Binance News

According to BlockBeats, stablecoin concept stocks in the Hong Kong market experienced notable activity during the early trading session. Huajian Medical (01931.HK) and Yili Holdings (00076.HK) both saw increases of over 3%. Other stocks, including Delin Holdings (01709.HK), Jinyong Investment (01328.HK), and Standard Chartered Group (02888.HK), also followed with gains.

On Sep 29, 2025, 01:24 AM(UTC). According to Binance Market Data, BNB has crossed the 1,000 USDT benchmark and is now trading at 1,000.219971 USDT, with a narrowed 3.02% increase in 24 hours.

According to BlockBeats, the trader known as @qwatio, often referred to as an 'insider trader,' incurred a loss of $3.45 million during a market rebound this morning. To avoid liquidation, the trader closed their short positions on Bitcoin (BTC) and XRP.

Shortly after closing these positions, @qwatio reopened a short position on XRP. The previous position was opened at $2.71, while the new position was opened at $2.85, with a liquidation price set at $2.91. This new position is just 2% away from the current market price.

According to BlockBeats, spot gold prices have risen to over $3,780 per ounce, marking a daily increase of 0.52%. This development highlights the ongoing fluctuations in the precious metals market.

According to PANews, Hyperdrive has announced the full resumption of operations across all markets following a security incident last weekend. The company confirmed that funds in all affected accounts have been restored. The investigation revealed that the impacted trades were limited to the USDT0 main market and the liquidity pool market. The attack was identified as a sophisticated operation by a known threat actor linked to other high-profile protocol attacks. The investigation is ongoing, and more information will be released in due course. Affected users have been adequately addressed, and a comprehensive post-incident report is expected to be published in the coming days.

According to BlockBeats, the Firedancer team from Jump Crypto has proposed eliminating Solana's current computational limits. The proposal, known as SIMD-0370, suggests removing the fixed cap of 60 million computational units (CU) per block following Solana's significant Alpenglow upgrade later this year. Previously, there was a proposal to increase this limit to 100 million CU. This change aims to encourage validators to enhance their hardware, as those operating with lower-performance hardware will automatically skip processing oversized blocks.

On Sep 28, 2025, 23:29 PM(UTC). According to Binance Market Data, BNB has crossed the 990 USDT benchmark and is now trading at 990.340027 USDT, with a narrowed 2.24% increase in 24 hours.

According to PANews, a Bitcoin address that had been inactive for 11.9 years was activated on September 29, 2025, at 05:58 UTC+8. The address contained 400 BTC, which is currently valued at approximately $44.32 million. Back in 2013, the value of these Bitcoins was around $236,900. The activation of such long-dormant addresses often attracts attention due to the significant changes in Bitcoin's value over time.

On Sep 28, 2025, 22:52 PM(UTC). According to Binance Market Data, Bitcoin has crossed the 112,000 USDT benchmark and is now trading at 112,013.992188 USDT, with a narrowed 2.24% increase in 24 hours.

According to Foresight News, Bitcoin has risen above 111,000 USDT, currently trading at 111,045.44 USDT. The cryptocurrency has experienced a daily increase of 1.29%.

On Sep 28, 2025, 22:07 PM(UTC). According to Binance Market Data, Ethereum has crossed the 4,100 USDT benchmark and is now trading at 4,106.180176 USDT, with a narrowed 2.16% increase in 24 hours.

On Sep 28, 2025, 22:06 PM(UTC). According to Binance Market Data, Bitcoin has crossed the 111,000 USDT benchmark and is now trading at 111,316.28125 USDT, with a narrowed 1.61% increase in 24 hours.

On Sep 28, 2025, 16:08 PM(UTC). According to Binance Market Data, BNB has crossed the 980 USDT benchmark and is now trading at 980.140015 USDT, with a narrowed 0.44% increase in 24 hours.

On Sep 28, 2025, 15:55 PM(UTC). According to Binance Market Data, Bitcoin has crossed the 110,000 USDT benchmark and is now trading at 110,014.242188 USDT, with a narrowed 0.56% increase in 24 hours.

According to PANews, Derlin Holdings (01709.HK) has announced an agreement with Evergreen Wealth to acquire Bitcoin mining machines. The company has conditionally agreed to purchase 2,200 S21XP HYD Bitcoin miners for a total price of $21.85 million. The payment will be made through the issuance of convertible bonds worth $21.85 million, 40 million warrants, and 13.4425 million profit shares upon meeting certain profit conditions.

Additionally, Derlin Holdings has signed legally binding letters of intent with BM1 and BM2 to acquire an additional 1,900 S21e Hyd. and 1,095 S21e XP Hyd. mining machines. The total consideration for these transactions is $8.349 million and $10.8766 million, respectively. These transactions are subject to approval by a special shareholders' meeting and the Hong Kong Stock Exchange.

According to BlockBeats, renowned analyst PlanB has expressed confidence that the Bitcoin bull market is not yet over and is expected to continue. He anticipates a long-term stable upward trend without fear of missing out (FOMO) or crashes. PlanB noted that the market experienced a bull-bear transition point in June 2025, similar to previous transitions in October 2020, February 2017, and January 2013.

According to Cointelegraph, XRP has maintained its position above a crucial level in September, sparking optimism for a potential recovery in October. The cryptocurrency opened the month trading around $2.77, following a 14% decline over the previous two weeks. Analysts emphasize the importance of holding above the $2.75 mark, which aligns with the lower boundary of a symmetrical triangle pattern on the daily chart. Maintaining this level could pave the way for a breakout above the descending trendline at $2.86, potentially leading to a bullish target of $3.62.

The Glassnode distribution heatmap highlights significant demand between $2.75, where approximately 1.58 billion XRP were acquired, underscoring the importance of this price level. However, a supply wall around $2.81, reinforced by the 100-day simple moving average (SMA), may hinder short-term recovery efforts. A drop below $2.75 could trigger a sell-off towards $2.00, the bearish target of the symmetrical triangle. Analyst Hardy noted in a recent post that XRP remains in a bullish consolidation, with upside potential as long as the price stays above the $2.72-$2.75 range. Fellow analyst XForceGlobal added that prolonged consolidation around $2.75 could strengthen the breakout, with targets of $20-30 still in play.

Historically, October has been challenging for XRP, with the cryptocurrency closing in the red for seven of the past twelve years, averaging returns of -4.58%. However, November typically marks a turnaround, making the October-December period the most favorable quarter for XRP rallies, with average gains of 51%, according to Cryptorank data. Notably, XRP experienced a 240% rally in Q4/2024 and a 20% increase in Q4/2023. The most significant surge occurred in 2017, with gains of 1,064% between October 1 and December 1. Despite occasional bear cycles, the last quarter consistently delivers substantial price movements, suggesting a potential reversal in Q4/2025, possibly starting mid-October.

The upcoming focus on XRP ETFs could further boost the cryptocurrency's rally, with several SEC deadlines approaching in mid-October. Franklin Templeton's XRP ETF decision has been postponed to November 14, while REX/Osprey's XRPR launched on September 18, recording nearly $38 million in first-day volume. Grayscale's decision is anticipated on October 18, with other key deadlines falling between October 19 and October 25. Analysts predict streamlined SEC standards and post-Ripple lawsuit clarity could lead to a 100% approval rate by December 31, potentially unlocking $4–$8 billion in first-year inflows. However, market participants caution that this event may already be partially priced in, posing a risk of approvals turning into a "sell the news" scenario. Readers are reminded that this article does not offer investment advice, and all trading decisions should be made based on individual research and risk assessment.

According to BlockBeats, CryptoQuant analyst Axel Adler Jr has released a weekly summary of Bitcoin's market trends for the fourth week of September. The analysis highlights a decline in leverage among bullish investors, a cooling of funding rates, and weak inflows of stablecoins and ETFs. Bitcoin attempted to break through $115,000 but quickly fell back, dropping below $114,000 and reaching a low of $108,600. Recently, it has been fluctuating narrowly between $108,800 and $109,800 with low trading volume. The market has stabilized after selling pressure, but the descending high structure remains unbroken.

Key resistance is identified between $111,000 and $112,000. A breakthrough and stabilization in this range could restore buying momentum, targeting $114,000 to $115,400. Local support is noted between $108,600 and $109,000, maintaining neutrality if held, with a potential quick rebound if breached without significant impact. Strong support lies between $106,000 and $105,000, with a drop below $108,600 possibly accelerating towards this range, deepening the correction.

The conclusion is that market sentiment is neutral to bearish. A bullish outlook requires breaking through $112,000 and sustaining positive momentum for several days; otherwise, a retest of $108,600 is possible, with risks extending to $106,000 to $105,000. Options analysis indicates Bitcoin's maximum pain point has decreased to $113,000, with an expiration date of October 3, 2025. Bullish options show a slight upward bias between $120,000 and $126,000, while bearish support between $108,000 and $111,000 is weaker. In a low volatility environment, the market tends to revert to the mean around $113,000, with consolidation expected near this level before expiration.

According to PANews, Ethereum (ETH) has recently dropped below the $4000 mark, currently trading at $3998.04 per coin. This represents a daily decrease of 0.51%.

According to BlockBeats, on-chain data analyst Murphy has suggested that if Bitcoin's fluctuations since August 13 are viewed as a major trend adjustment, the adjustment may not yet be complete. So far, all losses have been attributed to short-term holders, while long-term holders have not contributed to the losses, maintaining a 0% loss ratio. From this perspective, the current situation does not align with the most panic-driven moments of a downward trend.

On-chain data indicates that the point at which long-term holders might experience panic is not far off. The highest holding cost for long-term holders is approximately $106,000, but they possess limited assets. As Bitcoin enters the $97,000 to $106,000 range, an increasing number of long-term holders are likely to enter a loss state, potentially marking the bottom of a trend correction. This analysis is intended for educational purposes and should not be considered investment advice.