Swiss Franc weakens as US Dollar gain support on hawkish Fed outlook

USD/CHF gains ground after two days of losses, trading around 0.8230 during the Asian hours on Monday. The pair appreciates as the US Dollar (USD) gains support amid hawkish sentiment surrounding the Federal Reserve (Fed) policy outlook. Last week, the US Federal Reserve delivered a 25-basis-point rate hike, its first hike in three years, as officials sought to curb inflation and flagged more hikes in the coming months.  Markets are now pricing in nearly a 56.5% chance of another US rate hike when the Fed meets next in October, compared with nearly 42.5% a week ago, according to the CME FedWatch tool. Fed Chair Kevin Warsh said that “the plain fact is that inflation is too high and has been for too long.” “This summers inflation readings do not tell me that underlying trends have meaningfully improved,” he added.  The USD/CHF pair gains support as the Swiss Franc (CHF) has weakened due to a widening interest rate differential with the United States and intense selling pressure driven by new carry trades.  Discover more  Daily crypto news  Crypto tax software  Blockchain consulting services  This shift is largely attributed to the Federal Reserve delivering its first-rate hike in three years, which significantly boosted demand for the greenback. At the

09-21Industry

Bitcoin Reclaims Key Weekly Level for First Time in 45 Weeks

Why the 50-week moving average mattersOne major exception  Bitcoin has managed to reclaim one of its most closely watched long-term technical levels after spending nearly a year below it.  The largest cryptocurrency closed the week ending Sept. 20 at $81,159. It has now surged above its 50-week moving average of $78,786, according to a new chart shared by Galaxy Research.  This is Bitcoins first weekly close above the indicator in 45 weeks. The previous one occurred on Nov. 9, 2025. This happened shortly after Bitcoin reached its current all-time high above $126,000 in October.  Bitcoin Reclaims Key Weekly Level for First Time in 45 Weeks  Zcash (ZEC), Hyperliquid (HYPE), Avalanche (AVAX) and Shiba Inu (SHIB) Price Analysis for September 21: Pivotal Moment for Bullish Market  Historically, reclaiming the 50-week moving average has been viewed as rather strong confirmation that a Bitcoin bear-market bottom might be in.  Why the 50-week moving average matters  The 50-week moving average smooths out roughly a year of Bitcoins weekly closing prices.  During sustained bull markets, Bitcoin has generally remained above the level (and the opposite is true during bear markets).  Galaxy Research has described the 50-week average as a “ceiling” during Bitcoins major downturns. Losing this level usually triggers a substantial correction.  You Might Also Like  The

09-21Industry

Silver Price Forecast: XAG/USD consolidates near $66.35 at the start of the week

Silver price (XAG/USD) trades in a tight range at the start of the week near $66.35 during the Asian trading session. The white metal consolidates while investors remain focused on developments in Middle East regarding the oil supply and the United States (US) interest rate outlook.  Oil prices extend their decline in Mondays Asian trade as hopes of US-Iran diplomacy have increased, following remarks from President Donald Trump that he would probably be open to meeting Iranian President Masoud Pezeshkian this week on the sidelines of the United Nations (UN) General Assembly in New York, TimesNow reported.  Lower oil prices ease fears of high inflation expectations, a scenario that diminishes high interest rate projections. This bodes well for non-yielding assets, such as Silver.  Meanwhile, investor seek fresh cues regarding how long the Federal Reserve (Fed) will continue the monetary-tightening cycle, which started last week in an attempt to counter inflationary pressures.  Over the weekend, Minneapolis Fed Bank President Neel Kashkari said that “inflation is too high across all sectors ‌of the US economy”. Kashkari clarified that high inflation is not only driven by rising oil prices, adding that resilient economic growth is also boosting price pressures.  Silver Technical Analysis  In the daily chart, XAG/USD trades at

09-21Industry

Binance Announces Support for Terra Network, LUNA Price Surges 15%

The worlds largest crypto exchange Binance on Monday said it will support the upcoming Terra (LUNA) network upgrade. As a result, LUNA price skyrocketed and extended weekly gains to almost 30%.  Ad  Ad  Binance Will Support Terra Network Upgrade  The Terra network is set to undergo a v2.21.0 upgrade today, September 21. This upgrade focuses on strengthening network security, stability, and interoperability.  This is key for the infrastructure behind every transaction and app on Terra. “No action is required from users. A brief network pause may occur while validators upgrade,” said the Terra Phoenix team.  Discover more  Crypto market updates  FINANCE  Fintech investment reports  The network upgrade will take place at block height 22,942,000. It is expected to happen at 16:00 UTC, according to the upgrade countdown data.  Binance will temporarily pause deposits and withdrawals of tokens on the Terra network, supporting the network upgrade and ensuring the best user experience. The crypto exchange added that trading on the network will not be impacted and the exchange will handle all technical requirements for all users.  Binance said LUNA trading will continue as normal. The leading crypto exchange will handle technical requirements for users holding the token on the exchange. Deposits and withdrawals will resume once the upgraded network is considered stable.  Ad  Ad  LUNA Price

09-21Industry

Top 3 Price Prediction: Bitcoin, Ethereum, Ripple – BTC extends gains, ETH and XRP advance in uptrend

Bitcoin (BTC), Ethereum (ETH) and Ripple (XRP) extend their gains on Monday after posting strong gains of over 5%, 6% and 5%, respectively, last week. BTC trades above $81,300, ETH climbs above $2,600, and XRP holds above the key $1.300 support level. All three momentum indicators suggest early bullish momentum and hint at further gains ahead.  Bitcoin bulls aim for $85,000 mark  Bitcoin price trades at $81,334 on Monday after gaining over 5% last week. BTC maintains a bullish near-term bias as price holds well above the 50-day, 100-day, and 200-day Exponential Moving Averages (EMAs) clustered between roughly $72,000 and $75,000.  The slope of these EMAs remains positive, with the shorter-term 50-day EMA above the 100- and 200-day EMAs, suggesting the broader uptrend is intact despite recent consolidation. The Relative Strength Index (RSI) at about 64 stays in bullish territory but shy of overbought, while the Moving Average Convergence Divergence (MACD) has turned positive again, hinting that upside momentum is rebuilding after a prior cooling phase.  On the topside, initial resistance is seen at the horizontal barrier near $85,000, where a break would open the door to fresh highs.  Discover more  Access Premium News  Blockchain consulting services  Bitcoin mining hardware  On the downside, the 50-day EMA around $74,807 provides

09-21Industry

Hana Bank taps Euroclear blockchain for $100M bond issuance: Report

South Korea‘s Hana Bank has reportedly issued a five-year, $100 million digital bond using Euroclear’s blockchain-based platform.  On Monday, Yonhap News Agency reported that the bank used Euroclear‘s Digital Financial Market Infrastructure to issue the foreign-currency bond. The report described the transaction as the first digital bond issuance in South Korea to directly use Euroclear’s blockchain infrastructure.  According to Yonhap, the bonds issuance, registration and settlement were processed on a distributed ledger network. Using the technology for bond allocation and payment settlement reportedly shortened the process from three to five business days to the same day.  The bond also connects to Euroclears existing global settlement network, allowing investors to trade it through their existing accounts and trading systems, Yonhap reported.  Cointelegraph was unable to reach Hana Bank for comment, while Euroclear had not responded to Cointelegraphs request for comment before publication.  Euroclear launched its Digital Securities Issuance service in October 2023, settling a 100 million euro ($106 million at the time) digital bond issued by the World Banks lending arm, the International Bank for Reconstruction and Development. That three-year bond raised funds for sustainable development and was listed on the Luxembourg Stock Exchange.  Related: Euroclear makes first Asia investment with Marketnode stake

09-21Industry

Kalshi faces wash-trading claims over crypto volume

Kalshi has faced fresh wash-trading allegations after trader Beni cited roughly $538.6 million in 24-hour ETH-PERP volume against approximately $3.1 million in open interest, while the exchanges crypto lead disputed the claims and pointed to differences between prediction markets and perpetual futures.  SummaryKalshis September filing sets crypto perpetual takers at 0.3 basis points after applicable rebate adjustments.The same program rebates makers so eligible participants net 0.3 basis points on crypto perps.Kalshi excludes suspected wash trades, self-matching, and pre-arranged trades from receiving rebates under the program.Beni cited $538.6 million ETH perpetual volume against roughly $3.1 million open interest during questioning.Kalshis crypto lead denied fake-volume claims and said prediction markets have no crypto-specific rebate program.  Benis Sept. 20 thread on X argued that the reported ETH perpetual turnover appeared unusually large compared with open interest. He calculated the ratio at roughly 174 times and cited a Kalshi position leaderboard that he said showed its largest position at $17,598 at the time of his screenshots.  The figures in Beni‘s screenshots could not be independently reconstructed from Kalshi’s current public pages because trading data changes continuously. No CFTC enforcement action reviewed as of Sept. 21 has accused Kalshi of wash trading in its crypto perpetual markets. The

09-21Industry

Is Bitcoin's Bear Market Low In? A Signal Absent for 45 Weeks Returns

Bitcoin (BTC) has appreciated roughly 30% since August, and despite a volatile September, the largest cryptocurrency has stayed in the green for the month with gains of 3.33%.  Beyond those gains, Bitcoin has also flashed a key signal, suggesting the bear market lows for this cycle may be in.  Alex Thorn Says this Bitcoin Signal Has Confirmed Past Bottoms  That signal arrived on Sunday. Bitcoin posted its first weekly close above its 50-week moving average since November 2025. No weekly close had finished above that average in the 45 weeks since.  Alex Thorn, head of firmwide research at Galaxy, flagged the close and pointed to what it has meant in earlier cycles.  “Regaining the 50w MA has historically served as strong confirmation that bear market lows are in,” he said.  Follow us on X to get the latest news as it happens  Bitcoin Flashes a Key Signal For Bear Market Low. Source: X/Alex Thorn  Historical data provides some context for Thorns view. In a research note, the executive identified 13 instances in completed bear markets when Bitcoin crossed back above its 50-week moving average.  Only two of those instances were followed by another lower low, with both occurring during the 2021–2022 decline. More broadly, four of the five bear

09-21Industry

AI tests Asia-Pacific's digital infrastructure, green ambitions

HomepageNews  BusinessAI tests Asia-Pacifics digital infrastructure, green ambitions  TL;DR:AI is forcing Asia-Pacific to re-evaluate its digital infrastructure, but the region‘s challenge goes beyond powering the technology. As governments grapple with AI’s environmental footprint, new initiatives are exploring how it can help tackle planetary challenges while building local expertise and digital independence.  Artificial intelligence (AI) is challenging Asia-Pacific‘s digital infrastructure, prompting governments to rethink how the region will support AI’s growing demands and its increasing role in the digital economy in the years to come.  In its Asia-Pacific Digital Transformation Report 2026, the United Nations Economic and Social Commission for Asia and the Pacific (ESCAP) highlighted the broader integration of AI across the region, noting that APAC economies are facing growing demand for computing power, connectivity, and data capacity.  APAC is shaping up to be a hotbed for AI innovation in recent years, attracting numerous AI investments from tech giants, including Nvidia‘s (NASDAQ: NVDA) $150 billion annual investment in Taiwan, Samsung’s planned $1.5 billion semiconductor testing plant in Vietnam, and Microsofts (NASDAQ: MSFT) target $1.7 billion AI and cloud services development project in Indonesia.  While these are expected to bring massive benefits to the region and its people, including the potential to address issues that have long

09-21Industry

Uniswap founder says SBF paid seven figures for domain

Uniswap founder Hayden Adams has said Sam Bankman-Fried paid seven figures for Uniswap.com before Uniswap Labs secured the domain through a 2021 legal proceeding that found it had been used in bad faith.  In a Sept. 21 post on X, Adams said the original owners wanted a seven-figure payment for the domain, which his team declined. He claimed Bankman-Fried later paid that amount and redirected Uniswap.com toward a fork of the Uniswap protocol. Adams did not disclose the purchase price, transaction documents or identity of the seller in his post.  “I guess to flex / mess with us,” Adams wrote while discussing Bankman-Frieds possible motive. The phrasing was speculation by Adams, not a documented finding from the later domain proceeding.  Fun fact, the og owners of https://t.co/bRvDs5brca wanted 7 figures, but we refused to pay that amount  So SBF bought it (for 7 figures) and pointed it to a fork – I guess to flex / mess with us  A review of the official WIPO case record confirms several other parts of the account. Uniswap Labs filed a complaint over Uniswap.com in May 2021, and a three-member World Intellectual Property Organization panel ordered the domain transferred to the company on Sept. 3, 2021.  Uniswap.com redirected users

09-21Industry
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