Kategorie: Altcoin News

Altcoin news about alternative blockchains and its crypto ecosystems.

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India’s telecom giant Reliance Jio taps Aptos to bring blockchain rewards to millions

  • Reliance Jio enters a new partnership to explore blockchain-based solutions.
  • The alliance with Aptos aims to introduce digital incentives to Jio’s over 500M users.
  • APT’s price struggles amid the broader bloodbath, down 5% the previous day.

India’s leading mobile network, Reliance Jio, has inked a strategic deal with Aptos Labs and Aptos Foundation as it makes an ambitious move into the world of Web3 and blockchain.

The Aptos team revealed the collaboration on X, which aims to bring blockchain-powered rewards to Jio’s over 500 million users.

The news has gained traction as it introduces new ways for customers to interact with the tech firm’s expanding digital ecosystem.

The official announcement reads:

Reliance Jio will leverage Aptos’ high-performance network to deliver blockchain-based rewards directly to users, building on Jio’s ongoing efforts to provide advanced technology to daily customer experiences.

Jio, after disrupting the Indian communication industry with affordable data plans and internet, seems ready to dive into the Web3 sector.

The latest collaboration with Aptos reflects the company’s commitment to grow beyond connectivity and cements its status in digital innovation.

Introducing blockchain rewards to the masses

The Jio-Aptos alliance focuses on exploring blockchain-based reward models that could change how Jio’s 500+ customers interact with its mobile products and services.

While details remain scarce, the duo could be working on a system that enables individuals to earn and redeem rewards through blockchain technology.

These incentives could include loyalty points, digital collectibles, or even APT tokens.

The goal is to bolster user participation in Jio’s expanding digital ecosystem through a strong sense of ownership.

Aptos’ role in this partnership

Aptos Labs, with support from the non-profit branch, Aptos Foundation, and the brains of ex-Meta engineers, focuses on creating a developer-friendly and scalable environment for blockchain innovations.

The L1 envisions a world where blockchain powers Web3 adoptions and decentralized applications (dApps) that solve real-world monetary problems.

Apto’s partnership with Reliance Jio is beyond a corporate alliance. It represents a real-world test of cryptos’ mass adoption.

Few blockchain projects have an opportunity to serve over half a billion users.

Thus, the success of Jio’s initiative could see more institutions leveraging blockchain to enhance user experience.

Aptos will offer the telecom giant technical support for its blockchain-based programs to accelerate Web3 adoption.

The APT team said:

With Aptos, Jio has the potential to pave the way for a more connected, accessible, and digitally empowered future for millions across India.

APT price outlook

Aptos’ native token exhibited a downward trajectory as the broader market bloodbath outweighed the partnership updates.

APT has lost nearly 5% of its value in the past 24 hours to trade at $3.50.

The 16% decline in daily trading volume confirms substantial selling pressure.

The altcoin mirrors the current market-wide slumps and will likely bounce back on improved sentiments across the cryptocurrency market.

Meanwhile, analysts predict short-term struggles before digital assets break out ahead of Q4 rallies.

The post India’s telecom giant Reliance Jio taps Aptos to bring blockchain rewards to millions appeared first on CoinJournal.

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Celestia price reclaims $1 after crash to $0.27: TIA forecast

  • Celestia’s TIA token surged back to $1 on October 14, 2025, following a steep decline to $0.27 on Oct. 10
  • Technical indicators however signal weakness amid recent bearish momentum.
  • Short-term forecasts predict TIA faces immediate resistance around $1.20 as bulls aim to strengthen the recovery from recent lows.

Celestia (TIA) price is back above $1 as bulls show resilience amid a volatile crypto market.

As the modular blockchain network’s native token seeks to continue higher, what’s the outlook in the short-term?

Notably, Celestia’s market recovery follows a significant crash that saw buyers hover at new all-time lows under $0.30 on October 10, 2025. Bittensor and a few other altcoins have nonetheless posted key gains.

Celestia price crashed to below $0.30

Celestia’s token declined sharply as Bitcoin dumped and altcoins nosedived last week, with TIA  hitting a new all-time low of $0.27.

The crash, driven by multiple structural and market-wide factors, threatened to undo a broader sentiment that had bulls in “Uptober” mood.

A broader crypto market dump, triggered by Bitcoin’s dip to below $105,000 on October 11, compounded the pressure on the token.

TIA breached key supports at $1.35 and $1.00 as it reached the $0.27 floor.

While the crash wiped out billions in value, Celestia’s bulls were able to rebound to around $0.93.

On Monday, an uptick saw them climb to $1.26 before retreating as macro jitters around US-China trade tensions pulled risk asset markets down. However, the token was looking to hold above $1.

TIA price prediction

TIA’s price trajectory appears cautiously optimistic, bolstered by technical rebounds and strategic initiatives.

Recently, the team shared an outlook for the modular blockchain, comparing its growth to the huge impact that Amazon Web Services had amid the explosive web2 growth.

“Celestia is still in its infancy, yet it is positioning itself to become the proxy for blockspace demand. After a period of disillusionment, growth continues to accelerate,” the team wrote.

Although the daily Relative Strength Index (RSI) stands at 39, it has flipped from the oversold territory below 30.

This signals exhaustion among sellers and a high probability of mean reversion, historically preceding notable bounces in TIA’s price – recently from $1.35 to highs of $2.28 in July 2025.

Celestia chart by TradingView

The Moving Average Convergence Divergence (MACD) also exhibits bearish momentum, but this looks to be weakening as the histogram narrows.

A bullish divergence hints at accumulating buy pressure that could help bulls.

Short-term forecasts are projecting a range of $2.27 to $3.40.

However, bulls must first strengthen above the immediate supply zone around $1.20, with hurdles at $1.54 and $1.90.

Bullish scenarios could see Celestia price target the $10-14 range in coming months.

The all-time high above $20 reached in February 2024 is also a legitimate target in the current cycle.

Failure to hold $1 though could allow bears to retest prices below $0.90.

The post Celestia price reclaims $1 after crash to $0.27: TIA forecast appeared first on CoinJournal.

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Bittensor price surges 12% as TAO defies market slump

  • Bittensor price continued higher despite the overall crypto market dump.
  • TAO was up by more than 12% amid catalysts such as Grayscale’s Bittensor Trust news.
  • Bulls could target $715 and then the psychological $1,000 mark.

Bittensor (TAO) has surged by more than 12% in the past 24 hours to rank among the top market performers today, with TAO trading to highs of $475 as it bucks the trend across most altcoins.

While the uptick came alongside a bounce for decentralized AI protocols, what else helped the Bittensor price up?

Why is Bittensor price up today?

TAO’s impressive gains align closely with the recent launch of a liquid staked TAO token, which enhances staking efficiency and liquidity within the Bittensor ecosystem.

Liquid staking allows users to earn rewards on their TAO holdings without locking assets, enabling participation in DeFi activities like lending or yield farming.

Platforms such as Tensorplex have facilitated this by bridging TAO to Ethereum and Base networks, issuing stTAO tokens that represent staked positions.

On October 13, 2025, the Tao. App announced the launch of Virtual TAO (VTAO), a new omnichain liquid staked TAO token powered by LayerZero.

Users can bridge vTAO from Bittensor to any Ethereum Virtual Machine-compatible chain.

The token is available across Base, Ethereum and Arbitrum and will soon go live on Solana.

Also catalysing TAO price gains is the momentum that followed Grayscale’s Bittensor-related news.

The company filed a Form 10 registration statement with the US Securities and Exchange Commission (SEC) for a Grayscale Bittensor Trust ($TAO) on October 12.

This filing marks the initial step toward converting the trust into a full SEC Reporting Company under Section 12(g) of the Securities Exchange Act of 1934.

TAO’s price has surged amid forecasts that the move could fast-track the potential launch of a Bittensor exchange-traded fund.

TAO price forecast

Despite the dip to lows of $224 on October 11 amid a crypto bloodbath, Bittensor’s price has received a boost with the above tailwinds.

After bouncing to highs of $475, TAO’s technical outlook points to potential upside continuation.

Key indicators on the daily chart, such as the Relative Strength Index (RSI) and Moving Average Convergence Divergence (MACD), give bulls an upper hand.

Bittensor TAO chart
TAO price chart by TradingView

While the daily RSI has climbed to 71, entering overbought territory, it’s not overextended.

This signals likely buying momentum and investor conviction, and TAO could climb further before pullback amid profit-taking.

Also, the Moving Average Convergence Divergence (MACD) recently executed a bullish crossover.

The histogram has expanded and signals more gains.

Short-term projections for TAO include a surge to a new year-to-date high above $500, with bulls likely to eye December 2024 peak above $715.

The $1,000 level is a major target for buyers.

However, risks such as broader market corrections could allow bears to test levels below the $300–$360 support zone.

$225 and then $180 are key levels.

The post Bittensor price surges 12% as TAO defies market slump appeared first on CoinJournal.

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Crypto wrap: BNB dips 10% as SOL tests $200; XRP ETFs updates

  • Binance Coin slides amid market pressure.
  • SOL rallied past $200 psychological mark today.
  • The Ripple community expects XRP ETC decisions between 18 and 25 October.

The cryptocurrency market took another hit on Tuesday as major altcoins plunged after Bitcoin dipped from $115,800 intraday high to $110,280.

Coinmarketcap data shows top digital assets suffered the most.

The CMC20 Index, which tracks the performance of the top twenty cryptocurrencies excluding wrapped versions and stablecoins, dipped by 5.95% in the past 24 hours.

On the other hand, the global crypto market capitalization lost 3.90% in that timeframe to $3.74 trillion.

In this article, we explore the latest developments associated with large-cap altcoins Binance Coin, Solana, and Ripple’s XRP.

BNB dominates trends with its wild price fluctuation, whereas the others gained traction after CME Group launched XRP and SOL options yesterday.

BNB leads the downside

Binance Coin was among the altcoins displaying resilience amidst the current broader market turmoil, even hitting an all-time high of $1,368 yesterday.

However, the digital coin turned bearish today after a substantial 10% dip on the daily timeframe.

BNB is hovering at $1,150, with a 27% dip in 24-hour trading volume signaling immense selling pressure.

The token witnessed profit-taking after the latest rally and negative sentiments, as analysts discovered that Binance could have orchestrated the October 10 flash crash.

The exchange’s systems froze during the market-wide slide, triggering forced liquidations.

Traders witnessed their portfolios drop to zero as they failed to exit to minimize losses.

These developments saw the crypto community shifting the blame from Trump’s 100% tariffs threat to China to Binance’s manipulation.

Nevertheless, BNB exhibits a bullish structure after soaring from $615 in June.

The token eyes further gains in Uptober as it holds above the $1,000 psychological zone.

Solana hits $200

SOL’s 24-hour chart shows a thriving token in an otherwise choppy market.

The digital coin soared to $210 daily peaks before cooling.

Solana is trading at $192, with a 12% uptick in daily trading volume reflecting renewed optimism.

Buyers are targeting a clean break above $200, which can shift SOL’s short-term trajectory to the upside.

Meanwhile, the support barrier at $180 remains crucial.

Holding above its can support breakouts past the resistance at $212.

That might support SOL gains to mid-September highs of $244.

On the other hand, failure to hold $180 might catalyze deeper slides to $165.

XRP ETF decision approaches

Ripple’s native token remains in the spotlight as the community awaits the SEC’s decision on pending ETF applications between 18 October and 25, 2025.

Multiple issuers, including Grayscale, 21Shares, Bitwise, and CoinShares, are bracing for key moments on their XRP exchange-traded funds filings.

An approval from the SEC would be a milestone for the digital assets.

XRP will experience magnified institutional exposure, one that could outperform ETF pioneers Bitcoin and Ethereum.

XRP trades at $2.46 after 15% and 4% in the past week and day.

The post Crypto wrap: BNB dips 10% as SOL tests $200; XRP ETFs updates appeared first on CoinJournal.

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CME Group launches CFTC-regulated Solana and XRP options

  • CME has added SOL and XRP to its crypto derivatives offerings.
  • The regulated products allow traders to choose between micro and standard contracts.
  • Contracts are “physically settled” into their corresponding futures.

The Chicago Mercantile Exchange Group has expanded its derivatives trading with Solana and XRP options.

The new products, approved and monitored by the US Commodity Futures Trading Commission, are open for trading today.

The team has confirmed:

CFT-regulated options on Solana and XRP are now live and trading today.

The CME Group’s expansion comes as institutional investors seek exposure to regulated cryptocurrencies beyond the leading Bitcoin and Ethereum.

Notably, CME was among the first trading platforms to launch Bitcoin futures in 2017, and Ethereum derivatives later.

The new options indicate the exchange’s growing confidence in blockchain and its role in the broader financial ecosystem.

Users now have more digital tokens to hedge or speculate on Solana and XRP prices.

That reflects the exchange’s dedication to bridging cryptocurrency and TradFi.

CME adds flexible trading options

The announcement clarified that the new XRP and Solana will be physically settled into their underlying futures.

That guarantees a streamlined connection between the current derivatives market and spot-like price actions.

Most importantly, CME Group allows traders to choose between micro contracts for retailers and standard contracts for institutional-level positions.

The derivatives trading platform has emphasized versatility and simplicity with its new options instruments.

Meanwhile, the flexible exposure encourages participation from multiple users.

Retail traders executing small sizes and funds managing complex portfolios can access the same compliant ecosystem.

Solana and XRP gain institutional confidence

The cryptocurrency community perceives CME’s latest addition as something beyond product expansion and as a strategic endorsement.

Solana and XRP are among the top large-cap altcoins and have gained traction due to their latest ETF developments.

While Solana continues to dominate DeFi and tokenization with its fast-paced blockchain, XRP establishes itself as a global payment token after years of legal scrutiny with the US SEC.

CME’s move reflects its confidence in Solana and XRP as stable assets for enterprise-grade derivatives markets.

The exchange’s reputation and CFTC’s oversight will boost confidence for institutional investors hesitant to explore cryptocurrencies using offshore platforms.

SOL and XRP price actions

Cryptocurrencies turned green today after last week’s historic dips.

SOL and XRP have gained more than 5% over the past 24 hours.

Solana is trading at $197 after bouncing back from the October 11 low of $174.

XRP has recovered from below $2 to $2.58 after rallying the past 24 hours.

Meanwhile, broader market sentiments will shape the duo’s trajectories.

XRP and SOL will extend their revivals to reclaim key levels amid continued market-wide recoveries.

On the other hand, continued bear dominance will mean dead-cat bounces.

However, analysts expect massive rebounds from cryptocurrencies this Uptober despite the latest bloodbath.

The post CME Group launches CFTC-regulated Solana and XRP options appeared first on CoinJournal.