Shares of crypto miners rallied on Friday, with Bitfarms, Cipher Mining and Hut 8 extending gains after trading company Jane Street disclosed sizable positions in all three Bitcoin mining companies.
Filings submitted to the US Securities and Exchange Commission on Thursday show that Jane Street’s trading affiliates own roughly 5.4% of Bitfarms, 5% of Cipher Mining and 5% of Hut 8, representing passive trading positions rather than activist holdings.
Following the news, the stocks rallied 8% to 13% on Thursday, and continued to make gains on Friday.
At market close on Friday, Bitfarms (BITF) was up 10.68%, Cipher Mining (CIFR) 19.73% and Hut 8 (HUT) around 17.27%, according to data from Yahoo Finance.
Other Bitcoin mining stocks also posted gains on Friday, including American Bitcoin Corp., (+11.29%), IREN Limited (+12.60%) and Hive Digital Technologies (+17.77%).
Jane Street, a leading proprietary trading and market-making firm active in equities and digital assets, first disclosed exposure to Bitcoin miners in 2023 through its investment in Marathon Digital (MARA) holdings.
The disclosure from Jane Street comes after Google announced it had acquired a 5.4% stake in Cipher Mining on Sept. 25.
Bitcoin mining, the process of using specialized computers to solve complex mathematical problems to verify transactions and introduce new Bitcoin into circulation, is pivotal to keeping the network operational and secure.
While solo Bitcoin miners occasionally get lucky and mine a block, the industry has become increasingly dominated by Bitcoin mining companies, most of whom have seen significant growth in 2025.
Over the past year, many Bitcoin mining companies have outpaced Bitcoin itself.
According to data from Yahoo Finance, Bitfarms has increased nearly 131%, and Hut 8 has risen around 211% over the past 12 months. At the time of writing, Bitcoin is up about 73% over a one-year period.
Bitcoin’s relief rally is facing selling near $112,000, signaling that the bears have not given up.
Buyers have defended the support levels in select major altcoins, but unless they push the price above the overhead resistance, the selling is likely to resume.
Bitcoin (BTC) is attempting a comeback, but the bears are selling the recovery near $112,000. Bitfinex analysts said in a report that the 18.1% peak-to-trough drawdown in October is “consistent with prior cycle-high retests since 2023,” indicating consolidation rather than a trend reversal.
Galaxy Digital CEO Mike Novogratz said in an interview with CNBC that BTC “should hold” around $100,000. He expects BTC to remain within a range of $100,000 to $125,000 and for the price to accelerate only after it breaks above this range.
Some analysts expect BTC to break below the $107,000 support level, but they do not anticipate a significant decline. LVRG Research director Nick Ruck told Cointelegraph that BTC could witness a healthy market correction to $104,000, but the strong fundamentals and robust institutional interest point to the resumption of the bull market.
What are the critical resistance levels to watch out for in BTC and the major altcoins? Let’s analyze the charts of the top 10 cryptocurrencies to find out.
Bitcoin price prediction
BTC rebounded off the $107,000 level on Thursday, indicating that the bulls continue to defend the level vigorously.
Buyers will have to push the price above the moving averages to signal a comeback. The BTC/USDT pair could then attempt a rally to the all-time high of $126,199.
The $107,000 support remains the key level to watch out for on the downside. Sellers will have to pull and maintain the price below $107,000 to complete the double-top pattern. If that happens, the Bitcoin price could start a deeper correction to $100,000 and thereafter to the pattern target of $87,801.
Ether price prediction
Ether (ETH) turned up from the support line of the descending channel pattern on Wednesday, but the recovery is facing selling at the 20-day EMA ($4,023).
The bears will try to capitalize on their advantage by pulling the Ether price below the support line. If they manage to do that, the ETH/USDT pair could start a downward move to $3,435 and then $3,350.
On the contrary, a break above the 20-day EMA suggests that the bears are losing their grip. The price could then rise to the 50-day SMA, signaling that the pair may continue to oscillate inside the channel for some more time.
BNB price prediction
BNB (BNB) bounced off the 50-day SMA ($1,051) on Wednesday, but the relief rally is facing selling near the 38.2% Fibonacci retracement level of $1,156.
If the price maintains below the 20-day EMA ($1,120), the bears will again attempt to sink the BNB/USDT pair below the 50-day SMA. If they succeed, the BNB price may witness a deeper correction to $1,021 and then $1,000.
Buyers will have to push the price above the $1,156 resistance to suggest that the corrective phase may be over. The pair could then ascend to the 61.8% retracement level of $1,239.
XRP price prediction
XRP (XRP) has reached the 20-day EMA ($2.52), where the bears are expected to mount a strong defense.
If the XRP price turns down sharply from the 20-day EMA, it suggests that the sentiment remains negative and the bears are selling on rallies. That could keep the price stuck inside the descending channel for a few more days.
Alternatively, if the price closes above the 20-day EMA, it shows that the selling pressure is reducing. The XRP/USDT pair could rise to the breakdown level of $2.69 and later to the downtrend line.
Solana price prediction
Solana (SOL) has reached the 20-day EMA ($196), which is a critical near-term level to watch out for.
If buyers thrust the price above the 20-day EMA, the SOL/USDT pair could climb to the resistance line. Sellers are expected to defend the resistance line with all their might, as a break above it tilts the advantage in favor of the buyers. The Solana price could then surge to $238 and eventually to $260.
Contrarily, if the price turns down sharply from the 20-day EMA, the bears will attempt to pull the pair to the support line.
Dogecoin price prediction
Dogecoin (DOGE) remains stuck below the $0.21 level, but the bears have failed to sustain the price below $0.18.
The bulls will attempt to make a comeback by pushing the price above $0.21. If they manage to do that, the DOGE/USDT pair could rally to the 50-day SMA ($0.23) and subsequently to the stiff overhead resistance at $0.29.
Sellers are likely to have other plans. They will try to halt the relief rally at the 20-day EMA and pull the pair below the $0.18 support. If that happens, the Dogecoin price could drop to $0.16 and then to $0.14.
Cardano price prediction
Cardano (ADA) turned up from the $0.60 level on Wednesday, indicating that the bulls are aggressively defending the level.
The 20-day EMA ($0.69) is the critical level to watch out for on the upside. If the price turns down sharply from the 20-day EMA, the possibility of a break below $0.60 increases. The Cardano price may then slump to $0.50.
Alternatively, if buyers drive the price above the 20-day EMA, the ADA/USDT pair could rally to the 50-day SMA ($0.79) and later to the downtrend line. Buyers will have to thrust the price above the downtrend line to signal a potential trend change.
Buyers are trying to strengthen their position by pushing the Hyperliquid price above the 20-day EMA ($40.02). If they can pull it off, the HYPE/USDT pair could rally to the 50-day SMA ($46.18).
On the other hand, if the price turns down from the current level, it signals that the bears are selling on rallies. The next leg of the downtrend to $30.50 could begin after sellers pull the pair below the $35.50 support.
Chainlink price prediction
Chainlink (LINK) rebounded off the support line on Wednesday, signaling that the bulls are trying to keep the price inside the descending channel pattern.
The relief rally is expected to face selling at the 20-day EMA ($18.73). If the price turns down sharply from the 20-day EMA, the bears will again attempt to pull the LINK/USDT pair to the $15.43 support.
Conversely, a break and close above the 20-day EMA opens the doors for a rally to the resistance line of the channel. Sellers are expected to defend the resistance line, but if buyers bulldoze their way through, the Chainlink price could rally to $23.73 and subsequently to $25.64.
Stellar price prediction
Stellar (XLM) is trying to start a recovery, which is expected to face selling at the 20-day EMA ($0.33).
If the price turns down from the 20-day EMA ($0.33), the bears will again attempt to sink the XLM/USDT pair below the $0.29 support. If they can pull it off, the Stellar price could descend to $0.25.
Contrary to this assumption, if the price turns up and breaks above the 20-day EMA, it signals that the selling pressure is reducing. The bulls will be back in the driver’s seat after they propel the price above the downtrend line.
This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.
Since 2024, spot ETF inflows and outflows have been the strongest driver of Bitcoin’s green and red days.
With exchange balances near multi-year lows, any sizable order travels farther through the book.
Large holders often split trades or use OTC desks, muting visible “wallet-moved” shocks.
Funding rates, open interest, the dollar and yields often shape the day’s direction more than any single wallet.
Everyone “knows” whales move Bitcoin (BTC), and they can still jolt prices.
Since spot exchange-traded funds (ETFs) arrived, Bitcoin’s direction often hinges on ETF inflows and outflows. It also depends on how much tradable supply actually sits on exchanges, not on any single wallet’s whim. BlackRock’s iShares Bitcoin Trust ETF (IBIT), for instance, now holds more than 800,000 BTC on behalf of thousands of investors. Flows through that pipe can rival any one holder.
Layer in derivatives positioning and the broader risk-on/risk-off mood, and you get the real picture.
This guide cuts through the whale lore, explains the market mechanics that actually matter and gives you a quick data checklist to read the tape without chasing every viral “whale just moved” alert.
What counts as a “whale?”
In crypto, a whale refers to an onchain entity holding at least 1,000 BTC. Many dashboards specifically track the 1,000 BTC-5,000 BTC range.
An entity is a cluster of addresses controlled by the same owner, not a single wallet. Analytics firms group addresses using heuristics such as co-spends and change detection to ensure one holder isn’t counted multiple times across separate deposits.
That distinction matters because raw “rich list” address counts can exaggerate concentration. Large services such as exchanges, ETF custodians and payment processors operate thousands of wallets, and labeled clusters help separate those from end investors. Both academic and industry research have long cautioned against drawing conclusions from address data alone.
Methodologies differ. Some whale metrics include service entities such as exchanges, ETF or custody pools and corporations. Others exclude known exchange and miner clusters to focus on true investor whales.
In this guide, we use an entity-based convention of ≥1,000 BTC and clearly note where service wallets are included or excluded so you know exactly what each metric represents.
Did you know? The number of entities holding at least 1,000 BTC recently topped 1,670, the highest level since early 2021.
How concentrated is BTC today, and who holds it?
Since US spot ETFs launched, a large share of visible Bitcoin supply has shifted into custodial pools. BlackRock’s IBIT alone holds roughly 800,000 BTC, making it the largest known holder. However, it’s held in custody on behalf of many investors, not as a single balance.
Across issuers, US spot ETFs collectively hold about 1.66 million BTC, roughly 6.4% of the total 21 million supply. This centralizes execution even though underlying ownership remains widely distributed.
Corporations are another major group. MicroStrategy recently disclosed holdings of about 640,000 BTC. Miners, exchanges and unlabeled long-term holders make up the rest of the largest clusters.
Meanwhile, the tradable float on centralized exchanges continues to shrink. Glassnode’s tracked balances fell to a six-year low of about 2.83 million BTC in early October 2025. With fewer coins on exchanges, large orders tend to move prices more.
Bear in mind that “top address” rich lists often overstate concentration because major services operate thousands of wallets. Entity-level clustering and labeled wallets, such as those belonging to ETFs, exchanges and corporations, offer a clearer picture of who actually controls the coins.
Did you know? US spot ETFs now custody over 1.6 million BTC, representing just above 6% of the total supply held by institutions and funds.
Can whales flip the market intraday?
Big, aggressive orders can move prices sharply, especially when order-book depth thins out. During volatile periods, liquidity often disappears, and large sell blocks can punch through the book with outsized impact. That’s basic market microstructure.
Because of this, many large holders avoid “hitting the book.” They split their orders or use over-the-counter (OTC) desks to execute blocks quietly, reducing both their footprint and information leakage. In practice, a significant share of whale activity occurs off-exchange, which reduces the visible impact from any single wallet on public venues.
Across cycles, whales don’t always “pump.” Studies combining exchange and onchain data show that large holders often sell into strength, particularly when smaller traders are buying. Their flows can temper rallies rather than lead them.
A 2025 snapshot fits this pattern: As prices pushed above $120,000 alongside strong ETF inflows and broad accumulation, “mega-whales” took profits at the margin. Intraday direction often tracked ETF flows and available liquidity more than any one whale wallet.
Did you know? One well-known “OG” whale recently sold thousands of BTC to purchase nearly $4 billion in Ether (ETH).
What really turns markets green or red on most days?
Since January 2024, spot ETF flows have become one of Bitcoin’s most reliable daily signals. Strong weekly inflows have often coincided with pushes to new highs, while softer or negative prints tend to align with down days. Pair this with a live flow dashboard to track how US ETFs are leaning each session.
Liquidity on exchanges matters just as much. With balances on centralized exchanges down to about 2.83 million BTC, a six-year low, there’s now less readily tradable supply. Thinner liquidity means even routine buy or sell programs cut deeper into the order book, amplifying price swings across all participant types.
Positioning and leverage often drive intraday swings. When funding turns rich or deeply negative and open interest (OI) rebuilds after a wipeout, the path of least resistance can shift quickly.
Keep monitoring funding and OI to gauge crowding. Recently, with roughly 97% of supply in profit and a slight easing in long-term holder distribution, markets have become more sensitive to fresh flows and headlines.
Finally, macro still drives crypto beta. Dollar trends, US yields and broader risk appetite often move in step with Bitcoin’s daily direction. On quieter data days, ranges tend to compress; when macro heats up, crypto usually follows.
Quick checklist
ETF flows: Track yesterday’s net inflows/outflows and total turnover.
Liquidity: Watch exchange balance trends and order book depth across major venues.
Positioning: Review funding-rate heatmaps and OI rebuilds after liquidations.
Macro tape: Monitor the dollar index, 10-year yield and equity-market breadth.
Do whales still set Bitcoin’s tone for the day?
Whales can move prices, but they rarely decide how the day ends. When liquidity thins, a single large order can push a move further than usual. Most large holders now split trades into smaller clips or route them through OTC desks, softening the impact seen on public books.
Since 2024, spot ETF flows have been the main force behind daily direction, alongside the heavy trading volumes passing through those funds. Watching the previous day’s net flows and turnover gives a clearer sense of that bias.
With tradable supply on exchanges sitting near multi-year lows, even a marginal buyer or seller — whether a whale, market maker or retail wave — can move prices further than normal. Larger holders often sell into strength rather than “pump,” a pattern that tends to cap rallies instead of fueling them.
Macro factors still drive much of the action. Shifts in the dollar and US yields influence risk appetite, pulling Bitcoin in the same direction.
This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.
Kadena’s abrupt shutdown leaves the crypto world in shock. Explore the reasons behind the collapse, investor panic, and the token’s dramatic fall.
The abrupt collapse of Kadena, a blockchain engineered by former Wall Street professionals, has sent shockwaves through the cryptocurrency community. Once hailed as a potential rival to Bitcoin, Kadena’s sudden shutdown has left investors and industry experts questioning what went wrong. According to CoinMarketCap, the blockchain cited unsustainable market conditions as the primary reason for ceasing operations.
The Day Kadena Went Dark
On October 23, 2025, Kadena, which was once valued in the billions, unexpectedly announced its closure. This decision triggered a chain reaction in the cryptocurrency markets, with the Kadena token (KDA) plummeting over 75% in value within mere hours. The rapid depreciation led to the token’s delisting from several major exchanges, causing further panic among investors.
Allegations and Uncertainty
In the wake of Kadena’s collapse, allegations of insider trading and misconduct have surfaced, although no concrete evidence has been presented to substantiate these claims. The allegations have added to the uncertainty surrounding the future of the network, which continues to operate under community control. However, the absence of formal leadership and financial backing has cast doubt on its long-term viability.
Community’s Role in Kadena’s Future
Despite the turmoil, the Kadena network persists, maintained by its community. The blockchain’s future, however, remains uncertain without a clear direction or funding. The community’s ability to sustain operations and instill confidence among users will be crucial in determining whether Kadena can recover and redefine its path forward.
As the crypto world grapples with Kadena’s downfall, the incident serves as a stark reminder of the volatility and unpredictability inherent in the cryptocurrency industry. Stakeholders now await further developments and hope for clarity regarding the allegations and the network’s future.
Despite growing expectations of an imminent altcoin season, industry insiders are pointing to capital flowing back into Bitcoin and corporate cryptocurrency treasuries, raising doubts about the traditional crypto market cycle.
Corporate digital assets treasuries (DATs) have drained about $800 billion worth of retail investor capital from the altcoin market, according to crypto market intelligence company 10x Research.
“Liquidity, momentum, and conviction have all migrated elsewhere, leaving the altcoin market eerily quiet,” 10x Research wrote in a Friday blog post. “Our models show a decisive rotation back into Bitcoin, even as Korean retail traders, once the heart of altcoin speculation, shift their focus to U.S. crypto stocks.”
“Altcoins have underperformed Bitcoin by roughly $800 billion this cycle — a shortfall that would have largely benefited retail investors,” 10x said, adding that this is leading retail to seek “alternative avenues for quick returns.”
Technical indicators signal crypto capital rotation back into Bitcoin
Despite continued calls for an altcoin season, a key altcoin indicator suggests that investors may be seeking more Bitcoin exposure rather than smaller cryptocurrencies.
The “technical altcoin model” cited by 10x Research suggests that crypto investments are rotating back to Bitcoin, indicating that the $19 billion crypto market crash has disrupted the momentum previously gained by altcoins.
“The model’s pivot back toward Bitcoin came at a critical moment, two weeks before altcoins suffered a sharp sell-off on October 11, 2025,” 10x said.
CoinMarketCap’s altcoin season indicator currently stands at 23, which still signals “Bitcoin season” until the gauge surpasses the 75 level.
In a silver lining to the correction, investors may view the record $19 billion liquidation event as a buying opportunity in a dynamic that may fuel Bitcoin’s rise to $200,000 before the end of the year, Standard Chartered’s global head of digital assets research, Geoff Kendrick, told Cointelegraph.
Despite growing expectations of an imminent altcoin season, industry insiders are pointing to capital flowing back into Bitcoin and corporate cryptocurrency treasuries, raising doubts about the traditional crypto market cycle.
Corporate digital assets treasuries (DATs) have drained about $800 billion worth of retail investor capital from the altcoin market, according to crypto market intelligence company 10x Research.
“Liquidity, momentum, and conviction have all migrated elsewhere, leaving the altcoin market eerily quiet,” 10x Research wrote in a Friday blog post. “Our models show a decisive rotation back into Bitcoin, even as Korean retail traders, once the heart of altcoin speculation, shift their focus to U.S. crypto stocks.”
“Altcoins have underperformed Bitcoin by roughly $800 billion this cycle — a shortfall that would have largely benefited retail investors,” 10x said, adding that this is leading retail to seek “alternative avenues for quick returns.”
Technical indicators signal crypto capital rotation back into Bitcoin
Despite continued calls for an altcoin season, a key altcoin indicator suggests that investors may be seeking more Bitcoin exposure rather than smaller cryptocurrencies.
The “technical altcoin model” cited by 10x Research suggests that crypto investments are rotating back to Bitcoin, indicating that the $19 billion crypto market crash has disrupted the momentum previously gained by altcoins.
“The model’s pivot back toward Bitcoin came at a critical moment, two weeks before altcoins suffered a sharp sell-off on October 11, 2025,” 10x said.
CoinMarketCap’s altcoin season indicator currently stands at 23, which still signals “Bitcoin season” until the gauge surpasses the 75 level.
In a silver lining to the correction, investors may view the record $19 billion liquidation event as a buying opportunity in a dynamic that may fuel Bitcoin’s rise to $200,000 before the end of the year, Standard Chartered’s global head of digital assets research, Geoff Kendrick, told Cointelegraph.
Dogecoin’s (DOGE) 7.5% rally from its local lows below $0.18 appears to be cooling off, but traders said DOGE remains on track to “continue its uptrend” toward higher targets in 2025.
Several data points suggest what must happen for Dogecoin to increase its potential to break out of consolidation in the coming days or weeks.
Dogecoin must crack $0.20 resistance
Dogecoin’s bullish case hinges on its DOGE/USD pair flipping the resistance between $0.20 and $0.22 into support.
“DOGE is currently consolidating near $0.19 after a significant pullback,” crypto analyst HODL Gentleman said in a recent post on X, adding:
“A clear break above $0.20 is needed to signal a trend reversal. Keep an eye on that level!”
This level aligns with the 200-day simple moving average (SMA), as shown in the chart below.
The Glassnode distribution heatmap indicates that a significant cluster of supply is centered in the $0.20-$0.21 area, where nearly 24.9 billion DOGE were recently acquired, underscoring the importance of this level.
Dogecoin’s cost basis distribution heatmap. Source: Glassnode
Another area of resistance is the $0.23-$0.24 range, reinforced by the 100-day and 50-day SMAs, respectively.
As Cointelegraph reported, if the 20-day EMA, currently at $0.22, is broken, it will suggest that selling pressure is decreasing. If this happens, DOGE price could climb to the 50-day SMA ($0.23) and later to the stiff overhead resistance at $0.29.
Fellow analyst Bitcoinsensus made a more ambitious analysis, saying that “Doge could see prices as high as $5-$7” if it follows a similar market structure to that seen in previous cycles.
Looking at previous price history on #Dogecoin, it has always followed the same market structure, finishing with a massive move at the end of the cycle. 💥
This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.
TRON’s bullish momentum signals potential breakout above $0.35 resistance, with technical analysis pointing to $0.40 target within 4 weeks if key levels hold.
TRX Price Prediction: Technical Setup Points to Potential 25% Rally
TRON (TRX) is showing compelling technical signals that suggest a significant price movement is brewing. Trading at $0.32 with bullish momentum indicators emerging, our TRX price prediction analysis reveals multiple scenarios that could unfold over the coming weeks.
TRX Price Prediction Summary
• TRX short-term target (1 week): $0.35 (+9.4%)
• TRON medium-term forecast (1 month): $0.38-$0.42 range • Key level to break for bullish continuation: $0.35 resistance
• Critical support if bearish: $0.30 Bollinger Band lower boundary
Recent TRON Price Predictions from Analysts
The latest analyst predictions for TRX present an interesting divergence in timeframes and targets. CoinCodex’s algorithmic analysis projects a TRX price prediction of $0.3459 by November 20, 2025, representing a modest 8% upside from current levels. This conservative TRON forecast aligns with medium-term technical resistance levels.
More aggressively, PricePredictions.com suggests TRX could average $1.06 in October 2025, though this appears optimistic given current market structure. AltPricer’s short-term analysis targets $0.31951 for today, which closely matches current trading levels and suggests consolidation before the next directional move.
The consensus among these TRX price prediction models indicates moderate bullish sentiment, with most analysts expecting gradual appreciation rather than explosive moves. However, technical indicators suggest the potential for more significant gains if key resistance breaks.
TRX Technical Analysis: Setting Up for Breakout
TRON’s current technical setup presents a compelling case for upward movement. The MACD histogram showing 0.0003 positive momentum marks the first bullish crossover signal in recent sessions, while the RSI at 41.47 provides ample room for upward movement without entering overbought territory.
The Bollinger Bands configuration is particularly noteworthy for our TRON technical analysis. With TRX trading at the 0.31 position within the bands, the price sits closer to the lower band ($0.30) than the upper band ($0.35), suggesting potential mean reversion toward the middle band at $0.33 and potentially higher.
Volume analysis shows $98.6 million in 24-hour trading volume on Binance, indicating healthy participation. The daily ATR of $0.01 suggests contained volatility, which often precedes larger directional moves when technical patterns resolve.
TRON Price Targets: Bull and Bear Scenarios
Bullish Case for TRX
Our primary TRX price target focuses on the $0.35 resistance level, which coincides with both the Bollinger Band upper boundary and immediate resistance. A decisive break above this level could trigger momentum buying toward $0.38-$0.40.
The bullish scenario requires TRX to maintain support above $0.32 (current pivot point) while building volume on any upward moves. The 200-day SMA at $0.30 provides strong foundational support, creating a favorable risk-reward setup for long positions.
Technical confluence at $0.40 includes the 127% Fibonacci extension from recent lows and a psychological resistance level. This TRON forecast target represents a 25% gain from current prices and aligns with the overall “Strong Bullish” trend classification.
Bearish Risk for TRON
The primary risk to our bullish TRX price prediction centers on a break below $0.30 support. This level represents both the Bollinger Band lower boundary and the 200-day SMA, making it a critical technical foundation.
Should TRX break below $0.30, the next support level sits near the 52-week low zone around $0.28-$0.29. This bearish scenario would invalidate the current bullish momentum and could lead to extended consolidation or further decline.
Volume confirmation on any breakdown would be crucial, as low-volume breaks often result in quick reversals back into the trading range.
Should You Buy TRX Now? Entry Strategy
Based on current technical positioning, the answer to “buy or sell TRX” leans bullish with specific entry criteria. Aggressive traders might consider entering near current levels ($0.32) with a stop-loss below $0.30, targeting the $0.35 resistance break.
Conservative investors should wait for a confirmed break above $0.35 with volume before establishing positions, then target $0.38-$0.40 levels. This approach reduces risk but may sacrifice some upside potential.
Position sizing should account for TRX’s daily ATR of $0.01, suggesting stop-losses 2-3 ATRs below entry points for proper risk management. This translates to approximately 6-9% risk per trade depending on entry timing.
TRX Price Prediction Conclusion
Our comprehensive analysis supports a bullish TRX price prediction with a target of $0.35-$0.40 over the next 4-6 weeks. The confluence of recovering momentum indicators, supportive moving averages, and favorable Bollinger Band positioning creates an attractive setup.
Confidence Level: MEDIUM-HIGH for reaching $0.35, MEDIUM for achieving $0.40 targets.
Key indicators to monitor include MACD momentum continuation, RSI movement toward 50-60 levels, and most importantly, volume confirmation on any breakout attempts above $0.35. The TRON forecast remains positive as long as support holds above $0.30, with invalidation occurring only on a decisive close below this critical level.
Timeline for this prediction: 2-4 weeks for initial $0.35 target, 4-6 weeks for extended $0.40 objective.
Revolut obtained a Markets in Crypto-Assets Regulation (MiCA) license from the Cyprus Securities and Exchange Commission (CySEC), enabling it to offer regulated crypto services across all 30 markets in the European Economic Area (EEA).
The move boosts Revolut’s expansion in the crypto market as the fintech prepares to launch its next-generation “Crypto 2.0” platform, the company said in a news release shared with Cointelegraph.
“This authorisation enables us to deliver groundbreaking crypto products with enhanced transparency and trust for our growing customer base, while further reiterating our commitment to crypto as an asset class,” said Costas Michael, CEO of Revolut Digital Assets Europe.
The MiCA license allows Revolut to market its full suite of crypto products under the regulatory framework. The company, which serves more than 65 million customers worldwide, including 40 million in Europe, will use the license to expand its crypto trading, staking and stablecoin offerings, per the announcement.
Revolut also unveiled a suite of new products, including its next-generation crypto platform, Crypto 2.0, which will include access to over 280 tokens, zero-fee staking with returns of up to 22% annual percentage yield and 1:1 stablecoin-to-US dollar conversion without spreads.
“When paired with crypto-enabled Revolut Visa/Mastercard cards, seamless on/off-ramping tools, and Revolut X’s low trading fees (0.00%–0.09%), the platform delivers one of the broadest and most cost-effective crypto experiences in Europe,” the company wrote.
Revolut teases its new platform Crypto 2.0. Source: Revolut
Last year, Revolut introduced Revolut X, a dedicated desktop crypto exchange targeting experienced traders. The platform offers trading for 100 tokens with low fees and real-time on/off-ramp capabilities.
The firm later expanded its crypto exchange in Europe, rolling out Revolut X in 30 markets across the European Economic Area (EEA). The platform, which now supports mobile access via the App Store and Google Play, has attracted more than 14 million crypto users globally, Revlout said.
In June, a Revolut spokesperson confirmed that the fintech was expanding its crypto expertise, particularly for institutional clients, after reports speculated that it was preparing to enter the crypto derivatives market.
The European Union adopted its 19th sanctions package against Russia, introducing restrictions on cryptocurrency platforms for the first time since the war in Ukraine began.
The measures, adopted Thursday, prohibit Russia-based crypto payment providers and the distribution of related payment software across the bloc. The sanctions also target Russian energy firms, banks, and entities in China, Kyrgyzstan, Tajikistan, Hong Kong and the United Arab Emirates accused of helping Moscow evade previous restrictions.
“We have just adopted our 19th package of sanctions,” said Kaja Kallas, the EU’s high representative for foreign affairs and security policy. “It targets Russian energy, banks, crypto exchanges, and entities in China, among others. The EU is also regulating the movements of Russian diplomats to counter attempts at destabilisation.”
Nineteenth package of sanctions against Russia. Source: European Council
According to the European Council, Russia has increasingly turned to digital assets to bypass financial sanctions.
“Recent activity has evidenced Russia’s increasing use of crypto in circumventing sanctions,” the council said on Thursday.
The package includes a bloc-wide ban of the A7A5 ruble-backed stablecoin, which EU authorities described as “a prominent tool for financing activities supporting the war of aggression.”
This included a prohibition on the Kyrgyz issuer of the stablecoin and the operator of an unidentified digital asset platform where “significant volumes” of A7A5 were traded.
At least eight banks and oil traders from Tajikistan, Kyrgyzstan, Hong Kong and the United Arab Emirates are also subject to a transaction ban for circumventing EU sanctions.
Russian oil companies have reportedly used cryptocurrencies like Bitcoin (BTC) and Tether’s USDt (USDT) to circumvent sanctions, conducting tens of millions of dollars in monthly payments, Reuters reported in March, citing anonymous sources.
In July, two Russian citizens residing in New York were charged with facilitating payments for sanctioned Russian entities.
Iurii Gugnin, also known as George Goognin and Iurii Mashukov, was charged with 22 criminal counts, including the laundering of over $540 million through his crypto companies, Evita Investments and Evita Pay.
