Crypto Journalist

Anas Hassan

Crypto Journalist

Anas Hassan

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Anas is a crypto native journalist and SEO writer with over five years of writing experience covering blockchain, crypto, DeFi, and emerging tech.

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Last updated: 

September 15, 2025

HYPE price prediction scenarios reached new extremes as BitMEX co-founder Arthur Hayes projected the token could reach $5,000, building on his earlier forecast of 126x gains within three years.

His bold call coincides with Native Markets securing the USDH stablecoin ticker for Hyperliquid after defeating heavyweight competitors, including Paxos and Ethena.

Technical analysis reveals HYPE trading near $54 after completing what appears to be a major Elliott Wave cycle, with indicators suggesting potential retracement toward $25-$50 support levels before resuming its upward trajectory.

The platform’s dominance in perpetual futures markets and $1.2 billion annual revenue provide fundamental support for Hayes’ ambitious long-term targets.

Native Markets Triumph Fuels Stablecoin Integration Plans

Native Markets emerged victorious in Hyperliquid’s USDH stablecoin governance vote after weeks of intense competition.

The decision followed validator commitments, and the prediction market indicated that it heavily favored the team over established competitors.

Ethena withdrew from the race on Thursday, citing community concerns about non-native infrastructure requirements. The exit eliminated a major contender that initially appeared well-positioned for the partnership.

Paxos remained in contention despite revising its proposal midweek. The updated Version 2, which is no longer relevant, included deep PayPal and Venmo integration, zero-cost on- and off-ramps, and a $20 million incentive package.

Paxos also committed all USDH revenue to Hyperliquid growth until it reached a $1 billion TVL.

Additionally, the community has noted that Native Markets won due to its tight integration with Hyperliquid’s ecosystem.

Reserves in cash and U.S. Treasuries will be managed by BlackRock off-chain, while tokenized assets utilize Superstate and Stripe’s Bridge infrastructure.

The team pledged to split all reserve yield between Hyperliquid’s Assistance Fund and broader ecosystem development.

Backing from Uniswap Labs, Paradigm, and Polychain veterans further strengthened credibility among validators.

Elliott Wave Completion Indicates Major Retracement Risk

HYPE’s chart structure suggests completion of a major Elliott Wave 1 cycle around the current $54 levels.

The ending diagonal pattern exhibits corrective characteristics across each subwave, indicating potential exhaustion of the current bullish impulse.

Technical confluence points toward a significant retracement targeting the $25 region.

This level represents multiple support factors, including untapped volume nodes, the macro 0.382 Fibonacci retracement, and speed fan golden pocket alignment.

The ascending channel containing recent price action approaches the upper boundary resistance.

HYPE’s positioning near $53.42 suggests potential topping action despite maintaining bullish momentum characteristics throughout the advance.

Fair Value Gap identification provides substantial buying interest zones during any corrective moves.

These market inefficiencies typically act as price magnets during periods of volatility, where rapid movements leave gaps that require fills.

Alternative wave count scenarios involving nested 1-2 structures appear less probable given current market conditions.

However, decisive breaks above $61 could shift bias toward continued bullish interpretation rather than correction expectations.

FOMC Volatility Creates Strategic Entry Opportunities

Short-term analysis focuses on the Federal Reserve’s September 16-17 FOMC meeting, anticipating rate cuts that could catalyze broader market volatility.

Expectations center around 25 basis point cuts or potentially more aggressive monetary policy action.

Immediate resistance clusters near the 0.618 Fibonacci level at $56.22, with stronger resistance in the $57.50 zone.

These levels represent logical profit-taking areas for short-term traders and potential reversal points for broader corrections.

The support structure identifies key levels at $52.74, with deeper support around $49.88.

The alignment with $50 bid levels creates high-probability setups for both continuation and retracement scenarios based on Fibonacci retracement positioning.

Hayes’s $5,000 projection assumes an explosive expansion of the stablecoin market beyond $10 trillion, driving speculative trading demand.

Hyperliquid’s 60% perpetual futures market share and $1.2 billion annual revenue support long-term bullish scenarios despite near-term technical headwinds.

Is BTC Hyper the Next 100x Bitcoin Layer-2 Everyone’s Building?

While HYPE faces potential correction before reaching Hayes’s $5,000 target, this Bitcoin Layer-2 solution is gaining strong development momentum.

Smart investors know that finding scalability projects early can lead to massive returns during infrastructure upgrades.

BTC Hyper is getting attention because it makes Bitcoin faster and programmable using Solana technology.

The platform turns Bitcoin into a DeFi asset with smart contracts and instant transactions.

The presale has raised over $13 million, with the mainnet launch approaching. Early investors can earn over 150% staking rewards while the network prepares for full deployment.

Worth noting that the best Layer-2 projects get adopted quickly once developers start building applications.

BTC Hyper launches soon with audited smart contracts and cross-chain features. This means you should join now if you want presale access.

You can buy BTC Hyper tokens on the ongoing presale website using BTC, ETH, USDT, or credit cards.

Visit the Official Website Here

Ethereum co-founder Vitalik Buterin claims it is a “bad idea” to use artificial intelligence (AI) for governance. In an X post on Saturday, Buterin wrote:

“If you use an AI to allocate funding for contributions, people WILL put a jailbreak plus “gimme all the money” in as many places as they can.”

Why AI governance is flawed

Buterin’s post was a response to Eito Miyamura, co-founder and CEO of EdisonWatch, an AI data governance platchorm who revealed a fatal flaw in ChatGPT. In a post on Friday, Miyamura wrote that the addition of full support for MCP (Model Context Protocol) tools on ChatGPT has made the AI agent susceptible to exploitation.

The update, which came into effect on Wednesday, allows ChatGPT to connect and read data from several apps, including Gmail, Calendar, and Notion.

Miyamura noted that with just an email address, the update has made it possible to “exfiltrate all your private information.” Miscreants can gain access to your data in three simple steps, Miyamura explained:

First, the attackers send a malicious calendar invite with a jailbreak prompt to the intended victim. A jailbreak prompt refers to code that allows an attacker to remove restrictions and gain administrative access.

Miyamura noted that the victim does not have to accept the attacker’s malicious invite for the data leak to take place.

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The second step involves waiting for the intended victim to seek ChatGPT’s help to prepare for their day. Finally, once ChatGPT reads the jailbroken calendar invite, it gets compromised—the attacker can completely hijack the AI tool, make it search the victim’s private emails, and send the data to the attacker’s email.

Buterin’s alternative

Buterin suggests using the info finance approach to AI governance. The info finance approach consists of an open market where different developers can contribute their models. The market has a spot-check mechanism for such models, which can be triggered by anyone and evaluated by a human jury, Buterin wrote.

In a separate post, Buterin explained that the individual human jurors will be aided by large language models (LLMs).

According to Buterin, this type of ‘institution design’ approach is “inherently more robust.” This is because it offers model diversity in real time and creates incentives for both model developers and external speculators to police and correct for issues.

While many are excited at the prospect of having “AI as a governor,” Buterin warned:

“I think doing this is risky both for traditional AI safety reasons and for near-term “this will create a big value-destructive splat” reasons.”

Mentioned in this article

Per CryptoQuant’s second September weekly report, Ethereum’s latest uptrend from about $1,400 in April to a high near $5,000 has unfolded alongside heavier allocations in funds and whale accumulation, a pullback in exchange deposits, and activity peaks across transactions, addresses, and smart-contract calls.

Ethereum trades below a realized price band of $5,200 while fund holdings and on-chain use hit records.

The report frames the next phase around whether price can clear the realized price upper band that capped prior advances.

According to CryptoQuant, Ethereum fund holdings, driven largely by U.S. spot ETFs, have reached 6.7 million ETH, nearly double since April. Addresses holding 10,000 to 100,000 ETH added roughly 6 million ETH over the same period, with this cohort now at 20.6 million ETH, a new high.

The “smart money” share embedded in those balances means a material portion of demand is already in place, compressing the room for momentum to do the heavy lifting without fresh flows. The charts on page 2 of the report show both the fund-holding curve and cohort balances making new peaks.

Staking has climbed in parallel.

The total ETH staked stands at around 36.2 million, up by roughly 2.5 million ETH since May. The rising validator count reduces circulating supply and supports a tighter float, yet it also sequesters capital that would otherwise meet new demand if price drifts or volumes thin out.

That mix of lower float and higher commitment from validators helps explain why spot market pressure can ease even when price consolidates.

On-chain throughput has expanded. Total daily transactions peaked at about 1.7 million on August 16, and active addresses reached roughly 800,000 on August 5, both new highs, per the network dashboards. Smart-contract calls surpassed 12 million daily for the first time, marking the heaviest programmatic use of the base layer so far.

Elevated usage across DeFi, stablecoin transfers, and token activity builds fee revenue and reinforces the settlement-layer role that underpins ETH’s cash-flow and utility narratives. If activity cools, volatility often follows as price discovers the correct multiple on lower throughput.

Spot-side supply pressure has eased.

CryptoQuant’s exchange-inflow series shows deposits to centralized venues falling from roughly 1.8 million ETH in mid-August to about 750,000 ETH per day after the early-September price high.

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Fewer coins moving to exchanges typically line up with thinner realized selling, which aids stability during retests. Low inflows can also coincide with quieter order books, so prices can travel more on smaller trades if a catalyst lands.

The technical fulcrum is the realized price upper band near $5,200. CryptoQuant plots that level as the region that repelled advances in 2020–2021 and again in early 2024. ETH trades around $4,400 in the report window, so the market sits one step below a threshold with a track record of pausing uptrends.

Clearing that zone would shift trading into territory where realized holders, on average, sit deeper in profit, and where supply forces depend more on whether newer inflows outpace long-dated distribution.

The flow picture offers a simple checklist for the weeks ahead.

Fund holdings are already at a record, so incremental net creations matter more than absolute size. Whale cohorts hold over 20 million ETH, so net additions from this group carry outsized weight versus retail churn.

Staking is at 36 million ETH, so any acceleration or slowdown in validator deposits will change the liquid float at the margin. Exchange inflows are subdued compared with August, so watch whether that series stays compressed or reverts as price revisits prior highs. All four lines are visible across the report’s holdings, staking, network, and inflow charts.

For valuation context, CryptoQuant ties the April-to-September advance to a dual engine of institutional participation and on-chain throughput. That framing pairs the top-down demand capture of ETFs with bottom-up settlement use across DeFi and tokens.

It also leaves room for periods where activity outruns price or vice versa. In those phases, realized bands and exchange-flow gauges help separate consolidation from distribution, especially when positioning is already heavy among large holders.

The near-term setup, therefore, revolves around whether ETH holds its footing into a second attempt at the realized band, with funds, whales, staking, and activity providing most of the signal on whether the cycle keeps its pace or pauses.

According to the report, the realized price upper band near $5,200 remains the level in focus.

Belarus President Aleksandr Lukashenko pressed his government to introduce tougher regulation for the crypto industry, local media reported on Sept. 5.

According to the report, Lukashenko warned that lax oversight was undermining investor security and the state’s economic interests.

The President delivered the rebuke during a high-level government conference after a state audit found that about half of all citizen investments sent to foreign crypto platforms fail to return.

The inspection, carried out by the State Control Committee, also uncovered violations in how domestic platforms register financial operations.

Push for regulatory overhaul

The President said he had ordered a comprehensive framework for digital tokens and crypto as far back as 2023, but no binding legislation has reached his desk until now. The country has also initiated plans to create a central bank digital currency tied to the Russian ruble.

He criticized the government for allowing “digital life” to outpace the law, urging officials to finalize regulations that guarantee financial stability while protecting investors.

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Currently, digital asset activity in Belarus falls under the Hi-Tech Park, a special economic zone governed by Ordinance No. 8. The framework, introduced to foster the country’s IT sector, sets the legal foundation for token creation and trading.

Lukashenko acknowledged the framework but said it was insufficient and signalled that traditional state agencies would soon play a larger role in the sector’s oversight.

Balancing security and investment

The measures Lukashenko outlined focus on creating transparent rules for market participants, including safeguards that ensure funds remain within the country.

At the same time, he stressed the importance of allowing legitimate local businesses and foreign investors to continue operating in what he called Belarus’ “digital haven.”

The government has not yet released a timetable for when new regulations will be enacted, but Lukashenko’s ultimatum indicates that the crypto industry in Belarus is likely to face a sharp increase in state scrutiny in the months ahead.

The crypto market succumbed to a substantial amount of bear pressure that began on Thursday, August 28th, with most of the big assets falling to a new low on Friday, August 29th.

Naturally, the latest data suggests that this latest price drop, seen across the digital asset market, may have been predicted. This conclusion is based on recent cryptographic activity at Google, the world’s largest search engine.

Is Crypto Bull Cycle over?

In a post on August 29th on social media platform X, Alphractal founder and CEO Joao Wedson revealed that crypto-related searches on Google have been surged to new highs recently. This recent surge in Google searches suggests that Bitcoin and the broader crypto market may have reached a new local top, according to on-chain data experts.

Related readings

This revelation is based on the Google Trends chart. This allows investors to assess the social engagement of a variety of crypto-related topics on search engines. As shown in the chart below, metrics compare a variety of subjects, including cryptocurrencies, Bitcoin, altcoin, centralized exchange, and data aggregation platforms.

As observed in the highlighted chart, Google Trends metrics have recently witnessed a significant surge, suggesting an increase in public attention across multiple crypto topics. According to Wedson, this type of spike has historically coincided with whales entering the market to sell while “everyone is obsessed.”

Furthermore, cryptocurrency markets have often shown a trend in the past to move in the opposite direction of crowds. These trends explain the price drops seen by most digital assets in the past few days as the market appears to have reached the new local top.

However, Wedson pointed out that other on-chain signals say the market slump, led by the latest well-being, does not necessarily spell the end of the current bull cycle. “Look back to BTC hitting $124K. Euphoria peaked online, whales actively sold, and we’ve been shortened,” the founder of Alfractal added.

Wedson then advised investors to take caution when Euphoria hits the crypto market, as it could suggest that Euphoria is imminent from the local top. Analysts at Crypto said a better strategy is to exit the market wisely at a higher price and then re-enter at a cheaper rate.

The total crypto market capitalization is $3.7 trillion

At the time of writing, Crypto’s total market capitalization was just above $3.7 trillion, reflecting a nearly 4% decline over the past day. Over $142 billion has been released from the crypto market in the last 24 hours, according to TradingView data.

Related readings

ShutterStock featured images, TradingView charts

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Federal Reserve (Fed) Governor Michelle Bowman is urging US regulators to abandon their “overly cautious mind-set” regarding cryptocurrencies, blockchain technology, and artificial intelligence (AI). 

Speaking at the Wyoming Blockchain Symposium, Bowman emphasized the need for a proactive approach to adapt to emerging technologies, marking a departure from the more conservative stance of previous regulatory bodies.

Bowman Advocates For Flexible Oversight 

Bowman, who was nominated to the Federal Reserve Board by President Donald Trump in 2018 and appointed as Vice Chair for Supervision earlier this year, stated, “Despite this past inertia, change is coming.” 

She underscored the importance of choosing to embrace this change and creating a regulatory framework that is both reliable and efficient. “We must ensure safety and soundness while incorporating the benefits of speed and efficiency,” she asserted. 

The choice is clear from a regulator’s perspective: we can either stand still and let new technology bypass the traditional banking system or help shape its future.

A key topic in her address was the recently passed GENIUS Act, which regulates stablecoins. This legislation, signed into law by President Trump, has positioned stablecoins at the forefront of discussions about the future of the financial system. 

According to Bowman, dollar-pegged cryptocurrencies have the potential to disrupt traditional payment infrastructures while offering new opportunities for the banking sector.

In addition to discussing stablecoin regulation, Bowman revealed that she is working on plans to adjust banks’ regulatory commitments according to their size and complexity. 

Fed’s Discontinuation Of Crypto Oversight Program

The Federal Reserve also disclosed last week the discontinuation of its “novel activities” supervision program, which was designed to monitor banks’ interactions with the cryptocurrency and fintech sectors. 

This program, launched in 2023, faced criticism for imposing significant restrictions on banks engaging with digital assets. The Fed has determined that such specialized oversight is no longer necessary, citing an improved understanding of the risks involved and how banks can effectively manage these challenges.

As reported by Bitcoinist, the central bank’s move is part of a broader effort to align with President Donald Trump’s vision of making America the “crypto capital of the world.” 

By incorporating digital asset oversight into its conventional bank supervision framework, the Federal Reserve aims to foster an environment that supports innovation in the financial sector.

Speculation about Bowman’s future role has also emerged, with her name mentioned as a potential successor to current Fed Chair Jerome Powell when his term concludes in May 2026. However, during a recent Bloomberg interview, she deflected questions about her aspirations for that position.

Governor Bowman’s remarks and the regulatory changes she advocates reflect a pivotal moment for the US financial landscape, as regulators seek to balance innovation with the need for safety and stability in the banking system.

Featured image from DALL-E, chart from TradingView.com 

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The US Treasury Department has launched a request for public comments aimed at combating illicit activities associated with dollar-pegged cryptocurrencies, stablecoins. 

This initiative follows the recent passage of the GENIUS Act, a comprehensive piece of legislation designed to provide a regulatory framework for the stablecoin market issuers such as Tether (USDT) and Circle (USDC) in the United States.

The request aligns with the President Donald Trump’s Administration and broader policy to promote the growth of digital assets, as outlined in Executive Order 14178, which emphasizes strengthening American leadership in digital financial technology. 

Treasury Focuses On APIs, AI, And Blockchain

The Treasury’s call for public input is a direct requirement of the recently signed into law GENIUS Act, which mandates the Department to explore innovative methods for detecting illicit activities in the digital asset space.

The Treasury is particularly interested in gathering feedback on a range of technologies that could enhance the ability of regulated financial institutions to identify and mitigate risks associated with these digital assets. 

Among the specific areas of focus are application program interfaces (APIs), artificial intelligence (AI), digital identity verification, and blockchain monitoring. 

These tools are considered essential in advancing the fight against illicit finance, although they may also pose new challenges and resource burdens for financial institutions.

In line with the GENIUS Act’s objectives, the public comments will inform research regarding the effectiveness and costs of these technologies, as well as considerations related to privacy and cybersecurity. 

The Treasury Department encourages individuals and organizations to submit their insights within 60 days, with a deadline set for October 17.

Crypto Stablecoin Regulations

The GENIUS Act, signed into law by President Trump, establishes a regulatory environment for payment crypto stablecoin issuers, emphasizing consumer protection and enhancing the US dollar’s status as a global reserve currency. 

It includes provisions for strong reserve requirements and aims to align state and federal frameworks governing stablecoins. Additionally, it mandates that payment stablecoin issuers adhere to federal laws applicable to financial institutions related to economic sanctions, anti-money laundering, and customer identification.

As part of its mandate under the GENIUS Act, the Treasury will conduct research based on public comments and will subsequently issue reports and guidance aimed at enhancing the detection of illicit activities. 

The Treasury has highlighted the importance of APIs, which serve as access points for different software applications, enabling them to communicate and share data efficiently. 

This can enhance transaction monitoring and compliance with anti-money laundering (AML) regulations. AI is also prioritized as a key innovation, enabling financial institutions to analyze vast amounts of data and identify patterns indicative of illicit finance.

Digital identity verification tools are gaining traction in the digital asset sector, helping to establish and confirm the identities of users in a secure manner. The Department highlights that these tools can facilitate compliance with AML requirements while also maximizing user privacy. 

Lastly, the focus also extends to the use of blockchain technology and monitoring allows for the tracking and analysis of transactions on public ledgers, providing valuable insights into potentially crypto illicit activities.

Featured image from DALL-E, chart from TradingView.com 

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.

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Julia Smith

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Julia Smith

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Julia is an experienced editor with a passion for covering a wide variety of beats. She loves all things politics and regularly covers regulatory updates on emerging technology here for Crypto News.

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Last updated: 

August 18, 2025

The U.S. Treasury is calling on the public to provide feedback required by the GENIUS Act on how the government could help prevent “illicit finance risks” tied to digital assets, per a Monday press release from the government department.

U.S. Treasury Puts The GENIUS Act In Action

According to the August 18 notice, the U.S. Treasury is seeking comment from interested members of the public at large on how financial institutions can push back on unlawful crypto use.

“This request for comment offers the opportunity for interested individuals and organizations to provide feedback on innovative or novel methods, techniques, or strategies that regulated financial institutions use, or could potentially use, to detect illicit activity involving digital assets,” the U.S. Treasury states.

“As required by the GENIUS Act, Treasury will use public comments to inform research on the effectiveness, costs, privacy and cybersecurity risks, and other considerations related to these tools,” the press release continues.

Scott Bessent Shares His Take In New Statement

Following news of the request for comment, U.S. Treasury Secretary Scott Bessent praised implementing the GENIUS Act as “essential” to “securing American leadership in digital assets.”

“Stablecoins will expand dollar access for billions across the globe and lead to a surge in demand for U.S. Treasuries, which back stablecoins,” Bessent said.

“It’s a win-win-win for everyone involved: stablecoin users, stablecoin issuers, and the U.S. Treasury Department,” he added.

U.S. President Donald Trump signed the crypto legislation into law last month, much to the appeasement of key players in the blockchain sector.

“Let me say, the entire crypto community, for years you were mocked and dismissed and counted out,” the president continued. “You were counted out as little as a year and a half ago—but this signing is a massive validation.”

The move reinforces that the GENIUS Act isn’t just symbolic — it’s now becoming the framework for America’s digital asset strategy.