Author: John Smith
XRP, the digital asset that powers the XRP Ledger (Ripple protocol), nosedived on Friday, Oct. 10, reaching its lowest level since December. Summary Ripple’s XRP token tumbled 63% from its yearly high to $1.37 before bouncing back 75%, triggering $700 million in liquidations and vindicating chartist Peter Brandt’s bearish warning. The drop came amid a $300 billion crypto selloff fueled by escalating U.S.–China trade tensions. While XRP has since stabilized — helped by ETF inflows and hopes for new approvals — analysts warn volatility will persist as technical indicators flash both risk and potential recovery. XRP price crash confirms analyst…
The Zcash price remained steady near its highest point this week, continuing to receive bids despite the recent downturn in the cryptocurrency market. Summary Zcash held steady despite the broader crypto selloff and heavy liquidations sparked by new Trump-era tariffs. The coin’s resilience follows a short squeeze triggered by Grayscale’s plans for a Zcash fund and a wider rally in privacy tokens. But with leverage soaring, funding rates at record highs, and technical indicators flashing extreme overbought signals, analysts warn the move may soon reverse — potentially sending ZEC back toward $100. The Zcash (ZEC) token was trading around $274…
Bitcoin ETFs recorded $4.50 million in net outflows on Friday, Oct. 10, ending a nine-day streak of positive flows that had brought over $5 billion into the products. Summary Bitcoin ETFs saw $4.5 million in net outflows on Oct. 10, ending a nine-day streak of positive inflows totaling over $5 billion. The reversal coincided with an 8% drop in Bitcoin’s price. Cumulative net inflows across all Bitcoin ETFs remain strong at $62.77 billion, with total assets at $158.96 billion. BlackRock’s IBIT bucked the trend (+$74.21M); Bitwise’s BITB (-$37.45M); Grayscale’s GBTC (-$19.21M); and Fidelity’s FBTC (-$10.18M). The outflows mark the first…
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. In recent weeks, market watchers have started asking whether the sky-high premiums on some crypto treasury companies are sustainable. Several stocks in the category trade at two to seven times their modified net asset value (mNAV) — a multiple that would be difficult to justify if these firms were simply vaults for Bitcoin (BTC) or Ethereum (ETH). If those premiums unwind, billions in market cap could vanish. Summary Top crypto treasury firms like Strategy, Metaplanet, and DeFi…
Summary XRP price has dropped sharply below the key $2.80 support level and is currently trading around $2.74, showing short-term weakness. Traders are largely waiting on Ripple’s upcoming Q4 updates before making significant moves, causing market uncertainty. If Ripple delivers positive news, XRP could break above $2.90 and target $3.00–$3.10, with potential for a bigger rally toward $4.00. Conversely, disappointing updates or broader market weakness could push XRP down toward $2.70. XRP didn’t just slip below support — it dropped fast, crashing through the $2.80 level and still moving lower. It’s currently around $2.74 and showing weakness in the short…
Antalpha is repurposing a Nasdaq-listed shell into a dedicated treasury for Tether Gold. The $150 million vehicle, named Aurelion, creates a public company whose primary asset is blockchain-verified bullion. Summary Antalpha is transforming Prestige Wealth Inc. into Aurelion Inc., which will hold its treasury entirely in Tether Gold. The move follows Antalpha’s $20 million pilot Tether Gold acquisition earlier this year. Backed by LBMA-standard gold stored in Switzerland, Tether Gold offers transparency and liquidity that Antalpha says address vulnerabilities in the traditional gold market According to a press release dated Oct. 10, Antalpha Platform Holding Company has led a $150…
A group of top global banks, including Goldman Sachs, Deutsche Bank, Bank of America, Citigroup, Santander, and more, will explore stablecoins. Summary Top global banks, Goldman Sachs, Bank of America, Citigroup, Santander, to explore stablecoins Banks have launched a consortium that will look into issuing 1:1 reserve-backed digital money The stablecoin-like asset would launch on a public blockchain network Major international banks, including Goldman Sachs, Deutsche Bank, Bank of America, and Banco Santander, are joining forces to enter the stablecoin market. According to a report by Bloomberg published on Friday, Oct. 10, the banks will launch a consortium to explore…
Dominari and Hemi have joined forces to build regulated infrastructure that could transform the HEMI token into a fundamental tool for corporate treasuries seeking managed exposure to programmable, yield-bearing crypto assets. Summary Dominari partnered with Hemi to co-develop regulated digital asset treasury and ETF platforms. The collaboration follows Dominari’s role in Hemi’s $15m growth round backed by Breyer Capital and Republic Crypto. It comes a day after Dominari gained NYSE approval to lead IPOs, marking its rapid rise as a Wall Street player in crypto finance. In a press release dated Oct. 10, the Hemispheres Foundation, the organization overseeing Hemi’s…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Cloud mining rises as traditional crypto mining costs surge, with SWL Miner aiming to lead the new AI-powered wave. Summary Cloud mining surges as traditional crypto mining costs rise; SWL Miner offers AI-driven, eco-friendly solutions. SWL Miner gives users a $15 free bonus, FCA compliance, and AI-optimized mining for BTC, DOGE, and more. With 100+ green data centers worldwide, SWL Miner combines sustainability, and transparency.. Warren Buffett once said, “If you don’t find a way to make money while…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. As markets fluctuate, Mint Miner’s 2-day AI cloud mining plan looks to offer stability and sustainability. Summary Bitcoin hits $120k as investors seek safety; Mint Miner’s 2-day AI cloud mining plan aims to offer transparent settlements. Mint Miner sees 140% user surge with 48-hour BTC cycles, and AI-optimized cloud mining performance. Blending AI and blockchain, Mint Miner builds a decentralized, energy-efficient future for crypto yield generation. Risk aversion has propelled Bitcoin past $120,000, setting a new all-time high. Investors…
