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Bitcoin (BTC) reversed sharply again on Tuesday, October 21, sliding nearly 3% and trading as low as $107,552 in the early hours, having lost all of its weekend momentum. The asset moved in step with the overall crypto market, whose total valuation has dropped more than 2% to $3.67 trillion. As expected, the new setback is tempering expectations for “Uptober,” the month known for strong gains, with Bitcoin now down 6.30% over the past month, trading at $108,290 at the time of publication. BTC monthly price chart. Source: Finbold Altcoins mirrored Bitcoin’s decline. Ethereum (ETH), for example, has dropped 5.3% to $3,859, while XRP has fallen 2.2% to $2.41, showing little reaction to Ripple Labs’ announcement of a new treasury-backed vehicle, Evernorth. At the same time, BNB shed 5.7%, while Cardano (ADA) and Solana (SOL) lost between 4% and 6%. Among memecoins, Dogecoin (DOGE) saw the greatest losses, losing 4.3%. Why is Bitcoin down? As mentioned, the ...

As Bitcoin (BTC) seeks to reclaim the $120,000 resistance zone, insights from the artificial intelligence (AI) platform ChatGPT indicate that the largest cryptocurrency has the right conditions to climb to $135,000 by October 1, 2025. A push toward $135,000 would represent an increase of nearly 17% from the asset’s press-time value of $115,511. Bitcoin seven-day price chart. Source: Finbold Bitcoin’s path to $135,000 According to ChatGPT’s projection, the path to $135,000 is supported by a mix of macroeconomic tailwinds, institutional demand, and favorable market structures, though risks remain. ChatGPT highlighted that the Federal Reserve’s dovish stance and expectations of rate cuts are weakening the U.S. dollar, boosting demand for scarce assets like Bitcoin. Historically, a softer dollar and lower Treasury yields have funneled capital into alternative stores of value, giving Bitcoin a gold-like tailwind. It also pointed to spot Bitcoin ETFs as key liqui...

The Bitcoin Rainbow Chart is projecting that the maiden digital currency could trade within a broad band between $36,596 and $409,412 by September 30, 2025. The outlook comes as Bitcoin (BTC) faces bearish sentiment after slipping below the $110,000 support zone, sparking concerns it could retest the $100,000 level. At press time, Bitcoin was trading at $108,400, down 0.3% in the past 24 hours and 1.7% over the week. Bitcoin seven-day price chart. Source: Finbold Notably, the Rainbow Chart utilizes logarithmic regression to map Bitcoin’s historical performance into color-coded bands, each representing a distinct sentiment phase. Bitcoin price prediction for September 30 At current prices, Bitcoin sits at the lower boundary of the ‘HODL!’ zone, which spans $108,379 to $142,415. This suggests that if Bitcoin holds steady or trends slightly higher, it is likely to remain in the band through the end of September.  Historically, this zone reflects fair value...

Wyoming is the first US State to launch its own state-issued crypto stablecoin. The stablecoin, previously known as WYST, will trade under the name Frontier Stable Token, or FRNT. Per a Bloomberg report, the Wyoming Stable Token Commission is working with LayerZero to issue the tokens and plans for the coins to be overcollateralized by 2%. In addition, the reserves backing FRNT are managed by Franklin Advisers, with financial audit and monthly attestations provided by The Network Firm. The stablecoin will be available on the Arbitrum, Avalanche, Base, Ethereum, Optimism, Polygon, and Solana blockchains. JUST IN: Wyoming becomes first US state to launch its own stablecoin. — Watcher.Guru (@WatcherGuru) August 19, 2025 “Today, Wyoming reaffirms its commitment to financial innovation and consumer protection,” Mark Gordon, Wyoming’s governor and chairman of the state’s stable token commission, said in a statement. “The mainnet launch of the Frontier Stable Token will empower our citi...

Citigroup is all set launch Citi stablecoin to enchance tokenized finance, confirmed Citigroup CEO Jane Fraser. Frazer revealed that the group is actively evaluating the project and developing a plan to enter the digital assets sector. “We are looking at the issuance of a Citi stablecoin,” said Fraser during Citigroup’s Q2 2025 earnings call on Tuesday. He also emphasized the importance of tokenized deposits to leverage blockchain technology and improve the infrastructure of global payment systems. Also Read: Apple Signs $500 Million Rare Earth Magnet Deal With MP Materials Citigroup To Launch Citi Stablecoin and Crypto Custody Reserve Management Next Source: CryptoSlate The Citigroup CEO did not mention the timeline for when Citi’s stablecoin could be launched. He only mentioned that the firm is evaluating the project for tokenized deposits. The goal is to adapt digital assets and align with the growing trend of anchoring blockchain technology for financial growth. Apart f...

JPMorgan CEO Jamie Dimon says that the bank will get involved in the stablecoin industry, saying the crypto and fintech industry is getting too big to ignore. While Dimon says he doesn’t get the appeal of stablecoins, he added that the bank also can’t afford to stay on the sidelines. “We’re going to be involved in both JPMorgan deposit coin and stablecoins to understand it, to be good at it,” Dimon said during Tuesday’s earnings call. JUST IN: JPMorgan CEO Jamie Dimon says the company will get involved in crypto stablecoins. pic.twitter.com/ePIYy178m9 — Watcher.Guru (@WatcherGuru) July 15, 2025 Jamie Dimon Confirms JPMorgan’s Venture into Crypto, Stablecoins Last month, JPMorgan Chase filed a trademark for its own JPMD stablecoin . Over the past year, the firm has begun changing its tune on cryptocurrency, offering its bank clients access to purchasing Bitcoin. CEO Dimon has been publicly against the crypto industry for a long time, in tur...

Bitcoin (BTC) reached a new all-time high on Monday, July 14, smashing through the $122,000 barrier and trading at $121,959 at press time. Largely driven by institutional exchange-traded fund (ETF) inflows and growing optimism in regard to crypto legislation, the momentum is going parabolic. In fact, Bitcoin has managed to surpass Amazon (NASDAQ: AMZN) with a market cap of over $2.4 trillion, now being the fifth-largest asset globally. Top Assets by Market Cap: Source: CompaniesMarketCap.com Accordingly, traders are already expecting even bigger moves ahead, with Polymarket data suggesting a 84% chance that the token will reach $130,000 by the end of the year..  Huge Bitcoin moves The Bitcoin rally is sending fresh bullish signals across the market, but the new price is the result of growing institutional adoption. For example, Japanese firm Metaplanet has just acquired 797 BTC, worth around $93.6 million, while BlackRock’s IBIT fund pulled in $1.3 ...

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Africa is taking a bold economic U-turn by following the footsteps of BRICS and challenging the US dollar by settling trade in a homegrown payment system. The Continent accelerated the launch of a local currency payment system that does not rely on the US dollar. The homegrown payment system is called the ‘Pan-African Payments and Settlements System‘ (PAPSS) and remains at the forefront of the de-dollarization agenda in the Sub-Saharan Continent. Also Read: India Reveals New Details About BRICS Currency BRICS Inspires 15 Countries in Africa To Settle Trade in the Homegrown Payment System Source: iemed.org Taking a leaf from the BRICS bloc, 15 African countries have used the homegrown payment system PAPSS for trade. As of June 2025, over 150 commercial banks in Africa settled the payments in local currencies bypassing the US dollar. The 15 countries that used the PAPSS include Kenya, Malawi, Tunisia, and Zambia, among many others. PAPSS saves African countries more money in f...

Ripple (XRP) is undergoing a definitive momentum, in which another co-founder of XRPL has emerged from the shadows. Arthur Britto, another leading XRP founder, has taken to X to make his presence known, which, in turn, has shaken the cryptocurrency world, filling it with heightened speculation and speculation. Britto was underground for many years, barely making his presence known to the world until now, which has led analysts to speculate whether this is a sign of XRP’s absolute success. How does this impact global XRP flows? Let’s find out. Also Read: Ripple XRP Price Signals Potential Breakout After $3 Britto XRP Connect: A Prophetic Surge? Source: Watcher.Guru Per analyst John Squire, XRP’s Arthur Britto is a co-founder of Ripple and is dubbed an enigmatic figure in the history of XRP. He is synonymous with the quote that touted XRP as crypto designed to reach $10,000. His sudden resurgence has led analysts to speculate whether the time has come for Ripple to show its true met...

Bitcoin is the current market obsession, the latest financial evolution that has now taken the world by storm. BTC is currently sitting at $104K and is under catalytic pressure due to the rising geopolitical mayhem. Once the pressure subsides, BTC will commence its track again, basking in renewed institutional demand to explore new price heights, possibly inching towards breaking past the coveted $115K pedestal. The current geopolitical chaos has pushed BTC to drop 5%, but at the same time, it is paving the way for the asset to emerge as a safe haven alternative for the world to take heed of. Here’s how Bitcoin will surge 25 years from now. Will it be hitting a new major milestone? Let’s find out. Also Read: Coinbase, Amex Launch 4% BTC Card as Stripe, USDC Join Shopify Bold Bitcoin Predictions: A Highlight Bitcoin is currently a global highlight, a new emerging asset that is quickly taking the world by storm. The token’s institutional demand is on a rapid rise, with BTC inc...

Bitcoin City, a new project in El Salvador, is getting a lot of attention in the cryptocurrency world. This plan aims to build a tax-free area powered by volcano energy and funded by Bitcoin mining. As El Salvador moves forward with its new take on digital money, recent news has people talking about the project again. Also Read: Ripple: Here’s How To Be A Millionaire If XRP Hits $10 Understanding El Salvador’s Bitcoin City – Volcano Energy & Crypto Mining The Idea Behind Bitcoin City El Salvador wants to create a modern city where Bitcoin is the main currency. The city plans to use energy from nearby volcanoes to run Bitcoin mining computers. This could create a city that pays for itself. Many Bitcoin fans around the world are excited about this idea. New Developments in Building the City Recently, the Bitcoin City project got a big boost. A Turkish company called Yilport is investing $1.62 billion in two of El Salvador’s seaports. This is the biggest private investmen...

Join Our Telegram channel to stay up to date on breaking news coverage NFTs have been one of the most popular aspects of the crypto industry ever since they blew up in early 2021. Then, almost exactly a year ago, metaverse technology also went quite big, launching countless new projects. And, thanks to the metaverse’s close relationship with NFTs, the NFT sector got something of a second wind, although the original hype about these digital assets has still not died down at the moment. Now, however, it appears that these assets, their technology, and generally, their potential, managed to attract the eye of the Japanese government, as the country’s Prime Minister, Fumio Kishida, announced recently in his policy speech that the country is planning on focusing on metaverse and NFT investments. Japan is doubling down on Web3 technologies Kishida noted that the country now has plans to further its investments in the digital asset space, particularly in digital transform...

The ministry’s panel will reportedly focus on developing a framework for a central bank digital currency based on a technical study carried out by the Bank of Japan over the past two years. Japan's Finance Ministry is planning to establish an expert panel in April to explore the feasibility of introducing a digital yen, Japanese news outlet NHK reported.  According to the report, the ministry’s panel will focus on the creation of a framework for a central bank digital currency (CBDC) and will refer to a technical study conducted by the Bank of Japan (BOJ) over the past two years. The ministry intends to use the findings from the expert panel to prepare for the possible issuance of a digital yen. CBDCs are digital versions of traditional currencies, such as the U.S. dollar, yen and euro, issued and backed by central banks. Unlike cryptocurrencies, which purport to be decentralized and not backed by any government or central authority, CBDCs are issued by a central bank and ope...