President of Belarus Wants Banks to Fully Embrace Bitcoin ‬to Combat Economic Woes

One of the biggest meme coins, Shiba Inu , is lining up the cleanest bullish setup seen in months, with several indicators pointing in the same direction. Traders may refer to this as a "perfect bull combo," and while it is not guaranteed, SHIB's recent price behavior makes it difficult to ignore.

For most of the summer, SHIB has been fluctuating between $0.0000115 and $0.0000135, with the lower level providing strong support. Last week, the token closed at $0.0000133, indicating that buyers are finally gaining the upper hand. The next price point to watch is $0.0000135. 

If SHIB can break through this level, the next targets are at $0.0000157 and $0.0000169, with higher levels at $0.0000205 and $0.0000250.TradingView">

On the daily chart, SHIB has climbed from August lows near $0.0000118, reclaimed the middle of the Bollinger Bands and is now approaching the upper one. Momentum is improving too: the RSI has climbed above 53 and continues to indicate that buyers are in control. This alignment of multiple indicators is what gives this setup a "perfect combo" label.

Don't get too bullish 

However, there are still things to watch out for. The weekly RSI has only just lifted from oversold territory and remains below the neutral 50 line, meaning the broader trend has not fully turned yet. If Shiba Inu coin's price falls below $0.0000115, the bulls will lose their advantage, and the sideways range from spring could continue.

However, if buyers maintain their momentum and break through the $0.0000157-$0.0000169 resistance level, the likelihood of a stronger breakout increases significantly. Without sufficient trading volume, however, the token risks remaining trapped in the same narrow price range it has been stuck in for months.

XRP Exchange reserves have surged by 1.2 billion in just a day, presenting a bearish outlook for the XRP price. This development comes as the token looks to hold above the psychological $3 level. 

XRP Exchange Reserves Increase By 1.2 Billion In Just A Day

A CryptoQuant analysis by CryptoOnchain revealed that XRP Exchange reserves jumped by 1.2 billion in a day across four crypto exchanges, with Binance leading the surge. Bithumb, Bybit, and OKX also experienced a major increase in their reserves, a development which CryptoOnchain noted shifted the volume of XRP’s reserves in an unprecedented manner. 

Binance saw its reserve holdings increase from around 2.928 billion XRP to 3.538 billion XRP, an increase of over 610 million XRP in a single day. Meanwhile, Bithumb saw its holdings increase from 1.647 billion to 2.519 billion, Bybit’s holdings increased from 188 million to 380 million XRP, and OKX’s XRP reserves jumped from 112,000 to 233 million. 

This development is typically bearish, as an increase in crypto exchanges’ reserves indicates that investors are offloading their coins. This would also explain why XRP has underperformed in recent times and has struggled to hold above the psychological $3 price level. During this period, other altcoins like Solana and BNB have outperformed XRP, reaching new local highs.

Accumulation Rather Than Sell-offs

CryptoOnchain revealed that the increase in XRP Exchange reserves is a case of accumulation rather than the typical sell-offs. The analyst noted that the price chart indicates that this heavy accumulation occurred precisely at the key support level of around $2.73, a level that has previously prevented the altcoin from experiencing massive declines. 

The analyst then pointed to the RSI and MACD indicators a day after the increase in the XRP Exchange reserves, which shows a decrease in selling pressure on the token.CryptoOnchain explained that this could mean that the heavy buying by exchanges was aimed at accumulation rather than immediate injection into the market. 

CryptoOnchain also noted that the pattern of these large accumulations across the crypto exchanges and at a critical support level could be a sign of institutional coordination or an upcoming event. Notably, the XRP ETFs could launch next month, which would represent a significant development for the XRP price. 

The analyst stated that if the current support holds and buying volumes continue, the XRP price could rally to higher resistances at $3.34 and $3.58. However, CryptoOnchain warned that if the support is broken, selling pressure could turn the increase in XRP Exchange reserves into an opportunity for massive supply. 

At the time of writing, the XRP price is trading at around $3.06, up over 2% in the last 24 hours, according to data from CoinMarketCap.

PancakeSwap’s trading competition was supposed to reward random winners, but blockchain records show that about half of the 1,700 winning wallets are part of connected clusters.

The competition was the second of its kind and structured for investors to earn points by trading the tokens of five sponsors from the Binance Alpha program: League of Traders (LOT), Bedrock DAO (BR), MilkyWay (MILK), NodeOps (NODE) and Moonveil (MORE).

To accumulate points, the trades had to be conducted on PancakeSwap, the top decentralized exchange (DEX) by total value locked on the Binance-founded BNB Chain.

In its campaign introduction, PancakeSwap stated that winners who reached a three-tier trading volume threshold would enter a “random lucky draw.”

Industry groups have urged the British government to include distributed ledger technology as a "core strand" of the UK-US Tech Bridge ahead of President Trump's state visit next week.

The UK–US Tech Bridge is a bilateral initiative designed to strengthen collaboration on advanced technologies, including areas such as artificial intelligence, cybersecurity, space, quantum, and biotechnology, alongside digital finance.

The partnership gives the UK and U.S. a chance to shape global digital finance standards, deepen transatlantic markets, promote interoperability, and position their firms at the forefront of innovation, the associations wrote in a letter to Secretary of State for Business and Trade, Rt Hon Peter Kyle MP, on Thursday, seen by The Block.

The letter's signers span key trade bodies in finance, payments, and digital assets, including UKCBC, Global Digital Finance, and the Crypto Council for Innovation on crypto; The Payments Association, UK Finance, and techUK on payments and technology; and heavyweight financial groups like TheCityUK, the City of London Corporation, and AIMA.

DLT is transforming financial services by improving capital flows, enabling faster and cheaper payments, boosting efficiency, and widening inclusion, the letter argued, offering domestic gains in growth and jobs.

Tokenization and stablecoins are central to this shift, the trade bodies continued, with the UK's role as a leading hub for cross-border finance — handling nearly 40% of global FX turnover — and the United States' position as home to the largest capital markets together shaping global standards in digital finance.

"This is a once-in-a-generation opportunity for the UK and U.S. to establish the world's first transatlantic framework for DLT and set the standards of global interoperability," the signers wrote. "By acting together, we can ensure that the rules of the digital economy are shaped in our markets — not written elsewhere."

Britain risks being left on the sidelines

The industry groups went on to warn that excluding digital assets from the UK-US Tech Bridge would be a "missed opportunity" that risks leaving Britain on the sidelines while others — particularly in the Middle East and Asia — move ahead in shaping the future of finance. Instead, they pressed the government to build on its commitment to develop a joint sandbox with the U.S.

"We fully support the government's ambition to 'grasp the opportunities of new technologies' and the Chancellor's commitment to 'drive forward developments in blockchain technology, including tokenized securities and stablecoins,'" the associations said, offering their assistance. "Now is the time to make this a reality — a platform to deliver."

Trump's trip to the UK runs from Sept. 17 to Sept. 19 — the first U.S. president in modern history to be invited for a second state visit. Traditionally, second-term presidents are not offered a state visit and have instead been granted more modest royal engagements. The rare invitation was extended by King Charles and delivered by Prime Minister Sir Keir Starmer during a White House trade meeting in February. Trump was previously granted a state visit in 2019.

Back in April, the UK Treasury signaled plans to work with the U.S. on crypto regulation after Chancellor Rachel Reeves met Treasury Secretary Scott Bessent in Washington. Reeves pledged to make Britain a hub for digital asset innovation with clearer rules, echoing the Trump administration's pro-crypto stance.

"Firms offering services for cryptoassets like Bitcoin and Ethereum will be subject to new, clear rules, boosting investor confidence and driving growth," Reeves said at the time.

Disclaimer: The Block is an independent media outlet that delivers news, research, and data. As of November 2023, Foresight Ventures is a majority investor of The Block. Foresight Ventures invests in other companies in the crypto space. Crypto exchange Bitget is an anchor LP for Foresight Ventures. The Block continues to operate independently to deliver objective, impactful, and timely information about the crypto industry. Here are our current financial disclosures.

© 2025 The Block. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

TL;DR

Bollinger Band Signal Reappears

Dogecoin’s weekly chart has entered a zone that has previously marked the start of major rallies. Trader Tardigrade said,

$Doge/weekly When the Bollinger Band Width hits the orange level, #Dogecoin has surged between 100% and 378%. It’s now at that level again, targeting a price range from $0.41 to $0.97 pic.twitter.com/hOr8Trnln7

— Trader Tardigrade (@TATrader_Alan) September 12, 2025

The indicator is back at that threshold, signaling the potential for anotherlarge swing. Past examples show gains of 206%, 378%, and 100% after the same condition. Using those moves as a reference, possible targets range between $0.41 and $0.97. With Dogecoin trading near $0.26, there is room for expansion if volatility returns.

Analyst Javon Marks pointed to structural similarities between the current setup and earlier Dogecoin cycles going back to 2014. His chart shows sequences of falling wedge formations, followed by short consolidation phases, that preceded strong rallies to new highs.

Marks commented that DOGE “LOOKS READY FOR LAUNCH!” and charted a green arrow showing a possible breakout path. The suggestion is that history may repeat, with Dogecoin breaking its range to pursue higher levels.Market Activity and Breakout Signs

Dogecoin was trading at $0.26 at press time, with daily turnover above $4 billion. The token has risen 4% in the past 24 hours and nearly 20% over the week. BitGuru observed,

“$DOGE has broken out strongly after forming a double bottom near support, surging past $0.26.”

Meanwhile, that move cleared earlier rejection zones, andmomentumnow appears to favor buyers. Traders are watching whether Dogecoin can maintain strength as it approaches resistance in higher ranges.Treasury Accumulation and ETF Delay

Corporate buying has also added to the market narrative. CleanCore Solutions reported that it now holds more than 500 million DOGE after purchasing $130 million worth of tokens on Thursday. The company aims to acquire one billion DOGE within a month, having already bought 285 million earlier in the week.

Separately, the Rex-Osprey Doge ETF (DOJE), expected to be the first spot ETF for Dogecoin, was scheduled to launch on Thursday but was postponed. Bloomberg analyst Eric Balchunas said the fund will now begin trading next week, citing scheduling delays.