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  2. Ostium Labs’ Market Outlook #55 argues that Bitcoin’s higher-timeframe bull structure survived last week’s volatility and now points “back to the highs,” provided spot holds above $107,000. “Whilst we trade above $107k, I think the next move is back to the highs, with $112k likely to act as local support,” the note states, adding that the firm still expects price to trade into “that confluence of overhead resistance at $133k by month-end.” The team frames last week’s deleveraging as the “great reset,” contending that the largest liquidation event in crypto history removed excess leverage without breaking weekly structure. On the weekly chart, no major support was lost and the wick down to roughly $107,000 was reclaimed into a $115,000 close, which Ostium reads as confirmation that momentum remains bullish on higher timeframes. Invalidation is precise: “A weekly close below last week’s low is now the obvious invalidation… close through $107k… and we have a more pressing concern, where we undoubtedly then trade into $99k.” On the daily, Ostium notes a classic sweep-and-reversal sequence. Price twice tagged the prior range high near $126.3k, failed to hold above $123.8k, and then “collapsed,” ultimately wicking into the 200-day moving average—an area the desk had flagged as a likely terminal level for any early-October capitulation. The view from here is unambiguous: “Anyone expecting sub-$100k will remain sidelined for a long time—if you didn’t get it on the largest liquidation event in crypto history, I don’t think you’re getting it until we enter a bear market.” Tactical invalidation on this timeframe is a daily close below the 200-DMA, which would put the 360-DMA near $100,000 in play and constitute Ostium’s “line in the sand for a full-blown flip into bear market territory.” Path dependency matters for the upside call. Ostium expects prior highs around $112,000 to act as support and form a higher low, with “acceptance back above ~$116k” setting a rotation to the top of the range at $123.8k and then “price discovery beyond that.” The desk’s near-term timing is surprisingly punchy: “Gun to my head I think we trade $125k by early next week and $133k by month-end.” For traders, the preferred long setup is early-week weakness into $110k–$112k to establish a higher low, using a daily close below $107k (hard stop $105k) as risk, and targeting at least $121k with scope for much higher. A counter-trend short, by contrast, would require a grind up into the $121k confluence, a rejection and daily close back below $118k, and then a fade into the $110k–$112k zone—only if the higher-low hasn’t already formed. Positioning evidence, in Ostium’s view, buttresses the reset-then-extend thesis. The firm highlights obliterated open interest, Binance Net Longs back to “Liberation Day” lows, compressed three-month annualized basis, and fresh liquidation maps for one-week and one-month horizons—all consistent with a cleaner tape for trend continuation. The calendar this week is dense but navigable: a speech-heavy week (Powell, Bailey, Lagarde), the NY Empire State Manufacturing print, the Philadelphia Fed survey, and US Industrial Production. Ostium’s framework treats these events as potential catalysts rather than trend definers; so long as $107,000 holds and $112,000 functions as a springboard, the structural bias remains higher toward $133,000. At the core of the thesis is a binary investor psychology after the purge. “These sorts of events mark turning points: either you are now cemented in your belief that… the bear market has begun… or you are cemented in your belief that the leverage washout gives us the runway for higher for longer prices into Q1 next year,” Ostium writes. The desk is firmly in the latter camp, reiterating that Bitcoin “looks more bullish today than it did at the beginning of last week.” Briefly beyond Bitcoin, Ostium’s cross-asset read tilts supportive for the crypto beta complex if near-term conditions align. For Ethereum, weekly structure “looks nothing like a top,” with a decisive close above trendline resistance and $4,400 expected to trigger an all-time-high breakout; the team believes “ETH trades through $4,950 within 10 days… toward $5,750 in November,” and sees the Q4 low as likely in. On ETH/BTC, the desk calls last week’s flush into 0.0319 a higher-low and anticipates ETH outperformance into year-end, contingent on reclaiming 0.0375 and eventually breaking the trendline—a dynamic that, if realized, could cap BTC dominance without undermining Bitcoin’s own trend. The DXY rally is viewed as late-stage: resistance near 100 and a looming rollover would reduce macro headwinds for risk assets. For US equities, Ostium still expects “higher for longer,” eyeing fresh SPX highs by month-end and a strong November as buyback blackouts end and earnings season progresses; improving equity breadth tends to coincide with constructive crypto flows. Finally, in “OTHERS,” the altcoin index printed a historic wick to the 360-week MA before reclaiming support; with derivatives positioning “utterly decimated,” Ostium now expects a higher local low, a November reclaim of the yearly open near $335bn, and, if confirmed, a push toward cycle and ATH resistance—conditions that usually track with a healthier, less fragile Bitcoin uptrend. Taken together, the desk’s message is consistent across timeframes and assets: the reset did its job, the invalidation is clear at $107,000, $112,000 should be the pivot, and the upside waypoint is $133,000, with the macro calendar more likely to modulate the path than to derail the destination. As Ostium summarizes, “Whilst we trade above $107k… the next move is back to the highs.” At press time, BTC traded at $111,509.
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  4. What to Know: Brian Q at Santiment highlights ‘crowd FUD’ as a major driver of bullish surges Crypto market is still largely fear- and emotion-driven Bitcoin Hyper ($HYPER) could be in a prime position to take advantage of any big $BTC move In 2025, ‘crowd FUD’ is driving the market. The mass panic, fear, uncertainty, and doubt among retail investors in response to political or macro news causes corrections and sharp pullbacks – but within a short time, FUD soon gives way to FOMO. Analysts are beginning to treat it as a potential contrarian indicator: when the crowd is at its most fearful, it may be a signal to buy – and Bitcoin Hyper ($HYPER) is ready to take advantage. Trump’s Tariffs: Catalyst for Panic and Rebound A recent flashpoint occurred when U.S. President Donald Trump announced a 100% tariff on China. The announcement triggered a sharp sell-off across crypto markets as retail investors rushed to exit. But as soon as the markets cooled and officials clarified that the tariffs weren’t set in stone, many of those ‘feared’ positions were covered and prices rebounded. According to Santiment analyst Brian Q, retail traders often act on emotion, moving opposite to where more experienced investors position themselves. In events like these, when panic peaks, institutional or savvy traders see opportunities to scoop up value. A Recurring Pattern in 2025 This event is not unique. Throughout 2025, several political and macro developments have prompted similar cycles of FUD-driven sell-offs and subsequent recoveries. Among them: In April, the first wave of global tariff threats unsettled markets. In June, geopolitical tensions in the Middle East heightened fears. In August, uncertainty over whether the U.S. Federal Reserve would cut rates triggered renewed volatility. Each of these moments saw elevated fear, followed by buyers stepping in once the panic cooled. Survey data underscores this phenomenon. A December 2024 survey of over 1,200 crypto users by Kraken found: 81% of respondents admitted that FUD (fear, uncertainty, doubt) influenced their investing decisions 63% conceded that emotional decisions harmed their portfolios Meanwhile, the Crypto Fear & Greed Index, a sentiment gauge ranging from 0 (extreme fear) to 100 (extreme greed), has recently lingered in the fear zone (around 38 or lower). That tracks with the market volatility. Analysts’ Take: Risk and Reward Analysts like Brian Q propose that peaks in crowd FUD can be signals to accumulate, on the logic that panic-driven sell-offs often overshoot fundamentals. The cycle tends to be: News or political shock triggers panic Retail exits en masse Institutional or value-focused investors buy in Fear subsides and prices recover Retail returns, often chasing momentum The timing and depth of rebounds can vary, and what appears to be panic could be rooted in genuine macroeconomic headwinds or regulatory changes. Still, viewing FUD as an opportunity rather than a headwind could be a major step forward, highlighting why downturns are precisely the right time to explore the best new crypto projects. Bitcoin Hyper ($HYPER) could be uniquely positioned to double down on the next FUD-fueled $BTC surge. Bitcoin Hyper ($HYPER) – Fastest, Cheaper Bitcoin Payments for Next-Gen Crypto Bitcoin Hyper ($HYPER) takes all of Bitcoin’s weaknesses and turns them into strengths: Lack of scalability? Bitcoin deposited on an SVM-powered canonical bridge becomes wrapped Bitcoin on the Bitcoin Hyper Layer 2. Slow transaction speeds? Bitcoin Hyper allows transactions at Solana’s several thousand TPS, not Bitcoin’s 7 TPS. Low throughput? The SVM boasts high throughput and minimal fees, making microtransactions a practical option. All of those improvements don’t come at the expense of Bitcoin’s natural advantages; you’ll still get the security and stability of Bitcoin with all Hyper transactions finally resolving on the original layer 1. It’s more than just an idea; Bitcoin Hyper’s potential – and the chance to supercharge Bitcoin’s next run – is drawing investors to the presale in droves. Major whale buys include a massive $379K $HYPER purchase, while another investor added their own $32K purchase in the last 24 hours. Learn how to buy Bitcoin Hyper with our guide and see why the $23.5M presale could just be the beginning of $HYPER’s story. Tokens currently cost $0.013115, but that price won’t last. Our price prediction indicates that the token may reach $0.02595 by the end of the year. Be sure to visit the Bitcoin Hyper presale page for the latest information. If crowd sentiment is becoming a driver of crypto market flow, then political events, tariff policy shifts, central bank decisions, and regulatory noise will likely continue to be focal points. Monitoring measures such as the Fear & Greed Index, social media sentiment, and institutional inflows can help anticipate when FUD is peaking – and when it’s time to invest in the best altcoins to buy. Do your own research; this isn’t financial advice. Authored by Aaron Walker for NewsBTC – https://www.newsbtc.com/news/when-the-people-panic-why-crowd-fud-is-a-big-buy-signal
  5. Estelle project. Credit: Nova Minerals Nova Minerals’ (NASDAQ, ASX: NVA) shares skyrocketed on Tuesday after the Australian miner announced that it had been requested by the US government to provide a brief on its antimony project in Alaska ahead of a planned meeting between the nations’ leaders. Australian Prime Minister Anthony Albanese is scheduled to meet with US President Donald Trump on Oct. 20 in Washington DC, where the pair are likely to discuss critical minerals partnerships amid surging American interest in the sector and speculation that the Trump government could buy stakes in Australia’s miners. Local media in Australia also reported that its government is mulling a A$1.2 billion strategic minerals reserve. According to reports, mining firms looking to be involved in the talks are expected to brief the Australian government before what would be the first official sitdown between Albanese and Trump. Amongst those are Nova Minerals, which seeks to build a vertically integrated US antimony operation in Alaska and recently secured a land permit for its proposed refinery at Port MacKenzie. In the Australian market, Nova Minerals soared 16.1% to a new 52-week high of A$0.90 on the news. The stock has now nearly doubled over the past month, with a current market capitalization of A$359.6 million. Meanwhile, its Nasdaq-listed shares have had an even bigger gain, with the stock price rising over 400% over that period. On Tuesday, Nova jumped nearly 70% to a new high of $58.72, with a market capitalization of $310 million. Government backing The briefing follows a site visit by the Australian Consular-General, Tanya Bennett, in August, during which she recognized the company’s Estelle project in Alaska as a “leading example of the deepening Australia–US collaboration in critical minerals and strategic resource development,” Nova said. “Being invited to brief the Australian government for this high-level meeting between Prime Minister Albanese and President Trump is a testament to the strategic importance of the Estelle project,” CEO Christopher Gerteisen stated in a press release on Tuesday. “With antimony recognized as a critical mineral and our gold resources adding significant value, Nova is well-positioned to contribute to both US and Australian critical minerals strategies,” he added. Earlier this month, the company was awarded $43.4 million by the US Department of War in support of its proposed antimony operations. Gerteisen stated that the funding to help fast-track its production of military-spec antimony, targeting first delivery of products within 24 months.
  6. Uma notícia de peso está circulando nos mercados hoje, confirmando o status do governo dos Estados Unidos como um dos maiores detentores de Bitcoin (BTC) do mundo. Após uma recente e massiva ação de confisco, as posses de Bitcoin do governo americano aumentaram para mais de 325.000 BTC. Por Igor Pereira, Analista de Mercado Financeiro, ExpertFX School Este desenvolvimento transforma o governo em uma "baleia" involuntária, criando um cenário complexo que representa tanto uma forma de validação para o ativo digital quanto uma fonte significativa de risco e incerteza para o mercado. 1. A Origem e Escala da Posição É crucial entender que o governo dos EUA não está comprando Bitcoin como um investimento estratégico da mesma forma que a China compra ouro. A vasta maioria desses ativos foi adquirida através de confiscos em operações policiais contra atividades ilícitas. A mais recente e notável foi uma ação de confisco de aproximadamente 127.271 BTC, avaliados em cerca de $15 bilhões, ligados a esquemas de fraude de criptomoedas no Camboja. Esta última apreensão, somada a posses anteriores de casos famosos como o da Silk Road, elevou o total para mais de 325.000 BTC. Em valores atuais, isso representa uma posição de quase $40 bilhões de dólares, colocando o governo dos EUA em uma categoria similar ou até superior à de grandes nações e empresas que detêm Bitcoin em seus balanços. Anteriormente, as posses eram estimadas em cerca de 198.000 BTC em agosto de 2025. 2. A "Espada de Dâmocles": O Risco da Venda Governamental Na minha análise, o principal impacto desta notícia para o mercado é o risco de uma futura pressão de venda. Historicamente, o governo americano não é um "HODLer". Sua política padrão é liquidar os ativos confiscados para financiar suas operações. O U.S. Marshals Service já realizou diversos leilões de Bitcoin no passado. Isso cria uma "espada de Dâmocles" sobre o mercado. Cada BTC nas mãos do governo é um BTC que pode, a qualquer momento, ser despejado no mercado, criando uma pressão de venda massiva. A incerteza não é se eles vão vender, mas quando e como. Um leilão anunciado ou vendas diretas em exchanges poderiam causar volatilidade significativa. É importante notar, no entanto, que a administração Trump estabeleceu em março de 2025 uma Reserva Estratégica de Bitcoin, com a intenção de manter o BTC confiscado como um ativo de reserva, sem vendê-lo. A política sobre como lidar com essas novas posses massivas, à luz dessa ordem executiva, ainda é incerta. 3. Validação Involuntária? Apesar do risco de venda, o fato de a maior potência econômica do mundo possuir uma quantidade tão significativa de Bitcoin é, ironicamente, uma forma de validação. Isso força agências governamentais (como o Departamento de Justiça e o Tesouro) a desenvolverem uma profunda expertise técnica e legal sobre o ativo. Essa interação contínua, mesmo que adversarial, integra o Bitcoin cada vez mais ao sistema financeiro e legal tradicional, legitimando-o como uma classe de ativo com a qual se deve contar. Conclusão de Igor Pereira Para o trader, a posse de BTC pelo governo é, acima de tudo, um fator de risco e incerteza que deve ser monitorado. Anúncios de leilões ou movimentações das carteiras conhecidas do governo podem causar volatilidade de curto prazo. No entanto, isso não altera a tese de alta fundamental do Bitcoin, baseada na adoção institucional via ETFs e na contínua desvalorização da moeda fiduciária. Apenas adiciona um grande vendedor potencial ao mix, cujas ações são imprevisíveis e podem ser politicamente motivadas. O governo dos EUA se tornou, por acidente ou por desígnio, um dos maiores players do mercado. Resta saber como ele irá jogar suas cartas.
  7. Canadian explorer Loncor Gold (TSX: LN) agreed to be acquired by Chengtun Mining Group for about $261 million cash in a deal that will hand control of a major gold project in the Democratic Republic of Congo to a deep-pocketed Chinese operator. Chengtun’s C$1.38 per share offer represents a 16% premium over Friday’s closing price on the Toronto Stock Exchange, and a one-third premium to the 30-day volume weighted average trading price, Loncor said Tuesday. The transaction is expected to close no later than in the first quarter of 2026. Toronto-based Loncor has been focusing on the Ngayu gold belt in the DRC’s northeast. Its main Imbo project includes the Adumbi deposit, which holds an indicated resource of about 28.2 million tonnes grading 2.08 grams gold per tonne for 1.9 million contained ounces. “The sale delivers a strong outcome for shareholders,” executive chairman Arnold Kondrat said in the statement. It “crystallizes the inherent value we have built over 15 years and eliminates future dilution while mitigating commodity, political, and execution risks.” Loncor shares jumped 9.2% to C$1.30 in Tuesday morning in Toronto, giving the company a market value of about C$229 million. The stock has traded between C$0.37 and C$1.31 in the past year. Interested party News of the deal follows Loncor’s July 14 announcement that it had received an “unsolicited, confidential non-binding offer” from an unidentified “interested party.” Loncor immediately set up a special board committee to review the proposed deal. Selling to Chengtun, whose existing operations in the DRC include the Kalongwe copper-cobalt mine, will allow Loncor to leverage the Chinese miner’s “strong access to capital and depth of technical and in-country expertise to develop the Imbo project,” Loncor said. Chengtun’s other metals include nickel and gold. Chengtun is to provide Loncor with $3 million in refundable advances within the next two months. These advances will be used for the exploration program at Adumbi and for general corporate purposes, Loncor said. Adumbi is one of three main targets at Imbo, all of which are located within a 5-km radius of each other. Loncor acquired control of the project in 2019. A preliminary economic assessment for Adumbi, completed in 2021, calculated an $879 million after-tax net present value using a 5% discount rate and a gold price of $1,760 per ounce. It envisioned annual gold production of 303,000 oz. at an all-in sustaining cost of $950 per oz. over a 10.3-year mine life. Resolute backing Chengtun will need two-thirds of votes cast by Loncor shareholders to back the deal at an upcoming meeting. The Toronto Stock Exchange and the Ontario Superior Court will also need to sign off on the deal. Loncor shareholders representing about 38% of the issued and outstanding shares have agreed to vote in favour of the transaction. They include Australia’s Resolute Mining (ASX: RSG) and Kondrat, who respectively own 18% and 17% of the company. Deal terms give Loncor the right to accept a superior proposal, which Chengtun would have the right to match. A mutual reciprocal termination fee of $10 million, payable in certain circumstances, is also included in the agreement.
  8. A degrading sentiment took a pause yesterday as participants digested Trump’s remarks over a prolonged North American trading weekend , which initially signaled a possible de-escalation in trade tensions between the US and China. However, optimism looks short-lived. China reiterated its stance through multiple official channels — including its Commerce Ministry and state media — emphasizing its readiness to respond firmly to any tariff actions which comes after an initial Friday comment from Donald Trump in case you missed the story. Read More: US-China trade war scare: What happened Friday and where things stand now This is even leading to the EU and US looking to partner up again to fight the Chinese aggressive policy. Adding pressure, US ships began paying duties at Chinese ports today, a measure long anticipated but now officially in effect. This development has weighed heavily on global trade sentiment, extending the downtrend in Oil prices. With easing Middle East tensions and steady Russian supply to fund its war in Ukraine, Oil fundamentals remain pointed to the downside except for the advent any black swan event. WTI has now fallen below $60, and has been holding below the threshold since Trump's original post. Let’s dive into Oil spot charts to see whether this decline is nearing exhaustion — or just beginning. Read More: Markets Today: UK Wage Growth Hits 3-Year Lows, Gold Retreats from Highs, FTSE 100 Eyes Gains. US Earnings Season AheadJPMorgan (JPM) bullish reversal from 5% decline at key support as Q3 earnings loomWTI Daily Chart US Oil Daily Chart, October 14, 2025 – Source: TradingView This year has seen many factors leading to downward revised global economic performance. The most evident one is the Trump tariffs which added a widespread angst among economists, especially as they get imposed about a year after the conclusion of the fastest hike cycles, which aimed to dampen the fast growing economies from 2022 and 2023. Even a few years after, economic deceleration still imposes its dominance on oil demand, particularly when looking at the slowing labor growth in OECD nations which generate a lot of demand. For example, the UK just published weak data as seen in the overnight data report (more on this coming on MarketPulse today) and an also slowing US jobs market. This combined with Chinese deflation doesn't help for bulls prospects. There is some nuance however, with Chinese trade data coming in way better than expected and airlines projecting a solid outlook ahead. The daily chart shows reactions at the lows of the daily downtrend after the overnight 1.50% drop. The RSI is approaching the oversold territory but isn't quite there. Let's take a closer look. WTI 4H Chart and levels US Oil 4H Chart, October 14, 2025 – Source: TradingView Since the end of September, Oil has firmly held its daily descending channel and even formed a steeper hourly trend. This led to the overnight $57.75 lows, levels not seen since May 2025 and the Liberation Day troughs. There has been some small mean-reversion however as prices reach a confluence bottom of the daily & hourly channels, combined with a bullish RSI divergence and an end to a measured-move. Traders will have to look at the daily lows: any attempt to make new lows and any 4H close below would maintain the bearish trend and push towards the $55 2025 support zone. Any rebound from here may point to the 4H 50-MA at $61.15 , at a confluence with the upper bound of Hourly Channel. Levels to place on your WTI charts: Resistance Levels $59 to $60 2021 and 2025 Main Support now PivotMA 50 and upper bound of Hourly Channel $61.15 to $61.30September range Support now resistance $62 to $63September resistance $65 to $67Support Levels Overnight lows $57.76$55 to $56.50 2025 Support2019 mini support $53 to $54Mid-2019 Main support $51 to $52.5 Safe Trades! Follow Elior on Twitter/X for Additional Market News, interactions and Insights @EliorManier Opinions are the authors'; not necessarily that of OANDA Business Information & Services, Inc. or any of its affiliates, subsidiaries, officers or directors. The provided publication is for informational and educational purposes only. If you would like to reproduce or redistribute any of the content found on MarketPulse, an award winning forex, commodities and global indices analysis and news site service produced by OANDA Business Information & Services, Inc., please refer to the MarketPulse Terms of Use. Visit https://www.marketpulse.com/ to find out more about the beat of the global markets. © 2025 OANDA Business Information & Services Inc.
  9. A mais recente Pesquisa Global de Gestores de Fundos (FMS) do Bank of America, referente a outubro, revelou um paradoxo fascinante e, na minha visão, extremamente otimista para o futuro do preço do ouro. A pesquisa mostra duas realidades aparentemente contraditórias: Pela primeira vez desde junho, a posição "Comprar Ouro" (Long Gold) foi votada como o "trade mais lotado/superpovoado" do mercado, com 43% dos gestores globais a identificando como tal, superando até mesmo "Comprar as 7 Magníficas". No entanto, a alocação média real desses mesmos gestores em ouro permanece em míseros 2,4%. Vamos dissecar por que essa divergência é tão significativa. Por Igor Pereira, Analista de Mercado Financeiro, ExpertFX School, membro Junior WallStreet NYSE 1. A Coroação do Ouro: O Trade Mais Comentado de Wall Street O fato de "Comprar Ouro" ser agora visto como o trade mais popular marca uma mudança sísmica no sentimento. Significa que a tese de alta do ouro, impulsionada pela crise fiscal, pelo pivô do Fed e pela instabilidade geopolítica, deixou de ser uma visão de nicho e se tornou o tópico principal nas mesas de operações de Wall Street. A adoção mental foi alcançada. Todos estão falando sobre isso. 2. A Realidade dos Portfólios: O Gigante Adormecido do Capital Aqui reside a informação mais importante do relatório. Apesar de toda a conversa, a alocação de capital real conta uma história completamente diferente: A alocação média em ouro é de apenas 2,4%. A maioria dos gestores (39%) tem ZERO alocação em ouro. Somados, 58% dos gestores têm 2% ou menos de seus portfólios alocados em ouro. Minha Análise: Este é o dado crucial. Ele nos mostra que, apesar de toda a atenção, o capital real, o grande dinheiro institucional, ainda não entrou no mercado de forma significativa. Os portfólios dos maiores gestores do mundo estão dramaticamente sub-alocados em um dos ativos de melhor desempenho do ano. 3. Conclusão de Igor Pereira: Por Que Este é o Cenário Mais Otimista Possível? Temos uma situação em que todos estão olhando para a festa e comentando sobre como ela está cheia, mas a maioria dos convidados ainda nem sequer entrou pela porta. Isso significa que o potencial de influxo de capital para o ouro ainda é astronômico. Se esses gestores, que atualmente têm 0% ou 2% de alocação, decidirem apenas se mover em direção à média histórica ou ao que é considerado prudente (5-10%), estaríamos falando de centenas de bilhões, senão trilhões, de dólares buscando um lar em um mercado de ouro físico e de ETFs relativamente pequeno. Em outras palavras, como se diz no mercado: ainda há muito para quem comprar e muito espaço para comprar. Este relatório do Bank of America não sinaliza um topo no ouro. Pelo contrário, ele sinaliza o início da próxima grande fase do bull market: a fase da grande rotação de capital institucional. A adoção mental já aconteceu. A adoção de capital está apenas começando. O que vimos até agora pode ter sido apenas o aquecimento para o médio e longo prazo.
  10. Bitcoin climbs back to $110,000, Ethereum pulls back to $3,890 It's evident that leveraged capital continues to exit the market. Despite the significance of last week's event — when over $20 billion in leveraged long positions were liquidated — the fundamental structure of the market remains unchanged. Spot trading volumes are still strong, investment inflows into ETFs continue, and on-chain activity remains high. It's important to understand that this type of liquidation serves as a painful but necessary cleansing process for the market. Excessive leverage has been flushed out, and speculative positions have been reduced. The market is now entering a consolidation phase, characterized by renewed caution, selective risk-taking, and a more deliberate recovery in confidence — both in the spot and derivatives markets. For that reason, re-entry into long positions around the $110,000 area is justified, but traders should still consider the possibility of a deeper move down to $106,000. Trade with sufficient margin and avoid excessive leverage. As for the intraday strategy, I'll continue to base my actions on significant dips in Bitcoin and Ethereum, aiming to position for a mid-term continuation of the bull market, which hasn't disappeared — just taken a pause. Bitcoin Buy scenario Scenario 1: I will buy Bitcoin today upon reaching the entry point at $111,800, with an upside target of $114,400. I plan to exit long positions around $114,400 and sell into the bounce. Before entering during a breakout, ensure that the 50-day moving average is below the current price, and the Awesome Oscillator is in positive territory. Scenario 2: Buying is also possible from the lower border at $109,900, if there is no strong bearish reaction to that level, with a bullish target back to $111,800 and $114,400. Sell scenario Scenario 1: I will sell Bitcoin today upon reaching the entry point at $109,900, with a downside target of $107,600. I plan to exit short positions at $107,600 and buy during the dip. Before entering during a breakdown, ensure that the 50-day moving average is above the current price, and the Awesome Oscillator is in negative territory. Scenario 2: Selling is also possible from the upper border at $111,800, if there is no bullish breakout, with a target back to $109,900 and $107,600. Ethereum Buy scenario Scenario 1: I will buy Ethereum today at the entry point of $4,000, targeting a rise to $4,146. I will exit long positions near $4,146 and sell into the bounce. Before entering on a breakout, make sure the 50-day moving average is below the current price, and the Awesome Oscillator is above zero. Scenario 2: Buying is also possible from the lower border at $3,914, if there is no bearish confirmation, with upside targets at $4,001 and $4,146. Sell scenario Scenario 1: I will sell Ethereum today upon reaching the entry point at $3,914, aiming for a decline to $3,779. I will exit short positions at $3,779 and buy during the dip. Before entering during a breakdown, confirm that the 50-day moving average is above the current price, and the Awesome Oscillator is below zero. Scenario 2: Selling is also possible from the upper border at $4,001, if there is no strong breakout, with downside targets of $3,914 and $3,779. The material has been provided by InstaForex Company - www.instaforex.com
  11. A well-known crypto analyst, Coach JV, is reminding XRP investors about the importance of patience and conviction in the crypto market. He warns that those who only chase quick profits or lack belief in their investments could face severe losses. He says people should only invest when they are ready to stay for a long time. Coach JV Warns XRP Investors To Build Conviction Or Stay Out Coach JV posted a clear warning on X to all XRP investors. He said, “If you’re not willing to hold for 10 years or haven’t built conviction in what you’re investing in, don’t get in. You’ll get wrecked.” His words mean that people who only want fast money or do not believe in what they are buying could lose a lot. He said that many traders lose because they act on emotion instead of reason. When prices drop, they panic and sell. When prices rise, they chase profits too fast. According to Coach JV, this kind of behavior always ends badly. He believes that only investors who truly trust what they invest in can survive the ups and downs of crypto. The XRP market has experienced many price swings, causing some investors to feel nervous. He tells XRP investors to stop reacting to short-term price changes and to build firm conviction in their choices. Coach JV’s message reminds crypto investors that being patient is not about waiting but about having a fundamental belief in patience. His simple advice to the XRP community is to stay calm, believe, and plan for the future. Long-Term Strategy: XRP, Bitcoin, And Solana As Core Plays In the same message, Coach JV shared more details about his personal investment approach. He said that XRP, Bitcoin, and Solana are his long-term plays. He says that Bitcoin is like his “supercharged savings account” and that he will never sell it. He has held Bitcoin for years while managing profits from smaller altcoins during major market rallies. He explained that when smaller altcoins rise sharply, he takes profits to strengthen what he calls his “cash and protection ecosystem.” Coach JV said that last Friday’s market activity was a perfect example of why patience and strategy are essential. It showed how being prepared can protect XRP investors when the crypto markets change quickly. Coach JV closed his message by repeating that discipline, patience, and conviction always beat emotion. His reminder to XRP investors and the broader crypto community is that they believe in their investments, think long-term, and not let short-term emotions ruin their plans. In a market full of uncertainty, Coach JV’s message could stand as a steady call for focus, conviction, and confidence in what XRP investors choose to hold.
  12. Earlier today, Bitcoin rapidly returned to the $110,000 mark. The start of the season of corporate reports in the US, which may turn out to be less positive than many expect, growing trade tensions between the US and China, and significant outflows from spot ETFs have all contributed to a renewed decline in risk appetite. Last week's historic crypto market crash is also still fresh in traders' minds. On Tuesday, US spot ETFs for Bitcoin and Ethereum saw a combined net outflow of $755 million. These withdrawals accelerated amid a sharp drop in open interest, indicating a reduction in leveraged positions. This shift has pushed many crypto traders into a defensive stance. Large institutional players — previously key drivers of Bitcoin and Ethereum's rally — now appear to be pulling capital out, putting considerable pressure on prices. While outflows are evident, they don't necessarily indicate a shift in long-term investment strategies or broad profit-taking. Withdrawals during panic phases are not unusual and often reflect short-term sentiment rather than structural changes. The decline in leverage suggests that traders are becoming more risk-averse, scaling back positions in anticipation of further price drops. After nearly $20 billion in long liquidations late last week, few would bet on an aggressive rally fueled by excessive borrowing — at least not in the near term. In the short term, the outlook for Bitcoin and Ethereum remains uncertain. Continued drops in open interest and ETF outflows may result in further downward pressure. Investors should remain cautious and account for potential volatility when making decisions. While the long-term outlook for the crypto market may still be positive, the current environment calls for prudence and a conservative approach. Macroeconomic tensions are also adding to the pressure. Renewed US-China trade frictions, underscored by 100% tariffs on Chinese imports and fresh reports of export restrictions from Beijing, are further dampening market sentiment. Trading recommendations Bitcoin technical outlook Buyers are currently targeting a return to $112,200, which would open the path to $114,200, followed closely by $116,300. The ultimate upside target is the $118,400 zone — a breakout above this level would confirm bullish market strength. In case of a decline, support is expected at $109,900. A breakdown below this area could quickly push BTC toward $108,600, with the final support level at $106,700. Ethereum technical outlook A solid close above $4,037 would open the door to $4,318. The most ambitious upside target lies at $4,403, a breakout of which would reinforce bullish momentum and attract increased buying interest. If Ethereum drops, buyers are expected around $3,858. A fall below this level could trigger a decline toward $3,717, with the final support zone near $3,505. What's on the chart The red lines represent support and resistance levels, where price is expected to either pause or react sharply. The green line shows the 50-day moving average. The blue line is the 100-day moving average. The lime line is the 200-day moving average. Price testing or crossing any of these moving averages often either halts movement or injects fresh momentum into the market. The material has been provided by InstaForex Company - www.instaforex.com
  13. Crypto analyst predicts a $2,000 $BNB based on chart similarities with gold and $XRP $BNB adoption explodes in 2025, with names like CEA Industries, Windtree Therapeutics, and Nano Labs planning treasuries worth hundreds of millions $BNB rebounded swiftly from last Friday’s market crash, after dropping as low as $1,024 BNB could tap into the $2,000s, according to EGRAG CRYPTO, who found glaring similarities between $BNB’s chart movement and that of gold. EGRAG found similarities between BNB and XRP as well, which also suggests a $2,000+ target if the momentum holds. History may support this prediction, given that BNB’s last four-year run kept the token under the trendline, before its breakout above $700 this February. But it was June 23 when $BNB unleashed its true potential, embarking on a several-months-long run, which resulted in a $1,330 ATH two days before October 10’s market crash. The dip that followed took the coin to $1,024, before a swift rebound above $1,300, making the beginning of the consolidation phase. As the market recovers and $BNB pushes on, Snorter Token’s ($SNORT) presale sees increased investor participation, after raising over $4.6M since its start date. Crypto Adoption and Speculation Fuels BNB’s 2025 Performance 2025’s crypto adoption wave is the primary catalyst behind BNB’s elevated growth rate over the past several months. For BNB specifically, CEA Industries is currently the largest holder, with a treasury of 480,000 tokens, valued at over $412M. But it’s not the only one planning long-term $BNB accumulation. Windtree Therapeutics already secured $200M from institutional investors to fuel its coming $BNB treasury, with the goal of offering shareholders ‘a unique opportunity to gain exposure to a BNB-focused crypto treasury strategy’. Then we have the Chinese Nano Labs and its $500M convertible note, creating the foundation of its BNB strategy. Nano Labs already made the headlines again one month later after securing 495,050 shares in CEA Industries to support its growing treasury. In this context, BNB’s 2025 performance is a lot more understandable. As analyst Nansen shows, BNB Chain leads in terms of DEX volume, with $675.9B in capital, 1,309% up since the start of October and this isn’t even the strongest point. That would instead be the 43% increase in the number of transactions, despite a clear decline in the number of active users. This suggests one thing: growing institutional or whale investments. BNB is clearly in the green, despite the seven-day chart saying otherwise; switch to the 1-year performance and you’ll see the bigger picture. With BNB on the front foot for 2026 and beyond, Snorter Token ($SNORT) comes as one of the next crypto to explode in 2025’s Q4. How Snorter Token Turns Coin Hunting Profitable Snorter Token’s ($SNORT) goal is to address the main problems associated with coin hunting: the high risk of scams, the newcomer-repellent technical complexity, and the unreliable performance from top-tier sniping tools. Welcome Snorter Bot, the friendly, sniper rifle-trained Aardvark with one mission in mind: track and bring down the hottest coins on the market in record time and with maximum accuracy. Unlike professional UIs like Jupiter and Raydium, the Bot can secure the kill milliseconds after liquidity becomes available. The friendly Aardvark also comes with integrated scam detectors, warning against suspicious projects and traps like rug pulls and honeypots. Because it operates from its Telegram chat-only, Snorter Bot centralizes everything in one place; no more juggling different wallets, plug-ins, and browser extensions. As a beginner trader, this coin sniffer is your best hunting friend with the lowest fees of any bot at launch (only 0.85%) and its Copy Trading feature, allowing you to steal other traders’ successful strategies. If you want to buy your $SNORT stack while the presale lasts, go to the official page and secure your tokens today. Based on the project’s utility and long-term growth map, the most realistic price prediction for $HYPER supports a $1.02 by the end of the year. Make that $1.5 or more by 2030, for a 5-year ROI of 1,290% based on today’s price. You can read about how to buy $SNORT right here if you want to invest. This isn’t financial advice. Do your own research (DYOR) and invest wisely. Authored by Aaron Walker, NewsBTC: https://www.newsbtc.com/news/bnb-aims-for-2000-as-next-crypto-to-explode-alongside-snorter-token
  14. Chile’s state-owned copper giant Codelco to fast-track automation at its El Teniente mine after a deadly collapse killed six workers, in what became Chile’s worst mining accident in decades. The miner is in talks with technology firms, equipment suppliers, and unions to accelerate efforts to remove workers from high-risk areas and expand the use of remote-controlled and automated systems, chairman Máximo Pacheco told Bloomberg News. “We plan to deepen and accelerate that process,” Pacheco said. “We’re already working on it — the goal is to remove people from the front line and replace that work with remote-controlled and automated systems.” The July 31 rock blast not only triggered a safety reckoning but also disrupted operations and caused financial losses at El Teniente, the world’s largest underground copper mine. The push toward automation is part of Codelco’s broader strategy to reduce rising costs as ore grades decline, forcing miners to extract more rock to produce the same volume of metal. While automation in open-pit mines has delivered significant cost savings through autonomous trucks and process systems, underground operations like El Teniente pose greater technical challenges and offer more limited gains. Still, Codelco sees increased automation as critical to maintaining output while improving safety. Global supply squeezed The collapse at El Teniente adds to a series of setbacks squeezing global copper supply just as demand surges, fuelled by the clean energy transition and rapid growth in data centres. In Indonesia, Freeport-McMoRan’s (NYSE: FCX) Grasberg mine halted operations after a fatal mudslide killed seven workers. In Peru, Hudbay Minerals suspended a mill at its Constancia mine due to political unrest. Seismic activity and flooding forced Ivanhoe Mines to temporarily shut down operations at its Kakula mine in May, leading to the withdrawal of its 2025 production forecast. Production at Chile’s Escondida mine — the world’s largest — dipped in August to 105,100 tonnes, slightly below July levels. Collahuasi, a joint venture between Anglo American (LON: AAL) and Glencore (LON: GLEN), posted a small monthly gain but remains well below last year’s output due to lower ore quality. Teck Resources (TSX: TECK.A, TECK.B)(NYSE: TECK) also slashed its 2025 copper production guidance after persistent challenges at its Quebrada Blanca and Highland Valley Copper operations. Benchmark Mineral Intelligence estimates global supply losses between September 8 and the end of 2026 could total nearly 600,000 tonnes. This is roughly equal to the projected 2026 output of Collahuasi, the world’s seventh-largest copper mine. Copper prices are approaching record highs, lifted by tightening supply, a weaker US dollar, and looser monetary policy. Goldman Sachs expects prices to range between $10,000 and $11,000 per tonne in 2026–2027 amid a short-term surplus, and maintains a bullish long-term view on the metal.
  15. October 10 will go down in crypto history as a day when traders were ravaged. It was more than a Black Swan event. It was an apocalypse, a day when even top altcoins melted, some dropping to as close as $0. Though HYPE price prediction, for example, are optimistic, the crypto market is still reeling from the sell-off. Some blame Donald Trump and White House insiders for accelerating this drop, while others squarely blame Binance, the world’s largest exchange, for all their woes and liquidations. In the midst of all this, Hyperliquid, the decentralized perpetual exchange rapidly amassing volume and taking on the big boys, is also in the midst of the storm. Being a transparent exchange where every position can be monitored, Hyperliquid is the choice platform where a mega short position was placed by a well-placed and well-informed crypto whale minutes before the big drop. DISCOVER: 9+ Best High-Risk, High-Reward Crypto to Buy in 2025 Is the White House Pumping Hyperliquid? HYPE Price Prediction To $50? Whether the funds belong to Jinn or his clients, as he claims, is irrelevant for now. Crypto traders were decimated on Friday, and it may take another few weeks before BTC and top Solana meme coins trade at new October 2025 highs. The fact that Jinn shorted BTC on Hyperliquid is why there are allegations that the White House could be backing the perpetual exchange, indirectly pumping HYPE prices. However, there is no credible evidence, for now, linking Donald Trump or the White House. The trader, Jinn, denied any ties with the First Family, adding that funds belong to clients, not him. Still, the involvement of the White House, the Trump Family, and a highly controversial topic associated with high-level crypto price manipulation, where the source is Hyperliquid, has brought more visibility to the perpetual exchange. Market Cap 24h 7d 30d 1y All Time HYPE crypto is in red at press time, and reversed sharply from October 13 highs. If HYPE USDT finds support above $30, HYPE crypto prices might recover to as high as $50. DISCOVER: 10+ Next Crypto to 100X In 2025 Is White House Pumping Hyperliquid? HYPE price prediction to $50? October 10 was a crypto Black Swan day, over $19bn liquidated Mega whale opened a near $1Bn short on Hyperliquid Crypto prices crashed after Trump announced new tariffs on China HYPE price prediction: HYPE crypto to $50? The post Is The White House Pumping Hyperliquid? Whale Denies Trump Insider Trading as HYPE Price Prediction Targets $50 appeared first on 99Bitcoins.
  16. The XRP market has witnessed an unexpected shakeup over the past few days, with Open Interest (OI) plunging over 50% in just one weekend. According to data from Coinglass, XRP’s futures open interest dropped to approximately $4.22 billion as of October 14. This sharp decline signals a negative shift in market sentiment, raising the question about whether XRP’s recent price recovery can hold amid shrinking derivatives activity. XRP Open Interest On Exchanges Crashes 50% The data from Coinglass paints a clear picture of massive deleveraging across the XRP futures market. From September until October 10, XRP’s open interest consistently fluctuated between $7 billion and $9 million, indicating heightened speculative activity. However, on October 11, the asset’s open interest crashed from $8.36 billion to $5.12 billion within 24 hours, representing a staggering 38.7% decline. Since then, the total open interest across exchanges has continued to trend downward, settling around $4.22 billion after crashing 50% from $8.36 billion on October 10. Binance, the largest exchange for XRP derivatives, mirrored this dramatic correction. Its open interest plummeted from $1.3 billion on October 8 to $607.21 million by October 14, marking a 53.4% collapse. The first major sign of stress appeared when open interest on Binance dropped from $1.27 billion on October 10 to $882.39 million on October 11, marking a roughly 30% loss overnight. Since that steep decline, the exchange has seen little sign of renewed speculative appetite. Notably, the decline in XRP exchange open interest coincided with its weekend price crash, when it fell from $2.4 to as low as $0.8 in a single day before rebounding above $1.5. Although XRP has since recovered to $2.46 as of writing, open interest continues to spiral downwards, reflecting a deep shift in market sentiment toward caution and fear. This also suggests that the current XRP price rally is driven more by spot buyers than leveraged traders, indicating that traders who shorted the market are being forced to buy back their positions. XRP Price Rally Hinges On $2.65 Breakout On the technical front, XRP’s daily chart on Binance suggests that the cryptocurrency may be nearing a critical turning point. According to crypto analyst Matthew Dixon, XRP bulls are now testing the $2.65 resistance zone after a significant corrective pattern. The analyst’s chart shows that XRP’s recent price action completed a large WXY corrective wave, followed by a sharp rebound from its weekend low. Currently, the cryptocurrency is trading above $2.45, struggling to sustain momentum above the key $2.65 barrier. The analyst has indicated that a successful breakout and retest of this key resistance level could trigger rapid price acceleration, potentially driving XRP toward new all-time highs.
  17. The Reform UK Leader Nigel Farage has shifted his focus from dominating his political adversaries to appealing to British crypto investors, declaring, “I am your champion”. This move comes as the man tipped to be the UK’s next Prime Minister adopts a similar strategy to President Trump’s in garnering election support from digital asset investors. In remarks made yesterday (October 13), at the Digital Asset Summit in London, Farage touted his plans to create a state-owned Bitcoin .cwp-coin-chart svg path { stroke-width: 0.65 !important; } .cwp-coin-widget-container .cwp-graph-container.positive svg path:nth-of-type(2) { stroke: #008868 !important; } .cwp-coin-widget-container .cwp-coin-trend.positive { color: #008868 !important; background-color: transparent !important; } .cwp-coin-widget-container .cwp-coin-popup-holder .cwp-coin-trend.positive { border: 1px solid #008868; border-radius: 3px; } .cwp-coin-widget-container .cwp-coin-trend.positive::before { border-bottom: 4px solid #008868 !important; } .cwp-coin-widget-container .cwp-coin-price-holder .cwp-coin-trend-holder .cwp-trend { background-color: transparent !important; } .cwp-coin-widget-container .cwp-graph-container.negative svg path:nth-of-type(2) { stroke: #A90C0C !important; } .cwp-coin-widget-container .cwp-coin-popup-holder .cwp-coin-trend.negative { border: 1px solid #A90C0C; border-radius: 3px; } .cwp-coin-widget-container .cwp-coin-trend.negative { color: #A90C0C !important; background-color: transparent !important; } .cwp-coin-widget-container .cwp-coin-trend.negative::before { border-top: 4px solid #A90C0C !important; } Bitcoin BTC $111,567.87 2.01% Bitcoin BTC Price $111,567.87 2.01% /24h Volume in 24h $71.20B Price 7d Nigel Farage Crypto Plans Include Kybosh on Bank of England’s Digital Currency Plans “When it comes to your industry, when it comes to growth in this industry, then I am your champion,” he told the conference on Monday. “We will effectively bring crypto in from the cold.” At the conference, Farage also spoke out against the Bank of England’s central bank digital currency plans. The BoE is exploring whether to create a coin that would essentially act as digital cash, a move Farage said “will be the ultimate authoritarian nightmare”. He vowed to “stop it overnight” if the Reform Party wins the next general election. He also criticized current Prime Minister Sir Keir Starmer’s controversial digital ID plans, arguing that they would give the government excessive control over individuals. Similarly, Trump has banned the creation of a central bank digital currency in the US. Farage stated that the Bank of England’s proposed limit on the amount of stablecoins that individuals and companies could hold is “frankly ridiculous.” He mentioned that he had discussed this issue with the Bank of England’s governor, Andrew Bailey. Appealing to crypto enthusiasts in the UK is likely to see the Reform UK membership surge even further beyond its current 260,000 count. It has already increased greatly in 2025, highlighting the growing strength of the party, and adding the British crypto crowd to its member list will likely see it overtake Labour before the year is out. (SOURCE: Reform UK) DISCOVER: Top Solana Meme Coins to Buy in October 2025 Reform Could See the Return of Hundreds of Crypto Firms That Have Fled the UK in the Face of Harsh Regulation UK regulators are under pressure from crypto advocates to be open to digital assets, as Trump has embraced the sector and the EU has instituted a single regulatory process for crypto, under the MiCA framework. Hundreds of crypto companies operate or have offices in Britain, from exchanges such as Coinbase, MoonPay, and Kraken to market makers B2C2 and GSR. Although hundreds more have fled the UK in the face of unclear and unfair regulation, relocating to the Middle East, Cyprus, Malta, and even further afield in some cases. Farage’s wooing of British crypto investors mirrors the approach of Trump, who spoke at a Bitcoin conference ahead of the US election last year, which was a huge success and a pivotal moment in his landmark election win. Reform UK, which is storming ahead in the polls, is the only major British party that accepts crypto donations, another hint toward the party’s acceptance of a technology that is here to stay. The next general election is not expected until 2029. Currently, Farage is expected to become the next UK Prime Minister, according to YouGov data, which shows that 27% of individuals polled have Reform as their voting intention, surpassing Labour by 10 percentage points, with just 17% supporting Labour. (SOURCE: YouGov) DISCOVER: 16+ New and Upcoming Binance Listings in 2025 Nigel Farage Crypto Plans: Reform Crypto Bill Aims to Establish National Bitcoin Reserve Reform’s crypto bill proposes creating a national BTC reserve fund using the roughly £5bn worth of Bitcoin that the government has seized from criminals. The party has also proposed setting a flat rate of 10% for capital gains tax on crypto gains, rather than making it dependent on the type of activity and an individual’s income. In an attempt to reignite innovation, Reform has also proposed a two-year regulatory sandbox. This would see a two-year Blockchain Financial Services Sandbox open to large financial institutions and designated firms, granting temporary relief from selected rules while maintaining core AML/CTF safeguards. This will give the City of London the opportunity to catapult itself back to being a global leader in finance, fit for the new digital age. Within 90 days of the sandbox ending, regulators must publish findings and propose permanent reforms. Another key component of Farage’s crypto bill is that it will be illegal for banks and payment providers to deny or withdraw services solely because a customer deals in lawful cryptoassets. The burden of proof will lie with the bank to show any refusal is for legitimate, non-crypto reasons. This means no bank can de-bank a consumer simply because they wish to own, trade, or transact in crypto. It is a huge problem currently in the UK, with many high street banks outright refusing to sanction deposits and withdrawals to legitimate cryptocurrency exchanges, and in some cases, accounts being closed down due to lawful ties to digital assets. EXPLORE: 10 Best AI Crypto Coins to Invest in 2025 Join The 99Bitcoins News Discord Here For The Latest Market Updates The post Nigel Farage Crypto Saviour for the UK: Reform Leader Declares “I am Your Champion” appeared first on 99Bitcoins.
  18. Stock indices fall amid new restrictions from ChinaUS stock indices, including the S&P 500 and Nasdaq, showed slight growth on Friday, but futures are retreating today due to new shipping restrictions introduced by China. This has raised concerns about escalating trade tensions between the US and China, putting pressure on risk assets. Investors are exercising caution as they await the White House's response to Beijing's actions. Follow the link for details. Investor optimism holds despite trade risksThe US Treasury Secretary stated that the implementation of additional tariffs against China may be postponed, which temporarily supported optimism in the stock market. Analysts at Morgan Stanley warn that prolonged trade disputes could lead to an 8-11% correction in the S&P 500. However, expected growth in corporate earnings may help offset market pressure. Experts note that the technology and industrial sectors will remain in focus for investors. Follow the link for details. As a reminder, InstaForex provides the best conditions for trading stocks, indices, and derivatives, helping traders profit effectively from market volatility. The material has been provided by InstaForex Company - www.instaforex.com
  19. Following Morgan Stanley’s recent advice to clients to allocate 2-4% of their investment portfolios to crypto, another Wall Street banking institution is pivoting to the crypto industry. Citigroup has announced plans to launch digital asset custody services by 2026. JP Morgan and US Bank have already begun offering crypto infrastructure services. Now, it seems entirely possible that more banks will follow suit! Citi Bank Global Head of Partnerships and Innovation, Biswarup Chatterjee, confirmed the bank’s intentions to enter the crypto space with custody services, which have been in development for two to three years now, according to a CNBC report. This move will enable the bank to hold Bitcoin and Ethereum on behalf of asset managers and other institutional clients. “We have various kinds of explorations underway, and we’re hoping that in the next few quarters, we can come to market with a credible custody solution that we can offer to our asset managers and other clients,” said Chatterjee. DISCOVER: 15+ Upcoming Coinbase Listings to Watch in 2025 Morgan Stanley Officially Recommends Exposure To Crypto One of the world’s oldest investment institutions, Morgan Stanley, has advised clients to allocate 2-4% of their investment portfolios to crypto. With a strong spotlight on Bitcoin as a “scarce asset, akin to digital gold,” Morgan Stanley’s suggestion is a pivot in Wall Street’s stance toward digital assets. On 5 October 2025, Morgan Stanley’s Global Investment Committee (GIC) formally released a set of portfolio allocation guidelines, wherein “opportunistic growth portfolios were suggested up to 4% crypto allocation.” Meanwhile, Bitcoin price (BTC) climbed to a new all-time high overnight, reaching about $125,700 during Sunday’s Asia session before pulling back to the low $123,000 range. Commenting on the Morgan Stanley’s pivot, Bitwise CEO Hunter Horsley said, “This is huge. New Special Report from Morgan Stanley GIC: “we aim to support our Financial Advisors and clients, who may flexibly allocate to cryptocurrency as part of their multi asset portfolios.” GIC guides 16,000 advisors managing $2 trillion in savings and wealth for clients.” In Horsley’s opinion crypto is entering into its mainstream era. EXPLORE: Best Crypto To Buy in Q4 2025 Key Takeaways Citi’s custody announcement builds upon the bank’s existing blockchain infrastructure, particularly its “Citi Token Services” platform, which already enables 24/7 international money movement for institutional clients. Citi’s stablecoin strategy received a boost when it joined a coalition of nine European lenders developing a regulated euro-based stablecoin, planned for launch in mid-2026. The post Another Wall Street Pivot: Citi Plans To Launch Crypto Custody Services In 2026 appeared first on 99Bitcoins.
  20. During last week’s market downturn that saw HYPE prices plummet towards $20, Hyperliquid reportedly maintained 100% uptime with zero bad debt, as stated by the platform’s founder, Jeff Yan. However, in a post shared on social media site X (formerly Twitter), Yan also raised concerns about certain centralized exchanges (CEXs), suggesting they may have underreported liquidation data during this volatile event. The Liquidation Debate In his remarks, the platform’s founder highlighted that Hyperliquid operates on a blockchain where every order, trade, and liquidation occurs visibly on-chain, allowing anyone to permissionlessly verify the execution of these processes. Yet, Yan identified a troubling trend among some CEXs, which he claims publicly document a drastic underreporting of user liquidations. He took Binance’s example, noting that even when thousands of liquidation orders occur simultaneously, only one is reported due to limitations in its data stream. The platform’s founder asserted that this can obscure the actual volume of liquidations, particularly during high-volatility events like the recent flash crash, leading to a potential underreporting factor of 100 times. In response to Yan’s criticism, Binance former CEO and founder Changpeng Zhao (CZ), addressed the issue, stating, Some people ask why is #BNB so strong? While others tried to ignore, hide, shift blame, or attack competitors, the key @BNBChain ecosystem players (Binance, Venus, and more) took hundreds of millions out of their own pockets to PROTECT USERS. From Binance To Hyperliquid This exchange comes on the heels of a major drop on broader crypto prices last Friday, which saw the Bitcoin (BTC) price drop from $122,000 to $102,000 on exchanges like Binance, leading to the liquidation of over $19 billion in leveraged positions. Amid the chaos, Jeff noted that Hyperliquid reportedly managed a trading volume between $50 and $70 billion without any downtime or disruption. In contrast, Binance faced temporary technical issues that left some users unable to close their positions. Hyperliquid’s founder has a history with Binance, having participated in the Binance Labs Investment Incubation Program in 2018. During this period, he, along with co-founder Brian Wong, aimed to develop Deaux, a decentralized prediction market product. Their vision was to create a platform that facilitated collaborative betting within an international liquidity pool using cryptocurrency. Throughout their time in the Binance Incubation Program, they emphasized the importance of user experience while exploring the benefits of decentralization. Their product sought to mirror the user-friendly interface of centralized exchanges like Binance—offering low fees and real-time feedback—while ensuring security through blockchain smart contracts and incorporating decentralized democratic voting for settlement. At the time of writing, HYPE is still recording weekly losses of 14%, with the token trading at around $41.88. However, it has recovered by over 4% in the last few hours, although all-time high levels are still 28% away. Featured image from DALL-E, chart from TradingView.com
  21. Canada’s Capstone Copper (TSX:CS) (ASX:CSC) has struck a deal worth up to $360 million with Orion Resource Partners, granting the private equity firm a 25% stake in the Santo Domingo and Sierra Norte copper projects in Chile. The transaction reduces Capstone’s upfront capital requirements at Santo Domingo and strengthens its ability to fund development and exploration across the Mantoverde–Santo Domingo district in Chile’s Atacama region. Orion will pay $225 million following a positive FID, contribute an additional $75 million within six months, and provide up to $60 million in milestone-based contingent payments. It will also invest $10 million in new Capstone shares at a 5% premium, supporting near-term exploration at both projects. Capstone chief executive officer Cashel Meagher called Santo Domingo the company’s “next pillar of transformational growth”, highlighting its low projected cash costs and proximity to Mantoverde, just 35 km away. He said the same team that built Mantoverde will oversee construction and ramp-up at Santo Domingo. Orion chief investment officer Istvan Zollei expressed confidence in Capstone’s ability to deliver a high-quality copper asset aligned with the global energy transition. The deal cuts Capstone’s equity requirement for Santo Domingo to about $400 million, assuming project financing and pro rata contributions. Capstone also retains a buy-back right, allowing it to regain full ownership after commercial production, with terms ensuring Orion earns a set return. Once the transaction closes, Orion’s ownership in Capstone will edge up from 11.9% to 12% Discount valuation flagged Jefferies analysts said the deal appears discounted, pointing to potential reasons such as jurisdictional risk, project complexity, and the buy-back clause. They compared the valuation unfavourably to Hudbay Minerals’ $600 million sale of a 30% stake in its fully permitted Copper World project in Arizona to Mitsubishi, which achieved a higher price-to-net-asset-value (P/NAV) multiple. Jefferies values Santo Domingo’s NAV at $1.6 billion after accounting for the existing stream with Wheaton Precious Metals. This pegs Orion’s 25% stake at $408 million. The initial $225 million cash payment reflects a 0.6x P/NAV multiple, rising to 0.7x if contingent payments are included, the analysts said. The deal was announced late Monday. Capstone shares rose 3.43% on Tuesday in Australia, closing at A$14.50. The Toronto Stock Exchange was closed for Canadian Thanksgiving. Capstone has a market capitalization of C$9.7 billion ($6.9 billion).
  22. Overview: The markets wanted to believe that the President Trump and Treasury Secretary Bessent were right, China overreacted with the broadening and tightening of export licensing requirements for critical materials and de-escalation would result. But this does not seem to be the case. The risk-off mood has sent stocks tumbling and bonds rallying. The dollar is mostly firmer. The dollar-bloc currencies, and especially the Australian dollar, and the Scandis, are lower, where the sell-off in oil (Nov WTI is off more than 2%) to its lowest level in four months (~$58) has taken a toll on the Norwegian krone. Most emerging market currencies are lower, led by the Mexican peso's 0.65% pullback. Note that France's Prime Minister Lecornu will present the budget to the National Assembly around 9:00 am ET today, and the euro may be sensitive to its reception. Despite the US equity rally yesterday, Asia Pacific equities sold off sharply today. The Nikkei is off almost 2.6%, and the Hang Seng was taken for 1.7%. China's CSI 300 fell 1.2%. The only large bourse to gain was Australia's. Europe's Stoxx 600 is giving back yesterday's 0.4% gain, The S&P 500 futures are off around 0.8% and the Nasdaq futures are off a little more than 1%. Benchmark 10-year yields are off most 3-4 basis points in Europe, though the rise in UK unemployment has seen the 10-eyar Gilt yield slide more than six basis points. The 10-year US Treasury yield is nearly three basis points lower to flirt with the 4%, which it has closed below once this year (April's "Liberation Day"). Gold reached a new record near $4180, though silver has reversed lower after reaching almost $53.55. USD: Last Thursday's range in the Dollar Index (~98.70-99.55) is still key. The inside days recorded last Friday and yesterday looks like a continuation pattern rather than a reversal. The daily momentum indicators look stretched but do not rule out a push higher. The August 1 high was near 100.25. With the US government still closed, the data calendar has been thinned. Today’s calendar features the NFIB measure of small business confidence and tomorrow sees the Empire State Fed survey. Meanwhile, the US begins collecting tariffs on imported timber, lumber, kitchen cabinets, vanities, and upholstered furniture today. The levy is set at 25% for some products and 10% for softwood timber and lumber. And increase in January has been pre-announced. The National Association of Home Builders estimates that 7% of all goods in new residential construction are imported. Note the exemptions, Wooden furniture imports from the UK have a 10% tariff, while a 15% tariff is assigned to such imports from Japan and the EU. EURO: The euro is trading heavily. It has tested last Thursday's low slightly above $1.1540. There may be some support in the $1.1515-20 area, but the risk extends to the August 1 low a little below $1.1400. It seems caught between the US and China on one hand, and Russia's war on Ukraine and its hybrid war on Europe. Poor economic data does it no favor, and the Dutch control of China-owned Nexperia set a dangerous precedent given the number of European and American companies with operations in China. Germany's October ZEW survey was reported earlier today. The current assessment deteriorated for the third consecutive month, and at -80.0 it is the weakest since May. The expectations component improved to 39.3 (from 37.3). The peak since Russia's invasion of Ukraine in 2022 was in May at 52.7. Meanwhile, France's President Macron has a new government but has not made fresh concessions to secure a majority. It is still not clear that Prime Minister Lecornu will survive a confidence vote, likely later this week. He is to speak to the National Assembly at 9:00 AM EST to present the budget draft. CNY: The dollar remains in the range set last Thursday and Friday against the offshore yuan (~CNH7.1240-CNH7.15). Beijing has not weaponized the exchange rate. Yesterday, the PBOC set the dollar's reference rate at its lowest level since last November (~CNY7.1007). Today's fix was at CNY7.1021. The US administration is claiming that China made a mistake on broadening and tightening controls on the export of critical minerals. Instead, it seems like the 100% tariffs that President Trump threatened before the weekend was mistake, and yesterday US Vice President Vance suggested that the tariffs may not have to be implemented. Moreover, before the weekend, President Trump saw no need to meet with President Xi on the sidelines of APEC, but now it seems he does. As we have suggested since earlier this year, China has found it easier to replace US demand and US goods, including soy, beef, and energy, than it is for the US to replace China's supply of processed rare earths. China's exports to the US have fallen by more than a quarter, while overall exports have risen by 8.3%. The fact that semiconductors and AI need these processed rare earths would seem to give China escalation dominance, at least for the time being. While the focus has been on rare earths, the levies on port calls went into effect today, and China targeted five US entities of Hanwha Ocean. Turning to China's domestic data, September CPI and PPI will be reported the first thing tomorrow. Deflationary conditions are expected to have persisted. JPY: The key downside reversal the dollar posted against the yen before the weekend proved for naught yesterday. The greenback settled near JPY151.20 at the end of last week and opened yesterday around JPY151.65, which was also yesterday's low. It reached almost JPY152.45 yesterday, nearly the (61.8%) retracement of last Friday's sharp drop. Today, the dollar has traded on both sides of yesterday's range but remains within last Friday's range (~JPY151.15-JPY153.25). and the close is important from a technical point of view Japan's market reopened today from yesterday's holiday. Japan's domestic politics are in disarray after the quarter-of-a-century coalition between the LDP and the Komeito party collapsed over funds in politics. Komeito is threatening not to support Takaichi's bid for prime minister and will not encourage members to vote for LDP candidates. It is not clear that the opposition can unite behind a single candidate. She will likely still become prime minister but passing legislation may be more difficult. GBP: Sterling gave back about half of its pre-weekend gains yesterday at around $1.3315. The (61.8%) retracement is near $1.3300. The disappointing jobs data today has sent sterling slightly below $1.3255, its lowest level since August 1. Support is seen in the $1.3180-$1.3200 area. The UK reported steady average weekly earnings growth accelerated to 5.0% from a revised 4.8% (from 4.7%) three-months year-over year, while excluding bonuses, it slipped to 4.7% from 4.8%). The ILO measure of unemployment ticked up to 4.8% from 4.7%, its highest since Q1 21. Employment growth slowed to 91k over the months through August compared 232k previously, its slowest since April. September jobless claims rose by 25.8k after falling a revised 2k in August (revised from 17.4k). In the swaps market, the odds of a rate cut this year from about 28% yesterday to almost 39% today. CAD: The dollar has settled above CAD1.40 for the past three sessions. Today, it reached slightly above CAD1.4065, a new six-month high, and approached initial resistance near CAD!.4080. Potential may exist into the CAD1.4150-65 area. The daily momentum indicators are stretched but have not turned down. With US equity indices selling off after yesterdays, gain, a risk-off mood may also be a drag on the Canadian dollar. Canada's stronger than expected September jobs data reported before the weekend had marginal impact at best. And despite the mostly firmer greenback yesterday, when both Canadian and US banks were closed, the Canadian dollar traded in the middle of the G10 currency pack, performing worst within the dollar bloc. The swaps market downgraded the chances of a Bank of Canada rate cut to about 40% from almost 58% before the employment data, but the impact on the exchange rate has been minimal. AUD: The Australian dollar tumbled from around $0.6610 last Thursday to slightly below 0.6475 before the weekend. Yesterday's recovery overshot the (38.2%) retracement of the two-day decline, found near $0.6525. It peaked in front of $0.6535 and spent most of the North American session chopping between about $0.6505 and $0.6525. As it is clearer today that US-China tensions continue to escalate, the Australian dollar has been sold to $0.6450, its lowest level August 22. The next area of support is seen in the $0.6415-30 area The minutes from the recent Reserve Bank of Australia meeting failed to have much impact on the futures market. The odds of a rate cut next month were shaved to about 43% from a little more than 50% yesterday. from almost 43% before the weekend. Whether it is sustained may depend on the September jobs data due early Thursday. MXN: The risk-off that sent the greenback to almost MXN18.64 before the weekend, subsided yesterday, with a surge in US stocks. The dollar fell to nearly MXN18.43 yesterday. This practically the (6.18%) retracement of the dollar's rise from last Thursday's low near MXN18.30. But risk-off is back today and the US dollar has approached MXN18.60 in European turnover today. Initial resistance above last Friday's high is seen near MXN18.66. Most of the major currencies in Latam rallied yesterday, led by a 5.3% rally in the Argentine peso, amid speculation that the US assistance reduces the tail risks ahead of the parliament election on October 26. The Brazilian real rose by over 1%. It had been slammed for 2.8% before the weekend, amid the risk-off mood and fiscal concerns. The US dollar reached a two-month high slightly above BRL5.52 before the weekend and retreated to almost BRL5.45 yesterday. Disclaimer
  23. Binance Coin (BNB) climbed to a fresh record on Monday, hitting $1,370 after briefly topping $1,355. According to reports, the move came even as the wider crypto market took a heavy blow — a nearly $20 billion wipeout tied to leveraged positions — leaving many tokens under pressure while BNB pushed onward. The token also stood out in the top 20 by market cap by closing the week with a 10% gain. BNB Inks New Highs Traders watching price charts pointed to a string of strong moves. After a rally to $860 in July, BNB fell about 14% to $728 and then resumed its rise. It later reached $1,075 before pulling back to $930, and it rode that momentum into the early October peak. During the market-wide sell-off that followed, BNB dipped back toward $855 but then recovered and surged to the current all-time high of $1,375, before easing to around $1,272 in the latest swings. Based on reports, the token has shown repeated cycles of sharp advances followed by manageable declines — a pattern some traders read as an ongoing bull run. Traders Spot Parabolic Upswing A number of market voices have described the most recent pattern as parabolic. One prominent trader, posting under the name Big Wiz, said BNB “swallowed” last week’s crash and then went on to print new highs. Charts shared by analysts show steep curves and quick pullbacks, which have been met with buying rather than long-lasting sell pressure. This type of action has led to talk of a “Binance supercycle,” though that phrase is speculative and remains unproven. Some market participants say the rally reflects genuine demand for the token. Others worry that concentrated buying or internal factors could be inflating prices. Speculation And Skepticism Remain Reports have disclosed that not everyone agrees on the cause of the rally. Some investors point to active product launches and community interest on BNB Chain as drivers. Others say promotion and market attention could be pushing prices higher without a broad base of support. The claim that BNB is the only top 20 asset to end the week in the green with an 10% rise is a clear data point, but it does not explain the full story behind trader behavior. CZ Sees Strength In BNB Changpeng Zhao, the founder and former CEO of Binance, has commented publicly about BNB’s performance. He has argued that the token’s design, its community, and deflationary aspects support price action. He also suggested that the chatter and fear around BNB have sometimes led to more buying. Featured image from Getty Images, chart from TradingView
  24. Konstantin Galich, a prominent Ukrainian crypto trader, has been found dead inside a Lamborghini Urus just days after a historic crypto market crash, with officials now treating the incident as a possible suicide, according to local police. Galich, better known as Kostya Kudo, was found in his $200,000 supercar, in the Obolonskyi district of Kyiv, on October 11, with a gunshot wound to the head. Rumors are circulating that his death may have been foul play, as Galich was known to manage the funds of many high-profile Ukrainian individuals. The Black Swan event that took place on October 10 saw nearly $20Bn liquidated from crypto traders, as Bitcoin .cwp-coin-chart svg path { stroke-width: 0.65 !important; } .cwp-coin-widget-container .cwp-graph-container.positive svg path:nth-of-type(2) { stroke: #008868 !important; } .cwp-coin-widget-container .cwp-coin-trend.positive { color: #008868 !important; background-color: transparent !important; } .cwp-coin-widget-container .cwp-coin-popup-holder .cwp-coin-trend.positive { border: 1px solid #008868; border-radius: 3px; } .cwp-coin-widget-container .cwp-coin-trend.positive::before { border-bottom: 4px solid #008868 !important; } .cwp-coin-widget-container .cwp-coin-price-holder .cwp-coin-trend-holder .cwp-trend { background-color: transparent !important; } .cwp-coin-widget-container .cwp-graph-container.negative svg path:nth-of-type(2) { stroke: #A90C0C !important; } .cwp-coin-widget-container .cwp-coin-popup-holder .cwp-coin-trend.negative { border: 1px solid #A90C0C; border-radius: 3px; } .cwp-coin-widget-container .cwp-coin-trend.negative { color: #A90C0C !important; background-color: transparent !important; } .cwp-coin-widget-container .cwp-coin-trend.negative::before { border-top: 4px solid #A90C0C !important; } Bitcoin BTC $111,567.87 2.01% Bitcoin BTC Price $111,567.87 2.01% /24h Volume in 24h $71.20B Price 7d Learn more , and SOL, staying away from memecoins, low caps, and high leverage. However, the Black Swan event on October 10 was so severe that even the most risk-averse traders were caught off guard. Due to the volatility on exchanges, many stop losses weren’t triggered, resulting in traders being liquidated before any stop loss could be activated. So not only was Konstantin Galich’s personal fortune likely hit hard in the crash, but there is a strong chance that the trader also lost millions of dollars in funds belonging to his business associates. There is growing chatter online that Galich may have been murdered by one of these associates as revenge for losing their money, and that the Ukrainian intelligence services may have even played a role in his death. Even if Konstantin Galich death is eventually ruled a suicide, the young crypto trader may have done so out of fear for his associates and how they would react to him losing such a vast amount of money. EXPLORE: Best Meme Coin ICOs to Invest in October Join The 99Bitcoins News Discord Here For The Latest Market Updates The post Konstantin Galich: Suicide or Murder? Foul Play in Ukrainian Crypto Traders Death? appeared first on 99Bitcoins.
  25. According to most news reports, today, the crypto markets are still reeling after last week’s violent downturn. Bitcoin price fell nearly 15%, touching lows near $105,000 in seconds, rattling the market in a bad way. The timing couldn’t have been more unsettling as reports soon emerged of a crypto mogul found dead in Ukraine, deepening the sense of crisis. The man, identified as Konstantin Galish, was discovered inside his Lamborghini with what police have called a self-inflicted wound. This news sent another shockwave through the already-stressed crypto community. Over the last 7 days, we saw a few suicides and stories of traders leaving crypto after huge losses in the aftermath of the market crash. Learn more fell from around $122K to under $110K, causing fear and panic throughout the market. Galich is alleged to have been severely affected by the crash from both a personal and business perspective. Market Cap 24h 7d 30d 1y All Time Read the full story here. The post Crypto Market News Today, October 14: Bitcoin Price Crash Aftermath, Crypto Mogul Found Dead, Whale Adds Another Short | Reversal Coming? appeared first on 99Bitcoins.
  26. On Monday, the EUR/USD pair made another reversal in favor of the US dollar, consolidating below the 61.8% Fibonacci retracement level at 1.1594. Thus, today the decline may continue toward the next retracement level of 76.4% — 1.1517. A consolidation above 1.1594 would favor the euro and open the way for further growth toward the resistance level of 1.1645–1.1656. The wave structure on the hourly chart remains simple and clear. The last completed upward wave failed to surpass the previous peak, while the new downward wave broke the prior low — meaning the trend is still bearish. Recent labor market data and the shifting outlook for the Fed's monetary policy support bullish traders, so I expect a trend reversal to a bullish one. To confirm the end of the bearish trend, the price must consolidate above the last peak — 1.1779. On Monday, there were very few notable events, though one worth mentioning was the apparent end of the French political crisis. The resigned Prime Minister Sebastien Lecornu, who had served only 27 days, has once again been appointed Prime Minister. This ironic twist concluded an event that many traders had considered the true cause of the euro's recent decline. Yet, while the political crisis has ended, the euro continues to fall — meaning the reason likely lies elsewhere. Bears continue their offensive without informational support — but what's the point in denying the obvious? They truly lack backing, yet nothing prevents them from pressing forward. Therefore, as long as the trend remains downward, another decline remains entirely possible regardless of the news background. Today's key event will be Jerome Powell's speech, but the FOMC Chair is unlikely to offer support to either bulls or bears. He had such opportunities in recent weeks, yet Powell's rhetoric remains unchanged — the Federal Reserve will make decisions based solely on economic data, and nothing else. On the 4-hour chart, the pair has consolidated below 1.1680, which allows traders to expect further decline toward the 127.2% retracement level at 1.1495. The CCI indicator is showing signs of an emerging bullish divergence, which could halt the current downward movement. A close above 1.1680 and above the descending trend channel would favor the euro and signal a potential resumption of the bullish trend, targeting the 161.8% retracement level at 1.1854. Commitments of Traders (COT) Report During the latest reporting week, professional traders closed 789 long positions and opened 2,625 short positions. Despite this, the sentiment of the Non-commercial group remains bullish, largely thanks to Donald Trump, and continues to strengthen over time. The total number of long positions held by speculators now stands at 252,000, compared to 138,000 short positions — nearly a two-to-one ratio. Also, note the large number of green cells in the upper table, indicating strong accumulation of long positions in the euro. In most cases, interest in the euro is growing, while interest in the dollar is declining. For thirty-three consecutive weeks, major players have been reducing short positions and increasing long positions. Donald Trump's policies remain the most significant factor for traders, as they could create a host of long-term, structural problems for the US. Despite the signing of several major trade agreements, many key economic indicators continue to show declines. Economic Calendar for the US and the Eurozone Eurozone: Germany – Consumer Price Index (06:00 UTC)Germany – ZEW Economic Sentiment Index (09:00 UTC)United States: FOMC Chair Jerome Powell's Speech (16:20 UTC)The October 14 economic calendar includes several entries, though only Powell's speech stands out as a significant event. The news background may influence market sentiment on Tuesday. EUR/USD Forecast and Trading Recommendations Sell positions are possible today after a rebound from the 1.1594 level on the hourly chart, with a target of 1.1517. Buy positions can be considered upon a close above 1.1594, targeting 1.1645–1.1656. Fibonacci grids are constructed between 1.1392–1.1919 on the hourly chart and 1.1214–1.0179 on the 4-hour chart. The material has been provided by InstaForex Company - www.instaforex.com
  27. In the chaotic aftermath of last week’s market-wide wipeout, one granular forensic stands out: order-book depth on major venues thinned to “air,” letting relatively modest market orders rip through price levels with almost no resistance. The phenomenon, captured by independent market analyst Dom (@traderview2) on X, is now central to a stark takeaway for XRP: under the same microstructure conditions, price can mechanically gap as easily to $1.19 as to $20. It is not a forecast; it’s a statement about how quotes, liquidity, and matching engines behave under stress. XRP Price May Gap To $1.19 Or $20 Dom’s post reconstructing the XRP leg of the move uses Binance Futures’ order-book depth to illustrate the dynamic. “XRP orderbook depth on Binance Futures during the crash. Prime example of ‘liquidity evaporation’,” he wrote, noting that for more than two hours pre-cascade, there was roughly “$50–60M in liquidity within 5% of price on both sides. Stable, deep book.” The hour everything broke was different. “Look closely right before 21:00 during that first leg down, nearly 20M USD market sold (shorts entering/longs liquidated). Bid side (blue) goes from $50M to near zero… At this point, XRP is near $2.50 while all liquidity under it is basically gone, air.” Minutes later, with “more sells… trickling into a basically air pocketed book,” price slid from “$2.50 to $1.19. Nobody replenished the book. MMs either pulled or just walked away to protect. These markets really are more fragile than most think,” he wrote. The same thread and follow-ups widened the lens to cross-venue behavior. Dom highlighted a striking divergence on the Dogecoin tape: “DOGE nuked to $0.09 on Binance, OKX, Bybit and Kraken… Coinbase was trading over 40% higher. Their market makers were either running a completely different playbook or protecting the books. That divergence wasn’t random and someone kept the floor intact.” The implication is not that aggressive buyers or sellers “controlled the move,” but that quote providers—market-making algorithms with the discretion to pull or reprice quotes—dictated where executable liquidity actually existed as prices gapped. That framing also addresses a common post-mortem question from traders staring at cumulative volume delta (CVD) prints that went vertical even as prices fell: net buy pressure can rise while price still drops if the best offers are yanked and re-quoted lower in milliseconds, forcing buyers to chase a descending ask. As Dom put it in a separate explainer on DOGE, “Liquidity was pulled and repriced lower in milliseconds, over and over again. Doesn’t matter how much you buy. The closest ask keeps sliding down faster than you can hit it… Price doesn’t fall because of ‘selling’—it falls because the ground itself keeps disappearing. […] My analysis so far supports the case this was happening with many coins…” The logic is symmetric: when quote liquidity vanishes above price, upside gaps can be as mechanically abrupt as downside air-pockets—hence Dom’s answer to whether a $2 to $10 or even $20 spike could happen “on the way up”: “Technically speaking, yes.” At press time, XRP traded at $2.46.
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