Crypto analyst Hal has revealed how investors can make up to $1 million by investing in Litecoin. This comes as another analyst has predicted that LTC could soon break out of its current consolidation phase to reach a four-figure price target. 

How Litecoin Can Turn A $3,700 Investment Into $1 Million

In an X post, Hal stated that investors can make $1 million from about $3,700 if they bid the low $30 range on Litecoin and sell when the altcoin reaches $9,000. The analyst is confident that the LTC price can still drop to around this level, providing investors another opportunity to take this investment advice. 

 He noted that Litecoin never saw the 5th wave down in the Wave C corrective move, which he claimed means the altcoin is still going to drop below $41. Hal’s accompanying chart also showed that LTC could still drop to as low as $30 before its next parabolic rally to the upside. The analyst remarked that the altcoin could fall below the projected $30 range, but that it looks unlikely. 

Meanwhile, Hal declared that Litecoin is the “clearest and most confident” 250x to 300x play he sees in the market. He added that he has been waiting a long time for this last drop to $30 and that it is coming soon. He urged investors not to miss it, seeing as he projects that they could make millions on their LTC investment. 

Hal’s prediction comes amid the launch of the first spot Litecoin ETF by Canary Capital. This is expected to attract institutional inflows into the LTC ecosystem, which could be a positive for the altcoin’s price. However, the LTC hasn’t had the best of starts and is currently lagging behind the Solana and Hedera ETFs, which also just launched, in terms of inflows. 

Why LTC Could Easily Record This Parabolic Rally

Hal noted that Litecoin has one of the longest, oldest, and largest accumulation channels in existence among altcoins against its Bitcoin pair. He revealed that the LTC/BTC chart looks similar to the DOGE/BTC chart just before the Dogecoin price broke out and did a 663x in the 2021 bull cycle. This is why the analyst is confident that LTC’s price can record a 300x gain from the next low when it reaches the top of the next altcoin run. 

Meanwhile, crypto analyst CoinsKid stated that Litecoin has been in consolidation mode since the 2018 cycle top. He added that compression leads to expansion, predicting that LTC can reach $4,000 if it breaks the upper resistance just above $200.  CoinsKid noted how this would put LTC just shy of Ethereum’s market cap. 

At the time of writing, the Litecoin price is trading at around $96, up almost 2% in the last 24 hours, according to data from CoinMarketCap.

While Bitcoin’s price action points to a relative scarcity of spot activity, recent on-chain data reveals an increasingly dynamic atmosphere within its futures market, especially on the Binance network.

Binance Dominates Futures Market As Trader Sentiment Sees Structural Shift

In a recent post on the CryptoQuant platform, crypto education institution XWIN Research Japan shares insights into developments in the Bitcoin futures market, with their key focus being the Binance network. According to the research institution, the world’s leading crypto exchange is maintaining its reputation after reaching its record high of $1.88 trillion in trading volume.

At the same time, the trader sentiment within Bitcoin’s futures market evidently appears to be undergoing a transition, with data from the Bitcoin: Futures Taker CVD (Cumulative Volume Delta, 90-Day) informing the supposition. For context, this metric tracks the net difference between taker buy volume and taker sell volume over 90 days, revealing if the traders in the futures market are predominantly adding to its buying pressure or contributing to its selling pressure.

XWIN Research points out that as of the middle of 2025, Bitcoin’s taker buy volume dominated the futures market, as most traders accumulated positions. This period of accumulation, notes the analyst, was seen as the flagship cryptocurrency climbed above $100,000. However, from late August to the present, there has been a re-emergence of taker sell pressure, signaling the predominance of profit takers in the market.

What This Means For Price

Contrary to what this structural shift might be interpreted as, the educational institution explains that the market seems instead to be becoming more mature. A typical mature market, as XWIN Research points out, is one where the market participants manage their exposure, rather than chase any or all price spikes. 

The reappearance of taker sell pressure therefore signifies a growing inclination among traders to protect their gains nested within the $110,000-$115,000 price range. Historically, this kind of “moderation” has often been a sign of long-term strength. Binance’s $1.88 trillion in trading volume also lends credence to this view, as it reveals the presence of solid institutional confidence in the cryptocurrency’s long-term growth.

Aside from institutional backing, this trading volume also puts into perspective the width of global participation in the Bitcoin derivatives market. In the long run, the Bitcoin market could be in the early phases of a sustained and long-lasting expansion. At press time, Bitcoin is worth approximately $110,110. The premier cryptocurrency shows a slight growth of 0.40% in 24 hours. Also reflecting the online asset’s sideways movement is its net loss of 1.36% over the past seven days.

Featured image from iStock, chart from Tradingview

A discussion has surfaced within the crypto community regarding the reasoning behind XRP’s fixed supply of 100 billion tokens. For years, enthusiasts and investors have questioned why Ripple opted for such a large figure when most cryptocurrencies operate with far smaller caps. Ripple’s Chief Technology Officer, David Schwartz, recently addressed the question on the social platform X, shedding light on the considerations that guided the early design of the XRP Ledger.

Technical Foundations Behind XRP’s 100 Billion Supply

David Schwartz was one of the original architects behind XRP and the XRP Ledger in 2012, and as such, he possesses unmatched insight into the cryptocurrency’s tokenomics and the rationale that shaped its design. His response to the question regarding XRP’s 100 billion supply design revealed that the decision was rooted in technical precision and deliberate effort to balance the functionality of the token’s architecture.

The first layer of reasoning behind XRP’s supply lies in its technical design. According to Schwartz, the developers of the Ledger sought a number that would provide adequate divisibility for the token. This level of divisibility allows XRP to be functional across both high-value institutional payments and smaller, everyday transactions.

Equally important was the need for the total supply to fit cleanly within a 64-bit integer, a standard data type used in computing to store numerical values efficiently. This decision minimizes the risk of overflow errors or arithmetic inconsistencies in the ledger’s codebase. A supply as large as 100 billion allows the system to handle every transaction amount accurately while preserving performance and compatibility with conventional software frameworks.

Usability And Design Simplicity

Aside from the technical justifications, the choice of 100 billion was also made with human usability in mind. As noted by Schwartz, the third reason for XRP’s 100 billion circulating supply is that the number is easy for humans to remember. 

Ripple’s architects wanted a total supply that was easy to communicate, recognize, and remember. A round, memorable number like 100 billion conveys clarity to users and traders.

Although XRP has a maximum supply of 100 billion tokens, not every token is currently in circulation. At the time of writing, XRP has a circulating supply of 60.1 billion tokens.

At the launch of the Ledger, a total supply of 100 billion XRP was pre-mined and fixed. Of this amount, approximately 55 billion XRP were placed into escrow contracts controlled by Ripple to control how many tokens enter the market over time.

At the time of writing, about 35 billion XRP tokens are currently locked in escrow and waiting to be released into circulation. Each month, up to 1 billion XRP is released, and any unused portion (about 70% to 80%) is typically placed back into escrow. As part of the schedule, Ripple is going to unlock another 1 billion XRP from escrow on November 1. At the time of writing, XRP is trading at $2.51, up by 0.9% in the past 24 hours.

Solana (SOL) is presently priced around $186, after a rather turbulent display in the past week. While the leading altcoin notably showed a significantly volatile price action, bearish sentiments reigned supreme, resulting in a net 4.37% loss. Interestingly, popular expert Ali Martinez has highlighted a critical price level for Solana investors’ attention amid the current market uncertainty.

To Fly Or Crash? Solana Future Rests On Key Price Point 

In a recent X post, Martinez dives into the present Solana market structure, highlighting several potential developments tied to the $180 price level. Notably, the daily chart reveals that Solana has been strictly trading in an ascending channel since May 2025, with zero deviations recorded. Importantly, the altcoin has been moving near the lower boundary of this channel, currently around $180, which acts as a pivotal support. This price point also aligns with the 200-day simple moving average, thereby reinforcing its validity.

 

Furthermore, on-chain data from the leading analytics platform Glassnode shows that 24.5 million SOL were purchased at this level, reflecting a high market demand that will likely prevent further price incursion upon a retest.  Looking at Martinez’s analysis, a consistent price hold above $180 retains the validity of the ascending channel and presents a setup for a potential price gain to $230, with further price targets at $290. 

However, if an overwhelming bearish pressure pushes Solana below $180, investors can expect a further decline to around $115, while a potential crash to $50 is also feasible. Therefore, Solana’s behavior at $180 presents a possible 56% gain or 72% loss from current market prices.

Solana Market Overview 

At press time, Solana (SOL) is trading at $185, up 4.57% over the past 24 hours. Despite the daily rebound, its monthly performance remains negative, with a 14.27% decline highlighting the broader weakness seen in the last week. 

In a notable development, Bitwise launched the first-ever Solana Spot ETF on the New York Stock Exchange (NYSE) this week, marking a major milestone for altcoins. The achievement was quickly followed by Grayscale, which introduced its own Grayscale Solana Trust, further signaling growing institutional interest in Solana.

This week’s events represent a significant step toward broadening institutional access to Solana and other altcoins, paving the way for deeper market participation beyond Bitcoin and Ethereum. 

According to SoSoValue data, the two newly launched ETFs have already attracted strong demand, recording $154.73 million in net inflows and $439.97 million in net assets within the first three trading days. Meanwhile, several other Solana-linked ETFs are reportedly in the pipeline, including the Canary Solana ETF, VanEck Solana Trust, and CoinShares Solana ETF, all currently awaiting SEC approval.

The recent Ethereum price rejection that pushed it back below the $4,000 level has created a concerning trend that could send the price spiraling. The major point of interest lies at the 0.618 Fibonacci retracement level, where the last rejection occurred. Given this, it is likely that the Ethereum price could see more declines in the coming days, although there is still the possibility of the bulls taking over and invalidating the entire bearish setup.

Ethereum Price Is Showing A Lot Of Weakness

The rejection from the 0.618 Fibonacci retracement level marked the start of the decline from the $4,200 level during the last recovery. This rejection resulted in the formation of a lower high on the 4-hour timeframe, and historically, such lower high formations mean that there is more selling pressure piling up for the digital asset.

As the bullish momentum looks to be fading, it puts the Ethereum price in a precarious position. Crypto analyst The Alchemist Trader explains that the rejection had come with increased bearish volume as investors offloaded their holdings on the market, putting bears in charge once again.

Following this development, the Ethereum price has continued to struggle around $3,900, where the next local support lies. The cryptocurrency has maintained a tentative hold at best on this local support, suggesting that the bulls could indeed be losing ground at this level.

If this corrective phase continues, then the Ethereum price decline is far from over. The current local weakness has put a strain on the support, and if $3,900 fails completely, the next major support lies below $3,400, more specifically at $3,385. This will serve as the next stronghold for the bulls to make their move.

“From a structural perspective, Ethereum’s inability to sustain momentum signals growing bearish pressure across lower timeframes,” the crypto analyst explained.

The Case For ETH Bulls

Despite the mounting bearish pressure, there is still the possibility that the Ethereum price could break out of this downtrend. Just like with the bearish case, the key lies at the $3,900 support and how well it holds.

In the case that bulls are able to reclaim and hold this support with momentum, then it could invalidate the bearish setup that has emerged. In this case, the crypto analyst believes that the Ethereum price could resume its uptrend above the 0.618 Fibonacci retracement level.

Seychelles-based cryptocurrency exchange MEXC found itself in the midst of controversy on Friday as users on social media site X (formerly Twitter) called for immediate withdrawals amid speculation about the exchange’s potential bankruptcy. 

What Happened At MEXC?

Market analyst J.A. Maartun was among the first to draw attention to the situation, sharing a chart on social media that indicated a significant spike in withdrawal transactions around midday.

Researcher Hanzo also shed light on the unfolding drama, revealing the plight of a user known as “The White Whale.” This individual claimed that his account was suspended despite engaging in trading without the use of bots or APIs, leaving him unable to access his funds, which he estimated at between $3 million and $5 million. 

The White Whale alleged that customer support was unresponsive and that when he engaged with Cecilia Hsueh, MEXC’s new Chief Strategy Officer, he was pressured to admit to breaking the rules to have his funds released, a claim he firmly denied.

Cecilia later responded that their conversation should have remained private and accused The White Whale of misrepresenting the facts. MEXC subsequently announced its intention to take legal action against him for alleged misinformation. 

However, as the situation escalated, a wave of support emerged from the cryptocurrency community, including notable figures like ZachXBT, as many users reported similar issues with MEXC. 

This collective response led to warnings on social media urging users to withdraw their funds immediately, fueling the growing unrest.

CSO Issues Apology

In a rapid development, Cecilia issued an apology and confirmed that The White Whale’s withdrawal had been processed. She stated:

We fucked up. We apologize to @TheWhiteWhaleV2, and his money is already released. He can claim it at any time. I messed up in communicating with him. I got emotional, and I shouldn’t have. Since I joined MEXC 2 months ago I’ve been fighting behind the scenes to get MEXC to change. We grew really fast—a few years ago, we were a very small exchange, but given our current scale, our risk, operations, and PR teams have not kept up.

She noted that MEXC has experienced rapid growth, but its operational and public relations teams had struggled to keep pace. “We’re going to change that,” she stated, emphasizing that leadership has begun to recognize the need for improvement in transparency and operations.

In response to the swirling rumors of bankruptcy, MEXC took to social media to clarify its financial status. The exchange stated, “Recent online discussions have circulated unverified rumors regarding MEXC’s financial status. We would like to clearly state that these claims are false and misleading.” They assured users that MEXC remains financially healthy, with all user assets fully backed. 

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

On-chain data shows Bitcoin is currently retesting a historically significant level that has often decided the course of the cryptocurrency’s price.

Bitcoin Is Retesting The 0.85 Supply Quantile

In a new post on X, on-chain analytics firm Glassnode has talked about how Bitcoin is retesting a level that has historically been a “make-or-break” one for the asset.

The level in question is part of Glassnode’s “Supply Quantiles Cost Basis Model.” The model reflects price levels corresponding to important investor profitability thresholds.

Below is the chart shared by the analytics firm that shows how the levels of this model have changed over the last few years.

As is visible in the graph, Bitcoin surged above the 0.95 quantile during the recent rally to the all-time high (ATH). This level corresponds to 95% of the supply being in profit.

With the market downturn that has followed since, however, the cryptocurrency has slipped under the level. Recently, the asset has been making retests of the 0.85 quantile, situated at $109,000.

BTC has already seen brief drops below this mark, but so far, it has managed to climb back above it each time. At present, the coin is trading right around the level, indicating that about 85% of the supply is carrying a net unrealized gain.

In the past, Bitcoin’s interactions with this level have tended to carry consequences for its trajectory. “Holding it has sparked major rallies, but losing it often sees a slide toward the 0.75 band,” noted Glassnode.

The 0.75 quantile is equivalent to $98,000 at the moment. It now remains to be seen whether BTC can hold above the 0.85 quantile, or if a retrace to this level is coming.

In some other news, the latest decline in Bitcoin below $107,000 came alongside negative values on the Coinbase Premium Gap, as pointed out by CryptoQuant community analyst Maartunn in an X post.

The Coinbase Premium Gap measures the difference between the Bitcoin price listed on Coinbase (USD pair) and that on Binance (USDT pair). The metric basically tells us about how the behavior of the users on the former exchange differ from that of the latter platform.

As the below chart shows, the metric was at positive levels on Wednesday, but the indicator turned red on Thursday.

The trend would imply that Coinbase traders, primarily made up of American institutional entities, sold the cryptocurrency at a higher intensity than Binance’s global whales during the Bitcoin drawdown.

BTC Price

Since the wave of selling on Coinbase, Bitcoin has witnessed some recovery back to the $109,500 level, reclaiming the 0.85 quantile once again.

As October comes to a close, Bitcoin (BTC) has disappointed many who had anticipated the month to be a strong one for the cryptocurrency, often referred to as “Uptober” due to its historically positive performance. Instead, Bitcoin finished the month down, creating a gap of approximately 13% from its all-time high. 

Historical Trends Suggest Bitcoin Could Rebound

Joel Kruger, a market strategist at LMAX Group, noted that while October was a letdown compared to historical trends, it’s essential to contextualize the price movements. He remarked, “Prices have held up well overall, especially after a September that actually bucked the usual weakness.”

Notably, on the 6th of this month, the market’s leading cryptocurrency reached an all-time high just beyond $126,000. Additionally, the current downturn has failed to erase the year-to-date gains, with Bitcoin still recording a 55% uptrend during this period.

However, according to a recent analysis by Fortune, this October marks the fourth-worst performance for Bitcoin since 2013 and the worst in the past seven years. Bitcoin’s performance lagged behind that of the S&P 500, which saw a gain of roughly 2.3% during the same period. 

Despite this under performance, Kruger remains optimistic about Bitcoin’s potential recovery in the upcoming months. “Historically, Q4 has been one of the best periods for crypto performance,” he stated, expressing hope for a push toward record highs for both Bitcoin and Ethereum (ETH) as the year draws to a close.

October Challenges

The month proved challenging not only in terms of price but also due to significant market events. Adam McCarthy, a senior research analyst at digital market data provider Kaiko, observed that cryptocurrencies entered October tracking gold and stocks at near all-time highs. However, as uncertainty crept into the market, investors did not flow back into Bitcoin as anticipated. 

In addition, October witnessed the largest liquidation event in cryptocurrency history, triggered by President Donald Trump’s announcement of a 100% tariff on Chinese imports, alongside threats of export controls on crucial software.

McCarthy commented on the impact of this liquidation, stating, “That washout on the 10th really reminded people that this asset class is very narrow.” He emphasized that even dominant cryptocurrencies like Bitcoin and Ethereum can experience sharp drawdowns, citing instances of 10% declines occurring in just 15 to 20 minutes.

Amid these developments, concerns have been raised by several figures regarding the high valuations in equity markets. Jamie Dimon, CEO of JPMorgan Chase, recently warned of a heightened risk of a significant correction in the US stock market within the next six months to two years. 

Jake Ostrovskis, head of trading at Wintermute’s over-the-counter desk, noted that participants in the market remain hesitant as they grapple with the implications of the largest liquidation event on record. He added that this caution persists amid ongoing speculation about vulnerabilities that might still exist within the financial system.

When writing, BTC was trading at $109,688, losing its nearest support floor of $110,000. 

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

Crypto analyst @BullrunnersHQ on X social media has issued a new market update, suggesting that XRP may be on the verge of a major rally as traditional markets reach record highs. His latest technical breakdown links the recent strength in the NASDAQ to potential moves within the crypto sector, warning that the “unthinkable” is about to occur for XRP soon. The analyst highlighted that XRP’s price structure and broader crypto signals are aligning for a decisive move that could determine whether the current bull market cycle continues or starts to reverse.

XRP Set For Unthinkable Upside Rally 

According to @BullrunnersHQ, the equity market is approaching critical levels that could dictate the next major trend in the crypto market and XRP price. Despite the crypto market struggling to reach similar highs, XRP remains firmly above the $2.50 range. He described this setup as “the unthinkable” moment for XRP, where the asset could finally break free from its prolonged consolidation and rally by “multiple hundreds of percent.”

Notably, @BullrunnersHQ asserts that XRP’s price structure remains technically healthy despite market volatility. The analyst also noted that the overall crypto market cap and sentiment indicators have improved, with the Fear & Greed Index climbing to 42 from mid-October lows. He further emphasized that Bitcoin continues to hold comfortably above its 50-week EMA, showing a pattern consistent with previous rallies that led to new peaks.

The analyst added that BTC’s new local high around $116,000 and a bullish crossover between the 10 EMA and 20 EMA suggest that momentum is returning to risk assets, setting the stage for XRP to outperform potentially. Notably, this period mirrors earlier market cycles where Bitcoin’s consolidation above key levels triggered explosive altcoin rallies.

XRP, which has held its support much longer than most cryptocurrencies in the market, could climb to a new all-time high once momentum shifts. 

To support his analysis, @BullrunnersHQ has referenced crypto market expert and Chartist Peter Brandt’s discussion about whether the NASDAQ’s recent price action represents a breakaway or an exhaustion gap. While Brandt leans cautiously bearish from an equities standpoint, @BullerunnersHQ remains confident that even if stocks slightly pull back or halt temporarily, money could still rotate into cryptocurrencies, potentially fueling XRP’s next major rally. 

Analyst Warns Of Exhaustion Gap And End Of Bull Market

In his analysis, @BullrunnersHQ also referenced crypto trader Abdullah, who believes that the NASDAQ’s rally also shows signs of an exhaustion gap, a signal often seen near the end of a bull market uptrend. Absullah points to overbought readings in both the Relative Strength Index (RSI) and the Stochastic RSI on the weekly timeframe, indicating that the markets could be nearing the end of their current bull market phase. 

@BullrunnersHQ agreed that the market may be nearing exhaustion but reiterated that XRP’s position offers more upside potential compared to other assets. He also emphasized that Bitcoin must continue to hold between $107,000 and $109,000 on the weekly timeframe. A failure to do so could signal the end of the broader bull market.

On-chain data shows the Dogecoin whales have participated in a significant amount of selling recently, a potential reason behind the memecoin’s decline.

Dogecoin Whales Shed 440 Million Tokens Over Last 72 Hours

As pointed out by analyst Ali Martinez in a new post on X, whales have reduced their Dogecoin supply over the past few days. The indicator cited by the analyst is the “Supply Distribution” from on-chain analytics firm Santiment, which tells us about the total amount of DOGE that investors belonging to a given coin range are holding as a whole.

In the context of the current topic, “whales” are the traders of interest. Their wallet range is typically defined as 10 million to 100 million tokens. At the current DOGE exchange rate, the lower end converts to $1.8 million and the upper end to $18 million. Given the scale, only big-money holders would be able to qualify for the group.

Such investors can carry some degree of influence in the market, so movements related to them can be worth watching. Their behavior doesn’t always impact the memecoin’s price, but it can still be revealing about the sentiment among this key cohort.

Now, here is the chart shared by Martinez that shows the trend in the Dogecoin Supply Distribution of the whales over the last few months:

As displayed in the above graph, the Dogecoin whales have seen a sharp decline in their supply recently, indicating that these humongous holders have been distributing. In total, the group has shed 440 million DOGE (worth $81.4 million) from its collective holdings during the last 72 hours. Alongside this trend, the DOGE price has slid down, implying that the whale selloff may have had a role to play.

The Supply Distribution of this cohort could now be monitored, as where it goes next could potentially contain hints about what’s coming for the cryptocurrency’s price.

Earlier in the week, Martinez shared another chart related to Dogecoin, this one showing a technical analysis (TA) pattern that DOGE has been trading inside on the 12-hour timeframe.

From the graph, it’s visible that the pattern in question is an Ascending Channel, a type of consolidation channel that appears whenever an asset trades between two parallel trendlines sloped upward.

The support line of the channel is located at $0.18. In the post, the analyst noted that holding this level could be key for DOGE. Following the whale selling, the coin is now retesting the level, with a brief fall below it even happening on Thursday, before the memecoin recovered back above it on Friday.

“If bulls defend it, next targets: $0.25 and $0.33,” said Martinez.

DOGE Price

At the time of writing, Dogecoin is floating around $0.185, down almost 6% in the last seven days.

Ethereum (ETH) remains under pressure, trading below the $4,000 mark as bulls attempt to reclaim control following weeks of post-crash uncertainty. The sharp sell-off on October 10 not only flushed leveraged positions across the market but also disrupted the uptrend ETH had been building throughout the summer.

Since then, price action has weakened, and momentum has shifted toward the downside, raising concerns among analysts that a deeper correction could unfold if buyers fail to defend key demand levels in the days ahead.

Despite these technical challenges, on-chain and institutional flow data tell a different story beneath the surface. Large-scale investors — including funds, corporate entities, and crypto-native institutions — continue to accumulate ETH during the pullback.

The divergence between price weakness and institutional accumulation creates a pivotal setup for Ethereum. If ETH can stabilize and reclaim the $4,000 threshold, it may re-ignite bullish momentum. But failure to hold support could open the door to further downside before a sustainable recovery emerges.

Bitmine Adds ETH as Institutional Accumulation Climbs

According to data tracked by Lookonchain, institutional player Bitmine has continued its aggressive accumulation strategy. Purchasing 44,036 ETH — worth approximately $166 million — during the recent market pullback.

This purchase lifts Bitmine’s total holdings to roughly 3.16 million ETH, valued at around $12.15 billion, reinforcing the company’s position as one of the largest Ethereum holders globally. Such sizeable buying activity during periods of price weakness highlights a notable divergence between institutional behavior and short-term market sentiment.

While retail traders and leveraged participants may be shaken by Ethereum’s inability to reclaim the $4,000 level, long-horizon buyers appear unfazed. For them, price dips represent accumulating opportunities rather than reasons for concern.

This duality is becoming increasingly evident across the market: spot inflows, exchange outflows, and whale accumulation metrics all point to growing long-term conviction, even as the chart reflects hesitation and downward pressure.

This divergence underscores a familiar pattern in crypto market structure. Price action often lags underlying fundamentals, particularly during transitional phases where macro catalysts and liquidity shifts are still being digested. Ethereum remains structurally supported by rising institutional participation, increasing staking demand, and expanding Layer-2 ecosystems — all of which strengthen its long-term investment thesis.

Ethereum Tests Key Support

Ethereum (ETH) is trading around $3,847, testing a critical support zone after failing to hold above $4,000 and rejecting from the $4,200 resistance area earlier this week.

The daily chart shows ETH breaking below both the 50-day (blue) and 100-day (green) moving averages, signaling weakening momentum and a shift toward a more defensive market posture. This breakdown places increased pressure on bulls to defend the $3,800 region — a level that has repeatedly acted as a pivot point over the past two months.

If ETH loses this support, the next meaningful demand zone lies near $3,500, followed by the 200-day moving average around $3,200, which would serve as a deeper structural retest within the longer-term uptrend. For now, however, ETH remains above its long-term trend line, meaning the broader bullish structure is intact despite short-term weakness.

On the upside, bulls need to reclaim $4,000 and then $4,150–$4,200 to revive bullish momentum and break the series of lower highs forming since September. Until that happens, price action favors consolidation and caution. With macro shifts underway and institutional accumulation rising, Ethereum’s chart suggests a wait-and-see phase, where holding support becomes crucial before any renewed upside attempt.

Featured image from ChatGPT, chart from TradingView.com

Bitcoin (BTC) tumbled below the $110,000 level in a sharp move that rattled markets and triggered a wave of short-term panic selling. The sudden decline followed an initial post-Fed volatility spike, as traders reacted to the US Federal Reserve’s 25bps rate cut and announcement of an impending end to quantitative tightening. With uncertainty still lingering, BTC briefly slipped into a risk-off spiral, testing investor conviction and flushing out leveraged positions in the process.

Despite the market turbulence, several analysts argue this move may represent a classic shakeout, rather than the beginning of a larger breakdown. Historically, Bitcoin has often seen sharp pullbacks immediately before renewed upside momentum, especially during early liquidity-expansion phases.

For now, all eyes are on whether Bitcoin can stabilize and reclaim the $110K zone, a level that has repeatedly acted as a pivot throughout the past month. As markets digest the Fed’s decision, the focus turns to whether Bitcoin can wake up from this sudden sell-off and reclaim strength heading into November.

PoC Becomes Critical Battleground as Market Signals Indecision

According to top analyst On-chain Mind, Bitcoin’s current price structure is being defined by a major volume cluster centered around $117,000, which now serves as the Point of Control (PoC) in the local market profile.

This level represents the price zone with the highest traded volume in the recent range — effectively the point where buyers and sellers have shown the strongest interest and where the market has spent considerable time balancing liquidity.

In practical terms, the PoC functions as a fair value zone for market participants. When the price trades below it, bulls need to reclaim the level to regain trend strength; when the price trades above it, the zone tends to act as support. Today, BTC remains beneath the $117K PoC, signaling that the market has yet to re-establish bullish dominance after the recent shakeout.

On-chain Mind notes that reclaiming $117K would likely trigger renewed momentum, opening the door for a retest of the $120K–$123K range. Until then, however, the structure remains indecisive, with price hovering in a neutral zone where neither bulls nor bears hold a clear advantage. This aligns with broader market behavior: reduced leverage, mixed sentiment, and trader caution following aggressive liquidations earlier in October.

The market is digesting macro shifts, recalibrating position sizes, and waiting for a clearer signal. If Bitcoin can stabilize above recent support and begin rotating back toward the PoC, reclaiming $117K could mark the moment the next leg up begins.

Bitcoin Attempts Rebound Above $110K

Bitcoin (BTC) is currently trading near $110,180 on the 4-hour timeframe, attempting to stabilize after yesterday’s sharp drop. The price managed to reclaim the $110K level, suggesting buyers stepped in at intraday lows around $108,500, an important local demand zone that has repeatedly supported the price since mid-October. However, the recovery remains fragile, with BTC now approaching a cluster of short-term resistance levels.

The 50-period EMA sits just above the current price, and the 100- and 200-period moving averages remain overhead, stacked bearishly. This alignment indicates that momentum has not fully shifted back to the bulls yet.

To regain control, BTC must break above $112,000–$113,000, where multiple moving averages converge and prior support now acts as resistance. Clearing this zone would open the path toward the critical $117,500 Point of Control — the key level bulls need to reclaim to re-establish medium-term strength.

If Bitcoin fails to hold $110K, support lies at $108,500, followed by the deeper liquidity zone around $106,000, where buyers strongly defended price during the October 10 flush. For now, BTC remains in a neutral recovery posture, trying to build a base while navigating overhead pressure from macro uncertainty and recent leverage unwinds.

Featured image from ChatGPT, chart from TradingView.com

The crypto community has long referred to October as Uptober, a nickname earned through Bitcoin’s consistent history of strong monthly performances. The trend has been so reliable that the month became synonymous with price surges. 

Bitcoin has always closed October in profit over the previous seven years, a record streak unmatched by any other month in its history. However, October 2025 appears to be challenging that reputation. As the month draws to an end, Bitcoin is roughly 4% below its monthly open, and October might finally end in red territory for the first time since 2018.

Bitcoin Might Close October In Red

Bitcoin’s price opened October at $114,079, and its sentiment was overwhelmingly bullish at the beginning of the month, carrying over a positive 5% monthly close in September. This bullish sentiment saw the leading cryptocurrency break above $126,000 for the first time before finally setting a new all-time high of $126,080 on October 6. The move strengthened hopes that Uptober would live up to its name once again. 

However, the bullish momentum cooled off rapidly, with Bitcoin slipping below $120,000 very quickly. By the middle of the month, Bitcoin witnessed a flash crash that caused its price to fall as low as $101,000 in a quick move. As it stands, Bitcoin is now consolidating near $110,000 by late October, and it can only register a monthly close above this level.

The last time Bitcoin closed October in the red was in 2018, when it closed at $6,303, which is about 4% below its October open of $6,958. That year was during the height of a prolonged bear cycle, when the crypto market was struggling to recover from the massive 2017 rally. Bitcoin’s price had already suffered consecutive down months, and October’s decline was followed by an even more brutal 36.4% crash in November, the steepest monthly loss in the cryptocurrency’s history.

Could November Be Different This Time?

The question now is whether Bitcoin might repeat this downtrend in November 2025. If history were to repeat itself, like it always does in the crypto market, a negative October close could precede another correction in November. However, the answer might not be as straightforward. 

Unlike in 2018, Bitcoin’s current market structure is supported by several bullish fundamentals. Institutional interest through Spot Bitcoin ETFs, exchange outflows, and on-chain data shows that long-term holders are not selling aggressively. Even as the price is consolidating around $110,000, volatility is lower than during previous market tops, and this indicates a phase of cooling before another breakout. 

Even if the month closes in red, the overall bullish trajectory of Bitcoin is intact. Bitcoin continues to hold its dominance and attract capital inflows. The only sure way Bitcoin might end November 2025 in red is if Spot Bitcoin ETFs perform very poorly throughout the month.

At the time of writing, Bitcoin is trading at $109,700.

Ethereum is once again testing the strength of its key support band around the $3,700 zone, a level that has acted as a crucial lifeline for bulls in recent months. With momentum fading after repeated rejections near resistance, speculations are whether buyers can step in to spark a renewed push upward or if a deeper correction is on the horizon.

ETH Pulls Back After Golden Pocket Rejection

In his latest market update, Luca shared insights on Ethereum’s current technical setup, noting that the asset recently faced rejection at the high-timeframe resistance zone he had highlighted in earlier analyses. This rejection aligns with the golden pocket between the 0.5 and 0.618 Fibonacci points of interest (POIs). Following this rejection, Ethereum’s price has retreated into the broader accumulation range marked in green on his chart.

According to Luca, this accumulation zone has served as a strong reversal area in recent months, providing crucial support whenever price corrections intensified. It also coincides with the Weekly Bull Market Support Band, reinforcing its importance as a potential turning point in Ethereum’s next major move.

Despite this, the analyst cautioned that the current market structure appears vulnerable to a breakdown. Luca emphasized that while he remains optimistic about Ethereum’s long-term potential, if the breakdown is confirmed, he plans to stay objective by hedging part of his spot holdings. Doing so, he believes, would help reduce exposure to downside volatility while keeping capital ready to re-enter the market once a more sustainable bullish reversal emerges.

Luca concluded by reiterating his adaptive trading strategy, a balance between flexibility and discipline. By maintaining moderate cash positions and exposure to defensive assets, he ensures the ability to act quickly when clear opportunities arise while safeguarding capital during volatile market phases.

Ethereum Holds The Mid-Range Support Zone Between $3,600–$3,700

According to GrayWolf6, Ethereum is currently trading within a defined range between $3,900 and $3,100, with the price recently touching the mid-range support area around $3,600–$3,700. He noted that the Stochastic RSI is flashing a bullish signal, hinting at the potential for a short-term rebound from this zone as buyers begin to regain momentum.

GrayWolf6 further explained that since ETH reached $4,250 just a few days ago, another move toward the upper band remains a possibility. Should the price reclaim strength, the next upside target could extend to around $5,200.

Despite this optimistic outlook, the analyst cautioned that Ethereum remains confined within the lower range, keeping the downside risk near $3,100 in play. He mentioned taking profits on his earlier short position and is now watching closely for signs of a bounce from this intermediate support level. For him, the strategy remains steady, risk-managed, positions hedged, and the next move is patiently waiting.

The stablecoin issuer saw strong growth in the third quarter, reporting a $17 billion increase in circulating USDT and $135 billion exposure to U.S. Treasuries.

The Dogecoin price has been experiencing severe volatility and extended periods of sideways trading in recent weeks. However, seasoned analysts suggest that there’s little reason to panic. Beneath the short-term turbulence lies a long-term structure that experts believe could set the stage for a major price breakout. They suggest that the broader technical picture paints a bullish narrative, one that could eventually drive DOGE above $1 once momentum resumes. 

Long-Term Accumulation Signal Dogecoin Price Next Bull Run

According to a technical analysis presented by crypto analyst EtherNasyonal on X social media this week, the Dogecoin price is preparing for a major bull run above $1. He explained that the DOGE’s price action remains within a powerful long-term Ascending Channel, maintaining structural integrity despite ongoing price fluctuations. His analysis of the monthly chart reveals that the meme coin has been establishing a multi-year accumulation base, similar to the patterns formed before its explosive rallies in 2017 and 2021. 

EtherNasyonal highlights that momentum is quietly building above key support levels, indicating that the next expansion phase could be forming. The chart illustrates that Dogecoin, which has been trading within a rising parallel channel since 2014, is currently consolidating around the lower boundary near $0.18. 

Historically, each time Dogecoin has completed a similar descending pattern within this structure, it has initiated a parabolic move upward. The previous breakout propelled the meme coin by several thousand percent, lifting it from fractions of a cent to all-time highs above $0.70. 

Dogecoin’s current chart setup suggests a repeat of this bullish behavior. A large, rounded base pattern is visible between 2022 and 2024, reflecting steady accumulation and a potentially decreasing selling pressure. EtherNasyonal’s projection targets the upper midline of the Ascending Channel, potentially above $1, if historical patterns play out as expected. 

Dogecoin False Breakdown Hints At Potential Reversal

On shorter timeframes, crypto analyst Trader Tardigrade provides additional context to Dogecoin’s current price action. His 4-hour chart highlights a “false breakout” followed by a “false breakdown.” Dogecoin initially broke above resistance near $0.206 but failed to hold, retracing sharply to retest the lower boundary around $0.178.

This quick reversal pattern, marked by aggressive selling followed by a swift rebound, often precedes a recovery move back toward former resistance levels. Trader Tardigrade’s chart structure indicates that the breakdown beneath the horizontal support level was short-lived, with buyers likely stepping in to absorb liquidity and push prices upward. 

The chart setup suggests that DOGE could soon reclaim the $0.20 – $0.21 region as the next target zone from its current price of $0.18. If the bounce continues and momentum aligns with the broader monthly structure, this could serve as the first leg of a sustained uptrend.

Bitcoin mining is entering a new era in Japan, where it’s no longer viewed as an energy drain. The transformation is being spearheaded by Canaan (CAN), a forward-thinking initiative that integrates BTC mining into Japan’s renewable energy ecosystem to balance power demand and supply.

This Is How Bitcoin Fits Into National Energy Policy

In an X post, crypto analyst TheGentleTraveler has shed light on a significant and innovative development at the intersection of Bitcoin mining and energy infrastructure. CAN (Canaan Inc.) has announced a 4.5 MW smart BTC mining deployment set to power Japan’s energy grid.

Related Reading: China’s Bitcoin Mining Isn’t Dead — It’s The World’s No. 3 Contributor

According to TheGentleTraveler, CAN has secured a 4.5 MW contract in Japan to deploy its advanced Avalon A1566HA hydro-cooled mining servers for power-grid load balancing and energy-efficiency optimization. The project, which runs in collaboration with a major Japanese utility, will use Canaan’s smart-control chip capable of dynamically adjusting frequency, hashrate, and voltage in real time. This flexibility helps to stabilize the grid amidst rising AI and residential power demand.

The GentleTraveler noted that this initiative reflects Canaan’s expanding strategic role, which combines BTC mining with renewable energy and AI infrastructure. Furthermore, it aligns seamlessly with Japan’s recent crypto-asset regulatory reforms. Canaan CEO Nangeng Zhang emphasized that this technology allows utilities to utilize BTC mining as a digital load balancer. Zhang confirmed that similar deployments have already been launched in the Netherlands, with further expansions planned for 2026.

Despite this groundbreaking news, CAN’s stock is currently down – 7% after the announcement. This short-term dip is attributed to a combination of the general weakness in the broader BTC sector and the At-The-Market (ATM) announced by Canaan last Friday.

How Bitcoin Miners Become Long-Term Investors

A key observer in the Bitcoin landscape, GoMining, has stated that every block mined secures the network and strengthens BTC’s role in the modern economy. GoMining has highlighted several standout developments from the past week that collectively underscore this accelerating trend of institutional and sovereign adoption.

The expert first draws attention to the strategic actions of mining companies in the US, exemplified by American Bitcoin Corp boosting its reserves to 3,865 BTC. According to GoMining, this is proof that miners are not just securing the network; they are becoming long-term institutional holders. Meanwhile, France’s National Assembly has advanced a bill to create a national BTC reserve, a signal that sovereign adoption is moving from concept to policy.

Furthermore, GoMining explains that the public companies now collectively hold over $117 billion in BTC, representing a substantial 38% increase in Q3 alone. Such a surge indicates a growing trend where corporate balance sheets are becoming part of BTC’s security layer. GoMining concluded that every hash is a vote for an open institutional future.

Last updated on October 31, 2025

This Article Was First Published on The Bit Journal.

Binance QR payments have officially gone live in Argentina, giving verified users a new way to spend crypto on daily purchases. According to the source, customers can now scan a merchant’s interoperable QR code through the Binance Pay app, select their preferred cryptocurrency, and pay instantly.

The system automatically converts the crypto into Argentine pesos so merchants receive local currency directly. This development turns digital assets into real-world spending power.

Rollout and Features

The launch of Binance QR payments allows verified users in Argentina to make purchases with more than 100 supported cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), and Tether (USDT).

The feature connects with the country’s interoperable QR network, making it compatible with many merchants already using digital payment systems. According to the platform’s FAQ, this functionality is only available to individual users in Argentina.

There are spending limits to maintain compliance and stability. Each transaction can reach up to 1,500 USDT, while the total monthly cap is 5,000 USDT. Merchants do not need to manage wallets or worry about crypto volatility because all conversions to Argentine pesos are handled automatically by regulated local partners.

Users benefit from zero transaction fees and near-instant processing times. For a typical crypto holder, this means buying a coffee or clothing item can be as easy as sending a text message.

Why Binance QR Payments Matter

Binance QR Payments are essential for the crypto community as they connect trading and daily use. Argentina suffers from constant inflation and decreasing currency value, which has made crypto a great option for keeping one’s wealth. But with this project, the whole digital asset world is practically transformed into a convenient way to use that value in everyday life.

Merchants gain too. They receive pesos immediately without needing to understand blockchain or track crypto price swings. The system simplifies the process, removes friction, and helps small businesses tap into new customer bases who prefer digital currency.

Market analysts suggest this rollout could mark a new chapter for crypto adoption across Latin America. It highlights how digital assets can solve real-world problems rather than remain speculative instruments.

How It Works

1. Open Binance Pay in the Binance app.
2. Scan the merchant’s QR code.
3. Choose the crypto you want to spend.
4. Confirm payment and wait for instant conversion to pesos.
5. The merchant receives funds in Argentine pesos through a regulated payment partner.

This streamlined process makes Binance QR payments faster and more practical than traditional banking systems, especially in economies with high transaction fees and currency instability.

Key Points to Consider

The service currently operates only for verified users based in Argentina. Asset volatility still exists before conversion, but once the transaction occurs, the merchant is shielded from crypto price movements. Regulatory compliance and merchant adoption will determine how quickly this feature scales beyond Argentina.

Conclusion

With Binance QR payments, crypto is taking its first big step into Argentina’s mainstream payment scene. It turns digital coins into spendable money and shows how blockchain technology can fit into everyday life.

For crypto enthusiasts, this marks the start of a more usable, practical ecosystem where digital assets can be moved from wallets into real-world value.

Glossary of Key Terms

• QR Code: A scannable barcode used for instant transactions.
• Cryptocurrency: A digital asset that uses encryption to secure transactions.
• Stablecoin: A crypto token pegged to a stable currency like the US dollar.
• Conversion Rate: The rate used to exchange crypto for fiat currency.
• Interoperable QR Network: A payment system that allows cross-platform QR scanning.

FAQs About Binance QR Payments

Q1: Are Binance QR payments free to use?

Yes, users pay no extra transaction fees in Argentina.

Q2: Which cryptocurrencies can be used?

More than 100 digital assets, including BTC, ETH, and USDT, are supported.

Q3: What are the transaction limits?

Each payment can reach 1,500 USDT, with a 5,000 USDT monthly limit.

Q4: Do merchants receive crypto or pesos?

Merchants receive Argentine pesos through a regulated payment partner.

Q5: Is this service available outside Argentina?

No, it is currently limited to verified Argentine users.

Read More: Binance Turns Crypto Into Cash on the Spot with New QR Payments">Binance Turns Crypto Into Cash on the Spot with New QR Payments

Crypto analyst XForce has predicted that the XRP price could rally to $10 on a wave 3 impulsive move to the upside. The analyst also indicated that the bottom was in for XRP even as the crypto market remains in a downtrend. 

XRP Price Headed To $10 On Wave 3 Move

In an X post, XForce told XRP holders to get ready for a rally to $10 or higher, which he described as a conservative wave 3 target. He noted that there are minor market inefficiencies in the local timeframes for the XRP price. However, the analyst added that the macro chart shows clear accumulation and a solid price floor after almost a year of distribution. 

Crypto analyst CasiTrades had also predicted that the XRP price could rally to as high as $10 on the wave 3 move. However, she predicted that XRP would crash to as low as $1.4 first to complete the macro wave 2 correction, which had begun around the largest liquidation event on October 10. 

XForce indicated that this projected crash to $1.4 for the XRP price was unlikely to happen. The analyst opined that the major low was in and alluded to the macro chart, which showed that the low had been broken, but XRP bounced hard from it. He added that XRP could stay in this current range for more distribution before the next leg up, but believes that predictions about a further downtrend are all “noise.”

The XRP price has continued to range between $2.4 and $2.6 as the market recovers from the October 10 crash, which saw XRP drop to as low as $0.77 on Binance. Meanwhile, it also dropped below the psychological $2 level on other exchanges. 

One Final Drop For XRP

Crypto analyst CasiTrades doubled down on her prediction that the XRP price would witness one final crash before a rally to the upside. She noted that the altcoin is reacting exactly as expected, having rejected the Wave 4 resistance near $2.68. She added that the price is now turning bearish and the RSI is making a new low, which is starting to confirm that Wave 5 down is underway. 

CasiTrades stated that breaking below $2.42 would confirm continuation toward the lower targets at $2.03 and $1.65. These two lower levels are said to have alignment with the Wave 5 extension. The analyst again indicated that the XRP price could drop to at least $1.65, which she noted is the macro .618 retracement. 

CasiTrades opined that this projected crash should complete the final wave of the correction before a massive wave 3 impulse to the upside. She added that once the bottom forms, the next impulse should be “fast and obvious,” with the XRP price cutting through resistance on the way to new highs. 

At the time of writing, the XRP price is trading at around $2.48, down in the last 24 hours, according to data from CoinMarketCap.

Coins.ph announced a partnership with BCRemit that will allow OFWs in the U.K., EU, U.S., and Canada to easily send money to the Philippines.

The post Coins.ph and BCRemit tie-up for fast, affordable money transfers from filipinos abroad appeared first on CoinGeek.

The Shiba Inu open interest has been one of the worst-performing among the top cryptocurrencies by market cap in the year 2025. While there has been a general increase in open interest across the likes of Bitcoin and Ethereum, pulling the market up with them, Shiba Inu has not followed this trajectory. Instead, the meme coin’s open interest has crashed significantly, making new 2025 lows in the process.

Shiba Inu Open Interest Crashes Below $100 Million

At the start of the year, on January 16, 2025, the Shiba Inu open interest had hit a new all-time high above $519 million despite the SHIB price action remaining relatively muted. It wasn’t long until the open interest began to decline, and it has been mostly downhill from there since.

By the start of February 2025, the Shiba Inu open interest had crashed by more than 50%, recording one of the sharpest declines in the market. However, the open interest had managed to stay above the 2024 lows as the SHIB price fluctuations kept traders interested.

Now, however, the majority of the open interest that was seen in Shiba Inu at the start of the year is almost completely gone. Data from the Coinglass website shows that the open interest has now fallen below $100 million for the first time in 2025, marking a new yearly low.

The current average of around $89 million translates to an over 80% decline in the last 9 months, painting a similar picture to the alt coin’s price, which is down 88% from its 2021 all-time highs. As this decline continues, it continues to impact the price, affecting its ability to stage a meaningful recovery.

SHIB Could Be At A Pivotal Point

As mentioned above, the last time that the Shiba Inu open interest was this low was back in 2024, but the interesting thing is that periods of low interest have often preceded some of the biggest moves. Back in August 2024, the Shiba Inu open interest had fallen to its lowest levels since 2023, but the next three months would see a rapid increase in both interest and price.

Times of low interest, such as these, have often been breeding grounds for accumulation ahead of the next move. Thus, the Shiba Inu open interest dropping to yearly lows could be setting the stage for another price rally.

dYdX (DYDX), one of the leading decentralized cryptocurrency trading platforms in the industry, is reportedly preparing to enter the US market by the end of the year, following the recent shift in crypto policies by the Trump administration. 

dYdX Expands Amid Supportive Legislation 

In an interview with Reuters, Eddie Zhang, the president of dYdX, emphasized the importance of this move, stating that having a presence in the United States aligns with the platform’s future direction.

Unlike centralized exchanges such as Coinbase (COIN) and Kraken, which act as intermediaries between buyers and sellers, dYdX aims to eliminate the middleman, allowing users to transact directly on a blockchain network that underpins cryptocurrencies. 

The platform specializes in perpetual contracts, a form of derivative that enables traders to speculate on asset prices without ownership and without an expiration date, distinguishing it from traditional futures contracts. Since its inception, dYdX has surpassed $1.5 trillion in total trading volume.

As part of its expansion strategy, dYdX plans to introduce spot trading for Solana (SOL) and other linked cryptocurrencies, potentially including XRP and Cardano (ADA), to US users by the end of the year. 

This move comes in the wake of President Donald Trump’s increased support for the cryptocurrency sector, which has led to the dismissal of numerous lawsuits against major crypto platforms and prompted financial regulators to develop specialized rules for digital assets.

These new measures include Congress’s passage of the GENIUS Act earlier this year and the potential passage of the Market Structure Bill. Together, these measures address the industry’s call for a new framework that could boost adoption and growth of the broader digital asset ecosystem in the US.  

Trading Fees Slashed, Prospective Offerings Awaiting Guidance

Upon its entry into the US market, Reuters reports that dYdX intends to reduce its trading fees significantly, with plans to cut them by as much as half, bringing them down to between 50 and 65 basis points. 

However, while perpetual contracts will not be available to US users immediately, Zhang expressed hope that regulators will eventually provide the necessary guidance for decentralized platforms to offer these products.

The US Securities and Exchange Commission and the Commodity Futures Trading Commission (CFTC) recently issued a joint statement indicating their willingness to consider allowing crypto perpetual contracts to trade across regulated platforms in the US, which could pave the way for dYdX’s future offerings.

As of this writing, the platform’s native token, DYDX, is trading at approximately $0.30. However, the token has experienced a significant decline of nearly 68% over the past year, shedding about $1.43 billion in market cap value.

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

Despite the Federal Reserve (Fed)’s announcement of a 25-basis-point rate cut, Bitcoin (BTC) has dropped nearly 4% in the past 24 hours, losing its local range low for the first time in a week. Some analysts have warned that this week’s close is crucial for the flagship crypto’s short-term performance.

Bitcoin Price Eyes Crucial Weekly Close

On Thursday, Bitcoin dropped below the recently reclaimed $110,000 area, hitting a one-week low of $106,700. Notably, the cryptocurrency has been trading within the $108,000-$120,000 price range since July, but has failed to reclaim the range highs after the early October correction.

Amid this performance, Ted Pillows suggested that the market volatility was expected, as BTC has shown a similar price action since the start of Q3. The analyst explained that Bitcoin has dropped 6%-8% after the last three Federal Open Market Committee (FOMC) meetings, but it has also made a new all-time high (ATH) before the next one.

According to the chart, BTC’s price reached its local bottom 5-9 days after the meeting, quickly recovering from the drop and rallying to new highs in the coming weeks. As price retests the $106,000 area, Ted predicted that a repeat of the same playbook could happen.

However, he warned that Bitcoin must reclaim the $113,500 in the coming days to prevent a larger pullback. “A weekly close below that level will increase the likelihood of a bigger correction,” the analyst explained.

Similarly, Rekt Capital pointed out that Bitcoin must close the week above the $114,500 to turn this level back into support. He noted that after the recent performance, a volatile retest of this level would be “perfectly fine” as long price closes above this crucial level at the end of the week.

Confirming the Range Low of ~$114k as support would confirm re-entry into the Range, kickstart consolidation within the Range again, and enable a move across it towards the Range High of ~$119000 (red) in an effort to breakout from it and challenge $120k+ once again.

Is BTC’s End-Of-Year Rally Still On?

Michaël van de Poppe affirmed that $112,000 is the next key area to break before a new ATH, as it has been a crucial resistance level in the daily timeframe for the past few weeks. Per the post, a breakout from this area could set the base for a retest of the $119,000-$120,000 zone.

On the contrary, a rejection from this level could send the price toward the $103,000 mark or lower, he warned. “I do think we’ll see a new ATH in November,” the market watcher added.”

Meanwhile, Daan Crypto Trades highlighted that BTC is “just playing ping pong” between its key levels and will continue to move within its range until one of the boundaries is successfully broken.

The trader added that November is one of Bitcoin’s best months based on historical performance, which could suggest that a price rally could be near. Notably, 8 out of 12 Novembers have closed in green, with a median return of 10.82%, according to CoinGlass data.

Moreover, he noted that the last two months of the year are when the three previous bull runs topped and the past two bear markets bottomed. “Whether it’s on the bullish or bearish side, volatility and big market pivots have been the theme into the end of the year,” he concluded.

Ethereum (ETH) is struggling to break above the $4,000 mark and regain a clear bullish structure, with price action tightening after several failed attempts to reclaim momentum. The market remains cautious following recent volatility, and traders are watching closely to determine whether ETH will resume its uptrend or continue drifting lower. Analysts are currently split: some argue Ethereum’s fundamentals remain strong, fueled by network activity, scaling advancements, and institutional traction, while others point to increasing downside pressure and weakening market structure that could lead to a deeper pullback.

Despite the uncertainty in price, fresh on-chain data signals growing confidence among long-term participants. According to Santiment, more than 200,000 ETH — worth approximately $780 million — have been withdrawn from exchanges over the past 48 hours, marking one of the largest short-term outflow spikes this quarter. Such activity typically suggests accumulation, as investors move assets into self-custody rather than keeping them on exchanges to sell.

This divergence between price hesitation and heavy accumulation reinforces the current market debate. With liquidity dynamics shifting, Ethereum sits at a pivotal moment, and its ability to reclaim $4,000 will likely determine whether bullish momentum re-emerges heading into November.

Large ETH Withdrawals Signal Investor Conviction As Market Shifts Toward Risk-On Environment

The recent wave of large Ethereum withdrawals from exchanges further reinforces a growing theme in the market: investor conviction is strengthening. With more than 200,000 ETH moved into self-custody within 48 hours, many participants appear confident in Ethereum’s medium-term outlook, suggesting accumulation rather than distribution. Historically, substantial exchange outflows have coincided with accumulation phases ahead of major market advances, especially when paired with favorable macro shifts.

For many analysts, Ethereum now sits at the center of a potential bullish impulse across altcoins. Despite its recent struggle to convincingly reclaim the $4,000 level, sentiment in the broader market remains constructive. ETH continues to benefit from fundamental tailwinds, including increasing network utility, expanding Layer-2 activity, and rising staking participation. If market conditions turn decisively risk-on, Ethereum’s role as the primary settlement and liquidity hub for the altcoin ecosystem positions it to lead capital flows.

Macro conditions are also aligning in ETH’s favor. With the Federal Reserve cutting interest rates by 25 basis points and signaling the end of quantitative tightening, global liquidity is expected to gradually improve. Historically, shifts toward monetary easing have accelerated inflows into risk assets — crypto included. As traditional markets anticipate a clearer pivot, investors may increasingly seek exposure to high-beta assets with strong structural narratives, and Ethereum fits that profile.

Ethereum Holds $3,900 as Price Compresses Below Key Moving Averages

Ethereum (ETH) is trading near $3,905, holding a key support region but struggling to reclaim upside momentum as price remains capped beneath major moving averages. After failing to sustain moves above the $4,200 resistance area earlier this month, ETH has drifted lower into a tightening range, reflecting indecision and reduced volatility following recent macro-driven swings.

The chart shows ETH trading below both the 50-day (blue) and 100-day (green) moving averages, which currently sit just above price and are acting as dynamic resistance. For bulls, reclaiming these levels — particularly a daily close above $4,050–$4,150 — would be a constructive sign that momentum is shifting back in favor of buyers. Such a reclaim could open a path toward retesting $4,300–$4,500, where recent supply pressure has consistently emerged.

On the downside, the $3,800 level remains the primary support to watch. A sustained break below this zone could expose ETH to lower levels near $3,500, especially if broader market sentiment weakens. However, the 200-day moving average (red) remains well below the price near $3,200, signaling that the long-term bullish structure is still intact.

Featured image from ChatGPT, chart from TradingView.com

Dogecoin’s recent decline may be nearing exhaustion as the price edges toward a crucial support zone. With the downward wave showing signs of completion, market watchers are now eyeing a potential shift in momentum that could spark the next bullish reversal.

Price Channel Near Completion: One Key Level Left To Break

After examining the Dogecoin (DOGE) 30-minute chart, the Elliott Waves Academy updated its outlook to confirm a period of strong selling pressure. Technical analysis clearly indicates that the DOGE/USD pair is nearing the completion of a defined price channel pattern, with only one key level remaining before the next major wave is confirmed.

Specifically, the downward leg represents Wave (5) of Wave 3 within a larger bearish sequence. According to  Elliott Waves Academy, the bearish outlook is heavily supported by the preceding structure, which involves a confirmed and strong downward wave representing Wave (3), demonstrating robust and sustained momentum from the sellers.

A continuation of the bearish outlook is structurally reinforced by the presence of the price channel pattern itself. Key to confirming the final downward wave hinges on the price breaking the key support level of the current minor correction.

Elliott Waves Academy emphasized that successfully breaking this critical key level will provide undeniable confirmation of the bearish view and set a precise trajectory for the completion of the move. Elliott Waves Academy targets the $0.1843646$ level as the expected floor for this phase. The objective is anticipated to be the point at which the internal wave structure is complete and the current bout of selling pressure is exhausted.

Finally, Elliott Waves Academy noted that a crucial follow-up action: after reaching the $0.1843646$ level, a corrective upward main wave is predicted to follow. This implies that anticipated downside is part of a structural cycle and should be followed by a noticeable relief rally.

Momentum Builds Quietly Beneath The Surface

According to EᴛʜᴇʀNᴀꜱʏᴏɴᴀL, Dogecoin continues to follow the same structural rhythm observed in previous market cycles. The price action is unfolding in a familiar pattern, suggesting that the asset may be preparing for another significant move once conditions align.

In his post, EᴛʜᴇʀNᴀꜱʏᴏɴᴀL revealed that momentum is quietly building above key support levels, signaling underlying strength in the market despite the recent volatility. The structure remains technically sound, indicating that buyers are gradually regaining control.

He concluded by emphasizing that patience is key before the next ignition phase, as Dogecoin consolidates and gathers momentum. The current setup suggests a potential upside once a breakout confirms renewed bullish momentum.

Ethereum’s scaling era is evolving, and Linea is emerging as one of its most important pillars. By enabling faster, cheaper transactions while maintaining full ETH security and composability, Linea is building the infrastructure for real economic activity.

Why Ethereum Needs An Economic Backbone

Linea is rapidly evolving into the Ethereum economic backbone. Crypto analyst Henry has revealed on X that Linea was built from first principles as a reinforcement layer for ETH’s future. The reason why Linea is catching serious attention is that over $1 billion in Total Value Locked (TVL) and $130 million in stablecoins represent real liquidity inflow into the network, not inflated metrics. 

Furthermore, Linea’s buyback and burn mechanism ties are built directly into protocol revenue. MetaMask’s deep integration and the seamless user experience (UX) are instant reach, and the developer-first architecture actually scales without breaking ETH’s security. The rumors of a MASK airdrop and upcoming institutional deployments only add fuel to the narrative. 

While others are chasing hype, LineaBuild is constructing the infrastructure that powers real revenue. Henry concluded that every stat is screaming one thing, and adoption is real. “Nothing can defeat this, and Linea is ETH’s execution layer for the next cycle,” the expert added.

Crypto analyst BullifyX has also made a bold declaration that the next evolution of Web3 is unfolding right on LineaBuild. Linea isn’t just another Layer 2 blockchain, but it’s a new foundation for scalability, speed, and developer freedom. With zkEVM precision, ultra-low gas, and ETH-grade security, Linea bridges the gap between innovation and accessibility.

Furthermore, LineaBuild is a frictionless playground for builders, while for users, it delivers pure performance. BullifyX emphasizes that Linea’s role is to transform complex blockchain experiences into smooth, scalable realities, powering applications, digital economies, and the immersive metaverses. “The future doesn’t wait. It scales on LineaBuild.” BullifyX noted.

The First Public Company Just Proved Ethereum’s Real-World Use Case

In a monumental shift, the institutional adoption of Ethereum had just leveled up. According to Stacy Muur, the founder of GREENDOTS, the catalyst for this advancement is the deployment of an impressive $200 million in ETH on LineaBuild by SharpLink, a publicly traded company, powered by EigenLayer’s EigenCloud, ether_fi restaking, and Anchorage for secure, regulated custody.

Muur explained that this is the first fully verifiable, ETH-aligned institutional treasury activation. Meanwhile, a public company is now using EigenCloud as infrastructure for staking and verifiable on-chain treasury management. This suggests that the ETH restaking economy is robust enough to regulate capital.

The open interest in XRP and Solana (SOL) futures and options has reached a record $3 billion on the Chicago Mercantile Exchange (CME). According to the CME data, this remarkable milestone was reached during Monday’s session, which saw both XRP and Solana reach their highest level of participation. 

Both cryptocurrencies have gained traction among institutional investors, who are now treating XRP and Solana as serious alternatives to Bitcoin and Ethereum in the derivatives market.

CME’s Record $3 Billion Milestone

Data from CME Group reveals that open interest in XRP and Solana futures has climbed to about $3 billion in total value. The figure captures the total capital tied up in active contracts, serving as one of the best indicators of investor activity and confidence. 

CME data shows that around 9,900 XRP contracts and 17,400 Solana futures contracts were opened during this surge of high activity, including both standard and micro versions.

This achievement comes less than a year after CME introduced these products. Solana futures launched in March 2025 and quickly rose to prominence, followed by XRP futures in May. Both have now joined the ranks of the exchange’s most traded crypto derivatives, competing directly with Bitcoin and Ethereum futures. 

This record milestone is part of a growing interest in its digital currency instruments. Tim McCourt, Global Head of Equities, FX, and Alternative Products at CME, noted that the exchange has witnessed intense client demand for nonstop trading. In response, the CME Group had revealed plans to make cryptocurrency futures and options available for trading 24 hours a day, seven days a week, starting from early 2026, although pending approval. 

The increase in open interest highlights how XRP and Solana now dominate the altcoin derivatives scene on CME. Solana futures surpassed $1 billion in open interest by August 2025, just five months after their launch, while XRP futures achieved the same within three months. Recent data shows that XRP futures on the CME reached a notional volume of $26.9 billion in October and over 567,000 contracts traded within six months of trading. 

Institutional Interest In XRP And Solana

The record in open interest follows CME’s introduction of options on XRP and Solana futures to expand its cryptocurrency derivatives portfolio beyond Bitcoin and Ethereum. This expansion allows traders to access options on SOL, Micro-SOL, XRP, and Micro-XRP futures, each offering daily, monthly, and quarterly expirations to meet different trading strategies.

The expansion also points to the growing sophistication of institutional participation in Solana and XRP derivatives. The first XRP options trade was executed on October 12 between Wintermute and Superstate. The first trade for options on SOL futures was executed on Monday, October 13, between Cumberland DRW and Galaxy.

Bitcoin has struggled to reclaim the short-term holder Realized Price, a key on-chain level. Here’s where the next major support line lies for the asset.

Bitcoin Has Again Dipped Below STH Realized Price

In its latest weekly report, on-chain analytics firm Glassnode has discussed about some key Realized Price levels for Bitcoin. The “Realized Price” here refers to an indicator that measures the cost basis of the average investor or address on the BTC network.

When the metric is trading above the asset’s price, it means the holders as a whole are sitting on a net unrealized profit. On the other hand, it being below the spot BTC value implies the dominance of loss on the blockchain.

The Realized Price of the entire network is generally not useful, as often, the cryptocurrency’s price trades significantly over it. The reason behind this lies in the fact that a notable part of the asset’s supply has been dormant for years, possessing a cost basis far below today’s price.

In fact, a chunk of this dormant supply will never return to circulation, as the wallets holding such tokens have had their keys become permanently inaccessible. To account for this, Glassnode came up with the “Active Realized Price,” a metric that only tracks the cost basis of the supply that can be considered economically active.

Below is the chart shared by the analytics firm that shows how the Realized Price and Active Realized Price of Bitcoin have changed since the last bull market.

As is visible in the graph, Bitcoin last interacted with the Realized Price in 2023. Since finding a rebound at it back then, the coin has only moved away from the line.

The cryptocurrency has been trading much closer to the Active Realized Price since breaking above it in late 2023, but even in its case, the gap is still notable. A version of the indicator that BTC regularly interacts with, however, is the third type listed on the chart: the short-term holder cost basis.

Short-term holders (STHs) refer to the Bitcoin investors who purchased their coins within the past 155 days. This cohort represents the recent buyers, who can be reactive to changes in the market.

The Realized Price of the group, which is often considered a divider between bullish and bearish trends, is currently located at $113,100. Bitcoin first fell below this mark during its crash earlier in the month, but the recovery surge took it back above the line. Though the latest retracement has once again brought the asset under it.

“Over the past two weeks, Bitcoin has struggled to close a weekly candle above this key level, raising the risk of further weakness ahead,” noted Glassnode. The next on-chain support level is the Active Realized Price, currently valued at $88,000.

It now remains to be seen whether BTC can recover above the STH Realized Price, or if a deeper correction is coming.

BTC Price

Bitcoin has fallen by nearly 3% during the past day, with its price coming down to the $109,900 level.

Shiba Inu’s effort to grow beyond being a meme coin is struggling. Its blockchain network, Shibarium, was created to bring real use and value to the project, but it has not gained much attention or activity. Developer interest and user engagement are very low, and the network’s overall growth has slowed down sharply.

Recent network issues, including technical troubles and security problems, have made things worse. Many users have left, and new projects are not joining. As a result, Shibarium now shows very little activity, leading many in the crypto community to call it a “ghost chain.” 

Shiba Inu’s Struggle To Evolve Beyond A Meme Coin

Shiba Inu tried to change its image from a simple meme coin into a real blockchain project capable of competing with other networks. The team launched Shibarium, a layer-2 blockchain, in 2023 to help make this move. However, this plan has not worked as expected, with Shibarium failing to attract developers, projects, or users and gaining no market share.

According to data from DeFi Llama, Shibarium has only 18 developers since it began. It is a much lower number than on other blockchains, which have hundreds or even thousands of active developers. The total value locked (TVL) on the network, which shows how much money people have invested in it, has fallen to just $878,000. 

Shibarium has also failed to attract any stablecoins, which are among the most widely used tokens in decentralized finance. Not a single stablecoin project has deployed on the network, reflecting Shibarium’s lack of presence in one of the most critical areas of the crypto world. Other newer and more active layer-2 networks like Base, Arbitrum, Plasma, and Linea have already moved far ahead, leaving Shibarium behind.

Hacks And The Decline Of Shibarium Network Activity

Things got worse for the network when ShibaSwap, the most popular decentralized app (dApp) on the Shibarium network, was recently compromised. The attack eroded user confidence and forced developers to pause a key bridge connecting Shibarium to other networks. Even with the bridge now active, most of the network’s activity stopped. Many users could not move their tokens or use apps, making the network almost entirely silent.

Because of this drop in network activity, Shibarium is no longer helping burn SHIB tokens. Typically, a portion of network transaction fees goes toward buying and burning Shiba Inu tokens, helping reduce supply and support the token’s price. But now, with very few transactions, the burn process has slowed down significantly.

The decline in users, developers, and activity are indicators that Shibarium’s dream of becoming a strong, useful blockchain has not come to fruition. Instead of growing into a central crypto platform, it has become what some would call the real ghost chain. 

A fresh wave of bullish optimism has swept across the meme coin community as technical analysts point to a potential explosive rally that could propel the PEPE price by more than 1,500%. This massive surge could see the meme coin breakout toward a new all-time high of $0.00012 by early 2026. 

PEPE Price Targets $0.00012 With Final Accumulation Zone

An analyst from Wins, a cryptocurrency trading school, has projected on X social media a 1,500% move in the PEPE price, forecasting a potential rally toward $0.00012. According to the chart, this bullish target aligns with a projected increase in market capitalization from $2.89 billion to $48 billion. The analysis highlights a Fibonacci Extension setup with a 2.618 target positioned near the $0.00012 level. 

The chart analysis also reveals that PEPE is consolidating within a descending wedge pattern, suggesting a strong bullish reversal once a breakout occurs. Currently, the meme coin is trading around $0.0000068, corresponding with a forecasted surge in market cap to $3 billion. 

The analyst has identified the current price range, visualized by the green accumulation box, as the final buying opportunity before the next leg upward. The pattern mirrors PEPE’s previous accumulation and breakout phase from late 2023 to early 2024, where a similar descending wedge formed before a significant price surge. 

Fibonacci retracements and extensions on the chart suggest that once PEPE clears resistance near $0.000015 and sees its market cap increase to $6 billion, momentum could accelerate toward $0.000035 and eventually reach the final target at $0.00012. The analyst has set the timeline for PEPE to achieve this target around January 12, 2026.   

PEPE Historical Setup Signals Major Price Rally

Sharing similar bullish sentiments for PEPE’s price outlook, crypto analyst Chandler wrote on X that “no one is ready for what’s coming for PEPE.” He shared a technical analysis projecting a massive rally for PEPE based on historical trends to support his bold statement. 

The comparative chart analysis overlays two distinct timeframes from September 2023 to February 2024 and September 2023 to October 2025. The chart shows repeating cyclical structures, marked by colored circles representing accumulation, breakout, correction, and consolidation phases. 

In 2023 – 2024, these patterns preceded a major upward move that took the PEPE price to a new all-time high, from $0.0000009 to $0.0000035, representing a staggering 288% increase. Chandler’s current projection suggests the meme coin is completing a similar sequence, with the blue-circled region around $0.00000728 marking a potential bottom before a powerful surge. The analyst’s forecast maps out a sharp rise to $0.000015 first, followed by a slight drop before an explosive rally above $0.00035, marking a staggering 4,708% gain from the bottom level.

Bitcoin (BTC) has seen heightened volatility following the US Federal Reserve’s decision to cut interest rates by 25 basis points and announce the official end of quantitative tightening (QT) by December 1st. The move marks a pivotal shift in US monetary policy as the central bank signals the beginning of a more supportive liquidity cycle after months of restrictive financial conditions. Traders reacted sharply across risk assets, with Bitcoin initially spiking before retracing as markets reassessed the implications of renewed liquidity and shifting economic expectations.

Meanwhile, fresh data from CryptoQuant highlights a powerful underlying trend in the Bitcoin market. October has witnessed a meaningful surge in spot trading activity, particularly on Binance, where participation has climbed sharply. Across major centralized exchanges, Bitcoin spot volume surpassed $300 billion this month, with Binance alone accounting for $174 billion. This makes October the second-highest spot volume month of the year, underscoring renewed trader confidence and a shift toward direct Bitcoin exposure rather than leveraged speculation.

This strengthening in spot market flows signals improving market structure and growing conviction among participants. With liquidity expected to increase heading into year-end, investors are positioning for what could be the next major phase in Bitcoin’s macro-driven cycle.

Bitcoin Spot Market Strength Signals Healthier Market Structure

According to top analyst Darkfost, the recent surge in Bitcoin spot volume underscores a growing wave of participation from both retail traders and institutional players, who have become increasingly active outside leveraged markets. This shift is most visible on Binance, which continues to dominate spot trading across centralized exchanges. Its deep liquidity, global retail base, and institutional pipelines remain unmatched, reinforcing its position as the primary venue for real Bitcoin demand.

One key catalyst behind this pivot toward spot exposure was the historic liquidation event on October 10th—the largest in crypto history. The magnitude of that wipeout forced many traders to reassess risk. It became a clear reminder that excessive leverage can amplify losses far more quickly than it generates gains, especially in a market as volatile and structurally reflexive as Bitcoin. In response, market participants appear to have shifted toward a more conservative posture. Choosing to accumulate BTC directly rather than chase high-leverage positions.

This trend is meaningful for Bitcoin’s long-term trajectory. A market driven primarily by spot flows instead of derivatives tends to be more stable, more sustainable, and less prone to sudden liquidation cascades. Elevated spot participation also signals genuine organic demand, rather than speculative interest reliant on borrowed capital. Historically, periods where spot volume leads have aligned with structural accumulation phases and strengthened market bottoms. This could be laying the foundation for durable bull cycles.

If this rotation continues, Bitcoin may be entering a phase defined by healthier price discovery and stronger investor conviction. Supported by growing liquidity and improved market resilience. An encouraging backdrop as the macro environment shifts in favor of risk assets.

Bitcoin Price Pulls Back Toward Key Support Zone

Bitcoin (BTC) is trading near $110,800 after facing firm rejection at the $117,500 resistance level earlier this week. The 4-hour chart shows BTC rolling over from this supply zone and dropping below the 50-period moving average. Signaling weakening short-term momentum. Price is now testing a critical support range between $110,000 and $111,000, which previously acted as a key demand zone in mid-October.

Below current levels, the 100-period (green) and 200-period (red) moving averages sit around $109,500–$108,500, forming a critical confluence of support. If Bitcoin can hold this region, it may reset and attempt another push higher once market volatility settles post-Fed. A decisive break below $108,000 would likely expose BTC to deeper downside. Opening the door to a move toward $105,000 or even $102,500.

On the upside, bulls must reclaim the $113,500–$114,500 area to regain traction. A sustained move above this zone would put $117,500 back into focus. With a breakout, there is potential to fuel continuation toward the $120,000–$123,000 range.

Featured image from ChatGPT, chart from TradingView.com

A key technical indicator on the XRP price chart is sending an important signal about the strength of its ongoing price action. The Relative Strength Index (RSI), which measures momentum, is climbing higher in tandem with price, a development that popular XRP analyst EGRAG CRYPTO says validates the current bullish phase. 

In one of his recent posts on X, he explained that this alignment between price and RSI shows a healthy uptrend where buying pressure will continue to dominate.

RSI Alignment Shows Healthy Market Momentum

EGRAG CRYPTO highlighted that when both price and RSI make higher highs, it is one of the strongest confirmations that the trend is healthy. He noted that this scenario indicates buyers are firmly in control and that the market is not overextended. According to him, when both price and RSI rise together, the uptrend is real and supported by strength. This is in contrast to bearish divergence, which occurs when price climbs but RSI falls, and is often a precursor to fading momentum and correction.

The RSI data on his chart shows an ascending slope with an angle of about 9.32°, matching XRP’s gradual increase in price over the past year. This synchronized movement implies that the trend is sustainable and supported by genuine market participation instead of temporary hype.

The chart from EGRAG CRYPTO shows that XRP has already broken above the midpoint of its long-term ascending parallel channel. The red trendlines framing the channel stretch back to 2014, and XRP’s breakout above the resistance line shows that bullish momentum is comparable to that of the 2017/2018 rally.

The yellow moving average line, which represents the multi-month trend, is also sloping upward beneath the candles, acting as strong dynamic support. This alignment shows XRP’s improved market structure compared to earlier bear market phases between 2022 and mid-2024.

XRP Price Chart. Source: @egragcrypto On X

What It Means For XRP’s Next Move

EGRAG CRYPTO’s projection identifies $2.07 as the major support level and $3.65 as the near-term target, which aligns with its July 2025 all-time high.

EGRAG CRYPTO’s analysis shows that XRP’s momentum is being confirmed by both price structure and RSI alignment, and this reduces the likelihood of a strong price reversal. The lack of bearish divergence means that the ongoing rally could be setting up for a continuation rather than exhaustion. If XRP sustains its position above the midpoint breakout zone, then a return to $3.65 may follow very soon.

As long as XRP holds above $2.07 and $2.50 for now, the uptrend will stay healthy, and the RSI momentum will support the broader bullish outlook. At the time of writing, XRP is trading at $2.58, having retraced a bit from its intraday high of $2.66. Recent trading sessions have seen the cryptocurrency trying to reclaim $2.60.

USDC leapfrogged USDT in onchain activity as regulatory clarity pushes investors toward transparent and compliant stablecoins.

Crypto analyst Steph has highlighted a high liquidity level that could spark a significant surge for the XRP price. This comes as the altcoin struggles to reclaim the psychological $3 level, which could lead to a further rally to new highs. 

Liquidity Level That Could Spark An XRP Price Surge

In an X post, Steph revealed that the liquidity around $3.2 is expanding for the XRP price and that the market is charging toward the highest cluster. He explained that there are many buy and sell orders around this level, with market makers often looking to capture liquidity at price levels with significant liquidity clusters like this one.

As such, the XRP price could rally to $3.2 at some point, reclaiming the $3 level in the process. However, the crypto market is currently on a downtrend, which makes this rally less unlikely for now. XRP has struggled to break out of its current range since the $19 billion liquidation event on October 10. 

Crypto analyst CasiTrades had recently predicted that the XRP price could still drop to as low as $1.4 before it records a bullish reversal. She claimed that this will set the stage for the next Wave 3 impulse that could send XRP toward $6.50 or $10. Meanwhile, for the projected XRP crash to be invalidated, the analyst stated that the altcoin needs to break and hold above $2.82. 

However, Steph revealed that the XRP price has formed a double bottom, which he predicts would lead to a reversal above $3. The analyst is also confident that XRP will reach a new all-time high (ATH), predicting a rally to $4.50 as he highlighted a compression on the chart. 

Why Current Price Action Is Still Bullish 

Crypto analyst Egrag Crypto revealed that the XRP price is making higher highs and that the RSI is also making higher highs, which he noted means strong bullish momentum and that buyers are still in control while the trend is healthy. He added that there is no bearish divergence, so momentum is confirming the price move. 

Egrag Crypto further remarked that when the XRP price and RSI rise together, the uptrend is real and supported by strength. He suggested that XRP holders should only be worried when the price makes higher highs but the RSI makes lower highs. He explained that this is when a bearish divergence could occur, indicating weakening momentum. Meanwhile, the analyst also mentioned that a close above between $2.65 and $2.70 with confirmation is key. 

At the time of writing, the XRP price is trading at around $2.5, down over 3% in the last 24 hours, according to data from CoinMarketCap.

The negative market sentiment has spread rapidly, and the Dogecoin price continues to range around $0.2 as a result. This puts the meme coin in a perilous position that could see its decline deepen from here. One thing that could make a difference would mean a rise in momentum, but volume is already down by a significant amount, so this route has remained a problem. Another major problem is the resistance mounting at $0.21 that could stop any recovery rally in its tracks.

What Happens If The Dogecoin Price Breaks $0.218

Crypto analyst Diana Sanchez has highlighted the bullish potential of Dogecoin, suggesting that the price has been showing strength. This comes with the recent market fluctuations ahead of the decision from the Federal Reserve following the FOMC meeting. At this point, though, there is an important level where there is still a lot of resistance.

The first thing the analyst points out is that despite the current struggle, the Dogecoin price has already increased by over 43%. This makes it one of the best performers among the top cryptocurrencies by market cap, and the momentum could turn bullish once again.

However, the major problem now lies at the $0.218 level, where the bears are now mounting their defense. As for now, it continues to maintain the support at $0.2, and this has become the major source of interest for the bulls who are looking to continue the rally.

The main point right now, the crypto analyst explains, is to break the resistance at $0.218. If this resistance is broken, then the Dogecoin price is expected to continue to rally. With this, the analyst says the Dogecoin price rising to the $0.5 target is no longer a dream.

Low Volume Could Be A Hindrance To Recovery

Despite the bullishness that is showing on the Dogecoin price chart, the fact that the meme coin’s daily trading remains low continues to put a damper on things. At the start of October, the daily trading volume had spiked above $20 billion before seeing a retracement.

Since then, though, the daily trading volume has continued to decline, reaching an average of $5 billion at the time of writing, as shown on the Coinglass website. So, unless there is a notable increase in the trading volume, any breakout could lack momentum, meaning the price could quickly correct and retrace its gains.

Despite recent interest rate cuts by the Federal Reserve on Wednesday, Bitcoin’s price reacted unexpectedly, declining when many anticipated a rise. However, market analyst Crypto Birb has identified ten indicators suggesting a potential surge may be on the horizon.

Bitcoin Price Holds Above Key Moving Averages

At the time of the expert’s post, BTC traded at $112,000. He pointed that with exchange-traded funds (ETFs) gaining traction and market fear subsiding, the Bitcoin price appears to be consolidating before a significant upward movement, indicating that a breakout is imminent.

Currently, the Bitcoin price trades comfortably above the 50-week simple moving average (SMA) of $102,934 and the 200-week SMA of $54,756. The correlation with the S&P 500 stands at -0.02, suggesting that Bitcoin’s movements are largely independent of broader equity market trends. 

On the daily chart, Bitcoin is supported by the 200-day SMA at $109,267 and a key trend line at $113,100. The relative strength index (RSI) is neutral at 50, while the average true range (ATR) has decreased to 3,495, indicating a calmer market environment. 

In terms of short-term bias, the market shows balance but is not bullish yet. The CTF Trailer indicates a bearish mode with a stop at $115,623, while the higher time frame trailer reflects a bullish mode with a stop at $114,601. 

Currently, Bitcoin’s trading range is between $110,000 and $117,800, and this compression indicates that an equilibrium is forming. The next significant movement is expected to occur once this range is broken.

Calm Before The Storm?

Sentiment within the market appears balanced, with the Fear & Greed Index sitting at 51, which reflects a neutral stance. Crypto Birb asserts that emotions have reset following last week’s spike in fear, creating a stable environment for sustainable price movements.

Volatility is also cooling off, with a 50-day volatility of 3,080 and an ATR of 3,495. This contraction in trading range suggests that traders are reloading positions rather than capitulating, and history shows that periods of calm consolidation often precede volatility shocks.

On the mining front, the economic landscape is looking favorable, with mining costs at $106,400 and a ratio of 0.94, indicating that miners remain moderately profitable after last week’s compression. Stable costs suggest no immediate pressure for forced selling, and network fundamentals remain solid.

Looking at the October outlook, the month-to-date performance shows a minor decline of 0.53%, which is still an improvement over the typical historic October average of 19.78%. This suggests a healthy reset within an otherwise strong seasonal backdrop.

A Potential 51% Surge Ahead? 

The expert further highlighted that historically, the fourth quarter has been bullish for the Bitcoin price, with an average gain of 51.04% over the past 15 years, resulting in nine winning years. If the current structure holds, Q4 is poised to remain a high-probability accumulation zone.

Lastly, data related to Ethereum ETFs indicates a quiet strength beneath the surface, with spot ETF volumes at $147 million and net inflows of $133.9 million. The total assets under management have reached $24.88 billion, and rising liquidity in altcoins complements the ongoing flows into Bitcoin, supporting a narrative of market rotation.

At the time of writing, however, the Bitcoin price has retraced back towards $110,439. Yet, still inside its current consolidation range that could result in a new uptrend for the leading crypto. 

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

Solana failed to stay above $198 and corrected gains. SOL price is now trading below $195 and might find bids near the $188 zone.

• SOL price started a downside correction below $198 against the US Dollar.
• The price is now trading below $195 and the 100-hourly simple moving average.
• There is a declining channel forming with resistance at $200 on the hourly chart of the SOL/USD pair (data source from Kraken).
• The pair could extend losses if it dips below the $188 zone.

Solana Price Approaches Support

Solana price failed to surpass $205 and started a downside correction, beating Bitcoin and Ethereum. SOL dipped below $200 and $198 to enter a short-term bearish zone.

There was a move below the 23.6% Fib retracement level of the upward wave from the $177 swing low to the $205 high. However, the bulls are active near the $192 support. Besides, there is a declining channel forming with resistance at $200 on the hourly chart of the SOL/USD pair.

Solana is now trading below $195 and the 100-hourly simple moving average. On the upside, the price is facing resistance near the $198 level. The next major resistance is near the $200 level. The main resistance could be $205. A successful close above the $205 resistance zone could set the pace for another steady increase. The next key resistance is $220. Any more gains might send the price toward the $225 level.

Downside Break In SOL?

If SOL fails to rise above the $198 resistance, it could start another decline. Initial support on the downside is near the $192 zone and the 50% Fib retracement level of the upward wave from the $177 swing low to the $205 high. The first major support is near the $188 level.

A break below the $188 level might send the price toward the $184 support zone. If there is a close below the $184 support, the price could decline toward the $177 support in the near term.

Technical Indicators

Hourly MACD – The MACD for SOL/USD is gaining pace in the bearish zone.

Hourly Hours RSI (Relative Strength Index) – The RSI for SOL/USD is below the 50 level.

Major Support Levels – $192 and $188.

Major Resistance Levels – $198 and $200.

XRP price started a fresh increase above $2.550. The price is now facing hurdles above $2.650 and at risk of another decline in the near term.

• XRP price failed to continue higher above $2.70 and corrected some gains.
• The price is now trading below $2.60 and the 100-hourly Simple Moving Average.
• There is a bearish trend line forming with resistance at $2.65 on the hourly chart of the XRP/USD pair (data source from Kraken).
• The pair could start a fresh increase if it stays above $2.5120.

XRP Price Holds Support

XRP price formed a short-term top near $2.69 and started a downside correction, like Bitcoin and Ethereum. The price dipped below the $2.65 and $2.62 levels.

There was a move below the 23.6% Fib retracement level of the upward wave from the $2.327 swing low to the $2.697 high. The price even spiked below $2.55 but remained stable above $2.50. Besides, there is a bearish trend line forming with resistance at $2.65 on the hourly chart of the XRP/USD pair.

The price is now trading below $2.60 and the 100-hourly Simple Moving Average. If there is a fresh upward move, the price might face resistance near the $2.620 level. The first major resistance is near the $2.650 level and the trend line, above which the price could rise and test $2.680.

A clear move above the $2.680 resistance might send the price toward the $2.720 resistance. Any more gains might send the price toward the $2.750 resistance. The next major hurdle for the bulls might be near $2.80.

More Losses?

If XRP fails to clear the $2.650 resistance zone, it could start a fresh decline. Initial support on the downside is near the $2.550 level. The next major support is near the $2.5120 level and the 50% Fib retracement level of the upward wave from the $2.327 swing low to the $2.697 high.

If there is a downside break and a close below the $2.5120 level, the price might continue to decline toward $2.468. The next major support sits near the $2.420 zone, below which the price could continue lower toward $2.40.

Technical Indicators

Hourly MACD – The MACD for XRP/USD is now losing pace in the bearish zone.

Hourly RSI (Relative Strength Index) – The RSI for XRP/USD is now below the 50 level.

Major Support Levels – $2.550 and $2.5120.

Major Resistance Levels – $2.620 and $2.650.

As the market awaits the Federal Open Market Committee (FOMC) meeting, Ethereum (ETH) is attempting to hold the $4,000 area as support. Despite the volatility, some analysts have predicted that the King of Altcoins may soon start its long-awaited price discovery rally, while whales pour millions into the cryptocurrency.

Ethereum Price Set For $8,000

On Wednesday, Ethereum fell below the $4,000 level once again, falling to a two-day low of $3,926. After a massive Q3 rally, the King of Altcoin has struggled to hold the crucial psychological barrier as support and has been unable to reclaim the $4,200 resistance for most of October.

Earlier this week, the cryptocurrency retested the key resistance level after surging 7% over the weekend, but retraced on Tuesday alongside the rest of the market. Amid this performance, some analysts suggested that ETH will likely experience more volatility, fueled by the Federal Reserve (Fed)’s interest rate cut announcement.

Daan Crypto Trades noted that ETH’s big test is around its previous cycle highs near the $4,100 level. To the trader, “this is the level to break and hold if the bulls want to get back to the highs in due time.” On the contrary, a new rejection from this area could send the price to retest $3,800 and turn the level into a major resistance in the larger timeframes.

Nonetheless, Crypto Yhodda stated that Ethereum is “getting ready for the last euphoric run,” as its performance resembles its 2021 price action, when the altcoin recorded a massive price discovery rally after breaking out of its four-year consolidation.

Similarly, analyst Crypto Jelle asserted that shakeouts at key support levels are expected, adding that the cryptocurrency’s rally “still looks very promising.” Jelle highlighted an 18-month bullish megaphone formation on Ethereum’s chart, which it broke out of during the Q3 rally.

The analyst emphasized that ETH is still holding the previous highs and the breakout level as support, suggesting that a “hated rally” to the $8,000 target could happen soon.

Whales Bet Big On ETH

Online reports highlighted that large-scale investors have been on a buying spree despite the altcoin’s pullback. As reported by NewsBTC, Santiment data showed that whales added 218,470 ETH in the past week, signaling that major investors are gradually re-entering the market.

Meanwhile, on-chain analytics platform Lookonchain revealed that whales continued to buy ETH over the past 24 hours. Notably, two newly created addresses received a total of 33,948 ETH, worth $135 million, from digital asset prime brokerage FalconX on Wednesday morning.

According to Lookonchain, the two addresses likely belong to BitMine, the largest Ethereum-based treasury company, which recently unveiled another 27,316 ETH purchase, worth $113 million.

In a Monday X post, BitMine provided its latest holdings update, which now surpasses the $14.2 billion mark. As of October 27, the company holds 3,313,069 ETH, 192 BTC, an $88 million stake in Eightco Holdings for its “Moonshot” initiative, and unencumbered cash of $305 million.

A month ago, BitMine revealed it had reached the 2% milestone of its goal to own 5% of Ethereum’s total supply. With the recent purchases, the company has achieved 55% of its goal, currently holding 2.75% of ETH’s supply.

As of this writing, ETH is trading at $3,990, a 3.5% drop in the daily timeframe.

Ethereum price started a downside correction below $4,120. ETH is moving lower below $4,000 and might decline further if it trades below $3,880.

• Ethereum started a downside correction below $4,050 and $4,000.
• The price is trading below $4,000 and the 100-hourly Simple Moving Average.
• There is a bearish trend line forming with resistance at $4,000 on the hourly chart of ETH/USD (data feed via Kraken).
• The pair could continue to move down if it trades below $3,880.

Ethereum Price Dips Further

Ethereum price failed to stay in a positive zone and started a fresh decline, like Bitcoin. ETH price declined below $4,120 and $4,050 to enter a bearish zone.

There was a clear move below the 61.8% Fib retracement level of the upward move from the $3,708 swing low to the $4,252 high. Besides, there is a bearish trend line forming with resistance at $4,000 on the hourly chart of ETH/USD.

Ethereum price is now trading below $4,000 and the 100-hourly Simple Moving Average. If there is another increase, the price could face resistance near the $4,000 level and the trend line. The next key resistance is near the $4,030 level and the 100-hourly Simple Moving Average.

The first major resistance is near the $4,080 level. A clear move above the $4,080 resistance might send the price toward the $4,120 resistance. An upside break above the $4,120 region might call for more gains in the coming sessions. In the stated case, Ether could rise toward the $4,200 resistance zone or even $4,220 in the near term.

More Losses In ETH?

If Ethereum fails to clear the $4,000 resistance, it could start a fresh decline. Initial support on the downside is near the $3,880 level. The first major support sits near the $3,840 zone and the 76.4% Fib retracement level of the upward move from the $3,708 swing low to the $4,252 high.

A clear move below the $3,840 support might push the price toward the $3,750 support. Any more losses might send the price toward the $3,700 region in the near term. The next key support sits at $3,650 and $3,620.

Technical Indicators

Hourly MACD – The MACD for ETH/USD is gaining momentum in the bearish zone.

Hourly RSI – The RSI for ETH/USD is now below the 50 zone.

Major Support Level – $3,880

Major Resistance Level – $4,000

A cryptocurrency analyst has explained how the TD Sequential has accurately spotted XRP trend reversals over the last three months, and It has just flashed again.

TD Sequential Has Given Another Signal For XRP

In a new post on X, analyst Ali Martinez has discussed about the Tom Demark (TD) Sequential signal that has just formed for XRP. The TD Sequential is a technical analysis (TA) indicator that’s used for spotting points of trend reversal in a given asset’s price.

The indicator involves two phases. In the first of these, called the setup, it counts up nine candles of the same color on the asset’s chart. Once the nine candles are in, it signals that the price trend has reached a state of exhaustion. In other words, the asset has reached a point of turnaround.

Naturally, this signal is a bullish one if nine red candles led to the setup’s completion. Similarly, the signal is bearish if green candles were involved instead. When the setup is done, the second phase begins. This phase, known as the countdown, works much like the setup, with the only difference being that it lasts for thirteen candles. The countdown’s finish coincides with another top or bottom for the asset.

XRP has recently completed the former of the two TD Sequential setups on its daily price. Below is the chart shared by Martinez that shows this signal forming for the cryptocurrency.

As displayed in the graph, the 1-day price of XRP has formed a TD Sequential setup with nine green candles. This means that the coin could be due a reversal to the downside, at least from the perspective of the indicator.

During the last few months, the TD Sequential has given several signals for the asset, and interestingly, they have coincided quite well with local tops and bottoms. Considering this trend, it’s possible that the latest sell signal may also lead to a drawdown for the coin.

XRP isn’t the only asset that the TD Sequential has lately been reliable for. As the analyst has explained in another X post, the indicator has also called the recent swings in the Bitcoin price.

From the above chart, it’s apparent that the TD Sequential gave a sell signal for Bitcoin earlier in the day. Since then, the asset has witnessed a retrace, implying that the metric may have once again caught a trend reversal.

XRP Price

XRP has been trading sideways recently as its price is still floating around $2.62.

Bitcoin price is correcting gains below $112,500. BTC could continue to move down if it stays below the $112,000 resistance.

• Bitcoin started a downside correction below the $112,000 support.
• The price is trading below $112,000 and the 100 hourly Simple moving average.
• There is a bearish trend line forming with resistance at $111,500 on the hourly chart of the BTC/USD pair (data feed from Kraken).
• The pair might continue to move down if it trades below the $108,800 zone.

Bitcoin Price Dips Further

Bitcoin price failed to stay above the $113,500 pivot level and extended losses. BTC dipped below $112,500 and $112,000 to enter a bearish zone.

The decline was such that the price traded below the 61.8% Fib retracement level of the upward move from the $106,718 swing low to the $116,310 high. Besides, there is a bearish trend line forming with resistance at $111,500 on the hourly chart of the BTC/USD pair.

Bitcoin is now trading below $112,000 and the 100 hourly Simple moving average. If the bulls attempt a fresh increase, the price could face resistance near the $111,500 level and the trend line. The first key resistance is near the $112,000 level.

The next resistance could be $112,500. A close above the $112,500 resistance might send the price further higher. In the stated case, the price could rise and test the $113,200 resistance. Any more gains might send the price toward the $113,500 level. The next barrier for the bulls could be $115,000 and $115,500.

More Losses In BTC?

If Bitcoin fails to rise above the $112,500 resistance zone, it could continue to move down. Immediate support is near the $110,000 level. The first major support is near the $108,800 level or the 76.4% Fib retracement level of the upward move from the $106,718 swing low to the $116,310 high.

The next support is now near the $108,000 zone. Any more losses might send the price toward the $106,500 support in the near term. The main support sits at $103,500, below which BTC might struggle to recover in the short term.

Technical indicators:

Hourly MACD – The MACD is now gaining pace in the bearish zone.

Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now below the 50 level.

Major Support Levels – $108,800, followed by $108,000.

Major Resistance Levels – $111,500 and $112,000.

Ethereum (ETH) is struggling to reclaim higher levels as the broader crypto market consolidates following the recent crash. Despite short-term weakness, several analysts suggest that ETH may be entering a bullish accumulation phase, with price action stabilizing around the key $4,000 level—a zone that has historically served as both strong resistance and support. The asset’s resilience amid market uncertainty reflects growing confidence in Ethereum’s long-term fundamentals and network activity.

Adding to the intrigue, on-chain data from Lookonchain revealed that an Ethereum ICO participant has re-emerged after nearly eight years of dormancy, transferring 1,500 ETH—worth approximately $6 million—to Kraken for the first time. This wallet originally received 20,000 ETH during Ethereum’s 2015 genesis sale, purchased for roughly $6,200, which would now be valued at more than $80 million.

Such rare movements from early holders often capture the market’s attention, as they can signal renewed engagement or strategic repositioning. While Ethereum’s price remains in a consolidation phase, the network’s long-term value narrative—driven by layer-2 scaling, staking growth, and DeFi activity—continues to strengthen. If the current range holds, ETH could be positioning for a recovery as market confidence rebuilds.

Dormant Ethereum Whale Awakens After 8 Years

According to a recent report by Lookonchain, an early Ethereum participant—identified as wallet 0x3690—has resurfaced after nearly eight years of inactivity, sparking renewed discussions across the crypto community. This address was one of the original Ethereum ICO wallets, receiving 20,000 ETH at genesis in 2015 for a total investment of just $6,200. At current prices, that stash would be worth roughly $80.42 million, representing an extraordinary 12,971x return.

On October 27, 2025, the wallet sent 1,500 ETH (around $6 million) to Kraken, marking its first-ever on-chain movement since Ethereum’s launch. Such activity from early holders often raises questions about investor sentiment and potential market shifts—especially as the broader crypto market remains in a fragile consolidation phase.

While the transfer does not necessarily signal an immediate sell-off, it underscores how long-term participants are beginning to reposition as Ethereum hovers near the $4,000 level. Analysts suggest that the coming weeks will be decisive for the market, as both Bitcoin and Ethereum approach critical technical and psychological thresholds ahead of the US Federal Reserve’s next policy decisions.

If Ethereum manages to hold its current range and sustain network engagement, it could confirm the start of a new bullish accumulation phase. Conversely, a breakdown below support might extend the correction before a stronger rebound forms later in the quarter. In either case, this event serves as a reminder of Ethereum’s resilience—and how early conviction in the network’s vision has yielded historic returns for those who held through multiple cycles. The market now watches closely to see whether this renewed on-chain activity signals a turning point or a moment of reflection before the next major move.

Ethereum Struggles To Break $4,200 As Consolidation Tightens Around Key Support

Ethereum (ETH) is trading near $3,993, attempting to regain strength after weeks of sideways action. The chart shows ETH struggling to break above the $4,200 resistance, a level that has repeatedly rejected price advances since early October. The 50-day moving average (blue) currently aligns with this resistance, reinforcing it as a critical barrier that bulls must clear to confirm a short-term reversal.

Below, the 100-day (green) and 200-day (red) moving averages provide solid structural support near $3,800 and $3,300, respectively. The convergence of these levels suggests that Ethereum remains in a broad consolidation range, with limited momentum on either side as the market digests recent volatility.

A decisive close above $4,200 could open the path toward $4,500–$4,700, where liquidity from previous highs remains. Conversely, a breakdown below $3,800 would expose ETH to deeper retracements toward the $3,500 zone, where buyers previously stepped in during September’s correction.

Market sentiment appears cautious but not bearish. Ethereum’s ability to hold near the $4,000 psychological level despite the broader market slowdown indicates resilience. As macro uncertainty persists, ETH’s next move will likely depend on whether buying pressure strengthens ahead of the Federal Reserve’s policy update this week.

Featured image from ChatGPT, chart from TradingView.com

On Wednesday, the Federal Reserve (Fed) announced a 25-basis-point rate cut from the previous rate of 4.25%, aligning with market expectations. Despite this bullish development being highly anticipated by top experts as the best catalyst for the remainder of the year, Bitcoin (BTC), XRP, and Ethereum (ETH) led the market downturn following the announcement. 

Fed Chair Signals Uncertainty Over Further Rate Cuts

The selloff intensified after Fed Chairman Jerome Powell indicated during his press conference that another interest-rate cut in December “is not a foregone conclusion.” This uncertainty has contributed to market volatility, as both cryptocurrencies and stocks have rallied this year in anticipation of lower interest rates.

If the Fed does not implement further rate cuts in December, it could lead to a rebound in the dollar, which would be detrimental for Bitcoin bulls.

Analyst Manuel Villegas from Julius Baer noted that options-derived implied movements for US equity indices suggest significant shifts around upcoming macroeconomic reports. He advised crypto investors to prepare for potential volatility.

However, market expert Timothy Peterson provided further insights on social media site X (formerly Twitter), predicting that the Bitcoin price could rise up to 12% over the next week, meaning that the leading crypto could surge toward $123,000. 

Analyst Foresees Positive Momentum For Bitcoin

In his analysis, Peterson highlighted Bitcoin’s performance surrounding Federal Reserve Federal Open Market Committee (FOMC) meetings and noted that since 2023, Bitcoin’s average movement after such meetings has been about 1.5 times its prior week’s performance. 

With Bitcoin having gained 4% in the week leading up to the Fed’s decision, Peterson anticipates a subsequent increase of around 7%, with a potential range of 0-15%. 

The FOMC, which sets US interest rates and guides monetary policy, often sees markets trade cautiously before meetings, followed by reactions once the uncertainty is resolved, with the expert concluding that despite the growing uncertainty, Bitcoin and the broader market could see a new leg up near record highs.

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

Tron (TRX) is consolidating this week as the broader crypto market braces for the upcoming US Federal Reserve decision on interest rates and quantitative tightening (QT). Investors are treading carefully, with uncertainty surrounding whether the Fed will maintain its restrictive stance or pivot toward easing—an outcome that could shift liquidity flows across digital assets. Despite the cautious market mood, on-chain data from CryptoQuant highlights a powerful surge in Tron’s network activity that stands out from the rest of the market.

On October 27, 2025, Tron flagged one of its most significant on-chain events to date. The number of daily active addresses skyrocketed from a steady baseline of roughly 3.5 million to an astonishing 6.23 million, marking the second-highest activity ever recorded in the network’s history. This massive uptick underscores a sharp increase in network demand and utility, suggesting that users are actively engaging with decentralized applications and stablecoin transfers within the Tron ecosystem.

While price action remains in a consolidation phase, this sudden burst in on-chain participation paints a different picture—a growing fundamental strength that could position Tron as one of the few networks expanding its real-world activity amid macroeconomic uncertainty.

Fundamentals Show Strength As Tron Price Corrects

According to a recent CryptoOnchain report published on CryptoQuant, Tron’s latest on-chain surge reveals an intriguing dynamic between network activity and market price. What makes this event particularly compelling is the clear bullish divergence it forms. While Tron’s fundamentals are strengthening, its price has been steadily declining—a pattern that often precedes a reversal.

Specifically, the number of daily active addresses jumped from 3.5 million to 6.23 million on October 27, 2025, marking one of the network’s most active days ever. Meanwhile, TRX has been in a soft downtrend since August, slipping from a high near $0.36 to roughly $0.29. This divergence—rising on-chain engagement amid falling prices—suggests that market participants are underpricing Tron’s growing real-world utility.

Historically, such divergences between on-chain strength and price weakness have often acted as leading indicators for trend shifts. In Tron’s case, the data implies that network demand and user adoption are increasing faster than market sentiment reflects.

Analysts point to several possible catalysts behind this activity, including new decentralized application (dApp) launches, higher stablecoin transaction volumes, and effective user acquisition campaigns across the ecosystem.

The key factor now is sustainability. If this elevated level of activity holds through the coming weeks, it would confirm that Tron’s network growth is structural rather than temporary. Such validation could lay the groundwork for a significant bullish reversal, especially if macro conditions—like the Federal Reserve’s rate and QT decisions—shift toward easing, boosting liquidity across risk assets.

TRX Tests Key Moving Average As Bulls Defend Support

Tron’s (TRX) price is showing signs of consolidation around the $0.29–$0.30 range after an extended pullback from the August high of $0.36. The daily chart reveals that TRX has now reached the 200-day moving average (red line) — a key technical support that has historically served as a major inflection point for trend reversals. The asset briefly dipped below this level earlier in the week but has since recovered slightly, suggesting that buyers are attempting to stabilize momentum.

The 50-day (blue) and 100-day (green) moving averages are trending lower, reflecting short-term weakness after months of bullish structure. However, holding above the 200-day MA could mark the beginning of a base formation before a potential rebound. A confirmed close below this level, by contrast, would open the door for a deeper retracement toward $0.27 or even $0.25, where previous accumulation zones exist.

Trading volume remains moderate, hinting that the market is in a wait-and-see mode ahead of the US Federal Reserve’s interest rate and QT decision. If broader market sentiment turns risk-on and on-chain activity remains elevated, TRX could soon attempt a recovery toward $0.32–$0.33, reclaiming its medium-term trend.

Featured image from ChatGPT, chart from TradingView.com

Evernorth has emerged as the latest powerhouse in institutional crypto accumulation, closing in on its ambitious XRP treasury goal. In just a few days, the firm has reached 95% of its accumulation target, marking a major milestone in XRP’s journey toward broader institutional adoption. The rapid growth of Evernorth’s reserves and its strategic partnerships has sparked renewed excitement across the XRP community, signaling what could be a pivotal shift in how institutions engage with the cryptocurrency. 

Evernorth Nears $1 Billion In XRP Holdings

A new report from CryptoQuant has revealed that Evernorth’s XRP holdings is now nearing the $1 billion funding milestone, positioning it among the top institutional holders of the cryptocurrency. According to JA Maartunn, a community analyst at CryptoQuant, Evernorth currently holds 388,710,606.03 XRP, reaching 95% of its $1 billion target. 

The company’s total XRP treasury is now valued at approximately $947,183,571, with unrealized profits of roughly $46 million generated in four days. This figure reflects an average purchase price of $2.44 per XRP, which Maartunn believes could become a defining price level for the cryptocurrency’s market trajectory.

 Notably, Evernorth’s XRP treasury comes amid a broader trend of institutional diversification toward digital assets. Earlier this year, several major crypto treasury institutions—most notably Strategy, with its aggressive Bitcoin accumulation strategy, and The Ether Machine, with its dedicated focus on Ethereum—set the tone for large-scale crypto accumulation. 

Evernorth’s expanding holdings signal a decisive shift beyond BTC and ETH, underscoring a maturing institutional demand for alternative layer-1 assets. It also suggests that XRP may become the next frontier for institutional treasuries seeking exposure to high-liquidity, regulated crypto assets.

Evernorth’s XRP Growth Strategy 

Asheesh Birla, the CEO of Evernorth, introduced the treasury company last week, on October 20, through an X post. He described it as an institutional vehicle built to propel XRP’s global adoption. The announcement detailed the company’s plans to go public through a SPAC merger with Armada Acquisition Corp II (NASDAQ:AACI), targeting gross proceeds of more than $1 billion.

Evernorth’s growth strategy includes acquiring XRP through innovative financial structures designed to maximize XRP per share and expanding internationally into key markets like Japan and South Korea. The company also plans to diversify its yield generation through risk-mitigated treasury deployment. These initiatives reflect a deliberate, structured approach toward building a long-term institutional presence around XRP.

Ripple CEO Brad Garlinghouse has also praised Birla’s initiative, noting Ripple’s partnership and investment alongside prominent firms such as SBI Holdings, Pantera Capital, Kraken, GSR, and Rippleworks. Garlinghouse said that Evernorth’s participation in institutional lending, liquidity provision, and DeFi yield opportunities will be instrumental in expanding XRP’s utility. Ripple’s CTO, David Schwartz, who joins Evernorth as a strategic advisor, echoed this sentiment, expressing enthusiasm for building scalable opportunities for XRP across DeFi and capital markets.

The Bitcoin market landscape continues to evolve rapidly, with new developments emerging overnight that are reshaping short-term sentiment and long-term investor positioning across spot and derivatives markets. Price action remains steady, while on-chain and institutional signals are shifting.

What Happened With Bitcoin Over The Last 24 Hours?

In an X post, a crypto analyst, Luca, has offered insights on Bitcoin’s recent market movement. Over the past 24 hours, several notable developments in the BTC space have occurred. While BTC price action has been moving lower, funding rates have also declined, a combination that suggests long positions are being flushed out of the market.

However, Luca explains that the Open Interest (OI) has actually increased, pointing to something entirely different and signaling that bears are actively doubling down, not bulls getting liquidated. He believes that the recent drop isn’t driven by longs getting flushed, but by aggressive short positioning, as traders are trying to front-run a potential breakdown.

Historically, this kind of setup often fuels the next major move up, as excessive short exposure creates the perfect conditions for a short squeeze. A full-time crypto trader and investor, Daan Crypto Trades, has also mentioned that the Bitcoin price action, funding rate, and open interest have barely changed this month. Meanwhile, BTC has remained flat in October, despite reaching its first new all-time highs, and then BTC pulled back up to 20% lower.

Daan further highlighted that the neutrality of the funding rate has largely traded at its levels from the past two to three months, particularly dropping back to the level last seen in July, which is the only major change in the movement. This shows that leverage has been reduced, especially compared to when BTC was trading at similar prices in August and September.

Bitcoin Derivatives Market Hit The Reset Button

The Bitcoin funding flip is officially in, and it might be the signal the market has been waiting for. A popular crypto news source, CryptosRus, has revealed that a negative funding rate has just wiped the market clean. While leverage was flushed out, shorts got paid, and open interest cooled off. This is exactly the kind of deep reset the market needed, and now the sign of recovery is back in the green.

However, every time these funding rates flip from negative to positive after a deep reset, BTC starts building momentum again. BTC saw this same move in June and September, which is currently happening again. CryptosRus further noted that since October 22, the funding has been steadily climbing back above zero, but the BTC price has been consolidating. Such a combination feels like the calm before the next big move.

Crypto analyst Adez has revealed what most traders are missing following the Bitcoin price rally to $116,000 earlier this week. The analyst suggested there is no reason to be bullish right now, as BTC is likely to decline further before breaking out to the upside. 

What Traders Are Missing From The Bitcoin Price Action

In an X post, Adez noted that the Bitcoin price pumped from around $111,000 to $115,500 and that everyone thinks a breakout is happening. However, the analyst opined that the rally was just a trap. He explained that BTC actually swept the Value Area High at $114,600, but the Cumulative Volume Delta (CVD) barely moved. 

Adez further revealed that the open interest was completely flat, indicating that zero money came in for the move on Binance. The funding rate was also still at 0.01%, which is “dead neutral,” and nobody was excited about the Bitcoin price rally. In other words, he explained that the breakout happened with no institutional support, no new capital, and no retail FOMO, which is why the analyst believes the move was just a liquidity grab. 

As to what happens next, Adez stated that this is a classic pattern after sweeping resistance with weak conviction, which leads to a sharp reversal. He urged investors and traders to watch the next few H4 candles to see if the Bitcoin price rejects back below $114,600, forms a lower low, and the CVD starts dropping. 

For a break of structure to be confirmed, the Bitcoin price needs to break below the H1 at 114,839 and then the H4 at 113,560. Once that happens, Adez predicts that there is an 85% probability that BTC will head to the real support between $104,000 and $106,000 within seven to ten days. Notably, BTC has broken these two levels and may now be at risk of dropping to these support levels as the analyst has predicted. 

Why This Price Action Is Plausible

Adez explained that this Bitcoin price action makes sense because November is historically 60% bullish and that Q4 has averaged 65% wins. However, he noted that these rallies didn’t start from thin air at $115,000. Instead, they start from value zones where institutions can accumulate before BTC rallies. 

The analyst highlighted $109,000 as the point of control, while between $104,000 and $106,000 is the Value Area Low, where there are also billions in buy orders. He added that the current Bitcoin price action is floating above real support, which is exactly where smart money dumps before the real move begins. 

As such, Adez expects retail to buy the breakout at $115,000 and get stopped out on the reversal. Then, they miss the real entry between $104,000 and $106,000. On the other hand, Smart Money sells into this pump, waits for the sweep down, then loads up at between $104,000 and $106,000 and rides the Bitcoin price rally to above $130,000. 

At the time of writing, the Bitcoin price is trading at around $113,000, down in the last 24 hours, according to data from CoinMarketCap.

A crypto commentator is once again discussing how the United States may use XRP in a key plan. According to his post, XRP could one day reach very high prices and still be small compared to the US national debt. He suggests crypto could one day help solve the country’s money problems and tells people to hold four digital assets that he believes are important for the future. He says he has known about these ideas for a long time and is reminding the public again.

Crypto Pundit Says XRP At $1,000 Is “Peanuts” For US National Debt

The crypto commentator, known as The Real Remi Relief on X, is sharing a NewsMax video about using XRP to help clear the US national debt. In the X post, he simply says that $1,000 per XRP is “peanuts,” suggesting he thinks XRP’s value could be much higher if this idea becomes reality. The US national debt is enormous, totalling $37.8 trillion, and even at high XRP prices, it would still be small compared to the money the country needs.

The Real Remi Relief also says he has talked about this idea before, as he tells his followers to remember what he said back in December 2024. At that time, he said leaders were considering using crypto in a new way and shared all the information he could, though some he couldn’t discuss openly. The pundit hints that big decisions may involve XRP in a significant role tied to the US national debt.

The crypto commentator believes the public should pay attention because this idea could change how the United States handles its money. He believes that XRP at $1,000 is still cheap if it helps solve the trillion-dollar national debt, and crypto holders should be watching closely to see what happens next.

“Just Stack The Fantastic 4,” Pundit Advises Holders

The Real Remi Relief also tells crypto users to prepare for the future. The crypto pundit strongly suggests that something important is happening behind the scenes, possibly involving XRP and other valuable assets.

He calls these assets the “Fantastic 4.” These include XRP, XLM, XDC, and HBAR. The post suggests that these four assets will be critical in the future if the United States begins using digital money systems more widely. The pundit repeats that crypto holders should consider these assets now, not later.

He also gives safety advice in the X post. He asks holders to store their XRP, XLM, and HBAR in a cold wallet to keep their crypto safe offline. He says people should stack and protect these assets because they may appreciate if the US turns to crypto to address its financial problems.

Technical analyst Charting Guy has shared a new perspective on the relationship between XRP and Ethereum, identifying a setup that he believes could lead to short-term XRP outperformance. 

His analysis, which was posted on the social media platform X, focuses on the XRP/ETH weekly chart, where he highlighted the formation of a bullish divergence that has not appeared since mid-2024. The development, he says, signals a constructive shift in momentum that will favor XRP’s price action over Ethereum for the next three months.

A Rare Weekly Bullish Divergence Favors XRP Over Ethereum

In his update, Charting Guy explained that the XRP/ETH weekly Relative Strength Index (RSI) was previously rejected but has now reversed into a bullish divergence. The RSI has turned upward from a low region, while the price closed at a lower low last week, which is a tell-tale sign of waning selling pressure and XRP building strength against Ethereum.

This green-marked divergence on the analyst’s XRP/ETH chart, which is shown below, mimics a setup that preceded another major swing in XRP’s favor. The yellow RSI moving average has also started to flatten, and this is another signal that momentum could be stabilizing before a breakout. 

The last time this same configuration occurred was in June 2024, just before XRP began a multi-month surge against Ethereum. Back then, the XRP/ETH pair rose from 0.00015 to as high as 0.0003 in August 2024, before retracing and then finally picking up again in November 2024.

The pattern outlined by the analyst shows XRP/ETH currently consolidating near the 0.00063 ratio level. This time, the setup looks equally compelling. The RSI’s upward curve points to market participation on the XRP side, while Ethereum’s relative momentum continues to slow. If the pattern repeats, it could mark the start of another short-term cycle of the token strength against ETH.

Short-Term Projection Favors XRP

As shown by the projection drawn in blue on the chart above, Charting Guy visualized a scenario where XRP climbs sharply relative to Ethereum. The projection uses the performance of the pair between July 2024 and March 2025 to predict the next move. From here, the projection places the XRP/ETH pair trading above 0.00015 by March 2026.

He concluded his analysis by stating, “I am VERY bullish on $XRP > $ETH the next 3 months.” His three-month forecast implies that XRP could regain a leadership position among major altcoins during the next quarter. If the token manages to outperform Ethereum as predicted, it will close the gap in their market cap.

At the time of writing, XRP is trading at $2.64 with a $158 billion market cap. Ethereum, on the other hand, is trading at $4,025 with a $486 billion market cap.

U.S. market structure legislation talks resumed, crypto campaign funding ‘war chests’ grew, and Reuters looks into the Trump family’s crypto income.

The post US market structure talks back on, crypto war chests overflowing appeared first on CoinGeek.

After a turbulent month, the Dogecoin price looks to stabilizing just around the $0.2 level, and it continues to show strength at this level. However, there are some developments on the meme coin’s chart that suggest that there could be some bearish headwinds that could lead to another crash. Crypto analyst MyCryptoParadise outlines this in a recent analysis, showing the possible directions that the Dogecoin price could be headed in as the market unfolds.

Dogecoin Price Is Facing Strong Resistance

The first thing that stands out is that the crypto analyst explains that the Dogecoin price is already seeing a lot of resistance, especially on the 4-Hour chart. Since the price was rejected below $0.21, it suggests that bears are already putting a lot of pressure on the price at this level.

Another interesting chart is the Dogecoin 1-Hour chart that shows a breakdown in the Rising Wedge. The fact that this breakdown occurred with bearish divergence increases the possibilities of a price decrease, pushing it back down toward the next major support.

The crypto analyst also shows that this downward move is still supported by the confluence that has shown up. On the Dogecoin 1-Hour chart, the 200EMA has also been acting as a dynamic resistance, adding more pressure to an already bearish chart.

From here, the crypto analyst advises investors to be cautious before entering into the meme coin. For the best time to enter, it is best to wait for the price breakdown toward lower levels before taking a position. If the current trend plays out, then it could see another 10% breakdown.

In the event of this breakdown, then the next major level lies just above $0.18, which is where support is piling up. A cleaner bearish candlestick pattern would ensure an entry with lower risk, before the Dogecoin price begins another bounce.

However, just like with any setup, there is still the possibility for invalidation and this time, the bulls could do it. The Dogecoin price would have to break out and make a candle above the resistance zone on the 4-Hour chart. Such a sustained break would invalidate the bearish setup and create room for a bullish continuation.

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

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

What Historical Patterns Indicate

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

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

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

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

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

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

Bitcoin Poised For Breakout Similar To 2020-2021 Cycle

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

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

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

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

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

Following the recent launch of multiple crypto ETFs, Bitwise Asset Manager’s CIO has forecasted a bright future for the firm’s Solana Staking Exchange-Traded Fund (ETF), as investors show strong initial interest in the investment product.

Bitwise Solana Staking ETF Sees Strong Start

On Tuesday, Bitwise CIO Matt Hougan predicted that the Bitwise Solana Staking ETF (BSOL) could attract significant institutional interest and become one of the leading investment products based on digital assets.

Hougan argued that Solana is “one of the most exciting crypto investment opportunities that exists today,” as it records “the most revenue of any blockchain.” He explained that institutional investors “love” both ETFs and revenue, which suggests that these investors will “love Solana ETFs.”

Bitwise’s CIO previously pointed out that there must be fundamental reasons for investors’ interest in investment vehicles such as ETFs and Digital Asset Treasuries (DATs), signaling that Solana has them. Therefore, he has “a feeling the Bitwise Solana Staking ETF, BSOL, is gonna be huge.”

Ahead of the launch, ETF Expert Eric Balchunas predicted that the first day volume for Bitwise’s Solana ETF could surpass the $50 million mark. Notably, the firm’s spot Bitcoin ETF (BITB) and spot Ethereum ETH (ETHW) recorded $237.9 million and $204 million on their first day, respectively.

Hougan has highlighted that Solana’s market capitalization is 1/20th the size of BTC and less than 1/4th the size of ETH. Based on this, the volume for an SOL ETF is expected to be smaller than that of ETFs based on the two leading crypto assets.

According to data shared by Balchunas, BSOL recorded an impressive volume of $10 million in the first 30 minutes of trading, hinting at initial demand. This amount surged to approximately $33 million by the half-day mark and hit $56 million by the end of its first trading day.

According to the analyst, BSOL had a strong start, noting that its “$56m is the MOST of any launch this year.. More than XRPR, SSK, Ives and BMNU.”

Crypto ETFs Launch Amid Government Shutdown

BSOL was among the crypto ETFs launched on October 28 despite the US government shutdown. As reported by NewsBTC, Bitwise, for its Solana Staking ETF, and Canary Capital, for its spot Litecoin (LTC) and Hedera (HBAR) ETFs, filed 8-A forms on Monday to launch the investment products this week despite the government shutdown.

Notably, the Securities and Exchange Commission (SEC) was set to approve over a dozen altcoin ETFs between October and November after delaying the decision deadline and releasing new generic listing standards for the products.

However, investors expected that the long-awaited green light would be delayed until the end of the government shutdown. Journalist Eleanor Terret explained that the launch was possible because an open government isn’t required and the 8-A filings are “just as important” as the S-1 forms, as they formally register ETF shares under the Securities Exchange Act of 1934.

As a result, after the NYSE certified all the filings for the ETFs, they could start trading on Tuesday. Meanwhile, Grayscale’s Solana Trust (GSOL) will convert into an ETF on Wednesday.

Global financial services company Western Union is making a strategic move into the world of stablecoins, responding to the evolving landscape created by the recent passage of the GENIUS Act in the US.

On Tuesday, the company announced its intention to launch the US Dollar Payment Token (USDPT), a new stablecoin, alongside its Digital Asset Network designed to integrate digital and fiat currencies.

Western Union New USDPT Stablecoin

Built on the Solana (SOL) blockchain and issued by Anchorage Digital Bank, USDPT aims to broaden the options for transferring money for customers, agents, and partners, while also bolstering Western Union’s treasury capabilities. 

Through this initiative, the company plans to provide users with access to digital assets, allowing them to send, receive, spend, and hold USDPT with ease, supported by Western Union’s global compliance and risk management framework.

Devin McGranahan, President and CEO of Western Union, expressed the company’s commitment to harnessing emerging technologies to empower customers and communities. 

“As we transition into the digital asset space, USDPT will enable us to take ownership of the economics associated with stablecoins,” McGranahan stated. 

He also highlighted the significance of the Digital Asset Network, which aims to simplify cash off-ramps for digital assets by partnering with wallets and wallet providers, thereby allowing seamless access for customers via Western Union’s extensive global network.

Western Union anticipates that USDPT will launch in the first half of 2026, with plans for users to access the stablecoin through partner exchanges, ensuring broad availability and user-friendliness.

Stablecoins To Reduce Reliance On Traditional Banking

During Western Union’s third quarter of the year earnings call last Thursday, McGranahan revealed that the company has initiated a pilot program utilizing stablecoins for value transfer. 

He noted that this pilot aims to leverage blockchain technology and stablecoins to decrease reliance on traditional correspondent banking systems, which will help shorten settlement times and enhance capital efficiency.

Historically, Western Union has maintained a cautious approach towards crypto, primarily due to concerns regarding volatility, regulatory challenges, and customer protection. 

However, with the enactment of the GENIUS Act, McGranahan indicated that new opportunities are emerging for integrating digital assets into the company’s operations, enhancing efficiency, reducing friction, and ultimately improving the customer experience.

Western Union facilitates the transfer of billions of dollars annually, boasting a market capitalization of over $2.9 billion as of October 28, and generating more than $1 billion in adjusted revenue in the third quarter of the year alone.

Despite the announcement, SOL’s price has failed to react positively, currently attempting to hold the $200 line as the cryptocurrency’s next short-term support.

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

On-chain analytics firm Glassnode has revealed a Bitcoin price range that defines the current battleground between recent buyers and profit-takers.

Bitcoin Cost Basis Distribution Shows Where Resistance & Support Are Strongest

In a new post on X, Glassnode has talked about where support and resistance levels lie for Bitcoin based on the Cost Basis Distribution (CBD). This indicator basically tells us about the total amount of supply that last changed hands at the various price levels that the cryptocurrency has visited in its history.

Below is the chart shared by the analytics firm that shows the trend in this metric over the last few months.

As is visible in the graph, the CBD highlights two levels for holding a dense amount of the cryptocurrency’s supply (shaded in red). The lower of these levels is situated near $111,000. A large chunk of buying at this mark occurred during the recent bearish phase in the asset.

The other level is located around $117,000, made up of investors who bought during the price rally to the all-time high (ATH). Naturally, these buyers would be underwater right now, while those who purchased at $111,000 would be in profit.

Generally, holders are sensitive to retests of their cost basis and can show some kind of reaction during one. Since these two levels host the cost basis of a significant amount of investors, it’s possible that when BTC will revisit them, some panic selling or buying will crop up.

Which behavior would be dominant usually comes down to the market mood and the direction of the retest. When the retest occurs from above, investors may choose to buy more, believing the same cost basis level would result in profits again in the future. Similarly, holders who were in loss prior to the retest can react by selling, fearing that the asset will drop again in the future.

Considering these effects, the $111,000 may be considered a key support cushion for Bitcoin, while $117,000 a resistance barrier. “This range defines the current battleground between recent buyers and profit-takers,” noted Glassnode.

It now remains to be seen which level BTC will visit next and how its retest will go. “A break in either direction could set the tone for the next major move,” explained the analytics firm.

In some other news, the Stablecoin Supply Ratio (SSR) Oscillator has been sitting at cycle lows recently, as Glassnode has pointed out in another X post. This oscillator is based on the SSR, which compares the Bitcoin circulating supply against the supply of the stablecoins.

The SSR Oscillator is sitting at a low level at the moment, which indicates that the BTC supply is low compared to stablecoin liquidity. “Historically, such periods precede stronger bid-side support when market confidence returns,” said the analytics firm.

BTC Price

Bitcoin saw a retrace toward $113,500 earlier, but the coin has been quick to bounce back as its price has returned to $115,400.

Solana failed to stay above $200 and corrected gains. SOL price is now trading below $200 and might decline further if it dips below $192.

• SOL price started a downside correction below $200 against the US Dollar.
• The price is now trading below $198 and the 100-hourly simple moving average.
• There was a break below a bullish trend line with support at $198 on the hourly chart of the SOL/USD pair (data source from Kraken).
• The pair could extend losses if it dips below the $192 zone.

Solana Price Corrects Some Gains

Solana price started a decent increase after it settled above the $192 zone, beating Bitcoin and Ethereum. SOL climbed above the $198 level to enter a short-term positive zone.

The price even smashed the $200 resistance. A high was formed near $205 and the price recently corrected some gains. There was a move below the 23.6% Fib retracement level of the upward wave from the $177 swing low to the $205 high.

Besides, there was a break below a bullish trend line with support at $198 on the hourly chart of the SOL/USD pair. Solana is now trading below $198 and the 100-hourly simple moving average.

On the upside, the price is facing resistance near the $198 level. The next major resistance is near the $200 level. The main resistance could be $205. A successful close above the $205 resistance zone could set the pace for another steady increase. The next key resistance is $212. Any more gains might send the price toward the $220 level.

More Losses In SOL?

If SOL fails to rise above the $200 resistance, it could start another decline. Initial support on the downside is near the $192 zone and the 50% Fib retracement level of the upward wave from the $177 swing low to the $205 high. The first major support is near the $188 level.

A break below the $188 level might send the price toward the $180 support zone. If there is a close below the $180 support, the price could decline toward the $166 support in the near term.

Technical Indicators

Hourly MACD – The MACD for SOL/USD is gaining pace in the bearish zone.

Hourly Hours RSI (Relative Strength Index) – The RSI for SOL/USD is below the 50 level.

Major Support Levels – $192 and $188.

Major Resistance Levels – $200 and $205.

XRP price started a fresh increase above $2.550. The price is now facing hurdles above $2.650 and at risk of another decline in the near term.

• XRP price gained pace for a move above $2.60 and $2.620 before the bears appeared.
• The price is now trading below $2.60 and the 100-hourly Simple Moving Average.
• There was a break below a bullish trend line with support at $2.6350 on the hourly chart of the XRP/USD pair (data source from Kraken).
• The pair could start a fresh increase if it stays above $2.50.

XRP Price Retreats Lower

XRP price started a fresh increase after it settled above $2.50, like Bitcoin and Ethereum. The price surpassed the $2.550 and $2.60 resistance levels.

The bulls were able to push the price above $2.650. A high was formed at $2.6972 and the price recently started a downside correction. There was a move below the 23.6% Fib retracement level of the recent move from the $2.327 swing low to the $2.6972 high.

Besides, there was a break below a bullish trend line with support at $2.6350 on the hourly chart of the XRP/USD pair. The price is now trading below $2.60 and the 100-hourly Simple Moving Average.

If there is a fresh upward move, the price might face resistance near the $2.620 level. The first major resistance is near the $2.650 level, above which the price could rise and test $2.6880. A clear move above the $2.6880 resistance might send the price toward the $2.720 resistance. Any more gains might send the price toward the $2.7650 resistance. The next major hurdle for the bulls might be near $2.80.

More Losses?

If XRP fails to clear the $2.650 resistance zone, it could start a fresh decline. Initial support on the downside is near the $2.5650 level. The next major support is near the $2.550 level.

If there is a downside break and a close below the $2.550 level, the price might continue to decline toward $2.5120 or the 50% Fib retracement level of the recent move from the $2.327 swing low to the $2.6972 high. The next major support sits near the $2.450 zone, below which the price could continue lower toward $2.40.

Technical Indicators

Hourly MACD – The MACD for XRP/USD is now gaining pace in the bearish zone.

Hourly RSI (Relative Strength Index) – The RSI for XRP/USD is now below the 50 level.

Major Support Levels – $2.550 and $2.5120.

Major Resistance Levels – $2.650 and $2.6880.

Ethereum price started a downside correction from $4,250. ETH is moving lower below $4,000 and might decline further if it trades below $3,920.

• Ethereum started a downside correction below $4,150 and $4,050.
• The price is trading below $4,050 and the 100-hourly Simple Moving Average.
• There was a break below a bullish trend line with support at $4,100 on the hourly chart of ETH/USD (data feed via Kraken).
• The pair could continue to move down if it trades below $3,920.

Ethereum Price Starts Downside Correction

Ethereum price extended gains above the $4,050 level, like Bitcoin. ETH price even surpassed $4,200 before the bears appeared. A high was formed at $4,252 and the price recently started a downside correction.

There was a move below the $4,120 and $4,050 levels. The price dipped below the 50% Fib retracement level of the recent wave from the $3,708 swing low to the $4,252 high. Moreover, there was a break below a bullish trend line with support at $4,100 on the hourly chart of ETH/USD.

Ethereum price is now trading below $4,080 and the 100-hourly Simple Moving Average. If there is another increase, the price could face resistance near the $4,040 level. The next key resistance is near the $4,080 level.

The first major resistance is near the $4,120 level. A clear move above the $4,120 resistance might send the price toward the $4,200 resistance. An upside break above the $4,200 region might call for more gains in the coming sessions. In the stated case, Ether could rise toward the $4,240 resistance zone or even $4,250 in the near term.

More Losses In ETH?

If Ethereum fails to clear the $4,080 resistance, it could start a fresh decline. Initial support on the downside is near the $3,950 level. The first major support sits near the $3,920 zone and the 61.8% Fib retracement level of the recent wave from the $3,708 swing low to the $4,252 high.

A clear move below the $3,920 support might push the price toward the $3,880 support. Any more losses might send the price toward the $3,840 region in the near term. The next key support sits at $3,780.

Technical Indicators

Hourly MACD – The MACD for ETH/USD is gaining momentum in the bearish zone.

Hourly RSI – The RSI for ETH/USD is now below the 50 zone.

Major Support Level – $3,920

Major Resistance Level – $4,080

XRP hovers at a key resistance, signaling a crucial decision point. With momentum building, traders now wonder, will one final dip come before the next major breakout?

XRP Faces A Crucial Decision Zone Amid Ongoing Range

CasiTrades, in a recent market update, highlighted that XRP continues to range within a critical zone, keeping its setup for a potential final wave down valid. The analyst noted that the price remains at a key decision point, with ongoing tests of the Wave 4 highs acting as a firm ceiling against further upside movement. 

According to CasiTrades, the pivotal level to watch is $2.82 on Binance. A confirmed breakout and sustained hold above this resistance would invalidate the bearish setup and signal renewed bullish momentum. However, XRP has so far failed to push through, maintaining a range-bound structure between support and resistance, a sign that the market has yet to commit to a clear directional trend.

The analyst emphasized that a V-shaped recovery typically breaks through resistance with strong conviction, but such a move has not been seen here. Instead, XRP’s hesitancy indicates that selling pressure may still be present, preventing a clean continuation to the upside. 

Exchange Variations Add Complexity To Market Analysis

CasiTrades went on to explain that most major exchanges are now aligning around their key Fibonacci retracement levels, particularly the 0.618 zone. On Binance, this range sits between $1.35 and $1.46, which the analyst identified as the area where the next corrective wave could complete. According to the expert, this move would finalize the macro Wave 2 correction, paving the way for a powerful Wave 3 impulse that might propel XRP toward $6.50 or even $10.

The analyst emphasized that these lower price levels shouldn’t be viewed as a cause for concern but rather as valuable accumulation opportunities for long-term investors. Historically, zones like these have marked points of strong institutional buying and major trend reversals, presenting some of the best risk-to-reward setups before a large bullish expansion.

CasiTrades also noted that exchange discrepancies add a layer of complexity to the analysis. For instance, during a recent liquidation event, Binance briefly fell to $0.77, while Coinbase never reached its .618 retracement. This variation means traders should always chart on the specific exchange they plan to execute trades on, as price reactions can differ slightly between platforms. In conclusion, the analyst noted that until XRP breaks and holds above $2.82, the market structure still supports the idea of one final downward wave before a major upward cycle begins.

Bitcoin price is correcting gains below $113,500. BTC could continue to move down if it stays below the $114,200 resistance.

• Bitcoin started a downside correction below the $114,200 support.
• The price is trading below $114,000 and the 100 hourly Simple moving average.
• There was a break below a bullish trend line with support at $114,050 on the hourly chart of the BTC/USD pair (data feed from Kraken).
• The pair might continue to move down if it trades below the $112,000 zone.

Bitcoin Price Starts Pullback

Bitcoin price extended gains above the $113,500 zone. BTC gained pace for a move above the $115,000 pivot level. The price even spiked above $116,200 before the bears appeared.

A high was formed at $116,309 and the price is now correcting some gains. There was a move below the $114,200 support zone. The price dipped below the 23.6% Fib retracement level of the recent wave from the $106,718 swing low to the $116,309 high.

Moreover, there was a break below a bullish trend line with support at $114,050 on the hourly chart of the BTC/USD pair. Bitcoin is now trading below $114,000 and the 100 hourly Simple moving average.

Immediate resistance on the upside is near the $113,650 level. The first key resistance is near the $114,200 level. The next resistance could be $115,000. A close above the $115,000 resistance might send the price further higher. In the stated case, the price could rise and test the $116,200 resistance. Any more gains might send the price toward the $117,500 level. The next barrier for the bulls could be $118,000.

More Losses In BTC?

If Bitcoin fails to rise above the $114,200 resistance zone, it could continue to move down. Immediate support is near the $112,000 level. The first major support is near the $111,500 level or the 50% Fib retracement level of the recent wave from the $106,718 swing low to the $116,309 high.

The next support is now near the $110,500 zone. Any more losses might send the price toward the $110,000 support in the near term. The main support sits at $108,500, below which BTC might struggle to recover in the short term.

Technical indicators:

Hourly MACD – The MACD is now gaining pace in the bearish zone.

Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now below the 50 level.

Major Support Levels – $112,000, followed by $111,500.

Major Resistance Levels – $114,200 and $115,000.

An analyst has explained how Solana could decide its next big move after rising to $210, the resistance level of a Parallel Channel.

Solana Has Been Trading Inside A Parallel Channel Recently

In a new post on X, analyst Ali Martinez has talked about how the trajectory of Solana is looking from the perspective of a technical analysis (TA) pattern. The pattern in question is a Parallel Channel, which forms whenever an asset’s price trades between two parallel trendlines.

The upper line of the channel is considered a source of resistance, meaning that tops can be probable to appear on retests of it. Similarly, the lower level is assumed to provide support to the price, helping it to arrive at bottoms. A breakout of either of these bounds can signal a continuation of the trend in that direction. That is, a surge above the Parallel Channel can be a bullish signal, while a drop under it may lead to bearish action.

There are a few different types of Parallel Channels, depending on how the channel is oriented with respect to the graph axes. Channels that have a positive slope are known as Ascending Channels, while those that slope downward are called Descending Channels.

In the context of the current topic, the third and simplest type is the one of interest: a Parallel Channel that’s also parallel to the time-axis. This case corresponds to a phase of true sideways consolidation in the asset.

Now, here is the chart shared by Martinez that shows the Parallel Channel that the 4-hour price of Solana has been stuck inside for the last couple of weeks:

As displayed in the above graph, Solana retested the lower level of the Parallel Channel last week and successfully found support. The cryptocurrency has since been rising and nearing the resistance level, located at $210. Considering the coin’s current trajectory, the analyst has noted that its price may be heading for a retest at $210 before making its next big move. However, the direction of such a move, if one happens, remains uncertain.

Given that the $210 level corresponds to the resistance line of the Parallel Channel, it’s possible that a retest could reject Solana all the way back down to the support level around $176. It’s also possible, though, that this retest could instead lead to a breakout. In this case, SOL could naturally see a sustained bullish push. It now remains to be seen which of the two scenarios will play out for the asset if the Parallel Channel holds and a retest takes place.

SOL Price

At the time of writing, Solana is floating around $200, up over 7.5% in the last seven days.

The Solana decentralized finance (DeFi) ecosystem just gained another powerful addition with the launch of SolsticeFi. This innovative new platform is poised to introduce a much-needed layer of risk-controlled yield generation, directly addressing one of the primary concerns for users venturing into the safety of their deposited capital.

SolsticeFi is reimagining how investors earn on Solana by introducing a defensively engineered approach to yield, one that directly protects the value of user deposits. According to crypto commentator Madissa’s post on X, one of SolsticeFi’s most compelling features is its ability to allow users to continue earning staking rewards while keeping their assets liquid and usable across the broader DeFi ecosystem.

How SolsticeFi Balances Risk While Generating Yield

This innovation created continuous opportunities for user to deploy their capital in other protocols without interrupting their base yield, instead of locking up funds. SolsticeFi platform is designed to prioritize full transparency and validator diversification, minimizing exposure to single-validator risks and opaque yield platforms. Furthermore, depositing capital into SolsticeFi provides support for SOL’s network security while generating sustainable returns for users.

Related Reading: Solana Stays Strong: Network Outperforms Rivals Amid AWS Outage Turmoil

Crypto analyst Hokage has also mentioned how Solana is improving and completely revolutionizing financial transaction speeds in traditional finance (TraFi), where transfers take days, settlements drag, and middlemen slow everything down.

SOL has changed the game by creating a new block every 400 milliseconds, and currently, the central to this acceleration is Bam, the new block assembly marketplace. This Bam will speed up how quickly user transaction gets picked up and integrated into a block, and slash inclusion times to an astonishing 50-100 milliseconds. Building on this is Alpenglow, which takes finality down to an incredible 100-150 milliseconds faster than a blink, and the point where the network confirms the user transaction is 100% done and irreversible.

One project that stands out in these ultra-fast ecosystem steps is SolsticeFi’s USX, a stablecoin specifically built to move at that speed, which enables users to send dollars, deploy capital, and settle instantly. Hokage concluded that “while these advancements might sound like pure sci-fi, if you’ve been around the SOL ecosystem, you would know it’s not.”

Market Confidence Returns To Solana

While SolsticeFi provides speed and reduces risk to Solana yield platforms, KOLS Manager at Binance, investor, and trader BitGuru, has noted that SOL’s price is currently showing a strong bullish setup, after following a steady downtrend and now stabilizing near key support.

As a result of that action, the SOL market is now pulling back with considerable strength, aiming to break above the critical $210 resistance level, a zone that has capped multiple attempts at recovery. A decisive breakout above $210 would likely trigger SOL’s next leg higher toward $230 and beyond.