Articles for category: Crypto

October 3, 2025

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Aave Sees a 6% Surge as DeFi Market Achieves New Record Highs

Aave (AAVE), the leading token of one of the largest decentralized finance (DeFi) lending platforms, has rebounded from recent lows, breaking through critical resistance levels during Friday’s trading session. Following a robust week, the token recorded a 6% increase, currently trading around $287.47. Over the past 24 hours, AAVE saw an additional 2% climb, establishing a support zone between $284 and $285 while moving closer to the $290 mark. This positive momentum follows a broader rally across the cryptocurrency market. Bitcoin (BTC), in particular, bolstered the market’s optimism by surpassing the $122,000 threshold, edging closer to its peak recorded in

October 3, 2025

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Bitcoin and DeFi Surge as Zcash Shines in Weekly Crypto Comeback

The cryptocurrency market experienced a notable rebound over the past week, recovering from the downturn observed at the end of September. This resurgence can be attributed to increasing investor interest, particularly in safe-haven assets, amid the turbulence created by the recent U.S. government shutdown—the first in six years. Bitcoin (BTC), a leader in the digital asset space, has seen a resurgence in demand, with market analysts suggesting it could mirror gold’s profitable trajectory. According to Charles Edwards, founder of Capriole Investments, there’s potential for Bitcoin to reach an unprecedented high of $150,000 by year-end. Bitcoin’s price crossed the $120,000 threshold

October 3, 2025

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MARA Holdings Produces 736 BTC in September, Expands Treasury Holdings to 52,580 BTC

MARA Holdings (MARA), a prominent player in the Bitcoin mining sector, has announced that it successfully mined 736 BTC in September, reflecting a 4% increase over the previous month. This update comes as part of their ongoing efforts to solidify their position within the cryptocurrency landscape. As per the latest reports, MARA managed to secure 218 blocks on the Bitcoin network during September, demonstrating its active engagement in mining operations. The company has carved a niche for itself by functioning not just as a miner but also as a Bitcoin treasury management entity. Despite being classified as a net seller

October 3, 2025

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Stablecoins Soar to New Heights with $46 Billion in Q3 Growth

In a remarkable turnaround, the stablecoin sector experienced its most significant quarterly growth on record, with net creations estimated between $45.6 billion and $46 billion in the third quarter of 2023. This represents an impressive 324% increase compared to the $10.8 billion reported during the second quarter and indicates a renewed influx of capital into the crypto market. This surge can be attributed to several key players in the stablecoin sphere. Tether’s USDt (USDT) accounted for approximately $19.6 billion in new issuances, firmly maintaining its leadership position. Following closely was Circle’s USDC, which saw a net increase of around $12.3

October 3, 2025

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Bitcoin Nears $120K: Traders Anticipate Potential Short Squeeze Amid Rising Altcoin Activity

Bitcoin (BTC) is steadily approaching a significant resistance level at $120,000, aiming for new all-time highs. As of this report, Bitcoin is trading at approximately $111,480, and traders are closely monitoring the situation as bearish sentiments attempt to defend the critical price point. Recent activity in the futures market indicates a considerable increase in short positions, a move that might trigger a short squeeze if Bitcoin maintains its upward momentum. Historically, short squeezes can lead to rapid price surges, and some traders are positioning themselves to capitalize on this potential outcome. In addition to Bitcoin’s performance, the altcoin market is

October 3, 2025

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Wall Street Shifts Focus to IPO-Ready Crypto Firms, Leaving Altcoins Behind

In a notable shift, Wall Street’s interest in the cryptocurrency landscape is now gravitating towards late-stage crypto companies gearing up for initial public offerings (IPOs) rather than speculative altcoins. According to recent research from crypto financial services firm Matrixport, more than $200 billion worth of crypto firms are currently in the pipeline for IPOs, potentially raising between $30 billion and $45 billion in fresh capital. This development highlights a growing preference among investors for established, scalable firms that are poised to enter public markets. Matrixport notes that ongoing selling pressure from Bitcoin miners and early investors has significantly reduced market

October 3, 2025

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Dogecoin Resilience Tested: Support Holding at $0.251 as Traders Eye $0.264 Resistance

Dogecoin (DOGE) experienced a notable trading session, operating within a range of 5% before a late downturn caused by pressure from institutional liquidations. Despite this volatility, the cryptocurrency has managed to establish a floor at $0.251, and its recent rebound toward $0.264 indicates some underlying strength. Throughout the period from October 2, 04:00 to October 3, 03:00, DOGE fluctuated between $0.251 and $0.264, ultimately securing a modest 2.7% net gain. This period was marked by a series of intraday corrections and recoveries that traders navigated with keen interest. Analysts suggest that flows from institutional investors are the primary force driving

October 3, 2025

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Total Crypto Hack Losses Plummet 37% in Q3 2025 Amid Shifts in Attack Strategies

Total losses from crypto hacks and exploits witnessed a substantial drop of 37% in the third quarter of 2025, as attackers shifted their tactics away from smart contract vulnerabilities toward wallet breaches and operational compromises. According to information released by blockchain security firm CertiK, the amount lost to malicious activities decreased from $803 million in Q2 to $509 million in Q3, reflecting a significant reduction in security breaches. This marks a staggering decline of over 70% when compared to Q1, where hackers siphoned approximately $1.7 billion. CertiK’s analysis indicated a remarkable decrease in losses attributed to code vulnerabilities, dropping from

October 3, 2025

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BNB Surges Past $1,100, Sparks Interest in Ecosystem Tokens

BNB’s recent breakout, surging past the $1,100 mark, has shifted the spotlight to various tokens within the BNB Chain ecosystem. This price movement has piqued the interest of investors, who are increasingly looking toward protocols that facilitate fee generation and on-chain activities. The uptick in network activity can be attributed in part to endorsements from Changpeng Zhao, the founder of Binance, who has recently highlighted several BNB Chain projects. As a result, BNB, now the fifth largest cryptocurrency by market capitalization, is witnessing a renewed investor focus. Historically, when a fundamental asset like BNB experiences significant price gains, it often

October 3, 2025

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Strategy’s Bitcoin Holdings Surpass $77 Billion, Outpacing Major Banks and Nations

Michael Saylor’s cryptocurrency-focused firm, Strategy, has made headlines once again as its Bitcoin assets have reached a staggering valuation of $77.4 billion. This impressive figure now positions Strategy’s holdings higher than several prominent banking institutions and aligns with the annual economic outputs of certain countries. Reflecting on the firm’s journey, Saylor remarked, “Our journey began with $0.25 billion in Bitcoin — and an immediate $0.04 billion unrealized loss.” This latest valuation nearly doubles the firm’s assets since 2024, indicating a robust recovery and growth within the cryptocurrency market. The valuation surge correlates with Bitcoin’s resurgence, briefly touching the $120,000 mark.