CryptoPotato News (Official)

Binance Under US Investigation as Prosecutors Examine Iran-Linked Trading

• Binance is under investigation in the US for potential sanctions violations related to trading activities linked to Iran.
• The exchange maintains a zero-tolerance policy towards sanctions violations and claims to collaborate with law enforcement to eliminate bad actors.
• This investigation follows previous scrutiny of Binance, including the resignation of former CEO Changpeng Zhao after legal accusations, and the company agreeing to pay $4.3 billion in penalties.

https://cryptopotato.com/binance-under-us-investigation-as-prosecutors-examine-iran-linked-trading/

Arthur Hayes Says AI Glut Could Lower Compute Costs and Boost Crypto

• Arthur Hayes claims the "Safety First" pause on AI development is driven by weak demand for AI products rather than genuine concern for humanity, potentially benefiting his AI-crypto venture and Bitcoin.
• He highlights that the compute demand from AI labs is tied to over $1 trillion in investment-grade debt, which could face issues if AI training spending decreases.
• Hayes believes that regardless of government actions in response to potential debt downgrades, Bitcoin and crypto investors will ultimately benefit from increased liquidity.

https://cryptopotato.com/arthur-hayes-says-ai-glut-could-lower-compute-costs-and-boost-crypto/

Ethereum (ETH) Price Analysis: Bulls Eye $3K Following Breakout Above $2.7K Resistance

• Ethereum is currently trading around $2.73K after breaking above the $2.7K resistance, indicating a strengthened short-term structure despite approaching another major resistance zone.
• The daily chart shows significant recovery from $1.5K, with ETH reclaiming key resistance levels, but a long-term trend reversal requires trading above higher resistance levels.
• The Taker Buy Sell Ratio remains below 1, indicating aggressive selling has outpaced buying, which could leave the recent breakout vulnerable to consolidation or correction if not reversed.

https://cryptopotato.com/ethereum-eth-price-analysis-bulls-eye-3k-following-breakout-above-2-7k-resistance/

Binance Makes $100M Bet on Circle and Signs Five-Year USDC Deal

• Binance invested $100 million in Circle Internet Group, acquiring 1,237,011 Class A shares at $80.84 each, under a five-year agreement to promote USDC.
• The agreement prohibits Binance from selling or transferring the shares for up to two years and supersedes previous contracts from 2024 and 2025.
• Both companies aim to expand USDC access in emerging markets, with Binance recognizing Circle as a credible issuer and a key partner in reshaping cross-border value transfer.

https://cryptopotato.com/binance-makes-100m-bet-on-circle-and-signs-five-year-usdc-deal/

Important Pi Network News and PI Price Update: September 22

• Pi Network has completed the final step for launching protocol v27, which enhances smart contract capabilities and stabilizes at 250 transactions per block.
• Despite recent ecosystem advancements, the PI token is down about 8% this week, trading at approximately $0.09, while the broader crypto market experiences growth.
• The circulating supply of PI tokens is around 11.24 billion, with many tokens still locked, and the data source PiScan is currently unavailable for maintenance, impacting price monitoring.

https://cryptopotato.com/important-pi-network-news-and-pi-price-update-september-22/

This Signal Has Flipped to Altcoin Season as Crypto Rally Spreads Beyond Bitcoin

• Glassnode's Altcoin Cycle Signal has shifted to altcoin season, indicating broader market participation after an August rally primarily driven by Bitcoin.
• Bitcoin's price surpassed $87,000, with significant gains for altcoins like ETH, BNB, and XRP, contributing to a total market cap increase to over $3 trillion.
• Analysts express mixed opinions on the sustainability of the rally, with some predicting potential pullbacks while others foresee continued upward momentum.

https://cryptopotato.com/this-signal-has-flipped-to-altcoin-season-as-crypto-rally-spreads-beyond-bitcoin/

XRP Reclaims Key Resistance as BTC Cools at $86K After Massive Run: Market Watch

• Bitcoin surged over $7,000 to exceed $87,000 for the first time since January, driven by significant ETF inflows, before stabilizing around $86,000.
• Most altcoins, including Ripple's XRP and Dogecoin, experienced notable gains, with XRP surpassing $1.50 and Dogecoin nearing $0.10.
• The total cryptocurrency market cap increased by over 3.5% to $2.9 trillion, despite recent setbacks from the CLARITY Act vote and the Federal Reserve's interest rate hike.

https://cryptopotato.com/xrp-reclaims-key-resistance-as-btc-cools-at-86k-after-massive-run-market-watch/

PENGU Bull Run Incoming? Rare Cluster of Bullish Signals Spotted

• Pudgy Penguins (PENGU) experienced a 12% rally, with analysts suggesting further potential gains due to positive technical indicators.
• Key signals include a squeeze in Bollinger Bands, buy signals from the Tom DeMark Sequential, and a bullish Parabolic SAR, indicating a possible upcoming bullish trend.
• Other meme coins also saw significant gains, with PEPE up 25%, dogwifhat (WIF) nearly 20%, and Dogecoin (DOGE) over 12%, reflecting broad buying pressure in the market.

https://cryptopotato.com/pengu-bull-run-incoming-rare-cluster-of-bullish-signals-spotted/

Top Ripple Price Predictions as XRP Reclaims $1.50

• Despite bearish news like the CLARITY Act failure and US interest rate hikes, the cryptocurrency market, particularly XRP, has shown significant strength, with XRP rising 8% over the past week.
• XRP's price is currently around $1.53, marking a 53% rebound since mid-August, driven by strong institutional interest and whale accumulation of over 1.54 billion tokens.
• Analysts predict potential resistance levels at $1.60 and $1.70, with some forecasting long-term prices as high as $5.40 or even $15, though XRP's overbought status suggests a correction may be imminent.

https://cryptopotato.com/top-ripple-price-predictions-as-xrp-reclaims-1-50/

The Real Reasons Why Bitcoin Skyrocketed by $7K Daily: But Can the Rally Last?

• Bitcoin's price surged to over $87,000, reaching an eight-month high despite recent negative macroeconomic developments and setbacks in crypto legislation.
• The significant rise was attributed to nearly $1 billion in ETF inflows and a short squeeze that liquidated over $340 million in short positions.
• Analysts caution that while Bitcoin has moved past lower resistance levels, it now faces major resistance at $85,000 and $95,000, with future price movements dependent on continued ETF demand.

https://cryptopotato.com/the-real-reasons-why-bitcoin-skyrocketed-by-7k-daily-but-can-the-rally-last/

Bitcoin FOMO Surges as Traders Pile Back In: But Crowded Bets Can Turn Fast

• Bitcoin surpassed $87,000, triggering a surge in market optimism and a significant increase in social media discussions about potential gains, with $648 million in short positions liquidated.
• Crypto trading volume rose by 39%, while open interest increased by 7.6% to $156 billion, indicating traders are taking on more leverage despite the liquidation of bearish positions.
• Analysts suggest that Bitcoin's recent rally may continue, with targets set at $88,000 and potentially $350,000 to $370,000 by 2030, as it remains in a "bullish regime" above key price levels.

https://cryptopotato.com/bitcoin-fomo-surges-as-traders-pile-back-in-but-crowded-bets-can-turn-fast/

Hayden Adams Claims SBF Bought Uniswap.com to ‘Flex’ on the Company

• Hayden Adams alleged that Sam Bankman-Fried purchased the Uniswap.com domain for seven figures, which Uniswap Labs had previously rejected.
• The domain was redirected to a SushiSwap page, leading to a WIPO dispute where it was determined that the domain was acquired and used in bad faith.
• WIPO ordered the domain's transfer to Uniswap Labs, but did not identify Bankman-Fried as the respondent or confirm his acquisition of the domain.

https://cryptopotato.com/hayden-adams-claims-sbf-bought-uniswap-com-to-flex-on-the-company/

Ethereum Investors Are Pulling ETH Off Binance at a Pace Not Seen in 3 Years

• Ethereum rose 6% in 24 hours, trading above $2,700, and has increased 80% from $1,510 in three months, indicating strong accumulation.
• Monthly average ETH withdrawals from Binance have surpassed 90,000, the highest in three years, suggesting investors are moving ETH to private wallets for long-term holding.
• US-based Ethereum ETFs faced significant outflows totaling $404.7 million midweek, resulting in August's ETF inflows dropping below $190 million despite some recovery on Monday and Friday.

https://cryptopotato.com/ethereum-investors-are-pulling-eth-off-binance-at-a-pace-not-seen-in-3-years/

Brian Armstrong: CLARITY Act Failure Could Benefit Coinbase

• Coinbase CEO Brian Armstrong believes the failure of the CLARITY Act may benefit his exchange by limiting competition from major Wall Street firms in the crypto market.
• Armstrong acknowledged that while regulatory clarity could have attracted traditional financial institutions, it would have also increased competition for Coinbase.
• With the bill stalled, Armstrong indicated that Coinbase will focus on collaborating with the SEC and CFTC to develop industry regulations, viewing the situation as more permissive for the company.

https://cryptopotato.com/brian-armstrong-clarity-act-failure-could-benefit-coinbase/

Massive $1 Billion in Liquidations as Bitcoin Taps $87K: What’s Next?

• Bitcoin's price surged to an intraday high of $87,000, marking its highest level since January and pushing its market cap toward $1.8 trillion.
• The rally triggered over $1 billion in liquidations, predominantly affecting short positions, with more than 139,000 traders forced to close their positions.
• Analysts are now focusing on the $88,000 resistance level, with potential targets of $90,000 and $95,000 if Bitcoin maintains momentum above this threshold.

https://cryptopotato.com/massive-1-billion-in-liquidations-as-bitcoin-taps-87k-whats-next/

Shiba Inu (SHIB) Takes a Serious Hit: Is the Worst Yet to Come?

• Shiba Inu (SHIB) experienced an 8% price increase over the past week but lost its position as the second-largest meme coin to MemeCore (M), which saw a 35% rise.
• The gap between SHIB and the fourth-largest meme coin, PUMP, is significant at around $1.3 billion, but declining Shibarium activity and increasing SHIB tokens on exchanges raise concerns about future performance.
• Historically, September has been a challenging month for SHIB, with its valuation declining in three out of the last five years during this period.

https://cryptopotato.com/shiba-inu-shib-takes-a-serious-hit-is-the-worst-yet-to-come/

From Bear Trap to $88K: Analyst Reveals Why Bitcoin’s Rally Isn’t Over

• Bitcoin's recent breakout above the 50-week moving average suggests a potential rally towards the $82,500-$83,000 range, echoing patterns from 2022-2023.
• Doctor Profit notes that a weekly close above the moving average could solidify a bullish outlook, as historical data shows multiple instances of similar market behavior leading to bull markets.
• Another analyst, Crypto Patel, highlights a historical cycle indicating that if trends continue, Bitcoin could target as high as $370,000 in the next major expansion.

https://cryptopotato.com/from-bear-trap-to-88k-analyst-reveals-why-bitcoins-rally-isnt-over/

BitMine Buys 27,562 ETH in a Week as Holdings Reach $17.1 Billion

• BitMine Immersion Technologies purchased 27,562 Ethereum, increasing its total holdings to $17.1 billion, with a notable rise in Ether's market value from $2,513 to $2,688 per token.
• The company has consistently bought ETH weekly since June 30, 2025, and currently holds 4.9% of the total ETH supply, nearing its goal of 5%.
• BitMine anticipates a stronger crypto market in Q4 2026, with projected annualized staking revenue increasing to $421 million as it maintains a staked ETH count of 5,067,309.

https://cryptopotato.com/bitmine-buys-27562-eth-in-a-week-as-holdings-reach-17-1-billion/

Ethereum Crosses $2,700: Bull Trap or the Start of a Major Rally?

• The cryptocurrency market has seen significant gains recently, with Bitcoin surpassing $85,000 and Ethereum reaching a nine-month high of approximately $2,750, despite negative news and market conditions.
• Analysts are divided on Ethereum's future, with some predicting a potential bull trap and a drop to $1,800, while others believe it could outperform in the long term after a correction.
• Positive factors such as increased whale activity, rising non-empty wallets, and solid institutional interest suggest that Ethereum's price may continue to rise in the short term.

https://cryptopotato.com/ethereum-crosses-2700-bull-trap-or-the-start-of-a-major-rally/

Bitcoin (BTC) Just Reached $86K: There’s Just One Problem

• Bitcoin reached $85,000, marking a 6% increase in 24 hours, but lacks strong confirmation from US spot demand as indicated by a negative Coinbase Premium Index.
• The Coinbase Premium Index, which measures buying activity, turned negative again, suggesting weaker demand or stronger selling pressure on Coinbase.
• Strategy resumed Bitcoin purchases, acquiring 950 BTC for $75.7 million, bringing its total holdings to 846,000 BTC valued at approximately $72 billion.

https://cryptopotato.com/bitcoin-btc-just-reached-86k-theres-just-one-problem/