Tag: CRYPTOS FoxBusiness

The European Central Bank (ECB) plans to invest a small portion of its reserves in tokenized securities, giving the central bank direct exposure to blockchain-based financial markets.

The purchase would be settled through Pontes, the new Eurosystem platform, which allows wholesale transactions to settle in central bank money. The platform essentially bridges the ECB’s payment system to blockchain-based financial markets. The plan to invest in tokenized securities and Pontes reflects a more significant bid by central banks in the EU to adapt to the increasing use of blockchain in finance.

The ECB intends to test the technology as an investor, from buying tokenized bonds to settlement and portfolio management.

“Pontes brings the stability and trust of central bank money to the European tokenized finance ecosystem,” said Piero Cipollone, member of the ECB’s executive board. “It will give an important advantage to help it scale.”

The ECB’s initial investments would focus on euro-denominated securities issued by euro-area governments, regional authorities, agencies and European supranational institutions.

MemeCore is being judged by a live market near $1.13, while MemeToro is being judged by what its AI memecoin launchpad could become. This makes a direct price comparison difficult, but it also shows why both projects are getting attention. MemeCore has an established token with visible support and resistance levels.

For $MT to challenge MemeCore’s momentum, it will need more than a strong presale. It needs useful tools, a working AI agent, secure smart contracts, and real users who want to launch or trade memecoins through the platform.

The potential is large because utility can create demand, but execution remains the deciding factor.

How MemeToro Wants to Create $MT Utility

MemeToro is designed as more than a single meme token. The project plans to use an AI agent to guide the setup of new memecoin launches on $BNB Chain. The agent is intended to work with defined settings, evidence-linked inputs, and fixed funding choices instead of vague promises.

$MT is planned to support access, platform transactions, launch funding, staking, rewards, and other ecosystem features. The project also describes future memecoin trading, prediction markets, and a news portal. These features are planned, not all live today, so buyers should separate current presale facts from future goals.

The utility case depends on a simple chain:

• creators use the launchpad
• activity creates a reason to hold or use $MT
• transparent rules help build user trust
• wider usage may support long-term demand

That is a more detailed value plan than pure meme hype. If MemeToro turns those plans into a working product, $MT could have a use case that reaches beyond short-term price speculation.

MemeCore’s $1.13 Momentum Is Already Being Tested

MemeCore’s M token has traded near $1.13, which gives it a clear advantage in market visibility. Traders can watch price action in real time and use chart levels to make decisions. A support zone around $1.1065 has been highlighted by market models, while the $1.20 to $1.25 area is a key resistance band.

If M moves above resistance with strong demand, traders may see a stronger momentum signal. If it loses support, the market may become more cautious. Some forecast models point to $1.76 over a 12-month period, but forecasts are based on assumptions and can fail quickly in volatile memecoin markets.

MemeCore does not need to prove that its token can trade. It already trades. MemeToro has the opposite task. It needs to prove that its AI launchpad can work in public, attract creators, and provide a reason for users to return after the presale.

Why AI Launchpad Utility Could Give $MT a Different Path

MemeToro is not trying to copy MemeCore’s existing price chart. It is trying to create a different reason for buyers to care about $MT. Its public fair-launch code is designed to lock creator settings, stop insider allocations, and direct launch funds only toward refunds or liquidity under the contract rules.

The planned AI agent could make this system easier for ordinary creators to use. Instead of writing every token rule by hand, users could receive help setting supply, funding, and distribution choices. That could lower the barrier for newcomers while keeping core rules visible.

Important work remains before this becomes a live advantage:

• testnet deployment on $BNB Chain
• real liquidity execution
• AI manifest connection
• independent security review

If these steps are completed well, MemeToro presale could stand out as an infrastructure play within the memecoin market. That is an ambitious path, and it carries early-stage risk. Still, real utility is often a stronger long-term story than hype alone.

FAQs

Is $MT priced like MemeCore today?

No. $MT is in a presale at $0.00430, while MemeCore trades in the open market near $1.13. The prices alone do not show which project is larger or better.

What is the main planned use of $MT?

$MT is intended for access, launch funding, transactions, staking, rewards, and other planned MemeToro ecosystem functions.

Does an AI agent guarantee better launches?

No. An AI agent can help organize choices, but smart contract security, user demand, and clear launch rules are still essential.

More Information on MemeToro ($MT) Presale Here:

Website: https://memetoro.com/

X: https://x.com/memetoro_mt

Telegram: https://t.me/memetoro_mt

YouTube: https://www.youtube.com/watch?v=gY0jgWy_DtA

Shiba Inu is attempting one of its more important technical breakouts in months, with $SHIB finally challenging the long-term resistance that has capped its recovery since the summer.

Shiba Inu pushes through

$SHIB currently trades around $0.00000571, following an intraday push to approximately $0.00000579. The critical development is the interaction with the black long-term moving average on the daily chart. This level has been declining for months and has repeatedly functioned as an overhead barrier. $SHIB has now pushed marginally above it, putting the market in a position to confirm a broader trend change.

The rest of the moving-average structure has already improved considerably. $SHIB trades above its shorter moving averages clustered around $0.00000505–$0.00000525, while those averages have started turning upward. The RSI has climbed above 60 but remains below overbought territory, giving the breakout some room before momentum becomes excessively stretched.

Volume has also expanded during the latest advance, although it remains below the extreme spikes accompanying some previous $SHIB breakouts.

Exchange data introduces one significant risk. Exchange reserves increased 0.14%, while total netflow rose 1.06%. Total inflows increased 0.86%, compared with a 0.73% increase in outflows. More notably, the seven-day moving average of mean exchange inflows jumped 24.12%.

That does not automatically mean investors are preparing to sell, but increasing exchange deposits generally increase the amount of $SHIB immediately available for trading and potential distribution. It therefore creates additional supply-side pressure precisely as $SHIB tests an important resistance level.

Major target is next

Technically, confirmation now matters more than the initial breakout. $SHIB needs to maintain daily closes above roughly $0.00000560–$0.00000570. If it succeeds, the next target becomes $0.00000600, followed by the previous spike around $0.00000620.

Failure to hold the breakout would put $0.00000540 back into focus. Below that, the moving-average cluster around $0.00000500–$0.00000520 provides considerably stronger support.

$SHIB has therefore cleared the first major obstacle, but the breakout is not yet comfortably established. Holding above the long-term moving average while absorbing rising exchange inflows would provide much stronger confirmation than the initial move alone.

Ethereum’s latest breakout extends a trend that has steadily shifted support higher. The recent pullback at $2,560 and a brief test of lower support at $2,550. Following this, buyers re-entered the market, pushing the price to a new high in the $2,600 to $2,700 range.

The move accelerated between the 20th and the 21st of September as Ethereum [$ETH] reached $2,712 before declining slightly, settling around the $2,700 level. Volume also increased during this time, indicating greater participation in the increase.

Meanwhile, RSI climbed to 68.66, approaching overbought territory. Despite that, it did not cross that threshold, which is above 70. A sustained move above $2,700 would reinforce the breakout and keep higher resistance levels within reach.

The current strength indicates the potential for a short-term cooling after the large gain. However, the structure still appears supportive so long as $2,560 continues to hold.

$ETH whale demand strengthens

Ethereum’s recent breakout has attracted significant spot demand from larger holders, adding depth to the move above $2,700. Wallet 0x4cee purchased 7567 $ETH worth approximately $19.9 million after transferring stablecoins to Binance.

This purchase stood out due to the fact that the same wallet sold 10500 $ETH a month ago for an average price of about $2252 per $ETH.

The buyer secured $3.66 million in profits on that sale. This indicates that the trader is more convinced of an upside potential than during the earlier sale.

Notably, the recently purchased $ETH was transferred from Binance, reducing the supply immediately available for resale. As such, this represents a much stronger positive demand indicator than if the investor had established a leverage position.

If similar accumulation continues, whale buying could reinforce the breakout and help $ETH sustain prices above $2,700.

Can $ETH hold $2,700?

Ethereum’s breakout now faces a derivatives market that supports momentum without showing excessive leverage. Hyperliquid holds roughly $3 billion in $ETH Open Interest, yet funding remains slightly positive.

On the other hand, short liquidation volumes reached $170 million as Ethereum forced short-sellers to buy back their positions during the upward breakout through $2,700.

When prices surged past resistance, forced market orders from liquidated short positions acted as secondary buying pressure. As a result, they accelerated the upward momentum toward $2,712.

In turn, buying pressure will increase the upward speed of prices, but it may fade as soon as all shorts are liquidated. As a result, $ETH will need to get spot buyers to replace that temporary demand and defend $2,700

Whale accumulation strengthens this setup, while mixed ETF flows leave confirmation incomplete. Holding $2,700 could open $2,760. Consequently, if it loses $2600, it could lead to weakened momentum.

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Final Summary

Hana Bank issued a $100 million digital bond through Euroclear’s blockchain settlement platform, completing the transaction the same day, the Yohnap Agency reported Monday.

This was the first time a Korean financial institution directly used the international depository’s distributed ledger infrastructure, the bank said, ranked second in South Korea with nearly $500 billion in client assets under management. Euroclear is a Brussels-based financial services company and one of the world’s largest central securities depositories (CSDs).

It shows how tokenization could make capital markets faster and more efficient. In this case, a traditional multi-day bond settlement process was replaced with same-day settlement on a distributed ledger.

“The $100 million digital bond issuance and implementation of T+0 settlement represent a significant step beyond simply diversifying our funding channels, as they bring blockchain technology into the capital market,” a Hana Bank official said, according to the Korea Herald. “We will continue to adopt advanced infrastructure and explore innovative funding solutions that meet the needs of global investors.”

Hana Bank and Euroclear did not immediately respond to a CoinDesk request for information.

Crypto markets are demonstrating robust resilience to start the week, with bitcoin

BTC$83,915.85

approaching the $84,000 threshold, for the time being at least shrugging off the immediate hawkish sentiment from last week’s Federal Reserve rate hike, which pushed the benchmark target to 4.00%.

The macro calendar centers on midweek U.S. jobless claims and housing and durable goods figures. Meanwhile, cross-asset markets continue to digest the policy path following recent rate decisions from the Bank of Japan and Bank of England.

On the market structure front, attention centers on the SEC opening its tokenized securities pilot framework.

What to Watch

(All times ET)

• Crypto
  • Sept. 22: The SEC’s conditional 5-year exemption window opens, allowing select institutional venues to begin pilot trading of tokenized stocks directly on public blockchains.
• Macro
  • Sept. 24, 8:30 a.m.: Canada Retail Sales MoM for August est. -0.8% (Prev. 0.6%)
  • Sept. 24, 8:30 a.m.: U.S. Initial Jobless Claims for period ending Sept. 19 est. 201K (Prev. 196K)
  • Sept. 24, 10:00 a.m.: U.S. New Home Sales for August est. 700K (Prev. 739K)
  • Sept. 25, 8:30 a.m.: U.S. Durable Goods Orders MoM for August est. -0.3% (Prev. 1.1%)
  • Sept. 25, 10:00 a.m.: U.S. Michigan Consumer Sentiment Index Final for September est. 47.8 (Prev. 51.7)
• Earnings

Token Events

• Governance votes and calls
  • Lido DAO is voting on a proposal to authorize a contingent $LDO centralized-exchange liquidity market-making mandate—budgeting up to $1.5 million in recallable $LDO and 480,000 USDC, to maintain orderbook depth and prevent potential exchange delistings. Voting ends Sept. 21.
  • Uniswap Governance is holding a temperature check on extending its protocol fee collection and UNI burn infrastructure to Arc, an L1 network built by Circle. Voting ends Sept. 23.
  • CoW DAO is voting on a redesign of its solver quote competition, setting aside a dedicated quote reward budget equal to 10% of protocol revenue to improve price routing and order conversion. Voting ends Sept. 25.
• Unlocks
  • Sept. 21: Canton

    CC$0.1127

    to unlock 0.38% of its circulating supply worth $17.17 million.

  • Sept. 22: TON (TON) to unlock 1.3% of its circulating supply worth $51.2 million.
  • Sept. 23: Humanity

    H$0.07641

    to unlock 14.7% of its circulating worth $20.8 million.

• Token launches
  • No confirmed major token launches.

Conferences