Author: admin

The bank is working with Coinbase to streamline digital asset payments for institutional clients.

Key takeaways:XRP fractal indicates a 12% to 18% rally in November.On-chain data reveals the highest XRP withdrawal on record, boosting its bullish odds.XRP (XRP) is on track to end October in the red, slipping more than 7.5% so far this month despite a dramatic 109% rebound from its mid-October lows. XRP/USD daily chart. Source: TradingViewThe recovery came amid bullish developments, including Evernorth’s $1 billion XRP treasury purchase and Ripple’s favorable mention of the token in its Hidden Road acquisition announcement.These fundamentals boost XRP’s potential to continue its rebound in November. But how high can the price go? Let’s examine.XRP eyes…

Ethereum’s largest non-exchange holders are tiptoeing back into accumulation. On-chain analytics platform Santiment reported that wallets holding between 100 and 10,000 ETH, also known as whales and sharks, have begun to rebuild positions after unloading roughly 1.36 million ETH between October 5 and 16.  Notably, the Ethereum collective holdings chart shows that nearly one-sixth of those coins have already been clawed back, as some confidence starts to return to the second-largest crypto asset. Related Reading Whales Reverse Course After Early-October Capitulation The first half of October was highlighted by one of Ethereum’s most pronounced periods of capitulation this year. Macroeconomic…

Dolphins have been the primary accumulator in this cycle, so their demand structure could continue to fuel this bull cycle. Bitcoin’s current price movement continues to raise questions about whether the bull cycle is coming to an end. However, accumulation patterns across different cohorts of BTC investors indicate the cycle is in late-stage maturity, not at a definitive end. According to a report from CryptoQuant, on-chain data shows that although bitcoin’s short-term momentum is weakening, its long-term structural demand remains intact. This is substantiated by accumulation patterns in the dolphin cohort, the investor group comprising exchange-traded funds (ETFs), corporations,…

President Donald Trump has selected Michael Selig, chief counsel for the Securities and Exchange Commission’s crypto task force, to chair the Commodity Futures Trading Commission (CFTC). Selig’s nomination, first reported by Bloomberg, marks Trump’s second attempt to fill the CFTC’s top post, following the stalled nomination of Brian Quintenz, a16z crypto’s global policy chief, amid opposition from Gemini co-founder Tyler Winklevoss.  Selig, who serves as an aide to SEC Chairman Paul Atkins, has been instrumental in coordinating regulatory approaches between the SEC and CFTC on financial and crypto market oversight. The CFTC, which regulates futures, swaps, and prediction markets, is…

Blockstream Capital Partners (BCP) has acquired Berglinde AG, a Swiss financial services company known for its bitcoin-backed lending and institutional bitcoin solutions. The move solidifies Blockstream’s presence in Europe and its goal of connecting traditional finance with bitcoin-based products. Founded in 2024 and based in Zug, Switzerland, Berglinde AG quickly became known among banks and institutional investors for its risk management expertise and secure bitcoin-backed lending services. The company provides overcollateralized loans backed by bitcoin, so clients can access liquidity without having to sell their holdings. It also advises financial institutions on Bitcoin integration, regulatory compliance, and product development. The…

The Institute for Supply Management’s (ISM) Manufacturing Purchasing Managers’ Index (PMI) has historically aligned with major peaks in Bitcoin’s market cycles — a pattern that, if repeated, could imply a longer-than-usual cycle this time around.The correlation between the ISM PMI and Bitcoin’s (BTC) price was first popularized by Real Vision’s Raoul Pal and has since gained traction among macro-focused crypto analysts.“All 3 past Bitcoin cycle tops have broadly aligned with this monthly, oscillating index,” analyst Colin Talks Crypto noted, referencing the recurring overlap between Bitcoin’s market highs and the PMI’s cyclical peaks.If that relationship holds, Colin added, “it would indicate…

The US stock market has just achieved a historic milestone, closing at its highest weekly levels ever recorded. The S&P 500 finished the week at 6,791.68 while the US 100 Index reached 25,358.15, both setting new all-time highs. Easing inflation data, strong corporate earnings, and expectations of Federal Reserve rate cuts have all combined to keep investor sentiment bullish. Amid this record-setting environment, crypto analyst Ash Crypto posted an observation on X that asks the question of how high Bitcoin would trade when it finally catches up to the US stock market. US Stock Market’s Record-Breaking Momentum The S&P 500’s…

Federal Reserve Governor Christopher Waller proposed a new payment account on Oct. 21 that would grant stablecoin issuers and crypto firms direct access to Fed payment rails without full master account privileges.The announcement at the Fed’s inaugural Payments Innovation Conference marked a reversal from the central bank’s guarded stance toward digital asset firms.Waller described the concept as a “skinny” master account providing basic Fedwire and ACH connectivity while stripping out interest payments, overdraft facilities, and emergency lending. The new account creates a payments-only door that could reshape how stablecoin issuers settle dollar flows.The account would carry balance caps, pay no…

CZ refutes Warren’s corruption claims after Trump’s pardon, denying money laundering charges and accusing her of spreading misinformation. Binance founder Changpeng Zhao (CZ) has responded strongly to recent claims made by U.S. Senator Elizabeth Warren. The exchange comes after President Donald Trump pardoned Zhao, who had previously pleaded guilty to willfully failing to implement an adequate anti-money laundering (AML) program at Binance. Warren Slams CZ Pardon as Corruption Warren condemned the pardon, saying that CZ had pleaded guilty to a criminal money laundering charge and had been sentenced to prison. She also claimed that he had financed Trump’s stablecoin before…