The five straight days of spot Ether ETF outflows come amid recent data suggesting weakening retail participation in the asset. US-based spot Ether exchange-traded funds (ETF) have posted five straight net outflow days as the asset’s price slid around 10% over the week. On Friday, spot Ether (ETH) ETFs closed the trading week with $248.4 million in daily outflows, bringing total weekly outflows to $795.8 million, according to Farside data. Meanwhile, the price of Ether fell 10.25% over the past seven days, trading at $4,013 at the time of publication, according to CoinMarketCap data. Read more
Vitalik Buterin has opposed the EU’s proposed Chat Control law, warning it undermines digital privacy and creates surveillance backdoors. Ethereum co-founder Vitalik Buterin has criticized the European Union’s proposed “Chat Control” legislation, warning that it threatens the right to privacy in digital communications. In a Saturday post shared on X, Buterin voiced opposition to mandatory surveillance measures that would require tech platforms to scan private messages for illegal content. “We all deserve privacy and security… for our private communications,” Buterin said. “You cannot make society secure by making people insecure,” he wrote, arguing that backdoors built for law enforcement are “inevitably hackable” and undermine the safety of everyone. Read more
Despite numerous calls for higher BTC prices in October, Bitcoin would repeat history with a steep drop toward $60,000 first. Key takeaways: Bitcoin price charts from 2021 hint at a crash toward $60,000 if history repeats. Bulls see $104,000 support holding, with targets at $140,000 or higher. Read more
The two-week approval forecast follows analyst predictions that additional crypto ETF approvals could be a key catalyst for a broader altcoin season. Several applications for Solana exchange-traded funds (ETFs) with staking could receive US approval by mid-October, ETF analyst Nate Geraci said, following fresh regulatory filings. “Guessing these are approved [within the] next two weeks,” Geraci, the president of NovaDius Wealth Management, said in an X post on Friday. Geraci noted that asset managers Franklin Templeton, Fidelity Investments, CoinShares, Bitwise Asset Management, Grayscale Investments, VanEck, and Canary Capital all filed amended S-1 documents for spot Solana (SOL) ETFs to the US Securities and Exchange Commission (SEC) on Friday. The S-1 document is a comprehensive disclosure outlining the company’s financials, risk profile, and the securities they intend to offer. Read more
Mike Novogratz said “of course” Bitcoin could reach $200,000 if the Federal Reserve adopts a highly dovish stance following a leadership change. Galaxy Digital CEO Mike Novogratz said Bitcoin’s price could see a significant rally if the next US Federal Reserve chair nominee to replace Jerome Powell is exceptionally dovish. “That’s the potential biggest bull catalyst for Bitcoin and the rest of crypto,” Novogratz said in an interview with Kyle Chasse published to YouTube on Friday. “Fed’s cutting when they shouldn’t be, and you put in a massive dove,” Novogratz said, adding that may lead to “your blow-off top” moment for Bitcoin (BTC). Read more
Bitcoin struggles to recover and rally despite favorable macroeconomic trends that have sent stock prices higher. What will it take to overcome $110,000? Key takeaways: Strong US economic data and rising gold prices shift investor focus away from Bitcoin's upside. Regulatory uncertainty and vague US Strategic Bitcoin Reserve plans keep BTC price down despite macro tailwinds. Read more
XRP consolidated near $2.75 with bearish pressure looming. Onchain data and liquidity compression suggest a possible dip before a price rebound. Key takeaways: XRP hovered near the $2.75 support, risking an 8–10% drop to $2.50. Onchain URPD data indicated a strong buyer cluster around $2.45–$2.55. Read more