Category: NEWS

  • Fluid price jumps 50% after Upbit listing: bulls target $10

    Fluid price jumps 50% after Upbit listing: bulls target $10

    • Fluid price soared by more than 50% in 24 hours to hit highs of $9.33.
    • Technical strength and other catalysts may see bulls target a breakout above $10.
    • However, overbought conditions signal a potential pullback.

    Fluid (FLUID) price spiked by more than 50% in 24 hours as Upbit, South Korea’s top cryptocurrency exchange, added trading support for the DeFi protocol’s native token.

    The listing of the lending protocol’s token injected fresh momentum. It added to an upbeat sentiment that aligns with Fluid’s expansion to the Solana ecosystem.

    Upbit listing sends Fluid (FLUID) price up 50%

    Upbit is South Korea’s largest crypto exchange, and its move to list FLUID with trading pairs for Korean won, Bitcoin, and USDT triggered an immediate price rally.

    Upbit, dominant in South Korea, often sees significant spikes in trading volume for new assets, and Fluid did not buck the trend.

    The altcoin’s price jumped by more than 50% within hours, allowing bulls to retest bears’ resolve above the $9.00 mark.

    It’s the first time the lending protocol has climbed to these levels since February 2025.

    The altcoin traded around $8.20 at the time of writing.

    Per CoinMarketCap, an initial trading volume surge for FLUID recorded an impressive 1,600% spike to over $34.5 million.

    With South Korean traders, known for their aggressive buying strategies, flooding the buying zone, it’s no surprise liquidity is exploding.

    Some notable tokens to record price and volume surges on Upbit listing include RedStone, Flock, Omni Network, and Treehouse.

    Further price gains will extend Fluid’s gains as the community also cheers expansion to Solana. FLUID is live on Jupiter exchange, powered by Meteora.

    The uptick in price comes as the total value locked/price ratio for Fluid shows a remarkable increase of over 185%.

    What’s next for Fluid price? Bulls target breakout above $10

    Gains across the board align with a surge in bullish calls for FLUID, which has a score of 89% on CoinMarketCap. This outlook reflects on the technical front.

    The moving average convergence divergence indicator (MACD) signals a bullish crossover while the relative strength index hovers at 71.

    On the 3-hour chart, FLUID is showing signs of a strong breakout after an extended period of consolidation and downward pressure.

    The Bollinger Bands have widened sharply following a prolonged squeeze, a move that often points to heightened volatility ahead.

    Based on the height of the previous consolidation range, the breakout projects a potential upside target in the $8.50–$9.00 area, with initial resistance expected near $7.50.

    A confluence of these and other factors suggests further gains into the overbought territory.

    FLUID chart by TradingView

    Contingent on broader market sentiment, FLUID could break above $10 and target a 100% leg up towards $20.

    The all-time high of $29.36 reached in 2021 remains a big target for buyers.

    However, broader market weakness amid macroeconomic and regulatory headwinds might see bears seize on the opportunity.

    Otherwise, key support levels remain around $5.10 and $3.40.

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  • Crypto market news: BTC near $112K, ETH drops below $4,200 as fear grips traders

    Crypto market news: BTC near $112K, ETH drops below $4,200 as fear grips traders

    Crypto reels from “Red September” selloff as BTC, ETH, and SOL dip, but institutions hold firm, eyeing a Q4 recovery.

    • Bitcoin hovers above $112K, with bulls defending key support.
    • Ethereum drops 7% weekly as ETF outflows pressure sentiment.
    • Institutions stay invested, betting on a stronger Q4 recovery.

    Crypto markets are still reeling from a fierce “Red September” selloff that has sent jitters through traders and investors alike.

    There is a strong undercurrent of caution right now with investors watching the macro headlines, especially the Fed’s latest moves, and feeling heat from a resurgent US dollar and mounting regulatory uncertainties.

    The fear factor is high among retail traders, especially with meme coins back in panic territory, but interestingly, big institutions haven’t cleared out.

    That says a lot about the market’s long-term resilience.

    For all the volatility, veteran investors seem to believe this selloff could be paving the way for a healthier Q4, especially if some regulatory clarity and macro relief finally show up.

    Major crypto movers

    Bitcoin’s been tossed around all week, trying to hold firm just above the $112,000 mark.

    Despite all the drama, BTC’s daily change has been pretty muted, but it’s still down roughly 2% over the past seven days.

    The tension is palpable; there’s talk that a slip below $112,000 could trigger another rapid drop, but so far, bulls are digging in their heels.

    Ethereum is also fighting for higher ground, currently near $4,200.

    Its weekly loss is steeper than Bitcoin’s, about 7% and analysts see ETF outflows and seasonal September trading patterns in play.

    For Solana, it’s a similar story, with sellers driving the price toward $216, the coin shedding more than 2% in the latest session, and short-term holders running for cover.

    XRP has been a mild outlier, eking out some gains where most heavyweights reversed. It bounced up to around $2.86 and stayed resilient after threatening a breakdown below key support.

    DOGE, however, lost some of its shine, dropping just over 1% today as meme coin enthusiasm fizzled after the big liquidations.

    Even with all the noise, the big coins aren’t in catastrophic territory, but the road to recovery is littered with caution tape.

    Market update: News and broader trends

    This latest bout of selling is being blamed on a handful of big-picture trends.

    First and foremost, traders point to the Fed’s mixed messaging, a rate cut that should excite risk assets paradoxically made the US dollar even stronger, making it tougher for speculative bets on crypto to thrive.

    Huge liquidations have unfolded, with more than $1.65 billion in leveraged longs forced out of the market.

    Meme coins bore the brunt of the panic, but strong institutional flows suggest bigger players are sticking to their long game.

    Regulatory uncertainty is a running theme, debates in the US and Europe over tougher anti-money laundering rules and crypto tax policies have stoked investor anxiety.

    There are also worries over trade tensions and new tariffs added to US imports from India, Taiwan, and Canada, further muddying the waters and keeping risk appetite subdued.

    Yet there’s a strange sense of optimism simmering.

    Many believe the panic has set the stage for a more sustainable rally later in the year, especially if macro and regulatory conditions stabilize.

    Institutional adoption, fresh network upgrades, and the possibility of new Bitcoin-related policies, perhaps even news from President Trump’s upcoming speech, are keeping hope alive that the tide could turn before year-end.

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  • Aster price holds $1.7 as whales buy, perps volume hits $11B

    Aster price holds $1.7 as whales buy, perps volume hits $11B

    Aster Whales Buy

    • ASTER price is consolidating near $1.7 and is supported by a daily trading volume of $2.1 billion.
    • With resistance at an all-time high near $2 and support at $1.48, ASTER’s price is largely bullish.
    • Upcoming token unlock could introduce volatility.

    While several top coins are struggling with downside pressure, Aster’s native token is posting slight gains near $1.7.

    The token’s price was up 13% in the past 24 hours, and a staggering 1,980% in the past week at the time of writing, driven by robust trading activity that had daily perps DEX volume hitting $11 billion.

    ASTER’s growth as a platform in the decentralised finance (DeFi) space is key to bulls’ momentum.

    Perps volume hits $11 billion as ASTER holds $1.7

    ASTER’s price has held around $1.7 after retreating from its highs of $1.97 across major exchanges.

    The current price reflects a 13% surge in the last 24 hours, outpacing top coins after Monday’s bloodbath.

    The token remains well over 1,870% up since its all-time low of $0.084 on September 17, 2025.

    Price consolidation sees ASTER rank among the best performers on the day.

    Most notably, the decentralised exchange platform has recorded a staggering $11 billion in perps trading volume.

    Spot trading volume also spiked, increasing by over 8% to $2.1 billion.

    Multi-chain support and Aster’s Genesis Stage 2 rewards program, which allocates over 50% of tokens to community airdrops, has driven significant user engagement.

    Bybit’s $100k reward pool campaign also boosted participation, with deposits and spot trading rising.

    Meanwhile, Aster has benefitted from the endorsements of influential figures in the space, including Binance’s Changpeng Zhao.

    ASTER price and its potential for parabolic gains have seen a whale double down on the token with 7.14 million ASTER tokens worth over $10.5 million.

    The whale scooped the tokens via two wallets, Lookonchain noted.

    The whale deposited 4.5 million Tether (USDT) into the Aster exchange and withdrew 7.14 million.

    On-chain data showed the bull sat on an unrealised profit of $6 million.

    What’s next for the ASTER price?

    ASTER is testing resistance at $1.75, with upside potential toward $1.90 and the key $2.00 psychological mark.

    A breakout above this range could open the door to fresh highs, particularly if sentiment across the broader crypto market turns supportive.

    Near term, however, risks are building as profit taking coincides with an upcoming token unlock.

    With millions of ASTER tokens set to enter circulation, selling pressure—particularly from airdrop claimants—could weigh on price momentum.

    On the downside, $1.58 is emerging as the critical support level. A sustained break lower could see prices slip toward $1.48, where bulls may attempt to regroup.

    Despite these risks, consolidation around current levels remains possible.

    Should the market absorb selling and broader adoption of ASTER’s zero-knowledge proof–powered DEX infrastructure continue, a decisive break above $2 could mark the beginning of a stronger bullish leg.



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  • Is 0G price set for breakout to $10 amid $3.3 billion volume surge?

    Is 0G price set for breakout to $10 amid $3.3 billion volume surge?

    0g-token-skyrockets

    • 0G price holds above $5.8 with over 60% in 24-hour gains after its mainnet launch.
    • The listing on Binance helped the price pump to $7.31 and the daily volume 2,800% to over $3.3 billion.
    • 0G price is largely bullish despite potential profit-taking.

    0G, the decentralised AI-focused blockchain created by 0G Labs, surged on Monday following the launch of its mainnet and the rollout of its native token airdrop.

    The token’s debut on Binance fueled strong trading momentum, sending prices to intraday highs of $7.31.

    The sharp rally underscored the heightened investor appetite for projects at the intersection of artificial intelligence and blockchain technology, a theme that has been gaining traction across the digital asset market.

    Market watchers noted that the combination of a high-profile exchange listing and the ongoing wave of enthusiasm for AI-linked platforms helped propel 0G’s early performance.

    0G price holds above $5.8 amid $3.3 billion volume

    As per CoinMarketCap, daily trading activity for the crypto project shot up by over 2,800% to $3.3 billion.

    XRP tops the leaderboard in terms of 24-hour volume for top gainers among the 100 largest coins by market cap, with over $6.9 billion.

    However, 0G’s figure that exceeds $3.3 billion is the second highest.

    Avalanche and Aster, the other outperformers in the leading 100 coins by market, also have significant volumes amid buy pressure with $2.6 billion and $2.1 billion, respectively.

    0G price outlook? Is $10 next?

    Looking ahead, analysts project a largely bullish trajectory for 0G.

    Short-term forecasts suggest a potential consolidation between $5.10 and $7.5 before another leg up beyond the $10.00 mark.

    Bullish scenarios, including AI-blockchain adoption, will be key in both the short term and the longer term.

    Investors may want to check out advancements across Decentralized Physical Infrastructure Networks (DePIN) and overall crypto sentiment.

    Integrations with major AI frameworks or partnerships that include global giants like Alibaba, Nvidia and OpenAI are worth a serious focus.

    The same applies to collaborations with Mira, Pyth Network and oracle and DeFi platform RedStone.

    Regulatory clarity in the broader crypto market and price recovery for Bitcoin, other altcoins, could spark upside momentum for 0G.



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  • Crypto market calm after Monday’s crash: what’s going on?

    Crypto market calm after Monday’s crash: what’s going on?

    Crypto liquidation exceeds $1.5 billion as volatility deepens

    • Ether fell as much as 9% in a single session on Monday, wiping out $500 million in bets.
    • Bitcoin traded 0.8% lower, with nervous positioning seen in options.
    • $23 billion in Bitcoin and Ether contracts are due to expire on Friday.

    A sharp crash on Monday wiped more than $1.5 billion from leveraged cryptocurrency positions, underscoring how fragile digital asset markets remain.

    The sudden liquidation wave, one of the largest this year, unfolded without a clear catalyst and hit Ether especially hard.

    By Tuesday morning in Asia, the dust had begun to settle, but prices remained under pressure and traders were braced for more turbulence as a record options expiry approached.

    Monday’s crash triggers heavy liquidations

    On Monday, Ether led the declines with losses of up to 9%, sparking the unwinding of nearly $500 million in bullish bets.

    Bitcoin also retreated, falling sharply before stabilising with a smaller 0.8% decline.

    In total, more than $1.5 billion in leveraged positions were forced out across exchanges, making it one of the year’s biggest liquidation events after months of speculative rallies.

    Analysts said the drop showed how quickly leverage combined with thin liquidity can turn into widespread selling.

    Tuesday’s session shows nervous stability

    By Tuesday morning in Asia, the market was calmer, though sentiment remained cautious.

    Ether trimmed its losses to around 0.9%, while Bitcoin also traded 0.8% lower.

    Options activity pointed to traders positioning for further swings rather than stability, with significant bets placed on Bitcoin falling below $95,000 or rising above $140,000 before the month-end.

    The appetite for protection in both directions highlighted just how unsettled sentiment has become.

    Expiring contracts add to pressure

    Deribit data showed that roughly $23 billion of Bitcoin and Ether options contracts are due to expire on Friday, one of the largest expiries ever recorded.

    This event has amplified caution across the market, with traders expecting volatility to dominate in the near term.

    Short-term options have grown in popularity as investors look for cheaper exposure to sudden price moves, turning volatility itself into the trade.

    Meanwhile, crypto treasury firms that earlier drove demand by raising funds to buy tokens have slowed their purchases.

    With share prices falling, these companies have less capacity to raise capital, reducing support for prices and adding to downward pressure.

    Leverage and liquidity risks remain

    Data from Binance shows open interest in perpetual futures has surged over the past few months, with Ether seeing the strongest speculative activity.

    The structure has left the token more exposed to sharp reversals, acting as a higher-beta proxy for digital asset sentiment in periods of stress.

    Bitcoin, by contrast, has shown relatively steadier trading thanks to deeper liquidity and its growing role in institutional portfolios.

    Even so, analysts caution that the higher levels of leverage in the system compared to last year mean the risk of large swings remains.

    With the Federal Reserve cutting interest rates, some expect new inflows to offset selling pressure, but links between Bitcoin and equities suggest macro policy will continue to shape its path.

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  • NEAR price surges 9% as AI developments boost ecosystem

    NEAR price surges 9% as AI developments boost ecosystem

    • NEAR surged more than 9% as bulls rode the latest artificial intelligence-related sentiment.
    • The Nvidia and OpenAI partnership and $100 billion investment are a huge boost to ecosystem confidence.
    • Short term, NEAR price could target a 200% rally to above $8.20

    NEAR Protocol price has jumped 9% in the past 24 hours as artificial intelligence-related developments buoy investor sentiment.

    As tokens such as AI Companions exploded, NEAR’s price climbed by more than 9% to highs of $3.15.

    The surge reflected a sharp bounce from its intraday lows, with heightened enthusiasm amid AI-centric optimism. Gains see NEAR price buck the trend that had the crypto market reeling from a $1.7 billion wipe out amid sharp losses.

    Near Protocol price bounces amid major AI news

    The NEAR Protocol token experienced a robust 9% surge on September 23, 2025, rebounding from recent volatility and trading at $3.15 by midday, according to data from major exchanges.

    NEAR’s price uptick follows a period of consolidation, with the token dipping below $2.90 earlier in the week amid broader crypto market pressure.

    Also notable is the spike in trading volume, which was up by more than 25% to $370 million as investor confidence in NEAR rose.

    At the heart of this momentum is NEAR’s strategic positioning as “the blockchain for AI,” a narrative reinforced by recent ecosystem advancements.

    Just days prior, on September 16, NEAR announced a pivotal integration with the Allora Network, enhancing its Shade Agent infrastructure with predictive AI capabilities.

    This collaboration introduces four AI engineering competitions focused on price prediction challenges across major blockchains, including NEAR, Solana, Bitcoin, and Ethereum.

    By enabling autonomous bots to interact seamlessly with multiple chains while preserving data privacy, Shade Agents exemplify NEAR’s vision of serving as the “execution layer for the AI economy.”

    These developments have propelled the combined market capitalization of AI-related tokens to over $34 billion.

    Developers and capital are reflowing into top AI-related projects and NEAR’s scalable, sharded architecture gives it an upper hand.

    Nvidia’s $100 billion bet on OpenAI

    Compounding this excitement is the seismic announcement from industry giants OpenAI and Nvidia on September 22, 2025, which has sent ripples through the AI and crypto sectors.

    Nvidia revealed plans to invest up to $100 billion in OpenAI to deploy at least 10 gigawatts of AI data centers powered by millions of its GPUs, marking what executives described as the “biggest AI infrastructure deployment in history.”

    The first gigawatt is slated for rollout in late 2026 using Nvidia’s Vera Rubin platform, with the partnership aiming to accelerate OpenAI’s pursuit of superintelligent systems.

    OpenAI CEO Sam Altman highlighted its role in scaling compute for agentic AI and multimodal applications.

    Notably, OpenAI and NVIDIA’s landmark collaboration not only boosted Nvidia’s stock by nearly 4%, adding $170 billion to its market cap, but also amplified the AI supercycle.

    NEAR, riding the sentiment, is up 9% in the past 24 hours and now stands over 16% in the past week.

    Near price forecast

    With AI momentum ticking even higher, analysts project a bullish trajectory for crypto tokens within the ecosystem. Projects like Worldcoin, Bittensor and Render are recording significant network growth, and among these stands NEAR Protocol.

    NEAR price chart by TradingView

    Past bullish flips have seen most tokens at the intersection of AI and blockchain technology bursting into life.

    In 2025 and beyond, Near Protocol claims to be one of the top platforms. Fueled by its AI integrations, developer adoption, and macroeconomic tailwinds like the Federal Reserve’s recent rate cut, price has hovered at key levels.

    Short-term, network growth metrics and technical strength are key. The daily chart above suggests NEAR could successfully retest resistance at $3.50 and target highs of $4.00 and then $8.20 for a 200% rally.

    On the downside, support is likely around $2.30 and $1.89.

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  • Aave price slides 10% as bearish momentum sweeps crypto

    Aave price slides 10% as bearish momentum sweeps crypto

    Early PUMP investors dump 25.5B tokens, pocketing nearly $40M profit

    • Aave dropped 10% in the past 24 hours, signalling strong bearish control.
    • On-chain data shows increased net outflows and spiking intraday volume, indicating panic selling by traders.
    • The $265–$250 range is critical, with a potential further decline to $225 if support fails.

    Aave, a leading decentralized finance token, has seen its price drop to $250 as the cryptocurrency market experiences significant price swings.

    Increasing bearish momentum has driven significant selling pressure, with Bitcoin and Ethereum at key levels.

    Aave price slides to $250

    Aave’s price has dropped sharply to $250, breaking below the critical $270–$265 support zone in a decline that marks a significant retreat from its recent highs near $300.

    The token now trades well below its key exponential moving averages and is down 25% in the past 30 days.

    On-chain data reveals substantial outflows, with netflows showing $11.26 million in exchange movements.

    This kind of outlook signals panic-driven selling among traders.

    For AAVE, the immediate support range of $245–$250 is now critical, with a potential further slide to $229 if this level fails to hold.

    Despite the launch of Aave’s v4 upgrade, which introduced a cross-chain Hub-and-Spoke design, the token has struggled to maintain bullish momentum.

    Trading volume has increased 159% in the past 24 hours to $593 million. Although volume is up, the price decline reflects waning retail interest.

    Aave price drops as bearish momentum deepens

    The deepening bearish momentum in Aave’s price action reflects broader market challenges and technical breakdowns.

    The Relative Strength Index has fallen to 20.9, indicating heavily oversold conditions, though no immediate reversal has materialised.

    Aave’s market capitalisation has dropped to approximately $3.9 billion, reflecting its underperformance compared to other DeFi tokens.

    The crypto market has experienced setbacks, with reduced expectations for a Federal Reserve rate cut dampening demand for high-risk assets.

    Aave price chart by TradingView

    Large holders have reduced positions, with wallets holding 100,000 to 1 million AAVE cutting their stakes by 4.3%, as some analysts suggest that the oversold RSI could trigger a short-term relief rally.

    The failure to reclaim the $289–$292 range keeps the near-term outlook negative if selling pressure persists, as Aave risks testing the $2220 support level.

    AAVE bulls last saw these levels in early June 2025.

    Broader market outlook

    Bitcoin and Ethereum’s declines highlighted a sharp descent for most alts.

    Some of the top coins by market cap, like Solana, XRP and Dogecoin, shed recent gains.

    Aave’s decline to $250 and the mounting bearish momentum highlight the broader pressure on crypto and other risk assets following sharp gains in recent months.

    DeFi tokens, which surged alongside Ethereum’s run to record highs, are now facing renewed selling pressure in the current environment.

    Analysts are warning that September could see further downside, with expectations of deeper pullbacks if sentiment continues to sour.

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  • Dogecoin price crashes 11% as bears wipe $1.6B off the crypto market

    Dogecoin price crashes 11% as bears wipe $1.6B off the crypto market

    Dogecoin DOGE Symbol

    • Dogecoin’s price fell 11% to $0.23, with a trading range of $0.23–$0.26.
    • Despite an earlier accumulation of 4.9 billion DOGE by large holders in August, recent data shows a 6% reduction in holdings by wallets with 10 million to 100 million DOGE.
    • The launch of the first US Dogecoin ETF on September 12, 2025, failed to sustain bullish momentum.

    As the cryptocurrency market faced turbulence on Monday, Dogecoin (DOGE) experienced a sharp decline of over 11% in its price.

    This came as bearish sentiment drove a substantial sell-off, erasing over $1.7 billion in positions from the broader crypto market. Tokens such as Pi Network fell more than 20% in the past 24 hours.

    Dogecoin price crashes

    Dogecoin’s value dropped by 10%, dropping to $0.23. This decline followed a period of consolidation, with DOGE trading between $0.23 and $0.26.

    DOGE’s price drop aligns with broader market weakness and analyst caution.

    Despite holding around $0.23, the technical picture suggests bulls might have to defend levels below $0.20. Indeed, the $0.13 area and a potential 40% drop from current levels might be one to highlight.

    DOGE price chart by CoinMarketCap

     

    This bearish outlook is down to declining retail momentum.

    Despite earlier optimism surrounding the launch of the first US Dogecoin ETF and significant whale accumulation of 4.9 billion DOGE in August, the current sell-off has overshadowed these bullish catalysts.

    The Coin Days Destroyed indicator also signals potential further declines, as long-term holders have begun moving assets, a historically bearish sign.

    DOGE price outlook as bears wipe $1.7 billion off crypto market

    Bitcoin dropped to around $112k and the broader cryptocurrency market has not been spared.

    Per Coinglass data, bears wiped out $1.7 billion in value as major cryptocurrencies like Ethereum and XRP struggle to maintain key psychological levels.

    Dogecoin’s 11% drop within 24 hours to $0.23 contributed to the overall market downturn.

    The sell-off has been made worse by weakening sentiment. Dogecoin’s futures open interest has dropped significantly as holders reduce their positions.

    Data shows wallets holding 10 million to 100 million DOGE decreased their holdings by 6% in the past two months.

    Despite some analysts viewing the current dip as a buying opportunity, the prevailing bearish trend suggests further volatility.

    If bulls fail to bounce, Dogecoin will potentially revisit support levels at $0.22 and $0.20.

    Investors might want to not only monitor technical indicators and market developments, but overall risk asset market outlook.

    This means a look at the interplay of whale activity, macroeconomic factors, and ETF-driven optimism. The latter benefitted from the launch of the REX-Osprey DOGE ETF, with an upbeat uptake on debut.

    However, Dogecoin’s initial reaction to the first US-listed DOGE ETF has waned. All eyes are on the upcoming deadlines for the SEC to approve or reject multiple proposals.

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  • Pi Network price forecast as crypto bloodbath sinks altcoins

    Pi Network price forecast as crypto bloodbath sinks altcoins

    Pi Network Token Price Down

    • Pi Network price fell more than 20% to $0.28, with an intraday low of $0.22.
    • Declines came amid a bloodbath across crypto, with Bitcoin falling to near $112k.
    • Over the coming weeks, the key levels to watch will be $0.28–$0.22 area.

    Pi Network (PI) has crashed more than 20% in the past 24 hours as a major crypto downswing has top altcoins bleeding.

    The PI token price now hovers around $0.28 after dropping below the key level of $0.30 amid Bitcoin’s sharp decline to near $112k.

    Amid a sector-wide sell-off, is PI’s trajectory set for further pain? Or can bulls defend critical thresholds in the short term?

    Pi Network nosedives 20% to key support

    Pi Network’s PI token plummeted more than 20% on September 22, 2025, settling near $0.28 at the time of writing.

    The altcoin’s price tested lows of $0.22, an all-time low for a cryptocurrency that spiked to highs of $1.24 in May and hit its all-time high near $3.00 in February 2025.

    PI price chart by CoinMarketCap

    Declines have propelled the PI token to a pivotal support zone around the $0.28–$0.30 zone.

    This downside has come amid a sharp ascent in daily trading volume, a scenario that points to the frantic activity as bulls look to the dip and bears eye fresh lows.

    Notably, Pi Network’s downturn mirrors a brutal market rout.

    Most major coins were bleeding red as Bitcoin crashed to near $112,000, and the global crypto market saw over $1.7 billion in value wiped off in one of the steepest price dips in months.

    Per Coinglass data, more than $1.7 billion was liquidated across the cryptocurrency market in 24 hours.

    Most of this, about $1.61 billion, was in long positions and only $85.8 million in short positions.

    Bitcoin and Ethereum saw $276 million and $483 million in 12-hour liquidations, respectively.

    As Ethereum dropped to near $4,100, down more than 6% on the day, other altcoins followed suit.

    Solana shed 8%, XRP nearly 7% and Dogecoin stumbled to near $0.23.

    Despite broader optimism, macroeconomic jitters allowed for a bearish flip.

    Analysts attribute the cascade of bloodbaths across leveraged positions to panic selling.

    PI price forecast – short-term outlook

    The market’s performance paints a likely short-term picture for Pi Network.

    Notably, technical indicators signal potential for prolonged consolidation or mild recovery if support holds.

    Over the coming weeks, the key levels to watch will be $0.28–$0.22 area, with subdued on-chain activity adding to this outlook.

    However, a bullish reversal might emerge if top alts and Bitcoin see a notable spike and prices stabilise above key levels.

    Recent ecosystem upgrades like token lock-ups for enhanced mining rewards and decentralised KYC are likely catalysts.

    The flipside is that bears take control and push for the $0.20 region.

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  • Metaplanet adds another 5,419 BTC, achieves 395.1% YTD Bitcoin yield in 2025

    Metaplanet adds another 5,419 BTC, achieves 395.1% YTD Bitcoin yield in 2025

    Metaplanet adds another 5419 BTC

    • Metaplanet buys 5,419 BTC, lifting reserves to 25,555 BTC worth $2.7B.
    • The company has funded the BTC purchases through $1B+ share sales and equity offerings.
    • Metaplanet targets 210,000 BTC by 2027, cementing role as Asia’s largest holder.

    Metaplanet has once again expanded its Bitcoin (BTC) holdings, purchasing 5,419 BTC in a move worth more than $627 million.

    The acquisition, disclosed on September 22, lifts the Tokyo-listed company’s reserves to 25,555 BTC, valued at over $2.7 billion.

    With this purchase, the firm has re-entered the top five corporate Bitcoin holders, surpassing rivals such as Tesla and Coinbase, and has firmly established itself as Asia’s largest public holder of the digital asset.

    Metaplanet’s largest purchase to date

    Notably, the latest acquisition is the biggest single purchase in Metaplanet’s history. The company paid an average of roughly $115,900 per BTC, spending nearly 94 billion yen in total.

    The acquisition has increased its cumulative Bitcoin investments to 398.21 billion yen, or about $2.67 billion, with an average purchase price of just over $104,000 per BTC.

    The Chief Executive, Simon Gerovich, noted that the company’s Bitcoin Yield has surged to 395.1% year-to-date in 2025.

    The rapid pace of accumulation underscores just how aggressive Metaplanet has become in executing what it describes as its “Bitcoin-first” strategy.

    In mid-April this year, the firm held just 4,525 BTC. By June, it had already reached 10,000 BTC, months ahead of schedule. From 13,350 BTC at the end of June, Metaplanet has nearly doubled its reserves in less than three months.

    From hospitality to a Bitcoin powerhouse

    Metaplanet’s transformation has been dramatic. Once engaged in hospitality and media, the company has reinvented itself as a corporate Bitcoin treasury under Gerovich’s leadership.

    The company now positions itself as a regional counterpart to Michael Saylor’s Strategy, whose 638,985 BTC holdings dominate the corporate Bitcoin landscape.

    The strategy is ambitious. Metaplanet’s immediate target is 10,000 BTC by the end of 2025. By 2026, it aims to hold 100,000 BTC, before scaling to 210,000 BTC by 2027 — roughly 1% of Bitcoin’s fixed supply.

    To fund these moves, the firm has leaned heavily on capital markets. Earlier this month, it completed an international share sale that raised more than $1 billion, while in September alone, it issued 385 million new shares to raise $1.4 billion.

    Most of the proceeds are earmarked for Bitcoin purchases, linking investor funds directly to its treasury expansion.

    Market impact

    Despite the bold progress, Metaplanet’s share price dropped 1.64% on the day of the announcement, extending a 28% decline over the past month.

    Even so, the stock remains up more than 66% year-to-date, reflecting ongoing investor interest in its role as a proxy for Bitcoin exposure.

    The firm’s upgrade to mid-cap status by FTSE Russell this September has also strengthened its visibility, bringing passive inflows from global index funds.

    The broader market reaction was muted, with Bitcoin (BTC) itself slipping below $115,000 around the same time, dragged lower by technical resistance, whale activity, and regulatory headlines.

    Nevertheless, Metaplanet’s willingness to buy during periods of weakness underscores its conviction that Bitcoin is a long-term store of value rather than a short-term trade.

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