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Latest Crypto News | Bitcoin, Ethereum and Altcoin Updates

MARA Q3 Revenue Up 92% to $252M, Net Income $123M Profit

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MARA Q3 revenue rose 92% year-on-year to $252M as Bitcoin production climbed and the Bitcoin price recovered. Marathon Digital swung to a net profit of $123M from a $124M loss last year. Efficiency gains in energy management and strategic capital deployment boosted margins. The company expanded its hash rate through strategic infrastructure investments and plans to increase mining capacity, invest in advanced hardware and explore sustainable energy solutions. Traders should note that Bitcoin price volatility, rising network difficulty and energy costs remain headwinds. This strong MARA Q3 revenue performance may spur hardware investments ahead of the next Bitcoin halving.
Bullish
MARA Q3 revenueBitcoin miningHash rate expansionEnergy efficiencyHardware investment

BlackRock Moves $115M Ethereum to Coinbase Amid Sell-Off

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On November 5, BlackRock transferred 34,777 ETH (≈$115 million) to Coinbase Prime in four batches, marking a significant institutional sell-off amid a broader market correction. Ethereum’s year-to-date gains have shrunk to 1.39%, risking a full reversal of 2025 returns as whale sell pressure intensified and exchange inflows rose by 20%. Data from Whale Insider and a 12% drop in ETH futures open interest reported by CME Group point to waning bullish sentiment. Ethereum’s market cap dipped below $400 billion, down 15% from October highs. Analysts warn this move could deepen the correction and push support toward $2,500. Traders should monitor on-chain metrics, whale movements, and institutional flows to navigate short-term volatility and identify strategic entry points.
Bearish
EthereumBlackRockCoinbase PrimeInstitutional Sell-OffMarket Correction

Galaxy Cuts Bitcoin Targets to $120K (YE 2024) & $100K (2025)

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Galaxy Digital has revised its Bitcoin price target, lowering its year-end 2024 forecast from $185,000 to $120,000 and its 2025 outlook from $200,000 to $100,000. In a research note, the firm cited the onset of a Bitcoin maturity era marked by reduced volatility, slower institutional flows and a $19 billion liquidation event triggered by geopolitical tensions. While acknowledging competition from gold, AI equities and stablecoins, Galaxy sees stronger institutional absorption as driving a steadier growth trajectory. Traders should note that passive investments now dominate, resulting in more predictable returns and less explosive price swings. The revised Bitcoin price target reflects caution over macro events and liquidity trends, suggesting traders monitor these indicators when adjusting strategies. Despite these adjustments, Galaxy remains long-term bullish on Bitcoin as an institutional-grade store of value.
Neutral
BitcoinPrice TargetMaturity EraInstitutional FlowsVolatility

Noomez Presale: 28-Stage BSC Sale with Live Gauge & Burns

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Noomez Presale is underway on Binance Smart Chain, spread across 28 stages with 50% of the 280 billion NNZ supply allocated to the sale. In Stage 2, tokens are priced at $0.0000123 under a $164,719 cap, raising over $9,700 so far. Each stage lasts seven days or until sold out. Unsold tokens are burned on-chain after each stage to maintain a deflationary model. Prices automatically rise to $0.0028 by Stage 28, offering early buyers up to 226x upside. Progress is displayed in real time via the Noom Gauge, unlocking airdrops, vaults, NFTs and milestone events (notably vault burns at Stages 14 and 28). The project secures 15% locked liquidity, vests team tokens over 6–12 months, enforces full KYC and plans a third-party audit. Upcoming staking rewards are designed to support price stability. Traders should monitor the Noom Gauge to time entries, manage FOMO and capitalize on deflationary tokenomics.
Bullish
Noomez PresaleCrypto PresaleBSCDeflationary TokenToken Burns

SOL Price Slumps Despite $400M ETF Inflows; Market Share 9%

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Solana ETF inflows have topped $400m since late October, yet SOL price has plunged over 30% month-on-month and 16% this past week. The token broke a 211-day uptrend and fell below key supports at $170, $160, and now trades near the $155–160 demand zone. On-chain data shows Solana’s Layer-1 fee market share has slumped from above 50% to just 9% as competitors like Hyperliquid and BNB Chain gain traction. Technical indicators remain bearish, with RSI near 30 and a negative MACD. A sustained close below $155 could drive SOL toward $120–$100. Despite these headwinds, Solana ETF inflows continue to underpin demand. Upside hinges on reclaiming $185–190 to target $210–$225. Major holder Forward Industries faces a $382m unrealized loss on 6.82m SOL, underscoring persistent weakness. Traders should track Solana ETF inflows and price action around support levels for signs of reversal or further downside.
Bearish
Solana ETFSOL PriceLayer-1 Market ShareCrypto ETFsTechnical Analysis

RLUSD Stablecoin Tops $1B Supply, Outpaces FDUSD

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Ripple’s RLUSD stablecoin has surpassed a $1 billion supply milestone, overtaking FDUSD and ranking among the top ten stablecoins by market cap. Since its launch in late 2024, RLUSD has seen rapid uptake with 80% of tokens on Ethereum and 20% on the XRP Ledger. Institutional partnerships with BNY Mellon and Securitize support transparent reserves and seamless swaps. Major exchanges like Bybit, Kraken and Gemini list the token, boosting liquidity. RLUSD’s growth is driven by integration with Ripple’s payment network, efficient cross-border settlement, and strong compliance under NYDFS oversight. Despite competition from USDT and USDC and regulatory scrutiny, traders can expect improved liquidity and potentially lower volatility as RLUSD supply grows. Market participants should monitor peg stability and regulatory developments.
Bullish
RLUSDStablecoinSupply MilestoneLiquidityRipple

FCA Proposes Fund Tokenisation on Public Blockchains

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The UK Financial Conduct Authority (FCA) has launched a consultation on fund tokenisation to foster a digital-first asset management system. The proposals include guidance for operating tokenised fund registers and an alternative on-chain dealing model for issuing and redeeming fund units entirely on public blockchains. By leveraging public-chain deployment, programmable compliance and whitelisted wallets, asset managers could achieve real-time settlement, enhanced transparency, automated on-chain compliance and lower reconciliation costs. The FCA estimates that fund tokenisation could broaden access to private markets and retail investors, drive innovation and reduce counterparty risk across the £14 trillion UK fund sector. Feedback is open until November 21 for accelerating tokenisation and December 12 for future models, with a policy statement and final rules expected in H1 2026.
Bullish
FCA regulationfund tokenisationasset managementpublic blockchainon-chain compliance

Harmonic Raises $6M to Launch HFT Block Builder on Solana

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Harmonic has raised a $6 million seed round led by Paradigm to launch Solana’s first open HFT block builder. The new aggregation layer routes block proposals from multiple independent builders to validators in real time. Validators regain full control over block selection with custom policies for MEV optimization, content rules, and compliance. This model replaces Solana’s rotated-leader system with continuous, exchange-grade coordination. Harmonic aims for sub-second finality and Nasdaq OUCH-style reliability. With over $72 billion staked across about 1,000 validators, Solana block building stands to gain higher throughput, lower latency, and greater transparency.
Bullish
SolanaHarmonicHFT block buildingMEV optimizationBlockchain infrastructure

Bitcoin Drops to $100K on $2B Liquidations, Rebounds to $101K

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Bitcoin dropped to just above $100,000 after more than $2 billion in crypto futures positions were liquidated within 24 hours, according to CoinGlass. Approximately 80% of the forced calls—around $1.6 billion—hit long traders, marking the largest liquidation event since September. The sell-off drove Bitcoin down 5.5% intraday and over 10% for the week before it rebounded to about $101,000. Ethereum (ETH), Solana (SOL), Binance Coin (BNB), XRP, Dogecoin (DOGE) and Cardano (ADA) each slipped between 6% and 10%. Bybit led platforms in liquidations with $628 million, followed by Hyperliquid’s $533 million and Binance’s $421 million; the single largest forced closure was an $11 million BTC-USDT long on HTX. Macroeconomic headwinds—Fed rate-cut uncertainty, tax worries and tighter credit—are adding pressure. Traders will watch if Bitcoin can hold above $100,000 as near-term volatility persists.
Bearish
BitcoinCrypto LiquidationsFuturesMarket VolatilityAltcoins

Ethereum Structural Risk Rises as Bitcoin Inflows Dominate

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10x Research warns that Ethereum faces growing structural risk as institutional capital shifts into Bitcoin, depleting ETH treasuries like BitMine, which exhausted buying power after accumulating 3.3 million ETH at $3,909. Ether has slid over 20%, echoing October’s crash, and recent sell-offs triggered nearly $1 billion in leveraged liquidations. Technical indicators—a topping weekly stochastic and a failed multiyear wedge breakout—suggest a breach of $3,000 could open the path to $2,700–$2,800 support. Traders are advised to monitor institutional flows, key support zones and broader market risk, with shorting ETH proposed as a hedge against Bitcoin volatility. These warnings highlight Ethereum structural risk and transparency challenges that may deepen market volatility.
Bearish
EthereumBitcoinInstitutional InvestorsMarket RiskCrypto Hedging

Berachain Recovers $12.8M From BEX/Balancer v2 Exploit

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Berachain Foundation has fully recovered the US$12.8 million stolen in the Nov. 3 BEX/Balancer v2 exploit. By patching the vulnerability used in the Balancer v2 exploit, the foundation halted its network, froze the attacker’s assets and distributed an emergency hard fork patch to validators. Working with a white-hat hacker, Berachain retrieved the funds to its deployer wallet and plans to reimburse over 1,000 affected users. The team also unpaused HONEY token minting and strengthened access controls to block exploited tokens. Infrastructure upgrades to RPCs, oracles and developer tools are underway. Users may see temporary APR fluctuations as the core infrastructure comes back online. This swift recovery and security upgrade aims to bolster DeFi security and restore confidence in the Berachain network.
Bullish
BerachainBalancer v2 exploitDeFi securityHard forkWhite-hat hacker

Virtune Launches EU’s First Stablecoin Infrastructure ETP

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Swedish asset manager Virtune AB has launched Europe’s first stablecoin infrastructure ETP, trading as STABLE on Nasdaq Stockholm and Helsinki, and as VRTN on Deutsche Börse Xetra. The ETP is physically backed by digital assets held in Coinbase Custody and rebalanced quarterly. It offers traders exposure to blockchain networks that underpin stablecoins—Ethereum, XRP, Solana, Chainlink, Stellar, and Aave—without direct token holdings. The product carries a 1.95% annual fee and supports trading in SEK and EUR through major brokers. The listing aligns with Europe’s MiCA regulation and Nasdaq’s strategy to expand regulated digital asset products. By focusing on stablecoin infrastructure rather than the tokens themselves, this ETP diversifies risk and removes the need to manage private wallets or private keys. The launch taps into the $314.5 billion stablecoin market and offers a regulated entry point for both institutional and retail investors. For crypto traders, the stablecoin infrastructure ETP represents a new tool to diversify portfolios with infrastructure assets in a compliant framework.
Bullish
Stablecoin InfrastructureExchange-Traded ProductsVirtuneMiCA RegulationDigital Asset Investing

Bustabit: 10 Years of Provably Fair Bitcoin Crash Gaming

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Bustabit has marked its tenth anniversary as the pioneering provably fair Bitcoin crash game. Launched in 2014, the platform has processed over 40,000 BTC in payouts and recorded more than 2.3 million BTC in wagers with no fraud allegations. Its high-performance crash multiplier engine delivers low-latency play, while instant Bitcoin and Lightning deposits and withdrawals come with minimal fees. A light-touch KYC policy streamlines onboarding for crypto traders and gamers. Advanced API-based auto-betting and backtesting tools allow strategy testing on historical data. A built-in Shiba bot offers real-time game statistics, and users can participate directly in the casino’s bankroll investment model to share profits and losses. With transparent provably fair mechanisms and a community-driven design, this Bitcoin crash game continues to offer traders a reliable, privacy-focused platform for high-stakes betting.
Neutral
Bitcoin crash gameprovably faircrypto gamblingAPI auto-bettingbankroll investment

Crypto Treasury Sell-Offs Amplify Market Downturn

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Crypto treasury companies, or digital asset treasuries (DATs), have intensified the recent crypto market downturn through mass sell-offs. Using leverage, debt and equity raises, over 200 DATs built large Bitcoin and Ethereum positions, only to exit en masse when prices wavered. Their aggressive selling drove Bitcoin down nearly 5% to around $101,500 and Ethereum off about 6%, pushing the global market cap to $3.62 trillion. Many crypto treasury companies prioritized rapid profits with high legal and advisory fees over product development, resulting in governance issues and investor mistrust. Data shows 207 firms hold more than 1 million BTC and 70 control over 6 million ETH. As weaker treasuries exit or pivot to other Web3 areas, analysts expect consolidation under stronger players. Traders should factor DAT behavior and forced sell-offs into risk management amid heightened market volatility.
Bearish
Crypto Treasury CompaniesMarket VolatilityLeveraged Sell-OffsBitcoinEthereum

Bitcoin Slides Below $100K Amid ETF Outflows and Rising Costs

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Bitcoin slipped below the $100,000 mark on November 5, hitting a five-month low amid significant ETF outflows and reduced market confidence. Data from CryptoQuant show long-term holders sold over 327,000 BTC in the past 30 days. U.S. spot Bitcoin ETFs recorded net outflows of $1.33 billion in four days at the end of October, with BlackRock’s IBIT alone seeing $291 million in redemptions in one session. Rising miner costs, now averaging around $114,000 per BTC, have squeezed margins. Some public miners have fallen below their acquisition costs and are diversifying into AI infrastructure and hashpower leasing. Technically, Bitcoin has broken beneath the 200-day moving average (~$109,800) and is approaching support at the 21-week moving average and $94,200. On-chain metrics point to a supply-demand imbalance as long-term holders continue to offload. Analysts warn that if key supports fail, Bitcoin could test $94,200 or $100,000 again before any rebound. Traders should monitor ETF flow data, miner cost trends, and technical support levels for signals of stabilization or further downside.
Bearish
BitcoinETF OutflowsMiner CostsMarket SentimentOn-chain Data

Bitcoin Dips Below $100K as Bitcoin Hyper Presale Tops $25.8M

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Bitcoin plunged below $100,000 yesterday, marking its lowest level in six months. The drop triggered over $1.74 billion in futures liquidations across major assets. Traders moved funds into stablecoins and new crypto presales amid the volatility. One high-profile offering is the Bitcoin Hyper presale, which has raised more than $25.8 million to date. Bitcoin Hyper presale tokens (HYPER) are available at $0.013225, with staking rewards of 45% p.a. The project plans to launch a Layer-2 network integrating the Solana Virtual Machine. This aims to deliver near-instant, low-cost Bitcoin transactions, on-chain staking, governance, and dApp support. With forecasts predicting HYPER could reach $0.20 by 2026, the Bitcoin Hyper presale offers traders a potential buy-the-dip opportunity. However, high market volatility remains a risk.
Bearish
Bitcoin price dropBitcoin Hyper presalefutures liquidationsmarket volatilityLayer-2 scaling

Mixed Tech and Crypto Stocks on Earnings, Valuations

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Stock futures opened mixed on Wednesday as stretched valuations in tech stocks, particularly in the AI sector, weighed on markets. AMD saw profit-taking after recent gains, while SMCI and ANET dropped sharply on weaker guidance and results. Digital Turbine (APPS) rose after beating earnings estimates and raising its forecast, and Rivian (RIVN) climbed on narrower losses, strong revenue growth and a reaffirmed outlook. Crypto stocks also saw selling pressure amid Bitcoin futures declines. Crypto stocks including Coinbase (COIN), MicroStrategy (MSTR), Hive Digital (HIVE), Riot Platforms (RIOT), Marathon Digital (MARA) and Bitfarms (BITF) fell amid valuation concerns, interest-rate uncertainty and a murky global growth outlook, prompting potential volatility. Investors remain cautious as stretched valuations and rate uncertainties drive mixed tech and crypto stock moves.
Bearish
Tech StocksCrypto StocksMarket VolatilityEarnings ReportsValuation Concerns

Orderly Network Launches 60% Fee-Backed ORDER Token Buyback

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Orderly Network has initiated a governance-approved buyback program that allocates up to 60% of net trading fees on its NEAR-based decentralized exchange to repurchase ORDER tokens from the open market. This deflationary, fee-backed mechanism ties repurchases directly to trading volume and fee generation, aiming to reduce circulating supply and increase token scarcity. Stakeholders can vote on governance proposals to direct treasury assets for additional yield strategies or token retention. Stakers receive vested portions of repurchased tokens, aligning incentives for long-term growth. Traders should monitor daily trading volumes, fee revenues and upcoming governance votes to gauge buyback intensity and potential price support. The program reinforces Orderly Network’s commitment to sustainable growth, transparent tokenomics and may create upward pressure on ORDER token prices.
Bullish
ORDER tokentoken buybackdeflationary tokenomicsDeFiNEAR protocol

Canaan Secures $72M for Energy-Efficient Bitcoin Mining

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Canaan Inc, a Nasdaq-listed Bitcoin mining machine manufacturer, has secured $72 million in a strategic equity investment. The round was led by BH Digital (Brevan Howard’s digital asset arm), Galaxy Digital and Weiss Asset Management, via issuance of approximately 63.7 million ADS at $1.131 per share. The funding, closing on November 6, bolsters Canaan’s liquidity and balance sheet. Proceeds will fund development of next-generation, low-power ASIC mining hardware and integrate renewable energy solutions into mining operations. This institutional backing underscores growing confidence in professional and sustainable Bitcoin mining infrastructure. Traders should watch Canaan’s R&D milestones and partnership agreements as potential market catalysts.
Bullish
Bitcoin miningInstitutional investmentASIC hardwareRenewable energyCrypto infrastructure

Ethereum price dips below $3,300 amid volatility

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Ethereum price fell below $3,400 on OKX before sliding to $3,299.99, marking a 5.92% intraday drop. This Ethereum price breakdown through key $3,400 and $3,300 support levels signals heightened market volatility. Trading volumes dipped as sentiment turned cautious. Short-term traders may eye a rebound near $3,200, while long-term holders monitor network fundamentals and external market drivers. The rapid loss of support underscores the importance of risk management in volatile conditions.
Bearish
Ethereum pricePrice dropMarket volatilitySupport levelsRisk management

AI Bubble Intensifies as Giants Fuel GPU and Data Center Frenzy

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The AI bubble has grown as tech giants, investors, and media hype position artificial intelligence at the forefront of a capital surge. Nvidia’s market cap exceeded $5 trillion and its data-center revenue soared from $4 billion in 2022 to $20 billion in 2025. OpenAI eyes a $1 trillion IPO after Microsoft’s $13 billion backing. Major firms plan over $400 billion in AI hardware orders, driving global data-center capex toward $500 billion next year. Startups like Extropic and Substrate are racing to develop energy-efficient chips and new lithography methods. While 54% of fund managers warn of a bubble, this spending spree may yield cheaper semiconductors and abundant infrastructure. Crypto traders should monitor GPU demand, data-center capex trends and startup funding, as escalating hardware costs can affect GPU-mined cryptocurrencies and liquidity in AI-related tokens.
Neutral
AI BubbleTech GiantsGPU DemandData Center CapexNvidia

MSX Launches S1 Points Season and M Credit Incentive

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MSX, the world’s first on-chain US stock decentralized trading platform, has rolled out its S1 season points system alongside the new M Credit incentive mechanism. The system calculates users’ daily points based on real trading volumes, position holding times, P&L performance, and team Boost levels across US equity spot, crypto margin futures, and US equity derivatives. Points settle daily at 10:00 UTC+8. The team Boost level updates on a T+2 cycle with automatic sync and retroactive inclusion of historical trades from early and long-term active users. Going forward, M Credit will anchor platform value, underpin MSX token distribution and governance, and drive community rewards. This decentralized trading incentive model aims to boost liquidity, curb wash trading, and set a benchmark for transparent, sustainable on-chain US stock DEX markets.
Bullish
MSXM CreditOn-Chain US StockDecentralized TradingIncentive Mechanism

Bitcoin at 50-Week SMA as China Suspends US Tariffs

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Bitcoin is trading around its 50-week simple moving average near $102,900—a level that triggered three prior rallies since 2023. The move coincides with China’s one-year suspension of its 24% retaliatory tariff on US goods (keeping a 10% levy) covering key agricultural exports, following high-level talks between Presidents Xi and Trump and US sanctions rollbacks. Easing China–US trade tensions has lifted market risk appetite, potentially supporting Bitcoin’s bullish momentum if it rebounds from the 50-week SMA. However, recent corporate selling—demonstrated by Sequans Communications offloading BTC to retire debt—introduces supply-side pressure. Traders will monitor whether improved macro sentiment outweighs renewed selling to drive Bitcoin higher.
Bullish
Bitcoin50-Week SMAChina-US Trade TensionsTariff SuspensionRisk Appetite

Bitcoin Risks Slide to $72K After $100K Support Break

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Bitcoin price fell below the critical $100,000 support level, triggering bearish sentiment and raising the risk of a further slide to $72,000 within one to two months, according to CryptoQuant research head Julio Moreno. A record $20 billion-plus liquidation on October 11 weakened market demand. Spot Bitcoin ETF inflows have slowed and the US Coinbase premium has turned negative. CryptoQuant’s Bull Score Index sits at 20, signaling extreme bearish sentiment. Technical indicators are also negative: Bitcoin price has dropped under its 50-week and 100-week moving averages, with weekly RSI showing bearish divergence. Macro headwinds—Fed rate pause expectations, trade tensions, credit tightening and high equity valuations—are fueling ETF outflows and reducing demand for new coins. Traders should watch key support levels, ETF flows, exchange reserves and on-chain metrics. Effective risk management via staggered entries, stop-loss orders and controlled leverage is advised.
Bearish
Bitcoin priceSupport level breakLiquidationSpot Bitcoin ETFBearish sentiment

Bitcoin price dips under $100K amid ETF outflows

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Bitcoin price fell to a four-month low below $100,000 after heavy selling pressure and rising spot Bitcoin ETF outflows. The abrupt drop triggered leveraged long liquidations clustered at the round $100K level. Traders flagged a potential $100K “trap” that could accelerate losses toward the $88,000–$95,000 support zone. Liquidation heat maps show significant long-liquidation risk around $100K. Technical analysts note that Bitcoin price has broken its weekly 50-day moving average support, raising the risk of a deeper test of the 200-day moving average near $55,000. Some link the ongoing sell-off to institutional portfolios hit by the October 10 market crash, which wiped out about $20 billion in Bitcoin positions and continues to prompt distressed liquidations. Traders should monitor ETF flows, liquidation heat maps, and moving average signals to gauge short-term stability and potential recovery levels.
Bearish
Bitcoin priceETF outflowsliquidationstechnical analysissupport levels

XRP Hidden Bullish Divergence Signals $5 Rebound amid Short Squeeze

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XRP’s three-day chart shows a hidden bullish divergence as price sets higher lows against a declining RSI, mirroring signals that preceded 69% and 49% rebounds in early 2022 and late 2023. Trading at $2.23 after a 12% drop, XRP finds critical support at $2.20 and between $1.90–$2.00, with low long-side liquidity below $2.16. A breakout above the symmetrical triangle pattern and resistance zone ($2.60–$3.50) could trigger a short squeeze on over $695 million of XRP short positions and fuel a rally toward $5 (115% upside). The convergence of RSI divergence, limited downside risk, and heavy short exposure suggests a bullish near-term outlook for crypto traders.
Bullish
XRPTechnical AnalysisHidden Bullish DivergenceSymmetrical TriangleShort Squeeze

Schiff: Washington and Wall Street Inflate Bitcoin Bubble

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Economist Peter Schiff told Cointelegraph that Bitcoin’s recent rally is an artificially inflated bubble driven by political support from Washington and financial backing from Wall Street rather than organic demand. He warns this external support is unsustainable and could vanish suddenly, triggering a collapse that might drive Bitcoin’s value to zero. Schiff challenged Bitcoin’s role as an inflation hedge or safe haven against a weakening dollar and argued that gold remains the true store of value amid financial uncertainty. Traders should watch for signs of a Bitcoin bubble burst, including weakening institutional demand and regulatory shifts.
Bearish
BitcoinPeter SchiffBitcoin bubbleWall StreetGold

XRP Ledger Nears 100M Ledgers, Institutional Interest Grows

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XRP Ledger is set to record its 100 millionth validated ledger within the next 24 hours, with the current count exceeding 99.98 million. The network consistently closes ledgers in under five seconds—averaging 3.9 seconds per ledger—and sustains a throughput of nearly 28 transactions per second, while stress tests have shown capacity for over 1,500 TPS. Earlier this year, XRP Ledger surpassed 3 billion total transactions without major downtime, outperforming Bitcoin and Ethereum in energy-efficient consensus and reliability. Growth is further driven by a 215% quarterly surge in real-world asset tokenization, surpassing $364 million in market cap, and stablecoins like RLUSD exceeding $1 billion across XRP Ledger and Ethereum. Technical upgrades, including the Smart Escrow Devnet’s seventh release, advance native smart contract support. Ripple Prime’s expansion into the U.S. institutional market and speculation around XRP-based ETFs bolster market interest. Traders may view the milestone as a bullish indicator, reflecting increased on-chain utility, scalability, and institutional momentum for XRP.
Bullish
XRP Ledger100M LedgersNetwork PerformanceRWA TokenizationInstitutional Adoption

CleanSpark Boosts Power Capacity 28%, Secures 285 MW for AI Data Center

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CleanSpark expanded its power capacity by 28% in October and secured a 271-acre site near Houston, Texas, with a long-term 285 MW power supply to develop a dedicated AI data center. The company, known for Bitcoin mining, partnered with Submer to implement advanced cooling solutions for high-performance computing (HPC) workloads. CEO Matt Schultz said Bitcoin remains central, but large-scale data centers will power next-generation digital innovation. In October, CleanSpark mined 612 BTC, sold 589.9 BTC at an average price of $110,057 (raising $64.9 million), and ended the month with a 13,033 BTC balance. This move follows a broader industry trend of miners such as HIVE, MARA and WULF diversifying into AI infrastructure to stabilize revenue and mitigate volatility.
Bullish
CleanSparkBitcoin MiningAI InfrastructureHigh-Performance ComputingData Center Expansion