$BTC could soar to nearly $500,000 by October 2025 if #Bitc | CrypticNews Hub على Binance Square

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$BTC  could soar to nearly $500,000 by October 2025 if #Bitcoin repeats its performance from the last market cycle.

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إخلاء المسؤولية: تتضمن آراء أطراف خارجية. ليست نصيحةً مالية. يُمكن أن تحتوي على مُحتوى مُمول. اطلع على الشروط والأحكام.

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According to on-chain analyst Yu Jin, the Golem network has transferred an additional 3,000 ETH to trading platforms such as Binance, Bitfinex, and Coinbase in the last half-hour. Over the past 39 days, they have transferred a total of 42,000 $ETH ($133.02 million USD) to exchanges and still hold approximately 225,500 #ETH ($698.6 million USD) raised through the ICO in 2016.

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Evening news from CrypticNews Hub 1. Options on BTC and ETH with a nominal value of over $1.797 billion will expire and be settled on Friday; 2. Trading volume on the Solana DEX network yesterday exceeded $2.46 billion, ranking first for four consecutive days; 3. Frumtak Ventures has raised $84 million for its fourth fund, specializing in the intersection of software, artificial intelligence, and deep technology; 4. Binance will support the token swap of Render (RNDR) and rebranding to Render (RENDER); 5. Addresses related to the CRV/ETH attack transferred 1,500 ETH to Tornado Cash; 6. Matrixport: Approval of an #Ethereum ETF seems inevitable, and this time the market may not see "sell the news"; 7. Binance collateral loans (current interest rate) and VIP loans have added TAO, ZRO, LISTA, and other loanable assets; 8. Binance will delist spot trading pairs ALGO/ETH, DYM/FDUSD, SXP/BNB; 9. In the last 2 hours, one of the "smart" money addresses transferred 2,384 $ETH to the Bybit exchange and 280.7 WBTC to the CEX exchange; 10. A German government address transferred 5,103 BTC in the last 15 minutes, equivalent to approximately $299 million USD; 11. The total TVL of the prediction market sector exceeded $77 million USD, setting a record high; 12. A German government address transferred 750 BTC to a suspected B2C2 Group address; 13. Hearings on digital commodity regulation and a cryptocurrency roundtable will be held in the US this evening; 14. Ethereum's throughput exceeded 25 million gas/s, which is 3 times more than at the beginning of the year and 25 times more than at the beginning of 2021; 15. Addresses related to Flowdesk withdrew $2 million ZRO from Binance and Bybit; 16. K33 Research: #BTC and #ETH reached the 200-day moving average for the first time since October 2023; 17. A German government address transferred 3,000 BTC to Flow Traders; 18. A German government address transferred another 1,375 BTC; 19. The $BTC balance on the German government address decreased to $806.99 million USD.

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The exchange flow multiplier (30D/365D) has fallen to its lowest level. This is happening for the fifth time in the last six years. The most accurate term for this market situation is a "waiting period."

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Analyst: The supply of 10-100 $BTC has shown growth recently, but it is difficult to call this accumulation significant enough to impact the price. The real accumulation occurred at the 17-20K level and after the ETF launch at the 40-66K level. The 40K level could become a good stress test point for newcomers.

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The Labour Party's victory in the UK elections has renewed optimism in the crypto industry due to its promise to make the UK a global leader in tokenization.

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