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The European currency declined over the past week; however, it continues to attract demand among market participants overall. Most economists believe that by the end of the year, the euro will surpass the psychological barrier of $ 1.20. I fully agree with this view. In fact, I expect the European currency to trade even higher than 1.22 dollars by year-end. But let's not get ahead of ourselves. As I have already mentioned in my reviews this week, the euro's decline was, to some extent, an accident. Several factors converged at once: the pound's weakness, a strong U.S. GDP report, Jerome Powell's statements that were not sufficiently dovish, and the market's bearish interpretation of all events combined. However, the charts indicate that the euro did not experience a significant decline. What we are observing is the formation of another corrective wave within the ongoing upward trend structure. Accordingly, everything is proceeding as planned. The pound's wave pattern has been disrupted; the euro's has not. In the new week, as usual, the U.S. news background will have the greatest impact. This is particularly true because reports on the labor market and unemployment are expected to be released. However, the European news flow should not be ignored either. In particular, attention should be paid to the September inflation reports. Economists expect inflation to rise to 2.3% year-over-year, a significant acceleration already. Recall that Christine Lagarde has repeatedly warned that inflation in Europe may increase in the coming months, but she has not specified how the central bank intends to address elevated inflation. The ECB has brought its rate level down to a "neutral minimum," which means that if inflation starts to rise, it will suggest that the European Central Bank was premature in easing monetary policy. For the euro, such news would be positive. In addition, Germany will release a substantial set of reports that deserve attention, including retail sales, the unemployment rate, changes in the number of unemployed, inflation, and final September business activity indices. Also noteworthy is Lagarde's upcoming speech, in which she may provide an assessment of the updated inflation data. Therefore, while U.S. news remains the most important driver for the market, European data may also influence the EUR/USD instrument. EUR/USD Wave Pattern: Based on my analysis of EUR/USD, I conclude that the instrument continues to build an upward section of the trend. The wave pattern still depends entirely on the news background tied to Trump's decisions, as well as the domestic and foreign policy of the new White House administration. The targets of the current trend section may extend as far as the 1.25 area. At present, the instrument is declining within corrective wave 4, while the overall upward wave structure remains valid. Accordingly, I am considering only long positions in the near term. By year-end, I expect the euro to rise to 1.2245, which corresponds to 200.0% on the Fibonacci scale. GBP/USD Wave Pattern: The wave structure of GBP/USD has undergone a change in shape. We are still dealing with an upward impulsive section of the trend, but its internal wave pattern is becoming less readable. If wave 4 assumes a complex three-wave form, the structure will normalize; however, even in this case, wave four will be several times more complicated and extended than wave 2. In my opinion, it is best to work from the 1.3341 level, which corresponds to 127.2% of the Fibonacci. Two failed attempts to break this level may indicate the market's readiness for new buying. My Core Principles of Analysis:Wave structures should be simple and clear. Complex structures are difficult to trade and often shift.If there is no confidence in market developments, it is better not to enter.One can never have 100% certainty about market direction. Always use protective Stop Loss orders.Elliott Wave analysis can be combined with other forms of analysis and trading strategies.The material has been provided by InstaForex Company - www.instaforex.com

The week saw another speech by Jerome Powell, during which the FOMC Chair stated that even one more rate cut is not guaranteed. Recall that at last week's Fed meeting, Powell indicated that two more rounds of monetary easing before year-end should not be ruled out. The market immediately raised its expectations for further cuts, but this week, Powell cooled the enthusiasm of the "dovish" camp. I would like to draw my readers' attention to two key points. The first: since 2024, Jerome Powell has been regularly repeating the phrase, "rate decisions will be made solely based on economic data." Bearing in mind the Federal Reserve's dual mandate, we cannot be confident even in one more rate cut this year. What if the labor market begins to recover as early as September? The second point is that inflation control is just as important for the Fed as supporting the labor market. Therefore, the Fed will balance between two fires, and there is no certainty that the choice will fall on labor market support. In my view, continued policy easing will only be possible if the labor market continues to "cool." If it does not, the FOMC may vote to keep current parameters unchanged. I would also remind you that markets were pricing in 6–7 rounds of easing last year, and four rounds this year. Obviously, neither in the past year nor in the current one did these expectations materialize. Therefore, anyone who continues to believe in more easing is walking on thin ice. For the U.S. dollar, this situation is relatively favorable – but only because the market had initially priced in the most dovish scenario and is now realizing that, once again, things may not go according to plan. Importantly, the Fed's policy is not the decisive factor behind the dollar's decline in 2025 – otherwise, the currency would have fallen much deeper. However, in the short term, the market may provide some support to the dollar. That said, given Donald Trump's new tariffs, any dollar strengthening is likely to be brief and fleeting. EUR/USD Wave Pattern:Based on my analysis of EUR/USD, I conclude that the instrument continues to build an upward section of the trend. The wave pattern still depends entirely on the news background tied to Trump's decisions, as well as the domestic and foreign policy of the new White House administration. The targets of the current trend section may extend as far as the 1.25 area. At present, the instrument is declining within corrective wave 4, while the overall upward wave structure remains valid. Accordingly, I am considering only long positions in the near term. By year-end, I expect the euro to rise to 1.2245, which corresponds to 200.0% on the Fibonacci scale. GBP/USD Wave Pattern: The wave structure of GBP/USD has undergone a change in shape. We are still dealing with an upward impulsive section of the trend, but its internal wave pattern is becoming less readable. If wave 4 assumes a complex three-wave form, the structure will normalize; however, even in this case, wave four will be several times more complicated and extended than wave 2. In my opinion, it is best to work from the 1.3341 level, which corresponds to 127.2% of the Fibonacci. Two failed attempts to break this level may indicate the market's readiness for new buying. My Core Principles of Analysis:Wave structures should be simple and clear. Complex structures are difficult to trade and often shift.If there is no confidence in market developments, it is better not to enter.One can never have 100% certainty about market direction. Always use protective Stop Loss orders.Elliott Wave analysis can be combined with other forms of analysis and trading strategies.The material has been provided by InstaForex Company - www.instaforex.com

The euro-dollar pair closed Friday's session at 1.1700 – a symbolic level, given the sharp swings in market sentiment during the week. The weekly high was recorded at 1.1820, the low at 1.1647. Formally, this round ended in favor of EUR/USD bears (since the opening price was 1.1751), but Friday's release of the core PCE index did not allow sellers to secure a convincing victory. And although, as footballers say, "the score is on the board," bearish triumphalism quieted down significantly. EUR/USD traders (as well as participants in other dollar pairs) seemed to be asking themselves: did they rush to conclusions after the publication of a strong U.S. GDP growth report? This release indeed became the week's "mini-sensation." The point is not just that the headline figure was revised upward again (from 3.3% to 3.8%), but that the main driver of the revision was a significant upward adjustment in consumer spending. Consumption grew by 2.5% y/y, compared with the initial figure of 1.6%. What does this mean? Above all, it points to the fundamental resilience of the U.S. economy. Rising consumption is not just a data adjustment, but an indicator of strong household confidence. Moreover, the upward revision affected the category of services/durable goods, which is especially important under current conditions. These are typically the first items households cut during economic instability. Growth in this category is a clear signal that consumers feel confident. The U.S. GDP report substantially redraws the fundamental picture for EUR/USD, as it becomes a counterweight to the Nonfarm Payrolls, which have been disappointing in recent months. The market began to discuss the possibility that the Fed no longer needs to rush to cut rates – and certainly not at an aggressive pace. Recall that following the September Fed meeting, Jerome Powell said risks had increased for both sides of the Fed's dual mandate – the central bank must balance between persistent inflation and a weakening labor market (and economy overall). At the same time, he did not clarify which of the two goals is "prioritized": in response to questions, he limited himself to a standard phrase that the timing and pace of rate cuts "will depend on incoming data." The strong GDP report suggested that the balance of risks has now shifted toward inflation, meaning the Fed will act accordingly – especially if key inflation indicators come in "green," accelerating more strongly than expected. Such assumptions strengthened the position of dollar bulls, and the main dollar pairs adjusted, reflecting renewed demand for the greenback. EUR/USD was no exception, falling to 1.1647 (a three-week low). But the following day's release of the core PCE index was a "cold shower" for dollar bulls, and correspondingly, for EUR/USD bears. The Fed's key inflation gauge stood still – both month-over-month and year-over-year. It was reported that in August, the index rose by 0.2% month-over-month (m/m), as it did in July, and by 2.9% year-over-year (y/y), also as in July. All components of the release matched forecasts. On the one hand, these results suggest that price pressures persist. In addition, the index significantly exceeds the Fed's target level. This is an argument in favor of the Fed maintaining a wait-and-see stance. On the other hand, the key inflation indicator remains below 3%, with growth gradual and predictable. There were also opinions that the index had reached its peak and would either stay at this level or begin a slow decline. The overall conclusion is that the core PCE index allows the Fed to implement (at least) one more rate cut before year-end. In addition, one should not forget the August (July, June) Nonfarm Payrolls, which reflected a notable slowdown in job growth. The strong U.S. GDP report (for Q2) did not "cancel" the fact that the U.S. labor market has been cooling for several months. Incidentally, Fed Governor Michelle Bowman reiterated this point. According to her, the U.S. labor market remains fragile, and if conditions continue to worsen, "the Fed will have to adjust policy more quickly." As a result, dovish expectations regarding the Fed's future actions have somewhat weakened, but not to the extent of enabling a sustainable dollar rally. According to CME FedWatch data, the probability of a 25-bp rate cut at the October meeting now stands at 88%, while the likelihood of an additional 25-bp cut in December is estimated at 65%. As we can see, dovish expectations remain strong, and this factor will continue to exert background pressure on the dollar – especially if the September Nonfarm Payrolls (to be released at the end of next week) once again remind traders of the fragility of the U.S. labor market, or if ISM indices (due next week as well) land in the "red zone." In such a case, the fundamental picture for EUR/USD will change instantly – and not in favor of the greenback. Thus, in my view, we can speak only of a large-scale correction at this stage, not a trend reversal. In other words, EUR/USD purchases remain a priority, despite the temporary resurgence of interest in the dollar. It is noteworthy that, from a technical standpoint, the pair failed to break through key support levels – neither 1.1650 (the Tenkan-sen line on the W1 timeframe) nor 1.1630 (the upper Kumo cloud boundary on the D1 timeframe). This also reflects the indecisiveness of EUR/USD bears. The nearest target for the northward move is 1.1730 (the middle Bollinger Bands line on the daily chart), the breakout of which will open the way toward 1.1780 (Tenkan-sen line on D1 and, at the same time, the lower and upper Kumo cloud boundaries on H4). The material has been provided by InstaForex Company - www.instaforex.com

Ethereum is undergoing one of the most significant resets in over a year, caused by its price breaking below $4,000. This retest has been most visible in futures open interest, where billions of dollars in positions have been wiped out across major exchanges. This rapid unwinding comes as a correction move to weeks of excessive leverage during uptrends that had pushed derivatives activity to unsustainable levels. Massive Open Interest Wipeout Across Major Exchanges The most recent Ethereum price correction was a broader market reset rather than a mere dip, with leveraged traders facing the brunt of the losses. Data shows that Ethereum’s open interest experienced a steep downfall over the just concluded week across multiple crypto exchanges. According to data from on-chain analytics platform CryptoQuant, billions worth of Ethereum positions were wiped out last week, with Binance leading the downturn with the steepest monthly average drop. Ethereum’s slide under the $4,000 mark proved to be the breaking point for over-leveraged traders. The move unleashed a wave of liquidations across derivatives markets, compounding selling pressure. Data shows that more than $3 billion was erased on September 23 through Binance alone, followed by over $1 billion just a day later. Bybit also shed $1.2 billion in positions, while OKX recorded a $580 million decline. The sharp reduction is visible in aggregate open interest, which has slumped to its lowest level since early 2024. As the chart data shows, futures leverage and open interest were closely tied to the price rally in July and August, and at the same time, it declined in lockstep with the price. Ethereum Open Interest by exchange Spot Ethereum ETF Outflows Add To Market Strain Ethereum’s break below $4,000 and the decline in open interest coincides with a week of heavy outflows from spot Ethereum ETFs in the United States. According to data from Farside Investors, $795.56 million flowed out over five trading days last week, which is the largest weekly exodus since the products launched. The sell-off intensified toward the end of the week, with Thursday recording $251.2 million in outflows, followed by another $248.4 million on Friday. Waning institutinal participation contributed massively to the sell-side pressure, with investors showing caution amid uncertainty over whether regulators will allow staking features in these ETFs. This synchronized exit from both derivatives and institutional products has amplified volatility, creating a convergence of pressure across Ethereum’s trading ecosystem. After dipping as low as $3,845, ETH bulls have managed to hold above $3,800. At the time of writing, Ethereum is trading at $4,002. Despite this attempt to regain stability, the leading altcoin is still down by about 10% in a weekly timeframe, considering it was trading around $4,490 this time last week. The bullish scenario now lies in whether ETH can reclaim and sustain a move above $4,000. Featured image from Unsplash, chart from TradingView

FORM jumped more than +30% in the past day as leverage poured in, with traders calling the move a short squeeze. The rally began late Sunday and carried into Monday. Prices on major exchanges swung from around $0.91 to as high as $1.47 before settling in the mid-$1.30s at press time. (Source: Coingecko) Why Did FORM Crypto Surge Over 40% in 24 Hours? Binance and Bybit each recorded hundreds of millions of dollars in 24-hour volume. Derivatives data from Coinalyze showed that funding turned positive and that open interest had nearly doubled to $26M, a sign that traders had piled into long positions. Funding rates hovered near +0.01% per eight hours, adding weight to the view that aggressive longs fueled the rally. (Source: Coinalyze) The token is the native asset of Four, a BNB Chain project that combines GameFi, an Initial Game Offering (IGO) launchpad, and meme-token tools. Formerly BinaryX (BNX), the project rebranded to Four earlier this year, with Binance handling the BNX→FORM swap in March. FORM’s sharp swing followed a fresh all-time low near $0.91, highlighting how thin liquidity can drive large moves. A post on Binance Square described Monday’s rally as “+44% from lows” and flagged key short-term levels for bulls to hold. The move fits the squeeze pattern, where shorts are forced to exit as the price increases, adding to the momentum. The rebound also reflects FORM’s volatile history since its token swap. With liquidity still patchy, the token remains prone to sharp two-way moves, leaving open whether Monday’s surge marks the start of a trend or just another squeeze. DISCOVER: 15+ Upcoming Coinbase Listings to Watch in 2025 FORM Price Prediction: Is FORM Setting Up for a Strong Pump After Weeks of Decline? FORM, the token behind a wave of fresh market speculation, shows signs of a possible breakout after forming what some traders call a “short squeeze” setup. The signal came from Tryrex, a widely followed crypto analyst, who flipped from bearish to bullish once price action confirmed his reversal plan. In his update, Tryrex highlighted FORM’s recovery from late-September lows near $1.00 and a move back above $1.14, which he marked as a new long entry. His trade outline sets a stop-loss at $1.0383 and a profit target near $2.29, with room to adjust if the market rallies quicker than expected. “Price is potentially getting ready for a very strong pump that will liquidate all late shorts,” he wrote, pointing to a confirmation candle that matches common squeeze structures. His 8-hour chart shows a steep September drop, now followed by the first meaningful bounce. (Source: X) A green profit zone and red risk box frame the trade, underscoring a risk-reward setup tilted toward buyers. Market signals back the thesis. FORM rebounded more than +5% in a single session, with liquidations clearing overleveraged shorts. The plan uses 10x leverage, magnifying both risk and reward. Traders now watch whether FORM can hold above $1.14 and push toward $2.29, or if resistance cuts the move short. The next sessions may decide if this rally is the start of a squeeze breakout or just another false start. DISCOVER: Best Meme Coin ICOs to Invest in 2025 Join The 99Bitcoins News Discord Here For The Latest Market Updates The post What is FORM Crypto? FORM Price Erupts +30% As Analysts Call Short Squeeze appeared first on 99Bitcoins.

Eric Trump returned to social media this week with a short, blunt message for crypto investors: “Buy the dips!” According to his post on X, the repeated slogan arrived as Bitcoin and Ethereum were under selling pressure, and it drew quick attention from traders and analysts alike. Trump’s Crypto Footprint Based on reports, Eric Trump’s comments come as the Trump family’s business moves into the crypto sector in a bigger way. He and his brother backed American Bitcoin, and their stake in that company swelled to about $1.5 billion after the firm’s recent market action. American Bitcoin’s public moves and partnerships have pushed the family further into mining and accumulation strategies, which makes Eric’s calls more than casual commentary. Market players noticed the timing. Bitcoin has been trading lower this week, with prices near $109,500, a slide of more than 6% over seven days, while Ethereum hovered around $4,020, down by about 8% in roughly the same span. Those drops, small by some historical standards but sharp enough to stir nerves, set the scene for the “buy the dips” rallying cry. Market Moves And Reactions Reaction to Eric Trump’s message was mixed. Some retail traders echoed the sentiment, using it as a buy signal. Others pushed back. Analysts warned that public endorsements often coincide with heightened short-term volatility. Reports flagged a pattern: when high-profile figures urge buying at perceived lows, price swings can follow before any sustained recovery. There is precedent that tempers enthusiasm. After one prior push by Mr. Trump to increase exposure to Ethereum earlier this year, ETH fell about 35% in the months that followed before later staging a rally. Experts Urge Caution Beyond price moves, some observers pointed out possible conflicts of interest. Reports have tied Eric Trump to advisory roles at Metaplanet and to business ventures that stand to benefit if demand for listed crypto-related stocks rises. Those ties have drawn scrutiny from lawmakers and watchdogs concerned about influence and optics. Meanwhile, market veterans said the basic math matters more than a slogan. Macro forces, liquidity flows, and institutional positioning usually drive sustained trends. Social posts can spark quick buying or selling. They rarely change the underlying balance of supply and demand by themselves. Short-term traders often act on sentiment. Long-term holders watch fundamentals. Both groups felt the echo of this latest push. Featured image from Mandel Ngan/AFP/Getty Images, chart from TradingView

GV News – The Evolution of News Trading in Forex GV News on forex trading news There was a time when trading the news in forex was while never easy. it was easier. In the early days of online trading, brokers offered a feature that gave retail traders a clear edge: guaranteed fills. The Era of Guaranteed Fills With guaranteed fills, traders could place stop entry orders that would be executed at the exact price entered. For example: A buy stop at 1.1770 would be filled at 1.1770. A sell stop at 1.1715 would be executed at 1.1715. This created a unique opportunity to bracket the market around news events. Traders could place a buy stop above and a sell stop below the current price, ensuring that whichever way the market broke, they would be positioned instantly without slippage. GV News on forex trading news Of course, this wasn’t without risk. The initial reaction to news could quickly reverse, leaving traders on the wrong side. Stops could also be triggered by brief blips, dips, or spread widening before the actual release. Still, guaranteed fills gave traders a fighting chance to capture early volatility. GV News The Shift to Market Order Execution As the retail forex industry matured, brokers moved away from guaranteed fills to market order execution. Under this system, trades are filled at the price available when the order hit the broker’s server, not necessarily at the price a trader entered. This meant slippage became the new normal. Instead of being filled at a specific stop price, orders might be executed 5, 10, 20, or even 50 pips away depending on market volatility. While some platforms introduced filters to limit slippage, traders were now at the mercy of their brokers and the speed of execution. News trading became far less predictable and, for many, less attractive. GV News The Algo Advantage in Modern News Trading Fast forward to today, and the playing field has tilted even further. No matter how fast your newsfeed, algorithms now dominate news trading. Algos scan and interpret headlines in microseconds, sending buy and sell orders before human traders even see the news. This often results in spikes (up or down) where prices spike sharply, reverse just as quickly, and leave manual traders chasing moves that have already happened. (Why Can’t I Compete With the News Trading Algos?) Example: The Fed Rate Decision, September 17, 2025 A one-hour EURUSD candle showed the challenge clearly: Initial reaction: 1.1850 → 1.1918 Immediate reversal: 1.1918 → 1.1819 Traders who tried to enter on the reaction or “buy the dip” found themselves quickly on the wrong side of the move. GV News on forex trading news Why Traders Still Chase News Despite these challenges, news trading remains popular. The volatility it generates creates opportunities, even if the risks have increased. The key takeaway for modern traders is clear: Don’t try to outpace algos. It’s impossible. Know the ground rules. Understand how your broker handles slippage and execution. Adjust your strategy. News trading today requires discipline, risk management, and awareness of how markets react in the algo era. Trading the news has evolved from a time of guaranteed fills and straightforward execution to a world where algos dominate the first move. While the landscape has changed, volatility around economic releases still provides opportunities. Traders just need to go in with eyes wide open, manage expectations, and adapt strategies to the realities of today’s market. Take A FREE Trial of The Amazing Trader – Charting Algo System The post The Evolution of News Trading in Forex: From Guaranteed Fills to Algo-Driven Markets appeared first on Forex Trading Forum.

The crypto market faced in recent months, as both Bitcoin and Ethereum broke below important support levels. Bitcoin broke below $110,000, while Ethereum also slipped under $4,000. This downturn triggered billions in liquidations and pushed the Fear and Greed Index into fear territory. However, data from on-chain analytics platform Sentora (formerly IntoTheBlock) reveals that accumulation is quietly underway. Despite the price declines, exchange outflows for both assets have remained strongly negative. Key Weekly Metrics An extended decline carried over from the previous week saw the Bitcoin price falling below $110,000 with increasing selling pressure and liquidations of leveraged positions. However, despite this sharp move to the downside, on-chain data illustrates an interesting different trend occurring beneath the surface of the volatility. According to figures provided by the on-chain analytics platform Sentora, more than $5.75 billion worth of BTC flowed out of centralized exchanges over the course of the week. This outflow, although small compared to periods of strong bullish action, shows a lingering investor conviction, especially among some investors that might be taking advantage and buying the dip. Ethereum’s price movement over the same period was even more pronounced than that of Bitcoin. The price crash saw the leading altcoin break down beneath the psychologically significant $4,000 support level and proceed to briefly test lower zones around $3,850. Still, despite the depth of this decline, the exchange flow data makes it clear that the bearish price action did not manage to deter accumulation activity across the network. Over $3.08 billion worth of ETH exited exchanges during the week, which serves as evidence of a continued willingness among investors to steadily accumulate Ethereum, even in the face of short-term losses and market pressure. Outflows Drive Exchange Balances To Multi-Year Lows Interestingly, Ethereum last week’s outflows ties into a notable trend that has been developing in recent months. Data shows that Ethereum’s total supply on exchanges has dropped to just 14.8 million ETH, its lowest level since 2016. Much of this supply has been redirected into staking, long-term cold storage, and DeFi protocols, which have all led to a drastic decline in the ETH on trading platforms. ETH balance on exchanges. Source: Glassnode Data from a CryptoQuant Quicktake post by contributor CryptoOnchain adds further weight to this trend of heavy outflows. Between August and September 2025, Ethereum’s 50-day Simple Moving Average (SMA) netflow dropped below -40,000 ETH per day, the lowest level seen since February 2023. This persistent negative netflow shows that investors have been steadily shifting their ETH away from exchanges and placing it into staking, cold storage, or other long-term holding options. “Lower exchange balances equals reduced short-term supply,” the analyst said. Ethereum Exchange Netflow At the time of writing, Bitcoin was trading at $109,585, while Ethereum traded at $4,011. Featured image from Unsplash, chart from TradingView

Cathie Wood just put Hyperliquid in the Solana conversation. Will these remarks push HYPE price? ARK Invest CEO Cathie Wood says that the decentralized exchange protocol Hyperliquid “reminds me of Solana in the earlier days,” calling it the “new kid on the block” in a recent interview on the Master Investor podcast. Wood reiterated that Bitcoin remains the core of ARK’s crypto thesis, but pointed to the growth of on-chain derivatives venues as a sign of shifting momentum. “It’s exciting. It reminds me of Solana in the earlier days,” she said, adding that Bitcoin “owns the cryptocurrency space when it comes to pure crypto.” DISCOVER: 15+ Upcoming Coinbase Listings to Watch in 2025 Cathie Wood’s Solana Comparison Highlights DEX Growth Supreme FinancePriceMarket CapHYPE$168.35K24h7d30d1yAll time Her comments come as Hyperliquid continues to expand across key trading metrics. Data from CoinGecko shows HYPE, the project’s native token, trading at about $44.36 with a market cap near $12Bn and a 24-hour range of $43.02 to $46.45. (Source: Coingecko) DeFiLlama recorded $4.61Bn in perpetual volume on Hyperliquid over the past day, with open interest at $12.7Bn and daily fees of $1.43M. The platform also directs 99% of spot order-book fees to its Assistance Fund, used for HYPE buybacks. (Source: DefiLlama) Built as a Layer-1 blockchain with one-block finality and a custom HyperBFT consensus, Hyperliquid’s design positions it closer to a high-speed exchange than a typical L2 network. Wood’s Solana comparison highlights how fast-growing DEXs are closing the gap with centralized venues, with liquidity shifting across protocols and volumes pushing new highs. DISCOVER: 9+ Best High-Risk, High-Reward Crypto to Buy in 2025 HYPE Price Prediction: Is the $30-$34 Demand Zone Key Support for Hyperliquid? According to a chart shared by analyst Don, Hyperliquid’s native token $HYPE is showing signs of strain after breaking down from a rising wedge formation. The move marks a shift in momentum, with the price slipping under support levels that had guided its rally for months. The daily chart shows HYPE rejected at the wedge’s upper boundary near $58 before dropping sharply. The decline pushed the token below the red ascending trendline that had supported gains since April. (Source: X) Breaking below the wedge is often read as a bearish signal, pointing to stronger selling pressure. Still, Don’s outlook leaves room for recovery. His chart highlights a demand zone between $30 and $34, an area that acted as a consolidation base over the summer. A retest of this range could reset positioning and attract new buyers if it holds as support. From there, the projection sketches a rebound toward the $50-$60 range. That path suggests short-term weakness is possible, but the broader structure may stay bullish if buyers step back in around support. DISCOVER: Best Meme Coin ICOs to Invest in 2025 Join The 99Bitcoins News Discord Here For The Latest Market Updates The post Hyperliquid Is Here to Stay: Cathie Woods Calls HYPE an Early-Phase Solana appeared first on 99Bitcoins.

Northern Dynasty Minerals (TSX: NDM) (NYSE-A: NAK) says it has received another $12 million payment from its royalty investor while it continues to have talks with the US government on the approval of the company’s flagship Pebble project in Alaska. The payment is part of a royalty financing agreement signed with an unnamed investor in July 2022 for Pebble, touted as one of the world’s largest copper-gold-molybdenum resources. However, the proposed mine has faced stern local opposition and undergone a protracted period of review due to its location near the Bristol Bay watershed, where some of the world’s largest sockeye salmon fisheries reside. Under the royalty agreement, the investor can make five payments to the company totalling $60 million. The latest payment represents the fourth tranche, bringing the total royalty investment to date to $48 million. The maximum payment would give the investor the right to purchase 10% of the payable gold production and 30% of payable silver production from the Pebble project. “We appreciate the continued support from our royalty investor and are pleased to see the fourth payment of $12 million completed,” said Ron Thiessen, Northern Dynasty’s president and CEO, in a press release. “This $12 million investment, when combined with the several million dollars of inflow from the exercise of stock options and warrants this summer, and when added to our second quarter closing cash balance of C$25.2 million ($18.5 million), gives us a strong treasury position as we move the project forward.” Project status The status of the Pebble project, as it stands, remains uncertain after the US Environmental Protection Agency in 2023 blocked the company’s Alaskan subsidiary from storing mine waste in the area, essentially killing the project. In a bid to overturn that decision, Northern Dynasty filed actions against the EPA with the federal courts and is currently in talks with the Agency regarding a potential settlement. On the company’s part, it must provide an updated mine proposal to the EPA, but to date, it has yet to make a submission despite encouragement from government officials. While it is unclear what changes to the project could appease EPA officials, any modification to the handling of mining waste could help address concerns raised since President Donald Trump’s first term in office. “We continue to have discussions with the government about withdrawing the veto and remain optimistic for a positive outcome,” Thiessen stated in a press release on Friday. “Withdrawal of the illegal veto will be a step towards developing this very large new source of copper and rhenium, as well as significant amounts of gold, molybdenum and silver.” If built, the Pebble mine would be the largest copper, gold and molybdenum extraction site in North America. A 2023 economic study estimated that it would produce 6.4 billion lb. of copper, 7.4 million oz. of gold and 300 million lb. of molybdenum, plus 37 million oz. of silver and 200,000 kg of rhenium, over 20 years. Shares of Northern Dynasty closed the Friday session 5.3% higher at C$1.59 apiece, its highest in two months. The stock had plunged in mid-July following reports of insider selling and a potential stalemate with the EPA. The company’s market capitalization currently stands at C$877.3 million ($629 million).

The price of Bitcoin has had a mixed performance so far in 2025, falling to a low of around $74,000 in the first quarter of the year. The premier cryptocurrency has since set multiple all-time highs above the $120,000 mark over the past few months. However, while the Bitcoin price seems to have fallen into a consolidation phase in recent weeks, the general feeling in the market has always been that there remains an upside potential for the market leader. Galaxy Digital CEO Mike Novogratz has come forward to echo these sentiments while identifying the “biggest catalyst” to kickstart a potential rally. ‘Exceptionally Dovish’ Fed Chair Could Guide BTC To $200,000: Novogratz In a recent interview with Kyle Chasse on YouTube, Novogratz shared that the next major move for the Bitcoin price could hinge on the potential replacement of US Federal Reserve (Fed) Chair Jerome Powell. According to the Galaxy Digital CEO, the BTC price could go on a significant rally if the next Fed chair is exceptionally dovish. Novogratz revealed that the appointment of a dovish Fed chair is the potential biggest bull catalyst for Bitcoin and the crypto market. The CEO affirmed that the conversation changes for the world’s largest cryptocurrency, which could reach as high as $200,000, if there is a leadership change. For context, a dove refers to a policymaker or advisor (typically in the Federal Reserve) who takes a looser monetary stance, including interest rate cuts, in a bid to grow the economy. The US Fed cutting interest rates is usually bullish for crypto and other risk assets, as it means that traditional investment instruments like bonds offer less lucrative returns. Hence, investors tend to flock to digital assets and the equities market. However, Novogratz noted the potential impact of aggressive rate cutting on the US dollar. While lower interest rates are usually positive for risk assets like Bitcoin, it has the opposite effect on the dollar market. The Federal Reserve announced a rate cut of 25 basis points (25bp) after the Federal Open Market Committee (FOMC) meeting in September. This decision—first of its kind this year—is expected to be the first of a couple more rate cuts to come before the end of 2025. Bitcoin Price At A Glance While the Bitcoin price responded positively to the Fed’s decision to cut rates in September, the premier cryptocurrency has struggled to build on the macro-driven momentum. As of this writing, BTC is valued at around $109,570, reflecting a mere 0.1% decline in the past day.

The Bitcoin community is again locked in a heated debate following reports that developer Luke Dashjr, creator of the Bitcoin Knots client, is exploring the possibility of a hard fork to remove illicit data from the blockchain. At the heart of the controversy are leaked discussions suggesting Dashjr has considered a framework where a select quorum of signers could retroactively redact blockchain entries using zero-knowledge proofs (ZKPs). The aim, according to these reports, would be to filter objectionable or illegal non-financial data embedded in Bitcoin’s immutable ledger, while preserving valid transaction history. BitcoinPriceMarket CapBTC$2.18T24h7d30d1yAll time What’s the Issue? A Radical Departure From Bitcoin Orthodoxy Bitcoin’s design has always rested on immutability and censorship resistance, principles enshrined since Satoshi Nakamoto’s genesis block. Proposals to alter historical blocks challenge that orthodoxy head-on. Dashjr has long positioned Knots as stricter than Bitcoin Core regarding what he terms “spam” transactions, arguing that existing node-level filters fail to address the rising problem of illicit content. In private messages reportedly shared with The Rage, he is quoted as saying: “Right now the only options would be Bitcoin dies or we have to trust someone… ZKP is strictly better.” The rumored fork would replace flagged blockchain entries with ZKPs, preserving mathematical proofs of validity while erasing the underlying data. Supporters frame this as a legal shield for Bitcoin’s survival. Critics see it as introducing a redaction committee, a small group with the power to rewrite history. DISCOVER: Best Meme Coin ICOs to Invest in 2025 How are Bitcoiners Reacting? Industry Reactions Split The reports have divided Bitcoin’s veteran developers and broader community. Adam Back, CEO of Blockstream and a prominent cryptographer, has claimed he is aware of industry discussions around corporate pressures on mining pools to moderate content. He warned that Dashjr’s rumored proposal risks “jumping straight to the censorship tech.” While Dashjr has denied the story’s accuracy, Back insists the leaked messages are authentic. That contradiction has only added to the confusion, with some arguing that even floating the idea undermines trust in Bitcoin’s governance. Critics argue that empowering a select group to redact data would introduce centralization risks and expose node operators to legal liability. Others further question the technical feasibility of deploying such a fork without fracturing consensus, drawing parallels with the 2017 Bitcoin Cash split that divided the network for years. The debate is also sparking the reignition of the Dashjr hate bandwagon across Crypto Twitter as critics capitalize on the narrative to land personal punches. For some, the reputational risk is reason enough to consider censorship technology. For others, compromising immutability risks destroying Bitcoin’s very identity. For now, the rumored hard fork remains speculative. But the intensity of the reaction highlights a growing philosophical divide: should Bitcoin remain an untouchable ledger at all costs, or adapt to external pressures threatening its long-term viability? The outcome may hinge not on Dashjr’s Knots client but on whether the broader Bitcoin ecosystem accepts any compromise to its foundational principles. If history is a guide, consensus will be difficult, and the threat of another chain split looms in the background. DISCOVER: Best Meme Coin ICOs to Invest in 2025 Join The 99Bitcoins News Discord Here For The Latest Market Updates The post Rumored Bitcoin Hard Fork Sparks Fierce Debate Over Censorship and Consensus appeared first on 99Bitcoins.

The Ethereum price has been one of the best performers in the cryptocurrency market in the third quarter, reaching a new all-time high at the end of August. However, the second-largest cryptocurrency has struggled to build on this record-setting momentum in September. With September and the third quarter of 2025 almost done, the Ethereum price appears to be struggling to reclaim the psychological $4,000 support level. Below are the critical support levels to watch for should a deeper correction occur, according to the latest on-chain data. Is $3,500 The Next Stop For ETH Price? In a September 27 post on the X platform, popular crypto analyst Ali Martinez identified three major support levels to watch if the Ethereum price further declines over the next few weeks. This on-chain observation revolves around the UTXO Realized Price Distribution (URPD) metric, which estimates the amount of a specific cryptocurrency acquired at a certain price level. This indicator looks at a price level’s capacity to act as an on-chain support or resistance zone, which typically depends on the number of investors with their cost basis at the given level. An investor’s cost basis refers to the original price at which they bought a crypto asset (Ether, in this scenario). Based on the cost basis theory, major support zones are often around price levels—with significant buying activity—below the current spot value. Having purchased their assets at these prices, several investors tend to double down and purchase more assets when the price returns to their cost basis, thereby keeping the prices afloat. According to data highlighted by Martinez, the next major support levels for the Ethereum price lie around $3,515, $3,020, and $2,772. As observed in the chart below, if the price of ETH doesn’t have a sustained close above $4,000, its next immediate support cushion is around $,3,515, where nearly 1.39 billion coins were purchased. In a case where the “king of altcoins” fails to stop bleeding, the UTXO Realized Price Distribution metric shows that the next major support is at $3,020, where almost 2.65 billion coins were bought. Now, the last significant support for the Ethereum price lies around $2,772, which is the cost basis of more than 2.64 billion Ether tokens. Ethereum Price At A Glance As of this writing, the price of ETH stands at around $3,994, reflecting no significant movement in the past 24 hours. While the largest altcoin by market cap seems to be hanging on to the major $4,000 level, its performance over the past week is still quite worrying. According to data from CoinGecko, the Ethereum price is down by more than 10% in the last seven days. Featured image from Shutterstock, chart from TradingView

Bitcoin (BTC) has dropped from its mid-August high of $117,968, primarily due to $1.5 billion in forced sell-offs. For now, it is hovering near key support levels between $107,000 and $102,000.Is it still the best crypto to buy now? Despite this pullback, institutional investment to the tune of $60 billion is keeping hopes alive for a long-term rally towards $200,000. Currently, BTC is trading just below the $110,000 mark at $109,470, barely up by 0.05% after a volatile September. The market cap is about $2.17 trillion, with about $40.4 billion traded in the last 24 hours alone. Despite the heavy selloff, ETH stabilised above the $4000 mark for a little while and is currently trading just below the level at $3,988. EXPLORE: Next 1000X Crypto – Here’s 10+ Crypto Tokens That Can Hit 1000x This Year The post [LIVE]With BTC Holding Steady at $109k And ETH Looking Bullish, What’s The Best Crypto To Buy Now? appeared first on 99Bitcoins.

Over the last week, XRP slipped below the psychological $3 support level as it lost about 7.02% of its price value. Since then, the altcoin has maintained a steady price consolidation around the $2.78-$2.79 region, without retesting the newly formed resistance level. Meanwhile, recent on-chain data has provided some cautionary market insights, highlighting a key support zone. XRP Bulls Must Avoid Crash Below $2.73 – Here’s Why In an X post on September 27, crypto analyst Ali Martinez revealed the existence of a price gap sitting between the $2.73 and $2.51 price levels. Central to Martinez’s revelation is the UTXO Realized Price Distribution (URPD) metric, which specifies how much XRP was last transacted at different price levels, but in relation to its all-time high. As an extension of its primary function, the indicator quantifies trading activity across different price levels, therefore highlighting potential support and resistance zones. According to the chart shared by Martinez, there is considerable trading activity across several XRP’s price zones. However, there is a price range closest to its current value at $2.78, within which there has been very little trading activity. This price range, set between $2.51 and $2.73, comprises relatively less market activity, creating what Martinez describes as a price gap, where little support or resistance exists. The higher boundary of the price gap is at the $2.73 level, where about 1.60 billion XRP were transacted. A fall below this price floor would likely result in a straight decline towards $2.51, as any little support lies between both price regions. Notably, XRP last touched $2.51 in July. XRP Price Outlook As of this writing, XRP is valued at about $2.78 despite a modest 0.78% gain in the last day. Meanwhile, the altcoin’s daily trading volume is down by 58.95% and valued at $3.02 billion. According to CoinCodex, XRP is currently facing bearish sentiment, with traders showing caution amid subdued market conditions. Meanwhile, the Fear and Greed Index sits at 33, signaling fear and a lack of strong buying momentum. Over the past 30 trading sessions, XRP has recorded 13 red days, underscoring the weakness in recent performance Despite this, price predictions suggest little volatility ahead, with no significant change expected in the next five days or over the coming month. This indicates that XRP may remain range-bound as investors await clearer market signals or catalysts. With sentiment leaning negative, short-term traders may exercise caution, while long-term holders continue to monitor for potential shifts in broader crypto market dynamics.

Crypto in Asia keeps gaining momentum. Another busy week in the Asian crypto landscape brings fresh partnerships, policy moves and cross-border shakeups. From Seoul to Abu Dhabi, crypto in Asia is setting new benchmarks for the cryptosphere. Here’s what transpired this week. Trump-Backed WLFI Expands Crypto In Asia Through South Korea’s Bithumb The South Korean crypto exchange Bithumb has partnered with World Liberty Financial (WLF), a US President Trump-linked crypto firm. The initiative aims to support the growth of decentralised finance (DeFi) worldwide. According to the official statement released on 23 September 2025, the deal aims to explore business opportunities in the DeFi space while also securing investor confidence. Commenting on the partnership, Bithumb CEO Lee Jae-won stated, “This collaboration with WLF will be a significant milestone in enhancing Bithumb’s global competitiveness. We will continue to strengthen our strategic network going forward.” A memorandum of understanding (MoU) was signed at Bithumb’s headquarters in Seoul, with senior leaders from both companies, including WLF Co-Founder Zak Folkman, present at the event. Across the Asia-Pacific, countries like South Korea, India and Indonesia also saw strong growth, with stablecoins playing a key role, signalling a shift towards mainstreaming crypto integration in the region. Key Takeaways WLFI partnered with South Korean crypto exchange Bithumb to expand DeFi worldwide India’s RBI introduced new guidelines for domestic and international payment firms and banks to curb rising digital fraud cases The UAE joined an international pact under the OECD’s CARF to automatically share tax-related data on crypto transactions Japan sees a 120% year-over-year growth in crypto adoption due to policy modernisation and reforms The post Crypto in Asia Reshaped By Trump-Linked WLFI Deal, India’s Security Crackdown, UAE’s Tax Pact, And Japan’s Adoption Boom appeared first on 99Bitcoins.

Binance, the world’s largest crypto exchange, is stepping up its presence on the continent by joining the African Blockchain Summit as a platinum sponsor. Through this sponsorship, the exchange will likely expand its reach as more people consider the exchange. This is not the first time Binance is sponsoring a crypto event. In the past, the exchange sponsored a crypto conference in Kenya. Meanwhile, South African fund manager Syngnia Limited has urged diversification in Bitcoin investments. Bitcoin is a premier crypto exchange and is undoubtedly one of the best cryptos to buy. Public firms, especially in Europe, North America, and Japan, have bought BTC, adding the crypto to their balance sheets. In South Africa, the country’s tax agency has warned crypto traders against failing to declare crypto income. The country has made huge strides in crypto regulation and is among the continent’s top adopters, boasting clear laws supportive of the industry. DISCOVER: Next 1000X Crypto – Here’s 10+ Crypto Tokens That Can Hit 1000x This Year Let’s look at these stories making continental headlines this week: Ghana Crypto News: Binance Sponsors Africa Fintech Summit Accra Global exchange giant Binance will be a platinum sponsor of the Africa Fintech Summit 2025, which will be held in Accra from October 8 to 10, 2025. Sygnia is a traditional investment firm that takes a cautious stance on crypto. However, the fact that their ETFs now provide exposure to Bitcoin is an acknowledgement of Bitcoin’s inevitability in financial markets. DISCOVER: 9+ Best Memecoin to Buy in 2025 South Africa Crypto News: SARS Goes After Crypto Taxes The South African Revenue Service (SARS) is reportedly going after crypto owners failing to declare their crypto gains. This stance, even as the actual status of cryptos within the South African monetary system is being litigated in courts. SARS has broad powers, ranging from audits to criminal charges against individuals suspected of tax evasion. These measures could soon be directed at crypto owners who fail to declare and remit taxes on their gains. Governments globally have an incentive to pursue crypto taxes because of the sector’s increasing revenue potential. The blockchain operates outside traditional banking channels, and it may be challenging to track all assets and gains owned by individuals. However, crypto owners, including those with large chunks of top Solana meme coins, must contemplate regulations in this direction as the industry grows larger. DISCOVER: 10+ Next Crypto to 100X In 2025 Africa crypto news: Binance Sponsors Ghana Event, South Africa On Taxes Ghana crypto news: Binance to sponsor the Africa Fintech Summit in Accra South Africa crypto news: South African Revenue Service is now targeting crypto owners failing to declare their gains The post Africa Crypto Week News In Review: Binance Sponsors Accra Blockchain Summit, Sygnia Backs Bitcoin As South Africa Targets Crypto Income Tax appeared first on 99Bitcoins.

Aster Exchange said it has reimbursed users after a sudden price glitch sent the XPL perpetual contract soaring and wiped out leveraged positions. According to reports, the contract’s mark price briefly decoupled from markets on September 25, 2025, jumping from about $1.30 to nearly $4 on Aster while XPL elsewhere stayed near $1.30. The mismatch forced mass liquidations on the platform. Aster Issues Refunds According to Aster’s public messages and follow-up reports, the exchange moved fast to cover losses. Refunds were paid in USDT to accounts hit by the abnormal moves. A second round of payments covered trading and liquidation fees as well. One analysis put the total reimbursements at about $16.6 million, though figures vary across sources. Reports say many affected traders received compensation within hours of the incident being acknowledged. Faulty Index And Cap Settings Based on reports, the underlying problem was a configuration error tied to the contract’s index and price cap. The index had been hard-coded at $1 during the token’s pre-launch setup, and a mark price cap near $1.22 was in place to limit swings. That cap was lifted before the index was corrected, allowing the Aster mark price to run away from external market prices. As a result, positions were liquidated on the platform even though the broader market showed no similar spike. The event left a sting for some traders. Large liquidation losses and fees hit accounts that were long or short with leverage. Some users reported lingering questions about margin points and trade history even after reimbursements landed. At least one report indicated that Aster reported all client funds as SAFU and that full internal procedure review was promised. Community Response And Further Steps According to social media reports, the response was divided. Some traders complimented the immediate refunds, describing the action as restoring short-term confidence. Some called for stricter screening and more explicit communication. Industry watchers pointed to the incident as a reminder that both decentralized and centralized platforms can fail when index feeds, caps, or other safety switches are misconfigured. On-chain traces and transaction receipts for refunds were suggested as ways to confirm that reimbursements were completed. Aster’s handling avoided a prolonged user revolt, but the incident highlights a simple point: small code or setting mistakes can cause big money moves. Exchanges will likely face fresh questions about testing, pre-launch checks, and how quickly safeguards can be re-enabled. Featured image from Unsplash, chart from TradingView

Last week, Ethereum (ETH) prices fell below $4,000 amidst a general crypto market onslaught marked by heavy liquidations. However, the prominent altcoin soon made a quick bounce off the $3,800 price region and has since slipped into consolidation. Notably, popular crypto analyst Lark Davis is tipping Ethereum to make a euphoric market rebound with a potential all-time high on the cards. Ethereum RSI Flashes Bullish Signal After Fall Into Deep Oversold Zone The Relative Strength Index (RSI) is a technical analysis indicator that measures the speed and magnitude of price movements. It is generally used to identify when an asset is overbought, i.e., an overheated market, or oversold, i.e., potentially undervalued and could attract heavy accumulation activity. According to Lark Davis, Ethereum’s price has crashed by over 20% in the past two weeks. Notably, this price loss has pushed the asset’s RSI into its most oversold zone since April lows. When this previously occurred, Ethereum popularly surged by 134% in the following two months. The altcoin now finds itself in a similar situation, with its RSI touching around 39.95. With expectations that the crypto market will turn bullish in Q4, Davis explains that this rare RSI signal could trigger a parabolic Ethereum price surge. In a separate post, fellow market expert Michaël van de Poppe shared some insights into this market behavior, highlighting that September has been a historically bad month for Ethereum, alongside the general market. However, market data also shows that Q4 and Q1 are traditionally bullish. If Ethereum maintains this behaviour, Lark Davis is postulating the altcoin will experience a possible rally to $7,000-$8,000, indicating a potential 100% price gain from current market levels. Ethereum Price Overview At the time of writing, Ethereum is trading at $4,006, reflecting price losses of 0.32% and 10.7% in the past one and seven days, respectively. Meanwhile, the asset’s trading volume has crashed by 57.49% and is now valued at $21.66 billion. Looking to the next month, Ethereum is likely to maintain its current rebound as Q4 begins. Interestingly, the altcoin has recorded an average monthly return of 6.94% and a median monthly return of 1.94% in October, indicating strong potential for market growth. However, Lark Davis has identified an important support level around the $3,800-$3,900. The analyst warns that Ethereum bulls must maintain this price floor to preserve their current bullish structure. Meanwhile, with a market cap of $483.26 billion, Ethereum continues to rank as the second-largest cryptocurrency.

Dogecoin’s price action is working on a rebound after hitting $0.222 in the past 24 hours. Zooming out into a larger timeframe shows the price structure on the weekly timeframe is pointing to an explosive breakout is in the making. Technical analysis shows that the meme coin, which has already shown it can deliver extraordinary rallies, is now sitting on a powder keg that will send it to new all-time highs. Particularly, technical projections indicate that if the current trend continues, Dogecoin could surge to $1.30. Pattern Repetition Points To $1.3 Target The first interesting chart observation focuses on how Dogecoin rallies unfold in repeating waves of expansion. This analysis, which was posted on the social media platform X by Kamran Asghar, shows how Dogecoin has been following a repeating structure in the weekly candlestick timeframe chart. In late 2023, the Dogecoin price broke out of consolidation with a 300% surge, followed by another wave in 2024 that delivered a 500% rally from trendline support to resistance. Each cycle began with a bounce from the ascending white trendline shown on the weekly chart below, which has consistently acted as the backbone of Dogecoin’s long-term uptrend. Now, the pattern is setting up for what could be an 800% rally, highlighted in the green projection box on the chart below. This move, if completed, would see the Dogecoin price rallying past its current all-time high of $0.7316 and finally breaking above the $1 price level. Particularly, the projection puts Dogecoin rallying more than 800% to reach a price target around $1.30. Chart Image From X: Kamran Asghar Dogecoin Bullish Channel Still Intact Since 2021 Another technical analysis looks at a broader view of Dogecoin’s performance over the last four years. Price action on the weekly timeframe is plotted within a colored channel system, starting from the 2021 breakout, as shown in the chart below. The lower orange line has consistently acted as support, while the green midline has worked as a pivot point. Lastly, the upper blue line is serving as resistance. At the time of writing, Dogecoin is trading around $0.23, and this is just between the green midline and the orange support, meaning the bullish structure is still playing out. According to analyst KrissPax, who posted the technical analysis on the social media platform X, Dogecoin is still on track to keep moving to the upper band of the channel, which is marked in blue. Reaching this upper band would put the meme coin in the $0.70 to $1.00 range and retesting its all-time high in 2021. However, in this case, the first step would be to break above the green midline, which is currently around $0.4. Chart Image From X: KrissPax Meanwhile, Dogecoin is trading at $0.23, up by 1.1% in the past 24 hours. Investors are awaiting the SEC’s approval of a Spot Dogecoin ETF. Featured image from Pixabay, chart from TradingView

CryptoWzrd noted in a fresh update that Chainlink ended the day on a bullish note, with signs pointing to more upside ahead. The strength in LINKBTC is adding momentum, suggesting further pressure from the bulls. On the intraday chart, the $22 level is emerging as the next key bullish zone, while lower time frames remain the focus for spotting the next scalp opportunity. LINKBTC To Trigger A Reversal For Chainlink In an elaborate analysis, CryptoWzrd confirmed a strong bullish close for both the price of Chainlink and the LINK/BTC pairing. Notably, the LINK/BTC pair printed a powerful bullish daily candle, an event that coincided with a decrease in Bitcoin’s dominance. This simultaneous action suggests that capital is rotating out of Bitcoin and into altcoins like LINK, providing significant underlying strength. The analyst believes that a key confirmation of a major reversal is near. Achieving just one more bullish daily close from the LINK/BTC pair would offer further bullish momentum, which would solidify the reversal. Such a development would significantly aid LINK in becoming more bullish from its present price location. Looking at the price structure, the analysis identifies $20 as the primary daily support level for Chainlink. The current setup, driven by the strength in the LINK/BTC pair, suggests that if a second consecutive bullish daily close occurs, it could spur a rapid V-shape recovery. This implies that the recent dip would be quickly and aggressively retraced. Should this V-shape recovery materialize, the immediate outlook points to a rally toward key resistance targets such as $25, followed by the more ambitious target of $30. Holding Key Resistance Zone Could Unlock Fresh Long Opportunities CryptoWzrd highlighted that both volatility and a strong underlying bullish bias characterized the intraday chart. A key takeaway is that a move above the $22 resistance level is an indicator of strength. Based on this impending move, the analyst stated his intention to look for a long position. The analyst also outlined an alternate entry scenario that could present itself sooner. He suggested that if a bearish pullback were to occur from the current price location, followed immediately by a decisive bullish reversal, this reversal pattern could trigger an early long opportunity. Meanwhile, an immediate downside support level to watch is identified at $19.80. For the time being, the analyst is in a waiting period, as the current environment is ambiguous in terms of immediate entry. CryptoWzrd concluded that the next course of action is to wait for the market to further develop and produce chart formation that confirms the direction.

The Hyperliquid blockchain, one of the fastest-rising names in decentralized finance (DeFi), is facing a mounting security crisis after a string of high-profile incidents cast doubt on the safety of its money markets. On September 27, Hyperdrive, a flagship yield protocol on Hyperliquid, was forced to pause all markets following a confirmed exploit that drained an estimated $700,000 from two compromised Treasury Market positions. Supreme FinancePriceMarket CapHYPE$168.35K24h7d30d1yAll time What’s Behind the Hyperdrive Hack? Developers attributed the breach to a flaw in operator permissions: users had designated Hyperdrive’s Router as an operator, effectively granting it sweeping access to call any whitelisted contract. Attackers leveraged that loophole to manipulate positions and extract funds. Hyperdrive insisted the thBILL asset and HYPED governance token were not directly impacted, but the damage extended beyond the stolen funds. The incident marked the second major attack in 48 hours on Hyperliquid’s DeFi ecosystem. Just a day earlier, HyperVault, another yield protocol, saw $3.6M bridged out and laundered through Tornado Cash before its website went offline and social media accounts were deleted, pointing to an exit scam. DISCOVER: 9+ Best Memecoin to Buy in 2025 Mounting Exploit Pressure on Hyperliquid: Network Under Siege? The rapid sequence of losses has sharpened questions about Hyperliquid’s resilience. Community sentiment has shifted from celebrating Hyperliquid’s speed and composability to anxiety that the network is becoming a magnet for attackers. Security researchers say the problems may run deeper than individual protocol missteps. Hyperliquid, launched just last year with a $1.6Bn HYPE airdrop, operates on a high-throughput chain built atop Arbitrum. Its design, prioritizing ultra-fast execution, has long raised concerns about centralization. The network runs on just four validators, a concentration critics argue could make it highly vulnerable to coordinated breaches. Those warnings gained traction in December 2024 when blockchain sleuths linked North Korean Lazarus Group wallets to test transactions on Hyperliquid. MetaMask’s Taylor Monahan warned at the time that DPRK hackers were “kicking the tires” of the chain to identify exploits. While Hyperliquid Labs dismissed the claims, the HYPE token plunged over 20% in a single day as investors fled. (Source – HYPE USDT, TradingView) DISCOVER: 16+ New and Upcoming Binance Listings in 2025 The latest breaches appear to have reignited those fears. On-chain analytics show rising net outflows from Hyperliquid protocols since Friday, with over $200M in USDC withdrawn in less than 24 hours. The HYPE token, which reached a market cap above $11Bn earlier this year, has shed double-digit percentages in weekend trading. The reputational hit extends beyond price action. Institutions exploring exposure to Hyperliquid are now weighing whether its young ecosystem can support the level of security required for scaling. The fact that both Hyperdrive and HyperVault targeted yield-hungry retail users only deepens concerns that Hyperliquid has become fertile ground for opportunistic attackers. DISCOVER: 20+ Next Crypto to Explode in 2025 Join The 99Bitcoins News Discord Here For The Latest Market Updates The post Is a Security Crisis Heading For Hyperliquid? Flagship Protocol Hacked appeared first on 99Bitcoins.

The cryptocurrency market is in a tense mood after Bitcoin lost important price levels this week, and investor sentiment has taken a beating. This caused the Bitcoin Fear & Greed Index to plunge by 16 points in a single day, sinking to 28 yesterday, its lowest level since March. At the time of writing, the index has recovered slightly to 33, but it still in the Fear zone. This may unsettle many investors, but history shows that fearful conditions may be blessings in disguise for Bitcoin investors. Bitcoin Fear & Greed Index Drops To 28 This week has been tough for many cryptocurrencies, especially Bitcoin. Bitcoin, which started the week above $115,000, entered into an extended decline that saw it break below $110,000, which in turn led to liquidations of over $1 billion worth of positions across the industry. This move also saw Ethereum break below $4,000, alongside altcoins likes XRP, Solana extending to the downside. Taken together, these moves erased the cautious optimism of last week, when the index sat at a neutral level of 48. Instead, Bitcoin’s Fear and Greed Index fell to as low as 28, which is a dramatic 16 point plunge in a single day. This crash in the Bitcoin Fear and Greed Index shows just how fast sentiment can reverse when important price thresholds fail to hold. However, while the fearful mood might appear to be a bearish hint, these conditions could be an opportunity for long-term traders. The Fear and Greed Index has historically been a contrarian indicator, with extreme fear levels typically appearing before significant rebounds. Earlier in March, when the index last reached similar depths, Bitcoin was trading at a relative low around $83,000. Today, even after breaking below 30 on the index again, Bitcoin is about $27,000 higher than it was in March. Bitcoin Fear And Greed Index. Source: Alternative.me Constructive Outlook For The Coming Weeks The broader takeaway from this sentiment shift is that the crypto market may be closer to its next recovery phase than many expect. The index’s slight rebound to 33 today from yesterday’s low of 28 shows that some traders are already positioning for a turnaround. For one, Bitcoin’s current prices could give savvy investors the chance to accumulate Bitcoin at discount prices. Bitcoin rarely sustains rallies in conditions of overwhelming greed. Instead, consolidations and corrections reset sentiment and make room for healthier growth. For instance, crypto analyst Michael Pizzino said in a post on X, that the most recent fear could be the turning point Bitcoin and crypto has been waiting for. In this sense, the fearful environment may be setting the stage for Bitcoin, Ethereum, and other altcoins to build bullish momentum once selling pressure eases. Now, the most important thing is for the Bitcoin price to reestablish itself above $110,000. At the time of writing, Bitcoin is trading at $109,220. Featured image from Unsplash, chart from TradingView

Justin Sun and Tron’s legal battle with Bloomberg just got a lot bigger and a whole lot more complex. Here’s what’s next in the Tron founder’s legal dispute. A federal judge’s order and a fresh salvo from Justin Sun’s camp have escalated the TRON founder’s fight with Bloomberg over the disclosure of his crypto holdings. TRON founder Justin Sun’s legal dispute with Bloomberg deepened this weekend after his representatives accused the news outlet of breaking a confidentiality promise. The statement came days after a Delaware federal judge rejected Sun’s request to block Bloomberg from publishing details of his personal wealth. The update was posted on Sunday on TRON DAO’s Medium page. Sun’s team said the case is about “accountability” and claimed “some of what [Bloomberg] published was blatantly inaccurate.” What Asset Figures Reported by Bloomberg Were Highlighted in Court? On September 22, Judge Colm Connolly denied Sun’s bid for a temporary restraining order and preliminary injunction. The court said Sun had not shown a strong chance of winning or proof of irreparable harm. Sun’s legal team stressed that Judge Colm F. Connolly’s denial was based only on the high bar for early injunctions, not on the strength of their case. They argued that Bloomberg “broke a contractual promise of confidentiality” in publishing details of his holdings. In his order, Judge Connolly said Sun had not shown enough proof that Bloomberg agreed to keep the information private. He also pointed to Sun’s own prior disclosures that weakened his claim to confidentiality. The ruling cited Bloomberg’s reported numbers: more than 60Bn TRX, about 17,000 BTC, 224,000 ETH, and 700M USDT. The court decision came the same week Bloomberg ran a prominent feature on Sun, detailing his growing profile in US political circles. The coverage highlighted public interest in his wealth and influence, underscoring why the dispute over confidentiality has drawn so much attention. https://twitter.com/coryklippsten/status/1955870557846610302 DISCOVER: 9+ Best Memecoin to Buy in 2025 What Are Justin Sun’s Main Allegations Against Bloomberg? The order also cited sworn statements from Bloomberg journalists, who denied making any confidentiality pledge, and noted that some of the asset figures matched outside estimates and Sun’s public posts. Sun’s lawsuit, filed in August, alleges that Bloomberg unlawfully disclosed private facts and broke a promise tied to its Aug. 11 Billionaires Index profile. His team insists the case is contractual, saying “the First Amendment does not give media companies a right to breach contracts or spread misinformation.” As per Coingecko data, TRX traded near $0.338 on Sunday with a market cap of $32Bn, showing little immediate reaction to the legal fight. TronPriceMarket CapTRX$29.12B24h7d30d1yAll time The case highlights the tension between transparency about a high-profile crypto executive’s wealth and claims of privacy. As the dispute moves forward, more hearings are expected. The case continues on the merits in Delaware. The court’s denial applies only to interim relief; discovery and further motions could follow, or the parties could move toward settlement. For now, Bloomberg’s reporting remains online, and Sun’s camp says it will “continue to challenge misinformation” as proceedings unfold. DISCOVER: 16+ New and Upcoming Binance Listings in 2025 Join The 99Bitcoins News Discord Here For The Latest Market Updates The post Justin Sun’s Battle With Bloomberg Just Got Bigger appeared first on 99Bitcoins.

The cryptocurrency market remains in disarray following widespread declines, yet the XRP price continues to attract the attention of analysts who maintain an optimistic outlook. One expert noted that XRP has just printed a rare and bullish setup, with multiple chart indicators aligning in support of upward momentum. XRP Price Forms Rare Multi-Layered Bullish Setup According to crypto market expert Bobby A, XRP is in a rare market position, consolidating above key historical levels while preparing for a move that could lead to new all-time highs. He noted that different indicators are aligning in support of a possible uptrend. In a chart shared on X social media, Bobby explained that XRP’s market capitalization has been holding above its 2018 peak for more than 300 days, an uncommon show of strength amid the recent downturn. This long consolidation above a major resistance-turned support level suggests a massive build-up of energy before the next leg higher. He argues that this base formation signals a potentially explosive move to the upside, with the next market cap targets identified at $173 billion and a peak around $727 billion. On the price front, Bobby reveals that XRP has been forming a multi-month bullish flag pattern on its charts. He labels the critical support zones as “Base Camp 1” around $1.9 and “Base Camp 2” at $2.89—both of which have been successfully defended. He further highlighted that the monthly Relative Strength Index (RSI) is also positioning itself for one final push toward overbought territory, often a precursor to a sharp upward move. Based on his projections, XRP’s take profit zones sit between $5 and $13, levels that would mark fresh all-time highs. Bobby’s analysis highlights that XRP’s indicators are “firing on all cylinders,” with momentum across higher timeframes aligning for a potentially powerful surge. He further pointed out that Bitcoin Dominance (BTC.D), currently at 58.7%, is set to retrace toward the mid-to-low 40% zone soon. Such a move would enable altcoins like XRP to capture a larger market share, thereby reinforcing the likelihood of a bullish breakout. The analyst described this rare alignment as a generational setup that occurs only a few times in a decade. Bearish Divergence Sparks Short-Term XRP Sell-Off While XRP appears to be resisting the present market downturn, not all analysts share an immediate bullish sentiment. Crypto expert JD has warned about a Bearish Divergence forming on XRP’s weekly chart—a signal that has now played out as expected. As shown in the chart, while XRP’s price made higher highs, the RSI indicator printed lower highs, creating a textbook Bearish Divergence pattern. This divergence has already led to a sharp 27% correction from the $3.37 take profit level that JD had previously identified. According to him, many market participants are now questioning why XRP has been under pressure despite broader optimism. JD argues that the Bearish Divergence was the clearest warning signal, and those who ignored it are now witnessing its full effect. He cautions that while XRP may still avoid a deeper breakdown into the “grey box” supply zone, the short-term trajectory remains bearish until momentum resets. Featured image from Unsplash, chart from TradingView