Day: October 16, 2025

Stablecoin Limits in UK Set to Be Temporary Says BoE Deputy

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Bank of England Deputy Governor Sarah Breeden has clarified that the central bank’s plan to restrict stablecoin holdings and transaction size will only be a temporary measure to ensure stability in the financial system. The proposed limits on stablecoins were first floated in a November 2023 discussion paper as a means to ensure financial stability. As plans progressed, industry groups lashed out in September, arguing that it would stifle innovation and limit growth.  However, in a speech at DC Fintech Week on Wednesday, Breeden said the limits were intended only…

ETH Still in Danger Below Critical Resistance Levels

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Ethereum has staged a notable rebound from the $3.4K capitulation low, reclaiming ground above the psychological $4K level. While the move marks a strong recovery, ETH remains capped beneath key resistance zones, signalling that this rebound is an early stage of structural repair rather than a confirmed bullish continuation. Technical Analysis By Shayan The Daily Chart On the daily timeframe, Ethereum has recovered from the $3.4K–$3.5K demand zone, propelling the price back above both the 100-day moving average ($4K) and the channel’s previously broken lower trendline. This surge has been…

95% ETH Corporate Buys Happened In Q3: Bitwise

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Nearly all of the Ethereum accumulated by public companies to date occurred within a three-month window between July and September, according to recent data. This comes as several crypto executives predict that Ether’s (ETH) price will rise by as much as 200% before the end of the year. “95% of all ETH held by public companies was purchased in the past quarter alone,” Bitwise Invest said on Wednesday, referring to the $19.13 billion held in public treasuries, equivalent to roughly 4% of Ether’s total supply. Ether public treasuries added over…

Why Matt Hougan Thinks It’s Just a Blip

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After crypto’s biggest liquidation event, Bitwise says no major cracks appeared. The recent crypto market turbulence, seemingly triggered by a geopolitical shock, has once again tested investors’ nerves. But Bitwise CIO Matt Hougan believes it may ultimately reaffirm the strength of the ongoing bull market. The exec recounted the chain of events that sent crypto prices spiraling late last week, only to watch them rebound almost as quickly – although, admittedly, not to the same extent. Nothing Fundamental Changed The sudden drop came after former US President Donald Trump…

Coinbase Backs India’s CoinDCX With $2.45B Valuation

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Coinbase Ventures, the investment arm of US-based crypto exchange Coinbase, has invested an undisclosed amount in Indian cryptocurrency platform CoinDCX. According to a Wednesday Coinbase announcement, the placement was made through the exchange’s investment arm, Coinbase Ventures. CoinDCX co-founder and CEO Sumit Gupta wrote in an X post that the investment took place at a post-money valuation of $2.45 billion. In a separate announcement, CoinDCX claimed to serve more than 20 million customers in India and the United Arab Emirates, following its late 2024 acquisition of local crypto exchange BitOasis.…

Ripple’s Wedge Pattern Hints at a Major Move Ahead

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XRP trades near $2.53 as analysts track a wedge pattern with breakout potential. Whale activity, support zones, and partnerships in focus. XRP is trading in a tight range after a recent pullback, while traders wait to see which direction the next breakout may take. At the time of writing, the token is priced at $2.53, up 2% in the past 24 hours, though still down 12% over the past week, based on CoinGecko data. Pattern Suggests Two Possible Scenarios Crypto analyst EGRAG CRYPTO pointed to a descending broadening wedge…

Q4 Setup Mirrors 2017 Bullish Breakout, Time To Buy?

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My name is Godspower Owie, and I was born and brought up in Edo State, Nigeria. I grew up with my three siblings who have always been my idols and mentors, helping me to grow and understand the way of life. My parents are literally the backbone of my story. They’ve always supported me in good and bad times and never for once left my side whenever I feel lost in this world. Honestly, having such amazing parents makes you feel safe and secure, and I won’t trade them for…