The declining Coinbase premium signals potential shifts in US institutional sentiment, impacting Bitcoin's market dynamics and global positioning.
CryptoBriefing•Editorial Team16 Sept
CoinDesk•James Van Straten16 Sept
Bitcoin exchange demand on Coinbase declined after the US Senate voted against the CLARITY Act, while traders sent BTC to exchanges at an unrealized loss.
Cointelegraph•Cointelegraph by William Suberg16 Sept
The lawsuit follows cease-and-desist orders the state issued to prediction market platforms, including Underdog, Polymarket, and Coinbase.
The Block•Timmy Shen16 Sept
BTCUSD | 4H Technical Analysis — Sep 16, 2026 Bitcoin is under pressure after the US Senate failed to advance the Digital Asset Market Clarity Act, the comprehensive crypto market structure bill the industry has spent years lobbying for. A procedural vote to bring the bill to the floor fell short 49 to 50, well below the 60 votes needed for cloture, plunging crypto-related stocks including Coinbase and reigniting uncertainty over whether the CFTC will ever gain the unified regulatory authority the industry has been seeking. The sell-off was compounded by broad risk aversion ahead of tomorrow's FOMC rate decision, with markets reluctant to add risk into a binary macro event on top of the fresh regulatory setback. BTCUSD spent nearly three months, June through mid-August, chopping in a wide 58,000 to 67,000 range before a sharp spike in late August drove price directly to 70,000 and beyond, clearing the entire range in a matter of days. That move extended into early September, with price tagging a high near 82,000 before rolling over into a descending channel that has been in place ever since. The channel's upper boundary has capped every bounce near 80,000 to 82,000, while the lower boundary running through 74,300 has held on each retest so far. Price is now trading around 76,000, with the fast EMA at 77,055 just below the slow EMA at 77,626, a mildly bearish signal that reflects the stalling momentum since the early September peak. RSI has fallen to 36.72, its lowest reading since the pre-breakout consolidation in July and August, showing the Senate news and FOMC anxiety are actively pressuring price rather than just causing a pause. The 74,300 level is the one that matters most right now. It is both the descending channel's lower trendline and the same shelf that has provided support on at least two prior tests since the channel formed, making it the clearest line between an orderly pullback and a deeper breakdown back toward the August range. Key levels to watch: Resistance: 78,000 (recently lost support) / 82,000 (early September high) / 86,000 Support: 74,300 (channel lower trendline, prior support) / 72,500 / 70,000 (breakout level from the August range) Bear case: The failed Clarity Act vote removes a key regulatory tailwind the market had been pricing in, and with the FOMC decision still pending tomorrow, positioning is likely to stay defensive. A break below 74,300 would confirm the descending channel is resolving lower rather than consolidating, opening a retest of 70,000 and potentially the top of the old 60,000 to 67,000 range if risk sentiment deteriorates further around the rate decision. Bull case: The Clarity Act failure was a procedural setback, not a permanent rejection, and legislative efforts of this kind typically get reintroduced rather than abandoned outright. If the FOMC decision tomorrow leans dovish or simply removes uncertainty, a bounce off 74,300 back above 78,000 would suggest the pullback was sentiment-driven rather than structural, keeping the broader uptrend from the August breakout intact. Bias is neutral to cautiously bearish while price holds below 78,000, with the FOMC decision tomorrow the more immediate catalyst than the crypto-specific regulatory news. The descending channel and falling RSI both argue for near-term weakness, but 74,300 has held before and remains the level that decides whether this is a routine pullback within an uptrend or the start of a larger correction back toward the summer range.
Right now, ETH bulls are facing their last line of defense at $2,355. If this level is lost, ETH could see a rapid decline of 10% or more. Let me explain. First, what even is this $2,355 level? It comes from the 3-day chart, where it acted as the primary resistance sellers defended before ETH crashed down to the $1,500 low. For reference on how important that level was historically, view this idea: https://www.tradingview.com/chart/ETHUSDT/yPN1Uj14-ETH-The-Battle-Begins/ Now that price is trading above it, buyers have been using this old resistance as a new level of support. This is clearly visible in ETH's recent lows on Coinbase. The first low after the major pump was established on August 23rd around $2,355.82. Then on September 2nd, price created a double bottom at $2,355.20. Today, with the CLARITY Act failing, ETH reached a low of $2,356.82, giving ETH a current triple bottom structure right at this level. However, if price cannot continue holding these lows, there is very little support between here and $2,150. If that level is reached, it becomes increasingly likely ETH goes lower still, something I will address in a future post if that scenario develops. The Trendline That Has Called Every Top Now for the real substance of this post. Let's dive into the black trendline and all the red X's outlined on the chart. This is arguably the most important thing to watch on ETH's daily timeframe, and it is likely to remain significant for the rest of this market cycle. I have this trendline drawn from the beginning of February 2026, and it has played the most significant role in marking ETH's tops throughout this entire price range. This is not a random line drawn after the fact. It is one I have been tracking and referencing for months. If you are surprised by how many times ETH has topped at this exact trendline, I highly recommend going back and reviewing some of my past work where it was outlined in real time. I first identified this trendline on May 5th as the upper boundary of a rising wedge scenario: https://www.tradingview.com/chart/ETHUSDC/bR1yw8lf-ETH-Both-Scenarios/ It then reappeared as the top of a bear flag I outlined here: https://www.tradingview.com/chart/ETHUSDT/gITAatsV-ETH-How-this-Drop-was-Predicted/ I extended it again to project where a local high was likely to form as ETH was rallying sharply to the upside in this idea: https://www.tradingview.com/chart/ETHUSDT/mTed2jNt-ETH-Where-the-Next-Local-High-Could-Form/ And finally, I extended both trendlines forward to current price action in this idea: https://www.tradingview.com/chart/ETHUSDT/cdDKsyGD-ETH-LTF-Signs-of-Weakness/ Why the Break Would Be So Important This is incredible market structure to see developing, because it strongly suggests this trendline reflects a level algorithmic and institutional players are actively using as a decision point. The more times a level gets respected without breaking, the more significant the eventual break becomes, since it likely triggers a wave of stop losses and trapped short positions all at once once it finally gives way. Because this trendline has correctly called nearly every one of ETH's local tops since February, a daily close above it would represent a genuine and clear shift in trend direction. Once that close occurs, it becomes highly likely that the true bull market for ETH has begun. So although the short term outlook does not look great if $2,355 breaks, keep a close eye on that upper trendline. Once it finally breaks, that is when it will be time to celebrate. I have also added all of the Fibonnaci levels for the current trend to watch if price does start dropping to the downside. I hope this brings you some educational value today.
As I have said repeatedly, I fully expect price to move lower. Rather that be in a minor retracement, or a larger move to a new local low. I also mentioned last night that I thought the clarity act was going to fail and thus cause price to fall. As of now, that is exactly what has happened. Looking at the structure being carved out, I can easily count 3-waves lower from our recent local top. This move lower needs to continue with strength to be considered a wave iii and give the turquoise a chance to fill out. To start chopping without filling out a wave iii gives the white count great credence. We will have to wait to find out, but imo, it is the white and turquoise counts that have the highest probability of filling out. P.S - Just a reminder, orange can apply to both white and turquoise. It is merely stating that this could be the longer-term bottom before wave III begins. Wave III will send price to the moon.
The Coinbase-backed Stand With Crypto will add senators’ votes to its scorecards as it rallies crypto voters ahead of November’s elections.
Circle and Coinbase shares fell about 10% as the failed Senate vote weighed on crypto-linked equities, with Bitcoin miners and treasury companies also declining.
Cointelegraph•Cointelegraph by Nate Kostar15 Sept
X has launched its U.S. Cashtag Partner Program with five brokerage platforms, giving users a direct route from stock, ETF, and cryptocurrency discussions to eligible trading services. X Cashtag Program connects tickers with trading platforms X said in an official…
X's integration of trading access with financial discussions could streamline investment decisions, potentially increasing user engagement and trading activity.
CryptoBriefing•Estefano Gomez15 Sept
The US risks falling behind in digital finance innovation, potentially ceding leadership to regions with clearer regulatory frameworks.
CryptoBriefing•Editorial Team15 Sept
Analysis Breakdown: Bitcoin ( BITSTAMP:BTCUSD - 4H / 6H): Following an impulse completion, price has entered an extended corrective consolidation. After multiple failed attempts to hold short entries near the highs, the broader bias leaned bearish as price rejected upper resistance. Current structure tracks an A-B-C corrective sequence: Failure to establish acceptance above the local range keeps downside targets active toward $75,500 (Wave C), with deeper continuation levels down to $74,400. Recent aggressive sell-offs have erased weekend gains, placing BTC right back into key mid-range decision territory. Ethereum ( BITSTAMP:ETHUSD - 2H / 4H): ETH recently tapped above range highs near $2,500+ before leaving pronounced upper rejection wicks—raising significant bull trap concerns. Price is currently testing ascending channel/wedge support. A sustained breakdown below this trendline opens up retests toward $2,416 and the lower support block. Only a clean reclaim and acceptance above local resistance invalidates the downside play. [ Solana ( COINBASE:SOLUSD - 2H): Consolidating within a narrowing triangle structure around the $100–$101 level. Holding base support keeps short-term scalp upside alive toward triangle resistance, but a breakdown follows broader market weakness. Macro Catalysts: High volatility expected mid-week with upcoming US Retail Sales and the pivotal FOMC Rate Decision / Fed Press Conference. Watch for false breakouts and liquidity sweeps before committing to directional swings.
Alright, let's talk about what's happening on USELESS/USDC right now on Coinbase Advanced Spot. The European session gave us a setup that's worth breaking down — extreme order book imbalance, a volume spike, and price sitting above the key moving averages. That combo doesn't show up often. Exchange Coinbase Advanced Spot Entry Zone: 0.20590000 Target: 0.21413600 (+4.00%) Session: European (07:00–12:00 UTC) Trend Structure — Clean Bullish Backdrop Price is trading above both the 200 EMA and 200 SMA on the daily. That's the bull/bear line for me. When we're above both, I'm looking for longs, not shorts. Simple as that. Condition Status Price > 200 EMA ✅ Price > 200 SMA ✅ Order Book Imbalance: +80.8% Volume Spike: ≥2.0x ✅ Order Book — Buyers Are Dominating +80.8% buy-side imbalance. That's about as extreme as it gets. Demand is absolutely crushing displayed sell liquidity right now. What I'm seeing: Big players accumulating aggressively Sellers getting absorbed fast Price likely has to move up to find real sell pressure This kind of reading doesn't sit around for long. Either price moves, or the imbalance fades. I'm betting on the former here. When whales load up, they don't just market buy. They use iceberg orders, let volume dry up, then push. All of that is showing up in this structure. 24h Change: -0.4% 24h Volume: 48.7M Here's the interesting part price hasn't moved yet. Down 0.4% on the day with an 80% buy imbalance? That's hidden accumulation. Classic pre-breakout behavior. What I'm Watching Holding above 0.20590000 if buyers defend this, we're good Volume expanding toward 0.214136 real breakouts need participation Imbalance staying elevated if it drops, momentum stalls Reaction at target I'll consider scaling out if volume keeps pushing
📊 ETH/USD 2H — Professional Technical Analysis 🟢 Current Price: $2,480.87 | Coinbase | 2H Market structure: Neutral-to-bearish in the short term, with price currently testing an important demand/liquidity area. 🧭 1. Overall Market Structure ETH has transitioned from the previous bearish descending channel/trendline into a broader sideways consolidation. The bearish trendline was broken around Sept. 4, giving buyers temporary control. 📈 Price subsequently established a range roughly between $2,420–$2,550. A strong upside liquidity sweep pushed ETH toward $2,660, but that move was aggressively rejected. ⚠️ Since that rejection, price has been making a short-term sequence of lower highs, indicating weakening bullish momentum. Current bias: 🟠 Neutral → Bearish The key question now is whether the $2,420–$2,460 demand zone holds. 🟩 2. Demand Zone $2,420 – $2,460 This is the most important area immediately below current price. Price has repeatedly reacted around this region, making it a significant decision zone. Bullish reaction: If ETH holds this zone and produces a strong 2H bullish rejection: $2,480 → $2,520 → $2,550 → $2,610 → $2,667 🚀 A reclaim of $2,550 would significantly improve the bullish structure. Bearish reaction: If ETH loses $2,420 with a convincing 2H close: $2,400 → $2,355 This would confirm that the demand zone has failed. 💧 3. Liquidity Zone The chart identifies liquidity around: $2,405 – $2,430 This is particularly important because price could first dip into this area to collect sell-side liquidity before deciding on direction. A wick below $2,420 followed by a rapid reclaim would be a potentially bullish liquidity sweep. 🧲📈 Conversely, sustained trading below the zone would favor continuation lower. 🔴 4. Major Resistance $2,667.59 — Major Resistance This is the dominant resistance marked on the chart. ETH previously made a sharp move toward this area and was rejected. Therefore: $2,550 → $2,610 → $2,667 are the major upside obstacles. A clean 2H breakout and acceptance above $2,667 would invalidate the current bearish scenario and potentially signal a new bullish expansion. 🚀 Above $2,667 = bullish breakout territory 🟢 5. Major Support $2,355.67 — Major Support This is the major structural support shown on the chart. If the $2,420–$2,460 demand zone fails, this becomes the next major downside objective. 📉 Potential bearish path: $2,480 ↓ $2,430 ↓ $2,400 ↓ $2,355 🎯 6. Key Scenarios 🐂 BULLISH SCENARIO Condition: ETH holds $2,420–$2,460 and reclaims $2,500–$2,520. Targets: 🎯 $2,520 🎯 $2,550 🎯 $2,610 🎯 $2,667 The strongest confirmation would be a 2H close above $2,550, followed by successful retest. 🐻 BEARISH SCENARIO Condition: ETH fails to hold $2,420 and closes decisively below the demand zone. Targets: 🎯 $2,400 🎯 $2,355 Potentially lower if $2,355 breaks. The chart's projected bearish move toward support therefore makes technical sense as a scenario, but it is not confirmed until the demand zone breaks. ⚠️ 7. What I Would Watch Now Level Importance Interpretation $2,667 🔴 Extreme Major resistance $2,610 🔴 High Upside rejection/breakout level $2,550 🟠 High Short-term bullish confirmation $2,500 🟡 Medium Psychological/structure level $2,460 🟢 High Demand-zone upper boundary $2,420 🔴 Very High Demand-zone breakdown trigger $2,400 🔴 High Liquidity/support $2,355 🟢 Major Structural support 🧠 Professional Verdict ETH/USD 2H: 🟠 NEUTRAL-BEARISH ETH is currently sitting above an important demand/liquidity area, so chasing shorts directly at ~$2,480 carries less favorable positioning than waiting for confirmation. The cleanest read is: 🟢 Hold $2,420–$2,460 → bullish reaction possible toward $2,550+ 🔴 Break $2,420 → bearish continuation toward $2,400/$2,355 🚀 Break & hold $2,667 → major bullish structure shift The $2,420–$2,460 zone is the battlefield. Until ETH either decisively rejects from it or breaks beneath it, the chart remains in a consolidation/decision phase rather than a confirmed directional trend. TradingView-style idea: 📌 “Wait for confirmation at liquidity; don't predict the move—trade the reaction.” Educational technical analysis only, not financial advice.
Fin.com raised $20M to expand stablecoin payment infrastructure across South Asia, Africa and the Middle East, backed by Expa and Coinbase Ventures.
B3USD | Coinbase | 4H Potential Bullish Elliott Wave Scenario This is a tentative bullish Elliott Wave scenario based on the attached chart, not a confirmed reversal. Possible wave count: • Wave 1: the advance from approximately 0.00045 to 0.00080. • Wave 2: the subsequent pullback toward 0.00056. A wave-2 bottom has not yet been confirmed. Levels to watch: The 0.00050–0.00057 area is a potential support zone. Reclaiming 0.00065 and 0.0007364 would strengthen the recovery case, while a sustained break above 0.00080 would provide further support for bullish continuation. Conditional projections: • Wave 3: approximately 0.00113. If wave 2 ends near 0.0005592, a 1.618 extension of the assumed wave-1 advance gives a reference level near 0.001126. • Wave 4: an illustrative pullback toward 0.00092, remaining above the assumed wave-1 high near 0.00080. • Wave 5: an illustrative continuation toward 0.00130, near the 2.618 level shown on the chart at 0.0013073. These levels depend on the assumed pivots and would need reassessment as the structure develops. The displayed Fibonacci overlay and the wave-3 calculation may use different anchor points. Invalidation and alternative: A move below the assumed wave-1 origin near 0.00045 would invalidate this specific count. The previous advance could also be a corrective rally rather than the start of a new bullish impulse. Waves 3–5 represent a possible future path only. Their endpoints and placement on the time axis are illustrative, not precise price or timing forecasts. Educational scenario, not a recommendation to buy or sell https://www.tradingview.com/x/2U40vfAs ] https://www.tradingview.com/x/2U40vfAs
Hyperliquid faces potential selling pressure as Multicoin Capital and Bitwise increase exchange deposits.
AMBCrypto•Gladys Makena15 Sept
The Cathie Wood-led investment firm routinely adds and trims its crypto stock holdings throughout the year.
The Block•Danny Park15 Sept
Recently, #ARB showed a pretty impressive growth impulse, hitting the same long-term trendline for the fourth time in the past 3 years. Of course, breaking a trendline like that on the first attempt is not easy, so the current correction in OKX:ARBUSDT looks quite logical. But not everything is lost yet. There is still a pretty decent chance to catch roughly a 2x move and, at the same time, help #Arbitrum finally break out of its multi-year downtrend. 🙂 What needs to happen? Not much, really: COINBASE:ARBUSD needs to hold the $0.12–0.133 range and then try to continue the growth wave from there. If this zone holds, the scenario still looks quite workable. 💬 Realistic or not? _ _____________ ◆ Follow us ❤️ for daily crypto insights & updates! 🚀 Don’t miss out on important market moves 🧠 DYOR | This is not financial advice, just thinking out loud