Author: Jeremy Ryan

The U.S. labor market is showing signs of weakness. The Labor Department’s JOLTS report, released on the 29th of September, shows that U.S. job openings decreased to 7.079 million in August from a revised 7.335 million in July. The job-openings rate also slipped to 4.3% from 4.4%, while hiring increased slightly to 5.192 million. Quits were largely unchanged at 3.066 million, while layoffs and discharges decreased to 1.641 million.  In short, the labor market is cooling, with weaker demand for workers pointing to a gradual slowdown in employment conditions. As expected, this raises a key question for Bitcoin [BTC] and…

Bitcoin’s +40% rally in Q3 lifted the broader crypto market, triggering renewed appetite for altcoins. Now, according to Glassnode, altcoins’ spot volume has surged to 4x the size of Bitcoin, a yearly high. However, such setups can be risky for late altcoin investors chasing the uptrend.  Spot traders are turning to altcoins. Demand for higher risk like this has often lined up with local tops in $BTC. Source: Glassnode Interestingly, a similar setup for a BTC local top was printed in early and mid-2025 based on this altcoin signal.  In fact, the Futures market also echoed the prevailing strong interest…

Ethereum has been a clear outperformer of the Q3 cycle. According to CoinGlass data, ETH is on track to finish the Q3 with more than 70% ROI compared with Bitcoin’s 43%. That puts ETH’s quarterly returns more than 1.5x greater than those of Bitcoin. But the larger question is, can this outperformance continue in Q4, which has traditionally favored Bitcoin?  Since 2021, ETH has not once outperformed Bitcoin in Q4. So technically, this ETH/BTC chart does have even more significance. The ETH/BTC ratio is currently chopping around the 0.03 resistance, which is a level it has failed to reclaim since…

TL;DR BTCS says its Imperium DeFi unit has completed preparatory compliance steps for potential use of the SEC’s Covered Firm exemption. The company has submitted the required notice and published relevant disclosures. Imperium has not yet started providing tokenized-equity liquidity because a qualifying Tokenized Securities Venue must first become operational. BTCS is positioning its DeFi business to become a liquidity provider for tokenized stocks under a new SEC exemption, but it has not started doing the trading yet. The Nasdaq-listed company said on September 28 that its Imperium unit has completed the preparatory compliance work required for potential reliance on…

  Venice Token [VVV] slid to a low of $25.90 on the 29th of September, marking a 25% drop from its record peak of $34.60. Although the altcoin flashed a reversal sign (an incomplete hammer candlestick), an extra price decline and discount couldn’t be overruled. Should VVV crypto bulls wait a little longer? Following Bitcoin’s [BTC] cue and subsequent drop from $87K to $82K, the VVV crypto also faced a similar sell-off. The VVV crypto tripled in Q3, rising from $10 to $35, a whopping +230% gain between July lows and September peak. Although the brief Bitcoin pullback triggered VVV…

Stellar’s recovery is gaining strength as buyers are successfully defending multiple levels of support rather than waiting for a single sharp breakout. As Stellar [XLM] fell to $0.170 on the 9th of September, it formed several higher lows. Each time XLM attempted to extend into new territory, the corrections were large enough to create a higher base for the next advance. On the 14th of September, after the first break out at $0.198, the price pulled back slightly, and by the 15th of September, it had retreated to $0.177. Then buyers maintained control and continued to drive the price from…

The Federal Reserve’s stablecoin proposal would put a general two-business-day limit on redemption by issuers it supervises.For a customer holding stablecoins at an exchange, the first step is getting that venue to release or convert the balance. In a July 28 snapshot, researchers located $76 billion of stablecoins at centralized exchanges, where a customer may have to deal with the venue before reaching an issuer.Researchers at the Andersen Institute for Finance and Economics located that amount across 12 reserve-backed dollar stablecoins. They call the exchange figure a lower bound because some exchange wallets cannot be identified.Where the proposed clock startsThe…

TL;DR Soluna and Bitdeer have expanded their Project Kati 1 agreement by approximately 7 MW. Bitdeer’s total deployment at the wind-powered Texas site will rise to 35 MW and about 2.42 EH/s. The additional capacity is expected to be deployed by November and fully books the K1BC phase of the project. Soluna and Bitdeer are expanding a Bitcoin mining partnership before the original deployment has even finished. Soluna announced on September 28 that Bitdeer will add approximately 7 MW of mining equipment at Project Kati 1 in South Texas. The amendment increases Bitdeer’s total planned deployment at the site to…

The tokenized stock market is experiencing a rapid shift as fresh capital continues to enter the space. Avalanche [AVAX] generated $131.2 million over the past week, with all other networks lagging well behind. Securitize, which provided a $132 million boost in market capitalization and was responsible for nearly the entire increase, helped Avalanche take the lead. As such, this concentration suggests that the inflows reflect demand for a specific tokenized-stock product rather than a broad move into Avalanche-based equities. Source: X Meanwhile, Solana [SOL] captured $16 million, while X Layer saw $8.5 million, indicating some additional activity existed outside of…

The Numbers Currently, the market shows no specific price data for Base, reflecting a period of transition and anticipation surrounding the Cobalt initiative. While trading volume remains unreported, the excitement generated by the announcement hints at a potential increase in user activity. The mixed sentiment across the crypto market may also play a role in shaping trader engagement with Base as more details about Cobalt emerge. Base is a rapidly evolving platform designed to facilitate innovative solutions within the cryptocurrency space. As it continues to expand its offerings, regulatory and market dynamics will influence its growth trajectory. The Cobalt initiative…