
Avalanche Price Tests Key Support As Bearish Momentum Persists (Technical Analysis) Seeking Alpha
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As the crypto market braces for the next major uptrend, two names are drawing particular attention from investors and analysts alike — XRP, which appears to be entering its final Elliott Wave before a potential breakout, and BlockchainFX ($BFX), a new presale project positioning itself as the first multi-asset trading super app. While XRP’s chart suggests imminent movement toward another high, BFX’s fundamentals and timing may set it up to outperform as the best new crypto for 2025’s bull run.
According to leading market analyst STEPH IS CRYPTO, XRP’s chart is mirroring its 2020 setup, a period that preceded one of its most explosive rallies. Currently, XRP is consolidating between $2.7 and $2.9, forming what appears to be Wave 4 of the classic Elliott Wave pattern.
Technical support has held firm at $2.50, signaling strong accumulation beneath current price levels. Immediate resistance sits at $3.50, and the next key target zone lies around $5.00. Analysts note that declining volume during this phase isn’t a sign of weakness but rather a buildup of momentum, a hallmark of consolidation before an impulsive move.
If the pattern continues, Wave 5 could propel XRP well above the $5 threshold, potentially marking the beginning of its next macro uptrend. The combination of decreasing selling pressure, stabilizing support, and historical fractal repetition paints a bullish picture for XRP heading into the final quarter of 2025.
While XRP continues its technical build-up, BlockchainFX (BFX) is emerging as a powerful fundamental story in the presale market. The project has already raised over $9 million ahead of its $9.5 million soft cap, establishing one of the most successful early-stage launches of 2025.
BFX is more than just a token, it’s the core currency of a next-generation trading super app that connects crypto, forex, stocks, ETFs, and commodities under one decentralized roof. The tokenomics structure is built to generate passive income: 70% of trading fees are redistributed to holders through USDT staking rewards, daily buybacks, and token burns.
At its presale price of $0.027, compared to its launch price of $0.05, BFX offers investors early exposure to an exchange-backed ecosystem with high potential upside, similar to what BNB and OKB offered in their early days.
To reward early adopters, BlockchainFX is running a limited-time BLOCK30 bonus code, giving investors 30% additional tokens during the presale phase. Combined with 10% referral rewards, it creates a compelling opportunity for those looking to accumulate before the token lists on major exchanges like Uniswap and top-tier CEXs.
This early-bird advantage, paired with Bitcoin’s renewed rally and XRP’s upcoming technical move, positions BFX as one of the most strategically timed investments in the current market.
If XRP executes its fifth wave successfully, it could deliver strong mid-term gains. However, BFX, with its low entry price, expanding community, and deflationary design, offers far higher asymmetric upside, especially if the broader bull market accelerates after the expected liquidity surge.
In essence, XRP’s technical cycle represents the maturity of a legacy asset approaching its next breakout, while BFX represents the early-stage growth potential of an ecosystem still in price discovery. As XRP rides its Wave 5, BFX could begin its own “Wave 1” cycle, the phase where smart capital accumulates before exponential appreciation.
A potential scenario of best crypto to buy today:
For investors diversifying across established strength (XRP) and emerging opportunity (BFX), this pairing could deliver both stability and explosive growth within the same market cycle.
As technicals hint at a powerful rally for XRP and liquidity prepares to flow into crypto markets again, BlockchainFX (BFX) is positioning itself as the next generation of trading infrastructure tokens. XRP’s upcoming Elliott Wave breakout could lead the charge, but BFX’s real-world utility, yield-sharing model, and deflationary structure make it an equally compelling, and potentially much higher-upside, play.
With the BLOCK30 bonus code offering 30% extra tokens during presale, early investors have a rare chance to secure one of 2025’s most promising entries. In a market poised for a liquidity-led bull run, XRP may confirm the breakout, but BFX could define the best crypto to buy today.
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The cryptocurrency market is now on a heated momentum, showing great resilience across several digital…
Two New Jersey lottery players won a record-high $3.8 million Jersey Cash 5 jackpot on Tuesday, Oct. 7. It’s the 52nd time the lottery game has been won in 2025.
The New Jersey Lottery announced that the tickets sold in Camden and Monmouth counties matched the five numbers to split the $3.8 million, the highest Jersey Cash 5 prize ever. Each ticket is worth $1,908,863.
The winning tickets were sold at Liquor Mart on East Browning Road in Bellmawr and at a 7-Eleven on Pine Brook Road in Tinton Falls. Each retailer will receive a $2,000 bonus for selling the winning tickets.
The Jersey Cash 5 jackpot had not been won since Sept. 21, which ended a streak of three straight days the jackpot had been won.
“This was a fun run,” New Jersey Lottery Executive Director James Carey said. “We are used to seeing a jackpot hit at least once weekly. It was incredible to see it grow over these last two weeks.”
In addition to the jackpot-winning tickets, 26 tickets won $1,000 in Tuesday’s drawing.
The Jersey Cash 5 winning numbers for Oct. 7 were: 03-05-14-18-30. The XTRA was 03 and Bullseye: 30.
The New Jersey Lottery estimates the next Jersey Cash 5 jackpot at $150,000 for the Oct. 8 drawing.
Jersey Cash 5 is a daily lottery draw game from the New Jersey Lottery. Players pick five numbers between 1 and 45 and can add the Xtra for a chance to increase non-jackpot prizes by up to five times. The Bullseye gives players another chance to win. Drawings are held seven days a week at 10:57 p.m.
Starting today, firms can offer retail investors exposure to bitcoin and other crypto through ETNs traded on FCA-approved investment exchanges.
The U.K.’s Financial Conduct Authority (FCA) has officially lifted its four-year ban on retail access to bitcoin and crypto exchange-traded notes (cETNs).
Starting today, firms can offer retail investors exposure to bitcoin and other cryptoassets through ETNs traded on FCA-approved investment exchanges such as the London Stock Exchange or Cboe UK.
The change came into effect today after months of consultation and signals a more open — though still cautious — regulatory stance toward crypto.
“Since we restricted retail access to cETNs, the market has evolved, and products have become more mainstream and better understood,” said David Geale, executive director of payments and digital finance at the FCA. “In light of this, we’re providing consumers with more choice, while ensuring there are protections in place.”
Unlike exchange-traded funds (ETFs), ETNs are debt instruments that track the price of an asset rather than holding it directly. They allow investors to gain exposure to bitcoin through regulated markets without taking custody of the underlying crypto.
According to new research from IG Group, the U.K. crypto market could grow by as much as 20% following the introduction of retail-accessible ETNs. IG’s survey found that nearly a third of U.K. adults would consider investing in crypto via ETNs, with interest strongest among younger investors — about half of those aged 18 to 34.
“Crypto ETNs represent a significant step forward for the U.K. market, opening access to millions of investors who have previously been cautious or excluded,” said Michael Healy, IG’s U.K. managing director. “The ability to hold crypto within familiar, tax-efficient vehicles like ISAs and pensions is a real milestone.”
Analysts say the move brings the U.K. closer to peers such as the U.S., Canada, and the EU, where regulated crypto investment products are already available. However, experts warn that progress must continue if the country hopes to position itself as a true digital asset hub.
The FCA first banned the sale and marketing of crypto derivatives and ETNs to retail investors in January 2021, citing volatility, valuation concerns, and investor protection risks. The restriction was partially eased in 2024, when professional investors gained access to ETNs backed by bitcoin and ether.
That access expanded further in June 2025, when the FCA began consulting on lifting the retail ban — a process that culminated in today’s formal approval.
For now, the reintroduction of crypto ETNs for retail marks a milestone moment for the U.K. — one that could reignite its ambitions to become a leading global center for digital finance.
“ETNs are just one part of the puzzle,” IG’s Healy said. “To fully unlock crypto’s potential, the UK needs a proper regulatory framework – and it needs it fast, or we risk falling far behind global peers.”
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Bitcoin is on a winning streak, holding steady above $120,000. The hype is real, and it’s not just for show. But can it keep this up? With institutional interest and strategic buying leading the charge, things are looking a bit different this time around. Let’s dive into what’s fueling this rise and what it means for the world of business crypto payments and startups.
Here’s the deal. Bitcoin’s price surge is a cocktail of institutional adoption, macroeconomic factors, and some nifty tech advancements. The latest data shows that even with some minor corrections, the overall mood is cautiously optimistic. What’s even more telling is that Bitcoin’s net taker volume has bounced back from extreme bearish levels to neutral.
First off, there’s the institutional interest that’s kicking in. Traditional financial institutions are waking up to the potential of Bitcoin, and that’s giving it a boost. Major whale activity is back on the scene, with $11 billion in Bitcoin moved after a two-month break. Clearly, the big boys are back in town.
Also, market behavior is showing that profit-taking is happening in a disciplined manner, not a panic one. Binance data is showing the strongest buying surge since July, with Bitcoin being bought up at a rate of over $500 million per day for several days straight.
Now, here’s where it gets interesting. Bitcoin’s rise is not just a win for individual investors. It’s also a game changer for Small and Medium Enterprises (SMEs) in Europe.
With institutional investors diving into cryptocurrencies, the landscape of crypto banking is shifting. Startups are taking note. Cryptocurrencies are offering SMEs alternative funding options, especially in regions where traditional banking isn’t cutting it. Startups are now looking at crypto payroll solutions to mitigate risks tied to traditional currencies.
Integrating Bitcoin and stablecoins into their financial operations is an attractive diversification opportunity. Startups are exploring crypto payroll as a way to attract talent and get some financial flexibility.
But it’s not all smooth sailing. Bitcoin is still super volatile, and that could be problematic for SMEs, especially if they haven’t got a solid plan for managing these fluctuations.
There’s also the question of compensation uncertainty. If Bitcoin takes a nosedive between the time you get paid and when you spend it, your purchasing power might not be what you thought it was.
And let’s not forget about regulations. The crypto regulatory landscape is still under construction, and it can be a bit unpredictable. Any shifts could create compliance headaches for companies that are looking to manage crypto payroll.
Looking into the crystal ball, many think Bitcoin still has room to grow. Targets as high as $300,000 are on the table, as long as the fundamentals stay strong. The ongoing positive momentum suggests that Bitcoin’s rise is more about solid liquidity than just hype.
Market sentiment is shifting, and analysts are watching closely to see if Bitcoin can keep its momentum going. The trend of companies paying salaries in Bitcoin is gaining traction, and that’s not going unnoticed. As more businesses look into crypto payroll solutions, they’ll have to figure out how to weave cryptocurrencies into their financial fabric.
In summary, Bitcoin’s rise above $120,000 isn’t just another bump in the road. It’s being driven by solid market forces, but regulatory clarity is crucial for keeping this momentum going. For SMEs in Europe, there are opportunities and challenges to consider when it comes to crypto banking. With the landscape of crypto banking evolving, it’s going to be interesting to see how businesses adapt and thrive in this changing environment.
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Bitcoin stabilizes above $120K, driven by institutional interest and market dynamics. Explore its implications for SMEs and the future of crypto payroll.
As the S&P 500 reaches new heights, the cryptocurrency market experiences a surge in institutional interest and investment, reflecting a transformative financial landscape.
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THE NATIONAL Lottery results are in and it's time to find out who has won a life-changing amount of money tonight (October 8, 2025).
Could tonight's £2million jackpot see you handing in your notice, jetting off to the Bahamas or driving a new Porsche off a garage forecourt?
You can find out by checking your ticket against tonight's numbers below. Good luck!
Tonight’s National Lottery Lotto winning numbers are: 02, 21, 42, 48, 56, 57 and the Bonus Ball is 51.
Tonight’s National Lottery Thunderball winning numbers are: 13, 16, 23, 26, 39 and the Thunderball is 03.
The first National Lottery draw was held on November 19 1994 when seven winners shared a jackpot of £5,874,778.
The largest amount ever to be won by a single ticket holder was £42million, won in 1996.
Gareth Bull, a 49-year-old builder, won £41million in November, 2020 and ended up knocking down his bungalow to make way for a luxury manor house with a pool.
Sue Davies, 64, bought a lottery ticket to celebrate ending five months of shielding during the pandemic — and won £500,000.
Sandra Devine, 36, accidentally won £300k – she intended to buy her usual £100 National Lottery Scratchcard, but came home with a much bigger prize.
The biggest jackpot ever to be up for grabs was £66million in January last year, which was won by two lucky ticket holders.
Another winner, Karl managed to bag £11million aged just 23 in 1996.
The odds of winning the lottery are estimated to be about one in 14million – BUT you've got to be in it to win it.
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