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Exchange Review August
Crypto Trends

DOGE Rallies 3% Back Above $0.26 as Traders Target $0.30

by admin October 5, 2025



Dogecoin bounced sharply in early Sunday trade, recovering from Saturday’s slide to reclaim the $0.26 handle.

The move higher came after a mid-session flushout drove price to $0.248 on heavy volume, clearing weak longs before buyers stepped in.

DOGE is now consolidating just above $0.26 with traders eyeing the $0.30–$0.33 zone as the next resistance cluster.

News Background

• DOGE has been trading within a broad $0.24–$0.27 band through September as ETF filings and institutional mining investments build longer-term narratives.
• Reports show 2 billion DOGE accumulated by large holders over the past 72 hours, consistent with historical pre-breakout patterns.
• Broader crypto markets are stabilizing after last week’s $1.7 billion in liquidations, with DOGE drawing inflows as traders rotate back into high-beta tokens.

Price Action Summary

• DOGE dropped from $0.254 to $0.248 during Saturday’s mid-session selloff, establishing strong support at $0.247–$0.249.
• Volume surged to 485.6M during the capitulation, confirming institutional participation.
• The token rebounded into an ascending channel formation, closing near $0.252.
• By early Sunday, DOGE had reclaimed $0.26, with consolidation now evident above the level.
• Traders flag $0.30 as the next resistance test, with $0.33–$0.40 as breakout targets.

Technical Analysis

• Support: Strong base around $0.247–$0.249 following heavy-volume rebound.
• Resistance: Short-term at $0.265, broader upside targets $0.30–$0.33.
• Volume: Spikes at 15:00 (485.6M) and during late-session rallies (>17M in minutes) confirm institutional flows.
• Trend: Ascending channel structure forming from $0.248 trough.
• Momentum: Final 60-minute advance from $0.251 to $0.252 (+0.5%) signaled continued bid into session close.

What Traders Are Watching

• Whether DOGE can sustain closes above $0.26 to confirm base-building.
• SEC’s pending DOGE ETF rulings — a potential near-term catalyst for institutional adoption.
• Whale flows after 2B DOGE accumulation over 72 hours.
• Breakout potential toward $0.30–$0.40 if momentum accelerates.



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October 5, 2025 0 comments
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Ethereum price rallies on $1.3b ETF inflows, eyes $5k target
NFT Gaming

Ethereum price rallies on $1.3b ETF inflows, eyes $5k target

by admin October 4, 2025



Ethereum price is off to a strong start in October, fueled by the so-called ‘Uptober’ rally and surging inflows into exchange-traded funds, as it nears a crucial milestone.

Summary

  • Ethereum price has formed a bullish flag pattern on the daily chart.
  • The Murrey Math Line tool points to a jump to $5,625 soon.
  • Ethereum ETFs are nearing the $15 billion cumulative inflows.

Ethereum ETF inflows near a major milestone

Ethereum (ETH) briefly crossed the $4,500 milestone after jumping by almost 20% from its lowest level in September. This rally may continue in the coming days, as it has formed a rare bullish flag pattern.

Data compiled by SoSoValue shows that spot Ethereum ETFs made a strong rebound this week. These funds saw over $1.3 billion in inflows, a sharp recovery after shedding $795 million in assets the previous week.

The ETFs have now recorded cumulative inflows of $14.42 billion—a figure that may surpass the $15 billion milestone next week if the trend continues.

BlackRock’s ETHA ETF holds the largest market share in the industry. It recorded $206.7 million in inflows on Friday, bringing its total assets under management to $17.8 billion. Fidelity’s FETH has $3.35 billion in assets.

Ethereum ETFs have gained strong momentum this year, supported by the ongoing crypto market rally that pushed Bitcoin (BTC) to a record high.

Inflows surged this week as investors turned to cryptocurrencies as safe-haven assets amid the government shutdown. They also increased following a report by ADP, which showed the labor market weakened in September—losing over 36,000 jobs—and raised expectations of interest rate cuts by the Federal Reserve.

Ethereum price technical analysis 

ETH price chart | Source: crypto.news

The daily chart reveals that ETH has rebounded in recent days, rising from $3,800 in September to over $4,500. It broke through the key resistance level at $4,106, the highest point reached in December of last year.

The coin has now formed a bullish flag pattern, which resembles a hoisted flag. It includes a vertical rally followed by a descending channel that forms the flag portion.

The ETH price is now slightly below the upper boundary of the flag but remains above the strong pivot reversal indicated by the Murrey Math Lines tool.

Therefore, the coin will likely continue rising as bulls target the key resistance level at $5,000. A move above that level could signal further gains toward $5,625.



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October 4, 2025 0 comments
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HBAR/USD (TradingView)
NFT Gaming

HBAR Rallies on Institutional Interest, Faces Resistance at $0.23

by admin October 2, 2025



HBAR saw heightened institutional interest over the past 24 hours, trading between $0.22 and $0.23. The strongest move came early on Oct. 2, when the token surged from $0.22 to $0.23 on heavy volume of 57 million, establishing resistance at the upper level. Subsequent trading saw repeated tests of that barrier, with consolidation just below $0.23.

Late-session volatility erased gains, with a 1% drop in the final hour as selling pressure mounted and liquidity thinned. Analysts noted declining volume into the close as a sign of potential short-term weakness.

Longer-term sentiment remains more favorable. Hedera executives recently appeared on a panel with SWIFT, Citigroup, and Germany’s Bundesbank, underscoring institutional recognition of its technology. Wyoming’s Frontier Stablecoin pilot further demonstrates enterprise use cases.

Regulatory catalysts may also be on the horizon, with the SEC reviewing a potential spot HBAR ETF this month. Despite recent declines, analysts say Hedera’s mix of partnerships and ETF prospects could support further gains in October.

HBAR/USD (TradingView)

Technical Analysis Reveals Mixed Trading Signals
  • Established resistance at the $0.23 level continues to generate consistent selling pressure during periods of increased trading volume.
  • Support levels near $0.23 have demonstrated resilience through multiple testing phases during the consolidation period.
  • Elevated trading volume of 57.63 million shares during the early morning rally suggests institutional participation and renewed investor interest.
  • Absence of trading volume in the session’s final minutes raises concerns about market liquidity and potential momentum deterioration.
  • Overall trading range of $0.0068 representing 3% volatility indicates active price discovery and market efficiency.

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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October 2, 2025 0 comments
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XLM/USD (TradingView)
Crypto Trends

XLM Rallies 4% as Stellar Breaks Critical $0.40 Resistance Barrier

by admin October 2, 2025



Stellar’s XLM rose 4% in the past 24 hours, climbing from $0.39 to $0.40 with a brief push above $0.41. Trading volumes surged to more than double the daily average, establishing support at $0.40 and resistance near $0.41, signaling potential consolidation before the next move.

The rally followed Bitcoin.com Wallet’s integration of Stellar, giving millions of users access to its low-cost, fast payment network and DeFi tools. The news coincided with heightened volatility as XLM repeatedly tested the $0.41 level while holding key support.

Institutional demand is also fueling momentum, with traditional finance showing growing interest in blockchain-based payments. Strong volume during the breakout highlights rising market engagement as XLM pushes through psychological resistance zones.

Short-term action reinforced this trend: between 13:11 and 14:10 UTC on October 2, XLM briefly spiked to $0.41 on trading volumes nearly double the hourly average, underscoring robust bullish sentiment despite near-term resistance.

XLM/USD (TradingView)

Technical Metrics Indicate Persistent Strength
  • Rally developed through two separate phases featuring initial advancement to $0.40 followed by decisive breakout exceeding $0.41 during overnight sessions.
  • Outstanding trading volumes of 90.15 million and 61.23 million documented, substantially above 24-hour benchmark of 36.85 million.
  • Essential support formed at $0.40 with substantial volume backing while resistance materialized around $0.41.
  • Volume surges surpassed 1.4 million during 13:45 and 13:51 periods, exceeding hourly benchmark of 750,000.
  • Repeated resistance challenges near $0.41 with support stabilization around $0.40 threshold.
  • Robust upward trajectory preserved with balanced profit-taking patterns above essential $0.40 psychological barrier.

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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October 2, 2025 0 comments
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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 October 1, 2025



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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October 1, 2025 0 comments
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Gold Rallies an Hour After BTC Drops, Suggesting a Profit Rotation Into Metals
Crypto Trends

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

by admin September 22, 2025



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

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

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

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

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

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

Assets since federal reserve rate cut (TradingView)



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September 22, 2025 0 comments
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Bitcoin Cash Rallies to Nearly $650, Highest Level Since April 2024
Crypto Trends

Bitcoin Cash Rallies to Nearly $650, Highest Level Since April 2024

by admin September 18, 2025



Bitcoin’s (BTC) offshoot bitcoin cash BCH$643.22 has rallied 7% to $647 in the past 24 hours, revisiting valuations last seen in April 2024, according to data source CoinDesk.

The rally follows a period of extreme bearish market sentiment for the token, according to data tracking platform Santiment.

“Historically, prices move in the opposite direction of the crowd’s expectations. So, implementing a strategy of buying when the crowd is fearful and selling when the crowd gets greedy continues to work extremely well for most altcoins,” Santiment said on X, explaining BCH’s upswing.

The token’s rally aligns with the broader risk-on sentiment sparked by Wednesday’s Fed rate cut and market expectations for continued liquidity easing in the coming months. Several tokens, including DOT, SUI, JUP, and NEAR, have seen similar gains in the past 24 hours, while smaller coins like PENGU have led the charge with impressive double-digit increases.

Possibly greasing the Fed-led bullish market sentiment is the Securities and Exchange Commission’s (SEC) decision to approve generic listing standards for commodity and crypto ETFs without undergoing individual reviews for each product. This move is expected to speed up the introduction of new products tied to a variety of tokens in the coming months.

BCH’s daily chart shows a bullish breakout. (CoinDesk/TradingView)

BCH’s recent move builds on the bullish breakout confirmed two months ago. In July, its price surged above the upper boundary of a channel pattern formed by trendlines connecting highs from April and December 2024, and lows from August 2024 and April 2025.

This breakout from a prolonged period of consolidation suggests that selling pressure has been absorbed, clearing the way for further upside. The immediate resistance to watch is the 2024 high at $719, which could be the next key hurdle for BCH to surpass.



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September 18, 2025 0 comments
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In NFL debut, QB J.J. McCarthy rallies Vikings past Bears
Esports

In NFL debut, QB J.J. McCarthy rallies Vikings past Bears

by admin September 9, 2025


  • Kevin SeifertSep 9, 2025, 02:16 AM ET

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      Kevin Seifert is a staff writer who covers the Minnesota Vikings and the NFL at ESPN. Kevin has covered the NFL for over 20 years, joining ESPN in 2008. He was previously a beat reporter for the Minneapolis Star Tribune and Washington Times. He is a graduate of the University of Virginia.

CHICAGO — Everyone in the Minnesota Vikings locker room had their own favorite J.J. McCarthy moment of the night. And in the end, they all added up to a thrilling 27-24 victory over the Chicago Bears on Monday night.

Defensive tackle Javon Hargrave recalled McCarthy telling him that “he’s got us” as the team trudged off the field at halftime, trailing by four points after an anemic offensive showing. Coach Kevin O’Connell noted the “unbelievable look” in McCarthy’s eyes as the Vikings launched into a fourth-quarter comeback, with McCarthy accounting for three touchdowns.

After McCarthy had an interception returned for a touchdown early in the third quarter, right tackle Brian O’Neill listened intently as McCarthy — a 22-year-old quarterback making his NFL debut — spoke to players on the sideline.

“He believed that it was about to pop,” O’Neill said. “There’s a lot of times where you’re like, ‘Yeah, all right, cool. Let’s go, whatever.’ But the conviction in his voice and how he was walking up and down the sideline talking to everybody, little details about different plays, getting guys locked in in the huddle. It was really cool to see.”

And running back Aaron Jones Sr., whose 27-yard touchdown reception gave the Vikings their first lead with 9 minutes, 46 seconds left in the fourth quarter, recalled seven words McCarthy used once in the huddle: “Is there any place you’d rather be?”

McCarthy’s previous competitive football game was on Jan. 8, 2024, when he was playing for the college football national championship at the University of Michigan. In the ensuing 609 days, he was the No. 10 pick in the 2024 draft by the Vikings and then sat out his rookie season because of a torn meniscus in his right knee.

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The Vikings committed to him as their 2025 starter as they bid farewell to veterans Sam Darnold and Daniel Jones, both of whom finished 2024 on their roster, and passed on an opportunity to sign free agent Aaron Rodgers. Early Monday night, though, McCarthy looked like a quarterback who wasn’t ready to assume the mantle.

He managed only 48 passing yards in the first half, and the Vikings didn’t convert a third down until his 13-yard touchdown pass to receiver Justin Jefferson with 12:13 left in the game. That cut an 11-point deficit to a 17-12 score, and McCarthy went on to throw his scoring strike to Jones and score himself on a 14-yard run with 2:53 left.

In all, McCarthy completed 13 of 20 passes for 143 yards. In the process, he became the first quarterback in NFL history to account for three touchdowns in the fourth quarter of his NFL debut. He also joined Steve Young as the only quarterbacks in the past 45 years to overcome a double-digit deficit in the fourth quarter of their debut and win.

McCarthy grew up in La Grange Park, outside of Chicago, and said he largely blocked out the cheers and jeers Bears fans subjected him to. Instead, he leaned on his experience in the semifinals of the 2022 College Football Playoff — when he had two interceptions returned for touchdowns in a 51-45 loss to TCU.

“You never want to earn wisdom that way,” he said, “but it just brought me straight back to TCU when I had that first one early on in the game and then the second one later and at the end of the day. It sucks. It’s one of the worst things you could do as a quarterback, but you can’t do anything about it. You got to focus on the next play. The defense kept us in it the whole time, so it was just on our shoulders to go out there and execute and play as one and move on from that. That’s one of those things I don’t really hang on. And I was really grateful the way coach O’Connell handled it and was everyone on the same page.”

Jefferson said last week that McCarthy’s college career gave him confidence that, despite an uneven training camp, he would perform well when needed. McCarthy is now 64-3 in games that his team starts, dating to his sophomore year in high school.

“We knew he had that dog in him,” Jefferson said.

The Vikings have tried to build a support system around McCarthy to reduce the likelihood that he would have to carry the team late in a game. O’Connell leaned heavily on tailback Jordan Mason, who rushed for 54 yards in the second half, and the Vikings got strong play from their defense and special teams all game.

“But,” O’Connell said, “there’s no way to deny that we don’t win this game unless J.J. plays the way he did in the second half, and most importantly kept the belief of his football team behind him. And now we know it’s possible. So we hope to not be in these circumstances very often, but his team’s made of the right stuff.”



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September 9, 2025 0 comments
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Jamie Crawley
Crypto Trends

Memecoin Rallies on Solana Fund Momentum

by admin August 28, 2025



BONK, the Solana-based meme token, advanced 4% in the last 24 hours, reaching $0.0000218 before settling around $0.0000213.

The strongest push came at 19:00 UTC on Wednesday, when BONK jumped 1.9% from $0.0000211 to $0.0000215, propelled by a 574.8 billion-token volume spike. Sellers capped momentum at $0.0000215, yet support consistently re-emerged near $0.0000212, reinforcing the token’s resilience.

BONK traded within an 8% intraday range, reflecting persistent volatility, according to CoinDesk Research’s technical analysis data model.

Institutional confidence in Solana continues to grow. Galaxy Digital, Multicoin Capital, and Jump Crypto are spearheading a $1 billion Solana investment fund, supported by Cantor Fitzgerald’s infrastructure. The initiative exceeds existing Solana allocations by 150%, and could channel significant liquidity into Solana-native projects, with BONK among the ecosystem’s most actively traded tokens.

Separately, beverage company Safety Shot recently completed a $25 million BONK allocation to finance the majority of a $30 million raise. While the announcement came earlier this week, it remains a milestone for meme coin adoption in corporate treasury management. Together, these developments demonstrate how BONK is moving beyond its origins into institutional conversations about liquidity and diversification.

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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August 28, 2025 0 comments
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Chainlink's LINK Rallies 12% to New 2025 High Amid Token Buyback, Broader Crypto Rally
Crypto Trends

Chainlink's LINK Rallies 12% to New 2025 High Amid Token Buyback, Broader Crypto Rally

by admin August 22, 2025



Oracle network Chainlink's (LINK) native token sharply rebounded with the broader crypto market following Federal Reserve Chair Jerome Powell's dovish remarks in Jackson Hole, Wyoming.

LINK rallied 12% over the past 24 hours, hitting $27.8, its strongest price since December. Bitcoin (BTC) appreciated 3.5% during the same period, while the broad-market CoinDesk 20 index jumped 6.5%.

In protocol-specific news, Chainlink obtained two major security certifications this week: ISO 27001 and a SOC 2 Type 1 attestation, marking a first for a blockchain oracle platform. The audits, carried out by Deloitte, covered Chainlink’s price feeds, proof-of-reserve services and the Cross-Chain Interoperability Protocol (CCIP).

The oracle provider says the move strengthens trust in its data services and can bolster adoption among banks, asset issuers and decentralized finance protocols.

Further supporting the rally, the Chainlink Reserve, which periodically purchases LINK tokens on the open market using protocol revenues, bought 41,000 tokens on Thursday, worth roughly $1 million at that time. That brought total holdings to 150,778 tokens, around $4.1 million at current prices.

Technical analysis
  • Support Levels: Substantial defense established at $24.15 with high-volume confirmation, according to CoinDesk Research's technical analysis data.
  • Resistance Penetration: Systematic advancement through $25.00, $25.50, and $26.00 levels with volume validation from institutional participants.
  • Trading Volume Analysis: Exceptional 12.84 million volume surge during breakout phase, representing five times the 24-hour average of 2.44 million units.
  • Consolidation Patterns: Extended tight range consolidation around $24.70-$25.10 preceding explosive institutional-driven breakout.
  • Momentum Indicators: Sustained upward trajectory with measured advance characteristics and institutional accumulation signals from corporate treasury operations.

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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August 22, 2025 0 comments
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