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Bitwise CIO Matt Hougan believes Solana has the potential for explosive growth, particularly in the stablecoin and tokenized asset markets. He draws parallels to Bitcoin's early success, where growth came both from market expansion and increased market share. Solana's speed, user-friendliness, and developer community are attracting traditional financial institutions, as evidenced by Western Union's recent use of Solana for its stablecoin project. While Ethereum currently leads in overall adoption and market share, Solana is rapidly closing the gap, currently holding about 14% of the combined $768 billion market value controlled by the top four players. Hougan emphasizes that Solana's advantages could drive significant value growth, even if it simply maintains its current market share. However, he cautions about the inherent volatility of crypto markets, advising investors to make well-considered, high-conviction bets and allow time for them to mature.

Crypto market sentiment is down despite increased adoption and decreased regulatory risk, according to reports. Bitcoin is struggling, leading to investor disappointment, with some considering shifting to other assets. Bitwise CEO Hunter Horsley notes that while crypto insiders feel bearish, sentiment outside the crypto bubble is positive, driven by reduced regulatory concerns and growing institutional interest. The recent launch of new crypto ETFs, including Bitwise's Solana Staking ETF, and continued investment from firms like MicroStrategy are contributing factors. JPMorgan CEO Jamie Dimon, a former crypto skeptic, now acknowledges the legitimacy of crypto, stablecoins, and blockchain. Nic Carter argues this shift signals market maturity, reducing volatility and answering key uncertainties. He says that the reduced volatility means the industry has achieved a victory, even if it feels less exciting.

The United States is urging global financial regulators to revise the rules for how banks handle crypto assets, particularly concerning stablecoins. These rules, created in 2022 by the Basel Committee on Banking Supervision (BCBS), are set to take effect in 2026 but are seen by some as too strict, potentially discouraging banks from engaging with the crypto market. The US argues that the crypto industry, especially the stablecoin sector, has evolved significantly, making the current rules outdated. While some countries like the UK are working on implementing their own crypto regulations, others, like Singapore, have delayed their implementation based on the BCBS measures. The European Central Bank (ECB) favors implementing the current standards first and revising them later. Concerns remain about stablecoin regulation, with the ECB calling for a ban on certain types of stablecoins and the Financial Stability Board (FSB) vowing to address threats from private finance and stablecoins. The Financial Action Task Force (FATF) has also expressed concerns about the increasing risks associated with stablecoin adoption by criminal parties.

The New Hampshire Senate is debating House Bill 639, which aims to deregulate cryptocurrency mining by preventing local governments from imposing specific restrictions on these businesses, such as noise-prohibition zoning. The bill also seeks to prevent discriminatory taxation of digital money transactions and affirms the right to mine digital money. A superior court would also establish a blockchain conflict docket. Due to significant public interest and debate, the Senate Commerce Committee voted to refer the bill for interim review, with senators planning to revisit it in the new year. The bill's sponsor argues it protects blockchain and cryptocurrency companies from bias, aligning with a model policy from the Satoshi Action Group. Concerns were raised about potential noise complaints, environmental harm, and foreign control, referencing Arkansas' strengthened mining regulations following community concerns. Globally, the energy profile of Bitcoin mining is improving, with coal use decreasing from 63% in 2011 to 20% in 2024 and renewable energy reliance increasing. New York is considering a tiered tax on electricity consumption for miners, while Russia has launched a registry of cryptocurrency mining equipment to identify and tackle illegal mining operations.

Bitcoin is currently testing a price level around $109,000, known as the 0.85 supply quantile, which has historically been crucial for determining its price direction. According to on-chain data from Glassnode, holding above this level has often led to significant rallies, while falling below it could trigger a drop towards $98,000, the 0.75 quantile. Recent data also shows that a decline in Bitcoin's price below $107,000 coincided with negative values on the Coinbase Premium Gap, suggesting that American institutional investors on Coinbase sold off more Bitcoin than global whales on Binance during the price drop. However, Bitcoin has since recovered to around $109,500, reclaiming the 0.85 quantile level.

Bitcoin's performance in October was disappointing, marking its fourth-worst October since 2013 according to Fortune analysis, despite reaching an all-time high earlier in the month. The cryptocurrency underperformed the S&P 500 during this period, although it still maintains a 55% gain for the year. October also saw the largest liquidation event in crypto history following concerns around potential trade tariffs. Market participants are cautious, considering the liquidation event and potential vulnerabilities in the financial system. At the time of writing, Bitcoin was trading at $109,688, having fallen below $110,000 support.

Bitcoin's price dropped after the Federal Reserve lowered interest rates, sparking debate about whether this is a temporary dip or the start of a longer downturn. Bitcoin is struggling to stay above $110,000, and while some analysts think the market is just adjusting after a big event, others worry prices could fall further if demand doesn't pick up. A recent analysis shows that the sell-off was mainly caused by short-term traders reacting to the news, while long-term investors held onto their Bitcoin. Over 10,000 Bitcoin that were sold had been held for less than 24 hours, indicating a quick reaction to market news rather than a change in long-term belief in Bitcoin. Bitcoin is currently trading around $109,800, staying within a range between $108,000 support and $117,500 resistance. The long-term trend remains positive as Bitcoin is above key moving averages. The coming weeks are crucial to see where the price heads next.

Pi Network's native token (PI) experienced a price increase in late October, rising from its all-time low of $0.172 to around $0.25. This rally followed previous price declines and recent positive developments within the Pi Network ecosystem. ChatGPT predicts a 60% chance that PI will continue its upward trend in November, trading between $0.24 and $0.34. There is a 25% chance of a more significant increase beyond $0.40 if it breaks the $0.35 resistance. A bearish scenario, with a 15% probability, could see the price drop below $0.20 if the hype fades. Factors that could influence PI's price include the success of new Pi-based apps, increased liquidity through exchange listings, and a positive broader market trend. The average daily unlock of Pi tokens is currently around 4.160 million, lower than previous months which could ease selling pressure.

Analysts are becoming more optimistic about Cardano (ADA) as the end of 2025 approaches, suggesting it could rally. Some analysts predict ADA could reach between $3 and $12 during this market cycle. CoinCodex forecasts ADA to potentially hit $0.86 by late November and $1 by the end of 2025. While investor sentiment is currently cautious, a break above resistance levels could trigger a significant year-end rally for Cardano. The crypto has been trading sideways for most of the year, but recent data and analyst opinions suggest a possible upward trend, though its future performance will depend on overall market conditions.

FTX creditors are being repaid based on the value of their crypto assets at the time of the exchange's bankruptcy filing in November 2022. This means customers are receiving dollar values equivalent to what their Bitcoin or Solana holdings were worth back then, not the current, much higher prices. For example, someone who held 1 Bitcoin is receiving around $17,000, even though Bitcoin is now worth significantly more. On-chain detective ZachXBT called out FTX founder Sam Bankman-Fried for misrepresenting the recovery process. The FTX collapse occurred after concerns arose about the relationship between FTX and Alameda Research, leading to a massive customer withdrawal and eventual bankruptcy filing. The bankruptcy estate has identified billions in assets, including cash and investments, and expects to repay creditors between 119% and 143% of their claim value at the time of bankruptcy. However, equity investors are facing nearly total losses. 98% of creditors have already received 120% of their claims and the estate has approximately $8 billion remaining after paying $8 billion in customer claims and $1 billion in lawyer fees.

Elon Musk announced the upcoming launch of X Chat, a new encrypted messaging feature for X (formerly Twitter) that aims to compete with apps like Telegram and WhatsApp. Musk stated that X Chat uses peer-to-peer encryption, similar to Bitcoin, and will not utilize advertising hooks, addressing privacy concerns associated with other messaging platforms. The launch is expected within the next few months and will be available as part of the X platform and as a standalone app. Separately, Musk also launched Grokipedia, an AI-powered encyclopedia intended to rival Wikipedia, featuring over 800,000 AI-generated entries.

Tether, the company behind the USDT stablecoin, reported over $10 billion in profits for the year so far. In the third quarter alone, it issued over $17 billion in new USDT, increasing the total amount of USDT in circulation to over $174 billion. Tether holds approximately $135 billion in US Treasury bills, making it one of the largest holders of US government debt globally. The company's reserves backing the USDT stablecoin exceed its liabilities by about $6.8 billion and include nearly $13 billion in gold and $10 billion in Bitcoin. In a separate announcement, Tether's T3 Financial Crime Unit (T3 FCU) stated that it has frozen over $300 million in criminal assets in collaboration with law enforcement agencies worldwide.

XRP is showing signs of a potential price increase, with both individual and institutional investors exhibiting bullish sentiment. Recent data indicates that more XRP is being moved off of exchanges and into private wallets, suggesting investors are holding for future gains. This trend is supported by a decrease of 3.64% in XRP reserves on exchanges, equivalent to $6.79 billion and a $4.75 million outflow. If XRP breaks through the $2.70 resistance level, it could move towards $3.12 or even $3.65. Furthermore, there's anticipation surrounding a possible XRP ETF approval in mid-November, which could significantly increase institutional investment and drive demand.

Crypto exchange MEXC is facing serious accusations made by an anonymous account on X. These allegations include freezing over $10 million in user withdrawals, demanding extra fees from crypto projects before listing their tokens, and engaging in market manipulation, such as trading against its own users and blocking withdrawals when users make profits. There are also claims of fake engagement and even sexual misconduct by executives. An MEXC executive, Cecilia Hsueh, responded to some of the allegations, admitting to internal failures in communication and risk management and apologized for the mishandling of one user's funds. However, she didn't address all the accusations. Following this, another user came forward, claiming $3.3 million of his funds were frozen on MEXC with no clear explanation or timeline for release.

Crypto analyst @BullrunnersHQ suggests XRP could experience a significant price increase, linking this potential rally to the performance of the NASDAQ. The analyst believes XRP is positioned to break out from its recent consolidation, potentially rising by hundreds of percent. This outlook is based on XRP's price structure, improving crypto market sentiment, and Bitcoin's ability to hold above its 50-week EMA. The analyst notes that Bitcoin needs to stay between $107,000 and $109,000 weekly to sustain the bull market. While there are some concerns about an exhaustion gap in the NASDAQ, which could signal the end of the bull market, @BullrunnersHQ believes XRP has more upside potential compared to other assets, suggesting money may rotate into cryptocurrencies like XRP even if stocks decline.

Analysts are suggesting XRP may still have a significant upward price movement in its current cycle. One analyst, EGRAG Crypto, predicts a potential 244% increase, estimating XRP could reach between $5.50 and $6.00 based on historical patterns and the Gaussian Channel model. He also notes that XRP's market corrections have been shrinking, indicating growing stability. While some analysts anticipate a short-term price correction, with potential support levels around $2.42, $2.03, and $1.65, the overall outlook remains positive. The long-term view suggests that XRP could surpass $5 if historical trends continue to play out. Even with potential short-term volatility, analysts generally agree that XRP's cycle has not yet peaked and shows signs of maturing.

Bitcoin is struggling to rise above the $110,000 level after a recent price drop, but demand is still strong enough to prevent a major crash. Long-term holders have been selling off their Bitcoin since July 1st, totaling about 810,000 coins, as the price approached all-time highs. This selling pressure is limiting how high Bitcoin can go, even though there's enough demand to absorb the supply. Bitcoin is currently trying to stay above the $108,000 level, which is acting as a key support. To move higher, it needs to break through resistance around $112,000 and $114,000. If it falls below $108,000, it could drop further to between $103,000 and $105,000. The market situation is currently neutral, with buyers defending key support levels.

The European Central Bank (ECB) is aiming to launch a digital version of the euro across the Eurozone by 2029. This initiative depends on the European Parliament and Council approving the necessary laws by 2026, which would then lead to a testing phase in 2027. The ECB is working to ensure the technology is ready, collaborating with payment companies, and supporting lawmakers in creating the legal framework. The development is estimated to cost 1.3 billion euros, with yearly operating costs of around 320 million euros after the launch. The digital euro is designed to exist alongside physical cash, offering a public, secure, and widely accepted digital payment option throughout Europe, without replacing existing payment systems.

MicroStrategy's stock (MSTR) jumped nearly 6% after the company announced a $2.8 billion net income for the third quarter, surpassing analyst expectations despite a slight decrease from the previous quarter's record $10 billion. This positive report followed a tough day where the stock had fallen to its lowest level in six months. MicroStrategy holds a significant Bitcoin reserve, which greatly influences its financial performance. The company's Bitcoin yield has reached 26% this year, representing a $13 billion gain. They added 42,706 BTC in Q3, bringing total holdings to 640,031 BTC as of September 30, with an average cost of $74,032 per Bitcoin. Simultaneously, Coinbase reported strong Q3 results with $1.8 billion in revenue and a net income of $433 million, expanding its Bitcoin holdings by 2,772 BTC to a total of 14,548 BTC.

Ethereum's role in decentralized finance is growing rapidly, with its total value locked (TVL) increasing sixteenfold from $24 billion in 2020 to $379 billion in 2025. Ethereum's market capitalization also rose significantly, going from $47 billion to around $502 billion. Stablecoins, lending protocols, and staking services make up the majority of Ethereum's TVL. The potential for institutional investment through tokenization could increase Ethereum's TVL tenfold. An upcoming upgrade called Fusaka is expected to increase Ethereum's transaction speed from 3,100 to 12,000 transactions per second, potentially leading to higher demand and usage of the network.

Tether's profits for the first three quarters of 2025 exceeded $10 billion, surpassing the earnings of several major banks like Bank of America. This revenue is largely due to Tether's $135 billion holding in U.S. Treasury bills. The company issued over $17 billion in new USDT in the third quarter, bringing the total USDT supply to over $174 billion, and holds over $6.8 billion in surplus reserves. Tether's significant growth and influence in the stablecoin market are expected to attract increased regulatory scrutiny.

Coinbase is reportedly in advanced discussions to acquire BVNK, a London-based stablecoin infrastructure startup, for a potential deal valued between $1.5 billion and $2.5 billion. While due diligence is ongoing and the deal could still fall through, the acquisition would align with Coinbase's strategy to expand beyond cryptocurrency trading and into the payments sector, particularly focusing on stablecoins. BVNK's platform allows merchants to accept payments, including in stablecoins, which could be integrated into Coinbase Business, a service for payments and financial operations. Coinbase already has a stake in BVNK through Coinbase Ventures. Nearly 20% of Coinbases revenue in the third quarter was driven by stablecoins. BVNK, founded in 2021, has raised $90 million from investors including Citi Ventures, Haun Ventures, and Visa.

U.S. Treasury Secretary Scott Bessent stated that China's attempt to leverage its rare earth mineral dominance as a trade weapon was a strategic error, prompting the U.S. to accelerate its search for alternative sources. China's previous blocking of U.S. soybean purchases, impacting farmers including Bessent himself who owns farmland in North Dakota, also contributes to trade tensions. A deal concerning TikTok's U.S. operations is progressing, awaiting final implementation, with ByteDance holding less than 20% ownership and one seat on the new board, the app's algorithm retrained and monitored by U.S. cybersecurity partners, though concerns remain from U.S. officials about licensing agreement for the algorithm.

A Glassnode researcher pointed out that current Bitcoin losses are relatively low compared to past bear markets. The 'Relative Unrealized Loss' metric, which measures investor losses as a percentage of Bitcoin's market value, only hit 1.3% during the recent price drop. This is significantly lower than the 5% or more seen in mild bear markets and far from the 50%+ seen in severe ones. The researcher suggests that the current market downturn hasn't reached typical bear market levels based on this metric. Bitcoin's price recently dipped below $107,000 but has since recovered slightly to around $109,500.

Dogecoin's price has fallen to around $0.18, partly due to large holders, known as whales, selling off a significant amount of their Dogecoin. Over the past 72 hours, these whales sold 440 million DOGE tokens, worth approximately $81.4 million. This sell-off has coincided with a decline in Dogecoin's price, suggesting a possible connection. The cryptocurrency is currently testing a support level of $0.18. If this level holds, analysts suggest potential targets of $0.25 and $0.33. Currently, Dogecoin is down almost 6% over the last week.

Ethereum's price has fallen to around $3,800, raising concerns about a potential further drop. This decline is linked to a significant outflow of $184 million from Ethereum spot ETFs, with BlackRock's ETHA fund experiencing the largest withdrawals. Analysts suggest that if Ethereum fails to rise above $4,000 soon, it could fall further, potentially reaching $3,500 or lower. There are concerns about weakening institutional interest in Ethereum, with treasury firms possibly resuming sales of their holdings. The market is also watching $2.5 billion in expiring Ethereum options, which could cause additional price swings. Whether Ethereum's price stabilizes at the $3,800 level or continues to decline will depend on the actions of buyers and sellers in the market.

Binance founder CZ denied rumors that he secretly sold 35 million ASTER tokens, worth over $30 million. On-chain data analysts investigated the claims, finding that the transactions were actually internal transfers between Binance's own wallets and not a sale by CZ. CZ criticized the original post as spreading misinformation, accusing it of attempting to manipulate the price of ASTER or being a publicity stunt. The price of ASTER experienced a small drop, but quickly recovered as traders dismissed the rumor.

The cryptocurrency XRP is showing signs of recovery, currently priced around $2.53, after a recent drop that saw it briefly hit $1.50. This rebound is fueled by optimism surrounding a proposed XRP exchange-traded fund (ETF) from Canary Capital, which has filed paperwork with the SEC potentially targeting a November 13 launch, pending approval. However, trading volume for XRP has decreased, suggesting less market activity. Despite the ETF hype, some analysts warn that XRP could still fall, potentially to levels as low as $1.50 or even $1.30 if it fails to maintain support around $2.46. Other analysts suggest a potential drop to $2 if the current bearish sentiment continues, so investors are advised to be cautious even with the ETF news.

Ripple's CTO, David Schwartz, is asserting that the XRP Ledger (XRPL) is more decentralized than other blockchains. He argues that many blockchains, despite their decentralized claims, still allow some entities to control rules and fees, whereas XRPL is free from such intermediaries and government influence, offering unalterable and censorship-resistant transactions. Schwartz highlights XRP as unique because it can be accessed globally without risk of default or confiscation, and its value is linked to the activity on the XRPL. Furthermore, the XRPL is expanding into new sectors, with DNA Protocol launching DNAOnChain in Tunisia to anchor genomic data to the XRP Ledger. This enables secure recording and verification of genomic data, potentially improving transparency and reliability in medical and genetic research. This expansion shows XRPL's capabilities beyond payments, establishing it as a data integrity layer for various real-world applications.

Ethereum's price is currently under pressure, trading below $4,000 after a market dip. Despite this, a large institutional investor, Bitmine, bought 44,036 ETH, worth around $166 million, during the dip. This purchase increases Bitmine's total ETH holdings to approximately 3.16 million ETH, valued at about $12.15 billion. While Ethereum's price is struggling to stay above $4,000 and has broken below key moving averages, it's currently testing support around $3,847. If it falls below this level, the next support area is near $3,500. To regain positive momentum, the price needs to climb back above $4,000.

Coinbase CEO Brian Armstrong, during a third-quarter earnings call, mentioned specific words (Bitcoin, Ethereum, blockchain, staking, and Web3) that triggered the resolution of prediction market contracts on Polymarket and Kalshi. These contracts involved betting on whether certain terms would be said during the call, with approximately $90,000 wagered across both platforms. Armstrong acknowledged tracking these markets, and his statement immediately resolved the contracts, paying out those who bet "yes" on the mentioned words. This action sparked debate, with some viewing it as a harmless joke and others, like Arca's CIO Jeff Dorman, criticizing it as market manipulation by the CEO of a regulated financial company. Dorman argued that such actions undermine the industry's credibility with institutional investors.

Charles Hoskinson, the founder of Cardano, has again offered to help Elon Musk upgrade Dogecoin. Hoskinson suggests using his previous Bitcoin 2 roadmap to improve Dogecoin's speed, scalability, and reliability. He aims to make it suitable for handling a large number of transactions within X's payment system. While Musk hasn't responded to the offer yet, Hoskinson is still willing to collaborate, hoping to combine Cardano's technology with Dogecoin's popularity. Hoskinson believes this partnership could make Dogecoin a more usable cryptocurrency on social media platforms. He had previously suggested a blockchain solution for government transparency, though it didn't materialize. Despite Dogecoin's integration into Tesla for some payments and Musk's support, it hasn't been added to X's payment system yet. If Hoskinson and Musk collaborate, Dogecoin could potentially evolve into a more significant digital currency.

Venezuela's payment company Conexus, which handles 40% of the nation's electronic transfers, plans to launch a blockchain-based system that will allow Venezuelans to use Bitcoin and Tether (USDT) directly through their bank accounts. This initiative responds to the country's ongoing economic crisis and hyperinflation, which has led to widespread adoption of cryptocurrency, with Venezuela ranking 13th globally in crypto usage. Between July 2024 and June 2025, approximately $44.6 billion in cryptocurrency flowed into Venezuela, driven by the need to protect savings and facilitate daily transactions. Banks will offer custody, transfer, and fiat exchange services for crypto, adhering to government regulations for added security. The government has been permissive of crypto activity, with the president noting its importance in bringing foreign currency into the country. Opposition leader Mara Corina Machado has proposed including Bitcoin in the national reserves. This development could serve as a model for other countries facing similar economic challenges, integrating crypto into the traditional banking system.

October 2025 has been a disappointing month for the crypto market, with digital assets underperforming traditional stocks. Several factors contributed to this downturn, including Digital Asset Treasury (DAT) unwinding, negative ETF flows, and a significant market crash on October 10, where $19 billion was wiped out. Spot Bitcoin ETFs reported nearly $1 billion in net outflows, with Fidelity, BlackRock, and Ark Invest leading the exits. Ethereum ETFs also experienced substantial asset losses. Retail investors have largely given up, leading to decreased trading volumes and liquidity. Despite the current negative sentiment, analysts suggest that a strong Bitcoin rally could quickly shift the market narrative. They recommend using this period to research promising areas in the crypto space, highlighting that Bitcoin and Ethereum could regain momentum if flows return, volatility decreases, and macro risks reduce.

Ethereum has broken through a key resistance level on its daily chart, which analysts are calling a bullish sign that could lead to a price increase towards $7,800. The previous resistance around $4,000-$4,500 is now acting as support. Institutional interest in Ethereum is growing, with companies like BitMine Immersion Technologies accumulating significant amounts of the cryptocurrency. Fundstrat's Tom Lee believes Ethereum is undervalued and could reach $10,000 or even $15,000 by the end of 2025 if network adoption continues. However, the bullish outlook depends on Ethereum maintaining its new support level; a drop below could trigger price declines. Market sentiment, Bitcoin's performance, and Ethereum's own network challenges like scalability and gas fees also play a role in its price movement. Currently, Ethereum is trading around $3,826, up 1.94% in the last 24 hours.

Peter Schiff has accused MicroStrategy of reporting fraudulent Q3 earnings, claiming the company's $2.8 billion net income is inflated due to unrealized Bitcoin gains. MicroStrategy currently holds 640,808 Bitcoin, valued at approximately $47.44 billion, with an average purchase price of around $74,032 per Bitcoin. Michael Saylor, MicroStrategy's chairman, reported a 26% year-to-date yield from the Bitcoin holdings, but Schiff argues that the company's success is too reliant on Bitcoin's price. Saylor dismissed rumors of MicroStrategy merging with other Bitcoin treasury firms, stating the company will focus on strengthening its balance sheet and continuing to purchase more Bitcoin. The disagreement highlights the differing views on Bitcoin's role as a store of value, with Schiff favoring gold and Saylor advocating for Bitcoin.

Microsoft has released a report stating that AI adoption is happening faster than any previous technology, but warns of a widening global divide. The report highlights that while over 1.2 billion people are using AI tools, access is unequal due to factors like language barriers, infrastructure gaps, and lack of skills. Most AI models are trained in English, excluding billions who speak other languages. Countries like the UAE, Singapore, and Norway lead in AI adoption due to strong infrastructure, while adoption is below 10% in parts of Sub-Saharan Africa, South Asia, and Latin America due to limited internet, power, and education. Microsoft emphasizes the need for coordinated efforts to address these gaps and ensure equitable access to AI's benefits. The US leads in data center capacity with 53.7 gigawatts, followed by China with 31.9 gigawatts, highlighting the infrastructure disparity affecting AI diffusion, especially considering over 700 million people lack reliable power.

Crypto pundit Mickle highlights XRP's fundamental value proposition within the XRP Ledger. He argues that XRP's importance is often misunderstood by comparing it to stablecoins, missing its core function. Mickle emphasizes that XRP is a native, non-issued asset, like Bitcoin and Ethereum, not dependent on external entities, providing liquidity for value transfer within its decentralized network. The XRP Ledger relies on XRP for decentralized settlements, enabling fast and efficient transactions, making it distinct from many blockchains. Mickle uses Ripple's payment tools to show how XRP facilitates the seamless movement of various digital assets across decentralized systems. Unlike stablecoins tied to traditional financial systems, XRP operates as an independent asset within the digital economy, making it a foundational element of crypto.

The crypto market shows signs that altcoins, cryptocurrencies other than Bitcoin, may soon increase in value. One indicator, measuring the market share of altcoins excluding the top 10, is at its lowest point ever, suggesting a potential rebound. Historically, such low points have been followed by significant market gains for altcoins. Another perspective compares the current market to 2019-2020 when the Federal Reserve changed its monetary policy. Analysts suggest that government actions, specifically the release of funds from the Treasury General Account, could inject liquidity into the market and drive an altcoin rally, especially after the US government shutdown is resolved. The analysts believe that current conditions show the likelihood of an increase in value for altcoins.

The Federal Reserve cut interest rates for the second time in 2025, bringing the benchmark range down to 3.75-4.0%. Bitcoin's price reacted to this news. At the time of the article, Bitcoin was trading near $108,886, reflecting a decrease of 1.47% over the past 24 hours and 1.62% for the week, with a total monthly loss of 4.52%. After the rate cut announcement, there was initially selling pressure, but buyers stepped in to reduce the losses. The market is currently treating the $107,000-$108,000 range as a demand area, while facing resistance around $110,000. A daily close above $110,000 could signal further growth towards $113,000. Failure to break through this ceiling could lead to a return towards the $105,000-$107,000 range, and a loss of that band may expose a level near $100,000. Traders are watching $110,000 on the upside and $107,000 on the downside to define potential opportunities.

Chen Zhi, the chairman of Prince Group, is facing increasing legal pressure internationally. Following sanctions and charges from the US and UK related to alleged cybercriminal activities and cryptocurrency theft, Singaporean police have also launched an operation against Chen Zhi and his associates. This operation resulted in the seizure of over $115 million in assets, including properties, bank accounts, securities, cash, a yacht, vehicles, and alcohol. The US Department of Justice has accused Chen of running scam compounds in Cambodia and stealing billions in cryptocurrency, while the US Treasury Department has reportedly seized over $15 billion in related assets. Chen Zhi, originally from China and later a Cambodian citizen, has been a prominent figure in Cambodia's real estate and hospitality sectors, even receiving a high honor from the Cambodian King.

dYdX, a decentralized crypto trading platform, plans to launch in the US market by the end of the year, aiming to attract users with significantly reduced trading fees, potentially cutting them in half. Initially, US customers will only have access to spot trading of cryptocurrencies like Solana, as perpetual contracts, dYdX's signature product, are currently restricted by US regulations. This expansion is influenced by a more favorable regulatory environment following recent policy shifts. dYdX acquired Pocket Protector, a social trading platform, to enhance its consumer appeal and brought in new leadership. The platform has also invested in infrastructure improvements, leading to faster deposit and withdrawal times. Despite these positive developments, the dYdX token has experienced a significant price decrease, falling approximately 68% over the past year. dYdX processed $270 billion in trading volume and generated $46 million in net protocol fees across 150 markets during 2024.

Bitcoin is currently trading between $100,000 and $117,000, and analysts believe a break above $117,000 could trigger a surge towards $140,000. There's a lot of sell orders clustered between $111,000 and $117,000, which could lead to a short squeeze and rapidly push the price upwards. One analyst suggests a possible move to $132,000 as an initial target. Strong institutional investment through Bitcoin ETFs and continued accumulation by long-term holders are also contributing to a positive outlook. Bitcoin was up nearly 2% in the last 24 hours, trading around $109,062.

Bitcoin is celebrating its 17th anniversary, marking a significant shift from a fringe concept to a major player in global finance. Initially seen as a currency for hackers, Bitcoin is now held by large financial institutions, with BlackRock owning approximately 3% of the circulating supply. Publicly listed companies possess over 725,000 BTC, and private companies hold another 300,000 BTC. Governments are also involved, with centralized entities like governments and ETFs holding about 31% of the total supply. El Salvador has adopted Bitcoin as legal tender, and figures like Donald Trump and Javier Milei are publicly supporting Bitcoin as well. Bitcoin is trading near $110,000, with continued institutional adoption and technological advancements expected to shape its future.

Custodia Bank, a crypto-focused institution founded by Caitlin Long, has lost its five-year legal battle to obtain a master account from the Federal Reserve. A U.S. appellate court upheld a previous ruling, confirming the Fed's right to deny Custodia direct access to the U.S. payment system. Custodia's initial application was made in October 2020 after the bank received a special-purpose depository institution charter from Wyoming. The Federal Reserve Bank of Kansas City rejected the application in January 2023, citing concerns about the bank's focus on volatile crypto markets and insufficient risk management. A master account would have allowed Custodia to directly access core U.S. payment systems. Custodia sued the Federal Reserve in June 2022, arguing that it was unlawfully delayed in receiving a master account. Custodia is now considering petitioning for a rehearing. The Federal Reserve has not approved any master account applications from crypto-native institutions, citing the sector's volatility and fraud potential. Custodia launched Avit, a tokenized U.S. dollar stablecoin issued with Vantage Bank on Ethereum.

Coinbase is in advanced talks to acquire BVNK, a stablecoin infrastructure startup, for approximately $2 billion. This move aims to strengthen Coinbase's presence in the growing stablecoin payments sector. Due diligence is underway, with the deal potentially closing by the end of 2024 or early 2026. Stablecoins currently contribute nearly 20% of Coinbase's total revenue. BVNK, founded in 2021, has raised $90 million and provides infrastructure for merchants to process both crypto and stablecoin payments. Coinbase's acquisition strategy is driven by increasing institutional interest in stablecoin payment solutions and recent regulatory developments, with Brian Armstrong predicting U.S. cryptocurrency legislation passing soon.

Square is giving $50 in Bitcoin to the first 20,000 U.S. merchants who use their new Bitcoin Conversations feature, which allows sellers to discuss and learn about Bitcoin within their Square dashboard. This initiative aims to encourage wider use and understanding of Bitcoin among small businesses. In other news, Coinbase added 2,772 BTC to its reserves in the third quarter, and Prenetics purchased another 100 BTC, bringing their total to 378. Despite these developments and positive corporate interest, Bitcoin's price has remained around $109,000.

A debate has emerged regarding Zcash's vulnerability to future quantum computer attacks. The concern is that even if Zcash upgrades its security, past transactions could be exposed once quantum computers can break current encryption methods. Some experts argue that Zcash's privacy features offer some protection, as fully shielded transactions do not record sender/receiver information on the blockchain. Others argue that real-world user behavior, like exchange leaks and metadata collection, could still compromise privacy even with Zcash's shielded pools once quantum computers are powerful enough to break current encryption. At the time of the report, ZEC was trading at $36.6.

A Bitcoin power-law model suggests Bitcoin is currently undervalued, trading around $109,700, approximately 20% below its fair value of $136,100. The model estimates support at $48,300 and resistance at $491,800. Bitcoin exchange-traded funds (ETFs) have influenced Bitcoin's price, experiencing significant inflows and outflows. The power-law model's accuracy hinges on ETF demand and macroeconomic conditions. Unlike the failed Stock-to-Flow (S2F) model, the power-law model provides a range rather than specific price targets. The model uses logarithmic regressions of Bitcoin's price against time to establish upper and lower bounds, where price oscillations could reside. Sustained ETF inflows could push Bitcoin towards the upper resistance, while outflows may lead to retesting the lower support.

Bitcoin experienced a sharp drop below $110,000 following volatility related to the US Federal Reserve's actions. Despite this decline, some analysts believe it's a temporary shakeout before a potential upward trend. The focus is now on whether Bitcoin can stabilize and recover above $110,000. A critical level to watch is $117,000, identified as the Point of Control (PoC), representing the price with the highest trading volume. If Bitcoin can reclaim $117,000, it could signal renewed upward momentum towards $120,000-$123,000. Currently, Bitcoin is attempting to rebound above $110,000, facing resistance around $112,000-$113,000. Failure to hold $110,000 could lead to further support tests at $108,500 and then $106,000.

Coinbase's Chief Legal Officer, Paul Grewal, refuted claims made by Senator Chris Murphy that Coinbase made political donations in exchange for favorable regulatory treatment. Grewal stated Murphy's accusations were false and that Coinbase sought regulatory clarity, not political favors. Grewal also accused the SEC of corruption, citing the agency's decision to allow Coinbase to go public and then later sue it for illegal operations. He further noted a federal court ruling that the SEC's denial of Coinbase's request for crypto rules was arbitrary. Attorney John Deaton supported Grewal, criticizing the SEC for approving Coinbase's IPO before alleging its business model was illegal. The SEC eventually dropped its case against Coinbase, which the company views as proof of the lawsuit's lack of merit.

Coinbase is increasingly valued for its partnerships with major banks rather than just cryptocurrency trading revenue. Companies like JP Morgan, Citi, and PNC are using Coinbase's infrastructure to offer crypto services to their customers. This is viewed as a long-term strategy, solidifying Coinbase's role in the financial system. Analysts from firms like Bernstein, Barclays, Needham, and Rosenblatt have offered positive ratings and price targets for Coinbase stock, anticipating significant potential upside based on the company's growth in institutional partnerships and stablecoin infrastructure.

NewGenIVF, a company listed on the Nasdaq, has made a deal with White Lion Capital to receive 600,000 Solana (SOL) tokens, worth about $120 million, in exchange for company shares. This arrangement allows NewGenIVF to sell shares to White Lion and be paid in SOL instead of cash over a two-year period. NewGenIVF already owns 13,000 SOL, valued at approximately $2.5 million, and this new agreement will significantly increase their Solana holdings. White Lion Capital views this transaction as a way to connect traditional stock markets with digital currencies. The deal is pending regulatory approval and final agreements, and it could position NewGenIVF as one of the biggest Solana holders in Asia.

Virtu Financial, a Wall Street firm with $7 billion in assets, disclosed it holds $63 million in XRP as of September 30, 2025, alongside Bitcoin and Ethereum. This is the first time the firm has publicly held digital assets, reflecting growing institutional interest in XRP. Simultaneously, on-chain data indicates that large XRP holders, often called whales, are selling off significant amounts of XRP, averaging $260 million daily. This selling pressure has contributed to a 27% price decrease of XRP since early August, dropping from $3.30 to around $2.40. Long-term holders who acquired XRP before November 2024 have increased their selling activity by 580%. In contrast, crypto exchange Coinbase saw $23.93 million in net XRP inflows recently. Separately, Evernorth, backed by Ripple, has increased its XRP treasury to $1 billion. XRP is currently trading at $2.51, up 3.17% in the last 24 hours, maintaining a 21.22% year-to-date increase.

Despite a recent market downturn influenced by economic announcements, XRP, Bitcoin, and Solana are identified as cryptocurrencies with potential for growth leading into Halloween 2025. XRP has seen a 381% increase over the past year, driven by partnerships and the launch of its own stablecoin, RLUSD, with analysts suggesting it could reach $5-$10 if pending ETF approvals and crypto regulation pass in the U.S. Bitcoin recently hit a record high of $126,080 on October 6th, with projections suggesting it could reach $250,000 by 2026 if the US SEC modernizes federal securities laws for crypto. Solana is highlighted for its speed and efficiency, with recent launches of spot Solana ETFs potentially driving institutional investment and aiming towards $1,000 by Christmas under strong bull market conditions. Bitcoin Hyper (HYPER), currently in presale, is also mentioned as a potential trending crypto for 2026, combining Bitcoin's security with Layer-2 capabilities and meme-driven appeal.

According to a 21-page report generated by Anthropic's Claude AI, XRP, SUI, AAVE, and a new meme coin called Maxi Doge are predicted to be promising cryptocurrency investments for those who buy and hold them now, with a target date of Halloween 2025. The AI suggests XRP could reach $8 by the end of next year, a 217% increase from its current price of $2.52. SUI is projected to potentially reach $25 next year from its current price of $2.35. AAVE is expected to potentially soar to $1,000 from its current level of $217. Maxi Doge, currently in presale at $0.0002655, is estimated to have potential returns of up to 4,900%, possibly reaching $0.013275 in a year.

Bitwise has finalized its application for an XRP exchange-traded fund (ETF) by adding details about the listing exchange (NYSE) and a management fee of 0.34%. This indicates the ETF is close to being ready for SEC approval. Experts suggest that due to the concise nature of Bitwise's filing, the ETF could potentially launch in as little as twenty days. Other companies like VanEck and Canary Funds are also in the process of filing for XRP ETFs, which may lead to several XRP ETFs launching around the same time. The market is watching for SEC feedback, which could pave the way for these products to start trading.

Changpeng Zhao's lawyer has demanded that Senator Elizabeth Warren retract statements she made after Zhao received a pardon from President Trump. The lawyer, Teresa Goody Guilln, claims Warren's statements are defamatory and damaging to Zhao's reputation, and is considering a libel lawsuit. Warren had criticized the pardon, claiming Zhao pleaded guilty to criminal money laundering charges and calling the pardon blatant corruption. Zhao had pleaded guilty in 2023 to failing to maintain an effective anti-money laundering program, resulting in a $50 million fine for him and a $4.3 billion settlement for Binance. Warren also questioned a potential deal between World Liberty Financial and Binance, suggesting it enriched the Trump family. Goody Guilln refuted Warren's claims, arguing they are factually unsound. Warren's office has not responded to requests for comment.

Tether, the company behind the USDT stablecoin, has seen substantial profits, exceeding $13 billion in 2024 and surpassing $10 billion by Q3 2025. This success is attributed to increasing trust in USDT and the growing demand for stablecoins globally, now serving over 500 million users. Tether's profits come from investing the reserves backing USDT, primarily in U.S. Treasury holdings, which totaled approximately $135 billion by Q3 2025, making them a major holder of U.S. government debt. They also profit from Bitcoin and gold holdings, with significant unrealized gains in 2024. USDT dominates the stablecoin market with a circulating supply exceeding $174 billion by September 2025 and over $183 billion by October 2025, representing over 60% of the market. The company has been strategically investing in U.S.-based ventures, including a significant investment in Rumble. Meanwhile, new platforms like Stabull Finance are emerging to address specific needs within the stablecoin market, such as trading non-USD currency pairs. The total stablecoin market capitalization is projected to reach $2 trillion by 2028.

Crypto exchange MEXC has publicly apologized to a crypto trader known as The White Whale and released over $3 million in frozen funds that had been held since August. MEXC's Chief Strategy Officer admitted the exchange's internal operations hadn't kept pace with its rapid growth, leading to miscommunication and the fund freeze. The trader's account was initially frozen under risk control protocols, and MEXC had requested an in-person identity verification in Malaysia. The White Whale, who claimed he was only profitable on the platform and didn't use bots or privileged access, will donate the recovered funds, with half going to early supporters through an NFT campaign and the rest to non-profit organizations. The dispute gained attention as a case highlighting issues of transparency and user rights on centralized exchanges. MEXC's apology signals a recognition of the need for improved communication and handling of compliance actions.

$CLASH has raised $500,000 and launched its first NFT collection on Magic Eden, aiming to expand into Web3 gaming. The funds will be used for community rewards, tournaments, and token incentives. Tier 2 Legendary NFTs are currently available, with Epic and Rare NFTs coming soon, offering gameplay benefits. The collection quickly became a top Solana project by volume. A $CLASH Community Tournament is scheduled for tonight at 8:00 PM CT with SOL prizes for the top ten finishers, and bonuses for holders of 20,000+ $CLASH. Spectators and participants outside the top ten also have a chance to win SOL, but must hold 2,000+ $CLASH in their registered wallet within 48 hours after the event. Additionally, a Gleam giveaway is running until November 30, offering SOL and NFTs as prizes for completing social actions. $CLASH has been trending on Solana charts and aims to lead community-driven Web3 gaming.

Canary Capital's spot XRP ETF, trading under the ticker XRPF, is scheduled to launch on Nasdaq on November 13. This ETF will allow investors to gain exposure to XRP's price without directly holding the cryptocurrency. The launch follows the clearing of all SEC-related delays and is expected to attract institutional investment. Market analysis indicates XRP has broken out of a 7-year technical pattern, suggesting potential upward price movement. The introduction of this ETF could potentially lead to more altcoin ETFs in the future by bridging the gap between traditional finance and the crypto market.

Tether's Q3 2025 report reveals substantial financial growth, with over $10 billion in profit for the year so far. The company's USD stablecoin has reached $174.4 billion in circulation. Tether holds $135 billion in U.S. Treasuries, making it the 17th largest holder globally. Total reserves are reported at $181.2 billion, with $6.8 billion in excess reserves. Tether estimates over 500 million users worldwide and is also expanding into AI, renewable energy and P2P technology.

Despite a recent price dip, analysts remain optimistic about Sei's price. The coin is currently trading around $0.19, a 4.12% decrease in the last 24 hours, and has a market capitalization of $1.16 billion. It's hovering near a support level of $0.18. A break above a specific resistance level could signal upward momentum, potentially reaching new highs if its demand zone holds. Another analyst noted a TD sequential buy signal, suggesting a potential reversal and a possible rise towards $0.25 and $0.31 if the price holds above $0.19.

Litecoin's price is currently around $94, and analysts are watching to see if it can hold above the $90-$91 support level. If it stays above this level, some analysts predict it could potentially rise significantly, possibly reaching $4,000. This prediction is based on technical analysis of Litecoin's price patterns and comparisons to how other cryptocurrencies have behaved in the past. Reaching $4,000 would give Litecoin a market capitalization of roughly $306 billion. However, there are risks involved, as a drop below $88 could lead to a temporary price decline. The overall sentiment is cautiously optimistic, with many believing Litecoin is undervalued given its utility and adoption.

VanEck and Jito have filed an updated application with the SEC for a Solana ETF, aiming to track the price of Solana (SOL) while also generating staking rewards through Jito's validator network. This filing outlines how VanEck would maintain full control of the SOL assets under regulatory guidelines. If approved, this ETF could be the first in the U.S. to offer regulated Solana exposure with the added benefit of staking yield. The ETF plans to reinvest staking rewards back into the fund to increase returns for shareholders while ensuring sufficient liquidity. The market is watching this development closely, anticipating potential inflows from investors looking to diversify their crypto holdings.

The T3 Financial Crime Unit (T3 FCU), a joint effort between Tether, TRON, and TRM Labs, has frozen over $300 million in criminal assets worldwide since September 2024. This unit assists law enforcement in 23 jurisdictions across multiple continents, targeting money laundering, investment fraud, terrorism financing, and organized crime. A significant operation, Lusocoin in Brazil, led to freezing over R$3 billion, including 4.3 million USDT. The United States recorded $83 million in frozen assets through T3 FCU's help. Illicit goods and services make up 39% of investigated cases, with fraud, scams, hacks, and exploits also being key areas of focus. T3 FCU has launched the T3+ Global Collaborator Program, with Binance as its first member, to improve information sharing and law enforcement coordination.

A discussion on X (formerly Twitter) was sparked by a crypto analyst asking about the purpose of XRP, the token associated with Ripple. The discussion included explanations of how the XRP Ledger, the technology behind the token, works. One key function of XRP is to prevent spam on the network by requiring a small fee for each transaction. It also facilitates exchanges between different currencies on the Ledger without needing intermediaries. While the technology is considered advanced, questions were raised about whether these features will create lasting demand and value for the XRP token itself. Ripple's CTO defended XRP's unique position as the only asset accessible to all accounts on the Ledger without risk of default or freezing, suggesting it captures value from network transactions.

Dogecoin's price has fallen below $0.200, experiencing a "Death Cross" technical pattern where the 50-day Exponential Moving Average dropped below the 200-day EMA, signaling a potential downtrend after three months of positive market sentiment. This indicates weakening investor confidence and possible increased price volatility. Large Dogecoin holders, or "whales," have sold approximately 1.05 billion DOGE, worth over $180 million, within the past week. Specifically, whales holding 10 to 100 million DOGE reduced their holdings by 800 million DOGE starting October 27, and those holding 100 million to 1 billion DOGE have sold off another 250 million DOGE more recently. Dogecoin's price is currently around $0.185, and could potentially decline further to $0.175 or even $0.165 if the bearish momentum continues. A rebound to $0.199 and above $0.209 is possible, which would contradict the negative outlook.

Three crypto stocks, Circle Internet Group (CRCL), BitMine Immersion Technologies (BMNR), and Robinhood Markets (HOOD), are highlighted as potentially profitable in November. Circle's stock (CRCL) is up 2.8% in pre-market trading to $122.7, with a market cap of $28.2 billion, driven by the growth of its USDC stablecoin and the launch of its Arc testnet, a new Layer-1 blockchain. Bernstein analysts forecast a $230 target for the stock. BitMine's stock (BMNR) is up 5.2% in pre-market trading at $44.5, having surged over 555% in the last six months and over 1,013% in the past year, boosted by its aggressive accumulation of Ethereum (ETH), now totaling 3.31 million ETH valued at $13.7 billion. Robinhood's stock (HOOD) is up 2.35% in pre-market trading, priced at $138.07 with a market cap of $122.7 billion, fueled by the rising price of Bitcoin, Ark Invest's recent purchase of 167,489 shares, and the addition of the SEI token to its platform, broadening access to altcoins for its 25 million users.

Prenetics, a health science company, purchased 100 Bitcoin for about $109,594 each on October 31, 2025. This increases their total Bitcoin holdings to 378, worth approximately $41 million. Recently, Prenetics raised $44 million in an oversubscribed equity offering and now has $127 million in liquidity, with no debt. The company started investing in Bitcoin in June 2025 with a $20 million purchase and plans to continue acquiring Bitcoin strategically. Prenetics aims to grow its IM8 supplement business, which generates $100 million in annual recurring revenue and is projected to reach $180 to $200 million in 2026, while also expanding its Bitcoin holdings.

Stellar is partnering with Chainlink to enhance its capabilities in connecting traditional finance with decentralized finance. Stellar will integrate Chainlink's technology, including CCIP, Data Feeds, and Data Streams, to enable secure movement of assets across different blockchains and provide access to reliable data for developers and financial institutions. This integration aims to improve interoperability, allowing for token transfers and automated smart contract actions across chains. Chainlink's infrastructure currently secures over $100 billion in decentralized finance and facilitates trillions in on-chain transactions. Stellar's blockchain processed $5.4 billion in real-world asset payments in the last quarter. The partnership ultimately aims to connect real-world assets and decentralized applications within a unified network, potentially making Stellar a more competitive platform for tokenized assets and cross-chain transfers.

A fabricated screenshot circulated on Crypto Twitter falsely claimed Binance founder CZ sold 35 million ASTER tokens, worth $30 million. Blockchain analysts quickly debunked this, proving the image doctored a Binance hot wallet transaction with an incorrect timestamp and fake wallet address. CZ himself refuted the claims as "fake news" on X. Simultaneously, the Aster team announced updates to its tokenomics, refining its buyback and airdrop model to strengthen long-term value. The update involves burning 50% of buyback tokens to reduce supply and redirecting the other 50% to a locked airdrop address for future rewards. Despite the false rumor, ASTER's trading price remained relatively stable, highlighting the impact of swift debunking by analysts and transparency from the Aster team. The event underscored the ease of spreading misinformation through fake on-chain screenshots and the importance of verification.

Sam Bankman-Fried (SBF) has released a report claiming that FTX was never insolvent, stating that the exchange had enough assets to repay all customers. The report alleges that 98% of creditors have already received 120% of their original claims. SBF argues that the collapse was due to mismanagement by bankruptcy lawyers, who he accuses of destroying value by selling assets at low prices. He claims that FTX held assets worth $136 billion, including significant stakes in Anthropic, Robinhood, and various cryptocurrencies. However, on-chain investigator ZachXBT challenges this narrative, stating that creditors were repaid based on November 2022 prices, meaning they missed out on potential gains from assets like SOL and BTC. The report has sparked debate within the crypto community, with some viewing it as an attempt to rewrite history, while others find the data compelling.

Virtu Financial, a company managing $7 billion in assets, holds $63 million worth of XRP. At the same time, large XRP holders, known as whales, have been selling off their XRP holdings, amounting to a total of $260 million in sales.

Tether, the company behind the USDT stablecoin, announced a $10 billion profit for the year so far in its Q3 2025 report. The company holds $135 billion in U.S. Treasury bonds, making it the 17th largest holder of U.S. government debt worldwide, surpassing South Korea. Over $17 billion in new USDT tokens were issued during the quarter, bringing the total circulating supply to $174 billion. Tether also holds $12.9 billion in gold reserves and $9.9 billion in Bitcoin reserves. The company has a surplus of nearly $6.8 billion above its liabilities, which are directly related to USDT tokens. Tether finalized the Celsius litigation settlement using its own investment capital and launched a share buyback program using profits, signaling financial stability.

The NEAR Protocol has completed its first halving, reducing its maximum annual inflation rate from 5% to 2.5%. This change cuts the rate at which new NEAR tokens are created, aiming for more sustainable tokenomics. With approximately 50% of NEAR tokens staked, participants can expect around 4.75% annual staking rewards. Alongside the halving, NEAR launched the House of Stake, an on-chain mechanism for managing inflation policy and validator decisions. NEAR Intents, a cross-chain interoperability layer, now supports over 120 assets and has exceeded $3 billion in total transaction volume. This upgrade comes as NEAR celebrates its fifth anniversary on mainnet.

MicroStrategy's stock valuation, which is closely tied to its Bitcoin holdings, has seen its premium over those holdings decrease to about 1.3 times its market-adjusted net asset value. This has raised concerns among analysts, leading to lowered price targets from Cantor Fitzgerald, TD Cowen, and Maxim Group. These analysts cite slower Bitcoin price appreciation and a reduced pace of capital issuance as reasons for caution. While the company reported $3.9 billion in unrealized gains on its Bitcoin holdings for the third quarter, the pace has slowed. To address funding concerns, MicroStrategy is increasing the yield on its preferred shares and looking to international markets for capital. The company faces approximately $689 million in annual interest and dividend expenses. Cantor Fitzgerald estimates Bitcoin would need to reach $150,000 by year-end for MicroStrategy to meet its fourth-quarter operating income guidance.

The article discusses Ripple's potential acquisition of Hidden Road, highlighting it as a significant strategic move that could drive substantial growth for XRP. The acquisition is presented as a positive catalyst. The article posits that this acquisition is Ripple's best so far.

Coinbase increased its Ethereum holdings by $100 million, adding approximately 148,000 ETH to its reserves, now worth over $617 million. This brings their ETH holdings to 27% of their portfolio, with Bitcoin comprising the remaining 73%. Simultaneously, Coinbase is developing its Ethereum Layer 2 network, Base, aiming for 10,000 transactions per second by 2026 through upgrades and technologies like zk-proofs. Base is reportedly generating around $100 million in yearly revenue. Coinbase is also investing in Ethereum scaling tools, indicating a deeper integration and commitment to the Ethereum ecosystem.

Circle, a major stablecoin issuer, has raised concerns about potential regulatory conflicts in the European Union. The company warns that stablecoin providers might be required to obtain two separate licenses for the same activities related to handling e-money tokens, starting in March 2026. This issue stems from an overlap between the EU's Markets in Crypto-Assets (MiCA) regulations and the Payment Services Directive, potentially creating duplicate licensing needs for custody and transfer services. Circle's EU policy chief, Patrick Hansen, suggests this could lead to service providers withdrawing from the market or users turning to unregulated crypto assets. To resolve this, Hansen proposes extending transition periods until 2027 and amending the Payment Services Directive 3 to clarify that MiCA should exclusively govern e-money token activities. Circle's CEO, Jeremy Allaire, supports Hansen's assessment, emphasizing the need for regulatory simplicity in Europe.

In October, the average Bitcoin spot order size on Binance reached $1.96 million, a high not seen in recent months. Total Bitcoin spot volume on the exchange also increased to $2.82 billion. This rise in large orders is happening while Bitcoin's price remains stable around $108,000. Market analysts are interpreting this as a sign that large investors, often called whales, are buying Bitcoin, possibly in anticipation of future price increases following the Bitcoin halving event. CryptoQuant's data suggests professional traders are increasing their Bitcoin holdings.

The U.S. Treasury has announced a new interest rate of 4.03% for Series I bonds purchased between November 1 and April 30. This rate replaces the previous 3.98% and consists of a 3.12% variable portion tied to inflation and a 0.90% fixed portion. The fixed portion is lower than the 1.10% rate announced in May. The composite rate, which is the combined yield, applies for the first six months after purchase. After that, the variable portion adjusts based on new announcements while the fixed portion remains the same. I bonds earn interest for up to 30 years but cannot be redeemed within the first year; early redemption before five years forfeits the last three months of interest. Separately, Treasury yields increased this week as expectations for a Federal Reserve interest rate cut in December lessened. The 10-year Treasury note traded around 4.10%. Recent communication from Federal Reserve Chair Jerome Powell led to selling pressure, as further rate easing is not guaranteed. Some earlier expectations for aggressive cuts have eased due to uncertainty surrounding economic data releases. Meta Platforms also completed a $30 billion bond sale, contributing to corporate debt in the market. There were also differing views among regional Federal Reserve officials regarding recent rate cuts.

Bitcoin, known for historically strong performance in October (dubbed "Uptober"), is facing a potential downturn in October 2025. Having opened the month at $114,079 and briefly reaching a new all-time high of $126,080, Bitcoin experienced a flash crash mid-month, falling as low as $101,000. As October nears its end, Bitcoin is consolidating around $110,000, roughly 4% below its opening price. The last time Bitcoin closed October in the red was in 2018 at $6,303, about 4% below that months open of $6,958. The concern is whether a red October will be followed by a negative November, mirroring the steep crash of 36.4% seen in November 2018. Unlike 2018, current market conditions such as institutional interest and long-term holder behavior suggest the overall bullish trend remains intact, unless Spot Bitcoin ETFs perform poorly. Currently, Bitcoin is trading at $109,700.

Following the Federal Reserve's interest rate cut on October 29th, Bitcoin's price decreased, leading to increased Bitcoin deposits on Binance. Analysis of on-chain data reveals that the sell-off was primarily driven by short-term traders who had held their Bitcoin for less than 24 hours. Specifically, 10,009 BTC deposited on Binance came from these short-term holders. Long-term holders, those holding Bitcoin for over six months, largely maintained their positions. This suggests that the price drop was a reaction to the news by speculators, rather than a fundamental shift in the market driven by long-term investors. This short-term selling coincided with outflows from spot Bitcoin ETFs. Bitcoin is currently trading around $109,725, reflecting recent declines but still showing a significant increase over the past year.

On November 1st, Ripple is scheduled to release 1 billion XRP from escrow, worth approximately $2.5 billion. This is a part of their regular monthly process to manage the supply of XRP. Historically, Ripple re-locks 70-80% of the released XRP, using the remaining 20-30% for operational needs, sales to institutions, and supporting the XRP ecosystem. While the release is large, most of the XRP is expected to return to escrow, which should minimize the impact on the market price. However, traders will be watching to see how much Ripple re-locks, as this could indicate their future plans for distributing or funding activities. The release happens amidst optimism from institutional expansion and Evernorth's plans to go public, and community discussion about how market cap should be calculated with XRP in escrow.

Market analysts are observing a potential trend reversal for Worldcoin, an AI-focused cryptocurrency. Worldcoin is currently trading around $0.80, down 6.10% in the last 24 hours, with a market capitalization of $1.82 billion. It is consolidating near a support range of $0.75 to $0.80. An analyst, Lucky, noted the coin has entered a key demand zone. A break above the upper resistance could spark renewed market confidence. Technical indicators show reduced volatility and mild oversold conditions, suggesting a potential buildup for a breakout. Immediate support is at $0.792, with resistance near $0.898.

Binance Labs research indicates BNB Coin is performing strongly, leading in DEX trading volume, active users, and stablecoin wallet addresses. Its annualized price gain is around 113%, surpassing ETH, BTC, and SOL. This growth is happening even with limited exposure to the US market, now changing with listings on Robinhood and Coinbase. BNB Chain dominates the DEX market, driven by Aster's launch, with over $2.8 trillion in platform volume. Binance emphasizes BNB's role in linking CeFi and DeFi. With Binance's market share and BNB's burn mechanism, its price may continue to rise after potentially exceeding its all-time high. BNB is currently holding above a key support zone between $1,060 and $1,080. A break above $1,180 could push it towards $1,250-$1,360, potentially reaching a new all-time high, while dropping below $1,060 could lead to a retest near $1,000. Separately, Maxi Doge, a meme coin on Ethereum, has raised over $3.84 million in its presale, offering a 79% APY staking reward.

Charles Hoskinson, the founder of Cardano, has stated that he views Cardano as a spiritual successor to Bitcoin. The article doesn't provide specific details about what aspects make Cardano a successor or any immediate market reactions.

Sui (SUI) is currently trading around $2.31, recently dropping about 7% in a day and 15% over the week. Analysts are watching the $2.28 support level closely, believing that holding above it could lead to a potential rise towards $3.00 in the near future and possibly $10 by 2026 if the $2 support level holds. However, a significant token unlock of approximately $103 million is scheduled for November 1st, which could introduce volatility as more tokens become available. Some analysts predict a rise to $4 by the end of 2025 if Sui recovers from its recent dip. Maintaining the $2.28 level is considered critical for the token's bullish outlook, while falling below it could lead to further price declines. Long-term forecasts suggest an average price of $7-$9 by 2026, with potential highs of $10.83 under favorable market conditions.

The article discusses how the Bitcoin Lightning Network's public capacity, currently at approximately 4,132 BTC, might not accurately reflect its actual usage. Exchanges like Coinbase, OKX, Kraken, and Binance are increasingly routing payments through private channels and custodial solutions, which aren't visible in public metrics. Merchant adoption is also growing, with CoinGate reporting a near doubling of BTC merchant payments via Lightning from 2023 to the first half of 2024. Stablecoin integration, particularly Tether's USDt via Lightning, could further increase transaction volumes without a proportional rise in public channel collateral. Wallet and protocol upgrades like splicing and dual funding are also leading to fewer, more efficient channels. Scenarios for the next year suggest public capacity could range from 3,000 to 6,500 BTC, depending on factors like exchange routing, USDt adoption, and regulatory policies. The key takeaway is that public capacity is becoming a less reliable indicator of Lightning Network activity as more transactions occur through private and custodial channels.

Despite a recent price drop for Cardano (ADA), the Cardano network has seen a significant increase in activity. The adjusted on-chain volume, which represents the value of transactions processed on the network, has surged, exceeding $6 billion after a 21% increase. This indicates a rise in trading activity and liquidity, even as the number of active user addresses on the network experienced a slight decrease. Interestingly, while the overall price of Cardano has fallen, the cryptocurrency exchange Coinbase has significantly increased its holdings of Cardano, suggesting growing institutional interest in the asset. Coinbase's holdings of wrapped Cardano (cbADA) have risen by 83% in less than a month, now totaling 17.48 million ADA. This accumulation, along with a rise in open interest on Coinbase, points to continued and accelerating demand for Cardano.

Coinbase had a strong third quarter, driven significantly by its partnership with Circle and the growth of the USDC stablecoin. Revenue from the Circle partnership reached $354.7 million, the largest component of their subscriptions and services business. Coinbase holds $15 billion of USDC on its platform and is expanding its services to include embedded finance, allowing for seamless integration of crypto payments into various online platforms. The company is also working with Citigroup and Apollo Global Management to expand stablecoin payment services and stablecoin-backed lending. MicroStrategy, led by Michael Saylor, is focusing on international expansion, particularly in Canada, Europe, and Latin America, and is avoiding mergers and acquisitions with struggling digital asset treasuries to maintain a clean balance sheet. While Coinbase is pushing forward with its Base platform, its revenue contribution is still minimal.

A New York bankruptcy court has extended a freeze on $63 million in USD Coin (USDC) that was stolen in a hack of the Multichain cross-chain bridge protocol in July 2023. Liquidators from Singapore overseeing Multichain's collapse requested the freeze to prevent the funds from being moved and potentially lost. Circle, the issuer of USDC, will keep the addresses holding the stolen funds blacklisted, preventing any transfers. The freeze was initially put in place at the request of the U.S. Department of Justice, but was later lifted. This new court order restores the freeze, preventing competing claims over the funds, including a class action lawsuit from U.S. investors. The hack resulted in over $210 million being stolen from Multichain. The liquidators seek to recover these assets as part of the broader winding-up process after the company's CEO was detained in China.

The crypto market experienced a downturn, with the overall market capitalization decreasing by nearly 1%. Market sentiment reflects fear among traders. Several factors are contributing to this decline, including uncertainty surrounding the US Federal Reserve's future policies, reduced interest from large institutional investors, and investors taking profits after recent market gains. The Federal Reserve's announcement of a 25 bps rate cut initially boosted the market, but Chairman Powell's cautious comments about future rate adjustments based on economic data created uncertainty. Data indicates institutions are pulling money out of Bitcoin ETFs, with nearly $1 billion in outflows over two days. Additionally, the market saw around $700 million in liquidations. Despite the current downturn, potential positive factors include lower interest rates and easing trade tensions between the US and China, which could lead to a market rebound.

The article reports that Sam Bankman-Fried's prospects for receiving a pardon have increased. This change in outlook is linked to a recent revelation made by CZ, presumably Changpeng Zhao, the former CEO of Binance. The specific nature of CZ's revelation and its direct influence on Bankman-Fried's pardon chances are not detailed in the provided title.

The cryptocurrency market experienced a significant downturn this week, losing $220 billion in total value. Bitcoin's decline led the market drop, spurred by large sales from institutional investors. Altcoins experienced even steeper losses due to low trading volumes and liquidations of leveraged positions. Uncertainty regarding potential interest rate cuts by the Federal Reserve contributed to a risk-off sentiment, causing investors to move away from crypto. Over 165,000 traders were liquidated on major exchanges during this period of volatility.

BTCS S.A., a publicly listed company on the Warsaw Stock Exchange (BTF) since 2010, has transitioned from an electronics distributor to a technology company focused on blockchain infrastructure and digital-asset management. Originally Vakomtek S.A., the company rebranded to BTCS S.A. to reflect its new strategic direction. The company is now developing infrastructure for staking, validation, and digital-treasury management.

Coinbase is reportedly close to finalizing a deal to acquire BVNK, a stablecoin platform, for approximately $2 billion. This acquisition would significantly expand Coinbase's presence in the stablecoin market. The deal is expected to be completed soon and would represent a major investment by Coinbase in expanding its services and infrastructure related to stablecoins.

Global banking regulators are reconsidering the rules for how banks handle crypto assets, especially stablecoins, due to pressure to update the strict capital requirements initially set in 2022. These original rules, which required banks to hold capital equal to the full value of many crypto holdings, discouraged them from engaging with crypto. The current review is prompted by the growth of stablecoins and a changing view of digital assets. The United States is leading the push for revisions, arguing the original rules are outdated. While the Basel Committee's guidelines aren't binding, its members, including the U.S., the U.K., and several Asian countries, are considering revisions before the January 2026 implementation date. The European Central Bank supports implementing the existing rules first. Industry groups are urging regulators to ease the capital burden, arguing that the current approach is too restrictive and contradicts technology-neutral policies. Concerns are also rising about the potential for significant outflows from emerging-market banks into stablecoins.

Optimism's price is currently around $0.40, down 2.07% in the last 24 hours. Some analysts believe the price could recover because Optimism's performance is correlated with global liquidity, and liquidity is increasing. Other analysts are more cautious, stating that the price needs to break above the $0.51-$0.52 range, which is now a resistance level, before a recovery can be confirmed. If it doesn't break this resistance, the price could fall further. Trading volume is around $115 million, indicating cautious investor sentiment.