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Ken Griffin, CEO of Citadel, expressed deep concern this week over gold’s soaring price and its implications for the U.S. dollar’s role as a global safe haven, according to Bloomberg. Gold futures just breached $4,000 an ounce, marking a gain of more than 50% so far in 2025.The U.S. dollar, measured by the U.S. Dollar Index (DXY) which tracks the value of the dollar against a basket of major foreign currencies including the euro, yen, and pound has lost around 10% of its value this year and currently sits near 98.5.Griffin told Bloomberg, “We’re seeing substantial asset inflation away from…

With retail fear spiking and XRP trading around $3, analysts predict a breakout phase could ignite sooner than expected. Ripple (XRP) is beginning the week with a crucial technical setup as it tests the $3 Fibonacci support level. This zone, analysts say, could determine the crypto asset’s next major move. XRP has been consolidating around it for several days and has shown signs of price stability as it gradually builds momentum. This consolidation could be a positive sign, often preceding a breakout when support holds firm. All Eyes on $3 According to the analysis shared by CasiTrades, XRP’s ability…

Good Morning, Asia. Here’s what’s making news in the markets:Welcome to Asia Morning Briefing, a daily summary of top stories during U.S. hours and an overview of market moves and analysis. For a detailed overview of U.S. markets, see CoinDesk’s Crypto Daybook Americas.A7A5’s appearance at the recent Token2049 conference wasn’t in contravention of Singaporean law, despite being backed by a sanctioned Russian bank, highlighting the limits of the city-state’s sanctions regime, which applies only to licensed financial firms.A7A5’s ruble-based stablecoin is backed by Russia’s state-owned Promsvyazbank (PSB), an entity sanctioned by the Monetary Authority of Singapore (MAS) as well as…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure The Bitcoin Coinbase Premium Gap has continued to be at a notable green level recently, a sign that institutional traders are buying the asset. Coinbase Premium Gap Is Positive Right Now In a new post on X, CryptoQuant community analyst Maartunn has talked about the latest trend in the Bitcoin Coinbase Premium Gap. This indicator measures the difference between the BTC price listed on Coinbase (USD pair) and that on Binance (USDT pair). The former cryptocurrency exchange is the primary hub for US-based investors, particularly large institutional…

The European Union (EU) is moving to choke off A7A5, the ruble-backed token routing billions through Kyrgyzstan into European crypto markets, but available data suggests the sanctioned flow represents just 2.37% of the bloc-wide Bitcoin trading volume.As Bloomberg News reported on Oct. 6, the EU proposed sanctions on A7A5, the stablecoin issued by cross-border payments firm A7 and Russia’s state-owned Promsvyazbank (PSB).The restrictions will prohibit EU-based entities from engaging in transactions involving the token. The bloc also plans to target several banks in Russia, Belarus, and Central Asia for enabling crypto-related transactions.A7 is owned by Moldovan banker Ilan Shor and…

Railgun contributors have created a private multi-signature wallet.It will boost security for the protocol’s users.It relies on zero-knowledge proof technology.“Why are you not putting more money into privacy protocols?” That’s the question Ethereum co-founder Vitalik Buterin asked an audience during a session at the Web3Privacy Now meetup in Tokyo last month. There are two main reasons, Buterin said, answering his own question. The technology is too new and complex, and there’s no support for multi-signature wallets, a kind of multi-factor wallet that’s become a security standard in the crypto industry.Privacy protocol developers can’t do much about the first thing, Buterin…

Asset manager Canary Capital appears to be on the cusp of having its Litecoin and HBAR exchange-traded funds (ETF) approved after filing key final details, but they’re unlikely to launch while the US government is shut down.Canary filed amendments to its Litecoin (LTC) and Hedera (HBAR) spot ETFs on Tuesday, which each added a fee of 0.95% and the tickers LTCC and HBR.Bloomberg ETF analyst Eric Balchunas said in an X post on Tuesday that the additions are “typically the last thing updated [before] go-time.”He added that with the US government shut down and the Securities and Exchange Commission largely…

Bitcoin is once again dominating global markets, reaching a rare milestone that signals both strength and caution. According to CryptoQuant, 99.3% of all Bitcoin in circulation is now in profit, a level historically seen only near major inflection points. (cointelegraph.com) Analysts note that such extreme profitability often precedes brief corrections, typically ranging between 3% and 10%, as some traders lock in gains before the next leg upward. Despite that, optimism remains intact. Bitcoin’s recent climb to $125,000 and its dominance over risk markets have reaffirmed its leadership heading into Q4. Institutional appetite is strengthening too, spot Bitcoin ETFs attracted $3.2…

BlackRock, celebrated for its diverse suite of exchange-traded funds spanning decades of market trends, has a new crown jewel: its Bitcoin ETF.  The iShares Bitcoin Trust ETF (IBIT), launched just 21 months ago, is on the verge of reaching $100 billion in assets under management, making it BlackRock’s most profitable fund — outranking even products that have been in circulation for more than two decades. According to Bloomberg Intelligence analyst Eric Balchunas, IBIT currently generates roughly $244.5 million in annual revenue.  “Check out the ages of the rest of the Top 10. Absurd,” Balchunas noted on X, highlighting the speed…

Timothy Morano Oct 07, 2025 00:28 Glassnode releases the 23rd edition of ‘The Altcoin Vector’, providing professional insights into altcoin markets and high-conviction setups. In its latest release, Glassnode has unveiled the 23rd edition of ‘The Altcoin Vector’, offering a comprehensive analysis of the altcoin market. This weekly report is designed to provide professional-grade insights into one of the most volatile segments of the cryptocurrency landscape, according to Glassnode. High-Conviction Setups The report aims to identify high-conviction setups across various altcoin markets, presenting traders and investors with strategic insights to navigate the complex…