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Bitcoin’s (BTC) explosive rally, which saw the asset hit a record high above $125,000, appears to be losing steam after reaching its final resistance level.  As per an outlook by prominent online cryptocurrency analyst TradingShot , Bitcoin’s current state signals a potential short-term correction before the next major breakout. This projection is based on the technical formation where Bitcoin was rejected at the higher highs trendline around $126,000 that has guided price action since July 14.  This same trendline has repeatedly acted as resistance, marking the peaks of previous rallies within Bitcoin’s ongoing three-month consolidation phase. Bitcoin price analysis. Source: TradingView In a TradingView post on October 7, the analyst noted that the current rejection mirrors earlier patterns seen in mid-July and mid-August, both of which triggered sharp retracements. At the same time, the four-hour Relative Strength Index (RSI) once again shows a bearis...

Grayscale Investments says it’s adding staking Features to several of its cryptocurrency exchange-traded funds (ETFs), marking the first time US-listed spot crypto exchange-traded products (ETPs) will offer staking rewards. The firm says its Grayscale Ethereum Trust ETF (ETHE) and the Grayscale Ethereum Mini Trust ETF (ETH) will both now allow staking. The company also activated staking for the Grayscale Solana Trust (GSOL). Grayscale said it plans to seek regulatory approval to uplist the Solana fund as an exchange-traded product, which would make it one of the first Solana spot ETPs to include staking. Says Peter Mintzberg, Grayscale CEO, “Staking in our spot Ethereum and Solana funds is exactly the kind of first mover innovation Grayscale was built to deliver. As the #1 digital asset-focused ETF issuer in the world by AUM, we believe our trusted and scaled platform uniquely positions us to turn new opportunities like staking into tangible value potenti...

The approval of 11 spot Bitcoin ETFs in 2024 was a historic decision by the US SEC. Today, BlackRock’s IBIT Bitcoin ETF is the firm’s most profitable ETF product by quite a margin. The world’s largest asset manager has earned $245 million in fees from its BTC ETF, $25 million more than the second most profitable ETF. Bloomberg ETF analyst Eric Balchunas took to X and highlighted that BlackRock’s IBIT ETF is just moments away from hitting $100 billion. $IBIT a hair away from $100 billion, is now the most profitable ETF for BlackRock by a good amount now based on current aum. Check out the ages of the rest of the Top 10. Absurd. pic.twitter.com/E8ZMI2wynx — Eric Balchunas (@EricBalchunas) October 6, 2025 BlackRock’s Bitcoin ETF Bet Paying Off Source: Coinsturn The table shared by Balchunas also shows that the IBIT ETF became BlackRock’s most profitable ETF within just one year, while other products are more than 12 years old, and in many cases, mo...

Michael Saylor is urging popular YouTuber Jimmy Donaldson, also known as MrBeast, to buy Bitcoin even as Strategy hits the brakes on its own BTC accumulation. Saylor’s message to the YouTube megastar came after MrBeast posted about the rapid progress of AI on X, w hich he says poses a potential threat to YouTubers’ income.  “When AI videos are just as good as normal videos, I wonder what that will do to YouTube and how it will impact the millions of creators currently making content for a living,” MrBeast said. ”Scary times.” Saylor, a long-time advocate for Bitcoin, replied by saying, “Buy Bitcoin MrBeast.” Buy Bitcoin MrBeast. — Michael Saylor (@saylor) October 5, 2025 Strategy Pauses Its Bitcoin Accumulation As BTC Trades Near ATH Strategy is the largest corporate holder of Bitcoin, and is well-known for pioneering the crypto treasury trend when it started accumulating BTC back in 2022. Since then, 344 entities have ...

Latin American countries, commonly known as South America, would be ready to accept the BRICS cross-border payment initiative, says Russian Deputy Foreign Minister Sergey Ryabkov. Ryabkov revealed that the work on the cross-border payment initiative is being advanced. The formation of the payment system was discussed during the BRICS summit in July, and South America could adopt the services, he said at the “Interest in BRICS is expanding in the (South America) region,” Ryabkov added. He stressed that the cross-border payment initiative could be ready by 2030. The move could ruffle a lot of feathers in the financial market and challenge the West. “Work is underway in all BRICS dimensions under Brazil’s chairmanship. The agreement on the BRICS economic partnership strategy through 2030 is being finalized. The cross-border payment initiative is being advanced,” he said, signalling that countries in South America would come under the services. Ryabkov spoke about ...

The US Treasury reportedly plans to mint new $1 coins with US President Donald Trump’s face, according to a Fox Business report. The coins would celebrate Trump and commemorate the 250th anniversary of America’s founding. “Under the historic leadership of President Donald J. Trump, our nation is entering its 250th anniversary stronger, more prosperous, and better than ever,” a Treasury spokesperson told FOX Business. JUST IN: US Treasury plans to mint $1 coins with President Trump's face. — Watcher.Guru (@WatcherGuru) October 3, 2025 “While a final $1 dollar coin design has not yet been selected to commemorate the United States’ semiquincentennial, this first draft reflects well the enduring spirit of our country and democracy, even in the face of immense obstacles. We look forward to sharing more soon,” the statement added. A draft image of the coin is making its rounds on social media, depicting Trump in front of an American flag with h...

As Shiba Inu’s price stagnates in the charts, 23 cryptocurrency experts provided their trading strategy on whether to buy, sell, or hold the token. The insights would help traders make informed decisions about their investments and adjust their strategies accordingly. In this article, we will highlight the conclusions of 23 cryptocurrency experts from Finder’s panel, who provided their insights on whether investors should buy, sell, or hold Shiba Inu. Also Read: Analysts Debate: Will Shiba Inu Come Back After Massive Price Decline? What Should You Do Now? Buy, Sell, or Hold Shiba Inu? Source: Pixabay The majority of cryptocurrency experts from the Finder’s panel gave a ‘hold’ call for Shiba Inu. Around 57% of the strategists advised traders to hold on to their tokens for as long as it takes. “I am unsure of where Shiba Inu price action is headed over the long term. I expect the token to follow the broader memecoin market through 2025, which I am bulli...

A popular economist believes that one altcoin project supported by the BNB Chain ecosystem is setting the stage for a massive breakout. In a new X post to his 215,200 followers, Alex Krüger says that Plasma (XPL) is likely to have an explosive move to the upside once the token forms a local bottom. Plasma is a proof-of-stake (PoS) layer-1 project optimized for large-scale stablecoin payments and compatible with Ethereum (ETH). “Seeing widespread FUD (fear, uncertainty and doubt) around Plasma following its two-day ~40% price correction. Dump is driven by profit taking from unlocked ICO (initial coin offering) participants (non-US participants were unlocked) who are/were up about 20x-30x in under four months, in size. Abnormally high funding can be indicative of spot selling. Expect a strong move up as soon as indiscriminate spot selling subsides, whenever that may be.” Source: Alex Krüger/X Popular analyst Altcoin Sherpa is also predicting an XPL bo...

SBI Crypto, a mining pool division of the $14 billion Japanese conglomerate SBI Holdings, has allegedly failed to disclose the loss of $21 million worth of digital assets to its members. This is according to investigative researcher ZachXBT. The company allegedly lost bitcoin (BTC), ether (ETH), Dogecoin (DOGE), Bitcoin Cash (BCH), and Litecoin (LTC) over a week ago.  Neither ZachXBT nor Protos could find evidence that the company disclosed any such loss to its members. Protos reached out to SBI Crypto for comment but didn’t receive a response prior to publication time. Tracing the movement of funds across the five blockchains into coin mixer Tornado Cash and instant exchanges, ZachXBT claimed the incident shares similarities to state-sponsored attacks by North Korea . SBI Crypto is a significant contributor to the security of the Bitcoin ledger, mining at least 692 blocks and ranking sixth among pool operators by hashrate over the last 12 months. Bitcoin...

A new government-run drug purchasing website is set to change how Americans access prescription medications, and Pfizer became the first major pharmaceutical company to join the platform on Tuesday. The TrumpRx.gov agreement eliminates middlemen from the drug supply chain while establishing international price matching across developed countries. Pfizer stock responded with a 6.8% gain, though shares remain 13.3% below year-ago levels at the time of writing. Also Read: Saudi Arabia Buys EA Games in Kushner-Led $55B Takeover Pfizer (PFE) Stock Price Gains as TrumpRx Deal Cuts Drug Prices Source: KLLC Direct-to-Consumer Model Bypasses Traditional Distribution The rally came after the company agreed to match U.S. medication costs with those in other developed countries. Pfizer will also participate in TrumpRx.gov, which is fundamentally a government platform that will open in early 2026 and will remove pharmacy benefit managers out of the entire supply chain. The company will discount pri...

The Ethereum price jumped 2.4% in the last 24 hours to trade at $4,186 as of 4:05 a.m. EST on trading volume that surged 41% to $36.2 billion. This comes as BitMine chairman Tom Lee says ETH is priced at ‘a discount to the future’ with future adoption of the blockchain by Wall Street and AI companies set to push the token higher. “We continue to believe Ethereum is one of the biggest macro trades over the next 10-15 years,” Lee said . “Wall Street and AI moving onto the blockchain should lead to a greater transformation of today’s financial system. And the majority of this is taking place on Ethereum.” Lee’s words come as BitMine announced on Monday that its holdings stand at 2.65 million Ether worth $11.6 billion.  🔥 BitMine now holds 2.65M ETH ($11B) — by far the world’s largest ETH treasury. Chairman Tom Lee: “ETH is trading at a discount to the future” 🚀 as Wall Street + AI adoption a...

Billionaire Mike Novogratz is unveiling four major crypto asset holdings, saying that the market has more room to grow. In a new interview with crypto entrepreneur Kyle Chasse on his YouTube channel, the Galaxy Digital chief executive says that the firm owns a “shackload” of Bitcoin (BTC), Ethereum (ETH), Solana (SOL), and Hyperliquid (HYPE). “I don’t want you people to think I’m bearish because I own a shackload of crypto. We own Bitcoin. We own a lot of SOL through this… We own a lot of Hyperliquid. I own a lot of Ethereum. Those are my big four positions. But add all those up and I can retire like 15 times over.” According to Novogratz, the markets could skyrocket if President Donald Trump gets to appoint someone who agrees with his economic views as the next Chairman of the Federal Reserve. “What I’m thinking… very well is going to happen is we’re going to lose the independence of the Fed. Why do I think ...

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The Hyperliquid price has tumbled almost 2% in the last 24 hours to trade at $42.26 as of 12.30 a.m. EST even as fund manager Bitwise filed for a Hyperliquid ETF. The news of Bitwise’s HYPE ETF filing initially brought a short boost for the token, with the price popping about 4% to $42.50 before paring gains The ETF is designed to provide investors with direct exposure to HYPE through regulated brokerage accounts, with Coinbase Custody serving as the custodian.  JUST IN: Bitwise files S-1 for a spot $HYPE ETF. pic.twitter.com/RxdQhKwyBk — crypto.news (@cryptodotnews) September 26, 2025   The ETF does not qualify for fast-track SEC approval because there are currently no regulated HYPE futures contracts. This means the process to get the ETF live might take months. HYPE Price Tests Key $42 Support As Bulls Eye Rebound On the daily chart, HYPE has been falling sharply from the recent high near $56, losing momentum as it crashed below its 50-day simple movin...