Market Signal Briefing

SEC's latest withdrawal update signals ETF approval is imminent, while XRP's classic falling wedge points to an explosive breakout.

XRP is once again stealing the spotlight as speculation around spot XRP ETFs intensifies. With the U.S. SEC streamlining crypto ETF approvals and multiple decisions due in October 2025, investors are closely watching XRP’s price behavior. Despite market-wide volatility that dragged Bitcoin and Ethereum are lower, but XRP price has managed to hold its ground, trading around $2.88 with inflows continuing into XRP-based investment vehicles.

But what’s really driving XRP’s resilience—and how could ETFs reshape the trajectory in the coming weeks?

ETF Hype Heating UpSix spot XRP ETF decisions are lined up between Oct 18 and 25 (Grayscale, Bitwise, 21Shares, WisdomTree, etc.).Prediction markets now price in >99% odds that at least some XRP ETFs will be approved this year.The SEC has already dropped delay notices, and the REX-Osprey XRP ETF is live in the U.S., signaling the door is open.Impact on Price: The ETF narrative is fueling optimism that institutional demand will surge. If approvals hit in October, XRP could see a supply squeeze, as ETF issuers must buy XRP directly from the market. This sets the stage for a bullish price breakout.

 Inflows Into XRP FundsCoinShares data shows $93M in inflows into XRP investment products last week, while Bitcoin and Ethereum ETFs saw over $1.1B in outflows.XRP is now one of the few major assets still attracting fresh capital.Impact on Price: Consistent inflows signal growing investor confidence and increase buying pressure, offsetting broader crypto weakness.

Whale AccumulationReports show 120M XRP accumulated by whales in the last three days.Such accumulation typically signals that large players are positioning ahead of a major move (ETF approval speculation).Impact on Price: Whale activity reduces circulating supply and strengthens support levels. This accumulation near $2.80 suggests whales expect a positive catalyst soon.

XRP Price Analysis for October 2025Regardless of the multiple failed attempts, the XRP Army appears to be poised to push the price above the pivotal resistance. The token has been on a parabolic trajectory, but in the opposite direction, which may be cause for concern. Furthermore, the current price action indicates the formation of the cup and handle pattern with the neckline around $3.02. However, the buying pressure seems to be fading, which could prevent the bulls from securing above this range. 

XRP is trading near $2.87, consolidating within a rising channel after reclaiming the $2.75 support. The MACD shows mild bullish momentum, while the Stoch RSI is cooling from overbought, hinting at short-term consolidation. Resistance lies at $2.95–$3.02; a breakout could target $3.60–$3.62 in October. Failure to clear this zone risks a pullback to $2.75, with a breakdown extending losses toward $2.40. Overall, XRP’s trend remains cautiously bullish ahead of key ETF-driven catalysts.

Will XRP Price Reach $5 in October 2025?Reaching $5 in October 2025 will largely depend on the outcome of the upcoming SEC XRP ETF rulings. Technically, XRP shows strength above $2.75 and could rally toward $3.60–$3.62 if bullish momentum continues. However, breaking $5 would require a confirmed ETF approval with significant institutional inflows and sustained whale accumulation. While a sharp move toward $4–$4.20 is realistic under favorable conditions, $5 looks ambitious in the near term unless ETF-driven demand sparks an exceptional supply squeeze.

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Both Ripple and XRP have been a topic of debate in the crypto community for years. However, recent discussions have reignited interest in its current and future role within the global finance sector. Market experts are now asking whether XRP is genuinely reforming the financial system or simply recreating existing banking structures on the blockchain. Despite scrutiny, the cryptocurrency continues to have a significant influence on the cross-border payments industry. 

Ripple To Replicate Traditional Banking With XRP
Market expert Xaif Crypto shared a video post on X social media, highlighting the views of Jeff Booth, a Canadian Entrepreneur and author best known for his bestselling book ‘The Price of Tomorrow.’ According to Xaif Crypto, Booth emphasized that XRP is essentially mirroring the existing traditional banking system rather than subverting it.   

In the video, Booth elaborates that traditional bank models rely on creating money through lending and charging interest—a system that has remained largely unchanged for centuries. The Canadian author noted that while the concept of decentralization and blockchain-based money transfer is promising, applying it within a closed, controlled system for governments and banks may undermine its transformative potential. 

His analysis underscored the nuances in the ongoing debate over the purpose of cryptocurrencies. He also stressed that not all participants in the crypto space are acting with ill intent, highlighting that some are genuinely attempting to innovate and transform the space. Nevertheless, replicating traditional banking practices on a decentralized ledger raises both philosophical and practical challenges. 

Booth notes that if the blockchain merely reproduces a system based on perpetual interest and money creation, it may reinforce the very inequalities that decentralized technology was created to address. His commentary further suggested that while XRP may be a step toward modernizing banking infrastructure, it may not fully achieve the vision of a truly reimagined financial system that is decentralized and equitable. 

XRP As A Foundation For The Digital Era
A contrasting perspective comes from crypto analyst Pumpius on X, who highlighted comments from Ripple CEO Brad Garlinghouse from years ago. According to him, Garlinghouse asserted that XRP, along with Bitcoin, has the potential to surpass traditional assets such as gold and diamonds. 

Unlike gold, which has historically functioned as a long-term store of value, or diamonds, which rely on scarcity and luxury appeal, Pumpius stated that XRP is positioned as programmable money with global settlement capabilities. He underscored that altcoin is not merely a speculative asset but a structural component of the emerging digital economy. 

By enabling rapid, programmable transactions, Pumpius declared that XRP could serve as the backbone for trade, settlements, and identity anchoring for the digital era. The analyst’s vision frames the asset as the foundation of a new monetary order, where traditional assets face competition from digital ones designed for efficiency and integration into global finance rails.

XRP trading at $2.88 on the 1D chart | Source: XRPUSDT on Tradingview.com
Featured image from iStock, chart from Tradingview.com

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Scott Matherson is a leading crypto writer at Bitcoinist, who possesses a sharp analytical mind and a deep understanding of the digital currency landscape. Scott has earned a reputation for delivering thought-provoking and well-researched articles that resonate with both newcomers and seasoned crypto enthusiasts.
Outside of his writing, Scott is passionate about promoting crypto literacy and often works to educate the public on the potential of blockchain.

In brief
The crypto market is back in the green for the month, reclaiming a $3.9 trillion market cap.
Bitcoin is up 3.5%, rising above $114K. Solana has climbed 2.2%, holding at a $113 billion market cap.
Where to from here? Technical indicators and prediction markets differ in their optimism.
After a bruising week that tested crypto's resilience, digital assets are mounting an impressive comeback as the total market capitalization rebounds to $3.91 trillion—up 3.29% in the past 24 hours. The broad recovery sees 95% of the top 100 cryptocurrencies posting gains, with Bitcoin breathing again amid renewed institutional interest and favorable macroeconomic tailwinds.

The recovery in crypto markets aligns perfectly with traditional markets finding their footing. The S&P 500 climbed 0.5%, extending this month's rally, while the Nasdaq 100 rose nearly 1%, propelled by gains in Nvidia, AppLovin and Microsoft among other tech giants. Gold also hit a record high around $3,826-3,854 per troy ounce, lifting the U.S. Treasury's holdings of the precious metal past $1 trillion—a signal that safe-haven demand remains robust even as risk assets recover.

However, the broader context remains complex, with the Federal Reserve having cut its benchmark rate by 25 basis points to a range of 4.00%-4.25% at its September meeting. Fed Chair Jerome Powell, though, characterized tariff inflation as potentially being a "one-off" event while warning that "uncertainty around the path of inflation remains high."

Bitcoin (BTC) price: Bulls keeping the faithBitcoin has staged a measured recovery, gaining 1.85% to close at $113,985 after opening the day at $111,923. The flagship cryptocurrency briefly touched $114,309—representing a 2.2% intraday peak—before settling just below that resistance level.

Bitcoin price data. Image: TradingviewOn the technical front, however, Bitcoin's indicators paint a picture of consolidation rather than conviction.

The Relative Strength Index, or RSI, for BTC is at 52, which sits dead center in neutral territory. This reading tells traders that neither bulls nor bears have decisive control. Think of RSI like a tug-of-war rope; at 50, it's perfectly balanced. Readings above 70 signal the bulls might be exhausted (overbought), while below 30 suggests bears have overdone it (oversold). At 52, it shows that bulls have wrestled control away from bears—but only slightly—bringing the coin back up from oversold territory.

The Average Directional Index, or ADX, measures trend strength on a scale where anything below 20 means "no clear trend," 20-25 indicates a trend is forming, and above 25 confirms strong directional movement. At 18, Bitcoin is essentially drifting in a choppy market where neither buying nor selling pressure dominates. This is why you don’t see a clear long-term bullish or bearish trend, and instead the coin has been bouncing sideways for weeks now.

The one bright spot comes from the exponential moving averages or EMAs. These averages give traders a sense of price supports and resistances over short, medium, and long time frames.

At the moment, Bitcoin’s 50-day EMA is trading above the 200-day EMA (visible as the green zone on the chart). This looks good for bulls, since it demonstrates that the average price of Bitcoin over the short term is trading higher than the average price over the long term. But it’s important to note: The gap between these EMAs is closing, reflecting the fact that the price of Bitcoin has been slowly going down more recently and may enter a “death cross” formation in the future unless something changes.

A “death cross” in trading is when the EMA50 (the average price of the last 50 days, or the short-term movement) crosses below the EMA200 (the average price of the last 200 days). Traders read it as increased downside risk and may reduce long exposure or look for short setups, especially if the price stays beneath both EMAs and volume picks up. It is essentially the opposite of a “golden cross” setup, in trader speak, and generally considered a bearish sign.

On Myriad—a prediction market built by Decrypt’s parent company Dastan—traders have placed the odds at 46% that Bitcoin sooner hits $125K than $105K. This market, which has been active since early July, provides a gauge of aggregated sentiment for Bitcoin among these prediction market users.

Less than two weeks ago, these odds were completely reversed, with bettors giving BTC a 71% chance of hitting $125K as recently as September 18. The odds now narrowing reflects the market’s cautious stance despite today's gains. Seems like not even a 5% bounce to the price of Bitcoin is enough to make these predictors bullish again.

Key Levels:

Immediate support: $108,000 (recent test level)
Immediate resistance: $114,309 (today's high)
Strong resistance: $117,000 (weekly resistance zone)
Solana (SOL) price: Quiet confidence buildsSolana's more modest 0.30% gain to $211.58 might seem underwhelming compared to Bitcoin's move, but the technical setup suggests accumulation beneath the surface.

Over the last 24 hours, Solana is up 3.5%, making it the best performing asset in the top 10 by market cap.

After opening at $210.95, SOL touched $213.58 (a 1.2% intraday spike) before consolidating around the $211 mark—enough to hold above a $113 billion market capitalization.

Solana price data. Image: TradingviewThe RSI at 47 places SOL slightly in bearish territory. After violent swings in recent weeks, this middling RSI could be interpreted by traders as healthy consolidation, especially considering it’s now on the upswing after a heavy dip last week. Solana tested the resistance of a short-term bearish channel, which had been in place throughout the entire month.

The ADX at 27 combined with price holding above both the 50-day and 200-day EMAs, suggests bulls maintain control despite today's modest gains. When ADX is above 25, day traders often increase position sizes as trends tend to persist. The prices are once again trading on top of the EMA50, which is also a good sign for short-term bulls.

The upcoming SEC decisions on Solana ETF applications, with deadlines starting next month, could serve as that catalyst, with Bloomberg analysts estimating a 90% approval chance. This regulatory clarity could unlock institutional flows similar to what Bitcoin experienced post-ETF approval.

Once again, as with predictions on Bitcoin, users on Myriad aren’t yet feeling the bullish vibes. Myriad predictions place the odds at just 40% that Solana hits a new all-time high price this year above $294. That’s a sharp fall from 65% odds of a new SOL all-time high just over a week ago.

Key Levels:

Immediate support: $204.82 (today's low)
Strong support: $200.00 (psychological level)
Immediate resistance: $213.58 (channel's high)
Strong resistance: $222.00 (0.5 Fibonacci level)
Disclaimer

The views and opinions expressed by the author are for informational purposes only and do not constitute financial, investment, or other advice.

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Sei price has crashed to an important support level and formed a descending triangle as the number of transactions and active addresses plunged in September.

Summary

Sei crypto price has formed a descending triangle pattern.
The number of transactions plunged by 87% in the last 30 days.
Sei’s unique active wallets fell by 20% in the same period.

Sei (SEI), a popular layer-1 network, plunged to the key support at $0.2645, its lowest level in August and September this year. 

Data compiled by Nansen show that the number of transactions plunged by 87% in the last 30 days to 57 million. This crash makes it one of the worst-performing chains in September.

The data show that active addresses dropped by 24% to 13 million. Also, fees dropped by about 12% to just $16,000.

Sei’s performance in the gaming market, where it dominates, also deteriorated. According to DappRadar, the number of unique active wallets dropped by 20% in the last 30 days to 13.45 million. 

More data shows that its total value locked plunged by 17% in the last 30 days. Most notably, Sei’s stablecoin supply dropped to $140 million, its lowest level since March and much lower than the year-to-date high of $296 million. 

Sei price technical analysis 
Sei price chart | Source: crypto.news
The daily timeframe chart shows that the Sei token price peaked at $0.3895 in July and then dropped to a low of $0.2645. It has crashed below the 50-day exponential moving average.

Sei crypto price has formed a descending triangle pattern whose support is at $0.2645. This is one of the most popular bearish continuation signs.

The Relative Strength Index has been in a downward trend. It has moved close to the oversold level of 70, while the MACD has moved below the neutral level.

Therefore, the token will likely have a strong bearish breakout, with the next point to watch at $0.1325, its lowest level this year. This target is about 50% below the current level. A move above resistance at $0.3500 will invalidate the bearish Sei price forecast.

SHIB exchange reserves have plunged to a new all-time low – Shiba Inu price predictions now eye a surge backed by smart money conviction.

The cryptocurrency surged nearly 4% in a single day after floundering below $110K over the weekend. BTC and Bullion Rally: Bitcoin Hits $114K, Gold Sets 38th Record This Year Gold reached yet another all-time high for the 38th time this year alone, according to the Kobeissi Letter, after climbing to $3,830 on Monday.

Posted: September 30, 2025

Key Takeaways 
Why is XRP’s wedge pattern important now?
XRP holds $2.73 support, while whales accumulated 120 million tokens, suggesting strong buyer conviction, before testing $3.15–$3.65 resistance.

What do derivatives reveal about XRP’s next move?
Open Interest rose 3.43% to $7.58 billion, showing traders positioned for volatility, with leveraged bets potentially amplifying breakout momentum.

Since early September, Ripple [XRP] has battled persistent selling pressure on Binance, with the Taker Buy-Sell Ratio consistently falling below 1 and confirming strong bearish control. 

Intermittent rebounds above 1 quickly reversed as selling resumed, showing weak buying conviction. This left XRP stuck in a bearish channel, with demand fading.

Markets showed brief exhaustion, yet sellers consistently regained control, keeping pressure intact through the month.

A breakout waiting to unfold
XRP’s price action traded within a descending wedge, a setup often viewed as bullish once momentum builds above resistance. 

The structure showed XRP holding support near $2.73, while testing repeated lower highs that compress price volatility. That compression hinted at an incoming shift, likely upward if buyers stepped in.

The RSI sat at 47, reflecting neutral momentum with upside potential. Breaking $3.15 could open the path toward $3.38 and $3.65.

Source: TradingView

120 million XRP purchase sparks optimism
Whale investors have injected renewed energy into XRP, as highlighted by Ali Martinez’s recent update showing 120 million tokens accumulated in just 72 hours. 

Such concentrated buying typically signals stronger conviction from deep-pocketed holders, countering the dominance of sellers seen throughout September. 

This accumulation also reflects opportunistic positioning at compressed price levels, with whales often acting ahead of broader retail trends. If sustained, these inflows could support price stability while gradually testing resistance. 

However, the question remains whether whale demand can truly overwhelm persistent market-wide selling.

Source: Ali Martinez/X

Rising Open Interest could fuel volatility
XRP Derivatives also highlighted changing dynamics, with Open Interest climbing 3.43% to reach $7.58 billion. 

This increase indicated fresh positions entering the market, likely reflecting expectations of near-term movement. 

While rising OI often precedes significant price swings, it also amplifies risk since leveraged positions can trigger sharp liquidations. 

The combination of whale inflows and growing derivatives activity suggests a setup where volatility may expand quickly. 

Traders must remain alert as a breakout from the wedge pattern could spark accelerated moves, either upward or downward, depending on momentum.

Is a breakout truly on the horizon for XRP price?
September’s selling dominance has shaped a bearish backdrop, but technical and on-chain metrics pointed to a potential shift. 

Whale accumulation and rising OI offer encouraging signals, while the descending wedge setup creates a framework for an upside move. 

Recent whale accumulation combined with supportive technicals and strengthening derivatives activity could ultimately cancel out prevailing selling pressure, creating conditions for XRP price to attempt a decisive breakout.

TLDR:

Strategy purchased 196 BTC for $22.1M at an average price of $113,048, boosting its total holdings to 640,031 BTC.
The firm’s average cost basis sits at $73,983 per BTC, keeping its position in profit at current market prices.
Michael Saylor confirmed the acquisition on X, continuing his consistent Bitcoin accumulation updates to followers.
Strategy’s total BTC now exceeds $47.35B in value, making it one of the largest institutional holders of Bitcoin.

The Bitcoin market has seen another big player stack more coins. Strategy has added fresh BTC to its growing corporate treasury. This marks the latest in a string of steady buys that keep the company ahead of many peers. 

The move keeps Bitcoin at the center of its long-term holding plan. Investors are watching closely to see how this shapes future price action.

Strategy Buys 196 BTC for $22.1M
In a press release on September 29, 2025, Strategy reported purchasing 196 BTC for about $22.1 million. The average price for the buy was roughly $113,048 per coin. With this purchase, Strategy now holds 640,031 BTC in its reserves.

The company said its total Bitcoin investment stands near $47.35 billion. The average cost basis is $73,983 per BTC. This puts Strategy deep in profit with Bitcoin trading above that level.

Michael Saylor, Strategy’s chairman, shared the update on X, confirming the numbers. His posts continue to draw attention across the crypto community, as many view Strategy’s activity as a signal for institutional demand.

Market participants have been quick to note that Strategy has stayed consistent in its approach. It continues to buy regardless of price moves, sticking to its accumulation plan.

Bitcoin Price and Market Context
This latest purchase comes during a period of steady price action. Bitcoin has been trading above $110,000, holding gains from earlier in the quarter. Strategy’s average price remains well below the current market price, reflecting a strong long-term position.

Analysts point to these buys as proof of persistent demand from corporate players. While retail traders watch short-term charts, institutions like Strategy appear focused on the bigger picture.

The 640,031 BTC now in Strategy’s wallet represents one of the largest single-entity holdings globally. At current market levels, that stash is worth tens of billions of dollars.

For investors, this may reinforce confidence in the asset’s staying power. Strategy’s BTC approach highlights a deliberate accumulation style that seems unaffected by market swings.

21h05 ▪
4
min read ▪ by
Ifeoluwa O.

Summarize this article with:

Bitcoin has become an increasingly prominent part of global finance. Some governments, companies, and funds now include it in their reserves, while many individuals continue to grow their holdings. On the surface, ownership appears widespread, with more than 54 million Bitcoin addresses recorded on the blockchain. However, a closer look shows that these numbers can be misleading, as they do not fully reflect who actually controls the asset.

In brief

Fewer than 20,000 wallets hold over 60% of all Bitcoin, showing how concentrated ownership really is.
Institutional wallets including exchanges, custodians, and miners control a large portion of Bitcoin on behalf of multiple clients.
After filtering out tiny balances and pooled accounts, around 3.9 million active users remain who control the majority of Bitcoin outside institutions.

Whales and Institutions Dominate Bitcoin Ownership
Sani, founder of the analytics platform Time Chain Index, reviewed blockchain data to measure how ownership is distributed. His analysis revealed that most of the supply is concentrated in the hands of a very small group. Out of the total addresses, only 18,695 are classified as whale wallets, but together they control more than 60% of all Bitcoin in circulation.

A significant portion of addresses also belong to institutions rather than individual users. Of the 54.4 million addresses, about 271,883 are linked to exchanges, custodians, companies, ETFs, and miners. Together, these pooled wallets hold around 8,789,113 BTC, or roughly 44% of the total supply. Since they represent funds stored on behalf of many clients, they do not reflect individual ownership.

Image showing a few wallets hold most BTC, while millions own only tiny fractions.
Filtering the Data Reveals the True Bitcoin User Base
After removing institutional and pooled wallets, the remaining addresses still reveal how Bitcoin is distributed and which holdings are significant

The leftover addresses collectively held 11,137,306 Bitcoin, though many contained only very small fragments from earlier transactions.
To focus on meaningful balances, Sani excluded wallets holding less than 0.001 Bitcoin and also removed those linked to companies and custodians.
This refinement left 23.43 million addresses, which together controlled 11,131,336 Bitcoin, highlighting the bulk of holdings outside large pooled accounts.

Based on this filtered dataset, Sani noted that the total number of wallets does not reflect the number of individual users, since most people control multiple addresses. Taking an average of six addresses per person, he estimated the network likely has around 3.9 million active users, who collectively hold the majority of Bitcoin outside institutional wallets.

This shows that the raw figure of 54 million addresses creates a distorted picture of adoption. While whales hold a dominant share and custodians manage nearly half the supply, the filtered dataset gives a more accurate view of genuine network participation. Even then, the actual user base is far smaller than the headline address count suggests.

Market Trends Signal Caution Amid Price Gains
Meanwhile, Bitcoin is trading around $111,000, up about 2% in the past 24 hours. Glassnode recently reported that the Accumulation Trend Score has softened, reflecting a more cautious approach from larger holders. 

If demand does not pick up, the market could face additional pressure from available Bitcoin supply, leaving prices exposed in the near term.

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Ifeoluwa O.

Ifeoluwa specializes in Web3 writing and marketing, with over 5 years of experience creating insightful and strategic content. Beyond this, he trades crypto and is skilled at conducting technical, fundamental, and on-chain analyses.

DISCLAIMER

The views, thoughts, and opinions expressed in this article belong solely to the author, and should not be taken as investment advice. Do your own research before taking any investment decisions.

The Securities Exchange Commission (SEC) has taken a major step that could accelerate the launch of spot exchange-traded funds (ETFs) tied to several major cryptocurrencies, including XRP.

According to cryptocurrency journalist Eleanor Terrett, the SEC has asked issuers to withdraw their existing 19b-4 filings following the approval of new generic listing standards. Withdrawals could begin as early as this week, she said in an X post on September 29. 

Besides XRP, other affected cryptocurrencies include Litecoin (LTC), Solana (SOL), Cardano (ADA), and Dogecoin (DOGE).

More context for those asking whether withdrawal is a bad thing: the short answer is no. The long answer: when the @SECGov approved the generic listing standards two weeks ago, it eliminated the need for exchanges to file 19b-4 forms to list individual token ETFs, simplifying and… https://t.co/byHmCkMti1

— Eleanor Terrett (@EleanorTerrett) September 29, 2025

Notably, Terrett emphasized that the move is not a setback. In this case, the SEC’s generic listing standards eliminate the need for individual 19b-4 filings for token-based ETFs, simplifying and speeding up the approval process. 

Under the new rules, as long as a cryptocurrency meets the established criteria, an ETF can be approved with just an S-1 filing. This means the SEC could approve one or multiple ETFs at any time, streamlining access for investors.

SEC ETF decisions 
The decision comes as the SEC is expected to make rulings on several altcoin ETFs later in October, increasing the likelihood that assets like XRP could receive approval. 

Market participants are anticipating a significant October for ETFs, which could lead to substantial inflows into altcoins from institutional investors.

The SEC will decide on 16 cryptocurrency ETFs, with final deadlines scattered throughout the month. 

Canary’s Litecoin ETF is up first on October 2, followed by Grayscale’s Solana and Litecoin trust conversions on October 10, and WisdomTree’s XRP fund on October 24. 

While decisions could happen at any time before these deadlines, analysts see the approvals as a potential catalyst for a renewed altcoin rally.

Featured image via Shutterstock

The United States Securities and Exchange Commission (SEC) has requested that spot crypto ETFs withdraw their 19b-4 filings. The U.S. SEC is ostensibly anticipating the fund managers seeking to offer spot Litecoin (LTC), XRP, Solana (SOL), Cardano (ADA), and Dogecoin (DOGE) to withdraw their respective 19b-4 filings.

Why Has the U.S. SEC Requested Fund Managers to Withdraw Their 19b-4 Filings?The U.S. SEC has requested that fund managers seeking to offer spot crypto ETFs withdraw their 19b-4 filings following its approval of the generic listing standards for commodity-based ETPs on September 17, 2025. 

With the generic listing standards in place for crypto assets, the need for 19b-4 filings becomes void. As such, exchanges can list the crypto ETFs that meet the generic listing criteria to enhance uniformity..

Is It Good For Crypto?Yes. The shift from 19b-4 filing to relying on generic listing standards will simplify and hasten the process of listing spot crypto ETFs. As Coinpedia reported earlier today, the final deadline for 16 spot crypto ETFs is by mid-October.

With the ongoing shift to generic listing standards, the listing of more than a dozen spot crypto ETFs is likely to happen in the subsequent days after the fund managers withdraw their Form 19b-4.

Bigger PictureThe imminent approval of spot altcoin ETFs in the United States will be a major milestone for the mainstream adoption of digital assets by institutional investors. As such, the macro outlook for crypto will remain bullish catalyzed by strong demand from institutional investors.

However, the crypto market may experience a mid-term pullback after the approval of spot altcoin ETFs next month. Furthermore, the ETF approval hype has induced some bullish hype and may deflate after the approval due to the sell-the-news scenario.

Back to top button

Euro Capital CEO Peter Schiff is challenging Michael Saylor's bitcoin strategy over the critical issue of liquidity. The crypto skeptic argued that billions of dollars in gold could be sold with limited market impact, while trying to exit a similar bitcoin position could hit prices hard and set off copycat selling.

The Pi Network, a blockchain project often described as community-first, is again under the spotlight. A lawsuit filed in 2020 by former executive McPhilip has resurfaced online, raising questions about leadership, transparency, and internal governance. The case, which centered on alleged conflicts between co-founders Dr. Nicolas Kokkalis and Fan, was mostly dismissed in 2023 and later settled without confirmation of wrongdoing.

Allegations of workplace conflict

As pointed out by Mr Spock, court filings alleged that the co-founders, who are married, allowed personal disputes to spill into the workplace. McPhilip claimed that arguments escalated into shouting matches and even physical confrontations. He argued that these conflicts undermined his ability to lead effectively, forcing him to spend more time managing disputes than focusing on growth. The lawsuit also claimed that he was later locked out of company assets and cut off from decision-making.

Disputes over ownership

Another core allegation involved share dilution. McPhilip stated that Pi Network’s leadership attempted to reduce his stake by issuing shares at a fraction of the company’s previous valuation. He pointed to earlier fundraising rounds, where the project secured millions in capital through SAFEs, as evidence that the move was unfair. Critics argued that such disputes reflected weak governance in a project handling resources for millions of users.

Community response and context

The resurfacing of these claims has reignited debate within the Pi community. Some users argue that the allegations show a lack of transparency and raise concerns about how personal relationships influence project decisions. Others dismiss the renewed discussion, pointing out that the case was resolved years ago with no proven evidence of fraud or misconduct. Supporters stress that the network continues to build, with Pi’s ecosystem expanding despite skepticism.

Why it matters

The controversy brings to light the tension between Pi’s stated mission as a decentralized, community-driven project and the reality of leadership disputes at the top. With millions of pioneers holding Pi, unresolved questions about governance and communication carry weight.

In brief
Stablecoin network Plasma has meme coins now after entering "mainnet beta" last week.
The Trillions token hit a $60 million market cap on Sunday, before falling sharply.
It references a meme at the foundation of the Plasma thesis, predicting the total stablecoin market cap to be in the trillions of dollars.
A meme coin deployed on the Plasma stablecoin network peaked at a $60 million market capitalization on Sunday. It follows Plasma hitting “mainnet beta” last week, attracting $5.5 billion in total value locked, and its XPL token soaring to a $2.3 billion market cap.

The Trillions token is based on a meme at the core of the Plasma thesis, with the project referencing it as early as December 2024. However, it wasn’t until February 2025 that the meme took off both internally and externally, a Plasma representative told Decrypt before the network hit mainnet.

White House AI and Crypto Czar David Sacks said that stablecoins could create “trillions of dollars of demand for U.S. treasuries,” due to tokens often purchasing treasuries for their reserves. Plasma simply reposted this clip in February saying “trillions,” and it went viral despite the network having a small following at the time. A meme was born.

Plasma is a layer-1 network that’s optimized for stablecoin transactions, such as gasless USDT transfers. However, it is still a permissionless blockchain, meaning that anyone can build on top of it. And, with its “mainnet beta” launch being an apparent success, crypto degens have flocked to the stablecoin network to trade meme coins.

And it’s not only the Trillions token that has hit a market cap in the millions: other Plasma meme coins like Bankless, dog-themed coin Luna, and a Pepe clone have also soared. It appears that most of these coins are being created on the multi-chain launchpad, DyorSwap.

Despite the meme coin buzz, Plasma declined to comment as the project does not endorse meme coins on the chain. However, a Plasma representative previously explained to Decrypt how the trillions meme originated and evolved.

Following Sacks saying “trillions” and the Plasma post going viral, the company decided to embrace the meme. It became a way for Plasma employees to sign off social media posts and hype each other up—akin to the Milady cult signing off posts with “Milady.”

The trillions meme later evolved to also include “pre-trillions,” a Plasma representative previously explained, as a nod to the pre-rich meme that had taken over the crypto community. 

When Plasma entered mainnet beta last week, users celebrating their XPL airdrop on social media adopted the “trillions” kicker. That same day, the Trillions meme coin was created, bubbling below a $10 million market cap before exploding to $60 million on Sunday. It has since plunged to an $18 million market cap, according to DEX Screener.

XPL, Plasma, with an unexpected airdrop of 5 figs to discord community members

Launching before MegaETH and Monad

Trillions

— Loopify 🧙‍♂️ (@Loopifyyy) September 18, 2025

Such a market cap is notable in the current meme coin landscape, with activity in the Solana trenches hitting a six-month low. It comes as crypto traders look to highly leveraged perp futures bets to feed their taste for degenerate trades.

Jokes aside, Plasma believes that the stablecoin industry will grow to be worth trillions of dollars, and hopes to host a sizable chunk of that. Less than a week after its debut, per DefiLlama, Plasma is the fifth-largest network for stablecoins ahead of the likes of Hyperliquid, Aptos, and Base. 

At the time of writing, according to DefiLlama, the total stablecoin market cap is $297 billion, meaning a 236% increase is needed for a trillion-dollar valuation to be achieved.

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Bitcoin price rose for the second consecutive day on Monday, Sept. 29, as traders waited for key details on the U.S. government shutdown, Donald Trump's tariffs, and the closely watched nonfarm payrolls data.

The following article is adapted from The Block's newsletter, The Daily, which comes out on weekday afternoons.

Key takeaways:

Clearer digital asset regulation, highlighted by this week’s high-profile SEC–CFTC roundtable, could strengthen investor confidence.

A temporary resolution of the looming US government shutdown may ease risk aversion and boost Bitcoin price.

Labor market data and Strategic Bitcoin Reserve expectations could fuel renewed momentum toward the $120,000 level.

Bitcoin (BTC) reclaimed the $114,000 mark on Monday, recouping part of the losses from the previous week. Interestingly, this rebound came despite heavy outflows from the spot Bitcoin exchange-traded funds (ETFs), prompting investors to question whether the rally is sustainable and what catalysts might drive Bitcoin toward the $120,000 level.

Spot Bitcoin ETFs daily net flows, USD. Source: Farside InvestorsRoughly $900 million flowed out of US-listed spot Bitcoin ETFs last week, sparking moderate concern among traders, especially as long-term whales sold 3.4 million BTC. According to Glassnode, about 90% of the coins moved showed profit-taking for the third time in this cycle, increasing the likelihood of “a cooling phase ahead.”

SEC-CFTC joint roundtable, US government shutdown and labor market dataThree events scheduled for this week could shift investor sentiment toward Bitcoin, starting with a joint roundtable on digital asset regulation hosted by the US Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC). SEC Chair Paul Atkins is set to open the event on Monday.

The event in Washington, D.C., is designed to bring greater regulatory clarity to jurisdictional tests, listings, and exchange oversight. Panelists include Jeff Sprecher, CEO of ICE-NYSE, Adena Friedman, CEO of Nasdaq, and Terry Duffy, CEO of CME Group, along with executives from leading crypto-focused firms and representatives from JPMorgan, Bank of America, and Citadel.

US government shutdown odds for 2025 at Polymarket. Source: PolymarketAnother potential catalyst for Bitcoin’s price is the looming risk of a US government shutdown on Oct. 1. US President Donald Trump has scheduled a meeting with congressional leaders on Monday to try to avert the crisis. Without action from Congress, thousands of federal employees could be furloughed, and numerous services, including small-business grant programs, would be disrupted.

Bitcoin’s price has historically reacted negatively when traders become more risk-averse. About $1.7 trillion in “discretionary” spending that funds agency operations is set to expire at the end of the fiscal year on Tuesday. The House of Representatives narrowly approved a bill on Sept. 19 to fund government agencies through Nov. 21, leaving final approval now in the Senate’s hands.

The next major factor that could unlock a Bitcoin rally to $120,000 is the US job market data, the Federal Reserve’s top focus following core inflation that matched market expectations at 2.9% in August. The US Bureau of Labor Statistics is scheduled to release the JOLTS survey of job openings on Tuesday, followed by the nonfarm payroll report on Friday.

Signs of weakness in the labor market could steer investors toward assets viewed as safer, such as gold and short-term government bonds.

US Strategic Bitcoin Reserves  hopes create a psychological supportAnother reason Bitcoin has managed to hold the $109,000 level is optimism surrounding plans for a United States Strategic Bitcoin Reserve. Jan3 founder Samson Mow recently noted that the Trump administration is “pushing forward” budget-neutral strategies to acquire Bitcoin. Some analysts also highlight the possibility of a reevaluation of the US Treasury’s gold reserves.

Countries with the highest gold reserves. Source: BloombergBy repricing gold’s official value from the $42.22 level set by Congress in 1973, the US Treasury could potentially unlock nearly $1 trillion in credit, though US Treasury Secretary Scott Bessent has dismissed speculation of such a move. Even so, analysts remain confident in the government’s ability to successfully launch a Strategic Bitcoin Reserve in the coming months.

Key drivers that could push Bitcoin above $120,000 include clearer regulation across the digital asset industry, a temporary agreement to avert a looming US government shutdown, and reduced risks reflected in upcoming US job market data. Meanwhile, even the possibility of the US Treasury adding Bitcoin to its reserves provides a psychological support level for the market if those broader events turn unfavorable.

This article is for general information purposes and is not intended to be and should not be taken as legal or investment advice. The views, thoughts, and opinions expressed here are the author’s alone and do not necessarily reflect or represent the views and opinions of Cointelegraph.

Posted: September 29, 2025

Key Takeaways
Do we know who owns the dormant wallet or why the transfers were made?
No, the identity of the wallet owner and the reason behind the transfers remain unknown. Lookonchain noted that the receiving wallet was initially funded by miners around 15 years ago.

How much has Bitcoin’s value increased since the wallet was first funded?
Bitcoin’s value has surged approximately 830 times over the past 12 years, rising from around $135 to over $111,800 at press time.

A dormant Bitcoin [BTC] wallet, untouched for over a decade, sprang back to life on the 28th of September, moving $44 million worth of BTC for the first time in 12 years.

Whale moves 400 BTC after 12 years
Blockchain analytics platforms Lookonchain and Arkham Intelligence reported that the wallet address “1ArUG…zwaWT” transferred roughly 400 BTC in mostly equal batches of 15 BTC, effectively emptying the long-idle account.

The stash was originally funded by miners 15 years ago, though the identity of the owner remains unknown.

Over the 12-year holding period, Bitcoin’s price has surged roughly 830 times, from $135 to $111,800 at press time.

What are on-chain metrics suggesting?
On-chain metrics provide further insight into these market dynamics.

Coin Days Destroyed (CDD), which weighs older coins more heavily when spent, spiked in recent days, suggesting long-term holders moved or sold assets to realize profits.

Historically, this activity has marked market tops.

Source: Bitbo

However, fresh data pointed to a cooling trend.

CryptoQuant reported that monthly CDD fell from a peak above 1.3 million to around 650,000, below its yearly average. That decline suggested fewer long-term holders (LTHs) were sending coins to exchanges.

Additionally, the Spent Output Profit Ratio (SOPR), which measures the profitability of spent Bitcoin transactions by comparing the selling price to the acquisition price, stood at 1.0053.

Source: Bitbo

Naturally, this indicated that the average profit realized from recent sales was smaller. In fact, on a monthly basis, SOPR fell from 3 (a 200% average profit) to 1.70 (70% profit).

Together, these signals imply that LTH is becoming more patient, potentially reducing immediate downward pressure on Bitcoin and signaling a more stable market outlook in the near term.

Bitcoin’s price action and more
Moreover, Bitcoin continued its choppy trading, slipping slightly to $112,101.08 over the past 24 hours, down just 0.16%, according to CoinMarketCap.

While short-term volatility has given bears some control, technical indicators suggest bullish sentiment remains intact.

The Relative Strength Index (RSI) held above 70, indicating bullish sentiment, though its overbought reading hinted at the risk of a short-term pullback.

Source: TradingView

Has this happened before?
That being said, this was not an isolated event.

On the 17th of September, another dormant whale moved 1,000 BTC valued at $116.8 million, securing massive profits from its original $847,000 purchase.

Adding to the excitement, on the 15th of September, a Satoshi-era whale swapped 35,991 BTC ($4.04 billion) for 886,371 Ethereum [ETH] ($4.07 billion), fueling Ethereum’s strongest third quarter on record.

Together, these developments suggest that while minor corrections may occur, Bitcoin’s broader momentum is poised to favor the bulls.

A leaked report alleging Dashjr backed a Bitcoin hard fork has reignited debate over immutability, censorship resistance, and who governs the protocol.

Summary

leak alleged Dashjr backed a Bitcoin hard fork through a multisignature committee empowered to review and prune blockchain content.
Dashjr dismissed the claims as fabricated and stressed that he had never proposed a hard fork or related mechanism.
Adam Back criticized the idea as moving straight to censorship without safeguards, while Pledditor questioned its absence from formal channels.
The episode revived debate over Bitcoin’s role, whether as a purely financial ledger or a platform where some data can be filtered.

Dashjr rejects Bitcoin hard fork claims
On Sep. 25, a report from independent outlet The Rage set off a wave of discussion across the Bitcoin community. The publication claimed to have obtained private messages belonging to Luke Dashjr, the maintainer of Bitcoin Knots, and presented them as evidence that he was backing a hard fork.

In Bitcoin’s (BTC) terms, a hard fork is a type of upgrade that creates a new chain of rules, breaking compatibility with the existing network.

According to The Rage, Dashjr’s alleged plan centered on the creation of a trusted multisignature committee with authority to retroactively alter the blockchain and review transactions. 

The scope of what qualified as “unacceptable” was broad in the leaked messages. It included material universally condemned, such as child abuse imagery, but reportedly extended further into “non-monetary” uses of the blockchain.

The Rage also claimed to have video proof authenticating the leak, although no independent verification has yet emerged.

The leak gained wide traction because of one line attributed to Dashjr: “either Bitcoin dies or we have to trust someone.” Once circulated on X, the remark was quickly interpreted by many as a direct challenge to Bitcoin’s founding principle of immutability, the idea that once a transaction is confirmed it becomes an unchangeable part of the ledger.

Dashjr rejected the claims outright. In multiple replies on X, he dismissed The Rage’s report as “fake news” and “fabricated nonsense.” 

The truth is I have not proposed a hardfork or anything of the sort, and these bad actors are just grasping at straws to slander me and try to undermine my efforts to save Bitcoin again.

— Luke Dashjr (@LukeDashjr) September 26, 2025

He stressed that he had never proposed such a plan, writing, “The truth is I have not proposed a hardfork or anything of the sort, and these bad actors are just grasping at straws to slander me.” In other posts he reiterated plainly: “There is no hard fork.”

Support also came from within the developer community. Taproot Wizards co-founder Udi Wertheimer described the story as a fake piece and argued that even if the texts were real, they were speculative or presented without context, not evidence of a concrete proposal.

i read the luke dashjr hit piece.

it's wrong. basically the entire article is wrong.

i'm (obviously) not on luke's side, but guys this is just a sloppy low quality propaganda piece.

first of all: sharing private messages is not cool. for many obvious ethical reasons. but one… pic.twitter.com/pHxrHDxhN0

— Udi Wertheimer (@udiWertheimer) September 26, 2025

Committee plan outlined in leaked texts
The leaked messages allegedly described a framework in which a multisignature committee would be empowered to review blockchain content and decide which categories should be removed. 

Examples in the messages included child sexual abuse material, inscription activity such as Ordinals, and other forms of data labeled as “spam.” Once identified, this content would not be preserved on the chain and would instead be replaced with zero-knowledge proofs. 

Zero-knowledge proofs are cryptographic methods that allow verification of a statement without revealing the underlying data. In this case, they would allow nodes to confirm that a transaction remains valid even after its associated content has been pruned.

Today, every full node stores Bitcoin’s entire history from the genesis block up to the latest block. Each node keeps an identical record, allowing the ledger to remain immutable and independently auditable.

The leaked proposal suggested a different setup: nodes could prune flagged content and rely on zero-knowledge proofs to maintain verification continuity. Consensus rules would, in theory, remain mathematically consistent, yet the historical record available to each node would no longer be uniform or complete. 

The timing of the leak coincided with debate over Bitcoin Core version 30, which is changing how OP_RETURN and arbitrary data are handled. 

OP_RETURN is the field that lets users attach extra information to transactions; it has been widely used for inscriptions tied to Ordinals and similar metadata schemes. 

Version 30 removes the long-standing 80-byte default cap in relay and mempool policy, giving node operators more freedom over how much data they accept. That adjustment has reignited arguments over whether Bitcoin should remain a pure monetary ledger or also host broader data.

Against that backdrop, the leaked proposal to prune non-monetary content and replace it with zero-knowledge proofs appeared directly connected to those same concerns, making the story especially charged. 

However, no independent verification of the leaked messages or the claimed video proof has emerged, leaving their authenticity in doubt.

Adam Back warns of censorship risks
The leaked excerpts left important gaps. They did not explain how a proposed committee would be formed, what boundaries would guide its decisions, or how disagreements could be handled. 

It was also unclear whether the system was meant to operate only within Bitcoin Knots or if it was intended as a model that could eventually influence Bitcoin Core itself. 

The lack of detail made it difficult to judge whether the idea amounted to a real proposal or simply private discussion elevated into something larger.

Reactions came quickly. Adam Back, Blockstream’s CEO and a long-time Bitcoin developer, criticized the idea for moving “straight to the censorship tech,” without any discussion of safeguards. 

ugh. far worse than i could've imagined. skipped past slippery slope arguments, @lukedashjr / knots plan is to jump straight to the censorship tech that myself and @csuwildcat were specifically warning about with legal citations from prior internet cases. https://t.co/lhvGscoXVX

— Adam Back (@adam3us) September 25, 2025

Some in the community drew parallels with earlier internal conflicts, describing the dispute as less about block size and more about Bitcoin’s role — whether it should remain a strictly financial ledger or become a platform where certain data can be filtered. 

Supporters of moderation argued that spam and illicit material expose Bitcoin to legal and reputational risk. Opponents countered that pruning any category of data, even if zero-knowledge proofs preserved validity, would mark a break from immutability and censorship resistance.

Skepticism also surfaced about how the story was presented. In a widely shared post, the analyst Pledditor argued that if Dashjr had seriously proposed a hard fork, it would have appeared on formal channels such as the developer mailing list or GitHub. 

He suggested that framing private conversations as formal proposals risked repeating past disputes, where selective excerpts circulated without context.

Past forks show limits of consensus
Bitcoin’s history offers clear precedent for how governance disputes unfold, and each episode has shaped expectations for future proposals.

The most disruptive split came in August 2017 with the creation of Bitcoin Cash (BCH). That fork followed years of debate over block size, with one camp advocating larger blocks to preserve Bitcoin’s use as peer-to-peer cash and another emphasizing SegWit and second-layer solutions for scaling. 

When no agreement held, the chain split. Holders of Bitcoin at the time were credited an equivalent balance of BCH on most major exchanges, forcing wallets, custodians, and miners to handle replay protection, fragmented liquidity, and reputational fallout. 

In time, Bitcoin Cash itself fractured again, most notably into Bitcoin SV (BSV), reinforcing the pattern that when consensus cannot be achieved, forks tend to create entirely new chains rather than upgrades accepted across the board.

Later in 2017, SegWit2x, also known as the New York Agreement, attempted a different path. The plan called for SegWit activation followed by a hard fork to double block size. 

Despite backing from large mining pools and businesses, the initiative was cancelled in November, just before launch, as developers and many node operators resisted what they saw as a rushed, top-down attempt to rewrite rules without broad consensus.

Earlier efforts such as Bitcoin XT and Bitcoin Classic in 2015 and 2016 followed a similar arc. Both clients pushed for aggressive block size increases but failed to gain traction. 

Taken together, these episodes showcase several themes. Contentious hard forks rarely secure unified adoption and often result in lasting splits. Proposals seen as ambiguous, rushed, or lacking broad consultation tend to collapse. 

Above all, legitimacy has proven as important as technical merit: initiatives perceived as serving narrow interests or bypassing open discussion face resistance regardless of their engineering.

These lessons inform how the Dashjr leak is being read. The alleged framework has already been met with skepticism, not only for its substance but also because it surfaced through private messages rather than formal forums. 

History suggests that proposals introduced this way, without open and transparent debate, are unlikely to gain momentum. Bitcoin’s rules may be defined in code, but its endurance depends equally on its social contract, where trust and legitimacy matter as much as technical design.

Bitmine disclosed on Monday that it holds more than 2.65 million ethereum and a combined $11.6 billion in crypto and cash. Bitmine: $11.6B Combined Holdings, 192 Bitcoin, 2.65M ETH, and Cash As of Sept. 28 at 7 p.m.

Despite a slight resurgence witnessed across the broad crypto market today, consistent volatility appears to be watering down institutional interest. 

On Monday, on-chain tracking firm Lookonchain spotted BlackRock returning portions of its Bitcoin and Ethereum holdings to a major crypto exchange.

According to the data, the global asset management firm deposited 49,607.8 ETH and 340.5 BTC to the exchange in less than an hour.

HOT Stories

Sparking debates across the crypto community, the move saw BlackRock transfer Bitcoin and Ethereum worth a combined $244 million into a wallet on Coinbase Prime, hinting at a potential sell-off attempt.

Is BlackRock selling?It is important to note that BlackRock is renowned for relentlessly accumulating Bitcoin and Ethereum, regularly adding to its reserves during both market dips and rallies. However, its latest Bitcoin and Ethereum deposits suggest that the firm may be putting its accumulation strategy on hold.

While this is not the first time BlackRock has been spotted moving some of its crypto holdings to an exchange, the move is unusual and has raised questions given the timing of the transaction.

Although the leading crypto fund has yet to clarify speculations surrounding its latest crypto transfers, market watchers believe that such large-scale transfers to exchanges are key indicators of potential sell-offs.

However, some commentators pointed out that Coinbase Prime serves as the firm’s crypto custodian, meaning the transfers might not signal a sell-off but instead reflect operational or compliance-related reallocation, possibly to meet ETF liquidity requirements.

Regardless of the true intention behind the deposits, given BlackRock’s long-term bullish stance on Bitcoin and Ethereum, enthusiasts are confident the move represents a short-term response to market conditions rather than the end of its accumulation strategy.

While large institutional transfers of this size have historically caused short-term market impacts, BlackRock’s latest activity has yet to affect the trading price of Bitcoin and Ethereum.

Both cryptocurrencies remain in positive territory at the time of writing, with Bitcoin and Ethereum showing daily gains of 4% and 4.24%, respectively.

Stellar rides the bull to tackle monthly heights: SEC withdraws all delay notices, including the XLM ETF submission.

Published:
September 29, 2025 │ 3:41 PM GMT

The altcoin behind the popular Layer-1 chain, Stellar (XLM), just picked up 4.44% gains to surpass $0.37, inching closer to a key resistance level. $0.41 is supposed to set off a wider rebound rally for Stellar (XLM), says seasoned crypto analyst Ali Martinez.

This price level was last touched on September 13, 2025, also hitting a cycle top in August. XLM’s ability to close the day above this level would fuel the $1 target, but for this to happen a couple of factors have to play out for the OG altcoin.

Stellar’s Game-Changer Fuels $1 Campaign For XLMLast month, Stellar Lumens struck a deal with Archax to bring a $24 billion Real World Asset (RWA) market on-chain. Currently, that’s roughly twice the size of XLM coin’s market cap, so holders expect price appreciation if the trading volumes pick up pace.

So far, the daily volumes don’t typically reach $200 million daily in September, while main competition like Ripple (XRP) is seeing billions of dollars a day. Despite this, XLM’s price is 432% up from the cycle low of $0.07, but still 53% away from the all-time pinnacle of $0.7985.

If the altcoin takes any inspiration from Ripple’s coin (XRP), the RWA push could make Stellar Lumens a key player in the cross-border payment field. Moreover, top-tier crypto players, referred to as crypto whales, have shown renewed interest in Stellar (XLM) this month, contrasting from a dim August with the Chaikin Money Flow (CMF) mostly in the red.

Dig into DailyCoin’s popular crypto news:
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People Also Ask:What does the “blast-off” mean?

It highlights a strong upward price movement for Stellar (XLM), sparked by crypto trader Ali Martinez’s recent tweet forecasting XLM to $0.41, tied to a $24 billion Real World Assets (RWA) push, boosting market optimism for cross-border payment adoption.

Why is $0.41 the next stop for XLM?

Analysts, including Martinez, point to technical chart patterns and positive market sentiment, like those hinted at in recent X posts, forecasting $0.41 as a key resistance level before bigger gains.

What’s the $1 moonshot prediction about?

The $1 target reflects long-term optimism, with some forecasts (e.g., CoinCodex) suggesting XLM could hit $0.61 by 2029 if bullish trends continue, fueling the ‘moonshot’ hype.

How can XLM reach these price levels?

Increased adoption by financial institutions, successful ETF developments, or SEC delays clearing (as speculated in X chatter) could drive demand, pushing XLM past $0.41 toward $1.

How to decide if I should invest in XLM?

Research the market, check real-time prices & consider risks like volatility. The blast-off hype is exciting, but timing matters – follow reputable analysts & keep an eye on DailyCoin.

This article is for information purposes only and should not be considered trading or investment advice. Nothing herein shall be construed as financial, legal, or tax advice. Trading forex, cryptocurrencies, and CFDs pose a considerable risk of loss.

Predictive Oncology (POAI), a biotechnology company specializing in AI-driven cancer research, has announced a $344.4 million digital asset treasury centered on Aethir’s ATH token, marking the first time a Nasdaq-listed company will hold and actively manage tokens from a Decentralized Physical Infrastructure Network (DePIN).

The capital strategy was developed with guidance from DNA Fund, a Web3 investment and advisory company, and BTIG, which served as the placement agent, Predictive Oncology disclosed Monday. It was structured as two concurrent private placements in public equity (PIPEs), combining cash investment with a crypto PIPE involving in-kind contributions of ATH tokens, DNA Fund said in a separate announcement.

The structure allows Predictive Oncology to record tokenized DePIN infrastructure as a balance sheet asset, introducing a hybrid financing model that connects traditional equity markets with decentralized computing networks. The ATH treasury will be tied directly to Aethir’s decentralized GPU infrastructure.

Aethir is a decentralized cloud network that provides GPU infrastructure for AI, high-performance computing and gaming applications. The network uses blockchain technology to coordinate and distribute access to physical compute resources, positioning it as a key participant in the DePIN market.

The network’s native asset, ATH, is currently trading at under $0.06 with a market capitalization of about $2.3 billion, according to CoinMarketCap. ATH’s 24-hour trading volume has increased by more than 330%, likely due to the Predictive Oncology treasury announcement.

Aethir (ATH) token price. Source: CoinMarketCapPredictive Oncology’s blockchain pivot lifts stockPredictive Oncology’s move into decentralized infrastructure drew early attention from investors, with shares surging more than 70% on Monday following the announcement of its digital asset treasury. The rally pushed the stock to its highest level since March.

Predictive Oncology (POIA) stock price. Source: Yahoo FinanceBefore the announcement, Predictive Oncology spent the last two years trading as a penny stock with limited revenue and a history of quarterly losses. The company reported just $2,682 in revenue for the second quarter of 2025 and $110,310 in the first quarter, alongside net losses exceeding $2 million in each period.

In its most recent quarter, Predictive Oncology raised approximately $586,000 through an at-the-market offering facility to help fund operations.

In March, the company sold its Skyline Medical division, which manufactured an automated fluid waste management device used in medical centers, as part of a broader strategy to cut expenses and refocus on AI-driven drug discovery.

Predictive Oncology’s new strategy positions it among a growing group of small-cap and microcap firms pivoting toward digital asset treasury models. In July, the former biotech company 180 Life Sciences rebranded as ETHZilla and announced plans to accumulate Ether (ETH) as a treasury asset.

Other publicly traded companies, including Mill City Ventures (MCVT), Nature’s Miracle (NMHI), Upexi (UPXI), Helius Medical Technologies (HSDT) and AVAX One, formerly AgriFORCE Growing Systems, have made similar moves to integrate crypto assets into their balance sheets.

Analysts at Standard Chartered have cautioned that digital asset treasury companies could face a valuation squeeze as market net asset values (mNAVs), which compare a company’s enterprise value to its crypto holdings, continue to decline.

The largest digital asset treasury (DAT) companies have experienced mNAV compression in recent months. Source: Standard Chartered“We see market saturation as the main driver of recent mNAV compression,” Standard Chartered wrote, referring to the rapid increase in companies adopting digital asset treasury strategies this year.

Coinbase gains momentum with institutional adoption via Caliber, with COIN eyeing $329.26 if bullish sentiment holds. Mawson Infrastructure (MIGI) rises 8.54% as Nasdaq compliance extension supports stability, with potential push above $0.50. Earlyworks (ELWS) secures final Nasdaq extension, sparking volatility as traders weigh financing plans and compliance risks.Last week, crypto markets faced dwindling activity, with global crypto market capitalization slipping by 3% as traders exited to avoid losses.

Despite this slowdown, some crypto stocks remain firmly on investors’ radar, mostly due to institutional adoption and ecosystem developments that could drive renewed momentum. Some of them include COIN, MIGI, and ELWS.

Coinbase (COIN)Sponsored

Coinbase closed Friday’s session at $312.59, up 1.92%. The stock is in focus this week, with institutional adoption news fueling investor sentiment.

On September 23, Caliber, a diversified real estate and digital asset management platform, announced that it chose Coinbase Prime as its institutional trading and custody platform to support its Digital Asset Treasury (DAT) Strategy. 

Through Coinbase Prime, Caliber will access deep liquidity and institutional-grade custody.

If this news continues to fuel buying activity through the week, COIN’s price could strengthen toward $329.26.

Want more token insights like this? Sign up for Editor Harsh Notariya’s Daily Crypto Newsletter here.

COIN Price Analysis. Source: TradingViewSponsored

On the other hand, if selling pressure mounts, the price risks a retreat below $293.61.

Mawson Infrastructure Group Inc. (MIGI)
MIGI closed Friday’s trading session at $0.50 per share, recording an 8.54% gain for the day. The stock’s positive movement has drawn attention from market participants, particularly as the company recently provided new operational and corporate updates.

In a release dated September 17, the company reaffirmed that it continues to operate normally across its U.S. facilities, with its Midland, Pennsylvania site remaining a core hub supported by long-term site tenure. 

Importantly, the company addressed its Nasdaq listing status, noting that it has engaged advisors and presented a compliance plan to the exchange. Mawson has since secured an extension to regain compliance, allowing it more time to maintain its listing.

Sponsored

Given these updates, if buying momentum builds through the week, the stock has the potential to push above the $0.53 level. 

MIGI Price Analysis. Source: TradingView
Conversely, MIGI could retreat and test support near $0.47 if selling pressure picks up.

Earlyworks Co., Ltd. (ELWS)
Earlyworks’ shares ended Friday’s trading session at $2.63, gaining 8.47%. The strong move puts the stock in focus this week as traders weigh the company’s latest regulatory update.

Sponsored

On September 23, Earlyworks announced that the Nasdaq Hearings Panel granted it a final extension until October 29 to regain compliance with the exchange’s continued listing standards. 

This extension marks the last opportunity for Earlyworks to meet Nasdaq’s requirements. The company is working on equity financing initiatives to regain compliance, but if it fails to do so by the new deadline, its securities will be delisted. 

Given the heightened attention around compliance and financing progress, price action in ELWS could swing sharply.

If buying momentum builds this week, the stock’s price may climb toward $3.16. 

ELWS Price Analysis. Source: TradingView
Conversely, sustained selling could push shares below $1.94.

Disclaimer

In line with the Trust Project guidelines, this price analysis article is for informational purposes only and should not be considered financial or investment advice. BeInCrypto is committed to accurate, unbiased reporting, but market conditions are subject to change without notice. Always conduct your own research and consult with a professional before making any financial decisions. Please note that our Terms and Conditions, Privacy Policy, and Disclaimers have been updated.