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The total market capitalization retraced to almost $4.2 trillion. The past 24 hours saw Bitcoin attempt to surge past the $124K level but failed and is now attempting to establish a range around $122K. The altcoins experienced more substantial volatility. Zcash (ZEC) posted a double-digit price increase, whereas Aster (ASTER) leads the losers’ team. BTC Calms Down It has been less than three days since the primary cryptocurrency soared to a new all-time high of over $126,000. Since then, however, the bears took charge and prevented another spike to uncharted territory. At one point yesterday (October 8), the bulls…

Solana forms a cup and handle with $425 target as RSI and MACD turn bullish. ETF update and new stablecoin add to growing momentum. Solana (SOL) is showing multiple technical patterns on its monthly chart, drawing attention from traders and market watchers. Meanwhile, its price stands at around $225, with a 24-hour trading volume of $7.3 billion. It has gained 1% in the last day and 1% over the past week. Cup and Handle Pattern Forms on Monthly Chart A monthly chart shared by Lark Davis shows a possible cup and handle pattern on SOL. The formation stretches from…

Keshav is currently a senior writer at NewsBTC and has been attached to the website since June 14, 2021. Keshav has been writing for many years, first as a hobbyist and later as a freelancer. He has experience working in a variety of niches, even fiction at one point, but the cryptocurrency industry has been the longest he has been attached to. In terms of official educational qualifications, Keshav holds a bachelor’s degree in Physics from one of the premier institutes of India, the University of Delhi (DU). He started the degree with an aim of eventually making a career…

XRP has been declining over the past few days, making a retest of this Descending Triangle’s lower boundary possible, according to an analyst. XRP Has Been Moving Inside A Descending Triangle Recently In a new post on X, analyst Ali Martinez has talked about where XRP may be heading next, based on a Descending Triangle. This technical analysis (TA) pattern forms when an asset’s price witnesses consolidation between two converging trendlines. The main feature of the pattern is that its lower trendline is parallel to the time-axis. This level acts as a support boundary, while the upper level, which is…

Bitcoin is pushing above $124,000 after touching the mid-$120,000’s in the last 24 hours. Bitcoin hit record highs above $126,000 earlier this week, but it seems investors took some profits and a strengthening U.S. dollar challenged the so-called “debasement-trade” flows. At the time of writing, bitcoin is trading at $123,962. Many investors have started to use bitcoin as a hedge against a potential devaluation of the dollar, known in trading circles as “debasement trades.” The surge earlier in the week was fueled by heavy inflows into Bitcoin exchange-traded funds (ETF) and speculative bets on fiat currency weakness amid a prolonged…

Zug, Switzerland, 8th October 2025, Chainwire [PRESS RELEASE – Zug, Switzerland, October 8th, 2025] The Casper Association, the nonprofit entity supporting the continued decentralization and growth of Casper Network, an enterprise-grade, proof-of-stake blockchain optimized for scalable and secure Web3 adoption, today announced that Casper Network has joined the ERC3643 Association. This move reinforces Casper Network’s leadership in building the next generation of compliant real-world asset (RWA) tokenization. By aligning with ERC-3643, Casper Network strengthens its mission to provide enterprises, developers, and institutions with the infrastructure needed to issue, manage, and evolve tokenized assets in full compliance with global regulatory…

The new token will eventually replace $750 million worth of stablecoins in Jupiter’s liquidity pool.Ethena Labs has partnered with Jupiter – the top decentralized exchange (DEX) aggregator on the Solana blockchain with a total value locked (TVL) of $3.58 billion – to launch JupUSD, a new stablecoin built on Solana, the company said Wednesday.According to Ethena, JupUSD was developed using its “Stablecoin-as-a-Service” platform and will be used across all major parts of the Jupiter ecosystem. That includes Jupiter Perps, where about $750 million in stablecoins in the platform’s JLP pool will gradually be replaced by JupUSD, and Jupiter Lend, where…

In brief Solana DEX aggregator Jupiter has tapped Ethean to launch its own stablecoin. JupUSD is expected to launch in Q4 and will initially be collateralized by USDtb, Ethena’s short-term treasury-backed stablecoin. The total stablecoin market cap has grown by more than 75% in the last year and now sits above $300 billion. Jupiter, a popular decentralized exchange aggregator and DeFi platform on the Solana network, is launching its own stablecoin—JupUSD—together with stablecoin issuer Ethena. Expected to launch sometime in Q4, JupUSD will initially be fully collateralized by Ethena’s USDtb, a product which is itself blacked by BlackRock’s BUIDL, a tokenized…

As Bitcoin (BTC) takes a brief breather after creating a new all-time high (ATH) above $125,000, on-chain data shows that three key indicators played a major role in the digital asset’s latest rally to new highs.  These Three Indicators Suggest More Room For Bitcoin According to a CryptoQuant Quicktake post by contributor Arab Chain, fresh data from Binance suggests that BTC is witnessing one of its most significant buying phases since mid-year. Notably, BTC’s price has surged from around $117,000 to $124,000 since the beginning of October. Related Reading Arab Chain emphasized three key indicators that suggest the return of…

In brief Hong Kong-based DDC Enterprise has secured an additional $124 million in funding to buy Bitcoin. DDC’s stock price was up about 3.5% in Wednesday trading. The digital platform wants to buy 10,000 BTC by the end of the year. Shares of Hong Kong-based digital food company DDC Enterprise were up about 3.5% on Wednesday after it announced that it had secured an additional $124 million in equity funding to buy more Bitcoin. NYSE-listed DDC, which was trading just below $9 per share, has risen about 105% since the start of the year, according to Yahoo Finance, with much of…