Day: October 7, 2025

What’s Going on With Pi Network?

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Here are three reasons why PI could post some gains soon. The cryptocurrency market has been booming lately, with Bitcoin (BTC) reaching a new all-time high price of nearly $126,000. However, Pi Network’s PI has so far struggled to catch this green wave, remaining stuck in red territory. In the following lines, we’ll explore why a long-awaited comeback rally could finally be on the horizon. The Bears Could Capitulate PI currently trades at around $0.26, representing a 24% decline on a monthly scale and a 90% crash from the…

Bitcoin ETF daily trading volume exceeds $7.5B

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Key Takeaways Bitcoin ETF daily trading volume exceeded $7.5 billion, signaling record institutional participation. Spot Bitcoin ETFs grant exposure to Bitcoin and have seen cumulative inflows rise since US regulator approval. Share this article US-listed spot Bitcoin ETF daily trading volume surpassed $7.5 billion today, reflecting heightened institutional interest in the regulated crypto investment vehicles. Spot Bitcoin ETFs, investment products that provide direct exposure to Bitcoin’s price, have attracted institutional interest since their approval by US regulators. Major asset managers like BlackRock have driven cumulative inflows to record highs as…

SharpLink Gaming Rockets $900M in Unrealized ETH Profits Since Pivoting to a DAT

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The surge in SharpLink’s Ethereum holdings has pushed the treasury firm closer to the landmark 1 million ETH. Since launching its ETH treasury strategy on June 2nd, 2025, Ethereum treasury firm SharpLink Gaming has seen unrealized profits exceed $900 million. Over this period, the company’s ETH holdings have doubled, resulting in a corresponding increase in the value of each share. Nearing 1 Million ETH Milestone SharpLink currently holds 839,000 ETH on its balance sheet and maintains a debt-free position. With this, the company is nearing its first major milestone…

Solana earns $2.85B as ETFs, treasuries boost institutional demand

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Solana generated $2.85 billion in revenue over the past year, according to a new report from 21Shares, driven by trading platform activity. Between October 2024 and September 2025, Solana averaged about $240 million in monthly revenue, peaking at $616 million in January during the memecoin boom led by tokens like Official Trump (TRUMP). But even after the frenzy cooled, monthly revenue was between $150 million and $250 million. Solana validators earn revenue from fees on transactions. Over the past year, revenue from fees flowed from across the ecosystem, including decentralized…

ETH Eyes $4.4K Retest Amid Liquidity Shift

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Key takeaways: Ethereum failed to break $4,800, with a bearish divergence leading to a 3% correction. Spot selling pressure rose, but leveraged traders remain active. A rebound from $4,400 could reset bullish momentum toward new highs. On Monday, as Bitcoin (BTC) rallied to a new all-time high, Ether (ETH) failed to clear its resistance at $4,800, triggering a sharp 3% correction below $4,500 on Tuesday. The price dip took place on the back of a bearish divergence on the four-hour chart. This typically indicates that buyers are losing strength, often…

Glassnode reports over 95% of Bitcoin supply profitable as price surpasses $117K

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Key Takeaways More than 95% of Bitcoin’s circulating supply is currently in profit after the price surpassed $117,000, according to Glassnode. The market is experiencing an extended euphoria phase, characterized by widespread profitability among holders and increased volatility. Share this article Glassnode reported that over 95% of Bitcoin’s circulating supply is now profitable as the flagship cryptocurrency surpassed $117,000. The on-chain analytics firm highlighted this milestone amid Bitcoin’s extended euphoria phase characterized by widespread holder profitability and heightened market volatility. Analysts have noted that Bitcoin’s high profitability levels often precede…

BOE To Soften Stablecoin Cap Plans Amid Industry Pushback: Report

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The Bank of England (BOE) appears to be softening its stance on proposed limits to corporate stablecoin holdings, with plans to introduce exemptions for certain firms that may need to maintain larger reserves of fiat-pegged assets, according to a Bloomberg report published Tuesday. Citing people familiar with the discussions, Bloomberg reported that the BOE’s reconsideration comes amid intense industry backlash and growing international competition, particularly from the United States, which is moving toward clearer regulation through the GENIUS Act, which was signed into law in July. The BOE had initially…

Cardano Hits 1M Transactions but is ADA’s Price Finally About to Break $1?

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ADA jumps nearly 10% as Cardano sees steady usage; $0.90 has been flagged as an important level for traders eyeing $1.10. Cardano (ADA) slipped from 9th to 10th in terms of circulating market cap by the end of Q3, underperforming its Layer 1 peers. However, the blockchain has maintained stable usage, as engagement from users and developers alike continued to grow. In a significant milestone, the Cardano network has processed over 1 million transactions in the past 30 days alone. $0.90 Break Could Trigger New Rally The steady on-chain…

Bitcoin Falls From New Highs, But Bulls Still Target $150K

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Key takeaways: Over $3.5 billion in weekly ETF inflows and a 5-year low in exchange balances highlight renewed institutional confidence in Bitcoin. Healthy futures open interest and continuous BTC adoption suggest that traders expect Bitcoin to challenge $150,000 soon. Bitcoin (BTC) saw a 4.2% correction on Tuesday after reaching a $126,219 all-time high the previous day, a move that was somewhat expected following a 12.5% weekly gain. While traders fear a deeper pullback amid growing uncertainty in global economic outlooks, Bitcoin derivatives and institutional flows still point to further upside.…

Bitcoin Overtakes Ethereum in ETF Inflows, Signaling Market Shift

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BlackRock’s IBIT drew nearly $970M in a single day, helping spot BTC ETFs record $1.19B in October 6 inflows. Spot Bitcoin ETFs saw $4.61 billion in net inflows, overtaking spot Ethereum ETFs for the first time in weeks. This marks a rotation in institutional sentiment, with Bitcoin reclaiming dominance in ETF demand after its counterpart’s brief lead. Investors Shift Focus from ETH to BTC CryptoQuant analyst Maartun shared via X that there has been a shift in ETF flow dynamics in the past month, with Bitcoin attracting $4.61 billion…