Schlagwort: crypto business

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Economist Timothy Peterson puts Bitcoin price forecast at $140,000 by end of this month

  • Timothy Peterson’s market simulation shows a 50% chance Bitcoin hits $140K in October.
  • Bitcoin recently hit $126K, needing a 14.7% rise to reach $140K.
  • Other analysts, however, note likely short-term pullbacks before potential sustained gains.

Economist Timothy Peterson has projected that Bitcoin could reach $140,000 before the end of October, citing data-driven simulations that indicate a 50% probability of the world’s largest cryptocurrency closing the month above that mark.

The analysis, grounded in more than a decade of Bitcoin’s historical price behaviour, suggests that half of the cryptocurrency’s potential October gains may already have occurred.

Data-driven prediction, not speculation

Peterson’s projection, shared on X on October 7, 2025, was based on “hundreds of simulations” using Bitcoin’s daily price data since 2015.

“There is a 50% chance Bitcoin finishes the month above $140K,” he wrote, adding that there is a 43% chance it could finish below $136,000.

According to Peterson, the forecast is purely statistical, not influenced by sentiment or subjective opinion.

He emphasised that the results were “based purely on real data, not human emotion or biased opinion,” designed to reflect Bitcoin’s historical volatility and cyclical rhythm.

At the time of his analysis, Bitcoin was trading at around $122,000, having cooled slightly after setting a new all-time high of $126,200 earlier in the week.

Reaching $140,000 would require a roughly 14.7% gain from current levels, a move that aligns closely with Bitcoin’s average October performance over the past decade.

Historical data from CoinGlass shows that October has been Bitcoin’s second-best month since 2013, typically delivering gains of about 20.75%.

October’s historical significance for Bitcoin

Peterson explained that “Bitcoin’s performance in October isn’t ‘set up’ by September, it’s set up throughout the entire year.”

The economist linked Bitcoin’s seasonal strength to broader financial patterns, such as the end of third-quarter portfolio rebalancing, the start of fiscal year planning, and the approach of year-end reporting windows for investment funds.

These factors, he suggested, create favourable conditions for renewed capital inflows into Bitcoin and other risk assets.

While Peterson’s model offers a probability-based outlook, he cautioned that markets do not always conform perfectly to historical patterns.

Bitcoin’s past behaviour has occasionally diverged from expectations even when data indicated high confidence levels.

Nonetheless, he maintains that the model provides a “clear, probability-based picture” of where Bitcoin’s value is most likely to move in the short term.

Market sentiment leans bullish

Peterson’s forecast comes as market sentiment around Bitcoin remains generally optimistic.

Crypto analysts such as Jelle and Matthew Hyland have echoed bullish outlooks in recent days, highlighting Bitcoin’s successful retest of previous highs and suggesting that momentum could push prices further upward.

Earlier this week, Jelle posted, “It’s definitely over for bears. Send it higher,” while Hyland noted that “the pressure is building.”

However, not all voices in the market are calling for an immediate surge.

Analyst Ardi, known for his technical commentary, pointed out that Bitcoin often experiences a short-term pullback of around 5% after hitting new all-time highs.

Such moves, Ardi said, are typically followed by a period of choppiness and consolidation—a pattern that could play out again before any sustained rally.

Technical outlook supports Bitcoin’s upward potential

Technical indicators also appear to support a bullish bias in the near term.

According to market analysis, Bitcoin’s key support level stands at $120,899, with immediate resistance at $124,148 and a higher target of $126,021.

The cryptocurrency is currently trading above all major exponential moving averages (10, 20, 50, 100, and 200-day EMAs), signalling strong upward momentum.

Projections are that Bitcoin could reach around $121,633 in the coming days, with longer-term forecasts setting ambitious price targets of $221,485 for 2025.

The post Economist Timothy Peterson puts Bitcoin price forecast at $140,000 by end of this month appeared first on CoinJournal.

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NYSE-listed CleanCore Solutions adds 710M Dogecoin to its treasury

  • CleanCore currently holds 710M DOGE worth about $174M after recent purchases.
  • The company targets 1B DOGE using a disciplined treasury strategy.
  • Partnership with Bitstamp by Robinhood ensures transparency and security.

CleanCore Solutions, Inc. (NYSE American: ZONE) has revealed that it has added over 710 million Dogecoin to its official corporate treasury.

The company’s growing digital asset reserve marks a significant step toward its ambitious target of holding 1 billion Dogecoin.

With this latest accumulation, CleanCore’s holdings are valued at approximately $173.9 million, based on Dogecoin’s current price of around $0.2455.

According to the company’s statement, the accumulation has been supported through a partnership with Bitstamp by Robinhood, which provides a regulated and transparent trading platform for the firm’s Dogecoin transactions.

A disciplined approach to its Dogecoin vision

CleanCore launched its official Dogecoin Treasury in early September, after raising about $175 million through a private placement.

The company has described its acquisition plan as disciplined and phased, focusing not only on growing its holdings but also on improving its market capitalisation relative to its net asset value (mNAV).

CEO Clayton Adams emphasised that CleanCore’s strategy aligns closely with the long-term vision of the Dogecoin Foundation and its corporate arm, House of Doge.

He said the firm’s approach “goes beyond a simple NAV play,” focusing instead on expanding Dogecoin’s utility and supporting broader adoption as a global digital asset.

And to execute its treasury strategy effectively, CleanCore has entered into a strategic alliance with Bitstamp USA, designating Bitstamp by Robinhood as its primary trading venue.

The partnership is designed to enhance transparency, safeguard token holdings, and ensure secure treasury operations.

CleanCore’s leadership believes these partnerships are key to building a sustainable and compliant framework for corporate digital asset management.

The company has also highlighted that friends, family, and House of Doge insiders hold a significant portion of its registered shares, which remain restricted or locked up.

In addition, CleanCore is working closely with the US Securities and Exchange Commission (SEC) to register the private placement shares while keeping a close eye on short interest in its stock.

Focusing on long-term value and responsible scaling

Despite recent market volatility, CleanCore has reaffirmed its commitment to scaling its treasury responsibly.

The company’s strategy focuses on transparency, resilience, and sustainable growth, aiming to strengthen shareholder value while maintaining financial flexibility.

CleanCore’s current holdings include more than $20 million in unrealised gains, and management says it retains enough liquidity to continue acquiring Dogecoin.

Industry analysts, however, remain divided on the importance of mNAV as a measure of a company’s health in the digital asset space.

Greg Cipolaro, global head of research at NYDIG, recently argued that mNAV overlooks firms with broader business operations beyond simply holding crypto assets.

Meanwhile, Standard Chartered has warned that smaller crypto treasury firms may face risks of overexposure, predicting possible consolidation in the sector if mNAV levels stay low.

Market reaction and outlook

Following the announcement, CleanCore’s stock closed Tuesday down 8.44% at $2.06, with a slight recovery in after-hours trading to $2.09.

While some investors appear cautious about the company’s exposure to digital assets, others view the Dogecoin treasury as a forward-looking step that could enhance long-term value if Dogecoin adoption continues to rise.

For Dogecoin (DOGE), the news has had little to no impact on its bearish market sentiment.

At press time, DOGE traded at $0.2461 on CoinMarketCap, down 5.32% over the last 24 hours and almost erasing all of last month’s gains.

The post NYSE-listed CleanCore Solutions adds 710M Dogecoin to its treasury appeared first on CoinJournal.

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XRP cedes 4th position to BNB. Will it recover soon? Check forecast

Key takeaway

  • Ripple’s XRP is down 4.6% in the last 24 hours and is now trading below $2.9.
  • It has lost its position in the market to BNB, with Binance’s native token now the third-largest crypto by market cap.

XRP dips below $2.9 as BNB overtakes it on the CMC list

XRP, the native coin of the Ripple ecosystem, has been underwhelming in recent days. It has been outperformed by BTC, ETH, BNB, and SOL over the past few days. The poor performance has seen it fail to overcome the $3.0 resistance level.

At press time, XRP is down 4.6% in the last 24 hours and is currently trading at $2.84 per coin. With a market cap of $170 billion, XRP has given up its position in the market to Binance’s BNB token. 

BNB has been rallying in recent weeks, hitting an all-time high of $1,336 on Tuesday. This allowed BNB to overtake XRP and Tether’s USDT to become the third-largest cryptocurrency by market cap, only behind Ether and Bitcoin. 

XRP could bounce back soon, with analysts expecting the coin to rally towards the $5 psychological mark before the end of the year.

XRP risks a decline to $2.71 if the bearish trend continues

The XRP/USD 4-hour chart remains bullish and efficient despite XRP’s recent poor performance. The coin experienced $22.3 million in futures liquidations over the past 24 hours, with long traders recording the biggest loss. 

The dip to $2.84 comes after XRP saw a rejection at the descending trendline resistance, which extends from July 21. The coin has now plunged below the convergence of the 50-day and 100-day Simple Moving Average (SMA).

XRP/USD 4H Chart
XRP/USD 4H Chart

If the bearish trend continues, XRP could dip towards the $2.71 support over the next few hours. The Relative Strength Index (RSI) of 44 means that sellers are currently in control, with the MACD lines also dropping into the negative territory. 

However, if the bulls recover and push XRP towards the $3.1 resistance level, they would need the support of the broader crypto market to target the August high of $3.38. Hitting that level could allow XRP to surpass its 2025 high of $3.66 in the medium term.

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Altcoins today: BNB tops $1,300 all-time high, CAKE extends rally, SOL eyes $250

  • Binance Coin has crossed $1,300 for the first time.
  • CAKE maintains its bullish strength after an over 70% weekly surge.
  • Solana eyes short-term surges to the key $250.

Cryptocurrencies displayed stability on Tuesday, with most tokens on the edge of potential breakouts.

Bitcoin trades above $124,500 as the crypto market cap increased by 0.6% the past 24 hours to $4.28 trillion.

Amidst the optimism, this article explores altcoins stealing the show with impressive price actions.

Binance Coin continues to lead the altseason with fresh all-time highs above $1,300 today, while CAKE soared 8% over the past day, extending weekly gains by roughly 70%.

Meanwhile, SOL targets near-term rallies to $250.

Let’s discover more!

Binance Coin sets new ATH above $1,300

Binance’s token hit fresh all-time highs today as it touched $1,325, marking one of the robust performances among top altcoins this month.

The milestone follows weeks of steady momentum fueled by revived investor confidence in the exchange and massive trading volumes.

BNB has surpassed XRP and USDT to rank as the third-largest digital token by value, with $179.93 billion market cap.

Confidence in Binance’s long-term goals has propelled the native token.

Founder Changpeng Zhao has always emphasized focus on building and holding, and the price milestone likely validates that policy.

Binance’s consistent ecosystem growth, massive community engagement, and strategic token burns have helped BNB outperform markets.

Traders are now targeting $1,500 as exchange volumes and on-chain activity indicate momentum for more price gains.

CAKE continues upward streak

PancakeSwap’s CAKE has displayed remarkable performance since turning bullish last week.

It hit the $4.20 target today after gaining more than 15% on its 24-hour timeframe.

The alt is changing hands at $4.21, with a 50% increase in daily trading volume confirming improving trader activity.

The current momentum comes after the DEX revealed CAKE-PAD on October 6, a feature designed for asset burns and utility.

The official announcement indicated:

CAKE.PAD is built with simplicity, inclusivity, and CAKE utility in mind. It’s designed to bring in more users and drive more CAKE usage and burning.

Meanwhile, the price performance has attracted attention as it reflects a resurgence in the broader DeFi space.

Moreover, some interpret it as traders rotating capital from large-cap tokens to undervalued decentralized finance projects.

DeFi assets are regaining traction after months of sideways movement, as investors seek lucrative yield opportunities ahead of possible Q4 rallies.

The momentum comes after PancakeSwap launched innovative user-friendly features and new liquidity incentives to enhance yield farming experiences.

CAKE buyers are targeting $6 to clear the path towards $10 before heading to $19 amid broad-based bull runs.

SOL eyes short-term surge

Solana has been among the hottest ecosystems of this cycle.

Memecoin activity, speed, low fees, and scalability have helped the blockchain maintain its status as a top project.

SOL has soared from around $150 in early August to cross $250 on September 18.

However, broader market weakness and profit-taking triggered reversals to late September lows of $190.

Solana recovered to press time’s $230.

It gained 10% the previous week and a little seems on its way to $250 again.

Meanwhile, institutional interest sets the stage for immense growth as experts forecast massive gains in the fourth quarter.

With analysts perceiving dips as opportunities to add more, the market remains poised for more uptrends.

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Dubai cracks down on unlicensed crypto firms as UAE reinforces global crypto hub status

  • Dubai’s VARA fines 19 crypto firms for operating without proper licenses.
  • Penalties range from AED 100,000 to AED 600,000 with immediate cease orders.
  • VARA and SCA’s partnership ensures unified rules across the country’s digital asset market.

The United Arab Emirates is reinforcing its position as a global crypto hub—but not without rules.

As the country’s virtual asset market expands, regulators are stepping up enforcement to protect investors and ensure transparency.

Dubai’s Virtual Assets Regulatory Authority (VARA) has taken decisive action against unlicensed operators, signalling that the city’s crypto ambitions are rooted in compliance, not chaos.

VARA fines 19 crypto firms for unlicensed activity

VARA recently fined 19 companies for conducting virtual asset activities without proper authorisation or in violation of its marketing regulations.

The penalties, which ranged from AED 100,000 to AED 600,000, were accompanied by cease-and-desist orders, requiring the firms to immediately halt all operations and promotional activities in Dubai.

The list of penalised companies included UAEC Digital Fintech FZCO, Morpheus Software Technology FZE (operating as FUZE), TON DLT Foundation, GLEEC DMCC, UEEX Technology, LBK Blockchain FZCO, Triple A Technologies, Hatom Labs, Hokk Finance, Mastercoin DMC, and A to Z Globe DMCC, among others.

VARA said these firms had breached regulatory obligations and failed to obtain the required licences for offering crypto-related services.

Each company was ordered to stop marketing unapproved crypto products and services to residents or entities within Dubai.

Dubai steps up enforcement to maintain market integrity

The crackdown marks one of VARA’s strongest enforcement actions since its inception, reinforcing Dubai’s message that virtual asset activities must align with its regulatory framework.

According to VARA, unlicensed operations pose serious financial, legal, and reputational risks—not only to investors but also to the stability of the wider digital asset ecosystem.

In previous cases, VARA had imposed similar penalties on entities found in breach of its licensing rules.

Morpheus Software Technology FZE (FUZE), for instance, was previously fined for anti-money laundering violations and governance failures.

The firm has since accepted the findings, submitted a remediation plan, and allowed VARA to appoint an independent compliance monitor to oversee corrective measures.

These actions demonstrate Dubai’s intention to foster a secure market that supports innovation without compromising investor protection.

UAE aims for unified crypto regulation

Earlier this year, the UAE’s Securities and Commodities Authority (SCA) and VARA signed a strategic partnership to harmonise regulatory frameworks across the country.

The collaboration seeks to eliminate gaps between federal and emirate-level rules, ensuring that all virtual asset service providers operate under consistent oversight.

This unified approach is part of the UAE’s broader effort to attract global crypto firms while maintaining strict standards for transparency and risk management.

The partnership between SCA and VARA also allows both regulators to share data, streamline licensing, and strengthen supervision of the fast-growing digital asset market.

Strong adoption drives regulatory evolution

While the UAE enforces tighter rules, it continues to see one of the highest rates of crypto adoption globally.

Experts recently ranked the UAE among the top countries for digital asset ownership, with 25.3 percent of its population holding cryptocurrencies.

That growth—fuelled by strong investor interest and government support—has turned the UAE into one of the most active markets in the world for blockchain and decentralised finance initiatives.

Between 2019 and 2025, crypto adoption in the UAE reportedly increased by more than 200 percent.

In global rankings, the country scored 99.7 on a composite crypto adoption index, just behind Singapore, which scored 100.

Such widespread adoption has made regulation more urgent.

Authorities are aware that unlicensed operations could undermine investor confidence, and VARA’s latest enforcement drive aims to set clear boundaries for firms entering the market.

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