Kategorie: Altcoin News

Altcoin news about alternative blockchains and its crypto ecosystems.

Veröffentlicht am

Dogecoin price crashes 11% as bears wipe $1.6B off the crypto market

  • Dogecoin’s price fell 11% to $0.23, with a trading range of $0.23–$0.26.
  • Despite an earlier accumulation of 4.9 billion DOGE by large holders in August, recent data shows a 6% reduction in holdings by wallets with 10 million to 100 million DOGE.
  • The launch of the first US Dogecoin ETF on September 12, 2025, failed to sustain bullish momentum.

As the cryptocurrency market faced turbulence on Monday, Dogecoin (DOGE) experienced a sharp decline of over 11% in its price.

This came as bearish sentiment drove a substantial sell-off, erasing over $1.7 billion in positions from the broader crypto market. Tokens such as Pi Network fell more than 20% in the past 24 hours.

Dogecoin price crashes

Dogecoin’s value dropped by 10%, dropping to $0.23. This decline followed a period of consolidation, with DOGE trading between $0.23 and $0.26.

DOGE’s price drop aligns with broader market weakness and analyst caution.

Despite holding around $0.23, the technical picture suggests bulls might have to defend levels below $0.20. Indeed, the $0.13 area and a potential 40% drop from current levels might be one to highlight.

DOGE price chart by CoinMarketCap

 

This bearish outlook is down to declining retail momentum.

Despite earlier optimism surrounding the launch of the first US Dogecoin ETF and significant whale accumulation of 4.9 billion DOGE in August, the current sell-off has overshadowed these bullish catalysts.

The Coin Days Destroyed indicator also signals potential further declines, as long-term holders have begun moving assets, a historically bearish sign.

DOGE price outlook as bears wipe $1.7 billion off crypto market

Bitcoin dropped to around $112k and the broader cryptocurrency market has not been spared.

Per Coinglass data, bears wiped out $1.7 billion in value as major cryptocurrencies like Ethereum and XRP struggle to maintain key psychological levels.

Dogecoin’s 11% drop within 24 hours to $0.23 contributed to the overall market downturn.

The sell-off has been made worse by weakening sentiment. Dogecoin’s futures open interest has dropped significantly as holders reduce their positions.

Data shows wallets holding 10 million to 100 million DOGE decreased their holdings by 6% in the past two months.

Despite some analysts viewing the current dip as a buying opportunity, the prevailing bearish trend suggests further volatility.

If bulls fail to bounce, Dogecoin will potentially revisit support levels at $0.22 and $0.20.

Investors might want to not only monitor technical indicators and market developments, but overall risk asset market outlook.

This means a look at the interplay of whale activity, macroeconomic factors, and ETF-driven optimism. The latter benefitted from the launch of the REX-Osprey DOGE ETF, with an upbeat uptake on debut.

However, Dogecoin’s initial reaction to the first US-listed DOGE ETF has waned. All eyes are on the upcoming deadlines for the SEC to approve or reject multiple proposals.

The post Dogecoin price crashes 11% as bears wipe $1.6B off the crypto market appeared first on CoinJournal.

Veröffentlicht am

Pi Network price forecast as crypto bloodbath sinks altcoins

  • Pi Network price fell more than 20% to $0.28, with an intraday low of $0.22.
  • Declines came amid a bloodbath across crypto, with Bitcoin falling to near $112k.
  • Over the coming weeks, the key levels to watch will be $0.28–$0.22 area.

Pi Network (PI) has crashed more than 20% in the past 24 hours as a major crypto downswing has top altcoins bleeding.

The PI token price now hovers around $0.28 after dropping below the key level of $0.30 amid Bitcoin’s sharp decline to near $112k.

Amid a sector-wide sell-off, is PI’s trajectory set for further pain? Or can bulls defend critical thresholds in the short term?

Pi Network nosedives 20% to key support

Pi Network’s PI token plummeted more than 20% on September 22, 2025, settling near $0.28 at the time of writing.

The altcoin’s price tested lows of $0.22, an all-time low for a cryptocurrency that spiked to highs of $1.24 in May and hit its all-time high near $3.00 in February 2025.

PI price chart by CoinMarketCap

Declines have propelled the PI token to a pivotal support zone around the $0.28–$0.30 zone.

This downside has come amid a sharp ascent in daily trading volume, a scenario that points to the frantic activity as bulls look to the dip and bears eye fresh lows.

Notably, Pi Network’s downturn mirrors a brutal market rout.

Most major coins were bleeding red as Bitcoin crashed to near $112,000, and the global crypto market saw over $1.7 billion in value wiped off in one of the steepest price dips in months.

Per Coinglass data, more than $1.7 billion was liquidated across the cryptocurrency market in 24 hours.

Most of this, about $1.61 billion, was in long positions and only $85.8 million in short positions.

Bitcoin and Ethereum saw $276 million and $483 million in 12-hour liquidations, respectively.

As Ethereum dropped to near $4,100, down more than 6% on the day, other altcoins followed suit.

Solana shed 8%, XRP nearly 7% and Dogecoin stumbled to near $0.23.

Despite broader optimism, macroeconomic jitters allowed for a bearish flip.

Analysts attribute the cascade of bloodbaths across leveraged positions to panic selling.

PI price forecast – short-term outlook

The market’s performance paints a likely short-term picture for Pi Network.

Notably, technical indicators signal potential for prolonged consolidation or mild recovery if support holds.

Over the coming weeks, the key levels to watch will be $0.28–$0.22 area, with subdued on-chain activity adding to this outlook.

However, a bullish reversal might emerge if top alts and Bitcoin see a notable spike and prices stabilise above key levels.

Recent ecosystem upgrades like token lock-ups for enhanced mining rewards and decentralised KYC are likely catalysts.

The flipside is that bears take control and push for the $0.20 region.

The post Pi Network price forecast as crypto bloodbath sinks altcoins appeared first on CoinJournal.

Veröffentlicht am

Crypto.com integrates Sei Network to strengthen security and institutional access

  • The exchange now supports Sei’s native token with compliant cold storage.
  • Institutions can securely manage SEI for ecosystem growth, treasury, and staking.
  • Accelerated institutional adoption will fuel Sei’s expansion.

Crypto.com has officially integrated Sei into its institutional custody network, offering businesses and merchants a secure option to manage and hold SEI assets.

The collaboration aims to enhance user trust and unlock new opportunities for validators, funds, and treasuries within the Sei blockchain.

Crypto.com Custody provides custody services to leading institutions and wealthy clients with state-of-the-art security.

It has now tapped into Sei’s capabilities.

Commenting on the latest development, Crypto.com’s COO and President, Aric Anziani, said:

Institutional custody is a critical foundation for scaling blockchain ecosystems. We’re pleased to support the Sei Network’s mission to power high-frequency, low-latency applications with secure infrastructure that meets the highest standards of compliance and operational integrity.

Such narratives reflect Crypto.com’s vision of becoming the backbone for compliant crypto infrastructure for platforms focused on finance and trading.

Why does it matter for Sei?

Sei has thrived since its 2023 mainnet launch to become a notable player in the L1 sector. It prioritizes on-chain finance and top-speed trading.

The SEI Network supports nearly 50 million wallets, handling billions of transactions.

Recently, the blockchain integrated PayPal’s stablecoin to promote crypto adoption in global finance.

That reflects increasing institutional interest in the Sei Network. The platform needs high-end security for smooth operations, especially amid thriving staking.

Messari highlighted that SEI stakers celebrated positive yield for the first time as the blockchain flourishes.

Crypto.com Custody guarantees security through its innovative tools.

The exchange offers compliant, institutional-grade cold storage for large-scale investors to manage SEI assets for treasury operations, ecosystem expansion, and validator incentives with minimized risks.

The L1’s team has welcomed Crypto.com’s action as a milestone for greater adoption.

The Sei Development Foundation director Justin Barlow said:

We’re thrilled to see another leading provider of institutional-grade custody solutions choose to support the Sei Network. Through Crypto.com Custody, institutional investors will have yet another tool to interact with Sei in a secure and regulated way.

Barlow’s comments echo prevailing trends of blockchain networks integrating with security and compliance frameworks to offer institutional-grade services.

Sei V3 Giga upgrade

Crypto.com’s integration comes as the network prepares for the V3 Giga upgrade, designed to deliver innovative scaling solutions for Ethereum-compatible apps.

The update positions Sei to democratize Web3, aiming for 200,000 transactions per second (TPS) and sub-400ms finality.

With secure custody, Sei can attract magnified liquidity from institutions and expand its validator set.

SEI price outlook

Sei Network’s native token mirrored prevailing broader declines.

It has lost nearly 4% in the past 24 hours to $0.3254.

Cryptocurrencies endured a bloodbath on Friday after losing steam following recent FOMC-driven gains.

However, analysts predict solid rebounds in the coming sessions and in “Uptober.”

Institutional use cases would support explosive growth for SEI upon broad market bull runs.

The post Crypto.com integrates Sei Network to strengthen security and institutional access appeared first on CoinJournal.

Veröffentlicht am

Immutable price: IMX surges 17% to outpace top altcoins

  • Immutable price soared 17% as bulls jumped to $0.96 amid gains for altcoins.
  • The IMX token has swung bullish after Immutable’s 2.9 million IMX token rewards.
  • Growth on web3 gaming and regulatory clarity are potential catalysts for IMX price.

Immutable (IMX) has surged 17% in the past 24 hours and more than 50% over the week as gains put IMX among the top performers on the day.

Gaming partnerships, enhanced token rewards, and favorable regulatory developments have all helped IMX price in recent weeks, and the token currently outpaces top altcoins.

Altcoin rally and Immutable’s 17% price gain

Immutable’s explosive growth is promoted by a series of high-profile partnerships that have strengthened its position in the web3 gaming sector.

A notable collaboration with South Korean gaming giant Netmarble, has expanded Immutable’s reach into mainstream gaming markets in addition to a recent integration with Chainers, a web3 MMO game, unveiled on September 16, 2025.

These partnerships, alongside earlier collaborations with Ubisoft and GameStop, have driven on-chain activity.

Notably, Messari’s Q1 2025 report noted a 5.7% quarter-on-quarter increase in daily transactions on the platform.

The merger of Immutable with Immutable’s zkEVM chain, forming the “Immutable Chain,” has further optimized scalability, attracting developers and players alike.

These developments have cemented Immutable’s reputation as a leading platform for NFT-based gaming, contributing significantly to IMX’s recent price surge.

The IMX token has shown resilience, rising to a rank of 90th among top cryptocurrencies after previously falling out of the top 100 earlier this year.

This uptrend provides a notable contrast to the broader crypto gaming sector, which has faced significant headwinds.

Numerous projects in the space have reportedly ceased operations due to funding challenges and unsustainable economic models.

IMX price gains amid rewards

Immutable’s mobilization is also driven by enhanced token rewards and positive regulatory shifts, with recently increased weekly IMX token rewards to approximately 2.9 million, boosting liquidity and incentivizing user participation.

A partnership with Seychelles-based MEXC exchange enables seamless token transfers to Immutable’s zkEVM chain, enhancing accessibility for investors.

Immutable co-founder Robbie Ferguson highlighted some of the milestones for IMX over the past year. He shared this via X.

Catalysts for IMX price?

Developments in regulatory front also helped IMX’s surge.

In March, the US Securities and Exchange Commission (SEC) concluded its probe into Immutable.

The move signaled a more favorable stance toward blockchain gaming.

Additionally, the SEC’s approval of generic listing standards for commodity-based trust shares has improved sentiment for altcoin ETFs, indirectly benefiting IMX.

Immutable price chart by CoinMarketCap

The token could break above the psychological level of $1 in coming weeks after it hit highs of $0.96, its highest mark since February.

While Immutable’s rally aligns with strong fundamentals related to web3 gaming, and broader market optimism, traders may derail the momentum over the past month.

Mainly, the corrections will be down to profit taking and a downturn for the market. In this case, $0.45 and $0.30 are key support zones.

The post Immutable price: IMX surges 17% to outpace top altcoins appeared first on CoinJournal.

Veröffentlicht am

ZRO price outlook as PayPal expands PYUSD to more chains via LayerZero

  • LayerZero and PayPal bring stablecoin PYUSD to nine new blockchains.
  • PayPal will use LayerZero’s Omnichain Fungible Token (OFT) standard to expand PYUSD to Aptos, Tron and other networks.
  • Bulls could target $3.20 next before an extended rally brings $7.14 into play.

PayPal is teaming up with LayerZero to expand its stablecoin PayPal USD (PYUSD) to an additional nine new networks, with this coming amid slight gains for LayerZero’s token ZRO.

As LayerZero helps PayPal enhance the interoperability and accessibility of PYUSD through Stargate Hydra and the permissionless token, PYUSD0, what does this mean for ZRO?

LayerZero and PayPal partner to expand PYUSD to 9 new chains

LayerZero, a leading interoperability protocol, has partnered with PayPal to expand the reach of PYUSD across multiple blockchain networks.

According to LayerZero’s blog post, this collaboration leverages LayerZero’s infrastructure to support real-world payments by combining it with PYUSD’s liquidity.

The stablecoin initially launched on Ethereum and later expanded to Solana and Arbitrum.

However, this expansion means it’s now available on nine more blockchain networks, including Tron, Avalanche, Aptos, Ink, Sei, and Stable.

This expansion is facilitated through Stargate Hydra, a bridging platform that utilises LayerZero’s Omnichain Fungible Token (OFT) standard, ensuring a permissionless and compliant token deployment from the outset.

PayPal is making the expansion through PYUSD0.

“As the stablecoin market continues its rapid growth beyond $270 billion, innovations like this are essential for creating the seamless, interoperable financial infrastructure that users and developers demand. By working together, we will enable PYUSD to reach new markets faster while maintaining compliance and composability from day one,” said David Weber, head of ecosystem at PayPal USD.

ZRO price outlook amid notable LayerZero integrations

The integration of LayerZero’s technology with major players like PayPal could help spark further interest in ZRO.

Already, recent developments, including the launch of Stargate Fast Swaps, have highlighted LayerZero’s ambition to dominate the cross-chain swap market.

The Fast Swaps feature, which offers sub-second quotes, guaranteed pricing, and single-second execution, is built in partnership with Aori and powered by LayerZero’s messaging capabilities.

LayerZero’s revenue generated from Fast Swaps will be channelled into ZRO buybacks, potentially impacting the token’s market dynamics.

As LayerZero continues to integrate with high-profile projects, the ZRO token’s value may benefit from increased utility and demand.

The token rose to nearly $2.10 following the news of PayPal USD integration, and although bulls have failed to hold onto the gains, the price remains nicely poised for an uptick.

Bulls could target $3.20 next before an extended rally brings $7.14 into play.

On the other hand, key levels to watch may include the March 2025 lows of $1.50.

The post ZRO price outlook as PayPal expands PYUSD to more chains via LayerZero appeared first on CoinJournal.