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Today's Top Crypto Headlines:
DeFiLlama Delists Aster | Trader Turns $3K to $2M | Stablecoins Threaten Banks | Bitcoin Targets $150K and more...
Good Morning Crypto Enthusiasts!
Glad to have you back for another edition of the UseTheBitcoin.com newsletter.
DeFiLlama Delists Aster: DeFiLlama removed Aster DEX’s perpetual trading data after finding an exact correlation with Binance’s volumes, raising concerns of wash trading or data replication. Despite the controversy, Aster’s token—trading around $1.83—remains popular among traders.
Trader Turns $3K to $2M: A crypto trader made nearly $2M from a $3K bet after Binance’s CZ mentioned the “4” memecoin, igniting massive hype.
Stablecoins Threaten Banks: Stripe CEO Patrick Collison warns that yield-bearing stablecoins will pressure banks to raise savings rates. With traditional accounts offering under 0.5%, he calls the “cheap deposits” model outdated.
💡Feature of the Day - Bitcoin Targets $150K: Bitcoin’s surge to $125,700 has analysts eyeing $150K next. With $3.2B in ETF inflows and historical Q4 gains, traders expect another major breakout soon.
All this and more in today’s headlines!
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📰 News Highlights:
DeFiLlama has delisted perpetual trading volume data for Aster DEX after identifying a near-perfect correlation between its trading volume and Binance’s, raising serious integrity concerns.
We've been investigating aster volumes and recently their volumes have started mirroring binance perp volumes almost exactly
Chart on the left is XRPUSDT on aster, you can see the volume ratio vs binance is ~1
Chart on the right is XRP perp volume on hyperliquid, where there's
— 0xngmi is hiring (@0xngmi)
11:38 AM • Oct 5, 2025
The DeFi analytics platform found Aster’s perpetual volumes mirrored Binance’s almost exactly, with a correlation ratio of one.
For other coins like ETH the correlation is more extreme, but similar patterns can be seen across all pairs
Aster on the left, hyperliquid on the right
— 0xngmi is hiring (@0xngmi)
11:38 AM • Oct 5, 2025
Without transparency into low-level order data, DeFiLlama suspects potential wash trading or synthetic replication, undermining trust in reported volumes. Aster had recently gained attention for rapid growth, with open interest surging 33,500% in a week and daily volume reaching $60 billion.
Today $ASTER sits as the 37th largest crypto in the world
$ASTER the DEX platform that @cz_binance is working on.
The man who sent $BNB from $0.10 to $1,020
The man who made @binance the number 1 CEX in the world
its competitions $HYPE's ATH is a 4.8x away which would make
— Marcell (@MarcellxMarcell)
9:53 PM • Sep 23, 2025
Despite the controversy, its token remains a focus for traders, trading around $1.83. DeFiLlama emphasized that delisting was necessary to preserve data accuracy and investor confidence, reiterating that the move was about transparency rather than bias.
A lucky crypto trader turned a $3,000 investment into roughly $2 million after Binance co-founder Changpeng “CZ” Zhao’s viral post about the “4” memecoin sent it soaring.
This trader turned $3K into $2M, a 652x return!
Trader 0x872a spent 3 $BNB($3,060) to buy 16.86M $4, then sold 5.12M $4 for 110 $BNB($118.7K), with 11.75M $4 ($1.88M) left.
Total profit: ~$2M! 🚀
Address:
0x872a4f6aa517908fe77978f21a9f5c8c9ab0e6b8— Lookonchain (@lookonchain)
9:32 AM • Oct 4, 2025
The token originated as a community response to a BNB Chain phishing attack, where the hacker made just $4,000. CZ’s engagement amplified the meme, triggering massive social media hype and speculative buying.
Interestingly, after the hacker dumped ALL his tokens for a $4k gain, the community took over and bought the meme coin higher, as a mock to the hacker. Funniest come back by the community! 💪
— CZ 🔶 BNB (@cz_binance)
9:29 AM • Oct 1, 2025
The trader, identified as wallet “0x872,” was among the earliest buyers, achieving a staggering 650x return. While only a fraction was sold, the wallet still holds $1.88 million worth of tokens.
A wallet bought the memecoin "4" just before CZ’s tweet
It's now up $1.5M
— Bubblemaps (@bubblemaps)
11:04 AM • Oct 1, 2025
This incident highlights how quickly fortunes can be made—or lost—in the memecoin space, reminiscent of previous viral successes like Pepe and other meme-driven rallies.
Stripe CEO Patrick Collison predicts yield-bearing stablecoins will soon force traditional banks to offer higher interest rates.
Good post on evolving stablecoin market structure. I would extend it further: yes, I think that stablecoin issuers are going to have to share yield with others, but this is just one instance. Everyone is going to have to share yield. Today, the average interest on US savings
— Patrick Collison (@patrickc)
5:29 PM • Oct 3, 2025
With U.S. savings accounts averaging just 0.40% and EU accounts at 0.25%, Collison called the model of “cheap deposits” unsustainable and hostile to consumers. He argues that tokenized fiat currencies will compel banks to match market returns to stay competitive.
x.com/i/article/1973…
— nic carter (@nic__carter)
2:48 PM • Oct 1, 2025
The rise of yield-bearing stablecoins has sparked tension with the banking sector. During debates over the GENIUS stablecoin bill, banks successfully lobbied to prohibit stablecoin issuers from paying yield, fearing deposit erosion.
The future of stablecoins is not about whether issuers share some of the yield. It is about recognizing a simple principle. All yield generated on customer capital belongs to the customer. Anything else is misaligned.
For too long deposits have been treated as cheap funding for
— Arjun Sethi (@arjunsethi)
8:54 PM • Oct 3, 2025
Collison believes, however, that market forces will override such restrictions, driving banks to modernize and offer fairer returns as crypto’s growth challenges legacy finance.
💡 Feature of the Day:
Bitcoin’s rally to a new all-time high near $125,700 has analysts forecasting a continued surge toward $150,000.
We blast through it.
Now that we've made new ATH's in an impulsive manner, the next leg to 150k+ has begun imo.
At this stage- it is anyone's guess how deep of a pullback we may get here at our highs (if any), but just like last time, anything above the lows of the origin of
— CrediBULL Crypto (@CredibleCrypto)
6:55 AM • Oct 5, 2025
Crypto analyst CrediBULL Crypto believes the next “impulsive leg” has begun, while others see minor pullbacks as buying opportunities. The move has been fueled by a combination of ETF inflows, investor sentiment, and a weakening U.S. dollar.
$BTC
A new leg up seems likely. If BTC is truly strong, the pullbacks will be minor at best. Sweeping the 121.4K~ equal lows would accomplish the job of flushing late longs / trailed stops while not providing an easy entry to those on the sideline.
Unfortunately the entirety of
— Crypto Chase (@Crypto_Chase)
7:39 AM • Oct 5, 2025
Analysts note that Bitcoin’s rise coincides with the dollar’s worst performance in decades and a U.S. government shutdown driving investors toward crypto as a hedge.
Idk guys but I feel like $BTC is about to see another ATH within hours.
I believe price discovery mode has started. It’s taken a long time due to price suppression, and gold and stocks grabbing all the attention.
Now it’s Bitcoins turn.
It WILL BE EXPLOSIVE 🧨 🚀
- Wynn— James Wynn (Intern @BNBCHAIN) (@JamesWynnReal)
11:28 PM • Oct 5, 2025
Spot Bitcoin ETFs have seen over $3.2 billion in inflows, marking their second-best week since launch. With historical fourth-quarter gains and strong technicals, many expect Bitcoin’s next breakout to happen soon.
Spot btc ETFs took in $3.2bil last week…
2nd best inflow week *ever*.
Now $25bil inflows for the year.
Also just crossed over $60bil inflows since launching in Jan 2024.
Ridiculous numbers.
— Nate Geraci (@NateGeraci)
11:08 PM • Oct 5, 2025
😂 Crypto Meme of the Day:

Meme of the day provided by @upay
And that’s it for this today.
See you all tomorrow’s edition!
Jonathan Gibson
UseTheBitcoin.com