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Crypto Trends

Bitcoin (BTC) Price Prediction for October 4
Crypto Trends

Bitcoin (BTC) Price Prediction for October 4

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The majority of the coins from the top 10 list have returned to the red zone, according to CoinStats.

Top coins by CoinStats

BTC/USD

Unlike other coins, the rate of Bitcoin (BTC) has gone up by almost 1% over the last 24 hours.

Image by TradingView

Despite today’s growth, the price of BTC is near the local support of $122,033. If bulls cannot seize the initiative, traders may expect a further decline to the $121,500 mark.

Image by TradingView

On the bigger time frame, the rate of the main crypto is approaching the all-time high of $124,517. The volume is high, which means bulls are controlling the situation on the market.

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If a breakout happens, the energy might be enough for further growth to new peaks.

Image by TradingView

From the midterm point of view, the price of BTC has once again bounced off the resistance of $123,236. If buyers can hold the initiative, there is a high chance to witness a new all-time high.

Bitcoin is trading at $122,081 at press time.



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Crypto Trends

Bitcoin’s Key Trends Suggest BTC Price Still Has Plenty of Room to Run

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Many investors are currently viewing bitcoin through an end-of-cycle lens, suggesting that Q4 could mark the close of the current market cycle. However, two key metrics point to the possibility that the bull market may actually be in its early stages.

Glassnode data shows that the 200-week moving average (200WMA), which smooths bitcoin’s price over a long-term horizon and has historically only trended upwards, has just breached $53,000.

Meanwhile, the realized price, the average price at which all bitcoin in circulation last moved onchain, has just risen above the 200-WMA at $54,000.

Looking back at previous cycles, we see a consistent pattern. In bull markets, the realized price tends to stay above the 200-WMA, while in bear markets, the opposite occurs.

For example, in the 2017 and 2021 bull markets, the realized price steadily climbed higher and widened its gap above the 200-WMA, before eventually collapsing below it and signaling the start of the bear markets.

While, during the downturn of 2022, the realized price fell below the 200-WMA, it has only recently moved above it. Historically, once the realized price remains above this long-term moving average, bitcoin has tended to push higher as the bull market progresses.



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Crypto Trends

Walmart-Linked Fintech Expands Into Digital Assets

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Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

OnePay, the fintech linked to Walmart, plans to add crypto trading to its mobile banking app later in 2025, according to multiple reports. Sources told news outlets that users will be able to buy, sell and hold Bitcoin (BTC) and Ethereum (ETH) inside the app, a move that would expand OnePay’s lineup of financial services beyond savings and cards.

OnePay To Add Crypto Trading

Reports have disclosed that the crypto functions will be powered through a tie-up with Zerohash, a firm that provides custody and settlement services for digital assets. That suggests OnePay will rely on outside infrastructure rather than build all systems itself.

OnePay was launched in 2021 and is majority owned by Walmart, with early backing from Ribbit Capital, and the company has been steadily rolling out banking features since then.

Partnerships And Product Plans

OnePay is working with Synchrony to relaunch Walmart’s credit card offerings, and Reuters reported a Synchrony announcement dated June 9, 2025, about card programs set to return this fall.

The app also aims to offer savings accounts and buy-now, pay-later options alongside the new crypto window. Users may be given the ability to convert crypto to fiat and then use those funds for purchases in Walmart stores or to pay card balances, though the exact mechanics have not been fully detailed by company spokespeople.

BTCUSD now trading at $122,520. Chart: TradingView

How Much Will Users Get Access To At First?

Several outlets suggest OnePay will start with the two largest tokens, BTC and ETH, rather than a long list of coins. Limits, fees and state availability were not disclosed in the reports, and those details could change before any public launch.

Sources said the rollout is expected sometime later in 2025, with the credit card program arriving in fall 2025, but no firm launch date for crypto trading has been announced.

Regulatory Hurdles And Timing

Regulators at the state and federal level are actively watching crypto offerings from consumer apps, and compliance requirements could shape how quickly OnePay moves.

Based On reports, the company has not publicly filed detailed disclosures tied to the crypto service, and both Walmart and OnePay declined to comment to reporters. That leaves open the possibility of a phased release, restricted to certain users or states at first.

What This Means For Shoppers And Users

If the plan proceeds, Walmart customers who already use OnePay could gain another way to access BTC and ETH without signing up for a separate crypto exchange.

Analysts and users will be watching fees, protections for deposits, and whether the app allows spending crypto directly in stores or requires conversion first.

Featured image from OnePay, chart from TradingView

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.



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Crypto Trends

Trump Tariff Stimmy? Here’s How Much Covid Stimulus Checks Are Worth Now If Invested in Bitcoin

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In brief

  • President Trump said his administration is considering $1,000-$2,000 checks for citizens based on tariff revenues.
  • Americans received up to $3,200 in 2020-2021, up to $40 billion of which was estimated to have been invested in Bitcoin and stocks.
  • That $3,200 could be worth more than $26,000 today if invested in Bitcoin upon receipt of each payment.

President Donald Trump said this week that his administration is exploring a “distribution” of as much as $2,000 apiece to the American people on account of the funds generated by his tariff policies.

“We also might make a distribution to the people, almost like a dividend to the people of America,” the president said in an interview with One America News. “We’re thinking maybe $1,000-$2,000.” 

The last time stimulus checks hit the bank accounts of American citizens, up to an estimated $40 billion was expected to be used to buy stocks and Bitcoin.



Stimulus checks were sent to American citizens as part of a $2.2 trillion stimulus package signed under the first Trump administration during the COVID-19 pandemic in 2020, leading to a surge in Bitcoin and stocks. 

In 2021, with President Joe Biden then in office, another round of stimulus was approved, once more providing Americans with annual incomes below $150,000 with additional checks of up to $1,400. 

If you had invested that first $1,200 into Bitcoin, which was changing hands at $6,878 at the close of April 11, 2020—the first day of direct deposit stimulus payments—then you would have around 0.1744 BTC, worth about $21,270 today. That represents a gain of 1,672%.

Injecting the other two checks into Bitcoin as soon as possible would have provided around another 0.0424 BTC or $5,170 based on the current price

In total, around $3,200 in stimulus checks could have netted you more than $26,000 in Bitcoin if invested in the leading cryptocurrency during those windows.

Though a strong gain, the number pales in comparison to the gains accumulated should you have jammed the funds immediately into Dogecoin. At the meme coin’s 2021 peak, which took place just after the final stimulus, the three stimulus checks would have netted you around 600,000 Dogecoin (DOGE)—about $438,000 worth at its peak.

If you held it all until today, you’d still have nearly $150,000—a gain of more than 4,576%. 

Formal details about the Trump administration’s teased tariff checks remain outstanding, but $2,000 would allow investors to snatch about 0.0165 BTC at present time—over 1.6% of a full coin. Who knows how much that’ll be worth in five years, but if Bitcoin’s history is any indication, then it could be a bet worth making.

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'BNB Microstrategy' faces imminent Nasdaq delisting as price falls below threshold
Crypto Trends

BNB Coin price targets $1,500 as key network metrics jump

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The BNB Coin price continued its strong bull run this week, reaching its highest point on record. This performance may accelerate as key metrics improve. 

Summary

  • Binance Coin price continued its strong bull run this week.
  • The number of transactions on the BSC Chain has soared this month. 
  • The network will burn tokens worth over $1.2 billion soon. 

Binance Coin (BNB) token jumped to a high of $1,190, up 478% from its lowest level in 2023. This surge has pushed its market capitalization to over $162 billion, making it the fifth-largest cryptocurrency in the industry.

Third-party data shows that most metrics on the BNB Smart Chain have soared in recent months. For example, Nansen data shows the network had over 36 million active addresses, a 6.1% increase month-over-month.

The data also shows that the number of active transactions on the network jumped by 65% in the past 30 days, reaching 413.7 million.

Meanwhile, data by DeFi Llama data shows that the total value locked in the ecosystem rose to $12.52 billion, up sharply from the year-to-date low of under $5 billion. The biggest players in the ecosystem are PancakeSwap, Lista DAO, Venus, and Aster.

BSC’s growth has led to a significant increase in the fees generated by the network. Network fees rose by 117% over the past 30 days to $24.5 million.

The BNB price has also increased due to its deflationary nature, as token unlocks continue. The network will soon burn 1.4 million coins valued at over $2 billion. This is part of its strategy to reduce the number of coins in circulation from 139 million today to 100 million.

BNB Coin price technical analysis 

Binance Coin price chart | Source: crypto.news

The weekly chart shows that the BNB Coin price has surged in recent months. It has broken above key resistance levels at $1,000 and $791—the highest point since November last year.

The Binance Coin price has moved above all major moving averages. Additionally, the Average Directional Index (ADX) and the Average True Range (ATR) indicators have continued to rise.

Therefore, the token will likely continue its upward trend as bulls target the key resistance level at $1,500. However, a move below the psychological level of $1,000 would invalidate the bullish outlook.



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Solana Is the New Wall Street, Says Bitwise CIO, Calling It ‘Extraordinarily Attractive’

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Solana’s role in the race to capture tokenized markets won new attention this week when Bitwise CIO Matthew Hougan called it “the new Wall Street.”

Speaking with Solana Labs’ Akshay Rajan on Oct. 2, Hougan said global financial leaders increasingly recognize the disruptive potential of stablecoins and tokenization.

He noted that the heads of the SEC and Bank of England, along with BlackRock’s CEO, have all signaled that digital assets could reshape payments and securities markets. Hougan added that this narrative resonates strongly with investors who understand the scale of change such technologies could bring.

Hougan said that once audiences begin to consider how to gain exposure to blockchain, comparisons between platforms inevitably follow. In that evaluation, he argued, Solana’s combination of speed, throughput and near-instant finality makes it “extraordinarily attractive.”

He cited improvements from 400 microseconds to 150 microseconds in settlement speed, describing the feature as intuitive for those accustomed to trading environments where execution and latency are critical.

Framing Solana as “the new Wall Street,” Hougan said the blockchain’s technical edge is resonating with market participants. He said the narrative is “really resonant” and added that “you’ll see substantial flows.”

Technical Analysis of SOL’s Price Action

According to CoinDesk Research’s technical analysis data model, during the 23-hour session from Oct. 3 at 15:00 UTC to Oct. 4 at 14:00 UTC, SOL traded within a narrow $8.40 range between $228.19 and $237.04, reflecting a period of consolidation.

The high was set at $237.04 around 16:00 on Oct. 3 before steady selling pressure pushed the price lower toward the $228–$229 area, which acted as support.

Trading activity was strongest early in the session, with volumes peaking at 3.29 million units around 17:00, but gradually declined to just 42,637 by the closing hour of the analysis period. This sharp reduction in volume suggested weakening participation and a potential pause before a larger directional move.

In the final 60 minutes, from 13:11 to 14:10 UTC on Oct. 4, SOL broke below the established $228–$229 support zone. Prices fell from $229.84 to $228.94, a 0.39% drop that confirmed the bearish shift.

Within this window, the market showed two phases: an early rebound attempt that briefly lifted the price to $229.78 at 13:38, followed by renewed selling that drove the token down to $228.72.

Importantly, this breakdown coincided with a surge in volume. The single busiest minute occurred at 14:01, when 18,011 units traded — the highest one-minute reading of the session.

This pattern of falling price alongside rising volume suggested larger sellers were active, potentially increasing the likelihood that bearish momentum continues.

Disclaimer: Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards. For more information, see CoinDesk’s full AI Policy.



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How Low Can The Price Go Next?
Crypto Trends

How Low Can The Price Go Next?

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Key takeaways:

XRP (XRP) has repeatedly broken above the $3 level since its November 2024 boom, but each attempt has ended in a fakeout followed by deeper corrections.

XRP/USD four-hour price chart. Source: TradingView

On Saturday, its price once again slipped below its $3 support, coinciding with its 200-4H exponential moving average (EMA; green wave).

Can the XRP price decline even further in the coming days? Let’s examine.

XRP chart fractal puts 15% correction in play

XRP is mirroring a bearish fractal that may trigger a 15% drop toward $2.60 in the coming days.

In September, the token’s price formed a rounded top, then slipped into a period of symmetrical triangle consolidation before breaking down sharply. That move sent XRP prices tumbling toward the $2.70 area.

XRP/USD four-hour price chart. Source: TradingView

A similar sequence is playing out again in October.

On the four-hour chart, XRP has formed another rounded top and is consolidating within a bearish flag. This structure often leads to another leg lower by as much as the maximum distance between its upper and lower trendlines.

The four-hour relative strength indicator (RSI) contributes to this risk, as it has been correcting from overbought levels above 70 and still has room to decline before the oversold threshold of 30.

Related: XRP price reclaims $3, opening the way for 40% gains in October

XRP may first test flag support at $2.93. A decisive close below it could confirm a breakdown, potentially opening the way to $2.60, a decline of nearly 15% from current prices.

That downside target aligns with XRP’s 200-day EMA (the blue wave in the chart below).

XRP/USD daily price chart. Source: TradingView

A bounce from 20- ($2.93) or 50-day ($2.52) EMAs may invalidate the bearish outlook, prompting a rebound toward $3 again.

$500 million long squeeze can fuel the XRP sell-off

XRP’s $3 level sits right in between two heavy liquidity pockets, according to data resource CoinGlass.

On the upside, there are thick clusters of long liquidation levels between $3.18 and $3.40.

For instance, at $3.18, the cumulative short leverage is approximately $33.81 million, suggesting the market could move upward to trigger stop orders if bulls regain control.

XRP/USDT liquidation heatmap (1-week). Source: CoinGlass/HyperLiquid

On the downside, however, the heatmap highlights even larger liquidation pools stacked between $2.89 and $2.73, of over $500 million.

XRP’s decisive close below $3 could trigger a cascade of long liquidations toward $2.89–$2.73. Holding above $3, however, leaves room for a stop-run to $3.20–$3.40.

This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.



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15,660,000,000,000 SHIB in 24 Hours: Shiba Inu OI Underwater
Crypto Trends

15,660,000,000,000 SHIB in 24 Hours: Shiba Inu OI Underwater

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The sharp decline witnessed in the SHIB trading price has also extended to its derivatives market as data from CoinGlass shows a notable decrease in its open interest over the last 24 hours.

With the data showing that SHIB futures open interest has plunged by 2.19% in the last 24 hours, the declining momentum flashes signals of new selling pressure on the market.

15,660,000,000,000 SHIB committed as bulls relent

Following the decline in SHIB’s derivatives activity, the leading dog-themed meme coin has seen only 15,660,000,000,000 of its tokens committed to open interest in the last day. This is worth $198.48 million per SHIB’s trading price during the period.

After multiple days of high price rallies, it appears that uncertainty is gradually stepping into the crypto market, with sudden price reversals sparking fears and doubts among market participants.

As such, the negative market trend has seen the total amount of money invested in Shiba Inu derivatives over the last day decrease substantially, suggesting reduced optimism and interest among investors.

While investors are still resilient on their bullish sentiments for the “Uptober” rally, they have shown less worry about the sharp reversal in SHIB’s on-chain activities as they believe it is only a brief response to the broader market headwinds; this suggests that the asset will be back on the positive trail in the near term.

With the negative trend reflecting on SHIB’s trading price during the period, data from CoinMarketCap shows that Shiba Inu has recorded a modest decline of 0.09% in the last 24 hours, trading at $0.00001245 as of press time.

Nonetheless, the fall in Shiba Inu open interest has expanded across major trading platforms, with Gate.io seeing a higher decrease of 4.21% in the metric as it accounts for nearly half of the total SHIB futures market.

Coinbase, on the other hand, has seen its SHIB derivatives activity remain on the positive side. While it accounts for only 0.34% of the SHIB derivatives market, the SHIB open interest volume on the U.S crypto exchange has surged by 1.54% over the period.



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Brazil’s Mercado Bitcoin Bets on ‘Invisible Blockchain’ Approach to Build Financial Super App

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Twelve years after launching as a cryptocurrency exchange, Mercado Bitcoin aims to be something entirely different.

Less focused on price charts and trading pairs, the São Paulo-based company now talks more about Brazil’s central bank’s PIX payments, digital fixed income, and streamlined remittances.

Mercado Bitcoin’s head of corporate development, Daniel Cunha, told CoinDesk in an interview on the sidelines of the exchange’s DAC 2025 conference that the firm wants to become the app where Brazilians manage their financial lives. A kind of “super app” for spending, saving, and investing.

Yet, calling MB a “super app” may not quite capture the essence of the strategy. Its leadership prefers a different term: a financial hub that blends legacy finance with blockchain, letting users tap into both without needing to understand either.

“The revolution happens when the protocol disappears,” Cunha told CoinDesk. “The customer doesn’t want to hear about blockchains and tokens. They want to know the rate, the risk, and the maturity date,” he said, referring to the exchange’s tokenized fixed income offerings.

‘Invisible blockchain’

That thinking has reshaped how MB presents itself to users. Instead of relying on crypto-native vocabulary, the company now emphasizes features in its offering. One major change involved scrapping the term “tokenization” in user-facing materials altogether, Cunha said.

“We tried a ton of variations,” Cunha said. “When we stopped saying ‘token’ and started saying ‘digital fixed income,’ things took off.” The idea is to have a product whose backend is powered by blockchain technology, but the frontend remains more recognizable to the masses.

Essentially, MB’s bet is that “invisible blockchain” is the next frontier.

“We’re going to see a lot of people use blockchain without realizing they’re using blockchain,” MB said. “That’s when you know the revolution has happened.”

The firm’s flagship blockchain-based investment products focus on tokenized private credit, a segment it believes is underserved and ripe for disruption in Brazil.

Brazil ranks among the top five countries for retail crypto usage, according to Chainalysis’ Global Crypto Adoption Index. MB is positioning itself as an answer to a pain point common in the country through a stablecoin-based remittance service.

A pivot from trading

Despite all the new initiatives, MB’s core business, crypto trading, still accounts for the majority of its revenue. But that balance is shifting.

At its peak, trading made up 95% of the firm’s income. Today, that number is closer to 60%, with the rest coming from payments, custody, tokenized investments, and services like asset management. Over time, the company expects trading to fall below 30%, Cunha revealed.

As part of that shift, the firm is also expanding geographically. It now has a client-facing operation in Portugal and is building institutional channels in the U.S., aiming to link capital and investment opportunities across markets.

Mercado Bitcoin, where a significant portion of assets under management are made up of small and medium enterprises’ treasuries, expects to surpass 3 billion reais ($563 million) in tokenized credit issuance by year-end. About 20% of assets under custody on the platform are now tokenized real-world assets (RWAs), up from virtually zero just a few years ago.

The pivot sits within a wider push to build “financial super apps.” Coinbase CEO Brian Armstrong has said Coinbase aims to be a crypto-powered “super app” that would provide “all types of financial services.”

Beyond crypto, fintechs such as Revolut and Paytm are bundling payments, lending and investing. The playbook borrows from WeChat and Alipay, apps that bundle social, financial, and other features.

Read more: Crypto Exchange Mercado Bitcoin to Tokenize $200M in Real-World Assets on XRP Ledger



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Crypto Trends

Bitcoin Price Still On Track To Hit $165,000, JPMorgan Analysts Reveal Timeline

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Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

JPMorgan analysts, led by Nikolaos Panigirtzoglou, have predicted that the Bitcoin price could still rally to $165,000. They also provided a timeline for when this could happen and their reasons for this bullish outlook on the flagship crypto. 

JPMorgan Analysts Predict Bitcoin Price Rally To $165,000

JPMorgan stated that Bitcoin is undervalued against gold and that it had significant upside to $165,000, which it could reach by year-end, marking a new all-time high (ATH) for BTC. Analysts at the bank noted that the steep rise in the gold price over the past month has made Bitcoin more attractive to investors relative to gold, especially as the BTC-to-gold volatility has drifted lower to below 2.0.

The analysts noted that this volatility ratio implies that BTC currently consumes 1.85 times more risk capital than gold. Therefore, BTC’s market cap would have to “mechanically” rise by close 42%, putting the Bitcoin price at $165,000, to match the volume-adjusted basis of the around $6 trillion of private sector investment in gold. In line with this, the JPMorgan analysts declared that the mechanical exercise could thus imply significant upside for BTC. 

Source: Chart from Matthew Sigel on X

The JPMorgan analysts also alluded to the ‘debasement trade’ as investors continue to invest in Bitcoin and gold as a hedge against inflation. This is evident in the increase in Bitcoin ETF inflows once again, with these funds taking in over $3.2 billion in net inflows this week, according to SoSo Value data. 

This marks the second-largest net weekly inflows since they launched last year. Thanks to this, the BTC price has started October on a high note, up already 7% since the start of the month. Meanwhile, BTC already came close to reaching its ATH of $124,400 yesterday, rising to as high as $124,000. 

Standard Chartered Gives More Bullish Prediction

Standard Chartered analyst Geoff Kendrick has provided a more bullish outlook for the Bitcoin price, predicting that it could rally to $200,000 by year-end. He believes that BTC could hit a new record if the U.S. government shutdown is prolonged, noting the flagship crypto’s correlation with Treasury term premiums. 

He also predicted that the BTC price could rally to $200,000 as more inflows pile into the BTC ETFs, with investors viewing the crypto asset as a hedge against macroeconomic uncertainty. Meanwhile, the Standard Chartered analyst forecasts that BTC could rally to $135,000 soon, which is above Citigroup’s $132,000 year-end target for the flagship crypto. Notably, rallies to these targets will mark a new ATH for Bitcoin. 

At the time of writing, the Bitcoin price is trading at around $112,500, up over 2% in the last 24 hours, according to data from CoinMarketCap.

BTC trading at $122,268 on the 1D chart | Source: BTCUSDT on Tradingview.com

Featured image from Getty Images, chart from Tradingview.com

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.



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