Tether (CRYPTO: USDT)-backed stablecoin blockchain Plasma (CRYPTO: XPL) has retraced by over 33%, following its 100% price increase after the token launch on Sept. 25.
What Happened: Economist Alex Kruger explained that a ~40% drop over two days was driven by profit-taking from recently unlocked non-U.S. initial coin offering participants, with abnormally high funding pointing to continued spot selling.
Once this eases, a strong upward move is expected.
Trader Altcoin Sherpa noted relentless selling with little rebound, taking a loss on perpetuals but holding spot XPL and targeting $1 as a buy zone.
They cautioned that "catching falling knives" is risky, as momentum and supply control often outweigh fundamentals.
Trader Lord Durden highlighted that calling a "generational bottom" too early can be misleading.
Key bullish triggers include support reclaims, retests, and a 4-hour downtrend breakout.
Daily support at $1.11 is crucial, with further levels noted if price falls.
Also Read: Bitcoin Underperforms Ethereum By 60% In Q3: Which Coin WIll Perform Better In Q4?
Why It Matters: Aave's deposits on the Plasma chain exceeded $6.5 billion since mainnet launch, making it the second-largest Aave deployment within a week.
On Sept. 25, Plasma launched its XPL token, introducing a digital bank, Plasma One, and distributing 25 million tokens to pre-depositors, regardless of their investment size.
The distribution strategy assures broad and aligned ownership.
Despite the short-term drop, traders see Plasma as one of the few ways to gain direct stablecoin exposure in 2025, suggesting the project could be well-positioned for the coming year.
Read Next:
Bitcoin, Ethereum, XRP, Dogecoin Dip Ahead Of Government Shutdown Showdown
Image: Shutterstock
Market News and Data brought to you by Benzinga APIs
Ripple will release 1 billion XRP tokens from its monthly escrow tomorrow, continuing a long-standing program that parcels out pre-allocated tokens in scheduled tranches.
As of press time, XRP trades at $2.85, with a 24-hour volume of $5.02 billion, up nearly 19%. The token commands a market capitalization of $172.88 billion, meaning the upcoming 1 billion unlock carries a notional value of roughly $2.85 billion.
XRP 1-day price chart. Source: Finbold
That figure is more theatre than liquidity: it assumes every XRP token can be sold at once without moving the market, which is never how these unlocks work.
Ripple escrow wallets
The release will come from Ripple’s escrow wallets, a system introduced in 2017 to address long-running concerns about supply centralization. Ripple locked 55 billion XRP into a series of cryptographically secured accounts, programmed to release 1 billion XRP each month. Any unused portion is typically returned to escrow, extending the schedule further into the future.
This structure was designed to provide transparency, but in practice it also fuels ritualised speculation: every month, traders eye the clock, whisper about incoming “supply shocks,” and then watch as Ripple quietly returns much of it back into escrow.
What makes tomorrow’s tranche stand out is the whale behaviour. Data shows that large holders scooped up nearly 900 million XRP in just two days, suggesting some of the market’s biggest players are front-running retail fears around the unlock.
Meanwhile, the XRP Ledger’s EVM sidechain continues to quietly gather momentum. Total value locked (TVL) on the network has now crossed $105 million, underscoring early institutional interest in Ripple’s bid to marry traditional finance with DeFi rails.
All in all, it’s unlikely tomorrow’s release sparks volatility, but rather simply gets swallowed like the rest.
2025-09-30 14:182mo ago
2025-09-30 10:022mo ago
Bitcoin Price Prediction: $500m ETF Inflows Could Push BTC to $140K
Looking at the daily chart, we can see some ongoing consolidation between $109K and $120K – a 9% range that offers traders some wiggle room to make some short-term profits before the next directional move.
BTC remains above its 200-day exponential moving average (EMA), meaning that the long-term outlook is still positive. Meanwhile, the key support to watch sits at $108,000. A drop below this mark could result in a deeper correction to $105K.
On the other hand, if the token rallies once again, a spike above $120,000 could result in a move toward $145,000 or even $160,000 by using the magnitude of the last two upticks as a reference to estimate the asset’s future upside potential.
The Relative Strength Index (RSI) has sent an early buy signal upon crossing the 14-day moving average. The oscillator currently stands at 50. If it climbs to 60, that would increase the odds of a rally, as it means that positive momentum is gaining traction.
2025-09-30 14:182mo ago
2025-09-30 10:042mo ago
Fidelity Expands BTC and ETH Holdings After Sustained Gains
Fidelity has added BTC for $298.7 million.
It has also expanded ETH holdings by $202.2 million.
BTC price and ETH price have comparatively surged over the past 24 hours.
Fidelity has expanded its holdings for Bitcoin and Ethereum tokens. The move comes at a time when BTC price and ETH price are starting to maintain their positive moves. The collective worth of expanded holdings comes to more than $400 million, when respective transactions were executed. BlackRock recently added Ether worth over $154 million. These moves have sparked optimism also towards Spot Bitcoin ETF and Spot Ethereum ETF.
Fidelity Adds BTC and ETH Holdings
Fidelity has substantially added crypto tokens to its current holdings. The first transaction reported was for BTC with a total value of approximately $298.7 million. The second transaction reported that Fidelity added ETH worth around $202.2 million to its portfolio. This is being looked at from the perspective of accumulation backed by the sustained gains.
Interestingly, Spot Bitcoin ETF and Spot Ethereum ETF recorded inflows of $518 million and $546.9 million, respectively, on September 29, 2025. The inward movement of funds comes a week after both ETFs recorded major inflows.
BTC Price and ETH Price Drive
Expansion of BTC and ETH holdings by Fidelity comes at a time when BTC price and ETH price are driving upticks. Bitcoin tokens, for starters, are up by 0.7% over the past 24 hours and are being exchanged at $112,884.02.
BTC price had earlier peaked above the milestone of $114.50k. While the current price is down comparatively, such an accumulation has triggered anticipation that more upticks are on the way.
ETH price is currently up by 0.59% over the last 24 hours, trading at $4,153.08. It was briefly traded above $4,225 but the price has, since then, plummeted slightly.
BTC price is currently estimated to trade at around $119,447 in the next 30 days. Similarly, ETH price could have an exchange value of $4,622.62 during the same timeline. It is also important to remember that the crypto market is highly volatile, and price may be different during or at the end of the timeline.
BlackRock Adds ETH
Before Fidelity, it was BlackRock that reportedly added Ethereum tokens to its portfolio. Per the report by Whale Insider, BlackRock added ETH for approximately $154.2 million. This transaction was executed days after Fidelity sold BTC worth more than $75 million.
ETH price is now down by 0.81% and 6.61% in the last 7 days and 30 days, applicable in the same order. The downtrend has created a gap that Fidelity is potentially exploring to cover up before uptrends become a new pattern.
The contents of this article are neither recommendations nor advice for crypto trading and investment.
Highlighted Crypto News Today:
Sonic Price Bounces Back Strong with 75% Volume Explosion
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.
2025-09-30 14:182mo ago
2025-09-30 10:052mo ago
Massachusetts Lawmakers Consider Bitcoin Reserve to Hedge State Funds
Massachusetts lawmakers will soon consider whether the state should create a Bitcoin reserve. A bill introduced earlier this year proposes using state funds and seized crypto assets to establish a strategic stockpile. The proposal comes as several U.S. states weigh similar measures, with mixed results across the country.
In brief
Massachusetts lawmakers will review a bill proposing a Bitcoin reserve using state funds and seized crypto assets.
The plan allows up to 10% of the Commonwealth Stabilization Fund to be invested in Bitcoin and other digital assets.
Republican-led proposals face hurdles as Democrats hold a supermajority and control the governor’s office.
Other states and the federal government are exploring Bitcoin reserves, with mixed results and ongoing debates.
Lawmakers Set Hearing on Massachusetts Bitcoin Reserve Bill
Massachusetts lawmakers are set to hold a hearing on a bill that proposes creating a state Bitcoin reserve. The proposal, introduced in February by Republican Senator Peter Durant, will be discussed in a hearing by the Joint Revenue Committee.
The legislation calls for the creation of a Bitcoin strategic reserve in the state of Massachusetts. If approved, the legislation would allow the state treasury to invest up to 10% of the Commonwealth Stabilization Fund in Bitcoin and other digital assets. Seized cryptocurrency could also be added to the reserve.
The proposal is part of a broader push by Republican lawmakers across the country to integrate Bitcoin into state financial strategies. However, the chances of passage in Massachusetts remain uncertain.
Democrats hold a supermajority in both chambers of the legislature and control the governor’s office. The state’s entire congressional delegation also consists of Democrats, making it difficult for Republican-led measures to advance.
Massachusetts is one of only four U.S. states that refer to themselves as ‘commonwealths,’ although the designation has no legal distinction.
U.S. States and Federal Government Weigh Bitcoin Reserve Strategies
Across the country, similar bills have met mixed outcomes. New Hampshire and Texas are among the few states that have authorized their treasuries to hold Bitcoin as a reserve asset.
Meanwhile, states including Montana, North Dakota, Pennsylvania, South Dakota, and Wyoming rejected or failed to advance similar measures in 2025. Pending proposals in Michigan and Ohio could still move ahead, depending on political support.
The federal government has also taken steps toward formalizing crypto reserves. In March, President Donald Trump signed an executive order directing the establishment of a national Bitcoin and cryptocurrency stockpile, partly through seized assets. Republican lawmakers are seeking to codify this directive into law through the proposed BITCOIN Act.
Massachusetts Weighs Digital Assets as States Split on Crypto Strategy
Advocates argue that adding Bitcoin to state reserves could serve as a hedge against inflation and economic uncertainty. High-profile companies such as Michael Saylor’s MicroStrategy have long promoted this approach, and reports suggest that more firms adopted Bitcoin strategies in 2025 following the federal government’s policy shift.
While Massachusetts considers its next move, the debate reflects a growing divide in how states approach cryptocurrency. Some view it as an emerging tool for financial resilience, while others remain cautious about risks tied to volatility and regulation.
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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.
2025-09-30 14:182mo ago
2025-09-30 10:052mo ago
Dogecoin Price Prediction: XRP, Solana, and DOGE ETF Filings Withdrawn – But Here's Why That's Not Bearish
The SEC's unexpected request for asset managers to withdraw ETF filings for DOGE, XRP, Solana, and other altcoins may seem bearish at first glance, but it's actually a setup for faster approvals, supporting a bullish Dogecoin price prediction.
2025-09-30 14:182mo ago
2025-09-30 10:062mo ago
Bitcoin and Ethereum Hold Firm as Potential US Shutdown Looms
Bitcoin has cooled off after its explosive run past $114,000, with the latest pullback hinting at profit-taking and a temporary pause in buying pressure. Market participants appear cautious as liquidity thins out, leaving price action vulnerable to short-term swings. For the week ahead, a bullish scenario could drive BTC price toward the $118,500–$120,000 range, while a bearish turn may drag it back toward $110,000. The key question remains: will momentum favour another breakout or a deeper correction?
Why is the Bitcoin Price Plunging?Bitcoin failed to sustain above $115,000, triggering a swift rejection that dragged the price back toward $114,000. The move represents a 3% intraday slide and comes as traders locked in profits near the milestone level. Exchange inflows of over $420 million in BTC within 24 hours highlight increased selling intent, while spot trading volumes dropped 18%, thinning liquidity. This combination of heavy profit-taking and cooling demand has intensified the pullback, putting short-term pressure on BTC’s momentum.
Over the last 24 hours, spot Bitcoin ETFs have registered net outflows of roughly $103.8 million, with Fidelity’s FBTC alone shedding $75.6 million, while ARK’s ARKB saw $27.9 million in withdrawals. Smaller inflows from IBIT (+$2.5M) and BTCO (+$10M) weren’t enough to offset the selling pressure. This reversal highlights weakening institutional appetite just as leveraged long positions continue to unwind. Without strong ETF inflows to absorb supply, Bitcoin’s price action is increasingly fragile—failure to hold key support levels could open the door to a deeper correction, while renewed demand would be needed to restore bullish momentum.
What’s Next for the BTC Price Rally?Bitcoin price surged above the crucial resistance at $113,400 and marked an intraday high just above $114,000. Woefully, the bears began to book profits, causing the price to plunge below $113,000. While the technicals were pointing towards a bullish continuation, the current bearish action may hinder the progress of the rally.
Bitcoin is trading near $113,300, facing rejection from the descending trendline while struggling below resistance at $114,800. The CMF (0.08) shows modest capital inflows, but momentum remains weak. RSI sits at 50.4, signalling neutrality after a recent rebound from oversold zones. Price action suggests consolidation between $118,600 resistance and $107,200 support. A breakout above $114,800 could trigger a move toward $118,600, while failure to hold $113,000 risks a deeper correction toward $110,000–$107,200. Overall, the Bitcoin (BTC) price remains range-bound with cautious sentiment.
On the other hand, the Bitcoin (BTC) price has been maintaining a descending trend, forming consecutive lower highs and lows. Once it breaks above the falling resistance, the token may begin with a fresh bullish spell to $122,000 or higher.
2025-09-30 14:182mo ago
2025-09-30 10:142mo ago
Can XRP price hit $10 in a Uptober rally after spot ETF launch?
XRP price is gearing up for a strong “Uptober” rally in October as ETF approval odds jump, Ripple USD assets rise, and technicals align.
Summary
XRP price may surge in October amid bullish fundamentals.
The SEC is expected to approve numerous crypto ETFs in October.
XRP may jump to $5, but hitting the important point at $10 will be unlikely.
Ripple (XRP) was trading at $2.8585 today, Sept. 30, slightly above this month’s low of $2.7212 and well below the year-to-date high of $3.66.
XRP price boosted by strong fundamentals
The main reason XRP may stage a strong bull run in October is improving fundamentals.
For example, the recently-launched REX-Osprey XRP ETF has had strong inflows, a sign of soaring demand among investors. It has now grown to over $67 million in assets in less than two weeks.
Other XRP ETFs have also recorded solid inflows in recent months. For example, Teucrium’s XXRP ETF is near $400 million, while ProShares’ fund is over $100 million.
This growth suggests additional funds could see strong demand after launch. Some analysts predict these funds could collect over $8 billion in first-year inflows.
Another top catalyst for XRP is the momentum in Ripple USD. It has added over $789 million in assets, making it one of the largest stablecoins in the industry.
Meanwhile, the XRP Ledger is gaining momentum, with its total value locked in the real-world asset tokenization industry soaring to over $360 million.
Macro factors may also support XRP, with many analysts expecting the Federal Reserve to continue cutting interest rates at the October meeting.
Can Ripple price jump to $10?
XRP price chart | Source: crypto.news
The daily chart shows XRP has been forming multiple bullish patterns. It has formed a descending wedge pattern, which is part of a bullish pennant. Wedges and pennants are highly bullish patterns.
XRP also appears to be in the second stage of the Elliott Wave pattern. This phase is typically followed by the third wave, often the most bullish in technical analysis.
The coin has also formed a bullish continuation pattern known as a cup-and-handle. Therefore, its fundamentals point to the potential for a short squeeze in October.
The first target is the year-to-date high of $3.660, followed by the extreme overshoot level on the Murrey Math Lines tool. A break above that target could push XRP toward $5. The odds of hitting $10 during a potential Uptober rally remain limited.
2025-09-30 14:182mo ago
2025-09-30 10:162mo ago
LINK Price Eyes Recovery as Reserves Grow and ETF Speculation Builds
LINK price has remained under pressure through September, slipping into a bear market and briefly touching its lowest point since August.
Yet, the signs of a turnaround are emerging. With a cup-and-handle pattern forming, LINK’s strategic reserves expanding, and even the institutional momentum is firmly building, LINK crypto could be preparing for a pivotal rebound.
LINK Price Supported by Strategic ReservesA key development cushioning the LINK price is the Strategic LINK Reserves. Since early August, it has accumulated more than 371,000 LINK coins, valued at around $8 million at an average cost basis of $22.49.
These reserves are being created by redirecting on-chain and off-chain fees toward direct LINK token purchases.
This strategy is significant because demand for LINK crypto is closely tied to adoption. As Chainlink’s network grows, fees are expected to rise, thereby increasing reserve accumulation.
The steady buildup not only supports the LINK price forecast narratives but also signals their firm confidence in long-term value creation.
ETF Anticipation Adds Fuel to the NarrativeThe LINK price chart may also be gearing up for momentum as altcoin ETF speculation intensifies. Proposals for Grayscale and Bitwise LINK ETFs are under review by regulators, a development that could attract U.S. investors and further institutionalize demand for Chainlink crypto.
Bitwise just filed an S-1 with the U.S. SEC to launch a spot $LINK ETF
This is the first ETF filing focused solely on providing spot exposure to LINK (previous filings had LINK as part of a basket)
ETF structures are a natural fit for institutional capital
Love to see it 🔥 pic.twitter.com/YfBnPDYYyV
— Zach Rynes | CLG (@ChainLinkGod) August 26, 2025 Recent data confirm heightened interest in altcoin ETFs, with products such as Ethereum, XRP, Solana, and Dogecoin already experiencing strong inflows.
If LINK price USD receives similar regulatory traction, it could unlock a new phase of market participation. This aligns with broader expectations of increasing demand for real-world asset tokenization, an area where Chainlink has positioned itself as a leader.
Supply Shock and Investor AccumulationAnother factor that may potentially drive the LINK price prediction is the rapid decline in exchange reserves. In just 30 days, investor wallets have absorbed nearly 20 million LINK tokens.
Such a structural shift, often viewed as a precursor to a supply shock, indicates growing confidence from larger players.
The reduction in available supply coincides with broader institutional headlines. This convergence suggests that LINK price today could be entering a period where demand significantly outpaces immediate supply, creating favorable conditions for upward movement.
SWIFT Ledger and Institutional PartnershipsSimilarly, another optimistic news build momentum for LINK crypto and was reinforced at the Sibos 2025 conference when SWIFT unveiled its plans for a blockchain-based shared ledger built with Consensys and over 30 major banks, including JPMorgan and HSBC.
The announcement was such a bold move it quickly reignited interest in Chainlink, given its role in bridging traditional finance with blockchain infrastructure.
Have you heard the news? 📰
In the Sibos opening plenary, our CEO, Javier Perez-Tasso, revealed plans to add a blockchain-based shared ledger to our infrastructure stack.
Together with over 30 leading financial institutions, this initiative aims to make real-time, 24/7… pic.twitter.com/ckVvMmIvH0
— Swift (@swiftcommunity) September 29, 2025 Even the Chainlink itself highlighted its corporate actions initiative on X confirming the news that they really haveexpanded to 24 global financial institutions, including Swift, ANZ, Schroders, and Zürcher Kantonalbank. These partnerships add credibility to LINK price forecast expectations by demonstrating real-world adoption and institutional trust.
Technical Outlook: LINK Price PredictionOn the technical front, LINK price has formed a cup-and-handle pattern, a structure often associated with bullish reversals.
If the $20 floor continues to hold, the next potential target lies around $28, marking mid-range resistance.
Beyond that, the broader rising channel, established since 2023, still frames the longer-term trend.
Under this structure, the LINK price in USD could extend toward higher resistance near $47 if momentum persists, suggesting room for significant upside in the months ahead.
2025-09-30 14:182mo ago
2025-09-30 10:162mo ago
11M XRP Exits Upbit — Double Bottom and Bollinger Bands Point to $3.50
Approximately 11 million XRP, worth around $31.7 million, were withdrawn from the Upbit exchange into private wallets, signaling potential long-term holding.
Technical analysis shows XRP forming a bullish double-bottom pattern, supported by key trendline levels.
Meanwhile, Bollinger Bands suggest a favorable scenario that could push XRP toward $3.50 if momentum sustains, highlighting positive market dynamics and growing investor confidence.
The crypto market is currently navigating a delicate balance between pressure and opportunity. XRP is trading at $2.84, slightly below the daily midline near $2.94, which shows some short-term bearish pressure, yet the weekly chart presents a different perspective, as the token remains above the midband at $2.73. Historically, defending this level has led to rallies toward the upper Bollinger Band, currently around $3.56. On the monthly scale, XRP continues to hold above its central line near $1.57, maintaining a constructive long-term trend. These mixed signals suggest that while short-term caution is warranted, the market could still favor an upward move if momentum strengthens.
Strategic Wallet Transfers Reflect Growing Investor Confidence
The withdrawal of 11 million XRP from Upbit is being interpreted as a strategic move by investors, reflecting a preference for long-term holding rather than immediate trading. Market commentator Xaif Crypto notes that institutional and high-net-worth investors increasingly manage their XRP holdings directly, reducing counterparty risk while taking advantage of staking, liquidity, and DeFi opportunities. Such transfers often indicate proactive engagement with features on the XRP Ledger, such as mXRP and emerging decentralized finance protocols, which provide multiple avenues for yield and strategic deployment of capital.
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From a technical standpoint, XRP has formed a clean double-bottom pattern near key support between $2.76 and $2.82. Market analyst Lingrid highlights that this formation signals a potential trend reversal and a stair-step climb toward higher lows. A sustained break above the $2.94–$3.00 resistance could propel XRP toward $3.15–$3.25, with the potential to reach $3.50 if momentum continues. The controlled recovery emphasizes structural stability and suggests that buyers are gradually gaining confidence while selling pressure weakens.
Currently, XRP is priced at $2.84 with a 24-hour performance of -0.39%, a market capitalization of $170.41 billion, and a 24-hour trading volume of $5.01 billion, reflecting an 18% increase. The combination of large-scale withdrawals, a confirmed double-bottom pattern, and supportive Bollinger Band indicators points to renewed optimism for the token. Investors who monitor trendlines and higher lows may view these conditions as favorable for potential gains while maintaining a disciplined approach to risk.
2025-09-30 14:182mo ago
2025-09-30 10:172mo ago
Fact Check: Did the Texas Senate Approve the ‘XRP Reserve Bill' to Buy $100 Million in XRP Annually?
A rumor has been circulating online claiming that the Texas Senate passed an “XRP Reserve Bill” that would require the state to purchase up to $100 million worth of XRP each year. This claim is false.
What Really Happened
On September 27, the Texas Senate approved Senate Bill 21, which creates the Texas Strategic Bitcoin Reserve. The legislation allows the state to invest in cryptocurrencies, but only those with a market capitalization above $500 billion. Currently, the only asset that meets this threshold is Bitcoin.
No Mention of XRP in the Law
The text of SB 21 does not mention XRP or any other altcoin. It is specifically focused on Bitcoin and recognizes its role as a digital store of value. Suggestions that Texas will regularly buy XRP or establish a state-backed XRP reserve are not supported by any official documents or reporting.
Background
Previously, the Trump administration announced plans for a US Strategic Bitcoin Reserve and a Digital Asset Stockpile made up of altcoins.
It was revealed that the Strategic Bitcoin Reserve will initially consist of BTC previously seized by the US government and held by the Treasury. Treasury Secretary Scott Bessent and Commerce Secretary Howard Lutnik will explore ways to add more BTC to the reserve in the future without affecting taxpayers, including transfers from other federal agencies.
The Digital Asset Stockpile, which contains only altcoins, operates differently. It will consist of crypto seized from illicit activities. Unlike the Bitcoin reserve, there are no plans to add more altcoins except those acquired from future seizures.
Earlier confusion arose when Trump mentioned on social media that XRP, SOL, ADA, ETH, and BTC would be part of the reserves. Experts clarified that this was likely a reference to top altcoins by market cap, and it’s unclear if the government currently holds all these cryptos.
Verdict
The claim that Texas has passed an XRP Reserve Bill is misleading. Texas has approved a Strategic Bitcoin Reserve, not an XRP reserve. Any reports suggesting otherwise are false.
2025-09-30 13:182mo ago
2025-09-30 08:302mo ago
ASTER Drops 25% From All-Time High — Traders Go Short as Accumulation Wanes
ASTER price has dropped 25% since its $2.43 peak, with weak buy-side demand and bearish sentiment weighing on price momentum. Futures traders lean negative as the long/short ratio slips to 0.92, showing shorts dominate market positioning for ASTER. With support at $1.71 in focus, ASTER risks deeper losses to $1.48 unless fresh demand drives a recovery above $2.03.ASTER, the native token of decentralized perpetuals exchange Aster, has struggled to maintain momentum after reaching its all-time high of $2.43 on September 24.
Since then, the altcoin has shed 25% of its value, and technical indicators point to the risk of further downsides.
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Weak Demand Puts ASTER Price at Risk of Further Losses
On-chain signals show sustained weakness in buy-side demand, increasing the risk of the cryptocurrency facing deeper losses if market sentiment does not improve.
The altcoin’s long/short ratio has fallen steadily over the past few days, highlighting the growing negative bias among futures traders. As of this writing, ASTER’s long/short ratio is 0.92 and remains in a downtrend.
For token TA and market updates: Want more token insights like this? Sign up for Editor Harsh Notariya’s Daily Crypto Newsletter here.
ASTER Long/Short Ratio. Source: Coinglass
The long/short ratio measures the proportion of traders holding long positions (bets that an asset’s price will rise) against those holding short positions (bets that the price will fall).
A ratio above one indicates that more traders expect upward momentum, reflecting a bullish sentiment in the derivatives market. Conversely, a ratio below one signals that most participants are betting on further downside.
ASTER’s long/short ratio confirms that shorts are dominating the market, with more traders positioning themselves for price declines than for a recovery. This could result in a further loss of confidence, which may push the altcoin’s value further downward.
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Further, on the four-hour chart, the token’s declining Accumulation/Distribution (A/D) Line confirms the waning buying interest.
ASTER A/D Line. Source: TradingView
This indicator tracks the relationship between an asset’s price and trading volume, highlighting whether traders are leaning toward accumulation or distribution.
When it falls like this, it means investors have limited interest in holding the asset at higher price levels, putting ASTER at risk.
ASTER Price Teeters Near Crucial Floor
At press time, ASTER trades at $1.8198, hovering right about the support floor at $1.7119. If demand weakens further, this price level could give way, opening the door to a deeper dip toward $1.4882.
ASTER Price Analysis. Source: TradingView
On the other hand, if new demand enters the market, it could push its price past the $2.0303 resistance and toward $2.1650. A breach above this level could push ASTER’s price to revisit its all-time high of $2.436.
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.
Dogecoin (DOGE) is ending September with mild bearish momentum, but technical indicators and historical performance suggest the coin could surge in October.
This outlook, shared by TradingShot in a TradingView post on September 30, indicated that Dogecoin has been moving within an upward channel since March, showing a consistent pattern of higher highs and higher lows.
DOGE price analysis chart. Source: TradingView
The analyst noted that recent price action has found support along the higher-lows trendline that emerged from the August 3 low, reinforced by the 100-day moving average (MA).
This support level is critical, as maintaining it suggests Dogecoin could test the upper boundary of the channel, aligned with the higher-highs trendline, during October.
To this end, TradingShot’s technical projections indicate that a successful rebound from this level could see Dogecoin reaching a target of $0.32, corresponding to the 1.136 Fibonacci extension of the prior move.
If Dogecoin closes a daily candle above the channel’s upper boundary, it could surge over 100% to $0.41.
Conversely, a drop below the 1D MA100 would signal a bearish reversal, potentially pushing it down to $0.17, reflecting past declines of about 45% from channel lows.
DOGE price analysis
By press time, DOGE was trading at $0.23, having corrected by almost 0.5% in the last 24 hours. On the weekly timeframe, the meme cryptocurrency has plunged almost 5%.
DOGE seven-day price chart. Source: Finbold
Meanwhile, Dogecoin’s technical structure shows neutrality. At the current price, the token’s 50-day simple moving average (SMA) at $0.2351 serves as immediate resistance, signaling short-term consolidation.
The 200-day SMA at $0.2088 provides solid long-term support, highlighting an enduring bullish undercurrent as the price remains well above this level, avoiding a death cross and hinting at sustained recovery potential.
Complementing this, the 14-day Relative Strength Index (RSI) of 44.78 indicates neither overbought nor oversold territory, suggesting balanced momentum poised for upside if buying pressure builds to breach the 50-day SMA.
Featured image via Shutterstock
2025-09-30 13:182mo ago
2025-09-30 08:322mo ago
Bitcoin Price Prediction: Data Shows That Whales Are Betting Big Again – ‘Uptober' Could Be the Biggest Month Yet
Key NotesTether’s user base exceeds 400 million, growing 35 million wallets per quarter.Holding $127B in US Treasury, Tether is among the top 20 holders globally.Tether bought 8888.88 BTC for a massive $1 billion earlier today.
Tether, the issuer of the world’s largest stablecoin USDT, is potentially on track to surpass Saudi Aramco in profits, close to becoming the most profitable company in history.
In his recent note, Bitwise Chief Investment Officer Matt Hougan said that Tether’s explosive growth trajectory is likely, considering the enormous global currency and money markets it can access.
This hot take comes after Hougan highlighted earlier this month that on-chain borrowing and tokenization are set to shake global capital markets over the next several years.
With over 400 million users worldwide and wallets increasing by 35 million each quarter, Tether has established a firm presence in developing countries while also strengthening the US dollar, said Hougan.
Financial Strength and Diversification
As of Q2 2025, Tether holds $127 billion in US Treasury bonds, ranking among the top 20 holders globally and comparable to sovereign nations like the UAE and Germany.
Hougan noted that if emerging markets increasingly adopt USDT, Tether could manage trillions in assets, potentially surpassing Saudi Aramco’s $120 billion profit record for 2024.
“There’s a chance that many emerging market countries will convert from primarily using their own currencies to using USDT. If that happens, Tether could end up managing trillions of dollars and capturing all of the interest,” said Hougan.
With fewer than 200 employees, Tether is projected to earn around $13 billion this year and holds over 100,000 BTC valued at $11.4 billion.
Tether is not a new cryptocurrency company. Beyond stablecoins, the company has invested in AI, telecommunications, data centers, energy infrastructure, and Bitcoin mining.
Expansion and Market Impact
As per CNBC, Tether is also evaluating a major fundraising round, potentially raising $15 billion to $20 billion for a 3% stake, which could value the company at $500 billion. However, the discussions are still in early stages, and final details could change.
CEO Paolo Ardoino said that the funds would accelerate Tether’s strategy across multiple sectors, including artificial intelligence, commodity trading, energy, and communications.
If the deal materializes, the company would rival some of the world’s biggest private firms, such as SpaceX and OpenAI. Also, with President Donald Trump’s pro-crypto stance, Tether has been making a push back into the US market.
$1B BTC Purchase
According to the latest market data, Tether spent a massive $1 billion to buy 8888.889 BTC, marking the last day of the third quarter.
Just In: Tether (@Tether_to) has bought 8,888.889 $BTC worth $1B, on the last day of Q3 2025.
Meanwhile, BTC trades at $113,000 and hasn’t moved much in the past week. The buying pressure has dropped to its lowest point in a year, as investors wonder where the leading digital asset is headed.
Disclaimer: Coinspeaker is committed to providing unbiased and transparent reporting. This article aims to deliver accurate and timely information but should not be taken as financial or investment advice. Since market conditions can change rapidly, we encourage you to verify information on your own and consult with a professional before making any decisions based on this content.
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A crypto journalist with over 5 years of experience in the industry, Parth has worked with major media outlets in the crypto and finance world, gathering experience and expertise in the space after surviving bear and bull markets over the years. Parth is also an author of 4 self-published books.
ASTER defends hot support at $1.60–$1.80 for a potential 35% rebound next month.
October’s $325 million token unlock looms, but ASTER’s $1 billion daily volume suggests the market can absorb the supply.
Aster (ASTER) has corrected by more than 25% a week after hitting a record high at around $2.43, and was trading for $1.80 as of Sept. 30. Can this Binance-linked DEX token recover in October?
Hot support makes case for 35% ASTER price reboundASTER’s correction has pulled it into a “hot support” zone at $1.60–$1.80, which, as analyst Michaël van de Poppe notes, has preceded 15–35% rebounds.
ASTER/USDT four-hour price chart. Source: TradingViewThus, he anticipates a similar bounce in the coming days, noting that “a break through $2” may send ASTER to a new record high above $2.43.
This bullish outlook aligns with ASTER’s prevailing falling wedge pattern, a technical setup often associated with trend reversals to the upside.
ASTER/USDT four-hour price chart. Source: TradingViewThe breakout projects a measured move toward $2.22–$2.45 in October if confirmed, amounting to a 35%-plus rally.
Trader BitcoinHabebe predicts Aster price will hit $3 in October if it bounces decisively from the $1.60-$1.80 area, saying that the range is “for accumulation.”
What could change this bullish Aster outlook?The bullish case could flip if ASTER falls below $1.60–$1.80, Van de Poppe warns, opening the door for a drop toward $1.25, which lies near the support zone from Sept. 21–22.
This bearish outlook is based on a descending triangle pattern, a setup that traders often view as a warning sign.
ASTER/USDT four-hour price chart. Source: TradingViewIn this formation, the price makes lower highs, showing that buyers are losing strength, while a flat support line holds the floor. If that support eventually breaks, it usually signals that sellers have taken control, often leading to a sharper drop.
In ASTER’s case, the descending triangle’s measured move points to a decline toward $1.26, just around Van de Poppe’s downside target for October.
ASTER token unlock looms over OctoberTechnicals aside, Aster faces a major token unlock on Oct. 17, when 183.13 million ASTER, worth approximately $325 million—or 11% of the market cap—will enter circulation, according to data resource DropStab.com.
ASTER appears to be better positioned than most tokens to handle its upcoming unlock, however.
The project processes nearly $1 billion in daily trading volume and holds over $2.26 billion in total value locked (TVL), signaling deep liquidity across its ecosystem.
Aster DEX dashboard. Source: DeFi LlamaThat kind of activity suggests the market can likely absorb the new supply. It may even act as a springboard for ASTER’s rally to a new record high, if traders see the unlock as a chance to “buy the dip.”
But not all analysts agree. Trader Gordon, who claims to have made $1.40 million in profits by shorting ASTER, argues that buyers may hesitate at current levels.
Source: GordonHe points to the project’s tokenomics, noting that roughly $700 million worth of ASTER is set to unlock by year’s end, warning the token may “keep bleeding” as new supply hits the market.
Aster is already considering a vesting schedule for airdrop recipients to limit such downside risks.
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.
2025-09-30 13:182mo ago
2025-09-30 08:432mo ago
Crypto ETFs See $1.1B Surge as ‘Uptober' Momentum Lifts Bitcoin and Ether
Ethereum ETFs: Net inflows of $547M ended a five‑day losing streak, with Fidelity and BlackRock leading gains. ETH trades at $4,155, still down 7% in 30 days but up 25% year‑to‑date, showing resilience despite weaker volumes.
Bitcoin ETFs: Added $522M in fresh capital, reversing outflows as Fidelity’s FBTC dominated. BTC reclaimed $113K, bounced off $108K support, and “Uptober” seasonality reinforced optimism with average October gains of 27% since 2017.
Market Outlook: Despite $812M global outflows and a $20B AUM drop, analysts highlight the SEC’s pending ETF rulings as pivotal. Regulatory clarity could extend October’s momentum and potentially open the door to new altcoin‑linked products.
Bitcoin and Ethereum ETFs staged a sharp rebound in the latest trading session, pulling in nearly $1.1 billion in combined inflows. The surge snapped a week-long stretch of weakness that had weighed on sentiment. Bitcoin briefly traded above $114,000 before dipping back to $112,000, while analysts flagged $115,000 as the key resistance level. The Fear and Greed index reflected neutral sentiment, but October’s historical strength for Bitcoin added to optimism.
Ethereum ETFs Lead With $547M Inflows
Ethereum products spearheaded the rally, attracting $547 million in net inflows after five consecutive days of outflows. Fidelity’s FETH captured the largest share at $202 million, followed by BlackRock’s ETHA with $154 million. Grayscale’s ETHE, Bitwise’s ETHW, and VanEck’s ETHV also posted solid gains. Despite the inflows, overall trading volumes slipped to $1.89 billion, while total net assets stood at $27.5 billion. Ethereum’s price has fallen 7% in the past 30 days but remains up 25% year-to-date, trading at $4,155.
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Bitcoin ETFs Pull in $522M
Bitcoin ETFs were close behind, securing $522 million in fresh money and reversing a two-day outflow streak. Fidelity’s FBTC dominated with $299 million, while Grayscale’s GBTC added $27 million. BlackRock’s IBIT was the sole fund to experience net outflows. The inflows coincided with Bitcoin bouncing off $108,000 support to reclaim $113,000, climbing above its 50-day moving average. Historically, October has delivered average gains of 27% for Bitcoin since 2017, reinforcing the “Uptober” narrative. At press time, BTC traded at $113,024, up more than 4% in the past month.
Broader Market Sees $20B AUM Decline
The rebound contrasted with a tougher week for crypto investment products overall. Global outflows of $812 million in the week through September 27 cut industry assets under management to $221 billion, down from a record $241 billion. Analysts linked the retreat to fading expectations of US interest rate cuts and a softer Bitcoin price. The divergence highlights how ETF inflows can mask broader market weakness, underscoring the volatility that continues to define digital assets.
Regulatory Decisions Loom Large
Market watchers are now focused on pending US regulatory decisions. The Securities and Exchange Commission is expected to weigh in on several spot crypto ETF filings in the coming weeks. Nate Geraci, president of The ETF Store, noted that the next two weeks could be pivotal, potentially opening the door to new altcoin-linked products. With seasonality favoring Bitcoin and investor appetite returning, regulatory clarity could determine whether the current momentum extends deeper into October.
2025-09-30 13:182mo ago
2025-09-30 08:452mo ago
Bitcoin Price Watch: Bulls Aim for $118K, Bears Circle Below $111K
Bitcoin is still flexing its trillion-dollar muscles this morning, trading at $113,083 with a market cap of $2.25 trillion and a 24-hour trading volume of $61.95 billion. The price ping-ponged between $112,009 and $114,762 over the last 24 hours, making it the kind of market that either keeps you caffeinated or completely unhinged.
2025-09-30 13:182mo ago
2025-09-30 08:462mo ago
“Goddess of Wealth” Pleads Guilty in 61K Bitcoin Laundering Scheme
Key NotesZhimin Qian, linked to a massive investment scam in China, has pleaded guilty to money laundering charges in a UK court.The case involves the seizure of 61,000 Bitcoin, now valued at over £5 billion, marking one of the largest crypto seizures in the world.A new debate is emerging over whether the recovered funds will be returned to 128,000 victims or be retained by the UK government.
Zhimin Qian, the fugitive known as the “Goddess of Wealth,” has pleaded guilty to money laundering in a landmark case at London’s Southwark Crown Court. Qian was the central figure in a large-scale investment fraud that defrauded over 128,000 people in China between 2014 and 2017, converting the illicit gains into a massive stash of Bitcoin.
The conviction is the latest development in a long-running saga that previously saw her associate, Jian Wen, sentenced for her role in the criminal organization.
According to a BBC report, Qian fled China with false documents and entered the UK, where she attempted to clean the stolen money. Her scheme is a stark reminder of the risks within the digital asset space, which range from sophisticated scams to exit events like the Hypervault rug pull.
Details of the £5B Bitcoin Seizure
The scheme originated as a massive investment fraud in China, where Qian cultivated a persona as “the goddess of wealth”. Between 2014 and 2017, she convinced more than 128,000 victims, many of whom were between 50 and 75 years old, to pour their savings into investments she promoted. According to reports, the scam often spread through social networks, with victims being encouraged to invest by their own friends and family members.
The subsequent investigation, led by the Metropolitan Police in cooperation with Chinese authorities, resulted in what is believed to be the world’s largest-ever cryptocurrency seizure. Officers recovered digital wallets containing over 61,000 Bitcoin
BTC
$113 147
24h volatility:
1.0%
Market cap:
$2.26 T
Vol. 24h:
$60.90 B
. At current market prices, the assets are valued at more than £5 billion ($6.7 billion).
The scale of the operation underscores how organized criminals use crypto assets and sophisticated tools like the “ModStealer” malware to obscure the trail of their funds. According to Robin Weyell, the deputy chief Crown prosecutor, organized criminals increasingly use Bitcoin and other cryptocurrencies to hide and move their funds.
Now that Qian has been convicted, the fate of the seized funds has become a point of contention. According to her solicitor, Roger Sahota, Qian hopes to comfort the investors who have waited for compensation since 2017. Sahota also noted that the appreciation of Bitcoin’s value ensures that there are now sufficient funds to repay the victims.
However, reports suggest the UK government may seek to retain the assets. Recent reforms to UK crime legislation have made it easier to seize, freeze, and recover digital assets involved in illicit activities. This development creates uncertainty for the thousands of victims who lost money in the original investment scheme.
Will Lyne, the head of the Met’s Economic and Cybercrime Command, described the conviction as the result of a dedicated, multi-year investigation. The complex probe spanned multiple jurisdictions, showcasing challenges similar to those seen in the recent Coinbase data breach, where insiders and external hackers collaborated. Qian remains in custody and will be sentenced at a later date.
Disclaimer: Coinspeaker is committed to providing unbiased and transparent reporting. This article aims to deliver accurate and timely information but should not be taken as financial or investment advice. Since market conditions can change rapidly, we encourage you to verify information on your own and consult with a professional before making any decisions based on this content.
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As a Web3 marketing strategist and former CMO of DuckDAO, Zoran Spirkovski translates complex crypto concepts into compelling narratives that drive growth. With a background in crypto journalism, he excels in developing go-to-market strategies for DeFi, L2, and GameFi projects.
Zoran Spirkovski on X
2025-09-30 13:182mo ago
2025-09-30 08:502mo ago
Bloomberg analyst puts odds of Litecoin, Solana and XRP ETF approvals at 100% after 19b-4s rendered ‘meaningless'
$1B Asia Bitcoin treasury play: AsiaStrategy starts with 30 BTC, taps Anchorage Liam 'Akiba' Wright · 6 seconds ago · 4 min read
Can Anchorage’s U.S.–Singapore rails spark an Asian wave of BTC treasuries?
Sep. 30, 2025 at 1:50 pm UTC
4 min read
Updated: Sep. 30, 2025 at 1:50 pm UTC
Cover art/illustration via CryptoSlate. Image includes combined content which may include AI-generated content.
AsiaStrategy appointed Anchorage Digital for custody and settlement of its Bitcoin treasury operations and bought 30 BTC on Sept. 30.
Per AsiaStrategy, the mandate covers cross-border workflows in the United States and Asia, with Anchorage Digital serving as primary custodian and infrastructure provider for treasury execution and settlement across the corridor.
According to Anchorage Digital, the mandate is supported by its regulated footprint, including Anchorage Digital Bank N.A., the only federally chartered crypto bank in the United States, Anchorage Digital Singapore, licensed by the Monetary Authority of Singapore, and a New York BitLicense.
Anchorage Digital added that, following enactment of GENIUS, Anchorage Digital Bank became a U.S. federally regulated stablecoin issuer bank, and the platform also offers trading and staking alongside custody. AsiaStrategy said it plans to increase purchases beyond the initial 30 BTC as it builds out its treasury.
The Asia Bitcoin treasury titanThe move formalizes a custody and settlement stack that AsiaStrategy had been assembling through 2025 as it repositioned the company around institutional Bitcoin strategies.
The Hong Kong based firm, listed on Nasdaq under ticker SORA, rebranded in May to focus on digital assets and blockchain initiatives after legacy operations in luxury watch distribution.
The pivot has since combined public-market exposure with operating subsidiaries that accept and settle in Bitcoin, as covered in prior reporting on the firm’s merger and rebrand with Sora Ventures and related strategic investments in the region through the summer of 2025, including capital allocation toward an Asian Bitcoin treasury model.
In September, AsiaStrategy expanded commercial rails by enabling sales of high-end watches settled in Bitcoin following a $10 million raise, integrating retail and treasury functions through the same asset base to align inventory cash cycles with BTC liquidity and settlement timing.
The group has also participated in cross-border transactions targeting Thailand, where a consortium of Asian firms pursued acquisitions to extend a public-company Bitcoin treasury model into Southeast Asia’s retail and listed-vehicle landscape.
Regional expansion has been framed against the scale of the ASEAN economy and the potential to route balance-sheet BTC through local operating units and listed structures, as previously detailed in analysis of corporate treasuries eyeing an ASEAN Bitcoin treasury pathway.
Funding capacity for institutional allocation has been a parallel track. Earlier this month, Sora outlined a $1 billion Bitcoin fund with $200 million already committed, positioning a pool of capital that could interoperate with listed-company treasuries, private vehicles, and settlement intermediaries across the region, creating potential counterparties for AsiaStrategy’s treasury operations and Anchorage’s settlement rails.
That pool, alongside Anchorage Digital’s bank-chartered custody and settlement, provides a path for larger balance-sheet deployments that require regulated segregation, audited controls, and standardized post-trade workflows across jurisdictions.
What does this mean for AsiaStrategy?Operationally, the Anchorage mandate gives AsiaStrategy a single control plane for cold and warm storage, on and off ramp settlement, and agency or principal execution, while preserving auditability across Hong Kong, U.S. and Singapore entities.
Anchorage Digital says its platform supports institutional settlement cycles that can be aligned to corporate accounting periods and disclosure timelines, as well as stablecoin issuance programs under the new GENIUS framework.
For AsiaStrategy, that stack reduces friction in reconciling BTC inventory for both treasury and commerce, addressing settlement finality, cut-off times and counterparty risk through a regulated custodian.
AsiaStrategy’s timeline across 2025 shows how those pieces have been staged to converge on treasury deployment.
The company rebranded in May, advanced M&A and regional initiatives in July, expanded operating rails in September, and is now live with custody and settlement for treasury purchases.
The 30 BTC acquisition on Sept. 30 starts the balance-sheet leg of that plan and sets a reference point for subsequent purchases, with Anchorage as the system of record for movements between trading, custody and settlement accounts.
Luke Liu, AsiaStrategy’s chief investment officer, said the company is building to scale Bitcoin treasury across Asia, noting that the Anchorage tie-up secures the infrastructure required for that plan.
Where AsiaStrategy stands outThe company’s approach mirrors a playbook used by other public companies that financed BTC balance-sheet strategies through a mix of equity raises, operating cash flows and structured instruments, then paired those allocations with integrated commerce that accepts BTC to shorten settlement cycles.
AsiaStrategy’s watch business, now enabled for Bitcoin settlement, demonstrates how retail sales can feed BTC flows directly into treasury, creating internal netting between incoming and outgoing transactions.
That design, when conducted through a federally chartered custodian, can simplify controls for auditors and investors who track wallet segregation, role-based access and board-approved treasury policies.
Where AsiaStrategy extends the model is in its cross-border posture.
With Anchorage Digital Bank in the United States and a licensed entity in Singapore, treasury teams can route liquidity between U.S. dollar rails, Singapore regulatory frameworks and Hong Kong operations without re-architecting custody each time a jurisdiction changes.
Anchorage Digital’s settlement services are designed to bridge trading venues and over-the-counter flows with custody movements, which is relevant for a listed company that must coordinate disclosure windows, blackout periods and insider-trading constraints with treasury activity.
AsiaStrategy said its initial 30 BTC purchase is not a cap, and that it plans to add to holdings while building out treasury governance under the new custody arrangement.
The company emphasized that Anchorage Digital will remain its primary infrastructure partner for custody and settlement as it executes additional purchases and extends treasury operations across the U.S.–Asia corridor.
Disclaimer: Sora Ventures is an investor in CryptoSlate.
Mentioned in this articleLatest Asia StoriesLatest Bitcoin Stories
2025-09-30 13:182mo ago
2025-09-30 08:542mo ago
Sonic token price defends yearly lows at $0.22, will this trigger a reversal?
Sonic token price has defended its yearly low at $0.22 under oversold conditions, setting the stage for a potential bullish rotation. A reclaim of the $0.26 resistance would confirm a failed auction and open the door for further upside.
Summary
Bulls successfully defended the yearly low at $0.22.
A reclaim of $0.26 would confirm a failed auction and shift momentum bullish.
Key upside targets are $0.31 (POC) and $0.40 (VAH).
The Sonic token (SONIC) has reached a critical point in its price structure, with bulls stepping in to defend the yearly low during a period of heavy selling pressure. Market auction theory suggests that if buyers regain control above $0.26, the deviation from the yearly low could trigger a significant rotation toward higher resistance levels.
Adding to this, Sonic Labs is introducing new tokenomics to back its U.S. expansion and attract institutional adoption, adding a fundamental layer of support to the bullish case. With $0.31 and $0.40 standing as key technical barriers, the coming sessions will be decisive in determining whether the bullish defense will lead to a broader expansion.
Sonic price key technical points
Yearly Low Defended: Bulls held $0.22, now confirmed as the yearly low.
Key Resistance: $0.26 remains the immediate level that must be reclaimed to validate a failed auction.
Major Resistance Levels: $0.31 (point of control) and $0.40 (value area high) are critical targets for any sustained rally.
SUSDT (1D) Chart, Source: TradingView
Recent price action has shown Sonic trading in extreme oversold conditions, where bears attempted to extend losses but failed to push the token below $0.22. This level now represents the yearly low, forming a strong base for potential bullish continuation. Market structure suggests that a reclaim of the $0.26 resistance would be a turning point, effectively confirming a failed auction in which sellers could not establish new lows.
The $0.26 threshold is crucial because it represents both a psychological and technical pivot. A clean acceptance back above this level would invalidate the bearish breakdown attempt and shift momentum back in favor of the bulls. Should this occur, attention will shift to the point of control at $0.31, a major supply area where previous trading volume was concentrated.
If Sonic can close decisively above $0.31, demand confirmation would be established, signaling that buyers are prepared to drive price action higher. This move would likely lead to a rotation toward the value area high at $0.40. From the perspective of market auction theory, such a move would represent a complete rotation from value area low to value area high, reinforcing the bullish narrative.
Structurally, the defense of the yearly low highlights the willingness of buyers to absorb selling pressure at critical levels. When combined with a potential reclaim of resistance levels, the technical picture favors a scenario where momentum could accelerate rapidly, particularly if broader market sentiment remains supportive.
What to expect in the coming price action
If bulls reclaim $0.26, it would confirm a failed auction and significantly increase the probability of a bullish expansion toward $0.31 and $0.40. Failure to hold above $0.26, however, could leave Sonic vulnerable to renewed pressure at the yearly low, which remains the ultimate line of defense.
2025-09-30 13:182mo ago
2025-09-30 08:562mo ago
11M XRP Leaves Upbit — Double Bottom Sets Up Major Move
11 Million XRP Leaves Upbit: What This Means for the MarketAccording to market commentator Xaif Crypto, approximately 11 million $XRP, valued at around $31.7 million, has recently moved out of the Upbit exchange into a private wallet.
Source: Xaif CryptoThis significant transfer has sparked speculation across the crypto community, raising questions about potential market implications and investor intentions.
Large-scale withdrawals like this are often interpreted as a bullish signal. When investors move crypto assets from exchanges to private wallets, it typically indicates a long-term holding strategy rather than a short-term trade.
In other words, holders are less likely to sell immediately, which can reduce available supply on exchanges and potentially support price stability or growth.
Xaif Crypto highlights a growing trend of institutions and high-net-worth investors taking control of their XRP by moving coins off exchanges. This reduces counterparty risk while signaling strong confidence in XRP’s future, aligning with expanding liquidity and staking opportunities that offer investors new ways to earn passive returns.
Private wallet transfers often signal strategic activity, such as staking, DeFi participation, or liquidity moves. With XRP Ledger innovations like mXRP and growing decentralized finance adoption, these transfers increasingly reflect proactive engagement.
XRP Rebounds, Sets Up Bullish Double-Bottom Pattern Amid Key Support TestAccording to market analyst Lingrid, XRP has staged a notable rebound, reacting strongly to demand at the IMB trendline cluster and successfully breaking its descending guide.
Source: LingridThe move has formed a clean double-bottom pattern, a classic technical indicator signaling potential trend reversal and renewed upside momentum.
The recent price action shows XRP climbing in a tight stair-step formation, methodically retesting the previously broken trendline as support. Lingrid emphasizes that maintaining key support between $2.76 and $2.82 is critical to keeping the bullish reversal intact. A breach below this range would reopen the door to $2.68, signaling a potential short-term pullback.
XRP’s upside target comes into focus once it breaks the $2.94–$3.00 resistance. Clearing this zone could drive momentum toward $3.15–$3.25, signaling a critical trend confirmation. Lingrid highlights that this shift favors a series of higher lows, pointing to a healthier upward structure.
Notably, XRP’s double-bottom at a critical trendline signals weakening selling pressure and strong buyer support. Its measured stair-step climb reflects a controlled recovery, favoring traders who value structural stability over short-term spikes.
Presently, market sentiment is cautiously optimistic. XRP’s steady hold on support and gradual break through resistance signal a potential trend reversal. A sustained move above $2.94 could confirm the next leg up toward $3.25, offering investors a clear cue for upward momentum with the current price being $2.85.
ConclusionThe movement of 11 million $XRP from Upbit to a private wallet is more than just a number, it’s a reflection of investor strategy and confidence. While the immediate market reaction may vary, the trend suggests a maturing investor base and growing belief in XRP’s long-term potential.
Meanwhile, XRP’s rebound from the IMB trendline cluster, coupled with a clean double-bottom and stair-step climb, signals bullish continuation.
Maintaining $2.76–$2.82 is key, while breaking $2.94–$3.00 could ignite the next leg toward $3.15–$3.25. The focus on higher lows highlights a healthy structure for sustained gains, marking a crucial milestone for momentum-driven investors.
2025-09-30 13:182mo ago
2025-09-30 08:582mo ago
Bitcoin has characteristics that gold doesn't, says Coinbase's John D'Agostino
John D'Agostino, Coinbase head of institutional strategy, joins 'Squawk Box' to discuss the state of crypto, impact of AI, bitcoin price trends, and more.
2025-09-30 13:182mo ago
2025-09-30 08:582mo ago
Societe Generale's Crypto Arm Brings Euro and Dollar Stablecoins to DeFi via Ethereum
XRP Ledger certainly losing traction on market, with drop in payments activity that certainly is not helping here
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.
XRP Ledger is currently exhibiting indications of network activity stagnation. According to on-chain metrics, the volume of 24-hour payments between accounts has not regularly reached the symbolic 1,000,000 mark. This lack of traction casts doubt on XRP’s ability to keep up with the market's pacing.
Transactional activity goneThroughout the network, the quantity of payments has stayed comparatively constant but unimpressive, varying in the middle without exhibiting any notable expansion. The ledger still handles hundreds of thousands of transactions every day, but the number of payments has not increased to the point where it would suggest widespread adoption or accelerating usage.
XRP/USDT Chart by TradingViewAnother important metric, the volume of payments, provides a similar picture. September’s numbers reveal a lack of consistent growth despite early-year spikes. This shows that although there are still sporadic large transfers, overall utility and steady network demand are not meeting market demands. Simply put, XRP has not yet reached the mass-transfer volume and volume that would indicate institutional or widespread retail adoption.
HOT Stories
XRP's weak performanceThe discrepancy is brought to light by overlaying this with price action. Stuck between moving averages and unable to break through descending resistance lines, XRP is currently trading at about $2.084. Exchange volume is still low, which supports the notion that enthusiasm is waning. There is little indication of significant buying pressure, and RSI readings close to 45 also suggest neutral-to-weak momentum.
In the future, what does this mean? The milestone of 1,000,000 daily payments will be crucial for XRP to solidify its position as a real utility asset. Attaining and maintaining that level would indicate strong adoption and might offer essential backing for price increases. Until then, XRP runs the risk of remaining range-bound in terms of both market performance and transaction activity on its ledger.
To put it briefly, the ledger of XRP is active but not growing quickly, which keeps it below the crucial milestone of one million transactions. In the absence of more robust usage growth, the token’s price recovery efforts might encounter more obstacles.
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2025-09-30 13:182mo ago
2025-09-30 08:592mo ago
Partnership Between Crypto.com and Sharps Technology Boosts Solana Treasury Tools
Sharps Technology is leveraging Crypto.com’s institutional-grade custody and OTC services to actively manage its $400 million Solana treasury.
The partnership will deploy capital into Solana-native projects to generate yield and improve liquidity across the ecosystem.
STSS now holds over 2 million SOL, positioning it among the largest institutional holders on Solana while promoting responsible, strategic engagement with the blockchain network.
Sharps Technology has entered a strategic partnership with Crypto.com to manage its $400 million Solana-based digital asset treasury, marking a significant step in professionalizing institutional participation within the Solana ecosystem. By combining STSS’s long-term digital asset vision with Crypto.com’s secure custody and deep liquidity services, the collaboration provides a structured approach to deploying corporate capital in blockchain projects.
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Expanding Treasury Management With Institutional Tools
STSS holds more than 2 million SOL tokens, valued at over $400 million at current prices. Rather than simply holding these assets, the company will leverage Crypto.com’s infrastructure to manage and deploy its treasury strategically. This includes institutional-grade custody solutions, discreet over-the-counter (OTC) trading, and access to Solana-native investment opportunities. By using these tools, STSS aims to generate yield while enhancing liquidity across the Solana network.
The institutional support provided by Crypto.com includes secure digital asset storage compliant with regulatory standards, competitive pricing for strategic trades through its OTC desk, and robust execution capabilities to efficiently allocate capital. This active management strategy reflects a broader trend of corporations using treasury holdings to support blockchain ecosystems while maximizing returns.
Strengthening The Solana Ecosystem Through Active Engagement
Beyond treasury management, Sharps Technology plans to actively contribute to the Solana ecosystem by participating in staking, providing liquidity, and supporting validators. These measures help reinforce network security and infrastructure, while creating opportunities to extract value from STSS’s holdings. Crypto.com also intends to integrate select Solana projects into its platform, broadening access for institutional investors and easing previous barriers related to qualified custodianship.
James Zhang, Strategic Advisor at STSS, highlighted the benefits of the collaboration, stating that it provides the company with the tools necessary to responsibly manage one of the largest Solana treasuries while supporting ecosystem growth. Eric Anziani, President and COO of Crypto.com, added that the partnership enables STSS to execute its ambitious treasury strategy using a platform built for safe and effective digital asset management.
The collaboration between Crypto.com and Sharps Technology exemplifies a structured, professional approach to corporate digital asset management, setting a potential blueprint for other firms looking to integrate traditional finance strategies with blockchain innovation.
2025-09-30 13:182mo ago
2025-09-30 09:002mo ago
TON, SERA seek to ‘democratize' space travel with onchain astronaut voting
The US-based Space Exploration and Research Agency (SERA) and The Open Network (TON) Foundation have launched a new Telegram-based Mini App that will allow users to vote on who gets to fly to space aboard a Blue Origin rocket.
The initiative, called Mission Control, is part of a broader effort to “democratize” space access by opening up astronaut selection to global users via onchain voting on the TON blockchain, according to a Tuesday announcement shared with Cointelegraph.
According to the announcement, SERA has secured all six seats on a future Blue Origin New Shepard mission, currently scheduled for launch between the first and second quarters of 2026.
Five seats are reserved for individuals from countries that have had limited or no representation in space, namely India, Nigeria, Brazil, Thailand and Indonesia. The sixth seat is open to the global public, excluding people from countries that are subject to sanctions.
Max Crown in Singapore at the Token 2049 conference. Source: CointelegraphTON launches onchain space votingApplicants must register through the Mission Control Telegram Mini App, which integrates onchain voting via the TON blockchain. Participants can support candidates by completing challenges and earning in-app points called “SpaceDust.”
In an interview with Cointelegraph during the Token2049 conference, TON Foundation CEO Max Crown revealed that final selection will be determined by a combination of national formats, including online voting and TV shows, depending on the country.
“The idea was basically to democratize space,” Crown said. “Going to space was always very elitist. And there’s, I think, 300 astronauts or something, if you actually count it,” he added.
Funding for the project comes from the TON Foundation, alongside sponsorships and potential advertising tied to national campaigns. The long-term goal is to repeat the model across additional countries, using similar open-selection mechanisms.
Crown said the initiative is also meant to boost Telegram wallet adoption and broader blockchain participation. To vote, users must create a TON wallet within Telegram. Achievements and participation badges will be issued as non-fungible tokens (NFTs) on TON.
SERA describes itself as a “space agency for everyone,” aiming to provide opportunities for ordinary citizens to become astronauts and participate in space science. It previously sent one Brazilian citizen to space in 2022 through a similar NFT-based campaign. That effort led to the participant becoming a national celebrity, according to Crown.
TON Wallet launches in the USIn July, Telegram rolled out its self-custodial crypto wallet, TON Wallet, to users in the United States. Built on the TON blockchain, the wallet allows users to send, receive and store assets like USDT and Toncoin directly inside the Telegram app.
TON Wallet was developed by The Open Platform, a tech company focused on creating Web3 apps for Telegram. On July 3, The Open Platform announced its successful $28.5 million Series A funding round, achieving a $1 billion valuation.
Magazine: Bitcoin mining industry ‘going to be dead in 2 years’ — Bit Digital CEO
2025-09-30 13:182mo ago
2025-09-30 09:002mo ago
IoTeX launches AI Foundry as a decentralized alternative to ‘closed AI'
Decentralized identity protocol IoTeX has launched the Real-World AI Foundry, a global initiative to build open, decentralized and blockchain-powered artificial intelligence.
At the R3al World AI Summit during the Token2049 conference, IoTeX unveiled the project in collaboration with a group of founding Alignment Partners, including Vodafone, the Blockchain Association, Filecoin, Theta Network, Aethir and others.
The Foundry aims to challenge traditional AI systems, which IoTeX describes as “closed-source, costly, and controlled by a few.” “Real-World AI requires the opposite: open collaboration, where live, trusted data from machines, people, and sensors flows into shared models,” a spokesperson told Cointelegraph.
The spokesperson added that blockchain ensures this data is securely recorded, while crypto provides the incentives for global participation. “Users can contribute data, compute, or validation and earn rewards each time an AI agent or model accesses these verified data streams,” they said.
The R3al World AI Summit. Source: IoTeXReal-World Models offer live AIAt the heart of the initiative are Real-World Models (RWMs), intelligent systems trained on live data from machines, sensors and human interaction. These models are built to understand cause and effect, adapt to changing environments, and deliver real-time responses in high-impact sectors such as mobility, energy, healthcare and robotics.
“Rather than just distributing compute or agent hosting, the Foundry creates the first open ecosystem of RWMs, governed collectively to ensure interoperability, accountability, and alignment with human values,” the IoTeX spokesperson said.
The Foundry begins with real-world data flowing from IoTeX’s existing network of over 40 million connected devices. These devices can opt in as trusted data sources using ioID, a decentralized identity protocol that verifies authenticity without exposing personal information. Data privacy is protected using encryption and zero-knowledge proofs.
Data providers, infrastructure partners, and model builders will be rewarded based on the quality and usage of their inputs, tracked via onchain registries.
IoTeX said that governance will start with working groups established by Alignment Partners, evolving over time to incorporate token-based voting and other decentralized mechanisms, ensuring that no single entity controls the ecosystem.
Decentralized AI gains tractionIn August, Swarm Network raised $13 million to develop a decentralized AI verification protocol. The protocol aims to turn offchain data into verifiable onchain information and has already powered fact-checking for over 3 million posts via Rollup News.
In April, decentralized AI startup Nous Research also raised $50 million in a Paradigm-led Series A round to build open-source AI models using decentralized infrastructure on Solana to rival centralized players like OpenAI.
Magazine: 7 reasons why Bitcoin mining is a terrible business idea
2025-09-30 13:182mo ago
2025-09-30 09:002mo ago
Bitcoin DeFi Project BOB, LayerZero Enable BTC Transfers Across 11 Major Blockchains
New gateway gives nearly 15,000 decentralized apps access to native BTC liquidity via wBTC.OFT. Sep 30, 2025, 1:00 p.m.
Decentralized finance (DeFi) protocol Build on Bitcoin (more commonly known as “BOB”) unveiled a system that lets BTC$111,480.33 holders move their assets into decentralized trading apps with a single click, the companies said on Tuesday.
"BOB Gateway" connects native Bitcoin to LayerZero’s “omnichain fungible token” (OFT) version of wrapped BTC, an asset issued by BitGo. The integration extends to 11 blockchains including Ethereum, Avalanche, Base and BNB, bringing access to nearly 15,000 decentralized apps that can now support direct Bitcoin deposits.
STORY CONTINUES BELOW
Until now, most of these blockchains lacked a straightforward way to connect to Bitcoin. Users often had to navigate complex bridging processes, which carried both technical friction and security risks.
With BOB Gateway, they can move between native BTC and wBTC.OFT in one step, a change that could make strategies such as yield farming or looping trades more accessible to retail and institutional investors alike.
Yield farming and looping supply liquidity to DeFi platforms, acting as the foundation for lending, borrowing, and trading. This process allows users to earn significant passive income. Making these trades easier with native BTC - the largest and most trusted asset - would mobilize a massive pool of capital, increasing DeFi's liquidity, security, and overall market maturity.
More than $2.3 billion worth of wBTC.OFT has already been bridged across 67,000 transfers on LayerZero, the companies said. By enabling direct inflows from native BTC, the gateway could bring fresh liquidity into DeFi markets that rely on wrapped Bitcoin as collateral or trading pairs.
Alexei Zamyatin, co-founder of BOB, said the update “makes wBTC.OFT instantly accessible” across supported chains, while LayerZero’s Simon Baksys described the move as adding utility to “one of the most trusted assets in crypto.”
The rollout includes Ethereum, Avalanche, Base, BNB, Unichain, Soneium, Bera, Optimism, Sei, Sonic and BOB itself, covering much of the current DeFi landscape.
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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2025-09-30 13:182mo ago
2025-09-30 09:002mo ago
Spot XRP And Dogecoin ETF Approval Odds Hit 100%, Says Bloomberg Expert
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Bloomberg Intelligence senior ETF analyst Eric Balchunas says the odds of spot ETFs for XRP and Dogecoin winning US approval are now 100%, arguing that last week’s rule change to adopt generic listing standards has rendered the old approval clock irrelevant and left only registration statements awaiting a final sign-off from the SEC’s Division of Corporation Finance.
“Honestly the odds are really 100% now. Generic listing standards make the 19b-4s and their ‘clock’ meaningless. That just leaves the S-1s waiting for formal green light from Corp Finance,” he wrote, adding that applicants for Solana ETFs have already filed another round of amendments, a sign the process is in its final stages. “The baby could come any day. Be ready.”
Balchunas’ call follows a flurry of developments triggered by the SEC’s September 18 approval of “generic listing standards” at NYSE Arca, Nasdaq and Cboe. That decision allows exchanges to list certain commodity-based ETPs—including crypto spot products that meet the criteria—without submitting a separate rule change under Exchange Act Section 19(b).
In effect, the long, deadline-driven 19b-4 process that governed coin-by-coin approvals is no longer required for qualifying products; instead, the remaining gating item is the effectiveness of an issuer’s S-1 registration. The agency framed the change as bringing commodity ETPs onto a more streamlined path, while Commissioner Hester Peirce emphasized that, once an ETP fits the standard, an exchange can list it without prior 19(b) approval.
What This Means For Spot XRP And Dogecoin ETFs
The near-term catalyst for XRP and DOGE specifically emerged from reporting by Eleanor Terrett, who said the SEC has asked issuers of proposed spot ETFs for Litecoin, XRP, Solana, Cardano and Dogecoin to withdraw their pending 19b-4 filings because those forms are no longer needed in the “post-GLS” regime.
“SCOOP: The SEC has asked issuers of LTC, XRP, SOL, ADA, and DOGE ETFs to withdraw their 19b-4 filings following the approval of the generic listing standards, which replace the need for those filings. Am told withdrawals could start happening as soon as this week,” Terrett posted.
She later added, “More context for those asking whether withdrawal is a bad thing: the short answer is no… when the SEC approved the generic listing standards two weeks ago, it eliminated the need for exchanges to file 19b-4 forms to list individual token ETFs, simplifying and speeding up the process.”
Balchunas endorsed that interpretation, calling Terrett’s report a “nice scoop” and noting that analysts had anticipated this shift once generic standards were finalized. “This was something we thought could happen. It makes sense as you don’t need 19b-4s in the post-GLS world. Just not sure how the launch schedule will work yet,” he wrote, suggesting timing is now primarily an issuer and Corp Fin coordination question rather than a statutory countdown.
Evidence that S-1s are indeed the remaining lever is visible on EDGAR. In recent days multiple Solana spot ETF applicants, including VanEck and 21Shares, submitted fresh S-1/A amendments—VanEck’s docket shows an “Amendment No. 4” filed late last week, while 21Shares likewise posted Amendment No. 4—consistent with the end-game polishing typical before effectiveness. While those updates are for Solana, the same filing pathway would apply to any spot XRP or DOGE product under the new standards.
However, none of this guarantees immediate launches or provides a definitive timetable. The operative question now is not whether the SEC can approve such funds under its own rules—it can—but when Corp Fin will declare the S-1s effective and how exchanges and issuers will choreograph first-day listings under the new regime.
At press time, XRP traded at $2.89.
XRP eyes breakout, 1-day chart | Source: XRPUSDT on TradingView.com
Featured image created with DALL.E, chart from TradingView.com
Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.
2025-09-30 13:182mo ago
2025-09-30 09:082mo ago
SUI price wavers as token unlock event outweighs Coinbase futures listing
SUI price barely moved despite the Coinbase futures listing, a muted reaction compared with the typical exchange effect.
Summary
Coinbase announced that SUI futures will go live on October
Despite the news, the SUI price barely moved
SUI trades down 4.47% weekly, ahead of the major unlock event
The SUI price is facing an uphill battle despite listing tailwinds. On Tuesday, Sept. 30, SUI was trading at $3.23, down 0.41% in 24 hours, after Coinbase announced it would list SUI futures contracts on Oct. 20.
The move would give users regulated access to trading SUI and could improve liquidity and boost its price. However, despite the announcement, the SUI price barely moved, with traders instead focusing on broader bearish trends and upcoming token unlocks.
For one, SUI faces a major unlock event, which will likely add downward pressure on its price. On October 1, 44.25 million Sui (SUI) tokens, worth about $142.7 million, will enter circulation, corresponding to 0.44% of the total supply.
The unlocked tokens will go to insiders, including investors and core contributors. Insiders and major holders are typically more likely to sell portions of their holdings, which could create an excess supply of the token in the market.
Sui takes a hit on the altcoin downturn
General market trends are also not in SUI’s favor. Over the week, the SUI price was down 4.47%, reflecting a broader risk-off sentiment hitting altcoins in general. Macro uncertainty, including accelerating inflation, is making traders less inclined to bet on high-risk, high-reward projects.
This effect will likely compound with increased Wall Street involvement in SUI. For example, Nasdaq-listed Mill City Ventures (now rebranded as Sui Group) pivoted to SUI treasuries with a $450 million private deal in late July. However, as treasury companies diversify away from Bitcoin, altcoins like SUI also find themselves more exposed to macroeconomic effects that Wall Street typically factors into investment decisions.
2025-09-30 13:182mo ago
2025-09-30 09:092mo ago
SOL Price Poised for October Breakout as ETF Speculation Intensifies
SOL price is at a crucial inflection point as ETF speculation builds ahead of October deadlines. With institutional products already showing momentum and ecosystem upgrades underway, investors are closely watching Solana crypto as it defends key support levels and prepares for a potential rally.
ETF Momentum Builds Case for SOL UpsideThe ETF-related optimism is quickly becoming the key driver for SOL price in October. Live tracking shows that Volatility Shares’ products, SOLT and SOLZ, are both up by more than 4% on a monthly basis.
Meanwhile, Rex-Osprey’s SSK staking product is also above 4%, signaling steady inflows. Such performance suggests that further ETF approvals could boost confidence in Solana crypto and drive new demand.
Experts suggest that October stands out as a pivotal month. Regulatory deadlines for Solana, along with other altcoin ETF applications such as XRP, LTC, and DOGE, are scheduled mid-month.
Decisions here could set a precedent for altcoin markets, potentially validating SOL price USD as an institutional-grade investment and sparking a wave of buying pressure.
Firedancer Upgrade Fuels Bullish SentimentBeyond ETFs, Solana’s ecosystem itself is laying bullish groundwork. Jump Crypto’s Firedancer team has introduced proposal SIMD-0370, which recommends removing the fixed compute unit block limit and allowing validator performance to set capacity.
If approved, this change could significantly enhance throughput and scalability, providing a boost to Solana’s fundamentals with a new growth engine.
With Firedancer already positioned as a next-generation validator client, and backed by Jump Crypto’s deep involvement in the network, such upgrades strengthen the long-term SOL price forecast and further differentiate Solana from other layer-1 projects.
Technical View: Solana Price PredictionFrom a technical perspective, SOL price is sitting at the base of its ascending channel, finding support just under $200.
Buyers have consistently defended this zone, and if strength continues, a rebound toward $230-$255 appears possible. Should momentum persist, the next resistance cluster is expected to be around $330-$350, marking the upper boundary for a potential breakout.
On the other hand, failure to hold above $200 could weaken the bullish setup. Key supports then lie at $190 and $175, levels that would need to hold to avoid a deeper correction in Solana crypto.
Explore the recent developments surrounding Ripple and its ecosystem.
The potential approval of additional spot XRP ETFs, the advancement of the stablecoin RLUSD, and the performance of XRP. These are some of the main topics we will cover in the following lines.
More ETFs on the Horizon?
The REX-Osprey XRP ETF (ticker XRPR) began trading in mid-September, becoming the first US-listed spot ETF offering direct exposure to Ripple’s native token. The US Securities and Exchange Commission (SEC) has several other similar products pending approval on its desk, and the green light might come as early as next month.
The decision deadline for Grayscale’s spot XRP ETF is set for October 18, whereas 21Shares, Bitwise, Canary Capital, and WisdomTree await the final “yes” or “no” a few days later.
Eleanor Terrett (former Fox Business journalist) recently revealed that the SEC has asked the issuers of XRP and other crypto ETFs to withdraw their 19b-4 filings following the approval of the generic listing standards. Numerous X users suggested that this change could speed up the process and pave the way for a wave of similar investment products in the near future. Bloomberg’s Eric Balchunas highlighted the update, saying:
“This was something we thought could happen. It makes sense as you don’t need 19b-4s in the post-GLS world. Just not sure how the launch schedule will work yet. More will be revealed soon..”
RLUSD Gains Traction
Ripple’s stablecoin (pegged 1:1 to the American dollar) saw the light of day towards the end of 2024 and initially received support from Uphold, Bitso, Moonpay, CoinMENA, and other exchanges.
Over the past several months, Kraken and Gemini also followed suit. The latest to hop on the bandwagon is Bybit, which has introduced the trading pairs: RLUSD/USDT, BTC/RLUSD, ETH/RLUSD, XRP/RLUSD, and MNT/RLUSD.
The stablecoin’s market capitalization has been gradually increasing, and as of press time, it stands at almost $790 million. This makes it the 14th biggest asset in its category and still far below the giants USDT and USDC.
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XRP’s Perfect Support Test Hints at a Potential Breakout Ahead
XRP Price Outlook
Several hours ago, Ripple’s native cryptocurrency registered a brief uptick above $2.90 but currently trades at around $2.85 (representing a mere 0.5% decline on a daily scale).
CryptoPotato recently reported the case of the trader with the nickname “qwatio” who opened a 20x short position on XRP (valued at $17.6 million) and whose liquidation price was $2.9115. Onchain Lens revealed that the person was liquidated, with their $4.22 million Hyperliquid deposit shrinking to just $653,000 in three days.
The crypto community seems divided on XRP’s next potential move. Bullish analysts, such as X user Mikybull Crypto, believe a “mega breakout” could be on the horizon. Others, including EGRAG CRYPTO, outlined some technical indicators according to which the asset may head south in the short term.
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2025-09-30 13:182mo ago
2025-09-30 09:112mo ago
Ripple News: SBI Ripple Asia Signs MoU to Build NFT Payment Platform on XRP Ledger
The XRP Ledger (XRPL) is set to become a cornerstone of Japan’s emerging blockchain ecosystem, following a new strategic partnership announced September 30, 2025, between SBI Ripple Asia and Tobu Top Tours, a major Japanese travel agency.
The partnership aims to build a payment platform that not only uses digital tokens but also connects them with NFTs, opening doors for creative new use cases
XRPL Partnership to Launch in 2026SBI Ripple Asia, a joint venture between Ripple and SBI Holdings, has signed a memorandum of understanding with Tobu Top Tours. Their shared goal is to launch a new platform by the first half of 2026.
Each partner company will be able to issue its own unique tokens, which can then be linked with NFTs carrying added functions. XRPL will power a new payment platform that links unique tokens with NFTs.
NFTs as Digital Souvenirs and VouchersOne of the most exciting ideas being explored is NFTs that double as “digital souvenirs” or discount vouchers for future travel bookings. This new platform leverages XRPL’s speed, low fees, and eco-friendly design, proven earlier this year when SBI minted over 900 Expo 2025 NFTs.
Now with 28.2 million visitors expected at events like the Osaka World Expo, this system shows real potential for large-scale use.
For Tobu Top Tours, it’s a new way to engage travelers, while also supporting Japan’s fan economy and local communities.
Beyond Travel: Wider Use CasesThe platform won’t be limited to tourism. Customers could eventually use it for dining, shopping, and regional services, making payments more seamless while also unlocking new possibilities for businesses and local communities.
By tying tokens and NFTs together, the project is aiming to deliver more than just faster transactions, it’s about creating real-world utility.
XRP Ledger’s Growing CapabilitiesThe initiative represents a departure from traditional NFTs as pure digital art collectibles. Since the introduction of NFT support in 2022 through XLS-20, developers have been able to build features like royalties and anti-spam protection.
More recently, DynamicNFTs (XLS-46) have enabled NFTs that can change over time, opening new opportunities in gaming, ticketing, and identity solutions.
2025-09-30 13:182mo ago
2025-09-30 09:152mo ago
Bitcoin Price Faces a Make-or-Break 48 Hours as Dual Closes Loom
Bitcoin is entering a critical 48-hour window that may shape the rest of 2025. On September 30, the cryptocurrency will confirm both its monthly and quarterly closes, a rare dual close that has often marked major shifts in the past.
2025-09-30 12:182mo ago
2025-09-30 07:262mo ago
Starknet Launches Bitcoin Staking With Native STRK Incentives
Bitcoin staking: Starknet enables BTC holders to stake wrapped assets on its mainnet without giving up custody, earning STRK rewards.
Incentives: A 100 million STRK program targets liquidity, lending, and borrowing to make the protocol the cheapest place to borrow against Bitcoin.
Institutional push: Re7 Labs launches a Bitcoin yield fund with retail access via MidasRWA, expanding BTC DeFi participation.
Starknet, the Ethereum layer-2 network powered by zero-knowledge proofs, has officially launched native Bitcoin staking on its mainnet. The rollout marks the first time BTC holders can stake their assets directly on a layer-2 without giving up custody, earning rewards in the network’s native STRK token. Backed by a 100 million STRK incentive program, the initiative aims to expand Bitcoin’s role in decentralized finance while positioning the layer 2 as a hub for BTC liquidity and borrowing.
1/ Bitcoin doesn’t change. But what you can do with it just did.
From the June 2024 announcement that Starknet would scale Bitcoin, to the product rollouts of March 2025, the path has been clear.
BTCFi on Starknet is where that momentum now leads 🧵 pic.twitter.com/dznkDJYsK8
— Starknet (BTCFi arc) (@Starknet) September 30, 2025
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Native Bitcoin Staking Goes Live
The launch, announced on September 30, allows BTC holders to delegate wrapped assets such as WBTC, LBTC, tBTC, and SolvBTC to Starknet validators. These staked assets can contribute up to 25% of the network’s staking power, aligning Bitcoin with Starknet’s consensus and decentralization goals. Unlike centralized custodial solutions, Starknet’s design ensures users retain full control of their assets while participating in transaction validation and earning rewards.
100 Million STRK Incentive Program
To accelerate adoption, the Starknet Foundation has committed 100 million STRK to incentivize Bitcoin-related activity. The program targets wrapped BTC liquidity, lending, and stablecoin borrowing, intending to make Starknet the most cost-efficient venue for borrowing against Bitcoin. Rewards are distributed in STRK, reinforcing the token’s role in the ecosystem. As of late September, STRK carried a market capitalization of $498 million, though its price has declined significantly since its 2024 peak.
Institutional and Retail Yield Strategies
Starknet has partnered with London-based Re7 Labs to launch a Bitcoin Institutional Yield Fund, offering both on-chain and off-chain yield opportunities. Retail investors can access similar strategies through MidasRWA, a tokenized version of the fund. Re7 has also introduced an Automated Liquidity Market Maker on Ekubo, enabling liquidity provision across BTC, ETH, STRK, and stablecoin pairs. These initiatives aim to unify institutional and retail participation in Bitcoin DeFi.
StarkWare’s Vision for Bitcoin DeFi
Eli Ben-Sasson, CEO of StarkWare, described Bitcoin as “pristine capital” that has been underutilized in DeFi due to centralized exchanges’ dominance. He argued that Starknet is positioned to become both the financialization and execution layer for Bitcoin, leveraging zero-knowledge proofs to balance scalability, privacy, and compliance. With integrations from partners like LayerZero, BitGo, and Stargate, Starknet is expanding cross-chain accessibility while setting its sights on becoming a central hub for Bitcoin’s next phase of adoption.
2025-09-30 12:182mo ago
2025-09-30 07:292mo ago
Top 5 Altcoins to Watch Ahead of SEC ETF Rulings This October 2025
October has long been a pivotal month for cryptocurrencies, and in 2025, the spotlight is on altcoin exchange-traded funds (ETFs). With clustered deadlines at the U.S. Securities and Exchange Commission (SEC), projects like Cardano, Ripple’s XRP, Solana, Chainlink, and Stellar are preparing for decisions that could reshape institutional adoption of digital assets.
Cardano ETF Decision on October 26, 2025Cardano is approaching a defining moment as the SEC faces its final deadline on Grayscale’s Cardano ETF application. The ruling is due on October 26, 2025, with no further extensions possible.
ADA Price is trading around $0.79 with a market capitalization of nearly $29 billion, far from its all-time high of $3.09. If approved, the ETF could channel institutional inflows into Cardano, potentially fueling a breakout above the $0.83–$0.84 resistance zone. Technical traders are eyeing the $1 mark as the next major target if bullish momentum takes hold.
Ripple’s XRP Braces for Multiple ETF RulingsRipple’s XRP faces an unusually busy October, with six ETF filings under review between October 18 and 24 from firms including Grayscale, 21Shares, Bitwise, CoinShares, Canary Capital, and WisdomTree.
XRP is priced near $2.85 with a $170 billion market cap. Market structure shows key support at $2.75; holding above this level may allow bulls to push past the $2.81 barrier and target $3.62. However, a break below $2.70 risks deeper downside toward $2.00.
Historically, October has been slightly bearish for XRP, but the fourth quarter has delivered strong average gains. ETF approval could provide the catalyst to extend its rally into year-end.
Solana ETF Decisions Between October 10–16Solana will kick off October’s ETF season as five applications, including those from Grayscale, VanEck, and Bitwise, face SEC deadlines between October 10 and 16.
SOL trades around $26.90 with a market cap of $112 billion. Analysts argue that successful ETF approval would make Solana the third major blockchain after Bitcoin and Ethereum to achieve this milestone. Such recognition could accelerate institutional adoption and set long-term targets in the $800–$1,000 range. For now, technical traders are watching whether SOL can hold above $191 to confirm its bullish structure.
Chainlink Strengthens Institutional Partnerships Ahead of ETF RulingChainlink does not have an October deadline but remains a major contender in the ETF race, with filings from Grayscale and Bitwise expected to reach final decisions before the end of 2025.
Currently trading near $21.90, LINK has been expanding its institutional footprint through partnerships with the Intercontinental Exchange (ICE) and the U.S. Department of Commerce. Supporters argue that these developments position Chainlink as one of the strongest candidates for ETF approval, with current price levels seen as a long-term accumulation zone.
Stellar Eyes Fast-Track ETF ReviewStellar is also on the ETF radar, with two pending applications. One, under the Hasht NASDAQ Crypto Index U.S. ETF, is already being reviewed under the SEC’s fast-track 75-day process, while Grayscale has also submitted a filing for a Stellar ETF on the NYSE.
XLM trades around $0.36 with a market capitalization of $11.6 billion after gaining 275 percent over the past year. An approved ETF could boost liquidity further and cement Stellar’s role as a top institutional-grade digital asset heading into 2026.
With ETF decisions clustered across multiple leading projects, October 2025 has the potential to become a landmark month for the altcoin market.
Never Miss a Beat in the Crypto World!Stay ahead with breaking news, expert analysis, and real-time updates on the latest trends in Bitcoin, altcoins, DeFi, NFTs, and more.
2025-09-30 12:182mo ago
2025-09-30 07:302mo ago
What To Expect From The Dogecoin Price In October After A Green Monthly Close
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure
The month of September has been trying for the crypto market, but ultimately, the Dogecoin price looks to end the month in the green. September has historically been a bearish month for the market, so the Dogecoin price finishing in the green is actually quite bullish for the meme coin. As the new month swims into view, this report takes a dive into how the month of October has been historically for the Dogecoin price, and what the expectations might be.
October Is Bullish For The Dogecoin Price
While the month of October looks to be a fairly mixed bag when it comes to the Dogecoin price, it shows that the month is often more bullish than not. In the last 11 years of the meme coin’s existence, it has ended the month of October in the green six total times, with most of these actually being double-digit gains, and once, in the triple digits back in the year 2022.
The other years, five in total, were in the red, in varying degrees. However, an aggregate shows that the price is more likely to end in the green, with a median return of 8.37% and an even higher average return of 11.6%. This means that the odds of a double-digit rally are high for the month of October.
The last four years have also consistently ended in the green for the meme coin, regardless of the broader market headwinds. It also works into the fact that the last quarter of the year, Q4, has been bullish for cryptocurrencies, and the Dogecoin price has performed accordingly.
If it follows the trend of the last four years, then the Dogecoin price could be looking at at least a 10% increase next month. This could set it on the path toward $0.3 once again, which has become the level to beat for the meme coin.
Source: CryptoRank
The Rest Of The Year In View
Just like the month of October, November is also a very bullish month for the Dogecoin price. CryptoRank data shows that the digital asset rallied 161.5% back in November 2024, and 22.5% the year before. While its median return is lower than October at -2.72%, it actually boasts a higher average return of 18.9%. This suggests that if September is bullish, then the trend could continue in November.
December’s average returns are even higher than November’s at 22.1%. However, its median returns come out at 4.52%. Overall, though, the last quarter of the year is still more bullish, rivaling the first quarter of the year when it comes to gains.
DOGE struggles in the face of bearish pressure | Source: DOGEUSDT on TradingView.com
Featured image from Dall.E, chart from TradingView.com
Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.
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Scott Matherson is a leading crypto writer at Bitcoinist, who possesses a sharp analytical mind and a deep understanding of the digital currency landscape. Scott has earned a reputation for delivering thought-provoking and well-researched articles that resonate with both newcomers and seasoned crypto enthusiasts.
Outside of his writing, Scott is passionate about promoting crypto literacy and often works to educate the public on the potential of blockchain.
2025-09-30 12:182mo ago
2025-09-30 07:302mo ago
Crypto.com Partners With Sharps Technology to Manage $400M+ Solana Treasury and Boost Ecosystem Liquidity
Crypto.com and Sharps Technology, Inc. (STSS) announced a partnership to bolster Solana ecosystem growth by deploying the platform's institutional-grade custody and OTC services to manage STSS's solana-focused digital asset treasury. STSS, which holds over 2 million SOL—valued at more than $400 million with SOL trading above $200—will use Crypto.
2025-09-30 12:182mo ago
2025-09-30 07:332mo ago
Eric Trump: Bitcoin Will Outshine Gold and Hit $1 Million
Eric Trump, Vice President of the Trump Organization and Chief Strategy Officer at American Bitcoin, said in a Fox Business interview that he strongly supports cryptocurrency. He believes Bitcoin will replace the old financial system and sees it reaching $1,000,000 in the future.
Eric Expresses Confidence in $1 Million Bitcoin PriceEric said Bitcoin has a clear edge over gold because it’s digital and can move around the world quickly and at a low cost. Unlike gold, which comes with storage and transport issues, Bitcoin is liquid and easy to use in today’s financial system. He also pointed out that Bitcoin’s supply is capped at 21 million, which makes it different from traditional assets.
This scarcity, along with rising demand from big institutions, will push Bitcoin much higher in the years ahead, even reaching $1 million. In his view, crypto is still at an early stage, but as more banks and companies make it easier to use, Bitcoin’s growth potential becomes even stronger.
Eric said, “I do think it hits a million dollars eventually. I’ve never been more bullish on anything in my entire life.”
Crypto to Replace Traditional Finance? While speaking about crypto posing as a financial savior, Eric says that everybody in the world wants the U.S. dollar because it has the best financial system. But the countries with high inflation, like those in South America or Africa, face threats from traditional finance because, once they receive their wages, they lose a hefty amount to the US dollar. This vulnerable and volatile financial system leads to debt and higher interest rates.
To resolve this issue, Eric says stablecoin is the best answer. He said, “Now, what you can do is immediately transfer into USD 1, which is our stablecoin, and you can get pegged 1 to 1 with the US dollar in the US treasury. So you have the security blanket.”
Looking at the numerous benefits and utility of crypto, Eric confirms, “Cryptocurrency is going to replace traditional finance.”
2025-09-30 12:182mo ago
2025-09-30 07:332mo ago
Top Analyst Signals Healthy XRP $2.65 Dip as mXRP Hits $26.46M TVL in 6 Days
XRP Outlook: Why a Flush Out is Healthier Than a Quick PumpRenowned market analyst EGRAG CRYPTO has weighed in on XRP’s price trajectory, offering a strategic perspective that highlights the benefits of patience over impulsive gains.
According to EGRAG, a controlled “flush out” is preferable to an immediate pump, setting the stage for a healthier, more sustainable uptrend.
EGRAG explains that there is roughly a 70% chance of a flush out before XRP begins its next bullish leg.
This scenario involves a temporary decline in price, allowing the market to consolidate, absorb selling pressure, and confirm support levels. From a structural standpoint, such a flush strengthens the base, reducing the likelihood of extreme volatility when the uptrend eventually resumes.
Conversely, there is a 30% chance of an immediate pump, where XRP could surge without significant correction.
While this might create short-term excitement, it carries the risk of a sharp pullback, which could catch traders off guard and destabilize the bullish narrative. For long-term traders, this makes the flush out the more attractive and strategic option.
EGRAG anticipates that XRP may drop to around $2.65, a level that could signal the bottom if confirmed by price action. However, the analyst is looking even deeper, suggesting a potential dip to $2.30–$2.40 before the final leg of the rally begins with the present price being $2.85.
Source: EGRAG CRYPTOThis kind of measured decline can help reset market sentiment, clear weaker hands, and create an optimal entry point for traders eyeing the next surge.
Notably, sustainable rallies need solid foundations. A flush out tests key support, confirms market confidence, and minimizes destabilizing swings, setting the stage for a healthier, stronger uptrend.
mXRP Surges to $26.46M TVL in Just Six Days: A New Era for DeFi on the XRP LedgerThe decentralized finance (DeFi) space on the XRP Ledger (XRPL) is witnessing a remarkable milestone.
According to market commentator Jungle Inc., mXRP, the liquid staking derivative of XRP, has surged to a total value locked (TVL) of $26.46 million in just six days. This isn’t hype; it’s a clear signal of growing demand for liquid staking and real yield solutions on the XRPL.
Liquid staking lets crypto holders earn rewards without losing liquidity, enabling them to trade or deploy funds freely.
For XRP investors, mXRP offers a chance to tap into network growth while earning up to 10% APY, making it a compelling option for both retail and institutional players seeking reliable returns in a volatile market.
The surge in mXRP adoption underscores a key DeFi trend; demand for flexible, low-risk yield. Liquid staking overcomes traditional staking’s limitations by letting users earn rewards while keeping their tokens fully tradable and deployable across DeFi. This blend of yield and liquidity is driving broader, mainstream participation in staking.
Therefore, the rise of mXRP highlights the XRPL’s evolution as a DeFi powerhouse. With unmatched speed, scalability, and low fees, the XRP Ledger is attracting developers and liquidity providers to build advanced financial products, from decentralized exchanges to automated market makers, reflecting strong community confidence in its next-gen infrastructure.
ConclusionEGRAG CRYPTO highlights that patience and structural strength are crucial for XRP. A strategic flush to $2.65–$2.40 could set the stage for a sustainable rally, minimizing the risk of sharp post-pump corrections.
On the other hand, mXRP hit $26.46M TVL in just six days, signaling a major turning point for DeFi on the XRP Ledger. With liquid staking, real yield, and flexible access, mXRP lets investors grow with the network while maximizing returns, underscoring XRPL’s technical strength and rising demand for high-yield, innovative DeFi solutions.
2025-09-30 12:182mo ago
2025-09-30 07:332mo ago
Aster Price Prediction: Can It Break $2 and Rally Toward $3?
Aster, the main competitor to Hyperliquid, has become one of the most talked-about tokens in the decentralized perpetual exchange (DEX) space, particularly amid 2025’s so-called “DEX war.”
Crypto analyst Michael van de Poppe has highlighted the token’s current trading zone, noting that the token has entered a make-or-break phase that could determine its short-term trajectory.
Meteoric Rise for a New TokenLaunched only a few weeks ago, ASTER has already seen a meteoric rise of more than 2500%, catching the attention of retail traders. Following praise from Binance founder CZ on X, the token quickly hit an all-time high of $2.31.
Trading volumes are now competing with top perpetual DEXs, Aster’s debut looks like a breakout success story. Aster is just $3 million away from overtaking Tether in daily fee revenue.
If this happens, it would mark another major milestone for the young project.
Make-or-Break Phase for ASTERLooking at Aster’s current trading zone, Van de Poppe noted that ASTER has repeatedly bounced from the same support area, earlier delivering gains of 15% and 35%.
The analyst highlighted the $2 level as crucial, it separates consolidation from potential expansion.
A confirmed breakout above this mark could push ASTER to new all-time highs, while a drop below the current support might pull it down toward $1.25, where buyers could step in again.
Adding more bullishness to the analysis, popular trader BitcoinHabebe, says ASTER is ideal for buying between $1.60 and $1.80. This range is called accumulation, where buyers slowly build positions before a price rise.
ASTER is showing these signs, and if momentum continues, the next target could be $3 or higher.
As of now, the Aster price is trading around $1.79, reflecting a slight drop seen in the last 24 hours.
2025-09-30 12:182mo ago
2025-09-30 07:342mo ago
Circle Partners with Deutsche Börse to Bring USDC to European Capital Markets
Key NotesCircle and Deutsche Börse Group have signed a Memorandum of Understanding to advance stablecoin use in Europe.The partnership will focus on listing stablecoins on Deutsche Börse's platforms and enabling institutional custody.The EU's new Markets in Crypto-Assets (MiCA) regulatory framework supports the move.
Circle, the global financial technology firm behind USDC
USDC
$1.00
24h volatility:
0.0%
Market cap:
$73.38 B
Vol. 24h:
$10.72 B
, is partnering with Germany’s Deutsche Börse Group to deepen stablecoin adoption within traditional European financial markets. The two entities announced on Sept. 30 that they have signed a Memorandum of Understanding (MoU) to explore integrating Circle’s stablecoins into Deutsche Börse’s established market infrastructure.
As the first formal agreement of its kind in Europe, the collaboration connects one of the continent’s leading market infrastructure providers with the issuer of one of the world’s most widely used stablecoin networks. According to the official press release, the initiative aims to lower settlement risk, reduce costs, and create more efficient workflows for banks and asset managers operating in the region.
Bridging Traditional and Digital Finance
The partnership’s initial focus will be on several of Deutsche Börse’s key business areas. Plans include listing Circle’s euro-backed EURC and USDC stablecoins for trading on 360T, the group’s foreign exchange platform. The assets will also be integrated with Crypto Finance. This institutional crypto services provider is part of Deutsche Börse Group.
The collaboration will extend to post-trade services. Deutsche Börse’s Clearstream, a significant settlement and custody organization, will support institutional-grade custody for the stablecoins. Thomas Book, a Deutsche Börse executive board member, described the effort as a first step toward a unified ecosystem where market participants can access digital and traditional assets within a regulated environment.
This move is made possible by the European Union’s Markets in Crypto-Assets (MiCA) regulation. For example, a consortium of major banks recently announced plans to develop their own MiCA-backed euro stablecoin. Other firms are also taking advantage of the new regulatory clarity, with custodian BitGo recently securing a license for crypto trading in Germany under the same framework.
The trend of integrating stablecoins into core business operations extends beyond just finance. Tech giant Cloudflare recently announced its plans to launch a NET Dollar for AI payments, which shows a broader movement toward using stablecoins. For Circle, this push in Europe comes as the company continues to innovate, even exploring concepts like reversible USDC transactions to help recover funds from hacks and fraud.
Disclaimer: Coinspeaker is committed to providing unbiased and transparent reporting. This article aims to deliver accurate and timely information but should not be taken as financial or investment advice. Since market conditions can change rapidly, we encourage you to verify information on your own and consult with a professional before making any decisions based on this content.
USDC News, Cryptocurrency News, News
As a Web3 marketing strategist and former CMO of DuckDAO, Zoran Spirkovski translates complex crypto concepts into compelling narratives that drive growth. With a background in crypto journalism, he excels in developing go-to-market strategies for DeFi, L2, and GameFi projects.
Zoran Spirkovski on X
2025-09-30 12:182mo ago
2025-09-30 07:392mo ago
Ripple (XRP) in Big Trouble? Zero Buys and Heavy Sell Pressure Hit
Ripple (XRP) drops to $2.85 with zero buy orders and heavy selling. Liquidity builds below $3 as whales buy and ETF decisions near.
Ripple’s XRP was trading at $2.85 at press time, with a 24-hour volume of $4.84 billion. It has dropped slightly in the last 24 hours and is down only 1% over the past week.
Recent price action on lower timeframes has raised concerns as a sharp increase in sell volume was recorded with no visible buy activity.
Heavy Selling and No Buy Orders on the Chart
A 15-minute XRP/USD chart shared by EGRAG CRYPTO shows that sell volume reached 37,560 while buy volume stayed at zero during the latest candle. The delta reading dropped to -200%, which signals that sellers were fully in control while buyers were absent. The price fell from around $2.91 to $2.85 during this period.
Notably, technical indicators on the chart also turned bearish. Short-term moving averages were broken, and volume sentiment dropped to -5.00%.
#XRP – LTF: I’ve Never Seen This Before! 😱
Right now, the delta is at -200% and buys are sitting at zero.
Are you seriously telling me that no one is buying even fucking buying 1 single #XRP? 🤯
This looks like pure manipulation and heavy selling pressure!
I usually don’t… pic.twitter.com/UxmVD7WcFa
— EGRAG CRYPTO (@egragcrypto) September 30, 2025
The move was described as highly unusual.
Meanwhile, CRYPTOWZRD shared that XRP’s daily candle closed slightly bullish while the XRP/BTC pair moved lower as Bitcoin’s dominance rose. If the metric begins to fall, XRP could break out of its current triangle pattern. Resistance is noted at $3.15 and $3.65, with daily support near $2.75.
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Ripple (XRP) Breakout Delayed? Bearish Signals Suggest Further Downside Testing
$1 Billion Liquidation Storm Hits as BTC, ETH, XRP Collapse
XRP’s Perfect Support Test Hints at a Potential Breakout Ahead
On the intraday chart, the price is hovering above $2.8850. A move higher toward $3.01 could help secure ongoing trades. If the price slips under $2.8850, it may lead to more sideways movement. CRYPTOWZRD noted that the next move may follow Bitcoin’s broader trend and is waiting for more clarity before acting.
Liquidity Building Below Key Price Levels
Data from Coinglass, posted by Steph Is Crypto, shows a buildup of liquidity zones forming below the $3 mark. The strongest areas of interest appear between $2.50 and $2.00, where large resting buy orders are positioned. These zones may attract a price drop to fill pending orders before any possible move higher.
Source: Steph Is Crypto/X
Steph asked,
“Are we about to see a final dump?”
The structure of the heatmap reflects typical behavior before a liquidity sweep. Traders are now watching these areas to see if they hold as support or attract more downside movement.
Whale Accumulation and Pending ETF Decisions
As CryptoPotato reported, wallets holding between 10 million and 100 million XRP have accumulated more than 120 million tokens in the past 72 hours. This suggests quiet positioning during the recent market pressure.
Several spot XRP ETF applications are currently under review by U.S. regulators. Grayscale’s application is due for review on October 18, with others lined up through mid-November. Market participants are watching these dates closely, as they could influence future buying activity.
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2025-09-30 12:182mo ago
2025-09-30 07:472mo ago
Chainlink and Swift Unlock Tokenized Funds for $100T Global Market
UBS Tokenize leads pilot using Chainlink CRE and Swift for tokenized fund workflows.
Chainlink’s plug-and-play design reduces barriers for financial blockchain adoption.
LINK trades at $21.39, holding $20 support with upside toward $29 and $47.
Chainlink and Swift have strengthened their collaboration with a new system enabling financial institutions to manage tokenized fund processes. The system allows institutions to use Swift messaging and Chainlink’s Runtime Environment (CRE) without altering existing infrastructure.
The first application included a pilot with UBS Tokenize, the bank’s in-house tokenization division, extending prior involvement in Singapore’s Project Guardian. Through this solution, CRE receives ISO 20022-compliant Swift messages, which then trigger smart contract events using Chainlink’s Digital Transfer Agent standard.
This design provides institutions access to blockchain-based asset management without replacing current identity or key management systems. The process supports fund subscriptions and redemptions, enabling seamless integration with traditional workflows.
Chainlink positioned this as a scalable unlock for the global fund industry, valued at more than $100 trillion. Swift, serving over 11,000 institutions worldwide, provides the trusted financial messaging backbone for trillions in cross-border transactions.
Broader Rollout and LINK Market Outlook
The announcement follows Chainlink’s AI-driven corporate actions pilot, which also used CRE and Swift messaging. That effort coordinated large language models, including systems from OpenAI, Google, and Anthropic, to produce ISO 20022-compliant records for financial institutions.
Industry leaders such as DTCC, Euroclear, and banks like UBS, DBS, and BNP Paribas supported the project. Together, the pilots highlight coordinated efforts to make blockchain workflows accessible to traditional finance at scale.
Meanwhile, Swift continues developing a blockchain-based shared ledger for cross-border payments with Consensys, backed by over 30 global banks. Participants include Bank of America, HSBC, and BNP Paribas, aiming for interoperable infrastructure while preserving compliance standards.
At press time, Chainlink (LINK) trades at $21.39, up 0.31% in the last hour and 1.40% over 24h. The token remains down 1.55% on the week but is holding above the crucial $20 support zone.
Chainlink Ascending Channel Analysis | Source : X
Analysts note the level aligns with the 0.786 Fibonacci retracement near $20.11, keeping LINK within its ascending channel. Resistance levels sit near $29.11, with potential upside toward $46.59–$47, while a breakdown risks a drop to $15 support.
DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.
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2025-09-30 12:182mo ago
2025-09-30 07:492mo ago
dYdX Teams Up With Pocket Pro Bot to Launch Telegram Perps Trading
Trading crypto perpetual futures – yep, perps – has just gotten a little easier thanks to a neat collab between dYdX and Pocket Pro Bot. The former is of course the leading onchain perps protocol, while Pocket Pro Bot specializes in creating crypto-based trading infra for Telegram users. No surprises, then for guessing what they’ve developed together – though there are a few unexpected features that come bundled with their new Telegram trading bot.
Telegram has long been the epicenter of retail crypto’s trading ecosystem, hosting not only the bulk of the chatter, but also a significant chunk of the swaps. The rise of Telegram trading bots has empowered users to find fast-rising tokens and trade them in a couple of clicks without needing to go anywhere. Up until now, that ability has mostly been focused on spot markets – but now dYdX and Pocket Pro Bot are doing the same for perps. Particularly when it comes to information sharing.
Slash LongTelegram’s prized for its crypto trading experience not just because it eliminates hops – no need to fire up a DEX and connect your web wallet – but because the time saved directly impacts profit. As a result, traders can respond to breaking news and trading signals within the messenger app and execute a trade in three seconds or less.
The partnership between dYdX and Pocket Pro Bot allows users to share trades and positions with their friends within group charts. For example, typing a simple command such as /long DOGE will instantly open a perpetual futures position – likewise if the command starts with /short.
But beyond simple position creation, the collab brings more to the table – or rather to the group chat – such as the ability to view current positions and wallet balance. Wallets are automatically generated on Arbitrum or Solana depending on the user’s preferred network and deposits can be made using USDC or SOL.
Trade With FrensWhile the dYdX-Pocket Pro Bot product is designed to meet the needs of lone wolves who prefer to operate alone, it’s been optimized for social trading. This means enabling group chat support so that trading friends can share their current positions, compete on leaderboards, and add perps-based alerts. The prospect of adding some healthy competition into the mix should ensure that rivalries can be settled and traders can put their money where their mouth is.
To add an additional frisson of excitement to the bot’s release, dYdX and Pocket Bot Pro have announced a $100K trading competition targeted at Telegram groups, which it’s labeled as “squads.” With $25K on the line for the top group based on PnL, and the same to the top trader based on volume, there are ample incentives for giving it a twirl.
The launch of Telegram-native perps trading is part of dYdX’s roadmap that aims to establish the exchange at the center of the onchain futures landscape. While pro traders will likely still undertake the bulk of their dYdX activity within the web app, where there’s full charting and support for advanced order types, the release of the Telegram bot signals a new chapter for dYdX: one designed to make perps more fun, more social, and more rewarding.
Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
2025-09-30 12:182mo ago
2025-09-30 07:502mo ago
Cardano Founder Says Bitcoin On ADA Could Trigger Open DeFi Floodgates For Billions
Cardano (CRYPTO: ADA) is trading around $0.79, down 0.6% on Tuesday as founder Charles Hoskinson told an audience that the network is preparing to integrate Bitcoin functionality, potentially drawing billions in liquidity.
Cardano Founder Unveils Bold Bitcoin DeFi VisionCharles Hoskinson said a dedicated 19-person team is developing "Bitcoin DeFi," which would let users transact directly in Bitcoin (CRYPTO: BTC), pay fees in Bitcoin, and earn yield back in Bitcoin using Cardano infrastructure.
"We anticipate billions of dollars of TVL from the Bitcoin network as people click the toggle and use Cardano to do Bitcoin things," Hoskinson said.
UTXO Edge Sets Cardano Apart From RivalsHoskinson said Cardano's extended UTXO framework makes it the "largest programmable ledger," giving it scalability advantages over rivals such as Ethereum and Solana.
With Bitcoin's Taproot upgrade also built on the UTXO standard, he argued Cardano is positioned to capture part of the $4 trillion Bitcoin market while acting as a bridge between Bitcoin and smart contracts.
ADA Price Battles To Hold $0.76 Support
ADA Key Technical levels (Source: TradingView)
Technical Analysis: ADA price is consolidating after last week's sharp drop from the $0.90 region. The token is holding above $0.76 support, with resistance at $0.82 and the 200-day EMA at $0.83.
A breakout above $0.83 could open the path to $0.86 and $0.93, while a failure to defend $0.76 risks deeper losses toward $0.72 in short-term.
The RSI near 46 suggests neutral momentum, leaving ADA price range-bound until buyers or sellers break the wedge pattern.
Why It MattersBitcoin's $4 trillion market has so far remained mostly untouched by DeFi.
Cardano's push to integrate Bitcoin could mark the first serious attempt to unlock that pool of capital.
Instead of being limited to storing and transferring value, Bitcoin could become fully usable in yield-bearing ecosystems.
For Cardano, this isn't just a technical integration but a gateway to billions in fresh liquidity. The scale of that liquidity has the power to shift DeFi's growth ceiling far higher than Ethereum alone.
If realized, it would be the moment Bitcoin stops sitting outside finance and starts powering it.
Read Next:
Bitcoin Reclaims $114,000, But Why Does The Fear & Greed Index Show ‘Fear’?
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Chainlink, the industry-standard Oracle platform, is making it easier for banks and financial institutions to work with blockchain and digital assets.
Its recent pilots and partnerships show how its technology is simplifying workflows, boosting efficiency, and opening up new opportunities for the financial industry. Here’s the latest buzz.
Simplifying Tokenized Fund Workflows with UBSIn a press release today, Chainlink announced it has launched a new solution that makes it easier than ever for financial institutions to manage digital assets.
The new solution combines Swift messaging with the Chainlink Runtime Environment (CRE), allowing institutions to manage blockchain workflows directly from the same Swift infrastructure. Banks can now access digital assets without upgrading systems, changing processes, or adding new identity and key management tools.
Chainlink’s solution was first tested in a pilot with UBS Tokenize, UBS’s in-house tokenization unit. Subscriptions and redemptions for a tokenized fund smart contract from UBS were triggered using ISO 20022 messages through CRE and Swift infrastructure.
The CRE processed Swift messages and automatically triggered subscription and redemption workflows in the Chainlink Digital Transfer Agent (DTA).
Sergey Nazarov, Co-Founder of Chainlink, said the new solution shows how smart contracts and technical standards can help financial institutions manage tokenized assets on-chain.
“UBS is demonstrating how the use of smart contract-based technologies can be used by financial institutions to more readily explore new types of product lifecycle composability,” he said.
Building on Previous SuccessThis pilot comes after Swift, Chainlink, and UBS’ 2024 Project Guardian pilot with MAS (Monetary Authority of Singapore), which shows that tokenized fund subscriptions and redemptions can be settled using off-chain cash through Swift.
Chainlink said that its new plug-and-play solution could transform the $100+ trillion global fund industry.
See what leaders from Chainlink, DTCC, Euroclear, and Wellington Management are saying about Chainlink's major industry initiative to solve the $58 billion annual corporate actions problem ↓
— Chainlink (@chainlink) September 29, 2025 Global Corporate Actions InitiativeChainlink recently shared that it is partnering with 24 of the world’s largest financial institutions to launch a global corporate actions initiative, to tackle a $58 billion challenge using AI, blockchains, and the Chainlink platform.
Chainlink is currently trading at $21.45, up 1.22% in the last 24 hours. Analyst Ali Martinez shared that if LINK holds its $20 support, it could climb toward $47, reflecting growing confidence as its adoption and real-world use cases expand.