updraftplus domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /home/aonyeani76/cryptocurrencypanther/wp-includes/functions.php on line 6170hustle domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /home/aonyeani76/cryptocurrencypanther/wp-includes/functions.php on line 6170wpforms-lite domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /home/aonyeani76/cryptocurrencypanther/wp-includes/functions.php on line 6170Bitcoin has failed to pick up any steam in recent months, and there has been fresh talk that the BTC price has found itself in a prolonged standoff. However, Galaxy Digital CEO Mike Novogratz feels a change in U.S. monetary policy is poised to alter Bitcoin’s story and debunk the skeptics. Ad Ad Galaxy CEO
The post Is Bitcoin Dead? Galaxy CEO Says Surprise Fed Factor Could Prove Critics Wrong appeared first on CoinGape.
]]>With the SpaceX IPO in focus, the crypto market is also making headlines, erasing some of its latest losses. Alongside the top altcoins, the price of Bitcoin (BTC) has also recorded strong gains and soared past the brief $64,000 mark for the first time this week. However, despite the gain, a recent report from Galaxy
The post Bitcoin Bottom is Far From Over, Galaxy Digital Sees BTC Dip to $30,000 appeared first on CoinGape.
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Ethereum is barely holding above the critical $3,000 level as the broader crypto market battles intense selling pressure. Fear remains elevated, liquidity is thinning, and investors are bracing for more volatility. Yet despite the drawdown, some analysts argue that this environment is beginning to look like a classic oversold setup, one that has historically offered strong accumulation opportunities for long-term players.
Adding to the intrigue, new data from Lookonchain reveals unusual on-chain activity involving a wallet potentially linked to SharpLink Gaming. The move has sparked intense speculation across the market, as large OTC transactions often signal strategic repositioning by institutional players rather than panic selling.
This activity stands out at a moment when Ethereum is testing major support levels and sentiment is overwhelmingly bearish. The fact that significant OTC flows are still occurring suggests that smart money is active beneath the surface—even as retail panic dominates public markets.
According to new data from Lookonchain, a wallet potentially linked to SharpLink Gaming (address 0x70Dd) has executed a series of large transactions that are drawing attention across the Ethereum market. Over the past two days, the wallet transferred 10,975 ETH, worth roughly $33.5 million, to a Galaxy Digital OTC wallet. Shortly after, it received 10 million USDC back from the same OTC address, raising questions about the nature of the move.
Lookonchain openly asks the question circulating among analysts: Is SharpLink Gaming selling ETH? While the transactions resemble a structured OTC sale—where large holders offload assets without impacting public order books—there is still no confirmation that the funds belong directly to the company. However, the timing of the transfer is notable. Ethereum is trading near a crucial support zone around $3,000, and liquidity across the market is tightening as panic-driven selling accelerates.
Large OTC flows like this often signal strategic repositioning rather than emotional selling, yet they can still shape market sentiment. If this was indeed a sale, it adds to the narrative of institutions reducing exposure during the correction. If it was simply a treasury reshuffle, the impact may be far less bearish than it appears. For now, the market is watching closely.
Ethereum is hovering just above the critical $3,000 support zone, a level that has become the battleground between buyers trying to defend the trend and sellers pressing for deeper downside. The daily chart shows a clear and persistent downtrend that began after ETH failed to reclaim the $4,000 region in late October. Since then, lower highs and lower lows have defined price action, with ETH unable to break above the 50-day moving average — a sign of weakening momentum.
The 100-day and 200-day moving averages are also trending downward, reinforcing bearish market structure. Price is currently sitting below all major moving averages, often a precursor to extended corrective phases in past cycles. However, the $3,000–$2,950 range has acted as a strong demand zone multiple times throughout the year, and buyers are once again attempting to defend it.
The candles show long lower wicks forming around this level, suggesting that some dip buyers are stepping in, though conviction remains limited. If ETH loses $3,000 decisively, the next notable support sits around $2,750–$2,800. On the flip side, reclaiming the 50-day MA near $3,400 would be the first sign of a potential momentum shift after weeks of selling.
Featured image from ChatGPT, chart from TradingView.com
Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.
Strive, the Bitcoin treasury and asset management firm founded by Vivek Ramaswamy, has announced a fresh $162 million BTC purchase. This followed the oversubscribed listing of its SATA preferred stock on Nasdaq. Strive’s IPO Powers Bitcoin Expansion According to post on the firm’s X channel, the acquisition of 1,567 BTC was at an average price
The post Vivek Ramaswamy’s Strive Acquires $162M in Bitcoin, Surpasses Galaxy Digital in BTC Holdings appeared first on CoinGape.
]]>Opeyemi is a proficient writer and enthusiast in the exciting and unique cryptocurrency realm. While the digital asset industry was not his first choice, he has remained absolutely drawn since making a foray into the space over two years. Now, Opeyemi takes pride in creating unique pieces unraveling the complexities of blockchain technology and sharing insights on the latest trends in the world of cryptocurrencies.
Opeyemi savors his attraction to the crypto market, which explains why he spends the better parts of his day looking through different price charts. “Looking” is a rather simple way to describe analyzing and interpreting various price patterns and chart formations. However, it appears that is not Opeyemi’s favorite part – in fact, far from it.
Being able to connect what happens on a price chart to on-chain movements and blockchain activities is what keeps Opeyemi ticking. “This emphasizes the intricacies of blockchain technology and the cryptocurrency market,” he would say. Most importantly, Opeyemi thinks of any market insights as the gospel, while recognizing that he is only a messenger.
When he is not clicking away at his keyboard, Opeyemi is most definitely listening to music, playing games, reading a book, or scrolling through X. He likes to think he is not loyal to a particular genre of music, which can be true on many days. However, the fast-rising Afrobeats genre is a staple in Opeyemi’s Spotify Daily Mix.
Meanwhile, Opeyemi is a voracious reader who enjoys a wide category of books – ranging from science fiction, fantasy, and historical, to even romance. He believes that authors like George R. R. Martin and J. K.
Rowling are the greatest of all time when it comes to putting pen to paper. Opeyemi believes his reading of the Harry Potter series twice is proof of that.
Indeed, Opeyemi enjoys spending most of his time within the four walls of his home. However, he also sometimes finds solace in the company of his friends at a bar, a restaurant, or even on a stroll. In essence, Opeyemi’s ambivert (haha! been searching for an opportunity to use the word to describe myself) nature makes him a social chameleon who is able to quickly adapt to different settings.
Opeyemi recognizes the need to constantly develop oneself in order to stay afloat in a competitive and ever-evolving market like crypto. For this reason, he is always in learning mode, ready to pick up the slightest lesson from every situation. Opeyemi is efficient and likes to deliver all that is required of him in time – he believes that “whatever is worth doing at all is worth doing well.” Hence, you will always find him striving to be better.
Ultimately, Opeyemi is a good writer and an even better person who is trying to shed light on an exciting world phenomenon – cryptocurrency. He goes to bed every day with a smile of satisfaction on his face, knowing that he has done his bit of the holy assignment – spreading the crypto gospel to the rest of the world.
Galaxy Digital’s CEO believes that the appointment of the next Fed chair could trigger Bitcoin to new heights. He further projected BTC could hit the $200,000 mark in this bull cycle. Fed Chair Nominee Could Define Bitcoin’s Next Big Rally In a recent interview with Kyle Chasse, Galaxy Digital CEO Mike Novogratz said the choice
The post Galaxy Digital CEO Calls Next Fed Chair Bitcoin’s Bull Catalyst, Sets $200K BTC Target appeared first on CoinGape.
]]>Blockchain analytics platform Lookonchain has identified the massive transfer of Solana
SOL
$196.6
24h volatility:
2.1%
Market cap:
$106.77 B
Vol. 24h:
$11.53 B
from Galaxy Digital to Coinbase. To back its claims on X, the protocol shared an Arkham Intelligence link to the transaction. The sudden offload has sparked concerns amongst crypto enthusiasts, with many wondering if the firm is dumping its SOL holdings.
Arkham Intelligence shared details of the transaction, noting that the transfer was conducted about 5 hours ago. Galaxy Digital transferred 200,000 SOL, valued at approximately $39.1 million at the time, to American cryptocurrency exchange Coinbase. This comes barely ten days after this same company scooped 1.2 million SOL, worth about $306 million.
A wallet related to Galaxy Digital deposited 200K SOL($39.1M) to #Coinbase 4 hours ago.https://t.co/IlmIN5BG6y pic.twitter.com/L0KLNj0FXH
— Lookonchain (@lookonchain) September 26, 2025
Following the offload, Solana’s price has recorded a significant decline and is currently trading at $193.18, according to CoinMarketCap data.
This current price action is a result of a 4.49% dip over the last 24 hours. The transfer likely fuelled the drop in SOL price, considering that the coin was performing better than its peers in recent weeks. The fall began the previous day, with long traders’ liquidations, causing SOL to trade at a 23-day low of $197.65 on Coinbase.
Analysts and market watchers were already beginning to talk about $300 as the next price target for the digital asset. These entities were certain that the odds were finally aligning for the top cryptocurrency. An example of these offs is the growing institutional adoption of the coin, shown in treasury reserve moves for Solana.
A few days ago, Fitell Corporation (NASDAQ: FTEL), a fitness equipment retailer, launched its Solana treasury reserve. The company is kickstarting this new venture with an initial investment of $10 million, but it has secured a financing facility of up to $100 million.
Notably, with the Solana price downturn, backers like Forward Industries are reeling in huge losses at the moment.
These price fluctuations may not exactly be the case with SUBBD, which has its public sale already ranked as one of the best crypto presales of 2025.
SUBBD boasts a fanbase of more than 250 million individuals. This actively showcases its prospects for massive growth. Moreover, these users are drawn to the perks associated with holding the token. This includes tools, rewards, and decision-making power. Early backers are eligible for staking rewards of up to 20%.
Current Presale Stats:
Current Price: $0.056525
Amount Raised So Far: $1,207,260.13
Ticker: SUBBD
To participate in the presale of the next crypto to explode, interested entities can either complete a purchase using their credit or debit cards or via cryptocurrency assets.
Disclaimer: Coinspeaker is committed to providing unbiased and transparent reporting. This article aims to deliver accurate and timely information but should not be taken as financial or investment advice. Since market conditions can change rapidly, we encourage you to verify information on your own and consult with a professional before making any decisions based on this content.
Benjamin Godfrey is a blockchain enthusiast and journalist who relishes writing about the real life applications of blockchain technology and innovations to drive general acceptance and worldwide integration of the emerging technology. His desire to educate people about cryptocurrencies inspires his contributions to renowned blockchain media and sites.
Ethereum continues to show remarkable resilience, with demand leaving its mark even as price action remains sideways. ETH has been consolidating in a narrow range, mirroring the broader market where Bitcoin trades cautiously and altcoins display selective strength. Yet behind the scenes, institutional interest in Ethereum is quietly building, setting the stage for what could be the next major move.
According to fresh data from Lookonchain, SharpLink recently transferred $379 million USDC to Galaxy Digital, capital that may be allocated toward purchasing more ETH. This transfer underscores a growing trend: institutional players are not shying away from Ethereum, even amid volatility and macroeconomic uncertainty. Instead, they are positioning themselves for what could be a decisive breakout once the current consolidation phase resolves.
SharpLink Gaming is among the first Nasdaq-listed companies to design a treasury strategy centered on ETH, marking a significant milestone in corporate adoption. By treating Ethereum as a strategic reserve asset, it reinforces the idea that ETH’s role extends well beyond speculative trading into long-term institutional portfolios.
Related Reading: Bitcoin Mining Difficulty Keeps Rising Despite Price Volatility – Details
With consolidation tightening and institutional inflows accelerating, the coming weeks may prove critical. Many investors expect a massive surge for Ethereum once the current sideways structure breaks, potentially marking the start of its next major rally.
SharpLink has officially announced that its total Ethereum holdings climbed to 837,200 ETH as of August 31, 2025, solidifying its role as one of the largest corporate holders of the asset. The company continues to pursue its ETH-focused treasury strategy aggressively, with notable activity reported in the week ending August 31.
During that week, SharpLink purchased an additional 39,008 ETH, bringing its cumulative balance to new heights. These acquisitions were financed through $46.6 million in net proceeds raised via the company’s at-the-market (ATM) facility, demonstrating its ongoing ability to secure fresh capital for strategic allocations. Importantly, the average purchase price for the week’s ETH acquisitions stood at $4,531, reflecting the company’s confidence in buying at elevated levels as Ethereum consolidates near all-time highs.
This accumulation has elevated SharpLink to the position of the second-largest ETH treasury holding company, trailing only BitMine. BitMine currently holds more than 2 million ETH, valued at approximately $9.2 billion. Together, these treasury allocations highlight how major institutions are increasingly adopting Ethereum not only as a speculative asset but also as a long-term strategic reserve.
By expanding its ETH holdings so aggressively, SharpLink is sending a clear signal to the market: Ethereum’s role in corporate treasuries is no longer theoretical. As adoption grows, such moves could prove pivotal in reinforcing ETH’s status as a core asset in the global digital economy.
Ethereum is trading at $4,436, showing a 2% daily gain as the price begins to emerge from a prolonged consolidation phase. The 12-hour chart highlights that ETH has been moving sideways for much of September, holding firmly above $4,200 support. Now, momentum appears to be picking up as the price tests resistance around $4,450.
The 50 SMA at $4,407 is now acting as immediate support, while the 100 SMA at $4,182 provides a stronger cushion below. The 200 SMA, sitting at $3,460, remains well beneath the current range, confirming that ETH’s broader bullish structure is intact. As long as Ethereum maintains levels above $4,200, the technical setup favors continuation to the upside.
For bulls, the next critical test lies in reclaiming $4,600, a level that has repeatedly capped rallies in recent weeks. A decisive breakout above this resistance would set the stage for ETH to retest the $4,800–$5,000 zone, potentially marking the start of a stronger bullish leg.
Featured image from Dall-E, chart from TradingView
Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.