Hedera’s HBAR declined about 1.6% for the day to hover near $0.211, but the overall outlook into “Uptober” remains positive. Related Reading: Dogecoin Breakout Could Happen ‘In A Hurry,’ Analyst Warns Momentum is supported by increasing ETF optimism, with new trust and ETF discussions bringing HBAR into the same conversation as large-cap altcoins, along with renewed engagement from SWIFT. Hedera Makes Global Partnerships Hedera representatives participated with SWIFT, Citi, and Germany’s Bundesbank on a Sibos panel to discuss digital-currency interoperability, highlighting Hedera’s role in real-world finance. Meanwhile, Wyoming’s Frontier Stablecoin pilot, which selects HBAR for low-cost, high-speed settlement, continues to validate Hedera’s enterprise-first approach. Under the Hedera Governing Council, featuring companies like Google and IBM, the network’s value proposition is clear: high throughput, low fees, and energy efficiency through its hashgraph consensus. These fundamentals, combined with institutional filings and improved macro narratives for regulated crypto products, keep HBAR on watch lists despite short-term volatility. Price Action: HBAR Key Levels Into “Uptober” Technically, HBAR’s structure shows a recovery from a two-month low near $0.21, with the price still coiling inside a descending wedge, a setup that often precedes upside moves when broader sentiment turns positive. Immediate support lies between $0.212 and $0.205; losing that range could lead to a slide toward $0.198. On the upside, $0.226–$0.230 remains the first barrier; a clear break above could target $0.235 and the mid-September highs near $0.245, with $0.285 as the October stretch level if buying momentum accelerates. HBAR's price trends sideways on the daily chart. Source: HBARUSD on Tradingview Momentum indicators are mixed but stabilizing. RSI has rebounded from oversold (28) into the mid-40s, while Chaikin Money Flow trends higher, suggesting net inflows. The near-term warns of a narrowing golden cross between the 50- and 200-day EMAs that could turn into a death cross if bulls fail to defend the support levels. For swing traders, the strategy is simple: respect downside risk below $0.205, but look for confirmation above $0.230 to push toward $0.245–$0.285. Enterprise Adoption Gains Momentum, With Risks HBAR’s story is supported by enterprise integrations (payments, identity, and tokenization) and consistently very low fees (
The success of spot Bitcoin (BTC) exchange-traded funds (ETFs) and major BTC treasury companies marked another step in the institutional adoption of crypto. US-traded spot Bitcoin ETFs captured $518 million on Sept. 29 and have accumulated $57.3 billion in net flows since their launch in January 2024, according to Farside Investors data. BlackRock’s iShares Bitcoin […]
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Brian Quintenz, policy lead at a16z, is no longer being considered to lead the CFTC, according to reporting from Politico.
Solana spot ETF approvals could come as soon as next week, with a timeline of Oct. 6-10 representing a realistic expectation for the SEC’s approval. As Blockworks reported on Sept. 30, sources at three separate issuers said that the optimism follows the SEC’s adoption of generic listing standards for crypto exchange-traded products, which eliminated the […]
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On-chain data shows a Cardano whale has made a massive withdrawal from Coinbase, a sign that may be bullish for the ADA price. Cardano Whale Has Withdrawn Big From Coinbase According to data from cryptocurrency transaction tracker service Whale Alert, a large transfer has been spotted on the Cardano blockchain during the past day. The move in question involved the shifting of about 67.8 million ADA across the network, worth over $54.3 million at the time that the sender executed the transaction. Related Reading: Bitcoin Sentiment Returns Back To Neutral As BTC Breaks $114,000 Considering the significant scale of the transfer, it’s likely that a whale entity was responsible for it. Whales are big-money investors who carry large amounts in their wallets and hold the power to make huge individual transactions. Because of this, these holders can have some degree of influence in the market. As such, what they are doing on the network can be worth keeping an eye on, as it may reveal the sentiment among them. Usually, though, the anonymous nature of the blockchain means it can be hard to comment on the motive behind a particular transaction. In the case of the current Cardano whale transfer, however, one side of the move involves a wallet that’s already known. Below are the address details related to the transaction. As is visible, the sending address for this Cardano whale transaction was a wallet attached to cryptocurrency exchange Coinbase. Meanwhile, the receiver was an unknown wallet, meaning that it was likely the investor’s self-custodial address. Transfers of this type, where coins flow out of the custody of a centralized exchange, are known as exchange outflows. Generally, investors make exchange outflows when they plan to hold their tokens in the long term, as self-custody tends to be a safer option for them. The latest large Coinbase withdrawal has come as Cardano is significantly down compared to its peak from earlier in September. As such, it’s possible that the move could be an indication of the whale betting on the asset at the current post-dip prices. It only remains to be seen whether the gamble will pay off for the investor. Related Reading: XRP Bounce Incoming? Analyst Targets $3–$3.15 After Support Holds Another altcoin, XRP, has also just witnessed a large transaction, as Whale Alert has pointed out in another X post. Unlike ADA’s transfer, however, this whale move has been an Exchange Inflow. In total, the XRP whale has shifted 18 million tokens of the cryptocurrency (worth around $51.4 million) to Coinbase with the transaction. Holders use exchanges for trading purposes, so it’s possible that the large investor may be looking to exit. ADA Price At the time of writing, Cardano is floating around $0.79, down almost 4% over the last seven days. Featured image from Dall-E, whale-alert.io, chart from TradingView.com
Gemini's co-founders Tyler and Cameron Winklevoss opposed Quintenz's nomination.
Strategy raised the annual dividend rate on its Variable Rate Series A Perpetual Stretch (STRC) Preferred Stock from 10% to 10.25%, effective Oct. 1. The company disclosed the change in a Sept. 30 SEC filing, also declaring a cash dividend of $0.854166667 per share on STRC, payable Oct. 31 to stockholders of record as of […]
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Starknet has introduced a new feature that enables Bitcoin holders to stake their assets on its Ethereum-based Layer 2 network. Announced on Sept. 30, the update marks what the team calls the first trustless method of staking BTC beyond its original blockchain. Through the program, participants can delegate tokenized versions of Bitcoin, earn staking rewards, and contribute to Starknet’s […]
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A fresh bout of tribal sparring over token valuations broke out on X after CoinRoutes founder Dave Weisberger asked why XRP trades at more than ten times the market value of Chainlink’s LINK despite Chainlink’s high-profile role in financial-market infrastructure. The exchange, which followed Swift’s announcement at Sibos that it will launch a blockchain-based ledger, quickly crystallized two very different theories of “value capture” in crypto: a native asset securing and settling an L1 network versus a utility token powering oracle middleware. Weisberger set the stage with a direct challenge to the XRP community: “Can someone from the XRP army (@xrpmickle) explain how XRP is more than TEN times LINK’s value, when LINK has a REAL partnership with SWIFT, AND a clear path to revenue to be shared with Token holders…” The prompt referenced Chainlink’s post congratulating Swift on adopting “blockchains and oracle networks as a key next step,” and emphasizing that Chainlink and Swift “have collaborated across numerous initiatives” to connect financial institutions to blockchains using existing infrastructure and standards. Why Is XRP 10x More ‘Valuable’ Than LINK What followed was equal parts token-economics debate and culture clash. Weisberger, who later clarified “To be clear, I hold both,” added that he thinks “XRP bulls are delusional in their calls,” while conceding that such delusion does not preclude outperformance versus traditional assets. His framing invited two lines of reply: the “volume and adoption” argument and the “different problem, different TAM” argument. Related Reading: XRP Holds Key Support as Institutions Accumulate and ETF Filing Sparks Debate On the data front, one respondent, @baggins_cc, asserted that “The XRP token has a $172B market cap, while LINK has $14B (1/10th). And when looking at the last 24h, by volume, XRPL has processed $4.9B in revenue, compared to LINK, which only has processed $641M. Marketcap is absolute when it comes to ranking, and Volume is empirical & objectively a fact, when it comes to real world adoption.” Weisberger pushed back with a counterexample intended to decouple throughput from token value: “What is the value of XRPL to XRP when TRX processes more than 500 TIMES USDT by value and is 1/5th the market cap?” The thrust: raw settlement or messaging volume does not automatically translate into superior price performance or capitalization for a token. The second, more structural line of response came from former Ripple engineer Matt Hamilton. In a succinct distinction, he wrote: “Trying to compare their value is sort of meaningless. Link is a protocol, the XRP Ledger is an actual network. XRP is the native asset of that entire network. Link is just the token used within the link protocol.” In other words, the two assets occupy different positions in the technology stack: XRP is the base-layer currency of an L1 that provides security, fee payment, and liquidity for its ledger; LINK is the work token for an oracle protocol that sits above execution layers to deliver data and cross-chain services. That stack-positioning argument was amplified by the XRP army member “Ripple Bull Winkle,” who reframed the comparison in terms of addressable markets: “Because XRP isn’t competing with LINK — it’s solving a different problem on a much larger scale. LINK = middleware for data feeds. XRP = bridge asset for global settlement. One secures oracles, the other settles value between banks, CBDCs, tokenized treasuries, & stablecoins. The TAM for cross-border payments dwarfs oracle revenue. And by the way — Ripple has been partnered with SWIFT participants for years. This isn’t XRP vs LINK, it’s XRP in the heart of the plumbing that moves the actual money. That’s why the market values it 10x higher.” Related Reading: Everyone’s Wrong About XRP: Here’s Why, Says Top Analyst Other replies took aim at investor narratives themselves. When a commenter criticized Weisberger’s “lazy ask,” he volleyed back with a reminder that many were “talked into XRP based on SWIFT, despite no clear token economics and no definitive use case,” nodding to years of marketing-driven expectations that official banking rails would one day require XRP. In the end, the thread does not “prove” why XRP is worth ten times LINK or vice versa; instead, it exposes a fundamental split in crypto investing frameworks. One camp prioritizes native-asset economics of base layers and their role as neutral settlement media; the other prioritizes revenue-bearing middleware whose services are indispensable to a tokenized financial system. As the Swift news resets expectations about how legacy rails will interface with blockchains, the core question for markets remains unchanged: which designs actually trap value, and how verifiably do those mechanics funnel real-world usage into persistent demand for the token itself? On that score, the debate is far from settled. At press time, XRP traded at $2.84. Featured image created with DALL.E, chart from TradingView.com
The White House has withdrawn its nomination for Brian Quintenz to chair the US commodities regulator.
The withdrawal may impact crypto regulation and innovation oversight, potentially altering the CFTC's approach to digital assets.
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Another no-action letter from the agency staff signals the SEC's view that state-chartered trusts are fine for handling digital asset custody.
Bloomberg senior ETF analyst Eric Balchunas said tokenized stocks are unlikely to pose a major threat to exchange-traded funds, even as the SEC considers a rule change that could bring shares of companies such as Tesla and Nvidia onto crypto exchanges. Balchunas framed the potential change as more of a convenience for digital asset investors […]
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David Schwartz was one of the chief architects behind the XRP Ledger and is well known by many in the cryptocurrency and blockchain industry.
XRP is showing signs of strength as it holds above key support levels, but the road to a breakout remains far from clear. While momentum off the trendline brings optimism, bearish divergences on higher timeframes are raising caution. Bearish Divergence Signals Market Caution CasiTrades, in a recent update, noted that XRP has managed to show some momentum after bouncing off the black trendline highlighted last week. The respect of this level is encouraging, but the market is not out of danger just yet. Its price still faces the critical $3 resistance, which remains the key hurdle to confirm the start of a new bullish trend. Until that level is broken, downside risks remain valid, with $2.79 (0.5 retracement) and $2.58 (0.618 retracement) identified as the main support zones. Related Reading: Everyone’s Wrong About XRP: Here’s Why, Says Top Analyst However, the move from the trendline appears to be forming a clean ABC corrective pattern rather than a 5-wave impulsive rally. Price action has already rejected the targets for the C-wave, and bearish divergence has been spotted on the 4-hour chart. This combination of factors does not align with the characteristics typically expected at the beginning of a true Wave 3 breakout. On the 1-hour RSI, XRP is now testing the lower support trendline, which CasiTrades is closely monitoring for confirmation of the next move. Looking ahead, the key level to watch is $2.69. Ideally, XRP avoids a new low beneath this zone, as that would force a reset of the wave count and shift the outlook. However, a retest of $2.58 remains valid and could still serve as a springboard for a larger bullish move. The overall picture suggests XRP is at a pivotal stage: breaking through resistance could ignite a long-awaited rally, but failure here risks invalidating the bullish structure entirely. XRP Supports Hold Firm As Momentum Builds CasiTrades emphasized that XRP’s support levels remain unchanged for now, and the market is still waiting for one of these key zones to spark the momentum required to break through resistance. Without a decisive push, the price risks lingering in its current range while testing lower levels. Related Reading: XRP Price Attempts Recovery – Can Market Push Higher Despite Strong Barriers? According to the analysis, a true Wave 3 breakout will only be confirmed when XRP cleanly clears the major resistance levels at $2.79, $3.00, and $3.25. These barriers must fall without hesitation or repeated rejection; otherwise, the price action would simply signal weakness and the likelihood of further downside testing. CasiTrades also advised keeping a close watch on Bitcoin’s movements for broader market alignment, as well as on signs of bullish divergence forming during the next pullback. Once that momentum appears, XRP could finally have the setup to trigger the breakout that traders have been anticipating. Featured image from iStock, chart from Tradingview.com
"This is a textbook example of more clarity for the digital asset space," said Bloomberg Intelligence analyst James Seyffart.
Clearer rules have spurred a US crypto hiring surge in 2025, but outdated tax policy and concerns over Trump’s personal ties to the industry still fuel resistance.
Clearer rules have spurred a US crypto hiring surge in 2025, but outdated tax policy and concerns over Trump’s personal ties to the industry still fuel resistance.
Hollywood’s largest actors’ union denounces AI “actress” Tilly Norwood, warning the digital creation threatens jobs and erodes human artistry.
SOL late leverage longs got rinsed by the flash crash to $205, but data shows pro traders buying the dip and retail traders opening fresh spot and margin positions.
Former Securities and Exchange Commission Chair Gary Gensler is facing lawmakers' scrutiny over texts that were deleted during his tenure.
The White House says the initiative, which will pay AI research teams millions to analyze government cancer data, could help cure childhood illnesses and reduce treatment side effects.
The new product "enables any business to launch and manage their own stablecoin with just a few lines of code."
Dogecoin has yet to deliver the kind of rally many expect in the current market cycle, but one analyst believes that is only a matter of time. Posting on the social platform X, the analyst with the handle @EtherNasyonaL described a parabolic run for Dogecoin as inevitable, pointing to recurring chart structures that preceded Dogecoin’s explosive rallies in 2017 and 2021. Dogecoin’s price movement in this cycle has largely been characterized by short-lived bursts of momentum followed by lengthy stretches of sideways consolidation or gradual retracements. Yet, there is a strong conviction among the most bullish Dogecoin proponents that the true rally for this cycle has not yet taken place. To them, Dogecoin is still in the build-up stage for a strong rally. Dogecoin Hasn’t Pumped Yet This Cycle One such example is a recent analysis that was posted on the social media platform X, where the analyst noted that Dogecoin hasn’t actually pumped up in the current cycle yet. Related Reading: Dogecoin Is Sitting On A Powder Keg: Here’s The Explosion That Will Send Price To $1.3 The chart posted by the analyst draws attention to a series of descending trendlines that Dogecoin has historically broken through and gone on exponential rallies shortly after. These periods often lasted years, with prices moving sideways and testing investor patience before then going on a rapid pump. Particularly, the analyst highlighted the 2017 breakout, where Dogecoin climbed out of a multi-year base, retested the moving average, and then rallied in the months after. As well as the 2021 rally, where the meme coin broke above the multi-year base and retested the moving average again before finally soaring to its current all-time high of $0.7316. The current setup shows Dogecoin in a similar position. Having broken above the resistance trendline months back, the Dogecoin price went back to retest the monthly moving average again, as shown by the red circle in the chart below. Now, it seems Dogecoin is trying to extend a rally, as evidenced by the price action in the past two months above $0.22. If history repeats, the present stage may be laying the groundwork for yet another multi-month price surge. The Current Cycle Looks Different Dogecoin’s current price cycle presents unique dynamics compared to past rallies. Unlike in 2017 or 2021, which were mostly based on meme coin hype, Dogecoin is now trading in a crypto market with higher liquidity and greater institutional investments. As such, the factors for any projected rally at this point will depend on the amount of institutional inflows that come into Dogecoin. Related Reading: Ultra Wealth Dogecoin Whales Buy Billions In DOGE – Here Are The Numbers Discussions around Spot Dogecoin ETFs have added a new dimension to how capital could flow into the asset. If such products gain regulatory approval, they could open up Dogecoin to institutional inflows, much like what has already been seen with Bitcoin and Ethereum ETFs. Nonetheless, Dogecoin’s on-chain data and trading metrics have begun to reflect behavior consistent with accumulation phases seen ahead of past breakouts. September, in particular, has been highlighted by multiple whale purchases. For example, DOGE whales added 2.08 billion DOGE to their holdings during the most recent price pullback below $0.23. At the time of writing, Dogecoin is trading at $0.231. Featured image from Pixabay, chart from Tradingview.com
The U.S. regulator's decision to give the project's token distributions a pass represents the right get-out-of-the-way approach, Commissioner Hester Peirce said.
The Nasdaq-listed Solana-focused treasury firm has added another high-profile crypto figure to its advisory board.
Critics slam OpenAI’s new shopping and Sora 2 video app as “infinite slop,” citing monopoly risks, energy costs, and mission drift.
Ripple's Chief Technology Officer, David Schwartz, announced his departure after more than a decade at the technology company.
Bitcoin derivatives markets show heightened caution amid weak macroeconomic data, but Bitcoin ETF inflows and corporate accumulation signal bullishness.
Stablecoins issued jointly by companies in the EU and other regions could come under scrutiny from local authorities following a reported warning from a watchdog group.