Solana price maintains strong support around the $180 region, forming a potential base for reversal as the price tests a key high time frame bullish order block.
Summary
$180 acts as a critical bullish order block and accumulation zone.
Reclaiming the value area high confirms potential reversal momentum.
A sustained hold above $180 may lead to a rally toward $260.
Solana’s (SOL) price continues to hold steady at the $180 support region amid broader market uncertainty. This area represents a critical high time frame bullish order block, where price action has previously shown strong reactions and bullish engulfing formations. Andreessen Horowitz’s crypto arm recently invested $50 million in Jito to strengthen the Solana staking ecosystem, further reinforcing long-term confidence in the network.
Solana price key technical points
Major Support: The $180 region acts as a high-timeframe bullish order block and key structural support.
Value Area High (VAH): The VAH sits near current price levels; a reclaim would indicate continuation.
Upside Target: Sustained support above $180 opens the probability of rotation toward the $260 resistance zone.
SOLUSDT (1W) Chart, Source: TradingView
From a technical standpoint, the $180 level marks a significant confluence zone for Solana. This region aligns with a bullish order block that has historically acted as a launch point for prior uptrends. Price has previously generated two strong bullish engulfing patterns here, confirming this area as a zone of high demand.
As long as the price remains above this level on a closing basis, the probability of a bullish rotation increases. A sustained hold of the $180 region would likely signal the formation of an accumulation range, a phase where demand begins to outweigh supply, setting the foundation for the next leg upward.
If price reclaims the value area high in this vicinity, it will serve as confirmation of strength, suggesting that buyers are regaining control. In contrast, failure to close above the VAH could lead to prolonged sideways movement as the market consolidates further within the accumulation range.
The current structure suggests that Solana is in a key developmental phase between accumulation and expansion. The $180 support remains a vital point for the market to maintain. Losing this level on a daily closing basis could shift short-term sentiment bearish and potentially invite a deeper retracement toward lower value zones.
What to expect in the coming price action
As long as Solana maintains support above $180, the setup favors accumulation and a potential bullish reversal. A daily close above the value area high would serve as the first technical confirmation for renewed upside momentum. Should this occur, Solana could target $260 as its next resistance.
Conversely, a breakdown below $180 would invalidate the immediate bullish structure and potentially lead to extended consolidation.
The controversial social media personality, Andrew Tate, issued another crypto warning on October 17, claiming that Bitcoin (BTC) is going to drop all the way to $26,000.
Weighing in on this week’s crypto slump, the former kickboxer let his followers on X know that the reason the market is crashing further is that there are still people who are optimistic that we’re only witnessing a short-term setback.
Once the sentiment changes entirely, that is, when everyone has lost their money and there are no traders bold enough to go long anymore, the tides are going to turn, and that’s when new all-time highs (ATH) are going to come in.
“It’s going down because you think it won’t. So everyone’s max-longing because the market’s become super volatile. Most people have lost all of their money, so everyone’s like ‘Well, it can’t go any lower!’… Everything can always get worse…” said Tate.
“It will continue to get worse until all of the optimism is gone, until all the longs have stopped being placed, til everyone’s out of money, til nobody’s gonna profit. Once that is in place, once nobody is gonna make it all back with one trade… then we go to all-time high,” he added.
Crypto market continues to fall
The cryptocurrency market experienced another flash crash in the hours leading up to Tate’s rant, plunging $150 billion in a matter of hours and intensifying the already steady downward trend.
Without exception, the top 10 digital assets had fallen sharply on the day. Bitcoin slid 5.6%, while Ethereum (ETH) lost 7.16%. At the same time, XRP and Solana (SOL) recorded declines of 7.69% and 8.23%, respectively. Cardano (ADA) and BNB, however, were hit hardest, plummeting 9.84% and 11.93%. Andrew Tate’s own meme coin itself, Daddy Tate (DADDY), is 8.49% in the red as of the time of writing.
The downturn was driven by broader macroeconomic concerns, particularly the escalating tensions between the U.S. and China, which have affected both digital and fiat markets, pushing investors toward hedges such as gold, which traded at $4,339 per ounce, up another 1.14% on the daily chart.
Featured image via Shutterstock
2025-10-17 14:351mo ago
2025-10-17 09:401mo ago
While Bitcoin Stumbles, $63 Million in Long-Idle BTC Roars Back to Life
Bitcoin's taking a breather — it's now lounging 17.2% below its all-time high of just over $126,000 hit ten days ago, and the wider crypto market isn't exactly radiating sunshine either.
2025-10-17 14:351mo ago
2025-10-17 09:441mo ago
Crypto Market Crash: BTC, ETH Drop 6%; XRP Price Risks Falling Below $2
The cryptocurrency market has been hit by another sharp crash, with Bitcoin (BTC), Ethereum (ETH), and major altcoins plunging in the last 24 hours. Bitcoin has dropped below $106,000, falling nearly 5%, while Ethereum is down over 6% to around $3,790.
XRP, which recently traded above $2.40, is now at $2.28 and faces increasing pressure amid fears of a deeper fall below the $2 level. BNB trades near $1,070, Solana (SOL) at $181, and Cardano (ADA) at $0.62. Dogecoin (DOGE) has fallen to $0.18, and TRON (TRX) is hovering around $0.30.
Across the board, the market’s total capitalization has fallen to $3.57 trillion, marking a 5.63% daily decline. The average crypto RSI (Relative Strength Index) stands at 36.7, an oversold territory that often means panic-driven trading.
Why the Market Is CrashingSeveral factors appear to be driving this sell-off. Analysts have observed a brewing regional banking crisis in the U.S., with smaller institutions like Western Alliance Bank and Bank of California facing heavy losses. The collapse of regional lenders Tricolor and First Brands has also renewed fears of a wider financial strain.
This has led to a liquidity squeeze in the U.S. banking system. According to reports, banks have borrowed nearly $7 billion from the Federal Reserve’s standing repo facility in just one session.
Market Manipulation and Trader LiquidationsA surge in leveraged long positions may have made this downturn worse. Over the past week, traders placed billions of dollars in bets that Bitcoin and altcoins would continue rising.
When prices started to fall, these overleveraged positions were liquidated, triggering a cascade of automatic sell orders across exchanges.
What’s Next for the MarketAnalysts warn that the next few days could remain bearish. The combination of macro fears, regional banking stress, and leveraged unwinding has set up the perfect storm for volatility.
Still, a bounce is possible once panic selling cools off. Historically, Bitcoin corrections of 5–10% during bull markets have often served as reaccumulating zones before the next leg up.
Trust with CoinPedia:CoinPedia has been delivering accurate and timely cryptocurrency and blockchain updates since 2017. All content is created by our expert panel of analysts and journalists, following strict Editorial Guidelines based on E-E-A-T (Experience, Expertise, Authoritativeness, Trustworthiness). Every article is fact-checked against reputable sources to ensure accuracy, transparency, and reliability. Our review policy guarantees unbiased evaluations when recommending exchanges, platforms, or tools. We strive to provide timely updates about everything crypto & blockchain, right from startups to industry majors.
Investment Disclaimer:All opinions and insights shared represent the author's own views on current market conditions. Please do your own research before making investment decisions. Neither the writer nor the publication assumes responsibility for your financial choices.
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2025-10-17 14:351mo ago
2025-10-17 09:461mo ago
Bitcoin Plunges To $105,000: Is This A Black Friday In The Making?
Bitcoin (CRYPTO: BTC) is in a reset phase, with the largest crypto liquidation event in years and weakening ETF inflows prompting bearish sentiment among investors.
What Happened: Bitcoin hit a new all-time high above $126,000 in early October before reversing sharply due to escalating U.S.–China tariff concerns, causing a historic $19 billion futures deleveraging, one of the largest in crypto history.
Glassnode data shows the reset is characterized by reset leverage, cautious sentiment, and reliance on renewed demand for recovery:
ETF & Market Dynamics:
SoSoValue data shows U.S. spot Bitcoin ETFs recording $536.4 million in net outflows on Thursday. Ark & 21Shares led with a $275.15 million outflow, followed by Fidelity.
Spot markets saw high volumes: Binance dominated by selling, while Coinbase showed net buying, suggesting institutional absorption.
ETF inflows weakened, turning slightly negative (–2.3K BTC this week), signaling demand fragility without panic.
On-Chain Insights:
BTC retraced below the $117,000–$114,000 supply cluster, where top holders are now at a loss.
Price currently sits in the 0.85–0.95 quantile range ($108,400–$117,100); failure to hold above $108,000 could indicate deeper structural weakness.
Long-term holders continue distributing (~0.3 million BTC sold since July 2025), adding sell-side pressure and constraining upside momentum.
Also Read: ‘This Bitcoin Bear Market Will Be Brutal’, Peter Schiff Claims As Gold Hits $4,290
Futures & Options Market:
Futures open interest has collapsed by over $10 billion, a deleveraging event comparable to May 2021 and the FTX crash in 2022.
Open interest has rebuilt rapidly to near all-time highs, reflecting quick repositioning.
Technical indicators show heavy demand for short-term downside protection, while long-dated options remain relatively stable.
Read Next:
Bitcoin Plummets 5%, Ethereum, XRP, Dogecoin Tumble Over 6% As Crypto Liquidations Top $1 Billion
Image: Shutterstock
Market News and Data brought to you by Benzinga APIs
Tokenized Gold and Bitcoin Mining Unite in a Dual Financial StrategyHong Kong-based DL Holdings Group Limited has announced a strategic partnership with Antalpha, a global digital asset financial services provider. The collaboration, valued at up to $200 million, combines tokenized gold assets and Bitcoin mining infrastructure, forming a “dual strategy” at the crossroads of traditional and digital finance.
DL Holdings has already made its initial $5 million investment in Tether Gold (XAUT) and plans to acquire and distribute up to 100 million XAUT over the next 12 months. Each XAUT token, issued by Tether, is backed by physical gold bars stored in secure London vaults.
The company aims to make gold investment accessible on the blockchain for institutional and private investors through brokerage accounts and structured products. Antalpha will provide liquidity, custody, and XAUT-secured lending through its RWA Hub platform, and plans to establish physical vaults in global financial centers to facilitate gold redemption.
“We’re developing both the value store and the infrastructure of the digital financial world. By tokenizing physical gold, we’re reimagining the way value is stored and circulated,” said Andy Chen, CEO of DL Holdings and NeuralFin.
The partnership, first announced in early October, positions DL Holdings as Tether Gold’s key strategic partner in the Asia-Pacific region. Together with Antalpha, the company will develop yield-enhancing products, secured lending, and structured solutions for high-net-worth clients.
Investing in Gold and Bitcoin InfrastructureAmid global inflation and geopolitical uncertainty, gold prices have surged more than 60% year-to-date, while the tokenized gold market has grown beyond $3 billion, becoming the largest segment of tokenized real-world assets (RWAs).
In parallel, DL Holdings is committing another $100 million to expand its Bitcoin mining infrastructure. The firm has already purchased several thousand high-performance mining machines and is preparing to buy approximately 3,000 Antminer S21s from Bitmain. Current capacity yields about 350 BTC annually, with a medium-term target of 1,500 BTC per year.
Antalpha’s Role and the “Golden Triad”As a strategic partner, Antalpha will offer funding, technology support, and risk management, helping to create transparent access channels to Bitcoin for both private and institutional investors.
“By investing in large-scale hashrate, we are strengthening the foundation of digital assets. These two strategies—gold and Bitcoin—complement each other and form the core of DL’s competitive advantage in the global financial market,” Chen said.
Antalpha is a key financial partner of Bitmain, the world’s largest mining equipment manufacturer, which controls roughly 75% of the global market. The collaboration between DL Holdings, Antalpha, and Bitmain forms a “golden triad” of technology, financing, and scalability aimed at building Asia’s leading Bitcoin mining enterprise.
DL Holdings previously tokenized stakes in ByteDance and Kraken, and converted its DL Tower (Hong Kong) and ONE Carmel (USA) properties into real-world assets (RWAs). These initiatives align with Hong Kong’s ambition to become a global hub for digital finance, reinforcing DL Holdings’ role as a pioneer in merging traditional and blockchain-based assets.
2025-10-17 14:351mo ago
2025-10-17 09:501mo ago
OpenSea abandons lagging NFT trading model in crypto asset aggregator pivot
OpenSea is regaining its activity as a multi-chain platform and a DEX aggregator, boosting its fees based on token DEX trading. The NFT platform still retains collections, though its trading business is boosting revenues.
2025-10-17 14:351mo ago
2025-10-17 09:561mo ago
Bitcoin ‘bull run is over', traders say, with 50% BTC price crash warning
Market analysts believe the Bitcoin bull run could soon come to an end.
BTC price risks a 50% correction to $52,200 if key support levels fail, according to technical analysis.
Bitcoin (BTC) fell to $103,500 on Friday, resulting in over $916 million in liquidations of leveraged long positions and dampening sentiment in BTC markets.
Investors appear to be losing confidence after two straight weeks of failing to hold prices above $110,000. But does this mean the bull run is over?
Bitcoin bull run “ends in 10 days”Bitcoin may only have a few days of price expansion left in the cycle, especially if it follows historical patterns from past bull runs, according to analyst CryptoBird.
The Bitcoin “bull run ends in 10 days,” the analyst said in an X thread on Tuesday, basing the forecast on previous cycles.
Cycle Peak Countdown shows that the Bitcoin bull run is 99.3% done, as weak hands are shaken out “in a classic pre-peak pattern,” the analyst said.
“1,058 days since cycle low = 99.3% complete, with only 0.7% remains of this historic bull cycle. Our October 24 target is exactly 10 days away.”
According to the analyst, the ongoing pullback is right on schedule, adding that it appears to be a classic pre-peak behavior that occurs in every major cycle, as “final weak hands getting flushed before the euphoric top.”
BTC/USD chart Source: CryptoBirdIt has been 543 days since the 2024 Bitcoin halving, which put the BTC market “+25 days inside the historical 518-580 day peak window,” the analyst said, adding:
“We’re not just in the zone - we’re deep in the statistical heart where every major Bitcoin top has occurred.”Bitcoin price history. Source: CoinmetricsAs Cointelegraph reported, the Bitcoin Fear and Greed Index has hit yearly lows of 22, signifying “extreme fear” among investors.
CryptoBird said that this represents a complete reset in market sentiment before BTC embarks on its final leg.
“This emotional washout creates the perfect launchpad for final leg euphoria.”Bitcoin price could drop to $50,000: AnalystsBitcoin’s drop below key support levels today, including the 200-day simple moving average, has led to structural weaknesses, which could potentially lead to a deeper correction, according to analysts.
The price is “now testing the 0.786 fibonacci retracement level around $104,000,” analyst Daan Crypto Trades said in an X post on Friday, adding that losing this level would bring June lows at $98,000 into the picture.
“Touching grass if bulls can’t manage to hold this level this week.”BTC/USD daily chart. Source: Daan Crypto TradesFellow analyst Captain Faibik highlighted that Bitcoin appears to be following a rising wedge pattern on the weekly chart, with a measured target of $52,200.
“The Bitcoin bull run is over,” the analyst said in a Friday post, adding:
“A 50% bearish correction is likely incoming in the midterm.”BTC/USD weekly chart. Source: Captain Faibik
As Cointelegraph reported, retail interest in Bitcoin is already at bear market levels, reflecting caution and anticipation of deeper BTC price drawdowns.
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.
2025-10-17 14:351mo ago
2025-10-17 09:571mo ago
XRP News: Why Ripple Is Buying $1 Billion in XRP Despite Holding $30 Billion in Escrow
Ripple Labs is reportedly preparing to raise at least $1 billion to accumulate XRP, the digital asset that powers its global payment network. The move, which may be executed through a special purpose acquisition company (SPAC), marks one of Ripple’s biggest commitments to date toward strengthening its ecosystem and market presence.
According to sources familiar with the plan, the raised funds will go into a digital asset treasury (DAT), a reserve structure designed to strategically hold or deploy XRP to support liquidity operations and long-term growth. Ripple itself may also contribute part of its holdings to this treasury, showing that the company is serious about putting real weight behind the initiative.
Why Buy XRP When Ripple Already Has Billions in Escrow?At first glance, the plan raises eyebrows. Ripple already has over 30 billion XRP locked in escrow, with access to around 500 million tokens each month. So why spend billions to buy more XRP from the open market?
It's great Ripple is buying XRP, but you may ask yourself why would they when they have over 30BN in escrow they can easily access 500M XRP each month?
Well, that is the exciting part. Ripple is building confidence in XRP, and using the SPAC to put upward demand pressure on open… https://t.co/Fx95SgTxBH
— Vincent Van Code (@vincent_vancode) October 17, 2025 The reasoning is surprisingly strategic according to an expert. Instead of simply drawing from its escrow, Ripple appears to be aiming to build market confidence and demand for XRP. By purchasing XRP through open channels, the company creates positive buying pressure in the market.
This approach also allows Ripple to support liquidity on exchanges and within the XRP Ledger (XRPL) ecosystem. In short, Ripple isn’t just holding XRP, it’s actively managing the token’s role in the ecosystem.
A Bullish Turn for the MarketFor years, Ripple faced criticism for its periodic XRP sales, which some experts say weighed down prices. This new $1 billion accumulation plan flips that perception. Rather than distributing tokens into the market, Ripple is now turning into one of the largest institutional buyers of its own asset.
Trust with CoinPedia:CoinPedia has been delivering accurate and timely cryptocurrency and blockchain updates since 2017. All content is created by our expert panel of analysts and journalists, following strict Editorial Guidelines based on E-E-A-T (Experience, Expertise, Authoritativeness, Trustworthiness). Every article is fact-checked against reputable sources to ensure accuracy, transparency, and reliability. Our review policy guarantees unbiased evaluations when recommending exchanges, platforms, or tools. We strive to provide timely updates about everything crypto & blockchain, right from startups to industry majors.
Investment Disclaimer:All opinions and insights shared represent the author's own views on current market conditions. Please do your own research before making investment decisions. Neither the writer nor the publication assumes responsibility for your financial choices.
Sponsored and Advertisements:Sponsored content and affiliate links may appear on our site. Advertisements are marked clearly, and our editorial content remains entirely independent from our ad partners.
2025-10-17 14:351mo ago
2025-10-17 10:001mo ago
Hedera (HBAR) Flirts With a Death Cross as Funding Turns Choppy
HBAR’s 50-day and 200-day EMAs are nearing a Death Cross, signaling weakening momentum and potential end of its three-month bullish trend.Futures funding rates show indecision among traders, reflecting low confidence and increasing short-term volatility.HBAR trades at $0.159; falling below $0.154 could target $0.145, while a rebound above $0.180 may push it to $0.198.Hedera (HBAR) price is witnessing a concerning trend reversal after weeks of attempts to sustain bullish momentum.
The altcoin had been validating a potential breakout pattern, but mounting bearish pressure threatens to derail it. The current trajectory suggests that the bullish setup may fail as technical indicators flash red.
Hedera Faces A Death CrossThe 50-day and 200-day Exponential Moving Averages (EMAs) are on the verge of forming a Death Cross, a classic bearish signal. This event occurs when the 50-day EMA falls below the 200-day EMA, confirming a shift in market structure. A completed Death Cross would indicate accelerating bearish momentum for HBAR.
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This development marks the end of a three-month-long Golden Cross that had previously supported upward movement. As sentiment weakens, traders are turning cautious, with selling pressure rising across exchanges. Historically, Death Cross formations have preceded notable price corrections, suggesting HBAR may struggle to maintain its bullish structure.
Want more token insights like this? Sign up for Editor Harsh Notariya’s Daily Crypto Newsletter here.
HBAR Death Cross. Source: TradingViewThe funding rate in the HBAR derivatives market reflects heightened uncertainty among Futures traders. Over the past few days, the rate has fluctuated significantly, indicating indecision between long and short positions. Such instability highlights a lack of conviction, leaving HBAR’s short-term direction vulnerable to broader market shifts.
Without a clear bias toward bullish or bearish positioning, HBAR could remain range-bound or even slip further as liquidity dries up. For any meaningful recovery, a return of investor confidence and positive funding rate stability will be essential.
HBAR Funding Rate. Source: CoinglassHBAR Price Could FailHBAR is trading at $0.159 at press time, moving within a descending broadening wedge pattern. While this formation is typically considered bullish, prevailing technical and sentiment indicators suggest potential failure.
If bearish pressure intensifies, HBAR could fall through the downtrend line. This could result in the altcoin slipping below $0.154 and targeting $0.145 in the coming days.
HBAR Price Analysis. Source: TradingViewConversely, if the three-month pattern remains intact, a reversal may propel HBAR above $0.180 and $0.188, eyeing a move to $0.198. This breakout would invalidate the bearish thesis and restore confidence among investors.
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.
2025-10-17 14:351mo ago
2025-10-17 10:001mo ago
Is BlackRock About To Go Public With Ripple And XRP? Here's What We Know
Rumors are circulating that BlackRock has partnered with Ripple to tokenize real-world assets on the XRP Ledger (XRPL). There has been no confirmation from either party, suggesting that these rumors may not be accurate.
Rumors Circulate About BlackRock’s Partnership With Ripple and XRP
In an X post, XRP influencer JackTheRippler said that there are rumors that BlackRock is about to announce a partnership with Ripple to tokenize assets on the XRPL. Other XRP influencers, such as CryptoSensei and Bale, also shared the rumor, sparking excitement among XRP community members.
However, BlackRock and Ripple have yet to issue an official announcement about the rumored partnership, suggesting these claims may not be true. However, BlackRock CEO Larry Fink confirmed that they are building their own technology to tokenize several of their funds and expand their crypto offerings.
The BlackRock CEO noted that tokenization can help crypto-native investors access more traditional assets. He further remarked that if they could tokenize an ETF, they could get these investors into the more traditional long-term retirement products. Notably, the asset manager already has products, such as its tokenized money market fund, BUIDL, which runs on the Ethereum network.
It is worth mentioning that Ripple already partnered with the fund’s manager, Securitize, to enable off-ramp support for BlackRock’s BUIDL using their RLUSD stablecoin. This has so far been the closest to a partnership between Ripple and BlackRock amid rumors that the asset manager plans to tokenize assets on the XRP Ledger.
However, Ripple has so far helped advance upgrades to the XRP Ledger, which could compel institutions like BlackRock to tokenize their funds on the XRPL. This has included the launch of the Multi-Purpose Token (MPT) standard, which is designed to simplify the tokenization of real-world assets (RWAs).
Ripple Expands Into Treasury Markets
While rumors of a Ripple and BlackRock partnership do not appear to be accurate, there are other recent developments that provide a bullish outlook for XRP. This includes Ripple’s expansion into the corporate treasury markets through the $1 billion acquisition of GTreasury, a provider of treasury management systems.
As part of the deal, Ripple and GTreasury will focus on enabling customers to carry out real-time cross-border payments using Ripple’s payment solution, in which XRP serves as the bridge currency. Meanwhile, according to Bloomberg, Ripple is also working to raise up to $1 billion to establish an XRP treasury company. The crypto firm plans to contribute some of its XRP holdings to set up the firm, while the proposed $1 billion is expected to be raised through a special purpose acquisition company (SPAC).
At the time of writing, the XRP price is trading at around $2.35, down over 2% in the last 24 hours, according to data from CoinMarketCap.
XRP trading at $2.2 on the 1D chart | Source: XRPUSDT on Tradingview.com
Featured image from Getty Images, chart from Tradingview.com
2025-10-17 14:351mo ago
2025-10-17 10:001mo ago
Crypto whale account hit in $1.45M long liquidations as BTC test sub $104K levels
The crypto loss streak continues for consecutive Fridays, wiping millions from traders who had hoped days of a market slump were well behind them. A crypto whale has lost over $1.4 million to liquidations from long bets on wrapped Bitcoin (wBTC), Ethereum (ETH), and Chainlink (LINK).
2025-10-17 14:351mo ago
2025-10-17 10:041mo ago
MetaMask Teams with Hyperliquid for Fast Perpetual Futures
This integration allows traders to speculate on price movements of any EVM token across multiple chains, with leverage of up to 40 times. By combining MetaMask's trusted wallet infrastructure with Hyperliquid's speed-focused trading platform, users can trade long or short positions while maintaining full control over their assets.
2025-10-17 14:351mo ago
2025-10-17 10:061mo ago
Kevin O'Leary Slams Ethereum: ‘Cracking Under Real-World Pressure'
Shark Tank investor Kevin O’Leary criticized Ethereum, claiming it “cracks under pressure” after gas fees surged above $1,000 during heavy network traffic.
He compared Ethereum to a one-lane highway, questioning its scalability as real-world adoption grows.
Ethereum developer Adriano Feria responded, explaining that Layer 2 solutions handle most transactions while Layer 1 prioritizes security and institutional settlement, highlighting Ethereum’s robust ecosystem.
Kevin O’Leary, Canadian businessman and TV personality, has raised concerns over Ethereum’s ability to handle increasing blockchain activity. In a recent post on X, he said he witnessed significant network congestion, leaving users paying over $1,000 in gas fees for relatively small transactions. The spike in fees, according to O’Leary, coincided with heightened market volatility and a surge in retail transactions, highlighting the network’s limitations under stress.
Investor Highlights Real-World Network Pressure
O’Leary described Ethereum as a single-lane highway struggling under heavy traffic, comparing transaction congestion to a toll booth bottleneck. He argued that the recent surge exposes Ethereum’s weaknesses as adoption rises and more users interact with the blockchain in real-world scenarios.
“If you’re buying something for $1.50 and have to pay a thousand to move it, that’s a clear sign of stress,” he said.
He also noted that such congestion could deter smaller investors from using Ethereum for everyday transactions, potentially slowing mainstream adoption temporarily.
Developer Emphasizes Layer 2 Solutions And Security
Ethereum developer Adriano Feria countered that Layer 1 is designed as a final settlement layer, focusing on security, neutrality, and auditability. Feria explained that most high-frequency transactions are handled by Layer 2 rollups, capable of processing hundreds of transactions per second.
“Institutional users rely on Ethereum’s security and reliability, not just raw throughput,” Feria stated, pointing to ongoing usage by Coinbase, BlackRock, Visa, and Sony.
Feria also highlighted that Ethereum’s infrastructure continues evolving, with upcoming protocol upgrades expected to further improve efficiency without compromising security.
Despite O’Leary’s criticism, Ethereum’s broader ecosystem continues to expand. Layer 2 solutions are scaling rapidly, offering faster, cheaper transactions while maintaining the integrity of Layer 1. With billions in stablecoins, tokenized funds, and real-world assets now settled on Ethereum, the network remains a key player in institutional adoption.
O’Leary also linked the congestion to increased on-chain adoption spurred by legislative initiatives such as the Genius Act. He suggested that as blockchain payments gain traction in the real world, scalability will remain a visible challenge, but one that the Ethereum ecosystem is actively addressing through its layered infrastructure.
2025-10-17 14:351mo ago
2025-10-17 10:101mo ago
Some estimate the U.S. government now holds 327,000 bitcoins. Is this evaluation correct?
On Oct. 14, 2025, the Department of Justice reported that it had forfeited 127,271 bitcoins from a Cambodia-based scam operation. Soon after, some of the crypto influencers claimed that the U.S. is now holding 325,000 or 327,000 BTC. Are these claims grounded, and how can we estimate the U.S. Bitcoin holdings correctly?
Summary
The U.S. government forfeited 127,271 bitcoins from Chen Zhi, the head of Prince Group, an international criminal organization based in Cambodia. According to the DOJ, it is the largest forfeiture action in the history of the Department.
The DOJ press release cites Attorney General Pamela Bondi and Deputy Attorney General Todd Blanche saying “the United States will use every tool at its disposal to defend victims, recover stolen assets.”
Before the said forfeiture, the U.S.-held bitcoins were estimated by Arkham Intelligence at 198,000 based on the on-chain data.
The U.S. holds 325,000 or 327,000 bitcoins, popular accounts claim
As soon as the news about the forfeited bitcoins was released, several social media accounts with tens and hundreds of thousands of followers declared that the U.S. now holds 327,000 BTC. Some named a different estimation – 325,000 BTC.
One of the X posts claiming that the U.S. government now holds 327,000 bitcoins was shared by the Exodus wallet CEO JP Richardson.
In the posts and publications in media outlets, authors mostly were talking about the amount the U.S. “holds,” which is important as there is a difference between holding and owning funds.
Various publications reported that the U.S. has “seized” bitcoins from Chen Zhi. However, the press release from the Department of Justice uses a different term. The press release has no mention of “seizure” of bitcoins. Instead, it mentions “forfeiture” seven times.
These terms are not the same, as forfeiture supposes that a criminal’s ownership of the forfeited assets is removed in favor of the government. According to the FBI guide,
“Forfeiture removes the profit motive from the crime and returns property obtained under fraudulent pretenses by the criminal to the victims.”
The press release contains the statement by Attorney General Pamela Bondi and Deputy Attorney General Todd Blanche. It says:
“Today’s action represents one of the most significant strikes ever against the global scourge of human trafficking and cyber-enabled financial fraud. By dismantling a criminal empire built on forced labor and deception, we are sending a clear message that the United States will use every tool at its disposal to defend victims, recover stolen assets, and bring to justice those who exploit the vulnerable for profit.”
It means that the Department of Justice may recommend returning these bitcoins to the victims of the crimes committed by Price Group. That’s not something unthinkable. In 2024, the DOJ recommended returning around 94,643 BTC forfeited from the Bitfinex hackers to the exchange.
Will the U.S. return forfeited bitcoins to the victims?
Given that the U.S. still didn’t return bitcoins to Bitfinex, there’s still no precedent. With the Strategic Bitcoin Reserve established by Donald Trump’s executive order on March 6, 2025, the uncertainty only grows bigger. Trump’s order prohibits selling BTC held by the U.S. government. However, it’s unclear how it is possible to use bitcoins poised for the return as a strategic asset.
The fact sheet accompanying Trump’s executive order mentions the U.S.’s “ownership” of digital assets:
“Taking affirmative steps to centralize ownership, control, and management of these assets within the Federal government will ensure proper oversight, accurate tracking, and a cohesive approach to managing the government’s cryptocurrency holdings.”
It’s not clear if such an approach supposes the return of the digital asset to the victims. However, the Attorney General’s words concerning the recent forfeiture suggest that bitcoins can be returned.
The Department of Justice claims that the assets forfeited from criminals can be returned to the victims. It doesn’t mean, however, that the government must do this.
How much BTC does the U.S. government hold?
Transparency is one of the crucial elements of the Bitcoin network. However, it cannot offset the lack of clarity in the law. Many of the U.S. BTC holdings estimations circulating online owe to Arkham Intelligence data. As of press time (Oct. 16, 2025), the U.S. Bitcoin holdings amount to 325,447 bitcoins, according to Arkham’s estimation based on on-chain data.
The 327,000 BTC evaluation doesn’t seem to be correct. Those who claim the U.S. holds 327,000 bitcoins probably add 127,000 BTC to 200,000 BTC. The latter was the approximate amount of the U.S.-owned Bitcoin brought up by the Crypto and AI Czar David Sacks following the establishment of the Strategic Bitcoin Reserve.
Just a few minutes ago, President Trump signed an Executive Order to establish a Strategic Bitcoin Reserve.
The Reserve will be capitalized with Bitcoin owned by the federal government that was forfeited as part of criminal or civil asset forfeiture proceedings. This means it…
— David Sacks (@davidsacks47) March 7, 2025
It’s not clear if the U.S. has ever made a thorough audit of its Bitcoin holdings. Trump’s executive order stipulated that such an audit must take place; however, there is no publicly available info on the matter. All that we have is on-chain data.
According to on-chain data, the U.S. holds 325,000 BTC. Over 94,000 BTC of this amount will probably be returned to Bitfinex. The future of the rest of these bitcoins is not clear yet, except for around 29,000 BTC held by the U.S. Marshals Service. These bitcoins are not likely to leave the government’s custody.
2025-10-17 14:351mo ago
2025-10-17 10:241mo ago
Shiba Inu (SHIB) Price Drama: Adding Zero No Longer Threat, Deleting It Now Goal
Meme coin Shiba Inu (SHIB) eyes price drama as adding a zero is no longer a threat, and deleting it is the goal.
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.
For months, the Shiba Inu (SHIB) price narrative was defensive — could the once-popular meme coin avoid adding another zero to its quote as multimonth market pressure pushed it closer to collapse territory? That was the game traders played every week: survival, not growth.
The latest turn happened last Friday, which is already dubbed a "Black Friday," flipping the narrative. The worst happened, and instead of fearing another decimal, SHIB watchers are again whispering about the dream scenario — deleting one.
SHIB/USD by TradingViewThe Shiba Inu coin's price today sits at $0.00000972, just under the ten-thousandth mark. It slipped through the long-standing $0.00001178 support in early October and even printed a deep wick at $0.000006, when liquidity vanished for a moment.
HOT Stories
The recovery back near $0.00000970 did not erase the damage, but it changed the tone: instead of bracing for a fresh zero, holders are asking if this base can become the launchpad for a breakout that finally takes one away.
Exchange flows, in the meantime, whiplashed billions of tokens, suggesting that whales are still maneuvering aggressively rather than abandoning the SHIB ship. The holder count even edged up to 1,545,726 wallets, with transfers up 3.15% in 24 hours — not behavior you see in a dead market.
Bottom lineDeleting a zero will require SHIB to build volume above the recovered zone, keep whale supply off exchanges and amplify burn mechanics to chip away at circulation.
But the fact that the conversation is no longer about defending against collapse and is instead about attacking another decimal place shows that sentiment regarding SHIB right now is rather bearish.
Related articles
2025-10-17 14:351mo ago
2025-10-17 10:241mo ago
OpenSea pivots to multi-chain crypto trading hub after NFT boom goes bust: report
Bitcoin is back down dangerously close to the $100K barrier
A long-term recovery for Bitcoin looks clear
Bitcoin Hyper could be part of that journey with a Layer-2 solution to Bitcoin’s scalability woes
The $HYPER presale has already raised almost $24M
The Bitcoin Hyper presale is approaching a major milestone with $24 million worth of $HYPER tokens sold. We’ve observed significant whale activity during the presale, including purchases of $379.9K, $274K, $196.6K, and $145K.
In contrast, Bitcoin has had a rocky few weeks. Over the past two months, the price of $BTC peaked above $120K twice but then fell sharply after a flash crash on October 10. Although it appeared to be stabilizing, Bitcoin dropped today to around $103K.
Many point to the ripple effects from Trump announcing 100% tariffs on China, which in turn led to over $19B of leveraged crypto positions being liquidated. Now, smart money is shifting capital from Bitcoin into smaller crypto projects with higher potential upside, anticipating that Bitcoin will eventually recover.
The Bitcoin Hyper project could be the next 1000x crypto if it manages to make Bitcoin more appealing to retail and Web3 crypto users. One of the main problems with Bitcoin is that it’s slow, which drives transaction fees up and scales poorly when more users compete for resources on the blockchain.
That’s where Bitcoin Hyper comes into play. It’s a Layer-2 project that utilizes a Solana Virtual Machine (SVM) to process $BTC transactions more quickly than the Bitcoin network, leveraging Solana’s parallel processing capabilities.
Is the Bitcoin Network Inherently Slow?
There’s a limit to how quickly each trade can be added to the blockchain. When a transaction occurs, it must be confirmed by the network and added to the blockchain, a process that typically takes approximately ten minutes. However, this is just the ideal case.
Each block has a maximum file size, so any extra transactions that don’t fit are queued and added to a later block instead. It’s estimated that the current maximum speed of the Bitcoin network is around 7 to 10 transactions per second.
If you’re wondering why your transaction fees are increasing, it’s because there’s a bidding war on the Bitcoin network to get priority transactions processed as more users join the network. That’s not a problem if you’re a long-term $BTC investor, but it becomes a nightmare if you want to use $BTC for Web3 applications.
Caption: Source: qu.ai
The problem is that, according to most blockchain devs, if you want a decentralized blockchain, you either have to choose one that’s secure or scalable. For Bitcoin Layer-1, security is the top priority – which is why long-term investors prefer $BTC for its rock-solid security guarantees.
However, it’s hard to deny the advantages that high-speed programmable blockchains like Ethereum and Solana have brought to the Web3 world. If Bitcoin could offer similar features, there’s no telling how high the price of $BTC could go.
That’s the idea behind Bitcoin Hyper, which uses Bitcoin’s Layer-1 as a security guarantee while transferring transactions into an SVM for faster processing. Let’s take a look at exactly how Bitcoin Hyper works.
How does $HYPER solve these issues?
The Bitcoin Hyper network utilizes the existing Bitcoin blockchain as a trusted ledger that the SVM reads from, serving as the foundation for Layer-2. It accomplishes this through a Canonical Bridge, which holds $BTC in custody while it is being used on the network Layer-2.
Essentially, you send $BTC to the Canonical Bridge, and an equal amount is minted for you as wrapped $BTC on the Layer-2. You can then use your $wBTC in various dApps or swap it with other cryptocurrencies, just like any other crypto token, while your $BTC stays secure on the Layer-1.
Caption: The Bitcoin Hyper infrastructure allows for easy onboarding and withdrawal of $BTC
These transactions are recorded on a separate temporary ledger on Layer-2, which is periodically committed back to Layer-1. When you want to withdraw your $BTC, you can simply send a withdrawal request along with the $wBTC you wish to burn, and your $BTC will be sent back from the Bridge.
By managing all these transactions on Layer-2, Bitcoin Hyper would enable the Bitcoin network to scale significantly with more users while placing minimal stress on the actual blockchain.
For more information on how the Bitcoin Hyper network operates, you can check out our ‘What is Bitcoin Hyper’ guide.
Why Will $Hyper Grow?
The Bitcoin network is experiencing another challenging period. Still, typically, dips in $BTC indicate heavy buying activity as whales fill their wallets with cheap Bitcoin, suggesting a potential rise for $HYPER as more users begin testing the scalability of the Bitcoin network to its limits.
As the official utility token for Bitcoin Hyper, $HYPER offers a range of features, including lower trading fees on the network, as well as access to the Bitcoin DAO and exclusive smart contract capabilities on select dApps within the Bitcoin Hyper ecosystem.
Our Bitcoin Hyper price prediction considers these features, along with Bitcoin Hyper’s overall value proposition. We believe that $HYPER could reach as high as $0.02595 if the developers successfully deploy a working Layer-2 network by the end of 2025.
Further away, we expect $HYPER could increase by 7.5 times to $0.08625. However, to reach this goal, the Bitcoin Hyper project would need to successfully attract a dedicated community by offering incentives for node operators and developers.
In the long term, we expect $HYPER to reach $0.253 if it continues to grow in tandem with $BTC. The whales seem to see potential in $HYPER – we’ve already seen purchases of $379.9K, $274K, $196.6K, and $145K.
Alongside a tidal wave of other purchases, these whale purchases have increased the value of the $HYPER presale to just under $2.4M, resulting in a presale price of $0.013125. You’ll need to act quickly if you want to lock in your tokens at this price – the presale is dynamic, so the price is constantly rising. Any $HYPER you buy now can be staked for up to 49% in annual rewards.
Click here for more information on how to buy Bitcoin Hyper.
Authored by Aaron Walker, NewsBTC — https://www.newsbtc.com/news/whales-buy-bitcoin-hyper-1m-presale-1000x-crypto/
2025-10-17 14:351mo ago
2025-10-17 10:241mo ago
Japanese Banking Giants Enter Stablecoins, Challenge USDT and USDC Dominance
Three of Japan's largest banks, Mitsubishi UFJ, Sumitomo Mitsui, and Mizuho, are launching stablecoins pegged to the Japanese yen and US dollar to challenge USDT and USDC dominance, with plans to issue 1 trillion yen worth ($6.64 billion) over three years as Japan's crypto adoption doubled 120% year-over-year.
2025-10-17 14:351mo ago
2025-10-17 10:261mo ago
Charles Hoskinson Slams ‘Baseless' Claims of Diverting Cardano Funds
A stake pool operator accused Hoskinson of taking money from the Cardano treasury.
Hoskinson criticized the Cardano Foundation for proposing cuts to IOG’s development budget.
The IOG founder highlighted the “Midnight” project as the most transformative in Cardano’s history.
Charles Hoskinson, founder of Cardano and CEO of Input Output Global (IOG), has responded harshly to recent accusations labeling him with embezzlement. A stake pool operator (SPO) accused the CEO of taking money from the ecosystem’s treasury to fund his personal projects.
The controversy generated debate within the community, with many questioning why the SPO singled out Hoskinson while the Cardano Foundation generates profits from staking ADA.
For his part, Hoskinson called the accusations ironic, expressing his frustration at being portrayed as the ecosystem’s antagonist while the Foundation is praised. He criticized what he considers an inconsistent and negative narrative from certain sectors of the community.
This controversy uncovers a deeper conflict between Cardano’s two main entities. Hoskinson denounces that, despite his contributions, he is blamed for the project’s problems.
Tension between IOG and the Cardano Foundation
The friction between IOG and the Cardano Foundation is not new, especially regarding the allocation of treasury funds. A recent example is the Foundation’s proposal to cut 31 million ADA from the 2025 ecosystem budget.
According to Hoskinson, these cuts primarily targeted the core development funding allocated to IOG, which he interpreted as an attempt to undermine his company’s efforts.
Hoskinson has also criticized the Cardano Foundation’s unelected board for its, in his opinion, lack of accountability.
Despite the internal conflicts, Hoskinson remains steadfast in promoting Cardano’s future, highlighting the potential of the Midnight project, a privacy-oriented blockchain. He recently called it the “most transformative project in Cardano’s history.”
Hoskinson emphasized that Midnight’s partnerships (which include Brave, Bitcoin.com, and Google Cloud) are crucial, since, as it is a Cardano-native token, whoever adopts Midnight also adopts the Cardano ecosystem. Meanwhile, the ADA token has suffered in the market, losing key support levels and falling below $0.66.
2025-10-17 14:351mo ago
2025-10-17 10:291mo ago
Cardano Price Finally Oversold, Here's What to Expect Now
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 10th-ranked cryptocurrency asset, Cardano (ADA), has seen its price drop by over 9% in the last 24 hours. The general marketwide volatility has impacted the coin severely, causing a significant drop in the price of the asset.
350 million ADA pushes Cardano’s RSI to oversold levelsAccording to available data, Cardano has slipped into oversold territory as holders dumped the asset amid declining value. Notably, large holders in the ecosystem offloaded about 350 million ADA on the market, worsening the situation as retail traders panicked and sold as well.
Renowned on-chain analyst Ali Martinez says the whale holdings now represent about 10% of Cardano’s circulating supply. This development increased sell pressure as the asset’s Relative Strength Index (RSI) hit 30.79.
Cardano Price Chart | Source: TradingViewWith the price continuing in a downward spiral after breaching $0.70, retail traders joined in, dumping ADA. Now that the asset is oversold, Cardano might record short-term rebounds if it can defend the $0.60 support level irrespective of lingering market fluctuations.
As of press time, Cardano is changing hands at $0.6196, which represents a 9.09% decline in the last 24 hours. The coin briefly slipped to a low of $0.5952 but quickly regained the $0.60 support, a move critical to its recovery.
Meanwhile, trading volume is up by a massive 61.86% at $1.87 billion. This figure suggests that a recovery might be underway, but long-term stability will depend on Bitcoin staying above $100,000. Additionally, whales need to stop dumping on the market for a full recovery to happen.
Analyst, Hoskinson: Stay bullish on Cardano’s long-term ooutlookInterestingly, before broader market fluctuations were triggered by geopolitical tensions, Martinez had predicted a bullish run for Cardano. The analyst hinted that if ADA could consolidate around $0.80, its breakout could target between $1.30 and $1.70 or nudge closer to $2.
For his part, Cardano founder Charles Hoskinson had been upbeat about the blockchain, highlighting incoming developments to the chain. He listed the Midnight Network launch, Ouroboros Leios, and partnership with Google Cloud.
These added to the bullish sentiments in the ecosystem as market participants anticipated it could impact the price outlook.
Holders are now expecting that with Cardano now oversold, the asset might begin to rebound if other market conditions align.
2025-10-17 14:351mo ago
2025-10-17 10:301mo ago
Morning Minute: Bitcoin Falls Again as JPMorgan Blames Crypto Natives for Selloff
Morning Minute is a daily newsletter written by Tyler Warner. The analysis and opinions expressed are his own and do not necessarily reflect those of Decrypt. Subscribe to the Morning Minute on Substack.
GM!
Today’s top news:
Crypto majors very red as Bitcoin hits 4-month low at $105,700
ETFs see biggest outflows since August with $530.9M
Charles Schwab plans to launch crypto custody in H1 2026
MegaETH partners with Chainlink for real-time data stream oracles
Meteora introduced its tokenomics and airdrop checker, trades at $1.08B premarket
📉 Crypto Selloff - “The Natives Did It”It’s been a long-standing joke: “Are the sellers in the room with us?”
Well, it turns out: Yes, indeed they are.
📌 What Happened?According to JPMorgan, the sharp crypto correction last week in crypto and carrying through this week was largely self-inflicted.
In a note to clients, the bank said the sell pressure came from crypto-native investors, not institutions.
The data backs that up: While open interest on Binance and other offshore venues cratered, CME’s institutional contracts barely moved.
It’s very much a tale of two markets.
Regarding on-chain crypto, the more than $19 billion in liquidations that slammed the crypto market on Friday have tremendously impacted sentiment and prices, neither of which have yet to recover.
Glassnode shows nearly $12 billion in futures open interest evaporated overnight, the biggest single-day decline in dollar terms ever.
Yet, institutional flow looks calm.
The ETFs have seen steady inflows through the turbulence. Across the past two weeks:
BTC ETF inflows: $2.4B
ETH ETF inflows: $460M
CME’s Bitcoin open interest held steady, ETF outflows were minor, and Coinbase volumes even ticked up, suggesting that institutional money (smart money) mostly watched from the sidelines.
This was the crypto casino cleaning itself out, not TradFi calling it quits.
🧠 Why It MattersThe institutions have mostly still been buying through the pain —so who has been selling?
Answer: ancient whales and 4-year cycle believers.
There’s plenty of data showing the amount of Bitcoin sold this year from those ancient whales, many of whom were up billions. They said they were going to dump their coins on Wall St., and then they did.
And then one of the biggest anecdotal takeaways from the Asia crypto conference tour last month was that many Asian whales still believe in the 4-year cycle, and fully planned on selling this year aligned with prior cycles.
While this has put us in a painful spot, there are reasons to be optimistic.
The ancient whales will run out of Bitcoin at some point.
The four-year seasonality won’t last much longer.
And the institutions don’t care about any of this, just showing up to buy week after week.
Couple those reasons along with the recent on-chain leverage flushout and you have a nice foundation to set up a healthier base for the next leg upwards—not to mention the prospective gold-to-Bitcoin rally that typically takes place when gold leads (and boy, is it leading right now).
So stay the course, bulls—this too shall pass. And we have a good shot at seeing new ATHs still here in 2025…
🌎 Macro Crypto and MemesA few Crypto and Web3 headlines that caught my eye:
Crypto majors are very red with Bitcoin making a new 4-month low; BTC nearly -5% at $105,200, ETH -6% at $3,765, BNB -10% at $1,060, SOL -8% at $179
No notable top movers
The U.S. 10-year closed at its lowest level in over a year yesterday at 3.98%
Gold hit another new ATH yesterday near $4,400
Charles Schwab is on track to add spot crypto trading in first half of 2026
Eric Trump said that the Trump family has made more than $1 billion from its crypto ventures
New developer data from the Ethereum Foundation shows new devs in 2025 are building on EVM, Solana, Bitcoin, Polygon, and Sui the most
Coinbase announced plans to launch Coinbase Business as an all-in-one business payments platform, bundling stablecoin payouts, yield, tax tools for SMEs
BlackRock shared plans to adapt one of its money market funds to more specifically serve stablecoins
Visa said stablecoins have potential to revolutionize the $40T global credit market
MoonPay introduced ‘MoonPay Commerce’ as a way for merchants to integrate seamless crypto checkout and deposit products
In Corporate Treasuries / ETFs
The Bitcoin ETFs saw $530.9M in net outflows on Wednesday; the ETH ETFs saw $56.8M in net outflows
Cathie Wood’s Ark 21Shares saw its biggest outflows since August with $275.2M in net outflows yesterday
SharpLink raised $76.5M to buy more ETH via a 4.5M common stock sale (SBET -4% to $14.57)
Ripple Labs reportedly led a raise for $1B to build an XRP DAT
Newsmax announced plans to invest up to $5M in Bitcoin and Trump coin for a digital asset treasury
Zeta Network secured a $231M private placement funded with Bitcoin
In Memes
Memecoin leaders are very red; DOGE -8%, Shiba -7%, PEPE -9%, PENGU -10%, BONK -10%, TRUMP -5%, SPX -14%, and FARTCOIN -11%
💰 Token, Airdrop & Protocol TrackerHere’s a rundown of major token, protocol and airdrop news from the day:
Meteora’s airdrop checker and tokenomics went live ahead of their TGE
MegaETH partnered with Chainlink to announce first of its kind real-time data streams as oracles for DeFi
Robinhood listed Aster, XPL and Virtuals in a surprise move
Yeet crossed $700M in wagered volume
Jito raised $50M from a16z in exchange for JTO tokens
Daylight raised $75M to build a decentralized energy network
🚚 What is happening in NFTs?Here is the list of other notable headlines from the day in NFTs:
NFT leaders were mostly red; Punks -1% at 44 ETH, Pudgy -3% at 7.5, BAYC -1% at 7.78 ETH; Hypurr’s -9% at 1,125 HYPE
No top movers
OpenSea rolled out its Wave 1 farming rewards, with eligible users able to open their chests
Pudgy Penguin parent Igloo announced a partnership with Invariant to bring PENGU to Washington DC
Daily Debrief NewsletterStart every day with the top news stories right now, plus original features, a podcast, videos and more.
2025-10-17 14:351mo ago
2025-10-17 10:331mo ago
French Probe Puts Binance in Hot Water—Will BNB Price Collapse Next?
Binance is under investigation by French authorities as part of anti-money laundering inspections ahead of MiCA regulation enforcement.
Failure to comply could result in sanctions and restrict its operations across the EU.
BNB holders may face a sell-off, with the token already down 11.73% in the last 24 hours, raising concerns about further price declines.
Binance, the world’s largest cryptocurrency exchange, has come under regulatory scrutiny in France. According to Bloomberg, the French Prudential Supervision and Resolution Authority (ACPR) is conducting inspections to ensure that crypto exchanges meet anti-money laundering (AML) and counter-terrorist financing requirements before the full implementation of the EU’s Market in Crypto Assets (MiCA) rules in June 2026. The investigation also reviews internal governance, reporting systems, and adherence to previous recommendations issued by European regulators.
France Tightens Oversight As MiCA Deadline Nears
With Binance’s European headquarters in France, the company must comply with these regulations to maintain operations across the 27 EU member states. Since 2024, Binance has been required to strengthen its risk management, and the exchange asserts that the current inspections are routine. Still, the ACPR has the authority to impose severe penalties if Binance fails to meet the standards, potentially limiting the exchange’s ability to operate throughout Europe. Only a few entities have successfully navigated the MiCA framework and received licenses so far, emphasizing the challenge ahead. Regulators are also evaluating cross-border transaction monitoring, client verification procedures, and reporting transparency, which are becoming increasingly critical for EU compliance.
BNB Price Faces Pressure Amid Regulatory Uncertainty
The probe has triggered concerns about the impact on Binance Coin (BNB). European investors could respond with sell-offs if restrictions are enforced, creating downward pressure on the token. BNB, which had been moving toward a $1,500 target, is currently trading at $1,042.87, reflecting an 11.73% drop in the past 24 hours.
Earlier in 2024, Binance adjusted its ownership structure, replacing founder Changpeng Zhao with shareholders Lihua He and Yulong Yan to comply with French rules that prevent majority ownership by individuals with criminal records, following Zhao’s U.S. conviction. Analysts are also watching global market trends, liquidity patterns, and investor sentiment as these factors could amplify price volatility further.
Despite the recent setbacks, Binance continues to emphasize compliance and adaptation. Analysts note that while short-term volatility is likely, BNB’s long-term fundamentals remain strong due to the ecosystem’s growing adoption and utility.
2025-10-17 13:351mo ago
2025-10-17 08:401mo ago
Is Smart Money Exiting? Whales Dump Solana, Aave, and Aster
In brief
Whales are dumping SOL, AAVE, and ASTER, moving over $120M in assets to exchanges.
The sell-off contributed to the crypto market cap dropping by over 5% as altcoins posted losses on the day.
One entity took a $5M loss on ASTER, signaling a rush to exit rather than hold through volatility.
Whales are offloading significant altcoins, testing the crypto market's already fragile state and hindering its recovery.
The "smart money" retreat comes amid a broad market downturn.
The total crypto market capitalization has shed over 5% in the past 24 hours, dropping to $3.67 trillion, according to CoinGecko data. Ethereum, Solana, Cardano, and other major altcoins are posting losses of between 6% and 9% as they follow Bitcoin's steady decline, Decrypt previously reported.
The sell-off is widespread across asset types.
A Solana whale that had successfully traded meme coins in the past sold 61,845 SOL, worth approximately $11.5 million, over a four-hour period on Thursday, according to blockchain data.
A whale who nearly faced liquidation in April while using a looped borrow strategy to go long on AAVE has now opted to sell, EmberCN, a popular on-chain analytics account, tweeted on Thursday.
Over eight hours, the whale sold 88,227 AAVE worth $19.8 million, according to on-chain analytics platform Arkham, to repay all outstanding loans and exit the leveraged position.
Systematic selling is also hitting relatively newer tokens.
A whale that previously held 64.535 million ASTER has been systematically transferring its holdings to the Binance exchange, according to on-chain data. In the past week alone, it moved 58.608 million ASTER, worth $92.25 million, and appears to be nearing a full exit.
While transfer to exchanges is commonly considered as an intention to sell in the crypto space, it could also be done for margin requirements or staking as well. Hence, the recent Aster transfer is not a straightforward profit-taking transfer.
Another entity that participated in the World Liberty Financial public sale and later accumulated Aster has now transferred its 8.282 million token holding back to Bybit on Thursday.
With the recent market volatility and extended downtrend, the Aster whales have an unrealized loss of more than $5 million.
The sentiment is reflected in the prediction market Myriad, launched by Decrypt's parent company DASTAN, where users place just a 6% chance on Aster hitting $4 in November.
“It’s not uncommon to see whales offload or de-risk after last Friday’s major market drawback,” Deebs DeFi, a pseudonymous on-chain analyst at Bubblemaps, told Decrypt, adding that, “They may be fearful of a future black swan event.“
The coordinated selling across different wallets and assets paints a picture of large players reducing exposure, taking profits where available, and cutting losses where necessary, underscoring the persistent risk-off sentiment.
Daily Debrief NewsletterStart every day with the top news stories right now, plus original features, a podcast, videos and more.
2025-10-17 13:351mo ago
2025-10-17 08:421mo ago
Whales Accumulate Chainlink Despite Market Downturn: What's Next for LINK
In mid-October 2025, Chainlink's native cryptocurrency, LINK, experienced a 16% drop in its market value. Despite this significant decline, large holders, commonly referred to as “whales,” continued to amass LINK tokens, suggesting a disconnect between investor sentiment and market performance.
2025-10-17 13:351mo ago
2025-10-17 08:451mo ago
Bitcoin miners just moved $5.6B to exchanges under AI escape plan
Bitcoin miners just moved $5.6B to exchanges under AI escape plan Oluwapelumi Adejumo · 11 seconds ago · 4 min read
Mining operators are increasingly exploring AI hosting to counteract plummeting hashprice and shrinking Bitcoin margins.
Oct. 17, 2025 at 1:45 pm UTC
4 min read
Updated: Oct. 17, 2025 at 12:12 pm UTC
Cover art/illustration via CryptoSlate. Image includes combined content which may include AI-generated content.
Bitcoin miners are running out of room to breathe.
In the wake of a $19 billion market rout, operators have begun moving massive volumes of Bitcoin onto exchanges, a classic signal that sell pressure is building.
Data from CryptoQuant shows that between Oct. 9 and Oct. 15, mining wallets sent 51,000 BTC, worth more than $5.6 billion, to Binance alone. The largest daily transfer, over 14,000 BTC on Oct. 11, marked the biggest miner deposit since July 2024.
Bitcoin Miners Transfers to Exchanges (Source: CryptoQuant)Selling the reservesSuch spikes rarely happen in isolation. They usually appear when miners need liquidity to cover rising costs or hedge against price swings.
Analysts view these movements as a bearish on-chain signal, showing that miners are exiting long-term accumulation phases and preparing to sell.
Blockchain researcher ArabChain explained that large transfers from miner wallets typically indicate either direct liquidation or preparations for collateralized borrowing.
According to the researcher:
“Sometimes, miners also deposit coins to use as collateral for derivatives contracts or for financing purposes. In some cases, these deposits are merely technical reallocations—i.e., transfers between wallets associated with mining entities and trading platforms for regulatory or operational reasons.”
That change in behavior marks a turning point for the industry. For much of this year, miners were consistent net accumulators, banking on post-halving scarcity to drive prices higher.
However, they are now reacting to the opposite as shrinking margins and intensifying network difficulty drive their margin low.
A tougher race to every blockBitcoin mining difficulty, which measures how hard it is to find a new block, peaked above 150 trillion in September after seven consecutive positive adjustments.
According to Cloverpool data, the most recent epoch, ending at block 919,296, finally eased by 2.73%, offering brief relief after months of relentless upward pressure.
Difficulty adjustments happen roughly every two weeks, recalibrating the puzzle to ensure blocks arrive near Bitcoin’s ten-minute target.
A rising difficulty signals that more machines compete for rewards; a decline shows weaker miners have powered down. But even a slight drop hasn’t improved profitability.
According to Hashrate Index, hashprice, the revenue per terahash of computing power, has fallen to around $45, the lowest since April.
Meanwhile, transaction fees, which should help offset lower rewards, have cratered instead. So far in 2025, the average fee per block has been 0.036 BTC, the weakest since 2010.
“It is a paradox that so many bitcoin miners completely disregard transaction fees. Nobody seems to even talk about them…In just a decade, these fees will be almost your sole source of income.”
With Bitcoin’s halving in April cutting block rewards to 3.125 BTC, miners are now competing in a zero-sum environment where every extra terahash of power reduces everyone’s payout.
Many smaller operations are already underwater, particularly those running older, less efficient rigs.
AI presents a lifelineFaced with razor-thin margins, major mining firms are discovering a lucrative alternative in AI and high-performance computing (HPC) hosting.
Over the past year, companies such as Core Scientific have retooled their massive data center footprints, which are already optimized for power, cooling, and fiber connectivity, to accommodate compute-hungry AI workloads.
Hashlabs reported that a 1-megawatt (MW) mining site operating efficient rigs at around 20 joules per terahash (J/TH) can generate about $896,000 in Bitcoin revenue annually at a BTC price of $100,000.
However, the same MW rented to AI clients for compute-intensive workloads can yield up to $1.46 million yearly in stable, contract-based income.
AI Data Center Constructions (Source: Nico Smid)Nico Smid, founder of Digital Mining Solutions, said:
“The rise of AI and high-performance computing (HPC) is transforming the global compute landscape and Bitcoin miners are feeling the impact firsthand. What started as parallel industries are now competing for the same critical resources: power, infrastructure, people, and capital.”
This pivot doesn’t mean miners are abandoning Bitcoin. Instead, they’re diversifying the same infrastructure that once secured the blockchain into a broader computing economy.
In practice, miners can remain solvent through hosting contracts while waiting for the next crypto upcycle.
What it means for BitcoinThe short-term read is clear that miner selling adds pressure to an already fragile market.
Historically, sustained inflows from miner wallets have preceded periods of consolidation or capitulation. But the longer-term story may prove more consequential.
If mining facilities continue morphing into hybrid AI-crypto data centers, Bitcoin’s security model, which depends on consistent hashpower incentives, could face structural change.
As profitability from pure block rewards declines, Bitcoin’s hash rate may increasingly depend on firms whose primary business is no longer mining alone.
Faulty data oracles were just shown to be extremely dangerous.
When the market enters a hurricane, it's important to pay attention to which assets sink and which ones float. The Oct. 10 to 11 crypto flash crash was one of those moments, and it put a spotlight on a deceptively boring piece of plumbing -- the humble price oracle and the oracle coins that offer data services.
Chainlink (LINK -10.41%), the single biggest and most widely used oracle service in crypto, fell hard with the pack, sliding roughly 21% in a single day as the sell-off ricocheted across the sector. Its price has since rebounded somewhat, so there's no ongoing disaster for holders -- but there's a wrinkle here that complicates the issue of whether it's still worth buying. Let's investigate.
The market may now pay more for reliability
Data oracles are platforms that import prices and other quantitative information from the real world into smart contracts so that they can be used programmatically in crypto applications. Chainlink is thus a key pillar of the crypto sector's infrastructure, as it's the most commonly used oracle.
A chain's ecosystem, including its decentralized finance (deFi) and decentralized applications (dApps), is only as sturdy as its data feed. If the feed of information an oracle provides is wrong or delayed, smart contracts can settle incorrectly or freeze up.
During the Oct. 10 flash crash event, the crypto exchange Binance, the biggest centralized exchange (CEX) of them all, said some of its oracles experienced glitches and certain stablecoin assets depegged from their price targets. This coincided with the sectorwide downdraft and dramatically exacerbated the panic among traders. One visible symptom was that a certain stablecoin's price briefly showed extreme lows on Binance that were not reflected on other platforms, underscoring how reference feeds can distort badly when things go awry. At the same time, Chainlink had no reported issues.
Image source: Getty Images.
So, suppose the industry starts to price a reliability premium into its oracle infrastructure. In that case, the networks that deliver consistent feeds during times of great stress, like Chainlink, should accrue value over time. That means the investment thesis for buying it just got slightly stronger.
It's already monetizing trusted data sources
Aside from the factors involving the flash crash, the bull case for this coin still looks strong. Chainlink has enabled more than $25 trillion of transaction value across blockchain ecosystems already, with more platforms onboarding to its services every day.
The bull case for buying it has two main pieces.
First, institutional connectivity is finally real. Swift reported successful experiments in 2023 showing that its money transfer rails can orchestrate tokenized asset transfers across public and private chains. Chainlink has been a core interoperability partner in those trials and follow-on collaborations with global financial institutions. Second, its product surface area keeps expanding. Chainlink's data streams have rolled out to support high-frequency pricing for traditional financial instruments and are going live across additional ecosystems, broadening the range of applications that can leverage its feeds.
If reliability is the new scarce resource in the market for oracles, it'll be the icing on the cake for Chainlink. That could mean more networks paying for premium "enterprise-grade" feeds, more tokenized assets settling against Chainlink's data, and more cross-chain operations using Chainlink's interoperability protocol as a neutral switchboard.
So, is Chainlink still a buy after the plunge, even though it's still down by 23% over the last 30 days as of October 16? For long-term investors who want exposure to the part of crypto that monetizes trust and data integrity, the answer is yes. Chainlink isn't going away, and its stability just passed a major stress test with flying colors.
Alex Carchidi has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Chainlink. The Motley Fool has a disclosure policy.
2025-10-17 13:351mo ago
2025-10-17 08:521mo ago
BlackRock dumps over 500 Bitcoin as BTC price crashes
BlackRock’s iShares Bitcoin Trust (IBIT), the largest U.S. spot Bitcoin ETF, recorded two consecutive days of redemptions this week as Bitcoin tumbled below $105,000.
According to ETF flow tracker data shared by HeyApollo co-founder Thomas Fahrer, IBIT sold 272 BTC on October 15 and another 272 BTC on October 16, bringing its two-day outflow to 544 BTC, worth around $57 million at current prices.
Despite the redemptions, IBIT’s holdings remain enormous. The fund still controls approximately 804,800 BTC, cementing its dominance among U.S. spot ETFs and making it the single largest institutional vehicle for Bitcoin exposure.
Bitcoin price crash
The mild outflows came as Bitcoin itself endured one of its sharpest drawdowns in months. The cryptocurrency’s market capitalization fell from $2.216 trillion on October 16 to $2.07 trillion the following day, erasing nearly $150 billion in value in under 24 hours. U.S.-listed spot Bitcoin ETFs collectively saw more than 4,800 BTC ($531 million) in single-day outflows, their steepest drawdown since August, highlighting investor caution as macro headwinds intensified.
US spot Bitcoin ETF flows. Source: HeyApollo
The market stress coincided with geopolitical tensions after President Trump threatened 100% tariffs on Chinese imports, sparking a global risk-off move. Gold climbed above $4,330 per ounce as investors fled to safety, while Bitcoin slipped through key technical levels.
The breach of its 200-day simple moving average at $107,400 and the expanding channel floor near $99,500 further reinforced the bearish momentum.
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 current orderbook structure for Bitcoin presents a bleak picture, and traders are rightly calling it scary. The distribution of liquidity on the main exchanges following the recent market crash is wildly out of balance: buyers are pulling back, and sell walls are getting thinner, making Bitcoin extremely susceptible to another steep decline.
Liquidity concentrationAn alarming concentration of liquidity below the current market price is revealed by the orderbook data that was provided, which was taken from CoinGlass. Bitcoin is currently trading at about $104,500, just above the 200-day moving average, or black line, which is the final significant technical support level. The liquidity heatmap, however, indicates that most participants anticipate a deeper retracement before reentering, as dense clusters of bids only form close to $100,000-$102,000.
BTC/USDT Chart by TradingViewMultiple forced selling events and liquidation cascades are indicated by the red circles and yellow bars on the liquidity map; several of these have already taken place in the last 24 hours. While the green flashes show isolated spot absorption, primarily from short-term buyers trying to defend important levels, each red spike denotes aggressive sell pressure. But those are weak defenses.
HOT Stories
Source: CoinglassA liquidity void is indicated by the big red circle in the lower right corner. This is a risky void in resting orders that could hasten a decline in the event that the market experiences another selling wave. A short-term bearish shift has been confirmed technically, as Bitcoin has broken below the 50-day and 100-day EMAs. The RSI is close to 33, indicating that the market is oversold, but there is not any obvious bid depth to back a recovery.
More stress on BTCSimply put, there is no longer a safety net underpinning the market. The most frightening aspect is not the cost per se, but rather the orderbook’s brittleness. The lack of liquidity in between could cause a sharp move toward $100,000, or even $98,000, if Bitcoin loses $104,000. The orderbook for Bitcoin is essentially expressing anxiety and stress. There is no significant cushion below, and the little buying interest that is present is much lower, suggesting that traders anticipate more suffering before any attempt at recovery can begin.
2025-10-17 13:351mo ago
2025-10-17 08:591mo ago
Ethereum to Overtake Bitcoin? BitMEX's Tom Lee Predicts Wall Street-Style Flip
BitMEX chairman Tom Lee predicts Ethereum could flip Bitcoin in market cap, citing institutional adoption and the tokenization of financial assets as key drivers behind the potential flippening.
2025-10-17 13:351mo ago
2025-10-17 09:001mo ago
MegaETH buys back 4.75% equity and token warrants from pre-seed investors
Key Takeaways
How could China’s rising M2 money supply impact Bitcoin?
Historically, increased Chinese liquidity has correlated with BTC price gains, potentially boosting global demand.
What is Bitcoin’s short-term price target based on current market data?
Market projections suggest a short-term target of $117,000, driven by liquidation clusters around that level.
Bitcoin [BTC] may soon experience a major influx of liquidity after one of its deepest shakeouts in recent months.
This time, all eyes are on Chinese investors as global liquidity trends could favor the asset, helping it reclaim its lost bullish momentum.
Chinese liquidity to Bitcoin’s rescue?
A recent report from Alphractal highlights a notable surge in China’s M2 money supply.
M2 money supply measures the total amount of money circulating in an economy that can be quickly converted into cash or used for spending. It is a key indicator of economic growth. According to the report, China’s M2 stood at $24.9 trillion, at press time, surpassing that of the U.S.
Historically, there has been a strong correlation between rising Chinese M2 and BTC’s market performance. An increase in M2 liquidity has often been followed by a corresponding rise in Bitcoin’s price.
Source: Alphractal
This happens because excess liquidity tends to flow into other asset classes, Bitcoin being one of the main beneficiaries under historical conditions.
Analyst João Wedson supports this outlook, noting that Bitcoin mining activity remains heavily concentrated in China. He said,
“There are still many Chinese miners and OG whales active in the market. As long as China’s M2 keeps increasing, global liquidity will likely continue to favor Bitcoin.”
An opposing view
Ray Youssef, CEO of NoOnes, presents a contrasting view on China’s liquidity and its impact on BTC. In an email, he explained,
“Most of the new liquidity is likely to be absorbed domestically within the nation’s economic system. China’s M2 expansion reveals what’s really happening under the hood of the global economy,”
Youssef believes China’s liquidity boost is an attempt to stabilize its internal economy, possibly by increasing money supply, rather than to stimulate external investments such as BTC.
Data from Sosovalue supports this argument, showing that Chinese demand for Bitcoin remains relatively low.
Hong Kong’s Bitcoin exchange-traded funds (ETFs) continue to underperform, with total holdings valued at just $461 million, a sharp contrast to the $61.91 billion held by U.S. Bitcoin ETFs.
Source: Sosovalue
In fact, U.S. government-held Bitcoin alone is worth $34 billion, despite America’s money supply being about 2.1 times smaller than China’s.
Still, Ray Youssef acknowledges Bitcoin’s link to global liquidity:
“Monetary easing cycles, wherever they occur, reinforce the long-term case for non-sovereign assets. Bitcoin continues to evolve as a central part of that conversation,” he added.
Bitcoin cycle and short-term target
The potential for a continued rally now depends on whether Bitcoin maintains its repetition of a fractal cycle, a four-year pattern that has historically tracked the asset’s movements.
If Bitcoin follows this pattern, it could defy expectations tied to Chinese liquidity and rally further. However, if it breaks the pattern, a new high above the current level of $108,000 could emerge.
Short-term projections still point toward a $117,000 target, as suggested by the liquidation heatmap, which shows a cluster of short-seller positions around that price range.
Source: CoinGlass
2025-10-17 13:351mo ago
2025-10-17 09:001mo ago
Strategy's MSTR drops 50% from all-time high as BTC dips below $105,000
Strategy's (formerly MicroStrategy) share price is on a slide as sentiment around Bitcoin turns bearish. MSTR is now down by roughly 50% from its all-time high.
2025-10-17 13:351mo ago
2025-10-17 09:001mo ago
Bitcoin Mining Crackdown: Laos To End Crypto Mining By Early 2026
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure
Southeast Asian country of Laos is planning to reroute power away from Bitcoin and crypto mining operations by the end of Q1 2026.
Laos To Direct Power From Crypto Mining To AI, EVs
As reported by Reuters, Laos is looking to shift energy to industries that contribute more to economic growth than mining operations related to Bitcoin and other cryptos.
BTC and some other blockchains use a consensus mechanism based on the proof-of-work (PoW), where validators known as miners compete against each other using computing resources (measured as “Hashrate“) to solve a mathematical puzzle. The first to find the solution earns the opportunity to add the next block to the chain and claim the associated rewards.
Before 2021, China dominated Bitcoin mining, hosting a significant part of the total world Hashrate. In May 2021, however, crypto mining in the nation fell prey to an infamous ban, leading to a sharp crash in the network Hashrate.
Filling the void left behind by Chinese miners, several energy-rich countries began attracting mining operations to their grids. Laos was one of them. “We proposed to the government in 2021 to supply to crypto mining due to the oversupply of electricity domestically,” said Chanthaboun Soukaloun, the country’s deputy energy minister, in an interview with Reuters.
Laos is a big hub of hydroelectrical power and a key exporter of clean energy in the Southeast Asian bloc. Despite its abundant energy reserves, the government has now judged that its power can be better allocated to supplying industries that produce more jobs and build domestic supply chains, instead of crypto mining.
The sectors the government is considering prioritizing include AI data centers, metal refining, and electric vehicles. Initially, the country had planned to cut off crypto mining completely this year, but abundant rainfall made it decide to maintain electricity supply for a while longer. Soukaloun said that the government is now planning to end supply by the end of the first quarter of 2026.
The shift isn’t a sudden one, as Laos has already been scaling back on crypto mining operations. Mining farms related to Bitcoin and other assets utilized a peak power of 500 MW back in 2021 and 2022, but their consumption is down 70% to just 150 MW today.
Speaking of Bitcoin mining, the global Hashrate has been on the decline recently, as the chart for the 7-day average value of the metric from Blockchain.com shows.
Looks like the 7-day average Hashrate set a new record last month | Source: Blockchain.com
The indicator set a new all-time high (ATH) in late September, but it has since seen a notable drop, indicating that miners are scaling back on their facilities.
Bitcoin Price
Bitcoin has witnessed a further drop of 3% over the last 24 hours that has taken its price back to the $107,900 level.
The price of the coin seems to have been on the way down since the ATH | Source: BTCUSDT on TradingView
Featured image from Dall-E, Blockchain.com, CoinWarz.com, chart from TradingView.com
Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.
Story HighlightsThe live price of the ETC crypto is $ 15.22795725.Ethereum Classic coin Price could reach a maximum of $55 in 2025.With a potential surge, the ETC price may go as high as $158.75 by 2030.Ethereum Classic now has the rage following its much-hyped Olympia upgrade. It introduces EIP-1559 fee reform, establishing a deflationary model by burning base fees. It also unveils the Olympia Treasury and DAO, enabling decentralized governance and sustainable on-chain funding for ecosystem development.
However, the recent 51% attack on Monero has led to security concerns around PoW chains like ETC. Are you wondering what the future holds for ETC as the crypto market bounces back? Let’s dive deep into this detailed Ethereum Classic Price Prediction 2025, 2026 – 2030, and unravel the mysteries of Ethereum Classic’s future!
CryptocurrencyEthereum ClassicTokenETCPrice$15.2280 -8.10% Market Cap$ 2,344,285,926.7024h Volume$ 163,348,307.7900Circulating Supply153,946,185.1803Total Supply210,700,000.00All-Time High$ 176.1577 on 06 May 2021All-Time Low$ 0.4524 on 25 July 2016Ethereum Classic Price ChartTechnical AnalysisEthereum Classic (ETC) is trading near $15.28, remaining subdued below the 20-day SMA at $18.02 after a recent drop. Technicals indicate:
Key Support: $14.53 (lower Bollinger Band), $14.67 (recent low)Resistance: $18.02 (20-day SMA), $21.52 (upper Bollinger Band)Indicators: RSI at 35.31 reflects bearish conditions, approaching oversold territory.Ethereum Classic Short-Term Price PredictionETC Price Forecast 2025Considering that Ethereum Classic gains momentum in the coming altseason, ETC crypto will reach the $55 high mark in 2025. However, considering that Ethereum Classic remains inactive in the crypto world, the price of ETC crypto can potentially remain low at $26. As per the predictions, the average price of the crypto is expected to be around $40.50.
YearPotential Low ($)Average Price ($)Potential High ($)2025$26$40.50$55Ethereum Classic Mid-Term Price PredictionYearPotential Low ($)Average Price ($)Potential High ($)202648.1256.4664.80202752.6865.0977.51ETC Price Forecast 2026Looking ahead, the Olympia Upgrade planned for late 2026 could be a major catalyst. It will introduce EIP-1559-style fee burns, sending 80% of base fees to a decentralized treasury, and bring in on-chain governance via a DAO.
This could reduce supply over time, creating potential price growth. New listings, such as on Bitstamp for global users, add further exposure. Successively, it could reach a high of $64.80. With an average price of ETC at $56.46, the prices can bottom out at $48.12 in the case of a correction rally.
ETC Crypto Price Forecast 2027Coming to 2027, the Ethereum Classic will make a low above the $50 mark at $52.68 and create a high at $77.51, making an average price for the year around $65.09.
ETC Long-Term Price PredictionYearPotential Low ($)Average Price ($)Potential High ($)202872.5183.9495.38202994.46106.04117.632030108.2133.48158.75Ethereum Classic Token Price Forecast 2028Fast forward to 2028, the ETC price will reach a high of around 95.38 dollars, slightly below the $100 psychological mark. In case of a bearish correction, the crypto might create a low of around $72.51, making an average price for the year around $83.94.
ETC Price Forecast 2029By 2029, Ethereum Classic will break above the $100 barrier and create a high at $117, with a potential low at $94.46. Hence, the year-round average will be around $106.
Ethereum Classic Price Prediction 2030In 2030, ETC price will sustain above $100, with a potential low at $108.2, and reach a high of $158.75 by the year’s end. The average price of ETC in 2030 is expected to be around $133.48.
What Does The Market Say?Firm Name202520262030Wallet Investor$21.49$17.53–priceprediction.net$54.07$75.58$314.69DigitalCoinPrice$62.82$85.65$193.52CoinPedia’s Ethereum Classic Price PredictionAccording to CoinPedia’s formulated ETC price prediction, if the network sees initiatives with increased adoption, the price of ETC could soar to a maximum of $55 by year-end. Conversely, if the network fails to improve, the price can drop to $26 by the end of 2025.
We expect the ETC price to reach a new swing high of $55 in 2025.
YearPotential Low ($)Average Price ($)Potential High ($)20252640.5055Wondering if Ethereum will hit $5000 in 2025? Read Coinpedia’s ETH price prediction now to find technically projected targets for 2025 and years ahead.
Never Miss a Beat in the Crypto World!Stay ahead with breaking news, expert analysis, and real-time updates on the latest trends in Bitcoin, altcoins, DeFi, NFTs, and more.
FAQsCan Ethereum Classic be halved?
No, ETC cannot be halved as it is only mined.
What could be the maximum trading price of ETC by the end of 2025?
ETC price could possibly be changing hands at its maximum level of $55 this year.
Is it profitable to invest in Ethereum Classic?
Yes. The long-term earning potential seems bullish for Ethereum Classic.
How much will Ethereum Classic be worth in 2030?
According to CoinPedia’s Ethereum Classic price prediction, the Ethereum Classic (ETC) could be worth $158.75 by 2030.
What is the difference between Ethereum and Ethereum Classic?
Ethereum runs on the Proof of Stake consensus algorithm and Ethereum Classic works with smart contracts and Decentralized Apps.
What is the current price of 1 Ethereum Classic token?
At the time of writing, the price of one ETC crypto was $ 15.22795725.
Disclaimer and Risk WarningThe price predictions in this article are based on the author's personal analysis and opinions. CoinPedia does not endorse or guarantee these views. Investors should conduct independent research before making any financial decisions.
2025-10-17 13:351mo ago
2025-10-17 09:011mo ago
Trump Says China Tariffs 'Won't Stand' — But Bitcoin Crashes 5% Anyway
Bitcoin (CRYPTO: BTC) fell below $104,000 on Friday before president Donald Trump said high tariffs on China "will not stand," easing trade tensions but doing little to stop the market's decline.
Trump's Tariff Comments Fail To Rescue Bitcoin PriceBitcoin stayed under pressure even after U.S. President Donald Trump said he believes the U.S. will "be fine with China" and answered "no" when asked if high tariffs would stand.
The remarks briefly eased concerns over renewed trade tensions but had little effect on market sentiment.
Traders said the reaction reflected persistent caution across risk assets, with crypto markets still weighed down by tightening liquidity and weak inflows.
The comments did not trigger a sustained rebound in Bitcoin trading volumes or price action.
Bitcoin Outflows Top $1.6 Billion As Liquidity Dries Up
BTC Netflows (Source: Coinglass)
Data from Coinglass shows that Bitcoin recorded more than $1.66 billion in cumulative outflows over the past five sessions, including $365 million on Oct. 17 alone.
The consistent withdrawals highlight continued portfolio de-risking by both institutional and retail participants.
The selling pressure has drained short-term liquidity, making the market more vulnerable to price swings.
Stabilization in exchange flows will be critical for any meaningful recovery attempt in the near term.
Bitcoin Chart Breakdown Raises Alarms On $100,000 Test
BTC Price Prediction (Source: TradingView)
Technical analysis: Bitcoin's daily chart confirms a breakdown below $108,000, where the 200-day exponential moving average (EMA) had previously acted as strong support.
The breach shifts focus toward $103,500 as the next short-term demand zone, while $100,000 remains the main psychological and structural support level.
Momentum readings also show continued weakness. The RSI has dropped to 34, near oversold territory, while major moving averages have turned lower in alignment with the bearish trend.
Unless inflows stabilize, the next pivot could form closer to $100,000, with a deeper extension exposing $92,000 as the next major support area.
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Image: Shutterstock
Market News and Data brought to you by Benzinga APIs
Pi Studio is now accessible from the main navigation bar in Pi Desktop, improving its visibility.
The platform has integrated AI tools to automatically generate logos and welcome messages.
Despite the improvements, Pi Coin’s price has fallen 11.2% in the last week, approaching its all-time low.
Pi Network is evolving its developer ecosystem. They recently announced the launch of a new Pi Studio update. This improvement focuses on making app creation more accessible and customizable, seeking to deepen community engagement among developers and users.
The most notable change is the relocation of Pi Studio. Previously relegated to the “Utilities” tab, it now enjoys direct access from the top navigation bar in the desktop application (Pi Desktop), placing it next to the mining app and the node. This strategic move drastically simplifies access for creators.
The standout innovation of this Pi Studio update is the expansion of Artificial Intelligence integration. That is, developers can now use AI tools to automatically generate logos and welcome messages from the chat box and in custom applications. These tools are designed to promote flexibility and accelerate the development cycle.
Additionally, the “Discovery Apps” feature has been redesigned, which now allows “Pioneers” (the network’s users) to vote and staking Pi on the community apps they deem most valuable.
Can This Update Rescue Pi’s Price?
Despite continuous efforts to expand the ecosystem, the network’s native token does not reflect this optimism. Currently, Pi Coin is trading at $0.2020, representing a severe drop of 11.2% compared to the previous week. The token shows a pronounced bearish trend, trading dangerously close to its all-time low.
The outcome of this new technical catalyst on the price remains uncertain. However, industry experts view the Pi Studio update favorably. Analyst “Dr. Altcoin” noted that this improvement allows users to create their own functional business apps for an incredibly low cost, under 2 Pi Coins.
The expert also highlighted that the network has already surpassed 24,000 launched applications, a milestone that demonstrates strong adoption of the development platform, regardless of short-term price action.
2025-10-17 13:351mo ago
2025-10-17 09:031mo ago
Labākais kriptovalūtas iepriekšpārdošanas piedāvājums, ko var iegādāties jau tagad? Bitcoin Hyper pārsniedz 23,9 miljonu dolāru robežu
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure
Kriptovalūtu tirgus šonedēļ joprojām ir nestabils, taču analītiķi uzskata, ka labākais kriptovalūtas iepriekšpārdošanas piedāvājums jau ir atrasts. Bitcoin Hyper ($HYPER) piesaista lielu uzmanību pēc tam, kad tā Layer-2 Bitcoin integrācija pārsniedza 23,9 miljonu dolāru iepriekšpārdošanas finansējumu, pārsniedzot prognozes un konkurējot ar vadošajām mēmu monētām par 2025. gada popularitāti.
Pieaugums notiek nestabilā situācijā. Bitcoin īslaicīgi sasniedza jaunu visu laiku augstāko līmeni 126 080 dolāru apmērā, pirms atkāpās zem 106 000 dolāru līmeņa pēc atjaunotajām ASV un Ķīnas tirdzniecības spriedzēm. Likvidācijas pieauga tirgos ar lielu sviras efektu, tomēr daudzi uzskata, ka korekcija ir optimistiska atjaunošanās.
Kapitālam rotējot ārpus “blue chip” monētām, mazākie “altcoins” un iepriekšpārdošanas piedzīvo atjaunotu pieplūdumu. Bitcoin Hyper hibrīdā identitāte – daļēji Bitcoin, daļēji mēms – šķiet, pilnībā atbilst pašreizējam investoru apetītei.
Bitcoin Hyper veido Layer-2 infrastruktūru uz Solana virtuālās mašīnas
Tā kā Bitcoin saskaras ar mērogojamības problēmām, Bitcoin Hyper ievieš modulāru Layer-2 ķēdi, izmantojot Solana virtuālo mašīnu (SVM). Tas ļauj veikt ātrākas transakcijas, izpildīt viedos līgumus un integrēt vietējās dApp un mēmu monētas – vienlaikus saglabājot Bitcoin drošības modeli.
Projekta tehnoloģiju kopums jau ir pārbaudīts CoinSult un Spywolf, un nesenā CoinSult drošības pārbaude neatklāja nevienu ievainojamību. Kombinācijā ar līdz pat 49% APY ieguldījumu atlīdzību un DAO balstītu pārvaldību, Bitcoin Hyper tiek uzskatīts par vienu no visvairāk lietderīgajiem iepriekšpārdošanas produktiem 2025. gadā.
Investoru sajūsma atspoguļojas skaitļos. Šī raksta tapšanas brīdī Bitcoin Hyper ir piesaistījis 23 951 187 ASV dolārus, un tokena cena pašlaik ir 0,013125 ASV dolāri.
Analītiķi prognozē sākotnējo vērtību 0,0583 ASV dolāri, kas nozīmē 345 % prognozēto pieaugumu, savukārt agresīvāki modeļi paredz pieaugumu līdz 0,1557 ASV dolāriem – vairāk nekā 12 reizes no pašreizējā līmeņa.
Bitcoin cīnās, lai atgūtu 113 000 ASV dolārus, kamēr aktivizējas alternatīvo kriptovalūtu rotācija
Lai gan Bitcoin joprojām ir tirgus barometrs, pēdējās cenu izmaiņas liecina par nenoteiktību. Kriptovalūta nespēja noturēties virs 108 000 ASV dolāriem un īslaicīgi noslīdēja līdz nedēļas zemākajam līmenim 105 646 $.
Atbalsts ķēdē paliek ap 104 772 ASV dolāriem, un tirgotāju realizētā cena tagad ir tuvu 116 000 ASV dolāriem. Ja BTC atgūs 117 000 USD līmeni, analītiķi prognozē virzību uz 126 000 USD–128 000 USD pretestības diapazonu.
Makroekonomiskie apstākļi ir dažādi. Inflācija ir zem 3 %, bet darba tirgus mīkstināšanās pazīmes un gaidāmās 2026. gada reformas liek gaidīt FED mēreno pagriezienu. Vēsturiski šādi pagriezieni ir izraisījuši kriptovalūtu rallijus, un dažas prognozes tagad paredz, ka BTC līdz gada beigām sasniegs 160 000–200 000 ASV dolāru līmeni.
Neskatoties uz šo potenciālo pieaugumu, kapitāla efektivitāte un infrastruktūras ierobežojumi joprojām ietekmē Bitcoin pieņemšanu, radot telpu mērogojamiem Layer-2 protokoliem, piemēram, Bitcoin Hyper.
Agrīnie $HYPER pircēji signalizē par pieaugošo sociālo impulsu
Iepriekšpārdošanas virālo izplatību nevirza tikai ažiotāža. Ietekmīgo personu vadītās Telegram grupas, Twitter tirdzniecības tēmas un Discord balstītās kriptovalūtu kopienas tagad Bitcoin Hyper atzīst par prioritāru.
Daudzi agrīnās stadijas pircēji kā galvenos lēmuma pieņemšanas faktorus norāda zemo tirgus kapitalizāciju, Bitcoin saskaņotību un reālo lietošanas gadījumu arhitektūru.
”On-chain” datu izsekošana arī atklāj, ka maku aktivitāte atbilst pārliecinošai ICO pārdošanai: liela apjoma pirkumi, ilgs turēšanas periods un vairākkārtēja atkārtota ieiešana ar tiem pašiem makiem.
Atšķirībā no ”pump-and-dump” tokeniem, HYPER piesaista ilgtermiņa turētājus, kas paredz daudzfāzu izaugsmi, kas saistīta ar Layer-2 ieviešanu.
Ar atjaunoto interesi par “altcoin” sezonu, $HYPER klātbūtne labāko kriptovalūtu iepriekšpārdošanas izlases sarakstos strauji pieaug – to veicina gan kopienas atbalsts, gan fundamentālie rādītāji.
Bitcoin Hyper ieņem pirmo vietu 2025. gada labāko kriptovalūtu iepriekšpārdošanas sarakstā
Arī mediju pieminējumi strauji pieaug. Newsmax Inc. nesen apstiprināja līdz 5 miljoniem dolāru kriptovalūtu ieguldījumus, tostarp Bitcoin un Trump Coin, liecinot par pieaugošo institucionālo uzticību.
Taču mazumtirdzniecības uzmanība ir pievērsta Hyper, kas apvieno augstu APY ”staking”, zemu ieejas cenu un spēcīgu naratīvu – drošību, ātrumu un mēmu virālumu.
Atšķirībā no izolētiem mēmu projektiem, Bitcoin Hyper piedāvā funkcionālas integrācijas starp makiem, ieguldījumu platformām, pārvaldības slāņiem un ekosistēmas finansējumu – viss ar Solana līmeņa ātrumu un komisijas mksu efektivitāti.
Analītiķi turpina to virzīt kā labāko kriptovalūtas iepriekšpārdošanu 2025. gadā, it īpaši investoriem, kas meklē 10x–50x iespēju pirms nākamās “altcoin” rotācijas. Bitcoin dominances apstāšanās un mazāku kapitāla uzņēmumu pieauguma dēļ, tādi tokeni kā $HYPER arvien vairāk tiek uzskatīti par tramplīnu straujas peļņas gūšanai.
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2025-10-17 13:351mo ago
2025-10-17 09:041mo ago
Extreme Fear Creeps Back Into the Crypto Market as Bitcoin Tanks by $20K in Days
The last time investors were this fearful was in early April when BTC traded around $76,200.
For the first time in more than six months, crypto investors are experiencing deep fear. This bearish sentiment comes amid a broader market decline and bitcoin’s (BTC) dive to the $103,000 level.
Data from Alternative.me shows that the Crypto Fear and Greed Index has fallen to a level that signals extreme fear among investors. The last time investors were this fearful was in early April when BTC traded around $76,200.
Extreme Fear Grips Investors
The Crypto Fear and Greed Index gauges investor sentiment by analyzing several factors, including market volatility, momentum, trends, BTC dominance, and social media. The metric reads from 0 to 100, with the former signaling extreme fear and the latter number indicating extreme greed. When the market has a neutral sentiment, the index hovers around 50.
Currently, the index sits at 22, a range that signals extreme fear. Last week, it hovered around 64, indicating a greedy sentiment among investors as BTC mostly hovered above $120,000. It is worth mentioning that the index dived from the greed level to the fear range as BTC plummeted amid the market crash on October 10.
As BTC recovered from last week’s carnage, the index climbed a little. However, the ongoing correction has triggered a deeper plunge in the metric. The current state of the market has triggered different reactions from several analysts. Some predict more pain in the coming days before the bulls take over and bring the “Uptober” positive seasonality to play. Others claim that the bull run is over and it will be downhill from here until the end of the bear market.
Either way, periods where fear has dominated the market often present buying opportunities to investors.
More Pain Incoming?
While observers and participants await the market’s next step, Bitcoin liquidations are increasing by the hour. In the last 24 hours, over 305,000 traders have been liquidated for more than $1.2 billion. Long positions account for at least $917 million, while short trades have been wrecked for more than $261 million.
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However, BTC bounced in the past few hours after US President Donald Trump said the tariffs on China he announced last week won’t stand. Additionally, he and President Xi are set to meet in two weeks.
2025-10-17 13:351mo ago
2025-10-17 09:051mo ago
Ripple Expands Into Corporate Treasury Market With $1 Billion GTreasury Acquisition
Blockchain company Ripple is expanding its presence in corporate finance with the announcement of a $1 billion acquisition of GTreasury, a globally recognized leader in treasury management systems. The deal signals Ripple’s growing role in financial technology beyond cross-border payments.
In brief
Ripple is expanding into the corporate treasury sector with its $1 billion acquisition of GTreasury.
The acquisition opens access to a massive multi-trillion-dollar treasury payments market and top global corporations.
CEO Brad Garlinghouse said combining Ripple’s blockchain with GTreasury’s expertise will improve how CFOs manage stablecoins and tokenized deposits.
Expanding Access to the Global Corporate Treasury Market
According to Ripple, the acquisition will provide a direct entry into the multi-trillion-dollar corporate treasury market, giving the company access to some of the largest and most established enterprises.
Chief Executive Officer Brad Garlinghouse noted on X that the $1 billion transaction places Ripple within the $120 trillion corporate treasury payments market. He added that recent years have shown payments to be the most practical and impactful use of blockchain and cryptocurrency, which aligns with Ripple’s founding mission to modernize outdated financial systems that tie up large amounts of capital and create inefficiencies.
Garlinghouse noted that combining Ripple’s blockchain technology with GTreasury’s decades of experience serving leading global brands will help chief financial officers (CFOs) manage a range of assets, including stablecoins and tokenized deposits. He added that the partnership will also allow more efficient utilization of idle capital through access to repo markets provided by prime broker Hidden Road.
Operational Overview of Ripple’s GTreasury Deal
GTreasury offers treasury management systems that assist Fortune 500 companies in managing liquidity and risk. Under this deal, its system will be integrated into Ripple’s growing range of financial tools.
Other key details to know about the transaction and how it will operate
Clients will be able to manage cash and digital assets in real time, optimizing liquidity and improving efficiency across treasury operations.
Ripple plans to provide 24/7 cross-border payment services at competitive rates, addressing inefficiencies in traditional payment systems.
The partnership will help clients unlock idle capital by connecting to the global repo market through Hidden Road.
The transaction is subject to regulatory approval and is expected to close in the coming months.
Strengthening Ripple’s Broader Expansion
Meanwhile, prior to this deal, Ripple had acquired prime broker Hidden Road and stablecoin platform Rail, making GTreasury its third acquisition in 2025.
The company’s efforts to expand its ecosystem are evident in the growth of its U.S. dollar stablecoin, launched last year. Its supply has surpassed $840 million across the XRP Ledger and Ethereum networks. Integrating this digital asset with GTreasury’s treasury systems is expected to enhance Ripple’s capacity to serve major corporations that are increasingly adopting digital assets in their financial operations.
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Ifeoluwa O.
Ifeoluwa specializes in Web3 writing and marketing, with over 5 years of experience creating insightful and strategic content. Beyond this, he trades crypto and is skilled at conducting technical, fundamental, and on-chain analyses.
DISCLAIMER
The views, thoughts, and opinions expressed in this article belong solely to the author, and should not be taken as investment advice. Do your own research before taking any investment decisions.
2025-10-17 13:351mo ago
2025-10-17 09:081mo ago
Ethereum Price Analysis: Is $3.5K Next for ETH After 13% Weekly Drop?
Ethereum continues its correction phase after failing to maintain momentum above $4,200. The market’s sentiment remains cautious as ETH trades around $3,700, showing weakness both technically and sentiment-wise. Buyers are seemingly losing control, and the focus now shifts to key support zones below.
Technical Analysis
By Shayan
The Daily Chart
On the daily timeframe, ETH has broken below the long-term ascending channel structure and the 100-day moving average, located around the $4,100 mark. The price is currently moving toward the 0.5 Fibonacci retracement level at $3,530. This zone is a critical area that previously acted as support, and is the base of the most recent rally in August.
The RSI around 37 indicates bearish momentum but hasn’t reached oversold territory yet, implying that more downside is still possible. A clean breakdown below $3,500 could open the way toward the 0.618 retracement level at $3,200, while reclaiming the last price high around $4,200 would be the first sign of recovery.
The 4-Hour Chart
The 4-hour chart shows clear bearish order flow as the downtrend is aggravating after losing the $4,200 level and failing to reclaim it. The recent rejection from this zone has confirmed a shift in the short-term market structure to bearish.
Momentum remains weak with RSI near 33, suggesting sellers still dominate. The next demand zone lies around $3,500–$3,400, where buyers recently held their ground during the massive liquidation event. However, failure to hold this level could accelerate the move toward $3,200 or even $3,000 in a deeper decline.
Sentiment Analysis
Long Liquidations
Ethereum’s latest drop triggered a notable spike in long liquidations across all exchanges, marking one of the largest deleveraging events in recent months. This surge in forced selling reflects how overconfident long traders were caught off guard by the market’s swift reversal.
Historically, such liquidation spikes often appear near local bottoms as leveraged positions get flushed out. However, the magnitude of this latest move suggests panic among retail traders, while institutions are likely waiting for clearer confirmation before re-entering.
Overall, the sentiment remains fearful and risk-averse, with traders preferring caution over aggressive long exposure in the short term.
2025-10-17 13:351mo ago
2025-10-17 09:091mo ago
Solana's Co-Founder Says Stablecoins Will Drive Trillion-Dollar Minting Across Blockchains
Solana Labs co-founder Anatoly Yakovenko believes stablecoins will form the backbone of the next major wave of blockchain adoption, driving trillions of dollars in on-chain activity across global markets.
In a wide-ranging interview, Yakovenko reflected on Solana’s journey from its early fundraising struggles to becoming one of the world’s largest layer-1 blockchains. He argued that while the regulatory environment in the United States has pushed many crypto startups offshore, the innovation potential of stablecoins remains too big to ignore.
For Yakovenko, stablecoins represent the most practical use case for blockchain technology today. That is, a frictionless bridge between traditional finance and decentralized systems.
“Crypto, to me, means cheaper, faster finance for consumers,” he said. “A lot of crypto is kind of the continuation of the growth of the internet and software, and this is specifically software eating the finance world.” He added.
Despite the regulatory headwinds, Yakovenko has remained committed to building in the U.S., calling it “the best place to start a company” thanks to its engineering talent and venture ecosystem. But he warned that excessive legal costs and uncertainty have driven smaller founders away.
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Stablecoins and the Future of Blockchain Finance
Yakovenko sees stablecoins as the foundation of a new “internet capital market,” one that can rival traditional systems in speed, reliability, and scale.
The Solana co-founder envisions a global network where stablecoins enable seamless cross-border payments, decentralized finance (DeFi), and tokenized assets, all while maintaining the transparency and security of blockchain technology.
Reflecting on Solana’s resilience after the FTX collapse, Yakovenko praised developers who continued to build, citing their grit as a key reason the ecosystem recovered.
With Solana’s infrastructure now powering some of the fastest blockchain performance in the industry, Yakovenko believes stablecoins will soon unlock mainstream, trillion-dollar applications. “It’s just software eating the finance world,” he said. And stablecoins are the first real taste of it.
2025-10-17 13:351mo ago
2025-10-17 09:121mo ago
Trump Confirms Trade War as China Tariffs Hit 100% and Bitcoin Crashes $18,000 in Hours
Trump didn’t sugarcoat it – when reporters asked if America was heading for a trade war with China, he shot back: “Well, we’re in one now.”
That blunt admission on Wednesday confirmed what markets already feared – the US and China are locked in their worst economic fight since Trump took office in January 2025… and it’s about to get much worse.
Trump now threatens to slap a 100% tariff on all Chinese goods starting November 1. That would basically kill trade between the world’s two biggest economies. “If we didn’t have tariffs, we would be exposed as being a nothing,” Trump told reporters, calling the measures critical for national security.
The numbers tell everything – Trump’s tariffs will pull in $171.3 billion this year, that’s 0.56% of GDP, and the biggest tax increase since 1993. But China isn’t taking it lying down either. So, they’ve already cut US oil imports by 90% and stopped buying American soybeans completely, switching to suppliers in Argentina, Uruguay, and Brazil.
Treasury Secretary Scott Bessent fired back at China on Wednesday: “If some in the Chinese government want to slow down the global economy through disappointing actions and economic coercion, the Chinese economy will be hurt the most.” Bold words, but economists say both countries will bleed from this fight.
The latest explosion came after China tightened controls on rare earth minerals on October 9. These metals, with names such as holmium and ytterbium, power everything from iPhones to fighter jets – yet, China controls most of the world’s supply, and they’re using that leverage hard.
Markets freaked out immediately. On October 10, when Trump posted his 100% tariff threat on Truth Social, stocks tanked. The Dow dropped 879 points, S&P 500 fell 2.71%, while the Nasdaq crashed 3.56%.
But crypto got absolutely destroyed, and Bitcoin plunged from $121,560 to below $103,000 in just hours – an $18,000 wipeout. More than $19 billion in leveraged crypto positions got liquidated in 24 hours, which is almost 20 times bigger than the COVID crash, which only saw $1.2 billion in liquidations. Even the FTX collapse only triggered $1.6 billion. Traders compared it to getting hit by a nuclear bomb.
The crypto bloodbath has pushed many investors toward alternative platforms. As traditional exchanges struggled with the chaos, traders turned to crypto casinos that offer instant withdrawals. These platforms let you keep control of your Bitcoin without lengthy verification hassles or withdrawal limits – and while markets melt down, such casinos can give you everything from poker to slots, all while keeping transactions anonymous and funds accessible within minutes.
Some industries are getting hammered harder than others, though. Bitcoin miners now pay 57.6% tariffs on Chinese mining equipment and 21.6% on gear from Malaysia, Thailand, and Indonesia. Desperate to beat the tariffs, some miners spent $3 million chartering flights to rush equipment into the country – but despite the pain, no bigger US mining operations have moved overseas yet.
Regular businesses are panicking as well. On April 21, retail CEOs warned Trump that Americans would see empty shelves and higher prices within two weeks. So, with the Christmas shopping season just around the corner, consumers will feel this at the register.
But the scariest part is that America hasn’t seen tariffs this high in almost a century. The average US tariff rate hit 27% earlier this year – the highest since the 1930s. Remember the Smoot-Hawley Tariff Act that helped cause the Great Depression? Well, we’re in that territory now.
Trump and Xi Jinping were supposed to meet in South Korea later this month. Trump threatened to skip it, then classic Trump style, posted “Don’t worry about China, it will all be fine!” Nobody knows what comes next.
The trade war Trump confirmed isn’t just rhetoric anymore. China turned from buying $20 billion in US soybeans per year to zero. But America’s targeting China’s tech sector – and both sides keep raising stakes.
Global trade could shrink 0.2% from these tariffs alone. Developing countries are getting crushed between the two superpowers. November 1 is coming fast, and neither side shows signs of backing down.
Trump wanted a trade war – now, he got one, but everyone’s paying the price.
Disclaimer: The statements, views and opinions expressed in this article are solely those of the content provider and do not necessarily represent those of Crypto Reporter. Crypto Reporter is not responsible for the trustworthiness, quality, accuracy of any materials in this article.
This collaboration enables smart contracts to access real-time, high-frequency market data with sub-second latency. It paves the way for applications like perpetual contracts, prediction markets, and stablecoins to achieve centralized exchange-level responsiveness.
2025-10-17 13:351mo ago
2025-10-17 09:191mo ago
Post-Liquidation Predictions For Bitcoin, Ether, XRP, Solana, Cardano—Here's What Key Players Are Anticipating
Following the recent crypto market crash, market participants, some of whom dubbed the event as the worst in crypto history, are outlining their near-term and long-term expectations for Bitcoin, leading Altcoins, and the larger cryptocurrency market. Notably, the crypto market witnessed a $19.31 billion wipeout in long positions on October 11, 2025.
The Crypto community on X, formerly Twitter, is up and actively making bold predictions while urging market participants to look ahead.
A recovery lies ahead?
The crypto market has recorded massive losses on previous occasions, and as a result, fear, uncertainty, and greed trailed the market afterward. In the long term, a bounce back was observed.
This is according to pseudonymous analyst DaanCrypto, who asserted that new investors and vast capital are poised to revive the crypto market, adding that the recent large-scale liquidation was significant but small compared to global fiat money.
After big liquidation events and market declines like this one, you’ll always see the same things on your feed:
1. “Who is going to buy into this market seeing what just happened?”
2. “How can anyone trust this market anymore?”
3. “No one has money left to buy!”
Same things…
— Daan Crypto Trades (@DaanCrypto) October 12, 2025
BTC to retest previous lows or hit higher highs
The recently observed market crash had an immediate effect on BTC, causing the asset to plunge 21% from $115,000 to a low of $105,223 within a day.
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Looking ahead, on-chain analyst Joao Wedson noted that the crash impacted every trader who opened a long position in the last 3 months. However, the big bull is either primed to make a comeback or revisit previous support levels.
“The only chart that still has more bulls left to be liquidated is the 6-month chart, with maximum pain around $94K. For the bears, however, price would need to rise to $130.7K — a target I expected when we nailed the last local bottom at $108K in late September.” He wrote.
The on-chain analyst remarked that some market metrics have already signaled an end, although the most reliable signals have not yet. As such, a 50/50 probability of BTC retesting lower lows or tapping higher highs is in view.
BTC wiped out the bulls, but something important is happening.
Almost every trader who opened positions in the past three months got hurt.
The only chart that still has more bulls left to be liquidated is the 6-month chart, with maximum pain around $94K.
For the bears,… pic.twitter.com/TPhsxBfvd1
— Joao Wedson (@joao_wedson) October 11, 2025
During the time of this report, Bitcoin, down 5.45% over the last 24 hours, is trading at a press time price of $105,512. Similarly, leading altcoins ETH, BNB, XRP, and SOL are down 8.68%, 14.28%, 8.93% and 8.70% respectively.
According to data from CoinMarketCap, the global crypto market cap sits at $3.57 trillion, down 5.76% from the previous day.
2025-10-17 13:351mo ago
2025-10-17 09:201mo ago
Ethereum price weakness deepens as it flirts with $3,500 correction
After a volatile week of failed recoveries and fading momentum, Ethereum price is showing renewed signs of strain as it slips deeper into correction territory.
Summary
Ethereum price has fallen nearly 7% in 24 hours and 12% over the past week, erasing recent gains.
The token is now trading near $3,773, about 15% lower than last month’s levels, signaling mounting weakness.
The $3,800 support level is critical, with a weekly close below it risking a slide toward $3,450–$3,500, where heavy liquidity and prior buying interest sit.
A recovery above $3,800 and $4,250 would require renewed institutional demand and strong ETF inflows to shift momentum back in favor of bulls.
Ethereum’s latest decline has left the token trading at $3,773, down nearly 7% for the day and over 12% on the week, per data from crypto.news.
The persistent downward pressure has erased near-term gains and put ETH more than 15% lower than its price from one month ago, confirming a deepening weakness in the market.
Last week’s sharp market crash set the tone for the token’s decline, sending it briefly below $3,500 before a rapid weekend bounce restored Ethereum (ETH) to a resistance area just above $4,250. This level has formed a critical technical marker since August, acting as key support during rallies and stiff resistance during recent corrections.
As ETH clawed its way back to $4,250 following the crash, it was met with heavy selling pressure. Technical indicators point to continuing market fatigue and an absence of bullish conviction.
With sellers in control and momentum indicators flashing, ETH could be set for a deeper correction toward $3,500, a pivotal level for both short- and medium-term price action.
Ethereum price outlook
ETH is currently wedged just under a key weekly support level that has repeatedly shaped its price action over recent months. Higher time frame levels like this often see price move through them intraday, but a weekly close below $3,800 raises the risk that this support could flip to resistance, setting a new hurdle for bulls.
Ethereum price chart | Source: TradingView
If ETH closes the week below $3,800, traders will likely set sights on $3,450, where aggressive buying previously sparked a sharp rebound. Conversely, a weekly close above $3,800 would reignite bullish hopes. ETH could then target a fresh run at $4,250, an area that has consistently acted as major resistance since August.
Overcoming that wall will require more than just technical momentum. Strong volume and visible buying from institutional investors, corporate ETH treasuries, and robust ETF inflows will be essential catalysts. Without these supportive forces, ETH’s outlook remains vulnerable, with $3,500 increasingly in play.
2025-10-17 13:351mo ago
2025-10-17 09:301mo ago
The ghost of Mt. Gox will stop haunting Bitcoin this Halloween
Mt. Gox, the defunct Tokyo-based cryptocurrency exchange, still holds around 34,689 Bitcoin (BTC) ahead of its Oct. 31 repayment deadline.
The exchange lost around 650,000 BTC in thefts that went undetected from 2011 until its 2014 collapse, while about 200,000 BTC was later found in an old-format wallet. Those coins became the foundation for creditor repayments overseen by court-appointed trustee Nobuaki Kobayashi.
In 2017 and 2018, Kobayashi earned the nickname “Tokyo Whale” for selling Mt. Gox Bitcoin to fund fiat repayments. In mid-2024, wallet activity surged again as roughly 100,000 BTC was moved between Mt. Gox addresses for distribution, though not all represented actual sales.
The repayment deadline was extended by a year to give creditors more time to complete claim procedures. With about $3.9 billion in Bitcoin still in Mt. Gox-linked wallets, this Halloween may again spark concerns about possible sell pressure.
Here’s how Mt. Gox’s Bitcoin movements have moved markets throughout its bankruptcy and civil rehabilitation proceedings.
Tokyo Whale’s first Mt. Gox Bitcoin sales dumpKobayashi’s first major round of Bitcoin sales took place between September 2017 and March 2018, with blockchain data indicating that the largest offloading occurred on Feb. 6. By mid-March, Mt. Gox’s Bitcoin holdings had fallen to around 166,000, after Kobayashi disclosed the sale of 35,841 BTC for 38 billion Japanese yen (about $360 million at the time).
That may not seem like a significant supply shock in today’s Bitcoin economy. On Wednesday, Bitcoin had a $2.24-trillion market capitalization, but back in early February 2018, that number stood at roughly $140 billion, when Kobayashi’s sales represented about 0.26% of the asset’s total value.
Kobayashi’s Feb. 6 sale also coincided with Bitcoin’s slide to around $6,000, which was the lowest point of that year’s first quarter. Bitcoin was already falling from its December 2017 peak of nearly $20,000 during the height of the initial coin offering (ICO) boom.
While Bitcoin was already struggling after the collapse of the ICO bubble, its sharp drop on Feb. 6 closely coincided with Kobayashi’s major sell-off. Kobayashi denied that his Mt. Gox liquidations deepened the decline, but his actions drew criticism from market observers.
Tokyo Whale stops selling at around 144,000 BTCFollowing the ICO crash of early 2018, Bitcoin and the cryptocurrency industry entered what’s now known as the first crypto winter, as liquidity dried up and funding slowed down. Many crypto firms had to downsize or shut down.
Kobayashi didn’t help either by continuing to sell off Mt. Gox’s Bitcoin. About 24,658 BTC was sold from April 27 to May 11, decreasing the exchange’s holdings to 141,686. The first major sale on April 27 was for about 15,000 BTC. Bitcoin had a sharp drop on April 25 to 26 but rebounded on April 27 before having a small rally to Q2 2018’s top of nearly $10,000. The second major sale by Kobayashi on May 11 coincided again with its fall from the top.
This was the last time Kobayashi sold Mt. Gox’s Bitcoin. In June, after a creditor petition, the Tokyo District Court halted the bankruptcy and opened civil rehabilitation, appointing Kobayashi as rehabilitation trustee. In bankruptcy, non-monetary claims are converted to cash. In civil rehabilitation, Bitcoin claims are not liquidated, with repayment set by a court-approved plan that allows for distributions in BTC or Bitcoin Cash (BCH) rather than cash.
With Mt. Gox sales off the table, Bitcoin held above $6,000 for most of the year until November’s Bitcoin Cash hard fork rattled the market. Mt. Gox’s holdings remained steady at around 142,000 BTC during this period.
Mt. Gox Bitcoin repayments beginIn mid-2024, Bitcoin was in a far stronger position than during the Tokyo Whale era, still riding the momentum of the first batch of US spot Bitcoin exchange-traded funds. It was the middle of a bull rally that would eventually send Bitcoin past $100,000 in December 2024.
In early July, Mt. Gox wallets began moving Bitcoin as the exchange prepared for creditor repayments under the civil rehabilitation plan. Markets initially feared that recipients would immediately sell. Bitcoin dipped again after Kraken, one of the exchanges handling distributions, announced on July 24 that it had completed its process.
Some analysts speculated that up to 99% of creditors might sell once they received their share. But when repayments actually began, there was “no significant spike” in trading volume, according to CryptoQuant founder Ki Young Ju.
By Aug. 1, Arkham data showed Mt. Gox’s holdings had fallen by nearly 100,000 BTC, leaving around 46,000 BTC still under the trustee’s control.
Mt. Gox’s extended Bitcoin repayment deadline nearsOn Oct. 10, 2024, Kobayashi announced that most repayments to verified creditors had been completed, though many were still pending due to incomplete procedures or processing issues.
With court approval, the repayment deadline was extended from Oct. 31, 2024, to Oct. 31, 2025, and the trustee urged remaining creditors to finalize their submissions through the Mt. Gox claims portal.
At the time of writing, Mt. Gox wallets still hold about 34,689 BTC worth roughly $3.9 billion, awaiting distribution.
In March 2025, the exchange began moving assets between its wallets, a likely step in preparing for further repayments ahead of the Halloween deadline.
Magazine: Review: The Devil Takes Bitcoin, a wild history of Mt. Gox and Silk Road
2025-10-17 12:351mo ago
2025-10-17 07:321mo ago
Bitcoin's Price Correction Deepens as Bulls Await Rotation from Gold Rally
Bitcoin’s (BTC) price continues to struggle, slipping below key support levels even as investors hope for a shift of capital from gold’s ongoing rally into the leading cryptocurrency. Market analysts note that Bitcoin is now at its most oversold level against gold since late 2022, based on the 14-day Relative Strength Index (RSI), which recently fell to 22.20. Typically, RSI readings below 30 signal oversold conditions—suggesting that Bitcoin may be undervalued relative to gold after heavy selling pressure.
However, technical analysts warn that an oversold RSI doesn’t automatically guarantee a rebound. For a sustainable bullish reversal, confirmation from other indicators—like rising trading volume, bullish divergence, or signs of downtrend exhaustion—is needed. Without these, Bitcoin’s weakness could persist, with sellers maintaining control in the BTC/Gold ratio.
Adding to bearish sentiment, the BTC/Gold chart has confirmed a “death cross,” where the 50-day simple moving average (SMA) falls below the 200-day SMA—a pattern historically viewed as a negative signal for price momentum. Bitcoin’s dollar pair (BTC/USD) mirrors this bearish outlook, trading below its 200-day SMA and approaching the lower edge of its expanding price channel near $99,500.
The 14-day RSI for BTC/USD has yet to enter oversold territory, while the MACD histogram continues to show deeper negative bars, both suggesting that the sell-off could continue. Momentum traders may add to downward pressure as prices stay below the 200-day SMA.
Despite the short-term weakness, Bitcoin’s 50-week SMA—around $101,700—remains a crucial long-term support. This moving average has historically acted as a foundation for bullish rallies, and a sustained hold above it could once again signal a potential turnaround for Bitcoin’s price trajectory.
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2025-10-17 12:351mo ago
2025-10-17 07:361mo ago
Bitcoin Price Prediction: Real Estate Mogul Grant Cardone Buys More BTC During the Crash – What Does He Know?
Gold has taken center stage in 2025. Spot prices recently climbed above $4,300 an ounce for the first time, marking a record high. Normally, in times of uncertainty, investors turn to the US dollar or treasuries. This year, it’s different. Gold is the safe-haven of choice, and people are taking notice.
The rally remains relentless. Since early 2024, gold has nearly doubled in value, leaving stocks, bonds, and even cryptocurrencies struggling to keep up.
But why? If you’ve been wondering the same thing, dive in.
Why Gold Is Surging So Much Gold has always been simple. It holds value and unlike industrial commodities, it doesn’t depend on factories or technology. It’s reliable, easy to trade, and a proven way to protect wealth.
Historically, gold has spiked during crises: $1,000 in 2008, $2,000 in 2020, and $3,000 after Trump’s tariff announcements. Today’s rally builds on these patterns but with added pressure from multiple fronts.
Investors are worried about government debt, fiscal stability, and the independence of the US Federal Reserve. Low interest rates and inflation fears make gold more attractive than cash or bonds.
Are People Losing Faith In the Dollar?The US dollar, long the default safe haven, is under pressure. In 2025, it has posted its biggest six-month drop in 50 years. Investors are taking their money out of fiat and turning to gold – a move experts call the “Debasement Trade.”
Political pressure on the Fed, tariffs, and global tensions are only adding fuel. That kind of uncertainty makes gold look even safer.
Also Read: ‘Rich Dad Poor Dad’ Author Warns of “End of US Dollar,” Crypto, Gold and Silver to Surge
China and Central Banks Leading DemandGeopolitics is reshaping gold markets. After Russia’s 2022 invasion of Ukraine, countries began diversifying reserves away from the dollar. Central banks now buy around 1,000 tons of gold per year, a huge reversal from previous decades.
China is at the center of this trend. The People’s Bank of China is reducing US treasury holdings and buying gold to support de-dollarization. With China as the world’s largest gold consumer and producer, its actions have global impact and provide steady support for prices.
ETFs and Retail InvestorsGold-backed ETFs are also driving the rally. By letting investors trade gold like a stock, ETFs have opened the market to retail and institutional buyers. September 2025 inflows were six times larger than expected, showing strong demand.
Silver and platinum are rising alongside gold, although their industrial uses give them slightly different market dynamics.
Bitcoin vs Gold: Still a Long RoadBitcoin has struggled to match gold’s momentum. Gold’s market cap now hits $30 trillion, while BTC would need a 1,500% rally to reach the same level. Year-to-date, gold is up ~65%, Bitcoin only 11%.
Peter Schiff, a noted Bitcoin skeptic, said, “It’s not just a de-dollarization trade but a de-bitcoinization trade. Bitcoin has failed the test as a viable alternative to the U.S. dollar or digital gold.”
It's not just a de-dollarization trade but a de-bitcoinization trade. Bitcoin has failed the test as a viable alternative to the U.S. dollar or digital gold. HODLers are in denial and their refusal to accept reality will cost them dearly.
— Peter Schiff (@PeterSchiff) October 16, 2025 Some remain bullish, like Mexican billionaire Ricardo Salinas, who says BTC could rally 14x to catch up with gold. But for now, gold dominates as the go-to safe haven.
What’s NextGold’s rally is unlikely to slow soon. Analysts at Goldman Sachs and Deutsche Bank expect it could reach $4,900 by year-end, driven by central bank purchases, ETF demand, and ongoing geopolitical uncertainty.
Any resolution of trade tensions or conflicts could ease the rally, but for now, gold is the safe haven that investors trust.
Bitcoin and other cryptocurrencies may rebound if institutional interest grows, but for the moment, the spotlight remains firmly on gold.
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