BTC breaks out above $123,900, with premiums on futures markets as high as $127,500 Bitcoin (BTC) is headed for a new all-time high after breaking out from $120,000 to $123,000 within hours. BTC got a boost from a short squeeze, as well as hints at bringing back legalized crypto trading to Russia. Bitcoin (BTC) was unstoppable ahead of the weekend, breaking out from $120,000 to over $123,900 within hours. BTC is now seen as capable of reaching a new all-time high, probably targeting $126,000. BTC gained positions rapidly, causing up to $100M in short liquidations within hours | Source: Coingecko The rally followed the weekly futures expiration event, which may have caused some downward pressure on the price. Without the expiration looming, BTC was free to chart a new rally, with trading volumes at a one-month peak of $78B. The high-volume rally indicated a strong overall sentiment for BTC, as the asset expanded by more than 12% over the past week. BTC set up a local bottom for September at $107,000, based on both derivative liquidity and spot accumulation. BTC then quickly returned to the $122,000 range, with expectations for additional attempts to break new price records. The current rally happened during a time of neutral sentiment based on the fear and greed index, showing BTC was ready to rally even without excessive greed. The main driver was the accumulation of short liquidity that could be attacked and liquidated. BTC futures trade at a premium During the recent rapid rally, price reports showed disparities between exchanges. Binance’s USDT pair had a premium, reaching over $123,990. Futures markets are showing even larger premiums to the spot price, with Binance futures at $124,616. However, on Aster, the BTC futures traded at $120,242. The most liquid Binance trading pair was also trading at a premium, reaching $127,579. The climb to $123,000 tracked the liquidations of short positions. The other option for BTC was a dip to $118,000 to liquidate long positions. Most of the short liquidity has been taken, and BTC is still threatening a dip as low as $110,000. The recent BTC price move liquidated almost all short positions above $123,000 | Source: Coinglass The rapid price expansion caused $72.97M in liquidations for the past hour. BTC rallied ahead of other altcoins, as ETH and other assets remained near their usual range. The BTC rally, however, helped BNB break to a new all-time peak above $1,167. Is retail BTC trading coming back to Russia? BTC had multiple triggers for the current rally, but the news about Russia allowing retail trading has added to the hype. Reports have surfaced of the Moscow stock exchange, the country’s largest market operator, calling on regulators to bring back retail crypto trading. Russia has been one of the regions with broad crypto adoption, though it has been excluded from international trading due to sanctions. It remains uncertain how much BTC would be mopped up by potential Russian buyers. BTC has once again shown its appeal as an asset during times of economic turbulence. If you're reading this, you’re already ahead. Stay there with our newsletter.#BTC125Next?$BTC $BTC #BNBBreaksATH
Pundit Predicts XRP to $20,000, Linking It to Ripple’s New Privacy Project $XRP Ripple has put privacy and scalability at the center of its new strategy, and the recent move has triggered bold theories about the XRP price. The discussion picked up after RippleX Senior Director of Engineering, J. Ayo Akinyele, shared his vision for the XRP Ledger (XRPL) in a recent Ripple Insights post. Akinyele said his team is building the privacy, scale, and reliability that financial institutions demand. Over the next year, he plans to roll out zero-knowledge proofs so institutions can process private but compliant transactions more efficiently. ✨Steingraber Resurrects XRP to $20,000 Projection This renewed focus on privacy has revived an XRP valuation model first shared in 2022 by game developer and community analyst Chad Steingraber. At the time, he presented what he believed could be the road to a $20,000 XRP, building his case on three principles.
MUSK REWRITES THE RULES AGAIN! 🚨 Elon Musk has just shocked the world with another financial masterstroke that could change how businesses raise money forever. ⚡ Here’s the big play: Tesla’s Berlin Gigafactory, valued at $5 billion, has been tokenized into 100 million shares under the RWA (Real World Assets) model. Each share was priced at just $500, giving everyday people a chance to buy in — and in just 72 hours, Musk raised a jaw-dropping $50 billion. 💰🔥 But here’s the kicker 👉 The factory itself is still under Tesla’s full control. Musk hasn’t sold the asset — he’s simply created a brand-new way for people to invest and earn dividends from Tesla’s real-world success. That means 100 million micro-investors now get a piece of Tesla’s profit machine without diluting ownership. This is more than innovation — it’s a direct strike at traditional financing models. Banks and Wall Street middlemen? Totally bypassed. 🚀 In the era of Web3 + RWA, heavy-asset companies can unlock liquidity without losing their properties, while ordinary people can step into shareholder roles with just a few hundred dollars. 📌 Imagine if factories, malls, or office towers everywhere get tokenized this way. The game has changed — and Musk just showed the world how it’s done. #Musk #Web3 #BusinessGenius #Financing #BİNANCESQUARE #TrumpNewTariffs #CryptoETFMonth #MarketRebound $ETH $BTC
Breaking: XRP, SOL, ADA, DOGE, and LTC ETF Filings to Be Withdrawn$BTC $ETH $SOL #BinanceHODLerEDEN #MarketRebound #TrumpNewTariffs The U.S. Securities and Exchange Commission (SEC) has reportedly asked exchange-traded fund (ETF) issuers to withdraw their 19b-4 filings for XRP, Litecoin (LTC), Solana (SOL), Cardano (ADA), and Dogecoin (DOGE) ETFs. This comes after the SEC recently approved new generic listing standards for commodity-based ETFs, including cryptocurrency-based ones. Issuers will start withdrawing their applications as early as this week, meaning that it is only a matter of time until such ETFs will become publicly tradable. Massive change Normally, each ETF has to be approved under Section 19(b) of the Securities Exchange Act of 1934. The approval process is usually lengthy and daunting. card Now, however, if a certain product meets specific eligibility criteria, it can secure a much-coveted listing at a much faster pace. Such commodities are supposed to have CFTC-regulated futures contracts (among some other requirements). Earlier, multiple analysts predicted that the new listing standard would unleash a wave of new spot cryptocurrency ETFs.#StrategyBTCPurchase