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A widely followed crypto trader says he’s keeping his eye on one of the market’s “best opportunities” while looking ahead to what’s next for Bitcoin (BTC) and Arbitrum (ARB). In a new post on X, crypto analyst Michaël van de Poppe tells his 812,700 followers that Wormhole (W), an interoperability project that allows communication between blockchains, is potentially a “steal” at its current price. “In my opinion, one of the best opportunities in the markets. Very glad that I’ve got W allocated in the Altcoin portfolio in the size that I’ve got it allocated. The Altcoins were about to break to the upside, although the market crash wiped everything out again. That’s why the next leg up should be higher than the previous one, and that brings W as a potential steal at these prices.” Source: Michaël van de Poppe/X Looking at crypto king Bitcoin, Van de Poppe says the upcoming U.S. Federal Open M...

The recent market Analysis suggests that non-fungible tokens are experiencing a resurgence after a significant market correction that left many projects declining. The NFT market exploded into the mainstream in 2021, fueled by celebrity endorsements, record-breaking sales, and a general pandemic-era craze around digital assets. This massive wave of interest and investment left many NFTs reaching new all-time highs. NFTs Bounce Back In 2025 Unfortunately, NFTs have been written off as a passing trend. Prices fell, headlines moved on for a while, and skeptics said the hype was over. In fact, many reports and news articles from last year published that as many as 96% of NFT collections were considered “dead,” with little to no trading volume. The shift was a “healthy correction” in the NFT market, weeding out thousands of projects with no real purpose beyond hype. In 2025, the digital art scene is buzzing again. The top NFT collections have substantial trading s...

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Prediction markets Polymarket and Kalshi are competing to recruit as many crypto influencers as possible, paying them to display affiliate badges on X in a PR battle that has been dubbed the “Kalshi vs Polymarket KOL Wars.” Both firms are paying undisclosed sums to various accounts, with followers ranging from the hundreds to the hundreds of thousands, to promote their markets to their respective audiences on X and display the affiliate badge. Crypto streamer Gainzy announced he was joining Polymarket last month, while @katexbt joined Kalshi this week. Another member of the Kalshi team noted last month, “ Deploying more Kalshi badges — steady lads ,” while some users have begged for the chance to represent Kalshi. The marketing push follows a recent dramatic drop in app downloads across both platforms and may well be an attempt to hook newcomers across the crypto community. Prediction market competition leads to poaching X user and crypto strea...

Pro-crypto US Senator Cynthia Lummis has confirmed that the process to acquire funds for the US Strategic Bitcoin Reserve (SBR) could “start anytime” as regulatory red tape delays the fund’s creation. In an X post , Lummis said that the regulative side of things is still a “slog.” She added, however, that “the acquisition of funds for an SBR can start anytime” thanks to crypto-friendly US President Donald Trump.  Trump Signed An Executive Order For The Strategic Bitcoin Reserve Earlier This Year Trump signed an executive order to create the US Strategic Bitcoin Reserve earlier this year.  Seven months have since passed and the concrete formulation of the SBR is yet to be confirmed. More specifically, there have not yet been any clear details regarding how exactly capital for the SBR will be raised. The official government fact sheet says that the SBR will initially be “capitalized with Bitcoin owned by the Department of Tre...

Last week was one of the most impressive periods for crypto exchange-traded funds (ETFs), in particular Bitcoin (BTC). BlackRock was one again ahead of its rivals, recording $446 million worth of BTC inflows on Thursday, October 2, and another $791.55 million on Friday, October 3, according to data retrieved by Finbold from SoSoValue To put things into perspective, Fidelity, for example, saw only $69.58 million added on Friday, while Ark’s net assets rose by $35.48 million. Out of 12 spot Bitcoin ETFs, only five saw no changes at the week’s close, while the rest were in the green. However, the numbers become more staggering when we consider that BlackRock’s net additions were more than four times higher than those of its competitors combined ($193.5 million). Spot BTC ETFs. Source: SoSoValue The overall daily inflows on October 3 were thus at $985.08 million, bringing the weekly total to $3.24 billion. New BlackRock Bitcoin ETPs  The world’s largest...

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Whale activity around XRP has resurfaced, with the potential to influence short-term price movement as the token struggles to reclaim $3. Specifically, on-chain Analysis revealed a transaction involving 40,808,750 XRP, valued at approximately $117.36 million, that moved between unknown wallets, according to data shared by Whale Alerts on September 29. 40,808,750 #XRP (117,359,625 USD) transferred from unknown wallet to unknown wallethttps://t.co/T9Rgr71UMN — Whale Alert (@whale_alert) September 30, 2025 ​The latest transfer comes shortly after the approval of XRP ETFs, suggesting that whales may be engaging in profit-taking and strategic repositioning amid a mixed macroeconomic backdrop.  Notably, attention has shifted to the SEC for potential approval of additional spot ETFs in October, with XRP ranking among the assets awaiting a decision from the regulator.  Recent reports indicate that the SEC is streamlining the approval process,...

Ethereum (ETH) lost over $3 billion in market cap in less than 24 hours, dropping from just north of $543 billion on September 21 to around $506.85 billion on September 22.  Trading at around $4,203 at the time of writing, the cryptocurrency is down 6.11% on the daily and nearly 7% on the weekly chart. Ethereum market cap. Source: CoinMarketCap Far from an isolated incident, the loss comes as the global crypto market capitalization tumbles down to $3.89 trillion, down from a recent peak of over $4 trillion as a result of more than $1.5 billion in bullish positions being liquidated.  While Bitcoin (BTC) also dropped around 3% and trades below $113,000, altcoins took a harder hit, with XRP, for instance, wiping $11 billion in market value overnight. Meme coins saw even steeper losses, as Dogecoin (DOGE), Shiba Inu (SHIB), and Pepe (PEPE) all dropped over 10%, with Elon Musk’s favorite crypto now down 14% on the week despite the recent record-breaking exc...

Crypto exchange Gemini, founded by billionaires Cameron and Tyler Winklevoss, has secured Nasdaq as both a listing partner and an investor ahead of the company’s proposed initial public offering (IPO). Gemini aims to debut on the Nasdaq this Friday under the ticker “GEMI,” a timeline that is still dependent on market conditions, according to a Reuters report that cited sources familiar with the matter. Nasdaq will buy $50 million worth of the crypto exchange’s shares in a private placement at the time of the IPO, which aims to raise more than $300 million. That’s after Gemini said last week that it plans to selling 16,666,667 shares of its Class A common stock at between $17 and $19 per share. The exchange will also grant underwriters a 30-day option to buy an additional 2,396,348 shares.  The exchange’s arrangement with Nasdaq will extend to giving Nasdaq’s clients access to Gemini’s custody and staking services.  Meanwhil...

The number of new investors taking an entry position in Shiba Inu (SHIB) is moving at a snail’s pace. SHIB boasted approximately 1.5 million holders at the start of January, and nine months down the line in September, the numbers have barely moved up. According to the latest data from Etherscan, SHIB holders are still 1.539 million with a growth of just 0.002% over a month. In August, the number of holders was 1.535 million, and has grown by only 4,000 wallets. Also Read: What Happens If Shiba Inu (SHIB) Reaches $1? The development does not come as a surprise, as Shiba Inu has failed to generate interest among the investor community. The relentless price dip has made traders avoid the token as it is erasing all investments made this year. SHIB has dipped nearly 43% year-to-date and is among the least-performing cryptocurrencies in the market. The development has dampened investors’ mood as several other altcoins are delivering better profits. Investments in Shiba Inu Dries U...

Institutional adoption of Ethereum is accelerating at a pace that now eclipses Bitcoin, with ETH futures open interest topping $10 billion and spot ETH ETFs seeing inflows ten times higher than their BTC rivals. The total notional open interest (OI) in ETH futures recently crossed above $10 billion for the first time on record, according to the CME Group. Notional OI represents the total dollar value of active or open contracts at any given time. “We’re certainly seeing a resurgence and renewed enthusiasm in Ether futures — especially as it relates to institutional participation,” CME Group’s global head of cryptocurrency products, Giovanni Vicioso, told CoinDesk. Large Open Interest Holder Count Hits A New Record The CME offers standard-sized contracts of 50 ETH as well as micro-sized contracts of 0.1 ETH. Earlier this month, the number of large open interest holders, who hold at least 25 ETH contracts at a given time, reached a record of 101.  T...

As Bitcoin (BTC) faces the renewed threat of plunging below the $110,000 support amid a broader market sell-off, historical data suggests the asset may be destined for more losses in September. Since 2015, Bitcoin has managed only a 40% win rate in September, with an average return of -2.5%, according to data from charting platform TrendSpider shared on August 25. Bitcoin seasonality chart. Source: TrendSpider The seasonality outlook points to a bearish trend, placing September alongside August as one of the least favorable months for BTC holders.  In contrast, months such as February and October have delivered outsized gains, boasting win rates of 82% and 90% respectively. BTC’s new bearish sentiment  Notably, the statistic emerges at a time when Bitcoin is grappling with fresh bearish sentiment, as whale selling and exchange-traded fund outflows weigh on investors’ confidence. To this end, analysts have laid out several scenarios for the flagshi...

U.S. spot Bitcoin (BTC) and Ethereum (ETH) exchange-traded funds (ETFs) saw another wave of withdrawals yesterday, August 20, the fourth consecutive day of consistent net outflows. Bitcoin ETFs shed $311.57 million during the session, with BlackRock (IBIT) leading the sell-off with $220 million, according to data from SoSoValue on August 21. Ark (ARKB) had the same idea, dropping $76 million, while Fidelity (FBTC) and Grayscale (GBTC) posted smaller outflows of $7 million and $8 million, respectively. Ethereum ETFs also recorded substantial redemptions, with $240 million withdrawn on the day and BlackRock (ETHA) again taking the brunt of it, seeing $257 million in withdrawals.  Trading volumes still high Despite the net losses, trading volumes remained fairly high, suggesting investors are more likely to be repositioning rather than exiting the market altogether. Shifting strategies could be the result of both Bitcoin and Ethereum struggling to hold key...