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XRP entered the final week of October with leverage rebuilt and a working beta to Bitcoin that can be applied to near-term ranges two weeks after the tariff shock.Aggregated XRP open interest sits near $4.4 billion and funding has normalized around neutral to slightly positive, a setup that historically favors outsized moves when shorts are forced to cover.Market context is calmer than the crash window. Data show the VIX near the mid-teens, the dollar index near 98 to 99, and the 10-year Treasury yield close to 4 percent, with the 10-year anchoring rates while positioning rebuilds.Prices at today’s London open…

In brief Approximately 1,000 Bitcoin mining machines stolen in Grant County, Indiana were recovered in the Chicago area. Authorities also thwarted a $75,000 frozen turkey theft during the same investigation. It comes as crypto mining continues to expand in the Midwest. Police in Indiana have recovered 1,000 Bitcoin mining machines stolen from a hijacked shipment of cargo in a semi-trailer in Grant County earlier this month—and, in an unusual twist, also stopped the theft of $75,000 worth of frozen turkeys during the same investigation.The mining devices, worth around $700,000, belonged to Your Choice Best Ever, a crypto mining firm with…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure With the price of Ethereum back above the $4,000 price mark following its recent rebound, crypto participants and analysts are beginning to call for the next crucial milestone, which is breaking above $5,000.  There has also been a rise in accumulation among key investors within the period, reflecting strategic positioning by these market participants. Analysts See A $5,000 ETH On The Horizon Ethereum has broken above $4,000, and the next significant milestone could be the $5,000 level, according to several forecasts emerging within the vibrant crypto community.…

JUST IN: ?? U.S. Congressman Begich says a Strategic Bitcoin reserve will tether the dollar to a scarce asset It's happening Source link

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Il mercato di Bitcoin ha appena attraversato un momento cruciale: oltre 180 milioni di dollari in posizioni short — cioè scommesse contro il prezzo di BTC — sono state liquidate in poche ore. Un evento simile, quando così concentrato, ha spesso un impatto notevole sul sentiment del mercato. Le liquidazioni forzate, infatti, avvengono quando chi aveva puntato sul ribasso viene costretto a chiudere la posizione per evitare perdite maggiori. Il risultato è una cascata di ordini d’acquisto che può spingere i prezzi verso l’alto, almeno temporaneamente. In…

Over the past year, Bitcoin’s exchange-traded fund (ETF) boom has been celebrated as proof that Wall Street has finally embraced crypto. Yet the numbers reveal something far more fragile.On Oct. 28, Vetle Lunde, head of research at K33 Research, noted that US-traded Bitcoin ETFs have attracted about $26.9 billion in inflows year-to-date.However, that headline figure hides a stark imbalance that BlackRock’s iShares Bitcoin Trust (IBIT) alone accounts for roughly $28.1 billion of those flows.US Bitcoin ETFs Flows (Source: Vetle Lunde)In other words, Bitcoin ETFs would be in net outflows this year without IBIT. The product’s relentless accumulation has single-handedly offset…

In brief Trump Media and Technology Group, in which President Donald Trump is a majority stakeholder, is working with Crypto.com to debut a prediction market. Truth Predict, users will allow users to put money on sports games, elections, and other events. A Nevada judge this month denied Crypto.com’s injunction request to block state gaming regulations in a regulatory setback for the Singapore-based firm. U.S. President Donald Trump’s media company will unveil a prediction market with Crypto.com, according to an announcement Tuesday, adding to a growing market fueled by consumers’ desire to bet on events. Trump Media and Technology Group said that…

Testnet 2.0 Goes Live Soon: Nexchain AI Rewards Its Community with a 100% Token Bonus Source link

Shares of TeraWulf (NASDAQ: WULF) jumped more than 25% Tuesday morning after the company announced a pivot to AI.  TeraWulf, one of the largest publicly traded bitcoin miners, is accelerating its shift into artificial intelligence infrastructure through a new joint venture with AI cloud provider Fluidstack.  The companies plan to build 168 megawatts (MW) of high-performance computing capacity at TeraWulf’s Abernathy, Texas, campus under a 25-year hosting agreement valued at roughly $9.5 billion in contracted revenue. TeraWulf will hold a 51% stake in the venture and retain exclusive rights to participate in Fluidstack’s next ~168 MW project on similar terms.…

In brief Securitize is eyeing a Nasdaq debut through an SPAC deal. The proposed merger would value Securitize at $1.25 billion. The firm is behind BlackRock’s $2.8 billion BUIDL fund. Securitize plans to go public by combining with Cantor Equity Partners II, in an SPAC deal valuing the BlackRock-backed tokenization firm at $1.25 billion, according to an announcement on Tuesday.The company’s common stock will trade on the Nasdaq under the ticker symbol “SECZ” once the transaction is completed, Securitize said. The firm will also issue digital representations of its stock on a blockchain, the company added.Securitize expects up to $469…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure The path cleared for Solana to list a spot ETF in the US on Tuesday, while XRP remains on the sidelines, and the decisive factor was not market cap or politics but mechanics. In a late-night breakdown, Multicoin Capital’s general counsel Greg Xethalis mapped the five boxes an issuer must tick to launch during an SEC shutdown—and why Bitwise and Canary were in position to move while (by extension) XRP issuers were not. “To launch, you need: ‘33 Act — Effective Registration Statement on Form S-1. ‘34…

A quiet but historic moment has unfolded, which may reshape how traditional markets value digital assets like Bitcoin.For the first time, a major global rating agency has evaluated a company whose borrowing model is directly tied to BTC.On Oct. 27, S&P Global Ratings assigned Strategy Inc. (MSTR) a “B-” rating with a Stable outlook.Speaking on this, Mathew Sigel, the head of digital asset research at VanEck, said:“That’s high-yield territory. Able to service debt for now, but vulnerable to shocks. “Nonetheless, the rating marks a recognition of the firm’s debt structure and the role of Bitcoin as legitimate collateral within the…