Bitcoin [BTC], which recently rallied above the long-standing $85,000 resistance level, is now showing signs of forming a potential October bottom.
Though this might be a short-term market noise, the timing is what is making the situation tense.
With the U.S. midterm elections approaching, market participants are watching whether the latest correction could mark a turning point for the largest cryptocurrency.
Remarking on the same, XWIN Japan and DeFi Asset Management said,
These developments suggest conditions for a bottom are improving. Confirmation requires sustained ETF inflows, stronger U.S. spot buying and continued demand recovery.
Source: CryptoQuant
Market analysts paint a concerning picture for Bitcoin
In fact, according to Benjamin Cowen, founder & CEO of ITC, Bitcoin’s percentage of supply in profit and loss is actually highlighting the changing state of market profitability.
Source: X
The above chart shows that approximately 71.04% of Bitcoin supply was in profit, while 28.96% remained in loss. Although most holders were still profitable, the significant share of supply at a loss suggests that market stress remains elevated.
Meanwhile, a crypto data analyst, Maartunn, highlighted growing weakness in U.S. institutional demand, pointing to the Coinbase Premium Gap plunging to approximately -$107.
Source: CryptoQuant
For those unaware, a deeply negative premium generally indicates that Bitcoin is trading at a discount on Coinbase relative to other exchanges.
Is Bitcoin’s October bottom actually nearing?
At the same time, Glassnode confirmed the bearish pressure surrounding Bitcoin in their weekly market update.
They showed how declining Spot, Futures, and ETF indicators, with moderate risk signals across spot and ETF markets, are adding pressure on the recent rally.
Source: Glassnode
Well, the consideration is not limited here, as CoinGlass data added further fuel to the fire, as they shed light on 169,781 traders being liquidated over the past 24 hours, resulting in total liquidations of $811.79 million.
Source: Coinglass
Signs of hope for BTC?
All this came on the heels of Bitcoin trading at $83,220.70 at press time. Meanwhile, BTC ETFs recorded $65.40 million outflows on the 12th of October.
Source: SoSo Value
Now, amidst all these mixed and concerning pictures of Bitcoin, AMBCrypto also highlighted that Bitcoin is in an accumulation-to-neutral phase rather than a confirmed bull run, suggesting that a more sustainable rally may still be ahead.
Final Summary
Bitcoin faces a tough time, but 71.04% of its supply in profit, and 28.96% in loss, suggests things could get better.
However, with total liquidations shooting to $811.79 million in the past 24 hours, FUD remains.
The 10-year US Treasury yield topped 5.3% this month, its highest since 2002, so Bitcoin (BTC), which pays no yield, now competes with a government-backed return above 5%.
The catch is that yields are rising on inflation and debt worries rather than weakening growth, which could make the move harder for risk assets to shrug off.
Why Does a Safer Payout Make Bitcoin Harder to Justify?Bitcoin offers no interest or dividends, so investors profit only if its price rises. Meanwhile, a Treasury note now pays more than 5% with almost no default risk, so buyers need a bigger expected gain to hold Bitcoin instead.
Valuation math adds a second layer. Higher yields raise the rate used to discount future gains, so those gains are worth less today, and assets without cash flows, such as crypto, can be sensitive to that logic.
Money is already flowing into bonds. Bond ETFs have drawn a record $469 billion so far this year through September.
How High Can Yields Climb Before Risk Assets Crack?The 10-year yield has climbed about 1.2 percentage points in 2026 and touched 5.34% earlier this month.
10-year yields sit comfortably over 5%. Source: CNBC Dan Ivascyn, chief investment officer at bond manager Pimco, told the Financial Times the yield could reach 6%, and that readings of 5.5% or more would probably produce
“some decent weakness in risk markets, both credit and equity”
Bitcoin’s direction increasingly hinges on the US bond market, though liquidity and fund flows can offset rate pressure.
Still, the squeeze may outlast this month’s moves. A Bloomberg video explainer notes that AI companies’ debt sales now compete with Treasury borrowing for investor cash. Investors are already rethinking the 60/40 portfolio, and any asset that pays nothing must keep beating a 5% Treasury.
Patricio Worthalter Deposits 10,000 $ETH ($25.05M) to Gemini, Continues Dumping
Patricio Worthalter (@worthalter) continues to dump $ETH, depositing another 10,000 $ETH ($25.05M) into #Gemini 40 mins ago.
5 minutes ago
Whale Purchases 1,162 $BTC ($96.77M) Through Wintermute
It appears a whale bought 1,162 $BTC ($96.77M) via Wintermute.
Over the past 12 hours, 5 newly created wallets received 1,162 $BTC ($96.77M) from Wintermute.
5 minutes ago
A crypto whale purchased 1,162 Bitcoin via Wintermute, valued at $96.77 million.
According to Lookonchain’s monitoring, a crypto whale purchased 1,162 BTC worth $96.77 million via Wintermute. Over the past 12 hours, five newly created wallets received this asset from Wintermute.
5 minutes ago
Malicious counterfeit of 200,000-star REA: Fake installation package flagged as malware, downloaded 172 times.
Beating AI News Flash: The viral AI reverse tool REA has been maliciously counterfeited. On October 13, a developer issued a warning in REA’s official GitHub repository, noting that a fake repository had been set up offering a Windows installer suspected of containing a Trojan horse. REA recently surpassed 200,000 GitHub stars, and the fake installer had amassed 172 downloads at the time of reporting. The counterfeiter registered a GitHub repository named `rea-tools/rea`—closely resembling REA’s official website `rea.tools`—and directly copied the official README. They added a "Windows Standalone Version" download entry to the original documentation, providing an 82.6 MB compressed package. The reporter’s scan found that Microsoft Defender flagged both the compressed package and its executable as the Wacatac Trojan, with 8 out of 45 VirusTotal security engines marking it as malicious. Sandbox analysis also uncovered suspicious behaviors in the file, including debugging environment detection and delayed execution. REA’s maintainers then merged a fix pull request (PR) on October 13, adding a download source warning to the official README to remind users to obtain the software via the official GitHub repository, official website, or npm. The reported fake repository is currently inaccessible.
5 minutes ago
Bitget launches CFD demo account feature, with new users receiving 10,000 USDT in virtual funds for simulated live trading upon account opening.
Bitget has now launched a Contract for Difference (CFD) demo account feature. Users can fully experience CFD trading without investing real funds. Upon account creation, users receive a default 10,000 USDT in virtual funds, allowing them to trade all CFD products including forex, precious metals, commodities, and stock indices based on real market conditions to test and optimize their trading strategies. This demo account supports both ECN and zero-fee modes, and is independent of live trading accounts; its risk control mechanisms such as liquidation threshold rates are consistent with those of live accounts. To use this feature, users must register and open a self-operated CFD live trading account, then upgrade the Bitget app to version 2.94.0 or higher. For more product details, please refer to Bitget’s official page.
5 minutes ago
The POAP founder has transferred another 10,000 ETH to Gemini, and currently holds 41,468 ETH.
According to Yu Jing Monitoring, POAP founder @worthalter sold an additional 10,000 ETH (valued at $25.05 million) 20 minutes ago. Since the 5th, he has transferred a total of 18,000 ETH (worth $45.86 million) to Gemini over the past 9 days. His remaining ETH holdings stand at 41,468 ETH, valued at $103.7 million.
Researchers at the Center for Cryptocurrency Research and Engineering (IC3E) from Imperial College London have published major research on post-quantum Bitcoin security. The paper proposes a model that would make Bitcoin transfers private and quantum-proof, all without the need for a soft fork.
Bitcoin’s quantum resistance proposals Back in 2018-2020, the group’s research dubbed “Commit-Delay-Reveal” proposed a similar quantum-secure Bitcoin framework.
While clever, it required a network soft fork and thereafter asset migration from vulnerable ECDSA addresses to the quantum-resistant chain using a multi-step time delay. The method would also have demanded network-wide protocol upgrades and triggered heated debates among developers.
An alternative was the traditional way of transitioning from ECDSA to lattice-based or hash-based alternatives. However, this would still demand a soft fork, which is socially and technologically difficult to coordinate. The model would also likely cause deployment delays, consensus realignment issues, and network congestion due to larger signature sizes/Zero-Knowledge (ZK) proofs.
What the latest research showsThe group’s newest “Compact Shielded Client-Side Validation (CSV)” framework is a grand breakthrough that eliminates the soft fork challenge.
Rather than enforcing changes at the consensus layer, it layers advanced post-quantum cryptographic technology on top of current transaction architectures.
This means that all bulky post-quantum keys, transaction histories, and algorithmic proofs would get verified at the peer-to-peer level. The underlying Bitcoin blockchain becomes an immutable ledger rather than a computational engine.
Note that using this quantum-safe layer requires clients to download compatible client software to conduct transactions over the Bitcoin network.
Recent events in the quantum spaceMore recently, Ethereum’s co-founder Vitalik Buterin and Cardano’s founder Charles Hoskinson had a disagreement surrounding quantum security mechanisms. Vitalik supported hashes while Hoskinson bet on lattices.
Despite the debate, the crypto community is encouraged to conduct any migrations to quantum-proof addresses in a meticulous manner to prevent loss of funds.
Story Ends Here
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MONACO, Oct. 13, 2026 (GLOBE NEWSWIRE) -- New crypto AlphaPepe has crossed 12,500 holders before its first public exchange chart, turning community growth into the clearest signal behind the presale. More than 100 new holders are joining daily, while the project has now raised over $2.98 million.
The milestone lands one day before AlphaPepe’s fifth CEX partnership reveal on Wednesday, October 14. Four exchange partnerships are already been announced, and online communities are debating whether Binance could be the next major name linked to $ALPE. Bitcoin, meanwhile, is trading around $83,000 after another volatile session, keeping the $100,000 target firmly in retail focus.
AlphaPepe Crosses 12,500 Holders Before Exchange Trading
AlphaPepe has now crossed 12,500 holders while $ALPE remains in presale. That matters because the crowd is forming before public price discovery begins, rather than arriving after the first exchange rally has already happened.
More than 100 new holders are reportedly joining each day, giving the milestone momentum rather than making it a static number. The presale has also moved beyond $2.98 million raised, showing that the growing holder base is being matched by continued buying activity.
For retail searching for a new crypto, that is the simple attraction. Thousands of buyers are already positioned while the first public exchange chart is still ahead.
Wednesday’s CEX Reveal Adds Fuel to the Holder Growth
The 12,500-holder milestone arrives at the same time as AlphaPepe’s biggest near-term exchange catalyst. The fifth CEX partnership reveal lands Wednesday, October 14, following four exchange partnerships already announced.
That countdown has pushed Binance into the center of online discussion, with communities asking whether the world’s largest crypto exchange could be next. The exchange identity is still waiting to be revealed, which is exactly what is keeping attention on Wednesday.
The timing gives existing holder growth more weight. AlphaPepe is not trying to build a community after listings begin. It already has more than 12,500 holders waiting before the next exchange name is even known.
AlphaSwap Gives the Crowd a Product to Use
The holder story is also backed by a product that is already accessible. AlphaSwap, AlphaPepe’s AI DEX, is live in Early Access, and Auto-Trade registration is open while $ALPE remains pre-listing.
The ecosystem is being built by an ex-Shibarium developer, adding a stronger technical background than a typical meme presale selling only a future roadmap. That gives new holders a reason to look beyond the meme branding and exchange countdown.
$ALPE is currently priced at $0.03335, with a listing price from $0.08. The gap gives retail a clear pre-listing repricing story while AlphaPepe continues adding holders before the first public-market cycle.
Bitcoin Price Prediction Eyes $100,000
Bitcoin is trading around $83,000 after falling as low as roughly $81,000 on Tuesday, with a global technology selloff weighing on risk appetite. AI stocks have been under pressure, while oil above $100 and fresh inflation concerns are keeping traders cautious ahead of new U.S. CPI data.
For bulls, $100,000 is now a much easier target to visualize than the more extreme forecasts seen earlier in the cycle. From around $83,000, Bitcoin needs roughly another 20% move to reach six figures, and Fidelity’s Jurrien Timmer recently pointed to $100,000 as the next major target if BTC holds the $80,000 area and clears resistance around $86,000.
That makes the next breakout important. Bitcoin already has the institutions, ETFs and mature public market behind it. AlphaPepe sits much earlier, with 12,500 holders building before its first exchange chart and another CEX reveal arriving Wednesday.
AlphaPepe Turns 12,500 Holders Into a Pre-Listing Signal
AlphaPepe crossing 12,500 holders is more than another dashboard milestone. It shows that a sizable crowd has formed before $ALPE reaches open-market trading, while more than 100 buyers continue joining each day.
Now that crowd is heading into Wednesday’s fifth CEX reveal with four partnerships already announced and Binance dominating the online conversation. AlphaSwap is already live in Early Access, and the project’s ex-Shibarium developer gives the product story more weight behind the momentum.
Bitcoin traders are watching whether BTC can break from the low-$80,000s toward $100,000. AlphaPepe buyers are watching a different kind of setup: 12,500 holders are already onboard before the first public chart even starts.
VISIT ALPHAPEPE OFFICIAL WEBSITE
FAQs
What is the Bitcoin price prediction?
Bitcoin price prediction eyes $100,000 if BTC holds the 80,000area*,* clearsresistancearoundthemid − 80,000s and broader risk appetite improves.
How many AlphaPepe holders are there?
AlphaPepe has crossed 12,500 holders, with more than 100 new holders reportedly joining each day while $ALPE remains in presale.
When is AlphaPepe’s fifth CEX reveal?
AlphaPepe’s fifth CEX partnership reveal is set for Wednesday, October 14. Four CEX partnerships are already announced, while online communities are discussing whether Binance could be next.
Contact:
Jack Duffy
[email protected]
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Elon Musk has outlined an extraordinary long-term scenario for SpaceX (NASDAQ: SPCX), suggesting the company could eventually command a valuation far exceeding the scale of the entire present-day global economy.
In a post on X, the SpaceX and Tesla chief executive stated that he perceives a viable route toward the firm achieving a worth measured in orders of magnitude greater than Earth’s current economic output, framing the idea as one that might initially appear outlandish.
This projection builds on Musk’s longstanding emphasis on expanding human presence and economic activity beyond Earth.
By developing fully reusable heavy-lift vehicles such as Starship, along with satellite networks and potential off-world industries, SpaceX aims to enable activities including asteroid resource extraction, orbital manufacturing, lunar and Martian energy production, and large-scale passenger and cargo transport between planets.
Such capabilities, if realized, could unlock markets that currently do not exist in any meaningful form, potentially generating economic value on a scale that dwarfs terrestrial GDP.
For context, International Monetary Fund projections place global nominal economic output near $126 trillion for 2026.
SpaceX, which completed its initial public offering earlier in the year and now trades publicly, carried a market capitalization of roughly $2.2 trillion around the time of Musk’s statement.
An increase by even two orders of magnitude would imply a valuation well into the quadrillions of dollars—an immense leap that would require sustained breakthroughs in launch cadence, in-space infrastructure, and entirely new commercial domains.
This will sound super crazy, but I see a path to SpaceX being worth orders of magnitude more than the current Earth economy
— Elon Musk (@elonmusk) October 8, 2026
Musk has previously advanced related ideas, including remarks to investors that SpaceX might one day surpass the value of the rest of Earth combined if its core objectives are met.
He later clarified that identifying a possible pathway does not equate to high confidence in the outcome, only that the probability is greater than zero.
The statement quickly drew attention across social media.
Among the responses was a concise reply from Michael Saylor, executive chairman of Strategy.
Saylor responded with the single term “₿ullish,” substituting the Bitcoin symbol for the initial letter.
The stylized endorsement explicitly links his positive view of Musk’s SpaceX outlook to the leading cryptocurrency.
Saylor has long advocated corporate Bitcoin holdings as a treasury strategy, and both SpaceX and Tesla maintain Bitcoin on their balance sheets.
SpaceX has reported holdings of more than 18,000 BTC in regulatory filings, while Tesla holds over 11,000.
Saylor’s reaction appears to position the ambitious space-economy vision as supportive of broader digital-asset narratives, consistent with his history of publicly encouraging technology leaders to consider Bitcoin allocations.
The exchange underscores the intersection of ambitious aerospace development, extreme valuation scenarios, and cryptocurrency advocacy.
Whether SpaceX can expand human economic activity sufficiently to approach such valuations remains highly speculative and dependent on technological, regulatory, and market developments that are still in early stages. Nonetheless, the comments highlight the expansive scope of the multiplanetary vision Musk continues to promote.
Not financial or tax advice. PANews content is strictly educational and informational and is not investment advice, financial advice, tax advice, legal advice, or a solicitation to buy or sell any digital asset, security, or financial product. Do your own research and consult qualified advisers.
Disclosure. PANews may publish sponsored content, partner content, advertisements, affiliate links, event promotions, and market commentary involving Web3 projects, service providers, or financial products. PANews personnel, contributors, or affiliates may hold digital assets or other interests related to covered topics. See our Terms of Service.
London’s High Court has ruled that Chinese law, rather than English law, will decide whether thousands of fraud victims hold property rights over more than 61,000 Bitcoin seized by the Metropolitan Police, a haul worth about $5 billion at current prices. The judgment, handed down by Mr Justice Mark Turner on October 12, resolves only the choice-of-law question, not who ultimately keeps the coins.
The ruling arises from civil recovery proceedings brought by the Director of Public Prosecutions against Zhimin Qian, who pleaded guilty to money laundering and was sentenced to 11 years and eight months in November 2025. Qian ran Ponzi schemes between 2014 and 2017 through Tianjin Lantian Gerui Electronic Technology and a second purported entity, collecting roughly RMB 40.2 billion (about £4.1 billion) through at least 128,409 investment contracts before converting part of the proceeds into Bitcoin and moving to London.
What the ruling decides and does not decide
Thousands of victims have applied under section 281 of the Proceeds of Crime Act 2002, which lets a person ask the court to declare that seized property belongs to them. Turner found that the fraud, the payments and the contracts all took place in China, and that the Bitcoin itself was bought there through the Huobi exchange and over-the-counter trades. “The relevant damage occurred in China. The applicants parted with their money in China,” he wrote, concluding that “the applicable law is Chinese law.”
The decision is a threshold ruling, not a merits decision. The judge left open the content of Chinese law, how it must be proved and how it applies to each individual claim. Victims must now show that Chinese law recognises the ownership rights they assert, and that those rights attach to the specific coins seized in England.
Why the choice of law matters for the victims
The stakes turn on what each legal system would give the claimants. Under English law, victims argued they could trace their money into the Bitcoin and claim the coins themselves, capturing their appreciation — the difference between the roughly £4.1 billion lost in principal and the roughly $5 billion the coins are worth today. Under Chinese law, claims are expected to be limited to the original principal and accrued interest, which would leave UK authorities holding much of the appreciation. Bitcoin has traded near $83,000 this week, which is what pushes the seized coins’ value to about $5 billion.
What happens next
The case will remain in the High Court, where the next stage involves expert evidence on Chinese law and each applicant’s individual claim. The law firm Fieldfisher, which represents the claimants, has indicated it will appeal the choice-of-law ruling. The dispute also fits a wider pattern of courts and authorities recovering digital assets from fraud schemes, including the CFTC’s $31 million default judgment against Fundsz in a digital-asset fraud this month. Even if the ruling stands, the court has not decided that the victims recover nothing — it has narrowed the legal route available to them, and the question of ownership remains open.
AUTHOR
Tokoni Uti is a Lagos-based writer with several years of experience. Her work has appeared in the Huffington Post, the Los Angeles Free Press and the San Diego Free press among others. She is a graduate of Bowen University.
Patricio Worthalter Deposits 10,000 $ETH ($25.05M) to Gemini, Continues Dumping
Patricio Worthalter (@worthalter) continues to dump $ETH, depositing another 10,000 $ETH ($25.05M) into #Gemini 40 mins ago.
5 minutes ago
Whale Purchases 1,162 $BTC ($96.77M) Through Wintermute
It appears a whale bought 1,162 $BTC ($96.77M) via Wintermute. Over the past 12 hours, 5 newly created wallets received 1,162 $BTC ($96.77M) from Wintermute.
5 minutes ago
A crypto whale purchased 1,162 Bitcoin via Wintermute, valued at $96.77 million.
According to Lookonchain’s monitoring, a crypto whale purchased 1,162 BTC worth $96.77 million via Wintermute. Over the past 12 hours, five newly created wallets received this asset from Wintermute.
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Malicious counterfeit of 200,000-star REA: Fake installation package flagged as malware, downloaded 172 times.
Beating AI News Flash: The viral AI reverse tool REA has been maliciously counterfeited. On October 13, a developer issued a warning in REA’s official GitHub repository, noting that a fake repository had been set up offering a Windows installer suspected of containing a Trojan horse. REA recently surpassed 200,000 GitHub stars, and the fake installer had amassed 172 downloads at the time of reporting. The counterfeiter registered a GitHub repository named `rea-tools/rea`—closely resembling REA’s official website `rea.tools`—and directly copied the official README. They added a "Windows Standalone Version" download entry to the original documentation, providing an 82.6 MB compressed package. The reporter’s scan found that Microsoft Defender flagged both the compressed package and its executable as the Wacatac Trojan, with 8 out of 45 VirusTotal security engines marking it as malicious. Sandbox analysis also uncovered suspicious behaviors in the file, including debugging environment detection and delayed execution. REA’s maintainers then merged a fix pull request (PR) on October 13, adding a download source warning to the official README to remind users to obtain the software via the official GitHub repository, official website, or npm. The reported fake repository is currently inaccessible.
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Bitget launches CFD demo account feature, with new users receiving 10,000 USDT in virtual funds for simulated live trading upon account opening.
Bitget has now launched a Contract for Difference (CFD) demo account feature. Users can fully experience CFD trading without investing real funds. Upon account creation, users receive a default 10,000 USDT in virtual funds, allowing them to trade all CFD products including forex, precious metals, commodities, and stock indices based on real market conditions to test and optimize their trading strategies. This demo account supports both ECN and zero-fee modes, and is independent of live trading accounts; its risk control mechanisms such as liquidation threshold rates are consistent with those of live accounts. To use this feature, users must register and open a self-operated CFD live trading account, then upgrade the Bitget app to version 2.94.0 or higher. For more product details, please refer to Bitget’s official page.
5 minutes ago
The POAP founder has transferred another 10,000 ETH to Gemini, and currently holds 41,468 ETH.
According to Yu Jing Monitoring, POAP founder @worthalter sold an additional 10,000 ETH (valued at $25.05 million) 20 minutes ago. Since the 5th, he has transferred a total of 18,000 ETH (worth $45.86 million) to Gemini over the past 9 days. His remaining ETH holdings stand at 41,468 ETH, valued at $103.7 million.
South Korea’s digital asset sector is seeing two contrasting developments in quick succession. On one side, a regulated bank has launched the country’s first won-denominated loans secured by bitcoin for corporate borrowers.
On the other, financial authorities have expanded restrictions on unregistered virtual asset service providers, moving beyond mobile apps to block domestic access to the websites of 27 platforms, among them major offshore exchanges such as KuCoin and MEXC.
Jeonbuk Bank, a subsidiary of JB Financial Group, has started offering loans in Korean won collateralized by bitcoin.
The product is available only to corporate clients and is limited to funding ordinary business operating expenses such as payroll and supplier payments. Bitcoin is the sole asset accepted as collateral for the time being.
A specialized, registered virtual asset service provider holds the pledged coins under its custody framework; the bank itself does not take ownership or direct control of the bitcoin.
This structure keeps the lender within the bounds of existing banking rules.
In the event of default, recovery does not involve the bank seizing the coins. Instead, it proceeds through court-ordered sale procedures established under revised Civil Enforcement Rules that took effect on 1 October 2026.
Those rules set out steps for attaching and liquidating rights linked to virtual assets.
The bank selected bitcoin after conducting internal stress tests, citing its dominant market capitalization, deep liquidity, and reliable price discovery relative to other digital assets.
Valuation draws on a weighted-average index from multiple global exchanges rather than a single venue, and the bank has set internal standards for loan limits and collateral management to address price volatility.
At least one loan has already been executed, though the borrower has not been named.
Bank president Park Chun-won had earlier indicated interest in pioneering virtual-asset-backed lending as part of a broader “crypto bank” vision.
The institution also remains the only regional bank providing real-name deposit and withdrawal accounts to virtual asset exchanges.
Separately, the Financial Intelligence Unit (FIU) under the Financial Services Commission announced on 13 October that the Korea Communications Standards Commission had approved measures against 27 websites operated by unregistered virtual asset businesses.
Reviews took place on 6 and 7 October. Sites with domestic servers or operators face service termination, while overseas-hosted sites face domestic access blocks.
The list includes KuCoin, MEXC, Phemex, XT.com, Bitrue, BingX, BitMart, and others.
This expands earlier restrictions that already prevented new installations and updates of related mobile apps on Google Play and Apple’s App Store.
Under the Act on Reporting and Using Specified Financial Transaction Information, any virtual asset service provider targeting Korean users—whether through Korean-language interfaces, local marketing, or won-payment support—must obtain Information Security Management System certification and register with the FIU.
Operating without registration is a criminal offense punishable by up to five years in prison or a fine of up to 50 million won.
Authorities have emphasized preventive action, noting that unregistered operators fall outside the oversight regime of the Virtual Asset User Protection Act and related anti-money-laundering rules.
Risks cited include weaker user protections, potential data breaches or hacking, and possible use as channels for concealing criminal proceeds.
A survey by the Digital Asset Exchange Alliance previously found markedly higher average trading fees at some flagged unregistered platforms compared with the five major registered Korean won-based exchanges.
To date, 44 unregistered operators have been referred to investigative authorities.
Currently, 28 virtual asset businesses are lawfully registered with the FIU.
Users of affected platforms have been advised to withdraw assets promptly. The Digital Asset Exchange Alliance is available to guide those facing withdrawal difficulties.
Authorities plan to continue monitoring for alternative URLs and to apply similar reviews as new unregistered activity is identified.
The developments illustrate South Korea’s seemingly progressive approach: exploring controlled integration of bitcoin into conventional bank credit for businesses under existing law, while tightening barriers against platforms that have not completed the required domestic registration process.
According to Lookonchain’s monitoring, a crypto whale purchased 1,162 BTC worth $96.77 million via Wintermute. Over the past 12 hours, five newly created wallets received this asset from Wintermute.
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Patricio Worthalter Deposits 10,000 $ETH ($25.05M) to Gemini, Continues Dumping
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It appears a whale bought 1,162 $BTC ($96.77M) via Wintermute.
Over the past 12 hours, 5 newly created wallets received 1,162 $BTC ($96.77M) from Wintermute.
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Interactive Brokers (NASDAQ:IBKR) has launched cryptocurrency staking for eligible clients, allowing investors to earn rewards on Ethereum (CRYPTO: ETH) while managing digital assets alongside traditional investments.
How Will Crypto Services ExpandIBKR on Tuesday announced that clients can now stake Ethereum through its Client Portal, with staking services provided by zerohash.
Investors can submit staking and unstaking requests, monitor transactions and earn rewards credited as additional staked cryptocurrency, allowing returns to compound.
"Similar to how our Stock Yield Enhancement Program allows clients to earn additional income on shares they own, staking gives clients an opportunity to earn rewards on the cryptocurrency they own," said CEO Milan Galik.
The brokerage currently supports trading in 20 cryptocurrencies, including Bitcoin (CRYPTO: BTC), XRP (CRYPTO: XRP), Dogecoin (CRYPTO: DOGE), Solana (CRYPTO: SOL) and Ethereum.
Traditional Brokerages To TransformThe staking launch expands Interactive Brokers’ digital asset offerings beyond trading.
The platform also supports stablecoin funding through USDC, Ripple USD (CRYPTO: RLUSD) and PayPal USD (CRYPTO: PYUSD), alongside crypto transfers to custodial and self-custody wallets.
By integrating staking, stablecoin funding and crypto trading with stocks, options, futures and bonds, Interactive Brokers is expanding access to digital assets within traditional brokerage accounts.
The move also highlights growing competition among financial platforms to offer crypto services beyond simple buying and selling.
However, staking rewards are not guaranteed, and investors remain exposed to crypto price volatility and staking-related risks.
Image: Shutterstock
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Ripple has partnered with Privy to expand the payment infrastructure on the XRP Ledger (XRPL), in a move which could boost XRP and RLUSD payments. As part of the partnership, Privy will integrate its wallet infrastructure on the network, enabling developers and businesses to simplify consumer payments.
Ripple Partners With Privy To Boost XRPL Payments In a blog post, Privy announced that it is bringing its programmable wallet infrastructure to the XRPL. The Stripe company has partnered with Ripple to bring its wallets to the network in a bid to make it easier for developers to build payments and agentic applications.
“With Privy, developers will be able to create and manage XRPL wallets programmatically, sign transactions, and build experiences using XRP, RLUSD, and other digital assets on XRPL,” Privy said. Meanwhile, the firm noted that fintechs could offer embedded wallets that enable stablecoin payments without requiring users to manage their keys.
It also highlighted server-side wallets that would enable AI agents to transact, including through the X402 payment infrastructure. Ripple also confirmed the partnership in an X post, while noting how the XRPL is already powering payments.
“Built for payments, XRPL is already powering the next wave of commerce. To date, it has processed 13M agent payments, which now account for roughly 25% of network activity,” the firm said. This marks another milestone for the XRP community and comes just days after Standard Chartered launched custody for RLUSD.
Broadening access to XRPL, from everyday payments to agentic commerce.
We’re partnering with @privy_io, a Stripe company, to bring embedded wallets to the XRP Ledger. Developers will be able to build payment experiences with XRP, RLUSD and other digital assets on XRPL directly into their products, without requiring users to manage their own keys.
The integration will also enable agentic commerce through programmable wallets that let AI agents hold funds and transact, including through x402 payments.
Built for payments, XRPL is already powering the next wave of commerce. To date, it has processed 13M agent payments, which now account for roughly 25% of network activity.
— Ripple (@Ripple) October 13, 2026
Commenting on the partnership, Markus Infanger, SVP of RippleX at Ripple, said that developers have a strong foundation to build financial products that can scale given the capabilities of Privy’s wallet infrastructure and XRPL’s fast settlement, low transaction costs, and native support for crypto transactions.
For more on crypto wallets, check out Best Crypto Wallet Infrastructure Providers
Stripe-owned Privy has partnered with Ripple to add XRP Ledger wallet support, covering XRP and RLUSD, with tools aimed at AI agent payments and developer controls.
Stripe-owned wallet infrastructure firm Privy is adding support for the XRP Ledger (XRPL), following a partnership with @Ripple. The integration lets app developers offer XRPL wallets that hold and send $XRP, $RLUSD and other assets on the network. Privy (@privy_io) announced the move on October 13.
Users are meant to keep control of their funds. That means a wallet created inside one app can be taken to others.
What developers get Privy said fintechs could also offer embedded wallets for stablecoin payments
Markus Infanger, senior vice president of RippleX, said , from payments and stablecoin services to agentic commerce.
AI agent payments and what comes nextPrivy is also targeting payments made by AI agents.
More features are planned. In practice, that would allow apps to set spending rules on wallets used by agents and pay fees on behalf of users.
The deal fits Stripe's wider push into crypto. and
For XRPL, the tie-up gives developers a ready-made wallet layer as the network courts stablecoin payments and automated, agent-driven commerce. Details on timing for policy controls and gas sponsorship have not been published.
Sources:
The Block: Ripple, Stripe-owned Privy partner to bring embedded wallets to XRP Ledger
Coingape: Ripple partners with Privy to expand XRPL access
Fintech Futures: Stripe continues crypto push with Privy acquisition
EvernorthXRP is set to ring the closing bell at Nasdaq, marking the debut of its XRPN shares. The event is scheduled for a live broadcast featuring interviews and a countdown starting at 2:30 p.m. ET. Evernorth Holdings, a publicly traded XRP treasury company, offers its Nasdaq Class A shares under the ticker XRPN, which provides investors with equity exposure to an XRP-focused corporate treasury. This event comes amid a recent downturn for XRPN, which saw a 3.55% decrease to $16.31.
Key Takeaways The debut of EvernorthXRP’s XRPN shares at Nasdaq appears to draw attention to XRP, consistent with supportive pricing for a potential increase. Market activity suggests participants are considering the bell-ringing event as a potential catalyst for increased interest in XRP-related equities. The impact of the event on XRP’s market perception may be modest due to the source’s Tier 3 classification. What to Watch Market observers should keep an eye on any significant changes in XRPN share pricing following the Nasdaq event. Watch for statements from key actors such as Ripple’s CEO Brad Garlinghouse or any regulatory updates from the U.S. SEC, which could further influence market sentiment. Additionally, developments in the broader crypto market, including Bitcoin price movements and interest rate policies, may also impact XRP’s trajectory toward a new all-time high by the end of 2026.
We believe in full transparency with our readers. Some of our content includes affiliate links, and we may earn a commission through these partnerships. However, this potential compensation never influences our analysis, opinions, or reviews. Our editorial content is created independently of our marketing partnerships, and our ratings are based solely on our established evaluation criteria. Read More
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XRP price climbed back above $1.35 while futures open interest fell sharply, a combination that could leave room for fresh leverage. The immediate test is whether price revisits $1.35 before attempting to clear resistance at $1.43-$1.46 and extend toward the $5s.
Our analyst flags $1.40 as the point of control for both the previous week and month, marking the price area with the most trading activity over those periods. The reclaim improves the short-term structure, but conditions are fragile. Falling XRP open interest can indicate that leverage has been cleared; it can also reflect traders closing positions, so it is not a standalone bullish signal.
The setup overlaps with a key support area identified in a separate XRP price prediction discussion, where traders are also watching the $1.38 region.
XRP Open Interest, CoinglassXRP’s move above $1.40 is primarily due to short sellers closing positions, rather than to a full short squeeze. It is a bullish structural development, but the short-term picture remains quite fragile. This gap matters: position closure can help lift price without showing that new spot demand has taken control.
Futures open interest fell while price held steady, potentially leaving room for new leveraged positions to enter. That is a possible source of fuel for a next move, not evidence that traders have already added risk in the direction of a breakout.
Funding rates are normal, with no sign of excessive bullish positioning. This reduces one obvious sign of crowded longs, but it does not rule out renewed selling or a further reduction in exposure. XRP price therefore turns less on the open-interest decline itself than on whether price can defend support and reclaim the resistance band.
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The $1.34-$1.46 Range Sets the Near-Term TestXRP rebounded strongly from $1.34 last week and, according to the analyst, has remained inside the same range for about a month and a half. Sunday’s rally also left potential price gaps near $1.39, $1.38 and $1.37. Our analyst expects those levels could be revisited before the token has a sustained chance to challenge the range’s upper end.
XRP USD, TradingViewA separate technical view provides additional context through $1.38 support and higher resistance zones. The separately verified level is $1.38 support. That broadens the context, but nearer decision points remain $1.36-$1.37 on the downside and $1.45 overhead.
The forecast is not for an immediate straight-line rally. Our analyst expects a relatively quiet week and is unsure that market conditions will support a fast move higher; a brief push up followed by a return to the gap area remains possible. The sequence matters: support first, resistance next, and only then a stronger case for higher prices.
Trade XRP on Bybit and Get a Chance to Win Our $1,000 USDT Airdrop
Is $5 XRP A Realistic Price Target?The XRP $5 target focuses on resistance through $1.46 and an upside area in the $1.50s after a possible dip and resistance reclaim.
For now, the technical setup is narrower: XRP recovered the $1.40 point of control, leverage has reportedly declined, and the analyst sees a possible retest before another attempt higher. The next useful confirmation is whether buyers defend $1.36-$1.37 and whether XRP can reclaim $1.45.
A move toward $5 remains conditional on a much larger advance beyond the immediate range.
Ripple has partnered with Stripe-owned Privy to introduce embedded wallets on the XRP Ledger (XRPL).
Who Will Benefit From Ripple’s PartnershipThe partnership will enable developers to build payment applications using XRP (CRYPTO: XRP), Ripple USD (CRYPTO: RLUSD) and other digital assets while expanding support for AI-powered commerce.
It will allow:
Developers to create and manage XRPL wallets programmatically, sign transactions and integrate digital asset payments directly into applications without requiring users to manage private keys. Fintech companies to embed wallets and simplify stablecoin payments. AI agents to hold and transact funds through x402 payment protocols through server side wallets. Markus Infanger, SVP of RippleX at Ripple, said the partnership combines Privy’s wallet infrastructure with XRPL’s fast settlement, low transaction costs and native digital asset capabilities.
The companies also plan to introduce additional features, including transaction policy controls and gas sponsorship, to simplify wallet management.
Why Will The Deal Benefit RippleRipple highlighted growing adoption of agentic commerce on XRPL, noting that the network has processed 13 million AI agent payments.
This accounts for around 25% of network activity.
Privy CEO Henri Stern said stablecoins are transforming global payments, positioning XRPL as infrastructure for both traditional financial applications and emerging agentic commerce.
XRPL has grown to more than 8 million funded accounts and facilitated over $1 trillion in value transfers across its 14-year history, according to Privy.
While the partnership could expand the utility of XRP and RLUSD, increased network activity does not necessarily translate into higher XRP prices.
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Ripple has partnered with Privy, a Stripe-owned wallet infrastructure provider, to bring embedded wallets to the XRP Ledger (XRPL). The integration will let developers add XRP, RLUSD, and other digital asset payments directly into their apps without requiring users to manage private keys themselves.
The partnership also aims to support AI-powered payments and agentic commerce.
On October 13, Ripple confirmed the partnership on X, saying it will help developers add and manage XRPL wallets directly in their apps.
Privy’s tools will let developers create wallets, sign transactions, and support payments using XRP, Ripple’s RLUSD stablecoin, and other digital assets on the network. Users will also keep control of their wallets.
They can export their private keys and seed phrases if they want to move their funds to another wallet.
For fintech companies and payment providers, this could make it easier to add stablecoin payments and digital asset services to their applications. Developers will be able to build with XRP, Ripple’s RLUSD stablecoin, and other assets supported on XRPL.
Markus Infanger, SVP of RippleX at Ripple, said,
“Privy brings proven wallet infrastructure that makes it easier for fintechs and developers to bring XRPL into real products, from payments and stablecoin experiences to emerging forms of agentic commerce.”
AI-Powered Payments Could Expand XRPL UseBeyond regular payments, the partnership will support agentic commerce, where AI agents can hold funds and make transactions through programmable wallets. The integration will also support x402 payments, a system used to enable payments between digital services.
This could allow developers to build applications where AI agents pay for services or complete transactions without requiring users to approve every step manually.
The exact features available will depend on how developers implement the technology and the controls they put in place.
XRPL Reports 8 Million Funded AccountsThe partnership builds on XRPL’s existing payment activity. However, the network has more than 8 million funded accounts and has moved over $1 trillion in value.
The announcement also stated that XRPL has processed 13 million agent payments, which account for roughly 25% of network activity.
Privy co-founder and CEO Henri Stern said, “Stablecoins are changing how money moves, and XRPL has been building for payments from the start.”
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Ripple has partnered with Stripe-owned Privy to bring XRP and RLUSD wallet tools into apps on the XRP Ledger, where Ripple says AI agents have already made 13 million payments.
Summary
Privy will let developers create XRPL wallets, manage them through software, and sign transactions.
Embedded wallets will support stablecoin payments without requiring consumers to manage their own keys.
Ripple says agent payments now account for roughly 25% of activity on the XRP Ledger.
The integration will support XRP, RLUSD and other digital assets issued on the network.
Privy announced that it is bringing its programmable wallet infrastructure to the XRP Ledger through a partnership with Ripple, giving developers tools to build payment services inside their applications. According to the wallet provider, the integration will support both consumer-facing financial products and applications that let AI agents make payments.
Privy will bring XRP Ledger wallets directly into apps
For businesses building on XRPL, Privy said its infrastructure will handle wallet creation, wallet management, and transaction signing through software. Developers will be able to build around XRP, Ripple’s dollar-backed RLUSD stablecoin and other assets available on the ledger.
“With Privy, developers will be able to create and manage XRPL wallets programmatically, sign transactions, and build experiences using XRP, RLUSD, and other digital assets on XRPL,” the company said.
Within consumer apps, the provider said fintech companies could offer embedded wallets for stablecoin payments without making customers manage cryptographic keys themselves. Privy’s proposed setup places the wallet functions inside the service a customer already uses, while giving the developer tools to manage the underlying blockchain transactions.
Alongside consumer wallets, Privy identified server-side wallets as another part of the integration. According to its announcement, businesses could use those wallets to support AI agents that transact through payment systems such as x402.
Commenting on the agreement, Markus Infanger, senior vice president of RippleX at Ripple, said Privy’s wallet infrastructure and XRPL’s settlement capabilities would give developers a foundation for building financial products that can scale. He cited the ledger’s fast settlement, low transaction costs and native support for digital-asset transactions.
Ripple reports 13 million AI agent payments on XRPL
In its confirmation of the partnership, Ripple said AI agents had processed 13 million payments on the ledger and accounted for roughly a quarter of network activity.
“To date, it has processed 13M agent payments, which now account for roughly 25% of network activity,” Ripple said.
For its earlier work on automated payments, Ripple joined the x402 Foundation as a Premier Member on July 14. The company said its XRPL tools supported AI-powered applications settling transactions in XRP and RLUSD.
At the foundation’s launch, the Linux Foundation said it would oversee x402 under an open governance structure after Coinbase contributed the protocol. According to the foundation, developers, financial companies and cloud providers could participate in deciding how the payment standard develops.
Ripple’s July announcement also identified Stripe, Coinbase, Circle, Google, Visa and Mastercard among the Premier Members. As covered at the time, Ripple had released its XRPL AI Starter Kit in June to help developers integrate AI applications with the ledger.
According to Ripple, that toolkit provided support for software agents to send and receive payments using XRP and RLUSD. Ripple-backed t54.ai also introduced an XRPL AI Hub with support from Ripple developers and the XRPL Foundation, offering resources for developers working on such applications.
Stripe acquired Privy after buying stablecoin provider Bridge
As crypto.news previously reported in June 2025, Stripe agreed to acquire Privy following its $1.1 billion purchase of stablecoin infrastructure provider Bridge. Bloomberg’s reporting at the time said the companies had not disclosed the financial terms of the Privy transaction.
Founded in 2021, Privy supplied tools for companies to integrate crypto wallets into their own platforms. Its customers then included NFT marketplace OpenSea, loyalty platform Blackbird and employment company Toku, according to the acquisition report.
Under the arrangement announced at the time, Stripe said Privy would continue operating independently, as Bridge did. Privy CEO Henri Stern described the problem his company was addressing as developers having to send customers outside their applications to set up wallets.
RLUSD gains custody support under separate institutional plans
On Oct. 12, Standard Chartered launched institutional RLUSD custody on the XRP Ledger through its Dubai International Financial Centre branch. According to the bank, eligible institutional clients can hold the stablecoin through that operation, which is regulated by the Dubai Financial Services Authority.
Separately, the bank said it was working with Ripple and LMAX Group on a collateral arrangement that would let institutions use eligible RLUSD holdings for trading while the tokens remained in custody. Standard Chartered said implementation still depended on testing, final documentation, internal approvals and applicable regulatory requirements.
Earlier, a Sep. 26 report recorded RLUSD’s supply near $2.5 billion, citing CoinMarketCap data. DefiLlama figures in that report placed stablecoins on XRPL at about $1.19 billion, including roughly $1.10 billion in RLUSD.
For U.S. holders, Ripple’s disclosures identify Standard Custody & Trust Company as RLUSD’s issuer under New York State Department of Financial Services supervision. Ripple says reserves are held in segregated accounts and publishes monthly third-party attestations covering circulating tokens and reserve assets.
Under Ripple’s terms, direct purchases and redemptions require customers to enter into the applicable customer agreement. The terms also state that RLUSD does not carry Federal Deposit Insurance Corporation insurance or Securities Investor Protection Corporation protection.
Ripple has just signed a major new partnership with Stripe-owned Privy. The goal is to integrate AI-driven payment and embedded wallet solutions into the XRP Ledger (XRPL).
Per Ripple's announcement, this integration lets developers build payment apps using XRP, Ripple USD (RLUSD), etc., without requiring users to manage private keys themselves.
It puts a big focus on the rising field of agentic commerce, so AI agents can autonomously own funds, transact, and pay for things.
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Using Privy's programmable wallet technology, app developers can easily build and manage wallets for XRPL, allow users to approve transactions, and even embed crypto payments into their apps.
Big e-commerce playThis integration focuses a lot on the open payment protocol x402, which aims to simplify automated software-to-software transactions.
x402 allows AI agents to handle payments for digital goods like computational power, API access, AI model inference, etc., without requiring manual transaction approval.
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For instance, an AI agent could autonomously purchase a service (e.g., access to data), pay for it with XRP, RLUSD, etc., and then receive the data.
This could make XRP Ledger a key settlement network for machine-to-machine commerce.
13 million AI payments on XRP LedgerPer Ripple, XRPL has processed approximately 13 million payments from AI agents so far, which currently account for about 25% of XRPL activity.
RippleX engineering head J. Ayo Akinyele shared this update earlier in October. Automated transactions have been exploding: from approximately 1 million in July to approximately 13 million in October.
That said, it should be noted that these are not necessarily large payment amounts. Most machine-to-machine payments deal with relatively small amounts of crypto.
This new partnership is part of Ripple's push to drive AI-powered commerce. They released an AI Starter Kit back in June, which allows developers to build autonomous payment apps using XRP, RLUSD, and the x402 protocol.
Privy will add more features (e.g., transaction policy controls and fee sponsorship) as this integration continues.
This partnership may make it easier for developers to add automated payments and could broaden the use cases of XRP Ledger well beyond crypto payments.
Ripple, a leading company in the cryptocurrency sector, announced a strategic partnership with Privy, a digital wallet infrastructure provider owned by payment giant Stripe, to expand the use cases of its XRP Ledger (XRPL) network.
According to Ripple’s statement, as part of the partnership, Privy’s embedded wallet technology will be integrated into the XRP Ledger network. This will allow developers to create applications that enable payments with XRP, Ripple’s stablecoin RLUSD, and other digital assets on the network, without users needing to directly manage their private keys or recovery phrases.
The new integration is expected to offer significant opportunities, particularly for financial technology companies, payment service providers, and AI-based applications. Thanks to Privy’s infrastructure, developers will be able to programmatically create, manage, and sign wallets on the XRP Ledger. Users, meanwhile, will be able to export their private keys and recovery phrases when needed, maintaining control and portability of their assets.
One of the notable aspects of the partnership is that it will allow AI agents to independently conduct financial transactions. Ripple stated that, thanks to programmable wallets, AI agents will be able to hold digital assets and perform autonomous transactions via the x402 payment protocol.
According to data shared by Ripple, the number of payments processed by AI agents on the XRP Ledger has reached 13 million to date. The company stated that these transactions currently account for approximately 25 percent of the total activity on the network.
On the other hand, Privy stated that the number of accounts with funds on the XRP Ledger network, which has been operating for over 14 years, has exceeded 8 million, and that over $1 trillion in value has been transferred through the network to date.
Markus Infanger, Senior Vice President of RippleX at Ripple, stated in his assessment of the partnership that Privy’s wallet infrastructure will make it easier for developers to integrate XRP Ledger technology into real financial products.
*This is not investment advice.
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XRP’s share of the total cryptocurrency market fell from roughly 5% in July 2025 to about 3% by October 2026, as Ripple’s native token lost ground despite ongoing institutional developments.
XRP Valuation Suffers Steep DeclineXRP reached prices near $3.42 in July 2025, with around 59.2 billion tokens circulating at that time. By mid-October 2026, the price declined to $1.34 while the circulating supply expanded to 63.1 billion XRP.
The combined effect of lower prices and increased supply saw XRP’s market capitalization drop from approximately $202 billion to $85 billion. This change represents a $117 billion decrease, amounting to a reduction of around 58% in overall market value.
While market capitalization tracks the total valuation of a crypto asset, market dominance measures its share relative to the broader market. An asset can lose market share even if it gains value, particularly if other cryptocurrencies experience stronger growth in the same period.
Competition from assets such as BNB and major stablecoins continues to put pressure on XRP’s ranking, taking up more of the total digital asset market and contributing to the token’s declining market share.
XRP’s slide in market share demonstrates that sustaining both price and dominance can be challenging, especially as larger blockchain ecosystems and rival assets draw greater investor interest and liquidity.
Institutional Adoption Outpaces Native Token DemandRipple has advanced its institutional services, expanding in areas like cross-border payments and asset tokenization with several high-profile partnerships. In September, a major Brazilian infrastructure provider managing approximately $4 trillion in assets integrated the XRP Ledger to reflect investment fund ownership records.
The growing tokenization sector signals increased institutional interest in blockchain-based settlement and asset issuance, yet such developments have not fueled a comparable increase in demand for XRP itself.
XRPL documentation shows that standard transactions only require a minimum fee of 10 drops, or 0.00001 XRP. As a result, even major spikes in network activity can translate into minimal demand for the native token, explaining the disconnect between ecosystem progress and XRP price dynamics.
A further complication involves XRP’s circulating supply, which continues to climb as new tokens are released from escrow each month. However, these newly available tokens are not always immediately sold, as unused amounts may be relocked according to the network’s schedule.
Traders monitoring technical patterns and market behavior often look for indicators beyond simple price action to anticipate token trends. In the meme token sector, for instance, an internet trend can trigger considerable trading volumes in a matter of days. Data from Fomo App highlights a notable trade in which a $99 purchase of “Niu Lai” was transformed into roughly $370,000, underscoring the rapid shifts seen in this part of the market. To navigate this volatility, tracking both price levels and investor moves has become increasingly vital. Fomo App consolidates these features by combining token research, real-time trading, social feeds, and investor rankings on one platform, providing a single point of access for following meme token activity.
While Ripple’s institutional business continues to expand, actual transaction fees on the network remain low, meaning increased adoption does not always result in proportional XRP demand or price appreciation.
Ripple has announced a new strategic partnership with Privy, a technology provider owned by Stripe, aiming to accelerate the integration of artificial intelligence-powered payments and embedded wallet solutions into the XRP Ledger (XRPL).
AI payments take off on XRPLBy joining forces, Ripple and Privy plan to make it easier for developers to build payment applications on XRPL using assets such as XRP and Ripple USD (RLUSD). The collaboration focuses on removing the need for users to handle the complexities of private key management, paving the way for streamlined payment app experiences.
Ripple highlighted that the project will advance the field of agentic commerce, where AI agents can independently own digital assets, initiate transactions, and pay for services or goods without ongoing human oversight.
Developers can use Privy’s programmable wallet infrastructure to create and manage user wallets on XRPL, embed crypto payments directly into apps, and enable users to approve transactions — all while minimizing user exposure to complex wallet operations.
Privy’s wallet solution allows application developers to incorporate embedded wallets on XRPL, helping users to approve crypto transactions securely and conveniently within their apps.
This approach is expected to simplify machine-to-machine and software-driven commerce, creating new opportunities for automated digital payments.
x402 protocol to simplify automationA key part of the integration is x402, an open payment protocol designed to streamline automated transactions between software agents. With x402, AI agents can autonomously pay for digital resources such as cloud computing, API services, or AI model queries, without requiring manual transaction confirmations from users.
For example, an autonomous agent could purchase data or API access using XRP or RLUSD, execute the payment, and instantly obtain the desired service. This positions XRPL as a critical backbone for machine-driven economic activity.
Mini dictionary: x402 protocol, an open protocol that allows AI agents and apps to send and receive payments on XRPL automatically, without manual approvals, supporting use cases such as machine-to-machine commerce, pay-as-you-go computational resources, and on-demand data access.
Transaction volume surgesRipple’s engineering lead, J. Ayo Akinyele, reported that AI-driven transactions have surged on the XRP Ledger. Automated transactions jumped from about 1 million in July to around 13 million in October, now representing approximately a quarter of all activity on the network.
While these transactions account for significant network activity, most payments involve relatively small crypto amounts, typical of machine-to-machine transactions.
PeriodAI Transactions on XRPLShare of Network ActivityJuly1 million–October13 million25%Expanding features and future plansRipple introduced an AI Starter Kit earlier in June, providing developers with tools to build autonomous payment applications utilizing XRP, RLUSD, and the x402 protocol. This initiative aims to support those creating projects at the intersection of crypto payments and artificial intelligence.
Privy intends to bring additional advanced features to the XRPL integration, including new transaction policy controls and fee sponsorship mechanisms, designed to improve user and developer experiences as the collaboration continues.
With this new partnership, Ripple aims to make it easier for developers to implement automated payments, broadening XRPL’s reach beyond traditional crypto transactions and fostering innovation in AI-powered commerce across the network.
Crypto analyst Steph Is Crypto has called on XRP holders to closely inspect their hardware wallets after reports surfaced of a major theft involving Ledger devices. The advisory highlights a critical security issue: a hardware wallet should never arrive with a recovery phrase already written down or included in the packaging.
Hardware wallet security under scrutinySteph Is Crypto drew attention to the risk by referencing a warning from a former Goldman Sachs analyst, who cautioned that any wallet arriving with a pre-filled recovery or seed phrase presents a serious security vulnerability. A legitimate hardware wallet should generate the recovery phrase during the device’s initial setup, ensuring that only the user knows these crucial words.
Users should never accept a hardware wallet where the recovery phrase is provided in advance, as this greatly increases the risk of theft.
The warnings follow reports of losses linked to recent Ledger-related incidents that are estimated to total between $86 million and $90 million. Initial claims suggested the figure surpassed $90 billion, but upon review, available evidence supports a loss in the $86 million to $90 million range.
Risks with pre-filled recovery phrasesA recovery phrase serves as the access key for users to control their crypto accounts and assets. Best practices recommend that the user themselves generate the phrase during device setup, write it down privately, and store it in a secure location. Neither the manufacturer nor any party should pre-populate or supply this phrase to the customer alongside the device.
Attackers can exploit the process by intentionally preparing wallets with a known phrase and distributing them to unsuspecting buyers. Once the device is used and funded, the attacker has the information needed to access and empty those accounts at any time.
Hardware wallets produced by reputable companies generate a unique recovery phrase on first use and never ship with a phrase already provided. Users encountering a wallet with a pre-filled phrase are advised to consider the device compromised and to avoid depositing funds.
Mini dictionary: Ledger, a leading manufacturer of hardware wallets used for securely storing cryptocurrencies, is widely recognized for its devices such as the Ledger Nano S and Ledger Nano X, which enable users to manage digital assets offline.
Supply chain concerns with Southeast Asian resellerThe recent losses have been linked to a suspected supply chain compromise involving Ledger devices distributed by CryptoBilis, a reseller based in Southeast Asia. Reports suggest losses have already surpassed $86 million, with later estimates approaching $90 million.
Reported lossesInitial claimMain distributor involved$86 million to $90 million$90 billionCryptoBilisAvailable data significantly contradicts claims of $90 billion in stolen funds. The incident appears to specifically affect devices supplied through the mentioned distribution channel, and not all Ledger products have been implicated. Authorities are continuing to investigate how compromised devices reached end-users.
Steph Is Crypto emphasized the importance of verifying that a hardware wallet generates a recovery phrase on setup, as receiving one with a pre-written phrase greatly increases the potential for security breaches.
The incident has prompted renewed calls for hardware wallet users to exercise vigilance when purchasing devices and to immediately reject any hardware wallet arriving with a pre-filled recovery phrase.
Dom Kwok, co-founder of the blockchain education platform EasyA, has sparked discussion in the XRP community after launching a $1,000 XRP giveaway and reaffirming his bold price target for the token.
Kwok’s $1,000 XRP PredictionKwok revealed on social media that a $1,000 investment would currently buy approximately 735 XRP. He has maintained a long-term price target of $1,000 per XRP by 2030, which would value this holding at $735,000. He framed the potential gains as “life-changing money” for investors.
Kwok has consistently stated his confidence in this price forecast, posting messages such as “$1,000 is more likely than ever” and “slowly then all at once.” These remarks have attracted considerable attention from XRP supporters and reinforced his reputation as an influential voice within the community.
Kwok explained that, based on his 2030 price target, a $1,000 investment in XRP today could be worth $735,000 in the future, describing this potential outcome as transformative for those willing to hold long term.
He has not backed this prediction with detailed technical analysis, but has reiterated his stance under various market conditions. By connecting the giveaway with his target, Kwok provided a tangible illustration of how current investments could theoretically appreciate.
Long-Term Focus and Entry Price ViewKwok emphasized that the current entry price is largely inconsequential for those who believe XRP could see a 1,000-fold increase. He advised investors to focus on the long-term and not be distracted by short-term volatility.
The giveaway aimed to make the concept more practical for followers, inviting them to imagine what their holdings might become if his forecast materializes by 2030.
Mini dictionary: EasyA is an educational platform specializing in blockchain and web3 technologies, offering courses and events to help developers and enthusiasts build their knowledge.
Responses to Kwok’s vision varied sharply. Some followers noted the math was straightforward, with patience being the main challenge along the journey to any potential high price. Strong advocates for XRP have continued to emphasize belief in the asset and encourage holding during volatile periods.
However, skepticism remains. One follower questioned the feasibility of reaching $1,000 by 2030, arguing the pace would require decades. Another suggested $10 in the short term or $50 eventually were more realistic targets, while acknowledging the uncertainty in the market.
Technical analyst ChartNerd pushed back on predictions of a $1,000 XRP, reiterating his view that XRP will trade below this figure by 2030 and referencing previous warnings about overly optimistic forecasts.
Despite the lack of a detailed scenario outlining what would drive XRP to such heights, Kwok’s posts continue to generate interest and debate. For now, his projection stands as one of the more extreme bullish calls in the digital asset space, with several years remaining before his deadline.
Ripple's first partnership with a Korean securities firm extends its institutional footprint across Korea's banking, insurance and capital markets
Seoul, October, 14, 2026 - Ripple, the leading provider of blockchain solutions across traditional and digital finance, today announced a strategic partnership with Meritz Securities, one of Korea's leading securities firms. Together, the two companies will explore how to bring Ripple Custody and Ripple's tokenisation infrastructure into Korea's capital markets. Ripple Custody is a bank-grade digital asset custody platform built for regulated financial institutions. It supports the secure storage, transfer and settlement of digital assets.
For any financial institution dealing with digital assets, institutional-grade custody is essential. Building it from scratch is costly, complex and slow. Ripple's infrastructure gives institutions a proven route to market instead, with the security and control that regulated firms need. The two companies will start within the scope of Meritz's existing securities business and current regulation. They will then widen their cooperation in stages as Korea's digital asset framework develops.
Meritz Securities is currently exploring a range of digital asset-related business opportunities in preparation for the integration of digital assets into the regulated financial system, including spot ETFs, fractional investment and security tokens, trading platforms, and KRW-denominated stablecoins. The partnership with Ripple was formed as part of these broader efforts.
“Korea is one of the most dynamic digital asset markets in the world and its institutions are preparing to move from exploration to real-world utility,” said Fiona Murray, Managing Director, Asia Pacific at Ripple. “Ripple brings the full infrastructure stack across payments, custody and tokenization, backed by more than 85 licenses and a network spanning more than 60 markets globally. We’re excited to work with Meritz Securities, and we look forward to supporting more Korean institutions as the market grows.”
Byungha Kang, Managing Director of the Strategic Planning Unit, Meritz Securities said, "This partnership lays the foundation for combining Ripple's global digital asset infrastructure with our capital markets capabilities. As Korea's regulatory framework evolves, we will prepare safe and trusted digital asset financial services in stages."
Meritz is Ripple's fourth institutional partnership in Korea this year and its first with a securities firm. Kyobo Life Insurance is using Ripple Custody to pioneer Korea's first tokenized government bond settlement on blockchain. Kbank, Korea's first internet-only bank, is deploying digital asset wallet infrastructure through Ripple Custody. Jeonbuk Bank became the first Korean regional bank to adopt Ripple Payments for cross-border remittance. With Meritz, Ripple now works with Korean institutions across banking, insurance and capital markets, which reflects its long-term commitment to the country's institutional digital asset market.
Clearpool has rolled out a redesigned version of its decentralized application. The new interface includes a dedicated swap tool that lets holders convert their CPOOL tokens into a new token called CLEAR at a 1:1 ratio.
The tool went live on October 5, 2026, at clearpool.finance/swap. It arrives three days after the protocol’s community voted to approve a broader strategic shift.
What changed and what holders get The migration follows a Snapshot governance vote held on October 2, 2026. According to the research findings, 97.16% of participants backed both the expansion to the XRP Ledger (XRPL) and the token migration.
The token economics are shifting along with the ticker. CLEAR will launch with a supply of 1.125 billion tokens, up from the 1 billion CPOOL tokens that existed before.
Of that new supply, 70% is set to go to existing CPOOL holders through the 1:1 conversion.
There is also a new value-return mechanism. Clearpool plans to direct 50% of protocol fees toward buying CLEAR on the open market and burning it.
Implementation of the broader plan is scheduled for the fourth quarter of 2026. The research findings note that comprehensive details are expected to be disclosed later.
The XRP Ledger pivot The token swap is the visible piece of a larger strategic move. Clearpool is pivoting toward institutional lending products on the XRP Ledger.
Those loans are set to be settled in RLUSD, the stablecoin issued by Ripple.
Clearpool is executing the initiative alongside several partners. Ripple is involved, as is Cicada Partners, while Hex Trust is handling custody services.
The protocol is not a newcomer. Clearpool launched on Ethereum in 2021 and has originated nearly $1 billion in loans since then.
Why the rebrand and migration matter For existing holders, the immediate question is practical. The 1:1 swap preserves their token count, but the supply increase to 1.125 billion means each token represents a slightly smaller share of the total than before.
Holders and observers should watch a few things over the coming months. The first is the remaining 30% of CLEAR supply, since how those tokens are allocated and released will shape the token’s dilution profile.
The second is the timeline. The plan is scheduled for Q4 2026, and further details are expected, so the specifics of the XRPL lending launch will clarify how quickly the new business can generate fees.
The third is participation in the swap itself. Migrations depend on holders actually showing up to convert, and a new dApp design with a dedicated swap page is clearly meant to make that step as frictionless as possible.
Disclosure: This article was edited by Estefano Gomez. For more information on how we create and review content, see our Editorial Policy.
Crypto traders are suddenly cheering for Ethereum, even as Wall Street investors continue pulling millions from its ETFs.
Meanwhile, Bitcoin and XRP are facing growing pessimism, which analysts say could actually help their recovery.
According to Santiment, Ethereum now receives 2.05 bullish social media comments for every bearish one. Yet US Ethereum ETFs have suffered 10 consecutive trading days of withdrawals.
Why Are Bitcoin and XRP Traders So Fearful?Santiment tracks positive and negative comments across X, Reddit, and Telegram. A score above 1 means bullish comments outnumber bearish ones.
Bitcoin’s score has fallen to 0.82 after repeated failures to break $87,000 and a decline toward $81,000. Meanwhile, leveraged bullish traders lost $688.56 million in a single day.
Ethereum FOMO vs Bitcoin and XRP social sentiment chart, Source: SantimentXRP looks equally unpopular. Its sentiment score sits at 0.92 after a weekly decline exceeding 9%. The token has also struggled to break above $1.40.
The reversal happened quickly. Earlier this month, Ethereum and XRP were deeply unpopular, while Bitcoin enjoyed stronger optimism.
“Ethereum is suddenly the crowd favorite…Bitcoin is seeing the opposite setup…XRP is also deep in FUD,” Santiment analysts noted.
Ethereum’s $780 Million Warning SignWhile Ethereum dominates bullish conversations, ETF investors are withdrawing money.
According to SoSoValue, Ethereum ETFs lost another $85.4 million on October 12, bringing withdrawals since September 29 above $780 million.
Spot Ethereum ETF Flows. Source: SoSoValueBitcoin ETFs also lost $65.4 million that day. XRP ETFs recorded zero net flows, with total assets at $1.55 billion.
Santiment believes this difference in sentiment could matter for the next market recovery.
“From a contrarian perspective, BTC and XRP’s fear is healthier than ETH’s crowd excitement if prices begin recovering,” the analysts wrote.
The argument is simple. When traders become overwhelmingly bullish, much of the buying enthusiasm may already be reflected in prices. Widespread fear can leave more room for sentiment to improve.
For now, Ethereum’s popularity faces a serious test: whether actual investment demand can catch up with the excitement.
Tom Lee, one of Ethereum’s most well-known advocates, foresees a difficult short-term period for ETH. His warning does not question his long-term bullish thesis: it concerns a possible contagion effect coming from the South Korean stock market.
In brief
Tom Lee issues a rare warning on Ethereum. He fears a short-term drop in ETH.
The Kospi drop worries markets. Stock losses in South Korea could spread to cryptos.
Margin calls represent a risk. Some investors might be forced to sell their ETH to cover losses.
Ethereum already shows signs of weakness. The pullback against bitcoin and ETF capital outflows increase pressure.
Tom Lee remains optimistic long-term. Despite his warning, he continues to believe in Ethereum’s potential.
The Kospi slump threatens to spread to cryptos
The Kospi index fell more than 6% during trading on October 13, under pressure from technology stocks and semiconductor manufacturers. Samsung Electronics and SK Hynix recorded losses close to or exceeding 8%.
The extent of the movement pushed Korea Exchange to activate a “sidecar” seller. This mechanism temporarily suspends certain automated orders when futures experience excessive variation. The Kospi 200 futures had then lost more than 5%.
Tom Lee fears that these stock market losses will transmit to the crypto market. He wrote on X :
This significant drop in Korean stocks is likely spreading to cryptocurrencies.
The Fundstrat co-founder identifies two risk factors: margin liquidations in South Korean brokerage firms and the strong participation of the country’s investors in the digital asset market.
His message ends with an explicit warning regarding Ethereum: “short-term pain for ETH”. Lee however did not announce a precise bearish target nor a duration for this possible correction.
Margin calls can force ETH sales
Many investors buy stocks with money borrowed from their broker. When the value of their portfolio drops, they must provide additional collateral or reduce their debt.
If they don’t have immediate liquidity, they may sell other assets, including bitcoins or ethers. The Kospi decline could thus create pressure on Ethereum even if no network-specific event justifies this drop.
Brokers can also automatically sell margin-funded positions when collateral becomes insufficient. This mechanism then transforms a local stock market correction into an urgent cash need.
Tom Lee has however provided no data demonstrating that Korean investors are already massively selling their ETH to meet margin calls. His scenario describes a plausible contagion channel, but not yet quantified.
Ethereum touched an intraday low near 2411 dollars before recovering around 2515 dollars. The asset remains down about 6% over a week and trades near a technical level watched between 2500 and 2550 dollars.
Ethereum already accumulates several signs of weakness
Pressure from Korea comes in a less favorable context for ETH. The ETH/BTC ratio, which measures Ethereum’s performance against bitcoin, has fallen about 4.7% in a week to near 0.030.
This trend shows bitcoin resists better than ether during uncertainty. It contradicts, at least short-term, Lee’s hypothesis of an imminent Ethereum catch-up.
US spot Ethereum ETFs also recorded several sessions of net outflows. The weakness of these flows reduces an important institutional support just as investors seek to lower their exposure to risky assets.
A liquidity indicator followed on Binance has also fallen to its lowest level in nearly seven months. Such a drop does not automatically mean sellers dominate. It can also reflect a withdrawal of ETH to private wallets, thus reducing immediately available supply.
These signals describe a fragile market but do not prove that a new lasting downtrend has started.
Tom Lee maintains his long-term bullish conviction
The warning is surprising because Tom Lee chairs BitMine Immersion Technologies, the largest treasury company dedicated to Ethereum. The group purchased 12,532 additional ETH during the week ended October 11.
BitMine now holds 6,028,946 ETH, about 4.9% of the estimated total supply of 122.1 million tokens. This reserve is worth over 15 billion dollars at the current price.
However, the buying pace has slowed as the company approaches its target of 5% of the supply. BitMine would have only about 77,000 ETH left before reaching that threshold.
Lee continues to support Ethereum through the development of tokenization, stablecoins, and artificial intelligence agents. He believes these uses could end several years of underperformance against bitcoin.
His October 13 warning remains tactical. He anticipates forced sales related to the Korean stock market crisis without abandoning his long-term growth scenario. The strength of 2500 dollars and the Kospi’s evolution will determine if this “pain” remains temporary.
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Luc Jose A.
Diplômé de Sciences Po Toulouse et titulaire d'une certification consultant blockchain délivrée par Alyra, j'ai rejoint l'aventure Cointribune en 2019.
Convaincu du potentiel de la blockchain pour transformer de nombreux secteurs de l'économie, j'ai pris l'engagement de sensibiliser et d'informer le grand public sur cet écosystème en constante évolution. Mon objectif est de permettre à chacun de mieux comprendre la blockchain et de saisir les opportunités qu'elle offre. Je m'efforce chaque jour de fournir une analyse objective de l'actualité, de décrypter les tendances du marché, de relayer les dernières innovations technologiques et de mettre en perspective les enjeux économiques et sociétaux de cette révolution en marche.
DISCLAIMER
The views, thoughts, and opinions expressed in this article belong solely to the author, and should not be taken as investment advice. Do your own research before taking any investment decisions.
Interactive Brokers, which reports more than $903 billion in client assets, has launched Ethereum staking through Zerohash, adding rewards on crypto holdings to a platform that supports trading in 20 digital assets.
Summary
Ethereum staking is available to eligible Interactive Brokers LLC clients through the broker’s Client Portal. Zerohash provides staking services, with earned rewards credited as additional staked cryptocurrency. IBKR’s existing crypto services include wallet transfers, stablecoin funding and Coinbase Derivatives futures. The broker also offers access to Kalshi, CME Group and ForecastEx prediction markets. Interactive Brokers announced on Oct. 13 that eligible customers can stake Ethereum while managing their holdings alongside stocks, options and futures. Under the arrangement, Zerohash provides the staking service, while clients submit requests and track activity through IBKR’s platform.
For the initial rollout, the company said customers can use the Staking Dashboard within its Client Portal to request staking or unstaking and monitor pending activity. When earned, rewards are added to the staked crypto balance and can compound while the position remains staked, according to the announcement.
Ethereum staking adds rewards to existing holdings In explaining the launch, chief executive Milan Galik compared staking with IBKR’s Stock Yield Enhancement Program, which allows participating clients to receive additional income on shares they own.
Galik described staking as an opportunity to “earn rewards on the cryptocurrency they own.”
“We want clients to earn more from the assets they hold,” he said.
The announcement identifies eligible Interactive Brokers LLC clients as the initial users of the Ethereum service. For American investors using that entity, the company said staking requests and pending activity can be managed through the same Client Portal used for their brokerage relationship.
Alongside the launch, IBKR’s announcement lists 20 supported digital assets for trading, including Bitcoin, Ethereum, Solana, XRP, Chainlink, Aave and Dogecoin. The company also lists stablecoin funding and transfers to external crypto wallets among its available services.
According to the brokerage’s website, Interactive Brokers holds more than $903 billion in client assets and serves over 5 million clients worldwide. The Nasdaq-listed company is also a member of the S&P 500, giving U.S. equity investors exposure to its business through both individual shares and funds tracking the index.
Wallet transfers and stablecoins extend IBKR’s crypto access Before introducing staking, Interactive Brokers added a way for customers to move existing crypto positions onto its platform. As crypto.news reported on March 25, eligible clients could transfer supported assets from external wallets into IBKR-linked crypto accounts without selling their holdings first.
According to that report, the transfer feature covered clients of Interactive Brokers LLC and Interactive Brokers U.K. Limited, with supported holdings placed in accounts at Paxos or Zerohash. Bitcoin, Ethereum and Solana were among the assets available for transfer.
For crypto trading, the brokerage stated that commissions ranged from 0.12% to 0.18% of trade value, subject to a $1.75 minimum per order. Its published pricing also excluded added spreads and markups.
Earlier, a Jan. 16 report covered IBKR’s 24/7 stablecoin account funding. Under the service announced the previous day, Zerohash processed USDC deposits across Ethereum, Solana and Base, converted the tokens into dollars and credited the proceeds to brokerage accounts.
At that launch, the company scheduled RLUSD and PayPal USD support for the week of Jan. 19. The report stated that IBKR charged no deposit fee, while Zerohash applied a 0.30% conversion fee with a minimum charge of $1.
In a July 14 announcement, the broker introduced withdrawals through automatic conversion of dollars into USDC, PYUSD or RLUSD. Customers could then send the stablecoins to external destinations, including personal wallets, according to the company.
The July release also added nine tokens through Zerohash and three through Paxos. IBKR said availability depended on the relevant affiliate and the customer’s country of residence; bidirectional stablecoin funding was unavailable to clients of its U.K. and Ireland entities.
Zerohash has pursued a U.S. national trust bank charter The infrastructure provider behind IBKR’s staking service has separately sought federal banking authorization. An Aug. 26 report detailed Zerohash’s second trust bank application, recorded by the Office of the Comptroller of the Currency on Aug. 19.
According to the report, the proposed Zerohash National Trust Bank would be based in Asheville, North Carolina, and operate under a holding company structure if approved. The filing requested trust powers from the regulator.
The OCC’s records showed that the agency received the first application on March 2 and returned it on July 17, the report stated. For the second filing, the regulator opened a public comment period with a Sep. 17 deadline.
At the time of the August report, the public record listed the application as received. Zerohash’s existing regulatory arrangements included a North Carolina-chartered nondepository trust company, money transmitter licenses and a New York BitLicense, according to company documentation cited in the coverage.
Crypto futures and prediction markets add trading options On Feb. 10, Interactive Brokers introduced Coinbase Derivatives nano Bitcoin and nano Ether futures, with monthly expirations and perpetual-style contracts available to eligible clients.
The brokerage said the smaller contracts represented 0.01 Bitcoin and 0.10 Ether, allowing customers to size positions in smaller increments. Its announcement described perpetual-style futures as long-dated contracts designed to track crypto spot prices while reducing how frequently traders need to replace expiring contracts.
According to IBKR, the contracts trade around the clock except for scheduled exchange maintenance on Fridays between 5 p.m. and 6 p.m. Eastern time. Eligibility varies by jurisdiction.
Separately, the company launched its combined prediction-market interface on May 14, connecting Kalshi, CME Group and ForecastEx. IBKR said customers could search similar contracts across the three venues, compare prices and fees, and trade without opening or funding separate accounts at each exchange.
Within the order interface, the company said its system selects the venue offering the best available net price. The platform also provides consolidated reporting and real-time tracking of prediction-market positions alongside customers’ other holdings.
At launch, IBKR said the offering would focus on election outcomes, climate events and economic indicators, with Kalshi and CME contracts added on a rolling basis. The company’s disclosure restricts forecast contracts on U.S. election results to eligible U.S. residents.
13 October 2026 | 23:53 Ethereum is drawing a much more optimistic crowd response than Bitcoin after its rebound. CryptoQuant’s Binance data, however, points to a different contrast beneath the discussion: ETH’s leverage ratio has stayed elevated, while Bitcoin’s has eased from earlier 2026 readings.
Key Takeaways Santiment recorded 2.05 bullish ETH comments for every bearish comment, compared with 0.82 for Bitcoin. CryptoQuant found ETH’s Binance Estimated Leverage Ratio near 0.69, above its 100-period moving average. Bitcoin’s ratio was near 0.19 and had moderated from higher readings earlier in 2026. ETH and BTC are sending opposite messages Santiment’s latest social-data update found 2.05 bullish Ethereum comments for every bearish one across X, Reddit and Telegram. The firm characterised the discussion around ETH as FOMO-driven, following its rebound and renewed attention on staking and future network upgrades.
Ethereum sentiment turns strongly bullish. Bitcoin produced the opposite reading: 0.82 bullish comments for every bearish comment. Santiment linked the weaker mood to Bitcoin’s rejection near $87,000, its slide toward $81,000 and the wider pressure on risk assets during the sell-off.
Neither figure says where either asset goes next. Social data measures the balance of public discussion, not the amount of capital committed to a trade. Its value here is that it shows where confidence has concentrated: ETH traders are discussing a rebound, while BTC traders remain more defensive.
Signal Ethereum Bitcoin Social mood 2.05 bullish comments for every bearish comment 0.82 bullish comments for every bearish comment Binance leverage trend Ratio near 0.69 and still above its 100-period moving average Ratio near 0.19 after moderating from earlier 2026 readings What this does not show Whether traders are mainly long or short, how deep order-book liquidity is, or the direction of the next price move. Leverage ratio is a sensitivity measure, not a long-or-short signal The difference becomes more useful when placed beside derivatives positioning. CryptoQuant’s Estimated Leverage Ratio compares open interest with the amount of an asset held in an exchange’s reserves. It offers a way to track how large the derivatives market has become relative to the coins available on that exchange.
A higher ratio can result from rising open interest, falling exchange reserves, or both. It does not reveal whether the market is positioned for a long squeeze or a short squeeze, and it cannot measure actual order-book depth. It should therefore be read as a sign of potential derivatives sensitivity rather than a stand-alone trading signal.
The metric is also most useful against each asset’s own history. ETH and BTC have different reserve patterns, derivatives markets and custody flows, so a 0.69 ETH reading is not a simple numerical verdict over a 0.19 BTC reading. The meaningful comparison is the recent direction of each ratio.
How to read the two datasets together
Sentiment shows where conviction is building; leverage shows whether derivatives exposure is remaining elevated around that conviction. A stronger risk warning would require further evidence, such as rising open interest and increasingly positive funding – not social optimism alone.
Ethereum’s leverage ratio has rebuilt after earlier resets CryptoQuant analyst MorenoDV_ placed Ethereum’s Estimated Leverage Ratio on Binance near 0.69 while ETH traded around $2,400. The analysis compared that with readings near 0.53–0.55 before the October 10, 2025 liquidation event.
Ethereum chart showing Binance estimated leverage ratio near 0.69. More important than the single reading is what followed. CryptoQuant’s chart showed the ratio rebuilding after sharp resets and remaining above its 100-period moving average. In other words, ETH’s derivatives exposure relative to Binance reserves has stayed in a higher range even after prior bouts of deleveraging.
That does not prove that ETH is about to decline, and it does not establish that leveraged longs dominate the market. It does mean that a fresh rise in open interest and positive funding would deserve closer attention: traders would be adding exposure while the ratio is already elevated against ETH’s recent trend.
Bitcoin’s crowd is cautious while its leverage trend has cooled Bitcoin’s social reading is weaker, but CryptoQuant’s Binance data shows a less persistent leverage setup. Its Estimated Leverage Ratio stood near 0.19—around the level seen before the October 2025 liquidation event cited in the analysis—and had fallen from higher readings earlier in 2026.
Bitcoin leverage remains relatively restrained. The ratio was also below a declining moving average in CryptoQuant’s chart. That suggests that derivatives exposure relative to Binance reserves has been easing rather than rebuilding in the same way described for ETH.
This does not make Bitcoin automatically bullish or safer. A lower ratio can reflect healthier deleveraging, but it can also occur in a weak market with little appetite to add new futures positions. Bitcoin still needs price stability and renewed spot demand before a lower leverage reading can support a stronger recovery case.
What would confirm or weaken the current divergence? Asset Current mix What would strengthen the reading What would weaken it ETH Bullish social discussion and an elevated Binance leverage trend Open interest rises, funding stays strongly positive and the leverage ratio remains elevated Open interest and the ratio decline while ETH holds or extends its recovery BTC Fearful social reading and a cooling Binance leverage trend Price stabilises and spot demand improves without a sharp return in leverage A weak bounce attracts a fast rebuild in open interest and leverage The supplied sentiment and leverage datasets do not include live funding-rate or open-interest changes. Those are the next figures that would test whether ETH’s social optimism is becoming a crowded derivatives trade, or whether Bitcoin’s lower leverage is accompanied by genuine buying demand.
ETH and BTC need different confirmation before the next move Ethereum currently has the stronger narrative, but its Binance leverage ratio has not reset as fully as Bitcoin’s. That makes the next derivatives data important: rising open interest and positive funding would make ETH’s rebound more vulnerable to a rapid reversal, while a calmer build in exposure would weaken that concern.
Bitcoin’s cautious sentiment should not be read as a bullish signal on its own. Its leverage trend has improved, but the market still needs spot demand and price stability to show that the sell-off has produced a durable base rather than simply reduced speculative participation.
This article is provided for informational purposes only and does not constitute financial or investment advice. Social sentiment and derivatives metrics are interpretive tools, not guarantees of future price movement.
Author
Kosta has reported on cryptocurrency markets and blockchain infrastructure since 2020, bringing over six years of hands-on experience in the crypto industry built through daily tracking of markets, trends, and emerging blockchain developments. Specializing in Bitcoin on-chain analysis, institutional ETF flows, and digital asset price action, his work at Coindoo has been cited by other news agencies and consistently covers market developments with a focus on data-driven reporting across Bitcoin, Ethereum, Solana, and XRP. Over the years, Kosta has contributed to multiple crypto media outlets in different regions, authoring over 6,000 articles across the sector. His reporting spans cryptocurrency markets and the broader fintech industry, tracking not only price action but also the technological and regulatory forces shaping the ecosystem. To support his analysis, Kosta actively leverages on-chain data and metrics from leading platforms such as Santiment, Glassnode, and CryptoQuant, enabling deeper, evidence-based market insights. He believes in the power of transparency and the data that underpins the blockchain ecosystem. His academic background in Marketing Management from Denmark further complements his analytical approach, adding a strong understanding of communication strategy and content positioning to his work.
Coinbase’s Ethereum Layer-2 network, Base, has introduced “Earn & Borrow,” an integration layer allowing applications to provide features such as variable-rate stablecoin yield and crypto-collateralized loans. This new system utilizes third-party protocols like Morpho and Aave. The update aims to enhance in-app access to credit and yield markets built on Base, rather than introducing a native lending protocol. Recent data indicates an average stablecoin yield of 4.45% in these markets, excluding incentives. This development could indicate a significant increase in Ethereum’s utility, potentially influencing market perceptions of its future price potential.
Key Takeaways Introduction of “Earn & Borrow” on Base suggests increased utility for Ethereum, potentially enhancing its market perception. Current market pricing for Ethereum reaching $10,000 by December 2026 remains low, with a 0.9% YES probability. The development is consistent with scenarios where Ethereum’s growing functionality supports higher future valuations. What to Watch Watch for any significant shifts in Ethereum’s price movement following the integration announcement. Observers will be keen to see if this development leads to increased adoption and use of Ethereum-based financial services. Additionally, monitoring any changes in stablecoin yields and loan demand on Base could provide further insights into the network’s impact on the Ethereum ecosystem.
Term Structure
Contract Odds Δ since publish Volume 24h December 31, 2026 0.9% — — View market → December 31, 2026 0.9% — — View market → December 31, 2026 2.4% — — View market → December 31, 2026 3.1% — — View market → December 31, 2026 5% — — View market → January 1 2027 18.5% — — View market → January 1 2027 4.5% — — View market → January 1 2027 1.1% — — View market → January 1 2027 1.1% — — View market → January 1 2027 2.5% — — View market → January 1 2027 4% — — View market → January 1 2027 8.5% — — View market → January 1 2027 8.6% — — View market → January 1 2027 2.6% — — View market → January 1 2027 1.6% — — View market → January 1 2027 5.5% — — View market → January 1 2027 42.5% — — View market → January 1 2027 15.5% — — View market → January 1 2027 2.1% — — View market → January 1 2027 24.5% — — View market → January 1 2027 48.5% — — View market →
Telcoin (TEL) has added a built-in swap to its TELx liquidity platform, routing trades through the 0x Swap API across Ethereum, Polygon and Base, with eUSD conversion supported.
@TelcoinTAO has added a swap feature to TELx, its liquidity dashboard, allowing users to trade tokens without leaving the platform. Previously, liquidity providers had to use an external exchange first, then return to TELx to join a pool and earn rewards.
Trades are routed through the 0x Swap API, which charges a 0.15% fee on some pairs. TELx adds no fee of its own. The tool can also convert directly into the eUSD stablecoin and works across Ethereum, Polygon and Base.
What changed for TELx usersAccording to the project's public code repository, the only swap previously available on TELx was the eUSD vault, which handled native USDC to and from eUSD at a 1:1 rate through the Peg Stability Vault. A development ticket notes that liquidity providers holding other assets, such as ETH, had to swap elsewhere before adding liquidity or using the vault. The ticket cites liquidity provider feedback asking for swap support for other assets.
The new feature closes that gap. Telcoin's code notes that the integration uses the 0x Swap API v2, and that TELx sends no fee parameters of its own with each quote. The interface also offers a link to make the same swap on Uniswap for users who prefer it, according to the project's pull request on fee disclosure.
How the 0x fee works0x says on its pricing page that, on its standard plan, it charges a 0.15% fee on swaps involving select token pairs. The company states that the list of eligible tokens changes over time and that any fee is detailed in each API response when it applies. This explains why the cost varies by trading pair on TELx.
For users, the practical effect is fewer steps. Swapping, pooling and reward collection can now happen in one place, which reduces the need to move funds between venues before providing liquidity. The 0x Swap API covers 16 EVM networks, according to 0x, so TELx's three-chain support is a subset of what the API can reach.
Sberbank, Russia’s largest lender, has been added to the Bank of Russia’s register of crypto exchange operators, clearing it to buy and sell digital currencies in its own name and to quote prices directly to its own customers. The entry, dated October 12 in the central bank’s register, gives Sberbank both of the licences created under Russia’s new digital-currency framework, after it joined the digital depository register earlier in the month.
The state-controlled bank now plans to launch its first retail crypto products on December 1 through SberBank Online, SberInvestments and SberBusiness, with Bitcoin, Ethereum and Tether’s USDT expected to be the first supported assets. It builds on Sberbank’s earlier plan to run an off-chain crypto trading system in December, now backed by a formal exchange-operator licence rather than a roadmap announcement.
What the Approval Actually Changes Russia’s digital-currency law, in force since September 1, created two new licensed roles alongside the exchanges, brokers and trustees that already handled digital assets. An exchange operator may buy and sell digital currencies on its own behalf and at its own expense outside organised trading, while a digital depository records who owns what and grants clients access to the address identifiers where their assets are held.
Sberbank was among the first five digital depositories admitted on October 6. Its addition to the exchange register a week later lets it trade as well as hold, a combined position that only VTB previously held among current market participants. The bank said the status lets it organise the circulation of digital currency on interfaces clients already use, rather than steering customers to a separate service. Holding both roles also lets Sberbank bundle trading and custody for clients in one place, removing a step customers would otherwise face at separate venues.
Which Coins, What Limits and When Sberbank has said its first products will support Bitcoin, Ethereum and USDT, though the Bank of Russia will set the final list of permitted coins. Non-qualified retail investors may buy up to 300,000 rubles — roughly $3,500 — of eligible cryptocurrencies a year through each intermediary after passing a mandatory test, while qualified investors face no annual purchase cap.
Cryptocurrency still cannot be used to pay for goods and services inside Russia, though the framework does permit its use for cross-border settlements without an amount limit, a carve-out aimed at trade payments. Sberbank has cautioned that the December 1 timing depends on further central-bank regulations, leaving room for the schedule to slip as the Bank of Russia finalises its operating rules.
Russia’s Ten Registered Crypto Exchangers The exchange-operator register has grown from four names to ten in a single week. As of October 13 it lists VTB and T-Invest Lab — part of the T-Technologies group behind T-Bank — along with Zefir and Sistema-Crypto from the first batch admitted October 6; RNKO Finpilot and Professional Bank, added October 8; Moy Bitkoin and Khlynov Bank, added October 9; and Sberbank and Paradise Technology, both entered October 12.
That pace reflects a simplified, notification-based route that lets established financial institutions be admitted within a single day. What regulators called a first step on October 6 has quickly become a crowded list of licensed venues, with Sberbank by far the largest name on it.
What Happens Before December 1 Institutions already on the registers must comply with transaction and recordkeeping rules from the date of inclusion and have until September 1, 2027 to bring the rest of their operations into full compliance. Moscow Exchange has separately said it plans to enable crypto trading from December 1 and is testing operations with professional participants, pointing to a December window in which several venues go live at once.
Sberbank executives have projected that Russia’s regulated crypto trading could reach about $46 billion in its first year, a figure that explains why the country’s largest bank is moving first. For now, the next concrete signals are the Bank of Russia’s final list of permitted coins and any further product guidance before the stated December 1 target.
AUTHOR
Mysterious crypto writer with expertise in blockchain, offering deep insights that captivate and intrigue readers. With a unique ability to uncover hidden insights and trends, Samuel delivers in-depth analysis and thought-provoking content that keeps readers on the edge of their seats. His writing style is engaging and informative, blending technical knowledge with a sense of intrigue, making complex crypto topics accessible to both newcomers and seasoned industry professionals. Samuel’s work continues to capture the attention of the crypto community, solidifying his reputation as a trusted voice in the space.
14 October 2026 | 00:55 Interactive Brokers has added Ethereum staking to Client Portal for eligible Interactive Brokers LLC clients. Clients can now submit staking requests alongside their usual brokerage activity, though the ETH is held and staked through Zero Hash rather than by Interactive Brokers itself.
Key Takeaways Eligible Interactive Brokers LLC clients can stake ETH through Client Portal. Ethereum is the only staking asset at launch, with availability varying by affiliate and country. Zero Hash provides the staking service and custody arrangement. Rewards can compound, but they are variable and not guaranteed. Staked ETH may not be ready to sell or transfer immediately after an unstake request. ETH staking moves into Interactive Brokers’ Client Portal Interactive Brokers introduced Ethereum staking on October 13. Eligible Interactive Brokers LLC clients can use the Staking Dashboard in Client Portal to request staking or unstaking and monitor pending activity.
Ethereum is the sole supported asset at launch. The broker says access depends on the Interactive Brokers affiliate, country of residence and client eligibility, so crypto trading access does not automatically mean a client can use the staking feature.
The launch simplifies the front end of the process for existing Interactive Brokers customers. Instead of managing a separate staking account, the client can initiate and track the request from the same portal used for other account activity.
What changes for the client—and what does not Part of the experience What Interactive Brokers adds What still depends on others Submitting a request Stake, unstake and pending-activity tools inside Client Portal. Zero Hash processes the service request. Custody A familiar brokerage interface for viewing the position. The crypto position is held with Zero Hash, outside Interactive Brokers. Rewards Rewards are credited as additional staked ETH when earned. Ethereum network rewards, applicable fees and validator performance affect the outcome. Leaving staking Clients submit the unstake request from Client Portal. Ethereum’s withdrawal process and provider handling determine when ETH becomes available. Zero Hash provides the staking service. Interactive Brokers’ crypto disclosures state that digital assets are held with Paxos or Zero Hash, depending on the account arrangement, rather than being custodied by Interactive Brokers.
That makes this a custodial staking product, not self-custody. A client does not hold the private keys or select validators directly. The trade-off is operational simplicity: the client can use a familiar brokerage portal while Zero Hash handles the underlying staking arrangement.
Rewards may compound, but the rate is not fixed Interactive Brokers says rewards, when earned, are credited as additional staked cryptocurrency. They can therefore compound while the ETH remains in staking.
That does not turn ETH staking into a fixed-interest product. The underlying Ethereum reward level can change, while the amount passed to a customer depends on fees and the terms of the service. Any displayed estimate should be treated as a current indication, not a promised annual return.
Interactive Brokers’ public staking page explains that rewards can compound, but it does not publish one fixed reward rate or universal staking-fee figure. Clients need to check the current terms in Client Portal before opting in.
The key liquidity warning
Staked ETH should not be treated as immediately tradeable ETH. An unstake request may take from hours to weeks, depending on the asset, Ethereum’s processing and the provider’s handling of the request.
The crucial decision is how much ETH to leave liquid The main issue for a client is not submitting the staking request; it is what happens later if they want to sell, transfer or rebalance the position during a fast market move.
Zero Hash’s terms say unstaking can take from hours to weeks. There may also be a delay before a new staking request is fully processed and begins earning rewards, since instructions can be handled in batches.
For an ETH holder, this creates a straightforward portfolio question: which part of the position is intended for longer-term staking, and which part may be needed quickly? ETH awaiting release from staking may not be available when the client wants to trade it.
Staking risk does not end with the Ethereum price ETH’s market price remains the largest risk for many holders, but staking introduces additional operational risks. These include validator downtime, missed rewards and slashing penalties if validator activity breaches network rules.
Zero Hash says it may replace assets affected by certain slashing events. However, the terms also identify exceptions, including protocol failures, third-party failures, malicious attacks and events outside the provider’s reasonable control. The arrangement should therefore not be read as complete protection against staking losses.
Clients also remain dependent on the availability of the broker’s interface, Zero Hash’s systems and the Ethereum network when they need to monitor or change their position.
Before you stake ETH through Interactive Brokers Four checks worth making first
Confirm availability: Staking is limited to eligible Interactive Brokers LLC clients and varies by residence and affiliate. Check the net reward: Review the currently displayed reward information and fees, not a generic Ethereum staking estimate. Keep trading ETH separate: Do not stake ETH that may be needed for a near-term sale or transfer. Read the service terms: Understand the custody model, unstaking process and limits of any slashing-related replacement policy. Interactive Brokers has made ETH staking easier to access for clients already using its platform. The important limits remain unchanged: rewards vary, the ETH is held through a third-party provider, and exiting staking can take longer than an ordinary crypto trade.
This article is provided for informational purposes only and does not constitute investment, legal or tax advice. Crypto assets are volatile, staking rewards are variable, and eligibility, fees and service terms can change.
Author
Alex is Editor-in-Chief of Coindoo and co-founder of Millennial Media Group, with nearly a decade of experience covering financial markets - crypto first, then everything else. It started in 2016 with Bitcoin. Like most people at the time, he didn't fully understand it - so he kept digging. Blockchain, tokenomics, the projects, the cycles. That curiosity never stopped, and eventually pulled him into traditional markets too: equities, commodities, macro. Not because he left crypto behind, but because you can't properly understand one without the other. What drives him is straightforward: he wants to know why something is happening, not just that it's happening. Most market coverage stops at the headline - price up, price down, here's a chart. Alex finds that kind of reporting actively unhelpful. If you walk away from an article without understanding the mechanism behind the move, what did you actually learn? He holds a degree in Tourism from New Bulgarian University - not the most obvious path into financial markets, but markets have a way of pulling in people who are simply too curious to stay out. He has authored over 200 in-depth analyses and more than 10,000 articles across crypto and traditional finance. He still thinks every day in markets teaches him something new. That's probably why he hasn't stopped.
Interactive Brokers (Nasdaq: IBKR) has launched cryptocurrency staking for eligible clients, letting them earn rewards on Ethereum while managing crypto alongside stocks, options, futures and other assets on its unified platform. Staking services are provided by digital-asset infrastructure firm ZeroHash, and rewards, when earned, are credited as additional staked ETH that can compound while the position remains staked, according to the company’s announcement.
At launch, eligible Interactive Brokers LLC clients can stake Ethereum through a Staking Dashboard in the broker’s Client Portal, where they can submit stake and unstake requests and monitor pending activity. Chief Executive Officer Milan Galik framed the product as the crypto equivalent of the firm’s existing Stock Yield Enhancement Program, which lets clients earn extra income on shares they hold.
“Similar to how our Stock Yield Enhancement Program allows clients to earn additional income on shares they own, staking gives clients an opportunity to earn rewards on the cryptocurrency they own,” Galik said. “We want clients to earn more from the assets they hold.”
Ethereum First, With Availability Varying by Jurisdiction The initial rollout is limited to Ethereum. Interactive Brokers said product availability varies by affiliate and country of residence, so eligibility depends on the entity holding the account and where the client lives. The announcement did not specify when staking might extend to other proof-of-stake assets.
The launch adds staking to a crypto service that already offers trading in 20 digital assets: Aave, Aptos, Avalanche, Bitcoin, Bitcoin Cash, Canton, Cardano, Chainlink, Dogecoin, Ethereum, Lido DAO, Litecoin, Monad, NEAR Protocol, Pax Gold, Plasma, Ripple, Solana, Sui and Uniswap.
Brokers Keep Expanding Into Crypto Yield The move extends a multi-year build-out of Interactive Brokers’ crypto services, which already include stablecoin funding through USDC, RLUSD and PYUSD and transfers to external wallets. Institutional staking has also been spreading through 2026, with Lido and Stakely launching public and institutional ETH staking vaults in September.
What Remains Unclear Interactive Brokers did not disclose the staking reward rate, any fee ZeroHash takes from gross rewards, or a timeline for expanding beyond Ethereum. Rewards are not guaranteed, since staking returns depend on network activity, and terms vary by client location. For now, the launch matters mainly as another signal that mainstream brokerages see on-platform crypto yield as a way to keep client assets from migrating to dedicated exchanges.
AUTHOR
Jide Idowu is a skilled freelance writer with expertise in blockchain technology, cryptocurrency, and digital finance. Known for his ability to break down complex topics into clear, engaging content, Jide crafts articles, blog posts, and analyses that resonate with both beginners and seasoned professionals. His work spans a wide range of subjects, from emerging crypto trends to in-depth explorations of blockchain innovations. With a keen eye for detail and a passion for educating readers, Jide is a reliable voice in the rapidly evolving world of digital assets.
Patricio Worthalter Deposits 10,000 $ETH ($25.05M) to Gemini, Continues Dumping
Patricio Worthalter (@worthalter) continues to dump $ETH, depositing another 10,000 $ETH ($25.05M) into #Gemini 40 mins ago.
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According to Lookonchain’s monitoring, a crypto whale purchased 1,162 BTC worth $96.77 million via Wintermute. Over the past 12 hours, five newly created wallets received this asset from Wintermute.
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Malicious counterfeit of 200,000-star REA: Fake installation package flagged as malware, downloaded 172 times.
Beating AI News Flash: The viral AI reverse tool REA has been maliciously counterfeited. On October 13, a developer issued a warning in REA’s official GitHub repository, noting that a fake repository had been set up offering a Windows installer suspected of containing a Trojan horse. REA recently surpassed 200,000 GitHub stars, and the fake installer had amassed 172 downloads at the time of reporting. The counterfeiter registered a GitHub repository named `rea-tools/rea`—closely resembling REA’s official website `rea.tools`—and directly copied the official README. They added a "Windows Standalone Version" download entry to the original documentation, providing an 82.6 MB compressed package. The reporter’s scan found that Microsoft Defender flagged both the compressed package and its executable as the Wacatac Trojan, with 8 out of 45 VirusTotal security engines marking it as malicious. Sandbox analysis also uncovered suspicious behaviors in the file, including debugging environment detection and delayed execution. REA’s maintainers then merged a fix pull request (PR) on October 13, adding a download source warning to the official README to remind users to obtain the software via the official GitHub repository, official website, or npm. The reported fake repository is currently inaccessible.
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According to Yu Jing Monitoring, POAP founder @worthalter sold an additional 10,000 ETH (valued at $25.05 million) 20 minutes ago. Since the 5th, he has transferred a total of 18,000 ETH (worth $45.86 million) to Gemini over the past 9 days. His remaining ETH holdings stand at 41,468 ETH, valued at $103.7 million.
Not financial or tax advice. PANews content is strictly educational and informational and is not investment advice, financial advice, tax advice, legal advice, or a solicitation to buy or sell any digital asset, security, or financial product. Do your own research and consult qualified advisers.
Disclosure. PANews may publish sponsored content, partner content, advertisements, affiliate links, event promotions, and market commentary involving Web3 projects, service providers, or financial products. PANews personnel, contributors, or affiliates may hold digital assets or other interests related to covered topics. See our Terms of Service.
The SEC has filed a Form 25 for the Bitwise Dogecoin ETF, referenced under DOGE. That is the paperwork tied to pulling a fund off an exchange listing, and it is the formal step that follows Bitwise’s decision to shut the product down.
From launch to liquidation in under a year
Bitwise Investment Advisers launched its spot Dogecoin ETF, which trades under the ticker BWOW, on November 26, 2025. It started life with $2.5 million in seed funding.
Early signs looked respectable. Trading volume reached approximately $3 million during the fund’s first week, which suggested some curiosity from the market.
That curiosity did not last. Assets under management fell to approximately $688,000 by early September 2026, and stood at $725,870 by October 7, 2026.
Investors did not simply ignore it. They actively pulled cash out, with total net outflows surpassing $1.3 million since launch.
Activity dried up too. Trading volume for BWOW in September 2026 came to $51,480, a fraction of that busy opening week.
The fund charged an expense ratio of 0.34%. On a fund this small, that fee generates very little revenue for the issuer, which helps explain why keeping it alive stopped making sense.
The timeline for shutting down
Bitwise announced the liquidation through an 8-K filing on September 10, 2026. The Form 25 is the next piece of the delisting process.
The final trading day for BWOW is set for October 14, 2026. After that, investors are expected to receive cash distributions on or around October 22, 2026.
At the time of the wind-down, the ETF held about 8.2 million DOGE. That stash was valued at under $700,000.
Why Dogecoin did not click with ETF buyers
Bitwise CEO Hunter Horsley expressed disappointment over how the product performed. His explanation centered on a mismatch between audiences.
According to Horsley, people who buy traditional ETFs were hesitant to put money into Dogecoin. The people who actually like Dogecoin, meanwhile, are not necessarily the ones shopping for exchange-traded funds in a brokerage account.
Horsley also noted that he personally holds DOGE. So the closure does not reflect a verdict on the coin from the top of the company, just on whether a regulated fund was the right way to sell it.
The contrast with the rest of Bitwise’s lineup is notable. The firm has seen stronger demand for more established products, including its Solana staking ETF.
What this means for single-asset crypto funds
There is also a practical lesson about economics. A fund charging 0.34% on less than $1 million in assets brings in only a small amount in annual fees, which is unlikely to cover the cost of running a listed product. Seed money can launch a fund, but it cannot keep one alive without follow-on demand.
For current BWOW holders, the key dates are October 14, 2026, for the last day of trading, and on or around October 22, 2026, for cash distributions. Anyone still in the fund should expect cash back rather than DOGE.
Disclosure: This article was edited by Vivian Nguyen. For more information on how we create and review content, see our Editorial Policy.
According to reports from The Paper, the Qian Zhimin case — involving over 40 billion yuan in illegal fundraising and more than 60,000 Bitcoin — has seen new progress in China’s judicial process. On October 13, the Tianjin No.2 Intermediate People’s Court announced that it had accepted on September 28 the application by the Second Branch of the Tianjin Municipal People’s Procuratorate to confiscate illegal gains from suspect Qian Zhimin. Per the court’s released property confiscation list, in addition to Bitcoin, the virtual currencies involved include 72,745.79502 Bitcoin Cash, 72,745.78555 Bitcoin Gold, 72,745.7845 Bitcoin Satoshi Vision, 3,605,989.9995 Ripple, and 70,081,208.62553222 Dogecoin (converted by UK authorities and deposited in an interest-bearing account). Other properties targeted for confiscation include US dollar, euro, and British pound cash, jewelry, bank balances, investment portfolios, and more. The Second Branch of the Tianjin Municipal People’s Procuratorate stated that Qian Zhimin is suspected of illegal fundraising fraud, was placed on a wanted list after fleeing, and has failed to appear in court for over a year. Evidence confirms that more than 61,800 Bitcoin and other assets seized in the UK are illegal gains and their proceeds. The procuratorate requests that these illegal gains, as well as their converted, transformed, and derived properties and proceeds, be recovered and confiscated, with the exception of those legally returned to defrauded fundraising participants.
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Cardano [ADA] is currently caught in a tug of war.
From a technical perspective, ADA posted three months of consecutive gains, pushing ADA close to the $0.30 level. However, the altcoin started October down over 3%.
Analysts are now flagging $0.24, which has become a key level for Cardano to watch out for the potential change in the token’s movement. The main question is whether the pullback is a short-term correction or the beginning of a more profound decline.
On a fundamental level, Cardano launched the second week of October with fireworks. As we can see from the chart below, Cardano just broke a five-year-old record.
In Epoch 660, 1,780,896 transactions were processed, compared to the previous record of 1,566,974 in November 2021. This means a new record, with an average of 83.83 transactions per block.
Source: X Normally, this sort of technical-fundamental divergence would indicate that ADA is undervalued, as increased activity suggests that fundamentals are improving despite its recent price weakness.
In addition to this, Chainspect added that Cardano posted over $100k in monthly revenue for the first time, reaching $136.6k over the last month.
This means that another chapter of Cardano’s expansion narrative is being added, signifying that even though ADA is facing pressure, the network’s activity keeps rising.
Naturally, the key question is whether these improving fundamentals can support Cardano’s valuation and eventually translate into strong price action.
Is ADA overvalued despite Cardano’s growing network activity? Typically, signs of undervaluation tend to be among the first things that smart money looks at when assessing a market opportunity.
In other words, if Cardano’s transaction activity and network revenue continue to climb, while ADA faces short-term selling pressure, it could draw in investors that see a discrepancy between the asset’s current valuation and its fundamentals.
However, looking at the current scenario, this may not be true.
As the post below highlights, Cardano whales have been selling their coins. During the last five days, 110 million ADA were dumped by big holders in the market, putting extra selling pressure on the price as it nears the key support area.
The most worrying sign, however, is the decrease in network activity. The number of daily active addresses fell by 41.36% to 15,977, compared to 27,248 during the same time last week.
Source: X Together, these trends constitute a potentially overvalued scenario for Cardano.
While transaction activity hit a record high and network revenue is climbing, accumulation or increased engagement by users is not in sight.
This means that the market does not see ADA’s correction as an obvious buying opportunity at the moment, contrary to signs of undervaluation.
Instead, whale selling, a decrease in active addresses, and ongoing price weakness indicate that investors are cautious about ADA’s near-term prospects, potentially causing the $0.24 support level to break and exposing the altcoin to a deeper correction.
Final Summary Cardano hit a five-year transaction record, while monthly revenue rose to $136.6k. Whales sold over 110 million ADA in five days, putting the $0.24 support level at risk.
Cardano has adopted the Open Wallet Standard (OWS), a framework designed to streamline wallet management across multiple blockchains. This move comes as Cardano’s native token ADA hovers at the critical $0.22 to $0.24 support zone.
New unified wallet standard aims to boost interoperabilityThe Cardano community backed the integration of OWS, describing it as a significant step for multi-chain interoperability. OWS enables applications and artificial intelligence agents to manage wallets on different blockchains through a single interface, offering flexibility in transaction authorization.
WingRiders, IOG, and the Midnight Foundation led the development of the OWS. These entities are recognized for their work on blockchain scalability and privacy solutions.
Developers working on cross-chain apps and AI tools are expected to benefit from the new standard. With OWS, there is no longer a need to build custom wallet management systems for each blockchain, potentially accelerating the rollout of decentralized applications.
OWS delivers a unified wallet management interface, enabling apps and AI agents to operate across several blockchains with configurable transaction-signing rules, according to project representatives.
The actual impact of the OWS integration will depend on its adoption by applications and the broader ecosystem.
Mini dictionary: WingRiders is a decentralized exchange built on Cardano, while IOG (Input Output Global) is the technology company behind Cardano’s core development. The Midnight Foundation is focused on blockchain privacy and data protection solutions.
ADA price tests key support, analyst outlines next levelsWhile Cardano enhances its infrastructure, ADA’s price remains at a crucial technical juncture. Chart analyst Giannis Andreou identified the $0.22 to $0.24 range as pivotal for ADA’s short-term trend after its recent rebound from summer lows.
Andreou’s analysis aligns the current support with ADA’s upward trendline. Should ADA maintain this support, the recovery may continue, providing a chance for renewed tests of resistance. However, a move below this range could shift attention toward the next support at $0.19 to $0.20.
Volume, open interest, and on-chain data remain key for gauging market momentum, but technicals offer the clearest guide for now.
The analyst highlighted $0.2712 as ADA’s initial upside target, followed by resistance at $0.2910. If ADA can surpass $0.2910 and confirm this breakout, subsequent resistance levels to watch include $0.3117, $0.3522, and $0.4277.
Andreou projects a potential extension to $0.4834, nearly doubling the value from the $0.2419 reference level. This upside remains dependent on ADA holding above key supports.
Key LevelsPrice ($)TypeSupport0.22 – 0.24PrimarySupport0.19 – 0.20SecondaryResistance0.2712InitialResistance0.2910CriticalResistance0.3117NextResistance0.3522NextResistance0.4277NextUpside Target0.4834ExtendedThe analyst noted that breaking below $0.22-$0.24 could invalidate the higher lows pattern, putting $0.19-$0.20 as the primary area to watch.
The outlined price levels serve as reference points rather than guarantees, with confirmation needed before higher targets are considered achievable.
Outlook for Cardano ecosystem and ADA priceCardano’s immediate trajectory will depend on the adoption of OWS across wallets and applications, as well as ADA’s ability to sustain its key support range. Successful integration of the standard could support new use cases for Cardano and encourage cross-chain development.
For traders, ADA’s near-term direction will be determined by its response to $0.22-$0.24 support, with potential upside targets of $0.2712 and $0.2910, or a possible move down to $0.19-$0.20 if support cracks.
The overall effect of these developments on ADA demand remains uncertain, with further clarity expected as OWS adoption and price action evolve.
The Cardano Foundation has spun out digital identity firm Veridian and tokenised its shares on Cardano ($ADA) using the CIP-0113 programmable token standard.
The Cardano Foundation has launched Veridian, its digital identity spin-out, and tokenised shares in the new company on Cardano ($ADA). The announcement, made by @Cardano_CF on October 8, makes Veridian an independent commercial business and the first to use the network's programmable token standard, CIP-0113.
What Veridian does, according to crypto.news. The project had been in development for three years before the spin-out. , CoinDesk reported.
The company's mobile wallet is already live. CoinDesk reported that Veridian develops credentials that help people, businesses and AI agents verify identities and authority. According to crypto.news, the company says it has mapped all 142 requirements in Utah's state-endorsed digital identity implementation guide, and it plans to seek strategic partners and investors in 2027, including for expansion in the United States.
How the shares were tokenisedVeridian's shares have been issued as ledger-based securities under Switzerland's DLT Act, crypto.news reported. The Foundation describes them as the first asset deployed on Cardano using CIP-0113.
Frederik Gregaard, the Cardano Foundation's CEO and Veridian's chair, told CoinDesk that most of the company's 1 million shares have been tokenised. CoinDesk noted that the tokenised shares are not being offered to the public.
CIP-0113 went live on Cardano mainnet on October 7, one day before the spin-out. CoinMarketCap Academy reported that the Foundation said the standard went live after multiple independent security audits. It lets issuers of stablecoins, tokenised funds and bonds build compliance controls into tokens, including KYC checks, sanctions screening, transfer limits and freeze-and-seize functions. CoinDesk said these features are designed to help issuers meet regulatory requirements.
Mainnet availability does not by itself show adoption. As TradingView News noted, the standard's relevance to $ADA depends on issuers choosing to build with it. Veridian is the first live example, but it is a Foundation-linked company, and its shares are not publicly tradable.
Sources:
CoinDesk: Cardano Foundation spins out Veridian, tokenizes its shares on new standard
crypto.news: Cardano Foundation spins out digital identity firm Veridian
CoinMarketCap Academy: Cardano rolls out token standard letting issuers freeze, seize assets
TRON settled $2.21 trillion in stablecoins in the third quarter.
The figure comes from TRON DAO’s State of TRON Q3 2026 report, published on October 12, 2026. It covers the July to September quarter.
The numbers behind the quarter
The report puts the exact stablecoin settlement figure at $2.2126 trillion. That is a 5.1% quarter-over-quarter increase from $2.106 trillion in Q2.
Spread across the quarter, average daily settlement reached $24.05 billion, up 3.9% from the prior period.
Supply grew too. The combined supply of USDT and USDD on TRON reached $93.88 billion, up 5.5% quarter-over-quarter and 14.9% year-over-year.
By mid-October, stablecoin supply on TRON had climbed to around $95.3 billion.
There was also a milestone along the way. Cumulative transaction volume on TRON passed $30 trillion as of September 23, 2026.
More users, more transactions, slightly lower fees
TRON processed approximately 1.1 billion transactions in Q3, a 33.7% jump year-over-year.
Average monthly active addresses rose 9.8% to 18 million.
Total value locked across the TRON ecosystem, including staking, stood at $28.21 billion.
Network fees for the quarter totaled $701.4 million. That marks a 4% decline from Q2.
TRON leads stablecoin card spending
TRON processed around $998 million in stablecoin card transaction volume during Q3. That works out to 23.2% of the $4.31 billion total across all networks, the largest share of any chain according to the report.
The ETF piece
On September 9, Canary Capital launched the Canary Staked TRX ETF, referenced in the research as the TRXS ETF. The product gives investors exposure to staked TRX through an exchange-traded wrapper.
The TRON DAO report pointed to new integrations and services, including the ETF launch, as part of the network’s continued growth during the quarter.
Background: TRON’s role in the stablecoin economy
TRON has long been one of the main homes for USDT, the largest dollar stablecoin. USDD, the other stablecoin counted in the report’s supply figure, is part of the TRON ecosystem. Combined with USDT, it brought supply to the $93.88 billion level at quarter end.
Disclosure: This article was edited by Estefano Gomez. For more information on how we create and review content, see our Editorial Policy.
The new crypto Pepeto has announced it passed 44,000 holders, and most of them bought while the crypto market was low and people were afraid. Why? Because the big players who control crypto follow one rule they never say out loud: buy a coin before it lists, and buy when the crowd is scared. Then they tell everyone else to buy big coins. This article shows the game live: a crypto presale whales are quietly filling, fresh Trump news lifting the market, and a BNB price prediction that explains the timing.
BNB is here for one reason. This new crypto and BNB are both exchange tokens, the model that made BNB's first buyers millionaires. First the BNB price chart, then why it matters now.
New Crypto Pepeto Leads Every Presale as the BNB Price Prediction Reaches for $3,000
The announcement puts Pepeto ahead of every crypto presale in 2026, 44,000 holders and rising. It is an exchange token: a trading platform runs on the coin, so every trade needs it. BNB proves the model works. The BNB price today is $748.53 per TokenPost, up from $583 in August, with another boost on October 9 when President Trump said the U.S. would not attack Iran before the midterms. The market calmed, Bitcoin climbed back to $82,600, and traders betting on a drop got wiped out per CoinDesk.
Our BNB price prediction for this cycle is $3,000. The BNB price just cleared its summer range, and only two big levels remain, $857.96 and $1,000.73 per CoinGabbar. One trader on X called BNB "one breakout away from a parabolic move" with $3,000 as the target, and we agree, because once the BNB price passes $1,000, far more people buy.
But what does $3,000 mean for a normal investor? From $748, that is about 4x. Put in $5,000, get $20,000. Good, not life-changing. And that is the trick. Big players need millions of buyers to push big coins up, so the news keeps telling you BNB is the move, while 4x is all it can pay you.
Now look at how the first BNB buyers really got rich. They bought in 2017 at about $0.10, and by 2021 the BNB price hit $793, so $1,000 grew to nearly $8 million. BNB is worth about $100 billion today, so a price that small can never return, whatever any BNB price prediction says. The lesson is simple: insiders got rich buying early, and the crowd got the 4x later.
Inside the New Crypto Pepeto Presale as the BNB Price Prediction Builds the Case
So where is the next BNB at $0.10? Ask anyone in crypto and one name comes up: Pepeto. Pepeto is a new crypto still waiting for its first listing, and it sits here because it works like BNB, a coin with its own exchange, with one big extra: it is also a meme coin, still cheap enough to buy before any exchange carries it. That is why the excitement is so loud. More than 41,000 people have bought in, most while the market was down, and on-chain data shows whales among them, the same big players who tell the public to buy BNB. They know the biggest wins come from presales, and they are not waiting.
The meme coin part is the exciting one. Meme coins are the only crypto that keeps giving 100x returns, and PEPE is the newest proof: it launched in April 2023 with no product, and within weeks early buyers were up over 100x as it hit an $11 billion market cap, carried by nothing but a crowd that kept talking. Pepeto already has that crowd: crypto news sites cover it weekly, Telegram, X, and Reddit talk about it daily, and copy tokens steal its name.
The numbers show how big this new crypto gets. Pepeto's supply is 420 trillion tokens, and presale buyers get 30%. A $300 million market cap alone means close to 50x from today, and a run to PEPE's peak takes Pepeto far past 100x.
Final Word o
The answer is clear. The big players want you in big coins because your money pushes their price up, and even a bold $3,000 BNB price prediction pays you only 4x for the favor. Meanwhile they buy early, like those who made real money on BNB at $0.10. Big money in crypto was never made by buying what the news tells you to buy. It was made by buying what the whales buy, before the crowd hears about it.
Finding that early buy before the listing was always the hard part in crypto, and few presales give this much proof so early. A new crypto presale right before a Binance listing is the setup most investors hunt for all cycle and never find. That new crypto chance is still open on the official Pepeto website, but the space between presale and listing price shrinks daily.
For more information about Pepeto (PEPETO): Website: Official Pepeto Website
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