Welcome to CoinFeedPro

Latest crypto news from key platforms. All in one place.

Todays Sentiment

Bullish

 -  NEWSBTC
Bitcoin Momentum Indicator: Why 600,000 Transactions Threshold Matters Most Bitcoin Momentum Indicator: Why 600,000 Transactions Threshold Matters Most
As Bitcoin (BTC) continues to trade in the low $110,000 range, a key on-chain indicator has flipped bullish, show signs of an upcoming price rally that could propel the top digital asset to new all-time highs (ATH) in the near term. Bitcoin’s 600,000 Transactions Threshold Takes Center Stage According to a CryptoQuant Quicktake post by contributor Ibrahim Cosar, an important correlation between BTC price and the total number of transactions over time stands out. Related Reading: Bitcoin Cycle Confluence Hints No Bottom Before October – What This Means The analyst shared the following chart to highlight the relationship between Bitcoin’s price and the total number of transactions. Notably, whenever the total transaction count surges above the 600,000 level – or even approaches it – BTC’s price tends to initiate an upward move. The above chart shows three previous instances in 2025 when BTC’s total transaction count climbed beyond 600,000, with an ensuing price appreciation. In May, there was a sharp price increase shortly following Bitcoin’s transaction count jump. Similar combinations of transaction count increase and price action surge were witnessed in August and early September. The CryptoQuant analyst remarked that this pattern has become particularly evident since Q4 2024. Cosar added: I’ve been studying on-chain data for a long time, but it’s rare to see such a clear pattern. The 600K transaction threshold seems to act almost like a signal that triggers Bitcoin’s “price engine.” This is my personal discovery, and the chart confirms it quite clearly. The analyst stated that rising transaction activity on the network is a leading indicator of Bitcoin’s underlying usage and demand. As the number of transactions on the Bitcoin network rises, the network becomes more vibrant and active. The growing usage of the Bitcoin network creates a natural buying pressure on Bitcoin’s price, adding fuel to the cryptocurrency’s bullish momentum. According to Cosar, the 600,000 transaction level is an “activity explosion” threshold that leads to a “price explosion.” That said, the analyst cautioned that no single factor can completely influence BTC’s price, as it is dependent on a mix of various factors, including macroeconomic backdrop, regulations, and trading activity. Still, the significance of an on-chain indicator with such a strong correlation with BTC’s price should not be ignored. If the total transaction count rises past the 600,000 level again, expect BTC to hit a new record high. Will BTC Fall Below $100,000? Bitcoin’s inability to decisively break through its current ATH of $124,128, recorded on August 14, has bulls worried about the digital asset’s fading momentum. The cryptocurrency is currently at its most oversold level since April 2025. Related Reading: Bitcoin Tipped To Peak In 2026 – Here’s Why From a technical standpoint, BTC has formed a bearish evening star pattern on the weekly chart, raising the possibilities of a price dip below $100,000. At press time, BTC trades at $114,117, up 3.8% in the past 24 hours. Featured image from Unsplash, charts from CryptoQuant and TradingView.com

Latest news

 - BITCOINIST
Crypto Kings: Singapore And UAE Dominate Global Digital Currency Usage – Study Singapore and the United Arab Emirates have climbed to the top of recent crypto adoption lists, with different reports placing the city-state and the Gulf federation among the most digital currency-friendly places on earth. Related Reading: Celebrity Downfall: South Korean Actress Sentenced For $3-M Bitcoin Scam According to Henley & Partners and surveys compiled by [
]
 - Bitcoin.com
Qatar National Bank Taps JPMorgan’s Blockchain for Faster Dollar Payments Qatar National Bank (QNB) has adopted JPMorgan’s blockchain platform, enabling its corporate clients to settle U.S. dollar payments within minutes. The move highlights the Gulf region’s push to modernize financial infrastructure and attract global capital. Gulf Banking Giant Embraces Blockchain for 24/7 USD Transfers Qatar National Bank (QNB), the Middle East’s largest lender, has integrated [
]
 - NEWSBTC
XRP Moves Higher – Approaching Resistance That Could Decide Next Trend XRP price is attempting a recovery wave above the $2.850 zone. The price now faces a couple of key hurdles near $2.920 and $2.950. XRP price is slowly moving higher above the $2.850 support zone. The price is now trading above $2.850 and the 100-hourly Simple Moving Average. There is a connecting bullish trend line forming with support at $2.8320 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could continue to move up if it settles above $2.920. XRP Price Faces Resistance XRP price started a recovery wave after it found support above $2.720 and $2.770, like Bitcoin and Ethereum. The price was able to surpass the $2.80 and $2.850 resistance levels. There was a clear move above the 61.8% Fib retracement level of the downward wave from the $2.995 swing high to the $2.70 low. The bulls even pushed the price toward $2.920 before they faced resistance. Besides, there is a connecting bullish trend line forming with support at $2.8320 on the hourly chart of the XRP/USD pair. The price is now trading above $2.850 and the 100-hourly Simple Moving Average. On the upside, the price might face resistance near the $2.925 level or the 76.4% Fib retracement level of the downward wave from the $2.995 swing high to the $2.70 low. The first major resistance is near the $2.950 level. A clear move above the $2.950 resistance might send the price toward the $3.00 resistance. Any more gains might send the price toward the $3.050 resistance. The next major hurdle for the bulls might be near $3.120. Another Decline? If XRP fails to clear the $2.920 resistance zone, it could start a fresh decline. Initial support on the downside is near the $2.850 level. The next major support is near the $2.8320 level and the trend line. If there is a downside break and a close below the $2.8320 level, the price might continue to decline toward $2.770. The next major support sits near the $2.720 zone, below which the price could continue lower toward $2.650. Technical Indicators Hourly MACD – The MACD for XRP/USD is now gaining pace in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for XRP/USD is now above the 50 level. Major Support Levels – $2.8320 and $2.770. Major Resistance Levels – $2.920 and $2.950.
 - BITCOINIST
SWIFT Unveils Blockchain Ledger: 30+ Global Banks Back Push for 24/7 Cross-Border Payments Payments giant SWIFT is developing a blockchain-based ledger with 30+ top banks and Consensys, aiming to enable 24/7 cross-border payments. SWIFT Is Working With 30+ Global Financial Institutions On A Blockchain Ledger As revealed in a press release, SWIFT is planning to add a blockchain-based ledger to its infrastructure stack, in collaboration with a group [
]
 - NEWSBTC
What’s Next For The Bitcoin Price? Expert Forecasts Potential 20% Price Crash Ahead The Bitcoin price opened Monday with a slight recovery, reclaiming the $113,000 mark after a dip that brought the price down to $109,000—a level that has proven to be significant support for the top cryptocurrency. Despite this temporary bounce, one expert warns of further challenges ahead for bullish investors. Warns Of Further Bitcoin Price Drops In a recent post on social media platform X (formerly Twitter), Doctor Profit expressed confidence in his market analysis, indicating that BTC is on track to reach his projected target range between $90,000 to $94,000, meaning an additional 20% drop for the Bitcoin price. He posited that the cryptocurrency is poised to move toward a new short-term downside target at approximately $106,000. According to his assessment, a minor bounce in this area could attract additional liquidity before the market potentially moves lower. Related Reading: Everyone’s Wrong About XRP: Here’s Why, Says Top Analyst Doctor Profit also paints a bleak picture of the broader economic landscape, highlighting troubling signs such as Japan’s 10-Year Bond Yield reaching its highest level since the Global Financial Crisis. He notes that the repo-to-reserves ratio is approaching 99%, a metric that hints at funding stress and margin strain, leading to forced selling. While he acknowledges that a surge in liquidity from central banks could provide a bullish pivot, he remains skeptical given the current market conditions. The analyst also referenced a range of indicators and charts he has shared since August, emphasizing that many key market charts, including the Dow Jones, are at significant resistance levels, some of which have formed over a century. He pointed out the record levels of alleged insider selling witnessed in recent weeks, alongside a surge in retail investor inflows, suggesting a disconnect between retail enthusiasm and the actions of larger players in the market. October Could Signal Recovery In contrast to Doctor Profit’s cautious stance, market expert Timothy Peterson offers a more optimistic outlook for the Bitcoin price trajectory in the months to come. Peterson believes that October could bring a positive shift for Bitcoin, drawing on historical trends and current market dynamics. Related Reading: Ethereum Outflows Hit Spot Exchanges Again: Bullish Signal Or Neutral Flows? As recently reported by NewsBTC, Peterson has outlined two potential bullish scenarios that he believes remain for the cryptocurrency: one forecasting a rise to as high as $240,000, while another more conservative estimate suggests a surge to $160,000. As the month of September draws to a close, Doctor Profit’s prediction that Bitcoin would trade below $100,000 could still play out. With only a 9% decline needed to breach the $100,000 threshold, the outlook remains uncertain. Featured image from DALL-E, chart from TradingView.com
 - BITCOINIST
Crypto Kings: Singapore And UAE Dominate Global Digital Currency Usage – Study Singapore and the United Arab Emirates have climbed to the top of recent crypto adoption lists, with different reports placing the city-state and the Gulf federation among the most digital currency-friendly places on earth. Related Reading: Celebrity Downfall: South Korean Actress Sentenced For $3-M Bitcoin Scam According to Henley & Partners and surveys compiled by [
]
 - Cointelegraph
‘Government Grift’ ETF tracking Congress trades could launch this week A Bloomberg ETF analyst said the Tuttle Capital Government Grift ETF could launch this week, allowing retail investors to make similar trades to US Congress members.
 - Cointelegraph
Psychology is as big a driver of Ethereum as price, study finds Project Mirror surveyed members of the Ethereum community, finding that Ethereum’s technical strength is invisible without narrative clarity.
 - Bitcoin.com
Qatar National Bank Taps JPMorgan’s Blockchain for Faster Dollar Payments Qatar National Bank (QNB) has adopted JPMorgan’s blockchain platform, enabling its corporate clients to settle U.S. dollar payments within minutes. The move highlights the Gulf region’s push to modernize financial infrastructure and attract global capital. Gulf Banking Giant Embraces Blockchain for 24/7 USD Transfers Qatar National Bank (QNB), the Middle East’s largest lender, has integrated [
]
 - NEWSBTC
XRP Moves Higher – Approaching Resistance That Could Decide Next Trend XRP price is attempting a recovery wave above the $2.850 zone. The price now faces a couple of key hurdles near $2.920 and $2.950. XRP price is slowly moving higher above the $2.850 support zone. The price is now trading above $2.850 and the 100-hourly Simple Moving Average. There is a connecting bullish trend line forming with support at $2.8320 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could continue to move up if it settles above $2.920. XRP Price Faces Resistance XRP price started a recovery wave after it found support above $2.720 and $2.770, like Bitcoin and Ethereum. The price was able to surpass the $2.80 and $2.850 resistance levels. There was a clear move above the 61.8% Fib retracement level of the downward wave from the $2.995 swing high to the $2.70 low. The bulls even pushed the price toward $2.920 before they faced resistance. Besides, there is a connecting bullish trend line forming with support at $2.8320 on the hourly chart of the XRP/USD pair. The price is now trading above $2.850 and the 100-hourly Simple Moving Average. On the upside, the price might face resistance near the $2.925 level or the 76.4% Fib retracement level of the downward wave from the $2.995 swing high to the $2.70 low. The first major resistance is near the $2.950 level. A clear move above the $2.950 resistance might send the price toward the $3.00 resistance. Any more gains might send the price toward the $3.050 resistance. The next major hurdle for the bulls might be near $3.120. Another Decline? If XRP fails to clear the $2.920 resistance zone, it could start a fresh decline. Initial support on the downside is near the $2.850 level. The next major support is near the $2.8320 level and the trend line. If there is a downside break and a close below the $2.8320 level, the price might continue to decline toward $2.770. The next major support sits near the $2.720 zone, below which the price could continue lower toward $2.650. Technical Indicators Hourly MACD – The MACD for XRP/USD is now gaining pace in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for XRP/USD is now above the 50 level. Major Support Levels – $2.8320 and $2.770. Major Resistance Levels – $2.920 and $2.950.
 - BITCOINIST
SWIFT Unveils Blockchain Ledger: 30+ Global Banks Back Push for 24/7 Cross-Border Payments Payments giant SWIFT is developing a blockchain-based ledger with 30+ top banks and Consensys, aiming to enable 24/7 cross-border payments. SWIFT Is Working With 30+ Global Financial Institutions On A Blockchain Ledger As revealed in a press release, SWIFT is planning to add a blockchain-based ledger to its infrastructure stack, in collaboration with a group [
]
 - NEWSBTC
What’s Next For The Bitcoin Price? Expert Forecasts Potential 20% Price Crash Ahead The Bitcoin price opened Monday with a slight recovery, reclaiming the $113,000 mark after a dip that brought the price down to $109,000—a level that has proven to be significant support for the top cryptocurrency. Despite this temporary bounce, one expert warns of further challenges ahead for bullish investors. Warns Of Further Bitcoin Price Drops In a recent post on social media platform X (formerly Twitter), Doctor Profit expressed confidence in his market analysis, indicating that BTC is on track to reach his projected target range between $90,000 to $94,000, meaning an additional 20% drop for the Bitcoin price. He posited that the cryptocurrency is poised to move toward a new short-term downside target at approximately $106,000. According to his assessment, a minor bounce in this area could attract additional liquidity before the market potentially moves lower. Related Reading: Everyone’s Wrong About XRP: Here’s Why, Says Top Analyst Doctor Profit also paints a bleak picture of the broader economic landscape, highlighting troubling signs such as Japan’s 10-Year Bond Yield reaching its highest level since the Global Financial Crisis. He notes that the repo-to-reserves ratio is approaching 99%, a metric that hints at funding stress and margin strain, leading to forced selling. While he acknowledges that a surge in liquidity from central banks could provide a bullish pivot, he remains skeptical given the current market conditions. The analyst also referenced a range of indicators and charts he has shared since August, emphasizing that many key market charts, including the Dow Jones, are at significant resistance levels, some of which have formed over a century. He pointed out the record levels of alleged insider selling witnessed in recent weeks, alongside a surge in retail investor inflows, suggesting a disconnect between retail enthusiasm and the actions of larger players in the market. October Could Signal Recovery In contrast to Doctor Profit’s cautious stance, market expert Timothy Peterson offers a more optimistic outlook for the Bitcoin price trajectory in the months to come. Peterson believes that October could bring a positive shift for Bitcoin, drawing on historical trends and current market dynamics. Related Reading: Ethereum Outflows Hit Spot Exchanges Again: Bullish Signal Or Neutral Flows? As recently reported by NewsBTC, Peterson has outlined two potential bullish scenarios that he believes remain for the cryptocurrency: one forecasting a rise to as high as $240,000, while another more conservative estimate suggests a surge to $160,000. As the month of September draws to a close, Doctor Profit’s prediction that Bitcoin would trade below $100,000 could still play out. With only a 9% decline needed to breach the $100,000 threshold, the outlook remains uncertain. Featured image from DALL-E, chart from TradingView.com
 - CoinDesk
OKX SG Brings USDT and USDC Scan-to-Pay to Singapore’s Everyday Shopping The OKX Pay service involves collaboration with crypto infrastructure provider StraitsX and Southeast Asia's "everyday everything" app Grab.