XRP Flashes Bullish Signal as Exchange Balances Drop 3%
XRP is showing a bullish technical signal after on‑chain data revealed a roughly 3% decline in XRP held on exchanges, a shift analysts say reduces near‑term selling pressure. The move coincides with XRP trading around $2.45, and observers point to withdrawals to wallets as evidence of accumulation by long‑term holders. Lower exchange inventories can tighten liquidity and amplify upside moves if demand rises, making the metric a closely watched gauge for potential renewed price momentum.
Asia Morning Briefing: After CZ’s Pardon, Odds Rise for Sam Bankman-Fried’s Second Chance
Odds of a presidential pardon for former FTX CEO Sam Bankman‑Fried have ticked up after Donald Trump pardoned Binance founder Changpeng “CZ,” with prediction markets boosting SBF’s chances to about 12% on Polymarket and 16% on Kalshi. The move has...
Bitcoin Climbs to $111K as Whipsaw Action in Crypto Continues
Bitcoin rose to about $110,700 Thursday, trading near a $111,100 intraday high and up roughly 2.7% over 24 hours as crypto markets and related stocks rallied after a volatile week of whipsaw moves. The advance was buoyed by a presidential...
The Crypto Industry Must Evolve to Match Real-World Security Risks
Adrian Ludwig argues that as crypto has grown into a trillion‑dollar ecosystem, its industry must stop treating security failures as solely the user’s problem and design systems that anticipate real‑world risks like phishing, deepfakes and physical coercion. He cites rising...
DeFi Specialist Aave Labs Acquires Stable Finance, Expands Consumer Access to Onchain Savings
Aave Labs has acquired San Francisco startup Stable Finance to integrate its consumer-focused stablecoin savings app and engineering team into Aave’s product roadmap; terms were not disclosed. Founder Mario Baxter Cabrera and his engineers will join Aave Labs, with Cabrera...
Keyrock: Crypto’s Buyback Boom Tests the Industry’s Financial Maturity
Token buybacks in crypto have surged into a mainstream tool for returning value, with protocol payouts rising more than 400% since 2024 and hitting nearly $800 million in Q3 2025, according to Keyrock research. The report finds 12 revenue-distributing protocols...
Canaan’s Turnaround Gains Steam as Benchmark Doubles Price Target to $4
Benchmark raised its price target on Canaan to $4 from $2 and reiterated a buy, citing Nasdaq compliance restored and accelerating demand for its Avalon mining rigs. The broker highlighted Canaan’s largest U.S. order in three years for over 50,000...
Plasma Obtains VASP License, Opens Amsterdam Office to Expand Stablecoin Payments in EU
Plasma said it acquired a VASP‑licensed entity in Italy and opened an Amsterdam office with new compliance leadership as it pushes into regulated EU payments, while applying for MiCA/CASP status and an EMI license. The blockchain has attracted $7 billion...
Crypto Market Maker B2C2 Launches PENNY to Enable Instant, Zero-Fee Stablecoin Swaps
Institutional crypto market maker B2C2 has launched PENNY, a platform that enables instant, zero-fee swaps between major stablecoins such as USDT and USDC across multiple blockchains. The service is pitched to remove on-chain frictions and routing costs for traders by...
Crypto Markets Today: Bitcoin, Ether Edge Higher; HyperLiquid Surges on $1B Purchase Plan
Crypto markets steadied Thursday as Bitcoin and Ether recorded modest gains following weeks of volatility, signaling renewed buyer support. Most notable was HyperLiquid’s HYPE token, which surged after the firm announced a $1 billion purchase plan to buy back tokens...
Ledger Unveils $179 Nano Gen5, Built for Identity in an AI-Driven World
Ledger unveiled the Nano Gen5 hardware wallet priced at $179, positioning the device as a hardware identity solution tailored for an AI-driven digital economy. The company also launched a reimagined Ledger Wallet app (successor to Ledger Live) and Ledger Enterprise...
Risk Proxies Challenge Bitcoin's Bounce; HYPE, XMR Shine: Crypto Daybook Americas
Your day-ahead look for Oct. 23, 2025
Revolut Secures MiCA License in Cyprus, Expanding Regulated Crypto Services Across EU
Revolut has secured a MiCA license via Cyprus’s CySEC, allowing the fintech to offer compliant crypto trading and related services across 30 EEA markets. The approval formalizes Revolut’s regulatory footing under the EU’s Markets in Crypto-Assets framework, expanding its ability...
Polymarket Seeks Investment at Valuation of $12B-$15B: Bloomberg
Polymarket is seeking new investment at a valuation of $12 billion to $15 billion, according to Bloomberg, a dramatic increase from the $1 billion valuation when it raised $200 million in June. The proposed valuation represents more than a tenfold...
Bunni DEX Shuts Down, Cites Recovery Costs After $8.4M Exploit
Bunni DEX announced it is shutting down after an $8.4 million exploit, saying the team cannot afford the cost of relaunching the protocol. Management cited prohibitively high expenses for required security audits and redevelopment as the reason it won’t attempt...
Quantum Solutions Adds 2K ETH to Become 11th-Largest Ether Treasury Company
Quantum Solutions added 2,000 ETH to its corporate treasury, cementing its position as the 11th-largest holder of Ether among corporate treasuries and the second-largest decentralized asset treasury (DAT) outside the United States. The purchase signals continued corporate appetite for crypto...
Canada’s Anti-Money Laundering Watchdog Levies Record $126M Fine on Cryptomus
Canada’s financial intelligence agency FINTRAC slapped a record C$126 million fine on cryptocurrency firm Cryptomus for failing to report suspicious activity, including transactions linked to child sexual abuse material, fraud, ransomware payments and sanctions evasion. The unprecedented penalty follows an...
BTC, XRP, SOL, ADA Hold Flat as Google’s Quantum Breakthrough Rekindles Old Crypto Fears
Bitcoin, Ripple, Solana and Cardano traded flat after Google announced a quantum computing breakthrough, reviving long‑standing fears that such advances could undermine cryptocurrency security. The muted price action comes as October looks set to deliver the weakest gains for investors...
WazirX to Restart Trading on Friday After $230M Hack Caused Year-Long Shutdown
WazirX said it will resume trading on Friday after a year-long shutdown triggered by a $230 million security breach that froze assets and halted withdrawals, marking the final step in a recovery process. The restart follows extensive remediation and controls...
Is Bitcoin Headed for a Crash Below $100K? ‘Grand Daddy’ Volume Indicator Hits Lowest Since April
A widely watched Bitcoin volume indicator — dubbed the “grand daddy” of volume gauges — has fallen to its weakest level since April, suggesting dwindling trading conviction and raising the risk of a corrective sell-off that could push Bitcoin below...
XRP Price Structure Tightens Between $2.33 and $2.44 Ahead of Volatility Break
XRP’s price action has narrowed into a tight range between $2.33 and $2.44, with traders monitoring a breakout above $2.41 or a drop below $2.33 to define the next directional move. The contraction signals building volatility and a likely sharp...
Dogecoin Tests $0.19 Support as Tight Range Signals Breakout Potential
Dogecoin is testing $0.19 support while price has remained range-bound, but traders note rising volume diverging from flat price as a classic accumulation signal. That divergence often precedes a volatility expansion within 24–48 hours, suggesting a near-term breakout—either a bullish...
Hyperliquid Strategies Looks to Raise to $1B to Fund HYPE Treasury Purchases
Hyperliquid Strategies said it plans to raise up to $1 billion by issuing as many as 160 million new shares to fund purchases for its HYPE treasury, naming Chardan Capital Markets as financial advisor. The proposed offering underscores the firm’s...
Coinbase Opens Amex Card With up to 4% Back in BTC for U.S. Coinbase One Members
Coinbase has opened its Coinbase One Card to all U.S. Coinbase One members (a $49.99/year subscription), offering up to 4% back in bitcoin on every purchase, no foreign‑transaction fees, and the ability to pay the card from a linked bank...
Hollywood’s Next Financier: You
Tokenization is enabling fans to directly finance films through compliant platforms and Reg CF offerings, shifting power from studios and wealthy patrons to everyday viewers. Tens of thousands of investors have put more than $30 million into premium projects —...
Stellar Drops 5% Breaking Below $0.32 Support
Stellar’s token XLM fell 5%, sliding from $0.3284 to $0.3119 after breaching a long‑standing $0.32 support level in a high‑volume sell‑off. Trading volume spiked to 53.9 million—about 74% above the 24‑hour average—driven by algorithmic selling and increased European participation, intensifying...
Bitcoin's ‘Inevitable’ Dip Below $100K Could Be Last Chance to Buy at That Level: Standard Chartered
Standard Chartered digital‑asset head Geoffrey Kendrick says a short‑term drop in Bitcoin below $100,000 is now “inevitable” after the Oct. 10 selloff erased a recent push toward his near‑term $135,000 target. He identifies gold‑to‑Bitcoin flows, signs the Fed may halt...
Bitcoin Options Open Interest Outpaces Futures by $40B, Signaling Market Maturation
Bitcoin’s options open interest now exceeds futures by about $40 billion, with options near $108 billion (just below an all‑time high of $112 billion) versus futures at $68 billion, according to CheckonChain. The gap widened after a recent liquidation event...
NHL Opens Door to Prediction Markets in Landmark Deals With Kalshi, Polymarket: WSJ
The NHL struck multiyear licensing deals with prediction‑market platforms Kalshi and Polymarket, the first time a major U.S. sports league has authorized its logos, team names and terms like “Stanley Cup” for non‑sportsbook trading. Kalshi’s CFTC‑regulated model can offer contracts...
CoinDesk 20 Performance Update: Index Drops 3.9% as All Constituents Trade Lower
The CoinDesk 20 index fell 3.9% to 3,565.23, with all 20 constituents trading lower in the latest session. Aptos (APT) and Polkadot (POL) were the best performers, down 0.7% and 3.4% respectively, while Sui (SUI) and Filecoin (FIL) led losses,...
Real Estate Tokenization Firm Propy Eyes $100M U.S. Expansion to Modernize Title Industry
Propy announced a $100 million U.S. expansion to acquire mid‑size property title firms and modernize the roughly $25 billion, paper‑based title industry using blockchain and AI. The licensed title company, which has processed $4 billion in digital transactions, aims to...
Securitize Unveils MCP Server to Power AI Access to Onchain Assets
Securitize launched the MCP Server, an integration layer built on the Model Context Protocol that makes its tokenized real‑world asset (RWA) datasets accessible to enterprise systems and large language models via standardized function calls. The server provides real‑time, structured on‑chain...
Why Bitcoin Volatility Remains Sticky While S&P 500's VIX Reverses October 10 Surge
Bitcoin’s 30‑day implied volatility has stayed elevated above 50% after the Oct. 10 crash, even as the S&P 500’s VIX has retraced from a 29% spike back below 20%. Traders and market‑makers say the stickiness reflects newly priced crypto‑specific risks...
Crypto Markets Today: Zcash Surges to Lead Altcoin Market as Bitcoin Stalls Near $108K
Zcash (ZEC) has led the altcoin market with a blistering 461% gain over the past 30 days, rising to about $276 as interest in shielded tokens—now 27.5% of supply—has constrained sellable supply and driven futures open interest up 22% to...
APAC's Biggest Stock Exchanges Push Back Against Digital Asset Treasury Strategies: Bloomberg
Major Asia-Pacific stock exchanges are increasingly pushing back on corporate digital-asset treasury (DAT) strategies, with Hong Kong Exchanges & Clearing reportedly challenging at least five firms planning to amass large crypto holdings. Regulators and exchanges from India to Australia have...
XDC Network Acquires Contour to Expand Stablecoins and Tokenization in Trade Finance
XDC Network’s venture arm has acquired Contour Network and will relaunch the shuttered blockchain trade‑finance platform with fresh capital, a revised strategy and integration of regulated stablecoins. Contour — previously backed by banks including HSBC, Citi and Standard Chartered —...
Bitcoin OG, Who Profited From Trump’s China Tariffs, Now Holds $234M in BTC Short Position: Arkham
An anonymous Bitcoin “OG” who reportedly made about $200 million shorting BTC ahead of the Oct. 10 sell‑off has reopened a large bearish position, building a $234 million short on decentralized exchange Hyperliquid, Arkham data shows. The position’s liquidation price...
Prediction Markets Say Government Shutdown Will Be Record-Setting: Asia Morning Briefing
Prediction markets are pricing in a historic U.S. government shutdown lasting more than 40 days—Polymarket bettors see a likely resolution around Nov. 15 while Kalshi’s market implies an average duration of 41.6 days, topping the 2019 record. The shutdown will...
Aave Rebounds Above $230 Confirming Double-Bottom Reversal
Aave’s governance token rebounded above $230, rising about 2.5% to $232 after confirming a double‑bottom reversal with support at $220–$221.13 and an 87% surge in trading volume that pushed it above $224.50 resistance. The price move coincided with a strategic...
HBAR Slides 4.3% as Institutional Selling Breaks Key Support
HBAR fell 4.3% to $0.1725 after a 71% surge in volume signaled institutional selling that breached the $0.1720 support, briefly driving the token to $0.1688 before a late‑session rebound to $0.1745. Morning turnover hit 67.16 million tokens, while recovery buying...
Galaxy Digital Says Helios a ‘Gold Rush,’ Reveals Q3 Revenue Beat and Client Growth
Galaxy Digital beat Q3 revenue estimates with $29 billion in revenue—driven by a 140% surge in trading activity—while confirming CoreWeave’s commitment to the full 800 MW of its Helios data center and securing $1.4 billion in project financing. The company...
Gov. Waller: U.S. Fed to 'Embrace Disruption,' Pitches 'Skinny' Master Account Idea
Federal Reserve Governor Christopher Waller said the Fed will “embrace the disruption” from crypto and proposed exploring a limited or “skinny” version of master accounts to give crypto and payments innovators direct access to Fed payment rails. The pared‑down accounts...
Coinbase Sees TradFi Institutions Driving Crypto Derivatives Boom
Coinbase said a coming wave of U.S. and Europe‑based traditional finance institutions will drive a boom in crypto derivatives as asset managers adopt regulated products for hedging and scaled risk‑managed exposure. The company — which acquired Deribit for $2.9 billion...
Arch Aims to Help Bitcoin Holders Slash U.S. Tax Bill With BTC Mining Investments
Crypto lender Arch unveiled TaxShield, a product that lets high‑net‑worth Bitcoin holders use over‑collateralized loans and IRS §168(k) bonus depreciation to buy and host mining rigs, enabling immediate write‑offs of equipment costs. Arch says the structure can materially cut tax...
U.S. Surging in Crypto Activity Under Trump: TRM Labs Report
A TRM Labs report finds U.S. crypto activity surged under President Trump, with transaction volumes in the first half of 2025 topping $1 trillion—about a 50% increase year‑over‑year. TRM attributes the jump to a more favorable political and regulatory environment,...
Debt-Fueled AI Pivot Puts Bitcoin Miners to the Test
Public bitcoin miners have raised record levels of debt and convertible notes—more than $4.6 billion in late 2024 with estimates of up to $6 billion in Q3—as they pivot into AI and high‑performance computing. Major transactions include TerraWulf’s $3.2 billion...
U.S. Crypto Coalition Warns Bank Data Fees Could Cut Off Stablecoins and Wallets
A coalition of crypto, fintech and retail groups urged the Consumer Financial Protection Bureau to preserve strong open‑banking protections in pending Rule 1033, warning that big banks’ efforts to charge for customer data access or narrow who qualifies as a...
Bitcoin Bounce Stalls as XRP, Zcash Lead Gains; Arca Says Rally Not a Dead-Cat Bounce
Crypto’s weekend rebound showed signs of durability on Monday even as Bitcoin’s intraday rally faded — BTC traded around $111,000 and Ether slipped below $4,000 while XRP, Chainlink and privacy token Zcash (up 17%) led gains. Arca said the move...
AAVE Bounces Over 10% in Strong Weekend Recovery Amid RWA Integration Plans
Aave’s governance token AAVE jumped more than 10% from Friday lows to trade around $228–$230 on Monday, briefly topping $230 before meeting resistance near $231 and consolidating above $225. The price bump coincides with Grove’s plan—pending Aave governance approval—to supply...
Centralized Exchanges Are Still Criminals’ Favorite Crypto Money Laundering Tool
Despite high‑profile convictions like Tornado Cash co‑founder Roman Storm, criminal proceeds in 2024 flowed primarily through regulated centralized crypto exchanges, which function as the main on‑ and off‑ramps to fiat, Chainalysis data show. Enforcement actions — including Binance’s publicized 2023...