Dogecoin (DOGE) is trading around $0.249, pressing against the upper end of a six-week range between $0.22 and $0.25. Technical indicators now hint at a potential rally, with the meme coin attracting renewed attention from investors.

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The 20-day EMA near $0.225, alongside the 50-day, 100-day, and 200-day averages clustered below $0.220, highlight a strong support zone. With the RSI at 60–61, DOGE shows steady buying momentum without being overbought.

Similarly, the MACD histogram has turned positive, signaling a resurgence in bullish sentiment following muted August trading.

Resistance at $0.25 Could Unlock Higher Targets

Dogecoin’s short-term trajectory hinges on whether it can close above $0.246–$0.250, a level where both resistance and Bollinger Bands converge. A confirmed breakout may clear the path toward $0.263, $0.273–$0.276, and the July high of $0.300.

Support sits at $0.238–$0.240, with deeper levels near $0.233–$0.231 and the 20-day EMA at $0.225. Any drop below the 100/200-day cluster around $0.214–$0.213 would weaken the bullish setup.

Market analysts also note Dogecoin’s parallel channel pattern, with resistance near $0.29. A breakout here could potentially extend gains beyond $0.3 to as far as $0.50, based on the measured width of the channel.

DOGE's price trends to the upside on the daily chart. Source: DOGEUSD on Tradingview

ETF Buzz and Whale Activity Add Fuel

Beyond technicals, fundamentals are helping fuel optimism. Grayscale recently filed for a U.S. Dogecoin ETF, while the REX-Osprey Dogecoin ETF officially launched on September 11. These developments underscore rising institutional interest in meme coins, a trend once considered unlikely.

Meanwhile, whale activity has picked up, with over 10 million DOGE withdrawn from exchanges. Such moves reduce market supply and are typically interpreted as long-term accumulation.

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With institutional products entering the market and on-chain metrics improving, the bullish narrative around Dogecoin is strengthening. A decisive move above $0.25 could set the stage for a rally toward $0.30, and possibly higher if momentum carries through.

Cover image from ChatGPT, DOGEUSD chart from Tradingview

Bitcoin rose above $113,000 on Friday as U.S. payrolls increased by 22,000 and the unemployment rate ticked up to 4.3 percent, pushing traders to price a September Federal Reserve rate cut with near certainty.

Per the Bureau of Labor Statistics release, private employers added 38,000 jobs, government payrolls fell by 16,000 and manufacturing lost 12,000.

Average hourly earnings rose 0.3 percent on the month and 3.7 percent on the year, the labor force participation rate edged up to 62.3 percent and average weekly hours held at 34.2. The U-6 underemployment rate reached 8.1 percent.

Bitcoin traded above the $113,000 level during the session while hovering just below that mark on real-time charts.

The weak headline gain followed a week of incremental softening across higher-frequency indicators. Initial jobless claims rose by 8,000 to a seasonally adjusted 237,000, while private-sector payroll growth in the ADP series cooled, reinforcing evidence of slower hiring, according to Trading Economics data

Separately, the services side of the economy improved but showed persistent price pressure: the ISM Services PMI firmed in August, new orders advanced, and the prices-paid index eased only slightly to a still-elevated 69.2.

On costs, the Labor Department revised second-quarter nonfarm productivity up to a 3.3 percent annualized pace and unit labor costs down to 1.0 percent, a combination that supports disinflation at the margin.

Trade flows added another piece to the macro picture. The U.S. goods and services deficit widened to $78.3 billion in July as imports rebounded, the largest gap since early spring, per the latest joint release from the Bureau of Economic Analysis and Census Bureau. That pattern points to resilient domestic demand and front-loading related to tariff policy, even as hiring momentum slows.

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Rate expectations adjusted quickly after the August payrolls figures. Futures implied probabilities tracked by the CME FedWatch Tool showed markets treating a September reduction as a base case, with some chance of a larger move discussed in rates commentary during the trading day.

The chance of a 50bps cut sat at 0% yesterday but has now jumped to 12%, while the 3.6% chance of no cut has evaporated to 0%.

The setup is straightforward for crypto: a softer labor market and contained wage growth raise the probability of easier policy, which has historically supported liquidity conditions that can lift risk assets, including Bitcoin.

The mix of slower hiring, firm services demand, and improving productivity leaves the policy debate finely balanced heading into the September 16–17 meeting.

If service inflation pressure, captured in ISM prices, moderates alongside cooling labor conditions and lower unit labor costs, the Fed has room to begin a measured easing cycle, a backdrop that crypto markets have already started to discount.

The committee’s decision will finalize the near-term path for dollar liquidity and duration, and by extension, the tone for digital asset trading into quarter-end.

The Fed meets September 16–17.

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MEXC, one of the world’s fastest-growing cryptocurrency exchanges, reported record growth in the second quarter of 2025 after rolling out a zero-fee campaign on high-demand futures pairs.

The bold strategy, designed to reduce barriers to entry and capture market momentum, comes as the broader digital asset market continues to embrace stablecoins amid broader crypto adoption.

Zero-Fee Push Aligns with Market Focus

According to the CoinGecko Q2 2025 Crypto Industry Report, the total cryptocurrency market capitalization rose 24% quarter-on-quarter, while the stablecoin market hit an all-time high of $243.1B. $USDC expanded by $1.4B in circulation, highlighting investor appetite for compliant, dollar-backed assets.

MEXC seized on the trend by eliminating trading fees on selected $USDC-margined futures pairs. The initiative gave traders cost-free access to fast-growing markets while positioning the exchange at the center of the industry’s shifting narrative.

By zeroing in on where the liquidity was flowing and removing cost friction, MEXC amplified user participation and market depth across key pairs.

Winners Among Trading Pairs

The exchange’s campaign produced notable winners across both mainstream and emerging assets:

• $TON/$USDC captured 42% market share in its category.
• $ETH/$USDT, the flagship mainstream trading pair, secured a 33% share.
• $ONDO/$USDC and $POPCAT/$USDC each posted more than 5% market share gains.

The results underscored how MEXC’s mix of blue-chip tokens, infrastructure plays, and high-risk meme coins allowed the platform to serve a broad spectrum of trading appetites.

$ETH and $TON attracted institutional-minded investors, while $POPCAT drew in speculative retail traders and meme coin degens chasing volatility.

From Meme Frenzy to Mainstream Focus

The strong quarterly performance also reflected a broader pivot in market psychology. In the first quarter, the meme coin market profited from tokens like Dogwifhat, Brett, and Book of Meme surging in popularity.

But as US regulators passed crypto-friendly rules and fostered a more welcoming blockchain framework, investors redirected their attention to infrastructure upgrades, DeFi applications, and regulatory-friendly assets in Q2.

MEXC’s zero-fee campaign mirrored this change in sentiment. By offering cost-free access to sectors aligned with the new narrative, the exchange effectively turned user preference into trading volume.

Building a Foundation for Long-Term Growth

The zero-fee initiative not only lowered trading costs but also created a feedback loop of higher participation, deeper liquidity, and growing market share.

The campaign laid the groundwork for the exchange’s next phase of expansion, particularly in futures markets where competition among global platforms remains fierce.

With over 40M users spanning 170 countries, MEXC has built a reputation as one of the industry’s most accessible exchanges. The platform frequently lists trending tokens, provides promotional airdrops, and maintains one of the lowest fee structures in the sector.

Its focus on simplicity – under the motto ‘Your Easiest Way to Crypto’ – has helped it build a strong following among both retail traders and more seasoned investors.

Industry Context: Stablecoins and DeFi in the Spotlight

The emphasis on $USDC-margined pairs comes at a time when stablecoins are increasingly viewed as the backbone of the crypto economy. Beyond functioning as a liquidity layer, stablecoins are now integral to payment rails, cross-border settlement, and decentralized finance platforms.

The $243.1 billion stablecoin market cap milestone in Q2 reflects both resilience and evolution.

The sector is expanding not just in raw numbers but also in diversity, with compliant tokens like $USDC gaining traction alongside algorithmic and yield-bearing alternatives.

MEXC’s decision to highlight $ONDO/$USDC as part of its zero-fee campaign reflects how exchanges are now competing not just on volume but also on narrative alignment with emerging sectors.

DeFi has also continued to capture institutional interest, with projects like Ondo Finance ($ONDO) demonstrating new ways to bridge traditional financial instruments with blockchain technology.

MEXC Looks to the Future

The strong quarterly showing cements MEXC’s status as one of the most competitive exchanges in the futures market.

The zero-fee futures initiative may prove to be more than just a short-term promotional boost. By positioning itself as the go-to platform for traders chasing the most relevant narratives, the exchange has built a strategic foundation that could sustain growth well into 2026 and beyond.

As always, do your own research. This isn’t financial advice.

Authored by Bogdan Patru, Bitcoinist – https://bitcoinist.com/mexcs-zero-fee-futures-drive-q2-growth-stablecoins-defi

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.

Bitcoin-Safe, an open source Bitcoin savings wallet, is now available for families, individuals and businesses looking for safe, long-term Bitcoin storage. It focuses on multi-sig security and distinguishes itself from other desktop wallets such as Electrum and Sparrow, as it requires a hardware wallet for mainnet operations. Supported by the one-year OpenSats Grant awarded in March 2025, Bitcoin-Safe is the latest version 1.5.0 released on September 1, 2025, combining robust security with a redesigned user interface.

Development and OpenSat Support

Developed by Andreas Griffin for over two and a half years, Bitcoin-Safe aims to simplify multi-sig setups and reduce reliance on Electrum servers. “I started with this wallet two and a half years ago, and I had two goals to make multisig easier and not have to resort to Electrum servers,” Griffin told Bitcoin Magazine. OpenSats Grant, which will be held from March 2025 to March 2026, supports these efforts. The open source code for wallets built into the Bitcoin Dev Kit (BDK) is auditable on GitHub, and installable clients are available for free at Bitcoin-safe.org/download.

Multisig, hardware wallet security, coin control

Bitcoin-Safe enforces hardware wallets for the mainnet and prohibits software seeds from mitigating security risks. “There’s no way around hardware wallets to save money,” Griffin said, highlighting compatibility with major hardware devices via QR, USB or SD cards. This allows Bitcoin Safe to allow software seeds, prioritize security for significant savings, and minimize “footguns.” This is a feature that users can easily hurt.

The Wallet Multisig Setup Wizard generates PDFs with wallet descriptors, such as send and receive tests for validation. “After this wizard is finished, you can make sure it’s set up correctly,” Griffin said. This ensures reliable configuration and allows for multisig access without compromising security.

Using the NOSTR protocol, Bitcoin-Safe synchronizes transactions and addresses the entire end-to-end encrypted device label. “We create protocols on top of Nostr to link these computers and synchronize labels seamlessly,” Griffin said. Multisig participants can share partially signed Bitcoin Transactions (PSBTs) with a single click, and the relay stores encrypted messages for asynchronous access.

The Coin category separates funds such as KYC exchange withdrawals and private coins to prevent unintended transaction connections. “You should not link it by mistake as you need to select the source of the fund,” Griffin supported the privacy of users.

User Interface and Experience

Version 1.5.0 introduces a new interface developed with @Design-R. “The designers who participated in the project are really very helpful,” Griffin said. Features include a sidebar for managing multiple wallets, an updated transaction view for sending and signing PSBTs, and a Mempool visualization showing block and fee data.

The wallet will add keyboard shortcuts, tooltips and clear error messages. Bug fixes improve functionality and ensure accessibility for beginners and advanced users.

Bitcoin-Safe supports real-time conversion of 123 Fiat currencies integrated into the interface. It also converts Bitcoin to gold or silver values ​​in ounces and grams. Real-time Mempool alerts notify users of transaction propagation. “This is an opt-in feature for existing users and opt-out of new installations,” Griffin said, noting in a customizable network setting.

Users can unlock multiple wallets with a single encryption password. “If multiple wallets share the same encryption password, users must enter it only once,” explained Griffin. Nostr’s Chat & Sync feature enables remote PSBT adjustments for multi-sig participants.

Community and Accessibility

Bitcoin-Safe supports languages ​​such as English, Chinese, and Spanish, as well as translation via Weblate. Users can test with TBTC, report bugs, or donate via Lightning or Onchain. Engagement is done through chorus.community and x accounts (@bitcoinsafe, @bitcoinsafecn) and documentation is available at bitcoin-safe.org.

Future Development: Compact Block Filter

Bitcoin-Safe plans to replace the Electrum server in 2025 with integrated compact block filters. “My plan is to replace (Electrum Servers) with a compact block filter and retrieve blockchain data directly from the Bitcoin core node,” Griffin said, aiming to enhance privacy and server independence.

SharpLink, a company with a growing focus on Ethereum, has continued with its aggressive ETH accumulation, according to an Aug. 26 statement.

The firm said it acquired 56,533 ETH at an average cost of $4,462, using $360.9 million raised through its at-the-market issuance program during the week ending Aug. 24.

These purchases lifted SharpLink’s total holdings to 797,704 ETH, which has a market value of nearly $3.7 billion. SharpLink is the second-largest corporate holder of Ethereum, behind only Thomas Lee’s BitMine.

Since launching its treasury initiative in June, SharpLink has earned 1,799 ETH in staking rewards and has roughly $200 million in cash for future acquisitions.

SharpLink’s co-CEO Joseph Chalom described the purchases as evidence of SharpLink’s discipline in executing its Ethereum-focused vision, emphasizing that the company remains committed to building shareholder value while supporting the growth of the wider network.

Following the news, SharpLink shares rose 3.31% to approximately $20 as of press time, according to Google Finance data.

Inducement plan

SharpLink has filed with the US Securities and Exchange Commission (SEC) to register 3 million additional shares tied to its inducement award plan.

The program, first authorized by the board on Aug. 19, allows the company to issue stock to new or rehired employees as part of their compensation package.

According to the filing, the inducement plan applies only to individuals beginning new roles or returning to the firm after a confirmed break in service.

The eligible awards may include restricted shares, stock units, or options, but each must be granted when hiring and serve as a meaningful factor in the decision to join SharpLink.

By linking employment offers to stock incentives, SharpLink aims to compete more effectively for skilled workers while reducing cash-based expenses. The move also reinforces its strategy of aligning employee rewards with long-term shareholder value.

Meanwhile, the plan’s administration will rest with the compensation committee or other independent board members.

Mentioned in this article

Global interest in stablecoins has hit unprecedented levels, with Google searches for the term “stablecoins” reaching an all-time high in July 2025.

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This spike follows the recent passage of the Guiding and Empowering Nation’s Innovation for US Stablecoins (GENIUS) Act on July 18, signaling a pivotal shift in regulatory clarity and institutional confidence in the sector.

Google Data: Parabolic Growth and Market Dominance

Data from Coingecko shows that the stablecoin market cap now stands at $272 billion, representing roughly 7% of the total cryptocurrency market. U.S. dollar-pegged stablecoins account for about 98% of this total, with Tether maintaining its dominance at 60%. In the meantime, as stablecoin activity increases, the Bitcoin price trends to the upside as seen on the chart below.

Bitcoin price trends to the upside as stablecoin activity heats up. Source: BTCUSD on Tradingview 

Bitwise Asset Management reported record-breaking stablecoin transactions and issuance across 2025, prompting crypto analysts to call the market’s trajectory “parabolic.” Ethereum-based firm SharpLink summed up the sentiment in a viral post: “You can’t spell ‘stablecoins’ without ‘parabolic.’”

GENIUS Act Sparks Institutional Adoption

The GENIUS Act, hailed for providing much-needed regulatory structure, has ignited a wave of interest from both retail users and financial institutions.

Companies like Interactive Brokers and Robinhood have launched or explored their own stablecoins, aiming to offer 24/7 funding, faster settlements, and increased user engagement.

Nassar Al Achkar, Chief Strategy Officer at CoinW exchange, explained that stablecoins are emerging as a “hedge against crypto volatility” and a valuable tool for cross-border payments. “Institutions are entering the space not just for innovation, but for safer investor options,” he added.

Stablecoins’ Speculation Set to Change to Foundation

The surge in search interest, as measured by Google, and market activity shows a significant transformation in how stablecoins are perceived, from speculative digital assets to foundational elements in global finance.

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While challenges remain, particularly around reserve backing and regulatory harmonization, the GENIUS Act appears to have laid the groundwork for a stablecoin-driven financial future.

As adoption continues to rise, according to Google data, stablecoins are increasingly positioned beyond being crypto tools, becoming building blocks of the next generation financial infrastructure.

Cover image from Unsplash, chart from Tradingview

According to data from SoSoValue, IBIT has recorded 31 consecutive trading days without net outflows since April 14. The only exception was May 13, when flows remained flat.

Despite that pause, the ETF has received $9.31 billion in net inflows during the ongoing streak, which has propelled the fund’s assets under management to roughly $72 billion.

ETF Store President Nate Geraci pointed out that IBIT now ranks among the top five ETFs by year-to-date inflows across a universe of more than 4,200 US-listed funds.

Market observers point to declining volatility and improving market sentiment as key drivers behind IBIT’s appeal.

Bloomberg ETF strategist Eric Balchunas noted that the fund’s 90-day rolling volatility has reached its lowest level since inception. This trend, paired with Bitcoin’s steady price gains, is drawing in larger asset allocators.

Balchunas highlighted that IBIT’s flow dominance in recent weeks significantly outpaces other crypto-related ETFs, suggesting it has become the go-to choice for institutional players seeking Bitcoin exposure without excessive risk.

Investment manager Mike Shell of ASYMMETRY added that IBIT is beginning to behave more like a mature, institutional-grade asset.

According to him, the asset is not acting like a speculative crypto token but more like a digital store of value, like gold, than volatile tech stocks.

The post Bitcoin low volatility fuels BlackRock’s IBIT 31-day inflow run and $72B asset surge appeared first on CryptoSlate.