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10 10, 2025

ING Bank releases updated oil and gas price forecasts through 2028

By |2025-10-10T16:47:48+03:00October 10, 2025|Forex News, News|0 Comments


ING Bank releases updated oil and gas price forecasts through 2028




Nazrin Abdul

The Netherlands-based banking group ING has published updated forecasts for the prices of Brent Crude oil and Dutch TTF natural gas through 2028.

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10 10, 2025

Euro recovery could remain shallow

By |2025-10-10T16:45:06+03:00October 10, 2025|Forex News, News|0 Comments

EUR/USD lost more than 0.5% on Thursday and closed the fourth-consecutive day in negative territory. Although the pair edges higher in the European session on Friday, it shows no signs of a decisive recovery yet.

Euro Price This week

The table below shows the percentage change of Euro (EUR) against listed major currencies this week. Euro was the weakest against the US Dollar.

USD EUR GBP JPY CAD AUD NZD CHF
USD 1.27% 1.09% 2.17% 0.44% 0.48% 1.12% 1.13%
EUR -1.27% -0.28% 0.81% -0.86% -0.82% -0.19% -0.17%
GBP -1.09% 0.28% 1.20% -0.57% -0.54% 0.10% 0.11%
JPY -2.17% -0.81% -1.20% -1.64% -1.70% -1.09% -1.06%
CAD -0.44% 0.86% 0.57% 1.64% 0.08% 0.68% 0.69%
AUD -0.48% 0.82% 0.54% 1.70% -0.08% 0.65% 0.65%
NZD -1.12% 0.19% -0.10% 1.09% -0.68% -0.65% 0.00%
CHF -1.13% 0.17% -0.11% 1.06% -0.69% -0.65% -0.01%

The heat map shows percentage changes of major currencies against each other. The base currency is picked from the left column, while the quote currency is picked from the top row. For example, if you pick the Euro from the left column and move along the horizontal line to the US Dollar, the percentage change displayed in the box will represent EUR (base)/USD (quote).

The persistent US Dollar (USD) strength forced EUR/USD to stay on the back foot on Thursday. Meanwhile, the Euro continues to have a difficult time attracting investors amid the ongoing political drama in France.

Nevertheless, European Central Bank (ECB) policymakers’ cautious comments on policy easing seems to be helping EUR/USD holds its ground. ECB policymaker Martins Kazaks said on Friday that it is appropriate for the key ECB rate to remain at 2%, while Governing Council member Jose Luis Escriva noted that inflation remains contained, adding negative risks to growth have not materialized.

In the second half of the day, the University of Michigan will publish the preliminary Consumer Sentiment Index data for October. In case there is a significant improvement in consumer confidence, the USD could gather strength heading into the weekend and weigh on the pair. Investors will also pay close attention to the 1-year Consumer Inflation Expectations component of the survey. A noticeable decline in this data could hurt the USD and help EUR/USD stretch higher.

EUR/USD Technical Analysis

The Relative Strength Index (RSI) indicator on the 4-hour chart remains below 40, suggesting that the latest recovery attempt is a technical correction, with the bearish bias staying unchanged. Moreover, EUR/USD trades well below the 100-day Simple Moving Average (SMA), after posting its first daily close below this level since February.

In case EUR/USD stays below 1.1580 (Fibonacci 61.8% retracement of the latest uptrend), technical sellers could remain interested. In this scenario, 1.1550 (static level) could be seen as an interim support level before 1.1500 (round level, Fibonacci 78.6% retracement). Looking north, resistance levels could be spotted at 1.1630-1.1640 (100-day SMA, Fibonacci 50% retracement) and 1.1700-1.1715 (Fibonacci 38.2% retracement, 200-period SMA).

Euro FAQs

The Euro is the currency for the 19 European Union countries that belong to the Eurozone. It is the second most heavily traded currency in the world behind the US Dollar. In 2022, it accounted for 31% of all foreign exchange transactions, with an average daily turnover of over $2.2 trillion a day.
EUR/USD is the most heavily traded currency pair in the world, accounting for an estimated 30% off all transactions, followed by EUR/JPY (4%), EUR/GBP (3%) and EUR/AUD (2%).

The European Central Bank (ECB) in Frankfurt, Germany, is the reserve bank for the Eurozone. The ECB sets interest rates and manages monetary policy.
The ECB’s primary mandate is to maintain price stability, which means either controlling inflation or stimulating growth. Its primary tool is the raising or lowering of interest rates. Relatively high interest rates – or the expectation of higher rates – will usually benefit the Euro and vice versa.
The ECB Governing Council makes monetary policy decisions at meetings held eight times a year. Decisions are made by heads of the Eurozone national banks and six permanent members, including the President of the ECB, Christine Lagarde.

Eurozone inflation data, measured by the Harmonized Index of Consumer Prices (HICP), is an important econometric for the Euro. If inflation rises more than expected, especially if above the ECB’s 2% target, it obliges the ECB to raise interest rates to bring it back under control.
Relatively high interest rates compared to its counterparts will usually benefit the Euro, as it makes the region more attractive as a place for global investors to park their money.

Data releases gauge the health of the economy and can impact on the Euro. Indicators such as GDP, Manufacturing and Services PMIs, employment, and consumer sentiment surveys can all influence the direction of the single currency.
A strong economy is good for the Euro. Not only does it attract more foreign investment but it may encourage the ECB to put up interest rates, which will directly strengthen the Euro. Otherwise, if economic data is weak, the Euro is likely to fall.
Economic data for the four largest economies in the euro area (Germany, France, Italy and Spain) are especially significant, as they account for 75% of the Eurozone’s economy.

Another significant data release for the Euro is the Trade Balance. This indicator measures the difference between what a country earns from its exports and what it spends on imports over a given period.
If a country produces highly sought after exports then its currency will gain in value purely from the extra demand created from foreign buyers seeking to purchase these goods. Therefore, a positive net Trade Balance strengthens a currency and vice versa for a negative balance.

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10 10, 2025

At the intersection of nutrition and health in the GLP-1 era

By |2025-10-10T16:43:46+03:00October 10, 2025|Dietary Supplements News, News|0 Comments


GLP-1 receptor agonist medications are transforming the food and health landscape with their ability to combat the obesity epidemic and change people’s relationship with food. The Innovation Institute for Food and Health’s (IIF) recent Discovery Forum explored how the science behind metabolic hormones can inspire a new wave of innovation in food for health.

Nutrition Insight attended the event from the University of California (UC) Davis, US, institute.

“We are at an incredible moment,” says Justin Siegel, Ph.D., IIFH faculty director. “It seems to me that this trend of using satiety-based drugs is starting to affect nearly every element of American — and worldwide — life.”

He says there has been a “tectonic shift” in human health. “In 1990, you could not find a single state in the US with an average body mass index (BMI) of over 25. In 2020, no state had an average BMI under that.”

“This isn’t just happening in the US; it’s global,” he underscores. “In 1990, hunger was the world’s biggest health issue. Hunger is still an issue in many places, but the global burden of human health is now obesity.”

The Panel discussion at Discovery Forum.

Panel discussion with Justin Siegel, Sean Adams, Bethany Cummings, Kat Cole, and Mohamed Ali.

According to Siegel, over the last 100 years, the medical system has focused on developing drugs to treat the consequences of “abusing our food system,” such as medication for blood pressure management or blood sugar control. Today, he says GLP-1 drugs help “blunt the cause” by helping to curb cravings.

“This is the first time in humanity that we’ve had tools to help change our relationship with food.”

He notes these people using these medications represent one of the most significant food accommodation needs, with 15 million Americans using them, and another 50% of adults being eligible for these medications.

“We’re looking at a future where we know that for a minimum of 5–6% of the population, and potentially half the population of the US, their relationship with food is changing,” he highlights.

“Just as the food system has moved to accommodate and adopt every other major dietary need, like kosher, low-sodium, keto, and gluten-free, we need to think about adapting the food system to the needs and desires of people using these drugs.”

Natural hormones versus drugs

Sean Adams, Ph.D., professor and vice chair for Basic Research at the UC Davis School of Medicine, explains that the gastrointestinal (GI) tract is a major endocrine organ, with many cells secreting hormones relevant to food intake, regulation, energy expenditure, gastric emptying, and GI motility.

After a meal, different types of nutrients and metabolites can trigger these cells to produce hormones like GLP-1, peptide YY, GIP (gastric inhibitory polypeptide), and cholecystokinin. Meanwhile, the hormone ghrelin, released by the stomach, is reduced after eating.

Natural GLP-1 hormones can be degraded rapidly by an enzyme called DPP-4 (dipeptidyl peptidase-4). Adams explains that this prompted the creation of drugs like semaglutide, which are protected from DPP-4 degradation by manipulating the amino acids and adding a fatty acid.

“As a result, the pharmacokinetic profile of these drugs shows much higher concentrations of GLP-1 in the blood, for days on end. That’s why they work so well, they’re always there.”

“The concentration is about 1,000-fold higher than what we see from the natural hormone,” he adds.Justin Siegel's presentation at the Discovery Forum.Siegel points to research findings that from 1990 to 2020, the average BMI in all US states increased drastically.  

Adams says the variability in people’s drug response, in concentration and duration, also needs to be considered. “Maybe when people first inject the drug, they need different nutrition than when these drugs fade away in the bloodstream.”

“This could be a major consideration when designing functional foods, either intended to trigger natural GLP-1 release or considering the timing and types of nutritional interventions, that may matter just as much as anything else.”

New GLP-1 discoveries

Bethany Cummings, Ph.D., a professor at the UC Davis School of Medicine, explains that the GLP-1 hormone is secreted from specialized cells within the gut in response to eating a meal.

“GLP-1 has several actions: it increases insulin secretion, slows gastric emptying through the gut, and acts on the brain to reduce appetite. GLP-1 also has cardio-protective effects and indirectly improves insulin sensitivity throughout the body.”

“One of the most well-studied effects of GLP-1 is its incretin effect,” she explains. “It potentiates glucose-stimulated insulin secretion from pancreatic islets, meaning that GLP-1 helps release insulin in response to meals. This effect accounts for up to 70% of our insulin secretion. The other main incretin hormone is GIP, produced by the gut, which is also of interest in pharmacology.”

Cummings notes that an emerging concept in GLP-1 physiology that her lab has worked on is that GLP-1 can be produced outside of the gut, such as pancreatic alpha cells.

“Classically, alpha cells produce glucagon, which raises blood glucose levels. However, there is a way to shift the alpha cell hormone production to produce GLP-1 instead. Essentially, this means there is a way to shift these cells from promoting diabetes to treating it. This is another potential target for these medications in the future.”

Additionally, she says more effective GLP-1 receptor agonists are being developed, including those that combine multiple agonists, which seem to provide even better results. “For example, tirzepatide activates both GLP-1 and GIP receptors, and early data suggest it may be more effective for weight loss than GLP-1 agonists alone.”

Addressing side effects

Mohamed Ali, professor and chief of Foregut of Metabolic and General Surgery at UC Davis Health, says that as a bariatric surgeon, he has seen its profound effects on patients regarding weight loss and diabetes remission.

He highlights that bariatric surgery provides a durable 25–30% weight loss. “It’s reasonable to think of this as the benchmark of all the tools we have today.”

Woman unsure what to take from the fridge.The experts highlight the importance of nutritional support for people on GLP-1 medications, as they typically eat less and need to prioritize diet quality.“When you look at semaglutide as the medication we’re using a lot clinically, the data are really good, with patients who clearly, in excellent studies, demonstrate weight loss.”

However, these first-generation drugs are also linked to many side effects, such as GI intolerance, intestinal obstruction, lean mass loss, sarcopenia, vitamin deficiencies, and psychiatric concerns. Durability is also important in this conversation, as discontinuation of the medication results in rapid wave recurrence.

“Obesity is a chronic disease,” he stresses. “If you have a chronic disease, you should never stop treating it. Whatever medication you have, anytime you stop it, the disease comes back. But the problem is, most of the patients are not able to continue their medications.”

Nutritional support is crucial to address these issues. “When your volume is limited, the content you use for that volume becomes critical.”

Ali explains that preparation for bariatric surgery is comprehensive. Patients are evaluated by psychologists, attend nutrition classes, and meet with dietitians.

However, most GLP-1 prescriptions don’t come from comprehensive programs. Outside of specialized centers, doctors often recommend that patients take these medications if their insurance covers them.

Power of nutrition

Nutrient gaps endemic to modern society can worsen with appetite-suppressing drugs if the right dietary action isn’t taken. Kat Cole, CEO at AG1, says that the company’s supplement formulation is based on a lack of access and absorption of nutrients, acknowledging how the modern diet is not as nutrient-dense as it once was. “That was before we had a pharmacological intervention that would have us eat less and less.”

“People on these medications have less access to nutrients, and they’re experiencing GI distress more often. There is an even greater case for high-quality, nutrient-dense supplementation and gut health support, but in a format that people will adhere to.”AG1's supplement mix.Cole says that AG1’s all-in-one supplement powder mix combines micro- and phytonutrients, whole foods, and biotics as foundational nutrition.

Cummings agrees that nutrition should be the first defense for treating diseases like obesity. “When incorporating pharmacology, we should also be thinking about how we can adjust nutrition to support weight loss.”

Moreover, she cautions that GLP-1 production in the body is impaired by obesity. “These drugs are doing good work, but there’s still room to work within our own bodies and endogenous systems that would hopefully have fewer side effects and better adherence. The amplification of that internal system is going to come down to nutrition.”

Cole highlights three ways to help achieve this: boosting agriculture to produce more nutrient-dense foods, educating people to ingrain healthy habits, and promoting healthy lifestyles that people can adhere to.

“I want to see us continue the research in those areas of nutrition and lifestyle that are complementary to GLP-1, but may also prevent some of the terrible health outcomes that are decades in the making for the future.”



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10 10, 2025

Solana Price Prediction: SOL Could Top $500 In Q4 But Only If These Two Things Happen

By |2025-10-10T16:16:01+03:00October 10, 2025|Crypto News, News|0 Comments

The latest Solana price prediction has the crypto market buzzing, with analysts hinting that SOL could smash through $500 before year-end. Yet, while Solana’s path depends on institutional inflows and ETF approval, one token is already surging ahead — Remittix. The PayFi powerhouse has raised over $27.2 million through the sale of more than 677 million tokens at $0.1130 each, and experts believe it could outshine most top altcoins in Q4 thanks to its real-world financial use and massive growth potential.

Solana Price Prediction: Two Key Triggers Could Push SOL To $500Solana Price Prediction: SOL Could Top 0 In Q4 But Only If These Two Things Happen

Source: Lark Davis

SOL, the native token of Solana, trades near $221 as traders watch for two catalysts that could define the quarter. First, institutional accumulation is heating up, with Helius, which is now known as Solana Company, is planning to acquire over 5% of the total supply and list publicly in Hong Kong. Backing from heavyweights like Pantera Capital the Solana Foundation signals major confidence in long-term value.

The second factor boosting the Solana price prediction is ETF optimism. Filings from Fidelity and VanEck could lead to spot ETF approval, a move that would open the doors for large-scale institutional investment. If Solana clears resistance around $301 with strong volume, analysts believe a parabolic run toward $425 and potentially $500 could follow. Still, traders are urged to watch market reactions as ETF rulings approach.

Remittix: The Viral PayFi Token That Could Redefine Global Payments

As Solana fights for another breakout, Remittix is gaining recognition as the crypto world’s next major disruptor. This PayFi project combines DeFi innovation with real financial access, letting users send crypto straight to bank accounts in 30+ countries. It’s a direct challenge to outdated payment systems and a clear signal that Remittix is more than just another token — it’s building the bridge between blockchain and global banking.

Here’s why Remittix could be the best crypto with real utility right now:

  • Over $27.3 million raised and 677 million tokens sold at $0.1130 each
  • $250,000 community giveaway campaign is active, boosting community participation
  • Beta wallet live with instant global crypto-to-bank transfers
  • Ranked #1 on CertiK’s Pre-Launch leaderboard for verified projects
  • 15% USDT referral rewards paid daily to active participants
  • Built-in FX engine delivers transparent, real-time conversion rates

Why Remittix Could Outpace Solana In 2025

While the Solana price prediction remains bullish, the narrative is shifting. Investors are beginning to see that Remittix offers what many tokens only promise — speed, utility, and global reach. Its PayFi model positions it at the center of a trillion-dollar remittance market. If adoption continues at its current pace, analysts believe this could be the next 100x crypto before 2026.

Discover the future of PayFi with Remittix by checking out their project here:

Website: https://remittix.io/

Socials: https://linktr.ee/remittix

$250K Giveaway: https://gleam.io/competitions/nz84L-250000-remittix-giveaway

Disclaimer: This is a paid post and should not be treated as news/advice. LiveBitcoinNews is not responsible for any loss or damage resulting from the content, products, or services referenced in this press release.

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10 10, 2025

Ripple CTO Makes Rare Addition to His $190,000 XRP NFT Collection

By |2025-10-10T14:48:11+03:00October 10, 2025|News, NFT News|0 Comments


A one-of-one NFT was recently created on the XRP Ledger by an artist known as Dale Forward. Listed on XRP Café, the digital artwork depicts what it feels like to pet a dog. As the artist himself describes it, “It’s like love is coming out into you and the dog.”

While the piece is wholesome on its own, what drew more attention was how quickly this 1/1 item was sold — and, ultimately, who bought it.

Thanks to the reach of social networks, less than two hours later one of the original architects of XRP Ledger and Ripple CTO, David Schwartz, announced that he had acquired the NFT, titled Pats. 

Schwartz is no stranger to the digital art space, particularly the XRPL ecosystem. The address believed to belong to him — rHzWtXTBrArrGoLDixQAgcSD2dBisM19fF — currently holds 146 NFTs from 117 collections, valued at 64,265 XRP, or roughly $190,000 at current rates.

His wallet history often reveals bids on niche series that have never gained broad traction but still represent the early stages of XRPL art culture.

Ending 14-month collecting pause

As for this latest purchase, Schwartz bought Pats for 30 XRP, about $90 at the time, though its value is likely much higher now as part of Ripple CTO’s collection.

Notably, this marks his first XRP NFT acquisition since August 2023, when he purchased Space Mermaid #335 for 120 XRP. Amusingly, despite being more expensive in XRP, the dollar value of that earlier buy was just $72.

Who knows? Maybe Schwartz showing interest in NFTs again is sort of a signal that this once booming segment of crypto is on the verge of a revival. Or maybe it was just a momentary effort to support a fellow XRP enthusiast.





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10 10, 2025

Copper price hits the target– Forecast today – 10-10-2025

By |2025-10-10T14:46:51+03:00October 10, 2025|Forex News, News|0 Comments


The (ETHUSD) price rose in its last trading on the intraday basis, after its leaning on the support level of $4,275, gaining some bullish momentum that helped it to achieve these gains, this support was our suggested target in our previous analysis, to attempt to recover some of the previous losses, attempting to offload some of its clear oversold conditions on the relative strength indicators, especially with the emergence of the positive signals from there, amid the dominance of bearish corrective wave on the short-term basis, with the continuation of the negative pressure due to its trading below EMA50, which reduces the chances of the price recovery on the near-term basis.

 

 

 

VIP Trading Signals Performance by BestTradingSignal.com (Sept 29 – Oct 3, 2025)


 

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10 10, 2025

The GBPJPY achieves the corrective targets– Forecast today – 10-10-2025

By |2025-10-10T14:43:59+03:00October 10, 2025|Forex News, News|0 Comments

The (ETHUSD) price rose in its last trading on the intraday basis, after its leaning on the support level of $4,275, gaining some bullish momentum that helped it to achieve these gains, this support was our suggested target in our previous analysis, to attempt to recover some of the previous losses, attempting to offload some of its clear oversold conditions on the relative strength indicators, especially with the emergence of the positive signals from there, amid the dominance of bearish corrective wave on the short-term basis, with the continuation of the negative pressure due to its trading below EMA50, which reduces the chances of the price recovery on the near-term basis.

 

 

 

VIP Trading Signals Performance by BestTradingSignal.com (Sept 29 – Oct 3, 2025)


 

Get high-accuracy trading signals delivered directly to your Telegram. Subscribe to specialized packages tailored for the world’s top markets:


 

 

Full VIP signals performance report for Sept 29 – Oct 3, 2025:

  View Full Performance Report


 



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10 10, 2025

Green Tea, Coffee, and More: Expert Reveals Drinks That Protect Against Cancer

By |2025-10-10T14:42:55+03:00October 10, 2025|Dietary Supplements News, News|0 Comments


Daily intake of certain drinks has the potential to decrease your cancer risk. Dr. Saurabh Sethi, AIIMS- and Harvard University-trained, recently posted on social media about some of the drinks that are not only tasty but also health-positive for long-term health. Adding these drinks to your daily life can be as simple as it gets for prevention and good health.

Green Tea Benefits

Green tea contains high levels of antioxidants, which can lower the risk of breast cancer by 20-30%. Its daily consumption keeps the cells healthy and insulates them against DNA damage. Dr. Sethi suggests consuming 1-2 cups of coffee every day as part of an overall healthy diet.

Coffee power

Coffee is not only an energy booster, but it can also reduce the risk of liver cancer by approximately 15%. The polyphenols and bioactive compounds in coffee support liver health and detoxification. Drinking coffee in moderation daily can contribute to long-term health.

Hydration with water

Dr. Sethi says that drinking plenty of water is essential for health. Drinking plain water can also reduce the risk of bladder cancer. Water helps flush out impurities and toxins from the body and keeps the urinary system healthy. It’s a good idea to make it a habit to drink at least 2 to 3 liters of water daily.

Turmeric milk

Turmeric milk is rich in curcumin, which can reduce DNA damage and strengthen the immune system. Daily consumption can protect cells from oxidative stress. Dr. Sethi recommends it as a relaxing daily drink, especially before bed.

Pomegranates and berries

Pomegranate juice may help slow the progression of prostate cancer in patients with the disease, while berry smoothies (such as those containing blueberries or strawberries) may reduce the risk of esophageal and colon cancer. They are both antioxidant- and polyphenol-rich, assisting in keeping body cells healthy. A combination of both is wonderful as it tastes great and is good for health.

Lemon and herbal tea

Lemon juice, as a result of its antioxidant and vitamin C content, can lower stomach and esophageal cancer by 10-15%. Chamomile, ginger, and peppermint herbal teas also lower gastric and colorectal cancer. Consumption of these beverages on a regular basis can ensure digestive health.

Daily Health Tips

Adding these 8 drinks into your daily life can be a simple and effective way to remain healthy in the long term. From green tea to herbal beverages, each drink helps the body in its own special way. As Dr. Saurabh Sethi says, these drinks can be a valuable part of a healthy lifestyle and improve your overall health.





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10 10, 2025

Hydra Node 1.0 Launch Sparks Fresh Optimism

By |2025-10-10T14:14:56+03:00October 10, 2025|Crypto News, News|0 Comments

  • Cardano price consolidates above $0.80, holding trendline support inside a symmetrical triangle.
  • Hydra Node 1.0 launch sparks scaling optimism with TPS exceeding 1 million in testing.
  • Coinglass shows $1.41M outflows, signaling light accumulation but no strong institutional push yet.

Cardano price today is trading near $0.815, consolidating just above the $0.80 ascending trendline support after a volatile week. Sellers tested the lower triangle boundary multiple times, but buyers have managed to hold this key zone as sentiment steadies around the Hydra upgrade.

Cardano Price Compresses Within Symmetrical Triangle

ADA Price Dynamics (Source: TradingView)

The 4-hour chart shows ADA trading inside a symmetrical triangle pattern, with lower support anchored near $0.80 and resistance forming around $0.839. The 20- and 50-EMAs are clustering at $0.824 and $0.832, cr…

Read The Full Article Cardano Price Prediction: Hydra Node 1.0 Launch Sparks Fresh Optimism On Coin Edition.

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10 10, 2025

What Happened in Crypto Market Today: DeFi Rules Hit Prices

By |2025-10-10T12:46:57+03:00October 10, 2025|News, NFT News|0 Comments


Bitcoin Dominance Rises as Crypto Market Faces DeFi Crackdown

The crypto market recorded a 1.01% decline over the past 24 hours, mirroring a 0.47% weekly drop while maintaining a 6.65% gain for the month. The brief setback follows strong recent advances, with traders engaging in profit-taking as risk appetite cooled. Analysts also imply that ETF outflows and a strong connection with crashing equity markets were factors that led to the recent downturn.

Crypto Market Extends Minor Pullback Amid Broader Risk-Off Shift

Bitcoin’s dominance increased to 58.57%, reflecting a rotation from altcoins to the leading digital asset as investors sought relative stability. 

At the same time, Ethereum ETFs recorded net outflows of 8.7 million, which is an indication of bearish institutional investor positioning.

The crypto market has also been following the performance of the traditional stocks, keeping it at 0.83 with the S&P 500, where the two industries were reacting to a wider market slump. 

Bitcoin was able to hold its support of up to $121k, and this is indicative of further consolidation following a tremendous upwards trend over the last several weeks. Ether, which fluctuated to close to $4,300, moved downwards after a slight market downturn.

Today in the Crypto Market: U.S. DeFi Crackdown Sparks Backlash, Roger Ver Settles Tax Case, Luxembourg Fund Buys Bitcoin ETFs

Democrats Face Backlash Over Proposed DeFi Restrictions

Today in the crypto market, a group of Democratic senators has been attacked after introducing new policies that aim to regulate decentralized finance (DeFi). Their proposal would permit the U.S. Treasury Department to put risky DeFi protocols on a limited list, and it may be criminalized to use them. The proposal also consists of the severe Know Your Customer (KYC) policies of crypto applications and non-custodial wallets, as well as decreasing the legal safeguards of developers.

The industry leaders believe that the proposal would choke DeFi innovation in the United States. Summer Mersinger, the CEO of Blockchain Association, said that it would not be possible to adhere to such restrictions and would make crypto innovators leave the country and go abroad.

Crypto attorney Jake Chervinsky commented that the proposal would kill the gains achieved in the direction of a bipartisan cryptocurrency framework, which he called a de facto cryptocurrency ban. The proposed actions will also jeopardize the gains made on the CLARITY Act that sailed through the House earlier this year on a solid, bipartisan vote.

According to critics, rather than making the regulatory environment better, the proposal would drive honest projects in the country away and kill investor confidence. It is viewed by many in the cryptomarket as a political gambit, and no longer as a viable policy tool.

Luxembourg’s Sovereign Fund Enters the Bitcoin Market

Meanwhile, the Luxembourg sovereign wealth fund is entering the Bitcoin exchange-traded funds (ETFs) market in Europe. In July 2025, Intergenerational Sovereign Wealth Fund (FSIL) invested $9 million in Bitcoin ETFs under a new investment policy approved by the fund.

Treasury Director Bob Kieffer termed the move as an appreciation of the growing maturity of Bitcoin as a financial instrument. The investment will focus on the balancing of innovation and responsible exposure to digital assets. The move by Luxembourg renders it among the initial European governments to reap indirect exposure to Bitcoin through regulated ETFs.

The events of this week highlight the fact that the global cryptomarket is increasingly divided, with regulatory pressure in the United States opposing the rise in institutionalization in Europe.



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