Bitcoin sold off with United States equities at the Sept. 20 Wall Street open as risk assets took a break from macro-induced upside.
Data from Cointelegraph Markets Pro and TradingView showed BTC price action coming full circle from the daily open after hitting new three-week highs of $64,121 on Bitstamp.
The S&P 500, which set a new all-time high following a jumbo interest rate cut by the Federal Reserve on Sept. 18, also slid alongside the Nasdaq 100.
Gold saw room for further gains, up 1% on the day at the time of writing, while BTC/USD quickly canceled out its Wall Street dip.
“Lots of continuation signals here,” trader Roman wrote on X.
“Price Action looking bullish with low volume as we’re correcting / forming volatility to break 65k resistance. No bear divs or anything of that nature. Should see us move sideways next few days.”
Fellow trader Daan Crypto Trades agreed on the importance of the $65,000 mark, with Cointelegraph reporting its status as a liquidity magnet.
“The key level is $65K,” he told X followers.
“This is a big level in terms of liquidity as well as it would signal a bullish market structure break. As it would make for a higher high, after the recent higher low since the August dump.”
“We’ve only seen lower highs on the weekly thus far,” noted popular X account Cred in his latest content.
“Locally, this is the bears’ last stand, i.e., the last reasonable area where a lower high could form if they’re right, with close proximity to invalidation. $64k+ weekly close, ideally an impulsive one, would suggest a bullish break in market structure (first one in a while).”
Meanwhile, analyzing buyer appetite for BTC, onchain analytics platform CryptoQuant noted that Binance was leading US exchange Coinbase.
The so-called Coinbase premium—reflecting the difference in the exchange’s BTC pricing—showed a “significant negative value” on the day.
“In other words, during the current upward trend, the fact that the Coinbase Premium is negative while Bitcoin’s price isn’t falling suggests that there is strong buying pressure occurring on Binance,” contributor “Avocado_onchain” wrote in a Quicktake blog post.
Musk’s Pet Pepe could turn early investors into multi-millionaires, like Shiba Inu (SHIB) and Dogecoin (DOGE) did.
Musk’s Pet Pepe (MUSKPEPE), a new Solana memecoin that was launched today, is poised to explode over 13,000% in price in the coming days.
This is because MUSKPEPE is set to soon be listed on numerous crypto exchanges, according to reports.
This will give the Solana memecoin exposure to millions of additional investors, who will pour funds into the coin and drive its price up.
Currently, Musk’s Pet Pepe can only be purchased via Solana decentralized exchanges, like Jup.ag and Raydium.io, and early investors stand to make huge returns in the coming days.
Early investors in SHIB and DOGE made astronomical returns, and Musk’s Pet Pepe could become the next viral memecoin.
Musk’s Pet Pepe launched with over $9,000 of liquidity, giving it a unique advantage over the majority of other new memecoins, and early investors could make huge gains.
To buy Musk’s Pet Pepe on Raydium.io or Jup.ag ahead of the CEX listings, users need to connect their Solflare, MetaMask or Phantom wallet, and swap Solana for Musk’s Pet Pepe by entering its contract address – FRvvPKhjZ1RzqMSh9deeEGJ23osie3tRx1PSbgvLJ1ni – in the receiving field.
If you don’t have one of these wallets already, you can create a new wallet in a few minutes and transfer some Solana to it (which will then be used to buy the memecoin), from an exchange like Coinbase, Binance and many others.
In fact, early investors could make returns similar to those who invested in Shiba Inu (SHIB) and Dogecoin (DOGE) before these memecoins went viral and exploded in price.
If this happens, a new wave of memecoin millionaires could be created in a matter of weeks – or potentially even sooner.
The Solana memecoin craze continues amid larger memecoins, like Shiba Inu (SHIB), Dogecoin (DOGE) and DogWifHat (WIF) trading sideways in recent weeks and losing momentum.
This is why many SHIB, DOGE and WIF investors are instead investing in new Solana memecoins, like MUSKPEPE.
Such memecoins have no utility and no inherent value, but investors looking for high gains have been investing in them due to their potential to rapidly rise in price.
Trump Bull Market could turn early investors into multi-millionaires, like Shiba Inu (SHIB) and Dogecoin (DOGE) did.
Trump Bull Market (TRUMBULL), a new Solana memecoin that was launched recently, is poised to explode over 19,000% in price in the coming days.
This is because TRUMBULL is set to soon be listed on numerous crypto exchanges, according to reports.
This will give the Solana memecoin exposure to millions of additional investors, who will pour funds into the coin and drive its price up.
Currently, Trump Bull Market can only be purchased via Solana decentralized exchanges, like Jup.ag and Raydium.io, and early investors stand to make huge returns in the coming days.
Early investors in SHIB and DOGE made astronomical returns, and Trump Bull Market could become the next viral memecoin.
Trump Bull Market launched with over $3,000 of liquidity, giving it a unique advantage over the majority of other new memecoins, and early investors could make huge gains.
To buy Trump Bull Market on Raydium.io or Jup.ag ahead of the CEX listings, users need to connect their Solflare, MetaMask or Phantom wallet, and swap Solana for Trump Bull Market by entering its contract address – 62eFX2q8zBhhvPf4ebD52EVH8BPMsM6NF4Tv8ULn5h5y – in the receiving field.
If you don’t have one of these wallets already, you can create a new wallet in a few minutes and transfer some Solana to it (which will then be used to buy the memecoin), from an exchange like Coinbase, Binance and many others.
In fact, early investors could make returns similar to those who invested in Shiba Inu (SHIB) and Dogecoin (DOGE) before these memecoins went viral and exploded in price.
If this happens, a new wave of memecoin millionaires could be created in a matter of weeks – or potentially even sooner.
The Solana memecoin craze continues amid larger memecoins, like Shiba Inu (SHIB), Dogecoin (DOGE) and DogWifHat (WIF) trading sideways in recent weeks and losing momentum.
This is why many SHIB, DOGE and WIF investors are instead investing in new Solana memecoins, like TRUMBULL.
Such memecoins have no utility and no inherent value, but investors looking for high gains have been investing in them due to their potential to rapidly rise in price.
The demand for quicker, more affordable international money transfers is at an all-time high. Traditional methods often come with high fees, slow processing times, and complicated intermediaries. Blockchain-based payment systems offer a modern solution by enabling faster, more transparent transactions, bypassing traditional financial institutions.
Dmitrii Egorenkov, a global fintech leader with over 15 years of experience in banking, consumer finance, and other fintech sectors worldwide, believes that traditional financial platforms can learn valuable lessons from blockchain-based systems to improve cross-border transfers. Dmitrii has observed how these systems are transforming global financial transfers, offering faster, more cost-effective solutions that could inspire the next generation of international payments.
What Are Blockchain-Based Payment Systems?
Blockchain-based payment systems leverage decentralized networks to move funds directly between users without relying on banks or third parties. This peer-to-peer structure allows for faster and more cost-effective international transfers. Stablecoins, such as USDT (Tether), are often used for these transfers because they are pegged to the U.S. dollar, ensuring the stability of value while benefiting from the speed of blockchain.
Pros of Blockchain-Based Payment Systems
• Speed: Blockchain-based transfers settle in minutes, far faster than traditional systems that take days.
• Lower Fees: Fewer intermediaries mean lower transaction costs, making these systems ideal for remittances and small businesses.
• Transparency: Blockchain’s decentralized ledger provides a public, tamper-proof record of every transaction, enhancing security and accountability.
• Stability: By using stablecoins like USDT, users avoid the volatility commonly associated with other cryptocurrencies.
Cons of Blockchain-Based Payment Systems
• Regulatory Uncertainty: Different countries have varying stances on cryptocurrency, creating legal challenges for businesses and users.
• Adoption Barriers: Many people are still unfamiliar with blockchain technology and digital wallets, slowing down widespread use.
• Volatility: While stablecoins address this, the overall crypto market can still be volatile, affecting user confidence in non-stablecoin transactions.
Predictions for the Next Few Years
In the coming years, blockchain-based payment systems will likely gain broader adoption as regulatory frameworks become clearer and more countries embrace digital currencies. Stablecoins like USDT will continue to play a critical role, offering the stability needed for both individuals and businesses.
As blockchain technology improves, especially in terms of scalability and user-friendliness, these systems will become more accessible to the general public. Furthermore, traditional financial institutions may begin integrating blockchain technology into their services, blending the best of both worlds—speed, cost efficiency, and security.
For Dmitrii Egorenkov, the key takeaway is how blockchain-based systems are transforming cross-border payments. Traditional platforms can adapt to these changes by embracing the technology’s speed and efficiency, ultimately creating a more seamless and inclusive global financial network.
Blockchain-based payments are poised to become a cornerstone of international finance, offering faster, cheaper, and more inclusive alternatives to existing systems. While challenges remain, the next few years will be crucial in determining how widely these technologies will be adopted.
Singapore-based cryptocurrency exchange BingX’s estimated loss from a suspected hack on Sept. 20 has now exceeded $52 million, which is double the previously reported $26 million.
Earlier reports from blockchain security firm PeckShield identified one Ethereum wallet linked to the attack, which received $26.7 million in assets from BingX.
The total loss has increased as further investigations uncovered significant damages across multiple blockchain networks.
“As more wallets are identified, the total loss grows. Initial estimates, like $13 million, were likely incomplete, but updates from forensics firms, now reporting figures like $43 million, show a clearer picture,” said Hakan Unal, senior security operations lead at Cyvers Alerts, in a statement to Cointelegraph.
“Our threat intelligence system has summed the total loss across all chains, leading to a more comprehensive estimate of $52 million,” Unal added.
The loss estimate from Cyvers is on the higher end among security experts, while Beosin provided Cointelegraph with a lower estimate of $45 million stolen across three funding lines.
BingX downplayed the incident, describing the cyberattack as causing only “minor” losses.
“All user losses from this hack will be fully covered by BingX’s own capital,” said Vivien Lin, product chief at BingX, in a statement to Cointelegraph.
Lin noted that security firms had helped freeze approximately $1 million of the stolen funds as of the time of writing. BingX is still in the process of calculating its total losses.
BingX’s breach occurs amid a rising trend of cyberattacks targeting centralized cryptocurrency exchanges in Asia.
Indonesian exchange Indodax suffered a $20.58 million hack on Sept. 10.
Indian exchange WazirX experienced a major breach, losing $234.9 million on July 18.
Japan’s DMM Bitcoin faced the largest attack of 2024 so far, with hackers stealing $305 million in assets on May 31.
Security experts have attributed the attacks on Indodax, WazirX, and DMM to North Korea’s state-backed Lazarus Group.
Daddy Powell could turn early investors into multi-millionaires, like Shiba Inu (SHIB) and Dogecoin (DOGE) did.
Daddy Powell (DADDPOWE), a new Solana memecoin that was launched today and is named after Federal Reserve Chairman Jerome Powell, is poised to explode over 14,000% in price in the coming days.
This is because DADDPOWE is set to soon be listed on numerous crypto exchanges, according to reports.
This will give the Solana memecoin exposure to millions of additional investors, who will pour funds into the coin and drive its price up.
Currently, Daddy Powell can only be purchased via Solana decentralized exchanges, like Jup.ag and Raydium.io, and early investors stand to make huge returns in the coming days.
Early investors in SHIB and DOGE made astronomical returns, and Daddy Powell could become the next viral memecoin.
Daddy Powell launched with over $3,000 of liquidity, giving it a unique advantage over the majority of other new memecoins, and early investors could make huge gains.
To buy Daddy Powell on Raydium.io or Jup.ag ahead of the CEX listings, users need to connect their Solflare, MetaMask or Phantom wallet, and swap Solana for Daddy Powell by entering its contract address – 2XidSrhJDwhfyrW19V1owYU8fyThngbroz8ZURxYp6i1 – in the receiving field.
If you don’t have one of these wallets already, you can create a new wallet in a few minutes and transfer some Solana to it (which will then be used to buy the memecoin), from an exchange like Coinbase, Binance and many others.
In fact, early investors could make returns similar to those who invested in Shiba Inu (SHIB) and Dogecoin (DOGE) before these memecoins went viral and exploded in price.
If this happens, a new wave of memecoin millionaires could be created in a matter of weeks – or potentially even sooner.
The Solana memecoin craze continues amid larger memecoins, like Shiba Inu (SHIB), Dogecoin (DOGE) and DogWifHat (WIF) trading sideways in recent weeks and losing momentum.
This is why many SHIB, DOGE and WIF investors are instead investing in new Solana memecoins, like DADDPOWE.
Such memecoins have no utility and no inherent value, but investors looking for high gains have been investing in them due to their potential to rapidly rise in price.
Musk’s Pet Pepe could turn early investors into multi-millionaires, like Shiba Inu (SHIB) and Dogecoin (DOGE) did.
Musk’s Pet Pepe (MUSKPEPE), a new Solana memecoin that was launched today, is poised to explode over 13,000% in price in the coming days.
This is because MUSKPEPE is set to soon be listed on numerous crypto exchanges, according to reports.
This will give the Solana memecoin exposure to millions of additional investors, who will pour funds into the coin and drive its price up.
Currently, Musk’s Pet Pepe can only be purchased via Solana decentralized exchanges, like Jup.ag and Raydium.io, and early investors stand to make huge returns in the coming days.
Early investors in SHIB and DOGE made astronomical returns, and Musk’s Pet Pepe could become the next viral memecoin.
Musk’s Pet Pepe launched with over $9,000 of liquidity, giving it a unique advantage over the majority of other new memecoins, and early investors could make huge gains.
To buy Musk’s Pet Pepe on Raydium.io or Jup.ag ahead of the CEX listings, users need to connect their Solflare, MetaMask or Phantom wallet, and swap Solana for Musk’s Pet Pepe by entering its contract address – FRvvPKhjZ1RzqMSh9deeEGJ23osie3tRx1PSbgvLJ1ni – in the receiving field.
If you don’t have one of these wallets already, you can create a new wallet in a few minutes and transfer some Solana to it (which will then be used to buy the memecoin), from an exchange like Coinbase, Binance and many others.
In fact, early investors could make returns similar to those who invested in Shiba Inu (SHIB) and Dogecoin (DOGE) before these memecoins went viral and exploded in price.
If this happens, a new wave of memecoin millionaires could be created in a matter of weeks – or potentially even sooner.
The Solana memecoin craze continues amid larger memecoins, like Shiba Inu (SHIB), Dogecoin (DOGE) and DogWifHat (WIF) trading sideways in recent weeks and losing momentum.
This is why many SHIB, DOGE and WIF investors are instead investing in new Solana memecoins, like MUSKPEPE.
Such memecoins have no utility and no inherent value, but investors looking for high gains have been investing in them due to their potential to rapidly rise in price.
Trump Bull Market could turn early investors into multi-millionaires, like Shiba Inu (SHIB) and Dogecoin (DOGE) did.
Trump Bull Market (TRUMBULL), a new Solana memecoin that was launched recently, is poised to explode over 19,000% in price in the coming days.
This is because TRUMBULL is set to soon be listed on numerous crypto exchanges, according to reports.
This will give the Solana memecoin exposure to millions of additional investors, who will pour funds into the coin and drive its price up.
Currently, Trump Bull Market can only be purchased via Solana decentralized exchanges, like Jup.ag and Raydium.io, and early investors stand to make huge returns in the coming days.
Early investors in SHIB and DOGE made astronomical returns, and Trump Bull Market could become the next viral memecoin.
Trump Bull Market launched with over $3,000 of liquidity, giving it a unique advantage over the majority of other new memecoins, and early investors could make huge gains.
To buy Trump Bull Market on Raydium.io or Jup.ag ahead of the CEX listings, users need to connect their Solflare, MetaMask or Phantom wallet, and swap Solana for Trump Bull Market by entering its contract address – 62eFX2q8zBhhvPf4ebD52EVH8BPMsM6NF4Tv8ULn5h5y – in the receiving field.
If you don’t have one of these wallets already, you can create a new wallet in a few minutes and transfer some Solana to it (which will then be used to buy the memecoin), from an exchange like Coinbase, Binance and many others.
In fact, early investors could make returns similar to those who invested in Shiba Inu (SHIB) and Dogecoin (DOGE) before these memecoins went viral and exploded in price.
If this happens, a new wave of memecoin millionaires could be created in a matter of weeks – or potentially even sooner.
The Solana memecoin craze continues amid larger memecoins, like Shiba Inu (SHIB), Dogecoin (DOGE) and DogWifHat (WIF) trading sideways in recent weeks and losing momentum.
This is why many SHIB, DOGE and WIF investors are instead investing in new Solana memecoins, like TRUMBULL.
Such memecoins have no utility and no inherent value, but investors looking for high gains have been investing in them due to their potential to rapidly rise in price.
Daddy Powell could turn early investors into multi-millionaires, like Shiba Inu (SHIB) and Dogecoin (DOGE) did.
Daddy Powell (DADDPOWE), a new Solana memecoin that was launched today and is named after Federal Reserve Chairman Jerome Powell, is poised to explode over 14,000% in price in the coming days.
This is because DADDPOWE is set to soon be listed on numerous crypto exchanges, according to reports.
This will give the Solana memecoin exposure to millions of additional investors, who will pour funds into the coin and drive its price up.
Currently, Daddy Powell can only be purchased via Solana decentralized exchanges, like Jup.ag and Raydium.io, and early investors stand to make huge returns in the coming days.
Early investors in SHIB and DOGE made astronomical returns, and Daddy Powell could become the next viral memecoin.
Daddy Powell launched with over $3,000 of liquidity, giving it a unique advantage over the majority of other new memecoins, and early investors could make huge gains.
To buy Daddy Powell on Raydium.io or Jup.ag ahead of the CEX listings, users need to connect their Solflare, MetaMask or Phantom wallet, and swap Solana for Daddy Powell by entering its contract address – 2XidSrhJDwhfyrW19V1owYU8fyThngbroz8ZURxYp6i1 – in the receiving field.
If you don’t have one of these wallets already, you can create a new wallet in a few minutes and transfer some Solana to it (which will then be used to buy the memecoin), from an exchange like Coinbase, Binance and many others.
In fact, early investors could make returns similar to those who invested in Shiba Inu (SHIB) and Dogecoin (DOGE) before these memecoins went viral and exploded in price.
If this happens, a new wave of memecoin millionaires could be created in a matter of weeks – or potentially even sooner.
The Solana memecoin craze continues amid larger memecoins, like Shiba Inu (SHIB), Dogecoin (DOGE) and DogWifHat (WIF) trading sideways in recent weeks and losing momentum.
This is why many SHIB, DOGE and WIF investors are instead investing in new Solana memecoins, like DADDPOWE.
Such memecoins have no utility and no inherent value, but investors looking for high gains have been investing in them due to their potential to rapidly rise in price.
Musk’s Pet Pepe could turn early investors into multi-millionaires, like Shiba Inu (SHIB) and Dogecoin (DOGE) did.
Musk’s Pet Pepe (MUSKPEPE), a new Solana memecoin that was launched today, is poised to explode over 13,000% in price in the coming days.
This is because MUSKPEPE is set to soon be listed on numerous crypto exchanges, according to reports.
This will give the Solana memecoin exposure to millions of additional investors, who will pour funds into the coin and drive its price up.
Currently, Musk’s Pet Pepe can only be purchased via Solana decentralized exchanges, like Jup.ag and Raydium.io, and early investors stand to make huge returns in the coming days.
Early investors in SHIB and DOGE made astronomical returns, and Musk’s Pet Pepe could become the next viral memecoin.
Musk’s Pet Pepe launched with over $9,000 of liquidity, giving it a unique advantage over the majority of other new memecoins, and early investors could make huge gains.
To buy Musk’s Pet Pepe on Raydium.io or Jup.ag ahead of the CEX listings, users need to connect their Solflare, MetaMask or Phantom wallet, and swap Solana for Musk’s Pet Pepe by entering its contract address – FRvvPKhjZ1RzqMSh9deeEGJ23osie3tRx1PSbgvLJ1ni – in the receiving field.
If you don’t have one of these wallets already, you can create a new wallet in a few minutes and transfer some Solana to it (which will then be used to buy the memecoin), from an exchange like Coinbase, Binance and many others.
In fact, early investors could make returns similar to those who invested in Shiba Inu (SHIB) and Dogecoin (DOGE) before these memecoins went viral and exploded in price.
If this happens, a new wave of memecoin millionaires could be created in a matter of weeks – or potentially even sooner.
The Solana memecoin craze continues amid larger memecoins, like Shiba Inu (SHIB), Dogecoin (DOGE) and DogWifHat (WIF) trading sideways in recent weeks and losing momentum.
This is why many SHIB, DOGE and WIF investors are instead investing in new Solana memecoins, like MUSKPEPE.
Such memecoins have no utility and no inherent value, but investors looking for high gains have been investing in them due to their potential to rapidly rise in price.