Crypto

A $5,200 breakout could ignite a sharp surge toward $7,600.

ETHFI social and market signals tracked with LunarCrush have strengthened: AltRank has climbed 42 places to 16, Galaxy Score 72, mentions 891, and ~203k engagements. Revenue-funded Ether.fi buybacks and token distributions have supported activity, keeping LunarCrush ETHFI under observation. The post From Obscurity to Spotlight: LunarCrush Data Reveals ETHFI’s Meteoric Rise in Social Buzz and Price appeared first on Cryptonews.

Chainlink will provide oracle, cross-chain and data services to the Plasma network to support stablecoin use cases.

The UK will lift a ban on specific crypto exchange-traded products starting next week, but the regulator said its “framework would need to be updated” before considering ETFs. The UK’s Financial Conduct Authority (FCA) is set to soon reverse a ban on crypto exchange-traded notes (ETNs) for retail investors enacted in 2019. According to an Aug. 1 notice, the UK watchdog will lift a ban on retail access to crypto ETNs starting on Wednesday, provided they are traded on an “FCA-approved, UK-based investment exchange.” Unlike exchange-traded funds (ETFs), which are still banned in the UK for retail investors, ETNs represented debt securities tied to crypto and not backed by any underlying assets. With the lifting of the ban looming, companies with operations in the UK have been weighing in on what the regulatory change could mean for retail investors. BlackRock, the world’s largest asset management company, is reportedly looking into ways to offer its iShares Bitcoin exchange-traded product to prepare for retail t...

Coinbase's on-chain lending product has originated over $1 billion in loans since its debut this year.

Solana CME futures open interest hit $2.16 billion as ETPs drive $500 million inflows. With institutions accumulating while retail stays cautious, are institutions quietly leading the charge? Key takeaways: CME open interest for SOL hit a record $2.16 billion, signaling strong institutional activity. Retail traders remain cautious after $307 million in liquidations, keeping leverage muted. Read more

An unknown crypto trader has made one of the most unlikely fortunes of the year, turning a $68,700 bet into roughly $9.4 million by backing a token that originated from a social media hack. On Oct. 3, blockchain analytics firm Lookonchain reported that the trader bought 63.07 million units of a Binance Smart Chain token […] The post This trader turned $68,700 into $9.4 million by betting on BNB Chain’s viral ‘4’ memecoin appeared first on CryptoSlate.

U.S. PMI has fallen to 50 and markets have increased probabilities of a Fed Rate cut as labor has softened and core PCE has held at 2.9%. Bitcoin has reached a 50-day high with strong ETF demand, record open interest, and technical strength toward a potential $150K path. The post U.S. Services PMI Sinks Near Pandemic Lows, Increasing Fed Rate Cuts Odds – Catalyst for $150K Bitcoin? appeared first on Cryptonews.

A federal judge in California has ruled the once-ubiquitous NFT collection does not violate securities laws, capping years of legal uncertainty.

Chainlink (LINK) trades near $22 after a 10% weekly gain. Analysts track $47 targets as on-chain growth and technical signals support momentum.

The native token of the largest DeFi lending protocol is showing strong momentum despite short-term profit taking above $290.

Analysts were eying a “quick” Bitcoin breakout to $150,000, as ARK Invest’s Cathie Wood compared the Hyperliquid token’s performance to Solana during the previous crypto cycle. The digital asset market staged a significant recovery over the past week following the end-of-September slump. Investor interest began to return, driven by a newfound appetite for safe-haven assets due to the uncertainty caused by the US government’s first shutdown in six years. The growing demand for safe-haven assets may see Bitcoin (BTC) follow gold’s rally, potentially leading to a new all-time high of $150,000 before the end of the year, according to Capriole Investments founder Charles Edwards. Bitcoin recovered above the $120,000 mark on Thursday for the first time since Aug. 14 and continued to trade above $120,122 at the time of writing on Friday. Elsewhere, the ballooning financial deficit of France’s central bank may provide another Bitcoin catalyst, as it may lead to “trillions of euros” of money printing by the European C...

Samsung Wallet integration with Coinbase has brought crypto access to 75M U.S. Galaxy users, including Coinbase One trials and a $25 credit, as a broader Samsung Coinbase Crypto galaxy expansion has been outlined for global markets. The post Samsung and Coinbase Unlock Crypto Trading for 75M Galaxy Users – Global Rollout Next? appeared first on Cryptonews.

Solid inflows into Bitcoin ETFs and a stellar start to the month drastically increase the chance for BTC to hit a new all-time high. Key points: Solid inflows into spot Bitcoin ETFs show that bulls are back in the driver’s seat and a rally to a new all-time high is likely. BNB is leading the altcoin recovery, with several altcoins poised to break above their overhead resistance levels. Read more

Galaxy Research reports a steep drop in crypto venture capital activity as investors pivot toward direct digital asset accumulation and treasury strategies. Although digital assets continue to attract record interest from institutional investors, traditional banks and corporations, venture capital activity in the sector has slowed notably since the first quarter. Galaxy Research’s latest VC report showed that crypto and blockchain startups raised a total of $1.97 billion across 378 deals in the second quarter. That represents a 59% decline in funding and a 15% drop in deal count compared to the previous quarter. According to Galaxy, it was the second-lowest quarterly total since Q4 2020. Researchers observed that the long-term correlation between Bitcoin’s (BTC) price and venture capital investment in the sector has broken down and is “struggling to recover.” Read more

Walmart owned fintech platform OnePay is reportedly adding Bitcoin and Ethereum trading to its mobile app later this year.

XRP price prediction has weighed a path toward $5 after a rebound above $3 and a wedge breakout attempt, while institutional interest has increased and CME has planned 24/7 crypto trading with BTC, ETH, and pending SOL and XRP options that have pointed to deeper liquidity. The post XRP Price Prediction: World’s Largest Exchange Moves to 24/7 Trading For Crypto – Is This the Start of Full Wall Street Adoption? appeared first on Cryptonews.

Altcoin season has redirected capital to PancakeSwap, BNB, and Story. Supply burns and feature rollouts have supported CAKE, fee reductions and ecosystem use have supported BNB, and decentralized IP infrastructure has supported Story as volumes and key levels have been tested. The post Altcoin Season Rotation Lifts PancakeSwap, BNB, Story – But Can Momentum Hold? appeared first on Cryptonews.

Bitcoin (BTC) set a new record on Oct. 3, clearing its Aug. 14 peak of $123,731.21 and resetting the ceiling for this cycle.  The move follows a steady October grind that accelerated as macro and flow tailwinds aligned. The spot market tone heading into October has been constructive. Bitcoin reclaimed the $120,000 threshold on Oct. […] The post Bitcoin touches previous all-time high amid US government shutdown, macro uncertainties appeared first on CryptoSlate.

Panelists in Rio have outlined how real-world assets have progressed from trials to production, with treasuries and high-quality funds leading, institutions piloting digital twins, and deeper liquidity and interoperability set to expand the market toward trillions by 2030.ons by 2030, panelists said during a session moderated by CryptoNews in Rio, Brazil. The post ‘Trillions by 2030’: Stellar, Centrifuge and Moody’s Outline What’s Next for Real-World Assets appeared first on Cryptonews.