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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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  • Eigen price spikes 33% as EigenLayer leads fresh altcoin rally

    Eigen price spikes 33% as EigenLayer leads fresh altcoin rally

    Eigen Price Jumps To Lead Altcoins

    • EigenLayer price hovered around $2.03, up by 33% after breaking to highs of $2.09.
    • The US Securities and Exchange Commission’s move to approve a rules-based listing standard buoyed altcoins.
    • EIGEN price also gained as the Fed cut interest rates,

    EigenLayer (EIGEN) is surging. Its price hovers near $2.03, currently up by 33% in 24 hours as a broader rally boosts altcoins.

    The cryptocurrency market is witnessing a notable resurgence amid the Federal Reserve’s monetary policy decision and a key regulatory win for altcoins.

    EigenLayer price jumps 33% to retest key level

    As most altcoins posted minor gains in early trading on Thursday, EigenLayer’s EIGEN token experienced a dramatic 33% price increase.

    The EIGEN token climbed from lows of $1.50 to hit highs of $2.09, with the sharp uptick marking a significant continuation following a breakout of a descending triangle pattern.

    Some catalysts of the uptick include partnerships and integrations, regulatory developments and macroeconomic indicators.

    For instance, on September 17, 2025, the US Securities and Exchange Commission approved generic listing standards for commodity-based trust shares.

    It means the regulator is adopting a rules-based approach that will streamline the approval process for exchange-traded products on platforms like the NYSE, Nasdaq, and Cboe Global Markets.

    EIGEN gained ground as the Federal Reserve’s rate cut supported broader risk sentiment, while optimism has also been fueled by EigenLayer’s recent partnership with Google.

    In the past 24 hours, trading in the protocol’s native token surged, with volumes topping \$427 million — a 260% jump alongside a sharp pickup in activity.

    Crypto rally: EIGEN leads altcoin surge

    EIGEN’s impressive performance is not occurring in isolation; it is leading a fresh wave of enthusiasm across altcoins, particularly those within the Ethereum ecosystem.

    Tokens associated with layer-2 solutions, DeFi protocols, and restaking mechanisms have seen gains ranging from 10% to 25% in the past 24 hours.

    Ethereum-linked projects are regaining prominence after months of Bitcoin-led momentum, with EigenLayer at the forefront through a string of new partnerships.

    The protocol has recently expanded ties with Moonbeam and Aethir, while also joining forces with Google.

    As part of that collaboration, EigenCloud is serving as a launch partner for Google Cloud’s new Agent Payments Protocol (AP2), underscoring the project’s growing role in Ethereum’s broader ecosystem.

    “AP2 helps create a global verifiable economy where agents can coordinate, transact, and prove their actions to humans and to each other. EigenCloud makes sure they are held accountable by any counterparty,” said EigenLayer founder Sreeram Kannan.

    Other altcoins to rally amid the latest surge include EtherFi and Lido DAO, both boasting double-digit gains in the past 24 hours.

    Polkadot, Bitcoin Cash, Sui and NEAR Protocol are some of the altcoins to outpace the broader market and peers as altcoins signal new momentum.

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  • RedStone price spikes 55% amid Upbit listing

    RedStone price spikes 55% amid Upbit listing

    RedStone Price

    • RedStone’s price rose 55% as the 24-hour trading volume surged to $418 million.
    • The project’s token soared after Upbit announced trading support for RED.
    • RED price could surge to $1 or find support around $0.50.

    RedStone (RED), a leading decentralised finance oracle infrastructure provider, has experienced a significant price surge of 55% in the past 24 hours.

    While the price increase mirrors the rest of the market’s bounce, RED has surged after Upbit, South Korea’s largest crypto exchange, announced trading support.

    The announcement, made on Sept. 5, ignited excitement among traders and DeFi enthusiasts, pushing RedStone’s price to above $0.78.

    RedStone price jumps 55% as Upbit lists RED

    The price of RedStone skyrocketed to $0.78 on Friday, following its listing on Upbit.

    Other platforms like Bithumb also saw newly-listed tokens explode.

    According to CoinMarketCap, RedStone rose from lows of $0.47 to $0.78, which represents a notable 55% increase within 24 hours.

    This was accompanied by a trading volume of $418 million, which had jumped by over 800% at the time of writing.

    RedStone chart by CoinMarketCap

    The surge comes on the heels of Upbit’s official announcement to support RED/KRW trading, with the market opening at 17:00 KST.

    RedStone’s team, via their X account, celebrated the listing with a post highlighting the availability of RED/KRW on Upbit.

    The post also teased upcoming events in Seoul, including the Korea Blockchain Week (KBW) and side events like the Hyperliquid hackathon and XRP Seoul, signalling the project’s active engagement with the crypto community.

    This move fueled trader confidence in RED, with South Korea a market known for its robust trading activity.

    RedStone price forecast

    RedStone, which provides modular oracle infrastructure for DeFi protocols and secures over $10 billion in assets, aligns with Upbit’s focus on innovative projects, further driving the price jump.

    Recently, RedStone acquired DeFi ratings provider Credora, which will boost the platform’s expansion efforts.

    Commenting on the acquisition, RedStone noted via X:

    “This brings TradFi-grade risk assessment to DeFi. It positions RedStone to play a role in decentralised markets similar to what S&P or Moody’s has long provided in traditional finance, a trusted framework for understanding and pricing risk.”

    The 55% spike also reflects broader market dynamics, with protocols like Compound, Lido, and Pendle also posting gains.

    While the bullish trend is evident, with Bitcoin showing higher lows, September’s historical reputation as a challenging month for assets like BTC could introduce short-term fluctuations.

    Analysts suggest that sustaining the current momentum will depend on RedStone’s ability to leverage Upbit’s platform and deliver on its event promises.

    For now, RED must hold above $0.60 to maintain the upside momentum.

    Conversely, the token’s price could drop to $0.50 or lower.

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  • Optimism price spikes as OP lands on South Korea’s largest crypto exchange

    Optimism price spikes as OP lands on South Korea’s largest crypto exchange

    • Optimism price increased by more than 13% to highs of $0.84 amid gains for PancakeSwap, Ethena and SPX6900.
    • Upbit, South Korea’s leading crypto exchange, announced the listing of the Ethereum layer 2 scaling solution’s native token OP.
    • The price of OP could explode 100% as bulls eye $2.

    Optimism (OP) price is up double-digits, mirroring moves by PancakeSwap, Ethena and SPX6900 as top altcoins by 24-hour gains.

    Gains for the native token of the Ethereum layer 2 scaling solution come amid a major boost from Upbit, South Korea’s dominant crypto exchange.

    With new trading pairs set to launch for OP, price could follow.

    South Korea’s Upbit adds support for Optimism

    Upbit, a titan in South Korea’s crypto landscape, is rolling out new trading pairs for Optimism (OP).

    The exchange said this in an official announcement posted earlier today.

    In it, Upbit confirms that trading support will kick off at 16:30 KST, bringing massive trading volume and liquidity to OP.

    With South Korea being a big crypto market, this news has buoyed OP’s daily volume and price.

    As noted, Optimism has managed an impressive 13% spike from its recent trough of $0.71 to a peak of $0.84.

    The surge is accompanied by a staggering 420% spike in trading volume, which surged past $700 million.

    It’s a reaction that reinforces Upbit’s reputation as one of crypto’s biggest exchanges by daily volume.

    The listing may bolster bulls and bring new highs into the picture.

    OP has also traded higher in recent weeks after $956 billion asset manager Hamilton Lane expanded its flagship fund, Senior Credit Opportunities Securitize Fund (SCOPE), to Optimism and the Ethereum mainnet.

    Optimism price forecast: Another 100% gain for OP?

    As the crypto market holds onto bullish sentiment and analysts say altcoin season is yet to unfold, one of the coins to watch is Optimism.

    The OP token teeters on the verge of a breakout, with Upbit’s listing a potentially huge catalyst.

    Notably, the exchange’s vast user base and low 0.05% KRW trading fees could propel OP into the spotlight, potentially attracting both retail and institutional players.

    A look at technical indicators shows bulls have an upper hand.

    Optimism price chart by TradingView

    The daily chart has a rising Relative Strength Index (RSI), which signals robust buying pressure.

    OP’s price outlook is also positive as indicated by the Moving Average Convergence Divergence (MACD), currently sporting a bullish crossover.

    While Optimism price hovers near $0.82 at the time of writing, upside momentum amid fresh retail demand could help push it past $1.

    The token last traded at highs of $1.2 in April. If buyers reclaim this level, a break to $2 and YTD peak of $2.1 is likely.

    However, if sellers emerge amid the Upbit listing-driven hype, primary support levels are around $0.74 and $0.68.
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  • Bounce Token (AUCTION) spikes 36% to lead top gainers

    Bounce Token (AUCTION) spikes 36% to lead top gainers

    • Bounce Token soared more than 36% on Sunday, gaining to an intraday high of $36.17.
    • Analysts predict a breakout for AUCTION price.

    Bounce Token (AUCTION) has surged by an impressive 36% over the past 24 hours, emerging as among top gainers in the 500 largest coins by market cap. Only Ancient8 (AB) with a staggering 109% in 24 hours and BinaryX (BNX) with 40% as surged by more.

    Notably, this price spike comes as most altcoins look to hold onto gains as Bitcoin hovers near $84k.

    Bounce Token price recap: A 36% surge in 24 hours

    According to CoinMarketCap data on March 16, 2025, Bounce Token (AUCTION) climbed 36% to reach an intraday high of $36.17. While the altcoin, native to the decentralised auction platform, remains about 49% from it’s all-time high of $70.56, it has seen significant gains in recent weeks.

    Per CoinMarketCap, AUCTION price has jumped by about 107% over the past seven days and 204% in the past month. These gains have pushed Bounce Token’s market capitalization to around $232 million.

    Meanwhile, trading volume has also skyrocketed, up 230% in 24 hours to hover at $590 million at the time of writing.

    Why is the AUCTION price up today?

    Bounce Token’s price rally builds on AUCTION’s longer-term momentum. Part of this has to do with the growth in the ecosystem and new project launches.

    One of these is Auction Intelligence, an artificial intelligence (AI) agent launchpad by Bounce Finance, which went live on the BNB Chain.

    Although the market is largely negative, Bounce Token bucks the trend with notable impetus from its traction in the DeFi space. There’s also huge anticipation around real-world collectibles.

    As noted above, an innovative auction mechanism and adoption are key to the current upward trajectory.

    Can AUCTION bounce to a new ATH?

    If the bulls hold key support levels, such as the $30, its possible they could target the $60 mark seen in November 2021. From here, with supportive market conditions, it would be a new ATH for buyers.

    Crypto insights provider Crypto Sat shared an outlook for AUCTION price on March 12.

     

    On the flipside, profit taking deals could allow bears to target $20 and then $10 – previous demand reload zones.

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  • MicroStrategy buys 27,200 BTC worth over $2 billion; Bitcoin spikes above $84k

    MicroStrategy buys 27,200 BTC worth over $2 billion; Bitcoin spikes above $84k

    MicroStrategy, the business intelligence company founded by Michael Saylor that;s now the biggest corporate holder of Bitcoin (BTC), has added to its haul of the digital asset.

    On Monday, Saylor announced that the publicly-traded company had acquired another 27,200 BTC for over $2 billion. The news coincided with the surge in Bitcoin price – which reached a new all-time high above $84k.

    Earlier, the world’s largest and most popular cryptocurrency had traded to above $82k. This follows sentiment from the Donald Trump election victory, which continues to create a bullish buzz.

    MicroStrategy its $22 billion in BTC purchases

    The latest Bitcoin purchase for MicroStrategy comes after the company raised $2.03 billion. Earlier, MicroStrategy had revealed plans to raise $42 billion to buy more bitcoins – a scenario that has added to the overall bullish sentiment around the benchmark cryptocurrency.

    Saylor said his company spent these proceeds on buying an additional 27,200 BTC. With this acquisition, which was finalized at the average price of $74,463, MicroStrategy now has a total of 279,420 bitcoins.

    In total, the company has spent $11.9 billion to buy BTC at the average price of $42,692 per coin. At current price of $84,153, MicroStrategy’s Bitcoin holdings amount to over $23.5 billion.

    The BTC has achieved a yield of 7.3% quarter to date and 26.4% year-to-date.

    “Our MSTR treasury operations in the first 10 days of November resulted in a BTC Yield of 7.3%, a net benefit to our shareholders of ~18,410 BTC,” Saylor posted on X.

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  • Bitcoin spikes to $66k amid ‘Uptober’ sentiment

    Bitcoin spikes to $66k amid ‘Uptober’ sentiment

    • Bitcoin price broke to above $66,000 for the first time in nearly three weeks
    • Cypto analysts at QCP say ‘Uptober’ and the US election sentiment could push bulls higher

    Bitcoin’s (BTC) price rose more than 6% to break above $66,000 on Monday, October 14, 2024, as most cryptocurrencies recorded 24-hour gains.

    According to data from CoinGecko, BTC’s price had reached highs of $66,173 across major crypto exchanges.

    On Coinbase it hit $66,296. The gains came as the flagship cryptocurrency bounced from the uncertainties witnessed the previous week, with Bitcoin bulls seeing a 4% flip in weekly price performance.

    Bitcoin traded around $65,959 on Coinbase at the time of writing, suggesting a potential continuation amid gains across the S&P 500. The issue of China’s stimulus package was also in trader sentiment. In the crypto market, the overall “Uptober” mood looked to have swung in as altcoins also rose.

    BTC chart. Source: TradingView

    Bitcoin surges ahead of US election

    A forecast for BTC by the Singapore-based trading firm QCP Capital suggests BTC is showing price trajectories that mirror previous US election cycles.

    If this trend continues, Bitcoin bulls may target further gains ahead of the November election.

    “Although there could be many factors that could explain today’s move, it is quite an interesting time if we look at historical price action. We are in the middle of October and just three weeks away from the US elections,” QCP said in an update on Telegram.

    The trend in 2016 saw Bitcoin rise from around $600 three weeks to the election to above $1,200 in early January. It happened again in 2020, when BTC rallied from $11k around mid-October to hit $42k in January 2021.

    “After months of trading in the range, will history repeat itself? Today’s rally has definitely given the market a glimmer of hope just as Uptober optimism was fading,” QCP added in the note.

    Bitcoin reached an all-time high of $73k in March, with the rally coming amid halving sentiment and the launch of spot Bitcoin exchange-traded funds (ETFs).

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  • Aave spikes to 5-month high as Bitcoin tests area near $62k

    Aave spikes to 5-month high as Bitcoin tests area near $62k

    • Aave reached a five month high above $143 with a 14% spike.
    • Bitcoin broke to above $61,800, with price gaining 4% amid fresh crypto resilience.

    Aave continued to outperform peers on August 21 with a sharp ascend to its highest level in five months. Meanwhile, Bitcoin price broke above $61,800 with a 4% surge in 24 hours.

    AAVE spikes 14% to hit 5-month high

    Decentralised finance (DeFi) protocol Aave (AAVE) was among the top gainers on Wednesday after surging more than 14% to hit highs of $143. Aave’s native utility and governance token reached the level amid huge whale activity in the past few days.

    There was also positive news for Aave after the DeFi project’s Aave V3 deployed on ZKsync Era Mainnet.

    AAVE price forecast

    Rising to above $143, Aave’s price moved to its highest level since March 2024. This is the period when Bitcoin rode the halving mania and spot BTC exchange-traded funds to reach its all-time high.

    AAVE’s push to current levels means the altcoin could eye fresh gains to the $177-$200 price area. However, the spike in AAVE price has also seen a sell signal flash on the daily chart.

    Crypto analyst Ali Martinez shared this price outlook for AAVE earlier in the day.

    Bitcoin bulls target breakout above $60k

    While Bitcoin has struggled for momentum since the brutal sell-off in early August, bulls have remained largely undeterred. Buyers have shown great resolve in their quest to rally above the $60k.

    In the past 24 hours, the benchmark crypto has climbed to above this crucial level and currently looks set to extend the slight advantage.

    BTC has reached an intraday high above $61,838 on top crypto exchange Bitstamp.

    BTC chart

    The gains have the BTC/USD pair touch the 50-day simple moving average, accentuating the formation of an ascending triangle pattern. In technical analysts, the ascending triangle is seen as a bullish chart pattern where the resistance level follows a horizontal line.

    Meanwhile, swing lows follow a rising trendline that forms a narrowing triangle as price looks to resolve on the upside.

    BTC/USD daily chart. Source: TradingView

    Bitcoin’s daily chart suggests this is the case for BTC since the dip to lows of $49,577 on August 5. Notably, the 50-day SMA currently acts as a robust hurdle. If bulls decisively break higher, price could target the key supply wall around $68,255.

    However, should weakness resurface, the primary support area could be around $58,266 and then $55,800.

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  • Siacoin (SC) spikes to 2-year high amid boost in investor confidence

    Siacoin (SC) spikes to 2-year high amid boost in investor confidence

    • Siacoin (SC) price rose to above $0.02, its highest level since December 2021.
    • SC, the native token of decentralized cloud storage platform Sia, was up 55% in the past week and 120% up over the past two weeks.

    Siacoin (SC) rose to its highest level since December 2021, breaking above $0.02 to mark a two-year high.

    SC, the native token of decentralized cloud storage platform Sia, was among top performers on Friday. With SC/USD changing hands near the intraday highs, the double-digit gains pushed Siacoin’s market cap to above $1 billion. Per CoinMarketCap, Siacoin ranked 70 among largest cryptocurrencies by market cap at the time of writing.

    Today’s gains have pushed the weekly upside for the altcoin to 55%, while it’s 120% up over the past two weeks.

    Why is Siacoin price up today?

    Siacoin’s gains, which put it among top gainers on the day alongside Avalanche DEX platform Pangolin (PNG), comes amid renewed confidence in the future of the project.

    A recent update from the Siacoin Foundation injected optimism within the Sia community. According to the platform’s February 2024 update, there’s a lot in the pipeline for the Sia network.

    Key milestones set to enhance network stability and performance include an upcoming hardfork dubbed Utreexo. The implementation for the hardfork as set in the RHP4 aims at enhancing network scalability and efficiency.

    As SC price rose, the amount of short liquidations increased. According to data from Coinglass, the last 24 hours had seen a total of over $64k in shorts liquidated.

    Meanwhile, Open Interest has increased 21% to $12.77 million amid the buy pressure.

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  • Litecoin price outlook as on-chain activity spikes

    Litecoin price outlook as on-chain activity spikes

    • Litecoin price was down 3% to trade around $67 on Friday morning.
    • Santiment wrote on X that the altcoin has seen a rapid increase in on-chain movement.
    • LTC is seeing a spike in address activity and whale transactions, with metrics at highest levels since June.

    The total crypto market is down 1.5% in the past 24 hours to $1.3 trillion, with Bitcoin hovering just above $34,000. Meanwhile, most altcoins are struggling to hold onto recent gains. 

    But as market observers and analysts put it, the overall outlook is bullish for crypto ahead of what could be a massive bull market in 2024. Could this be the same scenario for Litecoin price?

    Litecoin price outlook- what’s next for LTC?

    Litecoin’s 24-hour price was down 3%, with recent gains trimmed to about 7% over the past week as it traded around $67.80. The psychological $100 continues to prove a difficult hurdle for bulls, despite there being a burst of on-chain activity.

    While address activity and whales both hit June 2023 levels, there has been the observation of dormant LTC suddenly spiking – “usually indicative of more coins beginning to circulate,” the market intelligence platform Santiment wrote in a post on X.   

    The overall bullish picture for Bitcoin suggests investors could be positioning for a potential uptick in its price. Optimism over factors such as spot Bitcoin ETF approval could help LTC rebound past the main supply wall.

    Yet, with dormant coins on the move again, sell-off pressure could be huge in the short term. In this case, a correction could see Litecoin price retreat further, bears likely targeting key support zones in the $60-50 region.

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