As the tokenized gold market approaches $3 billion, gold prices hit a new all-time high!
Cathie Wood compares HYPE to “early Solana” and predicts a 7x surge!
On-chain data shows Bitcoin’s strength, with a bull case of $240,000 emerging!
With the US government shutdown looming, what impact will it have on the Cryptocurrency Market Restructuring Act?
Federal Reserve Board member asserts that “stablecoins are key to the future of U.S. payments”!
Let’s analyze the news on the global economy and cryptocurrencies and consider economic trends together!
Tuesday, September 30th: We’ll be discussing today’s cryptocurrency news and on-chain market conditions.
This program brings you the latest news to help you with your asset building. Let’s start with a look at 24-hour data headlines from the cryptocurrency market.
We’ll start with the topic, “Gold prices hit a new all-time high as the tokenized gold market approaches $3 billion.”
Gold has long been a globally recognized safe haven, and its popularity is accelerating rather than waning. In particular, “tokenized gold,” a digital asset that represents the value of gold on the blockchain, has garnered attention in recent years. This allows investors to trade linked to the value of gold without having to own physical gold.
Today, the tokenized gold market has grown to approximately $3 billion, representing rapid expansion over the past few years. At the same time, physical gold prices have reached new all-time highs, creating a bullish mood across the market. This is due in part to global economic uncertainty and inflation concerns, which have led many investors to shift their funds to gold as a safe haven.
Gold prices have soared in the past during major economic shocks, such as the Lehman Shock and the European Debt Crisis, and this current trend appears to be following suit. Market observers believe that tokenization technology has dramatically improved liquidity and accessibility, driving market expansion.
Next, we’ll discuss “Cathie Wood Likens HYPE to Early Solana and Predicts a 7x Rise!”
Cathie Wood, founder of ARK Invest and renowned investor, spoke passionately about the emerging project “HYPE.” She compared HYPE to Solana (SOL) circa 2019 and made a bold prediction: “It has seven times the potential for growth going forward.” Solana is a blockchain platform that has experienced explosive growth over the past few years, and its similarities to its early stages have fueled excitement.
HYPE is known for its hyperliquidity, providing a high-speed, low-cost trading environment. This technological superiority and active community have earned Wood high praise. Her comments have garnered increased attention in the market, with some analysts predicting that HYPE could emerge as a next-generation platform.
However, emerging projects also involve risks, so caution is required. That said, support from prominent investors will be a major tailwind.
Next, let’s discuss “On-chain Data Suggests Bitcoin’s Strength: A Bull Case of $240,000.”
Bitcoin has been performing reliably this year, albeit with some ups and downs. Some analysts suggest that current on-chain data indicates Bitcoin has not yet peaked, and that in the best case scenario, it could rise to $240,000 per BTC.
This analysis examines market sentiment and supply and demand conditions in detail using multiple indicators, including trading volume, number of holders, and number of new entrants. Results confirmed “additional purchases by long-term holders,” “expansion of institutional investors,” and “intensified network activity,” fueling growing expectations for a continued bull market overall.
In the past, these on-chain indicators have tended to show positive signs prior to significant new highs, and some believe this will be no different this time. However, market volatility is always a risk, so careful monitoring is required.
The fourth topic is “The impact of the imminent U.S. government shutdown on the Cryptocurrency Market Restructuring Act.”
The risk of a government shutdown in the U.S. Congress from fall 2025 onward is looming, raising concerns that this could delay or disrupt the deliberations of important legislation. One such bill is the Virtual Currency Market Structural Reform Act. This bill aims to establish a regulatory framework for virtual currency exchanges and related companies, and is attracting strong interest from market participants.
A government shutdown could affect the bill’s passage and implementation. Some stakeholders have pointed out that “continued uncertainty about the regulatory environment could lead to a decline in market confidence and a decline in investment appetite.” On the other hand, there is also strong hope that “in the long term, institutional reforms will lead to market health and growth.” We will need to keep a close eye on future developments in Congress and government operations.
Finally, we would like to introduce an important statement: “Federal Reserve Board Member: ‘Stablecoins are key to the future of U.S. payments.'”
Federal Reserve Board Member Craster recently stated, “Stablecoins are the future of the U.S. payments system.” This comment not only calls for stricter regulation of stablecoins, but also demonstrates a proactive stance toward promoting their use.
Stablecoins are cryptocurrencies whose value is pegged to fiat currencies such as the U.S. dollar, and offer the advantage of fast, low-cost transfers and settlements. With the Fed expressing this recognition, the market is hopeful that “policy support and technological innovation for the development of stablecoins will increase in the future.” It may also lead to stronger collaboration with existing financial institutions.
However, at the same time, there are many challenges, such as consumer protection and anti-money laundering, so a balanced system design and transparency are required.
So, today we’ve introduced five important topics.
– Tokenized Gold Market Surpasses $3 Billion and Reaches New Record High
– Cathie Wood Predicts a 7x HYPE Rise
– Bitcoin Bull Case of $240,000 Based on On-Chain Data
– US Government Shutdown Concerns and Their Impact on Cryptocurrency Regulation Bill
– Fed Board Member’s Statement Promoting Stablecoins
All of these news items will have a major impact on the cryptocurrency market and related financial sectors, so be sure to keep an eye on them.
That’s all for today’s news highlights. This channel provides in-depth, specialized features focusing on valuable news in the cryptocurrency world. If you find this channel valuable, please share, follow, and turn on notifications.
Well, see you tomorrow!
