Grayscale’s spot crypto ETFs bring regulated staking yields to mainstream investors, merging crypto rewards with traditional Wall Street exposure.
Bitcoin retested support levels under $110,000 as data showed smaller investors buying and whales cooling their extended BTC sell-off.
The integration signifies a growing trend towards mainstream cryptocurrency adoption, potentially reshaping global payment landscapes.
The post ACI enables Bitcoin and stablecoin payments for merchants through BitPay integration appeared first on Crypto Briefing.
This investment underscores growing venture interest in enhancing blockchain infrastructure, potentially boosting Solana's network security and liquidity.
The post a16z Crypto invests $50M in Solana staking protocol Jito appeared first on Crypto Briefing.
Charles Hoskinson, founder of Cardano, has launched the Hoskinson Government and Policy Center in Wyoming, positioning the new entity to work on rural health care, agriculture, blockchain policy and “government transparency,” with plans to engage directly in the state’s 2026 election cycle in coordination with a Wyoming Integrity political action committee. The announcement was made on Oct. 15, 2025, via a sponsored post carried by Cowboy State Daily and by new social channels tied to the Center.
The Center will concentrate its government-relations efforts inside Wyoming, a jurisdiction where Hoskinson has been steadily increasing his physical footprint. The announcement points to a medical clinic he financed in Gillette and a bison ranch in Platte County as examples of prior commitments, and lists near-term legislative priorities that include securing access to stem-cell therapies in the state.
In his statement, Hoskinson framed the initiative as a vehicle to “strengthen rural health care, modernize agriculture, and improve government transparency,” adding that “with smart legislation and the right technology, Wyoming can set the standard for how decentralized systems can deliver beneficial change in all walks of life.” Leadership appointments were disclosed alongside the launch. Karen Wheeler, a career Wyoming official who served for decades in the Secretary of State’s office — including a brief stint as acting Secretary in 2018 and a 2015–2022 tenure as Deputy Secretary — will serve as Executive Director.
“I am truly honored to lead the Hoskinson Government and Policy Center as we work to advance thoughtful, forward-looking policy across healthcare, agriculture, and technology,” Wheeler said, describing the sectors as central to “Wyoming’s strength and growth.”
Kendrick Ladd, identified as a former US Army officer and federal regulatory investigator who now practices law in Wyoming, was named General Counsel and Head of Policy. “To benefit current and future Wyoming generations, the integration of emerging technology in government must spring from and strengthen Wyoming’s foundational principles of liberty, integrity, and government accountability,” Ladd said in the release.
The Center also named longtime Wyoming politics reporter Leo Wolfson as Wyoming Communications Director. Wolfson most recently covered the Legislature and state politics for Cowboy State Daily from 2022 through 2025. “I am beyond thrilled to be joining an organization like the Policy Center that’s focused on supporting Charles Hoskinson’s efforts to make Wyoming a strong and independent state for generations to come,” he said.
Beyond policy advocacy, the Center signaled electoral ambitions. It “plans on taking an active role in the 2026 elections in Wyoming” and will coordinate “throughout the election cycle” with the Wyoming Integrity PAC, an entity that Hoskinson previewed earlier this year as a vehicle to press for procurement transparency and ethics in state contracting.
Hoskinson amplified the launch on X. In a light-toned post, he wrote, “We are going to have a lot of fun next year :)” and reposted the Center’s announcement from its new @WyomingHGPC account.
The initiative builds on Hoskinson’s Wyoming-focused projects. The Gillette-based Hoskinson Health & Wellness Clinic as well as the Twin Pine/Hoskinson bison ranch near Wheatland are Hoskinson’s well-known projects besides Cardano. What remains less defined in the launch materials is the Center’s funding model, and any formal relationship, if any, with Cardano-affiliated entities such as Input Output Global.
For the crypto industry, the Wyoming emphasis is consistent with Hoskinson’s public critiques earlier this year of opaque procurement around the state’s stablecoin initiative, and his argument that clearer, more competitive processes could sustain Wyoming’s reputation as a crypto-friendly hub. “I’ve invested my time and resources here in Wyoming because I believe this state can lead the nation,” Hoskinson said.
At press time, Cardano traded at $0.6683.
Quick Facts:
So is it altcoin season, or not?
The concept of ‘altcoin season’ – when altcoins broadly outperform Bitcoin – has long been the prize for crypto investors beyond Bitcoin. But timing its arrival remains elusive, and there’s broad debate over what even altcoin season means.
One thing is sure, though – we might just be getting close to a true altcoin season, and that means going on the hunt for the best altcoins to buy. And right now, those include Bitcoin Hyper ($HYPER), Snorter Token ($SNORT), and Ethereum ($ETH).All eyes now fall on the $ETH/$BTC pair, as it approaches a historically stout support band that could dictate the market’s next major move.
Ethereum relative to Bitcoin is trading near 0.032–0.034, a zone that has often served as a bounce area in past cycles. Should the pair find support here and begin to rebound, it could mark the start of rotation back into altcoins. But if it fails, further downside might be in store.
But there’s a bigger question among the analysts: who leads altcoin season – Ethereum or Bitcoin?Some argue that Bitcoin must push to new highs and drive dominance higher. Only then will capital rotate into altcoins – a pattern that aligns with many past cycles.
The logic basically holds like this: you need Bitcoin to reach ATHs, pushing more investors to Ethereum and other altcoins, which then cuts into Bitcoin’s dominance and establishes a true altcoin season.
But there’s another perspective out there.
Others counter that Ethereum (and select altcoins) can forge ahead even if Bitcoin stalls. They point to episodes (late 2017, early 2021) where $ETH led strong rallies shortly after $BTC’s peaks.
The debate continues to rage on X, with both sides arguing that either Bitcoin, or Ethereum, or both, need to push higher before an altcoin season can truly get underway.
The altcoin market (excluding stablecoins) still sits around 20% below its prior highs, meaning room exists for upside if conditions become favorable.
And some of the altcoins out there – in particular $ETH, $HYPER, and $SNORT – are poised to go parabolic once altcoin season gets underway.
Let’s take a closer look at the best altcoins to buy today.
Want to find a winning altcoin these days? Look for the projects that build infrastructure for crypto’s continued growth.
Projects like Bitcoin Hyper ($HYPER), which targets known Bitcoin weaknesses such as low transaction speeds and high congestion fees.By leveraging a Canonical Bridge to the Solana Virtual Machine (SVM), Bitcoin Hyper will allow investors to deploy wrapped $BTC across the full expense of the crypto economy.
What is Bitcoin Hyper? It’s set to be the best way to make fast, cheap Bitcoin transactions possible. Learn how to buy Hyper, and act fast – whales are pouring hundreds of thousands into the project on a weekly basis, boosting it to nearly $24M raised.
Our price prediction shows $HYPER could potentially reach $0.32 from its current $0.013125, a 2,338% increase.
Visit the Bitcoin Hyper presale page to buy your $HYPER today.
Meme coin trading is typically madness. Tens of thousands of coins are launched around the clock, with most never seeing the virtual light of day.
But if you can find the right projects amongst the madness, there’s room for major gains. That’s where Snorter Token ($SNORT) comes in.
A meme coin trading bot based on Solana and native to Telegram, the Snorter Bot will give traders all the tools they need to sniff out and snipe the best meme coins before they go mainstream.
That also means rugpull and MEV protection, automated sniping, and even copy trading, all available with ultra-low fees (0.85% compared to 1.5%+) thanks to the $SNORT token.Our Snorter Token price prediction highlights $SNORTs potential to rise from its current $0.1081 to $0.94 by the end of the year. With only four days left, the presale has already brought in over $4.8M. Learn how to buy $SNORT and stake it for 107% before the presale closes.
The clock is ticking. Buy your $SNORT before it’s too late.
Don’t get lost in the altcoin season debate: whether $BTC leads or $ETH does, nearly every analyst expects a strong performance from the biggest altcoin of them all – Ethereum ($ETH).
Whether its $5K or $7K to $8K, the rising tide of Bitcoin and general altcoin enthusiasm should send Ethereum upwards. Add in the continued interest in Ethereum by companies like BitMine, which currently holds over 3M $ETH, and Ethereum’s future looks bright indeed.
Meanwhile, macro conditions play a supporting role to any altcoin season narrative: signs that the US Federal Reserve may ease rates further could inject liquidity into risk assets, helping altcoin plays.
Buy $ETH, currently priced at around $4K, through Binance and other reputable platforms.
Will $BTC and $ETH continue to move up in unison? Or does Ethereum need to push ahead and establish a much higher floor? Either way, with altcoin season around the corner, the best altcoins to buy right now are Bitcoin Hyper, Snorter Token, and Ethereum.Don’t forget, this is not financial advice. Always do your own research before making any investment.
Authored by Bogdan Patru, Bitcoinist – https://bitcoinist.com/best-altcoins-to-buy-as-eth-btc-pair-finds-critical-support
Earlier this week, Roger Ver entered a deferred-prosecution agreement that ended his April 2024 indictment on mail fraud, tax evasion, and false-return charges.
Ver, also known as “Bitcoin Jesus,” admitted he willfully failed to report all his Bitcoin (BTC) holdings when he renounced US citizenship in 2014, paid $49.93 million in back taxes, penalties, and interest, and walked away without prison time.
The US Department of Justice (DOJ) simultaneously moved to dismiss the indictment without prejudice, leaving Ver in a three-year limbo. He must comply with the deal’s terms, and prosecutors won’t re-indict. Yet, a breach will allow them to do so.
The case began with Ver’s 2014 expatriation. Prosecutors alleged he and two US companies he controlled held roughly 130,000 BTC at the time he renounced citizenship, holdings he allegedly understated on exit-tax forms.
In 2017, Ver took possession of about 70,000 company Bitcoins and sold tens of thousands for roughly $240 million without reporting the taxable distribution.
The government calculated the tax loss at a minimum of $48 million. Spanish authorities arrested Ver in 2024 as the US sought extradition, and he fought the charges until the recent settlement closed the criminal case.
Ver’s deal doesn’t rewrite tax law, but it demonstrates how firmly the existing rules still grip offshore assets.
Internal Revenue Code §877A imposes a mark-to-market exit tax on “covered expatriates,” which includes US citizens who renounce citizenship and meet income, net-worth, or compliance thresholds.
The 2025 Form 8854 instructions set the exclusion at $890,000, and failures to report carry steep penalties. Ver’s settlement precisely follows that framework. He admitted willfully omitting Bitcoin from his expatriation filings, paid what he owed, and avoided trial by meeting the government’s demands.
Immigration attorney Parviz Malakouti-Fitzgerald noted that Ver also withdrew his claim for a 2014 tax refund, potentially forfeiting a significant sum in addition to the $50 million payment.
The agreement’s three-year tolling provision means Ver remains exposed until September 2028. Any breach during that window reopens the door to prosecution.
Court filings show Ver must also refrain from publicly opposing the admissions his lawyers made on his behalf, a constraint Malakouti-Fitzgerald flagged as risky for a figure who has spent years as a vocal Bitcoin evangelist.
The settlement’s most revealing clause may be paragraph eight’s catchall, which states that Ver cannot “violate any law” during the tolling period.
Paired with the ban on contradicting his admissions, even through agents or supporters, the terms box Ver into silence and compliance. If someone he once funded speaks out or if Ver slips in an interview, the government retains leverage to revive charges.
Malakouti-Fitzgerald concluded that Ver should “live like a monk” for three years.
Ver’s arrest in Spain stresses the far-reaching nature of US tax enforcement. Living offshore offers no sanctuary when criminal exposure stems from pre-expatriation conduct.
Extradition treaties and international cooperation turn foreign residency into a holding pattern rather than a shield. For US taxpayers still holding undeclared crypto abroad, the information-reporting net continues to tighten.
FATCA’s Form 8938 and the Foreign Bank Account Report (FBAR) already capture foreign financial assets. FinCEN has stated that it intends to amend FBAR rules to include virtual currency accounts, although this change has not yet taken effect.
Meanwhile, Treasury and the IRS finalized broker-reporting rules requiring digital asset platforms to send Form 1099-DA for sales starting Jan. 1, with broader basis reporting to follow.
The opacity that once allowed offshore crypto users to move undetected is evaporating as enforcement shifts from policy rhetoric to transactional details.
IRS Criminal Investigation has made digital assets a priority, deploying blockchain analytics to trace flows and recover taxes.
A 2024 Treasury Inspector General for Tax Administration review detailed those efforts and the push to refine them further.
Ver’s outcome aligns with the trajectory of recovering unpaid taxes, deterring noncompliance through high-profile settlements, and pursuing criminal charges when voluntary disclosure fails.
Ver’s deal clarifies that renouncing citizenship, parking assets in foreign entities, or relying on offshore residence to evade US tax obligations tied to crypto won’t work.
Although the settlement doesn’t create new law, it narrows the perceived escape routes by showing the government’s willingness to arrest, extradite, and prosecute.
For individuals caught in similar positions, the IRS Streamlined Filing Compliance Procedures and the Voluntary Disclosure Practice remain formal on-ramps to resolve undeclared assets before enforcement action begins.
Ver’s case provides a cautionary tale that addresses liability while the choice is still with the investor, or face the government’s terms when it comes to an indictment.
Malakouti-Fitzgerald also raised a question that extends beyond US jurisdiction. Ver’s admission of willful failure to report may affect his St. Kitts citizenship by investment and future mobility applications, as some countries treat admission of a crime, even without conviction, as a disqualifying factor.
Ver renounced US citizenship to escape its tax reach, but the settlement’s admissions may now complicate his access to other jurisdictions.
The deferred-prosecution agreement was fully executed on Sept. 23, yet the parties filed a joint motion to continue the case nine days later, citing the need to discuss Ver’s motion to dismiss and “potential further motions.”
Only on Oct. 14 did the DOJ file its motion to dismiss without prejudice, formalizing the deal the parties had already signed weeks earlier.
The delay highlights the choreography behind these resolutions, which includes negotiations concluded in private, filings following a script, and the public record catching up only after the terms are finalized.
Ver’s settlement will likely not be the last. As broker reporting expands, blockchain analytics mature, and cross-border cooperation deepens, the window for offshore holdouts is closing.
The post Bitcoin Jesus pays $50 million to dodge prison – but can he really live freely? appeared first on CryptoSlate.
Nansen and Sanctum have launched a new liquid staking framework on Solana designed to make staking SOL as easy as swapping a token.
The system, dubbed the “universal staking router”, links multiple liquid staking tokens (LSTs) such as mSOL, jitoSOL, and bSOL into one standardized route.
Instead of users choosing individual validators or juggling different staking pools, Sanctum automatically directs deposits to the best-performing validator mix, while Nansen supplies the analytics layer that tracks these flows in real time.
The launch marks a concrete attempt to standardize Solana’s fragmented staking market, which has grown large but disjointed. The chain hosts $11.6 billion in total value locked (TVL), with $15.5 billion in stablecoins and roughly $1.34 million in daily chain revenue.
Yet staking liquidity remains split across distinct protocols: Jupiter ($3.44 b TVL), Kamino ($3.29 b), Jito ($2.94 b), and Sanctum ($2.53 b) each operate semi-isolated pools that limit capital reuse.
Solana’s new staking backbone
At its core, Sanctum’s router turns staking into a liquidity problem, not a governance one. By connecting pools under a shared standard, the framework allows users to mint or swap between LSTs through unified liquidity rather than fragmented order books.
This change also makes Solana’s DeFi stack, DEXs like Raydium and Drift, perps, and lending markets more efficient, since LSTs can now move freely between them without custom integrations.
Nansen’s role is to quantify this network. Its dashboards map validator performance, staking yield, and liquidity depth across the new rails, helping users identify optimal routes and enabling institutions to track flows with the same transparency they already have for Ethereum’s LST markets.
This collaboration lands during a volatile phase for Solana DeFi. Across the top protocols, 7-day TVL losses range from -4 % to -27 %, with monthly drops above 10 % in several major pools.
Even as the network posts 2 million daily active addresses and $4.5 million in daily inflows, fragmentation has weighed on staking growth. Sanctum’s router attempts to reverse that by consolidating liquidity into a single infrastructure layer.
The big test is whether unified LSTs can compete with Ethereum’s mature ecosystem, where Lido’s stETH dominates with over $30 billion in deposits. Solana’s edge lies in speed and cost: swapping or minting an LST costs fractions of a cent, while Ethereum L2s still rely on complex bridging and higher fees.
The new routing standard also makes Solana’s validator market more competitive: yields, not branding, determine where deposits flow.
The yield math favors Solana. Liquid staking currently offers 5-8 % returns, versus 3-4 % on ETH, and easier liquidity routing lowers the opportunity cost of staying staked. If adoption accelerates, this could redirect part of the capital rotation away from Ethereum rollups toward Solana’s high-throughput base layer.
Solana’s network economics are stabilizing even after a short-term DeFi cooldown. Its $197 price, paired with its $107 billion market cap, shows resilience despite TVL compression. Sanctum’s rollout could increase this if it reignites staking participation. Liquidity routing encourages more SOL to stay within on-chain derivatives instead of moving to centralized exchanges.
That feedback loop (staking → liquidity → DeFi reuse) mirrors what turned Ethereum’s stETH into a structural pillar of on-chain finance. If Sanctum’s rails succeed, Solana could replicate that dynamic faster thanks to its unified execution layer.
The key difference is that Solana’s validators and restaking programs are natively composable, allowing future features like instant unstaking or cross-LST lending without new token standards.
Liquid staking has long been Solana’s missing piece. While the chain dominates NFT and DEX volumes, staking liquidity has lagged behind its throughput narrative.
Sanctum and Nansen are trying to fix that by creating a data-informed, interoperable LST network that behaves like a protocol rather than a product. There are still open questions. How will liquidity migrate between the older LSTs and Sanctum’s router?
Will protocols integrate their routing layer at the contract level or rely on front-end partnerships? And what happens to MEV distribution once routes consolidate under a few large pools?
For now, the numbers show promise. Even with market-wide contraction, staking-related protocols still make up nearly a fifth of Solana’s $11.6 billion TVL. Binance Staked SOL holds $1.95 billion, Bybit’s pool has $358 million, and Sanctum already has $2.53 billion within weeks of launch.
If unified LST rails succeed in merging those flows, Solana could gain a structural liquidity moat that Ethereum’s L2s can’t easily replicate.
The new rails are less about hype than infrastructure. In crypto, friction decides adoption, and Sanctum just removed one of Solana’s biggest sources of it.
The post Can Solana’s $11.6B staking reboot pull liquidity from Ethereum’s L2s? appeared first on CryptoSlate.
The VerifiedX (VFX) Network the people’s network, a fully decentralized and deflationary layer 1 blockchain and Halborn, the award-winning blockchain cybersecurity firm, have announced a strategic partnership focused on strengthening the core security, audit transparency, and resilience of the VerifiedX protocol.
The collaboration will encompass comprehensive auditing of all core code, including consensus mechanisms, peer-to-peer validator services, and the overall network security posture of the VerifiedX Layer 1 ecosystem.
Beyond initial audits, the partnership establishes a long-term joint security program that includes:
“Security builds trust, and trust drives DeFi. Our partnership with VerifiedX reinforces the effort to make decentralized ecosystems and their blockchain foundations safer for everyone“ – Gabi Urrutia, SVP Security & Field CISO
Partnering with Halborn ensures VerifiedX remains one of the most secure and transparently audited Layer 1 blockchains in the industry. The collaboration extends far beyond auditing code as it is creating an evolving standard of integrity and protection for the decentralized economy as the benchmark for security.
Halborn is the industry-leading blockchain security solutions firm
for enterprise-grade digital assets, trusted by the top financial institutions and
blockchain ecosystem leaders. Experience world-class, end-to-end security, from
smart contract auditing and pen testing to advisory services and beyond.
Halborn’s Past and current clients include Circle, Coinbase, Unisawp, Solana,
Animoca Brands, and Grayscale among others.
VFX (VerifiedX.IO) is the people’s network, a next-generation decentralized protocol that is both a universal layer 1 and a Bitcoin specific sidechain / reliever chain, focused on trust, transparency, and deflationary economics. With a fully mined supply and all network fees burned, VerifiedX operates as a zero-inflation, asset-backed blockchain purpose-built for everyday users, third-party adoption, peer-to-peer finance, tokenized asset verification, and secure on-chain storage.
The network’s native coin (VFX) can be accessed directly in-wallet, and enables minting of Verified Bitcoin Tokens (vBTC) with a 1:1 evergreen self-custodial peg coupled with smart contract utility and full asset recovery features for funds.
Providing robust in-wallet and self-custodial options for everyday users to plan, transact, save, spend, borrow, and vault Bitcoin, VFX funds, and digital assets are the cornerstone of the VerifiedX ethos. As the first universal layer 1 and Bitcoin reliever chain, the network dramatically reduces costs of ownership and frictions for everyday users and integrators around the world and provides multiple layers of convenience, security, and self-custodial empowerment.
Learn more at VerifiedX.io.
For Further Halborn Inquiries:
Website: https://www.halborn.com/
Twitter (X): https://x.com/HalbornSecurity
LinkedIn: https://www.linkedin.com/company/halborn
YouTube: https://www.youtube.com/c/Halborn
Github: https://github.com/HalbornSecurity
Email: halborn@protonmail.com
For Further VerifiedX Inquiries:
Website: https://verifiedx.io/
Discord: https://discord.gg/7cd5ebDQCj
Twitter (X)): https://twitter.com/vfxblockchain
Github: https://github.com/verifiedxblockchain
Email: dev@verifiedx.io
The post Halborn and VerifiedX Announce Strategic Partnership to Advance Layer 1 Blockchain Security and Audit Integrity appeared first on BeInCrypto.
Solana’s price movement has remained largely stagnant over the past few days as the broader crypto market shows uncertainty.
Despite a strong start earlier in the month, SOL has struggled to maintain upward momentum. Investor sentiment appears divided, with some holders taking profits while others brace for potential recovery.
Over the past week, Solana investors have been turning to the selling side. On-chain data shows that more than $132 million worth of SOL has been sent to exchanges during this period. This influx reflects heightened sell-side pressure as traders move to secure gains or exit amid uncertainty.
Even though the SOL sold is relatively less, it does show that panic selling has been evident; others are liquidating positions at minor rallies, suggesting a lack of confidence in sustained price growth. However, this selling is not strong enough to hold Solana price’s recovery back even if it caused a minor dip in price.
Want more token insights like this? Sign up for Editor Harsh Notariya’s Daily Crypto Newsletter here.
The short-term holder Net Unrealized Profit/Loss (STH NUPL) indicator currently sits in the capitulation zone, signaling that most short-term holders are selling at a loss. Historically, when this occurs during a broadly positive market, it has marked the beginning of a rebound phase. This pattern has been observed multiple times in Solana’s previous cycles.
When investors stop selling at losses and begin waiting for profit-taking opportunities instead, market pressure tends to ease. This dynamic could trigger a shift toward accumulation, potentially leading to a short-term rally.
Solana’s price currently stands at $192, holding just above a key support level at the same mark. The altcoin recently dipped after failing to secure a foothold above $200, but resilience at this level remains a positive sign.
Given the current on-chain dynamics, SOL may soon reverse its recent losses. A successful breakout above $200 and $205 could pave the way toward $213, signaling renewed bullish momentum.
However, if selling continues to dominate and confidence remains weak, Solana’s price could fall to $183. Such a decline would invalidate the bullish outlook and deepen the short-term downtrend.
The post Solana Fails To Hold Above $200 Amid $130 Million SOL Selling appeared first on BeInCrypto.
A widely watched on-chain profile for Dogecoin is flagging a striking absence of realized cost basis between roughly $0.19 and $0.07—an “air pocket” that could amplify volatility if price migrates into the range. Posting a Glassnode UTXO Realized Price Distribution (URPD): ATH-Partitioned chart, analyst NekoZ (@NekozTek) wrote: “There’s a huge gap on DOGE between $0.19 and $0.07.”
URPD maps coins by their last on-chain transfer price, a proxy for where current holders acquired their coins. Dense clusters typically align with strong support or resistance; sparsely populated bands imply fewer cost-anchored holders who might otherwise slow a move.
In the Dogecoin snapshot shared by NekoZ, the distribution shows two dominant shelves with relatively little realized supply between them. A large cohort sits near approximately $0.0739, labeled on the chart with 28,288,647,364.767 DOGE, equating to 18.69% of the measured supply.
Higher up, another notable node appears around $0.1996, carrying 14,183,292,412.578 DOGE, or 9.37%. The expanse shaded between these anchors is marked “GAP,” visually underscoring the thin realized supply across that corridor.
For traders, the structural message is straightforward but consequential. If spot price descends from the upper node into the underpopulated band, there are fewer holders with break-even incentives to absorb sell pressure, so downside can accelerate until it encounters the heavier cost basis around the lower cluster.
The logic is symmetrical on the way up: if price advances from the lower shelf into a sparsely held zone, there is less overhead supply to impede a rally until it nears the next dense pocket. URPD therefore speaks to path-dependence and market microstructure rather than direction in isolation.
The question embedded in the headline—whether a “crash” is imminent—cannot be answered by URPD alone. The distribution is not a timing tool and does not incorporate contemporaneous drivers such as order-book depth, derivatives positioning, or exogenous catalysts.
What it does show, with unusual clarity in Dogecoin’s case, is a bifurcated cost landscape: a heavy base near ~$0.07 and a sizable cluster near ~$0.20, with relatively little realized ownership in between. Should price traverse that interval, the chart implies a higher likelihood of fast travel within the gap and stickier behavior when it reconnects with one of the dense shelves.
NekoZ’s framing—“There’s a huge gap on DOGE between $0.19 and $0.07.”—captures the core risk. The Glassnode URPD snapshot quantifies it, highlighting that roughly one in five measured DOGE resides near ~$0.074 while close to one in ten sits near ~$0.20, bracketing a broad stretch of thin realized supply. For market participants, the takeaway is not a forecast, but a map: the route between those levels has fewer natural brakes.
At press time, DOGE traded at $0.198.
Michael Saylor’s latest push to steady Bitcoin holders arrived as markets wobbled this week. A 15-second clip and a fresh corporate buy were timed closely, and both landed while investors were still digesting a sharp pullback that pushed Bitcoin near $102,000 before a rebound.
According to a short cinematic video titled “Don’t Feed The [Bitcoin] Bears,” Saylor used a playful metaphor — “Ursus Bitcoinius, the Bitcoin Bear” — to urge holders not to reward bearish chatter.
Based on reports, Strategy, formerly MicroStrategy, also announced a purchase of 220 BTC for about $27.2 million. That move was presented as proof the company remains committed to its crypto holdings. Strategy’s total was reported at 640,250 BTC, valued at roughly $71.40 billion.
Don’t feed the ₿ears.pic.twitter.com/y57k5XGepj
— Michael Saylor (@saylor) October 15, 2025
Markets had slipped earlier after renewed US-China trade tensions. The drop forced liquidations and rattled traders. Bitcoin later recovered to about $111,500, but fear lingered.
The broader crypto market cap held near $3.8 trillion. Ether traded past the $4,100, BNB at $1,180 and Solana above $190. Dogecoin outpaced many majors with a 5% gain on the day and a 20% rise for the week.
On-Chain Notes And Sentiment ReadingsOn-chain analysts said the pullback looked orderly. Based on reports from CryptoQuant, the sell-off was a controlled deleveraging rather than a panic exit.
Sentiment trackers offered mixed signals; the Fear & Greed index sat near 37, while some risk measures showed readings closer to 34.
“The bears seem to have had their fill,” FxPro’s Alex Kuptsikevich said. That comment reflected a view that downside pressure may be easing, but it did not mean risk had vanished.
The combined message — public morale boost plus a buy — is designed to shore up confidence. Strategy’s purchases act as both an investment and a message to shareholders, who watch company holdings closely.
Reports show many traders now defend the $109,000–$110,000 range as a makeshift base that formed back in August.
Analyst Views And What To Watch NextTraders and analysts are watching headlines tied to geopolitical tensions and any fresh liquidation data. If risk aversion grows again, prices could test lower ranges.
Conversely, steady buying and calmer macro news could support continued gains. Liquidity in futures markets and the pace of new inflows will be key variables.
Public SignalsSaylor’s video won attention. So did the 220 BTC purchase. Both were public signals aimed at pushing sentiment away from fear.
The episode looked like a response to short-term turbulence rather than a definitive end to broader risks.
Investors will likely treat the actions as one piece of information among many as they decide whether to add or wait.
Featured image from Unsplash, chart from TradingView