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  • Uptober ignites: why $200k is within reach after Bitcoin breaches $120K

    Uptober ignites: why $200k is within reach after Bitcoin breaches $120K

    why $200k is within reach after Bitcoin breached $120K

    • Bitcoin nears record $124K after strong September and Uptober surge.
    • Institutional ETF inflows and corporate buys fuel bullish momentum.
    • Analysts project $160K–$200K if demand growth continues in Q4.

    Bitcoin (BTC) has stormed into the final quarter of 2025 with the kind of momentum that traders had hoped for, breaking through the $120,000 barrier and reigniting talk of fresh all-time highs.

    The rally comes on the heels of a surprisingly strong September and is already being described as the early stages of what could be a historic “Uptober.”

    With BTC now hovering just a few percentage points below its record high of $124,128 set in August, analysts and on-chain observers say the conditions are aligning for a drive toward $200,000 before year’s end.

    Seasonal surge takes hold

    September closed above $114,000, up about 5% for the month, bucking the usual trend of weakness and building a foundation for October’s breakout.

    Historically, whenever September has ended in the green, the fourth quarter has delivered outsized gains, with years like 2015, 2016, 2023, and 2024 producing average rallies above 50%.

    That pattern, coupled with October’s average gain of 21.8% and November’s 10.8%, has cemented “Uptober” as more than a slogan for crypto traders.

    Already this month, Bitcoin has climbed nearly 10% in a week, extending a year-to-date gain of about 27%.

    The proximity to its all-time high adds to the sense of inevitability that new records are within reach if demand continues to hold.

    Institutions are driving BTC demand

    Behind the price action, institutional activity is setting the tone.

    US spot Bitcoin ETFs have pulled in billions in inflows since early September, including more than $600 million for two consecutive days and $2.25 billion over the past week.

    Bitcoin ETFs inflows
    Source: Coinglass

    BlackRock’s IBIT ETF has emerged as the centre of this demand, with its options open interest topping $38 billion and even surpassing Deribit, traditionally the largest derivatives venue.

    Corporations are also reinforcing the bullish trend. Strategy, formerly MicroStrategy, now controls 3.2% of Bitcoin’s total supply after adding more than 11,000 coins in recent weeks.

    The steady accumulation reduces exchange supply and signals confidence from long-term holders.

    This kind of sustained buying creates an upward pressure that is difficult for the market to ignore.

    Bitcoin technical breakout confirms the momentum

    The technical picture is equally supportive. Bitcoin has decisively broken above $119,500, a resistance level that capped prices through late September.

    Indicators such as the MACD and RSI are flashing bullish signals, while the price continues to trade above short-term moving averages.

    Bitcoin price analysis
    Source: CoinMarketCap

    Eyes are on $124,600 as the next test, with Fibonacci extensions pointing toward $128,000–$130,000 as near-term targets.

    However, the bigger story is what lies beyond. JPMorgan’s latest analysis compares Bitcoin with gold and suggests a theoretical fair value of $165,000 if adoption trends converge.

    Citi has also issued a 12-month target of $181,000, and Standard Chartered has gone even further, projecting that institutional flows could push Bitcoin to $200,000 by year-end.

    CryptoQuant’s bull score index hovers around 40–50, the same levels seen before major breakouts in 2020 and 2024, and the firm believes Bitcoin could reach between $160,000 and $200,000 this quarter if demand persists.

    The US government’s shutdown has also shaken confidence in traditional markets, pushing investors toward hard assets like Bitcoin and gold.

    $200k within sight

    The mix of seasonal strength, institutional inflows, technical momentum, and macro uncertainty is creating conditions unlike any Bitcoin has faced before.

    With the asset just shy of its all-time high and liquidity pouring in, analysts argue that $200,000 is no longer a bold outlier but a realistic scenario if buying pressure continues through the quarter.

    For now, the key question is whether Bitcoin can sustain closes above $120,000 and break decisively past $124,000.

    If it does, “Uptober” may prove to be the spark that propels the world’s largest cryptocurrency into its most explosive rally yet.

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  • FLOKI eyes 70% rally as first ETP goes live in Europe

    FLOKI eyes 70% rally as first ETP goes live in Europe

    • Floki price is up 2% after giving up some gains following a surge to above $0.000089.
    • This came as Valour Floki ETP goes live in Europe
    • FLOKI’s current price of $0.000086 but bulls could eye $0.00015 or higher amid a bullish Q4.

    Floki (FLOKI) rose slightly on Friday, hitting intraday highs of $0.000088.

    The gains came as the broader crypto market cheered its latest uptick, with Floki up as the cryptocurrency project hit a major milestone with the trading launch of its first exchange-traded product (ETP) in Europe.

    With the move likely to bolster FLOKI’s adoption as crypto builds momentum into a historically bullish Q4 cycle, bulls could ride overall sentiment to eye gains to $0.00015 – levels last seen in July.

    Valour launches first Floki ETP in Europe

    Valour, a subsidiary of DeFi Technologies, introduced the Valour Floki (FLOKI) SEK ETP in September.

    The ETP is now live on Sweden’s Spotlight Stock Market, a platform with multiple digital asset ETPs listed.

    Floki’s ETP begins trading in Europe just days after Valour announced the listing of several crypto ETPs on the Spotlight exchange.

    These included exchange-traded products for Pepe, Flare, Virtuals Protocol, Optimism, Story (IP), Immutable and Quant.

    Apart from Floki, the firm also launched a crypto-product on The Graph, Theta, IOTA, and Hyperliquid.

    According to details the launch of Valour’s Floki ETP marks a milestone for the BNB Chain-based project.

    In particular, Floki is now the first BNB Chain project, aside from BNB, to secure such an ETP listing in Europe.

    Valour’s crypto product on the memecoin goes live a couple of months after Floki became the first Markets in Crypto Asset compliant token in Europe.

    It followed the project’s launch of a MiCA-compliant white paper with the European Securities and Markets Authority (ESMA) in July.

    That, and this ETP, together point to Floki’s growing adoption.

    A similar trend is anticipated after the flagship metaverse game Valhalla went live.

    Floki price outlook: bulls eye a 70% bounce

    As Bitcoin pumped to above $120,000 and top altcoins tracked the uptick, Floki jumped to highs of $0.000089.

    While not a major breakout as happened with tokens like Zcash, PancakeSwap and Ether.fi, the gains signaled a potential upward flip for the memecoin.

    FLOKI’s current price of $0.000086 is near this level, with 24-hour uptick of 2% and 9% in the past week.

    However, bulls are down 5% over the past month after the downside action that hit cryptocurrencies in September.

    The technical outlook nonetheless suggests a potential accumulation zone near current levels.

    Floki price chart by TradingView

    Although the Relative Strength Index (RSI) at 45 suggests indecisiveness, the Moving Average Convergence Divergence (MACD) is signaling a potential bullish crossover.

    If this strengthens, a flip in the daily RSI could align with a possible reversal.

    Price targets on the upside include the key levels of $0.00011 and $0.00015.

    This could mean an initial 70% rally in coming months, mainly buoyed by overall market conditions.

    Notably, a successful break above $0.00015 could confirm a sustained upward trend and bring $0.00025 into play.

    The key short-term support level will be around $0.000063.

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  • Bitcoin hits a 6-week high above $120,000, defying a government shutdown

    Bitcoin hits a 6-week high above $120,000, defying a government shutdown

    Bitcoin hits a 6-week high above $120,000, defying a government shutdown

    • Bitcoin has broken above the key $120,000 level for the first time since August.
    • The rally is fueled by renewed optimism about macroeconomic tailwinds.
    • BTC futures open interest has hit a record high of $32.6 billion.

    The bulls are back in charge. Bitcoin has shattered the critical $120,000 resistance level, surging to a height not seen since mid-August as a powerful wave of optimism sweeps through the market.

    The breakout, which follows a steady five-day climb, signals that traders are decisively positioning for a bullish final quarter of the year, undeterred by the political chaos unfolding in Washington.

    This is a rally built on both renewed macroeconomic hope and a powerful internal market dynamic.

    In the derivatives market, the conviction is palpable, with open interest in BTC futures soaring to a new record high of $32.6 billion, a clear sign that traders are placing big bets on further upside.

    A short squeeze in the making?

    Beneath the surface of this bullish momentum, a potentially explosive setup is taking shape.

    On-chain analyst Skew has noted that even as open interest soars, a significant number of short positions are also piling up.

    This creates the perfect conditions for a “short squeeze,” a violent upward price move that is triggered when a rising price forces a cascade of short-sellers to buy back their positions, adding even more fuel to the rally’s fire.

    The shutdown factor: a crisis becomes a catalyst

    Ironically, the political crisis in the United States may be a key catalyst for the market’s renewed optimism.

    The ongoing government shutdown has injected a dose of profound uncertainty into the economic picture, a chaos that traders seem to believe will ultimately benefit risk assets like Bitcoin.

    Treasury Secretary Scott Bessent warned on Thursday that the shutdown could have a real and damaging impact.

    “We could see a hit to the GDP, a hit to growth and a hit to working America,” he told CNBC.

    This economic weakness, coupled with the fact that the Federal Reserve will be deprived of a fresh jobs report, makes an interest rate cut at the end of this month all but a certainty.

    The flip from skeptic to believer

    The sheer strength of the recent advance has been enough to turn even the skeptics into believers.

    Paul Howard, a senior director at the crypto trading firm Wincent, admitted he had been skeptical about a rebound earlier in the week, but the market’s relentless climb has changed his mind.

    “With $BTC trading back at levels last seen in mid-July, the total market cap is once again above $4 trillion,” he noted.

    We have seen a slow grind higher breaking above $115,000, indicating we are now more likely to stay above this level, with a CME gap to lock in the floor at $110,000.

    His conclusion is now as bullish as the market’s momentum. “I believe we are now set to see a sustained rally above $120,000 in the coming weeks,” he added.

    The quiet days of late September are over, and the battle for the next leg higher has begun.

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  • Dash price soars 35% to $38 as privacy coins rally; analysts eye breakout toward $60

    Dash price soars 35% to $38 as privacy coins rally; analysts eye breakout toward $60

    Dash Price Soars

    • Dash price jumped 35% to above $38, trending near the key resistance zone at $40.
    • Analysts say breakout is possible but key support remains $26 area.
    • DASH gained as privacy coins Zcash and Monero rose to lead the market gainers.

    Dash (DASH) price has surged 35% in the past 24 hours as top privacy coins rally.

    The Dash token’s value topped $38 as of early Thursday, riding overall gains that have seen Zcash lead privacy coins amid a spike to above $150.

    Dash joins the crypto party at a time when bulls are targeting the October uptick that could catapult alts to new highs.

    Dash price jumps 35% to near key level

    As noted, Dash which is currently trading at $36.69,rose as privacy coins showed gains.

    The uptick for ZEC and Monero aided Dash’s impressive 35% leap today. A lot of the upside outlook is down a confluence of this, plus technical and broader macroeconomic catalysts.

    In particular, the reaction on Wall Street as the US government officially shut down and capital rotation into top cryptocurrencies looks to fuel DASH bulls.

    Privacy coin momentum: Dash mirrors ZEC, XMR gains

    The cryptocurrency landscape is currently trending bullish, and one sector witnessing a robust revival is that of privacy coins.

    While top coins see notable traction amid ETF and treasury asset moves, small caps like Dash are taking in inflows as concerns over data privacy and regulatory overreach continue.

    Monero (XMR) and Zcash (ZEC) are top coins in the privacy coins market. Support for ZEC by Grayscale with a Zcash Trust saw the token’s price skyrocket to highs last seen in April 2022.

    Monero, also notching privacy-related momentum, gained over 10%. Dash price is mirroring this as its adoption gains further traction.

    Market data reveals a 15-20% average uptick across the sector in the last month, with transaction volumes of privacy-focused tokens rising significantly year-over-year.

    Dash price chart by CoinMarketCap

    DASH price forecast: Is $60 next target?

    For Dash, the last 24 hours have seen trading volumes across exchanges jump over 385% to over $400 million.  This increase in volume signals potential upside continuation.

    Crypto traders and analysts at Alpha Crypto Signal shared the update below on the DASH price.

    “$DASH has exploded out of its long-standing horizontal channel after months of sideways consolidation,” they posted on X.”DASH had been trapped between 18–26 for almost half the year, building a strong base. The recent surge finally broke through the channel resistance with heavy volume, confirming a bullish breakout.”

    The analysts noted that the key level to watch is the $35-$40 zone, with a breakout above this threshold critical to bulls’ ambitions. Gains to $60 or higher could be next amid broader market movements.

    However, if profit-taking takes hold, the Dash price could dip to support around $26.

    “As long as price holds above the former resistance at 26, the breakout remains valid and buyers stay in control. Another strong showing from the privacy coin sector,” the analysts added.

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  • Bitcoin surges as US government shutdown ignites the market

    Bitcoin surges as US government shutdown ignites the market

    Bitcoin surges as US government shutdown ignites the market

    • Bitcoin has surged to its highest level in over two months, above $119,000.
    • The rally is a direct reaction to the US government shutting down operations.
    • The shutdown is expected to create a “positive liquidity impulse” for markets.

    The political paralysis in Washington has become the crypto market’s rocket fuel.

    Bitcoin has surged to its highest level in over two months, blasting past the $119,000 mark as the US government officially shut down its operations, a dramatic development that traders are betting will ultimately unleash a wave of new liquidity into the financial system.

    The leading cryptocurrency has jumped nearly 4 percent in the past 24 hours, with prices briefly touching $119,455 for the first time since mid-August.

    The rally was broad-based, with other major tokens like Ether, XRP, and Solana all rising between 4 and 7 percent.

    This is the market’s clear and unambiguous verdict on the chaos gripping the US capital.

    A bet on a blind Fed, a wager on new money

    The logic behind the rally is a bet on the second-order effects of the shutdown. With the government’s lights now off, the release of key economic data—most notably Friday’s all-important nonfarm payrolls report—will likely be delayed.

    This data blackout will effectively blind the Federal Reserve, making it far more likely to proceed with its planned interest rate cuts.

    “If ADP is a leading signal and the BLS print is delayed, the Fed is likely to deliver a 25 bp cut in October and pair it with guidance that keeps a second cut on the table by December,” said Matt Mena, a Crypto Research Strategist at 21Shares.

    This is the “positive liquidity impulse” that has the market so excited: an expansion of liquidity that makes it easier and cheaper to borrow money, a dynamic that encourages economic growth and, crucially, risk-taking in financial markets.

    For some, this shutdown surge is more than just a temporary trade; it is a sign of a fundamental shift in the market’s DNA.

    “The message is clear: with traditional data releases in flux and macro uncertainty running high, Bitcoin remains one of the few assets that thrives when the old playbook breaks down,” Mena noted.

    “Investors should be watching this moment closely – it could mark the next explosive leg higher in crypto markets.”

    The volatility trade: ‘options look cheap’

    This expectation of an “explosive” move is now being actively priced into the derivatives market.

    According to Greg Magadini, the Director of Derivatives at Amberdata, the long dry spell of low volatility may be about to end, and options are currently looking cheap.

    “After a long ‘dry spell’ for BTC volatility, the US government shutdown could finally be the catalyst to make BTC move a lot,” Magadini told CoinDesk.

    This, coupled with the steep contango in implied volatility term structure, makes options look cheap.

    That “steep contango” means the market is expecting future volatility to be significantly higher than it is today, making near-term options a relative bargain.

    Magadini highlighted the “long straddle”—a strategy that profits from a big price move in either direction—as a preferred way to play the impending volatility boom.

    “These catalysts could either cause BTC to rally (as a dollar hedge) or crash (if risk assets panic),” he said, explaining why a bet on pure volatility, rather than direction, is so appealing at this uncertain juncture. The quiet days, it seems, are over.

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  • Bitcoin’s rare September gains defy history: Data predicts a 50% Q4 rally to 170,000 dollars

    Bitcoin’s rare September gains defy history: Data predicts a 50% Q4 rally to 170,000 dollars

    Bitcoin’s rare September gains defy history: Data predicts a 50% Q4 rally to 170,000 dollars

    • Bitcoin is on track to close September with a rare positive gain of 4.5 percent.
    • Historically, a green September has preceded an average Q4 rally of over 50 percent.
    • If the pattern holds, Bitcoin could be eyeing the 170,000 dollar region by year-end.

    In a powerful and rare defiance of its own grim history, Bitcoin is on the verge of closing the books on a positive September.

    This is no small feat. The month has long been the cruelest on the crypto calendar, a consistent sea of red that has earned it the ominous nickname “Red September.”

    But this year, a 4.5 percent gain has flipped the script, and in doing so, it may have just lit the fuse for an explosive rally into the final quarter of the year.

    A prophecy written in the charts

    History doesn’t repeat, but it often rhymes. And in the world of Bitcoin, the rhyme of a green September is a powerful and bullish prophecy.

    According to historical data, on the rare occasions that Bitcoin has managed to close September in positive territory—in 2015, 2016, 2023, and 2024—the final quarter of the year has produced spectacular results, with average returns soaring to more than 53 percent.

    In those instances, the fourth quarter returns have ranged from a powerful 45 percent to a stunning 66 percent.

    If that historical pattern were to play out again this year, Bitcoin could be eyeing the 170,000 dollar region before the calendar flips to 2026.

    The data shows that October typically acts as the launchpad for these powerful moves, with an average gain of 21.8 percent, while November continues the ascent.

    This seasonal effect has been particularly profitable in the years following a Bitcoin halving, as a potent cocktail of capital inflows and bullish market positioning combine to push the asset into a fresh phase of price discovery.

    The view from the blockchain: a bullish tide is turning

    This bullish seasonal setup is not just a statistical anomaly; it is being actively confirmed by the deep undercurrents of the blockchain itself.

    Key on-chain metrics are now flashing green, signaling a fundamental and powerful shift in market momentum.

    The Spot Taker Cumulative Volume Delta (CVD), a crucial indicator that tracks the difference between market buy and market sell volumes, has flipped positive on a 90-day basis for the first time since mid-July.

    This is a clear and direct signal that a “Taker Buy Dominant Phase” is underway, a period where buying pressure is now decisively outweighing selling activity.

    At the same time, the Coinbase premium index has been highlighting consistent and aggressive accumulation by US investors throughout the third quarter.

    The powerful alignment of these two key on-chain metrics reinforces the view that a new wave of buying momentum is not just coming—it’s already here.

    The stage is set, the signals are aligning, and the final quarter of the year could once again prove to be a decisive and explosive one for the world’s leading digital asset.

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  • Bitcoin surges to $112K as Strategy adds 196 BTC, analysts eye $120K potential

    Bitcoin surges to $112K as Strategy adds 196 BTC, analysts eye $120K potential

    Bitcoin BTC

    • Bitcoin hits $112k, fueled by institutional buying.
    • Strategy added 196 BTC, increasing its holdings to 640,031 BTC.
    • Analysts see potential for $120,000 but warn of volatility risks.

    Bitcoin (BTC) has surged to $112k, fueled by renewed institutional interest and a significant acquisition by Strategy, the world’s largest corporate Bitcoin holder.

    Strategy acquires 196 BTC, holdings hit 640,031

    Strategy, formerly MicroStrategy, has announced the acquisition of 196 Bitcoin for an undisclosed amount, bringing its total holdings to 640,031 BTC, according to a Form 8-K filing.

    The purchase, funded through the company’s ATM offering programs, outlines Strategy’s position as the leading corporate Bitcoin treasury, with holdings valued at approximately $71.7 billion based on current market prices.

    The acquisition follows a pattern of consistent buying, with Strategy adding 850 BTC on September 22, 2025, and 525 BTC on September 15, 2025, at an average price of $114,562 per BTC.

    Michael Saylor, the Executive Chairman, has a strategy of leveraging equity and debt financing to accumulate BTC which has solidified the company’s role as a Bitcoin-backed treasury model.

    This latest purchase concurs with Bitcoin’s price climbing to $112,500, reflecting a 2.9% increase from $109,525.50 three days prior.

    Analysts on BTC price outlook

    Analysts are cautiously optimistic about Bitcoin’s price trajectory following its climb to $112,000.

    The surge aligns with the Strategy’s aggressive accumulation and broader market momentum, but opinions vary on future movements.

    Analysts have projected BTC could reach $150k-$200k in 2025, and institutional adoption and macroeconomic factors are seen as key tailwinds. However, some say volatility means bears may not be done yet.

    QCP analysts shared their outlook

    “After a volatile September, $BTC is still up more than 3% on the month. Options markets show conviction slowly returning, but the 115k level remains the hurdle to clear for a renewed uptrend.”

    Bitcoin at ‘Buy’ for dip level?

    According to QCP analysts, the crypto market is showing “signs of recovery” following the carnage seen the previous week. The shakeout that saw BTC trade to under $109k may nonetheless offer a buy-the-dip opportunity.

    “Despite sizable ETF outflows, particularly on Friday, spot managed to hold sideways through the weekend. This points to quarter-end basis unwinds as a key driver of redemptions, with markets absorbing the selling pressure more smoothly than expected,” QCP wrote. “With spot rebounding, this week’s ETF flows could set the tone for institutional demand heading into a seasonally bullish month.”

    Strategy’s consistent buying is seen as a bullish signal, with potential U.S. policies on digital assets influencing long-term price stability.

    If bulls rally, Bitcoin’s ability to break past $117k will be crucial. The level marks a sizable supply wall area and will b pivotal for a breakout above $118k and retest of the $120k mark.

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  • Horizen (ZEN) gains 12% to break above $7

    Horizen (ZEN) gains 12% to break above $7

    • Horizen price is up 12% in 24 hours as bulls break above $7 again.
    • ZEN’s price surge today reflects its strategic advancements and growing relevance in privacy-focused DeFi.
    • While the outlook is cautiously optimistic, investors should remain vigilant of market volatility and regulatory developments.

    Horizen (ZEN) has seen a notable price increase today, with double-digit gains allowing buyers to bounce to a key level.

    Attention from investors continues to drive a bullish outlook amid a surge that comes as privacy-focused decentralized finance solutions gain traction.

    Why is Horizen’s price up today?

    Horizen’s ZEN token traded near $7.08 at the time of writing, up about 12% over the past 24 hours amid gains for Zcash and other altcoins.

    Gains mirror the broader crypto market uptick on Monday after Bitcoin bounced off lows below $110k seen last week.

    As risk assets ticked higher, BTC’s move to above $112k allowed coins such as Horizen to rebound. ZEN mirrored gains for Zcash price.

    For ZEN, privacy coins’ resurgence and network developments are key catalysts.

    The recent launch of ZENDEX, a privacy-first decentralized exchange (DEX) built on Horizen’s blockchain, has bolstered investor confidence, contributing to the latest price increase.

    ZENDEX which introduces new use cases for Horizen’s privacy technology, has positioned Horizen as a competitive player in the DeFi space.

    Positive community sentiment following Horizen’s migration to Base also persists, with ZEC’s rally likely to mark a similar trajectory for ZEN.

    What next for Horizen’s price?

    Analysts are optimistic about ZEN’s potential, driven by its unique protocol architecture.

    By enabling privacy and blockchain interoperability access to users, the platform has attracted notable interest.

    Network metrics such as active addresses and user count have swelled as has price amid hype around Horizen 2.0.

    ZENDEX gives Horizen an industry-leading advantage in the blockchain space.

    “ZENDEX will leverage Horizen (ZEN) technology to deliver performance and privacy levels that position it as a top DEX tech product available today,” the platform posted on X.

    Key aspects include Cross-Chain Transfer Protocol for private and trustless asset transfers and zero-knowledge-secured bridges to Ethereum and Polygon for deep liquidity access.

    High throughput with sub-second finality puts ZENDEX at DeFi’s forefront, boosting Horizen and ZEN.

    While broader market dynamics and regulatory scrutiny in the privacy coin sector remain a challenge, the prevailing outlook for ZEN is bullish.

    Technical indicators, such as the MACD show a positive momentum amid a potential bullish crossover.

    The daily RSI is also upslopping as it recovers from the oversold territory to suggest directional bias for bulls.

    With Thrive Horizen-funded projects on the roll, adoption may aid ZEN price.

     

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  • LINEA price spikes 14% as SWIFT picks Linea for pilot

    LINEA price spikes 14% as SWIFT picks Linea for pilot

    • Linea token LINEA has jumped by over 14% to reach highs of $0.029 amid major SWIFT news.
    • Reports say SWIFT and bank partners including PNB Paribas and BNY are set to test blockchain messaging system.
    • SWIFT has selected Linea for the pilot.

    LINEA, the native token of the Ethereum Layer 2 network Linea, has surged by 14% in the past 24 hours, with a sharp spike coming on the back of a major SWIFT announcement.

    The token reached intraday highs of $0.029 as news emerged that the interbank messaging platform has selected Linea for testing its system on the blockchain. Gains saw LINEA outpace many altcoins that struggled amid broader crypto price turmoil.

    SWIFT to test messaging system on Linea blockchain

    SWIFT, the Society for Worldwide Interbank Financial Telecommunication, which facilitates secure messaging for over 11,000 financial institutions across more than 200 countries, is embarking on a transformative experiment.

    According to exclusive insights from The Big Whale, SWIFT has partnered with Consensys-developed Linea, an Ethereum Layer 2 solution, to explore migrating its core messaging system onto the blockchain.

    Gregory Raymond, co-founder of The Big Whale, shared the news on X.

    The collaboration will also involve global banking giants, with over 10 banks including BNP Paribas and BNY.

    SWIFT is also set to team up with over a dozen institutions on the project, said The Big Whale, with many of these already engaged in the initiative’s proof-of-concept phase.

    According to a well-placed source, the project, though still in development, could herald a significant technological overhaul of the international interbank payments industry.

    Why the layer 2 blockchain Linea?

    Linea’s appeal lies in its emphasis on privacy, enabled by advanced cryptographic proofs.

    The banks see this as aligning with the regulatory and security demands of the banking sector.

    Linea offers an enterprise-grade infrastructure platform for global finance.

    Per details on its website, the network already supports financial institutions like Mastercard, Visa and JP Morgan.

    The Consensys-backed platform is designed for blockchain solutions, including tokenization, trading, payments, and onchain settlement.

    It allows for integration with decentralized finance protocols, custodians, and real-world asset tokenization platforms.

    LINEA price spikes amid news

    SWIFT’s plans and The Big Whale’s report on the development triggered a notable market reaction from the LINEA community.

    LINEA price chart on CoinMarketCap

    As the token soared over 14%, the price increase was accompanied with a 6% increase in daily trading volume to $353 million.

    The gains saw Linea join the likes of Subsquid, Solv Protocol and Lombard in outpacing the top coins.

    Linea price reached its all-time high of $0.04657 on September 10, 2025.

    The uptick could, therefore, see bulls attempt to retest this level.

    Holders and stakeholders will closely monitor the progress of SWIFT’s pilot as it unfolds.

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  • Story (IP) price dumps 25% as profit taking intensifies

    Story (IP) price dumps 25% as profit taking intensifies

    Story Price Bearish

    • Story (IP) price fell sharply to hit lows of $7.13 on Friday, extending losses amid profit taking.
    • IP drops as selling pressure wipes out millions in positions across the market.
    • Analysts say Story’s strong traction as a real-world assets platform could help IP price bounce.

    Story (IP), the token of the Story Protocol, has experienced a sharp correction in the past 24 hours.

    Amid a more than 25% dip, the IP token has erased most of the gains seen as bulls pushed to a new all-time high early this week.

    The losses have come amid heightened selling pressure as profit taking across the market hits major coins.

    IP price nosedives amid profit taking

    Story is the intellectual property blockchain targeted for a AI-native infrastructure for the $80 trillion IP asset class.

    The protocol’s IP token, which powers the blockchain designed to tokenize and manage intellectual property assets ranging from AI models to creative works, plummeted 25% in the last 24 hours.

    Losses saw price plummet to lows of $7.13, extending the dramatic drop that has followed IP’s surge to the all-time high of $14.89.

    This means Story’s price has dropped more than 51% since its peak on Sept. 22.

    Enthusiasm over the Story Protocol’s innovative approach to programmable IP licensing and its integration with decentralized applications drove bulls to dominance.

    But with Bitcoin selling off and major altcoins following suit, IP has pared most of the upside.

    IP price chart by TradingView

    Per data from CoinMarket, trading volume has increased 41% to over $361 million in the past day to suggest a rush of sell orders.

    The nosedive has intensified the profit taking the IP-focused blockchain solutions platform could yet witness fresh downside pain.

    Currently, Story trades near $7.20, with bears shaving off about 30% of IP value in the past week.

    Story Protocol, while innovative in its RWA approach, faces many of the headwinds that impact most cryptocurrencies, including a broader downturn of risk assets.

    Why are analysts bullish on Story (IP)?

    Despite the turmoil, some observers point to underlying strengths. Story Protocol’s recent tokenization of high-profile IP demonstrates real-world utility.

    Key partnerships and integrations signal this strong traction and in institutional interest amid AI and blockchain adoption growth, add to this bullish perspective.

    This is so as RWA takes shape, and the platform’s focus on the multi-trillion-dollar IP market gives it an edge.

    “At its core, Story is the only blockchain purpose-built to make IP programmable, traceable, and monetizable in real-time, at global scale.

    Conventional blockchains can represent static ownership but cannot embed dynamic, programmable license terms,” the Story team noted following mainnet launch.

    Crypto analysts have also pointed to Grayscale’s launch of the Story Trust as a potential catalyst for IP. Hype are ETFs and institutional demand could be key.

    Holding above $6.00 and successful bounce to $10 will buoy IP bulls. However, a dip below this key demand reload zone could allow sellers to target the $3.20 area.

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