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Bitcoin Rebounds as Bulls Eye Breakout Toward $115,000 Amid Market Uncertainty

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Bitcoin has regained momentum coming out of the weekend, showing resilience after a sharp pullback.

The flagship cryptocurrency climbed back to $113,453 at the time of reporting, rebounding from a slump that took it down from a recent high of $114,743 to a low of $112,608.

The recovery follows a deeper dip near $108,000, where Bitcoin staged a bounce that carried it above the $113,000 mark. Bulls are now working to reclaim the $115,000 level, although momentum has weakened as sellers push back. While the rebound eased immediate pressure, uncertainty remains as the market keeps a close watch on global macroeconomic risks.

Despite the mixed signals, expectations of further gains are growing. Crypto analyst Arman Shabanndescribed Bitcoin’s current trajectory as bullish, citing the formation of a clear ascending channel.

According to his analysis, Bitcoin has been moving within this channel and recently bounced off strong support in the $108,000–$109,000 region. Shabann suggested that the market has now entered a natural correction phase, with the midline of the channel serving as the key level for determining the next move.

If Bitcoin trends lower, a retest of support around $105,000 remains possible. Shabann argued that such a move would set up another rebound, offering an ideal entry point for traders. In a bullish scenario, holding the upper boundary of the channel could trigger a strong continuation of the uptrend, with the analyst projecting a rally of over 30%—potentially lifting Bitcoin as high as $156,000. Conversely, a break below $105,000 would hand control back to the bears, exposing the psychological $100,000 region.

Another voice in the market, top crypto analyst Maartunn, flagged a significant development on Bybit, where the Taker Buy/Sell Ratio surged to 24.26, the highest since September. This spike indicates an aggressive wave of long positions, a signal often associated with strong bullish intent.

Bitcoin’s market structure is “just clean,” said crypto analyst Matthew Hyland, referring to a double bottom in the daily time frame and a potential breakout from an inverse head-and-shoulders pattern.

“Entering Q4 post halving where BTC has found cycle highs historically”. As Cointelegraph reported, BTC price may rally toward the $140,000 range next if the resistance between $112,000 and $114,000 is broken.

The coming days will be pivotal as Bitcoin tests the $115,000 resistance zone. A decisive breakout could validate bullish positioning and pave the way toward $117,500, while failure to clear resistance may trigger profit-taking or liquidations, dragging prices back toward $110,000. A confirmed move above $117,500 would also break the current lower-high structure, potentially opening the path to retesting $120,000 and higher.

For now, market sentiment leans bullish, particularly as Bitcoin appears set to close September in positive territory, up 4.5% around $113,100. Historically, a green September has often preceded strong year-end rallies, adding weight to optimistic projections for the months ahead.

Future Outlook

Despite Bitcoin price retracement and bullish price projection, risks still linger. The looming threat of a U.S. government shutdown is keeping traders cautious, as risk assets like Bitcoin tend to react sharply to political and fiscal uncertainty.

With the deadline approaching, volatility is expected to increase, making the next moves in Bitcoin’s price action all the more crucial.

Binance Launches Crypto-As-A-Service (CaaS) Bridging TradFi and Crypto

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Binance, the world’s largest cryptocurrency exchange by trading volume, announced the launch of Crypto-as-a-Service (CaaS), a white-label infrastructure solution aimed at enabling traditional financial institutions (TradFi) like banks, brokerages, and stock exchanges to quickly integrate crypto trading services for their clients.

This move positions Binance as a key infrastructure provider, allowing institutions to leverage its backend without building costly in-house systems, amid surging client demand for digital assets.

CaaS provides a turnkey platform with the following core components: Access to Binance’s spot and futures markets, plus internalized trading where institutions can match client orders internally for better pricing and revenue retention, with fallback to Binance’s global liquidity pools.

CaaS is secure, compliant storage and settlement tools tailored to regulatory needs across jurisdictions. Built-in KYC/AML, risk management, and reporting to help institutions meet local regulations while offering branded crypto services.

Institutions can rebrand the service as their own, routing orders through their systems for a seamless user experience. Maximizes revenue by matching orders in-house

CaaS starts from September 30, 2025, for select licensed banks, brokerages, and exchanges, including private demos and direct support from Binance’s institutional team. Broade rollout is planned for later in Q4 2025, expanding to more qualified global institutions.

Binance’s Head of VIP & Institutional, Catherine Chen, emphasized: The demand for digital assets is growing faster than ever, and traditional financial institutions can no longer afford to be on the sidelines. However, building crypto capabilities from scratch is complex, costly, and can be risky. That’s why we created Crypto-as-a-Service — a turn-key solution that provides institutions with trusted, ready-made infrastructure.

This launch follows Coinbase’s similar offering in June 2025, intensifying competition to onboard TradFi players into crypto. Analysts see it as a bullish signal for mainstream adoption, potentially accelerating tokenization and hybrid financial products.

BNB’s price saw an uptick post-announcement, reflecting market optimism. CaaS could lower barriers for institutions, driving wider crypto accessibility while boosting Binance’s ecosystem revenue through infrastructure fees.

CaaS lowers the technical and regulatory barriers for TradFi institutions to offer crypto trading, custody, and settlement services. This could lead to a wave of banks and brokerages integrating crypto, meeting growing client demand for digital assets.

Institutions can avoid the high costs and risks of building in-house crypto infrastructure, making entry faster and more cost-effective.
Internalized trading allows institutions to retain more revenue by matching client orders in-house, with Binance’s liquidity as a fallback.

Offering branded crypto services could attract new clients and increase engagement with existing ones, especially younger, crypto-savvy investors. CaaS’s built-in KYC/AML and risk management tools help institutions navigate complex regulatory landscapes, reducing compliance risks across jurisdictions.

This could encourage more conservative institutions to enter the crypto space, particularly in regions with stringent regulations. By positioning itself as a critical infrastructure provider, Binance diversifies its revenue beyond trading fees, capturing income from institutional service fees.

Competing directly with Coinbase’s similar offering, Binance reinforces its dominance in the crypto exchange market. Increased institutional adoption through CaaS could drive higher trading volumes on Binance’s platform, boosting liquidity and potentially supporting BNB’s price.

The service may accelerate the development of hybrid financial products, like tokenized assets, as TradFi integrates with DeFi. Binance’s entry into the white-label space intensifies competition with other exchanges and custody providers, potentially driving innovation and better pricing for institutions.

As more banks and brokerages adopt CaaS, retail investors will gain easier access to crypto through familiar platforms, potentially driving mainstream adoption. This could lead to higher market participation, increasing demand for major cryptocurrencies like Bitcoin and Ethereum.

Institutional entry via CaaS could bring more stable capital flows and reduce volatility in crypto markets, as TradFi clients typically have larger, longer-term investments. Access to Binance’s deep liquidity pools ensures better pricing and execution for end-users.

Centralization concerns may arise, as Binance’s infrastructure dominance could give it significant control over institutional crypto flows. Regulatory scrutiny may increase as more TradFi players enter crypto, potentially leading to tighter rules that affect retail investors.

CaaS could accelerate the convergence of traditional finance and decentralized finance, fostering hybrid products like tokenized securities or crypto-backed ETFs. This may spur innovation in financial services, such as real-time settlement or programmable assets.

While CaaS includes compliance tools, evolving global regulations could complicate adoption or impose new costs. Institutions relying on Binance’s infrastructure may face risks if the exchange encounters legal or operational issues, given its past regulatory challenges.

Binance’s CaaS could be a game-changer, accelerating crypto’s integration into mainstream finance by enabling TradFi institutions to offer crypto services efficiently. It strengthens Binance’s ecosystem, boosts market liquidity, and enhances accessibility for retail investors.

Nigeria’s True Independence: A Call for Leaders to Restore the Promise of 1960

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Today, I want to wish everyone a “Happy Independence Day” in Nigeria. Our nation needs leaders to “restore the dignity of man [and woman]” with the fierce urgency of service. Yes, leaders who are unimpeachable, diligent, and pragmatic, with traits of decency, honor and service. With them, Nigerians will rise to the mountain-top, experiencing the unbounded promise of Oct 1, 1960 as the Green White Green rose even as the British’ Union Jack was lowered.

Yes, leaders who can engineer Nigeria into rebirth and restoration to offer a prosperous nation that is colorful, fluidic, vibrant, and open for innovative changes. Political independence happened, and today we celebrate that sovereign liberation from Britain. But the fangs of evil are still evident around the land as corruption, tribalism, and nepotism are derailing a once-dynamic nation, pushing it into a miry clay. Nigeria must be independent from them before Nigeria can experience the true promise of Independence. Yes, the promises of the RISE of all, and not just a few.

We need Leaders – people of integrity, broad knowledge, enormous vision and solid experiences; those who can stimulate more vibrancy in the private sector and move the public sector out of its current stasis. With that leadership, Nigeria will witness changes in trade, education, commerce, etc as a battalion of knowledge workers, built on our young people, emerges to give us the needed clout in the global arena.

Nigeria has worked for me. There is nothing a young man would have wanted in a nation it did not offer. As a three-time University Scholar in FUTO, it took care of tuition and months before graduation, it provided jobs. I remain thankful. But I know not many have my testimony. And that is why we must work harder to scale abundance and promise.

Indeed, believe that one day LEADERS will emerge for the land of promise to blossom, and for all men and women to experience unbounded opportunities. All Nigerians deserve independence from poverty; that must be the pursuit for all. Let’s work towards it; happy independence day.

How to Write Supply Proposal for Healthcare Sector

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Writing a supply proposal for healthcare organizations requires more than a list of products and prices. Hospitals and clinics expect clarity, professionalism, and assurances that the supplier understands the unique pressures of the medical environment. A strong proposal must balance technical detail with persuasive presentation, giving healthcare administrators confidence that the partnership will deliver lasting value. The following guide outlines how to structure and develop an effective supply proposal tailored for the healthcare sector.

Understanding the Procurement Context

Every successful proposal begins with a recognition of the challenges faced by healthcare institutions. Hospitals must balance limited budgets with urgent demand for reliable equipment and furniture. Local supply chains may not always provide the needed quality, while international sourcing can be expensive and time consuming. A compelling proposal starts by acknowledging these realities and presenting your company as a solution to these constraints. Position your organization as a partner that helps healthcare providers save time, reduce costs, and secure dependable supplies without compromising on standards. By framing your company as a strategic ally, you appeal directly to the concerns of procurement officers.

Presenting the Company Profile

The opening sections of the proposal should build trust. Provide a concise overview of your company’s background, areas of expertise, and geographic reach. Highlight prior experience in serving healthcare institutions or similar organizations to demonstrate credibility. If your company has operational presence across multiple regions, explain how this strengthens your ability to deliver. Instead of overwhelming the reader with corporate history, focus on achievements that matter to healthcare clients, such as successful installations, efficient maintenance support, or consistent delivery track records. Emphasize the resources and systems that enable you to provide a wide range of equipment and furniture while maintaining high service standards.

Describing the Product Range

Once credibility has been established, shift attention to the products and solutions you can provide. Group items into broad categories that make sense for healthcare buyers. For instance, list furniture such as beds, examination couches, trolleys, stools, bedside cabinets, and reception chairs. Then outline medical equipment including diagnostic tools, surgical kits, autoclaves, stretchers, mobility aids, and first aid kits. Finally, mention supporting accessories such as linen receivers, food trolleys, washbasins, and folding beds. The goal is to show both range and depth without overwhelming the reader with highly technical specifications in the main text. Instead, summarize benefits like durability, ease of cleaning, adjustability, or patient comfort. If detailed technical descriptions are essential, place them in an annex or catalogue that accompanies the proposal. This keeps the main document accessible while still providing complete information for technical staff.

Structuring Delivery and Support

Procurement managers are not only interested in what is being supplied but also how the supply will be managed. Your proposal should therefore explain delivery methods in practical terms. Offer clear approaches such as priority delivery for essential items and continuous flow supply for recurring needs. This shows flexibility and readiness to adapt to hospital schedules. Alongside delivery, emphasize after-sales services. Hospitals expect suppliers to provide training, maintenance, spare parts, and warranty coverage. Clarify how your company handles technical support and how quickly assistance will be available in the event of equipment breakdown. These assurances build confidence that the relationship extends beyond the point of sale. By presenting delivery and support as part of a seamless system, you demonstrate reliability and professionalism.

Closing with Professional Engagement

The final section of a supply proposal should leave the reader convinced that collaboration with your company will improve their operations. Summarize the value offered, which includes timely access to reliable equipment, reduced procurement difficulties, and dependable support after delivery. Avoid vague statements and instead frame the engagement as a mutually beneficial partnership that supports both organizational efficiency and patient care. It is also important to mention compliance with relevant healthcare regulations and quality standards. Hospitals are cautious about risk, so demonstrating awareness of regulatory obligations reinforces trust. Conclude with a clear call to action, inviting the healthcare institution to engage further discussions or approve the proposal. Maintaining a tone of professionalism ensures that the closing reinforces your credibility rather than weakening it with unnecessary informality.

FTX Commences $1.6 Billion Third Distribution

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FTX has begun rolling out its third round of payouts, this one worth about $1.6 billion. The update came from Sunil, a well-known creditors’ advocate, who posted on X earlier today. His post also pushed back on chatter that the payout was $5 billion, which was incorrect.

The money in this round is going to both Convenience and Non-Convenience Class creditors who had completed the required steps beforehand. Payments are being handled through BitGo or Kraken, and most creditors should see the funds in one to three business days.

Recovery Rates in This Round

Large claims, those over $50,000, are getting 72.5 percent in this tranche. Together with the 5.7 percent issued back in May, these creditors now stand at 78.2 percent recovered.

Smaller claims, under $50,000, are getting 120.5 percent. It is the first time money is being sent out for this group, and the payout exceeds the original claim size.

For U.S. creditors, the recovery rate is 40 percent.

Overall, across all categories in this third round, the recovery rate comes in at 95 percent.

This follows two earlier rounds. The first began on February 18, 2025, covering small claims. The second closed on May 30 and was worth about $5 billion, aimed mainly at larger claims.

Ex-leaders of FTX

Where the Money Came From

The funds are drawn from assets recovered during the bankruptcy process. That includes $1.3 billion from shares in Anthropic, $605 million tied to Robinhood stock buybacks, 41 million SOL tokens, and a $96 million stake in SUI sold to Mysten Labs.

Creditors are being paid in U.S. dollars based on what their accounts showed when FTX collapsed in November 2022. Some have pointed out that had repayments been made in crypto, the returns might have been higher because of recent rallies in digital assets.

Security and Requirements

FTX has reminded creditors to be alert for phishing emails and fake websites mimicking the customer portal. To get their money, claimants must finish ID checks, file tax documents, and register with either BitGo or Kraken.

Setting the Record Straight

Sunil also addressed misreporting online. Several posts had claimed that this latest distribution was $5 billion, but that number only applies to the May round.

Bankruptcy Overview

FTX filed for bankruptcy after a widespread misuse of customer funds, and on March 28, 2024, he was sentenced to 24 years in prison by a Jury in Newyork.  John Ray III has overseen the bankruptcy since, leading efforts to trace assets and resolve claims worldwide.

Administrators expect the total payout across all rounds to reach somewhere between $14.7 billion and $16.5 billion. Recovery rates vary. Small Convenience Class claims are now above 100 percent, while larger unsecured and U.S. claims remain lower.

What’s Next?

This third payout is another step toward closing one of crypto’s biggest bankruptcies. For creditors who have waited nearly three years, the steady progress is beginning to show.