171,675 Shiba Inu tokens burned in the last 24 hours.
SHIB price surged by 1.32% in the last 24 hours.
SHIB is next anticipated to undergo correction.
SHIB price has risen significantly over the past 24 hours. One factor that has come up as a possible catalyst is the burning mechanism of Shiba Inu tokens. Over 171k Shiba Inu tokens were burned in the last 24 hours. Thereby, possibly triggering an uptick in SHIB price. However, future estimates anticipate a slight correction in the next 5-7 days.
SHIB Price on the Rise
Shiba Inu tokens are currently exchanging hands at $0.00001182. SHIB price is up by 1.32% in the last 24 hours, along with the 24-hour trading volume, which has surged by 40.4%. However, the price reflects a decline of 2.02% and 4.42% over the past 7 days and 30 days, respectively.
What’s coming as a sign of relief is the fact that SHIB price has formed a sideways rectangular pattern. This is potentially compiling the price of the meme coin within a confined range. This is evident from the fact that the volatility is hovering around 4.84%. Shiba Inu Oscillators are signalling a neutral hint, and so is the FGI rating of 50 points.
Shiba Inu Tokens Burned
According to a report by Shibburn, 171,675 Shiba Inu tokens have been burned over the past 24 hours. This is an increase of 146.34% in the token burning. The number compounds to 9,110,540 over the last week for an increase of 394.61%. The burning of the 2nd-ranked meme coin in the respective segment has been associated as one of the major factors for the price rise.
TOKENS BURNT
Past 24Hrs: 171,675 (146.34% ▲)
Past 7 Days: 9,110,540 (394.61% ▲)
— Shibburn (@shibburn) September 29, 2025
The total supply of the token now stands at 589.5 trillion, out of which 589.24 trillion Shiba Inu tokens are in circulating supply. The market cap is over $6.86 billion, with SHIB noting mostly green trades since the last couple of hours.
What’s Next for SHIB?
The short-term SHIB price prediction estimates the meme coin to decline by 1.24% in the next 5 days. This would take the exchange value to around $0.00001175. Tagged as a correction phase, it will possibly be followed by a surge of 16.28% from the current value. This may happen in the next 30 days, taking the SHIB price to an approximate value of $0.00001384. The 14-Day RSI is 40.33 points. The 50-Day SMA and 200-Day SMA are $0.00001276 and $0.00001315, respectively.
It is important to note that the contents of this article are neither recommendations nor advice for crypto trading. The market is subject to volatility, fluctuations, and other industry situations. Do thorough research and risk assessment before allocating a portion of the portfolio to any cryptocurrency.
Highlighted Crypto News Today:
Solana (SOL) Price Action: A Short-Lived Bounce or a Bear Trap in the Making?
Curious by nature, Ankur's core topic is Web3, but he's a versatile writer who can cover many more subjects. If you catch up with him in his free time, you'll find discussions often center around different movies and TV series. He's an easy person to talk to—you can literally chat with him about anything.
2025-09-29 16:122mo ago
2025-09-29 11:472mo ago
Binance Founder CZ Ends Speculation on Aster vs. Hyperliquid
Aster has conquered the top tier of decentralized trading, and Binance founder Changpeng Zhao — better known online as CZ — put the reason in simple terms: lower fees bring higher volumes. The effect is already clear in the numbers by DefiLlama.
In the past 24 hours, Aster cleared $84.29 billion in perpetual trading, compared with $5.59 billion on Hyperliquid. Over seven days, Aster hit $270.68 billion, ahead of Hyperliquid’s $80.52 billion.
Even on the 30-day view, Aster leads with $290.28 billion against $279.28 billion. Lighter, a smaller rival with no token yet, sits in between with $158.30 billion.
HOT Stories
The way Aster has pulled this off may be called a vampire attack. By charging less, it has snatched the "crown" away from competitors and leveraged momentum with full force. With CZ backing it as an advisor, the project has had extra credibility, and the market reaction has been explosive.
Aster token causes massive FOMOThe ASTER token jumped 8,000% in a week, pushing its market cap above $3 billion and setting off heavy FOMO across trading circles.
Aster is not slowing down. The second season of farming points is live until Oct. 5, adding more incentives on top of its already high turnover.
With $2.3 billion locked and $1.2 billion in annualized fees, it is extracting more value relative to its size than Hyperliquid, which remains bigger overall with $5.8 billion locked.
For now, Aster has become the story of the season in decentralized derivatives.
2025-09-29 16:122mo ago
2025-09-29 11:492mo ago
Jump Crypto's SIMD-0270 Upgrade to Boost Solana's Speeds – Snorter Token to 1000x?
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure
Jump Crypto (developers from Firedancer) have proposed to eliminate Solana’s fixed compute block limit.
By doing so, the Web3 infrastructure company plans to boost the network’s performance. It’ll also encourage validators with lower-end hardware to upgrade their systems for greater speed and rewards.
If all goes as planned, it could be highly beneficial for Solana-based projects. Take Snorter Token ($SNORT), for instance. It’d make its upcoming Telegram trading bot much faster and efficient, and thus possibly the next 1000x crypto.
SIMD-0370 Upgrade to Lift Solana’s 60M Compute Limit
The initiative – SIMD-0370 – would remove Solana’s 60M compute unit block. As a result, block sizes can scale based on the number of transactions that validators can process.
According to Anza (a Solana-focused research company), it’ll come on the heels of Alpenglow, a major consensus upgrade launching on mainnet this December.
Once officially live, it promises to slash transaction finality from around 12.8 seconds to just 150 milliseconds.
Source: X (Anza)
Then, SIMD-0370 will help the network to produce faster, more efficient blocks as higher-performance validators take on heavier loads to earn higher revenue.
In fact, overall throughput will continue to improve as lower-powered validators skip complex blocks until they upgrade. Think of it like a continuous cycle of optimization and growth.
Together, these upgrades could mark one of the most significant performance leaps in Solana’s history. It’ll pave the way for faster, smoother experiences for projects like Snorter Token ($SNORT).
Snorter Bot to Leverage Solana’s Low Fees & Speedy Execution
$SNORT could benefit from these upgrades with its flagship product – Snorter Bot – gearing up to launch on the Solana network.
Once debuted on Telegram this quarter, it aims to enhance traders’ standing in the highly competitive and ultra-fast cryptocurrency market.
By debuting on Solana, Snorter Bot promises to offer fees at just 0.85% (which it claims to be the network’s lowest), while delivering what it says is the highest execution speeds available.
And with SIMD-0370 poised to boost Solana’s performance even more, that edge would become all the more apparent – even though the bot is already poised to outpace competitors like Maestro and Trojan.
Source: Snorter Token
Snorter Bot’s ambitions don’t end there. It also aims to expand to Ethereum, BNB Chain, and other EVM-compatible networks, offering far more trading opportunities than the best Solana meme coins.
Regardless of which network is your go-to, the bot will enable you to access various powerful features, including automated sniping and copy trading. This way, you can easily catch the next crypto to explode to help boost your gains.
You also need not worry about falling victim to scams. Snorter Bot will be MEV-protected and include rug pull and honeypot detection alerts, ensuring you stay safe while trading.
$SNORT Hits $4.1M, Could 5x Post-Presale
$SNORT is behind it all, with 25% of its total token supply supporting ongoing developments and unlocking exclusive perks for holders. Think leaderboard rewards, DAO voting rights, and staking yields up to 114% APY.
A hefty 20% of $SNORT also goes toward marketing, so you can anticipate growing awareness and intense community hype – both of which can bolster the token’s demand and thus its price.
Source: Snorter Token
Given this, it’s no surprise $SNORT has raised $4.1M+ on presale, backed by whales investing sizable amounts, including $107.1K, $91.1K, and $59K (to highlight just a few major buys!).
These are commendable amounts, especially when considering that you can currently buy $SNORT on presale for just $0.1063.
After the bot officially goes live and expands multi-chain, our Snorter Token price prediction anticipates $SNORT to hit $0.70 this year. Therefore, now is a great time to invest for returns exceeding 558%.
Join the Snorter Token presale today.
This isn’t investment advice. Make sure you always do your own research before making crypto investments, plus never spend more than you’re willing to lose.
Authored by Leah Waters, Bitcoinist — https://bitcoinist.com/jump-crypto-to-make-solana-faster-snorter-to-1000x
Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.
2025-09-29 16:122mo ago
2025-09-29 11:492mo ago
Dogecoin Price Prediction: Massive Whale Sell-Off Hits DOGE – Should You Be Worried or Buying the Dip?
Deep-pocketed players are unloading DOGE at record speed — and here's why it might actually feed into a bullish Dogecoin price prediction.Whales have sold more than 40 million DOGE in a single 24‑hour span, sparking sharp downward pressure.
2025-09-29 16:122mo ago
2025-09-29 11:502mo ago
Bitcoin Surges Past $114K as Eric Trump Predicts an ‘Unbelievable' Q4
Bitcoin surged past $114,000 on Monday, extending a rally that has defied its usual September weakness. The move comes after bitcoin briefly tested support near $107,000 earlier this month, only to rebound over the course of the month.
The gain marks bitcoin’s strongest September since 2012, with prices up roughly 8% on the month. Technical traders note that BTC has broken out of a descending wedge formation on the short-term charts — a bullish setup that, if confirmed, could open the door to a push toward $120,000.
What makes the advance particularly notable is the backdrop of historically low volatility. Bitcoin historically underperforms in September but then surges in October, November and December.
Despite the latest breakout, bitcoin’s third-quarter performance has lagged behind its peers. BTC posted gains of about 7% in Q3 2025, a stark contrast to Ethereum’s 68% rally over the same period.
Eric Trump predicts that Q4 will be “unbelievable” Bitcoin’s rally has drawn fresh commentary from Eric Trump, executive vice president of the Trump Organization and a longtime crypto advocate.
In recent interviews, Trump reiterated his bold $1 million price target, urging investors to buy now.
“Volatility is your friend. Buy right now. Shut your eyes. Hold it for the next five years,” Trump said.
Trump argued that global monetary easing and a swelling money supply will ultimately propel bitcoin much higher. He also pointed to seasonality, noting that Q4 has historically been bitcoin’s strongest quarter, averaging gains of roughly 85% in prior cycles.
The remarks echoed his August appearance at a Bitcoin conference in Hong Kong, where he told attendees, “We haven’t even scratched the surface.”
The comments come as the Trumps have expanded their bitcoin and crypto ventures over the past year. Eric Trump and his brother Donald Trump Jr. co-founded American Bitcoin, a mining company in which the Trump siblings hold roughly 20% ownership, with the remainder controlled by Hut 8. The firm recently secured $220 million in funding and is preparing for a September Nasdaq listing via its merger with Gryphon.
Bitcoin to $200,000 this year? Historically, the fourth quarter has delivered some of bitcoin’s biggest rallies — averaging gains of about 85% between 2013 and 2024. Recent years fit the pattern: bitcoin surged 48% in Q4 2024 and 57% in Q4 2023, according to market data.
In past bull cycles, the moves were even more dramatic, with Q4 2017 delivering a 215% jump and Q4 2020 soaring 168%, each setting the stage for massive follow-through rallies.
Earlier this month, Fundstrat’s Tom Lee reiterated his $200,000 target for 2025, and prediction markets still assign a small probability of hitting that milestone by year-end.
Adding fuel, monetary policy appears to be turning supportive: with the Federal Reserve cutting interest rates, risk assets — including crypto — could be poised for another late-year rally.
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.
2025-09-29 16:122mo ago
2025-09-29 11:542mo ago
Bitcoin Going to Crash? US Dollar Index Hints at Move Up
Bitcoin showing weakness as US Dollar Index attempts retrace, threatening further downside if dollar strength continues
Cover image via U.Today
Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.
There is a major connection between Bitcoin and the United States Dollar. For traders, the Dollar Index (DXY) has always had a complicated relationship with the digital gold. As global investors gravitate toward safer assets, Bitcoin has historically tended to decline when the dollar gains strength. This pattern may recur according to the most recent charts, with Bitcoin lingering at precarious support levels and the DXY possibly staging a recovery.
U.S. Dollar gaining strengh?After months of consistent decline, the Dollar Index, or DXY, is currently trading close to 98.9 and is making an effort to recover. The index is getting closer to the 100-day EMA after testing the 50-day EMA recently. The recent rebound suggests that dollar strength may not yet be complete, even though the overall trend is still bearish and the 200-day EMA is still pointing downward.
BTC/USDT Chart by TradingViewRisky assets, especially Bitcoin, may be under pressure if DXY moves higher toward the psychological 100.0 level. Conversely, Bitcoin’s chart demonstrates glaring vulnerability. Between the 100-day and 200-day EMAs, Bitcoin is consolidating at about $112,000 at this time. Volume has been dropping since the peak above $128,000, and the mid-September bounce from the 200 EMA lacked conviction. At 49, the RSI is neutral and does not indicate an oversold situation that would lead to a significant reversal.
HOT Stories
Bitcoin's retreatBitcoin could retreat back toward the $106,000 support zone, which is indicated by the 200 EMA, if DXY continues to rise. The main conclusion is that the inverse relationship is still present: weaker Bitcoin performance is frequently the result of a stronger dollar. Traders should keep an eye on DXY’s movements in the resistance zone between 100 and 101 points. The dollar may break through, causing increased selling pressure on Bitcoin and a test of lower support levels.
On the other hand, Bitcoin may regain breathing room for another upward push if DXY falters and returns to its wider downward trend. The Dollar Index is currently showing early indications of strength, which, if momentum continues, could be problematic for Bitcoin. It is possible that a DXY breakout will serve as the impetus for the next significant decline of Bitcoin.
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2025-09-29 16:122mo ago
2025-09-29 11:552mo ago
Washington could still derail XRP's $173 billion US comeback in its breakout year
The probability of a US government shutdown has climbed to levels not seen in years, with prediction market Kalshi pricing a 73% chance that lawmakers fail to pass a funding bill before the Oct. 1 fiscal deadline.
2025-09-29 16:122mo ago
2025-09-29 11:582mo ago
3,859,993,178 SHIB Shorts Liquidated in Surprise Crypto Rebound: What's Next?
Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.
Crypto markets rebounded over the weekend as short covering fueled gains across altcoins.
Major altcoins, including Shiba Inu, have climbed in the last 24 hours, partially reversing last week's sell-off. About $433.28 million in crypto liquidations were recorded in this time frame, mostly from short positions. According to CoinGlass data, $330 million were liquidated in short positions, while longs came in at $104.76 million.
At press time, SHIB was trading up 3% in the last 24 hours to $0.00001209. Shiba Inu surged to a high of $0.00001224 during Sunday's trading session.
HOT Stories
The move follows Saturday's drop to a low of $0.00001172, catching shorts unaware. According to CoinGlass data, 3,859,993,178 SHIB in short positions have been liquidated in the last 24 hours.
Given that Shiba Inu has seen mixed price performance in recent hours, a substantial amount of long liquidations also occurred. A total of $91,880 in Shiba Inu positions were liquidated in the last 24 hours. Longs accounted for $46,310, and shorts came in at $45,570.
Big week ahead?This week, investors are looking ahead to several economic releases, including a key jobs report.
The highlight of the week will be the nonfarm payrolls for September, set to be released on Friday morning by the Bureau of Labor Statistics.
Economists expect Friday’s jobs report to show 59,000 jobs added, and for the unemployment rate to remain steady at 4.3%, with a negative reading not being ruled out.
The report is expected to influence the path of monetary policy, with traders pricing in two more interest rate cuts for the rest of 2025, in line with what the Fed indicated in its last meeting.
2025-09-29 16:122mo ago
2025-09-29 11:592mo ago
Pi Coin price prediction: What needs to happen for PI to hit $1?
Pi Coin price prediction analysts note PI trading around $0.266, with momentum fading due to lack of a fully open mainnet and exchange listings.
Support at $0.26 remains key — holding this level could enable a short-term move toward $0.30–$0.35.
Breakdown below $0.26 may trigger losses toward $0.22–$0.24.
$1 price target remains unrealistic without a live mainnet, ecosystem utility, or transparent development progress.
Outlook is neutral, with upside tied to speculative events and downside risks increasing due to retail fatigue and regulatory concerns.
Pi Coin had a lot of people excited, but after launching with a lot of ups and downs, it’s now around $0.266. The main problem? There’s still no full open mainnet, which is holding things back.
Now, folks are asking if this project will actually take off or just fizzle out.
Pi Coin price prediction market info
As of September 29, Pi Coin (PI) is holding near the $0.266 level after several weeks of sideways trading. Initial excitement has cooled, and trading volumes have steadily declined as speculators lose interest in the absence of concrete developments from the Pi Network team.
PI 1-day chart, September 2025 | Source: crypto.news
The lack of transparency and progress toward open mainnet deployment further dampens market enthusiasm. With price action consolidating, the next move will likely hinge on technical levels and market sentiment shifts.
Positive factors on PI price
From a technical perspective, the $0.26 support zone remains intact for now. Maintaining this level could pave the way for a recovery toward the $0.30 resistance area. A confirmed breakout above $0.30, especially if volume increases, would likely target $0.35 in the near term.
While some Pi Coin price predictions suggest a long-term price of $1 or higher, these remain improbable in the absence of a functional mainnet, clear utility, or an established ecosystem.
Downside risks for PI
Pi Coin still has a shot at going up, but the bears are pushing hard. If it breaks down below $0.26, that could trigger more selling and drop the price to $0.22–$0.24 — a key support zone that’s also its lowest point so far.
Here’s the bigger picture:
Many retail investors are losing patience because of delays.
The project’s credibility is under question — it’s starting to feel more like hype than a real blockchain.
There’s growing regulatory pressure on tokens that don’t offer much real use.
The Pi Coin outlook looks uncertain. Without real milestones, those $1 predictions feel pretty out of reach.
Pi Coin price prediction based on current levels
At the moment, Pi Coin is sitting at a key decision point:
A breakout above $0.30 could lead to a move toward $0.35, assuming volume and momentum confirm the shift.
Conversely, a drop below $0.26 could push the price down to the $0.22–$0.24 zone, particularly if the project continues to lack communication and development progress.
The Pi Coin outlook remains neutral. Any short-term upside is largely tied to hype, exchange rumors, or long-delayed announcements.
Until there’s a live mainnet and demonstrated utility, reaching $1 remains highly unlikely.
Conclusion
To conclude, while there’s technical room for Pi Coin to reach $0.35 in the near term, the expectation of a $1 price tag is largely a projection, not a probability based on current fundamentals.
With limited updates and no clear roadmap from the Pi Network team, investor caution is justified.Any Pi Network forecast on the bullish side should factor in the high level of risk and the lack of fundamental support.
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.
2025-09-29 16:122mo ago
2025-09-29 12:012mo ago
Few Control Majority of Bitcoin Supply, Study Reveals
In a striking revelation, researchers have uncovered that just under 20,000 addresses control more than 60% of Bitcoin's total supply. This discovery, made by Sani, the co-founder of Time Chain Index—a prominent platform specializing in bitcoin onchain metrics—highlights a significant concentration of wealth within the cryptocurrency's ecosystem.
2025-09-29 16:122mo ago
2025-09-29 12:032mo ago
Dogecoin Price Stages Big Rebound as Volume Rockets 65%
Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.
Dogecoin (DOGE), the king of meme coins, has staged a big rebound as the volume recorded a massive uptick in the last 24 hours. DOGE’s price has climbed by over 2.55%, higher than Bitcoin’s 2.5%. CoinMarketCap data shows Dogecoin’s volume has skyrocketed by more than 65% within this period.
Is SEC decision on DOGE ETFs behind market optimism?Dogecoin is witnessing this level of volume increase as the market anticipates key decisions from the U.S. Securities and Exchange Commission (SEC). Notably, the SEC has a deadline to rule on over a dozen DOGE exchange-traded funds (ETFs). The SEC has to decide on these applications in October.
The volume spike might be a sign that investors are actively accumulating the meme coin in anticipation of a possible approval. Many believe that an approval could increase institutional adoption and trigger further price increases.
Polls on the crypto market have placed the approval chances of the spot DOGE ETF at 92%.
Additionally, the Altcoin Season Index has increased to 66, signaling more funds are rotating from Bitcoin to assets like DOGE.
As of press time, the Dogecoin price was changing hands at $0.2369, which represents a 3.27% increase in the last 24 hours. The meme coin, within this time frame, rose from a low of $0.2292 to a peak of $0.2375, suggesting potential for higher price levels.
Dogecoin Daily Price Chart | Source: CoinMarketCapThe trading volume has soared by 80.25% to $2.35 billion as market participants are gripped by a fear of missing out (FOMO). They are likely accumulating the asset as the price is still below the critical $0.30 level.
If DOGE can break out above this price resistance level, the meme coin could proceed to post impressive gains. Some believe that this might be the last opportunity for investors to buy Dogecoin cheaply, as prices could soar astronomically if technical patterns align.
Utility push adds long-term value for DogecoinMeanwhile, Timothy Stebbing, Director, Dogecoin Foundation, is pushing for more utility for the meme coin. Stebbing argued that increased utility will drive the adoption of DOGE in the broader financial space. The goal is to ensure that DOGE gains acceptance and pulls in more users to the ecosystem.
The meme coin’s golden cross formation could support its upward movement and allow it to exit bear traps in the market. Dogecoin is likely to surge past $0.50 if a bullish breakout occurs, and the leading cryptocurrency, Bitcoin, records a surge too.
2025-09-29 16:122mo ago
2025-09-29 12:052mo ago
Bitcoin Holds $110K as Traders Eye Key Levels and “Uptober” Momentum
Bitcoin hovered around $110,000 on Sunday evening after a turbulent September, with traders weighing ETF outflows, technical support, and macroeconomic pressures. The market has entered consolidation mode, with volatility easing and traders watching for direction. With October approaching, the focus turns to whether “Uptober”—a month often associated with positive crypto momentum—will ignite the next breakout.
In brief
Bitcoin stabilizes at $110K after a volatile week, with traders eyeing key support at $107K and resistance near $113K.
A break above $113K could fuel a rally toward $115K–$120K, while a drop below $107K risks a slide toward $105K or lower.
Market sentiment has cooled, with fear rising, ETF outflows noted, and traders awaiting a catalyst for clear direction.
October’s “Uptober” narrative could reignite bullish momentum if macroeconomic signals align with softer policy conditions.
Bitcoin Holds $110K Amid Volatile Week, Key Support and Resistance Levels in Focus
On Sunday, Bitcoin traded between $110,324 and $110,595. This came after a volatile week that saw the asset fall about 4–5% compared to the prior week. The biggest drop came on September 26, when Bitcoin slipped from around the $115,000 region to $109,000, wiping out billions in leveraged long positions. As expected, the reset cooled excessive bullish bets and left the market resting on firm support.
Here’s what technical and on-chain trends show:
Support levels: Bitcoin is holding firm between $107,000 and $108,700. This zone has acted as a key floor, with buyers consistently stepping in to defend it.
Downside risk: A clean break below that support could shift momentum, opening the path toward $105,000 and, in a deeper sell-off, even $100,000.
Resistance levels: Overhead resistance lies between $112,000 and $113,000, a band that has capped upside attempts in recent sessions.
Upside potential: A decisive move above that resistance range could clear the way for a retest of $115,000, with room to extend toward the $120,000 threshold.
Technical indicators remain mixed, with the RSI hinting at bullish divergence, while the MACD shows a bearish lean on higher time frames. Market commentators note that as long as Bitcoin holds $110,000, the broader bullish channel is still intact.
Market Reset: Caution Prevails as Traders Await Clear Direction
Even though market sentiment has cooled, broader trends indicate that the overall outlook has not collapsed. The Fear & Greed Index has declined into the ‘fear’ zone, while open interest has moderated but remains present. At the same time, social sentiment is cautious, a setup that has historically preceded surprise rallies if resistance breaks.
Spot Bitcoin ETFs also saw notable outflows last week, while whales shuffled coins between wallets and exchanges. This activity added to market volatility but left Bitcoin’s long-term outlook unchanged. In essence, positioning has been reset, traders remain cautious, and the market is awaiting a clear signal for direction.
Bitcoin Range-Bound Ahead of October
Bitcoin continues to trade in step with equities, with U.S. dollar strength, Federal Reserve commentary, and economic data such as PCE inflation shaping direction. Assuming policymakers signal softer conditions heading into October, the “Uptober” narrative could gain support. If not, sideways price action may continue.
Analysts anticipate price action to remain range-bound between $105,000 and $113,000 until a catalyst emerges. To build a bullish case, Bitcoin must hold above $107,000, reclaim the $112,000–$115,000 zone, and then target $120,000. Conversely, a bearish scenario would unfold if $107,000 breaks decisively, potentially driving the asset down to $105,000 or lower.
In the near term, bitcoin is expected to remain range-bound, with traders watching $107,000 on the downside and $112,000 on the upside as key levels. A sustained move above resistance could open the way toward $115,000 and $120,000, while a break below support risks a slide toward $105,000.
At the time of writing, Bitcoin is exchanging hands at around $112,000 following a modest intraday uptick. Market participants are now looking to October—historically a strong month—to see whether consolidation gives way to renewed momentum.
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James G.
James Godstime is a crypto journalist and market analyst with over three years of experience in crypto, Web3, and finance. He simplifies complex and technical ideas to engage readers. Outside of work, he enjoys football and tennis, which he follows passionately.
DISCLAIMER
The views, thoughts, and opinions expressed in this article belong solely to the author, and should not be taken as investment advice. Do your own research before taking any investment decisions.
2025-09-29 16:122mo ago
2025-09-29 12:052mo ago
Bitcoin's Hashrate Explosion Fuels Historic Security for Merge-Mined Chains
Bitcoin's hashrate hit beast mode this week, flexing a record-smashing 1,109 exahash per second (EH/s) as the network cranked its computational biceps harder than ever.
2025-09-29 16:122mo ago
2025-09-29 12:082mo ago
HBAR Climbs on Strong Volume, Testing Resistance Near $0.217
Hedera’s native token posted a 2.37% gain over the past 24 hours, with surging volumes reinforcing bullish momentum despite broader market uncertainty.Updated Sep 29, 2025, 4:08 p.m. Published Sep 29, 2025, 4:08 p.m.
HBAR displayed notable resilience in the past 24-hour trading window, oscillating within a narrow range of $0.2104 to $0.2172. The most significant movement emerged late on Sept. 28, when the token surged from $0.2139 to $0.2168 on volume nearly double the daily average. This sharp rise established clear resistance near $0.2172 as trading activity spiked to 59.92 million tokens, underscoring heightened market participation.
Following this upswing, HBAR entered a consolidation phase, stabilizing between $0.2144 and $0.2168 before retreating to $0.2131 by midday Sept. 29. The asset found reliable support at that level, subsequently rebounding to $0.2160, highlighting steady demand. Late-session activity saw another bullish burst, with prices climbing from $0.2132 to $0.2164 within an hour, supported by strong volume flows that reinforced momentum.
STORY CONTINUES BELOW
The rally comes against a backdrop of heightened market uncertainty, where digital assets like HBAR have attracted institutional attention. Investors continue to gravitate toward blockchain infrastructure projects, such as Hedera, as potential hedges amid volatility in traditional financial markets.
HBAR/USD (TradingView)
Technical Indicators Underscore Bullish Momentum CharacteristicsHBAR exhibited considerable bullish momentum throughout the preceding 24-hour period from 28 September 15:00 to 29 September 14:00, advancing from $0.21 to $0.22 representing a 2.37% appreciation.The overall trading range encompassed $0.01 (2.78%) between the absolute minimum of $0.21 and maximum of $0.22.Notable volume surges during critical breakthrough periods at 22:00 and 13:00 hours reinforced the sustained upward trajectory despite periodic consolidation phases.Disclaimer: Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards. For more information, see CoinDesk's full AI Policy.
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Sep 9, 2025
Combined spot and derivatives trading on centralized exchanges surged 7.58% to $9.72 trillion in August, marking the highest monthly volume of 2025
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Combined spot and derivatives trading on centralized exchanges surged 7.58% to $9.72 trillion in August, marking the highest monthly volume of 2025Gate exchange emerged as major player with 98.9% volume surge to $746 billion, overtaking Bitget to become fourth-largest platformOpen interest across centralized derivatives exchanges rose 4.92% to $187 billionView Full Report
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FTX Payouts, U.S. Tariffs, Nonfarm Payrolls: Crypto Week Ahead
il y a 40 minutes
Your look at what's coming in the week starting Sept. 29
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You are reading Crypto Week Ahead: a comprehensive list of what's coming up in the world of cryptocurrencies and blockchain in the coming days, as well as the major macroeconomic events that will influence digital asset markets. For an updated daily email reminder on what's expected, click here to sign up for Crypto Daybook Americas. You won't want to start your day without it.
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2025-09-29 15:122mo ago
2025-09-29 10:172mo ago
Anoma launches on Ethereum with governance and token
Anoma launched phase one of its mainnet on Ethereum Monday, activating its native XAN token and on-chain governance system.
The release kicks off proposal submission and a new two-body governance voting structure. Any user can lock XAN to join the “voter body,” while a governance council — a multisig composed of early contributors — can also propose changes, according to Anoma co-founder Adrian Brink.
“Either body can propose an upgrade, which takes at least two weeks to be passed,” Brink told Blockworks. “There’s no special body with superuser rights…The voter body can veto any proposal initiated by the council.”
Real decentralization will hinge on initial distribution and turnout. Without broad float and active delegates, early governance is likely to be insider-led even if the council lacks special powers. Vesting tokens are eligible to vote.
The treasury contract is deployed but not yet activated. Brink said the goal of this early governance phase is to allow the community to “conduct a proper decentralized launch.” Additional system features — including protocol adapters and third-party app support — will come online through governance decisions over time.
Unlike a layer-1 blockchain, Anoma describes itself as an “intent-centric” decentralized operating system. In marketing-speak, it aims “to become Web3’s unified operating system” — running on top of L1s such as Ethereum, Bitcoin and Solana.
Users express their intent — for example, a user could express an intent to swap ETH to USDC with a minimum-received threshold, a deadline, and a slippage cap — which solvers match and fulfill across chains. Execution happens on native settlement layers via “protocol adapters” deployed to each chain.
Those adapters are live on testnets for Ethereum, Optimism, and Arbitrum, but are not yet available on mainnet.
“The protocol adapter has one final audit that needs to be completed,” Brink said. “Then the community can decide to enable it on mainnet.” Once approved, developers will be able to deploy applications that run seamlessly across all connected chains without duplicating code or upgrade processes.
Anoma also recently introduced AnomaPay, a cross-chain stablecoin router designed to convert tokens into a recipient’s preferred currency while preserving user privacy via zero-knowledge proofs. Instead of launching a consumer-facing payments app, AnomaPay is positioned as infrastructure — “connective tissue” that routes stablecoin payments across chains and provides enterprise-grade data protection, according to the launch materials.
Built in partnership with stablecoin issuer Noble, AnomaPay is currently live on devnet and targeting institutional integrations ahead of mainnet deployment. “Apps like AnomaPay can begin launching on mainnet as soon as the protocol adapter is live,” Brink confirmed.
Today, the XAN token supports payments, fee settlement, and governance participation. Brink described the token as “the coordination mechanism for the Anoma community and ecosystem,” and said future use cases could include solver staking, slashing, or service commitments — but emphasized that “the community can choose to add new functionality” as the system evolves.
There is also an airdrop, which has so far received a tepid response.
Anoma plans to expand to Base, Optimism, and Arbitrum next, followed by non-EVM chains like Bitcoin and Solana. Gas abstraction is native, allowing users to pay fees in any supported token without needing the destination chain’s native asset. “There’s no reason not to have gas abstraction now, as we have the technology to make it work,” Brink said.
Key upcoming milestones include publishing contract and governance council details, completing the adapter audit, and initiating the governance vote to unlock mainnet app deployment.
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2025-09-29 15:122mo ago
2025-09-29 10:172mo ago
Ripple Price Analysis: Is XRP in Danger of Falling to $2.5 This Week?
XRP has been consolidating in a relatively narrow range against both USDT and BTC.
Despite some bearish pressure recently, key support levels continue to hold for now.
Yet, the time for the price to make up its mind is near.
XRP Price Analysis: Technicals
By Shayan
The USDT Pair
XRP is still trapped within a falling wedge pattern after its failure to break above the $3.60 resistance zone earlier this quarter. Price action has been squeezing lower highs into a flat support base just above the $2.60 region.
The price recently tested this support cluster that aligns with the 100-day and 200-day moving averages, and bounced back toward the wedge’s upper boundary.
While this reaction is promising in the short term, XRP still remains inside the wedge. A decisive daily close above $3.00 would be the first sign of strength, but bulls still need to clear the $3.20 level, which aligns with the recent high to open up a larger move to the upside.
The BTC Pair
Against Bitcoin, XRP continues to trade above the 200-day moving average and is holding the 2,500 SAT support zone. The bullish crossover between the 100 and 200 MAs remains intact, which is a positive mid-term signal.
Despite some wicks below the key zone, XRP is now hovering above both moving averages. The price is compressing between the 2,500 SAT support and the 2,700 SAT resistance levels. A breakout above this range would likely push XRP back toward the 3,000 SAT area, while a breakdown risks a drop toward the 2,000 SAT level, which is the base of the recent bullish move.
The RSI also remains neutral at 47, suggesting there is room to move in either direction. As of now, the pair looks stable but lacks strong momentum. A breakout from this consolidation will define the next move.
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2025-09-29 15:122mo ago
2025-09-29 10:202mo ago
Under Pressure: XRP Price Dances Between Breakout and Breakdown
XRP walked into Monday like it owned the crypto catwalk, holding steady between $2.85 to $2.928 over the last hour with a market cap clocking in at $171 billion. Over the last 24 hours, the token boogied between $2.78 and $2.92, backed by a strong trading volume of $3.
2025-09-29 15:122mo ago
2025-09-29 10:222mo ago
Breaking: XRP, SOL, ADA, DOGE, and LTC ETF Filings to Be Withdrawn
ETF issuers are set to start withdrawing their XRP, SOL, ADA, DOGE, and LTC filings as early as this week
Cover image via stock.adobe.com
The U.S. Securities and Exchange Commission (SEC) has reportedly asked exchange-traded fund (ETF) issuers to withdraw their 19b-4 filings for XRP, Litecoin (LTC), Solana (SOL), Cardano (ADA), and Dogecoin (DOGE) ETFs.
This comes after the SEC recently approved new generic listing standards for commodity-based ETFs, including cryptocurrency-based ones.
Issuers will start withdrawing their applications as early as this week, meaning that it is only a matter of time until such ETFs will become publicly tradable.
Massive change Normally, each ETF has to be approved under Section 19(b) of the Securities Exchange Act of 1934. The approval process is usually lengthy and daunting.
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Now, however, if a certain product meets specific eligibility criteria, it can secure a much-coveted listing at a much faster pace. Such commodities are supposed to have CFTC-regulated futures contracts (among some other requirements).
Earlier, multiple analysts predicted that the new listing standard would unleash a wave of new spot cryptocurrency ETFs.
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2025-09-29 15:122mo ago
2025-09-29 10:252mo ago
Europe's Capital B Buys 12 More BTC, Total Holdings Hit 2,812 Bitcoin Worth $314M
Capital B acquired 12 additional Bitcoin for €1.2 million, bringing the European company's total holdings to 2,812 BTC worth over $314 million as of September 29 through a capital increase with strategic partner TOBAM.
2025-09-29 15:122mo ago
2025-09-29 10:262mo ago
Sui, Ethena, EigenLayer face $339M token unlocks as traders eye ‘Uptober' rally
Sui, Ethena and EigenLayer are preparing for large token unlocks this week totaling approximately $339 million, introducing fresh supply to the market.
Traders are watching these developments closely as Bitcoin, Ethereum, and BNB trade at high levels, creating conditions for an “Uptober” rally.
Market participants are balancing potential price pressure from new token releases with optimism around broader crypto gains in early October.
Sui, Ethena, and EigenLayer are among the leading cryptocurrencies experiencing cliff token unlocks by value this week. With Bitcoin above $112,000, Ethereum holding at $4,100, and BNB surpassing $1,007, investors are turning their attention to potential risk-on momentum. The combination of rising prices for top coins and fresh token releases is fueling anticipation for an “Uptober” rally, where early gains could extend across select altcoins and attract additional trading interest.
Traders Weigh Token Unlock Risks And Opportunities
SUI, the native token of the high-throughput Sui blockchain, is trading near $3.31, reflecting a 6% increase over the past 24 hours but down 1.7% over the week. The upcoming cliff release on October 1, 2025, will introduce 44 million tokens valued at $143.8 million, approximately 1.2% of circulating supply. Analysts note that most SUI allocations remain locked under long-term vesting schedules, reducing the likelihood of immediate market disruption. Short-term support may appear near $2.90, while ongoing ecosystem developments, upcoming DeFi integrations, and strategic partnerships could help stabilize prices.
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Ethena and EigenLayer are set to follow similar unlock patterns. ENA will see 212.5 million tokens released, worth around $126.7 million or 3.2% of circulating supply, with key levels between $0.55 and $0.65. EigenLayer’s EIGEN unlock involves 36.82 million tokens valued at $68.5 million, representing 13.7% of its circulating supply. Early investor allocations dominate these releases, and analysts project support near $1.70. Positive catalysts such as EigenCloud expansions, Google Cloud partnerships, and Ethereum ecosystem traction may create upside momentum, potentially driving EIGEN above $2.10 and toward $3, attracting broader market participation in the process.
Market Sentiment Could Shape Uptober Outcomes
Fresh supply is not the only factor influencing prices. Overall risk appetite and macro crypto sentiment remain key. With Bitcoin, Ethereum, and BNB trading at elevated levels, traders are evaluating whether the market can absorb additional tokens without triggering sell-offs. Analysts suggest cautious optimism: tokens with structured vesting schedules and strong ecosystem fundamentals may benefit from renewed investor interest, supporting an extended Uptober rally across high-potential altcoins and encouraging new market entrants.
2025-09-29 15:122mo ago
2025-09-29 10:282mo ago
Plasma Attracts Capital Quickly and Gears Up to Compete with TRON
Plasma amassed $5.6B in TVL in its first week, surpassing Arbitrum and Base, and is now close to overtaking TRON in liquidity.
Its growth is driven by lending and savings vaults holding $3B, with Aave and Plasma Savings Vaults leading the way.
The XPL token pulled back from $1.67 to $1.33 but maintains $5B in trading volumes and projections of up to $2.50 thanks to its low float.
Plasma, the new Tether-backed stablecoin ecosystem, is capturing liquidity at a rapid pace and threatens TRON’s position as the leading network for USDT settlement.
In its first week of operations, the network already surpassed Arbitrum and Base in total value locked and now sits just behind TRON, which holds $6.1B. According to DeFiLlama, Plasma has accumulated $5.6B, though the protocol itself claims to have exceeded $7B in inflows.
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What Drives Plasma’s Success?
The main growth engine has been its lending and savings vaults. The USD Vault drew in $212M in its first days, much of it from a wallet linked to Bitfinex. After some withdrawals, it now holds $44M, while other vaults have accumulated as much as $3B in liquidity. Aave has become the leading app, with Plasma Savings Vaults following closely behind.
Plasma’s rapid expansion is supported by its appeal as a zero-fee network hosting a native version of USDT. If the current pace continues, the chain could overtake TRON and move closer to BSC, which holds more than $7B in TVL. Some analysts already compare it to Solana in terms of liquidity and growth potential.
XPL Token Performance
The native token XPL has mirrored this expansion, though with notable volatility. After peaking at $1.67 over the weekend, it fell back to $1.33. Trading volume is concentrated on Binance with $2.56B, followed by $1.37B on OKX and $763M on Hyperliquid. On the latter, 56% of whales are holding long positions, including a leveraged $6.6M long that generated nearly $1M in unrealized gains.
XPL remains in price discovery. The token has no unlocks until 2026, keeping its circulation low and feeding a narrative of accumulation. It already has more than 15K holders on its BSC version and an open interest of $1.6B, just below its peak of $1.86B. With projections of up to $2.50, XPL remains directly tied to Plasma’s performance and the appeal of a network aiming to compete for dominance in the stablecoin market
2025-09-29 15:122mo ago
2025-09-29 10:302mo ago
3 Altcoins To Watch In The First Week Of October 2025
Jupiter (JUP) trades at $0.426 after a 23% monthly loss; upcoming lending launch could drive recovery toward $0.475–$0.507 if demand builds.Celo (CELO) trades at $0.252 near its $0.236 all-time low; the Sepolia testnet upgrade may boost sentiment and push price to $0.267–$0.287.Onyxcoin (ONYX) trades at $0.0106 with support at $0.0103; Goliath testnet launch and Bitcoin correlation could fuel a rally to $0.0128.As the month of October begins, the Q3 2025 is also set to begin which is usually a strong month for the crypto market. This is usually when the altcoin season starts to hype up and rather small and obscure coins pick up traction as well.
Given external factors majorly play into this growth, BeInCrypto has analysed three altcoins that the investors should be watching in the coming week.
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Jupiter (JUP)
JUP’s price has recorded a steep 23% monthly loss, now holding at the $0.426 support level. The altcoin appears to be bouncing off this critical floor, but sustaining a recovery will require strong investor backing.
Investor optimism could return as Lending on the Jupiter exchange is set to launch this month. The introduction of this feature is expected to attract new capital and market participants, creating additional demand for JUP. This development could provide the catalyst needed for the token’s value to recover further.
Want more token insights like this? Sign up for Editor Harsh Notariya’s Daily Crypto Newsletter here.
JUP Price Analysis. Source: TradingView
With added investor interest, JUP price could climb toward $0.475 and potentially test $0.507. However, failure to breach these resistance levels may leave the altcoin consolidating between $0.475 and $0.426.
Celo (CELO)
CELO is trading at $0.252 after suffering a 24% monthly decline, mirroring losses seen in JUP. The altcoin now sits dangerously close to its all-time low of $0.236, a level last tested three months ago, raising concerns about further downside risks if bearish pressure persists.
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Celo is preparing for a major upgrade, with the Baklava and Alfajores testnets under Holesky scheduled for deprecation by the end of September. From then on, all testing and integrations will transition to Celo Sepolia, the new Ethereum Layer 2 testnet. This shift could boost developer activity and investor sentiment.
CELO Price Analysis. Source: TradingView
The upgrade may help CELO climb from $0.252 toward $0.267 and potentially $0.287 if bullish momentum strengthens. However, without supportive market conditions, CELO could fail to rally and instead drop back to its all-time low of $0.236, which would invalidate the short-term bullish outlook.
Onyxcoin (ONYX)
Onyxcoin is preparing for the launch of its long-awaited Goliath testnet, scheduled for late September or early October. The development has been in progress for months, and its rollout could be the catalyst needed to restore momentum.
The launch could help revive investor interest in XCN, which is trading at $0.0106 while struggling to maintain support above $0.0103. Despite recent weakness, Onyxcoin maintains a strong 0.77 correlation with Bitcoin, suggesting its price trajectory could closely mirror broader crypto market movements in the short term.
XCN Price Analysis. Source: TradingView
If Bitcoin continues to rise and the Goliath testnet delivers as expected, XCN could rally toward $0.0128. However, if bullish support fails to materialize, the altcoin risks slipping below $0.0103 and potentially falling further to $0.0095, which would invalidate the optimistic price outlook for Onyxcoin.
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.
2025-09-29 15:122mo ago
2025-09-29 10:312mo ago
Ex-Ripple exec joins Algorand Foundation as CTO to reboot its L1 strategy
Ethereum is currently trapped between strong higher-timeframe support and heavy resistance left behind by the recent breakdown.
Bulls must defend the $3.9K base to keep the broader uptrend intact, while reclaiming the $4.2K resistance band would provide confirmation for a continuation move toward the previous highs.
Technical Analysis
By Shayan
The Daily Chart
On the daily timeframe, ETH has pulled back from its recent peak into a critical support confluence, including the 100-day moving average and the ascending channel’s lower boundary around $3.8K. Despite the recent sell-off, the cryptocurrency remains above the 200-day moving average, which continues to serve as a longer-term bullish anchor.
The rejection from the order block near $4,600–$4,700 has left the market vulnerable to short-term downside pressure. However, as long as the price holds above $3.8K–$3.9K, there remains scope for recovery. A sustained daily close back above the order block would likely trigger renewed bullish momentum.
Source: TradingView
The 4-Hour Chart
On the 4-hour chart, Ethereum sharply declined into the $3,800–$3,900 demand region, which overlaps with the channel’s lower boundary, and quickly attracted buyers. This bounce has lifted the price toward the $4,200 zone, where short-term resistance is now being tested.
Above this level, the $4,300–$4,400 range stands out as the next critical resistance, aligning with the decision point (DP) and key Fibonacci retracements.
A failure to reclaim momentum above $4,200 could force ETH into further consolidation, or even another retest of the $3,800 demand block. Conversely, a clean breakout would pave the way for ETH to revisit higher resistance zones, ultimately targeting the $4,600–$4,700 order block.
Source: TradingView
Sentiment Analysis
By Shayan
The liquidation heatmap highlights that Ethereum’s recent decline triggered a long squeeze, wiping out a dense cluster of overleveraged positions just below $3,900 before rebounding.
Currently, ETH is pressing against the $4,200 resistance, where another dense liquidity cluster has formed. This zone represents both a hurdle and a magnet for price action. If Ethereum successfully breaks above this area and clears the liquidity overhead, the next major concentration lies above the $4,700 swing highs.
This makes a liquidity sweep of those highs increasingly likely, as the market tends to gravitate toward such pools. In short, while buyers must first absorb the supply at $4,200, the larger liquidity resting above $4,700 suggests Ethereum’s path of least resistance remains tilted upward.
Source: Coinglass
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2025-09-29 15:122mo ago
2025-09-29 10:342mo ago
XRP Bull Flag Sparks $4 Breakout Hopes as Ledger Nears 100M Milestone
XRP Bull Flag Signals Potential Breakout Toward Historic $4 MilestoneAccording to on-chain metrics provider Bitcoinsensus, XRP may be gearing up for one of its most significant moves yet.
Source: BitcoinsensusThe token is currently forming a classic bull flag pattern, a technical setup often seen as a precursor to strong upward momentum. If confirmed, the next breakout could push XRP above $4 for the first time in its history.
A bull flag forms when an asset makes a sharp rally (the “flagpole”) followed by a period of consolidation in a downward-sloping channel (the “flag”). This consolidation often serves as a pause before the asset resumes its upward trajectory.
As a result, traders view this as a bullish continuation signal, with the potential for explosive follow-through once resistance levels are broken.
For XRP, the $4 level carries psychological and technical weight. Breaking above this mark would not only set a new all-time high from the current $3.65, but also reinforce the broader bullish sentiment surrounding the XRP Ledger’s growing ecosystem.
On-chain data indicates strong support levels remain intact, with significant accumulation occurring during the consolidation phase. This suggests that large holders and institutional players may be positioning ahead of a breakout.
If XRP does cross the $4 threshold, it would mark a historic milestone and potentially open the door to higher valuations as bullish sentiment accelerates with the present price standing at $2.89.
Bitcoinsensus predicts that a measured move from the current bull flag projection could target even higher levels, further cementing XRP’s role as a leading digital asset in the market.
XRP Ledger Nears 100M Accounts, Marking a Milestone in Global AdoptionAccording to recent data from on-chain analytics provider CryptoQuant, the XRP Ledger (XRPL) is approaching a major milestone, with its total account count now standing at roughly 99.1 million.
Source: CryptoQuantThis puts the decentralized blockchain network just shy of crossing the historic 100 million threshold, marking a testament to its sustained adoption and relevance within the digital asset ecosystem.
The steady rise in accounts highlights a consistent upward trend over recent months, suggesting that the XRPL continues to attract new participants, developers, and institutional interest. While market volatility has often dominated headlines, this growth in user adoption offers a different perspective on the long-term resilience of the network.
The XRP Ledger, launched in 2012, has established itself as one of the most reliable and scalable blockchain platforms, designed specifically for fast, low-cost transactions and cross-border payments.
Its ability to settle transactions in just a few seconds with minimal fees has made it particularly attractive to both retail users and enterprise-level applications. This strong utility case is likely a driving factor behind the network’s steady expansion.
Approaching 100 million accounts is not merely a numerical achievement but also a reflection of the XRPL’s role in shaping the broader blockchain landscape.
For comparison, many blockchain networks struggle to maintain consistent growth, particularly during periods of bearish market sentiment. The fact that XRP Ledger has continued to gain traction indicates both user confidence and the viability of its real-world use cases.
Therefore, crossing 100 million accounts could significantly strengthen XRP’s reputation, signaling resilience, scalability, and readiness for mainstream adoption. For investors, developers, and enterprises, such milestones act as powerful confidence indicators that validate the network’s long-term viability.
ConclusionThe XRP Ledger’s steady climb toward 100 million accounts underscores more than just growth in numbers; it shows the network’s enduring relevance, scalability, and utility in the evolving blockchain space.
On the other hand, XRP’s bull flag isn’t just a chart pattern, it reflects rising confidence in its long-term potential. With solid fundamentals and clear technical levels, a breakout above $4 could usher in a defining new era for the asset.
2025-09-29 15:122mo ago
2025-09-29 10:362mo ago
Chinese woman admits UK bitcoin laundering charges on first day of trial
Representation of Bitcoin coin cryptocurrency is seen in this illustration taken September 10, 2025. REUTERS/Dado Ruvic/Illustration Purchase Licensing Rights, opens new tab
LONDON, Sept 29 (Reuters) - A Chinese woman accused of laundering bitcoin which was linked to an alleged 5 billion-pound ($6.7 billion) fraud pleaded guilty in a London court on Monday.
Qian Zhimin, who was also known as Zhang Yadi, appeared at Southwark Crown Court for the first day of her trial but decided to change her pleas.
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The 47-year-old admitted one count of possessing criminal property and one count of transferring criminal property.
Judge Sally-Ann Hales remanded Qian in custody ahead of sentencing, which will take place at a later date.
Qian was arrested after an investigation in which British police seized wallets holding more than 61,000 bitcoin, currently worth 5.1 billion pounds – making it one of the largest cryptocurrency seizures by law enforcement worldwide.
Her lawyers said in a statement issued after her arrest last year that Qian denied "the allegations of fraud levelled against her in China".
Reporting by Sam Tobin; editing by William James
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2025-09-29 15:122mo ago
2025-09-29 10:362mo ago
Bitcoin Underperforms Ethereum By 60% In Q3: Which Coin WIll Perform Better In Q4?
Bitcoin (CRYPTO: BTC) has gained about 7% in Q3 of 2025, greatly underperforming Ethereum’s (CRYPTO: ETH) 68% increase and thereby setting up an intriguing end to the year.
What Happened: Crypto analyst Daan Crypto Trades on Monday highlighted Bitcoin's lack of volatility in Q3, which is historically its weakest quarter.
The average 6% gain means this quarter came in line with seasonal expectations.
Ethereum has delivered its best quarter in over three years, defying traditional seasonality and showcasing unpredictable strength.
Daan predicts that Bitcoin may have a more exciting end to the year and forecasts a reversal of its recent underperformance against gold and stocks.
Major Tops/Bottoms In Q4
Trader Honey XBT explained that Bitcoin’s early September low around $107,000 serves as a crucial support; reclaiming this level would be bullish and set the stage for Q4 momentum.
If BTC already bottomed last week, reclaiming $112,000 could lead to $117,500, and a further break might push BTC toward a new all-time high above $125,000.
The $112,000–$118,800 range is a key pivot for day traders. Historically, October–December has been pivotal for crypto, with many major cycle tops and bottoms forming during this period.
ETH Correction Phase Completed
Bluntz Capital observed that ETH's daily chart points to a potential final leg higher toward a new all-time high around $5,500.
Also Read: Eric Trump Repeats His $1 Million Prediction For Bitcoin, Foresees An ‘Unbelievable’ Q4 For Crypto
Why It Matters: Prominent analyst Kevin noted that if Bitcoin topped at $125,000, it would historically be weak and unprecedented. Indicators don't currently signal a cycle top, and volatility remains near record lows.
He advises investors to stay cautious, focus on probabilities and market structure, and wait for clearer signs before making major moves.
Read Next:
Bitcoin Reclaims $112,000 As Ethereum, XRP, Dogecoin Shine After ‘Eventful Weekend Action’
Image: Shutterstock
Market News and Data brought to you by Benzinga APIs
Bitcoin’s rally has found a footing. After threatening to break below the critical $107K support late last week, a level closely watched by traders and whales, the price has since rebounded, climbing back above $112K on renewed weekend buying. The recovery signals that whale accumulation may have provided the cushion noted in Friday’s trade, but BTC still faces strong resistance overhead.
Why ETF Outflows Don’t Mean Weakness for Bitcoin Bulls
Last week’s decline was largely tied to quarter-end portfolio rebalancing. CME-based Bitcoin futures and options shed more than $4.3 billion in open interest between September 18 and 26, data from Velo show. U.S. spot Bitcoin ETFs also turned red for the first time in a month, with net outflows of around $902 million, led by Fidelity’s FBTC and BlackRock’s IBIT.
While the flows sparked concerns, market desks argue they reflect normal quarter-end positioning rather than a deterioration in sentiment. Perpetual traders, in contrast, added exposure, open interest across Bitcoin perpetual contracts rose from $42.8 billion to $43.6 billion, alongside positive funding rates.
Bitcoin Price Gets Relief From Softer U.S. Dollar and Fed Expectations
The rebound also came on the back of a slightly weaker U.S. dollar and steadier interest rate expectations, giving risk assets a short-term boost. Analysts point out that the weekend bid was not purely speculative, but tied to renewed accumulation from larger investors who had sat out last week’s volatility.
“Optimism is re-emerging,” Singapore-based QCP Capital noted, highlighting that buying pressure is broadening out as Bitcoin prepares to enter Q4, historically its strongest quarter with a median return above 50%.
Dormant Bitcoin Wallets Reactivate as Long-Term Holders Move Coins
Adding to the narrative, on-chain data show renewed activity among long-term holders. A dormant wallet holding 400 BTC ($44 million) moved funds for the first time in 12 years over the weekend, joining a series of “Satoshi-era” wallets that have reawakened in recent months. While such moves can spark short-term caution, they also underline how much value has accrued over Bitcoin’s history, up more than 830x since 2013.
Bitcoin Chart Analysis Today
Bitcoin is trading near $112,000 after bouncing off last week’s lows. The chart shows that price is stuck in a wide range, moving between big support and resistance zones.
Support around $107,000: This is the “floor” where buyers have been stepping in. If Bitcoin slips below this level, it risks sliding toward the next safety net near $91,000.
Resistance at $125,000: This is the “ceiling” that has capped every rally in recent months. Unless Bitcoin breaks above it, big upside momentum will remain limited.
Right now, Bitcoin is not trending strongly up or down. Traders are watching for a clear move out of this range to set direction for Q4.
In simple terms, Bitcoin is holding steady, but the real battle is between $107K support and $125K resistance. A break on either side will likely decide the next big move.
Bitcoin Price Outlook: Key Levels to Watch Into Q4 2025
Bitcoin’s bounce back above $112K is a positive sign, but the market is not out of the woods yet. The $110K area remains the line that buyers must defend, while $118K to $120K is the zone that needs to flip for momentum to return. If price clears $125K, traders will start talking about a proper Q4 rally. For now, sentiment is cautious, ETF flows have softened and the macro picture is still cloudy, but Bitcoin has a habit of surprising when positioning looks heavy on one side.
Bitcoin FAQs
Why did Bitcoin price drop toward $107K?
Many traders want to know what’s driving the slide: macro pressures, leverage squeezes, or profit-taking.
Can whale buying prevent a crash?
There’s a lot of chatter about whether large holders (whales) accumulating enough BTC can act as a floor to stop a bigger fall.
Are ETF flows hurting or helping Bitcoin?
Given recent outflows and inflows, investors are curious how spot and futures ETF activity is affecting sentiment.
Is the U.S. dollar or Fed policy hurting BTC?
Many want to see how interest rate expectations, dollar strength, or macro policy moves are feeding into Bitcoin’s direction.
This article was originally published on InvestingCube.com. Republishing without permission is prohibited.
2025-09-29 15:122mo ago
2025-09-29 10:392mo ago
Aster: The New High-Leverage DEX Taking Aim at Hyperliquid Sets Stage for Best Wallet Token
We usually don’t see many thousands of percent gains from utility tokens; that’s more of a meme coin phenomenon.
However, over the past month, the perpetual futures exchange Aster has seen its native token, $ASTER, make astounding gains of over 2,100%.
Aster burst onto the scene with bold ambitions, establishing itself as a strong competitor to established players like Hyperliquid.
At the same time, the protocol promised a privacy-focused approach and extremely high leverage, drawing the interest of traders and investors alike.
As Aster grows, it should set the stage for projects like Best Wallet Token ($BEST), providing even new investors a convenient way to unlock crypto’s many investment opportunities.
What Is Aster?
Aster is a decentralized exchange (DEX) designed for perpetual futures trading—derivatives contracts without expiration dates. Unlike standard futures, perpetuals allow traders to speculate on price movements (long or short) indefinitely.
Aster supports extremely high leverage of up to 1,001x, which is greater than most of its rivals. Leverage trades carry greater risks but open the possibility of greater rewards for experienced traders. In short, leverage provides more trade exposure with less capital, but at a higher risk.
Though Aster also offers spot trading, its main draw is derivatives. The project is backed by YZi Labs and has links to Binance co-founder Changpeng Zhao.
Aster is built to be multi-chain, supporting BNB Chain, Solana, Ethereum, and Arbitrum. But technical factors alone don’t explain why Aster has made such progress; that comes down to something simpler.
Aster vs. Hyperliquid: How They Stack Up
Within days of launch, Aster made waves by exceeding Hyperliquid in daily revenue on several occasions, although its weekly trading volume still lags behind. The recent 24-hour trading volume of $ASTER to $HYPE was $924M compared to $671M.
Hyperliquid, which focuses on perpetuals, already has an established user base and infrastructure. Aster remains unproven, even after a strong first month.
Aster’s multichain design allows participants to trade across their preferred chains without forced routing or bridging costs. Hyperliquid runs its own blockchain as its foundation.
Aster has also suggested moving to its own layer-1 chain in the future. This would free it from relying on BNB Chain and enable custom improvements.
One of the main differentiators is order privacy. Aster offers Hidden Orders, allowing users to make private trades. Hyperliquid’s fully transparent model often reveals large ‘whale’ moves, which may discourage some big traders who prefer to stay stealthy.
Although still in the early stages, Aster could lead a new wave of DeFi trading apps. One key to broader adoption? Powerful, simple Web3 wallets.
Best Wallet Token ($BEST) – Wallet, Token, and Card in Powerful Web3 Ecosystem
Best Wallet provides a simple, clean interface for a web3 wallet that’s ready for all the tokens, dApps, and protocol integrations you can throw its way.
Best Wallet is non-custodial, so your tokens stay with you; there’s no third-party control.
The Best Wallet Token ($BEST) introduces a native utility token, providing lower transaction fees and higher staking rewards. There’s also access to the best crypto presales in an upcoming tokens section, where investors can research and purchase tokens from within the app even before they launch.
Investors can create up to 5 individual wallets within Best Wallet. Create one for Bitcoin, one for EVM tokens, and more, using Best Wallet to navigate the growing world of DeFi protocols and integrated dApps.
Learn how to buy Best Wallet token and see why the presale has already raised over $16.1M.
Check out Best Wallet token at the presale page.
Aster’s arrival shakes up the decentralized derivatives space. And with continued growth, Aster might not just challenge Hyperliquid – it might redefine how future DEXs operate.
That would create even more demand for wallets like Best Wallet and tokens like $BEST.
As always, do your own research. This isn’t financial advice.
Authored by Aaron Walker for NewsBTC — https://www.newsbtc.com/news/aster-vs-hyperliquid-in-dex-war-best-wallet-token-is-better-for-beginners
2025-09-29 15:122mo ago
2025-09-29 10:402mo ago
Ethereum reclaims $4K: Three reasons why ETH price will ‘pump' in October
Historical data shows ETH price gains 4.77% on average.
Ether (ETH) price climbed back above $4,000 on Monday, after a 3.5% climb over the last 24 hours. This recovery has sparked hopes of ETH resuming its bull run in October, backed by several onchain, historical and technical data.
ETH/USD hourly chart. Source: Cointelegraph/TradingViewDeclining ETH supply on exchangesAs Cointelegraph reported, Ether supply on centralized exchanges has dropped to its lowest point since 2016, driven by growing institutional accumulation.
CryptoQuant analyst CryptoMe points out three reasons why ETH reserves on exchanges are dropping:
Investors withdrawing into self-custody;
Moving ETH to staking or exchanges;
Transfers to a new wallet.
Total Ethereum exchange outflows are also on the rise. These outflows are now at levels seen during the late phases of the 2022 bear market when quantitative tightening was at its “hottest point,” wrote CryptoMe in a Quicktake analysis on Saturday.
Following that, the FTX crisis led to a significant number of ETH tokens being withdrawn from exchanges.
“Is ETH about to boom?” the analyst asked, adding:
“When demand triggers, the rally starts. Falling reserves prepare the ground for that rally.”Ethereum DEX volumes jump 47% in a weekBullish sentiment is also reflected in a 47% weekly leap in decentralized exchange (DEX) activity on the Ethereum network.
Ethereum weekly DEX volume. Source: DefiLlamaDEX volumes on Ethereum are up 47% in the last seven days to $33.9 billion from $22.9 billion the week prior, a trend that was also seen in its layer-2 solutions like Base, Arbitrum, and Polygon.
The market recovery was modest among Ethereum competitors, with Solana’s DEX activity increasing by 6% and BNB’s by 8.3%.
Ethereum's positive volume trends include a 30% growth for Maverick Protocol and a 26% rise for Uniswap compared to the previous week.
Increasing DEX volume on Ethereum has historically been accompanied by price growth amid increasing onchain demand for ETH. For example, ETH price nearly doubled during the 276% increase in weekly DEX volume to $40 billion record highs between June 30 and Aug. 14.
Ether price to see “pump” in October?ETH/USD lost 6% in September, which aligns with historical price behavior, according to data from monitoring resource CoinGlass.
October, however, averages 4.77% gains, which would imply ETH price rising closer to $4,300 from the current levels.
ETH/USD monthly returns. Source: CoinGlass“Ethereum monthly returns (USD history show a clear pattern that October and beyond is a bullish season,” crypto analyst Marzell said in an X post last week, adding:
“October is often the ignition… get ready for the Q4 $ETH pump!”Fellow analyst Midas similarly anticipated a very bullish Q4 based on past performance.
“ETH is repeating the same Q3 2020 pattern,” Midas said in an X post on Monday, adding that the last time such a performance was followed by more than 100% gains in Q4.
This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.
2025-09-29 15:122mo ago
2025-09-29 10:432mo ago
Chainlink and 24 Finance Titans Bring $58B Corporate Actions Problem Onchain
Chainlink partnered with 24 major financial players to create a unified corporate actions solution across blockchains and TradFi.
The collaboration aims to cut $58B in global costs by automating corporate action data validation and distribution.
ISO 20022 messaging via Swift and CCIP integration ensures instant delivery of verified records to multiple systems.
Phase 2 achieved near 100% consensus accuracy across corporate action events, proving a production-ready solution.
Chainlink has brought some of the world’s largest financial players together to fix one of banking’s costliest headaches. The oracle platform revealed that it led a collaboration with 24 institutions to address corporate actions, a process costing $58 billion each year.
The initiative uses blockchain, AI, and cross-chain connectivity to speed up how corporate event data moves through global finance. The solution now produces verified records and delivers them directly to systems in minutes instead of days.
According to Chainlink, this work could sharply cut settlement errors and operational risk for banks, asset managers, and custodians. The results follow the second phase of an industry initiative first launched with Swift, DTCC, and Euroclear.
The project builds on early tests that showed large language models could extract and structure data from corporate event announcements. Now, the new system adds full-scale data attestation, cross-chain distribution, and ISO 20022-compliant messaging.
Chainlink, Swift, DTCC Join Forces to Automate Corporate Actions
The collaboration brought together Swift, DTCC, Euroclear, SIX, TMX, and other market infrastructures, as well as major banks like UBS, DBS Bank, and BNP Paribas.
They tested how multiple AI models could verify corporate event details, with Chainlink’s runtime environment orchestrating the process. Once validated, the data was transformed into ISO 20022 messages and sent through Swift’s network for direct delivery.
Chainlink’s Cross-Chain Interoperability Protocol (CCIP) then distributed the verified records across DTCC’s AppChain and several public and private blockchains. This means the same data can now be accessed by custodians, asset managers, and onchain smart contracts simultaneously.
New contributor and attestor roles were also created, allowing institutions to fill in missing data fields and cryptographically sign each record.
$58B Problem Gets an Onchain Fix
The corporate actions lifecycle has long been one of finance’s most fragmented processes.
Data often moves through PDFs and press releases, passing multiple custodians and brokers before reaching investors. Each step risks delays and errors. Citi estimates more than 110,000 firm interactions take place per corporate action event, at an average cost of $34 million.
Phase 2 of this initiative showed near 100% data consensus across events and supported multilingual announcements, including Spanish and Chinese.
Chainlink stated that the next phase will expand coverage to complex actions like stock splits and include more jurisdictions. This could allow tokenized equities to reference the same trusted records across networks, enabling greater automation of post-trade workflows.
The results mark a major milestone in connecting traditional infrastructure with blockchain rails. For investors and institutions, faster reconciliations and fewer manual interventions could become the new normal.
2025-09-29 15:122mo ago
2025-09-29 10:452mo ago
Zcash Price Prediction: Soaring To $75 After Big Breakout?
Key Points:Zcash has delivered a 68% gain in the past 30 days.ZEC broke above a key support at $50.This token could climb to $75 and even $100 if bullish momentum gains enough traction.
Zcash (ZEC) has been silently climbing the crypto market’s ranks and has once again made it above the $1 billion mark as demand for privacy coins seems to be increasing.
Trading volumes in the past 24 hours have jumped by 68% to $170 million, now accounting for 16% of the asset’s circulating supply.
This is the highest amount of ZEC that has been traded in weeks. Most of the time that volumes surpass $100 million for this token, it results in a bullish move days after.
In the past 30 days, ZEC has delivered gains of 68%, moving from $42 to $67 following a jump above a key resistance level at $55 per coin.
Hashrate Expands by 30% in Two Months for Zcash
Zcash’s history has been plagued by contradictory reports that question the ‘shielded’ nature of its transactions.
This privacy coin should supposedly mask transactions by hiding the wallet addresses of the parties involved. It uses a proof-of-work (PoW) consensus mechanism similar to that of the Bitcoin network.
However, a report from Chainalysis published in 2020 claimed that only 1% of ZEC’s transactions were fully shielded, which put into question the project’s use case.
Nonetheless, the community that supports Zcash believes that users will increasingly turn to privacy coins to hide their on-chain trail as government regulations and taxation of crypto trading is expected to increase over time.
Upon dropping to a 12-month low of 6.28 gigahashes in July this year, data from BitInfoCharts shows that the network’s hash rate has been progressively increasing to 8.12 Gh/s at the time of writing.
This implies increasing interest from miners, possibly as a result of crypto’s bull market. As altcoin season begins, PoW-powered chains attract miners looking to reap the highest returns out of their hardware. This hashrate increase seems to be the cause of the latest spike in ZEC’s price.
Resistance Breakout Shows Strong Buying Pressure
Looking at the daily chart, a bullish breakout above $55 seems to have accelerated the token’s rally. Trading volumes ahead and after that move exceeded the 14-day average, meaning that buying interest is rising.
ZEC’s Relative Strength Index (RSI) has climbed to overbought levels already. This increases the odds of a retrace once the token hits the nearest resistance at $75. A move to this level seems highly likely at this point.
It is hard to tell if the bull run will push ZEC to $100 or stop there. However, the market will probably take a breather at that point and pull back to the $60 level at least.
This would give late buyers a second chance to enter a long position at a much more decent price if they expect a continuation of the rally.
ZEC once reached a market cap exceeding $3 billion. Currently sitting at $1 billion, this token offers significant upside potential if those golden days are back.
As altcoin season begins, dormant projects like these could deliver surprising gains if positive momentum gains enough traction and creates some FOMO.
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2025-09-29 15:122mo ago
2025-09-29 10:452mo ago
DL Holdings Spends $41M In Push to Become Hong Kong's Top Publicly Traded Bitcoin Miner
DL Holdings Spends $41M In Push to Become Hong Kong’s Top Publicly Traded Bitcoin MinerThe purchase brings DL's mining fleet to 5,195 machines, with a hashrate of 2.1 exahashes per second (EH/s). Sep 29, 2025, 2:45 p.m.
Investment firm DL Holdings (1709) said it agreed to spend a total of HK$320 million ($41 million) on bitcoin mining rigs from Bitmain as it aims to become Hong Kong's largest publicly traded bitcoin miner within two years.
The 2,995 Antminer S21 hydro-cooled machines will be installed in data centers in Oman and Paraguay, the company said in a statement. Hosting and operational support will be handled by Bitmain, one of the world’s largest manufacturers of crypto mining equipment.
STORY CONTINUES BELOW
Combined with the 2,200 machines it bought just two weeks ago, DL now boasts a hashrate of around 2.1 exahashes per second (EH/s), the company said.
As part of the broader strategy, DL said it plans to tokenize its mining operations and integrate AI optimization tools, enabling more efficient energy use and potentially creating accessible digital investment products.
AI Disclaimer: Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards. For more information, see CoinDesk's full AI Policy.
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2025-09-29 15:122mo ago
2025-09-29 10:482mo ago
ChatGPT-5 picks two Bitcoin killers to buy in 2026
Bitcoin (BTC) has started this week on a positive note, recovering somewhat from a nearly seven-day sell-off and finally trading above $112,000.
Despite the renewed momentum, however, the asset now faces stiff competition as a number of altcoins are also posting gains ahead of potential exchange-traded fund (ETF) releases in the following weeks.
With that in mind, Finbold turned to OpenAI’s latest artificial intelligence (AI) model, ChatGPT-5, to identify two cryptocurrencies most likely to give Bitcoin a run for its money in 2026
Ethereum (ETH)
The AI’s first pick was Ethereum (ETH), the most widely used smart contract network spanning decentralized finance (DeFi), non-fungible tokens (NFTs), and tokenization.
Its main threat to Bitcoin, however, is the fact that it doubles down as a store of value (via staking) and a utility token, something its counterpart doesn’t offer, ChatGPT argued.
While Ethereum might be down on the monthly chart at the time of writing, unlike its rival, it’s actually the better performer year to date (YtD), having gained around 25% as opposed to 20% delivered by “digital gold.”
Although there’s no telling whether ETH can outperform BTC in the long run, the AI suggests a fairly strong case for it, given how far the asset has come in the past months, especially in terms of regulatory clarity.
This sentiment is also shared by analysts such as Fundstrat’s Tom Lee, who predicted the cryptocurrency price could hit $10,000–$12,000 by year-end, implying a 200% upside.
At press time, Ethereum was trading at $4,171, up 3.76% on the day.
ETH 24-hour price. Source: Finbold
Solana (SOL)
The second place was reserved for Solana (SOL), which the AI says has proven itself in high-speed, low-fee execution despite major network hiccups.
At the time of writing, SOL was trading at $210.93, up 4.67% over the past 24 hours after plunging 20% last week.
SOL 24-hour price. Source: Finbold
Adding to the positive sentiment, more than 1.5 million SOL, worth more than $315 million, has been bought in the past 72 hours as the price hovered below $200, showing clear signs of institutional and whale confidence at the close of the quarter.
However, new ETF approvals in October would give SOL the biggest boost and ensure more substantial mainstream inflows.
Still, the language learning model (LLM) noted that the crypto is not really a monetary competitor to Bitcoin, but rather a preferred transactional blockchain that could outshine it in real-world payments and adoption.
Featured image via Shutterstock
2025-09-29 15:122mo ago
2025-09-29 10:512mo ago
Bitcoin traders see $110K CME gap dip next as BTC price gains 1.5%
Bitcoin bounces back with a trip to $114,000 at the Wall Street open.
Traders remain wary of a retracement, especially thanks to a new weekend CME gap opening at $110,000.
Macro analysis sees good odds of another “Uptober” for crypto.
Bitcoin (BTC) continued its sudden rebound at Monday’s Wall Street open while traders stayed cautious.
BTC/USD one-hour chart. Source: Cointelegraph/TradingViewCME gap cools excitement over Bitcoin reboundData from Cointelegraph Markets Pro and TradingView showed that BTC/USD hit $114,000 as daily gains surpassed 1.5%.
An unlikely weekly close above $112,000 set the pair up for a strong first Asia session, which also saw gold make new all-time highs.
As short-term BTC price action appeared to follow, traders were anything but relaxed. A new “gap” in CME Group’s Bitcoin futures market formed a key reason to expect lower levels.
“$BTC now has a CME gap around the $110,000 level,” crypto investor and entrepreneur Ted Pillows summarized in a post on X.
“Bitcoin has filled every CME gap in the last 4 months, so this could most likely get filled. Keep an eye on it.”CME Bitcoin futures 15-minute chart. Source: Ted Pillows/XAs Cointelegraph reported, CME gaps tend to act as price “magnets,” attracting the market to fill them within weeks, days or even hours.
“Ideally we come back & close this if we want a clean move higher this week,” Nic Puckrin, CEO and cofounder of crypto adoption platform Coin Bureau, argued.
To fill the gap, BTC/USD would need to slice through a new mass of bid liquidity centered on $111,000, according to data from CoinGlass.
Binance BTC/USDT liquidation heatmap. Source: CoinGlassExchange order-book liquidity continued to drive momentum, with 24-hour crypto liquidations passing $400 million at the time of writing.
On Saturday, Keith Alan, co-founder of trading resource Material Indicators, called liquidity above price “paper thin” below $115,000.
“I especially expect things to get spicy around the Weekly Close on Sunday and continue into the Monthly close on Tuesday,” he predicted at the time.
”Uptober” odds flip with BTC priceAs gold consolidated after its earlier high of $3,831 per ounce, Bitcoin followed a bullish start to the week for US stock markets.
XAU/USD one-hour chart. Source: Cointelegraph/TradingViewThe S&P 500 and Nasdaq Composite Index were up by 0.5% and 1%, respectively, at the time of writing.
Commenting, trading company QCP Capital suggested that the outlook for a classic crypto “Uptober” was good.
“Vols are trending lower, with expectations that they will drift further as spot consolidates ahead of Friday’s US Non-Farm Payrolls,” it wrote in the latest edition of its “Asia Color” analysis series before the Wall Street open.
“While there are questions around whether NFP could be delayed if the US government shuts down, markets appear relatively unfazed, buoyed by Wall Street’s gains.”QCP reasoned that $115,000 should be reclaimed to “confirm a renewed uptrend.”
This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.
2025-09-29 15:122mo ago
2025-09-29 11:002mo ago
2.16 mln Ethereum unstaking countdown: What it means for the market
Key Takeaways
Why is Ethereum facing potential selling pressure?
Around 2.16 million ETH (worth $8.89 billion) are scheduled to unstake, creating a potential supply shock that could overwhelm market demand and push ETH prices lower.
Will ETH hold above $4,000 amid bearish sentiment?
With exchange withdrawals at a 6-year low, ETH risks breaking below the $4,000 level unless buyer sentiment improves.
Market sentiment suggests that the world’s second-largest cryptocurrency, Ethereum [ETH], with a market capitalization of $496 billion, may be on the verge of losing its $4,000 mark.
Despite a daily gain of 2.59% and rising trading volume at $28 billion, institutional outflows reached $795.41 million in the week ending the 22nd of September 22.
This indicated a growing supply pressure that could weigh heavily on Ether’s short- and long-term value across market segments.
Massive supply set to be unlocked
Ether faces the risk of a major supply shock, with roughly 2.16 million ETH scheduled for unstaking.
This amount, valued at $8.89 billion, carries an average waiting period of 37 days before release, suggesting the supply pressure will not hit the market immediately.
Source: CryptoPlate
The large amount of ETH investors plan to unstake warns that more tokens could hit the market than demand can absorb.
Investors have already started shifting positions. Bridged netflow data shows that over $13 million worth of ETH left exchanges in the past 24 hours—the largest amount bridged from any blockchain during that timeframe.
Selling pressure is gradually building
Exchange withdrawal transactions have fallen to their lowest level since 2018, according to CryptoQuant.
Roughly 37,000 transactions were recorded in the past day, reflecting weaker investor optimism and pointing to a potential demand squeeze.
Source: CryptoQuant
Interestingly, this drop in activity did not match exchange reserves, which stayed relatively flat. A flat reserve suggests that spot investors remain undecided about holding long term or selling for profit.
However, with more ETH held in reserve, the risk of a sudden sell-off remains elevated, and the market could face significant pressure.
A shift in sentiment will likely determine whether Ether can sustain a rally or continue to struggle.
Liquidation map suggest a trade lower
The liquidation map on CoinGlass shows concentrated leverage across both long and short positions.
On the long side, the largest liquidity cluster sat at the $4,147 level, with $49.5 million at risk.
Source: CoinGlass
Meanwhile, the short side holds far heavier leverage, with the $3,906 level alone carrying $618.96 million in liquidity.
This imbalance suggests that downside pressure is more likely, raising the probability that Ether could lose its grip on the $4,000 level.
2025-09-29 15:122mo ago
2025-09-29 11:012mo ago
Is ‘Uptober' back? Market fear craters as Bitcoin reclaims $114k
Is ‘Uptober’ back? Market fear craters as Bitcoin reclaims $114k Oluwapelumi Adejumo · 30 seconds ago · 2 min read
Despite falling greed index, Bitcoin's September gains shows the flagship digital asset increased market resillience.
Sep. 29, 2025 at 4:00 pm UTC
2 min read
Updated: Sep. 29, 2025 at 3:34 pm UTC
Cover art/illustration via CryptoSlate. Image includes combined content which may include AI-generated content.
The Crypto Fear and Greed Index has slipped to its lowest level since March, raising fresh concerns over investor confidence even as Bitcoin and Ethereum attempt a recovery.
Data shared by CryptoQuant analyst JA Maarturn on Sept. 29 showed sentiment falling from a neutral 40 in August to an extreme fear level of 28. The index last touched this range in March, when Bitcoin traded around $80,000.
Crypto Market Greed and Fear Index (Source: CryptoQuant)Meanwhile, the sharp deterioration in sentiment coincided with heavy sell-offs in major assets. Both Bitcoin and Ethereum slipped below key psychological levels of $110,000 and $4,000 last week, deepening the sense of uncertainty.
Yet the retreat proved short-lived. As of press time, Bitcoin price has recovered $114,000 and Ethereum traded over $4,100, suggesting that panic selling has given way to a more balanced market.
Market bottom?Asset manager Bitwise argued that the fear-driven backdrop could represent a bottoming phase.
It stated:
“Last week, sentiment has twice reached ;extreme fear’ levels on an intraday basis, yet bitcoin has shown relative resilience, holding around ~$108k – a level that also aligns with the short-term holder cost basis – this appears to provide a strong support for bitcoin right now as sellers are increasingly exhausted.”
The firm further pointed out that Bitcoin was still up nearly 3.7% in September despite last week’s turbulence. This is notable considering September is historically the weakest month of the year for the top crypto.
In contrast, the final quarter often delivers strong gains, with November repeatedly ranking as Bitcoin’s most profitable month.
According to Bitwise, this historical pattern makes current weakness look more like an opportunity than a warning sign.
Data from Glassnode supports the case, showing that short-term holders are now realizing net losses, a condition that has historically marked reset points before renewed accumulation. Periods of capitulation, where recent buyers sell at a loss, have often provided the foundation for longer-term rallies.
Bitcoin Short-term Holders Net Profit and Loss (Source: Glassnode)Bitcoin prepares for UptoberConsidering the flagship digital asset price resilience, crypto trading firm QCP posited that BTC traders are optimistic of an “Uptober” rally.
According to the firm, gradual optimism has returned to the perpetual futures market, where leveraged longs have re-entered after last week’s liquidations.
QCP stated that Bitcoin open interest has risen from $42.8 billion to $43.6 billion. At the same time, funding rates remain positive and positioning on platforms like Hyperliquid has swung decisively back toward the long side.
However, the firm warned that a sustained uptrend will only be confirmed if BTC clears the $115,000 threshold. It added:
“Options markets reflect this hesitation, with put skew and OI in BTC and ETH slowly normalizing as traders rebuild conviction.”
Bitcoin Market DataAt the time of press 3:34 pm UTC on Sep. 29, 2025, Bitcoin is ranked #1 by market cap and the price is up 3.69% over the past 24 hours. Bitcoin has a market capitalization of $2.27 trillion with a 24-hour trading volume of $54.3 billion. Learn more about Bitcoin ›
Crypto Market SummaryAt the time of press 3:34 pm UTC on Sep. 29, 2025, the total crypto market is valued at at $3.91 trillion with a 24-hour volume of $158.36 billion. Bitcoin dominance is currently at 57.97%. Learn more about the crypto market ›
Mentioned in this articleLatest Bitcoin Stories
2025-09-29 15:122mo ago
2025-09-29 11:042mo ago
Strategy Notches Third Smallest Bitcoin Purchase in 2025 as Dividend Payments Approach
In brief
Strategy acquired 196 Bitcoin worth $22 million
The Bitcoin-buying firm meanwhile raised $128 million
Strategy is obligated to make dividend payments on some of its preferred shares.
Strategy notched its third smallest Bitcoin acquisition of the year on Monday, disclosing that it only bought $22 million worth of the asset, according to a press release.
The Tysons, Virginia-based firm now owns roughly 64,000 Bitcoin, which was worth $73.1 billion on Monday, as Bitcoin climbed past $114,000, according to crypto data provider CoinGecko. That sum represented around 3% of the Bitcoin that will ever be mined.
Although the Bitcoin purchase that Strategy disclosed on Monday was its smallest since mid-August, it appears that the move wasn’t a result of constrained funding because Strategy signaled that it had raised $128 million, effectively pocketing the difference.
The cash came from selling $116 million worth of common shares. At the same time, Strategy sold $11.3 million of its STRF offering and $400,000 worth of its STRD offering. Featuring a 10% dividend, STRD was unveiled as Strategy’s third type of preferred shares in June.
“There was an extra $106 million, which we can presume was there for cash interest and to fund future dividends, including, but not limited to those that are due tomorrow,” TD Cowen analyst Lance Vitanza told Decrypt.
Strategy is scheduled to pay its first dividend to STRD holders on Tuesday, on top of payouts for its STRC, STRK, and STRD offerings, as declared in an SEC filing earlier this month. Strategy’s obligation on STRD is currently around $30 million per quarter, Vitanza said.
“That’s a very small amount,” he added.
Strategy shares rose 5% to $324 on Monday, according to Yahoo Finance. Often portrayed as a proxy to Bitcoin, Strategy shares have increased 12% year-to-date, while the largest cryptocurrency by market capitalization has risen 22% over the same period.
This year, Strategy has augmented its Bitcoin-buying strategy with additional funding mechanisms, moving beyond a pure focus on common stock and convertible debt. That has enabled Strategy to pad its lead as the largest corporate holder of Bitcoin.
However, Wall Street veteran Andy Constan—who said he was shorting Strategy shares earlier this year—is among those that have compared the dynamic to a Ponzi scheme, arguing that Strategy can meet its dividend obligations only by raising more money.
Still, in a recent note, Vitanza highlighted Strategy’s recent focus on preferred shares, saying that its suggests that “market demand for bitcoin-backed credit instruments is growing.”
There have been other signs that Strategy is focused on its dividend obligations. Earlier this month, Strategy withheld a portion of the proceeds from a separate raise. It took in $68 million through its STRK and STRD offerings, but it only spent $60 million on Bitcoin.
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2025-09-29 15:122mo ago
2025-09-29 11:102mo ago
$812M Pulled From Crypto Funds, Solana Emerges as Lone Gainer
Crypto funds saw $812M in outflows last week, halting their positive streak and cutting AUM from $241B to $221B.
Bitcoin and Ethereum lost $719M and $409M, while Solana and XRP attracted $291M and $93.1M on U.S. ETF expectations.
The U.S. accounted for $1B in outflows; Switzerland, Canada, and Germany posted inflows, keeping YTD at $39.6B with the chance to surpass last year’s record.
Crypto investment funds recorded net outflows of $812 million last week, ending a streak of steady inflows.
According to CoinShares, total assets under management dropped from $241B to $221B, reflecting investor concerns after stronger-than-expected U.S. macro data lowered the odds of interest rate cuts.
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Bitcoin and Ethereum were the hardest hit. Bitcoin ETPs saw $719M in outflows, while Ethereum products lost $409M, halting the positive trend both assets had shown earlier this year. The report highlighted that there was no significant increase in short-Bitcoin products, suggesting the negative sentiment is weakly held and likely temporary.
Key Weeks Ahead for the Market
In contrast, Solana stood out with $291M in inflows, driven by expectations of upcoming U.S. ETF launches. XRP also posted $93.1M in positive flows. Analysts project that the coming weeks will be decisive for crypto ETFs in the U.S., with the SEC expected to rule on several applications, including the much-anticipated Litecoin ETF from Canary Capital, followed by potential approvals for Solana, XRP, Dogecoin, Cardano, and Hedera ETFs.
Regional Crypto Flows
Regionally, flows showed a clear geographic split: the U.S. led outflows with $1B, while other crypto hubs showed resilience, with inflows in Switzerland ($126.8M), Canada ($58.6M), and Germany ($35.5M). Despite the weekly setback, funds maintain strong momentum, with $4B in inflows so far this month and $39.6B YTD, close to the 2024 record of $48.6B.
The expectation of imminent regulatory decisions, combined with strong inflows into Solana and XRP, suggests crypto investment funds could quickly return to growth and move closer to last year’s record highs
2025-09-29 14:112mo ago
2025-09-29 09:332mo ago
MSTR shares bounce from recent lows as Strategy makes small $22.1M BTC buy
Strategy added a fresh weekly boost to its treasury, though the latest 196 BTC purchase was more of a morale booster. The latest purchase happened as MSTR share prices still held above $300.
Strategy continued its buying streak of small additions, with another 196 BTC put away in its treasury. The purchase was expected, as Executive Chairman Michael Saylor signaled on social media late on Sunday.
The latest weekly purchase meant Strategy was “buying the dip” as BTC sank as low as $109,000. Following the announcement, BTC traded at $112,222, as the crypto market attempted a recovery.
Strategy acquired the new batch at an average price of $113,048, closing in on an average price of $74,000 per coin.
Strategy has acquired 196 BTC for ~$22.1 million at ~$113,048 per bitcoin. As of 9/28/2025, we hodl 640,031 $BTC acquired for ~$47.35 billion at ~$73,983 per bitcoin. $MSTR $STRC $STRK $STRF $STRD https://t.co/kZj8Y07Zfb
— Strategy (@Strategy) September 29, 2025
Strategy has bought smaller BTC batches for three weeks in a row, an unusually long streak. The purchase is the smallest since August 11, when Strategy added only 155 coins. In the coming weeks, Strategy may also skip a week as it prepares for the Q3 report roundup.
Strategy uses MSTR again
To complete the current purchase, Strategy issued more MSTR common stock despite the lowered price. Based on the recent filing, the company raised $116.4M from MSTR common stock issuance.
The company also raised $400K in STRD preferred shares. The current weekly raise is for a total of $128.1M, though only $22.1M went toward BTC purchases. In previous weeks, Strategy invested all its proceeds into BTC.
However, based on its new issuance rules, the company can also issue some of its common or preferred shares for operational costs. The company must still cover mandatory dividends for its preferred shares.
Following the latest stock issuance, MSTR shares traded at $306.09. The mNAV asset value recovered to 1.44, though still not above the 2.5 limit, which would indicate much better health. Strategy is now trying to extend its purchases while lacking the initial enthusiasm for its MSTR shares.
However, BTC purchased at earlier stages is now significantly more valuable, despite the drop in share prices.
When it comes to the preferred shares, only STRF trades at $109, while STRK, STRD, and STRF trade under $100, offering a discount and varying levels of risk.
Can Strategy recover its MSTR price levels?
MSTR managed to retain the $300 level, setting up expectations for recovery by the end of 2025. MSTR bounced from its one-month lows and is trading around the middle of its range for the past six months.
MSTR bounced from its lows just above $300, after Strategy announced another small BTC purchase. | Source: Google Finance
The common stock dipped to a recent low of $300.70, while BTC was also trading under $110,000. MSTR thrives best during periods of exuberant trading, where demand for more BTC keeps the share prices high.
Even outside Strategy’s buying, smaller companies are still adding BTC to their balances, even with sporadic purchases. The DAT company trend has lost some momentum, and companies have also erased a significant part of their market value, as Cryptopolitan reported. However, even the presence of treasuries helps with the long-term holding trend for BTC.
KEY Difference Wire helps crypto brands break through and dominate headlines fast
2025-09-29 14:112mo ago
2025-09-29 09:352mo ago
Cardano Price Prediction as ADA Prices Show Uncertainty
The $Cardano price is once again under the spotlight as ADA struggles to hold the $0.80 region. With investors closely tracking both technical setups and market sentiment, the coming days could decide whether Cardano stages a recovery or risks breaking lower.
Cardano Price Holds Crucial LevelLooking at the daily chart, $ADA is currently trading just under $0.80 after failing to sustain momentum above $0.85. This zone is critical:
Immediate resistance: Around $0.80–0.85, with the 50-day SMA (currently $0.8611) reinforcing the ceiling.Immediate support: Around $0.7367, aligned with the 200-day SMA, which has already acted as a bounce point recently (see green arrow).
ADA/USD 1-day chart - TradingView
If ADA can reclaim and close above $0.85, a move toward $0.90 and potentially $1.00 could follow. But failure to hold $0.80 risks sending the token back toward $0.73 and even $0.71.
Cardano Analysis: Is Cardano Losing Momentum?From a technical trading perspective:
Broken uptrend: ADA recently fell below its ascending trendline, signaling weakening bullish momentum.Moving averages: The 50-day SMA is still above price, acting as dynamic resistance, while the 200-day SMA offers strong support. This creates a range-bound environment between $0.73 and $0.86.Candlestick structure: Recent candles show indecision, with buyers and sellers battling around the $0.80 psychological level.Unless ADA reclaims the 50-day SMA, upside potential remains capped in the short term.
Cardano Price Prediction: What’s Next for ADA?The Cardano news flow has been neutral to bearish lately, meaning price action is driven mostly by technicals and broader market sentiment (particularly Bitcoin’s moves). Based on the chart:
Bullish scenario: A close above $0.85 would open the door to $0.90–$1.00. This would also re-align ADA with the previous uptrend channel.Bearish scenario: Losing $0.73 support would expose $0.71 as the next critical level. A break below that could accelerate downside momentum toward $0.62.For now, ADA traders should watch $0.80 closely — it’s the line between a recovery attempt and further weakness.
2025-09-29 14:112mo ago
2025-09-29 09:372mo ago
Coinbase Whale Collects 139,150,244,953 SHIB After 70% Price Collapse
Unknown Coinbase whale uses 70% Shiba Inu discount for mega 139,150,244,953 SHIB transfer
Cover image via U.Today
Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.
The price of the Shiba Inu (SHIB) coin has been stuck around $0.0000118 at the end of September, and the chart is not showing much hope for a big move. After months of lower highs and drying liquidity, a lot of retail traders are treating SHIB as "trash" rather than an attractive asset to trade.
But when the market's slow, it is whales who start operating behind the scenes — and that is exactly what we have seen over the past day with the popular meme coin.
New blockchain data shows that an unknown wallet took 41,958,447,274 SHIB out of Coinbase, which is about $502,240 at today's price.
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Source: ArkhamHours later, the same wallet received another 97,192,000,000 SHIB, worth $1,150,000. The two transactions added up to 139,150,244,953 SHIB, which is worth about $1,636,406.
What's endgame?On the chart, SHIB is down about 70% from its December 2024 levels near $0.00004. If it goes back to the mid-December range of $0.000018 to $0.000020, this wallet's value would jump from $1.64 million to about $2.5 to $2.7 million. That is a potential gain of over $1 million if the bet pays off.
While some say SHIB is worthless, whales are loading up on hundreds of billions of tokens, at one of the lowest levels of the year. The accumulation suggests someone is getting ready for a rebound that could last into Q4, turning today's "trash" levels into tomorrow's profit window.
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2025-09-29 14:112mo ago
2025-09-29 09:382mo ago
Ripple XRP Rival Swift Set To Build Blockchain-Based Settlement System For 24/7 Cross-Border Payments
Global traditional finance payments system Swift has joined forces with Joe Lubin’s Ethereum development company Consensys to develop a blockchain-based settlement network.
Swift Taps Consensys For Blockchain-Based Ledger
According to a Monday official announcement, the Society for Worldwide Interbank Financial Telecommunication (SWIFT) is creating a blockchain in collaboration with over 30 financial institutions, including Banco Santander, Bank of America, BNP Paribas, and HSBC, based on a “conceptual prototype” by Consensys.
The initiative’s first focus is on developing infrastructure for real-time 24/7 cross-border transactions of regulated tokenized value, using smart contracts to record, sequence, and validate transactions.
One of the goals of the new blockchain ledger will be interoperability with “existing and emerging networks,” while also maintaining Swift’s compliance standards.
“The ledger will extend SWIFT’s financial communication role into a digital environment, facilitating banks’ movement of regulated tokenized value across digital ecosystems,” the press release reads. According to Swift, the ledger will support the exchange of tokenized assets, though central and commercial banks will eventually determine the types of tokens.
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SWIFT does not directly move money itself but is rather a messaging network that supports international bank transactions, which is used by over 11,500 banks and other financial institutions in over 200 countries.
“Through this initial ledger concept, we are paving the way for financial institutions to take the payments experience to the next level with Swift’s proven and trusted platform at the centre of the industry’s digital transformation,” opined Swift CEO Javier Pérez-Tasso at the Sibos conference in Frankfurt.
Can Ripple Provide A Better Alternative To SWIFT?
There have long been suggestions that Swift’s usefulness could decline owing to the growth in use of crypto and blockchain technology.
Back in 2018, just a few years before the U.S. Securities and Exchange Commission dropped the lawsuit bombshell on Ripple, CEO Brad Garlinghouse told Bloomberg that, “What we’re doing and executing on a day-by-day basis is, in fact, taking over SWIFT” as banks and remittance firms signed on to use the XRP Ledger (XRPL).
What followed was a protracted, expensive legal fight that officially ended in August after both parties agreed to drop their respective appeals. The case undoubtedly hampered XRP adoption in the US, with several institutions around the world severing ties with Ripple.
Notably, the conclusion of the long-standing lawsuit gives XRP particularly unique legal clarity that most cryptocurrencies in the market lack.
After the SEC dropped its investigation into Ripple in March, Garlinghouse stated that “the market opportunity is massive” in the US, adding that there was an opportunity to modernize the payment systems from SWIFT.
That said, whether the regulatory clarity is enough for XRP to replace the outdated money transfer system remains to be seen.
2025-09-29 14:112mo ago
2025-09-29 09:402mo ago
BitMine's Ethereum treasury reaches 2.65 million ETH, cementing place as top corporate holder
Decentralized derivatives exchange Aster is considering whether to implement vesting schedules for its upcoming token airdrop, according to comments from its CEO during a recent livestream.
On Monday, Aster CEO Leonard, who has not disclosed a last name, said the move could limit immediate sell pressure on the ASTER token, while aligning incentives between early adopters and new holders.
“I think we reserve the right of doing it. We will kind of decide things and announce it,” Leonard told livestream viewers. “I think in the next two to three days, you can expect us to make a final decision and release that explanation.”
Vesting, a common practice in crypto, prevents early recipients from dumping tokens all at once, reducing the risk of sharp price declines.
Cointelegraph reached out to Aster for more information, but did not get a response by publication.
Source: Mable JiangAster to release 320 million tokens for season 2Aster previously said more than 50% of its token supply had been allocated to community airdrops. It also announced that it would release 320 million ASTER tokens, worth around $600 million, for its season two airdrop participants.
In the livestream, Aster’s Leonard said that the team is still working on the distribution method for the upcoming airdrop.
He said the team is contemplating whether releasing 4% of the supply would create selling pressure on the token. He added that they have to consider not just the participants but also existing Aster tokenholders.
Aster previously announced that the cutoff for season two’s points is on Oct. 5 at 11:59 pm UTC.
“We only have a week left, so it will be announced very soon,” Leonard added, signaling that participants would get a confirmation before the airdrop snapshot is taken.
Aster’s perp daily DEX volume reaches $85 billionSince its release, activities on Aster’s pushed the overall perpetual decentralized exchange (DEX) space’s trading volume to new highs.
As the cutoff for the season two airdrop draws near, the DEX’s perps trading volume shot up.
On Monday, DefiLlama showed that Aster’s 24-hour trading volume jumped to $85 billion, which is more than 12 times more than its closest competitor on the day, Lighter.
Aster records perp DEX trading volume of over $80 billion. Source: DefiLlamaWhile Aster’s volume highs could signal adoption, some community members are skeptical about whether it can be sustained after the incentives have dried out.
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2025-09-29 14:112mo ago
2025-09-29 09:442mo ago
Two Cardano ETFs Might Set Stage for 'Uptober' ADA Rally: Details
Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.
With just one day left in September, the cryptocurrency market, including the Cardano community, highlights expectations for October.
The spotlight is on the potential approval of spot Cardano ETFs, with two applications waiting in line for final verdicts following a 75-day review process.
Grayscale's proposal to convert its Cardano trust into a Spot ETF faces its final deadline on Oct. 7, 2025, while Tuttle Capital's Cardano ETF application's decision is anticipated by Oct. 26, 2025.
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Market sentiment remains positive, with approval odds reaching 92% on major betting platforms.
October is set to be significant for the broader altcoin market, with decisions expected on 16 ETF applications, including Solana, XRP, Dogecoin and Litecoin.
Cardano-focused community X account Cardanians highlights the upcoming ETF development in a tweet, adding that it could be the catalyst that propels Cardano into its next phase of growth.
Wild "Cointober?"Nate Geraci, the president of NovaDius Wealth Management, indicated the next few weeks as "enormous" for spot crypto ETFs, with SEC final deadlines approaching on numerous filings.
To begin with, this week is the Canary Spot Litecoin ETF, with its decision deadline on Oct. 2. This will be followed by decisions on Solana, Dogecoin, XRP, Cardano and Hedera ETFs; Geraci noted that the SEC could approve any or all of these whenever.
In another tweet, Bloomberg ETF analyst Eric Balcunas shared his expectations for October as spot crypto ETF deadlines begin this week: "Who's ready for Cointober? Spot crypto ETF deadlines start this week. Litecoin and Solana up first. Should be a wild month."
2025-09-29 14:112mo ago
2025-09-29 09:462mo ago
Fresh Data Reveals Where Bitcoin, Ether, XRP, SOL, ADA, SHIB Are Headed for the Next 30-60 days
Bitcoin’s recent struggles may not be a sign of weakness but rather a pause before the next major shift, according to fresh insights from Weiss Crypto. Analysts say the top coin’s muted performance is tied to sluggish liquidity growth. This dullness is expected to turn around in the coming months.
The firm noted that while last week’s rate cut may appear promising for risk assets, history shows that liquidity from such policy moves takes time to flow through. “It takes about three months for fresh liquidity to filter through to crypto markets,” Weiss wrote, suggesting mid-December as the window when the impact will become clearer.
Until then, the market model suggests another 30–60 days of sideways trading, with a potential low around October 17, before conditions improve.
Despite the near-term caution, Weiss suggests that strong liquidity signals from gold, along with a series of record highs, reinforce expectations that crypto is on a long-term bullish path.
Traders wrestle with sentiment as whales quietly accumulate
Market watchers, however, say traders may still face turbulence. Data from Santiment shows Bitcoin has slipped 8.8% since its mid-August peak of $123,800, frustrating bullish sentiment.
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Monday’s sudden drop to $112,200, the lowest in nearly two weeks, sparked a wave of “buy the dip” chatter online. Analysts warn that such crowd optimism has historically signaled more downside ahead, as markets often move against retail expectations.
At the same time, underlying signals seem healthier than surface-level volatility suggests. Whale wallets holding between 10 and 10,000 BTC have added over 56,000 coins since late August, pointing to steady accumulation.
Meanwhile, Bitcoin’s supply on exchanges has declined by more than 31,000 coins in the past month, limiting immediate selling pressure.
Market watchers believe funding rates and positioning shifts hint that a deeper shakeout could precede the next rebound. However, with average short-term traders now in the red and whales continuing to build positions, the downside risk looks increasingly limited.
For now, Bitcoin appears caught between retail optimism and professional patience. This setup could define the road into the final quarter of the year.
2025-09-29 14:112mo ago
2025-09-29 09:482mo ago
ETH Price Closes in Near Next Resistance as Crypto Analyst Underlines Area of Interest
Lennaert Snyder has highlighted $4,200 as a resistance level for Ethereum tokens.
ETH price is up by 3.21% over the last 24 hours.
Crypto analyst has called $3,600/$3,700 his area of interest.
Lennaert Snyder, a crypto analyst, has underlined his area of interest following significant gains in ETH prices. Values are also inching closer to the next resistance level. This could potentially decide the course of movement for the Ethereum token on the price chart. Future estimates for the value of Ether are bullish but remain within a confined zone.
ETH Price and the Near Resistance Level
Lennaert Snyder, a notable crypto analyst, has said that ETH price was moving towards the nearest resistance level of approximately $4,200. He added that this milestone would either be good or bad for the Ethereum token. Snyder has anticipated that Ether could soon retest the support margin of $3,800.
$ETH pumped towards key ~$4,200 resistance.
This is make or break for Ethereum. Longs are triggered after the gain, and shorts after rejecting.
If we reject here, I think retesting $3,800 support again is likely.
If we dump further, $3,600/$3,700 is still my area of interest. pic.twitter.com/NNzvh1McZF
— Lennaert Snyder (@LennaertSnyder) September 29, 2025
The crypto analyst has drawn two points as his area of interest. These are $3,600 and $3,700. This possibly translates to two situations: a decline to $3,600 or $3,700 would be an accumulation zone; or, that would be a point beyond which heavy losses are likely for the community at a broader level. Nevertheless, Snyder has anticipated that ETH price may retest the support level of $3,800.
Movement of Ethereum Tokens on Price Chart
Ethereum tokens are currently valued at $4,122.36, up by 3.21% over the last 24 hours. But, the price is still down by 1.16% and 5.78% in the last 7 days and 30 days, respectively. The 24-hour trading volume has marked an uptick of 60.34% to around $28.83 billion. Movements of ETH price on the chart are showing the signs of potential recovery.
Interestingly, BTC and other cryptocurrencies have also started showing signs of possible recovery. The flagship crypto, that is Bitcoin token, is up by 2.39% in the last 24 hours, and is being traded at $112,173.04. Similarly, BNB has noted a surge of 3.75% during the same timeline for a value of $1,003.75. However, BNB price surge is likely based on the sentiment around Giggle Academy, which aims to make education accessible.
ETH Price Future Estimates
The resistance call stated by Lennaert Snyder features a rough value of $4,254.42, with the maximum value of $4,367.62. Reclaiming the resistance margin is likely to trigger long positions. Snyder has hinted at something similar in his X post. He has stated that longs are triggered after gains.
ETH price is expected to rise by around 11.50% to a value of almost $4,590.14, in the next 30 days. Ongoing volatility is 4.31% and the 14-Day RSI is 42.75 points. Sentiments around Ether are neutral but the FGI rating of 37 points out to fearful sentiments. The lowest support level has been set to around $3,858.19 – a decline any further could hint at a lower mark.
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Curious by nature, Ankur's core topic is Web3, but he's a versatile writer who can cover many more subjects. If you catch up with him in his free time, you'll find discussions often center around different movies and TV series. He's an easy person to talk to—you can literally chat with him about anything.
2025-09-29 14:112mo ago
2025-09-29 09:492mo ago
Cipher Is the Latest Bitcoin Miner to Pivot to AI; Price Target Raised to $16: Canaccord
The broker maintained its buy rating on the stock and raised its price objective to $16 from $12. Sep 29, 2025, 1:49 p.m.
Cipher Mining (CIFR) just delivered one of the most consequential weeks in its history, announcing a major AI hosting deal for its Barber Lake facility and a $1.1 billion convertible note offering, moves that together may redefine the company’s trajectory, broker Canaccord Genuity said in a report on Monday.
Canaccord reiterated its buy rating on the stock and raised its price target to $16 from $12. The shares rose 1.2% in early trading to around $11.60.
STORY CONTINUES BELOW
While the market had been expecting Cipher to secure an AI data center partner for Barber Lake before year-end, last week’s announcement went further than anticipated, the report said. CIFR inked an agreement with Fluidstack, backed by Google, confirming its place in the “miner pivot-to-AI” trend that is sweeping the industry.
Crucially, the deal arrived in during a flurry of hyperscaler and GPU cloud provider contracts, helping to validate demand for large-scale AI compute and putting to rest some concerns about market size, at least in the near term, analysts led by Joseph Vafi wrote.
The positive sentiment around Cipher's prospects has been reflected in its share price over the past several months, giving the company a stronger currency for capital raising, the analysts noted.
The $1.1 billion convertible note priced last week at a 0.00% coupon, an unusually attractive cost of capital, and is expected to allow the company to retain 100% ownership of Barber Lake, Canaccord said.
Management had earlier signaled that it might be willing to sell a stake in the project to reduce leverage. With improved equity pricing and stronger market fundamentals, the company appears positioned to fund Barber Lake without giving up equity.
More AI deals are likely. The Barber Lake agreement does not cover the entire facility, leaving meaningful capacity available for future contracts. With a 2.6 gigawatt (GW) development pipeline, energized sites like Odessa and the ramping Black Pearl could also see AI co-location deals in the future, the report added.
AI Disclaimer: Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards. For more information, see CoinDesk's full AI Policy.
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Total Crypto Trading Volume Hits Yearly High of $9.72T
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Combined spot and derivatives trading on centralized exchanges surged 7.58% to $9.72 trillion in August, marking the highest monthly volume of 2025
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Combined spot and derivatives trading on centralized exchanges surged 7.58% to $9.72 trillion in August, marking the highest monthly volume of 2025Gate exchange emerged as major player with 98.9% volume surge to $746 billion, overtaking Bitget to become fourth-largest platformOpen interest across centralized derivatives exchanges rose 4.92% to $187 billionView Full Report
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Chainlink Poised to Power TradFi Shift to Blockchain, Jefferies Says
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2025-09-29 14:112mo ago
2025-09-29 09:512mo ago
Cardano Foundation Unveiled Next Phase of Network Roadmap for Mass Adoption
The Cardano Foundation has unveiled an ambitious new roadmap aimed at accelerating global adoption, encompassing a strategy that spans decentralized finance (DeFi), Web3, governance, and real-world asset (RWA) integration.
In a blog post, the Foundation outlined six core initiatives that will shape its activities over the coming years. The plan hinges on a major push into DeFi, including the provision of an eight-figure ADA liquidity commitment to support stablecoin projects and improve on- and off-ramps into the ecosystem.
This effort will be reinforced by partnerships and community-driven proposals aimed at deepening Cardano’s DeFi footprint.
Expanding into Web3 and venture funding
The Cardano Foundation recognizes the need to boost adoption beyond traditional enterprises. As such, it is also enlarging its Web3 team, with a focus on integrations, listings, and tokenized real-world assets.
To complement this, the Cardano Venture Hub will expand its role in supporting startups and established businesses through direct investments, loans, and advisory programs. The Foundation has pledged up to 2 million ADA for 2026, while continuing collaborations with accelerators such as Draper U, Techstars, and CV Labs.
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The Foundation also plans to advance standards like CIP-0113 and CIP-0143 to enable programmable, interoperable tokens. Work is also underway with the Masumi Network to streamline agent-to-agent payments through Cardano’s infrastructure.
Moving forward, the Foundation will expand its delegation strategy by assigning 220 million ADA to 11 new Delegated Representatives (DReps), while reducing its own self-delegation to ensure broader community participation.
This is a shift from the previous five-year focus on stake pool operators toward fostering deeper ecosystem growth.
The new roadmap will also focus heavily on promotion and education. This move will be supported by a 12% increase in the marketing budget for 2026, aimed at amplifying outreach through events, content, and developer engagement.
Initiatives such as the Cardano Academy and Cardano Summit will continue to bridge blockchain with enterprise and regulatory circles.
Reacting to the roadmap, Cardano founder Charles Hoskinson called it “a good start,” while stressing the need for a community-elected board as “the last mile to reconciliation.”