David Sacks: We are fully capable of passing crypto market structure legislation with bipartisan support this year

PANews reported on September 23rd that CryptoQuant analysis showed that the realized spend-output profit ratio (STH SOPR) for short-term Bitcoin holders has plummeted below 1, indicating that short-term holders are realizing losses, a classic sign of panic selling by this group. Short-term holders are not only holding losses but are also actively selling in a capitulation manner. Based on a price of $113,000 per coin, this panic selling exceeds $3.39 billion. However, Bitcoin prices are still fluctuating around the realized price (average on-chain cost price) for short-term holders, a level that historically has provided support during periods of volatility. Notably, whales are also showing signs of pressure. New whales have realized losses of $184.6 million, while existing whales have realized losses of $26.3 million. Both groups are de-risking, which is negative for the short-term trend. Furthermore, the short-term holder MVRV is approximately 1, meaning the average position is at break-even, but the SOPR is less than 1, indicating that many are selling below cost price, reflecting panic selling by those who bought high during the recent rebound.

The post GALA Technical Analysis Jan 25 appeared on BitcoinEthereumNews.com. Today’s short-term outlook: GALA is trapped in a sideways range, with downside pressure

The post Polygon Tops RWA Rankings With $1.1B in Tokenized Assets appeared on BitcoinEthereumNews.com. Key Notes A new report from Dune and RWA.xyz highlights Polygon’s role in the growing RWA sector. Polygon PoS currently holds $1.13 billion in RWA Total Value Locked (TVL) across 269 assets. The network holds a 62% market share of tokenized global bonds, driven by European money market funds. The Polygon POL $0.25 24h volatility: 1.4% Market cap: $2.64 B Vol. 24h: $106.17 M network is securing a significant position in the rapidly growing tokenization space, now holding over $1.13 billion in total value locked (TVL) from Real World Assets (RWAs). This development comes as the network continues to evolve, recently deploying its major “Rio” upgrade on the Amoy testnet to enhance future scaling capabilities. This information comes from a new joint report on the state of the RWA market published on Sept. 17 by blockchain analytics firm Dune and data platform RWA.xyz. The focus on RWAs is intensifying across the industry, coinciding with events like the ongoing Real-World Asset Summit in New York. Sandeep Nailwal, CEO of the Polygon Foundation, highlighted the findings via a post on X, noting that the TVL is spread across 269 assets and 2,900 holders on the Polygon PoS chain. The Dune and https://t.co/W6WSFlHoQF report on RWA is out and it shows that RWA is happening on Polygon. Here are a few highlights: – Leading in Global Bonds: Polygon holds 62% share of tokenized global bonds (driven by Spiko’s euro MMF and Cashlink euro issues) – Spiko U.S.… — Sandeep | CEO, Polygon Foundation (※,※) (@sandeepnailwal) September 17, 2025 Key Trends From the 2025 RWA Report The joint publication, titled “RWA REPORT 2025,” offers a comprehensive look into the tokenized asset landscape, which it states has grown 224% since the start of 2024. The report identifies several key trends driving this expansion. According to…