Monat: Oktober 2025

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CAKE eyes 60% rally as PancakeSwap hits $772B trading all-time high

  • PancakeSwap’s trading volume soared to new records in Q3.
  • Market sentiments signal renewed appetite for decentralized exchanges.
  • CAKE flashes recovery signs with a 60% potential breakout.

Digital currencies rallied in the past day as the “Uptober” narrative gained ground.

Bitcoin trades above $118,700, with the global cryptocurrency market cap up 3% on the daily timeframe to $4.07 trillion.

Altcoins look poised for substantial surges in the coming weeks.

This article evaluates CAKE, which eyes breakouts, fueled by key fundamentals.

PancakeSwap, the leading decentralized exchange on BNB Chain, has announced that it processed trades worth $772 billion the previous quarter, the highest ever recorded.

The figure sparked excitement across the cryptocurrency community as it confirms a significant resurgence for decentralized trading.

The trading milestone highlights renewed user activity and liquidity flowing into decentralized finance.

Meanwhile, the announcement came at a vital time, with players bracing for potential October rallies.

Analysts have shifted to the DEX’s native token CAKE, which appears ready for significant breakouts to the $4.20 target.

That would mean approximately 61% of the altcoin’s current market price.

Decentralized platforms gain traction

PancakeSwap’s comeback coincides with shifting tendencies in the trading world.

Decentralized platforms are dominating trends amid dissatisfaction with CEXs and complex yield opportunities.

Besides Pancakeswap’s trading breakthrough, perpetual DEXs like Hyperliquid and Aster confirm these shifts.

CAKE price gains momentum

PancakeSwap’s native token looks to capitalize on this reinvigorated energy.

CAKE is hovering at $2.63, gradually gathering upside strength.

Bulls are targeting the psychological level at $3.

Stability above this mark could support a short-term 60% uptick toward $4.20.

Analyst Rose Signals issued a more bullish forecast.

They highlighted that the alt has traded within a symmetrical pattern for roughly 2 years and retested the 100 Exponential Moving Average several times.

The chart shows a cup-and-handle pattern forming inside the channel, cementing the bullish case.

Rose expects CAKE to extend its breakout to $10.6 and $19.97 in the anticipated fourth-quarter bull run.

The renewed trading activity on PancakeSwap would likely renew demand for CAKE and support the upside journey.

PancakeSwap’s $772 billion milestone underscores massive liquidity and trust in its long-term potential.

For CAKE, the optimism translates to a thriving project and stronger fundamentals.

Such indicators mean magnified utility for the native token.

Also, the Binance ecosystem has remained hot lately.

BNB has already kick-started the upside party by crossing $1,000, and it might be time for other related coins like CAKE to shine.

The “Uptober” narrative adds weight to the bullish tale.

Cryptocurrencies start Q4 rallies with substantial breakouts in October, with BTC eyeing $170,000 after a strong September.

Analyst Michael van de Poppe believes “dips are for buying” as the market has entered an upside mode.

He expects more rallies to all-time highs in the coming weeks.

However, short-term CAKE traders should watch the support zone at $2.50.

Losing this barrier could trigger a dip to $2 and undermine the optimistic outlook.

The post CAKE eyes 60% rally as PancakeSwap hits $772B trading all-time high appeared first on CoinJournal.

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Litecoin price surges 12% to $120 amid crypto market rally; check forecast

  • Litecoin price jumped more than 12% to break above $120.
  • Gains came amid a broader crypto market bounce that also saw Bitcoin and Ethereum hit highs of $118,500 and $4,300.
  • ETF speculation, treasury strategy bets and overall macroeconomic conditions suggests LTC price could see a new all-time high in this bullish cycle.

Litecoin (LTC) price has retested the $120 mark amid a broader cryptocurrency market bounce.

As Bitcoin and Ethereum led the significant charge with gains of 5%, LTC saw a more than 12% spike to hit intraday highs of $121.

With sentiment increasingly optimistic amid a landscape likely to offer key tailwinds, Litecoin could be looking at a rally to highs last seen in 2021.

Litecoin price retests key level of $120

Litecoin’s rebound in the past 24 hours and past week aligns with the broader market’s uptick.

On Thursday, as macro factors helped BTC jump above $118,500, LTC saw its own upward flip. BTC price is eyeing the $120,000 mark.

Having broken from lows of $104 on Sept. 30, the altcoin continued higher to extend gains above $110. This saw bulls race to the crucial level of $120, an area likely to offer resistance as bears eye strengthening.

But the double-digit gain of over 12% in 24 hours, accompanied by trading volume spiking to over $1.3 billion, signals bullish strength.

LTC price prediction: How high can Litecoin jump amid ‘Uptober’ sentiment

The cryptocurrency community is buzzing amid calls for “Uptober”, a moniker referencing the cryptocurrency market’s historically bullish October periods.

As LTC targets fresh momentum, bolstered by a broader market cap recovery to $4 trillion, analysts project new multi year highs contingent on key catalysts like ETF approvals and macroeconomic shifts.

Filings for Litecoin spot ETFs from Grayscale, Canary Capital, and CoinShares are awaiting a green light from the SEC. Treasury plays like MEI Pharma are also adding to optimism.

On the technical front, LTC is pointing to a potential symmetrical triangle pattern breakout.

The upper boundary provided notable resistance earlier in the year, and bulls are looking to accumulate near this hurdle.

Successful bounce past this mark highlights a potential explosion to a new all-time high for LTC. Buyers could even set sights on $700-$1.000 in the current bullish cycle. Crypto analyst Captain Faibik shared a similar outlook on X.

This retest at $120 thus serves as a litmus test for whether the current bounce is a fleeting rally or the onset of a sustained uptrend.

If the threshold holds, particularly amid overall market upside, the Litecoin price could eye the first target of $200 in the coming weeks.

The post Litecoin price surges 12% to $120 amid crypto market rally; check forecast appeared first on CoinJournal.

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Thailand plans wider crypto ETFs, regulator seeks stronger powers

  • Current options limited to direct tokens or overseas funds.
  • Binance and Kasikornbank driving crypto expansion in Thailand.
  • SEC pushes bill for stronger oversight and enforcement powers.

Thailand is preparing to expand its cryptocurrency exchange-traded fund (ETF) plans to cover a broader range of tokens beyond Bitcoin, with the rollout expected in early 2025.

The move, led by the Securities and Exchange Commission (SEC), comes at a time when the Thai stock market has fallen 7.6% this year, prompting regulators and institutions to explore digital assets as alternative investment options.

Alongside this expansion, the SEC is also pushing a bill to strengthen its oversight of the financial sector, including faster enforcement powers against insider trading and irregularities.

Thailand moves beyond Bitcoin ETFs

The Thai SEC has confirmed that rules are being drafted to enable mutual funds and institutions to launch ETFs that include baskets of cryptocurrencies instead of focusing only on Bitcoin.

Currently, Thai investors can only gain exposure through direct token purchases or by investing in asset managers that channel funds into overseas cryptocurrency ETFs.

The new initiative would make it possible for local products to track multiple assets at once, increasing the supply of investment options available to the market.

The regulator highlighted that younger investors are showing growing demand for crypto exposure in their portfolios as a form of diversification.

By broadening access, the SEC aims to respond to this demand while creating frameworks for safe investment vehicles that can be integrated into mainstream financial markets.

Crypto push accelerates across Thailand

Momentum in Thailand’s digital asset sector has grown steadily throughout 2024. Major international and domestic players, including Binance Holdings Ltd. and Kasikornbank Pcl, are targeting further growth in the local crypto space.

Former Prime Minister Thaksin Shinawatra, regarded as a key figure in shaping the country’s economic direction, has been one of the most vocal supporters of crypto adoption, signalling political alignment with the sector.

The expansion of ETF products fits into broader efforts by the government and financial institutions to position Thailand as a regional hub for digital assets.

With tokenised investment products increasingly viewed as mainstream alternatives, the push could attract investors who are shifting away from underperforming traditional markets.

New bill to strengthen oversight

At the same time, the SEC is advancing a new bill designed to increase its powers in monitoring capital markets. If passed, the legislation would allow the regulator to suspend major transactions in cases where financial irregularities are detected.

It would also give the SEC authority to directly investigate insider trading and other market-impacting misconduct, instead of relying primarily on police resources.

The draft has already been cleared by the prime minister’s law-drafting body and is now awaiting parliamentary discussions.

According to the SEC, the goal is to speed up enforcement against wrongdoers and restore investor confidence in the fairness and stability of Thailand’s markets.

Balancing growth and risks

While the expansion of ETFs is expected to support investor participation in crypto assets, regulators are aware of the risks tied to volatility and market manipulation.

The new framework is being designed to ensure that investor protection measures are in place alongside broader access to products.

By combining market development with stronger enforcement mechanisms, the SEC aims to create a regulatory balance that supports growth without undermining financial stability.

The success of these measures will depend on how effectively institutions can launch diverse ETF offerings, how the public responds to new investment opportunities, and whether the oversight bill is passed into law.

Together, these initiatives mark one of Thailand’s most comprehensive moves yet to integrate crypto into its financial system.

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