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Tag: Cryptocurrency

  • Bitcoin Holding Above Gaussian Channel, Bull Market Structure Still Intact

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    Bitcoin is trading around $107,000 after its recent flash crash, maintaining stability to prevent further decline but is yet to return to trading above $110,000. Notably, popular crypto analyst Titan of Crypto shared a detailed Gaussian Channel analysis on X that points to Bitcoin’s macro bull structure remaining intact despite short-term volatility. His post, which was accompanied by a Bitcoin price chart, shows how Bitcoin’s position relative to the Gaussian Channel offers a clear view of the ongoing cycle.

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    Bull Market Intact Above Gaussian Channel

    Titan of Crypto noted that Bitcoin’s placement above the Gaussian Channel represents strength in the long-term trend. As shown in the weekly candlestick price chart below, the green channel corresponds to bullish phases, while red regions represent bearish downturns, a prime example being the 2022 bear market. 

    At the time of writing, the upper band is positioned around $101,300 and trending upward. Therefore, Bitcoin’s price action around $107,000 means that it is yet to break into the Gaussian channel and its overall market structure is still solid. From this, it can be inferred that Bitcoin’s current pullback from the October 6 all-time high above $126,000 is only a temporary pause within a larger bull market.

    Bitcoin Gaussian Channel. Source: Titan of Crypto on X

    However, although the Gaussian Channel reading looks favorable, Titan of Crypto noted that the indicator should not be treated as a trading trigger. “It’s not a buy signal, it’s a macro context indicator,” he stated. Being above the Gaussian Channel doesn’t necessarily equate to buying more. It simply means the bull market structure is still intact. 

    The Gaussian Channel works best when combined with other indicators such as trading volume, moving averages, and on-chain accumulation trends to confirm directional momentum.

    BTCUSD currently trading at $108,099. Chart: TradingView

    Coinbase Premium Gap Turns Red

    Speaking of other indicators, on-chain data from CryptoQuant shows that the Coinbase Premium Gap, a metric comparing Bitcoin’s price on Coinbase versus other exchanges, has turned red. As shown in the chart below, Coinbase’s Premium Gap went on a sharp decline from positive premium levels above +60 earlier in the week to as low as -40 when the Bitcoin price fell to $101,000.

    Bitcoin: Coinbase Premium Gap

    Interestingly, the Coinbase Premium Gap has increased to around -10 at the time of writing, meaning US investors are starting to turn bullish again. This can be seen as a bullish signal, as similar dips in US demand were recorded between March and April before the Bitcoin price eventually rallied more than 60% to reach new all-time highs.

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    However, a red Coinbase Premium Gap alone is not decisive. It should be interpreted alongside other data points, including ETF inflows, trading volume, liquidity, and derivatives funding rates. At the time of writing, Bitcoin was trading at $107,120.

    Featured image from Vecteezy, chart from TradingView

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    Scott Matherson

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  • XRP Wallets Holding Over 10,000 Tokens Hit Record High Amid Price Recovery

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    XRP has shown some signs of recovery over the past 48 hours, climbing about 5.3 % from its recent low, according to on-chain analytics platform Santiment. The rebound comes as investor confidence appears to be returning, as it coincides with a steady rise in mid to large-sized XRP holders. Particularly, on-chain data shows that the XRP ecosystem now has more than 317,500 wallets holding at least 10,000 XRP tokens for the first time in its history.

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    Mid To Large XRP Holders Reach Record 317,500 Wallets

    Despite XRP’s recent price woes alongside the rest of the crypto market, on-chain data shows that XRP’s holder base is increasing among crypto investors. Notably, Santiment’s latest data shows that the number of XRP wallets holding at least 10,000 tokens has reached an all-time high of approximately 317,500. 

    Santiment’s data chart, as shown below, indicates that XRP’s network has added approximately 1.8% more wallets holding 10,000 or more tokens in just the last thirty days. Interestingly, Santiment’s data further shows that the upward slope of this metric has been consistent throughout 2025.

    The increase in mid-sized and large wallet count shows that many XRP investors are not concerned about the recent price dips. Instead, many of them are taking advantage of lower prices to strengthen their holdings. As such, a growing segment of investors are buying XRP for long-term gains rather than short-term price action.

    XRP, which is currently hovering around the $2.35 range, may benefit from this growing base of committed holders in the long term. Its price trajectory now depends on its ability to sustain momentum above $2.3. If the bullish on-chain sentiment translates into consistent buy pressure, XRP could extend its rebound and target at least $2.8 before the end of the week.

    XRPUSD now trading at $2.32. Chart: TradingView

    However, if momentum stalls, the price may enter another downward phase before an upward move. Nonetheless, the record growth in wallets holding over 10,000 XRP provides a strong long-term foundation that may support the cryptocurrency’s value in the coming weeks.

    Number of 10K+ XRP Wallets. Source: Santiment

    Ripple’s Acquisition Of GTreasury Adds Institutional Momentum

    Ripple Labs, the company behind XRP, recently announced the acquisition of GTreasury for $1 billion, making this its third-biggest deal in 2025. The deal will bring GTreasury’s treasury-management software, used by global corporations to manage liquidity, cash forecasting, payments and risk, into Ripple’s infrastructure suite.

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    GTreasury serves over 1,000 customers across about 160 countries and has more than 40 years’ experience in corporate treasury operations. The move gives Ripple immediate access to the multi-trillion-dollar corporate treasury market and large enterprise clients previously outside its direct reach. There are also reports that Ripple is planning to raise $1 billion to build an XRP treasury.

    At the time of writing, XRP was trading at $2.35.

    Featured image from Unsplash, chart from TradingView

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    Scott Matherson

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  • Hackers Dox ICE, DHS, DOJ, and FBI Officials

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    In a stunning new study, researchers at UC San Diego and the University of Maryland revealed this week that satellites are leaking a wealth of sensitive data completely unencrypted, from calls and text messages on T-Mobile to in-flight Wi-Fi browsing sessions, to military and police communications. And they did this with just $800 in off-the-shelf equipment.

    Face recognition systems are seemingly everywhere. But what happens when this surveillance and identification technology doesn’t recognize your face as a face? WIRED spoke with six people with facial differences who say flaws in these systems are preventing them from accessing essential services.

    Authorities in the United States and United Kingdom announced this week the seizure of nearly 130,000 bitcoins from an alleged Cambodian scam empire. At the time of the seizure, the cryptocurrency fortune was worth $15 billion—the most money of any type ever confiscated in the US.

    Control over a significant portion of US election infrastructure is now in the hands of a single former Republican operative, Scott Leiendecker, who just purchased voting machine company Dominion Voting Systems and owns Knowink, an electronic poll book firm. Election security experts are currently more baffled about the implications than worried about any possibility of foul play.

    While a new type of attack could let hackers steal two-factor authentication codes from Android phones, the biggest cybersecurity development of the week was the breach of security firm F5. The attack, which was carried out by a “sophisticated” threat actor reportedly linked to China, poses an “imminent threat” of breaches against government agencies and Fortune 500 companies. Finally, we sifted through the mess that is VPNs for iPhones and found the only three worth using.

    But that’s not all! Each week, we round up the security and privacy news we didn’t cover in depth ourselves. Click the headlines to read the full stories. And stay safe out there.

    In recent years, perhaps no single group of hackers has caused more mayhem than “the Com,” a loose collective of mostly cybercriminal gangs whose subgroups like Lapus$ and Scattered Spider have carried out cyberattacks and ransomware extortion operations targeting victims from MGM Casinos to Marks & Spencer grocery stores. Now they’ve turned their sites to US federal law enforcement.

    On Thursday, one member of the Com’s loose collective began posting to Telegram an array of federal officials’ identifying documents. One spreadsheet, according to 404 Media, contained what appeared to be personal information of 680 Department of Homeland Security officials, while another included personal info on 170 FBI officials, and yet another doxed 190 Department of Justice officials. The data in some cases included names, email addresses and phone numbers, and addresses—in some cases of officials’ homes rather than the location of their work. The user who released the data noted in their messages a statement from the DHS that Mexican cartels have offered thousands of dollars for identifying information on agents, apparently mocking this unverified claim.

    “Mexican Cartels hmu we dropping all the doxes wheres my 1m,” the user who released the files wrote, using the abbreviation for “hit me up” and seemingly demanding a million dollars. “I want my MONEY MEXICO.”

    Over the last year—at least—the FBI has operated a “secret” task force that may have worked to disrupt Russian ransomware gangs, according to reports published this week in France’s Le Monde and Germany’s Die Zeit. The publications allege that at the end of last year, the mysterious Group 78 presented its strategy to two different meetings of European officials, including law enforcement officials and those working in judicial services. Little is known about the group; however, its potentially controversial tactics appeared to spur typically tight-lipped European officials to speak out about Group 78’s existence and tactics.

    At the end of last year, according to the reports, Group 78 was focusing on the Russian-speaking Black Basta ransomware gang and outlined two approaches: running operations inside Russia to disrupt the gang’s members and try to get them to leave the country; and also to “manipulate” Russian authorities into prosecuting Black Basta members. Over the last few years, Western law enforcement officials have taken increasingly disruptive measures against Russian ransomware gangs—including infiltrating their technical infrastructure, trying to ruin their reputations, and issuing a wave of sanctions and arrest warrants—but taking covert action inside Russia against ransomware gangs would be unprecedented (at least in public knowledge). The Black Basta group has in recent months gone dormant after 200,000 of its internal messages were leaked and its alleged leader identified.

    Over the last few years, AI-powered license plate recognition cameras—which are placed at the side of the road or in cop cars—have gathered billions of images of people’s vehicles and their specific locations. The technology is a powerful surveillance tool that, unsurprisingly, has been adopted by law enforcement officials across the United States—raising questions about how access to the cameras and data can be abused by officials.

    This week, a letter by Senator Ron Wyden revealed that one division of ICE, the Secret Service, and criminal investigators at the Navy all had access to data from the cameras of Flock Safety. “I now believe that abuses of your product are not only likely but inevitable, and that Flock is unable and uninterested in preventing them,” Wyden’s letter addressed to Flock says. Wyden’s letter follows increasing reports that government agencies, including the CBP, had access to Flock’s 80,000 cameras. “In my view,” Wyden wrote, “local elected officials can best protect their constituents from the inevitable abuses of Flock cameras by removing Flock from their communities.”

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    Andy Greenberg, Matt Burgess

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  • Is Sony The Next Crypto Bank? Tech Giant Applies For A National Charter In The US

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    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.

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    Ronaldo Marquez

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  • Bitcoin Market Feels “Too Efficient” As Arbitrage Opportunities Vanish – What It Means For Price?

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    As Bitcoin (BTC) tries to recover from its weekend sell-off that saw it almost crash to $100,000, some crypto analysts think that the BTC market likely “lost its pulse.” As a result, the leading cryptocurrency may be on the cusp of losing its bullish momentum.

    Bitcoin At The Risk Of Losing Momentum?

    According to a CryptoQuant Quicktake post by contributor TeddyVision, Bitcoin’s Inter-Exchange Flow Pulse (IFP) has been trending lower, confirming that inter-exchange activity is slowly fading.

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    For the uninitiated, the IFP measures liquidity as it moves between crypto exchanges. In essence, it can be considered a proxy to determine how active arbitrage and market-making really are.

    To explain, arbitrage refers to the practice of buying an asset for a lower price on one platform and selling it at a higher price on another, thus benefiting from the price differential. In simple terms, arbitrage refers to profiting from inefficiencies.

    When such inefficiencies exist in the market and are actually executable, liquidity tends to start moving fast. At the same time, trading bots begin shuttling funds across platforms, market spreads begin to realign again, and the market starts to feel “alive.”

    This is when the IFP rises. Although there is greater market volatility due to a rising IFP, it is generally considered healthy for the market as it confirms that BTC is likely experiencing a bullish momentum.

    However, since the IFP reading has turned lower in recent weeks, traders are finding it harder to arbitrage price discrepancies even though they might still be appearing. TeddyVision noted:

    Price discrepancies still appear, but they’re harder to arbitrage – liquidity is thinner, latency is higher, and risk-adjusted opportunities are drying up. Traders find fewer setups worth taking, and less capital circulates between venues.

    The analyst emphasized that liquidity is not leaving the market, it is just not circulating like earlier. While such a slowdown in liquidity does not crash the market, it does drain the energy out of it.

    Source: CryptoQuant

    To conclude, the market is not collapsing, it is just “too efficient” at the moment for traders to find any meaningful arbitrage opportunities that they can benefit from. When inefficiencies leave the market, the underlying asset is likely at risk of losing its momentum.

    A Healthy Correction For BTC?

    The market crash on October 9 led to the largest single-day liquidation ever in the history of the crypto industry, totalling a mammoth $19 billion. While the overall optimism has receded, some analysts are still hopeful of a quick sentiment turnaround.

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    Fellow crypto analyst EtherNasyonaL stated that BTC has maintained its upward trajectory despite the recent market crash, and that a move to a new all-time high (ATH) may be on the horizon. At press time, BTC trades at $111,731, down 2.3% in the past 24 hours.

    bitcoin
    Bitcoin trades at $111,731 on the daily chart | Source: BTCUSDT on TradingView.com

    Featured image from Unsplash, charts from CryptoQuant and TradingView.com

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    Ash Tiwari

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  • Feds Seize Record-Breaking $15 Billion in Bitcoin From Alleged Scam Empire

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    “Chen Zhi was directly involved in managing the scam compounds and maintained records associated with each one, including records tracking profits from the scams that explicitly referenced ‘sha zhu,’ or pig-butchering,” the indictment claims, alleging there were also “ledgers of bribes to public officials.” One document allegedly held by Chen listed that two scam centers were equipped with 1,250 mobile phones that “controlled” 76,000 social media accounts. The indictment also claims that Chen held images demonstrating “Prince Group’s violent methods” against people who had been trafficked to the scam centers. The document includes images showing people bloodied and beaten.

    The seizure of 127,271 bitcoins worth more than $15 billion at the time they were confiscated represents by far the biggest monetary seizure in the US Justice Department’s history—not just of cryptocurrency, but of money of any kind. That US law enforcement record was previously set in 2022 with the seizure of 95,000 bitcoins worth $3.6 billion from a Manhattan couple who later pleaded guilty to stealing them from the Bitfinex exchange, and prior to that with a billion-dollar seizure in 2020 of bitcoins allegedly stolen from the Silk Road dark web drug market by an unnamed hacker. Meanwhile, police in the UK seized 61,000 bitcoins worth $6.7 billion in June from a Chinese woman accused of an investment scam, an even bigger sum than those US records but less than half the sum taken from the Prince Group operation.

    “It’s important to note that this seizure is extraordinary not only for its scale but for what it represents,” Ari Redbord, global head of policy at crypto-tracing firm TRM Labs, adding that the seizure is still a “small fraction” of the money generated by scam centers. “These are not isolated scams; they are factory-scale operations powered by forced labor, supercharged by the speed and scale of crypto, and connected through sophisticated money-laundering infrastructure that spans Cambodia, Myanmar, Laos, China, and beyond,” Redbord says.

    Redbord says the widespread action “strikes at the operational and financial core” of the widespread scam center ecosystem. In recent years, researchers tracking the scam compounds in Southeast Asia have seen them rapidly grow and use their illicitly gained money to invest in increasingly high-tech scam operations. Over the last two years, scam compounds have also been spotted emerging outside of Southeast Asia, with sites emerging in the Middle East, Eastern Europe, Latin America, and West Africa.

    “By targeting the financial architecture—the shell companies, banks, exchanges, and real estate that move and hide these proceeds—the US and UK are dismantling the economic engine that sustains these crimes,” Redbord says. “This is what a 21st-century counter-threat finance campaign looks like—coordinated, data-driven, and global.”

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    Matt Burgess, Andy Greenberg

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  • Meet the MemeCoin Traders Risking Everything to Retire Their “Whole Bloodline”

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    Attention has always been valuable but difficult to price. A blue check on Instagram promises credibility; a large follower count or a viral moment can open a world of opportunity. Attract as many eyeballs as you like, but there was never any way to cash in on the gaze itself. “So it’s just the next phase,” says Bark, a crypto influencer who, according to a woman who knows him, is running what amounts to “a full-blown cult” on X. (“Anything he tells his audience to do, they’ll do,” she says. “You make people money, they’ll worship you.”)

    “Having clout and followers and blue check marks had value, but there was no way you could put a dollar on it,” Bark continues. “Now we’re putting a dollar on it.”

    This may be why people who spend most of their time making products that live on the internet are drawn to the world of crypto, where even micro-influencers can create tokens tied to their online popularity.

    One such influencer is a guy called Fluffy, who, when I met him at Meme House LA, gave the impression of an ebullient, larger-than-life Nintendo Mario, dressed in red-and-white-striped overalls and a red cap. Fluffy has his own meme coin, which, he says, “is so stressful because my face is on it. If this coin goes bad, it ruins my whole persona in Web3.” When Fluffy starred in a commercial for a crypto company called Bullpen earlier this year, his token’s total value increased from $28,000 to $40,000 because, as he puts it, “people saw me as the commercial, they saw that I was actually putting in work trying to entertain the world, which correlated to the token getting bought, and that makes me feel good.”

    There is an annoying problem with the nature of attention, however. It tends to alight on the collective imagination with seemingly capricious randomness. But what if you could control where attention was headed next? This, in the view of Amy Street, a former kindergarten teacher who became a crypto influencer after flipping two NFTs for a combined $18,000, is the current trajectory. “I’m not in control of whether or not Elon Musk uses the phrase DOGE over and over again or if Labubus are cool in two months,” she says. “But I do control if I’m gonna get a tattoo of an eggplant on my stomach. And if there is money on the line, people are gonna do some crazy stuff. Bull runs create hunger for money, and people do crazy things and put up a lot of money.”

    That comment about the eggplant tattoo is something Street picked up from a crypto company she’s working with called Dare Market, which has yet to launch. The idea is in the name: a market of dares where people pay bounties that others cash in on by recording themselves performing crowdsourced challenges. These dares, according to the company’s founder, Isla Rose Perfito, a bubbly blond 29-year-old living in New York, could include things like breaking into a Scientology center, moving into a McDonald’s for 24 hours, and getting people to streak at the Super Bowl. “The goal,” says Perfito, “is to break the internet. It’s like Black Mirror/Jackass coded but still super relatable. It’ll give you the feeling that you can change the world and the adrenaline rush of driving a fast car.”

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    Zoë Bernard

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  • Crypto Crash Prediction Comes True: Here’s What’s Next For Bitcoin And Ethereum

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    The recent crypto market crash stunned investors across the globe, but one analyst saw it coming long before it happened. Bitcoin plunged from above $125,000 to briefly below $102,000, and Ethereum dropped to below $3,800, exactly as predicted by popular market commentator Ash Crypto earlier this month. 

    His October 1 post on X warned of a sharp correction meant to liquidate all the bulls before a major rebound in Q4. Now that the dip has played out exactly as he forecasted, Ash Crypto’s outlook for the coming weeks is a powerful rebound phase.

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    The Crash Prediction That Shook ‘Uptober’

    The sell-off that sent shockwaves through the industry is a quick change in sentiment after Bitcoin’s recent all-time high on October 6. Bitcoin’s decline from above $125,000 to below $110,000 caused widespread panic that flowed into other cryptocurrencies, while Ethereum followed with a sharp drop below $3,800. More than $19 billion in leveraged trades were liquidated across different exchanges in under a day, making it one of the largest wipeouts in crypto history.

    However, the timing of the crash aligned almost perfectly with a projection on the social media platform X by Ash Crypto. On October 1, Ash Crypto outlined what he called a “pump-then-dump setup” designed to trap overconfident bulls. In his post, he warned that early-month gains would bait retail traders into believing PUMPtober was real before the market reversed violently to shake them out.

    Notably, the analyst predicted that Bitcoin would dip to around $106,000 and Ethereum to $3,800 or lower before rebounding later in the month. According to him, this correction phase would run until mid-October, sometime around the 15th to 20th of October, before transitioning into a powerful recovery in the last ten days of the month.

    BTCUSD currently trading at $114,049. Chart: TradingView

    What Comes Next After The Drop?

    Ash Crypto’s call has proven accurate, especially against the backdrop of widespread ‘Uptober’ optimism that clouded judgment for many crypto traders. However, despite the predicted bearish move, the prediction post also carried a long-term sentiment that aligns with a bullish Uptober.

    He explained that once market sentiment turns overwhelmingly bearish and traders begin to assume PUMPtober is canceled, short positions will pile up. It is at this point that a reversal will begin in the final ten days of October, leading to what he described as Q4 parabolic candles.

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    Ash Crypto projected Bitcoin will reach between $150,000 and $180,000 by the end of the fourth quarter, while Ethereum will be trading anywhere in the $8,000 to $12,000 range. Following that move, he expects a full-fledged altcoin season that will cause the price of many altcoins to grow 10x to 50x in just a few months.

    At the time of writing, Bitcoin is trading at $114,049, and Ethereum is trading at $4,087.

    Featured image from Unsplash, chart from TradingView

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    Scott Matherson

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  • Dogecoin Price: ‘$6.9 Is A Magnet’, Analyst Predicts

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    Dogecoin has plunged violently over the past 24 hours, shedding a large chunk of its value in a brutal correction across the entire crypto market. What looked like a hold above $0.25 turned into a fast breakdown that dragged the Dogecoin price to as low as $0.148 within 24 hours.

    However, technical analysis from crypto analyst Kaleo shows Dogecoin is ready to hit new all-time highs. In a post on X, he doubled down on a remarkably bullish prediction, stating that $6.90 is a “magnet” for Dogecoin.

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    Dogecoin Chart Tells The Story

    In his post on the social media platform X, Kaleo noted how members of the crypto community are increasingly waking up to see how primed Dogecoin is to reach higher levels. The chart accompanying Kaleo’s post shows the historical pattern that Dogecoin has followed after previous Bitcoin halvings. 

    Each halving has always been followed by years of massive upside moves in Dogecoin’s price, with the meme coin breaking out of long-term descending resistance lines to record exponential gains. Examples shown in this chart are the 2017 and 2021 explosive price surges. 

    Kaleo suggested that the current market phase mirrors the same structure seen just before the 2021 bull run, when Dogecoin broke above a key lower-high resistance from its previous all-time high. This moment is illustrated on the chart with the label “We are here.”

    Dogecoin Price Chart. Source: @CryptoKaleo on X

    The $6.90 Magnet: Kaleo’s Logic Behind The Forecast

    Kaleo acknowledged that the projection of a $6.9 Dogecoin price target might sound a little too bullish, but his logic is based on the logic of market cap math. In his post, he explained that his projection for Bitcoin this cycle is to surpass $500,000. If Bitcoin surpasses $500,000 as expected, it would translate to a $10 trillion market capitalization. 

    This sheer amount of inflow would flow into the rest of the crypto market, and Dogecoin could theoretically reach 10% of Bitcoin’s valuation, just as it did during the 2021 mania. That ratio implies a $1 trillion market cap for Dogecoin, which is equivalent to a $6.94 price per token based on the current circulating supply. 

    Dogecoin’s recent price crash has complicated this bullish narrative. Instead of confirming an imminent breakout, the meme coin has fallen below the $0.25 support level. At the time of writing, Dogecoin is trading at $0.1971, down by 21.4% in the past 24 hours and having reached an intraday low of $0.1489.

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    The breakdown looks like the kind of market-wide liquidity flushes often seen before major reversals. Yet, it also risks extending Dogecoin’s bearish structure and delaying any breakout if the price fails to recover quickly. Right now, recovery above $0.25 is important for bulls to rebuild bullish momentum.

    Featured image from Unsplash, chart from TradingView

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    Scott Matherson

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  • Trump’s new 100% tariffs on China triggered an $18 billion crypto sell-off

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    (CNN) — President Donald Trump’s threat to impose an additional 100% tariff on imports from China sparked a massive cryptocurrency sell-off late Friday that exposed risky leverage in the space.

    Digital currencies bitcoin, ether and solana were among the most affected cryptocurrencies, bringing total liquidations to $18.28 billion as of 3:47 p.m. ET, according to data analysis platform CoinGlass. The losses for cryptocurrencies come amid a broad sell-off, as the Nasdaq and S&P 500 on Friday saw their steepest declines in six months.

    In the past 24 hours, roughly $5 billion of bitcoin has been liquidated, along with about $4 billion of ether and about $2 billion of solana, according to CoinGlass.

    It’s the “largest liquidation event in crypto history,” CoinGlass said in a post on X.

    Bitcoin is down almost 10% in the last five days and was trading at $111.616.20 as of 3:45 p.m. ET, a jump from when it dropped to $103,000 at 5:15 p.m. ET on Friday.

    On Friday, ether was priced at $4,365.63 and then sunk to $3,742.88 — a 14.2% decline.

    Solana was priced at $223.10 on Friday and has fallen to $178.72, as of 3:45 p.m. ET — a nearly 20% plunge.

    Crypto has made major gains since Trump took office this year, in large part because of the president’s turnaround from dismissing bitcoin as “based on thin air” to addressing crypto fans at conventions, launching his own meme coin and promising a strategic crypto reserve.

    And Trump recently issued an executive order allowing digital assets like crypto to be included in 401(k) plans, causing bitcoin to soar to a record high of $124,000 last week.

    Despite ongoing trade talks between Washington and Beijing, trade tensions re-escalated Thursday after China ramped up export restrictions on critical rare earth minerals.

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    Auzinea Bacon and CNN

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  • Global Banking Powerhouses Plan Issuing New Stablecoins Tied To G7 Currencies

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    A consortium of major banks, including Bank of America, Citi, Deutsche Bank, Goldman Sachs, and UBS, announced on Friday that they will collaborate to explore the development of stablecoins pegged to G7 currencies. 

    A New Era For Crypto In Mainstream Finance

    The renewed interest in stablecoins comes in the wake of US President Donald Trump’s endorsement of the sector, which has reignited discussions about integrating blockchain technology into mainstream finance. 

    Currently, the stablecoin market is heavily dominated by Tether (USDT), based in El Salvador, which accounts for approximately $179 billion of the total $310 billion in stablecoins circulating, according to data from CoinGecko.

    The 1D chart shows the total market cap drop in what has been the largest liquidation event in crypto. Source: TOTAL on TradingView.com

    The banks involved in this new initiative, which also includes Santander, Barclays, BNP Paribas, MUFG, TD Bank Group, and others, have stated that the goal is to assess whether a collaborative industry offering could enhance competition and bring the benefits of digital assets to the market, all while ensuring compliance.

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    Notably, France’s Societe Generale recently became the first major bank to issue a dollar-backed stablecoin through its digital asset subsidiary, although it has seen limited adoption, with only $30.6 million currently in circulation.

    In addition to this consortium, a separate group of nine European banks, including prominent names like ING and UniCredit, is also in the process of launching a euro-denominated stablecoin. 

    Meanwhile, Citi has made strides in the stablecoin space by investing in BVNK, a company focused on stablecoin infrastructure. 

    Demand For Stablecoin Solutions Grows

    Although Citi has not disclosed the amount of its investment, the co-founder of BVNK, Chris Harmse, told during an interview with CNBC, that the company’s valuation has surpassed $750 million, as reported in its latest funding round.

    Harmse remarked on the increasing demand for stablecoin infrastructure, particularly with the emergence of regulatory clarity through the passage of the GENIUS Act in the US. This has prompted major US banks to strategically position themselves in the crypto ecosystem. 

    Citi’s CEO, Jane Fraser, has indicated that the bank is contemplating the issuance of its own stablecoin while also exploring custodian services for digital assets. However, Citi is not alone in its pursuit of digital asset integration; JPMorgan Chase has already launched its own stablecoin-like token, JPMD.

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    Banks are increasingly investigating how blockchain technology—originally developed to support Bitcoin—can reduce transaction costs and enhance processing speeds across various financial operations. 

    This exploration includes the concept of tokenization, which involves creating digital tokens that represent traditional assets, such as deposits. For instance, Bank of New York Mellon is currently looking into tokenized deposits, while HSBC has already rolled out a tokenized deposit service.

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

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    Ronaldo Marquez

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  • Polymarket Just Got a $2 Billion Investment From the NYSE. But Its Future Is Far From Clear

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    It has been roughly three years since prediction site Polymarket has been available to U.S. users. Since July, though, the company has been taking steps to restore that access—and it just got one of its biggest votes of confidence.

    The parent company of the New York Stock Exchange, on Tuesday, announced an investment of up to $2 billion in Polymarket, which will value the prediction market at approximately $8 billion. The investment by Intercontinental Exchange Inc. makes 27-year-old founder Shayne Coplan the youngest self-made billionaire in history.

    It comes less than three months after New York City-based Polymarket began publicly talking about its U.S. comeback, announcing it had acquired QCX, the holding company of a Commodity Futures Trading Commission (CFTC)-licensed derivatives exchange, and QC Clearing, a clearinghouse, for $112 million. That, it said at the time, “paves the way for U.S. users to access Polymarket in the near future.”

    Maybe not quite as near as it had hoped for, though. Despite all the positive momentum, Polymarket remains unavailable to U.S. users. A message on the site’s home page currently reads, “Polymarket will soon be available for US traders. We’re working hard to get the U.S. platform ready for launch.”

    Polymarket ceased operations here as part of a settlement with the CFTC. That dispute emerged from Polymarket’s lack of a license. There were also concerns of market manipulation. In July, though, the Justice Department and CFTC ended their investigations (which were launched by the Biden administration). That led to the QCX deal, which opened the path to resume operations in the U.S.

    Any delay in resuming those operations, however, only gives Polymarket’s competitors a chance to lock in users—and there are plenty of competitors.

    With the Intercontinental investment, Polymarket’s valuation is now four times that of rival Kalshi, but when it comes to trading volume, the two are still largely on even footing. For the week to September 29, New York City-based Kalshi boasted a 67 percent share of the global prediction market. Polymarket had 31 percent. Up until late August, Polymarket had been far and away the category leader.

    Polymarket has a global audience, while Kalshi tends to focus more on the U.S., which has a larger customer pool. Kalshi also scored a big victory last year when a federal court authorized it to offer presidential election contracts, something that had been illegal for a century in the U.S. (Some two million users bet more than $1 billion on the Trump versus Harris race alone. Polymarket racked up $3.6 billion in wagers outside of the U.S.)

    There are plenty of other prediction markets in the mix as well. Robinhood launched one before the presidential election last year and has since partnered with Kalshi to add event contracts trading. And Crypto.com partnered with Underdog to start a sports prediction market last month.

    “At the most fundamental level, [prediction markets] are the application of capitalism to the pursuit of truth,” wrote Robinhood founder Vlad Tenev on social media after the deal with Kalshi was struck. “Market incentives and the wisdom of the crowds sift through all the information out there to determine answers to well-specified questions and outcomes to important events.” 

    Prediction markets operate in something of a grey area compared to professional sportsbook operations, and their legality is still being figured out by courts and the CFTC. As that drags on, though, prediction market sites have continued to grow and become habitual for users.

    Wagering on events, from politics to sports to the number of posts Elon Musk will make on X in a given week, has become a multibillion-dollar business. A forecast from Metatech Insights predicts the decentralized prediction market alone will reach $95.5 billion by 2035. The majority of that growth is expected to take place in the U.S., which is why Polymarket has been so eager to return.

    Beyond acquiring QCX, the company has taken other steps to ensure it doesn’t run into the same problems it did before it was banned. Donald Trump Jr. joined Polymarket’s advisory board in August, and his venture-capital firm 1789 Capital is now an investor in the company (as is Peter Thiel’s Founder’s Fund). Intercontinental Exchange, meanwhile, has its own ties to the Trump administration. Chairman and CEO Jeffrey Sprecher is married to SBA administrator Kelly Loeffler.

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    Chris Morris

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  • Dogecoin Eyes Massive Breakout: Next Move Depends On $0.30

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    Dogecoin has shown signs of renewed momentum after reclaiming ground above $0.26 in the past 24 hours, but it hasn’t made a clean breakout yet. Nonetheless, crypto analysts are bullish on the meme coin, and a few of them have highlighted important support, resistance, and breakout levels. As it stands, Dogecoin path to $0.3 still holds merit, and its reaction here will determine how its price action plays out.

    Analysts Map Out Bullish Setups And Near-Term Targets

    The $0.30 level, in particular, stands out as the next critical threshold for Dogecoin: both as a psychological and technical marker that could open the door for a stronger rally if conquered. 

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    For instance, crypto analyst Ali Martinez observed that Dogecoin is currently trading within an ascending channel. This pattern holds merit as a bullish continuation, and according to the analyst, Dogecoin is still in the accumulation phase. The projection on the chart shows all that’s needed now is for a clean break above $0.3 for Dogecoin to enter into an expansion phase.

    Dogecoin 1W Price Chart: @ali_charts on X

    EtherNasyonaL, another crypto analyst, is more aggressive with Dogecoin. According to his projection, Dogecoin has now completed a successful retest after breaking above a descending trendline of lower highs. The most recent 3-day candlestick now shows Dogecoin forming a bullish candle above $0.25, and now the next step is a bullish leg to new all-time highs.

    Dogecoin 3D Price Chart: @EtherNasyonaL on X

    Dogecoin has been consolidating in a clear nine-month ascending triangle and is now approaching a key breakout point, according to a TradingView analysis. The pattern has been forming since early 2025 with rising support around $0.22 and a horizontal resistance zone between $0.28 and $0.30.

    DOGEUSD now trading at $0.25. Chart: TradingView

    Therefore, a confirmed breakout above $0.30 could send the Dogecoin price to between $0.38 and $0.40, matching the height of the formation and aligning with a prior resistance zone from earlier in the year. The breakout must come with a strong daily candle close above $0.30 and a clear volume surge, ideally two to three times higher than normal.

    Failure to hold above $0.30 or a drop below $0.22 would invalidate the bullish setup, but for now, Dogecoin’s structure suggests that a decisive move is close.

    Dogecoin 4H Price Chart: The Pythia On TradingView

    Early Signs Of Strength

    Dogecoin needs enough trading volume in order to complete this predicted move. The move needs to be backed by a noticeable surge in trading volume, ideally two to three times higher than the recent average.

    Dogecoin’s trading volume has spiked notably in the past 24 hours, coming to $2.5 billion across all exchanges. Furthermore, active addresses and transaction frequency have both increased over the last few trading hours. 

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    At the time of writing, Dogecoin is trading at $0.2644, up by 4.5% and 16.7% in the past 24 hours and seven days, respectively.

    Featured image from Pixabay, chart from TradingView

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    Scott Matherson

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  • Key Price Breakout Sets Dogecoin On 153% Rally To Clear $0.65 – Details

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    Dogecoin’s price action in recent days has been defined by steady higher lows and attempts to break above $0.25. The meme coin has managed to maintain bullish momentum in the past 24 hours after ending September consolidating. 

    This recent move has kept Dogecoin’s uptrend intact on the daily chart, and according to technical analysis shared on the social media platform X by analyst Javon Marks, this structure could be setting the stage for a powerful upward move.

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    Breakout Structure And Higher Lows

    According to Marks, Dogecoin’s current price formation could be the early stages of a massive rally that carries the meme coin to $0.65 in a quick move. 

    This prediction is based off a clear sequence of higher lows (HL) and higher highs that has been forming on the Dogecoin price chart. This formation is on the 5-day candlestick timeframe chart, and it goes as far back as the 2022 bear market. The first higher low started from the capitulation low in 2022 and continued through 2023 into 2024. Each higher low shows growing buyer interest after every correction, which is a sign of bullish continuation on higher timeframes.

    The most recent example came during September’s downturn, when Dogecoin found a strong support at $0.22. Rather than breaking down further, the price rebounded from this level to create yet another higher low in the series. This response was important because it confirmed that Dogecoin’s uptrend was still intact.

    Dogecoin is currently trading at $0.24. Chart: TradingView

    Marks points out that this upward structure of higher lows means that another wave up is likely to be in the works. Therefore, the current phase between $0.22 and $0.25 now is more of a build-up before the next explosive move higher.

    Dogecoin 5-day price chart: Javon Marks on X

    The Case For A 153% Rally To $0.6533

    Marks’ projection goes beyond a simple breakout. The analyst projected Dogecoin to go on to create another higher high in the coming weeks and months. This wave up could be an over 153% run from Dogecoin’s current price level. 

    His chart identifies $0.6533 as the immediate target for this wave. Achieving this level would require Dogecoin to more than double from its current price, but this is not unprecedented given its price history. If Dogecoin were to reach the $0.6533 breakout target, it would be its strongest bullish rally since early 2021. However, this is still below its 2021 all-time high of $0.7316, meaning there’s still room for further upside if bullish conditions persist.

    Interestingly, the analysis also noted that Dogecoin might extend the rally above the $1 threshold. Particularly, the second price target is at $1.25711, although this may seem far-fetched in the short term.

    Related Reading

    At the time of writing, Dogecoin is trading at $0.2525, down by 1.7% in the past 24 hours, but up by 10% in a seven-day timeframe.

    Featured image from Pixabay, chart from TradingView

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    Scott Matherson

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  • Dogecoin Face-Melting Rally: This Bullish Impulse Will Send Price Toward $0.8 ATH

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    Dogecoin (DOGE) is currently showing signs of entering one of its strongest bullish phases yet, with an analyst pointing toward a rare chart formation that could trigger a powerful upside rally. According to technical analysis, Dogecoin may be on its way to hitting new all-time highs, with $0.8 marked as the next bullish target. 

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    Analyst Doubles Down On Bold Dogecoin Forecast

    A new analysis by Mikybull Crypto, a prominent market expert on X social media, reveals that Dogecoin has completed the critical phases of a Bump and Run reversal chart pattern—a setup that historically precedes explosive breakouts. With price action already reclaiming its trendline, the analyst has doubled down on earlier forecasts, predicting that the DOGE price could experience an explosive surge toward the $0.8 level.

    Sharing a price chart, Mikybull clearly highlights the textbook Bump and Run reversal, which consists of a lead-in phase, a bump phase, and a final breakout followed by a throwback to the trendline below $0.23. DOGE’s weekly price action has mirrored this chart structure, with the recent move back to retest the broken resistance now serving as a potential springboard for the next phase. 

    In technical terms, this “throwback” often marks the last opportunity for accumulation before the real rally begins. Mikybull, who has been closely tracking Dogecoin’s macro setup, emphasized in his X post that “the main bullish rally is about to kick off.” In an earlier update, the analyst described the upcoming bull phase as a “face-melting rally,” noting that the Bump and Run pattern is rare but extremely reliable when confirmed. 

    At the time of writing, Dogecoin is trading slightly above $0.25, and a rally to the projected $0.8 target would represent a massive gain of approximately 220%. Such a move would propel DOGE’s price beyond its 2021 record high of $0.73, setting a fresh ATH with an additional 9.6% upside. 

    DOGEUSD currently trading at $0.25. Chart: TradingView

    DOGE Breakout Structure Reinforces Rally Setup

    A second technical analysis by crypto market expert Unipcs on X delivers a similar bullish outlook for the Dogecoin price. His chart highlights a tightening wedge structure, where DOGE has been consolidating below long-term resistance while forming a series of higher lows. Recently, the price broke out from this compression zone, reinforcing the meme coin’s bullish narrative.

    Unipcs reiterated that “DOGE to $1 is a meme until it isn’t,” suggesting that this cycle could deliver the long-anticipated push toward the $1 price level. He further noted that Dogecoin looks primed for an aggressive move that could generate strong spillover effects for other major meme coins in the market. 

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    In an earlier post, he pointed out that Dogecoin’s structure still looked bullish on the Higher Time Frame (HTF), coinciding with the FED interest rate cut and the DTCC listing of a new Dogecoin ETF in September. With Digital Asset Trusts (DATs) and institutional players already accumulating, the analyst maintains a strong bullish stance on the meme coin’s price outlook. 

    Featured image from Unsplash, chart from TradingView

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    Scott Matherson

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  • The Crypto Lawyers PLLC Seeks Recovery of Stolen Funds for More Than One Hundred Scam Victims in Unprecedented Asset Forfeiture Proceedings in Washington, D.C.

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    WASHINGTON, DC, October 3, 2025 (Newswire.com)
    –
    The Crypto Lawyers PLLC has filed claims on behalf of more than one hundred victims of cryptocurrency confidence scams in federal forfeiture proceedings involving more than $225 million in seized digital assets. The filings seek the return of over $70 million stolen from victims and laundered through the same network of accounts identified in the government’s complaint. The firm is joined in the case by co-counsel Greenberg Traurig LLP and Boies Schiller Flexner LLP.

    On June 18, 2025, the U.S. Department of Justice announced that federal agents had seized approximately 225,364,961 USDT, worth more than $225 million, from accounts used to launder the proceeds of the fraud. In filing its forfeiture complaint, U.S. Attorney for the District of Columbia Jeanine Pirro stated that her office was “taking a leading role in the fight against crypto-confidence scams, partnering with law enforcement throughout the country to seize and forfeit stolen funds and rip them from the hands of foreign criminals, all with the eye toward making victims whole.”

    The DOJ reported that investigators traced approximately $19 million to sixty victims but acknowledged that many more could not be identified. The Crypto Lawyers has since identified more than one hundred victims, nearly double the number recognized in the government’s filing, whose combined losses exceed $70 million beyond those set forth in the complaint. By bringing these additional victims forward, The Crypto Lawyers looks forward to working with the government to ensure they are made whole.

    “The Crypto Lawyers has long been at the forefront of efforts to recover stolen cryptocurrency for scam victims. Our clients’ assets have been painstakingly traced to the funds now under seizure, and they have waited patiently for the opportunity to be made whole. We are grateful for the Department of Justice’s work in securing these assets and look forward to seeing them returned to the victims,” said Rafael Yakobi, Managing Partner of The Crypto Lawyers and lead counsel to the victims.

    This unprecedented case highlights the scale of harm caused by organized crypto scams and the importance of ensuring that victims are not left behind.

    “This case is not only about recovering stolen funds, it is about restoring dignity and recognition to victims who have endured tremendous loss. For too long, many of these individuals had little hope that their voices would be heard. By identifying over one hundred victims whose assets were laundered through this network, the firm is helping ensure they are not overlooked, but instead given a meaningful chance to be made whole. This represents an important step toward justice in the face of widespread and organized fraud,” said Agustin M. Barbara of The Crypto Lawyers and also lead counsel to the victims.

    Contact Information

    Rafael Yakobi
    Managing Partner – The Crypto Lawyers, PLLC
    rafael@thecryptolawyers.com

    Source: The Crypto Lawyers, PLLC

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  • Bitcoin Weak-Hand Selling Slows: STH-SOPR Reset Hints At Potential Rally Setup

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    Bitcoin (BTC) witnessed a slight surge earlier today, climbing from $113,000 to around $117,000 at the time of writing, in contrast to expectations of several crypto analysts who were predicting a decline in risk-on assets due to the US government shutdown.

    Bitcoin Rises Despite US Government Shutdown

    The US federal government shut down at midnight on September 30, as President Donald Trump and Congress failed to reach a deal on funding. Specifically, the two camps were at odds over enhanced Obamacare subsidies, with neither party willing to take the blame.

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    However, Bitcoin made a surprise move to the upside despite the uncertain environment created by the US government shutdown, recording strong gains earlier today. CryptoQuant analyst Kripto Mevsimi stated that September saw deeper losses among short-term holders (STH), as their Spent Output Profit Ratio (SOPR) fell as low as 0.992.

    As a result, most of September was marked by STH continuing to sell their BTC holdings at a loss. However, the metric recovered slightly to 0.995, although it is still below August’s reading of 0.998.

    The current STH-SOPR reading is showing signs of stabilization after a period of depression. It is interesting to note the timing of this recovery, as it occurred at a time when BTC is trading in the high $110,000 range, slightly below a heavy resistance zone.

    Source: CryptoQuant

    Past data shows two potential scenarios that can happen following such a reset in the STH-SOPR. First, it could be early warning signs of a weakening momentum for BTC, as extended loss realization can precede corrective phases where weak hands capitulate.

    The other, more bullish scenario, is that it could be a healthy reset. Quick absorption of realized losses often paves the way for more sustainable rallies, which could catapult BTC to new all-time highs (ATH) in the near term. The CryptoQuant analyst added:

    With BTC consolidating under resistance, this rebound in STH-SOPR is a key barometer of market health. If buyers continue to absorb weak-hand selling, it could mirror past resets that paved the way for the next leg higher.

    Will BTC Decline In Q4 2025?

    While the dwindling active circulating supply of Bitcoin offers some hope to the bulls, others are not as optimistic. According to recent analysis by fellow CryptoQuant contributor Axel Adler, demand for BTC cooled after it failed to hold above $115,000.

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    Meanwhile, crypto analyst Doctor Profit recently remarked that BTC is likely to experience another 20% decline from its current price, reaching his projected target range between $90,000 – $94,000. At press time, BTC trades at $117,226, up 3.5% in the past 24 hours.

    bitcoin
    Bitcoin trades at $117,226 on the daily chart | Source: BTCUSDT on TradingView.com

    Featured image from Unsplash, charts from CryptoQuant and TradingView.com

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    Ash Tiwari

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  • Could bitcoin and crypto be headed for an end-of-year rally? – MoneySense

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    August and September haven’t been great months for crypto investors, but that’s not necessarily a bad thing because markets need a healthy breather every now and then. Bitcoin (BTC), the largest cryptocurrency based on market capitalization, was down about 6.5% in August, and so far in September has regained only about 3.14% of that drop. 

    A quick look at the BTC price chart below shows that the price of BTC has hovered around the $110,000 mark (all figures in US dollars unless otherwise specified)—plus or minus 10% since May 2025. This is a consolidation, which indicates that for the time being, neither the bulls nor the bears are obvious winners.

    Source: Google Finance as of Sept. 25, 2025

    August and September are typically down months for BTC

    Although months of flat trading can be frustrating for investors, it’s not unheard of and there’s historical precedent for August and September typically being bad for BTC.

    Of the thirteen instances since 2013—because that’s when we have reliable public data on BTC price movements from—August has been red nine times (including 2025) and September has been red eight times until 2024. On average, BTC’s August return over the years has been 1.12% and September’s has been -3.24%. On average, BTC’s best months have been October (up 21.89%) and November (up 46.02%).

    The following table lays out BTC’s monthly return through the years. See the bottom two rows for average (and median) returns in each calendar month.

    Source: Coinglass.com as of Sept. 25, 2025

    Nobody can predict the market accurately based on such historical data, so what can crypto investors learn from this? If you’re bullish on BTC, ethereum (ETH), and other cryptocurrencies, it usually pays to remain invested—especially through October and November—despite the historical bearishness of August and September.

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    We’ve ranked the best crypto exchanges in Canada.

    Is altcoin season over?

    Altcoin season refers to the phase of the crypto market in which alternative coins (those other than BTC) outperform BTC itself in price appreciation. Typically, altcoin season appears at the end of a bull market cycle—the phase we’re probably in right now. I’ve written about altcoin season in an earlier edition of this column a few months ago, when I flagged the possibility of ETH and other cryptocurrencies outperforming BTC in the second half of 2025.

    As the chart below shows, we’re in altcoin season based on the CMC Altcoin Season Index. This index tracks the performance of altcoins relative to BTC over 90 days and assigns a score of 0 to 100, with a score over 70 indicating the outperformance of altcoins relative to BTC.

    Source: Coinmarketcap.com as of Sept. 25, 2025

    The race for altcoin ETFs is on

    The race for altcoin ETFs in the US is on. While altcoin ETFs are already available to Canadian investors, we’re about to see a rush of new altcoin ETFs being launched in the US in the coming months. 

    Recently, on Sept. 25, 2025, the Hashdex Nasdaq Crypto Index ETF announced that they’ll expand their crypto ETF holdings to include XRP, SOL, and Stellar (XLM). The inclusion of these altcoins will create the first truly multi-crypto ETF in the US. This is a sign of things to come. 

    While 2024 was the year for BTC ETFs, 2025 is the year for ETH and other altcoin ETFs. We could see a slew of altcoin ETFs being launched in the US as a result of the streamlining of listing rules by the US Securities and Exchange Commission (SEC). As reported by Reuters, these streamlined SEC listing rules (applicable to crypto ETFs), would reduce the approximate listing time from about 240 days to just 70 days.

    Canadian investors searching for a multi-crypto ETF with exposure to BTC and altcoins can consider these two ETFs—both of which trade on the Toronto Stock Exchange (TSX).

    ETF name Ticker symbol Exchange Currency options Portfolio Net assets MER
    Evolve Cryptocurrencies ETF ETC Toronto Stock Exchange (TSX) CAD and USD BTC (74.1%)ETH (14.6%)XRP (7%)SOL (4.2%) $84.31 million (CAD) MERs of underlying funds applicable*
    CI Galaxy Multi-Crypto Navigator ETF CMCX Toronto Stock Exchange (TSX) CAD and USD ETH (35.6%)SOL (23.5%)BTC (10.5)Cash and equivalents (30.3%) $5.54 million (CAD) 1.04%
    *ETC has four underlying ETFs as its holdings. While ETC itself has a 0.0% management fee (MER), the underlying ETFs held by ETC will incur management fees and other costs. As of September 2025, three of the four underlying ETFs have a MER of 0.75%, while the fourth has a MER of 0.0% until Dec 31, 2025, post which its MER will be 1%.

    Source: Data for each ETF was gathered from the ETFs’ respective websites as of Sept. 25, 2025

    Crypto price swings are common

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

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    Aditya Nain

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  • Barron Trump’s Fortune Tops Melania’s, Thanks to Crypto Investments

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    Like his father and grandfather before him, Barron Trump seems to have a keen business sense. The son of Donald Trump and Melania Trump is enjoying a particularly lucrative 2025: at just 19 years of age, the youngest member of the Trump clan now has a larger fortune than his own mother, thanks to cryptocurrencies.

    Due to the sale of tokens, Barron’s fortune has jumped by $80 million in recent months and now totals $150 million, according to Forbes. On top of this, he is said to hold almost 2.3 billion tokens, which he could resell for $525 million.

    The first of the Trump clan to take an interest in the cryptocurrency market, Barron convinced his family to set up his own company in the field, World Liberty Financial, which came into being at the end of 2024. Barron spent his summer “meeting with business partners” and “striking deals,” writes People, before quietly resuming classes at New York University’s Washington, DC campus.

    Donald Trump’s second term in the White House has largely benefited his children, writes Forbes. In one year, Donald Trump Jr. added a zero to his fortune, which now totals $500 million. The cryptocurrency market and various contracts signed, including some in Qatar, have been even more beneficial for Eric Trump, who has seen his bank account grow from $40 million to $750 million over the same period. Ivanka Trump, for her part, is said to have $100 million—which is trifle, compared with the billion dollars held by her husband, Jared Kushner, a businessman specializing in real estate.

    The man who has benefited most from buying and selling cryptocurrencies remains the President of the United States. His investments earned him two billion dollars, out of the three billion in profits he made over the year. Jumping 70%, his fortune now stands at $7.3 billion. The Republican moves up 118 places in the Forbes 400 ranking (listing the richest men in America) to the 201st position.

    For her part, Melania has a wallet worth $20 million, which has grown thanks to “classic means for a First Lady (books, conferences, documentaries),” the media outlet notes. Not to be left unmoved by the promise of cryptocurrency, she has launched her own meme coin, $MELANIA, a speculative token whose aesthetic is based on a meme and whose value is decided by buyers. Listed on the stock exchange, its value is estimated at $200 million.

    Originally appeared in Vanity Fair France.

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    Séraphine Roger

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  • Bitcoin And Ethereum Defy Price Slump With Strong Exchange Outflows

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    The crypto market faced in recent months, as both Bitcoin and Ethereum broke below important support levels. Bitcoin broke below $110,000, while Ethereum also slipped under $4,000. This downturn triggered billions in liquidations and pushed the Fear and Greed Index into fear territory.

    However, data from on-chain analytics platform Sentora (formerly IntoTheBlock) reveals that accumulation is quietly underway. Despite the price declines, exchange outflows for both assets have remained strongly negative.

    Related Reading

    Key Weekly Metrics

    An extended decline carried over from the previous week saw the Bitcoin price falling below $110,000 with increasing selling pressure and liquidations of leveraged positions. However, despite this sharp move to the downside, on-chain data illustrates an interesting different trend occurring beneath the surface of the volatility. According to figures provided by the on-chain analytics platform Sentora, more than $5.75 billion worth of BTC flowed out of centralized exchanges over the course of the week.

    This outflow, although small compared to periods of strong bullish action, shows a lingering investor conviction, especially among some investors that might be taking advantage and buying the dip. 

    Ethereum’s price movement over the same period was even more pronounced than that of Bitcoin. The price crash saw the leading altcoin break down beneath the psychologically significant $4,000 support level and proceed to briefly test lower zones around $3,850. Still, despite the depth of this decline, the exchange flow data makes it clear that the bearish price action did not manage to deter accumulation activity across the network.

    BTCUSD now trading at $109,585. Chart: TradingView

    Over $3.08 billion worth of ETH exited exchanges during the week, which serves as evidence of a continued willingness among investors to steadily accumulate Ethereum, even in the face of short-term losses and market pressure.

    Outflows Drive Exchange Balances To Multi-Year Lows

    Interestingly, Ethereum last week’s outflows ties into a notable trend that has been developing in recent months. Data shows that Ethereum’s total supply on exchanges has dropped to just 14.8 million ETH, its lowest level since 2016. Much of this supply has been redirected into staking, long-term cold storage, and DeFi protocols, which have all led to a drastic decline in the ETH on trading platforms.

    ETH balance on exchanges. Source: Glassnode

    Data from a CryptoQuant Quicktake post by contributor CryptoOnchain adds further weight to this trend of heavy outflows. Between August and September 2025, Ethereum’s 50-day Simple Moving Average (SMA) netflow dropped below -40,000 ETH per day, the lowest level seen since February 2023. This persistent negative netflow shows that investors have been steadily shifting their ETH away from exchanges and placing it into staking, cold storage, or other long-term holding options. “Lower exchange balances equals reduced short-term supply,” the analyst said.

    Ethereum Exchange Netflow

    Related Reading

    At the time of writing, Bitcoin was trading at $109,585, while Ethereum traded at $4,011.

    Featured image from Unsplash, chart from TradingView

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    Scott Matherson

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