Market Signal Briefing

Journalist

Posted: October 13, 2025

Key Takeaways
Why are traders turning bullish on ASTER?
Funding Rates flipped positive at 0.007%, showing a long-heavy bias as TVL climbed to $2.18 billion.

Will ASTER’s momentum continue?
Resistance near $1.8 remains the hurdle—if bulls clear it, the rally could extend in the short term.

Decentralized perpetual exchange Aster [ASTER] regained investor confidence as it finalized plans for an airdrop rollout.

The effect has been positive for its price performance, with 4% of its native token allocated for the airdrop. Following this announcement, the token rallied 20% at the start of the day, while capital inflows remained strong.

Whether this trend will lead to a sustained bullish outcome for ASTER remains to be seen, but market analysis offers potential directions.

On-chain liquidity on the rise
There has been a noticeable increase in on-chain liquidity as the market continued to regain confidence.

Aster’s Total Value Locked (TVL), which measures the level of interest among on-chain investors in an asset, rose by $141 million in the past day to reclaim $2.16 billion.

Source: DeFiLlama

This surge was accompanied by a significant increase in trading activity, as decentralized exchange (DEX) Volumes reached $262 million in the last 24 hours. This indicated that investors were actively accumulating more ASTER.

Over the past seven days, total volume reached $2.24 billion, according to recent data.

However, there has been a shift—Aster’s perpetual exchange has yet to reclaim a spot among the top 15 perpetual protocols with high liquidity levels in the market.

Retailers’ bullish fever for ASTER
Retail investor activity on centralized exchanges provided a more detailed view of the market conditions.

Data from CoinGlass indicated that retail traders placed more long positions than short on ASTER in the past day.

This trend is reflected in the Open Interest Weighted Funding Rate, which turned positive at 0.0072% after staying negative for two consecutive days.

Source: CoinGlass

An observation of the Relative Strength Index (RSI) chart showed that it has also reclaimed the positive level after remaining neutral for about four days.

Whenever the RSI enters a positive zone, it typically signals that bullish momentum is strengthening, potentially allowing prices to move higher on the chart.

Resistance ahead despite optimism
Despite the growing bullish sentiment, the momentum building around ASTER does not guarantee a straightforward rally. ASTER now faces a resistance zone marked by dense supply clusters around the $1.75–$1.80 range.

Source: TradingView

A rejection there could stall the recovery and pull prices back if momentum fades.

Still, market tone remains constructive, supported by $1.44 trading levels and sustained on-chain engagement.

In brief
Larry Fink said he had to “relook at [his] assumptions” about Bitcoin.
BlackRock now manages several crypto-linked ETFs amid growing investor interest.
Some firms, including Hargreaves Lansdown, remain wary despite offering crypto products.
BlackRock CEO Larry Fink has once again reiterated cautious approval of crypto investments and walked back previous comments he made in October 2017 about Bitcoin being an “index of money laundering.”

Speaking with CBS on Sunday, Fink said that “I did say Bitcoin, because we were talking about Bitcoin then, was the domain of money launderers and thieves.”

“But you know, the markets teach you, you have to always relook at your assumptions. There is a role for crypto in the same way there is a role for gold, that is, it’s an alternative,” he said.

In his latest comments, however, Fink also urged caution. “For those looking to diversify, it is not a bad asset, but I don’t believe that it should be a large component of your portfolio,” he added.

BlackRock, the world’s largest money manager, oversees roughly $12.5 trillion in assets. It launched one of the first U.S. crypto spot Bitcoin ETFs in 2024 following regulatory approval from the SEC. Its iShares Bitcoin Trust ETF is the largest crypto ETF with more than $93.9 billion assets under management.

Fink’s shift in tone over the years is in line with a broader softening of Wall Street’s stance on cryptocurrencies. He was part of a cohort of CEOs who once dismissed Bitcoin outright. In 2017, he called it an “index of money laundering,” while JPMorgan Chase CEO Jamie Dimon described it as “a fraud” and said people who owned it were “stupid,” likening the asset to the Dutch tulip mania in the 1630s.

Since then, the mood has changed, with Fink taking a more conciliatory tone from 2023 onwards. Major financial firms, from asset managers to investment banks, are gradually moving into the crypto sector, drawn by investor demand even as they warn of volatility and regulatory risk.

In a letter to investors earlier this year, Fink himself noted that half of the demand for BlackRock's Bitcoin ETF has been "from retail investors, and three-quarters of those investors had never owned an iShares product before."

Chief Investment Officer at Sygnum Fabian Dori told Decrypt that particularly since the re-election of U.S. President Donald Trump, the embrace of crypto assets has moved from institutional involvement to institutional adoption.

“If there was any need for further confirmation of the increasing institutional adoption, it has probably been provided by BlackRock CEO Larry Fink flagging Bitcoin as a potential replacement of the U.S. dollar as a global reserve currency in case the U.S. debt situation would spiral out of control," he said. "These developments have driven Bitcoin dominance, the share of Bitcoin’s market cap relative to the total crypto asset market cap, to a level not seen for years."

Leading global traditional asset managers such as BlackRock or Fidelity have already added Bitcoin to the strategic asset allocation of some of their investment products, while corporations such as Tesla, Strategy, and Metaplanet have integrated Bitcoin into their corporate strategy as a hedge against inflation.

Dori added institutions are interested in three key use cases: Specific crypto assets as an alternative store of value, specific crypto assets as an alternative means of payment and specific crypto assets as a next-generation infrastructure  that enables decentralized application economies.

“Increased macro uncertainty, geopolitical tensions, and the growing risk of currency debasement are factors that promote Bitcoin’s safe haven or store of value attributes,” he said.

Still, not everyone is convinced.

Last week, British investment platform Hargreaves Lansdown warned users to steer clear of Bitcoin, calling it an asset with “no intrinsic value.” In a notice to clients, the firm said crypto “shouldn’t be relied upon to help clients meet their financial goals.”

But firms are still feeling pressure to meet customer demand for these sorts of products. Hargreaves Lansdown itself, which manages $226.8 billion (£170 billion) in assets, nevertheless said it would still allow qualified investors to access new British crypto exchange-traded notes despite their warning.

Bitcoin was trading above $115,000 on Monday, up 3.6% in the past 24 hours, according to CoinGecko. The price recovery follows a sharp dip on Friday, when it slid from $121,000 to $109,000 within hours, triggering nearly $20 billion in liquidations, including roughly $16.7 billion in long positions.

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Solana-based liquidity layer Kamino is integrating crypto prime broker Project 0 to unlock cross-margin lending using a single pool of credit.

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.

All of the top 10 coins are in the green zone today, according to CoinStats.

ETH chart by CoinStatsETH/USDThe price of Ethereum (ETH) has gone up by 3.64% over the last 24 hours.

Image by TradingViewOn the hourly chart, the rate of ETH is looking bearish as it is on its way to the local support of $4,042. If buyers cannot seize the initiative, one can expect a level breakout, followed by an ongoing correction to the $4,000 mark.

Image by TradingViewA less clear picture can be seen on the longer time frame. The volume is declining, which means neither bulls nor bears are ready for a sharp move.

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In this case, sideways trading in the area of $4,000-$4,300 is the most likely scenario for the next few days.

Image by TradingViewFrom the midterm point of view, the situation is quite similar. The rate of the main altcoin is far from crucial levels, which means traders are unlikely to witness an increased volatility anytime soon.

Ethereum is trading at $4,111 at press time.

The crypto market just pulled a surprise comeback. It started with three simple words from Donald Trump: “It’ll be fine.” That reassurance, posted on Truth Social, helped cool off fears of an escalating trade war with China and set off a relief rally across risk assets. Stocks rebounded, Bitcoin reclaimed $114,000, and XRP price which had been under pressure for weeks; jumped nearly 5%. But while macro sentiment lit the spark, Ripple’s latest move could be the real fuel behind XRP’s next big leg up.

XRP Price Prediction: Did Trump Just Reignite Risk Appetite Across Markets?

Late last week, Trump rattled markets by threatening “massive” tariffs on China, triggering a broad selloff that wiped out over 800 points from the Nasdaq. But over the weekend, he shifted tone, insisting that “it will all be fine” and even calling China’s President Xi “highly respected.”

That small shift had big market consequences. The Nasdaq opened up 1.7%, the S&P 500 rose 1.3%, and Bitcoin rebounded from weekend lows. Gold broke to new highs above $4,100, confirming investors were repositioning fast. With risk-on sentiment returning, altcoins — especially those with strong fundamental catalysts — found themselves in the spotlight again.

XRP was one of the first to respond. After a sharp selloff last week that tested support near $2.00, the token climbed back above $2.56 on a 4.6% daily gain, signaling renewed buying pressure. But the move isn’t just about market optimism. The real story is Ripple’s latest strategic step — one that could redefine XRP’s use case inside institutional DeFi.

XRP News: Ripple’s “Attackathon” and the Birth of XRPL LendingJust as the macro clouds began clearing, Ripple and Immunefi dropped their own bombshell: a $200,000 “Attackathon” designed to secure the upcoming XRPL Lending Protocol. This isn’t a random bug bounty. It’s the most public and transparent security audit Ripple has ever opened to the global white-hat community.

The initiative will run from Oct. 27 to Nov. 29, giving researchers the chance to find vulnerabilities in the proposed lending protocol before it goes live. Ripple’s goal is clear — ensure the XRPL Lending layer is ironclad before it heads to a validator vote later this year.

Here’s why that matters. If approved, the protocol will bring native pooled lending and underwritten credit directly to the XRP Ledger. That means institutions could issue and repay loans without leaving the network, while investors could earn yield on idle assets — all under compliant, auditable infrastructure.

RippleX’s Head of Product, Jasmine Cooper, summed it up best: “This initiative is about making sure the proposed Lending Protocol is thoroughly tested and resilient before launch.” It’s the kind of move that signals confidence — and one that positions XRPL squarely within institutional DeFi’s next phase.

XRP News: Security, Liquidity, and Institutional TrustRipple’s decision to partner with Immunefi wasn’t random. Immunefi is known for protecting over $180 billion in user funds and stopping more than $25 billion in potential exploits. By joining forces, Ripple isn’t just strengthening its code — it’s broadcasting a message to regulators, banks, and enterprises: “We’re building DeFi that’s safe enough for institutions.”

This is key because lending protocols are the backbone of decentralized finance. Ethereum has Aave. Solana has MarginFi. Now, Ripple wants XRPL to join that club — but with a more compliance-friendly and credit-based model. That’s where the $12 speculation starts to make sense.

Once lending goes live, every transaction — from collateral to yield — could drive real demand for XRP as a base asset. That turns passive liquidity into active utility, something XRP’s ecosystem has been missing since the early cross-border payment days.

XRP Price Prediction: Is the XRP Recovery Real?XRP/USD Daily Chart- TradingViewLooking at the daily XRP/USD  chart:

XRP Price sits around $2.56, up nearly 5%.

Bollinger Bands (20,2) are tightening, signaling volatility compression. The mid-band sits near $2.81 — the next test level.The lower band at $2.41 provided strong support last week, following a deep liquidity wick that momentarily dipped below $2.00.The first green Heikin Ashi candle after a cluster of red ones is printing — an early sign that bearish exhaustion might be ending.If XRP can close a daily candle above $2.80, that would confirm a short-term reversal and open the path to $3.20–$3.60. Momentum is building, but volume confirmation is still required. A close above $3.20 would flip market structure back to bullish, setting the stage for larger targets.

XRP Price Prediction: Can XRP Price Really Reach $12?Let’s be clear: $12 isn’t tomorrow’s target — it’s the long-term ceiling if Ripple executes this DeFi expansion flawlessly. The roadmap looks something like this:

Attackathon success: No critical vulnerabilities found — institutional confidence grows.Validator approval: Protocol activated on XRPL, introducing real lending and yield mechanisms.Institutional adoption: Financial entities start using XRP-based credit and liquidity solutions.At that point, XRP price stops being a speculative token and becomes infrastructure. And in a full-blown bull market, when Bitcoin stays above six figures, an XRP rally toward $10–$12 becomes not just possible, but mathematically supported by network demand.

The Risk FactorOf course, no setup is risk-free. If security researchers find serious flaws, the lending protocol vote could be delayed or derailed. A rejection from validators would immediately stall momentum. Additionally, XRP remains correlated with macro sentiment — meaning another tariff escalation or Fed surprise could drag it back under $2.40 support.

Short-Term OutlookBullish Case: XRP holds above $2.50 and breaks $2.80, targeting $3.20 next week.Neutral Case: Consolidation between $2.40 and $2.80 as markets digest Attackathon updates.Bearish Case: A close below $2.40 reopens $2.00 liquidity.Given the macro tailwinds and fundamental momentum, the bullish case currently carries higher probability.

Final TakeTrump’s reassuring “it’ll be fine” moment restored global market confidence just as Ripple reignited investor excitement with its most ambitious XRPL upgrade yet. Together, these two forces — political calm and protocol innovation — may have just set the stage for XRP’s next breakout cycle.

If Ripple’s lending protocol clears its Attackathon unscathed and gains validator approval, $XRP could be on the path from short-term recovery to long-term revaluation. And while $12 might sound bold, in crypto, confidence and catalysts often move faster than anyone expects.

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TL;DR

XRP has staged a strong recovery after the sharpest market drop in months, regaining over $75B in market value following a steep plunge to multi-month lows.
Trading volume and long positioning surged as buyers stepped in aggressively after the correction.
Technical indicators point to additional upside if key resistance areas are cleared in upcoming sessions.

XRP fell below the $2 mark after the announcement of 100% tariffs on Chinese imports triggered broad selling pressure across major digital assets. The token dropped to $1.58 on Bitstamp, its lowest point in ten months, before sentiment reversed. It has since climbed to $2.60, reflecting a 9.60% gain in the last 24 hours. Some traders pointed out that automated liquidation cascades exaggerated the initial decline, creating unusually discounted entries across top-tier exchanges.

Market capitalization now stands at $156.31B, and 24-hour trading volume has reached $11.17B, a 48% increase that signals determined buying interest. The recovery has pushed valuations close to pre-crash levels, supported by renewed activity in the derivatives market. Open interest and leveraged positioning confirm that bullish momentum remains in play. Several desks also reported increased spot accumulation from Asian trading hours.

Technical Signals Favor Further Upside
The weekly Stoch RSI sits at 8, a zone historically linked to strong reversals in XRP. In late 2024 the token rallied over 400% after touching similar conditions, while another surge above 90% began in mid-2025. Traders are closely tracking this indicator as a potential trigger for extended upside. Some long-term holders argue that structural liquidity has improved since the previous cycle.

Chart Nerd noted that every dip into oversold territory since mid-2024 preceded significant rallies. Several analysts now consider a move toward $5 achievable if momentum continues and supply zones are surpassed. Confidence has stayed firm despite the severity of last week’s sell-off and the policy-driven market shock.

Key Resistance Zones In Focus
The $2.70 to $2.80 range is the first critical test, having acted as support in previous sessions and containing roughly 3.8B XRP accumulated at those levels. A secondary pocket lies between $2.88 and $2.95, where both the 50-day and 100-day simple moving averages intersect. Clearing either band with conviction could attract larger allocations from institutional desks.

CryptoBull argues that a weekly close above the 2025 uptrend line would keep the broader bullish structure intact. Regaining the 200-day simple moving average has also strengthened sentiment and reinforced medium-term positioning. With volume expanding and buyers active on dips, XRP retains strong potential to extend its recovery.

Ethereum reclaims $3,650 support after a false breakdown; charts and demand point to a possible rally toward $4,800 or $7,000 by 2026.

Hyperliquid has launched HIP-3, a network upgrade making its platform permissionless for perpetual exchanges; developers can deploy markets by staking 500,000 HYPE, challenging the CEX model.

Ripple and Immunefi have launched a $200,000 “Attackathon” to test and secure the upcoming XRPL Lending Protocol.

Summary

Ripple partnered with Immunefi to test the security of the XRPL Lending Protocol
Two organizations will launch $200,000 “Attackathon” to test the security of the protocol

Lending protocols are historically high-value, high-risk targets in DeFi. On Monday, Oct. 13, Ripple and Immunefi launched a $200,000 “Attackathon” to test and secure the upcoming XRPL Lending Protocol. This protocol is a key part of XRP Ledger’s expanding DeFi roadmap.

The initiative will invite global security experts to identify vulnerabilities in the protocol before it goes live. Experts who find critical vulnerabilities will receive bounties from the $200,000 rewards pool. The program is currently in its training phase, with active bug hunting set for Oct. 27 to Nov. 29.

“This initiative not only strengthens XRPL’s infrastructure but also reinforces Immunefi’s mission to protect the most critical ecosystems in Web3,” said Mitchell Amador, CEO and Founder of Immunefi, adding that it leverages “the expertise of the world’s best security researchers.”

XRPL Lending Protocol key to Ripple’s DeFi pivot
The goal of the hackathon is to stress test the XRPL Lending Protocol before launch, reducing the risk of critical failures. It also aims to build confidence in a protocol that will form the backbone of the XRPL’s DeFi ecosystem.

“This initiative is about making sure the proposed Lending Protocol is thoroughly tested and resilient before launch, so developers and institutions can build with confidence. Partnering with Immunefi allows us to work with some of the top security researchers to help strengthen this new layer of XRPL’s DeFi infrastructure,” said Jasmine Cooper, Head of Product at RippleX.

XRP, the smart-contract-enabled section of the Ripple (XRP) ecosystem, is known for its speed and cheap transactions. However, it has so far not supported lending, a key element in DeFi. This is what the XRPL Lending Protocol aims to enable.

In brief
Crypto ETPs drew $3.17 billion in inflows last week, pushing 2025's total to a record $48.7 billion.
Friday's market crash saw minimal ETF outflows of just $159 million, suggesting retail investors held positions while institutional traders remained largely unaffected.
Bitcoin briefly dropped below $110,000 over the weekend but is recovering, with Ethereum showing a larger gain over the last 24 hours.
Bitcoin and Ethereum exchange-traded products pulled in $3.17 billion worth of funds last week before spot markets tanked on Friday during tense trade talks between the U.S. and China.

Bitcoin funds pulled in $2.6 billion and Ethereum funds saw $338 million worth of new deposits, according to a report from crypto asset manager CoinShares.

Last week's inflows have brought the year-to-date crypto fund deposits to a record $48.7 billion, meaning crypto ETPs have already beat last year's record flows.

There's some evidence that the crash had an impact on ETF holdings, but not much. "Friday saw little reaction with a paltry $159m outflows," noted CoinShares Head of Research James Butterfill.

He added that it's unlikely retail traders were the ones selling their Bitcoin and Ethereum ETF shares on Friday.

"We’ve found that retail holders of ETPs tend to be much 'stickier' than institutional investors, who often engage in basis trading," he told Decrypt, referring to traders who buy long spot and short futures. "Therefore, I’d expect most of the outflows to come from institutional investors who were likely washed out of the basis trade after this recent sell-off, rather than from retail holders—although there was no evidence of this on Friday flows, so it seems that the institutional basis trades (who really move the flows) were not impacted much."

At the time of writing, users on Myriad, a prediction market owned by Decrypt parent company Dastan, think there's little chance optimism will return in the next two days. Roughly 62% of predictors think the Crypto Fear & Greed Index will still be below 55 on October 15. That number has jumped by more than 13% in the past day.

The Crypto Fear & Greed Index sank as low as 24 on Sunday, solidly in the "extreme fear" range. As of Monday morning, it's at 38 and moved back into the "fear" zone.

Even before the flash crash, Butterfill said there were an awful lot of ETF shares changing hands last week.

"Weekly volumes on digital asset ETPs were the largest on record at a whopping $53 billion for the week, double the 2025 weekly average, with Friday volumes being the largest daily on record at $15.3 billion," he wrote. "Total assets under management following the tariff announcement fell by 7% from last week's peak to $242 billion."

At the time of writing, Bitcoin has rebounded nearly 3% in the last day to about $114,200. Over the weekend, it briefly dipped below $110,000—a level BTC hadn't seen in two weeks.

The recovery for Ethereum has been even more pronounced. On Monday morning, ETH has surged more than 7% to $4,118 after spending the majority of the weekend below $4,000, according to crypto price aggregator CoinGecko.

Leveraged traders on perpetual contracts on centralized exchanges bore the brunt of the Friday crash, according to Marcin Kazmierczak, co-founder of crypto oracle company RedStone.

"Within hours, the total cryptocurrency market capitalization fell from around $4.3 trillion to approximately $2.7 trillion, wiping out nearly $600 billion in paper value," he told Decrypt. "The flash crash in token prices caused collateral values to plummet momentarily, triggering massive liquidation cascades."

He pointed out that the carnage was less severe on decentralized exchanges and DeFi projects.

"Firstly, major oracles such as Chainlink and RedStone kept reporting price feeds from multiple venues, being immune from flash crashes at some exchanges," he said. "Secondly, there was simply less leveraged on-chain positions."

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Pi’s supply dynamics are shifting towards DeFi: will this revolutionary Pioneer crusade wake up the bull?

Market Sentiment:

Bullish

Bearish

Neutral

Published:
October 13, 2025 │ 2:35 PM GMT

Created by Kornelija Poderskytė from DailyCoin

The 70-million strong Pi activist community has just agreed to launch a community-powered crypto buy-back program, which is aimed at reducing Pi Coin’s (PI) supply on centralized exchanges (CEXs). For this reason, the Pioneers are encouraging the community to withdraw their Pi Coins (PI) held on CEXs, preparing for the decentralized exchange’s (DEX) launch on Pi’s mainnet.

417M Pi Coins In Buy-Back Plan To Boost PriceAccording to the preliminary estimations, there’s 417 million Pi Network (PI) tokens sitting on exchanges, which puts extra hurdles in Pi’s price growth. If this supply is rather consumed on Pi Network’s decentralized exchange, the induced supply crunch could significantly drive up the price, argues Fen Leng. However, the buy-back plan heavily relies on the mainnet’s user base.

📢417M $Pi tokens are sitting in exchanges where the key supply that controls the market price!
With the arrival of DeFi on Pi, the supply of $Pi on CEX will be drained by pioneers who may want to trade,swap on Pi DEX or provide liquidity for rewards. The network will decide… pic.twitter.com/B3Eg5jezKV

— PiNetwork⚡️阿龙 (@fen_leng) October 13, 2025
A few weeks back, Pi Network’s (PI) core developer team unleashed a bi-folded upgrade on the network, adding an automated market maker (AMM) & a dedicated decentralized exchange (DEX). This feature is examined on the testnet now, while the 100-dApp plan is rolled out on the mainnet in phases. With Web3 user activity being key in this plan, a lot will depend on scarcity.

Pioneers Peel Their Eyes On This ‘Uptober’ DateThe growth of Pi Network (PI) since the mainnet launch in February, 2025 has been nothing less of a turbulent ride, going from $2.99 to $0.20, producing one of the heaviest altcoin shake-outs this year. Multi-million Pi Coin (PI) unlocks didn’t help, just like the lack of listings on major exchanges, despite multiple hints from Binance, HTX, KuCoin & other popular brands.

With the latest DeFi push, Pioneers are now waiting to see the final results of the Pi Hackathon 2025, which is focused on bringing utility to the Pi Network (PI). Fresh produce delivery, social networking, Play 2 Earn games and other decentralized applications (dApps) are on the table, but the core team remain mysterious on which of the showcased apps will make the mainnet.

🚀 The Pi Mainnet ecosystem is experiencing explosive growth!
There are already 210+ live apps, with more than 23,000+ in Pi Studio gearing up to launch on the Mainnet!

📅 Final Hackathon submission deadline: Wednesday, October 15
More amazing apps are racing against time to… pic.twitter.com/QSDI4OTO47

— Pi News (@PiNewsMedia) October 12, 2025
The results shall come in on October 15, 2025, with over 23,000 candidates in Pi Studio. There’s over 210 live apps currently available on the testnet, while the full list can be accessed by Pi Browser. Following the news, Pi Coin (PI) bounced back by 4.77% in the latest 24-hour period to trade at $0.21, but the daily trading volume remains disparagingly low at $57,316,756.

Why This MattersPi Network’s courageous move towards from major exchanges to DeFi aligns with a popular global trend, with decentralized exchanges witnessing a 50% growth in Q3 of 2025.

Stay in the loop with DailyCoin’s popular crypto scoops:
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People Also Ask:What is causing the supply crunch for Pi Coin?

Pioneers actively move Pi tokens from centralized exchanges (CEX) to Pi’s decentralized exchange (DEX) for trading, swapping, and liquidity, reducing available supply.

How does the DeFi integration impact Pi Coin?

Pi Network’s DeFi roll-out empowers pioneers to engage in decentralized trading, draining CEX reserves and driving a buy-back trend.

Why are pioneers triggering a buy-back mode?

Pioneers actively seek to control market price by relocating 417 million Pi tokens, creating scarcity and boosting buy-back demand.

What role does the Pi DEX play?

The Pi DEX enables pioneers to trade and provide liquidity without centralized authority, accelerating the shift from CEX to decentralized wallets.

How does this affect Pi Coin’s market value?

Reduced supply on exchanges, coupled with increased pioneer activity, potentially raises Pi Coin’s value as demand outpaces availability.

DailyCoin's Vibe Check: Which way are you leaning towards after reading this article?

Market Sentiment

0% Neutral

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

BitMine Immersion announced the acquisition of more than 200,000 ETH, raising its total holdings of the cryptocurrency to more than 3 million ETH. 

The firm said its crypto and cash holdings are worth nearly $13 billion. BitMine holds a mix of ETH and BTC, in addition to its bitcoin mining business lines and shares in Eightco Holdings, a Worldcoin treasury company. 

BitMine is the largest treasury company of its kind, with its holdings far exceeding those of other firms, per Blockworks Research data. 

The firm, according to chairman Tom Lee, has maintained a goal of acquiring 5% of the total supply of ETH, which per Coingecko currently stands at more than 120 million tokens.

In this morning’s press statement, Lee cited last week’s market tumult and wave of liquidations in leveraged trading markets as key instigators for Bitmine’s latest purchases. 

“The crypto liquidation over the past few days created a price decline in ETH, which BitMine took advantage of,” Lee said in a statement, later adding: “We are now more than halfway towards our initial pursuit of the ‘alchemy of 5%’ of ETH.”

BitMine is one of a growing body of digital asset treasuries (DATs) that trade on public markets. 

BitMine’s stock, under the ticker BMNR, is trading at $54.86, up roughly 4.3% since the market’s open.

This is a developing story.

This article was generated with the assistance of AI and reviewed by editor Jeffrey Albus before publication.

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TagsBitMineDATsETHTom Leetreasury companies

Pseudonymous millionaire crypto trader Unipcs has taken a $15 million hit in what he called the most "brutal" liquidation in crypto history.

What Happened: Unipcs reported roughly $15 million wiped out just before liquidation as his positions in Bonk (CRYPTO: BONK), Fartcoin (CRYPTO: FARTCOIN) got wiped out.

His spot holdings remained largely intact, Unipcs said, explaining that while Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) fell roughly 13%, altcoins and meme coins plummeted 70%–99% within minutes.

The crash was largely confined to centralized exchanges, pointing to liquidity or market-maker issues rather than a systemic market collapse.

 Also Read: Bitcoin Roars To $114,000, Ethereum, XRP, Dogecoin Rebound From $20 Billion Liquidation Catastrophe

Exchange systems failed, stop-losses didn't trigger, and margin additions were impossible, creating a cascade of unprecedented speed and severity.

Unipcs concluded that he will revamp his frameworks, reducing leverage, strengthening risk protocols, and safeguarding positions from exchange-side failures.

Despite the massive loss, he remains bullish on the market, confident in a potential Q4 rally, and emphasized that losses can be recovered, with the cycle still offering enormous profit potential.

Read Next:

Peter Schiff Says Bitcoin’s Recovery Is A ‘Dead Cat Bounce’ While Gold Makes Another All-Time High
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TL;DR

House of Doge began trading on Nasdaq after merging with Brag House Holdings (TBH), marking its formal entry into traditional capital markets.
CEO Marco Margiotta said access to new capital will accelerate the development of global payment infrastructure built around the memecoin.
Investors include Rick Perry, the Steinbrenner family, Mario Nawfal, and several NHL players, alongside support from Alex Spiro.

House of Doge began trading today on Nasdaq following a reverse merger with Brag House Holdings (ticker: TBH), a company focused on the college online gaming sector.

The transaction marks the formal entry of the memecoin’s corporate structure into traditional capital markets, aiming to strengthen token adoption within the conventional financial system.

New Capital to Develop a Payment Network
CEO Marco Margiotta explained that listing on the stock exchange will provide access to the capital needed to accelerate the development of a Dogecoin-based payment infrastructure. He said the expansion of funding will be key to scaling payment solutions over a shorter timeframe. The initiative is backed by Alex Spiro, Elon Musk’s personal attorney, along with several institutional investors and public figures.

Key investors include former Texas Governor Rick Perry, the Steinbrenner family (owners of the New York Yankees), entrepreneur Mario Nawfal, and several current and retired NHL players such as Tyler Seguin, Jason Arnott, and Ales Hemsky.

House of Doge was founded in early 2025 and has launched several projects aimed at introducing Dogecoin into traditional finance and mainstream consumer markets. It is also a key partner of CleanCore, a fund with a treasury backed by the memecoin valued at $170 million and listed on the New York Stock Exchange.

Awaiting the Dogecoin Spot ETF
Together with 21Shares, the company has filed an application to list a Dogecoin spot ETF, which could be approved before the end of the year. It is also working with 21Shares and Robinhood on new yield-generating products and alternative investment vehicles based on the memecoin.

The company also plans to expand the tokenization of popular culture assets, starting with the sports world, aiming to connect the Dogecoin community with other fan groups. According to Margiotta, this combination of culture, entertainment, and crypto is a strategic channel to expand the token’s utility and visibility.

Going public will allow the company to pursue its expansion plan more aggressively than it could as a private entity. Margiotta concluded that growing Dogecoin’s utility should ultimately benefit all holders

Active Currencies 19208

Market Cap $3,976,398,620,456.10

Bitcoin Share 57.30%

24h Market Cap Change $2.04

AMBCrypto

Binance reserves just hit $42 billion, but Bitcoin may be flashing a warning!

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Binance reserves just hit $42 billion, but Bitcoin may be flashing a warning!

Bitcoin

2min Read

Stablecoin reserves are at historic highs, but rising retail flows could be a sign of an overheated market.

Posted: October 13, 2025

Journalist

Journalist

Posted: October 13, 2025

Samyukhtha L KM is a Financial Journalist and Market Analyst at AMBCrypto whose work is defined by one central question: Is the latest trend in blockchain hype, or history in the making?
Her expertise is built on a strong academic foundation, with a Master’s in Journalism and Mass Communication from Amity University and a Bachelor’s in Commerce from the University of Madras. This dual qualification equips her with a unique skill set: the financial acumen to dissect market mechanics and the journalistic rigor to investigate and communicate complex subjects with clarity.
Samyukhtha specializes in analyzing the socio-economic impact of blockchain adoption and assessing the viability of new market narratives. This includes a focus on high-velocity, community-driven assets such as memecoins, where she evaluates sentiment and fundamentals. She is dedicated to providing readers with insightful, well-researched commentary that looks beyond immediate market moves to understand the long-term implications of decentralized technology.

TL;DR

MicroStrategy now holds a total of 640,250 BTC. Its Bitcoin account is valued at $47 billion.
The massive investment comes amid a recovery in Bitcoin’s price, which has surpassed $114,000.
Michael Saylor maintains his firm conviction: Bitcoin is the primary long-term reserve asset.

Saylor has once again demonstrated his unwavering confidence in the pioneer cryptocurrency. MicroStrategy, under the leadership of Michael Saylor, has announced another massive Bitcoin acquisition. The company has raised its total holdings to the impressive figure of 640,250 BTC.

This solidifies its position as the largest corporate holder of Bitcoin globally. This portfolio was accumulated at a total cost of approximately $47.38 billion, with an average purchase price of around $74,000 per Bitcoin.

A Purchase Taking Advantage of the Market

This latest Bitcoin purchase by MicroStrategy comes at an opportune moment, coinciding with a notable market recovery. Following a recent correction, the price of Bitcoin has rebounded, currently trading at around $114,542, an increase of 2.4% in the last 24 hours.

Experts highlight that BTC’s ability to stay above the key level of $110,000, supported by steady inflows into spot ETFs, is strengthening the confidence of both institutional and retail investors.

Michael Saylor, the firm’s executive chairman, reaffirmed his strategic vision, positioning Bitcoin as a superior reserve asset to gold and fiat currencies for hedging against inflation. “Our commitment to Bitcoin remains unchanged,” Saylor stated, emphasizing the strength of his long-term accumulation strategy.

The market’s reaction was immediate: the company’s stock (MSTR) rose to $306.85 following the announcement, indicating that shareholders support the bold strategy. The persistent purchasing of Bitcoin by MicroStrategy is seen by many as a bullish signal, suggesting that large institutions consider current price levels an attractive entry point, further consolidating corporate adoption of the digital asset.

Hyperliquid is activating its HIP-3 upgrade on Monday, introducing permissionless perpetual market creation on its decentralized derivatives platform.

Summary

HIP-3 allows builders to deploy perpetual futures markets on HyperCore by staking 500,000 HYPE tokens.
The upgrade follows a $19.3 billion market-wide liquidation event, with $10 billion cleared on Hyperliquid alone.
HYPE price has rebounded from $20 to $42, aiming to break above the $45 resistance aligned with its 20-day SMA.

Hyperliquid (HYPE) is set to take a major leap toward decentralization with the activation of HIP-3 (Hyperliquid Improvement Proposal 3) upgrade.

According to an announcement shared in Hyperliquid’s official Discord, the network upgrade will go live on Oct. 13, and will include HIP-3. While there will be no immediate impact for existing users, builders who meet the on-chain criteria can begin deploying their own perpetual markets once preparations are complete.

Under HIP-3, deployers can launch decentralized perpetual exchanges on the HyperCore infrastructure by staking 500,000 HYPE tokens. The system integrates with HyperEVM, providing smart contract support and governance capabilities. To ensure market integrity, the proposal introduces safeguards such as validator slashing mechanisms and open interest caps.

A minimum viable product of this feature was previously live on testnet, and today marks its official mainnet rollout.

HYPE recovers as Hyperliquid weathers $10B liquidation
The HIP-3 rollout comes just days after one of the most turbulent weekends in crypto markets this year, sparked by renewed global trade tensions. A massive leverage flush across major exchanges wiped out roughly $19.3 billion in positions, with over $10 billion in liquidations occurring on Hyperliquid alone, according to Coinglass data.

Meanwhile, Hyperliquid’s native token HYPE is staging a strong rebound after last week’s drop to the $20 level. Now trading near $40, the token is attempting to reclaim the ascending trendline support, now acting as resistance, that has guided price action since late May. The $45 zone, aligning with the 20-day SMA, remains the short-term resistance. A successful breakout above it could set the stage for a move toward $52, corresponding to the most recent swing high.

Source: TradingView

XRP is back in motion. After weeks of consolidation and uncertainty, the digital asset has seen billions flow back into the market. The scale of inflows underscores a sharp turnaround in sentiment from hesitation to conviction as market participants rotate capital back into one of crypto’s most established names. With liquidity deepening and momentum rebuilding, XRP is once again showing why it remains a cornerstone of the digital finance narrative.

How Confidence Returned To The XRP Market
According to an analysis posted by the popular cryptocurrency commentary channel, CryptosRus, confidence is returning to the market, and XRP is leading the rebound. More than $30 billion has flowed back into the altcoin as investors buy the dip.

The surge of capital directly counters the massive market contraction that occurred during Thursday’s violent sell-off, which wiped out over $400 billion in total crypto market value, marking one of the largest liquidation events of 2025.

XRP showcasing underlying strength | Source: Chart from CryptoRus on X
However, where many digital assets struggled to find a floor, XRP was among the first major altcoins to flash signs of strength, signaling that investors view the previous crash as a temporary rather than a structural breakdown. This renewed appetite for the leading altcoin also comes as speculation grows around a potential Spot XRP ETF approval, a catalyst that could reshape institutional exposure to the asset class.

Monstrous Liquidation Event Clears The Board For XRP’s Next Leg
In a technical charge, following a violent market-cleansing event that shattered over-leveraged positions, a popular crypto commentator, DustyBC Crypto, has noted that XRP has officially completed its Elliott wave (E) formation on the 12-hour chart. The monstrous liquidation event occurred after the geopolitical saber-rattling from US President Donald Trump sent a shocking wave through the entire crypto market, especially on the XRP chart, which led the price to extreme lows before a violent recovery.

Dusty stated that the cascading liquidations wiped out overleveraged players. Although for those trading 1:1 without leverage, it was a shock, not a knockout. The event effectively flushed out excess leverage, leaving behind a cleaner market structure and a more stable foundation for the next leg upward.

Despite the liquidation flush out, XRP has now swept through multiple historical zones, areas that would typically take months to revisit, clearing out resistance and resetting bullish sentiment. With the Wave E formed and D yet to be punctured, the commentator suggests that patience remains key, but the dip has already played out, and the next major target remains $4.00.

XRP trading at $2.57 on the 1D chart | Source: XRPUSDT on Tradingview.com
Featured image from Getty Images, chart from Tradingview.com

7 minutes ago

The XRP price recovery came after the most severe market crash, suggesting aggressive buying on the dips in anticipation of further price gains.

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Key takeaways:

XRP rebounded 66% from $2.58 lows, adding $75 billion to its market cap amid a 35% volume surge and strong long positions.

Oversold weekly Stoch RSI signals a potential bullish reversal.

The XRP price must overcome resistance at $2.70-$2.96 before the next leg up.

XRP (XRP) dipped below the $2 mark on Friday, hitting a 10-month low of $1.58 on Bitstamp after President Trump’s 100% tariffs on Chinese imports sent shockwaves across the crypto market.

XRP price has, however, recovered most of its losses. It’s up over 7% today, recouping $75 billion in market capitalization since the crash.

XRP/USD daily chart. Source: Cointelegraph/TradingViewXRP market cap returns to $158 billionAs a result, the XRP prices and market cap have rebounded 13% over the last 48 hours and pared 66% of its losses from Friday’s lows to an intraday high of $158.5 billion on Monday. 

This recovery has also seen XRP price reclaim the 200-day simple moving average (SMA) (purple line). This trendline served as support in the April market crash, after which the price rallied 54%.

XRP market capitalization. Source: Cointelegraph/TradingViewXRP’s daily trading volume has also surged more than 35% over the past 24 hours to $11.5 billion, signaling aggressive dip-buying as traders reposition for the next macro catalysts.

The bullishness was also seen in the derivatives market, where trading volume has jumped by more than 44% over the last 24 hours to $12.2 billion, and open interest has increased by 7.6% to $4.1 billion as prices recovered.

Which way next for XRP?The Stochastic RSI is extremely oversold at 8 on the weekly chart, suggesting that a rebound could be in the cards.

The stochastic RSI is a momentum indicator that measures the relative strength index‘s value relative to its high/low range over a period, helping traders identify overbought and oversold conditions and potential reversals.

Previous instances have shown that such oversold levels on the Stochastic RSI often precede sharp rises in the XRP price. The altcoin’s gains were 486% between November and December 2024 and 91% between June and August 2025.

“XRP’s weekly Stoch RSI has revisited oversold levels, hinting a strong bullish reversal is on the cards,” said analyst Chart Nerd in a Friday X post, adding:

“On all occasions since July 2024, the Stoch RSI has marked a local bottom before a macro move higher. $5 is next.”XRP/USD weekly chart. Source: Cointelegraph/TradingViewXRP now faces resistance at the $2.70-$2.80 level, previously a support area and a critical zone where approximately 3.8 billion XRP were acquired, according to Glassnode. 

Another level to watch on the upside is the $2.88-$2.95 supply zone, where both the 50-day and 100-day simple moving averages currently sit.

For analyst CryptoBull, a weekly close above the 2025 uptrend line signals that XRP remains “extremely bullish.” 

#XRP closed the week above year long uptrend. Extremely bullish! pic.twitter.com/Y0TZai7YPM

— CryptoBull (@CryptoBull2020) October 13, 2025
This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.

Reform UK leader Nigel Farage took to the stage at DAS London this morning and promised that, should his party enter government, it would oversee a process of deregulation in the country’s crypto space.

During his appearance, Farage touted his party’s “Cryptoassets and Digital Finance Bill,” unveiled in May and criticized the management of the UK financial service sector by the Conservative Party and Labour Party. 

“It’s been completely neglected by both the last government and by this government, and I want to regenerate it. I want to make London back to being a great trading center and that includes [the crypto] space,” he told attendees.

Reform UK’s draft bill proposed cutting capital gains tax on crypto to 10%, establishing a bitcoin reserve at the Bank of England, and tightening rules against account closures based on lawful digital-asset activity.

“We have to get the tax burden right,” he said of Reform UK’s broader economic plans, decrying a “flight of capital, the flight of brains” to other countries. 

Farage’s pledges come as the major UK political parties fight over the direction of the country’s economy, amid a period of slowing growth and deteriorating government finances. Recent polls, per Politico EU, show Reform performing above the other parties, including the governing Labour Party. 

The comments also come amid shifts in the regulatory landscape for crypto in the UK. Late last month, UK and US officials announced the creation of a new collaborative task force intended, in part, to harmonize crypto rules.

Meanwhile, Bank of England chief Andrew Bailey has pushed for major stablecoins to be closely regulated in the country. According to Reuters, he remarked on Oct. 1 that “widely used UK stablecoins should have access to accounts at the BoE in order to reinforce their status as money.” Bailey has long argued that regulators must closely monitor and enforce rules around stablecoins.

This is a developing story.

This article was generated with the assistance of AI and reviewed by editor Michael McSweeney before publication.

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Quick Take$ETH is back above $4,000 after a violent intraday flush and swift V-shaped rebound.Chart levels in play: resistance at $4,350–4,360 (50-day SMA cluster) and $4,500; supports at $3,840, $3,500, and the 200-day SMA ~ $3,130.Macro tone improves: reports of progress on Middle East de-escalation and signals from China toward a tariff deal with the U.S. have revived risk appetite.Bias: cautiously bullish while price holds above $3,840; momentum accelerates on a daily close through $4,350.Market Recap & Chart Read$Ethereum daily chart shows a classic shakeout-and-reclaim:

The selloff knifed through mid-range support, tagging the $3,840–$3,500 demand zone (multiple green arrows), then reversed hard.Price has reclaimed the $4,000 handle and is pressing into the $4,350 area, which aligns with the 50-day SMA (~$4,354) and prior horizontal resistance (~$4,356–$4,357).Candles show long lower wicks on the lows, hinting at aggressive dip buying. Momentum now hinges on whether bulls can convert $4,350 into support.

ETH/USD 1-day chart - TradingView

Key levels from the chart

Resistance: $4,350–4,360 (50D SMA & prior horizontal), $4,500, $4,800, $5,000 (psychological).Support: $4,000 (round), $3,840 (range floor), $3,500, $3,200–$3,130 (200D SMA), $2,730 (major higher-time-frame level).Ethereum Price UP: Why Buyers ReturnedGeopolitics easing: Markets are leaning into headlines suggesting progress toward an Israel–Hamas war endgame and de-escalation more broadly—reducing tail-risk premia across risk assets.U.S.–China tone shift: Signals from Beijing toward striking a tariff compromise with Washington cooled trade-war anxiety, lifting global risk sentiment.With the macro fear premium fading, systematic and discretionary flows rotated back into crypto, favoring high-beta leaders like ETH after an oversold flush.

(As always, headlines can change quickly; levels above remain the actionables regardless of news.)

Ethereum Price Prediction (Near Term)Bullish Scenario (Base Case while > $3,840)Break & hold above $4,350–$4,360 → momentum trigger.Targets:

$4,500 (round + supply pocket)$4,800 (pre-$5k supply)$5,000 (psychological magnet / extension)Invalidation for this path: a daily close back below $4,000 increases chop risk; below $3,840 flips bias neutral-to-bearish.

Bearish/Defense Scenario (If Macro Sours or $4,350 Rejects)First downside catchers: $4,000, then $3,840.Loss of $3,840 opens a $3,500 test.If selling accelerates, $3,200–$3,130 (200D SMA) is the pivotal trend guardrail.Worst case (capitulation): a spike toward $2,730 before buyers likely defend higher-time-frame structure.

Ethereum Trading Strategy NotesMomentum traders: look for a clean daily close above $4,350 and intraday retest/hold to target $4,500 → $4,800.Swing participants: accumulate on defended dips into $4,000–$3,840 with clear invalidation; add only if the level holds.Risk management: respect the 200D SMA (~$3,130) as trend litmus—persistent closes below it would shift the medium-term view.

BitMine, the world’s largest corporate Ether holder, capitalized on this weekend’s crypto market crash to buy the dip, signaling more institutional confidence in Ether’s continued momentum.

The company said it acquired Ether (ETH) “more aggressively” during the market turmoil, pushing its total holdings past 3 million ETH, or about 2.5% of the cryptocurrency’s total supply. BitMine’s average purchase price was $4,154 per token.

Over the past few days, BitMine acquired 202,037 ETH, worth approximately $827 million, the company announced in a Monday X post.

This brings BitMine’s total holdings to $13.4 billion, which includes $12.9 billion in crypto and “moonshots” holdings, 192 Bitcoin (BTC), $104 million in cash and a $135 million stake in Nasdaq-listed technology company Eightco Holdings.

Source: BitMineBitMine’s aggressive buying may influence other corporate crypto treasuries to adopt a similar long-term accumulation strategy.

BitMine’s acquisitions come as the cryptocurrency market experienced a drastic correction on Friday, which led to a $19 billion liquidation event over the weekend. 

BitMine accelerates Ether accumulation planThe latest purchases bring BitMine “halfway” toward fulfilling its treasury goals.

“The crypto liquidation over the past few days created a price decline in ETH, which BitMine took advantage of,” said Tom Lee, chairman of BitMine and head of research at Fundstrat.

“We are now more than halfway towards our initial pursuit of the ‘alchemy of 5%’ of ETH.”“Volatility creates deleveraging, and this can cause assets to trade at substantial discounts to fundamentals, or as we say, ‘substantial discount to the future,’ and this creates advantages for investors, at the expense of traders,” Lee added.

BitMine’s stock is also gaining interest among traditional investors.

Source: BitMineBMNR was the 22nd most widely traded stock on US markets, based on its average five-day trading volume of over $3.5 billion, as of Oct. 10.

However, BitMine’s stock price fell 11% over the past five days, according to Google Finance data. The decline occurred days after Kerrisdale Capital took a short position on BMNR on Wednesday, after criticizing the company’s business model for being “on its way to extinction.”

Magazine: Bitcoin to see ‘one more big thrust’ to $150K, ETH pressure builds

Crypto just flushed out a minimum of $16,000,000,000 in liquidations as Bitcoin slipped as low as $102,000 and dragged majors with it, XRP/BTC printed one of the ugliest candles of the year — dipping under 0.000019 BTC before snapping back above 0.0000225 BTC — and the chart still looks like someone pulled the floor out from everyone for a few hours straight.

While thousands of traders got wiped on leverage, DonAlt — the same trader who months ago predicted XRP could run 700% from $0.50 into the $3.50 zone — somehow avoided a single hit.

Asked directly if he had closed at those highs, he answered that he only cares about closes and is still holding everything, no hedges, no stops, just spot.

HOT Stories

People know my positioning, I literally moved across the world so simply got lucky this time around

— DonAlt (@CryptoDonAlt) October 13, 2025 That is what kept the popular trader alive in a week where almost everyone else bled. "People know my positioning, I literally moved across the world so simply got lucky this time around," admitted DonAlt, revealing it was not some genius strategy but simply not being overexposed while the market erased billions.

Luck receiptNow with XRP reclaiming breakdown levels and majors like ETH and SOL trying to follow, DonAlt's timeline looks like a repeat of what he has been saying for months: spot, patience and no overtrading. When the crash came, that was enough.

The trader who called XRP's seven-fold move did not beat the $16 billion crash by timing it; he survived it because he never played the game that got everyone else liquidated. And of course, luck itself performed its little magic.

PI price rebounds from its $0.1533 low, posting steady gains as buying momentum returns across the crypto market. Elder-Ray Index at -0.0482 signals fading sell pressure, while BoP at 0.63 confirms growing bullish conviction. A breakout above $0.2573 could push PI toward $0.2917, though weak accumulation risks a retest of $0.1533.Pi Network’s native token PI has bounced back sharply after plunging to an all-time low of $0.1533 during last Friday’s market crash. Over the past three days, the altcoin has defied broader bearish sentiment, recording steady gains as traders begin to re-enter the market.

Technical indicators suggest that buying momentum is building, positioning PI to potentially break above its previous resistance levels.

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PI Coin Shows Early Signs of a Bullish Reversal Readings from the PI/USD daily chart show that the red bars of its Elder-Ray Index have steadily shrunk over the past few sessions, signaling a gradual reduction in sell-side pressure. As of this writing, this momentum indicator is at -0.0482. 

For token TA and market updates: Want more token insights like this? Sign up for Editor Harsh Notariya’s Daily Crypto Newsletter here.

PI Elder-Ray Index. Source: TradingViewThe Elder-Ray Index measures the strength of bulls and bears in the market. When it returns red histogram bars whose sizes begin to reduce, it indicates that bearish momentum is weakening and buyers are gradually regaining control. 

This pattern usually precedes a bullish trend reversal or short-term rally, especially when supported by other bullish signals.

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In PI’s case, its positive Balance of Power (BoP) reading supports this bullish outlook. At press time, this is at 0.59 and in an upward trend, signalling the growing buy-side conviction among traders.

PI BoP. Source: TradingViewThe BoP indicator measures the strength of buyers versus sellers in a market. BoP readings range between -1 and +1, with values closer to +1 reflecting strong buying pressure and values near -1 indicating intense selling pressure.

PI’s current BoP value of 0.59 reflects a gradual return of bullish sentiment among token holders. The indicator’s upward trend implies that more market participants are accumulating the altcoin rather than taking profits.

PI Coin’s Reversal Takes ShapeTogether, these trends show a gradual shift in market sentiment toward PI. If PI’s price maintains this trajectory, a breakout above the $0.2573 resistance could confirm the reversal and set the stage for a move toward the $0.2917 target zone.

PI Price Analysis. Source: TradingViewOn the other hand, if accumulation falls, it could trigger a revisit to a PI’s all-time low of $0.1533. 

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.

Ripple collaborates with Immunefi to engage security experts globally for the XRPL Lending Protocol.

Ripple and Immunefi have announced a strategic collaboration to boost the security of the XRP Ledger (XRPL) Lending Protocol, in a broader push to position it as an institutional-grade settlement layer.

The partnership was unveiled on October 13 and introduces an “Attackathon” designed to stress-test the proposed XRPL Lending Protocol ahead of its expected validator vote later this year. Through this initiative, top-tier Web3 security researchers from around the world are invited to identify vulnerabilities in the protocol, competing for a $200,000 prize pool.

XRPL Goes Institutional
According to the official press release shared with CryptoPotato, in addition to the bug-hunting competition, the Attackathon Academy will provide participants with targeted training on XRPL technology, running from October 13 to November 29.

The XRPL Lending Protocol itself represents a major step in Ripple’s enterprise-focused blockchain strategy, offering pooled lending and underwritten credit natively on the XRPL. The system is designed to automate the full loan lifecycle, from issuance to repayment, while linking borrowers to global liquidity sources and enabling lenders to earn yield on idle assets.

By integrating with existing risk and compliance processes, the protocol aims to improve transparency, efficiency, and accessibility in credit markets.

In a statement, Jasmine Cooper, Head of Product at RippleX, said,

“XRPL was designed to support secure, real-world financial applications, and that’s especially important as lending is introduced to the network. This initiative is about making sure the proposed Lending Protocol is thoroughly tested and resilient before launch, so developers and institutions can build with confidence. Partnering with Immunefi allows us to work with some of the top security researchers to help strengthen this new layer of XRPL’s DeFi infrastructure.”

XRPL Sees Strong September Activity
September 2025 was a busy month for the XRPL ecosystem with product improvements, compliance milestones, and community growth. As reported by CryptoPotato, self-custody cryptocurrency wallet Joey Wallet simplified onboarding, integrating MoonPay, First Ledger, and XRPCafe, while XRPScan introduced an amendment voting timeline for transparency in validator decisions. Xaman Wallet 4.2.1 removed trustline requirements and allowed seamless token transfers and MoonPay Sell integration for full fiat-to-XRP flows.

You may also like:

$3 Trillion Blockchain Payments Surge Predicted by 2025, Fees Plummet and Speed Soars

XRP Ledger in September 2025: The Good, the Bad, the Ugly

XRP Whales Offload $50M Daily: Sell Pressure Threatens Price Drop

On compliance, the Credentials amendment went live, enabling decentralized on-chain identity verification for regulated interactions. DeFi and gaming also saw progress. Gamechain went live on testnet through XRPL Commons partnerships, and the XRPL Commons Aquarium Residency welcomed builders from 11 countries.