Author: John Smith

XRP price is falling, but trading activity is on the rise. Could this divergence signal a shakeout or the calm before a recovery? Summary XRP price has dropped to $2.40, falling below its 200-day EMA, with losses of 0.45% in 24H and nearly 5% in the past week. Trading volume jumped 4.91%, suggesting profit-taking or risk-off sentiment among investors. Geopolitical tensions and the US government shutdown have spooked broader markets and stalled ETF approvals, including three XRP filings. A breakout above $2.50, backed by strong RSI and volume, is needed to reverse the bearish trend. XRP price is facing downward…

Several whales are deploying millions of funds into Bitcoin long positions on Hyperliquid as the asset sees slight gains. Will it be enough to catapult BTC back to the $110,000 level? Summary Whales deploy millions into USDC to open large leveraged long positions on Bitcoin, signaling growing bullish sentiment as long positions now dominate 51.98% of the market. Bitcoin is consolidating around $108,200 below its 30-day moving average, and sustained whale accumulation could trigger a breakout toward the $115,000–$118,000 resistance range. On Oct. 22, Lookonchain detected a wave of whale activity on-chain, namely the increase of funds deployed on long…

Inflows returned spot Bitcoin ETFs in the U.S. returned on Tuesday, as Bitcoin briefly surged past $113,000 while gold witnessed a sharp sell-off on the day. Summary Spot Bitcoin ETFs ended their outflow streak with $477 million in inflows on Tuesday. Inflows were triggered by a Bitcoin rally to $113k as Gold and Silver prices fell on the day. According to data from SoSoValue, the 12 spot Bitcoin ETFs saw $477.19 million in net inflows on Oct. 21, snapping a four-day outflow streak during which over $1 billion exited the funds. BlackRock’s IBIT saw the most inflows with $210.9 million…

A new dispute has emerged between U.S. banks and crypto firms after comments about stablecoin interest products sparked public criticism from Kraken’s chief executive. Summary Kraken CEO David Ripley criticized the ABA for opposing stablecoin interest payments. The debate highlights growing competition between banks and crypto platforms The GENIUS Act passage provided a framework for stablecoin issuers to thrive. The ongoing rivalry between banks and crypto platforms took another turn this week as Kraken’s chief executive officer David Ripley pushed back against the American Bankers Association’s warning on stablecoin interest products. Ripley responded via an Oct. 22 post on X…

Pi Network price stalls within its accumulation zone between $0.20 and $0.28, suggesting price may continue to range longer as the market seeks equilibrium after volatility. Summary $0.20 acts as strong accumulation support with daily closes holding firm. $0.28 serves as the upper range resistance capping upside momentum. Low volume suggests consolidation may persist before any breakout attempt. Pi Network’s (PI) price action has entered a clear phase of accumulation, with the market stabilizing between well-defined support and resistance levels. Following a period of heightened volatility and an oversold bounce, price has now established a structural range between $0.20 support and $0.28 resistance.…

Circle is releasing a new developer toolkit designed to reduce the complexity of integrating cross-chain USDC transfers. The Bridge Kit packages existing protocol functions into a streamlined SDK, potentially cutting significant time from development cycles. Summary Circle unveiled Bridge Kit, a new SDK that simplifies cross-chain USDC transfers using its Cross-Chain Transfer Protocol (CCTP). The toolkit condenses complex bridging steps into a single method call, enabling transfers between EVM and non-EVM chains. In an announcement on Oct. 21, USDC issuer Circle unveiled its Bridge Kit, a developer toolkit that abstracts the underlying complexity of its Cross-Chain Transfer Protocol. The kit…

Tokenized gold tokens XAUt and PAXG prices fell more than 6% each over the past 24 hours as the price of gold slumped to its biggest intraday dip. Summary Tether Gold and PAX Gold fell 6% each as tokenized gold tokens slumped alongside Gold. Spot gold fell to $4,122 an ounce, with the precious metal falling to its biggest intraday drop since 2013. Bitcoin saw slight gains amid the gold slump, rising to above $112,000. As Bitcoin price edged up to above $112,000 amid a slight uptick for cryptocurrencies, the top two tokenized gold tokens by market cap bucked the…

Flare has become the top EVM DeFi ecosystem for XRP after the launch of the wrapped FXRP token. Summary Flare Network became the largest EVM DeFi ecosystem for wrapped XRP tokens Since FXRP’s launch, its network TVL rose 37.9% The total value locked of XRP on the network reached $86.2 million XRP is increasingly expanding into the world of DeFi. On October 21, Flare Network announced rapid growth in the total value locked of FXRP, a trustless wrapped version of XRP on the chain. What’s more, the protocol stated that it had become the largest EVM DeFi ecosystem for XRP.…

Real-world-asset tokenization blockchain MANTRA and decentralized data infrastructure provider Inveniam Capital Partners have announced the launch of a new layer-2 blockchain. Summary MANTRA has launched its first layer 2 chain in collaboration with Inveniam. The L2 will power the utilization and management of commercial real estate data. Inveniam Chain supports multiple blockchains including Ethereum, Avalanche and Hedera. Inveniam and MANTRA say the new layer 2 blockchain is purpose-built to advance the management and utilization of private real estate assets. The L2 targets the artificial intelligence and decentralized finance ecosystems and will power the management and utilization of commercial real estate…

Solana Mobile has pulled the plug on software support for the Saga, closing the book on a device whose legacy will be defined less by its Web3 ambitions than by its wild, airdrop-fueled second act. Summary Solana Mobile has officially ended software and customer support for the Saga smartphone. The phone, which sold about 20,000 units, gained cult status after preloaded wallets became hotspots for lucrative memecoin airdrops. Saga’s short two-year support cycle aligns with Solana Mobile’s pivot to its next device, the Seeker. In a recent notice issued recently, the Solana Mobile team said the Saga has officially reached…