💥 Bitcoin could fall to $93k

What we’ll cover today:

💥 Bitcoin could fall to $93k before bouncing

🇨🇳 China issues world’s first bond on Ethereum

🐋 Who really holds the most ETH in 2025

Bitcoin’s Pain Before the Gain? 🥴

Bitcoin dipped hard from $124k to $109k. Analysts at Bitfinex say the floor may be $93k–$95k before bouncing.

🚨 Breaking News:
BTC is down 13%. Bitfinex predicts a possible drop to $93k–$95k this month before bulls return in Q4.

⚡ Wire Simplified:

• Bitcoin dropped below $110k after a wild August peak.

• Bitfinex thinks the real support is around $93k–$95k.

• On-chain data shows buyers chilling, waiting for catalysts.

• Fed rate cuts + ETFs could boost crypto in Q4.

• Altcoins like ETH and XRP are also seeing pullbacks.

✔️ Straight to the Point:
Yes, Bitcoin could fall further, but history says September pain sets the stage for a big Q4 bounce. Stay calm.

FROM OUR FOUNDER…

The Smartest Way to Grow Your Newsletter 🚀

Tired of low-quality subs and wasted ad spend? I’ve scaled AI, fintech, SaaS, and multiple niche specific newsletters with real, engaged and high intent subscribers. Would love to do the same for you!

✅ 40%+ open rates—no bots, no junk leads.
✅ No ad management fees—just pay per engaged subscriber.
✅ First-party data & proprietary methods ensure quality.
✅ Risk-free scaling—we’ve built and grown newsletters ourselves.

📩 Want high-intent subscribers that actually engage? Let’s talk.

China’s Bond Goes On-Chain 🇨🇳➡️⛓️

Chinese state-owned Futian just issued digital bonds on Ethereum in Hong Kong. A state firm using ETH? That’s new.

🚨 Breaking News:
Futian raised 500M yuan ($70M) via blockchain bonds on Ethereum, marking the world’s first public RWA bond issuance.

⚡ Wire Simplified:

• Futian issued bonds worth 500M yuan using Ethereum.

• Two-year expiry, 2.62% interest rate.

• China banned crypto trading in 2021 but allows selective blockchain use.

• This is a finance tool, not full crypto adoption.

• Goal: attract global investors and modernize funding.

✔️ Straight to the Point:
China still hates crypto for trading, but loves blockchain for finance. Using Ethereum for bonds shows Web3 sneaking into TradFi.

Ethereum’s Biggest Whale Isn’t Human 🐋

Who owns the most ETH in 2025? Spoiler: it’s not Vitalik, it’s the Ethereum staking contract holding half the supply.

🚨 Breaking News:
The ETH2 Beacon Deposit Contract holds 66.8M ETH ($287B). Institutions and exchanges like Coinbase and Binance also dominate ETH custody.

⚡ Wire Simplified:

• Biggest ETH holder is the staking contract: 66.8M ETH.

• Coinbase holds $18B ETH, Binance ~$12B.

• BlackRock owns 3.2M ETH for its ETF.

• U.S. gov accidentally holds 60k ETH from seizures.

• Justin Bieber has 146.5 ETH (yes, really).

✔️ Straight to the Point:
Ethereum’s power sits with staking, exchanges, and institutions. It’s less about early nerds now, more about big money + real finance.