Day: October 16, 2025

IG Group Exits Small Exchange in $100M Deal With Kraken

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Bitcoin Needs Fresh Catalyst To Avoid Price Decline: Analysts

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Bitcoin may struggle to sustain its upward trend unless something triggers more excitement among investors, according to Glassnode. “Without a renewed catalyst to lift prices back above $117.1k, the market risks deeper contraction toward the lower boundary of this range,” Glassnode said in a report published on Wednesday.  Bitcoin (BTC) is trading at around 5% below the $117,000 level, trading at $110,840 at the time of publication, according to CoinMarketCap. Bitcoin has declined by 4.19% over the past 30 days. Source: CoinMarketCap “Historically, when price fails to hold this zone,…

Ethereum Beware — Analyst Says XRP’s Next Bull Run Could Be Deadly

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According to market charts and comments from well-known traders, XRP’s price action is drawing fresh attention as some investors say it could challenge Ethereum’s spot in the rankings. Related Reading A decade-long chart was shared that traces moves from 2013 through 2025, and one commentator went as far as to call the next leg a potential “Ethereum killer.” That claim has reignited debate across crypto circles. Technical Patterns Signal Repeats Crypto analyst Peter Brandt pointed to a repeating set of shapes on XRP’s chart — symmetrical triangles and long consolidations…

Bitcoin price tests support as spot BTC ETFs see outflows

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Bitcoin price slipped lower on Oct. 16, testing key support around $111,000 as spot Bitcoin exchange-traded funds swung back to net outflows after a brief return to inflows.  Summary Bitcoin trades around $111K as BTC spot ETFs record $94M in outflows. Trading volume and derivatives activity signal cautious sentiment. Dovish Fed tone offers hope for renewed upside momentum. As of this writing, Bitcoin was trading close to $111,673, down 8% over the previous week and 0.5% over the previous day. Trading volume has fallen sharply to $66.2 billion, a drop…

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Dogecoin (DOGE) Bears Dominate — Price Action Suggests More Downside Ahead

Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance with his keen insights and astute chart analysis. From a young age, Aayush exhibited a natural aptitude for deciphering complex systems and unraveling patterns. Fueled by an insatiable curiosity for understanding market dynamics, he embarked…

Cardano (ADA) Rebounds 2.2% to $0.70 as Whales Accumulate 200M Tokens Ahead of Berlin Summit

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Cardano (ADA) edged higher to $0.70 (+2.2%) on Wednesday as on-chain data showed large holders buying the dip. Related Reading Whale and mid-tier wallets snapped up roughly 200 million ADA over 48 hours, about $140 million at recent prices, after last week’s volatility knocked the market lower. The build-up comes as the project readies the Cardano Summit in Berlin (Nov. 12–13), adding a fresh narrative tailwind into Q4. ADA’s price trends to the downside on the daily chart. Source: ADAUSD on Tradingview Whales Scoop ADA as Selling Pressure Cools Analytics…

Banks Can Hide Fat Finger Errors but Crypto Is Transparent

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Paxos’ accidental minting of $300 trillion PYUSD on Wednesday, while undoubtedly concerning, serves as a case study as to why blockchain could shine in traditional banking.  On Wednesday, Paxos mistakenly minted $300 trillion worth of the PayPal USD (PYUSD) stablecoin, describing it as an “internal technical error.”  What’s important, however, is that the blockchain allowed its mistake to be quickly identified and corrected. The incident took place on Oct. 15 at 7:12 pm UTC, and the entire amount was burned just 22 minutes later, as onlookers caught onto it almost…

XRP Price Coils Below Resistance — Bulls Prepare For Possible Upside Explosion

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Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance with his keen insights and astute chart analysis. From a young age, Aayush exhibited a natural aptitude for deciphering complex systems and unraveling patterns. Fueled by an insatiable curiosity for understanding market dynamics, he embarked…