Yesterday in Dubai, Peter Schiff walked on stage holding a gold bar.
CZ asked him one simple question: “Is it real?”
Schiff replied: “I don’t know.”
The London Bullion Market Association later confirmed what gold experts already know. There is only one way to verify gold with 100 percent certainty: melt it.
Verification requires destruction.
Bitcoin does not.
It self-verifies in seconds. No experts. No labs. No trust.
A public ledger secured by math, instantly checkable by 300 million people from anywhere in the world.
For 5,000 years, gold’s monetary premium came from scarcity.
But scarcity means nothing if authenticity cannot be proven.
The numbers most people never mention:
Five to ten percent of the global physical gold market is tied to counterfeit gold.
Every vault, every bar, every transfer relies on trusting someone.
Bitcoin requires trusting no one.
Gold’s market cap of 29 trillion dollars is built on “Trust me.”
Bitcoin’s 1.8 trillion is built on “Verify it yourself.”
This is not a battle between speculation and stability.
It is a full inversion of verification costs in the 21st century.
When the leading voice of the gold camp cannot verify the bar in his own hand, the argument writes itself.
Physical assets that cannot prove themselves will lose their monetary premium to digital assets that can prove themselves every 10 minutes, every block, forever.
The question is no longer “Is Bitcoin real money?”
The real question is: “Was gold ever verifiable money in the first place?”
Bitcoin Cash (BCH) declined from the $607 resistance level on Monday, indicating reduced demand at higher price points. Bears are attempting to push Bitcoin Cash below the 20-day EMA ($556). If they succeed, the BCH/USDT pair could slide to the 50-day SMA ($528) and continue down to $508.
Conversely, buyers will need to defend the 20-day EMA and push the price above $607 to maintain their advantage. The pair could then climb to $615 and continue to $651, where bears are expected to emerge.
Cardano (ADA) broke above its 20-day EMA ($0.44) on Tuesday, indicating that selling pressure is easing.
The bulls will attempt a recovery by pushing the Cardano price above the 50-day SMA ($0.51). If they succeed, the ADA/USDT pair could climb to $0.60 and then to $0.70.
Conversely, if the price drops sharply from the breakout of $0.50 and slips below the 20-day EMA, this would indicate that the bears have turned this level into resistance. The pair could then fall to $0.37.
Crypto market steadies after FOMC rate cut as BTC and ETH attempt early rebound
The crypto market delivered a steady, constructive reaction on 10 DEC after the FED cut rates by 25bps. In his press conference, Chair Jerome Powell acknowledged rising labor-market risks and reiterated a data-dependent approach to future easing. Major assets like Bitcoin and Ethereum traded calmly, signaling that participants are still evaluating whether this move marks the start of a broader 2026 easing cycle.
Crypto market cap edges higher
Total crypto market capitalization drifted upward following the announcement and gained additional momentum after Powell’s remarks, reclaiming the $3.26T region. This mirrors typical early-stage post-FOMC behavior—capital rotates back into risk assets, but without confirmation of multiple cuts, positioning remains selective.
Altcoins follow with a controlled bounce
Altcoins also posted a late-session grind higher, pushing their market cap toward $1.46T. Sentiment improved, but remained far from euphoric—consistent with Powell’s cautious tone and the market’s wait-and-see stance.
BTC holds $92,000 as RSI trends higher
BTC briefly dipped after the statement before recovering to around $92,297. Its RSI has climbed toward neutral-bullish levels near 50, suggesting improving momentum, though resistance levels remain intact. Two macro factors are supporting price: the Fed acknowledging downside employment risks and the growing expectation of additional cuts if labor softens.
Ethereum leads with cleaner structure
ETH outperformed, closing near $3,335 with an RSI around 58. Whale accumulation, stronger technical structure and expectations of higher-beta performance if liquidity improves have positioned ETH as a potential early leader if easing accelerates.
Market takeaway
The reaction was constructive but restrained. Crypto market caps edged higher, BTC stabilized, and ETH gained strength. Traders now await confirmation on whether this cut is a one-off or the first step of a 2026 easing cycle.
Greed spikes into the FOMC window – Can Bitcoin avoid another sentiment trap?
Retail is bidding Bitcoin aggressively ahead of the FOMC—but is this exactly why greed is spiking now? $BTC traded between $92,700 and $93,000 through the session and held above the 4h EMA Ribbon. That kept the short-term bias slightly bullish. Even so, repeated rejections near $94,000 showed hesitation as buyers struggled to gain control at the first supply zone.
This zone remained a major directional pivot. A clear break above it could have opened room for continuation. By contrast, another rejection reinforced the view that momentum was fading despite retail enthusiasm. Retail FOMO surge and sentiment shift According to Santiment, mentions of “higher” and “above” climbed across X, Reddit, and Telegram as Bitcoin recovered from earlier weakness. Retail confidence surged as prices flattened, echoing earlier periods where FOMO spiked before corrections.
hat mattered because markets often moved opposite to retail positioning. While FOMO strengthened, Bitcoin stalled instead of extending, showing that emotional buyers stepped in late as momentum cooled. What the bearish RSI divergence suggests RSI Divergence showed lower highs on the indicator while Bitcoin attempted to push higher. That pattern often hinted at weakening strength even when the price held key levels. Having said that, buyers continued to react each time RSI dropped into mid-range territory. That response protected the broader structure, but it did not erase the caution implied by momentum signals. Could a supply zone tap lift BTC? A decisive move through $96,500 could have invalidated hesitation near $94,000 and opened the path toward a $100,000 reclaim. If buyers gained control there, the upper target near $105,000 might have come back into view. Failure to clear the zone kept attention on nearby support. With divergence still in play, losing support would have confirmed that exhaustion outweighed retail optimism at this stage.
BitMine now holds 3.86 million ETH after accumulating an additional 33,504 ETH.
Lookonchain reported that BitMine Immersion Technologies purchased 33,504 ETH worth approximately $112 million from FalconX in just six hours, continuing the institution's strong accumulation trend. BitMine, chaired by Fundstrat co-founder Tom Lee, is currently the largest public company holding ETH in the market, with over 3.86 million ETH following a recent series of purchases exceeding $400 million.
This move reflects Tom Lee's optimistic view that Ethereum has bottomed out amidst the volatile 2025 market. The rapid accumulation, occurring precisely as ETH recovers from its low price range, demonstrates growing institutional confidence in the network's long-term value. On-chain data also shows reduced selling pressure from exchanges, creating a more favorable environment for accumulation.
Hyperliquid (HYPE) closed below the $29.37 support level on Tuesday, but lower levels are attracting buyers. The RSI is showing early signs of a bullish divergence, signaling easing selling pressure. The HYPE/USDT pair is expected to strengthen if buyers push the price above the 20-day EMA ($32.53).
Conversely, if Hyperliquid's price falls from its current level or the 20-day EMA, this suggests bears will continue selling as prices recover. This increases the risk of a drop to the October 10th low of $20.82.
Chainlink's (LINK) recovery is facing selling pressure at the 50-day SMA ($14.84), indicating that bears are active at higher price levels.
Bulls are expected to defend the 20-day EMA ($13.79) on the way down, as a break below this level could send LINK/USDT to the crucial support level of $10.94.
If the price rebounds from the 20-day EMA, the likelihood of a break above the 50-day SMA increases. If that happens, Chainlink could regain momentum and rise to $16.90, then to $19.06. This suggests the pair may remain within the large range of $10.94 to $27 for some time longer.
Buyers successfully defended the $0.14 support level but struggled to hold the price above the 20-day EMA ($0.15).
If the price drops sharply from the 20-day EMA and breaks below $0.14, it indicates that the bears are still in control. In that case, DOGE could fall to as low as $0.10 on October 10th.
Conversely, if buyers push the price above the 20-day EMA, DOGE/USDT could rise to the 50-day SMA ($0.16). This is a crucial level that bears need to defend, as a break above this level would pave the way for a price rebound to $0.21.
Buyers are trying to hold SOL above the 20-day EMA ($138), but bears remain resilient.
The flat 20-day EMA and RSI just below the midpoint suggest weakening bearish momentum. If buyers break through resistance at the 20-day EMA, SOL/USDT could rise to the 50-day SMA ($154) and then to $172.
Conversely, a break and close below $126 signals a further decline in Solana's price, potentially falling to $110 and then to solid support at $95.
BNB is witnessing an intense battle between bulls and bears at the 20-day EMA ($894).
The 20-day EMA is flat and the RSI is just below the midpoint, indicating a balance between supply and demand. The BNB/USDT pair could fluctuate between $791 and $1,020 in the next few days.
Buyers need to push the price of BNB above $1,020 to signal that the correction phase may be over. At that point, the pair could rise to $1,182. Conversely, a break below $791 could send the price down to $730.
Ether has recovered to $3,332, touching the breakout level of $3,350, indicating strong buying pressure at lower levels.
The 20-day EMA ($3.116) is sloping upwards, and the Relative Strength Index (RSI) is in positive territory, signaling that the bulls are attempting a comeback. A close above $3.350 would pave the way for a rally to $3.659 and then $3.918.
Sellers would need to push the price of Ether below the 20-day EMA to maintain their advantage. If they succeed, $3.350 would become resistance. The ETH/USDT pair could fall to $2.716.
BTC closed above the 20-day exponential moving average (EMA) at $91.583 on Tuesday, but bulls failed to hold above the $94.150 resistance level.
If Bitcoin bounces off the 20-day EMA and closes above $94.589, it suggests a potential upside move towards $100.00. Sellers are expected to strongly defend the $100.00 level, as a close above this could push the BTC/USDT pair to $107.000. This would indicate the correction phase may be over.
Conversely, if the price falls sharply and breaks below $87.719, it would suggest bears are still selling on the upside. The pair could then slide to $83.822.
Will the cryptocurrency market benefit from Trump's control over the Fed?
The prospect of a “Trump-led Fed” is quickly emerging as a major macro theme for 2026, with analysts warning that markets may be underpricing its potential impact on global liquidity—and crypto. Macro commentator plur daddy highlighted that such a nonlinear, disruptive shift could trigger outsized moves, noting bets on gold as a hedge. Former Fed trader Joseph Wang (“Fed Guy”) echoed concerns, suggesting the current administration’s push for lower rates could spark rallies in equities, with spillover potential for risk assets like crypto.
Markets have yet to fully price in this scenario. Yield curve signals show tension between short-term T-bills and long-term bonds, reflecting uncertainty over policy direction. Plur daddy identifies three key levers the administration could use to ease financial conditions without formal QE: easing bank regulations to boost Treasury demand, shortening bond maturities to improve market absorption, and leveraging GSEs to buy MBS, transmitting loose policy into the housing market.
In the short term, volatility and limited liquidity make crypto a tricky environment. Bitcoin may see some upside from improved bank reserves and lower term premiums, but structural supply-demand imbalances remain a hurdle.
Looking ahead, policy interventions like OBBBA expansions and T-bill buybacks could relieve funding stress, indirectly supporting crypto. Still, the expectation is for an extended period of consolidation and accumulation rather than a dramatic breakout. Traders should watch liquidity flows and risk-on shifts carefully, as crypto stands to benefit if macro conditions steadily normalize.
$XRP Analysis : 350 Million XRP Changes Hands as Bigger Whales Take Over Amid Price Downtrend
XRP whale activity shows notable shifts in supply distribution. Mid-sized wallets holding 1M–10M XRP offloaded over 330M XRP in the past four days, signaling skepticism among these holders. Interestingly, this selling pressure did not flow to exchanges or retail traders.
Instead, larger whales with 10M–100M XRP absorbed the supply, increasing their combined holdings by 350M XRP—worth roughly $729M. This accumulation suggests confidence from deep-pocketed investors, often stabilizing the market when sentiment wavers.
Despite this on-chain reshuffling, XRP’s macro picture remains challenged. Active addresses have dropped to a three-month low of 37,088, indicating waning user engagement and muted network activity. Lower participation constrains liquidity, slowing any recovery despite whale accumulation.
XRP is currently trading around $2.08, continuing a month-long downtrend. Price has oscillated between $2.02 and $2.20, reflecting consolidation and lack of momentum. Mixed whale signals combined with weak network activity imply XRP may stay rangebound in the near term.
A break above $2.20 could pave the way to $2.36, marking a potential recovery attempt. However, failure to build bullish sentiment may push XRP below the $2.02 support level, risking further downside. For now, market participants should watch whale accumulation trends and network activity closely, as they will likely dictate XRP’s short-term trajectory.
XRP’s path forward hinges on whether large holders can sustain accumulation and if trading activity can pick up to support a meaningful breakout.
XRP News: Gemini Adds RLUSD Support on XRPL for Faster Payments
Gemini now supports Ripple’s stablecoin RLUSD on the XRP Ledger (XRPL), enabling faster, cheaper cross-chain transfers with a single balance—no separate wallets or settlement layers needed. Users can deposit RLUSD on XRPL and withdraw on XRPL or Ethereum, simplifying multi-chain activity and improving transfer predictability.
The move aligns with Ripple’s multi-chain RLUSD expansion, leveraging XRPL’s low fees and near-instant transactions. Gemini highlights that this integration enhances convenience for both beginners and seasoned traders, offering multiple settlement paths in one balance.
Ripple executives and the community have welcomed the update, emphasizing XRPL’s utility for stablecoin adoption. Recent approvals, like RLUSD’s entry into Abu Dhabi markets, underscore growing adoption momentum.
This partnership follows previous initiatives, including the RLUSD settlement card, and points to a broader trend: XRPL is becoming a key rail for stablecoin payments and global financial settlement efficiency. Rising interest in RLUSD and XRPL’s strengths could drive higher stablecoin demand in 2026.