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Bitcoin Chases New All-time Highs, Altcoins Gear Up to Follow
Crypto Trends

Bitcoin Chases New All-time Highs, Altcoins Gear Up to Follow

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Key points:

  • Solid inflows into spot Bitcoin ETFs show that bulls are back in the driver’s seat and a rally to a new all-time high is likely.

  • BNB is leading the altcoin recovery, with several altcoins poised to break above their overhead resistance levels.

Bitcoin (BTC) rose close to $123,900 on Friday, continuing its march toward the all-time high of $124,474. BTC’s recovery is backed by solid demand from the bulls, and the US spot BTC exchange-traded funds recorded $2.25 billion in inflows since Monday, according to Farside Investors data.

Analysts expect BTC to surge to a new all-time high. Capriole Investments founder Charles Edwards told Cointelegraph that BTC could skyrocket to $150,000 before the end of the year as investors seek safe-haven investments alongside gold.

Crypto market data daily view. Source: Coin360

While all signs point to a possible continuation of the uptrend, some analysts are cautious. Trader Roman said in a post on X that the relative strength index (RSI) indicator on BTC’s chart is exhibiting a bearish divergence on both the weekly and monthly time frames. Roman cautioned traders to be “careful holding here.”

Could BTC soar to a new all-time high, triggering a rally in altcoins? Let’s analyze the charts of the top 10 cryptocurrencies to find out.

Bitcoin price prediction

BTC surged above the $117,500 overhead resistance on Wednesday, indicating that the buyers are back in command.

BTC/USDT daily chart. Source: Cointelegraph/TradingView

The BTC/USDT pair has reached near the all-time high of $124,474, where the bears are expected to mount a strong defense. If the price turns down sharply from the current level of $124,474 and breaks below $117,500, it signals that the bears are active at higher levels. The Bitcoin price may then remain between $107,000 and $124,474 for a while longer.

Instead, if buyers drive the price above $124,474, it signals the resumption of the uptrend. The pair may then rally to $141,948.

Ether price prediction

Ether (ETH) closed above the 20-day exponential moving average ($4,309) on Wednesday and reached the resistance line on Friday.

ETH/USDT daily chart. Source: Cointelegraph/TradingView

The 20-day EMA has started to turn up gradually, and the RSI has risen into the positive territory, signaling a slight edge to the bulls. Sellers will attempt to halt the recovery at the resistance line, but if the buyers prevail, the ETH/USDT pair could retest the all-time high at $4,957.

The bears will have to pull the price below the 20-day EMA to weaken the bullish momentum. The Ether price could then drop to $4,060.

XRP price prediction

Buyers pushed XRP (XRP) above the downtrend line on Thursday but were unable to achieve a close above it.

XRP/USDT daily chart. Source: Cointelegraph/TradingView

Buyers are again attempting to maintain the XRP price above the downtrend line. If they succeed, the bearish descending triangle pattern will be invalidated. The XRP/USDT pair may then climb to $3.20 and later to $3.38.

This optimistic view will be negated in the near term if the price turns down and breaks below the moving averages. That suggests the breakout above the downtrend line may have been a bull trap. 

BNB price prediction

BNB (BNB) skyrocketed to a new all-time high above $1,084 on Thursday and extended the up move on Friday.

BNB/USDT daily chart. Source: Cointelegraph/TradingView

The BNB/USDT pair has broken above the ascending channel pattern, signaling a pickup in bullish momentum. There is minor resistance at $1,173, but if this level is crossed, the rally could extend to $1,252.

The breakout level from the channel and the 20-day EMA ($1,004) are likely to act as strong supports on the downside. Sellers will have to drag the BNB price below $930 to suggest that the pair may have topped out in the short term.

Solana price prediction

Buyers pushed Solana (SOL) back above the uptrend line on Wednesday, suggesting that the corrective phase may be over.

SOL/USDT daily chart. Source: Cointelegraph/TradingView

Any pullback from the current level is likely to find support at the 20-day EMA ($220). If that happens, the SOL/USDT pair could rally to the overhead resistance of $260. Sellers are expected to defend the $260 level with all their might because a close above it could catapult the Solana price to $295.

Sellers will have to tug the price below the 50-day simple moving average ($212) to make a comeback.

Dogecoin price prediction

Dogecoin (DOGE) closed above the 20-day EMA ($0.24) on Wednesday, indicating a slight edge to the bulls.

DOGE/USDT daily chart. Source: Cointelegraph/TradingView

Although the DOGE/USDT pair remains stuck inside a large range between $0.14 and $0.29, the price action is forming an ascending triangle pattern. Buyers will have to achieve a close above $0.29 to complete the bullish setup. DOGE may then rally to the pattern target of $0.39.

The bullish pattern will be invalidated if the bears pull the price below the uptrend line. That suggests the pair may extend its consolidation for some more time.

Cardano price prediction

Cardano’s (ADA) recovery rose above the 50-day SMA ($0.86) on Thursday, indicating that the selling pressure is reducing.

ADA/USDT daily chart. Source: Cointelegraph/TradingView

Buyers will have to propel the Cardano price above the resistance line to suggest that the correction may be over. The ADA/USDT pair could then attempt a rally to $1.02, where the bears are expected to step in.

Contrarily, if the price turns down from the current level or the resistance line and breaks below the 20-day EMA ($0.84), it suggests that the bears are selling on rallies. The pair may then slump to the $0.75 support.

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

Hyperliquid price prediction

Hyperliquid (HYPE) surged above the moving averages on Thursday, indicating solid buying at lower levels.

HYPE/USDT daily chart. Source: Cointelegraph/TradingView

The relief rally is expected to face selling at the 61.8% Fibonacci retracement level of $51.87. If the price turns down from $51.87 but bounces off the moving averages, it suggests that the sentiment has turned bullish. The HYPE/USDT pair could then ascend to $59.41.

On the contrary, if the price turns down and breaks below the moving averages, it signals that the bears are active at higher levels. The Hyperliquid price could then tumble to $43 and thereafter to $39.68.

Chainlink price prediction

Chainlink (LINK) rose above the 20-day EMA ($22.35) on Wednesday, but the bulls are facing resistance near the downtrend line.

LINK/USDT daily chart. Source: Cointelegraph/TradingView

If the price skids and remains below the 20-day EMA, it suggests that the LINK/USDT pair could stay inside the descending channel pattern for a few more days.

The first sign of strength will be a break and close above the downtrend line. If that happens, the Chainlink price could rally to $26 and, after that, to $27. Sellers will attempt to halt the up move at $27, but if the bulls prevail, the rally could reach $30.94.

Sui price prediction

Sui (SUI) climbed above the moving averages on Wednesday, indicating that the selling pressure is reducing.

SUI/USDT daily chart. Source: Cointelegraph/TradingView

If buyers maintain the price above the moving averages, the SUI/USDT pair could climb to the downtrend line. Sellers are expected to defend the downtrend line aggressively because a break above it could propel the Sui price to $4.20 and subsequently to $4.44.

On the contrary, if the price turns down and breaks below the moving averages, it suggests that the bears have not given up. The pair may then tumble to the $3.26 to $3.06 support zone.

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



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Market Rallies, Altcoins Lead Gains; Zcash Hits 16-Month High
NFT Gaming

Market Rallies, Altcoins Lead Gains; Zcash Hits 16-Month High

by admin



The crypto market experienced a boost on Wednesday with majors bitcoin BTC$116,592.90 and ether ETH$4,005.03 rising 2.9% and 3.1% respectively.

But the real story was in the altcoin market as several tokens rose by double-digits as investors speculate on another phase of “atlcoin season.”

ZEC hit its highest point since May 2022 while a number of DeFi tokens also experienced moves to the upside.

The market uptick comes alongside a backdrop of the U.S. government shutdown, which has spurred gold prices to record highs and caused a sell-off in the dollar.

Derivatives Positioning

by Jacob Joseph

  • The BTC futures market continues to show a strengthening bullish bias. The overall futures open interest remains high at around $31.69 billion, reflecting sustained trader engagement, with Binance still leading the pack at $13.19 billion. Concurrently, the 3-month annualized basis is holding firm between 6% and 7%, indicating that the yield from the basis trade remains robust. This consistent metric across both open interest and basis suggests that traders are not only increasing their exposure but are doing so with conviction, reinforcing the positive sentiment observed in the market.
  • The BTC options market continues to show a divergence between its key metrics, presenting a complex picture of market sentiment. While the 25 Delta Skew for short-term options remains low, suggesting that traders are still willing to pay a premium for puts to hedge against downside risk, the 24-hour Put/Call Volume points to a surge in bullish speculation. The latest data shows that calls now make up 63.54% of the total volume, a strong reversal from a put-dominated market. This conflicting data indicates a highly polarized environment where some traders are hedging against potential price drops, while a larger number are actively betting on a short-term rally.
  • Funding rates have not only remained positive on major exchanges like Binance and OKX, but have picked up across the board, including on the historically volatile Hyperliquid. Deribit, in particular, is seeing a significant premium, with its annualized funding rate jumping to 17%. This indicates a strong and sustained demand for leveraged long positions, as traders are consistently willing to pay a high premium to hold their bullish bets. The widespread positive funding across all major platforms signals a collective market conviction in a continued upward trend for BTC.
  • Coinglass data shows $644 million in 24 hour liquidations, with a 38-62 split between longs and shorts. BTC ($166 million), ETH ($164 million) and Others ($69 million) were the leaders in terms of notional liquidations. Binance liquidation heatmap indicates $116,650 as a core liquidation level to monitor, in case of a price rise.

Token Talk

By Oliver Knight

  • Privacy token ZEC$59.70 is leading the pack on Wednesday, rising to its highest point since May 2022 following a break out against its bitcoin and dollar trading pairs.
  • ZEC touched $97.25 before retreating back to around $92.00 – a 41% rise for the day on the back of a 36% rise in daily trading volume to $300 million.
  • The surge comes alongside a boost across the wider altcoin market, with DeFi tokens ENA$0.5838, curve (CRV) and RAY$2.6577 all increasing by more than 8%.
  • A number of catalysts triggered the crypto recovery; notably the U.S. government shutdown that brought the dollar lower and gold to fresh record highs at $3,887.
  • Altcoins have outperformed bitcoin so far on Wednesday, although it’s worth noting that the average crypto relative strength index (RSI) is approaching overbought territory, suggesting that a period of consolidation is on the cards as the market begins to cool.
  • One market outlier was aster, the native token of its namesake’s BNB Chain-based perpetual exchange. ASTER slumped by 6.8% on Wednesday to compound a 25% decline over the past week as hype in the HyperLiquid rival begins to fade.



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Best Altcoins to Watch as Altcoin Season Prepares for a Q4 Explosion
NFT Gaming

Best Altcoins to Buy as Altcoin Season Is Ready for Q4 Explosion

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

Q3 was supposed to be altcoin season, but it never really showed up. Aside from a handful of standouts, most tokens stalled, and the sharp sell-offs in late September left many traders questioning whether the rotation from $BTC into alts had fizzled.

Now, as Q4 begins, the charts are starting to tell a different story. Altcoin dominance looks eerily similar to 2017, when a flat curve suddenly gave way to a vertical breakout that defined the back half of the bull run.

The total crypto market cap excluding Bitcoin has also passed the $1.49T level, a zone that previously acted as resistance in 2021 before flipping into support. Historically, these kinds of retests mark the foundation for trend reversals.

The macro backdrop adds fuel to the setup. The Fed’s recent rate cuts loosen financial conditions, and with more expected, risk assets like altcoins have more room to run.

Meanwhile, regulatory clarity in the U.S. has been improving, with multiple altcoin ETF applications slated for decisions before year-end. If approved, those vehicles could unlock institutional liquidity that flows directly into the alt market.

Why does this matter? Because altcoin season is often the signal that the bull cycle has entered its second and most explosive leg. With only three months left in 2025, the conditions are aligning for a rotation that could mirror past cycles.

And if history is any guide, projects like Bitcoin Hyper ($HYPER), PepeNode ($PEPENODE), and Aster ($ASTER) are among the best altcoins traders are already watching closely as Q4 kicks off.

1. Bitcoin Hyper ($HYPER) – Scaling Bitcoin for the Next Wave

Bitcoin ($BTC) still dominates over 50% of the crypto market cap, but as a network it’s showing its age. Transactions are slow, fees remain high, and it’s not exactly built for dApps or meme coins.

Bitcoin Hyper ($HYPER) is stepping in to change that, positioning itself as the first real Bitcoin Layer 2 powered by the Solana Virtual Machine (SVM).

What does that mean in practice? Sub-second transactions and near-zero fees, all while anchoring security to Bitcoin Layer 1 through zero-knowledge proofs.

Builders can launch dApps, meme coins, and DeFi protocols on top of Bitcoin Hyper without worrying about congestion, while cross-chain interoperability connects $BTC seamlessly with $ETH, $SOL, and other ecosystems.

The token itself drives the system: $HYPER covers gas fees, staking, governance, and access to new launches. Early buyers also get priority access to staking and airdrops, which explains why whales have been piling in.

Learn how to buy Bitcoin Hyper in our step-by-step guide.

The presale has raised over $18.8M so far, with the tokens priced at just $0.012995 and staking yields of 63% APY. Our Bitcoin Hyper price prediction sees $HYPER possibly reaching a minimum of $0.4 by 2030.

$HYPER looks like one of those rare asymmetric bets that only come around once in a cycle.

Visit the Bitcoin Hyper presale website today.

2. PEPENODE ($PEPENODE) – Gamified Meme Coin Mining

Meme coins have always been the life of altseason, but most projects stop at ‘buy and hold.’ PEPENODE ($PEPENODE) takes a different approach with the first mine-to-earn model, turning meme coin speculation into a gamified ecosystem.

Instead of chasing passive gains, holders build out virtual server rooms that act as mining rigs. You buy Mining Nodes, configure them for optimal yield, and climb the leaderboards against other players.

Alt text: PEPENODE ($PEPENODE) mine-to-earn meme coin.

Not happy with your setup? You can sell nodes anytime to reclaim liquidity. The kicker: top performers earn extra rewards in trending crypto coins like $PEPE and $FARTCOIN, creating a feedback loop between culture and competition.

Presale numbers suggest it could be one of the best crypto presales of the year, as $PEPENODE has already raised over $1.51M. Tokens are priced at $0.0010788, with our PEPENODE price prediction forecasting around a 2X from current prices in 2025.

Early stakers are also seeing eye-watering yields of 874% while waiting for the full launch of the mining platform. Read our how to buy PEPENODE guide to get your share of APY.

The USP here is accessibility. No hardware, no power bills, no technical barriers. Just virtual mining with a competitive edge and meme coin incentives drilled in. By combining staking, gamification, and meme culture, PEPENODE offers something stickier than most meme coins.

With altcoin season rotations historically favoring meme coins with utility, $PEPENODE feels built for the moment.

Visit the PEPENODE presale now.

3. Aster ($ASTER) – The DEX Challenger Backed by CZ

Perpetual trading has exploded into one of the fastest-growing corners of DeFi, with daily volumes reaching $109B across protocols. Among them, Aster ($ASTER) is quickly climbing to the front of the pack.

According to data, Aster recently overtook Hyperliquid in not just 24-hour volume (with a whopping $85.49B), but 7-day and even 30-day volume. Pretty impressive for a project that launched less than two weeks ago.

Source: DefiLlama

What sets it apart? Aster is built for multi-chain, supporting BNB, Ethereum, Solana, and more. It also introduces ‘hidden orders,’ a feature that allows traders to place invisible limit orders – a rare level of privacy in an industry where most order books are transparent by design.

That mix of liquidity and stealth has attracted both high-volume traders and DeFi enthusiasts. The project’s credibility is reinforced by its backers. YZi Labs (formerly Binance Labs) holds a stake, and Binance co-founder Changpeng Zhao (CZ) has publicly endorsed Aster on X.

Market data shows $ASTER trading at $1.84 with a $3.05B market cap. Its FDV of around $15 represents a massive leap from just $560M at its Token Generation Event (TGE).

If altseason sparks a flood of liquidity into DeFi infrastructure, $ASTER is well-positioned to capture a commanding slice.

Read about Aster’s tokenomics.

Together, $HYPER, $PEPENODE, and $ASTER each capture a different slice of the altcoin season narrative – Bitcoin scalability, gamified meme-coin culture, and DeFi infrastructure. If Q4 lives up to the setup, these could be among the projects leading the charge.

As always, this article does not constitute financial advice. Please do your own research (DYOR) before investing in cryptocurrencies, as markets remain volatile and unpredictable.

Authored by Aidan Weeks, Bitcoinist — https://bitcoinist.com/best-altcoins-to-buy-as-altcoin-season-ready-to-explode-q4

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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Best Altcoins to Buy as Options & Derivatives Push Bitcoin Toward $10T Market Cap
GameFi Guides

Best Altcoins to Buy as Options & Derivatives Push Bitcoin Toward $10T Market Cap

by admin


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

Market analyst James Van Straten has highlighted that open interest for BTC futures on the Chicago Mercantile Exchange (CME) is now sitting at all-time highs.

This signals increasing institutional participation and maturity for Bitcoin, as these instruments typically cushion markets from excessive volatility – exactly what deep-pocketed investors are after.

According to Straten, ‘this is how Bitcoin gets to a $10T+ market cap.‘

Keep reading as we break down why Bitcoin’s growing maturity is necessary for its growth. We’ll also point you toward the best altcoins to buy if you want to position yourself ahead of this shift.

Bitcoin’s Maturity and the Road to $10T

A big driver of Bitcoin’s maturity is the growth of derivative products like options.

By definition, an option is a contract that gives you the right but not the obligation to buy or sell an asset at a predetermined price.

Beyond the technicalities, their true role is in bringing stability, hedging strategies, and depth to the market, all of which pave the way for Bitcoin’s evolution into a full-fledged institutional asset class.

Sure, while less dramatic price swings and dampened volatility could be perceived as Bitcoin losing its trademark sheen, it’s important for us to wrap our heads around their importance.

With that in mind, now’s the perfect time to build yourself a growth-oriented crypto portfolio. Here are our top 3 suggestions.

1. Bitcoin Hyper ($HYPER) – New Bitcoin Layer-2 for Solana-Like Speed & Web3 Support

Bitcoin Hyper ($HYPER) is arguably the best crypto presale available right now.

Retail and crypto whales combined have already poured in over $18.6M into this potentially revolutionary Layer 2 solution for the Bitcoin blockchain.

$HYPER aims to finally rid the Bitcoin network of its longstanding issues: sluggish speeds, little to no scalability, and almost no Web3 support.

Unlike Bitcoin’s native layer that processes transactions one by one, $HYPER processes thousands of transactions simultaneously.

Then, it sends a summary of all those transactions to Bitcoin’s mainchain, ensuring the network’s security remains intact.

All of this is made possible via Solana Virtual Machine (SVM) integration, which also allows developers on Bitcoin to finally build smart contracts and decentralized applications.

This opens up an entirely new world of Web3 applications on Bitcoin, including DeFi trading apps, NFT marketplaces, gaming dApps, DAOs, lending, staking, and more.

To interact with these apps, all you have to do is send your Layer 1 Bitcoin to Hyper’s Canonical Bridge, which will lock those tokens and provide you with an equivalent amount of Layer 2-compatible wrapped tokens.

Currently, you can buy $HYPER for just $0.012985 apiece. And according to our Bitcoin Hyper price prediction, the token could hit $0.32 by the end of 2025 – a whopping 2,300% ROI.

Visit Bitcoin Hyper’s official website to learn more about this new BTC-centric altcoin.

2. Maxi Doge ($MAXI) – Raw Degen Energy Powering the Next Greatest Meme Coin

A well-rounded crypto portfolio should also include one or two hype-driven meme coins with the potential to go absolutely bonkers. Enter Maxi Doge ($MAXI).

Think of $MAXI as Dogecoin’s latest iteration – fierce, bulked-up, and determined to churn out 1000x gains for its investors.

Maxi’s mission is to overtake Dogecoin’s dominance as the best meme coin. Why? Because Dogecoin is his cousin – and the very reason behind his loneliness and low self-esteem growing up. And now, $MAXI wants revenge.

Naturally, a good old hero-villain story has plenty of takers, which is why the Maxi Doge presale has already pulled in over $2.5M from early investors.

Maxi’s plan involves going viral. It has reserved a massive 40% of its total token supply for marketing, covering PR campaigns, influencer collaborations, and social media blitzes.

Even better, if you’re a $MAXI holder, you’ll also gain access to exclusive weekly trading competitions and leaderboard prizes.

$MAXI doesn’t want to limit itself to just CEX and DEX listings either; it also plans to dominate the futures trading space, giving meme coin enthusiasts a real shot at outsized returns using leverage.

Right now, 1 $MAXI is available for just $0.0002595. And as per our Maxi Doge price prediction, a $100 investment today could turn into $920 by year-end. Here’s how to buy $MAXI.

Visit Maxi Doge’s official website to learn more.

3. Tutorial ($TUT) – Utility-Backed Altcoin Ready to Rally

Tutorial ($TUT) is a low-cap coin that could become the next big breakout winner, given that it’s directly tied to crypto’s growth.

It’s an AI-powered tool designed to educate people about the basics of cryptocurrency, blockchain technology, and the BNB Chain ecosystem.

Think of it as a smart tutor that guides you through things like setting up a crypto wallet, writing smart contracts, and trading on the best decentralized exchanges.

$TUT is up over 10% in the last seven days, having just broken out of a long-drawn consolidation phase that lasted nearly three months.

At the time of writing, the price is hugging the 10 EMA – a classic technical analysis signal suggesting upcoming bullishness.

Interested? Buy $TUT on Binance or any of the other crypto exchanges.

Recap: With Bitcoin’s market cap set to rocket toward $10T on the back of derivatives, now’s the perfect time to load up on low-priced, high-upside gems like Bitcoin Hyper ($HYPER), Maxi Doge ($MAXI), and Tutorial ($TUT).

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

Authored by Krishi Chowdhary, Bitcoinist — https://bitcoinist.com/best-altcoins-to-buy-as-options-derivatives-push-bitcoin-10t-market-cap

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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Best Altcoins to Buy After Google Acquires Stake in Bitcoin Mining Company
GameFi Guides

Best Altcoins to Buy After Google Acquires Stake in Bitcoin Mining Company

by admin


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

Google is all set to acquire a 5.4% stake in Cipher Mining, a Bitcoin mining company, in exchange for guaranteeing part of the payment in the deal between Fluidstack (an AI-focused data center company) and Cipher Mining.

  • Fluidstack and Cipher Mining have entered into a 10-year contract worth $3B, under which Fluidstack will lease Cipher Mining’s computing power.
  • Since this is such a large amount, Google has stepped in to guarantee $1.4B of Fluidstack’s obligation.
  • In return, Cipher Mining will issue share warrants that give Google a 5.4% ownership stake (24M shares) in the company.

This isn’t the first time Google has done this. Earlier in August, the tech giant acquired a 14% stake in TeraWulf, another Bitcoin mining company, by backstopping $1.8B out of its $3.7B deal with Fluidstack.

Read on as we explore Google’s newfound interest in Bitcoin mining firms, and highlight the best altcoins to buy now  – including the likes of Bitcoin Hyper ($HYPER) and Snorter Token ($SNORT) – to make the most of this industry shift.

Bitcoin Miners Moving Towards AI

Google’s foray into Bitcoin mining firms isn’t just a long bet on cryptocurrency but also a calculated investment in artificial intelligence.

Here’s a key correlation to pay attention to: both AI and Bitcoin mining require enormous amounts of raw compute and massive power capacity to operate. Both rely heavily on specialized GPUs and cheap bulk electricity.

Bitcoin miners, having existed for more than a decade, already have access to giant data centers with racks, cooling, and robust power infrastructure.

In contrast, the AI industry has to build this from scratch. This is why many Bitcoin mining firms have been pivoting toward a hybrid revenue model by investing in the high-performance computing (HPC) segment.

  • CleanSpark recently raised $100M by using Bitcoin as collateral, a portion of which has been reserved for AI infrastructure.
  • Similarly, Hive Digital has been investing in advanced GPUs to expand its HPC segment.

Google has spotted this pivot, which explains why it has been aggressively acquiring stakes in Bitcoin mining companies.

The financial backing of a tech behemoth like Google is a huge vote of confidence in the long-term sustainability of crypto infrastructure.

By investing in Bitcoin mining firms, Google is strengthening their financial footing, which leads to a more stable crypto economy.

Fresh HPC deals bring new liquidity and credibility to the wider mining and crypto space, transforming miners into mainstream AI-driven compute giants.

All in all, this could be your cue to build a crypto portfolio along these lines. If you’re looking for ideas, here are our top picks for best crypto to buy now.

1. Bitcoin Hyper ($HYPER) – New Bitcoin Layer-2 Bringing Ultra-Fast Speeds, Low Fees & Web3 Support

Investing in Bitcoin’s long-term potential is undoubtedly one of the smartest moves you could make in your crypto investing career.

And to help you do just that – while adding an extra slice of profitability – comes Bitcoin Hyper ($HYPER), a new Bitcoin-themed altcoin currently in presale.

It’s a next-gen Layer-2 solution for Bitcoin that will tackle the network’s age-old issues of slow transactions and high costs.

Unlike Bitcoin’s native chain, which processes transactions one by one, $HYPER will leverage Solana Virtual Machine (SVM) integration to execute thousands of transactions in parallel, provided they’re not interdependent.

The result? Significantly higher throughput and lower costs.

On top of that, the SVM empowers developers to finally build smart contracts and decentralized applications on Bitcoin, bringing a full-fledged Web3 infrastructure to the network.

This includes DeFi trading apps, NFT marketplaces, DAOs and governance, lending, staking, and much more.

One of the most important elements of Hyper’s Web3 environment is its decentralized, non-custodial canonical bridge.

Simply put, it allows you to convert your Layer-1 Bitcoin – which is normally incompatible with Layer-2s – into wrapped Bitcoin that’s fully compatible with Bitcoin Hyper’s Layer-2 network.

Currently in presale, Bitcoin Hyper has already attracted $18.3M from early investors, with each token still priced at just $0.012975. You can also stake it for 64% APY. That said, the next price increase is just hours away. Discover how to buy $HYPER and then get yours at its current early-bird price.

According to our Bitcoin Hyper price prediction, by the way, $HYPER has the potential to go absolutely bonkers once it lists, potentially delivering returns of up to 2,300% by the end of this year alone.

Visit Bitcoin Hyper’s official website to learn more.

2. Snorter Token ($SNORT) – Revolutionary Telegram Trading Bot for Meme Coin Sniping

Like Bitcoin Hyper, Snorter Token ($SNORT) is built to tackle a critical issue in the crypto landscape: the unfair dominance of institutional players in the meme coin trading segment.

Up until now, big-money whales with advanced tools have been able to scoop up nearly all the liquidity in new meme coins, leaving nothing for the average Joe and keeping those monstrous gains for themselves.

Snorter’s game-changing Telegram trading bot, however, will flip the script by letting you place buy and sell limit and stop orders in advance.

Then, its sub-second sniping will automatically execute those trades as soon as liquidity kicks in, finally giving retail traders a shot at playing in the big leagues.

Plus, you won’t have to worry about scammers and hackers troubling you. Snorter will come packed with safeguards against rug pulls, honeypots, common on-chain scams, and even sophisticated sandwich attacks.

The best part about Snorter, though, will be its ease of use. All you’ll have to do to place orders, manage your crypto portfolio, or even enable the bot’s copy-trading function is send simple commands in the familiar Telegram chat.

So even if you’re new to meme coin trading, it’ll feel like a breeze to use.

Buying $SNORT, the bot’s native crypto, gives you access to a host of exclusive benefits, including reduced trading fees of just 0.85% versus the regular 1.5%, staking rewards, no daily sniping limits, and advanced analytics.

The project is currently in presale and has already raised over $4.1M. The good news is you can still buy $SNORT for just $0.1055 apiece and stake it for 115% APY.

The bad news? The Snorter Token presale is in its final stretch and set to end in just 24 days. So, the clock is ticking.

You won’t want to miss out on this one because, according to our Snorter Token price prediction, this new cryptocurrency could hit $0.94 by the end of 2025, potentially delivering a chunky 800% ROI.

Head to the official Snorter Token website and buy your tokens before it’s too late.

3. Dogecoin ($DOGE) – Prominent Meme Coin Prepping for a Fresh Leg Up

Dogecoin ($DOGE) is probably the only meme coin in the market that has moved beyond plain speculation and into the territory of being, for lack of a better word, a blue-chip crypto.

On the technical side, after a sweltering 23,000% rally in early 2021, the token has mostly moved sideways with a few bumps here and there, but nothing of real substance.

That said, the recent ETF announcements and launches – most notably the REX-Osprey DOGE ETF – have injected fresh fuel into the token, and experts believe now could be the best time to buy some $DOGE before it explodes.

According to renowned crypto analyst Ali Martinez, who has 157K+ followers on X, ‘This is a great zone to buy Dogecoin before a bullish breakout to $0.50!’

Martinez highlighted that Dogecoin is currently in an ascending triangle pattern, firmly supported by an upward trend line while aggressively approaching its upper resistance. A breakout here could send the token soaring to new highs.

While he suggests $0.50 as the most realistic target, it’s highly possible that $DOGE could rally further and hit $0.75 on the back of the broader bullish sentiment in the crypto market.

That would be more than a 220% gain from current levels. So even after maturing, Dogecoin is still staring at triple-digit gains, which is proof of both its potential and its dominance.

Interested? Buy $DOGE on Binance or any of the other major crypto exchanges.

Disclaimer: Crypto investments are highly risky. None of the above is financial advice. Always do your own research before investing.

Authored by Krishi Chowdhary, Bitcoinist – https://bitcoinist.com/best-altcoins-to-buy-as-google-acquires-stake-in-bitcoin-mining-company

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



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Crypto market selloff deepens as Bitcoin and altcoins fall
Crypto Trends

Crypto market selloff deepens as Bitcoin and altcoins fall

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The crypto market is under renewed bearish pressure as Bitcoin continues to struggle under $113,000 and major altcoins bleed, deepening a sell-off that commenced earlier in the week.

Summary

  • The crypto market is witnessing more downturn.
  • Bitcoin and altcoins like Ethereum, Solana, and Ripple are also down with losses of 4-10% on the week.
  • Some altcoins like Aster, Mantle, and BNB have posted gains, defying the broader market trend.
  • Traders are eyeing ‘Uptober’ for potential recovery, which has historically served as a bullish month.

The crypto market downturn that has further extended, compounding Monday’s sharp decline that saw over $1.7 billion positions liquidated from the market. Despite a brief recovery attempt, Bitcoin and several major altcoins remain under pressure, with weak momentum and fading investor confidence across the board.

Bitcoin slides as crypto market bleeds

Per market data from crypto.news, Bitcoin (BTC) trades at $112,786 at press time, down 3.5% over the past week. After peaking above $118,000 last week, the crypto king has struggled to reclaim lost ground, briefly dipping below $112,000. 

Sellers continue to dominate, alongside strong outflows from exchange-tracked funds. The negative pressure continues to weigh on price, and unless BTC breaks above $113,500, further downside toward $111,000 appears likely. A move above $115,000 would be the first sign of recovery.

Bitcoin price chart | Source: crypto.news

Ethereum (ETH)

Ethereum (ETH) has mirrored Bitcoin’s price weakness as the crypto market downturn continues, dropping from its recent high near the $4,700 range to a low of $4,100. At the time of writing, ETH is trading around $4,174, hovering just above support. The RSI at 39.95 suggests nearing oversold conditions, while the 9-day SMA at $4,401.65 looms as resistance.

If ETH fails to hold $4,100, a deeper correction toward $4,000 could follow. Conversely, a breakout above $4,250 would signal a potential shift in momentum.

ETH price chart | Source: crypto.news

Solana (SOL)

Solana (SOL), the sixth-largest cryptocurrency by market capitalization, has also seen steep losses. The asset is now down nearly 10% over the past seven days. SOL price is currently around $211, marking a sharp decline from its recent surge above $250.

SOL price chart | Source: crypto.news

For now, Solana’s price remains under the 9-day SMA at $231.94, confirming bearish sentiment. If $204 breaks, the asset could revisit the $195–$200 zone.

Ripple (XRP)

Also under pressure in the ongoing crypto market slide is Ripple (XRP), currently trading at $2.87, down 4.7% so far this week. Although it posted a modest 1.65% gain on the latest daily candle, resistance at $2.90–$3.00 remains strong. The asset’s broader performance has been muted, and if momentum fails to improve, a breakdown below $2.85 could push prices lower, potentially toward $2.75.

XRP price chart | Source: crypto.news

Still, some altcoins are showing resilience. Binance Coin (BNB) is up roughly 3% on the day, while Mantle, PUMP (PUMP), and CAKE (CAKE) have posted gains up to 5%. Aster (ASTER) stands out as the day’s largest gainer, surging 35% as it defies the broader market’s sluggish trend.

Despite the current weakness, optimism surrounds the upcoming “Uptober” period, historically known for crypto rallies. However, unless sentiment improves and selling pressure eases, volatility is expected to persist.



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Top Altcoins to Buy According to DeepSeek After Bitcoin Bull Cycle Enters Late Stage
NFT Gaming

Top Altcoins to Buy According to DeepSeek After Bitcoin Bull Cycle Enters Late Stage

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

Bitcoin’s recent 10% fall from its all-time high of $124,500 in early August has sparked speculation about whether this is just a healthy pullback or the beginning of a market top.

Now, popular analytics firm Glassnode has released its latest report suggesting that we could actually be witnessing a ‘historically late phase’ of Bitcoin’s current market cycle.

The report noted that long-term holders in this cycle have realized more profits than in all but one past cycle, signaling heavy sell-side pressure along with weaker capital inflows.

The most interesting takeaway from the report was Bitcoin’s latest cycle being compared with the 2018-2022 and 2015-2018 bull runs.

In both those instances – and in the current stage – the same metrics flashed similar signals.

And in both cases, Bitcoin went on to reach an ATH within the following 2-3 months, which then marked the cycle’s market top.

Read on as we unpack Bitcoin’s latest fundamental signals with the help of DeepSeek. Spoiler alert: it’s not all negative. In fact, there are plenty of positive signs.

And with that in mind, we’ll also point you toward the best altcoins to buy right now.

Short-Term Accumulation, Exchange Outflows, and What’s Next for Bitcoin

Although institutional and long-term Bitcoin holders have grown increasingly wary of getting in at all-time highs, short-term holders have been aggressively adding the digital gold to their portfolios.

  • According to CryptoQuant, new Bitcoin holders, i.e., wallets less than 1 month old, together added a whopping 73,702 $BTC in September alone.
  • This shift in buying pressure from long-term holders to short-term holders is often seen in strong and sustained bull markets.
  • Even better, exchange balances have also dropped by more than 31K $BTC over the past 30 days or so, which again has the net effect of reducing any immediate selling pressure.

All in all, it’s clear that Bitcoin is in a sensitive position right now, with macroeconomic factors like rate cuts and growing crypto clarity working in its favor, while exchange numbers and on-chain data also suggest we could see a potential deeper correction before rebounding.

Whatever the case, it’s hard to argue against Bitcoin and crypto in general heading toward a brighter future.

If you want to ride that particular tailwind without getting caught up in short-term corrections or volatility, you’ll be better off picking low-cap, high-potential gems that can deliver not only on hype but also on long-term vision.

Here are our top 3 suggestions, based on DeepSeek AI’s expert analysis.

1. Bitcoin Hyper ($HYPER) – New Layer-2 Supercharging Bitcoin with Fast Speeds, Low Costs & Web3 Support

Bitcoin Hyper ($HYPER) is easily the best crypto presale on the market right now, having already raised nearly $18M from early investors in just a few weeks.

Even better, there’s no shortage of whale participation in this presale. For instance, two large whale buys scooped up nearly $100K worth of $HYPER just yesterday.

What’s driving Bitcoin’s growth? A game-changing mission to turbocharge the Bitcoin blockchain with Solana-like speed, scalability, and programmability.

Bitcoin Hyper is a Layer-2 solution that integrates with the Solana Virtual Machine (SVM), ditching the popular Ethereum Virtual Machine (EVM), in order to execute thousands of transactions simultaneously, effectively solving Bitcoin’s age-old issue of sluggish speeds.

Even better, developers and users on Bitcoin won’t have to sacrifice Bitcoin’s native security to reap the benefits of Hyper’s lightning-fast execution.

That’s because Bitcoin Hyper batches the results of all transactions and submits a summary to Bitcoin’s main chain.

Furthermore, the SVM opens up an entirely new world of Web3 applications right on Bitcoin. These include DeFi trading apps, NFT marketplaces, DAOs and governance, lending, staking, and even blockchain gaming.

You can interact with these applications by simply converting your Layer-1 Bitcoin into wrapped, Layer-2 compatible $BTC tokens via Bitcoin Hyper’s non-custodial, decentralized canonical bridge.

According to our Bitcoin Hyper price prediction, the token could hit $0.32 by the end of 2025 – so a massive 2,300% ROI could be yours if you get in now.

1 $HYPER is currently available for just $0.012965, and here’s our detailed guide on how to buy Bitcoin Hyper.

Visit Bitcoin Hyper’s official website to learn more about how its canonical bridge ensures seamless access to Bitcoin’s new Web3 environment.

2. Maxi Doge ($MAXI) – Fierce Shiba Inu Aiming to Dethrone DOGE as the Best Meme Coin

While many might believe that Maxi Doge ($MAXI) is a slightly out-of-the-pocket suggestion when crafting a long-term crypto portfolio, DeepSeek points out that its Dogecoin theme and rampant hype could make it the next 1000x crypto.

If you want to fully understand Maxi’s potential, you need to be aware of his backstory.

Both Maxi and Dogecoin belong to the same family of Shiba Inu, but due to the OG crypto’s fame, Maxi never received the love and appreciation from his family.

That ignited a fire within him, which he honed in the gym and in the charts, to now emerge as the ultimate Doge nemesis.

Maxi’s plan is to dominate the meme coin market, potentially even surpassing Dogecoin in both market cap and raw returns. This mission is fueled by a roadmap that focuses on virality.

The developers have reserved a whopping 40% of the total token supply for promotional activities, including PR campaigns, influencer partnerships, and social media blitzes.

$MAXI also plans to launch on futures platforms, giving unhinged meme coin traders the perfect opportunity to use leverage and aim for those whale-like returns that have always evaded retail portfolios.

The token has the potential to hit $0.0024 by the end of this year – according to our $MAXI price prediction – giving you an eye-popping 820% return.

At the time of writing, the Maxi Doge presale has accumulated over $2.4M from early investors, with each token available for just $0.000259. Here’s how to buy $MAXI in 4 simple steps.

Check out Maxi Doge’s official website to learn all about its hatred for Dogecoin, roadmap, and tokenomics.

3. BNB ($BNB) – World’s Fifth-Biggest Crypto Prepping for a 100% Rally

$BNB‘s recent run-up to new all-time highs, at a time when other mainstream tokens like $BTC, $ETH, $SOL, and $XRP are all either in red or barely in green for the month, have made it one of the best cryptos to watch right now.

Although conventional investing wisdom advises against getting in at ATHs, there’s a high likelihood $BNB might not churn out the pullback you’re waiting for.

Why? Because it just broke out of a 4-year long consolidation zone, which lasted from May 2021 to May 2025.

Since this breakout, $BNB is up over 50%, and according to this trading pattern, we can expect the token to charge toward $2,000 in the coming weeks.

We arrived at this target by measuring the width of the consolidation phase and projecting it onto the breakout level – according to the technical analysis playbook.

Interested? Buy $BNB today on Binance, or any of the other major crypto exchanges.

Recap: With Bitcoin potentially in the last stages of its current cycle, consider sticking to altcoins with serious long-term potential, like Bitcoin Hyper ($HYPER), Maxi Doge ($MAXI), and BNB ($BNB).

Disclaimer: This article is not financial advice. The crypto market is highly volatile, so kindly do your own research before investing.

Authored by Krishi Chowdhary, Bitcoinist — https://bitcoinist.com/top-altcoins-to-buy-deepseek-after-bitcoin-bull-cycle-enters-late-stage

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

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

by admin


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.



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The chart shows combined market value of top two stablecoins, USDT and USDC. (TradingView/CoinDesk)
NFT Gaming

BTC Treads Cautiously as Altcoins IMX, NEAR and HASH Show Signs of Froth

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The crypto market continues to trade cautiously as it seeks fresh catalysts following the Fed rate cut. BTC has settled into a tight range, with $118,000 serving as resistance for the bulls to overcome.

Open interest in bitcoin futures has jumped to 149K BTC, ending a two-month downtrend. It indicates renewed capital inflows into futures, possibly on the bearish side, as the three-month annualized premium remains depressed below 10%.

Smaller tokens continue to gain ground, raising hopes for a full-blown altcoin season. In the past 24 hours, IMX, NEAR and HASH have gained over 10%, the only three coins out of the top 100 to enter double figures.

Timothy Misir, head of research, BRN, called traders to keep position sizes prudent.

“Institutional flows and large accumulation address activity support the bullish case; record options open interest and dense supply near $118,000 create tangible pinch points. Trade the market as it is: keep position sizes prudent, manage leverage tightly, and use $115,200 as the primary tape guardrail while watching $118,000 for a clear breakout signal,” Misir said in an email.

Derivatives Positioning

by Omkar Godbole

  • AVAX is the only top 20 cryptocurrency to boast an increase in perpetual futures open interest over the past 24 hours. The rest of the coins have seen flat to negative OI, a sign of capital outflows.
  • According to data source Glassnode, 5,000 BTC in long positions is vulnerable to liquidation if the price drops below $117,000. There is also a build up of short positions at higher price levels, representing a sell-on-rise mentality.
  • Most majors, excluding LINK, DOT and TRX, have seen net selling in futures, as evidenced by their negative 24-hour cumulative volume deltas. This indicates the possibility of a sharp drop in altcoins later today alongside a growing risk aversion on Wall Street.
  • On the CME, bitcoin futures OI has bounded to 149K BTC, ending a two-month downtrend. Perhaps, fresh shorts are coming in, as the annualized three-month premium remains below 10% and looks to be trending south. Ether’s futures OI has risen back above 2 million ETH.
  • On Deribit, traders continue to chase put options tied to BTC in a sign of lingering downside concerns. Flows over OTC network Paradigm featured calendar spreads and put writing.

Token Talk

By Oliver Knight

  • Aster, the native token of its namesake decentralized exchange, rose 33% in the past 24 hours to contribute a 650% gain since it was issued earlier this week.
  • The token was touted on X by Binance founder Changpeng Zhao, who claims the token is a direct competitor to HyperLiquid’s HYPE.
  • Nearly 330,000 wallets used Aster ahead of a series of exchange listings for the token, with daily trading volume hitting $420 million.
  • The platform’s introduction hasn’t been without controversy, one of the Aster team members had to say “funds are safe” on Discord in response to concerns about whether funds could be withdrawn.
  • It is also claimed that Aster is just a rebrand of Apollox, a decentralized perpetuals exchange that has been around for years.
  • Nonetheless, the platform has proven attractive in the past 24 hours and is considered by some traders as a viable alternative to HyperLiquid, whose token has a market cap of $18.7 billion compared with Aster’s $1 billion.



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How experts believe Bitcoin and altcoins will react
NFT Gaming

How experts believe Bitcoin and altcoins will react

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With the Fed delivering a widely anticipated decision, experts are shifting attention to the tone.

Summary

  • The Federal Reserve has cut interest rates by 25 basis points, as markets anticipated
  • Fed’s tone leans dovish, potentially boosting Bitcoin and altcoins
  • Still, altcoins are not out of the woods yet, as there’s no definitive decision on further easing

The Federal Reserve delivered its long-anticipated 25-basis-point rate cut, the first cut of 2025. While markets fully priced the September 17 cut, all attention was on the Fed’s tone and what it signals for the future.

Notably, Fed Chair Jerome Powell emphasized risks to employment and growth and stated that the door was open for more cuts. This, together with the FOMC dissenter who called for a 50-basis-point cut, signals a dovish shift. crypto.news talked to several experts in the crypto space ahead of the decision, asking how this would affect the crypto markets.

A 25-basis-point cut was expected, but the stakes are higher than earlier, says Shawn Young, chief analyst at cryptocurrency exchange MEXC. With inflation still elevated, markets will closely watch the direction the Fed is taking.

In a bullish scenario, a dovish Fed outlook with further expectations of rate cuts could drive flows into BTC and other blue-chip coins, pushing the BTC price towards the $120,000–$125,000 range in the weeks ahead.

Farzam Ehsani, CEO at crypto exchange VALR, also suggested that Bitcoin may continue to face macro pressures. For Bitcoin, the key is the expansion of institutional liquidity, he added.

“Bitcoin’s relative underperformance against Gold and the S&P 500 highlights the current shift in market dynamics… investors are very selective about where they deploy their capital now.”

Fed’s decision could trigger altcoin rotation

According to Arthur Azizov, founder at B2 Ventures, the reaction to the Fed could boost Bitcoin and altcoins or lead to a “sell the news” scenario. The latter alternative is particularly likely if markets see the Fed’s decision as not dovish enough.

“Altcoins are even more sensitive. Solana, now above $230, looks strong but faces heavy resistance near $240-250, while XRP is defending the $2.90-$3.00 zone. The problem is liquidity: unless fresh inflows arrive, traders tend to rotate back into Bitcoin during uncertainty,” Arthur Azizov, B2 Ventures



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