Author: Digicoinvision

Ethereum and Solana experienced significant losses this week, each down more than 10%. These declines have disrupted what many investors hoped would be a rare green September in the crypto market. However, with October approaching and boasting a phenomenal track record in previous years, traders might not have to wait long for a rebound. October is often called “Uptober” due to its tendency to produce strong gains. But it’s not just October seasonality fueling a positive outlook right now; ETH and SOL have promising fundamentals that signal the coming October might be the best in years. That said, seasoned traders…

Jiuzi Holdings is moving into the crypto space with a massive $1 billion investment policy.  The company announced Wednesday that its board has formally approved a ‘Crypto Asset Investment Policy,’ authorizing up to $1 billion of cash reserves to be deployed into cryptocurrencies under a structured risk framework. The company said the new policy comes with strict guardrails. The board has capped potential purchases at $1 billion and, at least initially, will limit allocations to Bitcoin and other crypto. Any expansion into other digital assets would require additional board approval. The company also stressed it will not self-custody its holdings,…

XRP contracts by 6% in a week after failing to break the psychological barrier at $2.80. The bearish performance erased over $18B in value as a result of heavy selling, much of which took place yesterday. A failure to maintain the $2.75 support level could cause a crash to $2.70, further fueling the bear sentiment. The dire performance comes despite the recent inclusion of XRP, alongside Bitcoin, Ether, Solana, and Stellar, in the Hashdex Nasdaq Crypto Index US ETF, the ‘first multi-asset spot crypto ETP in the United States’. However, this bearish sentiment may be misplaced and a strong correction…

Ethereum ETFs have suffered another day of outflows, dragging ETH below the key $4,000 mark as institutional sentiment turns bearish. Summary Ethereum ETFs posted outflows reaching $251 million on Sept 25, the largest single-day redemption this week, reflecting sharp institutional pullback. Fidelity’s FETH fund accounted for over 60% of the day’s losses, with $158 million withdrawn. ETH price has dropped to $3,900, currently testing support around $3,800. Ethereum ETFs recorded net outflows of $251.20 million on Sept. 25, marking the fourth consecutive day of withdrawals. Per SoSoValue data, the bulk came from Fidelity’s FETH fund, which saw $158 million leave…

M2 Capital, the investment arm of UAE-based M2 Holdings, invested $20 million in ENA, the governance token for Ethena, a crypto-native synthetic dollar protocol built on Ethereum. M2 Holdings, a conglomerate with digital asset exposure across custody, investment and wealth management, plans to integrate Ethena (ENA) products into client offerings through its affiliate, M2 Global Wealth Limited, according to a Thursday announcement. “M2’s investment in Ethena marks another important step forward for the Middle East’s most sophisticated digital asset investors,” said Kim Wong, managing director and head of treasury at M2 Holdings.Ethena joins M2’s growing list of strategic bets, which…

Pravica CEO Mohamed Abdou highlights Egypt’s evolving blockchain stance, praising a shift from skepticism to curiosity. High-Level Participants Discuss Practical Use Cases The recent closed-door forum on blockchain utility in Egypt marks a potential turning point in policy and underscores the power of open dialogue in building trust, according to Mohamed Abdou, founder and CEO […]

Drivers of Bitcoin’s valuation in 2025 Bitcoin has already achieved major highs that very few thought possible. The ink on the current drivers of its all-time high is still wet.One of the major catalysts was the introduction of spot Bitcoin exchange-traded funds (ETFs) in early 2024, such as BlackRock’s iShares Bitcoin Trust ETF. By mid-2025, US Bitcoin ETFs had amassed $14.8 billion in net inflows, with BlackRock’s ETF alone raising over $1.3 billion in just two days. In addition, US President Donald Trump’s executive order to establish a Strategic Bitcoin Reserve in March 2025, capitalized with approximately 200,000 Bitcoin (BTC), sent…

Key Takeaways Why has WLD dropped by 60% from its recent peak?  Broader weak sentiment has dragged WLD lower on the charts.  Is a price recovery likely?  People have been buying the dip. Hence, a rebound could be feasible if the broader market sentiment improves.  Worldcoin [WLD] has erased nearly 60% of its September gains amid the broader market’s bearish sentiment. This, after the altcoin rallied by 2x following a treasury firm announcement backed by Fundstrat’s Tom Lee.  While it jumped from $1 to over $2.2, it has since dropped by 60% to $1.2 at press time. In fact, the pullback…

Bitcoin could be headed for a deeper correction as cumulative realized long-term holder profit taking has now reached levels seen in previous market cycle tops, according to onchain analysis.Long-term holders realized 3.4 million Bitcoin (BTC) in profit, and exchange-traded fund inflows have slowed, according to Glassnode, a sign of “exhaustion” after the Federal Reserve cut rates last week. Bitcoin has now fallen below key support levels at around $112,000, hitting a four-week low of $108,700 on Coinbase in late Thursday trading, according to TradingView. It has yet to fall back to $107,500, as it did on Sept. 1, but analysts say it…

Ethereum co-founder Jeffrey Wilcke could be looking to sell some of his Ether holdings after sending around 1,500 ETH to crypto exchange Kraken on Thursday. Wilcke sent 1,500 Ether (ETH), worth around $6 million, to the crypto exchange, according to onchain analytics platform Lookonchain. It came as the price of Ether dropped from $4,000 to around $3,900.Source: LookonchainMoving cryptocurrency to an exchange deposit address does not guarantee it is being sold. In August, Wilcke had deposited $9.22 million worth of ETH to Kraken. He had previously sent $262 million worth of ETH to Kraken. At the time, Lookonchain speculated that he likely…