Bittensor’s halving next week expected to boost TAO price, Grayscale says

The Trump administration did not mention cryptocurrency or blockchain in its latest national security strategy, despite the industry’s growing ties to the financial system and President Donald Trump’s claim of increased competition from overseas.

Trump’s national security strategy, outlining his administration’s priorities, released on Friday, instead said the “core, vital national interests” of the US revolved around artificial intelligence and quantum computing.

“We want to ensure that U.S. technology and U.S. standards—particularly in AI, biotech, and quantum computing—drive the world forward,” the administration said.

The omission of crypto from the national security strategy comes despite Trump telling CBS’ 60 Minutes last month that he did not want to “have China be number one in the world in crypto” and has previously said he wants all Bitcoin (BTC) mining to take place in the US.

CIA deputy director Michael Ellis also said in May that crypto was “another area of technological competition where we need to make sure the United States is well-positioned against China and other adversaries.”

There is, however, one section of the document that states that Trump wants to preserve and grow “America’s financial sector dominance” by using the country’s “leadership in digital finance and innovation” to ensure market liquidity and security, which could be a hint at crypto.

Bitcoin price started a fresh increase above $90,500. BTC is now consolidating gains and might attempt an upside break above $91,650.

• Bitcoin started a fresh increase above the $90,500 zone.
• The price is trading above $91,000 and the 100 hourly Simple moving average.
• There was a break above a key bearish trend line with resistance at $90,000 on the hourly chart of the BTC/USD pair (data feed from Kraken).
• The pair might continue to move up if it settles above the $91,650 zone.

Bitcoin Price Faces Resistance

Bitcoin price managed to stay above the $90,500 zone and started a fresh increase. BTC gained strength for a move above the $91,500 and $92,500 levels.

There was a clear move above the $93,000 resistance. A high was formed at $94,050 and the price recently corrected some gains. There was a drop below the 50% Fib retracement level of the upward move from the $83,871 swing low to the $94,050 high.

However, the bulls were active near the $87,800 support and the 61.8% Fib retracement level of the upward move from the $83,871 swing low to the $94,050 high. The price is again rising above $90,000.

There was a break above a key bearish trend line with resistance at $90,000 on the hourly chart of the BTC/USD pair. Bitcoin is now trading above $91,000 and the 100 hourly Simple moving average.

If the bulls remain in action, the price could attempt another increase. Immediate resistance is near the $91,650 level. The first key resistance is near the $92,000 level. The next resistance could be $93,000. A close above the $93,000 resistance might send the price further higher. In the stated case, the price could rise and test the $95,000 resistance. Any more gains might send the price toward the $95,500 level. The next barrier for the bulls could be $96,200 and $96,450.

Another Decline In BTC?

If Bitcoin fails to rise above the $91,650 resistance zone, it could start another decline. Immediate support is near the $90,000 level. The first major support is near the $89,500 level.

The next support is now near the $87,800 zone. Any more losses might send the price toward the $87,250 support in the near term. The main support sits at $86,500, below which BTC might accelerate lower in the near term.

Technical indicators:

Hourly MACD – The MACD is now gaining pace in the bullish zone.

Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now above the 50 level.

Major Support Levels – $90,000, followed by $89,500.

Major Resistance Levels – $91,650 and $92,000.

The market is certainly ready for a recovery, but there's a big catch that most investors shouldn't be ignoring at this point in time. Shiba Inu might remove a zero, Ethereum is certainly seeing a small recovery while XRP's chances to retrace increase.

Shiba Inu could be ready

The chart indicates that the market may be preparing for a more rapid recovery than many anticipate, and Shiba Inu is exhibiting early, but significant, indications of entering an uptrend. SHIB has finally stabilized after months of relentless downward pressure. It formed a higher low in late November, and despite numerous tests, refused to break below the crucial $0.0000080 region. That, in and of itself, indicates a change in the structure of the market: buyers are steadily absorbing supply, while sellers are no longer able to drive prices into new lows. Chart by TradingView" />

The improvement is most noticeable in the short-term trend. In opposition to the 20-day moving average, SHIB is rising and moving closer to the 50-day, which has leveled off and is no longer sharply declining. Bullish breakouts are frequently preceded by this flattening, particularly when coupled with a longer stabilization period.

The change is also supported by momentum indicators, the RSI is rising from the mid-40s, indicating fresh purchasing activity without going into overheated territory. The next logical target is located close to the $0.0000095-$0.0000105 zone, a resistance cluster that has capped prices for months, if SHIB successfully reclaims the 50-day moving average. A break above that range would validate a mid-term trend reversal and reopen the much-discussed zero removal option.

 Similar compression phases, when the majority of participants had already written it off, have historically been the beginning of SHIB’s strongest runs. Managing risk around recent lows, while treating this zone as an accumulation window, is consistent with the chart’s evolution.

Ethereum sell off conclusion

The market is displaying several indicators that the downward momentum is waning, suggesting that Ethereum’s selloff may be coming to an end. ETH has finally stabilized and begun to carve out a local floor after falling from the $4,600 area to the sub-$3,000 zone. Bearish follow-through has clearly slowed over the last few sessions, indicating that the asset may already be past the peak of the selling pressure.

This is supported by the layout of the chart. ETH has formed a distinct higher low around $2,800, instead of creating new lows, the first positive change in several months. Since then, the price has increased and is pushing against the 20-day moving average while consolidating slightly below the $3,100 mark. 

Now that October’s strong cascading momentum has subsided, buyers are finally retaliating. Volume has also returned to normal, and stable participation has replaced panic-driven spikes, a typical marker of transitional periods where supply from weak hands has largely washed out. Another sign of stabilization is the RSI sitting in the mid-40s, indicating balance rather than capitulation.

For now, Ethereum appears to be shifting from breakdown to stabilization, and the selling cycle is likely nearing its end. Instead of expecting a new collapse, investors should anticipate a cautious recovery phase, with momentum gradually leaning back toward buyers.

XRP is entering important range

XRP is getting close to a technical zone where there is a significant increase in the likelihood of a bounce. The asset is still defending support in the $2.00-$2.10 range, despite months of controlled selling pressure and a distinct declining channel. The current market structure indicates that sellers are losing momentum at precisely the moment when buyers usually try a counter-move, and every retest of the channel’s lower boundary has resulted in a reaction.

First, there are no new lows. XRP has repeatedly dipped toward the same support line over the last few weeks, but it hasn’t been able to cross it. This indicates that supply isn’t increasing at lower levels, which is a typical sign of short-term reversals. 

This interpretation is further supported by volume, which shows that selling spikes have decreased and that the market is entering a quieter, compression-driven phase where volatility first contracts before increasing once more.

Momentum indicators support the configuration. When the RSI is in the low-40s, it indicates that the market is under pressure but is not giving up, indicating that there is still potential for growth without creating overbought conditions. This is precisely the point at which XRP typically produces strong relief rallies, particularly in well-established downward channels.

In the case that XRP recovers, the first resistance is located between $2.16 and $2.20, close to the 20-day moving average. The price may move closer to the 50-day MA at $2.28, which has been a reliable rejection point, if there is a stronger reaction. 

A move toward the mid-channel area around $2.40-$2.45 would be possible if that level were to be broken, which would be the first real improvement in medium-term sentiment.

A small Texas lender is drawing outsized attention across crypto and political circles. Monet Bank, a community bank with assets under $6 billion, has rebranded twice this year and repositioned itself as a crypto-focused “infrastructure bank.”

The move matters because its owner, billionaire Andy Beal, a major Trump ally, is now placing the institution within what analysts describe as a fast-expanding pro-Bitcoin power network surrounding Donald Trump.

A Small Bank Makes a Big Crypto Pivot

Monet Bank openly states that it aims to become the premier digital asset financial institution, offering forward-facing solutions for Bitcoin, stablecoins, and broader digital asset finance.

The bank, regulated by the FDIC, has six offices in Texas and was known for decades as Beal Savings Bank.

Earlier this year, it briefly became XD Bank before adopting the Monet brand, a sequence of rebrands that signals a deliberate strategic shift.

Beal, who founded Beal Financial Corp., is known both for high-stakes poker and for heavily backing Trump’s 2016 presidential campaign through personal political committees.

His renewed entry into the digital-asset sector positions Monet as one of the few federally regulated banks openly prioritizing crypto infrastructure.

Analysts See Monet Joining a Pro-Bitcoin Political Network

According to analyst Jack Sage, Monet Bank is now part of a pro-Bitcoin power network orbiting Trump that has accelerated throughout 2024 and 2025.

The network includes firms with personal, political, or financial ties to Trump and his advisers, forming what Sage calls an emerging Bitcoin-and-stablecoin monetary bloc.

Notable entities in the bloc include:

• Cantor Fitzgerald, linked through the sons of Commerce Secretary Howard Lutnick
• Tether, with ties through former White House official Bo Hines
• Twenty One Capital, backed by Cantor, SoftBank, and Tether
• Metaplanet, where Eric Trump serves as an advisor
• Strive, co-owned by Trump supporter Vivek Ramaswamy
• Strike, run by Jack Mallers and supported by Cantor Fitzgerald

Inside Trump’s immediate orbit sit World Liberty Financial, American Bitcoin Corp., and Trump Media & Technology Group, which analysts say are forming the core of a political-financial architecture built on Bitcoin and stablecoins.

A Parallel Financial System in the Making?

Monet Bank’s crypto push arrives as federal regulators under Trump have withdrawn prior anti-crypto guidance and issued new frameworks allowing banks to integrate digital-asset services more easily.

The FDIC’s acting chair, Travis Hill, recently told lawmakers that the agency expects to propose crypto-related rules tied to the GENIUS Act, a bill focused on stablecoin oversight.

Monet joins other newly created crypto-aligned banks, including:

• Erebor Bank, which received a conditional OCC charter and is backed by Peter Thiel
• N3XT, a Wyoming SPDI launched by former Signature Bank executives

For investors, the rise of Monet Bank signals that the Trump-aligned Bitcoin ecosystem is no longer a theoretical concept. Rather, it is actively building regulated financial rails.

With more political capital, regulatory flexibility, and institutional partners entering the space, more banks and firms could align with this emerging monetary bloc throughout 2025.