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Justin Sun Stakes $150M in Ethereum as Whales Quietly Load Up

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Ethereum Whales Back in Accumulation Mode: Big Names Make Bold Moves

Ethereum whales are returning to accumulation mode, and this time, it’s not just retail panic-buying. Major players are making calculated moves. Justin Sun, the founder of TRON, recently staked 45,000 ETH—worth approximately $154.5 million—through Lido, the largest Ethereum liquid staking platform.

This deposit came shortly after he withdrew the same amount from AAVE, signaling a strategic shift from lending yield to staking rewards. Sun now holds roughly $534 million in Ethereum, slightly more than his TRX holdings valued at around $519 million. For someone who built an empire on TRON, this sends a loud message: Ethereum is still the king of smart contracts, and Sun clearly recognizes its dominance.

Data from Arkham Intelligence confirms this transfer, showing the entire move executed in a single on-chain transaction. This action caused a minor uptick in Lido’s total value locked, reflecting growing confidence in Ethereum staking.

The Billion-Dollar ETH Whale Accumulation

Justin Sun is not alone in making aggressive plays. Over the past three days, on-chain data reveals that whales have collectively purchased 394,682 ETH—worth roughly $1.37 billion.

In a market where many traders are still waiting for Bitcoin to confirm a breakout, smart money is quietly building exposure to Ethereum. These are not retail-level buys but multi-million-dollar inflows from institutional and high-net-worth wallets.

On-chain researcher 0xNonceSense pointed out that this accumulation pattern coincides with ETH’s recent dip, suggesting that whales are heavily dollar-cost averaging rather than chasing price action.

Tom Lee’s Bitmine Makes a Big Entrance

Adding fuel to the bullish narrative, Tom Lee’s Bitmine recently purchased 40,718 ETH—a transaction valued at $137 million. This acquisition represents over 10% of total whale accumulation for the week.

Bitmine’s aggressive positioning signals strong institutional confidence, even as Ethereum price consolidates. Rather than waiting for a breakout, they appear to be betting on it. Market watchers interpret this as a powerful vote of confidence in Ethereum’s fundamentals.

If institutions are increasing exposure while the broader market hesitates, it may mark the early stages of a new accumulation phase for ETH.

Ethereum’s Record 24,192 TPS: A New Scaling Era

While whales accumulate, Ethereum itself achieved a record 24,192 transactions per second (TPS)—the highest throughput in its history. This milestone is largely thanks to Layer 2 (L2) solutions, especially Lighter, which consistently processes around 4,000 TPS since its launch.

This breakthrough signifies the beginning of Ethereum’s scaling era, where L2s handle the execution layer, positioning Ethereum as a settlement and security backbone for the entire ecosystem.

The improvement is not just a technical milestone; it represents a narrative shift. For years, critics pointed to slow transaction speeds and high gas fees as evidence that Ethereum couldn’t scale. Now, the data proves otherwise. Developers and analysts see this as validation that Ethereum’s roadmap is delivering results. L2s are no longer experimental—they are production-ready and driving real usage.

The Bigger Picture: Smart Money Accumulation

When Ethereum whales buy during quiet markets, it often signals the start of a new accumulation cycle. Smart money tends to act before narratives shift, before headlines change, and well before retail buyers notice.

What’s happening now is a perfect example:

  • 394,682 ETH bought in just three days
  • $1.37 billion in inflows
  • 45,000 ETH staked by Justin Sun
  • 40,718 ETH bought by Bitmine

These are strategic moves by informed entities who understand where the market is headed. Ethereum’s fundamentals are stronger than ever—with record throughput, robust validator yields, and a growing ecosystem of L2 projects.

Meanwhile, prices are consolidating, and on-chain data shows consistent outflows from exchanges—a signal that investors are moving ETH off trading platforms into long-term storage or staking.

Why the Market Should Pay Attention

The combination of whale accumulation and record network performance paints a bullish medium-term picture for Ethereum. Historically, similar on-chain activity has preceded major rallies.

The 2021 bull run, for example, began with comparable waves of whale buying focused on staking and long-term holding. The difference this time is the scale and infrastructure in place.

Ethereum’s L2 ecosystem—including Arbitrum, Optimism, and now Lighter—can handle thousands of transactions per second, supporting a global network of decentralized apps and finance.

Simultaneously, the liquid staking economy—led by platforms such as Lido, Rocket Pool, and EigenLayer—offers new yield opportunities, incentivizing whales to hold ETH long-term rather than trade short-term.

The Ethereum story right now isn’t just about price; it’s about conviction. While traders panic over short-term volatility, billionaires and institutions are building long-term exposure.

Justin Sun’s $150 million staking move and Bitmine’s $137 million purchase are clear statements: those with the most information and resources are betting heavily on Ethereum’s future.

With record network speeds, surging whale activity, and a maturing ecosystem, Ethereum appears to be entering a new phase—one led by fundamentals rather than hype.

So, when you see the next dip, remember who’s buying it.

Disclosure: This is not trading or investment advice. Always do your own research before buying any cryptocurrency or investing in any services.

https://themerkle.com/justin-sun-stakes-150m-in-ethereum-as-whales-quietly-load-up/

general

ETH2 Beacon Deposit Contract Now Controls 60% Of All Ethereum: Arkham

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**Arkham Intelligence Reveals Ethereum’s Largest ETH Holders: Staking Contract Leads the Pack**

New on-chain research from Arkham Intelligence this week reveals that the wallet address holding the most ETH today is neither an individual, nor an exchange, nor an ETF issuer—but the staking contract that secures the Ethereum network.

According to Arkham, the ETH2 Beacon Deposit Contract currently holds more than 72.4 million ETH, worth around $252 billion at current market prices. This staggering amount represents approximately 60% of Ethereum’s total supply, underscoring the critical role of staking in the network’s security and operation.

### Largest Individual ETH Holders

In terms of individual ownership, the research confirms that the largest known individual holder of ETH is Rain Lohmus, the founder of the Estonian bank LHV. Lohmus purchased 250,000 ETH in the 2014 presale for roughly $75,000. Today, those coins would be worth approximately $871 million. However, he no longer has access to them as he lost the private keys years ago.

The second largest identifiable individual holder is Ethereum co-founder Vitalik Buterin, who currently holds around 240,000 ETH. This amount is valued at about $840 million.

### Institutional Holders and Exchanges

Beyond individuals, centralized exchanges and institutional entities collectively control some of the largest ETH pools:

– **Binance** holds approximately 4.09 million ETH.
– **BlackRock**, the asset manager, owns around 3.94 million ETH, primarily associated with its iShares Ethereum Trust ETF.
– **Coinbase** follows closely, with around 3.5 million ETH spread across multiple addresses, including cold wallets and staking reserves for its cbETH staking token.
– **Bitfinex** also appears among the top institutional holders.

### Government Seized Funds and Stolen ETH

Arkham’s research also highlights government holdings. For example, the United States government controls about 60,000 ETH, mainly consisting of seized criminal funds. These include funds from the Potapenko/Turogin case and seizures related to the Bitfinex hacker incident.

High-profile hacker wallets remain significant holders as well. Notably, the wallet controlled by the Gatecoin exploiter still holds more than 156,000 ETH stolen back in 2016.

### Wrapped Ether (WETH) and Layer-2 Bridges

On the infrastructure side, the Wrapped Ether (WETH) contract holds over 2.2 million ETH. This supply represents WETH minted to make ETH compatible with the ERC-20 token standard.

Native Layer-2 bridges also account for substantial locked ETH balances:

– Arbitrum’s native bridge has approximately 833,000 ETH deposited.
– Base’s bridge holds around 723,000 ETH.

### Summary

Overall, the latest on-chain data from Arkham Intelligence identifies staking contracts, exchanges, ETF issuers, bridges, and custody platforms as the largest known entities holding Ether today. These insights provide a clearer picture of Ethereum’s distribution landscape and the key players supporting its ecosystem.
https://bitcoinethereumnews.com/ethereum/eth2-beacon-deposit-contract-now-controls-60-of-all-ethereum-arkham/

general

The Data Fog Envelopes Jobs, Prices And Tariffs

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MV Financial
*1.03K Followers*

**Weekly Summary: Politics, Economy, and the Impact of Absences**

This week has been full of news spanning politics, the economy, and much more. However, it has also been a week where notable absences have loomed large. The ongoing data fog has already begun to affect the central bank’s traditionally smooth decision-making process, evidenced by dissenting votes in each of the last three FOMC sessions.

Additionally, the Supreme Court weighed in with what appeared to be a rather caustic critique of the Trump administration’s legal authority regarding the barrage of tariffs imposed since taking office. Over this period, the average tariff on goods entering the US has risen sharply—from 2.4 percent to 17.9 percent.

Typically, this week would have marked Jobs Friday, when the Bureau of Labor Statistics releases employment data, but the theme of absences remains prevalent as this important report was notably delayed.

—

**About MV Financial**
MV Financial is a Washington, DC-area asset manager offering investment advisory services through MV Capital Management, a Registered Investment Advisor. We specialize in deep research across a wide range of asset classes and investment vehicles, aiming to transform knowledge into actionable investment solutions tailored for individual, family, and institutional clients.

—

**Comments**
*Recommended For You*
https://seekingalpha.com/article/4840816-data-fog-envelopes-jobs-prices-tariffs?source=feed_all_articles

business, finance, technology

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

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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/

general

Bitcoin Ends October in the Red for the First Time Since 2018

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**Bitcoin Wraps Up First Red October in Seven Years Amid Mixed Signals — But November Brings Optimism**

For the first time in seven years, Bitcoin has closed out an October in the red. The leading cryptocurrency slipped 3.69% during the month, marking its worst October since 2018 — a rare departure from its historically bullish Q4 trend.

Back in 2018, Bitcoin’s red October was followed by a brutal November crash that saw prices plunge 36%. By year’s end, BTC had fallen nearly 85% from its all-time high. But this time, the backdrop looks very different.

—

### October Ends Weak, But November Hope Builds

Bitcoin’s mild October decline came amid mixed macroeconomic conditions, including rising Treasury yields, uncertainty over US rate cuts, and lower on-chain activity. Yet even as prices softened, long-term holders were quietly accumulating.

With November here, sentiment may be ready to flip. Historically, November has been Bitcoin’s strongest month, boasting an average gain of 42.5% over the past decade. If this pattern holds, a 42% increase from current levels would push BTC near $160,000 — a staggering recovery and new record high.

It’s no surprise that despite the short-term red candle, optimism is building again among traders and analysts.

—

### Whales Bought $5.7 Billion in October

Behind the scenes, “whales” — large holders controlling between 10 and 10,000 BTC — have been buying aggressively. According to Santiment, these wallets added roughly $5.7 billion worth of Bitcoin in October alone.

They now hold 13.68 million BTC, representing about 68.6% of total supply. This wave of accumulation signals that deep-pocketed investors are positioning ahead of what many expect to be Bitcoin’s next major uptrend.

“Smart money isn’t waiting for confirmation,” one analyst noted. “They’re front-running the next leg up.”

—

### Short-Term Pain, Long-Term Conviction

Despite the recent red candle, market structure remains largely bullish. Bitcoin has consolidated around the $95,000 range after hitting record highs earlier in the year.

Retail sentiment, however, has cooled. Social data shows engagement and mentions for BTC trending lower — a setup that often precedes major rebounds.

Whale data supports this view. These entities were net accumulators before Bitcoin’s last breakout, stacking over 110,000 BTC between August 22 and October 12 before trimming around 23,200 BTC recently. Even with that minor sell-off, their overall holdings remain near record highs — a sign of conviction.

—

### Why This October Was Different

In past years, October earned the nickname “Uptober” for its tendency to deliver strong returns. For example, 2020 and 2021 saw Bitcoin climb double digits each time, driven by liquidity inflows and ETF speculation.

This year, however, global uncertainty weighed on risk assets. The US dollar strengthened, and spot ETF flows slowed as institutional investors paused new allocations. Meanwhile, Bitcoin’s volatility fell to multi-month lows — a sign of compression that often precedes explosive moves.

The combination of reduced retail euphoria and quiet whale accumulation has set the stage for a potential rebound as liquidity rotates back into crypto.

—

### November’s Bullish History

If there’s one month Bitcoin bulls love, it’s November. Over the past 11 years, BTC has finished November in the green eight times, averaging 42.5% gains.

This performance includes legendary rallies like November 2020, when Bitcoin surged 43% to break past $19,000, and November 2013, when it soared 450% in a single month.

Even in bearish years, November tends to bring relief. In 2022, BTC still managed a modest rebound after the FTX collapse.

Given this track record, traders see the latest dip less as a breakdown and more as a setup for what could be another historic month.

—

### Market Sentiment: Fear or Opportunity?

According to Santiment’s social sentiment data, discussions around Bitcoin have cooled, while altcoin chatter has increased. Historically, this rotation occurs when retail traders lose focus — often right before BTC reclaims dominance.

The Fear & Greed Index has also drifted toward “neutral” after months in “greed” territory, suggesting a potential bottoming of short-term sentiment.

—

### What to Watch in November

The next few weeks could prove pivotal. Traders are closely monitoring three catalysts:

1. **ETF Flows**
Any uptick in spot Bitcoin ETF inflows could spark renewed institutional demand.

2. **US Macro Data**
Inflation and rate expectations continue to influence Bitcoin’s correlation with equities.

3. **On-Chain Accumulation**
Sustained whale and long-term holder buying could confirm a market floor.

—

### The Bigger Picture

Zooming out, October’s red candle may be more psychological than structural. Bitcoin remains one of the best-performing assets of 2025, up over 90% year-to-date despite short-term pullbacks.

The long-term fundamentals haven’t changed: limited supply, increasing institutional participation, and a growing on-chain base.

So while 2025’s “Uptober” didn’t go according to script, “Movember” might just live up to the hype.

Bitcoin’s first red October since 2018 is a reminder that bull markets don’t move in straight lines. But history and on-chain data suggest the pause may be temporary. With whales adding billions, volatility at record lows, and November’s historical tailwinds, the setup for the next leg higher looks strong.

As the saying goes: **“Weak hands panic in red months. Strong hands buy them.”** Right now, the strong hands seem very busy.

—

*Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services.*
https://nulltx.com/bitcoin-ends-october-in-the-red-for-the-first-time-since-2018/

general

Bitcoin Cycles Suggest Potential Breakout to $250K, Analysts Say

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**Exploring Bitcoin Cycle Patterns and $250K Projections in 2025**

Bitcoin has long been recognized for its cyclical price movements, characterized by recurring nine-month rally phases dating back to 2011. Market analyst Alex Mason identifies these cycles from the years 2011, 2013, 2017, and 2021, highlighting a critical sixth-month juncture which often marks a mid-phase correction before a significant price surge. In 2025, Mason positions Bitcoin at this pivotal point, suggesting that history could be repeating itself.

At the same time, Tom Lee, Founder of Fundstrat Global Advisors, forecasts a dramatic rally—with Bitcoin potentially reaching between $200,000 and $250,000 within just 75 days. He attributes this optimistic projection to strong momentum building throughout the fourth quarter and expected easing policies from the Federal Reserve.

Meanwhile, analyst Merlijn draws attention to what he terms the longest compression phase in Bitcoin’s history. As of 2025, Bitcoin is amid a 55-month consolidation—a prolonged period where price movements contract within narrowing ranges, setting the stage for an imminent breakout. This compression phase surpasses the prior 30-month squeeze and signals a tighter, more robust foundation for a potential vertical price expansion.

—

### What Are Bitcoin Cycle Patterns in 2025?

Bitcoin cycle patterns are recurring market structures observed throughout its price history, typically spanning nine months and culminating in major rallies. The cycles from 2011, 2013, 2017, and 2021 show a typical pattern: gradual accumulation followed by a mid-cycle correction around the sixth month, before accelerating upward.

In 2025, analysts like Alex Mason observe a strong alignment with these historical cycles, suggesting that the current market phase could precede a sharp upward movement—especially if trading volumes confirm the momentum.

—

### How Do Compression Signals Influence Bitcoin’s Price Trajectory?

Compression signals indicate periods of extended market consolidation where price action tightens within a narrowing range, building pressure for a significant breakout. Merlijn identifies the ongoing 55-month compression phase as a signal of this market buildup.

In comparing this phase to the previous 30-month compression that led to the 2017 rally, Merlijn emphasizes that the current tighter wedge pattern forms an even stronger base. Notably, support levels have remained solid despite recent volatility.

On-chain metrics further reinforce this setup: declining inflows to exchanges alongside rising holder conviction suggest accumulation by long-term investors. These signs, combined with the compression pattern, hint at a potential violent upside once resistance is overcome.

Historically, such breakouts have resulted in rapid gains of 200-300%, and volume spikes often precede these moves as a sign of institutional buying pressure.

—

### Historical Cycle Dynamics

Looking back, each notable Bitcoin cycle began with a period of steady accumulation, followed by a testing or correction phase near the midpoint. For example:

– **2013**: Bitcoin consolidated after an initial surge and then broke out to reach approximately $1,000 by year-end.

– **2017**: A sixth-month bear trap shook out weaker investors before Bitcoin soared to nearly $20,000.

Alex Mason notes that 2025’s timeline and recent corrections closely mirror these past patterns. He cautions against premature exits, as rallies often extend well beyond initial expectations.

—

### The Role of Macroeconomic Factors

Federal Reserve policies have historically played a pivotal role in Bitcoin’s cycles. Periods of rate cuts and liquidity injections tend to align with Bitcoin’s acceleration phases, as witnessed in the post-2020 environment.

Current dovish signals from the Fed, following a period of tightening, echo these past supportive conditions. Such macroeconomic tailwinds could amplify the upcoming upward leg in Bitcoin’s cycle.

—

### Frequently Asked Questions

**What Makes 2025 Bitcoin Cycle Patterns Different from Past Ones?**

In 2025, the Bitcoin market features heightened institutional participation and increased regulatory clarity, including approvals for Bitcoin ETFs. While the traditional nine-month cycle structure remains consistent, these factors add a stronger fundamental base compared to past, more retail-driven rallies.

**Could Bitcoin Reach $250K Based on Current Compression Signals?**

Yes. According to Merlijn’s analysis, if the 55-month compression resolves bullishly, Bitcoin could reach $250,000. This projection aligns with historical precedents and is supported by growing adoption, favorable on-chain metrics, and positive macroeconomic conditions conducive to rapid price appreciation.

—

### Expert Insights and Market Data

Skepticism around the reliability of cycle patterns is common, given the evolving nature of cryptocurrency markets. However, data from blockchain analytics firms like Glassnode and Chainalysis confirms repeated market behaviors tied to Bitcoin halving events and shifts in global liquidity.

Metrics such as realized capitalization and Market Value to Realized Value (MVRV) ratios currently indicate that Bitcoin remains undervalued relative to previous market peaks—a bullish indicator.

Tom Lee reinforces this outlook, stating in recent interviews, “The fourth quarter has been a powerhouse for risk assets, and with Fed easing, we’re set for explosive growth.” His forecasts combine technical chart analysis with fundamental economic trends, painting a balanced picture of Bitcoin’s potential.

—

### Key Takeaways

– **Nine-Month Cycle Alignment:** Bitcoin’s 2025 phase closely matches historical nine-month cycle patterns, with the sixth month often serving as a rally catalyst, as highlighted by Alex Mason.

– **$200K-$250K Price Projection:** Tom Lee projects Bitcoin reaching between $200,000 and $250,000 within approximately 75 days, driven by Q4 momentum and expected Fed policy easing.

– **55-Month Compression Phase:** Merlijn’s observation of the longest price squeeze in Bitcoin’s history suggests a high-probability breakout, with volume spikes serving as key confirmation signals.

—

### Conclusion

The convergence of Bitcoin’s historical cycle patterns, unprecedented compression signals, and macroeconomic tailwinds paints a compelling picture for significant upside potential in 2025. Experts like Tom Lee project prices soaring as high as $250,000, supported by robust technical and fundamental factors.

For investors and enthusiasts alike, understanding these evolving cycles and compression phases is crucial to navigating the next phase of Bitcoin’s growth. Staying informed and watching key volume and price action signals will be essential to capitalizing on this potentially transformative period in the crypto markets.

—

*Stay ahead in crypto markets by tracking these patterns and expert insights as Bitcoin approaches a critical juncture in 2025.*
https://bitcoinethereumnews.com/bitcoin/bitcoin-cycles-suggest-potential-breakout-to-250k-analysts-say/?utm_source=rss&utm_medium=rss&utm_campaign=bitcoin-cycles-suggest-potential-breakout-to-250k-analysts-say

general

Solana Crashes 27% Despite $200M ETF Inflows: What’s Next?

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**Solana Price Holds Above 200-Day SMA as Traders Await Next Move**

Solana (SOL) is currently holding above its 200-day simple moving average (SMA), a key long-term support level, as traders watch closely for signs of either a bounce or a breakdown. Despite recent optimistic inflows into Solana ETFs, price action remains weak, stuck near critical support levels that could determine the asset’s near-term direction.

### Price Overview and Technical Positioning

Since peaking near $253 in August, Solana has declined more than 27%, with its current price hovering around $186.01. This marks a modest 0.5% gain over the last 24 hours but a 3.2% loss over the past week, signaling that the asset remains in a technical bear market.

This downtrend has pushed SOL below its 50-day and 100-day exponential moving averages (EMAs), which now act as resistance. The 50-day EMA sits near $200.27, while the 100-day EMA is close to $196.89. Trading beneath these levels indicates sustained weakness unless momentum shifts in favor of buyers.

### Holding Above Key Support

Despite the broader decline, Solana maintains its stance above the crucial 200-day SMA. This indicator not only provides long-term support but also coincides with the lower boundary of an ascending trend channel that has been intact since mid-year.

The current price action is forming a symmetrical triangle pattern, characterized by lower highs and higher lows converging toward an apex. Traders are closely monitoring the $171.89 support level; a break below this could open the door to deeper losses, with the next support zone around $155.70.

### ETF Inflows Surge, But Price Lags

Institutional interest has grown following the SEC’s recent approval of spot Solana ETFs. These products have seen inflows topping $200 million, pushing total assets under management above $500 million.

However, despite these strong inflows, the price has not yet responded with upward movement. One market participant remarked, “ETF inflows are rising, but buyers have not stepped in yet.” This disconnect between growing demand and lagging price action raises questions about short-term market sentiment.

### What’s Next for Solana?

For now, the ascending channel remains intact, providing a framework for potential recovery. If the price can hold above the 200-day SMA and buyers re-enter the market, upside targets may include $240 and possibly $300 — levels within the upper half of the ascending channel.

Analysts emphasize the importance of the current support zone. As one noted, “Buyers must step in here to trigger a rebound.” Conversely, failure to hold this support area could accelerate the downward trend.

### Conclusion

The Solana market is at a crucial juncture. Traders and investors are waiting to see if the key $171.89 support will hold or break. The next decisive move will likely dictate whether Solana resumes its upward trajectory or faces further losses. Staying vigilant around these technical levels is essential for anticipating the asset’s next steps.
https://bitcoinethereumnews.com/tech/solana-crashes-27-despite-200m-etf-inflows-whats-next/?utm_source=rss&utm_medium=rss&utm_campaign=solana-crashes-27-despite-200m-etf-inflows-whats-next

economy, finance, technology

XRP ETF Launch Confirmed: Canary Capital Eliminates Regulatory Block

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**Canary Capital Removes SEC Delay Clause, Sets November 13 Launch for Spot XRP ETF**

Canary Capital has taken a significant step forward by removing the SEC delay clause from its spot XRP ETF filing ahead of the anticipated November 13 launch date. The new XRP ETF will debut on Nasdaq under the ticker symbol **XRPF**, offering investors direct exposure to XRP’s spot price without the need to custody the token themselves.

### Final Compliance Steps Completed

In preparation for the launch, Canary Capital has completed all necessary compliance requirements, including securing custody arrangements and establishing partnerships with market makers. The removal of the SEC delay clause signals that the fund has cleared the final regulatory hurdle, affirming its readiness to commence trading on the scheduled date.

### A Milestone for Digital Asset Investment in the U.S.

The approval and upcoming launch of the XRP ETF represent a major advancement for digital asset investment products within the United States. This development aligns with growing institutional demand for regulated crypto exposure, following similar momentum gained by Bitcoin and Ethereum ETFs earlier this year.

By providing straightforward access to XRP’s spot price, the XRPF ETF eliminates the complexities involved with managing the underlying tokens, making it an attractive option for both retail and institutional investors. Analysts anticipate that the ETF will boost liquidity and attract substantial capital inflows from traditional market participants.

### Market Reactions and Analyst Perspectives

Market experts have responded to the news with cautious optimism. Some forecasts suggest that the XRP ETF launch could mirror the positive market impacts seen with Bitcoin ETFs in 2025, potentially driving renewed price action and increased capital flow.

However, several analysts caution that success will largely depend on trading volume and broader regulatory sentiment toward crypto assets. Initial performance metrics are expected to be influenced heavily by short-term trading activity following the fund’s debut.

### XRP Technical Analysis: Breaking a Multi-Year Pattern

Adding to the positive outlook, market analyst ChartNerd revealed that XRP has broken out of a 7-year symmetrical triangle pattern — a significant technical milestone. The cryptocurrency has been consolidating above its $3.84 all-time high candle closes for nearly 12 months, signaling sustained accumulation above 2021 highs.

The XRP/TetherUS perpetual contract chart displays a classic falling wedge pattern, which recently broke out to the upside, indicating a potential trend reversal. Currently, XRP trades around $2.51 following a slight retracement from recent highs and has tested resistance near the order block zone around $2.80.

Price action suggests consolidation at these levels post-breakout. Technical analysis outlines three take-profit targets derived from Fibonacci retracement levels based on recent price swings:

– **Target 1:** Approximately $2.67
– **Target 2:** Near the current price level around $2.51
– **Target 3:** Around $2.43

### Looking Ahead: Broader Implications for Crypto Finance

The launch of Canary Capital’s XRP ETF could pave the way for future altcoin-based products, deepening cryptocurrency’s integration into mainstream financial markets through regulated investment vehicles.

November 13 is set to mark a significant milestone for XRP, bridging the gap between digital assets and traditional capital markets, and potentially setting a precedent for further innovation and adoption within the space.
https://coincentral.com/xrp-etf-launch-confirmed-canary-capital-eliminates-regulatory-block/

economy, finance, politics

Price predictions 10/31: BTC, ETH, BNB, XRP, SOL, DOGE, ADA, HYPE, LINK, BCH

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For the first time in seven years, Bitcoin is at risk of ending October in the red. Several altcoins have dropped to their crucial support levels, indicating selling on rallies. Bitcoin (BTC) bulls are attempting to maintain the price above $110,000, but the bears have continued to exert pressure. This increases the risk of BTC recording its first-ever red October close in seven years.

After October’s dismal performance, all eyes are on November, which has an average return of 46.02%, according to CoinGlass data. Several analysts are turning bearish on BTC, signaling a potential cycle peak based on its four-year halving cycle. However, a few others, such as BitMEX’s Arthur Hayes, believe that BTC’s four-year cycle is dead.

It is difficult to predict with certainty whether the four-year cycle is over or not. Still, the net outflows of $959.1 million from spot BTC exchange-traded funds in the past two days, according to Farside Investors’ data, indicate that institutional investors are cautious in the near term.

### What Are the Crucial Support Levels to Watch for in BTC and Major Altcoins?

Let’s analyze the charts of the top 10 cryptocurrencies to find out.

—

## Bitcoin Price Prediction

Bitcoin bounced off the bottom of the range near $107,000 on Thursday, indicating that bulls are aggressively defending this level. The relief rally is expected to face selling pressure at the 20-day exponential moving average (EMA) of $111,557.

If the price turns down sharply from the 20-day EMA, it increases the likelihood of a break below $107,000. Should that happen, the BTC/USDT pair will complete a double-top pattern and may dive to $100,000.

Conversely, a break and close above the 20-day EMA suggests that Bitcoin may remain inside the $107,000 to $126,199 range for a while longer.

—

## Ether Price Prediction

Ether (ETH) bounced off the support line of the descending channel pattern on Thursday, signaling buying at lower levels. However, the recovery could face selling at the moving averages.

If that happens, bears will again attempt to push ETH below the support line, which could cause the ETH/USDT pair to plummet to $3,350.

Buyers will need to push the price above the moving averages to keep the pair inside the channel. The next leg of the up move is likely to begin on a break and close above the channel’s resistance line.

—

## BNB Price Prediction

BNB is witnessing a tough battle between bulls and bears at the 50-day simple moving average (SMA) of $1,084. If the price turns down from the 20-day EMA ($1,113) and closes below the 50-day SMA, it would signal the start of a deeper correction.

In that scenario, the BNB/USDT pair could drop to $1,021 and later to $932.

On the contrary, a close above the 20-day EMA suggests that bulls are attempting a comeback. The price could then rally to the 38.2% Fibonacci retracement level of $1,156, which might attract sellers.

A close above $1,156 would clear the path for a rally to the 61.8% retracement level at $1,239.

—

## XRP Price Prediction

XRP fell below the 20-day EMA ($2.54) on Thursday, signaling that bears are trying to retain the advantage.

Sellers will try to strengthen their position by pulling XRP toward the $2.32 to $2.19 support zone. Buyers are expected to defend this zone vigorously, as a close below it could intensify selling pressure, potentially causing the XRP/USDT pair to plunge to $1.90.

Time is running out for bulls, who will need to swiftly push the price above the moving averages to gain strength. A potential trend change will be signaled on a close above the downtrend line.

—

## Solana Price Prediction

Solana (SOL) has been trading inside a symmetrical triangle pattern, indicating indecision about the next directional move.

If the price slips below the uptrend line, the SOL/USDT pair could tumble to solid support at $155. Buyers are expected to defend this level strongly, but a break below $155 may sink the pair to $140.

Conversely, if the price rebounds from the uptrend line and breaks above the 20-day EMA ($194), it suggests the pair may remain inside the triangle longer. Buyers will regain control after pushing Solana above the resistance line.

—

## Dogecoin Price Prediction

Buyers are attempting to hold Dogecoin (DOGE) above the $0.17 support level, but the shallow bounce indicates bears continue to exert pressure.

If the $0.17 support cracks, the DOGE/USDT pair could descend to the $0.14 support. Buyers will try to keep DOGE inside the range by defending this level. However, failure to do so could open the door for a drop to $0.10.

The first sign of strength for DOGE would be a break and close above the $0.21 overhead resistance. The pair may then climb to the 50-day SMA ($0.22) and later attempt a rally to stiff overhead resistance at $0.29.

—

## Cardano Price Prediction

Cardano (ADA) continued lower and broke below the $0.59 support on Thursday, signaling bears remain in control.

If the price stays below $0.59, the ADA/USDT pair could plunge to solid support at $0.50. Buyers are expected to fiercely defend $0.50, as a drop below it may trigger a new downtrend.

On the upside, a break and close above the 20-day EMA ($0.66) would indicate bears are losing grip. The price could then climb to the breakdown level of $0.75 and subsequently to the downtrend line.

—

## Hyperliquid Price Prediction

Sellers again thwarted bulls’ attempts to push Hyperliquid (HYPE) above the $51.50 overhead resistance on Thursday, pulling the price down to the 20-day EMA ($43.10).

Buyers are trying to defend the 20-day EMA, but selling pressure remains high. If the price breaks below this EMA, the HYPE/USDT pair could drop to the neckline and then to $35.50.

This negative outlook will be invalidated if Hyperliquid turns up and breaks above $51.50, potentially surging to the all-time high of $59.41.

—

## Chainlink Price Prediction

Buyers tried to push Chainlink (LINK) above the 20-day EMA ($18.24) on Wednesday, but bears held their ground.

The downsloping moving averages and a relative strength index (RSI) in negative territory suggest bears remain in control.

The LINK price could then plummet to the $15.43 support, where bulls are expected to step in.

Buyers will need to push and sustain price above the 20-day EMA to signal strength. The LINK/USDT pair could then climb to the resistance line, a critical level to watch.

—

## Bitcoin Cash Price Prediction

Bitcoin Cash (BCH) has been stuck between the 20-day EMA ($530) and the resistance line for the past few days.

Bulls need to push and maintain BCH above the resistance line to signal a potential trend change.

The BCH/USDT pair could then rally to $615 and later to $651.

Alternatively, if the price turns down and breaks below the 20-day EMA, the pair may remain inside the falling wedge pattern for a few more days.

In that case, BCH could slide to $500 and then to $475.

—

**Disclaimer:** This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making decisions.
https://cointelegraph.com/news/price-predictions-10-31-btc-eth-bnb-xrp-sol-doge-ada-hype-link-bch?utm_source=rss_feed&utm_medium=feed&utm_campaign=rss_partner_inbound

politics

Bill Maher Sounds Off on Trump’s $300 Million White House Renovation: “The Symbolism Is He’s Not Leaving”

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Bill Maher has some strong feelings about President Donald Trump’s latest project—and no, it’s not another social media platform.

On Friday’s episode of *Real Time with Bill Maher*, the HBO host took aim at Trump’s controversial $300 million renovation of the White House, calling it a troubling sign of permanence.

“The symbolism is he’s not leaving,” Maher told his panel. “Who puts in a giant ballroom if you’re leaving?”

Earlier that day, demolition began on the East Wing—the portion of the White House long used for guest arrivals and official events. Trump has said the planned 90,000-square-foot ballroom will be funded privately by himself, several major tech companies, and “many generous patriots.”

While Maher admitted the move “bothers” him, the conversation heated up when former RNC chairman Michael Steele pushed back on the comedian’s casual take about the White House being “just a building.”

“We watched this week the destruction of a symbol of this government,” Steele lamented. “Of our democracy, of our pluralistic society.”

“You’re talking about the White House?” Maher shot back. “Oh, it’s a building, Mike.”

Steele disagreed. “Okay, Bill, it’s a building maybe to you, but to a lot of Americans it’s not,” he said, sharing a personal connection. Growing up in Washington, D.C., Steele called the White House his “childhood.”

“I’m going to tell you as a young kid growing up in D.C., when my daddy took me by ‘that building,’ it meant something to me as a 10-year-old,” he recalled. “It meant something to me to grow up in a town where everybody in this country came and protested and cried and screamed and laughed. So that building, to me, was my childhood.”

Steele also slammed Trump for tearing down the East Wing “without accountability.”

Maher acknowledged, “He should have gotten the permits, but that’s how he does things. I agree, but it is just a building, first of all.”

The host pointed out that past presidents have made their own changes to the White House. “That part of the building wasn’t always there,” Maher noted. “Nixon put in a bowling alley. Obama made the tennis court a basketball court. I can’t get this mad about everything, Mike. I just can’t.”

Former Biden White House communications director Kate Bedingfield joined the debate, arguing that the East Wing demolition is part of a larger pattern.

“If this was the only impulsive, reckless, you know, driven by his own desire for self-aggrandizement, then I would give you it’s just a building,” she said. “But it’s not. It’s part of a manner of governing that is tearing at some of the foundations, the institutional foundations in this country. And that’s scary.”

Maher ultimately agreed that Trump’s actions and attitude go beyond architecture.

“What could President Trump not do?” he asked. “He’s drunk with power.”

You can watch a clip of the panel’s “Overtime” segment above.
https://decider.com/2025/10/25/bill-maher-trump-white-house-renovation/