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Some analysts view the current correction as an opportunity. The cryptocurrency market, which marked a new record earlier this week when the total capitalization hit $4.4 trillion, is in a free-fall state after the US President Donald Trump issued a warning against China. Ethereum is among the poorest performers on a daily scale, losing nearly 6% of value. ETH has broken below $4,100, and it’s on its way to $4,000 for the first time in a few weeks. Its weekly losses are up to 10.6%, according to CoinGecko data. Similar losses are evident from other larger-cap alts such as…

Morgan Stanley is widening access to cryptocurrency investments for its wealth management clients, CNBC reported Wednesday, in a move that signals a broader shift among traditionally cautious Wall Street institutions.Starting next Wednesday, the bank will allow its financial advisors to offer crypto investments to all clients — regardless of risk tolerance or net worth — and across all account types, including retirement plans, according to the report. Previously, the option was limited to clients with at least $1.5 million in assets, an aggressive risk appetite and a taxable brokerage account.The decision marks a major expansion for Morgan Stanley’s $8.2 trillion…

Russia is moving closer to formally integrating crypto into its financial system, as officials acknowledge widespread adoption and the central bank prepares to let banks handle digital assets under tight controls.According to a report by TASS, Deputy Finance Minister Ivan Chebeskov said around 20 million Russians now use cryptocurrencies “for various purposes,” describing them as a reality the government must address rather than resist. TASS reported that Chebeskov argued the state needs to develop domestic infrastructure both to protect users and to secure “economic and technological benefits” for the country.The scale of that adoption was highlighted by new figures TASS…

Several recent token launches have seen dramatic drawdowns, bringing to token generation event (TGE) meta into question ahead a number of high profile airdrops.CAMP, the native token of an AI-focused layer 1 blockchain, is now down by 88% since it was introduced last month, while DoubleZero’s 2Z has lost 60% of its value in just eight days.There were also notable losses for Anoma’s XAN, down by 60% in a week. XPL, arguably one of the most hyped projects of the year, slumped below its TGE price on Friday amid a wave of negative sentiment around alleged founding team token sale,…

Strategy’s market net asset value (mNAV) compared to Bitcoin (BTC) its holdings dropped to 1.174 on Oct. 10, the lowest level in almost two years.The company’s shares fell 3% to $307.95 amid broader weakness in the crypto market, translating to a market cap of $88.4 billion. Strategy is the 121st-largest US public company, holding 640,031 BTC, worth approximately $75.4 billion.As of press time, Bitcoin traded at $117,824, down by over 3% in the past 24 hours. The narrowing gap between market capitalization and underlying asset value poses a threat to the sustainability of corporate Bitcoin treasury strategies.Falling mNAV leads to…

Cryptocurrency markets showed signs of consolidation in the second week of October, even as investors continued to bet on another “Uptober” rally to new highs.Also in the news this week was the $11 billion Bitcoin (BTC) whale who returned after a two-month hiatus to transfer another $360 million in BTC, signaling a potential rotation into the world’s second-largest cryptocurrency, with an additional $5 billion left in their wallet.In another potential Uptober catalyst, the US Securities and Exchange Commission (SEC) received 31 crypto exchange-traded fund (ETF) applications, with 21 of them filed during the first eight days of October.However, the ongoing…

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…