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Crypto Trends

Canada Seizes $56M in Bitcoin, XRP and Other Crypto as It Shutters Exchange TradeOgre

by admin September 19, 2025

In brief

Crypto exchange TradeOgre stopped working months ago.
Canadian police said they shut down the exchange and seized $56 million CAD ($40.5 million USD) in crypto from the platform.
The Royal Canadian Mounted Police said it was the country’s biggest crypto seizure.

Canadian police have confiscated $56 million CAD ($40.5 million USD) in digital assets after shuttering an exchange in the country’s largest crypto seizure yet, according to a statement by the Royal Canadian Mounted Police (RCMP) on Thursday.

The RCMP said that they took down the crypto exchange TradeOgre after a tip from European authorities, and that the platform failed to comply with money laundering regulations.

TradeOgre’s website no longer works, instead showing a message that it has been seized by Canadian police. RCMP told Decrypt that it had seized Bitcoin, Ethereum, XRP, Litecoin, Tron, and Qubic so far in the operation.

“Investigators have reason to believe that the majority of funds transacted on TradeOgre came from criminal sources,” the RCMP statement said.

“The main attraction of this type of platform, which doesn’t require users to identify themselves to make an account, is that it hides the source of funds. This is a common tactic used by criminal organizations that launder money.”

It added: “The transaction data obtained from the platform will be analyzed and charges may follow. The investigation is ongoing.”

Posts on Reddit show people asking why the exchange had stopped responding and working for users two months ago.

One user wrote: “Guys, what the hell is happening at TradeOgre? They’ve been radio silent and offline for like 24 hours now, I had around 25k USDT in order deposited on the platform, is it an exit scam? What’s the latest news?”

TradeOgre did not respond to Decrypt’s request for comment.

Blockchain data firm Arkham Intelligence said in a blog post that it had been following TradeOgre transactions as millions of dollars in crypto left the exchange.

It added that the exchange allowed users to trade in privacy coins—cryptocurrecnies whose transaction data is largely hidden to allow for anonymous money movements.

Bitcoin was recently trading at $116,670, up 1.8% over the past 24 hours and nearly 3% over the past week.

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September 19, 2025 0 comments

Crypto Trends

Grvt raises $19m to drive privacy-first onchain finance, eyeing $trillion markets

by admin September 18, 2025

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

Grvt raises $19m Series A to advance its ZK-powered DEX, tackling privacy, security, and scalability in onchain finance.

September 18, 2025 – Panama City, Panama – Grvt, the preeminent DEX (decentralized exchange) for onchain financial privacy that is powered by zero-knowledge (“ZK”) technology, today announced the close of a $19 million Series A funding round.

This investment strengthens Grvt’s pioneering position as the global blueprint for the future of finance, accelerating its mission to disrupt the fragmented onchain finance ecosystem by addressing longstanding industry challenges, including privacy vulnerabilities, security, scalability and accessibility.

As Wall Street embraces blockchain technology, the next chapter of global finance is being written, and it’s happening onchain. In August, Ethereum‘s onchain volume reached over $320 billion, its highest level since mid-2021. Research also projects the DeFi sector to surge from $32.36 billion in 2025 to over $1.5 trillion by 2034.

However, this potential remains untapped due to critical concerns raised by a surge of issues on decentralized platforms. These issues include “whale hunting”, where large trades are front-run or exploited by sophisticated actors scanning the mempool. Such tactics lead to billions in annual losses from maximum extractable value (MEV) attacks and other manipulative tactics. Further challenges include smart contract exploits, compliance hurdles on public chains, a siloed onchain ecosystem, and a lack of ease of use for everyday people.

Grvt is the only player in the field with a solid head start and tech infrastructure to change that. The Series A round was co-led by Grvt’s foundational technology partner ZKsync; Further Ventures, a leading capital markets infrastructure investment firm based in Abu Dhabi, which also led the strategic investment round into Grvt (deal closed last December); EigenCloud (fka EigenLayer), a verifiable cloud platform that lets developers build any application; and 500 Global (formerly 500 Startups), a venture capital firm with $2.3B in AUM investing in founders with a global outlook building fast-growing startups.

Majority of the funds raised will accelerate Grvt’s multi-pronged product strategy, designed to serve both active traders and passive investors. This unique approach is absent from the current exchange scene, solidifying Grvt’s unrivaled position to dominate and unify the fragmented onchain financial landscape and bring it to mainstream. Key pipelines include:

Fixed Yield Generation Flywheel: An industry-first yield vehicle that lets users effortlessly move funds between their funding, trading, and vault accounts, and maximize returns.
Infrastructure: Keep strengthening Grvt’s privacy-by-default infrastructure which is lacking in the industry.
Stablecoin-Enabled System: A robust stablecoin business foundation, including cross-exchange vaults and real-world asset (RWA) integrations.

The remaining funds will fuel community initiatives and talent acquisition to drive global expansion.

Hong Yea, co-founder and CEO at Grvt, commented: “Onchain finance has been held back by privacy gaps that expose users to exploitation. By building a privacy-driven, scalable, and trustless DEX that offers a wide array of structured products, Grvt exemplifies how ZK-powered solutions will become the new normal for everyone, realizing the vision of an open and secure onchain finance world.”

Alex Gluchoski, co-founder and CEO at Matter Labs, commented: “We believe ZK is the ‘HTTPS moment’ for crypto. Just as HTTPS took the internet mainstream by adding a layer of trust and privacy, ZK will do the same for Web3. Grvt is uniquely positioned to be the most liquid and impactful application layer to help realize this vision, their dedication and progress excellently demonstrates how ZK can bring onchain finance to mainstream.”

Faisal Al Hammadi, Managing Partner, Further Ventures, “Further Ventures is committed to backing the next generation of financial infrastructure from Abu Dhabi to the world. Grvt’s application of zero-knowledge proofs demonstrates how cutting-edge cryptography can underpin markets at institutional scale, and we are proud to support their vision for a truly borderless financial system.”

Sreeram Kannan, Founder and CEO at Eigen Labs, “Verifiable data powers verifiable compute, and with EigenDA now at 100 MB/s, the bottleneck has shifted from data to compute. Grvt is tackling that frontier head-on. Their ambitious vision is matched by the caliber of their team, and we’re thrilled to back them alongside ZKSync in bringing onchain finance to cloud scale with the security and privacy it requires.”

Min Kim, General Partner at 500 Global, commented: “We believe the next frontier of finance will be built onchain, and privacy is a foundational element to unlock its full potential. Grvt’s vision of combining ZK technology with institutional-grade infrastructure aligns strongly with our thesis of backing global founders who are re-architecting core financial systems. We’re excited to partner with Grvt as they set a new standard for secure, private, and accessible onchain markets.”

A collective charge to lead and consolidate onchain finance

By implementing zero-knowledge technology and integrating with the ZKsync technology which has been explored in proofs-of-concept by leading institutions like Deutsche Bank, UBS and more, Grvt is uniquely positioned as a blockchain-native global blueprint for what ZK is able to achieve for finance, making everyday trading and investing secure, fast, private, and accessible. This is how the ZKsync Stack helps solve key bottlenecks when bringing finance onchain:

Privacy: Grvt runs a ZKsync Validium L2 blockchain that validates L2 state without publishing it, thereby ensuring privacy, an issue that has long plagued most DeFi protocols.
Ethereum-level Security: With ZK proofs, L2 transactions inherit Ethereum-level security. Every batch of transactions is verified directly on Ethereum, this means that even though transactions are processed off-chain for speed and low cost, their validity is mathematically guaranteed. If any transaction were invalid, the proof would fail and Ethereum would reject it.
Scalability: The ZKsync Stack improves scalability by operating as a L2 solution, enabling the processing of significantly more transactions than Ethereum’s base layer.
Accessibility: ZKsync technology makes transactions cheaper by handling them off-chain in bulk and only posting the essential proofs to Ethereum’s base layer, cutting settlement costs dramatically.

As a key investment arm of Abu Dhabi’s strategic push into the blockchain space, Further Ventures’ co-leadership of the Series A round consolidates its leading position as a critical force in shaping onchain finance globally.

As one of the fastest-growing developer ecosystems in crypto, EigenCloud’s EigenDA, the #1 data availability solution for Ethereum rollups, provides Grvt with the scale and security needed to operate at cloud speed. By anchoring data to a decentralized validator network, EigenDA ensures that Grvt’s ZK stack remains both verifiable and scalable.

Looking ahead, Grvt will also tap into EigenDA’s programmable privacy features, which resolve the long-standing paradox between data availability and privacy. This breakthrough allows Grvt to combine data availability with privacy guarantees, an achievement once thought impossible.

Looking ahead

Building on Grvt’s innovative foundation, which has already delivered several industry firsts – such as a 1 bps maker fee rebate for all maker orders (a benefit traditionally reserved for institutions) – the immediate next step is the launch of our fixed-yield product. This product will ensure a 10% interest rate return for all users. We will also introduce our flagship market-making strategy, the Grvt Liquidity Provider (GLP), a fund strategy that provides high double-digit APRs, which was once inaccessible to retail traders.

Amid the industry’s rapid growth, this funding round establishes a robust, multi-layered foundation. It combines cutting-edge technology, institutional-grade infrastructure, and a secure data framework to create a platform that solidifies its strong position in the increasingly crowded onchain financial space.

About Grvt

Grvt (pronounced “gravity”) is an onchain financial platform built on the ZKsync Stack that ensures private, trustless, scalable and secure infrastructure. Through its decentralized exchange (“Grvt Exchange”) and investment marketplace (“Grvt Strategies”), Grvt enables everyday people to trade, invest, and grow wealth transparently alongside world-class professionals.

For more information, visit the official website.

For media inquiries, contact: [email protected]

Social and Community: X, LinkedIn, Telegram, Discord

About ZKsync

ZKsync is the pioneering ZK technology powering the next generation of builders with limitless scale. Secured by math and designed for native interoperability, ZKsync enables the Elastic Network—an ever-expanding network of customizable chains.

Your gateway to the accelerating digital economy, ZKsync is used by leading banks, institutions, and companies to future-proof their financial infrastructure. Built on Ethereum, ZKsync delivers the privacy, scalability, and compliance needed to issue assets, power payments, and launch new financial products—giving you a secure foundation to grow with confidence.

About Further Ventures

Further Ventures builds and invests in companies shaping the future of financial markets. Through a global platform rooted in emerging economies, Further connects next-generation financial infrastructure with global capital markets. Our portfolio companies enable institutional partners to securely store and transfer assets, trade structured products, secure decentralized networks, tokenize funds, and settle complex transactions with trustless precision.

From San Francisco to Hong Kong, founders choose Further as their institutional co-founder of choice. We make concentrated capital commitments, collaborate closely with regulators, and bring deep domain expertise to build category-defining companies at the frontier of finance.

For more information, visit the official website.

Media inquiries: [email protected]

About EigenCloud

EigenCloud is a developer cloud platform that lets developers build any application onchain or offchain, with cryptoeconomic trust. It is powered by the EIGEN token and secured by Ethereum; it unifies data, compute, and verification into a single developer experience, making anything verifiable onchain.

About 500 Global

500 Global is a venture capital firm with $2.3 billion in assets under management that invests early in founders building fast-growing technology companies. Since its inception, 500 Global has backed over 2,700 companies across 80+ countries, including 51+ unicorns such as Credit Karma, Canva, Grab, Bukalapak, GitLab, Solana, and Udemy. With a team of more than 190 professionals representing 25 nationalities, 500 Global is committed to uplifting people and economies around the world through entrepreneurship.

Disclaimer: Grvt Strategies: Grvt provides technology solutions and smart contract infrastructure for digital asset management but does not offer financial, investment, or advisory services. Grvt does not endorse, recommend, or guarantee the performance or suitability of any investment strategies made available through the Strategies platform. All investment strategies are developed and managed independently by third-party strategy providers. Grvt does not assume any responsibility or liability for the performance of such strategies or any losses incurred by users. Users are solely responsible for evaluating and accepting the risks associated with any investment decisions made through the Strategies platform.

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 18, 2025 0 comments

Crypto Trends

Solmate CEO: Solana ‘Delivers What Ethereum Promised’; Analyst: $1,000+ SOL Plausible

by admin September 18, 2025

New comments from Solmate’s Marco Santori and two widely followed analysts put the focus on SOL’s $238 pivot and what would confirm higher prices.

Marco Santori’s comments

In an X thread, Santori, a former Kraken CLO, introduced Solmate, which he described as “brand new Solana infrastructure” for the UAE, adding that he will be CEO.

He said Solmate is aligned with the Solana Foundation and backed by UAE investors, and he highlighted additional support from Ark Invest, which he characterized as a rare DAT PIPE investment by an ETF.

Santori framed Solmate’s remit as a digital asset treasury and crypto infrastructure company focused on SOL-per-share growth for shareholders.

Santori outlined the strategy behind the vehicle by calling digital asset treasuries “capital accumulation machines.” In his view, the best DAT is the one with the best access to capital, and he argued the UAE is “the Capitol of Capital.”

He said Solmate’s sponsors include the Pulsar Group, positioning the firm to raise fiat and convert it into crypto more efficiently than individual investors.

On operations, Santori said Solmate is partnering with RockawayX, which he called a leader in staking infrastructure, and that Viktor Fischer will join the board.

The plan includes standing up bare-metal validators in Abu Dhabi to target performance and reliability for staking, with more initiatives to follow.

Santori also made a broader case for the Solana ecosystem.

He said Solana is the “fastest, most used” blockchain and is growing faster than comparable networks. He contrasted it with Ethereum by saying Solana “delivers what Ethereum promised,” and closed the thread with an emphatic “I’m all in on it.”

Comments from analysts on SOL’s price action

Analyst Rekt Capital said SOL has broken a long-term downtrend and is now retesting about $238 —f ormerly major monthly resistance —a s support on the weekly chart. He sees a successful retest as confirmation that the old ceiling has flipped to a floor, which would keep the path open for attempts at new all-time highs.

Trader KALEO said “$1,000+ sol isn’t a meme,” presenting four-figure prices as plausible; he did not specify timing in the post.

CoinDesk Research’s technical analysis

Time window. The analysis covers Sept. 17, 2025, 19:00 UTC to Sept. 18, 2025, 18:00 UTC.

What happened. During that window, SOL moved from $233.78 to $250.59 (about +7.2%), swinging about $19.72 in total. That tells us buyers were generally in control during this period.

Where buyers showed up. Around 22:00 UTC on Sept. 17, 2025, price pushed above ~$245 on much heavier trading (~2.32M units). “Heavier trading” means more coins changed hands than usual.

When price climbs on bigger-than-normal activity, it’s a sign demand is strong enough to overcome sellers. After that push, ~$245 started acting like a floor (support) — traders were willing to buy dips there.

Where sellers pushed back. At 17:00 UTC on Sept. 18, 2025, price stalled near ~$253.44 on very high trading (~2.88M units). That shows ~$253 is a ceiling (resistance) — many traders chose to sell or take profit there, absorbing buy orders.

How the window ended. Between 17:56 UTC and 18:55 UTC on Sept. 18, 2025, price eased from $251.55 to $250.40. That small, orderly fade after a strong run is typical cool-off or consolidation — the market catching its breath rather than reversing trend.

Levels to watch:

Floors (support): ~$245 first, ~$238 if ~$245 breaks. Support = areas where buyers have recently stepped in.
Ceilings (resistance): ~$252–$253 first, then ~$255–$260 if price gets through ~$253. Resistance = areas where sellers have recently pushed back.

Bottom line. Buyers defended ~$245; sellers capped ~$253. A daily/4-hour close above ~$253 (UTC) would likely invite a push toward ~$255–$260. A drop below ~$245 would likely bring a check of $242–$243, then ~$238.

Analysis of latest SOL-USD CoinDesk Data charts

24-hour chart (ending Sept. 18, 19:51 UTC): Range $237.01–$252.81; coiling above ~$245 with a ceiling ~$252–$253. Hold ~$245 and a push through ~$253 would likely target ~$255–$260; lose ~$245 and the path is $242–$243, then ~$238.

Solana (SOL) 24-hour price chart, Sept. 18, 2025 (CoinDesk Data)

One-month chart (ending Sept. 18, 19:52 UTC): Uptrend of higher highs/lows (roughly $179.71 → $250.50). $238 is the pivot: above it keeps the breakout case clean; below it suggests a pause toward the low $230s before another try higher.

Solana (SOL) one-month price chart, Sept. 18, 2025 (CoinDesk Data)

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September 18, 2025 0 comments

Crypto Trends

Coinbase Integrates Morpho to Offer Up to 10.8% USDC DeFi Yield

by admin September 18, 2025

Coinbase is rolling out a new way for users to earn yields on their USDC holdings, marking one of the exchange’s first large-scale integrations with decentralized finance (DeFi) at a time of accelerating stablecoin adoption.

The company announced Thursday that it is integrating the Morpho lending protocol, with vaults curated by DeFi advisory company Steakhouse Financial, directly into the Coinbase app. The move will allow users to lend USDC (USDC) without navigating third-party DeFi platforms or wallets.

Coinbase already pays up to 4.5% APY in rewards for holding USDC on its platform. With the new DeFi lending option, however, users can tap into onchain markets and potentially earn yields of up to 10.8% as of Wednesday, according to Coinbase.

“Coinbase is only integrated with one lending protocol (Morpho) for this offering,” a company spokesperson told Cointelegraph. “We recommend that users understand the risks of lending, which are outlined in the Coinbase app experience.”

Morpho ranks among the largest decentralized lending protocols in crypto, with more than $8.3 billion in total value locked (TVL), according to DefiLlama. The protocol’s dollar-denominated TVL has climbed sharply this year, reflecting growing demand for onchain lending.

Morpho TVL statistics. Source: DefiLlama

The Morpho integration with Coinbase comes as more Americans express interest in using DeFi platforms amid a friendlier regulatory backdrop. A recent survey of 1,321 US adults conducted for lobbying group DeFi Education Fund found that 40% would be open to using such protocols if pending crypto legislation were enacted into law.

Among institutional circles, DeFi lending has jumped 72% year-to-date, according to Binance Research.

DeFi lending protocols, including Morpho, have experienced a significant surge among institutional investors. Source: Binance Research

Related: The intersection of DeFi and AI calls for transparent security

Stablecoin yield ban under fire as industry challenges perceived GENIUS Act loophole

DeFi lending for yield differs from simply earning passive interest on stablecoin holdings — a distinction that has become increasingly contentious since the passage of the US GENIUS Act, which explicitly bans yield-bearing stablecoins.

In August, the Bank Policy Institute (BPI) — a lobbying group backed by major US banks — urged regulators to close what it described as a loophole that might permit exchanges or affiliates to provide yield through third-party partners.

Source: Bank Policy Institute

“Bank deposits are an important source of funding for banks to make loans, and money market funds are securities that make investments and subsequently offer yield. Payment stablecoins serve a different purpose, as they neither fund loans nor are regulated as securities,” BPI said in a statement.

The pushback comes as stablecoin adoption accelerates, with circulating supply recently surpassing $300 billion, according to CoinMarketCap.

Coinbase, meanwhile, rejected claims that dollar-pegged stablecoins undermine traditional banking. “Stablecoins don’t threaten lending — they offer a competitive alternative to banks’ $187 billion annual swipe-fee windfall,” the exchange wrote in a Tuesday blog post.

Related: Crypto Biz: IPO fever, Ether wars and stablecoin showdowns

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September 18, 2025 0 comments

Crypto Trends

Ethereum, Columbia University Launch Blockchain Research Hub

by admin September 18, 2025

The Ethereum Foundation and Columbia University have teamed up to establish a new hub in New York. The Columbia-Ethereum Research Center on Blockchain Protocol Design will advance blockchain infrastructure and expand opportunities for interdisciplinary research.

Hosted at Columbia Engineering and led by Tim Roughgarden, a leading blockchain protocol expert, the center aims to shape blockchain’s “infrastructure layer,” often called a global “computer in the sky.”

Ethereum Foundation confirmed the update on X saying that it will increase the $500,000 in annual donations.

0/ The Ethereum Foundation is committed to supporting the ‘Columbia-Ethereum Research Center on Blockchain Protocol Design’ by matching up to $500,000 in donations each year for the first three years. https://t.co/7zoC1XfvY8

— Ethereum Foundation (@ethereumfndn) September 18, 2025

In a follow-up post, the Foundation further said that the funding will support the center’s research and educational initiatives. It will help advance blockchain protocol development and applications.

As per Columbia Engineering’s announcement, the Ethereum Foundation will provide up to $6 million in funding, while philanthropic donations could add $1.5 million more.

The center will also support fellowships, research grants, and industry residencies. Consequently, Columbia will connect its faculty and students with leading researchers from academia and industry.

Hsiao-Wei Wang, co-executive director of the Ethereum Foundation, said, “Ethereum has always been about exploring what decentralized systems can enable, and research and education are essential to strengthening that foundation.”

Columbia Engineering Dean Shih-Fu Chang added, “By bringing together experts from different disciplines and industries, we can lead the development of the groundwork for breakthroughs.”

Programs Driving Knowledge and Innovation

Additionally, the center will run graduate fellowships, competitive calls for research proposals, and an annual summer bootcamp for junior researchers. It will expand Columbia’s Digital Finance Seminar Series and co-host the Columbia Cryptoeconomics Workshop, a high-profile gathering of scholars and practitioners.

Roughgarden emphasized the center’s impact, saying, “The initiative will secure Columbia’s status as a global leader in the field of blockchain protocols and their applications.”

The partnership shows, apart from funding, that it shapes blockchain by blending deep research with reliable impact.

Also Read: Vitalik Reveals Ethereum’s Next-Gen Roadmap at Japan Conference

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September 18, 2025 0 comments

Crypto Trends

Bitcoin Has 25% Chance of Hitting $125,000 This September

by admin September 18, 2025

What about Bitcoin bears?
All eyes on Q4

According to Polymarket bettors, Bitcoin, the flagship cryptocurrency, currently has a 25% chance of surpassing the $125,000 level as early as this September.

Earlier today, the top cryptocurrency by market cap reached an intraday high of $117,934 on the Bitstamp exchange.

It is down roughly 5.5% from its all-time peak of $124,517, which was reached on Aug. 14.

Uber-bullish bets

There are also some uber-bullish traders who believe that the price of the leading cryptocurrency could potentially reach $130,000 within less than two weeks.

The odds of Bitcoin soaring all the way to $150,000 in September currently stand at 1%.

What about Bitcoin bears?

The odds are not looking too rosy for Bitcoin bears, which shows that market sentiment has become overwhelmingly bullish.

Bitcoin has just an 11% chance of slipping to $107,000 this month, which is a considerable drop compared to a local peak of 11%.

All eyes on Q4

Polymarket bettors currently see a 42% chance of Bitcoin hitting by the end of the year.

As reported by U.Today, Fundstrat’s Tom Lee previously predicted that BTC could hit $200,000 as soon as this year, but the market currently sees only a 7% chance of such a scenario.

Bitwise’s Matt Hogan previously compared the current market sentiment to the Super Bowl pre-game show due to the combination of the ETF bonanza and the Fed’s rate cuts.

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September 18, 2025 0 comments

Crypto Trends

XLM Technicals Signal Bullish Strength Amid 4% Rally

by admin September 18, 2025

Stellar’s XLM demonstrated notable resilience during the 24-hour session from Sept. 17, 17:00 to Sept. 18, 16:00 (UTC), trading within a $0.02 corridor between $0.38 and $0.40.

The asset showed a sharp recovery following early weakness, with strong volume-driven advances at $0.39 around 19:00 and again at $0.40 near 15:00.

Transaction volumes of 40.04 million and 33.80 million at these levels both exceeded the 24-hour average of 30.47 million, underscoring firm buying interest. Repeated testing of the $0.40 resistance zone highlighted the threshold as a key battleground, while support consolidated just below, pointing to steady accumulation.

The final hour of trading proved particularly strong, with XLM rising from $0.40 to a session high of $0.40 at 15:36, backed by a surge in volume to 7.50 million—roughly 24 times the typical hourly level. This outsized activity reinforced a breakout move, with buyers consistently defending the $0.40 level. Market behavior suggested sustained institutional participation, laying the foundation for an extension of the 24-hour uptrend.

Across the period, XLM appreciated nearly 4%, climbing from $0.38 to $0.40. Trading data pointed to steady institutional positioning, with high-volume moves suggesting longer-term accumulation strategies rather than short-term speculative flows. The ability to hold higher support levels while repeatedly probing resistance zones further confirmed bullish momentum.

XLM/USD (TradingView)

Technical Indicators Signal Continued Strength

Trading corridor of $0.02 constituting 5% differential between $0.38 floor and $0.40 ceiling during 24-hour session.
Volume-reinforced advances at $0.39 and $0.40 with 40.04M and 33.80M volumes surpassing 30.47M baseline.
Primary resistance within $0.40-$0.40 territory with repeated testing demonstrating institutional engagement.
Support establishment around $0.40-$0.40 indicating accumulation during market pullbacks.
Remarkable 60-minute volume acceleration of 7.50M constituting 24 times standard hourly benchmark.
Reliable support above $0.40 threshold following primary breakout configuration.

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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September 18, 2025 0 comments

Crypto Trends

Ethereum Mid-Sized Whales See Peak Unrealized Gains: Profit-Taking Risk Rises

by admin September 18, 2025

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

Ethereum is showing resilience in the current market, holding above the $4,500 level after weeks of steady momentum. The second-largest cryptocurrency has maintained a bullish structure, but buyers are now struggling to break past the $4,750 resistance zone, a level that has become a critical short-term test. While fundamentals remain solid, the hesitation at this threshold has prompted some analysts to warn of growing risks as Ethereum approaches historically significant levels.

Data from CryptoQuant adds weight to this cautious outlook. The firm reports that the unrealized profit of Ethereum wallets holding between 10,000 and 100,000 ETH has surged to levels not seen since November 2021, when ETH reached its all-time high. This means mid-sized whales are now sitting on significant paper gains, similar to conditions observed at the last cycle’s peak.

With bullish enthusiasm still strong but profit-taking risks rising, Ethereum’s next moves could prove decisive. A breakout above $4,750 may open the door to new highs, while rejection could trigger a sharp correction.

Ethereum Whales Signal Critical Stage

Ethereum has entered a pivotal phase as mid-sized whales are now sitting on significant unrealized profits. These paper gains have reached levels comparable to those seen at the November 2021 peak, when Ethereum touched its all-time high. The similarity in profit conditions has raised concerns among analysts, as such moments in previous cycles often preceded periods of profit-taking or heightened selling pressure.

Ethereum Unrealized Profit by Balance | Source: CryptoQuant

Historically, when unrealized profits for mid-sized whales reached such elevated levels, markets tended to experience increased volatility. Some holders opted to lock in their gains, triggering a cascade of selling that weighed on prices. This behavior doesn’t guarantee an immediate correction, but it underscores the psychological pressure investors face when sitting on substantial profits. Market participants, especially larger holders, often influence broader sentiment and liquidity, creating ripple effects across exchanges and trading desks.

At the same time, Ethereum remains fundamentally strong. Institutional inflows, network activity, and the broader optimism in crypto markets could temper aggressive selling and extend the rally. Still, analysts caution that the balance between bullish momentum and profit-taking behavior will determine Ethereum’s trajectory.

The coming weeks are decisive. A successful push above resistance could reignite momentum and test new highs, while increased selling pressure may trigger a consolidation phase or sharper correction. Ethereum’s fate now hinges on whether whales choose to hold for higher valuations or realize gains at current levels.

Technical Insights: Key Levels To Watch

Ethereum (ETH) is currently trading around $4,599, showing resilience above the $4,500 support level. The chart highlights a period of consolidation after ETH failed to sustain momentum above the $4,750 resistance zone, where selling pressure has repeatedly capped rallies. Despite this, the overall trend remains constructive, with ETH maintaining higher lows since early September.

ETH consolidates around $4,600 | Source: ETHUSDT chart on TradingView

The 50-day SMA (blue) is trending upward and sits close to $4,307, providing dynamic support that has cushioned recent pullbacks. Meanwhile, the 100-day SMA (green) at $3,614 and the 200-day SMA (red) at $2,846 reflect the broader bullish structure, suggesting that the market remains in a long-term uptrend. The moving averages are aligned in bullish order, further reinforcing positive momentum.

However, ETH is encountering strong resistance near $4,750, which remains the key barrier before a potential retest of all-time highs. A decisive breakout above this level, accompanied by rising volumes, could open the path toward $5,000 and beyond. On the downside, a failure to hold $4,500 may trigger a correction toward $4,300 or even the $4,000 psychological support.

Featured image from Dall-E, 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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September 18, 2025 0 comments

Crypto Trends

BTC & SOLANA JUMP UP, BNB CROSSES $1,000, HYPE HITS ATH

by admin September 18, 2025

BTC & SOLANA JUMP UP, BNB CROSSES $1,000, HYPE HITS ATH

Crypto majors mostly rally post-FOMC; BTC at $117,300. SOL jumps 5% as Forward Industries announces $4B ATM. BNB crosses $1,000 for first time; CZ bull-posts ASTER (+400%). Hype hits new ATH at $59; Project X announces its Phase 2. TokenWorks & PNKSTR announce perpetual machine rollouts for 5 new NFT collections, token soars. Crypto majors are very green after a 25 bps cut at FOMC yesterday; BTC +1% at $117,300, ETH +2% at $4,580, XRP +3% at $3.11, SOL +5% at $247. PENGU (+14%), SPX (+11%) and AVAX (+10%) led top movers. HYPE hit a new ATH at $59 on Wednesday; BNB crossed $1,000 for the first time. The Bitcoin ETFs saw $51M in net outflows, breaking their 7-day inflow streak; the ETH ETFs also saw outflows. Moneygram is embracing stablecoins in partnership with Crossmint, big news for its 50M customers and 200 operating countries. Kraken and Circle are partnering to expand stablecoin access with USDC & EURC integration. NYDFS told banks to adopt blockchain analytics for AML/sanctions controls. A golden statue of Trump holding a Bitcoin has been installed outside the U.S. Capitol building. The SEC approved a generic listing standard which will greatly accelerate the approval process for crypto ETFs.

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September 18, 2025 0 comments

Dogecoin price and bullish memecoin market cap.

Crypto Trends

Dogecoin bullish price structure continues as memecoin index rises

by admin September 18, 2025

Dogecoin price remains firmly bullish, consolidating just below high-time-frame resistance at $0.28. With the memecoin market index rising to historic levels, momentum suggests a continuation rally toward $0.34 and potentially higher.

Summary

$0.28 Resistance: Multiple retests weaken supply; breakout targets $0.34.
Bullish Structure: Higher lows intact; consolidation shows accumulation.
Memecoin Index: $80B test could spark sector-wide rally toward $120B.

Dogecoin (doge) price action continues to trade within a bullish market structure, supported by higher lows and strong consolidation under resistance. While price faces challenges at $0.28, multiple technical and market-wide signals indicate that bulls may soon reclaim this level.

Adding to the optimism, CleanCore Solutions recently surpassed 500 million Dogecoin in its treasury holdings, reflecting growing corporate confidence in the asset. A breakout could align with a broader rally across the memecoin sector, where total market capitalization is approaching a critical inflection point.

Dogecoin price key technical points:

$0.28 Resistance: Multiple retests suggest weakening supply at this level.
Next Target $0.34: A reclaim of $0.28 could trigger accelerated momentum.
Memecoin Index: Currently testing $80B, with potential expansion toward $120B.

DOGEUSDT (1D) Chart, Source: TradingView

Dogecoin has respected its bullish structure for weeks, with consecutive higher lows reinforcing buyer control. The value area high has been reclaimed and continues to act as support, allowing price to consolidate just below $0.28 resistance. Historically, the more times a resistance level is tested, the weaker it becomes, and Dogecoin’s repeated interaction with this barrier signals a likely breakout especially when exchange-traded fund approval by the Securities and Exchange Commission continues to loom.

If price manages to reclaim $0.28 on a closing basis, the next upside objective is $0.34, a key high time frame resistance level. From a technical standpoint, the current consolidation under resistance is a constructive sign, indicating that accumulation is underway before a potential breakout.

The volume profile shows sustained bullish inflows. For the rally to materialize, these inflows must continue, particularly as Dogecoin challenges major resistance zones.

MEMCOIN MarketCap, Source: Coinmarketcap

Another crucial metric to monitor is the memecoin market capitalization index, which has now risen to around $80 billion. This level previously acted as resistance in May 2021 and September 2021, both times leading to sharp rejections. However, if the index closes above $80 billion, the probability of acceleration toward $120 billion, last tested in January 2021, increases significantly.

As Dogecoin is considered the flagship memecoin, its price action often reflects broader sector sentiment. Thus, a breakout in the index could serve as confirmation of further upside for DOGE.

What to expect in the coming price action

Dogecoin remains bullish across market structure, volume dynamics, and broader market metrics. A reclaim of $0.28 is the immediate hurdle, with $0.34 the next upside target. With memecoin market capitalization approaching historic breakout levels, the probability of continuation higher remains greater than a breakdown. Until market structure gives way, the bias favors the bulls.

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September 18, 2025 0 comments