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Today — 28 October 2025Main stream

Bitcoin And Crypto Market Set To Bounce As Rate Cut Probabilities Touch 98.3%

28 October 2025 at 14:30

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.

Fed FOMC

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.

Bitcoin price chart from Tradingview.com (crypto)

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

28 October 2025 at 13:00

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. 

Crypto

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

China Intensifies Crypto Crackdown With Latest Warning Against Stablecoins

28 October 2025 at 11:00

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.

Crypto

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

Yesterday — 27 October 2025Main stream

100% Of Bitcoin Bull Market Peak Indicators Remain Untouched, Is There Still Room To Run?

27 October 2025 at 11:00

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.

Bitcoin bull market peak indicator 1

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.

Bitcoin price chart from Tradingview.com

Zcash price jumps over 30% in a day as Arthur Hayes eyes $10K target

27 October 2025 at 12:15
Privacy-based coin ZCash posted double-digit gains in one day as BitMex co-founder posts bullish price prediction.  Zcash price has increased by about 30% in the past 24 hours, reaching an intraday high of $374.74. At press time, the cryptocurrency has…

XRP/BTC Retests Six-Year Breakout Trendline, Analyst Calls For A Decoupling

27 October 2025 at 01:00

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.

XRP/Bitcoin 1M chart. Source: @Xfinancebull

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

Before yesterdayMain stream

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

26 October 2025 at 21:00

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. 

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

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

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

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 Market Cap Tests Multi-Year Ceiling, Long-Term Momentum Still Intact

26 October 2025 at 17:30

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.

Dogecoin Market Cap. Source: @EtherNasyonaL on X

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

XRP: The Catalyst For ‘Humanity’s Greatest Shift’ By 2030 —Analyst

26 October 2025 at 11:30

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

This is the greatest shift in humanity.

Looking forward to coming back to this in 2030.

— Coach, JV (@Coachjv_) October 24, 2025

XRP As A Core Holding

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.

— Vincent Van Code (@vincent_vancode) October 24, 2025

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

Trump To Install New Pro-Crypto CFTC Chair? Here’s What We Know So Far

26 October 2025 at 03:00

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

Bitcoin Liquidity Hits Seven-Year Low As Accumulators Stack 373,700 BTC In A Month

25 October 2025 at 12:00

Bitcoin (BTC) liquidity is drying up fast, as the metric recently hit a seven-year low, reaching around 3.12 million BTC, the lowest level since 2018. This occurred as BTC continued to trade below the 99-day Moving Average (MA), located around $112,086.

Bitcoin Liquidity Dries Up Amid High Demand

According to a CryptoQuant Quicktake post by contributor Arab Chain, Bitcoin’s sell-side liquidity is drying up at a rapid pace, recently hitting a seven-year low at 3.12 million BTC.

As BTC’s supply tumbles sharply, the cryptocurrency is trading in the low $110,000 range, indicating a delicate balance between falling active circulating supply and growing institutional demand.

Latest on-chain data shows that demand for BTC from long-term holders’ addresses has been steadily rising. Over the past 30 days, long-term investors have accumulated 373,700 BTC. 

bitcoin

Long-term investors accumulating BTC during the latest dip shows that there is sufficient market demand for the flagship cryptocurrency despite a volatile crypto market. Arab Chain remarked that the market is currently in a “quiet accumulation” phase ahead of a potential breakout.

The CryptoQuant analyst emphasized that the Liquidity Inventory Ratio (LIR) has crashed to around 8.3 months, suggesting that current market liquidity covers less than nine months’ worth of demand – confirming the rapid depletion in BTC’s sellable supply.

For the uninitiated, the LIR measures the balance between available liquidity and active trading demand in the market, showing whether market makers are providing sufficient depth relative to recent trade volume. A high LIR suggests ample liquidity and stable price movement, while a low LIR indicates thinner order books and higher vulnerability to volatility or slippage.

The medium-term outlook for BTC looks bullish, due to a combination of declining liquidity and growing demand from institutional and long-term investors. Arab Chain added:

If this trend continues through the end of the fourth quarter, Bitcoin’s price could surpass $115,000, especially if accompanied by rising buying flows from US investment funds and ETFs, supporting the continuation of the current bullish trend.

BTC Top Not In Yet

While some analysts predict that BTC may have already peaked this market cycle, others are confident that the top cryptocurrency is yet to hit its cycle high. Recent on-chain data indicates that BTC NVT Golden Cross is yet to enter the territory that marked previous cycle tops.

Similarly, fellow CryptoQuant analyst PelinayPA predicted that there is a 55% chance that Bitcoin has not yet topped for the current market cycle. At press time, BTC trades at $111,295, up 2.1% in the past 24 hours.

bitcoin

A Look At Coinbase’s Ongoing Shopping Spree

24 October 2025 at 20:32

Coinbase has been on a buying spree.

On Oct. 21, the publicly traded crypto exchange announced that it is acquiring early-stage investing platform Echo for $375 million in cash and equity.

Notably, the acquisition marked the eighth buy for the San Francisco-based company in 2025 so far, according to The Wall Street Journal. Of those eight deals, three involved undisclosed businesses.

Overall, since its 2012 inception, Coinbase has acquired dozens of companies, per Crunchbase data. Besides Echo, it announced purchases of the following startups in 2025:

  • In January, it acquired Stryk, the Cyprus-based unit of BUX, as part of a European expansion. Stryk offers CFD trading services to European residents through an app. Financial terms were not disclosed
  • Also in January, Coinbase picked up Spindl, a 3-year-old San Francisco-based startup that developed a blockchain-based attribution system to help businesses accelerate user growth.
  • In May, it acquired Deribit, a 10-year-old cryptocurrency derivatives exchange offering options, futures and spot trading for digital assets based in the Netherlands.
  • Then in July, Coinbase acquired Liquifi, a 4-year-old San Francisco-based startup that helps crypto companies automate their token vesting and lockups, and manage their token cap table. Liquifi was a self-described “Carta for crypto.”
  • Now it has announced plans to buy Echo, an onchain digital platform that helps communities invest together and aims to give founders more options for their cap table.

Coinbase’s buying sprees seem to come in spurts, according to the data.

Crypto’s crash and recovery

For example, in 2018, it acquired eight known companies. And then in 2021, it picked up seven known companies. But most years, it acquired only one or two companies.

Interestingly, 2018 was defined by what has been described as the “Great Crypto Crash,” or a massive market sell-off after the boom that took place in 2017. Things had rebounded by 2021, which saw a bull market for crypto and the rise of NFTs and DeFi. That November, Bitcoin hit an all-time high of $68,000.

After a bumpy few years, which saw the arrests of FTX founder Sam Bankman-Fried and Binance CEO and founder Changpeng Zhao, Bitcoin has rebounded, surging to an all-time high in 2025. Prices reached $113,156.57 on Oct. 15.

In announcing its plan to acquire Echo, Coinbase said the two companies shared a similar mission of “democratizing early-stage investing, so that more people can support the next generation of breakthrough companies.”

The buy complemented its earlier acquisition of Liquifi, Coinbase said, noting that: “While Liquifi strengthened our ability to support builders at the start of their journey, Echo extends that support into fundraising.”

The largest of its acquisitions in 2025 so far, though, was its $2.9 billion buy of Deribit.

Meanwhile, Coinbase’s market cap as of Oct. 23 hovered just under $83 billion, while its stock is up over 25% year to date.

Related Crunchbase list:

Related Reading:

Illustration: Dom Guzman

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