12th September

You can read the last “This week in crypto” here.

Bitcoin has held support above $114,000 in the past 24 hours as markets digest recent data that could influence interest rates. The coin is up roughly 2 to 3 per cent over this period, recovering from dips tied to concerns about tightening monetary policy. Investors seem to be balancing optimism about possible easing measures against inflation pressures in the US.

Ethereum and other major altcoins have seen smaller gains alongside Bitcoin. ETH traded near $4,400 in the same period, buoyed by positive sentiment but still some distance from recent highs. Solana and BNB have also rallied, though they too remain under pressure to break out convincingly.

Technicals suggest that Bitcoin’s next resistance lies closer to $118,000–$120,000, depending on macro developments such as inflation reports or Fed statements. Should those prove favourable, the recovery could extend into a broader rally. On the other hand, a failure to hold above the current support could lead to pullbacks toward $110,000. Analysts are watching volume and derivatives flows for clues.

Markets appear to be calm for now, though the potential for volatility remains. With high Open Interest and mixed macro signals, many investors treat the present as an opportunity to build a position rather than assuming trend certainty.

Nasdaq has filed a proposal with the US Securities and Exchange Commission seeking to allow tokenised securities to trade on its main market. This move would mark a significant milestone because it blends traditional finance with blockchain technology. Under this proposal, assets that are already securities would be transformed into digital tokens and traded using blockchain settlement while remaining subject to existing regulatory oversight.

The aim is to ensure tokenised securities maintain the same rights as their traditional counterparts. Owners of tokenised shares would have identical shareholder rights. Nasdaq emphasises that order handling, surveillance practices and material rights must be preserved.

If approved, this change could accelerate institutional interest in blockchain infrastructure. It may expand access to digital securities for investors and enhance liquidity by reducing settlement friction. Also, custodial services, compliance protocols, and audit standards will likely come under close scrutiny.

Challenges remain. The Depository Trust Company must upgrade its infrastructure to handle token‑settled trades. Regulatory clarity will be essential, especially on handling corporate actions, governance, and legal enforceability. Still, many in the industry view this as a sign that tokenisation is moving from theory into mainstream practice.

A newcomer called Remittix (RTX) has been gaining buzz from investors seeking high‑growth altcoins. It has raised over $24.5 million in presale funding and is being viewed by some analysts as a “PayFi game changer” for its ambition to modernise remittance and payment flows.

Remittix stands out in part because it is targeting utility and scale early. It is preparing for listings on exchanges such as BitMart and LBank and is developing its own wallet. That suggests it aims to be more than just another speculative token.

Market watchers caution that such projects can be risky. Tokenomics, execution, regulatory environment and adoption will all matter. Success stories are still rare, but Remittix is one of the more promising projects given its early backing and roadmap clarity.

Retail investors seem particularly drawn to alternatives like Remittix when major coins show less short‑term growth. This turn toward altcoins may increase volatility, but it also reflects a broader appetite beyond just Bitcoin and Ethereum.

Litecoin and XRP are drawing fresh interest as new investment vehicles may be approved. Analysts believe there is a strong possibility of LiteCoin and XRP ETFs gaining regulatory approval by October, which could bring billions in inflows. This has sparked hopes that prices may follow, perhaps pushing LTC toward $175–$200 and XRP toward $8–$12.

These expectations are being fuelled by improved regulatory clarity in the US and the success of earlier ETFs for Bitcoin and Ethereum. With previously approved spot ETFs now well established, investors are looking to the next wave of products for LTC and XRP.

Prices have already responded somewhat. XRP is trading around $2.80, having bounced successfully from regulatory worries. Litecoin has seen its own momentum, especially among traders who are expecting an approval decision. Volumes have risen, though not yet dramatically.

If approvals come through, LTC and XRP could more comfortably join broader portfolios and institutional offerings. Retail interest is strong, and with each regulatory milestone, confidence increases that crypto markets are maturing sustainably.

This week in crypto has shown a mix of calm strength and fresh excitement. Bitcoin is holding steady above $114,000 while Ethereum and large altcoins show smaller gains.

Nasdaq’s move to allow tokenised securities could forever change the way traditional assets and crypto intersect. A new altcoin, Remittix, is earning attention for its presale performance and development plans.

Finally, LiteCoin and XRP may find new life if ETF approvals arrive. The news flow suggests that while caution remains, optimism is growing in parts of the market.

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