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2025-10-07 12:56 3mo ago
2025-10-07 08:50 3mo ago
American Resources Corporation's ReElement Technologies Advances as Finalist for National Science Foundation Award as Part of the Critical Materials Crossroads Consortium stocknewsapi
AREC
Critical Minerals Crossroads consortium, led by University of Missouri-Kansas City and including ReElement, is competing for major NSF Regional Innovation Engines Award Total Award carries potential funding of up to $160 million over ten years FISHERS, IN / ACCESS Newswire / October 7, 2025 / American Resources Corporation (NASDAQ:AREC) ("American Resources") through its holding in ReElement Technologies Corporation ("ReElement"), a leading U.S. innovator in rare earth element (REE) and critical mineral refining, today announced that the Critical Materials Crossroads consortium - led by the University of Missouri-Kansas City (UMKC) in partnership with ReElement Technologies and other regional collaborators - has officially advanced as one of 15 national finalists for the National Science Foundation (NSF) Regional Innovation Engines competition. Kirk Taylor, Chief Financial Officer of ReElement Technologies commented, "ReElement's multi-mineral refining platform has created a new standard for solving one of the most complex challenges in the critical mineral supply chain - economically viable refining.
2025-10-07 12:56 3mo ago
2025-10-07 08:50 3mo ago
Strategy: Bitcoin's Central Bank With STRC As Its Policy Lever stocknewsapi
MSTR STRC
Analyst’s Disclosure:I/we have a beneficial long position in the shares of MSTR, BTC-USD either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.
2025-10-07 12:56 3mo ago
2025-10-07 08:51 3mo ago
Dell stock pops as company ups long-term revenue growth expectations stocknewsapi
DELL
Shares of Dell Technologies climbed 5% Tuesday after the company increased its long-term revenue and profit growth expectations in a meeting with analysts.

The computer maker said it now expects fiscal 2026 revenue to expand between 7% and 9%, an increase from its prior guidance of growth between 3% and 4%.

For the full year, it now expects diluted earnings per share to grow at least 15%, compared with its previous expectations for growth of 8% or better.

This is breaking news. Please refresh for updates.
2025-10-07 12:56 3mo ago
2025-10-07 08:52 3mo ago
DelphX Announces Non-Brokered Unit Private Placement stocknewsapi
DPXCF
October 07, 2025 8:53 AM EDT | Source: DelphX Capital Markets Inc.
Toronto, Ontario--(Newsfile Corp. - October 7, 2025) - DelphX Capital Markets Inc. (TSXV: DELX) (OTCQB: DPXCF) ("DelphX"), a leader in the development of new classes of structured products, announces that it intends to proceed with a non-brokered private placement ("the Offering") of 1,500,000 units (the "Units") at a subscription price of C$0.05 per Unit, for gross proceeds of C$75,000. Each Unit will consist of one common share ("Common Share") and one Common Share purchase warrant ("Warrant"). Each Warrant will entitle the holder to purchase one Common Share at a price of $0.08, for a period of two years from the date of issuance.

An insider will participate in the Offering subscribing for 1,000,000 units and as a result the Offering will be considered a "related party transaction" within the meaning of Multilateral Instrument 61-101 Protection of Minority Security Holders in Special Transactions ("MI 61-101") and TSXV Policy 5.9 - Protection of Minority Security Holders in Special Transactions. However, DelphX will rely on the exemptions from the formal valuation and minority approval requirements of MI 61-101 contained in sections 5.5(a) and 5.7(1)(a) of MI 61-101 in respect of related party participation, as neither the fair market value of the securities issued to insiders nor the cash consideration paid for such securities will exceed 25% of DelphX's market capitalization.

In connection with the Offering, DelphX will pay cash finder's fees and issue finders' warrants (the "Finders' Warrants") to eligible finders. The Finders' Warrants will be exercisable at $0.08 each for a period of two years after issuance.

Completion of the Offering is subject to the approval of the TSX Venture Exchange. The securities issued pursuant to the Offering will be subject to a hold period of four months plus one day from the date of issuance.

DelphX intends to use the net proceeds from the Offering in connection with general corporate purposes.

About DelphX Capital Markets Inc.

DelphX is a technology and financial services company focused on developing and distributing the next generation of structured products. Through its special purpose vehicle Quantem LLC, the Company enables broker dealers to offer new private placement securities that provide for both fixed income and cryptocurrency solutions. The new DelphX securities will enable dealers and their qualified institutional investors (QIBs) accounts to competitively structure, sell and make markets in:

Collateralized put options (CPOs) that provide secured rating downgrade protection for underlying corporate bonds and/or protection from losses in cryptocurrency holdings;Collateralized reference notes (CRNs) that enable investors to take on a capped rating downgrade and/or cryptocurrency loss exposure of an underlying security or cryptocurrency in exchange for attractive returns.All CPOs and CRNs are fully collateralized and held in custody by US Bank. CPOs and CRNs are proprietary products created and owned by DelphX Capital Markets.

For more information about DelphX, please visit www.delphx.com.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/269452
2025-10-07 12:56 3mo ago
2025-10-07 08:54 3mo ago
Tesoro Gold to present at the Metals & Mining Virtual Investor Conference Tuesday, 7 October 2025 stocknewsapi
TSORF
PERTH, Australia, Oct. 07, 2025 (GLOBE NEWSWIRE) -- Tesoro Gold, ASX: TSO, OTCQB: TSORF), a gold exploration and development company, focused on advancing its El Zorro Gold Project in Chile, today announced that Managing Director Zeff Reeves will present live at the Metals & Mining Virtual Investor Conference, hosted by VirtualInvestorConferences.com on Tuesday, 7 October 2025.

DATE: 7 October 2025
TIME: 9:30 - 10:00 AM ET
LINK: REGISTER HERE
Available for 1x1 meetings: Tuesday, 7 October

Schedule 1x1 Meetings here.

This will be a live, interactive online event where investors will have the opportunity to ask the company questions in real-time. For those unable to attend the live session, an archived webcast will also be made available after the event.

It is recommended that online investors pre-register and complete the system check in advance to ensure seamless participation and receive event updates.  

Learn more about the event at www.virtualinvestorconferences.com.

Recent Company Highlights

Recent Significant Mineral Resource Update

Unconstrained MRE now 2.0 Moz at 1.07g/t Au.Improved the ounce-per-vertical metre profile supporting future mine design.Deposit remains open in all directions, providing strong potential for further Resource growth.
Updated Scoping Study Outcomes

Expanded and upgraded Ternera open pit gold mining and processing development.Robust project economics with a post-tax NPV7.5% of US$663M at a US$ 2,750/oz gold price.Simple and scalable development pathway using a proven processing flowsheet.
Tesoro Gold
Tesoro is an Australian public company that has discovered Chile’s first Intrusive Related Gold System (IRGS) identifying a new gold district at its El Zorro Gold Project.  

Covering 570km2 in a coastal location with ready access to grid power and water, Tesoro holds the largest and most prospective gold project in Chile. The Company is rapidly advancing the Ternera Gold Deposit towards development and production.

With a cash position of AUD$35 million (post receipt of all funds from recent placement of securities), Tesoro is fully funded to complete advanced feasibility studies, permitting and aggressive regional exploration programs to unlock a new multimillion ounce gold district.

About Virtual Investor Conferences®
Virtual Investor Conferences (VIC) is the leading proprietary investor conference series that provides an interactive forum for publicly traded companies to seamlessly present directly to investors.

Providing a real-time investor engagement solution, VIC is specifically designed to offer companies more efficient investor access.  Replicating the components of an on-site investor conference, VIC offers companies enhanced capabilities to connect with investors, schedule targeted one-on-one meetings and enhance their presentations with dynamic video content. Accelerating the next level of investor engagement, Virtual Investor Conferences delivers leading investor communications to a global network of retail and institutional investors.
2025-10-07 12:56 3mo ago
2025-10-07 08:54 3mo ago
Wall Street sets AMD stock price for the next 12 months stocknewsapi
AMD
Advanced Micro Devices (NASDAQ: AMD) announced a multi-year deal with OpenAI on Monday, October 6, a move that could generate more than $100 billion in revenue for the chipmaker.

The agreement calls for AMD to support 6 gigawatts of data center capacity over several years, with the first 1 GW rollout set for the second half of 2026 using its MI450 GPUs and Helios rack systems.

As part of the partnership, AMD will also issue 160 million shares to OpenAI, roughly a 10% stake in the company, starting at $600 per share.

At the time of writing, AMD stock was trading at $204.70, up 26% on the weekly chart.

AMD stock price. Source: Finbold
New AMD price targets
Understandably, analysts welcomed the deal with open arms. Mizuho, for instance, reiterated its “Outperform” stance with a $205 price target, citing revenue prospects as key drivers while cautioning that Nvidia (NASDAQ: NVDA) remains the dominant force in the industry.

At the same time, Bank of America highlighted the partnership as likely incremental to AMD’s existing Middle East agreements, with a “Buy” rating and a price target of $250. 

Also bullish, UBS believes the 6GW commitment could help AMD secure as much as a third of merchant GPU deployments. Accordingly, it gave the company a “Buy” rating and a projected target of $265. Meanwhile, Evercore expects an earnings lift of more than $2 in 2027 and $4 in 2028, raising its price projection to $240 and giving it a “Buy” score.

Baird, with a “Buy” rating and a new projected price of $240, pointed to the competitiveness of AMD’s MI450 chips, suggesting the new contract could push AMD’s market share beyond 20% by 2027. With the same 12-month numbers, Stifel commented on the agreement as “earnings accretive.”

Will AMD hit $300?
The most optimistic projections came from Melius, Barclays, and Jefferies, all believing AMD shares will hit $300. Melius argued that despite dilution, 2027 EPS could climb 35% to $10, translating to $27 billion in AI revenue, while Jefferies upgraded the stock to “Buy” due to strong AI demand. 

In other developments, Morgan Stanley raised its 2027 data center GPU revenue forecast from $13 billion to $20 billion. Cantor Fitzgerald and Truist also lifted EPS forecasts to $9.25 for 2027, with targets of $275 and $273, respectively.​

Finally, Oppenheimer likewise acknowledged the deal would likely be lucrative, estimating more than $15 billion in revenue per gigawatt. Nonetheless, it maintained a “Neutral” position pending greater clarity on earnings contributions. 

All in all, the average AMD stock price target for the next year sits at $215.59 based on a total of 35 ratings aggregated on the market analysis platform TipRanks. The figure implies a 5.83% upside potential from the current price.

AMD stock price target. Source: TiPranks
Despite the overall positive outlook, however, some risk still remains, as is apparent from some analyst takes mentioned above. For instance, there is some uncertainty regarding chip packaging (CoWoS) and competition from custom ASICs. 

Featured image via Shutterstock
2025-10-07 12:56 3mo ago
2025-10-07 08:55 3mo ago
Will Levi's Stock Rally On Its Upcoming Earnings? stocknewsapi
LEVI
04 September 2025, Baden-Württemberg, Stuttgart: The lettering and brand logo of Levi Strauss & Co. can be seen on the facade above the entrance of a branch of the company in downtown Stuttgart (Baden-Württemberg) on September 4, 2025. Photo: Matthias Balk/dpa (Photo by Matthias Balk/picture alliance via Getty Images)

dpa/picture alliance via Getty Images

Levi Strauss (NYSE: LEVI) is set to announce its fiscal third-quarter earnings on Thursday, October 9, 2025, with analysts forecasting adjusted earnings of 31 cents per share alongside a revenue of $1.50 billion. This would indicate a 6% decline in earnings year-over-year and a 1% decrease in sales compared to last year's figures of $0.33 per share and $1.52 billion in revenue. Historically, LEVI stock has risen 56% of the time after earnings announcements, with a median one-day increase of 4.6% and a maximum observed surge of 11%.

Levi Strauss reported a strong Q2 2025, with revenue climbing 6% to $1.45 billion, achieving a record gross margin of 62.6%, and an EPS increase of 37% to $0.22. Growth was driven by direct-to-consumer sales and performance in Europe, while Asia remained flat. The company has raised its full-year guidance to organic sales growth of 4.5–5.5% and an EPS range of $1.25–$1.30, acknowledging tariff and macroeconomic risks but emphasizing brand strength and margin improvements. Separately, check ABBV Stock vs. Eli Lilly & Merck.

The company currently has a market capitalization of $9.7 billion. Its revenue over the past twelve months reached $6.3 billion, and it has been operationally profitable with $685 million in operating profits and a net income of $405 million. Although much will rely on how the results compare to consensus and expectations, recognizing historical trends could give event-driven traders an advantage.

For traders focused on events, historical trends may provide an advantage, whether by positioning before earnings or responding to post-release movements. If you're aiming for gains with lower volatility compared to individual stocks, the Trefis High Quality portfolio offers an alternative. It has significantly outperformed its benchmark, which is a blend of the S&P 500, Russell, and S&P MidCap indexes, achieving returns over 91% since its inception. What accounts for this? As a group, HQ Portfolio stocks have yielded better returns with reduced risk compared to the benchmark index; presenting a more stable investment experience, as illustrated in HQ Portfolio performance metrics. See earnings reaction history of all stocks.

Historical Odds Of Positive Post-Earnings ReturnsSome insights on one-day (1D) post-earnings returns:

There have been 18 earnings data points recorded over the last five years, with 10 positive and 8 negative one-day (1D) returns noted. In summary, positive 1D returns occurred approximately 56% of the time.However, this percentage drops to 40% when looking at data for the last 3 years instead of 5.The median of the 10 positive returns is 4.6%, while the median of the 8 negative returns is -7.7%.Additional details for observed 5-Day (5D) and 21-Day (21D) returns post earnings are compiled along with the statistics in the table below.

LEVI Correlation Between 1D, 5D, and 21D Forward Returns

Trefis

Correlation Between 1D, 5D, and 21D Historical ReturnsA relatively less risky strategy (though not effective if the correlation is low) involves understanding the correlation between short-term and medium-term returns following earnings, identifying a pair with the strongest correlation, and executing the corresponding trade. For instance, if 1D and 5D exhibit the highest correlation, a trader could position themselves “long” for the subsequent 5 days if the 1D post-earnings return is positive. Below is some correlation data based on 5-year and 3-year (more recent) history. Note that the correlation 1D_5D refers to the correlation between 1D post-earnings returns and the subsequent 5D returns.

LEVI Correlation Between 1D, 5D, and 21D Historical Returns

Trefis

Learn more about Trefis RV strategy which has surpassed its all-cap stocks benchmark (a combination of all three, the S&P 500, S&P mid-cap, and Russell 2000), resulting in strong returns for investors.
2025-10-07 12:56 3mo ago
2025-10-07 08:55 3mo ago
Strength Seen in Knightscope (KSCP): Can Its 19.0% Jump Turn into More Strength? stocknewsapi
KSCP
Knightscope, Inc. (KSCP - Free Report) shares rallied 19% in the last trading session to close at $7.4. This move can be attributable to notable volume with a higher number of shares being traded than in a typical session. This compares to the stock's 13.5% gain over the past four weeks.

The stock recorded this price increase as the company benefits from continued growth in recurring autonomous security robot service revenues and scalability from its move to a larger facility. Prudent cost management, operational enhancements and product innovation fuel long-term shareholder value.

This company is expected to post quarterly loss of $0.77 per share in its upcoming report, which represents a year-over-year change of +78.5%. Revenues are expected to be $2.73 million, up 7.5% from the year-ago quarter.

While earnings and revenue growth expectations are important in evaluating the potential strength in a stock, empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements.

For Knightscope, the consensus EPS estimate for the quarter has remained unchanged over the last 30 days. And a stock's price usually doesn't keep moving higher in the absence of any trend in earnings estimate revisions. So, make sure to keep an eye on KSCP going forward to see if this recent jump can turn into more strength down the road.

The stock currently carries a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>

Knightscope is a member of the Zacks Technology Services industry. One other stock in the same industry, Digi Power X Inc. (DGXX - Free Report) , finished the last trading session 10.2% higher at $2.91. DGXX has returned 6.5% over the past month.

For Digi Power X Inc., the consensus EPS estimate for the upcoming report has remained unchanged over the past month at -$0.11. This represents a change of +35.3% from what the company reported a year ago. Digi Power X Inc. currently has a Zacks Rank of #2 (Buy).
2025-10-07 12:56 3mo ago
2025-10-07 08:55 3mo ago
Heidrick & Struggles (HSII) Surges 19.6%: Is This an Indication of Further Gains? stocknewsapi
HSII
Heidrick & Struggles (HSII - Free Report) shares ended the last trading session 19.6% higher at $58.22. The jump came on an impressive volume with a higher-than-average number of shares changing hands in the session. This compares to the stock's 3.4% loss over the past four weeks.

The stock recorded this price increase as the company’s top line gains from rising leadership assessment, as HSII implemented an intense focus on pairing assessments with different client solutions.

This executive search firm is expected to post quarterly earnings of $0.76 per share in its upcoming report, which represents a year-over-year change of +5.6%. Revenues are expected to be $305.21 million, up 9.6% from the year-ago quarter.

Earnings and revenue growth expectations certainly give a good sense of the potential strength in a stock, but empirical research shows that trends in earnings estimate revisions are strongly correlated with near-term stock price movements.

For Heidrick & Struggles, the consensus EPS estimate for the quarter has remained unchanged over the last 30 days. And a stock's price usually doesn't keep moving higher in the absence of any trend in earnings estimate revisions. So, make sure to keep an eye on HSII going forward to see if this recent jump can turn into more strength down the road.

The stock currently carries a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>

Heidrick & Struggles is part of the Zacks Staffing Firms industry. RCM Technologies, Inc. (RCMT - Free Report) , another stock in the same industry, closed the last trading session 2.1% lower at $24.7. RCMT has returned -8% in the past month.

For RCM Technologies, the consensus EPS estimate for the upcoming report has remained unchanged over the past month at $0.45. This represents a change of +2.3% from what the company reported a year ago. RCM Technologies currently has a Zacks Rank of #3 (Hold).
2025-10-07 11:55 3mo ago
2025-10-07 07:00 3mo ago
ZKsync launches Atlas upgrade to support enterprise and institutional blockchains cryptonews
ZK
Matter Labs says the ZKsync Atlas upgrade will let enterprises run customizable chains that connect to global markets.
2025-10-07 11:55 3mo ago
2025-10-07 07:00 3mo ago
Cardano eyes $1.3 as ETF decision looms large – But here's the catch! cryptonews
ADA
Journalist

Posted: October 7, 2025

Key Takeaways
Will Cardano sustain its rebound?
The rebound from $0.75 reflects renewed bullish momentum, supported by strong accumulation and improved technical structure.

Could ADA rally toward $1.30 before the ETF decision?
Tightening supply and rising Open Interest indicate ADA could extend its recovery into the ETF decision window.

Cardano’s [ADA] rebound from the $0.75 support zone came at a critical moment as investors awaited the SEC’s ruling on Grayscale’s ADA ETF, scheduled for the 26th of October.

The market’s cautious optimism reflected expectations that an approval could revive institutional interest and reinforce Cardano’s credibility as a leading altcoin. 

Meanwhile, growing retail participation continues to fuel price volatility, with traders positioning for a potential breakout in the coming weeks. 

However, the market’s direction remains uncertain as both bulls and bears prepare for an event-driven shift in momentum.

Will ADA’s rebound fuel a stronger uptrend?
Cardano briefly broke below its ascending channel before stabilizing at the $0.75–$0.76 support range.

The rebound from this level showed renewed buying pressure, targeting short-term recovery zones at $0.92 and $1.00.

Holding above $0.90 could open the path to a retest of $1.29 resistance, aligning with bullish sentiment around the pending ETF ruling.

If sellers return, however, ADA could retest $0.75 once more before finding firmer footing.

Source: TradingView

Rising Open Interest shows speculative confidence
Open Interest surged by 8.04% to $1.72 billion at press time, signaling an influx of leveraged positions as traders anticipate increased volatility. 

This sharp rise often indicates growing confidence among speculators ahead of a major event. However, it also highlights the risk of aggressive liquidations in both directions if sentiment shifts abruptly. 

While the ETF ruling remains the main catalyst, this data suggested that ADA could see heightened activity across derivatives markets, especially as short-term traders attempt to capitalize on the ETF-driven volatility cycle.

Is tightening supply signaling the next ADA breakout?
The Stock-to-Flow Ratio for ADA spiked significantly, pointing to a tightening supply as long-term holders reduced sell pressure.

This supply contraction aligned with historical accumulation patterns that often preceded multi-week rallies.

Still, excessive optimism could cause short-lived spikes if the ETF outcome disappoints. The trend indicated a shift from speculative churn toward stronger conviction among long-term holders.

Can ADA sustain momentum into the ETF decision?
Cardano’s rebound from $0.75, coupled with rising Open Interest and a surging Stock-to-Flow ratio, confirmed strong underlying demand. 

The tightening supply indicated that long-term holders were accumulating rather than distributing, reinforcing bullish conviction. 

If momentum sustains, ADA could extend its rally toward $1.30 before the SEC’s decision. Unless broader market sentiment reverses, ADA’s setup supports a steady climb into late October as investor confidence strengthens.
2025-10-07 11:55 3mo ago
2025-10-07 07:01 3mo ago
GENIUS Act Fuels Stablecoin Boom on Solana — Is Ethereum Losing Ground? cryptonews
ETH SOL
A Bitwise analyst says Solana's stablecoin supply has grown faster than any other blockchain.Since the GENIUS Act was passed, Solana's stablecoin supply has grown 40% in 3 months.Ethereum still dominates, holding over 50% of all stablecoins and maintaining a 10x lead in RWA TVL.The total market cap of stablecoins is rising rapidly, and a new report suggests the Solana blockchain is leading the charge.

In a recent post on X, Bitwise Investments analyst Danny Nelson argued that Solana has seen the most significant increase in its circulating stablecoin supply since the passage of the GENIUS Act.

Sponsored

Sponsored

Solana’s Stablecoin Supply Jumps 40% After GENIUS ActSolana is currently the third-largest blockchain by stablecoin hosting. But Nelson pointed out that, despite this, it has been the fastest-growing blockchain for stablecoin supply over the past three months.

On July 18, President Donald Trump signed the GENIUS Act. This bill clarifies regulations on the issuance and distribution of stablecoins. It was signed when Solana’s stablecoin market cap was around $10 billion. In the three months since, it has surged by 40%.

According to data from the on-chain analysis platform rwa.xyz, Solana’s stablecoin market cap is now at about $13.9 billion. Ethereum, with a market cap of $172.4 billion, remains the undisputed leader in the stablecoin market.

The Allure of Speed and Low CostsHowever, since the GENIUS Act was passed, Ethereum’s stablecoin growth has been a much slower 27%. Stablecoin-focused blockchains like Base, Hyperliquid, and Arbitrum saw even lower growth rates. Meanwhile, Tron, the second-largest blockchain by stablecoin market share, has seen its supply fall by nearly 4%.

Nelson believes that since the GENIUS Act, companies and banks have been looking for places to experiment with stablecoins. He says that payment-focused stablecoins are a key part of the GENIUS Act and that low cost and high speed are essential.

Nelson believes that Solana, which has long outperformed Ethereum in these areas, could now be poised to challenge the market leader.

Sponsored

Sponsored

He noted that the growth rate has been particularly fast in the last 30 days. During this period, Solana’s stablecoin supply grew by roughly $3 billion, a 25% increase. In the same timeframe, however, Ethereum’s stablecoin market cap grew by just 8%.

This growth is tied to the expectation of a broader stablecoin adoption. Additionally, it appears to be linked to the upcoming launch of Solana spot ETFs in the fourth quarter.

The launch of five new Solana spot ETFs, starting with Grayscale’s Solana Trust (GSOL) on October 10, is expected to have a major impact on SOL‘s price. At the time of writing, SOL is trading at around $230.60.

A Different PerspectiveDespite Nelson’s claims, some crypto investors have actively pushed back. Crypto investor @SamAltcoin_eth pointed out that while ETH holds 54% of all stablecoins, Solana has just 5%.

This means that despite Solana’s recent growth, the absolute number of stablecoins on the Ethereum blockchain is still overwhelming.

Stablecoin Metrics(Network). Source: rwa.xyzAnother Ethereum enthusiast added that it’s important to look at RWA TVL (Real-World Asset Total Value Locked). He said that over the last 30 days, Ethereum’s stablecoin TVL has increased by $10 billion, while Solana’s grew by $2.4 billion, giving Ethereum a lead of over 4x.

In the same period, Ethereum’s RWA (Real World Assets) TVL rose by $1.9 billion, compared to just $190 million on Solana, a 10x lead in Ethereum’s favor.

Disclaimer

In adherence to the Trust Project guidelines, BeInCrypto is committed to unbiased, transparent reporting. This news article aims to provide accurate, timely information. However, readers are advised to verify facts independently and consult with a professional before making any decisions based on this content. Please note that our Terms and Conditions, Privacy Policy, and Disclaimers have been updated.
2025-10-07 11:55 3mo ago
2025-10-07 07:06 3mo ago
Senator Cynthia Lummis says US government can begin funding Bitcoin reserve at any moment cryptonews
BTC
Senator Cynthia Lummis says the U.S. government can begin funding its Bitcoin Reserve at any moment.
2025-10-07 11:55 3mo ago
2025-10-07 07:09 3mo ago
‘Bitcoin should reach half of gold's market cap' – VanEck projects $644k BTC cryptonews
BTC
‘Bitcoin should reach half of gold’s market cap’ – VanEck projects $644k BTC Oluwapelumi Adejumo · 47 seconds ago · 3 min read

Bitcoin's technological strengths may accelerate its role as a global value store as faith in government currencies declines.

Oct. 7, 2025 at 12:08 pm UTC

3 min read

Updated: Oct. 7, 2025 at 12:09 pm UTC

Cover art/illustration via CryptoSlate. Image includes combined content which may include AI-generated content.

Bitcoin and gold have outperformed every other major asset class this year, reflecting how US macroeconomic uncertainty is reshaping investor behavior.

Gold has surged 48% year to date, reaching an all-time high near $4000. In comparison, Bitcoin has gained over 30% this year and has reached a new high above $126,000. Notably, this marks the first time the two assets have simultaneously held the top performance spots in any calendar year.

Bitcoin and Gold Price Performance (Source: Charlie Bilello)Both rallies stem from the same underlying forces: a search for safety as U.S. fiscal conditions deteriorate and expectations grow that the Federal Reserve will pivot to rate cuts.

With the federal government grappling with ballooning debt and the risk of a prolonged shutdown, investors are increasingly funneling liquidity into assets that can preserve purchasing power.

Ecoinometrics, a macro analysis platform, also corroborated this view.

It noted that while Bitcoin leads in total returns, gold continues to outperform on a risk-adjusted basis.

Bitcoin and Gold Returns (Source: Ecoinometrics)According to the firm, this pattern has held for the past two years, and this consistency signals a sustained preference for hard assets as US debt climbs and fiscal dominance becomes the new economic reality.

The firm added that investors betting on Bitcoin and gold are simply hedging against what they see as a slow erosion of fiat currency value.

Bitcoin’s long-term edge over GoldWhile both assets are receiving praise for their current market performance, there is an increasing belief that BTC could soon upstage gold.

In an Oct. 7 post on X (formerly Twitter), Matthew Sigel, head of digital assets research at VanEck, said Bitcoin could reach half of gold’s market capitalization after the next halving in April 2028. A halving event cuts Bitcoin’s issuance rate by 50%, reducing supply and typically driving price appreciation when demand holds steady.

Sigel emphasized that younger investors, particularly in emerging markets, increasingly view Bitcoin as a superior store of value to the precious metal. Gold’s worth, he noted, largely stems from its role as a value reserve rather than from industrial or jewelry demand.

So, if Bitcoin continues capturing that perception advantage, its market could expand substantially. At gold’s current record price, Sigel calculated an equivalent valuation of $644,000 per BTC.

Notably, several industry veterans share in his optimism.

Dave Weisberger, the founder of CoinRoutes, argued that Bitcoin’s “real bull market” has not yet begun when measured against gold.

Bitcoin Price in Gold (Source: Weisberger)Considering this, he expects Bitcoin to outperform gold in the coming cycles as it cements its position as the “preeminent hard money.”

Weisberger stated:

“When the real Bitcoin bull market starts, you will know it from the expressions of disbelief that echo around this platform… Until then, Bitcoin WILL garner its share of increasing global liquidity, but the real fireworks are in the (unpredictable) future.”

Likewise, David Marcus, former PayPal president, remarked that if Bitcoin were valued like gold, its fair price would exceed $1.3 million per coin.

Their confidence rests on Bitcoin’s technological edge over the physical bullion.

Unlike gold, Bitcoin is digital, divisible, and transferable across borders without intermediaries. It also offers programmable utility, enabling new financial use cases that traditional commodities cannot replicate.

While the global economy still relies on fiat currencies for trade, shifting geopolitics and growing distrust in government-backed money could gradually push Bitcoin closer to gold’s centuries-old role as a universal store of value.

Mentioned in this articleLatest Bitcoin Stories
2025-10-07 11:55 3mo ago
2025-10-07 07:09 3mo ago
Why Ripple's (XRP) $3 Support Could Be the Start of a New Rally cryptonews
XRP
With retail fear spiking and XRP trading around $3, analysts predict a breakout phase could ignite sooner than expected.

Ripple (XRP) is beginning the week with a crucial technical setup as it tests the $3 Fibonacci support level. This zone, analysts say, could determine the crypto asset’s next major move. XRP has been consolidating around it for several days and has shown signs of price stability as it gradually builds momentum.

This consolidation could be a positive sign, often preceding a breakout when support holds firm.

All Eyes on $3
According to the analysis shared by CasiTrades, XRP’s ability to maintain its footing around $3 indicates strong buying pressure and validates the level as a potential springboard for the next rally. The analyst explained that if this support remains intact, XRP could enter a “Wave 3” upward move, which is typically the sharpest and most extended phase in Elliott Wave theory.

The next resistance levels are projected around $4 and $4.50, with further targets dependent on how subwaves develop in the coming sessions. This period is being closely watched as a key inflection point for the token, and any breakdown might signal weakness in the current trend. CasiTrades added,

“This is a critical support test here for XRP. The market is testing strength while forming clear structure. All eyes on how it behaves at this $3 support!”

Complementing this technical outlook, Santiment’s latest data shows that the crypto asset is currently experiencing its highest level of retail fear and uncertainty since Trump’s tariffs were announced six months ago. With bearish comments outweighing bullish ones over two of the past three days, the crypto analytic platform interprets this sentiment imbalance as a potential contrarian buy signal.

Ripple’s DeFi Expansion Accelerates
In line with the broader bullish undertone for the token, Sentora’s on-chain data also revealed a significant surge in activity within the Flare ecosystem, which is closely tied to XRP’s expanding utility. Since the launch of FAssets in September, the DeFi interoperability network, Flare’s total value locked (TVL) has climbed roughly 28%, driven largely by the influx of XRP bridging into the network.

Sentora observed that FXRP caps, which limit XRP’s usage on Flare, have been consistently reached in rapid succession, which points to rising demand for XRP-based DeFi applications.

You may also like:

XRP and Solana ETFs: Wall Street Validation or Decentralization Death Sentence?

Bitcoin Smashes Weekly Inflow Records with $3.55 Billion Surge

Ripple CTO Steps Down – How Will This Big Leadership Change Affect XRP?
2025-10-07 11:55 3mo ago
2025-10-07 07:12 3mo ago
Global crypto ETFs attract record $5.95 billion as bitcoin scales new highs cryptonews
BTC
SummaryBitcoin hits record high amid ETF inflowsU.S. leads crypto ETF inflows, followed by Switzerland and GermanyOct 7 (Reuters) - Exchange-traded funds (ETFs) tracking crypto assets drew record inflows of $5.95 billion globally last week, as strong demand for digital assets helped propel bitcoin to an all-time high.

Digital asset investment products garnered the record capital in the week ended October 4, according to data from Coinshares.

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Bitcoin , the world's largest cryptocurrency, surpassed its August peak to hit a record high on October 5, extending its gains to reach $126,223 for the first time on Monday.

The United States led with $5 billion inflows in crypto ETFs, followed by Switzerland at $563 million and Germany at $312 million, both setting new records, Coinshares said. Bitcoin attracted $3.55 billion, ether $1.48 billion, while solana and XRP drew $706.5 million and $219.4 million, respectively.

Bitcoin's ascent comes alongside a record rally in traditional safe haven gold , as a weakening U.S. dollar amid trade uncertainty and economic concerns is pushing investors to diversify their portfolios.

"This level of investment highlights the growing recognition of digital assets as an alternative in times of uncertainty," said James Butterfill, head of research at CoinShares, in the weekly report.

Deutsche Bank expects bitcoin to feature on most central banks' balance sheets, alongside gold, by 2030.

The cryptocurrency rally this year has been driven by more supportive policies under U.S. President Donald Trump, demand from institutional investors, and bitcoin's deepening integration with global financial markets.

Reporting by Medha Singh in Bengaluru; Editing by Shinjini Ganguli

Our Standards: The Thomson Reuters Trust Principles., opens new tab
2025-10-07 11:55 3mo ago
2025-10-07 07:12 3mo ago
Polymarket empowers users with seamless Bitcoin deposits cryptonews
BTC
TL;DR

Bitcoin deposits: Polymarket introduced Bitcoin deposits on October 6, expanding its payment options as BTC trades near record highs, signaling the platform’s push to capture greater market share.
Market momentum: Bitcoin recently hit a new all-time high above $126,000, with traders betting on a $130,000 peak before November 1, while historical Q4 data and forecasts from JP Morgan and Standard Chartered suggest potential year-end levels between $165,000 and $200,000.
Platform growth: Beyond stablecoins and ETH, Polymarket now supports Bitcoin deposits, strengthening its role in prediction markets after gaining prominence during the 2024 U.S. elections.

Polymarket, the famous prediction market, recently unveiled a new feature, Bitcoin deposits, expanding its payment options as BTC hovers around record highs. The platform made the announcement in an X post on October 6, stating, “Bitcoin deposits. Now Live“. This signals Polymarket’s commitment to keep expanding its offerings and capturing a bigger market share.

Bitcoin deposits.

Now live. pic.twitter.com/FDKlcH3TCS

— Polymarket (@Polymarket) October 6, 2025

Bitcoin milestone fuels market activity
The launch coincides with Bitcoin’s surge to a fresh all-time high above $126,000, sparking renewed momentum across crypto markets. On Polymarket’s “What price will Bitcoin hit in October?” contract, traders currently assign the strongest odds to a $130,000 peak before Nov. 1. The optimism reflects heightened speculative interest as traders look to capitalize on short-term volatility. Bitcoin traded near $124,115 on Tuesday, marking a nearly 10% gain over the past week, according to on-chain data.

Seasonal trends and analyst outlook
Investors are relying on historical patterns that suggest a solid Q4 performance. According to data from CoinGlass, since 2013, Bitcoin has averaged a 79% increase, showing strong bullish indicators. JP Morgan and Standard Chartered stand firmly behind this outlook, predicting that Bitcoin could reach between $165,000 and $200,000 by year’s end. These forecasts reinforce the idea that continued institutional and retail demand will keep increasing prices.

Expanded funding options for users
Polymarket’s integration of Bitcoin deposits broadens its existing support for tokens across Ethereum, Polygon, Base, Arbitrum, and Solana. Users can already fund accounts with USDC, USDT, DAI, and ETH, among others. The platform’s documentation notes that the correct outcome shares pay out $1.00 in USDC at resolution, with withdrawals available in native USDC or USDC.e. The addition of Bitcoin enhances flexibility for participants seeking to diversify their deposit methods while engaging in prediction markets.

Polymarket’s evolving role in prediction markets
Since its inception in 2020, Polymarket has become a crypto industry titan, capturing the prediction market sector where users bet on future events using cryptocurrencies. It reached worldwide fame after the platform played a central role in the 2024 U.S. Presidential Elections. Since then, the company has been improving its platform, integrating Chainlink oracles for priced contracts, and recently, the company introduced earnings markets after obtaining a U.S. license.
2025-10-07 11:55 3mo ago
2025-10-07 07:15 3mo ago
Where Will XRP Be in 1 Year? cryptonews
XRP
Three key catalysts could determine the fate of XRP during the next 12 months.

While XRP (XRP -0.84%) is up about 45% for the year, it's hardly been on a straight upward trajectory. XRP, just like every other cryptocurrency, took a hit after sweeping global tariffs were announced by the Trump administration. And after an impressive summer rally, much of the hype and buzz surrounding XRP has suddenly fizzled.

So where will XRP be in one year? Let's take a closer look at three key catalysts that could determine the trajectory of XRP in 2026.

Spot ETF approvals
First and foremost, the Securities and Exchange Commission is scheduled to consider approving a handful of new spot XRP exchange-traded fund (ETF) applications. All told, six different spot ETF applications could get the green light this month, starting on Oct. 18.

These spot XRP ETF approvals would give XRP instant mainstream acceptance and make it much easier for large institutional investors and individuals to add it to their portfolios. According to some estimates, as much as $8 billion in new money could pour into XRP once the spot ETFs start trading.

Image source: Getty Images.

The big question, though, is just how much of this catalyst has already been priced into XRP. After all, investors have been talking about these spot ETF approvals since the beginning of the year. So there's not going to be a positive surprise when they are actually approved.

Right now, just about everyone thinks that there is a 95% or better chance of approval. It's really just a matter of when, not if, they are approved. Thus, the short-term price impact on XRP might be less than many people expect.

New crypto market regulation
Although the Trump administration has taken a decidedly pro-crypto stance, that doesn't guarantee that XRP is going to play a key role in future crypto developments within the U.S. during the next year. Banks and major financial institutions need to feel comfortable using its blockchain technology to move money around the world.

For that reason, market participants are keeping a close eye on the new Digital Asset Market Clarity Act (i.e., the Clarity Act), which is supposed to be the next major piece of crypto legislation passed by the U.S. Congress. In July, the Congress passed the Genius Act to regulate stablecoins, and the thinking was that the Clarity Act would soon follow.

But the federal government shutdown puts all of this at risk. Right now, market participants think the shutdown will last weeks, not days. And the amount of political infighting involved could lead to an unwelcome setback for this major piece of crypto legislation. So keep an eye on how events unfold in Washington during the next few months.

Will XRP ever replace SWIFT?
For quite some time, crypto enthusiasts have proposed that the XRP blockchain (known as the XRP Ledger) might provide an alternative to the Society for Worldwide Interbank Financial Telecommunication (SWIFT) payment network. The XRP blockchain ledger provides near-instantaneous settlement of transactions and charges only minimal fees.

That's exactly why many now think XRP could one day replace SWIFT, which is using 50-year-old technology and is currently facing pressure to implement change. With that in mind, SWIFT is now testing various blockchain solutions to aid in creating faster, cheaper, and easier cross-border payments.

The good news is that SWIFT has already announced plans for a trial of the XRP payment network. If the trial goes well, then there could be a new uptick in adoption of XRP over the next 12 months.

Roughly $150 trillion in transactions flows through SWIFT on an annual basis, and if only 1% of that gets redirected to XRP, it could provide a huge $1.5 trillion spike in demand for the XRP token.

Just keep in mind: Any convergence of legacy technology and blockchain technology will likely involve many different blockchains. In other words, all the spoils of war won't just go to Ripple (the company behind the XRP token). Other blockchains, including Ethereum, could also play a role in helping to replace or revitalize SWIFT.

How high can XRP go over the next year?
In a worst-case scenario, XRP might continue to trade around the $3 mark. If the new spot ETFs turn out to be a nothing-burger, and if Congress can't put together another piece of comprehensive crypto legislation by the end of the year, that might be the case.

In a best-case scenario, the combination of all three catalysts might send XRP close to its all-time high of $3.84. Right now, online prediction markets are giving XRP a 47% chance of breaking through the $3.75 price level by the end of 2025, and a 42% chance of hitting $4.

Longer term, it's possible to see XRP going even higher. For example, the U.K. multinational bank Standard Chartered recently predicted that it might hit $5.50 by the end of this year, before rallying to the $12.50 by 2028.

There's obviously a lot to be hopeful about when it comes to XRP. But investors should definitely keep their expectations in check. A lot still needs to go right for it to finally hit its full potential over the next year.

Dominic Basulto has positions in Ethereum and XRP. The Motley Fool has positions in and recommends Ethereum and XRP. The Motley Fool has a disclosure policy.
2025-10-07 11:55 3mo ago
2025-10-07 07:15 3mo ago
Bitcoin Rally is Fun, but Don't Overlook RWAs: Crypto Daybook Americas cryptonews
BTC
NewsPricesResearchEventsData & IndicesSponsoredSign InSign UpYour day-ahead look for Oct. 7, 2025 Oct 7, 2025, 11:15 a.m.

(Midjourney/Modified by CoinDesk)

What to know: You are viewing Crypto Daybook Americas, your morning briefing on what happened in the crypto markets overnight and what's expected during the coming day. Crypto Daybook Americas will arrive in your inbox at 7 a.m. ET to kickstart your morning with comprehensive insights. If you're not already subscribed, click here. You won't want to start your day without it.

By Omkar Godbole (All times ET unless indicated otherwise)

Bitcoin BTC$111,480.33 remains in an uptrend, despite the overnight pullback. The world's largest cryptocurrency is on fire, having rallied nearly 10% in one week.

STORY CONTINUES BELOW

While the buzz around BTC is natural, other sub-sectors, such as real-world assets (RWAs), are lighting up big time and deserve attention.

On Monday, Ondo Finance, one of the top five RWA projects by market value, announced the acquisition of Oasis Pro, a U.S. firm with full SEC broker-dealer, ATS, and Transfer Agent licenses.

The takeover enables Ondo to offer compliant tokenized securities products in the U.S., including the issuance, trading, and management of tokenized assets such as equities, corporate debt, and structured products. The ONDO token rose nearly 5% to 96 cents, while continuing to trade well below its December 2024 peak of $2.14.

In a parallel development, the RWA-focused Layer 2 blockchain, Plume Network, said that it has been registered by the SEC as a transfer agent.

The license allows Plume to manage digital securities and shareholder records directly onchain, supporting interoperability with the U.S. Depository Trust & Clearing Corporation (DTCC) settlement network. The network's native token (PLUME) rose by 25% to over 12 cents on the announcement.

Taken together, these announcements signal that the digitization and tokenization of traditional assets are gaining regulated traction, bridging the gap between traditional finance and blockchain innovation.

In other news, Cathie Wood’s ARK Venture Fund invested about $10 million in Securitize, a BlackRock-backed tokenization firm. The stake makes it ARK’s eighth-largest holding.

Speaking of the market outlook, the path of least resistance for BTC remains on the higher side, supported by ETF inflows. However, there is an interesting point to consider: Each of the previous times ETFs pulled in $1 billion or more in a day or two, bitcoin's price put in an interim top and subsequently corrected lower, according to CoinDesk analyst James Straten.

Additionally, the dollar index, which tracks the value of the greenback against major currencies, remains resilient despite discussions of faster Fed rate cuts against the backdrop of the U.S. government shutdown.

A potential rally in the greenback could weigh on cryptocurrencies and gold. The latter is fast closing on the $4,000 mark, a rally that has likes of Citadel concerned. Stay alert!

What to WatchFor a more comprehensive list of events this week, see CoinDesk's "Crypto Week Ahead".

CryptoNothing scheduled.MacroOct. 7, 10:05 a.m.: Fed Vice Chair for Supervision Michelle W. Bowman delivers welcoming remarks at the 2025 Community Banking Research Conference, St. Louis, Mo. Watch live.Oct. 7, 10:30 a.m.: Conversation with Fed Governor Stephen I. Miran at the Managed Funds Association (MFA) Policy Outlook 2025 in New York. Watch live.Earnings (Estimates based on FactSet data)Nothing scheduled.Token EventsFor a more comprehensive list of events this week, see CoinDesk's "Crypto Week Ahead".

Governance votes & callsGnosis DAO is voting on GIP-138 to fund NodeSentinel, a validator monitoring tool used by 94 operators for 60k+ validators. Voting ends Oct. 7.UnlocksNo major unlocks.Token LaunchesOct. 7: KGeN (KGEN) to be listed on Binance, MEXC, BingX, KuCoin, and others.Oct. 7: Klink Finance (KLINK) to be listed on Binance, KuCoin, and others.ConferencesFor a more comprehensive list of events this week, see CoinDesk's "Crypto Week Ahead".

Day 2 of 2: London Fintech SummitDay 1 of 2: FinTech LIVE London 2025Token TalkBy Oliver Knight

Plasma's XPL token shrugged off last week's negative sentiment on Tuesday, rising by more than 11% as it approaches the $1.00 mark after sliding to $0.87 on Monday.The project battled criticism over alleged founding team token sales, a claim founder Paul Faecks adamantly refuted last week.There was also complaints about the Plasma team following links to the less-than-impressive layer 2 network Blast."Of our team of 50, three spent time at Blur or Blast," Faecks wrote on X. "Our team members also come from Google, Facebook, Square, Temasek, Goldman Sachs, and Nuvei. To say our team is 'ex-Blast' is to say it is 'ex' any of these firms. We are proud of the team we've assembled at Plasma."Now, with the negative sentiment in Plasma's rear-view mirror, the stablecoin-focused blockchain is beginning to find its groove, bolstered by $5.1 billion in total value locked (TVL), $1.2 billion of which is in the Plasma Savings Vault protocol.Attention on the XPL token is also rising as daily trading volume jumped by more than 90% on Tuesday to $5 billion.Derivatives PositioningBNB is leading growth in futures open interest in most major tokens, including bitcoin, a sign of continued capital inflows into the market.One concerning sign: OI in non-serious token FARTCOIN has risen by over 12% in the past 24 hours. That typically represents froth, often observed at interim market tops.Volatility in XRP may increase, as open interest in USD- and USDT-denominated perpetuals listed on major exchanges has surged to 938 million XRP, the highest level since late July.Despite BTC hovering close to record highs, the market doesn't look overheated. Annualized funding rates most tokens, including memecoins, remain at around 10%.On the CME, BTC open interest has seen a modest bounce to three-week highs, but remains well below 211K BTC in December last year. Meanwhile, ether OI has hit a record high of 2.2 million ETH.On Deribit, traders are chasing BTC bull call spreads, with some taking profits in long call positions and moving to higher strike bets. Overall, calls still appear cheap relative to puts.
Market MovementsBTC is down 0.84% from 4 p.m. ET Monday at $124,220.89 (24hrs: +0.27%)ETH is down 0.17%at $4,683.25 (24hrs: +2.58%)CoinDesk 20 is down 1.09% at 4,360.28 (24hrs: +0.43%)Ether CESR Composite Staking Rate is up 3 bps at 2.85%BTC funding rate is at 0.0076% (8.3132% annualized) on BinanceDXY is up 0.34% at 98.44Gold futures are unchanged at $3,978.10Silver futures are down 0.57% at $48.17Nikkei 225 closed unchanged at 47,950.88Hang Seng closed down 0.67% at 26,957.77FTSE is unchanged at 9,479.43Euro Stoxx 50 is unchanged at 5,627.61DJIA closed on Monday down 0.14% at 46,694.97S&P 500 closed up 0.36% at 6,740.28Nasdaq Composite closed up 0.71% at 22,941.67S&P/TSX Composite closed up 0.2% at 30,531.88S&P 40 Latin America closed down 0.86% at 2,877.42U.S. 10-Year Treasury rate is up 0.6 bps at 4.168%E-mini S&P 500 futures are unchanged at 6,785.25E-mini Nasdaq-100 futures are unchanged at 25,186.00E-mini Dow Jones Industrial Average Index are down 0.17% at 46,878.00Bitcoin StatsBTC Dominance: 58.82% (-0.17%)Ether to bitcoin ratio: 0.03768 (0.29%)Hashrate (seven-day moving average): 1,022 EH/sHashprice (spot): $52.18Total Fees: 4.41 BTC / $550,867CME Futures Open Interest: 147,835 BTCBTC priced in gold: 31.2 ozBTC vs gold market cap: 8.80%Technical Analysis

ETH's daily chart. (TrdingView)

ETH jumped to $4,740, marking an upside break of a counter-trend consolidation identified by trendlines connecting Aug. 24 and Sept. 13 highs and lows on Sept. 1 and Sept. 25. The breakout points to resumption of the broader uptrend, and scope for record highs. On the downside, Monday's low of $4,489 is the level to beat for the bears. That would invalidate the bullish breakout. Crypto EquitiesCoinbase Global (COIN): closed on Monday at $386.07 (+1.59%), -1.44% at $380.51 in pre-marketCircle Internet (CRCL): closed at $148.51 (+1.87%), +1.96% at $151.42Galaxy Digital (GLXY): closed at $38.84 (+7.41%), +2.70% at $2.70%Bullish (BLSH): closed at $68.79 (+6.14%), -0.36% at $68.54MARA Holdings (MARA): closed at $20.57 (+9.3%), -1.12% at $20.34Riot Platforms (RIOT): closed at $21.56 (+10.91%), -0.42% at $21.47Core Scientific (CORZ): closed at $17.91 (+0.51%), +0.28% at $17.96CleanSpark (CLSK): closed at $17.43 (+9.35%), +0.75% at $17.56CoinShares Valkyrie Bitcoin Miners ETF (WGMI): closed at $52.29 (+8.51%), +1.36% at $53.00Exodus Movement (EXOD): closed at $31.7 (+5.46%), -3.03% at $30.74Crypto Treasury Companies

Strategy (MSTR): closed at $359.69 (+2.29%), -1.58% at $354.00Semler Scientific (SMLR): closed at $30.75 (+0.62%)SharpLink Gaming (SBET): closed at $19.24 (+5.83%), -0.73% at $19.10Upexi (UPXI): closed at $7.7 (+3.49%), -2.6% at $7.50Lite Strategy (LITS): closed at $2.6 (+1.56%), -0.77% at $2.58ETF FlowsSpot BTC ETFs

Daily net flow: $1,190 millionCumulative net flows: $61.20 billionTotal BTC holdings ~ 1.34 millionSpot ETH ETFs

Daily net flow: $176.6 millionCumulative net flows: $14.61 billionTotal ETH holdings ~ 6.75 millionSource: Farside Investors

While You Were SleepingFOMOing into Bitcoin? Check Out These Bullish BTC Plays Favored by Analysts (CoinDesk): Analysts highlight out-of-the-money and put-financed call spreads as cost-efficient ways to stay bullish on bitcoin’s rally while limiting downside exposure at record price levels.U.S. Bitcoin ETFs Log $1B Inflows Again, a Level That’s Marked Local Tops Six Times Before (CoinDesk): U.S. spot bitcoin ETFs saw $1.2 billion in inflows Monday, mostly into IBIT, now managing nearly $100 billion. Historically, such $1 billion surges have coincided with short-term bitcoin peaks.NYSE Owner Near Deal for $2 Billion Stake in Polymarket (The Wall Street Journal): Intercontinental Exchange's planned move would give Polymarket major institutional backing and help the crypto-based betting platform rebuild its U.S. foothold after past regulatory battles.Uniswap, Aave Lead DeFi’s Fee Rebound to $600M as Buybacks Take Center Stage (CoinDesk): Uniswap, Aave and Ethena are driving decentralized finance’s revenue recovery as protocols shift toward buybacks and fee-sharing models designed to strengthen tokenholder value and project sustainability.MetaMask Confirms $30M Rewards Program, Links to Future Token (CoinDesk): The program rewards active users with $30 million in LINEA tokens and various other perks to drive adoption of the Linea blockchain and MetaMask’s mUSD stablecoin.More For You

Bitcoin's ATH Brings Firepower for Bulls With One Caveat: Crypto Daybook Americas

Oct 6, 2025

Your day-ahead look for Oct. 6, 2025

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You are viewing Crypto Daybook Americas, your morning briefing on what happened in the crypto markets overnight and what's expected during the coming day. Crypto Daybook Americas will arrive in your inbox at 7 a.m. ET to kickstart your morning with comprehensive insights. If you're not already subscribed, click here. You won't want to start your day without it.

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2025-10-07 11:55 3mo ago
2025-10-07 07:16 3mo ago
Technical Analysis of $XRP Price: Imminent Breakout or New Consolidation Phase? cryptonews
XRP
XRP has been trapped in a descending triangle since July, with strong support around $2.70 and a narrowing downward dynamic resistance. On the fundamental side, the resolution of Ripple's conflict with the SEC and recent news about banking license applications have boosted institutional confidence and could ignite renewed demand.
2025-10-07 11:55 3mo ago
2025-10-07 07:19 3mo ago
Bitcoin Price Prediction 2025, What Next For BTC Price? cryptonews
BTC
Bitcoin Price rally continues to dominate global headlines, but analysts now believe the market could be due for a short pause before its next major move. Trading near $123,500, BTC has recently cooled off after touching a new all-time high of $126,198, yet investors remain highly optimistic about its long-term trajectory.

While sentiment remains bullish, both macroeconomic trends and technical indicators suggest that the current rally might take a brief breather before advancing toward the much-discussed $150,000 Bitcoin price target.

Dan Tapiero Sees Global Shift From Traditional Markets to BitcoinVeteran investor Dan Tapiero believes that global capital flows are increasingly favoring Bitcoin over traditional financial markets. Citing Japan’s economy as an example, Tapiero noted that decades of ultra-low interest rates have eroded savings and pushed investors toward inflation-hedging assets like Bitcoin and gold.

“Japan’s 30 years of low interest rates have destroyed purchasing power,” Tapiero explained. “Investors are realizing that Bitcoin and gold are superior stores of value compared to fiat currencies.”

Japan’s stagnant bond yields under 1% for decades have limited real returns, forcing savers to seek alternatives. Tapiero predicts that as more economies face similar monetary pressures, Bitcoin adoption will accelerate globally, potentially triggering another major wave of institutional demand.

“We’re witnessing a once-in-a-century shift in capital flows,” Tapiero added. “As traditional systems falter, Bitcoin is emerging as the world’s new reserve asset.”

Is a Bitcoin Price Correction Coming Before the $150,000 Target?Crypto analyst Michaël van de Poppe echoed Tapiero’s long-term optimism but warned that Bitcoin’s short-term momentum looks overheated after its parabolic rise.

“Bitcoin is unlikely to break its all-time high in one go,” Van de Poppe said. “We could see a healthy correction before the next push higher.”

He identifies an ideal Bitcoin accumulation zone between $119,500 and $120,000, with deeper supports around $116,800, $114,755, and $111,918. According to Van de Poppe, dips below $121,500 could present “great entry points” for long-term investors ahead of a potential rally toward $150,000.

Van de Poppe’s technical chart highlights that Bitcoin has broken out from a multi-week consolidation phase, an indicator of strong momentum, but warns that the Relative Strength Index (RSI) is hovering in the overbought territory.

“A pullback would be natural and healthy,” he added, “setting the stage for the next breakout.”

CryptoQuant Data Points to Short-Term Pause in Bitcoin RallyAccording to data from on-chain analytics platform CryptoQuant, Bitcoin purchase volumes have now surpassed $25 billion, a level that historically signals either major market reversals or short-term cool-offs.

“Such spikes in purchase volume often precede brief consolidations,” the CryptoQuant team noted. “It’s a reflection of heightened trading activity that typically stabilizes before the next bullish phase.”

This pattern suggests that the current rally could briefly pause before resuming its upward momentum toward new record highs.

Michael Saylor Predicts Bitcoin Could Hit $150,000 by Late 2025MicroStrategy CEO Michael Saylor, one of Bitcoin’s most influential advocates, remains confident that BTC will continue its climb.

“I believe Bitcoin could reach $150,000 by the end of 2025,” Saylor said in a recent interview. “Institutional accumulation and declining trust in fiat systems are driving a structural demand shift toward Bitcoin.”

Saylor’s company has continued adding BTC to its treasury, reinforcing his stance that Bitcoin is the “world’s best long-term asset.”

Uptober Momentum Remains Strong as Institutional Inflows SurgeBitcoin currently trades around $123,600, slightly below its all-time high of $126,198, but market sentiment remains overwhelmingly bullish. The ongoing “Uptober rally” has seen a 21% jump in trading volume, signaling renewed investor confidence despite short-term corrections.

Analysts view this consolidation phase as a setup for another major breakout. Institutional participation continues to expand. Spot Bitcoin ETF inflows surpassed $1.19 billion on the same day BTC hit its record high, signaling deepening market participation.

“Institutional appetite for Bitcoin is stronger than ever,” one market strategist commented. “Each dip is being bought aggressively, showing confidence in Bitcoin’s long-term trajectory.”

With strong fundamentals, rising institutional interest, and growing macroeconomic tailwinds, many analysts agree that Bitcoin’s next major target at $150,000 could be within reach, possibly sooner than expected.

Never Miss a Beat in the Crypto World!Stay ahead with breaking news, expert analysis, and real-time updates on the latest trends in Bitcoin, altcoins, DeFi, NFTs, and more.

FAQsWhat is the Bitcoin price prediction for 2025?

Analysts like Michael Saylor predict Bitcoin could reach $150,000 by late 2025, driven by strong institutional demand and its role as a hedge against traditional finance.

Why is Bitcoin considered a hedge against inflation?

Veteran investors note that decades of low interest rates have eroded fiat currency value, making Bitcoin a superior store of value for preserving purchasing power.

Are institutions still buying Bitcoin?

Yes, institutional demand remains strong, with spot Bitcoin ETFs seeing massive inflows and each market dip being aggressively bought by long-term investors.

Trust with CoinPedia:CoinPedia has been delivering accurate and timely cryptocurrency and blockchain updates since 2017. All content is created by our expert panel of analysts and journalists, following strict Editorial Guidelines based on E-E-A-T (Experience, Expertise, Authoritativeness, Trustworthiness). Every article is fact-checked against reputable sources to ensure accuracy, transparency, and reliability. Our review policy guarantees unbiased evaluations when recommending exchanges, platforms, or tools. We strive to provide timely updates about everything crypto & blockchain, right from startups to industry majors.

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2025-10-07 11:55 3mo ago
2025-10-07 07:26 3mo ago
Bitcoin Steady On $1 Billion ETF Inflows As XRP Dips Below $3 While Ethereum, Dogecoin Rise cryptonews
BTC DOGE ETH XRP
Most cryptocurrencies are trading sideways on Tuesday morning, as the crypto Fear & Greed Index enters the Greed zone at 62.

CryptocurrencyTickerPriceBitcoin(CRYPTO: BTC)$124,274.76Ethereum(CRYPTO: ETH)$4,691.69Solana(CRYPTO: SOL)$231.12XRP(CRYPTO: XRP)$2.97Dogecoin(CRYPTO: DOGE)$0.2608Shiba Inu(CRYPTO: SHIB)$0.00001268Notable Statistics:

Coinglass data shows 144,758 traders were liquidated in the past 24 hours for $357.17 million.     
SoSoValue data shows net inflows of $1.2 billion million into spot Bitcoin ETFs on Monday. Spot Ethereum ETFs saw net inflows of $181.7 million.
Trader Notes: Glasnode data shows Bitcoin support around $120,000–$121,000, but strong buying interest is expected near $117,000, where roughly 190,000 BTC were accumulated.

Crypto trader Mags highlighted that Bitcoin remains in a strong uptrend, with only one red daily candle in the past 11 days.

Key support sits at $123,325, holding above it could see another green daily close and continuation toward the next resistance at $135,000.

A break below may trigger a short correction to $119,885, but dips remain viewed as buying opportunities.

Jelle confirmed ETH has broken out of its daily bullish flag pattern, with the next target set at $6,650.

Cryptoinsightuk noted that XRP appears to be forming a small bull flag, with a potential upside breakout targeting around $3.40, coinciding with key hourly liquidity.

Crypto trader XO flagged the $210–$214 zone as a critical level to watch for Solana in case of a downside rotation.

Mikybull Crypto highlighted DOGE as poised to reach $1, following a bullish setup where historical retests of the moving average have preceded significant upward moves.

Read Next:

Grayscale Launches Wall Street’s First Ethereum, Solana Staking ETFs
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2025-10-07 11:55 3mo ago
2025-10-07 07:27 3mo ago
DOGE Upgrade Brings Cardinals Index Node: Could It Push for 3,700% in Gains? cryptonews
DOGE
Key NotesDogecoin launched the Cardinals Index Node, boosting decentralization and speed.The upgrade adds near smart contract-like functionality to Dogecoin’s main chain.Analyst Dima Potts predicts a 37x (3,700%) rally to $11.71 by late 2025.
The Dogecoin ecosystem took a major leap with the debut of the Cardinals Index Node, a powerful addition that allows anyone to run a full node and validate on-chain transactions.

The new feature enhances the network’s distributed ledger by enabling faster, easier data indexing, with speeds reportedly reaching 500 milliseconds, resulting in a more decentralized, efficient network capable of supporting advanced on-chain activity.

Beyond its speed, the Cardinals Index Node could bring smart contract-like functionality to Dogecoin, similar to what Bitcoin developers have long sought without relying on Ethereum’s EVM or Layer 2 frameworks.

This could open new possibilities for dApps, decentralized finance, and AI-integrated systems directly on Dogecoin’s base layer.

Analysts See Potential 37x Upside
According to crypto analyst Dima Potts, Dogecoin has historically experienced massive rallies each time it has broken above major resistance lines, recording surges of 83x and 183x in previous cycles.

$DOGE $10+ DOGECOIN?! 🚀🚀

This weekly Dogecoin chart highlights its historical performance after breaking above the yellow resistance line during the final year of each prior cycle.

• In the first cycle, Dogecoin surged approximately 83x following its breakout above this… pic.twitter.com/QhO6QOGA9J

— ÐOGECAPITAL (@DimaPotts36) October 6, 2025

Based on this pattern, Potts predicts a more conservative 37x rally in the current cycle, potentially pushing DOGE to $11.71 by late 2025.

Institutional Adoption
Also, 21Shares has listed its DOGE ETF (TDOG) on the DTCC platform, an early step toward mainstream acceptance.

🇺🇸 21Shares Dogecoin ETF (TDOG) has been listed on the DTCC website.#DogeETf pic.twitter.com/2pV5IC8X6d

— BITCOIN EXPERT INDIA (@Btcexpertindia) September 23, 2025

On top of that, Elon Musk’s lawyer, Alex Spiro, is reportedly leading a $200 million Dogecoin Treasury initiative under the “House of Doge,” which could also serve the role of a node with the Cardinal Index Node launch.

Notably, the Cardinals Index Node launch has sparked speculation that Tesla could soon run a node. The carmaker’s strong history with Dogecoin payments and Musk’s repeated endorsements position Tesla as a participant in Dogecoin’s decentralized infrastructure.

DOGE Price Analysis: Rising Wedge Near Critical Breakout Point
The weekly chart of DOGE/USD shows a rising wedge pattern, a formation that often signals potential bearish reversals after prolonged uptrends or consolidations.

The price is currently oscillating within two converging trendlines, with higher highs and higher lows forming the wedge’s structure.

DOGE weekly price action inside ascending wedge | Source: TradingView

Bollinger Bands indicate moderate volatility, with the price hovering close to the upper band at $0.2922, while the middle band (20-week MA) offers support near $0.2195.

A breakout above the wedge could invalidate the bearish outlook and open the path toward a new rally, while a breakdown below the lower trendline might trigger a retest of the lower Bollinger Band at $0.1468.

Maxi Doge Presale Surpasses $2.8M
While DOGE might be on the verge of another generational run, Maxi Doge (MAXI) is quickly capturing attention. Inspired by fitness culture and the energy of bull-market trading, this gym-themed crypto has already raised $2.8 million during its ongoing presale.

The project supports its growth through the Maxi Fund, a dedicated pool aimed at boosting liquidity and forging strategic partnerships. Early participants enjoy a 121% annual staking reward, offering strong incentives for long-term engagement.

Presale Snapshot and Community Engagement
MAXI holders actively participate in advanced trading discussions, weekly contests, and themed challenges, keeping the community engaged and energized. The presale offers early investors a discounted rate for MAXI, with funding focused on establishing the coin as a meme-driven project designed for price growth.

A large portion of the funds is allocated to marketing, while 25% goes to the Maxi Fund to enhance project visibility. This sets the stage for potential strong price movement when MAXI hits exchanges.

Presale Details

Ticker: MAXI
Current Price: $0.000261
Funds Raised: $2.8 million

Maxi Doge is positioning itself as a standout meme coin in the current market frenzy and offers early buying opportunities for investors looking for top crypto presales in 2025.

Disclaimer: Coinspeaker is committed to providing unbiased and transparent reporting. This article aims to deliver accurate and timely information but should not be taken as financial or investment advice. Since market conditions can change rapidly, we encourage you to verify information on your own and consult with a professional before making any decisions based on this content.

Cryptocurrency News, News

Yana Khlebnikova joined <a href="https://www.coinspeaker.com/">CoinSpeaker</a> as an editor in January 2025, after previous stints at <a href="https://www.techopedia.com/">Techopedia</a>, <a href="https://crypto.news/">crypto.news</a>, <a href="https://cointelegraph.com/">Cointelegraph</a>, and <a href="https://coinmarketcap.com/">CoinMarketCap</a>, where she honed her expertise in cryptocurrency journalism.

Yana Khlebnikova on LinkedIn
2025-10-07 11:55 3mo ago
2025-10-07 07:30 3mo ago
Shiba Inu Rebuilds Momentum: Can New Addresses Help SHIB Erase September's Losses? cryptonews
SHIB
Shiba Inu trades at $0.00001285, rebounding after an 18% September drop as rising new addresses signal renewed network activity.The surge in new wallets and muted selling pressure from long-term holders support SHIB’s steady recovery toward key resistance levels.A breakout above $0.00001336 and $0.00001391 could push SHIB to $0.00001428, while a drop below $0.00001209 risks decline to $0.00001161.Shiba Inu has begun showing signs of recovery after a sharp decline in September that erased nearly 18% of investor gains. 

The meme coin is now attempting to rebuild its momentum amid growing market optimism. With selling pressure easing and new demand emerging, SHIB appears poised to reclaim lost ground in the coming days.

Shiba Inu Investors Are BullishOne of the strongest indicators supporting Shiba Inu’s rebound is the rise in new addresses interacting with the network. Over the past several days, the number of new addresses has climbed sharply, marking the highest level in nearly two and a half months.

Sponsored

Sponsored

This metric tracks first-time transactions to measure whether a project is gaining traction. SHIB’s spike suggests rising interest among retail and institutional participants. A surge in new wallet creation typically signals fresh capital inflows and a growing user base.

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

Shiba Inu New Addresses. Source: GlassnodeFrom a broader perspective, Shiba Inu’s macro momentum remains steady. Data from the HODL Caves indicator shows that investor selling is likely to remain muted in the near term. The median return for addresses holding SHIB for about a year is currently 0.85x, suggesting holders are not yet in significant profit territory.

As a result, these mid- to long-term investors are expected to continue holding rather than selling prematurely. This reduced selling pressure can stabilize price fluctuations, giving SHIB a stronger foundation for gradual recovery. 

Shiba Inu HODL Caves. Source: GlassnodeSHIB Price Continues To PushAt press time, Shiba Inu is trading at $0.00001285, aiming to establish this level as solid support. The meme coin is now 11% away from fully recovering the 18% losses recorded in September. Sustaining current momentum could help SHIB solidify its recovery structure.

To complete this recovery, SHIB must climb back to $0.00001428. Achieving this target requires breaking through the $0.00001336 and $0.00001391 resistance levels, both of which have proven challenging. However, with new addresses rising and selling activity low, these targets appear attainable.

Shiba Inu Price Analysis. Source: TradingViewIf market sentiment turns bearish, Shiba Inu could face downside risk. A fall below $0.00001209 support might trigger additional losses, potentially driving SHIB down to $0.00001161 and invalidating the ongoing bullish outlook.

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.
2025-10-07 11:55 3mo ago
2025-10-07 07:30 3mo ago
Bitcoin Will Not Crash: Jeff Park Rejects Paul Tudor Jones' 1999 Comparison cryptonews
BTC
Jeff Park, chief investment officer at ProCap BTC and an advisor to Bitwise, pushed back against Paul Tudor Jones’ latest warning that markets “feel exactly like 1999,” arguing that the macro regime of 2025 is structurally different from the dot-com era and, crucially, more supportive of Bitcoin. Park’s commentary followed Jones’ interview on CNBC, where the billionaire trader said the setup resembles the late-cycle blow-off that preceded the tech crash, even as he continued to praise Bitcoin as an asset with high appeal.

Bitcoin Will Thrive, Not Crash
In a X post, Park called comparisons to 1999 “lazy,” contending that the drivers of asset prices today are dominated by fiscal and monetary dynamics that bear little resemblance to the surplus-era, pre-QE backdrop of the late 1990s. “In 1999, markets were driven by private sector exuberance at a time with minimal fiscal drag—the US govt was actually running a budget surplus,” he wrote. “Today the markets are entirely influenced by massive fiscal spending and debt monetization as the US is obviously drowning in debt.” Park concluded flatly: “So no. To me it doesn’t ‘feel exactly like 1999’ at all. It feels like the opportunity of a lifetime for those who are prepared.”

Park contrasted the Federal Reserve’s present posture with that of the Greenspan Fed at the height of the dot-com boom. “In 1999, Fed was raising rates, balance sheet was small, and there was no QE. In 2025, rates are declining, the balance sheet is massive, and we have more acronyms than we can count,” he said, arguing that abundant liquidity—now more globally synchronized—has become the defining feature of this cycle. He added that with the US Treasury General Account refilled, the world is “about to embark on a global liquidity binge.”

He further emphasized the presence of powerful cross-border feedback loops that did not exist 25 years ago, pointing to policy transmission and supply-chain realignments that tether US risk assets to the global economy. Park cited Japan as an example of how overseas policy can amplify liquidity conditions, referencing pro-stimulus signals from incoming leadership. On Monday, Japanese equities surged after Sanae Takaichi won leadership of the ruling LDP on expectations of ongoing fiscal support—an event markets read as another nudge toward accommodation.

Park also drew a sharp distinction between the late-1990s dollar cycle and today’s macro hedging behavior, arguing that, unlike in 2000–2002, gold is now “literally on a tear with every sovereign actor playing the board.” On the day of his remarks, spot gold printed fresh all-time highs above $3,900 per ounce, a move widely attributed to safe-haven demand and expectations of further US rate cuts—context that underscores Park’s point about the current reflex to hard assets.

Where Jones sees echoes of exuberance that could end badly, Park sees a regime that channels liquidity into scarce, non-sovereign assets—bitcoin foremost among them. He argued that “in 1999 there was no bitcoin, social media, nor smartphones. In 2025, everyone around the world has an escape valve in their pocket,” a line that cuts to Bitcoin’s structural difference from dot-com equities: bearer settlement, programmatic issuance, and a growing base of global distribution that can be mobilized in real time.

Paul Tudor Jones On Bitcoin
Jones’ own stance on Bitcoin remains constructive even as he warns of a frothy tape. In his CNBC appearance, he said the environment “feels exactly like 1999,” invoking the Nasdaq’s parabolic move into March 2000, but he also reiterated the asset’s appeal—continuing a years-long thread in which he has described bitcoin as a powerful inflation hedge and “one of the fastest horses.” The split-screen—macro caution on equities, optimism on bitcoin—helped catalyze Park’s rebuttal that this cycle is “built for Bitcoin, not bubbles.”

Notably, Park’s argument neither denies the possibility of sharp drawdowns nor guarantees a unidirectional path. Rather, it hinges on the composition of liquidity, the nature of fiscal dominance, and the behavior of hard-asset hedges in an era of heavy sovereign balance sheets. Gold’s concurrent breakout, Japan’s policy bias toward stimulus, and investors’ hunt for non-dilutive stores of value all feed his core contention that 2025’s setup “is nothing like 1999”—and that Bitcoin, more than the dot-com darlings of yesteryear, is positioned to be the principal beneficiary.

At press time, Bitcoin traded at $124,024.

BTC hovers above $124,000, 1-day chart | Source: BTCUSDT on TradingView.com
Featured image created with DALL.E, chart from TradingView.com
2025-10-07 11:55 3mo ago
2025-10-07 07:30 3mo ago
The NSA Is Trying To Backdoor Bitcoin, Warns Peter Todd — Here's How cryptonews
BTC
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

Prominent Bitcoin developer Peter Todd alleged on Monday, October 6, that the US National Security Agency (NSA) is “looking to backdoor crypto again” via the rollout of so-called quantum-secure algorithms—this time by pushing deployments that exclude tried-and-tested classical cryptography.

“Tl;dr: the NSA is clearly looking to backdoor crypto again with the rollout of “quantum secure” algorithms. The obvious way to implement them is AND: traditional AND quantum secure. So you need to break both. The NSA is trying to remove that seatbelt: quantum-only,” Todd wrote.

Is The NSA Plotting A Quantum Backdoor Into Bitcoin?
Todd’s comments came as cryptographer Daniel J. Bernstein (DJB) published a pair of blog posts—on October 4 and 5—criticizing current Internet Engineering Task Force (IETF) processes and warning that “weakened cryptography” could be standardized through procedural changes that suppress dissent.

In “MODPOD: The collapse of IETF’s protections for dissent,” Bernstein argues that a new moderation framework enables content-based censorship of objections, including objections to eliminating “hybrid” deployments that combine classical and post-quantum schemes. He adds there is “useful action” stakeholders can take by Tuesday, October 7 to oppose these changes.

At the heart of the dispute is whether migrations to post-quantum cryptography (PQC) should favor hybrid combinations—e.g., classical ECDH and PQ key encapsulation—rather than quantum-only switches. Hybrids hedge the unknowns of newly standardized PQC by requiring an attacker to break both components to compromise a session or signature. The IETF formalized the term “hybrid” in June 2025 (RFC 9794), and NIST’s own guidance and FAQs likewise describe and allow hybrid key-establishment modes during transition. That context underpins Todd’s claim that pushing “quantum-only” is a dangerous deviation from best practice.

Bernstein’s companion post on October 4 details real-world hybrid deployments—Google’s CECPQ1/2 experiments (ECC+NewHope, ECC+NTRU, ECC+SIKE), multi-vendor SSH support for ECC+sntrup761, and today’s browser usage dominated by ECC+ML-KEM (Kyber)—as evidence that hybridization is already mainstream and operationally feasible at Internet scale. The post argues that eliminating hybrids would lower safety margins precisely when new PQC is still maturing.

NIST, for its part, has led the global PQC program since 2016 and in August 2024 finalized standards for ML-KEM (Kyber) and two signature schemes (ML-DSA/Dilithium and SLH-DSA/SPHINCS+), with additional algorithms such as HQC selected in 2025. Throughout its materials, NIST acknowledges hybrid modes as legitimate transition mechanisms and has hosted dedicated workshops on KEM guidance—positions that cut against a blanket “quantum-only” mandate.

Why this matters for Bitcoin and broader crypto is twofold. First, Bitcoin’s ecosystem relies heavily on standardized primitives and network protocols—hashes, signatures, handshakes—whose evolution is shaped by NIST and IETF outputs even when implementation occurs in open-source codebases. Second, Todd grounds his warning in history: the NSA’s alleged role in the Dual_EC_DRBG fiasco two decades ago, where a NIST-endorsed random number generator was later withdrawn amid credible backdoor concerns, including reports that RSA made it the default in its toolkit following a secret payment. “Endorsement of backdoored crypto has happened before at the behest of the NSA,” Todd wrote, adding “It’s not a theoretical risk. They’re clearly gearing up to do it again.”

There is, however, no public proof that the NSA is currently inserting a specific backdoor into NIST’s PQC standards or IETF drafts. NIST continues to publish open guidance, workshops, and public comment processes around PQC, including explicit documentation of hybrid approaches. Developer Fudmottin (@Fudmottin) objected to Todd: “If NIST endorsed cryptographic algorithms such as SHA-256 turn out to have back doors or a weakness, then NIST is done. No one will even ask them about the time of day (yes, NIST keeps that standard for the USA).”

The immediate call to action comes from Bernstein’s posts urging stakeholders to engage IETF mechanisms by Tuesday, October 7 (any time zone) to object to MODPOD-style moderation and to defend hybrid cryptography as the default transition path. Todd’s amplification into the Bitcoin community underscores a longstanding mistrust of intelligence-led cryptographic policy—shaped by Dual_EC and other episodes—and a desire to keep consensus-critical systems insulated from standards that may weaken defense-in-depth.

At press time, Bitcoin traded at $134,545.

BTC remains above $124,000, 1-day chart | Source: BTCUSDT on TradingView.com
Featured image created with DALL.E, chart from TradingView.com

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.
2025-10-07 11:55 3mo ago
2025-10-07 07:32 3mo ago
Tether Plans to Propose Candidates for Soccer Club Juventus Board Seat: Reuters cryptonews
USDT
The stablecoin giant will submit its list at the club's annual shareholder meeting in November Oct 7, 2025, 11:32 a.m.

Tether, issuer of the world's largest stablecoin, plans to propose its own candidates for a board seat at Juventus FC, the Italian soccer club in which it owns a stake of 10.7%, Reuters reported on Monday.

The stablecoin giant will submit its list at the club's annual shareholder meeting in November, according to the report, citing an email from Tether.

STORY CONTINUES BELOW

Tether also said it plans to propose some "governance changes" at the Nov. 7 meeting, though did not elaborate what these are, the report said. Juventus investors will vote upon the company's board renewal at the shareholder meeting.

Tether acquired 8.2% of Juventus in February, and subsequently increased its stake to over 10% in April.

In the months that followed, Tether sought a more active role in I Bianconeri's (The White and Blacks) operations, asking to participate in club's capital increase and be granted a board seat.

Juventus, which is regarded as one of the most famous soccer clubs in the world, dominated Italy's top division Serie A throughout the 2010s. It is also the favorite team of Tether CEO Paolo Ardoino.

Tether did not respond to CoinDesk's request for further comment.

Read More: Crypto Lender Maple Expands to Tether-Backed Plasma

More For You

New York Stock Exchange Owner Nears $2B Stake in Polymarket: WSJ

52 minutes ago

The investment could help Polymarket return to the U.S. market, after it was shut off to U.S. users in 2022 following a settlement with the CFTC.

What to know:

The owner of the New York Stock Exchange is close to investing $2 billion in crypto-powered prediction market Polymarket, valuing the platform at up to $10 billion.The investment could help Polymarket return to the U.S. market.Polymarket has been strengthening its ties and credentials, including acquiring a licensed exchange and clearinghouse, and adding high-profile investors and advisors.Read full story
2025-10-07 11:55 3mo ago
2025-10-07 07:33 3mo ago
Binance Coin (BNB) Surges Wildly as Sui (SUI) Gears Up: Price Analysis cryptonews
BNB SUI
Published
11 minutes ago on
October 07, 2025

On a current 40% wild surge, Binance Coin (BNB) is on a moon shot that is showing little sign of stopping. At the same time, Sui (SUI) is edging towards its own big breakout. Altcoins are breaking out, and these are just two of the front runners.

$BNB perpendicular surge

Source: TradingView

This particular move from $BNB is a sight to behold. Since getting above the long-time ascending trendline and confirming above, the price has been on a real tear. This surge is almost perpendicular, and so who knows how high it will go.

That said, the shorter-term momentum indicators are approaching their tops, and even the weekly is in oversold territory. Nevertheless, $BNB has the wind well and truly in its sails and it would be a brave soul who would even think to short this rocket ship.

$BNB targets

Source: TradingView

The weekly chart view gives possible price targets based on Fibonacci extension levels. These give the next target as $1,516, at the 2.618 Fibonacci, while the 3.618 Fibonacci level is at just over $2,000. 

If there is any kind of retracement from here, playing with trend lines reveals a possible pullback to $1,200. 

$SUI price in ascending channel

Source: TradingView

Zooming into the 4-hour chart for $SUI it can be noted that the price is currently within an ascending channel. While in itself this is not a bullish pattern, it could be capable of shepherding the price up to the major descending trendline.

One can see that the price recently bounced from the bottom of the channel, and that this corresponded with the shallowest of the Fibonacci levels at the 0.236.

$SUI all-time high breakout target

Source: TradingView

The daily chart for $SUI reveals that the price is at a very strong support level that has acted as support and resistance many times previously. If the bulls can push the price up to the trendline, it may get pushed back to the support level, but a breakout does look likely. This will very much depend on how Bitcoin reacts to its own possible breakout/rejection. 

The measured move out of the triangle pattern would take the $SUI price up to a new all-time high of $3,600, depending on where the potential breakout takes place.

Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
2025-10-07 11:55 3mo ago
2025-10-07 07:35 3mo ago
BlackRock's Bitcoin ETF Is Already Its Most Profitable, Surpassing Older ETFs cryptonews
BTC
In brief
BlackRock's IBIT generates $244.5 million annually, more than any other BlackRock ETF including products launched 25 years ago.
The Bitcoin ETF sits at $98.47 billion in assets, approaching the $100 billion milestone in just 435 days versus 2,011 days for Vanguard's VOO.
IBIT captured $1.8 billion of last week's $3.2 billion in total U.S. Bitcoin ETF inflows as Bitcoin hit a new all-time high.
BlackRock's iShares Bitcoin Trust ETF (IBIT) has become the asset management giant's most profitable exchange-traded fund, just 21 months after launch, surpassing products that have been generating revenue for more than two decades.

IBIT is sitting "a hair away from $100 billion" in assets under management, and now generates approximately $244.5 million in annual revenue for BlackRock, Bloomberg analyst Eric Balchunas tweeted Monday.

$IBIT a hair away from $100 billion, is now the most profitable ETF for BlackRock by a good amount now based on current aum. Check out the ages of the rest of the Top 10. Absurd. pic.twitter.com/E8ZMI2wynx

— Eric Balchunas (@EricBalchunas) October 6, 2025

"Check out the ages of the rest of the Top 10. Absurd," Balchunas wrote, pointing to how the Bitcoin ETF has leapfrogged established funds, including the 25-year-old iShares Russell 1000 Growth ETF and the iShares MSCI EAFE ETF.

"IBIT being the most profitable product for the largest issuer of ETFs in the world, clearly shows the size of the demand from institutions and retail, and this milestone should eliminate any doubt on risk appetite for Bitcoin,” Pratik Kala, head of research at Apollo Crypto, told Decrypt.

As of Monday, IBIT held $98.47 billion in assets across 1.38 billion shares with a 0.25% fee, on track to hit $100 billion in just 435 days, far faster than Vanguard’s S&P 500 ETF, which took 2,011 days.

Jagdish Pandya, founder of Blockon Ventures, told Decrypt that comparing Bitcoin ETFs with traditional ETFs is "an injustice to old asset classes."

He attributed the disparity to Bitcoin's structural advantages, noting that traditional assets have "higher supply, no scarcity, low returns, no financial disruption" and therefore "have no chance to outperform Bitcoin ETFs."

Pandya argued that that were Bitcoin's price to eventually top $1 million, "all ETF comparisons will stop," adding that Bitcoin ETFs would "emerge as a clear leader, more profitable than decades-old funds."

Bitcoin is currently trading at around $124,500, trading flat on the day after hitting a new all-time high above $126,000 earlier in the week, per CoinGecko data.

Last week, IBIT recorded $1.8 billion of the $3.2 billion in total inflows into U.S. spot Bitcoin ETFs in its second-largest week on record, according to Farside Investors data.

The performance came as investment products tied to crypto saw huge inflows of $5.95 billion globally last week, according to a CoinShares report.

Addressing concerns about potential market downturns, Ruchir Gupta, co-founder of Gyld Finance, told Decrypt that while Bitcoin's correlation with risk markets could drive outflows during equity downturns, "the ETFs have opened up Bitcoin to a much larger investor base, a part of which is longer-term sticky holders."

The net effect is "IBIT's success and AUM reduces volatility in a correction,” he said.

Gupta expects international ETFs to "act like larger distribution arms and extend the reach of BTC as an asset, and net add to Bitcoin rather than necessarily drain liquidity from IBIT."

The development comes as BlackRock seeks approval to tokenize ETFs and other real-world assets after launching BUIDL in 2024, a fund offering tokenized U.S. Treasury exposure.

Daily Debrief NewsletterStart every day with the top news stories right now, plus original features, a podcast, videos and more.
2025-10-07 11:55 3mo ago
2025-10-07 07:36 3mo ago
Cardano Price Prediction: ADA Eyes a Breakout as Bitcoin Hits $126K cryptonews
ADA BTC
Cardano Price Analysis: Support Holds at $0.85The crypto market kicked off October on a strong note, led by $Bitcoin’s surge to a new all-time high above $126,000. Altcoins followed suit, with Cardano ($ADA) bouncing off the $0.85 support area after a brief pullback. This support level aligns closely with the 50-day Simple Moving Average (SMA) at $0.853, suggesting solid buying interest.

ADA/USD 1-day chart - TradingView

The chart indicates that ADA is holding above both the 50-day and 200-day SMAs — a technically bullish sign. The 200-day SMA sits near $0.74, forming a medium-term safety net that has repeatedly prevented deeper corrections since July.

ADA Targets: How High can ADA Price Reach?If bullish momentum continues across the market, $Cardano could aim for the $0.88–$0.90 zone in the short term. A successful breakout above this area would expose the next resistance at $0.95, and beyond that, a push toward the psychological $1.00 mark.

Momentum indicators suggest ADA has room to rise, but trading volume remains modest — meaning bulls need strong follow-through from Bitcoin or market-wide inflows to confirm the move.

Cardano Price Prediction: Key Support and Resistance Areas for ADA CoinOn the downside, immediate support lies around $0.85, where ADA previously consolidated. If this level fails, the next cushion is found near $0.80, followed by the stronger 200-day SMA around $0.74. A deeper correction below $0.71 could open the door toward $0.62, last tested in June.

Until ADA firmly closes below the 200-day SMA, the broader uptrend remains intact, with dips likely being bought by long-term investors.

ADA Prediction: Can ADA Catch Up with Bitcoin?With Bitcoin’s record highs driving renewed optimism, Cardano’s performance now depends on whether capital rotates from BTC into large-cap altcoins. Historically, such rotations have fueled mid-cycle rallies where coins like ADA outperform for short periods.

If bullish sentiment persists through October — often dubbed “Uptober” by traders — ADA could retest the $0.95–$1.00 range before the month ends.
2025-10-07 11:55 3mo ago
2025-10-07 07:41 3mo ago
Binance Coin (BNB) Flips Ripple (XRP) Following Record-Breaking Price Surge cryptonews
BNB XRP
The only two cryptocurrencies bigger than BNB are BTC and ETH.

The native token of Binance appears unstoppable lately, with its price surging by 50% on a monthly basis. Just recently, it reached a new all-time high of almost $1,300, while its market cap surged to $180 billion.

BNB Price, Source: CoinGecko
This means that BNB is now the third-largest cryptocurrency, surpassing Ripple’s XRP, which has a capitalization of approximately $178 billion. Furthermore, the asset has exceeded the total market value of world-renowned companies such as Boeing, Deutsche Telekom, and Sony.

One of the famous individuals who controls or is associated with the largest BNB holdings is Binance’s founder, Changpeng Zhao (known as CZ). The price pump of the coin has increased his fortune, and according to Forbes, he is now the 21st-richest person on the planet with a net worth of almost $90 billion. It is important to note that Zhao claimed the figure might not be completely accurate, saying:

“I don’t believe this is accurate (way too high). I also don’t think it matters. What matters is how many people we can help, and by how much. Make the world a little bit better than it was before I arrived.”

Crypto X is full of individuals who celebrated BNB’s historic peak, and some believe there is much more room for growth. The one using the moniker BitBull, for instance, envisioned an ascent to $2,000 during this cycle.

Others, like LAXMAN, took a more cautious side. The analyst advised investors to take some profits and hinted that a potential rise to $5,000 is highly unlikely.

$BNB is trending now.

I shared at $678 with detailed analysis and a weekly VCP breakout.

Up 86% since then.

Book your profits, by the way.

Those giving $5,000 targets are just novices.

What you pocket is yours. https://t.co/rTlyPjHajX pic.twitter.com/HVuGhbroDK

— LA𝕏MAN (@Theblockvlog) October 7, 2025

Dimitar got interested in cryptocurrencies back in 2018 amid the prolonged bear market. His biggest passion in the field is Bitcoin and he was fascinated with its journey. With a flair for producing high-quality content, he started covering the cryptocurrency space in late 2018. His hobby is football.
2025-10-07 11:55 3mo ago
2025-10-07 07:47 3mo ago
BNB smashes new price Records Above $1,290 and Drives Massive Short Liquidations cryptonews
BNB
TL;DR

BNB surged to a new all-time high of $1,296, marking a 6.03% increase in the last 24 hours.
The rally led to $8.26 million in short positions being liquidated, indicating strong upward momentum.
The broader Binance ecosystem, including tokens like GIGGLE, also experienced significant gains, reflecting growing investor confidence.

Binance Coin (BNB) has achieved a new all-time high, surpassing $1,290 and reaching $1,296.74, a 6.03% increase over the past 24 hours. This surge positions BNB among the top-performing assets in the cryptocurrency market, reflecting robust investor interest and market confidence. The token currently maintains a market cap of $179 billion, with daily trading volumes exceeding $5 billion, showing strong liquidity in the market.

Surge in Short Liquidations
The rapid ascent of BNB’s price has led to significant short liquidations. Approximately $8.26 million in short positions were liquidated, indicating that many traders who bet against the asset were forced to close their positions as prices rose. This phenomenon, known as a short squeeze, often accelerates price increases as it forces additional buying pressure into the market. Analysts note that open interest on BNB has reached $1.8 billion, with around 63% of positions currently long, providing a fertile ground for further upward momentum.

Expansion of the Binance Ecosystem
The growth of BNB is also mirrored in the expansion of the Binance ecosystem. The BNB Chain has expanded its use cases, from staking rewards to access for new airdrops, making the token increasingly central to the ecosystem. Additionally, other tokens like GIGGLE, which briefly spiked above $117, have seen substantial gains following the BNB rally. Social media activity, particularly tweets from Binance founder Changpeng Zhao, continues to influence ecosystem token performance, further boosting investor enthusiasm.

Market Outlook
The recent price movement and ecosystem growth suggest a positive outlook for BNB. Analysts observe that the momentum may continue, with BNB potentially exploring new highs above $1,300. Despite occasional dips to around $1,185, accumulated liquidity and strong whale activity indicate resilience. The token’s consistent performance, combined with regular token burns and strategic buybacks, supports a favorable environment for investors seeking long-term gains. The rally also highlights the role of BNB in driving activity across Binance DEXs and the broader altcoin market.

BNB’s record-breaking surge and ecosystem expansion underline its growing importance in the cryptocurrency space. Short liquidations and strong market interest indicate that BNB is positioned to remain a key player in driving momentum within the digital asset market.
2025-10-07 11:55 3mo ago
2025-10-07 07:52 3mo ago
XRP price fails to hold $3 despite market rally, is more downturn ahead? cryptonews
XRP
XRP price struggles to hold key levels despite broader market strength, raising concerns about a potential pullback.

Summary

XRP price struggles below $3 despite the crypto market uptick.
Institutional demand and pending XRP ETF reviews have fueled optimism, yet momentum remains too weak to sustain an extended rally.
Santiment data shows rising FUD, with more bearish comments than bullish surrounding the token.

Trading around $2.97 at the time of writing, XRP price is down 0.62% in the last 24 hours, according to crypto.news data. Though the token remains up a modest 4% over the past week, its recent price action has been muted.

XRP (XRP) had previously surged alongside major assets like Bitcoin (BTC) and Ethereum (ETH), briefly pushing back above $3 before being rejected at resistance. Sell pressure quickly returned, causing the Ripple token price to dip back even as sentiment for crypto remains bullish overall. 

Though growing institutional activity led by VivoPower’s planned $19 million XRP treasury and seven pending ETF filings had sparked short-term optimism, they weren’t enough to translate into sustained upward pressure. 

Can XRP price find support and push higher?
Currently, social sentiment around XRP has turned bearish. According to an October 7 Santiment data, the token is experiencing its highest level of FUD since major market events six months ago. The analysis noted that there have been more bearish than bullish comments from retail traders for the past two to three days, aligning with the decline in price. 

This pattern historically signals a possible turnaround, as markets tend to move in the opposite direction of excessive small trader pessimism. Against this backdrop, XRP price outlook depends largely on how it behaves around key technical levels in the near term. 

Momentum indicators are mixed. The MACD (Moving Average Convergence Divergence) is slightly positive, with the MACD line just above the signal line. This suggests modest bullish momentum building, but the signal remains weak.

XRP price chart | Source: crypto.news
The most important support line is the 200-day moving average, currently near $2.58, which has historically acted as a strong base for XRP during market fluctuations. If XRP continues to hold above this support and buyer interest remains steady, renewed upward momentum may return.  

To confirm a bullish breakout, the price needs to decisively close above the $3.15 resistance level, which was a previous zone of consolidation and rejection. Surpassing this barrier on solid volume would likely ignite buying interest that could push XRP towards $3.66 and potentially higher targets, depending on overall crypto market conditions.

On the flip side, if XRP fails to maintain support around the 200-day moving average and the $2.70–$2.90 range, there may be a period of consolidation or even additional downside risk. A breakdown below key supports could trigger further losses, dragging the price lower toward $2.50 or below.
2025-10-07 11:55 3mo ago
2025-10-07 07:54 3mo ago
Zcash price crashes 18% after vertical rally – is more downside ahead? cryptonews
ZEC
After a sharp rally to $176, Zcash price is now pulling back, with initial support likely around $120 and a deeper correction potentially extending to $90.

Summary

Zcash price surged to $176 following the Grayscale Zcash Trust launch and ThorSwap integration, before pulling back to $144.
Key retracement levels to watch are $120, with a deeper correction potentially reaching $90.
According to Ki Young Ju, the CEO of CryptoQuant, Zcash investors are betting on a migration of illicit and gray-area funds from BTC and stablecoins to privacy coins as AML regulations around the world tighten.

After the recent parabolic rally that topped out near $176, fueled by Grayscale Zcash Trust launch and hype around ThorSwap support integration, Zcash (ZEC) price has begun to unwind aggressively. The token, currently trading around $144, has dropped roughly 18% from its peak, as profit-taking accelerates following an overheated surge.

Zcash price has now pulled back to the SMA 7, which acted as dynamic support during the explosive rally. However, with the RSI still overheated at 75, the market remains overbought, suggesting that further cooling is likely before any sustainable continuation move.

The initial retracement support lies near the 0.382 Fib around $122, aligning closely with the first major zone of prior consolidation and a likely area where short-term buyers could step in. A deeper correction could extend toward the 0.618 level near $90, which would represent a more complete mean reversion after such a steep vertical move.

Source: TradingView
Zcash: a privacy haven amid tightening AML regulations
As AML frameworks tighten, regulators around the world are moving to enforce stricter identity verification, transaction reporting, and wallet monitoring requirements across digital asset platforms.

Zcash stands out in this evolving landscape because it allows users to maintain confidentiality through shielded transactions using zero-knowledge proofs. In these shielded transactions, the sender, recipient, and transaction amount can remain hidden.

This positions privacy coins like Zcash as a potential refuge for capital seeking discretion in an increasingly monitored financial environment. Whether that capital stems from legitimate privacy concerns or gray-market activity, the trend underscores a simple truth: the tighter AML frameworks become, the stronger the case for privacy solutions.

“Zcash investors seem to bet on illicit and gray-area funds shifting from Bitcoin and stablecoins to privacy coins as AML rules tighten,” said Ki Young Ju, the CEO of CryptoQuant.

Zcash investors seem to bet on illicit and gray-area funds shifting from Bitcoin and stablecoins to privacy coins as AML rules tighten. https://t.co/RZ0prmcljd

— Ki Young Ju (@ki_young_ju) October 5, 2025
2025-10-07 10:55 3mo ago
2025-10-07 06:00 3mo ago
How ‘absurd' momentum drives BlackRock's Bitcoin ETF toward $100B cryptonews
BTC
Journalist

Posted: October 7, 2025

Key Takeaways 
Why is BlackRock’s $100B Bitcoin ETF target unique? 
IBIT is set to reach $100 billion AUM in under 450 days — faster than any ETF in history.

What’s the impact of BlackRock’s IBIT on BTC price? 
It has led to strong ETF inflows, fueling a spot-market demand that could further rally BTC. 

BlackRock’s iShares Bitcoin [BTC] Trust ETF (IBIT) has smashed records and is now on track to hit $100 billion assets under management (AUM) milestone.

It will become the fastest ETF to hit that target and currently the most profitable product across the BlackRock ETF lineup. 

With less than a two-year-old, IBIT’s explosive growth is “absurd”, according to Bloomberg ETF analyst Eric Balchunas. In fact, IBIT raked in $244 million in annual revenue based on the press time AUM of $97.8 billion.

Source: X

$50B added to AUM in 2025
In 2024, IBIT closed the year with $51 billion in AUM. At the time, the average BTC price was approximately $93,000.

Although the Q1 2025 headwinds and tariff wars dragged AUM to $47 billion, it has rebounded to over $97 billion as of October. That’s about $50 billion added this year. 

Source: Soso Value

If this pace of ETF inflows continues for the rest of Q4, IBIT could cross the $100 billion mark by October. 

Reacting to IBIT’s growth, ETF Store founder Nate Geraci added that the leading ETF took five years to cross $100 billion.

“World’s largest ETF, Vanguard S&P 500 ETF, took 2,000+ days to hit that mark. IBIT is about to do it in < 450 days. Easily fastest ever.”

Source: Bloomberg

Bitcoin ETFs dominate inflows as Ethereum lags
That being said, the overall BTC ETFs inflows rebound in H2, led by IBIT, have surpassed collective Ethereum [ETH] ETF inflows. 

According to CryptoQuant, in the last 30 days, BTC ETFs absorbed $4.61 billion in inflows while ETH ETFs lagged behind with $1.05 billion.

CryptoQuant analyst JA Maartunn noted that the shift implied a likely rotation from ETH to BTC. 

Source: CryptoQuant

The shift could stall the ETH/BTC rally seen in Q3.

Meanwhile, the strong BTC ETFs and Spot market demand lifted BTC price to a new all-time high $126.1K. At press time, however, it had slipped slightly below $124K. 

With key liquidity pools at $118K, $120K, and above $127K to $130K, these could be key price targets to watch in the near term. 

Source: CoinAnk
2025-10-07 10:55 3mo ago
2025-10-07 06:00 3mo ago
Bitcoin Hyper ($HYPER) Live News Today: Latest Insights for Bitcoin Maxis (October 7) cryptonews
BTC
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

Stay Ahead with Our Immediate Analysis of Today’s Bitcoin & Bitcoin Hyper Insights
Check out our Live Bitcoin Hyper Updates for October 7, 2025!

In 2010, Bitcoin was worth a few cents. One year later, it hit $20. In six years, it was $17,000, and now it’s sitting at over $110K, after hitting an ATH of $123K in July.

Historically, if you’d invested in Bitcoin at launch, you’d have an ROI of 188,643,000%. The likes of Mastercard, JP Morgan, and scores of S&P 500 companies are buying Bitcoin in droves. There’s never been anything like Bitcoin before, and investors are waking up to that reality.

However, Bitcoin is getting old for modern standards. No dApps, no smart contracts, and almost non-existent DeFi scalability. It needs an upgrade. And that’s what Bitcoin Hyper ($HYPER) is here to do with Layer-2 technology.

Click to learn more about Bitcoin Hyper

Bitcoin Hyper ($HYPER) is a crypto project planning to launch the fastest Layer-2 chain for Bitcoin. Its goal – to bring Bitcoin’s blockchain to modern standards. This means compatibility with dApps, smart contracts, and seamless DeFi programmability for developers.

The L2 will run on a Canonical Bridge, combined with the Solana Virtual Machine (SVM), for native compatibility with Solana. You’ll be able to build token programs, LP logic, oracles, games, NFT infrastructure, DAOs, and much more. All without reinventing the wheel.

To engage with the L2, you’ll deposit $BTC to a designated address monitored by the Canonical Bridge. The Relay Program verifies the details, and then mints an equivalent number of wrapped $BTC on the L2. You can also withdraw your original $BTC at any time.

If you’re looking for the newest insights on Bitcoin and Bitcoin Hyper, you’re in the right place.

We update this page regularly throughout the day with the latest insider insights for Bitcoin maxis and Bitcoin Hyper fans. Keep refreshing to stay ahead of the pack!

Disclaimer: No crypto investment comes without risk. Our content is for informational purposes, not financial advice. We may earn affiliate commissions at no extra cost to you.

HOW TO BUY $HYPER

Today’s Bitcoin Technical Analysis

After a massive 16% rally in less than two weeks, Bitcoin’s daily candle finally closed above its previous all-time high of $124.5K yesterday, flashing a strong bullish signal that the token is indeed primed for further upside.

Today, as expected, Bitcoin appears to be taking a breather. Interestingly, in doing so, it’s forming an inside candle pattern, meaning today’s high-low range is contained within yesterday’s range.

This is a classic bullish setup, especially when it follows a strong rally. Next, a breakout above could spark another sharp upward move similar to what we’ve seen over the past couple of weeks.

That said, given Bitcoin’s one-sided momentum, a brief pullback here would actually be healthy, as it would allow the price to cool off slightly before continuing its larger bullish rally toward new ATHs.

Strategy’s $3.9B Bitcoin Boom Sends Shockwaves — Bitcoin Hyper Rides the Bull Run
October 7, 2025 • 10:00 UTC

Strategy, the world’s largest corporate holder of Bitcoin, now holds roughly 640K $BTC with an average purchase price of $73,983.

At Bitcoin’s current price of $124,705, Strategy’s holdings are valued at nearly $79B, with unrealized gains of around $31–32B.

The company reported $3.9B in fair value gains for the last quarter — a paper profit reflecting Bitcoin’s massive Q3 rally.

This quarter, Strategy issued several preferred share classes offering 10.25% annual dividends and paid $140M in dividend distributions, which coincided with its most recent decision to pause Bitcoin purchases. Michael Saylor confirmed the break on X, saying, ‘There will be no new orange dots this week.’

With Bitcoin hitting its ATH on October 5th, analysts are eyeing $131K, $135K, and $140K as the next resistance levels.

One standout project riding this momentum is Bitcoin Hyper ($HYPER), a L2 scalability solution that enables instant transactions, staking, trading, and DeFi tool usage with near-zero transaction fees.

Learn about how to buy Bitcoin Hyper in our detailed guide

Billionaire Paul Tudor Says Massive Crypto Rally is Coming as Bitcoin Hyper Soars
October 7, 2025 • 10:00 UTC

Billionaire Paul Tudor said the market is ready for a massive rally amid financial uncertainty linked to the US’s surging deficit.

The statement came in an interview during CNBC’s Squawk Box, where Paul drew parallels between the current market situation and 1999’s dot-com bubble.

In his view, investors will keep migrating to risk-defined assets like Bitcoin to offset the growing volatility and crashout in the tradfi sector.

This spells good news for Q4’s Bitcoin and hints at a prolonged rally into 2026, especially with Bitcoin’s Layer 2 solution, Bitcoin Hyper ($HYPER) also planning an end-of-the-year release.

Bitcoin Hyper promises faster and cheaper transactions for a more scalable and Bitcoin ecosystem.

Learn how to buy $HYPER right here.

Authored by Leah Waters, Bitcoinist — https://bitcoinist.com/bitcoin-hyper-live-news-october-7-2025/

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.

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Leah is a British journalist with a BA in Journalism, Media, and Communications and nearly a decade of content writing experience.
Over the last four years, her focus has primarily been on Web3 technologies, driven by her genuine enthusiasm for decentralization and the latest technological advancements.
She has contributed to leading crypto and NFT publications – Cointelegraph, Coinbound, Crypto News, NFT Plazas, Bitcolumnist, Techreport, and NFT Lately – which has elevated her to a senior role in crypto journalism.
Whether crafting breaking news or in-depth reviews, she strives to engage her readers with the latest insights and information. Her articles often span the hottest cryptos, exchanges, and evolving regulations.
As part of her ploy to attract crypto newbies into Web3, she explains even the most complex topics in an easily understandable and engaging way.
Further underscoring her dynamic journalism background, she has written for various sectors, including software testing (TEST Magazine), travel (Travel Off Path), and music (Mixmag).
When she's not deep into a crypto rabbit hole, she's probably island-hopping (with the Galapagos and Hainan being her go-to's). Or perhaps sketching chalk pencil drawings while listening to the Pixies, her all-time favorite band.
2025-10-07 10:55 3mo ago
2025-10-07 06:01 3mo ago
Bitcoin ETFs see record $1.2 billion inflow with BlackRock's IBIT leading the charge cryptonews
BTC
Bitcoin ETFs see record $1.2 billion inflow with BlackRock’s IBIT leading the charge Oluwapelumi Adejumo · 1 min ago · 2 min read

BlackRock's IBIT outperforms the asset manager's other funds with $244 million annual revenue amid Bitcoin ETF boom.

Oct. 7, 2025 at 11:01 am UTC

2 min read

Updated: Oct. 7, 2025 at 11:02 am UTC

Cover art/illustration via CryptoSlate. Image includes combined content which may include AI-generated content.

Investor activity in US-listed spot Bitcoin exchange-traded funds (ETFs) surged sharply on Oct. 6, mirroring BTC’s continued price gains and growing institutional interest.

According to data from SoSoValue, the twelve approved funds collectively absorbed about $1.2 billion in inflows. This is their second-largest single-day haul since launching in 2024 and the strongest performance this year.

Chart Showing Bitcoin ETFs Daily Inflow (Source: Trader T)Much of that demand concentrated around BlackRock’s iShares Bitcoin Trust (IBIT), which pulled in nearly $967 million in fresh capital and nearly $5 billion in trading volume.

IBIT is now on the verge of crossing the $100 billion assets-under-management threshold, an unprecedented milestone for a digital-asset product.

BlackRock IBIT Assets Under Management (Source: Balchunas)Bloomberg analyst Eric Balchunas noted that IBIT has already produced an estimated $244 million in annual revenue for BlackRock, surpassing the earnings of the firm’s other long-established funds.

BlackRock IBIT Profitability (Source: Eric Balchunas)That profitability reflects how deeply institutional money has begun to integrate Bitcoin into mainstream portfolio strategies.

Meanwhile, the latest wave of inflows extends a broader pattern of strength that the financial investment vehicles have registered recently.

Last week alone, Bitcoin ETFs attracted around $3.2 billion in net new capital, marking the second-highest inflow on record.

Mentioned in this articleLatest US StoriesLatest Bitcoin Stories
2025-10-07 10:55 3mo ago
2025-10-07 06:02 3mo ago
Why Pi Network price crash sparks rug pull fears cryptonews
PI
The Pi Network plunges over 90% from its peak, wiping out billions from its market cap. Many community members are speculating on whether this means a rug pull is on the horizon.

Summary

Pi Network’s token has plunged by over 90% from its February peak, igniting fears of a rug pull among traders.
Currently trading near $0.26, Pi shows weak recovery signals with resistance at $0.28, while technical indicators suggest mild bullish momentum.

According to data from crypto.news, the token has continued to fall lower from its initial peak in February. In just eight months, the token’s value has plummeted by 90%. From its all-time high at $2.99, it is now trading at less than $0.30.

Within just six months, the token’s market cap has lost more than $18 billion. The continued decline of the token has led many Pi Network (PI) token holders to believe that the team could very well be planning to rug-pull the token.

“Pi crashed over 90% from its highest position that’s basically a rug pull. Why should I or other Pi Network investors be happy about that?” said one user on X.

According to the trader, many in the Pi community continue to hold onto the belief that 1 Pi is valued at $314,159, a figure long promoted as the “Global Consensus Value.” However, growing skepticism within the community suggests that this valuation is largely false.

At the center of the controversy is the Pi Core Team, which reportedly controls around 90 billion tokens. The large concentration of tokens held by the core team is why many traders argue that they have unfair influence over the token’s price and market behavior.

Due to this, analysts suspect these could be linked to insider selling, potentially contributing to the steep decline in Pi’s value.

However, some supporters of the project maintain that Pi never raised external capital, which means it technically cannot be labeled a “rug pull.” Nevertheless, the heavy centralization of tokens within the Pi Foundation has raised fears of possible market manipulation.

Pi Network price analysis
As of late, the Pi Network price remains under heavy pressure, trading at around $0.263 at the time of writing. The token suffered a sharp decline in late September, plummeting from around the $0.33–$0.34 range to below $0.26. Since then, Pi has been consolidating sideways with minimal volatility, suggesting that market participants are uncertain about the token’s next direction.

The 30-period moving average sits closely above the current price at $0.2623, acting as a short-term resistance level.

Pi Network has fallen 90% from its February peak and continues to plunge lower | Source: TradingView
Despite the stabilization, momentum indicators reveal only modest recovery potential. The Relative Strength Index currently reads 62.00, showing that buying pressure has slightly increased but is still within neutral territory. A sustained move above 70 could signal a short-term overbought condition, while a drop below 50 might confirm renewed selling pressure.

For now, RSI levels indicate that Pi is in the middle of experiencing mild bullish momentum following prolonged consolidation.

So far, the price structure shows limited upward traction as long as Pi remains below the $0.28 resistance zone. A breakout above this level could open the door for a rebound toward $0.30, but without strong volume support, such a move may be unsustainable.

On the other hand, if it fails to maintain support near $0.26 it could fall even lower to around $0.24, especially if broader market sentiment weakens or additional selling from major holders occurs.
2025-10-07 10:55 3mo ago
2025-10-07 06:03 3mo ago
Ondo's Oasis Pro Acquisition Expands US Reach and Sparks ONDO Breakout Hopes cryptonews
ONDO
Ondo Finance’s acquisition of Oasis Pro secures SEC-approved broker-dealer, ATS, and TA licenses, cementing its U.S. regulatory foothold.The move bridges DeFi and TradFi, positioning Ondo as a compliant RWA infrastructure leader amid soaring institutional demand for tokenized assets.ONDO hovers near $0.94, eyeing $1.12 resistance; sustained growth depends on integration success, inflows, and whale stability.Ondo Finance has captured major attention after completing its acquisition of Oasis Pro, a firm holding several SEC-registered licenses.

This move marks a strategic milestone for Ondo in the rapidly growing Real World Assets (RWA) sector, yet the key question remains: Does ONDO have the momentum to break out?

Sponsored

Sponsored

From DeFi to TradFi: The Strategic Leap with Oasis ProOndo Finance (ONDO) has officially completed the acquisition of Oasis Pro, including its broker-dealer, Alternative Trading System (ATS), and Transfer Agent (TA) licenses, which were approved by the US Securities and Exchange Commission (SEC). 

“This acquisition enables Ondo to expand access as the tokenized securities market rapidly accelerates, predicted to exceed $18 trillion by 2033,” the announcement noted.

The acquisition represents a pivotal step that allows Ondo to deepen its presence in the regulated digital asset space, effectively bridging the gap between traditional finance (TradFi) and blockchain. What was once a DeFi protocol issuing RWA tokens is now evolving into an infrastructure player that can legally operate within US financial frameworks, a prerequisite for attracting institutional investors into on-chain assets.

Within the DeFi ecosystem, Ondo’s Total Value Locked (TVL) recently reached an all-time high of $1.74 billion, with Q3 revenue and fees totaling around $13.7 million.

Ondo’s TVL. Source: DefiLlamaAt the same time, BeInCrypto reported that Ondo Global Markets surpassed $300 million in tokenized assets, reflecting strong inflows into tokenized treasuries, stocks, and stablecoins.

This trend shows the surging demand for real-world on-chain products as investors seek yield-bearing, relatively secure alternatives amid persistently high real interest rates.

Sponsored

Sponsored

Technical Signals Worth WatchingWhen writing, BeInCrypto data shows that ONDO is trading at $0.94, up 2.84% in the past 24 hours. From a technical perspective, crypto analyst Ali highlights a solid support zone around $0.86, with the next upside target at $1.12 if bullish momentum continues.

ONDO/USDT 12H chart. Source: Ali on XOn-chain metrics further add context. The ONDO Short Term Bubble Risk (STBR) indicator, the ratio between price and the 20-week simple moving average (20W SMA), helps identify overextension levels.

An STBR value below 1 signals a bearish phase, while readings between 1.25 and 1.5 indicate growing momentum, and above 1.75 suggest high bubble risk. When the ratio exceeds 2.0, it implies that the asset is trading at twice its 20W SMA — a level historically followed by corrections.

Data shows that ONDO has already completed a full market cycle, from its bubble top to a capitulation phase, and has stabilized. As of late September 2025, the market appears balanced, but analysts warn of potential overheating if volume spikes further.

ONDO Short Term Bubble Risk (STBR). Source: Into The CryptoverseFrom a fundamental standpoint, the SEC licensing is the true catalyst — legitimizing Ondo’s tokenization model within the U.S. regulatory framework. This reduces compliance risks and opens the door for institutional capital, which has historically avoided non-regulated DeFi protocols.

However, for ONDO to achieve a sustainable breakout, three key conditions must align: successfully integrating Oasis Pro’s infrastructure, continued capital inflows into tokenized products, and stability among large holders (whales) to prevent sell pressure.

If these factors falter, the rally could remain short-lived before reverting to consolidation.

Disclaimer

In adherence to the Trust Project guidelines, BeInCrypto is committed to unbiased, transparent reporting. This news article aims to provide accurate, timely information. However, readers are advised to verify facts independently and consult with a professional before making any decisions based on this content. Please note that our Terms and Conditions, Privacy Policy, and Disclaimers have been updated.
2025-10-07 10:55 3mo ago
2025-10-07 06:04 3mo ago
Mantle (MNT) price hits new ATH on RWA buzz and new partnerships cryptonews
MNT
Mantle’s price hit a new all-time high on Tuesday, driven by partnerships that are bootstrapping liquidity and trading volume on the network, while the project also expands its focus into the RWA sector.

Summary

Mantle price has hit a new peak at $2.47 on Tuesday.
Recent partnerships and the project’s growing focus on the RWA tokenization sector have supported MNT’s gains.
MNT invalidated a rising wedge pattern on the daily chart.

According to data from crypto.news, Mantle (MNT) surged to a new all-time high of $2.47 on Oct. 7, morning Asian time, before stabilizing at $2.26 as of press time. It has rallied 125% from last month’s low and 340% from its lowest point this year. 

Daily trading volume for the token also saw a notable uptick, rising from $125 million seen in early September to over $612 million, while its market cap nearly doubled over the same period to $7.34 billion, making it the 32nd largest crypto asset when writing.

Mirroring the spike in spot trading volume, open interest in Mantle’s futures market surged by 26% over the past week to $4.85 billion, while the weighted funding rate remained positive for nearly two weeks, a sign that long-position holders have been paying short-position holders to maintain their positions, reflecting strong bullish sentiment in the market.

Why is Mantle price going up?
There are three major catalysts behind Mantle’s price surge over recent weeks.

First, during Token2049, Mantle unveiled its new compliance-oriented RWA service. The move has positioned the project as one of the few L2 ecosystems actively building in the real-world asset space, a narrative that has grown increasingly hot this year.

Second, a major announcement came at the Mantle Mixer last week, where Trump family-backed World Liberty Financial revealed that it would be launching its flagship stablecoin, USD1, on the Mantle network. Given that USD1 currently stands as the 6th largest stablecoin with a market cap surpassing $2.6 billion, the partnership is being seen as a huge credibility boost for Mantle’s DeFi and stablecoin ecosystem. 

Finally, bullish momentum for the token has also been amplified by Mantle’s growing synergy with centralized crypto exchange Bybit. Late last month, Bybit presented the “Mantle × Bybit Roadmap”, outlining deeper integration between the two platforms. Considering Bybit processes over $30 billion in daily trading volume, the exposure and network effects for MNT have grown significantly in a very short time.

However, Mantle’s rally could face some hiccups, as smart money investors seem to be exiting their positions. According to data from Nansen, the total amount of MNT held by smart money has dropped by nearly 49% over the past 30 days, falling to just 18.07 million tokens at the time of writing.

Source: Nansen
This kind of steady selloff from seasoned investors could raise a few eyebrows. For some traders, it might be a red flag, a signal that those with deeper insight or early allocations are quietly taking profits. While retail sentiment remains strong, this shift in smart money positioning could inject a bit of caution into what has otherwise been a very bullish run.

Mantle price analysis
On the daily chart, Mantle has confirmed a bullish breakout from a rising wedge pattern. Usually, rising wedges are typically followed by bearish reversals. However, in MNT’s case, the price broke out from the upper trendline, invalidating the typical bearish outlook that rising wedges tend to imply.

Mantle price has invalidated a bearish pattern on the daily chart — Oct. 7 | Source: crypto.news
Such breakouts are not unusual during strong uptrends, especially when underlying fundamentals continue to support bullish sentiment.

Adding to the bullish case, MNT is now trading above all its key moving averages, with the short-term averages stacked above the long-term ones, a classic signal of trend strength. Notably, the 50-day moving average has crossed above the 200-day, forming a golden cross, which often precedes sustained rallies.

Momentum indicators are supporting this bullish backdrop. The MACD has printed a positive crossover, and the growing green histogram bars on the chart reflect increasing buyer strength, all of which are signs of a market that is leaning heavily in favor of the bulls.

Looking ahead, the next major resistance sits at $2.60, which also acts as a psychological barrier for traders. A clean breakout above it, especially with strong volume confirmation, could open the gates for a push toward the $3 mark. 

On the flip side, $2.00 serves as the immediate support, a level bulls will want to hold to keep the momentum alive.

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.
2025-10-07 10:55 3mo ago
2025-10-07 06:08 3mo ago
Bitcoin Rises Amid ETF Hype, Whales Take Gains cryptonews
BTC
Bitcoin smashed through $126,000 over the weekend thanks largely to massive institutional demand through US spot ETFs.
2025-10-07 10:55 3mo ago
2025-10-07 06:11 3mo ago
Charles Hoskinson Says Elon Musk's Grokipedia Could End Wikipedia Bias Against Cardano cryptonews
ADA
Cardano founder Charles Hoskinson has expressed excitement about Elon Musk’s upcoming online encyclopedia, Grokipedia, seeing it as an opportunity to reduce long-standing bias against his blockchain project. Hoskinson shared his enthusiasm on X, noting that the new platform could provide a fairer and more accurate alternative to Wikipedia, which he has long criticized for its portrayal of Cardano.

Elon Musk Launches Grokipedia: Elon Musk recently announced that Grokipedia aims to become the world’s largest and most accurate knowledge source, serving both human users and artificial intelligence systems. The platform is expected to launch its first version within the next two weeks. Musk emphasized that Grokipedia will focus on providing information free from bias or hidden agendas, a feature Hoskinson sees as crucial for ensuring Cardano receives proper recognition.

Hoskinson commented, “A platform like Grokipedia could finally allow Cardano’s story to be told fairly, without the distortions we’ve experienced on other encyclopedias.”

Addressing Wikipedia Bias Against Cardano and Other Blockchain ProjectsHoskinson’s criticism of Wikipedia is well-documented. Since Cardano’s early days, he has publicly voiced concerns over what he perceives as editorial bias against blockchain projects. In 2020, he claimed Wikipedia actively blocked the creation of pages for Cardano and displayed hostility toward the project.

In a YouTube video titled “On Wikipedia”, Hoskinson described the platform’s treatment as censorship and tweeted that Wikipedia is “an organization of cowards,” claiming founder Jimmy Wales had blocked him. Other blockchain projects, including Bitcoin, faced similar challenges during Wikipedia’s early days, with entries frequently removed or heavily edited, illustrating a broader tension between the crypto community and traditional information platforms.

Grokipedia Could Provide a Fair Platform for Cardano’s Milestones and InnovationsHoskinson believes that Grokipedia offers a fair playing ground for blockchain projects like Cardano to showcase their development milestones, innovations, and ecosystem contributions without distortion. In a rapidly evolving crypto landscape, public perception and transparency play a critical role in driving adoption, making accurate representation more important than ever.

Grokipedia as a Step Toward Balanced and Neutral Information for the Blockchain CommunityBeyond Cardano, Grokipedia promises to diversify the online information landscape across multiple topics, aiming for accuracy and neutrality. By challenging Wikipedia’s dominance and addressing perceived editorial bias, the platform could reshape how digital knowledge is curated.

For Hoskinson, this is not just about Cardano: it’s about creating a more reliable and comprehensive knowledge source for the broader public, giving blockchain projects a fair chance to be understood and recognized.

As Grokipedia prepares for its official launch, the crypto community watches closely, hopeful that it will bring transparency, fairness, and a new avenue for accurate blockchain representation.

Never Miss a Beat in the Crypto World!Stay ahead with breaking news, expert analysis, and real-time updates on the latest trends in Bitcoin, altcoins, DeFi, NFTs, and more.

FAQsWhat is Grokipedia?

Grokipedia is Elon Musk’s new online encyclopedia designed to be the world’s most accurate, unbiased knowledge source for both humans and AI, with a launch expected soon.

How will Grokipedia help Cardano?

By providing a neutral information platform, Grokipedia will allow Cardano to accurately showcase its milestones and innovations, improving public perception and understanding.

Is Grokipedia only for cryptocurrency topics?

No, Grokipedia aims to be a comprehensive knowledge source across all subjects, promising accuracy and neutrality that could benefit many underrepresented topics, including blockchain.

Trust with CoinPedia:CoinPedia has been delivering accurate and timely cryptocurrency and blockchain updates since 2017. All content is created by our expert panel of analysts and journalists, following strict Editorial Guidelines based on E-E-A-T (Experience, Expertise, Authoritativeness, Trustworthiness). Every article is fact-checked against reputable sources to ensure accuracy, transparency, and reliability. Our review policy guarantees unbiased evaluations when recommending exchanges, platforms, or tools. We strive to provide timely updates about everything crypto & blockchain, right from startups to industry majors.

Investment Disclaimer:All opinions and insights shared represent the author's own views on current market conditions. Please do your own research before making investment decisions. Neither the writer nor the publication assumes responsibility for your financial choices.

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2025-10-07 10:55 3mo ago
2025-10-07 06:14 3mo ago
BNB Breaks New All-Time High above $1,200 — Can Bulls Push It to $1,500 this Month? cryptonews
BNB
BNB broke through the $1,200 ceiling to register a new all-time high of $1,250, according to multiple market charts. 

The breakout came after a roughly 21.3% weekly gain leading into this historic move. BNB’s strength now demands close scrutiny: can bulls sustain this momentum toward $1,500?

Price Action and Volume Confirm Breakout
BNB’s upward thrust was not quiet. Trading volume jumped sharply, reinforcing conviction behind the move. CoinMarketCap shows that daily volume reached $6.4 billion.  The crypto also closed above a key resistance zone that had long capped its advance.

The technical structure shows higher highs and higher lows, with moving averages now aligned in favor of bulls, according to TradingView

The rally is supported by growing ecosystem usage and structural drivers, including surges in active addresses and transaction volume.

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Analysts note that the rally is not purely speculative: real usage underpins demand. On-chain metrics continue to affirm the network’s health, even as the price tests new highs.

BNB’s deflationary mechanism, through quarterly burns, also contributes to scarcity dynamics, especially as demand intensifies. These supply cuts compound upward price pressure when buyer interest accelerates.

Institutional Flows and Market Sentiment
Institutional and treasury-level interest has been growing. This increased its BNB holdings via OTC purchases. Such accumulation tends to absorb liquidity and reduce downside buffers.

CoinMarketCap notes that BNB’s market cap is approaching $180 billion in tandem with this price rise. Some analysts point to the momentum’s ability to carry the token toward $1,500, especially under favorable conditions.

To reach $1,500 from the current level ($1,250+), BNB must outperform by roughly 23% to 25%. That is nontrivial, given that it must clear resistance zones and sustain demand.

Key resistance zones lie roughly between $1,250 and $1,400.  If bulls can flip the $1,250–$1,280 area, the climb toward $1,400 becomes more plausible.

Yet risks abound. A sudden macro shift (rate surprise, regulatory pressure) can drain liquidity. Profit-taking may cause the price to retreat toward $1,100. Future liquidations at resistance could trigger downward pressure.

The breakout past $1,200 and establishment of a new all-time high signal strength and structural shift in BNB’s market narrative. But pushing toward $1,500 demands sustained conviction.

In the short term, the price may consolidate or modestly retrace to test support zones between $1,120 and $1,150. A healthy retest could reset momentum for another leg higher.

Suppose bulls maintain control above $1,200 and absorb supply up to $1,300–$1,350, the pathway toward $1,500 opens. But that path will be rocky.

Traders will monitor trading volume, open interest, liquidation flows, and on-chain metrics closely for signs of exhaustion or continuation.
2025-10-07 10:55 3mo ago
2025-10-07 06:17 3mo ago
Morning Crypto Report: $610 Million XRP Surprise by Ripple, Bitcoin (BTC) Smashes $126,000 Record, Shiba Inu (SHIB) Faces Survival Questions cryptonews
BTC SHIB XRP
Cover image via U.Today

Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.

The crypto market wakes up today in record-setting territory. Bitcoin hit a new record high of over $126,000, while other cryptocurrencies like XRP, Ethereum and Dogecoin are also doing well during what is being called the "Uptober" period.

The macro situation is still looking good: the U.S. is in a political deadlock over funding the government, and there are renewed shutdown fears, which is pushing capital toward non-sovereign assets. The U.S. dollar is a bit weaker and liquidity indicators are indicating risk-on. 

Bitcoin eyes $150,000 after record highBitcoin broke through $126,223, setting another all-time high and currently trading near $123,529 after a minor dip. Exchange balances are currently at a six-year low of around 2.83 million BTC, suggesting heavy accumulation and declining sell pressure.

HOT Stories

Analysts point to derivatives markets, where bullish positioning is building. Popular setups include call spreads targeting $130,000 to $145,000 strike zones.

Bitcoin Price by CoinMarketCapMacro tailwinds provide the context. The U.S. government is at a standstill as politicians could not agree on new funding, reducing confidence in treasuries and increasing hedging via alternative assets like crypto. That is one of the main reasons for Bitcoin products to receive around $3.55 billion in flows alone last week.

Some predict $150,000 by October, but there are doubts. This is partially because Satoshi-era Bitcoin wallets have resurfaced to take profits as, just recently, a dormant address that had 691 BTC moved its funds into circulation after more than 10 years.

Event of the day: Ripple moves $610 million XRPOutside of Bitcoin, the biggest story is all about XRP. Ripple moved 200 million XRP, which is about $610 million, to an external wallet.

The timing lined up with XRP's price steady at between $2.96 and $3.05, an area that has been crucial as $3.10 is still the key resistance point. Clearing that could open the door to $3.20 to $3.50 for XRP, and some traders are already talking about targets as high as $5.

That is a bit risky, but it is not totally off the wall, especially with XRP investment products pulling in $219.4 million last week — a 235% surge that put it just behind Bitcoin and Ethereum. 

The ascending support trendline around $2.80-$2.90 is still the safety net, and Ripple's own treasury maneuvering makes this the event of the day, with direct effects on both supply and sentiment.

Chart of the day: Shiba Inu (SHIB) faces survival questionsThe biggest meme coin on Ethereum and once the star of the crypto show, Shiba Inu (SHIB), continues its battle for relevancy. Trading at $0.00001257, little has changed from previous sessions for SHIB, but the story is not about price ticks — it is about the split between activity on-chain and the confidence of its holders.

Over the past two days, transactions spiked by 70%, a rare burst of activity, yet the number of wallets holding the Shiba Inu coin fell for the first time in almost two years, and trading volumes slid by about 32% too.

SHIB/USD by TradingViewOn the chart, SHIB is locked in a narrow band with support at $0.0000109 and resistance at $0.0000140. The transaction surge has left candles stacking in tighter formation, while volume divergence hints that a bigger move may be near. 

The setup is binary — a close above $0.0000140 could unleash a fresh retail wave, while a drop under $0.0000109 risks breaking the two-year uptrend base. This razor-edge balance between revival and breakdown is what earns SHIB the chart of the day for today.

Evening crypto outlookAs we head into the U.S. session, BTC is holding firm at around $123,000, with resistance at $128,000 and everyone talking about the $150,000 number if ETF inflows continue at the same pace.

Aside from the main cryptocurrency, there are some interesting stories in the altcoin space.

Thus, Dogecoin surged by 6% after its creator made a meme about Bitcoin's new high, MetaMask unveiled a $30 million rewards program connected to its future token and the Linea network, and Plume jumped by 31% after securing SEC transfer agent status.
2025-10-07 10:55 3mo ago
2025-10-07 06:17 3mo ago
Bitcoin ETFs see largest daily inflows since Trump election surge as BlackRock's IBIT nears $100 billion in AUM cryptonews
BTC
U.S. spot bitcoin ETFs attracted their second-largest ever daily inflows of $1.19 billion on Monday as BTC made fresh all-time highs.
2025-10-07 10:55 3mo ago
2025-10-07 06:18 3mo ago
Bitcoin Corrects From $126,000 All-Time High As Whales Send 15,054 BTC To Exchanges cryptonews
BTC
Bitcoin printed a new all-time high above $126,000 hours ago, fueled by deepening institutional conviction and the US government shutdown.
2025-10-07 10:55 3mo ago
2025-10-07 06:24 3mo ago
BONK price breakout: double-bottom pattern and ETF buzz fuel bullish outlook cryptonews
BONK
After a prolonged consolidation phase, the BONK price is showing the early signs of a bullish reversal supported by technical indicators, ETF speculation, and rising momentum within the Solana ecosystem. BONK is currently attempting to reclaim key resistance levels that could set the stage for a larger rally.
2025-10-07 10:55 3mo ago
2025-10-07 06:27 3mo ago
BNB Hits Record High Above $1,280 as Blockchain Activity Surges cryptonews
BNB
The BNB Chain reported a record 58 million monthly active addresses, overtaking Solana, with growth driven by the decentralized exchange Aster.Updated Oct 7, 2025, 10:27 a.m. Published Oct 7, 2025, 10:27 a.m.

BNB, the native token of the BNB Chain and widely used for transaction fee discounts on Binance, jumped more than 5% over the last 24-hour period, crossing the $1,280 mark to hit a new all-time high.

The rally comes as traders digested signs of increased demand from institutions and surging activity on the underlying blockchain, driven in part by the newly launched decentralized exchange Aster.

STORY CONTINUES BELOW

BNB Chain reported a record 58 million monthly active addresses, overtaking Solana’s 38,3 million according to data from TokenTerminal. The growth reflects rising usage that’s closely linked to Aster, which saw its total value locked jump over 500% to $2.4 billion, according to DeFiLlama.

The price move also coincides with the announcement of a partnership between BNB Chain and Chainlink to bring official U.S. economic data on-chain.

During the peak of the rally, trading volumes exceeded the 24-hour average for a single session. That level of activity suggests there’s broader strength behind the rally.

BNB’s recent move builds on broader optimism across crypto markets, though the cryptocurrency has been outperforming the wider market as measured by the CoinDesk 20 (CD20) index, which is up just 0.3% in the last 24 hours.

The wider market has been rallying amid a U.S. government shutdown that has left the Federal Reserve with data delays. As a result, traders are now betting that the Fed will cut rates by 25 bps this month, further benefitting risk assets.

Disclaimer: Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards. For more information, see CoinDesk's full AI Policy.

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Total Crypto Trading Volume Hits Yearly High of $9.72T

Sep 9, 2025

Combined spot and derivatives trading on centralized exchanges surged 7.58% to $9.72 trillion in August, marking the highest monthly volume of 2025

What to know:

Combined spot and derivatives trading on centralized exchanges surged 7.58% to $9.72 trillion in August, marking the highest monthly volume of 2025Gate exchange emerged as major player with 98.9% volume surge to $746 billion, overtaking Bitget to become fourth-largest platformOpen interest across centralized derivatives exchanges rose 4.92% to $187 billionView Full Report

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Ken Griffin Sounds Alarm as Gold Futures Tops $4,000 and Dollar Weakens

11 minutes ago

Citadel CEO warns of asset inflation and “de-dollarization” as investors seek safety in gold, bitcoin, and other hard assets.

What to know:

Gold futures hit $4,000 an ounce, up over 50% in 2025, while the U.S. dollar index (DXY) has dropped around 10% in 2025. Ken Griffin, CEO of Citadel, cautions that investors are moving away from the dollar amid growing concerns over U.S. sovereign risk, with bitcoin and equities also hitting record highs.Read full story
2025-10-07 10:55 3mo ago
2025-10-07 06:29 3mo ago
Bitcoin Clears $125,000 — Full Throttle to $139,000 Seems Imminent as Sweden Eyes BTC Reserve cryptonews
BTC
Bitcoin’s breakout above $117,000 has reignited market optimism, with top analyst Ali Martinez predicting a potential rally toward $139,000.

Source: Ali Martinez
Martinez acknowledged that the move aligns with signals from the Pricing Bands, a key technical indicator that has historically pinpointed major shifts in the Bitcoin cycle.

Martinez noted that Bitcoin’s decisive break above $117,000 marks a pivotal move past weeks of resistance, signaling renewed bullish momentum. “This breakout points to a potential target near $139,000, based on the upper boundary of the Pricing Bands,” he explained. 

These bands, akin to Bollinger Bands but derived from long-term price behavior, track volatility and trend strength, providing a data-driven roadmap for identifying potential market tops and bottoms.

Therefore, Bitcoin’s projected rise to $139,000 appears increasingly attainable, especially after the flagship cryptocurrency’s recent surge to a record high of $126,080.

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At the time of this writing, Bitcoin was trading at $124,352, according to CoinGecko data.

Sweden’s Opposition Pushes for a Strategic Bitcoin Reserve to Protect National Sovereignty
Sweden’s political arena is abuzz after opposition lawmakers proposed establishing a national Bitcoin reserve, a bold move to redefine the country’s financial strategy. 

Introduced by Sweden Democrats members Dennis Dioukarev and David Perez, the motion urges the government to treat Bitcoin as a strategic asset on par with gold and foreign currency reserves, rather than a mere speculative experiment.

According to Dioukarev and Perez, establishing a national Bitcoin reserve would enhance Sweden’s economic sovereignty amid growing global monetary instability. Their proposal calls on the government to develop a clear framework that defines whether the Riksbank or the Ministry of Finance will oversee the assets.

The lawmakers argue that as global debt surges and fiat currencies weaken under inflation, Bitcoin’s decentralized and scarce nature offers Sweden a strategic hedge and a foundation for long-term financial resilience.

Therefore, this proposal reflects a growing global shift as governments reconsider the role of Bitcoin in their national strategies. 

Nations like El Salvador and Bhutan have already integrated it into their reserves, while others explore its potential to diversify assets and reduce reliance on the U.S. dollar.

For Sweden, renowned for financial stability and tech innovation, embracing Bitcoin could mark a bold stride toward digital monetary sovereignty.
2025-10-07 10:55 3mo ago
2025-10-07 06:30 3mo ago
Can Sui Realistically Hit Record High in Q4 2025? cryptonews
SUI
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