Bitcoin struggles to recover and rally despite favorable macroeconomic trends that have sent stock prices higher. What will it take to overcome $110,000?
The strong debut of T-Rex's ETF highlights increasing institutional interest in leveraged crypto products, signaling a shift in investment trends.
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Bitcoin and Gold as stores of value often boil down to a single, critical distinction in the digital era of mobility. This portability transforms BTC from just a digital gold narrative into a living, breathing monetary network that gold can never match. According to mhar_leeck’s perspective on X, the true evolution of BTC lies in its capacity as a platform for innovation, to move, evolve, and even teach. Unlike gold, which stays locked away, this narrative confines the asset to a passive role. The Build on Bitcoin (BOB) layer 2 solution is presented as the crucial technology that enables this shift. Build On Bitcoin Powering The Narrative Furthermore, by creating a new, more expressive layer on top of BTC, BOB turns the theory of a programmable BTC into a practical reality. This combination is often referred to as a hybrid L2, which allows builders to transition from simply reading about decentralized finance (DeFi) to experimenting, testing, and creating in real-time. Related Reading: Bitcoin Poised To Rival Gold In Central Bank Vaults By 2030: Deutsche Bank The unlocking of BTC’s liquidity extends beyond its use in high-throughput applications. It is about unlocking a space for true innovation, where every project sparks, and momentum keeps building. Mhar_leeck noted that the most exciting next chapter for BTC is not about simply holding the asset, but about actively building on it. Crypto Sinan has also stated that he has been in BOB for a while now, and the ride has been nothing short of exciting. The promise of BTC actually working across DeFi with one click highlights the focus on user experience, and no wrapped tokens or shady bridges that introduce new trust assumptions. However, by bridging the liquidity of both BTC security and ETH-grade flexibility, BOB opens the door to a wide range of yield-generating opportunities. As a result of allowing native BTC moves to earn multichain yield without the risks of opaque wrapping solutions, and a growing community that feels like it is building the future in real-time. “If you still think BTC is only a static store of value, maybe BOB is the place where you will finally see the digital gold become productive gold.” Crypto Sinan mentioned. The Biggest Profit-Take In Bitcoin History Bitcoin continues to experience bearish action, impacting investors’ sentiment. Niels, the co-founder of Tedlabsio, has revealed that Bitcoin’s Long-Term Holders (LTHs) are cashing in a historic amount of coins than ever before. Related Reading: Bitcoin Is Not Done Yet Despite Price Crash To $112,000, Here’s Why In this cycle, BTC Long-Term Holders have realized a record amount of profit, totaling an enormous 3.4 million BTC, larger than the profit realized in any previous bull run. However, in past cycles, sell pressure has barely dented the price structure, which signifies that despite seasoned investors taking record profits, the underlying demand is absorbing it all. Featured image from Pixabay, chart from Tradingview.com
XRP consolidated near $2.75 with bearish pressure looming. Onchain data and liquidity compression suggest a possible dip before a price rebound.
Demand for XRP on the CME derivatives exchange continues to rise, providing a bullish outlook for the altcoin. This comes ahead of the potential approval of the XRP ETFs, which could further spark institutional demand for XRP. CME XRP Futures Hit New Milestone In an X post, the CME group announced that it has hit its four-month milestone for XRP futures, with a notional trading volume of $18.3 billion, 6 billion XRP traded, and 397,000 contracts traded. This again highlights the demand for the altcoin, with the derivatives exchange previously stating that the altcoin’s futures products have shown demand from both institutional and retail participants. Related Reading: Institutional Investors Are Heavily Accumulating XRP And Solana – Here Are The Numbers Notably, the CME XRP futures crossed $1 billion in open interest (OI) last month, with the altcoin becoming the fastest-ever contract to do so, having hit the mark in just three months. Amid the demand for the altcoin on the derivatives exchange, CME has announced plans to launch options trading on the XRP futures on October 13. This is expected to further boost the demand on the CME exchange, which is a positive for the altcoin. This new milestone for XRP futures comes just ahead of the potential launch of XRP ETFs under the 33 Act, which will also elevate institutional interest in the altcoin. Fund issuers are expected to file amendments for their respective funds as soon as the end of this week. This comes amid the SEC’s approval of the generic listing standards, which could enable these XRP ETFs to launch earlier. If that doesn’t happen, the focus will shift to Grayscale’s October 18 deadline, which is the first final deadline among all seven XRP filings. The commission could approve these funds simultaneously, just as it did with the Bitcoin and Ethereum ETFs. Massive Demand Expected For The ETFs It is worth mentioning that market expert Nate Geraci had previously alluded to the success of the CME XRP futures as one of the reasons he believes people are underestimating the demand the spot XRP ETFs may record. He also noted at the time that there was already over $800 million in futures-based XRP ETFs. Related Reading: XRP Goes Head-To-Head With Bitcoin In This Metric As South Korean Market Wakes Up In another X post, Geraci doubled down on his statement that people are “severely” underestimating the investor demand for the spot XRP ETFs. He noted how a similar thing happened with the spot Bitcoin and Ethereum ETFs, which have so far exceeded expectations. Canary Capital CEO Steven McClurg also has high expectations for the XRP ETFs, predicting that they could record up to $5 billion in inflows in their first month. He also believes that they could outperform the Ethereum ETFs in the process. At the time of writing, the altcoin price is trading at around $2.75, down over 3% in the last 24 hours, according to data from CoinMarketCap. Featured image from iStock, chart from Tradingview.com
Moody’s warns “cryptoization” is undermining monetary policy and bank deposits in emerging markets amid uneven regulatory oversight.
Story Protocol says that it can turn intellectual property into Legos, but some users’ dreams were shattered on Thursday.
MGX, which previously bought $2 billion of World Liberty Financial's USD1, and Oracle will control nearly half of TikTok’s U.S. arm as American firms secure majority ownership.
Plasma’s XPL token posted a 113% recovery to $1.54 within hours of crashing from $0.93 to $0.7218 following its Sept. 25 mainnet launch. The initial crash likely resulted from selling pressure as users who received network airdrops liquidated their positions. Overcoming sell pressure According to reports on X, users received a minimum of 9,304 XPL […]
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Though she said she was joking about “becoming an NFT creator” after her time at the SEC, the commissioner signaled she was working “to get crypto policy right” first.
High stablecoin market growth in 2025 signals a $1.9 trillion base case and a $4 trillion bull case by 2030, Citi's analysts said.
As Ethereum (ETH) fell below $4,000 for the first time since August 8, amid a market-wide pullback, the exchange reserves of the cryptocurrency also recorded a sharp decline. Notably, leading crypto exchanges like Binance and Coinbase Advanced witnessed a sharp increase in ETH outflows. Ethereum Reserves On Binance, Coinbase Advanced Dwindle According to a CryptoQuant Quicktake post by contributor CryptoOnchain, Ethereum outflows across all leading crypto exchanges have surged. In August-September 2025, the 50-day Simple Moving Average (SMA) netflow fell below -40,000 ETH per day, the lowest level since February 2023. Related Reading: Ethereum Close To Local Bottom? Analyst Flags Drop In Binance Open Interest The 50-day SMA dropping below -40,000 ETH per day signified reduced spot market supply and potential upward price pressure. The analyst shared the following chart to explain this dynamic. Meanwhile, data from Binance crypto exchange shows netflow fluctuations over the past two years, oscillating between positive and negative values. However, a clear move towards heavy outflows has emerged in recent months. The following chart shows how the 50-day SMA has reached its lowest level in two years on Binance. This indicates diminished liquid holdings on Binance, in line with the broader market trend. A similar trend can be observed on Coinbase Advanced, a top crypto trading platform that primarily serves institutional investors and US-based clients. Here, the 50-day SMA has dropped to around -20,000 to -25,000 ETH, recording the lowest level ever for this exchange. The CryptoQuant contributor noted that the significant decline on Coinbase Advanced since early summer 2025 indicates large-scale asset transfers. Presumably, these are done by institutional investors into cold wallets or non-custodial platforms. CryptoOnchain concluded by saying that the combination of multi-year lows at Binance, coupled with all-time lows at Coinbase Advanced, signals a structural, market-wide trend of ETH withdrawals from exchanges. They added: This kind of liquidity drain typically reduces immediate supply and sets the stage for potential medium‑term bullish moves – provided demand in the market rises. ETH Whales Preparing For Another Rally? Although ETH’s momentum has turned bearish over the past few weeks, on-chain data reveals that ETH whales – wallets with significant ETH holdings – are quietly accumulating the digital asset ahead of another potential rally. Related Reading: Ethereum On-Chain Bloodbath: Rugs And Scams Erode Retail Confidence, What To Know Most recently, crypto analyst Darkfost highlighted that ETH accumulator addresses are rising at an unprecedented rate. Notably, close to 400,000 ETH was added to these specialized wallets on September 24. ETH whales accumulating the digital asset despite its subpar price performance over the past few weeks is not surprising, as bullish macroeconomic prospects point toward a potential upcoming rally for the cryptocurrency. At press time, ETH trades at $3,900, down 2.8% in the past 24 hours. Featured image from Unsplash, charts from CryptoQuant and TradingView.com
China has launched a new operations center in Shanghai dedicated to advancing the digital yuan. The People’s Bank of China announced the opening on Sept. 25, describing it as a step to expand the digital yuan’s role in global finance. The center will focus on cross-border payments, blockchain services, and digital asset platforms. According to […]
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Bitcoin is down 5%, its sharpest weekly drop since March, but October seasonality and long-term holder stability suggest a potential recovery ahead.
SoftBank and ARK are reportedly eyeing an investment in Tether, a move that could value the stablecoin issuer at up to $500 billion as it diversifies beyond USDT.
The industry’s largest stablecoin issuer, Tether (USDT), is reportedly in discussions with a series of leading firms including SoftBank Group and Ark Investment Management, for a significant funding round aimed at raising between $15 billion and $20 billion. This capital influx could potentially value the company at an astonishing $500 billion. Bloomberg News first reported these developments, indicating that Tether is exploring private placement opportunities to solidify its position in the market. SoftBank And Ark Invest’s Potential Involvement Per the report, the involvement of SoftBank and Ark could significantly enhance Tether’s credibility in the eyes of mainstream investors, particularly as the company seeks to overcome previous scrutiny regarding its role in the cryptocurrency ecosystem. Amidst this search for funding, Tether is also expanding its investment horizons beyond digital assets, venturing into sectors such as artificial intelligence (AI), telecommunications, cloud computing, and real estate. Related Reading: Dogecoin (DOGE) On The Brink Of A Major Breakout: 800% Rally In Sight Adding to the momentum, Tether recently appointed Bo Hines, a former advisor to President Trump on cryptocurrency matters, as CEO of its US division. This move aligns with Tether’s vision to establish a new operation in the US, adhering to the new regulatory environment, particularly following the introduction of a new dollar-pegged cryptocurrency aimed at businesses and institutions, dubbed “USAT.” Tether And US Regulatory Standards As NewsBTC reported recently, the new token adheres to the regulatory framework established by the GENIUS Act, the first stablecoin legislation signed into law by President Trump, highlighting Tether’s focus on aligning with US regulatory standards. Related Reading: Expert Prediction: Bitcoin Price Could Hit $200,000 By June 2026, Claiming 50% Probability Paolo Ardoino, Tether’s CEO, noted that the firm’s USDT stablecoin serves as a crucial financial tool for millions in emerging markets, showcasing how digital assets can foster trust, resilience, and financial freedom on a global scale. Featured image from DALL-E, chart from TradingView.com
According to Grayscale, some market sectors benefited from significant changes to US policy in the third quarter, but Bitcoin underperformed compared to Ether and others.
A strategic investor is talking to Kraken about investing $200 million to $300 million at a $20 billion valuation.
BlackRock’s Global Allocation Fund increased its holdings in the firm’s spot Bitcoin ETF (IBIT) by 38.4% during the second quarter, according to a Sept. 26 SEC filing. As of July 31, the diversified fund held 1,000,808 IBIT shares valued at $66.4 million, up from 723,332 shares on Apr. 30. The addition of 277,476 shares represents […]
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Fetch.ai Agentverse MCP accelerates AI agent creation and deployment on decentralized AI infrastructure like OpenxAI Network and Claude AI.
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Two Nasdaq-listed DATs are investing in The Open Network's native token, allocating millions to token reserves even as the asset and their share prices decline.
Wall Street leans into crypto: E*Trade to add BTC, ETH and SOL, JPMorgan cools on stablecoin risks, and CFTC tests tokenized collateral.
Kraken's potential $20B valuation signals strong investor confidence, potentially boosting its market position ahead of its 2026 IPO.
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The SEC's Hester Peirce alluded to regulators turning a new chapter for cryptocurrency and urged "quick progress" for the industry's growth.
Ethereum finds itself at a crossroads after tapping the $3,800 liquidity level and bouncing back, only to stall below the key $4,060 region. With momentum hanging in the balance, traders are questioning whether this pause is simply a fakeout before a recovery or the start of a deeper move toward the $3,600 support level. Struggling Below $4,060: Key Support Yet To Be Reclaimed Ted, a well-followed crypto analyst, recently shared his insights on Ethereum’s latest price action in a post on X. According to the expert, ETH successfully tapped into the $3,800 liquidity level, a move he had anticipated. This level acted as a key zone where buyers stepped in, providing the much-needed bounce for Ethereum after a short-term decline. Related Reading: Wedge Breakout Or False Alarm? Ethereum Faces Its Biggest Support Test Yet Following this bounce, Ethereum managed to recover some ground. However, Ted pointed out that the asset is still struggling to reclaim the $4,060 support region. This level has now become a crucial barrier for ETH, and its inability to hold above it leaves the market in a vulnerable position. The analyst explained that if Ethereum successfully flips the $4,060 level back into support, the market could see a fresh rally develop. Such a move attracts renewed bullish momentum, fueling optimism for a stronger push higher in the near term. On the other hand, Ted cautioned that failing to reclaim this zone increases the risk of further downside. In such a case, Ethereum could see its price tumble back toward the $3,600 level, which stands as the next critical support area. Fakeout Or Freefall? Ethereum Bulls Cling To Their Last Hope According to Andrew Crypto, in a recent update posted on X, the technical outlook across the crypto market isn’t painting a bullish picture. Andrew highlighted that both BTC and ETH have broken down through key support levels, which increases the likelihood of further declines in the short term. Such breakdowns often suggest that buyers are losing strength, leaving room for sellers to dictate market direction. Related Reading: Ethereum Price Recovery Strong – Major Resistance Test Coming Next While acknowledging that the current setup may not be pleasant for traders, Andrew pointed out that this weakness could present a significant opportunity for long-term investors, offering attractive entry points before the next major market cycle takes shape. However, he also left room for cautious optimism. The only possible bullish scenario at this stage, Andrew explained, is if the current move proves to be a fakeout. In that case, a strong rebound could follow, flipping market sentiment back in favor of the bulls. Featured image from iStock, chart from Tradingview.com
Swift has chosen Consensys-developed Linea to pilot its transition from traditional interbank messaging to blockchain-based communications, according to a Sept. 26 report by The Big Whale. A source familiar with the matter said the global banking consortium selected the Ethereum layer-2 network after months of negotiations to test how interbank on-chain messaging can replace its […]
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A new AI study finds that large language models show stable, surprising behaviors when left alone.
The stablecoin issuer is seeking to raise up to $15-$20 billion for a 3% stake. Ark Invest and Softbank are in discussions to participate.
BounceBit Prime passed $1.5B in cumulative volume with support from Franklin Templetons Benji token, as its vault hits $10M TVL.
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SoftBank and Ark Invest have entered early discussions to participate in Tether’s largest external capital raise, according to a Sept. 26 Bloomberg News report. The stablecoin issuer seeks between $15 billion and $20 billion in exchange for approximately 3% equity through a private placement. The fundraising could value Tether at $500 billion, positioning it among the […]
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