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Crypto

Shiba Inu defies September bearish view; can it extend rebound on 'Uptober'?

Shiba Inu climbed 13.5 percent in September, posting its highest monthly return this year. Blockchain outlet U.Today reported the token drew investor interest after weeks of gains despite a brief dip. The market had expected September weakness, but Shiba Inu logged positive returns for a third straight month after gains in July and further increases in August and September. Attention is now on October and the so-called 'Uptober' seasonal rally.

Crypto

Bitcoin spot ETFs post $6.34 billion net inflows in third quarter, biggest this year

Bitcoin spot exchange-traded funds recorded net inflows of $6.34 billion in the third quarter, the largest quarterly total this year, Cointelegraph reported. Bitcoin rose 42.71 percent over the same period, its strongest third-quarter return since 2017. The funds had seen about $5.0 billion of net outflows in the second quarter. Ethereum spot ETFs posted $3.05 billion of net inflows, while XRP, Solana and Zcash spot ETFs also drew fresh money.

Crypto

Meme coins back in focus after September surge; what will drive the next rally?

Meme coins have quickly given back gains after a sharp September surge, shifting attention from price jumps to whether rallies can last. The rise is seen as driven less by coin-specific catalysts and more by bitcoin strength, short-position liquidations and a return of risk appetite. Analysts cited volume, open interest and bitcoin’s direction as key variables, warning that thin liquidity can amplify moves and reversals.