Day: October 15, 2025

Ripple partners with South Africa’s Absa Bank for institutional asset custody

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Key Takeaways Ripple partners with Absa, a major South African bank, to deliver institutional-grade digital asset custody services. The partnership strengthens Ripple’s presence in emerging markets, especially following recent collaborations in the Middle East. Share this article Ripple, a blockchain company, has partnered with Absa Bank, a major African bank, to provide institutional-grade digital asset custody services. Today’s collaboration enables secure digital asset custody solutions in the South African market. The partnership expands Ripple’s presence in emerging markets, following its recent collaboration with Bahrain FinTechBay to build secure digital asset…

South African Bank Absa Taps Ripple for Crypto Custody

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Institutional blockchain service provider and XRP developer Ripple announced a partnership with South African bank Absa on Wednesday to provide digital asset custody to the institution’s customers. According to the announcement, Absa is “Ripple’s first major custody partner in Africa.” The bank will offer its customers digital asset custody services relying on Ripple’s infrastructure for tokenized assets and cryptocurrencies. The bank is a major player on the African financial stage, managing 2.07 trillion South African rands ($119.5 billion) of assets as of the end of 2024. Absa also saw $6.34…

Why This Resistance Could Trigger Another XRP Price Crash Soon

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A recent analysis by R. Linda on TradingView shows that the XRP price is facing a tough resistance zone after its recent recovery. The market is still showing signs of instability after earlier liquidations, and both XRP and Bitcoin are now moving into areas where another correction could happen. According to the analyst, XRP’s price movement is part of a broader correction phase following a strong sell-off. While there has been some recovery, the move appears weak, and a new drop may form if XRP fails to push above resistance. …

Bitcoin Short-Term Holders Struggle to Stay in Profit Despite ‘Euphoria’

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Key points: Bitcoin’s NUPL metric repeats past bull-market tops with a move from “optimism” to “euphoria.” The Bitcoin realized cap is increasingly in the hands of short-term holders. New investors continue to get squeezed by range-bound BTC price performance. Bitcoin (BTC) may be in its “final expansion” to a blow-off top despite recent lows, new research says.  In one of its Quicktake blog posts on Wednesday, onchain analytics platform CryptoQuant showed BTC price history repeating itself. Bitcoin NUPL implies “shift from optimism to euphoria” Bitcoin is headed for its new…

‘Double Top’ Setup Warns of 30% Price Drop in October

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Key takeaways: BNB (BNB) has failed to extend its record rally, facing rejection near the $1,350 level twice in the past week, a pattern that raises the odds of a pullback in October. Double top setup raises 30% BNB correction risks BNB’s daily chart reveals a classic double top formation near the $1,350-$1,375 area, signaling potential trend exhaustion after a 95% year-to-date rally. The two peaks, shown as Top 1 and Top 2, below, mark failed breakout attempts, with the neckline support sitting around $1,100. A decisive close below this…

Bitcoin options market shows premium concentration at $115K–$130K

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Key Takeaways Glassnode data shows Bitcoin options market premium is concentrated between $115,000 and $130,000, signaling strong bullish expectations. Options traders are increasingly buying calls at these higher strikes, betting on significant potential upside for Bitcoin. Share this article Glassnode data shows Bitcoin options market activity concentrating at premium levels between $115,000 and $130,000, reflecting trader positioning for significant upside potential. The concentration at these elevated strike prices indicates sustained bullish sentiment among options traders despite recent market volatility. Bitcoin options positioning has shifted toward higher strikes with dominant call…

1,380,000 LINK Bought by Whales During the Dip: Bull Run Loading?

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Whales bought 1.38M LINK during the dip as exchange outflows rise. LINK trades near $19 while S&P partners with Chainlink on stablecoin data. Chainlink (LINK) is seeing renewed interest from large holders following a sharp drop in price. During a recent decline to around $15, whale wallets added more than one million tokens. LINK was trading near $19 at press time, up 2% in the last 24 hours, though still down over 13% over the past week. Large Holders Increase Exposure According to analyst Ali Martinez, whale wallets holding…

NFT Market Rebounds After $1.2B Wipeout in Friday’s Crypto Crash

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The non-fungible token (NFT) market showed early signs of recovery after a steep sell-off wiped out about $1.2 billion in market capitalization during the crypto market crash on Friday.  According to CoinGecko data, the sector’s overall valuation fell from $6.2 billion on Friday to $5 billion on Saturday. This erased nearly 20%, or approximately $1.2 billion, in market capitalization for digital collectibles across all blockchain networks.  However, the sector experienced a rapid recovery as crypto markets rebounded. On Sunday, NFTs reached $5.5 billion, marking a 10% gain following the crash.…

China Merchants Bank Brings $3.8B MMF Fund On BNB Chain

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A Hong Kong-based subsidiary of a major Chinese commercial bank, China Merchants Bank (CMB), tokenized its $3.8 billion money market fund (MMF) on BNB Chain. CMB International Asset Management (CMBI) has partnered with BNB Chain to bring its CMB International USD Money Market Fund onto its layer-1 (L1) blockchain, BNB Chain announced on Wednesday. The partnership builds on CBMI’s real-world asset tokenization (RWA) cooperation with Singapore-based tokenization platform DigiFT, which tokenized the fund on the Solana blockchain in August. The CMBI’s fund launch on BNB Chain came weeks after online…

Bitcoin Remains Rangebound at $113K, This AI Altcoin Explodes by 110%: Market Watch

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ZEC is also on the offensive today. Bitcoin’s price experienced some volatility over the past 24 hours, including a rejection at $116,000 and a rebound from the $110,000 support. Many altcoins have bounced following yesterday’s correction, led by a massive surge from an AI-related altcoin – ChainOpera AI’s COAI. BTC Calms at $113K Although Uptober began on the right foot with a surge to over $126,000, where BTC marked its latest all-time high, what followed was not widely anticipated. Recall the events that transpired last Friday after US President…