Crypto Industry News & Market Trends

Novogratz: 'Clarity Isn't Dead'

Galaxy Digital CEO Mike Novogratz says the Clarity Act still has a path forward despite months of setbacks.　　“Clarity isnt dead!! Lots of negotiating over the weekend,” Novogratz wrote on X. “My instinct is the bill makes it to the floor.”　　The billionaire crypto investor claims that one of the biggest remaining obstacles is the legislations government ethics language.　　“It all depends on if we get the White House to move on ethics to see if we get a law,” he said.　　His comments came amid signs of renewed optimism about the sweeping cryptocurrency market structure bill.　　The bill is scheduled for a key procedural vote in the Senate on Tuesday, Sept. 15.　　Patrick Witt, executive director of the Presidents Digital Assets Advisory Council, also struck an upbeat tone on Saturday. “Bad day to be a Clarity Act doomer,” Witt wrote on X.　　Critical Tuesday vote　　The Senate Banking Committee advanced the legislation in May by a bipartisan 15-9 vote. In July, lawmakers released an updated text combining work from the Senate Banking and Agriculture committees.　　Another revised version of the bill was unveiled on Thursday ahead of Tuesdays vote. The roughly 630-page text contains changes dealing with decentralized finance and other issues.　　However, several major disputes remain unresolved, including

09-13Industry

XAG/USD Price Analysis as Silver Faces Pullback Risk After CPI Surge

Silver traders have a mixed picture as the CPI propelled a sharp rally in silver.　　The Elliott Wave Forecast sees XAG/USD headed lower, and the current price action indicates that buyers are holding up on the move.　　Notably, the analyst forecast shows that XAG/USD will fall first before buyers come in. After reaching the top $60 range, the analyst has been able to identify a corrective structure forming in the 4-hour chart of the silver price.　　Elliott Wave Forecast Maps a Silver Pullback　　The chart from analyst Elliottwave suggests the current price is around $63.41 and anticipates more downward movement towards $58-$60. There are several Elliott Wave labels showing the potential corrective path, and the move itself is a lower structure in preparation for a potential recovery.　　The overall chart setup indicates that traders need to be aware of the $60 zone. If it declines below this level, the next support area around $58 would be in view. Source: Elliott Wave via X　　Yet the chart also indicates a possible bounce-off and bounce-back above the correction, with silver ultimately returning towards the $66 level.　　The Elliott wave forecast is thus a two-stage setup. A downtrend of silver might weaken before buyers start to make another push up.

09-13Industry

Ethereum (ETH) Price Prediction: Coinbase Premium Recovers as $2,550 Breakout Puts $3,000 Back in Focus

Ethereum is trading near $2,470 after climbing around 0.08% over the past 24 hours, according to Brave New Coin data. The latest pullback has kept ETH below the $2,500-$2,550 resistance area, but buyers continue to defend the broader $2,400-$2,430 support region.　　The technical picture now revolves around whether Ethereum can absorb another test of $2,550. A strong weekly close above this level could bring $2,600-$2,700 into focus before the larger $3,000 target becomes relevant. At the same time, a recovering Coinbase Premium suggests U.S.-based demand is improving following the latest dip.　　Ethereum Coinbase Premium Posts Recovery　　Ethereum saw a sharp intraday drop towards the $2,440 region before buyers quickly stepped back in. Price recovered towards $2,490, while the Coinbase Premium simultaneously began improving from deeply negative readings.　　The shift was highlighted by Ted Pillows, who pointed to the sudden recovery in the Coinbase Ethereum Premium as evidence of stronger U.S. buying during the dip.The premium recovered from roughly -0.05% to -0.026%.ETH rebounded from around $2,440 towards $2,490 during the same period.　　Although the premium remains slightly negative, the rebound shows that the gap between Coinbase and offshore pricing is narrowing. This development would become more meaningful if the premium continues improving while ETH holds above

09-13Industry

Ripple Price Analysis: Consecutive Lower Highs Spell Trouble for XRP Ahead of Crucial Week

Ripples XRP has yet to establish a clear direction after its August surge, with repeated rebounds being capped before buyers can regain control.　　The current compression leaves the market at an important juncture, as holding the nearby support could eventually set up another recovery attempt.　　On the daily timeframe, XRP is consolidating after the sharp rally from around $0.99 to above $1.50. Since that initial surge, the price has formed a sequence of lower highs while remaining above the broader support structure, producing a descending channel.　　The asset is currently trading around $1.37, close to the 0.5 Fibonacci retracement level at $1.34. This makes the $1.33-$1.34 zone an important near-term support area. So far, buyers appear to be defending it, but the rebound remains modest.　　If this level gives way, the next important downside target sits around the 0.618 Fibonacci level at $1.26. This area also aligns closely with the moving average and the broader $1.22-$1.27 support zone, making it a particularly significant region for the medium-term structure.　　On the upside, XRP would need to recover through the $1.45-$1.50 area before challenging the major $1.61-$1.70 resistance zone. Until then, the price action remains corrective rather than decisively bullish.　　The 4-hour chart emphasizes the gradual compression that

09-13Industry

Uniswap Price Climbs as $70.6B DEX Volume Extends Market Lead

TLDR:Uniswap price rose 4.55% to $6.39 as the protocol reported $70.6 billion in 30-day trades, exceeding PancakeSwap, BisonFi, and Meteora combined.Robinhood Chain supplied about $26 billion of the monthly total, ahead of Ethereum at roughly $23 billion, concentrating activity in two networks.StablePair Hook launched on v4 with USDC/USDG and USDC/USDT pools, varying fees as prices drift from reference rates and using Dutch auctions for corrections.UNI faces $6.45–$6.50 resistance and $6.30 support; a close below $6.10 shifts focus toward the $5.82 retracement level before the Fed decision.　　Uniswap price traded near $6.40 in 24 hours on September 13 as Bitcoin and the broader crypto market traded nearly flat. The move focused attention on Uniswaps DEX lead, stablecoin liquidity tools, and fee-related UNI mechanics. Uniswap said it processed more than $70 billion during the previous 30 days.　　That total exceeded the combined activity of PancakeSwap, BisonFi, and Meteora. The reported $70.6 billion figure was 38% above Uniswaps $51.1 billion monthly average from January through July. Traders watched StablePair Hook and governance discussions around UNI burns. These developments put Uniswap price levels under scrutiny.　　Uniswap Price Follows $70B DEX Volume Lead and UNI Burns　　Uniswap DEX volume reached $70.6 billion over the latest 30-day period, Crypto Briefing

09-13Industry

Thailand Stablecoin Rules Could Restrict Third-Party Wallet Use

TLDR:Thailand stablecoin rules would require every deposit and withdrawal at a licensed operator to use an account or wallet verified in the customers name.The draft sets separate daily caps of five million baht, or roughly $151,000, for incoming and outgoing stablecoin transfers per user and operator.Thai-regulated operator transfers may bypass the cap only when both parties meet Travel Rule duties, which take effect on February 27, 2027.The consultation stays open until September 25, and the SEC has not set an effective date for the proposed same-owner wallet requirements.　　Thailand‘s Securities and Exchange Commission opened a public consultation after its Board approved the proposed principles on September 3. The Thailand stablecoin rules would require deposits and withdrawals to use bank accounts or wallets verified in the customer’s name. Each inbound and outbound transfer would face a five million baht daily limit, or about $151,000, per person and operator.　　The proposal covers activity through SEC-supervised digital asset operators, not peer-to-peer transactions completed outside those platforms. Comments close September 25, 2026. The measure is not yet effective. No implementation date appears in the consultation or accompanying SEC notice released so far.　　Thailand Stablecoin Rules Target Third-Party Wallet Transfers　　Under the draft, a stablecoin transfer could reach a

09-13Industry

Analyst Sees SKY Rising 5x, Beating Bitcoin on 'Federal Bank' Model

Standard Chartered expects SKY to climb from a reference price of $0.065 to $0.325 by end-2028. The bank ties its fivefold projection to expanding USDS supply, agent borrowing, staking rewards, and token buybacks.　　Key TakeawaysStandard Chartered set a $0.325 SKY target for the end of 2028.Sky agents have borrowed $5.9 billion in USDS since September 2024.Slower yield-bearing stablecoin growth is the banks main stated risk.　　Standard Chartered Sets Fivefold SKY Price Target　　SKY token holders could capture substantially more value as the Sky ecosystem expands, according to Standard Chartered‘s first formal assessment of the asset. In a research note dated Sept. 11, Global Head of Digital Assets Research Geoff Kendrick projected that SKY could reach $0.325 by end-2028, five times the $0.065 baseline stated in the note. SKY changed hands at $0.0628 on Sept. 12, slightly below the note’s starting point.　　The Standard Chartered head of digital asset research linked the projected gain to a corresponding increase in the value distributed through staking rewards and token buybacks. Standard Chartered wrote:　　“As the system scales up, we expect Sky to pass on 5x more value to token holders by the end of 2028.”　　“As the system scales up, we expect Sky to pass on 5x more value

09-13Industry

Wirex Adds Tempo For Stablecoin Card Settlement

Wirex has added Tempo to its platform, giving fintech partners of the stablecoin infrastructure provider a new way to settle enterprise card programs, the company announced on September 10. Fintechs issuing cards through Wirex can now settle transactions on Tempo‘s stablecoin-native network. The live integration lets card issuers select Tempo, a purpose-built blockchain for stablecoin payments incubated by Stripe, as a preferred settlement layer, according to Wirex’s announcement.　　A Faster, Private Settlement Rail　　Wirex already offers a single integration for regulated card issuance, wallets, compliance, and stablecoin settlement, and it issues cards under its own licences as a principal member of Visa and Mastercard. Tempo adds a network designed specifically for stablecoin payments: transactions finalize in under a second with dedicated capacity and predictable sub-cent fees, while Tempo Zones keep balances and transactions private with selective disclosure for audit and compliance. Network fees are paid in stablecoins instead of a separate gas token, and structured transaction data keeps funds and settlement information on the same rail for simpler reconciliation.　　Why Wirex Chose Tempo　　Wirex said Tempo offers more than a settlement network. Tempo‘s incubation by Stripe brings payments expertise, and its Stablecoin Advisory and forward-deployed engineers work directly with customers to pick infrastructure partners

09-13Industry

Next Crypto To Explode: Traders Rush Pepeto For A 100x Shot As HYPE Sets Records And ADA Holds $0.20

The next crypto to explode is never the one already on every screen, and September is proving it again. Bitcoin sits near $76,700 after a 6% weekly drop. Hyperliquid just printed a record $89.54 on September 6 according to news.bitcoin, and the CLARITY Act faces a Senate cloture vote on September 15.　　Amid all that noise, one presale keeps showing up across crypto Twitter, Telegram, and presale forums: Pepeto, past $10.9 million with three products already live. The question is not whether it is getting attention. It is whether the move everyone is calling happens before or after the reader is in.　　What Does the CLARITY Act Vote Mean for Crypto on September 15？　　The Senate returns from recess on September 14 and holds the cloture vote at 2:15 p.m. ET the next day, per Majority Leader Thunes August 8 filing. The bill needs 60 votes to move to the full floor. The House passed it 294 to 134 last July and the Senate Banking Committee cleared it 15 to 9 in May.　　If it passes, tokens and platforms get a legal path that has never existed in the U.S. before. Seven senators still want tighter ethics rules, so the vote is close. That

09-13Industry

Bitcoin vs Ethereum ETFs: Which asset is winning Septembers flow battle？

After a strong August rally, where the Spot Bitcoin [BTC] ETFs recorded $3.52 billion in inflows in a month, the September effect seems to be kicking in. In the past week, from 8th to 11th September, BTC ETFs recorded outflows worth $462.73 million.　　The week started on a negative note with a cumulative net outflow reaching $46.6 million. This was mainly because of Fidelity‘s $17.1 million, Invesco’s $4.7 million, and particularly Grayscale GBTC, which saw a huge $65.5M outflow.　　Bitcoin ETFs weekly flow analysis　　On 9th September, selling pressure became stronger with BlackRock experiencing a $19.5 million outflow, ARKB losing $78.0 million, and Grayscale GBTC losing another $27.2 million, bringing the net outflows to $120.2 million.　　The situation deteriorated further on 10th September, which was the worst day of the week with $282.7 million in net outflow. However, on 11th September, things were a little better as the total outflows totaled just $13.2 million.　　Across these four days, the ETFs collectively experienced approximately $462.7 million of cumulative net outflows, with Ark Invests ARKB and Grayscale GBTC being the most significant sources of selling pressure.　　This happened at the same time the price of Bitcoin fell from around $79K to $77,324.76 at press time after a drop

09-13Industry

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