In the latest close session, Sunoco LP (SUN - Free Report) was up +1.13% at $50.82. This change outpaced the S&P 500's 0.16% loss on the day. Elsewhere, the Dow gained 0.44%, while the tech-heavy Nasdaq lost 0.76%.
The stock of master limited partnership has risen by 0.52% in the past month, leading the Oils-Energy sector's loss of 0.37% and undershooting the S&P 500's gain of 1.14%.
The investment community will be closely monitoring the performance of Sunoco LP in its forthcoming earnings report. The company is scheduled to release its earnings on November 5, 2025. On that day, Sunoco LP is projected to report earnings of $1.66 per share, which would represent year-over-year growth of 738.46%. Meanwhile, the latest consensus estimate predicts the revenue to be $5.58 billion, indicating a 2.94% decrease compared to the same quarter of the previous year.
Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of $5.54 per share and revenue of $21.97 billion. These totals would mark changes of -7.67% and -3.18%, respectively, from last year.
Investors should also take note of any recent adjustments to analyst estimates for Sunoco LP. These revisions typically reflect the latest short-term business trends, which can change frequently. Therefore, positive revisions in estimates convey analysts' confidence in the business performance and profit potential.
Based on our research, we believe these estimate revisions are directly related to near-term stock moves. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate remained stagnant. As of now, Sunoco LP holds a Zacks Rank of #3 (Hold).
From a valuation perspective, Sunoco LP is currently exchanging hands at a Forward P/E ratio of 9.07. This denotes a discount relative to the industry average Forward P/E of 17.15.
The Oil and Gas - Refining and Marketing - Master Limited Partnerships industry is part of the Oils-Energy sector. At present, this industry carries a Zacks Industry Rank of 99, placing it within the top 41% of over 250 industries.
The Zacks Industry Rank assesses the vigor of our specific industry groups by computing the average Zacks Rank of the individual stocks incorporated in the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
To follow SUN in the coming trading sessions, be sure to utilize Zacks.com.
2025-10-14 23:251mo ago
2025-10-14 19:161mo ago
Why the Market Dipped But Sweetgreen, Inc. (SG) Gained Today
Sweetgreen, Inc. (SG - Free Report) ended the recent trading session at $7.69, demonstrating a +2.4% change from the preceding day's closing price. This move outpaced the S&P 500's daily loss of 0.16%. Elsewhere, the Dow gained 0.44%, while the tech-heavy Nasdaq lost 0.76%.
Shares of the company have depreciated by 10.6% over the course of the past month, underperforming the Retail-Wholesale sector's loss of 4.08%, and the S&P 500's gain of 1.14%.
The investment community will be closely monitoring the performance of Sweetgreen, Inc. in its forthcoming earnings report. The company is scheduled to release its earnings on November 6, 2025. In that report, analysts expect Sweetgreen, Inc. to post earnings of -$0.16 per share. This would mark year-over-year growth of 11.11%. Alongside, our most recent consensus estimate is anticipating revenue of $183.26 million, indicating a 5.67% upward movement from the same quarter last year.
For the annual period, the Zacks Consensus Estimates anticipate earnings of -$0.71 per share and a revenue of $713.23 million, signifying shifts of +10.13% and +5.38%, respectively, from the last year.
Investors should also take note of any recent adjustments to analyst estimates for Sweetgreen, Inc. These recent revisions tend to reflect the evolving nature of short-term business trends. As such, positive estimate revisions reflect analyst optimism about the business and profitability.
Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.
The Zacks Rank system, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding an average annual return of +25% since 1988. Over the past month, there's been no change in the Zacks Consensus EPS estimate. Sweetgreen, Inc. presently features a Zacks Rank of #4 (Sell).
The Retail - Restaurants industry is part of the Retail-Wholesale sector. This industry currently has a Zacks Industry Rank of 208, which puts it in the bottom 16% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.
2025-10-14 23:251mo ago
2025-10-14 19:161mo ago
Humacyte, Inc. (HUMA) Advances While Market Declines: Some Information for Investors
Humacyte, Inc. (HUMA - Free Report) closed the most recent trading day at $1.79, moving +1.7% from the previous trading session. The stock's change was more than the S&P 500's daily loss of 0.16%. At the same time, the Dow added 0.44%, and the tech-heavy Nasdaq lost 0.76%.
Heading into today, shares of the company had gained 15.03% over the past month, outpacing the Medical sector's gain of 1.54% and the S&P 500's gain of 1.14%.
Investors will be eagerly watching for the performance of Humacyte, Inc. in its upcoming earnings disclosure. The company's upcoming EPS is projected at -$0.17, signifying a 48.48% increase compared to the same quarter of the previous year.
For the full year, the Zacks Consensus Estimates project earnings of -$0.35 per share and a revenue of $3.51 million, demonstrating changes of +66.67% and 0%, respectively, from the preceding year.
Additionally, investors should keep an eye on any recent revisions to analyst forecasts for Humacyte, Inc. Such recent modifications usually signify the changing landscape of near-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the business outlook.
Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Over the past month, the Zacks Consensus EPS estimate remained stagnant. As of now, Humacyte, Inc. holds a Zacks Rank of #3 (Hold).
The Medical - Biomedical and Genetics industry is part of the Medical sector. This group has a Zacks Industry Rank of 94, putting it in the top 39% of all 250+ industries.
The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Don't forget to use Zacks.com to keep track of all these stock-moving metrics, and others, in the upcoming trading sessions.
2025-10-14 23:251mo ago
2025-10-14 19:161mo ago
PPL (PPL) Advances While Market Declines: Some Information for Investors
PPL (PPL - Free Report) closed the most recent trading day at $37.86, moving +1.12% from the previous trading session. The stock's change was more than the S&P 500's daily loss of 0.16%. Elsewhere, the Dow saw an upswing of 0.44%, while the tech-heavy Nasdaq depreciated by 0.76%.
The stock of energy and utility holding company has risen by 4.09% in the past month, leading the Utilities sector's gain of 1.48% and the S&P 500's gain of 1.14%.
Market participants will be closely following the financial results of PPL in its upcoming release. The company's earnings per share (EPS) are projected to be $0.45, reflecting a 7.14% increase from the same quarter last year. In the meantime, our current consensus estimate forecasts the revenue to be $2.19 billion, indicating a 5.99% growth compared to the corresponding quarter of the prior year.
PPL's full-year Zacks Consensus Estimates are calling for earnings of $1.86 per share and revenue of $8.67 billion. These results would represent year-over-year changes of +10.06% and +2.43%, respectively.
It is also important to note the recent changes to analyst estimates for PPL. These revisions typically reflect the latest short-term business trends, which can change frequently. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook.
Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable rating system.
The Zacks Rank system, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has moved 2.26% higher. Right now, PPL possesses a Zacks Rank of #3 (Hold).
In terms of valuation, PPL is presently being traded at a Forward P/E ratio of 20.17. This represents a premium compared to its industry average Forward P/E of 19.12.
It is also worth noting that PPL currently has a PEG ratio of 2.75. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings growth rate. PPL's industry had an average PEG ratio of 2.85 as of yesterday's close.
The Utility - Electric Power industry is part of the Utilities sector. This industry, currently bearing a Zacks Industry Rank of 61, finds itself in the top 25% echelons of all 250+ industries.
The Zacks Industry Rank assesses the vigor of our specific industry groups by computing the average Zacks Rank of the individual stocks incorporated in the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
To follow PPL in the coming trading sessions, be sure to utilize Zacks.com.
2025-10-14 23:251mo ago
2025-10-14 19:211mo ago
ROSEN, RECOGNIZED INVESTOR COUNSEL, Encourages WPP plc Investors to Secure Deadline Before Important Deadline in Securities Class Action - WPP
WHY: Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of purchasers of American Depositary Shares (“ADS” or “ADSs”) of WPP plc (NYSE: WPP) between February 27, 2025 and July 8, 2025, both dates inclusive (the “Class Period”). A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than December 8, 2025.
SO WHAT: If you purchased WPP plc ADSs during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.
WHAT TO DO NEXT: To join the WPP plc class action, go to https://rosenlegal.com/submit-form/?case_id=46121 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than December 8, 2025. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.
WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm achieved the largest ever securities class action settlement against a Chinese Company at the time. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.
DETAILS OF THE CASE: According to the complaint, defendants provided overwhelmingly positive statements to investors while, at the same time, disseminating materially false and misleading statements and/or concealing material adverse facts concerning the true state of WPP’s media arm; notably, that it was not truly equipped to handle the ongoing macroeconomic challenges while competing effectively and had instead begun to lose significant market share to its competitors. When the true details entered the market, the lawsuit claims that investors suffered damages.
To join the WPP plc class action, go to https://rosenlegal.com/submit-form/?case_id=46121 call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action.
No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.
Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.
Attorney Advertising. Prior results do not guarantee a similar outcome.
-------------------------------
Contact Information:
Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827 [email protected]
www.rosenlegal.com
2025-10-14 22:251mo ago
2025-10-14 17:281mo ago
Bitcoin Price Settles at $113,000 a Week After Hitting All-Time Highs
Bitcoin price is holding near $113,000 today, about a week after reaching a new all-time high above $126,000, as the market stabilizes from one of its most violent corrections in years.
The bitcoin price to record levels last week was fueled by renewed institutional demand, falling real yields, and growing adoption of the “debasement trade” — investors seeking protection against monetary expansion.
The recovery comes after a bruising weekend that saw over $19 billion in leveraged positions wiped out and more than 1.6 million traders forced to liquidate positions as cascading margin calls swept across exchanges.
Bitcoin slipped from 24-hour highs near $116,000 to around $110,000 overnight, as large on-chain movements from both the U.S. government and BlackRock fueled speculation about potential institutional repositioning.
At the time of writing, bitcoin is trading at $113,055.
According to blockchain analytics, the U.S. government transferred 667.6 BTC earlier today — worth roughly $74.8 million — to a new wallet early Tuesday morning.
Also earlier today, the U.S. government announced a seizure of 127,271 BTC, worth roughly $14 billion, from Chinese émigré Chen Zhi and his Cambodia-based Prince Group criminal network. The accused ran a global “pig butchering” crypto scam and laundered billions through shell companies, real estate, and mining operations.
Chen faces charges of wire fraud and money laundering, while U.S. and U.K. authorities imposed coordinated sanctions on 146 entities and individuals linked to the operation.
Bitcoin’s recent turbulence
The turbulence follows last week’s massive deleveraging event, the largest in crypto history. Analysts noted that the $19 billion in liquidations reflected “a clearing of speculative excess” rather than broad-based selling. Funding rates swung sharply negative — the most bearish since late 2023 — suggesting an overextension of leveraged bets.
On-chain data supports that interpretation. Long-term holders have remained steady, while metrics such as Coin Days Destroyed and Spent Output Profit Ratio show that most selling came from new entrants capitulating at a loss.
Despite the volatility, bitcoin’s fundamentals remain strong. Hash rate, transaction throughput, and active addresses all continue to trend upward, underscoring resilient network health.
Adding to the pressure, renewed U.S.–China trade tensions have weighed on risk assets. Beijing’s restrictions on rare-earth exports prompted President Donald Trump to threaten a 100% tariff on Chinese goods, driving stocks — and bitcoin — lower.
Micah Zimmerman
Micah first discovered Bitcoin in 2018 but remained a skeptic on the sidelines for too long. Since 2021, he has covered crypto and business and now works as a junior news reporter for Bitcoin Magazine, based in North Carolina.
2025-10-14 22:251mo ago
2025-10-14 17:351mo ago
Token statt Aktien: Wie BlackRock die Geldanlage für alle öffnen will
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure
BlackRock entwickelt Technologie, um Geldanlagen digital abzubilden.
CEO Larry Fink will damit Investieren günstiger und fairer machen.
Tokenisierung könnte die Finanzwelt dauerhaft verändern und vielen neue Chancen bieten.
BlackRock, der größte Vermögensverwalter der Welt, möchte die Finanzwelt umkrempeln. Das Unternehmen arbeitet daran, klassische Geldanlagen wie Aktienfonds oder Immobilien in digitale Form zu bringen – sogenannte Token. Was kompliziert klingt, könnte das Investieren einfacher, günstiger und zugänglicher machen als je zuvor.
BlackRock plant den großen Sprung in die digitale Finanzwelt
Der weltgrößte Vermögensverwalter BlackRock will traditionelle Anlagen wie Fonds oder Immobilien digital abbilden. Das erklärte CEO Larry Fink während der Präsentation der Quartalsergebnisse. Das Unternehmen arbeitet an einer eigenen Technologie, die sogenannte Tokenisierung ermöglichen soll. Dabei wird ein Vermögenswert – etwa ein Fonds – in digitale Einheiten umgewandelt, die auf einer Blockchain gespeichert sind.
🚨BlackRock CEO Larry Fink says “Everything will be tokenized!” 🌐💥#XRP #XRPCommunity pic.twitter.com/FYOVRI7o7P
— BULLRUNNERS (@BullrunnersHQ) October 14, 2025
Fink sieht darin eine große Chance. Durch Token könnten Anleger einfacher, schneller und mit weniger Gebühren investieren. Besonders bei klassischen Fonds, sogenannten ETFs (Exchange Traded Funds), könnte das laut ihm die Zugänglichkeit für alle erhöhen. Mit über 13 Billionen US-Dollar an verwaltetem Vermögen hat BlackRock die Mittel, diese Entwicklung maßgeblich voranzutreiben.
Was Tokenisierung überhaupt bedeutet
Tokenisierung heißt, dass reale Werte – zum Beispiel Aktien, Immobilien oder Anleihen – als digitale Token auf einer Blockchain dargestellt werden. Diese Token stehen symbolisch für das echte Eigentum. So können Werte leichter übertragen und verwaltet werden, ohne dass viele Zwischenhändler nötig sind.
Laut Larry Fink ist genau das der Vorteil: Wenn weniger Vermittler beteiligt sind, sinken die Gebühren. Dadurch könnten etwa Immobilienkäufe günstiger werden. Außerdem ließe sich Eigentum einfacher teilen – ein Haus könnte dann theoretisch von vielen Personen gemeinsam digital besessen werden, ohne komplizierte Verträge.
BlackRock arbeitet mit großen Finanzplattformen zusammen
Damit die Tokenisierung funktioniert, muss sie mit bestehenden Finanzsystemen verbunden werden. BlackRock führt deshalb Gespräche mit führenden Anbietern digitaler Finanzlösungen. Ziel ist, dass Anleger ihre digitalen Anteile sicher in sogenannten Wallets (digitalen Geldbörsen) halten können.
Fink gilt schon seit Jahren als einer der größten Befürworter dieser Technologie. Bereits 2022 sagte er, dass die Zukunft der Finanzmärkte in der Tokenisierung liegt. Jetzt scheint es ernst zu werden – und BlackRock will nicht warten, bis andere den Schritt gehen.
Les hier, wieso einige Experten bei BTC noch dieses Jahr eine Rally bis 250k sehen.
Neue Möglichkeiten für Anleger – besonders für junge Menschen
BlackRock testet den Wandel bereits praktisch. Der firmeneigene BUIDL-Fonds (USD Institutional Digital Liquidity Fund) ist einer der größten digitalisierten Fonds weltweit, mit einem Volumen von fast drei Milliarden US-Dollar. Er wird gemeinsam mit dem Blockchain-Unternehmen Securitize betrieben, an dem BlackRock selbst beteiligt ist.
Fink betonte, dass vor allem junge Menschen schon heute mit digitalen Vermögenswerten umgehen. Tokenisierte Fonds könnten ihnen helfen, frühzeitig für die Zukunft und den Ruhestand vorzusorgen. Für viele könnte das der Einstieg in eine neue Form der Geldanlage sein – einfach, transparent und ohne hohe Einstiegshürden.
BlackRock will die Regeln der Finanzwelt neu schreiben
Neben der Tokenisierung ist BlackRock schon heute ein Schwergewicht im Bereich digitaler Investments. Die Firma bietet die größten börsengehandelten Fonds (ETFs) für Bitcoin und Ethereum an – zusammen verwalten sie über 110 Milliarden US-Dollar. Diese Erfahrung mit digitalen Vermögenswerten gibt BlackRock einen Vorsprung gegenüber klassischen Banken.
Hier kommst du zu unserer detaillierten Prognose für Bitcoin.
Laut Fink steckt das Unternehmen aktuell viel Zeit und Geld in die Entwicklung eigener Technologien. Er kündigte an, dass es in den kommenden Jahren „spannende Ankündigungen“ geben werde. Sein Ziel sei klar: BlackRock wolle eine führende Rolle in einer neuen, vollständig digitalisierten Finanzwelt einnehmen – und so den Zugang zu Investitionen für alle öffnen.
Vollständig digitalisiert wird zukünftig auch das Mining von Kryptowährung ablaufen, und zwar bei PepeNode! So gehts direkt in die Zukunft. Was BlackRock für Banken und Institutionen macht, können Investoren bei PepeNode in ähnlicher Weise ebenfalls umsetzen.
PepeNode: Wo Spaß, Strategie und Memes aufeinandertreffen
PepeNode ist kein gewöhnlicher Coin – hier wird Mining zum Spiel. Statt einfach nur zu kaufen und zu warten, können Nutzer eigene virtuelle Serverräume aufbauen, Nodes sammeln und ihr Setup verbessern. So entsteht ein Mix aus Game, Strategie und Krypto, der nicht nur spannend ist, sondern auch echtes Potenzial bietet – ganz ohne teure Hardware oder komplizierte Technik.
Hier kommst du zu einer langfristigen Prognose zu PepeNode!
Pepenode Presale
Spiel mit, aber bleib schlau
PepeNode macht Krypto unterhaltsam: Wer mitmacht, kann durch clevere Kombinationen und etwas Glück mehr $PEPENODE verdienen und auf den Leaderboards aufsteigen. Doch klar ist auch – es bleibt ein Memecoin. Das heißt: Spaß ja, aber bitte mit Köpfchen. Wer das Risiko versteht, hat hier die Chance, Teil eines verrückten, aber lohnenden Krypto-Experiments zu werden.
Jetzt rechtzeitig einsteigen und PEPENODE im Presale kaufen.
Hinweis: Investieren ist spekulativ. Bei der Anlage ist Ihr Kapital in Gefahr. Diese Website ist nicht für die Verwendung in Rechtsordnungen vorgesehen, in denen der beschriebene Handel oder die beschriebenen Investitionen verboten sind, und sollte nur von Personen und auf gesetzlich zulässige Weise verwendet werden. Ihre Investition ist in Ihrem Land oder Wohnsitzstaat möglicherweise nicht für den Anlegerschutz geeignet. Führen Sie daher Ihre eigene Due Diligence durch. Diese Website steht Ihnen kostenlos zur Verfügung, wir erhalten jedoch möglicherweise Provisionen von den Unternehmen, die wir auf dieser Website anbieten.
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.
Grayscale Investments is moving forward with its plans to bring XRP closer to mainstream financial markets through an updated ETF filing. The company submitted Amendment No.
2025-10-14 22:251mo ago
2025-10-14 17:381mo ago
Bitcoin Reasserts Dominance Over Ethereum as Trump Trade Spat Escalates
In brief
Bitcoin gained against Ethereum as Trump’s latest tariff threat weighed on markets.
Despite recently losing ground, Ethereum is still outperforming Bitcoin this year.
Some analysts foresee an altcoin rally, while others are doubtful.
Ethereum surged against Bitcoin on its way toward a peak of nearly $5,000 this summer, but the reigning cryptocurrency reasserted itself this weekend, as a tit-for-tat between the U.S. and China over tariffs and trade sent economic concerns flaring for a second time this year.
Although the price of both assets fell in U.S. dollar terms, Bitcoin’s value increased relative to Ethereum, to the point that a single Bitcoin was worth nearly 30 Ethereum on Friday, according to Yahoo Finance. On Tuesday, a single Bitcoin had weakened to around 27.7 Ethereum.
As China sanctioned U.S. components of a South Korean shipping company, and U.S. Treasury Scott Bessent suggested the economy of America’s largest trading partner was “weak,” it appeared that President Donald Trump’s tariff threat on Friday could prompt another standoff ahead.
Pedro Lapenta, head of research at crypto asset manager Hashdex, told Decrypt that Ethereum’s recent underperformance against Bitcoin “reflects shifting macro narratives more than fundamentals.” That includes a so-called debasement trade, which is also benefiting Bitcoin more, as investors seek shelter from potential currency devaluation.
“Bitcoin naturally captures that hedge demand first,” he said. “But the structural story for Ethereum remains strong, anchored in the rise of regulated stablecoins, tokenization, and institutional adoption of on-chain finance.”
At its weakest this year, a single Bitcoin was worth 23.7 Ethereum, which coincided with the smaller asset’s climb to a new all-time high of $4,956 in August, according to CoinGecko.
Throughout most of April, however, a single Bitcoin was worth at least 50 ETH, reflecting one of its strongest periods against the smaller asset this year, while the Trump administration managed expectations around “reciprocal” tariffs.
At the time, Bitcoin was the only digital asset that appeared to benefit from perceived shifts in the global geopolitical order or risk, with some analysts comparing its performance to gold.
Between the Federal Reserve’s calculus on interest rate cuts and an ongoing government shutdown, the Trump administration’s trade moves are just one factor shaping markets. But there are also developments specific to the crypto industry that one should consider, according to Juan Leon, senior investment strategist at Bitwise.
He said Ethereum’s recent run stems from investor excitement toward the emergence of Ethereum treasury firms and the passage of stablecoin legislation. Along with a supportive regulatory environment, he said the setup “holds promise for an altcoin rally” into next year.
Bitcoin has outperformed Ethereum for several years, but the smaller asset’s price has increased relatively more this year, despite losing most ground gained against Bitcoin in recent weeks.
In market cycles past, Bitcoin’s peak has been followed by a sustained period of strength for cryptocurrencies like Ethereum, often called an “altcoin season.”
TD Cowen analyst Lance Vitanza told Decrypt that he’s “never been a believer in this or any ‘altcoin season,’” arguing that only a handful of tokens are likely to survive as legitimate tech.
That said, he believes Ethereum “represents real technology” and is likely to play a meaningful role in decentralized finance, such as the potential tokenization of trillions of dollars in assets. As a result, he said Ethereum “could appreciate meaningfully over time.”
Vitanza said that Ethereum will always be more volatile than Bitcoin, and there may be some months where the smaller asset performs better. But Vitanza said “would be surprised if the outperformance, if any, were to persist” more than a few months.
Daily Debrief NewsletterStart every day with the top news stories right now, plus original features, a podcast, videos and more.
2025-10-14 22:251mo ago
2025-10-14 17:401mo ago
VanEck Updates Solana ETF Filing: Here Are the Details
Solmate has completed a discounted acquisition of SOL to power UAE operations, the Solana Foundation has gained board nomination rights, and Ark Invest has disclosed an 11.5% stake as institutional exposure has expanded.
2025-10-14 22:251mo ago
2025-10-14 17:471mo ago
Fed Chair Jerome Powell Signals End of Its QT; Bitcoin Price Rebounds
Amid the ongoing shutdown of the United States government, which has resulted in a lack of key economic data, the Federal Reserve has been a key source of market outlook. On Tuesday, the Fed chair Jerome Powell, during the National Association for Business Economics Annual meeting in Philadelphia, noted that Quantitative Easing (QE) is set to begin in the coming months.
“We may be approaching the end of our balance sheet contraction in the coming months,” Powell noted.
According to Powell, the market outlook has not changed much since the Fed’s September meeting, thus signaling more rate cuts ahead. However, Powell warned that persistent tariffs have pushed up prices amid a struggling labor market.
Bitcoin Price Rebounds Amid Market Uncertainty After a historic deleveraging event last week, which wiped out around $20 billion, the Bitcoin (BTC) price has led the wider crypto market in a mild rebound. According to market aggregate data from TradingView, Bitcoin price gained as much as 3% after the announcement of QT ending by Fed Chair Powell.
The flagship coin has found a robust support level around $110k, having retested it three times in the four-hour time frame, coupled with a bullish divergence of the Relative Strength Index (RSI).
Top Reasons Bulls Will Gain ControlThe macro outlook for Bitcoin remains bullish despite the midterm choppy market. According to on-chain data analysis from CryptoQuant, Bitcoin whales have been aggressively accumulating in the recent past to record highs.
Capital rotation from gold to Bitcoin is expected to escalate as the former hovers in overbought levels in the higher timeframes. The upcoming Fed’s QE and rate cuts will further enhance Bitcoin’s macro bullish outlook.
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.
2025-10-14 22:251mo ago
2025-10-14 17:511mo ago
When the State Moves Coins: Why Bitcoin's Biggest ETF Is Soaring While Governments Quietly Reshuffle
Bitcoin supply has tightened as spot ETFs have absorbed coins into long-term custody, with IBIT holding 800,000+ BTC and exchange balances having fallen by 90,000 BTC. U.S. government wallets have shifted 667 BTC and hold over 200,000 BTC, shaping liquidity and volatility.
2025-10-14 22:251mo ago
2025-10-14 17:581mo ago
U.S. Targets $12B in Bitcoin From Global “Pig Butchering” Scam
DOJ seeks to seize 127,271 BTC worth about $12B in one of the largest crypto forfeiture cases ever.
The Bitcoin is linked to a transnational “Pig Butchering” fraud scheme led by Chinese national Chen Zhi.
The case, filed in the Eastern District of New York, could boost U.S. government Bitcoin holdings sharply.
Blockchain tracing tied hundreds of wallets to victims of fake crypto investment platforms and romance scams.
The U.S. government is stepping up its crackdown on large-scale crypto fraud.
The Department of Justice (DOJ) has launched a civil forfeiture case to seize 127,271 Bitcoin valued at around $12 billion. The assets are allegedly tied to an international “Pig Butchering” operation led by Chinese national Chen Zhi.
Officials say it’s one of the largest digital asset seizures ever initiated by the U.S. government. The case, filed in the Eastern District of New York, signals intensifying global pressure on crypto-linked fraud networks.
The DOJ’s $12B Bitcoin Forfeiture Case
According to documents shared in the “SYNOPTIC” filing, the DOJ aims to recover Bitcoin traced to wallets used in the long-running scam.
The assets were reportedly linked through blockchain analysis and exchange records. Sources said the funds were laundered through multiple wallets and exchanges to obscure their origin before U.S. investigators froze them.
Crypto analyst @martypartymusic highlighted the development on X, noting that the forfeiture, if successful, would add 127,271 BTC to U.S. government holdings. At current prices, that would bring federal Bitcoin reserves close to record levels, surpassing many corporate treasuries.
Law enforcement officials described the scam as part of a transnational network exploiting U.S. residents through social engineering and fake investment platforms. The case adds to a series of DOJ actions targeting digital asset crimes over the past two years.
The Justice Department said the forfeiture process will move forward in coordination with international partners to ensure that all linked assets are secured. Authorities are expected to pursue further investigations into the individuals and entities behind the operation.
Breaking: U.S. Government Targets Massive $12 Billion #Bitcoin Forfeiture in Transnational Synoptic "Pig Butchering" Scam – would add 127271 $BTC to US holdings.
In a stunning escalation of efforts to dismantle international cryptocurrency fraud networks, the U.S. Department of…
— MartyParty (@martypartymusic) October 14, 2025
What the “Pig Butchering” Crypto Scam Looks Like
“Pig Butchering,” or Sha Zhu Pan, refers to scams where fraudsters groom victims online for weeks or months.
Scammers pose as romantic partners or business contacts, slowly building trust before introducing fake crypto investment opportunities. Victims are “fattened up” through false returns, then left with empty wallets once they commit larger sums.
The scheme has surged across Asia and the U.S., using messaging apps and social media to find targets.
Analysts say billions have been lost to such scams, many of which route funds through unregulated offshore exchanges. Blockchain tracking firms estimate losses from these schemes have exceeded $75 billion worldwide.
In this case, investigators said the seized Bitcoin originated from hundreds of wallets used to collect victims’ deposits. By tracing the funds through multiple chains and exchanges, they identified the source as part of Chen Zhi’s network.
Federal agents then filed to seize the related digital assets before they could be liquidated or moved further.
The DOJ has yet to confirm when the forfeiture hearing will take place, but analysts say the case could reshape how authorities pursue cross-border crypto crime. It also raises questions about how the U.S. will handle the potential addition of $12 billion in Bitcoin to its reserves.
2025-10-14 22:251mo ago
2025-10-14 18:001mo ago
Pi Coin Outperforms in Red Market— How Will Price React Next?
Pi Coin’s money inflow is rising, but RSI-led momentum is weakening, creating a conflicting setup.The falling wedge pattern suggests a possible reversal if PI breaks above $0.29.A drop below $0.15 could invalidate the bullish setup and extend the correction.Pi Coin has held stronger than most major cryptocurrencies as the crypto market corrected by over 3% today. While Bitcoin, Ethereum, and BNB dropped between 3% and 12%, the Pi Coin price slipped only 1.5% in the past 24 hours — showing rare resilience. Yet traders are now facing a puzzle: two opposing chart signals that could determine whether the next move brings recovery or another leg down.
For now, Pi Coin’s structure is caught between cautious optimism and fading strength.
Sponsored
Sponsored
Two Signals, One Uncertain OutcomePi Coin’s chart presents an interesting clash between buying strength and momentum weakness — two signals that usually guide short-term price direction.
The Money Flow Index (MFI), which tracks money flowing in and out of the asset, has been climbing even as the Pi Coin price made a lower low between August 1 and October 9. This is typically seen as a bullish divergence, suggesting that while prices fell, fresh buying quietly entered the market. It reflects growing retail interest — the kind of slow accumulation that often forms the base for a rebound.
Pi Coin Showing Money Flow: TradingViewWant more token insights like this? Sign up for Editor Harsh Notariya’s Daily Crypto Newsletter here.
However, between October 6 and October 13, PI’s Relative Strength Index (RSI) — a measure of market momentum — painted a hidden bearish divergence. Prices made a lower high while RSI made a higher high, indicating that buying momentum is fading even as short-term recovery attempts occur.
Pi Coin RSI Showing Bearishness: TradingViewSponsored
Sponsored
Rather than contradicting each other completely, these two readings could be showing different stages of the same process: MFI points to early accumulation, while RSI warns that recovery may face resistance before stronger confirmation. For traders, that means the setup still leans neutral — with a slight tilt toward caution until the next breakout or breakdown confirms direction.
More on this in the next section, where we discuss the Pi Coin price action.
Pi Coin Price Setup Reveals A Falling WedgeFrom a structural perspective, the Pi Coin price trades inside a falling wedge — a pattern that often hints at a possible bullish reversal on a daily chart.
To confirm strength, a daily Pi Coin price candle must move above $0.29, which would indicate a breakout from the wedge and likely attract new buying volume.
Pi Coin Price Analysis: TradingViewHowever, if we just look at the near-term history, a rebound similar to September 22, when PI jumped 57% from $0.18 to $0.29, could repeat. This implies short-term targets around $0.24–$0.25, with an extended move toward $0.29 possible if momentum picks up. And breaking $0.29 cleanly would mean bullish strength for the Pi Coin price.
At the time of writing, Pi Coin (PI) trades near $0.21, with strong support around $0.18 and $0.15. A clean daily close below $0.15 would break the wedge to the downside, invalidating the bullish setup.
For now, PI remains one of the few coins outperforming the market but still walking a fine line. Whether the MFI-led accumulation wins or RSI-led weakness extends the pullback, the falling wedge will be the final judge of where the Pi Coin price goes next.
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.
2025-10-14 22:251mo ago
2025-10-14 18:001mo ago
BNB Faces Sharp 10% Pullback After Record High: Is There a Deeper Correction Ahead?
After a blistering run to fresh all-time highs, Binance Coin (BNB) has seen a significant drop. Following a push to roughly $1,370–$1,376, BNB slid about 10% in the past 24 hours, making it one of the biggest decliners on the day as traders reassess risk and profits come off the table.
The retreat follows a dramatic weekend across crypto, but also arrives after a string of BNB-specific catalysts that pushed the token into price discovery.
BNB's price trends to the downside on the daily chart. Source: BNBUSD on Tradingview
What Drove The BNB Price Surge, And The Snapback
BNB ripped to record levels as the market rebounded from the largest liquidation event on record (nearly $19B wiped in 24 hours), with BNB Chain on-chain activity surging to record transaction counts and top-ranked DEX volumes.
Binance also earmarked about $283 million to compensate users impacted by volatile conditions and platform slowdowns, a move that helped restore confidence and funneled fresh attention and fees back into the ecosystem.
As spot and derivatives momentum stretched, however, signs of uptrend exhaustion emerged near the highs. That left BNB vulnerable to a fast mean-reversion as leveraged longs de-risked and short-term players took profits.
Key Levels to Watch After The 10% Drop
Technically, BNB remains in a broader uptrend but is testing support zones that will decide whether this is a routine pullback or the start of a deeper correction:
$1,190–$1,170: First support and a common profit-taking area. Losing it cleanly risks a sharper leg lower.
$1,150: Major level; a breakdown here would signal momentum fatigue and invite a move toward the rising trendline.
$1,000 (trendline / 50-day SMA): High-confluence support. A defense here would keep the higher-low structure intact; a daily close below raises odds of a deeper reset toward $960–$820.
On the upside, $1,320 is the first hurdle. A decisive reclaim and close back above $1,375 would put $1,450–$1,550 back on the table as liquidity returns and momentum re-ignites.
Final Outlook: Consolidation First, Then Direction
BNB’s fundamentals remain constructive, from record network operations and deepening DeFi liquidity to active burn mechanics and ecosystem funds targeting builders. That said, the near term favors consolidation while the market absorbs the recent vertical move and macro headlines settle.
If bulls can hold $1,180 and especially $1,150, the structure supports a base-building phase into another attempt at the highs. Conversely, a sustained break below $1,150 would argue for a deeper correction into the $1,000 area before buyers meaningfully step back in.
Cover image from ChatGPT, BNBUSD chart from Tradingview
2025-10-14 22:251mo ago
2025-10-14 18:011mo ago
U.S. Treasury Targets $12 Billion in Bitcoin Amid Crackdown on Global Cryptocurrency Scams
In a landmark financial enforcement move, the U.S. Department of the Treasury has initiated significant sanctions and asset forfeitures aimed at transnational criminal syndicates. Central to this effort is the attempt to seize 127,271 bitcoins, currently estimated to be worth approximately $12 billion.
2025-10-14 22:251mo ago
2025-10-14 18:021mo ago
Elon Musk Calls Bitcoin ‘Energy Money,' Says It's Impossible to Fake Unlike Fiat – New ATH Coming?
Elon Musk has framed Bitcoin as “energy money” tied to proof-of-work, contrasting it with fiat issuance as AI infrastructure power demand has increased. The stance follows market swings after the October liquidation.
2025-10-14 22:251mo ago
2025-10-14 18:031mo ago
Shibarium Brings Back Plasma Bridge for BONE After Security Upgrade
Shibarium has reactivated its Plasma Bridge for BONE with enhanced security measures.
The new blacklisting functionality will block suspicious addresses at the bridge layer.
Shibarium has added a 7-day withdrawal delay for all BONE transactions to prevent fraud.
The security improvements follow a flash loan attack in September 2025, which resulted in a $4.1 million loss.
Shiba Inu developers quickly responded to the attack and successfully reestablished the Plasma Bridge with added protections.
Shibarium has reactivated its Plasma Bridge for BONE following a recent security breach. This follows a flash loan attack in September 2025, which resulted in a $4.1 million theft. The Shiba Inu team has worked to enhance the platform’s security features, ensuring a safer experience for users.
Shibarium Brings Enhanced Security with Blacklisting Functionality
Shibarium’s Plasma Bridge now features blacklisting functionality, designed to enhance security. This new feature allows Shiba Inu to block suspicious addresses at the bridge layer.
“We are pleased to share that the Plasma Bridge is back online for BONE,” the team stated in a blog post.
The new system offers an additional layer of fraud protection by flagging and blocking addresses that appear suspicious. With this proactive approach, Shiba Inu aims to prevent future attacks targeting the ecosystem. The team is committed to creating a safer environment for BONE transactions across the network.
BONE Token Withdrawals Now Have 7-Day Delay for Extra Protection
Along with blacklisting, Shibarium has implemented a 7-day withdrawal delay for all BONE transactions. This delay gives security teams time to monitor and address any suspicious activities. The Shiba Inu team explained that the added delay will not affect user access but will provide an extra layer of protection against fraud.
The withdrawal delay reinforces Shibarium’s fraud-resistance measures, allowing the team to detect any anomalies. Security teams will use this buffer to investigate potential threats and prevent future losses.
“Plasma’s strength is fraud-resistance. The delay reinforces that property and provides a practical response window if anomalies are detected,” the Shib team added.
Shiba Inu’s response to the September hack has been swift, with the platform quickly recovering from the attack. After freezing the system, the team successfully reestablished the Plasma Bridge with enhanced security. As a result, Shibarium users can now securely bridge BONE tokens between Ethereum and Shibarium.
2025-10-14 22:251mo ago
2025-10-14 18:051mo ago
Anchorage Digital Bank Onshores USDtb, America's First Federally Regulated Stablecoin
Anchorage Digital Bank, the only federally chartered digital asset bank, has officially onshored Ethena Labs' USDtb, marking the debut of America's first federally regulated stablecoin and setting a new precedent for digital dollar compliance and transparency. Anchorage Digital Brings Ethena Labs' USDtb to U.S.
2025-10-14 22:251mo ago
2025-10-14 18:111mo ago
Monad Co-Founder's Urgent Warning: Scammers Infiltrate Official Telegram With Fake Airdrop Ads
Telegram ad spoofing in the official Monad channel has prompted a warning; the team has confirmed the legitimate airdrop portal, scheduled a defined claim window, and has noted broader phishing activity affecting token launches across social platforms.
2025-10-14 22:251mo ago
2025-10-14 18:121mo ago
Elon Musk Declares Bitcoin “Real Currency” Based on Energy While Calling Fiat Money “Fake”
Elon Musk, an occasional advocate of Bitcoin and cryptocurrencies in general, has suggested that Bitcoin is a real currency because it is based on energy. In contrast, fiat currencies are fake because governments throughout history have issued them without any real backing. Musk is known to have contempt for fiat currencies, as he has repeatedly tweeted about their problems.
Musk Joins in Debate Around Fiat Currencies
Musk was replying to an earlier original tweet by zerohedge, a news commentator specializing in the economy. Zerohedge tweeted:
Are Fiat Currencies Fake?
The history of fiat currencies is millennia old. Still, the modern version of these national notes began in 1971 when the US government, under President Richard Nixon, ended the gold standard for the US Dollar, causing a momentous shift in global economics. Previously, all national currencies had to be backed by Gold.
With the Gold standard removed, many economists feared that governments around the world might go on a money-printing spree at some point in the future, potentially landing the economy and the average consumer in trouble due to rampant inflation.
Here is the USD’s purchasing power for the last 70 years:
Advertisement
Here is the USD/Gold graph during this time:
Both of these crucial graphs show that the USD’s purchasing power has dropped sharply since 1955, while Gold has risen exponentially against the greenback, particularly after the end of the gold standard in 1971. The main reason why the US reserve currency has suffered a lot over the past 5 decades, in particular, is that the central bank, also known as the Federal Reserve, can theoretically print as much money as it likes. The activity has particularly witnessed sharp spikes around the time the US entered major military escalations.
Instead of raising taxes or controlling spending, the US and other countries around the world have resorted to manipulating the value of their national currencies. The greenback in particular gets more coverage because it is the world’s reserve currency, and all the other fiats are tied to it.
The manipulation of this fiat currency system is one of the main catalysts behind the growth of the Bitcoin revolution. It is an “energy currency,” as Elon Musk puts it, and it is impossible to fake energy because of the Proof of Work (PoW) mechanism.
Fiat currencies led by the USD are expected to continue to spiral downwards because of unsustainable government behavior. Users may look elsewhere to hedge against the menace of inflation, which is likely to rise over time.
2025-10-14 22:251mo ago
2025-10-14 18:211mo ago
Market Pundit Sees Ripple's XRP Following Amazon's Decade-Long Consolidation Path to $27 Price Target
Analyst ChartNerd has compared XRP’s multi-year consolidation to Amazon’s early stock behavior and placed a target of $27 on the crypto.
He argues that XRP’s price structure since its 2018 peak mirrors Amazon’s decade-long sideways trading from 1999 to 2009.
ChartNerd noted that long consolidation phases often precede powerful market moves. He pointed out that Amazon’s years of stagnant trading eventually gave way to one of the most remarkable growth stories in modern finance.
In his view, XRP could be setting up for a similar trajectory if it maintains its current structure and investor confidence returns.
He added that the market tends to reward assets that demonstrate resilience through extended periods of uncertainty.
Advertisement
According to him, XRP’s ability to hold its range despite regulatory headwinds and shifting sentiment signals underlying strength rather than exhaustion.
Why $27 XRP Projection Makes Sense
The analyst stressed that the $27 target is not guesswork. He noted that it stems from patterns seen many times before in market history.
According to him, price cycles tend to repeat when the same technical signals appear. He pointed out that Amazon’s explosive breakout years ago came only after a long stretch of calm trading and steady accumulation — a setup he believes XRP is now mirroring.
At around $2.80, XRP would need to rise nearly tenfold to reach $27. ChartNerd said such a jump, while bold, fits the historical pattern of how major cryptocurrencies behave once they break through long-term resistance levels.
He isn’t alone in that outlook. Market analyst EGRAG recently restated a similar forecast, also calling for a $27 target.
Using long-term Fibonacci extensions and linear regression models, EGRAG suggested that XRP could hit that level before the year’s end if bullish momentum returns.
Both analysts agreed that XRP’s current sideways movement is not a sign of weakness. Instead, they see it as a healthy consolidation phase — the kind of quiet buildup that often precedes a major rally once confidence comes back to the market.
2025-10-14 22:251mo ago
2025-10-14 18:241mo ago
VanEck Updates Solana Staking ETF Filing with 0.30% Fee as Market Eyes Key $185 Support
ETH price struggles below $4,000 as institutional investors exit, with ETFs logging $428.52 million in single-day outflows. BlackRock’s ETHA led redemptions with $310.13 million, marking the largest fund withdrawal since August and signaling fading confidence. Trading below its Super Trend at $4,561, ETH risks a drop to $3,626 unless fresh demand lifts it back toward the $4,211 resistance.Ethereum’s market sentiment continues to struggle following last Friday’s market crash, despite gradual signs of broader market improvement.
As institutional investors reduce participation, spot market participants have also trimmed their holdings. This could result in continued consolidation or a definitive breakdown of the critical $4,000 resistance level around which the coin currently trades.
Sponsored
Sponsored
Ethereum Market Hits Pause Amid Record ETF RedemptionsETH-backed exchange-traded funds (ETFs) have recorded significant outflows since last Friday’s market-wide liquidation event. According to data from SosoValue, these funds registered $428.52 million in outflows on Monday.
For token TA and market updates: Want more token insights like this? Sign up for Editor Harsh Notariya’s Daily Crypto Newsletter here.
Total Ethereum Spot ETF Netflow. Source: SosoValueBlackRock’s iShares Ethereum Trust (ETHA) led ETF outflows with $310.13 million in redemptions, followed by Grayscale’s Ethereum Trust (ETHE) at $20.99 million and Fidelity’s Ethereum Fund (FETH) at $19.12 million.
Bitwise’s Ethereum ETF (ETHW) and VanEck’s Ethereum ETF (ETHV) recorded smaller declines of $12.18 million and $9.34 million, respectively, on the same day.
According to the data provider, Monday’s outflows marked the largest single-day capital exit from these funds since August 4, highlighting the decline in institutional interest following the liquidation event.
This trend may further dampen market sentiment around the altcoin and add more downward pressure on its price, limiting the coin’s ability to recover in the short term.
Sponsored
Sponsored
Bearish Signals Mount for Ethereum Amid Technical WeaknessReadings from the ETH/USD daily chart show the altcoin trading below its Super Trend indicator, which now acts as dynamic resistance at $4,561. For context, ETH is currently trading well below this level, at $3,986.
ETH Super Trend Indicator. Source: TradingViewThe Super Trend indicator helps traders identify the market’s direction by placing a line above or below the price chart based on the asset’s volatility.
When an asset’s price trades above the Super Trend line, it signals a bullish trend, indicating that the market is in an uptrend and buying pressure is dominant.
Conversely, as with ETH, when an asset trades below this line, it signals that the market is under bearish control. Traders usually interpret a position below the Super Trend as a warning that downward momentum could continue, making it harder for ETH to regain strength in the near term.
Bears Target Lower Levels While Buyers WaitIf bullish sentiment remains elusive, ETH could extend its decline below the critical $4,000 price level, potentially dropping to $3,626. If this level weakens, it could give way to a deeper decline toward $3,215.
ETH Price Analysis. Source: TradingViewHowever, a rebound in new demand for the leading altcoin could invalidate this bearish outlook. In that scenario, the coin’s price could climb to $4,211.
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.
2025-10-14 21:251mo ago
2025-10-14 16:351mo ago
Solmate Buys $50M in Solana Tokens to Power UAE Infrastructure Buildout
Solmate Infrastructure has purchased $50 million in Solana tokens directly from the Solana Foundation to fuel its growing crypto infrastructure footprint across the United Arab Emirates.
New Product: WisdomTree has listed an ETP that offers direct exposure to the price movements of Stellar (XLM).
Physically Backed: Each share of the ETP is backed 1-to-1 by the real cryptocurrency, held in secure custody.
European Availability: The product is already listed on exchanges such as Deutsche Börse Xetra, SIX Swiss Exchange, and Euronext.
The global manager of exchange-traded funds (ETFs) and exchange-traded products (ETPs), WisdomTree, has announced a broad expansion of its range of cryptocurrency products with the launch of a new ETP focused on Stellar (XLM).
The strategic move offers institutional and retail investors in Europe a regulated, secure, and low-cost way to access the performance of one of the most established blockchain networks in the ecosystem.
The product, named WisdomTree Physical Stellar (XLMW), stands out for being physically backed. This means that for each share of the ETP issued, the company holds an equivalent amount of real XLM tokens, which are custodied by institutional-grade depositaries.
This mechanism provides an additional layer of security and transparency for investors, differentiating it from products based on synthetic derivatives.
Simplified Access to Digital Assets
The introduction of this physically backed Stellar ETP responds to the growing demand from investors to diversify their portfolios with digital assets through traditional and regulated investment vehicles.
By listing on major European exchanges such as Germany’s Deutsche Börse Xetra, the SIX Swiss Exchange in Switzerland, and the Euronext exchanges in Paris and Amsterdam, WisdomTree greatly facilitates access to Stellar without the need for investors to directly manage private keys or interact with cryptocurrency exchanges.
With a competitive total expense ratio (TER) of 0.95%, XLMW is positioned as an attractive option within the crypto ETP market.
Alexis Marinof, Head of Europe at WisdomTree, indicated that this launch reinforces the firm’s commitment to offering one of the most comprehensive and secure ranges of crypto-asset products.
The addition of this physically backed Stellar ETP to its offering, which already includes products for Bitcoin, Ethereum, and other altcoins, consolidates WisdomTree as a leader in building bridges between traditional finance and the digital economy.
2025-10-14 21:251mo ago
2025-10-14 16:401mo ago
US gov't seizes $15 billion BTC, largest cryptocurrency forfeiture in history by DOJ
The U.S. Department of Justice (DOJ) made the largest cryptocurrency forfeiture in the department's history earlier today after it announced seizing roughly $15 billion worth of Bitcoin from a criminal network running forced-labor cyber-fraud operations from Cambodia.
2025-10-14 21:251mo ago
2025-10-14 16:401mo ago
BNB Price Surges 16% – Bulls Eye $1,500 Record High
Binance Coin (BNB) has staged a significant recovery, climbing more than 16% in recent sessions to surpass the $1,350 level. This surge outpaces major cryptocurrencies like Bitcoin and Ethereum, signaling renewed confidence in the Binance ecosystem and optimism over a potential spot Binance ETF approval.
2025-10-14 21:251mo ago
2025-10-14 16:401mo ago
Analysts see Circle as top stablecoin play, saying USDC will ‘supplant fiat' in $20 trillion cross-border payments market
Circle's USDC could become a key infrastructure layer for global payments, with William Blair highlighting upcoming products like Arc and the Circle Payments Network as long-term revenue drivers.
First of all, open interest (OI) declined dramatically as a result of last Friday’s drop. Currently, this metric sits at 656,840 BTC after an 11.5% decline in just a few days. Measuring OI in BTC terms is typically a better choice to help offset the impact of price swings from this metric.
Although it has been progressively climbing from a low level of 624,400, this low reading means that traders are not ready to jump back into the market.
Moreover, market sentiment is still depressed as reflected by the Fear and Greed Index. This gauge currently stands at 42, meaning that investors have adopted a cautious attitude following last Friday’s events.
In addition, the market is waiting for further clarity on how the Federal Reserve will react to Trump’s hostile measures against China. If the U.S. central bank believes that this tariff increase will result in higher inflation down the road, it could opt to postpone the interest rate cut that it was supposed to execute this month.
The Chairman of the Fed, Jerome Powell, abstained from making any comments concerning future interest rate decisions during his speech at the National Association for Business Economics conference in Philadelphia on Tuesday.
If the Fed opts to delay its 25bps rate cut this month, this could have a catastrophic impact on crypto prices immediately, as this was the market’s consensus view.
Investors Accumulate BTC at $110K – Big Bounce Coming?
BTC has bounced off a key demand zone at $110,000 that is in confluence with both a trend line and horizontal support.
2025-10-14 21:251mo ago
2025-10-14 16:421mo ago
Celsius Settles Bankruptcy Case with Tether for $299.5 Million
Celsius has reached a settlement with Tether for $299.5 million in its bankruptcy case.
The settlement resolves a lawsuit where Celsius initially sought $3.5 billion in damages.
Tether was accused of liquidating Bitcoin collateral prematurely during Celsius’s bankruptcy proceedings.
The Blockchain Recovery Investment Consortium announced the resolution of the case on October 14.
The settlement covers all disputes related to Celsius’s bankruptcy, with no admission of wrongdoing from Tether.
Celsius Network has settled with Tether, securing $299.5 million in a bankruptcy lawsuit. The settlement is part of a larger legal battle, where Celsius initially sought $3.5 billion in damages. This lawsuit stemmed from Celsius’s bankruptcy proceedings in 2022, following financial troubles that led to its Chapter 11 filing.
Tether agreed to pay the settlement amount without admitting any wrongdoing. The Blockchain Recovery Investment Consortium (BRIC), which is overseeing Celsius’s bankruptcy recovery, announced the resolution on October 14. Despite Tether’s previous denials of the claims, the company has agreed to settle all disputes related to Celsius’s bankruptcy.
Celsius Accuses Tether of Misappropriating Assets
In August 2024, Celsius filed a lawsuit against Tether, claiming misappropriation of assets during its bankruptcy. The lawsuit focused on a collateral transfer of 39,542.42 BTC to Tether in exchange for a loan in USDT. Celsius argued that Tether liquidated the BTC collateral prematurely, thereby depriving it of the opportunity to provide additional collateral.
Tether liquidated the Bitcoin collateral at a price that nearly matched the debt owed by Celsius. However, the company did not allow Celsius to deposit additional collateral, as per the lawsuit. Celsius sought to recover the value of its assets, along with damages and legal fees, totaling $3.5 billion.
Despite Tether’s characterization of the lawsuit as “baseless,” both parties have now settled. Tether’s CEO Paolo Ardoino confirmed the agreement, noting that all issues regarding the Celsius bankruptcy have been resolved. BRIC’s Managing Partner David Proman expressed satisfaction with the timely resolution of the matter.
Tether is pleased to have reached a settlement of all issues related to the Celsius bankruptcy.
— Paolo Ardoino 🤖 (@paoloardoino) October 14, 2025
Tether Resolves Bankruptcy Case with Settlement
The settlement represents a fraction of Celsius’s original claim of $4.3 billion in the bankruptcy case. Celsius filed for Chapter 11 protection in July 2022, revealing a $1.2 billion shortfall in its balance sheet. In November 2023, Celsius emerged from bankruptcy under BRIC’s management, focused on recovering assets for its creditors.
Following the settlement, BRIC will continue managing the recovery of illiquid assets from the Celsius estate. The bankruptcy proceedings included claims against various parties involved in Celsius’s operations and financial transactions. The Tether settlement is one of the major resolutions in the ongoing efforts to repay creditors.
The bankruptcy case has been a high-profile example of the challenges in the crypto sector. With this settlement, Celsius is closer to finalizing its financial recovery after a turbulent period in the market. Tether, as the world’s leading stablecoin issuer, aims to move forward after resolving this dispute.
2025-10-14 21:251mo ago
2025-10-14 16:471mo ago
Tether Pays $300 Million to Settle $4.5 Billion Celsius Bankruptcy Claims
Stablecoin issuer Tether has agreed to pay $299.5 million to the Celsius Network bankruptcy estate, settling years of litigation tied to the crypto lender’s 2022 collapse.
The payment is far below the nearly $4.5 billion Celsius originally sought in bitcoin.
The Blockchain Recovery Investment Consortium (BRIC) — a partnership between VanEck and GXD Labs — announced the settlement Tuesday, saying it settles “all issues” between Tether and the Celsius estate.
“We are pleased to have resolved Celsius’s adversary proceeding and related claims against Tether,” said David Proman, managing partner at GXD Labs.
Tether and the Celsius collapse
The settlement ends one of the most contentious cases in crypto bankruptcy history. Celsius sued Tether in August 2024, claiming the stablecoin issuer improperly liquidated roughly 39,500 Bitcoin used as collateral before Celsius filed for bankruptcy in July 2022.
Celsius said Tether violated an agreement requiring a 10-hour notice before selling the assets, costing the lender any remaining equity in the position.
Tether pushed back, calling the suit a “baseless shakedown.” The company said it acted within the terms of a 2022 agreement requiring Celsius to post more collateral as Bitcoin prices fell.
When Celsius failed to meet the margin call, Tether said it liquidated the bitcoin at Celsius’s direction to cover an $815 million debt.
A U.S. bankruptcy judge in New York allowed Celsius’s case to move forward earlier this year, though Tether denied wrongdoing.
The $299.5 million payment was arranged through BRIC, a joint recovery vehicle set up in early 2023 to pursue claims and recover assets from collapsed crypto firms.
BRIC was appointed by the Celsius debtors and creditors’ committee in January 2024 to oversee asset recovery and litigation management, according to the BRIC release on the matter.
While the payment represents a win for Celsius creditors, it’s a modest one compared to the scale of losses from the company’s collapse.
Celsius, once one of the largest crypto lenders, froze withdrawals in mid-2022 amid plunging token prices and failed investments. Its bankruptcy exposed billions in customer losses and alleged mismanagement by top executives.
Former Celsius CEO Alex Mashinsky was sentenced in May to 12 years in prison for fraud and market manipulation. Prosecutors said he misused customer funds and inflated the price of the platform’s CEL token. In June, Mashinsky agreed to forfeit any claims to assets from the bankruptcy estate.
The Celsius collapse became one of the defining moments of crypto’s 2022 credit crisis, alongside failures at Voyager, BlockFi, and FTX.
The fallout triggered a wave of litigation and recovery efforts that continue to reshape how courts treat crypto lending and collateral agreements.
Micah Zimmerman
Micah first discovered Bitcoin in 2018 but remained a skeptic on the sidelines for too long. Since 2021, he has covered crypto and business and now works as a junior news reporter for Bitcoin Magazine, based in North Carolina.
2025-10-14 21:251mo ago
2025-10-14 16:491mo ago
Top Analyst Warns of XRP Price Distortions as Market Data Splits
XRP price chart inconsistencies spark concern as analysts abandon data from top exchanges over distortions.
EGRAG Crypto now uses a unified Crypto Data Set for XRP to avoid conflicting market price readings.
XRP price stands at $2.48, down over 13% this week, despite a 50% bounce from support levels.
Traders debate XRP’s real support floor as Binance and Bitstamp show contrasting wick levels.
The XRP market is facing renewed confusion as analysts flag conflicting price data across major exchanges.
EGRAG Crypto announced plans to use only the Crypto Data Set for XRP to avoid inconsistent readings. The move follows rising concerns over manipulation and distorted charts on platforms such as Binance and Bitstamp.
Traders are now reassessing key support levels while the token struggles to hold recent gains. According to CoinGecko, XRP trades at $2.48 after falling over 13% in the past week.
Analysts Question Accuracy of XRP Price Data
EGRAG Crypto told followers that recent XRP charts across exchanges have displayed conflicting wick and moving average levels.
The analyst cited distortion in historical data as a reason to exclude several major exchanges from analysis, including Binance, Bitstamp, Poloniex, and Coinbase.
#XRP – Chart and Data Distortion ⁉️‼️ :
The below post is created to find the best chart to use for a long-term view of #XRP from now on. So far, we’ve seen distortions in the data, and I want to keep things clear without too many conflicting numbers.
From now on, I’ll only… pic.twitter.com/XCIPvwcrQ3
— EGRAG CRYPTO (@egragcrypto) October 14, 2025
He said the new approach will rely on the Crypto Data Set, which averages prices from leading exchanges to create a more balanced view. This decision sets a $1.40 wick price as the baseline low, considered a more reliable reference moving forward.
On Binance, the XRP chart reportedly broke below the 21-day EMA with a wick around $0.77. Bitstamp’s chart, by contrast, showed a touch near $1.58. These variations have raised questions among traders about which chart best reflects market reality.
By narrowing his data sources, EGRAG aims to remove conflicting metrics that may distort long-term technical analysis. The focus, he said, is to maintain clarity and consistency across charting models used in future projections.
XRP Price Holds $2.48 After Volatile Week
Market analyst HovWaves reported that XRP bounced over 50% from a tracked support level after last week’s drop.
$XRP
XRP got the move down into our support level for the expanded flat we were following (threaded)
I said it'll happen pretty soon but I didn't expect it to play like that
Nice 50+% bounce off our support level
Regardless of how things unfolded last week, the plan is still… pic.twitter.com/Ji4f8pcBwx
— Hov (@HovWaves) October 14, 2025
He noted that the move played out faster than expected but said the broader plan for higher targets remains unchanged. His current outlook points toward a potential climb to around $5.5, aligning with previous macro projections.
While optimism among XRP traders persists, the recent data inconsistencies have complicated sentiment. The price swings across exchanges highlight how varying liquidity and order book depth can distort price action.
As of the latest CoinGecko data, XRP trades at $2.48 with a daily trading volume of over $8 billion. The token remains down by 5.77% in the past 24 hours and 13.29% over seven days.
XRP price on CoinGecko
Despite the losses, analysts argue that the asset’s recovery from its lower wick levels still indicates resilience.
The community continues to monitor how excluding major exchange data may impact future technical forecasts. For now, analysts appear focused on finding stability in the charts before the next potential breakout.
2025-10-14 21:251mo ago
2025-10-14 16:501mo ago
Tether settles $299.5M with Celsius bankruptcy estate
Key Takeaways
What was the Tether–Celsius settlement about?
Tether agreed to pay $299.5 million to the Celsius bankruptcy estate, resolving claims from its 2022 collapse.
Why does this matter for creditors and the market?
The deal, led by BRIC and backed by VanEck, marks one of Celsius’s largest recoveries.
Tether has agreed to pay $299.5 million to the Celsius Network bankruptcy estate. The payment resolves a long-running lawsuit over crypto collateral liquidations made before Celsius’s 2022 collapse.
The settlement was announced on 14 October by the Blockchain Recovery Investment Consortium (BRIC) — a joint venture between GXD Labs (an affiliate of Atlas Grove Partners) and VanEck, which manages more than $161.7 billion in assets.
Furthermore, the agreement closes an adversary proceeding filed in August 2024 in the U.S. Bankruptcy Court for the Southern District of New York.
Celsius’ Tether lawsuit targeted pre-bankruptcy transfers
The Celsius estate sued Tether last year. The suit alleged that the stablecoin issuer improperly liquidated collateral tied to margin loans.
This was in the weeks leading up to the crypto lender’s insolvency.
Court documents claimed those transactions breached U.S. bankruptcy rules governing “preferential” and “fraudulent” transfers. This allowed Tether to recover assets at the expense of Celsius creditors.
The lawsuit became one of the largest outstanding disputes in the Celsius wind-down process.
BRIC, which was appointed Complex Asset Recovery Manager and Litigation Administrator in January 2024, led negotiations on behalf of the estate.
“We are pleased to have resolved Celsius’s adversary proceeding and related claims against Tether,” said David Proman, Managing Partner of GXD Labs. “In addition, we are pleased with the timeliness with which the settlement was achieved.”
VanEck-backed consortium driving creditor recoveries
Formed in early 2023, the Blockchain Recovery Investment Consortium specializes in recovering illiquid or disputed digital-asset holdings from bankrupt estates.
Also, beyond the Tether case, BRIC continues to manage a portfolio of illiquid tokens and litigation assets on behalf of Celsius creditors.
Additionally, the settlement marks one of the largest recoveries secured through BRIC to date, underscoring VanEck’s deeper push into blockchain-asset recovery and distressed-asset management.
Significance for the stablecoin sector
While the settlement does not imply wrongdoing, it highlights Tether’s ongoing legal exposure within major crypto bankruptcies such as Celsius, Three Arrows Capital, and FTX.
Also, the payment brings Celsius one step closer to completing its long-running wind-down.
The Plasma Bridge, which makes it possible to move BONE tokens between Shibarium and Ethereum, is now back online.
The new version of the bridge offers a higher level of security and greater loss prevention, according to the announcement. It has already undergone multi-layer testing.
Main improvements The bridge has added the ability to block addresses that are believed to be suspicious. In such a way, bad actors will be banned from exploiting the bridge.
HOT Stories
From now on, the addresses flagged as potentially harmful will not be able to interact with the bridge.
On top of that, there is now a seven-day withdrawal delay, meaning that all BONE withdrawals will have a buffer before they are finalized. It is meant to ensure that security teams will have enough time to be able to tackle any suspicious activity.
But, of course, the user experience is a notable tradeoff since one will have to wait for an entire week for their transaction to finalize.
Bounty update As reported by U.Today, Shibarium recently experienced a significant hack that resulted in the loss of roughly $4 million worth of various cryptocurrencies.
The attacker borrowed BONE tokens to gain majority control over the validator keys, which then made it possible for them to approve fraudulent transactions.
On top of that, the attackers stole KNINE tokens from the K9 Finance DAO project to the tune of $700,000.
A final bounty will be offered to recover the KNINE tokens from the addresses that are controlled by the attackers.
2025-10-14 21:251mo ago
2025-10-14 16:531mo ago
Tether Partners with Antalpha to Strengthen Digital Gold Ecosystem
Tether Gold Treasury completed a $134 million purchase of Tether Gold (XAU₮) at $4,021 per unit.
Aurelion secured $150 million in financing with Antalpha acquiring controlling voting rights.
Tether and Antalpha aim to expand the digital gold ecosystem and increase liquidity.
Aurelion will retain its asset management operations and hold only Tether Gold as its treasury reserve.
Antalpha will use Tether Gold-backed loans through its Prime platform to scale its operations.
Nasdaq-listed Tether Gold Treasury, a subsidiary of Antalpha, has finalized the purchase of $134 million in Tether Gold (XAU₮). The acquisition was made at a price of $4,021 per XAU₮. This move strengthens the company’s commitment to expanding its tokenized gold holdings.
Aurelion’s $150 Million Financing Secures Antalpha Control
Aurelion Inc., previously known as the Tether Gold treasury, completed a $150 million financing last week. This included $100 million in PIPE proceeds and a $50 million senior debt facility. Antalpha Platform Holding Company led the financing, acquiring controlling voting rights with a $43 million PIPE investment.
Björn Schmidtke, CEO of Aurelion, stated, “This marks a defining milestone for Aurelion and tokenized gold adoption.” The financing positions Aurelion to lead in offering gold-backed digital assets on the blockchain.
Antalpha’s partnership with Tether aims to expand the digital gold ecosystem. Tether acquired an 8.1% stake in Antalpha through a $200 million joint effort. This partnership also aims to raise awareness of Tether Gold as a safe and transparent asset.
Paul Liang, Antalpha’s CFO, expressed excitement about the collaboration, stating, “Tether Gold will bring digital assets to a broader market.” The partnership will enhance liquidity and offer new products, including gold-backed loans.
The collaboration is expected to unlock new opportunities for institutions and the general public. Tether and Antalpha aim to make digital gold accessible, providing stability and confidence in an increasingly digital financial landscape.
Aurelion will retain its asset management operations, holding Tether Gold as its only treasury reserve. The company is committed to maintaining transparency and discipline in managing its gold holdings. Through its collaboration with Antalpha, Aurelion aims to improve collateral resilience and preserve liquidity.
Aurelion will lend unencumbered Tether Gold to Antalpha. Antalpha will then provide Tether Gold-backed loans through its Prime platform. This arrangement enables Antalpha to scale its operations while maintaining a strong balance sheet.
2025-10-14 21:251mo ago
2025-10-14 16:561mo ago
Shiba Inu news: Shibarium announces Plasma Bridge for BONE
Shibarium has announced the reactivation of the Plasma Bridge for the BONE token, with the move coming a few weeks after a network exploit that saw attackers siphon more than $4.1 million via a flash loan attack.
Summary
Shiba Inu reactivated the BONE Plasma Bridge following a recent freeze.
The exploit that saw $4.1 million in assets stolen happened after an attacker gained 4.6 million BONE.
Prices of SHIB, BONE and KNINE fell amid the exploit in September.
The Shiba Inu team has announced the reopening of the Plasma Bridge for BONE on the Shibarium Bridge. According to a blog post, the update includes blacklisting functionality designed to bolster ecosystem security.
“We’re pleased to share that the Plasma Bridge is back online for BONE, following a comprehensive review and a series of security enhancements. Users can once again bridge BONE between Ethereum and Shibarium with a safer, stronger, and more resilient experience,” the Shib team wrote.
What’s new for the Shibarium bridge?
According to the announcement, the reactivated platform taps into a “proactive blacklisting system that lets us flag and block suspicious addresses at the bridge layer.”
The blacklisting functionality will help prevent potential future attacks and will address risks of abuse across the ecosystem.
Shibarium has also added a 7-day withdrawal delay for all BONE Plasma withdrawals. The finalization delay offers a buffer to operators and security teams, with the delay giving them time to monitor and respond to suspicious activity. The move adds a layer of defense without impacting user access.
“Plasma’s strength is fraud‑resistance. The delay reinforces that property and provides a practical response window if anomalies are detected,” the platform noted.
Shibarium hack
The Shiba Inu (SHIB) community saw an attacker access 4.6 million BONE tokens after a major hack of the Shibaswap that targeted the Shibarium Bridge. The attack happened in September 2025, resulting in the substantial loot of $4.1 million.
🚨 Shibarium Bridge Security Update 🚨
Earlier today, a sophisticated ( probably planned for months ) attack was carried out using a flash loan to purchase 4.6M BONE. The attacker gained access to validator signing keys, achieved majority validator power, and signed a malicious…
— Kaal (@kaaldhairya) September 13, 2025
Stolen assets included $1 million in Ether, $1.3 million in Shiba Inu’s SHIB, and more than $717,000 in KNINE.
The Shib team’s quick response helped stem further losses. After an initial freeze, the developers successfully reactivated the bridge, with reinforced security at the center of the fresh launch.
2025-10-14 21:251mo ago
2025-10-14 16:581mo ago
VanEck Files Amended S-1 for Spot Solana ETF, Slashes Management Fee to 0.30%
CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
VanEck has officially filed its fifth amendment for the spot Solana ETF (VSOL) with the U.S. Securities and Exchange Commission. The filing stated that there’s a 0.30% management fee and expanded details about its staking policy.
Solana ETF Will Combine Price Tracking with a Regulated Staking System
The SEC filing confirms that the ETF will seek to reflect the performance of SOL price while seeking more returns through staking. It is the first of a kind hybrid structure for a digital asset fund in the U.S.
The company will use one or more third-party staking providers, including SOL Strategies, to manage Solana delegation and yield generation. Recently, VanEck expanded this approach by filing for a staked Hyperliquid ETF in the U.S., with expectations of a HYPE listing on Coinbase soon. The selection of each provider will be done according to their performance, uptime, and adherence to regulations.
The staking model by VanEck has a liquidity risk policy that can enable the capacity for redemptions in a volatile market. The company will have a buffer of 5% to make sure that there will not be any unbonding that will act as a barrier to investors redeeming their funds. Normally, these take two to three days in Solana.
Gemini and Coinbase to Secure Low-Cost Solana ETF
The policy will be reviewed annually to adjust staking allocations and preserve market efficiency. Gemini Trust Company and Coinbase custodian will be the custodians of the ETF and store the Solana holdings of the fund in an insured and regulated manner.
VanEck also affirmed that it can consider the liquid staking tokens (LSTs) later, provided that regulators will allow it to do so. Recently, VanEck registered a Lido Staked Ethereum Trust in Delaware, highlighting its ongoing move toward staking-integrated fund products. This possible development indicates a switch of focus towards tokenized yield instruments in SEC-compliant framework.
The ETF’s unified 0.30% sponsor fee covers all operating expenses except extraordinary legal or regulatory costs. This low-fee strategy makes VSOL one of the most competitively priced digital asset ETFs, similar to the Bitcoin offering by VanEck.
Regulatory Uncertainty Amid Government Shutdown
An ETF analyst note that, despite VanEck’s detailed submission, there is currently no set deadline for the SEC to approve or reject the application. According to Bloomberg’s James Seyffart, “things are under the Generic Listing Standards (GLS) now, so there’s no fixed approval timeline.”
He also emphasized that the ongoing U.S. government shutdown has effectively paused all regulatory progress, saying, “no one knows anything while that’s happening.” This means the approval process for Solana ETFs is likely to remain on hold until normal government operations resume.
Under this generic framework, exchanges like Cboe BZX can list crypto-based ETFs without requiring an SEC approval. They only need to meet the listing and disclosure requirements already in place. However, the shutdown prevents staff from issuing clarifications or publishing procedural updates.
Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.
2025-10-14 21:251mo ago
2025-10-14 17:001mo ago
Pattern That Led To Dogecoin Price 36,000% Surge In 2021 Has Emerged Again, Will History Repeat?
Dogecoin just endured a sharp weekend drawdown, slipping back below the $0.20s after failing to extend its early October rebound. This decline was enough to wipe out many weeks of steady gains and shake retail sentiment. However, amid the volatility, the monthly chart is still bullish. Despite the weekend crash, Dogecoin is well above its 25-month moving average and is trading near the same structural zone that preceded past parabolic rallies.
This setup caught the attention of a technical analyst on X known as EᴛʜᴇʀNᴀꜱʏᴏɴᴀL, who pointed out that the same pattern that preceded Dogecoin’s 36,000% breakout in 2021 has now resurfaced.
Historical Structure Reappears On Dogecoin’s Chart
According to the analyst’s long-term monthly chart, Dogecoin has repeatedly entered explosive bull runs after exhibiting three major technical conditions: a breakout from a prolonged falling trend, sustained trading above the 25MA, and a successful retest phase that confirms structural strength. Each of these setups has led to massive price expansions, most notably the 36,000% surge that catapulted DOGE from fractions of a cent to its May 2021 all-time high of $0.7316.
As shown in the chart below, the same technical conditions are playing out again. The falling trendline that had capped Dogecoin’s growth since mid-2021 has already been broken, and the price is well positioned above the 25MA. The ongoing consolidation is representing the retest phase, the same period that preceded the last two major parabolic runs in 2017 and 2021.
Source: Chart from EtherNasyonaL on X
Another important observation highlighted by the analyst is that each historical breakout was preceded by what is referred to as the NGMI (Not Gonna Make It) phase. This is typically when Dogecoin is trading sideways or dipping slightly after breaking out of its multi-month falling trendline.
Will History Repeat For DOGE?
As it stands, Dogecoin’s monthly price pattern is now back to trading around this downward trendline, which it broke above in late 2024. The latest candlestick wick, which was created with Dogecoin’s recent fall to $0.18, saw it touching this trendline again very briefly.
However, if Dogecoin’s recurring structural pattern continues to play out as it has before, the current downtrend phase might precede another strong rally. The technical alignment, a combination of price stability above the 25MA, the breakout from a long-term downtrend, and the retest confirmation, means that momentum is still quietly building beneath the surface.
Although no chart can guarantee a repetition of the 2021 magnitude, EᴛʜᴇʀNᴀꜱʏᴏɴᴀL’s technical outlook provides a compelling argument that Dogecoin’s larger bullish cycle is still intact.
At the time of writing, Dogecoin is trading at $0.201, down by 5.2% and 23% in the past 24 hours and seven days, respectively.
DOGE trading at $0.19 on the 1D chart | Source: DOGEUSDT on Tradingview.com
Featured image from Getty Images, chart from Tradingview.com
2025-10-14 21:251mo ago
2025-10-14 17:001mo ago
Bitcoin could retest October price lows – Analyst explains why
Key Takeaways
What were the stablecoin inflows telling us?
The flow to centralized exchanges and movement to derivatives exchanges showed potential buying power in the market, but reinforced the possibility of another liquidity hunt southward on BTC.
How should investors react to Monday’s price action?
Unless Bitcoin climbs back above the $117k area, swing traders and investors can maintain a bearish market outlook.
On the 13th of October, Bitcoin [BTC] rallied to $115,963, marking a 5.84% gain from the previous day’s low of $109,500. However, the upward momentum was halted as bearish pressure forced a retreat from the key $115.3k–$117k supply zone.
The rejection at the resistance zone led to a 3.54% dip in Bitcoin prices, which reached $111.8k at the time of writing.
A dip to the $108k area was a possibility that traders should be prepared for. The short-term bias is bearish, unless the buyers manage to flip the $117k region to support.
Stablecoin flows show that increased volatility is imminent
While the market leader faced an uphill battle at a local resistance level, analysts noted a steady inflow of stablecoins into exchanges in recent days.
In a post on CryptoQuant Insights, user Amr Taha observed that Binance saw $590 million inflows of Tether (USDT) via the TRON [TRX] network, the go-to network for stablecoin settlement.
These inflows coincided with a Bitcoin price move beyond $115k, highlighting increased buying power in the market. The stablecoin inflows were accompanied by increased activity from whale wallets (>$100 million).
The analyst pointed out that this increased the chances of a sharp move, and volatility could go both ways.
Another analyst, CryptoOnchain, highlighted stablecoin activity on the Ethereum [ETH] network. Derivatives exchanges saw a bulk of these inflows, showing that market participants were buying the dip on margin.
This was a strong sign of bullish conviction, but it might be punished by another liquidity hunt southward.
Joao Wedson, CEO and Founder of analytics platform Alphractal, estimates a 60%-75% chance that Bitcoin will retest its lows on the 10th of October, potentially triggering another price drop this week and catching overly optimistic bulls off guard.
BTC traders should brace for further downside, but can shift to a short-term bullish outlook if the price rallies past the $117k mark.
As for altcoin traders and investors, the situation is more complex given the greater volatility. Many altcoins saw 40%-70% price drops within hours on the 10th of October. Another such drop would be catastrophic for those looking to catch the bottom.
Altcoin sentiment signals opportunity!
In a post on X (formerly Twitter), analyst DarkFost made the point that “the best time to gain exposure to altcoins is often when no one wants them anymore”.
Only 10% of the altcoins on Binance were above the 200DMA. The analyst argued that this proved widespread disinterest in the altcoin market and was a valuable buying opportunity.
Whether this is true remains to be seen, but not all altcoins are equal. Most of them tend to bleed value against Bitcoin over the years, and struggle to maintain relevance across market cycles.
Hence, investors must DYOR and select what they believe are strong projects if looking to buy this dip.
2025-10-14 21:251mo ago
2025-10-14 17:001mo ago
Solana Spot ETF's Review Stuck In Limbo? US Government Shutdown Puts Progress On Hold
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure
The race for crypto ETFs, especially the Solana Spot Exchange-Traded Funds (ETFs), remains a significant and crucial discussion among crypto enthusiasts in the sector. While many analysts believe that approval of the funds could spark a new wave of bullish action in the market, the products continue to face several regulatory roadblocks.
Crypto And Solana ETFs Face Regulatory Freeze
As the crypto market awaits approval of the Solana and crypto Spot ETFs, the funds have experienced yet another roadblock, which is likely to impact their approval process. Specifically, this new setback on one of the most closely watched developments in the digital asset space was triggered by the ongoing United States government shutdown.
According to the report from SolanaFloor on the social media platform X, the US government shutdown has effectively halted the SEC’s progress on reviewing Solana and other spot crypto ETF applications. With federal operations slowing down, the US SEC’s capacity to process and accept new applications has been disrupted.
SolanaFloor highlighted that the US SEC has currently paused its review of the S-1 filings, which is vital in the approval process of the funds. Such a development will ultimately delay crucial decisions regarding the Solana and other impending crypto spot ETFs, including Dogecoin and XRP.
Sharing an update on the filings, Greg Xethalis, the General Counsel (GC) at Multicoin Capital, stated that the funds still require registration under the 1933 and 1934 Acts, even if 19b-4 approvals were managed under the Generic Listing Standards (GLS). Xethalis highlighted in his latest post on X that the 19b4 is not the only process, but the one that was used to block these products by previous commissioners.
In the meantime, issuers such as Bitwise Invest and Grayscale have pulled back the delayed amendments. This move implies that the delayed amendments might technically take effect after 20 days.
However, listings also need exchange clearance and Form 8-A filings. When the government reopens or exchanges proceed on their own, a number of SOL and Litecoin ETPs will be prepared for launch, but this does not guarantee that the funds will be approved.
SOL At The Top Of ETF Expectations
Given the notable success of the Bitcoin and Ethereum spot ETFs, large asset management firms are heavily exploring other major crypto assets. While the US government is set to reopen in the next week, more than 90 crypto ETFs are currently awaiting approval from the US SEC.
Data from Erving shows that Solana and XRP are at the top of the list for the next spot ETFs. This demonstrates their position as a leader in the sector and underscores the heightened conviction of retail and institutional investors toward the tokens. When these tokens secure an approval for a spot ETF, it is likely to shape the next phase of institutional adoption in the crypto markets.
SOL trading at $194 on the 1D chart | Source: SOLUSDT on Tradingview.com
Featured image from Adobe Stock, 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.
Sign Up for Our Newsletter!
For updates and exclusive offers enter your email.
Godspower Owie is my name, and I work for the news platforms NewsBTC and Bitcoinist. I sometimes like to think of myself as an explorer since I enjoy exploring new places, learning new things, especially valuable ones, and meeting new people who have an impact on my life, no matter how small. I value my family, friends, career, and time. Really, those are most likely the most significant aspects of every person's existence. Not illusions, but dreams are what I pursue.
2025-10-14 21:251mo ago
2025-10-14 17:081mo ago
Bitcoin, ether drop as US-China tensions flare up, erasing Monday's gains
Sparks strike representation of cryptocurrency Bitcoin in this illustration created on November 24, 2024. REUTERS/Dado Ruvic/Illustration/File Photo Purchase Licensing Rights, opens new tab
NEW YORK, Oct 14 (Reuters) - Bitcoin and ether tumbled on Tuesday as U.S.-China tension ramped up, wiping out a rally the day before that was fueled by President Donald Trump's conciliatory trade remarks.
The U.S. and China on Tuesday began charging additional port fees on ocean shipping firms that move everything from holiday toys to crude oil, making the high seas a key front in the trade war between the world's two largest economies.
Sign up here.
In afternoon trading, bitcoin fell to as low as $110,023.78 and was last down 2.3% at $113,129. The world's largest cryptocurrency hit a record high above $126,000 on October 6.
Ether, the second-biggest digital currency, slid to a trough of $3,900.80 and was last down 3.7% at $4,128.47. Last Friday, it dropped 12% from the day's high to a low of $3,436.29 .
Altcoins, a term for all cryptocurrencies other than market-leader bitcoin, bore the brunt of the move, with many falling 80% on some exchanges, analysts said.
A line chart titled "Bitcoin price in US dollars" that tracks the metric over time.Exchanges amplified Friday's selloff by automatically forcing some leveraged investors to close their positions after their collateral fell below certain thresholds, analysts said.
"As long as China's relationship with the U.S. is shaky and stocks too concentrated in tech, crypto will be struggling as it tends to enjoy good times when other established assets are holding up well," said Juan Perez, director of trading at Monex USA in Washington.
"But when the fundamentals are not great, crypto struggles to find a base for its value whether it's bitcoin or ether."
Tuesday's price action came days after the crypto market experienced the largest liquidations in history, with more than $19 billion wiped out across leveraged positions late on Friday. The crash came after Trump said he would impose 100% tariffs on Chinese imports, in response to China announcing a major expansion of its rare earths export controls.
Reporting by Gertrude Chavez-Dreyfuss; Editing by Michelle Price and Lisa Shumaker
Our Standards: The Thomson Reuters Trust Principles., opens new tab
2025-10-14 21:251mo ago
2025-10-14 17:101mo ago
BlackRock's Larry Fink Champions Tokenization as Bitcoin ETF Nears $100B
BlackRock’s iShares Bitcoin Trust (IBIT) is close to $100 billion in assets under management.
CEO Larry Fink views tokenization as the next evolution in financial markets.
Institutional demand for regulated Bitcoin exposure continues to surge.
Fink predicts blockchain will modernize ownership, settlement, and transparency in finance.
BlackRock’s iShares Bitcoin Trust (IBIT) is approaching $100 billion in assets under management, marking a major moment for institutional involvement in digital assets.
The milestone highlights accelerating interest in Bitcoin ETFs since their launch earlier this year. Larry Fink, BlackRock’s Chief Executive Officer, said the success reflects growing demand for regulated crypto exposure and points to tokenization as the next major shift in finance.
Fink told CNBC that tokenization will “reshape how markets operate” by digitizing ownership and improving efficiency across asset classes. He described it as a logical step in the evolution of financial systems, much like ETFs transformed investment access two decades ago.
Institutional Confidence Lifts IBIT to Record Heights
Since approval, IBIT has seen persistent inflows from major asset managers, family offices, and pension funds.
Data shows it has outperformed other spot Bitcoin ETFs, solidifying BlackRock’s dominance in the digital asset investment space. Investors have been drawn to the fund’s transparent structure, high liquidity, and regulated framework.
Larry Fink on @CNBC this morning says "If we can tokenize an ETF, we can have investors who are just beginning to invest in markets through, let’s say, crypto, but now we can get them into the more traditional long-term retirement products. So we look at that as the next wave of…
— MartyParty (@martypartymusic) October 14, 2025
According to reports, IBIT’s strong performance mirrors Bitcoin’s broader price recovery, with institutional participation driving much of the demand. The combination of compliance, scale, and credibility has made it a preferred gateway for traditional investors exploring digital assets.
Larry Fink said the fund’s growth proves that “digital assets can coexist within the framework of traditional finance.” He emphasized that IBIT’s success demonstrates how innovation can thrive under regulation, setting the stage for blockchain integration in mainstream markets.
Tokenization: The Next Phase of Financial Innovation
Beyond Bitcoin, Fink reiterated his conviction that tokenization will be the defining innovation of the next decade. He argued that blockchain-based tokenization of real assets could enhance transparency, reduce costs, and eliminate intermediaries.
“Every stock, bond, and property could one day exist on-chain,” he noted in his interview.
This approach, he said, can reduce settlement risks, automate compliance, and bring greater inclusivity to global markets. BlackRock has already begun exploring tokenization pilots and blockchain research projects, signaling its long-term commitment to the digital transition.
Market analysts suggest Fink’s focus on tokenization reflects a broader institutional shift toward infrastructure-level blockchain adoption. As IBIT nears the $100 billion mark, it stands as a blueprint for how traditional finance and crypto can converge through regulated innovation.
2025-10-14 21:251mo ago
2025-10-14 17:141mo ago
Grayscale Sells $358M in Bitcoin, Ethereum, and Solana Amid Market Drop
Grayscale transferred $358 million worth of Bitcoin, Ethereum, and Solana to Coinbase on October 14.
The firm deposited 1,856 BTC, 29,718 ETH, and 10,516 SOL as part of its market strategy.
Grayscale’s move coincided with a significant downturn in the crypto market.
Bitcoin’s price dropped by 2.13%, Ethereum fell by 1.70%, and Solana decreased by 0.13%.
Analysts speculate that Grayscale’s deposits may signal a strategic sell-off amid market uncertainty.
Grayscale, a leading digital asset investment firm, made significant deposits on Tuesday, October 14. The firm transferred 1,856 BTC, 29,718 ETH, and 10,516 SOL to Coinbase Prime. The total worth of these assets amounts to approximately $358 million. This action has sparked speculation about Grayscale’s intentions amid the ongoing market downturn.
Grayscale’s Bitcoin Move Raises Market Concerns
On October 14, Grayscale transferred 1,856 BTC to Coinbase, a deposit valued at approximately $206 million. This move follows a broader decline in the crypto market that has shaken investors. Bitcoin, one of the most significant holdings in Grayscale’s portfolio, has seen a sharp drop in value recently.
Analysts suggest that Grayscale’s decision to transfer a significant portion of its Bitcoin holdings signals a potential sell-off. “The Bitcoin market has faced mounting pressure, and Grayscale’s move might indicate their attempt to minimize risks,” said one market analyst. Grayscale’s Bitcoin Trust is one of the most influential funds holding Bitcoin, making its transactions closely watched by the market.
The market responded quickly after Grayscale’s transfer. Bitcoin’s price dropped by 2.13% shortly after the deposit was made. As of the latest data, Bitcoin traded at $112,607. The market’s volatility has led many to believe that the crypto bull run may be over.
Ethereum Deposit Adds to Market Volatility
Alongside Bitcoin, Grayscale also moved 29,718 ETH to Coinbase Prime. This transaction, valued at roughly $122 million, adds to the growing concerns about Ethereum’s future in the current market. Ethereum, like Bitcoin, has been experiencing a decline, with prices falling by 1.70% following Grayscale’s deposit.
Grayscale’s Ethereum Trust holds a substantial amount of ETH, which makes its transfers closely scrutinized by analysts. This latest action may indicate that the firm is reducing its exposure to the second-largest cryptocurrency. Speculators are interpreting this as a precautionary measure, especially in light of the ongoing market uncertainty.
As of writing, Ethereum’s price stood at $4,117, marking a drop from its previous highs. The move by Grayscale suggests a strategic response aimed at mitigating further potential losses.
Grayscale Offloads Solana Amid Uncertainty
In addition to Bitcoin and Ethereum, Grayscale transferred 10,516 SOL, valued at approximately $30 million, to Coinbase. Solana’s inclusion in Grayscale’s latest moves highlights the firm’s diversified portfolio, which also spans various altcoins. Solana’s price remained relatively stable after the deposit, with a slight 0.13% drop.
Grayscale’s actions across multiple cryptocurrencies show that the firm is reevaluating its market strategy. Analysts believe these transfers are designed to limit exposure to the ongoing market volatility. As one expert noted, “Grayscale is likely positioning itself for more uncertain times ahead by reducing its holdings in high-risk assets.”
Solana, trading at $203, might face further declines if Grayscale continues to adjust its holdings. The firm’s moves are indicative of a larger trend among institutional investors, who are scaling back their crypto investments.
2025-10-14 21:251mo ago
2025-10-14 17:151mo ago
Data shows 76% of retail traders are long SOL: Will a rebound to $200 hold?
76% of retail traders are net long on Solana, a historically bullish signal.
Treasury firms and institutions are accumulating SOL below $200.
Whale activity is rising ahead of the spot SOL ETF decision on Oct. 16.
Solana (SOL) prices under $200 could be an undervalued range, according to new data highlighting a rare bullish skew among retail traders.
Onchain analytics platform Hyblock said that SOL is currently the only major crypto asset that has the highest percentile when it comes to true retail long percentage (TRA). The trading platform said in an X post,
“Around 76% of retail accounts currently hold net long positions on Solana, a threshold that historically aligns with positive forward returns.”Hyblock’s backtest of the signal shows that whenever TRA exceeds 75%, SOL’s seven-day mean and median forward returns rise from around +2.25% to over +5%, while average drawdowns decrease. The analysis added that the risk–reward ratio (RR) nearly doubles during these instances, suggesting stronger follow-through on upward moves and reduced downside volatility.
Solana retail long position analysis. Source: Hyblock Capital/XLikewise, crypto analyst Darkfost offered an optimistic outlook, pointing to broader altcoin capitulation as a potential accumulation phase. The trader said that only 10% of Binance-listed altcoins remain above their 200-day moving average, indicating widespread fear and disinterest. Historically, such conditions have preceded notable market rebounds.
Darkfost said, “The best time to gain exposure to altcoins is often when no one wants them anymore,” emphasizing that previous cycles saw similar setups resolve in strong short-term recoveries.
Percentage of altcoins above the 200D-SMA on Binance. Source: XAt the moment, corporate digital asset treasuries appear to be taking advantage of SOL’s sub-$200 pricing. Solana treasury company Solmate (Nasdaq: SLMT) purchased $50 million worth of SOL from the Solana Foundation at a 15% discount, with ARK Invest disclosing a new 11.5% ownership stake. Solmate had earlier raised $300 million to build its digital asset treasury.
Meanwhile, treasury firm SOL Strategies (Nasdaq: STKE) acquired an additional 88,433 SOL, including 79,000 locked SOL from the foundation at an average price of $193.93 per coin, bringing its total holdings to 523,433 SOL. These moves underline coordinated accumulation by institutional players at current price levels.
Can SOL hold a position above $200?While SOL’s long-term outlook remains constructive, its recent dip and daily close below $190 marked the first bearish break of structure since February 2025, signaling a potential shift in momentum on higher time frames.
Although SOL briefly reclaimed its 200-day exponential moving average (EMA), it now trades between the 50-day and 100-day EMAs. This compression typically reflects indecision, where short-term momentum weakens while medium-term support holds, often preceding a larger directional move.
Traders may continue bidding under $200, but a swift recovery could be limited. However, SOL recently retested long-term demand zones from $190 to $170, likely absorbing earlier buy orders during the Oct. 10 flash crash.
A continuation might see SOL consolidate from $200 to $160 if the bullish momentum remains underwhelming in the coming days.
SOL one-day chart. Source: Cointelegraph/TradingViewDespite the short-term bearish setup, market analyst Pelin Ay said that whale order activity on SOL has started rising again, a trend that has historically preceded rallies of 40–70%. The analyst believed that the whales are positioning ahead of the Oct. 16 spot SOL ETF decision, which could catalyze stronger spot demand.
Combined with SOL’s high staking ratio and potential inclusion in multiple publicly listed indexes, a favorable ETF outcome could tighten supply and re-establish SOL’s bullish trajectory above $200.
SOL spot average order size. Source: CryptoQuantThis 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.
2025-10-14 21:251mo ago
2025-10-14 17:161mo ago
U.S. Government Transfers $74.6M in Bitcoin After Weeks of Dormancy – Should Traders Prepare for a BTC Dump?
U.S. wallets have sent 667.624 BTC after a quiet stretch; Government balances and broader Bitcoin activity have prompted analysis, as earlier sales, custody rules, and institutional flows have provided context for recent volatility.
2025-10-14 21:251mo ago
2025-10-14 17:211mo ago
'Bitcoin Mayor' Eric Adams Establishes NYC Digital Assets and Blockchain Office
In brief
New York City Mayor Eric Adams signed an executive order to establish the Office of Digital Assets and Blockchain Technology.
Moises Rendon, who has served in the NYC Office of Innovation and Technology since 2024, will lead the new office.
Adams will leave office in January, after ending his reelection campaign in late September.
New York City Mayor Eric Adams established the Office of Digital Assets and Blockchain Technology on Tuesday, adding to his pro-crypto record as he rounds out his term in office.
The crypto-centric office will operate within the office of the mayor and be led by a director appointed by Mayor Adams, who will ultimately report to the city’s chief technology officer.
“Our first-in-the-nation Office of Digital Assets and Blockchain will help make us the global capital of digital assets,” Adams posted on X. “This new mayoral office is going to help us stay ahead of the curve, grow our economy, and attract world-class talent.”
Our first-in-the-nation Office of Digital Assets and Blockchain will help make us the GLOBAL capital of digital assets.
This new mayoral office is going to help us stay ahead of the curve, grow our economy, AND attract world-class talent:https://t.co/Vdw2UFufqx
— Mayor Eric Adams (@NYCMayor) October 14, 2025
Effective immediately via the signing of mayoral executive order #57, the office is designed to support the growth of digital assets and blockchain within New York City while encouraging investment in the city by the crypto industry.
“While we’ve been planning to launch this office for months, we wanted to make sure we got this right and interviewed extensively to fill the role of executive director prior to this announcement,” press secretary Kayla Mamelak Altus told Decrypt.
“Once we found a candidate who could execute our vision for this office, we went through our review process and made the announcement at the appropriate time,” she added.
To lead the office, Mayor Adams selected former digital assets and blockchain policy advisor, Moises Rendon. Rendon has been serving in the New York City Office of Innovation and Technology since 2024.
Under his leadership, the office will first create a commission of digital asset leaders to help guide the office's work.
“Mayor Adams’ creation of this new office proves that the future is now for digital assets and blockchain in New York City,” Rendon said in a statement. “I am honored to lead the nation’s first municipal office dedicated to successfully and responsibly deploying these technologies."
The Digital Assets Office creation follows Adams’ launch of a digital assets advisory in May, similarly designed to bring investment and talent from crypto companies to New York City as the mayor sought to make the city the “Crypto Capital of the World.”
At the time, he indicated that the city was exploring using blockchain technology for birth and death records, among other things.
Adams famously accepted his first few paychecks for his mayoral duties in Bitcoin and Ethereum in 2022, earning him the moniker of “Bitcoin Mayor” in the process. Since then, both assets have risen substantially in price, leading to Adams poking skeptics with quips like, "Who’s laughing now?"
In May, Adams called for the end to New York’s BitLicense, a regulatory license famed for its strict compliance regulations.
Mayor Adams will leave office on January 1 as he is no longer seeking reelection, having dropped out of the race in late September.
Predictors on Myriad currently give Zohran Mamdani around an 88% chance of winning the November election and assuming the office in January. That matches the odds of Polymarket’s NYC Mayoral Election market, which gives Andrew Cuomo the next-best chance of winning at around 10%.
Daily Debrief NewsletterStart every day with the top news stories right now, plus original features, a podcast, videos and more.
2025-10-14 21:251mo ago
2025-10-14 17:241mo ago
Circle and Safe Partner to Cement USDC as DeFi's Institutional Backbone
Safe secures $60B in assets and will integrate USDC as its primary stablecoin for onchain institutions.
The partnership positions Safe as the top institutional custody provider for USDC in self-custody and DeFi.
Over $2.5B in USDC is already held in Safe smart accounts across Ethereum and other chains.
Safe processed $1T in volume this year, with USDC now central to its growing institutional ecosystem.
Safe, one of the largest self-custody platforms on Ethereum, has entered a strategic partnership with Circle. The collaboration aims to make USDC the default stablecoin for institutional DeFi and treasury operations.
The collaboration aligns Circle’s regulated stablecoin framework with Safe’s infrastructure, already securing around $60 billion in assets. The move aims to give large organizations, crypto-native funds, and DAOs a scalable, trusted setup to manage capital directly onchain.
According to a press release from Circle, the integration strengthens both firms’ shared goal of advancing secure digital finance.
USDC Becomes Core to Safe’s Onchain Treasury Framework
The partnership places USDC at the heart of Safe’s ecosystem, where it already manages $2.5 billion in stablecoin holdings. The companies will build joint infrastructure to simplify onboarding and enable institutions to hold and transact in USDC with full control of their funds.
Circle stated that combining USDC’s regulated backing with Safe’s programmable smart accounts sets a new standard for institutional treasury management. By doing so, institutions gain direct access to DeFi liquidity while maintaining secure self-custody.
Safe’s co-founder Lukas Schor said the firm is positioning USDC as a central element of its product suite to meet rising demand for regulated assets in decentralized finance. The setup targets companies seeking compliance-grade infrastructure without giving up control over their crypto assets.
Safe already powers around 4% of all Ethereum transactions. The partnership builds on that foundation to attract larger financial players looking for scalable, programmable treasury tools.
Safe Strengthens Its Role in Institutional DeFi
The collaboration comes as Safe reports accelerating growth in its transaction metrics.
According to Circle’s press release, Safe processed $1 trillion in total volume, with $189.6 billion handled in the first quarter of 2025 alone. Activity across Ethereum, Base, and Arbitrum has surged, showing strong institutional adoption.
Safe also launched Safe Labs earlier this year to expand enterprise-grade custody and integrate products like USDC deeper into its operations. This effort marks a push toward formalizing Safe’s position as a key infrastructure provider in DeFi’s evolving capital markets.
The collaboration builds on mutual trust and tested infrastructure. USDC has powered over $40 trillion in onchain transactions, and Safe continues to secure some of the largest institutional wallets in crypto.
With this partnership, both companies aim to simplify how institutional money operates within decentralized systems while keeping compliance and transparency at the forefront.
New partnership announcement!@Safe, the leading onchain self-custody protocol securing approximately $60B in crypto-assets, has partnered with @circle, the leading regulated global stablecoin issuer behind @USDC and EURC.
This collaboration places USDC at the heart of Safe’s… pic.twitter.com/AWci3JN7oT
— Patrick Hansen (@paddi_hansen) October 14, 2025
According to Patrick Hansen, Circle’s Strategy Director, the partnership underscores a shift toward secure, regulated self-custody solutions for institutions moving on-chain.
2025-10-14 20:251mo ago
2025-10-14 15:111mo ago
Did The US Government Hack Crypto Wallets To Create a Bitcoin Reserve
On-chain data suggests the US may have hacked wallets linked to a $14 billion Bitcoin seizure, not just confiscated them legally.Investigators like ZachXBT found inconsistencies in the Treasury’s report, tying the wallets to a 2020 mining pool hack.If true, this signals a shift toward aggressive crypto seizures to build a US Bitcoin Reserve beyond standard legal methods.New on-chain data suggests that the US government hacked wallets for its $14 billion Bitcoin seizure. Although it indicted major criminals, the BTC in question had been taken from them five years ago.
Sleuths identified a few inconsistencies in the Treasury’s official narrative. If this is true, then law enforcement may begin aggressive seizures to fill a Bitcoin Reserve.
Sponsored
Sponsored
Did the US Hack Bitcoin Wallets?Earlier this morning, the US government’s $14 billion Bitcoin seizure attracted a lot of excitement in the crypto community. However, crypto sleuths have examined the on-chain data, discovering a few potential inconsistencies with the official story.
This led some to claim that the US actually hacked these wallets, which could radically change the story.
First of all, although the Cambodian crime ring was a pig butchering operation, it also ran other criminal and legitimate enterprises.
One of these was a Bitcoin mining pool, which was hacked in 2020. Over the last five years, these assets sat idle in wallets, and a report claimed that they had vulnerable private keys:
In other words, crypto sleuth ZachXBT made some revolutionary connections between these incidents. Today’s seizure might have had nothing to do with the Cambodian crime ring; instead, the US government may have hacked them from other hackers.
Sponsored
Sponsored
Aggressively Building a ReserveIf this is true, it might have huge implications for the US Strategic Crypto Reserve. The government holds billions in BTC, but it must reimburse most of them to their initial owners.
If, however, these funds were hacked from other indicted criminals, the US government might just keep them.
Between this unprecedented behavior and the inconsistencies in the official story, the US government might be getting more aggressive here. If buying Bitcoin to fill the Reserve becomes too expensive, the US could simply pursue hacks like this.
Did the US Hack These Bitcoins? Source: ZachXBTUntil today, US law enforcement has taken a methodical approach to all Bitcoin seizures. It took them, reimbursed them to victims if applicable, and sold them in open auction if not.
However, if the US has a new directive to acquire Bitcoin through methods like hacking, it could upend all that precedent.
In other words, Trump’s administration may be politicizing this ostensibly neutral process. Moving forward, law enforcement might take a proactive role in filling Uncle Sam’s bags.
Disclaimer
In adherence to the Trust Project guidelines, BeInCrypto is committed to unbiased, transparent reporting. This news article aims to provide accurate, timely information. However, readers are advised to verify facts independently and consult with a professional before making any decisions based on this content. Please note that our Terms and Conditions, Privacy Policy, and Disclaimers have been updated.