Bitcoin Exchange Netflow Turns Positive After 38 Days
Bitcoin exchange netflow has turned positive for the first time since September 21. The shift suggests BTC deposits are exceeding withdrawals, but large-scale selling has not yet emerged. Traders are watching whether exchange inflows lead to increased selling pressure or remain limited. Bitcoin is showing a notable change in on-chain activity as exchange netflow turns positive for the first time since September 21. The shift ends a period of predominantly negative netflows, when more Bitcoin was leaving exchanges than entering them. The latest Bitcoin exchange netflow reading suggests that holders are becoming less aggressive about withdrawing BTC from trading platforms. One market observation summarized the situation: “Holders stopped withdrawing, but sellers aren’t here in size yet.” This distinction is important because exchange deposits do not automatically mean investors are selling their Bitcoin. While some holders transfer BTC to exchanges in preparation for trading, others may move funds for custody, collateral or liquidity management. For now, the data suggests that the balance between deposits and withdrawals has changed without clear evidence of a major wave of selling. The development comes as investors continue monitoring Bitcoin’s broader market direction. What Positive Bitcoin Exchange Netflow Means Bitcoin exchange netflow measures the difference between BTC entering cryptocurrency exchanges and BTC leaving them. When netflow is negative, withdrawals exceed deposits. This is often associated with investors moving Bitcoin into private custody, potentially reducing the amount immediately available for trading. Positive netflow means more Bitcoin is entering exchanges than leaving them. Such a shift can indicate that holders are preparing to trade or reposition their assets. However, the implications depend heavily on the size and persistence of those inflows. A small positive reading may simply reflect normal exchange activity rather than a meaningful change in investor sentiment. Sustained large inflows, particularly when accompanied by increasing spot selling volume, would provide stronger evidence of potential selling pressure. The latest observation suggests that sellers have not yet appeared in significant numbers. That means the current change should be viewed as an early signal rather than confirmation of a bearish trend. Bitcoin exchange netflow turned positive for the first time since September 21. “Holders stopped withdrawing, but sellers aren’t here in size yet.” – By @IT_Tech_PL pic.twitter.com/gsExwhJUIh — CryptoQuant.com (@cryptoquant_com) October 29, 2026 Could Bitcoin Exchange Inflows Pressure BTC Prices? The return of positive Bitcoin exchange netflow raises questions about whether Bitcoin could face additional selling pressure. If more holders begin transferring BTC to exchanges and selling those coins, available supply could increase. Without sufficient buying demand, that additional supply may weigh on prices. However, the current data does not establish that such a scenario is unfolding. Traders will likely monitor whether positive netflows continue over the coming days and whether spot trading volumes begin rising. Other indicators, including exchange reserves, large-holder activity and institutional investment flows, could provide additional context. If exchange inflows remain modest while demand improves, Bitcoin may avoid significant selling pressure. Conversely, a sustained increase in deposits alongside weak buying activity could become a warning sign. The reported shift also does not provide a specific Bitcoin price target or predict the timing of the next market move. For now, Bitcoin’s first positive exchange netflow since September 21 signals changing holder behavior, but not necessarily an incoming sell-off. The next important development will be whether the additional BTC entering exchanges translates into actual selling activity.
Tokenized Stocks Market Cap Hits $4.63B, Eyes 64x Growth
Tokenized stocks have reached a market capitalization of $4.63 billion, according to Token Terminal. Stablecoins stood at a similar valuation in March 2020 before expanding roughly 64 times to $297 billion. The comparison highlights tokenization’s potential, but similar future growth is far from guaranteed. Tokenized stocks have reached an important milestone, with their combined market capitalization climbing to $4.63 billion, according to Token Terminal. The figure has attracted attention because it matches the approximate size of the stablecoin market in March 2020. Since then, stablecoins have expanded dramatically, reaching approximately $297 billion, representing roughly 64 times growth. The comparison has raised an interesting question: Could tokenized stocks experience a similar expansion? The growing tokenized stocks market cap reflects increasing interest in bringing traditional financial assets onto blockchain networks. Tokenized stocks are blockchain-based representations of shares in publicly traded companies. Depending on their structure, these tokens may provide economic exposure to stock prices, although they do not always offer the same ownership rights as traditional shares. Their appeal comes from the possibility of combining familiar financial assets with blockchain-based trading and settlement infrastructure. However, the current market remains relatively small compared with the broader global equity market. Why Tokenized Stocks Market Cap Is Drawing Attention The comparison between the tokenized stocks market cap and the stablecoin market in 2020 highlights how quickly blockchain-based financial products can develop. Stablecoins initially served a relatively narrow role in cryptocurrency trading. Over time, their use expanded into payments, decentralized finance, international transfers and other financial applications. That broader adoption helped support substantial growth in circulating supply. Tokenized stocks could potentially follow a different but equally important path. Blockchain infrastructure may allow investors to transfer tokenized equity exposure more efficiently and access certain markets beyond traditional trading hours. It could also support faster settlement and new financial products built around tokenized assets. However, tokenized stocks face challenges that differ from those of stablecoins. These include securities regulations, investor protections, liquidity and the legal rights attached to each token. A token representing exposure to a company’s stock is not necessarily equivalent to holding that company’s shares directly. Such differences could influence how quickly institutional investors and retail traders adopt these products. HUGE: Tokenized stocks have climbed to a $4.63B market cap, the same level stablecoins hit in March 2020 before growing 64x to $297B, per Token Terminal. pic.twitter.com/FAwfhFWkhA — Cointelegraph (@Cointelegraph) October 29, 2026 Could Tokenized Stocks Follow Stablecoins’ 64x Growth? The rise in tokenized stocks market cap has created optimism about the future of real-world asset tokenization. If the sector eventually experienced growth comparable to stablecoins’ historical expansion, its market capitalization could approach $297 billion. However, this is a mathematical comparison, not a market forecast. There is no guarantee that tokenized stocks will follow the same adoption curve or reach a similar valuation. Stablecoins and tokenized equities serve different purposes and operate under different regulatory requirements. Future growth will likely depend on clearer rules, stronger market liquidity and greater participation from established financial institutions. The development of reliable custody, settlement and trading infrastructure will also be important. For now, the $4.63 billion milestone shows that tokenized stocks are becoming a more visible part of blockchain finance. Whether the sector can repeat stablecoins’ remarkable expansion remains uncertain, but its growing market size suggests that interest in tokenizing traditional assets is continuing to bu
Stellar Project Thruput Hits 7.02M Payments Per Second
Stellar has introduced Project Thruput, a new execution model currently running on FutureNet. Early benchmarks recorded an impressive 7.02 million payments per second. The project uses multiple machines to scale transaction processing, but mainnet performance remains unproven. Stellar has introduced a new blockchain execution model called Project Thruput, designed to dramatically increase payment processing capacity. The project is already live on FutureNet, Stellar’s testing environment, where early benchmarks reportedly reached 7.02 million payments per second. The performance figure represents a significant milestone for blockchain scalability research. Unlike traditional execution systems that rely heavily on the processing capacity of individual machines, Stellar Project Thruput distributes execution across multiple machines. This approach aims to overcome hardware limitations that can restrict how many transactions a blockchain processes simultaneously. For a network focused on payments and financial transfers, greater processing capacity could eventually support much larger transaction volumes. However, the reported results come from early benchmarks rather than normal mainnet activity. That distinction is important because performance in a controlled testing environment may differ significantly from real-world network conditions. How Stellar Project Thruput Improves Blockchain Scalability The main innovation behind Stellar Project Thruput is its ability to scale transaction execution across multiple machines. In conventional blockchain systems, transaction processing can become a bottleneck as network activity increases. Even when more powerful hardware is introduced, a single machine can eventually reach its processing limits. Project Thruput explores a different approach by allowing execution workloads to be distributed across several machines. This could make it possible to increase overall processing capacity as additional computing resources become available. The reported benchmark of 7.02 million payments per second demonstrates the potential of this architecture under the conditions tested. However, transaction execution speed is not the same as fully confirmed network throughput. A production blockchain must also handle consensus, data availability, transaction validation and other operational requirements. The available announcement does not establish that Stellar’s mainnet can currently process 7.02 million confirmed payments every second. Further testing will be necessary to determine how the execution model performs under realistic conditions. NEW: Stellar introduces Project Thruput, a new execution model live on FutureNet that hit 7.02M payments per second in early benchmarks by scaling across multiple machines. pic.twitter.com/HMDtE4SEmu — Cointelegraph (@Cointelegraph) October 29, 2026 What Project Thruput Means for Stellar and XLM The introduction of Stellar Project Thruput could strengthen Stellar’s long-term position in blockchain-based payments. High transaction capacity is particularly important for financial applications that need to process large numbers of transfers quickly and efficiently. If the technology proves reliable, it could support future payment services, stablecoin transactions and other high-volume financial applications. The project may also attract interest from developers exploring blockchain infrastructure for large-scale operations. However, there is currently no confirmed timeline for bringing Project Thruput to Stellar’s mainnet. The announcement also does not establish how the technology will affect transaction fees or the price of Stellar’s native token, XLM. For now, the focus remains on testing the execution model and evaluating its practical limitations. Stellar’s early 7.02 million payments-per-second benchmark is an encouraging technical achievement, but real-world adoption will depend on further development and testing. If successful, Project Thruput could help demonstrate how distributed execution can improve blockchain scalability without relying on a single machine’s processing power.
Ledger Wallet Security Alert: $2.7M Stolen in Singapore
Singapore police warned that some Ledger hardware wallets sold through local retailers contained malicious hardware implants. At least two cases reported since September 10 have resulted in approximately S$3.5 million ($2.7 million) in losses. Ledger is reviewing the incidents while police investigations continue. Singapore police have issued a warning after discovering that some Ledger cryptocurrency hardware wallets purchased from local retailers contained malicious hardware implants. According to a police statement on October 28, 2026, the compromised devices were capable of stealing users’ wallet recovery phrases or private keys. The Ledger wallet security alert follows at least two reported cases since September 10, with combined losses reaching approximately S$3.5 million ($2.7 million). The incidents have raised concerns about the security of cryptocurrency hardware wallets purchased through retail channels. Ledger is a French company known for manufacturing hardware wallets designed to help users store cryptocurrency private keys offline. These devices are widely used by investors who want greater control over their digital assets. However, the reported incidents suggest that malicious modifications to physical devices can create serious risks, even when users believe they are using a secure hardware wallet. Authorities have not publicly established how the affected devices were modified or how they entered the retail supply chain. How Malicious Ledger Wallet Implants Threaten Crypto The Ledger wallet security alert highlights the dangers of hardware tampering and supply-chain attacks. Hardware wallets are designed to protect private keys by keeping sensitive information separate from internet-connected devices. However, a malicious implant could potentially undermine those protections. According to Singapore police, the modified devices were capable of compromising recovery phrases or private keys. A recovery phrase is a set of words that allows a user to restore access to a cryptocurrency wallet. Anyone who obtains that phrase may be able to access the associated digital assets without the owner’s permission. This makes recovery phrase security especially important. The reported losses demonstrate how costly a compromised wallet can become. However, the incidents do not establish that all Ledger devices are vulnerable or that Ledger’s standard hardware security systems have been broadly compromised. The warning specifically concerns certain devices purchased through local retailers. Singapore Police Say Ledger crypto Wallets Sold at Local Retailers Contained Malicious Hardware Implants Singapore police said on October 28 that some Ledger cryptocurrency hardware wallets purchased from local retailers contained malicious hardware implants capable of stealing… pic.twitter.com/RckYdTzFMq — Wu Blockchain (@WuBlockchain) October 29, 2026 What Ledger Users Should Do After the Security Alert Following the Ledger wallet security alert, cryptocurrency holders should pay close attention to where they purchase hardware wallets. Buying directly from the manufacturer or an officially authorized seller can help reduce supply-chain risks, although it cannot eliminate every threat. Users should also follow the manufacturer’s official setup and authenticity-check procedures. Recovery phrases should never be entered into websites, shared with customer support representatives or stored in unsecured online accounts. Anyone who suspects their device has been physically modified should stop using it and seek guidance through Ledger’s official support channels. If a recovery phrase may already be compromised, transferring funds to a newly generated wallet using a trusted device may be necessary. Meanwhile, Ledger is reviewing the affected cases, and Singapore police investigations remain ongoing. Authorities have not yet announced the full scope of the incidents or identified all potentially affected devices. For now, the Singapore Ledger wallet incidents serve as a reminder that physical device security is just as important as protecting cryptocurrency accounts online. As investigators examine the reported losses, users are being reminded to treat wallet authenticity and recovery phrase protection as essential safeguards.
Bitcoin Volatility Hits 2023 Lows as Market Turns Quiet
Bitcoin volatility has fallen to levels last seen during summer 2023, according to Glassnode. The current market resembles 2023’s cycle of a rally, meme coin speculation, altcoin excitement and eventual calm. Low volatility could precede a significant price move, but it does not predict whether Bitcoin will rise or fall. Bitcoin is entering another unusually quiet period, with market volatility dropping to levels comparable to those seen during summer 2023. According to on-chain analytics firm Glassnode, the current market environment closely resembles a familiar pattern from that year. In 2023, Bitcoin experienced a rally followed by growing excitement around meme coins and alternative cryptocurrencies. After the speculative activity cooled, the market entered a relatively calm phase. Now, a similar sequence appears to be unfolding. The latest decline in Bitcoin volatility suggests that BTC price movements have become less pronounced, even as investors continue searching for signs of the next major trend. For traders accustomed to sharp price swings, the slowdown may feel disappointing. However, quiet market conditions can sometimes mark an important transition rather than a permanent loss of momentum. The comparison with 2023 has therefore attracted attention among investors looking for clues about Bitcoin’s next move. Why Bitcoin Volatility Matters for Crypto Traders Bitcoin volatility measures how much the cryptocurrency’s price changes over a given period. When volatility is high, Bitcoin experiences larger price movements, creating opportunities and risks for traders. When volatility falls, prices generally move within a narrower range. This can happen when buying and selling pressure become more balanced or when market participants are waiting for a stronger catalyst. Low volatility can also reflect reduced speculative activity following periods of intense trading. Glassnode’s comparison suggests that the current slowdown follows a sequence resembling the market behavior observed in 2023. Bitcoin rallied, speculative interest spread into meme coins and altcoins, and trading conditions eventually became quieter. However, similar market patterns do not guarantee identical outcomes. A period of low volatility can end with a strong rally, a sharp decline or continued sideways trading. The direction depends on whether buyers or sellers gain control when market activity increases. UPDATE: Bitcoin volatility has dropped back to summer 2023 levels, mirroring that year’s pattern of a rally, a meme and altcoin frenzy, then a quiet market, per @glassnode. Is a big breakout coming next? pic.twitter.com/AExJdNEPaP — Cointelegraph (@Cointelegraph) October 29, 2026 Could Bitcoin Be Preparing for Another Major Move? The return of Bitcoin volatility to summer 2023 levels raises an important question: Is the market building toward another significant price movement? Historically, extended periods of calm have sometimes preceded larger price swings as trading activity returns. However, low volatility alone is not a reliable bullish signal. A sustained Bitcoin rally would likely require stronger spot demand, improving liquidity and renewed investor confidence. Traders may also monitor exchange flows, institutional activity and changes in derivatives positioning. A sudden increase in trading volume alongside a clear price breakout could provide stronger evidence that market momentum is returning. Conversely, renewed selling pressure could push Bitcoin lower despite the quiet conditions. Glassnode’s observation highlights similarities between the current market and summer 2023, but it does not establish a specific price target or timeline. For now, Bitcoin’s return to historically subdued volatility suggests the market is in a period of consolidation. Whether that calm leads to another rally or a deeper correction will depend on how demand develops in the weeks ahead.
Open Standard led stablecoin issuers in market capitalization growth over the past 30 days, according to Token Terminal. OUSD recorded a $794 million increase in market capitalization during the period. The growth highlights expanding stablecoin supply, although it does not automatically indicate higher trading demand. Open Standard has emerged as the fastest-growing stablecoin issuer by absolute market capitalization increase over the past 30 days, according to data shared by Token Terminal. The standout performer was OUSD, which added approximately $794 million to its market capitalization during the period. The sharp increase in OUSD stablecoin market cap places Open Standard ahead of other stablecoin issuers in the reported ranking. Stablecoins have become an important part of the cryptocurrency ecosystem, supporting trading, payments, lending and transfers between blockchain networks. Unlike cryptocurrencies such as Bitcoin and Ethereum, dollar-pegged stablecoins are designed to maintain a relatively stable value. As a result, changes in their market capitalization are generally more closely associated with changes in token supply than with price appreciation. The latest figures suggest that OUSD has experienced a substantial expansion in its circulating value over the past month. However, Token Terminal’s reported increase does not, by itself, explain which activities or investors drove the growth. Why OUSD Stablecoin Market Cap Growth Matters The rapid rise in OUSD stablecoin market cap could signal growing activity around Open Standard’s stablecoin infrastructure. An expanding stablecoin supply can provide additional liquidity for transactions and other financial activities within the crypto market. For example, stablecoins are commonly used to move dollar-denominated value between wallets, exchanges and decentralized finance platforms. They can also help users maintain exposure to the US dollar without immediately converting digital assets into traditional bank deposits. However, an increase in stablecoin market capitalization should not automatically be interpreted as new money flowing into cryptocurrency investments. Stablecoin supply can change because of token issuance, redemptions, transfers between products or shifts in how existing capital is allocated. Similarly, higher supply does not necessarily mean trading volumes or active user numbers have increased. Understanding the source of OUSD’s growth would require additional information about issuance, redemption activity and how the tokens are being used. UPDATE: Open Standard led stablecoin issuers in market cap growth over the past 30 days, with $OUSD adding $794M, per Token Terminal. pic.twitter.com/F0UnbZOwDI — Cointelegraph (@Cointelegraph) October 28, 2026 Can Open Standard Maintain Its Stablecoin Growth? The reported $794 million expansion gives Open Standard a notable position in the latest stablecoin market rankings. Still, maintaining that momentum will depend on whether demand for OUSD remains strong. Investors and market observers may watch future supply changes, transaction activity and the stability of the token’s dollar peg. The ability to support redemptions and maintain confidence in the assets backing a stablecoin is also important for long-term adoption. A continued increase in circulating supply could suggest that more users or platforms are choosing OUSD for their financial activities. On the other hand, a slowdown in issuance or an increase in redemptions could reduce its market capitalization. The reported data covers only the past 30 days and does not establish how OUSD will perform in the coming months. For now, Open Standard’s $794 million OUSD market capitalization increase stands out as a significant development in the stablecoin sector. Whether the expansion translates into lasting adoption will become clearer as more data on usage and circulating supply emerges.
Bitcoin Realized Cap Rises, Hinting at a 2023-Style Rally
Bitcoin’s realized capitalization is showing renewed growth, suggesting improving market conditions. Analysts see similarities with Bitcoin’s recovery in 2023, when stronger capital flows supported a healthier market. Sustained buying demand and continued realized cap growth are needed to confirm a bullish trend. Bitcoin may be showing an encouraging signal as its realized capitalization begins rising again, raising hopes of a stronger market recovery. The Bitcoin realized cap measures the total value of BTC based on the price at which each coin last moved on-chain, rather than its current market price. Unlike traditional market capitalization, this metric helps analysts understand how the network’s aggregate cost basis changes over time. When realized capitalization increases, it can suggest that Bitcoin is being transferred at higher prices, potentially reflecting fresh capital entering the market. A recent market observation suggests that the renewed increase could be meaningful. “If both hold, this renewed rise could mark the early stage of a healthier market structure, as it did in 2023.” The statement points toward a possible recovery pattern similar to the one observed during Bitcoin’s previous market rebound. However, the observation does not specify the two conditions being referenced, so the signal should not be treated as confirmed. Why Bitcoin Realized Cap Matters for BTC Prices The renewed growth in Bitcoin realized cap is attracting attention because the indicator can provide insights into broader market participation. During weak market conditions, realized capitalization may stagnate or decline as coins move at lower prices. A sustained increase can indicate that the network’s aggregate cost basis is strengthening. This may reflect improving investor confidence, especially when accompanied by rising spot demand. Bitcoin experienced a notable recovery during 2023, when market sentiment gradually improved following the difficult conditions of 2022. That period demonstrated how changes in on-chain capital metrics can accompany a broader market turnaround. Still, realized capitalization alone cannot determine whether Bitcoin is entering another bull market. Coins moving between wallets can affect the metric without necessarily representing entirely new investment. Analysts therefore consider realized cap alongside trading volume, exchange activity and other indicators of demand. A short-lived increase may offer limited evidence, while consistent growth across several weeks could provide a stronger signal. A Renewed Rise in Bitcoin’s Realized Cap Is a Good Sign, but It Needs Follow-Through “If both hold, this renewed rise could mark the early stage of a healthier market structure, as it did in 2023.” – By @metaverse9429 pic.twitter.com/AUppM498c3 — CryptoQuant.com (@cryptoquant_com) October 28, 2026 Can Bitcoin Repeat Its 2023 Recovery? The possibility of another 2023-style recovery is encouraging, but Bitcoin still needs confirmation from broader market activity. For the current rise in Bitcoin realized cap to become more convincing, investors would likely want to see sustained growth alongside stronger spot buying. Positive institutional investment flows could also help support market confidence. At the same time, reduced selling pressure from existing holders may give buyers a better opportunity to push prices higher. However, weak demand or renewed market volatility could interrupt the recovery. The latest observation does not establish a specific Bitcoin price target or timeline for a rally. It also does not guarantee that the current market will follow the same path as 2023. For now, the renewed rise in Bitcoin’s realized capitalization is a constructive development, but sustained demand will determine whether it becomes a lasting bullish signal. If the improvement continues alongside healthier market participation, Bitcoin could be building a stronger foundation for its next major move.
Moody’s Ratings has assigned Ripple’s RLUSD stablecoin A2 long-term and P-1 short-term ratings. The assessment highlights reserves held primarily in US Treasury securities and cash. The ratings could strengthen confidence in RLUSD, although they do not eliminate stablecoin risks. Ripple’s US dollar-backed stablecoin, RLUSD, has received A2 long-term and P-1 short-term ratings from Moody’s Ratings. The assessment draws attention to the stablecoin’s reserve structure, which reportedly consists primarily of US Treasury securities and cash. The Ripple RLUSD Moody’s rating development marks an important moment for a digital asset designed to maintain a stable value relative to the US dollar. Stablecoins are increasingly used for cryptocurrency trading, payments and financial settlement. However, their reliability depends heavily on the quality, liquidity and management of the assets supporting their value. Moody’s assessment places particular emphasis on RLUSD’s reserve composition. US Treasury securities are generally considered highly creditworthy, while cash can provide liquidity for meeting redemption requests. Together, these assets may help support a stablecoin issuer’s ability to manage obligations. However, the announcement does not provide a detailed breakdown of RLUSD’s reserve holdings or the full methodology behind the assigned ratings. What A2 and P-1 Ratings Mean for RLUSD The Ripple RLUSD Moody’s rating includes two separate assessments covering different time horizons. An A2 rating sits within Moody’s upper-medium-grade long-term credit rating category. It generally indicates relatively strong credit quality, although the assessed obligation remains exposed to some credit risk. Meanwhile, P-1 is Moody’s highest short-term rating category, associated with a strong ability to meet short-term obligations. These ratings may be particularly relevant to institutions evaluating financial products linked to stablecoin reserves. However, users should distinguish between a credit rating and a guarantee of redemption. Ratings represent an agency’s assessment under its applicable methodology and can change as financial conditions evolve. They do not eliminate operational, custody, regulatory or liquidity risks. The available announcement also does not clarify the precise legal entity or obligation covered by the ratings. That distinction matters because a rating associated with a stablecoin arrangement should not automatically be interpreted as a guarantee covering every token holder. TODAY: Moody’s Ratings has assigned Ripple’s RLUSD stablecoin A2 long-term and P-1 short-term ratings, citing reserves held mostly in US Treasurys and cash. pic.twitter.com/aYAs1fN1M5 — Cointelegraph (@Cointelegraph) October 28, 2026 Why Ripple RLUSD Moody’s Rating Matters The latest Ripple RLUSD Moody’s rating could attract attention from financial institutions exploring stablecoin-based payments and settlement. Traditional credit assessments may help investors and businesses evaluate risks using familiar financial standards. As stablecoin adoption expands, reserve transparency and independent assessments are becoming increasingly important. Institutions considering digital dollar products often examine whether reserve assets can support redemptions during periods of market stress. RLUSD’s reported reliance on US Treasurys and cash may be viewed positively in that context. However, reserve quality is only one part of stablecoin risk management. Investors must also consider redemption terms, asset custody, legal protections and the issuer’s operational arrangements. The ratings do not establish that RLUSD is risk-free or that its market price can never deviate from one dollar. They also do not directly predict changes in XRP’s price. For now, Moody’s A2 and P-1 assessments highlight the reported quality of RLUSD’s reserves and the growing role of traditional credit analysis in the stablecoin market. The development may support institutional interest, although adoption will depend on broader market demand and confidence in the stablecoin’s operations.
Bitcoin is down 4.2% in October, according to CryptoQuant, disappointing investors expecting an Uptober rally. BTC is heading toward a second consecutive October with negative monthly returns. November could bring a recovery, but stronger spot demand and improving market sentiment will be essential. Bitcoin’s traditionally bullish October narrative is facing another setback as the cryptocurrency struggles to regain upward momentum. According to CryptoQuant, Bitcoin has declined approximately 4.2% in October 2026, putting the market on track for its second consecutive negative October. The latest Bitcoin Red October performance challenges the popular “Uptober” narrative, which reflects the cryptocurrency’s historically favorable October returns. Many traders entered the month hoping that seasonal trends would support a stronger BTC recovery. Instead, Bitcoin has faced continued market weakness, leaving investors questioning whether the final months of 2026 can deliver a turnaround. However, October has not yet ended. Bitcoin could still recover some of its losses before the monthly candle closes, although reversing the entire decline would require a stronger rebound. The reported 4.2% loss represents the month’s performance at the time of CryptoQuant’s observation, not a confirmed final monthly return. Why Bitcoin Red October Is Disappointing Investors The possibility of another Bitcoin Red October is notable because October has historically been associated with positive Bitcoin returns. That reputation helped create the Uptober narrative, which has become widely followed among cryptocurrency traders. However, seasonal patterns are not reliable guarantees of future price movements. Bitcoin’s performance depends on several factors, including investor demand, liquidity conditions, institutional activity and broader financial market sentiment. Weak spot demand can make it difficult for BTC to maintain a sustained recovery, even when selling pressure begins to decline. At the same time, uncertainty in traditional financial markets can influence investors’ willingness to hold volatile assets. A second consecutive negative October would reinforce concerns that historical seasonal trends are becoming less dependable. Still, one disappointing month does not automatically establish the direction of Bitcoin’s next major move. LATEST: Uptober has disappointed, with Bitcoin down 4.2% and heading for a second straight red October, per CryptoQuant. Can November turn things around? pic.twitter.com/HXcqTfAA9O — Cointelegraph (@Cointelegraph) October 28, 2026 Can November Reverse Bitcoin’s Decline? With October nearing its end, attention is shifting toward whether November could deliver a stronger performance. A recovery would likely require more consistent buying activity in the Bitcoin spot market. Investors may also monitor spot Bitcoin ETF flows, exchange inflows and accumulation among large holders for signs of improving demand. Positive institutional flows could support market sentiment, while reduced selling pressure may help Bitcoin establish a more stable foundation. However, a decline in selling activity alone does not guarantee a rally. Buyers must absorb available supply and demonstrate enough conviction to support higher prices. Broader economic conditions could also influence Bitcoin’s performance during November. If investors become more comfortable taking risks, BTC may benefit from renewed interest. Conversely, continued market uncertainty could delay a recovery. The available CryptoQuant observation does not provide a specific November price target or confirm that Bitcoin has established a market bottom. For now, Bitcoin Red October remains the dominant market narrative, with BTC down 4.2% and facing a possible second consecutive negative October. November could offer an opportunity for recovery, but the outcome will depend on whether demand strengthens enough to reverse the current weakness.
Binance Brazil Crypto License Filing Triggers Restrictions
Binance applied for a Brazilian crypto license on October 23 through its local entity, BBrasil. The exchange began restricting eight services and delisting 22 tokens for Brazilian users on October 27. Binance plans to complete its local payment-account migration by October 29, ahead of the October 30 deadline. Binance applied for a Brazilian crypto license on October 23 through its local entity, BBrasil. The exchange began restricting eight services and delisting 22 tokens for Brazilian users on October 27. Binance plans to complete its local payment-account migration by October 29, ahead of the October 30 deadline. Binance is making significant changes to its Brazilian operations as the cryptocurrency exchange works to meet new regulatory requirements. According to Blocknews, Binance submitted an application to Brazil’s central bank on October 23, 2026, through its local entity, BBrasil. The company is seeking authorization to operate as a virtual asset service provider, known locally as an SPSAV. The Binance Brazil crypto license application comes ahead of the country’s October 30 regulatory deadline. However, submitting an application does not mean the exchange has already received regulatory approval. The filing represents a step toward operating under Brazil’s developing cryptocurrency regulatory framework. As part of its compliance efforts, Binance has also introduced changes affecting products and tokens available to Brazilian customers. Binance Restricts Eight Services and Delists 22 Tokens Beginning October 27, Binance started restricting eight services for users in Brazil. The affected products include crypto loans, margin trading, mining pools and cloud mining. These changes limit access to services that previously formed part of the exchange’s broader cryptocurrency offering. According to the report, existing positions in affected products are generally restricted to reductions or closures. Users are not permitted to open new positions in those products. Binance is also delisting 22 tokens for Brazilian customers. Among the affected assets are USDE, USTC, DCR and XVG. The restrictions reflect Binance’s efforts to align its local operations with applicable regulatory requirements. However, the report does not provide the complete list of eight restricted services or all 22 delisted tokens. Brazilian users with affected holdings should consult Binance’s official notices for product-specific deadlines and withdrawal instructions. The Binance Brazil crypto license process may require further operational adjustments as the company works toward compliance. Binance Files for Brazilian Crypto License Ahead of October 30 Deadline; Restricts 8 Services and Delists 22 Tokens in Brazil Binance filed an application with Brazil’s central bank on October 23 through its local entity BBrasil to operate as a virtual asset service provider… pic.twitter.com/jPk8dGxmmG — Wu Blockchain (@WuBlockchain) October 27, 2026 What Binance Brazil Crypto License Means for Users Alongside the service restrictions, Binance plans to complete the migration of Brazilian customers to its local payment-account structure by October 29. That deadline falls one day before the October 30 regulatory cutoff. The transition is intended to support Binance’s local operating arrangements as it pursues authorization from Brazil’s central bank. For customers, the changes could affect how they access certain cryptocurrency products and manage existing positions. Users with open positions in restricted services may need to review their options before attempting additional transactions. Importantly, the announced restrictions do not mean Binance is completely exiting Brazil. Instead, the exchange is seeking permission to continue operating under the country’s regulatory framework. The application remains subject to the relevant approval process. For now, Binance’s Brazilian operations are undergoing substantial changes, including eight service restrictions, 22 token delistings and a payment-account migration. The coming days will be important as the exchange approaches the October 30 compliance deadline.
Bitcoin Long-Term Holder Supply Signals Possible Rally
Analysts are watching Bitcoin held for more than 18 months for clues about the next market rally. Historically, a rise followed by a decline in this supply metric has sometimes preceded strong BTC price gains. The pattern offers a potential bullish signal, but stronger demand is still needed to confirm a sustained recovery. Bitcoin may be approaching an important stage in its market cycle as analysts examine changes in the amount of BTC held for extended periods. A recent market observation highlights the potential significance of coins that have remained unmoved for more than 18 months. The analysis states: “When the proportion of Bitcoin held for more than 18 months across the entire network rises and then starts to decline, a strong rally usually follows.” The observation suggests that Bitcoin long-term holder supply could provide an early indication of changing market conditions. When a growing share of Bitcoin remains inactive for extended periods, it may indicate that holders are reluctant to move their coins. This can reduce the amount of BTC actively circulating between market participants. However, the metric does not directly measure investor intentions. Coins can remain inactive for several reasons, including long-term investment strategies, custody arrangements or lost wallet access. Why Bitcoin Long-Term Holder Supply Matters The relationship between Bitcoin long-term holder supply and price movements has attracted attention because it reflects changes in how older coins are distributed. During some market cycles, the share of Bitcoin held for long periods increases as coins remain inactive. When that proportion eventually begins declining, it can indicate that older coins are moving again. Such changes may occur as long-term holders transfer or sell Bitcoin during periods of improving market activity. Historically, analysts have observed instances where this transition coincided with or preceded strong rallies. However, a decline in older-coin supply does not automatically indicate fresh buying demand. It may also reflect profit-taking, wallet transfers or coins moving into a different age category. The indicator should therefore be considered alongside other market data. Spot trading volumes, exchange inflows and institutional investment activity can help provide a clearer picture of whether market demand is strengthening. The Crypto Market Is Quietly Preparing for Its Next Rally “When the proportion of Bitcoin held for more than 18 months across the entire network rises and then starts to decline, a strong rally usually follows.” – By @DanCoinInvestor pic.twitter.com/pYv10jK8pp — CryptoQuant.com (@cryptoquant_com) October 27, 2026 Could Bitcoin Be Preparing for Its Next Rally? The potential shift in Bitcoin long-term holder supply offers an interesting perspective for investors watching the next major BTC price movement. If the proportion of coins held for more than 18 months begins declining after a sustained increase, analysts may interpret the change as a possible market-cycle transition. However, the available observation does not confirm that this turning point has already occurred. It also does not provide a specific Bitcoin price target or timeline for a future rally. A sustained price recovery would still require sufficient buying interest to absorb any additional supply entering the market. This is particularly important if older Bitcoin holders begin realizing profits. While stronger demand could support rising prices, weak spot buying might limit the market’s ability to maintain upward momentum. Investors may therefore monitor long-term holder behavior alongside liquidity conditions and broader financial market sentiment. The historical relationship is useful for understanding previous cycles, but it is not a reliable guarantee of future returns. For now, Bitcoin’s long-term holder supply remains a closely watched indicator that could help identify the early stages of another market rally. Whether the next major move develops into a sustained bullish trend will depend on how investor demand responds.
Chainlink CCIP Brings Hong Kong’s XGH Token Cross-Chain
Hong Kong Gold Exchange is integrating Chainlink CCIP to enable cross-chain transfers of its gold-backed XGZ token. The exchange is described as the world’s fourth-largest gold trading venue by volume. The integration could expand access to tokenized gold across multiple blockchain networks. Hong Kong Gold Exchange is taking another step toward blockchain-based precious metals trading by integrating Chainlink’s Cross-Chain Interoperability Protocol (CCIP). The integration is designed to allow its gold-backed XGZ token to move between different blockchain networks. Hong Kong Gold Exchange, described as the world’s fourth-largest gold trading venue by volume, represents a significant traditional market participant exploring blockchain infrastructure. The development highlights growing interest in connecting physical assets with digital financial systems. Through Chainlink CCIP gold tokenization, the exchange aims to improve the movement of tokenized gold across blockchain ecosystems. Tokenized gold represents exposure to physical gold through digital tokens recorded on a blockchain. Depending on the product’s structure, these tokens may be backed by gold reserves and subject to specific redemption or custody arrangements. However, the announcement does not specify which blockchains will initially support XGZ transfers or when the integration will become fully operational. How Chainlink CCIP Will Support XGZ Transfers Chainlink CCIP is designed to enable communication and token transfers between different blockchain networks. Blockchains generally operate as separate systems, making it difficult to move digital assets between them without additional infrastructure. Cross-chain technology addresses this challenge by allowing supported applications and assets to interact across networks. For Hong Kong Gold Exchange, integrating CCIP could make its XGZ token more accessible within different blockchain ecosystems. Instead of limiting tokenized gold activity to a single network, the integration is intended to support movement between compatible chains. This may create opportunities for broader participation in blockchain-based financial applications. However, cross-chain transfers do not automatically make a token available on every blockchain. Actual availability will depend on supported networks, technical implementation and applicable restrictions. The Chainlink CCIP gold tokenization initiative also does not establish that XGZ holders can redeem tokens for physical gold without conditions. Such rights depend on the token’s governing terms. TODAY: Hong Kong Gold Exchange, the world’s fourth-largest gold trading venue by volume, is integrating Chainlink CCIP to let its gold-backed XGZ token move across blockchains. pic.twitter.com/Gk05zFzgNL — Cointelegraph (@Cointelegraph) October 27, 2026 What Chainlink CCIP Gold Tokenization Means for RWAs The development adds to the growing market for tokenized real-world assets, commonly called RWAs. Financial institutions and trading platforms are exploring blockchain technology for assets including gold, bonds and investment funds. Gold tokenization is particularly notable because it connects a traditional store of value with digital asset infrastructure. Cross-chain functionality could make tokenized gold easier to integrate into different financial applications. However, the success of these products depends on more than blockchain connectivity. Investors must also consider reserve verification, custody arrangements, liquidity and regulatory requirements. The integration does not guarantee increased demand for XGZ or a rise in the market price of LINK, Chainlink’s native token. It also does not mean that physical gold itself moves between blockchains. Rather, the digital token representing gold-related rights is intended to become transferable across supported networks. For now, Hong Kong Gold Exchange’s Chainlink CCIP integration represents another step toward connecting traditional gold markets with blockchain-based financial infrastructure. The development could help broaden the use of tokenized precious metals as cross-chain technology becomes more widely adopted.
Bitcoin ETF Inflows Hit $110M as ETH, SOL, XRP Lose
Bitcoin spot ETFs recorded $110.34 million in net inflows on October 26. Ethereum, Solana and XRP spot ETFs saw outflows of $88.58 million, $8.23 million and $3.61 million, respectively. Combined net flows across all four ETF categories remained positive at $9.92 million. Bitcoin emerged as the strongest performer among major cryptocurrency spot exchange-traded funds on October 26, 2026. According to the reported daily figures, US spot Bitcoin ETFs attracted $110.34 million in net inflows, while Ethereum, Solana and XRP funds all experienced withdrawals. The latest Bitcoin ETF inflows highlight a noticeable difference in investor activity across digital asset investment products. Despite negative flows in three of the four categories, Bitcoin’s gains were large enough to keep the combined daily total positive. Across BTC, ETH, SOL and XRP spot ETFs, net inflows reached approximately $9.92 million. The figures suggest that demand for Bitcoin-linked investment products remained stronger than demand for the other three cryptocurrency ETF categories during the session. However, a single trading day does not establish a lasting trend in investor preferences. Ethereum, Solana and XRP ETFs Record Outflows While Bitcoin attracted fresh capital, Ethereum spot ETFs experienced the largest withdrawals. Ethereum funds recorded $88.58 million in net outflows, accounting for most of the day’s negative activity. Solana ETFs followed with $8.23 million in withdrawals, while XRP ETFs registered $3.61 million in net outflows. Spot Crypto ETF Flows — October 26, 2026 CryptocurrencyDaily net flowBitcoin (BTC)+$110.34MEthereum (ETH)-$88.58MSolana (SOL)-$8.23MXRP-$3.61MCombined total+$9.92M Together, Ethereum, Solana and XRP funds recorded $100.42 million in net outflows. Bitcoin’s $110.34 million inflow exceeded those combined withdrawals by $9.92 million. The data shows that Bitcoin ETF inflows provided the main source of positive momentum among the four categories. However, the figures do not identify which individual ETF issuers attracted the most capital or experienced the largest redemptions. ETF FLOWS: BTC spot ETFs saw net inflows on Oct. 26, while ETH, SOL and XRP spot ETFs saw net outflows. BTC: $110.34M ETH: -$88.58M SOL: -$8.23M XRP: -$3.61M pic.twitter.com/EYKkJC6w08 — Cointelegraph (@Cointelegraph) October 27, 2026 What Bitcoin ETF Inflows Mean for Crypto Markets The October 26 results provide a snapshot of how investors allocated capital through cryptocurrency exchange-traded funds. Spot ETFs offer exposure to digital assets through traditional securities accounts, without requiring investors to manage cryptocurrency wallets directly. Positive net flows generally indicate that new fund creations exceeded redemptions during the reporting period. Negative net flows indicate the opposite. However, ETF flows should not be confused with overall cryptocurrency trading activity or direct price movements. Bitcoin, Ethereum, Solana and XRP also trade through other markets, where buying and selling activity can influence prices independently. Strong Bitcoin ETF inflows may reflect positive demand for BTC investment products, but they do not guarantee that Bitcoin’s price will rise. Similarly, withdrawals from Ethereum, Solana and XRP ETFs do not necessarily predict further price declines. Investors may monitor whether Bitcoin continues attracting inflows and whether the other three categories begin recovering. For now, Bitcoin led the October 26 ETF session with $110.34 million in inflows, while combined withdrawals from ETH, SOL and XRP reached $100.42 million. The result left the four categories with a modest positive net balance despite mixed investor demand.
Bitcoin Institutional Ownership Could Reshape BTC’s Future
Bitcoin remains largely held by individuals compared with other major asset classes, according to River. Institutional ownership could increase as Bitcoin matures, following a pattern similar to gold. Greater institutional participation may improve liquidity and adoption but also raise concerns about ownership concentration. Bitcoin remains unusual among major asset classes because individual investors reportedly hold most of its supply. According to Bitcoin financial services company River, this ownership structure could gradually change as the cryptocurrency becomes more established. River expects institutions to increase their share of Bitcoin holdings over time, potentially following a path similar to gold. The outlook suggests that Bitcoin institutional ownership could become an increasingly important factor in the cryptocurrency’s future. Today, Bitcoin attracts a wide range of participants, including individual holders, investment funds, corporations and other financial institutions. However, River’s analysis indicates that individuals still play a particularly significant role in Bitcoin ownership compared with traditional asset classes. As Bitcoin becomes more integrated into financial markets, institutional participation may continue expanding. The forecast does not establish when institutions might become the dominant holders or how quickly the transition could occur. Why Bitcoin Institutional Ownership Could Be Beneficial Greater Bitcoin institutional ownership could bring several advantages to the cryptocurrency market. Large financial institutions may introduce Bitcoin to investors who prefer regulated investment products rather than direct cryptocurrency custody. This could expand access through investment funds, brokerage platforms and other traditional financial services. Institutional participation may also deepen market liquidity, making it easier for large transactions to occur without causing extreme price movements. Long-term allocations by institutions could provide a more consistent source of demand. However, institutional investors do not always hold assets permanently. Funds may reduce their Bitcoin exposure during periods of market stress, while leveraged strategies can increase volatility. Therefore, institutional adoption does not automatically guarantee price stability or sustained growth. INSIGHT: Bitcoin remains the only major asset class held mostly by individuals, but ownership is expected to shift toward institutions as it matures, mirroring gold, per River. Do you think institutional dominance is good or bad for Bitcoin? pic.twitter.com/dP9I2enxFg — Cointelegraph (@Cointelegraph) October 27, 2026 Could Institutional Dominance Threaten Bitcoin? The potential shift toward Bitcoin institutional ownership also raises questions about concentration and decentralization. Bitcoin was designed to operate without relying on a central authority. If a growing share of its supply becomes concentrated among major financial institutions and custodians, more investors could depend on a smaller number of organizations to hold their assets. This may create additional custody, counterparty and market concentration risks. However, owning Bitcoin does not give an institution direct control over the network’s consensus rules. Bitcoin’s security and governance depend on a broader system involving miners, node operators, developers and users. Institutional ownership and network control are therefore different issues. There is also an important distinction between beneficial ownership and custody. A financial institution may hold Bitcoin on behalf of thousands of individual investors without owning those assets for itself. For Bitcoin’s long-term development, a balance between institutional participation and individual self-custody could be valuable. Institutions can help expand access and market infrastructure, while individuals retaining the ability to hold and transfer Bitcoin independently preserves an important feature of the network. Greater institutional ownership is not inherently good or bad for Bitcoin. Its impact will depend on whether adoption expands without creating excessive concentration or dependence on intermediaries.
XRP Whale Accumulation Hits Highest Level Since 2022
XRP wallets holding at least 10 million tokens now control approximately 68.5% of supply. According to Santiment, this is their largest share since November 2022. The accumulation comes as XRP trades near $1.29, raising questions about its next price move. Large XRP holders are increasing their share of the cryptocurrency’s supply, according to new on-chain data from Santiment. Wallets holding 10 million XRP or more now collectively control approximately 68.5% of the token’s supply, their highest share since November 2022. The milestone comes as XRP trades near $1.29, highlighting a growing concentration of tokens among large holders. The latest XRP whale accumulation figures suggest that major wallets have continued increasing their holdings despite uncertainty surrounding cryptocurrency prices. Whales are closely watched because their large balances can influence market liquidity and investor sentiment. When their collective holdings rise, analysts often interpret the development as a sign of increased confidence among large market participants. However, wallet balances do not necessarily reveal whether the owners are purchasing tokens for long-term investment or holding them for other purposes. Why XRP Whale Accumulation Matters The growing concentration of XRP among large wallets could have implications for the cryptocurrency’s market structure. According to Santiment, the 68.5% share represents the highest level held by this wallet category in nearly four years. This indicates that a substantial portion of the token supply is concentrated in addresses holding at least 10 million XRP. Such concentration can be significant because large holders may have the ability to influence market conditions when they transfer or sell substantial quantities. At the same time, accumulation can reduce the amount of supply actively available for trading if the tokens remain in wallets rather than moving to exchanges. The latest XRP whale accumulation data therefore provides a useful perspective on how supply is distributed. However, it is important to distinguish between wallet addresses and individual investors. One organization may control several wallets, while some large addresses may belong to exchanges or custodians holding assets on behalf of multiple customers. Consequently, the figures do not establish that a small number of individual investors personally own 68.5% of XRP. BULLISH: XRP whales holding 10M+ tokens now control about 68.5% of supply, their largest share since November 2022, as they keep accumulating with price near $1.29, per Santiment. pic.twitter.com/4bIn0TMTA6 — Cointelegraph (@Cointelegraph) October 27, 2026 Could XRP Whale Accumulation Support a Price Recovery? The increase in whale holdings comes as XRP trades around $1.29, drawing attention to whether large-holder activity could influence its next move. Continued accumulation may be viewed positively by investors who believe major holders are positioning for future gains. If large wallets retain their tokens, reduced selling activity could help support market stability. However, whale accumulation does not guarantee an increase in XRP’s price. Price movements also depend on spot demand, broader cryptocurrency sentiment, market liquidity and developments affecting the XRP ecosystem. Additionally, large wallets can change their positions quickly, potentially creating selling pressure if substantial amounts move to exchanges. Traders may monitor whale balances alongside exchange inflows and trading volumes to assess whether the accumulation trend continues. The available Santiment figures do not specify how many additional XRP tokens these wallets acquired during the latest period. For now, XRP whale accumulation has pushed the largest wallet category’s share to 68.5%, its highest level since November 2022. The development highlights the growing influence of large holders, although stronger market demand would still be needed to support a sustained price recovery.
Blast’s standard withdrawal interface closes as the Layer 2 network winds down. After October 26, users must interact directly with Ethereum bridge contracts to withdraw assets. Users should verify official contract addresses and withdrawal instructions to avoid scams or transaction errors. Ethereum Layer 2 network Blast is closing its standard withdrawal interface as the network moves through its shutdown process. The change means users will no longer be able to rely on the familiar withdrawal interface after October 26, 2026. Instead, anyone seeking to withdraw remaining assets will need to interact directly with Ethereum bridge contracts. The Blast L2 shutdown represents a significant change for users who still have funds associated with the network. Layer 2 networks are designed to process transactions outside Ethereum’s main network while using Ethereum infrastructure for settlement and other functions. Blast previously offered users a standard interface for moving assets through its bridge. With that interface closing, the withdrawal process becomes more technical. Importantly, the closure of the website-based withdrawal interface does not necessarily mean that every remaining asset becomes inaccessible. However, users may need additional technical knowledge to complete withdrawals successfully. Blast L2 Shutdown Requires Direct Bridge Contract Access Following the interface closure, withdrawals will require direct interaction with Ethereum smart contracts. Smart contracts are blockchain-based programs that execute predefined instructions when users submit valid transactions. In this case, the relevant Ethereum bridge contracts are intended to support the withdrawal process without the usual front-end interface. However, interacting directly with contracts is more complicated than using a standard withdrawal page. Users may need to connect a compatible wallet, identify the correct contract functions and provide the required transaction information. Ethereum network fees may also apply. The Blast L2 shutdown therefore creates additional practical challenges for users unfamiliar with direct smart contract interactions. Incorrect transaction parameters or interaction with an unofficial contract could result in failed transactions or financial losses. The available announcement does not provide the verified bridge contract addresses or a detailed step-by-step withdrawal procedure. Users should avoid relying on addresses circulated through unverified social media accounts or unsolicited messages. TODAY: Blast’s normal withdrawal interface closes as the L2 shuts down. After today, withdrawals require direct interaction with Ethereum bridge contracts. pic.twitter.com/05ikAzxLTp — Cointelegraph (@Cointelegraph) October 26, 2026 What Blast Users Should Know Before Withdrawing The closure of Blast’s normal withdrawal interface highlights the importance of understanding how assets can be recovered when blockchain services wind down. Users with remaining funds should consult verified official communications for the correct withdrawal process. They should also confirm that any contract address belongs to the legitimate Ethereum bridge infrastructure before signing transactions. Because direct contract interactions can involve complex parameters, users should avoid approving unfamiliar requests or granting unnecessary token permissions. The announcement does not establish that the underlying bridge contracts are closing at the same time as the interface. It also does not specify a final deadline for contract-based withdrawals. These distinctions matter because losing access to a convenient withdrawal interface is different from losing access to the underlying assets. For now, the Blast L2 shutdown means the normal withdrawal interface is closing, while future withdrawals will require direct interaction with Ethereum bridge contracts. Users who still hold assets on Blast should carefully review official instructions and understand the process before attempting to move their funds.
Aviva Investors has launched a tokenized share class of its £22 billion Sterling Liquidity Fund on XRP Ledger. Aviva has invested £50 million in the newly launched tokenized share class. The launch highlights growing institutional interest in blockchain-based investment fund infrastructure. Aviva Investors has launched a tokenized share class of its £22 billion Sterling Liquidity Fund on the XRP Ledger (XRPL), marking a notable development in the adoption of blockchain technology by traditional asset managers. The company has also committed £50 million to the new share class, demonstrating financial participation in the initiative. The Aviva XRP Ledger tokenization initiative brings a portion of an established investment fund into a blockchain-based structure. Tokenization involves representing ownership or other rights associated with financial assets through digital tokens recorded on a blockchain. In this case, the tokens represent interests in a share class of Aviva’s Sterling Liquidity Fund. The underlying fund has approximately £22 billion in assets, while the newly tokenized share class has received a £50 million investment from Aviva. These figures refer to different things and should not be confused. The announcement does not mean that the entire £22 billion fund has been transferred onto the XRP Ledger. Why Aviva Chose XRP Ledger for Tokenization The Aviva XRP Ledger tokenization launch reflects growing interest in using blockchain infrastructure to support traditional financial products. The XRP Ledger is a public blockchain designed to support digital asset transactions and token issuance. For asset managers, tokenization may offer opportunities to modernize how fund ownership is recorded and how transactions are processed. Blockchain-based records can potentially support more efficient ownership tracking and integration with digital financial systems. However, the practical benefits depend on how a tokenized fund is structured and operated. Traditional investment funds remain subject to relevant legal, operational and regulatory requirements, even when their shares are represented on a blockchain. The announcement does not specify whether the new share class will be available to retail investors or restricted to eligible institutional participants. It also does not establish that tokenized fund shares will trade freely on public cryptocurrency exchanges. Importantly, issuing fund tokens on XRPL does not mean that the £50 million investment was made in XRP tokens. NEW: Aviva Investors launches a tokenized share class of its £22B Sterling Liquidity Fund on XRP Ledger. Aviva invests £50M in the new share class. pic.twitter.com/wz8wEg4byy — Cointelegraph (@Cointelegraph) October 26, 2026 What Aviva XRP Ledger Tokenization Means for Finance The launch adds to the broader movement toward tokenized real-world assets, commonly known as RWAs. Financial institutions are exploring tokenization for products such as money market funds, bonds and other investment instruments. The goal is often to combine established financial products with blockchain-based recordkeeping and transaction capabilities. Aviva’s £50 million investment gives the new share class an initial financial commitment while connecting it to a much larger existing liquidity fund. For the XRP Ledger ecosystem, the development represents another example of traditional financial assets being represented on-chain. However, the announcement alone does not establish how much trading activity the tokenized share class will generate or whether it will affect XRP’s market price. Future adoption will depend on investor demand, operational performance and the terms governing the fund. For now, Aviva’s launch demonstrates how a major asset manager is introducing blockchain-based fund shares through XRP Ledger, beginning with a £50 million investment.
Bitcoin Trader Realized Price Rises, Signaling Key Support
Bitcoin’s trader realized price has started rising again, suggesting an improvement in the cost basis of active market participants. Historically, this indicator has often provided support during corrections in bullish market phases. A return toward the trader realized price could become an important test for Bitcoin’s next move. Bitcoin is showing an encouraging on-chain development as the trader realized price begins moving higher again, attracting attention from investors monitoring potential support levels. The indicator tracks an estimated average acquisition cost for a defined group of active Bitcoin holders, based on on-chain transaction data. Unlike Bitcoin’s market price, which reflects its current trading value, realized price provides insight into the cost basis of coins within the measured group. A rising Bitcoin trader realized price suggests that the estimated cost basis of these holdings is increasing. This can be an important development when analysts are evaluating the strength of Bitcoin’s market structure. A market observation accompanying the latest data stated: “Historically, during bullish phases, this realized price has often acted as support when BTC corrected toward it.” The comment highlights how the indicator has behaved during previous periods of positive market momentum. However, historical support patterns do not guarantee that Bitcoin will respond the same way during future corrections. Why Bitcoin Trader Realized Price Matters During Corrections The Bitcoin trader realized price can serve as a reference point for understanding investor behavior during periods of market volatility. When Bitcoin trades above the realized price of a particular holder group, that group’s holdings are generally in unrealized profit on an aggregate basis. If BTC falls toward the indicator, the market price approaches the group’s estimated average acquisition cost. During bullish periods, this area has sometimes attracted renewed buying interest. Investors may view prices near their cost basis as an opportunity to maintain or increase exposure, particularly when broader market sentiment remains positive. That behavior can contribute to price stabilization. However, the indicator is not a guaranteed support level. If selling pressure becomes strong enough, Bitcoin can fall below its trader realized price. A break beneath the level may indicate weakening market conditions, especially if accompanied by declining spot demand. The exact interpretation also depends on how the trader cohort is defined by the data provider. Trader Realized Price Is Rising Again — Key Support if BTC Corrects “Historically, during bullish phases, this realized price has often acted as support when BTC corrected toward it.” – By @TraderGemin pic.twitter.com/GJuQK5H05p — CryptoQuant.com (@cryptoquant_com) October 26, 2026 Could Rising Realized Price Support Bitcoin’s Recovery? The renewed increase in Bitcoin trader realized price could become significant if BTC experiences another correction. A higher realized price means the potential support reference is also moving upward, assuming the indicator continues its current trend. This may suggest that the market’s underlying cost structure is strengthening. Still, the indicator alone cannot confirm that Bitcoin has entered a sustained bullish phase. Traders may also monitor spot market demand, exchange inflows, trading volumes and broader financial market conditions. Strong buying activity near the realized price would provide more meaningful evidence of support than the indicator’s upward movement alone. The available analysis does not specify the current trader realized price in dollars or an exact level where Bitcoin might find support. Therefore, it would be premature to identify a precise BTC price target based on this observation. For now, Bitcoin’s rising trader realized price offers a potentially important support reference if the market experiences another pullback. Whether that level holds will depend on investor demand and the intensity of any future selling pressure.
Bitcoin spot ETFs led weekly inflows with $442.67 million, while XRP ETFs added $4.25 million. Ethereum spot ETFs recorded $224.96 million in outflows, followed by Solana at $17.3 million. Combined net inflows across the four ETF categories reached $204.66 million. US spot cryptocurrency exchange-traded funds recorded mixed investor activity last week, with Bitcoin attracting significant inflows while Ethereum and Solana experienced withdrawals. According to the reported figures, Bitcoin spot ETFs attracted $442.67 million in net inflows, making BTC the strongest performer among the four tracked categories. XRP spot ETFs also finished the week in positive territory, recording $4.25 million in net inflows. Meanwhile, Ethereum ETFs lost $224.96 million, and Solana ETFs experienced $17.3 million in withdrawals. The latest weekly crypto ETF flows reveal a clear difference in investor demand across major digital asset investment products. Despite withdrawals from Ethereum and Solana funds, Bitcoin’s strong inflows pushed the combined weekly total into positive territory. Across all four categories, net inflows reached approximately $204.66 million. Bitcoin and XRP ETFs Gain as ETH and SOL Lose Bitcoin dominated the week’s ETF activity, attracting substantially more capital than the other categories. Its $442.67 million inflow was enough to offset the combined withdrawals from Ethereum and Solana. XRP recorded a smaller but positive result, adding $4.25 million during the reporting period. Ethereum experienced the largest outflows, with investors withdrawing a net $224.96 million. Solana followed with $17.3 million in net redemptions. Weekly Spot Crypto ETF Flow Breakdown CryptocurrencyWeekly net flowBitcoin (BTC)+$442.67MEthereum (ETH)-$224.96MSolana (SOL)-$17.30MXRP+$4.25MCombined total+$204.66M Together, Ethereum and Solana recorded $242.26 million in net outflows. Bitcoin and XRP, meanwhile, attracted a combined $446.92 million. These figures suggest that investors favored Bitcoin-linked funds during the week, while demand for Ethereum and Solana products was weaker. However, the data does not identify which individual ETF issuers experienced the largest inflows or redemptions. ETF FLOWS: BTC and XRP spot ETFs saw net inflows last week, while ETH and SOL spot ETFs saw net outflows. BTC: $442.67M ETH: -$224.96M SOL: -$17.3M XRP: $4.25M pic.twitter.com/oxHt3E0rqw — Cointelegraph (@Cointelegraph) October 26, 2026 What Weekly Crypto ETF Flows Mean for Investors The latest weekly crypto ETF flows offer insight into institutional and traditional market investor activity. Spot cryptocurrency ETFs provide exposure to digital assets through regulated investment products without requiring investors to directly manage cryptocurrency wallets. Positive net flows indicate that fund creations exceeded redemptions over the reporting period. Negative flows suggest that redemptions were greater than new creations. However, ETF flows do not represent the entire cryptocurrency market. Digital assets also trade through centralized exchanges, decentralized platforms and derivatives markets. As a result, positive ETF inflows do not guarantee rising prices, just as negative flows do not automatically mean an asset will decline. Investors may monitor whether Bitcoin maintains its strong inflow momentum and whether Ethereum and Solana withdrawals begin to slow. XRP’s positive result may also attract attention if demand continues in future reporting periods. For now, Bitcoin remains the clear leader in weekly ETF inflows, while Ethereum faces the strongest withdrawal pressure among the four assets. The combined $204.66 million net inflow shows that overall fund demand remained positive despite uneven performance across cryptocurrency categories.
Bitcoin and Gold Performance Hits Historic 2026 Low
Bitcoin has declined 7.3% in 2026, while gold has fallen 7.5%, according to Charlie Bilello. Both assets reportedly rank as the two worst performers among the major assets tracked. The unusual combination could mark a historical first if the trend continues through year-end. Bitcoin and gold have emerged as the two worst-performing major assets of 2026 so far, according to market analyst Charlie Bilello. The latest figures show Bitcoin down 7.3% year-to-date, while gold has recorded a slightly larger decline of 7.5%. The reported Bitcoin and gold performance stands out because the two assets are often associated with different investment strategies. Bitcoin is widely viewed as a volatile digital asset with significant growth potential, while gold has traditionally been considered a defensive investment during periods of economic uncertainty. Despite those differences, both have struggled this year. Bilello described the simultaneous underperformance as unprecedented in the historical comparison. However, the ranking applies to the group of major assets included in his analysis, rather than every investment available globally. With more than two months remaining in 2026, the final annual performance rankings have yet to be determined. Why Bitcoin and Gold Are Both Under Pressure The weakness in Bitcoin and gold performance highlights how different asset classes can experience losses during the same period. Bitcoin prices are influenced by factors including investor risk appetite, liquidity conditions, institutional demand and cryptocurrency market activity. Gold responds to a different combination of forces, including interest rate expectations, currency movements and demand for defensive assets. Although their underlying drivers differ, both can face pressure when investors adjust portfolios or market conditions change. The reported returns show that neither asset has delivered positive year-to-date performance within the period measured. However, the figures alone do not establish a single cause for their declines. They also do not mean Bitcoin and gold have moved together throughout the year. Their prices may have followed different paths before reaching their reported negative returns. Reported 2026 Year-to-Date Returns AssetPerformanceBitcoin (BTC)-7.3%Gold-7.5% Gold has underperformed Bitcoin by approximately 0.2 percentage points based on these figures. LATEST: Bitcoin and gold are the two worst-performing major assets of 2026 so far, down 7.3% and 7.5% respectively, a first for any calendar year, per Charlie Bilello. Which one bounces back first? pic.twitter.com/TR6Qbm6eL4 — Cointelegraph (@Cointelegraph) October 26, 2026 Could Bitcoin and Gold Recover Before Year-End? The unusual Bitcoin and gold performance raises questions about whether either asset can recover during the final months of 2026. For Bitcoin, a sustained improvement in spot demand and investor confidence could support a rebound. Gold’s outlook may depend more heavily on macroeconomic developments, including monetary policy expectations and demand for traditional defensive assets. Both markets can change direction quickly, making year-to-date rankings an incomplete picture of annual performance. Investors should also distinguish between price returns and total returns, as different methodologies can affect comparisons. The supplied figures do not specify the exact pricing sources or calculation method used in the ranking. For now, Bitcoin and gold are reportedly the two weakest major assets of 2026, with losses of 7.3% and 7.5%, respectively. If they remain at the bottom through December, the result would reinforce the historical significance of the pattern identified by Bilello.