Articles for category: Crypto

October 5, 2025

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Bitcoin Surges to New Heights: Key Price Levels to Monitor

As Bitcoin (BTC) continues its impressive ascent, recently achieving prices around $111,480.33, market participants are keenly interested in what lies ahead. With this notable surge, several critical price levels have emerged as potential focal points for traders and investors watching the cryptocurrency landscape. Among these notable thresholds, the first to consider is $126,100. This figure represents the upper boundary of an expanding range pattern that has been forming since mid-July. This level is determined by a trendline that links the highs recorded on July 15 and August 14. If Bitcoin retraces from this price point, it could spark a corrective

October 5, 2025

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Lucky Trader Turns $3K Investment into $2M on Viral BNB Memecoin

In an astonishing turn of events, a cryptocurrency trader transformed a modest $3,000 investment into approximately $2 million in just a few hours, propelled by a tweet from Binance co-founder Changpeng “CZ” Zhao regarding a new memecoin on the BNB Chain. The trader, recognized by the wallet address “0x872,” made a timely entry into the newly launched “4” ($4) token, according to insights from blockchain analytics firm Lookonchain. The surge in value represents an impressive 650-fold increase from the initial investment. Despite the remarkable upside, the trader opted to sell only a fraction of their holdings, retaining around $1.88 million

October 5, 2025

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Bitcoin Soars Past $124K, Boosting XRP, SOL, ETH, and DOGE

Bitcoin (BTC) experienced a remarkable surge during the Asian trading session on Sunday, climbing from $122,000 to $124,289 within just a matter of minutes. This increase nearly matched its previous record high of $124,429, which was achieved in August. The upswing in Bitcoin’s price can be attributed to a significant influx of investment in U.S.-listed spot exchange-traded funds (ETFs), with a striking total of $3.24 billion in net inflows recorded last week. This figure ranks as the second-highest weekly inflow ever, according to the data provider SoSoValue. In the wake of Bitcoin’s strong performance, several other cryptocurrencies also saw gains

October 5, 2025

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Bitwise’s Matt Hougan Envisions Solana as the Future Hub for Tokenization

The Chief Investment Officer of Bitwise Asset Management, Matt Hougan, recently expressed his views on Solana’s burgeoning role in the crypto space, dubbing it the “new Wall Street” for stablecoins and real-world asset tokenization. Speaking at an event hosted by Solana Labs on October 2, he highlighted the platform’s unique capabilities that make it appealing to traditional financial institutions. “I think Solana is the new Wall Street,” Hougan stated during his discussion with Solana Labs’ Akshay Rajan. He noted that while Bitcoin (BTC) remains a significant player, many Wall Street professionals view it as “very ephemeral” and challenging to fully

October 4, 2025

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Impact of Government Shutdown on Crypto Regulation: A Sector in Suspense

The recent U.S. government shutdown, which began on Wednesday, has sent ripples through the crypto regulatory landscape, putting various initiatives and discussions on pause. With non-essential federal employees furloughed and essential staff working without pay, key decisions regarding cryptocurrency are now in a state of uncertainty. If the shutdown persists, the ramifications for crypto policy could be substantial. As it stands, the shutdown has raised immediate concerns about the progress of market structure legislation and the launch of anticipated crypto exchange-traded funds (ETFs). While a brief shutdown lasting a week or two might not drastically alter the trajectory of these

October 4, 2025

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XRP Dips Below $3 Again: Analyzing Potential Price Movements Ahead

The ongoing volatility of XRP has once again come to the forefront, as the popular cryptocurrency has slipped below the critical $3 threshold. This latest downturn marks the continuation of a pattern seen since the token’s rally in November 2024, where repeated attempts to maintain prices above the $3 mark have led to subsequent declines and corrections. On Saturday, XRP’s price made another retreat below this significant support level, coinciding with its 200-hour exponential moving average (EMA), signaling traders to reassess the market conditions. In light of this development, the question arises: how much further could XRP’s price potentially decline

October 4, 2025

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Crypto Venture Capitalists Shift Towards Caution Amid Market Maturation

In a significant shift in the cryptocurrency investment landscape, venture capitalists are adopting a more cautious approach, moving away from the previous trend of speculative investments. Sylvia To, director at Bullish Capital Management, highlighted this evolving strategy during her interview with Cointelegraph at the Token2049 event in Singapore. “Investors have become noticeably more discerning now,” To stated, emphasizing that the landscape is no longer about chasing the latest buzzword or technology. “Before, you could easily commit capital based on the excitement around new Layer 1 chains with promises of being ‘Ethereum killers.’ But the market has changed significantly since then.”

October 4, 2025

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Plasma Boosts Its DeFi Framework with Chainlink SCALE Partnership and Aave Integration

Plasma, the newly minted Layer 1 blockchain designed with an emphasis on stablecoin capabilities, has made significant strides in expanding its decentralized finance (DeFi) ecosystem. In recent moves, Plasma has allied itself with Chainlink and Aave, aiming to bolster its infrastructure and accelerate the adoption of DeFi. In a strategic enhancement that was disclosed in a press release, Plasma officially joined Chainlink’s SCALE program, positioning itself as a participant in Sustainable Chainlink Access for Layer 1 and 2 Enablement. This program is tailored to assist newcomers in the blockchain space, helping them leverage Chainlink’s services while minimizing operating costs through

October 4, 2025

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Ripple’s J. Ayo Akinyele Envisions XRP Ledger as Premier Solution for Institutional Privacy and Security

In a recent blog post, Ripple’s senior director of engineering, J. Ayo Akinyele, revealed ambitious plans for the XRP Ledger (XRPL), positioning it as the top choice for financial institutions prioritizing both innovation and confidentiality. Akinyele argues that the effective functioning of the financial system relies heavily on maintaining privacy, while acknowledging that traditional public blockchains are inherently designed to ensure transparency. Akinyele advocates for a shift towards “programmable privacy,” enabling participants to manage what information is shared, with whom, and under what conditions. This approach is intended to satisfy institutional needs for confidentiality while still meeting regulatory requirements through

October 4, 2025

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Gemini’s Saad Ahmed Predicts Continued Bitcoin Cycles Amid Market Evolution

During a recent interview at Token2049 in Singapore, Saad Ahmed, the head of the Asia-Pacific region for Gemini, shared insights on the future of Bitcoin’s notorious four-year cycle. While it’s unlikely that the cycle will replicate its historical pattern exactly, Ahmed asserts that elements of it will persist. “I think when it comes to the four-year cycle, the reality is that it’s very likely that we’ll continue to see some form of a cycle,” Ahmed remarked. He explained that the typical patterns of enthusiasm and subsequent corrections are still valid indicators of market behavior. “Ultimately, it stems from people getting