:

        Laurence Rosen, Esq.
        Phillip Kim, Esq.
        The Rosen Law Firm, P.A.
        275 Madison Avenue, 40th Floor
        New York, NY 10016
        Tel: (212) 686-1060
        Toll Free: (866) 767-3653
        Fax: (212) 202-3827
        [email protected]
        www.rosenlegal.com

, /PRNewswire/ --

Why: Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of purchasers of securities of Jasper Therapeutics, Inc. (NASDAQ: JSPR) between November 30, 2023 and July 3, 2025, both dates inclusive (the "Class Period"). A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than November 18, 2025.

So What: If you purchased Jasper Therapeutics securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

What to do next: To join the Jasper Therapeutics class action, go to https://rosenlegal.com/submit-form/?case_id=45109 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than November 18, 2025. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

Why Rosen Law: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm achieved the largest ever securities class action settlement against a Chinese Company at the time. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers.

Details of the case: According to the lawsuit, defendants made false and/or misleading statements and/or failed to disclose that: (1) Jasper lacked the controls and procedures necessary to ensure that the third-party manufacturers on which it relied were manufacturing products in full accordance with cGMP regulations and otherwise suitable for use in clinical trials; (2) the foregoing failure increased the risk that results of ongoing studies would be confounded, thereby negatively impacting the regulatory and commercial prospects of Jasper's products, including briquilimab; (3) the foregoing increased the likelihood of disruptive cost-reduction measures; (4) accordingly, Jasper's business and/or financial prospects, as well as briquilimab's clinical and/or commercial prospects, were overstated; and (5) as a result, defendants' public statements were materially false and misleading at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the Jasper Therapeutics class action, go to https://rosenlegal.com/submit-form/?case_id=45109 https://rosenlegal.com/submit-form/?case_id=44811or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action.

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

Attorney Advertising. Prior results do not guarantee a similar outcome.

Contact Information:
      Laurence Rosen, Esq.
      Phillip Kim, Esq.
      The Rosen Law Firm, P.A.
      275 Madison Avenue, 40th Floor
      New York, NY 10016
      Tel: (212) 686-1060
      Toll Free: (866) 767-3653
      Fax: (212) 202-3827
      [email protected]
      www.rosenlegal.com

SOURCE THE ROSEN LAW FIRM, P. A.

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, /PRNewswire/ --

Why: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of SelectQuote, Inc. (NYSE: SLQT) between September 9, 2020 and May 1, 2025, both dates inclusive (the "Class Period"), of the important October 10, 2025 lead plaintiff deadline.

So what: If you purchased SelectQuote securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

What to do next: To join the SelectQuote class action, go to https://rosenlegal.com/submit-form/?case_id=39510 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than October 10, 2025. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

Why Rosen Law: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm achieved the largest ever securities class action settlement against a Chinese Company at the time. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers.

Details of the case: According to the lawsuit, throughout the Class Period, defendants made false and misleading statements and/or failed to disclose that: (1) SelectQuote was directing Medicare beneficiaries to the plans offered by insurers that best compensated SelectQuote, regardless of the quality or suitability of the insurers' plans; (2) SelectQuote did not provided unbiased comparison shopping for Medicare Advantage insurance plans; (3) SelectQuote received illegal kickbacks to steer Medicare beneficiaries to certain insurers and limit enrollment in competitors' plans; (4) as a result, SelectQuote had not complied with applicable laws, regulations, and contractual provisions; (5) SelectQuote was vulnerable to regulatory and legal sanctions as a result of its conduct, including claims that it had violated the False Claims Act; and (6) as a result of the foregoing, defendants' positive statements about SelectQuote's business, operations, and prospects were materially misleading and/or lacked a reasonable basis. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the SelectQuote class action, go to https://rosenlegal.com/submit-form/?case_id=39510 call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action.

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

Attorney Advertising. Prior results do not guarantee a similar outcome.

Contact Information:

      Laurence Rosen, Esq.
      Phillip Kim, Esq.
      The Rosen Law Firm, P.A.
      275 Madison Avenue, 40th Floor
      New York, NY 10016
      Tel: (212) 686-1060
      Toll Free: (866) 767-3653
      Fax: (212) 202-3827
      [email protected]
      www.rosenlegal.com

SOURCE THE ROSEN LAW FIRM, P. A.

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James Wynn's new trade comes just days after being liquidated on the same token, as he believes ASTER's airdrop will be one of the biggest in crypto history. Sep 27, 2025, 6:55 p.m.

James Wynn, the pseudonymous trader behind a billion-dollar BTC$109,513.45 bet earlier this year, is back. This time, Wynn is making a leveraged play on ASTER just days after being liquidated on the same token.

Wynn has opened a new 3x leveraged long on ASTER, the native token of the emerging Aster perpetuals exchange, worth over $16,000, entering at $1.97 with a liquidation level around $1.57.The move was first spotted by Onchain Lens.

STORY CONTINUES BELOW

While the dollar amount seems small compared to Wynn's previous positions, the trade is likely to be a hedge on a different position on Aster itself. "I’m farming the $ASTER airdrop,” the trader wrote on X. “I believe it will be one of the biggest [in] crypto history.”

The move is Wynn’s latest high-risk bet on Hyperliquid, an onchain derivatives platform where he previously took out a $1.2 billion long on bitcoin using 40x leverage.

That position closed with a $17.5 million loss, before he flipped into a billion-dollar short. At one point, he had his entire $50 million wallet on the line.

That wild streak ended with Wynn saying he was walking away “a wynner” after netting $25 million in profit.

Read more: How James Wynn's $100M Implosion Is Familiar Leverage Tale

AI Disclaimer: Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards. For more information, see CoinDesk's full AI Policy.

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Total Crypto Trading Volume Hits Yearly High of $9.72T

Sep 9, 2025

Combined spot and derivatives trading on centralized exchanges surged 7.58% to $9.72 trillion in August, marking the highest monthly volume of 2025

What to know:

Combined spot and derivatives trading on centralized exchanges surged 7.58% to $9.72 trillion in August, marking the highest monthly volume of 2025Gate exchange emerged as major player with 98.9% volume surge to $746 billion, overtaking Bitget to become fourth-largest platformOpen interest across centralized derivatives exchanges rose 4.92% to $187 billionView Full Report

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Bitcoin Trails Equities, Metals, and USD in Q3. Here Is a Key Level to Watch for Next Move

1 hour ago

Options expiry and key technical levels weigh on BTC as equities and bitcoin trends diverge.

What to know:

Bitcoin fell 5% in Week 38, historically the third-most bearish week on average.Treasury firms like Strategy and Metaplanet face severe mNAV compression amid low BTC volatility.Over $17B in options expired on Friday with max pain at $110,000, acting as a magnet for spot price.Read full story

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

The crypto market faced a sharp downturn this week, with Bitcoin (BTC), Ethereum (ETH), and Dogecoin (DOGE) experiencing significant sell pressure. Although red candles continue to dominate the charts, a crypto analyst has pointed out key factors suggesting that this unexpected beatdown could be laying the groundwork for a rebound as the final quarter of the year approaches. 

Why Bitcoin, Ethereum, And Dogecoin Are Dropping Hard
According to market analyst Ash Crypto, the current market decline is being driven by a series of macroeconomic and technical factors. In an X social media post on Thursday, he explained that the first and most immediate factor behind the pressure is the looming options expiry event. With $23 billion in Bitcoin and Ethereum options set to expire, volatility has intensified. 

Ash Crypto stressed that whales, who often steer the market toward the “max pain” price, are now actively pushing Bitcoin near $110,000, ETH closer to $3,700, and DOGE down to $0.23. The analyst highlights that this growing pressure has sparked panic selling among retail investors in the crypto market. 

Additionally, the potential threat from the United States government has further rattled the markets. With a 67% probability of occurring by October 1, 2025, Ash Crypto reports that uncertainty has significantly impacted investor sentiment. Historically, government shutdowns have triggered corrections in the equity and crypto markets, and the current environment is showing similar signs. 

Source: Chart from Ash Crypto on X
Meanwhile, a surprisingly robust US GDP growth data has created another layer of bearish short-term pressure. According to Ash Crypto, Q2 GDP was revised to 3.8% from the initially expected 3.3%, signaling strong economic resilience. While positive in the long run, the analyst notes that robust economic indicators tend to reduce the likelihood of interest rate cuts by the Federal Reserve (FED). For risk assets like crypto, this has translated into an immediate selloff as traders reposition in anticipation of tighter monetary conditions. 

Why This Dip Could Be Setting The Stage For A Bounce
Amidst the broader market turmoil, another critical factor has contributed to the recent decline in crypto. Ash Crypto notes that retail investors, drawn by the excitement around perpetual DEXs, have piled into high-leverage positions on altcoins, amplifying potential volatility. He stated that at one point, altcoin Open Interest nearly doubled that of Bitcoin. When market sentiment shifted, massive liquidations swept across exchanges, intensifying the sell-off and accelerating the market’s decline. 

While disruptive in the short-term, the analyst suggests that this process of unwinding leveraged positions often sets the stage for a significant bounce and more sustainable market rallies. He highlighted that by flushing out overextended positions, whales and institutional players create an environment that favours accumulation. 

Ash Crypto further highlighted that this cycle appears to be a deliberate play by whales to trigger panic selling before the fourth-quarter rally. He disclosed that September began on a bullish note, convincing traders that prices would only continue upward, only for sharp corrections to reset the market.

Bitcoin trading at $109,376 on the 1D chart | Source: BTCUSDT on Tradingview.com
Featured image from Unsplash, chart from Tradingview.com

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NYDIG argued that mNAV fails to account for operating businesses and uses assumed shares outstanding, which can be inaccurate. Sep 27, 2025, 7:00 p.m.

Strive Asset Management (ASST) has acquired Semler Scientific (SMLR) in an all-stock deal. While historic, the move also drew attention to what may be a problem for investors valuing bitcoin treasury firms.

The acquisition was the first-ever merger between two Digital Asset Treasuries (DATs) holding bitcoin, giving the combined company control of more than 10,900 BTC and increases net asset value (NAV) per share, which DAT investors view as a measure of “yield.”

STORY CONTINUES BELOW

In a note this week commenting on the acquisition, Greg Cipolaro, Global Head of Research at NYDIG, argued that the commonly used “mNAV” metric, defined as market cap divided by crypto held, should be removed from industry reporting altogether.

“At best, it’s misleading; at worst, it’s disingenuous,” the firm claimed in the note.

NYDIG pointed out that it fails to account for operating businesses or other assets that a DAT may own. Most major bitcoin treasury firms do, indeed, operate businesses that add value.

Second, NYDIG wrote, mNAV often uses “assumed shares outstanding,” which could include convertible debt that hasn’t met conversion conditions.

“Convert holders would demand cash, not shares, in exchange for their debt. This is a much more onerous liability for a DAT than simply issuing shares,” the firm added. “Because convertible debt is essentially volatility harvesting (converts are debt + call options), the DAT is incentivized to maximize its equity volatility.”

Currently, publicly traded bitcoin treasury firms hold over 1 million BTC, and many are now trading below their mNAV, which could suggest more acquisitions are coming in the near future.

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Crypto Miner TeraWulf to Raise $3B in Google-Backed Debt Deal to Expand Data Centers

4 hours ago

Google already owns 14% of TeraWulf and is supporting other crypto firms like Cipher Mining in their AI expansions.

What to know:

TeraWulf plans to raise $3 billion in debt to expand its data centers, backed by Google.The funding will help TeraWulf tap into the AI industry's growing demand for data centers.Google already owns 14% of TeraWulf and is supporting other crypto firms, such as Cipher Mining, in their AI expansions.Read full story

Why Trust CoinGape

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The U.S. Securities and Exchange Commission (SEC) is preparing for a key week in October as six applications for spot XRP exchange-traded funds (ETFs) move toward decision deadlines. The rulings, expected between October 18 and October 25, could determine whether XRP becomes the third cryptocurrency after Bitcoin and Ethereum to gain access to U.S.-listed spot ETFs. 

SEC to Review Multiple XRP ETF Applications Under New Listing Standards
According to a X post by XRP_Cro, the SEC’s schedule places several high-profile applications into focus. Grayscale’s XRP ETF is set for review on October 18. The 21Shares Core XRP Trust ETF will follow on October 19. The agency will then consider Bitwise’s XRP ETF on October 22, with rulings on Canary Capital’s and CoinShares’ proposals expected October 23. WisdomTree’s XRP ETF filing completes the week on October 24.

🔥 XRP ETFs could bring huge institutional inflows and push $XRP to new ATH $8-$10!

13 Issuers 💵
19 Products 🎁 (9 Spot / 9 Futures)
10 Live 🟢 | 9 Pending 🔴 pic.twitter.com/GiFEr1IpFr

— XRP_Cro 🔥 AI / Gaming / DePIN (@stedas) September 27, 2025

These submissions arrive during changes in the regulatory dynamics. In recent weeks, the SEC approved generic listing standards for crypto ETFs. This change aims to accelerate approvals beyond the case-by-case framework applied to earlier filings.

The first U.S.-listed ETF tied directly to spot XRP, the REX-Osprey XRP ETF (ticker: XRPR), was launched in late September. The product quickly expanded with the addition of options trading, indicating that XRP-related investment vehicles are already entering regulated markets.

In parallel, the Hashdex Index ETF gained clearance under the SEC’s updated listing standards. Market participants note that this framework could allow the inclusion of additional crypto assets such as XRP.

Derivatives, ETFs, and a Bank Charter Could Reshape XRP Momentum in October
Momentum behind XRP derivatives has also intensified. Data from CME Group show that XRP futures open interest recently surpassed $1 billion. This marks the fastest growth rate among crypto derivatives contracts tracked by the exchange.

Also, CME confirmed it will announce the launch options on XRP and Micro XRP futures on October 13. The move is expected to expand institutional access to the asset class.

Industry observers point to these developments as evidence of rising institutional appetite for regulated XRP products. The timing of new derivatives alongside pending ETF decisions suggests that October could mark a turning point in the market structure for XRP.

Alongside the ETF process, Ripple’s application for a national bank charter remains under review by the Office of the Comptroller of the Currency (OCC). A decision is also anticipated in October, adding another layer of regulatory value to the month.

Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.

Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.

As the world shifts from a U.S.-dominated unipolar order to a multipolar landscape led by BRICS nations, the U.S. dollar faces unprecedented pressure from declining bond demand and rising debt costs. The Genius Act, passed in July 2025, signals a bold U.S. strategy to counter this by legalizing Treasury-backed stablecoins, unlocking billions in foreign demand for U.S. bonds.

The blockchain hosting these stablecoins will shape the global economy for decades. Bitcoin, with its unmatched decentralization, Lightning Network privacy, and robust security, emerges as the superior choice to power this digital dollar revolution, ensuring low switching costs when fiat inevitably fades. This essay explores why the dollar must and will become digitized via blockchains and why Bitcoin must become its rails for the U.S. economy to have a soft landing from the highs of being a global empire. 

End of the Unipolar World You might have heard that the world is transitioning from a unipolar world order — where the United States was the only superpower and could make or break markets and dominate conflicts across the globe — to a multipolar world, where a union of Eastern-allied countries can organize despite U.S. foreign policy. This eastern alliance is called BRICS and is made up of major countries like Brazil, Russia, China and India. The inevitable consequence of the rise of BRICS is the restructuring of geopolitics, posing a challenge to the hegemony of the U.S. dollar system.

There are many apparently isolated data points that signal this restructuring of the world order. Take, for example, the United States’ military alliance with a country like Saudi Arabia. The U.S. is no longer defending the petrodollar agreement, which saw Saudi oil sold only for dollars in exchange for military defense of the region. The petrodollar strategy was a major source of demand for the dollar and was considered pivotal to the strength of the U.S. economy since the ’70s, but has effectively ended in recent years — at least since the start of the Ukraine war, when Saudi Arabia began accepting currencies other than the dollar for oil-related trades.

The Weakening of the U.S. Bond Market Another critical data point in the geopolitical change of the world order is the weakening of the U.S. bond market. Doubts about the long-term creditworthiness of the U.S. government are growing. Some have concerns about the country’s internal political instability, while others are skeptical that the current government structure can adapt to the rapidly changing, high-tech world and the rise of BRICS.

Elon Musk, reportedly the richest man in the world and arguably the most effective CEO in history, capable of running multiple seemingly impossible companies simultaneously — such as SpaceX, Tesla, The Boring Company and X.com — is one of these skeptics. Musk recently spent months with the Trump administration figuring out how to restructure the federal government and the country’s financial position via DOGE, the Department Of Government Efficiency, before an abrupt exit from politics in May.

Musk recently shocked the internet in an All-In Summit appearance where he commented on his experience on the matter, saying, “I haven’t been to DC since May. The government is basically unfixable. I applaud David (Sacks’) noble efforts… but at the end of the day, if you look at our national debt.. .if AI and robots don’t solve our national debt, we’re toast.”

🚨ELON MUSK: "I haven't been to DC since May. The government is basically unfixable. I applaud David (Sacks') noble efforts…but at the end of the day if you look at our national debt…if AI and robots don't solve our national debt, we're toast." pic.twitter.com/XKSes4fBfq

— Autism Capital 🧩 (@AutismCapital) September 10, 2025 If Elon Musk can’t get the U.S. government to pivot away from financial doom, who can?

Doubts of this sort are reflected in the low demand for long-term U.S. bonds, as evidenced by the need for higher interest rates to attract investors. Today, the US30Y is at 4.75%, a 17-year high. Demand in long-dated auctions of U.S. bonds, like the US30Y, has also trended downward with “disappointing” demand in 2025, according to Reuters.

The weakening demand for long-dated U.S. bonds has significant consequences for the U.S. economy. The U.S. Treasury has to offer higher interest rates to entice investors, in turn increasing the payments the U.S. government has to make on the interest of the national debt. Today, the U.S. interest payments are close to one trillion dollars a year, more than the whole military budget of the country.

If the United States fails to find enough buyers for its future debt, it may struggle to pay its immediate bills, having to rely instead on the Fed to buy that debt, which expands its balance sheet and the money supply. The effects, though complex, would likely be inflationary on the dollar, further harming the U.S. economy.

How Sanctions Wounded the Bond Market Further weakening the U.S. bond market, in 2022, the United States manipulated the U.S.-controlled bond market rails against Russia in response to its invasion of Ukraine. As the Russians invaded, the U.S. froze Russian treasury reserves held overseas, which were intended in part to pay its national debt to Western investors. In what looks like an attempt to force Russia into a default, the U.S. also reportedly began blocking all attempts made by Russia to pay off its own debt to foreign bondholders.

A U.S. Treasury spokeswoman confirmed at the time that certain payments were no longer being allowed.

“Today is the deadline for Russia to make another debt payment,” the spokeswoman said.

“Beginning today, the U.S. Treasury will not permit any dollar debt payments to be made from Russian government accounts at U.S. financial institutions. Russia must choose between draining remaining valuable dollar reserves or new revenue coming in, or default.”

The U.S. effectively weaponized the bond market against Russia through a novel use of its foreign policy sanctions regime. But sanctions are a double-edged sword: Since then, foreign demand for U.S. bonds has weakened as nations not aligned with U.S. foreign policy looked to diversify their risk. China has led this trend away from U.S. bonds, its holdings peaked in 2013 at over 1.25 trillion dollars and has accelerated downward since the beginning of the Ukraine war, sitting today at close to 750 billion. 

While this event demonstrated the devastating effectiveness of sanctions, it also deeply wounded confidence in the bond market. Not only was Russia blocked from paying off its debts under the Biden administration sanctions, also harming investors as collateral damage, but the freezing of its foreign treasury reserves showed the world that if you, as a sovereign nation, go against U.S. foreign policy, all bets are off — and that includes the bond market.

Following the arguable overreach of sanctions from the previous administration, the Trump admin has backed off from sanctions as a strategy, since they harm the U.S. financial sector, and pivoted to a tariff-based approach to foreign policy. These tariffs so far have had mixed results. While the Trump administration boasts record revenue and infrastructure investments by the private sector in the country, Eastern nations have accelerated their collaboration through the BRICS alliance.

The recent SCO summit in Tianjin, China, brought together world leaders, including Chinese President Xi Jinping, Russian President Vladimir Putin and Prime Minister of India Narendra Modi, among others. The most notable news to come out of the SCO summit was a joint pledge by India and China to be “partners not rivals,” a further step toward the multipolar world order.

The Stablecoin Playbook While China has divested from U.S. bonds in the past decade, a new buyer has emerged, quickly entering the top echelons of power. Tether, a financial technology company born in the early days of Bitcoin and originally built on top of its network through the Mastercoin layer-two protocol, today owns $171 billion worth of U.S. bonds, close to a quarter of the amount China owns and more than most other countries.

Tether is the issuer of the most popular stablecoin, USDT, with a market cap of 171 billion dollars in value in circulation, equivalent to its reported bond holdings. The company reported $1 billion in profits for Q1 of 2025, with a simple yet brilliant business model: buy short-dated U.S. bonds, emit USDT tokens backed 1-for-1, and pocket the coupon interest payments from the U.S. government. With 100 employees at the beginning of the year, Tether is said to be one of the most profitable companies per employee in the world.

Circle, the issuer of USDC and the second-most popular stablecoin in the market, also holds close to $50 billion in short-dated treasuries. Stablecoins are used all over the world, particularly in Latin America and developing nations, as an alternative to local fiat currencies, which suffer far deeper inflation than the dollar and are often hindered by capital controls.

The volume processed by stablecoins today is beyond a niche, nerd financial toy; it is in the trillions of dollars. A 2025 Chainalysis report states, “Between June 2024 and June 2025, USDT processed over $1 trillion per month, peaking at $1.14T in January 2025. USDC, meanwhile, ranged from $1.24T to $3.29T monthly. These volumes highlight the continued centrality of Tether and USDC in crypto market infrastructure, especially for cross-border payments and institutional activity.”

Latin America, for example, accounted for 9.1% of total crypto value received between 2023 and 2024, with year-to-year usage growth rates of 40-100%, of which over 50% were stablecoins, according to a 2024 Latin America-focused report by Chainalysis, demonstrating the strong demand for alternative currencies in the developing world.

The U.S. needs new demand for its bonds, and that demand exists in the form of demand for the dollar, given that most people throughout the world are locked into fiat currencies that are far inferior to those of the United States. If the world transitions to a geopolitical structure that forces the dollar to compete on even terms with all other fiat currencies, it nevertheless may continue to be the best among them. The United States, for all its faults, remains a superpower, with incredible wealth, human capital and economic potential, particularly when compared to many smaller countries and their questionable pesos.

Latin America has demonstrated a deep hunger for the dollar, but there’s a supply problem as local nations resist legacy banking dollar rails. Getting access to dollar-denominated accounts in many countries outside of the United States is not easy. Local banks are often tightly regulated and serve at the behest of local governments, who also have an interest in defending their peso. The U.S. is not the only government that understands the value of printing money and defending its value, after all.

Stablecoins solve both problems; they create demand for U.S. bonds and can deliver dollar-denominated value to everyone, anywhere in the world, despite the interests of their local governments.

Stablecoins, leveraging the censorship-resistant qualities of their underlying blockchains, can provide individuals plausible deniability and privacy from their local state, a feature that local banks cannot provide. As a result, the U.S., through the promotion of stablecoins, can access foreign markets it has yet to reach, expanding its demand and user base, while also exporting dollar inflation to nations that do not have a direct influence on American politics — a long tradition in the history of the USD. From a strategic perspective, this sounds ideal for the United States, and it is a simple extension of how the USD has worked for decades, just on top of new financial technology.

The U.S. government understands this opportunity. According to Chainalysis, “The stablecoin regulatory landscape has evolved significantly over the past 12 months. While the GENIUS Act in the U.S. (which legalized U.S. bond-backed stablecoins) has not yet taken effect, its passage has driven strong institutional interest.”

Why Stablecoins Should Ride On Top of Bitcoin The best way to make sure Bitcoin benefits from the elevation of the developing world out of mediocre fiat currencies is to make sure the dollar uses Bitcoin as its rails. Every dollar stablecoin wallet should be a Bitcoin wallet as well.

Critics of the Bitcoin dollar strategy will say that it goes against Bitcoin’s libertarian roots, that Bitcoin was supposed to replace the dollar — not enhance it or bring it into the 21st century. However, this concern is largely U.S.-centric. It is easy to condemn the dollar when you get paid in dollars and your bank accounts are denominated in USD. It is easy to critique a 2-8% dollar inflation rate (depending on how you measure it) when that’s your local currency. In too many countries outside of the U.S., 2-8% yearly inflation would be a blessing.

A large portion of the population of the world suffers from fiat currencies far worse than the dollar, with inflation rates in the low-to-high double digits and even triple digits, which is why stablecoins have already gained massive adoption throughout the third world. The developing world needs to get off the sinking ship first. The hope is that once they are on a stable boat, they might start looking around for ways to upgrade to the Bitcoin yacht.

Unfortunately, most stablecoins are not on top of Bitcoin today, despite having started on Bitcoin, a technical reality that is a big source of friction and risk for users. The majority of the stablecoin volume today runs on the Tron blockchain, which is a centralized network run on a handful of servers by Justin Sun, a Chinese national who can be easily targeted by foreign states that dislike the spread of dollar stablecoins inside their borders.

Most of the blockchains on top of which stablecoins move today are also totally transparent. Public addresses, which serve as account numbers for their users, are publicly trackable, often linked by local exchanges to the user’s personal data, and easily accessible by local governments. That’s a lever foreign nations can use to push back on the spread of dollar-denominated stablecoins.

Bitcoin does not have these infrastructure risks. Unlike Ethereum, Tron, Solana, etc., Bitcoin is highly decentralized, with tens of thousands of copies of itself throughout the world and a robust peer-to-peer network used to transmit transactions in a way that can easily route around any bottlenecks or choke points. Its proof-of-work layer provides a separation of powers that other proof-of-stake blockchains do not have. Michael Saylor, for example, despite his massive stack of bitcoins, 3% of the total supply, does not have a direct vote on the consensus politics of the network. The same can not be said for Vitalik, and the proof-of-stake consensus politics of Ethereum, or Justin Sun and Tron.

Furthermore, the Lightning Network on top of Bitcoin unlocks instant transaction settlement, which benefits from Bitcoin’s underlying blockchain security. While also providing users significant privacy, as all Lightning Network transactions are off-chain by design, and do not leave an eternal footprint on its public blockchain. This fundamental difference in approach to payments grants users privacy from those they send money to, as well as from third-party observers who do not run Lightning wallets or high-liquidity Lightning nodes. This reduces the number of threat actors that can invade user privacy from anyone who feels like looking at the blockchain, to a handful of highly competent entrepreneurs and technology firms, at worst.

Users can also run their own Lightning nodes locally and choose how they connect to the network, and plenty of people do, taking their privacy and security into their own hands. None of these qualities can be seen in the blockchains that most people use for stablecoins today.

Compliance policies and even sanctions could still be applied to dollar stablecoins, their governance anchored to Washington, with the same analytics and smart-contract-based approaches used today to stop criminal use of stablecoins. There’s no fundamental way to decentralize something like the dollar; after all, it is centralized by design. However, if most of the stablecoin value were to be transferred over the Lightning Network instead, user privacy could also be maintained, protecting users in developing nations from organized crime and even their local governments.

Ultimately, what users care about is transaction fees — the cost of moving their money around — which is why Tron has dominated the market so far. However, with USDT coming online on top of the Lightning Network, that could soon change. In the Bitcoin dollar world order, the Bitcoin network would become the medium of exchange of the dollar, while the dollar would remain, for the foreseeable future, as the unit of account.

Can Bitcoin Survive This? Critics of this strategy are also concerned about the impact the Bitcoin dollar strategy may have on Bitcoin itself. They wonder if putting the heavy incentives of the dollar on top of Bitcoin can distort its underlying structure. The most obvious way in which a superpower like the U.S. government might want to manipulate Bitcoin is to bend it into compliance with sanctions regimes, something they could theoretically do at the proof-of-work layer.

However, as discussed earlier, the sanctions regime has arguably already peaked, giving way to the era of tariffs, which seek to control the flow of goods rather than the flow of funds. This post-Trump, post-Ukraine war shift in U.S. foreign policy strategy actually relieves pressure off Bitcoin.

https://bitcoinmagazine.com/culture/the-birth-of-the-bitcoin-dollar

Furthermore, as major Western corporations, such as BlackRock, and even the U.S. government, continue to adopt bitcoin as long-term investments, or, in the words of President Donald J. Trump, a “Strategic Bitcoin Reserve,” they too start to align with the future success and survival of the Bitcoin network. Attacking Bitcoin’s censorship resistance qualities would not only undermine their investment in the asset but would also weaken the network’s ability to deliver stablecoins to the developing world. 

The most obvious compromise that Bitcoin would have to make in the Bitcoin dollar world order is to give up the unit of account dimension of money. This is bad news for many Bitcoiners, and rightfully so. Unit of account is the mecca of hyperbitcoinization, and many of its users live in that world today, as they calculate their economic decisions based on the ultimate impact on the amount of sats they hold. However, nothing can really take that away from those who understand Bitcoin as the most sound money to have ever existed. In fact, the conviction of Bitcoin as a store of value and a medium of exchange will be reinforced with this Bitcoin dollar strategy.

Sadly, after 16 years of attempts to make bitcoin a unit of account as ubiquitous as the dollar, some are recognizing that in the medium term, the dollar and stablecoins will likely fulfill that use case. Bitcoin payments will never go away, and bitcoiner-led companies will continue to rise and should continue to accept bitcoin as payment to build up their bitcoin treasuries — but stablecoins and dollar-denominated value will likely dominate crypto trade in the coming decades. 

Nothing Stops This Train As the world continues to adapt to the rising powers in the east and the emergence of the multipolar world order, the United States will likely have to make difficult and pivotal decisions to avoid a long-lasting financial crisis. The country could, in theory, lower its spending, pivot, and restructure in order to become more efficient and competitive in the 21st century. And the Trump administration is certainly trying to do just that, as seen by the tariff regime and other related efforts, which attempt to bring back manufacturing of essential industries into the United States and bolster its local talent. However, in the now legendary words of Lyn Alden, nothing stops this train.

While there are a few miracles that perhaps could solve the United States’ financial woes, such as the science-fiction-like automation of labor and intelligence, and even the Bitcoin dollar strategy, ultimately, even putting the dollar on the blockchain won’t change its fate: to become a collectible for history buffs, a rediscovered token of an ancient empire fit for a museum.

The dollar’s centralized design and dependence on American politics ultimately doom the dollar as a currency, but if we are realistic, its demise might not be seen for another 10, 50 or even 100 years. When the time does come, if history repeats, Bitcoin should be there as the rails, ready to pick up the pieces and fulfill the prophecy of hyperbitcoinization.

BM Big Reads are weekly, in-depth articles on some current topic relevant to Bitcoin and Bitcoiners. Opinions expressed are those of the authors and do not necessarily reflect those of BTC Inc or Bitcoin Magazine. If you have a submission you think fits the model, feel free to reach out at editor[at]bitcoinmagazine.com.

Bitcoin Trails Equities, Metals, and USD in Q3. Here Is a Key Level to Watch for Next MoveOptions expiry and key technical levels weigh on BTC as equities and bitcoin trends diverge. Sep 27, 2025, 6:00 p.m.

BTC$109.494,68 just ended what is historically the largest cryptocurrency's third-worst week of the year with a greater-than-average drop of 5%. Week 38 effectively closes out the third quarter, which is up about 1%, as well as September, which has managed to hold flat.

While the figures are consistent with the period's historical reputation as one of the weakest seasons of the year, a few catalysts might have contributed to the underperformance.

STORY CONTINUES BELOW

On Friday, more than $17 billion in options expired, with the max pain price — the strike price at which option holders lose the most money and options writers profit the most — sitting at $110,000, which acted as a gravitational center for the spot price.

A key technical factor remains the short-term holder cost basis at $110,775, which reflects the average on-chain acquisition price for coins that moved in the past six months.

Bitcoin tested this level in August, and in bull markets, it typically moves toward this line multiple times. This year, it broke significantly below that level only once: during the tariff tantrum in April, when it dropped to as low as $74,500.

Cost Basis (Glassnode)

Zooming out, it is important to assess whether bitcoin remains in an uptrend characterized by higher highs and higher lows to get an idea of whether the rally is sustainable.

Analyst Caleb Franzen highlights that bitcoin has slipped below its 100-day exponential moving average (EMA), with the 200-day EMA sitting at $106,186. The previous significant low was around $107,252 on Sept. 1, and for the broader trend to remain intact, bitcoin will need to hold above that level.,

Macro BackdropThe U.S. economy grew at an annualized pace of 3.8% in the second quarter, well above the 3.3% estimate and the strongest performance since the second quarter of 2023. Initial jobless claims dropped by 14,000 to 218,000, coming in below expectations and marking the lowest level since mid-July. While spending data came in line with the market's expectation. The US core PCE price index, the Federal Reserve's preferred measure of underlying inflation that excludes food and energy, rose 0.2% in August 2025 from the prior month.

The yield on 10-year U.S. Treasuries bounced off the 4% support, and is now trading near 4.2%. The dollar index (DXY) continues to hover around long-term support at 98. Meanwhile, metals are leading the action, with silver at around $45 approaching an all-time high at levels last seen in 1980 and 2011. U.S. equities, in the meantime, are just shy of their records.

Bitcoin remains the outlier at more than 10% below its peak.

DXY (TradingView)

Bitcoin-Exposed EquitiesBitcoin treasury companies continue to face severe multiple-to-net-asset-value (mNAV) compression. Strategy (MSTR) is barely positive year-to-date. At one point, it dipped below $300, a negative return for 2025.

The ratio between Strategy and BlackRock iShares Bitcoin Trust ETF (IBIT) stands at 4.8, the lowest since October 2024, which shows just how much the largest bitcoin treasury company has underperformed bitcoin over the past 12 months.

MSTR/IBIT Ratio (TradingView)

Strategy’s enterprise mNAV is currently 1.44 (as of Friday). Enterprise value here accounts for all basic shares outstanding, total notional debt and total notional value of perpetual preferred stock minus the company’s cash balance.

The silver lining for MSTR is that three of the four perpetual preferred stocks, STRK, STRC and STRF, are all sporting positive lifetime returns as Executive Chairman Michael Saylor looks to buy more BTC through these vehicles.

A growing issue for MSTR is the lack of volatility in bitcoin. The cryptocurrency's Implied volatility — a measure of the market’s expectation of future price fluctuations — has dropped below 40, the lowest in years.

This matters because Saylor has often framed MSTR as a volatility play on bitcoin. For comparison, MSTR’s implied volatility is at 68. Its annualized standard deviation of daily log returns over the past year was 89%, while over the last 30 days it has fallen to 49%.

For equities, higher volatility often attracts speculators, generates trading opportunities and draws investor attention, so the decline is likely acting as a headwind.

Meantime, the fifth-largest bitcoin treasury company, Metaplanet (3350), holds 25,555 BTC and still has roughly $500 million left to deploy from its international offering. Despite this, its share price continues to struggle at 517 yen ($3.45), more than 70% below its all-time high.

Metaplanet’s mNAV has dropped to 1.12, down sharply from 8.44 in June. Its market capitalization now stands at $3.94 billion compared to a bitcoin NAV of $2.9 billion, with an average BTC acquisition cost of $106,065.

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Total Crypto Trading Volume Hits Yearly High of $9.72T

Sep 9, 2025

Combined spot and derivatives trading on centralized exchanges surged 7.58% to $9.72 trillion in August, marking the highest monthly volume of 2025

What to know:

Combined spot and derivatives trading on centralized exchanges surged 7.58% to $9.72 trillion in August, marking the highest monthly volume of 2025Gate exchange emerged as major player with 98.9% volume surge to $746 billion, overtaking Bitget to become fourth-largest platformOpen interest across centralized derivatives exchanges rose 4.92% to $187 billionView Full Report

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As Gold Keeps Setting New Highs, China Reportedly Wants to be Its Custodian for Central Banks

2 hours ago

Beijing is said to be courting foreign central banks to store bullion in Shanghai vaults as gold hovers near record highs and demand strengthens.

What to know:

China is reportedly courting central banks to store gold in Shanghai as part of a push to boost its role in bullion markets.Spot gold hit fresh records near $3,785 an ounce Friday as demand from central banks fueled momentum, with analysts linking the move to de-dollarization.Analysts note China’s domestic gold market is already the world’s largest, but London remains the leading hub for global reserve custody.Read full story

Smart money is flowing into BNB Chain, with on-chain data showing over $700,000 invested in new projects within 24 hours.

The network is also experiencing a surge in developer activity and infrastructure improvements, which analysts believe could position it to compete with networks like Base and Solana.

Strong Token Inflows And Increased Activity
Blockchain analytics platform Nansen shared via X that investors have been making “smart money” moves on BNB Chain in the last day. The ecosystem has recorded notable inflows over the period, with several tokens showing positive movement despite some volatility.

STBL led the gains with a 33% increase, attracting $602,000 in new capital, while $BTCB remained steady but added $41,000. WOD continued to trade in the red, yet still drew $22,000. On the other hand, TRAD00R registered a 12% gain with $120,000 in inflows, while PROVE saw a more modest flow of $7,700.

Analysts say that these token movements show a growing belief among traders that the BNB Chain is capable of competing with players like Base and Solana. Elsewhere, statistics indicate that the network is actually running at under 30% of its capacity, which means that there remains unused potential for transaction throughput growth.

The network has also experienced an influx in developer activity, with new dApps, connectors, and AI-powered platforms being deployed across the ecosystem. Infrastructure improvements like Parallel EVM, gasless stablecoin transactions, and MEV protection have helped the platform become more efficient at processing higher volumes of transactions without losing performance.

The current architecture is projected to handle three times more state data while enabling faster block times. Validators have also proposed reducing gas fees from 0.1 Gwei to 0.05 Gwei, which would lower transaction costs to around $0.005 and rank BNB Chain among the most affordable networks in the industry. Similar measures have proven effective before, with the April 2024 fee cut driving a 75% decline in median costs and a 140% increase in daily transactions.

BNB Price Outlook
Binance Coin (BNB) recently crossed the $1,000 mark, peaking at $1,079 before stabilizing around  $1,025. This milestone coincides with a $2.37 billion surge in open interest on BNB futures, which shows greater investor activity.

Meanwhile, RSI hovers between 74 and 81, while  the MACD line remains above the signal line, showing strong bullish momentum. However, there are also early signs of divergence suggesting the rally may be entering a more fragile phase.

CZ is already forecasting stellar long-term returns for BNB, but analysts advise that user and developer growth, and consistent smart capital inflows, are more vital for the project’s survival in the near future.

Dogecoin (DOGE) has recently pushed past the $0.24 mark, signaling renewed strength in its price action after weeks of sideways movement. The rally has attracted fresh retail interest and sparked optimism about a potential continuation toward higher resistance levels. However, momentum appears fragile as trading volumes show signs of cooling, and larger holders are beginning to take profits. With sentiment across the broader crypto market turning cautious, DOGE price now sits in a crucial range. Failure to ignite a rebound here could expose the meme coin to a sharp 20% pullback.

Will the Dogecoin (DOGE) Price Plunge Below $0.2?In the past 24 hours, Dogecoin (DOGE) saw a notable on-chain move as a whale transferred around 122 million DOGE (worth nearly $28.5 million) off Binance to a private wallet. Such exchange outflows are often viewed as a sign of accumulation and confidence in long-term prospects, reducing immediate selling pressure on the market. This aligns with recent data showing large holders steadily adding to their positions despite short-term price volatility. If bullish momentum holds, DOGE may attempt another rebound from its current range, but failure to sustain demand could still trigger a steep pullback.

The weekly price chart of DOGE suggests the popular memecoin is still in a consolidation phase, but the bulls are in control. The price continues to trade within the upper bands of Bollinger, which usually suggests strength and bullishness in the market. Instead of sharp pullbacks, the token is digesting gains, which often precedes another upward leg. It also suggests the popular memecoin could be preparing for a breakout higher if the buying volume picks up. On the contrary, if the consolidation lingers too long or bands begin to widen excessively, it can also signal overbought conditions and a possible short-term correction. 

On the other hand, the CMF is displaying bearish divergence below 0, signaling the buying pressure is weakening, even though the price continues to consolidate. This is a red flag, indicating the rally may lose momentum. Therefore, the Dogecoin (DOGE) price appears to be at the crossroads, as the possibility of an extended pullback looms over the rally. If the price fails to defend the support at $0.2, a drop to $0.18 is imminent. 

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Cryptocurrency markets are highlighting a mix of resilience, technical momentum, and real-world adoption this week. Monero (XMR) has shown strength after a record block reorganization, Solana (SOL) approaches a $300 milestone with institutional support, and BlockDAG (BDAG) is demonstrating tangible adoption through hardware-backed mining.

Cover image via U.Today

Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.

Bitcoin continues in dull trading, ranging between $108,645 and $110,369 following a sharp drop to a low of $108,623 on Thursday.

Bitcoin slightly rebounded on Friday, coinciding with the release of PCE data and a major options expiry; however, its gains could not be sustained.

Bitcoin erased its daily gains early Saturday, just up 0.3% in the last 24 hours to $109,330, but down 5.78% in the last week.

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While the market awaits Bitcoin's next move, analysts and indicators point to a critical line in the sand, a drop below which might result in a further decline, possibly below $100,000, returning Bitcoin to five figures.

According to Ali, a crypto analyst, who cited MVRV pricing bands, $116,354 remains a line in the sand for Bitcoin. This is because a failure to reclaim $116,354 puts Bitcoin (BTC) at risk of a drop to $94,334.

Bitcoin market faces clean slateAccording to Glassnode, the largest options expiry on Deribit has reset positioning, with BTC settling at $109,000 versus a $110,000 max pain. The market now faces a clean slate as expiries already happened. Now it might be crucial to watch open interest (OI), term structure, skew, vol spreads and flows to gauge sentiment.

BTC options open interest fell from 515,000 BTC to 355,000 positions rolled off with expiry, triggering a reset.

A climb in open interest in the coming days might be crucial to know where traders seek new exposure and their sentiment as BTC options point to short-term caution.

The market is discounting near-term moves, while long-term indicators suggest otherwise, indicating that there seems to be calm now but bigger swings might come later.

Luke Dashjr Denies Hard Fork Claims as Bitcoin Governance Debate Heats UpThe Bitcoin community is split after leaked messages alleged Luke Dashjr backed a controversial hard fork. Sep 27, 2025, 4:00 p.m.

Debates over Bitcoin’s future are nothing new, but this week the discussion took on a sharper edge. One of Bitcoin’s long-serving developers was at the center of a storm about immutability, censorship and what it means to “save” the protocol.

The controversy escalated on Sept. 25, following an article published by The Rage claiming to reveal that Luke Dashjr, maintainer of the Bitcoin Knots software, advocates a hard fork that would install a trusted multisig committee with power to retroactively alter the blockchain, review transactions and remove illicit content.

STORY CONTINUES BELOW

A blockchain hard fork is a permanent divergence from the previous version of the blockchain software, requiring all participants to upgrade to the new protocol because the new and old versions are incompatible.

The piece cited purported leaked text messages in which Dashjr allegedly warned: “Either Bitcoin dies or we have to trust someone.”

The story spread across X, drawing hundreds of thousands of views and intensifying a long-running philosophical rift: should Bitcoin remain a neutral settlement layer, or should developers actively filter what counts as legitimate use of the network?

Dashjr rejected the claims outright. “The truth is I have not proposed a hardfork or anything of the sort, and these bad actors are just grasping at straws to slander me and try to undermine my efforts to save Bitcoin again,” he wrote.

The Rage responded with a meme to the effect of demanding to know who sent the leaked messages that its story shared.

Dashjr repeated his position multiple times over the following 24 hours. “Nope, nothing changed. Nobody is calling for a hard fork still." he posted. In another reply, he underlined: “There is no hard fork.”

The Knots vs. Core DivideBehind the dispute lies a deeper divide between Dashjr’s Bitcoin Knots project and the broader Bitcoin Core software used by most of the network.

Knots enforces tighter transaction policies, including blocking non-financial data such as Ordinals inscriptions and Runes tokens. Dashjr and his supporters argue such measures protect Bitcoin’s monetary integrity and safeguard it from regulatory risks. Core developers have historically taken a more permissive approach, tolerating non-standard data as long as it does not break consensus.

The alleged hard fork proposal cut to the heart of that tension. For Dashjr’s critics, it seemed to confirm fears that his vision requires compromising Bitcoin’s principle of immutability. For his defenders, the leak was an opportunistic smear designed to derail the case for stronger spam filters.

Among his defenders was Udi Wertheimer, co-founder of Taproot Wizards, a Bitcoin Ordinals project, so one which most would assume embodies everyting to which Dashjr is opposed.

“Not a Luke fan but this is a hit piece and fake news. He is not proposing this,” Wertheimer posted on X, referring to the supposed hard fork plan.

"I'm (obviously) not on Luke's side but...this is just a sloppy low quality propaganda piece," he wrote.

Wertheimer concluded that what Dasjhr's leaked messages were a hypothetical discussion about using zero-knowledge proofs to allowing Knots nodes to avoid downloading "spam."

"This is, as always, a nothing burger," he concluded. "It's pretty obvious to me that this proposal never gets implemented, and even if it did, it does not censor the network and does not split the network, and remains fully compatible with core."

It’s worth noting that over the past 24 hours, BTC$109,495.88 slipped 2.2% to trade at around $109,000, a drop of over 5.5% in the last week.

While there’s no direct evidence linking this dip to the controversy over Dashjr’s alleged plans, the timing is hardly helpful. In crypto markets, uncertainty alone can amplify downward pressure and rumors of protocol upheaval tend to stoke exactly that.

AI Disclaimer: Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards. For more information, see CoinDesk's full AI Policy.

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UN: Experiment With Pension Funds Proves Blockchain as 'Ultimate' Identity Tech

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The United Nations' pension fund tried blockchain technology to back up a "digital certificate of existence" that vastly improved its old, paper-based system.

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The United Nations adopted blockchain technology to improve its identification system in its global pension program, and its successes were documented in a white paper this week. The UN was so happy with the improvements that it's seeking to expand the blockchain use throughout its system and share it with other international organizations, the paper said. Read full story

Bitcoin continues to hover between well-defined price levels, frustrating traders who are waiting for a decisive move.

According to market analyst Kevin Capital, BTC has been “trapped” in the $125,000–$106,800 range throughout the latter half of summer, with little momentum beyond reacting to macroeconomic data.

The analyst noted that spot trading volumes continue to decline, with most activity driven by leverage, while liquidity pockets act as magnets for price action. For now, the goal is to break the weekly bearish divergence and push the candles above the $125,000 area. Failing to do so, Kev warned, calls for caution.

Market history also weighs on sentiment. Analyst Timothy Peterson noted that September 21 has historically been Bitcoin’s weakest day of the year, with losses occurring 80% of the time.

Adding to the short-term jitters on Monday, 22 September, CryptoMichNL described the latest pullback as a “classic Monday morning liquidity sweep.” According to him, the flush in Bitcoin and altcoins was overdue, clearing overleveraged positions from the market. He argued that these dips often present opportunities for accumulation for those willing to hold for the longer term.

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Meanwhile, Bitcoin is trading near $109,383 at the time of writing, with a slight 7% decline over the past week. Yet, the crypto still managed a dominance of 57.7%, even as the global crypto market cap dropped 3.9% in 24 hours.

That said, it has mixed technical indicators, as the MACD leans bullish, while RSI hovers in neutral territory around 52.

In other news, regulatory shifts and institutional developments continue to influence Bitcoin’s trajectory. 

The SEC’s approval of listing standards for crypto exchange-traded products has paved the way for Grayscale’s multi-asset ETF, which includes Bitcoin.

Nonetheless, analysts note that Bitcoin remains caught between optimism and caution, as whale accumulation, ETF inflows, and macroeconomic uncertainty will define the coming weeks.

XRP slipped 6.88% over the past 7 days, trading at $2.78, despite a wave of positive developments bolstering sentiment around the crypto. 

The decline follows what lawyer and crypto advocate Bill Morgan described as XRP’s close correlation with Bitcoin, noting that its price action continues to “play follow the leader.”

Despite the pullback, several key drivers indicate growing institutional interest. 

On Wednesday, Ripple announced a partnership with DBS and Franklin Templeton to offer accredited investors tokenised money market funds and lending products on the XRP Ledger, supported by Ripple’s dollar-pegged stablecoin, RLUSD. 

Morgan remarked sarcastically that with so much positive news, XRP’s ability to hold above $3.00 was notable in itself.

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Institutional catalysts test XRP’s resilience
Momentum had already been building earlier this week. The REX-Osprey XRP ETF went live, offering U.S. investors direct spot exposure to the token. Meanwhile, CME Group confirmed that it would list XRP and Solana futures options in October. 

The combination of new derivatives products, ETF approval, and a Federal Reserve rate cut initially pushed XRP higher by more than 4% before it reversed course alongside the broader market.

Analysts caution that legal and regulatory outcomes are central to XRP’s trajectory. The recently resolved SEC v. Ripple lawsuit is expected to ease one of the biggest overhangs on the token.

Meanwhile, further ETF decisions from the SEC are due in October. The outcomes could either accelerate institutional inflows or stall momentum.

At press time, XRP’s market cap stood at $166 billion, with daily trading volume reaching $4 billion, according to CoinMarketCap. In the long term, technical upgrades to the XRP Ledger, including new batch transactions and escrow features, aim to expand its DeFi utility and facilitate institutional adoption.

Combined with Ripple’s banking partnerships and potential CBDC integrations, the outlook appears bullish. For now, however, XRP’s path may be tied to Bitcoin’s market direction.

Bitcoin has broken below the 100-day moving average at $113.4K, signaling growing bearish sentiment after the recent sell-off. The price is now consolidating in a critical zone where demand levels will dictate the next directional move.

Technical Analysis
By Shayan

The Daily Chart
On the daily timeframe, Bitcoin has dropped beneath the 100-day MA, leaving the price caught between the 100-day ($113K) and 200-day ($104K) moving averages. This range often acts as a “no man’s land,” reflecting indecision until either buyers or sellers reclaim momentum.

The descending channel structure remains intact, suggesting persistent downward pressure unless bulls can defend the channel’s lower boundary near $109K. Holding above this region is essential to prevent deeper tests toward the 200-day MA and the $100K–$102K demand zone.

Notably, there is a visible sell-side liquidity pocket below $107K, which could draw the price lower in a liquidity sweep before any major reversal attempt unfolds.

The 4-Hour Chart
On the 4-hour timeframe, Bitcoin was rejected aggressively from $117K, triggering a cascade of selling. The decline has brought the price into a bullish flag structure, with BTC now hovering just above a key demand zone below $110K.

This area is vital for preserving bullish potential. If buyers defend it successfully, Bitcoin could stage a rebound toward recent highs. However, a breakdown here would likely accelerate the move toward the deeper liquidity pool near $100K, aligning with the 200-day MA. The next leg will depend on whether demand can withstand continued sell pressure or if sellers push the market into fresh lows.

Sentiment Analysis
By Shayan

The Binance BTC/USDT liquidation heatmap (2-week view) reveals how recent volatility has been liquidity-driven. A substantial cluster of liquidations has formed above the $117K swing high, where aggressive selling forced longs into liquidation. This band highlights the heavy concentration of stop-losses and overleveraged longs that amplified the rejection.

In contrast, the heatmap shows no major liquidity clusters below the current price, implying that sellers may have already exhausted near-term downside liquidity. With Bitcoin stabilizing around $109K, this absence of downside targets may temporarily limit further declines, unless fresh order flow builds below.

For now, the market remains defined by this imbalance: the $117K liquidity band overhead acts as a cap where supply dominates, while the $109K demand base must hold to avoid a deeper slide toward the $100K zone.

Sep 27, 2025 at 16:30 // Price

Bitcoin Cash (BCH) has slipped below the moving average lines following a rejection at the $640 high.

The cryptocurrency dropped to a low of $533, but bulls bought the dips. The altcoin is now trading above the $520 support but below the $640 resistance level. In other words, the cryptocurrency has returned to the previous low of August 29.

Bitcoin Cash price long-term analysis: ranging

Today, BCH is rising as it regains bullish momentum above its current support. On the upside, if BCH breaks above the moving average lines, it will return to its $650 high. In contrast, it will continue its range-bound movement below the moving average lines and above the current support at $520, where it fails to surpass the recent high. BCH is currently at $546.

Technical Indicators

Key Resistance Zones: $600, $650, $700

Key Support Zones: $500, $450, $400

BCH price indicators analysis

The price bars are positioned below the upward-sloping moving average lines. Despite the decline, the 21-day SMA remains above the 50-day SMA. However, on the 4-hour chart, the moving average lines are sloping downwards. The 21-day SMA has fallen below the 50-day SMA, indicating a downturn.

BCH/USD daily chart - September 26, 2025

What is the next move for BCH?

BCH is declining below the moving average lines. The drop has stalled above the $530 level. Today, the altcoin is gaining as it approaches the moving average lines. A break above the 21-day SMA barrier will prompt the altcoin to begin its bullish ascent.

BCH/USD 4-hour chart - September 26, 2025

Disclaimer. This analysis and forecast are the personal opinions of the author. The data provided is collected by the author and is not sponsored by any company or token developer. This is not a recommendation to buy or sell cryptocurrency and should not be viewed as an endorsement by Coinidol.com. Readers should do their research before investing in funds. 

Ripple's token continues to trade under pressure, but key technical levels are coming into focus. Both XRP/USDT and XRP/BTC pairs are sitting near important inflection zones that could define the next move.