Bitcoin To $200K? Galaxy Digital CEO Reveals The ‘Biggest Bull Catalyst’

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.

Durov Reveals Hidden Push by French Intelligence to Censor Telegram Channels

Durov Reveals Hidden Push by French Intelligence to Censor Telegram ChannelsTelegram is pushing back hard against mounting political pressure, as founder Pavel Durov exposed explosive interference attempts tied to censorship demands ahead of key elections. Durov Breaks Silence on Political Interference Attempt Through Platform Control Governments pressuring digital platforms has drawn growing scrutiny, and Telegram’s founder Pavel Durov has now raised concerns about political influence. […]
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XRP Futures Blaze Past $18.3B as CME Achieves 4-Month Milestone

XRP futures are gaining unstoppable institutional traction as CME Group smashes volume records and prepares to unleash new options on solana and XRP, signaling surging demand for regulated crypto exposure. XRP Futures Deliver $18.3B on CME in Just 4 Months of Trading Institutional momentum in crypto derivatives continues to expand, reflecting growing reliance on regulated […]
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Bitcoin at $110,000: Consolidation Mode, ETF Outflows, and a Sneaky ‘Uptober’ Setup

At 4:25 p.m. Eastern on Sunday, bitcoin has been tiptoeing around $110,324 to $110,595 over the last hour, acting like the cool kid at the party who won’t dance until the DJ drops a real banger. Bitcoin’s Range Game Bitcoin spent the past few days chopping inside a range, digesting a late-September shakeout and a […]
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Cyber Hornet ETF Filing Flags Whale Manipulation Risk in XRP

Cyber Hornet’s SEC filing for an S&P 500 and XRP 75/25 Strategy ETF highlights whale-driven market manipulation as a key risk. XRP’s Distribution History Cited as Investment Risk An S&P 500 and XRP exchange-traded fund (ETF) prospectus filed with the U.S. Securities and Exchange Commission (SEC) by Cyber Hornet identifies market manipulation by whales as […]
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Fed Rate Watch: Consensus Leans Hard Toward a Quarter-Point Slice

Traders have practically written in pen a quarter-point cut, daring the U.S. Federal Reserve to prove them wrong at October’s meeting ahead. Quarter-Point Trim Leads the Board for October’s Fed Decision CME’s Fedwatch tool puts numbers to the hunch: with the target currently at 4.00% to 4.25%, the Oct. 29 path most favored is a […]
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Gold Kisses Record Again as Banks Chase $4K Calls Into Year-End

Gold has new swagger this week, hovering near records while big banks sharpen their pencils and nudge targets higher. Spot gold has settled around $3,759 per troy ounce on Sunday, Sept. 28, after tagging $3,783 two days ago on Sept. 26—a fresh peak that has bullion fans talking. Wall Street’s base case is simple: softer […]
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Aster, Hyperliquid, and More: Nearly $1 Trillion in Perp DEX Trades Recorded in Just 30 Days

Aster, Hyperliquid, and More: Nearly $1 Trillion in Perp DEX Trades Recorded in Just 30 DaysWith the perpetual decentralized exchange (DEX) wars blazing hotter than a meme coin rally, defillama.com shows the battlefield tally: nearly a trillion dollars in trades over the last week, with a cool $869.189 billion stamped on the books. Aster and Hyperliquid Command 52.80% of $869B Perp DEX Market Perp DEXs are the current obsession, and […]
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Ethereum Max Pain Hovers Near $4K as Traders Crowd December Calls

Ethereum woke up spicy Sunday as spot markets and derivatives desks steered the tone while spot price hovered near $4,014 after a $3,971–$4,031 intraday jog. Calls Rule the Board, Puts Rule the Day: Inside Ethereum’s Derivatives Mix Futures positioning stayed lively. Coinglass figures show exchange ether open interest (OI) elevated versus early summer, peaking in […]
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XRP Flashpoint: Price Rejected at $2.83—Is a Drop to $2.65 Next?

XRP’s price sits at $2.77 today, backed by a market cap of $165 billion and a 24-hour trading volume of $2.73 billion. But don’t let the numbers fool you—the token is stuck in a standoff, ranging between $2.77 and $2.82, with traders waiting for someone to blink first. XRP On the 1-hour chart, XRP is […]
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Bitcoin Price Watch: Price Teeters at $109K—Breakout or Breakdown Ahead?

Bitcoin is trading at $109,449 with a market capitalization of $2.18 trillion and a 24-hour trading volume clocking in at $20.54 billion. The intraday range? A tightrope walk between $109,276 and $109,761—just enough motion to keep traders twitchy but not thrilled. Bitcoin So, what’s the daily bitcoin chart whispering today? A whole lot of “meh” […]
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Latam Insights: Venezuela Embraces USDT, OranjeBTC Rises in Brazil

Welcome to Latam Insights, a compilation of the most relevant crypto news from Latin America over the past week. In this week’s edition: Venezuela moves its internal disbursements to USDT, OranjeBTC surges as Latam’s largest bitcoin treasury company, and Argentina negotiates $20 billion lifeline with the U.S. Analyst: Venezuela Moves Disbursements to USDT Amid Dollar […]
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Ark’s Cathie Wood Backs Bitcoin Long Term, Chases Ethereum via BitMine

TLDR:

  • Cathie Wood argues Bitcoin is the only Layer 1 network never hacked, key to its global monetary role
  • She says Ethereum’s dominance is threatened by Layer 2s stepping in around scaling and fees
  • Wood increased her exposure to ETH via BitMine shares, balancing conviction with flexibility
  • She frames her divide with Tom Lee as philosophical: Bitcoin’s rules over ETH’s evolving model

Cathie Wood, CEO of Ark Invest, recently told The Master Investor podcast she still favors Bitcoin over Ethereum. 

She argued Bitcoin’s never been breached and serves as a rules-based global monetary layer. Yet she conceded that she is warming toward Ethereum and has increased exposure via BitMine. This tension captures a turning point in how major investors view crypto

As price pressures rise and platform competition thicken, Wood’s stance signals what may come next. Her remarks were discussed in a tweet by WuBlockchain summarizing her shifting tilt. 

Why Wood Insists on Bitcoin Dominance (Crypto, Price)

In the podcast, Wood framed Bitcoin not just as a speculative asset, but as the only Layer 1 that’s never been hacked. She repeated her view that Bitcoin will remain the foundational crypto monetary network for the world.

She contrasted that with Ethereum: though Ethereum underpins much of DeFi, she believes it now faces rising threats from Layer 2 competitors. That trend, in her view, limits Ethereum’s ability to scale as a global monetary base.

Wood also addressed criticism from Tom Lee of Fundstrat, who has argued Ethereum could overtake Bitcoin. She described their difference as “friendly disagreement,” pointing to Bitcoin’s rules, track record, and scale as her reasons.

She emphasized that Bitcoin’s “never hacked” status gives it credibility few other crypto networks can match today. That safety record supports her long-term conviction amid shifting market price cycles. 

Warming to Ethereum: BitMine and Portfolio Nuance

Despite her firm belief in Bitcoin’s dominance, Wood said she is not dismissing Ethereum. She revealed she recently bought shares of BitMine, thereby gaining indirect exposure to Ethereum’s ecosystem. 

She described this as a calibrated move, rather than a full pivot. Her aim is to participate in Ethereum’s growth where it makes sense, without abandoning her base belief in Bitcoin’s primacy.

Wood flagged that Ethereum’s challenges include congestion, scaling pressure, and competition from layer 2 networks that try to offload stress. That complexity, she implied, makes pure play ETH exposure riskier.

She also hinted that as she tracks price dynamics, she might adjust more exposure over time, but only when risks and rewards align in Ethereum’s favor.

The post Ark’s Cathie Wood Backs Bitcoin Long Term, Chases Ethereum via BitMine appeared first on Blockonomi.

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Ethereum Price Drops 20% as Staking Queue Surges Past 2.1M ETH

TLDR:

  • Ethereum has dropped 20% in two weeks, testing the $3,800–$3,900 support zone.
  • ETH RSI is at its lowest since April, when it rallied 134% within two months.
  • Over 2.1M ETH are queued for withdrawal with a 37-day average wait time.
  • 198k ETH remain in line to stake, suggesting ongoing network participation despite low yields.

Ethereum has had one of its toughest two-week stretches this quarter. Its price slid 20%, wiping out weeks of slow gains. Yet some traders see this as a window rather than a warning. 

The oversold RSI level is flashing a setup not seen since April. Staking withdrawals are also piling up, raising questions about ETH supply. The next few weeks could decide whether Ethereum holds its $3,800 line or breaks lower.

Ethereum Price and RSI Signal

Crypto analyst Lark Davis pointed out Ethereum’s RSI has dropped into oversold territory, its lowest level since April. Back then, ETH rallied more than 100% in the following two months. Traders now watch for a repeat if the market turns bullish into Q4.

CoinGecko data shows ETH trading at $4,005, up 0.33% in the last 24 hours but still down over 10% in a week. The $3,800 to $3,900 range has acted as a key support zone over recent sessions. Holding this level is seen as critical for any recovery attempt.

RSI readings this low often attract buyers looking for discounted entries. The timing aligns with growing speculation that crypto markets may see a shift in sentiment later this year.

Staking Queue Hits 2.1 Million ETH

On-chain data shows a mounting queue of ETH waiting to exit staking. MartyParty highlighted that 2.15 million ETH are currently lined up to withdraw. He also warned of low yields on older staking protocols and the risk of long wait times.

Crypto Patel updated that the average wait to unstake is now 37 days. This backlog locks up billions in ETH that will eventually hit the market once processed. Some traders believe this temporary supply restriction could ease sell pressure in the near term.

At the same time, nearly 198,000 ETH still wait to enter staking, reflecting continued participation despite low rewards. The balance between staking inflows and withdrawals could influence ETH liquidity heading into Q4.

The post Ethereum Price Drops 20% as Staking Queue Surges Past 2.1M ETH appeared first on Blockonomi.

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