Author: WebDesk

Join Our Telegram channel to stay up to date on breaking news coverage US spot Bitcoin ETFs (exchange-traded funds) recorded $366.6 million in outflows on Friday, extending their losing streak to a third day as investors turned risk-off amid renewed concerns over stress in credit markets The withdrawals followed $536 million in outflows a day earlier, the largest single-day net loss since August, amid weakening appetite for risk assets as jitters about US regional banks rippled through markets. That sent Bitcoin plunging to as low as $103,598.43 in the past 24 hours, according to CoinMarketCap. It has since recovered to…

Amid a challenging period for the XRP price, which has seen a decline of 24% over the last two weeks, Ripple Labs, the blockchain payment company, has announced plans to raise at least $1 billion for a major XRP purchase, intended for the establishment of a new digital asset treasury (DAT). Ripple Plans Largest Fundraising Effort  According to sources cited by Bloomberg, the capital will be managed within this new treasury, and Ripple plans to utilize a special purpose acquisition company (SPAC) to facilitate the fundraising. Additionally, the company will contribute some of its own XRP holdings to bolster the…

Traders are asking right now where the floor is for XRP as the token sits at $2.35 on October 17, 2025, and the charts aren’t looking great. Analysts warn the cryptocurrency could test $2 or even drop below $1 by year-end, and this comes despite an upcoming ETF approval decision window between October 18-24. Price forecasts for 2025 show continued downward pressure building as volume spikes alongside price drops—a classic sign of profit-taking before the next move, and technical indicators suggest more pain ahead.Also Read: Russia Likely to Pick XRP for Cross-Border Payments, Ripple Expands in AfricaXRP Price Prediction for…

Dubai’s Department of Finance has successfully completed a pilot test enabling the settlement of digital assets in UAE dirhams for instant government service payments. Pilot Transaction Details The Dubai Department of Finance (DoF) has successfully completed a preliminary technical test enabling the settlement of digital assets in UAE dirhams for instant payment of government service […] Credit: Source link

CastleCrypto.gg has officially completed the acquisition of NFT-stats.com and is bringing one of the most useful NFT tracking tools directly under its growing Web3 platform. All the data, charts, and analytics from the old site have now been reimagined into a very clean and more interactive space called NFT stats. Well, this new page is designed for everyone who wants to follow NFT prices, floor movements, holder activity, and collection rankings, all without getting lost in complex tools.A Simple Vision Behind the DealThe main idea behind this acquisition was never just to buy a website, but CastleCrypto.gg actually wanted to…

Key Highlights The Bank of England has set a definitive timeline to introduce a regulatory framework for stablecoins by the end of 2026 The proposed framework mandates that stablecoin issuers must back their coins primarily with high-quality, short-term government bonds The Bank of England will exempt crypto exchanges and settlement firms from the initial proposed holdings caps While countries like the U.S. are adopting stablecoins to boost their USD dominance, the Bank of England is also now preparing to integrate stablecoins into the mainstream financial system.  Bloomberg reports that the Bank of England plans to introduce stablecoin regulations by the…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Ripple’s recent announcement of a partnership with Absa Bank, a leading pan-African financial institution, has drawn significant interest from the crypto community. Bill Morgan, a pro-XRP lawyer, explained that while the partnership primarily focuses on digital asset custody, it also signals the growing demand for Ripple’s payment infrastructure across the continent. The new development also highlights the crypto payment company’s growing influence in emerging markets, where financial institutions are increasingly seeking secure and compliant solutions for managing digital assets.  XRP Advocate Highlights Ripple’s New Expansion In Africa…

HYPE price correction to 50% Fibonacci retracement level indicates a healthy pullback for a 2x leveraged ETF tracking HyperLiquid’s HYPE.  21Shares filed for a 2x leveraged ETF tracking HyperLiquid’s HYPE token. At Token2049 Singapore, Arthur Hayes revisited his earlier call that HYPE could surge 126x, revealing he exited his position six weeks later. HYPE, the native token of decentralized perpetuals exchange Hyperliquid, plunges to $33.2 low with an intraday loss of 11.3% on Friday before a short rebound to $35.67. This drop occurred amid mounting selling pressure in the broader market as U.S.-China trade tension continues to drive investor uncertainty.…

Caroline Bishop Oct 17, 2025 23:29 XTZ price slides 2.9% to $0.58, approaching critical Bollinger Band support as technical indicators flash bearish signals following recent market volatility. Quick Take • XTZ trading at $0.58 (down 2.9% in 24h) • Price testing lower Bollinger Band support after recent volatility • RSI at 35.80 suggests oversold conditions developing • Following broader crypto weakness with Bitcoin correlation intact Market Events Driving Tezos Price Movement Trading on technical factors in absence of major catalysts, XTZ price action reflects the recent market volatility patterns established over the past…

Iris Coleman Oct 17, 2025 23:23 MANTRA (OM) trades at $0.12 following a 3.3% decline as Bitcoin’s drop below $110,000 and Federal Reserve hawkish signals weigh on cryptocurrency markets. Quick Take • OM trading at $0.12 (down 3.3% in 24h) • Bitcoin’s fall below $110,000 triggering broader crypto sell-off • Federal Reserve signaling potential rate hikes pressuring risk assets • OM testing lower Bollinger Band support near $0.10 Market Events Driving MANTRA Price Movement The OM price has faced significant downward pressure over the past 48 hours, primarily driven by Bitcoin’s decline below…