‍Bitcoin Price Surge Predicted: $150,000 Target by 2025 Charles Edwards of Capriole Investments forecasts Bitcoin potentially reaching $150,000 by end of 2025, driven by investor demand for safe-haven assets. A break above $120,000 could lead to a rapid ascent. Additionally, crypto inclusion in US 401(k) plans could inject an estimated $122 billion, potentially pushing BTC past $200,000. Historical data shows strong Q4 performance, with October, November, and December averaging significant gains. Emerging technical patterns also support a bullish outlook.
‍MEXC Ventures Invests $30 Million More in Ethena (ENA) MEXC Ventures, the investment arm of MEXC exchange, has announced a second strategic investment in Ethena's governance token (ENA), bringing their total commitment to $30 million. This follows previous investments of $16 million in Ethena and $20 million in Ethena's synthetic dollar, USDe, totaling $66 million in support for the Ethena ecosystem. MEXC emphasizes its role as an "industry enabler," offering support beyond capital, including operational assistance, marketing, and market access. With over $100 million invested across 40 projects, MEXC Ventures aims to build ecosystems and drive cryptocurrency adoption.
‍Bitcoin Surges to $119.5K Amidst Strong ETF Momentum: Pullback Imminent? Bitcoin has reached a six-week high of $119,500, a nearly 10% weekly gain. This surge is fueled by record spot Bitcoin ETF inflows, exceeding $1.6 billion this week. BlackRock's IBIT alone contributed $600 million, nearing the top 20 ETFs. However, technical indicators like the RSI suggest a potential short-term pullback, entering "overbought" territory. Despite this, some analysts see continued strength towards $124,000. Investors face a dichotomy: short-term technical warnings versus strong institutional demand.
‍XPL Token Plunges Amidst Insider Selling Accusations; Founder Denies Plasma's native token, XPL, has lost over 50% of its value, dropping from nearly $1.70 to $0.83. Community members suspect Time-Weighted Average Price (TWAP) selling, citing suspicious movements from the Plasma team vault. Plasma founder Paul Faecks has vehemently denied these accusations, stating that all investor and team allocations remain locked for three years with a one-year cliff, and "No team members have sold any XPL." The community remains skeptical, questioning the precise wording of the denial regarding other token categories.
‍Codego Introduces Whitelabel Devices to Integrate Crypto Tokens into Daily Life Codego Group has launched its Whitelabel Device Program, enabling crypto projects to distribute their own branded devices that provide users with daily rewards in native tokens. This initiative leverages Codego’s CDG Home and CDG Power Home devices, which connect to a decentralized GPU network for token generation. The program aims to enhance token visibility, foster user loyalty, and create new adoption channels by linking cryptocurrencies to tangible rewards. Codego, a regulated Electronic Money Institution, sees this as a key step in moving tokens from speculative assets to instruments of real-world utility and stability.
‍'Uptober' Ignites Crypto Market: Litecoin & Stellar Lead Altcoin Surge October's historical strength for Bitcoin, dubbed 'Uptober', has sparked a significant rally across the altcoin market, shifting sentiment from fear to greed. Litecoin (LTC) and Stellar (XLM) are leading the charge, with investors showing renewed interest in established 'dino coins'. Macroeconomic factors, including concerns over a potential U.S. government shutdown, are driving demand for safe-haven assets like Bitcoin. Short liquidations exceeding $480 million highlight substantial buying pressure. Analysts foresee further upside, with potential for Bitcoin to reach $140,000, which could catalyze further altcoin rotation.
‍Corporate Digital Asset Treasuries: Beyond the 'Bubble' Fears Concerns about a 'bubble' in corporate digital asset treasuries (DATs) are likely overstated, according to experts. TON Strategy CEO Veronika Kapustina suggests this rapid growth indicates a nascent market maturing, not an impending collapse. DATs are seen as a vital bridge between traditional finance and the crypto economy. Following an initial surge, a period of consolidation is expected before substantial long-term capital enters the space. The model, pioneered by MicroStrategy and now expanding to ETH, SOL, and TON, demonstrates versatility. DATs are evolving with diverse paths including infrastructure provision, banking services, M&A, and cross-chain bridges. Despite high market values, corporate treasuries continue to accumulate assets, holding over 1.3 million BTC and 5.5 million ETH, signaling strong institutional commitment.
‍Avalanche (AVAX) Price Surges Amidst Landmark Institutional Moves Avalanche (AVAX) has seen a significant price increase following the announcement of Avalanche Treasury Co. (ATC), a new entity planning to acquire over $1 billion in AVAX tokens. ATC intends to merge with Mountain Lake Acquisition Corp. for $675 million, aiming for a Nasdaq listing in Q1 2026 under the ticker "AVAT". ATC plans an active on-chain strategy, including protocol investments, RWA tokenization, and building validator infrastructure. The company has secured an exclusive relationship with the Avalanche Foundation for discounted AVAX purchases and priority sales. Major venture firms like Dragonfly and Pantera Capital support the initiative, signaling strong institutional confidence.
‍The End of Altcoin Season? Bitcoin Dominance Reshapes Market Vugar Usi Zade of Bitget questions the likelihood of a traditional "altcoin season" this cycle, citing a lack of fundamental drivers and major technological advancements. He notes Bitcoin's independent rallies and the shift towards shorter, narrative-driven cycles focused on areas like Real World Assets (RWA). Usi Zade highlights the challenge of long-term sustainability for altcoins due to a short-term investor mindset. The market is increasingly advising newcomers to focus solely on Bitcoin, as its consistent new highs overshadow Ether's stability. Bitcoin currently holds a 58% market share, while Ether is at 12%.
‍Sweden Considers Strategic Bitcoin Reserve, Rejects CBDC Two Swedish lawmakers have proposed establishing a national Bitcoin reserve, citing its potential as an inflation hedge and a hedge against global unrest. They argue that Bitcoin's finite supply and efficiency make it a superior asset compared to traditional reserves. The proposal also includes a commitment to not introduce a Central Bank Digital Currency (CBDC), citing concerns about privacy and government control. This stance aligns with growing critiques of CBDCs from various organizations.}