Cardano (ADA) is trading around $0.78–$0.80, struggling beneath a strong resistance at $0.83–$0.85, where the 50/100/200-day EMAs converge. Prediction markets currently assign a 91%–95% chance of U.S. Cardano spot ETF approval, with dates tentatively set for late October 2025. Related Reading: Ethereum Founder Dumps Billions In These Meme Coins, Is This A Repeat Of Shiba Inu In 2021? This narrative has helped stabilize sentiment after September’s decline. Bulls believe institutional access could mirror BTC/ETH’s ETF strategy by increasing liquidity and expanding demand. However, options activity remains subdued, and recent long liquidations suggest traders are cautious about chasing gains before a clear breakout. If ADA closes above $0.85, potential upward targets are $0.87 (Fib 0.382) and $0.90 (Fib 0.5). Cardano (ADA) Key Levels: $0.78 Support, Then $0.75 and $0.71 The Cardano (ADA) near-term structure is a range between $0.78 and $0.83 after a pullback from highs near $0.95. Momentum has improved from oversold levels, but Parabolic SAR remains above the price, and the trend hasn’t fully flipped. Immediate support is at $0.78, with deeper liquidity pockets at $0.75 and $0.71; a failure there exposes $0.68 as the last major defense. Analysts also point out a developing death-cross risk on lower timeframes, implying rallies could fade without new catalysts. Macro factors remain influential: tighter financial conditions or a Bitcoin retrace can reduce altcoin bids, capping ADA under resistance even if ETF headlines stay strong. ADA's price trends sideways on the daily chart. Source: ADAUSD on Tradingview The 2026 Bear Case: Why Sub-$0.30 Isn’t Impossible Beyond the next few weeks, some strategists warn of a path where ADA may revisit sub-$0.30 in 2026. The reasoning: at a roughly $34B market cap near $0.80, multiples might shrink unless usage growth significantly accelerates. While Cardano promotes research-driven upgrades (Ouroboros Leios, the Omega roadmap) and has an eight-year record with no downtime, critics point to slow app adoption, capital shifting to newer ecosystems, and ETF attention potentially directing flows into a few large caps. If global liquidity tightens, ETFs underperform, or structural demand weakens, a prolonged cycle could push ADA toward value zones below $0.30, where longer-term buyers might enter. Related Reading: Dogecoin Breakout Could Happen ‘In A Hurry,’ Analyst Warns In the short term, watch $0.83–$0.85 for a trend reversal and $0.78/$0.75 on the downside. The ETF story provides ADA with a real catalyst, but actual delivery and demand must materialize. Without that, the 2026 sub-$0.30 scenario remains a possible risk, especially if macroeconomic headwinds emerge. Cover image from ChatGPT, ADAUSD chart from Tradingview
Ethereum price started a recovery wave above $4,175. ETH is now consolidating and might aim for more gains if it clears the $4,240 resistance. Ethereum remained stable above $4,100 and started a recovery wave. The price is trading above $4,160 and the 100-hourly Simple Moving Average. There is a connecting bullish trend line forming with support at $4,120 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to move up if it settles above $4,220 and $4,240. Ethereum Price Eyes Upside Break Ethereum price remained supported above the $4,050 level and started a recovery wave, like Bitcoin. ETH price was able to recover above the $4,150 and $4,200 resistance levels. The price even spiked toward $4,240 before there was a minor pullback. The price is again rising from $4,095 and trading near the 50% Fib retracement level of the recent decline from the $4,237 swing high to the $4,093 low. Besides, there is a connecting bullish trend line forming with support at $4,120 on the hourly chart of ETH/USD. Ethereum price is now trading above $4,160 and the 100-hourly Simple Moving Average. On the upside, the price could face resistance near the $4,200 level and the 76.4% Fib retracement level of the recent decline from the $4,237 swing high to the $4,093 low. The next key resistance is near the $4,240 level. The first major resistance is near the $4,280 level. A clear move above the $4,280 resistance might send the price toward the $4,320 resistance. An upside break above the $4,320 region might call for more gains in the coming sessions. In the stated case, Ether could rise toward the $4,450 resistance zone or even $4,500 in the near term. Another Decline In ETH? If Ethereum fails to clear the $4,200 resistance, it could start a fresh decline. Initial support on the downside is near the $4,120 level and the trend line. The first major support sits near the $4,095 zone. A clear move below the $4,095 support might push the price toward the $4,020 support. Any more losses might send the price toward the $3,920 region in the near term. The next key support sits at $3,840. Technical Indicators Hourly MACD – The MACD for ETH/USD is gaining momentum in the bullish zone. Hourly RSI – The RSI for ETH/USD is now above the 50 zone. Major Support Level – $4,120 Major Resistance Level – $4,240
Ripple is taking another bold step toward mainstream finance by extending the reach of its Interledger Protocol into the SWIFT network, regarded as the backbone of global payments. By enabling interoperability between two of the most influential payment ecosystems, Ripple is positioning XRP as a key player in the future of international money movement. Could XRP Become A Standard For Settlement? The strategy for mainstream adoption of the XRP Ledger (XRPL) and its native asset, XRP, is intricately linked to the Interledger Protocol (ILP). As highlighted by researcher SMQKE on X, Ripple’s approach is to become an essential part of the Society for Worldwide Interbank Financial Telecommunication (SWIFT) network, providing an interoperable layer that seamlessly bridges the old and new financial worlds. Related Reading: Pundit Claims That Ripple Is Building The Banking System Right On The Blockchain Using XRP This Interledger Protocol is designed to synchronize separate ledgers without forming a new one, while acting as a connective tissue across financial systems. In many ways, it mirrors SWIFT’s own structure, where the successful processing of a payment message creates binding obligations to pay between nodes and intermediaries. However, ILP is Ripple’s core strategy for mainstream adoption of the XRP Ledger. By making ILP fully compatible with SWIFT, Ripple ensures that both XRP and its technology can plug into the world’s most dominant payment network. What’s important about this move is the fact that Ripple itself is now often described as evolving into the Interledger Protocol initiative. Ripple understood that the world would never standardize on a single ledger, which is why it built ILP to enable interoperability to bridge across multiple systems. Meanwhile, this approach is reinforced through the ISO 20022 adoption to ensure that the entire transaction is secure, seamless, and scalable, offering a superior settlement experience that coexists with the bank’s existing messaging connectivity across the global financial infrastructure. “The strategy is clear: one protocol (ILP), unlimited networks, and seamless XRP movement,” SMQKE noted. The Promise Of Financial Freedom With XRP As the crypto landscape expands, XRP has been hailed as an asset that could offer financial breakthroughs. The sentiment expressed by Traveler2236 points to a profound vision of global financial inclusion and the end of economic inequality enforced by legacy systems. His core claim is that there will come a day when XRP will unleash dreams beyond imagination. Related Reading: Analyst Warns XRP Investors That This Is Happening Right Now – Time To Pay Attention? Also, there will be no denials because of a credit score, and no more doors closed because your income doesn’t match some arbitrary outcome. Traveler2236’s statement is not merely a prediction, but a declaration of certainty, bordering on a personal epiphany. “This isn’t a dream anymore, it’s happening right now,” the expert stated. Featured image from iStock, chart from Tradingview.com
Bitcoin price started a recovery wave and traded above $114,200. BTC is now consolidating gains and facing hurdles near $114,750. Bitcoin started a fresh recovery wave above the $114,000 zone. The price is trading above $114,000 and the 100 hourly Simple moving average. There is a short-term bullish trend line forming with support at $113,300 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might continue to move up if it clears the $114,750 zone. Bitcoin Price Eyes Upside Break Bitcoin price managed to stay above the $112,000 zone and started a recovery wave. BTC settled above the $113,200 resistance zone to start the current move. The bulls were able to pump the price above the $114,000 and $114,200 levels. The bulls even cleared the $114,500 level. A high was formed at $114,770 and the price is now consolidating gains. There was a minor decline below the 23.6% Fib retracement level of the upward move from the $108,677 swing low to the $114,771 high. Bitcoin is now trading above $114,200 and the 100 hourly Simple moving average. Besides, there is a short-term bullish trend line forming with support at $113,300 on the hourly chart of the BTC/USD pair. Immediate resistance on the upside is near the $114,750 level. The first key resistance is near the $115,000 level. The next resistance could be $115,500. A close above the $115,500 resistance might send the price further higher. In the stated case, the price could rise and test the $116,500 resistance. Any more gains might send the price toward the $117,500 level. The next barrier for the bulls could be $118,00. Another Drop In BTC? If Bitcoin fails to rise above the $114,750 resistance zone, it could start a fresh decline. Immediate support is near the $113,300 level and the trend line. The first major support is near the $112,200 level. The next support is now near the $111,750 zone. Any more losses might send the price toward the $111,000 support in the near term. The main support sits at $110,500, below which BTC might struggle to recover in the short term. Technical indicators: Hourly MACD – The MACD is now gaining pace in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now above the 50 level. Major Support Levels – $113,300, followed by $112,200. Major Resistance Levels – $114,750 and $115,000.
The SEC issued a no-action letter on Sept. 30, allowing investment advisers to use state-chartered trust companies as qualified custodians for crypto assets, opening the door for Ripple, Coinbase, and other digital asset firms to serve registered funds. The staff guidance clarifies the definition of “bank” under the Investment Advisers Act of 1940 and the […]
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The clarification of the regulator's stance creates a potential opening for a wider group of firms to serve as custodians for digital assets.
Stripe’s new “Open Issuance” tool will enable companies to easily build and launch their own stablecoins, as well as manage the token’s reserves.
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."