Grok, DeepSeek outperform ChatGPT, Gemini with epic crypto market long

Crypto analyst Cantonese Cat has drawn attention to the current Dogecoin price action, making comparisons with the 36,000% rally recorded in the last cycle. Meanwhile, crypto analyst Ghost has also provided a bullish outlook for the meme coin, predicting it could still rally to $1. 

How The Current Dogecoin Price Action Differs From Last Cycle

In an X post, Cantonese Cat highlighted some differences between the current Dogecoin price action and that from the last cycle, when it recorded a 36,000% rally. The analyst noted that the last cycle was an anomaly because DOGE punched through the ‘Superlchi’ cloud without ever back-testing it that cycle and just went on its massive run.

Cantonese Cat then went on to mention that the Dogecoin price has punched through this Superlchi cloud in this cycle and claimed it from resistance to support. However, unlike in the previous cycle, DOGE has back-tested this level for more than half a year and has established it as good support. 

The analyst revealed that the most recent back-test happened this month, with a huge wick showing demand. Cantonese Cat explained that this is more consistent with what generally happens during a bull market and asserted that DOGE still has its bullish market structure. The analyst’s accompanying chart showed that $0.18 is the key level that DOGE needs to stay above to maintain this structure. 

Crypto analyst Ghost also indicated that the bull market structure was still intact for the Dogecoin price. This came as the analyst highlighted a ‘Parabolic Arc,’ which they noted is still intact and predicted that the target for DOGE in this cycle is the psychological $1 level. 

A Rebound For DOGE May Be On The Horizon

Crypto analyst Ali Martinez stated that the Dogecoin price wants to rebound and that the key targets are $0.29, $0.45, and $0.86. This follows DOGE’s recent crash below the $0.2 level amid the broader crypto market decline. This has occurred due to rising trade tensions between the U.S. and China with the Trump tariffs. 

Meanwhile, crypto analyst Trader Tardigrade stated that a double bottom is on the way for the Dogecoin price. He added that a catalyst is needed to ignite this next move up for DOGE. A potential catalyst could be the imminent rate cut, with the Fed expected to lower rates at next week’s FOMC meeting. Trump is also set to meet China’s President Xi Jinping, which could ease trade tensions and potentially lead to a trade deal between the two countries.

At the time of writing, the Dogecoin price is trading at around $0.2, up over 5% in the last 24 hours, according to data from CoinMarketCap.

Dubai, United Arab Emirates, October 20th, 2025, Chainwire

Bybit, the world’s second-largest cryptocurrency exchange by trading volume, is excited to announce the strategic rebrand of Bybit Web3 to Bybit Alpha to better reflect its vision and continuous innovation in the evolving on-chain landscape. Reimagining the CeDeFi experience and delivering alpha returns, Bybit Alpha brings together the power of DeFi and the simplicity and security of Bybit.

• A Powerful Alpha Radar: Unlocking early access to emerging projects with fast discovery and screening of trending community tokens and innovative assets. Users stand to enjoy the benefit of same-day listing on Bybit Alpha
• Rigorous Token Selection: A strict listing process to help more high-quality, alpha-generating digital assets reach users
• Simplified Trading and Unified Asset Management: Trading on-chain assets directly all in one Bybit account
• Intuitive Interactive Interface: Native integration in the Bybit app and web including homescreen widgets, powerful search and a simple order flow

Frictionless Alpha Hunting

With Bybit Alpha’s unique advantages, users can access the Solana on-chain ecosystem directly through the Bybit app or web portal—no separate wallet setup required, no gas token management, zero complexity. By leveraging Bybit's Unified Trading Account (UTA), traders can freely navigate between centralized and decentralized opportunities within a single, secure platform.

Since the relaunch of Bybit Web3 in August, the new model has diversified the ways centralized exchanges can open up access to high-potential tokens for traders. With rapid listing of trending tokens, capturing the millisecond surges of emerging projects, Bybit Alpha is built on recent successes: 

• TUNA marked the first coordinated listing of Bybit Spot and Bybit Alpha (formerly Bybit Web3), driving a 650% increase in Bybit Alpha traffic and 56% market share on launch day
• The first-in-market Web3 listing of WLFI amplified the upside of the token’s day zero surge, with Bybit Alpha (formerly Bybit Web3) empowering traders with a 30-minute advantage ahead of WLFI’s spot listings

To herald in the Alpha era, Bybit will also introduce a limited-time Bybit Alpha Referral Program soon. Eligible users may sign up for the challenge and enjoy airdrop bonuses with their friends. The rewards are subject to terms and conditions. 

Further down the roadmap, Bybit Alpha will be pioneering Concentrated Liquidity Market Maker (CLMM) functionality directly within the UTA account by the end of 2025. With the new feature, users will be able to stake assets and earn liquidity staking yields without connecting external wallets.

The rebrand to Alpha signals Bybit's long-term commitment to bridging centralized and decentralized finance. By combining institutional-grade security with retail-friendly simplicity, Bybit Alpha empowers every user, regardless of technical expertise, to capture alpha opportunities.

To learn more about Bybit Alpha, users may visit: Bybit Alpha: The evolution of on-chain trading

#Bybit / #CryptoArk / #BybitAlpha

About Bybit

Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving a global community of over 70 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open, and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com.

For more details about Bybit, please visit Bybit Press

For media inquiries, please contact: media@bybit.com

For updates, please follow: Bybit's Communities and Social Media 

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Contact

Head of PR

Tony Au

Bybit

tony.au@bybit.com

An Ethereum core developer has concerns about the growing influence of venture capital firm Paradigm within the Ethereum ecosystem, warning that their influence “within Ethereum could become a relevant tail risk for the ecosystem.”

The developer, known as “Fede’s intern” on X, highlighted Paradigm’s strategic positioning across multiple fronts, including hiring top researchers, funding critical open-source libraries, and launching Tempo, a competing layer-1 blockchain with Stripe.

The concerns intensified following the of longtime Ethereum Foundation researcher Dankrad Feist to Tempo, which raised $500 million at a $5 billion valuation from traditional finance firms.

As of March this year, Paradigm manages $12.7 billion in assets. It has emerged as the top-performing crypto venture capital firm over the past year with an 11.80% performance metric, according to Kaito AI.

The firm has invested heavily in Ethereum infrastructure, including leading a $40 million funding round for Etherealize and backing Reth, a Rust-based execution client.

I’ve been saying for the past two years that the influence of within Ethereum could become a relevant tail risk for the ecosystem. I believe this will become increasingly clear to everyone in the months ahead.Some people think I have a personal issue with them. I… — Fede’s intern 🥊 (@fede_intern)

Paradigm co-founder Matt Huang was appointed CEO of Tempo while retaining his role at the firm, creating what some view as potential “conflicts of interest”.

The developer acknowledged Paradigm’s contributions to the community but emphasized “the sole objective of venture funds is to maximize returns for their LPs.”

He noted that after Paradigm’s failed FTX investment, “they removed most references to crypto and pivoted heavily toward AI,” as evidence of corporate priorities potentially misaligning with Ethereum’s long-term vision.

In response, his team created Ethrex, an alternative Rust execution client, to reduce dependency on Paradigm-controlled infrastructure.Growing Open-Source Co-option Fears

Tempo has assembled a significant team of Ethereum talent, including Dankrad Feist, who contributed to the network for seven years as a researcher focused on zero-knowledge proofs and scalability solutions.

The blockchain announced its $500 million funding round from Greenoaks and Thrive on the same day as Feist’s departure announcement.

Known equity holders include Stripe, Paradigm, Greenoaks, SV Angel, Thrive, Ribbit, and Sequoia, with no community ownership stake disclosed.

Tempo positions itself as a high-performance layer-1 designed for stablecoin issuance and large bank-to-bank payments, capable of running Ethereum-compatible code without relying on Ethereum itself.

Team members claim that the project will expand the market for all cryptocurrencies and ultimately benefit Ethereum, although critics remain skeptical.

One analyst noted that Tempo exists to intercept trillions of dollars in predicted stablecoin flows onto a privately owned blockchain, rather than Ethereum’s open infrastructure.

🚀 , a prominent crypto venture capital firm, has urged Ethereum developers to speed up protocol upgrades to adapt to changing market demands. — Cryptonews.com (@cryptonews)

The recruitment wave follows Paradigm’s January call for Ethereum to accelerate protocol upgrades and adopt a more agile innovation approach.

The firm argued that Ethereum implements only one major protocol change per year, despite having vast resources, and urged developments such as native rollups and improved wallet infrastructure.

Ethereum layer-2 executives agreed to prioritize such enhancements on the same day as Paradigm’s blog post was published.Corporate Influence Raises Governance and Decentralization Questions

The Ethereum core developer expressed concern that “when corporations gain too much legibility and influence over open source projects, priorities start to drift away from the community’s long term vision and toward corporate incentives.”

He emphasized that Bitcoin and Ethereum remain “unique because they represent philosophical and political movements larger than any corporation.”

The developer warned of “hidden costs and risks of governance lock in disguised as freedom,” particularly as Rust becomes dominant for critical infrastructure with zero-knowledge proofs entering layer-1.

Paradigm has maintained board representation at Stripe through Matt Huang while simultaneously investing in competing infrastructure and hiring Ethereum’s top talent.

The firm previously incubated projects like Foundry and Artemis, but Tempo represents a new level of involvement with a major fintech player.

He argues that this creates governance lock-in risks disguised as freedom, particularly as Rust becomes dominant for critical infrastructure, with zero-knowledge proofs entering layer 1.

🚀 introduces GKR protocol verifying 2M calculations per second reducing proof work from 100x to 10-15x as Ethereum launches 47-member Privacy Cluster. — Cryptonews.com (@cryptonews)

The concerns emerge as Ethereum pursues greater privacy and decentralization.

Co-founder Vitalik Buterin recently published research on GKR, a cryptographic technique that can accelerate Ethereum verification.

Meanwhile, the Foundation also launched a 47-member Privacy Cluster aimed at making the network private by default.

DUBAI, UAE, Oct. 20, 2025 /PRNewswire/ -- Bybit, the world's second-largest cryptocurrency exchange by trading volume, is excited to announce that the Bybit Card has been recognized by Mastercard, the global leader in payment technology, as the Best Performing Crypto Card at EDGE 2025.

Mastercard hosted the fourth edition of EDGE, its flagship forum shaping the future of payments across EEMEA. The event convened senior global executives from diverse industries to examine emerging opportunities across payments, digital infrastructure, and consumer trends. Under the theme 'Commerce: De-Coded', EDGE 2025 explored how innovations like agentic AI, embedded finance, tokenization, and stablecoins transformed global commerce and accelerated fintech evolution.

Bybit Card: A Fast Pass to the Future of Crypto Payment

Since its launch in 2024, the Bybit Card has accumulated over two million cardholders worldwide. Distinguishing itself by seamlessly integrating cryptocurrencies with traditional payment rails, the Bybit Card supports digital asset holders' everyday needs and prioritizes a rewarding experience for its community. Through generous rewards tracks, exclusive partnerships across utility to culture, and innovative solutions, the Bybit Card enables users to convert and spend their digital assets at millions of merchants worldwide in the Mastercard network.

"We are honored to receive this award from Mastercard, a global leader in financial innovation and a trusted partner in payment technology. The recognition validates Bybit's vision to make crypto freedom a reality and digital assets more accessible for everyday users," said Sophie Chen, Head of Marketing at Bybit Card and Pay. "The Bybit Card demonstrates the potential of digital assets in a connected world. EDGE 2025 brought together the companies actively building this infrastructure, and we're focused on ensuring crypto users have the same seamless payment experience as traditional cardholders."

This recognition comes as the payments industry undergoes rapid transformation through embedded finance, tokenization, and AI-driven commerce solutions.

Mastercard's own innovation demonstrates this accelerating shift. Nearly half of all Mastercard online transactions in Europe are now tokenized, on track towards its goal of 100% by 2030. In the AI-commerce space, industry reports suggest AI assistants may handle 20% of eCommerce activities in 2025, underscoring the critical importance of secure, intelligent payment infrastructure like that recognized in the Bybit Card.

https://mma.prnewswire.com/media/2800325/Left_Mete_Guney_Executive_Vice_President_Market_Development_Eastern_Europe.html

Best Performing, Most Loved

The Bybit Card enables cryptocurrency holders to spend their digital assets in real-world scenarios with ease, offering instant conversion, competitive rates, unique user benefits, and acceptance at millions of Mastercard merchants globally.

Key Features of the Bybit Card:

• Crypto convenience: seamless fiat-to-crypto spending, and cash withdrawals from supported ATMs around the world with the physical card available to Mastercard holders.
• No annual fees and up to 8% APR on balances.
• Year-round perks: 100% rebates on subscriptions including Netflix, Spotify, and selected AI tools, airport lounge access, and other benefits refreshed seasonally.
• Multi-asset transactions and cashback: supporting transactions in BTC, ETH, XRP, TON, USDT, USDC, MNT, and BNB; cashback options in USDC, USDT, BTC, and AVAX, with more options on the way.

#Bybit / #CryptoArk / #BybitCard /#IMakeIt

About Bybit

Bybit is the world's second-largest cryptocurrency exchange by trading volume, serving a global community of over 70 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com.

For more details about Bybit, please visit Bybit Press 

For media inquiries, please contact: media@bybit.com

For updates, please follow: Bybit's Communities and Social Media

Discord | Facebook | Instagram | LinkedIn | Reddit | Telegram | TikTok | X | Youtube

https://mma.prnewswire.com/media/2267288/Logo.html

The crypto market is up today, with the global cryptocurrency market capitalization increasing by 3.0% to reach $3.85 trillion, according to CoinMarketCap data. Meanwhile, the total crypto trading volume in the past 24 hours has climbed to $160 billion, indicating renewed momentum across major digital assets.

TLDR:

• The global crypto market cap is up 3.0% to $3.85 trillion;
• 7 of the top 10 coins are in the green;
• BTC rose 0.4% to $110,796, while ETH gained 0.1% to $4,039;
• Analysts say Bitcoin’s slow recovery is due to “good old-fashioned sellers”;
• NoOnes CEO Ray Youssef says Ethereum is in a “cooldown phase”;
• Fear & Greed Index dropped to 30 (Fear);
• US BTC ETFs saw $366.6M outflows;
• US ETH ETFs posted $232.3M outflows;

Crypto Winners & Losers

At the time of writing, 7 of the top 10 cryptocurrencies by market capitalization have posted gains over the past 24 hours.

Bitcoin (BTC) rose 0.4% to $110,796, extending its weekly gain to 3.5% and maintaining a market cap above $2.2 trillion.

Ethereum (ETH) followed closely, up 0.1% in the past day and 3.6% on the week, trading at $4,039.

Binance Coin (BNB) posted one of the stronger moves, up 0.5% to $1,119, while Solana (SOL) gained 0.3% to $192.83, holding firm above the $190 mark.

XRP (XRP) climbed 0.3%, changing hands at $2.46, and TRON (TRX) was up 0.1% at $0.324, continuing its steady upward trend.

On the downside, Dogecoin (DOGE) slipped 0.1% to $0.2006, while Cardano (ADA) fell 0.5% to $0.67, making it one of the few top assets in the red today.

In the broader market, Bio Protocol (BIO) led the day’s gainers with a 52.6% surge to $0.1224, followed by 币安生链 (BinanceLife) up 67.0%, and Bounce (AUCTION) up 58.7%.

Meanwhile, ChainOpera AI (COAI) was the day’s biggest loser, dropping 49.5% to $5.29.

Overall, sentiment remains cautiously bullish as Bitcoin holds above the $110,000 threshold, with most major altcoins stabilizing near weekly highs.

Meanwhile, Bitcoin’s sluggish recovery continues as long-term holders cash out after years of gains, according to on-chain data analyzed by market experts.

Analyst James Check said the recent weakness isn’t caused by manipulation but by “good old-fashioned sellers,” noting that this wave of profit-taking has become the main resistance keeping Bitcoin below key price levels.

The sheer volume of sell-side pressure from existing Bitcoin holders is **still** not widely appreciated, but it has been THE source of resistance.Not manipulation, not paper Bitcoin, not suppression.Just good old fashioned sellers.Also, it won't become irrelevant. — _Checkmate 🟠🔑⚡☢️🛢️ (@_Checkmatey_) Ethereum Faces Short-Term Caution but Long-Term Strength, Says NoOnes CEO

Ethereum remains range-bound as short-term uncertainty meets strong structural fundamentals, according to Ray Youssef, CEO of crypto platform NoOnes.

“Ethereum’s price action continues to sit at a crossroads where technical uncertainty and fundamental strength collide,” he said in a note shared with Cryptonews.com, reflecting investor hesitation after Q3’s strong performance.

Despite recent ETF outflows of over $310 million and a validator exit queue exceeding 2.3 million ETH worth $9 billion, Youssef noted that large holders remain confident.

“Ethereum’s ecosystem remains fundamentally stronger than its price action currently suggests,” he added, pointing to rising stablecoin activity, TVL growth, and institutional accumulation.

Youssef said Ethereum is in a “cooldown phase,” digesting Q3 gains as traders prioritize capital preservation.

He expects ETH to stay directionally neutral in the near term but sees upside potential, with a move toward $4,500–$5,000 possible if risk sentiment improves and macro conditions remain stable.

In a recent post on X, crypto analyst Ted Pillows said Ethereum is attempting to reclaim the key $4,100 support level, which could determine its short-term direction.

A successful move above this zone may signal that the recent correction has bottomed out and set the stage for a potential rebound. However, failure to regain this level could reinforce bearish momentum and extend Ethereum’s current downtrend.

is trying to reclaim a very crucial level here.If Ethereum is able to reclaim the $4,100 support level, this could be the sign that the bottom is in.A failure to reclaim this level will continue the downtrend. — Ted (@TedPillows) Levels & Events to Watch Next

At the time of writing on Monday morning, Bitcoin trades at $110,903, up 2.04% over the past 24 hours. The leading cryptocurrency started the day with an intraday low near $108,000 before climbing to around $111,000. BTC is now consolidating near this level, showing signs of recovery after a volatile week.

If bullish momentum continues, Bitcoin could target the $113,500 and $117,000 resistance zones, with a breakout above $120,000 potentially paving the way toward $125,000.

On the downside, failing to hold current levels could see BTC retesting $108,000 and possibly dipping toward $105,000 if selling pressure returns.

Meanwhile, Ethereum is trading at $4,047, gaining 1.61% in the same period. ETH briefly dipped below $3,900 before rebounding to the day’s high near $4,080. The asset remains range-bound as traders weigh near-term direction amid mixed market sentiment.

If ETH breaks above $4,100, it could rally toward $4,350 and $4,500. However, renewed weakness could push prices below $3,900, with $3,750 serving as the next major support level.

The crypto market sentiment , according to the CMC Crypto Fear and Greed Index, which currently sits at 30, down from 40 last week and 48 a month ago.

The index shows growing caution among investors as market uncertainty lingers following recent price swings.

The US Bitcoin spot ETFs recorded heavy outflows on Friday, totaling $366.59 million, as investor sentiment cooled following recent price volatility. Despite the decline, cumulative inflows remain strong at $61.54 billion, according to data from SoSoValue.

BlackRock’s IBIT led the outflows, shedding $268.61 million, followed by Fidelity’s FBTC, which saw $67.37 million leave the fund. Grayscale’s GBTC also reported $25.04 million in outflows.

Smaller issuers such as Bitwise, Ark 21Shares, and VanEck saw no notable inflows or outflows for the day. The total net assets of all spot Bitcoin ETFs now stand at $143.93 billion, representing about 6.75% of Bitcoin’s total market capitalization.

The US Ethereum spot ETFs also saw $232.28 million in outflows during the day, marking another day of red across the sector, according to data from SoSoValue. Despite the setback, the cumulative total net inflow remains steady at $14.6 billion.

Outflows were led by BlackRock’s ETHA, which recorded $146.06 million in withdrawals, followed by Fidelity’s FETH with $30.61 million and Grayscale’s ETHE with $26.13 million. Smaller funds like Bitwise’s ETHW and VanEck’s ETHV also saw outflows of $20.59 million and $4.21 million, respectively.

The total net assets across all ETH ETFs now stand at $25.98 billion, representing about 5.58% of Ethereum’s total market capitalization.Quick FAQ

• Why did crypto move in tandem with stocks today?

The crypto market has increased over the past day in tandem with the stock market. By the closing time on Friday, the S&P 500 was up by 0.53%, the Nasdaq-100 increased by 0.65%, and the Dow Jones Industrial Average rose 0.52%. The stock market has seen increased volatility due to the trade uncertainty created by the US, particularly in regards to China.

• Is this rally sustainable?

It’s unlikely that the market will not see further drops before an actual rally. Investors and traders expect additional decreases prior to a bull run.

According to data from CryptoQuant, Shiba Inu has experienced a staggering 335% increase in its exchange Inflow, which is the seven-day moving average of coins flowing into exchanges in just one day. The short-term price trajectory of SHIB may be significantly impacted by this spike, which represents a significant change in market behavior.

Shiba Inu's widespread sell-off

An increase in exchange inflow usually means that investors are shifting their holdings from private wallets to exchanges, which is frequently a sign of more selling pressure. But in the case of Shiba Inu, the price has thus far stayed very steady, circling around $0.0000102, indicating that the inflow might not always result in a widespread sell-off.  Chart by TradingView">

It might instead show that major holders are getting ready for a lot of trading, possibly to take advantage of volatility rather than sell out of the market. According to the chart, SHIB recently recovered from its local low around $0.0000090, taking back the psychologically significant $0.0000100 mark. 

Shiba Inu breaks out

With a breakout above $0.0000112, the token's current movement within a midterm descending wedge pattern could validate a bullish reversal. The token is still oversold according to the RSI, which is still below 40, allowing for a momentum-driven recovery. Although volume has marginally increased over the last two sessions, the true test will be whether SHIB can maintain buying interest despite the surge in inflows.

Bulls may take advantage of the extra liquidity to fuel a short squeeze rally, which would push SHIB back toward $0.0000115-$0.0000120. On the other hand, the token runs the risk of retesting support close to $0.0000090 if inflows cause panic selling.

To put it briefly, the 335% increase in exchange inflows is a crucial indicator that might herald a precipitous sell-off or a huge upward move. Shiba Inu's next big move is probably not far off, so traders should keep an eye on how the market responds to this surge of on-chain activity.