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
For a few surreal moments on Oct. 15, the Ethereum blockchain seemed to host the financial equivalent of a dream.
Paxos, the issuer behind PayPal’s stablecoin PYUSD, accidentally minted $300 trillion worth of tokens, which is roughly 300 times the global GDP, before burning them just as fast.
The minting, visible on Ethereum’s public ledger, sent analysts, traders, and bots into overdrive.
Within minutes, Paxos confirmed the incident resulted from an internal operational error, not a hack. The firm said no user funds were impacted.
Still, the sheer number involved in the mistake made “PYUSD” the most discussed coin in crypto for 24 hours straight. Blockchain analytics firm Santiment reported thousands of mentions per minute as social media reacted in disbelief.
Blockchain security firm Quill Audits traced the mishap to the token’s contract structure.
According to the security firm, the PYUSD contract gave one externally owned address (EOA) unrestricted minting and burning rights with no rate limits, amount caps, or multi-party approvals.
It added that the single key executed three transactions in quick succession: minting $300 trillion PYUSD, burning it, and then minting another $300 billion.
Considering this, Quill Audits concluded that:
“This suggests a backend system bug or a catastrophic human error— or all two.”
Meanwhile, Sam Ramirez, lead engineer at Argentum, suggested that Paxos initially meant to transfer 300 million PYUSD between wallets but mistakenly burned it.
According to him, the attempt to restore those tokens allegedly resulted in the 300-trillion overmint.
The Paxos mistake might have been harmless, but its implications aren’t. Over $300 billion in stablecoins now circulate globally, moving billions daily across Ethereum, Solana, and Tron.
At that scale, even a single automation error could cascade through decentralized lending protocols, liquidity pools, and payment rails. Notably, the error resulted in Aave, the largest DeFi protocol, freezing PYUSD transactions.
Considering this, the glitch has reignited debates about how stable collateralization should work.
Unlike algorithmic stablecoins, asset-backed tokens such as PYUSD rely on off-chain reserves, such as US Treasuries and cash equivalents held in the issuer’s custody, to maintain their peg.
Critics argue that the ability to mint new tokens without immediate proof of collateral contradicts the entire model.
Chainlink’s Zach Ryan argued that the event could have been prevented altogether with Proof of Reserve (PoR) checks built directly into minting contracts. He said:
“This prevents ‘infinite mint attacks’ where a massive amount of unbacked tokens are minted, putting at risk all the markets that list and support the token.”
Chainlink is an Oracle blockchain network that acts as a secure bridge between blockchains and external, real-world data.
Moreover, the incident has shed light on why financial regulators have recently become significantly interested in the emerging sector.
Like Federal Reserve Governor Christopher Waller recently pointed out in a September speech, digital payment systems must be “hardened against misuse, with redundancy and safeguards that match the scale of global payments.”
He wasn’t speaking about Paxos specifically, but the message fits. The infrastructure now underpinning billions in daily settlements cannot rely on goodwill or reaction speed alone.
The post The day $300 trillion appeared and then vanished on Ethereum appeared first on CryptoSlate.
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.
Welcome to the US Crypto News Morning Briefing—your essential rundown of the most important developments in crypto for the day ahead.
Grab a coffee and take a deep breath because the markets are flashing signals not seen in decades. Gold is soaring past records, and analysts are split on whether this is the calm before a massive correction or the beginning of a generational bull run
The gold market is entering uncharted territory, and traders are divided on whether this is peak euphoria or the early stage of a historic supercycle.
Bank of America has lifted its gold target to $5,000 per ounce and silver to $65, citing rising stagflation risks, persistent US fiscal deficits, and deepening geopolitical tensions.
The move comes as gold’s monthly Relative Strength Index (RSI) surges to 92.2, the most overbought level ever recorded.
According to data shared by Walter Bloomberg, gold-backed ETF purchases jumped 880% year-over-year in September, reaching a record $14 billion in inflows.
This aligns with a recent US Crypto News publication reporting record-breaking flows defining the 2025 ETF boom.
Bank of America’s research warns that persistent inflation from deglobalization, uncertainty around Federal Reserve independence, and mounting US fiscal stress could keep the rally alive for another 12–18 months.
However, the bank expects short-term consolidation, with risks including a hawkish Fed pivot, Trump tariff rulings, and US midterm election outcomes.
Market veterans like JPMorgan CEO Jamie Dimon have added to the frenzy, saying gold could easily go to $5,000, even $10,000 in the current environment.
“This is one of the few times in his life when it’s semi-rational to own some,” Wall Street Gold reported, citing Dimon.
Meanwhile, technical analysts and traders are sounding alarms as charts turn parabolic. Michael van de Poppe described the surge as the biggest bull run in gold history.
At the same time, sentiment surveys suggest gold may still be under-owned despite its explosive rally.
According to the Kobeissi Letter, 43% of global fund managers now see “Long Gold” as the most crowded trade, up from near zero a year ago.
Yet, the average institutional allocation to gold is just 2.4%, close to an all-time low.
“Gold is going mainstream,” the Kobeissi Letter wrote, hinting that Wall Street may still have room to join the rally.
Still, skeptics like veteran trader Toby Cunningham warn retail investors against chasing momentum.
“The masses love buying when prices are high. We sell to the masses, not the other way around,” he said.
The market sits at a psychological crossroads as gold hovers near record highs. It is either facing a short-term blow-off top or entering a decade-long revaluation driven by global instability.
With stagflation risk and safe-haven demand surging simultaneously, the metal once dismissed as “boring” may now be rewriting the rules of macro investing.
Long Gold is now the most crowded trade for the first time since June, according to Bank of America’s Global Fund Manager Survey, with 43% of respondents citing it as their top position, surpassing “Long Magnificent 7” and “Short US Dollar
Here’s a summary of more US crypto news to follow today:
Company | At the Close of October 15 | Pre-Market Overview |
Strategy (MSTR) | $296.76 | $300.19 (+1.16%) |
Coinbase (COIN) | $336.30 | $340.00 (+1.10%) |
Galaxy Digital Holdings (GLXY) | $41.92 | $42.45 (+1.26%) |
MARA Holdings (MARA) | $22.84 | $23.12 (+1.23%) |
Riot Platforms (RIOT) | $22.13 | $22.31 (+0.81%) |
Core Scientific (CORZ) | $19.94 | $19.99 (+0.25%) |
The post Bank of America Sets New Gold Target as RSI Hits Record High | US Crypto News appeared first on BeInCrypto.
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.
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