XRP is above BNB after a substantial weekly surge. Ripple finally closed the Hidden Road deal, which became big news at the end of the week as the prime broker now goes under a different name. This and more interesting news from the past week or so will be detailed in the following article. Hidden Road and Other Big Ripple Deals Although the Hidden Road purchase, worth $1.25 billion, was initially announced in April, the actual conclusion was highlighted on Friday. In a statement on X, the Brad Garlinghouse-led…
Day: October 26, 2025
The Next Era Of Crypto Belongs To Decentralized Markets
Opinion by: Rachel Lin, co-founder and CEO at SynFutures DeFi has come a long way since the boom-and-bust cycle of 2020’s DeFi Summer. Much of the surge in the early days was fueled by experimentation, hype and unsustainably high incentives. Five years on, DeFi’s foundations look very different. The past year’s experimentation is a quiet consolidation phase, setting the stage. 2025 may be remembered as the year when DeFi surpassed centralized exchanges (CEXs). The bear market in 2023 and 2024 washed out many DeFi projects that lacked a product-market fit,…
Bitcoin Soars Above $113K as US Secretary Hints at China Trade Deal
BTC now eyes $114K after a Sunday surge. Bitcoin’s unexpected Sunday pump continues as the asset surged past $113,000 minutes ago for the first time since Tuesday. This comes following positive news from US Secretary Bessent, who noted that China is ready to make a deal that will remove the 100% tariff imposed by the POTUS. BREAKING: US Treasury Secretary Bessent says China is “ready” to make a trade deal with the US after 2 days of negotiations. Bessent says the agreement will remove President Trump’s 100% tariff set…
AWS Outage Shows Crypto’s Weak Spot: Centralized Dependence
The recent Amazon Web Services (AWS) outage that knocked out major crypto and fintech platforms, including Coinbase, Robinhood, MetaMask and Venmo, has reignited debate over how decentralized Web3 really is. While blockchains continued producing blocks uninterrupted, millions of users were unable to access wallets, exchanges and decentralized applications (DApps) because their interfaces and application programming interfaces (APIs) were hosted on centralized servers. “Decentralization has succeeded at the ledger layer but not yet at the infrastructure layer,” Jamie Elkaleh, chief marketing officer at Bitget Wallet, told Cointelegraph. “Real resilience depends on…
Kyrgyzstan Launches Stablecoin And Confirming Future CBDC
Kyrgyzstan has rolled out a new stablecoin pegged 1:1 to the Kyrgyzstani som, while confirming plans to issue a central bank digital currency and explore a digital asset reserve. The KGST stablecoin will run on the BNB Chain, and BNB (BNB) would be included in the crypto reserve if launched, according to former Binance CEO Changpeng ‘CZ’ Zhao, who attended the National Council for the Development of Virtual Assets and Blockchain Technologies’ second meeting on Friday with President Sadyr Japarov. The first meeting took place around April, when CZ became…
HYPE Explodes by 14% Daily, Bitcoin Price Eyes $112K: Weekend Watch
ZEC and JUP are the other notable gainers today. Bitcoin’s gradual increase since the post-CPI correction continued in the past 24 hours, and the asset has exceeded $112,000 for the first time since Tuesday. Most altcoins are slightly in the green, while HYPE has stolen the show with a 14% surge to $46. XRP has added 4% of value and sits at $2.65. BTC to Reclaim $112K Next? Bitcoin went on the offensive at the beginning of the business week when it surged by over six grand in hours…
Bitcoin Bulls Get a Lift Toward $113,000 Ahead of Fed Rates Decision
Key points: Bitcoin brings upside volatility into the weekly close with a charge through $112,000 resistance. Traders hope for new local highs next as the BTC price recovery continues. The US Federal Reserve is tipped to cut interest rates again next week. Bitcoin (BTC) challenged $112,000 into Sunday’s weekly close as traders hoped for new local highs. BTC/USD one-hour chart. Source: Cointelegraph/TradingView Bitcoin eyes traders’ targets in fresh volatility Data from Cointelegraph Markets Pro and TradingView indicated that a range-bound BTC price action characterized the weekend. A late rebound on…
CZ’s Pardon Followed Costly Binance Lobbying in Washington
Former Binance CEO Changpeng “CZ” Zhao’s pardon by US President Donald Trump came after an extensive and expensive lobbying campaign in Washington. Zhao, who served a four-month prison sentence last year for violating US Anti-Money Laundering (AML) laws, benefited from a months-long effort by Binance and its legal team to win over key figures in Trump’s orbit, according to a Sunday report by Politico. In late September, Binance hired Ches McDowell, a close associate of Donald Trump Jr., and his North Carolina-based firm Checkmate Government Relations to lobby the White…
XRP Open Interest Returns To May 2025 Low — New All-Time High Soon?
According to the latest on-chain data, XRP’s open interest has returned to a low similar to the one seen in May 2025. Below is the potential implication for the XRP price. Derivatives Activity Sees Significant Dip — What This Means In a Quicktake post on the CryptoQuant platform, on-chain analyst PelinayPA delved into the underlying activity within the XRP derivatives market and how it could affect the altcoin’s price in the coming weeks. Related Reading The analyst’s report revolved around results obtained from the Open Interest metric, which tracks the…
Bitcoin whale accumulates $356.6M in BTC
Key Takeaways The wallet starting with “bc1qd3” accumulated $356.6M in Bitcoin in just five hours, marking one of the largest recent accumulation events by a single address. The accumulation trend mirrors broader whale behavior, with more coins being transferred from exchanges to private wallets during market volatility. Share this article A Bitcoin whale identified as bc1qd3 accumulated $356.6 million worth of Bitcoin over a five-hour period today, representing one of the largest rapid accumulation events by a single address in recent months. The massive purchase reflects broader whale activity patterns…