President Trump stated in August that the Commodity Futures Trading Commission (CFTC) is working to integrate the crypto platform Hyperliquid into the U.S. market in a compliant manner. Hyperliquid, known for its Layer-1 blockchain and decentralized platform, runs on-chain order books supporting both spot and perpetual-futures markets. Despite its current exclusion of U.S. persons, the CFTC’s involvement suggests efforts to channel Hyperliquid’s activities through regulated U.S. intermediaries. This development could indicate a significant step towards broader regulatory acceptance of novel crypto platforms in the U.S.
Key Takeaways
President Trump’s statement suggests the CFTC is facilitating Hyperliquid’s integration into the U.S. market within regulatory frameworks.
Pricing indicates potential increased confidence in Hyperliquid, with implications for its native asset, HYPE.
The initiative may reflect a broader regulatory trend towards accommodating innovative blockchain platforms under U.S. law.
What to Watch
Observers should monitor the CFTC’s actions regarding Hyperliquid’s integration, as regulatory approvals or delays could impact market perceptions. Developments in U.S. regulatory policy towards blockchain platforms could influence future market scenarios, especially if Hyperliquid gains significant approval or faces setbacks. Market reactions to any formal announcements from the CFTC or Hyperliquid itself will be crucial in assessing the long-term implications for the crypto market.
Hyperliquid wants into the US market. It just doesn’t want to be the one holding the license.
In an October 15, 2026 appearance on Bloomberg’s Odd Lots podcast, Hyperliquid Labs CEO and co-founder Jeff Yan sketched a regulatory model in which US oversight targets the financial firms that run markets on Hyperliquid’s Layer-1 blockchain. Under his proposal, the blockchain itself would sit outside exchange-level rules.
The internet analogy, applied to derivatives
Yan’s core argument leaned on a comparison to the internet. Nobody asks the protocols that move web traffic to register as a bank. The bank running a website on top of those protocols handles the compliance.
Hyperliquid, in Yan’s framing, is the plumbing. The licensed market operators building on it would be the ones answering to regulators.
Yan also pitched Hyperliquid as a partner to traditional finance rather than a rival. He described the goal as supplying core infrastructure that established firms can build on.
Washington is already paying attention
On August 19, 2026, President Trump said CFTC Chair Michael Selig was actively working to bring Hyperliquid into US markets in a fully legal way.
Hyperliquid had been preparing for this conversation well before Trump weighed in. In February 2026, the Hyperliquid Policy Center was funded with 1 million HYPE to engage with regulators including the CFTC and the SEC.
How HIP-3 makes the operator model work
Yan’s proposal isn’t purely theoretical. Hyperliquid already has a mechanism that separates the chain from the people running markets on it.
Under the HIP-3 framework, anyone who wants to deploy a market on Hyperliquid must stake 500,000 HYPE tokens for at least 183 days. The HIP-3 setup lets third parties stand up their own markets while the main Hyperliquid platform stays closed to US traders.
Kraken’s parent is already testing the idea
In September 2026, Payward, the parent company of Kraken, announced a partnership with Bitnomial and NinjaTrader Clearing to offer permissioned perpetual futures tied to Hyperliquid markets. Those products are aimed at eligible US clients, with users not getting direct access to the main Hyperliquid platform.
Payward’s structure is a working version of Yan’s pitch. Regulated US firms handle client onboarding, clearing, and permissions. Hyperliquid’s markets provide the underlying activity. The chain stays in the background.
What this means for Hyperliquid, regulators, and Wall Street
For regulators, Yan’s proposal offers a familiar shape. The CFTC already knows how to supervise clearing firms, futures commission merchants, and exchanges. Asking it to supervise the companies plugging into Hyperliquid, rather than a decentralized blockchain, keeps the agency inside its comfort zone.
HYPE holders have a specific reason to watch. Every HIP-3 deployer has to lock up 500,000 HYPE for at least 183 days, so a wave of new market operators would mean more tokens committed to staking.
Yan’s framework is a proposal, not policy. The CFTC has not formally adopted it, and the SEC’s view on where Hyperliquid fits remains a separate variable.
What to watch next: any formal guidance from Selig’s CFTC on how it will treat platforms like Hyperliquid, whether additional US brokers or clearing firms copy the Payward model, and how the Hyperliquid Policy Center uses its 1 million HYPE war chest in conversations with the CFTC and SEC.
Disclosure: This article was edited by John Chen. For more information on how we create and review content, see our Editorial Policy.
Decentralized trading platform Hyperliquid is set to deepen its presence in traditional asset markets after EQX Labs announced plans to introduce a suite of tokenized US stocks and exchange-traded funds.
The offering, scheduled to go live soon on Hyperliquid’s HyperCore infrastructure, will enable continuous, round-the-clock trading of these instruments as native HIP-1 tokens against the USDC stablecoin on the venue’s public order book.
EQX Labs detailed its initial lineup of eleven markets, covering major individual names such as Apple, Nvidia, Microsoft, Amazon, Alphabet, Meta Platforms, Tesla, Micron Technology, and SpaceX, along with products tracking the S&P 500 and Nasdaq 100 via the SPDR S&P 500 ETF and Invesco QQQ Trust.
These will trade under dedicated tickers including EQSPY, EQQQQ, EQNVDA, and EQSPCX.
Eligible participants can place orders directly on the order book without intermediary brokerage layers, with on-chain settlement completing in less than one second.
The design centers on a one-to-one backing structure.
Each token corresponds to shares of the referenced company or fund held in custody accounts in the name of the issuer at Depository Trust Company-connected firms, specifically Alpaca Securities, StoneX Financial, and Clear Street.
Daily reconciliations are planned so that market participants can verify the underlying holdings.
Shares in the process of settlement from authorized participants are tracked separately and expected to clear by the following US business day.
https://t.co/CMSApltjRC
— EQX Labs (@eqxlabs) October 14, 2026
The tokens themselves are structured as share-backed, limited-recourse notes issued by EQX SPC Ltd., a British Virgin Islands segregated portfolio company.
The EQX STAR Trust owns the issuer, a Cayman Islands purpose trust with independent governance, while EQX Labs provides technology services under a contract rather than serving as the issuer.
Economic features include automatic reinvestment of dividends into additional shares of the same security after applicable withholding taxes, with stock splits reflected in the backing.
Holders may also submit voting instructions through wallet signatures. Importantly, the issuer adds no fees for creation, redemption, or holding of the tokens and takes no portion of dividend proceeds.
Revenue for the project instead derives from a share of Hyperliquid’s standard spot trading fees.
Creation and redemption are restricted to authorized participants and occur in kind at zero issuer cost, supporting tighter arbitrage between the tokens and the underlying shares during US market hours.
The structure deliberately prioritizes transparency and cost efficiency relative to many prior tokenized equity products, aiming to position Hyperliquid as a competitive venue for price discovery in US equities over time.
Tokens can also serve broader purposes within the ecosystem, such as collateral for lending or vault strategies.
However, important distinctions remain: holders receive economic exposure through a debt instrument rather than direct equity ownership or shareholder rights against the underlying companies, and redemption in kind is available only to eligible institutional participants.
Access is restricted; the products are not offered to US persons, individuals located in the United States, residents of the British Virgin Islands, or sanctioned persons.
Trading has not yet commenced, and no precise launch date has been provided.
The initiative joins existing tokenized equity activity on Hyperliquid from other issuers, further extending the platform beyond crypto-native assets while leveraging its high-throughput order book and integration with both spot and perpetual markets.
02 · The pet reads it back When you buy something online, you rarely think about Stripe. The shop shows you what you want, you tap pay, and Stripe handles everything in between: it checks the card, moves the money and keeps a record of the payment. Most people never see it. They only notice that paying works.
Your data should work the same way. Today we are releasing the new Vana App, built on that idea. It sits behind the apps you use. When one of them asks for some of your data, the Vana App shows you exactly what it is asking for and lets you decide. If you say yes, your data moves to that app with your permission, and the move is recorded.
The quickest way to see it is OpenPet, an app built by a team in the Vana Builder League. It takes about a minute, and it shows the whole flow from start to finish.
Data is more useful when it can move Your data sits in the services where you created it. Your sleep is in your ring's app. Your listening history is in your music app. Your spending is with your bank. Locked in those places, it does very little for you. The app that could do the most with it is usually a different app, built by someone else, with no way to reach it.
That is the problem Vana was built for. A person's data should be able to move to the app they choose, under their permission, with a record of what they agreed to. Vana is the open network it moves on, and it is already in use.
100+
1.5M
20M+
The new Vana App is how that works in your hands. Its job is to carry your data to the apps you choose, ask you first every time, and keep the record. The apps get to spend their time on what they are good at.
Why the app sits behind other apps Stripe became part of the internet's plumbing because every shop needed a checkout and almost none wanted to build one. A shop that uses Stripe gets to spend its time on what it sells.
Apps that want to use personal data face a harder version of the same problem. They have to connect to the services where the data lives, ask the person for permission, store the data safely, and let the person take it back. When every app builds that alone, every app does it slightly differently, and the person ends up with a different set of settings everywhere they go.
With Vana, a builder asks for the data and the Vana App handles the rest. The person sees the same permission screen wherever they go and has one place to see what they have shared and take it back. The builder gets data they could never collect on their own, with a record of what the person agreed to.
What happens when an app asks for your data Here is the flow as it runs in OpenPet.
You tap Connect in the app.
The Vana App opens and asks you to approve the request. It names the app asking (OpenPet), the source (your Oura Ring) and exactly what it wants (sleep, readiness and activity). Nothing moves until you approve.
You approve.
Your data is saved to your own Personal Server and passed to OpenPet with your permission. The permission is recorded.
You can take it back at any time.
That is recorded too.
That is the whole thing: one request, one decision, one record.
See it work in OpenPet OpenPet was built by a team in the Vana Builder League. Connect your sleep, readiness and activity data from an Oura Ring, and OpenPet turns it into a pet that reads your data back to you: your latest sleep score, your longest run of good sleep, the night your readiness dipped.
Your Oura Ring data is downloaded and saved to your own Personal Server before it reaches OpenPet.
The pet reads it back: “Your longest run of good sleep was 15 nights, ending 26 July.” It is a playful app on purpose. It shows that the data you already create can come back to you as something you enjoy, on your terms. The same flow works for any app built on Vana.
Your XP carries on The Vana community programme now lives at community.vana.org. Log in to see your XP and earn more. Your XP comes with you, and unclaimed XP does not expire.
This week, trying OpenPet earns 50 XP, and posting about OpenPet on X earns another 50 XP.
What this means Stripe earns a small fee each time a payment goes through. Since the Vega upgrade, the Vana network works the same way: it earns every time one person's data moves. Someone moves their data to an app. The app reads it. The network earns.
For you, it means the data you create can finally do something for you, and you stay in charge of where it goes. For builders, it means you can build on real data from real people without building permission, storage and records yourself.
Vana brings your data home. This week you can watch it happen.
Michael Saylor, executive chairman of Strategy and a strong advocate of Bitcoin, has responded to the latest study on the preferred types of money for artificial intelligence models. The crypto leader has strengthened his belief that Bitcoin (BTC) is the ideal savings tool.
"Smart money saves in Bitcoin," Saylor said on X after the latest quarterly update on the research project "Money for AI".
According to reports, the Q3 update to the research extends the initial project by adding 13 more AI models. In this new research, the 13 new AI models are tested in four financial activities: saving for the future, paying, pricing/account keeping, and transaction settlement.
HOT Stories
The study aims to find out what monetary tools the AI models would prefer if they acted as autonomous economic agents instead of being controlled by human beings.
Bitcoin's advantage in savings for AI modelsThe initial study from the Bitcoin Policy Institute in March covered 36 AI models and 9,072 scenarios with money.
The results showed a notable preference for Bitcoin in retaining wealth in the long term.
In particular, the choice of Bitcoin as the best option for preserving wealth shows a significant result of 79.1% compared to stablecoins, fiat money, and other cryptocurrencies.
You Might Also Like
Bitcoin showed the most preferred monetary tool across four financial activities at 48.3% of responses.
On the other hand, stablecoins are the most preferred payment tool with 53.2% of responses compared to 36% for Bitcoin.
A follow-up study with nine new models showed a similar pattern of results. Bitcoin holds 75.8% for the savings option, while stablecoins remain strong for payments.
The results show that the AI models can differentiate between value-preserving assets and transactional assets.
Public companies now hold approximately 1.29 million BTC across nearly 200 corporate balance sheets as of October 2026. For much of the past two years, the prevailing treasury strategy focused on accumulating Bitcoin and maintaining holdings in custody. That model is beginning to evolve. New Bitcoin collateral infrastructure, including Sui’s Hashi network, is preparing to launch this month, offering institutional access to Bitcoin collateral markets with more than $500 million in announced capital commitments. Meanwhile, Nasdaq listed Zhibao Technology announced a strategic collaboration with Bedrock on October 12 to explore deploying part of its 2,380 BTC treasury into onchain infrastructure, with institutional custody and compliance considerations forming part of the proposed framework.
Each of these structures has to answer the question a treasury manager will be asked by their board: who controls the Bitcoin once it leaves custody to work onchain. Deploying into DeFi has usually meant transferring it to an intermediary that holds it on the institution's behalf, and that transfer is where most of the counterparty risk in the trade sits.
In short: Institutions can deploy Bitcoin into DeFi without a centralized custodian by separating the Bitcoin from the instrument that moves onchain. The Bitcoin stays reserved in its own UTXO under threshold cryptography, while a 1:1 claim such as tBTC is deployed in its place. Redemption rights stay with an account the institution already controls, and anyone running a Bitcoin node can verify the reserve.Onchain Bitcoin Is Mostly Being Borrowed AgainstA snapshot of the tBTC contract on Ethereum at block 26,141,569 counts 4,152.96 tBTC on the network. Roughly 48% of it sits in Bitcoin-backed lending markets, which makes credit the largest single use of the asset.
Across the network, the supply splits into four uses:
Lending markets, about 48%. Aave alone holds 41.5% of all tBTC on Ethereum, roughly 1,725 tBTC, and three smaller lending markets add a further 6.1%.Outside the listed protocols, 32.7%. This is tBTC the snapshot does not attribute to any of the integrated venues it tracks.Ethereum layer 2 networks, 10.5%. tBTC bridged onward to networks built on Ethereum.DEX liquidity, 8.1%. tBTC supplied to trading pools.Holders are mostly posting Bitcoin as collateral and borrowing against it. Deploying Bitcoin into DeFi is in practice a financing decision, so the party a treasury has to evaluate is the market it borrows from.In a Lending Market, the Counterparty Is a RulebookA centralized lending desk sets its terms by contract and decides how it treats collateral on its own. When several such desks failed in 2022, one large lender's terms had treated deposited assets as loans to the platform, and its bankruptcy filing showed roughly $4.7 billion owed to users.
An onchain lending market publishes its terms as code instead. The two models differ on the points a risk committee checks first:
Centralized Desk vs Onchain Market | Threshold NetworkThe onchain model takes the discretionary custodian out of the financing trade, though venue risk stays. That risk attaches to whatever asset is posted as collateral, so the structure of the collateral decides how far it travels:
Bitcoin posted directly. Every venue event, from a liquidation to a contract failure, reaches the treasury's reserve.A 1:1 claim posted against reserved Bitcoin. Liquidations and venue failures affecting the claim do not reach the reserved coins.Depth Is the Constraint Institutions Will Hit FirstThe same snapshot shows how concentrated onchain Bitcoin credit is. One market holds about 87% of the tBTC sitting in listed lending venues, so a treasury deploying today would in practice be taking that market's code and governance as its main venue exposure.
Size raises a second question. Public companies hold about 1.29 million BTC, and 1% of that, roughly 12,850 BTC, is more than three times the 4,153 tBTC currently on Ethereum. A treasury deploying a quarter of a 2,380 BTC reserve would add about 595 BTC, around 14% of today's Ethereum tBTC supply.
Those numbers set the diligence questions a treasury manager should ask before choosing a venue:
Capacity. Can the target market's supply caps absorb the position?Share. What portion of the market would the position represent once it is in place?Exit. How long would the position take to unwind through that market's liquidity under stress?Governance. Who can change the market's parameters while the position is open, and with how much notice?Keeping the Reserve Out of the VenueVerifiable Bitcoin Accounts are Threshold's structure for separating the reserve from the venue. The Bitcoin stays in the institution's existing custody arrangement in its own reserved output, and only tBTC minted against it goes to a lending market; the mechanics are set out in the launch post and mapped against a full custody review in Who Controls the Bitcoin?
For the financing decision, the useful property is that venue selection and custody stop being the same choice. A treasury can size its tBTC position to what a market can absorb while the reserve behind it stays where its auditors already expect to find it. That matches how institutions say they want to operate, with 53% of respondents in the 2026 EY-Parthenon and Coinbase survey preferring a traditional finance platform with crypto capabilities that keeps digital assets inside existing portfolio and risk processes.
Where This StandsStatus: pre-deployment. Verifiable Bitcoin Accounts are not live yet, and the first live position depends on steps governed by the protocol. Treasury teams evaluating the model now can review the architecture and legal structure ahead of launch through the diligence pack, which is led by a custody-and-control brief that cites the code behind each claim and is available to qualified institutional participants on request. Request the Diligence Pack
Frequently Asked QuestionsCan an institution use Bitcoin in DeFi while keeping its existing custodian?
Yes. A Verifiable Bitcoin Account is funded with one Bitcoin transaction and operated from an Ethereum account within the institution's current custody stack, so the existing custodian relationship stays in place.
How is tBTC different from custodial wrapped Bitcoin?
Custodial wrapped Bitcoin relies on a single issuer holding a pooled reserve. tBTC is minted against Bitcoin secured by a 51-of-100 threshold signer set. With Verifiable Bitcoin Accounts. the coin sits in segregated accounts within the BTC network.
Is the reserved Bitcoin ever lent or rehypothecated?
With Verifiable Bitcoin Account, the reserved Bitcoin is excluded from lending and pledging by design. The protocol and its signers reject any attempt to combine a position's UTXO with any other funds.
How does a treasury or audit team verify a position?
Each position can be located directly from its Bitcoin outpoint. Every movement is a single-input, single-output transaction, so any Bitcoin node can reconstruct the full lineage back to the original deposit.Are Verifiable Bitcoin Accounts live?
They are pre-deployment, and the first live position depends on protocol governance steps. Qualified institutions can request the diligence pack ahead of launch.Check other Bitcoin Markets available onchain
Bitcoin production has fallen to 529 BTC at CleanSpark and 167 BTC at BitFuFu in September, while Canaan has maintained output at 44 BTC, according to the companies’ operational updates.
Summary
CleanSpark’s production fell nearly 11%, while its Bitcoin holdings dropped to 13,530 BTC. BitFuFu reported lower cloud mining output despite an increase in its self-mining production. CleanSpark will replace monthly mining updates with quarterly reporting as its data center business expands. Canaan maintained production at 44 BTC and brought its Nordic heating project fully online. CleanSpark, BitFuFu and Canaan reported different treasury movements alongside their September production figures: CleanSpark’s holdings declined, while the other two companies added Bitcoin to their balances.
According to their updates, CleanSpark held 13,530 BTC at month-end, compared with 13,703 BTC in August. BitFuFu’s balance rose to 1,388 BTC from 1,373 BTC, while Canaan’s holdings increased to 1,875 BTC from 1,868 BTC.
CleanSpark’s Bitcoin sales exceed September production In its September operational update, CleanSpark reported production of 529 BTC, down from 593 BTC in August, reversing the previous month’s modest increase.
The company disclosed sales of 2 BTC on spot markets and deliveries of another 700 BTC through call option exercises. CleanSpark reported an average sale price of $72,928 per Bitcoin for the transactions.
With 702 BTC sold or delivered against 529 BTC mined, the company’s disclosed transactions exceeded production by 173 BTC. Its month-end treasury declined by the same amount, according to the operational figures.
Alongside the production report, CleanSpark said it would discontinue monthly mining updates and publish the figures quarterly instead. The reporting change accompanies its expansion into data centers, including the Sandersville campus in Georgia.
For investors following the company through its Nasdaq-listed CLSK shares, the announcement changes how frequently CleanSpark will publish its mining performance and Bitcoin treasury figures.
In the Thursday trading snapshot cited by The Block, CLSK traded at $8.76, leaving the shares down more than 24% since the start of the year.
CleanSpark finances its Georgia data center expansion For its Sandersville construction, CleanSpark announced last week that it had closed a $2.276 billion senior secured notes offering, according to the financing report cited in the original coverage.
Earlier, crypto.news reported that the company had proposed secured notes worth $2.227 billion on Sep. 17. Under that proposal, subsidiary CSDC Finance I LLC would issue the debt, with the notes due in 2031.
The September announcement said proceeds would fund construction, reimburse certain earlier equity investments and establish debt-service reserves. CleanSpark also said the proposed notes would carry a first-priority lien over most assets belonging to the issuer and the Sandersville property company.
Under the proposed terms, the notes carried no right to convert into CleanSpark common shares.
The underlying customer agreement predates the financing. In coverage published on Aug. 7, the company’s Georgia data center lease covered 175 megawatts over 20 years, with an undisclosed investment-grade technology company as the customer.
CleanSpark estimated $6.6 billion in contracted revenue over the initial lease term. In the same earnings release, it reported a $239 million quarterly net loss and revenue of $138 million, down 30.5% from a year earlier.
BitFuFu’s cloud mining decline offsets self-mining gains According to BitFuFu’s Oct. 13 update, September production fell 4% to 167 BTC from 174 BTC, although average daily output remained unchanged at 5.6 BTC.
Within that total, self-mining generated 98 BTC, up more than 11% from August’s 88 BTC. Cloud mining production fell to 69 BTC from 86 BTC, a decline of nearly 20%.
The company also disclosed uncertainty over its proposed purchase of a majority stake in an Ethiopian business operating an 80 MW mining facility.
Under the agreement, BitFuFu had paid sellers $4.1 million and deployed about 13,700 Bitmain Antminer S19-series machines. The company said the acquisition had not closed because required conditions remained unsatisfied.
According to its disclosure, the target company’s electricity supplier issued a notice on Sep. 28 threatening to take possession of collateralized equipment and assets unless it received a disputed payment within 10 days.
BitFuFu said it was assessing termination, arbitration, recovery of payments and the return of its machines. The company identified a material risk that the acquisition might not close.
Separately, Sep. 16 coverage documented Ethiopia’s cuts to mining power. Ethiopian Electric Power CEO Ashebir Balcha said electricity deliveries to miners had fallen to 23% of contracted amounts after earlier reductions.
The Block’s Thursday snapshot put FUFU shares at $1.27, down more than 54% year to date.
Canaan maintains output and brings heating project online In its Oct. 15 release, Canaan reported 44 BTC mined in September, matching August and ending three consecutive monthly declines.
For its energy projects, chairman and CEO Nangeng Zhang said:
“Our 8 MW Nordic district heating project is now fully operational, delivering recovered computing heat to approximately 2,800 homes.”
In Canada, Zhang said a greenhouse heat-recovery project was approaching planned deployment, subject to site inspections.
The company’s release also disclosed a direct use of its digital assets for shareholders in its U.S.-listed securities. By Oct. 15, Canaan said it had converted 3,952 ETH and 54.5 BTC into approximately $13.9 million in cash under a treasury-funded repurchase initiative.
According to the update, Canaan spent $5.4 million buying back 13.6 million American depositary shares in late August, bringing year-to-date repurchases to approximately 16.4 million ADSs.
The Bank of Russia announced that peer-to-peer cryptocurrency trading between individuals will remain legal until July 1, 2027, after which such transactions will be prohibited under a newly enacted law. This development was confirmed in an official FAQ published on October 12 as the regulator clarified updated rules for digital currency operations in the country.
Law restricts direct crypto tradesThe framework is outlined in Federal Law No. 282-FZ, “On Digital Currencies and Digital Rights,” which President Vladimir Putin signed on August 4. The law took effect in September, and Article 30 specifies the types of crypto transactions permitted without a licensed intermediary. Beginning July 2027, direct trades between private individuals will no longer be allowed.
Instead, crypto trading must take place through or directly with companies authorized to “organize the circulation” of digital currencies. These organizations include brokers licensed by the Bank of Russia and crypto exchanges registered in the central bank’s official registry.
The Bank of Russia also confirmed that individuals are not permitted to transfer crypto from digital accounts to their own non-custodial wallets or send assets to another person through addresses maintained by digital depositories. These companies are licensed to record ownership of coins, but using their infrastructure for person-to-person trades or transfers remains off-limits.
Stablecoin access and peer-to-peer model targetedThe regulations target the standard peer-to-peer model that has become popular since Binance exited the Russian market in 2023 by selling its operations to CommEX. Many residents have used this approach to obtain stablecoins such as USDT, transferring rubles to sellers’ bank accounts in exchange for digital tokens. This method will be expressly prohibited from July 2027.
Crypto exchange organizations must be Russian companies with at least 15 million rubles in equity and must appear in the central bank’s registry. However, these businesses can continue operating without registration until July 1, 2027.
Lending crypto is also tightly regulated; only licensed brokers, trustees, exchange operators, and clearing houses are authorized to issue crypto loans. Ordinary users will not be able to lend or borrow crypto directly between each other.
Limits on investor activity and foreign platform fundingThe Bank of Russia’s guidelines also introduce strict limits on non-qualified investors. These individuals must pass a test and can purchase up to 300,000 rubles (about $3,600) of digital assets annually. Qualified investors are not subject to these restrictions. For non-qualified investors, only Bitcoin, Ethereum, and USDT are authorized for purchase.
Starting in July 2027, Russian banks will also be required to block clients from funding crypto wallets on foreign platforms and refuse to process ruble withdrawals from those services. Legal experts note that these requirements will make accessing international exchanges significantly more difficult for ordinary users.
Russian banks enter crypto exchange marketOn October 12, Sberbank, Russia’s largest lender, joined the registry of approved crypto exchange organizations and plans to introduce its first crypto products by December 1. VTB and T-Invest Lab are also registered to provide authorized crypto services in accordance with the new regulations.
The law maintains a domestic ban on spending crypto for goods and services but allows digital currencies to be used for foreign trade settlements. Kaplan Panesh, deputy chair of the Duma’s budget committee, openly characterized this as a mechanism to bypass international sanctions when the bill went through parliamentary review earlier this year.
From July 1, 2027, peer-to-peer deals—where two people swap rubles for coins without a regulated middleman—will no longer be legal, the Bank of Russia confirmed this week.
With shifting regulations and narrowing pathways for direct trading, investors are increasingly looking for tools to optimize their crypto activities. In a market where a single Fed decision or an unexpected altcoin listing can trigger sharp movements within seconds, continuously switching between different applications for charts, news, and portfolio management can lead to missed opportunities. Many traders now use privacy-focused solutions such as CryptoAppsy, which provide real-time charts, instant price alerts, coin-specific news, and key macroeconomic data in a single interface—without the need to sign up for an account.
Crypto News: Pepeto Announced Its Raise Right as the Bitcoin Price Prediction Hit $175,000. Bitcoin trades at $80,850 per CryptoTimes, holding $80,000 through a hot inflation print after a 40% climb off its $58,000 summer low. That strength resets what analysts dare to say, and the newest Bitcoin price prediction landed on October 15: Brian Vieten of...
DUBAI, United Arab Emirates, Oct. 16, 2026 (GLOBE NEWSWIRE) -- Pepeto has announced that its raise passed $11.231 million, the loudest number yet from the viral new crypto, and the live stage is close to running out. Presale watchers see Pepeto across every crypto news feed, buyers keep arriving daily, and a figure this size tells its own story: the money inside this project believes it found the next Shiba Inu, and wallets this smart rarely crowd one door without reason. Every stage before this one sold out ahead of schedule, and this one is tracking the same way, right as the market hunts its best crypto to buy now and the newest Bitcoin price prediction lands on a giant target, two facts that explain each other.
Crypto News: Pepeto Announced Its Raise Right as the Bitcoin Price Prediction Hit $175,000
Pepeto announced its raise the same week the Bitcoin price proved its floor. Bitcoin trades at $80,850 per CryptoTimes, holding $80,000 through a hot inflation print after a 40% climb off its $58,000 summer low. That strength resets what analysts dare to say, and the newest Bitcoin price prediction landed on October 15: Brian Vieten of Nasdaq-listed Siebert Financial maps $175,000, a 117% move, laid out on Coinpaper.
Can the Bitcoin price really get there? We ran the target through three checks. Ownership changed: banks now take Bitcoin ETF shares as collateral, so holders borrow instead of selling, which pulls supply away. The floor changed: rebounding 40% then holding $80,000 on bad inflation news is base-building, not topping. And the fuel grows: money supply and wallet adoption are the inputs Vieten's model runs on. All three agree: bull cycle in motion.
Still, the honest math stays honest: even this Bitcoin price prediction is barely a 2x on an asset worth $1.6 trillion, a solid year for million-dollar wallets, while $5,000 becomes roughly $10,800 at best. When the largest coin can only double, the life-changing wins start smaller, and every cycle names the same place, early presales free of giant market caps, the road back to the raise above.
Pepeto's $11.231M Raise Rests on a Working AI DeFi Exchange While the Bitcoin Price Holds
Pepeto has announced $11.231 million raised, the figure behind its rank as 2026's top early entry. Rewind one cycle: everyone knows somebody who slid a little into Shiba Inu and banked returns no large cap could print, then remembers waiting. That moment is repeating, still early. Across X, Telegram, Reddit, and the crypto news feeds, Pepeto talk multiplies with zero paid promotion, whales spotted the pattern first, and $11.231 million already sits inside.
What that money bought is bigger than the meme: underneath runs a full trading platform, zero-fee swaps, an AI layer checking every contract, reach spanning Ethereum, BNB Chain, and Solana, launch usage rewarding the earliest wallets, all SolidProof-signed before a single token moved. A former Binance executive plants the hype on solid ground.
One comparison closes the case: Shiba Inu built fortunes while shipping zero products, and Pepeto carries equal viral heat with a live exchange underneath, so the real question is not whether it matches SHIB, but why it would do less.
Conclusion
Pepeto has announced the largest figure in its history while daily crypto news backs the bull cycle, and even a $175,000 Bitcoin price prediction draws the ceiling: Bitcoin made its millionaires when a coin cost a few hundred dollars, and at $80,850 on a $1.6 trillion valuation that story has no room to repeat, so the next millionaires get made somewhere smaller and earlier.
Every data point above reads this new crypto as solid, the virality as real, whale capital keeps arriving, the kind that never moves without double-checking.
A few hours of hesitation locked thousands out of Shiba Inu: the moment the Binance headline dropped, that price stopped existing, and whoever moved banked returns the market still retells. That same setup sits open today at presale pricing, before listing. So on any best crypto to buy now list, large caps like Bitcoin earn a spot for a strong year, but the life-changing slot belongs to a project like Pepeto.
PEPETO is sold only via the Official Pepeto Website.
FAQs
How big is the newest Bitcoin price prediction for 2026?
The newest Bitcoin price prediction comes from Siebert Financial's Brian Vieten, who on October 15, 2026 mapped Bitcoin above $175,000, a 117% gain, per Coinpaper. The Bitcoin price sits near $80,850 after holding the $80,000 floor through hot inflation data, per CryptoTimes.
Why is Pepeto named the best crypto to buy now in crypto news?
Pepeto tops best crypto to buy now lists because this new crypto passed $11.231 million with its stage nearing sellout, with a SolidProof audit and a zero-fee exchange built. Shiba Inu paid those who entered ahead of its Binance headline, and that pre-listing door is where Pepeto stands today.
Disclaimer: The information provided in this press release is not a solicitation for investment, nor is it intended as investment advice, financial advice, or trading advice. Investing involves risk, including the potential loss of capital. It is strongly recommended you practice due diligence, including consultation with a professional financial advisor, before investing in or trading cryptocurrency and securities. Neither the media platform nor the publisher shall be held responsible for any fraudulent activities, misrepresentations, or financial losses arising from the content of this press release.
A hacker operating a widespread “task scam” scheme has lost approximately 60 Bitcoins, valued at around $4.8 million, as a result of the recent Ledger hardware wallet hack. The stolen amount highlights both the scale and reach of the security breach affecting the crypto hardware wallet sector.
Scammer among major victims in hardware wallet exploitChainalysis, a blockchain analytics company, reported that the scam operator initially transferred illicitly acquired Bitcoin into three separate Ledger wallets on September 22. On October 9, these funds were consolidated and sent to a wallet previously linked to stolen assets.
Despite the significant loss to the scammer, there is currently no indication that the original victims of his scheme have recovered their funds.
Task scams often involve building trust with small payouts before pressuring individuals to deposit additional money under false pretenses such as a “negative balance.”
How task scams target individualsThe accused operator organized fake jobs and paid participants to carry out fabricated sales and reviews. After a period of building trust, victims were informed of an alleged negative balance and were persuaded to deposit their own money to receive promised payouts.
In 2024, the US Federal Trade Commission (FTC) described similar fraudulent schemes where small online tasks create the illusion of legitimate employment. The FTC estimated that about 20,000 reports concerning task scams had been filed in the first half of 2024, with overall job scam losses surpassing $220 million.
Tampered Ledger devices and method of attackAccording to a statement from Ledger, the perpetrators purchased genuine hardware wallet devices, implanted malicious components within them, and then reintroduced the tampered products into Southeast Asian distributor channels. These modifications enabled the collection of 24-word recovery phrases during device setup, giving attackers remote access to affected wallets.
Ledger maintains that its systems remain secure and has instructed authorized sellers to cease displaying devices openly, supplying them only at the time of purchase.
Mini dictionary: Ledger is a French company specializing in cryptocurrency hardware wallets, widely used for the self-custody of digital assets.
Damage assessment and expanding industry responseWhile Ledger has not provided an official loss total, Bitquery, a blockchain analytics firm, estimated that around $102 million was stolen from 324 wallets spread across six blockchains: TRON, Bitcoin, Ethereum, Solana, BNB Chain, and Polygon. This figure increased from a prior estimate of $86 million.
Bitquery identified CryptoBilis, a hardware wallet reseller operating in Indonesia, Malaysia, and the Philippines, as an origin point for the affected devices. Stolen funds showed coordinated movement, including $10 million in USDT that Tether subsequently froze. Further portions of the assets were traced through protocols such as Tornado Cash and THORChain.
BlockchainEstimated Stolen FundsNotable ActionsBitcoin~$60 millionLinked to task scammer lossEthereumn/aFunds moved via mixersTRONn/aIncluded in total loss countSolanan/aPart of affected walletsBNB Chainn/aPart of affected walletsPolygonn/aPart of affected walletsMini dictionary: Tornado Cash and THORChain are decentralized protocols that enable the mixing or swapping of cryptocurrencies, often used to obfuscate the origin and movement of digital assets.
Growing industry concerns and countermeasuresThe Ledger incident has intensified concerns regarding cryptocurrency security and the vulnerability of hardware wallet supply chains. TRM Labs reported 207 crypto attacks during the first half of 2026, with $972 million in losses. Notably, while infrastructure and operational breaches made up 15% of attacks, they accounted for 76% of overall losses.
Although the recent Ledger theft has captured industry attention, researchers have not identified a significant impact on overall cryptocurrency market prices.
Chainalysis observed that despite several high-profile thefts, on-chain economic activity decreased only 1.6% during a period when the broader crypto market capitalization dropped by about half, though these statistics predate the Ledger hack.
In response to ongoing threats, hardware wallet manufacturers and resellers are adjusting their security policies. Trezor, a leading hardware wallet provider, announced the termination of some reseller authorizations effective January 1, 2027. OneKey, another wallet producer, ended its relationship with CryptoBilis. Industry sources indicate that these measures aim to address supply chain weaknesses but restoring full trust in self-custody solutions remains a challenge.
Major irony alert as scammer falls victim to Ledger supply chain attackLedger was forced to suspend its reseller network across South East Asia this week, after thieves stole more than $103.4 million from 530 addresses via tampered Ledgers inserted into the supply chain. But in a small measure of poetic justice, one of the “victims” was a scammer themselves according to Chainalysis.
The blockchain monitoring firm reports that the scammer lost 60 Bitcoin, worth about $4.8 million, from three newly purchased Ledgers containing spyware that records seed phrases. The Ledger thieves drained all three of their funds into the same wallet.
In a further irony, the scammer had operated a “task scam” where people were paid to fake sales and reviews of real items. So depending on how much they knew, their victims in turn may not have been entirely honest either. “Then a ‘negative balance’ appeared, and they were told to add their own money in order to get paid,” Chainalysis reports. So it’s possible that a scammer of scammers has just got scammed. In crypto it’s sometimes turtles all the way down.
Despite reports of tampered Ledgers showing up in Europe forcing electronics retailer MediaMarkt to suspend sales, Ledger insists that all of the confirmed thefts to date are from Asia. It has asked resellers in Indonesia, Singapore, Thailand, the Philippines, Vietnam, Malaysia and Hong Kong to remove Ledgers from sale. Trezor too, has decided to shutter some of the more far flung resellers in its network from Jan.1, as it can’t guarantee it can perform the same level of vigilance as it performs on resellers closer to home. There are no reports of tampered Trezors however.
In the midst of the worst hardware wallet scandal since the Coldcard seed phrase debacle at the end of July, Ledger decided it was the ideal moment to launch its latest device. Called Atom, the $849 device combines a crypto wallet with Android apps, which are kept separated from sensitive wallet operations. The device includes protections Ledger says would block the implants used in the Asian thefts and claims it can detect tampering even when switched off.
A first look at Ledger Atom. Source: Ledger
SOUTH KOREA
South Korea moves to block 27 overseas crypto exchangesSouth Korean authorities have approved measures to block domestic access to 27 websites operated by unregistered crypto exchanges and other virtual asset service providers, including KuCoin, MEXC, Phemex and Bitrue.
The Financial Intelligence Unit (FIU) said in a statement: “With this decision, blocking measures against illegal virtual asset operators will also apply to internet websites, following apps such as those on Apple and Google,” the FIU said, according to a translation.
The list also includes CoinW, BTCC, BitMart, BingX, DigiFinex and others.
South Korea plans cybersecurity overhaul after attacks hit banks, crypto firmsSouth Korea will tighten cybersecurity requirements for financial institutions after an investigation into earlier security incidents involving 16 companies including crypto exchanges found some big holes.
The Financial Services Commission said it would pursue improved threat monitoring, more frequent security assessments and stronger accountability for executives after an industry-wide review found cybersecurity deficiencies at 130 of 555 financial companies.
South Korean bank launches Bitcoin-backed business loans: ReportJeonbuk Bank reportedly began offering Bitcoin-backed loans to corporate customers, with a third-party custodian holding the cryptocurrency used as collateral.
THAILAND
Thailand’s Bitcoin, Ether ETFs launch tradingThailand’s Securities and Exchange Commission has finalized rules that go into effect Friday allowing crypto exchange-traded funds (ETFs) to list on Thailand’s main stock exchange.
Kicking off with Bitcoin and Ether ETFs, the products must list exclusively on the Stock Exchange of Thailand. Products linked to foreign crypto ETFs will not be permitted initially, and Thai brokers are barred from facilitating investments in overseas crypto ETFs for anyone except institutions and ultra-high-net-worth individuals.
However, James Butterfill, head of research at digital asset investment firm CoinShares, told Cointelegraph not to get too excited.
“I would expect modest inflows initially, with tens of millions of US dollars across the first products a more realistic starting expectation than billions,” he said.
AUSTRALIA
Australia seeks feedback on crypto platform rules ahead of 2027 rolloutAustralia’s securities regulator opened consultation Thursday on proposed capital, custody and trading requirements for crypto platforms, as it prepares to implement legislation passed in April that expands oversight of the industry.
The proposals include three alternative capital models, restrictions on platforms trading for their own account and quarterly reporting of wallets holding customer assets. ASIC also proposes allowing offshore custody while seeking feedback on safeguards if an overseas parent or related company fails.
The Australian Securities and Investments Commission (ASIC) also proposed expanding the rules for contracts for difference (CFDs) to crypto. CFDs let traders bet on price movements without owning the underlying asset.
CHINA
Chinese fraud victims lose key court battle over 61,000 BitcoinChinese fraud victims seeking to recover 61,000 Bitcoin seized by the British government have lost a key legal battle after London’s High Court ruled that Chinese law, rather than English law, should govern claims to the assets.
“The relevant damage occurred in China. The Applicants parted with their money in China,” Justice Mark Turner wrote. “The contractual relationships thereby induced were entered into in China.”
The dispute stems from an investment fraud scheme orchestrated by Zhimin Qian between 2014 and 2017, with British authorities seizing the assets during a money-laundering investigation. The claimants will appeal the ruling in British courts.
THE PHILIPPINES
Coins.ph says it still has a Philippine central bank license intact despite reportsCoins.ph said it is still licensed by the country’s central bank despite reports that it could face license revocation over alleged transactions involving restricted offshore gambling operators.
Coins.ph is one of the largest crypto exchanges in the Philippines, and the reported license risk follows restrictions imposed by the central bank on some incoming transfers involving DCPay Philippines which operates Coins.ph’s peso e-wallet services.
“Coins.ph firmly denies any claim that it knowingly serves offshore gaming or gambling operators,” the company said. “Our users’ funds are safe; we continue to operate as a BSP-licensed institution,” it added.
HONG KONG
Binance may add Asian stocks to the platformBinance co-CEO Richard Teng said during Token2049 the exchange may add Hong Kong, Korean, Taiwanese and Brazilian equities to its platform.
Second Solana ETF lists in Hong KongPando Finance’s Solana ETF has launched in Hong Kong’s HKEX under the ticker 2831.hk. It’s the second such fund and has a 0.6% fee, undercutting the first fund from ChinaAMC which charges 0.99% annually.
SINGAPORE
Singapore crypto scam losses fall by 43%A crackdown by Singapore Police in partnership with local crypto exchanges helped contribute to a 43% fall in reported losses from crypto scams year over year.
Revolut to open new Singapore officeRevolut has announced it will open a new Singapore office, invest S$350 million (US$273M) over the next five years, and expand its local workforce from 170 to 300
Cointelegraph publishes long-form journalism, analysis and narrative reporting produced by Cointelegraph’s in-house editorial team with subject-matter expertise. All articles are edited and reviewed by Cointelegraph editors in line with our editorial standards. Some articles contain affiliate links, from which Cointelegraph may earn a commission. These relationships do not influence which products we review or our editorial conclusions. Content published in here does not constitute financial, legal or investment advice. Readers should conduct their own research and consult qualified professionals where appropriate. Cointelegraph maintains full editorial independence.
Bitcoin’s one-year volatility has fallen to 43%, a level that now sits within the range of S&P 500 stocks, according to a new Grayscale report.
The comparison could help ease concerns among traditional investors, as inflation data keeps markets on edge.
What Volatility Means for BitcoinVolatility measures how much an asset’s price moves over time. Realized volatility, the measure Grayscale uses, tracks actual price swings over the past year.
Grayscale’s analysis puts Bitcoin’s current level in context. Its one-year realized volatility stood at 43%, down from 81% five years ago and below the 64% ten-year average.
Bitcoin’s $BTC volatility has declined over the past decade as the asset has matured, with deeper liquidity, institutional participation, and regulation.
Over the past year, Bitcoin’s realized volatility fell to 43%, down from 81% five years ago, placing it within the range of… pic.twitter.com/DYT6eNsTZa
— Grayscale (@Grayscale) October 15, 2026 The report also places that figure alongside stocks. Bitcoin’s volatility over the past year fell within the range of S&P 500 components. It was lower than the volatility of 19% of the index’s stocks. Even so, it remains above most individual names, and Grayscale says it no longer sits in a separate risk category.
The firm links the decline to market maturation. Deeper liquidity, institutional participation, and regulated access through spot ETFs have smoothed out extreme swings.
Perception is the report’s central message: Bitcoin’s reputation for high volatility may deter traditional investors.
Can Bitcoin Be Managed Like a Large-Cap Stock Today?Grayscale says the comparison matters for investors who already handle volatile positions. Position sizing, a standard tool in equity portfolios, can apply to Bitcoin too.
The latest price action shows why the debate matters. Bitcoin briefly fell near $80,000 after September CPI came in at 3.7% year over year, above the 3.6% expected.
Traders feared the Federal Reserve could keep rates high or raise them further. Still, BeInCrypto data shows Bitcoin recovering to about $82,285, up 0.81% over 24 hours and 1% over the week.
Bitcoin (BTC) Price Performance. Source: BeInCryptoGrayscale adds a caution, however. One year of data cannot reveal how Bitcoin behaves across full market cycles, so the report invites a measured view.
For investors used to volatile large-cap stocks, Bitcoin’s swings may look less intimidating than history suggests.
The Brooklyn District Attorney’s office has dismantled the online backbone of a multinational cryptocurrency scam that drained tens of millions of dollars from Russian-speaking victims across the U.S.
Working with the FBI, investigators executed search warrants across three time zones in a matter of hours and seized or disrupted 241 scam domains and more than 100 cloud servers hosted by Eastern European and American companies. The servers held the scammers’ victim data, site content and operating software, according to a Wednesday statement.
“Our groundbreaking Virtual Currency Unit identified the fraud, tracked the stolen cryptocurrency, broke new ground by uncovering the infrastructure behind the operation, and worked with the FBI to dismantle it,” Brooklyn District Attorney Eric Gonzalez said.
“By disrupting more than 100 servers and hundreds of fraudulent websites, we have struck at the heart of this criminal enterprise and made it far harder for these scammers to victimize others. I commend our investigators and thank the FBI for their partnership in this extraordinary operation.”
The scam worked by luring victims via Russian-language investment ads on Facebook. A Russian-speaking “advisor” then called and walked them through opening an account on a fake crypto platform and buying digital assets.
Weeks or months later, when victims tried to withdraw, they were locked out or hit with bogus “fees” and “taxes.”
Some lost their life savings. Then the scammers came back for more: Posing as recovery services, they contacted victims weeks later and promised to retrieve the stolen money.
The unit had already taken down 400 scam domains, but new ones kept appearing. Hitting the servers behind them cuts off the scammers’ ability to launch new sites quickly or reach past victims.
The three-year investigation has recovered about $300,000 so far, and prosecutors say they are working to claw back more.
Mathew Di Salvo
Mathew is a reporter who's covered the space since 2019, reporting on everything from Salvadoran president Nayib Bukele's Bitcoin bet to crypto exchange FTX's bankruptcy.
Bitcoin treasury firms Strategy and Metaplanet face potential removal from the MSCI’s Global Investable Market Indexes. This follows the index provider’s adoption of a new methodology which would make non-operating companies eligible for inclusion in its global index.
MSCI Could Soon Axe Strategy, Metaplanet Over New Rules
In an announcement, the firm said that it will adopt the proposal to exclude non-operating companies from its global index, potentially putting Strategy and Metaplanet at risk of removal. This follows a consultation period in which it sought to expand the definition of non-operating companies.
As CoinGape earlier reported, the MSCI launched the consultation in August, classifying corporate issuers that have similar characteristics to various investment funds and Business
Development Companies (BDCs) as non-operating companies. It sought to determine, through two screens, which corporate issuers would fall under this lens.
The initial screen was to determine whether the corporate issuer is a company with substantial operating costs. Issuers that fail this screen then undergo the exclusion screen based on five non-industry-specific financial ratios. These ratios are operating asset intensity, expense intensity, cash flow screen, fair value intensity, and capital dependence. Getting flagged on at least four out of five of these ratios leads to exclusion.
Final Decision To Come On November 11
MSCI also said it will release the final list of companies facing exclusion on November 11. The index provider said that it will remove constituents that fail the ineligibility screen in te two of their most recent annual filings.
The firm also pointed to a list of companies that could be impacted by this methodology, with Strategy and Metaplanet facing removal in this simulation. Meanwhile, crypto treasury firms such as Bitmine, Upexi, Cypherpunk Technologies, and DeFi Development are on the watchlist.
Following the November 2026 Index Review announcement, MSCI noted that the new methodology will replace the interim measures it had put in place for digital asset treasury companies. The Strategy stock is down over 1% in overnight trading, trading at $149, according to TradingView data.
Source: TradingView
To trade the stock, check out Best Platforms to Trade Tokenized Stocks
Bitcoin rebounds from its recent low, while previously strong cryptocurrencies have rallied rapidly, with NEAR surging nearly 10%.
After Bitcoin bottomed at $80,000 and rebounded, previously strong altcoins have posted notable gains overnight into this morning. According to HTX market data: NEAR is trading at $5.3281, up 9.9% over 24 hours; ZEC is at $1234.78, up 8.53% over 24 hours; PYTH is at $0.09335, up 10.5% over 24 hours, hitting a new high since last November; INJ is at $8.563, up 11.98% over 24 hours, also hitting a new high since last November.
8 minutes ago
Whale Hamr4x Dumps 145,010 $SOL ($15.25M) After 2 Months
After 2 months, whale Hamr4x dumped another 145,010 $SOL ($15.25M).
8 minutes ago
Google lowers Gemini 4 Argon's Pro subscription price to $20.
Beating AI News Flash: Google has started rolling out Gemini 4 Argon to paid Google AI Pro users. Previously, while Argon had been integrated into the Gemini app, it was only accessible to higher-tier Ultra subscribers within the AI programming tool Antigravity. Now, Pro users can access this flagship model via the Antigravity desktop app and CLI to handle complex programming, debugging, and multi-step development tasks. Google has also set a separate weekly usage quota for Argon for Pro users, which does not take up the existing Gemini 3.8 Flash quota; the two models can be used independently. However, Argon still does not support Antigravity’s built-in IDE, and can only be accessed through the desktop app, CLI, or third-party IDE extensions. Additionally, this access is limited to formal paid Pro subscriptions, with trial subscriptions excluded.
8 minutes ago
AMC CEO issues fresh warning: Opposes Robinhood’s launch of AMC stock tokens in the US, saying it could impact the company’s capital structure.
AMC CEO Adam Aron once again voiced opposition on X to Robinhood’s plan to issue stock tokens, stating AMC does not consent to Robinhood launching tokens replicating AMC’s shares in the U.S. Aron labeled these tokens “fake synthetic stocks,” warning they could impact AMC’s capital structure. He added that the U.S. Securities and Exchange Commission (SEC) requires Robinhood to secure AMC’s approval or at minimum confirm AMC has no objections, stressing AMC should control its own financial destiny rather than letting Robinhood call the shots.
8 minutes ago
A whale opened max leveraged long positions on Bitcoin and Ethereum 4 hours ago, with positions worth $187 million.
According to Yu Jing Monitoring, a whale address (0x30afce2f6842bf183c7e3fe7162e279ff0b6393e) opened a maximum-leverage long position worth $187 million four hours ago. The position includes 1,822 BTC (valued at $150 million) with an entry price of $82,409 and a liquidation price of $80,634, plus 15,270 ETH (valued at $37.33 million) with an entry price of $2,455 and a liquidation price of $2,406. The whale’s most profitable previous trade netted $14.8 million: it opened a long position in NEAR at $2.14 in late August and took profits at $4.88 in late September.
Whale Hamr4x Dumps 145,010 $SOL ($15.25M) After 2 Months
After 2 months, whale Hamr4x dumped another 145,010 $SOL ($15.25M).
20 minutes ago
Google lowers Gemini 4 Argon's Pro subscription price to $20.
Beating AI News Flash: Google has started rolling out Gemini 4 Argon to paid Google AI Pro users. Previously, while Argon had been integrated into the Gemini app, it was only accessible to higher-tier Ultra subscribers within the AI programming tool Antigravity. Now, Pro users can access this flagship model via the Antigravity desktop app and CLI to handle complex programming, debugging, and multi-step development tasks. Google has also set a separate weekly usage quota for Argon for Pro users, which does not take up the existing Gemini 3.8 Flash quota; the two models can be used independently. However, Argon still does not support Antigravity’s built-in IDE, and can only be accessed through the desktop app, CLI, or third-party IDE extensions. Additionally, this access is limited to formal paid Pro subscriptions, with trial subscriptions excluded.
20 minutes ago
AMC CEO issues fresh warning: Opposes Robinhood’s launch of AMC stock tokens in the US, saying it could impact the company’s capital structure.
AMC CEO Adam Aron once again voiced opposition on X to Robinhood’s plan to issue stock tokens, stating AMC does not consent to Robinhood launching tokens replicating AMC’s shares in the U.S. Aron labeled these tokens “fake synthetic stocks,” warning they could impact AMC’s capital structure. He added that the U.S. Securities and Exchange Commission (SEC) requires Robinhood to secure AMC’s approval or at minimum confirm AMC has no objections, stressing AMC should control its own financial destiny rather than letting Robinhood call the shots.
20 minutes ago
A whale opened max leveraged long positions on Bitcoin and Ethereum 4 hours ago, with positions worth $187 million.
According to Yu Jing Monitoring, a whale address (0x30afce2f6842bf183c7e3fe7162e279ff0b6393e) opened a maximum-leverage long position worth $187 million four hours ago. The position includes 1,822 BTC (valued at $150 million) with an entry price of $82,409 and a liquidation price of $80,634, plus 15,270 ETH (valued at $37.33 million) with an entry price of $2,455 and a liquidation price of $2,406. The whale’s most profitable previous trade netted $14.8 million: it opened a long position in NEAR at $2.14 in late August and took profits at $4.88 in late September.
20 minutes ago
Despite elevated inflation and mounting interest rate hike expectations, U.S. stocks and cryptocurrencies rebound; Jensen Huang steps in to stem losses, while the chip index notches its seventh consecutive decline.
Overnight, U.S. September Producer Price Index (PPI) rose 6.3% year-on-year, marking its highest level in over four years. The data has once again reinforced interest rate hike expectations, triggering temporary declines in U.S. stocks and crypto assets. However, markets quickly digested the negative news, with risk assets bouncing back sharply after the sell-off. In the end, the three major U.S. stock indexes closed higher across the board: the Dow Jones Industrial Average rose 1.08%, the Nasdaq gained 0.08%, and the S&P 500 added 0.33%. The Philadelphia Semiconductor Index fell 0.88%, with its decline narrowing significantly from the opening, marking its seventh consecutive trading day of losses.
In terms of individual stocks, according to market data from BIT (bit.com), CoreWeave—heavily impacted by default rumors—reversed an intraday drop of over 8% to close up 5.94%. On the news front, NVIDIA CEO Jensen Huang stated that CoreWeave’s strength is improving daily, its financing costs are actually declining, and he does not believe the data center operator needs NVIDIA’s rescue. NVIDIA fell 1.84%, while Intel dropped 2.80%. Storage stocks also saw their declines narrow but failed to turn positive, with SNDK closing down 0.61%. Separately, per HTX market data, Bitcoin briefly dipped below the $80,000 threshold overnight before bouncing back quickly, and is currently trading at $82,285.10.
20 minutes ago
Trump: Will Not Use Nuclear Bombs to Strike Iran
Trump stated that he will not use nuclear weapons to strike Iran, nor does he plan to deploy ground troops to Iran.
A routine government financial report has sparked conversation among XRP supporters after White House Press Secretary Katie Zacharia referred to $58.9 billion in recovered funds during a briefing. The number, though cited in a broader financial context, quickly became a focal point among those who follow Ripple’s XRP token.
White House briefing highlights recovery effortsDuring an official briefing, Press Secretary Zacharia said the Trump administration recovered $58.9 billion through indictments, legal settlements, and civil monetary penalties. She detailed efforts that included uncovering fraud exceeding $260 billion and preventing an estimated $72 billion in fraud annually through administrative actions.
The statement did not reference cryptocurrencies or digital assets. However, the $58.9 billion figure attracted immediate attention from the online XRP community due to the presence of the digits “589,” a number long associated with the XRP price target.
The significance of 589 for XRP holdersWithin the XRP community, the number 589 holds particular meaning. Many XRP holders see $589 as a symbolic price target, linked to earlier predictions that anticipate substantial gains if XRP were to claim a large share of the global payment infrastructure. The figure has become an unofficial rallying symbol for XRP enthusiasts and is referenced in community discussions as a sign of long-term belief in the asset’s potential.
When “589” appears in prominent or unexpected sources, such as a White House briefing, it tends to reignite optimism and discussion within the group.
Community reaction and search for meaningNoted crypto commentator Pumpius posted the clip on social media, remarking on the occurrence of the number 589 in the briefing. The post quickly drew engagement from XRP supporters. Some community members voiced excitement, while others maintained a cautious perspective, focusing on nearer-term price targets for XRP such as $5.89 before considering the $589 milestone.
Others in the discussion pointed out that the appearance of 589 in government statements is likely a coincidence, but acknowledged its ongoing presence as a shared motif among XRP holders.
Several XRP supporters note that the repeated emergence of 589 in the public sphere continues to strengthen conviction around the asset’s long-term potential, even if the context is unrelated to cryptocurrency.
Some community members expressed confusion over the connection between the government’s figures and the digital asset, but many understood the popularity of the number 589 as a community inside reference.
Symbolism and past appearancesOver the years, the number 589 has surfaced in various forms within the XRP community. For example, Ripple CEO Brad Garlinghouse follows exactly 589 accounts on X, the social media platform formerly known as Twitter. These instances contribute to the narrative and symbolism attached to the figure, reinforcing the culture of speculation and anticipation within the group.
The repeated sighting of 589 in multiple, unrelated contexts adds to its mythos in community discussions, even though no direct link exists between the White House statements and XRP itself.
Mini dictionary: Katie Zacharia, White House Press Secretary—serves as the official spokesperson for the President and the administration’s policies, handling media communications and public briefings.
While the numeric coincidence may not influence XRP’s immediate market direction, it continues to act as a psychological anchor for the community, sustaining long-term optimism about XRP’s potential trajectory.
Cross River Bank has signed an agreement with Ripple to connect its stablecoin, RLUSD, to its banking services on the XRP Ledger. The collaboration will enable fintech companies to use blockchain payments, cross-border transfers, and settlement services via a single banking platform.
Cross River Bank Adopts Ripple’s RLUSD for Banking Infrastructure. According to Cross River, Ripple’s RLUSD will be integrated into its proprietary Core Operating System (COS), which will allow traditional banking services and blockchain payments to be linked. The integration will enable companies to transfer money between USD and RLUSD without keeping multiple blockchain systems.
ACH transfers, wire payments, and real-time settlement will all be supported on the platform via a single API connection. International payments will also be available for businesses to process, and treasury transfers can be made outside banking hours.
Adam Goller, Cross River’s Head of Fintech Banking, explained that the partnership would reduce the need for multiple payment providers.
“Businesses shouldn’t have to rely on several different providers to move money across the globe,” Goller said.
By joining the Cross River, Ripple also broadens its institutional payment network as financial institutions embrace digital asset services. The firm has been doing the same with Ripple’s collaboration with Privy, which has enabled the access to XRP Ledger payments via XRP and RLUSD wallets in the applications.
XRP Ledger to Support Faster RLUSD Settlement The XRP Ledger will provide the blockchain infrastructure supporting RLUSD transactions within Cross River’s payment system. According to the companies, XRPL transactions typically settle within three to five seconds and cost fractions of a cent.
The network is active around the clock and enables companies to initiate transfers when the traditional banking systems are down. Such features will help Cross River reach its goals of intraday settlement and minimizing delays in cross-border transactions.
RippleX Senior Vice President Markus Infanger explained the significance of bridging stablecoins to the existing banking system.
“Stablecoins are not going to change payments using parallel financial systems, this is going to happen by being part of the banking infrastructure that businesses are using,” he said.
Beyond payments, Ripple has expanded institutional access to RLUSD through Standard Chartered’s launch of custody services for the stablecoin. The service will enable qualified institutional buyers to acquire RLUSD via the bank’s digital asset custody platform.
Cross River Bank has partnered with Ripple to integrate its RLUSD stablecoin into its core banking infrastructure through the XRP Ledger. The partnership will allow fintech companies to access blockchain payments, cross-border transfers, and settlement services through one banking platform.
Ripple’s RLUSD Adoption Expands Across Financial Institutions Meanwhile, Ripple has reported that RLUSD has surpassed $2.5 billion in market capitalization, including more than $1 billion issued on XRPL. The company also stated that the XRP Ledger has processed more than $1.3 trillion in settlement value.
The stablecoin’s growing circulation has accompanied increased activity across Ripple’s institutional services. Recent RLUSD minting and burning transactions on Ethereum and XRP Ledger further reflect treasury operations across the two networks.
Cross River already operates stablecoin payment infrastructure that connects blockchain networks with regulated banking services. Adding RLUSD gives its business customers another settlement option while retaining access to conventional payment systems.
However, Cross River Bank has confirmed that the services are currently available only in limited U.S. states.
Ripple Labs, a blockchain payments company recognized for its fast, low-cost cross-border payment solutions, has seen its native token, XRP, attract significant institutional interest on Wall Street. Over the past thirteen weeks, XRP-powered exchange-traded funds (ETFs) accumulated a cumulative net inflow of $1.8 billion, according to data from analytics firm SoSoValue.
Institutional ETF demand led by Bitwise, Franklin Templeton, and CanaryETF trading data reflected a steady, sustained appetite for XRP among institutional investors. The three leading funds—Bitwise, Franklin Templeton, and Canary Capital—have driven this positive momentum during a 13-week streak of net inflows.
Bitwise’s XRP-linked ETF remains the market leader, having attracted $688.48 million in inflows to date. Franklin Templeton’s XRPZ fund follows, racking up $396.59 million, while Canary Capital’s XRPC product has drawn $325.47 million. All three ETFs maintain competitive fee ranges between 0.16% and 0.29%.
ETF ProviderCumulative InflowFee RangeBitwise$688.48 million0.16% – 0.29%Franklin Templeton$396.59 million0.16% – 0.29%Canary Capital$325.47 million0.16% – 0.29%A single-day inflow of $740,410 into XRP-linked ETFs was recorded yesterday, even as the overall crypto market faced downward pressure. This ended a three-day stretch without new investments during regular business days.
ETF momentum fails to boost XRP priceDespite persistent institutional interest, XRP’s price performance has not mirrored the ETF inflows. At the time of writing, XRP has fallen 4.5% in the last 24 hours and trades within a tight range of $1.30 to $1.35, according to CoinGecko.
This week, Evernorth debuted a $476 million fund on NASDAQ that incorporates XRP exposure. Market analysts have cited this new fund as a potential catalyst for improved sentiment if it delivers strong returns, potentially influencing the broader perception of XRP in traditional markets.
However, large holders—often referred to as crypto whales—remain cautious. Data suggest these influential market participants have recently reduced their XRP holdings, signaling skepticism about an imminent rally. The Chaikin Money Flow (CMF), a technical indicator that assesses buying and selling pressure, showed negative readings between -0.07 and -0.21 on various timeframes, indicating selling sentiment persists.
Mini dictionary: Chaikin Money Flow (CMF) is a technical analysis indicator that measures the volume-weighted accumulation and distribution of a security over a specific period, providing signals on buying or selling pressure in the market.
XRP ETFs continue to attract hundreds of millions of dollars from institutional investors, yet this robust demand has yet to trigger a sustained price increase for the underlying token on the spot market.
Market observers are watching to see if changing macroeconomic or geopolitical factors may eventually translate investor enthusiasm for XRP ETFs into upward price movement on crypto exchanges.
Ripple Prime, Ripple’s institutional brokerage unit, has launched perpetual swap trading for real-world assets ranging from stocks to metals. The products, announced today, reference perpetual futures contracts listed on Hyperliquid by Trade.xyz.
The new service covers more than 100 reference markets, including stocks, indices, ETFs, metals, energy, and forex. Ripple stated that transactions and exchanges can be conducted 24/7, including weekends.
According to the company’s statement, market maker Virtu is among the institutional clients that have begun using the products. In transactions, the counterparty to the contract is Ripple Prime, and the value of the swaps is tied to the relevant contracts in Hyperliquid.
Clients can use Ripple’s dollar stablecoin RLUSD as collateral, depending on eligibility requirements in their jurisdiction. Collateral needs for positions in different asset classes can also be evaluated within the same portfolio.
The products provide access to price movements through derivative contracts, rather than directly purchasing the underlying stock or commodity. Ripple announced that it initially offered the service under a CIV BVI license and plans to expand to more regions, but did not give a specific date for the new regions.
*This is not investment advice.
Follow our Telegram and X account now for exclusive news, analytics and on-chain data!
Jacob Metzger, a wealth coach known for his optimistic stance on digital assets, has announced that he is no longer purchasing XRP. Metzger reached a predetermined investment target he set in 2022 and has decided to conclude his accumulation after buying the token since 2020. He described this achievement as “immensely satisfying” and has moved to the next phase of his investment strategy.
New investment direction after XRPWith additional capital now available, Metzger plans to diversify across real estate, tangible assets such as gold and silver, and a range of other digital currencies, including XLM, HBAR, and Quant. He also considers SpaceX a “conviction position,” citing the company’s significant growth prospects in the coming decade. Metzger intends to consult his advisory board to recalibrate his portfolio and define new objectives.
His change in approach to XRP does not reflect a loss of confidence in the token’s long-term potential. Rather, Metzger’s actions are a result of reaching his accumulation benchmark and redeploying new capital. He has previously stated that he views a repricing of XRP as inevitable and remains an advocate for the asset’s future growth.
Metzger explained the personal significance of reaching his XRP goal, describing it as the conclusion of one chapter and the start of another. He emphasized that his stance is rooted in strategy, not doubt, and highlighted the disciplined process behind his portfolio shift.
First public long-term XRP predictionDuring his recent announcement, Metzger released his first public price prediction for XRP by 2030. He presented both a bearish scenario, forecasting $100, and a bullish outlook with the potential to surpass $1,000. While he did not provide a detailed methodology, he indicated that both figures represent plausible outcomes in his opinion.
These predicted values are significantly higher than XRP’s current trading price and have attracted attention within the cryptocurrency community.
Ongoing industry support for XRPMetzger featured commentary from EasyA co-founder Dom Kwok in his video. Kwok remains bullish on XRP, citing Ripple’s acquisition of Hidden Road as evidence of the XRP ledger’s growing real-world use, especially for trade settlement. He highlighted the system’s speed and cost efficiency compared to traditional alternatives.
Kwok also predicted that XRP could reach $1,000 by 2030. He described it as “probably one of the most important projects out there at the moment.”
In markets driven by trends and investor timing, another notable case has emerged within meme tokens. An example shared by Fomo App involved a “Niu Lai” investment that turned $99 into approximately $370,000, emphasizing the rapid impact of viral sentiment. Monitoring both timing and token selection is increasingly recognized as essential for market participants. Fomo App offers a unified platform for discovering tokens, trading, and tracking investor activity, featuring social feeds, rankings, and trade alerts, providing new tools for those interested in fast-moving sectors including meme tokens.
Dom Kwok indicated that the XRP ledger’s increased utility could set it apart as a leader in efficient trade settlement, pointing to Ripple’s acquisitions and ongoing development as foundational strengths.
Execution and outlookMetzger’s move to stop buying XRP marks the disciplined execution of a long-standing plan. Instead of reflecting disillusionment, it shows his commitment to methodical portfolio management. His high price predictions for XRP by 2030 highlight his lasting confidence in the asset even as he expands into new investment avenues.
XRP is nearing a significant resistance zone at $1.38, which coincides with the red-labeled Bollinger Band. Market analysts observe that if XRP closes above this barrier on the daily chart, attention could shift to the $1.49 SuperTrend price line as a new target.
$1.60 possible if resistance is clearedAli Martinez, a well-known cryptocurrency trader, outlined in his latest analysis that XRP may first drop towards $1.25. This support level aligns with the lower boundary of the parallel channel identified in recent price charts.
Despite negative sentiment, including notable selling activity by larger holders, Martinez suggested a possible upward reversal could occur soon. He highlighted, “A bounce from $1.25 could give XRP the strength to rally toward the mid-range at $1.42 or potentially the top of the channel at $1.60.”
XRP’s price action suggests $1.25 might serve as a springboard for moves towards $1.42 or $1.60, provided the current downtrend reverses at support.
Presently, XRP trades approximately $0.06 above the channel’s lower boundary. Broader market uncertainty remains, as Bitcoin’s failure to hold above $87,000 has unsettled risk assets across markets.
In the regulatory landscape, the CLARITY Act failed to advance in the US Senate following an unsuccessful cloture vote on September 15, 2026. The White House introduced an alternative proposal the following month.
Despite external uncertainties, main on-chain technical indicators for XRP show strength. Martinez pointed to signs that a local bottom could be forming on the daily chart, referencing buy signals identified by the Tom DeMark Sequential at the $1.31 to $1.32 range, including a Sequential 13, a TD 9, and another Aggressive 13.
Mini dictionary: Tom DeMark Sequential, a technical indicator used to identify potential turning points in price trends. It highlights points where a trend may be exhausted and a reversal becomes likely.
Bearish sentiment and liquidation pressureFor a bullish reversal to materialize, a shift in momentum by buyers would be necessary. On Thursday, XRP’s trading volume stood at $3 billion, but bears have dominated, with selling pressure outweighing buying interest.
Derivatives data from CoinPaprika and CoinGlass display similar trends in sentiment. According to CoinGlass’ Futures statistics, the long-to-short ratio has dropped to 0.93, indicating that traders betting on a price decline currently outnumber those anticipating gains.
Liquidation figures reveal that bulls faced $11.88 million in forced liquidations, nearly matching the total $12.56 million liquidated. This underscores heightened risk for those traders expecting an upward move in XRP.
Data SourceLong vs Short RatioTotal LiquidationsBull LiquidationsCoinGlass0.93$12.56M$11.88MWhile technicals point to a potential local bottom, traders remain cautious due to prevailing bearish momentum and continued liquidation pressure.
Remittix defines its final RTX price path as Hyperliquid’s revenue model and Ripple’s latest institutional partnership strengthen bullish HYPE and XRP forecasts.
MAJURO, Marshall Islands, Oct. 15, 2026 (GLOBE NEWSWIRE) -- Remittix is moving through its final presale phase with RTX available at $0.28 before an announced $0.46 final tier and planned minimum exchange launch price.
The defined price path gives Remittix a clear pre-launch catalyst before RTX begins public trading on November 24, 2026. More than 40,000 participants have joined the presale, which has raised over $32 million toward its $36 million hard cap.
The update comes as Hyperliquid’s revenue approaches $1.4 billion and Ripple brings its institutional infrastructure to DriveWealth. Those developments support aggressive targets of $250 for HYPE and $20 for XRP while highlighting the market value placed on trading, payments and financial rails.
The $0.28 RTX Entry Creates a Defined Price Gap
The progression from $0.28 to the announced $0.46 final presale tier represents a potential increase of approximately 64%. The same $0.46 level is planned as the minimum exchange launch price, creating a visible reference point before open-market trading begins.
November 24 adds a firm deadline to that price structure. Buyers can track the remaining allocation, the $36 million hard cap, the final tier and the public-market launch rather than waiting through an open-ended presale.
PayFi Gives Remittix a Large Primary Market
Remittix is primarily a PayFi project designed to connect supported cryptocurrency with ordinary bank settlement. A sender can fund an eligible transaction using crypto while fiat reaches the recipient through a compatible banking route.
One thousand invited RTX holders can test EUR and USD transfers using USDT and USDC across Ethereum, Celo, Base and Polygon. The wider Remittix ecosystem includes an iOS wallet with more than 10,000 downloads, Remittix Markets with over $50 million in volume and Remittix Earn, which is approaching release with advertised yields of up to 22% APY.
PayFi supplies the real-world entry point, while trading, wallet activity and earning can create additional demand inside the same application.
Hyperliquid Targets $250 as XRP Price Prediction Eyes $20
Hyperliquid has generated approximately $1.35 billion in cumulative protocol revenue, with its fee-funded buyback model becoming a central part of the HYPE investment case. HYPE recently traded near $81, placing a $250 target at more than three times its current level. Reaching it would require Hyperliquid to maintain its dominance in decentralized perpetual trading and continue converting volume into token demand.
Ripple’s DriveWealth partnership provides XRP Ledger with another institutional route. DriveWealth plans to use RLUSD on XRPL for European settlement before expanding to the United States, while also integrating Ripple Payments and custody infrastructure. For XRP, a move from around $1.30 to $20 would represent a major institutional-payments rerating.
Remittix Brings Payments and Trading Into One Earlier-Stage Opportunity
Hyperliquid demonstrates the value that active traders and fee generation can create, while Ripple shows how payment infrastructure can reach institutional markets. Remittix connects both themes through PayFi and its live perpetual platform.
At $0.28, RTX remains in its presale stage with a $0.46 final tier and November 24 launch ahead. That combination places Remittix among the most closely watched new crypto launches for buyers seeking utility, a defined price path and multiple ecosystem demand channels.
About Remittix
Remittix is developing a connected PayFi ecosystem for crypto-to-bank and bank-to-crypto transactions. Its products include international payment settlement, a mobile wallet, Remittix Markets and the forthcoming Remittix Earn service.
Media Contact
Company: Remittix
Email: [email protected]
Disclaimer: This content is provided by Remittix. The statements, views, and opinions expressed in this content are solely those of the content provider and do not necessarily reflect the views of this media platform or its publisher. We do not endorse, verify, or guarantee the accuracy, completeness, or reliability of any information presented. We do not guarantee any claims, statements, or promises made in this article. This content is for informational purposes only and should not be considered financial, investment, or trading advice. Investing in crypto and mining-related opportunities involves significant risks, including the potential loss of capital. It is possible to lose all your capital. These products may not be suitable for everyone, and you should ensure that you understand the risks involved. Seek independent advice if necessary. Speculate only with funds that you can afford to lose. Readers are strongly encouraged to conduct their own research and consult with a qualified financial advisor before making any investment decisions. However, due to the inherently speculative nature of the blockchain sector—including cryptocurrency, NFTs, and mining—complete accuracy cannot always be guaranteed. Neither the media platform nor the publisher shall be held responsible for any fraudulent activities, misrepresentations, or financial losses arising from the content of this press release. In the event of any legal claims or charges against this article, we accept no liability or responsibility. Globenewswire does not endorse any content on this page.
Legal Disclaimer: This media platform provides the content of this article on an "as-is" basis, without any warranties or representations of any kind, express or implied. We assume no responsibility for any inaccuracies, errors, or omissions. We do not assume any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information presented herein. Any concerns, complaints, or copyright issues related to this article should be directed to the content provider mentioned above.
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/21d88bfc-aedc-431e-b49e-fc6a8507265f
XRP has emerged from an extended period of downward pressure, according to recent analysis by Bitcoin Boy, a cryptocurrency analyst active on X. After more than a year trapped within a descending channel, the digital asset moved beyond a key technical barrier, offering renewed optimism for its price trajectory.
Descending channel breakout signals structural shiftXRP, the digital token developed by Ripple, reached its all-time high of $3.65 in July 2025. Following this peak, the asset entered a prolonged consolidation phase, moving within a clearly defined descending channel until late 2026. The lower boundary of this pattern neared $0.90 before XRP experienced a sharp upward breakout that propelled it into its current price range.
With the channel breached, XRP now trades just above $1.39, holding close to a significant support level at $1.26. The move above the channel’s resistance forms the basis for Bitcoin Boy’s updated market outlook.
Bitcoin Boy stated that XRP recently broke free from its extended downtrend channel, adding that while the recovery may require more time, he believes the shift is a positive development for the asset.
Key support and resistance levelsTechnical analysis identifies several important horizontal zones for XRP in the coming period. Immediate resistance resides at $1.70, while higher targets are set at $2, $2.20, and $2.70, each of which has previously functioned as either support or resistance.
The analyst highlights $3.65—the previous record high—as the primary price target. On the downside, support near $0.99 is marked as the accumulation zone where the recent recovery began.
LevelType$0.99Major support / Accumulation base$1.26Short-term support$1.70Immediate resistance$2.00 – $2.20Key resistance zone$2.70Historic support/resistance$3.65All-time high / Primary targetAnalyst forecasts gradual recoveryAccording to Bitcoin Boy’s chart, XRP’s next significant move depends on its ability to break through successive resistance levels. The projected path outlines a gradual rise from around $1.39 toward $3.65. There is no specific timeframe given for this potential advance, and the analysis highlights the broader structural change rather than a short-term trigger.
Bitcoin Boy emphasized that the key technical barrier is now behind XRP, setting up a new trend that could eventually lead to a retest of prior highs if critical resistance points are surpassed.
Market implications of the breakoutMaintaining levels above $0.99 has strengthened XRP’s setup, as previous resistance now serves as new support. This shift in structure could open the path to higher price objectives if the asset holds current gains and advances through next targets.
Bitcoin Boy’s perspective offers a cautiously optimistic outlook for XRP’s mid-term performance, with the asset’s technical position now more favorable than at any moment in the past year.
Mini dictionary: Bitcoin Boy – A cryptocurrency market analyst known for sharing technical analysis and price outlooks, particularly on social media platform X.
Cross River Bank is integrating Ripple’s RLUSD stablecoin directly into its core banking system, while XRP (CRYPTO: XRP) flashes technical buy signals after bouncing off its lows.
What the Cross River Partnership CoversCross River announced Thursday that it’s embedding RLUSD, Ripple’s dollar-backed stablecoin, into its Core Operating System, with support for transactions on the XRP Ledger.
The move lets fintechs access RLUSD payments through a single API connection, covering real-time settlement and cross-border transactions without needing to build their own blockchain infrastructure.
RLUSD (CRYPOTO: RLUSD) settles on the XRP Ledger in 3 to 5 seconds at a fraction of a cent, and the network has processed more than $1.3 trillion in total value to date.
Cross River Head of Fintech Banking Adam Goller said the integration lets fintechs move between U.S. dollars and RLUSD, settle cross-border payments 24/7, and access ACH, wires and real-time payments all through one platform.
RippleX SVP Markus Infanger said stablecoins will reshape payments by becoming part of banks’ existing infrastructure rather than operating as a separate system.
Here’s where RLUSD stands today:
Market cap: more than $2.5 billion Issued on XRP Ledger: over $1 billion Availability: currently limited to select US states Why XRP Is Flashing Buy Signals Despite Staying BearishXRP recovered to $1.33 after dipping to $1.28, leaving a long lower wick that suggests buyers stepped in below $1.30.
The token still trades below the rising support line of its symmetrical triangle pattern, and recent lower highs and lower lows keep the near-term trend bearish.
Widely-followed crypto analyst Ali Martinez posted on X that XRP has flashed several TD Sequential buy signals near current levels, including a Sequential 13, a TD 9, and an Aggressive 13.
Together, he said, those signals suggest a local bottom may be forming. If buyers step in, Charts is watching for a rebound toward $1.40, followed by resistance near $1.50.
Where XRP Stands TechnicallyThe rebound has yet to reverse XRP’s broader breakdown, with initial resistance sitting around $1.35 to $1.38.
A sustained move above $1.40 to $1.43 would bring the token back toward its broken trendline and ease selling pressure.
Key levels for XRP: $1.35 to $1.38: initial resistance $1.28: immediate support to watch Photo via Shutterstock
Cross River Bank is adding Ripple's RLUSD stablecoin to its Core Operating System, with payments on the XRP Ledger and one API for fintechs.
@crossriverbank is adding RLUSD, @Ripple's stablecoin, to its core banking platform, with payments running on the XRP Ledger. Fintechs that use the bank can move between dollars and RLUSD and settle around the clock through one connection.
Card issuers and payment processors also get a new way to settle during the day, cutting payment wait times. $RLUSD now carries a market cap of slightly over $2.4B.
What the Cross River integration covers Cross River Bank, based in Fort Lee, is integrating Ripple's U.S. dollar-backed stablecoin into its proprietary Core Operating System. The bank said the setup creates a path for fintechs and other business customers to move between U.S. dollars and RLUSD through a single banking platform and API connection.
The stablecoin will sit alongside existing rails. Cross River said the connection would combine RLUSD transfers with ACH, wire transfers and real-time payments through one application programming interface. Customers will not need to deploy their own blockchain infrastructure to use the new route.
For payment networks, Cross River said the move is designed to help issuers and acquirers settle intraday, reduce settlement latency and access blockchain-based payments through a regulated banking platform. said Adam Goller, head of fintech banking at Cross River.
There are limits for now.
RLUSD supply and the bank push
Market cap figures vary by data provider and date. Either way, the token is far smaller than the sector leaders.
The deal gives Ripple a regulated U.S. banking channel for RLUSD.
Sources
ROI-NJ: Cross River integrates Ripple stablecoin into core banking payments platform
crypto.news: Ripple signs Cross River deal to bring RLUSD into core banking
RWA.xyz: Ripple USD (RLUSD) market data
Ripple has signed an agreement with Cross River Bank to connect its RLUSD stablecoin to a single banking platform for dollar transfers, cross-border payments, and round-the-clock settlement on the XRP Ledger.
Summary
Cross River will integrate RLUSD into its Core Operating System through a single API connection.
Fintech customers will access stablecoin transfers alongside ACH, wires, and real-time payment services.
The bank says its services are currently available only in limited U.S. states.
Recent Ripple agreements cover brokerage settlement, institutional custody and wallet tools for application developers.
Cross River announced the partnership on Oct. 15, saying fintech companies would be able to move between U.S. dollars and RLUSD through its existing banking infrastructure. Under the agreement, the bank will add the stablecoin to its proprietary Core Operating System, or COS, with transactions supported on the XRP Ledger.
For businesses using the platform, the bank described access to blockchain payments without having to build separate blockchain infrastructure. Cross River said its connection would combine RLUSD transfers with ACH, wire transfers and real-time payments through one application programming interface.
Cross River will connect RLUSD with existing bank payment services
Within its payment network offering, Cross River said RLUSD would give issuers and acquirers another option for settling funds during the day. The bank expects the integration to reduce settlement delays while supporting international payments and treasury transfers outside standard banking hours.
Explaining the service, Adam Goller, Cross River’s head of fintech banking, said:
“Businesses shouldn’t have to rely on several different providers to move money across the globe.”
Goller said the agreement builds on stablecoin capabilities already under development at the bank, allowing fintech customers to convert between dollars and RLUSD while accessing conventional payment methods through the same platform.
According to the announcement, XRP Ledger transactions typically settle within three to five seconds, cost fractions of a cent, and operate around the clock. The release also put the ledger’s cumulative settlement value above $1.3 trillion.
For U.S. businesses considering access, Cross River said its services are currently available only in limited states.
Describing Ripple’s approach, Markus Infanger, senior vice president of RippleX, said stablecoins would become part of “the banking infrastructure businesses already use.” He said connecting RLUSD with Cross River’s regulated platform could simplify international and round-the-clock transfers for fintech companies.
RLUSD supply has expanded under New York supervision
Alongside the banking announcement, the companies reported that RLUSD had exceeded $2.5 billion in market capitalization, including more than $1 billion issued on the XRP Ledger.
As crypto.news reported on Sep. 26, RLUSD’s supply approached $2.5 billion, with CoinMarketCap placing circulation near 2.49 billion tokens. Ripple had reported that the stablecoin passed $2 billion in market value in late August.
At the September snapshot, DefiLlama figures cited in the report placed the XRP Ledger’s total stablecoin supply near $1.19 billion. RLUSD accounted for about $1.10 billion, or more than 92% of the tracked total, while the remaining RLUSD supply circulated on other networks.
For the U.S. issuance structure, Ripple identifies Standard Custody & Trust Company as RLUSD’s issuer. The subsidiary operates under a limited-purpose trust charter supervised by the New York State Department of Financial Services.
According to Ripple’s transparency disclosures, RLUSD reserves are subject to monthly independent attestations. Its published Sep. 24 snapshot listed approximately $2.409 billion in circulating tokens against $2.5315 billion in reserve funds.
DriveWealth plans RLUSD settlement before a U.S. rollout
In a separate agreement announced Oct. 14, Ripple partnered with DriveWealth to introduce RLUSD settlement and payments across a brokerage infrastructure network serving more than 100 partners globally.
According to the companies, settlement integration will begin in Europe before a planned extension to the United States. The arrangement includes RLUSD on the XRP Ledger and tools for creating and redeeming the stablecoin.
For collateral accounts, the announcement described stablecoin deposits that could convert into cash in near real time. Through Ripple Payments, DriveWealth also plans to receive cross-border funds from international partners using its investing infrastructure.
In explaining the funding problem, the companies noted that U.S. equities settle one business day after a trade, while international dollar transfers can take longer. DriveWealth CEO Naureen Hassan said the company wants account funding to support customers already using its 24/5 trading service.
The agreement also covers European digital asset custody, according to the release, with additional markets planned over time. Separately, the companies said they were exploring equity financing through Ripple Prime’s Delta One business.
Standard Chartered custody is live while collateral work continues
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. Standard Chartered is also working with Ripple and LMAX Group on a separate collateral arrangement.
Under the proposed structure, the bank said clients could use eligible RLUSD holdings to support trading positions while leaving the underlying tokens in its custody. Implementation remains subject to testing, final legal documents, internal approvals, and applicable regulatory requirements.
For application developers, Stripe-owned Privy announced XRP Ledger wallet tools through a Ripple partnership on Oct. 13. The provider said developers would be able to create wallets, manage them through software, and sign transactions involving XRP, RLUSD, and other assets issued on the ledger.
Within consumer applications, Privy said its embedded wallets could support stablecoin payments without requiring customers to manage their own cryptographic keys. Its announcement also identified server-side wallets for businesses building AI agents that make payments through systems such as x402.
Crypto analyst Schneider, known as @Linnea53566, has drawn significant attention with her recent analysis of XRP’s daily price chart. She identified a multi-year falling wedge pattern that has now reached a crucial turning point, accompanied by a bold price target that has sparked widespread interest within the cryptocurrency community.
Falling wedge pattern at critical stageSchneider’s chart illustrates XRP’s price compressing within two converging trendlines, tracking the asset from early 2025 through mid-2026. The upper boundary descends from XRP’s all-time high of $3.65, while the lower support stretches upward from late 2024 levels.
XRP has trended lower since the middle of 2025, with its price action forming a falling wedge pattern. Typically, analysts view this structure as a bullish signal, indicating buyers may be ready to step in as the price tightens between support and resistance.
The biggest altseason in crypto history is loading. Are you ready for what’s coming?
Schneider’s remarks have resonated with many traders anticipating a market-wide rotation toward alternative cryptocurrencies.
Breakout and support zoneAt the time of Schneider’s analysis, XRP was trading at $1.4216. Key support on her chart was identified between $1.1145 and $1.4128, directly below the then-current price and seen as a pivotal area should any correction occur. This region is considered the base from which bulls might launch a sustained rally.
XRP surpassed the wedge’s upper trendline in late August, rallying 50% in 65 hours to reach a multi-month peak of $1.68. The price has since maintained its position above both the pattern’s resistance and the top end of the crucial support range.
Ambitious target and broader contextOne of Schneider’s strongest signals comes in the form of her projected price target zone, which extends from roughly $1.50 up to $13 between mid-2026 and mid-2027. Her specific call positions XRP at $13.4357, marking a potential gain of about 845% from the current level.
A sustained upward move toward the upper target zone would, according to Schneider’s chart, imply a notable phase of strength for XRP in the next major altcoin cycle.
This target, covering a 12-month window, does not imply any shorter-term milestones. Instead, the analysis appears to link XRP’s setup to the broader trend of capital flows into alternative cryptocurrencies—a phenomenon many market watchers expect if market conditions and investor sentiment remain favorable.
With technical formations such as falling wedges and sharp trendline breakouts, many traders are increasingly turning to integrated solutions to monitor prices and manage portfolios efficiently. In a market where a single Federal Reserve decision or an unexpected new listing can cause rapid changes, using separate applications for charts, news, and portfolio management is becoming less practical. Smart traders are now using privacy-focused platforms like CryptoAppsy, which allow real-time charting, smart price alerts, and targeted news without even requiring account creation, making it easier to act on sudden technical signals.
Analyst’s broader view and outlookSchneider ties XRP’s technical setup to expectations of an upcoming rotation into altcoins, a phase sometimes characterized as “altseason.” She points to potential for double-digit prices if market conditions align, noting her belief that XRP could play a leading role in the next cycle’s gains.
Investors and traders are now watching to see if this multi-year technical breakout can gain momentum and push XRP toward the ambitious target outlined in Schneider’s forecast.
Ripple CEO Brad Garlinghouse announced that his company has allocated a significant amount of XRP tokens to Evernorth, a nearly $500 million corporate treasury fund. The fund is scheduled to begin trading on NASDAQ this week and will use XRP as its sole asset.
Ripple’s evolving strategyGarlinghouse, who leads the San Francisco-based blockchain payments firm, stated that Ripple’s product strategy has shifted towards offering more institutional solutions. He explained that these products go beyond simple “buy and hold” scenarios for digital assets, emphasizing the importance of providing broader utility to financial institutions.
Speaking at the Evernorth closing bell ceremony, Garlinghouse reaffirmed the company’s commitment to XRP as the centerpiece of its ecosystem. He also noted that Ripple is committed to building in a multichain environment, reflecting increasing industry interest in interoperability between different blockchain networks.
Ripple’s CEO emphasized that the launch of a lending protocol on the XRP Ledger builds upon the trust the company has established as a liquidity provider to institutions and supports the broader goal of integrating more complex financial services.
Garlinghouse described these initiatives as steps toward the company’s original vision of enabling seamless information and value transfer around the world. Ripple, established in 2012, aims to make global payments faster, more accessible, and cost-effective using distributed ledger technology.
Evernorth launches after mergerEvernorth, a corporate fund focused solely on XRP, completed a merger with Armada Acquisition Corporation and will move forward with its NASDAQ debut. The fund’s creation followed a unanimous merger approval by Armada Acquisition Corp. II shareholders on September 30, with all necessary regulatory filings made with the US Securities and Exchange Commission.
According to Asheesh Birla, Evernorth’s Founder and CEO, the XRPN listing offers investors regulated and transparent access to XRP through a traditional public vehicle, rather than direct token ownership. Birla said this approach could appeal to a wider group of investors seeking exposure to the cryptocurrency market in a regulated context.
Evernorth positions itself as a bridge for both retail and institutional investors to access XRP within established regulatory frameworks.
Mini dictionary: Evernorth is a corporate treasury fund recently established through a merger, designed to provide exposure to XRP via traditional financial markets such as NASDAQ.
Lending protocol and upcoming upgradesRipple has highlighted the development of a new lending protocol on the XRP Ledger (XRPL) as a major advancement. Two key proposed upgrades are being prepared for the ledger: XLS-65 and XLS-66. XLS-65 would enable the creation of liquidity pools holding a single asset, while XLS-66 would introduce support for fixed-term loans on the network.
Validator support for these proposals was reported at 60% and 54%, respectively, as of October 15, 2026, suggesting growing consensus but still short of the supermajority typically required for activation on XRPL.
These initiatives are designed with corporate investors in mind, integrating advanced risk management features. The lending proposal includes external borrower assessments outside the blockchain, as well as optional first-loss reserves to cover potential early-stage defaults.
FeatureXLS-65XLS-66FunctionSingle-asset liquidity poolsFixed-term loan supportValidator Support (as of Oct 15, 2026)60%54%Stan Chartered, a multinational banking group, recently adopted Ripple’s technology stack, reflecting institutional confidence in the infrastructure behind XRPL’s upcoming features.
Asheesh Birla described the XRPN listing as a channel for investors to gain regulated, transparent access to XRP through public markets instead of holding tokens directly.
XRP traders who bet on higher prices are mostly losing money right now. Data from Hyperliquid perpetual futures trackers shows that up to 96.1% of XRP long positions were opened above where the token currently trades.
A post on X flagged the same pattern, noting that most net-long XRP positions were entered above the current price.
A volatile few days for XRP Between October 13 and 15, 2026, XRP traded in a range of approximately $1.28 to $1.50. It then settled somewhere around $1.30 to $1.34.
As of October 15, the token’s 24-hour range ran from $1.28 to $1.39.
There is one notable exception. A large long position worth approximately $47 million was opened at around $1.13, and it has stayed profitable through the recent turbulence.
Derivatives data paints a mixed picture On OKX, XRP open interest fell by approximately 29.7% between September 22 and October 14. The count dropped from 150.4 million contracts to 105.7 million.
Yet the traders who remain are leaning heavily bullish. The long/short account ratio reached 3.6:1 by October 14, meaning 360 accounts were long for every 100 short. That reading was the highest since mid-August 2026.
The coin-margined long-position share among top traders climbed to 84.2% by October 14, up 4.8 percentage points. Coin-margined contracts use XRP itself as collateral rather than a stablecoin. That setup amplifies exposure, because a falling price hits both the position and the collateral backing it.
Why the positioning matters With up to 96.1% of Hyperliquid long entries above spot, further declines could trigger liquidations. Each forced sale adds selling pressure, which can push prices lower and threaten the next batch of positions. The 3.6:1 long/short ratio suggests there is plenty of long exposure available to unwind if things go wrong.
Broader market context suggests continued inflows into XRP exchange-traded funds and declining exchange reserves, which hints at ongoing demand outside the leveraged futures market.
XRP’s recent low sat around $1.28, and a break below that zone could test how much margin these accounts actually have. Accounts with deeper pockets and better entries, like the $47 million position opened near $1.13, have more room to ride out swings that would wipe out smaller players.
Disclosure: This article was edited by Vivian Nguyen. For more information on how we create and review content, see our Editorial Policy.
Data shared by the cryptocurrency analysis platform CryptoQuant reveals a remarkable increase in transfers by large XRP investors to Binance, one of the world’s largest cryptocurrency exchanges. In the last 30 days, the total amount of XRP sent by whales to Binance reached 1.66 billion, marking the highest level in the last seven months.
According to CryptoQuant data, 30-day whale inflows, which reached approximately 1.65 billion XRP in September, subsequently declined. However, transfers have recently gained momentum, allowing the previous peak to be surpassed. As a result, the activity of large investors on Binance has reached its highest level in the last seven months.
Large-scale transfers of XRP by whales to centralized exchanges are considered a significant indicator of potential increased selling pressure. The movement of XRP assets by large whales to exchanges could increase the amount of tokens available for sale in the market, potentially putting downward pressure on the price.
However, CryptoQuant added that the increase in transfers to exchanges does not necessarily mean that direct sales are taking place. These movements could be due to a redistribution of asset allocation among wallets or the use of different trading services offered by Binance.
According to the analysis platform, while the recent surge in whale inflows indicates that large investors are becoming active again in the XRP market, it is not sufficient on its own to determine the future direction of the price.
*This is not investment advice.
Follow our Telegram and X account now for exclusive news, analytics and on-chain data!
DUBAI, United Arab Emirates, Oct. 15, 2026 (GLOBE NEWSWIRE) -- Pepeto has announced its newest presale stage is close to selling out ahead of its deadline, the loudest headline in crypto news today, and the pace marks the kind of moment each cycle hands out once. Buyers are arriving at double last month's pace, each closing stage lifts the token price, and everyone inside wins more with every step. Three finished products are working now, a Binance listing is expected, and the raise has reached $10.845 million. Entries this early have minted listing-day millionaires before, SHIB's first buyers being the proof.
Green is spreading through the wider market: the XRP price trades near $1.37 after defending its October range, XRP ETFs just logged a thirteenth straight inflow week, and today's boldest XRP price prediction says $315. The two stories connect, and this article follows the thread.
Pepeto Announced a Near Sellout as the XRP Price Prediction Stretches to $315
The stage Pepeto announced keeps filling as the XRP price holds its $1.30 to $1.43 October range. The lawsuit era is over, XRP trades with commodity status, and banks finally have their door open: 13 straight green ETF weeks, $1.80 billion since launch per Cryptonews, while Bitcoin funds lost $681 million and Ethereum funds $542 million.
That streak is exactly what the $315 XRP price prediction feeds on, the boldest call in circulation, mapped by Finance Magnates, and we traced its math. Bitwise projects on-chain real-world assets growing from $26 billion to $200 trillion, the XRP Ledger settles about 1.75% of that market, and keeping that share means roughly $3.5 trillion through it and hundreds of billions parked in XRP. Our read: the inflow streak is this XRP price prediction's first requirement, landing on schedule.
Here the two stories meet: smart money rides XRP through the slow institutional climb and takes a presale seat beside it, the pair that turns a good year into a changed life. In this month's crypto news, Pepeto runs the presale story while the XRP price runs the large cap one.
Crypto News: Inside the Pepeto Build Pulling the Market In
Pepeto announced its numbers into a forming bull cycle, and the last cycle's lesson still stands: the biggest rewards go to whoever buys before the crowd. No large cap matches the upside of an early audited presale, every watchlist wants that one entry, and Pepeto fills the seat first.
The seat holds because the tools are real: PepetoSwap charges zero per trade, its AI layer clears every contract before listing, and it unites Ethereum, BNB Chain, and Solana, sending launch demand to whoever entered first.
The builders pull heavy wallets too: a cofounder from the Pepe ecosystem whose earlier token touched $7 billion leads it, and the community grows along the curve that minted the DOGE millionaires. How far can that curve run? Yahoo Finance followed a wallet that grew $8,000 of SHIB to a $5.7 billion peak on a token that launched empty-handed, and Pepeto adds what SHIB never had: a Binance-trained developer, SolidProof-checked contracts, and staking at 176% APY, turning curiosity into buying.
Set the timelines side by side: DOGE rewrote lives without a single product, while Pepeto pairs the same viral charge with a working exchange feeding demand after listing. Against that speed, the XRP price crawling toward a years-away target feels endless, and crypto news keeps proving a Pepeto-type setup can deliver more within weeks.
Conclusion
What Pepeto announced today, a stage nearly gone while the boldest XRP price prediction grabs headlines, is the setup cycle winners describe later: moving while others waited. The XRP price proves a large cap alone never finishes the job, and Pepeto keeps the decision easy, everything it promised is live: meme reach on real exchange utility, built to outrun even DOGE's road.
The bull run gathers force while the Pepeto window shrinks with each closed stage. Bitcoin's halving restarts the clock about every four years, so an entry skipped now waits a full cycle, not a month. One extra week of thinking priced millions out of SHIB and DOGE and kept them outside four straight years, waiting for something this rare to return. It finally has, and it is called PEPETO.
Presale access for this new crypto is available only on the Official Pepeto Website.
FAQs
Is a $315 XRP price prediction actually possible?
The $315 XRP price prediction is the boldest scenario in circulation, built on tokenized assets reaching $200 trillion while the XRP Ledger keeps its 1.75% share, per Finance Magnates. XRP ETFs back it with 13 straight inflow weeks and $1.80 billion since launch per Cryptonews.
Why does Pepeto dominate crypto news among 2026 presales?
Pepeto dominates crypto news because demand keeps emptying its stages ahead of schedule, $10.845 million raised, and three working products live. Staking at 176% APY and a SolidProof audit back that speed, and each closed stage hands the next buyer a higher price.
Disclaimer: The information provided in this press release is not a solicitation for investment, nor is it intended as investment advice, financial advice, or trading advice. Investing involves risk, including the potential loss of capital. It is strongly recommended you practice due diligence, including consultation with a professional financial advisor, before investing in or trading cryptocurrency and securities. Neither the media platform nor the publisher shall be held responsible for any fraudulent activities, misrepresentations, or financial losses arising from the content of this press release.
Ripple has joined forces with Cross River Bank to integrate RLUSD, its U.S. dollar-backed stablecoin, into the bank’s core operating system. This partnership aims to enhance institutional payment options by embedding blockchain-based RLUSD settlements into existing banking infrastructure.
Stablecoin integration targets seamless paymentsCross River Bank, a U.S.-based financial institution known for providing banking services to fintech companies, announced the RLUSD integration on October 15. The move will allow businesses to settle payments at any time and transfer funds between traditional payment networks and blockchain environments.
RLUSD is set to become accessible through Cross River’s proprietary Core Operating System. Transactions will gain support for the XRP Ledger, Ripple’s public blockchain protocol that enables high-speed, low-cost payments.
Businesses and fintech firms will be able to connect to RLUSD using a single API, eliminating the need to build their own blockchain infrastructure. This streamlines access to digital dollar payments for companies handling cross-border or real-time transactions.
Ripple emphasized in its public statement that RLUSD payments are now being integrated into the banking systems fintechs already rely on for their operations. The company also highlighted the benefit of 24/7 settlements and improved flexibility for intraday payment cycles.
RLUSD payments are now being embedded within the banking infrastructure fintech companies use daily, offering round-the-clock settlement and expanded flexibility for intraday payments.
According to Ripple, this integration will allow companies to handle treasury flows, cross-border transactions, and various payment networks without the complexity of multiple providers.
Broader payment capabilities for fintechsCombining RLUSD with Cross River’s established infrastructure introduces a new layer of interoperability for payment networks. Issuers and acquirers can handle intraday settlements more flexibly, leveraging both blockchain and conventional channels.
The new integration makes it possible to move funds between RLUSD and traditional U.S. dollars, supporting transfers by ways such as Automated Clearing House (ACH), wire transfers, and real-time payments—all through one banking and API platform.
This approach allows fintech companies to rapidly add stablecoin payment options to their services without building out new systems from scratch, helping them streamline operations for domestic and cross-border payments.
Adam Goller, Head of Fintech Banking at Cross River, noted that the integration will reduce reliance on multiple partners and simplify cross-border money movement.
Markus Infanger, Senior Vice President at RippleX, underlined the importance of bringing stablecoin solutions directly into banking frameworks, rather than treating them as siloed financial products.
RLUSD and the importance of the XRP LedgerRLUSD is Ripple’s stablecoin, each unit backed by cash, U.S. Treasury bills, and other liquid assets to guarantee a 1:1 peg with the U.S. dollar. Ripple maintains regular third-party attestations of these reserves.
The integration utilizes the XRP Ledger, a decentralized public blockchain that supports rapid and continuous transaction processing. On average, transactions on the XRPL finalize in three to five seconds and can be executed at any time of day.
By linking RLUSD to established banking platforms via the XRP Ledger, the partnership aims to make blockchain-based settlements accessible to businesses already using conventional financial tools. This could be particularly useful for fintech firms engaged in cross-border trade, merchant payments, and complex treasury operations.
Mini dictionary: Cross River Bank is a U.S. commercial bank specializing in real-time, API-based banking solutions for fintech companies. The XRP Ledger (XRPL) is a public and decentralized blockchain platform designed for fast, low-fee digital asset transfer and settlement.
Building on prior stablecoin initiativesCross River previously launched a stablecoin payments service in November 2025, tying digital currencies into its real-time banking system to link traditional and blockchain-based transactions.
This original platform was designed to support network settlement, merchant payouts, on- and off-ramp functionalities, and streamlined treasury management. RLUSD’s addition expands the suite of payment options available to companies operating on Cross River’s network.
Recent figures from Cross River’s latest announcement indicate RLUSD’s market cap has surpassed $2.5 billion, with over $1 billion in RLUSD issued on the XRP Ledger. This points to a growing role for RLUSD in institutional payments and settlements.
MetricRLUSD TotalIssued on XRPLMarket Capitalization$2.5 billion$1 billionThe impact of this integration will depend on the rate at which fintechs and payment networks adopt it. Currently, the service is active in only a limited set of U.S. states, so national coverage has yet to be achieved.
The expansion of RLUSD within Cross River’s core payment infrastructure aims to make blockchain settlement more accessible and efficient for a wide array of fintech partners, but actual adoption will reveal its long-term significance.
Companies already using Cross River’s banking solutions may gain a streamlined route to stablecoin settlements, reducing complexity and potentially improving settlement speed and flexibility.
Starknet asked STRK holders, through a community pool, whether the network should explore becoming an independent post-quantum Layer 1 (L1); move that could give it more control over security and data availability. It is not a vote to leave Ethereum: the poll is non-binding, and a Yes result would start research rather than trigger an immediate migration.
The case for exploring a change is that parts of Starknet’s security model still depend on Ethereum. The forum proposal says Starknet-controlled components can become quantum-resistant soon, while Ethereum-linked elements-including the bridge and data availability-remain tied to Ethereum’s timeline.
The central trade-off is greater cryptographic autonomy against the security, liquidity, bridge and ecosystem advantages of staying connected to Ethereum.
Should Starknet become an independent L1?
It's time for the community to have its say.
STRK stakers and delegaters can now participate in the first, non-binding governance vote on this potential transition 👇https://t.co/R71MnnJLcg pic.twitter.com/6pCFSlK1VU
— StarkWare (@StarkWareLtd) October 15, 2026
Trade Securely With 0% Trading Fees on MEXC
How Would An Independent Post-Quantum L1 Change Starknet? As a Layer 2 (L2), Starknet operates in connection with Ethereum rather than running every part of its own security and data infrastructure. Data availability means the information needed to check and reconstruct network activity is accessible; an L2 that relies on Ethereum for this function is affected by Ethereum’s choices and upgrade schedule.
An independent L1 could give Starknet more direct control over its own security, consensus and data availability. Consensus is the process by which a network agrees on which transactions and blocks are valid. That control could help Starknet address components that the forum proposal says remain dependent on Ethereum, but independence would also mean taking responsibility for those functions itself.
The proposal points to Starknet’s existing use of hash-based STARK proofs and native account abstraction as parts of its quantum-security starting point. Account abstraction means accounts can be governed by smart-contract logic rather than relying on one signature scheme built into the protocol; the post says user accounts can adopt post-quantum signatures without a protocol upgrade. That is a meaningful design advantage, not proof that every component is already quantum-resistant. The broader threat to blockchain signatures is explained in this overview of post-quantum cryptography.
Why Does the Ethereum Connection Matter? The security rationale is about control over timing: the proposal says Starknet’s Ethereum-dependent bridge and data-availability components follow Ethereum’s timeline, while an independent chain could control more of its own stack. But control does not come free. A standalone network would need to make its own arrangements for consensus, economic security, data availability and bridges-and prove those arrangements can work safely.
For STRK holders, the trade-off is between more autonomy and the risks of building and maintaining more infrastructure. Execution challenges, liquidity fragmentation, bridge security, tooling and the wider ecosystem could all shape how an L1 transition affects users.
Other blockchain migration proposals also show why governance approval and execution are separate hurdles; a comparable Layer 1 migration proposal offers context for the practical risks of changing a network’s direction. It does not establish what Starknet’s own transition would involve.
DISCOVER: 10+ Next Crypto to 100X In 2026
Can Starknet Actually Leave Ethereum? Starknet is exploring a path towards becoming an independent post-quantum L1.
A governance post is now live with a non-binding poll for STRK holders to share their views.https://t.co/89bUM2zTR2
— Starknet (@Starknet) October 15, 2026
The confirmed step is an exploratory, non-binding poll-not an approved Ethereum exit. If holders choose Yes, the proposal says research would begin, with more detailed proposals and polls to follow. The design and operation of independent security, consensus and data availability would remain central questions, alongside implications for liquidity, bridges and the broader ecosystem.
For now, the proposal keeps two points clear: STRK remains the token, and Ethereum bridges stay open. The poll closes after seven days, when its result will show whether holders support further research, prefer continued L2 work, or want the discussion to remain open pending answers.
DISCOVER: 15+ Upcoming Coinbase Listings to Watch in 2026
Follow 99Bitcoins on X For the Latest Market Updates and Subscribe on YouTube For Daily Expert Market Analysis.
#Altcoin News Today
Why you can trust 99Bitcoins
10+ Years
Established in 2013, 99Bitcoin’s team members have been crypto experts since Bitcoin’s Early days.
90hr+
Weekly Research
100k+
Monthly readers
50+
Expert contributors
2000+
Crypto Projects Reviewed
Follow 99Bitcoins on your Google News Feed
Get the latest updates, trends, and insights delivered straight to your fingertips. Subscribe now!
Subscribe now
Alex Ioannou
On-Chain Journalist
Alex is a seasoned cryptocurrency trader and market analyst with over seven years of active experience in the digital asset space. Since entering the markets in 2017, Alex has specialized in identifying emerging "meta" trends and high-volatility narratives. Notably, Alex... Read More
Free Bitcoin Crash Course Enjoyed by over 100,000 students. One email a day, 7 days in a row. Short and educational, guaranteed!
In This Article How Does KR1’s Dedicated Lido stVault Work?Ethereum News: What Has KR1 Launched And What Remains A Plan?Can 6,200 ETH Become Infrastructure Income At Scale? The latest Ethereum news comes from London, where KR1 launched 10 dedicated Ethereum validators on 15 October 2026. The move begins a plan to put most of its 6,200 ETH treasury to work through staking. The London Stock Exchange-listed company says the setup is intended to generate staking rewards and infrastructure income with clearer attribution than a passive ETH holding alone.
The initial validators run through a dedicated Lido stVault operated by P2P.org. KR1 plans to expand beyond 100 validators, but that is a future target, not the scale live at launch, and the company says full deployment depends on Ethereum’s validator entry queue.
The central question is whether KR1 can convert greater control over its staking operation into meaningful income before queue delays and operating costs shape the economics.
RNS: Launch of Dedicated Ethereum Validators
KR1 plc today announces the launch of its own dedicated Ethereum validators on @LidoFinance stVaults, in collaboration with @P2Pvalidator.
This further delivers on the broader operational strategy and reinforces KR1 as the only… pic.twitter.com/1mGHW2iC6e
— KR1 plc (@KR1plc) October 15, 2026
EXCLUSIVE: Unlock AI Trading Strategies and Best Crypto AI Trading Bots With BloFin
How Does KR1’s Dedicated Lido stVault Work?
Ethereum validators are computers that help check transactions and secure the network. In return, they can earn staking rewards and network fees. Rather than simply depositing ETH into a shared staking arrangement, KR1 has placed its validators in a dedicated Lido stVault, with P2P.org operating the validator infrastructure and Lido providing the liquid-staking middleware.
KR1 says it retains control over the vault’s settings, including deposits and withdrawals, validator fee arrangements, optional stETH minting, and roles and permissions. That control is intended to give the company more oversight of its staking operations and the income it retains after fees.
Optional stETH minting could provide liquidity while ETH is staked. In broad terms, stETH represents staked ETH and can be used in supported on-chain applications; minting it is an option in KR1’s arrangement, not a claim that the company has already done so.
For a general explanation of how Ethereum staking can generate rewards, the key distinction is that yield comes with operational and market risks as well as potential returns.
Ethereum News: What Has KR1 Launched And What Remains A Plan? KR1’s announcement sets out a clear gap between the live deployment and its intended end state. Ten validators have launched; the company aims to scale beyond 100 and stake a large majority of its 6,200 ETH position over time.
The company said the initiative follows an operational strategy first outlined in its October 2025 prospectus.
A target of more than 100 validators is not evidence that KR1 already operates that many, and a plan to stake most of its treasury does not establish that the full 6,200 ETH is being deployed now. The RNS announcement also does not quantify expected rewards, fees, operating costs or net income, so investors cannot yet assess the economics from the disclosed figures alone.
In practice, expanding the validator set means more than moving a balance into a staking interface. Validator operations require ongoing uptime and involve risks such as downtime and slashing penalties; KR1’s announcement does not quantify those exposures.
Ethereum’s validator capacity and operating demands are part of the wider context for any expansion, but they do not establish a specific delay for KR1.
DISCOVER: 16+ New and Upcoming Binance Listings in 2026
Can 6,200 ETH Become Infrastructure Income At Scale? KR1 presents the arrangement as a way for public-market investors to gain exposure to on-chain infrastructure income through the company. P2P.org’s Ethereum Senior Product Manager Amir Kahoori described the dedicated setup as allowing per-validator accountability without commingling funds in a shared pool. That is the operator’s characterization of the structure, not a guarantee of higher returns or zero operational risk.
Lido’s Head of Institutional Relations Kean Gilbert characterized KR1 as the first publicly listed company to launch its own branded validators on Lido stVaults. The RNS also describes P2P.org as having more than $10 billion in assets secured. They operate across more than 40 proof-of-stake networks and serving over 190 institutional clients, while reporting a zero-slashing track record.
These are company-provided background figures, not independently verified performance measures in the announcement.
The launch confirms that KR1 has started its operating model, but it does not settle how quickly the company can scale or what the treasury will earn. Broader Ethereum news may shape the environment for validator operators, but it does not substitute for KR1’s own deployment data or financial disclosures.
The next material evidence will be the pace of entry into the validator set, progress beyond the initial 10, and any figures the company provides on realized rewards and retained income.
DISCOVER: 15+ Upcoming Coinbase Listings to Watch in 2026
Follow 99Bitcoins on X For the Latest Market Updates and Subscribe on YouTube For Daily Expert Market Analysis.
#Altcoin News Today
Why you can trust 99Bitcoins
10+ Years
Established in 2013, 99Bitcoin’s team members have been crypto experts since Bitcoin’s Early days.
90hr+
Weekly Research
100k+
Monthly readers
50+
Expert contributors
2000+
Crypto Projects Reviewed
Follow 99Bitcoins on your Google News Feed
Get the latest updates, trends, and insights delivered straight to your fingertips. Subscribe now!
Subscribe now
Alex Ioannou
On-Chain Journalist
Alex is a seasoned cryptocurrency trader and market analyst with over seven years of active experience in the digital asset space. Since entering the markets in 2017, Alex has specialized in identifying emerging "meta" trends and high-volatility narratives. Notably, Alex... Read More
Free Bitcoin Crash Course Enjoyed by over 100,000 students. One email a day, 7 days in a row. Short and educational, guaranteed!
Stablecoins can live on almost any blockchain. Over the past 90 days, most of their volume still flowed through one family of networks.
According to a report from Ethereum Institutional dated October 15, 2026, $16.75 trillion in stablecoin transfer volume settled on Ethereum mainnet and its layer-2 networks between July 15 and October 12, 2026. That works out to 77% of the $21.55 trillion in stablecoin transfers recorded across all networks over the same stretch.
The data comes from Token Terminal.
Where the money actually moved
The most interesting detail sits inside the total, in the breakdown by network.
Ethereum mainnet settled $7.1 trillion in stablecoin transfers during the period. Base, the layer-2 network, settled $8.5 trillion. Optimism handled $0.8 trillion, and a collection of other Ethereum layer-2s accounted for the remaining $0.35 trillion.
Base alone accounted for more than half of the Ethereum ecosystem’s $16.75 trillion total. The report places that result within a broader mid-2026 pattern: users and capital drifting toward lower-cost layer-2 networks, with Base capturing larger slices of the stablecoin transfer market.
Not exactly your morning coffee
Ethereum Institutional says the volume is driven mainly by large institutional transfers and DeFi-related flows. That includes flash loans and liquidity provision, not pure payment activity.
The report also notes that no new protocol launches or issuer-specific announcements occurred during the period. The volumes reflect ongoing trends rather than a sudden change in market structure.
Why the share matters more than the size
A 77% share of transfer volume signals that Ethereum’s ecosystem remains the default venue for serious stablecoin flows. The remaining 23% of volume, spread across other networks, represents a meaningful amount of activity. Ethereum’s lead is substantial. It is not a monopoly.
What this means for investors and builders
The Base figure complicates the story in an interesting way. Value captured by layer-2 networks does not necessarily flow back to Ethereum mainnet in proportion to the activity. A trillion dollars moving on Base generates fees on Base first.
For builders, stablecoin users appear to care about cost, and they are willing to leave mainnet to save on fees while staying inside the Ethereum ecosystem. Applications that ignore layer-2 networks may be missing where a large share of the activity now happens.
Disclosure: This article was edited by Estefano Gomez. For more information on how we create and review content, see our Editorial Policy.
The Starknet community has begun voting to determine whether to explore a transition to a self-contained, quantum threat-resistant Layer 1 structure. The vote, which opened today and will last seven days, is non-binding.
At the heart of the proposal is the argument that a portion of Starknet’s security is tied to Ethereum’s infrastructure and update schedule. Specifically, the Ethereum bridge and data accessibility scheme are described as dependencies that Starknet cannot change on its own.
In contrast, it is argued that Starknet’s hash-based STARK proofs and computational structure provide an advantage in post-quantum security research. The standalone network option aims to bring more of this research directly under Starknet’s control.
The community announcement stated that regardless of which path is chosen, the existing token will remain STRK and no new tokens will be issued. It was also stated that the bridges from Ethereum to Starknet will remain open.
A “yes” vote won’t mean the network will immediately separate from Ethereum. First, research will begin, followed by detailed proposals and new votes. A “no” vote would mean that post-quantum security work will continue within the existing Layer 2 structure.
The chart shows the recent increase in STRK price.
*This is not investment advice.
Follow our Telegram and X account now for exclusive news, analytics and on-chain data!
TLDR Starknet launched a seven-day STRK governance vote on October 15, with voting scheduled to close on October 22. The non-binding vote asks holders whether to research becoming an independent layer-1 blockchain. StarkWare targets quantum resistance by 2027, while Ethereum targets broader protection by December 2029. Early voting showed 99.9% support by voting power for further research, with the poll still open. StarkWare has proposed no migration date, and STRK would remain the network’s native token under either approach. Starknet opened a seven-day vote on whether to study becoming an independent layer-1 blockchain rather than relying on Ethereum. The non-binding poll runs October 15-22.
STRK stakers and delegators can support research, oppose it, or request more information. The ballot does not approve a network change or set a date.
Starknet vote gives holders three choices The governance proposal offers Yes, No, and Neutral options. A Yes result would start research and further votes, not an immediate switch.
A No result would keep quantum security work within Starknet’s Ethereum layer-2 structure. A Neutral outcome would leave discussion open while the community seeks answers.
The Starknet Foundation says STRK would remain the network’s token under either approach. Bridges connecting Ethereum and Starknet would stay open. Developers have not published a migration timetable.
Quantum security drives the layer-1 debate StarkWare says Starknet’s proof system already uses cryptography designed to withstand quantum attacks. However, its bridge and data posted to Ethereum still depend on Ethereum’s upgrades.
In an October 8 X post, Starknet said it was considering layer-1 status and targeting quantum resistance by 2027. StarkWare also introduced Shadow Accounts for private DeFi activity this week.
Ethereum has a post-quantum roadmap, targeting full protection across core layers by December 2029. That is a target, not a guaranteed delivery date. Current quantum computers cannot break Ethereum’s cryptography.
StarkWare called an independent chain its clearest path in an October 10 X post. Its June roadmap identified Ethereum bridges and data availability as outside dependencies.
STRK price reacts as debate continues The poll follows a sharp STRK price rally on October 11. The token gained more than 50% in 24 hours before retreating. Price movements do not indicate how holders will vote.
By 14:40 UTC on October 15, 293 ballots represented 179.8 million STRK in voting power, with 99.9% supporting research. Final results will appear after the poll closes, without approving a transition.
Other companies are examining quantum risks. Coinbase published a Bitcoin post-quantum security plan, urging developers to prepare before powerful quantum computers arrive. Its recommendations concern Bitcoin, not Starknet’s governance vote.
Moving to layer 1 would require Starknet to manage security and settlement without Ethereum. The design, costs, and transition steps remain open for later governance votes. No final independent network design or timeline has been published.
The cryptocurrency market saw its largest wave of forced margin position liquidations since August during the overnight session on October 15, as a sharp price drop triggered the closure of leveraged positions across major digital assets.
Massive liquidations sweep through the marketDaily liquidation volume across the market reached $939.3 million, with data from CoinGlass showing that holders of long positions accounted for $791.62 million, or 84.3%, of the total losses. Significant price declines led to a rapid unwinding of speculative positions in the derivatives market, reducing overall leverage.
Bitcoin and Ethereum traders bore the brunt of the liquidations, losing $215.49 million and $286.11 million respectively. The largest single liquidation involved a long position in the BTC-USDT trading pair on Binance, valued at $12.03 million and executed at a price of $80,208.96. Binance, the world’s largest cryptocurrency exchange by trading volume, was responsible for 52.3% of all closed orders during the episode.
Altcoins favored by retail investors also suffered, with XRP, NEAR Protocol, and Dogecoin recording daily forced closure volumes of $12.82 million, $12.32 million, and $12.18 million respectively. For the altcoin sector, which had seen steady gains in recent months, this event marked the first significant correction in an extended period.
AssetLiquidations ($ million)Ethereum (ETH)286.11Bitcoin (BTC)215.49XRP12.82NEAR Protocol12.32Dogecoin (DOGE)12.18Mini dictionary: CoinGlass is a digital asset analytics platform that provides real-time data on cryptocurrency derivatives, including liquidations, open interest, and funding rates.
Technical dynamics and recovery signalsDespite the intensity of the liquidations, technical indicators suggest that the move did not signal a broader shift in market trend. Bitcoin’s price briefly dipped to the area of its 50-day moving average, approximately $81,000, before attracting strong buying interest. The psychological level of $80,000 served as a floor, and the longer-term 200-day moving average support remained lower at $72,000, reinforcing the current bullish structure.
A rapid rebound soon followed, including a short squeeze that saw prices for BTC and ETH swiftly recover. Panic selling among retail traders resulted in many opening short positions near the local low, only for these to be liquidated as prices bounced back. Within just one hour, Bitcoin sellers lost $15.94 million, representing 95.2% of all hourly liquidations for the asset, while Ethereum short sellers saw $19.41 million in losses. Short sellers in NEAR and Dogecoin faced similar wipeouts as the market quickly reversed.
Currently, funding rates for leading perpetual futures contracts remain positive, between 0.005% and 0.009%, indicating continued mid-term bullish sentiment among market participants even after the cleanout of excessive leverage.
Ongoing sentiment in the aftermathThis liquidation event underscored both the volatility inherent in highly leveraged crypto derivatives and the resilience of bullish sentiment at key technical levels. Market observers note that while periodic sharp corrections are common in crypto markets, the rapid absorption of sell pressure and recovery in prices suggest that investors retain confidence in the prevailing uptrend.
Long liquidations reached $791.62 million out of the total $939.3 million in the latest wave, with Ethereum and Bitcoin traders facing the largest losses. Binance executed over half of all closed positions, underscoring its dominant role in the market’s liquidation dynamics.
Most founders spend their careers making themselves indispensable. Vitalik Buterin keeps making the case that Ethereum should be able to run without him.
The Ethereum co-founder has again stressed that the protocol can progress without his direct involvement, as more community members take on responsibility for its core values. He made the point most recently at the Network State Conference 2026 in Singapore on October 9. It is a theme he has returned to repeatedly this year.
What Buterin said in Singapore
Buterin used the Singapore stage to describe a shift toward a widely distributed leadership model across the Ethereum community.
He also linked that shift to technology. Buterin said AI could speed up the “Lean Ethereum” roadmap, a planned overhaul meant to make the protocol more efficient.
Lean Ethereum is not a minor patch. The proposal aims to replace significant core components of the protocol, which makes it one of the more ambitious engineering projects in the ecosystem.
A smaller Ethereum Foundation, by design
In May, he said the Ethereum Foundation (EF) should become smaller and concentrate on a narrow set of core properties.
Those properties are censorship resistance, open source development, privacy and security. Everything else, in his framing, is fair game for other ecosystem participants to pick up.
Buterin also said at the time that his own personal influence would diminish.
He has described the EF as just one node among thousands in the Ethereum ecosystem.
The walkaway test
Buterin has a name for the standard he wants Ethereum to meet: the “walkaway test.” The idea is that the protocol should keep functioning through external contributions, even if any single team or person stopped showing up.
He emphasized Ethereum’s ability to pass that test at the 4th Hong Kong Web3 Festival on April 20, 2026.
Recent discussions in the community have also put weight on external support from key players across the ecosystem.
Not a new idea for Buterin
Back in 2021, at the “AskVitalikBA” conference, Buterin made the same basic point in plainer terms.
“Ethereum will exist with or without Vitalik Buterin.”
Concerns about how the EF would restructure as community involvement grew were already visible around that time.
What has changed is the specificity. In 2021, the idea was a philosophical statement. In 2026, it comes with a defined list of EF priorities, a named test, and a technical roadmap that Buterin thinks AI could accelerate.
What this means for Ethereum’s stakeholders
Buterin is actively trying to remove himself from that equation. If the walkaway test holds up in practice, Ethereum’s long-term story rests more on the depth of its contributor base than on any one name.
A smaller EF also changes the competitive dynamics inside the ecosystem. Work the foundation chooses not to do creates openings for other teams, companies and research groups.
The things to watch are concrete. One is how quickly the EF follows through on narrowing its focus to censorship resistance, open source, privacy and security. Another is which outside players step in to take on work the foundation sheds. A third is whether Lean Ethereum’s milestones actually arrive sooner, as Buterin suggests AI might allow.
Disclosure: This article was edited by Estefano Gomez. For more information on how we create and review content, see our Editorial Policy.
October 15 brought announcements spanning crypto market such as XRP Ledger payments, Bitcoin mining, Ethereum staking and institutional trading. Today’s roundup covers eight updates announced on the day, including developments involving BTC, ETH, SOL and Ripple’s ecosystem.
Cross River Gives Fintech Clients an RLUSD Payment Option
Cross River’s fintech customers can now use RLUSD for international transfers and settlement at any hour, alongside conventional banking services. Announced on October 15, the arrangement with Ripple brings these payment options together through one API, with stablecoin transactions processed over the XRP Ledger. Access remains limited to selected U.S. states.
Ripple Prime Adds Institutional Trading Across More Than 100 Markets
Ripple announced that institutional clients can now trade real-world asset perpetual swaps through Ripple Prime, covering more than 100 reference markets across stocks, indices, ETFs, commodities and currencies. The swaps reference Trade.xyz perpetual futures on Hyperliquid and support trading and settlement throughout the week, including weekends. Clients can also use RLUSD as collateral, subject to availability in their jurisdiction.
BitFuFu Launches Tokenized Bitcoin Mining Product
BitFuFu and Finloop announced HASH, a tokenized note giving eligible investors exposure to the financial output of Bitcoin mining. Returns are denominated in BTC, allowing investors to participate without operating mining equipment themselves. Finloop supplies the tokenization infrastructure, while profit distributions are recorded on-chain.
Lido Adds Direct ETH Staking From Four Layer 2 Networks
Lido announced that its staking interface now supports ETH held on Arbitrum, Base, Linea and Optimism. The feature uses Chainlink’s Cross-Chain Interoperability Protocol to handle transfers behind the scenes, removing the need for users to bridge funds manually to Ethereum and back. Users receive wrapped staked ETH, or wstETH, on their starting network.
KR1 Targets 6,000 ETH Through Its Own Staking Setup
P2P.org will handle KR1’s validator operations, while the London-listed company keeps authority over deposits and withdrawals. The October 15 rollout places an initial 10 validators in a separate Lido stVault, with plans to stake as much as 6,000 ETH in the near term as Ethereum’s entry queue permits. KR1 can also obtain liquidity by minting stETH against the ETH committed to its vault.
Solana Treasury Firm Raises CHAD’s Planned Dividend Rate to 14%
DeFi Development Corp. announced that the annual dividend rate on its CHAD preferred stock will increase from 13% to 14%. Based on the security’s $10 stated amount, annual dividends would rise from $1.30 to $1.40 per share, with business-day payments subject to board declarations. The company said proceeds from future CHAD issuance would support expansion of its SOL treasury.
Starknet Opens Vote on Exploring an Independent Blockchain
Starknet opened a seven day, non-binding poll asking STRK holders whether research should proceed into becoming an independent, quantum-resistant Layer 1 blockchain. A positive result would trigger further research and proposals rather than authorize an immediate departure from Ethereum. The proposal states that STRK would remain the network’s token and that bridges with Ethereum would stay open.
Australia’s ASIC Proposes Standards for Digital Asset Platforms
Australia’s securities regulator released a consultation on implementing the country’s digital asset framework. Its proposals cover asset custody, transaction and settlement standards, and financial requirements for digital asset and tokenized custody platforms. Feedback is due by November 27, 2026, and the proposed standards remain subject to revision.
Bitcoin rebounded to $82,000 as the 10-year U.S. Treasury yield fell sharply to 5.09% after surging to 5.36% following yesterday’s hotter-than-expected CPI report.
Notable Statistics:
Coinglass data shows 173,758 traders were liquidated in the past 24 hours for $929.17 million. SoSoValue data shows net outflows of $261.5 million from spot Bitcoin ETFs on Wednesday. Spot Ethereum ETFs saw net outflows of $129.5 million. In the past 24 hours, top gainers include Akedo, Starknet and Pyth Network. Notable Developments:
Bitcoin Bounces Above $82,000 as XRP, Solana Flash Buy SignalsHyperliquid Looks Beyond Bitcoin to Nvidia and Oil: Can PURR Benefit?Watch $77,000 for Bitcoin Bull Market Confirmation, Crypto Expert SaysXRP Drops 5% to $1.30: What Is Going On?Bitcoin Stuck Between $80,000 and $88,000: Which Level Breaks First?Dogecoin Flashes Buy Signal Near $0.08 Support: Is a Rebound Ahead?Ripple Expands Institutional Trading With Real-World Asset Swaps Across 100 MarketsTrader Notes:
Crypto analyst Lennaert Snyder noted that Bitcoin swept liquidity below $80,000 after the New York open before staging a strong recovery, confirming his earlier bullish setup.
He identified $83,000 as immediate resistance, with a breakout potentially pushing Bitcoin toward $85,000, where significant buy-side liquidity and liquidations remain.
While $83,000 could offer a shorting opportunity if prices face strong rejection, Snyder prefers $85,000 for new short positions following the liquidity sweep below $80,000.
Digital asset platform, Bitfinez noted that Bitcoin whales accumulated roughly 60,000 BTC since late August, primarily between $80,000 and $86,000.
He suggested that the low-$80,000 range could emerge as strong support if whales continue holding their accumulated Bitcoin through the current market pullback.
Image: Shutterstock
Read Next
Market News and Data brought to you by Benzinga APIs
The crypto market regained momentum in the third quarter of 2026 after several months of decline. According to the latest report from CoinGecko, its total market capitalization increased by 39.6%, driven notably by Ethereum and flows into Bitcoin ETFs. However, this recovery is not accompanied by an equivalent return in trading activity. Spot volumes are declining, while leveraged positions are increasing. This disparity raises several questions for the coming months.
In brief
Crypto market capitalization increased by 39.6% in the third quarter of 2026, according to CoinGecko.
The market reached 3,000 billion dollars on September 21, before closing at 2,960 billion.
Ethereum surged 71%, exceeding Bitcoin’s 42.7% increase over the quarter.
Spot volumes on the ten major centralized platforms fell 14.2% to 1,650 billion dollars.
Open positions on perpetual contracts increased 40.6%, exceeding 100 billion dollars.
The crypto market regains positive momentum in the third quarter
The CoinGecko quarterly report reveals a significant change in market development. Between July and September 2026, total capitalization gained 840.1 billion dollars, an increase of 39.6%. This represents the best quarterly result since the fourth quarter of 2024. It also ends three consecutive quarters of decline. Despite this rebound, the market has not yet erased all losses accumulated since January.
The crypto market oscillates between 2,100 and 3,000 billion dollars capitalization in the third quarter of 2026, while trading volumes evolve over the months. Source: CoinGecko.
Total capitalization surpassed 3,000 billion dollars on September 21. It then slightly declined to finish the quarter at 2,960 billion dollars. This evolution shows that prices quickly returned to an upward trajectory over the summer. However, investors did not increase their trading at the same pace. CoinGecko thus notes that price increases outpaced market participation growth.
Average daily volumes confirm this gap between prices and activity. They reached 73.3 billion dollars in the third quarter, a decrease of 8.6% compared to the previous quarter. This is the third consecutive decline of this indicator. However, trading gradually regained strength between July and September. Their daily average rose from 57.7 billion dollars in July to 94.8 billion in September.
This difference between valuation and activity is a central element of the quarterly report. Indeed, a price increase does not necessarily mean more investors are participating in trading. The crypto market thus presents a real recovery but still incomplete commercially. Upcoming data will help verify if this trend continues. They will also help measure the rebound’s strength beyond mere price changes.
August concentrates most of the crypto market’s increase
August played a decisive role in the quarterly growth. Total market capitalization rose 21.8% during this period, adding 489.8 billion dollars in value. This gain represents more than half of the increase recorded between July and September. The market thus showed a progression highly concentrated over a few weeks. This concentration invites analysis of events accompanying the movement.
According to CoinGecko, two factors notably supported this evolution. The U.S. Treasury announced its intention to at least double its long-term government bond purchases. Simultaneously, U.S. spot Bitcoin ETFs continued to record net capital inflows. These flows helped support demand for digital assets. Their evolution remains important to understanding if the movement can continue.
The political calendar also marked the quarter. On September 15, the U.S. Senate rejected the CLARITY Act in a decisive procedural vote. This event could have changed market participants’ expectations. Yet the report states this setback did not strongly slow price progress. Capitalization retained much of its gains until the end of September.
Despite these results, the annual balance remains less favorable. Total capitalization is still down 4% since early 2026. The rebound is thus significant quarterly but not yet enough to erase the prior decline. Moreover, the concentration of gains in August raises questions about their sustainability. The fourth quarter will need to show if financial flows and economic conditions continue to support valuations.
Ethereum surpasses Bitcoin while Hyperliquid sets a record
Ethereum is among the quarter’s main winners. Its price rose 71% to reach 2,684 dollars, according to CoinGecko figures. Over the same period, Bitcoin gained 42.7%, finishing the quarter at 83,576 dollars. This difference places ETH ahead of BTC among the main studied cryptocurrencies. It also marks the end of three consecutive quarters of decline for Ethereum.
Ethereum’s price declined from 2,966 dollars early in the year to 1,569 dollars in June before rising to 2,684 dollars in September 2026. Source: CoinGecko.
This outperformance had already appeared in July. At that time, Ethereum showed an increase of about 22%, compared to nearly 9% for Bitcoin. Financial flows then reinforced this momentum. U.S. spot Ethereum ETFs attracted 3.1 billion dollars in the third quarter. These inflows compensated for all outflows recorded during the first half of the year.
However, ETH’s price progression contrasts with the decline in its trading activity. The average daily trading volume decreased by 23.2%, reaching 11.5 billion dollars. Furthermore, the Glamsterdam upgrade, expected during the quarter, did not occur in this period. Investors must therefore distinguish price performance from the network’s technical and commercial developments. These indicators do not necessarily follow the same trajectory.
Hyperliquid’s HYPE token also recorded notable growth. It gained 40.5% in four days to reach 82 dollars after a statement from Donald Trump on August 19. The U.S. President indicated Michael Selig, Chairman of the CFTC, was working on introducing Hyperliquid in the U.S. market. The token then reached an all-time high of 98 dollars on September 23.
Hyperliquid (HYPE) shows strong growth in 2026, reaching an ATH of $98 before stabilizing around $91. Spot trading volumes indicate sustained activity in the market. Source: CoinGecko.
Another element concerns Payward, Kraken’s parent company. It plans to use its CFTC-regulated entities to offer U.S. clients perpetual futures contracts on Hyperliquid directly on blockchain. This initiative remains subject to regulatory approval. It could open new trading possibilities if authorities allow it. For now, this prospect is not yet a definitively approved service.
Crypto platforms show mixed developments
The third quarter also saw activity shift toward new networks. Robinhood Chain launched to the public on July 1 and generated more than 88.9 billion dollars in trading volume. CoinGecko categorizes these operations as decentralized exchanges, or DEX. The network averaged 9.5 million daily transactions during the quarter. This result ranks it third among the most active chains based on the data presented.
Robinhood DEX reaches $3.5 billion daily volume in September 2026, while transactions peak at 26.9 million in August. Source: CoinGecko.
Robinhood Chain aims notably to facilitate access to tokenized stocks and real-world assets. However, memecoin trades played a significant role in its initial activity. Daily DEX volume rose from 1.3 million dollars on July 1 to 3.5 billion on September 4. The report associates this increase notably with the memecoin Cashcat and launchpads like Pons. It also notes that most new tokens launched failed to meet expected success.
At the same time, centralized platforms saw a decline in spot volumes. The top ten platforms accumulated 1,650 billion dollars, down from 1,930 billion in the second quarter. This 14.2% decrease shows that price recovery did not trigger a general rise in trading. July was the low point, with 443.6 billion dollars, before a rebound to 712.3 billion in August.
Binance strengthened its position during this period. The platform captured 42.7% of quarterly spot volume, up from 38.7% in the previous quarter. According to CoinGecko, it remains the only platform in the ranking to exceed a 10% market share. Upbit grew 83.9% in September, but its volume fell 33.7% over the quarter. Bitget exited the top 10 after a hack in September.
Leveraged positions exceed 100 billion dollars again
While spot volumes decrease, perpetual contract markets show the opposite trend. Open positions on the ten major centralized platforms increased 40.6% in the third quarter. They thus surpassed 100 billion dollars at the end of September. This is a return to this level for the first time since the third quarter of 2025. This evolution shows operators have increased their exposure on derivatives markets.
The return above this threshold comes after a previous attempt, quickly interrupted. Open positions briefly exceeded 100 billion dollars on January 14 and 15 but did not hold this level. The movement in September thus marks an important difference by closing the quarter above the threshold. However, this increase is not uniform across all platforms.
Binance maintains spot trading dominance in 2026, ahead of OKX and Coinbase, on centralized exchanges (CEX) market. Source: CoinGecko.
Binance contributed to this growth with an increase of 12.7 billion dollars in its open positions. Conversely, KuCoin and Deribit recorded respective decreases of 41.2% and 18.9%. These differences highlight dynamic gaps between platforms. CoinGecko describes an uneven recovery rather than a generalized growth across the entire derivatives market.
Binance contributed to this growth with an increase of 12.7 billion dollars in its open positions. Conversely, KuCoin and Deribit recorded respective decreases of 41.2% and 18.9%. These differences highlight dynamic gaps between platforms. CoinGecko describes an uneven recovery rather than a generalized growth across the entire derivatives market.
The fourth quarter must confirm the rebound’s strength
CoinGecko’s report ends on September 30, but early October data already provides new insight. According to a BlockchainReporter report published October 10, Robinhood Chain’s daily transactions fell 42% during the first week of the month. Their average dropped from 10.8 million in mid-September to 6.2 million. This decrease indicates a slowdown after the strong summer growth.
The weekly spot trading volume on blockchain also declined. It fell 21% compared to the previous week, reaching 7.45 billion dollars. These numbers come from growthepie data relayed by CoinDesk, not CoinGecko. Thus, these series should not be directly compared as they do not rely on the same source. Nevertheless, they provide complementary indications on activity evolution after September.
Financial and regulatory conditions are other elements to watch. More than half of quarterly gains stem from August, marked by the U.S. Treasury announcement and Bitcoin ETF inflows. If these factors evolve, they could alter market growth pace. Likewise, Payward’s plan regarding perpetual contracts on Hyperliquid remains subject to regulatory approval. Its possible implementation will depend on competent authorities’ decisions.
U.S. regulation could also influence leveraged products’ evolution. On October 5, the CFTC presented a proposal concerning crypto leveraged trading for individuals. This consultation notably considers the possibility for some platforms offering perpetual contracts to register as designated contract markets. However, the proposal is not yet final. Its development could clarify access conditions to these products in the U.S.
In the fourth quarter, main indicators to monitor will be total capitalization, spot volumes, and open positions on derivatives markets. If trading rises alongside prices, the rebound could gain amplitude and participation. Conversely, a further drop in volumes would limit signs of a generalized recovery. With capitalization still 4% below its early-year level, the crypto market will need to confirm its ability to maintain its gains. Upcoming quarterly data will determine if price increases finally accompany a lasting return of activity.
Maximize your Cointribune experience with our "Read to Earn" program! For every article you read, earn points and access exclusive rewards. Sign up now and start earning benefits.
Join the program
A
A
Lien copié
Ghiles A.
Journaliste et rédacteur web passionné par l’univers des cryptomonnaies et des technologies Web3. J’y traite les dernières tendances et actualités afin de proposer un contenu de haute qualité à un large public du secteur.
Russia has banned direct peer-to-peer (P2P) cryptocurrency trading, as well as retail transfers to self-custody wallets. Bank of Russia announced the update to the comprehensive crypto regulations signed into law by President Vladimir Putin in August.
Russia restricts P2P trading and crypto self-custodyFollowing the bans, crypto traders now have a grace period until July 1, 2027. Thereafter, the central bank will prohibit P2P trading in its entirety, replacing it with trading through state-licensed intermediaries.
The second part of the guidelines prohibits individuals from moving their cryptocurrencies out of regulated wallets and into non-custodial or self-custodial wallets. These include hardware wallets such as Ledger and Trezor, and software wallets such as Trust Wallet and MetaMask.
The state-licensed intermediaries or regulated custodians in this context include Russia’s largest state-owned commercial bank, Sberbank, and VTB. The nation’s central bank and primary crypto regulator recently authorized both entities to offer crypto custodial and exchange services.
Limits, exceptions and permitted cryptocurrencies Notably, the crypto regulations that went live on September 1 mandated a mandatory crypto risk knowledge test before trading legally.
Under that law, investors are split into two:
Non-qualified investors: their annual crypto purchase is limited to 300,000 rubles (roughly $3,840). They can only purchase Bitcoin (BTC), Ethereum (ETH), and Tether (USDT), which the Bank of Russia considers highly liquid digital assets.Qualified investors: they include institutions and professionals, and they enjoy unlimited crypto purchasing power as long as they are certified.Additionally, using cryptocurrencies as a form of legal tender is illegal. Mined cryptocurrencies can be circulated as long as they originate from licensed domestic miners.
On a foreign scale, Russians can trade and hold cryptocurrencies abroad if they use foreign bank accounts and make the necessary tax reports.
And while crypto use remains highly controlled locally, Russia has freed up the use of cryptocurrencies for cross-border import-export transactions to bypass international sanctions.
Most social media comments criticized the stringent and tight regulations, saying they go against the basic decentralization and permissionless ethos of blockchain and cryptocurrencies.
Story Ends Here
Trust with CoinPedia:CoinPedia has been delivering accurate and timely cryptocurrency and blockchain updates since 2017. All content is created by our expert panel of analysts and journalists, following strict Editorial Guidelines based on E-E-A-T (Experience, Expertise, Authoritativeness, Trustworthiness). Every article is fact-checked against reputable sources to ensure accuracy, transparency, and reliability. Our review policy guarantees unbiased evaluations when recommending exchanges, platforms, or tools. We strive to provide timely updates about everything crypto & blockchain, right from startups to industry majors.
Investment Disclaimer:All opinions and insights shared represent the author's own views on current market conditions. Please do your own research before making investment decisions. Neither the writer nor the publication assumes responsibility for your financial choices.
Sponsored and Advertisements:Sponsored content and affiliate links may appear on our site. Advertisements are marked clearly, and our editorial content remains entirely independent from our ad partners.
According to Yu Jing Monitoring, a whale address (0x30afce2f6842bf183c7e3fe7162e279ff0b6393e) opened a maximum-leverage long position worth $187 million four hours ago. The position includes 1,822 BTC (valued at $150 million) with an entry price of $82,409 and a liquidation price of $80,634, plus 15,270 ETH (valued at $37.33 million) with an entry price of $2,455 and a liquidation price of $2,406. The whale’s most profitable previous trade netted $14.8 million: it opened a long position in NEAR at $2.14 in late August and took profits at $4.88 in late September.
The world's largest meme token by market capitalization, Dogecoin has continued to face a steady price downturn since the new month began.
Amid this prolonged market volatility, the meme token has continued to witness increased sell pressure from traders who have begun to trade with caution.
Did this whale just sell?As of October 15, onchain monitoring firm Whale Alert showcased data revealing that it had spotted a Dogecoin whale transferring 300 million DOGE to the world's largest crypto exchange by volume, Binance.
HOT Stories
According to the data, the transfer happened in a single transaction worth about $24.1 million as DOGE was trading at around $0.0803 at the time.
You Might Also Like
While the transfer comes amid the ongoing October crypto market downturn, it has drawn attention from market participants who are watching closely to observe the behavior of traders, especially large holders.
Considering the timing of the transfer, the move has been perceived as a potential sell attempt, as it is commonly believed that tokens are often dumped on crypto exchanges like Binance to be sold.
Dogecoin price outlookIt is noteworthy that transactions like this alone do not typically confirm that a whale or the sender intends to sell the tokens.
As such, it is quite uncertain whether the move would have a potential impact on the price movement of Dogecoin, as it may be neither a bearish nor a bullish move.
Regardless, the transfer tends to briefly increase the amount of DOGE tokens available for sale on the exchange, which does not paint a positive outlook for DOGE's price.