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XRP trades near $2.83 as bullish momentum builds. Charts show rising RSI, price compression, and a $4 breakout target in focus. XRP was trading around $2.83 at press time, with a 24-hour volume of $4.7 billion. The asset is slightly higher on the day but still shows a 7% drop over the last week. Traders are watching key chart levels as momentum builds around major resistance zones. Long-Term Chart Builds Case for Higher Targets Analyst EGRAG CRYPTO shared a monthly chart showing both price and RSI moving in the same direction. The price trend is climbing steadily, with a…

The Bank of Russia is reportedly allowing select commercial banks to enter the crypto market under strict supervision. Officials say capital restrictions and transparency rules are essential to prevent systemic risk and regulatory blind spots. Summary Russia is reportedly allowing select commercial banks to handle crypto under strict capital and transparency rules to limit systemic risk. The decision builds on an experimental 2025 crypto regime permitting wealthy individuals and corporations to use digital assets for cross-border settlements. The move comes amid mounting sanctions and ruble instability, as Russia explores controlled crypto adoption to ease financial pressure. According to a local…

María Corina Machado, a human rights activist and political opposition leader in Venezuela who has called Bitcoin a “lifeline” for Venezuelans, received the 2025 Nobel Peace Prize for promoting democracy in the South American country.Machado praised Bitcoin (BTC) as a pro-freedom technology in a 2024 interview with Alex Gladstein, chief strategy officer at the nonprofit Human Rights Foundation. She said:“Some Venezuelans found a lifeline in Bitcoin during hyperinflation, using it to protect their wealth and to finance their escape. Today, Bitcoin bypasses government-imposed exchange rates and helps many of our people. It has evolved from a humanitarian tool to a…

Hedera Hashgraph’s HBAR token came under heavy institutional selling pressure over the 24-hour trading period ending October 10, with prices fluctuating within a volatile 6% range between $0.21 and $0.22. Despite early resilience that saw HBAR climb toward intraday highs near $0.22, the digital asset reversed sharply in the final trading hour, as institutional investors initiated broad-based selloffs that erased earlier gains.Trading data pointed to exceptional activity during this selloff, with volumes surging to 262.49 million—nearly six times higher than the session’s 47.32 million average. Analysts identified the 3:00 PM hour on October 10 as the inflection point, where the…

The NFT fantasy sports platform is switching from L2 StarkEx to Solana, promising faster, cheaper, and more open ways to trade player cards. Sorare, a blockchain-based fantasy sports game where fans can collect NFT player cards, is once again changing its home, this time migrating from StarkEx to Layer 1 chain Solana.In an announcement on Oct. 8, Sorare described the migration from StarkEx, an Ethereum Layer 2 scaling solution, as “more than a technical upgrade,” calling it a “step forward in our vision to become the most open and flexible platform for digital sports collectibles.”In its FAQ section for the…

On Thursday, a single user on the decentralized trading platform Hyperliquid lost about $21 million after a private key leak led to an exploit involving the platform’s Hyperdrive lending protocol.According to blockchain security company PeckShield, the attacker targeted 17.75 million DAI (DAI) and 3.11 million SyrupUSDC, a synthetic version of the USDC stablecoin used within Hyperdrive, and subsequently bridged the stolen funds to Ethereum.PeckShield has not confirmed how the private key was compromised.Source: PeckShieldAlertThe exploit comes amid rapid growth for Hyperliquid, which has attracted significant attention due to its points-based rewards program designed to boost liquidity and user participation. The…

Major rally or the end of the bull run: what is next for BTC? The price of the leading digital asset has lost some steam after hitting a new all-time high above $126,000. However, one crucial indicator suggests a new parabolic move could be knocking on the door. Major Move in the Next 100 Days? The technical analysis tool in question is Bitcoin’s weekly Bollinger Bands, which consist of upper and lower boundaries that show how far the price moves away from its average. According to X user Tony “The Bull” Severino, the lines have recently tightened to record…

New financial products bring with them familiar risks, and blockchain-issued investment funds are not immune. Assets in blockchain-based funds have nearly tripled in a year – from $11.1 billion to nearly $30 billion. New entrants VanEck, Fidelity, BNP Paribas, and Apollo recently launched on-chain investment funds. Others are coming.Blockchain-based and digitally-native securities products have the potential to be the next big investment trend, leveraging the technology to create lower cost, faster, and more efficient financial products. But as history shows, investors need to be vigilant not to succumb to the same trappings that defined past manias.The SPAC boom, non-traded REITs craze,…

Crypto commentator Zach Rector argues that XRP’s months-long malaise is nearing a turning point, contending that selling pressure has largely run its course and that a fresh wave of institutional demand is lining up on the other side of the ledger. “XRP sellers are exhausted,” Rector said in a video analysis published late on October 9, adding that “the downside action and the consolidation that we’ve seen over the past few months is coming to an end and the suits are now getting ready to sell it with slideshow presentations.” Reasons To Be Bullish On XRP Rector’s central thesis is…

Nasdaq-listed wealth and asset management services provider Prestige Wealth is rebranding to Aurelion Treasury to launch the Nasdaq’s first Tether Gold-backed corporate treasury as more Wall Street companies explore digital asset offerings.To launch Nasdaq’s first Tether Gold (XAUT) treasury, the company announced the closure of a $100 million Private Investment in Public Equity (PIPE) financing round from anchor investor Antalpha Platform Holding Company and other accredited investors, including TG Commodities S.A. de C.V. (Tether), the company said Friday.The company also secured a three-year, $50 million senior debt facility from Antalpha Management, bringing its total funding to $150 million, according to…