Day: November 3, 2025

Michael Saylor’s Strategy Starts November With $45m Bitcoin Purchase

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Michael Saylor’s Strategy added another 397 Bitcoin worth about $45.6 million, but the company’s buying pace continues to slow compared to its pre-October accumulation streak. Strategy acquired 397 Bitcoin (BTC) worth $45.6 million last week at an average price of $114,771 per coin, according to a Monday filing with the US Securities and Exchange Commission. This brought its total holdings to 641,205 BTC, acquired for $47.49 billion at an average price of $74,047 per coin, with a Bitcoin yield of 26.1% year-to-date (YTD), according to a Monday X post from…

Not All RWA growth Is Real, And The Industry Knows It

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Opinion by: Aishwary Gupta, global head of payments and RWAs at Polygon Labs Most of the eye-popping RWA numbers making headlines are smoke and mirrors. Unless the industry course-corrects, it risks eroding the institutional trust it has spent years trying to build. Every week brings another announcement claiming billions in tokenized assets. When institutional investors request basic details, however, the answers become mysteriously vague.  OpenAI was forced to distance itself from Robinhood’s claim that it was offering access to tokenized stock, clarifying that this did not represent real equity in…

Ripple launches digital asset spot prime brokerage for US market

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Key Takeaways Ripple launched a digital asset spot prime brokerage for US-based institutional clients. The service enables OTC spot transactions via Ripple’s new prime brokerage platform. Share this article Ripple today launched its Digital Asset Spot Prime Brokerage, enabling OTC spot transactions for US-based institutional clients through its newly established prime brokerage platform. The service integrates XRP and RLUSD, Ripple’s stablecoin, to facilitate institutional trading and provide liquidity for digital asset transactions in the US market. Ripple completed its acquisition of Hidden Road and rebranded it as Ripple Prime, establishing…

Strategy acquires 397 Bitcoin at $114,771

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Key Takeaways Strategy acquired an additional 397 Bitcoin for $45.6 million. The company continues its aggressive Bitcoin treasury accumulation strategy via regular purchases. Share this article Strategy, a business intelligence company pursuing an aggressive Bitcoin treasury strategy, acquired 397 Bitcoin for $45.6 million, according to a Monday announcement. The purchase continues the company’s emphasis on its Bitcoin yield approach through regular acquisitions funded by capital-raising methods like ATM programs. Analysts have reaffirmed positive outlooks on Strategy’s stock, highlighting its Bitcoin holdings as a key driver of long-term value. There has…

Is XRP the New Bitcoin? Why Wall Street Is Buzzing About Its ETF

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Key takeaways XRP ETF talk has moved from Crypto Twitter to Wall Street trading desks. Analysts say the first few months of inflows could top $1 billion. SEC rule changes have streamlined spot crypto fund listings. Approval isn’t guaranteed, but momentum is building fast. Talk of a spot XRP (XRP) exchange-traded fund (ETF) has shifted from Crypto Twitter to real trading desks. Two factors are driving it. First, ETF specialists Nate Geraci and Bitwise chief investment officer Matt Hougan say the market is underestimating demand for a spot XRP ETF.…

DeFi Protocol Balancer Hit By Multimillion-dollar Exploit

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Update Nov. 3, 10:42 am UTC: This article has been updated to include a section on Berachain’s emergency hard fork. Update Nov. 3, 9:47 am UTC: This article has been updated to add the latest figures, Balancer’s white hat bounty offer and comments from Nicolai Sondergaard, research analyst at Nansen. Update Nov. 3, 9:21 am UTC: This article has been updated to include a section on the Balancer flash loan attack from 2020. The decentralized exchange (DEX) and automated market maker (AMM) Balancer has been exploited, with more than $116…

Drop to $2 Next or Breakout Brewing?

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XRP drops to $2.40 as analysts track Wave 5 correction toward $2. ETF hopes and long-term structure still support a bullish setup. XRP has fallen to $2.40 after a 5% drop over 24 hours and 8% decline over the past week. The recent pullback began from the $2.70 level, which analysts mark as the top of a correction phase. As the asset approaches key support zones, short-term pressure continues while longer-term patterns remain intact. Correction Nearing Key Support Zone Analyst ChartNerd shared that the current drop aligns with the…

Analyst Bashes Calls For Bitcoin-Like Prices

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The belief that XRP could someday trade between $10,000 and $50,000 continues to circulate across social media, often justified by claims that the token will underpin the global financial system. However, not everyone in the crypto space is buying into that dream. A respected market analyst known as ChartNerd has pushed back strongly against such projections, calling them “nonsense.” This comment, as expected, led to a wave of reactions among members of the XRP community, especially those who are really locked in firmly into such ultra-bullish projections. Analyst Says $10,000-$50,000…

Standard Chartered CEO Says ‘All Money Will Be Digital’

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Standard Chartered’s CEO made comments predicting the end of cash and the digitization of all money at the Hong Kong FinTech Week 2025.  During the event, Standard Chartered Group Chief Executive Bill Winters said that the bank shares a common belief with the Hong Kong leadership that all transactions will eventually be settled on the blockchain.   “All transactions will settle on blockchains eventually, and all money will be digital,” Winters said, framing the shift as nothing less than a “complete rewiring of the financial system.” He added that while there’s…

Berachain validators halt network for emergency hard fork to fix Balancer V2-related exploits

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Key Takeaways Berachain validators halted the network to address security vulnerabilities linked to Balancer V2. An emergency hard fork was coordinated by the Berachain core team and developers. Share this article Berachain validators today halted the network for an emergency hard fork to address Balancer V2 exploits affecting the blockchain’s ecosystem. The halt specifically targets vulnerabilities in Balancer V2, a decentralized protocol facing recent exploit risks within integrated ecosystems. BEX, a Berachain-native exchange platform, was among the components affected by the protocol vulnerabilities. Berachain has paused honey minting and related…