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Tag: Cryptocurrency

  • Dogecoin Is Sitting On A Powder Keg: Here’s The Explosion That Will Send Price To $1.3

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    Dogecoin’s price action is working on a rebound after hitting $0.222 in the past 24 hours. Zooming out into a larger timeframe shows the price structure on the weekly timeframe is pointing to an explosive breakout is in the making. Technical analysis shows that the meme coin, which has already shown it can deliver extraordinary rallies, is now sitting on a powder keg that will send it to new all-time highs. Particularly, technical projections indicate that if the current trend continues, Dogecoin could surge to $1.30.

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    Pattern Repetition Points To $1.3 Target

    The first interesting chart observation focuses on how Dogecoin rallies unfold in repeating waves of expansion. This analysis, which was posted on the social media platform X by 

    Kamran Asghar, shows how Dogecoin has been following a repeating structure in the weekly candlestick timeframe chart. 

    In late 2023, the Dogecoin price broke out of consolidation with a 300% surge, followed by another wave in 2024 that delivered a 500% rally from trendline support to resistance. Each cycle began with a bounce from the ascending white trendline shown on the weekly chart below, which has consistently acted as the backbone of Dogecoin’s long-term uptrend.

    Now, the pattern is setting up for what could be an 800% rally, highlighted in the green projection box on the chart below. This move, if completed, would see the Dogecoin price rallying past its current all-time high of $0.7316 and finally breaking above the $1 price level. Particularly, the projection puts Dogecoin rallying more than 800% to reach a price target around $1.30.

    Chart Image From X: Kamran Asghar

    Dogecoin Bullish Channel Still Intact Since 2021

    Another technical analysis looks at a broader view of Dogecoin’s performance over the last four years. Price action on the weekly timeframe is plotted within a colored channel system, starting from the 2021 breakout, as shown in the chart below. The lower orange line has consistently acted as support, while the green midline has worked as a pivot point. Lastly, the upper blue line is serving as resistance.

    DOGEUSD currently trading at $0.23. Chart: TradingView

    At the time of writing, Dogecoin is trading around $0.23, and this is just between the green midline and the orange support, meaning the bullish structure is still playing out. According to analyst KrissPax, who posted the technical analysis on the social media platform X, Dogecoin is still on track to keep moving to the upper band of the channel, which is marked in blue. Reaching this upper band would put the meme coin in the $0.70 to $1.00 range and retesting its all-time high in 2021. However, in this case, the first step would be to break above the green midline, which is currently around $0.4.

    Chart Image From X: KrissPax

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    Meanwhile, Dogecoin is trading at $0.23, up by 1.1% in the past 24 hours. Investors are awaiting the SEC’s approval of a Spot Dogecoin ETF.

    Featured image from Pixabay, chart from TradingView

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    Scott Matherson

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  • XRP Price Is ‘Firing On All Cylinders’ As Super Rare Bullish Setup Emerges

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    The cryptocurrency market remains in disarray following widespread declines, yet the XRP price continues to attract the attention of analysts who maintain an optimistic outlook. One expert noted that XRP has just printed a rare and bullish setup, with multiple chart indicators aligning in support of upward momentum.

    XRP Price Forms Rare Multi-Layered Bullish Setup

    According to crypto market expert Bobby A, XRP is in a rare market position, consolidating above key historical levels while preparing for a move that could lead to new all-time highs. He noted that different indicators are aligning in support of a possible uptrend.  

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    In a chart shared on X social media, Bobby explained that XRP’s market capitalization has been holding above its 2018 peak for more than 300 days, an uncommon show of strength amid the recent downturn. This long consolidation above a major resistance-turned support level suggests a massive build-up of energy before the next leg higher. He argues that this base formation signals a potentially explosive move to the upside, with the next market cap targets identified at $173 billion and a peak around $727 billion.

    On the price front, Bobby reveals that XRP has been forming a multi-month bullish flag pattern on its charts. He labels the critical support zones as “Base Camp 1” around $1.9 and “Base Camp 2” at $2.89—both of which have been successfully defended. He further highlighted that the monthly Relative Strength Index (RSI) is also positioning itself for one final push toward overbought territory, often a precursor to a sharp upward move. Based on his projections, XRP’s take profit zones sit between $5 and $13, levels that would mark fresh all-time highs.

    Bobby’s analysis highlights that XRP’s indicators are “firing on all cylinders,” with momentum across higher timeframes aligning for a potentially powerful surge. He further pointed out that Bitcoin Dominance (BTC.D), currently at 58.7%, is set to retrace toward the mid-to-low 40% zone soon. Such a move would enable altcoins like XRP to capture a larger market share, thereby reinforcing the likelihood of a bullish breakout. The analyst described this rare alignment as a generational setup that occurs only a few times in a decade.  

    Bearish Divergence Sparks Short-Term XRP Sell-Off

    While XRP appears to be resisting the present market downturn, not all analysts share an immediate bullish sentiment. Crypto expert JD has warned about a Bearish Divergence forming on XRP’s weekly chart—a signal that has now played out as expected. 

    XRP currently trading at $2.77. Chart: TradingView

    As shown in the chart, while XRP’s price made higher highs, the RSI indicator printed lower highs, creating a textbook Bearish Divergence pattern. This divergence has already led to a sharp 27% correction from the $3.37 take profit level that JD had previously identified. According to him, many market participants are now questioning why XRP has been under pressure despite broader optimism. 

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    JD argues that the Bearish Divergence was the clearest warning signal, and those who ignored it are now witnessing its full effect. He cautions that while XRP may still avoid a deeper breakdown into the “grey box” supply zone, the short-term trajectory remains bearish until momentum resets. 

    Featured image from Unsplash, chart from TradingView

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    Scott Matherson

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  • Ethereum Drops Below $4,000 – Analyst Points To 6 Factors Fueling The Selloff

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    Earlier today, Ethereum (ETH) slid below the psychologically important $4,000 level for the first time since August 8. The fall in ETH’s price can be attributed to a mix of macroeconomic, structural, and crypto-specific factors.

    Ethereum Dips Below $4,000, Analyst Explains Why

    According to a CryptoQuant Quicktake post by contributor Arab Chain, ETH’s latest descent below $4,000 can be blamed on a complex mix of factors. First, a strong US dollar, coupled with the Federal Reserve’s (Fed) cautious stance following its September rate cut, dampened risk appetite.

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    Furthermore, rising bond yields and the increasing risk of a US government shutdown have spooked investors, discouraging them from investing in risk-on assets, including cryptocurrencies like ETH.

    Second, the analyst points to the role of leverage in ETH’s latest dip. On September 22, more than $500 million in ETH longs were wiped out within 24 hours, resulting in the unwinding of high leverage that was building up in Q2 2025. During the sell-off, ETH whales faced close to $45 million in forced sales.

    In addition, low weekend trading volume and shallow order books enhanced ETH’s price swings. Notably, institutional investors turned to OTC redemptions, following the Fed meeting to reduce their exposure to ETH.

    From a technical perspective, ETH failed to decisively break through the stiff resistance near $4,500 – $4,600. Failure to defend the $4,200 support worsened things for ETH, turning the momentum sharply bearish.

    The fifth reason was regulatory headwinds surrounding digital assets, especially the uncertainty around MiCA in the EU and US crypto legislation. ETH exchange-traded fund (ETF) outflows worth $76 million weighed on investor sentiment.

    Finally, a surge in validator exit queues and reduced staking inflows weakened natural buy-side support. Other factors, such as seasonal weakness and Bitcoin’s (BTC) rising dominance in the market, contributed to ETH’s sell-off. Arab Chain concluded:

    While this correction reflects structural positioning and macro forces rather than a broken thesis, volatility may persist until liquidity returns and regulatory clarity improves.

    Will ETH Stage A Recovery?

    While the momentum is against ETH currently, some analysts are optimistic about a turnaround in ETH’s fortunes in the coming months. For instance, ETH’s CME futures open interest is inching closer to new highs, setting a new potential target for ETH of $6,800 by the end of 2025.

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    Similarly, the surge in ETH contracts throughout the year has some analysts convinced that the digital asset may soon embark on a rally to $5,000. ETH’s illiquid supply could further propel it to new highs.

    In his latest analysis, crypto commentator Ted Pillows predicted that the increase in global M2 money supply could pave the way for $20,000 ETH. At press time, ETH trades at $3,959, down 3.6% in the past 24 hours.

    Ethereum trades at $3,959 on the daily chart | Source: ETHUSDT on TradingView.com

    Featured image from Unsplash, chart and TradingView.com

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    Ash Tiwari

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  • Fintrac issues largest-ever $20M penalty against KuCoin operator – MoneySense

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    Fintrac says Peken Global failed to register with Fintrac as a foreign money services business, failed to report large virtual currency transactions, and failed to submit suspicious transaction reports. Agency director and CEO Sarah Paquet said in a statement that the rules are in place to protect Canadians and the economy, and that Fintrac works with businesses to help them understand and comply with their obligations. “We are also firm in ensuring that businesses continue to do their part and we will take appropriate actions when they are needed,” she said.

    KuCoin said it strongly disagrees with the agency’s findings and penalty, and maintains that it should not be classified as a foreign money services business. “We disagree with this decision on both substantive and procedural grounds, and we have pursued all available legal avenues to ensure a fair outcome for KuCoin,” said chief executive BC Wong, in a statement. “As always, we remain fully committed to transparent operations and compliance with all applicable laws.”

    KuCoin’s troubles extend beyond Canada, with major U.S. penalties

    The failures include almost 3,000 transactions of over $10,000 the company should have reported between June 1, 2021, and May 8, 2024, in what Fintrac classified as a minor violation.

    The watchdog says the company also failed in 33 cases to report transactions where there were reasonable grounds to suspect they were related to money laundering or terrorist financing, in what it categorized as severe non-compliance or a very serious violation, and said represents a loss of critical information. The suspicious cases included transactions between Peken Global Ltd. and large dark web or illegal digital marketplaces suspected of facilitating harmful cyber activities in Canada and the sale of illegal goods and services, the agency said.

    It’s not the first time the company has run into trouble with authorities. The company pleaded guilty in January to operating an unlicensed money transmitting business in the United States and agreed to pay penalties totalling more than US$297 million, the U.S. Attorney’s Office said. The U.S. settlement also included the company agreeing to leave the U.S. market for at least two years and for two of KuCoin’s founders to no longer have any role in the company’s management or operations. 

    KuCoin was founded in 2017 and says it serves users across more than 200 countries and regions. 

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  • Texas brothers accused of stealing $8M in crypto from Twin Cities area family they allegedly kidnapped

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    One day after charges were filed at the state level against two brothers from Texas who are accused of kidnapping and robbing a Minnesota family, federal officials announced their own charges against the duo. 

    Acting U.S. Attorney Joseph Thompson announced the new charges Thursday. He says 23-year-old Raymond Christian Garcia and 24-year-old Isiah Angelo Garcia each face a charge of kidnapping for an incident last Friday in Grant, Minnesota, where a total of $8 million in cryptocurrency was stolen. 

    The ordeal lasted about nine hours, starting shortly before 8 a.m. Friday, when the victim was ambushed by the brothers while taking the garbage out. Documents say they were each holding a gun at that time. 

    During the kidnapping, court documents allege one of the victims was forced to log into his cryptocurrency account at gunpoint by Isiah Garcia and transferred $36,000 to an unknown account. At the same time, federal court documents say the brother was on the phone with someone who alerted him to another account. 

    That’s when the complaint says that the same victim was forced to drive to the family’s cabin with Isiah Garcia, where another hard drive-style wallet was located. The victim was again forced to log in and transfer additional funds to an unknown account. 

    While the victim drove to and from the cabin with Isiah Garcia, Raymond Garcia stayed behind with the two other family members. He allegedly held them hostage, zip-tied and lying on the floor, with an AR-15-style rifle. That was after the brothers woke them up at gunpoint. 

    Authorities say both of the brothers are expected to make their initial appearances in federal court on Thursday. Meanwhile, at the state level, each brother is charged with three counts of using a firearm to kidnap a person, three counts of first-degree assault during a burglary with a firearm and one count of first-degree robbery using a firearm. 

    Once he was arrested, federal authorities say Isiah Garcia confessed to driving from Texas to Minnesota with his brother, holding the family hostage at gunpoint and forcing the victim to drive them to a cabin. During a search of their home, authorities say phones, computers, gags, clothing and gun cases were found, but no cryptocurrency. 

    FBI Special Agent in Charge Alvin Winston Sr. called the incident “brazen,” adding his office will work with other law enforcement partners in the state, in Texas and at the federal level. 

    Activity from law enforcement agencies searching for the brothers last week caused Mahtomedi High School to cancel its homecoming football game. Bloomington’s Kennedy High School on Monday forfeited its scheduled game against Mahtomedi. 

    “A violent kidnapping that stole $8 million and silenced a homecoming game is not just a crime. It is a blow to the sense of safety of everyone in Minnesota. This is not normal. Minnesotans should not accept wild violence and thievery as normal. Every Minnesotan deserves to live in peace and a life unaffected by rampant crime,” said Thompson. 

    Note: The above video aired on Sept. 24, 2025. 

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    Krystal Frasier

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  • Melee Lands $3.5M in Financing in Bid to Refresh Prediction Markets

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    Posted on: September 25, 2025, 12:41h. 

    Last updated on: September 25, 2025, 01:01h.

    • Startup prediction markets firm raised $3.5 million from multiple investors
    • Company wants to roll out “viral” prediction markets

    Melee, an upstart prediction markets firm, raised $3.5 million from several investors — financing that could support the company’s efforts to refresh the event contracts proposition.

    Melee
    A Melee logo. The prediction markets upstart raised $3.5 million. (Image: X)

    Various angel investors, as well as DBA and Variant, participated in the funding round, which was classified as a preseed raise. Melee’s goal is to take prediction markets beyond the centralized nature of behemoths like Kalshi and Polymarket, empowering users to create their own markets. Typically, the event contracts offered by the largest exchanges in the space are set by the operators, not users.

    Melee is a permissionless prediction platform built to scale like the Internet,” according to a recent X post by the company. “Anyone can make a market about anything (fact or opinion).”

    The company is positioning itself as the “next evolution of prediction markets”, tapping into the creator-driven, limitless potential of the internet. Melee calls it “viral markets.”

    Melee Confirms Investor Appetite for Prediction Markets

    Currently, Melee is in waitlist mode as highlighted on its website, but the youthful event contracts firm is the latest to prove an important thesis: investors are enthusiastic about prediction markets and they’re willing to allocate capital to that effect.

    Capital raises this year by giants Kalshi and Polymarket have reached into nine figures, pushing valuations on those companies to an estimated $5 billion and $9 billion, respectively. Not even nine months into the year, prediction markets have raised a total of $216 million, more than doubling the 2024 tally.

    One of the primary reasons professional investors are rushing to back yes/no exchanges is the industry’s ties to cryptocurrency. Melee checks that box because it runs on the Solana blockchain. DBA, one of the participants in Melee’s preseed capital raise, is a New York-based crypto investment firm.

    Power to the People

    There are examples of viral internet phenomena reaching into traditional prediction markets, but that’s not the typical operating methodology for those companies. Rather, operators like Kalshi and Polymarket lean heavily into contracts tethered to economic data, financial assets, politics, and sports.

    Melee is looking to shake things up by empowering creators. The company promises creators will have access to a durable revenue model free of reputational risk. Said another way, Melee creators will be incentivized to positively engage with traders, and if the former are effective in that pursuit, they’ll generate revenue.

    “Combining this creator incentivization structure with viral price mechanics unlocks real-time viral markets. Much like the phenomenon of meme tokens, creators will naturally compete to make markets about cultural events as they happen, leading to better and more creative markets at scale,” according to an X post by the company.

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    Todd Shriber

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  • All-Time Highs For Gold, S&P500; Crypto Stands Alone In The Red – What’s The Root Cause?

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    Crypto markets have recently faced renewed challenges, despite a brief resurgence following the US Federal Reserve’s (Fed) rate cut that initially propelled Bitcoin (BTC) back toward the $120,000 mark. 

    This week, however, Bitcoin has dropped to the lower end of its established consolidation range, fluctuating between $110,000 and $115,000. Analysts from The Bull Theory have pinpointed several factors contributing to this downturn.

    How Fed Policies And QT Are Impacting Crypto

    One of the primary reasons for the current situation is the ongoing capital flow favoring traditional assets. In the wake of rate cuts, institutional investors tend to channel their funds into stocks and gold first, as these are considered high-liquidity assets with a proven track record. 

    In contrast, cryptocurrencies, particularly altcoins, often find themselves at the end of the liquidity pipeline. They typically see price increases only when risk appetite broadens significantly among investors.

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    Additionally, liquidity remains tight in the crypto space, despite the Fed’s recent actions. While the central bank cut rates in September, other variables are restricting the flow of capital into cryptocurrencies. 

    Quantitative tightening (QT) is still being implemented, with the Fed actively reducing its balance sheet. Moreover, the US Treasury is absorbing liquidity through the replenishment of the Treasury General Account (TGA), and money market funds are currently holding over $7.7 trillion in cash that remains largely idle. 

    This lack of liquidity means that any spillover effect into the crypto market will be limited, resulting in a slower rotation of capital into digital assets.

    Cyclical Trends Suggest Potential Rebound

    The macroeconomic patterns observed in September 2024 are also reemerging. Last year, following a rate cut, Bitcoin surged past $60,000, while Ethereum (ETH) and other altcoins enjoyed significant gains. However, this was followed by a sharp decline, with Bitcoin dropping 11% and Ethereum experiencing an even steeper fall. 

    In a similar vein, this September has seen Bitcoin hover around $112,000 after briefly touching $118,000, while Ethereum has slipped from $4,600 to approximately $4.1,00. 

    This cyclical pattern suggests that crypto may be primed for a rebound, but only after a period of consolidation and confirmation. Moreover, the impending expiry of options contracts for Bitcoin and Ethereum is adding another layer of volatility to the market. 

    Stablecoin Movement And Institutional Inflows

    Another factor impacting the market is the supply and velocity of stablecoins. While the total supply of stablecoins has surged from $204 billion in January to $308 billion in September—an all-time high—the velocity of these assets is not keeping pace. 

    The analysts have identified that much of this capital remains inactive, either sitting idle, bridged, or utilized off-exchange. Until stablecoin velocity increases, the price impact on cryptocurrencies is likely to remain subdued.

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    Looking ahead, historical trends suggest that although crypto may be lagging in the short term, they often follow traditional assets with significant gains once the market stabilizes. 

    In the aftermath of all-time highs in equity markets, Bitcoin has previously averaged a 12% increase within 30 days and a remarkable 35% over 90 days. Notably, following the Nasdaq’s all-time highs, Bitcoin surged by an impressive 46% in the same 90-day timeframe.

    For crypto markets to regain their momentum, active movement of stablecoins is essential, along with a cooling off of derivatives trading and substantial purchases from institutional investors and exchange-traded funds (ETFs).

    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 

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    Ronaldo Marquez

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  • I Fell for a $1.25 Million Scam — Now MrBeast Is Helping Me Hunt Down the Scammers | Entrepreneur

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    Opinions expressed by Entrepreneur contributors are their own.

    This is hard to admit, but I got scammed out of $1.25 million.

    The money is gone, and I can’t get it back. But instead of hiding, I’ve decided to share my story. My recent post on X about the $1.25 million scam went viral with more than 4 million views and thousands of reposts and comments.

    MrBeast even chimed in that he would give a $100,000 reward to anyone who could help track down the scammers.

    Now that I’ve had even more time to process the situation, I think it’s time to share the lessons I’ve learned from my $1.25 million mistake.

    How it began

    A few years ago, I donated $1.2 million to MrBeast’s #TeamSeas campaign to help clean up the oceans. After the donation, I was invited to spend a few days with Jimmy (MrBeast) and his team.

    So, when they reached out to me again for a donation to MrBeast’s Team Water campaign, I naturally wanted to help. During the discussion, we even talked about planning another meet-up.

    A few weeks after I donated $1 million to the project, I was added to what looked like a private group text with other major donors; it didn’t feel out of place at all. In fact, it seemed like the natural next step.

    The group looked legitimate. The names were impressive: Mark Rober, Shopify’s Tobi Lütke, Stake’s Ed Craven, Adin Ross. There was banter, casual voice notes and even more talk about the donor trip. It all lined up with what I’d been expecting — and I felt like I was in the “cool crowd.”

    Then came the pitch: a crypto investment tied to a major exchange. Everyone in the group “joined.” I didn’t want to be the outsider. So I wired the money. $1.25 million.

    Later, I checked in with the real Jimmy and felt my stomach drop. The group text was fake. My money was gone.

    Related: The 3 Biggest Mistakes That Made Me a Better Entrepreneur

    Lesson 1: Don’t make big decisions when you’re distracted

    When the scam was unfolding, I was away at a retreat that I’d been planning all year. This was terrible timing for me, but perfect for the scammers.

    I was relaxed and in the completely wrong headspace for any major decisions. My guard was down, and I was the perfect target.

    Having reviewed the texts afterward, I see several red flags that would have given me pause any other day. However, I was distracted and made a rash decision.

    Tip: Don’t make major decisions when you’re distracted, traveling or emotionally charged. Give yourself the space and energy to sit with the choices and only make a decision with a clear head.

    Lesson 2: Listen to reality, not the story you’re telling yourself

    When I was added to the text group, I honestly wanted it to be real. I’d talked with MrBeast’s team previously about planning a trip, and my brain connected the dots, telling me this was all part of the plan.

    This also had me overlooking red flags. I didn’t verify the phone numbers, and I didn’t double-check anything. I trusted what I wanted to be true instead of what the evidence showed. I was naive, and it cost me $1.25 million.

    Entrepreneurs make this same mistake all the time. We fall in love with our product, our marketing strategy or our “next” big idea. When our customers and data tell us otherwise, we often struggle to accept that reality and continue pushing what we want instead of what is right.

    Tip: Don’t fall in love with the story you tell yourself. Trust the data, trust what your customers are telling you, and be willing to adjust or pivot.

    Lesson 3: Don’t be afraid of mistakes — share them

    This was easily the most embarrassing mistake of my life. I’m a successful entrepreneur, and I made more than $50 million before 30 — being scammed was not supposed to happen to me.

    But, it did.

    The easiest way to deal with this mistake would be to hide it. But, I didn’t.

    Instead, I shared it. First with my family and close friends, then publicly online. The responses ranged from “idiot” to “martyr,” but overwhelmingly, people appreciated the honesty. Some even admitted they’d been scammed too, but had never told anyone.

    And then something unexpected happened: MrBeast himself spoke up. He offered a $100,000 reward for credible information leading to the scammers.

    Sharing reframed the story. From personal embarrassment to a community problem worth solving.

    Tip: Don’t hide from your mistakes. Own them, talk about them, and turn them into lessons others can learn from.

    Related: Beware of SEO Scammers — Here’s How to Spot and Avoid Mediocre SEO Agencies

    Final thoughts

    I’ll never see the $1.25 million I lost again. But I can use it as the most expensive learning experience of my life.

    If you take nothing else from my story, take these:

    1. Don’t make important decisions while distracted.
    2. If it’s too good to be true, it probably is.
    3. Don’t be afraid to talk about your mistakes.

    If you’re curious about how this scam actually played out, I’ve made everything public. On Great.com, we’ve posted the full chat logs, the wallet addresses and even the phone numbers tied to the scammers. You can see exactly what I saw — and if you spot something that could help track them down, you could earn the $100,000 reward from MrBeast.

    This is hard to admit, but I got scammed out of $1.25 million.

    The money is gone, and I can’t get it back. But instead of hiding, I’ve decided to share my story. My recent post on X about the $1.25 million scam went viral with more than 4 million views and thousands of reposts and comments.

    MrBeast even chimed in that he would give a $100,000 reward to anyone who could help track down the scammers.

    The rest of this article is locked.

    Join Entrepreneur+ today for access.

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    Erik Bergman

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  • Here’s the Key to Boosting Mainstream Blockchain Adoption | Entrepreneur

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    Opinions expressed by Entrepreneur contributors are their own.

    For all the hype around blockchain, many enterprises remain hesitant to make the leap. The hesitation is not about whether blockchain has potential. It is about risk. Most blockchain projects today require committing to a single chain, which is placing a long-term bet on a rapidly shifting market. If the chosen chain fails, becomes too expensive to operate on or is outpaced by competitors, that investment could quickly unravel.

    The result is that countless pilots never progress to full-scale deployment. Enterprises stall, developers burn time rewriting code, and innovation slows. Since 2021, over $2.8 billion has been lost to exploits on bridges that were meant to connect ecosystems, highlighting just how fragile current “interoperability” solutions are. Instead of accelerating adoption, fragmentation and lock-in have become two of the biggest barriers holding back blockchain.

    Related: Mass Adoption of Blockchain Technology by Entrepreneurs? Major Challenges Are Involved.

    The real cost of chain lock-in

    Single-chain strategies create hidden costs that compound over time. When enterprises commit to a single blockchain, they inherit not only its current limitations but also all its future uncertainties. Gas fees can spike unexpectedly, making operations prohibitively expensive. Network congestion can degrade user experience at critical moments. Regulatory changes can force sudden pivots that require months of redevelopment.

    Consider the enterprises that built exclusively on Ethereum during the 2021 bull run, only to watch transaction costs soar above $100 per interaction. Many were forced to halt operations or scramble to migrate to alternative chains, burning resources that could have been invested in product development instead. This pattern repeats across the industry: promising projects derailed not by market conditions or product-market fit, but by the technical constraints of their chosen blockchain.

    Why interoperability matters

    True interoperability solves this problem by eliminating the false choice between chains. When applications can run across ecosystems without constant rewrites or risky workarounds, the cost and complexity of blockchain projects drop dramatically. Enterprises gain the flexibility to meet users wherever they are. Developers can focus on building products rather than spending months learning the quirks of every individual chain.

    This approach also future-proofs investments. As new chains emerge with improved performance or specialized features, interoperable applications can expand to capture those benefits without having to start from scratch. The question shifts from “Which chain will win?” to “How can we leverage the best of each ecosystem?”

    This principle of building once and deploying everywhere is what will bring blockchain out of experimental silos and into mainstream business adoption.

    What enterprises gain

    For enterprises, interoperability is not a “nice to have” but a strategic necessity. By ensuring projects can operate across multiple chains, organizations avoid being locked into a single ecosystem. They can adapt as regulations shift, new technologies emerge or user bases migrate between platforms. This flexibility is essential for long-term planning and scalability.

    Interoperability also enables enterprises to optimize for specific use cases. A company might use Ethereum for high-value transactions requiring maximum security, Solana for high-frequency trading applications and Cosmos for specialized financial instruments. With true cross-chain capability, these aren’t separate projects but components of a unified strategy.

    Related: Union Founder Karel Kubat Talks Interoperability And Trustless Bridges At TOKEN2049 Dubai

    What developers gain

    For Web2 developers exploring blockchain, interoperability removes a major barrier to entry. Instead of needing to master each chain’s programming languages, development tools and architectural quirks, they can build using familiar workflows and established patterns. This reduces ramp-up time from months to weeks, accelerates product delivery and allows developer teams to focus on user experience and functionality rather than protocol minutiae.

    The productivity gains are substantial. Teams can prototype on one chain, scale on another and optimize across multiple ecosystems without rewriting core business logic. This approach lets developers leverage their existing skills while gradually building blockchain expertise, making the transition more manageable and less risky.

    The bigger picture

    At an industry level, interoperability will unlock the full potential of tokenized assets, decentralized finance and blockchain-based products across ecosystems. It will accelerate time to market from months to days, reduce integration costs and open doors for enterprises that have remained on the sidelines due to technical complexity.

    The network effects are powerful. As more applications become interoperable, the overall ecosystem becomes more valuable to users, who no longer face the friction of managing multiple wallets, bridges and interfaces. This seamless experience is crucial for mainstream adoption.

    Actionable steps for business leaders

    For blockchain to deliver real value, leaders must treat interoperability as a core requirement rather than an afterthought. Here are concrete steps to get started:

    • Set interoperability as a non-negotiable requirement when evaluating blockchain vendors, platforms or responding to RFPs. Ask specific questions about cross-chain capabilities during the selection process.

    • Plan around business outcomes such as time to launch, user reach and cost efficiency, instead of tying success metrics to performance on a single chain.

    • Encourage developers to design for portability from day one, ensuring projects can evolve as the ecosystem changes and new opportunities emerge.

    • Hold partners accountable by asking detailed questions about how their frameworks support cross-chain expansion and prevent vendor lock-in scenarios.

    • Start small but think big by launching pilots that demonstrate interoperability benefits before committing to large-scale deployments.

    Related: Heading Toward a Multichain World

    The way forward

    Blockchain’s potential is not in doubt, but its adoption has been slowed by fragmentation and technical barriers that force unnecessary trade-offs. Interoperability addresses both challenges by giving enterprises and developers the freedom to build comprehensive solutions rather than fragmented, experimental solutions.

    By embracing the principle of building once and deploying everywhere, organizations can finally move beyond the limitations of individual chains and focus on what truly matters: delivering products and services that create measurable value for users and stakeholders.

    Those who embrace interoperability today will be best positioned to capture tomorrow’s opportunities as blockchain evolves from an experimental technology to an essential infrastructure.

    For all the hype around blockchain, many enterprises remain hesitant to make the leap. The hesitation is not about whether blockchain has potential. It is about risk. Most blockchain projects today require committing to a single chain, which is placing a long-term bet on a rapidly shifting market. If the chosen chain fails, becomes too expensive to operate on or is outpaced by competitors, that investment could quickly unravel.

    The result is that countless pilots never progress to full-scale deployment. Enterprises stall, developers burn time rewriting code, and innovation slows. Since 2021, over $2.8 billion has been lost to exploits on bridges that were meant to connect ecosystems, highlighting just how fragile current “interoperability” solutions are. Instead of accelerating adoption, fragmentation and lock-in have become two of the biggest barriers holding back blockchain.

    Related: Mass Adoption of Blockchain Technology by Entrepreneurs? Major Challenges Are Involved.

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    Wesley Crook

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  • XRP Needs To Defend $2.98 Support To Avoid Deeper Correction – Details

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    XRP has failed to maintain bullish momentum after pushing as high as $3.13 during the week. At the time of writing, XRP is trading around $3.00 and testing its resilience above this level after sliding alongside Bitcoin. The resulting price action is a defining moment for XRP’s short-term trend, according to technical analysis, and crypto analyst CasiTrades has pointed out a decisive support level that could determine whether the bullish structure remains intact.

    Related Reading

    XRP Tests $2.98 Support Zone

    Taking to the social media platform X, crypto analyst CasiTrades highlighted an important support level that XRP must hold in order to continue its bullish momentum. According to CasiTrades, XRP’s most immediate challenge is at the $2.98 support line. 

    The analyst’s technical analysis outlines an Elliott Wave formation now unfolding into an ABC corrective pattern. The analysis unfolds XRP’s price action since the beginning of September into Elliot Waves and suggests that XRP is now playing out Wave 4, which is a corrective wave divided into an ABC pattern. 

    Although XRP is still holding above $2.98, momentum indicators such as the RSI on both the one-hour and four-hour timeframes show no bullish divergence, often a necessary condition for reversal. This puts the $2.98 level in the spotlight, and a break below it could increase the likelihood of further downside pressure.

    The analysis highlights the possibility of corrective Wave C extending below $2.98 towards Fibonacci retracement levels near the low $2.90s. The measured C wave extension points to the 0.618 Fib retracement, which is around $2.92 and $2.94. 

    XRPUSD now trading at $2.98. Chart: TradingView

    Interestingly, the 15-minute chart does reveal a short-term bullish divergence, offering a small window for relief bounces. However, without confirmation on the higher timeframes, such reactions are likely to remain temporary. The broader outlook, as outlined by the analyst, still leans toward the probability of another downward wave unless buyers step in strongly at $2.98 to restore confidence and preserve the larger bullish structure.

    Chart Image From X: CasiTrades

    Implications If XRP Holds Above $2.98

    If buyers manage to hold above $2.98, XRP could stabilize and enter a consolidation phase that will create a foundation for the next leg higher. This consolidation would give the XRP price the breathing room it needs for an eventual upward attempt, one that would mark the beginning of an impulse Wave 5 formation within the Elliott Wave count. In this scenario, a decisive push through the $3.10 level becomes the first hurdle, and breaking it would confirm that bullish momentum is once again in play.

    Should XRP successfully clear $3.10 with volume and follow-through, the next target identified by the analyst is another resistance at $3.25. A sustained bullish momentum beyond this point could carry the price toward the next resistance at $3.44.

    Related Reading

    At the time of writing, XRP is trading at $3.01, down by 2.8% in a seven-day timeframe. Preserving the bullish wave structure and holding above $2.98 at this point is essential to avoid the corrective pattern turning into a deeper downtrend. 

    Featured image from Unsplash, chart from TradingView

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    Scott Matherson

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  • As XRP Grabs Headlines, Can Cardano Price Surge Toward $100?

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    While tokens like XRP dominate headlines amid rising ETF approval speculations, the Cardano price is also gaining attention as market conditions slowly recover from bearish trends. New data from Changelly, a crypto exchange, has suggested that Cardano could be gearing up for a massive breakout. The big question now is whether the cryptocurrency has the momentum to reach a $100 milestone. 

    Why A $100 Cardano Price Remains A Distant Goal

    Cardano’s price action has generated significant interest in recent months, as analysts from Changelly attempt to project its next big move. According to their forecasts, ADA remains a relatively low-priced cryptocurrency compared to some of its altcoin rivals like XRP, with projections pointing to modest gains in the near term and a potential surge above $100 by 2040. 

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    Changelly’s outlook for 2025 suggests a trading range between $0.77 and $0.97, with the average price stabilizing around $1.17. These numbers highlight a steady upward trend but remain far from the speculative $100 level. Breaking this down further, experts from the crypto platform project that in September 2025, ADA could fluctuate between $0.891 and $0.924, averaging near $0.908. 

    By October 2025, expectations widen slightly, with potential movement between $0.88 and $1.17. November’s outlook places the Cardano price between $0.77 and $1.05, averaging around $0.91, while December 2025 suggests values between $0.807 and $0.87. Taken together, these estimates show that ADA is likely to continue strengthening its price floor while maintaining realistic, incremental growth rather than explosive parabolic moves.

    ADAUSD now trading at $0.89. Chart: TradingView

    From this perspective, a $100 Cardano price seems improbable within the near or mid-term future. However, in the long-term, Changelly predicts that ADA could exceed the $100 target to reach $116.83 by February 2040. The maximum price for that month has also been set at $132.72. 

    Cardano’s Price Action

    While Changelly’s technical analysis provides insight into potential short-term price movements, Cardano’s long-term story is deeply rooted in its fundamentals. At present, the cryptocurrency trades around $0.91 with a circulating supply of over 35.7 billion ADA, giving it a market capitalization of approximately $32 billion. 

    ADA has displayed steady momentum in the last week, climbing 1.48% and nearly 6% over the past month. According to Changelly, this growth signals that Cardano still commands a solid market presence, reinforcing its potential for a breakout soon. Although the cryptocurrency has dipped by over $0.01 in the past 24 hours, Changelly points out that recent trading activity has turned notably bullish for the cryptocurrency.   

    Related Reading

    While Cardano’s strong fundamentals fuel its  expanding ecosystem and steady price recovery, its vast circulating supply makes a potential surge to $100 mathematically challenging. Reaching this level would demand a market cap far exceeding that of Bitcoin at its peak. Still, Changelly notes that ADA is showing great potential lately, suggesting that its current price level could be a good buying opportunity for investors.  

    Featured image from Unsplash, chart from TradingView

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    Scott Matherson

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  • Bitcoin Holds $117,500 On Retail Support While Whales Stay Quiet – Cause For Concern?

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    Bitcoin (BTC) is holding near $117,500, up about 6.1% over the past two weeks. However, recent data from Binance shows that BTC’s current price action is largely supported by retail investors, while whales have been noticeably absent.

    Bitcoin Holds $117,500 Amid High Retail Inflows

    According to a CryptoQuant Quicktake post by contributor Arab Chain, Bitcoin is hovering around the $117,500 price level, supported by active inflows from retail investors. Notably, large whale inflows have been completely absent, indicating that the current market is being driven by individuals more than by large wallets.

    Related Reading

    Inflows ranging from 0 to 0.001 BTC recorded approximately 97,000 BTC. Similarly, inflows from the 0.001 to 0.01 BTC segment totaled nearly 719,000 BTC.

    Source: CryptoQuant

    The distribution above suggests that Bitcoin’s current rally is largely driven by retail investors. These investors conduct numerous but small-volume transactions, confirming that individual investors are shaping the market dynamics. Arab Chain added:

    The figures reveal that the bulk of inflows are concentrated in small and medium-sized transactions, reflecting the dominance of retail activity in Bitcoin trading. This liquidity, despite its limited scale, has helped keep the market balanced at current levels.

    It is worth emphasizing that there has been almost no whale pressure during the current market rally. Specifically, no significant surges in inflows of more than 100 BTC were observed, mitigating the likelihood of a sharp short-term price correction.

    To conclude, the current market situation shows that Bitcoin is experiencing a state of equilibrium, largely due to heightened retail investor participation. Such a scenario gives the market an opportunity to steadily surge toward the important $120,000 resistance level.

    That said, it would be wise to keep an eye on any whale activity, as it could quickly alter the market’s direction. Any sudden entry of whale inflows could trigger a rapid price correction, similar to previous market tops.

    Experts Divided On BTC Price Action

    As Bitcoin trades about 5.4% below its all-time high (ATH), there are signs that the top cryptocurrency by market cap may be on the cusp of a fresh rally. For instance, BTC recently broke above the mid-term holder breakeven, reducing the likelihood of an immediate sell-off.

    Related Reading

    Recent positive developments – such as the US Federal Reserve (Fed) reducing interest rates by 25 basis points – could reinvigorate the crypto market. Against that backdrop, crypto entrepreneur Arthur Hayes recently reiterated his ambitious $1 million BTC prediction.

    That said, gold bug Peter Schiff opines that BTC has likely already peaked for this market cycle. At press time, BTC trades at $117,523, up 1.8% in the past 24 hours.

    bitcoin
    Bitcoin trades at $117,523 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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  • Fed Chair Powell Says AI Probably a Factor in Concerning Unemployment Rates

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    The Fed decided to cut interest rates on Wednesday, citing a weak labor market as the reason.

    The latest jobs report showed that U.S. employers only added 22,000 jobs in August, down from the 79,000 in July, showing a dramatic slowing in hiring. It was the worst August report since the pandemic and it got the Federal Reserve Board concerned.

    In a press conference on Wednesday, Fed Chair Jerome Powell was asked whether he thinks AI has any effect on this trend. Powell said that although there is still great uncertainty over that link, he believes that it’s “probably a factor,” particularly when it comes to young graduates who are facing massive unemployment rates.

    “It may be that companies or other institutions that have been hiring younger people right out of college are able to use AI more than they had in the past; that may be a part of the story,” Powell said.

    The New York Fed had released a report earlier this year saying that the labor market for 22 to 27-year-olds had “deteriorated noticeably in the first quarter of 2025.”

    The connection between employment and AI is not surprising if you’ve been following along with the news and the countless anecdotal (and now increasingly data-driven) evidence, but it’s a worthy admission coming from the head of the most powerful economic institution in the country.

    A Stanford study from August found that early-career workers aged 22 to 25 in the most AI-exposed jobs experienced more relative decline in employment than other categories.

    Executives have been open about their desire to slow down hiring in favor of automating tasks with AI. Ford CEO Jim Farley made one of the boldest claims about that earlier this summer when he predicted that AI was going to replace “literally half of all white-collar workers in the U.S.”

    Earlier this year, Shopify CEO Tobias Lütke told hiring managers that they had to explain why AI couldn’t do the job before they could hire human workers for it. Generative AI is particularly good at basic tasks that, say, a recent graduate might be expected to complete as an entry-level worker.

    The most recent addition to the list of pro-AI labor companies came on Wednesday, when online freelancer marketplace Fiverr announced that it was laying off about 250 full-time staff members to become an “AI-first company.”

    “There is a real fear that I have that an entire cohort, those graduating during the early AI transition, may kind of be a lost generation, unless policy, education, and hiring norms adjust,” Cornell University associate professor of global labor John McCarthy told Gizmodo in July. “And I’m not tremendously optimistic about those adjustments happening at the scale they need to.”

    Any data that clearly shows a link between AI and the slowdown in hiring would be the first step to addressing concerns. Earlier this month, a group of more than 40 leading economists signed an open letter to Labor Secretary Lori Chavez-DeRemer to make data collection on AI’s impact on the labor markets “a top priority.”

    The Fed has been conducting its own research on AI’s impact on labor, but Powell told lawmakers in June, while appearing before the Senate Banking Committee, that the Fed did not have the tools to address “the social issues and labor market issues that will arise” from AI.

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    Ece Yildirim

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  • Nigerian man sentenced to six years in prison in crypto romance scheme with Colorado widow

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    A Nigerian national living in Minnesota has been sentenced to nearly six years in prison — and ordered to pay nearly $1.7 million in restitution — for defrauding a widowed Colorado woman through an elaborate cryptocurrency romance scam, federal authorities announced Tuesday.

    The 37-year-old man, Adetomiwa Seun Akindele, will be deported to Nigeria once he serves his sentence, according to the United States Attorney’s Office for the District of Colorado.

    Akindele pleaded guilty to one count of wire fraud and one count of money laundering in a scam in which authorities said he posed as a wealthy Italian-American businessman named Frank Labato on a dating website in 2018. Akindele and the woman began exchanging emails and phone calls during which Akindele “provided the victim with additional false details about his personal and work background, images, and photos, to substantiate his fictitious persona of ‘Frank.’”

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    John Aguilar

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  • Tether Taps Trump’s Former Crypto Advisor to Lead US Operations

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    In an effort to solidify itself as the go-to company in the cryptocurrency space for stablecoins, Tether is tapping Bo Hines, the former Executive Director of Donald Trump’s White House Crypto Council to lead its operations in the United States, including efforts to launch a new stablecoin called USAT that will comply with new, Trump-backed regulations, according to CNBC.

    Tether is best known for its USDT stablecoin, which is pegged to the US Dollar and has become the most commonly used token for exchanging cryptocurrencies. USAT will reportedly be its effort to launch a stablecoin that is fully compliant with the recently passed GENIUS Act, an industry-friendly law that regulates the operations of stablecoins.

    It shouldn’t be hard for the company to remain in compliance with Hines at the helm of its US operations, given that he was reportedly instrumental in getting the bill across the finish line and signed into law. Earlier this month, Hines said on Twitter that the GENIUS Act “is about securing the future of American finance,” and said stablecoins “strengthen U.S. dollar dominance, modernize our outdated payment rails, and give Americans faster, cheaper, and more transparent ways to move money.” Which, okay, here’s a simple test to find out if that is true: Try to get your parents set up with Zelle or Venmo, then try to get them set up with a crypto wallet and see which one they find easier to use.

    Anyway, it’s a pretty sweet gig for Hines, who has mostly served as a Trump orbiter who just keeps failing up. Before landing his role as the Executive Director of the President’s Council of Advisers on Digital Assets, he lost two elections in North Carolina that were reportedly funded primarily by his own trust fund. In August, after getting the GENIUS Act over the finish line, Hines left the White House for the private sector, where he apparently knew he had lots of job offers waiting for him—probably because the crypto space is not shy about sucking up to the Trump administration.

    This also probably marks the end of any regulatory scrutiny for Tether, which has repeatedly gotten itself in hot water in the United States. The company got subpoenaed in 2018 as its alleged treasury holdings were disputed, paid to settle a fraud investigation in 2021, and was subject to money laundering investigations in 2024. The company has also repeatedly come under fire for failing to comply with regulatory requirements, maintaining a shockingly small team that seemed incapable of sufficiently ensuring rules were being followed. But with a Trump ally at the helm of its American operations, it seems likely that any scrutiny will suddenly lighten up going forward.

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    AJ Dellinger

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  • Sacramento restaurants embrace cryptocurrency with Food Token

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    Sacramento startup, Food Token, is adding another way local restaurants can accept payment – cryptocurrency. Brian Barton, founder of Food Token, shared his journey with KCRA 3, inspired by his frustrations with traditional banking, leading to the idea for Food Token.”I want to do my banking with a restaurant. I don’t need a bank in between,” he said.In 2024, approximately 17% of American adults say they have invested in or own cryptocurrencies.Food Token is already operational in select Sacramento restaurants, including Jim Boys, Brookfield’s, Chocolate Fish, and Beach Hut Deli. Barton explained that the platform allows restaurants to accept the five major cryptocurrencies.Barton also addressed concerns about security for consumers.“From the restaurant’s point of view, the restaurant is never seeing the cryptocurrency. The restaurant is just accepting it just as they would a digital gift card,” Barton said. Barton noted that convincing restaurants to do something new has been an uphill battle, particularly when it’s about a new field like cryptocurrency. Sacramento was chosen as the launch site for Food Token due to its status as the “farm-to-fork capital” and Barton’s personal connection to the area. “We want to find a use case first for restaurants in the Sacramento area and for consumers in the Sacramento area,” Barton said, emphasizing the importance of understanding local needs before expanding.For those interested in using Food Token, Barton encouraged restaurants to reach out via their website, offering a straightforward way to start accepting cryptocurrency.”We only charge $0.10 per transaction, unlike Visa and Mastercard,” he said, highlighting the financial benefits for restaurants.As cryptocurrency continues to gain popularity, Food Token aims to simplify the process for both consumers and restaurants, paving the way for a new era of digital payments in the restaurant industry.See more coverage of top California stories here | Download our app | Subscribe to our morning newsletter | Find us on YouTube here and subscribe to our channel

    SACRAMENTO, Calif. —

    Sacramento startup, Food Token, is adding another way local restaurants can accept payment – cryptocurrency.

    Brian Barton, founder of Food Token, shared his journey with KCRA 3, inspired by his frustrations with traditional banking, leading to the idea for Food Token.

    “I want to do my banking with a restaurant. I don’t need a bank in between,” he said.

    In 2024, approximately 17% of American adults say they have invested in or own cryptocurrencies.

    Food Token is already operational in select Sacramento restaurants, including Jim Boys, Brookfield’s, Chocolate Fish, and Beach Hut Deli. Barton explained that the platform allows restaurants to accept the five major cryptocurrencies.

    Barton also addressed concerns about security for consumers.

    “From the restaurant’s point of view, the restaurant is never seeing the cryptocurrency. The restaurant is just accepting it just as they would a digital gift card,” Barton said.

    Barton noted that convincing restaurants to do something new has been an uphill battle, particularly when it’s about a new field like cryptocurrency.

    Sacramento was chosen as the launch site for Food Token due to its status as the “farm-to-fork capital” and Barton’s personal connection to the area.

    “We want to find a use case first for restaurants in the Sacramento area and for consumers in the Sacramento area,” Barton said, emphasizing the importance of understanding local needs before expanding.

    For those interested in using Food Token, Barton encouraged restaurants to reach out via their website, offering a straightforward way to start accepting cryptocurrency.

    “We only charge $0.10 per transaction, unlike Visa and Mastercard,” he said, highlighting the financial benefits for restaurants.

    As cryptocurrency continues to gain popularity, Food Token aims to simplify the process for both consumers and restaurants, paving the way for a new era of digital payments in the restaurant industry.

    See more coverage of top California stories here | Download our app | Subscribe to our morning newsletter | Find us on YouTube here and subscribe to our channel

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  • How to Spot a Real Day Trading Mentor (and Avoid Pretenders) | Entrepreneur

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    Opinions expressed by Entrepreneur contributors are their own.

    There is no shortage of people who talk a really impressive game about how they’re rich, have the whole “day trading” thing dialed in, and are willing to teach you how easy it can be to follow in their footsteps to become the next great day trader.

    I’m not one of them.

    Yes, I day trade for a living, and I’ve done OK. But I’m first in line to tell you that day trading is not easy. It takes dedicated effort over time to start becoming solid at day trading. Then it takes even more time and work to turn it into a profession.

    You have two main choices when it comes to learning day trading: You can learn by doing, or get a teacher. Teaching yourself — in other words, making all the mistakes yourself — is a really costly way to do it, in time, money, and stress. I recommend that you stand on someone else’s shoulders and at least avoid many of the mistakes they made.

    Because this is not a sales pitch to stand on my shoulders, I will describe five things to look for in a day trading teacher. You can then apply those tests to whichever teachers you find.

    Related: Before You Start Day Trading, Know These Stages

    1. You want someone who’s seen it all

    How long ago did they begin to day trade? You don’t want someone who claims to have done great in the last few months or maybe a year, and now feels bulletproof. The strongest teachers will have traded and survived through great markets, but also sideways markets and downright terrible ones.

    You also don’t want someone who claims to be “a natural” at day trading; in fact, you should hope they have lots of figurative scars, which often accompany lessons thoroughly learned.

    2. They need to be currently in the game

    Michael Phelps may have hung up his competitive swimsuit years ago, but he could be a great swimming coach for decades to come. Not too much changes in competitive swimming, other than younger people regularly breaking records.

    Not so with day trading. The markets constantly change in terms of which stocks are listed, regulations being updated and technology continually improving.

    Your teacher should be trading every week and preferably every day. Day trading is difficult enough; you shouldn’t make it even more difficult by working with someone who’s been a spectator for too long.

    3. They must be able to explain and remember

    We’ve all known some people who are great at what they do, but terrible at explaining it to others. Maybe they’re not very articulate, or they speak so fast you can’t follow them.

    When I say “able to remember,” I mean that experts can easily forget what it was like to be a beginner. After making literally 25,000 trades in my career, I can glance at four monitors filled with hundreds of bits of data, and it all seems so clear to me. But I do remember the feeling of confusion and even despair while looking at just a fraction of this firehose for the first time.

    Look for someone who’s clear, patient and willing to explain — sometimes again and again — until the topic makes sense to you. Day trading is all about near-instantaneous judgments, but your questioning and learning zone should be judgment-free.

    Related: Want to Be a Stronger Mentor? Start With These 4 Questions

    4. Seek a specialist

    If you have a heart condition and need surgery, do you want to go to a surgeon who’s worked on a few hearts, done some tennis elbows and is a fairly good plastic surgeon, too?

    You want the person with deep experience. The kind who could write a 500-page book that’s an “Introduction to…” instead of the 50-page pamphlet that’s “The complete guide” to something. Although many day trading principles indeed apply to commodities, cryptocurrency and other investments, I have yet to meet someone who’s equally expert at all those types of investments. I certainly am not.

    It may be true that you don’t yet know what specific investments you want to focus on. That’s cool; shop around! But at some point, when you decide the investment type you want to bear down on, look for a teacher who’s done the same thing.

    5. Insist on a truth teller

    Of course, you want a teacher to make it as easy as possible, but day trading is not easy. It’s not even easy for me at my stage, because every day I must earn any reward, and am quickly punished for forgetting key principles. Stay well away from anyone who gives you the impression that day trading can be picked up without much difficulty.

    Also, it’s incredibly important that you find a teacher who shows you ALL of their trades — the fabulous ones, the okay ones, and the “what were you thinking” terrible trades. I can’t say much about day trading with absolute certainty, but I’m certain about this: Every trader on the planet continues to have green days and red days. Every trader loses occasionally.

    The only difference is how much they’ve lost, and what they do about it. The smart, surviving traders check themselves into what I call “trader rehab.” This allows them to return to the basics, rebuild their confidence, and get back in the game. Anyone who’s not showing you these scars is not being straight with you, and they should not have your trust.

    Social media is full of people who say they took up day trading and scored. More power to them; I do believe in beginner’s luck and once had it myself. You don’t need a teacher at all to have beginner’s luck. But if you want to continue in this profession — not if but when that beginner’s luck runs out — that truth-telling teacher will be the best trade you take.

    There is no shortage of people who talk a really impressive game about how they’re rich, have the whole “day trading” thing dialed in, and are willing to teach you how easy it can be to follow in their footsteps to become the next great day trader.

    I’m not one of them.

    Yes, I day trade for a living, and I’ve done OK. But I’m first in line to tell you that day trading is not easy. It takes dedicated effort over time to start becoming solid at day trading. Then it takes even more time and work to turn it into a profession.

    The rest of this article is locked.

    Join Entrepreneur+ today for access.

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    Ross Cameron

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  • Billionaire Barry Silbert says he hasn’t been this excited about a crypto project since discovering Bitcoin | Fortune Crypto

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    One of crypto’s earliest entrepreneurs is betting on something other than Bitcoin. Famous as an early advocate of “digital gold,” and for launching franchises like CoinDesk and Grayscale, billionaire Barry Silbert shared his newest passion at Fortune’s Brainstorm Tech conference in Park City, Utah. 

    “I believe that the next big wave in crypto is going to be the convergence of AI and crypto,” said Silbert, who is the founder and CEO of crypto conglomerate Digital Currency Group, on a Tuesday panel.

    And it’s not just the intersection of two of the buzziest buzzwords in tech that has Silbert excited. It’s a project called Bittensor, a decentralized marketplace for AI founded by Jacob Steeves, a former Google engineer.

    Silbert is so excited about Bittensor that he’s started a new company called Yuma that’s dedicated to the protocol and its associated cryptocurrency TAO. “I want to open up the development and the access to AI and Bitensor is enabling that,” he said. “It is the thing that I’ve gotten most excited about since Bitcoin.”

    Bitcoin to Bittensor

    Silbert isn’t your average crypto evangelist. The billionaire first obtained his stock broker license at the age of 17 and worked in finance after he graduated college, including on marquee bankruptcies like those of Enron and WorldCom. In 2004, he founded what would become SecondMarket, a trading platform where users could buy and sell alternative assets, which he would later sell to Nasdaq.

    In 2012, Silbert discovered Bitcoin and soon spun up a new company called Digital Currency Group, which included subsidiaries like the popular crypto news publication CoinDesk, a crypto trading and lending arm called Genesis, and Grayscale, a crypto ETF issuer. Digital Currency Group eventually sold CoinDesk to the crypto exchange Bullish, and, in July, Grayscale confidentially filed to go public.

    Silbert’s crypto empire suffered significant setbacks amid the “crypto winter” that followed the collapse of the crypto exchange FTX, but he has since returned back into the public eye to boost Bittensor and Yuma, his new company dedicated to decentralized AI.

    Major AI algorithms require mammoth amounts of computing power, and only large, centralized players like OpenAI, Google, or Amazon have the capital to compete. Bittensor tries to repurpose the same incentive mechanisms that power Bitcoin to encourage participants to lend their computing power to create a decentralized network of servers to power AI algorithms. Silbert’s Yuma helps different projects looking to make use of Bittensor’s network to power their AI applications. 

    “In the way that the internet was the world wide web of information, Bittensor is creating the world wide web of intelligence,” he said.

    The protocol was especially popular in the first half of 2024, when its cryptocurrency TAO notched an all-time high in March 2024 of $757. The token now trades at nearly $360 as of Thursday afternoon.

    On the new Fortune Crypto Playbook vodcast, Fortune’s senior crypto experts decode the biggest forces shaping crypto today. Watch or listen now

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    Ben Weiss

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  • What Every Small-Business Founder Needs to Know About Stablecoins and Digital Dollars | Entrepreneur

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    Opinions expressed by Entrepreneur contributors are their own.

    My first exposure to stablecoins was mundane: a client selling digital courses asked if accepting USD-pegged tokens would cut card fees. Two years later, the question is everywhere I speak. Talk of “central-bank digital currencies” and government-blessed stablecoins has moved from policy circles to checkout pages, and entrepreneurs want a clear roadmap.

    Below is a founder-focused guide: what stablecoins are, why governments care and how early adopters can turn uncertainty into an operating edge.

    Stablecoins in plain English

    A stablecoin is a digital token engineered to hold a one-to-one value with a reference asset, usually a national currency. Private issuers such as USDC and USDT hold dollar reserves or short-term Treasuries to keep the peg.

    The next wave is public: the U.S. Treasury is drafting a supervisory framework, the European Central Bank is testing a digital euro and Singapore’s Monetary Authority has completed Project Orchid pilots. Unlike volatile cryptocurrencies, the target price of a stablecoin stays flat; the upside for a merchant is lower friction at the point of sale, not capital gains.

    Related: The Hidden Problems That Could Threaten Crypto’s Future

    Why governments are getting involved

    Regulators see two goals. First, faster settlement removes plumbing risks that surfaced when regional U.S. banks failed in 2023. Second, programmable money can embed compliance (tax withholding, sanctions screening) directly in the payment rail.

    Policymakers believe that if official channels offer the same speed as private tokens, illicit or unstable alternatives lose appeal. For founders, this means the rails will mature under clear rules rather than live in gray zones.

    Related: What You Need to Know About the Future of Blockchain Finance

    Global momentum you can’t ignore

    In the United States, the Financial Stability Oversight Council has asked Congress for clear stablecoin legislation and the Treasury for formal guardrails, while Visa now settles some treasury transactions in near real time with USDC on Solana.

    Across the Atlantic, the European Central Bank has advanced its digital-euro project into a preparation phase and set aside funds to build prototypes with commercial banks.

    In Asia, Singapore’s Project Orchid finished a programmable-voucher trial that proved smart contracts can restrict a coin’s spending to approved merchants. All three efforts aim to reduce cross-border payment friction, a daily pain point for small businesses that buy from overseas suppliers or sell to global customers.

    What’s in it for founders right now

    Stablecoins promise lower fees because card interchange charges of 1.5% to 3% can fall to network-gas pennies, a shift that saves about twenty thousand dollars on two million in annual sales. They further provide immediate settlement, which reduces the cash conversion days to minutes and relieves the short-term credit requirement.

    Their universal access does not rely on the correspondent banks; a customer of the Eurozone having a digital-euro wallet can send money to a U.S. retailer directly, without the wire charges and time-zone lag. The programmable money also offers the advantage of automation of the refunds, royalty splits and escrow releases, and this reduces the manual reconciliation work.

    Risks investors and founders must price in

    Regulatory drift remains the first hazard because legal frameworks can change after elections, so revenue that depends on yet-to-be-finalized rules deserves a discount. Counterparty transparency is next; a stablecoin’s safety rests on its reserves, making audited statements a must-read during vendor onboarding.

    Custody and cyber threats follow, since one lost private key or hacked wallet can wipe out funds, and only multi-signature controls and SOC 2-audited custodians truly reduce that risk. Finally, accounting grey zones persist; the IRS treats each disposal of digital property as a taxable event, so until GAAP issues clearer guidance, companies need detailed sub-ledgers to track token activity accurately.

    A five-step action checklist

    1. Open a test wallet. Experience the UX before involving customers. Many providers offer no-code dashboards.
    2. Pilot with low-value invoices. Use a stablecoin like USDC for a small vendor payment to measure speed and fees.
    3. Choose a compliant gateway. Select processors registered with FinCEN and capable of issuing year-end tax reports.
    4. Update policies. Add language on digital-asset acceptance, refund terms and exchange-rate treatment to T&Cs.
    5. Monitor legislation. Track Treasury updates, ECB communiqués and state-level money-transmitter rules; adjust exposure quarterly.

    Related: Digital Currencies May Well Be The Way Forward. But Not All Of Them Are Going To Make It.

    Milestones to watch over the next 24 months

    • A U.S. stablecoin bill that defines reserve standards and federal oversight.
    • ECB prototype results on merchant acceptance for the digital euro.
    • Asian central banks forming cross-border settlement corridors.
    • Major e-commerce platforms adding stablecoin checkouts natively.

    Customer expectations are changing

    Stablecoins also reshape what buyers expect from businesses. Younger customers, used to instant transfers on mobile apps, see multi-day settlements as outdated. Accepting digital dollars signals a brand is willing to remove friction. For subscription models, programmable payments reduce failed charges and improve retention. For international buyers, instant refunds or conversions into local currency build trust. What begins as a back-office efficiency move quickly becomes a front-end advantage that strengthens loyalty.

    Each milestone reduces uncertainty and broadens the addressable market. Early movers stand to lock in mindshare and lower payment costs before competitors even draft policy memos.

    Stablecoins will not make entrepreneurs rich through price appreciation; their promise lies in reducing friction that quietly erodes margins and customer trust. Governments are pushing the rails into the mainstream, which means founders who learn the mechanics today can outpace peers tomorrow.

    Test small, document everything and you will be ready when digital dollars hit prime time.
    So is it time to pour money into stablecoin? Probably not yet. But it’s definitely time to start paying attention.

    My first exposure to stablecoins was mundane: a client selling digital courses asked if accepting USD-pegged tokens would cut card fees. Two years later, the question is everywhere I speak. Talk of “central-bank digital currencies” and government-blessed stablecoins has moved from policy circles to checkout pages, and entrepreneurs want a clear roadmap.

    Below is a founder-focused guide: what stablecoins are, why governments care and how early adopters can turn uncertainty into an operating edge.

    Stablecoins in plain English

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    Dmitrii Khasanov

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  • Robinhood joins new band of companies calling the S&P 500 their home

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    Online broker Robinhood Markets will join the S&P 500 index after riding the popularity of cryptocurrencies to profitability and an all-time high stock price.

    The company is set to join the benchmark index on Sept. 22, along with mobile technology platform AppLovin and construction company Emcor Group.

    Robinhood is having one of its best years since going public in 2021 after struggling early on. It closed below its IPO price of $38 on its first day of trading. The stock remained volatile over the next few years, finishing 2023 at $12.74 per share.

    The stock has tripled in 2025 so far, trading at more than $100 per share. That follows a similar gain in 2024.

    An increased interest in cryptocurrency amid a friendlier regulatory environment for the digital currency has helped turn around the online broker’s profits. The company lost 61 cents per share in 2023, but sharply reversed course in 2024 for a profit of $1.56 per share. Wall Street expects the company to close out 2025 with $1.64 per share in profit.

    The company has been benefitting from the government’s hands off approach to cryptocurrency and regulation during President Donald Trump’s tenure. Earlier this year, the Securities and Exchange Commission closed an investigation into the company. The SEC declined to pursue enforcement action over allegations that Robinhood failed to register certain crypto assets on its platform as securities.

    Robinhood was also at the center of the original “meme stock” craze in 2021 that centered on heavy trading of GameStop and AMC Entertainment. The company had to temporarily restrict trading of those companies amid a dispute between online activist retail investors and institutional investors.

    Shares of Robinhood surged 13.8% in morning trading, while AppLovin shares jumped 11.5%.

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