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  • XRP on the edge: from 15% slump to supply shock — is a $12 breakout next?

    XRP on the edge: from 15% slump to supply shock — is a $12 breakout next?

    XRP on the edge

    • Recently, XRP dropped 15% as Bitcoin slipped just 1%, showing amplified volatility.
    • XRP ETF delays and $8.13M in liquidations deepened XRP’s monthly decline.
    • Analysts see XRP rebounding toward $5–$12 if ETF-driven supply shock hits.

    XRP price has become the focal point of heated debate after the token slid roughly 15% over the past month while the Bitcoin price barely moved.

    Market commentators and analysts are asking why XRP would suffer such a steep pullback when the broader market appeared comparatively steady.

    The answer, they say, lies in correlation dynamics, liquidations, regulatory lag and nascent institutional activity.

    The sharp divergence with Bitcoin

    In October, both Bitcoin and XRP rallied, with Bitcoin staying above the six-figure levels and XRP flirting with the $3 mark.

    Profit-taking followed quickly, and altcoins absorbed most of the pain.

    Traders who had piled into XRP were hit especially hard; one stretch of trading erased about $8.13 million of leveraged positions within four hours.

    That sequence amplified losses and sent XRP below the $2.50 support level it had failed to hold after the upswing.

    Charles Gasparino, a senior correspondent known for market coverage, spotlighted the paradox: Bitcoin fell only about 1% over the month, yet XRP plunged around 15%.

    The contrast underscores a structural reality where XRP has historically tracked Bitcoin’s moves but with greater intensity.

    When BTC stumbles or consolidates, that sensitivity can turn into outsized downside for XRP.

    XRP price and the ETF supply shock

    Beyond short-term mechanics, a longer-term narrative is reshaping investor expectations.

    Analyst Zach Rector has argued that the launch of multiple spot XRP exchange-traded funds and similar institutional vehicles could effectively remove a substantial portion of circulating supply from the market.

    According to Rector, that “supply shock,” Rector says, would create the conditions for a dramatic price re-rating, with conservative models pointing to targets ranging from $5 up to double-digit territory — even as high as $12 by December 2025.

    The regulatory backdrop also matters. Bitcoin and Ethereum have benefited from cleared paths to ETF adoption that flooded both markets with fresh capital.

    XRP, by contrast, still faces an unresolved approval picture for spot ETFs in many jurisdictions.

    That delay has likely depressed demand from risk-averse institutional buyers and made the token more sensitive to retail flows and sentiment shifts.

    At the same time, data points show growing institutional interest via derivatives: CME-listed XRP and Micro XRP futures have recorded substantial contract volumes over recent months, a sign that professional desks are increasingly engaging the token.

    XRP price analysis

    From a technical analysis standpoint, the $2.30 area acted as a concrete support during mid-month liquidations, and the bounce to around $2.50 suggests buyers remain interested at those prices.

    XRP price analysis
    Source: CoinMarketCap

    A sustained break above $3.40 would, in many analysts’ views, open a path toward $5.5, and if ETF-driven supply lockups occur, upside to substantially higher levels becomes plausible.

    On-chain signals constructively complicate the picture.

    The XRP Ledger is approaching a major transaction milestone, nearing 100 million recorded transfers.

    That activity signals ongoing utility and adoption within payments and DeFi niches where XRP has carved a role.

    Such resilience in on-chain throughput can buttress confidence even when price action looks shaky.

    Assessing the path forward means weighing an array of forces: correlation-driven volatility, liquidation dynamics, regulatory clarity, and institutional adoption through derivatives and potential ETFs.

    Short-term traders must manage the heightened risk that comes with XRP’s amplified moves.

    Long-term investors, on the other hand, should watch ETF developments and on-chain adoption as the main levers that could catalyse the next leg of momentum.

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  • JPMorgan Chase to start accepting Bitcoin, Ethereum as loan collateral: report

    JPMorgan Chase to start accepting Bitcoin, Ethereum as loan collateral: report

    JPMorgan Chase to start accepting Bitcoin, Ethereum as loan collateral

    • JPMorgan will let clients use Bitcoin (BTC) and Ethereum (ETH) as collateral for loans.
    • The move marks a major shift from Jamie Dimon’s past crypto criticism.
    • Other major banks are expanding crypto custody and lending services.

    JPMorgan Chase & Co. is reportedly preparing to let institutional clients use BTC and ETH as collateral for loans by the end of the year, as per a Bloomberg report.

    The move marks one of the most significant steps yet by a major US bank toward integrating digital assets into traditional finance, signalling how fast cryptocurrencies are moving from the periphery to the core of global banking.

    JPMorgan’s changing tune on crypto

    For years, JPMorgan CEO Jamie Dimon was one of the fiercest critics of Bitcoin, calling it a “decentralised Ponzi scheme” and claiming that only criminals used it.

    Dimon’s comments often shaped how Wall Street viewed the cryptocurrency market.

    But Dimon’s tone has softened in recent years, especially since Donald Trump’s 2024 election win, which brought regulatory changes that have made it easier for banks to engage with digital assets.

    Now, Dimon’s JPMorgan is taking a major step that would have seemed unthinkable just a few years ago.

    The bank’s new program will reportedly allow institutional clients to pledge their Bitcoin and Ethereum holdings as collateral for loans.

    The assets will be held by a third-party custodian, ensuring compliance with existing financial and regulatory standards.

    From doubt to action

    Speculation about JPMorgan’s crypto-collateral plans first emerged earlier this year when the Financial Times reported that the bank was exploring such a move, potentially by 2026.

    At the time, scepticism ran high. Dimon’s long record of dismissing Bitcoin, combined with banks’ cautious approach to regulatory uncertainty, made the plan seem remote.

    However, the landscape has changed rapidly in 2025. With Bitcoin trading above $111,000 and Ethereum nearing $4,000, the digital asset market has reached unprecedented maturity and capitalisation.

    Bitcoin’s market cap has surged to over $2.2 trillion, while Ethereum’s market cap has climbed to nearly $478 billion.

    The rise in these asset prices, combined with increased institutional demand, has made cryptocurrencies more appealing as loan collateral.

    JPMorgan’s initiative will expand on its earlier decision to accept crypto-linked exchange-traded funds (ETFs) as collateral.

    Other banks are also integrating crypto

    JPMorgan’s shift mirrors a broader transformation across the financial sector.

    Morgan Stanley plans to open cryptocurrency access to retail investors through its E*Trade platform in the first half of next year.

    State Street, BNY Mellon, and Fidelity are all expanding their digital asset custody services, while BlackRock recently introduced new mechanisms allowing investors to convert Bitcoin directly into ETF holdings.

    Even long-time sceptics like Standard Chartered have revised their stance, recognising the growing importance of cryptocurrencies in global finance.

    These moves indicate that digital assets are no longer being viewed as speculative outliers but as legitimate components of diversified financial systems.

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  • Bitcoin’s institutional surge widens trillion-dollar gap with altcoins

    Bitcoin’s institutional surge widens trillion-dollar gap with altcoins

    Bitcoin’s institutional surge widens trillion-dollar gap with altcoins

    • A trillion-dollar valuation gap now separates Bitcoin from other tokens.
    • Altcoin market capitalisation could be $800 billion higher, data shows.
    • A US-China trade selloff erased $380 billion from crypto markets.

    Bitcoin’s growing dominance in institutional portfolios has created a near-trillion-dollar gap between the world’s largest cryptocurrency and its altcoin peers, according to new data shared by 10x Research.

    The report attributes this widening divide to a structural shift in investor behaviour, particularly among retail traders in South Korea, who have redirected funds from altcoins to crypto-linked equities and exchange-listed vehicles that hold tokens.

    Retail shift weakens altcoin liquidity

    10x Research found that altcoin market capitalisation could be about $800 billion higher if retail investors—especially in South Korea—had not channelled their funds into crypto-related stocks and other equity markets.

    Altcoins, which typically rely on retail liquidity to sustain upward momentum, have failed to attract enough new capital in this cycle.

    Historically, South Korean traders have been a major force behind the altcoin boom.

    Local exchanges have seen altcoins account for more than 80% of total trading activity, a stark contrast to global platforms where Bitcoin and Ether dominate 50% or more of daily volume.

    But that pattern has shifted sharply this year, leading to a liquidity shortfall for smaller digital assets.

    South Korea’s trading activity declines

    From 5 November through 28 November 2024, the daily average trading volume on South Korean crypto exchanges stood at $9.4 billion, surpassing the $7 billion traded on the Kospi stock market during the same period, according to data from CCData and the Korea Exchange.

    However, since then, 10x Research noted a steep decline in crypto activity, suggesting that retail participation has cooled significantly.

    The report highlights that South Korea’s declining appetite for riskier altcoins has been instrumental in their recent underperformance.

    Retail investors who once drove speculative rallies in coins such as XRP, Cardano, and Solana have turned instead to listed blockchain firms and exchange-traded vehicles offering indirect crypto exposure.

    This shift has contributed to the overall weakness in altcoin prices.

    Market losses deepen amid trade tensions

    A recent selloff in the broader cryptocurrency market, triggered by escalating US-China trade tensions, exacerbated the situation.

    The correction wiped out about $380 billion from total market value, with roughly $131 billion concentrated in altcoins, according to 10x Research’s data.

    While Bitcoin and altcoins both suffered declines, smaller coins bore the brunt as investors sought safety in the more established and liquid assets.

    Bitcoin’s appeal as a hedge within the crypto ecosystem has strengthened, reinforcing its dominance during market stress.

    The selloff underscores a changing market structure where altcoins are increasingly viewed as speculative instruments, while Bitcoin’s perceived institutional legitimacy provides it with greater resilience during downturns.

    As capital concentrates around Bitcoin and select equities, the broader altcoin market faces challenges in regaining lost momentum.

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  • Succinct (PROVE) price eyes $1.74 peak amid volume spike

    Succinct (PROVE) price eyes $1.74 peak amid volume spike

    Succinct Token PROVE

    • Succinct price jumped 20% amid a 228% spike in daily volume.
    • PROVE outpaced most altcoins in the top 100 by market cap as bulls looked to break above $1.
    • The altcoin traded higher amid a zero-knowledge proofs milestone on Arbitrum.

    Succinct (PROVE) trends among cryptocurrency outperformers in the past 24 hours, with double-digit gains pushing the verifiable computation protocol’s native token to above $1.00.

    As Ethereum’s Layer 2 ecosystems push boundaries in scalability and security, PROVE’s latest momentum aligns with fresh investor confidence.

    Particularly, Succinct’s zero-knowledge proofs milestone on Arbitrum has coincided with the price surge.

    The PROVE token mirrors gains for SynFutures, Aster and World Liberty Financial. Ethereum is also up amid CPI anticipation.

    Succinct price tests $1 amid a 200% volume spike

    The Succinct token (PROVE) rose sharply on Friday to test the psychologically significant $1.00 threshold.

    Gains came as trading activity exploded, with PROVE climbing more than 20% from recent lows of $0.79 to highs of $1.02.

    The uptick positioned Succinct as a standout performer in the altcoin space, outpacing Ethereum and other top altcoins.

    Significantly, the upward pressure for the altcoin comes on the heels of a dramatic 228% spike in trading volume.

    Market data from CoinMarketCap indicated Succinct’s volume exceeded $146 million as PROVE hovered above $0.98 amid a slight retreat. 

    However, PROVE price has jumped by more than 137% since touching lows of $0.41 on October 11, 2025.

    Bulls could eye strengthening above $1 in the coming weeks, with the target on a new all-time high. 

    As PROVE hovers near $1, the combination of price appreciation and elevated volume suggests a breakout is likely.

    The token reached its all-time peak of $1.73 in August 2025. Downside action could rely on critical support around $0.75.

    Succinct Chart
    Succinct prove chart by CoinMarketCap

    Succinct hits key milestone

    The crypto market has shown lacklustre action these past few days. However, Succinct has jumped by more than 32% in the past week. 

    Amid this market outlook, Succinct has achieved a landmark advancement in its mission to democratize ZK proofs.

    The protocol recently announced the implementation of zero-knowledge proofs tailored for Arbitrum, Ethereum’s leading optimistic rollup.

    Through its SP1 zero-knowledge virtual machine, Succinct has verified real Arbitrum blocks while maintaining seamless compatibility with the Ethereum Virtual Machine and Stylus smart contracts.

    By enabling ZK proofs across all Arbitrum chains, including those built on the Orbit stack, Succinct unlocks new possibilities for modular DeFi, cross-chain bridges, and privacy-enhanced applications.

    For the Succinct ecosystem, it solidifies PROVE’s utility as the economic backbone for proof generation, staking, and governance. 

    In August, while disclosing a strategic partnership with Tandem, the Succinct team said the integration with Arbitrum could be key to PROVE revenue. 

    “Since Arbitrum chains account for ~50% of L2 TVS, our rollup market just doubled. If the SPN can monetize a fraction of that value, it will unlock hundreds of millions in revenue for our ecosystem,” they posted on X.

    While volatility remains inherent in crypto markets, the milestone and other developments affirm the Succinct’s edge against industry peers.

    Traders will watch the market closely for signals of upward momentum.

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  • Bitcoin climbs to $111K as a pardon for Binance’s ‘CZ’ fuels a broad crypto rally

    Bitcoin climbs to $111K as a pardon for Binance’s ‘CZ’ fuels a broad crypto rally

    Bitcoin climbs to $111K as a pardon for Binance's 'CZ' fuels a broad crypto rally

    • The crypto market is rallying, with Bitcoin climbing 2.7 percent to over $110,700.
    • The rally was fueled by a presidential pardon for the Binance founder “CZ.”
    • The pardon for Changpeng Zhao sent the price of BNB soaring by over 5 percent.

    The cryptocurrency market was firmly in rally mode on Thursday, with Bitcoin climbing back toward $111,000 in a powerful rebound that was fueled by sizable gains in the US stock market and a stunning presidential pardon for the founder of the crypto exchange Binance, Changpeng “CZ” Zhao.

    The broad-based rally marks another day of sharp, back-and-forth price action in a market that has been defined by extreme volatility in recent weeks.

    A presidential pardon sparks a relief rally

    The primary catalyst for the market’s improved tone was the unexpected news of President Trump’s pardon for the Binance founder.

    The move, which suggests a continuing friendly regulatory environment for the crypto industry in the US, had an immediate and powerful impact.

    The price of BNB, the native token of the Binance ecosystem, surged by more than 5 percent on the news.

    The positive sentiment spread across the broader crypto sector, with Bitcoin rising 2.7 percent over the past 24 hours to $110,700, and other major tokens like Ether, DOGE, and ADA all posting gains in the 2 to 3 percent range.

    Crypto-related stocks, which had suffered heavy losses in Wednesday’s sell-off, also bounced back strongly, with the Bitcoin miner Hut 8 climbing 7.3 percent after tumbling 17 percent in the previous session.

    A classic whipsaw pattern continues

    The powerful rebound comes just one day after a sharp decline that had pushed Bitcoin’s price below $107,000.

    That drop, in turn, had followed a steep rise on Tuesday that had seen the leading cryptocurrency climb as high as $114,000.

    This volatile, back-and-forth action is a classic whipsaw pattern, a market condition that often punishes traders who try to chase the trend.

    All eyes on a pivotal inflation report

    With the pardon now digested, the market’s focus is turning to the next major potential catalyst: the US government’s September Consumer Price Index (CPI) report, which is still set to be released on Friday morning despite the ongoing government shutdown.

    This will likely be the last piece of important economic data that the Federal Reserve will see before its crucial rate-setting meeting next week.

    The market is currently in full expectation of a 25-basis-point cut at that meeting, with another quarter-point reduction priced in for the final meeting of the year in December.

    The CPI report will be the final and most important test of that conviction.

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  • Crypto update: Bitcoin and Ethereum are stable as market’s focus shifts to US inflation data

    Crypto update: Bitcoin and Ethereum are stable as market’s focus shifts to US inflation data

    Crypto update: Bitcoin and Ethereum are stable as market's focus shifts to US inflation data

    • Crypto markets have entered a holding pattern, with Bitcoin near $108,164.
    • Traders are awaiting a key US inflation (CPI) report due out on Friday.
    • Hopes are rising for a de-escalation in the US-China trade war.

    Cryptocurrency markets have entered a midweek holding pattern, with prices for Bitcoin and other major digital assets remaining relatively flat as traders brace for a pivotal US inflation report and look for signs of a de-escalation in the US-China trade dispute.

    Bitcoin is trading around $108,164, up slightly from Monday but still down 2% for the week. Ether is changing hands near $3,815.

    The stabilization reflects what the analytics firm QCP Capital has described as a “narrow-range equilibrium,” a period of calm before a potential storm.

    A singular focus on the US inflation report

    The market’s primary focus is now firmly on Friday’s Consumer Price Index (CPI) report, the only major US economic data release not delayed by the ongoing government shutdown.

    In a recent note, QCP said the CPI is the “singular anchor” for policy expectations and broader risk sentiment.

    A softer-than-expected reading, the firm noted, could “re-anchor the soft-landing trade” and provide support for Bitcoin as expectations for looser monetary policy improve.

    Hopes are rising for a US-China détente

    Adding to the market’s complex picture are the shifting dynamics of the US-China trade war.

    Sentiment has improved after a weekend of whiplash, in which President Trump first threatened a massive new wave of tariffs only to later soften his stance, stating that “the USA wants to help China, not hurt it.” 

    This has led prediction markets to re-evaluate the risks. Traders on Polymarket now assign a 77% probability that a tariff agreement will be reached by November 10, while the odds of Trump’s threatened 100% tariffs taking effect have fallen to just 16 percent.

    A cleaner slate after a brutal liquidation flush

    This fragile calm comes just days after a brutal market-wide sell-off that saw nearly $20 billion in leveraged positions liquidated.

    That massive flush has reset the market, creating a cleaner slate for macro traders as they head into the crucial CPI event.

    The key question now is whether the “soft landing” narrative will be confirmed by Friday’s inflation data, or if the volatility that has defined the market in recent weeks will be reignited.

    What to watch in the markets

    For Bitcoin, analysts at Standard Chartered have noted that while sellers are limiting any immediate breakout potential, a dip below $100,000 could represent a “last chance to buy” before the next major leg higher.

    For Ethereum, the picture is more divided.

    A recent $650 million transfer by the Ethereum Foundation triggered a wave of profit-taking and liquidations, leaving analysts split between a potential breakout toward $5,000 and a possible slide toward $2,850 if the key support level at $3,470 fails to hold.

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  • Mantle (MNT) kicks off 5-month global hackathon with $150K in rewards

    Mantle (MNT) kicks off 5-month global hackathon with $150K in rewards

    Mantle (MNT) kicks off 5-month global hackathon with $150K in rewards

    • The event is open to everyone, from startup teams to solo creators.
    • The hackathon runs until February 7, 2026.
    • Winning participants will enjoy a $150,000 prize pool.

    Blockchain network Mantle has officially opened its first-ever global hackathon, inviting creators and developers to build innovative blockchain solutions in a five-month online competition.

    The event has started today, October 22, and will run until February 7 next year, and offers up to $150,000 in incentives to winning projects.

    The hackathon is open to all enthusiasts globally, with renowned developer ecosystems HackQuest and OpenBuild offering tools, exposure to new projects, and mentorship.

    The event offers builders an opportunity to create practical innovations, and not hype-driven trends.

    Building to solve real-world problems

    Mantle has highlighted what it expects from participants of its hackathon: relevant products that tackle real user issues.

    Meanwhile, the evaluation procedure will prioritize five primary pillars, including scalability, product design, technical execution, Mante integration, and market potential.

    The Mantle team emphasized that successful entries should focus on market utility and not flashy demos.

    Indeed, this hackathon is a platform for serious builders and not short-term speculators. They said:

    Build what lasts, not just what trends. Focus on execution, usability, and real-world relevance. Most importantly, solve what users need.

    Meanwhile, participants have adequate time to design and shape their innovative projects.

    Registration and building start this month, with the winner announcement scheduled for February.

    Creators have the time to plan, test, and polish ideas before presenting their projects to the broader cryptocurrency community and judges.

    For context, the hackathon boasts a diverse judging panel comprising renowned figures in the blockchain world.

    The comprehensive list includes 0x Todd, Trustless State, Notaciccap, and multiple others with experience spanning venture capital, DeFi innovation, and product development.

    The massive judging team adds credibility to the event.

    Moreover, their experience signals high expectations as the panel boasts expertise in evaluating projects with real-world impact and creative innovations.

    Mantle and Bybit prioritize real-world solutions

    The five-month hackathon coincides with Mantle’s current alliance with centralized exchange Bybit, aimed at merging liquidity providers, real-world assets, and developers.

    The duo seeks to democratize the trillion-dollar industry of on-chain finance.

    The initiative reflects Mantle’s mission to expand beyond a blockchain network and create an international developer community to accelerate financial innovation.

    MNT price outlook

    Mantle’s native token mirrored broader sentiments today.

    MNT lost nearly 10% of its value over the past 24 hours to $1.64.

    The faded daily trading volumes indicate trader disinterest in the tokens, as bears rattle the cryptocurrency landscape.

    The value of all digital tokens plunged by 5% the past 24 hours to $3.65 trillion due to factors like tariff tensions.

    Nevertheless, analysts remain confident, predicting massive rebounds in Q4 and into 2026.

    Meanwhile, the ongoing hackathon could boost MNT’s utility and volumes in the coming times, which could catalyze stable price performances.

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  • Crypto slump worsens as Bitcoin slips amid a broad market sell-off

    Crypto slump worsens as Bitcoin slips amid a broad market sell-off

    Crypto slump worsens as Bitcoin slips amid a broad market sell-off

    • The crypto market’s October slump has worsened, with a 3% drop.
    • Bitcoin slipped below $110,000 and Ethereum fell below $3,900.
    • The market has lost roughly $370 billion in value this month alone.

    The cryptocurrency market’s brutal October slump has worsened, with a fresh 3% drop sending Bitcoin below the key $110,000 level and dragging most major altcoins deep into the red.

    The broad-based drawdown is the latest chapter in one of the harshest months of the year for the digital asset space, as a potent combination of thinning institutional support, technical disruptions, and simmering macroeconomic tensions creates a powerful “risk-off” wave.

    The scale of the recent carnage is immense. The market has now erased roughly $370 billion in value this month alone, with as much as $19 billion in leveraged positions being liquidated.

    Futures open interest has also been decimated, with $65 billion wiped out, resetting market activity to the levels of early 2025.

    Institutional support thins as ETF outflows accelerate

    A key driver of the recent weakness has been a dramatic and worrying reversal in institutional sentiment.

    After months of powerful inflows, spot Bitcoin ETFs have become a source of intense selling pressure, posting a staggering $1.23 billion in weekly net outflows.

    This included a massive $366 million outflow on Friday alone, a move that removed a critical layer of buying support from an already fragile market.

    A perfect storm: an AWS outage and a SpaceX scare

    This fundamental weakness was compounded by a perfect storm of technical and psychological blows.

    A major outage at Amazon Web Services (AWS) disrupted access to a number of leading crypto venues, including the US giant Coinbase and several DeFi front-ends.

    The disruption widened spreads and accelerated forced liquidations, with over $240 million in long positions being wiped out in just 24 hours, a move that briefly pushed Bitcoin toward $107,500.

    Market nerves were frayed further after on-chain trackers flagged a large transfer of 2,395 BTC ($268 million) from a wallet associated with SpaceX.

    While analysts suggested the flows were likely internal custody reshuffles, the timing sparked a wave of “Is Musk selling?” headlines, adding another layer of fear to an already anxious market.

    What to watch next as the market hangs in the balance

    Technically, the market is now at a critical inflection point. Bitcoin is facing a thick layer of resistance between $112,000 and $115,500, with key support levels now sitting at $108,000 and $105,000.

    A decisive daily close back above the 50-day moving average (around $113,000) is needed to stabilize the market. Failure to do so keeps the psychological $100,000 zone firmly in play and raises the risk of a much deeper bearish phase.

    The near-term catalysts remain firmly in the macroeconomic arena, with the upcoming US CPI print and any fresh hints from the Federal Reserve on interest rates likely to be the next major market-moving events.

    For now, a battered and bruised crypto market is left to lick its wounds and wait for the storm to pass.

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  • Bitcoin holds steady as the market resets after a massive leverage flush

    Bitcoin holds steady as the market resets after a massive leverage flush

    Bitcoin holds steady as the market resets after a massive leverage flush

    • The crypto market is stabilizing after a sharp correction and a massive leverage flush.
    • Analysts see the move as a healthy reset, not a structural breakdown.
    • While speculators were purged, institutional money continues to accumulate.

    A fragile but significant calm has settled over the cryptocurrency market, as it begins the slow and painful process of healing from a brutal correction that has purged the speculative excess from the system.

    Bitcoin is holding steady, a quiet resilience that analysts believe is not a sign of weakness, but of a market that has undergone a healthy and necessary reset.

    As Asia begins its trading day, Bitcoin is hovering around $110,300 dollars, with Ethereum changing hands at $3,970.

    This newfound stability comes after a sharp and violent sell-off that had pushed Bitcoin as low as 104,000 dollars just last week.

    The great reset: A cleansing of speculative excess

    The key to understanding the market’s current state is to see the recent crash not as a catastrophic failure, but as a violent and necessary cleansing. In a recent market note, the analytics firm Glassnode described the move as a “flush, not a failure.” 

    The firm’s analysis shows that the speculative leverage that had been driving the market has been decisively unwound, futures open interest has fallen sharply, and traders have been realizing losses in a defensive normalization, not a full-blown capitulation.

    This view is echoed by other market observers who see a similar dynamic playing out in the world of capital formation.

    The market maker Enflux, in a note to CoinDesk, highlighted the news of Blockchain.com’s planned US SPAC listing as a “full-circle moment” for crypto exchanges, a sign that the industry is once again re-engaging with the public markets, but this time from a position of greater maturity.

    The quiet accumulators: The giants beneath the surface

    While the speculative layer of the market has been flushed out, a different and far more powerful story is unfolding beneath the surface.

    While retail traders were being liquidated, the institutional giants were quietly buying the dip.

    Enflux pointed to Tom Lee’s Bitmine allocating another $800 million to buy more ETH as an “infrastructure-scale commitment,” a clear and powerful sign that institutional money is not just staying, but is actively accumulating.

    This is the great divergence that now defines the market: the short-term speculators have been purged, while the long-term capital is quietly and methodically rebuilding the foundation.

    A new harmony in a chaotic world

    This reset is also reshaping the very narrative that governs the market. As Enflux noted, gold’s continued and stunning strength—surging to a new record of $4,380.89 an ounce—is no longer seen as a threat to Bitcoin, but as a complementary signal.

    It shows that in a world of deep macroeconomic and geopolitical uncertainty, digital assets now coexist with traditional hedges, a sign of a broader portfolio shift toward diversification, not abandonment.

    The market may be wounded, but it is also wiser, and a new, more resilient foundation is quietly being laid.

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  • Berachain rises as Greenlane launches $110M treasury strategy: can BERA extend the rally?

    Berachain rises as Greenlane launches $110M treasury strategy: can BERA extend the rally?

    Berachain BERA

    • Berachain price gained slightly amid news of a first BERA treasury strategy.
    • Greenlane Holdings bet not only fortifies its treasury playbook but may herald a wave of corporate adoption, boosting price.
    • The crypto industry is witnessing an explosion in digital asset treasuries.

    Berachain price rose as the broader crypto market signalled a slight bounce on Monday, October 20, 2025, with BERA’s 8% gain largely buoyed by the news that Nasdaq-listed Greenlane Holdings has raised $110 million with eyes on a BERA treasury strategy.

    With Berachain’s native token retesting the $2.15 mark amid this key institutional interest development, bulls are likely to target further upward moves. The altcoin gains alongside intraday outperformers like Bio Protocol and Helium.

    Greenlane eyes first BERA token treasury

    Digital asset treasuries, or DATs, are growing in traction as traditional finance companies increasingly embrace cryptocurrencies.

    Tokens such as Ethereum, Ripple’s XRP, Solana and BNB are all boasting major focused-treasury plays across Wall Street. In the small-cap tokens sector, Berachain is the latest to hit the news headlines.

    On Monday, Greenlane Holdings, a Florida-based distributor of premium smoking accessories and lifestyle products, announced its raising of $110 million via a private investment in public equity.

    Polychain Capital, Blockchain.com, Kraken, North Rock Digital, CitizenX back the initiative.

    Berachain Foundation also supports the company’s move as it targets the establishment of the “first and only” BERA digital asset strategy – so far.

    Greenlane has outlined that its BERA bet will be via “BeraStrategy,” an inaugural digital asset treasury initiative solely focused on accumulating BERA.

    BeraStrategy will execute its token acquisitions via open-market and over-the-counter trades.

    “I believe BERA’s key differentiation is its yield source – in contrast to historic PoS chains like Ethereum and Solana, BERA’s yield is fueled by the monetization of its block rewards. I think there’s untapped potential in Berachain’s institutional growth as a whole,” said Ben Isenberg, chief investment officer of BeraStrategy.

    What could this mean for Berachain price?

    As Greenlane’s BeraStrategy takes shape, market observers are scrutinizing its ripple effects on BERA’s valuation trajectory.

    The move across the industry, with tokens like ETH, BNB, XRP and SOL in focus, has helped buoy the upbeat sentiment around these altcoins.

    Such an influx of capital and subsequent accumulation will undoubtedly catapult Greenlane to the top public BERA holders list.

    DATs are seen as a major adoption angle for cryptocurrencies and analysts see ongoing accumulation as a potential catalyst for the next bullish phase for certain coins.

    Committing $110 million to BERA purchases is a statement and buying these OTC and open markets could add to an upward price momentum.

    Broader crypto market sentiment and a successful rollout are two factors bulls will consider in the short term.

    In terms of price targets, the $2-4 range provides the first resistance zone, while further gains could bring $8-10 into view.

    BERA price reached an all-time high of $14.99 in February 2025. On the flipside, key support areas lie in the $1.6-$1.2 area.

    The all-time low is $0.87- reached on October 11, 2025.

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