ReportWire

Tag: crypto

  • XRP Price Correction Is Far From Over: Bearish Divergence Signals Potential Revisit To $2.05

    [ad_1]

    Ronaldo is an experienced crypto enthusiast dedicated to the nascent and ever-evolving industry. With over five years of extensive research and unwavering dedication, he has cultivated a profound interest in the world of cryptocurrencies.

    Ronaldo’s journey began with a spark of curiosity, which soon transformed into a deep passion for understanding the intricacies of this groundbreaking technology.

    Driven by an insatiable thirst for knowledge, Ronaldo has delved into the depths of the crypto space, exploring its various facets, from blockchain fundamentals to market trends and investment strategies. His tireless exploration and commitment to staying up-to-date with the latest developments have granted him a unique perspective on the industry.

    One of Ronaldo’s defining areas of expertise lies in technical analysis. He firmly believes that studying charts and deciphering price movements provides valuable insights into the market. Ronaldo recognizes that patterns exist within the chaos of crypto charts, and by utilizing technical analysis tools and indicators, he can unlock hidden opportunities and make informed investment decisions. His dedication to mastering this analytical approach has allowed him to navigate the volatile crypto market with confidence and precision.

    Ronaldo’s commitment to his craft goes beyond personal gain. He is passionate about sharing his knowledge and insights with others, empowering them to make well-informed decisions in the crypto space. Ronaldo’s writing is a testament to his dedication, providing readers with meaningful analysis and up-to-date news. He strives to offer a comprehensive understanding of the crypto industry, helping readers navigate its complexities and seize opportunities.

    Outside of the crypto realm, Ronaldo enjoys indulging in other passions. As an avid sports fan, he finds joy in watching exhilarating sporting events, witnessing the triumphs and challenges of athletes pushing their limits. Furthermore, His passion for languages extends beyond mere communication; he aspires to master German, French, Italian, and Portuguese, in addition to his native Spanish. Recognizing the value of linguistic proficiency, Ronaldo aims to enhance his work prospects, personal relationships, and overall growth.

    However, Ronaldo’s aspirations extend far beyond language acquisition. He believes that the future of the crypto industry holds immense potential as a groundbreaking force in history. With unwavering conviction, he envisions a world where cryptocurrencies unlock financial freedom for all and become catalysts for societal development and growth. Ronaldo is determined to prepare himself for this transformative era, ensuring he is well-equipped to navigate the crypto landscape.

    Ronaldo also recognizes the importance of maintaining a healthy body and mind, regularly hitting the gym to stay physically fit. He immerses himself in books and podcasts that inspire him to become the best version of himself, constantly seeking new ways to expand his horizons and knowledge.

    With a genuine desire to become the best version of himself, Ronaldo is committed to continuous improvement. He sets personal goals, embraces challenges, and seeks opportunities for growth and self-reflection. Ultimately, combining his passion for cryptocurrencies, dedication to learning, and commitment to personal development, Ronaldo aims to go hand-in-hand with the exciting new era that the emerging crypto technology is bringing to the world and societies.

    [ad_2]

    Ronaldo Marquez

    Source link

  • Weakness In Major Cryptos: What Key Technical Metrics Indicate For Bitcoin, Ethereum, And Solana

    [ad_1]

    Despite a slight recovery in cryptocurrency prices on Wednesday, experts remain divided on the future direction of Bitcoin (BTC), Ethereum (ETH), and Solana (SOL). The market is at a crossroads, with some analysts anticipating a deeper correction, while others see the potential for a renewed recovery.

    iShares Bitcoin Trust ETF Hits 52-Week Low 

    According to a report from Barron’s, all three cryptocurrencies have attracted attention from major exchange-traded fund (ETF) issuers and President Trump’s administration, spurring hopes that increased institutional adoption could help stabilize volatility. 

    Related Reading

    The iShares Bitcoin Trust ETF is currently trading more than 20% below its recent 52-week high, which was reached less than a month ago. This peak coincided with the formation of a bearish evening star pattern, and the ETF experienced a notable decline of 3% on October 7. 

    The drop below the $70 mark has added to the bearish sentiment, with the ETF declining in three of the last four weeks, closing within the lower half of its trading range. 

    This week alone has seen an 8% drop, and the ETF recently undercut its 200-day simple moving average, marking a steep 5.5% decline—the largest single-day drop since April 7. 

    For investors to regain confidence, analysts assert that it is crucial for the ETF to hold near current levels and reclaim the 21-day exponential moving average (EMA), a key indicator of bullish momentum. Historically, recoveries have taken about six sessions, as seen back in April.

    Ethereum ETF Faces 17% Weekly Decline

    Ethereum, represented through the Grayscale Ethereum Trust ETF, has experienced a more pronounced decline, now down 34% from its annual peak and showing a negative year-to-date performance of 5%. This week alone, the ETF has dropped 17%, roughly double the decline seen in the Bitcoin Trust ETF. 

    However, the sharp pullback follows a significant increase of over 220% from early April to late August, making the current retreat appear both prudent and necessary. 

    Notably, the fund has not yet pierced its 200-day simple moving average, having touched it recently while retesting a breakout above a bullish inverse head-and-shoulders pattern. 

    The behavior of the ETF around this critical moving average in the coming week will be crucial; if stability can be achieved, it may present an attractive buying opportunity. After facing resistance at the $40 level on August 22, recent price action could be forming a double-bottom base, provided that the recent lows hold.

    Heightened Concerns For Solana

    Solana’s performance has been the most concerning, with its ETF plummeting 41% from its most recent 52-week high set in September. This heightened volatility may reflect the asset’s relative newness, as it began trading only in April. 

    Related Reading

    The Solana ETF peaked on September 18 and has since formed a bearish island reversal pattern. Over the past seven weeks, it has fallen in five of those, with three weeks recording double-digit declines. 

    This week alone, the ETF has dropped another 19% through just two trading sessions. On the daily chart, a break below the bearish head-and-shoulders pivot at $19 raises concerns of a potential measured move down to $12.

    Ultimately, the report suggests that a potential recovery for the trio would imply further inflows into these exchange-traded funds. This would also indicate a new wave of bullish sentiment returning to the market. 

    The daily chart shows BTC’s increased volatility seen over the past month. Source: BTCUSDT on TradingView.com

    At the time of writing, Bitcoin is trading at $104,190, marking a 3% surge over the past 24 hours. During the same time frame, ETH and SOL also recorded gains of 5% and 4%, respectively. 

    Featured image from DALL-E, chart from TradingView.com 

    [ad_2]

    Ronaldo Marquez

    Source link

  • $294K Gambled Away by Fraudulent Crypto Trader Using Investor Funds

    [ad_1]

    A 30-year-old crypto trader in Belarus has allegedly been using the funds of investors to gamble.

    The amount of investor money he has allegedly lost to gambling is over 1 million Belarusian rubles ($293,387).

    The police believe he has been presenting himself as a crypto expert and had been using telegram to lure in numerous victims.

    A criminal case has already been filed against him, where the unnamed man has had charges of a large fraud brought up against him.

    The investigation is still ongoing, meanwhile the Investigative Committee has continuously been searching for any additional victims.

    10 victims of the alleged fraud have stepped forward and spoken up.

    Victim After Victim

    The first client he had convinced to invest in crypto was a 37-year-old woman he had met on the internet in 2024.

    However the project had eventually turned out to be a scam and even though he had been kept to his word in the beginning the money was still gone,

    After that he had told the woman that if she invested further she would get her money back.

    However without realising she had actually been fueling his gambling.

    In order to cover up the continuously expanding debts, and realising that he would not be able to pay back the money, he approached another person online.

    This time, he had a 26-year-old convinced using the same scheme, whereby he would invest in crypto using the man’s money and would pay him back with interest.

    After interrogation, he admitted to authorities that he’d hoped to win big at the casino to pay the investors.

    He had at least 10 people scammed, where he would convince someone to invest in “crypto”, then gamble the money away or settle debts, which he would follow up with finding another person to convince.

    The man even had his girlfriend take out a car loan just so he could pay back some of the money he owed.

    Investigating authorities have revealed that in total he had had only 1 successful investment during the whole period.

    [ad_2]

    Tolga Ismetov

    Source link

  • Bitcoin ETF Fever Spreads: BlackRock Targets Australian Market Next

    [ad_1]

    BlackRock will list an iShares Bitcoin ETF on the Australian Securities Exchange in mid-November 2025, according to public filings and market reports.

    Related Reading

    The product will be a local wrapper around BlackRock’s US iShares Bitcoin Trust — a vehicle that launched in January 2024 and now manages about $85 billion.

    Based on reports, the new ASX ticker will charge a management fee of 0.39% per year.

    BlackRock Brings IBIT To ASX

    The move aims to give Australian investors an easier way to gain exposure to bitcoin through a familiar exchange-listed product.

    Reports have disclosed that investors who buy the ASX ETF will not hold bitcoin in a private wallet; they will have exposure through the ETF’s structure.

    That means price swings in bitcoin still apply. It also means custody and technical handling are managed by the fund rather than each investor.

    What Investors Should Know

    The fee of 0.39% is competitive when compared with many retail crypto services, but traders and long-term holders will want to check how closely the ETF tracks bitcoin’s price and what trading spreads look like on the ASX.

    According to filings, the ASX listing will use the US trust as the underlying asset, which raises questions about cross-market flows and the mechanics of how units are created and cancelled.

    Liquidity on the local exchange, and how market makers support the product, will shape how cheaply investors can enter and exit positions.

    Total crypto market cap currently at $3.37 trillion. Chart: TradingView

    Market Implications For Australia

    BlackRock’s entry could prompt other asset managers to list similar products in Australia. Based on reports, the launch follows a wave of spot bitcoin ETF approvals and listings in other markets since early 2024.

    For retail investors who avoided direct crypto custody, an ETF on the ASX removes some of the operational hurdles. But it does not remove market risk: bitcoin’s price can move sharply.

    Regulators in Australia have already been refining rules around crypto products, and the presence of a major global manager will put those rules under closer scrutiny.

    Competition And Risks

    Smaller providers offering bitcoin exposure through different structures may face tougher competition on fees and access.

    Reports have also highlighted potential downsides: an ETF wrapper can add a layer of cost and complexity, and investors may misunderstand the difference between owning the underlying asset and owning ETF units.

    Related Reading

    Custody arrangements, insurance, and how the trust sources and stores bitcoin are items that advisers and sophisticated buyers will examine.

    According to market watchers, the timing — mid-November 2025 — matters. Investor appetite, bitcoin’s price action and broader market sentiment around that time will affect how much money flows into the new ETF.

    For many Australians, this will be a new, regulated route into bitcoin exposure. For the market, it is another step toward mainstream channels where big asset managers compete for crypto assets on familiar ground.

    Featured image from Unsplash, chart from TradingView

    [ad_2]

    Christian Encila

    Source link

  • Crypto Meltdown Deepens: $90B Vanishes in an Hour as Traders Face $1.3B in Forced Liquidations

    [ad_1]

    The crypto market has entered one of its steepest sell-offs in months, erasing over $90 billion in market value within just one hour and triggering more than $1.3 billion in liquidations as leveraged positions were wiped out across exchanges.

    Related Reading: Rare Chart Formation That Led To An 87% XRP Price Crash Has Resurfaced

    Bitcoin (BTC) plummeted below $105,000, extending a sharp correction that began late last week, while major altcoins such as Ethereum (ETH), Solana (SOL), and XRP followed suit with double-digit losses.

    BTC's price trends to the downside on the daily chart. Source: BTCUSD on Tradingview

    Fed’s Hawkish Stance Sparks Risk-Off Panic

    The latest crash stems largely from renewed Federal Reserve hawkishness that reignited fears across global risk markets.

    Despite cutting rates by 25 basis points in October, Fed Chair Jerome Powell signaled that further rate cuts are not guaranteed, stressing that inflation remains “on the wrong path.” His remarks strengthened the U.S. dollar and sent shockwaves through speculative assets, including cryptocurrencies.

    Adding to the pressure, the U.S. Dollar Index (DXY) surged to over 100, its highest level since August. Analysts noted that the move triggered technical selling as Bitcoin lost its critical $110,000 and $106,000 support zones. Institutional investors began offloading positions through U.S. spot Bitcoin ETFs, amplifying the downtrend.

    Mass Liquidations Wipe Out Over 300,000 Traders

    According to data from CoinGlass, total liquidations exceeded $1.37 billion in 24 hours, with long positions accounting for nearly 90% of the total.

    Bitcoin led the way with over $396 million in liquidated assets, followed closely by Ethereum at $368 million. The largest single liquidation event occurred on HTX Exchange, where a $47.8 million BTC-USDT long position was closed out.

    The Crypto Fear and Greed Index has fallen to 21, deep in “Extreme Fear” territory. More than 327,000 traders have been wiped out in the past day, a figure reminiscent of the October 11 flash crash, when 1.6 million traders faced similar losses.

    Altcoins Bear the Brunt as Market Cap Sinks

    Altcoins faced heavier losses than Bitcoin amid thin liquidity and cascading sell orders. Solana (SOL) dropped below $160, down 8%, while Ethereum slipped 5% to $3,500. XRP and Cardano (ADA) also tumbled over 5.5%. The total crypto market cap has shrunk below $3.5 trillion, its lowest level since July.

    Related Reading: From Greed To Terror: Bitcoin’s Fall Below $104K Sparks Extreme Fear

    Market analysts see the correction as a “healthy reset” after months of aggressive rallies. However, if Bitcoin breaks below the $100,000 psychological support, experts warn of an additional 5–8% downside across the broader market. For now, traders are bracing for heightened volatility as the crypto storm intensifies.

    Cover image from ChatGPT, BTCUSD chart from Tradingview

    [ad_2]

    James Halver

    Source link

  • Aster Explodes After CZ Drops Bombshell: He Owns $2.5M Worth

    [ad_1]

    They say journalists never truly clock out. But for Christian, that’s not just a metaphor, it’s a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits take a more mechanical (and sometimes philosophical) turn.

    Christian’s journey with the written word began long before the age of Bitcoin. In the hallowed halls of academia, he honed his craft as a feature writer for his college paper. This early love for storytelling paved the way for a successful stint as an editor at a data engineering firm, where his first-month essay win funded a months-long supply of doggie and kitty treats – a testament to his dedication to his furry companions (more on that later).

    Christian then roamed the world of journalism, working at newspapers in Canada and even South Korea. He finally settled down at a local news giant in his hometown in the Philippines for a decade, becoming a total news junkie. But then, something new caught his eye: cryptocurrency. It was like a treasure hunt mixed with storytelling – right up his alley!

    So, he landed a killer gig at NewsBTC, where he’s one of the go-to guys for all things crypto. He breaks down this confusing stuff into bite-sized pieces, making it easy for anyone to understand (he salutes his management team for teaching him this skill).

    Think Christian’s all work and no play? Not a chance! When he’s not at his computer, you’ll find him indulging his passion for motorbikes. A true gearhead, Christian loves tinkering with his bike and savoring the joy of the open road on his 320-cc Yamaha R3. Once a speed demon who hit 120mph (a feat he vowed never to repeat), he now prefers leisurely rides along the coast, enjoying the wind in his thinning hair.

    Speaking of chill, Christian’s got a crew of furry friends waiting for him at home. Two cats and a dog. He swears cats are way smarter than dogs (sorry, Grizzly), but he adores them all anyway. Apparently, watching his pets just chillin’ helps him analyze and write meticulously formatted articles even better.

    Here’s the thing about this guy: He works a lot, but he keeps himself fueled by enough coffee to make it through the day – and some seriously delicious (Filipino) food. He says a delectable meal is the secret ingredient to a killer article. And after a long day of crypto crusading, he unwinds with some rum (mixed with milk) while watching slapstick movies.

    Looking ahead, Christian sees a bright future with NewsBTC. He says he sees himself privileged to be part of an awesome organization, sharing his expertise and passion with a community he values, and fellow editors – and bosses – he deeply respects.

    So, the next time you tread into the world of cryptocurrency, remember the man behind the words – the crypto crusader, the grease monkey, and the feline philosopher, all rolled into one.

    [ad_2]

    Christian Encila

    Source link

  • Canadian stablecoins push ahead amid growing regulatory calls – MoneySense

    [ad_1]

    There have been increasing calls to simplify the rules to make it easier to launch Canadian-dollar linked stablecoins, and stem the potential outflow of capital from the country. “At a minimum, from a sovereignty perspective, Canadians should want a Canadian stablecoin,” said Didier Lavallée, chief executive of digital assets company Tetra Digital Group.

    U.S. stablecoin dominance puts pressure on Canada

    Concerns have risen since the United States passed legislation this past summer that establishes clear rules around the sector, and further entrenched U.S.-dollar dominance in the space that touts faster and cheaper money transfers.

    Because stablecoins are meant to reflect the value of conventional currencies, issuers need to buy hard assets like dollars to back them up. No Canadian-dollar pegged stablecoins means more money flowing out of Canada, and into U.S. dollars and U.S. government bonds. 

    “Canada should also weigh the merits of federal stablecoin regulation,” said Ron Morrow, executive director of payments at the Bank of Canada, in a September speech.

    His former colleague Timothy Lane, who stepped down as deputy governor in 2022, was a little more blunt in an October report for the Global Risk Institute. “Stablecoins are becoming too important to be ignored,” said Lane. “There is now an increasing sense of urgency about establishing a coherent framework for regulating stablecoins in Canada.”

    Peter Routledge, head of Canada’s banking regulator, has also said he’s worried about the fast moving space and will be watching the budget closely on Nov. 4, while John Ruffolo, managing partner at Maverix Private Equity, has been one of the most outspoken in the need to respond.

    One of Ruffolo’s biggest worries is that some people and businesses could start to leave money in the stablecoin sphere, rather than in bank deposits. That’s already how stablecoins first gained traction: as a stable place for crypto-traders to park money between bets, without having to exchange it back into conventional currencies.

    Given banks use deposits as an anchor for lending, he’s warned that even if 5% of Canadian bank deposits, or some $135 billion, went into U.S. stablecoins, it would have a knock-on effect of erasing as much as $675 billion in domestic lending capacity.

    Article Continues Below Advertisement


    Private sector leads Canada’s stablecoin push

    The rising calls have increased expectations of some movement from the federal government, but given how slowly past promises like open banking have actually rolled out, some companies like Tetra aren’t waiting around for change before pushing ahead with their own stablecoins. “Financial innovation in this country takes quite a long time,” said Lavallée.

    Because Tetra is already registered as a Canadian trust company, Lavallée sees an easier road than others to getting regulatory approval through the current system. Tetra’s efforts have also had a boost from major backers like Wealthsimple, National Bank, ATB Financial, and Shopify, which chipped in on a $10 million financing to help ready a stablecoin for release aimed at early next year. 

    The best crypto platforms and apps

    We’ve ranked the best crypto exchanges in Canada.

    Elsewhere, Transactix Financial Inc. announced plans in May to move forward on its own token, and just last week Loon Technology Inc. announced it had raised $3 million to get its own Canadian-dollar stablecoin going.

    The companies are all working to navigate an existing system that some, at least, aren’t so concerned about. “I think it’s working well,” said Grant Vingoe, head of the Ontario Securities Commission that’s taken a lead role in stablecoin oversight.

    Uptake and impact of stablecoins still unclear

    While the U.S. has used legislation, Canada’s approach to working with each issuer is more adaptable in the fast-moving crypto space, he said. “There’s a lot to be said for a more tailored, direct engagement approach, where you express your concerns and requirements … rather than try and codify it once and for all.”

    So far that approach has yielded a single issuer, Circle, getting the blessing of regulators for its U.S. dollar-pegged stablecoin. 

    But Vingoe is also still skeptical about how much uptake there will actually be for stablecoins. “I think it’s still an open question whether stablecoins will be used extensively as a payment mechanism.” Improvements to the existing payment system could end up being better or more efficient, he said.

    Some have pointed to central banks possibly issuing their own digital currencies, though the Bank of Canada has shelved work on such efforts.

    [ad_2]

    The Canadian Press

    Source link

  • Donald Trump faces scrutiny over pardon admission

    [ad_1]

    President Donald Trump has garnered scrutiny on social media after he said he did not know Changpeng Zhao, the cryptocurrency billionaire he pardoned last month.

    When asked in an interview with CBS News’ 60 Minutes why he had pardoned Zhao, who pleaded guilty to enabling money laundering in 2023, the president said, “I don’t know who he is.”

    Newsweek contacted the White House for comment by email outside normal business hours.

    Why It Matters

    Trump’s October pardon of Zhao, who founded the cryptocurrency exchange Binance, was the latest instance of the president using his constitutional powers to intervene in legal cases.

    The president’s supporters believe his pardons help people who they say have been treated unfairly by the legal system, while his critics accuse him of extending the boundaries of his power, undermining the legitimacy of the justice system and using pardons to help his political allies. Trump’s comment that he does not know Zhao will likely raise further questions about the care with which he issues pardons.

    What To Know

    In November 2023, Zhao pleaded guilty to federal charges and resigned from Binance after the Biden administration’s Justice Department found that the company’s platform failed to stop criminals from using it to move money connected to child sex abuse, drug trafficking and terrorism.

    He was sentenced to four months in prison in April 2024 and released on September 27, 2024.

    Though Trump pardon Zhao last month, when CBS’s Norah O’Donnell asked him on Sunday why he did so, he said: “OK, are you ready? I don’t know who he is. I know he got a four-month sentence or something like that. And I heard it was a Biden witch hunt. And what I wanna do is see crypto, ’cause if we don’t do it it’s gonna go to China, it’s gonna go to—this is no different to me than AI.

    “My sons are involved in crypto much more than I—me. I know very little about it, other than one thing. It’s a huge industry. And if we’re not gonna be the head of it, China, Japan, or someplace else is. So I am behind it 100 percent. This man was, in my opinion, from what I was told, this is, you know, a four-month sentence.

    “But this man was treated really badly by the Biden administration. And he was given a jail term. He’s highly respected. He’s a very successful guy. They sent him to jail and they really set him up. That’s my opinion. I was told about it.”

    Call to Activism, a progressive X account with over 1 million followers, wrote on the platform, “Is Trump lying or is he just a f***ing moron?”

    Harry Sisson, a Democratic activist wrote on X, “Donald Trump pardoning someone who he doesn’t know for reasons he doesn’t know is the real scandal.”

    What People Are Saying

    White House press secretary Karoline Leavitt previously told Newsweek: “In their desire to punish the cryptocurrency industry, the Biden Administration pursued Mr. Zhao despite no allegations of fraud or identifiable victims.”

    President Donald Trump told reporters while commenting on Changpeng Zhao’s pardon: “Let me just tell you that he was somebody that, as I was told—I don’t know him. I don’t believe I’ve ever met him. … He had a lot of support, and they said that what he did is not even a crime. It wasn’t a crime, that he was persecuted by the Biden administration. And so I gave him a pardon at the request of a lot of very good people.”

    Zhao wrote on X following his pardon: “Deeply grateful for today’s pardon and to President Trump for upholding America’s commitment to fairness, innovation, and justice. Will do everything we can to help make America the Capital of Crypto and advance web3 worldwide.”

    What Happens Next

    The topic of presidential pardons is likely to remain in the spotlight as Attorney General Pam Bondi said last week that the Justice Department was reviewing former President Joe Biden’s alleged use of autopens to sign pardons during his presidency.

    [ad_2]

    Source link

  • XRP’s Next Earthquake: Billions Set To Flow In, ‘Supply Shock’ Coming—Analyst

    [ad_1]

    According to reports, Evernorth — a Ripple-backed treasury firm — has agreed to merge with Armada Acquisition Corp II and plans to list under the XRPN ticker.

    The SPAC deal aims to raise $1 billion to build what Evernorth calls a large XRP treasury. Ripple and co-founder Chris Larsen contributed XRP to the project.

    Nine days after the SPAC announcement, reports said Evernorth had already received $1 billion worth of XRP. The merger is targeted to close in Q1 2026.

    On Contributions & Cash Buying

    Because the early inputs were paid in XRP rather than cash, immediate upward pressure on exchange order books did not happen.

    Market purchases require fiat or cash to be placed into public markets. SBI’s announced $300 million cash pledge is one example of money that could be used to buy XRP outright.

    But so far most of the headline amounts are XRP moved into a treasury, not fresh cash hitting exchanges.

    Analyst Signals Incoming ‘Shock’

    Vincent Van Code, a software engineer and active voice in the XRP community, told followers on X that the bigger event may still be ahead.

    He said the IPO itself could bring billions in new cash. If those funds are later used to buy XRP on the open market, he warned, existing supply could tighten and a “supply shock” might follow.

    Van Code did not offer a fixed timetable. Other commentators, including a market voice known as Nietzbux, have already framed the development as strongly bullish for XRP.

    Why The Timing Matters

    Based on reports, the sequence is what could change prices: cash raised first, then purchases on public markets. If that order is reversed — cash arrives and large buys follow quickly — liquidity could be tested.

    Exchanges have varying depth. A single large buyer can move prices more in thin markets than in thick ones. That is simple market mechanics. It is also why some community members are watching the SPAC schedule closely.

    XRP’s Role And The Broader Narrative

    A number of developers and analysts now speak of XRP not only as a payment bridge but also as a treasury asset inside the XRPL ecosystem.

    Van Code suggested that a time may come when people keep a big share of their wealth in XRP and on the XRP Ledger.

    Ripple’s CTO David Schwartz has emphasized similar ideas about self-custody and on-ledger utility. Those themes are being reused as part of the argument for long-term demand.

    Featured image from Gemini, chart from TradingView

    [ad_2]

    Christian Encila

    Source link

  • Dogecoin RSI Returns To Pre-Launch Levels, Analyst Says Next Major Surge Is Close

    [ad_1]

    Dogecoin’s latest two-week chart analysis suggests the cryptocurrency could be gearing up for a new explosive rally. According to trader and market analyst Trader Tardigrade, the Relative Strength Index (RSI) for Dogecoin has settled at levels similar to those seen before price rallies in the past two years or so. 

    This technical observation is based on Dogecoin’s steady uptrend along a long-standing support line since 2023 and points to its price action currently being in a possible early stage of accumulation before another leg upward.

    Related Reading

    Dogecoin RSI Now Showing Pre-Breakout Signals

    The RSI is an indicator that has consistently aligned with Dogecoin’s strongest rallies in this cycle. According to the current 2-week candlestick setup shared by Trader Tardigrade, the RSI is currently trading stable within the same low range that has preceded Dogecoin’s previous upward rises since 2023. 

    Each of the three major RSI dips, as shown on the price chart below, has coincided with price retests of the red ascending trendline. This event is notable because the first two dips were followed by significant upward movements in the Dogecoin price. Right now, the present RSI position is at its third dip, and it can be inferred that the meme coin may once again be approaching a launch point similar to those that led to past price surges.

    The long-term support trendline drawn from mid-2023 has acted as a reliable price base for Dogecoin’s recovery cycles. Price action has tested this line multiple times without breaking below it, and this has led to the creation of higher highs and higher lows. 

    Dogecoin 2W Candlestick Price Chart. Source: Trader Tardigrade On X

    Although Dogecoin broke below the trendline in the middle of October, this breakdown was very brief with a long wick. Based on Dogecoin’s price action in October, the most recent interaction with this trendline is just above $0.17. This latest interaction has been highlighted with stability above this price level, and this is another early sign of technical strength.

    DOGEUSD currently trading at $0.18. Chart: TradingView

    What To Expect If The Pattern Holds

    If this recurring structure between RSI and price maintains its consistency, Dogecoin could be about to embark on its third notable bullish run since early 2024. The most possible scenario is another rally that plays out over multiple weeks, as seen in the past two rallies.

    The last rally saw the Dogecoin price just around $0.5 in December 2024. Therefore, another rally from this point will see the creation of another higher high above $0.5 at least. The projection within the analyst’s chart, which is based on how the last rally plays out, points to a target around $0.8.

    At the time of writing, Dogecoin is trading at $0.1877, up by 0.5% in the past 24 hours. Reaching $0.8 will translate to new all-time highs and a 228% increase from the current price level. 

    Related Reading

    As long as the RSI holds its current base and the price stays above the ascending support, the sentiment surrounding Dogecoin may gradually shift from consolidation to rally alongside the rest of the crypto market.

    Featured image from Unsplash, chart from TradingView

    [ad_2]

    Scott Matherson

    Source link

  • Dogecoin Flashback: Mirror Move Hints At Record-Breaking Surge

    [ad_1]

    According to analyst Trader Tadrigrade, Dogecoin has been moving inside a long-running symmetrical triangle that echoes a setup seen in 2016–2017. Based on reports, the analyst used a two-month chart to compare current price action with the buildup that preceded a breakout in March 2017.

    Back then, DOGE climbed from about $0.0003 to $0.0194 by January 2018, a rally of 7%. Traders pointing to that episode say the current narrowing range looks familiar and could set the stage for a notable move.

    Market Moves This Month

    DOGE is trading at around $0.18 at the time of writing after a 20% drop so far this October. That decline contrasts with recent Octobers: a 40% rise in October 2024, a 10% gain in October 2023, and a 100% jump in October 2022.

    Prices have been compressing inside the triangle since late 2024, and the tighter range has increased talk among chart watchers that a breakout may be near.

    Targets After A Breakout

    Analysts who favor the pattern point to a first target near $3.90, which would represent about a 2,000% gain from current levels if reached. Other, much bolder projections are also being shared.

    One chart shown by bulls extends toward $48 — a 26,500% rise — which, if circulating supply stayed near 151 billion tokens, would imply a market value near $7 trillion. That number would dwarf most global asset classes and is widely seen as highly unlikely.

    Reports have also referenced an $18 forecast last month, a level that would make many holders wealthy if it materialized, but it remains a long shot.


    Technical Patterns Versus Broader Forces

    Pattern recognition can offer a clear rule for traders, but charts do not capture everything that drives price. Liquidity levels, investor interest, moves in Bitcoin, and shifts in social attention all affect how far any rally can run.

    For a multi-thousand percent surge to happen, sustained buying and extended public attention would be required. At present, the view rests primarily on a visual similarity between past and present setups rather than on independent signals that a major rally is guaranteed.

    Featured image from Pexels, chart from TradingView

    [ad_2]

    Christian Encila

    Source link

  • Crypto investors lose billions in biggest-ever liquidation event – MoneySense

    [ad_1]

    As noted in the previous edition of this column, Bitcoin’s (BTC) strongest months have historically been October and November—up an average of 21.89% and 46.02%, respectively. In keeping with this promise, the crypto market started October strong as BTC ran up from about $114,000 (all figures in U.S. dollars unless otherwise specified) on October 1 to a new high of over $126,000 on October 7. Ethereum (ETH), XRP, Solana (SOL), Binance Coin (BNB), and other altcoins also saw impressive runaway gains in the first week of October.

    But optimism was quickly, if only temporarily, sucked out of the crypto market as BTC, ETH, and other crypto prices saw a sharp decline from the 10th to the 17th of October before stabilizing. 

    As of 28th October, BTC is trading flat, between $113,000 and $115,000—close to the price it was at the beginning of the month.

    The chart below shows the ups and downs of the crypto market over the past month, as represented by the Coinmarkcap (CMC) 20 Index, an index of the top 20 cryptocurrencies by market capitalization, excluding stablecoins.

    Source: Coinmarketcap.com as of Oct. 28, 2025

    Crypto’s biggest-ever liquidation event—$19.16 billion lost

    In a 24-hour period from October 10 to 11, the cryptocurrency market experienced the biggest liquidation event in its history, triggered by Trump’s announcement of a possible 100% tariff on China, in addition to certain export controls.

    A “liquidation event” is a short span of time in which traders are forced to close their leveraged crypto positions because of a sharp and sudden fall in prices. 

    On October 10–11, a sharp fall in prices forced traders with leveraged long positions in crypto assets to be liquidated because the market went against their bet. These liquidations caused the market to fall further, which, in-turn, triggered additional liquidations in a cascading effect. Here’s how bad it was:

    • Over $19 billion of leveraged positions in the crypto market were liquidated
    • Of that $19 billion, approximately $16.7 billion were long positions—bets that the market would move higher
    • An estimated 1.6 million traders were were liquidated across crypto exchanges and platforms

    During the fall in prices from October 7 to 17, BTC fell over 17% (from about $126,000 to just over $104,000) and ETH fell over 21% (from about $4,700 to about $3,700)

    For historical context, here are the five largest liquidation events in crypto market history, according to coinglass.com

    Article Continues Below Advertisement


    Ranking When Liquidation value Liquidated traders
    1 October 2025 $19.16 billion 1.63 million
    2 April 2021 $9.94 billion 1.03 million
    3 May 2021 $9.01 billion 838,000
    4 February 2021 $4.1 billion 427,000
    5 September 2021 $3.65 billion 371,000
    Source: Data from coinglass.com as of Oct. 28, 2025

    Should the liquidation scare you?

    Was the October liquidation event a long-term buying opportunity or a sign of more turbulence to come? There’s no way to know for sure, but here is one way to answer the question: 

    • Short term investors who were hoping for a bumper end-of-year rally may do well to be cautious because they don’t have time on their side to ride the ups and downs of the market without selling their positions in a panic. 
    • For long-term investors who believe that the price of BTC could reach $500,000 to $1,000,000 over the coming five to 10 years, the drop to $104,000 certainly seems like a good opportunity to buy the dip.

    Canadian crypto exchange is fined $177 Canadian dollars by FINTRAC.

    If you’re a crypto investor in Canada or are thinking about dipping your toes in the market, it pays to choose your crypto exchange carefully so you’re not being taken advantage of, falling prey to a scam, or supporting a company involved in illegal activity. 

    Canadian crypto exchange Cryptomus was fined a whopping CAD$177 million by the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC). FINTRAC found over a thousand instances where Cryptomus did not adequately report transactions and crypto wallets with ties to serious criminal activity. While the crypto market is a lot more mature and well regulated than it was just five years ago, it unfortunately remains a hotbed of financial scams and other criminal activity.

    To protect themselves and to promote the use of crypto in Canada for legal purposes, Canadian crypto investors should know that crypto exchanges in Canada are regulated by the Canadian Securities Administrators (CSA), the regulatory body responsible for harmonizing securities regulation across the thirteen provinces and territories. 

    On its website, the CSA provides a list of crypto platforms authorized to do business with Canadians and those banned in Canada. Canadian crypto investors would be well advised to go through both lists before they decide which platform to use.

    The best crypto platforms and apps

    We’ve ranked the best crypto exchanges in Canada.

    Crypto price swings are common

    Cryptocurrencies including BTC, ETH, XRP, SOL, BNB and others are speculative and highly volatile assets subject to significant price movements. Even stablecoins, which are seemingly “safe,” may be risky if not adequately backed by real-world assets.

    Investing in bitcoin and other crypto coins carries significant market, technological, and regulatory risks. Invest in crypto only if it aligns with your broader investment goals, time horizon, and risk profile, and always stay vigilant about crypto scams.

    Get free MoneySense financial tips, news & advice in your inbox.

    Read more about crypto:



    About Aditya Nain


    About Aditya Nain

    Aditya Nain is an author, speaker and educator who writes about Canadian investments, personal finance and crypto. He has co-authored two books and taught at universities for 12 years.

    [ad_2]

    Aditya Nain

    Source link

  • Bitcoin Price Plunges as Crypto Traders Get Nervous About Future

    [ad_1]

    Bitcoin plunged over 4% on Thursday, falling as low as $106,290, as crypto traders reacted to signals from both the Federal Reserve and President Donald Trump. In short, crypto world seems nervous about the future.

    Bitcoin hit a record high of $125,245 on Oct. 5, prompting many crypto optimists to make wild predictions that it could just continue to go up forever. But that line of thinking hasn’t worked out in recent weeks, especially after a flash crash two weeks ago that wiped out billions.

    The Federal Reserve announced interest rate cuts Wednesday, setting the benchmark short term rate between 3.75% and 4%, which the Wall Street Journal notes is the lowest in three years. That’s exactly what President Donald Trump had been asking for, as he’s pestered Powell to lower interest rates ever since the president’s second term started back in January.

    Traders liked the cuts, but Federal Reserve chair Jerome Powell made some on Wall Street uneasy when he signaled that another rate cut was no guarantee when the Fed met again in December. “Far from it,” Powell said.

    President Trump’s meeting with Chinese leader Xi Jinping also weighed on crypto sentiment Thursday. Trump announced that tariffs on goods coming to the U.S. from China would be lowered, but they’re coming down just 10% from 57% to 47%.

    Trump has been seen by the crypto community as a positive force, making radical changes that have included scrapping the National Cryptocurrency Enforcement Team (NCET) at the Department of Justice which investigates crypto-related crimes. Typically, any market with honest brokers likes to have a cop on the beat to keep things fair and catch bad actors. But Trump is operating from a different perspective, allowing bad actors to flourish under an operating theory that might be known as “who gives a fuck, get yours.”

    Trump has also pardoned high-profile people convicted of crypto-related crimes, including Silk Road founder Ross Ulbricht and most recently Binance founder Changpeng Zhao. While Zhao had already served his prison sentence, the pardon means that he probably won’t need to pay the $50 million he owes in restitution.

    Bitcoin’s price has recovered somewhat since its low for the day, bouncing back to $107,900 at the time of this writing. But that’s still down over 5% from where it was a month ago. Compared over a longer period of time, it certainly looks better. A year ago, bitcoin was trading at $68,500, a period just before the 2024 presidential election.

    Other cryptocurrencies also plunged Thursday, with Ethereum down 4.3%, BNB down 4%, XRP down 6.7%, and Solana  down 6.3%.

    [ad_2]

    Matt Novak

    Source link

  • Bitcoin Poised For New Run Beyond $125,000? Nasdaq’s Record Recalls 2021 BTC Pattern

    [ad_1]

    The second part of the year has seen a notable surge in the US stock market, while Bitcoin (BTC) and the broader cryptocurrency market has faced its share of uncertainty and significant corrections. 

    With the Nasdaq recently surpassing the 26,000 mark, leading analysts are now suggesting that this milestone could be a clear indicator for Bitcoin to finish the year at new highs.

    What Historical Patterns Indicate

    According to experts at The Bull Theory, the pattern observed with the Nasdaq reaching all-time highs typically suggests a flow of liquidity, an increased risk appetite, and a shift of capital into growth assets. As this phase develops, it often sets the stage for Bitcoin’s next significant movement.

    Related Reading

    Data compiled by the analysts supports this assertion. Historically, in the first 30 days following a Nasdaq all-time high, Bitcoin has averaged a gain of approximately 7%. This return tends to grow, reaching about 14% within 60 days and climbing to an average of 25% by the 90-day mark. 

    The daily chart shows BTC’s price volatility. Source: BTCUSDT on TradingView.com

    This pattern is not merely coincidental; it reflects a capital rotation where liquidity does not disappear but instead shifts from traditional markets into higher-risk assets like Bitcoin. 

    The current situation appears to follow a similar trajectory. The Nasdaq’s rise to 26,000 indicates a wave of liquidity building beneath the surface. With rate cuts beginning and quantitative tightening coming to an end, global capital is once again seeking yield. 

    This scenario mirrors the conditions that contributed to Bitcoin’s significant breakouts in previous years, particularly in 2017, 2020, and 2023.

    As such, the analysts note that the next four to five months may represent an acceleration phase for Bitcoin, coinciding with a potential pause in equities, which could lead to crypto becoming the primary outlet for liquidity. 

    Bitcoin Poised For Breakout Similar To 2020-2021 Cycle

    Analysts like Ash Crypto also noted on social media that the BTC/NASDAQ weekly chart is revealing a repeating pattern reminiscent of the 2020-2021 cycle, during which Bitcoin significantly outperformed traditional tech stocks. In both cycles, the October to March timeframe has historically prompted major upward movements. 

    Related Reading

    After a period of consolidation within a rising wedge, the BTC/NASDAQ pair appears poised for another breakout. Should this pattern repeat, Bitcoin may see substantial gains compared to the Nasdaq in the fourth quarter and into early 2026, Ash Crypto noted. 

    Bitcoin
    BTC/NASDAQ weekly chart showing similar bullish pattern to previous cycles. Source: Ash Crypto on X

    Notably, this sets the stage for a major rally that could see Bitcoin prices surpassing current records of over $126,000. However, the market is still characterized by increased volatility, and there is no clear path ahead for BTC.

    The leading cryptocurrency is trading at $113,350 after a 2% correction in Tuesday’s trading session, following an initial surge above $115,000. This puts BTC 6.5% below record highs. 

    Featured image from DALL-E, chart from TradingView.com 

    [ad_2]

    Ronaldo Marquez

    Source link

  • The Next Chapter For Crypto: Legislative Clarity, Institutional Support Set Stage For Major Growth

    [ad_1]

    The crypto market, despite experiencing throughout the year major price fluctuations, security incidents, and legal hurdles, has experienced remarkable growth.

    This can be attributed to the expansion of digital asset treasuries (DATs), increased institutional adoption, and new initiatives aimed at integrating digital assets, particularly stablecoins, into traditional financial sectors.

    Andreessen Horowitz (a16z) recently shared their projections for the crypto landscape for the remainder of the year and years to come, highlighting nine key trends expected to be major catalysts for the industry.

    Key Legislative Changes And Institutional Adoption 

    Firstly, market structure legislation in the US is expected to emerge as a critical priority for policymakers and Congress, establishing a clear regulatory framework that supports crypto developers. 

    The passage of the GENIUS Act in July of this year also marked a pivotal moment, garnering bipartisan support and providing builders with much-needed certainty in their endeavors.

    Related Reading

    Secondly, the adoption of stablecoins is set to accelerate as network effects take hold among financial institutions, merchants, and consumers, thereby enhancing the global standing of the US dollar.

    Furthermore, major players like JPMorgan, Citi, BlackRock, and Fidelity are amplifying their crypto offerings through new product launches, partnerships, and acquisitions. 

    The infrastructure supporting blockchain technology is also advancing rapidly. Current networks can process over 3,400 transactions per second, marking a 100-fold increase over the past five years.

    Moreover, a new wave of real-world assets (RWAs) is transitioning onto the blockchain as the worlds of crypto and traditional finance converge. The market for tokenized real-world assets has expanded to nearly $30 billion, with significant contributions from Treasuries, money market funds, and private credit.

    The Future Of Crypto

    In parallel, the crypto sector is attracting a growing pool of talent, driven by a more favorable regulatory environment and the emergence of new opportunities for developers.

    The focus on revenue generation is also shifting within the token ecosystem. More tokens are implementing fee mechanisms, redirecting attention toward fundamental value. In the past year, users have paid $33 billion in fees, resulting in $18 billion for projects and $4 billion for token holders. 

    Related Reading

    Innovative consumer products are also expected to drive the next wave of crypto adoption. Although approximately 716 million people now own cryptocurrency, only 40 to 70 million are considered active users. 

    Ultimately, 2025 is poised to lay the groundwork and establish the foundations for the years to come. It is expected to be a transformative year for the crypto industry, characterized by widespread institutional adoption, regulatory clarity, and tangible utility. 

    The daily chart shows the total crypto market cap valuation at $3.8 trillion. Source: TOTAL on TradingView.com

    Featured image from DALL-E, chart from TradingView.com

    [ad_2]

    Ronaldo Marquez

    Source link

  • Ethereum Whales Start Buying Back: 218K ETH Added In A Week After October Dump

    [ad_1]

    Ethereum’s largest non-exchange holders are tiptoeing back into accumulation. On-chain analytics platform Santiment reported that wallets holding between 100 and 10,000 ETH, also known as whales and sharks, have begun to rebuild positions after unloading roughly 1.36 million ETH between October 5 and 16. 

    Notably, the Ethereum collective holdings chart shows that nearly one-sixth of those coins have already been clawed back, as some confidence starts to return to the second-largest crypto asset.

    Related Reading

    Whales Reverse Course After Early-October Capitulation

    The first half of October was highlighted by one of Ethereum’s most pronounced periods of capitulation this year. Macroeconomic fears due to US tariffs saw the Bitcoin price undergo a flash crash that dragged many altcoins to the downside. During this move, Ethereum’s price also fell very quickly, dropping from highs around $4,740 on October 7 to as low as $3,680 on October 11. 

    Interestingly, on-chain data shows that the selling pressure from large holders amplified this move, as the chart from Santiment shows a steep decline in their cumulative holdings from about 24.5 million ETH to roughly 22.6 million ETH. This 1.9 million ETH drop reflected clear risk-off behavior among whales and sharks, who had been net buyers since August.

    However, once selling momentum began to fade, accumulation started to return. Institutional inflows started to return into Spot Ethereum ETFs, and whale/shark trades started accumulating Ethereum. Since October 16, the same cohort that contributed to the liquidation has begun adding back to their positions. Santiment noted that these holders are finally showing some signs of confidence, demonstrating an incoming extended recovery phase following the shakeout.

    ETHUSD now trading at $3,953. Chart: TradingView

    218,470 ETH Added In Last 7 Days

    According to Santiment’s data, the collective holdings of addresses with 100 to 10,000 ETH have rebounded to approximately 23.05 million ETH after bottoming out in mid-October. A highlighted annotation on the chart shows that 218,470 ETH were accumulated in just the past week, signaling a tangible shift in on-chain behavior. 

    Ethereum collective holdings of wallets holding 100-10,000 ETH. Source: Santiment

    This increase represents roughly one-sixth of the coins previously dumped, a sign that major investors are gradually re-entering the market after what appeared to be an exhaustion phase. Similar accumulation trends have often preceded a broader recovery in Ethereum’s price, especially when accompanied by stabilization in the ETH/BTC trading pair.

    As it stands, the Ethereum price appears to be building a firmer base for the next phase of its recovery heading into November. When whale wallets accumulate, it reduces the circulating supply available on exchanges and reduces selling pressure.

    Related Reading

    At the time of writing, Ethereum is trading at $3,940 and is on track to break and close above $4,000 again. Both Ethereum and Bitcoin have risen a bit in recent days after inflation report showed US inflation cooling to 3% in September, below the 3.1% forecasted by economists. 

    Featured image from Unsplash, chart from TradingView

    [ad_2]

    Scott Matherson

    Source link

  • The Ape Pivot Has Arrived

    [ad_1]

    Would you like to fully immerse yourself in the digital world of the Bored Ape Yacht Club?

    [ad_2]

    Mike Pearl

    Source link

  • ‘Money Will Pour In’ – CEO Predicts Bitcoin Will Explode To $180K

    [ad_1]

    They say journalists never truly clock out. But for Christian, that’s not just a metaphor, it’s a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits take a more mechanical (and sometimes philosophical) turn.

    Christian’s journey with the written word began long before the age of Bitcoin. In the hallowed halls of academia, he honed his craft as a feature writer for his college paper. This early love for storytelling paved the way for a successful stint as an editor at a data engineering firm, where his first-month essay win funded a months-long supply of doggie and kitty treats – a testament to his dedication to his furry companions (more on that later).

    Christian then roamed the world of journalism, working at newspapers in Canada and even South Korea. He finally settled down at a local news giant in his hometown in the Philippines for a decade, becoming a total news junkie. But then, something new caught his eye: cryptocurrency. It was like a treasure hunt mixed with storytelling – right up his alley!

    So, he landed a killer gig at NewsBTC, where he’s one of the go-to guys for all things crypto. He breaks down this confusing stuff into bite-sized pieces, making it easy for anyone to understand (he salutes his management team for teaching him this skill).

    Think Christian’s all work and no play? Not a chance! When he’s not at his computer, you’ll find him indulging his passion for motorbikes. A true gearhead, Christian loves tinkering with his bike and savoring the joy of the open road on his 320-cc Yamaha R3. Once a speed demon who hit 120mph (a feat he vowed never to repeat), he now prefers leisurely rides along the coast, enjoying the wind in his thinning hair.

    Speaking of chill, Christian’s got a crew of furry friends waiting for him at home. Two cats and a dog. He swears cats are way smarter than dogs (sorry, Grizzly), but he adores them all anyway. Apparently, watching his pets just chillin’ helps him analyze and write meticulously formatted articles even better.

    Here’s the thing about this guy: He works a lot, but he keeps himself fueled by enough coffee to make it through the day – and some seriously delicious (Filipino) food. He says a delectable meal is the secret ingredient to a killer article. And after a long day of crypto crusading, he unwinds with some rum (mixed with milk) while watching slapstick movies.

    Looking ahead, Christian sees a bright future with NewsBTC. He says he sees himself privileged to be part of an awesome organization, sharing his expertise and passion with a community he values, and fellow editors – and bosses – he deeply respects.

    So, the next time you tread into the world of cryptocurrency, remember the man behind the words – the crypto crusader, the grease monkey, and the feline philosopher, all rolled into one.

    [ad_2]

    Christian Encila

    Source link

  • Ethereum Whales Quietly Accumulate As Stablecoin Usage Skyrockets 400%

    [ad_1]

    Reports have disclosed a 400% rise in stablecoin transfers on Ethereum over the last 30 days, pushing total transfer volume to $581 billion and more than 12.5 million transfers, according to Token Terminal.

    Related Reading

    The stablecoin market cap on Ethereum now tops $163 billion. At the same time, Ethereum has fallen about 4.50% in the past week, and briefly tested support near $3,738, which some traders called a buying opportunity.

    Whales Step In With Large Buys

    On-chain trackers show heavy buying from large holders. A newly created wallet, 0x86Ed, spent $32 million to pick up 8,491 ETH in roughly three hours, based on Arkham Intelligence records.

    ETHUSD currently trading at $3,987. Chart: TradingView

    Another high-profile account monitored by LookOnChain moved 284K USDC into Hyperliquid after recent liquidations, apparently to maintain long exposure to ETH.

    Reports say October’s stablecoin transaction volume on Ethereum passed $1.91 trillion for the second time on record, a sign that big flows are still moving through the network.

    Institutions Are Increasing Exposure

    CryptoQuant and exchange data point to a rise in institutional interest. CME futures open interest for ETH has climbed, suggesting larger players are setting positions ahead of a potential price move.

    Fundstrat’s Tom Lee was cited saying ETH could head toward $5,000 if the ETH/BTC ratio clears the 0.087 resistance. Matt Sheffield, CIO at Sharplink Gaming, told analysts that past liquidations did not stop real use and that the scale of payments on legacy systems — SWIFT processes about $150T a year — shows how much room exists for stablecoins to grow on Ethereum.

    Technical Setups Show Clear Levels To Watch

    Technical analysis experts have noted a confluence of indicators near today’s prices. Currently, ETH is trading near $3887, just above the significant Fibonacci retracement of 0.618 at $3781.

    The 0.786 retracement is near $3,640 with the level of formal invalidation set at $3443. Some technicians have pointed to a triple bottom trading pattern around $3600, as well as the potential for a new accumulation reading from a Wycoff re-accumulation pattern which could lead to higher targets (notably $5125 at the 1.618 extension.

    Related Reading

    Balance Between Flow And Risk

    In sum, with heavy stablecoin flow, whale buying, and increasing interest in futures, this has created a basis for bullish calls into the $5000 range.

    That said, chart patterns fail, on-chain movements may not lead to changes in price, and traders who remain cognizant of the ETH/BTC ratio, the invalidation line at $3443, and whether large transactions are transferring or being used for longer-term custody, may get more clarity in the coming sessions.

    Featured image from Motion Island, chart from TradingView

    [ad_2]

    Christian Encila

    Source link

  • Bitcoin Price Update: Key Drivers That May Keep The Bull Run Alive Until Q2 2026

    [ad_1]

    The Bitcoin price has recently experienced a significant uptick in volatility, positively impacting its performance as it recovered to $110,000 after opening the week at $107,000. 

    Despite this, Bitcoin’s struggle to maintain momentum near all-time high levels, combined with increasing selling pressure over the past month, has led some to speculate that the current bull run may have peaked.

    Analysts at The Bull Theory, on the other hand, have identified key indicators suggesting a shift in Bitcoin’s traditional four-year cycle, with potential for the ongoing bullish trend to extend into 2026. 

    Anticipating Bitcoin Price Peak In Q2 2026

    In a post on social media platform X (formerly Twitter), the analysts explained that the typical Bitcoin price pattern has historically followed a straightforward rhythm: Halving, a 12–18 month rally, a blow-off top, and then a bear market. This pattern has held true for over a decade, but recent data indicates a significant change.

    Related Reading

    According to their analysis, Bitcoin is transitioning from a four-year cycle to a five-year cycle, with the next peak anticipated around the second quarter of 2026. This change is attributed to deeper structural shifts within the global economy. 

    Governments are increasingly rolling over debt for longer periods, business cycles are extending, and liquidity waves are moving through the financial system at a slower pace.

    The daily chart shows BTC’s volatility on the rise with a new surge on Thursday above $110,000. Source: BTCUSDT on TradingView.com

    One key factor pointed by the analysts influencing this lag is that when central banks cease tightening their monetary policies, it typically takes 6 to 12 months for liquidity to reach the markets. 

    The easing signals from Federal Reserve (Fed) Chair Jerome Powell in the third quarter of 2025, such as indications of ending balance-sheet contraction, are expected to impact markets well into early 2026, rather than having an immediate effect.

    Additionally, this delay is evident outside the US China’s money supply (M2) has surged to more than double that of the US and continues to expand. Historically, when China’s liquidity grows faster than that of the US, the Bitcoin price tends to rally a few months later, thereby extending the cycle into the first half of 2026. 

    Japan’s new Prime Minister has also initiated an economic package aimed at combating inflation, which is expected to further contribute to global liquidity. 

    On-Chain Data Shows Institutional Accumulation 

    This current cycle is also characterized by institutional accumulation rather than retail hype. Spot exchange-traded funds (ETFs), corporate treasuries, and funds are gradually purchasing and holding Bitcoin for extended periods. 

    Despite the current market conditions, retail interest in Bitcoin remains subdued, with Google Trends showing significantly lower search interest compared to 2021 levels. 

    This indicates that the market is currently in a phase of quiet expansion rather than widespread mania, and retail euphoria—which typically signals the end of market cycles—has yet to materialize.

    Related Reading

    On-chain data supports this mid-cycle structure, revealing that institutions continue to accumulate Bitcoin, exchange reserves are near multi-year lows, and miner selling pressure has diminished since the Halving event. 

    Bitcoin price
    Bitcoin reserve on exchanges drop to historical lows. Source: The Bull Theory on X

    While the four-year Halving model remains relevant, the analysts assert that it is now being reshaped by macro liquidity dynamics, institutional pacing, and elongated global cycles. Consequently, the true peak of this bull run may align more closely with Q2 2026 rather than 2025.

    Featured image from DALL-E, chart from TradingView.com 

    [ad_2]

    Ronaldo Marquez

    Source link