Tag Archives: cryptocurrencies

Hyperliquid Trader 0x9263 Earns $31M After 20 Straight Winning Trades

**Trader 0x9263 Nets $31M with 20 Consecutive Wins Since October 2025**

A trader known as 0x9263 has made a significant mark in the crypto trading world by securing over $31 million in profit from 20 consecutive winning trades since October 1, 2025. Operating on the decentralized exchange Hyperliquid, 0x9263 has demonstrated remarkable precision and skill with leveraged long positions in Ethereum (ETH), Bitcoin (BTC), Solana (SOL), and Uniswap (UNI).

### Impressive Profit with Leveraged Trades

Starting their winning streak on October 1, 2025, 0x9263 accumulated more than $31 million in realized profits across 20 successful trades. Currently, the trader holds $74.6 million in leveraged positions spanning four major cryptocurrencies.

Despite using high leverage—up to 25x—0x9263 has kept margin usage under 17%, showcasing careful and disciplined risk management. In the highly volatile crypto market, managing leverage and margin effectively is crucial to preserving profits.

This disciplined approach has enabled the trader to generate an impressive return on equity (ROE) of 220%. Such a high ROE has sparked interest and speculation about whether this success comes from sophisticated market analysis or exceptional timing.

### Strategic Shift from Short to Long Positions

Approximately six days ago, 0x9263 shifted their trading strategy, closing previous short positions and entering leveraged long positions on Ethereum, Bitcoin, Solana, and Uniswap. This move coincided exactly with a market rebound, particularly strong price movements seen in Bitcoin and Ethereum in early November.

The timing of this switch appears nearly flawless, with Ethereum acquired around $3,189, Solana near $153, and Bitcoin at approximately $100,648—just before these assets surged in value.

As of the latest update, 0x9263 holds substantial leveraged positions in these cryptocurrencies. These trades have generated significant unrealized gains, including over $2.6 million in profit on Ethereum alone.

### Community Reactions and Speculation

The astounding success of 0x9263 has sparked widespread curiosity across the crypto community. Some speculate the trader might possess “insider information,” while others liken 0x9263’s market accuracy to an almost supernatural ability to predict price movements.

Whether 0x9263 is an individual trader or an algorithm remains unclear. What stands out is the trader’s disciplined risk management. Their precise entry points and strict margin control suggest a highly calculated and methodical approach rather than reckless speculation.

### Hyperliquid’s Role in 0x9263’s Success

Hyperliquid, the decentralized perpetual exchange where 0x9263 conducts trades, is rapidly gaining attention as a platform that supports large leveraged positions.

0x9263’s high-profile success has contributed to increased interest in Hyperliquid, encouraging more whale traders and liquidity providers to migrate from centralized exchanges to this decentralized platform.

As the story of 0x9263 continues to unfold, their impressive 20-win streak cements them as a notable figure in crypto trading. Whether leveraging advanced algorithms, deep market analysis, or a combination of strategies, the trader’s approach has proven highly successful.

Given this momentum, Hyperliquid’s growth suggests that more traders may look to replicate such achievements on decentralized exchanges in the near future.
https://coincentral.com/hyperliquid-trader-0x9263-earns-31m-after-20-straight-winning-trades/

Top 2 Things That Could Pump Crypto Market This Week

The Crypto Market Shows Signs of Recovery Amid Key Upcoming Events

The crypto market is showing promising signs of recovery as several key factors contribute to renewed investor confidence. This week features two major events that have the potential to uplift the crypto sphere significantly.

### Government Shutdown Ends, Potential Boost for Crypto

The recent resolution of the U.S. government shutdown could restore some credibility to the economy, encouraging increased investment in digital assets. After 40 days of the government being partially closed since October 1, the U.S. Senate enacted a compromise measure to end the shutdown. Following intensive weekend deliberations, a few Democrats crossed party lines to join Republicans, securing a 60-vote majority in favor of funding the government.

While this is a major breakthrough, the deal still needs approval from the House of Representatives before federal operations can fully resume. The agreement also includes a plan for a December vote to extend healthcare subsidies—a priority for Democrats—which are set to expire this year.

The shutdown had wide-ranging impacts, including disruptions in air travel and leaving approximately 1.4 million federal workers without pay, along with millions of low-income Americans affected by halted food benefits. The negotiation led by Senate Majority Leader John Thune and Democratic senators offers hope for ending the longest shutdown in U.S. history, which could serve as a catalyst for a crypto market rally this week.

### Federal Budget Data and Market Sentiment

Adding to the market’s momentum is the upcoming release of the Federal Budget Balance data, scheduled for Thursday. This report will provide critical insight into the government’s financial status by revealing trends in revenue and expenditure, which could influence Treasury yields.

An increase in Treasury yields might trigger capital shifts toward riskier assets like cryptocurrencies, potentially boosting market performance. Complementing this, nine Federal Reserve speaker events are slated throughout the week, which may further sway market sentiment and investor behavior.

### Additional Economic Events to Watch

According to a recent post by KobeissiLetter, investors should also keep an eye on several economic indicators this week:

– **Monday:** Response to the 2,000 tariff dividend
– **Tuesday:** Publication of the NFIB Small Business Index
– **Wednesday:** Release of the OPEC Monthly Report

Together, these events suggest another week of potential volatility across financial markets.

### Crypto Market Performance Snapshot

The crypto market capitalization has surged by 4%, reaching $3.57 trillion over the past 24 hours. Bitcoin’s price has hovered above $106,000, while Ethereum has been recovering steadily. Other altcoins, including Dogecoin, Shiba Inu, and Cardano, have shown signs of recovery, reflecting growing investor confidence.

With prices climbing rapidly in recent weeks, the overall trend appears positive. However, many investors are asking whether this upward momentum can be sustained in the days ahead.

### Conclusion

The conclusion of the government shutdown and the release of important economic data this week could act as significant drivers for further growth in the crypto market. Investors will be watching these developments closely to gauge whether the market can maintain its current pace.

Stay tuned for ongoing updates as the situation evolves.
https://bitcoinethereumnews.com/crypto/top-2-things-that-could-pump-crypto-market-this-week/

Saylor Hints Bitcoin Buy Goldman Sachs Predicts More Rate Cuts

**Michael Saylor’s Strategy May Be Preparing Another Bitcoin Purchase as Goldman Sachs Forecasts Interest Rate Cuts by Mid-2026**

Michael Saylor’s investment firm, MicroStrategy, may be gearing up for another Bitcoin acquisition amid forecasts of a wave of interest rate cuts by mid-2026, according to Goldman Sachs. The Strategy founder’s latest social media post, captioned “Best continue,” has sparked fresh speculation of renewed accumulation, coinciding with the investment bank’s expectation that monetary easing could begin as early as December this year.

### Saylor’s Post Sparks Speculation of Fresh Bitcoin Accumulation

MicroStrategy currently holds approximately 641,205 BTC, which is valued at around $65.45 billion. With an average purchase price of $74,064 per Bitcoin, the firm is sitting on roughly $18 billion in unrealized gains.

The chart shared by Saylor highlights 85 separate Bitcoin purchases over time. Notably, last week the company increased its holdings with a $21 million purchase, which immediately reignited speculation that another buying phase may be underway. This move follows Saylor’s direct call to acquire more Bitcoin as the leading cryptocurrency trades near $101,000.

Each orange marker on Saylor’s graph represents a Bitcoin purchase, even during the significant downturns experienced in 2022. This consistent buying strategy has effectively lowered the firm’s cost basis, positioning MicroStrategy as one of the strongest long-term corporate holders of Bitcoin.

### Goldman Sachs Sees Three More Fed Rate Cuts

At the same time, Goldman Sachs is predicting a major shift in U.S. monetary policy that could further support Bitcoin’s next upward move. David Mericle, Goldman’s chief U.S. economist, stated that the Federal Reserve is likely to cut interest rates three times between December 2025 and June 2026. These cuts could reduce the federal funds rate to between 3% and 3.25%.

This outlook contrasts with the cautious optimism expressed by Fed Chair Jerome Powell, who has indicated that while inflation is declining and the labor market is weakening, rate cuts are unlikely to happen this year. Despite Powell’s cautious stance, Goldman Sachs analysts believe there are still compelling reasons for additional easing.

Generally, reductions in interest rates increase liquidity and risk appetite in financial markets, conditions typically viewed as bullish for cryptocurrencies. Lower interest rates and declining bond yields often encourage more investors to allocate funds toward assets like Bitcoin.

### Current Bitcoin Market Status

Bitcoin is currently trading at approximately $103,352, reflecting a 1.04% increase over the last 24 hours, according to TradingView data.

This combination of MicroStrategy’s consistent Bitcoin buying and Goldman Sachs’ forecast of future interest rate cuts suggests a favorable environment for the leading cryptocurrency in the coming years.
https://bitcoinethereumnews.com/bitcoin/saylor-hints-bitcoin-buy-goldman-sachs-predicts-more-rate-cuts/

Dogecoin Price Jumps 12% as Bitwise Spot ETF Launch Nears This November

**Dogecoin Price Surges Over 12% Amid ETF Approval Anticipation**

Dogecoin (DOGE) experienced a notable rally this week, with its price surging more than 12% in a single day to break above the $0.17 mark. This bullish momentum comes as investors grow increasingly optimistic about the potential approval and launch of Bitwise’s Spot Dogecoin ETF, expected by November 12.

### Bitwise Moves Closer to Launching First Spot Dogecoin ETF

Bitwise Asset Management recently filed its fourth amendment to the S-1 registration form with the U.S. Securities and Exchange Commission (SEC). This submission triggered a 20-day automatic waiting period under Section 8(a), requiring the SEC to respond by November 12. If no objections are raised by then, the ETF will be approved by default.

Notably, the latest amendment removed the clause for delayed effectiveness, signaling Bitwise’s readiness to proceed. Upon approval, the fund will trade under the ticker symbol “BWOW” on the NYSE Arca exchange and directly track the CF Dogecoin-Dollar U.S. Settlement Price Index. Coinbase Custody will handle custody of DOGE holdings for the fund, with all fees, structure, and custody arrangements now finalized.

This development marks a significant milestone for meme-based assets entering the traditional finance arena, with market participants closely monitoring the SEC’s decision.

### Strong Resistance Near $0.20 Due to Whale Accumulation

Dogecoin faces a key resistance level around $0.20, created by substantial investor activity. On-chain data from Glassnode highlights that approximately 11.12 billion DOGE tokens were accumulated near this price point. This dense concentration forms a significant selling pressure zone, as identified by cost-basis distribution heatmaps.

For Dogecoin to sustain its upward trajectory, breaking through this $0.20 resistance with robust trading volume is crucial. Failure to overcome this barrier could result in sideways consolidation or a price retracement. A successful breakout, however, would shift attention to the next resistance level around $0.22.

### Bullish Technical Indicators Signal Short-Term Strength

As of November 8, Dogecoin was trading at approximately $0.1807. Technical analysis on the 4-hour DOGE/USD chart reveals growing bullish momentum:

– The Moving Average Convergence Divergence (MACD) line has crossed above the signal line, indicating increasing buying activity.
– The Relative Strength Index (RSI) has risen to 64, reflecting stronger short-term demand.

These signals suggest traders are positioning for a potential continuation of the uptrend. However, a dip below $0.18 could prompt a retest of the $0.16 support zone. Short-term traders are closely watching these levels in anticipation of further news regarding the ETF approval. A positive SEC decision could serve as a catalyst for higher prices in the near term.

### Broader Crypto Market Sees Mild Recovery; Dogecoin Leads Gains

The overall cryptocurrency market is gradually recovering from earlier losses. After dropping nearly 6% over the past week, the market rebounded by 1.4% in the last 24 hours. Dogecoin’s standout performance during this bounce highlights growing interest and renewed positive sentiment around meme coins.

**Conclusion**

Dogecoin’s recent price surge and strong technical signals, coupled with the impending potential approval of Bitwise’s Spot DOGE ETF, have created a favorable environment for the cryptocurrency. Investors and traders alike are watching the $0.20 resistance level closely, as breaking through it could pave the way for further gains. The coming weeks will be critical in determining Dogecoin’s trajectory amid broader market recovery and industry developments.
https://coincentral.com/dogecoin-price-jumps-12-as-bitwise-spot-etf-launch-nears-this-november/

Arthur Hayes Says Zcash Is Now His Second-Largest Holding After Bitcoin

BitMEX co-founder Arthur Hayes has revealed that Zcash (ZEC) is now the second-largest holding in his family office, Maelstrom, trailing only Bitcoin (BTC).

“Due to the rapid ascent in price, ZEC is now the 2nd largest *LIQUID* holding in MaelstromFund portfolio behind BTC,” Hayes wrote in a Friday post on X.

This disclosure comes amid a sharp rally in Zcash, which has climbed from a low of $137 to over $730 in the past month—representing an increase of more than 400%.

Other privacy coins have also posted strong weekly gains. Dash (DASH), Decred (DCR), and ZKsync (ZK) have all gained more than 100%. However, major cryptocurrencies like Bitcoin (BTC) and Ether (ETH) have remained range-bound amid broader market uncertainty.

### Zcash’s Market Performance and Current Metrics

At the time of writing, ZEC trades at $548, down about 11.8% in the past 24 hours, with a market capitalization of $8.9 billion, according to CoinMarketCap. Trading activity remains elevated, with 24-hour volume up 139% to $4.63 billion.

Zcash’s circulating supply stands at 16.28 million ZEC, with a maximum supply cap of 21 million. The token’s fully diluted valuation (FDV) is around $11.5 billion.

### What Makes Zcash Different?

Zcash’s hybrid model supports both transparent and shielded transactions, making it a more palatable option for users seeking privacy. Like Bitcoin, it has a fixed supply of 21 million coins and is secured by a proof-of-work (PoW) mechanism.

### Privacy Movement Driving Zcash’s Comeback

Alex Bornstein, executive director of the Zcash Foundation, commented on the recent resurgence of Zcash, attributing it to an organic, grassroots privacy movement stemming from rising public concern over government surveillance and data control.

Speaking on Cointelegraph’s Chain Reaction show, Bornstein noted that this renewed interest reflects a “powerful narrative” around digital privacy and financial autonomy.

He also clarified that the Zcash Foundation, a US-registered nonprofit, had “absolutely nothing to do” with the wave of renewed attention surrounding ZEC.

“We were surprised to see when these mentions started popping up. Then to see that kind of wave just start to spread and then crest was extraordinary,” he said.

**Related:**
– Zcash knocking at door of top 10 cryptos as market cap smashes $10.6B
– Truth behind comeback of privacy-focused protocol Zcash in 2025
https://bitcoinethereumnews.com/bitcoin/arthur-hayes-says-zcash-is-now-his-second-largest-holding-after-bitcoin/

Japan’s FSA Eyes Tightening Crypto Lending Rules

**Japan’s Financial Services Agency Plans to Tighten Cryptocurrency Lending Regulations**

The Financial Services Agency (FSA) in Japan is moving to strengthen rules surrounding cryptocurrency lending, aiming to bring these services under the purview of the Financial Instruments and Exchange Act. This initiative is part of Japan’s broader effort to protect investors and enhance the security and transparency of its digital asset market.

### New Regulatory Measures for Crypto Lending

According to a recent announcement by Wu Blockchain on X, the FSA has been actively discussing plans to tighten regulations on crypto lending. Previously, some entities exploited loopholes by bypassing registration requirements under the pretext of borrowing activities. By closing these gaps, the agency seeks to enforce stronger risk management and custody controls within the rapidly evolving digital asset ecosystem.

The FSA has also proposed placing investment limits on Initial Exchange Offerings (IEOs) that lack financial audits. This move aims to curb excessive retail speculation and mitigate risks associated with unverified offerings. However, experts have cautioned that such caps could potentially be circumvented through secondary market transactions.

Additionally, the agency plans to focus on improving risk management around re-lending and asset pledging by ensuring proper asset segregation and mandatory risk disclosures. These efforts underscore Japan’s commitment to building a safer and more transparent crypto market.

### Japan’s Integration of Cryptocurrency with Traditional Finance

In a significant development, the FSA is considering allowing banks to invest in and hold Bitcoin (BTC) and other cryptocurrencies. Integrating digital assets into mainstream financial instruments will be accompanied by strict risk management protocols and capital safeguards, ensuring that these emerging assets are securely governed.

The move reflects the growing maturity of Japan’s crypto ecosystem, which continues to attract new businesses and technological advancements. For instance, on October 28, TIS Inc.—a publicly traded IT services company that supports major Japanese financial institutions—launched a multi-token platform in partnership with blockchain developer Ava Labs. This platform enables banks to issue and manage stablecoins and security tokens while adhering to ERC-20 token standards. Importantly, it incorporates key management infrastructure designed for financial-grade security.

### Conclusion

Japan’s Financial Services Agency is clearly taking proactive steps to regulate the cryptocurrency market more effectively. By tightening lending rules, setting investment limits, and potentially integrating cryptocurrencies within traditional banking frameworks, Japan aims to foster a robust, secure, and investor-friendly digital asset environment.

*Disclaimer: Coinspeaker is committed to providing unbiased and transparent reporting. This article is intended to deliver accurate and timely information but should not be considered financial or investment advice. Market conditions can change rapidly; please verify information independently and consult a professional before making decisions based on this content.*
https://bitcoinethereumnews.com/crypto/japans-fsa-eyes-tightening-crypto-lending-rules/

SuperApp iMe AI Announces iMe Wallet 2.0, Enabling Crypto and DeFi for Nearly a Billion Telegram Users

**Dubai iMe AI SuperApp Announces Imminent Launch of iMe Wallet 2.0: A Next-Gen Crypto Wallet Embedded in Telegram**

Dubai-based iMe AI SuperApp, a cutting-edge platform integrating artificial intelligence (AI), large language models (LLMs), decentralized finance (DeFi), and social communication powered by Telegram, is excited to announce the upcoming launch of **iMe Wallet 2.0**. This next-generation, self-custodial crypto wallet is built natively into both the iMe App and Telegram Mini Apps, poised to revolutionize the way nearly one billion Telegram users interact with digital assets worldwide.

### Bringing DeFi to Billions with Seamless Integration

By embedding iMe Wallet 2.0 directly into the iMe App—which has already surpassed 17 million downloads globally—and making it instantly accessible through Telegram Mini Apps without any extra installation, iMe is removing traditional barriers to crypto adoption. Now, every Telegram user can send, receive, and manage cryptocurrency seamlessly within their chats, using only Telegram handles. This eliminates the complexity of wallet addresses and dramatically simplifies the user experience.

### Fully Non-Custodial Control and Multi-Platform Support

iMe Wallet 2.0 is a **non-custodial wallet**, meaning users retain complete control over their private keys and funds. It supports multiple seed phrases and accounts, enabling users to securely manage diversified portfolios across mobile, desktop, and web platforms. Best of all, no downloads or registration processes are required—any Telegram user can start transacting immediately, unlocking a frictionless gateway into the world of cryptocurrency.

### What Makes iMe Wallet 2.0 a Game-Changer?

– **Instant Access:** Available to all Telegram users instantly—no downloads, no friction. Just open and transact.
– **Complete Self-Custody:** Your keys, your coins, your control.
– **Integrated DeFi Tools:** Instant decentralized exchange (DEX) swaps, token charts, portfolio analytics, and NFT support—everything in one sleek, intuitive interface.
– **Easy Fiat On/Off Ramps:** Convert between crypto and fiat effortlessly, plus QR code transfers available in just two clicks.
– **AI-Powered Intelligence:** Smart AI agents provide intelligent trading, real-time market insights, and automated wallet actions.
– **Advanced Security:** Extra encryption and multi-seed architecture deliver enterprise-grade protection and peace of mind.
– **SuperApp Functionality:** Unlock full features including real-time DeFi dashboards and cross-chain automation within the iMe SuperApp.

### Highlighted Features at a Glance

– **Instant DEX Swaps**
– **Live Portfolio Analytics & Token Performance Tracking**
– **Full NFT Support**
– **Fiat On/Off Ramps & QR Code Transfers**
– **In-App Address Book**
– **Support for a Wide Range of Cryptocurrencies and Digital Assets**
– **AI-Enhanced Personalized DeFi Agents and Real-Time Market Insights**

### AI + Finance: A New Paradigm in Everyday Communication

iMe Wallet 2.0 embodies the platform’s broader mission to fuse AI with finance directly inside day-to-day communication channels. Personalized, AI-powered DeFi agents empower users to optimize their portfolios and navigate the volatile crypto market with confidence and intelligence.

### Security and Privacy as Core Principles

Security is paramount. iMe Wallet 2.0 employs an advanced encryption framework combined with multi-seed security architecture to protect user data and assets at an enterprise-grade level. This reinforces iMe’s strong commitment to user privacy, safety, and autonomy.

### Enhanced Utility for LIME Token Holders

The **LIME token**, iMe’s native utility token, receives enhanced functionality with the introduction of Wallet 2.0. LIME holders will gain access to **Power Mode**, a premium feature offering:

– Reduced transaction fees
– Free internal transfers
– Exclusive AI-enhanced DeFi tools

This functionality is designed to increase the token’s utility within the ecosystem and drive real-world adoption.

### Accelerating the Convergence of AI, Communication, and DeFi

With over 500,000 daily active users already engaging with iMe’s platform, the launch of Wallet 2.0 is set to accelerate the convergence of AI, communication, and decentralized finance. By embedding the wallet into Telegram—one of the world’s most popular messaging platforms—iMe has a unique opportunity to expand crypto adoption far beyond the traditional user base and reach new global audiences.

### A Word from the Co-Founder

“We’re bridging AI, crypto, and communication, all inside the world’s most used messenger,” said Alex, co-founder of iMe. “Our goal is simple: to bring AI and DeFi into everyday life, for everyone.”

### The Future of Finance is Here

As iMe Wallet 2.0 prepares to go live, the lines between traditional messaging, AI, and blockchain dissolve. The result is a unified ecosystem where managing digital assets is as seamless as sending a message—ushering in a new era where the future of finance is integrated into everyday life.

### About iMe AI SuperApp

iMe AI SuperApp is a Telegram-based platform combining artificial intelligence, decentralized finance, and social communication. With over 17 million downloads and powered by the LIME token, iMe offers advanced AI tools, DeFi features, and secure, self-custodial crypto solutions directly within the Telegram experience. iMe is committed to making AI and DeFi intuitive, accessible, and a natural part of everyday life.

### Download Links & Resources

– iMe AI: [https://t.me/chatgpt_ai_ime_bot?start=from_134163805](https://t.me/chatgpt_ai_ime_bot?start=from_134163805)
– iMe DeFi Wallet
– iMe SuperApp

### Contact

Alex Borutski
Email: [email protected]

*Stay tuned for the official launch of iMe Wallet 2.0 and experience the future of finance embedded in your favorite messaging app.*
https://bitcoinethereumnews.com/crypto/superapp-ime-ai-announces-ime-wallet-2-0-enabling-crypto-and-defi-for-nearly-a-billion-telegram-users/

Bitwise Updates Spot Dogecoin ETF Filing as DOGE Price Eyes $0.35

Bitwise Advances Spot Dogecoin ETF Filing as DOGE Price Eyes $0.35

Bitwise has filed an 8(a) form for its Spot Dogecoin ETF, initiating a 20-day SEC review window. This filing marks a significant milestone for the meme coin’s potential entry into regulated markets. According to Bloomberg Senior ETF Analyst Eric Balchunas, the move signals Bitwise’s intent to move forward rapidly with the listing, barring any regulatory intervention.

## What is the 8(a) Form Filing?

The 8(a) form acts as an automatic effectiveness application. When filed with U.S. securities exchanges, it allows an ETF to be listed automatically after 20 days unless the Securities and Exchange Commission (SEC) objects. This means the Spot Dogecoin ETF could potentially launch within three weeks.

Bitwise has demonstrated a pattern of expedited filings and robust compliance strategies in the ETF sector. Their decision to pursue a Dogecoin product highlights the growing institutional interest in meme-based assets and their expanding role within investment portfolios.

## Implications of the Filing

This filing represents one of the first attempts to list a Dogecoin-focused ETF under automatic approval conditions. If the SEC does not intervene, the ETF could become one of the few meme coin-based funds available in the United States.

Analysts note that such a listing would broaden investor access to DOGE and could enhance its legitimacy within the broader cryptocurrency landscape. The upcoming 20-day period is crucial, as it will determine whether the fund moves forward smoothly or faces additional regulatory scrutiny.

## DOGE Price and Technical Outlook

Amid the ETF filing momentum, DOGE’s price remains range-bound but shows notable volatility. As of the latest data from CoinGecko, DOGE trades at $0.1659 with a 24-hour trading volume of approximately $1.82 billion. The token has gained 1.16% over the past day but is down 10.68% over the last week.

Technical analyst NekoZ has identified a large symmetrical triangle pattern forming on DOGE’s weekly chart, now approaching its apex. DOGE currently sits near the lower boundary of this triangle, which is often a strong support and bounce zone.

A confirmed breakout above the upper trendline of this triangle could propel DOGE’s price toward $0.35, potentially triggering a new impulse phase. Market participants are closely watching these technical levels as the ETF narrative evolves.

## Looking Ahead

Historically, ETF milestones have influenced sentiment and price action across major cryptocurrencies. If DOGE maintains its current support levels, the combination of regulatory progress and favorable technical patterns could reshape its short-term trading trajectory.

The next few weeks will be critical for both the Spot Dogecoin ETF filing and DOGE’s price development.

*The post Bitwise Updates Spot Dogecoin ETF Filing as DOGE Price Eyes $0.35 appeared first on Blockonomi.*
https://bitcoinethereumnews.com/tech/bitwise-updates-spot-dogecoin-etf-filing-as-doge-price-eyes-0-35/

Crypto Liquidity Peaks at $560B: Market Now Recycling Capital, Not Growing

Liquidity in crypto is the pulse of every price action in the digital assets world. While technological adoption and innovation define long-term narratives, money is what really drives short-term momentum.

Wintermute recently reported that the liquidity which previously fueled crypto’s growth has waned. The market is now experiencing a phase of internal capital rotation rather than new growth. Since mid-2025, the impressive expansion has begun to level off, indicating a drastic slowdown in the inflow of new external capital.

### How Liquidity Shapes the Crypto Market

Liquidity refers not only to market depth but also to the availability of capital itself. When the global money supply increases or interest rates decrease, excess liquidity naturally seeks out riskier assets, such as cryptocurrencies.

Historically, Bitcoin and Ethereum have been the main beneficiaries of such liquidity waves, as witnessed during the 2021 bull market. According to data from Wintermute, ETFs and Digital Asset Treasuries (DATs) enhance liquidity, which in turn tends to push the prices of digital assets higher. Conversely, market rallies lose momentum when inflows diminish.

This relationship is evident in the liquidity composition chart, which shows total market capitalization closely tracking the combined supply of stablecoins, ETF assets under management (AUM), and DAT net asset value (NAV).

### Three Core Channels of Capital Entry

Liquidity enters the digital asset ecosystem primarily through three channels:

– **Stablecoins:** These act as the on-chain equivalent of fiat currency and serve as collateral for trading and leverage.
– **ETFs:** Exchange-Traded Funds provide regulated access to Bitcoin and Ethereum, connecting traditional investors and institutions to crypto.
– **Digital Asset Treasuries (DATs):** On-chain funds and yield-generating products tokenize real-world assets, bridging them to DeFi liquidity.

Wintermute emphasizes that while these three components form the foundation of crypto liquidity, all have shown signs of stagnation recently.

### Expansion Has Stalled Within Liquidity Channels

Between early 2024 and November 2025, stablecoins doubled to approximately $290 billion, while ETFs and DATs grew fourfold to $270 billion. However, this growth has now plateaued.

Data reveals that the three-month average change in ETF AUM and DAT NAV has remained flat since September 2025, signaling a halt in external inflows. Simply put, liquidity is not leaving crypto; it is circulating within the system—shifting between Bitcoin, altcoins, and DeFi protocols—instead of attracting new capital.

### Why Fresh Money Has Stopped Flowing

The slowdown is not necessarily due to a global liquidity crunch. M2 money supply remains stable, and central banks are gradually easing monetary conditions. However, high short-term yields and an attractive risk-free rate environment have trapped institutional funds in Treasury bills and money market funds, rather than sending them into digital assets.

Wintermute analysts note that the sustained higher SOFR rate has created a temporary headwind for speculative risk-taking. As a result, the crypto market is experiencing capital inertia, where current liquidity rotates internally without expanding.

This internal rotation explains why recent rallies have been short-lived and shallow. Money moves between large holdings such as Bitcoin and Ethereum and smaller altcoin markets, resulting in volatile, player-versus-player (PVP) market dynamics.

### What Could Reignite Momentum

A fresh injection of liquidity through any of the three primary channels would spark widespread market rallies. Indicators of renewed external capital would include new stablecoin issuances, increased inflows into ETFs, or the creation of new DATs.

Until such developments occur, crypto remains in what Wintermute calls a “self-funded phase”—a period of internal recycling of funds rather than external growth.

Encouragingly, macroeconomic conditions are becoming more favorable for future growth. Global quantitative tightening (QT) is ending, and monetary easing is beginning. Should risk appetite return and institutional investors start reallocating capital, the crypto industry could once again become a significant liquidity source.

By understanding the crucial role of liquidity and the current market dynamics, investors can better navigate the complexities of the crypto ecosystem during this transitional phase.
https://bitcoinethereumnews.com/crypto/crypto-liquidity-peaks-at-560b-market-now-recycling-capital-not-growing/

Bitcoin retail buyer at ‘max desperation,’ but no crypto winter: Bitwise CIO

Bitcoin’s fall below $100,000, its lowest level since June, has sparked fears that the worst is yet to come—a so-called crypto winter, a prolonged bear market in cryptocurrencies that the market wrestles with every time digital currencies sell off hard in a short period.

However, Bitwise Chief Investment Officer Matt Hougan offers a more optimistic view. While retail investors are currently in “max desperation” mode, he sees this as a potential sign that crypto prices may bottom out sooner rather than later.

Speaking on CNBC’s “Crypto World” on Tuesday, Hougan said, “It’s almost a tale of two markets. Crypto retail is in max desperation. We’ve seen leverage blowouts. The market for crypto-native retail is just more depressed than I’ve ever seen it.”

Despite this, Hougan believes that more crypto trading will continue to shift towards an institutionally driven market, which, interestingly, remains bullish. “When I go out and speak to institutions or financial advisors, they’re still excited to allocate to an asset class that, if you pan back and look over the course of a year, is still delivering very strong returns.”

“My view of the market is we have to get through this retail flush out. We have to hit bottom from a sentiment perspective. I think we’re very close to that,” he added.

The boom in crypto exchange-traded fund (ETF) launches—such as the iShares Bitcoin Trust (IBIT), Fidelity Wise Origin Bitcoin Fund (FBTC), and Grayscale Bitcoin Trust (GBTC)—is changing the investor composition. Although week-to-week flows into these ETFs have slowed since the second quarter, Hougan notes, “We continue to see strong inflows into bitcoin.”

He expects increased support for crypto to materialize toward the end of the year among financial advisors, who will likely look past the current dip and view it as “an opportunity to show their clients that they understand where this market is going.”

Bitwise’s own Solana staking ETF (BSOL) attracted over $400 million in flows during its first week. However, it has experienced a sharp sell-off amid the recent crypto downturn, losing nearly 20% since its October 28 debut.

Last week, Strategy CEO Michael Saylor told CNBC he believes bitcoin could reach $150,000 by the end of the year—one among several recent bullish calls that, for now, seem ill-timed given current conditions.

Still, Hougan does not dismiss Saylor’s prediction. “I think bitcoin could easily end the year at new all-time highs,” he said. “That means getting north of about $125,000 up to $130,000. Whether we’ll get all the way to $150,000, we’ll have to see.”

“I do think the sellers are nearing exhaustion and the buyers are still relatively hungry. When those two things cross paths, again, I think we could end the year close to or at new all-time highs. And if we’re lucky, we’ll get to Saylor’s target as well,” he added.

Hougan describes institutional investors as “more maybe even-keeled about what’s going on at a fundamental level in crypto” and believes they will start to drive the market forward.

“But we do have to finish this washout of retail sentiment. I think we’re closer to the end of that than the beginning, but there always could be a little bit more downside,” he concluded.
https://bitcoinethereumnews.com/bitcoin/bitcoin-retail-buyer-at-max-desperation-but-no-crypto-winter-bitwise-cio/