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‘New BNB’ Triggers Epic FOMO With Parabolic 7,000% Jump in 4 Days, Binance Founder Co-Signs

by admin September 22, 2025

Aster’s token debut is shaping up to be one of the most talked-about events in the 2025 crypto calendar. Launched Sept. 17 at a TGE price of just over two cents, $ASTER surged by almost 7,000% in less than four days, peaking at around $2 before cooling off.

Trading data shows that more than $2.9 billion worth of tokens changed hands as speculators rushed in, chasing what some are already calling the next BNB-like success story.

This comparison is no coincidence. Aster is a decentralized perpetual exchange incubated by YZi Labs (formerly Binance Labs), with Binance founder CZ personally amplifying its launch. Within days, his feed had become an Aster/BNB echo chamber, with nods to both projects as twin pillars of the next cycle.

My entire feed: Aster, BNB, Aster, BNB, Aster… 😆

Hard change of topic: @GiggleAcademy has more than 2000 free story books, each available in 30+ languages.

Arabic UI coming soon.

Crypto goes up, free education goes up. https://t.co/P06XDG4Lek

— CZ 🔶 BNB (@cz_binance) September 21, 2025

This level of visible support is unusual for CZ, who has mostly distanced himself from new tokens, which only fuels speculation that Aster might be positioned as “BNB 2.0” in narrative terms.

ASTER tokenomics explained

Beneath the hype, the fundamentals appear designed for long-term popularity. The tokenomics outline an 8 billion total supply, with 53.5% allocated to community programs.

Around 704 million tokens were unlocked at TGE, while the rest will vest over seven years. Airdrops were directed at early program participants and loyalty earners, creating a strong grassroots base. The DEX itself sets itself apart with its hidden orders designed to prevent frontrunning.

The timing could not have been more precise: ASTER’s breakthrough occurred as BNB surpassed its all-time high of over $1,000, triggering a reflexive FOMO loop throughout the Binance-linked ecosystem.

For a long time, Hyperliquid dominated the perpetual swap narrative almost uncontested. Now, Aster’s sudden rise is forcing a reevaluation of not just perpetual trading venues, but also the scale at which founder-backed ecosystems can create outsized winners.

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September 22, 2025 0 comments

DeFi Dev Corp lifts Solana treasury to $317m with new purchase

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Solana price surge to an all-time high faces key obstacle

by admin September 22, 2025

Solana price has been in a strong bull run since April, when it bottomed at $95, with bulls targeting its all-time high ahead of the upcoming SOL ETF approval deadline.

Summary

Solana’s blistering 150% rebound in 2025 has bulls eyeing further gains, but the rally is running headfirst into a critical technical test. A rising wedge formation on the daily chart, paired with weakening momentum signals, points to the risk of a sharp reversal.
Yet strong fundamentals are pulling in the opposite direction: growing confidence that regulators will approve spot Solana ETFs and anticipation for the Alpenglow upgrade, which promises to overhaul the network’s speed and staking model.
With heavyweight treasury buyers continuing to accumulate, SOL sits at a crossroads where technical headwinds clash with powerful catalysts for the next leg higher.

Solana price rising wedge is a major risk

Solana (SOL) token was trading at $239 at last check on Sunday, Sep. 21, up by over 150% from the year-to-date low. The token has bullish catalysts, but faces a major technical obstacle.

The main reason why the SOL price is rising is that it has slowly formed a rising wedge pattern on the daily chart. This pattern is characterized by two ascending and converging trendlines. The upper side of this pattern has connected the highest levels since May.

The two trendlines are about to converge, which may trigger a significant reversal in the near term. At the same time, the Relative Strength Index has formed a symmetrical triangle. Like the wedge, the two lines of this triangle are nearing their convergence.

Additionally, the two lines of the MACD indicator have crossed each other and are pointing downwards. Therefore, the token is at risk of a strong reversal if it remains inside the wedge pattern. A bearish breakdown will point to more downside, potentially to the support at $200.

Solana price chart | Source: crypto.news

SOL fundamentals need to overcome the bearish technicals

On the positive side, Solana’s price has some notable fundamental catalysts that may help to push it higher. One of the catalysts is that the odds that the SEC will approve spot SOL ETFs have jumped to over 90%.

Several companies, including Bitwise, Canary, and 21Shares, have filed for a spot SOL ETF. As such, with the final deadline approaching, there is a likelihood that the SOL price will soar as investors anticipate more demand from American investors.

The other key fundamental is that Solana will launch the Alpenglow upgrade in the next few months.

While Solana has implemented some upgrades in the past, this one will be the most important. For one, it will transform it from a proof-of-authority into a proof-of-stake asset. It will also supercharge its speed, making it one of the fastest chains in crypto.

Solana is seeing strong demand from Solana treasury companies, which have continued to accumulate it. Forward Industries owns coins worth over $1.58 billion, while DeFi Development and Upexi own tokens worth over $480 million. This steady demand may continue as more companies launch their treasuries.

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September 22, 2025 0 comments

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Crypto Market Prediction: XRP to Lose Even More at $2? Bitcoin Price Fading at $115,745, Ethereum (ETH) Can Hit $5,000 in Blink

by admin September 22, 2025

The market is rapidly losing traction as XRP and Bitcoin clearly showing problematic tendencies: Bitcoin is losing steam with RSI reversing down, and XRP is moving steadily in a descending price channel. On the other hand, Ethereum could be ready to hit the $5,000 mark sooner than anticipated.

XRP struggling, but can blow up

As the asset continues to struggle inside a descending channel that has been pushing it lower for weeks, XRP’s price action is giving holders cause for concern. XRP is currently trading close to $2.97 after losing the crucial $3 mark, and technical indicators imply that more suffering might be on the way.

XRP/USDT Chart by TradingView

Additionally, the moving averages are not providing much respite. The 200-day EMA (black), which is still well below current prices and could serve as a long-term support zone around $2.58, is tilting downward. In a more bearish extension, XRP might be pulled closer to the $2.50-$2.60 range, and if selling momentum increases, it might return to the $2.80 zone.

The absence of significant buying volume is another factor contributing to the pressure. The lack of conviction in recent rallies indicates that market players are hesitant to intervene forcefully at the current levels. Before XRP reaches oversold territory, there is still opportunity for decline as indicated by the mid-range RSI.

A breakout above $3.10-$3.20 would be necessary for bulls to change their stance and test the channel’s upper boundary. The path of least resistance continues to be downward in the absence of it.

In summary, the technical structure of XRP indicates that it may continue to decline. Should the descending channel continue, the asset may find itself moving closer to $2.80 and then $2.50, which would negate a large portion of its recent bullish recovery.

Bitcoin enters stalemate?

The price of Bitcoin is stalling at about $115,745, suggesting that the most recent rally may be coming to an end. Bitcoin is currently exhibiting warning signs that the momentum may be waning following a steady recovery from September lows.

Among the most obvious warning signs is the Relative Strength Index (RSI), which has begun to turn around after momentarily approaching overbought levels. At this point, the indicator is in a neutral range, suggesting that buying pressure is waning. RSI reversals at the peak of local rallies frequently signal a pullback, particularly when price action is having difficulty pushing higher.

BTC/USDT Chart by TradingView

The low volatility at present levels is another issue. Nearing its local peak, Bitcoin is trading in a narrow range, which typically denotes indecision. Traders lock in profits when this kind of sideways chop near resistance resolves with a downside break. Volume also shows this cooling momentum, as activity spikes are diminishing, making a retracement of the market possible.

Technically, the 20-day EMA (green) has served as short-term support, but if selling pressure increases, the larger structure points to a potential retest of the 50-day EMA (blue) at $114,000, or even the 200-day EMA (black) at $105,900. Losing these levels would indicate that this rally was only a relief bounce and not the beginning of a long leg higher, so it’s important to keep an eye on them.

Bitcoin seems more exhausted than strong at its current consolidation level around $115,745. The most likely scenario is a short-term pullback with downside targets between $114,000 and $112,000 unless buyers quickly regain momentum. Bitcoin may experience a more severe correction back toward the $106,000 mark if macro liquidity also cools.

Ethereum’s hidden power

Ethereum appears to be poised for a significant volatility breakout as it coils up inside a symmetrical triangle. Since the price of ETH is currently trading above $4,450, a significant move could occur soon, and $5,000 is still the obvious upward target.

The daily chart shows that ETH has been steadily rising since the middle of summer, helped along by the green 20-day and blue 50-day EMAs. The upward slope of these moving averages indicates that the trend is still very strong. More significantly, the triangle pattern’s price compression indicates that the market is getting ready to expand. Such consolidations have historically ended with explosive volatility, frequently pushing ETH into a new trading range.

The upper boundary of the triangle meets recent rejection candles at the key breakout level, which is located between $4,600 and $4,700. It appears very likely that ETH will make a quick run toward $5,000 if it breaks above this zone with volume confirmation. The asset would probably be pulled back toward the 200-day EMA at about $3,850 if the $4,300-$4,250 support band were broken, invalidating the bullish structure.

The Relative Strength Index (RSI), which is still neutral and indicates that there is still space for buyers before the situation becomes overextended, supports the bullish argument. With momentum accelerating without overheating, ETH is now in a sweet spot.

While market sentiment will be a factor, Ethereum’s own fundamentals — particularly DeFi activity and staking flows — will be the main driver. ETH might be the asset to take the lead in the upcoming market segment, since Bitcoin is beginning to show signs of exhaustion.

The triangle of Ethereum is, in essence, the quiet before the storm. If bulls seize the breakout, traders should be ready for significant volatility in the future, with $5,000 firmly in play.

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September 22, 2025 0 comments

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Pi Network’s $136 million mystery whale fuels breakout hopes

by admin September 21, 2025

Pi Network’s token has been stuck in a tight range for weeks, but an anonymous whale quietly amassing more than $136 million worth of PI is stirring speculation that a breakout may be on the horizon.

Summary

The whale’s steady daily buying spree has raised eyebrows across the market—whether it’s a bold contrarian bet, a sign of insider knowledge about a potential exchange listing, or simply conviction that Pi Coin is undervalued.
Combined with a surging Altcoin Season Index, bullish technical signals like a narrowing Bollinger Band squeeze and a forming falling wedge pattern suggest PI could be on the cusp of a sharp rally.
For now, the mystery buyer’s relentless accumulation has become the catalyst keeping traders glued to Pi Network’s next move.

Pi Network price may jump as whale buying continues

One major catalyst for the Pi Coin (PI) price is that one mysterious whale continues to accumulate it. PiScan data indicates that the investor is purchasing new coins almost daily. His holdings have now jumped to over $136 million.

The ongoing whale buying is a bullish aspect because it is unclear who the buyer is and why they are making these purchases. He may be an ordinary investor who believes that the Pi Coin price is cheap and that it will ultimately rebound.

Another potential reason is that the whale could be a connected individual with insider information. For example, the whale could be part of a major centralized exchange that knows when it will list it, a move that would push it much higher.

Further, the coin may benefit as the altcoin season continues. CMC data shows that the Altcoin Season Index has jumped 79, a trend that will continue in the coming months. In most cases, altcoins tend to do well when this season is underway.

Pi Coin price has contrarian technicals

Pi Network price chart | Source: crypto.news

Technical analysis reveals that the Pi Coin value has several highly contrarian catalysts that will likely drive it higher in the near term.

The accumulation and distribution indicator has jumped to the highest point since May. This indicates that the asset is in the accumulation phase of the Wyckoff Theory, followed by the markup phase, where demand increases.

The spread of the three lines of the Bollinger Bands has narrowed substantially in the past few months. In most cases, this performance of the Bollinger Bands leads to a squeeze.

A good example of a similar short-squeeze is what happened recently when the OKB price surged after the developers announced a major token burn. Pi Network may replicate such a move if there is an important announcement.

Additionally, the coin has formed a highly bullish falling wedge pattern whose two lines are about to converge. This pattern often leads to a strong bullish breakout over time.

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September 21, 2025 0 comments

NFT Gaming

SHIB Price Prediction for September 21

by admin September 21, 2025

Most of the coins remain under bears’ pressure on the last day of the week, according to CoinStats.

SHIB chart by CoinStats

SHIB/USD

The rate of SHIB has gone up by 0.3% since yesterday. Over the last week, the price has fallen by 8%.

Image by TradingView

On the hourly chart, the price of SHIB is in the middle of the local channel between the support of $0.00001280 and the resistance of $0.00001304.

Amended S-1 Filed to Convert Dogecoin Trust into GDOG ETF

by admin September 21, 2025

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Grayscale Investments, one of the largest digital asset management firms in the world, has made another bold move in the crypto ETF space. The company recently submitted an amended S-1 registration statement to the US Securities and Exchange Commission (SEC), this time for its Dogecoin product.

The filing reveals Grayscale’s intention to convert its existing Grayscale Dogecoin Trust (GDOG) into a Spot Dogecoin exchange-traded fund (ETF), a move that would give the meme coin an unprecedented level of exposure among institutional investors.

Grayscale’s Pursuit Of A Dogecoin ETF

Grayscale has consistently been at the forefront of pushing crypto products into the mainstream. Long before the launch of Spot Bitcoin ETFs, the digital asset-focused investment platform was one of the first companies to introduce other investment products that gave institutional investors exposure to cryptocurrencies.

Grayscale’s Bitcoin and Ethereum products were converted to Spot Bitcoin ETFs, and now the company is now taking the same playbook to the next biggest assets. According to a recent filing with the US SEC, Grayscale is now looking to convert its existing Grayscale Dogecoin Trust (GDOG) into a Spot Dogecoin exchange-traded fund (ETF). Grayscale has managed this DOGE Trust since 2021 and the latest filing, if approved, will convert it to the public ETF format.

The conversion of the Grayscale Dogecoin Trust into a Spot ETF would make DOGE exposure available to a broader range of investors, including those who may not be comfortable holding crypto directly. According to the S-1 filing, the proposed Dogecoin ETF would be listed on NYSE Arca under the ticker ‘GDOG.’

DOGEUSD currently trading at $0.26. Chart: TradingView

The ETF will track the price of DOGE based on the CoinDesk DOGE Reference Rate, which sources pricing from leading exchanges including Kraken, Gemini, Coinbase, and Bitstamp. Grayscale has also chosen Coinbase to serve as the official custodian of the DOGE held by the ETF. The filing also specifies that ETF shares will be created and redeemed in blocks of 10,000 shares, known as “Baskets.”

Market Impact And What Comes Next

Grayscale’s move into a Spot Dogecoin ETF comes during a period when investors are on the outlook for the next crypto ETF that will hit the market. Grayscale already has pending applications to convert its Cardano and XRP Trusts into Spot ETFs, but those are yet to be approved.

As it stands, there is no specific deadline for the SEC to give its approval. The nature of the S-1 filing means the agency will review the filing, issue comment letters, and wait for the issuer to respond with amendments until it is satisfied.

Billions of dollars have already flowed into Bitcoin and Ethereum through their Spot ETFs. If Grayscale’s filing is approved, Dogecoin could be the next benefactor of these institutional inflows. Institutional investors, who have largely stayed away from meme coins, would have a regulatory-compliant channel to gain exposure to Dogecoin.

At the time of writing, Dogecoin was trading at $0.265.

Featured image from Unsplash, chart from TradingView

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September 21, 2025 0 comments

NFT Gaming

Hyperliquid proves onchain perps can thrive with

by admin September 21, 2025

OKX CEO Star Xu has praised Hyperliquid’s success in the on-chain perpetuals space and noted that the platform achieved massive success with very few employees.

Summary

OKX CEO highlights Hyperliquid’s success and regulatory barriers to mainnet launch.
CFTC enforcement actions on DeFi keep exchanges cautious on perpetuals rollout.
Arthur Hayes predicts HYPE may hit $5,000 by 2028.

OKX CEO points to regulatory enforcement as market barrier

Xu’s comments come as HYPE (HYPE) token reached a new all-time high of $59.30 on September 18, jumping over 30% in the last 30 days.

Xu revealed that OKX Web3 has been testing a similar product since 2023 but chose not to launch on mainnet due to regulatory concerns.

He pointed to the CFTC’s 2023 enforcement action against Deridex as a key factor.

The OKX CEO shared CFTC enforcement data showing charges against Opyn, ZeroEx, and Deridex for failing to register as swap execution facilities, designated contract markets, or futures commission merchants.

The companies were also charged with illegally offering leveraged and margined retail commodity transactions in digital assets without proper registration.

Hyperliquid proved that massive success in onchain perps can be achieved with very few employees. Now, more competitors like $Aster are stepping into the space. OKX Web3 has been testing a similar product since 2023, but we chose not to launch mainnet due to regulatory concerns.…

— Star (@star_okx) September 21, 2025

Xu expressed hope that the industry will soon gain much-needed regulatory clarity which will allow platforms like OKX to safely enter the on-chain perpetuals market.

Meanwhile, he noted that more competitors like Aster are stepping into the space following Hyperliquid’s success.

The CFTC’s enforcement actions against DeFi platforms have created a cautious atmosphere.

The charges centered on failures to comply with traditional financial regulations adapted for digital assets. This includes lack of proper customer identification programs needed under Bank Secrecy Act compliance.

Arthur Hayes predicts $5,000 HYPE target by 2028

BitMEX co-founder and Maelstrom CIO Arthur Hayes has made one of his most aggressive cryptocurrency predictions. He suggested that HYPE could reach $5,000 by 2028.

Hayes shared his bullish thesis during multiple September 2025 appearances, including the WebX 2025 conference in Tokyo and a podcast interview with Kyle Chasse.

His prediction builds on earlier remarks where he suggested HYPE could see a 126-fold gain within three years. Hayes’ $5,000 target would be an 84x to 86x increase from current levels.

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September 21, 2025 0 comments

Ethereum blockchain symbol abstract crystal

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State of Crypto: ETF Listings Became Easier

by admin September 21, 2025

The U.S. Securities and Exchange Commission approved a change to how companies can list and trade shares of exchange-traded funds, which should streamline the process for new products moving forward.

You’re reading State of Crypto, a CoinDesk newsletter looking at the intersection of cryptocurrency and government. Click here to sign up for future editions.

The narrative

A majority of commissioners at the U.S. Securities and Exchange Commission voted to streamline the process by which companies could list and trade shares of spot crypto exchange-traded funds (ETFs), as well as other types of ETFs, through the approval of a generic listing standard.

Why it matters

For over a decade, the process to (try and) list a spot crypto exchange-traded fund was a 270-day process which usually ended in the ETF application being rejected. Last year, under former SEC Chair Gary Gensler, the regulator approved the first spot crypto ETFs, for Bitcoin and Ether. Over the past year, we’ve seen applications for a number of other assets.

Breaking it down

The idea that the SEC would create generic listing standards has been discussed for a few months, at least since the regulator paused the launch of Grayscale’s Digital Large Cap Fund earlier this year.

In July, the SEC approved GDLC to uplist as an ETF, but almost immediately paused the process. At the time, an individual familiar said the pause was likely intended to give the SEC enough time to develop those generic listing standards.

This past Wednesday, the SEC approved those standards, letting companies bypass the Exchange Act process if their proposed products meet the standards.

In a statement, SEC Chairman Paul Atkins said, “By approving these generic listing standards, we are ensuring that our capital markets remain the best place in the world to engage in the cutting-edge innovation of digital assets. This approval helps to maximize investor choice and foster innovation by streamlining the listing process and reducing barriers to access digital asset products within America’s trusted capital markets.”

A number of spot crypto ETF applications have been waiting for a final decision from the regulator, and it seems likely that a number of new products will come to market in the coming months.

SEC Makes Spot Crypto ETF Listing Process Easier, Approves Grayscale’s Large-Cap Crypto Fund

Crypto ETF ‘Floodgates’ Open With SEC Listing Standards, But Price Impact May Be Uneven

Thursday

14:00 UTC (10:00 a.m. ET) There will be an evidentiary hearing in the Department of Justice’s game against former crypto lobbyist and onetime Congressional candidate Michelle Bond.

If you’ve got thoughts or questions on what I should discuss next week or any other feedback you’d like to share, feel free to email me at nik@coindesk.com or find me on Bluesky @nikhileshde.bsky.social.

You can also join the group conversation on Telegram.

See ya’ll next week!

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September 21, 2025 0 comments

NFT Gaming

Dogecoin Price Falls Into Death Cross, What to Keep Eye On

by admin September 21, 2025

Dogecoin has created a death cross on its short-term charts amid recent selling pressure in the market. Dogecoin saw selling pressure heading into the weekend, falling from a high of $0.2889 on Thursday to a low of $0.2631 on Saturday.

Amid the recent price drop, Dogecoin has created a death cross on the hourly chart, which forms when a short-term MA falls below a long-term moving average, considered a bearish indication.

DOGE/USD Hourly Chart, Courtesy: TradingView

At the time of writing, DOGE was up 0.6% in the last 24 hours to $0.267 and down 5.46% weekly.

Dogecoin returned below its hourly moving averages 50 and 200 at $0.267 and $0.274, following a drop from Sept. 19.

It will be watched for a return above these key levels in the very short term for a rise to $0.288 and $0.307.

According to Ali, a crypto analyst, breaking $0.29 might send Dogecoin (DOGE) flying to $0.36 and even $0.45. Support remains at $0.2568 in the event of a drop.

Dogecoin news

Grayscale recently filed an amended S-1 to convert its closed-end DOGE trust into an ETF to trade on NYSE Arca under ticker GDOG.

In the past week, DOJE, the first ETF offering exposure to spot DOGE in the U.S, issued by digital asset manager Rex Osprey, was launched.

DOJE got off to a good start, reporting $17 million in over 24 hours of its launch. According to Bloomberg ETF analyst Eric Balchunas, this would still rank among the top five for the year out of 710 launches and a good sign for the onslaught of 33 Act ETFs coming soon.

Earlier this week, Dogecoin treasury company Cleancore Solutions added 100 million DOGE, bringing its official treasury to over 600 million DOGE.

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September 21, 2025 0 comments

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Shiba Inu nears breakout, 5 trillion tokens leave exchanges

by admin September 21, 2025

Shiba Inu has remained in a consolidation phase over the past few weeks, despite the ongoing altcoin season. Still, the slowly forming triangle pattern and the tumbling exchange balances point to a big move ahead.

Summary

Shiba Inu’s sideways trading may be masking a bigger shift underway.
With more than 5 trillion SHIB pulled from centralized exchanges in recent weeks and a surge in smart money accumulation, signals are pointing to reduced selling pressure and growing confidence among long-term holders.
Coupled with technical patterns that suggest a breakout is near, the meme token could be on the verge of a rally despite recent setbacks like the Shibarium hack—making current price action a potential setup for SHIB’s next leg higher.

Shiba Inu (SHIB) token was trading at $0.000013 on Sunday, Sep. 21, inside a narrow range it has remained at in the past few days. This price is about 28% above the lowest level this year.

A potential catalyst for the SHIB price is that investors continue moving their tokens from centralized exchanges. Precisely, over 5 trillion tokens have left exchanges to the current 283 trillion.

Shiba Inu coins exchange reserves | Source: Nansen

Falling tokens on exchanges is a bullish sign that there is reduced selling pressure. Historically, large exchange outflows precede price rallies, as it suggests that holders are not looking to sell them in the short-term.

Similarly, moving tokens to cold storage or self-custody wallets is a sign that investors plan to hold them in the long term. It is a reflection of confidence in the asset’s future.

The ongoing exchange exit of Shiba Inu tokens has coincided with the robust accumulation by investors. These investors now hold over 12.15 billion tokens, a 103% monthly increase.

Their buying is likely a sign that these investors anticipate a rebound and a limited impact of the recent Shibarium hack. It is also a contrarian bet that the coin will take part in the altcoin season.

Shiba Inu price technical analysis

SHIB price chart | Source: crypto.news

The daily timeframe chart shows that the SHIB price remained in a tight range in the past few days. It was trading at $0.000013, which is along the 50-day Exponential Moving Average.

The token has formed a symmetrical triangle pattern whose two lines are nearing their confluence level. Also, the two lines of the MACD indicator have settled at the neutral level, while the Average True Range has retreated.

Therefore, the token will likely have a bullish breakout in the near term, with the next important resistance being at $0.0001592, which is about 25% above the current level. A move below the lower side of the triangle pattern will invalidate the bullish Shiba Inu price forecast.

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September 21, 2025 0 comments