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Day: October 8, 2025
XRP Fear Index Spikes To 6-Month High, And That Could Spark Its Next Breakout
According to Santiment, XRP is seeing its highest level of retail fear, uncertainty and doubt in six months. That surge in negativity is being read by some analysts as a contrarian signal — fear on the street could come just before a turnaround. Related Reading While traders grumble, on-chain data shows crowd mood tipping toward worry, and Santiment points out that when retail panic grows, markets have a habit of moving in the opposite direction. Retail Fear Hits Six-Month High Based on reports from the blockchain analytics firm, the bullish-to-bearish…
Why Michael Saylor told MrBeast to buy bitcoin?
On Oct. 5, 2025, one of the best-known bitcoin advocates, the founder of Strategy, Michael Saylor, told the YouTube star Jimmy Donaldson, known as MrBeast, to buy bitcoin. It was a reply to the post in which MrBeast voiced his concerns over the future of the YouTube creators, as they might be losing their jobs because of AI-generated videos. Does the top-ranking YouTuber known for handing out thousands of dollars to strangers really have financial concerns, and how crypto-savvy is he? Summary MrBeast took to X to share his concerns…
Youngest Self-Made Billionaire Emerges as NYSE Parent ICE Invests $2 Billion in Polymarket
Key Notes The NYSE parent company’s investment marks one of the largest traditional finance deals in crypto history. Coplan overcame early financial struggles and regulatory challenges, including a 2022 CFTC fine and US user ban. Polymarket secured regulatory approval by acquiring a CFTC-licensed exchange for $112 million in September 2024. Shayne Coplan, the 27-year-old founder and CEO of Polymarket, has ascended to the status of the youngest self-made billionaire following a landmark investment deal with the parent company of the New York Stock Exchange (NYSE), Intercontinental Exchange (ICE). Coplan, who…
Bitcoin Buying Pressure Continues to Build Above $120K
Key takeaways: Bitcoin’s net taker volume has rebounded from extremely bearish to neutral levels. Onchain and market data indicate controlled profit-taking, not panic selling. Binance data shows Bitcoin’s strongest buying momentum since July. Bitcoin (BTC) price stabilized above $120,000 after sharply correcting from its all-time high on Tuesday. As buyers step back in, spot and derivatives markets appear to be converging toward a more balanced state, providing a stronger foundation for the next move higher. Bitcoin four-hour chart. Source: Cointelegraph/TradingView According to CryptoQuant, the medium-term trend in derivatives markets has…
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Is Bitcoin Core ‘Woke?’ Some Knots Proponents Think So
The technical tug-of-war between two key factions in the Bitcoin community has now degenerated into identity politics. ‘Woke’ or ‘Based?’ Knots and Core Debate Diverging Ideologies What was once an obscure phrase used as early as the 1930s by African Americans to describe awareness of racism has now become a pejorative term thrown around by […] Original
Sorare Moves to Solana to Upgrade Its On-Chain Fantasy Sports Platform
Key Notes The platform chose Solana for its speed and scalability, processing 3,500+ transactions per second with 3.7M daily wallets. All cards automatically reissue as Solana NFTs with external marketplace trading while ETH balances transfer to Base L2. Nine public companies now hold 13M+ SOL collectively as Solana Company reports $525M+ holdings with 190% stock surge. Fantasy sports platform Sorare is migrating its entire NFT card collection to Solana SOL $227.8 24h volatility: 2.5% Market cap: $124.44 B Vol. 24h: $7.48 B by the end of October, bringing 5 million…
Publicly Traded Bit Digital Acquires $140M in Ethereum, Becomes 3rd Largest Holder
Key Notes Bit Digital’s $150 million financing round attracted Kraken Financial, Jump Trading Credit, and Jane Street Capital. Short traders faced $21 million in liquidations as Ethereum rebounded above $4,500 following a brief correction to $4,432. The company’s mNAV stands at $3.84 per share with conversion price at 8.2% premium reflecting investor confidence. Bit Digital, a publicly traded firm focused on Ethereum ETH $4 535 24h volatility: 1.5% Market cap: $546.95 B Vol. 24h: $39.80 B treasury and staking, has announced another major purchase, while derivatives short-traders were caught off…
Can The Bitcoin Price Explode To $200,000? The Gold Chart That Tells It All
Bitcoin has shown renewed strength on the weekly timeframe by resuming a steady uptrend that began earlier in the year. After several weeks of ranging between $110,000 and $120,000, Bitcoin is now on intense momentum supported by institutional demand, which has led to a new all-time high in the past 24 hours. Interestingly, technical analysis of Bitcoin’s weekly price chart shows the cryptocurrency is gearing up for an explosion to $200,000. This projection is based on Bitcoin’s ongoing price behavior being an exact replica of Gold’s rally during the 1970s.…