Day: November 6, 2025

XRP Wallet Surge Hints at Price Stability: Is a Bottom Near?

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Key takeaways: Over 21,000 new XRP wallets were created in 48 hours, the fastest growth in eight months. Record decentralized exchange transactions coincided with XRP’s price weakness, hinting at non-organic activity. Whale wallet outflows have stabilized after $650 million in selling, suggesting a potential bottom formation for XRP. XRP (XRP) closed Tuesday’s daily candle at $2.20, its lowest level since July 4, before rebounding by 16% to $2.40 from the monthly lows of $2.06 on Thursday. Despite the relief rally, the altcoin continued to struggle to regain bullish dominance, as…

Modular Infrastructure for Institutional Onchain Strategies

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[PRESS RELEASE – New York, USA, November 6th, 2025] New vault architecture introduces standardized rails for DeFi and CEX strategies, anchored by stETH as the flagship asset. Mellow today announces the launch of Core Vaults, a next-generation vault architecture designed to give institutions and curators a programmable surface for building and deploying on-chain structured products. Opportunities to generate yield across DeFi protocols and centralized exchanges are plentiful, but the landscape is highly fragmented and difficult for institutions to navigate. Core Vaults bring them together into a single framework with standardized…

XRP Wallet Surge Hints at Price Stability: Is a Bottom Near?

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Key takeaways: Over 21,000 new XRP wallets were created in 48 hours, the fastest growth in eight months. Record decentralized exchange transactions coincided with XRP’s price weakness, hinting at non-organic activity. Whale wallet outflows have stabilized after $650 million in selling, suggesting a potential bottom formation for XRP. XRP (XRP) closed Tuesday’s daily candle at $2.20, its lowest level since July 4, before rebounding by 16% to $2.40 from the monthly lows of $2.06 on Thursday. Despite the relief rally, the altcoin continued to struggle to regain bullish dominance, as…

Crypto Bills are ‘Like Oil for the Onchain Economy’

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Coinbase executives are urging US lawmakers to view stablecoin and market structure bills as interconnected pieces of a broader crypto regulatory framework, as Congress continues to deliberate over industry rules. Speaking to Cointelegraph at the Blockchain Futurist Conference on Thursday, Coinbase Chief Business Officer Shan Aggarwal weighed in on how a market structure bill could affect US markets. According to Aggarwal, both the market structure currently being considered in the US Senate — called CLARITY when it passed the House of Representatives — and the GENIUS stablecoin bill passed in…

Mastercard Joins Ripple, Gemini to Test RLUSD on XRPL

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The partnership aims to enable settlements using the Ripple USD (RLUSD) stablecoin for Mastercard and WebBank payments. Ripple has announced that it is collaborating with Mastercard, WebBank, and Gemini to explore the use of its RLUSD stablecoin on the XRP Ledger (XRPL). The initiative is designed to enable RLUSD to make blockchain-based payments between Mastercard and WebBank. Stablecoin Settlements to Go Mainstream Sherri Haymond, Mastercard’s Global Head of Digital Commercialization, said in a November 5 press release that the goal is to use its global network to help bring…

DeFi, Gaming Dominate Web3 Even as Activity Dips 3% in October

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Blockchain gaming and decentralized finance (DeFi) remained the most active sectors in Web3 in October, despite a 3% decline in total daily active wallets to 16 million, according to a new report from DappRadar. Web3 gaming accounted for 27.9% of all decentralized application (DApp) activity over the past month, its highest share of the year, while DeFi maintained solid engagement at 18.4%, despite market volatility and ongoing regulatory pressure. Industry Report October 2025. Source: DappRadar The most widely used DApps include Raydium, Pump.fun, Jupiter Exchange, OKX Dex and PancakeSwap v2.…

JP Morgan Says Bitcoin is Undervalued Compared to Gold

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Bitcoin is trading below its fair value relative to gold when adjusted for volatility, according to analysts at JPMorgan. The rise in gold volatility during its rally to all-time highs in October makes the precious metal riskier and Bitcoin (BTC) “more attractive to investors,” analysts said, based on the bitcoin-to-gold volatility ratio falling to 1.8, meaning BTC carries 1.8 times the risk of gold. The report read: “By taking into account this volatility ratio, which implies that bitcoin currently consumes 1.8 times more risk capital than gold, then mechanically, the…

Zcash (ZEC) Skyrockets to a 7-Year High: Can It Reach $1,000?

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ZEC is now the 22nd-largest cryptocurrency with a market cap of just under $9 billion. The popular privacy coin has become a sensation lately, with its price surging by 260% over the last month. Some industry participants have made substantial profits (at least on paper) by investing in the token, while others believe it has much more room for growth. The Next Targets Zcash (ZEC) has been unstoppable in the past few months and currently trades at around $546, the highest level it has reached since the beginning of…

Ark Invest’s Cathie Wood Lowers Long-Term BTC Top Outlook to $1.2M

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ARK Invest’s Cathie Wood has cut her long-term Bitcoin price projection by $300,000, warning that stablecoins are eroding Bitcoin’s role as a store of value in emerging markets. “Stablecoins are usurping part of the role that we thought Bitcoin would play,” Wood, who previously forecast a top BTC price of $1.5 million by 2030, told CNBC on Thursday. “Given what’s happening to stablecoins, which are serving emerging markets in a way that we thought Bitcoin would, I think we could take maybe $300,000 off that bullish case, just for stablecoins.…

Dalio Warns Fed Stimulus is Feeding Late-Stage Economic Decay

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The US Federal Reserve’s decision to ease monetary policy is inflating an economic bubble that could drive up the prices of hard assets, but also marks the final phase of a 75-year economic cycle, according to former hedge fund manager Ray Dalio. Typically, the Federal Reserve eases interest rates when economic activity is stagnating or declining, asset prices are falling, unemployment is high and credit dries up, as seen during the Great Depression of the 1930s or the 2008 financial crisis, Dalio wrote in an article posted to X on…