Kenya’s parliament has passed the Virtual Asset Service Providers (VASP) Bill, providing the country with its first clear legal framework for cryptocurrencies. The bill now moves to President William Ruto for approval, according to Reuters. Lawmakers believe the new legislation will bring clarity, enhance investor confidence, and stimulate growth in Kenya’s digital asset sector, which …
Circle's regulatory compliance, liquidity head start, and partnerships with Coinbase and Binance are among the catalysts, the analysts said.
Binance Coin (BNB) climbed to a fresh record on Monday, hitting $1,370 after briefly topping $1,355. According to reports, the move came even as the wider crypto market took a heavy blow — a nearly $20 billion wipeout tied to leveraged positions — leaving many tokens under pressure while BNB pushed onward. The token also stood out in the top 20 by market cap by closing the week with a 10% gain. Related Reading: XRP Traders Face Fresh Selling Pressure As Large Holders Move Out BNB Inks New Highs Traders watching price charts pointed to a string of strong moves. After a rally to $860 in July, BNB fell about 14% to $728 and then resumed its rise. It later reached $1,075 before pulling back to $930, and it rode that momentum into the early October peak. During the market-wide sell-off that followed, BNB dipped back toward $855 but then recovered and surged to the current all-time high of $1,375, before easing to around $1,272 in the latest swings. Based on reports, the token has shown repeated cycles of sharp advances followed by manageable declines — a pattern some traders read as an ongoing bull run. #BNB swallowed that dump & made a new ATH binance super cycle. pic.twitter.com/8sihgznGky — Big Wiz ???????????? (@WisdomMatic) October 13, 2025 Traders Spot Parabolic Upswing A number of market voices have described the most recent pattern as parabolic. One prominent trader, posting under the name Big Wiz, said BNB “swallowed” last week’s crash and then went on to print new highs. Charts shared by analysts show steep curves and quick pullbacks, which have been met with buying rather than long-lasting sell pressure. This type of action has led to talk of a “Binance supercycle,” though that phrase is speculative and remains unproven. Some market participants say the rally reflects genuine demand for the token. Others worry that concentrated buying or internal factors could be inflating prices. Speculation And Skepticism Remain Reports have disclosed that not everyone agrees on the cause of the rally. Some investors point to active product launches and community interest on BNB Chain as drivers. Related Reading: Bitcoin Whale Breaks 13-Year Silence, Moves $33 Million To Exchange Others say promotion and market attention could be pushing prices higher without a broad base of support. The claim that BNB is the only top 20 asset to end the week in the green with an 10% rise is a clear data point, but it does not explain the full story behind trader behavior. fudders even try to make this sound like a bad thing? ????????♂️ Please post more of this about #BNB. ???? https://t.co/hOUy6ll4BS — CZ ???? BNB (@cz_binance) October 12, 2025 CZ Sees Strength In BNB Changpeng Zhao, the founder and former CEO of Binance, has commented publicly about BNB’s performance. He has argued that the token’s design, its community, and deflationary aspects support price action. He also suggested that the chatter and fear around BNB have sometimes led to more buying. Featured image from Getty Images, chart from TradingView
Elon Musk is back in the headlines, linking Bitcoin, energy, and the AI boom in a single tweet that has everyone talking. Responding to a post about the energy needed to fuel AI, Musk said: “True. That is why Bitcoin is based on energy: you can issue fake fiat currency, and every government in history …
The US government's Bitcoin management reflects a strategic shift towards integrating digital assets into national economic policies.
The post US government moves 668 Bitcoin to new wallet appeared first on Crypto Briefing.
Over the past week, Bitcoin dropped to a three-month low of $102,500, triggering $20 billion in liquidations. Since that, it has bounced back slightly by about 6%, but the rally lost strength as Bitcoin dropped 3% to $111,800, with big whale shorts leaving the market on edge. Meanwhile, Popular crypto analyst Doctor Profit offers a …
Global markets are on edge as Federal Reserve Chair Jerome Powell prepares to deliver his much awaited speech on “Economic Outlook and Monetary Policy” before the National Association for Business Economics in Philadelphia. Notably, this is his first major appearance since the last Fed policy meeting in September. Investors will be closely listening today for …
Metaplanet's mNAV dropped below 1 for the first time, meaning its enterprise value is lower than that of its bitcoin holdings.
Analysts said most of the record $19 billion crypto liquidation was organic deleveraging, but other traders accused market makers of deepening the crash.
The Chicago Mercantile Exchange (CME) Group has expanded its crypto derivatives by launching option products for Solana (SOL) and XRP. The new products were approved by the U.S. Commodity Futures Trading Commission (CFTC), which went live on October 13 on CME’s US platform. XRP and Solana Launch on CME The world’s largest derivatives marketplace has …
Monad co-founder Keone Hon warned users to stay vigilant after fake links appeared as Telegram ads in its official announcements channel.
Despite the largest ETF outflow in weeks and a sharp bitcoin price drop, IBIT continues to attract capital.
In the chaotic aftermath of last week’s market-wide wipeout, one granular forensic stands out: order-book depth on major venues thinned to “air,” letting relatively modest market orders rip through price levels with almost no resistance. The phenomenon, captured by independent market analyst Dom (@traderview2) on X, is now central to a stark takeaway for XRP: under the same microstructure conditions, price can mechanically gap as easily to $1.19 as to $20. It is not a forecast; it’s a statement about how quotes, liquidity, and matching engines behave under stress. XRP Price May Gap To $1.19 Or $20 Dom’s post reconstructing the XRP leg of the move uses Binance Futures’ order-book depth to illustrate the dynamic. “XRP orderbook depth on Binance Futures during the crash. Prime example of ‘liquidity evaporation’,” he wrote, noting that for more than two hours pre-cascade, there was roughly “$50–60M in liquidity within 5% of price on both sides. Stable, deep book.” The hour everything broke was different. “Look closely right before 21:00 during that first leg down, nearly 20M USD market sold (shorts entering/longs liquidated). Bid side (blue) goes from $50M to near zero… At this point, XRP is near $2.50 while all liquidity under it is basically gone, air.” Minutes later, with “more sells… trickling into a basically air pocketed book,” price slid from “$2.50 to $1.19. Nobody replenished the book. MMs either pulled or just walked away to protect. These markets really are more fragile than most think,” he wrote. Related Reading: XRP About To Stage A Repeat Of 2017? Here’s What Happened Last Time There Was A Flash Crash The same thread and follow-ups widened the lens to cross-venue behavior. Dom highlighted a striking divergence on the Dogecoin tape: “DOGE nuked to $0.09 on Binance, OKX, Bybit and Kraken… Coinbase was trading over 40% higher. Their market makers were either running a completely different playbook or protecting the books. That divergence wasn’t random and someone kept the floor intact.” The implication is not that aggressive buyers or sellers “controlled the move,” but that quote providers—market-making algorithms with the discretion to pull or reprice quotes—dictated where executable liquidity actually existed as prices gapped. Related Reading: Is The XRP Bottom In? Pundit Claims ‘Sellers Are Exhausted’ That framing also addresses a common post-mortem question from traders staring at cumulative volume delta (CVD) prints that went vertical even as prices fell: net buy pressure can rise while price still drops if the best offers are yanked and re-quoted lower in milliseconds, forcing buyers to chase a descending ask. As Dom put it in a separate explainer on DOGE, “Liquidity was pulled and repriced lower in milliseconds, over and over again. Doesn’t matter how much you buy. The closest ask keeps sliding down faster than you can hit it… Price doesn’t fall because of ‘selling’—it falls because the ground itself keeps disappearing. […] My analysis so far supports the case this was happening with many coins…” The logic is symmetric: when quote liquidity vanishes above price, upside gaps can be as mechanically abrupt as downside air-pockets—hence Dom’s answer to whether a $2 to $10 or even $20 spike could happen “on the way up”: “Technically speaking, yes.” At press time, XRP traded at $2.46. Featured image created with DALL.E, chart from TradingView.com
The test follows a successful rollout on the Holesky testnet two weeks ago.
Elon Musk explained that Bitcoin’s value is tied to real energy use. Unlike fiat currencies, which governments can print without limit, energy is a finite resource that can’t be faked. This makes Bitcoin unique because mining requires actual energy consumption, grounding its value in something tangible. Musk’s point highlights why Bitcoin is considered more secure …
Ethena’s synthetic dollar, USDe, shed over $2 billion in market capitalization after briefly losing its dollar peg on Binance. The flash event exposed structural risks in crypto’s stablecoin plumbing. According to CryptoSlate data, USDe’s market value dropped from $14.8 billion on Oct. 10 to $12.6 billion by Oct. 12. The decline coincided with a Binance […]
The post $2B Ethena USDe depeg exposes cracks in crypto’s ‘synthetic dollar’ system appeared first on CryptoSlate.
Just three days ago, MyNeighborAlice Coin hit its all-time low of $0.2134. Today, it’s showing signs of life again, surging 51.41% in a single day and 36.06% over the past week. The market cap has jumped to $48.69 million, and 24-hour trading volume exploded 1,424% to $435 million, indicating that traders are piling back in. …
South Korea’s Financial Intelligence Unit (FIU) has restarted its review of Binance’s 67% stake acquisition in local exchange Gopax after a two-year pause due to regulatory concerns. The FIU is currently examining Gopax’s executive change filing favorably, with approval likely by the end of 2025. This move could pave the way for Binance’s return to …
Japan Bitcoin treasury company Metaplanet paused Bitcoin purchases for two weeks, only to see its enterprise value slip below the value of its BTC holdings.
The digital asset market is shifting fast, and both Solana and Bitcoin are again in focus. Analysts expect a rebound across the top altcoins, with MAGACOIN FINANCE also drawing attention as traders seek fresh opportunities after the recent pullback. Solana Price Prediction: Can SOL Hold the $217 Level? Solana price sits near $217, a key level that traders are watching closely. The coin has pulled back after recent gains but remains inside its longer-term rising structure. A clean reaction above $217 could set up a return toward $230–$235, which has acted as a ceiling for weeks. Analysts note that defending this area keeps Solana’s broader uptrend alive. If buyers take control near this level, the next wave higher could reach $240 and possibly $250 as confidence returns to the market. However, if price breaks below $210, a dip toward $200 is still possible before the next attempt higher. The current consolidation shows that traders are cautious but not ready to abandon the bullish setup yet. Overall, Solana price prediction remains optimistic as long as it stays above $210–$217. The coin continues to attract participants looking for medium-term upside if Bitcoin begins to rise again. Bitcoin Price Prediction: Bulls Eye $120K Recovery Bitcoin price dropped from its $126,000 high and briefly tested the $102,000 zone. Analysts say this move is part of a normal reset after the market’s strong rally. Data from Glassnode shows that a large number of traders accumulated Bitcoin around $117,000–$119,000, suggesting demand remains healthy. Experts like Stockmoney Lizards and Ted Pillows believe that after this “flush,” Bitcoin will likely turn higher again. If Bitcoin holds above $118,000, the next recovery phase could push prices back toward $125,000–$130,000. The recent drop in futures open interest by $4.1 billion also indicates that leveraged positions are cooling off, which often clears the path for steadier price growth. For now, the Bitcoin price prediction favors a recovery once short-term pressure eases. Many traders view this dip as a setup for a stronger fourth-quarter rally. MAGACOIN FINANCE: The New Altcoin to Watch As Solana and Bitcoin draw attention, MAGACOIN FINANCE is fast becoming a name to watch. Analysts say it could see the strongest price action once Bitcoin rebounds, which makes it one of the best crypto presales right now. Because it’s newer and has a low market cap, this altcoin is seen as more agile and better positioned to react when major coins start moving. If Bitcoin gains 20%, MAGACOIN FINANCE could rise between 200% and 2,000%, according to early projections. Those who missed the Dogecoin run in 2021 are watching this project closely as a new opportunity in the market. MAGACOIN FINANCE is audited by CertiK and HashEx, adding credibility and user confidence to its ecosystem. What Traders Should Do Now Traders watching Solana and Bitcoin should keep an eye on the $217 and $118K zones. A recovery from these levels could trigger a wider market rally. For those looking for early movers, MAGACOIN FINANCE may offer a new entry point before broader adoption begins. Website: https://magacoinfinance.com X: https://x.com/magacoinfinance Telegram: https://t.me/magacoinfinance This article does not constitute financial advice. Cryptocurrency investments carry risk. Always do their own research (DYOR). Authored by NewsBTC, https://www.newsbtc.com/news/solana-price-prediction-analysts-expect-250-recovery-if-bitcoin-regains-120k
SB 822 ensures that unclaimed crypto assets retain their original form when remitted to the state, rather than being liquidated.
South Korea has resumed its review of Binance’s acquisition of local crypto exchange Gopax, potentially paving the way for the world’s largest crypto exchange to fully re-enter the country. The Financial Intelligence Unit (FIU) is now examining Gopax’s formal report on changes to key executives, a process that effectively assesses Binance’s qualifications as a controlling …
BNB is back near $1,300 after a sharp rebound, but the asset may not be done yet as one analyst thinks a run all the way to $2,400 is possible. BNB Has Been Rising Since Parallel Channel Breakout Much like the rest of the cryptocurrency sector, BNB suffered a price crash on Friday, but while the rest of the market has been unable to make a full recovery, the altcoin has already retraced to the pre-crash level, and surpassed it. Related Reading: Bitcoin Direction Still Unclear: Analyst Says Watch These Key Charts Earlier on Monday, the coin even managed to set a new all-time high (ATH) above $1,370. Thus, it would appear that unlike Bitcoin, the coin’s ATH exploration period hasn’t cooled off yet. And it’s possible that BNB will only climb further in the near future, if the technical analysis (TA) pattern shared by analyst Ali Martinez in an X post is anything to go by. The pattern in question is a Parallel Channel, which forms whenever an asset’s price observes consolidation between two parallel trendlines. The upper level of the pattern acts as a resistance barrier, while the lower one provides support. Together, they keep the price locked inside the channel. When one of these levels fails to hold, the asset can witness a continuation of trend in that direction. A surge above the resistance line is naturally a bullish signal, while a fall under the support a bearish one. The 3-day price of BNB was stuck inside a Parallel Channel for a few years before it found a breakout earlier this year, as the chart shared by Martinez shows. Since the breakout, BNB has been exploring new highs, implying the bullish effect of the Parallel Channel resistance break may be in effect. From the graph, it’s apparent that the coin has so far climbed up half as much distance as the width of the channel. Generally, Parallel Channel breakouts are considered to be of the same length as the width of the channel. If the cryptocurrency is following this pattern, then it may be targeting the level a full height above the channel. “It looks like BNB wants to push toward $2,400!” notes the analyst. A surge to this target of $2,400 from the current level would imply an increase of almost 89% for the coin. It now remains to be seen whether the asset will follow this path suggested by the Parallel Channel. Related Reading: XRP Whales Are Selling: $50 Million Exiting Wallets Every Day In another X post, Martinez has pointed out that the 1-day price of Bitcoin has also been traveling inside a Parallel Channel for the last few months. As displayed in the chart, Bitcoin is trading near the midline of the Parallel Channel after its plunge. It will now be interesting to see whether it continues its decline to the $100,000 lower level or not. BNB Price At the time of writing, BNB is trading around $1,270, up 4% over the last week. Featured image from Dall-E, charts from TradingView.com
The interoperability layer designed for decentralized finance aims to introduce 'a singular access point' for blockchains.
Spot Bitcoin and Ether ETFs faced heavy outflows on Monday as investors grew cautious following a record $20 billion weekend liquidation.
Pi Network blends free mobile mining, referral rewards and social hype. Despite delays, centralization and a 90% price drop, it still attracts millions.
Ripple is turning hackers into heroes. The blockchain company behind XRP has launched a $200,000 “Attackathon” with security platform Immunefi, inviting researchers worldwide to find flaws in the new XRPL Lending Protocol before it officially goes live. Ripple says this competition is part of its plan to make the XRP Ledger the safest foundation for …
Bhutan has transitioned its National Digital Identity (NDI) system to the Ethereum blockchain, enhancing transparency and advancing digital modernization. This move allows nearly 800,000 citizens to securely verify their identities and access government services.. NDI Integration to Ethereum in Bhutan On Monday, Bhutan Times reported that His Royal Highness (Crown Prince of Bhutan) Gyalsey Jigme …
The global crypto market is showing signs of stabilization after one of the most volatile weeks of the year. Total market capitalization stands at $3.88 trillion, up 0.28% in the last 24 hours. Bitcoin reached a new all-time high earlier this week, even as the market endured its largest leverage wipeout in history. Nearly $19 …
According to analyst Eric Balchunas, Crypto ETFs are on track to surpass $1 trillion in assets this week, fueled by $30 billion in weekly ETF inflows. October 2025 has already seen record ETF inflows of $180 billion, a monthly figure that would break historical records if measured on a calendar basis. Analysts note that these …