The next Federal Open Market Committee (FOMC) meeting is fast approaching, and the bets are already pouring in as to what it would mean for the Bitcoin and crypto industry. The last FOMC meeting took place in September, when the Federal Reserve ended up cutting rates down to 4-4.25% after months of no rate cuts. With this setting the tone, the expectations that another rate cut could be on the way are getting louder, with the FedWatch Tool showing a high percentage.
Market Expects Another Rate Cut To 3.75-4%
The next FOMC meeting is scheduled for Wednesday, October 29, 2025, and there is already a major clamor around what the Fed is planning on doing. The current market headwinds point to a favorable outcome for risk assets such as Bitcoin and other cryptocurrencies, with expected rate cuts.
Currently, the CME FedWatch Tool is showing that the probability of a rate cut has risen to 98.3% as of the time of this writing. This leaves only a 1.7% chance that the Federal Reserve will actually leave rates at their current levels, and there is zero chance that there will be a rate hike.
A reduction in the rate cuts is good for businesses all around, as lower interest rates mean better loan terms and increased spending and borrowing. Thus, it will increase the participation in the markets, from consumer goods to the stock market, and then make its way into newer markets such as Bitcoin and crypto.
Expectations For Bitcoin And Crypto Are Getting Higher
A rate cut by the Federal Reserve aligns with the more pro-crypto stance that the United States has been moving in since President Donald Trump was elected. Last week, the president pardoned the Founder and former CEO of the Binance crypto exchange, Changpeng Zhao, after he previously pled guilty to money laundering violations back in 2024. Zhao has since served a 4-month stint before the pardon from Trump came.
With the US embracing Bitcoin and crypto again, a rate cut will only further the ascent, allowing more investors to get into the market as liquidity frees up. The initial announcement has been known to trigger a rapid increase in the market. But as the news settles, the crypto market is expected to continue to rise in response.
However, nothing is certain until the FOMC meeting is complete and the announcement is made. For the Bitcoin and crypto market to remain bullish, inflation will also have to be reduced, as an increase could trigger more conservative stances from investors.
The crypto market, despite experiencing throughout the year major price fluctuations, security incidents, and legal hurdles, has experienced remarkable growth.
This can be attributed to the expansion of digital asset treasuries (DATs), increased institutional adoption, and new initiatives aimed at integrating digital assets, particularly stablecoins, into traditional financial sectors.
Andreessen Horowitz (a16z) recently shared their projections for the crypto landscape for the remainder of the year and years to come, highlighting nine key trends expected to be major catalysts for the industry.
Key Legislative Changes And Institutional Adoption
Firstly, market structure legislation in the US is expected to emerge as a critical priority for policymakers and Congress, establishing a clear regulatory framework that supports crypto developers.
The passage of the GENIUS Act in July of this year also marked a pivotal moment, garnering bipartisan support and providing builders with much-needed certainty in their endeavors.
Secondly, the adoption of stablecoins is set to accelerate as network effects take hold among financial institutions, merchants, and consumers, thereby enhancing the global standing of the US dollar.
Furthermore, major players like JPMorgan, Citi, BlackRock, and Fidelity are amplifying their crypto offerings through new product launches, partnerships, and acquisitions.
The infrastructure supporting blockchain technology is also advancing rapidly. Current networks can process over 3,400 transactions per second, marking a 100-fold increase over the past five years.
Moreover, a new wave of real-world assets (RWAs) is transitioning onto the blockchain as the worlds of crypto and traditional finance converge. The market for tokenized real-world assets has expanded to nearly $30 billion, with significant contributions from Treasuries, money market funds, and private credit.
The Future Of Crypto
In parallel, the crypto sector is attracting a growing pool of talent, driven by a more favorable regulatory environment and the emergence of new opportunities for developers.
The focus on revenue generation is also shifting within the token ecosystem. More tokens are implementing fee mechanisms, redirecting attention toward fundamental value. In the past year, users have paid $33 billion in fees, resulting in $18 billion for projects and $4 billion for token holders.
Innovative consumer products are also expected to drive the next wave of crypto adoption. Although approximately 716 million people now own cryptocurrency, only 40 to 70 million are considered active users.
Ultimately, 2025 is poised to lay the groundwork and establish the foundations for the years to come. It is expected to be a transformative year for the crypto industry, characterized by widespread institutional adoption, regulatory clarity, and tangible utility.
Featured image from DALL-E, chart from TradingView.com
Metaplanet, widely known as “Japan’s MicroStrategy”, has taken a major step forward in its long-term strategy by launching a 75 billion JPY share repurchase program.
This comes after the company faced a setback with a decline in its mNAV, and aims to make better use of capital and boost returns for shareholders.
Metaplanet has established a share repurchase program to enhance capital efficiency and maximize BTC Yield. The Board also approved a credit facility to enable flexible execution as part of the company’s capital allocation strategy. https://t.co/zucPBrIqOQ
In its latest disclosure, Metaplanet noted that recent market volatility and a decline in its mNAV have led to its stock being undervalued.
The mNAV compares the company’s enterprise value to the market value of its Bitcoin holdings. When it falls below 1.0x, the company’s shares are seen as trading below their fair value based on BTC reserves.
To address this, Metaplanet launched a capital management plan designed to maximize BTC yield and improve capital efficiency.
Metaplanet’s stock is currently trading at 499 JPY, up 2.5% over the past day and roughly 18% over the last five days. Its mNAV has also recovered to 1.03 as of the time of writing.
The buyback program will cover up to 150 million common shares, representing about 13.13% of its total outstanding shares, excluding treasury shares. It will run from October 29, 2025, to October 28, 2026 and buybacks will be conducted through purchases on the Tokyo Stock Exchange under a discretionary trading agreement.
$500M Credit Line Announced
In order to give the company more flexibility in carrying out the repurchase program, the board has also approved a credit facility with a borrowing limit of up to USD 500 million (around JPY 76.4 billion).
This allows the company to secure funds using its Bitcoin holdings as collateral whenever needed. The funds raised could be used for additional Bitcoin purchases, investments in its Bitcoin Income business, or share buybacks.
The credit line also plays a major role in the Company’s financial strategy and is expected to serve as bridge financing ahead of its planned issuance of preference shares.
Metaplanet’s Capital Allocation Policy
Metaplanet has also created a new Capital Allocation Policy designed to maximize sustainable value creation. It will be guided by three fundamental principles.
Metaplanet plans to actively utilize preferred shares, to strengthen BTC yield and enhance long-term shareholder value. It will avoid new issuances when mNAV is below 1.0x, and pursue them only when mNAV exceeds 1.0x and valuations and strategic conditions clearly support long-term shareholder value.
And if mNAV falls below 1.0x, the Company will actively consider share buybacks to enhance BTC yield and shareholder value.
It also noted that the funding sources for share repurchases may include cash reserves, funds raised from preferred share issuances, credit facilities, or income generated by its Bitcoin-related business operations.
Since April 2025, the company has expanded its Bitcoin Treasury Strategy, now holding 30,823 BTC, making it the fourth-largest public Bitcoin holder globally and the largest in Asia.
The company is also committed to its long-term goal of acquiring 210,000 BTC by the end of 2027.
Despite what appears to have been a setback, Metaplanet continues to show strong conviction in Bitcoin’s long-term potential.
Despite facing criticism for lagging behind the United States in creating a more accommodating environment for cryptocurrency growth and adoption, China reaffirmed its stringent stance on crypto once again this week.
Authorities issued warnings about the alleged risks posed by stablecoins, particularly amid concerns that the US may have solidified its dollar dominance through these digital assets.
US GENIUS Act Vs. China’s Crypto Caution
According to local media reports, Pan Gongsheng, governor of the People’s Bank of China, announced plans to expand the use of the country’s central bank digital currency (CBDC), known as the “e-CNY.”
He remarked, “[Stablecoins] are still in their early stages of development,” emphasizing that financial regulators globally remain cautious about these assets, which are typically pegged to other currencies.
In the United States, however, Trump’s policies toward digital assets have resulted in the passage of the GENIUS Act, as the first crypto bill aimed at laying the framework for the adoption of these dollar-pegged cryptocurrencies.
Yet, Pan highlighted that stablecoins currently fail to meet essential requirements such as customer identification and anti-money laundering (AML) measures, which could allegedly exacerbate gaps in global financial regulation.
He expressed concern that these issues foster a “speculative market atmosphere,” increasing vulnerabilities in the global financial system and affecting the monetary sovereignty of less developed economies.
The central bank plans to collaborate with law enforcement to continue cracking down on domestic operations and speculation related to crypto. “The policies and measures implemented since 2017 to address risks associated with virtual currencies remain in effect,” he stated.
Regulatory Revisions Ahead
Despite China’s continuous crypto crackdown, research on stablecoins is progressing within China. The country’s largest government-backed research fund recently opened applications for studies focused on stablecoins and their cross-border monitoring systems, offering grants ranging from 200,000 yuan (approximately $28,083) to 300,000 yuan ($42,126).
The central bank also plans to optimize the positioning of the digital yuan, allowing more commercial banks to participate in the pilot program that has been running in over two dozen cities since 2019, accumulating a transaction value exceeding 14 trillion yuan.
Zhu Hexin, director of the State Administration of Foreign Exchange, indicated that nine new policy measures would soon be introduced to promote trade innovation and development, with the potential to bring positive developments for the growth of the crypto ecosystem in the Asian country.
Wu Qing, chairman of the China Securities Regulatory Commission, also hinted at the possibility of such measures, stating that the regulator would review listing standards on the Shenzhen Stock Exchange’s ChiNext board to better align with the characteristics of emerging fields and future industries.
Featured image from DALL-E, chart from TradingView.com
Bitcoin and Ethereum spot ETFs kept their upward momentum on October 27, drawing a combined $283 million in net inflows. Bitcoin ETFs led with $149 million, marking their third consecutive day of gains. Ethereum ETFs followed with $134 million in positive flows, with all nine funds recording no outflows. The steady inflows highlight growing market optimism and rising institutional confidence in the two largest cryptocurrencies.
In a surprising turn of events, spot ETFs for Litecoin (LTC) and Hedera (HBAR) are now officially effective and will begin trading on NASDAQ tomorrow, according to Canary Funds CEO Steven McClurg. Litecoin and Hedera are the next two token ETFs to go effective after Ethereum, and Canary Funds has confirmed their launch tomorrow.
Additionally, Bloomberg’s Senior ETF Analyst Eric Balchunas confirmed that the NYSE has certified the 8-A filings for multiple crypto ETFs, including Bitwise’s spot Solana ETF (SOL) and Grayscale’s GSOL, which will convert on Wednesday.
He said that the Exchange has posted listing notices for Bitwise Solana, Canary Litecoin, and Canary HBAR to launch tomorrow, and Grayscale Solana to convert the day after. Unless there is last-minute SEC intervention, the launches are moving forward.
How Are ETFs Launching During a Government Shutdown?
This set of ETF approvals has raised questions about how such progress is possible during the ongoing U.S. government shutdown. Journalist Eleanor Terrett explained that certain legal provisions allow ETFs to move forward without active SEC oversight.
Under the Securities Exchange Act of 1934, the Form 8-A filing formally registers ETF shares for exchange trading, while the S-1 filing registers them under the Securities Act of 1933.
The NYSE certified all relevant 8-A filings this morning, marking the final procedural step before trading begins. As for the S-1s, issuers included language allowing their registration statements to automatically go effective 20 days after filing, bypassing the need for manual SEC approval.
This mechanism means ETFs can legally go live even when the SEC staff is unavailable, allowing launches to continue uninterrupted despite the shutdown.
However, not every digital asset community is celebrating.
XRP Community Frustrated as Others Move Ahead
While the crypto market welcomes new ETF launches, XRP investors are once again left behind. Legal expert Bill Morgan noted that delays around XRP have become a recurring theme and that the asset continues to be excluded from major developments.
I had a strong feeling XRP Spot ETFs would not be next. There are always delays when it comes to XRP. Always held back. https://t.co/7Vhzi6Cesv
He also said that XRP’s price generally mirrors Bitcoin’s movements, explaining that even multiple ETF approvals would not necessarily drive the token higher if Bitcoin were to fall.
After months of growing uncertainty and anticipation, the debut of exchange-traded funds (ETFs) for Hedera (HBAR) and Litecoin (LTC) is set to commence tomorrow, as confirmed by Canary Capital’s CEO Steven McClurg on Monday.
Hedera And Litecoin ETF Launches Imminent
Crypto reporter Eleanor Terret shared the news on X (formerly Twitter), revealing that the ETF launches for Litecoin and Hedera are imminent, with a statement from McClurg underscoring the excitement for the upcoming launch.
Notably, the New York Stock Exchange (NYSE) has also made significant moves in the ETF sector by certifying 8-A filings and issuing listing notices for Bitwise Invest’s spot Solana (SOL) ETF launch tomorrow and Grayscale’s GSOL conversion slated for Wednesday.
Despite the ongoing government shutdown, these ETF debuts are proceeding smoothly, Terret confirmed. The legal processes behind ETF launches, including the crucial 8-A filings, have been completed successfully, paving the way for the launch of these investment vehicles.
ETF Listings Confirmed
Addressing concerns about Securities and Exchange Commission (SEC) approval during the shutdown, a key detail emerged: the issuers strategically included provisions in their amended S-1 filings, enabling automatic effectiveness 20 days post-filing. This ensures a seamless transition to trading without manual SEC approval.
Bloomberg’s ETF expert, Eric Balchunas, further corroborated this development on social media, confirming the listing notices for Bitwise, Canary, to launch imminently, with grayscale Solana’s conversion scheduled shortly after. Balchunas stated, “Assuming there’s not some last min SEC intervention, looks like this is happening.”
The news has sparked a recovery in HBAR and LTC prices. Litecoin has regained the key $100 mark with a 2% surge in the 24-hour time frame, while Hedera has seen similar gains of 2.1% during the same period.
Featured image from DALL-E, chart from TradingView.com
Coinbase Global Inc. (NASDAQ: COIN) has partnered with Citigroup Inc. (NYSE: C). The strategic partnership between Citigroup and Collaboration will help democratize stablecoin and crypto payments to both retail and institutional clients.
According to Brian Armstrong, CEO of Coinbase, the collaboration with Citi will work on improving stablecoin utility and digital assets adoption. Furthermore, Citi is a top-tier bank with more than 200 million customers from over 160 nations and jurisdictions.
What’s The Market Impact of Citi’s Collaboration with Coinbase
Bull Market Fuel: Mainstream Crypto Adoption Facilitated by Institutional
The direct impact of Citi’s collaboration with Coinbase is the enhancement of the mainstream adoption of digital assets, amid the ongoing macro bull market. With both entities serving millions of global users, their partnership will enhance crypto liquidity and demand in the short term.
“This collaboration will combine Coinbase’s years of experience building secure, streamlined, and scalable infrastructure for digital assets with Citi’s global payments network that spans 94 markets and over 300 payment clearing systems. Together we’re working to create innovative payment solutions for institutions operating at scale,” Coinbase noted.
Both entities will be building their collaboration on the notable crypto regulatory clarity, especially in the United States. For instance, Citi users will seamlessly access stablecoin payments via Coinbase in a regulated manner through the GENIUS Act.
Stock Market Rebound on Competitive Edge
Following the announcement, COIN shares edged 5% higher on Monday, October 27, to trade about $366 at press time. Investors have gained more confidence in the long-term growth of COIN, since the exchange has an edge over its competitors.
Notably, the COIN stock price in the weekly timeframe has signaled a potential bullish breakout towards market discovery. Meanwhile, Citi’s stock price gained 2% on Monday to trade at about $100.81 at press time.
ClearBank, a technology-enabled clearing bank, is making a major push into digital finance to expand stablecoin use and improve cross-border payments across Europe.
Strategic Alliance Between ClearBank and Circle
ClearBank has announced a strategic framework agreement with a subsidiary of Circle Internet Group, the stablecoin giant behind USDC and EURC.
Through this partnership, the two companies will work together on a range of initiatives in the European market.
Initially, the focus will be on expanding access to USDC and EURC, Circle’s MiCA-compliant, fully reserved stablecoins, through Circle Mint in Europe. This move places ClearBank as a core infrastructure partner for banks and fintechs, that are looking for trusted, multi-currency stablecoin solutions for payments, treasury, and liquidity use cases.
ClearBank to Join Circle’s Payments Network
ClearBank is taking another big step by planning to join Circle’s Payments Network (CPN), making it one of the first European banks to do so. This will let clients move money around the world at internet speed, with the transparency of blockchain technology.
By linking its cloud-based banking system with Circle’s infrastructure, including Circle Mint and the Circle Payments Network, ClearBank is bridging traditional and digital finance to make cross-border payments faster and cheaper.
Mark Fairless, CEO of ClearBank, said this move marks a major step in ClearBank’s growth as a cross-border payments innovator.
Sanja Kon, VP of Partnerships & Business Development, EMEA at Circle, said that this partnership will expand access to USDC and EURC, helping drive faster, more transparent payments and unlock new financial services built on “open, programmable money.”
Expanding Opportunities Beyond Payments
ClearBank and Circle are also exploring additional strategic use cases, including stablecoin-based treasury solutions and future tokenized asset settlement integrations.
Circle launched the CPN in April, to connect banks, fintechs, and payment providers to settle cross-border payments in real time using regulated stablecoins like USDC and EURC. CPN supports a wide range of cross-border use cases, from payments and remittances to treasury and onchain finance.
Circle also became the first global stablecoin issuer to meet MiCA requirements in July 2024, well ahead of the regulation coming fully into effect later that year.
Clearbank’s move highlights the growing confidence among financial institutions in using stablecoins for global payments.
As October draws to a close, optimism around Bitcoin price prediction 2025 is heating up. With BTC reclaiming key technical levels and macro events aligning in the final week of the month, November could emerge as the ignition point for a major bullish phase across crypto markets led by Bitcoin’s resurgence.
Macro Triggers Align for a Perfect Storm
This final week of October is shaping up to be one of the most pivotal in months. Multiple macro catalysts are converging simultaneously, as an analyst has mentioned that the end of quantitative tightening (QT) could be near, potential rate cuts have a higher likelihood than ever, a $1.5 trillion liquidity injection could boost US sentiment, and renewed U.S.-China cooperation could completely rejuvenate the market.
If these developments unfold as anticipated, the result could be a massive surge in global liquidity and risk appetite. The combination of macro, liquidity, and narrative dynamics sets a near-perfect stage for a breakout going into November.
Bitcoin price today is trading around $115,196, marking a sharp 12% rebound from its mid-October low of $103,750. This surge has propelled BTC price above its 200-day EMA, a historically significant indicator.
The last time Bitcoin crossed this level was in Q2 2025, it triggered a powerful upward rally, and similar momentum appears to be building again.
On the Bitcoin price chart, the move above all above major EMAs into new support zones. Now, sustaining above them reinforces bullish sentiment and increases the likelihood of continued upside in the BTC price USD range.
Based on the bullish circumstances from this week’s event, the coming November could see the primary target of $ 130,000 and the next target at $ 145,000 before the year concludes, if bullish momentum continues.
ETF Inflows Return as On-Chain Metrics Flash Green
Following a series of outflows, Bitcoin ETF products are now experiencing net positive inflows. On October 24, $90 million in fresh institutional capital flowed into Bitcoin ETFs, signaling renewed investor confidence.
If this momentum continues, october ending days could attract even more institutional liquidity into the market before heading into November.
Simultaneously, on-chain data reveals a steep decline in Bitcoin exchange reserves since September, implying mass accumulation by long-term holders.
Over the past ten days, nearly 7 million BTC have moved back into profit territory, including 5.1 million coins held by investors under six months, per an CryptoQuant insight. This shift indicates growing conviction among newer market participants and a strengthening market structure.
Psychological Shift Reinforces Bitcoin Price Forecast November 2025
Behaviorally, profitability breeds confidence. As short-term holders see consistent gains, they’re less likely to sell prematurely and more inclined to add to positions. This gradual transformation from short-term speculation to medium-term conviction is a hallmark of early bull market phases.
If Bitcoin maintains its position above these realized price levels, it could confirm a structural transition back to optimism potentially paving the way for another leg up in the broader crypto rally. With momentum, macro alignment, and ETF inflows all trending upward, the Bitcoin price prediction 2025 looks increasingly promising.
FAQs
How much will 1 Bitcoin cost in 2025?
As per Coinpedia’s BTC price prediction, the Bitcoin price could peak at $168k this year if the bullish sentiment sustains.
How much will 1 Bitcoin be worth in 2030?
With increased adoption, the price of Bitcoin could reach a height of $901,383.47 in 2030.
How much will the price of Bitcoin be in 2040?
As per our latest BTC price analysis, Bitcoin could reach a maximum price of $13,532,059.98
How high will Bitcoin go in 2050?
By 2050, a single BTC price could go as high as $377,949,106.84
Stablecoins have been attracting increasing attention lately as banks and institutions explore its growing role in digital finance. However, despite its rapid innovation and increased adoption, some officials believe that it is in its early stages and the risks remain.
PBOC Governor Urges Caution
Pan Gongsheng, Governor of the People’s Bank of China, recently noted that virtual currencies, especially stablecoins issued by institutions, have seen a surge in growth over the past few years. However, he pointed out that the industry is still in its early stages.
Moreover, global financial bodies regulators are also growing increasingly cautious about the development of stablecoins.
Global Regulators Sound the Alarm
Just ten days ago, at the IMF and World Bank Annual Meetings in Washington, D.C., finance ministers and central bank governors discussed stablecoin and their potential risks as one of the main topics. They noted that while stablecoins are growing popular, they still fall short of basic financial standards like the customer identification and anti-money laundering measures.
Officials warn that these very gaps could make it easier for money-laundering, illegal cross-border transfers and even terrorist financing to occur. This has led to increased market speculation, adding pressure to the global financial system and concerns that it could even threaten the monetary sovereignty of smaller, less-developed economies.
These issues highlight the need for stronger oversight measures, before stablecoins can safely play a larger role in the financial system.
The governor has stressed that since 2017, the People’s Bank of China (PBOC), together with other departments, has introduced several policies in an effort to prevent and address the risks of domestic virtual currency trading speculation. He also noted that these measures are still in effect.
Looking ahead, the PBOC will keep working with the law enforcement agencies to continue cracking down on the operation and speculation of virtual currencies in China. At the same time, it will also closely monitor the growth of overseas stablecoins.
Ant Group’s Push into Digital Assets
This comes as Ant Group, Alibaba’s fintech arm, filed a trademark for “AntCoin” in Hong Kong, hinting at its growing interest in Web3 and digital assets. The trademark covers a wide range of financial operations from banking, lending, foreign exchange to blockchain settlement, digital-asset custody, stablecoin issuance, and even loyalty rewards.
It has previously faced pushback as the Chinese authorities ordered the company to halt its plans due to concerns over privately controlled digital assets.
However, its latest move shows that it is moving forward despite China maintaining a tight grip on crypto activity.
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FAQs
Why is China’s central bank warning about stablecoins?
China’s central bank says stablecoins are still in early stages and could pose financial risks without stronger oversight.
What concerns do global regulators have about stablecoins?
Global officials worry stablecoins may enable money laundering, cross-border risks, and threaten smaller nations’ monetary control.
How is China regulating stablecoins and virtual currencies?
Since 2017, China has banned crypto trading and continues cracking down on illegal transactions and speculative activities.
The broader crypto market appears to be approaching a major turning point and XRP price is positioned right in the middle of it. With liquidity expected to surge and macro catalysts aligning, XRP’s consolidation phase could soon give way to a decisive breakout, setting the tone for a new bullish cycle.
Liquidity Floodgates and Macro Dominoes Align
As the global economy braces for a series of synchronized macro shifts, risk assets like crypto are gaining renewed attention. The end of quantitative tightening (QT), the prospect of rate cuts, and a $1.5 trillion liquidity injection are building the foundation for what could be a historic rally.
Combined with easing U.S.-China tensions and strong S&P earnings, the current setup paints a “risk-on” environment. This perfect storm of liquidity, narrative, and capital rotation makes digital assets such as Bitcoin, Ethereum, and particularly XRP stand out among blue-chip cryptocurrencies.
XRP Price Enters a Symmetrical Triangle: Accumulation Before Expansion
Currently, XRP price hovers around $2.62, with a market cap of $157 billion and $4.49 billion in 24-hour trading volume. On the XRP price chart, the token is converging within a symmetrical triangle pattern.
This price compression indicates an extended accumulation phase. Smart money appears to be quietly positioning ahead of what could be a significant shift once volatility expands. The resilience of XRP price today highlights growing investor confidence despite ongoing macro uncertainties.
Interestingly, on-chain metrics from the XRP Ledger DEX are flashing bullish signals. Since May 2025, while price consolidation has continued, the DEX transaction count has been steadily rising shows that order activity and liquidity are building beneath the surface.
This surge in transactional engagement, including order placements and cancellations, reflects heightened participation from sophisticated traders. Such patterns typically precede strong price movements, suggesting that the market is “coiling the spring” for a sharp upside breakout once catalysts align.
ETF Momentum Could Redefine the XRP Narrative
Perhaps the most influential upcoming driver for XRP crypto is the growing anticipation around a potential XRP ETF launch. Recent discussions indicate that spot crypto ETFs for XRP, Solana, and Litecoin are ready for regulatory clearance once Washington resumes full operations.
Market commentators describe this situation as a “dam about to burst,” with the delay in approval being the only barrier holding back institutional inflows. Once lifted, the wave of new ETF products could dramatically increase XRP exposure, shifting it from an accumulation phase to a sustained XRP price rally.
FAQs
How much will XRP reach in 2025?
Analysts and AI forecasts project XRP could reach $5.05 by the end of 2025, driven by ETF approvals, partnerships, and regulatory clarity.
How much will 1 XRP be worth in 2030?
Based on compounding growth and adoption, projections estimate XRP could trade around $26.50 by 2030, with averages near $19.75.
Can XRP make you a millionaire?
Hypothetically, yes—if XRP reaches $500+ and an investor holds a significant amount (e.g., 2,000 XRP). However, this is speculative and depends on extreme long-term growth.
Is XRP a Good Investment?
XRP is considered a strong investment due to its institutional adoption, regulatory progress, and role in cross-border payments. However, it carries volatility risks like all cryptocurrencies.
Alibaba’s fintech arm, Ant Group, is stirring buzz in the crypto world after filing a trademark application for “AntCoin” in Hong Kong. While the filing doesn’t confirm a token launch, it signals that the company is laying the legal groundwork to blend its Alipay payments ecosystem with Hong Kong’s fast-emerging regulated Web3 and stablecoin framework.
A Step Toward Blockchain-Based Finance
According to the Hong Kong Intellectual Property Department, the AntCoin trademark, filed in June, covers a sweeping range of financial operations, from traditional banking, lending, and foreign exchange to blockchain settlement, digital-asset custody, stablecoin issuance, and even loyalty rewards. This suggests Ant Group’s long-term ambition to merge conventional financial services with decentralized digital finance, potentially making Alipay a gateway to Web3 adoption in Asia.
Tying In With Hong Kong’s Crypto Push
The timing of this move is noteworthy. Hong Kong recently introduced a stablecoin licensing regime in August, aimed at attracting regulated crypto innovation. Ant’s filing aligns neatly with this regulatory shift, showing the company’s intent to explore opportunities under the city’s new pro-crypto environment.
Adding to the anticipation, Ant Group Chairman Eric Jing is set to speak at the upcoming Hong Kong FinTech Week, sharing the stage with Christopher Hui, Hong Kong’s Secretary for Financial Services, and Fred Hu of Primavera Capital. This year’s event, traditionally focused on traditional finance, will heavily emphasize crypto and Web3 themes, sparking speculation that Ant might unveil more details about its blockchain direction.
Having said that, if Ant Group goes ahead with launching ANTCOIN, it could be a game changer for crypto adoption. With millions of Alipay users, the company could easily introduce digital currency to the mainstream. However, strict Chinese regulations might slow things down. Still, the move signals how major fintech giants are increasingly exploring the digital asset space.
Positioning Alipay for the Web3 Era
However, Ant Group’s interest in blockchain isn’t new, it has previously launched pilot projects exploring distributed ledger technology for supply chains and cross-border payments. However, the AntCoin filing marks its most direct step yet toward entering the regulated crypto economy. By securing the trademark early, the company ensures flexibility in branding, technology development, and compliance under Hong Kong’s evolving rules.
Though Ant Group hasn’t confirmed any token launch, the AntCoin trademark underscores how traditional fintech giants are preparing for the next wave of digital finance. With Hong Kong positioning itself as a crypto innovation hub, Ant’s latest move could soon bridge Alipay’s massive user base with regulated digital-asset services, potentially reshaping Asia’s payments landscape.
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FAQs
What is Ant Group?
Ant Group is Alibaba’s fintech arm, known for Alipay, one of the world’s largest digital payment platforms, serving over a billion users globally.
How much is Ant Group worth?
Ant Group’s valuation is estimated around $80–$100 billion, reflecting its strong presence in digital payments, finance, and blockchain innovation.
What is AntCoin by Ant Group?
AntCoin is a trademark filed by Ant Group in Hong Kong, hinting at future digital finance or blockchain services within its Alipay ecosystem.
Is AntCoin a cryptocurrency?
Not yet. AntCoin’s trademark doesn’t confirm a crypto launch but shows Ant Group’s interest in regulated blockchain and digital payment innovations.
The crypto and stock markets are gearing up for a big week ahead.
Investors will be watching for key developments from the Fed, including interest rate decisions and Powell’s conference, along with major earnings reports from tech giants and the upcoming Trump–Xi meeting.
All of this could have a big impact on markets, giving investors long-awaited clarity on liquidity, earnings, and global trade that will shape how money moves for the rest of the year.
THIS IS GONNA BE A BIG WEEK
Wednesday:
-Fed Interest Rate & QT Decision -Fed Chair Powell’s Press Conference -Microsoft, Alphabet, and Meta Earnings Reports
Thursday:
– President Trump–Xi Meeting – Apple and Amazon Earnings Reports
Markets widely expect the Fed to cut interest rates for the second time this year in its next meeting. According to the CME FedWatch Tool, the odds of a 25-basis-point rate cut currently stand at 97.3%.
With the government shutdown cutting off access to most recent economic data, investors will be closely watching how policymakers balance inflation with a cooling job market. Analysts note the Fed must clearly explain how it is making decisions with limited data, relying on its own surveys to decide on the policy matters.
Jerome Powell’s Press Conference – Wednesday
Markets will also watch Powell’s tone closely in his upcoming press conference, as it could shape expectations for further rate cuts this year. If he points to easing inflation or growing signs of a weaker job market, it could reinforce the Fed’s confidence in continuing rate cuts. Ultimately, that could send money flowing back into stocks and crypto.
Powell has also hinted that quantitative tightening is nearing its end, which could influence investor sentiment. The end of QT could mark a major turning point for risk assets, as it could effectively stop draining liquidity from the markets.
Microsoft, Alphabet, Meta Earnings – Wednesday
Big Tech earnings are up next, with Microsoft, Alphabet, and Meta reporting on Wednesday, followed by Apple and Amazon on Thursday. Strong results could give both the stock and crypto markets a solid boost.
President Trump Meets President Xi – Thursday
Finally, the highly anticipated Trump–Xi meeting on Thursday takes center stage.
U.S Treasury Secretary Scott Bessent said Sunday that the U.S. and Chinese officials have agreed on a “very substantial framework” for a trade deal, setting the stage for talks between President Trump and President Xi this week.
The deal would prevent 100% U.S. tariffs on Chinese goods and delay China’s planned rare-earth export controls. Moreover, Trump is also optimistic and expects to reach an agreement soon.
With the FOMC meeting and possible rate cuts, progress on trade talks, and the government shutdown coming to an end, the setup looks stacked with bullish catalysts. However, there is also a risk that markets may have already priced in much of the optimism, which could leave little room for growth.
Over the years, a number of indicators have emerged that have often helped to pinpoint the Bitcoin bull market peak. These indicators have been triggered in previous cycles, and their triggers have often been a signal that it was time to get out of the market, as a new bear market is underway. However, this time around, even with the Bitcoin price hitting multiple new all-time highs, none of these cycle peak indicators have been triggered, suggesting that the market top has yet to be reached.
0 Out Of 30 Bull Market Peak Indicators Triggered
The Bull Market Peak Indicator tracker on the Coinglass website follows a total of 30 indicators that follow 30 indicators that show the progress of the Bitcoin bull market toward reaching a top. Some major ones include the Bitcoin Bubble Index, the Puell Multiple, the Bitcoin Rainbow Chart, and the Altcoin Season Index, among others.
Usually, these indicators are tracked on a scale of 0-100%, with 0% meaning that it is far from being triggered and 100% showing that an indicator has been triggered. If only a few of these get to the 100% mark and are triggered, it usually doesn’t mean that the Bitcoin peak has been reached.
However, even now, not one of these indicators has been triggered. Most continue to remain quite low, while the likes of the Bitcoin dominance are high, but still have not been triggered. For there to be a definite progress toward the Bitcoin market peak, at least half of these would have to be triggered.
What This Means For Investors
Since none of the bull market peak indicators have been triggered, it means that the Bitcoin price might actually be far away from its all-time high. With the score still being 0 out of 30, it points to this being a time to hold, despite the declines that the market has suffered recently.
According to a previous report from Bitcoinist, this was the case a few months ago, and now two months later, the tracker remains the same. Thus, it could be that $126,000 is not the all-time high for Bitcoin, and that the market could end up getting an altcoin season after all.
In the case that more than half of the bull market peak indicators do get triggered, then it means that the top of the market is getting close. Once it gets to 30/30, then it signals the start of the next bear market, and this is when selling is at its highest in the market, leading to rapid price declines across the board.
JPYC Inc has launched Japan’s first yen-pegged stablecoin, JPYC, and its dedicated platform for issuing and redeeming tokens, JPYC EX. The stablecoin is secured 1:1 with Japanese yen and backed by bank deposits and government bonds, offering strong reliability. Users can access JPYC on Avalanche, Ethereum, and Polygon blockchains, making it versatile for digital payments. This move marks a major step in Japan’s shift toward blockchain-based finance and cashless transactions.
Zcash (ZEC) Price is back in the spotlight after a stunning 30% price jump in just 24 hours, triggered by a bold prediction from BitMEX co-founder Arthur Hayes.
This bullish call sent traders rushing in, pushing Zcash’s market capitalization past the $5 billion mark for the first time.
Arthur Hayes’ Ignites FOMO
Arthur Hayes has a reputation for moving markets, and this time was no different. His simple post was enough to create massive fear of missing out (FOMO) among traders.
Binance Square contributor AB Kuai Dong said Hayes’ endorsement, given his status as a “legendary investor,” made everyone “follow the trend and join in,” turning it into a full-blown market frenzy.
Many traders on X admitted they couldn’t resist jumping in, with one user named Clemente confessing,
“I was filled with so much FOMO I couldn’t stay sidelined.”
DeFi analyst Ignas said that Zcash’s sudden surge in hype shows how crypto trends spread quickly. At first, people see the coin everywhere on social media and feel unsure because it’s an old project. But as the price keeps rising, curiosity turns into fear of missing out, and many end up buying just to join in.
Once they buy, they start liking and sharing more Zcash posts, which makes the hype grow even more. Ignas admitted he did the same, showing how easy it is to get caught in this loop.
Beyond Hayes’ influence, the rally also reflects renewed investor interest in privacy-focused cryptocurrencies amid growing global scrutiny over encryption and digital privacy. Zcash’s technology, built on zero-knowledge proofs, allows users to make either transparent or fully shielded transactions, ensuring total privacy for senders, receivers, and amounts. Traders are seeing Zcash and similar projects as a potential hedge against increasing government control over digital assets.
Fellow privacy token Monero (XMR) also saw a modest 3.6% gain to $346, though it remains restricted or delisted on major exchanges such as Binance, OKX, and several European platforms. Despite regulatory challenges, the renewed attention toward privacy tokens suggests the sector could see a broader revival if the momentum continues.
ZEC Price 490% Monthly Run and Market Sentiment
The past month has been phenomenal for Zcash, with a 490% surge in just 30 days, outpacing nearly every other top coin. The broader market sentiment remains cautiously optimistic, as Bitcoin holds steady near key resistance levels and altcoins begin to show strength. Zcash’s explosive rise suggests that traders are seeking high-risk, high-reward bets, particularly in niche sectors like privacy coins.
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FAQs
What is Zcash (ZEC) and how does it work?
Zcash is a privacy-focused cryptocurrency. It uses “zero-knowledge proofs” to let users choose between transparent transactions or fully shielded, private ones that hide sender, receiver, and amount.
Why is ZEC’s price up today?
ZEC surged after BitMEX co-founder Arthur Hayes hinted it could reach $10,000, sparking trader FOMO and renewed demand for privacy tokens.
How to buy Zcash (ZEC)?
You can buy Zcash on major exchanges like Binance or Coinbase. Create an account, verify your ID, deposit funds, and place a buy order.
Is Zcash a good investment?
Zcash has shown impressive short-term gains, but its price is highly volatile. As a privacy coin, it also faces regulatory uncertainties. Consider your risk tolerance and invest only what you can afford to lose.
The price of XRP is showing bullish signs of recovery as a bullish divergence continues to shape market momentum. After a week of steady buildup, XRP appears to be maintaining short-term upward pressure, hinting at a possible relief rally in the coming days.
Short-Term Resistance and Levels
On the daily chart, XRP is currently testing a critical resistance zone between $2.60 and $2.70. This range has acted as a strong ceiling for price movements, meaning that some hesitation could occur around these levels. However, a clean breakout above $2.70 may open the door for a move toward $2.87 as the next immediate target.
Beyond that, the next major resistance sits slightly above $3.00, around $3.10, which could mark the next decisive battle for momentum if the bullish structure holds.
Inverse Head and Shoulders Confirmed
XRP has just confirmed a short-term inverse head and shoulders pattern—a classic bullish reversal setup. The neckline for this pattern was around $2.50, and with price action now closing above it, this breakout technically activates a bullish target of around $2.88 to $2.90.
This means XRP could still climb roughly 10% higher from current levels if this pattern continues to play out. The move from the breakout point to the target area shows an overall possible gain of nearly 15%.
Bearish Structure Looms?
Despite this short-term gains, XRP remains within a broader bearish structure, still forming lower highs and lower lows on the daily timeframe. A sustained break above $2.70 followed by consistent trading above that level would be the first sign of a deeper trend shift.
For now, the bullish divergence continues to influence short-term momentum, and a brief upward phase may continue for the next few days or even a couple of weeks.
The XRP/BTC monthly chart has finally snapped the long diagonal that’s capped XRP since 2018, and one analyst on X thinks that shift could rewrite the pecking order. Posting under the handle X Finance Bull (XFB), the analyst argued that XRP will soon start to outperform Bitcoin.
This is because the XRP/BTC pair has not only broken out but also retested the trendline as support, and this has certified the start of a new buildup of momentum.
Retest Of A Six-Year Breakout Trendline
The mid-October flash crash that rippled through the crypto market left a visible mark on the XRP/BTC chart, creating a deep downward wick that momentarily dipped below the long-standing resistance trendline. However, as Bitcoin started to recover to above $110,000, XRP struggled to keep up and lost ground relative to Bitcoin.
Interestingly, price action shows that this move was short-lived, and XRP has started to recover against Bitcoin in recent trading sessions. As shown on the monthly candlestick timeframe chart below, the wick fell to the exact level of the breakout retest, a point where former resistance turned into new support.
This breakout occurred in late 2024/early 2025, when XRP outperformed Bitcoin for three consecutive months. From there, the XRP/Bitcoin pair was able to break out of a downward-sloping resistance trendline of lower highs spanning over six years.
Since then, however, 2025 has been characterized by more months of Bitcoin outperforming XRP than months of XRP outperforming Bitcoin, with October falling into the former group of months. Particularly, during the flash crash, the XRP/BTC pair plunged to around 0.000007 before rebounding almost immediately, a move that, according to XFB, represents the long-awaited retest of the broken trendline.
Since that retest, XRP has recovered impressively, with the pair maintaining a monthly close above the diagonal that once acted as a ceiling. This technical confirmation signals the completion of the breakout from the 2018 to 2024 downtrend that had defined XRP’s multi-year underperformance against Bitcoin. The monthly structure is now displaying the early signs of an upward shift, with the pair trading around 0.00002258 BTC.
XRP To Decouple And Outperform Bitcoin?
According to the analyst, XRP is about to undergo a rally that massively outperforms Bitcoin and melts the face of many Bitcoin maximalists. XFB’s chart outlines two target zones ahead for XRP: 0.00014688 BTC and 0.00023009 BTC. The first target corresponds to the consolidation area seen between 2018 and 2019, while the second represents a major resistance cluster from the earlier phase of XRP’s creation. If XRP/BTC rallies to those levels, it would amount to approximately a 6x and 10x gain relative to Bitcoin, respectively.
The analyst also connects the technical setup to Ripple’s growing institutional ecosystem. He pointed to Ripple Prime, GTreasury, Metaco, Standard Custody, and Rail as part of the infrastructure that’s setting up XRP as a bridge asset for global finance. These partnerships give XRP an edge heading into the coming months, as it moves into real institutional utility and starts outperforming Bitcoin.
If these developments continue, the incoming decoupling of the XRP/BTC pair could become one of the most significant events for XRP. At the time of writing, XRP is trading at $3.63, up by 3.5% in the past 24 hours.
Featured image from Unsplash, chart from TradingView
Ethereum’s largest non-exchange holders are tiptoeing back into accumulation. On-chain analytics platform Santiment reported that wallets holding between 100 and 10,000 ETH, also known as whales and sharks, have begun to rebuild positions after unloading roughly 1.36 million ETH between October 5 and 16.
Notably, the Ethereum collective holdings chart shows that nearly one-sixth of those coins have already been clawed back, as some confidence starts to return to the second-largest crypto asset.
Whales Reverse Course After Early-October Capitulation
The first half of October was highlighted by one of Ethereum’s most pronounced periods of capitulation this year. Macroeconomic fears due to US tariffs saw the Bitcoin price undergo a flash crash that dragged many altcoins to the downside. During this move, Ethereum’s price also fell very quickly, dropping from highs around $4,740 on October 7 to as low as $3,680 on October 11.
Interestingly, on-chain data shows that the selling pressure from large holders amplified this move, as the chart from Santiment shows a steep decline in their cumulative holdings from about 24.5 million ETH to roughly 22.6 million ETH. This 1.9 million ETH drop reflected clear risk-off behavior among whales and sharks, who had been net buyers since August.
However, once selling momentum began to fade, accumulation started to return. Institutional inflows started to return into Spot Ethereum ETFs, and whale/shark trades started accumulating Ethereum. Since October 16, the same cohort that contributed to the liquidation has begun adding back to their positions. Santiment noted that these holders are finally showing some signs of confidence, demonstrating an incoming extended recovery phase following the shakeout.
218,470 ETH Added In Last 7 Days
According to Santiment’s data, the collective holdings of addresses with 100 to 10,000 ETH have rebounded to approximately 23.05 million ETH after bottoming out in mid-October. A highlighted annotation on the chart shows that 218,470 ETH were accumulated in just the past week, signaling a tangible shift in on-chain behavior.
This increase represents roughly one-sixth of the coins previously dumped, a sign that major investors are gradually re-entering the market after what appeared to be an exhaustion phase. Similar accumulation trends have often preceded a broader recovery in Ethereum’s price, especially when accompanied by stabilization in the ETH/BTC trading pair.
As it stands, the Ethereum price appears to be building a firmer base for the next phase of its recovery heading into November. When whale wallets accumulate, it reduces the circulating supply available on exchanges and reduces selling pressure.
At the time of writing, Ethereum is trading at $3,940 and is on track to break and close above $4,000 again. Both Ethereum and Bitcoin have risen a bit in recent days after inflation report showed US inflation cooling to 3% in September, below the 3.1% forecasted by economists.
Featured image from Unsplash, chart from TradingView
Dogecoin’s higher-time-frame structure is starting to look constructive again. In a technical analysis posted on X, crypto analyst EtherNasyonaL noted that Dogecoin’s market cap has completed a build, and momentum is ready, pointing to a cup-and-handle breakout retest breakout on the monthly market-cap chart.
The chart he shared shows Dogecoin’s market cap hovering just under $30 billion, riding above its 25-month moving average with a gentle series of higher lows that has been developing since the 2022 bear market base.
Cup-And-Handle Breakout With A Convincing Retest
The chart shared by EtherNasyonaL looks at a cup-and-handle structure that has been developing on Dogecoin’s market cap chart for several years. The cup portion stretches across 2022 and 2023, a long and gradual recovery phase following Dogecoin’s blow-off peak in the 2021 bull market.
The handle is a narrowing consolidation under a descending resistance trendline that capped every attempt at recovery throughout the 2022/2023 bear market. Eventually, that resistance line was broken with a clean upward move in late 2024, confirming the first official breakout from the multi-year downtrend.
However, what makes this setup interesting is the successful retest of that same resistance line, now turned into support, where price action briefly dipped before bouncing again. This retest occurred mid-October, when the Dogecoin crashed to $0.15 very briefly.
The retest confirmed the breakout’s legitimacy, showing that Dogecoin traders defended the new support zone rather than allowing another breakdown. This kind of retest is known in technical analysis to lead to large directional moves, especially on higher timeframes where fewer false signals occur. EtherNasyonaL’s chart implies that Dogecoin has completed its build phase that lays the foundation for the next upward leg in its market cap.
Rising Bottoms And MA25 Support Strengthen Bullish Structure
Another important element of EtherNasyonaL’s analysis lies in the consistent pattern of higher lows visible on the chart. Dogecoin’s market cap has formed a rising base since mid-2023, where each correction has ended above the previous one.
Equally important is the 25-month moving average (MA25) that runs beneath the candles. This indicator has acted as a dynamic support level for much of Dogecoin’s higher-time-frame structure. EtherNasyonaL noted this indicator’s role as the trend backbone by pointing out that this support has “continued to hold the price.”
As it stands, Dogecoin is now trading well above this moving average. As long as the market cap remains above it, Dogecoin’s structure will continue to maintain its bullish integrity. Should momentum continue to build as the MACD line turns upward, as the chart suggests, the conditions could align for Dogecoin’s next expansion phase. The next expansion phase could take Dogecoin’s market cap above $100 billion, as projected in the chart above.
At the time of writing, Dogecoin is trading at $0.20, with a market cap of $29.82 billion.
Featured image from Unsplash, chart from TradingView
Crypto influencer Coach JV has reiterated his long-term faith in XRP and other digital assets, saying the current moment marks “the greatest shift in humanity.”
According to his post on X, he updated a ranked list of his top holdings and urged patience, arguing that the next five years will reshape how money moves and how families hold wealth.
Analyst’s Updated Holdings
His current ranking places XRP first, followed by Bitcoin, Solana (SOL), Stellar (XLM), WLFI, Hedera (HBAR), and VeChain (VET). He said he favors assets with real-world use and lasting value over quick trades.
Reports have disclosed that WLFI — the token tied to the Trump family’s World Liberty Financial — has not rallied since its September launch and is down about 71% from its peak on September 1.
Still, Coach JV wrote that WLFI is “making moves up [his] ranking,” signaling increased confidence in the token despite its recent drop.
My top holding have adjusted a bit.
In order (just my journey do you)
XRP
BITCOIN
SOL
XLM
WLFI (making moves up my ranking)
HBAR
VET
Coach JV argued that XRP’s fixed supply, speed, and scalability make it useful for cross-border payments. He has described XRP and Bitcoin as stores of family wealth.
He told followers that fiat currency loses buying power over time and that crypto can help preserve purchasing power across generations.
Coach JV also predicted that by 2030 he will look back and see early conviction rewarded. He went further, saying he expects XRP to surpass Bitcoin and Ethereum to become the top cryptocurrency by 2030 and that Ripple could act like a future bank.
Community Response And Timing
Meanwhile, reports have highlighted renewed optimism in the XRP community after pro-XRP engineer Vincent Van Code posted that “we might see some big announcements in favor of XRP.”
Van Code suggested such news could come as soon as the US government reopens. Concerns over regulatory delays have been raised elsewhere; several observers say a temporary US shutdown slowed progress on approvals for an XRP exchange-traded fund and other regulatory milestones. Those delays are often cited as reasons why some market-moving updates remain pending.
Boy wait til the government reopens again soon. We might see some big announcements in favor of XRP.
Market figures underline that conviction does not equal short-term gains. WLFI’s fall of about 71% from its peak on September 1 is a sharp example. Price moves like that were recorded after the token’s September debut.
Investors quoted in social posts have pushed back, reminding followers that publicity and social confidence do not guarantee future returns.
Outlook And Advice
According to Coach JV, patience is central: he told his audience to think in decades, not days, and wrote, “Looking forward to coming back to this in 2030.”
That view is shared by some supporters, while others urge caution and point to clear losses in tokens like WLFI as reasons to manage risk.
For now, Coach JV’s stance is public and firm, and it has sparked renewed debate about what role XRP and related projects will play in mainstream finance over the coming years.
Featured image from Unsplash, chart from TradingView
The first U.S. exchange-traded fund offering spot exposure to XRP has crossed $100 million in assets under management.
According to issuer REX Osprey, the REX-Osprey XRP ETF (ticker: XRPR) reached the threshold barely a month after its launch on September 18. The fund gives investors direct exposure to XRP, now the fourth-largest cryptocurrency by market capitalization.
The U.S. Securities and Exchange Commission (SEC) has postponed decisions on at least six other spot XRP ETF applications due to a recent government shutdown. That delay has effectively made XRPR the benchmark for gauging American market appetite for the token.
A Tale of Two Markets
While XRPR continues to attract strong inflows, Brazil’s Hashdex NASDAQ XRP ETF, which launched earlier, holds about 282 million Brazilian reals, roughly $52 million in assets. The contrast shows how quickly U.S. markets have embraced regulated XRP exposure once available.
Market analysts say the ETF’s success shows a mix of rising confidence in digital assets and the growing desire for regulated onramps. Many investors prefer ETFs over direct holdings for compliance and custody reasons, particularly when navigating complex U.S. tax and securities rules.
Institutional Activity Expands
Beyond ETFs, institutional activity around XRP is accelerating. CME Group recently expanded its XRP offerings by introducing XRP options, following the strong performance of its XRP futures market. Since launching in May, CME has reported over 567,000 XRP futures contracts traded, representing $26.9 billion in notional volume.
Corporates Join the XRP Play
The corporate side of the market is also shifting. Evernorth, a new treasury and liquidity management firm preparing for a NASDAQ listing, recently announced plans to hold XRP as a core reserve asset. The decision reflects a broader institutional move toward diversification across digital currencies that can support cross-border payments and liquidity management.
Broader crypto sentiment remains firm. The crypto market is quietly climbing again. Total value now sits around $3.84 trillion, up about 2% in a day. Bitcoin ($BTC) is trading near $113,000, while Ethereum ($ETH) has crossed $4,000. XRP ($XRP) is showing some strength at $2.64, up more than 11% this week.
The global cryptocurrency market climbed on Saturday after the United States and China reached an early framework agreement on trade issues. The announcement followed what officials described as “successful” talks, lifting the total crypto market cap to $3.83 trillion, up 1.77% in the last 24 hours.
The breakthrough came during President Donald Trump’s first Asian tour of his second term. He signed a trade deal and a critical minerals pact with Malaysia, while also overseeing a peace declaration between Thailand and Cambodia. Meanwhile, China agreed to delay rare earth export controls by one year and is reportedly ready to move toward a formal trade deal that would remove Trump’s 100% tariff threat.
U.S. President Trump has begun his first Asian tour of his second term, with the US and China reaching a trade framework ahead of the Trump-Xi meeting. Trump signed a trade deal and a critical minerals pact with Malaysia, while also overseeing a peace declaration between Thailand… pic.twitter.com/tiVXtfMOqz
Economists say the decision has eased one of the biggest global supply chain risks, giving financial markets a clearer path heading into year-end.
Bitcoin Holds Strong Above $113,000
Bitcoin (BTC) traded near $113,367, up 1.59% over the past 24 hours. Market volume remained relatively low at $23 billion, which analysts view as typical ahead of the FOMC meeting scheduled for next week.
Despite quieter weekend trading, Bitcoin continues to show strength above key support levels. The asset has reclaimed its value area low from July, signaling that buyers remain in control. Analysts expect a temporary dip below $110,000 before a move toward $114,000 and possibly $116,000–$117,000 if momentum stays intact.
Ethereum (ETH) rose to $4,049, up 2.7% over the past day and XRP maintained its recent momentum, jumping to $2.64 after an 11% gain this week. Other leading tokens also advanced. BNB traded at $1,134, Solana (SOL) climbed to $197.70, Cardano (ADA) reached $0.67, and Dogecoin (DOGE) rose to $0.20.
Bitcoin has confirmed a breakout above $111,000, showing strength after several weeks of sideways movement. The move comes as inflation data in the United States came in slightly better than expected, lifting both stocks and digital assets.
Inflation Eases, Stocks Push Higher
The latest consumer price index report showed a 3 percent annual rise, slightly below the expected 3.1 percent. That small difference gave a mild boost to markets, with the S&P 500 moving closer to record highs.
Bitcoin often moves in line with major stock indexes, and the broader uptrend in equities continues to support a positive tone across digital assets. Historically, Bitcoin has not entered a deep downturn while U.S. stocks have been reaching new highs.
Momentum Builds but Resistance Ahead
Bitcoin remains in a larger upward trend on the weekly chart. The super trend indicator continues to show green, pointing to an active bull phase. Even so, a loss of momentum is visible, which could keep prices moving sideways for several weeks.
The latest daily candle closed at around $111,000, above the previous ceiling near $110,000. Holding above this level is now important. If the price slips below, the recent breakout could fade. If it stays above, the next area to watch sits between $114,000 and $116,000, where earlier selling took place.
Market Liquidity Maps Out Next Steps
Heat map data shows a buildup of activity above the current price, mainly around $114,000 and $116,000. These zones may pull the market higher as positions unwind. Still, movement could slow within this range, as past reactions often reappear near the same levels.
Short bursts upward or small pullbacks are both likely during this phase. Overall, this type of movement signals a market cooling off before setting a new direction.
Outlook for the Weeks Ahead
The broader picture remains favorable. Inflation is steady, equity markets are firm, and digital assets continue to attract fresh interest.
Bitcoin could stay rangebound between $110,000 and $116,000 before building strength for a larger advance. A clean move above $116,000 would open room for further gains, while slipping under $110,000 would likely bring another short-term correction.
President Donald Trump’s choice of Mike Selig to lead the U.S. Commodity Futures Trading Commission (CFTC) has drawn praise across the financial sector and the crypto community, especially among Ripple and XRP supporters.
Selig, a lawyer and former CFTC official, is known for his detailed analysis of digital asset regulation. In a post on X, he said he was “honored to be nominated by President Trump to serve as the 16th Chairman of the CFTC” and pledged to promote competition, innovation, and what he called “a Great Golden Age for America’s financial markets.”
David Sacks called Selig “an excellent choice” and opened up about his balance of experience in traditional markets and digital finance. “He is passionate about modernizing our regulatory approach to maintain America’s competitiveness in the digital asset era,” Sacks wrote.
Selig previously served as Chief Counsel of the SEC’s Crypto Task Force and worked at the CFTC under former Chairman Chris Giancarlo, who was one of the earliest regulators to recognize the potential of blockchain technology in financial markets.
A Familiar Name to XRP Supporters
While the nomination has been widely praised as a win for regulatory clarity, XRP supporters quickly noticed Selig’s past commentary on the SEC vs. Ripple case. He was among the few legal experts who analyzed the lawsuit in depth and discussed its long-term impact on crypto law.
In July 2023, after Judge Analisa Torres issued her decision, Selig wrote that it was a “massive win by the Ripple team against the SEC.” He explained that the ruling made an important distinction. The investment contract can be a security, but the crypto asset itself is not.
President Trump’s Pick of Mike Selig: A Win for Crypto Innovation, Insight, Ready Regulation
Later, Selig clarified, “Judge Torres held that XRP itself is not a security, but it can be sold as part of a security. XRP itself is simply computer code. A fungible commodity, like gold or whiskey.”
His perspective aligned with many in the XRP community who viewed the decision as a step toward clear and fair classification of digital assets.
New reports reveal that United States President Donald Trump has picked pro-crypto Michael Selig as the new chair nominee for the Commodity Futures Trading Commission. The CFTC’s role involves overseeing the futures, options, and crypto markets, ensuring these industries operate fairly and transparently while protecting participants from fraud and manipulation. With Selig being a widely recognized crypto supporter, this move by Trump could significantly impact the regulatory landscape of digital assets.
Trump Nominates Pro-Crypto Selig As CFTC Chair
According to a Bloomberg report on October 24, Trump selected Selig to chair the CFTC, sending his nominations to the Senate for confirmation hearings. Selig currently serves as the Chief Counsel for the Crypto Task Force and Senior Advisor to the Chairman of the US Securities and Exchange Commission, Paul S. Atkins.
Notably, Selig had also worked as a partner specializing in crypto at the law firm Willkie Farr & Gallagher. His career has been closely aligned with the cryptocurrency industry, while harmonizing regulatory strategies for the SEC and the CFTC across both traditional and digital finance sectors.
If his nomination is confirmed, Selig would lead the CFTC at a crucial moment, as Congress considers bills that could significantly expand the agency’s oversight and authority of the crypto and digital asset markets. Interestingly, this is not the first time Trump has nominated a candidate for the chair position of the CFTC.
Selig’s nomination marks the second attempt to fill the role. Trump previously chose Brian Quintenz, the former commissioner of the CFTC and a previous Head of Policy at venture capital firm Andreessen Horowitz (a16z). However, Quintenz was withdrawn from consideration after concerns over potential conflicts of interest were raised by prominent industry figures, including Gemini founders Tyler and Cameron Winklevoss.
Crypto Community Reacts To Selig’s Nomination
The crypto community has largely welcomed Selig’s nomination as the CFTC Chair, viewing it as a potential turning point for regulatory clarity in the crypto sector. Chris Dixon, a managing partner at Andreessen Horowitz, emphasized the timing of the nomination as crucial for the passage of market structure legislation, noting that Selig’s leadership could provide clear, actionable rules for developers and consumers alike.
Kristin Smith, the President of the Solana Institute, praised Selig as an “outstanding choice” whose expertise in the cryptocurrency and regulatory sectors could strengthen coordination between the US SEC and the CFTC. Moreover, she believes that as the next chair of the CFTC, Selig could foster a pro-crypto innovation-friendly environment in the US.
Other members of the crypto community echoed similar positive sentiments, with some expressing optimism that Selig’s leadership could be bullish for the crypto market. Many expect his tenure to coincide with a more streamlined and supportive regulatory framework, which could potentially accelerate adoption and innovation within the digital asset industry.
Featured image from Getty Images, chart from TradingView
For years, XRP has lived in the shadow of Bitcoin and Ethereum, often labeled the “bankers’ coin” and dismissed by many in traditional finance. Yet, something is changing beneath the surface. The same institutions that once mocked or ignored it are now quietly preparing to embrace it.
When the United States approved spot Bitcoin ETFs earlier this year, some of the loudest voices cheering the decision came from firms that had long been skeptical of crypto. Asset managers that once warned investors away from Bitcoin are now earning fees from it. Many analysts believe the same playbook will soon unfold for XRP.
One analyst said that once companies like BlackRock and Fidelity can profit directly from an XRP product, the tone will shift. The same firms that spent years on the sidelines will begin talking about the advantages of the XRP Ledger: fast settlement, scalability, and low cost. They will frame it as part of the next evolution of digital payments and decentralized finance.
The retail mindset and the numbers behind it
This shift may align with how new investors already think about value. The psychology is simple: people like owning more units of something. The average person compares numbers, not market caps.
As the analyst explained, a retail investor with $1,000 faces a choice — buy one percent of a Bitcoin or 350 XRP. The math shapes the story. Bitcoin’s market cap sits near $2.5 trillion, while XRP hovers around $180 billion. The gap suggests larger room to grow. Whether or not that logic is perfect, it has real influence on how new money flows into the market.
A changing narrative inside Ripple’s world
For a long time, critics argued that Ripple, the company behind XRP, cared more about its own success than the open-source ledger itself. That narrative is fading.
Ripple’s co-founder and chief technologist, David Schwartz, recently shifted into a new role focused entirely on building decentralized finance applications on the XRP Ledger. The initiative is backed by a $1 billion fund. His move underscores a clear message: development on the ledger, not just corporate adoption, is now a central focus.
That pivot could reshape how the ecosystem grows. Developers are expected to build new DeFi platforms, liquidity tools, and on-chain applications that bring utility back to the token.
Direct buying and a potential supply squeeze
There’s also a new twist in how major players plan to accumulate XRP. Instead of arranging private over-the-counter deals, they’re buying directly from exchanges, the same way retail investors do.
This detail matters. Buying on public markets puts direct pressure on liquidity. More demand chasing the same supply can create what traders call a “supply shock.” If this continues, it could shift the price dynamic in ways not seen before.
The Ethereum price prediction 2025 narrative is becoming increasingly bullish as 2026 is only a few months away. This optimism is largely due to a significant shift in institutional demand from Bitcoin to Ethereum. With Ethereum ETFs now surpassing Bitcoin ETFs in quarterly inflows and whale accumulation returning, ETH is showing renewed momentum heading into the final months of the year.
Institutional Rotation Redefines ETF Landscape
In the $3.76 trillion global cryptocurrency sector, Bitcoin and Ethereum together account for over 70% of the market. However, recent ETF data indicates a shift in institutional sentiment.
Bitcoin ETFs, which previously attracted over $30 billion from late 2024 to mid-2025, saw inflows decline to just $8 billion in the third quarter of 2025.
In contrast, Ethereum ETFs experienced a surge in popularity, reaching $9 billion in inflows during the same quarter. This marks their strongest quarter yet and the first time that ETH has outpaced BTC in ETF demand.
While it’s too early to say whether this shift could indicate a change in dominance, it’s clear that Ethereum is evolving, but BTC still holds the biggest share.
Moreover, XWIN Research Japan highlighted this trend in ETFs as a significant shift in investment strategy among institutional investors. They also mentioned that the Ethereum fund holdings have doubled in 2025, reaching 6.8 million ETH by October, which confirms sustained accumulation.
Even during market pullbacks, fund volumes have continued to grow, reflecting long-term confidence rather than short-term speculation.
Ethereum Gains Ground Amid Bitcoin’s ETF Slowdown
While Bitcoin ETFs dominated early 2025, their inflows have turned more volatile as institutions rebalance. The Ethereum ETF momentum, however, underscores a structural shift as investors are now prioritising assets offering yield through staking and exposure to on-chain innovation.
This shift suggests that professional investors are moving from simple store-of-value strategies toward protocols with real-world utility and income potential. If this pattern persists into Q4 2025, Ethereum could soon redefine portfolio allocations across the digital asset market, setting a new benchmark for institutional exposure.
Whales Return as On-Chain Confidence Builds
Beyond ETF inflows, Ethereum on-chain data indicate renewed accumulation by whales and sharks. After dumping roughly 1.36 million ETH between October 5 and 16, wallets holding between 100 and 10,000 ETH have begun rebuying, accumulating about 218,470 ETH in the past week.
This rebound in accumulation signals recovering confidence among large holders. Historically, similar patterns have preceded multi-month rallies, as these participants tend to buy during periods of structural lows.
Ethereum Price Prediction 2025 Technical Setup: ETH Eyes $5,600 if Support Holds
Technically, the Ethereum price chart supports the bullish case. Ethereum price today trades near $3,950, holding strong above the $3,670 to $3,870 support range, a zone that has flipped from resistance to key support in the final quarter of this year.
This level also aligns with the midline of a long-term ascending channel that has defined ETH’s broader uptrend since 2023. If this support continues to hold, the Ethereum price forecast 2025 anticipates a move toward $5,600, which coincides with the upper channel resistance, implying nearly 40% upside before the year’s end.
The U.S.-China trade tensions are showing signs of easing following high-level economic talks in Kuala Lumpur. Investors are now eyeing potential catalysts that could drive the next wave of market momentum.
U.S. and China Hold Constructive Trade Talks
On Saturday, Chinese and U.S. delegations met to discuss trade and economic issues. The talks were described to be constructive and are expected to continue tomorrow.
The meeting marks the latest effort to ease the tensions between the U.S. and China after months of tariffs and countermeasures. This is also aimed at laying the groundwork for a meeting between Xi and President Trump on Thursday during the Asia-Pacific Economic Cooperation summit in South Korea.
The White House recently confirmed that Trump and Xi will meet later this month in Washington, their first in-person meeting since Trump returned to office. Trump said he and Xi have plenty to discuss and expects both sides to compromise.
“They have to make concessions. I guess we would too. We’re at 157% tariff for them. I don’t think that’s sustainable for them, and they want to get that down, and we want certain things from them,” he said.
Trump POSITIVE about upcoming Xi talks
'They have to make concessions, I guess we would too'
Bloomberg reports that, Trump has said he is willing to keep higher tariffs on Chinese goods on hold if Xi agrees to resume buying U.S. soybeans, crack down on fentanyl, and ease restrictions on rare-earth exports.
Earlier this month, he criticized Beijing’s plan to expand controls on rare-earth elements, raising the prospect of imposing steep tariffs on Chinese goods and even canceling his first meeting with Xi.
The trade truce is set to expire on Nov. 10 unless extended. Meanwhile, the recent weeks have seen tensions flare between the U.S. and China. The new U.S. restrictions on Chinese ships and tariffs have shaken up the relationship. China responded with similar measures, tightening export controls on rare earths and other key materials.
Experts say that the U.S. and China must resolve disputes over tech export curbs and rare earth controls, key leverage for China. While a deal could ease the tensions, failure to compromise could lead to a sharper escalation.
Will a US-China Deal Spark the Next Market Rally?
Recent developments in the trade talks have been closely watched by global markets. Investor Ted Pillows notes that the latest CPI report met expectations, giving a small boost to markets. Stocks surged to new highs, but cryptocurrencies like Bitcoin continue to struggle, drifting lower despite the rally in equities.
He also notes that with the probability of an interest rate cut now at 98%, traders have likely already priced in that policy shift. This raises the question of what could drive the next major move in markets — whether it’s a breakthrough in U.S.-China trade negotiations, a new round of quantitative easing (QE), or some other major catalyst.
Binance founder CZ announced Kyrgyzstan has created a national cryptocurrency reserve featuring BNB. The Central Asian nation launched its national stablecoin on BNB Chain with a CBDC ready for government use. As advisor to Kyrgyzstan’s National Crypto Council, CZ recommended Bitcoin and BNB as core assets, using the country’s hydroelectric power for green mining. Binance partnered with 10 universities for blockchain education and localized its app in Kyrgyz. This positions Kyrgyzstan as an emerging sustainable crypto hub.
Tether, the company behind the world’s largest stablecoin USDT, is seeing rapid growth and attracting significant investor interest. With profits soaring and investors knocking at its door, CEO Paolo Ardoino is hinting at exciting plans ahead.
Here’s a look.
Tether’s Profits Near $15 Billion
According to a report from Bloomberg, Tether is on track to make nearly $15 billion in profit this year, up from $13 billion last year. “This year we’re going to approach another $15 billion profit. That’s very rare,” Ardoino said.
The stablecoin issuer is also in talks to raise up to $20 billion for a 3% stake, which would value the company at around $500 billion. Ardoino says the company has been approached by “an enormous number” of firms looking to invest. However, “We have to draw a line in the sand on a valuation that we think is very cheap,” he said.
He also highlighted the company’s staggering profitability, noting its 99% profit margin, and said that it is unmatched by any other company in the world.
Tether Targets U.S. with Stablecoin USAT
Meanwhile, the stablecoin giant is also gearing up to expand its reach in the U.S. with a new stablecoin called USAT, aiming to serve up to 100 million American users and will comply with federal regulations under the GENIUS Act.
It is scheduled to launch this December and will be issued by Tether America, a joint venture between Tether and Anchorage Digital.
A major part of Tether’s plan to roll out USAT involves Rumble (RUM), the video-sharing platform Tether invested $775 million in last year, and its upcoming crypto wallet. The company also plans to invest in two to three more platforms, likely social media or content sites, to grow its user base to 100 million.
Its goal is to create a professional, digital payment system for the U.S., capable of competing with PayPal, while leveraging Tether’s existing audience.
Dual Role of USDT, USAT
Ardoino explained the dual role of USDT and USAT. He highlighted that USDT serves as the digital dollar for emerging markets, reaching nearly 500 million people across Africa, Latin America, and Southeast Asia, and providing financial access to the unbanked and underserved.
USAT, on the other hand, is for the U.S. market, compliant with domestic regulations, and aimed at expanding financial services to underserved American communities.
Tether recently hit 500 million users for the first time. Ardoino called it “likely the biggest financial inclusion achievement in history,” highlighting the scale of the milestone.
Tether USDT reached officially 500 million users! Likely the biggest financial inclusion achievement in history. https://t.co/jbmnMDwidi
Following speculation regarding a potential return, Changpeng Zhao, known as CZ, the co-founder and former CEO of Binance, has sparked discussions about the implications of his recent presidential pardon for the exchange’s operations in the United States.
Will CZ Reclaim His CEO Position At Binance?
Industry observers suggest that this major development for CZ and Binance as a whole could pave the way for Zhao to resume leadership roles and consolidate Binance’s US operations.
According to Bloomberg, the company is exploring several options, including the possibility of integrating Binance.US into its global operations or having its global exchange enter the US market, as indicated by a source familiar with the matter.
“This cycle is largely being driven by U.S. institutional investors and investment products, and that’s precisely where Binance can now shift its focus,” stated Markus Thielen, CEO of 10x Research.
He added that the US affiliate will likely be reintegrated into Binance’s global ecosystem, providing US investors with direct access to the platform’s “deep liquidity and comprehensive derivatives offerings.”
Attention is now focused on whether Zhao will attempt to reclaim the CEO role he previously stepped away from. In recent weeks, he updated his profile on social media platform X from “ex-Binance” to simply “@Binance,” a subtle change that has fueled speculation about his intentions.
However, not everyone believes Zhao is eager to return as CEO. David Namdar, who manages a BNB treasury company backed by Zhao’s family office, commented, “I think he is operating with more of a weight off his shoulders not running the exchange. I’d be surprised if he stepped back into that role.”
Industry Leaders Predict Increased Involvement
Patrick Horsman, chief investment officer of digital asset treasury (DAT) firm Applied DNA Sciences, which invests in Binance Coin (BNB), emphasized that Binance’s technology, liquidity, and relatively low fees could position it as a dominant player in the American crypto market.
However, Bloomberg highlights that the pardon may not only enhance Zhao’s personal prospects but also unlock new opportunities for Binance’s global expansion.
Notably, the firm holds minority stakes in affiliates throughout Asia, including Thailand and Malaysia, where regulatory frameworks impose ownership suitability tests on major shareholders.
“A criminal conviction can pose a barrier for any individual seeking a beneficial ownership stake in a regulated or listed company,” explained Chris Holland, a partner at HM, a consulting firm based in Singapore.
Cosmo Jiang, general partner at Pantera, anticipates that Zhao will become “more involved with Binance’s operations” now that he has received a pardon. “Whenever a founder returns to a company, it’s always an invigorating moment; you typically see more growth and better execution,” he noted.
Featured image from DALL-E, chart from TradingView.com
Pantera Capital founder and CEO Dan Morehead argues the core driver of this cycle remains the same “one trade” uniting macro and crypto: fiat debasement pushing capital into scarce, higher-beta assets. In a wide-ranging conversation with Real Vision’s Raoul Pal, the pair frame the current rally—and what comes next—through the lens of policy error, structural deficits, sticky inflation, and the slow-rolling migration of institutional and sovereign portfolios into digital assets.
The Debasement Trade Powers The Crypto Bull Run
Morehead’s starting point is blunt: “We have full employment. Inflation is debasing our assets by 3% a year… and they’re cutting rates. Like, it’s crazy.” He calls 2020–2021 “a policy error”—“there was a time where inflation was 8%, and the Fed Funds rate was zero”—and says easing into today’s backdrop “when everything’s booming” undermines the monetary check on “record fiscal deficits.” The consequence, he argues, is that price levels across real assets look high not because they are rallying independently, but because the denominator is falling: “It’s the price of paper money that’s plummeting.”
Pal extends the frame to a single macro factor. “We use [Global Macro Investor’s] total global liquidity index as our benchmark for debasement. The Nasdaq, since 2012, has a 97.5% correlation, and Bitcoin is about 90%.” In his words, “None of it matters. It’s all one trade.” The implication is a regime where liquidity and debasement overwhelm the usual cross-asset nuance: “It’s the greatest macro trade of all time.”
That regime, in Morehead’s view, also explains why adoption keeps broadening. The pair note how the “debasement trade” has migrated from crypto-native circles into bank research. “JP Morgan’s talking about it. And I got an email from Goldman today, the debasement trade,” Morehead says. “I’ve been talking about it for 12 years.” Pal adds that even large banks “openly” talk about currency debasement now, while clients are being offered wider access to crypto exposure.
The wedge, they contend, remains institutional under-allocation. “How can you have a bubble nobody owns?” Morehead asks. “The median institutional investor’s exposure to crypto and blockchain ventures is literally 0.0.” Asked where steady-state allocation could land, he points to “8 or 10” percent over time, echoing Pal’s observation that many family offices that start at 2% “end up being 20% really fast” as price action mechanically increases weightings and conviction follows.
Morehead also sees policy politics and geopolitics accelerating adoption. He argues the US election reset a regulatory headwind—“we went from… aggressively negative… to being extremely positive”—unlocking public pensions and sovereign funds that “got scared away in 2022” after the FTX/Luna/Celsius cascade and high-profile enforcement cases.
He goes further, sketching a sovereign “arms race” for reserve Bitcoin: US holdings via seizures, “roughly the same” in China, and GCC states “aggressively getting into the blockchain space,” with room for acquisitions “tiny compared to balance sheets.” In his phrasing, if multiple blocs each target million-coin stockpiles, supply dynamics could “squeeze up like a watermelon seed.”
Why This Crypto Bull Run Extends Into 2026
If liquidity and adoption anchor the bull case, both still respect crypto’s cyclicality. Morehead has modeled four-year dynamics around halvings and says Pantera’s prior cycle targets hit with eerie precision: “We forecast… Bitcoin would hit $118,542 on August 11th, 2025. And it did… one day [early].” He also notes past peaks coincided with celebratory “events”—the 2017 CME futures listing and 2021 Coinbase direct listing—followed by ~85% drawdowns.
Yet he argues “this time” may be meaningfully extended by the policy and allocation backdrop: “The regulatory changes in the US, I think just trump everything… I think the next six to 12 months are still a big rally.” Pal, while acknowledging the internet’s penchant for hanging forecasters, concurs: “I think it’s going to extend.”
The social dimension of adoption runs through the conversation. Debasement’s distributional effects have made housing and rents the stickiest CPI components—“35% of [core CPI] is shelter,” Morehead says—pushing younger cohorts toward hard assets. Meanwhile, the “virality rate of crypto is like 95%,” he claims: “you get a smart person… to think about it for an hour, they’re all like, ‘Oh yeah, I should buy some crypto.’”
Evangelists matter, too: “Michael Saylor has done a great job. He has Messianic following… Tom Lee [on ETH]… We’re gonna endeavor to do that on Solana.” Visibility through ETFs, DATs, and media segments pulls newcomers into the funnel, where small initial slices tend to scale. As Pal puts it, investors who lack exposure feel “like you’re short the upside calls.”
I love it when technology, crypto, and macro come together in someone’s journey… and there’s no one better than my dear friend @dan_pantera, an OG in the space! Please enjoy pic.twitter.com/ShZAd2tB3u
For all the optimism, the macro warning lights stay on in the background: structural US deficits “literally in the best of times,” a monetary-fiscal loop trapped between refinancing needs and price stability, and a demographic drag on productivity that leaves AI-driven gains still ahead of the curve. “Debasing your fiat currency against everybody else’s fiat currency is a race to the bottom,” Morehead cautions. In that world, gold and crypto function as life rafts: “That’s why everything’s at record prices… except for paper money.”
Both men close by zooming out. The internet is “53 years old and they’re still doing cool internet companies,” Morehead says; Bitcoin turning 17 means the asset class remains a teenager. The majority of institutions “still have 0.0” exposure. If the “one trade” persists—liquidity up, fiat down, adoption rising—then the path of least resistance, in their telling, still points higher.
Or as Morehead compresses the thesis into a single line: “If you hold crypto for four or five years, I think it’s like 90% that you make money… It is that simple.”
At press time, the total crypto market cap stood at $3.7 trillion.
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