Category Archives: markets

BitMine Still Buying The Dip, Tom Lee Has Scooped $1.7B ETH Since Crash

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BitMine Immersion Technologies has made its fourth purchase of Ether since the record liquidity flush on October 10. On Monday, the company acquired $250 million worth of ETH from Bitgo and Kraken, according to Arkham Intelligence, which noted, “These accounts match BitMine’s prior acquisition pattern.”

### Growing ETH Holdings

This week, BitMine’s wallets purchased 63,538 ETH, following a massive buy of 379,271 ETH last week. This brings the total to 442,809 ETH, valued at approximately $1.74 billion at current prices, accumulated since the market crash. This aggressive dip buying strategy—unlike any similar movement in Bitcoin treasuries—has pushed BitMine’s total holdings to around 3.17 million ETH.

While the company has yet to officially confirm these latest purchases, if accurate, this represents about 2.6% of the entire Ethereum supply and over 50% progress toward its target of owning 5% of the asset.

### Tom Lee’s Confidence in Crypto’s Future

BitMine chairman Tom Lee remains optimistic about the market’s trajectory. “So I think we’re at the basement and working our way back up,” he told CNBC on Friday. Lee has also revealed that BitMine is preparing to launch its own Ethereum staking solution very soon.

### Market Outlook and Industry Sentiment

Coinbase shares a bullish outlook for the fourth quarter momentum in crypto markets and highlights the role of Digital Asset Treasurys (DATs). David Duong, head of research at Coinbase Institutional, emphasized in a recent paper, “Looking at the supply/demand picture, it’s hard to overstate the impact that digital asset treasury companies have had on markets this year.”

### Ether Prices Retreat Amid Market Fluctuations

Despite these positive developments, Ether prices have faced downward pressure. A recurring pattern has emerged where Asian markets pump buying activity, only for American markets to respond with selling, preventing sustained upward momentum.

On Monday, ETH reached an intraday high of $4,080 during early trading but fell back to $3,940 due to selling pressure in the US trading session. The asset has seen only marginal recovery following its double dip in October and needs to clear—and maintain—a price above $4,000 to signal meaningful progress.

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**You may also like:**
– Vitalik Buterin Unveils GKR: A Faster, More Scalable Zero-Knowledge Protocol
– Ethereum (ETH) Rally Ignites as Investors Pour $205M Despite Market Turmoil
– Ethereum Reclaims $4K, Poised For Explosive Breakout, Say Analysts
https://cryptopotato.com/bitmine-still-buying-the-dip-tom-lee-has-scooped-1-7b-eth-since-crash/

How The Pieces Add Up: DFUS Headed For $81

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Looking at the underlying holdings of the ETFs in our coverage universe at ETF Channel, we compared the trading price of each holding against the average analyst 12-month forward target price. From this, we computed the weighted average implied analyst target price for the ETF itself.

For the Dimensional U.S. Equity Market ETF (Symbol: DFUS), we found that the implied analyst target price based on its underlying holdings is $80.80 per unit. With DFUS trading at a recent price near $72.40 per unit, this suggests that analysts see an 11.60% upside for this ETF by looking through to the average analyst targets of its underlying holdings.

Three of DFUS’s underlying holdings stand out with notable upside potential to their analyst target prices:

– **Iovance Biotherapeutics Inc (Symbol: IOVA)**
IOVA has recently traded at $2.24 per share, while the average analyst target price is $9.10 per share—representing a potential upside of 306.25%.

– **Dianthus Therapeutics Inc (Symbol: DNTH)**
DNTH’s recent share price is $36.20, with an average analyst target of $62.73 per share. This indicates a potential upside of 73.28%.

– **Orion SA (Symbol: OEC)**
OEC is currently trading at $6.21 per share. Analysts expect it to reach a target price of $10.50 per share, which is 69.08% above the recent price.

Below is a summary table outlining the current analyst target prices for these stocks:

| Name | Symbol | Recent Price | Avg. Analyst 12-Mo. Target | % Upside to Target |
|————————————|——–|————–|—————————-|——————–|
| Dimensional U.S. Equity Market ETF | DFUS | $72.40 | $80.80 | 11.60% |
| Iovance Biotherapeutics Inc | IOVA | $2.24 | $9.10 | 306.25% |
| Dianthus Therapeutics Inc | DNTH | $36.20 | $62.73 | 73.28% |
| Orion SA | OEC | $6.21 | $10.50 | 69.08% |

*Note: A twelve-month price history chart comparing the stock performance of IOVA, DNTH, and OEC is available below.*

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**Are Analysts’ Targets Justified?**

Are analysts justified in these targets, or could they be overly optimistic about where these stocks will trade 12 months from now? Do the analysts have a valid basis for their targets, or might they be behind the curve on recent company and industry developments?

A high price target relative to a stock’s current trading price can reflect optimism about the future. However, it can also be a precursor to target price downgrades if the targets were set based on outdated information.

These questions highlight the importance of conducting further research before making investment decisions.

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**Related Content:**

– 10 ETFs With Most Upside To Analyst Targets
– CVI Price Target
– Top Ten Hedge Funds Holding ERJ
– AX Market Cap History

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*Disclaimer: The views and opinions expressed herein are those of the author and do not necessarily reflect those of Nasdaq, Inc.*
https://www.nasdaq.com/articles/how-pieces-add-dfus-headed-81

XRP Price Prediction: V-Shaped Rebound Sends XRP Toward Breakout – Something Big is About to Happen

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XRP Price Prediction: V-Shaped Rebound Sends XRP Toward Breakout – Something Big is About to Happen

Recent analysis of XRP’s price movement suggests the cryptocurrency is on track to reclaim the $3 mark. Key resistance levels have been identified between $3.17 and $3.36. Should the current momentum persist, traders may see XRP targeting higher ranges near $3.60 to $4.00.

Market participants are closely monitoring several factors influencing XRP’s trajectory. One significant development is the CME’s plan to introduce 24/7 crypto trading, which could add liquidity and impact price dynamics. Additionally, upcoming ETF deadlines are contributing to heightened market anticipation.

Support has been noted around the $2.94 level, providing a foundational base for potential upward movement. Meanwhile, the Relative Strength Index (RSI) is approaching overbought territory, indicating strong buying interest but also suggesting caution among investors.

Overall, the combination of a robust V-shaped rebound and critical market events points toward a possible breakout for XRP in the near term. Traders and investors should stay alert as something significant appears to be unfolding.

*The above analysis originally appeared on Cryptonews.*
https://cryptonews.com/news/xrp-price-prediction-v-shaped-rebound-sends-xrp-toward-breakout-something-big-is-about-to-happen/

Avalanche (AVAX) Price Analysis: Can It Hold Above $30 and Aim Higher?

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Avalanche (AVAX) is currently testing the significant $30 support level as traders closely monitor whether the altcoin can maintain its momentum and push toward higher targets.

Market sentiment and technical indicators are expected to play a crucial role in shaping AVAX’s next move.

As the native token of the Avalanche blockchain, AVAX holds a market capitalization of approximately […], highlighting its notable presence in the cryptocurrency landscape.

Investors and analysts alike are watching the price action carefully to determine if the support at $30 will hold or if further adjustments are on the horizon.
https://www.tronweekly.com/avalanche-avax-price-analysis-can-it-hold-above/

Elon Musk Becomes World’s First Person To Hit $500 Billion Net Worth: Forbes List

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While Tesla’s shares stumbled earlier this year, they are currently on a steady climb. This positive shift has been linked to Elon Musk’s renewed focus on his companies.

Elon Musk, the owner of Tesla, has become the first person to reach a net worth of nearly USD 500 billion. This milestone is credited to a strong rebound in Tesla’s stock and soaring valuations of his other ventures. According to the Forbes Billionaire Index, Musk’s total wealth touched USD 500.1 billion as of 4:15 PM ET on Wednesday, making him the richest individual in the world, far ahead of other business leaders.

Musk’s fortune remains closely tied to Tesla, where he owns a stake of more than 12.4 percent as of mid-September. Despite facing challenges in sales, the electric carmaker’s shares have gained more than 14 percent this year. On Wednesday alone, Tesla stock closed 3.3 percent higher, adding more than USD 6 billion to Musk’s wealth.

Tesla board chair Robyn Denholm recently noted that Musk is now “back front and center” at the company after months of distraction related to his activities at the White House. Supporting this renewed focus, Musk purchased nearly USD 1 billion worth of Tesla shares last month.

Tesla is currently racing to transform itself from a traditional carmaker into a leader in artificial intelligence and robotics. However, the company still faces pressure from weak car sales and shrinking profit margins, which have placed its stock among the laggards of the “Magnificent Seven” tech giants.

In response, Tesla’s board has proposed a USD 1 trillion pay package for Musk. This package ties his rewards to ambitious financial and operational goals, while also granting him the larger stake he has been seeking.

Musk’s growing empire outside Tesla has also fueled his wealth. His artificial intelligence venture, xAI, was valued at USD 75 billion in July, with reports suggesting it could aim for a USD 200 billion valuation in the near future. Musk, however, has denied plans to raise fresh funds for xAI.

Meanwhile, SpaceX, Musk’s rocket company, continues its expansion. Bloomberg News reported in July that SpaceX was considering a funding round that would value the firm at around USD 400 billion.

With Musk’s diversified portfolio and Tesla’s resurgence, his position as the world’s richest individual looks firmly secured for the foreseeable future.
https://www.news18.com/world/elon-musk-becomes-worlds-1st-person-to-hit-500-bn-net-worth-shows-forbes-list-9609384.html

USDT issuer Tether buys 8,888 Bitcoin worth $1 billion

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Today, which is also the last day of Q3 2025, Tether added another block of Bitcoin to its reserves. According to market watchdogs, the USDT issuer has moved a cool $1 billion into 8,888.889 BTC, marking one of the largest inflows recorded in 2025 for the stablecoin issuer.

Spotted by Onchain Lens, the transfer went directly from Bitfinex hot wallets to Tether’s reserve address. This move fits into a bigger pattern observable in the on-chain history. Over the past two years, the company that issues USDT has repeatedly moved blocks of Bitcoin worth between $700 million and $1.4 billion into its reserves. This activity often occurs during periods of market tension, which could also be attributed to the current state of the crypto market.

Tether is now the sixth-largest BTC wallet. Since the company announced in May 2023 that it would regularly use 15% of its profits to purchase Bitcoin for reserves, the last time they withdrew BTC was on the last day of Q1 2025. Currently, their BTC reserve address holds 86,335 BTC worth approximately $9.75 billion, maintaining its position as the sixth-largest BTC wallet.

With Q3’s purchase, the amount of Bitcoin on Tether’s balance sheet increased by about 11%, keeping it well ahead of gold and approaching a 10% share. Calculated at the price when they withdrew from the exchange, the average purchase price of these BTC is about $48,542. This means Tether is currently sitting on an unrealized profit of as much as $5.5 billion.

Tether’s $115.2 billion market cap provides unmatched liquidity, enabling institutions to leverage USDT for yield generation and cross-chain transactions. Meanwhile, Tether’s balance sheet shows $127 billion in US Treasuries and $5.47 billion in excess reserves, reinforcing its credibility as a stable financial actor.

As of mid-2025, institutions hold 410,000 BTC through ETFs, representing 33% of US Bitcoin ETF holdings, while public companies hold 725,000 BTC. This amount surpasses the annual supply of new Bitcoin. Meanwhile, the price of BTC remains steady with a slight 0.67% decline, trading at $113,184.07.

**Stablecoins Record Over $45 Billion in Net Inflows**

Stablecoins have recorded over $45 billion in net inflows during the past 90 days. According to on-chain data, Tether’s USDT and Circle’s USDC contributed significantly to this surge. The third quarter alone saw $56.5 billion in stablecoin inflows.

The stablecoin market continues to be dominated by Tether’s USDT, which has seen a net inflow of $19.6 billion. With a market share of about 59%, Tether’s USDT remains the dominant stablecoin in the crypto space.

Tether’s success is not limited to the third quarter. USDT saw an additional $9.2 billion minted in the second quarter. With demand increasing, USDT’s position remains unchallenged by any other stablecoin in the market.

However, USDC’s net issuance surged significantly throughout the quarter. Stablecoin inflows to USDC increased to $12.3 billion, up from $500 million in Q2.

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https://bitcoinethereumnews.com/bitcoin/usdt-issuer-tether-buys-8888-bitcoin-worth-1-billion/?utm_source=rss&utm_medium=rss&utm_campaign=usdt-issuer-tether-buys-8888-bitcoin-worth-1-billion

Taiwan Stock Market Due For Support On Monday

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The Taiwan stock market has finished lower in three straight sessions, sinking more than 660 points, or 2.5 percent, during that span. The Taiwan Stock Exchange (TSE) now sits just above the 25,580-point plateau, although it may find traction on Monday.

The global forecast for Asian markets is upbeat, buoyed by an improved outlook for interest rates. European and U.S. markets were up recently, and Asian bourses are expected to open similarly.

On Friday, the TSE finished sharply lower following losses in financial shares, technology stocks, and plastics companies. The index plummeted 443.53 points, or 1.70 percent, to close at 25,580.32 after trading between 25,469.04 and 25,998.28.

Among the active stocks:

– Cathay Financial dropped 0.91 percent
– Mega Financial edged up 0.12 percent
– First Financial sank 0.84 percent
– Fubon Financial dipped 0.16 percent
– E Sun Financial shed 0.45 percent
– Taiwan Semiconductor Manufacturing Company retreated 1.52 percent
– United Microelectronics Corporation rallied 1.24 percent
– Hon Hai Precision plunged 4.57 percent
– Largan Precision declined 1.28 percent
– Catcher Technology tumbled 1.60 percent
– MediaTek tanked 2.60 percent
– Delta Electronics plummeted 4.07 percent
– Novatek Microelectronics slumped 1.36 percent
– Formosa Plastics stumbled 1.29 percent
– Nan Ya Plastics crashed 3.18 percent
– Asia Cement rose 0.13 percent
– CTBC Financial remained unchanged

The lead from Wall Street is positive as major averages opened higher on Friday and spent most of the day in the green. The Dow jumped 299.97 points, or 0.65 percent, to finish at 46,247.29, while the NASDAQ advanced 99.37 points, or 0.44 percent, to close at 22,484.07. The S&P 500 gained 38.98 points, or 0.59 percent, ending at 6,643.70.

For the week, however, the NASDAQ slid 0.7 percent, the S&P 500 fell 0.3 percent, and the Dow dipped 0.2 percent.

The strength on Wall Street reflected a positive reaction to a closely watched Commerce Department report showing consumer prices rose in line with economist estimates in August. The data helped increase confidence that the Federal Reserve will continue lowering interest rates in the coming months.

Crude oil prices advanced on Friday as Russia restricted fuel exports by introducing a partial ban on diesel exports until the end of 2025. West Texas Intermediate (WTI) crude for November delivery was up $0.59, or 0.91 percent, at $65.57 per barrel.

*The views and opinions expressed herein are those of the author and do not necessarily reflect those of Nasdaq, Inc.*
https://www.nasdaq.com/articles/taiwan-stock-market-due-support-monday

$1.15 Billion Liquidated As Bitcoin And Ether Prices Melt Down

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**Sep 27, 2025 – Market Sees Extreme Turbulence with Over $1.15 Billion Liquidated**

The end of the week was marked by extreme market turbulence, as more than $1.15 billion in leveraged positions were liquidated across major exchanges. This cascade of forced selling primarily impacted traders holding long positions, causing Bitcoin (BTC) and Ethereum (ETH) to break through key support levels.

**Bitcoin and Ethereum Prices Fall Sharply**

Bitcoin briefly dropped below $109,000, falling 2.1% within a 24-hour period. Ethereum experienced an even steeper decline, dropping 3.3% and losing the critical $4,000 support level.

Previously, Coinidol.com reported that Bitcoin was trading within a limited range. The price fell and broke below the established support level of $111,000, which may lead to a further drop to around $107,000.

**Factors Behind the Sharp Correction**

This sudden correction was driven by several factors:

– **Heavy ETF Outflows:** Both Bitcoin and Ethereum spot ETFs recorded significant outflows, signaling a pause in institutional buying after a period of intense activity.

– **On-Chain Signals:** Analysts observed that long-term holders were realizing profits. Additionally, the Crypto Fear & Greed Index dropped sharply to levels not seen since April, indicating extreme investor caution.

– **Leverage Wipeout:** The liquidation event itself was the most immediate cause of the downturn. The forced closure of over $1.15 billion in long bets created massive selling pressure. Most losses occurred on exchanges such as Bybit and the decentralized exchange Hyperliquid.

As the market digests these developments, traders and investors are closely monitoring for signs of stabilization or further volatility in the days ahead.
https://bitcoinethereumnews.com/bitcoin/1-15-billion-liquidated-as-bitcoin-and-ether-prices-melt-down/?utm_source=rss&utm_medium=rss&utm_campaign=1-15-billion-liquidated-as-bitcoin-and-ether-prices-melt-down

Ether.fi Foundation Executes $7.1M ETHFI Buyback, Fueling DeFi Scarcity Debate

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**Ether.fi Foundation Executes $205,000 Buyback, Boosting Total ETHFI Repurchases to Over $7.1 Million**

The Ether.fi Foundation recently utilized 51 ETH—equivalent to approximately $205,000—to repurchase 127,000 ETHFI tokens in late September 2025. This move increases the total buyback amount to over $7.1 million, demonstrating Ether.fi’s commitment to reducing token supply and enhancing its value. The buyback strategy has sparked increased interest in both ETHFI and sETHFI among DeFi stakeholders.

### Ether.fi’s $7.1M ETHFI Buyback Strategy Unveiled

This week, the Ether.fi Foundation completed the latest buyback as part of a strategic initiative, using protocol revenue to acquire 127,000 ETHFI tokens for about $205,000. To date, the foundation has invested more than $7.1 million in total ETHFI repurchases.

CEO Mike Silagadze has been at the forefront of these efforts, frequently updating the community on progress via X (formerly Twitter). The buyback is expected to apply positive buying pressure on ETHFI by significantly reducing its circulating supply. By prudently allocating protocol revenue to these purchases, Ether.fi aims to amplify the token’s value and make its governance more attractive to stakeholders.

Market analysts have drawn parallels between this strategy and other successful DeFi buyback models. Additionally, Silagadze’s speculative remarks on X have highlighted the potential scarcity impact as a key driver in boosting token value.

### Ethereum’s Price Amid Market Volatility: Key Analysis

Did you know? Historical token buybacks often seek to replicate bitcoin-like scarcity models—such as the famous halving events—by reducing supply. This scarcity can contribute to improved price stability and increased value for token holders.

Currently, Ethereum is priced at $4,000.42, reflecting a 1.07% decline over the past 24 hours. According to CoinMarketCap, Ethereum’s market capitalization stands at approximately $482.86 billion, with a dominance of 12.81% in the crypto market. Trading volume has dropped sharply by 53.82%, settling at $25.25 billion. Despite recent volatility, Ethereum’s 90-day price gain remains impressive at 64.08%.

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With these strategic buybacks and steady growth in market interest, Ether.fi is positioning itself as a strong contender in the DeFi space, aiming to create long-term value and engagement for its community and stakeholders.
https://bitcoinethereumnews.com/tech/ether-fi-foundation-executes-7-1m-ethfi-buyback-fueling-defi-scarcity-debate/?utm_source=rss&utm_medium=rss&utm_campaign=ether-fi-foundation-executes-7-1m-ethfi-buyback-fueling-defi-scarcity-debate

XRP ETF hype surges – Yet THESE on-chain metrics signal caution!

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**Does XRP’s ETF Optimism Guarantee a Sustained Rally?**

While optimism surrounding XRP’s potential ETF approval may provide temporary relief, it does not guarantee a sustained rally. Weak network growth and negative address activity divergence continue to limit lasting bullish momentum for the cryptocurrency.

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### What Are Recent Open Interest and On-Chain Metrics Indicating About XRP?

Recent data shows a decline in Open Interest (OI) along with subdued on-chain activity, indicating a cautious stance among traders. This hesitance reflects insufficient speculative support to drive a strong and sustainable rally in XRP’s price.

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### Evolving XRP Spot ETF Landscape

The XRP spot ETF scene is rapidly developing. Franklin Templeton’s filing has been extended into November, signaling ongoing regulatory processes. Meanwhile, the REX-Osprey XRPR ETF, which launched on September 18th, recorded an impressive $37.7 million in trading volume on its first day—making it one of the largest ETF debuts of the year.

Despite this positive news, the Spot Taker Cumulative Volume Delta (90-day) continues to show sellers dominating the market. This suggests that profit-taking and heavy sell pressure remain entrenched. Although there were intermittent bursts of buyer strength during the summer, sellers quickly regained control, leaving momentum biased against bulls. This imbalance underscores the short-term risks XRP faces, where ETF optimism must contend with a market struggling to generate decisive buyer inflows and break sustained downward pressure.

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### Network Growth and Transaction Activity Fall Short

On-chain signals remain muted. XRP’s network growth has slid to just 4,849 active addresses, while transaction counts hover around 617,000—both figures are near their recent lows. These metrics point to muted adoption and weaker user engagement.

Historically, subdued network activity has limited XRP’s ability to sustain price rallies, even amid broader market optimism. While ETF approval may offer temporary price boosts, structural growth depends on consistent network expansion and higher transaction volumes. Without meaningful new participants joining the ecosystem, underlying weaknesses threaten to dampen bullish momentum despite favorable regulatory catalysts.

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### Is Declining Address Activity a Warning Sign?

Daily Active Addresses (DAA) divergence further highlights XRP’s fragile momentum. Participation metrics have been lagging behind price action, signaling weakening organic growth.

The persistent negative DAA divergence suggests traders remain hesitant to stay engaged, as network adoption fails to gain traction. In such an environment, rallies often struggle to sustain because price increases aren’t supported by a growing base of active users. As activity stagnates, XRP risks losing alignment between demand and valuation, making ETF-driven optimism appear more speculative than fundamentally supported. This address divergence continues to cast doubt on XRP’s ability to build lasting bullish traction.

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### Open Interest Slides as Traders Reduce Exposure

Open Interest in XRP derivatives dropped by 3.34%, settling around $7.33 billion. This decline highlights reduced speculative positioning across futures markets, signaling that traders are exercising caution rather than conviction.

While lower exposure may help reduce short-term volatility, it also indicates waning appetite for risk-taking and less leverage supporting potential rallies. Historically, significant XRP uptrends have aligned with rising Open Interest, underscoring the importance of derivative market activity. Current trends, however, point toward fading speculative strength even as ETF anticipation grows.

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### Can ETF Optimism Offset On-Chain Weakness?

Despite increasing speculation around XRP’s ETF approval, several headwinds remain dominant: seller pressure, subdued network activity, negative address divergence, and declining Open Interest.

For XRP to mount a sustainable rally, investor enthusiasm must be matched by stronger on-chain growth rather than relying solely on regulatory developments. Although ETF approval could spark temporary price relief, without renewed activity across the network and derivatives markets, upside momentum risks quickly fading.

The evidence suggests XRP requires deeper structural participation and broader ecosystem engagement before ETF optimism can translate into lasting gains.

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**In summary, while XRP’s ETF prospects provide a promising catalyst, fundamental challenges in network growth and trader engagement underscore the risks of expecting a sustained rally based solely on regulatory optimism.**
https://ambcrypto.com/xrp-etf-hype-surges-yet-these-on-chain-metrics-signal-caution/