BC DEFI

Market sentiment continues to heat up as several major asset management firms await final approval of their Solana spot ETF applications, with October 10 considered a decisive day.

Once approved, these ETFs would open the floodgates for traditional finance (TradFi) capital to formally enter the SOL market, potentially triggering the next major upward wave in Solana’s price.

2 months ago | [YT] | 0

BC DEFI

🔥 BULLISH: JPMorgan analysts predict Bitcoin could reach $165,000 by the end of 2025, citing its undervaluation compared to gold and rising ETF inflows.

2 months ago | [YT] | 0

BC DEFI

Bitcoin broke above $120,000 late Thursday, extending the strong rally that began in September and has carried into October, a month traders often describe as bullish.

Earlier this week, Bitcoin saw a sharp rebound. On October 1, it briefly dropped to $114,000, but by October 2, the price had recovered to around $118,700–$118,900, with an intraday high of $119,500. The market showed seasonal volatility, as Bitcoin has averaged a 14.4% gain in October since 2013.

The broader cryptocurrency market also joined the rally. Ether rose 3.2% to $4,536. XRP gained 1.8% to $3.04, and Solana advanced 4.2% to $233.80. The total market capitalization climbed about 2%, reaching $4.2 trillion.

Despite the U.S. government shutdown that began earlier this month, the stock market has also rebounded. Trading desks noted that dip-buying and fourth-quarter repositioning are common patterns during October phases.

2 months ago | [YT] | 0

BC DEFI

Singapore, October 2 — From forecasts of a multi-trillion-dollar stablecoin market to praise for U.S. President Donald Trump’s support of the crypto industry, a high-profile conference in Singapore this week added fresh momentum to the sector.

The two-day TOKEN2049 conference concluded on Thursday, drawing about 25,000 attendees who gathered to collect merchandise from crypto companies and listen to speeches from figures such as Donald Trump Jr. and Chinese-born entrepreneur Justin Sun.

2 months ago | [YT] | 0

BC DEFI

Crypto Market Surges as U.S. Government Shuts Down

Bitcoin (BTC) jumped to its highest level in more than two months as the U.S. government shutdown fueled expectations of increased fiat liquidity, boosting demand for risk assets.

According to CoinDesk data, BTC is trading at $118,614.40, up nearly 4% in the past 24 hours, after briefly touching $119,455—its strongest level since mid-August.

Other major cryptocurrencies also rallied:

Ethereum (ETH) at $4,411.46

XRP at $2.9780

Solana (SOL) at $224.98

Dogecoin (DOGE) at $0.2562

These tokens gained between 4% and 7% in the same period.

The CoinDesk 20 Index (CD20), which tracks the performance of top digital assets, climbed 5% to 4,217 points, signaling broad-based strength across the crypto market.

2 months ago | [YT] | 0

BC DEFI

Ether price risks 15% drop in the near term Ethereum’s breakdown from the symmetrical triangle tilts the short-term outlook bearish. Typically, such patterns resolve in the direction of the prevailing trend, but a downside breach can flip the pattern into a reversal signal. The measured move from this triangle setup points toward $3,560, suggesting ETH could fall another 15% from current levels before October if selling pressure persists.

2 months ago | [YT] | 0

BC DEFI

The Sandbox-backed SANDchain debuts as a “creator-first” blockchain, with testnet slated for October 14 and SAND set to power gas and governance. Will this development make SAND the best new crypto for October? The SANDChain Foundation unveiled SANDchain on Tuesday, a new blockchain designed for the creator economy, set to debut publicly on October 1, 2025, at TOKEN2049 Singapore. A testnet rollout will follow on October 14. According to Coingecko data, as of late Tuesday, SAND traded near $0.26, with 24-hour volume between $38M and $43M.

2 months ago | [YT] | 0

BC DEFI

Bitcoin is about to enter what has historically been its best quarter, and by year-end, the cryptocurrency may reach a new all-time high.

Historically, the fourth quarter has been Bitcoin’s strongest period of performance.

According to Dow Jones Market Data, since 2015 Bitcoin — the world’s largest cryptocurrency by market capitalization — has averaged a 57.7% gain in the fourth quarter. By comparison, the average gains were 15% in Q1, 30.1% in Q2, and 6.6% in Q3.

Over the past decade, Bitcoin has only closed the fourth quarter in negative territory three times.

2 months ago | [YT] | 0