Stay updated on key drivers of crypto moves since early September

Since the advent of the first cryptocurrency ETFs on traditional exchanges in 2021, global exchanges have been pushing to expand their digital asset offerings—fueling demand for more diversified crypto products.

Cboe Global Markets is gearing up to launch “Continuous Futures” for Bitcoin and Ether starting November 10, pending regulatory approval. These are 10-year, cash-settled contracts designed to simplify long-term crypto exposure in a US-regulated, centrally cleared framework.

Such futures products offer wider liquidity and largely contribute to market stability.

Nasdaq has also filed a proposal with the SEC to trade tokenized securities¹—blockchain-based versions of stocks and ETFs—alongside traditional listings on the same market, provided they carry equivalent rights. This marks a significant step toward blending digital assets with conventional market infrastructure.

The SEC’s Crypto Task Force will hold its sixth public roundtable on October 17, focusing on financial surveillance and privacy. The event will bring together technologists and policymakers to discuss how to safeguard individual privacy in the crypto space².

Commissioner Hester Peirce underlined that privacy-protecting tools are “critically important,” noting they allow people to control when and with whom they share sensitive data³.

This theme is expected to play a central role as the SEC shapes its next wave of crypto policy.

For those who did not know, the SEC (Securities and Exchange Commission) is the main US regulator overseeing financial markets. Its mandate is to protect investors and ensure fair, transparent trading. The SEC's move to facilitate cryptocurrency trading will help individual investors access the market more easily.

After pushing the subject away for a while, the Fed is stepping in to take a closer look. It is scheduled to host a conference on October 21 focused on payments innovation—with stablecoins, tokenization, DeFi, and AI on the agenda as digital assets move deeper into mainstream thinking.⁴

In a speech given at the Wyoming Blockchain Symposium in August 2025, FED Governor Christopher Waller emphasizes that moving forward with crypto isn’t just about hype—it’s about charting out safe, efficient systems that integrate new tech into existing infrastructure.⁵

Among the priorities mentioned by Fed governors and regional presidents: how stablecoins can improve payment flows, what business models make sense, and how tokenizing real-world assets could reshape financial intermediation.

Except for the Fed, other central banks, such as the ECB⁶ or the Bank of England⁷ are also pushing to get in touch with blockchain, cryptos and their related technologies.

On September 7th, 2021, El Salvador stood out as the world’s first nation to recognize Bitcoin as legal tender, and on this fourth anniversary, the country’s Bitcoin Office is marking the occasion by buying a symbolic 21 Bitcoin, to represent the 21 million BTC coins outstanding.⁸

The strategic Bitcoin reserve in El Salvador now totals 6,313 BTC, worth over $700 million. The government reports that 80,000 public servants have earned Bitcoin certifications, supported by a growing suite of education programs blending BTC and AI.

Memecoins performed well in the first half of September, notably with the announcement of the first US DOGE ETF, which will commence the era of memecoin ETFs.⁹

Such altcoins tend to provide strong, volatile moves, either to the upside or the downside, but one dynamic to follow closely is their relative performance within the cryptocurrency cycle.

In previous digital bull markets, coins such as DOGE, SHIBA, or PEPE have seen the most movement in the latter part of the cycle.

Although history rhymes, it doesn’t repeat. The recent volatility in memecoins is still nascent, and the upcoming weeks will tell if they gain further traction.

Crypto ETFs have largely impacted their evolution, when looking at Ethereum and Solana, for example.

Support Levels:

• $3,500 support zone
• $4,000 main pivot
• $4,200 to 4,300 consolidation zone

Resistance Levels:

• Current all-time highs $4,950
• $4,700 to $4,950 all-time high resistance zone
• $4,870 2021 record
• $5,200 to $5,300 potential resistance at 1.618% Fibonacci extension

Support Levels:

• $110,000 to $112,000 previous ATH support zone
• $106,000 to $108,000 key support
• $100,000 main support at the psychological level

Resistance Levels:

• Current all-time high $124,596
• Major resistance $122,000 to $124,500
• $115,000 to $116,000 key pivot
• $126,500 to $128,000 Fib-extension potential resistance (1.382% from April to May up-move)

Support Levels:

• November 2024 $238 to $240 mini immediate resistance
• $250 to $255 main resistance
• $290 to $300 all-time high resistance ($295 ATH)

Resistance Levels:

• Resistance turned pivot level $218 to $220
• Support zone $200 to $205
• $185 higher timeframe momentum support

Footnotes:

1 https://www.nasdaq.com/newsroom/qa-nasdaqs-new-proposal-tokenized-securities

2 https://crypto.news/sec-crypto-task-force-to-host-sixth-roundtable-on-financial-surveillance-and-privacy/

3 https://www.sec.gov/newsroom/press-releases/2025-114-sec-crypto-task-force-host-roundtable-financial-surveillance-privacy#:~:text=%22Technology%20that%20helps%20Americans%20protect,said%20Commissioner%20Hester%20M.%20Peirce

4 https://www.theblock.co/post/369338/federal-reserve-conference-stablecoins-tokenization

5 https://www.federalreserve.gov/newsevents/speech/waller20250820a.htm

6 https://www.ecb.europa.eu/euro/digital_euro/html/index.en.html

7 https://www.finextra.com/newsarticle/46325/bank-of-england-mulls-shelving-of-digital-pound

8 https://www.mitrade.com/au/insights/news/live-news/article-3-1102500-20250908

9 https://cointelegraph.com/news/us-approves-first-doge-etf