, /PRNewswire/ -- Allegiant (NASDAQ: ALGT) is making this year's Customer Appreciation Week unforgettable, giving away nearly $1 million in free flights to delighted customers across the country.
The festivities kicked off Monday, with airline representatives and crew members surprising unsuspecting passengers with the news that they would receive a $250 voucher, which is good for a roundtrip flight—plus amenities – in Allegiant's network.
In Provo, Utah, travelers waiting for their flights were welcomed with a festive prize wheel offering chances to win travel rewards, branded gear, and other giveaways. At select gates, pilots stepped out of the flight deck to personally deliver the news that Allegiant would help cover their next vacation. On other flights, the announcement came mid-air, with flight attendants revealing the surprise over the intercom, sparking cheers, applause, and spontaneous high-fives throughout the cabin.
"This is our way of saying thank you to our customers in a truly special way," said Drew Wells, Allegiant's Chief Commercial Officer. "Our passengers are at the heart of everything we do. Their loyalty has fueled our growth, and this giveaway is our way of letting them know how much we value them."
The $250 vouchers are redeemable for a single use on any Allegiant route and can also be applied toward any ancillary products included on a reservation. This includes seat selection, baggage, priority boarding, rental cars, and hotels — helping travelers save even more on the airline's already affordable nonstop flights to premier vacation destinations. Customers can also use the travel reward to upgrade to Allegiant's premium seat offering, Allegiant Extra. Available on select flights, Allegiant Extra includes priority check-in, extended legroom, and dedicated overhead bin space.
Allegiant's commitment to value-driven travel continues to earn recognition. The airline was recently named 2025's Best Low-Cost Airline in North America by Skytrax, the international air transport rating organization. Often referred to as the "Oscars of the aviation industry," the Skytrax World Airline Awards are based on millions of passenger surveys and are considered the global benchmark for airline excellence. This honor reflects Allegiant's dedication to delivering a consistently high-quality experience, making it especially meaningful during a week focused on celebrating customers.
Allegiant's expansive network connects travelers from small and mid-sized communities to top vacation destinations across the country. Flight days, times and the lowest fares can be found at Allegiant.com.
Allegiant – Together We FlyTM
Las Vegas-based Allegiant (NASDAQ: ALGT) is an integrated travel company with an airline at its heart, focused on connecting customers with the people, places and experiences that matter most. Since 1999, Allegiant Air has linked travelers in small-to-medium cities to world-class vacation destinations with all-nonstop flights and industry-low average fares. Today, Allegiant serves communities across the nation, with base airfares less than half the cost of the average domestic roundtrip ticket. For more information, visit us at Allegiant.com. Media information, including photos, is available at http://gofly.us/iiFa303wrtF
Media Contact
Phone: 702-800-2020
Email: [email protected]
SOURCE Allegiant Travel Company
WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?
440k+
Newsrooms &
Influencers
9k+
Digital Media
Outlets
270k+
Journalists
Opted In
2025-10-07 06:553mo ago
2025-10-07 02:143mo ago
AstraZeneca's Baxdrostat meets main goal in high blood pressure study
A U.S. flag stands next to the AstraZeneca logo during a signing event for documents related to a manufacturing site investment at the Meridian International Center in Washington, D.C., July 21, 2025. REUTERS/Umit Bektas/File Photo Purchase Licensing Rights, opens new tab
Oct 7 (Reuters) - AstraZeneca
(AZN.L), opens new tab said on Tuesday its drug Baxdrostat met the main goal in a late-stage study in patients with treatment-resistant high blood pressure, or hypertension.
Sign up here.
Reporting by Raechel Thankam Job in Bengaluru; Editing by Mrigank Dhaniwala
Our Standards: The Thomson Reuters Trust Principles., opens new tab
2025-10-07 06:553mo ago
2025-10-07 02:173mo ago
SMLR Investors Have Opportunity to Lead Semler Scientific, Inc. Securities Fraud Lawsuit with the Schall Law Firm
, /PRNewswire/ -- The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Semler Scientific, Inc. ("Semler" or "the Company") (NASDAQ: SMLR) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.
Investors who purchased the Company's securities between March 10, 2021 and April 15, 2025, inclusive (the "Class Period"), are encouraged to contact the firm before October 29, 2025.
If you are a shareholder who suffered a loss, click here to participate.
We also encourage you to contact Brian Schall of the Schall Law Firm, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm's website at www.schallfirm.com, or by email at [email protected].
The class, in this case, has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member.
According to the Complaint, the Company made false and misleading statements to the market. Semler failed to inform investors about a DOJ investigation into alleged violations of the False Claims Act, despite discussing violations in hypothetical terms. Based on this fact, the Company's public statements were false and materially misleading throughout the class period. When the market learned the truth about Semler, investor suffered damages.
Join the case to recover your losses
The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.
CONTACT:
The Schall Law Firm
Brian Schall, Esq.,
www.schallfirm.com
Office: 310-301-3335
[email protected]
SOURCE The Schall Law Firm
WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?
(BMEB.L), opens new tab forecast a 28% plunge in first-half core earnings and lower annual profit on Tuesday, after its new chief executive admitted "weak" operational execution had hurt trading performance in its home market.
CEO Tjeerd Jegen, who took charge in June, said B&M has launched a plan called "Back to B&M Basics". It envisages restoring like-for-like sales growth in its UK business, including cutting prices on key groceries, simplifying product ranges, and improving stock availability on shelves.
Sign up here.
The move comes as British retailers brace for another tough year, marred by rising costs related to wages and insurance contributions, and economic uncertainty.
The company said it expects core profit of between 510 million pounds and 560 million pounds ($665 million-$730 million) for the year ending March 2026, compared with 620 million pounds reported a year earlier. It forecast 198 million pounds in profit for the first half.
($1 = 0.7440 pounds)
Reporting by Shashwat Awasthi; Editing by Mrigank Dhaniwala and Harikrishnan Nair
Our Standards: The Thomson Reuters Trust Principles., opens new tab
2025-10-07 06:553mo ago
2025-10-07 02:213mo ago
Offshore wind developer Orsted still plans US Sunrise Wind project for H2 2027
A view shows the logo of the company Orsted at its offices in Gentofte, Denmark September 5, 2025. REUTERS/ Tom Little Purchase Licensing Rights, opens new tab
CompaniesCOPENHAGEN, Oct 7 (Reuters) - Danish offshore wind developer Orsted
(ORSTED.CO), opens new tab maintains a plan to complete its offshore Sunrise Wind project in the United States in the second half of 2027, the company's CEO Rasmus Errboe told reporters on Tuesday.
Sign up here.
Reporting by Jacob Gronholt-Pedersen, writing by Louise Breusch Rasmussen, editing by Terje Solsvik
Our Standards: The Thomson Reuters Trust Principles., opens new tab
2025-10-07 06:553mo ago
2025-10-07 02:273mo ago
Shell expects $600 million hit from Rotterdam biofuels project cancellation
The logo of oil and gas company Shell is seen at a charging station in Brussels, Belgium November 13, 2024. REUTERS/Yves Herman Purchase Licensing Rights, opens new tab
CompaniesLONDON, Oct 7 (Reuters) - Shell expects a $600 million hit in the third quarter from abandoning its biofuels project in Rotterdam, it said on Tuesday, while flagging higher liquefied natural gas production and better trading results.
The company
(SHEL.L), opens new tab raised its third-quarter outlook for LNG production to a range of 7 million to 7.4 million metric tons and expects trading results to be significantly higher in its integrated gas division, it said in a quarterly trading update on Tuesday.
Sign up here.
Shell previously expected LNG production of about 6.7 million to 7.3 million tons, the oil major said in July. In the second quarter, LNG production was 6.7 million metric tons.
Reporting by Stephanie Kelly and Shadia Nasralla
Editing by David Goodman, Kirsten Donovan
Our Standards: The Thomson Reuters Trust Principles., opens new tab
A New-York-based correspondent covering the U.S. crude market and member of the energy team since 2018 covering the oil and fuel markets as well as federal policy around renewable fuels.
Writes about the intersection of corporate oil and climate policy. Has reported on politics, economics, migration, nuclear diplomacy and business from Cairo, Vienna and elsewhere.
2025-10-07 06:553mo ago
2025-10-07 02:373mo ago
B&M warns on profits and launches turnaround plan as sales struggle worsens
B&M European Value Retail SA (LSE:BME) warned that first-half profits are likely to fall compared to last year after sales contracted in the second quarter.
Total revenue for the 26 weeks to 27 September is expected to come to £2.75 billion, up 4.0% on the prior year.
UK like-for-like sales rose 0.1% over the half, after a 1.1% decline in the second quarter, which was weaker than expected.
There was better momentum in the much smaller French business, where revenues grew 13.4%, with LFL growth of 5.2%.
Adjusted EBITDA for the period is expected to fall to around £198 million from £274 million a year earlier, due to margin pressure, lower LFL sales in the UK and increased wage costs.
Full-year EBITDA is likely to fall in the range of £510 million to £560 million, from £620 million the year before.
Chief executive Tjeerd Jegen, who took over in June, has launched a turnaround strategy called 'Back to B&M Basics' aimed at addressing operational weaknesses.
“Since becoming CEO in June, I have led the business through a comprehensive review of our customer proposition and operations. We have concluded that while B&M's value proposition remains strong, our operational execution has been weak,” said Jegen.
He added: “We have already sharpened our price position, and we are moving with pace to refocus our ranges, improve on-shelf availability and bring back excitement to our stores.”
The plan includes price cuts on key FMCG items, refreshed promotional activity, range simplification and improvements to stock availability.
B&M said 23 gross new stores were opened in the UK during the period, with five in France and three at Heron Foods. The group continues to expect between 40-45 gross new UK stores for the full year.
2025-10-07 06:553mo ago
2025-10-07 02:403mo ago
Cellectis to Present Data on Non-Viral Gene Therapy and TALE Base Editors at the ESGCT Annual Congress
NEW YORK, Oct. 07, 2025 (GLOBE NEWSWIRE) -- Cellectis (the “Company”) (Euronext Growth: ALCLS - NASDAQ: CLLS), a clinical-stage biotechnology company using its pioneering gene-editing platform to develop life-saving cell and gene therapies, announced today that findings highlighting the strong potential of circular single-stranded DNA (CssDNA) as a universal, efficient non-viral template for gene therapy, along with a comprehensive study of TALE base editors (TALEB) off-targets in the nuclear genome, will be presented at the European Society of Cell and Gene Therapy (ESGCT) annual congress, that will take place on October 7-10, 2025, in Sevilla, Spain.
Poster presentation:
Title: Circularization of Single-Stranded DNA Donor Template Unleashes the Power of Non-Viral Gene Delivery for Long-Term HSCs editing
Presenter: Julien Valton, Ph.D., Vice President Gene Therapy at Cellectis
Date/Time: Wednesday, October 8, 2025 from 2:00 p.m. to 3:30 p.m. CET
Poster number: P0439
Over the past decade, non-viral DNA template delivery has been used with engineered nucleases to target single-stranded DNA sequences in hematopoietic stem and progenitor cells (HSPCs).
While developed for gene therapy purposes, so far this method has been restricting to gene corrections. To expand this scope, Cellectis developed an editing process using its gene editing technology and kilobase-long circular single-stranded DNA donor templates.
Research data show that:
CssDNA editing process achieved high gene insertion frequency in viable HSPCs.CssDNA-edited HSPCs show a higher propensity to engraft and maintain gene edits in a murine model than adeno-associated viruses (AAV)-edited HSPCs. These data highlight the strong potential of CssDNA as a universal and efficient non-viral DNA template for gene therapy applications.
The research was also presented as an oral presentation at the Homology-Directed Repair: The Path Forward Workshop in Sevilla on October 6, 2025.
Poster presentation:
Title: Comprehensive analysis of TALEB off-target editing
Presenter: Maria Feola, Ph.D., Senior Scientist, Team Leader Gene Editing at Cellectis
Date/Time: Thursday, October 9, 2025 from 2:00 p.m. to 3:30 p.m. CET
Poster number: P0506
TALE base editors (TALEB) are fusions of a transcription activator-like effector domain (TALE), split-DddA deaminase halves, and an uracil glycosylase inhibitor (UGI).
These recent additions to the genome editing toolbox can directly edit double strand DNA, converting a cytosine (C) to a thymine (T) through the formation of an uracil (U) intermediate without the need of DNA break. Base editing has great potential in therapeutic applications. However, being able to avoid potential off-target effects is key toward this goal.
To evaluate TALEB safety, Cellectis combined advanced bioinformatic predictions with multiple experimental approaches to investigate potential off-target effects in the nuclear genome of primary T cells.
The study found no evidence of biases towards off-site C-to-T editing at sites flanked by CTCF binding sites, a key DNA-binding protein that regulates genome organization and gene expression at genome wide level.
These results provide a strong framework for the safe development of TALEB in therapeutic cell engineering, supporting their potential for future nuclear and mitochondrial applications.
The poster presentations are now published on Cellectis’ website.
About Cellectis
Cellectis is a clinical-stage biotechnology company using its pioneering gene-editing platform to develop life-saving cell and gene therapies. The company utilizes an allogeneic approach for CAR T immunotherapies in oncology, pioneering the concept of off-the-shelf and ready-to-use gene-edited CAR T-cells to treat cancer patients, and a platform to develop gene therapies in other therapeutic indications. With its in-house manufacturing capabilities, Cellectis is one of the few end-to-end gene editing companies that controls the cell and gene therapy value chain from start to finish.
Cellectis’ headquarters are in Paris, France, with locations in New York and Raleigh, NC. Cellectis is listed on the Nasdaq Global Market (ticker: CLLS) and on Euronext Growth (ticker: ALCLS). To find out more, visit www.cellectis.com and follow Cellectis on LinkedIn and X.
TALEN® is a registered trademark owned by Cellectis.
Cautionary Statement
This press release contains “forward-looking” statements within the meaning of applicable securities laws, including the Private Securities Litigation Reform Act of 1995. Forward-looking statements may be identified by words such as “potential”, “can”, “future”. These forward-looking statements are based on our management’s current expectations and assumptions and on information currently available to management. Forward-looking statements include statements regarding the potential of our research and development programs. These forward-looking statements are made in light of information currently available to us and are subject to numerous risks and uncertainties, including with respect to the numerous risks associated with biopharmaceutical product candidate development. With respect to the sufficiency of cash, cash equivalent and fixed-term deposits to fund our operations, which we refer to as our runway, we note that our operating plans, including product development plans, may change as a result of various factors. Furthermore, many other important factors, including those described in our Annual Report on Form 20-F as amended and in our annual financial report (including the management report) for the year ended December 31, 2024 and subsequent filings Cellectis makes with the Securities Exchange Commission from time to time, which are available on the SEC’s website at www.sec.gov, as well as other known and unknown risks and uncertainties may adversely affect such forward-looking statements and cause our actual results, performance or achievements to be materially different from those expressed or implied by the forward-looking statements. Except as required by law, we assume no obligation to update these forward-looking statements publicly, or to update the reasons why actual results could differ materially from those anticipated in the forward-looking statements, even if new information becomes available in the future.
For further information on Cellectis, please contact:
Imperial Brands PLC (LSE:IMB) said it remains on course to meet its full-year targets, with steady growth across both traditional tobacco and newer nicotine products, and announced a fresh £1.45 billion share buyback for the 2026 financial year.
The maker of Davidoff and Lambert & Butler cigarettes said trading this year had been in line with expectations, supported by “strong combustible pricing”.
It also pointed to another year of double-digit growth in its next-generation product business, which includes vapes and heated tobacco.
The company expects to make market share gains in the United States, Germany and Australia, which will broadly offset declines in Spain and the UK.
Group adjusted operating profit is forecast to rise at a similar pace to last year, while earnings per share are expected to show high single-digit growth, helped by the ongoing share repurchase scheme.
Foreign exchange rates are expected to provide a modest drag, reducing reported earnings by around 2.5% to 3%. The company said cash generation remains strong and that debt levels should stay at the lower end of its target range of two to two-and-a-half times earnings.
Imperial is nearing the end of a five-year turnaround plan launched in 2021 to make the group leaner and more consumer-focused. It said the performance this year “provides a strong foundation” as it moves into the next stage of its strategy to 2030.
As part of that plan, the group is reviewing the future of its cigarette factory in Langenhagen, Germany, which could be sold or closed. Costs linked to the process are already included in existing forecasts.
Alongside the new buyback, Imperial has already lifted its annual dividend by 4.5% to 160.32 pence a share, paid quarterly.
The company expects total shareholder returns, including dividends and buybacks, to exceed £2.7 billion in the coming year, equivalent to about 11% of its current market value.
2025-10-07 06:553mo ago
2025-10-07 02:453mo ago
Telia Lietuva is reducing the number of managers and merging some units
Telia Lietuva, AB (hereinafter “Telia Lietuva” or “the Company”) continues to streamline its operations and changes its management structure. As of 1 November 2025, the Company’s Technology and Digital Transformation as well as Legal and Personnel units will be merged, and will be led by Vygintas Domarkas and Daiva Kasperavičienė.
The current organizational structure of Telia Lietuva consisted of ten units with assigned managers. From 1 November 2025, the structure will become simpler – with eight units’ managers and closer cooperation between teams.
Andrius Šemeškevičius, the current Head of Technology, will work at Telia Lietuva till the beginning of 2026 and will ensure business continuity. Later he will continue his career outside the Company. The current Head of People and Culture, Ramūnas Bagdonas, from 1 November 2025 will become Head of People and Culture of Technology unit at Telia Company Group. He will also continue to lead the personnel team at Telia Global Services Lithuania, a subsidiary of Telia Company in Lithuania.
“With these changes, we aim to further streamline operations, make faster decisions, and more effectively focus resources where our clients need them most. Reducing the number of managers is not related to their personal performance, it is a simplification of our structure and a message to the entire organization that efficiency must start at the top,” said Giedrė Kaminskaitė-Salters, CEO of Telia Lietuva and Vice President at Telia Company, responsible for the Baltics.
She notes that thanks to Andrius Šemeškevičius, Lithuania became one of the first in Europe to launch 5G and expanded the network across the country in record time. “With the help of Andrius and the business customers’ teams, our information and communication technology (ICT) services have become one of the strongest in the country’s market. He was a key pillar of Telia's technological innovation, and his values-based leadership model will be continued by a strong team of network experts. Equally important is Ramūnas Bagdonas' contribution to creating an open, professional and diverse organizational culture. Thanks to these initiatives, Telia has been among the most attractive employers in Lithuania for number of years in a row, and Ramūnas' experience and inspiration will continue to be useful to the entire Group's Technology team,” emphasized G. Kaminskaitė-Salters.
The new Technology and Digital Transformation Unit will be temporarily led by the current Head of Digital Transformation, Vygintas Domarkas, until an internal leadership selection process is underway. The combined Legal and People and Culture teams will be led by Daiva Kasperavičienė, the current Head of Legal and Corporate Affairs.
Darius Džiaugys,
Head of Investor Relations,
tel. +370 5 236 7878,
e-mail: [email protected]
2025-10-07 06:553mo ago
2025-10-07 02:463mo ago
AstraZeneca's baxdrostat hits key goal in major blood pressure trial
AstraZeneca PLC (LSE:AZN, NASDAQ:AZN) said its experimental drug baxdrostat met the main target in a late-stage study for patients with resistant hypertension.
Specifically, it showed a “statistically significant and highly clinically meaningful” reduction in blood pressure compared with a placebo.
In simple terms, it means the drug clearly lowered blood pressure more than dummy pills, and the drop was big enough to make a real difference to patients’ health.
The 12-week Bax24 trial tested a 2mg dose of baxdrostat in patients whose blood pressure remained high despite taking several medicines.
Those given the drug recorded a greater drop in average systolic blood pressure, the top number in a reading, over 24 hours. The benefit was seen throughout the day, including early morning, when heart attacks and strokes are more common.
Baxdrostat, which is taken once daily, was generally well tolerated, and its safety record matched earlier studies. The treatment works by blocking aldosterone, a hormone that raises blood pressure by causing the body to retain salt and water.
Dr Bryan Williams of University College London, who led the study, called the results "groundbreaking".
Sharon Barr, AstraZeneca’s head of biopharmaceutical research, said the data reflected the drug’s long-lasting effect and “highly selective inhibition of aldosterone synthase”.
She added that the company was “advancing our regulatory filings and rapidly progressing our clinical development programme” for baxdrostat across other conditions, including kidney disease and heart failure prevention.
Hypertension, or high blood pressure, affects an estimated 1.4 billion people worldwide.
About half of patients taking multiple drugs still fail to get it under control, which raises their risk of heart disease, stroke and kidney problems.
The results from the Bax24 study will be shared with regulators and presented at the American Heart Association conference in November.
AstraZeneca acquired baxdrostat in 2023 through its purchase of US biotech firm CinCor Pharma.
2025-10-07 05:553mo ago
2025-10-07 00:283mo ago
Plume Wins SEC Green Light for Tokenized Securities Push
PLUME token surges 31% after SEC approval, reflecting strong market reactionMove could reshape U.S. token markets and spur institutional adoptionTokenized assets soar 700% year-over-year to $30 billion globallyThe US Securities and Exchange Commission (SEC) formally approved Plume (PLUME) as a registered transfer agent for tokenized securities on October 6, marking a major milestone in the shift toward regulated blockchain markets.
The announcement sparked a sharp market rally, with PLUME’s price jumping 31% before settling at $0.12. Analysts say the decision highlights a growing effort to merge blockchain innovation with US financial oversight.
Sponsored
Sponsored
Plume Secures Key SEC ApprovalAs a transfer agent, Plume can now handle shareholder records, trades, and dividend payments directly on-chain. The registration connects its infrastructure with the SEC and the Depository Trust & Clearing Corporation (DTCC), integrating compliance into the digital asset ecosystem.
Plume Price Performance. Source: BeInCryptoTransfer agents have long been vital to maintaining shareholder data and processing ownership changes. Plume’s blockchain-native system automates these duties and offers real-time audit visibility.
“Regulated on-chain reporting is no longer theoretical — it’s operational,” said Plume co-founder Chris Yin. “We built this framework to integrate digital and traditional finance without friction.”
The company said it has already onboarded over 200,000 real-world asset holders and facilitated more than $62 million in tokenized assets through its Nest platform within three months.
Sponsored
Sponsored
The registration, it added, represents a foundation for aligning blockchain infrastructure with US securities law.
Regulatory Shift Could Reshape Token MarketsThe SEC’s approval underscores a broader regulatory turn toward treating blockchain as viable market infrastructure. It follows joint SEC–CFTC discussions and the CFTC’s $15 billion tokenized collateral pilot launched last month.
Observers say Plume’s achievement could push other tokenization firms to seek similar recognition, speeding up institutional entry into digital securities. The SEC’s nod may also assure custodians and broker-dealers that blockchain processes can function safely under federal frameworks.
Economists say integrating blockchain into official settlement systems could cut processing times by up to 70%, lower operational costs, and improve transparency across asset lifecycles. It could also open routes for tokenized funds, ETFs, and private credit vehicles to meet compliance faster.
Plume CEO Chris Yin stressed that regulatory alignment is essential for scaling real-world assets, saying, “Compliance and transparency are not limitations—they’re the foundation of institutional adoption,” in a post on X this February.
Plume is for the people.
I've said it before and I'll say it again — almost all RWA projects are TradFi ppl trying to do Trad things onchain
Not us. We are focused on building a new financial system that allows everybody — from the largest financial institutions to… https://t.co/s9l2QcbHf6
— Chris Yin (@chriseyin) February 5, 2025
The approval also places the US alongside Europe and Asia, where regulators have advanced tokenized securities rules. With global tokenized assets topping $30 billion — a 700% rise since early 2023 — analysts say regulated transfer agents like Plume could bridge issuers, asset managers, and investors in a fully compliant on-chain ecosystem.
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.
The $2.99 floor held on repeated defenses, leaving price boxed between $2.99 and $3.05 while ETF deadlines and rate speculation loom.Updated Oct 7, 2025, 4:58 a.m. Published Oct 7, 2025, 4:56 a.m.
XRP spiked to $3.05 on doubled turnover before fading into consolidation, with whales offloading more than $300M as institutional desks repositioned ahead of a pivotal Fed decision.
The $2.99 floor held on repeated defenses, leaving price boxed between $2.99 and $3.05 while ETF deadlines and rate speculation loom.
News BackgroundXRP gained 3% in the 24 hours to Oct. 7, trading between $2.97 and $3.05 before closing near $2.99. The move was driven by a surge in institutional flows — over 1.5B tokens transacted — and whale disposals exceeding $300M.
Macro catalysts dominated sentiment. Markets now price a 96% chance of a Fed rate cut on Oct. 29, while 70+ ETF applications, including seven for XRP, face SEC deadlines starting Oct. 19.
STORY CONTINUES BELOW
Price Action SummaryXRP’s session range spanned $0.08 (3%), from $2.97 low to $3.05 high.Afternoon rally lifted price from $3.00 to $3.04 on 137M turnover, nearly 2x the daily average.Repeated rejection at $3.04–$3.05 confirmed resistance.Price consolidated around $2.99, where buyers stepped in multiple times.A late flush to $2.981 was absorbed quickly, with volume spikes of 2.2M creating a short-term floor.Technical AnalysisResistance remains entrenched at $3.04–$3.05, where heavy selling capped the advance. Support is validated at $2.99, reinforced by multiple retests and absorption of intraday liquidation flows. The price structure suggests accumulation at the $2.99 base, with a potential bullish continuation if momentum can retake $3.03 and challenge $3.05. Breakout through this resistance could set up targets toward $3.10, though macro catalysts remain the dominant driver.
What Traders Are Watching?Whether $2.99 holds as a firm support base under continued whale distribution.If institutional positioning sustains momentum into the Oct. 19 SEC ETF deadlines.Market reaction to Fed policy signals — a cut could lift flows across risk assets.Confirmation of breakout above $3.05 to unlock the next leg toward $3.10–$3.12.More For You
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
More For You
India to Introduce RBI-Backed Digital Currency For Faster Transactions: Report
6 minutes ago
The new offering will leverage blockchain technology for faster and safer transactions, minister Piyush Goyal said.
What to know:
India is set to launch a digital currency backed by the Reserve Bank of India for seamless and secure transactions, according to Union Minister Piyush Goyal.The new digital currency will utilize blockchain technology to ensure faster and more transparent transactions, similar to stablecoins in the U.S.India's government remains cautious about cryptocurrencies not backed by sovereign, such as bitcoin.Read full story
2025-10-07 05:553mo ago
2025-10-07 00:593mo ago
Grayscale Enables Ethereum ETF Staking for U.S. Investors
Grayscale introduces staking for U.S.-listed Ethereum ETFs.First-ever staking in U.S. spot crypto ETFs under the 1933 Act.Ethereum’s market dynamics are closely observed by investors and analysts.
Grayscale Investments has enabled staking for its Ethereum ETFs in the U.S., marking a pioneering move in American crypto investment on October 7, as confirmed by on-chain analyst Yu Jin.
This initiative represents a significant step in institutional crypto adoption, potentially influencing Ethereum’s recent price rebound and highlighting evolving market dynamics for traditional investment vehicles.
Grayscale Launches First-Ever Staking for U.S. Spot Crypto ETFs
Grayscale Investments, a leading digital asset manager in the U.S., has started offering staking for its Ethereum Trust (ETHE) and Ethereum Mini Trust ETFs. These are the first U.S.-listed spot crypto ETFs to provide staking directly within their product framework. Grayscale now allows staking within these ETFs, ushering a new milestone in institutional adoption of Ethereum staking. This initiative reflects a growing trend in incorporating staking features in traditional financial products. Grayscale’s Ethereum ETFs manage over “8.13 billion dollars” in assets, offering investors direct reward payouts or reflecting profit in their shares.
Although there is no direct evidence linking recent Ethereum price rebounds to this announcement, the introduction of staking might influence market sentiment. Regulatory bodies such as the SEC have not issued any specific remarks but continue allowing staking operations under specific conditions. Investors and analysts are keenly observing potential impacts on Ethereum’s market dynamics.
“This is a groundbreaking moment for institutional investors as we enable staking directly within our spot ETFs, allowing investors to earn rewards seamlessly.” – Michael Sonnenshein, CEO, Grayscale Investments
Ethereum Price Surges Amidst Staking Launch: An Analysis
Did you know? Grayscale’s launch of staking capability in its ETFs marks the first time a 1933 Act U.S. spot crypto ETF offers staking, distinguishing it from earlier ETF structures.
As of October 7, 2025, Ethereum (ETH) is priced at $4,717.03 with a market cap of “569.36 billion dollars”, accounting for 13.30% market dominance, according to CoinMarketCap. Over the last 24 hours, its trading volume hit “43.73 billion dollars”, showing a 9.15% rise, while the price appreciated by 4.13%. The 90-day price increase is 81.32%, demonstrating significant growth.
Ethereum(ETH), daily chart, screenshot on CoinMarketCap at 04:54 UTC on October 7, 2025. Source: CoinMarketCap
The Coincu research team indicates that the evolution of staking in institutional products could propel further integration of blockchain in mainstream finance. Ethereum’s staking offerings provide a template for potential regulatory and financial models, supporting broader cryptocurrency adoption.
DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.
Key Takeaways
Will institutional demand fuel BTC in Q4?
Analysts expect BTC to surge above $130k in Q4.
What’s the inherent risk to the expected rally?
Whales’ profitability hit a cycle high of $10 billion and could raise the risk of sell-offs.
Bitcoin [BTC] hit a new all-time high of $125.7k over the weekend, thanks to several catalysts.
One of the factors behind the same was the massive demand from U.S Spot BTC ETFs. Last week, the products attracted $3.24 billion in Weekly Net Inflows. This highlighted an aggressive spot market-driven rally.
Source: Glassnode
The recovery lifted the altcoin sector too. However, this recovery wasn’t too last as the market corrected slightly soon after.
At press time, BTC had dipped slightly to $124.5k. Among large caps, Binance [BNB] was an outlier after rallying by about 6% in 24 hours and by over 23% in the last seven days.
Source: CoinMarketCap
Ethereum [ETH] pumped by about 12% over the 7-day period, nearly the same as BTC’s gains. Solana [SOL] and Dogecoin’s [DOGE] gains were tied at 13%, while XRP posted a recovery of 5%.
Will ‘debasement trade’ rally it higher?
Now, with the Uptober rally in full throttle, some analysts are suggesting that the uptrend could extend itself
According to JP Morgan analysts, the long-term inflation and U.S fiscal debt risk could favor gold and Bitcoin. In fact, they are calling it the ‘debasement trade.’
The year-end price target for Bitcoin among banks further seemed to reinforce the bullish outlook in Q4 and Q1 2026.
Citigroup has already issued a $133k target while JP Morgan and Standard Chartered expect the crypto to tag $165k and $200k, respectively.
Options traders have also been positioning themselves around the aforementioned targets. There seemed to be significant call buying (bullish bets) around the $130k, $180k and $150k strike prices for Q4.
However, it’s worth pointing out that these players are also heavily hedging against a correction to $85k (puts buying, massive red bar).
Source: CoinGlass
Simply put, speculators have been betting that BTC could mount above $130k in the next few weeks, with a potential price floor of $85k.
Even so, the new ATH has increased whales’ unrealized profits to a record level of $10 billion. This could increase the risk of profit-taking and derail the potential rally. In fact, some like analyst Will Clemente expect a dip, before the rally goes any higher.
Source: CryptoQuant
To put it simply, the Uptober rally has prompted Options traders to eye a potential extension of BTC’s uptrend above $130k. However, the rising risk of whale sell-offs may be worth tracking for the market’s bulls.
2025-10-07 05:553mo ago
2025-10-07 01:003mo ago
Bitcoin, Ethereum Lead Record $5.95 Billion Inflows Into Crypto Funds
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure
Crypto investment vehicles have seen a record $5.95 billion in inflows. Here’s how flows have broken down between Bitcoin, Ethereum, and others.
US Funds Led The Latest Record Crypto Market Inflows
In its latest weekly report on digital asset fund flows, CoinShares has shared the latest data related to cryptocurrency investment fund netflows for the past week. The investment funds here include not just the US spot exchange-traded funds (ETFs), but also other vehicles like CoinShares’ own XBT Provider, an exchange-traded product (ETP).
Digital asset investment products like ETFs allow investors in the traditional market to gain exposure to Bitcoin and other coins without having to directly own tokens on the blockchain. Since the US SEC approved the BTC spot ETFs last year, these vehicles have grown to be a cornerstone of the sector, attracting demand from investors who had previously stayed away due to digital asset exchanges and wallets being unfamiliar.
Last week was a milestone one for digital asset investment funds, as the market witnessed net inflows of a whopping $5.95 billion, a new record.
The weekly crypto fund flows for 2025 | Source: CoinShares
In terms of flows by country, the US products dominated with around $5 billion in net inflows. Switzerland and Germany followed with $563 million and $312 million in positive flows, respectively.
The breakdown of the flows by provider | Source: CoinShares
From the above table, it’s visible that the US-based BlackRock’s iShares ETFs saw the strongest inflows at $2.5 billion. Fidelity’s Wise Origin Bitcoin Fund came second at $692 million.
When it comes to individual assets, Bitcoin-related products were at the top of the sector, gathering an all-time high (ATH) inflows of $3.55 billion.
How BTC, ETH, and other cryptocurrencies compared in the latest round of flows | Source: CoinShares
These massive capital injections into BTC investment vehicles have come as the cryptocurrency’s price has rallied to a new ATH. Ethereum, which also saw a surge last week, witnessed almost $1.5 billion in inflows.
Solana and XRP products set notable records of their own at $706 million and $219 million, respectively. Though, while these two altcoins saw this attention, others like Litecoin and Cardano only gained minimal net inflows.
As for what was behind the record-setting week for digital asset funds, CoinShares noted in the report:
We believe this was due to a delayed response to the FOMC interest rate cut, compounded by very weak employment data, as indicated by Wednesday’s ADP Payroll release, and concerns over US government stability following the shutdown.
It now remains to be seen how flows related to ETFs and other investment vehicles will develop this week, particularly in the context of Bitcoin already having reached a new ATH.
BTC Price
Bitcoin touched $125,700 over the weekend, but its price has since seen a small decline to $124,500.
Looks like the price of the coin has been climbing up over the last few days | Source: BTCUSDT on TradingView
Featured image from Dall-E, CoinShares.com, 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 05:553mo ago
2025-10-07 01:003mo ago
XRP Surges to $3 But Faces $950M Sell Pressure: Can Bulls Push Toward $4 Next?
XRP roared back above $3.00 in early Asian trading, reclaiming key psychological support as Bitcoin’s march to fresh highs energized altcoin flows.
But the move comes with a caveat: on-chain trackers flagged 320 million XRP ($950Million) moving onto exchanges over the past week, an overhang that could test buyers’ resolve as price approaches a crowded resistance band.
With ETF chatter heating up and Ripple’s banking ambitions in motion, the next leg hinges on whether bulls can absorb supply and force a clean breakout toward $4.00.
Bitcoin Tailwinds, XRP ETF Buzz, and Banking Ambitions
Momentum spilled over from Bitcoin’s surge above $125K, historically a favorable backdrop for large-cap alts like XRP.
Traders also point to seven active spot XRP ETF filings slated for October decision windows, potentially binary catalysts for Q4, and Ripple’s application for a U.S. OCC banking license, which, if approved, could bolster institutional-grade custody, settlement, and on-chain liquidity services.
In parallel, Asia hours showed persistent accumulation signals earlier in the week, with whale-linked wallets snapping up dips around $2.95–$3.00.
XRP's price trends to the upside on the daily chart. Source: XRPUSD on Tradingview
$3.10–$3.30 Is the Battleground; $4.00–$4.20 on Break
Technically, XRP’s structure retains a bullish tilt. Price is holding a fresh base around $2.95–$3.00, with the 50-day SMA near $2.93 and Parabolic SAR support around $2.74 cushioning downside.
A multi-month symmetrical triangle from July looms overhead. Traders are watching a daily close above $3.12–$3.30 to validate breakout conditions. Clear that band on strong volume, and models point to $3.38 to $3.67 then $3.95, with extensions into the $4.00–$4.20 zone if momentum accelerates.
Indicator-wise, RSI 54 leaves headroom before overbought, while a pending MACD bullish cross supports continuation. Derivatives are leaning constructive too, with open interest up 4% to $8.9B, signaling growing participation.
The $950M Question: Can Bulls Absorb Supply?
The main risk lies in renewed supply pressure, as exchange balances climbed from 3.45 billion to 3.85 billion XRP between September 26 and October 5, while ‘Age Consumed’ spikes suggest that some long-term holders have joined in profit-taking.
If those tokens rotate into asks, bulls must defend $3.00 / $2.93 to prevent a drift toward $2.85–$2.75. Conversely, a swift soak of offers at $3.10–$3.30 would signal depth and likely trigger trend-following flows.
Cover image from ChatGPT, XRPUSD chart from Tradingview
2025-10-07 05:553mo ago
2025-10-07 01:083mo ago
Dogecoin (DOGE) Turns Higher – Is This The Beginning Of A Stronger Recovery?
Dogecoin started a fresh increase above the $0.250 zone against the US Dollar. DOGE is now consolidating and might aim for more gains above $0.270.
DOGE price started a fresh upward move above $0.250 and $0.2550.
The price is trading above the $0.2550 level and the 100-hourly simple moving average.
There is a bullish trend line forming with support at $0.2580 on the hourly chart of the DOGE/USD pair (data source from Kraken).
The price could aim for more gains if it remains stable above $0.2550.
Dogecoin Price Turns Green
Dogecoin price started a fresh increase after it settled above $0.2350, like Bitcoin and Ethereum. DOGE climbed above the $0.250 resistance to enter a positive zone.
The bulls were able to push the price above $0.260 and $0.2620. A high was formed at $0.2701 and the price is now consolidating gains near the 23.6% Fib retracement level of the recent wave from the $0.2507 swing low to the $0.2701 high.
Dogecoin price is now trading above the $0.260 level and the 100-hourly simple moving average. Besides, there is a bullish trend line forming with support at $0.2580 on the hourly chart of the DOGE/USD pair.
Source: DOGEUSD on TradingView.com
If there is another increase, immediate resistance on the upside is near the $0.270 level. The first major resistance for the bulls could be near the $0.2720 level. The next major resistance is near the $0.280 level. A close above the $0.280 resistance might send the price toward $0.2880. Any more gains might send the price toward $0.2920. The next major stop for the bulls might be $0.30.
Pullback In DOGE?
If DOGE’s price fails to climb above the $0.270 level, it could start a downside correction. Initial support on the downside is near the $0.2650 level. The next major support is near the $0.2580 level and the trend line.
The main support sits at $0.250. If there is a downside break below the $0.250 support, the price could decline further. In the stated case, the price might slide toward the $0.2320 level or even $0.2250 in the near term.
Technical Indicators
Hourly MACD – The MACD for DOGE/USD is now gaining momentum in the bullish zone.
Hourly RSI (Relative Strength Index) – The RSI for DOGE/USD is now above the 50 level.
Major Support Levels – $0.2580 and $0.2550.
Major Resistance Levels – $0.2700 and $0.2720.
2025-10-07 05:553mo ago
2025-10-07 01:103mo ago
MetaMask Confirms $30M Rewards Program, Links to Future Token
MetaMask's rewards initiative aims to boost activity on Consensys’ Linea network and integrate its mUSD stablecoin.Updated Oct 7, 2025, 5:10 a.m. Published Oct 7, 2025, 5:10 a.m.
MetaMask confirmed over the weekend in a post on X that it will roll out a new onchain rewards program in the coming weeks, setting aside more than $30 million in Linea tokens for its first season.
The wallet app described the initiative as “one of the largest onchain rewards programs ever built,” while stressing it is “not a farming play” but a way to “regularly give back” to users.
gm foxes 🦊
Yes, a rewards program is on the way. 👀
Any of the details you've previously seen/heard are not indicative of what is to actually launch. Let's talk a little bit about what the actual MetaMask Rewards program WILL be.
This program will yield referral rewards, mUSD…
— MetaMask.eth 🦊 (@MetaMask) October 4, 2025 STORY CONTINUES BELOW
Rewards will include referral bonuses, mUSD incentives, exclusive partner rewards, token access and other perks, MetaMask said.
Long-time users will receive special benefits, with the program explicitly connected to the long-anticipated MetaMask token.
“OGs will not be ignored,” the team wrote, hinting at allocations for early adopters.
Linea is Consensys’ in-house Ethereum layer-2 network, launched in September with a 9.4 billion token airdrop. Allocating $30 million in Linea for MetaMask Rewards ties two flagship projects together, effectively using MetaMask’s reach to bootstrap activity on the new rollup.
MetaMask’s mUSD stablecoin, issued by Stripe-owned Bridge, also launched last month and now has a circulating supply near $88 million.
With rewards tied partly to mUSD, the program is designed to create incentives across wallet, stablecoin and layer-2 infrastructure.
MetaMask has not clarified whether certain jurisdictions will be excluded or if anti-Sybil rules will be enforced, an important detail given the track record of rewards programs being gamed by farmers.
More For You
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
More For You
India to Introduce RBI-Backed Digital Currency For Faster Transactions: Report
15 minutes ago
The new offering will leverage blockchain technology for faster and safer transactions, minister Piyush Goyal said.
What to know:
India is set to launch a digital currency backed by the Reserve Bank of India for seamless and secure transactions, according to Union Minister Piyush Goyal.The new digital currency will utilize blockchain technology to ensure faster and more transparent transactions, similar to stablecoins in the U.S.India's government remains cautious about cryptocurrencies not backed by sovereign, such as bitcoin.Read full story
2025-10-07 05:553mo ago
2025-10-07 01:183mo ago
Exclusive: Bitcoin and Gold Converge in Record-Breaking Rally, Expert Explains Why
The crypto and commodities markets lit up over the weekend as both Bitcoin and gold hit fresh all-time highs. Bitcoin surged past $125,000 for the first time on October 5, pushing its market cap above $2.5 trillion, while gold climbed to a record $3,976 per ounce on October 7, nearing the critical $4,000 mark.
The rally came during a tense period marked by government shutdown concerns and broader economic unease. Despite the turbulence, both assets saw massive inflows, with more than $80 billion worth of crypto shorts liquidated as traders rushed to cover their positions.
Even with no major new purchases from big players like Michael Saylor’s MicroStrategy last week, Bitcoin’s continued rise shows strong community support and increasing institutional participation. Gold’s rally is equally remarkable as the metal has gained nearly 47% year-to-date.
Experts See Convergence Between Bitcoin and GoldIn an interview with Coinpedia, Juan Leon, Senior Strategist at Bitwise, said Bitcoin’s volatility is now converging with gold’s—a sign that the cryptocurrency is maturing as an asset.
According to Leon, this change carries three major implications:
Reduced Speculation: Lower volatility shows that short-term traders are giving way to long-term holders.Institutional Appeal: A steadier Bitcoin is more suitable for large funds, pensions, and endowments that prioritize capital preservation.Store of Value Strength: As volatility falls, Bitcoin becomes a more reliable hedge against inflation and currency debasement.“The convergence of Bitcoin’s volatility with that of gold is a critical indicator of its maturation as an asset. For professional investors, this trend has several key implications for its role as a store of value,” Leon said.
As gold and Bitcoin continue to climb together, one thing is clear—investors are rethinking what it means to own “safe-haven” assets in a rapidly changing financial world.
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.
Sponsored and Advertisements:Sponsored content and affiliate links may appear on our site. Advertisements are marked clearly, and our editorial content remains entirely independent from our ad partners.
2025-10-07 05:553mo ago
2025-10-07 01:213mo ago
BlackRock's Bitcoin ETF Out-Earns 25-Year-Old S&P 500 Fund in Less Than 2 Years
BlackRock’s iShares Bitcoin Trust (IBIT) has become its top-earning ETF, generating $244.5 million annually.Bitcoin ETFs collectively attracted $1.19 billion in a single day on October 6, the largest daily inflow of 2025.The ETFs' record performance comes amid Bitcoin’s broader rally, as BTC gained nearly 9% in a week.The iShares Bitcoin Trust ETF (IBIT) has become BlackRock’s most profitable exchange-traded fund (ETF) in terms of annual revenue.
Despite launching less than 2 years ago, the spot Bitcoin ETF has outpaced longstanding traditional funds. This reflected a surge in demand for regulated cryptocurrency exposure amid Bitcoin’s (BTC) record-breaking price rally.
Sponsored
Sponsored
BlackRock’s Bitcoin ETF Becomes Its Most Profitable Fund Ever In a recent post on X, Bloomberg’s senior ETF analyst, Eric Balchunas, pointed out that IBIT has generated $244.5 million in annual revenue for BlackRock. The fund has already out-earned every long-established iShares ETFs.
This includes surpassing the Core S&P 500 ETF (IVV), which is 25 years old and manages nearly seven times more assets.
$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
BlackRock earns money from IBIT by charging a 0.25% management fee on the fund’s total assets under management (AUM), which currently stands at $97.8 billion. Balchunas also added that the product is just ‘a hair away from $100 billion,’ with only about $2.2 billion left to go.
He highlighted the fund’s remarkable growth by comparing it to other major ETFs, pointing out that the Vanguard S&P 500 ETF (VOO) reached $100 billion in assets under management after 2,011 days.
Meanwhile, IBIT is close to accomplishing the same feat even though it has been in the market for less than 2 years, making it one of the fastest-growing ETFs ever.
“World’s largest ETF, Vanguard S&P 500 ETF, took 2,000+ days to hit that mark. IBIT about to do it in < 450 days. Easily fastest ever. First ETF launched in 1993, so we’re talking 30+yrs of history,” Nate Geraci added.
Sponsored
Sponsored
Fastest Growing ETFs to Reach $100 billion. Source: X/EricBalchunasBitcoin ETF Inflows Hit Record Highs in Uptober Meanwhile, the growing enthusiasm around IBIT comes as Bitcoin and spot Bitcoin ETFs continue to post record highs during what the crypto community calls ‘Uptober.’ Last week, Bitcoin ETFs saw $3.2 billion in net inflows.
This represented the largest weekly inflow of 2025 and the second-highest on record. BlackRock’s IBIT accounted for the lion’s share, attracting $1.78 billion in inflows.
Bitcoin hit ATHs last night after the ETFs went wild last week with +$3.3b in a week, $24b for year (also notable $IBIT and $ETHA w $10b for month, rank 3rd and 4th overall) and now $60b lifetime (new high water mark). Pretty good. No way @WhalePanda can still be pissed, right? pic.twitter.com/xHH3yjp4U7
— Eric Balchunas (@EricBalchunas) October 5, 2025
Even on October 6, Bitcoin ETFs recorded $1.19 billion in net inflows — the first billion-dollar day since July and the largest single-day inflow of 2025. According to SoSoValue data, of that amount, $969.95 million came from BlackRock’s IBIT, reinforcing its dominance as the largest Bitcoin ETF
So far in October, total inflows have reached $2.29 billion in just six days, compared to $3.53 billion total in September, suggesting this month could become one of the strongest yet for Bitcoin ETFs.
These inflows come amid Bitcoin’s latest price rally. As BeInCrypto previously reported, the leading cryptocurrency broke above $125,000 over the weekend and surpassed $126,000 shortly afterward to reach a new all-time high.
Bitcoin (BTC) Price Performance. Source: BeInCrypto MarketsBeInCrypto Markets data showed that at the time of writing, BTC traded at $124,569, up nearly 9% over the past week. This reflects strong market momentum supported by massive institutional inflows.
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 05:553mo ago
2025-10-07 01:233mo ago
Ondo Finance Seals Oasis Pro Deal, Gains SEC Broker and Trading Licenses
Ondo Finance finalizes Oasis Pro acquisition, unlocking full SEC-registered digital asset licenses for tokenized markets.
The deal gives Ondo control of broker-dealer, ATS, and transfer agent operations for regulated tokenized securities.
Oasis Pro’s infrastructure brings compliant trading for tokenized equities, debt, and structured products to Ondo’s platform.
With $1.6B in tokenized assets, Ondo now aims to lead the $18 trillion market for tokenized securities by 2033.
Ondo Finance has completed its acquisition of Oasis Pro, marking a key move in its plan to develop regulated tokenized markets in the United States.
The purchase includes Oasis Pro’s SEC-registered broker-dealer, alternative trading system, and transfer agent licenses. This gives Ondo one of the broadest sets of regulatory approvals in the U.S. for digital asset services.
The deal positions the firm to bridge blockchain technology with traditional capital markets as adoption of real-world asset tokenization accelerates. According to an official statement posted by Ondo Finance on X, the integration sets the stage for a new chapter in compliant digital finance.
Ondo Expands Regulated Market Reach
Through this deal, Ondo gains the regulatory and technical framework to issue, manage, and trade tokenized securities under U.S. law.
Oasis Pro’s infrastructure adds a full-stack engine for asset tokenization, a digital transfer agent solution, and an operational secondary trading system. The company can now handle both public and private tokenized securities, using either fiat or stablecoins.
1/ Ondo Finance has completed its purchase of Oasis Pro, including its SEC-registered digital assets broker-dealer, alternative trading system (ATS), and transfer agent (TA) licenses.
This provides the Ondo Finance group with the most comprehensive set of SEC registrations for… pic.twitter.com/vaLjJZ5QAv
— Ondo Finance (@OndoFinance) October 6, 2025
Oasis Pro’s licenses also allow trading of traditional NMS securities, corporate debt, and structured products, among others. This gives Ondo the tools to support complex financial instruments on blockchain while staying compliant with existing U.S. securities regulations.
The expanded coverage now includes closed-end mutual funds, REITs, and asset-backed securities.
Executives said the acquisition strengthens Ondo’s foundation for creating regulated tokenized investment products. With this, the firm can develop secure, compliant channels for investors seeking exposure to blockchain-based securities.
Building a Full-Scale Tokenized Finance Ecosystem
Oasis Pro, founded in 2019, was among the first SEC-regulated platforms to enable settlement of digital securities in both fiat and stablecoins such as USDC and DAI.
It operates as a FINRA member broker-dealer and Alternative Trading System, alongside an SEC-registered Transfer Agent. Its infrastructure has supported compliant digital trading solutions for institutional clients and contributed to FINRA’s ongoing crypto regulatory initiatives.
Now part of Ondo’s group, this infrastructure provides a base for expanding access to tokenized investments.
Ondo, already managing over $1.6 billion in tokenized assets, plans to use these licenses to broaden its offerings for both institutional and retail investors. This move places the company ahead in a tokenization market projected to exceed $18 trillion by 2033.
The company said its priority is to deliver transparency, compliance, and accessibility in tokenized finance. According to the official announcement, the acquisition helps Ondo establish one of the most comprehensive regulated ecosystems for digital assets in the United States.
2025-10-07 05:553mo ago
2025-10-07 01:243mo ago
Bitcoin Edges Out Gold As Store Of Value For Younger Emerging Market Investors: VanEck's Sigel
VanEck's Matthew Sigel said younger investors in emerging markets now prefer Bitcoin over gold as a store of value, a shift that could imply a price of $644,000 per coin.
2025-10-07 05:553mo ago
2025-10-07 01:293mo ago
Fedwire & SWIFT Upgrades Set Stage for XRP, Hedera, and Stellar Boom with $3.15 Acting as the Trigger Point
XRP Heating Up Again: Breakout Above $3.15 Could Ignite Surge Toward $3.50According to CryptoCeek, XRP is regaining market attention as it consolidates just below the crucial $3 resistance. The analyst notes that tightening price action and strengthening on-chain momentum, signs that a major breakout could be imminent.
Source: CryptoCeekTrading at $2.99, XRP has been consolidating tightly for weeks, forming a “spring-loaded” setup beneath key resistance. Such compression phases often precede sharp moves, and with sentiment leaning bullish, traders are watching for a potential breakout.
CryptoCeek highlights $3.15 as the key breakout level for XRP. A decisive close above it could ignite a run toward $3.50 and beyond. Momentum remains strong, with RSI climbing yet not overextended, signaling ample room for further gains if buying pressure intensifies.
Beyond technicals, macro catalysts are fueling XRP’s momentum. Rising institutional adoption of blockchain payments and global upgrades to real-time settlement systems are reinforcing XRP’s core utility.
XRP, HBAR, and XLM Lead the Charge Ahead of 2025 Fedwire & SWIFT UpgradesAccording to renowned market analyst X Finance Bull, ISO 20022-compliant cryptocurrencies, XRP, Hedera (HBAR), and Stellar (XLM), are positioning ahead of the next major ETF wave.
As global payment networks like Fedwire and SWIFT prepare for major 2025 upgrades, these assets are emerging as key pillars in the modernization of cross-border finance and real-time settlement systems.
ISO 20022 is rewriting the rules of global payments — unlocking faster, smarter, and more secure transactions. With full compliance, XRP, HBAR, and XLM are positioned to lead the next wave of blockchain-finance integration.
While investors fixate on Bitcoin and Ethereum ETFs, the next institutional wave may favor utility-focused, ISO 20022-compliant networks. XRP, HBAR, and XLM are already leading this shift.
Therefore, these three networks share a unified mission, connecting traditional finance with the decentralized future.
XRP is solidifying its role in global payments after Ripple’s legal win in the U.S., Hedera is driving enterprise-grade, eco-efficient blockchain innovation with backing from giants like Google and IBM, and Stellar continues to lead in remittances and financial inclusion across emerging markets.
Notably, the alignment of ISO 20022 assets with upcoming Fedwire and SWIFT payment upgrades could signal a pivotal shift for digital assets in institutional finance.
As a result, X Finance Bull predicts that once these integrations roll out, adoption of blockchain-based settlement systems will accelerate, potentially igniting fresh ETF demand and institutional inflows into utility-driven cryptos.
ConclusionXRP’s consolidation near $3 signals mounting tension ahead of a decisive move. Strengthening technical momentum, rising institutional interest, and favorable payment infrastructure trends all point toward a potential breakout.
Notably, a sustained close above $3.15 could confirm bullish conviction and ignite a rally toward $3.50 and beyond, reaffirming XRP’s position as a frontrunner in the next crypto upswing.
On the other hand, the alignment of XRP, HBAR, and XLM with ISO 20022 standards, and their integration into upcoming Fedwire and SWIFT upgrades, places them at the core of a financial revolution.
As global payment systems modernize, these compliant, utility-driven networks are emerging as the backbone of faster, smarter, and more transparent transactions.
While traditional financial benchmarks falter, bitcoin establishes itself as a new standard. Monday evening, the crypto crossed a symbolic threshold by reaching $126,069, after a first record at $125,000 the day before. This rapid rise occurs amid a climate of distrust towards traditional assets and against the backdrop of a declining dollar. More than just a peak, this movement reflects a fundamental dynamic that redefines the hierarchy of values in global markets.
In Brief
Bitcoin has reached a new all-time high at $126,069, driven by a tense macroeconomic context.
The weakening of the dollar and the explosion of flows into ETFs played a key role in this rise.
Derivatives markets show record activity, with a total open interest of $75 billion.
For part of the younger generation, Bitcoin now surpasses real estate as a symbol of financial success.
Bitcoin at $126,000, a rise driven by flows and macroeconomics
This Monday evening, bitcoin reached a historic high at $126,069, after crossing $125,000 as early as Sunday. This rise, observed by traders, comes after the crypto had briefly fallen below $110,000 at the end of September.
Since then, it has recorded a 13 % rise in less than two weeks, now showing an increase of more than 33 % since the beginning of the year. “Bitcoin has jumped since it briefly dropped below $110,000 a little over a week ago”, explained David Morrison, senior analyst at Trade Nation.
Anthony Pompliano, founder of Professional Capital Management, summed up the current buying pressure: “Bitcoin is the benchmark rate. If you can’t beat it, you have to buy it”.
Behind this price surge, several fundamental dynamics combine :
A notable weakening of the US dollar, whose index (DXY) remains stable at 98.09 but shows a nearly 10% decline since January ;
Massive inflows into Bitcoin ETFs, with $3.2 billion injected into a dozen products last week, the second highest level since their launch in 2024 ;
Growing interest in derivatives products, with $75 billion of open interest on perpetual and futures contracts, according to Amberdata. Binance and CME account for the majority of volume ;
A healthier market, characterized by limited liquidations at $283 million over 24 hours, far from the $2 billion recorded in a single day in September ;
Favorable seasonality, notably in October, nicknamed “Uptober” by the community, with an average performance of +22.5 % over the past ten years, according to Bloomberg.
These combined elements outline a context of bullish consolidation, less speculative than during previous bull runs, and potentially more sustainable if macroeconomic fundamentals align.
Bitcoin reshuffles the cards of the American dream
While bitcoin climbs to new heights, another transformation is taking place: that of the social perception of the asset. Indeed, the American dream no longer necessarily passes through home ownership, but through holding bitcoin.
One data point illustrates this shift. Since 2020, housing prices have increased by more than 50 % in dollars, according to the S&P CoreLogic Case-Shiller index. Yet in bitcoin value, they have dropped by nearly 90 %.
In 2020, an average house in the United States was worth about 40 BTC. Today, less than 5 BTC suffice. This shift reveals a growing gap between holders of traditional assets and crypto holders, with bitcoin establishing itself as a more accessible alternative for younger generations.
This evolution accompanies a profound paradigm shift. For Millennials and Gen Z, bitcoin offers features that real estate can no longer provide in a context of high interest rates and weakened purchasing power: liquidity, portability, passive income via staking or ETFs, without the physical constraints of real estate.
Digital ownership emerges as a modern alternative to physical real estate. This change is supported by renewed optimism among holders. The investor sentiment index has turned green (6.77), proof of regained confidence. The return of strong market volume and institutional accumulation feed this conviction. Some analysts already foresee a move towards $130,000–135,000, even $150,000 to $180,000 by year-end if the current trend persists.
Beyond the financial aspect, this moment could mark a generational and societal turning point. If bitcoin continues to gain institutional recognition and deliver superior performance to classic assets, it could sustainably establish itself as the new standard of wealth, as evidenced by its correlation with gold. However, such a transformation is not without risks: a too rapid influx could exacerbate volatility or trigger regulatory backlash. The historically favorable fourth quarter for BTC could confirm or invalidate this trend.
Maximize your Cointribune experience with our "Read to Earn" program! For every article you read, earn points and access exclusive rewards. Sign up now and start earning benefits.
Join the program
A
A
Lien copié
Luc Jose A.
Diplômé de Sciences Po Toulouse et titulaire d'une certification consultant blockchain délivrée par Alyra, j'ai rejoint l'aventure Cointribune en 2019.
Convaincu du potentiel de la blockchain pour transformer de nombreux secteurs de l'économie, j'ai pris l'engagement de sensibiliser et d'informer le grand public sur cet écosystème en constante évolution. Mon objectif est de permettre à chacun de mieux comprendre la blockchain et de saisir les opportunités qu'elle offre. Je m'efforce chaque jour de fournir une analyse objective de l'actualité, de décrypter les tendances du marché, de relayer les dernières innovations technologiques et de mettre en perspective les enjeux économiques et sociétaux de cette révolution en marche.
DISCLAIMER
The views, thoughts, and opinions expressed in this article belong solely to the author, and should not be taken as investment advice. Do your own research before taking any investment decisions.
2025-10-07 05:553mo ago
2025-10-07 01:303mo ago
Ruble Stablecoin A7A5 Surges as EU Prepares Sanctions
The EU accused it of helping Moscow evade Western restrictions. The move also follows similar actions by the US and UK and comes as A7A5’s market cap skyrocketed to around $500 million. At the same time, the EU’s markets regulator, ESMA, is pushing to centralize crypto oversight under the new MiCA framework. It plans to transfer power from national regulators to a single EU authority. The main goal of the plan is to create a more unified and competitive financial system, but it faces resistance from member states over MiCA’s passporting rules and the balance between national autonomy and EU-wide regulation.
A7A5 Faces EU ScrutinyThe European Union is reportedly preparing to impose sanctions on A7A5, a Russian ruble-backed stablecoin that became the world’s largest non-US-dollar pegged digital asset. According to Bloomberg, the proposed sanctions would ban EU-based individuals and entities from directly or indirectly engaging with the token. This will be another step in the bloc’s efforts to clamp down on crypto avenues allegedly used by Russia to evade Western restrictions.
The proposal also targets several banks across Russia, Belarus, and Central Asia which are accused of facilitating crypto-related transactions for sanctioned entities. This move follows a number of recent measures by the EU, including sanctions announced on Sept. 19 that blocked all crypto transactions involving Russian residents and prohibited dealings with foreign banks connected to the country’s financial sector.
Not long after the EU’s latest sanctions on crypto platforms were unveiled, A7A5’s market cap surged from around $140 million to over $491 million in a single day, which was a 250% jump. The token’s market cap has since stabilized close to $500 million—making up roughly 43% of the total $1.2 billion capitalization of non-dollar stablecoins. In comparison, Circle’s euro-pegged EURC holds a market cap of about $255 million.
A7A5’s market cap (Source: CoinMarketCap)
EU sanctions require unanimous approval from all 27 member states before implementation, leaving room for some revisions. The European Council describes these measures as tools to influence the behavior of targeted actors in line with the EU’s Common Foreign and Security Policy.
The EU’s move is also very similar to earlier actions by the US and the UK, which sanctioned financial networks allegedly helping Russia skirt restrictions. Those sanctions included Kyrgyzstan-based exchanges Grinex and Meer, as well as infrastructure linked to A7A5.
A7A5 was launched in February on the Ethereum and Tron blockchains by Moldovan banker Ilan Shor and Russia’s state-owned Promsvyazbank, and claims to be backed by fiat deposits in Kyrgyzstan’s banking system. Despite facing bans and growing scrutiny, the company behind A7A5 made an appearance at the Token2049 event before being removed by organizers.
EU Eyes Central Crypto RegulatorMeanwhile, the EU’s markets regulator, the European Securities and Markets Authority (ESMA), wants to gain expanded authority over crypto exchanges and related operators to unify oversight under the bloc’s new Markets in Crypto-Assets (MiCA) framework.
ESMA chair Verena Ross told the Financial Times that the European Commission is developing plans to transfer supervision of several financial sectors, including crypto, from national regulators to ESMA. She said the move will strengthen Europe’s financial integration and global competitiveness by addressing the ongoing fragmentation in the single market.
Currently, under MiCA, crypto-asset service providers are licensed by national authorities rather than a central EU body. Smaller member states have been at the forefront of the rollout, with Lithuania granting a MiCA license to Robinhood Europe, and Malta approving major exchanges like OKX and Crypto.com. Luxembourg also authorized Bitstamp and Coinbase.
However, Ross argued that this decentralized approach led to certain inefficiencies, as each member state has to develop its own regulatory expertise and systems. ESMA previously raised concerns about inconsistent licensing standards, and pointed out issues in a July report that criticized parts of Malta’s process.
ESMA was created in 2011 after the global financial crisis, and its original mission was to harmonize financial regulation across the EU. The expansion of its powers to include direct oversight of crypto firms is a massive step toward centralizing authority under MiCA, which came into force in mid-2024 to establish a unified framework for digital asset issuers and service providers.
However, there are still tensions over MiCA’s “passporting” rule, which allows companies licensed in one EU country to operate across all 27 member states without seeking separate approvals.People in the industry warned that the system’s uneven implementation threatens to undermine regulatory consistency. Some countries, like France, are reportedly considering limits on passporting rights for crypto companies licensed elsewhere in the bloc, which critics argue could violate the EU’s single-market principles.
Marina Markezic of the European Crypto Initiative said the challenge lies in having multiple national regulators oversee the same law, which risks fragmenting the system MiCA was designed to unify.
2025-10-07 05:553mo ago
2025-10-07 01:363mo ago
ETH Price Analysis 2025: What's Stopping Ethereum from $5,000?
Ethereum’s price continues to trade just below the $5,000 threshold, even as Bitcoin’s record-setting rally drives renewed optimism across digital asset markets. Despite strong fundamentals and steady ecosystem growth, Ethereum’s upside momentum has faced persistent friction, signaling a market still recalibrating after months of liquidity redistribution and uneven capital inflows.
While the broader sentiment remains constructive, Ethereum’s performance has diverged from Bitcoin’s trajectory due to a mix of structural, on-chain, and macroeconomic constraints. These factors, combined with capital concentration in Bitcoin and restrained risk appetite among institutional players, are forming the key barriers preventing Ethereum from making a decisive move beyond $5,000. Below is a breakdown of the core elements currently capping ETH’s upside potential.
Key Factors Holding Ethereum (ETH) PriceEven as ETH maintains support above approximately $4,300 and trades near $4,600, several forces are keeping it constrained below the $5,000 ceiling. First, capital continues to favor Bitcoin, delaying the liquidity rotation into altcoins that historically fuels Ethereum surges. As a result, ETH has been stuck in a range of approximately $4,200–$4,900 for weeks.
Although Ethereum’s fundamentals are solid, on-chain metrics have flattened: daily active addresses and transaction volume on mainnet are no longer trending meaningfully higher, and base-layer fee generation has declined as Layer-2s now host over 80 % of transaction activity (i.e., most usage is migrating off mainnet).
On the institutional front, the approval of spot ETH ETFs has helped inflows (e.g., early reports cite multi-hundred-million-dollar inflows), but they remain modest relative to what would be needed for a breakout. The depth of order books above $4,800 is shallow, and attempts to push past $5,000 have so far met stiff resistance.
Meanwhile, macro uncertainty and weak risk appetite among large allocators limit aggressive exposure to ETH at these levels. In combination, these structural and behavioral dynamics define the immediate resistance envelope preventing Ethereum from breaching the $5,000 mark.
What’s Next for the ETH Price Rally?Both in the short term and long term, the Ethereum price is undergoing a tight consolidation within a narrow range. The price is believed to be accumulating gains within a predefined range, but the broader market conditions do give scope for a bearish divergence. Now the question arises whether $5000 is still out of reach for the ETH price rally.
The weekly chart of Ethereum does not point towards a strong breakout, as the volume remains flattened despite a moderate increase in its value. The supertrend remains bullish, but the weekly MACD shows a drop in the buying pressure. In such a case, even if the bulls manage to break the barrier at $4,900, the price may witness a massive pullback before securing the range above $5000.
Therefore, a strong influx of volume is required to raise the price higher without the possibility of a quick rebound. However, the support at $4271 has been offering a strong base since August, indicating fewer chances of a drop below this range. Therefore, the Ethereum (ETH) price rally for the rest of 2025 currently appears sluggish until bulls reclaim their dominance back.
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.
Sponsored and Advertisements:Sponsored content and affiliate links may appear on our site. Advertisements are marked clearly, and our editorial content remains entirely independent from our ad partners.
2025-10-07 05:553mo ago
2025-10-07 01:393mo ago
Grayscale Launches First Ether Staking ETP as ETH Closes on ATH
The world’s largest crypto asset manager has launched the first Ether staking exchange-traded fund in the United States.
Grayscale Investments announced an industry first on Monday by enabling staking for two of its Ethereum ETFs, the Grayscale Ethereum Trust ETF (ETHE) and Grayscale Ethereum Mini Trust ETF (ETH), making them the first US-listed spot crypto exchange-traded product to offer this feature.
The company has also activated staking for its Grayscale Solana Trust (GSOL), which currently trades over-the-counter and is awaiting regulatory approval.
The two Ether funds have different investment goals, with ETHE to pay distributions for those who like cash flow, while ETH will roll staking returns into net asset value (NAV) so they can compound over time, the firm stated.
At Grayscale, you can now choose how you want to experience Ethereum staking. $ETHE will pay distributions for those who like cash flow, while $ETH will roll staking returns into NAV so they can compound over time. Different goals, same platform.https://t.co/LtGJWGpxXP
— Grayscale (@Grayscale) October 6, 2025
Ethereum Staking Still Healthy
The products will offer additional staking yields, supposedly making it more attractive than a regular spot crypto fund, such as the Bitcoin ETF.
Staking will be conducted passively through institutional custodians and validator providers to help secure the underlying blockchain protocols.
The company also plans to expand staking to additional products and has published educational materials on how staking works.
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
Why Ethereum (ETH) Could Be the Biggest Winner of the Global Liquidity Surge
“Staking in our spot Ethereum and Solana funds is exactly the kind of first mover innovation Grayscale was built to deliver,” said Peter Mintzberg, CEO of Grayscale.
The Grayscale ETHE fund has hemorrhaged capital since it launched with $4.5 billion exiting the product because its fees are much higher than its competitors, such as BlackRock (ETHA) and Fidelity (FETH). However, its mini-trust (ETH) has seen some of that in inflows, which have totalled $1.5 billion.
It is highly likely that the major ETF issuers will follow suit and offer staking in their own funds soon.
There is currently a total of 35.7 million ETH worth $167 billion and representing around 30% of the total supply staked. However, the exit queue is still very high with around 2.5 million ETH waiting to be unstaked.
ETH Closes On ATH
The Grayscale launch has come as Ether closes in on its all-time high, reaching a three-week high of $4,734 on Monday.
It has currently cooled back to $4,680 during Tuesday morning Asian trading, which puts ETH just 5.4% away from its all-time high in August.
“Ethereum’s liquidity reset is complete,” and the sweep below $4,000 was the “reload zone,” said analyst ‘Merlijn the Trader.’
“Now the chart screams expansion,” he added with a prediction that ETH would reach $10,000 to $14,000 this cycle.
Tags:
2025-10-07 05:553mo ago
2025-10-07 01:403mo ago
Bitcoin Halvings have Consistently Been Followed by Significant Increases in BTC Price : Analysis
With each subsequent Bitcoin halving cycle, the supply of new BTC entering circulation drops by half, leading to increased scarcity over an extended period of time. CoinGecko notes in research report that since the first halving in 2012, block rewards have declined by 87.5%, from 25 BTC to 3.125 BTC.
The report from CoinGecko also mentioned that during the same period, the price of Bitcoin surged by as much as 9110x to $109,000 on September 1, 2025. And at the time of writing, the BTC price has set another all-time high of over $125,000 as the month of October (or rather “Uptober”) begins.
Notably, Bitcoin has consistently reached new all-time highs throughout each cycle, usually occurring post-halving.
However, this trend was bucked in March of last year, when BTC reached a new ATH of $73,400 before the fourth halving.
The degree of post-halving price gains have “compressed over time since the second halving, with peak cycle returns falling from 29x in 2017 to 6.7x in 2021, and just +93.1% so far in 2025.”
Trading volume has also risen “from ~$20 million in 2013 to ~$30 billion in 2025.”
Bitcoin reportedly outperformed the annualized return of traditional assets in 2024, “posting a +119% price growth for the year, ahead of the +24.0% and +30.8% returns by the S&P 500 and the Nasdaq, respectively.”
But both indices are now catching up with Bitcoin’s +16.3% increase in 2025, as BTC’s correlation with the S&P 500 continues its uptrend, increase from 0.75 in 2024 to 0.86 this year.
Meanwhile, Gold has been the second best performer during the last 2 years, extending gains by +31.7% year-to-date, due partly to concerns of economic uncertainty and Trump’s tariffs coming into effect.
Despite being referred to as ‘digital gold,’ BTC’s correlation with the precious mental has significantly weakened from 0.64 in 2024 to 0.53 as of August tbis year.
Meanwhile, the outlook for the US dollar has turned bleak in 2025, with a -10.4% plunge.
Trump’s economic policies are said to have considerably weakened the US dollar since his inauguration at the beginning of 2025.
Despite experiencing a significant 68% drop in active users during the extended crypto bear market of 2018, the average daily users on Bitcoin recovered by 41.7% from 666,000 in 2018 to 944,000 as of August this year.
Major uptrends in Bitcoin network activity often tend to come right before major price movements.
The network recorded its all-time high of 1.36 million active users during April of 2021 as BTC surged past the $64,000 mark and stayed elevated at ~1.0 million daily users before BTC’s -35% price drop in May.
But that dynamic has seemingly shifted since 2023 with the launch of Bitcoin Ordinals and BRC-20 back in the early months 2023.
As these initiatives gained more traction, active Bitcoin users increased from an average of 900,000 in 2023 January to 1.10 million everyday users in 2023 May and has continued to “ebb and flow” with Ordinals trading activity.
2025-10-07 05:553mo ago
2025-10-07 01:433mo ago
BNB Price Prediction: Gemini Analysis and Recommendation of Best Crypto to Buy Now
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure
Although Bitcoin hitting a new all-time high dominated all the headlines in recent days, it’s actually BNB that has been the silent assassin – the biggest mainstream blue-chip crypto gainer – over the last few months.
The rally that started on June 23 continues to this day. During this period, in just a little over three months, BNB has doubled in value, rising from $615 to its current level of $1,245.
Given that $BNB is now trading in uncharted territory, speculation is running rife about where its next ceiling could be, with many predicting that BNB might mirror its 2021 rally, when it gained over 2,200% in just five months.
So, to get to the bottom of this BNB price prediction, we turned to Gemini – one of the most powerful AI chatbots, capable of reading the crypto market in real time thanks to its direct integration with Google Search.
Keep reading to find out what Gemini has to say about BNB’s next potential target. The AI also pointed us toward the best cryptos to buy now to ride this blue-chip crypto’s rally.
Gemini’s BNB Price Prediction Points to $2,500
Gemini noted that BNB’s recent run-up comes after the breakout of a major consolidation pattern – an ascending triangle that had been in place since May 2021.
So, it shouldn’t be surprising that the breakout from such a long-drawn consolidation is producing the kind of one-sided rally we’re seeing now. Most notably, $BNB could be far from done.
Gemini pointed out that since the token is now in uncharted territory – meaning it has no previous resistances to grapple with – we can use classic technical analysis to project its next potential target.
The AI measured the width of this ascending triangle pattern and mapped it onto the breakout level to estimate BNB’s future trajectory.
This target comes out to around $2,500, representing a chunky 100%+ gain from even its current levels.
Here’s the kicker now: while investing in $BNB directly could be a smart decision, an even smarter move would be to complement your BNB investment with some low-cap, high-upside altcoins that could ride alongside this Q4 crypto boom and potentially generate far better returns.
Here are Gemini’s top three suggestions.
1. Bitcoin Hyper ($HYPER) – New Bitcoin Layer-2 for Faster Transactions and Web3 Support
Bitcoin Hyper ($HYPER) is building a new Layer-2 solution for the Bitcoin blockchain. By integrating the Solana Virtual Machine (SVM), it aims to solve Bitcoin’s age-old issues of speed and scalability.
Unlike Bitcoin, which currently processes transactions one by one, $HYPER will introduce parallel execution, boosting Bitcoin’s throughput from just 7 transactions per second to thousands.
Moreover, the integration of the SVM will allow developers to build smart contracts and decentralized applications (dApps) directly on Bitcoin – something that wasn’t possible before.
The result? A never-before-seen Web3 environment on Bitcoin, complete with high-speed DeFi trading apps, DAOs, governance, lending, staking, and gaming dApps.
It’s important to note that you can’t simply use your Layer-1 Bitcoin tokens on any Layer-2 network. That’s why Bitcoin Hyper offers a decentralized, non-custodial canonical bridge.
It locks your original Bitcoin and mints an equivalent amount of ‘wrapped’ tokens for use on Bitcoin Hyper’s Layer 2 network.
Given its potentially game-changing mission to crank up Bitcoin’s real-world utility, it’s no wonder Bitcoin Hyper has become one of the best crypto presales of 2025.
The project has already raised over $22.1M from early investors, with each token still available for a low price of $0.013075. Here’s how to buy Bitcoin Hyper.
And based on our Bitcoin Hyper price prediction, a $100 investment today could turn into $2,400 by the end of 2025 alone.
Join the Bitcoin Web3 revolution – grab your $HYPER tokens today.
2. SUBBD Token ($SUBBD) – Crypto-Powered Content Creation Platform Offering AI Tools
SUBBD Token ($SUBBD) aims to revolutionize the $85B online content industry, which is currently plagued with arbitrary bans, little to no assistance for creators, and exorbitant fees.
SUBBD, on the other hand, will charge only a minimal fee from creators and, in return, offer them a never-before-seen suite of AI-powered tools, including voice, video, image, and profile generators.
These tools will help creators automate their content production and management, freeing up more time to organically engage with their audiences.
At the same time, SUBBD also promises an enriching experience for fans. All you need to do is buy and hold $SUBBD tokens, as these are the key to this vibrant ecosystem. $SUBBD lets you:
Unlock premium content on SUBBD
Subscribe to your favorite creators
Send them tips or even personalized content requests
Enjoy greater discounts the more SUBBD you hold
Access beta features and gain voting rights on key platform decisions, such as creator onboarding
You can also stake your SUBBD tokens for a new set of exclusive rewards.
This includes a fixed 20% APY for the first year, along with access to exclusive creator livestreams, daily behind-the-scenes drops, and content from SUBBD’s top talents.
Currently in presale, $SUBBD has already pulled in over $1.24M from early investors. Here’s how to buy $SUBBD in four simple steps.
Each token is priced at just $0.056625, and according to our $SUBBD price prediction, it could reach $0.301 by year-end – delivering a massive 430% ROI.
Get $SUBBD now and join the creator economy revolution.
3. nubcat ($NUB) – Cat-Based Meme Coin Gaining Steam
After being in a downtrend ever since it first listed on exchanges, nubcat ($NUB) turned the tide in July when it soared over 1,000% in just a little over a month.
As expected after such a strong rally, the token cooled off a bit, forming a descending triangle, which is often considered a continuation pattern following a major uptrend.
Then, on October 6, $NUB gave a decisive breakout of this consolidation pattern, surging 41% in a single day. It now looks poised to rally at least to its latest swing high of $0.0615 – nearly a 100% gain from current levels.
So, what exactly is nubcat, and why is it gaining so much steam? Well, unlike Bitcoin Hyper and SUBBD Token, $NUB isn’t a utility-backed altcoin.
It’s an out-and-out meme coin with no intrinsic value, tokenomics, staking, or governance mechanisms. Based on a playful cat with a quirky personality, nubcat’s charm lies entirely in its meme power and viral appeal.
Interested? Buy $NUB on MEXC or other crypto exchanges.
Recap: With BNB poised for a 100%+ rally in the coming weeks, now’s the perfect time to load up on under-the-radar altcoins like Bitcoin Hyper ($HYPER), SUBBD Token ($SUBBD), and nubcat ($NUB).
Disclaimer: Kindly bear in mind that crypto investments are risky. None of the above is financial advice. Always do your own research before investing.
Authored by Krishi Chowdhary, Bitcoinist – https://bitcoinist.com/bnb-price-prediction-gemini-analysis-best-crypto-to-buy-now
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 05:553mo ago
2025-10-07 01:463mo ago
Expert Believes Solana Could Surpass Ethereum as Stablecoin Demand Shifts: Here's Why
Solana’s stablecoin supply grew 40% to $15B since the GENIUS Act, outpacing Ethereum’s slower 27% climb.
Experts say Solana’s low fees and fast settlement are fueling its rapid stablecoin market expansion.
TRON’s stablecoin supply fell 4%, marking a liquidity shift toward faster networks like Solana.
Ethereum still leads with $178B in stablecoins, but experts note Solana’s growth is narrowing the gap.
Solana is gaining serious traction in the stablecoin race, and experts say it’s closing in on Ethereum faster than expected. Since the GENIUS Act came into effect, Solana’s stablecoin supply has jumped 40%, hitting around $15 billion.
Ethereum still leads with $178 billion, but its growth rate lags behind. The rapid expansion points to changing preferences among developers and financial firms exploring new settlement networks.
Crypto reporter Danny Nelson noted that the GENIUS Act opened the door for banks and corporations to test stablecoin-based transactions. In the three months following the Act’s signing, Solana’s efficiency and low fees drew new issuers at an accelerating pace.
Ethereum continues to anchor the space, but its slower growth suggests liquidity is beginning to spread to faster alternatives.
Solana’s Fast Growth Outpaces Ethereum
Over the last month, Solana’s stablecoin supply grew by roughly $3 billion, a 25% rise in 30 days. By contrast, Ethereum’s supply increased by only 8%. The expert attributes this shift to Solana’s expanding DeFi ecosystem and improved network reliability, which have strengthened its role in the stablecoin market.
Solana might just be winning the GENIUS Era
Solana doesn’t host the most stablecoins. And yet: it boasts the fastest-growing stablecoin supply. In the nearly 3 months since Trump signed the GENIUS Act, Solana’s stablecoins in circulation have jumped over 40%, reaching $15b.…
— Danny Nelson (@realDannyNelson) October 6, 2025
Nelson noted that recent integrations, new payment rails, and partnerships have helped Solana sustain its growth trend.
The platform’s low transaction costs and high-speed processing continue to attract stablecoin issuers who need real-time settlement capabilities. These features are critical as “payment stablecoins” evolve into mainstream financial tools.
Meanwhile, TRON’s stablecoin supply dropped about 4%, indicating a broader realignment among blockchain networks. As institutional participants enter the market, the choice of network increasingly depends on transaction speed and cost efficiency.
Solana’s setup offers both, giving it a competitive edge in the GENIUS Act era.
Ethereum Holds Size, but Solana Gains Momentum
Ethereum remains the largest stablecoin hub, yet the growth gap between the two chains is narrowing.
Experts believe Solana’s fast adoption could pressure Ethereum to enhance scalability and transaction costs. The GENIUS Act’s rollout has made performance and efficiency central to stablecoin adoption decisions.
Stablecoins are becoming a key pillar in digital finance. As regulatory clarity improves, networks able to process high volumes at low cost will stand out. For now, Solana’s progress signals that the stablecoin landscape is shifting, and Ethereum’s long-standing dominance may soon face new challenges.
2025-10-07 05:553mo ago
2025-10-07 01:483mo ago
US Bitcoin ETFs post 2nd-highest inflows since launch on crypto rally
US spot Bitcoin ETFs recorded $1.18 billion in inflows on Monday, their biggest day since early November 2024, when Donald Trump was elected President of the US.
69
Spot Bitcoin exchange-traded funds in the United States clocked their second-biggest day of inflows in history as Bitcoin notched a new record high on Monday.
The 11 US-based spot Bitcoin ETFs saw a cumulative $1.18 billion in inflows on the day, second only to Nov. 7, 2024, when the ETFs raked in $1.37 billion after Donald Trump won the election to become the next President of the United States.
The bumper day for the ETFs, which coincided with Bitcoin’s new all-time high of over $126,000, brings October’s total inflow to $3.47 billion across just four trading days, according to CoinGlass.
Meanwhile, Bitcoin ETFs have cumulatively raked in around $60 billion since their launch, Bloomberg’s ETF analyst James Seyffart said on Monday on X.
The massive demand for Bitcoin ETPs underscores the significant influence of institutional investors in this bull market, with retail investors reportedly still on the sidelines.
BlackRock’s IBIT leads the packThe BlackRock iShares Bitcoin Trust (IBIT) saw the lion’s share of the inflows with a whopping $967 million entering the product on Monday. The ETF has brought in $2.6 billion in inflows since the beginning of October.
The Fidelity Wise Origin Bitcoin Fund (FBTC) recorded an inflow of $112 million, the Bitwise Bitcoin ETF (BITB) had $60 million, and the Grayscale Bitcoin Mini Trust (BTC) recorded $30 million. There were minor inflows for Invesco, WisdomTree, and Franklin’s funds.
IBIT fastest to $100B AUMThe BlackRock Bitcoin ETF is on the verge of surpassing $100 billion in assets under management, observed Nova Dius President Nate Geraci on Tuesday.
According to the official website, IBIT has an AUM of almost $98.5 billion in Bitcoin and cash, and it holds 783,767 BTC.
The world’s largest ETF, the Vanguard S&P 500 ETF, took more than two thousand days to hit that mark, and IBIT is about to do it in under 450 days, said Geraci. Only 18 of over 4,500 trading ETFs have over $100 billion in AUM, he added.
Spot BTC ETF assets under management total $168 billion. Source: James SeyffartMagazine: Bitcoin may move ‘very quick’ to $150K, altseason doubts: Hodler’s Digest
2025-10-07 04:553mo ago
2025-10-06 22:443mo ago
Donald Trump Bitcoin: From Critic to Crypto-First President
Before returning to the White House as the 47th President, Donald Trump was openly critical of Bitcoin and other cryptocurrencies. In 2019, he called BTC “not money” and “highly volatile,” warning against Facebook's digital currency plans.
2025-10-07 04:553mo ago
2025-10-06 23:003mo ago
TRON [TRX] cools down: Is a major rebound on the horizon?
Key Takeaways
How has TRX reacted to its cooling phase?
TRX has entered a cooling phase in trading volumes, mirroring past accumulation setups that preceded major rallies, such as those in 2021 and 2024.
What factors could confirm TRX’s next breakout?
Sustained buying pressure above $0.355, reinforced by taker buy dominance and rising social sentiment, could confirm a bullish continuation toward $0.40.
Since early October, TRON [TRX] has shown a clear cooling in trading volumes, often a prelude to strong market rebounds.
Historically, this trend has marked accumulation periods where institutional players position themselves before price expansion.
Notably, similar cooling in July 2021 and October 2024 led to rallies of over 100%. The ongoing setup now mirrors those historical phases, suggesting a bullish reaccumulation zone.
With the overall trend still positive, the reduced volatility and compression in volume highlight a calm before a potential breakout storm.
Renewed momentum for TRX
On the daily chart, TRX is forming a well-defined inverse head-and-shoulders pattern, supported by an ascending trendline since mid-August.
The neckline lies near $0.355, a critical resistance zone that, once breached, could open the door toward $0.373 and $0.40.
TRX, at press time, traded around $0.343, showing stability above short-term supports at $0.331 and $0.335. This structure reflected sustained buying interest, as each dip could finds new demand.
A confirmed breakout above $0.355 would signal the beginning of a strong upward phase in the coming weeks.
Source: TradingView
What’s backing the bullish setup?
Futures taker CVD readings showed dominant buying pressure across the derivatives market, confirming growing confidence among leveraged traders.
This metric indicated that aggressive buyers were actively accumulating positions, reinforcing the bullish reversal narrative.
The alignment between cooling spot volumes and increasing Futures buy-side activity suggested that TRX’s next impulse wave could be building under low volatility.
Historically, when both conditions converge, strong breakouts tend to follow.
Consequently, this combination paints an optimistic picture for TRX’s short-term trajectory as market momentum shifts toward buyers.
Social buzz around TRX begins to resurface
Social dominance data from Santiment revealed a gradual recovery in TRX-related discussions at 0.422%, signaling a subtle but steady return of community interest.
This rise often precedes speculative momentum, as market narratives drive retail engagement.
When social traction aligns with technical breakout structures, it typically amplifies volatility and trading volume.
The renewed buzz around TRON’s ecosystem suggests that sentiment is beginning to favor bullish expectations again.
With stronger social attention converging with favorable on-chain and technical indicators, TRX appears poised for another phase of sustained market acceleration.
Can TRX see a full-scale breakout?
TRX’s synchronized signals—volume cooling, inverse head-and-shoulders structure, and Futures accumulation—collectively indicate a market ready for expansion.
The token now sits at a pivotal juncture, where bullish conviction could ignite another major rally.
If buying momentum sustains above the neckline zone, TRX could mirror its past accelerations toward higher price objectives, validating this setup as the foundation for its next bullish phase.
2025-10-07 04:553mo ago
2025-10-06 23:003mo ago
Ethereum Turns Bullish After Multi-Year Breakout — $7,000 May Be Imminent
Ethereum has finally broken free from a multi-year-long consolidation phase, reigniting bullish sentiment across the crypto market. After spending over three years struggling to hold above the $4,000 level, ETH has now confirmed a decisive breakout, a move seen as the start of its next major rally. With momentum building and technical indicators aligning, analysts suggest that a run toward the $7,000 region could be closer than ever
Ethereum Breaks Free After 1,146 Days Of Consolidation
Mags, a popular crypto analyst on X, recently shared a bullish update, noting that ETH could be on track to reach the $7,331 mark. According to the analyst, this target aligns with the broader bullish trend that has been forming since Ethereum’s breakout above key resistance levels.
After more than 1,146 days of consolidation from its bottom, Ethereum finally broke above the crucial $4,000 level, marking a significant technical milestone. During this cycle, ETH had made three prior attempts to break past this resistance, each ending in rejection. However, the fourth attempt in August succeeded, confirming the breakout and signaling the start of a new bullish phase.
Following the breakout, ETH has been consolidating above the $4,000 zone, building momentum for what could be the next leg upward. The stability around this level indicates that buyers are actively defending support, keeping the broader structure intact and setting the stage for a potential continuation toward higher targets.
ETH gearing up for a potential rally to new highs | Source: Chart from Mags on X
Mags also pointed out that Ethereum experienced a brief fakeout, where the price dipped below $4,000 to reach $3,800 before staging a sharp V-shaped recovery. This rebound, driven by strong buying pressure, further strengthens the bullish outlook. With the current price action holding firm, the analyst believes Ethereum is primed for a move toward the 1.618 Fibonacci extension level at $7,331, which could define the next major wave in its ongoing rally.
Ethereum Confirms Major Structural Retest: The “V-Bottom” Is Holding Strong
Galaxy, a prominent crypto analyst, recently shared an update noting that the ETH chart has successfully retested the “V-bottom” structure along with the major triangle pattern that dates back to 2021. This signals that the asset may be entering a new growth phase after consolidating for an extended period within these key technical formations.
While Galaxy acknowledged that the road ahead won’t be smooth, with potential dips, periods of choppy price action, and stretches of low volatility, the overall outlook remains highly optimistic. The analyst believes that Ethereum is gradually positioning itself for a major move upward, with the current structure suggesting that a five-digit ETH is becoming an increasingly realistic target in the future.
ETH trading at $4,585 on the 1D chart | Source: ETHUSDT on Tradingview.com
Featured image from iStock, chart from Tradingview.com
2025-10-07 04:553mo ago
2025-10-06 23:003mo ago
Morgan Stanley Endorses Bitcoin as “Digital Gold,” Tells Advisors to Allocate Up to 4% to Crypto
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure
Morgan Stanley’s Global Investment Committee (GIC) has issued an unexpected recommendation: treat Bitcoin as “digital gold” and allocate up to 4% of suitable portfolios to cryptocurrency exposure.
The action marks one of Wall Street’s most public institutional nods to digital assets yet, emphasizing how crypto is migrating from fringe speculative bets toward mainstream portfolio construction.
BTC's price trends to the upside on the daily chart. Source: BTCUSD on Tradingview
Institutional Validation & Allocation Framework
In its October advisory memo, Morgan Stanley explicitly likened Bitcoin to a scarce wealth store, “digital gold”, and signaled that the crypto market has matured enough to warrant modest allocations within diversified portfolios.
The GIC’s guidance is structured by risk profile:
Balanced Growth portfolios are recommended allocations around 2%
Opportunistic Growth models may go as high as 4%
Portfolios focused on Wealth Conservation or Income are advised 0% crypto exposure, given the volatility risks
Morgan Stanley also emphasizes that exposure should generally happen through regulated vehicles such as crypto ETFs rather than direct holdings.
This endorsement could sway a large swath of the financial advisory landscape, as the GIC influences over 16,000 advisors managing around $2 trillion in client capital.
Why Now? Macro Drivers & Structural Signals
Several tailwinds give gravity to Morgan Stanley’s shift. Bitcoin recently ripped past $125,000, while exchange balances have dipped to 6–7 year lows, pointing to less supply readily available for sale.
Macro conditions also support the thesis. The U.S. government shutdown, rising concerns over inflation, and softer dollar dynamics have driven investors toward nontraditional hedges. In that context, Bitcoin’s appeal as a scarce, digital store of value becomes more credible.
Meanwhile, Morgan Stanley is moving beyond mere commentary: the firm is preparing to offer crypto trading to retail clients via its E*Trade partnership with Zerohash, expected to start in 2026.
Risks, Constraints & What to Watch
Morgan Stanley is also candid about crypto’s limitations. It warns of higher volatility, correlations under stress, and the importance of disciplined rebalancing. The company advises advisors to keep exposure in check and prevent crypto holdings from becoming dominant during sharp rallies.
Here are some of the key catalysts to monitor:
Regulation clarity in the U.S. and globally
Sustained ETF inflows or institutional capital
Further supply contraction from exchanges
Execution of Morgan Stanley’s retail crypto offering via E*Trade
Morgan Stanley’s public embrace of crypto, anchoring Bitcoin as “digital gold,” is a watershed moment. With allocations of 2-4% now part of the playbook for growth clients, the institutional gate to digital assets just cracked wider. But for those allocations to matter, execution and macro alignment must follow.
Cover image from ChatGPT, BTCUSD chart from Tradingview
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.
Sign Up for Our Newsletter!
For updates and exclusive offers enter your email.
2025-10-07 04:553mo ago
2025-10-06 23:013mo ago
Bitcoin Sets New Record High Above $126K As Political Gridlock Boosts Haven Assets
Ethereum price started a steady increase above $4,650. ETH is now consolidating and might aim for more gains if it clears the $4,750 resistance.
Ethereum remained stable above $4,500 and started a fresh upward move.
The price is trading above $4,550 and the 100-hourly Simple Moving Average.
There is a key bullish trend line forming with support at $4,550 on the hourly chart of ETH/USD (data feed via Kraken).
The pair could continue to move up if it settles above $4,720 and $4,750.
Ethereum Price Gains Over 10%
Ethereum price remained supported above the $4,400 level and started a fresh increase, like Bitcoin. ETH price was able to climb above the $4,500 and $4,620 resistance levels.
The price even spiked toward $4,750 and might continue to rise. A high is formed at $4,759 and the price is now correcting some gains. There was a move below the 23.6% Fib retracement level of the recent upward move from the $4,472 swing low to the $4,759 high.
Ethereum price is now trading above $4,550 and the 100-hourly Simple Moving Average. Besides, there is a key bullish trend line forming with support at $4,550 on the hourly chart of ETH/USD.
Source: ETHUSD on TradingView.com
On the upside, the price could face resistance near the $4,720 level. The next key resistance is near the $4,750 level. The first major resistance is near the $4,780 level. A clear move above the $4,780 resistance might send the price toward the $4,840 resistance. An upside break above the $4,840 region might call for more gains in the coming sessions. In the stated case, Ether could rise toward the $4,880 resistance zone or even $4,920 in the near term.
Pullback In ETH?
If Ethereum fails to clear the $4,750 resistance, it could start a fresh decline. Initial support on the downside is near the $4,615 level and the 50% Fib retracement level of the recent upward move from the $4,472 swing low to the $4,759 high. The first major support sits near the $4,550 zone and the trend line.
A clear move below the $4,550 support might push the price toward the $4,500 support. Any more losses might send the price toward the $4,420 region in the near term. The next key support sits at $4,350.
Technical Indicators
Hourly MACD – The MACD for ETH/USD is gaining momentum in the bullish zone.
Hourly RSI – The RSI for ETH/USD is now above the 50 zone.
Major Support Level – $4,550
Major Resistance Level – $4,750
2025-10-07 04:553mo ago
2025-10-06 23:123mo ago
SEC Streamlines Crypto ETF Approvals: XRP, Solana, and Cardano Lead the Pack
The cryptocurrency market is on the brink of a major milestone as the U.S. Securities and Exchange Commission (SEC) introduces a streamlined process for approving crypto exchange-traded funds (ETFs). This new regulatory framework promises faster approval timelines and broader access for altcoins, providing a significant boost for digital asset adoption among institutional and retail investors alike.
2025-10-07 04:553mo ago
2025-10-06 23:283mo ago
Peter Schiff Describes Bitcoin's Jump Over $126,000 As 'Bear Market Rally': 'Too Early For Bitcoiners To Get Excited
Economist Peter Schiff downplayed Bitcoin’s (CRYPTO: BTC) ongoing rally Monday, suggesting it’s too early to be excited about.
Just A Bear Market Rally, Says SchiffIn an X post, Schiff said that while Bitcoin set a new high in dollar terms, i.e, $126,000, it was still about 15% below its record high when priced in gold.
“I still think it’s too early for Bitcoiners to get excited about the rally. Until Bitcoin can make a new high priced in gold, it’s just a bear market rally,” the gold bug said.
See Also: Ethereum, BitMine Just Broke Out — And $5,000 ETH, $130 BMNR Could Be Next
What Does Data Suggest?As of this writing, it required roughly 31.429 ounces of gold to buy Bitcoin, down from an all-time high of 40.05 ounces in December of last year.
AssetATH Price in Gold ounces (Recorded on December 17, 2024)Price in Gold ounces (Recorded at 10:20 p.m. ET)Gains +/-Price in USD (Recorded on December 17, 2024)Price in USD (Recorded at 10:20 p.m. ET)Bitcoin40.0531.429-21.5%$106,140.60$124,413.89GoldNANANA$2,646.60/Ounce$3,968.32/OunceHowever, when compared across a two-year timframe, the situation changed dramatically, with one unit of BTC costing twice as much gold as before.
AssetPrice in Gold ounces (Recorded on October 6, 2023)Price in Gold ounces (Recorded at 10:20 p.m. ET)Gains +/-Price in USD (Recorded on October 6, 2023)Price in USD (Recorded at 10:20 p.m. ET)Bitcoin15.31631.429+105.28%$27,946.60$124,413.89GoldNANANA$1,832.03/Ounce$3,968.32/OunceWhen asked about the price Bitcoin would need to reach to match gold’s move, Schiff responded, “It’s a moving target as gold keeps rising. But based on where gold is now, Bitcoin would have to rise to about $148,000 to match its record high priced in gold.”
‘Digital Gold’ Rallies Alongside Real World CounterpartSchiff’s comments come at a time when both Bitcoin and gold were on a record-breaking run. While spot gold broke past $4,000 per ounce for the first time late Tuesday, the leading cryptocurrency topped $126,000.
Schiff has been a vocal critic of Bitcoin, stating last month that the apex digital asset was in a bear market and had failed to live up to its hype as “Digital Gold.”
Notably, gold was up nearly 50% in 2025, while Bitcoin has rallied 33% year-to-date.
Read Next:
HSDT Follows Michael Saylor’s Playbook With $530M Solana Bet—Is This The Next MSTR?
Disclaimer: This content was partially produced with the help of Benzinga Neuro and was reviewed and published by Benzinga editors.
Photo Courtesy: Jade ThaiCatwalk on Shutterstock.com
Market News and Data brought to you by Benzinga APIs
Gold prices have come within a few dollars of a milestone all-time high of $4,000 as investors escape to safe-haven assets — a trend that also looks bullish for Bitcoin.
Prices for futures for gold tapped $4,000 per ounce for the first time early on Tuesday morning, while spot prices reached an all-time high of $3,976, according to TradingView.
“Gold is at a new record high,” observed goldbug and Bitcoin critic Peter Schiff on Tuesday. “This is a clear warning that current Fed policy is wrong,” he added, calling for the US central bank to “reverse course immediately,” and raise interest rates.
Gold has had a stellar run this year, surging more than 50% since Jan. 1 amid escalating geopolitical tensions, trade tariff concerns, global inflation, and the debasement of fiat currencies.
It has outperformed Bitcoin (BTC) over the same period, with the world’s premier digital asset gaining just 33.5%. However, Bitcoin prices have followed gold, albeit with a lag, which could bode well for a massive end-of-year rally.
Bitcoin will outperform gold, analysts say“Gold’s all-time high shows investors’ demand for scarce assets. From here, we believe Bitcoin will be the better-performing asset of the two,” Apollo Capital’s Henrik Andersson told Cointelegraph on Tuesday.
“Gold hitting $4K is just another confirmation of the same dynamic supporting BTC,” added Justin d’Anethan, head of partnerships at crypto private markets firm Arctic Digital.
The move is more of a “mutual confirmation,” with both assets reacting to the same concerns: unchecked US deficits, softening dollar credibility, and rising geopolitical hedging, he said, adding:
“Gold is familiar and deeply rooted in traditional finance setups. Bitcoin moves bigger because it’s available 24/7, scarcer, and admittedly more forward-looking.”Bitcoin’s correlation with goldBitcoin is lagging gold and the global M2 money supply, and “should adjust,” said analyst James Bull on X.
Last week, analyst and trader Ted Pillows said Bitcoin has been highly correlated with gold with an eight-week lag.
With gold hitting new highs, Bitcoin will follow, he said, adding, “Maybe we could see another correction, but overall Q4 will be big for Bitcoin.”
Last week, Cointelegraph reported that Bitcoin had resumed its correlation with gold, as both were nearing or had reached all-time highs. Bitcoin hit an all-time high of just over $126,000 during late trading on Monday.
Even without the lag, BTC price momentum is starting to catch up with gold’s. Source: TradingViewBitcoin to seven figures Litespark co-founder and CEO, and former head of PayPal, David Marcus, compared the two assets, saying on Monday that if Bitcoin were valued like gold, it would be worth $1.3 million.
“It’s already a better store of value, and its payments utility isn’t priced in yet. Crossing into seven digits is only a matter of time.”Magazine: Bitcoin may move ‘very quick’ to $150K, altseason doubts: Hodler’s Digest
2025-10-07 04:553mo ago
2025-10-06 23:383mo ago
XRP Price Prediction Today as Bitcoin Hits New All-Time High
Bitcoin has reached a new all-time high of $125,800 before starting to cool down. The daily RSI has moved into the overbought zone, showing that the market may be due for a pullback.
Analysts say this is a healthy pause in the ongoing uptrend. The MACD also shows that the strong green bars representing bullish power are getting lighter, meaning buying strength is slowing. Even so, the weekly chart stays bullish, with bulls still in control.
If Bitcoin continues to cool off, funds could move into altcoins, giving coins like XRP more room to climb in the days ahead.
XRP Tests Key Levels as Market ShiftsWhile Bitcoin takes a breather, XRP is trading between two important zones — a support area of $2.70–$2.80 and resistance around $3.10–$3.15. A confirmed daily close above $3.15 could open the door to $3.30–$3.35.
XRP is also forming a possible W pattern, which often marks a bullish setup. If the price holds above $3.15, the next target stands near $3.55, which matches the recent daily highs.
Bearish Divergence Fades AwayOn the weekly chart, the earlier bearish divergence that formed around July is slowly fading. The RSI is ticking upward, showing improving strength. The long cooling phase over the last few months appears to have played out fully. With Bitcoin setting new highs, XRP may now move past the bearish phase that held it back through the summer.
Outlook: XRP Could Rise If Altcoins Take the LeadIf Bitcoin’s pullback continues, XRP could be one of the next movers as traders shift focus to altcoins. A firm breakout above $3.15 could lift the price toward $3.50–$3.60, close to its all-time high.
However, if the price drops below $2.93–$2.94, XRP could return to sideways action before making another attempt upward.
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.
Sponsored and Advertisements:Sponsored content and affiliate links may appear on our site. Advertisements are marked clearly, and our editorial content remains entirely independent from our ad partners.
2025-10-07 04:553mo ago
2025-10-06 23:473mo ago
US Bitcoin reserve funding ‘can start anytime' — Senator Lummis
Crypto-friendly US Senator Cynthia Lummis said fundraising for a Strategic Bitcoin Reserve is mainly being held back by legislative “slog.”
814
Crypto-friendly US Senator Cynthia Lummis has confirmed that acquiring funds for the US Strategic Bitcoin Reserve (SBR) can “start anytime” now, though legislative red tape is holding it back.
In an X post on Monday, Lummis said that while it remains a “slog” on the legislative side of things, thanks to “President Trump, the acquisition of funds for an SBR can start anytime.”
Senator Lummis’ latest comments on the SBR. Source: Cynthia LummisLummis made the comments in response to a post from ProCap BTC chief investment officer Jeff Park, who shared a video of himself and Bitcoin bull Anthony Pompliano discussing the potential of the Strategic Bitcoin Reserve.
Park was hypothesizing what would happen if the government were able to utilize its $1 trillion worth of paper gains from gold to reinvest into Bitcoin (BTC).
He argued that, given the government’s approximately $37.88 trillion in fiscal debt, utilizing the $1 trillion in paper gains would be a relatively minor risk in the grand scheme of things.
“And so if there’s a way to unlock the ability to build leverage on the paper gains of gold to take a call option on Bitcoin. There’s something incredible here that could happen… If you own Bitcoin, and you assume that it’s going to go up by 12% a year, you’ll make a 30x in 30 years,” he said.
“It’s actually going to be able to cover most of the fiscal deficit hole that exists.”In response, Lummis stated that this was “a fabulous articulation of why the SBR and passing the BITCOIN Act makes so much sense.”
It is not yet clear exactly how capital will be raised for the Strategic Bitcoin Reserve. According to the official government fact sheet, the reserve will initially be “capitalized with Bitcoin owned by the Department of Treasury” that was seized through civil or criminal proceedings.
Then it states that additional BTC may be acquired via budget-neutral avenues that “impose no incremental costs on American taxpayers.”
Government Bitcoin buys around the corner? It has been seven months since President Donald J. Trump signed an executive order to establish the Bitcoin reserve. However, the concrete formulation of the reserve is yet to be confirmed, resulting in a fair amount of speculation and debate around the exact launch timeline.
Some, however, anticipate that the government may announce some BTC purchases in the near future. Speaking with CNBC over the weekend, Anthony Pompliano said there are three key things the market is keeping an eye on right now:
“The first is that the US government at some point is gonna announce that they are buying Bitcoin. Creating the initial kinda strategic reserve and sitting the Bitcoin we already had there was good. But that’s kinda not the main dish.”
“The main dish is when they start buying, and I think that will happen at some point.”Magazine: US risks being ‘front run’ on Bitcoin reserve by other nations: Samson Mow
2025-10-07 04:553mo ago
2025-10-07 00:003mo ago
Bitcoin STH Whale Profits Hit $10.1 Billion, Highest For The Cycle
On-chain data shows the Bitcoin short-term holder whales are sitting on their highest unrealized gain of the cycle after the latest rally.
Bitcoin Short-Term Holder Whales Are Carrying $10.1 Billion In Profits
As pointed out by CryptoQuant community analyst Maartunn in a new post on X, the Bitcoin short-term holder whales have seen their profits hit the highest point of the cycle. The short-term holders (STHs) broadly refer to the BTC investors who purchased the cryptocurrency within the past 155 days. These holders are considered to include the “weak hands” of the market, who tend to panic at the sight of volatility.
In the context of the current topic, the STHs as a whole aren’t of relevance, but rather a specific portion of the cohort: the whales. “Whales” are defined as entities carrying more than 1,000 tokens of the asset in their wallet balance. The STH whales, therefore, would be the holders of this size who got into the market in the last five months.
Bitcoin is currently trading at price levels it has never reached before in its history, so the STHs (barring those who bought at the weekend high above $125,000) would naturally all be in profit at the moment. An indicator that can highlight the scale of their gain is the Unrealized P&L, which measures, as its name suggests, the net amount of unrealized profit/loss that Bitcoin holders are carrying right now.
Below is the chart shared by Maartunn that shows the trend in this indicator for the Bitcoin STH whales over the past year.
The value of the metric appears to have registered a huge spike in recent days | Source: @JA_Maartun on X
From the graph, it’s visible that the Bitcoin STH whales fell into the red during the cryptocurrency’s decline in late September. But with the rally in the asset, the Unrealized P&L for the group has seen a sharp recovery into the positive region, rising to a high of $10.1 billion. The analyst notes that this is a cycle high for the metric.
Given the weak nature of the STHs, it’s possible that these massive profits may entice some of these whales into exiting the market here. It now remains to be seen whether enough demand will keep coming in to absorb any such potential profit-taking.
Speaking of the STHs, the current cycle has seen two large waves of coin transfer from the long-term holders (LTHs) to the STHs, as on-chain analysis suite Checkonchain has highlighted in an X post.
The change in the supply held by the STHs over the past decade | Source: @_checkonchain on X
“3.45M BTC has shifted to Short-Term Holders this cycle, rivaling 2016–17 in scale but at 100x higher prices,” notes Checkonchain.
BTC Price
At the time of writing, Bitcoin is floating around $124,600, up around 11% over the last seven days.
The trend in the price of the coin over the last three months | Source: BTCUSDT on TradingView
Featured image from Dall-E, CryptoQuant.com, Checkonchain.com, chart from TradingView.com
2025-10-07 04:553mo ago
2025-10-07 00:063mo ago
MYX and STRK Surge Over 20%—Is This the Start of a New Altcoin Season?
The prices of MYX Finance (MYX) and Starknet (STRK) have witnessed a sharp upswing of over 20% in the past 24 hours, signaling renewed interest in mid-cap altcoins amid Bitcoin’s steady climb toward its all-time high. This sudden momentum has pushed both assets into crucial short-term resistance zones. If bullish sentiment sustains, the MYX price could eye the $0.35 region, while the STRK price may target $0.95. However, failure to maintain buying pressure could trigger a brief consolidation before the next breakout attempt.
MYX Finance Eyes a ‘V-Shaped’ RecoverySince the beginning, the MYX Finance price seems to have been following a pattern that comprises a breakout followed by a horizontal consolidation. However, the recent fallout had raised some concerns, but the BTC price hitting new highs reclaimed massive bullish momentum. Currently, the price is trying hard to validate a bullish rebound, which may mark a new ATH if it is successful.
The price has remained largely incremental since August, while the volume has witnessed an occasional increment. The current rebound does not appear to have been backed by a strong buying volume. Although the RSI and MACD point towards a bullish divergence, a rise above the local resistance at $8.4 may validate the move. This level also coincides with the ascending support, which makes these levels extremely important to achieve. Following this, the MYX price may continue to consolidate for a while before marching towards a new ATH at around $20.
Starknet (STRK) Enters Top 100The Starknet price witnessed a sudden rise in the price followed by a massive influx of buying pressure as the trading volume surged 4 times from $55 million to over $280 million. Soon after the rebound in June, the price remained consolidated between the resistance and support zone before the start of Q4 triggered a strong breakout.
The STRK price has broken above the parallel channel and has found support at the 200-day MA at the moment. The bears are trying hard to push the price below this level; however, the technicals suggest a further upside move could be possible. The RSI is again attempting to sustain within the overbought range while showing the possibility of a bearish divergence. Therefore, if the price may continue to coil up until the 200-day MA at $1.78 offers a strong base, which could propel the rally within the resistance zone between $1.88 and $1.92, further leading it above $2.
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.
Sponsored and Advertisements:Sponsored content and affiliate links may appear on our site. Advertisements are marked clearly, and our editorial content remains entirely independent from our ad partners.
2025-10-07 04:553mo ago
2025-10-07 00:083mo ago
XRP Price Trails Bitcoin – Can It Break Past The Hurdles Holding It Back?
XRP price struggled to stay above $3.020 and $3.050. The price is now consolidating gains and might correct lower toward the $2.920 zone.
XRP price is slowly moving lower below the $3.00 pivot zone.
The price is now trading below $3.00 and the 100-hourly Simple Moving Average.
There is a key declining channel forming with resistance at $3.0450 on the hourly chart of the XRP/USD pair (data source from Kraken).
The pair could start a fresh increase if it settles above $3.050.
XRP Price Faces Hurdles
XRP price started a decent increase after it settled above the $2.820 level, but it underperformed Bitcoin and Ethereum. The price was able to surpass the $2.90 and $2.950 resistance levels.
The price even climbed above $3.020 before the bears appeared. A high was formed at $3.098 and the price corrected some gains. The last swing low was formed at $2.950 before the price retested $3.050. The price is now moving lower below the 50% Fib retracement level of the recent wave from the $2.950 swing low to the $3.048 high.
The price is now trading below $3.00 and the 100-hourly Simple Moving Average. On the upside, the price might face resistance near the $3.020 level. The first major resistance is near the $3.050 level. There is also a key declining channel forming with resistance at $3.0450 on the hourly chart of the XRP/USD pair.
Source: XRPUSD on TradingView.com
A clear move above the $3.050 resistance might send the price toward the $3.080 resistance. Any more gains might send the price toward the $3.120 resistance. The next major hurdle for the bulls might be near $3.150.
Another Decline?
If XRP fails to clear the $3.030 resistance zone, it could start a fresh decline. Initial support on the downside is near the $2.9720 level or the 76.4% Fib retracement level of the recent wave from the $2.950 swing low to the $3.048 high. The next major support is near the $2.920 level.
If there is a downside break and a close below the $2.920 level, the price might continue to decline toward $2.850. The next major support sits near the $2.80 zone, below which the price could continue lower toward $2.720.
Technical Indicators
Hourly MACD – The MACD for XRP/USD is now losing pace in the bullish zone.
Hourly RSI (Relative Strength Index) – The RSI for XRP/USD is now below the 50 level.
Major Support Levels – $2.950 and $2.920.
Major Resistance Levels – $3.020 and $3.050.
2025-10-07 04:553mo ago
2025-10-07 00:133mo ago
[LIVE] Crypto News Today: Latest Updates for Oct. 07, 2025 – Bitcoin Hits All-Time High Above $126K Amid Political Stalemate, $150K in Sight
In brief
VanEck projects a $644,000 price if Bitcoin matches half of gold’s value.
Bitcoin’s market cap stands at $2.48 trillion, up 12% in the past month.
Analysts caution the target may take five to ten years amid slower, steadier growth.
Bitcoin is poised to capture half of gold’s market capitalization, according to investment firm VanEck, echoing sentiment that the world’s largest crypto mirrors the physical properties of the yellow metal.
“At today’s record gold price, that implies an equivalent value of $644,000 per Bitcoin,” Mathew Sigel, VanEck's head of digital assets research, posted in a Tuesday tweet, articulating the firm's bullish thesis of Bitcoin capturing half of gold’s $26 trillion market capitalization.
Bitcoin’s current market cap stands at approximately $2.48 trillion, and is up more than 12% over the past 30 days, according to CoinGecko data.
The forecast comes after Bitcoin surged on Tuesday to a record high of $126,080. The top crypto is down 1.20% from its peak and is currently trading at $124,529.
"VanEck's thesis is directionally correct but needs context on timing," Derek Lim, Head of Research at market-making firm Caladan, told Decrypt.
"Reaching half of gold's market cap requires a 5.6x appreciation from here,” he said. “Given Bitcoin's shift to stable, absolute dollar gains of $50,000 to 60,000 per cycle rather than exponential surges, this target is more realistic over 5 to 10 years, not necessarily within this single cycle."
The comparison comes as gold has notably outperformed Bitcoin in the near term. Year-to-date, gold is up 49%, including a 17% gain in the third quarter, while Bitcoin has returned 31% and 6.9% over the same periods, respectively, according to TradingView data.
“JPMorgan has already dubbed gold and Bitcoin the ‘debasement trade’; pairing them together is the first step,” Ryan McMillin, chief investment officer at Merkle Tree Capital, told Decrypt. “Reaching half of gold’s market cap, and eventually even parity, makes sense in that framework.”
The long viewVanEck's long-term vision is based on a few core assumptions—adoption from younger consumers in emerging markets, resolution of Bitcoin’s scalability by emerging Layer 2 solutions, and a steady increase in institutional adoption, it wrote in a July 24, 2024, blog post.
The firm's research suggests that by 2050, Bitcoin could be used to settle 10% of international trade and 5% of domestic trade, leading central banks to hold 2.5% of their assets in the crypto.
Looking further out, Lim outlined a bullish but measured trajectory for Bitcoin.
"The most likely path sees Bitcoin reaching 30 to 50% of gold's market cap within 10 years, then approaching parity later," he said.
Based on his analysis, that scenario would place Bitcoin in a range of $300,000 to $500,000 by 2035, assuming the historical growth rate moderates and key structural tailwinds, such as the generational wealth transfer and institutional adoption, remain intact.
VanEck, however, arrives at a potential long-term Bitcoin price of $2.9 million by 2050 by applying a velocity of money equation, which would translate to a total market cap of $61 trillion.
The firm further estimates that the underlying Bitcoin Layer 2 ecosystem, which facilitates that growth, could be worth an additional $7.6 trillion.
The investment firm’s ambitious long-term Bitcoin forecast stands in stark contrast to immediate technical considerations.
An event worth watchingThe last two cycles formed peaks between 500 and 550 days after the halving event. Since Bitcoin's last halving on April 20, 2024, 534 days have elapsed, raising concerns about history repeating itself.
The Bitcoin halving refers to a programmed event that occurs roughly every four years, reducing the miner block rewards by half and creating a supply scarcity.
"While the 550-day mark has historically been significant, it has not always marked the absolute peak,” Lim added.
He noted that the current cycle is fundamentally different due to the involvement of institutional investors via spot exchange-traded funds, leading to compressed volatility.
"This isn't the speculative frenzy of the past; it's the maturation of an asset class,” Lim noted, suggesting that the “86% gain on a much higher base, combined with shallow drawdowns, suggests this is sustainable growth, not a cycle nearing its expiration date."
McMillin also expects a departure from the aforementioned pattern.
“In past cycles, Bitcoin peaked around 500–550 days after the halving. This time, we expect it to run longer,” he said.
“The Fed’s rate-cutting cycle has only just begun,” he added. “While a potential Trump tariff shock would extend the inflation and debasement narrative. Put together, we see the top coming at least 180 days later than usual.”
Daily Debrief NewsletterStart every day with the top news stories right now, plus original features, a podcast, videos and more.
2025-10-07 04:553mo ago
2025-10-07 00:433mo ago
PEPE Outpaces Bitcoin, XRP After 3% Spike, Analyst Draws Parallels With Earlier 1000% Rally, Calls Price Action 'Insane'
Frog-themed memecoin Pepe (CRYPTO: PEPE) extended its rally Monday as Bitcoin's (CRYPTO: BTC) record-breaking run kept risk-on sentiment high.
PEPE Builds MomentumThe third-largest meme cryptocurrency by market capitalization spiked over 3% in the last 24 hours, with trading volume jumping 10% to $664 million.
In doing so, PEPE outperformed the more popular coins such as Bitcoin (CRYPTO: BTC), XRP (CRYPTO: XRP) and Solana (CRYPTO: SOL) in the 24-hour period.
With the latest spike, the Ethereum (CRYPTO: ETH)-based coin pushed its weekly returns to more than 9%.
PEPE's speculative market energized, with open interest surging 7.50% over the last 24 hours, according to Coinglass.
See Also: Pepe (PEPE) Price Predictions: 2025, 2026, 2030
Is PEPE Dependent On BTC?Widely followed cryptocurrency analyst Chandler drew parallels between PEPE's ongoing trajectory and February 2024, when it surged sharply.
"Once Bitcoin's RSI broke above 80, PEPE went up over +1000% in less than a month," the analyst pointed out. Notably, Bitcoin's Relative Strength Index was 71 as of this writing, according to TradingView.
As far as PEPE was concerned, the RSI remained "Neutral," while the Moving Average Convergence Divergence indicator, which compares two exponential moving averages of an asset’s price, flashed a "Buy" signal.
The optimism comes amid Bitcoin’s record-shattering rally, as the apex cryptocurrency topped $126,000 for the first time on Monday.
Price Action: At the time of writing, PEPE was exchanging hands at $$0.00001014, up 3.56% in the last 24 hours, according to data from Benzinga Pro.
Photo Courtesy: Morrowind on Shutterstock.com
Read Next:
Bitcoin To Reach $750,000 In The Next 5 Years, Pantera Capital's Dan Morehead Says
Market News and Data brought to you by Benzinga APIs
Support has shifted higher into the $0.27 zone as institutions pressed bids, with momentum now eyeing the $0.30 ceiling.Updated Oct 7, 2025, 4:47 a.m. Published Oct 7, 2025, 4:46 a.m.
Dogecoin surged to $0.27 on more than 1.1B in turnover, with whale wallets adding 30M tokens and speculation mounting around potential retirement fund inclusion. Support has shifted higher into the $0.27 zone as institutions pressed bids, with momentum now eyeing the $0.30 ceiling.
News BackgroundDOGE rose 6% between Oct. 6, 04:00 and Oct. 7, 03:00, climbing from $0.25 to $0.27. The rally was underpinned by heavy accumulation flows — mid-tier and large holders adding over 30M tokens — and exchange outflows equivalent to $25M. Market chatter pointed to SEC approval odds for 401(k) eligibility, mirroring Bitcoin and Ethereum’s retirement integration. Analysts flagged ascending triangle formations and cyclical signals targeting $0.30–$0.35.
STORY CONTINUES BELOW
Price Action SummaryDOGE traded a 7% band between $0.25 and $0.27.Breakout accelerated during the 14:00–15:00 window on 1.15B tokens, the heaviest turnover in weeks.Price topped at $0.27 into late afternoon, where fresh resistance emerged.Final session saw consolidation around $0.27 with diminishing volumes, viewed as profit-taking rather than structural weakness.Technical AnalysisSupport has moved up to $0.27 following multiple defenses, while resistance is firm at $0.27–$0.30. The chart structure reflects an ascending triangle, with higher lows pressing toward the ceiling. Analysts also highlight a 42-day cyclical signal aligning with the breakout attempt. Sustained closes above $0.27 are required to confirm momentum toward the $0.30–$0.35 zone.
What Traders Are Watching?Whether DOGE can flip $0.27 into a durable support.A breakout through $0.30 to validate technical targets into the $0.32–$0.35 zone.Confirmation of whale-led accumulation as exchange outflows tighten supply.Potential regulatory headlines on retirement fund eligibility driving mainstream flows.More For You
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
More For You
Asia Morning Briefing: Regional Crypto Power Balance Is Shifting as Japan 'Ready to Pop’
3 hours ago
On the sidelines of Token2049 in Singapore, crypto execs kept returning to the same theme: Tokyo is becoming the region’s new crypto capital.
What to know:
Japan is emerging as Asia's leading crypto market due to its established regulatory framework and institutional growth.Singapore's rapid regulatory tightening has increased compliance costs, pushing some crypto firms to leave.Bitcoin and Ethereum are experiencing significant market movements, with Bitcoin surpassing $126,000 and Ethereum seeing increased institutional interest.Read full story