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The United Kingdom’s (UK) Financial Conduct Authority (FCA) has initiated a lawsuit against cryptocurrency exchange HTX, which is owned by controversial crypto investor Justin Sun, alleging violations of UK financial promotion regulations.

On Wednesday, the FCA announced that it had filed civil proceedings in London’s High Court against HTX, previously known as Huobi, for allegedly breaching Britain’s financial promotions regime. According to the FCA’s website, HTX is not authorized to operate within the UK.

HTX Remains On FCA’s Warning 

A spokesperson for the FCA told Reuters the regulator’s commitment to protecting consumers and maintaining the integrity of the UK financial markets. 

“We have seen crypto firms respond positively to our financial promotions rules and regulations. However, we will not hesitate to take action against firms that appear to breach our rules,” the spokesperson stated.

The legal filings name defendants including “persons unknown” who are currently managing promotions on behalf of HTX cryptocurrency exchange across various social media platforms. 

Despite positive regulatory changes in the country following the US leadership in establishing a new framework for the growth and adoption of digital assets, HTX has been on the Financial Conduct Authority’s (FCA) warning list of unauthorized firms since October 2023. The FCA advises consumers against engaging with the exchange.

Notably, the FCA has accelerated crypto application approvals in an attempt to mull the US more favorable regulatory environment for cryptocurrencies and firms of the industry, with already five firms approved to operate in the country since April of this year. 

Under UK law, firms marketing crypto asset services to consumers, including those based overseas, are required to register with the FCA in compliance with money-laundering regulations. 

In October 2023, the Financial Conduct Authority introduced new rules governing the promotion of crypto assets, aligning their marketing with other types of financial promotions.

Justin Sun’s Latest Moves In Crypto

Founded in 2013 and registered in the Seychelles, HTX claims to have over 47 million registered users globally, with more than nine million identified as trading users, according to the company’s website. 

Despite his controversial moves, which have recently included a key role in the Trump family’s crypto ventures, Justin Sun — a billionaire Chinese entrepreneur and the founder of the decentralized blockchain platform Tron (TRX) — acquired HTX in 2022.

Sun is a major supporter of President Donald Trump’s decentralized finance (DeFi) platform World Liberty Financial (WLFI), having invested approximately $90 million in Trump-related tokens. 

Notably, a wallet labeled “SUN,” identified by blockchain analysts as belonging to HTX, has emerged as the top holder of President Trump’s official memecoin launched in January of this year. 

Featured image from DALL-E, chart from TradingView.com 

After two weeks of a disappointing run, Ethereum (ETH) is once again capturing institutional interest as major funds and asset managers step into the smart-contract platform.

According to recent data, Bitmine Immersion Technologies purchased approximately $251 million worth of ETH, adding 63,539 tokens to its portfolio and bringing its holdings to over 3 million ETH ($13 billion).

Institutional Capital Flows Bolster Ethereum’s Bullish Case

BlackRock’s clients have added $41.91 million in Ethereum, marking another sign of growing institutional adoption.

These inflows come as Ethereum breaks out of a descending trendline pattern and parallels the rally seen in gold, with ETH’s correlation to gold reaching 0.7 in Q3 2025, driven by ETF inflows and DeFi-driven growth.

On-chain metrics further reinforce this accumulation narrative. Wallets are moving more ETH off exchanges, signaling long-term holding behavior, while tokenization and DeFi usage on Ethereum’s network continue to expand meaningfully.

Institutions appear to be treating Ethereum not just as a speculative bet, but increasingly as a foundational infrastructure asset, particularly given Ethereum’s post-Proof-of-Stake upgrade energy efficiency and suitability for ESG mandates.

Ethereum Holds $4,100 Resistance, Eyes on $4,440

From a technical vantage, Ethereum is testing the key resistance zone near $4,100–$4,440. Analysts like Ali Martinez point out the recent breakout of the descending trendline provides a bullish structural shift, but only if support levels remain intact.

The most critical support lies near $3,800, with a deeper fallback to $3,600 if momentum fades. A sustained move above $4,440 could unlock a run toward $4,800–$5,000, provided institutional flows and macro conditions align.

Conversely, a close below $3,800 would weaken the momentum thesis and potentially invite a retracement toward $3,560 or lower.

With ETF flows, macro liquidity, and network fundamentals converging, Ethereum is showing a rare blend of structural strength, but execution is key. The near-term jury is out until Ethereum closes decisively above $4,100 with volume confirming the move.

Cover image from ChatGPT, ETHUSD chart from Tradingview

The Hong Kong SFC has just approved the first Solana spot ETF, allowing the altcoin to join the ranks of Bitcoin and Ethereum.

ChinaAMC To List First Solana Spot ETF In Hong Kong

As reported by the Hong Kong Economic Times, the Securities and Futures Commission (SFC) has approved the first Solana spot exchange-traded fund (ETF) in Hong Kong. A spot ETF is an investment vehicle that allows investors to gain exposure to an underlying asset without having to directly own it. In the case of a cryptocurrency like SOL, this means that traders can invest without having to hold actual tokens on the blockchain.

Hong Kong approved spot ETFs for Bitcoin and Ethereum in April 2024. The BTC products followed three months after they were approved in the US by the Securities and Exchange Commission (SEC), but the Chinese city led the way with ETH products. The same dynamic appears to be playing out again. With the US government currently facing a shutdown that has frozen SEC operations, Hong Kong’s SFC has beaten the American regulator to approving a Solana spot ETF.

The spot ETF, issued by Chinese asset management company ChinaAMC, is set to launch on October 27th. It will be available in three trading lots: HKD, RMB, and USD. Each is equivalent to 100 tokens of the cryptocurrency. ChinaAMC previously launched Bitcoin and Ethereum spot ETFs on the Hong Kong stock exchange as part of the initial wave of approvals granted by the SFC in April 2024.

Over in the US, several SOL ETF filings are waiting to be processed, but with the current government shutdown, it’s unclear when they will finally be reviewed. Other altcoins like Dogecoin and XRP have also seen their filings similarly delayed.

Speaking of the US spot ETFs, Bitcoin funds witnessed a notable amount of inflows on Tuesday, as data from SoSoValue shows.

In total, the Bitcoin spot ETFs captured net inflows of about $477 million, breaking the trend of outflows from the last week. Ethereum funds also saw the incoming of capital, but their inflows of $141 million weren’t as significant as those of BTC products.

As mentioned before, spot ETFs allow investors to gain exposure to a cryptocurrency’s price movements without directly having to own tokens on the blockchain. For traditional traders unfamiliar with digital asset exchanges and wallets, this quality can make these vehicles a convenient entry point into the asset.

Bitcoin and Ethereum funds were able to tap into a new market in this way, and the same could potentially happen with Solana. That said, it only remains to be seen how demand for SOL spot ETFs will end up looking.

SOL Price

At the time of writing, Solana is trading around $186, down 8% over the last week.

Attorneys for Sean “Diddy” Combs told a US federal court they will appeal his conviction and the 50-month prison sentence handed down after his trial. They filed a formal notice of appeal on Monday and are expected to file the full appeal papers soon.

Diddy: Legal Outcome And Sentence

According to court filings and public records, a jury convicted Combs on two counts of transportation to engage in prostitution, while clearing him on two other charges, sex trafficking and racketeering.

Judge Arun Subramanian imposed a 50-month prison term, a $500,000 fine, and five years of probation. At sentencing, the judge said a substantial term was needed so that abuse of women “is met with real accountability.”

Combs had asked for a 14-month sentence so time already spent in custody would lead to a quick release. Prosecutors had pushed for more than 11 years. At the hearing, Combs told the judge, “My actions were disgusting, shameful, and sick.” He said he got “lost in excess” and asked for mercy while apologizing to two women who testified against him.

Sean ‘Diddy’ Combs has filed a notice of appeal in his federal criminal case following his conviction and sentencing in New York. The legal move indicates he is challenging the court…https://t.co/kztoafXP5A#Diddy #LegalNews #FederalCourt

— TC (@tc0888) October 21, 2025

Jury Findings And Trial Details

Reports have disclosed that Combs was arrested in September 2024. His trial ran for nearly two-months this summer and drew widespread coverage.

Witnesses described encounters that prosecutors said showed Combs used his influence in the music industry to pressure people into sexual situations.

One witness, Cassandra Ventura, said she was physically abused and coerced into encounters described in court as “hotel nights.”

Another witness who testified under the name Jane said she felt pressured even when she was unwell.

The jury’s split verdict — guilty on the transportation counts but not guilty on sex trafficking and racketeering — leaves open legal and factual fights that the defense is likely to press on appeal.

Jail Proximity And Public Interest

Another angle that attracted attention was Combs’s placement at the Metropolitan Detention Center in Brooklyn, where he was housed in the same unit as Sam Bankman-Fried, the former crypto executive convicted in the FTX case.

Sources say the two men shared dormitory-style housing and had some informal interactions. There is no public evidence linking Combs to the financial crimes at the center of Bankman-Fried’s conviction, and officials have not tied the two cases together.

Tech And Crypto Connections

Sean ‘Diddy’ Combs has taken part in several tech and crypto-adjacent moves in recent years. He was listed among investors in the banking app ECO, which raised roughly $26 million.

He joined a funding round for a hologram and virtual-communications company that was about $12 million. Disclosure documents from June 2023 tied funds linked to Combs to a stake in X Corp.

A celebrity-linked “DIDDY” meme token briefly reached a market cap near $180 million during news cycles, though links between Combs and that token remain unclear.

Featured image from SiriusXM, chart from TradingView

The Ethereum Foundation has confirmed that the upcoming Fusaka hard fork will introduce a protocol-level ceiling on how much gas a single transaction may consume, formally codified as EIP-7825. The cap is set at 2²⁴ gas—16,777,216 units—marking the first time Ethereum enforces a per-transaction limit distinct from the block gas limit. The change is already active on Holesky and Sepolia and will go live on mainnet when Fusaka activates.

In a post published October 21, Toni Wahrstätter framed the rationale in direct terms: “Starting with the upcoming Fusaka hard fork, EIP-7825 introduces a per-transaction gas limit cap of 2²⁴ (≈ 16.78 million gas).” The Foundation’s note emphasizes that while the cap bounds individual transactions, it does not alter the block gas limit; instead, it is designed to mitigate denial-of-service vectors where a single oversized call monopolizes an entire block and to improve block packing predictability as the network prepares for parallel execution.

EIP-7825 draws a clean line between transaction-level complexity and system-level throughput. Previously, exceptionally large calls could approach the full block gas target (around 45 million at times), creating timing and scheduling pathologies for builders and validators.

The new ceiling obliges workloads that would exceed 16.78 million gas to be broken into smaller, sequenced calls. The Foundation’s guidance is careful to note that “for most users, nothing changes,” since the statistical distribution of real-world transactions already sits well below the threshold; the risk surface primarily concerns batch-heavy contracts, deployment scripts, and specialized routers.

What This Means For Ethereum And Users

From a roadmap perspective, the cap is explicitly positioned as groundwork for parallel execution. The blog post connects the change to anticipated efforts such as EIP-7928 in the “Glamsterdam” era, where predictable, bounded transactions are a prerequisite for meaningful concurrency in the execution layer. By ensuring that at least several independent transactions can be packed per block—even under pathological mempool conditions—the cap reduces worst-case contention and simplifies scheduler design for builders experimenting with parallelizable execution paths.

The specification itself is spare and mechanical. EIP-7825’s abstract states the intent “to 16,777,216 (2^24) gas” per transaction, improving resilience against certain DoS vectors and making transaction processing more predictable as block limits rise. That simplicity has been part of its appeal in core-dev channels: a small, well-scoped constraint that preserves forward compatibility with more ambitious scaling work.

Debate on how to encode and communicate the ceiling has been active for months, including discussions over naming and parameterization on Ethereum Magicians and during AllCoreDevs calls. One thread summarized the core guarantee being targeted by several contributors: aligning block targets to multiples of 2²⁴ so builders can always include at least n transactions if the mempool has n eligible ones—an argument for predictability rather than raw throughput.

Operationally, the Foundation says all major clients—Geth, Erigon, Reth, Nethermind, and Besu—have implemented the change in Fusaka-ready releases, reducing cross-client divergence risk at activation. The post also stresses that eth_call semantics are unaffected and that pre-signed transactions whose gas limits exceed 2²⁴ will need to be re-signed below the cap. The upgrade path for developers is straightforward: test against Holesky or Sepolia, re-tool batch operations that flirt with the limit, and adjust gas-estimation logic and alerts so they fail fast when constructions exceed the new ceiling.

The policy context is worth parsing. Ethereum’s history has favored minimal, general-purpose constraints, deferring complexity to higher layers. EIP-7825 fits that pattern: it does not opine on what contracts should do, only that they respect an upper bound that protects liveness and prepares the execution layer for a multi-threaded future.

It also sidesteps fee-market alterations and leaves blob-space economics and block targets to other EIPs and forks. As the Foundation put it, the cap “establishes a safer and more predictable foundation for higher throughput in future forks,” a line that sums up the trade-off succinctly.

At press time, ETH traded at $3,835.

Bitcoin is struggling to reclaim higher levels as selling pressure intensifies and fear continues to dominate market sentiment. After weeks of volatile price action, the market’s recovery attempts are being met with heavy resistance, with BTC still trading below key psychological levels.

According to data from Lookonchain, the well-known trader known as the BitcoinOG (1011short) — famous for shorting the market during the October 10 crash — is once again making headlines. On-chain data shows that the whale has started dumping BTC, triggering renewed anxiety among traders and investors.

This move has reignited debate across the community, as many analysts consider this trader part of the so-called “smart money” cohort — entities known for anticipating market shifts with high precision. While some interpret the whale’s activity as a sign of further downside ahead, others argue that such events often mark capitulation points where the market absorbs final waves of selling before rebounding.

With uncertainty rising and liquidity thin, Bitcoin’s next moves will be crucial in determining short-term sentiment. The coming days could decide whether this whale’s actions confirm another leg down — or signal the last shakeout before a broader recovery phase.

Whale Activity Intensifies: The BitcoinOG Moves Millions Across Exchanges

According to Lookonchain insights, the BitcoinOG (1011short) — the trader who famously shorted the market during the October 10 crash — is once again making major moves. Since the market downturn, this whale has deposited 5,252 BTC, worth approximately $587.88 million, into major exchanges including Binance, Coinbase, and Hyperliquid. At the same time, data shows his short position on Hyperliquid has grown to 2,100 BTC, valued at around $227.8 million.

This scale of activity has drawn intense attention from analysts, given the trader’s historical accuracy in predicting market tops. Depositing Bitcoin to exchanges often signals potential selling or hedging behavior, adding to the bearish tone currently dominating sentiment. Combined with the expansion of his short exposure, it suggests the whale could be positioning for further downside or protecting gains from earlier market moves.

However, several experts have urged caution in overinterpreting these transactions. On-chain visibility only provides a partial view — these may be just a fraction of the whale’s total holdings or broader strategy. It’s possible that some positions remain hidden across other derivatives platforms, wallets, or over-the-counter deals.

This uncertainty makes the whale’s behavior both intriguing and concerning. While retail traders often react strongly to such visible movements, seasoned analysts emphasize the need for broader context — including derivatives data, funding rates, and liquidity shifts.

Weekly Chart: Support Retest as Market Faces Key Inflection Point

The weekly Bitcoin chart shows the market struggling to hold above the $108,000 region, a critical short-term support level that aligns closely with the 50-week moving average (blue line). After the sharp drop following the October 10 crash, BTC attempted a rebound but failed to sustain momentum above $114,000, signaling persistent selling pressure near the $117,500 resistance — a level that has acted as both support and resistance multiple times over the past year.

The structure now suggests Bitcoin is in a consolidation phase within a broader bullish trend, but downside risks remain elevated. If the 50-week moving average fails to hold, the next potential support lies near $100,000, which aligns with the lower range of historical demand and the March 2025 breakout zone. A break below this region could accelerate selling momentum and confirm a deeper retracement.

Conversely, reclaiming $117,500 would signal renewed strength, opening the door for a potential retest of the $125,000–$130,000 range. Overall, Bitcoin’s weekly structure remains cautiously bullish, but sustained weakness around current levels would put the broader uptrend at risk — making the coming weeks decisive for long-term direction.

Featured image from ChatGPT, chart from TradingView.com

Crypto analyst Steph has presented an interesting comparison between XRP’s 2017 bull run and its current 2025 market structure in a post on the social media platform X. 

The post, which was captured with “The $XRP playbook,” noted a repetition of its early accumulation phase that preceded its massive breakout eight years ago. The technical analysis places 2017’s surge beside the altcoin’s ongoing consolidation around the $2 price level, predicting that the cryptocurrency could be entering a familiar setup for another explosive rally.

XRP Might Repeat The 2017 Blueprint

XRP’s price action in the past few days has been defined by the cryptocurrency looking to break past $2.5. This move comes off the back of a flash crash last week, which caused the altcoin’s price to create a strong downside wick on the daily timeframe. This downside wick, on the other hand, was a quick break to the downside amidst an its price consolidation that has been dragging on since July.

Interestingly, dialing the price action many years back shows XRP has played out a similar pattern like this before. Back in 2017, the token spent months trading sideways before springing into an extraordinary vertical rally that turned it into one of the best-performing cryptocurrencies of that bull cycle. 

This trend, which was also noted in a technical analysis post by STEPH IS CRYPTO on X, looks at the possibility of the token repeating this rally again. The left side of Steph’s chart captures the 2017 price action vividly: a slow accumulation in early March followed by an almost parabolic ascent that pushed the price from fractions of a cent to above $3 within months. 

The chart highlights how the upward curvature that began around February 2017 served as the launchpad for XRP’s historic surge. By framing this as the “playbook,” Steph implies that history could be on the verge of rhyming once more.

2025 Setup: The Calm Before The Storm

The right side of the chart image above shows XRP’s 2025 daily chart mirroring that 2017 accumulation curve. The token has been oscillating around mid $2 to form what looks like a rounded bottom pattern. The annotation points to November/December as the potential turning point.

Steph’s projected path shows the token consolidating between $2.5 and $3 for the next few weeks before entering a strong vertical climb. The projection shows XRP breaking above $3 and then going on a climb that takes it far above its current price levels. The projection line on the chart extends toward $24. This means if the 2017-style pattern repeats, the altcoin could experience an unprecedented price appreciation that brings its new price range above $20. 

Steph isn’t the first analyst to look at similarities to the playbook in 2017. A similar outlook from a crypto analyst known as ChartNerd predicted a breakout to $13.5 if XRP repeats the 2017 rally.

Tether has just minted another 1 billion USDT, only hours ago, reigniting debate over stablecoin-driven liquidity flows across the crypto market. The mint comes at a crucial time — Bitcoin is struggling to reclaim higher levels after weeks of volatility, while altcoins continue to bleed as if a full-blown bear market were underway.

These mints tend to inject liquidity into exchanges, providing the capital needed for traders and market makers to re-enter positions or stabilize volatile price swings. While not always an immediate bullish catalyst, they frequently precede recoveries in market sentiment and volume.

The latest mint follows a wave of renewed uncertainty across the crypto landscape, with investors closely watching Bitcoin’s $110K level as a make-or-break support zone. Altcoins, meanwhile, are experiencing double-digit declines, raising concerns that risk appetite remains weak.

If history is any indication, this new influx of stablecoin liquidity could be setting the stage for a short-term rebound — or at least a temporary relief rally — as liquidity begins to circulate across major exchanges and derivative markets in the days ahead.

A Liquidity Wave That Could Shake the Market

According to data from Lookonchain, Tether and Circle have collectively minted over $7 billion in stablecoins since the October 10 market crash. This surge in new supply marks one of the most significant liquidity injections since midyear, sparking speculation about its potential impact on Bitcoin and the broader crypto market.

Stablecoin mints on this scale often act as precursors to major price swings. While not a direct form of buying, they indicate that fresh capital is being positioned to enter the market — typically through market makers, institutional desks, or exchanges preparing for renewed trading activity. In this context, the $7 billion influx suggests that liquidity conditions are improving after the sharp drawdown that liquidated billions in long positions earlier this month.

Related Reading: 2,496 Bitcoin Moved After Years Of Inactivity – Long-Term Holders Take Action

However, such rapid capital movement can also heighten volatility. As this liquidity begins to circulate, it can amplify both sides of the market — first triggering relief rallies as buyers re-enter, and then sharp corrections as leveraged positions unwind.

For Bitcoin, the timing is especially critical. With BTC still struggling to hold above $108K–$110K, this new liquidity could determine whether the next move is a bullish breakout or another leg lower. Historically, large stablecoin issuances have preceded upward shifts in Bitcoin’s price, but in a fragile market, they can also fuel speculative whipsaws.

Tether’s USDT Dominance Rebounds As Traders Seek Stability

Tether’s market dominance has risen sharply to around 5.06%, signaling a notable shift in sentiment as investors move capital into stablecoins amid heightened market volatility. The weekly chart shows a strong rebound from the 4.6% level, with USDT dominance now testing resistance near the 100-week moving average. This uptick coincides with the broader crypto market downturn following Bitcoin’s failure to hold key support at $110K and widespread selling across altcoins.

Historically, rising USDT dominance reflects increased demand for safety — traders exiting volatile assets and parking capital in stablecoins to wait for clearer market direction. This pattern often precedes periods of accumulation, as sidelined liquidity builds up, ready to re-enter once confidence returns.

From a technical standpoint, the structure suggests that a sustained breakout above 5.2% could extend the dominance rally toward 6%, a level last seen during previous market corrections. However, rejection here would imply stabilization and potential capital rotation back into risk assets.

Featured image from ChatGPT, chart from TradingView.com

A crypto analyst believes that XRP investors are underestimating the importance of a recent announcement by Ripple’s Chief Executive Officer (CEO), Bradley Garlinghouse, which could have major implications for the crypto company. According to the analyst, Ripple’s acquisition of GTreasury, a global industry leader in integrated SaaS treasury, and Hidden Road, a financial powerhouse, could redefine the company’s strategy and strengthen XRP’s position in the global finance sector. 

The Big Announcement XRP Investors Are Overlooking

On Monday, A crypto analyst identified as ‘RiskzTake’ disclosed in an X social media post that most XRP investors have not fully grasped the significance of Ripple’s $1 billion acquisition of GTreasury. The analyst sees Ripple’s announcement as proof that XRP is evolving far beyond its original role as a cross-border payment currency. 

According to him, this new merger positions XRP at the centre of institutional capital movement, powering everything from currency swaps to investments, deposits, and more. He noted that the connection between XRP and institutional liquidity is now more solid than ever. Hidden Road’s involvement, which clears over $3 trillion annually, also provides the essential infrastructure needed to bring all the pieces together.   

Notably, Garlinghouse confirmed the GTreasury deal in an announcement on X, calling it the gateway into a $120 trillion corporate treasury payment market still dominated by outdated systems. He explained that legacy payment infrastructure tends to trap enormous amounts of corporate capital, stifling financial innovation, and this recent acquisition is designed to unlock said trapped liquidity. 

Furthermore, the Ripple CEO noted that GTreasury has been a long-time partner to some of the world’s biggest brands, and now aims to enhance corporate treasury operations by leveraging Ripple’s blockchain expertise to help CFOs integrate stablecoins, tokenized deposits, digital assets, etc. 

Hidden Road’s Role In Ripple’s Next Growth Phase

In an official press release, Ripple outlined its long-term vision for bringing digital assets into corporate treasury management. The company explained that GTreasury’s risk management expertise and established client base will combine with Ripple’s blockchain infrastructure to give corporations real-time control over liquidity and payments. 

With Hidden Road acting as a prime broker, companies will reportedly gain access to the multi-trillion-dollar global repo market, allowing them to use idle capital more efficiently. The acquisition will also enable 24/7, real-time global transactions, which will be faster, cheaper, and more transparent than ever. Together, Ripple and GTreasury plan to offer Fortune 500 treasuries new tools to manage various digital instruments, all backed by regulatory-grade compliance and blockchain-level transparency. 

According to GTreasury CEO Renaat Ver Eecke, the new merger reflects the treasury company’s shift from simply managing capital to deploying it, perfectly aligning with Ripple’s mission to modernize global finance. The deal also marks Ripple’s third major acquisition in 2025, following its purchase of Hidden Road and Rail.

Evernorth, a company backed by players close to Ripple, said it will go public through a SPAC merger that aims to build a large, public XRP treasury. Based on reports and regulatory filings, the deal would list the new company on Nasdaq under the ticker XRPN and raise more than $1 billion in gross proceeds.

Evernorth Teams With Armada Acquisition Corp II

According to filings, Evernorth has signed a business combination agreement with Armada Acquisition Corp II (AACI). The transaction is structured as a SPAC and is expected to bring in over US$1 billion before costs and possible shareholder redemptions.

Reports have disclosed that Japan’s SBI Holdings has committed US$200 million as an anchor investor. Other backers named in the filings include Ripple, Pantera Capital, Kraken, GSR, and Chris Larsen. Asheesh Birla will lead Evernorth as CEO and will step down from his seat on Ripple’s board.

I’m proud to share that we’ve launched @evernorthxrp, a first-of-its-kind institutional vehicle built to accelerate XRP adoption. With over a decade of uptime and a rapidly growing DeFi ecosystem, XRP is well-positioned for adoption — and Evernorth is built to meet that moment.… pic.twitter.com/2YGgQsNWCd

— Asheesh Birla | CEO at Evernorth (@ashgoblue) October 20, 2025

Ripple: Plans Focus On An Institutional XRP Treasury

The stated purpose is straightforward: buy XRP in the open market and hold it on the company balance sheet while seeking yield through lending and liquidity activities. Based on reports, Evernorth’s team describes the plan as creating the largest publicly traded institutional treasury of XRP.

That makes the move different from many crypto plays that simply build products; here the asset itself is the core holding to be managed and reported publicly.

Market Reaction

Markets reacted quickly. XRP saw noticeable price swings after the announcement as traders and funds repositioned their exposure. Details in the filings show that the final amount available for XRP purchases will depend on redemptions and transaction costs, which could significantly affect the company’s buying power.

Evernorth is also expected to outline its custody and risk management framework, given the volatility associated with large token holdings. These aspects are critical since concentrated ownership can influence market movement and expose the firm to sharp changes in asset value.

Reports show the deal targets a close in Q1 2026, subject to shareholder votes and regulatory approvals. The company will need to satisfy Nasdaq listing rules and complete standard SPAC closing steps.

Some of the investors involved have long ties to Ripple and the wider crypto market, and those ties are being watched closely by regulators and market participants. The governance arrangements will be a focal point for anyone considering buying XRPN shares.

Featured image from Pexels, chart from TradingView

On Wednesday, several crypto industry CEOs participated in a roundtable discussion with Senate Democrats. The discussion focused on the Market Structure bill and the Democratic Party’s request for specific provisions in the GENIUS Act, which has already been signed into law by President Trump.

However, sources cited by market experts indicate that tensions escalated during the meeting, leading to a heated exchange between one senator and the crypto executives.

Tensions Flare Between Senator Gallego And Crypto CEOs

According to crypto reporter Eleanor Terret, the meeting began with 30 minutes of introductions from industry leaders, where attendees shared “top-level highlights” they hoped to see reflected in the Market Structure bill. 

The senators collectively expressed their commitment to advancing the legislation, emphasizing that there would be “no slow walking” and acknowledging that even Republicans have concerns regarding the current draft.

However, sources within the meeting reported that Senator Gallego representing Arizona became particularly agitated, telling the crypto CEOs: 

I’m really fucking pissed about what happened last week. Don’t be an arm of the Republican Party. They used you all and your megaphones to fuck us.

Banking Advocates Push For Stricter Stablecoin Regulations

Adding to the discussion, Senator Kennedy remarked during a GOP lunch that lawmakers need to carefully consider the banking industry’s concerns regarding market structure changes. 

“The bankers are worked up, OK? And you better take them serious as four heart attacks and a stroke,” he stated. While Kennedy did not specify the exact concerns, banking advocates have been actively pushing for stricter limits on yields and rewards for stablecoins.

In response, the crypto industry has launched a public campaign advocating for the existing laws to remain intact under the GENIUS Act.

As this situation develops, it remains to be seen how the crypto CEOs will respond and what the future holds for these bills once the government shutdown concludes.

Featured image from DALL-E, chart from TradingView.com 

Despite the ongoing wave of bearish price action for Cardano (ADA), the token appears to be attracting a notable amount of adoption and attention. Large capital is currently being moved in the leading network and altcoin, particularly from institutional players.

Are Institutions Betting Big On Cardano?

Lately, Cardano is experiencing a fresh influx of capital as the market continues to fluctuate. These massive capital inflows, which are coming from institutional investors, mark one of the most crucial turning points in its market dynamics and trajectory.

Specifically, the growing institutional activity is confirmed in the average transaction size being executed on the blockchain. Mintern, the Chief Meme Officer (CMO) of Minswap and market expert, highlighted that the network’s average transaction amount has increased to over $100,000 in the past 30 days.

According to the meme officer, the large transaction size points to aggressive accumulation from institutional investors or whales. As big investors move more money to ADA, the blockchain‘s reputation as a safe, scalable, and regulatory-friendly network is being further validated. 

What this development implies is that confidence in Cardano’s long-term potential is growing. Meanwhile, such a surge in institutional participation underscores the network’s position as a leading contender in the broader and ever-evolving blockchain landscape. Historically, whales’ movements have played a crucial role in price upswings, raising questions about whether smart money investors are positioning ahead of a breakout. 

ADA has displayed notable bullish performance this cycle when compared to other major crypto assets. In another X post, Mintern has shared a chart showing that ADA is now more bullish than Bitcoin, Ethereum, and Solana. 

Cardano is one of the top-ranked assets in the CoinDesk 20 Index, surpassing the three crypto giants following its 6.8% price increase in the last 3 days. Should the altcoin maintain its current momentum, it is likely to trigger its next breakout moment to previous highs. 

Lark Davis foresees a potential 60% surge, as ADA is about to print a daily MACD golden cross below zero. His prediction hinges on a past scenario when this signal spurred a 60% upward increase. While it gears up for the spike, Davis noted that ADA must break past a resistance zone around $0.74 to $0.77. Furthermore, the altcoin must break above a downward resistance line that began in August.

The Blockchain Dominates In Terms Of Community Support

Cardano’s position as the leading blockchain in the crypto sector is also reflected by its strong user base and community support. After its research, TapTools disclosed that the network has moved to the second spot in community support globally, a clear sign of its fast-growing active user base.

Currently, the network is ahead of Bitcoin in this metric. Fueled by developers, stakers, and enthusiasts who are committed to driving innovation within the ecosystem, Cardano’s bullish votes are positioned at 88%. With this high positive support, the blockchain is backed by one of the strongest and most confident communities in the landscape.

In the latest XRP news, Ripple is reportedly partnering with Stellar as both firms look to revolutionize the payments industry. This came as crypto pundit ProfRippl highlighted the link between both firms through the International Rescue Committee (IRC). 

Ripple Reportedly Working With Stellar

In an X post, ProfRippl revealed that Ripple and Stellar are working together. This came as the crypto pundit highlighted the IRC’s links to both crypto firms, indicating that this was what led to the partnership between Ripple and Stellar. Notably, Ripple and IRC had partnered to explore using the crypto firm’s payment services for humanitarian donations. 

Meanwhile, Stellar had once mentioned how IRC distributed cash assistance to Ukraine through its ‘aid assist’. ProfRippl then raised the possibility of other IRC’s partners adopting Ripple and Stellar’s payment services for cross-border transactions. IRC has partnered with organizations such as the Bloomberg Foundation, Google, and the Citi Foundation, among others. 

Meanwhile, ProfRippl also tried to draw a connection between Ripple and former U.K. Prime Minister Tony Blair, who reportedly has close ties with IRC’s CEO David Miliband. Based on this, the crypto pundit suggested that Ripple’s technology could easily be adopted as countries move to integrate cryptocurrencies into their payment infrastructure. 

Meanwhile, in another X post, the crypto pundit highlighted how Ripple and Stellar complement each other rather than being direct competitors. ProfRippl noted that Ripple’s XRP Ledger ensures high-assurance cross-ledger settlement while Stellar enables multi-currency routing and inclusive tokenization. 

ProfRipple further referenced articles that described Ripple and Stellar as layered architectures that serve different but complementary functions. It is worth noting that Stellar’s Jed McCaleb was one of those who created the XRP Ledger alongside Ripple’s CTO David Schwartz and Arthur Britto. 

Like Ripple, Stellar also provides cross-border payment services using its native token XLM. Meanwhile, Ripple uses XRP to power its payment services, with the altcoin serving as a bridge currency between the sender and receiver. 

Fed’s Waller Provides Major Boost For Ripple 

In another recent development, Federal Reserve Governor Chris Waller provided a major boost for Ripple, stating that the Fed staff were exploring a ‘payment account’ to support payments innovation. The payment account will give stablecoin issuers like Ripple access to the Fed’s payment rails, making their operations more efficient. 

Notably, Ripple has already filed for a Fed master account, though there is no timeline for approval. However, Waller revealed that the payment account will have a streamlined review timeline, meaning Ripple may not need to wait for approval of the Fed master account before accessing the Fed’s payment rails. This comes as the crypto firm continues to expand its services, including its relationship partnership with South Africa’s Absa to provide digital asset custody services. 

Październik często postrzegany jest jako miesiąc sprzyjający rynkowi kryptowalut. W tym roku altcoiny spotkało jednak prawdziwe trzęsienie ziemi. Założyciel Ethereum wywołał szok na rynku krypto po ogromnej sprzedaży ETH.

Aktualnie Ethereum nie potrafi odzyskać wcześniejszego impetu wzrostowego, a nagła wyprzedaż ze strony jednego z założycieli sieci wywołała fale spekulacji wśród inwestorów.

Masowa wyprzedaż ze strony Vitalika Buterina

Ruch cenowy ETH nabrał na sile w kierunku spadków, a sprzedaż zarówno po stronie detalicznej, jak i instytucjonalnej wydaje się narastać jednocześnie. Vitalik Buterin, współzałożyciel Ethereum, dołączył do fali wyprzedaży, likwidując znaczną ilość tokenów w jednym dniu.

Według posta na platformie X udostępnionego przez entuzjastę kryptowalut i badacza DeFi, ­OxNobler – Buterin sprzedał ponad 160 000 ETH za około 650 mln USD. Po tej znaczącej wyprzedaży założyciel Ethereum wysłał sygnał alarmowy dla rynku.

Tak ogromna wyprzedaż zwykle rodzi liczne pytania, typu jaki był motyw takiego ruchu i jakie są możliwe konsekwencje dla dalszego kursu ETH?

W obliczu ogólnej zmienności rynku i chwiejnej postawy inwestorów, moment wydaje się szczególnie newralgiczny dla czołowej sieci.

Czy ruch ten odzwierciedla strategiczne zarządzanie portfelem, ostrożność rynkową czy może sygnał zmieniającego się sentymentu w kręgu liderów Ethereum? Na razie nie ma jednoznacznej odpowiedzi, natomiast wyprzedaż dodaje nową warstwę niepewności w dynamice rynkowej ETH.

Rezerwy strategiczne Ethereum spadają

Zaobserwowano również konsekwentny spadek strategicznych rezerw ETH należących do Ethereum Foundation. To sygnał, że organizacja może zmieniać sposób zarządzania aktywami i strategią skarbu.

We wtorek dane on-chain wykazały, że fundacja sprzedała 2 400 ETH o wartości około 9,3 mln USD, co stanowiło około 0,18% całkowitej podaży altcoina.

W ciągu ostatnich pięciu miesięcy sprzedano aż 45 000 ETH, czyli wartość około 175 mln USD. W maju tego roku rezerwa wynosiła 265 400 ETH, a dziś spadła do 220 350 ETH czyli likwidacja ponad 45 000 jednostek.

W chwili pisania artykułu cena ETH oscylowała wokół 3 867 USD Pomimo negatywnego ruchu cenowego, inwestorzy wykazywali pozytywny sentyment wobec ETH – wolumen obrotu wzrósł w tym czasie o ponad 31%.

Co to oznacza dla rynku i dla Twojego portfela?

Gdy jeden z założycieli sieci decyduje się na tak dużą sprzedaż, pojawiają się dwie skrajne interpretacje:

• z jednej strony może to być rutynowe zarządzanie aktywami (np. sprzedaż części kapitału w celu dywersyfikacji)
• z drugiej – może to być sygnał, że w grze dzieją się zmiany, które inwestorzy powinni brać pod uwagę.

Nie oznacza to automatycznie, że teoria długoterminowa dla Ethereum upada, jednak sygnał ostrzegawczy jest wyraźny.

Choć Ethereum wciąż może być jednym z najlepszych krypto do inwestycji to obecna sytuacja pokazuje, że nawet największe projekty nie są odporne na nagłe zmiany sentymentu i aktywności dużych graczy.

Jak w tym kontekście wypadają nowe kryptowaluty i gdzie warto szukać przewagi?

W obliczu takiego wstrząsu na rynku ETH, uwagę wielu inwestorów przyciągają projekty z niższej kapitałizacji, często określane jako nowe kryptowaluty. Właśnie w tym segmencie może kryć się potencjał, jednak z równie wysokim poziomem ryzyka.

Warto przyjrzeć się projektowi, który może stanowić taką właśnie alternatywę. Jednym z nich jest Snorter Token, stworzony z myślą o detalicznych traderach i memecoinach.

Snorter Token: trading bez wychodzenia z czatu

Snorter Token oraz aplikacja Snorter Bot tworzą środowisko tradingowe osadzone w komunikatorze Telegram. Założenie jest proste. Projekt ma umożliwić użytkownikom szybkie, tanie i intuicyjne poruszanie się w świecie memecoinów bez konieczności korzystania z przełączania między aplikacjami czy przeglądarkami.

Dla tych, którzy poszukują ścieżki poza głównym nurtem ETH, Snorter może stanowić ciekawy komponent portfela.

Co oferuje Snorter Token?

• Integracja z Telegramem – bot działa w czacie, bez potrzeby instalowania dodatkowych aplikacji; łączysz się szybko i wygodnie.
• Ekspresowe płatności i sniping – bot realizuje transakcje w czasie poniżej jednej sekundy, korzystając ze swojej infrastruktury odpornej na MEV i oszustwa typu honeypot.
• Najniższe prowizje na rynku – dla posiadaczy tokena SNORT opłata wynosi tylko 0,85%, standardowo 1,5%.
• Zaawansowane funkcje – kopiowanie ruchów topowych portfeli, dynamiczne zlecenia stop-loss, limitowane zlecenia, a także możliwość podglądu pozycji i zysków za pomocą komendy /portfolio.
• Obsługa wielu blockchainów – start na Solanie, a w planach Ethereum, BNB Chain, Polygon i Base.
• Systemy bezpieczeństwa – bot automatycznie wykrywa honeypoty i rugpulle z ponad 85% skutecznością.
• Token SNORT – wielołańcuchowy token użytkowy (SPL na Solanie i ERC-20 na Ethereum) z ograniczoną podażą (500 mln tokenów), odblokowujący funkcje premium, staking i przyszłe głosowania DAO.

Dlaczego warto go rozważyć?

W momencie gdy rynek ETH się chwiejny, projekty takie jak Snorter mogą oferować alternatywę, szczególnie jeśli uważasz, że ETH może być dziś obarczony większym ryzykiem niż zwykle.

Trzeba brać jednak pod uwagę, że token SNORT nie jest instrumentem inwestycyjnym ani udziałem w spółce. To narzędzie stworzone dla traderów, którzy chcą wykorzystać przewagę technologiczną w świecie memecoinów.

Ripple’s long-running strategy is to embed its technology across the world’s financial plumbing—piece by piece and across multiple functions—according to Phil and Dom Kwok, the brothers behind the Easy app, in a new appearance on the Paul Barron Show. The founders characterized what they called “the Ripple plan” as a coordinated effort to place XRP Ledger–based infrastructure and the company’s software wherever institutions already operate, rather than trying to disintermediate them.

Ripple Follow’s Meta’s Blueprint

Talking about Ripple’s acquisitions of Metaco, Standard Custody, Hidden Road and Rail, Dom Kwok framed the objective as coverage across brokerage, treasury, and stablecoin rails, arguing that the cumulative effect—rather than any single deal—reveals the intent. “Ripple really wants to have, you know, the XRP ledger and its tentacles really on the whole financial infrastructure that powers the world,” he said.

“So obviously, Hidden Road on the brokerage side, G-Treasury just now on the treasury side. Rail as well on the stablecoin side. And I think, once you start to see all of those different pieces come together, that’s really where you’re going to start to see sort of the power of what they’ve been building over the last many years.”

He added that the goal is ubiquity across touchpoints: “no matter which bit of the financial infrastructure someone is interfacing with, they are ultimately, indirectly, even if they don’t know it, touching, an aspect of Ripple’s tech.”

To illustrate the roll-up logic, Dom pointed to how large tech platforms expand into adjacency through acquisitions and integrations: “A great example is Facebook, which is now obviously called Meta. They bought Instagram, then they bought WhatsApp… these are standalone companies that were then rolled up and actually became much more valuable once they all came together.”

In his view, the analogy fits because end users may not realize they are engaging with a common underlying platform when interacting with seemingly distinct brands—a dynamic he suggested the company is replicating in finance.

‘The Ripple Plan’

Pressed by host Paul Barron on whether the recent moves reflect a coherent long-term strategy or opportunistic deal-making, Phil Kwok emphasized continuity with Ripple’s institutional, incremental approach, while stopping short of revealing anything not already public.

“I don’t want to say anything that’s not, you know, public yet,” he cautioned, before outlining the philosophical through-line: “If you… look at Ripple’s approach, it’s always been different to the traditional sort of… cypherpunk sort of approach.”

He contrasted Bitcoin’s cypherpunk strand with Ripple’s posture of building with incumbents: “The whole ethos behind Ripple and where it came from was, we need to build on what’s come before… We’ve got to work with the existing financial system.” Citing what he described as Chris Larsen’s consistent message, Phil added: “there has never been a big technological shift, which hasn’t built on what’s come before.”

Phil suggested that the company’s decade-long execution has been aimed at interoperability with banks and financial institutions rather than displacement. “It’s been to work with banks rather than to actually try and say, look, we’re going to completely put banks aside,” he said.

What’s @ripple trying to do here? @dom_kwok @kwok_phil @paulbarron explain The Ripple Plan pic.twitter.com/XHh9uXef6r

— Digital Asset Investor (@digitalassetbuy) October 21, 2025

“We’re going to work together with banking institutions… And so I think that what you’re starting to see right now and what we can talk to publicly is… this strategy really coming into the fore. And you’re starting to see Ripple make big moves to actually capture that and cement what it’s been building over the past decade.”

In Dom’s words, the destination is an environment where, across “the whole financial infrastructure that powers the world,” interacting entities are “indirectly… touching… an aspect of Ripple’s tech.”

At press time, XRP traded at $2.40.

Quick Facts:

• 1️⃣ Bitcoin’s ‘gold standard’ for crypto has built a $2.2T market cap but suffers from network limitations.
• 2️⃣ Bitcoin Hyper ($HYPER) provides a Layer 2 solution combining Bitcoin with the SVM.
• 3️⃣ $HYPER could unlock fast Bitcoin payments and expand $BTC integrations.

Bitcoin’s the gold standard of cryptocurrency. It’s the first, the most secure, the most trusted — and it remains the undisputed heavyweight of digital assets. However, despite its strength and influence, Bitcoin has an enduring flaw: it wasn’t designed for the modern internet economy.

Transaction times are slow. Fees spike under load. Scaling to the demands of Web3 payments, DeFi, and micro-transactions has proven nearly impossible without compromising Bitcoin’s core principles of security and decentralization.

That’s the problem Bitcoin Hyper ($HYPER) sets out to solve – and presale investors are taking notice. The project is nearing a $25M presale, making it one of Uptober’s biggest and most talked-about crypto launches.

Bitcoin’s Speed, Scalability, and Structural Limitations

Despite commanding more than 50% of the total crypto market cap, Bitcoin still processes fewer transactions per second than some 2010-era payment apps.

Bitcoin’s average throughput sits around 7 TPS (transactions per second) — an order of magnitude below what’s needed for mainstream commerce or on-chain finance. For comparison:

• Visa processes 24K TPS on average, surging to 65K when needed.
• Solana regularly handles 1.5K-3K TPS on-chain.
• Even Polygon and Arbitrum, Ethereum Layer-2s, sustain hundreds of TPS.

That’s a problem when Bitcoin’s vision – ‘peer-to-peer electronic cash’ – is being outperformed by its successors in both speed and utility.

The limitations go beyond throughput:

• Congestion: During market surges, Bitcoin’s network fees have spiked above $60 per transaction, pricing out casual users.
• Inflexibility: Smart contracts, NFTs, and DeFi apps are still not natively compatible with Bitcoin.
• Energy and scaling trade-offs: The network’s proof-of-work model ensures security but restricts scalability without secondary solutions.

The challenge lies in overcoming those limitations without sacrificing the benefits of Bitcoin’s original Layer 1 – security, stability, and all the advantages of a $2.2T market cap.

Enter Bitcoin Hyper ($HYPER) – a leading crypto presale with a new approach designed as a natural evolution of Bitcoin’s potential. Bitcoin Hyper’s Canonical Bridge and Solana Virtual Machine (SVM) Hybrid

Bitcoin Hyper ($HYPER) represents a paradigm shift – a canonical Layer-2 bridge that wraps Bitcoin into a high-throughput, low-fee environment built around the Solana Virtual Machine (SVM).

Broken down, the architecture looks like this:

1. The Canonical Bridge: Secure, Native Bitcoin Integration

Bitcoin Hyper’s Canonical Bridge directly connects to Bitcoin’s base layer. Users deposit Bitcoin into a verified bridge contract, where the asset is locked, and equivalent wrapped $BTC is minted on Hyper’s Layer-2.

These wrapped assets maintain a 1:1 verifiable backing, viewable on-chain.

This creates an instantly liquid, high-speed representation of Bitcoin that can move across Hyper’s network.

2. Solana Virtual Machine: Extreme Speed Meets Bitcoin Liquidity

By building on the SVM, Bitcoin Hyper inherits Solana’s unmatched parallel processing speed and sub-second block times.

Transactions are confirmed in seconds, not minutes, and fees are fractions of what they would be on Bitcoin. Developers can build DeFi, staking, and payment applications that settle in wrapped BTC.

3. Bitcoin DeFi and Payments Unlocked

The architecture enables something Bitcoin has never had at scale: true decentralized finance.

With Bitcoin Hyper, users can:

• Stake BTC for yield through secure Layer-2 contracts.
• Swap BTC across DeFi protocols at Solana-level speed.
• Send micro-transactions or tips for fractions of a cent in real time.
• Integrate payments into web apps, games, or AI agents that rely on instant, low-cost settlement.

In other words, Bitcoin Hyper doesn’t just make Bitcoin faster; it makes Bitcoin useful in new and improved ways.

Bitcoin’s Next Evolution Could Be Its Biggest

If Bitcoin’s base layer is gold – rock-solid, reliable, and a phenomenal store-of-value – Bitcoin Hyper is the highway system that moves it at light speed.

With Bitcoin Hyper, there’s new potential for Bitcoin to be incorporated as a payment solution across the spectrum. Imagine Bitcoin Hyper’s potential to provide a solution for a situation like this:

Hyper’s Layer-2 expansion could trigger one of the most important phases in Bitcoin’s history: the transition from static store-of-value to dynamic, programmable money.

If even a small portion of Bitcoin’s $2.2T market cap starts moving through Hyper’s rails, it would represent one of the largest liquidity shifts in crypto history. Uptober’s Best Presale Nears $25M

Momentum around Bitcoin Hyper continues to build rapidly.

The project’s presale has raised nearly $25M, drawing interest from retail investors seeking exposure to Bitcoin-linked infrastructure plays.

The presale’s tokenomics structure has reinforced investor confidence:

• Fixed supply: 1B $HYPER tokens.
• Presale allocation: 40% for early backers.
• Staking APY: currently 48%.

The tokenomics align incentives across the network: users are rewarded for participating early, while token scarcity increases over time.

It’s one reason why our price prediction shows that Bitcoin Hyper could reach $0.32 by the end of the year, representing a 2332% increase over the current price of $0.013155.

Whales have poured hundreds of thousands into the project, headlined by whale buys of $379K and $274K. Learn how to buy $HYPER to join the fun.

It might sound absurd to talk about Bitcoin ‘rising in the ranks’; it already towers over the market. But that’s exactly what could happen if Bitcoin Hyper succeeds.

If Bitcoin becomes the currency that fuels on-chain economies, not just the reserve asset behind them, its real-world utility and demand could multiply exponentially.

That makes Bitcoin Hyper more than another crypto presale. It’s a critical infrastructure play — a blueprint for Bitcoin’s next decade.

As always, do your own research; this isn’t financial advice.

Authored by Bogdan Patru for Bitcoinist — https://bitcoinist.com/uptober-best-crypto-presale-bitcoin-hyper-nears-25m

Despite October being widely considered a bullish month for cryptocurrencies, Ethereum’s price has been experiencing bearish pressure, triggered by a recent market crash. As ETH continues to struggle to regain its upside momentum, Ethereum’s co-founder has reportedly offloaded a massive amount of ETH.

Major Ethereum Sell-Off From Vitalik Buterin

Ethereum’s bearish price action is intensifying, and selling activity at both the retail and institutional levels appears to be increasing simultaneously. Vitalik Buterin, the founder of Ethereum, has joined the ongoing wave of ETH selling spree, dumping a significant amount of the altcoin in a single day.

In the X post shared by crypto enthusiast and DeFi researcher OxNobler, Vitalik Buterin dumped over 160,000 ETH, valued at $650 million, on Tuesday alone. Following the significant ETH sell-off, the ETH founder has sent shockwaves through the cryptocurrency market.

Typically, when this kind of massive dump is carried out, it raises widespread speculation about the motive behind the move and the possible impact on ETH’s price trajectory. Given the general market volatility and the shaky investor attitude, this sudden sell-off comes at a critical moment for the leading network.

Whether this move represents a strategic portfolio management, market caution, or a signal of shifting sentiment within Ethereum’s leadership circle remains the bone of contention. In the meantime, the huge sell-off adds a new layer of intrigue to the market dynamics of ETH.

A Steady Decrease In Strategic ETH Reserve

The ongoing significant selling spree is also reflected by the steady decrease in the Ethereum Foundation’s strategic ETH reserve. This persistent drop in its strategic ETH reserve signals a crucial shift in how the organization handles its assets and treasury strategy.

On Tuesday, on-chain data revealed that the Foundation sold 2,400 ETH worth approximately $9.3 million, which represents about 0.18% of the altcoin’s total supply. This latest sell-off is one of many that have been carried out in the past 5 months.

According to the report from Crypto Patel, the Foundation has sold a whopping 45,000 ETH, valued at $175 million, within the time frame. The crypto community is debating whether the Foundation’s steady outflows from its wallets are due to larger market positioning, ecosystem reinvestments, or operational finance requirements.

As of May this year, the strategic ETH reserve of the Foundation had a total of 265,400 ETH. Fast forward to today, the reserve has fallen to 220,350 ETH, dumping over 45,000 ETH. While CT was yelling “ETH to the $10,000,” the Foundation embarked on a selling spree. “They know something we don’t? Or just operational expenses?, Crypto Patel questioned.

At the time of writing, the price of ETH was trading at $3,867, demonstrating a 0.46% in the last 24 hours. Despite the bearish action, investors are exhibiting positive sentiment in ETH, as its trading volume has risen by more than 31% within the same period.

Bitcoin domina ancora il mercato crypto, con ETF spot che attraggono miliardi e istituzioni che accumulano BTC come mai prima. Tuttavia, la rete soffre di problemi strutturali che ne limitano l’utilizzo quotidiano: transazioni lente, commissioni elevate e scalabilità ridotta.

Mentre Bitcoin continua a essere lo “store of value” più sicuro, Solana, Ethereum e BNB Chain avanzano a ritmo vertiginoso, alimentando DeFi, NFT e meme coin a velocità da record. Ora, però, qualcosa sta cambiando. Con 24,4 milioni di dollari raccolti in presale, Bitcoin Hyper si presenta come la soluzione che potrebbe finalmente colmare il divario tecnologico.

Esplora Bitcoin Hyper Bitcoin e la Crisi di Scalabilità

Il problema di Bitcoin è ben noto: la rete gestisce circa 2,8 transazioni al secondo, con una capacità teorica massima di 7 TPS. Ogni blocco richiede fino a 15 minuti per la conferma e circa un’ora per la finalità completa.

In confronto, Solana elabora oltre 800 TPS, con tempi di blocco di 0,4 secondi e finalità in 12,8 secondi. Anche BNB Chain e Base superano facilmente le 100 transazioni al secondo. Il risultato? Bitcoin appare come il “dial-up” del web3 rispetto alle connessioni in fibra dei concorrenti.

(Fonte: Chainspect)

L’impatto è pratico: lentezza e costi spingono sviluppatori e trader verso reti più veloci. Solana domina i meme token, Ethereum guida la DeFi e Base alimenta le dApp quotidiane. Per evolversi, Bitcoin ha bisogno di un livello di esecuzione che conservi la sicurezza ma offra performance moderne.

Bitcoin Hyper Porta la Velocità di Solana su Bitcoin

Bitcoin Hyper ($HYPER) nasce proprio per questo. È una Layer-2 trustless basata sulla Solana Virtual Machine (SVM) che consente transazioni quasi istantanee e commissioni prossime allo zero, mantenendo intatta la sicurezza di Bitcoin.

Il funzionamento si basa su un sistema a quattro fasi:

1. Bridge In – L’utente deposita BTC, convalidato on-chain tramite smart contract.
2. Esecuzione Layer-2 – I BTC vengono replicati 1:1 su Hyper per staking e trading immediati.
3. Settlement – Le transazioni vengono raggruppate e validate tramite zero-knowledge proofs, poi inviate alla mainnet Bitcoin.
4. Bridge Out – Il ritiro riporta i fondi sulla rete principale in modo verificabile e senza custodia.

Non si tratta di un wrapped token o di una sidechain centralizzata. Bitcoin Hyper utilizza crit­tografia ZK per mantenere integrità e trasparenza, ma con la velocità di Solana. In prospettiva, pagare un caffè o accedere alla DeFi con BTC potrebbe diventare finalmente possibile.

La Presale di Bitcoin Hyper Supera $24.4M: Gli Investitori Ci Credono

La prevendita di Bitcoin Hyper ha già raggiunto 24,4 milioni di dollari, segno di forte interesse istituzionale e retail. Il token $HYPER è attualmente valutato $0.013145, e le previsioni puntano a un potenziale +1.000% (11x) entro la fine dell’anno.

Gli staking yield fino al 48% offrono ai primi investitori ricompense passive in attesa del TGE. Ma il vero punto di forza sta nel suo design: un layer-2 verificabile e zero-knowledge che sincronizza costantemente con Bitcoin, senza rinunciare alla sicurezza.

Bitcoin fornisce la fiducia e la solidità, mentre Hyper introduce velocità e scalabilità, creando un ecosistema complementare. È per questo che molti analisti vedono in $HYPER la prossima crypto esplosiva del 2025, capace di riportare Bitcoin al centro dell’innovazione Web3.

Conclusione: Bitcoin Hyper Potrebbe Essere la Chiave per il “Nuovo Bitcoin”

Bitcoin ha sempre avuto potenza, ma non agilità. Con Bitcoin Hyper, per la prima volta, potrebbe ottenere entrambe. Se il progetto manterrà le promesse di una Layer-2 trustless e ultra-veloce, il mercato potrebbe trovarsi davanti alla rivoluzione che “rende Bitcoin grande di nuovo” — non solo come riserva di valore, ma come blockchain pienamente utilizzabile.

Esplora Bitcoin Hyper

 

핵심내용:

• 딥시크는 10월 10일 190억 달러 규모의 레버리지 포지션 청산으로 인한 급락에도 불구하고 비트코인이 15만 달러까지 상승할 것으로 전망한다고 발표했다.
• TD 코웬 애널리스트들이 시장 폭락 이후 비트코인의 회복력을 근거로 12월까지 14만1천 달러 가격대에 도달할 것으로 전망한다고 밝혔다.
• 블룸버그 선임 원자재 전략가 마이크 맥글론은 비트코인의 회복력이 주식시장을니다 구할 수 있다며 낙관론을 공유한다고 밝혔다.
• 비트코인이 상승 모멘텀을 구축하는 가운데 비트코인 하이퍼($HYPER)의 2,450만 달러 이상 규모 사전 판매가 이 코인을 주요 매수 대상 암호화폐 중 하나로 자리매김하고 있다.

딥시크가 2025년 비트코인에 대한 낙관적인 가격 전망을 발표하며, 연말을 향해 강력한 회복세를 보일 것으로 예상한다고 밝혔다.

딥시크는 10월 10일 시장 폭락 이후 비트코인이 보여준 회복력을 고려할 때 15만 달러 가격대가 충분히 실현 가능하다고 보고 있다.

트럼프가 트루스 소셜에 중국 상품에 대한 100% 관세 부과를 발표한 게시물을 올리면서 촉발된 최근 시장 급락으로 24시간 남짓한 시간 동안 190억 달러 이상의 레버리지 포지션이 소멸되고 시가총액 4500억 달러가 증발했다.

단기간의 ‘암호화폐 대재앙’으로 비트코인이 불과 몇 시간 만에 5%, 이틀 동안 10% 하락하며 12만1천 달러에서 10만9천 달러로 급락했다. 비트코인은 며칠 후 11만5천 달러선을 넘어서는 모습을 보였으나, 이후 더욱 가파르게 하락하며 이번에는 10만5천 달러 아래로 떨어졌다.

그 이후 비트코인은 다시 수면 위로 오르기 위해 고군분투하고 있지만 번번이 실패하고 있다.

이런 상황에도 불구하고 딥시크는 비트코인이 돌파 직전에 있다고 보고 있으며, 이로 인해 연말까지 BTC가 15만 달러를 넘어설 수 있을 것으로 전망하고 있다.

동시에 낙관적인 개인 투자자들이 비트코인 하이퍼($HYPER)의 2,450만 달러 규모 사전 판매에 몰리고 있다. 이 프로젝트는 솔라나 가상 머신 통합을 기반으로 한 비트코인용 레이어 2를 구축하고 있다.

일부에서는 이러한 생태계 업그레이드가 새로운 비트코인 열풍을 불러일으킬 수 있다고 보고 있으며, 특히 2025년 4분기나 2026년 1분기 네트워크 배포 이후 그 효과가 나타날 것으로 전망하고 있다.

비트코인이 2025년 말까지 15만 달러에 도달할 수 있을까?

2025년 15만 달러라는 목표가 비현실적으로 보이지만, 여러 분석가와 전문가들이 딥시크의 전망과 크게 다르지 않은 추정치를 제시하고 있다.

TD 코웬 애널리스트들의 최근 보고서는 이 목표가 빗나가지 않을 수 있다고 시사한다. 더 블록의 최근 게시물에서 다룬 이 보고서는 최근 폭락 상황에서 비트코인이 보인 회복력을 언급하며 다음과 같이 밝혔다:

신뢰도가 낮은 토큰들이 큰 타격을 받은 반면, 비트코인과 이더리움은 상당히 선방한 것으로 평가된다. 예를 들어 비트코인은 한때 15% 하락한 저점을 기록했지만 장 마감 시에는 8% 하락에 그쳤다. —TD 코웬

이들의 관점에 따르면 12월까지 14만1천 달러 가격대가 실현 가능하다고 본다. 특히 현재 일본까지 확산되고 있는 채택 증가 흐름을 고려할 때 더욱 그렇다. 일본 금융청은 이미 은행들이 암호화폐 서비스를 제공할 수 있도록 허용하는 방안을 검토하고 있다. 이 서비스가 승인될 경우 약 800만 개 계좌가 비트코인과 기타 디지털 자산에 노출될 전망이다.

블룸버그 전략가 마이크 맥글론 역시 최근 급락 상황에서 보인 비트코인의 회복력에 주목하며, 이 자산의 통합 과정이 향후 주식시장 하락을 방지할 수 있다고 밝혔다.

비트코인의 역사적 월별 수익률 역시 다가오는 강세장 가능성을 뒷받침하며, 이는 본래 10월에 이미 시작되었어야 할 상황이었다.

코인글래스 데이터에 따르면, 비트코인은 2013년 이후 10월에 단 두 차례만 하락세를 보였으며, 2025년이 세 번째가 된다. 11월은 지난 2년간 상승세를 기록했고, 12월은 2024년에 하락했지만 전년도에는 12.18% 상승했다.

이 데이터에 따르면 비트코인이 예상 일정보다 뒤처져 있어 올해 11월과 12월 내내 강세장을 예고할 가능성이 있다.

비트코인 하이퍼의 모멘텀과 사전 판매 열기를 고려하면 확률은 더욱 높아지며, 계획대로 2025년 4분기에 비트코인 레이어 2 출시가 시작될 경우 더욱 긍정적인 소식이 될 수 있다.

비트코인 하이퍼가 비트코인을 변화시킬 수 있는 방법

비트코인 하이퍼($HYPER)는 레이어 2 솔루션을 개발 중인 새로운 토큰이다. 이 새로운 체인은 메인 네트워크에서 초당 7건의 거래 처리 한계를 우회해 $BTC 거래를 더 빠르고 저렴하며 확장 가능하게 만들겠다고 약속하고 있다.

제한된 TPS로 인해 비트코인은 수수료 기반 우선순위 시스템을 운영하고 있으며, 이 시스템은 높은 수수료를 지불한 대규모 거래를 우선 처리하는 반면 소액 거래는 장시간 대기 상태에 둔다. 이로 인해 대기열이 발생하여 확인 시간이 수 시간까지 늘어나는 경우가 있다.

이는 비트코인이 블록체인 속도 기준으로 23위에 머물고 있는 반면, 솔라나가 769 실시간 TPS 출력으로 2위를 차지하는 이유를 설명한다.

이러한 병목 현상을 해결하기 위해 하이퍼는 솔라나 가상 머신(SVM)과 표준 브리지 같은 도구를 도입한다.

이를 통해 하이퍼는 스마트 계약과 디파이 프로토콜로 구동되며 거의 즉시 완결성을 제공하는 새로운 네트워크에서 사용할 수 있는 1:1 래핑된 BTC 등가물을 발행한다.

하이퍼는 이러한 방식으로 수수료 기반 우선순위 시스템을 제거하고 비트코인 네트워크를 더 빠르고 무한히 확장 가능하게 만들겠다고 약속하고 있다.

비트코인이 결제 레이어로 남아있기 때문에 디파이 애호가들은 비트코인의 보안성을 포기할 필요가 없다.

하이퍼의 프로젝트 세부사항은 공식 사이트에서 확인할 수 있다.

$HYPER 토큰 사전판매가 2,450만 달러 돌파

비트코인 하이퍼의 사전 판매가 현재 2,453만 달러에 달하고 있으며, 빠른 성장세를 보이면서 대규모 고래 매수세를 끌어들이고 있다. 일부 매수 규모는 37만 9,900달러에 이른다.

해당 토큰의 프리마켓 모멘텀은 최근 암호화폐 폭락에도 영향을 받지 않는 모습을 보이고 있으며, 이는 하이퍼가 명확한 활용성과 잠재력을 갖춘 유망한 프로젝트임을 확고히 하여 2025년 투자할 만한 최고의 암호화폐 중 하나로 자리매김하고 있다.

이 프로젝트의 인상적인 기술력과 장기적 목표, 그리고 비트코인과의 밀접한 연관성을 고려할 때, $HYPER 토큰의 가격 전망은 내년 0.2달러로 예상되며, 이는 현재 사전 판매가 0.013155달러 대비 1420%의 상승 가능성을 보여준다.

2025년 4분기와 2026년 1분기 사이 블록체인 출시 예정일과 함께 2025년 4분기/2026년 1분기로 계획된 토큰 상장을 고려할 때, $BTC가 차트 상승세를 보이는 가운데 $HYPER가 돌파를 앞둔 차세대 알트코인이 될 가능성이 제기되고 있다.

$HYPER의 공식 사전 판매에서 자세한 내용을 확인할 수 있다.

According to a recent report by Roll Call, US Senator Cynthia Lummis, an advocate for digital assets in Congress, is delaying the upcoming crypto market structure bill as the Senator is reluctant to revisit a provision from the recently passed GENIUS Act, which prohibits stablecoin issuers from offering interest payments.

Lawmakers Split Over Crypto Interest Provisions

Senator Lummis is said to be resisting pressures from both Republicans and Democrats to change the interest language in the stablecoin bill. The banking industry argues that this provision creates a loophole that allows crypto exchanges to offer rewards, effectively enabling them to pay interest.

Lummis shared her perspective with reporters, stating, “I’m of the opinion that we should leave the stablecoin bill alone. We’ve got enough problems with market structure.” In response, the crypto industry has launched a campaign to maintain the existing stablecoin rewards policy. 

Opponents of crypto interest are advocating for the rewards issue to be addressed in the new market structure legislation currently in development. This bill aims to establish rules for the operation and oversight of digital asset markets.

Senator Bill Hagerty, a Republican from Tennessee and sponsor of the stablecoin bill, acknowledged the complexity surrounding the question of crypto interest, stating, “This is something that’s going to require a lot more attention from my colleagues to address. Everything is up in the air.”

Crypto And Banking Lobbies Clash

Last month, Senate Banking Republicans updated a draft of the market structure bill, which Chairman Tim Scott hoped to advance by the end of September. 

However, this deadline was missed due to various obstacles, including the conflict between banking and crypto lobbies regarding stablecoin interest and the bill’s approach to decentralized finance (DeFi).

A group of crypto-friendly Senate Democrats recently proposed amendments to the bill that were rejected by Republicans and the crypto industry. These Democrats want the legislation to uphold the intent of prohibiting interest or yield paid by stablecoin issuers, whether directly or indirectly through affiliates.

Chairman Scott appears to be prioritizing the concerns of Democrats over those of Republicans regarding crypto exchange rewards. He has postponed a markup of the bill to allow Democrats more time to engage with the legislative text, as noted by his spokesperson Jeff Naft. 

Lawmakers are hesitant to predict when the committee might reach a consensus for a markup. “We’re trying to get a date for a markup,” Lummis remarked. When asked when that might be, she replied, “When we can agree on a date for a markup.”

Adding to the complexity of advancing the bill is the looming partial government shutdown. Democrats have indicated that they prefer to finalize the base text of the bill before proceeding to a markup.

Over 320,000 Letters Sent To Senate Offices 

Crypto advocates are pushing for swift action on market structure legislation this year. Mason Lynaugh, community director for Stand with Crypto, stated: 

The Senate must act quickly and deliberately to pass market structure legislation. Congress has the opportunity to position America as a global leader in the crypto industry, achievable only through effective market structure legislation. 

The group reported sending over 320,000 letters from more than 160,000 participants to Senate offices in recent weeks, urging lawmakers to reject a new anti-consumer initiative from the banking industry aimed at eliminating stablecoin rewards.

Featured image from DALL-E, chart from TradingView.com