Toronto, Oct. 16, 2025 (GLOBE NEWSWIRE) -- Demand for pay-over-time options is growing across North America, with nearly half of U.S. consumers now preferring it over credit cards, according to Affirm research. Responding to this shift, FreshBooks, a leading financial operating software built for service-based small businesses, today announced a partnership with Affirm (NASDAQ: AFRM), the payment network that empowers consumers and helps merchants drive growth.
Starting today, FreshBooks Payments customers in the U.S. and Canada can offer Affirm’s flexible, transparent pay-over-time options when invoicing eligible clients. By paying with Affirm, approved clients can split eligible purchases into budget-friendly biweekly or monthly plans, for as low as 0% APR. As always, Affirm does not charge any late or hidden fees, ever.
“Small business owners need tools that match how clients want to pay, which is why we’re thrilled to offer Affirm directly within FreshBooks Payments invoices,” said Andrew Gunner, Head of Product at FreshBooks. “By giving their clients a smarter, more flexible way to pay for services, FreshBooks customers can win more jobs, drive customer loyalty, and fuel long-term growth—setting them up for success in today’s competitive business environment.”
Offering Affirm at checkout can help businesses drive overall sales, increase average order values, and reach new customers. FreshBooks customers can learn more here about offering Affirm to their clients.
About FreshBooks
FreshBooks is a purpose-built financial management system that helps service-based small businesses simplify every aspect of running their business — from invoicing and expenses to payroll and payments — bringing together the tools owners need to manage finances, save time, and stay organized. Headquartered in Canada, FreshBooks supports business owners around the world. Follow FreshBooks on social media: LinkedIn | Instagram | Facebook | X.
About Affirm
Affirm’s mission is to deliver honest financial products that improve lives. By building a new kind of payment network — one based on trust, transparency and putting people first — we empower millions of consumers to spend and save responsibly, and give thousands of businesses the tools to fuel growth. Unlike most credit cards and other pay-over-time options, we never charge any late or hidden fees. Follow Affirm on social media: LinkedIn | Instagram | Facebook | X.
Rates from 0-36% APR. Payment options through Affirm are subject to an eligibility check, may not be available everywhere, and are provided by these lending partners: affirm.com/lenders. CA residents: Loans by Affirm Loan Services, LLC are made or arranged pursuant to a California Financing Law license. For licenses and disclosures, see affirm.com/licenses.
In Canada, payment options are through Affirm Canada Holdings Ltd and rates will be 0–31.99% APR (where available and subject to provincial regulatory limitations).
2025-10-16 11:334mo ago
2025-10-16 07:304mo ago
Bombardier to Report Third-Quarter 2025 Financial Results on November 6, 2025
MONTREAL, Oct. 16, 2025 (GLOBE NEWSWIRE) -- Bombardier (TSX: BBD.B) will publish its financial results for the third quarter of 2025 on November 6, 2025.
Financial results for the third quarter of 2025
Éric Martel, President and Chief Executive Officer, and Bart Demosky, Executive Vice President and Chief Financial Officer, will present the financial results for the third quarter of 2025 in a live presentation, followed by a question-and-answer period with analysts.
The presentation will take place on November 6, 2025, at 8:00 a.m. ET. To listen in:
Live webcast (recommended):
A live webcast of the financial results presentation, along with the relevant financial charts, will be available on this webpage.By phone:
The presentation may also be accessed by telephone. Phone lines will open 15 minutes in advance. Local dial-in number - Montreal (English and French):
+1 438 792-9840
Local dial-in number - Toronto (English and French):
+1 289 514-5015
(Conference ID English: 29213 | Conference ID French: 16333)
A replay of the call will be posted on Bombardier’s website shortly following the end of the webcast.
About Bombardier
At Bombardier (BBD-B.TO), we design, build, modify and maintain the world’s best-performing aircraft for the world’s most discerning people and businesses, governments and militaries. That means not simply exceeding standards, but understanding customers well enough to anticipate their unspoken needs.
For them, we are committed to pioneering the future of aviation — innovating to make flying more reliable, efficient and sustainable. And we are passionate about delivering unrivaled craftsmanship and care, giving our customers greater confidence and the elevated experience they deserve and expect. Because people who shape the world will always need the most productive and responsible ways to move through it.
Bombardier customers operate a fleet of approximately 5,100 aircraft, supported by a vast network of Bombardier team members worldwide and 10 service facilities across six countries. Bombardier’s performance-leading jets are proudly manufactured in aerostructure, assembly and completion facilities in Canada, the United States and Mexico. In 2024, Bombardier was honoured with the prestigious “Red Dot: Best of the Best” award for Brands and Communication Design.
For Information
For corporate news and information, including Bombardier’s Sustainability Report, as well as the company’s plans to cover all its flight operations with a Sustainable Aviation Fuel (SAF) blend utilizing the Book and Claim system, visit
bombardier.com. Learn more about Bombardier’s industry-leading products and customer service network at
bombardier.com. Follow us on X
@Bombardier.
Media Contacts
General media contact webform
Francis Richer de La Flèche
Vice President, Financial Planning
and Investor Relations
Bombardier
+1 514 240-9649Mark Masluch
Senior Director, Communications
Bombardier
+1 514 855-7167
2025-10-16 11:334mo ago
2025-10-16 07:304mo ago
Watsco to Host Investor Day to Showcase Transformational Technologies and New Strategies that Enhance Long-Term Growth and Profitability
MIAMI, Oct. 16, 2025 (GLOBE NEWSWIRE) -- Watsco, Inc. (NYSE: WSO) announced today it will hold a meeting for institutional investors and analysts on Thursday December 11, 2025 in Coral Gables, Florida. The event will begin at 9:00 a.m. Eastern Time and will be webcast live on the Company’s website www.watsco.com. Attendees interesting in joining the event in person are asked to email [email protected] for additional details.
Watsco has transformed the HVAC/R distribution landscape with leading-edge technologies that have elevated the customer experience and created the industry’s leading digital ecosystem for HVAC/R contractors, resulting in new customer acquisition and market share gains. In addition, the Company has invested in internal-facing technologies designed to enhance profitability and operating efficiency.
Looking ahead, Watsco is launching new platforms and investing further to sustain and grow its competitive advantage in the fragmented $74 billion HVAC/R distribution market. The investor day agenda will include updates to the Company’s core technology platforms and previews of new innovations the Company believes will contribute to long-term growth and profitability.
A.J. Nahmad, Watsco’s President, commented: “We are excited to host our key stakeholders for what should be an informative session on our technology and growth strategy moving forward. We are emboldened by the progress we have made in transforming our industry, and we are equally excited about the investments we are making to delight customers, expand our leadership position, gain market share and achieve even greater scale.”
About Watsco
Watsco is the largest distributor in the highly-fragmented $74 billion North American market for HVAC products. Since entering distribution in 1989, Watsco has achieved an 18% compounded annual total-shareholder return through a combination of strong organic growth and the acquisition of more than 70 market-leading businesses.
Watsco’s solid financial position and culture of innovation has enabled investments in long-term growth, including the Company’s industry-leading technology platforms. Today, more than 70,000 contractors, installers and technicians engage with the Company’s platforms, resulting in improved growth and lower attrition. The Company is now advancing AI-driven initiatives to leverage its extensive data assets to enhance the customer experience and improve efficiencies. These investments position Watsco to capture market share as contractors increasingly adopt digital tools and incorporate data-driven solutions in their businesses.
This document includes certain “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements may address, among other things, our expected financial and operational results and the related assumptions underlying our expected results. These forward-looking statements are distinguished by use of words such as “will,” “would,” “anticipate,” “expect,” “believe,” “designed,” “plan,” or “intend,” the negative of these terms, and similar references to future periods. These statements are based on management's current expectations and are subject to uncertainty and changes in circumstances. Actual results may differ materially from these expectations due to changes in economic, business, competitive market, new housing starts and completions, capital spending in commercial construction, consumer spending and debt levels, regulatory and other factors, including, without limitation, the effects of supplier concentration, competitive conditions within Watsco’s industry, the seasonal nature of sales of Watsco’s products, the ability of the Company to expand its business, insurance coverage risks and final GAAP adjustments.
Detailed information about these factors and additional important factors can be found in the documents that Watsco files with the Securities and Exchange Commission, such as Form 10-K, Form 10-Q and Form 8-K. Forward-looking statements speak only as of the date the statements were made. Watsco assumes no obligation to update forward-looking information to reflect actual results, changes in assumptions or changes in other factors affecting forward-looking information, except as required by applicable law.
Barry S. Logan
Executive Vice President
(305) 714-4102
e-mail: [email protected]
2025-10-16 11:334mo ago
2025-10-16 07:304mo ago
Aptose's Tuspetinib Exceeds Expectations When Combined with Standard of Care Treatment Across Diverse Populations of Newly Diagnosed AML
Addition of TUS to VEN+AZA achieves CR/CRh responses in all (6/6, 100%) patients treated at the higher dose levels of 80 mg and 120 mg TUS, exceeding the 66% rate expected from VEN+AZA alone
CR/CRh responses in 7/8 (88%) FLT3 wildtype AML, representing 70% of AML population
TUS+VEN+AZA achieves CR/CRh and MRD-negativity in TP53-mutated (2/2), RAS-mutated (1/1) and FLT3-ITD (2/2) AML patients to date
TUS+VEN+AZA is well tolerated with no DLT, differentiation syndrome, QTc prolongation, or prolonged myelosuppression at any dose level to date in newly diagnosed AML patients
TUS+VEN+AZA is being developed as a safe and mutation agnostic frontline therapy for AML
Dosing with 160 mg TUS is now ongoing
SAN DIEGO and TORONTO, Oct. 16, 2025 (GLOBE NEWSWIRE) -- Aptose Biosciences Inc. (“Aptose” or the “Company”) (OTC: APTOF, TSX: APS), a clinical-stage precision oncology company developing the tuspetinib (TUS)-based triple drug frontline therapy to treat patients with newly diagnosed AML, today announced that data from the ongoing TUSCANY trial of tuspetinib in combination with venetoclax and azacitidine (TUS+VEN+AZA) are being presented in a poster presentation, “TUSCANY Study of Safety and Efficacy of Tuspetinib plus Standard of Care Venetoclax and Azacitidine in Study Participants with Newly Diagnosed AML Ineligible for Induction Chemotherapy,” at the European School of Haematology (ESH) 7th International Conference on Acute Myeloid Leukemia “Molecular and Translational”: Advances in Biology and Treatment, being held from October 16-18, 2025 in Estoril, Portugal. Data to date from 10 patients in the TUSCANY trial across all three cohorts, 40 mg, 80 mg or 120 mg TUS dose in TUS+VEN+AZA, reveal promising clinical safety and antileukemic activity and support the use of TUS with standard of care treatment across a broad range of AML populations, including those carrying adverse mutations regardless of FLT3 mutation status.
The TUS+VEN+AZA triplet is being developed as a safe and well-tolerated, mutation agnostic frontline therapy to treat large, mutationally diverse populations of newly diagnosed AML patients who are ineligible to receive induction chemotherapy. Across all dose cohorts to date, no significant safety concerns or dose limiting toxicities (DLTs) have been observed in the TUSCANY trial, including no prolonged myelosuppression in Cycle 1 of subjects in remission, no reports of drug-related QTc prolongation or differentiation syndrome (DS), no CPK elevation and no treatment-related deaths. Dosing has begun at the 160 mg TUS dose level.
“We have observed that TUS can be safely added to a backbone VEN+AZA without needing to reduce the dose of these standard-of-care drugs. The activity we have observed with the TUS triplet in the first 10 patients has exceeded our expectations with 9 achieving complete remissions and 7 demonstrating MRD-negativity by central flow cytometry,” said Rafael Bejar, M.D., Ph.D., Chief Medical Officer of Aptose. “In addition, these remissions are happening in diverse genetic subtypes including those with unmutated FLT3, FLT3-ITD, NPM1c, biallelic TP53 with complex karyotype, RAS, or myelodysplasia related mutations, making this a truly mutation agnostic therapy.”
Data highlights:
TUS in combination with standard dosing of VEN+AZA has been well tolerated with no DLT, no treatment-related deaths, no differentiation syndrome, no QTc prolongation, no prolonged myelosuppression after remission in Cycle 1, and no CPK elevations reported at any dose levels to date in these newly diagnosed AML patients.
Addition of TUS to VEN+AZA achieved CR/CRh responses in 6/6 (100%) patients treated at the higher dose levels of 80 mg and 120 mg TUS, exceeding the 66% rate expected from VEN+AZA alone.
Overall, TUS+VEN+AZA CR/CRh responses were observed in 9/10 (90%) patients.
7 of 8 (88%) CR/CRh responses in FLT3 wildtype AML, representing 70% of AML population. TUS+VEN+AZA MRD-negativity noted in 7/9 (78%) responding patients by central flow cytometry. CR/CRh responses achieved across diverse mutational subtypes including: unmutated FLT3, FLT3-ITD, NPM1c, biallelic TP53 with complex karyotype, RAS, and myelodysplasia related mutations. Dosing at the TUS 160 mg dose level is now ongoing.
See the ESH poster presentation here.
TUSCANY: TUS+VEN+AZA Triplet Phase 1/2 Study
The tuspetinib-based TUS+VEN+AZA triplet therapy is being advanced in the TUSCANY Phase 1/2 trial with the goal of creating an improved frontline therapy for newly diagnosed AML patients that is active across diverse AML populations, durable, and well tolerated.
The TUSCANY triplet Phase 1/2 study, being conducted at 10 leading U.S. clinical sites by elite clinical investigators, is designed to test various doses and schedules of TUS in combination with standard dosing of AZA and VEN for patients with AML who are ineligible to receive induction chemotherapy. A convenient, once daily oral agent, TUS is being administered in 28-day cycles. Multiple U.S. sites are enrolling in the TUSCANY trial with anticipated enrollment of 18-24 patients by the end of 2025. Data will be released as it becomes available.
More information on the TUSCANY Phase 1/2 study can be found on www.clinicaltrials.gov (here).
About Aptose
Aptose Biosciences is a clinical-stage biotechnology company committed to developing precision medicines addressing unmet medical needs in oncology, with an initial focus on hematology. The Company’s lead clinical-stage, oral kinase inhibitor tuspetinib (TUS) has demonstrated activity as a monotherapy and in combination therapy in patients with relapsed or refractory acute myeloid leukemia (AML) and is being developed as a frontline triplet therapy in newly diagnosed AML. For more information, please visit www.aptose.com.
Forward Looking Statements
This press release may contain forward-looking statements within the meaning of Canadian and U.S. securities laws, including, but not limited to, statements relating to the therapeutic potential and safety profile of tuspetinib (including the triplet therapy) and its clinical development, goals, the anticipated enrollment rate in the TUSCANY trial and the timing thereof, as well as statements relating to the Company’s plans, objectives, expectations and intentions and other statements including words such as “continue”, “expect”, “intend”, “will”, “should”, “would”, “may”, and other similar expressions. Such statements reflect our current views with respect to future events and are subject to risks and uncertainties and are necessarily based upon a number of estimates and assumptions that, while considered reasonable by us are inherently subject to significant business, economic, competitive, political and social uncertainties and contingencies. Many factors could cause our actual results, performance or achievements to be materially different from any future results, performance or achievements described in this press release. Such factors could include, among others: our ability to obtain the capital required for research and operations and to continue as a going concern; the inherent risks in early stage drug development including demonstrating efficacy; development time/cost and the regulatory approval process; the progress of our clinical trials; our ability to find and enter into agreements with potential partners; our ability to attract and retain key personnel; changing market conditions; inability of new manufacturers to produce acceptable batches of GMP in sufficient quantities; unexpected manufacturing defects; and other risks detailed from time-to-time in our ongoing quarterly filings, annual information forms, annual reports and annual filings with Canadian securities regulators and the United States Securities and Exchange Commission.
Should one or more of these risks or uncertainties materialize, or should the assumptions set out in the section entitled “Risk Factors” in our filings with Canadian securities regulators and the United States Securities and Exchange Commission underlying those forward-looking statements prove incorrect, actual results may vary materially from those described herein. These forward-looking statements are made as of the date of this press release and we do not intend, and do not assume any obligation, to update these forward-looking statements, except as required by law. We cannot assure you that such statements will prove to be accurate as actual results and future events could differ materially from those anticipated in such statements. Investors are cautioned that forward-looking statements are not guarantees of future performance and accordingly investors are cautioned not to put undue reliance on forward-looking statements due to the inherent uncertainty therein.
For further information, please contact:
Aptose Biosciences Inc.
Susan Pietropaolo
Corporate Communications & Investor Relations
201-923-2049 [email protected]
2025-10-16 11:334mo ago
2025-10-16 07:304mo ago
Crombie REIT Announces October 2025 Monthly Distribution
October 16, 2025 7:30 AM EDT | Source: Crombie Real Estate Investment Trust
New Glasgow, Nova Scotia--(Newsfile Corp. - October 16, 2025) - Crombie Real Estate Investment Trust (TSX: CRR.UN) ("Crombie") today announced a distribution of $0.07500 per Unit for the period from October 1, 2025, to and including October 31, 2025.
The distribution will be payable on November 14, 2025, to Unitholders of record as at October 31, 2025.
About Crombie REIT
Crombie invests in real estate with a vision of enriching communities together by building spaces and value today that leave a positive impact on tomorrow. As one of the country's leading owners, operators, and developers of quality real estate assets, Crombie's portfolio primarily includes grocery-anchored retail, retail-related industrial, and mixed-use residential properties. As at June 30, 2025, our portfolio contained 306 properties comprising approximately 18.8 million square feet, inclusive of joint ventures at Crombie's share, and a significant pipeline of future development projects. Learn more at www.crombie.ca.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/269065
2025-10-16 11:334mo ago
2025-10-16 07:304mo ago
Pacific Ridge Intersects 112.2 m of 1.35% Copper Equivalent or 2.02 g/t Gold Equivalent at the RDP Copper-Gold Project
Vancouver, British Columbia--(Newsfile Corp. - October 16, 2025) - Pacific Ridge Exploration Ltd. (TSXV: PEX) (OTCQB: PEXZF) (FSE: PQW) ("Pacific Ridge" or the "Company") is pleased to announce that drill hole RDP-25-011 intersected 112.2m of 1.35% copper equivalent* ("CuEq") or 2.02 g/t gold equivalent** ("AuEq") within 405.0 m of 0.71% CuEq or 1.06 g/t AuEq from the Day target at the Company's 100% owned RDP copper-gold project ("RDP").
2025-10-16 11:334mo ago
2025-10-16 07:304mo ago
Talon Metals Donates Core Sample to Smithsonian National Museum of Natural History
Continued support for Talon from the Department of War
October 16, 2025 7:30 AM EDT | Source: Talon Metals Corp.
Tamarack, Minnesota--(Newsfile Corp. - October 16, 2025) - Talon Metals Corp. (TSX: TLO) (OTCID: TLOFF) ("Talon" or the "Company"), the majority owner and operator of the Tamarack Nickel-Copper-Cobalt Project in central Minnesota (the "Tamarack Nickel Copper Project"), announced today that is donating nickel core samples from the Tamarack Nickel Copper Project to the Smithsonian National Museum of Natural History to be accessioned into the permanent collection.
Figure 1: Polished core samples from drill hole 25TK0563 heading to the Smithsonian National Museum of Natural History
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/2443/270622_697f7763649e4b2c_001full.jpg
Highlights
Drill core samples from the Tamarack Nickel Copper Project's Vault Zone discovery will be accessioned into the collection of the Smithsonian National Museum of Natural History.Two 20 centimeter drill core samples taken within the interval from 796.5 meters to 798 meters in drill hole 25TK0563 grading 19.4% Ni, 13.8% Cu, 0.12% Co, 15.85 g/t Au, 31.7 g/t Pt, 13.6 g/t Pd, and 45.2 g/t Ag (40.81% NiEq or 81.30% CuEq) will be hand delivered to the Smithsonian National Museum of Natural History later this fall (see the Company's press release from June 5, 2025 for further technical information).This drill core represents a significant scientific sample from within the 1.1-billion-year-old Midcontinent Rift.Ongoing Progress and Momentum with Department of War Support
With continuing support from the Department of War ("DOW") since 2023 via funds awarded through Title III of the Defense Production Act, Talon has been accelerating rapid discovery and delineation of domestic nickel, copper, and other critical minerals in Minnesota and Michigan (see the Company's press release from September 12, 2023 for further details). Since that time, Talon has utilized its integrated exploration team to successfully make new discoveries in both Minnesota and Michigan. As the Tamarack Nickel Copper Project is now in the feasibility study phase, existing DOW funding will now support the feasibility study and the requisite engineering and environmental study inputs. The feasibility study is a critical path requirement to support the environmental review and permitting process in advance of construction."The ability to ensure the long-term preservation of this Tamarack sample by the Smithsonian is an honor for our team, and highlights the scientific significance of this discovery," said Henri van Rooyen, CEO of Talon. "At the same time, the Department of War is helping to ensure that we can continue to move this project forward to production—so that America can secure its own supply of nickel, copper, and platinum group metals," van Rooyen added. "It is clear that Tamarack nickel is both a scientific treasure and a strategic resource for the United States."
Congressman Stauber added, "This discovery is truly extraordinary—in not just one, but several U.S. critical minerals vital to national security, with grades that rank among the best in the world. Even the by-products are world-class. That's why it's headed to the Smithsonian, and why it's a game-changer for America's resource independence."
Talon Board Update
After careful consideration, Mr. Sean Werger has decided to step down from Talon Metals Corp.'s board of directors in order to dedicate more time to his professional commitments. Mr. Werger stated, "I have greatly valued my time at Talon and on the Board. I remain a strong supporter of the Company and wish the team every success moving forward." The entire Talon team thanks Mr. Werger for his insight and leadership during his tenure.
QUALITY ASSURANCE, QUALITY CONTROL AND QUALIFIED PERSONS
Dr. Etienne Dinel, Vice President, Geology of Talon, is a Qualified Person within the meaning of NI 43-101. Dr. Dinel is satisfied that the analytical and testing procedures used are standard industry operating procedures and methodologies, and he has reviewed, approved and verified the technical information disclosed in this news release, including sampling, analytical and test data underlying the technical information.
Where used in this news release:
NiEq% = Ni% + Cu% x $4.00/$8.00 x Cu Recovery/Ni Recovery + Co% x $20.00/$8.00 x Co Recovery/Ni Recovery + Pt [g/t]/31.103 x $1,000/$8.00/22.04 x Pt Recovery/Ni Recovery + Pd [g/t]/31.103 x $1,000/$8.00/22.04 x Pd Recovery/Ni Recovery + Au [g/t]/31.103 x $2,000/$8.00/22.04 x Au Recovery/Ni Recovery + Ag [g/t]/31.103 x $20.00/$8.00/22.04 x Ag Recovery/Ni Recovery
CuEq% = Cu%+ Ni% x $8.00/$4.00 x Ni Recovery/Cu Recovery + Co% x $20.00/$4.00 x Co Recovery/Cu Recovery + Pt [g/t]/31.103 x $1,000/$4.00/22.04 x Pt Recovery/Cu Recovery + Pd [g/t]/31.103 x $1,000/$4.00/22.04 Pd Recovery/Cu Recovery + Au [g/t]/31.103 x $2,000/$4.00/22.04 Au Recovery/Cu Recovery + Ag [g/t]/31.103 x $20.00/$4.00/22.04 x Ag Recovery/Cu Recovery
For Ni and Cu recoveries, please refer to the formulae in the technical report entitled "November 2022 National Instrument 43-101 Technical Report of the Tamarack North Project – Tamarack, Minnesota" with an effective date of November 2, 2022. Recovery of Ni to the Cu concentrate was excluded from the NiEq calculation. The following recoveries were used for the other metals: 64.1% for Co, 82.5% for Pt, 69.3% for Pd and 72.6% for Au and Ag.
ABOUT TALON
Talon is a TSX-listed base metals company in a joint venture with Rio Tinto on the high-grade Tamarack Nickel-Copper-Cobalt Project located in central Minnesota. Talon's shares are also traded in the US over the OTC market under the symbol TLOFF. The Tamarack Nickel Copper Project comprises a large land position (18km of strike length) with additional high-grade intercepts outside the current resource area. Talon has an earn-in right to acquire up to 60% of the Tamarack Nickel Copper Project and currently owns 51%. Talon has a neutrality and workforce development agreement in place with the United Steelworkers union. Talon's Battery Mineral Processing Facility in Mercer County was selected by the US Department of Energy for US$114.8 million funding grant from the Bipartisan Infrastructure Law and the US Department of War awarded Talon a grant of US$20.6 million to support and accelerate Talon's exploration efforts in both Minnesota and Michigan. Talon has well-qualified experienced exploration, mine development, external affairs and mine permitting teams.
FORWARD-LOOKING STATEMENTS
This news release contains certain "forward-looking statements". All statements, other than statements of historical fact that address activities, events or developments that the Company believes, expects or anticipates will or may occur in the future are forward-looking statements. These forward-looking statements reflect the current expectations or beliefs of the Company based on information currently available to the Company. Such forward-looking statements include statements relating to future funding from the DOW and completion of a feasibility study. Forward-looking statements are subject to significant risks and uncertainties and other factors that could cause the actual results to differ materially from those discussed in the forward-looking statements, and even if such actual results are realized or substantially realized, there can be no assurance that they will have the expected consequences to, or effects on the Company.
Any forward-looking statement speaks only as of the date on which it is made and, except as may be required by applicable securities laws, the Company disclaims any intent or obligation to update any forward-looking statement, whether as a result of new information, future events or results or otherwise. Although the Company believes that the assumptions inherent in the forward-looking statements are reasonable, forward-looking statements are not guarantees of future performance and accordingly undue reliance should not be put on such statements due to the inherent uncertainty therein.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/270622
October 16, 2025 7:30 AM EDT | Source: Nevada Sunrise Metals Corp.
Vancouver, British Columbia--(Newsfile Corp. - October 16, 2025) - Nevada Sunrise Metals Corporation (TSXV: NEV) (OTC Pink: NVSGF) ("Nevada Sunrise" or the "Company") is pleased to announce a non-brokered private placement (the "Offering") for gross proceeds of up to $350,000 consisting of 7,000,000 units (the "Units") at a price of $0.05 per Unit, each Unit consisting of one common share of the Company and one common share purchase warrant (a "Warrant"). Each Warrant will entitle the holder to purchase one common share at a price of $0.075 for a period expiring three years from the closing date of the Offering.
Proceeds of the Offering will be used for:
Exploration work on the Company's Nevada gold, copper and lithium properties; Other mineral property investigations, and general working capital. The Offering is available to accredited investors and individuals that may qualify under certain other statutory exemptions. The securities issued pursuant to the Offering will be subject to a statutory four-month hold period. Finder's fees may be payable to parties at arm's length to Nevada Sunrise that have introduced the Company to certain subscribers participating in the Offering. The Offering is subject to acceptance of the TSX Venture Exchange.
This news release does not constitute an offer of sale of any of the foregoing securities in the United States. None of the foregoing securities have been and will not be registered under the U.S. Securities Act of 1933, as amended (the "1933 Act") or any applicable state securities laws and may not be offered or sold in the United States or to, or for the account or benefit of, U.S. persons (as defined in Regulation S under the 1933 Act) or persons in the United States absent registration or an applicable exemption from such registration requirements. This news release does not constitute an offer to sell or the solicitation of an offer to buy nor will there be any sale of the foregoing securities in any jurisdiction in which such offer, solicitation or sale would be unlawful.
About Nevada Sunrise
Nevada Sunrise is a junior mineral exploration company with a strong technical team based in Vancouver, BC, Canada, that holds interests in gold, copper and lithium exploration projects located in the State of Nevada, USA.
Nevada Sunrise holds the right to purchase a 100% interest in the Griffon Gold Mine Project, located approximately 50 kilometers (33 miles) southwest of Ely, NV.
Nevada Sunrise holds the right to earn a 100% interest in the Coronado Copper Project, located approximately 48 kilometers (30 miles) southeast of Winnemucca, NV.
Nevada Sunrise owns 100% interests in the Gemini West, Jackson Wash and Badlands lithium projects, all of which are located in the Lida Valley in Esmeralda County, NV.
As a complement to its exploration projects in Esmeralda County, the Company owns Nevada Water Right Permit 86863, also located in the Lida Valley basin, near Lida, NV.
FORWARD-LOOKING STATEMENTS
This release may contain forward‐looking statements. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects", "plans", "anticipates", "believes", "intends", "estimates", "projects", "potential" and similar expressions, or that events or conditions "will", "would", "may", "could" or "should" occur and include disclosure of anticipated exploration activities. Although the Company believes the expectations expressed in such forward‐looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in forward-looking statements. Forward‐looking statements are based on the beliefs, estimates and opinions of the Company's management on the date such statements were made. The Company expressly disclaims any intention or obligation to update or revise any forward‐looking statements whether as a result of new information, future events or otherwise.
Such factors include, among others, risks related to future plans for the Company's Nevada mineral properties; reliance on technical information provided by third parties on any of our exploration properties; changes in mineral project parameters as plans continue to be refined; current economic conditions; future prices of commodities; possible variations in grade or metallurgical recovery rates; failure of equipment or processes to operate as anticipated; the failure of contracted parties to perform; labor disputes and other risks of the mining industry; delays due to pandemic; delays due to weather; delays in obtaining governmental approvals, financing or in the completion of exploration, as well as those factors discussed in the section entitled "Risk Factors" in the Company's Management Discussion and Analysis for the Nine Months ending June 30, 2025, which is available under Company's SEDAR profile at www.sedarplus.ca.
Although Nevada Sunrise has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking information, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate as actual results and future events could differ materially from those anticipated in such statements. Nevada Sunrise disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise. Accordingly, readers should not place undue reliance on forward-looking information.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
NOT FOR DISSEMINATION IN THE UNITED STATES OR TO UNITED STATES NEWSWIRE SERVICES
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/270668
2025-10-16 11:334mo ago
2025-10-16 07:304mo ago
Blaqclouds Joins the Made by Ape Program as Authorized Licensee
Robesonia, PA, October 16, 2025 – PRISM MediaWire (Press Release Service – Press Release Distribution) – Blaqclouds, Inc., a Nevada corporation (OTC: BCDS), is proud to announce that it has been officially approved as a Made by Ape licensee, joining a select group of creators and companies granted permission to use the “Made by Apes” designation in alignment with the BAYC and MAYC ecosystem. You can confirm Blaqclouds’ listing here: Made by Ape Bodega Listing
This designation recognizes Blaqclouds as part of the Made by Ape community, a unique Web3 licensing platform created by Yuga Labs that enables holders of Bored Ape Yacht Club (BAYC) and Mutant Ape Yacht Club (MAYC) NFTs to legally commercialize their Ape-based projects under an authenticated license.
Why is this Made by Ape Authorized Licensee Important?
Funding opportunities
LFG Ventures: An initiative within ApeChain, LFG Ventures provides funding to promising MBA-licensed projects and businesses. The initiative is designed to be sustainable, covering its own expenses through DeFi strategies while offering funding, often in exchange for revenue-sharing agreements.
Swamproots Builder Initiative: As part of the ApeCo, the Swamproots Builder Initiative funds on-chain projects that help create a sustainable future for ApeChain and the ApeCoin community. The initiative funds a diverse range of projects from dApps to gaming, with funding distributed as grantees complete key milestones.
ApeCoin ApeChain Grants: Made by Apes businesses can directly apply for funding through the official ApeChain proposal process (APPs). This decentralized process allows community members to vote on which projects receive funding from the ApeChain treasury.
Delegated ApeCoin: In September 2024, Yuga Labs announced it would delegate 6.5 million $APE to Made by Apes license holders once ApeChain goes live. In Q3 2025, ApeCo went live. This delegation gives MBA builders a greater voice within the ApeChain ecosystem.
Legitimacy & Compliance: As an approved licensee, Blaqclouds can safely use the Made by Ape branding in its products and marketing, assuring users that the company is recognized in the BAYC and MAYC ecosystem.
Transparency & Authenticity: Licenses are recorded on-chain, and licensees appear in the “Bodega” directory, which functions as a public registry of vetted Ape-based projects.
Partnership opportunities
Strategic Collaborations with Yuga Labs: One of the most powerful opportunities within the Made by Apes (MBA) ecosystem comes from direct partnerships with Yuga Labs. A prime example is Bored Brewing Co., an MBA brand that collaborated with both Yuga Labs and BAPE to launch the official Bored Ape Beer — setting a precedent for future co-branded ventures.
Premier Access to ApeFest Events: MBA brands are frequently featured at flagship events like ApeFest, which serve as launchpads for innovation and visibility. At ApeFest 2024, a dedicated pitch competition for MBA projects drew attention from across the Web3 space and cultivated invaluable real-world connections. With ApeFest 2025 set for Las Vegas, MBA brands can anticipate even greater exposure and engagement.
Embedded Community Support: The BAYC Council and affiliated community groups actively promote MBA brands through newsletters, social content, and IRL events. Monthly highlights give both new and established builders a platform to connect with thousands of BAYC holders and supporters.
Ecosystem Brand Collaborations: The MBA network attracts top-tier partners from across Web3. For instance, Blaqclouds, a leading crypto payments company, has partnered with ApeGames and Bored Trading Co. to support and power payment solutions for MBA-certified businesses.
Verified Brand Identity On-Chain: Each Made by Apes project is authenticated via an on-chain certification, giving customers and partners a verifiable mark of trust. This blockchain-verified credential strengthens a brand’s reputation and helps differentiate it in an increasingly crowded Web3 market.
Amplified Marketing and Visibility: MBA brands benefit from official communications, newsletters, and community-driven media, unlocking broad exposure at no additional cost. This access to a highly engaged and loyal audience gives MBA licensees unmatched marketing firepower within the Web3 space.
“Securing our MBA license is a powerful validation of our mission at Blaqclouds,” said Shannon Hill, CEO of Blaqclouds. “Being officially recognized as a Made by Apes licensee gives us an on-chain seal of authenticity that connects us directly to one of the most culturally significant communities in Web3. This milestone empowers our efforts to bridge Web2 utility with decentralized identity and payment solutions — giving over 160,000 $APE wallet holders real-world spendability and granting the 480+ MBA projects immediate access to ZEUSxPay for accepting APE as a form of decentralized payment. It’s not just a license — it’s a strategic alliance with the future of tokenized commerce.”
Shannon Hill, CEO of Blaqclouds
About Blaqclouds, Inc.
Blaqclouds bridges traditional finance and decentralized ecosystems, building seamless, real-world blockchain applications that simplify commerce and payments. Its mission is to make spending crypto as easy, trusted, and usable as traditional currency.
For a full list of platforms and solutions from Blaqclouds Nevada and Wyoming, visit: www.blaqclouds.io.
Forward-Looking Statements
This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, which are intended to be covered by the safe harbors created thereby. Investors are cautioned that, all forward-looking statements involve risks and uncertainties, including without limitation, the ability of Blaqclouds, Inc. to accomplish its stated plan of business. Blaqclouds, Inc. believes that the assumptions underlying the forward-looking statements contained herein are reasonable, any of the assumptions could be inaccurate, and therefore, there can be no assurance that the forward-looking statements included in this press release will prove to be accurate. In light of the significant uncertainties inherent in the forward-looking statements included herein, the inclusion of such information should not be regarded as a representation by Blaqclouds Inc. or any other person. This press release also contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements involve certain risks and uncertainties that may cause actual results to differ materially. Blaqclouds, Inc. assumes no obligation to update or revise any forward-looking statements.
Media Contact
Blaqclouds, Inc.
c/o www.theAlley.io
Email: [email protected]
Phone: 307-323-4430
Website: www.blaqclouds.io
Source: Blaqclouds, Inc.
2025-10-16 11:334mo ago
2025-10-16 07:304mo ago
New Strong Buy Stocks for Oct. 16: LASR, PLAB, and More
Here are five stocks added to the Zacks Rank #1 (Strong Buy) List today:
nLight (LASR - Free Report) : This company, which provides high-power semiconductor and fiber laser, has seen the Zacks Consensus Estimate for its current year earnings increasing 50% over the last 60 days.
Photronics (PLAB - Free Report) : This company, which is a leading worldwide manufacturer of photomasks, has seen the Zacks Consensus Estimate for its current year earnings increasing 8% over the last 60 days.
Weatherford International (WFRD - Free Report) : This company, which offers drilling solutions, gas well unloading, restoration and other related activities, has seen the Zacks Consensus Estimate for its current year earnings increasing 6% over the last 60 day.
California Resources (CRC - Free Report) : This oil and natural gas exploration and production company, which is principally based in California, has seen the Zacks Consensus Estimate for its current year earnings increasing 5.8% over the last 60 days.
Dycom Industries (DY - Free Report) : This specialty contracting firm operating in the telecom industry, which provides diverse services such as engineering, construction, maintenance and installation services for the cable and telephone companies, has seen the Zacks Consensus Estimate for its current year earnings increasing 5.3% over the last 60 days.
You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
2025-10-16 10:334mo ago
2025-10-16 05:304mo ago
Hedera (HBAR) Price Needs a 9% Jump for Bullish Reversal to Play Out — Here's Why
HBAR price has dropped 24% over the past month, holding near $0.17.RSI shows a bullish divergence, hinting at a possible trend reversal if momentum holds.CMF stays positive at 0.18, but HBAR must clear $0.19 — a 9% jump — to confirm a breakout.Hedera’s (HBAR) price has been sliding for weeks, down 5% in the past seven days. It is nearly 24% down over the past month. The token has struggled to break out of its downtrend, even as buyers tried to stabilize the price post the “Black Friday” crash.
However, a well-known technical signal and a steady flow of money into the asset now hint that a reversal might be forming. But only if HBAR can clear one critical price level.
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Momentum and Money Flow Indicators Hint at a Reversal AttemptWhen an asset stays in a long downtrend, traders often turn to indicators like the Relative Strength Index (RSI) to check if momentum is shifting. The RSI measures how fast and how strong price changes are — and right now, it’s flashing an early bullish divergence.
Between June 22 and October 8, HBAR’s price formed a lower low, while the RSI formed a higher low, a standard bullish divergence. This type of RSI divergence usually signals that sellers are running out of strength, and a trend reversal could be near.
HBAR Price Bullish Divergence: TradingViewThe Chaikin Money Flow (CMF) supports this idea. CMF tracks how much money large wallets are moving in or out. Currently, it remains positive at 0.18, even after easing slightly in the last two days.
That means more money is still flowing into HBAR than out of it. It also suggests that overall interest hasn’t vanished despite the recent correction.
Want more token insights like this? Sign up for Editor Harsh Notariya’s Daily Crypto Newsletter here.
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Large HBAR Wallets Are Still Buying: TradingViewStill, traders should watch 0.14 on the CMF as the cutoff. If the CMF falls below that line, it would mean the flow of money is drying up.
HBAR Price Must Clear $0.19 for the Reversal to HoldThe HBAR price currently trades near $0.17, trying to hold above its immediate support zone of $0.16. The area around $0.19 has repeatedly stopped every move higher since October 11, acting as a strong ceiling (resistance).
HBAR Price Analysis: TradingViewFor HBAR to confirm a bullish reversal, it might first need to rise about 9%. Doing so, it would close above $0.19 on the daily timeframe. That breakout would show that buyers have finally absorbed the sell pressure at that level and are ready to push higher.
If HBAR manages to do that, the next resistance zones appear near $0.23 and $0.25, both marking previous swing highs. But if the token loses ground below $0.16, it could slide back toward $0.15, cancelling the bullish setup.
At this stage, the indicators show that HBAR is trying to form a base. Yet, momentum alone won’t be enough. The expected 9% jump above $0.19 is what will decide whether this turns into an actual reversal or just another short-lived bounce.
Disclaimer
In line with the Trust Project guidelines, this price analysis article is for informational purposes only and should not be considered financial or investment advice. BeInCrypto is committed to accurate, unbiased reporting, but market conditions are subject to change without notice. Always conduct your own research and consult with a professional before making any financial decisions. Please note that our Terms and Conditions, Privacy Policy, and Disclaimers have been updated.
2025-10-16 10:334mo ago
2025-10-16 05:354mo ago
CMB International Launches $3.8B Fund on BNB Chain
Following strong volatility earlier in October 2025, the BNB price now fluctuates between $1,100 and $1,340.
CZ’s portfolio restructuring and YZi Labs’ new builder fund have renewed institutional interest in BNB.
Resistance is at $1,330-$1,370; breaking above could go to $1,450-$1,600.
Failure to hold over $1,100 may result in a decline to $1,000-$900.
Regulatory and macroeconomic variables continue to pose significant challenges to long-term growth.
The outlook remains moderately positive, boosted by BNB burning, builder initiatives, and capital inflows.
BNB price has returned to the spotlight in October 2025, setting new all-time highs and rekindling investor enthusiasm.
However, unlike previous rallies that relied heavily on momentum and retail exuberance, today’s developments have more structural implications: a newly launched builder fund from YZi Labs, talk of opening CZ’s investment operations to outside capital, and increasingly visible institutional flows into BNB-centric strategies.
Whether this present increase in price is just another speculative chapter or the start of long-term adoption depends on how these narratives hold up under stress.
Current BNB price scenario
BNB 1d chart, Source: crypto.news
BNB’s price movement in October has been unpredictable. After surging into the $1,330-$1,370 range in early October, BNB experienced intense profit-taking and a larger market liquidation wave, falling to $1,040-$1,130 intraday before recovering.
The daily chart shows BNB trading in a turbulent range, with resistance near $1,330-$1,370 and support zones ranging from $1,100 to ~$1,040-$1,050.
Notably, the larger market’s $19 billion liquidation event in mid-October sparked widespread sell pressure across crypto, although BNB’s decline was more controlled than many peer assets — suggesting that some investors remain committed to its story and that confidence in BNB price prediction models remains intact despite volatility.
Upside outlook for BNB price
If Binance Coin (BNB) can re-establish momentum above $1,330-$1,370, it will confirm a breakout and may pave the way for $1,450-$1,600 in the coming weeks. This bullish extension is anticipated to coincide with revived institutional positioning and increased usefulness within the Binance and BNB Chain ecosystems.
The YZi Labs building fund is already being positioned as a structural driver: it focuses on initiatives in decentralized finance, AI-linked infrastructure, payments, and real-world asset tokenization, all of which have the potential to increase on-chain transaction volumes and strengthen BNB’s fundamental value proposition.
Furthermore, rumors that YZi Labs may turn into an external investment platform have piqued the interest of strategic partners, who see Binance’s capital network as a gateway to Web3 growth. These reasons, combined with the deflationary burn mechanism and Binance’s sustained dominance in trading volumes, serve as the foundation for BNB’s medium-term optimistic thesis.
Downside risks to Binance coin price
Failure to retake the $1,330-$1,370 range might extend consolidation and lead to a further fall. If BNB closes strongly below $1,100, technical projections suggest a drop below $1,000 or even $900, particularly if Bitcoin declines or global risk appetite decreases.
Analysts also warn that regulatory scrutiny remains a chronic concern. Any misreading of YZi Labs’ restructuring or external funding plans could draw renewed scrutiny from financial regulators, eroding investor trust.
Furthermore, the larger macroeconomic environment, which includes U.S. inflation data, interest-rate policy, and liquidity constraints, continues to influence capital allocation in digital assets.
Even positive ecosystem developments may not result in persistent price appreciation if macroeconomic cues are not supportive. In short, while BNB’s fundamentals appear robust, the mood is fragile, and another bout of market stress could quickly reverse recent gains.
BNB price prediction based on current levels
BNB support and resistance levels, Source: Tradingview
BNB is currently trading in the $1,100-$1,340 equilibrium region, with $1,370 acting as a significant breakthrough mark and $1,100 as vital support.
A confirmed move above $1,370 might propel the price to $1,450-$1,600, extending the current bullish cycle if institutional interest materializes and the broader market stabilizes. In contrast, a fall below $1,100 might flip momentum decisively bearish, exposing the $1,000-$900 level as the next potential target.
For the time being, the view is cautiously bullish: continued builder-fund activity, ongoing burns, and CZ’s capital restructuring provide narrative support, but the market will look for proof in the form of higher lows and more trading volume. If these factors coincide, BNB might reestablish itself as one of the best-performing large-cap tokens moving into the fourth quarter of 2025.
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.
Important DisclaimersThe content provided on the website includes general news and publications, our personal analysis and opinions, and contents provided by third parties, which are intended for educational and research purposes only. It does not constitute, and should not be read as, any recommendation or advice to take any action whatsoever, including to make any investment or buy any product. When making any financial decision, you should perform your own due diligence checks, apply your own discretion and consult your competent advisors. The content of the website is not personally directed to you, and we does not take into account your financial situation or needs.The information contained in this website is not necessarily provided in real-time nor is it necessarily accurate. Prices provided herein may be provided by market makers and not by exchanges.Any trading or other financial decision you make shall be at your full responsibility, and you must not rely on any information provided through the website. FX Empire does not provide any warranty regarding any of the information contained in the website, and shall bear no responsibility for any trading losses you might incur as a result of using any information contained in the website.The website may include advertisements and other promotional contents, and FX Empire may receive compensation from third parties in connection with the content. FX Empire does not endorse any third party or recommends using any third party's services, and does not assume responsibility for your use of any such third party's website or services.FX Empire and its employees, officers, subsidiaries and associates, are not liable nor shall they be held liable for any loss or damage resulting from your use of the website or reliance on the information provided on this website.Risk DisclaimersThis website includes information about cryptocurrencies, contracts for difference (CFDs) and other financial instruments, and about brokers, exchanges and other entities trading in such instruments. Both cryptocurrencies and CFDs are complex instruments and come with a high risk of losing money. You should carefully consider whether you understand how these instruments work and whether you can afford to take the high risk of losing your money.FX Empire encourages you to perform your own research before making any investment decision, and to avoid investing in any financial instrument which you do not fully understand how it works and what are the risks involved.
2025-10-16 10:334mo ago
2025-10-16 05:464mo ago
CZ Challenges Coinbase to List More BNB Projects as Exchange Tensions Heat Up
CZ urged Coinbase to list more BNB Chain projects, reigniting rivalry after Coinbase added BNB to its official listing roadmap.The move fuels the “CEX listing wars,” spotlighting debates over fees, fairness, and transparency between Binance, Coinbase, and other exchanges.Industry leaders see cooperation as symbolic, but competition for liquidity and influence keeps the rivalry strategically charged.The ongoing rivalry between Binance and Coinbase has reignited after the former’s founder, Changpeng Zhao (CZ), publicly called on Coinbase to list more BNB Chain projects.
It comes only hours after Coinbase added BNB to its listing roadmap, signaling an intention to onboard the Binance token.
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CZ Wants Coinbase to List More BNB Chain ProjectsCZ called for reciprocity between the two largest centralized exchanges, Binance and Coinbase. The comment, posted on X (Twitter), came amid growing debate over listing transparency, fees, and cross-chain fairness across CEXs.
“I would urge Coinbase to list more BNB chain projects. Binance has listed several Base projects. Don’t think Coinbase has listed a single BNB chain project yet. And it’s a more active chain. Not a trade. Just recommending, given we are on the topic of being open, inclusive, etc. Also good for the exchange, I believe,” CZ wrote.
CZ’s post directly responded to a viral thread summarizing a heated sequence of events: Coinbase’s Jesse Pollak, the creator of Base, had posted about listing fees. Subsequently, a Base project founder alleged that Binance demanded steep fees for consideration.
> Jesse posts about CEX listing fees
> Base project founder says fk it and publicly exposes Binance listing demands
> CZ and Binance fight back
> Ppl across the industry post their sides
> Coinbase lists BNB
?????
— voh (@vohvohh) October 15, 2025
The debate has spiraled into what X (Twitter) users dubbed the “CEX listing wars.”
Coinbase added BNB to its official listing roadmap, marking a rare show of engagement between two direct competitors. The move signaled tentative openness but also carried strategic implications.
As BeInCrypto reported, Coinbase said the listing would depend on technical readiness and market-making requirements. The process could delay full trading activation.
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Still, the announcement triggered speculation across crypto circles: Was Coinbase signaling goodwill, or merely capitalizing on the media buzz?
Listing Wars Expose CEX RivalriesThe exchange feud has drawn the attention of the wider industry. Critics accused Binance of using high listing fees and selective gatekeeping.
At the same time, Coinbase faced its own backlash for alleged hypocrisy, positioning itself as transparent and accessible yet historically slow to list non-Ethereum ecosystem tokens.
Cecilia Hsueh, Chief Strategy Officer at MEXC exchange, weighed in with a more pragmatic take.
“At MEXC, our first principle is simple — list more, list fast to meet user demand. We do charge a listing fee, but it’s small, probably the lowest among top CEXs, and it mostly goes into helping projects promote their launch,” she said on X.
Hsueh emphasized that exchanges follow different business models depending on their growth stage and liquidity, suggesting that fee-based models aren’t inherently unfair.
This nuanced stance resonated amid escalating tribalism between the Binance and Coinbase communities.
Coinbase’s decision to acknowledge BNB, even symbolically, suggests a shift toward interoperability over isolation, a trend increasingly demanded by users and regulators alike.
However, beneath the gestures of inclusivity, the “listing wars” highlight an enduring truth about crypto exchanges. Competition for liquidity and narrative dominance remains fierce, and even gestures of cooperation are rarely without strategic calculation.
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.
2025-10-16 10:334mo ago
2025-10-16 05:484mo ago
Ethereum (ETH) Market Split: Bearish MACD or Incoming Bull Flag Rally?
Key NotesBitMine Immersion Technologies bought over $417 million in ETH amid the market dip.Ethereum dominates social media as major developments fuel optimism.Institutional accumulation drives the ETH supply squeeze, with many analysts turning bullish.
Ethereum
ETH
$4 060
24h volatility:
2.3%
Market cap:
$487.18 B
Vol. 24h:
$40.74 B
continues to dominate headlines amid massive accumulation led by Tom Lee-chaired BitMine Immersion Technologies. The company reportedly bought the dip once again on Oct. 16, acquiring an additional 104,336 ETH, valued at roughly $417 million.
It looks like Bitmine(@BitMNR) just bought another 104,336 $ETH($417M).
Over the past 7 hours, 3 new wallets received 104,336 $ETH($417M) from #Kraken and #BitGo.
Despite the crypto market crash, Tom Lee still predicts $ETH will hit $10K by year-end.https://t.co/KewyZ4cAeP… pic.twitter.com/Vn5b9ijP2Z
— Lookonchain (@lookonchain) October 16, 2025
BitMine now controls the largest single corporate holding of Ethereum, around 3.04 million ETH. Sharplink Gaming follows with 840,120 ETH, while The Ether Machine owns 496,710 ETH, according to data from StrategicETHReserve.
This demand comes despite the ongoing volatile phase for the ETH price in October. According to Bitwise, nearly all of the Ether accumulated by public companies this year occurred between July and September.
95% of all ETH held by public companies was purchased in the past quarter alone.
Watch this space.
Corporate ETH Adoption, Q3 2025 Edition pic.twitter.com/9hDARuo9vQ
— Bitwise (@BitwiseInvest) October 15, 2025
As of Sept. 30, public companies collectively hold around 4.63 million ETH, worth $19.13 billion, equivalent to roughly 4% of the total Ether supply. The majority of that buying spree happened in Q3, signaling a surge in confidence from institutional investors.
Analysts note that the concentration of Ethereum buying during Q3 raises questions about what’s next for the cryptocurrency as it enters the fourth quarter.
Ether, which traded above $4,300 before last week’s market-wide sell-off, has since slipped to around $4,000 level at the time of writing. It has wiped out $60 billion in its market capitalization in the past month, according to CoinMarketCap.
Market analysts view the institutional accumulation as a bullish sign, making it one of the best crypto to buy right now.
With 40% of the entire ETH supply now effectively locked away, experts believe a potential supply squeeze could lead to a sharp rebound in the coming months.
Ethereum’s Rising Social Buzz
Meanwhile, Ethereum is seeing a surge in social media activity. Data from Santiment shows that Ethereum-related discussions have recently skyrocketed on social media platforms, driven by several key developments.
🗣️The top trending tokens in crypto across social media, based on the highest discussion rates above normal, are:
🪙 The word 'pyusd' is trending due to a major incident involving the Paxos company mistakenly minting $300 trillion worth of PYUSD stablecoins on the Ethereum… pic.twitter.com/mBWCiqEiS5
— Santiment (@santimentfeed) October 16, 2025
This includes large Ethereum Foundation deposits into DeFi vaults, strong ETF inflows, and renewed institutional interest. Additionally, the recently misexecuted $300 trillion PYUSD minting on Ethereum caught massive attention on X.
Beyond finance, Ethereum’s role is expanding globally. The blockchain is being integrated into Bhutan’s national ID system. Developers also continue to favor Ethereum as the top ecosystem for innovation in 2025.
Disclaimer: Coinspeaker is committed to providing unbiased and transparent reporting. This article aims to deliver accurate and timely information but should not be taken as financial or investment advice. Since market conditions can change rapidly, we encourage you to verify information on your own and consult with a professional before making any decisions based on this content.
News
A crypto journalist with over 5 years of experience in the industry, Parth has worked with major media outlets in the crypto and finance world, gathering experience and expertise in the space after surviving bear and bull markets over the years. Parth is also an author of 4 self-published books.
The cryptocurrency market's price action has been choppy since the start of the week. Bitcoin, the leading crypto by market cap, has been trading between $115k and $110k over the last few days, with altcoins also experiencing similar price actions.
2025-10-16 10:334mo ago
2025-10-16 06:044mo ago
BTC's black Friday comes early as market awaits catalyst to avoid bigger drop
Key NotesBlackRock Ethereum ETF led with $163 million in inflows and over $1.4 billion in trading volume.ETHA has attracted over $10 billion in 2025, ranking 15th out of 4,400+ ETFs, underscoring rising institutional confidence.Market analysts remain divided on the ETH price trajectory as bulls and bears are in a tight fight at $4,000.
Inflows into spot Ethereum
ETH
$4 060
24h volatility:
2.3%
Market cap:
$487.18 B
Vol. 24h:
$40.74 B
ETFs continue to remain strong even as the ETH price faces strong selling pressure in the broader crypto market correction. Currently, there’s a tight fight between the bulls and bears to hold ETH above $4,000. On the other hand, institutions are recouping from the early week Ether ETF outflows.
Ethereum ETF Inflows Remain Robust
On Wednesday, October 15, inflows into spot Ethereum ETFs, across all US ETF issuers, stood at $169 million. However, these numbers are largely polarized, with BlackRock iShares Ethereum Trust (ETHA) contributing to most of the inflows at $163 million. The second in line was Bitwise ETHW at $12.31 million.
BlackRock’s spot Ethereum ETF (ETHA) recorded strong investor interest, registering net inflows of 41,132 ETH. Furthermore, the fund also witnessed $1.4 billion in trading volume over the same period. This signals growing institutional participation in Ethereum-based investment products.
BlackRock Ethereum ETF sees healthy inflows | Source: Trader T
With more than $10 billion in inflows this year in 2025 so far, BlackRock’s ETHA has climbed to the 15th position out of more than 4,400 ETFs. The milestone underscores growing institutional demand for Ethereum exposure through regulated investment vehicles.
ETH Price Tests Crucial Support at $4,000
Following the strong selling pressure at $4,400, ETH price has corrected nearly 10% and is looking for a crucial support at $4,000, which seems to be weakening at this point. Market analysts share mixed opinions and remain divided over the next ETH trajectory.
Crypto analyst Ted Pillows noted that Ethereum (ETH) continues to hold firm above the $3,850 support level, maintaining short-term bullish potential. According to Pillows, a decisive move above $4,250 could trigger a short-term uptrend for the asset. The dropping ETH supply on exchanges could further aid this rally.
However, he cautioned that if Ethereum fails to defend the $3,850 support, the market could see increased downside volatility.
$ETH is still holding above its $3,850 support level.
The next key level to reclaim is $4,250, which could start a short-term uptrend.
In case Ethereum loses the $3,850 support level, expect more downside volatility. pic.twitter.com/4PpZBof456
— Ted (@TedPillows) October 16, 2025
On the other hand, crypto analyst Ali Martinez highlighted that Ethereum (ETH) is approaching a bearish MACD crossover on its weekly chart. Martinez noted that the last two occurrences of this technical signal led to price declines of 43% and 61%. This suggests the possibility of a significant downside if the pattern repeats.
Ethereum $ETH is on the verge of a bearish MACD crossover on the weekly chart. The last two times it happened, the price dropped 43% and 61%. pic.twitter.com/RRIjFeR63k
— Ali (@ali_charts) October 16, 2025
Investors need to be more watchful for more volatility ahead and take calls as per their risk appetite.
PEPENODE (PEPENODE) Meme Coin Approaches $2 Million in Presale Raise
Ethereum-based PEPENODE meme coin is capturing attention these days with its unique mine-to-earn mechanism. The project is close to approaching the $2 million milestone in its presale.
PEPENODE is gaining popularity for blending memes and virtual mining. The project allows users to participate in virtual meme coin mining and has quickly emerged as one of the most talked-about crypto presales of 2025.
Presale Details:
Current price: $0.001105
Funds raised: $1,838,367.13
Token ticker: PEPENODE
The platform also offers staking rewards of up to 3,022%, with purchases available via credit/debit cards or cryptocurrency. For further insights, investors can refer to the PEPENODE price prediction report on Coinspeaker.
Disclaimer: Coinspeaker is committed to providing unbiased and transparent reporting. This article aims to deliver accurate and timely information but should not be taken as financial or investment advice. Since market conditions can change rapidly, we encourage you to verify information on your own and consult with a professional before making any decisions based on this content.
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Bhushan is a FinTech enthusiast and holds a good flair in understanding financial markets. His interest in economics and finance draw his attention towards the new emerging Blockchain Technology and Cryptocurrency markets. He is continuously in a learning process and keeps himself motivated by sharing his acquired knowledge. In free time he reads thriller fictions novels and sometimes explore his culinary skills.
Bhushan Akolkar on X
2025-10-16 10:334mo ago
2025-10-16 06:094mo ago
Is BNB Bull Run Due For Correction Amid Community Backlash?
In brief
BNB shows a complex market structure with spot buying rising as futures selling increases.
Open interest is down 36%, with declining CVDs pointing to active selling or profit-taking.
Oracle issues and depegs at Binance have caused a "drop in confidence" according to analysts, adding short-term pressure to the token.
BNB’s long-standing uptrend could be under threat from a growing divergence in its market data and recent community backlash over technical issues during the recent Black Friday crash.
Beneath the surface, perpetual data tells a more complex story for BNB.
The aggregated spot cumulative volume delta—a measure of net buying and selling pressure for—has climbed from $2.34 billion in February to $3.3 billion, per CoinGlass data. Conversely, the aggregated futures CVD has dropped further into negative territory, from -$41 billion to -$45.8 billion over the same period.
The divergence is not bearish and represents hedging flows, DarkFrost, a pseudonymous verified analyst at CryptoQuant, told Decrypt.
“Seeing Spot CVD rising while Futures CVD keeps dropping sharply means investors are betting on the longer term, which further strengthens BNB’s trend and fundamentals,” DarkFrost added.
It could also reflect a “market-wide shift toward spot holdings,” especially considering the recent historic liquidation event across the crypto market, the analyst explained.
While the long-term outlook is bullish, a closer look at the CVD behavior over the last two weeks shows a more nuanced outlook.
A decline in CVD indicates selling, but combining it with open interest—the total number of long and short open positions—provides a comprehensive view of the market participants’ positioning.
If CVD and open interest decline together, it suggests short covering. An uptick in CVD and open interest, on the contrary, would be a bullish signal, indicating an increase in long positions.
Currently, the open interest for BNB has declined 36% in the last week to 555,000 BNB, while both perpetual and spot CVDs are falling, indicating active selling or profit-taking.
Binance and BNBBinance and some of its products have faced headwinds in recent days due to recent oracle mispricing incidents and the temporary depegging of wrapped assets, including USDe, a synthetic dollar issued by Ethena; BNSOL, a Solana liquid staking derivative listed by Binance; and wBETH, Binance’s wrapped version of staked Ether.
“The recent oracle errors and short-term ‘depegs’... caused a quick drop in confidence,” Alexandr Kerya, VP of Product Management at CEX.IO, told Decrypt. “Any technical issue within a major ecosystem naturally puts short-term pressure on its native token.”
Kerya noted that while user confidence and trust were affected, “the selling pressure appears limited, with the broader crypto market sell-off playing a larger role in the asset’s recent decline.”
BNB has also been boosted by the news that Coinbase this week added BNB to its listing roadmap, signaling support for the cryptocurrency issued by its rival exchange.
The combination of complex derivative positioning and simmering community sentiment suggests that while BNB's bull run remains fundamentally intact, it may undergo pullback or corrective moves in the short term.
BNB is down 0.7% over the past 24 hours and is currently trading at $1,181, CoinGecko data shows.
In the end, the token's ability to maintain its momentum could depend on Bitcoin’s recovery, which in turn is contingent on improved macroeconomic conditions and the return of institutional demand.
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Volatility Shares Files for 5× Leveraged XRP, Bitcoin and Ethereum ETF Volatility Shares, a notable player in the leveraged exchange-traded fund (ETF) space, has filed for a 5× leveraged XRP ETF, signaling a growing appetite for high-octane cryptocurrency investment products.
The firm is also exploring leveraged ETFs for Bitcoin and Ethereum, and is positioning itself to capitalize on the surging interest in digital assets among retail and institutional investors.
Leveraged ETFs amplify the daily performance of an underlying asset, in this case, XRP, by five times. This means that if XRP rises by 1% in a day, the ETF could gain 5%, and conversely, losses are equally magnified.
While such products are designed for short-term traders seeking aggressive exposure, they carry significantly higher risk compared to traditional ETFs.
Volatility Shares’ filing highlights a growing trend as investors seek leveraged exposure to top crypto assets without direct ownership.
By adding XRP alongside Bitcoin and Ethereum, the firm targets market-leading, liquid tokens, with XRP standing out due to regulatory developments and its role in cross-border payments, making it a prime choice for sophisticated traders.
Therefore, the launch of a leveraged XRP ETF could cement XRP’s role in mainstream finance, bridging traditional financial tools with the fast-moving crypto market. While offering amplified exposure, investors should remain cautious, leveraged products can suffer from volatility decay and may underperform in turbulent markets, particularly over extended holding periods.
Notably, as the crypto market matures, innovations like these reflect growing sophistication in investor products, offering traders advanced tools to navigate and profit from one of the world’s most volatile asset classes.
DTCC Study Confirms Blockchain’s Potential for U.S. Equity MarketsAccording to prominent crypto observer SMQKE, a recent study by the Depository Trust & Clearing Corporation (DTCC) has confirmed that blockchain technology is capable of handling over 100 million daily trades in U.S. equity markets, marking a significant milestone in the integration of decentralized systems with traditional finance.
The DTCC’s simulations reveal that optimized blockchain networks can handle well beyond the typical 50M daily U.S. trades, proving blockchain’s potential to revolutionize market operations with faster, more transparent, and efficient settlements.
As a result, SMQKE notes that this breakthrough could transform how exchanges, clearinghouses, and institutions handle securities trading.
Unlike traditional batch settlements that take days, blockchain technology enables near-instant verification and settlement, supporting high-speed, high-volume trading without sacrificing security or accuracy.
Faster settlements slash counterparty risk, cut operational costs, and boost liquidity, delivering more transparent, efficient transactions for retail and institutional investors alike. Blockchain’s immutable ledger further strengthens auditing and regulatory oversight, providing a clear trade trail and minimizing errors or fraud.
ConclusionVolatility Shares’ 5× leveraged XRP ETF filing highlights the fusion of traditional finance and crypto. By offering amplified exposure to XRP, Bitcoin, and Ethereum, the firm targets traders chasing high-risk, short-term gains while signaling growing mainstream acceptance of digital assets.
On the other hand, the DTCC study proving blockchain can process over 100 million daily trades marks a pivotal shift for U.S. equity markets. With unmatched speed, scalability, and transparency, blockchain could fundamentally transform how securities are traded, settled, and monitored
2025-10-16 10:334mo ago
2025-10-16 06:164mo ago
Bitcoin whale selling and put demand intensify in ‘two-way, headline-driven market'
India’s largest telecom operator, Reliance Jio, has entered a partnership with Aptos Labs and Aptos Foundation. The collaboration is set to launch a blockchain-based rewards system for Jio’s 500 million subscribers.
The main goal of this partnership is to launch the digital rewards known as JioCoin into Jio’s consumer services through Aptos Layer 1 blockchain. That way, blockchain services will enter into daily life utility and not just for speculative tokens or memecoins. The initiative is currently in a beta testing phase with approximately 9.4 million users
This will also boost user interactions on both platforms, as Aptos’ high-speed, low-cost infrastructure will enhance Jio’s utility. In return, the mobile network operator will boost Aptos’ visibility to attract more users. This was announced at the Aptos Experience event held on October 15, 2025..
Aptos said, “Reliance Jio will leverage Aptos’ high-performance network to deliver blockchain-based rewards directly to users, building on Jio’s ongoing efforts to provide advanced technology to daily customer experiences.”
Why This Matters This move is a great milestone for India’s blockchain landscape, as the Aptos collaboration could be a blueprint for Web3 adoption. India has already topped the crypto adoption chart of 2025, and this move will further strengthen the country’s position in becoming a global crypto hub.
Jio chose Aptos for this initiative because of its reliability, secure environment, developer tools, and ability to handle massive transaction volumes for consumer-grade blockchain applications. This move expands Jio’s strategy of enhancing digital innovation. The network has already shown its efforts in evolving AI, 5G, cloud, and financial services, positioning itself as the leader in the digital ecosystem.
Earlier this year, in January, Jio partnered with Polygon Labs to integrate Web3 capabilities into its services. By integrating the infrastructure, Jio aimed at leveraging seamless payments, decentralized data control, with enhanced privacy security for its users.
Trust with CoinPedia:CoinPedia has been delivering accurate and timely cryptocurrency and blockchain updates since 2017. All content is created by our expert panel of analysts and journalists, following strict Editorial Guidelines based on E-E-A-T (Experience, Expertise, Authoritativeness, Trustworthiness). Every article is fact-checked against reputable sources to ensure accuracy, transparency, and reliability. Our review policy guarantees unbiased evaluations when recommending exchanges, platforms, or tools. We strive to provide timely updates about everything crypto & blockchain, right from startups to industry majors.
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2025-10-16 10:334mo ago
2025-10-16 06:304mo ago
Brevis zkVM Cuts Hardware Costs by 50%, Unlocks Home Proving for Ethereum Validators
Brevis, a zero-knowledge proof infrastructure company, announced a major breakthrough with its Pico Prism technology, calling it a critical turning point for Ethereum's scaling future. Performance Redefines the Possibility Brevis, a leading zero-knowledge (ZK) proof infrastructure company, announced on Oct.
2025-10-16 10:334mo ago
2025-10-16 06:304mo ago
Is Bitcoin About To See A Repeat Of 2020-2021? What Happened After The Last Flash Crash
On October 20, 2025, the crypto market saw a major flash crash that sent Bitcoin down 20%, and altcoins suffered between 50% and 80% losses as a result. Reports from data trackers show that more than $19 billion in leveraged positions were liquidated as a result. This led to the largest liquidation event in the crypto industry up until that point, leading to comparisons and speculations that this could be a repeat of the infamous COVID-19 crash of 2020.
What It Means For Bitcoin And Crypto If This Is A Repeat Of 2020
One of the key crypto players who has pointed out that the current cycle could be similar to that of 2020 is crypto analyst Rekt Fencer. Fencer took to X (formerly Twitter) to share with their over 330,000 followers, a side-by-side chart showing the 2020 performance compared to what is happening now in 2025.
To put this in perspective, back in 2020, the crypto market suffered a flash crash where the Bitcoin price fell by more than 50%, and the altcoin market followed. This was a result of the COVID-19 lockdowns that were announced around the world in a bid to curb the spread of the virus.
In response to the shutdowns, the stock market had crashed, taking Bitcoin and the crypto market down with it. This led to over $1.2 billion in daily liquidation, which at the time was the most significant liquidation in crypto history. However, this figure now pales in comparison to the over $19 billion in liquidations that were recorded last week.
Despite the disparity in the liquidation volumes, crypto analyst Rekt Fencer believes that this could lead to a repeat of what happened after the COVID-19 crash. Back then, the bounce from the crash had been rapid. By 2021, one year later, the entire crypto market had risen to new all-time highs.
Source: X
Taking that performance and using it to map out the Bitcoin and crypto market performance after last week’s crash, it would mean that the market is ready for another bull run. It would also put the market at the bottom of the bull run, meaning that the Bitcoin price is far from its all-time high price.
Rekt Fencer explains that “History is about to repeat itself” and “The real move starts when everyone thinks it’s over.” Thus, another explosive rally could be right on the horizon, if this isn’t the start of a bear run.
BTC fails to break resistance | Source: BTCUSD on TradingView.com
Featured image from Dall.E, chart from Tradingview.com
Key NotesCZ urges Coinbase to include more BNB Chain projects, calling for openness.Coinbase recently added BNB to its roadmap amid criticism of its listing policies.The debate reignites competition between major exchanges over fairness and inclusion.
Binance founder Changpeng Zhao has publicly called on Coinbase to list more projects built on the BNB Chain, arguing that fairness should guide exchanges’ listing policies. His comments followed Coinbase’s surprise decision to add BNB to its asset-listing roadmap earlier this week.
Moreover, I would urge Coinbase to list more @BNBChain projects. @Binance has listed several Base projects. Don't think Coinbase has listed a single @BNBChain project yet. And it's a more active chain.
Not a trade. Just recommending, given we are on the topic of being open,… https://t.co/16WkVUM6Om
— CZ 🔶 BNB (@cz_binance) October 16, 2025
In a recent post on X, CZ pointed out that Binance already lists several projects from Coinbase’s own Base network. However, Coinbase hasn’t listed any from the BNB ecosystem, even when BNB Chain is currently far more active and heavily used.
According to blockchain analytics firm Nansen, BNB Chain has seen an impressive surge in activity. The network recorded more than 500 million successful transactions over the past month, a 150% increase compared to the previous period.
Moreover, CMB International, a subsidiary of China Merchants Bank, recently announced a $3.8 billion USD Money Market Fund launch on BNB Chain.
Despite this growth, Coinbase has yet to list a single project native to the BNB ecosystem. Zhao believes that listing strong projects from multiple chains would ultimately benefit Coinbase.
Coinbase to List BNB?
CZ’s remarks came shortly after Coinbase Markets announced a new initiative called “The Blue Carpet”, including BNBin its public listing roadmap. The program is designed to provide a more transparent and structured listing process for project issuers.
Assets added to the roadmap today: BNB (BNB)https://t.co/lyEugQo7Cv
— Coinbase Markets 🛡️ (@CoinbaseMarkets) October 15, 2025
It is important to note that inclusion on the roadmap does not guarantee a final listing.
The move comes as Coinbase faces growing scrutiny over its selection criteria. Just days before the announcement, Arca CIO Jeff Dorman criticized the platform for listing “some of the worst assets” while ignoring high-quality ones, including the third-largest cryptocurrency, BNB.
He argued that Coinbase must choose between being a neutral, open marketplace or a curated broker focused only on select assets.
“Listing War” Between Exchanges
The debate over exchange listing fairness has intensified in recent days. Binance founder recently stated that strong crypto projects should not need to pay exchanges for listings, as genuine market demand and user activity naturally drive exposure.
His comments were in response to Coinbase developer Jesse Pollack, who had described Binance’s model as “expensive and extractive,” calling for zero listing fees.
Unpopular opinion post:
On Listing "Fees" (saw this a few times recently)
1. If you are a project complaining about listing airdrops or "fees" (to users),
Don't pay it.
If your project is strong, exchanges will race to list your coin.
If you have to beg an exchange to list,… https://t.co/DtEMb4RdS0
— CZ 🔶 BNB (@cz_binance) October 15, 2025
CZ emphasized that in a truly decentralized market, discussions about listing fees and exchange policies overlook the merit-based recognition. He argued that strong projects with genuine user adoption naturally earn major exchange listings without needing to request them.
Disclaimer: Coinspeaker is committed to providing unbiased and transparent reporting. This article aims to deliver accurate and timely information but should not be taken as financial or investment advice. Since market conditions can change rapidly, we encourage you to verify information on your own and consult with a professional before making any decisions based on this content.
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A crypto journalist with over 5 years of experience in the industry, Parth has worked with major media outlets in the crypto and finance world, gathering experience and expertise in the space after surviving bear and bull markets over the years. Parth is also an author of 4 self-published books.
Parth Dubey on LinkedIn
2025-10-16 09:334mo ago
2025-10-16 04:334mo ago
Cardano price stalls under $0.70 as whales dump post-crash, is recovery ahead?
Cardano price is hovering below the $0.70 mark, with market uncertainty and whale activity dampening recovery efforts.
Summary
Cardano price trades below $0.70 after a post-crash decline from $0.80.
Whales have dumped 350 million ADA in the past week.
ETF approval odds have dropped to 75% ahead of Grayscale’s ADA ETF deadline on Oct 23.
ADA has support around $0.65 and could climb to $0.75-$0.80 if buying pressure increases.
Cardano has been caught in a consolidation phase since the Oct. 10 crash, which saw its price plunge from the $0.80 region. At press time, ADA is trading around $0.66, per crypto.news data. The stagnation in Cardano’s price is attributed to a mix of bearish market sentiment and significant whale activity, which has added pressure on the altcoin.
On-chain data reveals that whales have offloaded a substantial amount of ADA (ADA), around 350 million, in the past week alone. This large-scale sell-off has contributed to the notable price drop, as major holders appear to be locking in profits amid concerns of further downside in the near term.
In addition, optimism surrounding the potential approval of a Cardano ETF is waning. Polymarket data shows that the odds of approval for an exchange-traded fund tracking ADA have fallen to 75%, down from a recent peak above 87%, likely contributing to the pressure on price.
Despite the dip in confidence, the broader crypto community remains focused on the upcoming October 23 deadline for Grayscale’s ADA ETF, hoping for a favorable decision.
Cardano price recovery depends on critical resistance
At its current price level, ADA is testing key support around $0.65. On the upside, the price is struggling to break past the $0.70 resistance level, which has become a critical barrier to further upward movement.
Technical indicators reflect a continued bearish sentiment in the market. The Relative Strength Index (RSI) sits at 37.14, signaling that ADA is nearing oversold territory, which suggests weak buying pressure. Although the Chaikin Money Flow (CMF) stands at +0.13, indicating some minor capital inflows, it has not proven enough to confirm sustained bullish momentum.
For recovery to take place, Cardano price needs to break through the $0.70 resistance with increasing volume. If it manages to do so, it could test the $0.75-$0.80 region. However, any further decline below $0.66 could signal continued downside pressure for the token.
ADA price chart | Source: crypto.news
2025-10-16 09:334mo ago
2025-10-16 04:384mo ago
BNB price nears $1,200 as CZ reacts to Coinbase listing
BNB price has climbed to as much as $1,191 following Changpeng Zhao’s comments about the token’s recent listing on Coinbase eight years after the token was first launched.
Summary
CZ praised Coinbase’s decision to list BNB, calling it a “no-brainer” given the token’s strong liquidity and market position.
BNB price briefly climbed to around $1,191 before consolidating near $1,181, with technical indicators suggesting neutral momentum as traders await further catalysts from the upcoming Coinbase listing.
On Oct. 16, former Binance CEO and Head of YZi Labs Changpeng Zhao reacted to the news of Coinbase adding BNB to its listing roadmap. CZ’s post regarding the listing served to boost BNB price slightly by 0.5% in the past hour.
“Woke up to this. Thanks for the support from industry peers,” said Changpeng Zhao in his post, adding a screenshot of comments from crypto figures like Tron (TRX) founder Justin Sun and the Australian-based crypto exchange Kraken regarding the listing in his latest post.
According to Zhao, Coinbase’s decision to list BNB (BNB) should be considered a “no-brainer,” considering the token is currently the third-largest cryptocurrency by market cap. According to data from crypto.news, the token’s market cap currently stands at $164.9 billion. Excluding the stablecoin USDT (USDT), BNB is the third largest cryptocurrency, falling behind only to Bitcoin (BTC) and Ethereum (ETH).
“Excellent liquidity, volume and ecosystem. Not listing it is a loss for the exchange themselves,” said CZ, adding an encouragement for BNB to “keep building.”
Shortly after CZ shared his post, BNB price reached $1,991, nearing the $1,200 before briefly retracting back to the $1,180 level. In the past 24 hours, the token has dipped by 0.2%.
On Oct. 15, the Coinbase Markets official account announced that it has added BNB to its roadmap. According to the blogpost shared, BNB will be added as an asset on the BNB Smart Chain, which already has integrated support within Coinbase. In addition, the exchange will also list QCAD on Ethereum and KTA on the Base (BASE) Network.
Launched in 2017, BNB serves as a trading fee token and the primary gas asset for BNB Chain transactions. BNB is also used for payments, staking, token launches and governance proposals. In 2021, it officially rose to become the third-largest cryptocurrency by market cap and has mostly remained in that spot.
In a separate post, CZ suggested Coinbase should list more BNB Chain projects. He argued that over the years, Binance has listed several Base projects, yet the same cannot be said about Coinbase listing Binance projects.
“Not a trade. Just recommending, given we are on the topic of being open, inclusive, etc. Also good for the exchange, I believe,” said CZ.
BNB price analysis
Market sentiment toward BNB has been mixed since Coinbase announced the addition of BNB to its listing roadmap, a move that could significantly broaden the token’s accessibility to U.S.-based investors. While some traders view the news as a long-term bullish development, others are more cautious, considering the ongoing regulatory scrutiny surrounding Binance.
CZ’s measured reaction on social media appears to have helped calm speculation that tensions might arise between the two exchanges.
BNB price is currently trading at around $1,181, dipping slightly after reaching as high as $1,191 and even surpassing the $1,214 on the day Coinbase announced it will be listing the token.
At press time, BNB price is hovering close to the 30-day moving average, suggesting a phase of consolidation following a modest upward movement earlier in the session. Momentum appears neutral, with no clear directional bias yet, as bulls and bears continue to contest the short-term trend.
BNB price has moved slightly after CZ’s reaction to the news of Coinbase listing the token | Source: TradingView
The Relative Strength Index currently sits near 48, indicating neutral momentum and limited buying or selling pressure at the moment. This aligns with BNB price hovering around the moving average, signaling that the market is likely waiting for new catalysts before making a decisive move.
The RSI’s repeated oscillation between 40 and 60 over the past few hours suggests short-term indecision, with traders possibly digesting the broader implications of recent news developments surrounding Binance and its token.
If positive sentiment builds around the upcoming Coinbase listing, BNB price could test the $1,190 to $1,200 resistance zone again. However, a sustained break below $1,175 could signal short-term weakness, especially if broader market conditions turn risk-off.
2025-10-16 09:334mo ago
2025-10-16 04:424mo ago
Bitcoin Is ‘Flirting' with Danger: Early Black Friday?
Key NotesBitcoin continues to trade below the critical $112,000 mark amid global market stress.A $19 billion futures wipeout sparks fears of a deeper correction.Analysts warn of fragility but see long-term recovery potential.
Bitcoin
BTC
$110 599
24h volatility:
2.4%
Market cap:
$2.21 T
Vol. 24h:
$66.72 B
has once again slipped below the crucial $112,000 level, a zone that has historically acted as both support and resistance. The downturn is triggered by mounting macroeconomic concerns and a staggering $19 billion futures liquidation across exchanges.
According to Glassnode, the crypto market is entering a “reset phase,” marked by a large-scale leverage flush, slowing ETF inflows, and surging volatility. The platform called the current situation “an Early Black Friday,” signaling a period of deep discount and fear in the market.
An Early Black Friday
Bitcoin’s rally to $126k reversed amid macro stress and a $19B futures wipeout. ETF inflows slowing and volatility spiking, the market enters a reset phase marked by a historic leverage flush.
Read the full Week On-Chain below👇https://t.co/Osm96VjuJg pic.twitter.com/BgYTJ7qfIe
— glassnode (@glassnode) October 15, 2025
At the time of writing, Bitcoin is trading around $111,000, down roughly 9% over the past week. The decline below the key $117,000–$114,000 cost-basis zone, which began on Oct. 10, has left many top buyers at a loss.
On-chain data shows continued selling from long-term holders since July and reduced institutional interest, as Bitcoin ETFs recorded a 2,300 BTC outflow this week.
Meanwhile, the futures market experienced a dramatic cleanup. The Estimated Leverage Ratio fell to multi-month lows, and funding rates plunged to levels not seen since the 2022 FTX collapse. These are both signs of intense liquidation and peak market fear.
BTC futures estimated leverage ratio | Source: Glassnode
Analysts Split on Bitcoin’s Next Move
The options market has shown early signs of stabilization, with open interest rebounding even as volatility surged to 76%.
Bitcoin options open interest | Source: Glassnode
Short-term options remain “put-rich,” reflecting cautious sentiment. However, some traders view this as the final stage of a market reset before Bitcoin price recovery.
Experts like Ted believe Bitcoin could reclaim new highs by 2026, advising traders to use current dips as buying opportunities. He added that as long as the $102,000 level holds, Bitcoin will be in a bull run.
$BTC long-term structure is still looking good.
As long as the $102,000 level holds, Bitcoin will be in a bull run.
If BTC closes a monthly candle below the $102,000 support level, I would be concerned. pic.twitter.com/1FZ9uKgMQe
— Ted (@TedPillows) October 15, 2025
However, crypto analyst Jason Pizzino noted on X that a move below $108,000 puts the bull market on “thin ice.”
Bitcoin is flirting with danger — a move below $108,000 puts the bull market on thin ice. But things aren’t looking as bad for gold, silver, and the stock markets, either, hitting new all-time highs day after day or very close to it. So, it’s hard to see the BTC cycle being over… pic.twitter.com/V0eJvKdUkP
— Jason Pizzino 🌞 (@jasonpizzino) October 16, 2025
However, he also pointed out that other assets like gold and stocks remain near record highs, suggesting the broader economic cycle still supports long-term growth.
Disclaimer: Coinspeaker is committed to providing unbiased and transparent reporting. This article aims to deliver accurate and timely information but should not be taken as financial or investment advice. Since market conditions can change rapidly, we encourage you to verify information on your own and consult with a professional before making any decisions based on this content.
Cryptocurrency News, News
A crypto journalist with over 5 years of experience in the industry, Parth has worked with major media outlets in the crypto and finance world, gathering experience and expertise in the space after surviving bear and bull markets over the years. Parth is also an author of 4 self-published books.
Parth Dubey on LinkedIn
2025-10-16 09:334mo ago
2025-10-16 04:454mo ago
Ethereum (ETH) About to Surprise You: Top Analyst Explains
Dynamics between cryptocurrency and traditional markets often not obvious, but at the same time, possibility for larger reversals exist
Cover image via U.Today
Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.
The Russell 2000 index is at a new ATH. If small-cap stocks are printing all-time highs, it implies that risk appetite is back. Additionally, Ethereum has followed small caps remarkably closely this year, as both trade on retail beta, growth optionality and liquidity. As many are aware, there is the potential for ETH to rise if risk continues to bid. This thesis is supported by the current technical outlook for the Ethereum market.
Ethereum recently recovered the cluster around the 50/100-day MAs after surviving a hard flush into the high $3,700s on the daily. The uptrend is maintained because the 200-day is still lower at about $3,500. A move through $4,220-$4,280 would invalidate that micro downtrend and reopen $4,500-$4,650, followed by the previous peak. The price is currently working below a short descending line from the recent local high.
How this correlation functionsLiquidity cycle: A small-cap rally typically occurs when margin financial conditions have improved. Bitcoin and Ethereum, in particular, are a high-beta liquidity sponge.
HOT Stories
ETH/USDT Chart by TradingViewGrowth narrative: ETH and small caps both price optionality, which includes future network cash flows (L2 settlement, staking yield, restaking and rollup revenues) for the latter, and future earnings for the former.
Mechanisms of rotation: Beta moves down the stack after BTC legs first. Prior to money flowing into long-tail alternatives, ETH was the biggest liquid beta vehicle.
What can go wrong?Correlation is a fair-weather friend. Should the Russell squeeze primarily consist of systematic short-covering, the link will break as soon as macro data changes (hot inflation print, rates repricing).
Overhang in supply: Any increase in exchange balances, ETF arbitrage inventory or significant waves of validators unstaking would cap upside. The cash-flow narrative deteriorates as stocks continue to rise if fees remain muted and L2 volumes stagnate.
Ethereum is poised to surprise to the upside if the Russell at ATH is indicating a long-lasting risk-on phase. Respect the invalidation levels and avoid marrying the correlation if the equity move is merely a gamma-driven pop.
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2025-10-16 09:334mo ago
2025-10-16 04:464mo ago
XRP Price Crash Ahead? Why Ripple Could Drop to $0.75
Something’s breaking beneath the surface of the crypto market—and XRP might be the first to feel it. While traders watch for the next big breakout, the charts tell a different story: fading momentum, tightening volatility, and mounting macro pressure from Washington. The latest Federal Reserve Beige Book just confirmed what many feared—America’s economy is slowing, tariffs are biting, and inflation is quietly staging a comeback. That combination doesn’t just shake Wall Street; it hits speculative assets like XRP hardest. The question now isn’t whether XRP price can recover—it’s how deep this next drop might go.
XRP Price Prediction: What’s Really Going On With XRP?XRP price has been struggling to hold above its $2.40 support level after a sharp rejection near the mid-Bollinger Band at $2.75. The recent Heikin Ashi candles show lower highs and smaller-bodied red candles—classic signs of fading bullish momentum. The Bollinger Bands are tightening, pointing to volatility compression, and whenever XRP enters this phase, a breakout (usually downward) follows.
Now, when you factor in the macroeconomic backdrop from the Federal Reserve’s Beige Book, the setup looks increasingly fragile.
How Is the Fed’s Beige Book Hurting Crypto Sentiment?The Beige Book painted a picture of a sluggish U.S. economy: slow hiring, tariff-driven inflation, and cautious businesses holding off on expansion. Investors read this as a warning that growth is stalling, even as inflation remains sticky.
Normally, rate cuts by the Fed should boost risk assets, including crypto, but here’s the catch—this time, the Fed is cutting rates not because of recovery optimism, but because the economy is losing momentum. That kind of easing doesn’t fuel speculation; it signals fear. And markets tend to dump volatile assets like XRP when uncertainty rises.
Are Tariffs and Inflation the Hidden Enemies of Crypto Bulls?Yes. The Beige Book’s comments on “tariff-induced cost increases” are key. Higher import costs raise inflation, forcing the Fed into a corner—either keep rates high and risk a slowdown or cut and risk even more inflation.
For XRP, this matters because inflation-driven volatility pushes traders toward safer assets (like Treasury yields and stablecoins). Add to that a risk-off mood in equities, and liquidity quickly drains out of altcoins. Historically, when inflation reports rise while growth stalls, XRP loses between 15–25% over the following two weeks.
What Does the Chart Say About XRP’s Next Move?XRP/USD Daily Chart- TradingViewOn the chart, XRP price is trading below both the 20-day moving average (blue line) and the middle Bollinger Band—strong resistance near $2.75. The lower Bollinger Band sits near $2.30, but if this level breaks, the next visible Fibonacci support is around $1.95, followed by $1.50.
There’s also a descending channel forming since the October 10 drop. Unless XRP can reclaim $2.60 and close above it with volume, the bias remains bearish. Momentum traders are watching for a daily close below $2.40 to confirm another leg down.
XRP Price Prediction: Could XRP Price Fall to $0.75?If the Fed’s October meeting triggers another rate cut without boosting investor confidence, XRP could see accelerated outflows. Combine that with a risk-averse market and ongoing tariff uncertainty, and a retest of lower psychological supports becomes likely.
A long-term Fibonacci retracement from the July low shows $0.75 as a potential worst-case downside if the broader crypto market enters a correction phase led by macro headwinds.
What Might Prevent a Crash?Two things could flip this scenario:
A dovish Fed statement paired with strong liquidity injections.Renewed optimism around Ripple’s partnerships or a major regulatory breakthrough.If either occurs, XRP price could bounce toward $2.80–$3.00, but without that catalyst, every rally may get sold into.
Final TakeThe Beige Book hints at a cooling economy and rising inflation pressure—an ugly mix for speculative markets. XRP’s chart mirrors that anxiety, with technical resistance stacking up while momentum fades. Unless macro conditions shift or Ripple delivers a major positive headline, $XRP next destination could be below $2, and in an extended downturn, $0.75 isn’t out of reach.
In short: the data isn’t lying. The market’s telling you what’s coming.
2025-10-16 09:334mo ago
2025-10-16 04:474mo ago
Crypto scammer on the run with $1.8 billion in Bitcoin
Chen Zhi, chairman of Cambodia’s Prince Group, has become the central figure in one of the largest crypto fraud scandals on record.
This week, U.S. authorities sanctioned him over his role in orchestrating vast “pig butchering” operations across Southeast Asia, where forced labor compounds were allegedly used to defraud victims around the globe. Arkham data confirms the scale of his digital fortune: addresses tied to Chen hold nearly 15,957 Bitcoin, worth around $1.77 billion at current prices.
On Arkham, the wallet cluster labeled chen-zhi-sanctioned shows a portfolio composed entirely of Bitcoin, with BTC trading near $110,700 at press time. Transfers reveal how his empire consolidated its holdings over years, with multi-thousand BTC inflows dating back three years.
Chin Zhi account movement. Source: Arkham
In one transaction, almost 4,000 BTC, nearly $90 million at the time, was funneled into Chen-linked addresses. Another movement added more than 3,400 BTC, equivalent to $81 million.
Hunt for the crypto scammer takes a twist
The most eye-catching detail, however, is not only in the past. Just hours ago, Arkham flagged a movement of 4,999 BTC, worth more than $560 million, from an address connected to Chen. What unsettled analysts is that this wallet was not yet on the official sanction list, echoing the flows associated with the infamous LuBian syndicate earlier this year.
Chin Zhi account movement. Source: Arkham
It suggests that while U.S. enforcement has captured a large share of the scam empire’s funds, significant pockets of Bitcoin remain mobile, and perhaps beyond immediate reach.
The U.S. Department of Justice has already seized more than 127,000 BTC linked to Chen’s network, a haul valued above $14 billion. It is the largest single crypto forfeiture in history, eclipsing even the Silk Road takedown. In total, the U.S. government now controls over $36 billion worth of Bitcoin, making it the world’s seventh-largest holder, with Chen’s seized fortune representing its biggest single source.
Chen Zhi himself remains at large, facing potential sentences of up to forty years if convicted. His wallets may be labeled and sanctioned, but as the Arkham charts show, some continue to stir. That activity points to a larger truth: the fight between regulators and rogue operators is no longer only in the courts or policy papers, but live on-chain, with millions of dollars moving across addresses in real time.
2025-10-16 09:334mo ago
2025-10-16 04:514mo ago
Mt. Gox's 34,000 Bitcoin Deadline Sparks Market Jitters — Analysts Warn of FUD
Mt. Gox wallets moved for the first time in seven months, sparking fears as the 34,000 BTC repayment deadline nears on October 31.Analysts warn weak OTC liquidity could magnify sell pressure if $3.8 billion in BTC hits markets without another extension.Renewed wallet activity revives Mt. Gox FUD, threatening fragile sentiment amid declining institutional demand and macro uncertainty.The long-running Mt. Gox saga has returned to center stage as blockchain analysts detect new movement in the defunct exchange’s wallets for the first time in seven months.
The move comes just weeks before a key repayment deadline, sparking concerns about renewed market FUD (fear, uncertainty, and doubt).
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Mt. Gox Wallet Moves Ahead of 34,000 BTC Repayment DeadlineData on Arkham shows that Mt. Gox still holds around 34,000 Bitcoin that still need to be repaid to creditors. The court-approved extension expires on October 31, 2025 (Japan Time).
Bitcoin Held By Mt. Gox. Source: Arkham IntelligenceThe extension came as some creditors had not completed the necessary procedures or encountered issues during repayment. As the repayment deadline approaches, investor concerns about imminent sell-pressure grow.
🚨 JUST IN: Mt. Gox Repayments Deadline Extended to October 2025.
$4B payment selling pressure now shifted to 2025 🚀📈
— DJBubblegum (@bubblegum_dee) October 10, 2024
According to CryptoQuant analyst Mignolet, if the trustee fails to secure another delay, the remaining funds, valued at over $3.88 billion, could soon enter the market. Such an outcome could unleash a fresh wave of selling pressure and fear.
“When the extension was announced, action must be taken by October 31…If there is no further extension, these 34,000 bitcoins will eventually enter the market, which could clearly become a catalyst for creating FUD once again,” said Mignolet.
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Weakening Liquidity Raises Market ConcernsMt. Gox began distributing Bitcoin and Bitcoin Cash repayments in July 2024, marking a milestone after nearly a decade of legal proceedings.
While previous sales and government liquidations were largely absorbed by over-the-counter (OTC) demand, analysts warn that this may not be the case this time.
“Last year, about 80% of the German government’s volume was processed through OTC trading,” Mignolet noted, referencing Coinbase Prime’s role as a key institutional liquidity venue. “But unlike last year, that volume is now weakening. It remains uncertain whether the market can absorb 34,000 Bitcoins at once as it did before.”
The analyst added that if OTC channels fail to soak up the supply, the coins could spill directly into public markets, amplifying volatility.
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The timing is also seen as “unfavorable,” coming amid declining institutional demand and broader macro uncertainty.
Strive’s Bitcoin Strategy in QuestionOne potential buffer, Strive (ASST), had previously announced plans to follow MicroStrategy’s playbook by purchasing Bitcoin as a corporate treasury asset from May 2025.
The firm, led by Vivek Ramaswamy, suggested helping absorb part of the Mt. Gox distribution. However, Mignolet expressed doubts about the feasibility of that plan.
“Strive raised $750 million through a PIPE offering, which was entirely used to purchase 5,800 bitcoins at an average price of $116,000…Absorbing the Mt. Gox volume would require at least $4 billion in funding, and it’s unclear whether such funds can be secured in the current situation,” he said.
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With MicroStrategy stock under pressure and similar firms facing investor fatigue, Strive’s ability to act as a stabilizing force looks increasingly limited. Another extension to the repayment schedule could be possible, but that would “leave the bad news lingering.”
Familiar Wallet Activity Sparks SpeculationAdding to the tension, Mt. Gox-linked wallets have recently shown on-chain activity reminiscent of past pre-repayment tests.
“After seven months, movement has been detected in the Mt. Gox wallet…In the past, just before repayment, Mt. Gox conducted small-scale Bitcoin transfers for transaction testing. Now, a similar movement is being observed,” Mignolet posted on X.
Mt. Gox Moves BTC After Seven Months. Source: ArkhamWhile it is not yet confirmed whether these transactions signal imminent repayment, the coincidence has revived fears of a renewed Mt. Gox-driven selloff, just as market liquidity and sentiment appear most fragile.
Disclaimer
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Total crypto market cap has erased another $100 billion daily.
Bitcoin’s recovery attempts have come to a halt as the asset has declined below the $111,000 level once again on Thursday morning.
The altcoins are also in the red, with ETH slipping to $4,000 and XRP dropping back down to $2.40. There are a few double-digit price losers as well.
BTC Slides Below $111K
Bitcoin and the rest of the cryptocurrency market experienced massive turbulence at the end of the previous week, when the largest of the bunch plunged by over $20,000 on some exchanges and bottomed at a multi-month low of $101,000. This crash wiped out over $19 billion in leveraged positions from more than 1.6 million traders.
BTC tried to recover in the following days after immediately surging back to $110,000. It kept climbing at the start of the new business week and hit $116,000 on Tuesday.
However, that was as far as it could go as the bears stepped up once again. They pushed the asset south to $113,000 yesterday and below $111,000 as of press time today. This means that its market capitalization has fallen once again and is close to breaking below $2.2 trillion on CG.
Its dominance over the altcoins, though, has bounced since yesterday and is up to $57.2%.
BTCUSD. Source: TradingView
Alts in Retrace Mode
Most altcoins have produced even more painful declines over the past 24 hours. Ethereum leads the pack with a 4.4% drop that has pushed it to under $4,000. XRP has dipped to $2.39 after a 5% nosedive. SOL, ADA, LINK, DOGE, XLM, HYPE, SUI, AVAX, HBAR, and MNT have charted losses of up to 8%.
There are four double-digit price losers, led by TAO’s 15% daily plunge. ASTER (13%), ZEC (12%), and IP (10%) follow suit.
In contrast, COAI continues to steal the show with a massive 50% surge since yesterday that has driven its price to well over $23 as of press time.
The cumulative market cap of all crypto assets has erased $100 billion since yesterday and is down to $3.850 trillion on CG.
Bitcoin (BTC -1.86%) has a market capitalization of $2.3 trillion, making it the world's largest cryptocurrency by a wide margin. It has delivered a 19% return in 2025 so far, and it's one of the only cryptocurrencies that consistently sets new record highs.
2025-10-16 09:334mo ago
2025-10-16 05:004mo ago
$600M Bitcoin short sparks fear – Is BTC's $110K under threat?
Key Takeaways
Why is BTC under pressure this week?
The market hasn’t recovered from last week’s liquidation, BTC failed to hold $115k mid-week, and $600 million in new short positions suggest smart money is pricing in further downside.
How does the U.S.–China trade war factor in?
Trump’s confirmation of ongoing trade tensions adds macro volatility, making BTC’s $110k support increasingly fragile.
The market hasn’t recovered from the recent liquidation cascade, and it looks like another one is lining up. For context, it has been a week since the $19 billion wipeout, and the market is still struggling to find a grip.
Backing this, FOMO hasn’t kicked in yet. Spot demand for Bitcoin [BTC] remains low, and fear continues to dominate sentiment. At this point, calling $110k a solid support for BTC is still too premature.
Against this setup, Donald Trump’s comments on the trade war have only reinforced the downside. Does this mean BTC is lining up for another wipeout? Early signals suggest the smart money is already pricing it in.
Trump confirms trade war pressures will persist
“We are in now,” Trump doubled down on the U.S.-China trade war.
In a recent panel, when asked if the market should price in a “sustained” trade war with China, Trump didn’t hold back, making it clear that macro chop is far from priced out, and tariffs remain the main line of defense.
In short, the 100% tariffs aren’t off the table yet, with execution still set to hit China starting the 1st of November. Market reaction? BTC was up 0.68% intraday, at press time, showing some short-term chop but no real follow-through yet.
Source: TradingView (BTC/USDT)
In other words, Bitcoin’s still way off from locking $110k as a solid base.
Zoom in: BTC is down 3.23% on the week. It failed to flip $115k into support mid-week, and the week closed with a range break. The sell-off pushed BTC back toward $110k, showing a clear bearish bias in the tape.
Simply put, BTC’s structure is getting put to the test.
However, the $600 million in short positions suggests that the market is anticipating further downside, a trend that has recently delivered significant profits for traders.
$600M BTC shorts raise market suspicion
Timing is proving to be a major market trigger in this cycle.
Flashback a week ago, before the $19 billion wipeout, AMBCrypto spotted a $420 million BTC short around $121k, making it the biggest bet in months. That trade cashed out huge, fueling speculation of insider trading.
Now, we’re seeing a similar setup. A whale dropped a $600 million short across multiple assets, with $194 million on BTC at 10x leverage. The kicker? It went live 90 minutes before Trump dropped the trade war news.
Source: X
The timing screams this move wasn’t random.
Instead, with the U.S.-China trade war odds ramping, dip-buyers nowhere to be seen, and BTC’s $110k under pressure, this $600 million short looks like a strategic hit on Bitcoin. Will it pay off? History says it probably will.
In this context, another leverage flush isn’t off the table.
According to CryptoQuant, capital is still heavily leveraged, and with most positions held by bearish traders, Bitcoin’s $110K support level is starting to look increasingly vulnerable.
2025-10-16 09:334mo ago
2025-10-16 05:004mo ago
Paxos Accidentally Mints Then Burns 300 Trillion PYUSD
The stablecoin issuer briefly created the massive sum, worth about $300 trillion, before burning it just 22 minutes later. Paxos called the event an “internal technical error.” While the mistake prompted Aave to temporarily freeze PYUSD trading, it also served as a very powerful case study in blockchain accountability. OKX Australia’s Kate Cooper and Eco’s Ryne Saxe pointed out that the open nature of blockchain made the mistake instantly visible and correctable, which is a stark contrast to traditional banking where similar errors can stay hidden for months. Still, experts like Fireblocks’ Shahar Madar warned that these incidents prove that there is still a need for stronger operational controls in the stablecoin sector..
$300T PYUSD Minting BlunderBlockchain data revealed something bizarre on Wednesday when stablecoin issuer Paxos minted and then burned 300 trillion tokens of PayPal’s USD stablecoin, PYUSD, within just 30 minutes. The event unfolded on the Ethereum blockchain, and left many people in the crypto community puzzled. It also caused a temporary suspension of PYUSD trading on the Aave platform.
According to Ethereum data, Paxos minted the massive amount of PYUSD, which is equivalent to roughly $300 trillion, at 7:12 pm UTC before sending the entire batch to an inaccessible wallet less than half an hour later, effectively burning it. The transaction was so large that it briefly unsettled traders and triggered automated risk controls. Chaos Labs founder Omer Goldberg confirmed in an X post that Aave would temporarily freeze PYUSD trades after detecting the “unexpected high-magnitude transaction.”
After the incident, Paxos quickly addressed the confusion on X by clarifying that the event was caused by an internal mistake rather than a hack or security breach. “This was an internal technical error,” the company said. “There is no security breach. Customer funds are safe. We have addressed the root cause.” The firm later confirmed that the minting occurred during an internal transfer process and was promptly corrected.
Despite the eye-popping scale of the transaction , PYUSD’s price remained stable, and briefly dipped only about 0.5% before returning to its dollar peg. At the time of the incident, PYUSD had a market cap of approximately $2.3 billion, which ranked it as the sixth-largest stablecoin behind industry giants like Tether’s USDT, Circle’s USDC, Ethena’s USDe, MakerDAO’s DAI, and World Liberty Financial’s USD1.
Top stablecoins by market cap (Source: CoinMarketCap)
The episode is now one of the largest token burns in crypto history, though few have come close to such an astronomical figure.
PYUSD Glitch Shows Blockchain’s StrengthAlthough it was alarming at first, Paxos’ accidental minting and burning episode became a real-world demonstration of just how blockchain’s transparency can actually strengthen trust in digital finance. The incident occurred at 7:12 pm UTC and was corrected just 22 minutes later. While the scale of the mistake was staggering, the blockchain’s open ledger made it immediately visible, traceable, and easy to correct —which is something rarely achievable in traditional finance.
Kate Cooper, CEO of OKX Australia and a former banking executive, said the incident sheds some light on blockchain’s potential to improve oversight and accountability. “Mistakes happen in every financial system — the difference with blockchain is that they’re visible, traceable, and quickly correctable.” Cooper believes that the same transparency that exposed Paxos’ error is what could strengthen governance and modernize financial operations, adding that this level of openness is virtually “unheard of” in legacy banking systems.
Ryne Saxe, CEO of cross-chain liquidity platform Eco called the Paxos event a “case study” in the benefits of real-time accountability. He said the public nature of blockchain data allows for instant detection and resolution of errors, which is in stark contrast to the more opaque and delayed response mechanisms that is typical in the traditional banking sector.
History is filled with examples of massive financial blunders that stayed hidden for months. Citigroup once accidentally credited $81 trillion to a client’s account in 2024, while Deutsche Bank mistakenly transferred €28 billion to a partner in 2015. These mistakes took hours or even months to correct and disclose.
Still, experts warn that the Paxos event also proves that there is a need for stricter operational controls in stablecoin management. Fireblocks vice president Shahar Madar said that “minting $300 trillion is a preventable mistake,” and that stablecoin issuers should enforce stronger security policies to govern every step of token creation and destruction. Even though blockchain’s transparency proved its worth, the incident still serves as a reminder that human and technical safeguards must evolve alongside the technology itself.
2025-10-16 09:334mo ago
2025-10-16 05:004mo ago
Kodiak Finance integrates Orbs' dTWAP and dLIMIT tools to enhance trading on Berachain
Kodiak Finance, the native liquidity platform for Berachain, has integrated Orbs’ decentralized dTWAP and dLIMIT protocols to bring more advanced trading functionality to its users, as reported to Finbold on October 16.
The integration adds institutional-grade order types to Berachain’s leading decentralized exchange, which currently holds over $250 million in total value locked (TVL) and has processed more than $4 billion in trading volume.
More than 100,000 users on Kodiak can now access new tools for time-weighted and limit order execution, helping reduce slippage and improve trading efficiency.
Bringing CEX-level trading to Berachain’s decentralized network
Orbs’ dTWAP (decentralized Time-Weighted Average Price) protocol enables large trades to be broken into smaller orders that execute over time, minimizing price impact. The feature can also serve as a dollar-cost-averaging (DCA) strategy, allowing users to accumulate assets gradually rather than in a single transaction.
Meanwhile, the dLIMIT protocol allows traders to specify their desired buy or sell price instead of executing immediately at market value.
Together, the two protocols bring centralized-exchange-style execution to Berachain’s decentralized environment, offering greater flexibility in how orders are placed and filled.
Kodiak’s interface supports both dTWAP-Market orders, which execute trades at current market prices, and dTWAP-Limit orders, which only trigger when prices fall within user-defined limits. Traders can also adjust parameters based on market conditions and gas fees.
By integrating Orbs’ Layer-3 infrastructure, Kodiak strengthens its position as a leading decentralized finance (DeFi) hub on Berachain, combining deep liquidity with professional-grade functionality. The move also reinforces Orbs’ role as a key provider of advanced on-chain trading protocols for decentralized exchanges.
Featured image via Shutterstock.
2025-10-16 09:334mo ago
2025-10-16 05:004mo ago
Ethereum Ready For ‘Rapid Expansion' As Price Holds $3,900 Support – 30% Rally Coming?
As the market volatility continues, Ethereum (ETH) has dropped 3.1% in the daily timeframe and is attempting to hold a key price area as support once again. Despite the dip, some analysts have suggested that the King of Altcoin is set to start a new expansion phase soon.
Ethereum Retests Major Support Zone
On Wednesday, Ethereum fell below the $4,000 level for the third time this week, retesting a crucial area before bouncing. The cryptocurrency has been trading within the $3,800-$4,800 price range in the daily timeframe since the early August breakout.
During the recent market correction, ETH briefly lost its local range, reaching a two-month low of $3,435 last Friday. Nonetheless, the price quickly bounced from the lows, reclaiming the $4,000 area over the weekend. Since then, the King of Altcoins has been hovering around the lows, attempting to reclaim the range’s mid-zone but ultimately failing.
As the price retested the $3,900 area, Daan Crypto Trades noted that Ethereum has been able to maintain daily closes above the $4,100 area despite this week’s volatility, suggesting that a recovery of this level is still possible today. Nonetheless, failing to hold this area in the daily timeframe could propel a drop to the $3,800 support and risk a potential dip to the $3,400 mark.
ETH’s price dips below its two-month range in the weekly timeframe. Source: Daan Crypto Trades
The trader also warned that the cryptocurrency must also hold the $4,100 region on the weekly timeframe to maintain its current structure and target a climb to the range highs around $4,800. He affirmed that “the real fun starts if this can trade and close above $5K. Until then, we’re range-bound within those two levels.”
Similarly, Ali Martinez highlighted that ETH could see a 28%-53% rally based on Ethereum’s MVRV Extreme Deviation Pricing Bands. According to the analyst, if the price holds the $3,900 level, which is a major support, “the Pricing Bands point to a move toward $5,000 or even $6,000.”
Is A Repeat Of ETH’s 2021 Playbook Coming?
Other market watchers have also shared a positive long-term outlook for ETH, suggesting that investors shouldn’t worry about the recent price pullbacks. Analyst Crypto Jelle pointed out the 18-month descending broadening wedge formation on Ethereum’s chart, which was broken out of during the Q3 rally.
Jelle noted that the cryptocurrency is “just holding the breakout area as support,” consolidating between the breakout area and the last cycle’s ATH. To the analyst, ETH looks “very ready for a rapid expansion higher” once it breaks out of the accumulation range.
Meanwhile, Crypto Kaleo emphasized the structural similarities between the beginning of the last bull market’s breakout and Ethereum’s current price action. Per the chart, the King of Altcoins traded within a two-year range during the previous cycle, retesting the range’s resistance twice and briefly deviating below the range’s low before breaking out.
Then, ETH saw a multi-month accumulation period above the breakout level before continuing its rally toward new highs. Kaleo’s post highlighted that the cryptocurrency appears to be repeating a similar playbook, currently consolidating before potentially resuming its run toward higher targets in the next few months.
As of this writing, ETH is trading at $4,001, a 11.3% decline in the weekly timeframe.
Ethereum’s performance in the one-week chart. Source: ETHUSDT on TradingView
Featured Image from Unsplash.com, Chart from TradingView.com
2025-10-16 09:334mo ago
2025-10-16 05:054mo ago
172 Companies Now Hold 1.02 Million Bitcoins as of Q3 2025
In Q3 2025, bitcoin establishes itself as a pillar of companies’ financial strategies. With 1.02 million bitcoins held by 172 listed companies, the crypto queen moves beyond speculation to become an essential store of value. Decoding a revolution underway.
In brief
In the third quarter of 2025, 172 companies now hold 1.02 million bitcoins, representing 4.87% of the total supply and a 40% increase compared to the previous quarter.
Strategy, MARA Holdings and XX1 lead bitcoin adoption, with strategies ranging from aggressive accumulation to gradual integration.
Despite volatility and regulatory risks, bitcoin asserts itself as a store of value and a diversification tool for companies.
Q3 2025: The historic rise of bitcoin in institutional portfolios
The third quarter of 2025 marks a turning point for bitcoin. Indeed, publicly traded companies holding bitcoin now represent nearly 40% of the total, that is 172 companies, compared to far fewer three months ago. Furthermore, the total volume has risen to 1.02 million bitcoins, accounting for 4.87% of the total supply. An increase of 20.87% in just three months, with a valuation exceeding 117 billion dollars.
Companies are no longer just observing: they are acting. In Q3 2025, 48 new companies have added bitcoin to their balance sheet, a record. Among them, historical players like Strategy, which has strengthened its position with an additional 40,000 bitcoins. But also newcomers attracted by the liquidity and market growth potential. This dynamic reflects a growing confidence in BTC as a safe haven asset and diversification tool.
Bitcoin giants: who holds what and why?
Among the 172 companies holding bitcoin in 2025, some stand out for the size of their reserves. Strategy, with 640,031 bitcoins, remains the undisputed leader, followed by MARA Holdings (53,250 BTC) and XX1 (43,514 BTC). These players adopt varied strategies:
Aggressive accumulation for Strategy;
Mining and targeted acquisition for MARA;
Gradual integration for XX1.
The companies holding the most bitcoin in 2025.
Their motivation? A combination of inflation hedging, speculation on rising prices, and financial innovation. With 48 new players entering crypto treasury in the past 3 months, the movement is accelerating. Metaplanet, a Japanese company, embodies this trend in Asia, where bitcoin is increasingly viewed as a strategic asset. With 30,823 bitcoins, it demonstrates how Asian companies are embracing the topic. This, in response to unstable local monetary policies.
The record acquisition of 176,762 bitcoins in Q3 2025, mostly by American and Asian companies, highlights this race for adoption. Companies no longer just hold bitcoin: they integrate it into their business model. Whether to attract investors, optimize cash flow, or position themselves as pioneers in a booming market.
BTC: a legitimate corporate asset or a risky bet?
Despite its growing adoption, bitcoin remains a volatile and controversial asset. Its detractors point to sharp price fluctuations, such as the 20% drop recorded in 2024, or regulatory uncertainties, especially in the United States and Europe. For companies, these risks are not trivial: they can impact their stock market valuation and credibility with traditional shareholders.
However, the benefits are real. BTC offers a hedge against the depreciation of fiat currencies, a strong argument in a context of persistent inflation. It also allows companies to differentiate themselves by attracting investors and talent sensitive to technological innovations. Some companies, like Tesla, have already shown how bitcoin can serve as a communication and growth tool.
Bitcoin enters a new era dominated by companies, with reserves exceeding one million units. Between historic opportunity and calculated risk, its adoption raises a fundamental question: are we witnessing the emergence of a new financial standard, or a speculative bubble without a future?
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Eddy S.
The world is evolving and adaptation is the best weapon to survive in this undulating universe. Originally a crypto community manager, I am interested in anything that is directly or indirectly related to blockchain and its derivatives. To share my experience and promote a field that I am passionate about, nothing is better than writing informative and relaxed articles.
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.
Eric Trump’s World Liberty Financial plans to tokenize real estate using USD1 stablecoin, making property investment accessible to microinvestors.
Emir Abyazov2 min read
16 October 2025, 09:12 AM
World Liberty Financial co-founder Eric Trump announced plans to tokenize real estate in an interview with CoinDesk. The initiative involves a building under construction and will be implemented using World Liberty Financial’s technology and its USD1 stablecoin.
Tokenization Opens Real Estate to MicroinvestorsAccording to Trump, tokenization will allow private investors to acquire equity tokens without relying on banks, while receiving additional perks such as hotel privileges or exclusive services. This model is part of World Liberty Financial's broader strategy to integrate crypto infrastructure with traditional finance.
WLFi' token. Source: CoinGeckoTrump emphasized that tokenization could democratize investment, enabling retail investors to participate in real estate projects previously available only to institutional players.
"If I want to build a hotel in New York or Dubai, why do I need to go to Deutsche Bank? Why can't I go directly to people?" he said, describing the idea of selling micro-shares priced at $1,000.
His comment came shortly after project partner Zach Witkoff spoke at the Token2049 conference in Singapore, announcing plans to move part of the Trump family's real estate portfolio onto the blockchain.
WLFI Token Launch and Payment InfrastructureLaunched in 2024, World Liberty Financial is also developing a debit card and mobile app to allow everyday use of the USD1 stablecoin. The company previously announced that its WLFI token would launch on the Ethereum mainnet. Starting September 1, 2025, investors will receive 20% of their allocation, with the remaining 80% unlocked later through community vote.
Previously, World Liberty Financial also proposed a mechanism for the buyback and burning of WLFI tokens, aiming to manage token supply and value over time.
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Emir Abyazov
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2025-10-16 09:334mo ago
2025-10-16 05:134mo ago
Ethereum Adds 16K Developers in 2025, Yet Solana Steals All the Hype
Ethereum added 16,181 new developers from January to September 2025 with 31,869 total active developers yet Solana captured the industry narrative by adding 11,534 developers and growing 83% year-over-year, while Ethereum core developers earn median $140,000 salary, 50-60% below market rates.
A long-dormant Bitcoin whale has resurfaced, moving a large batch of coins amid renewed market volatility and uncertainty over Bitcoin’s price direction.
Summary
A long-dormant Bitcoin wallet has transferred 2,000 BTC, valued at over $222 million, to 51 new addresses.
The funds were evenly split, with 50 wallets receiving about 37.576 BTC each and one receiving 121.18 BTC.
The structured transfer suggests deliberate reorganization or security upgrades rather than random activity.
Bitcoin is hovering near $110,000, following a retreat from recent highs above $126,000.
A long-time Bitcoin whale has transferred 2,000 BTC, worth about $222 million at current prices, into dozens of new wallets in what appears to be a carefully coordinated move.
Blockchain data from Arkham Intelligence shows that the funds were distributed across 51 fresh addresses. Fifty wallets each received 37.576 BTC (BTC), worth roughly $4.2 million, while one wallet received 121.18 BTC, around $13.4 million.
Bitcoin whale moves 2k BTC to 51 wallets | Source: Arkham
The transfers mark the first significant movement of these coins in years, originating from an address tied to Bitcoin’s early days. The structured and even distribution of the assets points to a deliberate move rather than a spontaneous transaction, likely aimed at reorganizing or securing holdings.
However, the timing of the transfers has sparked speculation about intent, particularly as Bitcoin struggles to regain strong momentum following the recent market downturn.
OG Bitcoin whale stirs, is a dump coming?
The reappearance of long-dormant whales from Bitcoin’s early days is often linked to profit-taking. BTC has risen sharply since these early accumulation periods, and such large movements typically fuel speculation that a holder may be preparing to offload part of their stash to realize gains.
With BTC hovering around $110,000 after dipping from recent highs above $126,000, market attention has turned to the potential for such a sale to further exert downward pressure on price.
Still, not every major on-chain movement signals a dump. Some early holders periodically move funds to strengthen security, upgrade storage infrastructure, or shift coins into institutional custody. It is also possible that the wallet restructuring is part of an internal reorganization rather than an exchange-bound transfer.
For now, there’s no evidence that the coins have reached any exchange addresses. Bitcoin itself remains relatively stable, down roughly 2.4% on the day, with no immediate market reaction to the latest whale movement.
If the coins eventually move toward exchanges, it could confirm selling intent and add near-term pressure on price. But if they stay dormant in fresh wallets, the move may simply reflect routine portfolio management by the Bitcoin whale.
2025-10-16 09:334mo ago
2025-10-16 05:214mo ago
Ripple CTO Responds to Major $19 Billion Market Crash Question
David Schwartz, Ripple CTO, reveals he has not studied cause of crypto market's "Black Friday"
Cover image via U.Today
Last Friday's overnight liquidation wave that erased nearly $19 billion in crypto derivatives positions across major exchanges has finally made it to Ripple’s Chief Technology Officer David Schwartz.
Addressing a question about whether market makers were behind the violent sell-off that pulled Bitcoin down to $102,000 and sent altcoins into double-digit losses, Schwartz admitted he had not studied the triggers or mechanics but made it clear that the ripple effect spoke for itself.
The consequences have been brutal indeed. Open interest on the derivatives market collapsed by more than $6 billion within hours, funding rates reset across all major pairs and liquidations clustered on overleveraged long positions.
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I haven't looked at the causes and the actual mechanics closely. But I have looked at the effects. :(
— David 'JoelKatz' Schwartz (@JoelKatz) October 16, 2025 Data from CoinGlass shows Bitcoin alone accounting for roughly $2.1 billion in wiped-out positions, while Ethereum added nearly $800 million to the total as its failed breakout attempt above $4,000 turned into a rapid reversal.
For XRP, closely tied to Schwartz through Ripple, the plunge below $2 erased almost 15% of its market capitalization before a partial recovery toward $2.50 as the nearing XRP ETF decisions continued to affect sentiment.
Potential reasonsIn the meantime, market participants continue to figure out the real reasons for the so-called "Black Friday." Some tie it to the Binance vs. Hyperliquid tension, with the former publicly admitting that the flash crash was boosted by the depegging of such margin collaterals as USDe, BNSOL and WBETH.
At the same time, the reasons lie in the potential insider play within the U.S. government and mysterious whale who perfectly played out the flush with a $600 million short on Bitcoin.
By choosing to stress outcomes over speculation about culprits, Schwartz placed attention squarely on the damage inflicted on market participants.
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2025-10-16 09:334mo ago
2025-10-16 05:244mo ago
Bitcoin Bulls Fight to Hold $BTC Above Key Support Levels
Perhaps due in part to the continued war of words between the US and China over trade, the Bitcoin price has failed to maintain its recovery and is trading sideways. One major trendline and one major support level are all that prevent Bitcoin from a further big dip to the downside.
Could $BTC start to gain strength against gold?Bitcoin continues to look weak as gold and silver show amazing strength during this current period of sometimes intense uncertainty as President Trump ramps up and then cools down the war of words with China.
This said, both gold and silver are heavily overbought now while Bitcoin is becoming oversold. Could Bitcoin finally start to recover from here?
Source: TradingView
The BTC/XAU chart in the daily time frame puts things into perspective. Yes, BTC/XAU has just crashed out of the descending channel, a very bearish turn of events, but the breakdown has not been confirmed yet. Also, the ratio has just encountered a strong support level at 26 oz, while an even more robust support level is just below at 24.6 oz. Given that the daily Stochastic RSI indicators have hit the bottom, it might be expected that the Bitcoin/gold ratio might start to turn in Bitcoin’s favour from here.
Is $BTC about to drop to last key support level?
Source: TradingView
The 4-hour chart for the $BTC price shows that the bears look to have succeeded in flipping the $112,000 level into resistance. At the same time, the price is now tracking sideways under the major trendline. This is not a good turn of events and could herald a drop to the last major support at $108,000.
The Stochastic RSI indicators are heading up, but if this bearish price action continues they would turn back around and head to the bottom, perhaps getting there at the same time as the price reaches the major support level.
Could this then signal the bottom? Quite possibly, as Bitcoin would become very oversold. That said, if the Trump/China trade war hits another bad moment this could be enough to send Bitcoin even lower.
200-day SMA could be last line of support
Source: TradingView
The daily time frame draws attention to how the $BTC price is teetering below what is now horizontal resistance at $112,000, with a fall to the last major support at $108,000 a real possibility.
The 200-day simple moving average (SMA) has come into play already, acting as support for last Friday’s crash. It may well be that this moving average becomes support once again, especially as it converges with the $108,000 horizontal level.
Ascending trendline has to hold
Source: TradingView
The weekly time frame for the $BTC price says it all. The ascending trendline has to hold in order for the uptrend to survive. Yes, there is the possibility that the price could fall through the trendline and even dip below the $108,000 major support level, but it would have to be bought back up again to avoid going into a potential tail spin that could drag the crypto market into the next bear market. This week’s close is crucial.
Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.