ZyCrypto

Bitcoin may be approaching a major turning point as large holders ease selling pressure.
According to on-chain metrics provider Wealthmanager, Bitcoin whales have been accumulating.
Why is this the case? Data from CryptoQuant shows whale holdings shifted from a net change of -282,000 BTC in July to -39,000 BTC, an improvement of about 243,000 BTC in less than three months.
Source: CryptoQuant
Adding another layer to the story, Vanguard, an asset management giant overseeing about $13.3 trillion, recently bought $7.5 million in shares of Metaplanet, a company known for its Bitcoin treasury strategy.
This investment is noteworthy because it provides indirect exposure to Bitcoin through a publicly traded company whose strategy centers on accumulating the cryptocurrency.
Is BTC Eyeing a Major Rally?
Wealthmanager also noted that Bitcoin is consolidating in a structure resembling a pattern witnessed in 2023, before the apex cryptocurrency embarked on a significant rally.
Source: Wealthmanager
Therefore, it remains to be seen whether BTC follows in its 2023 footsteps, with the price trading at $81,239 per CoinGecko data.
Meanwhile, bearish sentiment won’t wash away, as searches for the phrase “Bitcoin is dead” have reached their highest level since 2022.
Binance founder Changpeng Zhao (CZ), however, has framed this pessimism as a potential buying opportunity, noting that extreme negative sentiment has historically coincided with attractive entry points.

BNB Chain recently completed its 37th quarterly BNB Auto-Burn, permanently removing about 1.64 million BNB coins, worth an estimated $1.197 billion, from circulation.
Why is this burn rate significant? It marks another step in the network’s long-term supply-reduction strategy, with BNB back in the spotlight thanks to improving ecosystem activity and bullish technical signals.
According to BNB Chain, the burn was executed directly on BNB Smart Chain (BSC).
Source: BNB Chain
More notably, the auto-burn mechanism usually calculates how much BNB to remove based on the token’s market price and the number of blocks produced on the network during the quarter.
Its primary objective is to reduce the total BNB supply to 100 million tokens, which is bullish because it could increase scarcity over time.
Beyond the quarterly mechanism, BNB Chain also burns a portion of transaction gas fees through its BEP-95 upgrade.
BNB Eyes a Potential 77% Rally Amid Real-World Asset Growth
Technical analyst Javon Marks has highlighted a bullish development in BNB’s price structure.
According to Marks, a previously identified hidden bullish divergence preceded a rally of more than 40%, with the analyst suggesting that the upward move has not thrown in the towel yet since he sees the possibility of a further 77% increase, potentially pushing BNB toward $1,300 and even higher if bullish momentum continues.
Source: Javon Marks
What exactly does a hidden bullish divergence show? It generally signals a potential continuation of an existing uptrend when price and momentum indicators form a specific pattern.
Amid this development, BNB Chain’s prominence in the real-world asset (RWA) sector was recently shown after it outpaced established competitors, including Solana and Ethereum, last month.
This deserves close attention because real-world asset tokenization brings traditional financial assets, such as bonds and other investment instruments, onto blockchain networks.
As adoption expands, networks like BNB Chain could attract more users, developers, and institutional activity, triggering increased demand for their infrastructure.

As part of a strategic move to expand its stablecoin offerings, Ripple Labs Inc. has integrated RLUSD directly into the Coinbase ecosystem. This is not just a simple launch. It means the RLUSD stablecoin is officially available on Coinbase’s platforms, including Coinbase Exchange, Coinbase Prime, and the Coinbase retail app, enabling trading and custody across Ethereum, XRP Ledger, and Coinbase’s Base network.
Ripple widens the reach of its stablecoin
The use of stablecoins has significantly evolved, enabling crypto trading, cross-border payments, and compliant business settlements. To capture the burgeoning market demand, Ripple today entered into a strategic partnership with Coinbase to strengthen its footing in the international payments business. The deal enabled Ripple to bring its RLUSD stablecoin to Coinbase infrastructure, seeking to broaden market access and usage of the business-grade stablecoin in America.
The move expands RLUSD’s accessibility to both retail and institutional clients, with Ripple targeting to unlock liquidity on Base, an Ethereum Layer-2 solution developed by the Coinbase exchange. Individual and institutional customers can now trade and manage RLUSD through the Coinbase retail app, Coinbase Prime, and Coinbase Exchange. They can now convert funds between USD, other US-dominated supported stablecoins, and RLUS at a 1:1 ratio, as per the announcement.
RLUS’s recent market performance
The integration means Ripple has positioned itself to offer liquidity on Base to support RLUSD’s growth across the network powered by the Coinbase infrastructure. The addition of the asset to Coinbase’s institutional and retail platforms gives the Ripple’s US dollar-backed stablecoin access to a broader customer base of crypto users.
The incorporation marks a significant milestone for Ripple as it aims to scale up the utility of RLUSD for financial settlements and cross-border payments. Since its launch less than two years ago in December 2024, RLUSD has surpassed $2.4 billion in market cap, making it the ninth-largest stablecoin in the market currently.

XRP’s prolonged price lull may be testing investors’ patience, but one veteran trader believes the cryptocurrency is quietly setting the stage for something much bigger. Michael XBT, who previously called XRP’s slide below the psychological $1 threshold before its sharp recovery, is once again turning bullish. With the token stuck in consolidation for weeks, he suspects the market could be overlooking the early signs of another explosive breakout.
XRP’s Prolonged Consolidation Could Be Setting the Stage for a Major Price Shift
Crypto analyst Michael XBT is urging traders to turn their attention back to XRP, suggesting that the token’s extended period of sideways trading could soon give way to another significant price move.
In an October 28 post on X, the analyst noted that XRP has been consolidating for more than two months following a rally of approximately 70% that began after the cryptocurrency dipped to around $1. He claims to have anticipated the bottom and the subsequent rebound, and now believes another major breakout could be approaching.
“It’s time to pay attention to XRP again,” Michael XBT noted. “The next major breakout is due very soon.”
The pundit’s latest comments also revive an earlier bullish stance. On July 1, he disclosed that he was accumulating XRP, telling his followers, “You’re about to see why.” The token subsequently climbed from below $1 to around $1.70 in August before losing momentum. By revisiting that earlier post, the analyst is reinforcing his conviction that XRP may have more upside ahead after weeks of lackluster price action.
Meanwhile, XRP was trading at $1.33 at the time of writing, according to CoinGecko data, up 0.6% over the past 24 hours but still down approximately 11.9% over the last month. The modest daily rebound offers little evidence of a broader recovery so far, leaving the token well below its recent levels as traders wait for a stronger directional move.
The contrast between XRP’s short-term uptick and its monthly losses highlights the challenge facing bulls. While Michael XBT expects the prolonged consolidation to precede another major breakout, the price action has yet to confirm that scenario. A sustained recovery would be needed to strengthen the case for a fresh meteoric surge.
On the fundamental front, Ripple has secured a major regulatory milestone after receiving final approval from the Office of the Comptroller of the Currency (OCC) to establish its own national trust bank. The development could strengthen the company’s institutional custody capabilities and expand its role within the traditional financial system. While the approval does not guarantee an immediate boost to XRP’s price, it adds to Ripple’s efforts to deepen its presence in regulated financial services and attract institutional participation.

In a striking example of how quickly valuations can change in the AI boom, the US government sold a large block of Anthropic shares it seized from the failed FTX exchange for more than $600 million just a year ago. While that seems like a big sum, the same shares are now worth close to $4 billion, according to the latest valuations.
Crypto commentator The Martini Guy tweeted regarding the development:
Image Source: X Anthropic’s Incoming Initial Public Offering (IPO)
Anthropic recently disclosed the move in its S-1 IPO filing, which shows its current ownership structure. The company is gearing up for one of the largest IPOs in stock market history, targeting a valuation between $1.5 trillion and $2 trillion. Its Claude LLM is considered the world’s top AI assistant, and progress has improved by leaps and bounds.
The IPO has driven a major surge in the company’s valuation, and American authorities sold 453,900 Series B shares for $627 million, much to the disappointment of FTX creditors, who waited long enough for the settlement.
According to the S-1 IPO filing, Anthropic bought back the Series B shares at that valuation and offered them to nine undisclosed whitelist buyers, who jumped at the opportunity. The shares are now worth more than 6x what they were at the time of the previous sale, just a year earlier.
It is interesting how things can change so quickly in the space of one year. The episode highlights the timing risks of forced asset sales and the explosive valuation growth of AI companies in recent memory.
FTX Saga Wrapping Up
FTX’s dramatic fraudulent collapse in 2022 posed a difficult task for American authorities. While the exchange itself was illiquid and had more liabilities than assets, the company had also invested heavily in a string of upcoming technology companies, including Anthropic. Creditors were content to receive a swift recovery rather than wait for an uncertain IPO.
However, the situation has changed significantly since then, and creditors must now be reeling from the company’s meteoric rise. It is a textbook lesson for future insolvency cases involving high-growth technology holdings.
Anthropic’s NASDAQ listing is expected in the coming months, but before then, investment firms need to arrive at a valuation. It remains to be seen whether it will exceed the initial enterprise valuation of $1.77 trillion set by the SpaceX IPO.

Former Morgan Stanley executive Jordi Visser projects a stronger rally in Bitcoin (BTC) and other digital assets than in artificial intelligence stocks. Traditional investors are circling back to crypto after months of whale and retail liquidations.
Can Crypto Outperform Top Stocks?
Tech and AI stocks soared above digital assets as investors sharply shifted focus amid the AI boom. While these stocks are attracting inflows ahead of crypto products, some analysts back a near-term bull run for digital assets.
According to Visser, AI agents will drive demand for tokens over stocks through virtual payments and transactions. Users will instruct their agents to execute trades, driving more activity across other areas.
Tokenized assets are also key to the resurgence because AI agents will eventually handle trading. These assets have already attracted centralized financial institutions, tapping their digital counterparts to introduce more products.
He added that without AI, crypto wouldn’t have recovered in the last few months, crediting it to a surge in activity. Visser compared AI agents to the App Store as the bridge in the setup.
“AI agents are effectively the same as the App Store or the smartphone for crypto… One of the reasons that Bitcoin and Ethereum were having such a hard time is because the focus was completely on AI. I didn’t say AI was over. AI fireworks show is over.”
He reduced his exposure to chipmaker Micron after hedge funds crowded AI trades, citing other examples. Several analysts have also pointed to the slow phase of AI stocks as a sign that funds are rotating into crypto assets.
A major catalyst for inflows is linked to positive regulations in the United States, giving investors confidence to back the market. Previously, Visser held only Bitcoin, Ether, and Solana, but has since added a range of assets, including Dogecoin.
Memecoins are expected to grow with bull markets because of the frenzy tied to inflows. However, a sudden drop in activity can wipe billions off the market, as seen in January.
Last week, BlackRock stated that AI agents could drive stablecoins and digital payment systems, creating new channels for crypto adoption. “Together, these developments position AI as a structural catalyst for digital asset adoption and digital assets as a potential facilitator of the AI economy.”

XRP is edging deeper into Wall Street as Ripple and America’s oldest bank, BNY Mellon, explore a new use case for the XRP Ledger (XRPL). The initiative could bring approved invoices on-chain, enabling faster financing and potentially expanding XRPL’s footprint in traditional finance.
Ripple and BNY Take Partnership to the Next Level With Tokenization Plans
In a Tuesday press release, Ripple announced an expanded partnership with Wall Street banking giant BNY Mellon, bringing XRP and its U.S. dollar-backed stablecoin, RLUSD, to the bank’s institutional custody platform.
BNY already serves as the primary custodian of RLUSD’s reserves and maintains a custody relationship with Ripple Prime. The expanded partnership will seek to enable BNY clients to mint and redeem RLUSD directly through the bank, while the two financial heavyweights also explore using the XRP Ledger to power tokenized trade finance.
Ripple President Monica Long emphasized that the partnership marks a shift from simply issuing tokenized assets to putting them to work across global financial markets.
“We’re moving past the initial issuance of assets onchain — now, it’s all about making these tokenized assets usable for payments and collateral across financial markets,” Long said.
She added that Ripple and BNY are building the infrastructure institutions need to move beyond holding digital assets and use them more seamlessly in capital markets and trade finance through the XRPL.
Exploring Tokenized Trade Finance on the XRP Ledger
As part of the expanded collaboration, Ripple and BNY Mellon are also working with C2FO, a working capital platform, to explore tokenized trade finance using the XRPL. The initiative focuses on supply chain receivables, aiming to bring corporate working capital onto public blockchain infrastructure and potentially make financing more efficient and accessible for businesses.
The initiative could let suppliers access funds within seconds against approved invoices, instead of waiting several days for traditional bank transfers to clear. Participating capital providers would finance the payments, while existing invoice terms and repayment deadlines would remain unchanged, potentially helping businesses unlock working capital faster without altering established payment arrangements.
RLUSD’s rapid growth adds another dimension to Ripple’s push into institutional finance. Since debuting in December 2024, the dollar-pegged stablecoin has reached roughly $2.5 billion in market capitalization, including more than $1 billion issued on the XRPL. Ripple says the ledger has now handled over 4.6 billion transactions, with transfers settling in just three to five seconds — capabilities that could prove valuable as financial institutions explore blockchain-based payments and trade finance.
The expanded BNY Mellon partnership comes as Ripple rolls out a series of major announcements ahead of its annual Swell event. Among the latest developments, the Office of the Comptroller of the Currency has granted final go-ahead for Ripple’s proposed national trust bank, a milestone previously announced by CEO Brad Garlinghouse that could further strengthen the company’s position in the U.S. financial system.

Bitcoin’s Q-Day fears are overhyped and could create a once-in-a-lifetime buying opportunity, popular Bitcoin analyst Willy Woo tweeted earlier today. Woo, known for his maverick takes on Bitcoin’s future, has discussed the topic extensively over the last few months, highlighting the risks and opportunities of the so-called Quantum Threat.
Woo tweeted:
Image Source: X
Woo has always argued like a realist and has highlighted the risks posed by some older addresses that aren’t Quantum-proofed. But Woo believes arguing that the premier cryptocurrency will completely collapse and its value drop to zero is sheer ignorance.
What is Q-Day?
Q-Day, aka Y2Q, is the expected moment when quantum algorithms will break public cryptography with the help of a powerful computer. The move has been developing rapidly in the last couple of years, with Google and other companies warning that Q-Day might happen within a few years and change the nature of the online world as we know it.
If Q-Day arrives, wallets with exposed public keys (such as reused addresses or older P2PKH Bitcoin formats) could have their private keys reverse-engineered and stolen. This doesn’t represent most Bitcoin addresses, and most other cryptocurrency networks have already migrated to quantum-proofed algorithms. Wallets with fully visible data will be targeted first. Satoshi Nakamoto’s Bitcoin will theoretically be under threat.
Crypto will not be the only thing affected by Q-Day; that is for sure. Most of the banking systems, insurance companies, and other financial organizations use public cryptography to secure their systems.
One user replied to Woo:
Image Source: X
Woo replied:
Image Source: X
Q-day is still theoretically years away, and it still generates a lot of debate. Google reportedly gave it close to three years, but it keeps revising its target closer, warning companies using public-key encryption to update on time or suffer the consequences. IBM Quantum has a reported 1,132-qubit system, still far from the 20,000 or so qubits needed to break Bitcoin’s SHA algorithm.
Current quantum computers have already started finding use cases in the corporate world. They aren’t powerful enough to break public encryption yet, but they process far faster than conventional computers.
Woo further highlights that legal challenges will be brought against hackers trying to exploit exposed Bitcoin addresses. For example, if an exchange receives a tranche of Satoshi Nakamoto’s Bitcoin, the platform is unlikely to process it. It will likely go to litigation, and the coins will be locked up, rebounding BTC’s price levels in the process.

Could a bursting artificial intelligence (AI) bubble set the stage for Bitcoin’s next parabolic rally? While a sharp sell-off in AI stocks might rattle traditional markets, CryptoQuant CEO Ki Young Ju believes Bitcoin could emerge relatively unscathed, potentially benefiting as investors shift their attention and capital back to the leading cryptocurrency by market value.
Bitcoin To Escape AI Wreakage
A potential artificial intelligence (AI) bubble burst may not be the disaster for Bitcoin that some investors fear. CryptoQuant CEO Ki Young Ju believes BTC could escape much of the fallout, arguing that the world’s largest cryptocurrency largely missed the AI-driven stock market rally.
“I don’t think an AI bubble burst would hurt BTC much,” Ju wrote in a recent post on the X social media site.
A bubble forms when asset prices surge far beyond what underlying fundamentals can justify, widening the gap between market expectations and reality. Eventually, that gap can become unsustainable, triggering a sharp correction when investor enthusiasm fades and valuations come under pressure.
The rapid rise of artificial intelligence has fueled one of the largest investment booms in recent tech history, drawing comparisons to the late-1990s dot-com frenzy. Tech giants are pouring hundreds of billions of dollars into data centers, advanced chips, and increasingly powerful AI models as they race to secure a leading position in the industry.
Ju’s reasoning centers on where investors have been putting their money. As AI-related stocks rocketed, some market participants may have sold their Bitcoin holdings to chase returns in the booming sector. If enthusiasm for AI stocks begins to fade, that capital could flow back into BTC.
“Now it may be time to rotate back into Bitcoin,” he added.
However, the CryptoQuant chief stopped short of suggesting that an AI market collapse would automatically trigger a Bitcoin rally. He cautioned against viewing the two assets as having a straightforward inverse relationship.
“AI crash isn’t necessarily bullish or bearish for BTC. They seem unrelated,” Ju said.
That distinction matters. A rotation from AI stocks into Bitcoin could support prices, but a broader market sell-off that drives investors away from riskier assets could also weigh on BTC. Any potential benefit would depend on whether capital actually moves into cryptocurrency rather than retreating to cash or safer investments.
Bitcoin traded near $80,648 on Wednesday, remaining largely unchanged over the week and sitting 35.3% below its October 2025 all-time high of $126,080, according to CoinGecko data.

Bitcoin (BTC) could face further losses ahead of the November 3 U.S. midterm elections before recovering in 2027, as analysts compare it to previous election cycles.
In a Tuesday post on X, CryptoQuant analyst Satoureireal cited data from blockchain analysis firm Alphractal showing that Bitcoin suffered significant corrections around the 2018 and 2022 midterms before recovering the following year. BTC bottomed in late 2018 before rebounding in 2019, while the 2022 bear market gave way to a recovery in 2023.
With the next midterms approaching, Satoureireal questioned whether the same pattern could emerge in 2026, potentially setting the stage for a recovery in 2027.
In a September 13 post, the analyst also highlighted recurring volatility around U.S. midterms, noting that Bitcoin has sometimes rallied before an election and sold off afterward, while declines have emerged later in other cycles.
“During the previous two midterm election cycles in 2018 and 2022, Bitcoin experienced significant corrections before forming a bottom and entering a recovery phase in the following year,” Satoureireal stated.
Notably, this distinction matters because the historical relationship does not prove that elections cause Bitcoin sell-offs. Market liquidity, monetary policy, investor positioning, and broader economic conditions can also influence price movements.
Elsewhere, Technical analyst Frank Cappelleri has also identified similarities between Bitcoin’s current chart and the price structure that preceded its previous major recovery.
Speaking to CNBC recently, the CappThesis founder compared Bitcoin’s roughly 54% decline during the current cycle with the nearly 70% drawdown recorded between 2022 and 2023.
“This also looks like a bullish pattern to me,” Cappelleri said, pointing to how the earlier decline eventually gave way to a strong recovery as market momentum returned.
However, he stopped short of predicting another rally as large as Bitcoin’s previous advance, which approached 400%.
“I’m not calling for that, but I am calling for a very similar foundation to be leveraged and potentially get back to new highs again,” he said.
His analysis suggests Bitcoin could establish a base for another advance, potentially reaching new highs in early 2027.
That said, not all historical comparisons support an immediate bullish outlook.
Recently, popular analyst Ali Charts highlighted Bitcoin’s declines following the previous four U.S. midterm elections.
According to his analysis, Bitcoin fell 72% after the 2010 midterms, 65% after the 2014 elections, 52% after the 2018 vote and 27% following the 2022 midterms.
In a thread on X, the analyst identified $73,000 as a level to watch if the historical pattern repeats.
Meanwhile, on-chain data point to changes in investor behavior that could influence Bitcoin’s next move.
Glassnode reported that profit-taking by short-term Bitcoin holders has eased after contributing to selling pressure in recent weeks.
The analytics firm said the share of exchange inflows from short-term holders sitting on profits reached a one-year high before returning to its average level over the past year.
Santiment also reported that wallets holding between 10 and 10,000 BTC accumulated approximately 88,987 BTC in one month from September 19. Their combined holdings exceeded 13.69 million BTC, the highest level since April, according to the analytics firm.
The firm noted that continued accumulation could support market confidence despite price volatility.
“Bitcoin still drives much of crypto’s direction, so persistent accumulation from its largest influential holders can support not only BTC, but confidence across the market.” The firm noted.
At press time, Bitcoin was trading at $80,341, up 1.02% in the past 24 hours.

Ripple has scored a major regulatory victory in the United States after securing final approval from the Office of the Comptroller of the Currency (OCC) to establish a federally regulated national trust bank. The milestone marks a significant step forward for the blockchain payments giant as it expands its footprint in the U.S. financial system and strengthens its push into cross-border payments and asset tokenization.
Ripple Clears Major U.S. Regulatory Hurdle With OCC Banking Approval
Ripple CEO Brad Garlinghouse broke the news in an X post late Monday, revealing that the Office of the Comptroller of the Currency (OCC), the federal agency responsible for supervising national banks, had granted approval to Ripple National Trust Bank (RNTB).
The approval effectively gives one of the crypto industry’s biggest names a foothold in the federally regulated banking sector, highlighting the growing convergence between digital assets and traditional finance.
“We’ve always said crypto and banks work better together — this is what that looks like. Real innovation, real accountability, federal oversight,” Garlinghouse wrote.
Under the approved framework, Ripple National Trust Bank can manage reserves backing Ripple’s RLUSD stablecoin, serve as a collateral trustee for stablecoin holders, and offer digital asset custody services to institutional clients.
Despite the new approval, Standard Custody & Trust Company will continue to issue RLUSD, Ripple’s limited-purpose trust company regulated by the New York Department of Financial Services (NYDFS). The national charter will add federal OCC oversight to the stablecoin’s existing state-level regulatory framework.
Launched in December 2024, RLUSD has since reached a market capitalization of roughly $2.58 billion, according to Ripple. The stablecoin is used across the company’s payments infrastructure and as collateral within Ripple Prime, extending its role in Ripple’s growing institutional financial services business.
“The revolution isn’t happening outside the system. It’s happening from within it,” Garlinghouse opined.
Ripple began pursuing the national banking charter in July 2025, receiving conditional approval from the OCC in December that year. The regulator has now granted final approval, completing a process that began more than a year ago.
What Does Ripple’s OCC Approval Mean for XRP?
Despite Ripple’s major banking breakthrough, XRP has yet to mount a significant rally in response to the announcement.
In early trading on October 27, the token traded around $1.30, up only 1.2% from the previous 24 hours. The muted reaction suggests that, for now, investors have yet to translate Ripple’s regulatory milestone into substantial buying pressure for XRP.
Notably, Ripple CTO Emeritus David Schwartz offered a more optimistic view of the link between XRP’s value and network adoption. In a recent exchange on X, Schwartz argued that widespread use of the network for financial applications would likely translate into stronger demand for XRP.
He highlighted several features that could support the token’s value, including its role as a counterparty-free asset that any account can accept and its use in paying transaction fees on the ledger. According to Schwartz, these built-in functions could help drive demand for XRP as adoption expands.
That said, Ripple’s banking approval could strengthen RLUSD adoption and make its broader ecosystem more attractive to financial institutions, including those exploring XRP for cross-border payments. If this expansion translates into greater use of XRP as a bridge asset for international settlements, it could drive higher demand and trading activity, potentially boosting the token’s price. However, the impact will depend on whether institutional adoption generates meaningful demand for XRP itself.

The line between traditional finance and crypto companies keeps disappearing. This has been further demonstrated today. An ETF owned and managed by American investment firm Vanguard Group has bought $7.5 million worth of shares in Bitcoin treasury company Metaplanet. According to the statement announced today, Vanguard’s small-cap ETF (VSS) confirmed for the first time that it has purchased 4.5 million shares of Metaplanet, valued at $7.5 million.
Vanguard buys Metaplanet (MTPLF) stock
Today, Vanguard’s VSS small-cap ETF announced its first acquisition of shares in Metaplanet MTPLF, a firm recognized as a Bitcoin treasury company. According to the announcement, Metaplanet MTPLF is listed on BitcoinTreasuries.NET as a firm that holds Bitcoin in its treasury.
The Vanguard fund is an investment vehicle that invests in small-cap companies outside the US. The new investment gives its ETF Bitcoin exposure through shares of Japan-based Metaplanet, which trades publicly.
Metaplanet Inc. is Japan’s first publicly listed Bitcoin treasury company. The firm uses Bitcoin as its primary treasury reserve asset and leverages innovative debt and equity financing strategies to optimize shareholder value.
Vanguard is a recognized investment management platform with $13 trillion in assets under management. The asset manager has gained indirect exposure to Bitcoin through its new investment in Metaplanet’s BTC treasurer strategy, based on the report above.
The $7.5 million investment places Metaplanet shares in Vanguard’s VSS ETF holdings, giving it indirect exposure to the firm associated with Bitcoin accumulation.
Wall Street sees Bitcoin’s biggest opportunity
Vanguard’s investment in Metaplanet’s stock reflects its conviction in the opportunities built around Bitcoin-focused operations. The approach shows how public companies are differently managing their Bitcoin exposure in the current market.
Today, Wall Street giant Vanguard officially made a bold statement in the crypto landscape by disclosing a massive $7.5 million Bitcoin position in Metaplanet’s stock. This investment clearly shows that top financial institutions are betting big on the future of digital assets.

XRP is moving deeper into Wall Street. This is true, as Aviva Investors today announced its strategic decision to launch a tokenized money-market fund on Ripple’s XRP Ledger.
Aviva Investors is a UK-based investment management company that focuses on long-term capital growth for institutional and private investors, commercial borrowers, and business entities.
Aviva Investors expands liquidity fund to XRP
According to the announcement, Aviva Investors has added XRP Ledger to its institutional crypto strategy. The investment management platform launched a tokenized share class of its £22 billion (around $29.4 billion) sterling liquidity fund on the XRP Ledger, according to the report.
The fund leverages UK Sterling-denominated short-term debt instruments to unlock round-the-clock liquidity for investors. With this strategic debut, Aviva Investors has expanded the fund’s on-chain investment applications for institutional capital management, powered by the Ripple blockchain.
With the integration, the XRP Ledger now enables the investment platform to efficiently issue and manage the tokenized GBP liquidity fund, driven by XRP’s rapid, secure, and low-cost blockchain transactions. The move marks a crucial step in Aviva Investors’ strategy to widen its digital asset offerings and expand liquidity options for institutional investors.
The Sterling Liquidity Fund was introduced in 2002 and has operated in a “digital twin” framework, where investor holdings run on-chain while the fund continues to operate off-chain.
The integration and its meaning for investors
Aviva Investors’ new expansion aims to leverage the unique capabilities of XRP Ledger to offer more diversified and on-demand on-chain liquidity solutions. By integrating XRP, the traditional investment platform aims to give customers more investment options and access to a wider range of digital assets.
A major Wall Street player launching a money market fund on the XRP network signals growing user interest in blockchain technologies. The aim is to create new opportunities for investors seeking exposure to the burgeoning digital economy.

Cardano’s ADA may be struggling to shake off its prolonged bearish slump, but a prominent crypto pundit believes the altcoin is on the cusp of a jaw-dropping comeback.
Popular market watcher Crypto Captain has made a bold prediction that ADA could skyrocket to $4 before 2026 ends, potentially delivering over 1,800% gains from current levels and smashing its record high. With just over two months left in the year, the explosive forecast is raising a tantalizing question: could Cardano be gearing up for one of the biggest rallies in crypto history?
Crypto Captain’s Weekly Chart Signals Potential ADA Breakout Toward $4
Crypto Captain supported his bullish outlook with a weekly chart mapping Cardano’s historical performance and a potential recovery path extending into 2027. The chart captures ADA’s price movements from 2023 through 2026, showing the token trading near $0.2157 after retreating sharply from its January 2025 peak above $1.
A rising trendline drawn across earlier price action suggests a longer-term turnaround. The chart’s projected trajectory suggests ADA could stage a powerful rally, potentially break above its previous all-time high of $3.10, and advance toward the analyst’s ambitious $4 target.
Crypto Captain expects Cardano to reach the $4 milestone before 2026 ends. Yet, with just over two months left in the year, the ambitious forecast raises questions about what could spark such a dramatic rally, especially as ADA continues to struggle amid persistent bearish pressure.
Can ADA Pull Off the Record-Breaking Rally Needed to Hit $4?
Since Crypto Captain published his forecast, ADA has continued to face bearish pressure and recently slipped below $0.21. As of this writing, Cardano was trading at $0.207, leaving investors watching for signs of a potential recovery.
From this level, ADA would need to surge 1,833% to reach the $4 target. Such a rally would propel the token well beyond its current all-time high of around $3.09, setting a new record for the 18th-largest cryptocurrency.
A $4 price would also imply a market capitalization of approximately $147 billion, based on the circulating supply used in the earlier estimate. This highlights the enormous rally Cardano would need to deliver for the commentator’s ambitious forecast to become reality.

Israel’s central bank has pushed back on suggestions to use digital assets to bypass potential sanctions amid prolonged geopolitical tensions. In recent years, countries sanctioned by most Western governments have turned to the asset class to help protect financial institutions and the local economy.
Israel’s Opposition Piles Up Pressure
Prime Minister Benjamin Netanyahu is considering deploying blockchain technology if key trading partners sanction the country. This comes after growing criticism of settlement expansion in the West Bank and increasing reports of violence.
Netanyahu described blockchain as one alternative, but the central bank and other economists are not convinced by the approach. Per local reports, he would take the bank’s position into consideration but will do what’s best for the country.
In a statement, the bank said crypto cannot circumvent sanctions with the right legal action, maintain economic ties between trading partners, and avoid negative impacts on the economy. The UK, France and Canada have threatened sanctions after prolonged geopolitical tensions.
Both economists and opposition leaders have openly criticized the crypto plan, citing economic data. Former central bank governor Jacob Frenkel, along with more than 100 economists, signed a letter warning of unemployment and dwindling foreign investment as the country turns to digital assets.
Furthermore, experts questioned how practical the plan could turn out considering other nations that have deployed digital assets. “It’s not possible to circumvent sanctions with digital currencies as the blockchain system is publicly open and transparent, which means that every transfer is registered and can be traced to its origin.”
This year, Defense Minister Israel Katz announced sanctions on 37 crypto wallets linked to Iran, stressing that they would continue clamping down on all funding routes. This shows that blockchain transactions can be tracked and are not an effective way to bypass sanctions.
Meanwhile, opposition leaders like Gadi Eisenkot and Yair Lapid hammered the plan, describing it as “madness,” “Bibicoin policy,” and a “bypass economy” respectively.
Several nations have turned to digital assets to circumvent sanctions, raising scrutiny around the asset class.
After Russia’s invasion of Ukraine and the resulting sanctions, the government and financial institutions softened their stance on Bitcoin and private digital assets. United States lawmakers have called for stricter rules around Bitcoin and stablecoins.

David Schwartz, former CTO of Ripple, has defended the continued relevance of XRP in international finance. In the interview aired Saturday, the manager argued that banks may still have to choose XRP over Ethereum and Solana for some use cases.
His comments come as rivalry among Ripple, Ethereum, and Solana continues to intensify in on-chain finance. Amid the competition, global firms favor different protocols due to core infrastructure and regulatory clarity.
Ethereum, XRP, or Solana? Which is better for banks
In the podcast, Schwartz said XRP can be better situated for certain use cases. He said financial institutions are adopting the Ripple network for ‘advantageous’ payment settlements and DeFi applications. The CTO explained why banks should prefer XRP over other on-chain networks like Ethereum, Solana, and others, given Ripple Ledger’s built-in design.
He said financial institutions worldwide are increasingly adopting XRP infrastructure developed by Ripple Labs because of the network’s fast, low-cost cross-border transactions, high liquidity, robust on-chain applications, and transparency. These extraordinary attributes make Schwartz convinced that XRP has the upper hand over rivals. This explains why he believes banks should use XRP for payment and on-chain applications.
He mentioned that XRP offers supersonic transaction speeds, with transaction times of 3-5 seconds and extremely low transaction fees. This is in sharp contrast to Ethereum which executes slow transactions and has higher transaction fees.
While both Solana and XRP support high throughput and offer fast, low-cost transactions, the two networks are designed to address very different problems.
XRP operates as an institutional payment network, specializing in the $150+ trillion cross-border settlement market through banking partnerships and regulatory clarity. On the other hand, Solana functions as a decentralized application network, built to power the emerging gaming, NFT, and DeFi economies through high speed and developer flexibility.
Schwartz explains why XRP is different
In the interview, Schwartz admitted that Solana and Ethereum each have unique advantages. He explained what XRP offers, including institutional adoption, cost efficiency, and speed. Based on his statement, these make XRP a better choice for banking, cross-border transactions, and international payment solutions.
XRP has witnessed massive adoption among prominent financial companies like MoneyGram, American Express, Santander, and several other global banks. This suggests XRP has strong potential to be adopted by other banks worldwide to power their global payment systems.

The question about Bitcoin’s death appears to be screaming louder lately. This is in connection with Binance founder CZ, who on Saturday reminded the capital market that the phrase ‘Bitcoin is dead’ has been said many times before.
‘Bitcoin is dead’ searches surge to record high
CZ’s comments implied that there’s nothing wrong with such statements, as ‘Bitcoin is dead’ headlines have been shouted countless times before. His remarks come at a time when Google searches for ‘Bitcoin’ have reached a higher scale, the strongest reading in roughly four years.
Google Trends data shows worldwide searches for ‘Bitcoin is dead’ have surged to all-time highs, reaching levels not seen since the FTX collapse in November 2022. FTX exchange filed for bankruptcy protection on November 11, 2022, after a sudden liquidity crisis due to a massive number of customer fund withdrawals and loss of trust. This was the same month when Bitcoin hit its lowest monthly level at $15,599 during that year.
Why BTC is struggling and what’s next
With just one week left in October, the cryptocurrency market is facing heightened volatility. This is seen as Bitcoin fell $ 80,000 yesterday as institutional outflows, leverage liquidations, and a wide market sell-off dampen investor confidence.
Google Trends data currently shows a steep rise in negative and extreme search terms, with phrases like ‘Bitcoin is dead’ recording substantial surges. On his X account, the Binance founder noted that those particular moments of extreme negative sentiment have historically been the best times to buy BTC.
Yesterday, on Saturday, Bitcoin dropped to 79,220 after the geopolitical tensions between the US and Iran escalated further. This triggered massive $841 million in crypto liquidations within 24 hours, with long positions most affected.
BTC has bounced back, currently hovering at $80,872, but trades below its 50-day moving average, suggesting possible further volatility. The larger crypto market is experiencing greater uncertainty after US inflation figures exceeded expectations, raising concerns that the Fed could increase interest rates before the end of the year.

Dogecoin (DOGE) may be edging closer to a key inflection point, with market analyst Ali Martinez identifying $0.081 as a level where technical signals, on-chain support, and whale accumulation align.
Source: Ali Martinez
If the top meme coin follows this playbook, Martinez says DOGE could climb to the $0.16 to $0.17 zone from its current price of $0.079, per CoinGecko data.
Why Does $0.081 Count?
Looking deeper into Dogecoin’s technical picture, Martinez notes that the $0.081 level remains central to the meme coin’s bullish thesis because losing this support could weaken expectations for an upward move.
On-chain data supports this analysis: Dogecoin’s UTXO Realized Price Distribution (URPD) shows that about 36 billion DOGE previously changed hands around $0.081.
Source: Ali Martinez
Interestingly, whales appear to be positioning around the $0.0081 support zone, with Martinez noting that these large holders have accumulated approximately 600 million DOGE since October 12.
Meanwhile, crypto analyst Trader Tardigrade believes Dogecoin may be repeating a structure seen during an earlier uptrend, with a potential sell-side liquidity (SSL) sweep forming as part of the setup, which is worthwhile because such a move could precede a reversal.

Asheesh Birla, the CEO of Evernorth Holdings Inc., revealed why the Nasdaq-listed digital asset treasury firm chose XRP over Bitcoin. In the recent interview with the Thinking Crypto podcast, Birla emphasized that XRP is playing an increasingly vital role in on-chain finance.
Bitcoin vs XRP, Birla speaks out
On the Thinking Crypto podcast on Thursday, Asheesh Birla explained why the company chose XRP as the foundation of its digital asset treasury strategy, not Bitcoin.
Although the CEO recognized Bitcoin’s massive value, he pointed out that the asset has little on-chain mobility. “With BTC, you can move, you can hold, but you can’t really do much on-chain,” he explained.
The executive further said the world is moving toward on-chain, and XRP plays a substantial role in that process. He said that shift has encouraged financial institutions to tokenize assets and evaluate blockchain’s ability to trade global finance with greater security and efficiency.
Although Bitcoin has paved the way by showing that digital assets can deliver value, Birla is convinced XRP is the top choice for onchain finance and RWA tokenization.
Why he believes XRP is the best bet
In the podcast, Birla shared the outlook on XRP’s long-term capability, institutional adoption, and its rising role in the global financial ecosystem. He noted that Bitcoin treasury strategies (like MicroStrategy and others) are more passive, as they simply buy and hold BTC on their balance sheet. He said XRP is quite different, as Evernorth plans to generate risk-adjusted yields from its XRP holdings through TradFi strategies and burgeoning on-chain networks.
Evernorth’s CEO expects DeFi applications, lending, and vaults on the XRP Ledger to attract institutional money and broaden XRP liquidity. He said the company’s Nasdaq listing is a significant achievement for XRP. He said the company plans to allocate its 473 million XRP holdings gradually to institutional lending and on-chain earning opportunities, prioritizing security, liquidity, and long-term returns.

The RWA market is evolving rapidly, according to a new report shared today by institutional platform GSR. Although Ethereum continues to lead the sector, the new data revealed that its dominance has declined as other major crypto networks gain significant market relevance.
Ethereum’s grip loosens in RWA tokenization
The data shows an alarming trend: Ethereum’s dominance in the RWA sector has fallen by almost 30% over the past year. The blockchain remains the dominant network, accounting for over 40% of RWA market cap.
Ethereum’s dominance has dropped sharply from 71% 12 months ago to 40% today. While the decline from 71% appears huge, the network still controls a large portion of the RWA market. This decline is driven mainly by a key, healthy market dynamic: multichain expansion.
Multichain expansion is becoming more evident as the wider crypto landscape matures. Specialized Layer-1 networks are developing niches for tokenized assets (such as commodities, treasury bills, real estate, and more).
Ethereum’s declining share of the RWA market indicates a maturing, diversifying on-chain economy. Financial institutions and asset managers are increasingly building tokenized asset applications on other major Layer-1 networks.
Rivals gain ground in key segments
While Ethereum benefits most as the RWA base layer, competitors are gaining relevance in the RWA space. Beyond Ethereum, the GSR report shows institutions trust BNB Chain, Solana, Stellar, and Avalanche to run their tokenized utilities.
Institutions increasingly use these chains as alternative Layer-1 infrastructure because of their low cost, scalability, speed, and Ethereum compatibility.
BNB Chain, Solana, Stellar, and Avalanche’s popularity in the RWA sector isn’t by accident. It comes down to core infrastructure design, which is why major institutions are choosing them to run their RWAs on-chain.
These chains offer the best of both worlds: the security of Ethereum and the scalability required for institutional-level transactions. As global institutions continue to assess the benefits of tokenized applications and blockchain-based asset management, BNB Chain, Solana, Stellar, and Avalanche stand out as preferred infrastructures, offering an ideal mix of scalability, low-cost transactions, speed, and trust.
This shows that blockchain is more than crypto; it’s about real-world finance, real-world applications, and real-world value.