The GRASS price is under heavy pressure as the market braces for a massive GRASS token unlock event.
With 181 million new tokens — worth more than $80 million — set to flood the market today at 1:30 PM UTC, investors are watching closely to see whether this move signals a deeper downturn or a short-lived shakeout before recovery.
Built on Solana, the Grass network powers a decentralised data infrastructure where users share idle bandwidth to support AI and web-scraping applications.
But despite its strong fundamentals, the latest unlock threatens to overshadow its long-term potential with short-term volatility.
Over the past 24 hours, the GRASS price has fallen by 2.9% to trade near $0.41, underperforming the broader crypto market, which slipped only 0.56%.
The token is now down more than 50% in the past 30 days, reflecting rising investor anxiety ahead of the unlock.
Notably, the upcoming token release will increase the circulating supply by nearly 58%, from 243 million to roughly 424 million tokens.
This surge in available coins raises significant dilution concerns, particularly in a market already grappling with low liquidity.
Unfortunately, data shows that trading volume has dropped by more than 25% over the past week, suggesting thin demand to absorb the incoming supply.
Historically, token unlocks of this magnitude have triggered immediate price declines of 10–30% or more, as early investors and contributors take profits.
GRASS’s decline of nearly 50% over the last month fits that trend, reinforcing the perception that the market has been pricing in the unlock for weeks.
Earlier this month, Grass secured a $10 million funding round led by Polychain Capital and Tribe Capital to expand its decentralised AI data network.
The investment validated the project’s DePIN model and its 8.5 million active users, but market reaction was subdued.
Instead of fueling a rally, the news coincided with a 6% drop in GRASS’s value as investors focused on the looming unlock.
Part of the concern stems from the nature of the funding, which included token allocations that may add to near-term selling pressure.
As a result, even fundamentally positive developments are being viewed through a bearish lens, with traders preferring to stay on the sidelines until the post-unlock price action stabilises.
Technically, GRASS remains in a pronounced downtrend.
The token trades below all major moving averages, with its 7-day SMA near $0.4266 and 30-day SMA at $0.6243.
Momentum indicators confirm weakness — RSI sits around 35, signalling oversold conditions, while MACD is attempting a modest bullish crossover.
Chart patterns point to a large descending triangle formation, with GRASS hovering close to its lower boundary.
The next major support lies at $0.3126, marking the 2024 low, while resistance is seen near $0.4694 and more prominently at $0.9 — the key point of control (POC) on the Volume Profile indicator.
A breakout above this zone could mark the beginning of a recovery phase, but until volume returns, upside potential remains limited.
Interestingly, Bitcoin’s strength over the weekend triggered a brief wave of optimism, sending GRASS higher on a large green volume candle.
However, follow-through buying has been muted, suggesting that traders are still cautious ahead of the unlock.
The immediate aftermath of the GRASS token unlock will determine whether this event deepens the sell-off or serves as a reset for future growth.
If selling pressure spikes, GRASS could test new lows below $0.31.
However, if buyers absorb the new supply and RSI begins to recover, a short-term rebound toward resistance near $0.47 may follow.
While GRASS’ fundamentals, anchored in decentralised AI data infrastructure, remain solid, the market’s focus is squarely on supply dynamics and investor sentiment for now.
As the flood of tokens hits exchanges, GRASS will need a compelling proof of demand to convince traders that the worst is behind it.
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KERNEL, the native token of restaking protocol KernelDAO, spiked more than 25% to hit highs of $0.23 early Tuesday.
While bulls are battling to hold onto the gains, the uptick saw the token rank among the top performers across the crypto market.
Given overall crypto sentiment, could Upbit listing help KERNEL price extend its upward momentum amid interest in restaking protocols?
As noted, the catalyst for KERNEL’s vertical price ascent today is likely trader reaction to Upbit’s announcement.
On October 28, 2025, the leading South Korean crypto exchange confirmed the token’s listing on its KRW market, adding support for trading on the Ethereum network.
The listing ignited immediate buying pressure, with KernelDAO daily volume spiking as bulls propelled KERNEL from lows of $0.16 to an intraday peak of $0.23 as of writing.
Notably, daily volume stood at over $316 million, up a staggering 1,540% in the past 24 hours.
With gains of over 20%, KERNEL ranked among the few top altcoins with double digit price movements on the day.
KernelDAO price hovered in the list of top gainers alongside Hedera’s HBAR, Pump.fun’s PUMP and Bittensor’s TAO tokens.
KernelDAO is a leading restaking protocol behind a $1.7 billion total value locked ecosystem.
The YZi Labs-backed project is live across top blockchains, including Ethereum and BNB Chain.
Notably, it boasts key products like Kernel, Kelp, Gain, and Kred, a recently introduced product focused on real-world assets.
Upbit’s listing is the latest in bullish support for the KERNEL token, with the South Korean crypto exchange known for its active trading community.
The listing not only boosts KERNEL’s visibility but also taps into fresh liquidity pools.
KernelDAO is a restaking infrastructure platform that provides a range of staking-related services.
It enables restaking on the BNB Chain, supports BNB Liquid Restaking Tokens (LRTs), and offers Bitcoin (BTC) restaking opportunities.
In addition, the project operates an Ethereum-based restaking protocol that runs directly on the Ethereum network.
This system includes a vault-style smart contract designed to manage staked ETH, rsETH, and liquid staking token (LST) assets.
The platform’s native KERNEL token serves multiple purposes, including governance, restaking, and slashing insurance within the ecosystem.
KERNEL price reached an all-time high of $0.46 in April 2025, and while it dropped to lows of $0.09 in June, it has recovered by more than 115% since.
Current prices around $0.19 means bulls are about 57% off the all-time peak.
As the broader cryptocurrency market rebounds amid various catalysts, including renewed institutional interest, regulatory clarity in key regions, and macroeconomic shifts favoring risk assets, KernelDAO looks set to benefit.
DeFiLlama shows the protocol’s total value locked (TVL) has pumped to over $1.7 billion.
As such, gains across the restaking sector could add further fuel to KernelDAO’s ecosystem.
Targets on the upside include the ATH and a breakout above $0.50.
On the downside, buyers need robust activity around $0.18 and $0.16.
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Router Protocol is entering a decisive phase as two major developments converge: the token migration completes with an airdrop for unmigrated balances, and the Router App — powered by the project’s Open Graph Architecture — has gone live.
These events could reshape liquidity, user flows, and market sentiment for the ROUTE token.
Router Protocol confirmed that unmigrated ROUTE tokens on the legacy Router Chain will be distributed to eligible Ethereum wallets via an airdrop on October 28, 2025.
The team published the eligible-wallet list and framed the distribution as the final step in consolidating the token on Ethereum.
ROUTE Migration Update
As part of moving all ROUTE tokens from Router Chain → Ethereum, the below addresses have unmigrated tokens and hence will receive their tokens via airdrop on Ethereum chain.
Airdrop Date: Monday, October 28
Eligible Wallet List: https://t.co/V1WyUqAgEF… https://t.co/3xN9SH6fSl— Router Protocol (@routerprotocol) October 23, 2025
Market participants typically react to migration completions in two ways: some see it as a trust-building milestone that simplifies token management and encourages broader exchange support, while others treat airdrops as near-term sell pressure events when recipients liquidate allocations.
That tension — immediate selling versus longer-term confidence — is why observers expect heightened volatility around the airdrop date.
The migration also follows a larger strategic pivot by the project away from maintaining an independent L1 towards providing cross-chain infra via OGA.
The sunset of Router Chain and consolidation on Ethereum removes fragmentation and ends on-chain inflation tied to validator rewards, according to community commentary.
On August 28, the team launched the Router App, a cross-chain swapping interface built on Open Graph Architecture.
The App aggregates bridges and DEX liquidity across EVM and non-EVM chains, promising smarter routing and the ability to split and reassemble trades in real time.
The announcement positions Router App as the consumer-facing layer of a broader routing standard.
Technically, the Router App’s value proposition is twofold: it offers immediate utility by improving swap efficiency across many chains, and it signals a productization of Router Protocol’s core infra, which may attract both retail users and protocol integrators.
Early adoption metrics, and whether users move meaningful TVL into the App, will matter for price and perception.
As Router Protocol completes its migration and launches the Router App, analysts and traders are closely watching the ROUTE price for confirmation of a possible breakout.
The token has already shown early signs of strength, maintaining steady gains in recent weeks as attention builds around these milestones.
At press time, ROUTE traded at $0.004541, up 11.7% in 24 hours after hitting a low of $0.003865.
Crypto analyst Chetan has been among the most vocal, noting that ROUTE remains up over 70% since his initial call and is now breaking above a key trend line that has held since November 2024.
Chetan suggests that if the breakout sustains, ROUTE could climb to a minimum target between $0.033 and $0.039, with a maximum upside around $0.10–$0.11.
Chetan frames the setup as a high-risk, high-reward scenario — roughly 50% downside risk versus 5x to 15x potential reward — but stresses the need for patience, saying he’s watching how the quarterly candle closes before adding more.
$ROUTE still up 70% since the buy…. and nearly 2x since its lows…
and now breaking out first time from its November 2024 trend-line….
if the breakout happens then its a possible sign for continuation to 0.033$ – 0.039$ minimum…
maximum it can go for 0.10$ – 0.11$…… https://t.co/7s3Rgy2YRk pic.twitter.com/Wsw9Ts46Hv
— Chetan (@chetangurjar642) September 28, 2025
At the same time, community member Jel has expressed renewed optimism, calling the potential “comeback of $ROUTE” “yuge”, reflecting growing bullish sentiment among long-term supporters.
Jel’s remarks echoed those of Ram from Router Protocol’s core team, who emphasised that the migration marks a fundamental reset for the ecosystem — validator rewards are ending, inflation is dropping to zero, and ROUTE is consolidating fully on Ethereum via Nitro.
Ram also noted that with consolidation complete, centralised exchanges are expected to fully support ROUTE on Ethereum, which could strengthen liquidity and accessibility.
The majority believe that completing the migration and delivering a live, functional cross-chain product could help the token rebuild credibility and attract more trading activity.
However, many warn that immediate volatility is likely after the airdrop as some recipients may take profits.
But if momentum continues alongside growing Router App adoption and Ethereum-based liquidity, the token could confirm its recovery narrative and extend its move higher.
The post Router Protocol price breakout as migration airdrop and Router App launch goes live appeared first on CoinJournal.
Avalanche price holds above the $20 mark amid news that Nasdaq-listed company AgriFORCE Growing Systems has secured shareholder support for a bold pivot into the Avalanche ecosystem.
The AVAX token, which has bounced off lows of $18 in the past week, shows notable resilience amid broader market optimism around a potential altcoin explosion.
Nasdaq-listed AgriFORCE, a company traditionally rooted in sustainable agriculture technologies, is eyeing an aggressive pivot into the crypto treasury strategy ecosystem.
Specifically, the company wants to become the first publicly traded entity on Nasdaq dedicated exclusively to the Avalanche blockchain network. AVAX One is the new company.
On October 27, AgriFORCE revealed it had secured special shareholder approval for the initiative .
A $300 million capital infusion and a further $250 million offering are set to fund an aggressive AVAX treasury strategy.
In the process of acquiring and holding AVAX tokens, AgriFORCE is poised to commit up to $700 million in exposure through direct purchases, staking, and ecosystem participation.
Matt Zhang, founder of Hivemind and nominated chairman of the AgriFORCE board, commented:
“With this mandate from shareholders, we can now proceed to close the transaction and begin the focused work of accumulating AVAX strategically and creating the Berkshire Hathaway of the on-chain financial economy.”
Amid the corporate enthusiasm, the Avalanche native token shows resilience.
While the price of AVAX fell from highs of $21 this week, bulls managed to recover from lows of $18. Maintaining stability above the critical $20 psychological level signals a potential bullish momentum that will align with the broader cryptocurrency market.
If bulls break above $30, the altcoin could target prices above $40. As well as tokenization, catalysts such as institutional inflows and narrative shifts around spot exchange-traded funds are critical.
AgriFORCE’s corporate strategy and market performance also point to what investors may want to look out for in the coming weeks. In its announcement, the company said it will put its plans into action in the coming days.
“The completion of this transaction will position the Company as the first Nasdaq-listed entity with a primary mission centered on the Avalanche ecosystem. The transaction is expected to close on or about October 30, 2025,” it wrote.
AVAX price reached its all-time high of $146 in November 2021.
The current price is well off this peak.
However, bulls have managed to bounce by an impressive 630% since the Avalanche price fell to its all-time low of $2.79 in 2020.
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The long-awaited Solana ETFs have finally been approved, sparking renewed optimism across the crypto market.
The ETFs’ approval has reignited bullish momentum, with analysts believing that the Solana price could soon rally toward $230 and beyond.
Bitwise and Canary Capital have confirmed that their individual Solana ETFs officially begin trading on October 28 after weeks of regulatory uncertainty.
Bitwise’s product, launched under the ticker BSOL, serves as a gateway for institutional exposure to Solana, featuring staking powered by Helius Labs and a temporary management fee waiver.
Introducing $BSOL — the Bitwise Solana Staking ETF. Starts trading tomorrow.
– First U.S. ETP to have 100% direct exposure to spot SOL
– Maximizing Solana’s 7%+ average staking reward rate*
– Targeting 100% of assets staked
– Staking through Bitwise Onchain Solutions, powered by… pic.twitter.com/Vo8Ko0qOCn— Bitwise (@BitwiseInvest) October 27, 2025
Grayscale has also moved swiftly, converting its Solana Trust (GSOL) into an ETF holding over $105 million worth of SOL.
Meanwhile, VanEck has also filed its sixth S-1/A amendment, with its Solana ETF status officially changed to “effective” and a 0.3% management fee established.
Adding to the growing momentum, Hong Kong’s first Solana ETF also began trading on Monday, marking Asia’s initial entry into the Solana ETF landscape.
Despite this wave of institutional activity, retail demand for Solana remains subdued.
Futures open interest sits near $9.75 billion — up slightly from the previous day but still below the $10 billion mark — indicating that traders are cautious amid market volatility.
Even so, analysts believe the ETF launches signal a critical turning point for Solana, reinforcing its legitimacy as an institutional-grade digital asset and providing the foundation for its steady hold above $200.
While retail demand for Solana remains unresponsive, the Solana price has been climbing steadily from $190 to $205, with short positions fading quickly.
Analysts note that bearish volume profiles are weakening while liquidity accumulates at higher price levels.
This shift has tilted momentum firmly in favour of buyers, with several technical indicators confirming the strength of the ongoing rally.
On the 4-hour chart, Solana trades above both its 50-day and 200-day moving averages, reinforcing the bullish setup.
The Ichimoku Cloud analysis shows a clear breakout, with price holding above key support between $197 and $201 — a signal that often precedes extended upward moves.
The Relative Strength Index (RSI) also hovers near 62, leaving room for additional gains before overbought conditions emerge.
Analysts now eye resistance zones between $204 and $208, followed by key hurdles at $216, $227, and $230.
Notably, a confirmed close above $205 could trigger a sustained rally toward these upper levels.
If momentum continues, higher targets around $237 and $253 come into view, aligning with Fibonacci retracement levels that mark previous swing highs.
Market observers have compared the current structure of Solana’s price chart to its 2023 breakout phase.
Analysts such as GalaxyBTC point to an ascending triangle pattern forming on the weekly chart, defined by a series of higher lows that indicate strong accumulation.
Same pattern as October 2023.
This Q4 we should break-out from the consolidation into new all-time-highs. pic.twitter.com/pIURlH1YUu
— Galaxy (@galaxyBTC) October 25, 2025
The critical support at $188 remains intact, representing the network’s largest volume cluster where many long-term holders entered the market.
A successful breakout above $200 would confirm the pattern and potentially lead to a test of $215 and $225, echoing the bullish behaviour seen two years ago.
The broader macro picture also appears supportive.
Some traders suggest that if the US Federal Reserve signals an end to quantitative tightening, it could inject much-needed liquidity into the market — providing another tailwind for Solana’s next leg higher.
Even as short-term traders monitor resistance near $230, long-term analysts remain optimistic about Solana’s broader trajectory.
The asset has maintained a pattern of higher lows since early 2023, and its market structure mirrors the accumulation phase that preceded its previous bull run.
Projections place potential mid- to long-term targets around $300, $390, and even $520 if momentum and institutional demand persist.
In the near term, maintaining support between $198 and $200 is crucial.
If buyers continue to defend this zone, the Solana price could strengthen further, confirming its leadership among major altcoins.
As the first wave of Solana ETFs begins trading, the market’s sentiment has clearly shifted — bears are losing ground, and bulls now have their eyes fixed firmly on the $230 milestone.
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Chainlink’s traction in the crypto and blockchain ecosystem sees the oracle network rank as a global standard for decentralized finance and capital markets on-chain.
Part of the growth now has the platform teaming up with Balcony, a leading real estate tokenization firm, to bring more than $240 billion in government-sourced property assets on-chain.
As the market eyes an overall bounce amid other tailwinds, could Chainlink’s native token, LINK, gain further amid the rising institutional adoption?
Among crypto news today is the announcement that Balcony, recognized as the premier platform for government-sourced real estate tokenization, has forged a pivotal alliance with Chainlink.
The latter is the gold-standard oracle network in the blockchain ecosystem, and the partnership points to growing adoption of Chainlink solutions.
In this case, the two platforms are collaborating via Chainlink’s Runtime Environment (CRE), which is now integrated into Balcony’s Keystone platform.
Chainlink and Balcony will tap into CRE to secure and digitize over $240 billion in on-chain property assets.
With Chainlink, Balcony has the blockchain solution to consolidate fragmented government-sourced property data into a unified, verifiable system.
The move lays the groundwork for compliant and programmable tokenized real estate, the firms said in an announcement.
At its core, CRE facilitates the seamless on-chain deployment of authenticated parcel data, fostering unparalleled transparency in an asset class that has long been hampered by opaque records and manual processes.
By embedding CRE within Keystone, Balcony unlocks new avenues for liquidity and accessibility, enabling fractional ownership, automated compliance checks, and real-time data verification.
The goal is to address longstanding challenges in real estate, such as fraud risks and inefficient transfers. It also elevates trust in tokenized markets, currently an asset category witnessing staggering growth.
Balcony’s integration of CRE is a clear example of how Chainlink’s industry-standard oracle platform is unlocking the next generation of real-world assets. By bringing government-sourced property data on-chain, Balcony is setting a new standard for transparency and efficiency in real estate. This partnership reflects an accelerating movement to redefine how institutions and market participants interact with tokenized assets in a compliant and verifiable way,” said Colin Cunningham, head of tokenized asset sales at Chainlink Labs.
Chainlink’s native token has surged in recent months amid broader market gains.
However, ecosystem developments have buoyed investor sentiment, helping bulls to hold prices above key support levels during profit taking events.
At the time of writing, LINK traded around $18.50, just in the red on the day but up nearly 4% as bulls continue to hold above $18.
Chainlink token’s resilience in the market and platform appeal in a maturing crypto landscape are two factors likely to help bulls eye new highs.
If LINK retests the $20 resistance level, a successful breakout could allow buyers to push for $30 and multi-year highs of $40.
RWA sector traction, DeFi resilience, and spot exchange-traded funds hype may prove key catalysts.
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The long-awaited approval of the Hedera ETF and Litecoin ETF has arrived, marking a pivotal moment for both assets.
With trading set to begin on the Nasdaq, investor enthusiasm has driven renewed interest in HBAR and LTC, sending prices higher as markets react to the historic development.
In a surprising turn of events, Canary Capital confirmed that its spot ETFs tracking Hedera and Litecoin will launch tomorrow on the Nasdaq.
The approval comes despite the ongoing US government shutdown, which many assumed would halt all Securities and Exchange Commission (SEC) operations.
However, a recent procedural shift allowed issuers to bypass direct SEC intervention by letting their filings automatically go effective after 20 days.
According to Canary Capital CEO Steven McClurg, both ETFs have met all legal requirements and are ready to trade.
Bloomberg ETF analysts Eleanor Terrett and Eric Balchunas confirmed that the NYSE and Nasdaq have certified the required 8-A filings, the final step before shares can begin trading.
This development follows the model used for previous spot crypto ETFs, including those for Bitcoin and Ethereum, but with an even more dramatic twist, given the timing during a government shutdown.
🚨NEW: @CanaryFunds spot $HBAR and $LTC ETFs are now effective and will begin trading on the NASDAQ tomorrow, according to CEO @stevenmcclurg.
“Litecoin and Hedera are the next two token ETFs to go effective after Ethereum,” McClurg told me in a statement. “We look forward to… https://t.co/tPjsjLEE3R
— Eleanor Terrett (@EleanorTerrett) October 27, 2025
The approval of the Hedera and Litecoin ETFs has energised the crypto market, sparking fresh optimism among investors who view it as another major step toward mainstream adoption.
Hedera’s native token, HBAR, has rebounded strongly, climbing to around $0.21 at press time and reclaiming critical technical levels.
Notably, HBAR’s rise above its 20, 50, 100, and 200 exponential moving averages signals a decisive bullish shift.
At the same time, the Litecoin price is attempting to break through its stubborn $100 resistance level.
LTC price briefly spiked above the $100 mark following the ETF announcement, reflecting heightened investor interest, though it has yet to confirm a full breakout.
Technical indicators, including the Relative Strength Index (RSI) and Moving Average Convergence/Divergence (MACD), suggest that a sustained move above $100 could mark the start of a broader bullish reversal for Litecoin.
Market data also shows a shift in trading behaviour.
Hedera’s open interest has declined from over $500 million earlier this year to roughly $163 million, indicating reduced speculative leverage.
This suggests that HBAR’s latest rally is being driven more by genuine spot demand than by leveraged futures trading — often a sign of healthier market growth.
Beyond the ETF launch, Hedera’s recent institutional partnerships have strengthened its long-term outlook.
The network has been selected to participate in the Reserve Bank of Australia’s Project Acacia, exploring the use of distributed ledger technology (DLT) in tokenised financial markets.
It has also been chosen by the Bank of England for its DLT Challenge, further cementing Hedera’s position among credible blockchain platforms with real-world use cases.
Meanwhile, asset management giant T. Rowe Price has filed for an actively managed crypto ETF that may include both HBAR and LTC, signalling rising institutional confidence in these networks.
These developments are viewed as reinforcing the credibility of both assets at a time when regulated exposure through ETFs is gaining traction.
If current momentum holds, Hedera price could test higher resistance zones near $0.25 and even $0.28 in the coming weeks, while Litecoin price may finally break through the $100 ceiling that has capped its rallies for months.
However, analysts maintain that Hedera (HBAR) must stay above $0.21, which has been established as the immediate support, for the bullish momentum to build.
At the same time, Litecoin (LTC) must stay above $99.67 for the $100 to come to effect.
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Bitcoin Magazine
Bitcoin Price Jumps to $115,000 As Analyst Says It May Never Fall Below $100K Again
Bitcoin price surged to $115,000 on Monday, rising more than 1% in 24 hours, as optimism over easing U.S.–China trade tensions and renewed investor appetite for risk assets lifted global markets.
According to Geoffrey Kendrick, Head of Digital Asset Research at Standard Chartered Bank, Bitcoin price may “never fall below $100,000 again” if this week’s macro tailwinds continue.
In a note to clients, Kendrick said that improving trade relations between Washington and Beijing have flipped last week’s market fear into “hope.”
U.S. Treasury Secretary Scott Bessent’s weekend statement that restrictions on China’s rare earth exports could be postponed for a year, combined with reports that Beijing plans to buy large quantities of U.S. soybeans, sparked a relief rally across equities, commodities, and crypto.
The agreement, expected to be finalized after the upcoming Trump–Xi summit in South Korea, has renewed risk appetite and pushed the bitcoin-to-gold ratio back above pre-October 10 levels — the date when 100% tariff threats sent markets tumbling.
Kendrick pointed to fresh inflows into spot bitcoin ETFs as another key signal of strength. Over $2 billion exited U.S. gold ETFs late last week, and if even half of that re-enters bitcoin funds, he said, it would mark a major vote of confidence.
The analyst also highlighted macro tailwinds, including expectations for a 25-basis-point rate cut at Wednesday’s Federal Open Market Committee (FOMC) meeting — a move widely seen as bullish for bitcoin.
Meanwhile, investors are watching a packed earnings calendar from both tech and crypto heavyweights. Microsoft, Meta, and Google are set to report on Wednesday, followed by Apple, Amazon, Coinbase, and Strategy (formerly MicroStrategy) later in the week.
“If this week goes well — bitcoin may never fall below $100,000 again,” Kendrick said.
While bulls have made modest progress with Bitcoin, stronger resistance remains overhead at $117,600 and $122,000, leaving bears largely in control.
If Bitcoin manages to surpass $122,000, professionals note the next target could be the upper boundary of a broadening wedge pattern at $128,000.
Support levels remain critical for maintaining bullish momentum. The key short-term support at $106,900 held throughout last week, helping stabilize the market.
Falling below this level could open the path toward the $105,000–$102,000 support zone, which has already been tested twice, with a third test raising the likelihood of a breakdown.
Beyond that, $96,000 represents a crucial long-term support level for the broader bull market, acting as a do-or-die floor if prices decline further.
As of press time, bitcoin was trading at $115,041, up 1.22% over the past 24 hours.
This post Bitcoin Price Jumps to $115,000 As Analyst Says It May Never Fall Below $100K Again first appeared on Bitcoin Magazine and is written by Micah Zimmerman.
The surge in Strive's stock highlights growing investor confidence in Bitcoin-focused firms, potentially accelerating corporate crypto acquisitions.
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Citigroup Inc. and Coinbase Global Inc. are partnering to enhance digital-asset payment solutions for the bank’s corporate clients, marking another major step by a traditional financial institution toward embracing blockchain technology.
The collaboration reflects Wall Street’s growing interest in digital assets after years of regulatory caution and market volatility.
The initiative aims to make it easier for Citi’s institutional clients to move funds between cryptocurrencies and traditional fiat currencies — a long-standing challenge in the digital economy.
The move comes as banks and payment providers increasingly explore blockchain to enable faster, cheaper, and more efficient transactions across global financial networks.
The initial phase of the Citi-Coinbase partnership will focus on simplifying the process of converting crypto to fiat and vice versa, particularly for cross-border transactions.
Debopama Sen, head of payments for Citi Services, said the bank’s clients are increasingly seeking innovations that go beyond traditional transaction models.
Citi’s clients want “programmability and conditional payments and other cost and speed and efficiency aspects,” Sen said, emphasizing the growing demand for payment systems that can operate continuously and offer greater flexibility than conventional financial rails.
Sen added that Citi is also “exploring solutions to really enable on-chain stablecoin payments for our clients” in the coming months, noting that stablecoins could play a key role in the evolution of corporate payment infrastructure.
“Stablecoins will be another enabler in the digital payment ecosystem,” she said.
“It’ll help grow the space, it’ll help grow functionality for our clients.”
Stablecoins — cryptocurrencies typically pegged to fiat currencies such as the US dollar — have become one of the most promising use cases for blockchain technology.
They combine the efficiency of digital payments with the relative stability of traditional money, making them increasingly attractive for corporate transactions and settlements.
Citi’s “Future of Finance” team, led by Ronit Ghose, has projected that the global stablecoin market could surpass $1 trillion within five years, up from about $300 billion today.
This growth outlook underscores how blockchain-based assets are rapidly evolving from speculative investments to tools for practical financial operations.
The collaboration with Coinbase follows Citi’s earlier introduction of a blockchain platform that enables institutional clients to move tokenized deposits around the clock within the bank’s internal network.
This system offers clients real-time settlement capabilities, reducing the delays and costs associated with traditional payment systems such as ACH and wire transfers.
Coinbase, one of the world’s leading digital-asset exchanges, brings extensive infrastructure and experience to the partnership.
The company works with more than 250 banks and financial institutions globally, according to Brian Foster, Coinbase’s global head of crypto-as-a-service.
“Coinbase has spent years developing very specialized infrastructure,” Foster told Bloomberg News, adding that traditional financial institutions are increasingly seeking partnerships across various crypto-related services — from spot and derivatives trading to custody, staking, and payments.
Foster said that growing interest in stablecoins, crypto exchange-traded funds (ETFs), and tokenized assets is prompting more financial institutions to engage with blockchain-based systems.
As Citigroup and Coinbase explore new ways to bridge traditional banking and digital assets, their collaboration signals how mainstream finance is steadily integrating blockchain into its infrastructure — moving beyond experimentation toward real-world adoption.
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Reliance Global Group Inc. (NASDAQ: RELI) has expanded its cryptocurrency portfolio with the addition of Solana (SOL), marking another step in its ongoing digital asset treasury strategy.
The move positions the company among a growing list of publicly traded firms integrating blockchain-based assets into their corporate balance sheets.
The announcement, made on October 27, 2025, confirms that Reliance now holds five of the top ten cryptocurrencies by market capitalization — Bitcoin, Ethereum, Cardano, XRP, and Solana.
The addition underscores the company’s belief in the long-term potential of blockchain technology and its applications in both finance and enterprise innovation.
Reliance’s decision to purchase Solana represents a milestone in its broader digital asset diversification strategy.
The company described the acquisition as part of its disciplined approach to building exposure across major blockchain ecosystems.
“By adding Solana alongside Bitcoin, Ethereum, Cardano, and XRP, we continue to execute our disciplined strategy of diversifying across leading blockchain ecosystems,” said Moshe Fishman, a member of the Reliance Global Group Crypto Advisory Board and Director of Insurtech at Reliance. “Solana represents the next generation of blockchain performance — built for real-world adoption and institutional-scale applications.”
Solana, currently the sixth-largest cryptocurrency by market capitalization at over $110 billion, has become increasingly attractive to corporate treasuries and institutional investors.
Known for its hybrid Proof-of-Stake and Proof-of-History consensus mechanisms, Solana can process over 65,000 transactions per second, with blocks confirming in about 400 milliseconds.
The blockchain’s scalability and efficiency have made it a favored platform for decentralized finance (DeFi), non-fungible tokens (NFTs), and Web3 applications.
Fishman noted that expanding into Solana aligns with Reliance’s commitment to innovation while maintaining a balanced approach to governance, security, and compliance.
Solana’s inclusion in Reliance’s treasury comes amid growing institutional and corporate interest in the blockchain.
Its expanding ecosystem — spanning DeFi protocols, tokenized real-world assets, and NFT platforms — continues to drive adoption.
Market analysts point to the increasing appeal of Solana as a potential treasury asset, bolstered by the anticipation of regulatory approval for spot Solana exchange-traded funds (ETFs).
The token traded near $200 on October 27, reflecting broader optimism surrounding blockchain utility and scalability.
Reliance’s move follows similar announcements by other public companies in recent months, as corporate treasuries diversify away from traditional assets to hedge against inflation and capture long-term value in digital markets.
The addition of Solana to Reliance Global Group’s treasury is a strategic effort that many other public companies have tapped into across the market.
SOL’s price has largely benefited from the sentiment around these efforts.
While DeFi, NFTs and RWA traction stands out, Solana’s native token has received notable upside momentum from the growing treasury asset plays.
Forward Industries, Solana Company, Upexi, DeFi Development Corp, Sol Strategies and Sharps Technology are among the top SOL treasury companies.
Data from CoinGecko shows the 10 leading public companies cumulatively hold over 15.7 million SOL, currently worth over $3.18 billion.
The post Solana boost as Reliance adds SOL to treasury holdings appeared first on CoinJournal.
The potential launch of these crypto ETFs could significantly enhance institutional access to digital assets, driving broader market adoption.
The post Spot XRP, Solana, and Litecoin ETFs may launch in next two weeks, expert speculates appeared first on Crypto Briefing.
Bitcoin Magazine
Bitcoin Closes at $114,530 Amid FOMC Volatility: Bulls Eye $117,600 Resistance
Bitcoin Price Weekly Outlook
Bitcoin’s price action was rather subdued last week, keeping traders guessing whether or not we would see another large drop in price entering the weekend. Price held above the lows, however, slowly plodding a little bit higher to close out the week at $114,530. Bulls should not be overly disappointed with this price action, as they did reclaim the $112,200 resistance level, and are now closing in on conquering the next resistance level at $115,500. The bears are still sitting comfortably in control, though, with stronger resistance levels hanging overhead that the bulls have yet to challenge. This may be an interesting and volatile week ahead, with the FOMC meeting on Wednesday and a slough of large companies reporting third-quarter earnings.
Key Support and Resistance Levels Now
Nothing has materially changed from last week’s resistance levels as the bulls have made little progress. Heavy resistance is still sitting at $117,600 and $122,000 above there, so the bears aren’t feeling any real pressure yet. If by chance this week gets above $122,000, we will look to the upper boundary of our broadening wedge pattern at $128,000.
Holding above the prior week’s low is a positive sign for the bulls, while they managed to maintain price above the key short-term support of $106,900 last week as well. This level must hold going forward, as closing below $106,900 opens the door back down to the $105,000 to $102,000 support zone that has already been tested twice. A third test of this support zone would be more likely to break it than to hold it. $96,000 is the long-term bull market support below here, a do-or-die support level if the price were to slide down and test it.
Outlook For This Week
Expect significant volatility this week, especially on Wednesday, as we have the Federal Reserve’s interest rate decision and ensuing Powell speech, followed by major earnings reports from Microsoft, Meta, and Google after market close. Bulls will look to hold $109,000 as a floor into this week, as doing so would position them to maintain upward momentum. Looking at the Momentum Reversal Indicator, we are currently sitting on an 8-count entering Monday. This is a warning candle that we may see momentum begin to fade. Tuesday should bring the 9-count at which point we should expect at least a pause on upward momentum and a 1 to 4 day correction in price. So if bulls can push price up to the 0.618 Fibonacci Retracement at $117,600 by Monday night or Tuesday morning, we should expect to see a rejection ther,e and we can re-assess after Wednesday’s FOMC and earnings reports play out.
Market mood: Bearish – While the bulls gained some ground last week, the bears remain stoic and strong. The bulls must push the price past $122,000 to take back control.
The next few weeks
If bulls can manage to survive through this week, there are still some potential headwinds on the horizon. The US-China tariff dispute may or may not be resolved by the end of next week; a negative outcome will likely send all markets lower. Additionally, the US courts’ ruling on the legality of Trump’s tariffs is expected by November 5th. If these tariffs are reinstated, we should expect markets to head lower to price this impact in.
Terminology Guide:
Bulls/Bullish: Buyers or investors expecting the price to go higher.
Bears/Bearish: Sellers or investors expecting the price to go lower.
Support or support level: A level at which the price should hold for the asset, at least initially. The more touches on support, the weaker it gets and the more likely it is to fail to hold the price.
Resistance or resistance level: Opposite of support. The level that is likely to reject the price, at least initially. The more touches at resistance, the weaker it gets and the more likely it is to fail to hold back the price.
Fibonacci Retracements and Extensions: Ratios based on what is known as the golden ratio, a universal ratio pertaining to growth and decay cycles in nature. The golden ratio is based on the constants Phi (1.618) and phi (0.618).
Broadening Wedge: A chart pattern consisting of an upper trend line acting as resistance and a lower trend line acting as support. These trend lines must diverge away from each other in order to validate the pattern. This pattern is a result of expanding price volatility, typically resulting in higher highs and lower lows.
Momentum Reversal Indicator (MRI): A proprietary indicator created by Tone Vays. The MRI indicator tracks buyer and seller momentum and exhaustion, providing signals to indicate when to expect momentum to fade and accelerate.
This post Bitcoin Closes at $114,530 Amid FOMC Volatility: Bulls Eye $117,600 Resistance first appeared on Bitcoin Magazine and is written by Ethan Greene - Feral Analysis and Juan Galt.
Bitcoin Magazine
Bitcoin Price Rebounds Above $115,000 As Strategy Buys 390 More Bitcoin
Bitcoin’s price surged above $115,000 on Monday as Strategy, the largest corporate holder of Bitcoin, announced another significant purchase of Bitcoin. The business intelligence firm acquired 390 BTC between October 20 and October 26, spending approximately $43.4 million at an average price of $111,053 per Bitcoin.
According to a Form 8-K filing released today, Strategy’s total Bitcoin holdings have now reached 640,808 BTC, with an aggregate purchase price of $47.44 billion. The company’s average purchase price stands at $74,032 per Bitcoin, including fees and expenses.
The latest acquisition was funded through proceeds from Strategy’s At-The-Market (ATM) equity programs, specifically through the issuance of preferred shares under its STRF, STRK, and STRD ATM programs. The company raised a combined total of $43.4 million during the period to finance these purchases.
The announcement comes amid a growing trend of companies adopting Bitcoin treasury strategies. Recent data indicates that publicly traded companies now hold over $110 billion worth of Bitcoin, with Strategy alone accounting for approximately $74 billion of that total.
BREAKING:
— Bitcoin Magazine (@BitcoinMagazine) October 27, 2025
The emergence of Bitcoin treasury companies has accelerated notably in 2025, with Germany’s aifinyo AG recently announcing plans to accumulate 10,000 BTC by 2027. This follows similar moves by companies across Europe and Asia, signaling a broader institutional acceptance of Bitcoin as a treasury reserve asset.
The Bitcoin treasury model has moved from experimental to established corporate strategy. We’re seeing new companies enter this space almost weekly, recognizing Bitcoin as the ultimate treasury reserve asset.
Bitcoin’s price responded positively to Strategy’s announcement, trading above $115,000 as of press time. Bitcoin has shown strong momentum in recent days, supported by growing institutional adoption and the approaching 2026 halving.
Strategy’s stock (MSTR) has also shown positive movement, rising 3% in pre-market. Recent regulatory developments have further supported the Bitcoin treasury trend. Strategy recently received favorable guidance from the IRS and Treasury regarding the treatment of unrealized crypto gains in Corporate Alternative Minimum Tax (CAMT) calculations, eliminating concerns about potential tax liabilities for long-term Bitcoin holdings.
As more companies adopt Bitcoin treasury strategies and regulatory frameworks become clearer, the trend appears poised to continue. With Strategy leading the way and new entrants like aifinyo AG joining the space, corporate Bitcoin adoption is increasingly becoming a global phenomenon, spanning various industries and regions.
This post Bitcoin Price Rebounds Above $115,000 As Strategy Buys 390 More Bitcoin first appeared on Bitcoin Magazine and is written by Vivek Sen.
The Hyperliquid price has seen a brief pullback after a significant surge today, shedding 1.2% to trade around $46.57.
Despite this short-term dip, the HYPE token remains up 19.5% over the past week, highlighting continued investor interest and optimism about the project’s long-term prospects.
The retracement follows a strong rally and reflects a blend of profit-taking, technical rejection, and growing competition in the decentralised derivatives space.
After a robust run last week, Hyperliquid encountered selling pressure near the 38.2% Fibonacci retracement level at $49.36.
The failed breakout prompted traders to lock in gains, leading to a brief correction.
The MACD histogram is flipping negative on the 4-hour chart, signalling weakening short-term momentum, while the RSI eased from overbought territory at 69.89, suggesting that the market needed a cooldown after a 19% weekly surge.
Part of the sell-off also reflects the growing rivalry between Hyperliquid and the newly launched Binance-backed Aster DEX.
Since its debut on September 17, Aster has attracted massive trading volumes, processing $20.8 billion on its first day compared to Hyperliquid’s $9.7 billion.
Aster’s rapid adoption and $2 billion in total value locked within a week have shifted liquidity across the decentralised perpetuals landscape, briefly denting Hyperliquid’s dominance.
Still, Hyperliquid maintains a commanding presence in the market.
With a $12.74 billion market cap and a total value locked (TVL) of $4.85 billion, it remains one of the largest decentralised derivatives platforms.
However, traders are watching closely as the project faces near-term headwinds from both external competition and internal supply pressures.
The most immediate challenge facing HYPE is a looming token unlock event beginning on November 29.
Around 237.8 million tokens — roughly 24% of the total supply — will begin to unlock over 24 months.
At the current price, this adds nearly $500 million per month in potential sell pressure, partially offset by $65 million in monthly buybacks from the project’s treasury.
This could lead to a monthly imbalance of around $410 million, which could lead to near-term volatility as the market adjusts to the increased supply.
Despite these concerns, the project’s $1 billion treasury filing, connected to the Sonnet Bio and Rorschach merger, could help counterbalance some of the dilution fears.
The treasury’s size and strategic reserves give the team room to manage liquidity and maintain market confidence through buybacks or ecosystem growth initiatives.
While short-term traders may focus on resistance levels, derivatives, and on-chain data tell a more optimistic story.
Futures open interest (OI) on HYPE has surged from $1.27 billion last Wednesday to $1.97 billion on Monday, the highest level since early October.
Rising open interest signals new capital entering the market, typically an indicator of growing bullish conviction.
Data from CryptoQuant also shows that whales — large investors — are increasing their positions, with buy orders dominating both spot and futures markets.
This accumulation trend suggests that institutional and high-net-worth participants expect further gains ahead.
Network data reinforces this bullish sentiment.
According to Artemis Terminal, Hyperliquid’s 24-hour chain fee revenue reached $2 million, surpassing edgeX and BNB Chain.
High network fees often correlate with elevated trading activity and liquidity, signalling robust user engagement even amid short-term market uncertainty.
Technically, HYPE has shown resilience after breaking above its descending trendline and the 50-day exponential moving average (EMA) at $43.54.
Over the weekend, it held that level as support before climbing back above $48.57.
If the token closes above the next resistance at $51.15, analysts expect the rally to extend toward the record high of $59.46, last seen on September 18.
However, a failure to hold above the $43.54 EMA could open the door for a deeper correction toward the $41.6 support zone.
The post Hyperliquid price forecast after rejection at the 38.2% Fibonacci retracement level appeared first on CoinJournal.
Mt. Gox, once the world’s largest Bitcoin exchange, has delayed repayments to its creditors until October 2026 — extending a saga that began more than a decade ago.
The announcement, made just days before its previous deadline of October 31, 2025, reflects ongoing administrative and technical challenges in finalising payments.
While many creditors who submitted paperwork have received partial repayments, a significant number are still waiting for their funds.
The Tokyo District Court approved the extension after the trustee cited the need for additional time to process remaining claims and complete settlements efficiently.
According to the latest notice, the Mt. Gox rehabilitation trustee confirmed that most base, early lump-sum, and intermediate repayments have been processed for creditors who completed the required steps.
However, repayments for others remain pending.
The trustee explained that it was “desirable to make the repayments to such rehabilitation creditors to the extent reasonably practicable,” leading the court to approve a new deadline of October 31, 2026.
This marks another chapter in one of the cryptocurrency industry’s longest-running recovery efforts.
Mt. Gox, which once handled over 70% of the world’s Bitcoin trading volume, collapsed in 2014 after a massive hack led to the loss of approximately 850,000 BTC.
The company subsequently filed for bankruptcy in Japan.
When Mt. Gox failed, the exchange’s bankruptcy shook investor confidence in digital assets and exposed vulnerabilities in early crypto infrastructure.
About 200,000 BTC were later recovered, but 650,000 BTC remain missing.
The recovery process transitioned into a court-supervised civil rehabilitation in Japan, during which a trustee began redistributing recovered Bitcoin and Bitcoin Cash (BCH) in 2024.
At the time of its collapse, Mt. Gox’s influence was unmatched.
The incident not only caused a sharp decline in Bitcoin prices but also prompted tighter regulatory oversight in key markets.
In the years since, it has become a landmark case in crypto regulation, bankruptcy law, and investor protection — shaping how global exchanges handle custody and insurance.
With repayments scheduled to continue into 2026, traders and analysts have debated whether the eventual release of thousands of Bitcoin could trigger selling pressure.
Historically, such fears have surfaced each time Mt. Gox announced repayment progress.
However, recent on-chain data suggests that these effects may be limited.
According to Arkham Intelligence, Mt. Gox currently holds 34,690 BTC worth nearly $4 billion, down from about 142,000 BTC in mid-2024 — a decline of more than 75%.
Analysts tracking these wallets have noted that even large movements from the exchange have had only short-term effects on Bitcoin’s market price, indicating that most creditors are choosing to hold rather than sell immediately.
The trustee’s revised timeline means that full repayments could now take another year, extending the wait for thousands of claimants worldwide.
For many early Bitcoin investors, the repayments represent not only financial recovery but also closure on one of crypto’s most notorious events.
Still, the Mt. Gox story continues to serve as a cautionary tale for digital asset investors.
It underscores the importance of secure custody, transparent operations, and regulatory compliance — principles that have since become standard practice across global crypto exchanges.
The post Mt. Gox delays Bitcoin repayments again as creditors await full settlement appeared first on CoinJournal.
The uptick across the crypto market has seen the BNB price retest a critical price level around $1,160. Gains signal the potential for significant upward movement, particularly as analysts point to a big week ahead for risk assets.
With price hovering at $1,153 as of the time of writing, bulls’ flirtation with the pivotal supply zone remains critical.
BNB’s price action over the past week has seen the token approach and briefly test the area above the $1,160 level.
This retest, occurring amid a broader market rebound, demonstrates robust buyer conviction. Binance coin has recorded two consecutive green daily closes and eyes a third.
Indeed, the 3% uptick in the past 24 hours has the exchange token holding onto a nearly 20% tick up over the past month.
The last time it traded above $1,160 was in mid-October, which is when prices crashed from all-time highs above $1,370. BNB has broken higher amid an ascending channel pattern.
The Relative Strength Index has climbed from oversold territory below 40 to a neutral 54 on the daily chart. The RSI is around 65 on the 4-hour chart.
A divergence suggests diminishing selling pressure. This could give bulls more room to wiggle upwards before overbought conditions come into view.
In this case, a decisive close above $1,160 could validate a breakout.
Bulls will target the next resistance at $1,185 and $1,215, and success will bring the ATH above $1,300 into play. However, failure to hold off bears at $1,150 might see a pullback to $1,100 and then $1,080.
The horizon for BNB is considerably brighter with a recent development in mind.
In particular, President Donald Trump’s pardon of Binance founder Changpeng “CZ” Zhao not only invigorated BNB but the broader crypto market.
Zhao served a four-month sentence in 2024, having stepped down as Binance CEO and convicted of violations of anti-money-laundering guidelines as tied to Binance’s operations.
BNB surged immediately after Trump’s pardon. But the bigger question is whether Zhao’s pardon means he could return to the exchange behemoth.
Speculation is rife, but CZ is said to be more focused on YZi Labs and other initiatives.
The native token of the high-throughput BNB Chain has also benefited from fresh listings on platforms like Coinbase and Robinhood.
The retest of $1,160 could thus mark a key zone for both bulls and bears.
The post BNB price retests $1,160 as bulls eye $1,300 rebound amid CZ pardon boost; check forecast appeared first on CoinJournal.
The Pi Network price has staged a strong rebound, with the PI coin surging above key resistance levels amid renewed market optimism.
This rally comes on the heels of a major mainnet migration involving 2.7 million users and growing anticipation ahead of the network’s ISO 20022 financial integration scheduled for November 22, 2025.
Pi Network’s market momentum has accelerated in recent days, with the token’s price climbing more than 25% in 24 hours and over 30% over the week.
The price currently hovers near the $0.28 mark, just shy of the psychological $0.30 breakout target eyed by bullish traders.
The price surge follows the completion of mass Know Your Customer (KYC) verification that enabled 2.69 million “Pioneers” to migrate their tokens to the mainnet.
🚨Welcome to the Mainnet! A massive 2.69 million Pioneers have migrated their Pi in the last week alone after a huge KYC verification wave. The ecosystem is expanding rapidly as we approach the Nov 22 ISO 20022 integration. The future of finance is being built now🚀#PiNetwork pic.twitter.com/zU1Myw7oGJ
— PiNetwork DEX⚡️阿龙 (@fen_leng) October 27, 2025
The migration marks one of the largest transitions in Pi’s history and signals growing confidence in the network’s long-term viability.
This migration has triggered a surge in market demand, particularly as millions of tokens were moved into circulation while exchange supplies tightened.
According to PiScan data, centralised exchanges (CEXs) recorded an inflow of more than 2.422 million PI tokens in the past 24 hours, but this was offset by strong accumulation activity.
In October alone, over eight million tokens exited exchanges, reducing available supply by roughly 2.4%.
This supply squeeze has been a key catalyst in Pi’s latest rally, easing sell pressure and fueling upward momentum.
Technically, the Pi Network price is displaying a clear attempt to break out of a bullish pattern.
The token recently exceeded the 50-day Exponential Moving Average (EMA) at $0.2627, a level that previously acted as a strong resistance zone.
A sustained movement above $0.28 could be a confirmation of a breakout that could target $0.36 in the short term.
Momentum indicators, however, paint a mixed picture, with the Relative Strength Index (RSI) currently sitting above 58, suggesting the asset is approaching overbought territory.
At the same time, the Money Flow Index (MFI) hints at slowing inflows, creating the possibility of short-term consolidation before another push higher.
A failure to reclaim $0.28 could trigger a pullback toward $0.20, where strong support has held since mid-October.
Despite potential volatility, market sentiment remains upbeat.
The network’s strong fundamentals and reduced exchange supply continue to draw traders and long-term holders.
Pi’s recovery from its October low of $0.172 to recent highs around $0.29 underscores the renewed optimism surrounding the project.
Beyond market charts, Pi Network’s ecosystem continues to mature rapidly.
The project’s upcoming ISO 20022 integration, aligned with the global financial messaging standard, is seen as a gateway to real-world adoption.
The move will allow Pi to connect more efficiently with banking systems, potentially enabling SWIFT compatibility for faster and cheaper cross-border transactions.
Built on the Stellar Consensus Protocol (SCP), Pi Network’s blockchain prioritises scalability, security, and energy efficiency.
This technical framework supports regulatory compliance while minimising environmental impact, positioning Pi alongside ISO 20022-compliant assets like XRP and XLM.
Community confidence has also strengthened as Pi’s automated KYC system verified over 3.36 million users, resolving one of the project’s major bottlenecks.
The growing mainnet base now stands at 2.69 million active users, reflecting sustained ecosystem expansion ahead of the November 22 milestone.
The Pi Network price rebound reflects both technical recovery and growing ecosystem confidence.
While short-term traders eye the $0.30 resistance for signs of continuation, long-term observers point to Pi’s steady progress toward financial standardisation and global interoperability.
As the project approaches its ISO 20022 rollout, Pi Network is steadily bridging the gap between blockchain and traditional finance.
But whether the current bullish run holds or pauses for consolidation, the network’s growing user base, tighter token supply, and upcoming integrations suggest that the Pi Network price may be entering a defining phase in its evolution toward real-world adoption.
The post Pi Network price rebounds: 2.7M migrate as bulls target $0.30 breakout appeared first on CoinJournal.
Correctly calling a market peak is a notoriously tricky endeavor.
Case in point: When tech stocks and startup funding hit their last cyclical peak four years ago, few knew it was the optimal time to cease new deals and cash in liquidatable holdings.
This time around, quite a few market watchers are wondering if the tech stock and AI boom has reached bubble territory. And, as we explored in Friday’s column, there are plenty of similarities between current conditions and the 2021 peak.
Even so, by other measures we’re also in starkly different territory. The current boom is far more concentrated in AI and a handful of hot companies. The exit environment is also much quieter. And of course, the macro conditions don’t resemble 2021, which had the combined economic effects of the COVID pandemic and historically low interest rates.
Below, we look at four of the top reasons why this time is different.
Four years ago, funding to most venture-backed sectors was sharply on the rise. That’s not the case this time around. While AI megarounds accumulate, funding to startups in myriad other sectors continues to languish.
Biotech is on track to capture the smallest percentage of U.S. venture investment on record this year. Cleantech investment looks poised to hit a multiyear low. And consumer products startups also remain out of vogue, alongside quite a few other sectors that once attracted big venture checks.
The emergence of AI haves and non-AI have-nots means that if we do see a correction, it could be limited in scope. Sectors that haven’t seen a boom by definition won’t see a post-boom crash. (Though further declines are possible.)
The new offering market was on fire in 2020 and 2021, with traditional IPOs, direct listings and SPAC mergers all flooding exchanges with new ticker symbols to track.
In recent quarters, by contrast, the IPO market has been alive, but not especially lively. We’ve seen a few large offerings, with CoreWeave, Figma and Circle among the standouts.
But overall, numbers are way down.
In 2021, there were hundreds of U.S. seed or venture-backed companies that debuted on NYSE or Nasdaq, per Crunchbase data. This year, there have been less than 50.
Meanwhile, the most prominent unicorns of the AI era, like OpenAI and Anthropic, remain private companies with no buzz about an imminent IPO. As such, they don’t see the day-to-day fluctuations typical of public companies. Any drop in valuation, if it happens, could play out slowly and quietly.
That brings us to our next point: In addition to spreading their largesse across fewer sectors, startup investors are also backing fewer companies.
This year, the percentage of startup funding going to megarounds of $100 million or more reached an all-time high in the U.S. and came close to a record global level. A single deal, OpenAI’s $40 billion March financing, accounted for roughly a quarter of U.S. megaround funding.
At the same time, fewer startup financings are getting done. This past quarter, for instance, reported deal count hit the lowest level in years, even as investment rose.
The last peak occurred amid an unusual financial backdrop, with economies beginning to emerge from the depths of the COVID pandemic and ultra-low interest rates contributing to investors shouldering more risk in pursuit of returns.
This time around, the macro environment is in a far different place, with “a “low fire, low hire” U.S. job market, AI disrupting or poised to disrupt a wide array of industries and occupations, a weaker dollar and a long list of other unusual drivers.
What both periods share in common, however, is the inexorable climb of big tech valuations, which brings us to our final thought.
While the argument that this time it’s different is a familiar one, the usual plot lines do tend to repeat themselves. Valuations overshoot, and they come down. And then the cycle repeats.
We may not have reached the top of the current cycle. But it’s certainly looking a lot closer to peak than trough.
Illustration: Dom Guzman
Increased whale activity on Hyperliquid suggests a shift towards decentralized platforms for high-leverage crypto trading, impacting market dynamics.
The post Whale deposits $3.72M USDC into Hyperliquid, opens $27.7M BTC long appeared first on Crypto Briefing.
BlackRock's significant crypto deposit into Coinbase Prime underscores growing institutional trust and integration in digital asset markets.
The post BlackRock deposits $225M in Bitcoin and Ether into Coinbase Prime appeared first on Crypto Briefing.
Magic Eden’s native token, ME, has experienced a significant price surge in the past 24 hours.
Prices rose to intraday highs above $0.60 for the first time since the October 11 crash, with bulls’ gains coming amid a retest of a key technical barrier.
As the altcoins rank among the top gainers in the 500 largest cryptocurrencies by market cap, buyers are likely to hold the crucial level and target a new leg up.
But what could help ME price in the short term?
Per CoinMarketCap data, Magic Eden’s ME token is one of the standout performers in the cryptocurrency arena today.
The token’s 35% uptick in the past 24 hours has come amid a robust trading volume of $129 million – the metric is up 1,280% in the past 24 hours.
This performance has not only outpaced the broader market but also dwarfed top performers such as Pi Network, Virtuals Protocol and Zcash.
ZEC hovered around $270 on October 24, but was near $350 at the time of writing.
On the technical front, ME broke above the critical hurdle at $0.50, reaching intraday highs of $0.60.
While the altcoin is well off its all-time peak above $13.24, bulls have bounced off the all-time low of $0.23.
ME could retest $0.55 or $0.50 before seizing on an uptick across the market to target the psychological $1 mark.
RSI at 60 suggests bulls have more room to aim for gains.
Several factors appear to have converged to ignite this pump.
Notably, the official Magic Eden X account issued a cryptic yet bullish proclamation early this morning: “Big week ahead.”
This post, which garnered over 300 likes and widespread speculation within the community, hinted at impending announcements or developments that could further bolster the platform’s growth.
Such communications from project leads often serve as potent catalysts, drawing in retail traders and amplifying social sentiment.
ME gains also follow the community cheering of the recent acquisition of Dynamic by Fireblocks, which the platforms announced on October 23.
As a key user of Dynamic’s developer platform, Magic Eden could benefit significantly from this integration.
Dynamic powers over 50 million on-chain accounts for industry leaders, including Kraken, Ondo Finance, Magic Eden and zerohash.
Magic Eden’s seamless user onboarding and embedded wallet functionalities for NFT trading across chains.
The deal merges Fireblocks’ institutional-grade custody with Dynamic’s agile tools, creating what executives describe as the “first complete custody-to-consumer stack” for on-chain finance.
Overlaying these platform-specific tailwinds is a broader crypto market rebound.
While gains in October 2025 remain muted as the macroeconomic environment hit risk-on sentiment, Bitcoin’s climb to $116,000 and Ethereum’s break to $4,200 has bulls excited.
The big week for crypto includes a potential rally ahead of a Federal Reserve rate cut, the impact of the US-China trade deal and SEC approval for exchange-traded funds.
The macroeconomic lift could spill over to altcoins like Magic Eden.
The post Magic Eden’s ME token soars 35%, reclaims $0.60 amid ‘big week ahead’ hype appeared first on CoinJournal.
In a landmark ruling that could reshape cryptocurrency in India, the Madras High Court has declared that cryptocurrencies qualify as property under Indian law.
The Court’s decision, delivered by Justice N. Anand Venkatesh, affirms that cryptocurrencies can be owned, held in trust, and protected as legal property — a major step in clarifying the legal status of digital assets in the country.
The case arose from a petition by an investor whose 3,532.30 XRP coins were frozen after a cyberattack on WazirX, one of India’s largest cryptocurrency exchanges.
In July 2024, the platform suffered a $234 million hack involving Ethereum and ERC-20 tokens.
While the investor’s XRP holdings were not part of the stolen assets, WazirX sought to redistribute all users’ funds under its so-called “socialisation of losses” plan.
Justice Venkatesh firmly rejected the proposal, ruling that each investor’s digital holdings are individual property and cannot be diluted or redistributed to cover exchange losses.
He emphasised that cryptocurrencies, though intangible, possess all the essential attributes of property — they are identifiable, transferable, and exclusively controlled through private keys.
“It is not a tangible property nor is it a currency,” the judge observed. “However, it is a property, which is capable of being enjoyed and possessed in a beneficial form.”
This interpretation grants digital asset holders stronger legal standing, ensuring that their cryptocurrencies are recognised as assets protected under Indian law.
The Court also settled questions over jurisdiction, dismissing WazirX’s argument that Singaporean arbitration rules applied because its parent company, Zettai Pte Ltd, is based in Singapore.
Justice Venkatesh cited the Supreme Court’s earlier decision in PASL Wind Solutions Pvt Ltd v. GE Power Conversion India Pvt Ltd (2021), noting that Indian courts have authority over assets located within India.
Because the investor’s transactions originated from Chennai and involved an Indian bank account, the Court confirmed that the case fell squarely under Indian jurisdiction.
The court further highlighted that Zanmai Labs Pvt Ltd, which operates WazirX in India, is registered with the Financial Intelligence Unit (FIU) — unlike its foreign parent company or Binance.
This distinction reinforced that Indian exchanges operating domestically are subject to Indian oversight and accountability, particularly in protecting user assets and maintaining transparent custodial practices.
Justice Venkatesh’s decision went beyond individual relief to call for higher standards of corporate governance in the Web3 and crypto sectors.
He urged exchanges to maintain separate client funds, conduct independent audits, and uphold robust KYC and anti-money laundering controls.
These measures, the Court noted, are vital for building trust in the digital economy and protecting consumers from future mishandling of assets.
Legal experts hailed the judgment as a milestone in developing “crypto-jurisprudence” in India.
Vikram Subburaj, CEO of Indian exchange Giottus, described it as a foundational moment that signals to all market participants — exchanges, users, and regulators — that the digital asset space will be held to strong standards of governance and protection.
The Court’s ruling not only protects the rights of individual investors but also strengthens the broader regulatory framework around digital assets.
By recognising cryptocurrency as property, the judgment fills a crucial legal gap in a country where tax enforcement on crypto remains strict, but investor protections have lagged.
As Justice Venkatesh wrote, courts now serve as the “central stage where the future of digital value is debated.”
Through this ruling, the Madras High Court has given India a clearer picture of ownership, responsibility, and trust in the age of decentralisation.
With cryptocurrency in India now firmly recognised as property under Indian law, the decision marks a turning point for the country’s digital asset ecosystem — affirming that in India, crypto holdings are not just speculative instruments but protected assets under the law.
The post Cryptocurrency is as ‘property’ under Indian law, rules Madras High Court appeared first on CoinJournal.
Bitplanet has made history in South Korea’s financial landscape by becoming the nation’s first publicly traded company to purchase Bitcoin (BTC) through a regulated domestic exchange.
The KOSDAQ-listed technology firm recently acquired 92.67 BTC — worth approximately $10.9 million — marking a new chapter in the country’s corporate embrace of digital assets.
The BTC acquisition positions Bitplanet as a pioneer in compliant Bitcoin adoption within Asia’s evolving financial ecosystem.
For the past month, @Bitplanet_KR has been quietly building the most reliable and compliant Bitcoin treasury infrastructure in Korea — culminating in becoming the first public company to purchase Bitcoin directly through a licensed domestic crypto exchange. As of October 26,… pic.twitter.com/hEmpvh9fUL
— Bitplanet Inc. (@Bitplanet_KR) October 26, 2025
It is the first time a listed company has acquired Bitcoin through a licensed exchange within the country’s regulated financial infrastructure.
Executed entirely under the supervision of South Korea’s Financial Intelligence Unit (FIU), the transaction signals growing confidence among institutional investors that Bitcoin can serve as a legitimate, strategic treasury asset.
The Seoul-based company described the move as a deliberate, rules-based initiative rather than a speculative trade.
Co-CEO Paul Lee explained that the purchase marks the start of a disciplined, long-term accumulation plan designed to reduce timing risks while positioning Bitcoin as a strategic treasury reserve.
The transaction was executed fully in compliance with domestic financial laws, a milestone that could encourage other listed companies to follow suit.
Notably, the timing of Bitplanet’s move coincided with a strong rally in Bitcoin prices, which recently climbed above $115,000 amid optimism about US Federal Reserve rate cuts and increasing exchange-traded fund (ETF) inflows.
By choosing this moment to make its first acquisition, Bitplanet demonstrated not only market awareness but also confidence in Bitcoin’s long-term role as a corporate asset.
Founded in 1997 as SGA Co., Ltd., Bitplanet has deep roots in IT, cybersecurity, and education technology services.
The company rebranded in September 2025 to reflect a broader shift toward blockchain and Bitcoin-focused ventures.
Its pivot follows the full $50 million acquisition of SGA earlier in the year and the completion of a $40 million fundraising round to support its new treasury strategy.
This strategic transformation underscores Bitplanet’s vision of becoming South Korea’s first institutional-grade Bitcoin treasury company.
The firm has developed a comprehensive infrastructure for compliant digital asset management, including regulated custody solutions, secure storage, and real-time audit systems that meet government and financial oversight standards.
Bitplanet’s management says it intends to accumulate Bitcoin daily through licensed domestic exchanges, aiming to build a reserve of up to 10,000 BTC over time.
This steady, methodical approach minimises exposure to market volatility and mirrors similar strategies employed by firms such as Japan’s Metaplanet, one of Bitplanet’s key backers.
Bitplanet’s Bitcoin strategy is supported by a global network of digital asset investors.
The firm’s backers include Simon Gerovich of Metaplanet, AsiaStrategy, Sora Ventures, UTXO Management, KCGI, Kingsway Capital, and ParaFi Capital — groups known for advancing institutional Bitcoin adoption worldwide.
Their involvement signals strong confidence in Bitplanet’s compliance-focused model and its potential to establish a new standard for Bitcoin treasury management in Asia.
Industry observers believe the company’s regulated approach could pave the way for broader corporate participation in South Korea’s growing digital asset market.
The BTC purchase also aligns with the country’s forthcoming Digital Asset Basic Act, scheduled to take effect by 2027, which will formalise the rules for cryptocurrency custody and corporate holdings.
By moving early, Bitplanet positions itself to benefit from the regulatory clarity that this law is expected to bring.
The post Bitplanet becomes South Korea’s first listed firm to buy Bitcoin (BTC) appeared first on CoinJournal.
Global payments leader Western Union is preparing to launch a pilot project that will test a stablecoin-based settlement system aimed at transforming the speed, transparency, and cost efficiency of cross-border remittances.
The initiative marks one of the company’s boldest moves yet into blockchain technology and comes at a time when traditional financial institutions are increasingly exploring digital asset solutions.
During the company’s third-quarter earnings call, CEO Devin McGranahan revealed that Western Union is “actively testing stablecoin-enabled solutions” designed to reduce the firm’s dependence on traditional correspondent banking systems.
The pilot will focus on using on-chain settlement rails to move funds more efficiently across the globe while maintaining compliance and customer trust.
McGranahan emphasised that on-chain settlements could allow Western Union to move money faster, cut operational costs, and increase transparency across its vast international network.
With more than 150 million customers in over 200 countries, the company processes roughly 70 million money transfers each quarter.
The shift to blockchain-powered settlements could mark a major leap in how it manages global liquidity and treasury operations.
Stablecoins — digital assets pegged to stable currencies like the US dollar — are increasingly viewed as a key tool for improving international payment systems.
They offer near-instant transfers and lower transaction fees, making them particularly appealing for firms that operate in regions with high remittance flows or limited banking access.
Western Union’s decision to move forward follows the passage of the GENIUS Act, a landmark US law signed in July that provides a regulatory framework for stablecoin issuers.
The law has given traditional financial institutions greater confidence to explore digital assets, reducing uncertainty around compliance and consumer protection.
McGranahan noted that the GENIUS Act has opened new doors for the company to experiment with digital assets safely and responsibly.
McGranahan said, “Historically, Western Union has taken a cautious stance toward crypto. However, with clearer rules now in place, we are seeing real opportunities to integrate digital assets into our business.”
The law’s passage has also accelerated stablecoin adoption among Western Union’s competitors and partners.
Mastercard, MoneyGram, and PayPal have each launched or announced their own stablecoin initiatives in recent months, signalling growing institutional momentum behind blockchain-based payments.
Beyond its treasury operations, Western Union is exploring partnerships that would position its global network as an on-ramp and off-ramp for digital assets.
McGranahan said the company is in discussions with potential partners interested in using its infrastructure to connect the traditional banking world with the digital asset ecosystem.
Such integration could allow customers to move seamlessly between fiat currencies and stablecoins — especially in regions with underdeveloped banking systems.
Western Union also plans to expand partnerships that enable customers to hold, send, and receive stablecoins, offering them more flexibility in managing funds and preserving value in inflation-prone economies.
The US Treasury Department estimates that the stablecoin market has already surpassed $300 billion and could reach $2 trillion by 2028.
Notably, Western Union’s initiative places it among a growing group of financial institutions seeking to capture a share of that rapidly expanding market.
While this pilot represents a major step forward, it is not Western Union’s first foray into blockchain.
The company previously tested Ripple’s XRP network for cross-border payments in 2015 and again in 2021.
It also filed multiple trademarks in 2022 for crypto-related services, signalling long-term interest in the digital asset space.
McGranahan has repeatedly stressed that the company’s goal is not just to follow industry trends but to modernise how money moves globally.
By leveraging stablecoins, Western Union aims to make international remittances faster, cheaper, and more inclusive — without compromising on trust or compliance.
The post Western Union is piloting a stablecoin-based settlement system for global remittances appeared first on CoinJournal.
JPYC Inc., a Tokyo-based fintech company, has officially launched Japan’s first yen-backed stablecoin, signalling a major shift in the nation’s approach to regulated digital assets.
The stablecoin, named JPYC, went live on October 27, 2025, following approval from Japan’s Financial Services Agency (FSA).
The stablecoin is fully backed by domestic bank deposits and Japanese government bonds, ensuring one-to-one convertibility with the yen.
The launch of JPYC marks a historic moment for Japan, making it the first country to circulate a stablecoin fully pegged to its national currency with full regulatory backing.
Alongside the stablecoin, JPYC introduced JPYC EX, a platform that enables users to issue and redeem the token.
The system follows strict identity verification and anti-money-laundering standards under Japan’s Act on Prevention of Transfer of Criminal Proceeds.
JPYC’s President, Noriyoshi Okabe, described the launch as a “major milestone in the history of Japanese currency.”
He said the initiative has already attracted interest from seven companies preparing to incorporate the coin into their services.
The company aims to issue up to 10 trillion yen worth of JPYC within three years while promoting it for both domestic and international use.
To encourage adoption, JPYC will not charge transaction fees initially. Instead, it will earn revenue from interest accrued on Japanese government bond (JGB) holdings.
Okabe explained that the goal is to reduce settlement costs and support innovation by offering businesses a low-fee digital transaction system.
According to a credible source, Japan’s three largest banks — Mitsubishi UFJ Financial Group, Sumitomo Mitsui Banking Corporation, and Mizuho Bank — are also preparing to launch their own yen-backed stablecoins on October 31.
Their joint initiative will use MUFG’s Progmat platform to facilitate corporate settlements, connecting hundreds of thousands of payment terminals across Japan.
Experts say these institutional moves could accelerate stablecoin adoption.
Tomoyuki Shimoda, a former Bank of Japan executive and current academic at Rikkyo University, believes that while yen-based stablecoins may take two to three years to achieve widespread use, megabank participation could quicken the pace.
But despite optimism, regulators and policymakers are treading carefully.
The Bank of Japan’s Deputy Governor, Ryozo Himino, has acknowledged that stablecoins could become “a key player in the global payment system,” potentially altering the role of traditional bank deposits.
However, officials remain cautious about the risks of funds flowing outside regulated financial systems.
The global stablecoin market, valued at over $286 billion, is currently dominated by dollar-pegged assets like Tether’s USDT and Circle’s USDC, which make up around 99% of total supply.
The introduction of a fully yen-backed digital currency represents Japan’s first significant step toward diversifying that landscape.
JPYC’s launch also reflects Japan’s broader ambitions to modernise its financial infrastructure.
By leveraging blockchain technology and government-backed reserves, the firm hopes to build trust in digital payments and enhance cross-border interoperability.
As other Asian economies such as South Korea and China explore similar initiatives, Japan’s early move could position it as a regional leader in stablecoin innovation.
JPYC’s no-fee model, backed by government bonds and regulatory approval, sets a unique precedent for how digital currencies can coexist with traditional financial systems.
The post JPYC Inc. launches first yen-backed stablecoin alongside issuance and redemption platform appeared first on CoinJournal.
Elon Musk’s space exploration company, SpaceX, moved more than $133 million in Bitcoin on Friday, according to the blockchain analytics firm Arkham Intelligence.
The significant on-chain transfer is the latest in a series of recent moves from the company after a more than three-year period of wallet inactivity.
The transaction has sparked fresh speculation in the market, though it is not immediately clear why the funds were transferred or if the company has any intention of selling a portion of its substantial Bitcoin holdings.
Arkham Intelligence reported that SpaceX transferred a total of 1,215 Bitcoin in two separate transactions to new wallets. “SpaceX just moved funds totalling $133.7 million,” the analytics firm posted.
They transferred 300 BTC ($33M) and 915 BTC ($100.7M) to new wallets.
The move comes just days after the company shifted a similar amount of Bitcoin between addresses that it controls.
ARKHAM ALERT: SPACEX MOVING $130M $BTC
SPACEX JUST MOVED FUNDS TOTALLING $133.7M. THEY TRANSFERRED 300 BTC ($33M) AND 915 BTC ($100.7M) TO NEW WALLETS
THIS COMES 3 DAYS AFTER THEIR LAST MOVE OF 100 BTC pic.twitter.com/YplK8QAdvn
— Arkham (@arkham) October 24, 2025
Unlike those earlier transfers, Arkham noted that the new receiving wallets are not currently labeled as belonging to the Hawthorne, California-based firm.
Prior to these recent transfers, SpaceX held 8,285 BTC, worth approximately $914 million at current prices, making it the fourth-largest privately held corporate holder of Bitcoin, according to data from BitcoinTreasuries.net.
The company’s on-chain history shows that its holdings were once much larger.
In 2022, addresses labeled as belonging to the aerospace firm held as much as 25,000 BTC, but that number dropped to its current level of 8,285 BTC in June of that year.
Following those moves, SpaceX did not register any further on-chain activity until earlier this year, when it began consolidating some of its Bitcoin holdings.
Another of Musk’s companies, the electric vehicle and robotics firm Tesla, also maintains a strong connection to Bitcoin.
The company currently holds 11,509 BTC, worth more than $1.27 billion, placing it just outside the top 10 publicly traded companies with Bitcoin treasuries.
Earlier this year, Tesla re-valued its Bitcoin holdings based on new accounting rules, a move that allowed it to book more than $600 million in quarterly profits as the price of BTC rose following the election of President Donald Trump.
As of Friday, the price of Bitcoin was down modestly on the day, trading at $110,541.
A representative for SpaceX did not immediately respond to a request for comment on the purpose of the transfers.
The post Why Elon Musk’s SpaceX transferred $133M in Bitcoin appeared first on CoinJournal.
Bitcoin Magazine
Bitcoin Price Jumps to $111,000 as Softer CPI Data Fuels Rate-Cut Bets
Bitcoin price surged past $111,000 today after new U.S. inflation data showed a milder-than-expected rise in consumer prices, strengthening expectations that the Federal Reserve will move ahead with additional rate cuts this year.
The Consumer Price Index (CPI) rose 0.3% month-over-month in September, below economists’ forecasts of 0.4%, while “core” CPI — excluding food and energy — rose just 0.2%, also softer than expected.
On a year-over-year basis, both headline and core inflation registered 3.0%, slightly below estimates.
The release, delayed 10 days by the ongoing government shutdown, was one of the few major economic reports to make it out this month. An exception was made due to a legal requirement for the Social Security Administration to publish its annual cost-of-living adjustment.
The data reaffirmed market expectations for a 25 basis point rate cut at next week’s Federal Reserve meeting and another in December, which would bring the policy rate down to a 3.75–4.00% range.
On Polymarket, there is a 97% that of a 25 basis point cut next week.
BREAKING:
— Bitcoin Magazine (@BitcoinMagazine) October 24, 2025
That being said, White House press secretary Karoline Leavitt praised Friday’s CPI report for coming in below expectations but warned that the ongoing government shutdown could prevent the release of October’s inflation data next week
All other economic reports remain paused due to the shutdown that began October 1.
Treasury yields slipped and the dollar weakened following the release, while the Nasdaq 100 added nearly 1%. For Bitcoin, the softer CPI print provided fresh fuel for the rally that began earlier in the week, lifting the asset higher in early Friday trading.
Bitcoin dipped around $107,000 earlier this week as analysts from VanEck and Standard Chartered maintained a bullish outlook despite recent volatility.
Standard Chartered’s Geoffrey Kendrick predicted a brief dip below $100,000 soon amid U.S.–China tensions but saw it as a final buying opportunity before a rebound toward $200,000 by year-end.
VanEck’s ChainCheck report described October’s 18% correction as a liquidity-driven mid-cycle reset, not a bear market.
Analysts noted normalized leverage, strengthening macro demand, and growing institutional activity. VanEck said deleveraging cleared speculative excess, creating entry opportunities as Bitcoin’s role as an “anti–money printing” asset deepened.
Bitcoin’s current price is about 13% below its peak of roughly $126,000, reached earlier in October on October 6, 2025.
This post Bitcoin Price Jumps to $111,000 as Softer CPI Data Fuels Rate-Cut Bets first appeared on Bitcoin Magazine and is written by Micah Zimmerman.
Bitcoin Magazine
Why the Bitcoin Price May Be Decoupling From Its Four-Year Cycle
Has the bitcoin price finally broken away from its four-year cycle pattern, or is this bull market already entering exhaustion? By studying historical growth rates, liquidity data, and macroeconomic correlations, we can better understand whether the current cycle has truly diverged, and what that means for investors in the months ahead.
Analyzing BTC Growth Since Cycle Lows, we can see that Bitcoin has now officially surpassed the elapsed time from cycle low to cycle high seen in previous bull markets. The 2018–2022 cycle peaked 1,059 days after its prior bear market low, and the current cycle has now moved beyond that duration. If we average the elapsed time across the last two full market cycles, Bitcoin has already exceeded the historical mean and is on the verge of surpassing even the 2017 cycle length in the coming days.
Historically, Bitcoin’s four-year cycle was rooted in its halving events, where the block reward, and thus the inflation rate, was cut in half. Each halving triggered a sharp supply shock, driving major bull markets. However, this cycle has behaved differently. Following the most recent halving, Bitcoin experienced five months of sideways consolidation rather than the explosive post-halving rallies seen previously. While price has since made notable gains, momentum has been weaker, leading many to ask whether the halving has lost its influence.
With the current Circulating Supply already exceeding 95% of the 21 million ultimate total supply of Bitcoin, the marginal supply reduction may no longer be as significant. Today, miners distribute roughly 450 newly created BTC per day, an amount easily absorbed by a handful of institutional buyers or ETFs. That means the halving alone may no longer be the dominant driver of Bitcoin’s market cycles.
When we view Global M2 Money Supply versus BTC on a year-on-year basis, a clear pattern emerges. Each major Bitcoin bottom has aligned almost perfectly with the trough of Global M2 liquidity growth.
If we map the Bitcoin halvings and the M2 troughs side by side, we see that halvings typically lag the liquidity cycle, suggesting that liquidity expansion, not halving events, may be the true catalyst for Bitcoin’s rallies. This isn’t unique to Bitcoin. Gold has shown the same behavior for decades, with its price performance closely mirroring the rate of Global M2 expansion or contraction.
A key part of this liquidity story lies in the U.S. Dollar Strength Index (DXY). Historically, BTC versus DXY on a year-on-year basis has been almost perfectly inversely correlated. When the dollar strengthens year-on-year, Bitcoin tends to enter bear market conditions. When the dollar weakens, Bitcoin begins a new bull market. This inverse relationship also holds true for Gold and equity markets, underscoring the broader debasement cycle thesis that as fiat currencies lose purchasing power, hard assets rapidly appreciate.
Currently, the DXY has been in a short-term uptrend, coinciding with Bitcoin’s recent consolidation. However, the index is now approaching a key historical resistance zone, one that has previously marked major turning points and preceded prolonged DXY declines. If this pattern holds, the next major drop in dollar strength could trigger a renewed upcycle for Bitcoin.
Comments from Federal Reserve Chair Jerome Powell recently hinted that the era of balance sheet contraction (quantitative tightening) may be nearing an end. Looking at the Fed Balance Sheet versus BTC, the start of balance sheet expansion and renewed quantitative easing has historically coincided with major upward moves in Bitcoin and equity markets alike.
During the two years following previous Fed balance sheet expansions, the S&P 500 averaged a 47% return, more than five times the average two-year performance during neutral periods. If we are indeed entering a new easing phase, it could not only prolong Bitcoin’s current cycle but also set the stage for a liquidity-driven melt-up across risk assets.
Bitcoin has now outlasted the timeframes of its previous two cycles, leading many to question whether the four-year rhythm still applies. But when we step back, a different narrative emerges, one driven not by programmed scarcity, but by Global liquidity, fiat debasement, and macro capital flow. The “four-year cycle” may not be broken, but it may have simply evolved.
If the U.S. Dollar weakens, the Fed pauses tightening, and Global M2 growth accelerates, then Bitcoin likely still has room to run. For now, as always, the best approach remains the same: react, don’t predict. Stay data-driven, stay patient, and keep your eyes on liquidity.
For a more in-depth look into this topic, watch our most recent YouTube video here: Where Are We In This Bitcoin Cycle
For deeper data, charts, and professional insights into bitcoin price trends, visit BitcoinMagazinePro.com.
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Disclaimer: This article is for informational purposes only and should not be considered financial advice. Always do your own research before making any investment decisions.
This post Why the Bitcoin Price May Be Decoupling From Its Four-Year Cycle first appeared on Bitcoin Magazine and is written by Matt Crosby.
Zelle, the payments processor that is widely used by millions of Americans for instant peer-to-peer (P2P) transfers, will now use stablecoins to power international transactions.
Notably, the move, announced by Zelle’s parent company Early Warning Services, underscores how digital tokens backed by fiat currencies are rapidly reshaping global finance.
For years, Zelle has been a staple of domestic banking apps, allowing users to send and receive money in seconds.
Now, Early Warning Services says it will expand that speed and reliability to cross-border transfers using stablecoins.
The initiative aims to make international payments as seamless as Zelle’s domestic ones — faster, cheaper, and more dependable than traditional methods.
“Zelle transformed how Americans send money at home,” said Early Warning CEO Cameron Fowler.
“Now, we’re beginning the work to bring that same level of speed and reliability to Zelle consumers sending money to and from the United States.”
Fowler added that the company is investing where “consumer need, bank capability, and global opportunity intersect.”
Early Warning Services, jointly owned by Bank of America, JPMorgan Chase, Wells Fargo, Capital One, PNC, Truist, and US Bank, said the initiative will be available to all financial institutions in the Zelle Network.
The company, which partners with more than 2,500 banks and credit unions, described the new program as a foundation for “faster and more reliable cross-border money movement.”
Zelle’s international expansion comes amid a friendlier regulatory climate for digital assets in the United States.
The US GENIUS Act, signed into law earlier this year, created a federal framework for issuing and overseeing stablecoins.
Early Warning CEO said that with clearer rules, Zelle can innovate “more quickly” and focus on safely scaling its network across borders.
Under the Trump administration, regulators have taken a more accommodating stance toward blockchain-based assets.
That clarity has encouraged not only Zelle’s parent company but also major corporations like Amazon, Meta, and PayPal to explore their own stablecoin projects.
And the timing is right. According to market data from Myriad, the total capitalisation of stablecoins stands at $312 billion and is projected to exceed $360 billion by January 2026.
Standard Chartered recently estimated that stablecoins could shift as much as $1 trillion in deposits away from banks in emerging markets within three years.
In addition, Zelle’s decision also reflects intensifying competition in global payments.
Fintech players such as PayPal, Revolut, and MoneyGram have already built cross-border offerings that appeal to younger, digital-first users.
Traditional remittance providers like Western Union face growing pressure as new technology makes international transfers faster and less expensive.
Despite entering the peer-to-peer space later than Venmo or Cash App, Zelle quickly became a dominant force in domestic payments.
It now processes roughly twice as many daily transactions as Venmo and five times as many as Block’s Cash App.
That scale gives Early Warning Services confidence that its stablecoin-powered model can compete globally, backed by the trust and regulatory credibility of the US banking system.
The post Payment processor Zelle taps stablecoins for cross-border payments appeared first on CoinJournal.
After a steep correction that erased much of its September gains, the Avantis price has staged an impressive rebound, rising 73% over the past week and 31.9% in the last 24 hours.
The AVNT token is now trading around $0.86, still nearly 59% below its September peak of $2.66.
While the recovery has rekindled investor optimism, the question remains — can this rally hold, or is it merely a temporary reprieve in a larger downtrend?
Despite the sharp recovery, large investors appear hesitant to jump back in.
On the daily chart, the Chaikin Money Flow (CMF), a key indicator of whale participation, remains below zero, showing that major wallets are not yet accumulating AVNT.
Historically, the Avantis price has moved in tandem with whale inflows; its September surge to an all-time high coincided with CMF turning positive.
Since the indicator slipped below zero on September 26, the market has seen sustained selling pressure.
While CMF has slightly improved in recent sessions, the momentum is weak.
The lack of significant whale support casts doubt on the rally’s durability.
For a genuine reversal to take hold, CMF needs to cross decisively into positive territory, confirming renewed institutional confidence.
From a technical standpoint, Avantis appears to be trying to flip its bearish script.
The token recently broke out of a falling wedge pattern on the 12-hour chart, a formation often associated with a trend reversal.
The Relative Strength Index (RSI) sits at 52.1, and the MACD histogram has turned slightly positive at +0.0088 — both signs of growing bullish momentum.
However, beneath these signals lies a warning.
Between October 10 and 21, the Avantis chart formed a hidden bearish divergence, where prices made lower highs while RSI posted higher highs.
This pattern can foreshadow weakening upside pressure.
A close above $1.00 would invalidate this bearish setup, confirming stronger buying interest.
Until then, traders remain cautious, especially with key support anchored around $0.57.
Fundamentally, Avantis’ ecosystem continues to show progress.
The project’s Total Value Locked (TVL) recently surpassed $111 million, up more than 430% in a month.
Much of this growth stems from its synthetic asset trading platform on Base Chain, which has attracted new liquidity and users.
The development of composable yield products is also boosting engagement, as AVNT’s staking and governance features tie directly to network revenue.
This rise in TVL not only reflects increasing adoption but also suggests stronger underlying demand for the AVNT token.
The platform’s expansion reinforces its long-term utility case, even as short-term market sentiment fluctuates.
AVNT’s recent listings on Binance, Upbit, and Coinbase have dramatically increased liquidity, with daily trading volume now exceeding $307 million — roughly 2.4 times its market capitalisation.
Such high turnover indicates speculative enthusiasm, but it also underscores the market’s instability.
Following the listings in September, AVNT soared by nearly 400% before correcting by 60% in the weeks that followed.
The current rebound, though encouraging, remains fragile unless sustained by organic demand rather than short-term trading.
In the short term, all eyes are on whether the Avantis price can maintain momentum above the $1.00 resistance.
Breaking this level would signal the start of a broader trend reversal and could open the path toward $1.32 and potentially $2.66 — the previous all-time high.
Failure to hold above $0.57, however, could invite renewed selling and a retest of lower levels near $0.46.
The post What next for Avantis price after the 73% recovery? appeared first on CoinJournal.
ApeCoin price has showed a sharp intraday today, but the gains mask fragile market dynamics.
While traders cheer the 16.2% 24-hour jump and burst in volume, multiple indicators point to follow-through risk.
ApeCoin has posted a notable breakout above short-term moving averages, briefly crossing the 7-day SMA and the 30-day EMA.
The MACD histogram has flipped positive, and the RSI-7 has moved out of the oversold territory, giving traders a short-term bullish signal.
The trading volume has also spiked dramatically to roughly $147 million, an increase that accompanied the price surge and amplified market attention.
However, deeper trend metrics tell a different story.
On higher timeframes, APE still trades below its MA-20, MA-50, and the MA-200, which keeps the longer bias tilted toward sellers.
Several momentum indicators remain inconsistent: some show bullish crossovers, while MACD on daily charts and ADX readings suggest persistent bearish momentum.
That mix creates whipsaw risk for momentum traders.
ApeCoin’s market sentiment improved after a US court ruling in early October that reduced regulatory overhang by finding APE and related NFTs did not meet the Howey Test criteria.
Following the ruling, crypto exchanges publicly reaffirmed support, and institutional concern eased.
There is no doubt that the court ruling removed a headline risk that had weighed on price discovery for months.
However, legal clarity alone does not guarantee sustained demand.
Institutional adoption requires clear use cases and measurable on-chain activity.
The expansion of Rapid ApeCoin Integration Deployment (R.A.I.D.) to networks such as Solana and Hyperliquid created new pathways for DeFi usage and gasless experiences.
These integrations broaden APE’s utility narrative and paved the way for new product experiments.
However, reported TVL across those integrations was modest, implying speculative trading drove much of the volume surge.
The market reaction underscores a familiar pattern: headline integration announcements can trigger big short-term price moves, while real adoption takes time.
Until developers and users materially increase activity, price appreciation will remain vulnerable to profit-taking and broader crypto market moves.
Key technical thresholds are straightforward and actionable. Analysts point to $0.459 as a critical support level to sustain bullish momentum.
According to CoinLore, a confirmed move above $0.4841 would open room toward higher resistance at $0.6660 and then $0.8718.
Conversely, downside scenarios grow if APE fails to hold above $0.459, or if it drops toward the $0.3402–$0.3953 five-day expected range.
An additional event to monitor is the scheduled 200 million token unlock at the end of October.
That token unlock could increase selling pressure and test the market’s ability to absorb newly liquid supply.
Traders should treat the unlock as a near-term macro event that could constrain rallies.
The post ApeCoin price forecast: weak bullish momentum signals risk ahead appeared first on CoinJournal.
Major cryptocurrencies including Bitcoin, Ethereum, BNB, Solana, and XRP have maintained steady prices despite Wall Street’s robust reaction to a key economic data release.
As such, the cryptocurrency market was largely muted on Friday October 24, 2025, with an initial price spike following the release of the US Consumer Price Index (CPI) report failing to flip into notable gains.
While several coins traded in the green, the subdued action meant the global crypto market capitalization, per CoinGecko, remained at $3.81 trillion.
Sentiment was still largely negative as the Fear & Greed index hovered at 32 and was in fear territory.
Meanwhile, global daily trading volume slipped to $153 billion.
The Bureau of Labor Statistics released the US CPI inflation report for September on Friday.
Data showed inflation was cooler than expected, with headline CPI at 0.3% and core inflation at 0.2%.
Meanwhile, both year-over-year measures for headline and core came in at 3%.
Economist Mohamed El-Erian commented on what the data says:
“This report makes a Federal Reserve rate cut next week highly probable. What happens beyond that, however, will depend on subsequent data, primarily confirmation of a softening labor market and continued disinflation.”
Stocks however, soared amid the report and a host of other bullish factors.
Bitcoin traded to highs of $111,842 before quickly retreating to $110,500.
Ethereum on the other hand, rose slightly to near $4,000 before revisiting $3,870 and settling just above $3,900.
Despite the cooling inflation data, analysts see a 99% likelihood of a Federal Reserve rate cut on October 29.
This will feed into risk asset appeal and both BTC and ETH could rally past key supply walls around $115k and $4,250.
BNB, the native token of Binance, has maintained its price at $1,106, with negligible movement post-CPI.
The token is benefiting from Binance’s dominance in spot trading, and the news of President Donald Trump’s pardon of founder Changpeng Zhao buoyed the broader market.
Congratulations to my friend @cz_binance. Trump has corrected a grave injustice. The weaponization of the justice department against our industry and its entrepreneurs should have never happened. It was and still is a deep wound that will take a long time to heal https://t.co/OirXN3fSZC
— Charles Hoskinson (@IOHK_Charles) October 23, 2025
BNB price moved from lows of $1,048 to near $1,150 on October 24 before settling near the psychological $1,000 mark.
Both Solana and XRP held steady at $190 and $2.49, respectively.
Network activity, partnerships and acquisitions have complemented sentiment built around spot ETF anticipation and treasury strategy moves.
However, SOL and XRP are below the key buy zones of $200 and $3.00, respectively.
Confidence could skyrocket if bulls take out bears at these levels.
News that Ripple is one of the crypto titans bankrolling donations for Trump’s White House ballroom project see XRP get further limelight.
The post Crypto wrap: Bitcoin, Ethereum, BNB, Solana, and XRP muted after CPI report appeared first on CoinJournal.
Aster DEX, a decentralized exchange backed by YZi Labs and linked to Binance co-founder Changpeng Zhao, has unveiled a significant buyback initiative to bolster its native token, ASTER.
Announced earlier today, the plan proposes allocating 70-80% of Season 3 fees toward ASTER buybacks, contingent on market conditions.
However, despite this bold move, market data and technical outlook suggest that ASTER faces substantial risks of dipping below the critical $1 psychological support level.
The ASTER token is currently trading at $1.06, just in the red.
However, the DEX token faces notable selling pressure as has been seen in the past week and month.
On Friday, the cryptocurrency failed to climb despite earlier gains.
Intraday upticks saw the altcoin’s price reject in the $1.12 and $1.15 region, with gains and the subsequent selling pressure coming amid a major ASTER buyback announcement.
Buyback Announcement:
ASTER is currently targeting 70-80% of S3 fees for $ASTER buybacks, exact allocation will depend on market conditions and final results will be released following conclusion of S3.
As a growing project, and in these uncertain market conditions, it’s…
— Aster (@Aster_DEX) October 24, 2025
Aster fell amid negative news on Thursday. Today, the token’s price action reflects a fragile market, with technical indicators pointing to potential downside risks.
Notably, Aster has lost over 55% of its value since the peak of $2.42 reached in September.
The rally that saw the exchange platform challenge and even surpass Hyperliquid in volume has dissipated, and the altcoin’s 24-hour trading volume, while robust, has dropped below $800 million.
Market sentiment is further strained amid overall crypto action.
On Friday, following high anticipation, the Bureau of Labor Statistics released the Consumer Price Index inflation for September.
After an initial uptick alongside stocks, Bitcoin and Ethereum as well as most cryptocurrencies showed subdued action.
The US CPI report, which indicated cooling inflation, failed to inspire sustained bullish momentum across the crypto sector.
While the Dow Jones Industrial Average had spiked by over 530 points as of writing, Bitcoin failed to rally above $111,000, and ETH pared gains from near $4,000.
Aster price signalled a similar outlook despite the team’s buyback announcement.
Technical indicators highlight that the current price is at a critical support zone.
A downturn below $1.03 means bears could strengthen in the $0.93-$0.97 region. ASTER could drop to lows of $0.90.
Meanwhile, robust resistance lies in the $1.12-$1.15 zone, with a break to above $1.24 potentially triggering an upward momentum toward $1.52 and then $1.60.
In any case, ASTER’s ability to hold above $1 is crucial for this bullish outlook.
The buyback plan’s execution and broader market stabilization will be key for buyers.
The token’s institutional backing and multi-chain architecture may also offer a foundation for recovery.
However, the overall crypto market outlook suggests uncertainty could deter short-term holders.
The post Aster price risks dip below $1 despite major buyback plan appeared first on CoinJournal.
Cryptocurrencies maintained mild bullishness on Friday as Trump pardoned Changpeng Zhao, and JPMorgan introduced BTC and ETH collateral fueling momentum.
The global crypto market capitalization saw a modest 0.8% hours to $3.73 trillion.
As altcoins displayed mixed performance, Pump.fun’s native coin stole the show with an impressive jump.
PUMP increased from $0.003757 low on its daily chart to a $0.004179 intraday peak – an 11.23% uptick.
The digital coin’s bullish momentum coincides with an optimistic announcement from the Launchpad.
The Solana-based token generator has confirmed buying PadreApp, a flourishing multi-chain trading terminal that supports Ethereum, Solana, Base, and BNB Chain.
Pump.fun’s team expressed excitement about the acquisition, stating:
The Padre team is exceptional builders who have been building in crypto for multiple cycles and have always put users first. With our resources and unique position as the most dominant and innovative Launchpad, Padre will be able to unlock more edge for traders than any competitor.
we're excited to announce that pump fun has acquired @PadreApp
Padre is an industry leading trading terminal which provides a seamless, high-speed trading experience with next level analytics for professional traders on Solana, BNB Chain, Base, and Ethereum L1
read more 👇 pic.twitter.com/Oq3EPuGjTk
— pump.fun (@pumpdotfun) October 24, 2025
Notably, the Padre App has gained traction for its high-speed trading performance, innovative analytics, and seamless user experience.
Such perks make the application a reliable tool for active traders, catering to experienced and new players.
Thus, the purchase positions Pump.fun to capture more engagement and trading volume, essential factors in the competitive blockchain industry.
PadreApp is a new entrant in the institutional-grade trading sector.
It has attracted a loyal community due to its innovativeness.
Pump.fun highlights the application’s competitive fees, cashback system, high-end user experience, support for traders, and advanced core technology.
why Padre?
despite Padre being one of the newest entrants in the pro-trading scene, they're already one of the most popular tools because of
– the best user experience
– most rewarding cashback & competitive fees
– best dedicated support for traders
– strongest core technology— pump.fun (@pumpdotfun) October 24, 2025
According to the Pump.fun team:
Padre is an industry-leading trading terminal which provides a seamless, high-speed trading experience with next-level analytics for professional traders.
Pump.fun declared that Padre will continue running as normal, enabling individuals to buy and sell assets on all leading DEXs and launchpads on Ethereum L1, Base, BNB Chain, and Solana.
Moreover, the application will maintain its ultra-fast shipping.
Meanwhile, users will experience various changes, including enhanced user experience for all coins launched on Pump.fun, magnified trading incentives, and improved speed and data.
Most importantly, the PADRE token will discontinue as it lacks utility on the platform.
The changes aim to advance Padre, making it a powerful tool for retail and professional traders within Pump.fun’s expanding ecosystem.
Pump.fun’s native token exhibited a bullish bias amidst the acquisition updates.
It is trading at $0.004016 after correcting from intraday highs.
While buyers dominate the short-term outlook, the 13% decline in 24-hour trading volume suggests weakness.
Thus, PUMP might erase the gains, especially as selling pressure overwhelms the broader market.
Technical indicators also suggest short-lived gains for PUMP.
The 1H Moving Average Convergence Divergence demonstrates buyer exhaustion as red histograms surface.
Moreover, the RSI suggests weak momentum.
Nevertheless, extended overall market recoveries will fuel continued PUMP rallies.
The post PUMP rallies 11% as Pump.fun acquires PadreApp to advance multi-chain trading appeared first on CoinJournal.
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:
Coinbase’s buying sprees seem to come in spurts, according to the data.
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.
Illustration: Dom Guzman
SpaceX's Bitcoin wallet activity suggests strategic asset management, potentially impacting market perceptions and institutional crypto adoption.
The post Elon Musk’s SpaceX moves over $130M in BTC to new wallets with small transfer to Coinbase Prime appeared first on Crypto Briefing.
The Uniswap Foundation has awarded blockchain infrastructure company Brevis a significant grant in efforts to fuel the adoption of its recent upgrade, Uniswap 4.
According to today’s official blog, the foundation plans to allocate up to $9 million to launch and manage an innovative Hooks Routing Rebate program.
The new initiative offers gas rebates to routers that have integrated v4’s hooked pool.
Notably, the grant aims to hasten Uniswap’s version 4 adoption.
The announcement indicated:
To accelerate v4 hook adoption and make aggregator integration more rewarding, Uniswap has awarded a grant to Brevis to leverage its ZK Data Coprocessor and zkVM to deliver trustless gas rebates to any routers that route order flow through v4 hooked pools.
🚀 @UniswapFND has awarded Brevis a grant to build a trustless gas rebate program for v4 routers!
Up to $9M in rebates for DEX aggregators integrating v4 hooked pools. All calculations verified by Brevis ZK proofs.
Here's what we're building 🧵 pic.twitter.com/7o4uLVPGCT
— Brevis (@brevis_zk) October 24, 2025
The decentralized trading protocol released its V4 update early this year, introducing advanced features like hooks – which are modules that developers can use to personalize liquidity pools.
Moreover, V4 launched a singleton infrastructure that merges pools under a single contract.
These upgrades introduced friendly fees, on-chain automation, and enhanced experience for decentralized application (dApp) developers.
Furthermore, v4 promised traders reduced slippage, lowered fees, and more efficient trade execution.
The January 31 blog read:
Beyond customizability, Uniswap v4 provides gas savings for both swappers and LPs. Creating new pools with v4 is up to 99.99% cheaper than in previous versions, and swappers can expect gas savings on multi-hop swaps.
Besides introducing new advancements, the upgrade brought new challenges for decentralized aggregators like Velora, 1inch, and 0X.
Decentralized aggregators are platforms that find the top trade routes by combining liquidity across different DEXs.
Previous versions had easier integrations.
For instance, Uniswap v2 adopted a constant-product approach, whereas version 3 amplified complexity through concentrated liquidity and fee tiers.
Nonetheless, v3 still ensures a consistent model.
Meanwhile, the much-awaited Uniswap version 4 allowed each pool to function independently based on the hooks it utilizes.
With that, hooks could introduce new execution ideas, apply special trading conditions, and adjust fees.
That offers the flexibility that boosts integration.
However, it made everything demanding and complex, as aggregators should familiarize themselves with how every personalized pool functions before using it to route trades.
That’s where the new rebate program by the Uniswap Foundation comes in.
The initiative allows the interoperable protocol to incentivize routers that integrate hooked pools successfully, offering up to $9 million in gas rebates.
Users will receive the rewards automatically according to their routing activity.
Meanwhile, these rebates can lower trading fees, fund ecosystem developments, and offset gas expenses.
The team said:
These rebates provide routers new economic relief to experiment with v4 hooks. Whether routers use them to offset their own operating costs, pass rebates back to traders as lower fees, or build sustainable treasuries, the result is the same: faster integrations, deeper liquidity, and better swap execution with reduced fees for users.
Uniswap’s native token, UNI, trades at $6.24 after an over 1% increase in the past 24 hours.
The post Uniswap Foundation (UNI) awards Brevis $9M grant to accelerate V4 adoption appeared first on CoinJournal.
XRP price has become the focal point of heated debate after the token slid roughly 15% over the past month while the Bitcoin price barely moved.
Market commentators and analysts are asking why XRP would suffer such a steep pullback when the broader market appeared comparatively steady.
The answer, they say, lies in correlation dynamics, liquidations, regulatory lag and nascent institutional activity.
In October, both Bitcoin and XRP rallied, with Bitcoin staying above the six-figure levels and XRP flirting with the $3 mark.
Profit-taking followed quickly, and altcoins absorbed most of the pain.
Traders who had piled into XRP were hit especially hard; one stretch of trading erased about $8.13 million of leveraged positions within four hours.
That sequence amplified losses and sent XRP below the $2.50 support level it had failed to hold after the upswing.
Charles Gasparino, a senior correspondent known for market coverage, spotlighted the paradox: Bitcoin fell only about 1% over the month, yet XRP plunged around 15%.
Why is BTC down 1 percent over the past month but XRP is down 15 percent?
— Charles Gasparino (@CGasparino) October 24, 2025
The contrast underscores a structural reality where XRP has historically tracked Bitcoin’s moves but with greater intensity.
When BTC stumbles or consolidates, that sensitivity can turn into outsized downside for XRP.
Beyond short-term mechanics, a longer-term narrative is reshaping investor expectations.
Analyst Zach Rector has argued that the launch of multiple spot XRP exchange-traded funds and similar institutional vehicles could effectively remove a substantial portion of circulating supply from the market.
According to Rector, that “supply shock,” Rector says, would create the conditions for a dramatic price re-rating, with conservative models pointing to targets ranging from $5 up to double-digit territory — even as high as $12 by December 2025.
🧵Final 2025 XRP Timeline 🧵
XRP November Pump Coming ✅
$5-$12 XRP by first part of December 🚨— Zach Rector (@ZachRector7) October 22, 2025
The regulatory backdrop also matters. Bitcoin and Ethereum have benefited from cleared paths to ETF adoption that flooded both markets with fresh capital.
XRP, by contrast, still faces an unresolved approval picture for spot ETFs in many jurisdictions.
That delay has likely depressed demand from risk-averse institutional buyers and made the token more sensitive to retail flows and sentiment shifts.
At the same time, data points show growing institutional interest via derivatives: CME-listed XRP and Micro XRP futures have recorded substantial contract volumes over recent months, a sign that professional desks are increasingly engaging the token.
From a technical analysis standpoint, the $2.30 area acted as a concrete support during mid-month liquidations, and the bounce to around $2.50 suggests buyers remain interested at those prices.
A sustained break above $3.40 would, in many analysts’ views, open a path toward $5.5, and if ETF-driven supply lockups occur, upside to substantially higher levels becomes plausible.
On-chain signals constructively complicate the picture.
The XRP Ledger is approaching a major transaction milestone, nearing 100 million recorded transfers.
That activity signals ongoing utility and adoption within payments and DeFi niches where XRP has carved a role.
Such resilience in on-chain throughput can buttress confidence even when price action looks shaky.
Assessing the path forward means weighing an array of forces: correlation-driven volatility, liquidation dynamics, regulatory clarity, and institutional adoption through derivatives and potential ETFs.
Short-term traders must manage the heightened risk that comes with XRP’s amplified moves.
Long-term investors, on the other hand, should watch ETF developments and on-chain adoption as the main levers that could catalyse the next leg of momentum.
The post XRP on the edge: from 15% slump to supply shock — is a $12 breakout next? appeared first on CoinJournal.
Lower-than-expected CPI growth may ease Fed policy, boosting market confidence and supporting economic stability efforts.
The post US CPI year-over-year growth in September lower than estimates at 3% appeared first on Crypto Briefing.
Nearly four years ago, the market hit a cyclical peak under conditions that in many ways look quite similar to what we’re seeing today.
Sky-high public tech valuations. Booming startup investment. Sharply rising valuations. And, a few cracks emerging on the new offering front.
Sure, there are quite a few differences in the investment environment, which we’ll explore in a follow-on piece. For this first installment, however, we are focusing on the commonalities, with an eye to the four highlighted above.
First, both then and now, tech stocks hit unprecedented highs.
In mid-November 2021, the tech-heavy Nasdaq Composite index hit an all-time peak above 16,000. Gains stemmed largely from sharply rising tech share prices.
Today, the Nasdaq is hovering not far below a new all-time high of over 23,000. The five most valuable tech companies have a collective market cap of more than $16 trillion. Other hot companies, like AMD, Palantir Technologies and Broadcom have soared to record heights this year.
While private startups don’t see day-to-day valuation gyrations like publicly traded companies, their investors do take cues from public markets. When public-market bullishness subsides, private up rounds tend to diminish as well.
In late 2021, just like today, venture investment was going strong.
Last time, admittedly, it was much stronger. Global startup funding shattered all records in 2021, with more than $640 billion invested. That was nearly double year-earlier levels. Funding surged to a broad swathe of startup sectors, with fintech in particular leading the gains.
For the first three quarters of this year, by contrast, global investment totaled a more modest $303 billion. However, that’s still on track for the highest tally in years. The core driver is, of course, voracious investor appetite for AI leaders, evidenced by OpenAI’s record-setting $40 billion financing in March.
The pace of unicorn creation is also picking up, which brings us to our next similarity.
At the last market peak, valuations for hot startups soared, driven in large part by heated competition among startup investors to get into pre-IPO rounds.
This time around, we’re also seeing sought-after startups raising follow-on rounds in quick succession, commonly at sharply escalated valuations. Per Crunchbase data, dozens of companies have scaled from Series A to Series C within just a couple of years, including several that took less than 12 months.
We’re also seeing prominent unicorns raising follow-on rounds at a rapid pace this year. Standouts include generative AI giants as well as hot startups in vertical AI, cybersecurity and defense tech.
During the 2021 market peak, even when the overall investment climate was buzzier than ever, we did see some worrisome developments and areas of declining valuations.
For that period, one of the earlier indicators was share-price deterioration for many of the initial companies to go public via SPAC. By late 2021, it had become clear that there were numerous “truly terrible performers” among the cohort, including well-known names such as WeWork, Metromile and Buzzfeed.
This time around, the new offerings market hasn’t been quite so active. But among those that did go public in recent months, performance has been decidedly mixed. Shares of Figma, one of the hottest IPOs in some time, are down more than 60% from the peak.
Online banking provider Chime and stablecoin platform Circle have shown similar declines.
At this point, these are still generously valued companies by many metrics. But it’s also worth noting the share price direction in recent months has been downward, not upward.
Looking ahead, one of the more reliable techniques to determine whether we are approaching peak or already past is to look for more cracks in the investment picture. Are GenAI hotshots struggling to secure financing at desired valuations? Is the IPO pipeline still sluggish? Are public tech stocks no longer cresting ever-higher heights?
Cracks can take some time to emerge, but inevitably, they do.
Illustration: Dom Guzman
Market consolidation and defensive strategies may signal potential volatility, prompting traders to reassess positions for future market shifts.
The post Glassnode identifies concentrated Bitcoin selling amid market consolidation appeared first on Crypto Briefing.
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