Bitcoin’s market dynamics shift as anticipation of a Fed rate cut influences investor behavior. Explore insights into spot, futures, and options markets with Glassnode’s latest analysis.
Bitcoin has experienced a rollercoaster week, with its market recovering to $116,000 amid speculations of a potential Federal Reserve rate cut. However, the resurgence of sell pressure poses challenges to sustained growth, according to Glassnode’s latest analysis.
Spot Market Dynamics
In the spot market, the Relative Strength Index (RSI) surged into overbought territory, indicating strong momentum. Despite this, the Cumulative Volume Delta (CVD) weakened, and trading volumes remained flat, suggesting limited conviction as sellers capitalized on the increased strength.
Futures Market Activity
The futures market witnessed heightened participation, with open interest climbing and perpetual CVD spiking due to aggressive buy-side flows. Nevertheless, softer funding rates highlighted a decline in long demand, pointing to a cautious shift in sentiment despite active leverage.
Options Market Trends
In the options market, open interest grew, but volatility spreads fell below range, and skew declined sharply. This reflects a reduction in hedging activities and a more complacent market tone. The decreased defensive posture among traders increases the risk of volatility surprises.
Institutional Interest and On-Chain Fundamentals
Institutional demand is evident, with significant inflows into US spot ETFs and steady trade volumes. The ETF Market Value to Realized Value (MVRV) ratio rose, indicating that holders remain profitable. On-chain fundamentals showed a mixed picture: while addresses neared cycle lows, transfer volume increased, suggesting renewed capital flows despite quieter user activity.
Glassnode’s data also highlighted improved profitability metrics, with supply in profit and realized profits and losses (P/L) rising. However, the elevated profit realization raises concerns about potential demand exhaustion.
Market Sentiment and Outlook
The broader market benefited from macro-driven momentum, supported by ETF inflows and futures accumulation. Nonetheless, weakening spot flows, softer funding, and increased profit-taking hint at emerging sell pressure. While sentiment appears to improve, the market remains fragile, leaving Bitcoin vulnerable if demand fails to sustain.
For further details, visit the full analysis on Glassnode.
XRP’s failure to hold $3 points to a continued downside risk to $2.40-$2.00.
Whales continue to sell XRP.
Declining daily active addresses signal reduced transaction activity and liquidity.
XRP (XRP) price flashes warning signs below $3 as bearish technical patterns emerge on its daily chart, coinciding with selling by whales and declining network activity.
XRP price charts hint at more downside
XRP price has been forming a descending triangle pattern on its daily chart since its rally to $3.66 multi-year highs, characterized by a flat support level and a downward-sloping resistance line.
The recent breakout above the triangle’s upper trendline was a fakeout as bulls struggled to keep the price above $3, signaling a lack of strength.
Therefore, failure to reclaim $3 soon, where the 50-day SMA sits, could sink the XRP/USDT pair to the next support at $2.70.
Further down, the following levels to watch are the 200-day SMA at $2.50 and, later, the downside target of the triangle at around $2.06, down 31% from current price levels.
Moreover, XRP’s descending triangle analysis is accompanied by a bear flag on the same time frame, which warns of a possible decline to as low as $2.40, after the support at $3 was lost.
As Cointelegraph reported, if the price reclaims $3, buyers will then try to resume the uptrend by pushing the XRP above the flag’s upper boundary at $3.20. If they do that, the XRP price could rally to $3.40 and subsequently to $3.66.
Whales offload XRP at $3
Onchain data shows that large investors booked profits on the latest rally to $3.10.
The Supply Distribution metric shows a sharp drop in the supply held by entities with a 1–10 million balance. These addresses now own 6.79 billion XRP supply, marking a six-week low.
The chart below shows that these whales have offloaded over 160 million XRP tokens worth over $476 million at current prices in the last two weeks.
This underscores that the big investors are likely anticipating lower prices in the near future despite impending spot ETF approvals and Fed rate cuts.
XRP supply distribution. Source: Santiment
Meanwhile, a significant rise in XRP exchange reserves adds to the headwinds, data from Glassnode reveals.
The chart below shows that the XRP balance on exchanges increased by 665 million tokens to 3.94 billion on Monday from 3.3 billion on Aug. 27, increasing the supply available for selling.
XRP reserve on exchanges. Source: Glassnode
Declining XRP Ledger network activity
The XRP Ledger has seen a significant drop in network activity over the last two months. Onchain data from CryptoQuant shows that the daily active addresses (DAAs) are far below the July 18 peak of 50,482 DAAs.
With only around 21,000 daily active addresses at the time of writing, user transactions have declined significantly, possibly signaling reduced interest or a lack of confidence in XRP’s near-term outlook.
XRP Daily Active Addresses. Source: CryptoQuant
New addresses have also dropped from a 2025 high of 11,000 daily to the current count of 4,300 over the same period, suggesting declining network adoption and user engagement.
Historically, declines in network activity typically signal upcoming price stagnation or drops, as lower transaction volume reduces liquidity and buying momentum.
This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.
Who is Peter Thiel, and what’s his crypto treasury strategy?
Peter Thiel has quietly established a large footprint in crypto treasuries by backing companies that invest in Ethereum. This approach gives him significant indirect exposure to the cryptocurrency’s growth while staying aligned with his broader venture capital strategy.
Peter Thiel, best known as the co-founder of PayPal and Palantir, approaches crypto exposure through an indirect path. Instead of simply buying Ether (ETH) on balance sheets like Saylor does with Bitcoin (BTC), Thiel’s play is to take significant stakes in companies that transform themselves into Ether-treasury vehicles. This method gives him exposure to ETH’s upside while embedding his capital in firms that can rally markets.
Thiel, through his funds, has backed companies like ETHZilla and BitMine Immersion, both of which later became Ether-holding entities.
ETHZilla, formerly Nasdaq-listed 180 Life Sciences, announced a $425-million private investment in private equity deal to build an Ether treasury and won approval to issue another $150 million in debt securities. Electric Capital will manage its onchain yield programs.
BitMine, meanwhile, has raised hundreds of millions to amass more than 1.52 million ETH worth $6.6 billion, including 373,000 tokens added during Ether’s latest resurgence. By investing in these firms rather than buying Ether directly, Thiel captures both equity upside and crypto-treasury exposure. This is the same asymmetric playbook he used with Facebook and Palantir.
For Thiel, the initial choice of Ether over Bitcoin was strategic. By concentrating on ETH-treasury firms, he positions himself in the ecosystem where new financial infrastructure is being developed. In his view, this gives Ether higher long-term optionality than Bitcoin’s store-of-value model, making ETH-treasury bets more attractive as asymmetric investments.
Did you know? Peter Thiel co-founded Bullish, a cryptocurrency exchange that launched in 2021 and was valued at more than $7 billion at the time. It raised $1.1 billion in its initial public offering and aims to convert much of that into stablecoins, indicating an institutional treasury shift toward crypto-native liquidity systems.
Who is Michael Saylor, and what’s his crypto treasury strategy?
Michael Saylor has become the face of corporate Bitcoin adoption, turning a once-ordinary software company into the world’s biggest BTC treasury vehicle.
Michael Saylor is the executive chairman of Strategy (previously MicroStrategy), a US tech company that shifted its focus in 2020 to become the largest corporate Bitcoin holder. Since then, Saylor has adopted Bitcoin as a reserve asset and hedge against fiat inflation.\
Saylor’s strategy is simple yet bold: use equity and preferred stock offerings and occasional debt to raise capital that is then converted into Bitcoin.
According to BitcoinTreasuries.net, as of August 2025, Strategy holds approximately 629,000 BTC, which is nearly 64% of all public-company treasury holdings. The company continues to expand its holdings through carefully timed purchases, even during price volatility.
Guided by Saylor, Strategy maintains a steady accumulation policy, financing it through innovative tools such as at-the-market equity sales, perpetual preferred stock and convertible debt.
To celebrate five years of Bitcoin adoption, the company purchased over 585 BTC for $69 million in August 2025 alone. These steps indicate Saylor’s staunch dedication and capacity to build a company balance sheet around Bitcoin as a structural asset, even when market conditions seem unclear.
Treasury strategic bets compared: Thiel vs. Saylor
At first glance, both Michael Saylor and Peter Thiel are chasing the same endgame: using crypto as a treasury reserve strategy to generate long-term value. Yet their methods and the ecosystems they have chosen could not be more different.
Saylor’s Bitcoin accumulation has become almost mechanical. MicroStrategy raises capital through equity dilution, convertible notes or even perpetual preferred shares before steadily channeling it into Bitcoin.
Despite holding close to 3% of the total supply, the company’s method doesn’t rattle markets. Executives say its reliance on over-the-counter desks keeps slippage low and avoids price shocks. The outcome is a treasury model that feels predictable, transparent and built for decades of steady accumulation.
In contrast, Thiel’s Ether bet is built on a different foundation. He views ETH as programmable capital — sort of a fuel for applications, smart contracts and tokenized markets.
His strategy involves identifying underpriced or underutilized companies, backing them financially and encouraging them to pivot into Ether treasury models.
Rather than betting only on ETH’s scarcity, Thiel is tying his exposure to Ether’s role in broader institutional adoption, where tokenized finance and decentralized finance (DeFi) infrastructure may capture new capital flows.
One interesting implication is liquidity. Saylor’s BTC is locked away on Strategy’s balance sheet, immovable except through future asset sales. Thiel, however, can exit or expand positions by shifting equity stakes in ETH-treasury firms.
That flexibility makes his exposure more dynamic but also riskier: Company valuations are tied not just to ETH prices but to corporate governance and execution.
In practice, both strategies create ripple effects. Saylor’s relentless buying has normalized the idea of corporations holding Bitcoin as a primary treasury reserve. Thiel’s Ether pivots are now setting a similar precedent on the ETH side, showing that public companies can restructure themselves entirely around crypto holdings.
Where Saylor demonstrated scale and conviction, Thiel is demonstrating agility and innovation.
Who is making smarter crypto treasury bets?
When comparing Peter Thiel’s and Michael Saylor’s treasury strategies, the contrast is as much about philosophy and execution as it is about sheer numbers.
Both Thiel and Saylor have sizable positions in the crypto market, but they achieve exposure in fundamentally different ways, creating distinct risk‑reward profiles.
Peter Thiel’s strategy in focus
Thiel’s “strategic agility” allows him to capture asymmetric upside without holding ETH directly:
Capital deployment flexibility: Thiel can deploy large capital quickly into companies showing upside potential post-pivot, benefiting from coordinated token accumulation and stock price rerating.
VC background: Thiel’s VC background allows him to look for firms with optionality, scalable upside and the potential to compound gains if ETH becomes more embedded in financial rails.
Indirect exposure benefits: Risks include reliance on management execution, thinner liquidity in some targets and lack of direct control over token reserves. The upside, however, is avoiding direct custody or regulatory exposure to ETH itself.
Michael Saylor’s strategy in focus
Saylor’s approach advantage comes from process and consistency, not from market timing or speculative plays:
Cost-averaging: Regular purchases smooth out price volatility, creating a long-term accumulation advantage.
Layered financing: Using equity, preferred shares and convertible debt to sustainably fund new purchases, even when the company’s market-to-net-asset-value premium (mNAV) drops.
Scale and transparency: The model is highly visible to investors, regulators and the market, signaling confidence and commitment to BTC as a treasury reserve.
Whose crypto treasury bets are smarter?
Saylor’s strength is in building reserves using market dips and transparent capital frameworks. It is a play for long-term accumulation and balance-sheet strength.
Thiel’s advantage lies in strategic agility: Smaller firms, higher potential return on investment and indirect exposure that may outperform if ETH demand and reserves surge.
For a scalable, transparent, long-term treasury build-out, Saylor’s model is stronger. For higher-beta, venture-style upside riding macro momentum in Ether, Thiel’s approach may yield outsized returns.
Ultimately, the contrast is clear: One strategy is about building an impregnable fortress of reserves, while the other is about riding waves of institutional realignment.
Standard Chartered’s venture arm is preparing to launch a $250 million cryptocurrency investment fund in 2026, signaling growing institutional appetite for digital assets.
Standard Chartered’s SC Ventures plans to raise the capital to open the investment fund focused on digital assets in the financial services sector, Bloomberg reported Monday, citing operating partner Gautam Jain.
Set to launch in 2026, the fund will be backed by Middle East investors, with a focus on global investment opportunities, Jain told Bloomberg.
SC Ventures’ plan follows a wave of corporate treasury firms building long-term accumulation strategies, adding to expectations that more institutional inflows may enter the crypto market over the next several years.
Cointelegraph reached out to SC Ventures for comment on which cryptocurrencies it plans to include in the fund but did not receive an immediate response.
SC Ventures to launch $100 million Africa investment fund
Separate from the $250 million digital asset fund, SV Ventures also plans to launch a $100 million fund for African investments, while also considering its first venture debt fund, according to Jain.
He didn’t specify whether those funds would include or focus on cryptocurrencies and financial technology.
The news came shortly after Standard Chartered raised concerns over the falling market net asset value (mNAV) of digital asset treasury (DAT) firms, which measures the ratio of a company’s enterprise value to its cryptocurrency holdings.
Standard Chartered warned that numerous high-profile treasury firms have recently slipped below the critical one mNAV level, which signals that it is becoming harder for companies to issue new shares and accumulate cryptocurrencies, Cointelegraph reported on Monday.
Digital asset treasuries’ mNAVs have been under broad pressure since June. Source: Standard Chartered
“The recent collapse in DAT mNAVs will likely drive differentiation and market consolidation,” Standard Chartered said. “Differentiation will favour the largest in breed, cheapest funders and those with staking yield,” flashing an optimistic sign for large firms like Strategy and Bitmine, who can still raise capital through issuing low-cost debt.
The $250 million fund is the latest signal of growing corporate appetite for cryptocurrencies beyond Bitcoin (BTC).
On Monday, Nasdaq-listed Helius Medical Technologies announced the launch of a $500 million corporate treasury reserve with the Solana (SOL) token as the main reserve asset.
The firm pledged to “significantly scale” its Solana holdings over the next 12 to 24 months, signaling more institutional capital flowing into altcoins.
In the interview notes of journalist Faye Xiaofei, Professor Han Feng, in an age of global upheaval, raised his gaze to the stars to discern the tides of history and lowered his eyes to the data to parse their logic, pursuing a question that cuts to the root of civilization itself: When the old gravitational anchors collapse, where should humanity’s wealth be moored?
Faye’s Lens: A Rain-Soaked Phone Call in Boston
Faye noted in her journal:
It was one of those moments when history seems to ignite quietly, without spectacle. Han Feng recalled crouching under the eaves of a noodle shop in Boston’s Chinatown during a torrential downpour, holding a phone conference about NBW’s incubation. That moment, unremarkable in appearance, mirrored countless other institutional “ignition points” throughout history—silent, yet enough to shift the future.
6. Genesis at the Harvard Innovation Center: The Birth of a New Bretton Woods System
After studying and debating Shiller’s Narrative Economics, Han and his colleagues at Harvard converged on a new concept: the New Bretton Woods System (NBW).
Their vision: to develop a stablecoin system anchored to Bitcoin—the “quantum gold” of the digital information era. This new form of hard currency would serve as the foundation for global stablecoins, fueling the next wave of globalization and the economy of AI agents by providing both a wealth narrative and liquidity for credit markets.
Han recalled the precise moment: a stormy afternoon in Boston’s Chinatown. Sheltering under the awning of a noodle shop, he and Dr. Xue joined two Harvard alumni for a phone conference. One suggested formally applying for incubation of the NBW project at the Harvard Innovation Center. They began to work through the dense application forms.
The foremost challenge was clear: they had to articulate convincingly how a stablecoin built on the Bitcoin mainnet—later known simply as the NBW stablecoin—could ensure both decentralization and security, while preserving user sovereignty over the underlying asset: Bitcoin.
The NBW Proposal
In their application, they wrote:
“The NBW stablecoin is a Bitcoin-backed stablecoin. It leverages zero-knowledge proofs, a bimetallic minting mechanism (with ELA/FIST as ‘silver’ assets), and an arbitration network developed by Elastos (BeL2) as Bitcoin’s Layer 2. Inspired by the vision of a New Bretton Woods order anchored in assets, NBW offers a non-custodial, decentralized stablecoin—sharply distinct from today’s custodial stablecoins.”
Decentralization by Design
Bitcoin multisig. On the Bitcoin mainnet, NBW employs a 2-of-3 multisignature (P2WSH) lock script. No single party can control funds.
Normal loan life cycle. Users lock BTC to mint stablecoins. Upon repayment, both borrower and issuer must sign to release BTC. Neither can act unilaterally.
Arbitration. If issuers fail to release BTC after repayment, users can appeal to the decentralized BeL2 arbitration network. A randomly selected arbitrator, upon verifying repayment, can co-sign with the borrower to unlock BTC. No party—borrower, issuer, or arbitrator—can act alone. Arbitrators stake collateral to ensure honesty, with zero-knowledge proofs preventing misconduct.
Default scenario. If borrowers fail to repay on time, issuers can liquidate BTC after the first timelock expires. This is not centralization but a pre-agreed contract clause enforced by code. Borrowers can hedge by purchasing Bitcoin short options, offsetting extreme volatility.
Fail-safe recovery. If issuers collapse or vanish, after a second, longer timelock, borrowers regain unilateral control and can reclaim their BTC. This ensures ultimate sovereignty over user assets.
Conclusion: So-called “unilateral” actions in NBW are not acts of centralized power, but pre-programmed, cryptographically enforced terms of a contract. Unlike WBTC and other custodial models, NBW never transfers Bitcoin custody to a central entity.
The Gong of Genesis
On September 26, 2024, the Harvard Innovation Center officially approved NBW’s incubation. In accordance with tradition, a small gong ceremony was held. The gong’s resonance echoed through the Innovation Center’s atrium.
At that moment, Han and his collaborators felt they were not merely launching a startup project—they were striking the first note for a new world.
Figure 5. The traditional gong ceremony at the Harvard Innovation Center, celebrating the launch of the NBW project.
Faye’s Reflections
In her notes, Faye underlined:
She sensed what Han called the “breath of institutions.” The design of NBW echoed the original Bretton Woods system of monetary anchors—but stripped away the chains of nation-states and power.
Most strikingly, NBW did not hand Bitcoin to centralized custodians—it returned it to code and consensus. This is the first principle of the decentralized world.
Suspense
Faye closed her notes with a question:
When the gong of NBW rang, could it truly provide a new anchor for the global financial system? Where would this “ark” sail?
Preview | Episode 7: September 1, 2025 — A New Ark Sets Sail in Dubai.
AAVE price prediction shows bullish momentum toward $358 short-term target, with technical indicators suggesting potential rally to $495 by October despite current consolidation.
AAVE Price Prediction: Technical Setup Points to $358 Near-Term Target
The cryptocurrency market is closely watching Aave (AAVE) as technical indicators align for a potential breakout from current consolidation levels. With the token trading at $295.72, our AAVE price prediction analysis reveals compelling opportunities for both short-term traders and medium-term investors.
AAVE Price Prediction Summary
• AAVE short-term target (1 week): $358 (+21.1% from current levels)
• Aave medium-term forecast (1 month): $420-$495 range
• Key level to break for bullish continuation: $331.83 (immediate resistance)
• Critical support if bearish: $293.14 (must hold for uptrend continuation)
Recent Aave Price Predictions from Analysts
Recent analyst forecasts present a remarkably bullish consensus for AAVE. CoinCodex’s algorithmic models project multiple upside scenarios, with the most conservative AAVE price prediction targeting $358.29 by September 20, 2025. This represents a 16.25% increase in just five days, supported by technical momentum indicators.
The Aave forecast extends further bullish into October, with price targets reaching $494.73 by October 21, 2025. This ambitious projection, while maintaining medium confidence levels, suggests a potential 67% rally from current prices. Medium-term predictions through March 2026 stabilize around $422.69, indicating sustainable growth expectations rather than speculative bubbles.
What stands out in these predictions is the consistency of bullish sentiment across different timeframes, with no major analytical sources projecting significant downside from current levels.
AAVE Technical Analysis: Setting Up for Bullish Reversal
The current Aave technical analysis reveals a complex but ultimately constructive setup. Despite AAVE trading below key moving averages (SMA 7: $306.79, SMA 20: $308.87), the token maintains a critical position above the 200-day SMA at $242.90, preserving the long-term bullish structure.
The RSI reading of 44.62 sits in neutral territory, providing room for upward momentum without being overbought. More importantly, AAVE’s position at 0.14 within the Bollinger Bands indicates the token is testing lower band support at $290.56, historically a strong buying zone.
The MACD histogram shows bearish momentum at -1.5688, but this oversold condition often precedes significant reversals. Trading volume of $25.5 million on Binance provides adequate liquidity for the predicted price movements.
The 52-week range from $125.30 to $370.80 shows AAVE currently sits at a 20.25% discount from yearly highs, suggesting substantial upside potential if technical levels break favorably.
Aave Price Targets: Bull and Bear Scenarios
Bullish Case for AAVE
The primary AAVE price target of $358 requires breaking immediate resistance at $331.83. Once cleared, minimal resistance exists until the strong resistance zone at $385.99. The bullish scenario unfolds in stages:
Phase 1 (September 20): Break above $331.83 triggers momentum toward $358, representing the first major AAVE price target. This move would coincide with RSI entering bullish territory above 50.
Phase 2 (October): Sustained momentum above $358 opens the path to $494.73, requiring broader crypto market support and increased institutional adoption of Aave’s lending protocols.
Phase 3 (Q1 2026): Long-term targets around $422-$425 represent consolidation levels after the initial rally phases.
Bearish Risk for Aave
The bearish scenario activates if AAVE fails to hold the critical $293.14 support level. A breakdown below this point targets the strong support zone at $245.00, aligning with the 200-day moving average.
Key bearish triggers include broader crypto market weakness, regulatory concerns affecting DeFi protocols, or technical breakdown below Bollinger Band support. The $245-$250 zone represents maximum downside risk in our base case scenario.
Should You Buy AAVE Now? Entry Strategy
Current technical levels present a compelling risk-reward setup for AAVE positions. The optimal entry strategy focuses on the $293-$296 accumulation zone, with stop-loss placement below $290 to limit downside exposure.
Conservative traders should wait for confirmation above $308 (SMA 20) before establishing positions, targeting the $358 resistance zone. Aggressive traders can accumulate current levels, given the proximity to Bollinger Band support and oversold momentum indicators.
Position sizing should account for AAVE’s daily ATR of $15.18, suggesting 2-3% portfolio allocation for moderate risk tolerance. The favorable risk-reward ratio (potential 21% gain vs 2% stop-loss) supports larger position sizes for experienced traders.
AAVE Price Prediction Conclusion
Our comprehensive AAVE price prediction indicates high probability of reaching $358 by September 20, with medium confidence in the extended rally toward $495 by October. The technical setup, combined with bullish analyst consensus, creates a compelling investment thesis.
Key confirmation signals include RSI breaking above 50, MACD histogram turning positive, and sustained trading above $308. Invalidation occurs below $290, requiring reassessment of the bullish Aave forecast.
The timeline for this prediction spans 4-6 weeks, with the initial $358 target achievable within one week if momentum indicators align. Traders should monitor daily closes above resistance levels for confirmation of the projected price trajectory.
Confidence Level: Medium-High for $358 target, Medium for $495 extended target.
WLD trades at $1.58 after a 5.44% daily decline, but technical indicators show strong bullish trend following recent $250M institutional investment.
Quick Take
• WLD currently trading at $1.58 (-5.44% in 24h)
• Worldcoin’s RSI at 64.07 indicates neutral momentum with bullish underlying trend
• $250M treasury deal from Eightco Holdings drove 42% surge last week
What’s Driving Worldcoin Price Today?
The WLD price has pulled back 5.44% in the past 24 hours, trading within a range of $1.53 to $1.68. This short-term correction comes after an extraordinary week that saw Worldcoin surge over 42%, earning it recognition as “Coin of the Day” among top 200 cryptocurrencies by market cap.
The primary catalyst behind last week’s rally was a significant $250 million private placement by Eightco Holdings, which announced plans to acquire WLD as its primary reserve asset. This institutional vote of confidence triggered a 25% initial surge on September 8th, followed by continued momentum that peaked with the 42.39% gain on September 9th.
Additional positive developments include the University of Engineering and Technology in Peru joining Worldcoin’s anonymized multi-party computation system, expanding the project’s reach and decentralization. These adoption milestones have strengthened the fundamental outlook for WLD despite today’s price retreat.
The current pullback appears to be profit-taking following the dramatic gains, with trading volume remaining robust at $117.8 million on Binance spot markets, indicating continued interest from both retail and institutional traders.
Worldcoin technical analysis reveals a compelling bullish picture despite today’s decline. The WLD RSI sits at 64.07, placing it in neutral territory but well above oversold levels, suggesting the recent correction hasn’t damaged the underlying uptrend.
The moving average structure strongly favors bulls, with WLD price trading above all major moving averages. Worldcoin’s current price of $1.58 sits well above the SMA 20 at $1.22, SMA 50 at $1.09, and SMA 200 at $1.01, confirming the strong bullish trend classification.
Worldcoin’s MACD indicator shows positive momentum with a reading of 0.1867 above the signal line at 0.1376. The MACD histogram at 0.0490 indicates bullish momentum remains intact for Worldcoin despite the daily decline.
The Bollinger Bands analysis shows WLD trading in the upper portion of the bands, with the current price representing a %B position of 0.7294. This suggests Worldcoin remains in a strong uptrend while approaching overbought territory, which could explain today’s consolidation.
Worldcoin’s daily ATR of $0.16 indicates moderate volatility, providing opportunities for active traders while maintaining relative stability compared to smaller altcoins.
Worldcoin Price Levels: Key Support and Resistance
Based on Binance spot market data, Worldcoin support levels are well-established below current prices. The immediate Worldcoin support lies at $0.83, which also serves as strong support. This level represents a significant distance from current prices, suggesting substantial downside protection.
WLD resistance faces its first test at $2.21, which serves as both immediate and strong resistance. Breaking above this level would likely trigger the next leg higher toward the 52-week high of $2.33.
The pivot point at $1.60 sits very close to current WLD price levels, making it a critical level to watch. A decisive break below could signal further consolidation, while holding above maintains the bullish bias.
The WLD/USDT pair’s 24-hour range of $1.53-$1.68 provides short-term trading boundaries, with the lower end potentially offering entry opportunities for swing traders.
Should You Buy WLD Now? Risk-Reward Analysis
For aggressive traders, the current WLD price presents an interesting opportunity following the pullback from recent highs. The risk-reward profile appears favorable with strong support at $0.83 providing a clear stop-loss level, while resistance at $2.21 offers a nearby profit target.
Conservative investors might wait for a deeper pullback toward the SMA 20 at $1.22 or even the SMA 50 at $1.09 to establish positions with better entry points. The institutional backing from the $250M investment provides fundamental support for longer-term holdings.
Day traders should focus on the $1.53-$1.68 range established in today’s trading session. A break below $1.53 could signal further weakness toward $1.40, while reclaiming $1.68 might target a retest of recent highs.
The WLD RSI at 64.07 suggests there’s room for further upside before reaching overbought conditions, supporting the case for potential continuation of the bullish trend once the current consolidation completes.
Risk management remains crucial given the 42% surge last week, as such rapid gains often lead to volatile consolidation periods before the next directional move.
Conclusion
WLD price action shows healthy consolidation following exceptional gains driven by institutional investment and adoption milestones. While today’s 5.44% decline represents normal profit-taking, the overall technical picture remains strongly bullish with key indicators supporting further upside potential. Traders should monitor the $1.60 pivot level closely, as holding above this level while maintaining the current moving average structure would favor continued bullish momentum toward the $2.21 resistance target in the coming 24-48 hours.
Polkadot’s decentralized autonomous organization (DAO) passed a referendum approving a hard cap on the network’s native token for the first time.
The decision set the maximum supply at 2.1 billion Polkadot (DOT) tokens, a significant pivot from the previous tokenomics model, under which new tokens were indefinitely issued yearly. Under the old inflationary model, Polkadot minted about 120 million DOT tokens annually, with no limit on the token’s total supply.
The project said the supply could have swelled to more than 3.4 billion tokens by 2040 under the old model. The new framework introduces a gradual issuance reduction every two years. At the time of writing, Polkadot had a total supply of about 1.5 billion tokens.
According to Polkadot, the issuance reduction will happen every two years on Pi Day, which is March 14. The project also shared a chart, demonstrating the difference in supply under its new model.
Cointelegraph reached out to the Web3 Foundation, the team behind Polkadot, for more information, but did not receive a response by publication.
The change comes as Polkadot moves to expand its reach with institutional investors. On Aug. 19, the project launched the Polkadot Capital Group, a new division designed to connect Wall Street firms with its blockchain infrastructure.
The division aims to connect traditional finance players with Polkadot’s blockchain infrastructure to help institutions explore crypto-related opportunities in areas like asset management, banking, venture capital, exchanges and over-the-counter (OTC) trading.
It will also showcase blockchain use cases like decentralized finance (DeFi), staking and real-world asset (RWA) tokenization.
Polkadot token has dropped 5% since the announcement
While the change may have long-term implications for the Polkadot token’s price, it did not have an immediate positive effect. Since the announcement, DOT’s price has dropped from $4.35 to $4.15, a nearly 5% tumble.
Polkadot’s 24-hour price chart. Source: CoinGecko
Capping the DOT supply at 2.1 billion is expected to introduce long-term scarcity to the token and reduce inflationary pressure, making its value more predictable for investors.
An accompanying chart revealed that this level aligned with the Tenkan, a line in the Ichimoku Cloud indicator that identifies short-term momentum and potential trend changes.
“A confirmed weekly close above it would strongly reinforce the bullish case for #BTC.”
BTC/USD weekly chart. Source: Titan of Crypto
Historically, the price breaking above the Tekan often signals a short-term uptrend, especially when the Cloud itself is in the bullish territory and the price trades above it.
With the #FOMC Rate decision looming, I would like to see #Bitcoin hold onto the channel and remain above 115K, with a tap of 118K likely at the start of the week.
As Cointelegraph reported, Bitcoin should pay close attention to the $115,000 psychological level going into a key macro week.
BTC price to $120,000 next?
The upcoming FOMC decision on Wednesday, with a 94% chance of a 25 bps rate cut, is a key driver of potential gains for Bitcoin. Lowering interest rates has historically boosted risk assets like BTC, and a dovish tone from Fed Chair Jerome Powell’s speech after the meeting could propel Bitcoin’s price toward $120,000.
From a technical perspective, the BTC/USD pair traded inside a bull flag on the four-hour chart, as shown below.
A four-hour candlestick close above the flag at $115,800 would confirm a bullish breakout, paving the way for a run-up to the technical target of the prevailing chart pattern at $122,000. Such a move would bring the total gains to 6% from the current levels.
This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.
United Kingdom-based cryptocurrency industry advocacy groups called on the Bank of England not to proceed with plans to limit individual stablecoin holdings.
In a November 2023 discussion paper, the bank floated setting individual caps on digital pounds between 10,000 British pounds ($13,558) and 20,000 pounds and asked for feedback on a possible lower limit of 5,000 pounds.
According to a Monday Financial Times report, industry groups criticized the plan, saying it would be difficult and expensive to implement and could leave the UK lagging behind other jurisdictions.
Tom Duff Gordon, vice-president of international policy at Coinbase, reportedly said that the limits would be bad for UK savers and the pound itself. “No other major jurisdiction has deemed it necessary to impose caps,” he said.
Stablecoin limits “don’t work in practice”
Simon Jennings, executive director of the UK Cryptoasset Business Council (UKCBC), told the FT that “limits simply don’t work in practice.”
The committee noted at the time that “even with appropriate regulation, greater use of stablecoins denominated in foreign currencies could make some economies vulnerable to currency substitution.” Similar concerns were raised in other countries as well.
Stablecoin-powered bank runs and currency substitution
Earlier this month, Christine Lagarde, president of the European Central Bank (ECB), called for policymakers to address gaps in stablecoin regulation. Among other remarks, she sounded the alarm that US stablecoin policies “could potentially result not just in further losses of fees and data, but also in euro deposits being moved to the United States and in a further strengthening of the role of the dollar in cross-border payments.”
Banks also fear that they may not be able to compete with the convenience of stablecoins if they are allowed to pay yields to their holders. Citi’s Future of Finance head Ronit Ghose warned in late August that paying interest on stablecoin deposits could spark a wave of bank outflows similar to the money market fund boom of the 1980s.
Some in the crypto industry suggested that banks should step up their game to compete. “If local banks are worried about competition from stablecoins, they should pay more interest on deposits,” Bitwise’s investment chief, Matt Hougan, recently said.