Bitcoin is currently clear of “overbought conditions” and is set to track a steady path upward despite hitting a new all-time high on Monday, according to analysts. Bitcoin (BTC) hit a peak high of over $126,000 on Monday, which places it “roughly halfway through its four-year price cycle,” CryptoQuant contributor Arab Chain said on Wednesday. “Despite this strong performance, technical indicators suggest the price is still moving within a stable range far from the overbought conditions that typically precede historical peaks,” it added. Bitcoin shows signs of “upward momentum” Arab…
Day: October 9, 2025
Grayscale stakes 857,600 ETH valued at $3.8B today
Key Takeaways Grayscale staked 857,600 ETH, worth $3.8 billion on Oct. 8. The staked ETH is held in both Grayscale’s ETHE and ETH ETF products. Share this article Grayscale, a digital asset management firm, staked 857,600 ETH valued at $3.8 billion today across its Ethereum ETP products. The move represents one of the largest institutional staking positions in the Ethereum network. The staked tokens are distributed between Grayscale’s ETHE and ETH ETFs, both of which now offer staking rewards to investors through on-chain participation. Grayscale became the first provider of…
Bitcoin Top Or ‘Dramatic’ Move Is Coming Soon: Peter Brandt
Bitcoin is poised for unprecedented price discovery as long as it doesn’t peak within the next few days, according to veteran trader Peter Brandt. “It is reasonable to expect a bull market high any day now,” Brandt told Cointelegraph on Wednesday, citing Bitcoin’s (BTC) historical cycle pattern, which has played out in the three previous cycles. “These cycles from low-to-halving-to-high have not always been the same length, but the post-halving distance of each has always been equal to the pre-halving distance,” Brandt said. Sunday marked the crucial day for Bitcoin’s…
3 Reasons Why SOL Can Rally To $300
Key takeaways: Solana ETFs and ETPs recorded $706 million in weekly inflows, outpacing XRP’s $219 million, per CoinShares. SOL funding rates stayed below the 6% neutral level, signaling reduced appetite for leveraged bullish positions among traders. Solana’s native token, SOL (SOL), climbed back to $229 on Tuesday after briefly dipping to $218. The move came as investors responded positively to the US Federal Reserve’s release of minutes from its Sept. 17 meeting, which reaffirmed expectations of additional interest rate cuts in 2025. Traders remain optimistic that SOL could advance toward…
Ripple (XRP) Crash Coming This Week? Analysts Warn Below $2.72 Risk
XRP trades near $2.85, testing key $2.72 support. Analysts warn of breakdown if it closes below $2.69, with $2.22 as next target. XRP is under pressure as it nears a key support level at $2.72. The token is trading around $2.85 after a drop of nearly 5% in the past 24 hours. Consequently, the move follows a clear rejection from overhead resistance, which has capped recent rallies. Traders Watching the $2.72 Support Level Crypto analyst Ali Martinez shared a chart showing XRP moving within a descending triangle. This pattern…
Bitcoin’s Weekly Bollinger Bands Hit Record Tightness, Where to Next For BTC?
A Bitcoin technical indicator has squeezed to its tightest ever level as volatility diminishes and the asset remains rangebound despite recent peaks. “Bitcoin’s weekly Bollinger Bands recently hit record tightness,” reported chartered market technician Tony Severino on Wednesday. For now, the cryptocurrency has failed to break out above the upper band with strength, despite reaching an all-time high of $126,000 earlier this week. According to past local consolidation ranges, “it could take as long as a hundred days to get a valid breakout (or breakdown, if BTC dumps instead),”…