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As XRP price dropped below a crucial psychological support level around $1 for the first time in 2026 this week, on-chain data shows large holders, XRP Ledger (XRPL) wallets with a balance of more than 1 million tokens, have gradually increased and reached a multi-month peak. The number of XRP’s large holders was at 2,038 at press time, according to data from Santiment that Finbold analyzed on August 12. These million-XRP wallets have increased by 32 over the past three months. Number of XRPL wallets with over 1 million XRP. Source: Santiment. The recent spike in XRPL’s whales to a multi-month peak has coincided with the token’s capitulation below $1 for the first time since November 16, 2024. As such, the conviction rate among deep-pocketed investors has surged, with a likelihood of a reversal pattern happening. “When million-XRP wallets rise while market cap falls, stronger hands are absorbing panic, patience is replacing simple price-related hype, and fut...

XRP ETF launch plans moved forward on October 30 as Canary Capital filed an updated S-1 registration with the SEC, removing the delaying amendment and setting a November 13 target date. The filing gives the SEC control over timing while allowing the XRP ETF launch to proceed under the auto-effective registration method, pending Nasdaq approval of the 8-A filing. SCOOP: @CanaryFunds has filed an updated S-1 for its $XRP spot ETF, removing the “delaying amendment” that stops a registration from going auto-effective and gives the @SECGov control over timing. This sets Canary’s $XRP ETF up for a launch date of November 13, assuming the… pic.twitter.com/MKvEN23t5P — Eleanor Terrett (@EleanorTerrett) October 30, 2025 XRP ETF Launch Clears SEC Filing as Nasdaq Approval Looms Source: CryptoSlate The XRP ETF launch from Canary Capital follows a revised filing strategy that removes procedural delays. By eliminating the delaying amendment, Canary Capital positioned the fund to go auto-effect...

The number of Bitcoin ATMs installed worldwide has reached its highest level since December 2022, according to the latest data compiled by Finbold Research using figures from CoinATMRadar . At the end of October 2025, there were an estimated 39,586 active Bitcoin ATMs across the globe, marking the strongest total in nearly three years. While the figure remains slightly below the December 2022 peak of 39,989, it surpasses every month since, signaling a renewed recovery in crypto infrastructure growth after the slowdown of 2023 and early 2024. Crypto ATM installations surge over 427% month-on-month Bitcoin ATM installations recorded a significant acceleration in October 2025, with a net gain of 422 new machines, up sharply from just 80 in September, a 427.5% increase month-on-month. On a year-to-date basis, the total number of Bitcoin ATMs has climbed from 37,643 at the end of 2024 to 39,586 by late October 2025, reflecting a 5.2% expansion in global deployment ...

Mastercard is in late-stage talks to buy blockchain infrastructure firm Zero Hash for between $1.5 billion and $2 billion as the payments giant moves to expand its foothold in stablecoin settlement, Fortune reported, citing sources familiar with the matter. It said the deal would give Mastercard control of an entity that processed more than $2 billion in tokenized fund flows this year and raised $104 million in a funding round led by Interactive Brokers and Morgan Stanley in September. Neither Mastercard nor Zero Hash has publicly commented on the report, but the move underscores how competition in the stablecoin space is intensifying among leading traditional finance firms seeking faster, borderless settlement systems. A potential acquisition would mark Mastercard’s most significant push yet into blockchain-based payments, coming as rivals including Visa, PayPal, and Western Union accelerate their own stablecoin initiatives following new US regulation. Mastercard May Lose Ou...

Victoria, Seychelles, October 30, 2025 – After a long decline and investor nervousness, the cryptocurrency market has regained its footing — trading volumes are growing, institutional investors are returning, and volatility has become manageable. Against this backdrop, cryptocurrency exchange MEXC has managed not only to maintain its position but to strengthen its position. According to TokenInsight's Q3 2025 report , the platform entered the top 5 largest global exchanges with a 10.91% share of total trading volume. TokenInsight experts note that MEXC maintains momentum thanks to a balanced model. Its spot and derivatives businesses develop in parallel, without distortions, which helps the exchange grow steadily even during market swings. Where other players are losing momentum, MEXC demonstrates resilience and confidence in its strategy. TokenInsight Report Key Figures MEXC has entered the top 5 global exchanges, holding a 10.91% market share. The plat...

Ripple’s native token, XRP, reached the $2.6 mark on Wednesday after surging 8% over the past week. The leading altcoin has been on a slippery slope for a month, gradually falling to the $2.4 level every time it climbs above the $2.6 range. A latest price prediction estimates that XRP could fall to the $1.90 level by the year end in December Also Read: Ripple (XRP) Could Skyrocket This November, Here’s the Target Analysts See Ripple (XRP) Predicted To Fall to $1.90 in December Source: Coin Edition Leading price prediction firm Traders Union has predicted a bearish scenario for Ripple’s XRP. According to the price prediction, Ripple’s altcoin has more to lose than gain in the next two months. The forecast also indicates that the leading altcoin will remain on its back foot till December. The price stagnation and correction is healthy as the altcoin spike 450% in a year. Source: TradersUnion The latest and revised price prediction estimates XRP to reach a low of $1.90. T...

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Crypto market prediction platform Polymarket plans to return to the US in the coming weeks, per a Tuesday Bloomberg report. Sources tell the news platform that initial trading is likely by the end of November, but won’t be broadly available to everyone in the US right away. The news comes less than two months after the CFTC approved Polymarket to operate its market prediction platform in the US. JUST IN: Crypto prediction platform Polymarket to launch in the US "in the coming weeks," Bloomberg reports. pic.twitter.com/lXQuLGtn1I — Watcher.Guru (@WatcherGuru) October 28, 2025 The prediction platform was previously kicked offshore and paid a $1.4 million penalty in 2022 to settle allegations of illegal trading with the Commodity Futures Trading Commission. In the past year, it has grown in popularity abroad and is now set to make its official return to the US. Polymarket currently has a waitlist for users to sign up, which it said will soon be available. “We’re working hard to...

S&P Global slapped a junk rating on Michael Saylor’s Strategy, citing its heavy reliance on volatile Bitcoin and limited dollar liquidity. The credit rating agency initiated coverage of the Bitcoin treasury firm with a B- rating, six notches below investment grade, saying it has “speculative credit quality with increased default risk.” It pointed to the firm’s concentrated Bitcoin holdings, narrow business focus, and weak risk-adjusted capitalization as key weaknesses. S&P also warned of an “inherent currency mismatch,” noting that all of Strategy’s debt is denominated in US dollars while nearly all its assets are held in Bitcoin. A sharp drop in BTC’s price, it said, could force the company to sell holdings at a loss to meet obligations, creating potential liquidity stress. Saylor Lauds ‘First-Ever’ Rating For A Crypto Treasury Firm Still, Saylor took to X to celebrate the development, calling it the “first-...

The cryptocurrency market shook off weeks of October malaise, adding more than $130 billion in value over the past 24 hours to push total capitalization back to $3.89 trillion.  cryptocurrency market capitalisation. Source: CoinMarketCap Bitcoin (BTC) led the charge, rising 3.05% to $114,984, at the time of publication. The move aligns with a broader 30-day gain of 5.31%, though the latest rally carried extra bite: it coincided with confirmation of a U.S.–China trade framework deal that paused threatened tariffs and rare-earth export curbs.  Bitcoin 1-day price chart. Source: Finbold At the same time, futures markets are now pricing a 98.3% chance of a 25 basis-point Fed rate cut on October 29 after softer inflation readings. Reduced trade risk and a dovish Fed is a familiar recipe for upside, weakening the dollar and boosting the case for scarce digital assets. Technically, Bitcoin has reclaimed its 50-day EMA near $114,176 and pierced the 23.6% Fibonacci retr...

US President Donald Trump is set to nominate pro-crypto Michael Selig as the next chair of the Commodity Futures Trading Commission (CFTC). That’s according to a Bloomberg report that cited an unnamed Trump administration official.  Selig is currently chief counsel at the Securities and Exchange Commission’s (SEC) crypto task force and also a senior adviser to SEC Chair Paul Atkins. Some analysts and influencers in the crypto community have characterized him as crypto friendly. ” @MikeSeligEsq is prepared to lead @CFTC from day one with a strong understanding of crypto’s potential to position the U.S. as a financial leader for generations,” The Digital Chamber said in a post on X. We confidently support the nomination of Michael Selig as CFTC Chair. This is a critical era for crypto policy and @MikeSeligEsq is prepared to lead @CFTC from day one with a strong understanding of crypto's potential to position the U.S. as a financial leader for gene...

Changpeng Zhao (aka CZ), who was convicted for not abiding by anti-money laundering laws and violating the Bank Secrecy Act, has been granted a new legal clean slate, with President Donald Trump providing the founder and former Binance CEO a pardon. CZ was forced to resign from his executive position at the world’s biggest crypto exchange in 2023. Binance was also forced to pay the largest fine to the US government in history. The reason for the pardon wasn’t spelled out for the public. However, according to the Wall Street Journal, White House press secretary Karoline Leavitt said that Trump had “exercised his constitutional authority by issuing a pardon for Mr. Zhao, who was prosecuted by the Biden Administration in their war on cryptocurrency.” Changpeng Zhao says WSJ was paid to smear him Read more: Binance wants a Trump partnership and a pardon for CZ, report There are no laws here, only unenforceable rules What CZ’s pardon makes clear — as if it w...

Meta layoffs AI operations have hit the company’s artificial intelligence division, with the company letting go roughly 600 employees as part of what many describe as a major restructuring effort. The social media giant confirmed the Meta layoffs AI cuts on Wednesday, and the reductions affect workers across multiple teams, including infrastructure units, the Fundamental Artificial Intelligence Research unit, and various product-related positions within the Meta AI team. The Meta layoffs AI announcement came through an internal memo from Alexandr Wang, who is Meta’s Chief AI Officer and joined the company back in June following the tech giant’s massive $14.3 billion investment in Scale AI. Also Read: Alphabet (GOOGL) Eyes $30B Cloud Deal With Anthropic Amid AI Arms Race Meta AI Team Restructure Signals New Leadership Direction Source: WIRED Wang Announces Restructuring Plans Wang announced a memo to the Business Insider which was viewed as the Meta layoffs AI workforce...