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Crypto Trends

Tom Lee’s BitMine (BMNR) Raises $365M at $70 a Share to Expand Its Massive ETH Treasury

by admin September 22, 2025

BitMine Immersion Technologies (BMNR), chaired by Tom Lee, said Monday it now controls more than 2% of ether’s supply and raised $365 million to expand its holdings.

The company announced this morning that its treasury, valued at $11.4 billion as of Sept. 21, consists of 2,416,054 ETH at $4,497 per token, 192 bitcoin BTC$113,000.36, $345 million in cash and a $175 million equity stake in Eightco Holdings.

BitMine described itself as the world’s largest public holder of ether and the second-largest crypto treasury overall, trailing only Michael Saylor’s Strategy Inc. (MSTR).

BitMine is chaired by Tom Lee, who is also head of research at Fundstrat and chief investment officer at Fundstrat Capital.

Lee said the company is pursuing what he calls the “alchemy of 5%,” aiming to accumulate 5% of the total ETH supply. “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 said.

Raising funds to grow the treasury

A few hours later, BitMine announced a securities purchase agreement with an institutional investor covering 5.2 million shares of common stock at $70 per share — about 14% above its Sept. 19 close — along with warrants for up to 10.4 million additional shares at $87.50.

The offering is expected to raise $365 million in gross proceeds, with the warrants potentially adding another $913 million, bringing total potential proceeds to about $1.28 billion.

Lee said the primary use of funds would be to expand BitMine’s ether holdings, calling the premium pricing “materially accretive” to existing shareholders.

BitMine added that institutional demand reflected growing interest in ethereum as Wall Street integrates blockchain into financial infrastructure.

As of 11:13 a.m. ET, BMNR shares were trading around $55.79, down 9% on the day, according to Google Finance.

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September 22, 2025 0 comments

Crypto Trends

Best Meme Coins to Buy as Dogecoin 730% Pump Might Come Soon

by admin September 22, 2025

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

One of the biggest reasons why 2025 is being looked at as one of the biggest years for crypto – not only in terms of performance so far but also for what’s coming in the months ahead – is Dogecoin’s rise.

Given Dogecoin’s place and importance in the crypto space, especially in the altcoin sector, it’s only natural that analysts everywhere are diving deep into its analysis, trying to guess where it could head next, and how bold a move it could churn out.

Such a rally wouldn’t just suggest a great buying opportunity in Dogecoin itself, but also perfect timing to position yourself in other low-cap, high-upside meme coins.

Read on as we unpack one of the latest and most talked-about Dogecoin analyses – a price prediction from a crypto analyst who believes Dogecoin could be on its way to a 730% pump – and how you can make the most of it by buying the best meme coins right now.

DOGE Poised for a 730% Pump

We’re talking about Javon Marks – or @JavonTM1 on X – who posts to nearly 60K followers and is an ardent crypto analyst.

His recent Dogecoin analysis suggests the token is now gearing up for a third bullish cycle, as you can see in the image below.

Source: @JavonTM1 on X

Cycle 1 was when Dogecoin first shot to fame in 2017, rising around 12,000% in three years.

Then came Cycle 2 in 2021, when Dogecoin surged nearly 25,000%. Now, the trader believes a third cycle could be on its way.

Since future price predictions venture into uncharted territory, the trader has used Fibonacci extensions to arrive at potential upside targets.

He believes that if we see a similar jump in performance as in the past two cycles, Dogecoin could easily 20x from here and hit $5.30.
That said, he also offered a more conservative target, suggesting Dogecoin should at least hit $2.28, which still represents a massive 730% gain from current price levels.

With that in mind, this could potentially be one of the best times to stack your crypto portfolio with under-the-radar meme coins that could rise alongside Dogecoin.

Here are our top 3 suggestions.

1. Maxi Doge ($MAXI) – Upcoming Dogecoin-Themed Meme Coin with 1000x Potential

Maxi Doge ($MAXI) is an exciting new meme coin bringing the unfiltered aura of a fiery mascot the crypto world has been waiting for.

To fully understand $MAXI’s potential, you’ll need to know where it comes from. Think of Maxi as Dogecoin’s distant cousin.

Naturally, with Doge being the first mainstream meme coin, he dominated all family gatherings, leaving Maxi lonely, humiliated, and frustrated.

That’s when Maxi Doge decided to hit the gym, chug protein shakes, and craft the perfect revenge plot to return as DOGE’s ultimate nemesis.

Now, $MAXI intends to be the next 1000x crypto. How? The project has set aside a whopping 40% of its total token supply for advertising campaigns, social media marketing, and influencer partnerships.

There will also be exclusive holder-only events, including weekly trading competitions with leaderboard prizes.

The idea is to build a loyal community of $MAXI traders and HODLers who believe in the token’s degen spirit and absurd mission of taking down Dogecoin.

While most presale projects aim for CEX and DEX listings, $MAXI plans to go a step further and secure listings on future platforms as well.

This will allow high-risk, high-reward crypto traders to slam the leverage pedal and have a real shot at making life-changing gains, all thanks to $MAXI.

Currently in presale, Maxi Doge has already raised over $2.41M from early investors, with each token priced at just $0.0002585. Here’s how to buy $MAXI.

According to our Maxi Doge price prediction, the token could hit $0.0024 by year-end – representing a mouth-watering 820% return.

Visit $MAXI’s official website to learn more about its absurd mission, roadmap, and tokenomics.

2. PEPENODE ($PEPENODE) – Unique Mine-to-Earn Pepe-Themed Meme Coin

PEPENODE ($PEPENODE) is a unique mine-to-earn cryptocurrency project that lets you build virtual mining rigs and earn rewards in the form of free $PEPENODE (native crypto), $FARTCOIN, and $PEPE tokens.

Normally, crypto mining involves expensive hardware and high electricity costs, which makes it inaccessible to the average participant.

PEPENODE changes that by offering a cost-effective alternative through its gamified virtual mining rigs, complete with real-life-like dashboards featuring parameters like hashrate, energy, and rewards.

Every user starts with an empty server room. From there, you buy ‘nodes,’ which are mining components powered by $PEPENODE. Each node increases your rig’s mining capacity.

You can also sync different nodes to boost capacity. It’s worth noting that various permutations and combinations of nodes deliver different boost levels, giving you room to experiment, buy nodes, and optimize your setup.

The best part? Nodes purchased in the early stages have higher mining capacity. This early participation incentive means you can start with a basic rig and eventually upgrade to a massive mining farm.

Moreover, these nodes can also be upgraded or sold, making the ecosystem far more interactive than most presale projects.

The $PEPENODE presale is just getting started but has already raised over $1.38M. Check out our guide on how to buy PEPENODE for help with the purchase.

Right now, 1 $PEPENODE is available for just $0.001070. According to our PEPENODE price prediction, a $100 investment today could turn into $670 by the end of 2026.

Visit $PEPENODE’s official website to learn more about its first-of-its-kind mine-to-earn system.

3. Boba Cat ($BOBA) – Philanthropy Crypto Project Advocating for Cat Shelters Worldwide

Boba Cat ($BOBA) is inspired by the real-life cat of Dogecoin founder Billy Marcus.

But don’t mistake $BOBA for a simple meme coin built around a pet animal; it’s actually a true philanthropist project that supports pet shelters and highlights blockchain’s role in charity.

For instance, $BOBA has already donated $84K across 8 countries, supporting nearly 16 shelters.

Beyond donations, the project also aims to educate non-profit organizations and agencies about cryptocurrency adoption and blockchain technology, helping to increase transparency and address operational challenges.

$BOBA token holders also get the opportunity to participate in governance decisions, voting on key proposals such as partnerships or platform changes. You can even contribute directly by donating $BOBA tokens.

All things considered, it’s no wonder $BOBA has seen a massive price surge. It has gained 1,332% in the last 7 days and 262% in the past 24 hours. It’s currently trading around $0.05943.

Recap: With Dogecoin primed for a chonky rally in the coming weeks, the stage is set for low-cap, high-upside meme coins like Maxi Doge ($MAXI), PEPENODE ($PEPENODE), and Boba Cat ($BOBA) to emerge as the next big breakout winners.

Disclaimer: None of the above constitutes financial advice. The crypto market is highly volatile and unpredictable, so kindly do your own research before investing.

Authored by Krishi Chowdhary, Bitcoinist — https://bitcoinist.com/best-meme-coins-to-buy-as-dogecoin-pump-might-come-soon

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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September 22, 2025 0 comments

Crypto Trends

Hyperliquid’s HYPE Slumps as Attention and Capital Rotate to New DEX Tokens

by admin September 22, 2025

In brief

Hyperliquid’s HYPE token is down double digits over the weekend and another 7.4% today.
Whales selling ahead of HYPE’s token unlock and profit-taking are key reasons for the recent drop, experts suggest.
As competition heats up among decentralized exchanges, DEX tokens such as Aster, STBL, and Avantis have surged over the weekend.

Hyperliquid’s HYPE token is on its fourth consecutive day of a downtrend, while recently launched decentralized exchange tokens have more than doubled over the weekend.

“There’s definitely been an attention shift over the past few days,” Illia Otychenko, lead analyst at CEX.IO told Decrypt, as decentralized exchange tokens including Aster and Avantis, and STBL surged by as much as 124%, 125% and 147% respectively over the weekend, per TradingView data.

Hyperliquid, on the other hand, has shed over 13% from its weekend peak and extended its losses to 7.4% today, at one point dropping to $47.83, per CoinGecko.

On prediction market Myriad, launched by Decrypt’s parent company DASTAN, users flipped bearish on HYPE over the weekend. On Sunday, predictors peaked at a 62% chance of HYPE’s next move carrying it to $69, but by Monday morning those figures had almost reversed, with users placing a 58% chance on HYPE crashing to $39.

Why is HYPE dropping?

The drop in Hyperliquid’s price is due to investors booking profit, Peter Chung, head of research at Presto Research, told Decrypt.

Otychenko echoed Chung’s outlook by stating that there’s “a bit of capital rotation” as whales sell their Hyperliquid tokens.

Among them are Arthur Hayes, founder of crypto exchange BitMEX, who sold 96,600 HYPE on Sunday, worth some $5.1 million.

In addition, roughly 237.8 million HYPE are set to unlock linearly starting November 29, Hayes’ family fund Maelstorm highlighted in a Monday tweet. At the current price of $49, per CoinGecko data, the notional value of the unlock will be roughly $11 billion.

The buybacks from Hyperliquid and the buying pressure from Digital Asset Treasury companies are “a drop in the bucket compared against impending HYPE unlocks,” the Maelstrom article added, citing a potential supply overhang of $410 million per month.

With heightened competition from new decentralized exchanges now palpable, the main question, according to Otychenko, is whether the newly surging tokens can keep the market’s attention once their initial hype cools down.

“Right now, risks are high,” he added. “Aster in particular has over 90% of supply concentrated in just a few wallets, making it prone to sharp swings or manipulation.”

Aster, a Binance Smart Chain-based DEX, recently received an endorsement from Binance co-founder CZ, who tweeted “Good start. Keep building,” at the project last Wednesday.

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September 22, 2025 0 comments

Mutuum Finance shines with 16,450+ holders, $0.06 launch target

Crypto Trends

Mutuum Finance shines with 16,450+ holders, $0.06 target

by admin September 22, 2025

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.

Mutuum Finance has raised over $16 million in its presale, attracting more than 16,400 holders as it advances toward its $0.06 launch price with a beta platform ready on day one.

Summary

MUTM presale price has risen from $0.01 to $0.035, with launch set at $0.06, reflecting strong investor confidence.
The project has sold over 720 million tokens and engaged its community through dashboards, rankings, and giveaways.
Beta platform with dual lending markets, mtTokens, and buy-and-distribute model will launch alongside the token, backed by a CertiK audit and bug bounty program.

Mutuum Finance (MUTM) is a decentralized finance protocol that has maintained a solid traction with its presale progressing. The project has already collected over $16 million, had over 16,400 holders, and sold more than 720 million tokens.

At present valued at $0.035 in Phase Six, the token will eventually go live at its established live price of 0.06, which is a big milestone in what analysts have termed as one of the best presales in 2025. This consistent increase highlights the trust that the investors have in the roadmap and utility-based strategy of Mutuum Finance.

Presale performance to date

Mutuum Finance began its presale in early 2025, offering MUTM tokens at just $0.01 in Phase One. Since then, the project has advanced through multiple stages, with each phase increasing the token price by around 15–20%. By the time Phase Five closed, the token had reached $0.030, and today in presale Phase Six it is priced at $0.035.

This progression represents a 250%–350% appreciation compared to the earliest buyers, with the official launch price of $0.06 set to deliver a 500% token value increase from the starting level. Even for those entering during Phase Six, the climb from $0.035 to $0.06 represents a potential near 2x return by launch.

The presale has also attracted broad participation. Mutuum Finance already has a solid base of liquidity and investor confidence with over 720 million tokens sold and over $16 million raised. It is observed that such performance leaves it far ahead of a number of other similar pre-launch projects, most of which find it difficult to attract at least a quarter of that kind of support before takeoff.

Growing holder base and community engagement

The growing community is one of the strongest indicators of the momentum of Mutuum Finance. The project has since had more than 16,450 holders, both retail and larger investors who have put up their money in the presale. Such a high concentration of ownership diminishes its concentration risk and enhances the stability of long-term ecosystems.

Mutuum Finance has also taken the initiative of community engagement by investing in the presale dashboard. The investors will be able to check the balance of their wallets, calculate the possible returns at the time of launching, and their place in the overall ranking. It is important to note that Top 50 holders ranking will offer further incentives where top participants will be rewarded bonus MUTM tokens upon launch.

In addition to this, Mutuum Finance has launched a promotional campaign of a $100,000 giveaway, which would give ten winners $10,000 in MUTM tokens. Such efforts point to the fact that the project pays much attention to community engagement, and its plan to create momentum by using a mixture of systematic incentives and clear communication. According to analysts, more than hype is the fact that the number of holders has been steadily increasing. It demonstrates that the design, tokenomics, and roadmap execution of Mutuum Finance have developed investor confidence.

Roadmap milestones: Beta launch at $0.06

What sets Mutuum Finance apart from many presale projects is its commitment to launching with immediate functionality. According to the roadmap, the beta version of the platform will go live alongside the token launch at $0.06. This means investors will not have to wait months or years to use the protocol. Instead, they will be able to participate in Mutuum Finance’s dual lending markets from day one. In the peer-to-contract (P2C) model, major assets like ETH and USDT can be supplied into liquidity pools, where interest rates adjust dynamically based on utilization. In the peer-to-peer (P2P) marketplace, users can negotiate custom lending agreements, even for assets typically excluded from pooled markets, such as meme tokens like PEPE or DOGE.

Borrowers have options of variable interest rates which fluctuate with the supply and demand of the pool or steady rates which fix the borrower to specific repayment terms but rebalances in case of drastic changes in the conditions. Analysts believe that this flexibility will aim at creating equilibrium between fairness and accessibility, covering both conservative and risk-taking participants.

Meanwhile, depositors are issued with mtTokens which are minted in a 1:1 ratio with the assets deposited. These earning tokens will earn interest depending on the activity of the pool, and they can be staked in the safety module of the platform to receive extra MUTM rewards. In addition, the buy-and-distribute mechanism takes a portion of protocol fees, purchases MUTM from the open market, and redistributes the tokens to mtToken stakers. Experts believe this feature could help support steady buying pressure and reinforce token value over time.

Building toward $0.06 launch

Mutuum Finance has put the issue of security at the centre of its strategy in an industry where trust is the key to adoption or loss. The project has been audited by CertiK with a score of 90/100 in Token Scan, which means that it is one of the better-performing projects in the DeFi sector.

In a continuation of this, Mutuum Finance has launched a bug bounty program of $50,000 and several levels of rewards. This brings in external researchers and developers to check the vulnerabilities prior to launching the system and make sure that the system is tested by external parties.

Together with its non-custodial architecture, where users have control over their assets, and transparent smart contracts, these and its actions make Mutuum Finance a project with serious long-term trust and reliability.

The presale of Mutuum Finance has already established itself in the year 2025. The project has provided a steady growth at each phase having raised more than $16 million and sold 720 million tokens. The structured price increases, from $0.01 in Phase One to $0.035 today, and $0.06 at launch, reflect a presale design built to reward early commitment and sustain momentum.

What makes the project particularly noteworthy, however, is the roadmap. By launching its beta platform by launch, Mutuum Finance will provide immediate utility to participants, setting it apart from presales that debut with little more than a token. Coupled with its dual lending markets, mtTokens, buy-and-distribute model, and security measures including a CertiK audit and bug bounty, the project is laying down the infrastructure for long-term growth.

To learn more about Mutuum Finance, visit the website and its socials.

Disclosure: This content is provided by a third party. Neither crypto.news nor the author of this article endorses any product mentioned on this page. Users should conduct their own research before taking any action related to the company.

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September 22, 2025 0 comments

Crypto Trends

Gold Rallies an Hour After BTC Drops, Suggesting a Profit Rotation Into Metals

by admin September 22, 2025

Gold, often seen as an analog for sound money, rose 1% on Monday to set another record high and bring its 2025 gain to 43%.

The metal, now trading at $3,721, advanced about an hour after bitcoin BTC$112,814.05, seen by some proponents as a digital form of sound money, posted a 24-hour drop of 3% that cut its price to $112,000 and its year-to-date gain to 17%. The timing suggests the possibility that profits from bitcoin liquidations rotated into gold.

The two assets rarely move in tandem, though there are occasional periods when both rise or fall simultaneously, often with a short lag. This time, the divergence is stronger.

Gold is not the only metal attracting flows. Silver gained 1.5% on Monday to approach $44, its third-highest level since 1975, and is now up more than 50% year to date.

Notably, since the Federal Reserve cut interest rates by 25 bps on Sept. 17, both gold and the S&P 500 are up about 1%. At the same time, U.S. treasury yields have risen, with the U.S. 10-year at 4.125% (up 2.5%) and the U.S. 30-year at 4.7% (up 2%).

The dollar strengthened, with the DXY index adding 1% to 97.5. A stronger dollar typically puts pressure on risk assets, and bitcoin has dropped over 3.5% since the Fed’s move.

Assets since federal reserve rate cut (TradingView)

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September 22, 2025 0 comments

Crypto Trends

Metaplanet Becomes Top 5 Bitcoin Treasury with $633M Buy

by admin September 22, 2025

Japan’s Metaplanet has expanded its Bitcoin treasury with a 5,419 BTC purchase, making it the fifth-largest corporate holder of the cryptocurrency globally.

The company said Monday it acquired 5,419 Bitcoin (BTC) at an average price of 17,281,012 Japanese yen per Bitcoin, or nearly $117,000. With this latest $633 million purchase, the company’s holdings reached 25,555 BTC, making it the fifth-largest corporate Bitcoin treasury, according to BitcoinTreasuries.NET.

Metaplanet’s Bitcoin holdings in 2025 chart. Source: BitcoinTreasuries.NET

The purchase price of its latest tranche of Bitcoin, just short of $117,000, puts the investment at a loss of nearly 3.9% at the time of writing, with a current market price of around $112,500. With the purchase, Metaplanet’s Bitcoin yield — the percentage change in the ratio of total BTC per fully diluted share — reached 10.3% from July 1 to Sept. 22.

Metaplanet’s current Bitcoin holdings are worth nearly $3 billion, significantly higher than the $2.1 billion that they were worth a month ago. Still, the firm’s stock has not seen the same kind of growth over the same time.

Related: Metaplanet, El Salvador adds Bitcoin as sentiment shifts ‘neutral’

Metaplanet trades down

Shares of Metaplanet rose 3.8% on Monday but remain under pressure. The stock has fallen more than 30% in the past month, according to Google Finance. Shares traded at $4.09 on Monday.

Monthly Metaplanet share chart. Source: Google Finance

Metaplanet stock is up nearly 78% this year despite trading well below its all-time high of $15.35 reported on May 21.

Related: Metaplanet clears path for $3.7B Bitcoin accumulation strategy

Metaplanet bets on continued growth

Metaplanet faces mounting pressure as its share price tumbles, threatening the fundraising model it has used to build its Bitcoin treasury. Still, the company appears to be betting on continued aggressive growth and the expansion of its Bitcoin holdings.

Earlier this month, Metaplanet announced the establishment of Metaplanet Income Corp., a wholly owned US subsidiary based in Miami with an initial capital of $15 million. At the same time, the company also unveiled Bitcoin Japan Inc. to strengthen its domestic Bitcoin-related operations.

Also this month, Metaplanet announced that it will issue 385 million new shares to expand its Bitcoin holdings and related businesses. The initiative sees the company issuing the new shares at a discount of nearly 10% and raising an estimated $1.44 billion.

Magazine: Bitcoin mining industry ‘going to be dead in 2 years’: Bit Digital CEO

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September 22, 2025 0 comments

Crypto Trends

Arthur Hayes Shares Why He Dumped HYPE

by admin September 22, 2025

Arthur Hayes, Co-Founder of BitMEX, has sold his entire stash of Hyperliquid (HYPE) tokens, earning roughly $823,000. Initially, Hayes playfully said that the funds were going to be used to buy a Ferrari. Later, Hayes clarified with the actual reason; that the sale was driven by heavy sell pressure from massive token unlocks set to begin on November 29.

Blockchain data from HypurrScan, highlighted by Lookonchain, showed Hayes sold his 96,628 HYPE tokens at a 19.2% profit on September 21.

Following this, Hayes first posted on X with a mischievous reply, “Need to pay my deposit on the new Rari 849 Testarossa.” The HYPE sale came just a month after he predicted that the token could surge 126x over the next three years.

Later, Hayes provided further context, linking to an article titled “HYPE’s Damocles Sword” to explain the main reason behind the dump. He also reassured followers that the token’s long-term potential remains, noting that a 126x increase is still possible and that 2028 is “a long way off.”

HYPE faces a critical test following initial success

HYPE, the native token of the Hyperliquid decentralized derivatives exchange (DEX), has seen remarkable growth. At the time of writing, HYPE was trading at $48.90, down around 9% in the past 24 hours. According to CoinMarketCap, trading volumes have surged dramatically, rising 136% and reaching $552 million.

Additionally, trading activity picked up sharply in August, climbing from roughly $560 million at the beginning of the month to reach a record $3.4 billion on August 24, as reported by DefiLlama.

However, in the article shared by Hayes, analyst Maelstrom flagged an upcoming challenge for HYPE. Starting November 29, 237.8 million HYPE tokens will begin vesting linearly over 24 months. At $50 per token, this amounts to roughly $11.9 billion in team unlocks, adding nearly $500 million to the market each month. This might add a supply overhang of some $410 million monthly.

Even large decentralized autonomous trusts (DATs) like Sonnet, with $583 million in HYPE and $305 million in cash, might cover only a small fraction of these unlocks.

Is Hayes going to reinvest?

Hayes’ sale highlights the difference between personal financial decisions and broader market trends. It is also not known if Hayes intends to re-invest in HYPE.

However, he does have a track record of making bold market predictions. Earlier this month, he said that Bitcoin will surge past $200,000, arguing that traditional four-year halving cycles no longer dictate the market. He also suggested that U.S. Treasury liquidity measures could push crypto markets into an “up only” phase.

While Hayes HYPE sale indicates a personal investment decision, it does not always indicate the long-term prospects of the token. It is recommended to investors to look at market trends, trading volumes, and other data and make decisions bearing in mind that crypto is highly volatile.

Also Read: Hyperliquid Lists ASTER Token Amid Heightened Competition Buzz

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September 22, 2025 0 comments

Crypto Trends

XRP Price Stagnation Can’t Be Blamed on Lawsuit Anymore, Analyst Says

by admin September 22, 2025

Bill Morgan, a lawyer and a prolific XRP commentator, argued that the community can no longer blame all of the token’s woes on the U.S. Securities and Exchange Commission (SEC) now that the long-standing lawsuit has run its course.

Particularly, the legal battle can no longer be used for explaining XRP’s flat price action.

The popular token has been severely underperforming despite some positive developments (such as the launch of the first “spot” XRP ETF in the U.S. and Ripple’s extended partnership with Spanish banking behemoth Banco Bilbao Vizcaya Argentaria (BBVA).

At press time, the Ripple-linked token is changing hands at $2.90, down 4% over the past 24 hours.

Shattered narrative?

The XRP community has long argued that the token was a major laggard due to legal uncertainty stemming from the SEC’s lawsuit against Ripple.

BTC Longs on Bitfinex Rise 20%, Prices Drop Below 100-Day Average

by admin September 22, 2025

Bullish bitcoin BTC$112,938.05 bets on Bitfinex, one of the longest-running crypto exchanges, have notably increased in recent weeks, presenting bearish dues for BTC’s price which has fallen below critical moving average support.

Data from TradingView shows that BTC/USD long positions on Bitfinex have surged by 20% over the past three months, reaching 52,774 margin trading positions. These longs represent positions using borrowed funds to purchase bitcoin, amplifying both potential gains and risks.

Typically, a rise in long positions implies strong buying pressure and a bullish market sentiment. However, bitcoin’s market has historically shown a paradox where increases in leveraged long positions often precede price declines. This phenomenon is attributed to traders’ tendency to misjudge market trends, leading to forced liquidations or discretionary selling that push prices in the opposite direction.

BTCUSD longs on Bitfinex vs BTC’s spot price. (TradingView/CoinDesk)

Historical analysis reveals that BTC/USD longs on Bitfinex frequently move inversely to bitcoin’s price action. For instance, past rallies in BTC have coincided with declines in Bitfinex longs, while price drops have come alongside rising longs. This contradictory pattern marks these long positions as a contrary indicator rather than a straightforward bullish signal.

The current surge in longs, therefore, raises bearish caution. At press time, bitcoin’s price briefly slipped below its 100-day simple moving average of $113,283, a key technical level whose breach often signals potential further downside momentum.

This dynamic underscores a complex interplay: while leveraged longs indicate optimism, they also set up painful liquidations if the market reverses, which could intensify volatility and price declines.

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September 22, 2025 0 comments

Crypto Trends

Bullish Continuation Setup Says Ethereum Price Is Headed For $6,500, Here’s When

by admin September 22, 2025

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

After hitting a new all-time high back in August 2025, the Ethereum price has since slowed down, ranging around $4,200-$4,400 for the most part since the correction. Nevertheless, the cryptocurrency, which is the second-largest digital asset by market cap, is expected to rally again, since it only barely surpassed its previous all-time high by atone $100. For bullish analysts, the target for the cycle still remains that the Ethereum price will cross the $5,000 mark, but will not stop until it crosses above $6,000.

Ethereum Price Remains On The Side Of The Bulls

The recent drawdown, while having beaten the Ethereum price by around 10% since then, has not turned the price action bearish. If anything, crypto analyst HAMED_AZ believes that it is a healthy correction that is helping the altcoin to get ready for the next bullish phase.

One thing that stands out is that the drawdown has led to a corrective phase instead of a freefall. This suggests that the pullback is healthy for the digital asset and is rather bullish, especially as the Ethereum price has continued to maintain an important support zone above $4,100.

With the current corrective phase, the crypto analyst explains that the Ethereum price is now forming a bullish flag pattern. A bullish flag pattern is a continuation pattern that is notoriously known to form after a fast price increase, followed by a brief correction. The last part of the bullish flag pattern is the breakout, and doing so with volume puts the digital asset at a unique advantage to continue its uptrend.

Source: TradingView

Support Zone Needs To Hold

With the bullish flag pattern that formed on the chart, the only major thing that could derail the Ethereum price is if its support fails. Right now, that support remains firm at $4,100 and continues to hold. HAMED explains that as long as the Ethereum price continues to hold this support, then the price action is still very much bullish.

A breakout from the bullish flag pattern would lead to an impulse wave, and this impulse wave could lead to new all-time highs. An around 50% rally is expected to result from this impulse wave, putting the Ethereum price as high as $6,500 before it is over. “Keep a close eye on the flag breakout and watch for bullish momentum to resume once the consolidation completes,” the analyst stated.

In the event of a break below the support level, though, the Ethereum price could be in trouble. The next major support would reside at the $4,000 psychological level, where the bulls would mount their defense.

ETH price crashes toward support level | Source: ETHUSDT on TradingView.com

Featured image from Dall.E, chart from TradingView.com

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September 22, 2025 0 comments