Category:

Crypto Trends

CEO of BitGo Mike Belshe in a chair on-stage at Consensus 2023 (Shutterstock/CoinDesk)

Kevin Durant Recovers Bitcoin Bought at $650, Now Up Over 17,700%, After Nearly a Decade

by admin September 20, 2025

NBA forward Kevin Durant has access to his bitcoin again, after being locked out of his Coinbase account for nearly a decade. In that time, the price of BTC rose by more than 17,700%.

“We got this fixed. Account recovery complete,” Coinbase CEO Brian Armstrong posted on X, responding to a viral tweet about Durant’s access issues.

The recovery comes days after Durant and his business partner, Rich Kleiman, discussed the lockout at CNBC’s Game Plan conference. “It’s just a process we haven’t been able to figure out,” Kleiman said. Still, he noted, “bitcoin keeps going up… so, I mean, it’s only benefited us.”

Durant bought bitcoin in 2016 after hearing about it from then-teammates on the Golden State Warriors. At the time, bitcoin traded between $360 and $1,000 and Durant is estimated to have bought at around $650 per coin.

It’s now hovering near $116,000, according to CoinMarketCap data. Neither Durant nor Kleiman disclosed the size of his holdings.

Durant and Kleiman are investors in Coinbase and have promoted the company through their media outlet, Boardroom.

The episode comes amid growing frustration among some Coinbase users, who alleged they’ve faced similar issues retrieving account access or getting help from customer support. Armstrong acknowledged the criticism on social media, saying the company is “putting a big focus” on improving customer support.

Source link

September 20, 2025 0 comments

Crypto Trends

Best Altcoins to Buy as Grayscale Launches GDLC, the First Index-Based Spot Crypto ETF

by admin September 20, 2025

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

The arrival of the new SEC Chair Paul Atkins ushered in a never-before-seen wave of optimism in the crypto community, and for good reason.

Atkins publicly voiced his commitment to improving and supporting crypto infrastructure. He even said he wants to assist Donald Trump in making the U.S. the crypto capital of the world.

Read on as we unpack this in detail, discussing how it opens up an entirely new option for crypto investors. We’ll also point you toward the best altcoins to buy now.

Grayscale’s GDLC Simplifies Crypto Investing

This product is essentially a one-stop shop for crypto investors, with Bitcoin accounting for about 73% of the fund’s weight, followed by Ethereum at 17%.

That’s pretty much what the standard Bitcoin textbook says: if you’re creating a strong long-term portfolio, go heavy on Bitcoin, followed by Ethereum.

For a long time, investors have been demanding a mutual-fund-like product, similar to the stock market. Something that gives them a simple, centralized way to invest in crypto without going through the entire process of setting up cold or hot wallets, buying each individual currency, calculating fees, and constantly adjusting proportions.

That was too complex and arguably one of the biggest deterrents for new crypto users. But with Grayscale’s new launch, that barrier is effectively gone.

‘This launch is more than just another ETP – it’s a reflection of our decade-long commitment to being first, moving fast, and giving investors transparent exposure to the crypto ecosystem,’ said Grayscale CEO Peter Mintzberg.

Even better, this index will automatically be rebalanced every quarter to ensure alignment with the evolving market leadership in crypto.

Here’s the kicker: with crypto gaining mainstream legitimacy at breakneck pace, your portfolio needs to have low-cap, high-upside gems to capitalize on the upcoming bull run.

Here are our top 3 picks for the best crypto to buy right now.

1. Bitcoin Hyper ($HYPER) – Layer 2 Bitcoin Solution for Solana-Like Speed and Scalability

Bitcoin Hyper ($HYPER) is the first Layer 2 solution built for the Bitcoin blockchain, aiming to solve the issues of speed and scalability.

As of now, Bitcoin can only process 7 transactions per second, leading to slow confirmations and high costs. Bitcoin Hyper leverages Solana Virtual Machine (SVM) integration, which enables parallel execution.

This means transactions on $HYPER can be processed simultaneously, as long as they’re unrelated. The result is faster processing, lower fees, and significantly higher throughput.

Another major limitation of Bitcoin is that it isn’t compatible with Web3 and DeFi applications, causing it to miss out on the explosive growth of decentralized finance and other blockchain-based innovations.

With $HYPER’s SVM integration, developers can now build dApps and execute smart contracts without compromising Bitcoin’s security.

Adding to this is a decentralized, non-custodial canonical bridge that serves as a user-friendly portal to $HYPER’s Web3 environment:

Lock in your Layer 1 Bitcoin with the bridge.
Receive an equivalent amount of Layer 2 $BTC tokens.
Use these L2 tokens for staking, lending, swapping, NFTs, DAOs, and DeFi applications.
Once done, redeem your original L1 $BTC by sending the L2 tokens back through the bridge.

In short, $HYPER provides a fast utility and compatibility lane to an otherwise limited Bitcoin, which explains why its presale has been such a massive success.

The project has already raised over $17.16M, including $418K from whales in just the last 19 days. Here’s how to buy Bitcoin Hyper.

Currently, 1 $HYPER is priced at only $0.012945. According to our $HYPER price prediction, the token could reach $0.32 before year-end – a staggering 2,300% return.

Visit Bitcoin Hyper’s official website for more information about this revolutionary Bitcoin-themed altcoin.

2. Snorter Token ($SNORT) – Telegram-Based Trading Bot for Sniping Meme Coins

Snorter Token ($SNORT) is the official cryptocurrency of the Snorter Telegram trading bot, built specifically for small and retail Solana meme coin traders.

If you’ve been in the markets long enough, you probably know that liquidity in hot new meme coins often gets swallowed up by large players with access to sophisticated trading algorithms and tools, leaving little to nothing for smaller traders.

Snorter Bot flips the script on these whales. It lets you place buy/sell limit and stop orders well in advance, and as soon as liquidity is pumped into an asset, your trades are executed in the blink of an eye.

Using the bot is just as easy as chatting with someone on Telegram. The best part? It all happens in a secure environment.

Snorter uses MEV-resistant layers to protect against scams like honeypots and rug pulls.
Furthermore, none of the transactions you enter through the bot are sent to the mempool, keeping you hidden from potential sandwich attacks.

On top of that, the bot allows you to copy trades from successful traders on the blockchain. This gives you a strong starting point – earn profits while learning the ropes and developing your own strategy.

Currently in presale, $SNORT has already raised over $4M from early investors, with each token priced at just $0.1049.

According to our $SNORT price prediction, a $100 investment today could turn into $900 by the end of 2025. Here’s a detailed guide on how to buy $SNORT before the next price hike.

Check out Snorter Token’s official website to learn more about the benefits of buying $SNORT – including no daily sniping limits, advanced analytics, and reduced fees.

3. MemeCore ($M) – Viral Altcoin Aiming to Transform Meme Coins Into Sustainable Digital Assets

MemeCore ($M) is a Layer 1 blockchain that seeks to transform meme coins from purely hype-driven, speculative tokens into fundamentally robust assets supported by long-term cultural and economic forces, along with strong community backing.

The project operates on a Proof-of-Meme (PoM) consensus mechanism, which emphasizes that every contribution plays a crucial role in sustaining a blockchain ecosystem.

MemeCore rewards all participants, be it traders, stakers, creators, or validators, ensuring that each effort is recognized and contributes to a thriving participatory economy.

To facilitate this, MemeCore features an on-chain reward pool called the Meme Vault, a smart contract used to distribute contribution rewards. The native $M token serves as the backbone of the ecosystem, powering gas fees, staking, and rewards.

Over the past month, $M has surged more than 580%, including a 10% gain in just the past 24 hours. The token reached a new all-time high of $2.96 on September 18 and is currently trading around $2.55.

It has established strong support levels at $2.36 and $1.82, so it’s likely we’ll see a brief retest before resuming its push toward new highs.

Disclaimer: Crypto investments are inherently risky. This article is not financial advice, so kindly do your own research before investing.

Authored by Krishi Chowdhary, Bitcoinist — https://bitcoinist.com/best-altcoins-to-buy-as-grayscale-launches-first-index-based-spot-crypto-etf

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.

Source link

September 20, 2025 0 comments

Crypto Trends

What’s an ‘AltAlt Season’ Crypto ETF? Perplexing Proposed Fund Skips Bitcoin and Ethereum

by admin September 20, 2025

In brief

Tidal Financial Group applied for a leveraged AltAlt Season Crypto ETF, along with two other filings on Thursday.
The proposed fund confounded even some of the fund industry’s sharpest observers unsure what an “alt alt season” was.
The fund will relate initially to the performance of XRP and Solana, and exclude Bitcoin and Ethereum.

Issuers of crypto funds have grown increasingly creative in their proposals over the past few months as they seek to meet investors growing appetite for these products.

But an “AltAlt Season” exchange-traded fund? That’s new territory.

Tidal Financial Group’s Quantify 2X Daily AltAlt Season Crypto ETF, one of three funds included in an application to the U.S. Securities and Exchange Commission on Thursday, confounded even a few fund industry observers.

“What is AltAlt vs Alt? (Because I wanted to know too),” Bloomberg ETF Research Analyst James Seyffart tweeted with a screenshot from the filing and his own terse summary. “Alt just excludes BTC, the other excludes both BTC and ETH.”

Tidal’s N1-A registration filing also covered the Quantify 2X Daily All Cap Crypto ETF, and Quantify 2X Daily Alt Season Crypto ETF. All three leveraged funds target risk-tolerant investors, enticing them with the potential for two times the daily return of the cryptocurrencies that they hold.

“Because the fund seeks daily leveraged investment results, it is very different from most other exchange-traded funds,” the prospectus says in each of the fund descriptions. “It is also riskier than alternatives that do not use leverage.”

The AltAlt fund will align initially with the performance of XRP and Solana, according to the Tidal prospectus. The Alt ETF will correspond initially to those digital assets and Ethereum, while the All Cap strategy covers those assets and Bitcoin.

“Alt seasons” describe periods when Ethereum and other larger altcoin prices outpace Bitcoin, usually after Bitcoin’s own price increases. “Alt alt seasons” refer to timespans when market activity shifts to altcoins with mid-sized market capitalizations and then to smaller-cap tokens in a trickle-down effect. The AltAlt looks to benefit from these latter trends.

All three funds may include swap agreements or option contracts on shares of U.S.-listed spot crypto ETFs or that offer exposure to digital assets indirectly through investments in crypto-based derivatives, or that directly invest in crypto funds, among other options.

In recent months, issuers have applied for a widening array of leveraged crypto ETFs, along with spot funds based on various altcoins and combinations of tokens. The SEC is now weighing submissions for more than 90 of these products, as of late August, according to Bloomberg research.

Their odds of approval received a boost on Wednesday when the SEC signed off on new generic listing standards for commodity-based trusts, easing the approval process. The agency’s thumbs-up underscored the more receptive regulatory and political environment that has emboldened issuers.

“We’re already at 2x AltAlt Season Crypto ETFs and it’s not even October. Do you realize how crazy things are gonna get?” quipped Bloomberg Senior ETF Analyst Eric Balchunas in an X post Thursday.

He added: “I’ll be honest, I wasn’t that moved by the 2x Alt Season ETF but the 2x AltAlt Season, well that’s a whole [different] story lol”

Daily Debrief Newsletter

Start every day with the top news stories right now, plus original features, a podcast, videos and more.

Source link

September 20, 2025 0 comments

Quid Miner launches new cloud mining contracts to provide passive income

Crypto Trends

Quid Miner cloud mining leads the passive income model

by admin September 20, 2025

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

As ETFs bring institutions into crypto, Quid Miner drives mainstream adoption with green, compliant cloud mining.

Summary

Quid Miner offers AI-optimized cloud mining with massive payouts, no hardware costs, and global coverage in 180+ countries.
Quid Miner uses audits, renewable energy, and third-party pools for secure, transparent mining.
Supporting BTC, ETH, XRP, SOL, DOGE & more, Quid Miner delivers efficient, ESG-aligned mining for millions of users.

With the approval of Bitcoin (BTC) and Ethereum (ETH) ETFs and the impending launch of an XRP ETF, the crypto market has once again entered the spotlight.

ETFs have opened the door to regulatory compliance for institutional investors, but they primarily focus on price exposure and fail to meet investors’ needs for stable cash flow in highly volatile markets.

Against the backdrop of tightening regulations and the energy transition, cloud mining is moving from a niche endeavor to a mainstream one. Quid Miner, headquartered in the UK, is being considered by more and more European and American investors due to its compliance, green energy and automation advantages.

Why cloud mining is gaining attention

Traditional mining requires expensive hardware and significant electricity consumption, making it unsuitable for average investors.

Cloud mining simplifies the process through a contract-based model, allowing users to access a global computing network without hardware or electricity costs. Daily income is automatically settled and distributed to the account, which is closer to the interest or coupon in traditional finance and is therefore regarded as a new cash flow model.

Quid Miner’s positioning

Founded in 2010, Quid Miner officially entered the cloud mining market in 2018 and currently operates in over 180 countries worldwide. The platform utilizes a transparent contract mechanism, combined with compliance audits, AI-powered computing optimization, and renewable energy, providing users with a secure and sustainable way to participate.

As of mid-2025, Quid Miner has served millions of registered users and established partnerships with multiple compliant third-party mining pools to ensure transparent and traceable revenue settlement. The company also plans to add 1 GW of renewable energy capacity by the end of 2026, further solidifying its strategic position in ESG investing.

Quid Miner’s core advantages

1. AI-Powered Computing Scheduling – Leveraging artificial intelligence to optimize computing power allocation in real time, Quid Miner prioritizes mainstream assets such as BTC, ETH, SOL and XRP, improving efficiency and stability.

2. Multi-currency support — covering BTC, ETH, XRP, DOGE, SOL, LTC, BCH, USDT, etc., to meet the diverse configuration needs of investors.

3. Green energy drive – Current data centers mainly use wind and solar energy, which is in line with ESG investment trends and promotes low-carbon and sustainable development.

4. Institutional-Grade Security – Integrated McAfee® and Cloudflare® security systems provide multi-layered protection to ensure account and transaction security.

5. Daily Cash Flow — Using a “daily output + instant distribution” model, investors can obtain predictable and transparent returns even in volatile markets.

How to get started with QuidMiner cloud mining

Step 1: Register an Account

Use an email address to register an account. New users receive a $15 welcome bonus and an additional $0.60 for daily check-ins.

Step 2: Select a Contract

The platform offers a variety of USD-denominated contracts, ranging from short-term trials to long-term investments, helping investors maintain stable returns in volatile markets. Deposits support mainstream assets such as BTC, ETH, XRP, and USDT, with the system automatically converting to USD to mitigate risk.

Step 3: Daily Revenue Received

Once the contract is activated, the computing power will start operating immediately. The system liquidates and distributes profits daily, and investors can withdraw or reinvest freely, gradually forming a long-term cash flow.

Who uses Quid Miner?

New users: Get started quickly, no technical background required
Young investors: Explore passive income with small amounts of money
Professionals: Add extra cash flow to busy schedules
Home users: Expand financial management channels and enhance financial security
Institutional clients: Compliance and transparency make Quid Miner suitable for long-term, large-scale investments.

Why Quid Miner is different

Traditional mining requires high hardware investment and enormous energy consumption. Quid Miner significantly lowers the barrier to entry by combining cloud computing power, automated management, and renewable energy. Users can access a global computing network with just a mobile phone and receive real daily output.

This model not only eliminates financial and technological barriers but also gradually enables digital assets to possess cash flow properties, bringing them closer to fixed-income products in traditional finance and providing new investment tools for individuals and institutions.

Conclusion

With the approval of BTC and ETH ETFs and the impending launch of an XRP ETF, the crypto market is entering a new phase where compliance and cash flow go hand in hand. ETFs provide liquidity, while Quid Miner cloud mining, through its daily settlement mechanism, offers investors a new passive income model.

Against the backdrop of the global energy transition and ongoing regulatory policies, cloud mining is increasingly being viewed by investors as a trend worthy of attention. Quid Miner has thus become a key bridge connecting energy, capital, and blockchain.

To learn more about Quid miner, visit the official website and download the app.

Email: [email protected]

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.

Source link

September 20, 2025 0 comments

Durant shirt from the back (鸣轩冷/Unsplash)

Crypto Trends

BitGo Files for IPO With $4.2B in H1 2025 Revenue, $90B in Crypto on Platform

by admin September 20, 2025

Crypto custodian BitGo has filed its first public S-1 registration statement with the U.S. Securities and Exchange Commission (SEC), planning to list Class A common stock on the New York Stock Exchange under the ticker BTGO.

The filing provides a rare look at the company’s business scale. BitGo generated $4.19 billion in revenue in the first six months of 2025, nearly quadrupling the $1.12 billion recorded in the same period a year earlier.

Profitability, however, tightened: net income for the half-year fell to $12.6 million, down from $30.9 million in the first half of 2024, as rising operating costs weighed on margins.

In 2024, BitGo reported $3.08 billion in revenue and $156.6 million in net income, with $54.1 million attributable to common stockholders.

Based in Palo Alto, BitGo was founded in 2013 and built its reputation by offering cold storage and multi-signature wallets for exchanges, hedge funds, and banks. The firm now manages over $90 billion in cryptocurrency on its platform, from 1.14 million users.

These figures, however, remain concentrated in mostly five cryptocurrencies.

Per the filing: “The value of a majority of our AoP has been, and continues to be, concentrated in a few digital assets held by our clients, including Bitcoin, Sui, Solana, XRP, and Ethereum, which constitute 48.5%, 20.1%, 5.7%, 3.9%, and 3.0% of our AoP [Assets on Platform] as of June 30, 2025, respectively.”

The S-1 also outlines a dual-class share structure, giving Class B shareholders, including co-founder and CEO Mike Belshe, 15 votes per share compared with one vote for Class A stock. That setup ensures Belshe will retain control after the offering, with BitGo qualifying as a “controlled company” under NYSE rules.

BitGo said IPO proceeds would fund technology development, acquisitions, and stock-based compensation while boosting visibility and financial flexibility.

The IPO follows public listing moves from other major companies in the cryptocurrency sector, including Circle, Gemini, and CoinDesk’s parent company Bullish.

Source link

September 20, 2025 0 comments

Crypto Trends

To Grow, Web3 Needs To Rely On Web2

by admin September 20, 2025

Opinion by: Richard Johnson, chief operating officer of Data Guardians Network

In the ongoing drive to increase Web3 adoption, many Web3 enthusiasts and organizations continue to call for industries to move away from Web2 processes.

Whether it’s trying to make Web3 tools feel like a Web2 application or redefining business models to focus more on Web3 infrastructure, there is a vocal group that believes in demolishing Web2 for Web3 to grow.

This view is flawed.

Replacing existing systems is neither practical nor beneficial in the short term and risks limiting Web3’s growth and potential.

Getting people on side

Web3 offers solutions to challenges from economic issues to daily tasks, but it remains complex and intimidating outside the industry.

Meanwhile, Oxford University has identified the “trust paradox” of blockchain technology: The contradiction between blockchain’s assurances of removing worries over trust is inherently held back by the public image lacking confidence in the technology. Together, these trends demonstrate a broader confusion and lack of engagement from the mass market.

This trend fundamentally means that users will most likely “play it safe” with Web2 applications rather than risk experimenting on Web3. It’s this barrier that slows Web3 adoption. Innovators cannot rely solely on the benefits of Web3 but instead must engage with the existing infrastructure if they hope to draw in a wider audience.

Related: Here’s how hybrid blockchain solutions bridge the gap between Web2 and Web3

The Web3 scaffold

Collaboration between Web2 and Web3 is already happening, primarily driven by Web2 providers. In finance, giants like PayPal, Visa and major banks are integrating crypto and blockchain services, legitimizing them for the mass market. Beyond finance, Amazon Web Services has launched Web3 labs, and Google Cloud is working with zero-knowledge proofs, weaving Web3 into traditional offerings.

While Web2 applications are pushing for a middle ground, Web3 developers can and should be doing the same, leveraging Web2’s established market to scale faster. Just as 4G supported the rollout of 5G, Web2 processes can help build better Web3 apps.

Looking at this in practice

Web3 developers can balance decentralization with the convenience users expect from Web2 by prioritizing accessibility, from sleek UX to human-readable names. They should also recognize how their products could benefit Web2 organizations.

Too often, Web3 enthusiasts assume their approach’s superiority is obvious, avoiding the work of explaining why it is better. This risks alienating users instead of winning them over. Demonstrating practical advantages through engagement with Web2 offerings can help bridge the gap between both sectors.

A clear example is the synergy between AI and blockchain. If every piece of data used to train an AI model were immutably tracked on blockchain, whether original or frontier data, its origin, usage and outcomes could be verified instantly, eliminating such disputes.

Fundamentally, a good idea will deliver whether it is a Web3 application or not.

Demonstrating this value — even if it means engaging with Web2 sectors — will enhance the legitimacy of the tool and gain greater attention from the mass market.

Engaging to innovate

While it may feel uncomfortable to lean into Web2 to establish a greater trust in a Web3 tool, the benefits are undeniable. Bringing any form of technology to the mass market can generate a range of issues, including day-one bugs or scaling challenges. Research from Nielsen shows that usability testing with real-world users can improve a product’s success rate by up to 500%. In this way, getting Web2 users to dip their toes into Web3 applications will mean a greater end product.

Debates over “Web2 vs. Web3” may grab attention, but successful companies rarely define themselves by the label. They are AI firms, financial institutions, consumer platforms and data companies, using whatever tools best serve their market. No customer wakes up wanting to use “a Web3 app”; they want better banking, smarter AI or more useful platforms.

The winners will be those quietly using Web3 to solve real problems, not chasing purity points.

Working with Web2 expands the user base, creating more opportunities to test, iterate and improve. Web3’s passionate community has yet to reach mass-market appeal, and achieving that means embracing Web2 processes, habits and infrastructure that have shaped technology adoption for decades.

Opinion by: Richard Johnson, chief operating officer of Data Guardians Network.

This article is for general information purposes and is not intended to be and should not be taken as legal or investment advice. The views, thoughts, and opinions expressed here are the author’s alone and do not necessarily reflect or represent the views and opinions of Cointelegraph.

Source link

September 20, 2025 0 comments

Crypto Trends

Crypto Thieves Target Smartphone Users for Digital Wallet Access

by admin September 20, 2025

Despite increasing regulations, London is emerging as a hotspot for crypto-related crimes. In a recent incident, a 42-year-old man, Christian D’Ippolito, had nearly £40,000 worth of crypto assets stolen.

According to a report by The Financial Times, Christian became a victim of a crypto theft earlier this month. While heading home after a night out near Old Street roundabout, his mobile device was snatched by four men. Over the next few hours, his crypto wallet was emptied of nearly £40,000 worth of assets.

This isn’t a lone case. The London Metropolitan Police say that there is a surge in cases where smartphones of crypto asset holders were stolen in street encounters, notably in areas around Old Street roundabout and Brixton. This allows thieves to access their cryptocurrency wallets and drain tens of thousands of pounds of crypto assets.

Young Adults are the Primary Prey

With increasing popularity of cryptocurrency, theft incidents are also surging in the UK. Financial Times notes that one in four people aged 18 to 34 own crypto in the country, in which men are most likely to be so.

The modus operandi of these thieves target young men returning from social events in the evenings. They then engage them in informal talks before snatching their phones. They swiftly move money by getting around security measures, occasionally resetting Apple IDs or taking advantage of cryptocurrency apps.

“They seemed pretty friendly, we were just talking. One of them asked me to take his number for the future. I logged in. At that point, they just grabbed my phone,” said Neil Kotak, another victim who had lost £10,000 in a similar phone snatching incident.

Smartphone dependency increases vulnerabilities.

The combination of smartphone dependency and the growing popularity of crypto has created new vulnerabilities. An unlocked phone can expose emails, passwords, two-factor authentication (2FA) codes, and even photos of passports, giving thieves full access to victims’ digital assets.

Even though most crypto transactions are traceable, most thieves are able to get away with the thefts. The police in the UK lack the capacity or the specialist knowledge to follow stolen crypto.

Only a small percentage of reported fraud, according to Pounder, the former Met and City of London police officer, receives action. In his recent work, Pounder reports 20 thefts to Action Fraud, the police’s specialist fraud unit, and provides supporting evidence. Though the police proceeded with none of the cases.

Also Read: BitGo Discloses its Financials in Latest SEC Filing Ahead of IPO

Source link

September 20, 2025 0 comments

Crypto Trends

DOGE Price Prediction for September 20

by admin September 20, 2025

The majority of the coins from the top 10 list are in the red zone today, according to CoinStats.

DOGE chart by CoinStats

DOGE/USD

The price of DOGE has declined by 3.33% over the last 24 hours.

Image by TradingView

On the hourly chart, the rate of DOGE is near the local support of $0.2630. If no bounce back happens by the end of the day, the fall is likely to continue to the $0.26 area.

Image by TradingView

On the bigger time frame, the picture is similar. If the daily bar closes below the $0.2586 mark, traders may witness an ongoing downward move to the $0.24-$0.25 range over the next few days.

Image by TradingView

From the midterm point of view, the price of the meme coin is going down after a false breakout of the resistance of $0.2929.

Bitcoin (BTC) Traders Buy More Downside Protection After Federal Reserve Rate Cut: Deribit

by admin September 20, 2025

Bitcoin BTC$115,802.96 traders continue to eye downside volatility, hedging their bullish exposure despite recent positive signals, such as the Federal Reserve’s rate cut, crypto derivatives exchange Deribit’s CEO Luuk Strijers told CoinDesk.

Earlier this week, the U.S. Fed cut interest rates by 25 basis points and signaled an additional 50 basis points of easing expected by year-end. The Securities and Exchange Commission (SEC) unveiled a new generic listing standard for crypto ETFs, which is set to accelerate the approval process.

Meanwhile, Deribit’s DVOL index, which measures the 30-day implied volatility, remains subdued at around 24%, the lowest in two years.

Historically, bullish sentiment is strong in such situations, causing call options – bets on price increases in BTC – to become more expensive than put options, which provide insurance against price declines. However, on Deribit, put options continue to trade at a premium across all time frames.

“Skew across all time frames remains flat to negative,” Strijers explained. “We continue to see demand for puts to hedge downside exposure, while call overwriting flows are pressuring the topside.” Deribit is the world’s largest crypto options exchange, accounting for over 80% of the global activity.

Options skew measures the implied volatility difference between call and put options for a given expiration. A negative skew indicates bearish sentiment, with investors expecting a price drop; a positive skew reflects bullish expectations.

BTC options skew is negative across all time frames. (Amberdata/Deribit)

Currently, the seven, 30, 60, and 90 day skews are slightly negative, with the 180 day skew neutral, according to data source Amberdata.

This indicates persistent concerns about a possible BTC correction.

Investors buying puts may be concerned that the Fed’s easing was already factored into the market ahead of the decision and that a deteriorating economic outlook could reduce demand for riskier assets, such as bitcoin.

“After the Fed’s decision, some of the earlier optimism has faded. The market now seems to be waiting for the next catalyst — whether macro or crypto-specific — to break the stalemate and push option positioning out of its current balance between caution and optimism,” Strijers said.

Sidrah Fariq, global head of retail sales and business development at Deribit, said the persistent put bias represents market maturity.

“In some sense, BTC options are behaving more like S&P index options – a sign of maturity, but also of market caution,” Fariq said.

Additionally, traders writing covered calls – selling call options against their spot holdings to collect premium – which may be contributing to the put bias, particularly in longer-dated options. This strategy generates additional income but can cap upside potential.

Covered call has emerged as a popular strategy among BTC, ETH and XRP traders in recent years.

Source link

September 20, 2025 0 comments

Crypto Trends

Grayscale Rolls Out First Multi-Token Crypto ETF In The US

by admin September 20, 2025

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

Digital asset investment platform Grayscale, is making significant headlines in the cryptocurrency space with the launch of the first multi-token exchange-traded fund (ETF) available in the United States.

The Grayscale CoinDesk Crypto 5 ETF, which begins trading on the New York Stock Exchange (NYSE) under the ticker “GDLC,” combines the five largest and most liquid digital assets: Bitcoin (BTC), Ethereum (ETH), XRP, Solana (SOL), and Cardano (ADA).

Grayscale CEO Declares New Era Of Crypto Index Investing

Peter Mintzberg, CEO of Grayscale, emphasized the nature of this new launch, suggesting it heralds a new era of crypto index investing.

In an interview with CNBC, he stated, “We are typically in the first mover position. Grayscale will continue innovating at scale for investors to access the fastest growing asset class of the last 10 years.”

The increasing demand for diversified exposure to cryptocurrencies is evident among both institutional and retail investors amid rising prices.

The movement towards mainstream acceptance of digital assets has gained momentum, particularly under the Trump administration, which facilitated the inclusion of cryptocurrencies in retirement plans and a new regulatory framework.

The GDLC fund allocates approximately 70% of its assets to Bitcoin and 20% to Ether, and it has been trading in various forms since 2018, most recently in over-the-counter markets.

In 2025, Grayscale’s GDLC has already achieved major growth, surging over 40% as many cryptocurrencies reach record highs. Notably, the fund has outperformed Bitcoin by nearly 11% since June, thanks to the strong performance of its other constituent assets.

Analyst Predicts Over 100 New Crypto ETFs

Experts are optimistic that this new standard will streamline the process for launching similar products, potentially ushering in a wave of cryptocurrency exchange-traded funds.

Eric Balchunas, a Senior ETF Analyst at Bloomberg, noted on social media that the last time a generic listing standard was implemented for ETFs, the number of launches tripled. He predicts a surge of over 100 crypto ETFs could enter the market in the coming year.

Supporters of this initiative argue that it could position digital assets on equal footing with traditional financial products, a goal that past SEC commissions have been hesitant to embrace.

Greg Xethalis, General Counsel at MultiCoin Capital, commented on the SEC’s previous regulatory stance, noting that prior commissions often used regulatory frameworks as a means of imposing merit regulations on well-established product structures, despite the novelty of the underlying assets.

He remarked, “As shown by the Bitcoin ETP launch, the market wants this product option, and this latest move both heeds that call and is a welcome return to normal course at the Commission.”

In addition to the GDLC launch, the SEC is reportedly on the verge of approving Bitwise’s BITW, an index fund that tracks the top ten cryptocurrencies by weighted market capitalization.

Next month, the SEC is also expected to consider a series of individual spot crypto ETPs, including those focused on Ethereum staking, Litecoin (LTC), Solana, XRP, and Dogecoin (DOGE).

The daily chart shows BTC’s price consolidation. Source: BTCUSDT on TradingView.com

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

Source link

September 20, 2025 0 comments