bitcoinist.com

Quick Facts:

• 1️⃣ Bitwise CIO Matt Hougan compares Solana to Bitcoin, saying both offers ‘two ways to win’, through overall market growth and increasing network dominance.
• 2️⃣ Solana’s fundamentals strengthen, with a $100B+ market cap, $150M+ in ETF inflows, and upcoming stablecoin integrations like Western Union’s 2026 launch.
• 3️⃣ One of the best meme coins, Maxi Doge ($MAXI) combines humor, staking rewards (up to 79% APY), and viral community culture; positioning itself as the breakout retail play of the next bull cycle.

Bitwise CIO Matt Hougan has injected a fresh dose of attention toward Solana, calling it a crypto investment that offers ‘two ways to win.’

In a recent investor note, Hougan drew a parallel between Solana and Bitcoin. With Bitcoin, his thesis is that investors are essentially betting on two things: a growing global “store-of-value” market, and Bitcoin’s growing market share within that space.

He argued that the thesis for Solana is similar, yet subtly different. With Solana, the bet is on the stablecoin payment and tokenized assets market growing bigger over time, and Solana becoming a more dominant force within that market.

Hougan isn’t the only person who’s extremely bullish on the future of the tokenized asset market. We’ve seen BlackRock’s Larry Fink and Robinhood’s Vlad Tenev express similar sentiments.

The fundamental signals for Solana are aligning, too. Solana now commands roughly 14% of the Layer-1 market by market capitalization. Meanwhile, the new Bitwise Solana ETF (BSOL) has already pulled in over $150M in net inflows since its launch.

Even legacy institutions like Western Union are getting on board, planning to launch a stablecoin on Solana by 2026.

Matt Hougan believes this combination of a booming market and rising share for Solana could be explosive for its long-term valuation. But for smaller investors, chasing large-cap growth isn’t always the best way to the greatest returns.

As Solana’s market cap crosses $100B, many traders are shifting toward early-stage meme coins with viral appeal and faster growth potential.

Leading that wave is Maxi Doge ($MAXI): a project blending humor, community, and DeFi mechanics in a way that feels a lot like the early days of Dogecoin and Shiba Inu.

Maxi Doge ($MAXI): The Meme Coin for the Next Market Cycle

Wjat makes Maxi Doge ($MAXI) one of the best meme coins today is that this is no mere meme. It’s a full-blown movement for traders who lift charts the way they lift weights.

Branded as a ‘240-pound canine juggernaut’ of the bull market, $MAXI channels the culture of conviction and hustle that defines the new generation of retail traders.

The project blends unabashed gym-bro humor with DeFi mechanics, creating a lifestyle token where holding equals flexing. It’s built around what the team calls the ‘Leverage King’ ethos: 1000x energy, caffeine-fueled confidence, and a refusal to skip leg day or a trade.

By holding $MAXI, traders align with this ‘lift, trade, repeat’ mentality, joining a community that thrives on meme power, shared strategies, and a relentless drive to succeed.

At its core, $MAXI turns memes into momentum through gamified competitions, holder-only leaderboards, and viral marketing that pushes its reach beyond traditional crypto circles.

As capital pours into Solana and other large caps, retail traders are once again chasing tokens with real personality and virality. And $MAXI’s brand of humor, strength, and alpha energy positions it perfectly to dominate the next wave of memecoins.

$MAXI Economics: Staking, Momentum, and Long-Term Potential

Maxi Doge ($MAXI) backs its meme appeal with real tokenomics designed to reward conviction. The project’s ongoing presale has already raised nearly $4M, with tokens priced at just $0.0002655: a fraction of their anticipated post-launch value.

As an added incentive, early adopters can stake their tokens for up to 79% APY. More than half of all presale tokens are already locked in, underscoring just how bullish investors are on $MAXI’s long-term growth.

$MAXI isn’t just about hype, though. Its ecosystem blends staking incentives, community governance, and social engagement rewards, ensuring holders stay active well beyond the presale phase.

Weekly trading leaderboards and community challenges create a flywheel of engagement, turning participation itself into gains.

As capital concentrates in institutional plays like Solana, $MAXI embodies the retail energy and grassroots excitement that in the past have sparked some of crypto’s biggest breakout runs.

Join the $MAXI presale today to ride the next wave of meme-fueled growth!

Crypto investments are inherently risky, and this is not financial advice. Please always do your own research.

Authored by Bogdan Patru, Bitcoinist — https://bitcoinist.com/bitwise-compares-solana-to-bitcoin-maxi-doge

Po raz kolejny światła reflektorów skierowane zostały na Michaela Saylora i jego firmę Strategy. Największy korporacyjny posiadacz Bitcoina dokonał w zaledwie 9 godzin serię transferów 22 704 BTC. Łącznie Strategy przeniosło 2.45 mld USD. Tokeny zostały przesłane z głównych portfeli spółki na szereg niższych adresów.

Spektakularna aktywność kryptowalutowego giganta wywołała falę spekulacji w branży. Niektórzy twierdzą, że może być to początek sprzedaży. Inni z kolei stawiają na reorganizację infrastruktury do przechowywania cyfrowych aktywów.

Wyniki finansowe poniżej oczekiwań

Cały proces został dokonany zaledwie kilka godzin po tym, jak Strategy ogłosiło zysk netto na poziomie 2.8 miliarda USD za trzeci kwartał. Taki wynik przewyższył nawet prognozy Wall Street, gdzie zysk na akcję wyniósł 8,42 USD zamiast zakładanych 8,15 USD.

Strategia firmy od lat zakłada akumulację Bitcoina. Zwiększyła swoje zasoby z 597 325 BTC do 640 808 BTC. Obecna wartość zasobów firmy Strategy wynosi więc ponad 70 miliardów dolarów.

Strategy tested 9 new addresses (other than change addresses).

My guess is that this related to a custody switch.

ScriptHash address types (starting with 3) are the same as Coinbase Prime Deposits but that is not the case here because the test funds were not swept. pic.twitter.com/bbsOQlliz1

— Emmett Gallic (@emmettgallic) October 31, 2025

Podczas konferencji wynikowej Michael Saylor podkreślił, że niezmiennym priorytetem pozostaje dalsze gromadzenie BTC:

Zamierzamy nadal koncentrować się na zakupie Bitcoina, a nie na poszukiwaniu transakcji, nawet jeśli mogłyby one zwiększyć wartość spółki.

Transfery Bitcoina pobudzają wyobraźnię traderów i ekspertów

Szybkie ruchy Strategy na dużą skalę zainteresowały analityków i społeczność kryptowalutową. Ekspert kryptowalutowy Emmett Gallic zasugerował, że może to być efekt zmiany systemu przechowywania aktywów, czyli tzw. custody switch. To bardzo powszechna praktyka wśród dużych posiadaczy. Restrukturyzacja zasobów zwiększa bezpieczeństwo.

Przesunięcie kryptowalut na ogromną skalę są takżę często związaną z aktualizacją zabezpieczeń lub zmianą partnerów powierniczych. Rzadko wiąże się to z faktyczną sprzedażą.

Ważnym elementem we wspomnianych praktykach jest zachowanie adresów docelowych. W momencie, kiedy pozostają one offline, oznacza to jedynie wewnętrzne porządki, a nie sprzedaż.

Saylor jest stanowczy w swoich przekonaniach i konsekwentnie pozostaje zwolennikiem Bitcoina. Podczas konferencji Money 20/20 w Las Vegas powiedział:

Myślę, że Bitcoin będzie dalej stopniowo zyskiwał na wartości. Nasze obecne oczekiwanie jest takie, że pod koniec roku osiągnie poziom około 150 000 dolarów.

Obecny rok z rekordowymi wynikami dla Strategy

Optymistyczne prognozy na 2025 rok zostały podtrzymane. Strategy zaraportowało 26-procentowy zwrot Bitcoina od początku roku, a także wzrost wartości BTC w portfelu o 13 miliardów dolarów.

Andrew Kang, dyrektor finansowy firmy, potwierdził:

Wygenerowaliśmy 26% zwrotu z BTC oraz zysk w wysokości 13 miliardów dolarów od początku roku. Potwierdzamy nasze roczne wytyczne dla dochodu operacyjnego na poziomie 34 miliardów dolarów, zysku netto 24 miliardów i rozwodnionego zysku na akcję w wysokości 80 dolarów, przy założeniu, że cena Bitcoina na koniec roku wyniesie 150 000 dolarów.

Sprzedaż BTC jest póki co wykluczona. Firma nie tylko nie planuje sprzedaży, ale intensyfikuje swoje zaangażowanie w inwestycję w największą kryptowalutę świata.

Co ruchy Strategy oznaczają dla rynku?

Ruchy rynkowe na ogromną skalę zawsze wywołują emocje wśród inwestorów i stają się polem do dyskusji w branży. Jedni traktują to jako znach potencjalnych zmian strategicznych, inni z kolei jako procedurę techniczną.

Choć są zwolennicy teorii, że migracja aktywów, może być początkiem likwidacji, to w przypadku Strategy trudno znaleźć podstawy, by to rozważać. Słuszniejszą interpretacją jest poprawa bezpieczeństwa aktywów.

Coraz więcej firm inwestujących w kryptowaluty dąży do większej kontroli nad własnymi portfelami i wdraża nowsze technologie multi-chain oraz non-custodial, które minimalizują ryzyko zewnętrznych ataków.

Bezpieczeństwo i integracja portfeli

W kontekście globalnych trendów w zarządzaniu kryptowalutami coraz częściej pojawia się pytanie, jaki jest najlepszy portfel kryptowalut. Użytkownicy liczą przede wszystkim na wygodę i bezpieczeństwo.

Odpowiedzią na potrzeby wielu inwestorów jest Best Wallet. Jest to zaawansowany, niepowierniczy portfel multi-chain, który umożliwia kupowanie, wymianę i przechowywanie setek aktywów cyfrowych.

Użytkownicy mogą korzystać z integracji z Onramper, co pozwala uzyskać najkorzystniejsze kursy i najniższe opłaty przy zakupie kryptowalut, w tym Bitcoina, Ethereum, Solany czy Polygon.

Aplikacja Best Wallet przeszła liczne jakościowe audyty. Jej architektura oparta na technologii Fireblocks MPC zapewnia najwyższy poziom bezpieczeństwa. Wspomniane rozwiązanie i szereg innych zalet sprawia, że w oczach ekspertów Best Wallet jest jednym z najlepszych portfeli Bitcoin na rynku.

Token $BEST i rozwój ekosystemu

Cały projekt wychodzi również poza samo przechowywanie cyfrowych aktywów. W ekosystemie znajduje się także dedykowany token $BEST, który obecnie jest dostępny w przedsprzedaży. Jego posiadacze mają obniżone opłaty transakcyjne, wyższe nagrody stakingowe oraz możliwość w głosowaniu nad kierunkiem rozwoju projektu.

Token ma także zapewniać wczesny dostęp do nowych projektów i przedsprzedaży, co czyni go ciekawą propozycją dla inwestorów szukających realnych benefitów w ramach ekosystemu Web3.

Choć przeniesienia Bitcoina przez Strategy i rozwój tokena $BEST dotyczą różnych segmentów rynku, oba te wydarzenia wskazują na wspólny trend, czyli rosnące znaczenie niezależności użytkownika i bezpieczeństwa przechowywania aktywów cyfrowych.

Strategia Saylora kontra nowa generacja użytkowników

Podczas gdy Strategy operuje miliardami dolarów w aktywach i przeprowadza wewnętrzne restrukturyzacje portfeli, nowa generacja inwestorów detalicznych również stawia na przejrzystość i kontrolę nad własnymi środkami.

Ze względu na chęć bezpiecznych i przejrzystych transakcji, aplikacje w stylu Best Wallet zyskują popularność. Łączą one pełną niezależność od podmiotów trzecich z możliwością łatwego kupna kryptowalut. Jeśli zastanawiasz się, jak kupić kryptowaluty, to Best Wallet z dużą dozą prawdopodobieństwa może przypaść ci do gustu.

Ethereum ha recentemente ceduto il livello chiave dei 4.000 USD, in un contesto di crescente incertezza macroeconomica e deflussi da alcuni fondi crypto. Tuttavia, nonostante la pressione sui prezzi, emergono segnali che le istituzioni continuino ad accumulare ETH, suggerendo che la calo potrebbe essere visto come una opportunità piuttosto che l’inizio di una crisi.

Pressione sul prezzo e contesto macro

Il prezzo di Ethereum è sceso in seguito a commenti restrittivi da parte della banca centrale statunitense, che hanno alimentato il sentiment di minimizzazione del rischio. Questa discesa ha coinciso con deflussi da prodotti ETF e portafogli di investitori tradizionali, indicativi di un momento di cautela nel mercato crypto. L’uscita dal livello di 4.000 USD segna una soglia psicologica significativa, e la sua rottura ha alimentato vendite, liquidazioni e ripensamenti da parte di molti operatori.

Accumulo istituzionale nonostante il calo

Paradossalmente, mentre il prezzo fletteva, l’accumulo da parte di grandi soggetti non è diminuito. Alcuni report mostrano che le istituzioni detengono ora una quota crescente della supply totale di ETH, superando addirittura quella di Bitcoin in certi intervalli. Questo comporta che, anche se il prezzo è sotto pressione, il posizionamento strategico di lungo termine degli operatori più grandi è ancora positivo e potrebbe fornire un supporto strutturale alla moneta.

Livelli tecnici e scenari a breve termine

Dal punto di vista tecnico, Ethereum si trova in una zona delicata. Il supporto tra circa 3.950 e 4.000 USD è considerato cruciale: mantenerlo può rappresentare una base per la ripresa, mentre perderlo potrebbe aprire la strada a un ritracciamento verso 3.700 – 3.600 USD. D’altra parte, per riaccendere il trend rialzista servirebbe una chiusura stabile sopra circa 4.200 USD, che potrebbe spingere verso zone 4.400-4.500 USD. Il mercato attualmente appare in attesa di un catalizzatore: una rottura nel breve termine definirebbe la direzione.

Conclusione

Ethereum si trova in un momento cruciale: da un lato ha mostrato debolezza cedendo il livello dei 4.000 USD, dall’altro mostra un supporto strutturale dato dall’accumulo istituzionale e dai fondamentali che restano solidi. Il prossimo passo sarà capire se saprà trasformare questo momento di consolidamento in uno slancio rialzista oppure se la pressione negativa prevarrà. Chi segue ETH deve osservare con attenzione i livelli chiave e l’azione del mercato, ricordando che anche un asset forte come Ethereum resta esposto a rischi reali.

Fattori chiave da monitorare

Tra i fattori che possono influenzare il prossimo movimento di ETH troviamo:

• Il comportamento delle istituzioni: se continuano ad accumulare, ciò rafforza la narrativa di lungo termine.

• L’evoluzione macroeconomica: tassi di interesse, regolamentazione e flussi di capitale verso crypto restano determinanti.

• I dati on-chain: ad esempio, le grandi moving-in di ETH verso wallet di custodia privata o fuori dagli exchange indicano minore pressione di vendita.

• L’azione tecnica: volumi, breakout o breakdown dai livelli chiave faranno da motore per il prossimo movimento.

 

Strategy Chairman Michael Saylor told investors that his company is not looking to buy peer Bitcoin treasury firms, saying such deals often take too long and carry too much uncertainty.

Strategy’s Focus Remains On Buying Bitcoin

According to Strategy’s third-quarter earnings call, Saylor said the company has “no plans to pursue M&A” even when a deal might look accretive at first.

He warned that deals can stretch out “six to nine months or a year,” and that an idea that looks good at the start may not be attractive months later.

Strategy’s stated plan is straightforward: sell digital credit, shore up the balance sheet, buy Bitcoin and keep investors informed.

That clarity, Saylor argued, makes the company’s results easier for analysts to check and for the market to judge.

M&A Activity Picks Up Elsewhere

Reports have disclosed that Strive moved ahead with a deal in late September, agreeing to buy rival Semler Scientific in an all-stock transaction that left the combined firm with 11,006 BTC.

That haul would put Strive among the larger public holders — roughly the 12th-largest — trailing big names such as Tesla. By contrast, Strategy’s holdings remain huge: 640,808 BTC, the largest stash reported by any public firm.

The numbers underline why Strategy feels little pressure to rush into consolidation when its primary aim is accumulation.

Phong Le, Strategy’s CEO, warned that buying other firms often hides surprises. He said software M&A is “very difficult,” and added that the same caution applies to purchases of Bitcoin treasury businesses.

Those comments were made alongside Saylor’s more guarded line that the company would not say “never” to acquisitions, but that the current focus is clear and narrow.

How The Market Is Looking At Strategy

S&P Global Ratings last week gave Strategy a B- grade – or “junk” rating – placing the firm in a speculative, non-investment-grade slot.

According to the rating agency’s view, much of the company’s Bitcoin hoard was not counted toward its equity, and that had an effect on the final score.

Le suggested that credit metrics could change if Bitcoin is ever treated differently on corporate balance sheets — for example, if it were recognized as a capital asset — which would likely affect how ratings are assessed.

The credit rating does not change what Saylor says drives the business. He pointed out that each Bitcoin purchase can be measured and shown to investors, which makes the firm’s model predictable and transparent.

That predictability is used by company leadership to argue that accumulation beats acquiring rivals right now.

Featured image from Unsplash, chart from TradingView

Quick Facts:

1️⃣ Bitcoin has been struggling to defend $110K since the deleveraging event of Oct 10, but the price correction is short-term, says Grok AI.

2️⃣ Once $BTC breaks the resistance at $110K and then at $115K, the path will clear for bigger surges before the year’s end, potentially setting a new all-time high in November.

3️⃣ But Bitcoin’s upcoming Layer-2 solution Bitcoin Hyper offers a smarter bet, if the growing presale FOMO is any sign.

Grok has high hopes for Bitcoin, despite the recent price correction that pushed the coin below $110K.

Tapping into the macroeconomic backdrop turning green, $BTC has its eyes set on a steady climb over the coming weeks. The recently announced Fed interest rate cuts and easing trade tensions between the US and China could propel the crypto forward, as more capital flows into the market.

Here’s a summary of Grok’s short-term Bitcoin price prediction:

With no major macro shocks in sight, Bitcoin is expected to rebound soon.

The signs are already here. On-chain data shows that whales are stacking up on Bitcoin undeterred by the market volatility, while companies like Strategy and American Corporation continue to buy the dip.

According to Grok, Bitcoin will be increasingly seen as a strategic asset, not just by companies, but also by governments.

While metals like gold are static stores of value, Bitcoin generates value through blockchain innovation and crypto-fintech integrations. Macroeconomists like Lyn Alden share this outlook, describing $BTC as gold with the upside of a tech stock.

However, based on past patterns, short-term dips are also on the cards. This year, five of the six FOMC meetings have coincided with Bitcoin downturns, while only one has led to a rally, as crypto analyst Ali Martinez pointed out in a recent post.

For investors who understand Bitcoin’s long-term potential, the ongoing dip is an excellent window to buy in.

Grok also recommends investing in infrastructure coins that could play a crucial role in Bitcoin’s journey ahead. Bitcoin Hyper ($HYPER), for example, is building a Layer 2 solution to bring more speed and programmability to the Bitcoin network.

Strategic investors have flooded its native token presale – with whales gobbling up tokens worth $379.9K, $274K, and $161.3K in one shot – sending it past the $25.3M milestone already.

Is Bitcoin Hyper ($HYPER) the Next Crypto to Explode?

A top crypto that could take off before year-end, along with Bitcoin, is Bitcoin Hyper’s native token $HYPER.

In fact, our Bitcoin Hyper price prediction sees the token outperforming Bitcoin and Ethereum this season thanks to the high market relevance of its underlying technology.

The low presale price ($0.013195) and high staking rewards (46%) currently on offer have also been compelling factors, driving traction to the presale.

Read our ‘How to Buy Bitcoin Hyper’ guide for step-by-step instructions on joining the presale.

Once the token hits the exchanges after its upcoming TGE, the market will decide its price, and waiting until then to buy the token could prove to be a costly mistake.

Bitcoin Hyper will solve one of the most critical problems faced by crypto users today – the Bitcoin blockchain’s limited speed and functionality.

Using Solana’s Virtual Machine and a noncustodial Canonical Bridge, Bitcoin Hyper’s layer-2 solution could make transactions on the Bitcoin blockchain much faster and cheaper.

That’s not all. SVM integration allows users to build dApps on top of the Bitcoin blockchain, opening up avenues in DeFi, gaming, NFTs, and much more.

But none of these functionalities compromise the well-established security and transparency of Bitcoin, as transactions are periodically settled on the base layer using ZK Proofs. The token has also completed extensive smart contract audits by Coinsult and Spywolf.

However, the current presale window is about to close, and the next price surge is only a day away.

Join the $HYPER presale now to unlock early-bird deals.

But as always, do your own research before investing in crypto. This is not financial advice.

Authored by Bogdan Patru: https://bitcoinist.com/bitcoin-price-prediction-from-grok-as-hyper-presale-hits-25-3m

Canary Funds has positioned what could become the first US spot XRP ETF to launch on November 13, after moving its fund onto an accelerated legal track that limits the SEC’s ability to control timing.

The shift comes from a change in Canary’s updated S-1. As reported by Crypto In America host Eleanor Terrett, Canary “has filed an updated S-1 for its XRP spot ETF, removing the ‘delaying amendment’ that stops a registration from going auto-effective and gives the SEC control over timing.” Without that delaying amendment, the registration can become effective automatically after the 20-day statutory waiting period, unless the SEC actively intervenes.

Terrett says this puts Canary’s ETF on a concrete timeline: “This sets Canary’s XRP ETF up for a launch date of November 13, assuming the Nasdaq greenlights the 8-A filing.” The Form 8-A is what allows the product to actually list on Nasdaq and trade. That exchange approval is now the last operational step. If Nasdaq signs off and the SEC does not move to block or slow it, the fund can begin trading.

This approach is not theoretical. It is the same legal mechanism that was just used to push out spot crypto ETFs tied to Solana (SOL), Hedera (HBAR), and Litecoin (LTC) earlier this week, despite the US shutdown period. Terrett notes that both Bitwise and Canary relied on the 20-day waiting period “to go public during the shutdown,” in effect leveraging a moment when normal back-and-forth review is constrained.

Why November 13 Is Still Uncertain For A Spot XRP ETF

That shutdown dynamic is still relevant. Terrett cautions that “the government reopening could affect the timing, potentially moving it up if the filing is complete and the SEC is satisfied, or back if staff propose additional comments.” In other words, the November 13 date can move in either direction depending on how quickly the SEC re-engages, and whether it decides to press for changes.

There are also signals from the top of the agency. While not commenting directly on crypto ETFs, SEC Chair Paul Atkins “said yesterday he was pleased to see companies like MapLight using the 20-day statutory waiting period to go public during the shutdown,” praising the same legal pathway Canary is now invoking for XRP. Terrett frames that as meaningful because it suggests the agency is publicly acknowledging the legitimacy of going effective on the statutory clock rather than through negotiated timing.

That said, XRP is not Solana. Bloomberg’s senior ETF analyst Eric Balchunas noted that “XRP docs didn’t have the same comments back-and-forth with the SEC that Solana had,” adding “that was one reason issuers felt they were ready. But hey, worth a try I guess.”

The difference is important: Solana’s spot ETF filings went through iterative engagement with SEC staff before the US government shutdown which gave issuers confidence. With XRP, Canary is effectively stress-testing the process with less visible negotiated review.

That creates a binary outcome. If Nasdaq clears the 8-A and the SEC allows the auto-effective clock to run out without forcing new comments, the XRP fund could begin trading on November 13, establishing the first US spot ETF. If the SEC steps in, either by pushing additional comments onto the S-1 or pressuring the listing, that would mark a line: the Commission is willing to tolerate auto-effectiveness for certain assets, but not XRP — at least not yet.

At press time, XRP traded at $2.48.

The Bitcoin price has recently deviated from historical trends, particularly those that typically see the leading cryptocurrency experience a surge in October. This month, Bitcoin has retraced over 10%, erasing gains made earlier when it briefly reached a record high of $126,000. 

The failure of the anticipated “Uptober” rally has contributed to a climate of uncertainty, even with potential bullish catalysts on the horizon, such as The Federal Reserve’s (Fed) recent rate cuts announced on Wednesday.

Bitcoin Price Struggles Amid Fed Caution, Trade Tensions

As attention shifts to November, often dubbed “Moonvember,” the focus is on the historical Bitcoin price performance during this month. Over the past 14 years, November has been BTC’s second strongest month after October, averaging gains of 10.3%. 

Recent developments, including the Federal Reserve’s cautious approach to further rate cuts and renewed trade tensions following President Trump’s meeting with China’s Chairman Xi, have triggered a risk-off sentiment across various assets. 

Bitcoin futures have shown increased volatility, with prices dropping below crucial support levels around $110,000. Institutional interest has also slowed, as seen with Strategy (MSTR), which acquired only 778 Bitcoin in October—a steep decline of 78% compared to September’s purchases.

While ETF inflows remain positive, they have tapered off relative to earlier quarters, reflecting a sense of caution among investors in light of persistent inflation rates of 3.0% and stagnant hiring data. 

On-chain metrics indicate that long-term holders are maintaining their positions, with their supply climbing to 76.2%. However, short-term traders have contributed to significant liquidations, totaling billions.

‘Moonvember’ On The Horizon

Looking ahead, historical data suggests that November could be favorable for the Bitcoin price, with solid median gains and peaks averaging around 40%. Predictions for 2025 vary, but many analysts remain optimistic. 

One forecast anticipates a rally to $125,000, which would represent a nearly 18% increase from current levels, while others project prices could soar to $144,000 or even $150,000 if ETF inflows continue. Analysts at JPMorgan Chase have even suggested that Bitcoin could reach $165,000 by the close of 2025.

Key drivers for this potential growth include the recent 25-basis-point rate cut by the Fed and the conclusion of quantitative tightening (QT), which could inject much-needed liquidity into the market. 

Upcoming events, such as the anniversary of the Bitcoin Whitepaper and potential stablecoin regulations in Canada, may serve as additional catalysts.

However, the outlook is not entirely optimistic. Some models suggest that further dips could occur in early November if resistance levels hold. Geopolitical risks, including ongoing tariff threats, have the potential to amplify the growing Bitcoin price volatility. 

Despite these challenges, bullish figures like Strategy’s Michael Saylor remain hopeful, predicting Bitcoin could reach $150,000 by year’s end, propelled by supportive policies on tokenization and stablecoins. 

Models from PlanB also reflect this optimism, highlighting historical patterns that suggest a positive trajectory. Traders are leaning toward the notion of “Moonvember” as a possible catalyst for a bullish trend, particularly with altcoin rotations expected following recent consolidations.

As of this writing, the Bitcoin price stands at $106,595, recording losses of 3.6% in the past 24 hours. 

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

Stay Ahead with the Latest Insights of Today’s Best Presales News

Check out our Live Best Presales Updates for October 31, 2025!

Of all the crypto opportunities out there, presales are often the most promising and potentially the most profitable. These early-stage projects raise funds to launch community-driven meme coins, utility-heavy projects, and even degen shitcoins.

What defines crypto presales is the opportunity to join stage zero at the lowest possible price point. It can only go up from there, which it often does.

Pepe Unchained soared 550% post-presale, to name one presale. The potential is there, and if you’re looking for the latest crypto presale updates to get in early, you’ve come to the to right place.

Quick Picks for the Best Presales Today

Bitcoin Hyper ($HYPER) - Real-Time Layer-2 Solution for Scaling Bitcoin Launch: May, 2025 VISIT NOW Maxi Doge ($MAXI) - High-Impact Meme Coin Built On Strength, Staking & Conviction Launch: July, 2025 VISIT NOW PepeNode ($PEPENODE) - A New, Gamified Way to Mine to Earn Meme Coin Rewards Launch: February, 2025 VISIT NOW Snorter Token ($SNORT) - Lowest-Fee Telegram Trading Bot for Solana and Ethereum Launch: May, 2025 VISIT NOW Best Wallet Token ($BEST) - Get Easy, Early Access to New Curated Presale Projects Launch: November, 2024 VISIT NOW

We update this page regularly throughout the day with the latest insights on presales. Keep refreshing to stay ahead of the pack!

Disclaimer: No crypto investment comes without risk. Our content is for informational purposes, not financial advice. We may earn affiliate commissions at no extra cost to you.

Solana’s Tokenization Surge Inspires a Rush Toward Best Presales, Led by $BEST

October 31, 2025 • 12:00 UTC

Bitwise’s CIO Matt Hougan says Solana investment offers ‘two ways to win’ – growth in the stablecoin and tokenization markets.

As Hougan expects both sectors to skyrocket, he predicts that most payments will go stablecoins and all assets will be tokenized in the future.

With Ethereum leading the tokenization race, Solana now holds 8.26% of the market share. While this is a small base, it could deliver explosive upside as its share grows.

Hougan drew parallels with Bitcoin’s trajectory, noting that Solana’s rising market share combined with a growing market size could make it explosive.

Solana’s explosive growth momentum naturally fuels more adoption, which pushes the demand for secure high-performance wallets. Best Wallet is a top-rated, mobile-first hot crypto wallet offering advanced security features and support for a wide range of DeFi utilities across six blockchains.

The Best Wallet Token ($BEST) its native token is now in presale and has already raised $16.7M, sending shockwaves across the crypto community.

Learn how to buy $BEST here.

Strategy Posts $2.8B Q3 Profit as Investors Flock to Best Presales Like Bitcoin Hype

October 31, 2025 • 11:00 UTC

Strategy has reported $2.8B in Q3 net income and $3.9B in operating income. This is good news for the company as it has reversed the $340M loss from last year.

With the firm now holding 640,808 BTC (valued at $69B), Strategy has reaffirmed its 2025 target of $34B operating income and $20B Bitcoin gains, proving its confidence in Bitcoin-first approach.

The company’s Bitcoin treasury strategy has helped fuel its Q3 success as it creates a self-reinforcing cycle, where $BTC prices lift stock value and drive further accumulation.

With the Trump administration’s pro-crypto stance and record ETF inflows, Strategy’s model stands out as an example for institutions to hold Bitcoin in their treasury.

With Bitcoin leading institutional adoption, investors are turning to emerging presale projects with strong potential. One standout is Bitcoin Hyper ($HYPER), a Layer 2 network aiming to rejuvenate Bitcoin’s aging blockchain, already making waves with its $25.3M presale raise.

Explore Bitcoin Hyper’s massive potential in our detailed guide!

Senate Nears Crypto Bill Release as Investors Flock to Best Presales Like Bitcoin Hyper

October 31, 2025 • 10:00 UTC

The US Senate Agriculture Committee is finalizing an updated bipartisan draft of the Crypto Market Structure Bill that is expected to roll out in the coming days.

According to the bill, CFTC will oversee digital commodities and spot markets while SEC will retain its authority over securities.

The bill also proposes a new classification system where digital assets will be segregated as digital commodities, investment contract assets, and permitted payment stablecoins.

The latest draft of the bill removes staking, DePIN, and airdrops from being classified as securities.

This update comes after bipartisan negotiations and industry roundtables between executives from Coinbase and Ripple. Coinbase’s Brian Armstrong cited that both parties are ‘90% aligned’ on the bill’s framework.

With the new bill bringing greater clarity to digital assets, investors are growing optimistic about the future of crypto.

Traders are eyeing the best presales of the year to position themselves ahead of the next wave of adoption. Bitcoin Hyper ($HYPER), a Layer 2 scalability solution, stands out as a clear winner, having already amassed $25.2M.

Learn how to buy Bitcoin Hyper ($HYPER) here.

Coinbase Q3 Report: Trading Up 32% as Investors Flock to Best Presales Like PEPENODE

October 31, 2025 • 10:00 UTC

Coinbase has reported $1.87B as its revenue with $433M in profit for Q3 2025. The company has cited increased trading volume and stablecoin growth as key catalysts for its Q3 success.

In addition, the company’s transaction revenue has risen by 83% YoY to $1B. Institutional activity has surged after the $2.9B Deribit acquisition, pushing trading volumes by 22% QoQ.

Coinbase’s revenue growth also highlights institutions’ growing trust in stablecoins and how Coinbase is profiting from facilitating and managing that growth.

Not to mention, the crypto exchange also has strategic partnerships with JPMorgan, Citigroup, and PNC, solidifying its position as a crypto infrastructure provider – one that bridges traditional finance and DeFi.

With Coinbase leading the next phase of crypto–fintech integration, PEPENODE ($PEPENODE) – a rising presale contender is perfectly positioned to capture this momentum.

PEPENODE is a gamified mine-to-earn ecosystem built on Ethereum that aims to build a thriving community with its interactive build and competitive environment.

Learn how to buy PEPENODE in our guide.

Authored by Ben Wallis, Bitcoinist — https://bitcoinist.com/best-presales-live-news-today-october-31-2025

Coinbase’s CPO has defended stablecoins and pushed back on the banking sector’s fears of a potential collapse of bank deposits and community banks, arguing that the concerns are unfounded and could pose a risk to the emerging sector.

Coinbase Refutes Banks’ ‘Inconsistent’ Claims

As the stablecoin sector’s momentum grows, Coinbase CPO Faryar Shirzad has challenged the US banking industry’s concerns over potential risks associated with the emerging digital assets.

In an X post, Shirzad affirmed that the ongoing narrative that stablecoins will destroy bank lending “ignores reality” and misreads the moment, as “faster, cheaper, programmable transactions aren’t a threat—they’re overdue progress.”

A market note from the Coinbase Institute, cited by the CPO, stated that these arguments “echo familiar worries from earlier innovations like money market funds. Yet they fail to account for how and where stablecoins are actually used, and what they contribute to financial modernization.”

As reported by Bitcoinist, the banking sector has criticized the Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act for potential loopholes that could pose risks to the financial system.

The landmark crypto framework, which was signed into law in July, prohibits interest payments on the holding or use of payment-purpose stablecoins. However, the prohibition only tackles issuers and could be “easily circumvented” by exchanges or affiliates providing rewards.

In August, multiple banking associations across the US sent a joint letter to the Senate Banking Committee urging Congress to amend the law. The letter argued that interest payments distort market dynamics and could affect credit creation, and suggested extending the prohibition on interest payments to include digital asset exchanges, brokers, dealers, and related entities.

Since then, multiple industry players, including Shirzad, have rejected these concerns, stating that the banking sector’s proposals could threaten to create an uncompetitive environment for stablecoins.

Stablecoins Won’t Drain US Banks

Coinbase Institute outlined multiple reasons why stablecoins won’t drain deposits from US banks and instead will strengthen the global role of the US dollar, introduce long-overdue competition in the payments sector, and support new, more efficient channels for credit formation.

The market note argued that stablecoin demand is global, with most current use coming from abroad and on-chain markets. They cited a recent Atlantic Council report showing that over 80 percent of transaction volume comes from international users seeking dollar exposure.

Meanwhile, around two-thirds of stablecoin transfers occur within decentralized finance (DeFi) platforms or blockchain-based payment rails. Coinbase added that USD-pegged digital assets expand dollar access worldwide and reinforce its dominance.

In that sense, they are the transactional plumbing of a new financial layer that runs parallel to, but largely outside, the domestic banking system. (…) Therefore, forecasts proposing that several trillion dollars could flow into stablecoins over the next decade should be carefully scrutinized.

Additionally, Coinbase highlighted that banks have excess liquidity and have put out trillions of dollars of deposits in reserves and treasuries, suggesting that the sector has enough credit slack to compete with stablecoins for a more efficient financial system. Therefore, it would be “inconsistent to claim that stablecoin growth poses a systemic threat.”

The market note also emphasized that community banks are largely unaffected by the sector’s growth, arguing that stablecoin users and community bank customers rarely overlap.

Lastly, Coinbase asserted that “Credit is evolving, not shrinking. Lending is shifting to private credit, fintech, and DeFi channels that don’t depend on deposits. Liquidity moves—it doesn’t vanish,” concluding that “treating this development as a threat risks misunderstanding the transformative direction of financial innovation and constraining an emerging advantage for the United States.”

On-chain data shows the Bitcoin mining pool BTC.com deposited a huge amount of the cryptocurrency to Binance in October.

BTC.com Mining Pool Has Potentially Been Selling Bitcoin This Month

As explained by an analyst in a CryptoQuant Quicktake post, Bitcoin miners connected with BTC.com have made large transactions to Binance recently. The on-chain metric of interest here is the “Miner to Exchange Flow,” which measures the total amount of the cryptocurrency that’s flowing from miner-related wallets to a given centralized exchange.

In the context of the current discussion, the version of the metric that’s relevant is the one involving only the wallets connected to the BTC.com mining pool on the sending side and Binance as the receiver.

Generally, the main reason miners transfer their coins to exchanges is for selling-related purposes, so a spike in the Miner to Exchange flow can indicate that this cohort is participating in distribution.

Now, here is the chart shared by the quant that shows the trend in the Bitcoin Miner to Exchange Flow for BTC.com and Binance over the past month:

As displayed in the above graph, the Bitcoin Miner to Exchange Flow for BTC.com and Binance fluctuated during the past month, with a few large spikes coming in mid-October.

Interestingly, these spikes all came around local bottoms in the asset’s price, indicating that miners part of the pool may have been panic selling. In total, this cohort transferred 186,000 BTC (currently worth a whopping $19.9 billion) to Binance over the past month.

Miners have to pay off constant running costs in the form of electricity bills, so distribution from them tends to happen on the regular. Such selling usually gets readily absorbed by the market. Periods of extraordinary selling pressure from the cohort, however, can be a bearish sign for BTC.

The chain validators aren’t the only ones that have been participating in selling recently. As pointed out by on-chain analytics firm Glassnode in an X post, long-term holders (LTHs), investors holding coins for a period longer than 155 days, have also been on the move.

From the chart, it’s visible that the Bitcoin LTHs were spending about $1 billion per day (7-day average) in mid-July, and by early October, that figure rose to $2 to $3 billion per day.

“Unlike previous high-spending phases in this cycle, this distribution regime has been gradual and persistent, rather than marked by a sharp spike,” noted the analytics firm.

BTC Price

Bitcoin has suffered a bearish blow during the last 24 hours as its price has plunged by almost 4%.

Binance founder Changpeng “CZ” Zhao is preparing to sue US Senator Elizabeth Warren for defamation, his legal team says, after she criticized his recent pardon by US President Donald Trump.

According to reports, lawyers for CZ have sent a letter demanding a retraction of a social media post that accused him of pleading guilty to money laundering and of “buying” a pardon.

Legal Threat Looms

Zhao’s attorney, named in coverage as Teresa Goody Guillén of Baker & Hostetler, told media outlets that a public retraction is being sought and that a lawsuit is likely if Warren does not correct her post.

Based on reports, the legal notice argues that Warren’s phrasing wrongly equates Zhao’s guilty plea with a money-laundering conviction and harms his reputation.

In 2023, Zhao pleaded guilty as part of a settlement tied to failures in Binance’s anti-money-laundering program.

The company agreed to pay roughly $4.3 billion and Zhao served about four months behind bars, according to court records and reporting.

CZ pleaded guilty to a criminal money laundering charge and was sentenced to prison.

But then he financed President Trump’s stablecoin and lobbied for a pardon.

Today, he got it.

If Congress does not stop this kind of corruption, it owns it. pic.twitter.com/NsWeaJcVeK

— Elizabeth Warren (@SenWarren) October 23, 2025

Trump issued a pardon for Zhao on October 23, 2025.

Pardon Sparks Political Fire

Senator Warren posted on X (formerly Twitter) in the wake of the pardon, writing that CZ “pleaded guilty to a criminal money laundering charge” and alleging he had used influence tied to a Trump-linked stablecoin.

Her message framed the pardon as an example of corruption that Congress should oppose. Warren’s official Senate statement repeated criticisms of the pardon.

SCOOP: Crypto mogul Changpeng Zhao mulls suing Elizabeth Warren, demands retraction for alleged libel after Trump’s pardon cc @SenWarren @cz_binance @teresagoody https://t.co/04blEIgRNU

— Charles Gasparino (@CGasparino) October 28, 2025

Legal experts say defamation suits involving public figures are hard to win in the US because plaintiffs must show false statements made with actual malice — that is, with knowledge they were false or with reckless disregard for the truth.

But lawyers for Zhao point out that posts made on social media by members of Congress may not always be protected by congressional immunities, opening a possible legal path.

A Case Of Words Versus Records

Reports quote the CZ camp insisting on a factual distinction: his plea related to lapses in compliance and the company’s failure to maintain adequate controls, not a formal money-laundering conviction.

That difference matters legally and in public perception, his lawyers say. Coverage also notes that the broader settlement and sentence drew wide attention because of the size of the fine and the sensitive nature of the allegations tied to illicit activity on some parts of the exchange.

Featured image from Unsplash, chart from TradingView

A Chinese national was arrested in Bangkok on Thursday, after police moved on a search warrant tied to an alleged crypto Ponzi scheme that took in more than 100 million yuan — roughly $14 million.

The man, named Liang Ai-Bing, was found living in a three-storey house in the Wang Thonglang district, and officers recovered an unlicensed Beretta pistol with 20 rounds of ammunition at the scene.

Operation And Arrest

Reports have disclosed that Liang and four other suspects set up a platform called FINTOCH between December 2022 and May 2023.

Authorities say the group used mobile apps to attract money from investors. Names linked to the case include Al Qing-Hua, Wu Jiang-Yan, Tang Zhen-Que and Zuo Lai-Jun.

Based on reports, all five reportedly left the country except Zuo, who was arrested earlier and later released on bail pending trial. At the Bangkok residence, police noted a high monthly rent of 150,000 baht, which is about $4,645.

Crypto Scam: Cross Border Cooperation

Thai and Chinese officials shared intelligence that led to the arrest. Legal steps beyond the detention were not detailed in initial accounts, and it is still unclear whether extradition or formal charges will be filed in either country.

Some details remain missing, such as how many people invested, the exact methods used to promise and pay returns, and whether any of the money has been tracked or frozen so far. The presence of a firearm at the property may lead to additional legal counts being considered.

Evidence And Open Questions

Authorities say the platform operated for roughly six months. How victims were recruited has not been confirmed. Reports have disclosed only the broad outline: an app-based scheme that promised returns and took in more than 100 million yuan.

Investigators typically need to trace transfers, exchange records and crypto wallets to find out how much is recoverable. That work can take months, especially when funds cross borders and move through multiple accounts or currencies.

When arrests happen, they do not always mean victims get their money back. Recovering assets requires frozen accounts, cooperation from exchanges, and court orders in several countries.

Featured image from Unsplash, chart from TradingView

The much-anticipated Solana (SOL) ETF has officially gone live, triggering a wave of excitement across the crypto market. Bitwise’s Solana Staking ETF (BSOL) and Grayscale’s SOL ETF (GSOL) made their debut on U.S. exchanges this week, drawing significant investor interest.

Related Reading: Bitcoin Price To Recover? Here Are Some Developments You Should Be Aware Of

BSOL alone posted over $72 million in second-day trading volume, with total net inflows surpassing $116 million. Combined, SOL ETFs now account for more than $430 million in assets, representing roughly 0.4% of the token’s total market cap.

Yet, despite the record-setting launch, Solana’s price remains muted. After briefly touching $201, SOL slipped back below $195, extending a pattern of post-launch consolidation that has left traders wondering whether the ETF hype has already been priced in.

SOL ETF Momentum Builds Despite Market Caution

The Bitwise Solana ETF stands out not only for its volume but for its staking-enabled structure, offering institutional investors up to 7% annual yields without direct exposure to DeFi mechanics.

Bloomberg ETF analyst Eric Balchunas described BSOL’s launch as “one of the strongest in 2025,” outpacing the Canary Litecoin and Hedera ETFs by a wide margin.

Meanwhile, Fidelity Digital Assets has accelerated its SOL ETF plans by removing the SEC “delaying amendment” from its S-1 filing, allowing automatic approval after 20 days.

This move signals growing regulatory confidence in Solana’s asset class status. Analysts believe this institutional push, alongside expected listings from VanEck and 21Shares, will gradually enhance liquidity and open traditional brokerage access to Solana.

Still, macro factors loom large. Hyblock Analytics noted that “ETF excitement coincides with FOMC week, leading institutions to de-risk temporarily,” suggesting that short-term weakness may mask long-term accumulation trends.

Can SOL Break Free from the $200 Barrier?

Technically, Solana continues to trade within a consolidation band between $188 and $204, with resistance near $207. Momentum indicators such as the RSI hover near neutral levels, signaling indecision.

A decisive hourly close above $200, supported by strong SOL ETF inflows, could trigger a run toward $225 or higher, while a breakdown below $188 risks a retest of $180 support.

Related Reading: Mastercard’s Latest Crypto Move: Exploring Acquisition Of Zerohash For $2 Billion

For now, Solana’s ETF success has validated its institutional appeal, but traders remain cautious. The “sell-the-news” phase may give way to renewed momentum once inflows stabilize and macro pressure eases. As history has shown with Bitcoin and Ethereum, patience often pays when ETF demand outlasts early volatility.

Cover image from ChatGPT, SOLUSD chart from Tradingview

In a CNBC Crypto World interview recorded at Money20/20 in Las Vegas on October 29, Michael Saylor laid out one of his most aggressive public Bitcoin roadmaps to date, putting explicit numbers on what he believes comes next for the asset. “Our expectation right now is end of the year it should be about $150,000,” said Saylor, executive chairman of Strategy. He stressed that this is not just his internal target, but “the consensus of the equity analysts that cover our company and the Bitcoin industry right now.”

Saylor’s Bitcoin Price Prediction

Strategy’s executive chairman described the near-term move as orderly rather than euphoric. He argued that Bitcoin is entering a phase where traditional market infrastructure is muting extreme downside and smoothing price action.

“Bitcoin is going to continue to grind up,” he said. In his view, the asset is stabilizing as institutional liquidity deepens: “The volatility is coming off of it as the industry becomes more structured with more derivatives and more ways to hedge it.” That framing flips the usual Bitcoin story. For Saylor, the driver of the next leg is not retail mania, macro panic, or Fed speculation. It is market plumbing.

From there, he escalated. Saylor said he expects Bitcoin to reach one million dollars per coin on a medium-term horizon and gave a specific timeline. “I don’t know why it won’t grind up to a million dollars a coin over the next four to eight years,” he said. “I would think not less than four, not more than eight.” The language was deliberate: “grind up,” not “blow off.” He is arguing for structural appreciation, not a single mania candle.

Then he extended the arc even further, out past a single cycle and into what he framed as a 20-year monetary realignment. “My long-term forecast is it goes up about 30% a year for the next 20 years, and we’re headed toward $20 million Bitcoin.”

That is not a short-term hype line. It’s a compounding claim. Saylor’s math implies a world in which Bitcoin behaves like a yield-bearing, collateralizable capital instrument and scales gradually across the balance sheets of banks, corporations, financial products, and—crucially in his view—non-human economic agents.

What Will Drive The BTC Price?

Saylor repeatedly tied these price levels to a broader shift: Bitcoin moving from speculative commodity to base-layer collateral for the modern financial system. He argued that the traditional choke points that once capped Bitcoin’s adoption—custody restrictions, lack of bank credit, regulatory hostility—are breaking at the same time.

He said that a year ago, “you couldn’t get a loan against Bitcoin or a loan against wrapped Bitcoin like an ETF like IBIT…from any major bank in the nation.” Today, he claimed, “Bank of America, JP Morgan, Wells Fargo, BNY Mellon… are all beginning to embrace this asset class,” and discussions have started around issuing credit directly against Bitcoin. He projected that by 2026 “major banks like Citi” and BNY Mellon would custody Bitcoin, while firms like JP Morgan would actively lend against it.

He also argued that the political and regulatory front, once the existential overhang for the industry, has flipped into outright sponsorship. “The entire administration has been…very, very positive toward digital assets consistently for the past 12 months,” he said.

He portrayed alignment across multiple agencies and power centers. According to Saylor, “the White House [has been] endorsing Bitcoin as digital gold,” the SEC is saying “we expect that securities will be tokenized on chain and we’re going to support it,” and the Treasury Department is openly backing stablecoins as the future of the US dollar “to be tokenized and exported to the world.” He called the last year “probably the best 12 months in the history of the industry.”

DAT’s And The AI Revolution

In addition to the price path, Saylor delivered headline statements meant to signal scale. He said the corporate balance sheet model he pioneered—what he called digital asset treasury or “DAT”—is no longer exotic. “We were the first in 2020,” he said. “Then there were 10, then 20, then 60, then 120, and now we’re exploding to 250.” He didn’t present that as saturation.

Related Reading: Germany’s Poll-Leading Party Goes Full Pro-Bitcoin

Saylor presented it as the beginning of a structural migration. “We’re going to see 500 companies, then a thousand, then 2,000, then 5,000,” he said. In his view, “every forward-thinking company” will put digital assets on its balance sheet. His analogy was blunt: this will look, in hindsight, like the moment corporations first got electricity, or first launched websites.

He also tied Bitcoin’s long-run demand to machine-scale economic activity. Saylor said we are moving toward an environment where “a billion AIs…are going to want to do business with a billion AIs representing you and me and 8 billion people and 400 million companies.” Those agents, he argued, will not tolerate legacy banking rails.

“They’re not going to have any patience for 20th century techniques…they’re not going to want to wait for a week for a wire to be transferred.” In that world, he said, US dollar stablecoins have become the medium of exchange and will “explode from…a hundred billion…to 250 billion to 500 to a trillion to two trillion…Eventually, I think there’ll be 10 trillion worth of stablecoin moving at the speed of light.”

Bitcoin, in that same model, is not the medium of exchange. It is the treasury asset that underwrites it. “If you want to release something in cyberspace and have it live forever, how are you going to capitalize it? You’re going to load it up with some Bitcoin.”

At press time, BTC traded at $108,584.

Ethereum (ETH) has fallen below the critical $4,000 level amid renewed market uncertainty following comments from Federal Reserve Chair Jerome Powell.

Powell’s indication that the latest 25-basis-point rate cut may be the last of 2025 has fueled caution across both traditional and crypto markets. As a result, the Ethereum price is at slightly above $3,900, marking a 2.2% daily decline, with Bitcoin and other major altcoins also in the red.

The broader pullback saw Ethereum ETFs record $81.44 million in outflows, led by Fidelity’s FETH at $69.49 million. Only BlackRock’s ETHA fund showed resilience, posting $21.36 million in inflows. This shift follows two consecutive days of positive ETF activity, indicating profit-taking and reduced risk appetite among traders.

Institutional Demand Grows Even as the Ethereum Price Weakens

While the Ethereum price slipped, institutional accumulation has intensified. Data shows that institutions now hold 4.1% of Ethereum’s total supply, surpassing Bitcoin’s 3.6% for the first time. Analysts attribute this shift to the GENIUS Act, which provides a clear framework for stablecoin and on-chain finance regulation.

This policy clarity has boosted institutional trust in Ethereum as the backbone of DeFi and tokenized RWAs. Despite the current weakness, many funds continue to add exposure, anticipating Ethereum’s Web3 Dominance.

Technically, the Ethereum price shows mixed signals. RSI sits at 44, and the MACD line remains below the signal line, both pointing to fading bullish momentum.

Analysts caution that if ETH fails to reclaim $4,000, it could revisit support zones around $3,850–$3,750. A decisive close above $4,100, however, may renew bullish sentiment toward $4,400–$4,500.

On-Chain Activity Reaches Record Highs Amid Low Fees

Interestingly, Ethereum’s network fundamentals remain robust even as price momentum cools. On-chain activity has surged to record highs, with daily transactions and unique active addresses breaking all-time records.

Similarly, gas fees remain near historic lows, signaling improved scalability driven by Layer-2 networks such as Arbitrum, Optimism, and Base.

This efficiency milestone showcases Ethereum’s technological evolution, from its proof-of-stake transition to the upcoming EIP-4844 (proto-danksharding) upgrade.

Analysts believe this combination of strong institutional demand and record network usage, despite short-term price pressure, positions the Ethereum price for a sustained recovery once macroeconomic headwinds ease.

Cover image from ChatGPT, ETHUSD chart from Tradingview

Bitcoin (BTC) is struggling to hold the $110,000 support level as price pressure intensifies heading into the final days of the month. Market structure remains fragile following recent volatility, and several analysts warn that BTC could still retest lower demand zones before establishing a stronger base. With liquidity pockets sitting below current price and sellers showing persistence near resistance, short-term downside cannot be ruled out as traders reassess positioning after the Federal Reserve’s policy shift.

However, not all signals point to weakness. Many investors remain optimistic as macroeconomic conditions begin favoring risk assets once again. The Fed’s recent 25bps rate cut and confirmation that quantitative tightening will end by December 1st have laid the groundwork for what some view as the early phase of a new liquidity cycle — historically constructive for Bitcoin’s long-term trajectory.

On-chain data also supports a calmer market environment. Over the past month, the activity of old coins has remained moderate, with long-term holders showing no signs of panic selling. This behavior suggests conviction among seasoned market participants, even as BTC navigates short-term turbulence. Collectively, these dynamics frame a market in transition: tactically cautious, yet strategically positioned for potential upside.

Low ASOL Activity Signals Strong Holder Conviction

According to on-chain insights highlighted by top analyst Axel Adler, Bitcoin’s recent spending behavior among long-term holders remains remarkably stable, underscoring strong market conviction even as price struggles to hold above key support. Adler points to the Average Spent Output Lifespan (ASOL) — a metric that measures the average age of coins being moved on-chain — noting that while there were short-lived upticks to 245 days on October 8 and 209 days on October 21, these signals were far weaker than the heavy long-term holder activity seen in spring and June.

This distinction is important: during those earlier periods, older coins moving signaled meaningful distribution events, often preceding corrective phases. In contrast, the recent mild increases indicate no widespread desire among long-term holders to exit positions. The 30-day ASOL moving average currently sits near 111 days, which Adler characterizes as a structural baseline — a zone consistent with healthy consolidation rather than distribution.

In practical terms, this means seasoned holders remain patient, showing no urgency to take profits, despite macro uncertainty and short-term volatility. At the same time, incoming liquidity continues to absorb supply, as referenced in this week’s Substack commentary. This absorption dynamic is crucial: it reflects a market where available Bitcoin is gradually tightening, enabling price stability even as speculative flows remain constrained.

Collectively, these on-chain conditions suggest a foundational phase rather than exhaustion. As liquidity improves and macro headwinds ease, this quiet conviction among long-term holders could form the groundwork for the next significant leg higher — once demand meaningfully re-accelerates. For now, the market remains calm beneath the surface, a posture historically associated with accumulation phases and future expansion rather than broader distribution or capitulation.

Bitcoin Holds Above $110K But Faces Rejections Below Resistance

Bitcoin (BTC) is trading near $110,100, attempting to stabilize after another sharp rejection from the $117,500 resistance area — a level that has consistently capped upside attempts since mid-August. The 12-hour chart shows a repeat pattern: each move toward the upper range fades near the cluster of moving averages, with sellers stepping in aggressively at resistance and forcing BTC back into its mid-range support zone.

BTC is currently holding above a key demand band between $108,500 and $110,000, an area that previously acted as a pivot during late-September and early-October price action. Maintaining this zone is critical for bulls. A breakdown here would expose Bitcoin to the $104,000–$106,000 region, where price wicked during the October 10 liquidation flush.

On the upside, a structural shift requires BTC to reclaim the 50- and 100-period moving averages on the 12h timeframe and establish a foothold above $114,500. Only then would momentum build for another test of $117,500, with a confirmed breakout opening a path toward $120,000–$123,000.

For now, Bitcoin remains range-bound, caught between macro optimism and lingering supply pressure. With volatility compressing again, the next strong move is likely to come once the market digests recent policy shifts and liquidity flows begin redirecting decisively.

Featured image from ChatGPT, chart from TradingView.com

Ripple’s bold move into traditional finance is approaching an important milestone. The company’s application with the US Office of the Comptroller of the Currency (OCC) for a national trust bank charter, proposed under the name Ripple National Trust Bank, has entered its final review window. 

According to official OCC filings, the standard 120-day review period following the application’s publication is set to conclude this Friday, October 31.

Ripple’s Application For A National Trust Bank License

Ripple applied for a national trust bank charter from the Office of the Comptroller of the Currency (OCC) on July 2, 2025. The application was for a national trust bank, not a traditional bank, and is intended to provide fiduciary activities like custody and infrastructure for its RLUSD stablecoin. The application was made in early July and entered a public review phase in October.

The Ripple National Trust Bank application represents Ripple Labs’ strategic expansion into federally supervised financial services. If approved, the charter would authorize the firm to operate a national trust bank headquartered at 111-119 West 19th Street in New York City. The application lists senior figures in the company like Stuart Alderoty, Timothy Keaney, John McDonald, David Puth, and John Zavaglia as the organizers, with Ripple Labs Inc. serving as the sponsoring institution from its San Francisco base.

This move extends the firm’s push beyond cross-border payments into full-scale institutional custody and settlement. It also aligns with the company’s ongoing efforts to establish the RLUSD stablecoin as a regulated, transparent digital dollar. As noted by Ripple CEO Brad Garlinghouse, if approved, the firm would have both state and federal oversight, which is a new and unique benchmark for trust in the stablecoin market. This comment was made by the Ripple CEO in July 2025 as confirmation of the license application.

The 120-Day Review Window And What Comes Next

Under OCC procedures, applications for national trust bank charters undergo a 120-day review to assess governance, capitalization, compliance programs, and management suitability. Ripple’s application entered that timeline after its public filing, meaning the review period ends on October 31. At this point, the OCC may issue an initial decision of approval, denial, or extension, depending on whether additional information is needed.

However, the ongoing US government shutdown could influence the timing of the company’s license review. The payment firm’s application is part of a growing list of crypto-based companies seeking a national trust bank charter as the digital asset industry pushes closer to full regulatory integration with traditional finance. Companies like Circle, Crypto.com, Coinbase, and Paxos have also applied with the US Office of the Comptroller of the Currency (OCC) for national trust bank charters.

Hong Kong’s SFC has raised concerns about the rise of digital asset treasuries, companies that put crypto on their balance sheet.

Hong Kong SFC Is Closely Monitoring Crypto Treasury Developments

As reported by the South China Morning Post, Hong Kong’s Securities and Futures Commission (SFC) is keeping an eye on how firms are using crypto as part of their treasury management. The term Digital Asset Treasury (DAT) refers to a public company that acquires and holds Bitcoin or other cryptocurrencies to give stockholders exposure to price movements.

Often, the stock price of such firms trades at a premium compared to their treasury reserves, and this seems to be where the SFC’s concern lies. Kelvin Wong Tin-yau, the regulator’s chairman, noted, “The SFC is concerned about whether DAT companies’ share prices are traded at a substantial premium above the cost of their DAT holdings.”

Wong’s statement comes a week after Bloomberg reported that the Hong Kong Stock Exchange and Clearing (HKEX) blocked a DAT strategy pivot for at least five firms in recent months. HKEX operates the city’s main stock exchange, one of the largest markets in the world.

The bourse operator, which names the Hong Kong Government as its largest shareholder, challenged the plans of these companies, raising compliance issues with rules that prohibit large liquid holdings.

Wong revealed that the SFC is closely monitoring DATs and plans to strengthen public awareness about the associated risks. “We caution investors to fully understand the underlying risks of DAT,” said the SFC chairman.

The DAT strategy was popularized by Michael Saylor’s Strategy (formerly MicroStrategy), which adopted a Bitcoin treasury as its core business back in 2020. The company’s reserves have since grown to 640,808 BTC, worth a whopping $70.6 billion.

The firm paid about $47.4 billion in total to assemble its BTC treasury, so at the current price of the crypto, it’s sitting at a healthy profit of almost 49%. Strategy’s success has unleashed a DAT wave, as other companies rush to replicate the model.

Bitcoin isn’t the only asset that corporates are looking at today; there has also been a rise in DATs focused on Ethereum and Solana. Bitmine owns the largest ETH treasury in the world, containing about 3.34 million tokens, equivalent to $13 billion. While Forward Industries is the king of SOL DATs with 6,822 coins or $1.3 billion in assets.

DATs represent just one route that traders can take for gaining indirect exposure to digital assets. Another path is through the spot exchange-traded funds (ETFs), investment vehicles that trade on traditional exchanges and buy the underlying crypto on behalf of investors.

Demand for spot ETFs appears to be weak right now, however, as according to data from on-chain analytics firm CryptoQuant, the 7-day change in the netflow of the US Bitcoin funds has dropped to a negative value of 281 BTC, which is the lowest since April.

Bitcoin Price

At the time of writing, Bitcoin is trading around $110,000, down around 2.7% over the last 24 hours.

A new upgrade to the Ripple network is giving the XRP Ledger a significant boost in privacy. The company’s developers have added new privacy tools that keep user and payment details hidden during transaction confirmation. The update represents a massive leap for XRP Ledger privacy, allowing users to send and confirm transactions without exposing personal information.

Ripple Developers Add Zero-Knowledge Proofs To The XRP Ledger

According to a new post on X by xrpl.to (@xrplto), Ripple developers have made a significant leap forward for the network’s privacy features, integrating Zero-Knowledge Proofs (ZKPs) into the XRP Ledger. The feature lets users verify transactions on the XRP ledger without revealing any details, such as who sends the funds, who receives them, or how much money moves between them.

The research report attached to the post details how Ripple’s developers have built a system called ZKProver to manage the Zero-Knowledge Proof privacy layer on the XRP Ledger. ZKProver manages every step of the private transaction process, from building secure digital circuits to verifying deposits and withdrawals, all while keeping sensitive data hidden. The privacy engine also handles the cryptographic keys that protect each network operation and guarantees transaction integrity.

The report also notes that the new privacy engine on the XRP ledger generates and verifies proofs to confirm transaction validity without introducing tampering risks. It converts data into secure formats and produces random values that make every transaction unique. This randomness adds another layer of protection, making it nearly impossible to link or trace activities on the XRP ledger. By automating these advanced cryptographic steps, the network can now support shielded transactions without sacrificing speed or efficiency. 

New Privacy Features And Transaction Types Introduced

The integration of Zero-Knowledge Proofs strengthens the XRP Ledger’s privacy by adding shielded transactions that hide key details from public view, making XRP transfers harder to trace. The upgrade also introduces three new private transaction types for shielded transactions, each extending the transactor base class.

ZkDeposit lets users deposit tokens into a private pool that hides the details from view, while ZkWithdraw allows users to withdraw tokens from that pool while keeping the transaction private. Last but not least, ZkPayment lets users send XRP privately between wallets without revealing amounts or addresses to the public.

These transaction types draw inspiration from Zcash, a well-known cryptocurrency famous for its focus on confidential transactions. Ripple’s approach shows how the company is inspired by proven privacy concepts and adapting them to strengthen the XRP Ledger.

The latest update further underscores the XRP Ledger’s growth into a more improved, private, and user-focused network. As privacy remains a key topic in crypto, the Zero Knowledge Proofs privacy upgrade helps the XRP Ledger stand out as a more secure, enterprise-grade blockchain network.

This week, crypto market intelligence platform Messari released its Q3 State of XRP Ledger (XRPL) report, revealing a maturing network that continues to draw institutional attention. The data points to stronger engagement, increased transaction volumes, and a growing number of new addresses, signaling that the Ledger is evolving from a retail-heavy blockchain into one increasingly driven by enterprise-adoption and Real-World Asset (RWA) tokenization. 

Institutional Activity Reflected In XRP Ledger Network Growth

Messari’s report highlights clear signs of institutional movement within the XRPL network during Q3 2025. Average daily transactions rose 8.9% Quarter-Over-Quarter (QoQ), from $1.6 million to $1.8 million. Likewise, the average daily active sender addresses increased by 15.4% from 21,900 to 23,300, while total new addresses rose by 46.3% to 447,200. Overall, the Ledger closed the quarter with 6.9 million total addresses, up 6.1% from the previous quarter, according to Messari’s metric chart. 

Notably, for the fifth consecutive quarter, Messari notes that the number of active receiver addresses on the Ledger continued to surpass the number of active sender addresses. In Q3 2025, average daily receivers declined 30.01% QoQ, falling from 72,000 to 50,300, while average daily senders rose 15.4% from 21,900 to 25,300. 

Despite the drop in receiver activity, data shows that total network throughput strengthened, with average daily transactions climbing 8.9% QoQ to $1.8 million. This reflects a more concentrated and higher-value transaction flow, typically linked to custodians and CEXs, which use destination tags to manage deposits for institutions and large groups of users. 

Messari also reported that “Payment” transactions on XRPL remained dominant, representing 55.7% of total network activity, while “OfferCreate” transactions, which submit orders to exchanges, increased to 33.2%. This marks the seventh consecutive quarter that Payments have led transaction types. 

Data shows that payment volume rose 1% QoQ to 986,600 after a previous decline, while OfferCreate activity showed growing liquidity operations among institutional market makers. OracleSet, used to create or update on-chain price oracles, also rose to 0.7% of all transactions, underscoring the Ledger’s growing integration with asset pricing and financial data feeds since their activation in late 2024. 

Infrastructure Upgrades And ETFs Signal XRPL Institutional Adoption 

The second half of Messari’s report highlights structural developments in the XRPL ecosystem aimed at facilitating institutional adoption. Data reveals that the Ledger introduces Multi-Purpose Tokens (MPTs) that embed metadata for RWA parameters. 

It also implemented confidential MPTs secured by Zero-Knowledge Proofs (ZKPs) and advanced credential systems supporting KYC and AML compliance. Together, these upgrades address the network’s identity, financial, compliance, and privacy requirements, laying the foundation for widespread institutional adoption. 

Messari further reported that Institutional sentiment is further supported by the pending approval of seven US Spot XRP ETF applications. Notably, the US Securities and Exchange Commission (SEC) is expected to issue its decision between October 18 and November 14. Polymarket currently assigns a 99% probability that a US XRP ETF will be approved in 2025.