Evernorth Holdings arbeitet weiter daran, ein börsennotiertes XRP-Treasury-Vehikel an der Nasdaq zu lancieren. Dazu hat es 388,7 Millionen XRP akkumuliert.
Bitcoin price forecast: BTC dips below $113k ahead of FOMC
Key takeaways
- BTC is down 1% in the last 24 hours and is now trading below $113k.
- The Fed is expected to cut interest rates by at least 25 basis points today.
FOMC meeting dominates headlines
Bitcoin, Ethereum (ETH), and Ripple (XRP) are currently bearish as they are struggling to break above key resistance levels. Bitcoin has dropped below 113k and is now trading around $112,950 per coin.
This price action comes after Bitcoin’s price was rejected at the 78.6% Fibonacci retracement level. The bearish performance in the last few hours comes ahead of the FOMC meeting in a few hours.
The Federal Reserve is expected to cut interest rates by at least 25 basis points, a move that could see Bitcoin and other leading cryptocurrencies rally in the near term. The rate cut is expected despite the ongoing U.S. government shutdown, which caused a financial data backlog in the last three weeks.
Bitcoin could hit $120k if the bullish trend resumes
The BTC/USD 4-hour chart is bearish and efficient as Bitcoin has underperformed in the last 24 hours. The bearish performance comes after Bitcoin retested and faced rejection from the 78.6% Fibonacci retracement level at $115,137 earlier this week. It is now down 1% in the last 24 hours and is currently trading below the 50-day Exponential Moving Average (EMA) at $112,950.
The Relative Strength Index (RSI) on the 4-hour chart hovers around 60, indicating a bullish bias among traders. Furthermore, the Moving Average Convergence Divergence (MACD) showed a bullish crossover on Sunday, supporting the bullish thesis.
If Bitcoin holds its price above the $112k level and closes its daily candle above $115,137, it could extend the rally toward the key psychological level at $120,000.
However, failure to close above the $115,137 resistance level could see Bitcoin lose its recent momentum and decline toward the 61.8% Fibonacci retracement level at $106,453.
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Aerodrome price surges 10% after Animoca Brands announces strategic investment
- Aerodrome Finance price eyes breakout above $1.
- This comes after Animoca Brands announced it market-acquired and staked AERO tokens.
- Market sentiment and the institutional confidence may propel Aerodrome Finance price to $1.34.
Aerodrome Finance (AERO) price is up amid bullish momentum.
The token gained as web3 and gaming investor Animoca Brands makes a strategic investment, a move that helped AERO price extend 24-hours to over 10% and briefly surpass the $1 mark.
The Animoca Brands’ backing of Aerodrome Finance adds to the growing institutional interest in the decentralized exchange project on Base.
Animoca Brands acquires, stakes AERO
Animoca Brands announced its acquisition of AERO tokens on October 28, noting it made purchases on the open market. The company then staked all of these tokens for veAERO, demonstrating long-term commitment to Aerodrome Finance.
We’ve market acquired a position in $AERO and max-locked as $veAERO.@AerodromeFi is an innovative, next-generation AMM that has consistently captured over 50% of @base’s DEX TVL, establishing itself as the central liquidity hub for the ecosystem.
Our rationale for doing this… pic.twitter.com/dBWCRkCryf
— Animoca Brands (@animocabrands) October 28, 2025
Buying and staking AERO aligns with Animoca’s mission to generate value in open networks and support innovative protocols.
As noted in the post above, the company sees Aerodrome as a dominant player on Base. With more than 50% of the DEX total value locked (TVL) on the blockchain, Aerodrome has become the central liquidity hub for the ecosystem.
“Aerodrome is a key component in the engine behind Base’s DeFi growth and Coinbase is making it seamless for its CEX users to trade tokens which have liquidity on DEXs such as Aerodrome thus driving more value to Aerodrome voters. With sustainable tokenomics for $AERO and the team’s ability to execute, Aerodrome has proven its standing as a key player in Base infrastructure,” Animoca Brands posted on X.
The investment follows a pattern of institutional backing for Aerodrome, including previous acquisitions by entities like Coinbase Ventures and Wintermute Ventures.
Alexander Cutler, CEO of Dromos Labs and a core contributor to Aerodrome, lauded Animoca’s move. He noted that AERO’s value is accessible only through open market participation and active involvement.
Price outlook: AERO bulls eye breakout above $1
At the time of writing, AERO is up nearly 2% on the day and has extended the uptick to 10% in the past 24 hours.
Over the past week, AERO has climbed 26%. This sees it outperform the broader market gains and form an uptrend since touching lows of $0.70 on Oct. 17.
Currently, price hovers in a key range near $0.99 as bulls aim for a decisive breakout above the $1 psychological level.
If AERO strengthens above $1, it would allow bulls to target the next hurdles around $1.2 and then $1.34.
The RSI at 70 on the 4-hour chart nonetheless suggests gains will firmly push AERO into the overbought zone. However, the MACD points to strength for buyers as the signal line cuts above the zero line, suggesting bullish momentum.
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S&P verleiht Strategy B-Rating: „Junk Bond“ wegen Bitcoin (BTC)-Fokus
S&P Global Ratings erklärte, dass der starke Bitcoin-Fokus und die geringe US-Dollar-Liquidität von Strategy neben anderen Faktoren als Schwächen des Unternehmens gesehen werden.
Australia tightens crypto rules: check out all the details
- Crypto firms offering financial products must obtain an AFSL by 30 June.
- Bitcoin and NFTs are said to be excluded from the financial product category.
- The Treasury has finished consultations on new crypto legislation.
Australia has tightened its regulatory framework for digital assets, introducing updated guidelines that define how crypto service providers will be classified and licensed.
The Australian Securities and Investments Commission (ASIC) announced revisions to its Information Sheet 225.
Firms offering services tied to financial products will now need to apply for an Australian Financial Services License (AFSL) and join the Australian Financial Complaints Authority by June 30.
The updated document aims to streamline compliance requirements, strengthen investor protection, and bring digital asset providers under the same regulatory standards as traditional financial institutions.
This marks a significant shift in Australia’s approach to overseeing crypto-related businesses and ensuring greater market transparency.
The move aims to bring greater oversight to the rapidly evolving crypto industry while maintaining flexibility for tokens like Bitcoin, which will not be treated as financial products under the new guidance.
Bitcoin excluded, but stablecoins under scrutiny
Under the revised guidelines, ASIC clarified that cryptocurrencies such as Bitcoin, gaming non-fungible tokens (NFTs), and tokenised event tickets do not fall under the financial product category.
However, stablecoins, wrapped tokens, tokenised securities, and yield-bearing products like staking services and tokenised real estate will require licensing.
ASIC also confirmed in-principle regulatory relief for stablecoin and wrapped token distributors to help transition into compliance ahead of broader legislative reforms.
The updated framework outlines that services offering financial returns or lock-up periods will be classified as financial products, ensuring investors in yield-based assets are protected under existing finance laws.
Industry welcomes clarity but warns of implementation challenges
The update has been broadly welcomed across the blockchain sector for providing long-awaited clarity.
Industry groups and legal experts said the move provides visibility on ASIC’s approach to regulating the digital asset ecosystem.
However, they warned that the transition could create logistical hurdles due to limited local expertise, banking restrictions, and insurance access.
Blockchain APAC’s CEO noted that ASIC’s approach of implementing policy ahead of final legislation brings short-term certainty but also leaves room for interpretation.
These “structural bottlenecks,” including resource and compliance constraints, could shift risks from legal to operational levels if not addressed promptly.
Transition underway as crypto firms prepare for licensing
Industry players are now restructuring their operations to align with the new rules.
The Digital Economy Council of Australia called the update a significant step toward mainstream regulation but expressed concern about ASIC’s capacity to process a large volume of licensing applications in time.
The move follows the Albanese government’s proposal in March for a unified framework that places crypto exchanges under existing financial services laws.
The Treasury concluded consultations last week on draft legislation that would formalise this transition, further aligning Australia’s crypto oversight with global regulatory trends.
The update marks a turning point for Australia’s digital asset market, setting a roadmap for compliance while signalling the government’s intention to balance innovation with investor protection.
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