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Canary Capital’s recent Litecoin ETF pitch of the S-1 filing to the The Securities and Exchange Commission (SEC) has planted a seed of optimism among market watchers, but Litecoin (LTC) hasn’t picked up any bullish impulse on the news.On the contrary, market connoisseurs are painting a dim picture for the OG altcoin if LTC’s price doesn’t manage to keep up with the critical resistance. For Ali Martinez, this price ceiling arrives in the $132 – $135 price range, meaning that a downturn to $50 is plausible if LTC’s market correction conquers this barrier.No ‘Uptober’ Yet? LTC May Be Late To…
Institutional appetite for Bitcoin has surged to new and unprecedented levels this year. As of October 8, global bitcoin exchange-traded products (ETPs) and publicly traded companies have collectively acquired 944,330 BTC — already surpassing the total amount purchased in all of 2024. To put this in perspective, these institutions have bought roughly 7.4 times the new supply of bitcoins mined this year. With three months remaining in 2025, it’s safe to assume that rate will only go up. Bitcoin institution statistics from September According to a monthly report shared by Bitcoin Treasuries with Bitcoin Magazine, public and private treasuries added a…
“Never visit unknown websites promoted through unsolicited tokens,” the warning reads. Shiba Inu (SHIB) is one of the crypto projects with the largest and most active communities. Unfortunately, this popularity also makes its users a frequent target for scammers. In the following lines, we’ll highlight the latest scheme and explain how to stay protected. What’s Happening? Shibarium Trustwatch – an X account which warns the SHIB Army about potential threats – recently revealed that real Shiba Inu tokens have been airdropped to wallets, but fraudsters have attached a deceptive message urging people to visit a dubious website “to claim…
Bitcoin climbed 1.75% over the past 24 hours to $123,250 as of press time, driven by sustained spot ETF inflows, gold’s rally to fresh records, and softer Federal Reserve rate guidance.US spot Bitcoin ETFs added $2.1 billion in net inflows between Oct. 6 and Oct. 7, according to Farside Investors. The movement extended a seven-session streak of positive flows as of Oct. 7.The funds absorbed $875.6 million on Oct. 7 alone despite Bitcoin experiencing a 2.4% correction and briefly losing the $121,000 level before the market rebounded.The continued demand from ETF channels provided a floor under the price and reinforced…
Quick take: The fund wants to leverage the BNB ecosystem as the “backbone for humanity’s new scaling laws.” The fund will use targeted incubation, strategic investments, and partnerships to empower founders in the specified categories. They include Web3 for democratized access and ownership, AI to enhance human potential, and biotech to improve quality of life. YZi Labs, the venture fund founded by Chengpeng (CZ) Zhao, has launched a $1 billion builders fund to support founders in the BNB ecosystem. According to the YZi Labs post on the X platform, the program is targeting long-term founders building on the BNB ecosystem…
Jack Dorsey's Square Unveils Bitcoin Payments, Wallet for Retailers
Market experts say Bitcoin is consolidating, not topping, and predict a retest before the next explosive breakout. Bitcoin (BTC) climbed above $126,000 for the first time ever on Tuesday. But what followed was a quick retreat of around 4% shortly thereafter. Despite the short-term pullback, the broader trend shows a historic lull in activity. The asset’s long-term volatility has dropped to record lows, which means that Bitcoin is entering one of its calmest phases yet. Such a pattern has often preceded major price movements in the past. Not a Cycle Top For BTC, Yet According to Alphractal, Bitcoin’s 180-day…
S&P Global announced plans to launch the S&P Digital Markets 50 Index, a benchmark that combines 15 crypto with 35 publicly traded crypto-linked equities, and a potential inclusion of XRP might reshape its structure.S&P Dow Jones Indices developed the index in collaboration with Dinari, which will issue a token tracking the benchmark on its dShares platform, according to an Oct. 7 announcement.The equity portion includes companies involved in digital asset operations, infrastructure, financial services, and blockchain applications, while the crypto portion draws from S&P’s existing Broad Digital Market family.Initial methodology details reported by Barron’s indicated the index will cap individual…
Jupiter, a decentralized trading platform on Solana, has announced plans to launch its stablecoin in partnership with Ethena Labs. The new token, called JupUSD, is scheduled to go live in mid–Q4 2025. According to an X post on Wednesday, JupUSD will be integrated across all Jupiter products, serving as collateral on its perpetual futures exchange, a liquidity asset in Jupiter’s lending pools and a trading pair.According to Jupiter, the stablecoin will be 100% collateralized by Ethena Labs’ USDtb, a dollar-pegged token backed by short-term US Treasury assets. Over time, USDe, Ethena’s synthetic dollar, will be added as collateral to optimize…
TransCrypts, a blockchain startup building tools for people to own and share verified credentials, has raised a $15 million seed round led by Pantera Capital. The round included Lightspeed Faction, Alpha Edison, Motley Fool Ventures, and a mix of returning investors such as Mark Cuban and Protocol Labs.The funding follows a strong summer for the San Francisco-based company. In September, TransCrypts won CoinDesk’s Pitchfest at Consensus Hong Kong, taking home $10,000 in tokens, a trophy, and ten coaching sessions.Founder and CEO Zain Zaidi said that the win helped the team refine its vision for what he calls “self-sovereign identity”— a…
