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Bitcoin Rebounds Above $112K as Institutional Demand Grows and Sentiment Shifts

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Bitcoin led a mild rebound across the broader altcoin market on Wednesday, September 3, tapping $112,500 after Wall Street opened as traders cautiously turned bullish.

The flagship cryptocurrency extended its three-day rally to reach a mid-New York session high of $112,517, according to data from Cointelegraph Markets Pro and TradingView.

BTC attempted to reclaim critical support levels, with $112,000 acting as a key liquidity zone on exchange order books. This rebound mirrored a broader risk asset recovery, with Gold rallying nearly 7% in three days to hit a new all-time high of $3,563 per ounce.

Technical Tailwinds and Key Support Levels

Bitcoin’s recovery was fueled in part by strong technical factors. On both daily and weekly charts, BTC rebounded from a crucial support zone around $108,000, which aligns with the short-term Market Value to Realized Value (MVRV) indicator.

Crypto analyst Benjamin Cowen noted that historically, Bitcoin often bottoms in September of the post-halving year before entering a Q4 cycle top. Popular trader CrypNuevo echoed this sentiment, stating on X (formerly Twitter):

“This looks like an attempt to reclaim Support 1, which would lead to a move back inside the range.”

CrypNuevo also highlighted a potential bullish catalyst on the horizon the U.S. Federal Reserve’s September 17 interest-rate decision, which could shift investor sentiment in favor of risk assets like Bitcoin.

Institutional Demand and Regulatory Clarity Drive Optimism

In addition to technical factors, rising institutional demand has fueled Bitcoin’s recent momentum. Data from BitcoinTreasuries revealed that 21 new entities added BTC to their balance sheets in the past three days, bringing the total to 314 institutions, led by Michael Saylor’s MicroStrategy.

Traditional financial institutions, including U.S. Bancorp, have also begun integrating Bitcoin to retain clients amid growing crypto adoption. Analysts believe that clearer regulatory frameworks are boosting institutional confidence and could accelerate mainstream adoption of Bitcoin and altcoins.

Whale Activity Signals Market Shift

Despite the rebound, data shows that long-term holders are becoming more active, a trend often associated with market tops or corrections. The Long-Term Holder Binary Spending Indicator has recorded a surge in activity from older wallets. Historically, such spikes occur near price peaks or before broader sell-offs.

Further, Glassnode data indicates that the average BTC balance among large wallets (100–10,000 BTC) has dropped to 488 BTC, its lowest level since December 2018. This steady decline, which began in November 2024, suggests whales are gradually reducing their exposure.

Chart Breakout Hints at Potential Recovery

Technical analyst Rekt Capital highlighted that Bitcoin has closed above a multi-week downtrend linethat has capped prices since early August.

BTC has Daily Closed above its multi-week Downtrend,” Rekt Capital noted. If BTC can hold above this trendline during a retest, it could pave the way for a stronger short-term recovery. Failure to maintain this level, however, may reignite selling pressure.

Market sentiment is showing tentative signs of recovery. According to analyst Maartunn, the Crypto Fear & Greed Index has moved from “Fear” to a neutral zone, now hovering between 39 and 46.

This suggests that the intense selling pressure following Bitcoin’s August 14 peak of $124,457 may be easing. BTC briefly dipped to $107,500 earlier this week before rebounding above $111,000.

On-chain analytics provider Bitcoin Vector characterized the recent correction as relatively shallow, implying a fragile but improving market structure.

Future Outlook

As traders weigh the possibility of a broader recovery, Bitcoin’s ability to hold above $112,000 and maintain institutional momentum will be critical in determining whether this rebound evolves into a sustained bullish phase.

Apple Developing AI-Powered Web Search Tool to Rival OpenAI and Perplexity

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Apple Inc. is preparing to enter the increasingly crowded market for AI-powered search with a new product called “World Knowledge Answers,” Bloomberg reported Wednesday.

The system, which is expected to debut next year, is being designed as an AI-driven answer engine that will compete directly with offerings from OpenAI’s ChatGPT, Perplexity AI, and Google’s new AI-powered search features.

According to people familiar with the matter, Apple plans to integrate the tool into Siri, its voice assistant, in what is expected to be a major overhaul of the product. The rollout, scheduled for spring, will later extend to Safari and Spotlight search on iPhones, enabling users to query information across the internet using natural language — a significant expansion of Siri’s long-limited functionality.

Executives describe the project as a next-generation “answer engine” that will allow Apple devices to respond conversationally to questions, summarize web content, and generate answers on the fly — capabilities already popularized by OpenAI’s ChatGPT and Perplexity, a fast-growing AI startup that has positioned itself as an AI-native search challenger.

Partnership with Google

In a sign of how aggressively Apple is racing to catch up in AI, the iPhone maker has struck a formal agreement with Alphabet Inc.’s Google this week to test and evaluate one of Google’s AI models as part of the system. The move underlines Apple’s pragmatic approach: while the company has developed its own AI models internally, it may source external technology from Google to accelerate the launch.

Apple and Google have a long-running partnership, with Google paying billions annually to remain the default search provider on Apple devices. Extending the relationship into the AI search era suggests both companies are aware of the disruptive potential of AI-native competitors such as OpenAI and Perplexity, which threaten the dominance of traditional keyword-based search.

The planned Siri overhaul is one of the most significant in the product’s 13-year history. Since its launch in 2011, Siri has often lagged rivals in accuracy and versatility, particularly compared to Amazon’s Alexa or Google Assistant. Apple hopes that by embedding generative AI and real-time web search, Siri can shift from a voice-controlled utility to a powerful, context-aware assistant.

A Familiar Apple Playbook

Apple has been criticized for dragging its feet in the AI arms race, with some analysts suggesting that it buys Perplexity to catch up. However, Apple’s strategy of arriving late to a major technological shift but then using its ecosystem to dominate has been seen before. In the early 2000s, Apple entered the digital music space after several rivals but reshaped the industry with iTunes and the iPod, locking millions of users into its ecosystem. In 2007, it was hardly the first to market with a smartphone, yet the iPhone redefined mobile computing and pushed competitors into Apple’s design-driven framework. Even with Apple Pay, the company followed established payment solutions but leveraged its iPhone dominance to make mobile payments mainstream.

The move into AI search fits this pattern. Apple has been slower than rivals in the AI arms race, with Microsoft, Google, OpenAI, and Anthropic setting the pace. But with its tight integration across devices and services, the iPhonemaker could once again turn a late entry into a dominant position.

The AI Search Race

The bottom line highlights how quickly the search industry is being reshaped by AI. Google has already rolled out AI Overviews, Microsoft’s Bing integrates with OpenAI’s GPT models, and startups like Perplexity are positioning themselves as “Google alternatives.” Apple’s entry — with deep integration into its hardware ecosystem — could instantly give it a massive user base, though questions remain about how its answer engine will balance accuracy, privacy, and speed.

If launched as planned in spring 2026, World Knowledge Answers would mark Apple’s most ambitious push into AI yet — and a turning point for a company under pressure to prove it can compete in the fast-moving world of generative AI.

FXFellow Review: Is FXFellow the right broker for you?

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In this FXFellow review, you’ll get a clear overview of the broker, from the range of tradable assets and available platforms to account types and execution methods.

When choosing a forex broker, traders often look for competitive spreads, reliable platforms, useful tools and account features. FXFellow has built its offering not just around trading costs, but also bonuses, trading products, account support and platform functionality.

FXFellow stands out by combining low-cost trading with advanced features. Beyond spreads and leverage, it offers client support, useful tools, bonuses and an IB program, making it a good fit for both new and professional traders.

By the end of this review, you’ll get a good idea of what FXFellow offers and be able to determine whether its trading environment aligns with your trading style and goals.

About FXFellow

FXFellow was established to create a secure, transparent and reliable STP environment. All client orders are forwarded immediately to liquidity providers, ensuring fair and efficient execution.

Vision and principles: FXFellow prioritises transparency and fairness, providing timely information and trading tools such an economic calendar, to support informed trading decisions.

Reliability & security: All client funds are held in segregated accounts, ensuring that deposits remain separate from the broker’s operational finances for maximum security.

This security-first approach shows FXFellow’s awareness of trader concerns in today’s fast-paced financial markets. By offering segregated accounts, clear execution models and support resources, the broker reinforces its commitment to client protection and fair trading.

FXFellow review of financial instruments

The broker provides access to 500+ financial instruments, including forex, metals, indices, futures, commodities and shares – all with competitive, low spreads.

FXFellow offers a wide range of forex pairs, covering majors, minors, and exotic currencies, allowing traders to access global currency markets with tight spreads and fast execution.

Traders can also trade CFDs on spot metals, such as gold (XAU) and silver (XAG) at best-of-market spreads with spot execution.

For index traders, FXFellow provides CFDs on major global stock indices, including UK 100, NASDAQ and Germany 30, allowing them to speculate on price movements without owning the underlying assets.

CFDs on futures contracts and popular commodities like Coffee, Natural Gas and Eurodollar are also available.

Additionally, FXFellow offers CFDs on leading global stocks, including Apple, Google and Amazon. Stock trading gives traders access to some of the world’s most recognised brands, with opportunities for both short-term trading and long-term portfolio growth.

This diverse portfolio of tradable assets, as viewed in this FXFellow review, makes the broker suitable for traders that value diversification and want exposure across multiple markets.

Trading account features

This FXFellow review also examines the trading account offered by the broker. FXFellow offers a Live Floating Spread account with the following specifications:

  • Average spread on EUR/USD: 1.6 pips
  • Average spread on gold: $0.38 pips
  • Available base currencies: USD, GBP, EUR
  • Minimum lot size: 0.01
  • Lot increment: 0.01
  • No commission
  • Dedicated account manager available 24/5
  • Flexible leverage up to 1:5000

This account type is ideal for traders seeking competitive spreads, flexible leverage and personalised support while trading a wide range of instruments. Its simplicity it what makes it especially appealing.

FXFellow keeps its structure transparent to allow traders to focus on the markets instead of worrying about complicated conditions, while still getting the most out of professional-level features like tight spreads and fast execution.

FXFellow review: Trading platforms

FXFellow provides access to industry-standard platforms for desktop or mobile. MetaTrader 4 (MT4) is available for Windows, Mac, iOS and Android. It is popular for its reliability, speed and advanced functionality.

Its key features include a dynamic security system, trading indicators and online order management, real-time quotes and interactive charts, advanced technical indicators, online streaming news, trading history and activity reports.

There is also the Personal Multi-Account Manager (PMAM), designed for traders managing multiple accounts. PMAM allows one-click entry, management of unlimited accounts, creation of multiple funds, real-time monitoring of instruments as well as detailed activity reports.

As seen in this FXFellow review, the broker allows unrestricted access to these platforms, allowing traders to trade with flexibility across devices. With PMAM and MT4, FXFellow caters both to individual traders and professionals managing multiple accounts.

Trading Bonuses

FXFellow provides exclusive deposit boosters to enhance traders’ trading potential.

  • 100% Power Boost Sharing Bonus*: Double your deposit and maximise trading opportunities.
  • 20% Starter Top-Up Credit Bonus*: Get extra funds to get a head start in trading.

With bonuses, traders can potentially extend their trading activity and test new strategies without commiting larger deposits, making FXFellow appealing to those who want more flexibility.

FXFellow review: Trading tools

FXFellow provides practical tools to support informed trading. The economic calendar offered provides real-time updates on key financial events. There is also an Introducing Brokers (IB) programme for those who want to earn by referring clients. IBs make the most of:

Advanced commission portal for real-time tracking

High commissions with performance-based increases

Flexible rebate schemes

Access to marketing resources like banners, logos and widgets

These tools add extra value, helping traders plan their trading strategies while also creating opportunities for those interested in partnerships.

Conclusion on FXFellow

FXFellow is a versatile broker with a wide range of instruments, flexible trading conditions, a superior account type and reliable trading platforms. Key strengths include competitive spreads, flexible leverage, commission-free trading and a strong commitment to transparency and client security.

What makes FXFellow stand out is the mix of affordability, personal support, bonuses, trading tools, and its IB program, giving traders not just market access but also opportunities for growth and partnership.

In this FXFellow review, we show how, FXFellow has something for traders at every level.

Whether you are a beginner looking for supportive tools and customer care or an experienced trader seeking fast execution and multi-account management, FXFellow offers a platform capable of meeting diverse trading needs.

 

*Terms and Conditions apply. Bonus cannot be withdrawn.

All trading involves risk. It is possible to lose all your capital.

Maxi Doge Presale Buzz As Bitcoin Penguins Grow, Yet BlockDAG’s 2,900% ROI Defines 2025’s Top Crypto Presales

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The landscape of meme and presale tokens is heating up, but three names are commanding the spotlight. Maxi Doge has drawn attention with bold forecasts of 50× by 2026, fueled by its strong presale momentum and alignment with Dogecoin’s culture. Bitcoin Penguins has ended its one-month presale after raising over $4.7M, praised for its quick timeline and community-owned supply that reduces insider control. Both projects offer excitement, but their growth rests on hype, partnerships, and external market trends.

In contrast, BlockDAG (BDAG) has already demonstrated adoption and ROI. With Stage 1 buyers at $0.001 sitting on 2,900% gains, over $395M raised, and 3M X1 users engaged, it stands apart. Among the top crypto presales, BlockDAG shows measurable proof, making it the most convincing opportunity.

Is Maxi Doge the Next 50x Crypto Winner?

Maxi?Doge (MAXI), an Ethereum-based meme coin, is gaining traction fast. Its presale has already raised more than $1.5 million, signaling real interest from early backers. One high-profile trader recently suggested MAXI could jump 50× by 2026, turning modest investments into eye-popping gains. Others have even whispered about a potential 200× return by 2030 if adoption and trading volume take off.

The project’s branding leans into meme coin culture, aligning strongly with Dogecoin’s ethos while positioning itself as its hotter, next-gen counterpart. For those looking at bold but calculated plays, Maxi Doge offers an intriguing mix of strong presale traction, community hype, and ambitious return projections. With over $1.5M raised, the project has carved a space among this year’s most-watched meme assets.

Bitcoin Penguins Presale Ends Today

The Bitcoin Penguins (BPENGU) presale is closing today, after raising over $4.7 million, with expectations it could reach $5 million before the cut-off. Analysts point to its short, one-month presale as a strength, especially compared to projects that linger for months without listing.

Community ownership is another factor. Insiders hold only 3% of the supply, making price manipulation less likely. This contrasts with tokens such as Pi Network, where central foundations control massive holdings. Incentives have also played a role, with giveaways fueling interest and building momentum.

Future growth could be shaped by partnerships, including ongoing talks with a toy manufacturer that may expand its cultural reach. With market sentiment turning bullish ahead of a possible altcoin season, BPENGU’s presale is one that investors are watching closely.

BlockDAG Sparks Urgent Attention With $395M Presale

Unlike projects that rely on noise, BlockDAG’s presale has delivered tangible results. It has already raised more than $395 million, with over 25.8 billion coins sold. BDAG’s current price is $0.03 in batch 30, but the coin is being sold at $0.0013 for a limited time.. Early buyers from Stage 1 at $0.001 have seen a 2,900% gain, and projections toward $1 suggest potential upside of 76,820% for those entering now. This kind of ROI trajectory is rare and makes it harder to ignore.

Adoption is also undeniable: 3 million X1 app users, 200,000 holders, and 19,600 miners sold create proof that this is not a hollow presale. Unlike speculative projects that rely on headlines, BlockDAG has proven adoption, verifiable returns, and deep infrastructure in place before its network even deploys.

With $600M as the presale target, momentum shows no signs of slowing. For investors, the message is clear: miss this stage, and the door to exponential ROI closes quickly.

For investors weighing opportunities, BlockDAG represents urgency and validation combined. Missing out could mean watching one of 2025’s most powerful breakouts unfold from the sidelines.

BlockDAG Outpaces Maxi Doge and Bitcoin Penguins as 2025’s Standout Presale

Evaluating these projects reveals contrasting profiles. Maxi Doge thrives on speculation and culture, appealing to investors who believe in meme coin virality. Bitcoin Penguins has capitalized on scarcity and giveaways, raising millions quickly while keeping insider influence at only 3%. Yet, both remain unproven until their listing.

BlockDAG presents a different picture. With 19,600 miners sold, 200,000 holders, and whales pooling $10M, it offers validation that most presales never achieve. More importantly, the ROI is already visible: Stage 1 entries at $0.001 yielded 2,900%, while current pricing still points toward a projected 76,820% upside at $1.

Presale: https://purchase.blockdag.network

Website: https://blockdag.network

Telegram: https://t.me/blockDAGnetworkOfficial

Discord: https://discord.gg/Q7BxghMVyu

DeepL Expands Beyond Translation With New Enterprise-Focused AI Agent

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German startup DeepL on Wednesday announced it was moving beyond its roots in AI-powered translation into the fast-emerging field of general AI agents for businesses.

The new tool, DeepL Agent, is built to complete “repetitive, time-intensive tasks across a wide variety of functions,” according to the company.

Unlike traditional AI chat interfaces, agentic AI tools can operate in the background, executing user-defined instructions across multiple systems. DeepL said its agent can respond to natural language prompts from employees and can be deployed across different teams, including human resources, research, and marketing.

The shift reflects the rising importance of AI agents — sometimes called “agentic AI” — which have become buzzwords in Silicon Valley. Major tech players such as Microsoft, with its Copilot platform, and Anthropic with Claude are also rolling out agent-like tools aimed at automating repetitive corporate workflows.

DeepL, founded in 2017 and now valued at $2 billion, has until now been best known for its AI translation product, built on its self-developed large language models. CEO Jarek Kutylowski told CNBC that developing DeepL Agent was a “natural extension” of its core translation business.

“We found out that the technology is as capable of helping you whenever you’re doing research or whatever you’re doing,” Kutylowski said. “All of those tedious tasks in your office when you have to switch between different systems and take some data from one system, put it into another one — AI, and those autonomous agents, and the DeepL Agent in particular, can help solve so much better.”

Kutylowski explained that DeepL Agent is built on a hybrid approach, leveraging both its proprietary models and external models from other providers.

Rising Competition in Agentic AI

By venturing into enterprise AI assistants, DeepL is entering a crowded field where it will compete directly with OpenAI, Microsoft, and Anthropic — all of whom are scaling up offerings for business customers. While AI translation gave DeepL a strong foothold, the enterprise automation market is far larger and increasingly seen as the next big frontier in AI adoption.

The announcement comes amid growing investor enthusiasm in the AI space. Just this week, Amazon-backed Anthropic revealed it had raised $13 billion at a $183 billion valuation, underscoring how capital continues to pour into companies pushing the boundaries of enterprise AI.

Echoes of the Cloud Computing Boom

DeepL’s pivot beyond translation into agentic AI mirrors earlier technological shifts that redefined the digital economy. In the early 2000s, when cloud computing began reshaping how businesses managed IT infrastructure, small firms like Salesforce and VMware emerged as early disruptors. They offered nimble, specialized products that solved immediate pain points, while giants like Microsoft, Amazon, and Google initially lagged before consolidating dominance.

Similarly, the rise of SaaS (Software-as-a-Service) applications saw startups like Slack and Zoom achieve meteoric growth before either being acquired or pressured by larger incumbents rolling out competing products. Some analysts believe that the same cycle is playing out in AI: smaller startups such as DeepL are attempting to carve out niches, but over time, Big Tech may consolidate much of the sector through acquisitions, partnerships, or simply by outspending challengers.

Agentic AI is expected to follow the same trajectory — a flurry of innovation by specialized firms before the market matures under the weight of big-cap tech companies. For DeepL, the challenge will be whether it can maintain its independence and unique product identity while competing against platforms with vast distribution networks and billions in R&D budgets.

IPO Speculation

The broader tech sector is also showing signs of renewed activity on the public markets. Fintech giant Klarna and crypto exchange Gemini announced details of upcoming initial public offerings (IPOs) this week, adding to speculation that more AI companies could soon follow.

Asked whether DeepL was preparing to join this wave, Kutylowski said: “That’s not a short-term plan that we would be considering right now.”

DeepL appears focused on proving its ability to scale AI agents into the enterprise market for now — a move that could ultimately determine whether it follows the Salesforce path of carving out a lasting independent presence, or ends up swept into the consolidation wave that has historically followed every major technological breakthrough.