Crypto News

XRP wallets holding at least 1 million tokens reached 2,147, their highest count in 2026, according to Santiment. The number rose by 28 in 10 days, including 18 in the final three days. The earlier report said XRP traded in a narrow $1.20–$1.25 range during the increase; the later summary provided no updated price data. Santiment also recorded 7,934 new XRP Ledger wallets on 1 November, the sixth-highest daily total of the year. The rising XRP whale-wallet count may signal accumulation, but wallet numbers do not confirm net buying or show whether separate investors control the addresses. Santiment described a more constructive setup if the count stays above 2,140 and XRP reclaims $1.30, followed by $1.40. The signal is not a guarantee: in a similar episode, large-holder wallets increased while XRP’s market capitalisation fell 29%.

Bitcoin is trading above $77,000 after a weak start to the week, with its near-term outlook still fragile. The key level is the 200-day EMA at $76,466: a sustained daily close below it could deepen the decline and prompt further selling. Bitcoin has moved above the 100-day EMA near $77,770, but faces resistance at $78,760 and around $80,000, where the 50-day EMA sits near $79,997. A sustained break above $80,000 could improve the outlook and bring $85,000 resistance into focus. Momentum remains mixed: the daily RSI is near 40, while MACD is below its neutral line. Traders are watching support and resistance for confirmation of Bitcoin’s next move.

Ripple CEO Brad Garlinghouse said RLUSD is intended to compete with other stablecoins, not XRP, and that he wants RLUSD use cases to run on the XRP Ledger (XRPL). His remarks reinforce Ripple’s view that RLUSD and XRP can serve different purposes on the same ledger. They followed comments from XRP community commentator WrathofKahneman, who said greater RLUSD liquidity could improve XRPL’s utility, while noting that the effect on XRP’s price may be limited if transactions do not directly use XRP. The discussion adds to debate over whether RLUSD will expand the XRP ecosystem or displace XRP in some payment flows. No adoption figures or market-impact data were provided, and whether RLUSD growth will drive broader XRP use remains uncertain.

Hyperliquid’s HYPE token is facing rising near-term correction risk after failing to extend its rally. Following a move to about $97 on 29 October—after ICE announced a partnership with Hyperliquid to launch a regulated US perpetual futures market—HYPE fell 14.19% over six days. It had previously gained nearly 10% in a week despite a broader market pullback, but was later trading below its recent high near $98. Analyst Ali Martinez says a potential head-and-shoulders pattern could point to a roughly 22% correction if HYPE closes a 12-hour session below the $76–$78 neckline. That break could open the way to targets around $62 and $59; another analyst has also identified $76–$77 as key support. Trading data points to a liquidity pocket near $74, while six consecutive days of positive exchange netflows in CoinGlass data suggest more HYPE may be moving onto exchanges and becoming available for sale. A recovery above about $90 would weaken the bearish setup, and the pattern is not confirmed unless support breaks. For traders, the signals raise downside risk in the short term, but do not yet confirm a lasting trend reversal. HYPE’s broader weekly trend may remain bullish, leaving room for a retracement rather than a deeper reversal. Bitwise CIO Matt Hougan noted that in 2026 the median return among the top 20 crypto assets was -15%, versus an average gain of 14%, with HYPE, NEAR and ZEC among the stronger performers.

Microsoft Copilot’s speculative NEAR price forecast has been given a specific adoption premise: major technology companies and AI research institutions would use NEAR for a decentralized AI-agent network and data marketplace. Under that scenario, NEAR could reach $45–$80 by 1 January 2027, with a stretch target above $120. The article says coordinated adoption is currently unlikely, so these AI-generated figures are not a base-case forecast or evidence of stronger fundamentals. The article places NEAR in a consolidation range around $3.75–$4.00, while listing support at $4.20–$4.30 and $3.80–$4.00, and resistance at $5.00–$5.50. A sustained break above $6–$7 would be a stronger technical signal; broader liquidity and institutional demand are also relevant. The cited levels should be checked against live market data. The article additionally promotes LiquidChain, a cross-chain Layer 3 project. It reports a presale price of $0.014971, more than $988,000 raised toward a $1 million target, and staking APY above 1,100%. These figures are project-reported, and its execution remains unproven. For NEAR traders, the AI adoption thesis is a possible long-term catalyst, but price action and real adoption—not the forecast alone—remain key.

XRP’s four-hour Bollinger Bands have tightened to their narrowest levels since August, and the latest chart shows the price moving above the upper band. Analyst Ali Martinez says this could signal a bullish breakout as volatility expands, but the direction is not confirmed. He identifies a four-hour close above $1.27 as bullish and below $1.23 as bearish, with the range between them a no-trade zone. XRP was recently around $1.28, up from about $1.25 in the earlier chart. A similar squeeze in August preceded a rally of nearly 71% in three days, but past performance does not guarantee a repeat. Traders may watch for a confirmed close beyond either threshold; the setup could bring short-term volatility without establishing a sustained trend.

Broadcom (AVGO) remains a Buy, with AI chip growth supporting the investment case but profitability and financial risks in focus. Earlier analysis highlighted its acquisition strategy, VMware integration, strong free cash flow and debt repayment capacity; it also flagged rising customer concentration, $201 billion in off-balance-sheet purchase commitments and $179.2 billion in remaining performance obligations. The later analysis adds that acquisition-related amortisation and stock-based compensation may make headline earnings multiples overstate Broadcom’s valuation. AI custom-chip revenue is expected to double, although lower margins and reliance on a small group of customers could mean profits grow more slowly than sales. A reported $43 billion financing backstop is another exposure to monitor. Investors are watching the December gross-margin report for evidence that AI demand is translating into stronger profitability. For traders, Broadcom’s AI outlook offers a growth catalyst, but customer concentration, margins, acquisition execution and financing commitments could drive volatility.

Crypto custody firms are expanding beyond secure storage into trust, settlement and asset management as demand for regulated digital-asset services grows. Tiger Research says the number of MiCA-authorised crypto custodians in Europe rose from 50 to 230 in a year. Tokenised real-world assets grew 85% to about $39.8 billion, while stablecoin market capitalisation exceeded $300 billion in 2025, supporting demand for institutional custody. The shift echoes traditional finance, where firms such as State Street expanded from custody into trust and investment services. In digital assets, Anchorage and BitGo are moving into stablecoin issuance and settlement, while Agora and Catena are pursuing investment advice and asset management. All four have obtained or are seeking US national trust bank status; Agora and Catena received conditional preliminary approval from the OCC on 18 September 2026. Crypto custody fees are often tied to assets under custody, limiting revenue growth. Trust services can add investment management, collateral administration, settlement and yield-related services, subject to regulatory approval and fiduciary duties. For traders, the expansion signals long-term growth in digital-asset infrastructure, not an immediate catalyst for BTC or ETH prices. Regulatory decisions, client adoption, security and investment performance will determine whether these firms can turn wider services into lasting growth.

Ethereum (ETH) rebounded from about $2,270 to reclaim $2,300, tracking Bitcoin’s recovery, but the move has not yet confirmed a sustained trend reversal. In the later update, ETH remained below its realized price of $2,309, a resistance level since the reported $6.3 billion Binance security incident last Thursday. A stronger recovery would require a break above resistance at $2,345–$2,355. ETF withdrawals have deepened: US spot Ethereum ETFs first recorded $431.4 million in weekly net outflows, then extended their withdrawal streak to seven trading days, including nearly $85 million on Tuesday. October outflows reached a record $1.61 billion, weighing on sentiment about institutional demand. In contrast, about 43.8 million ETH—35.9% of circulating supply—was staked across roughly 814,000 active validators. Technical signals remain weak, although the 14-day RSI improved from about 34 to 39. ETH is still below major moving averages, with $2,250 as near-term support. A daily close below it could put $2,204 and $2,107 in focus; earlier analysis also flagged $2,200 and $2,000 as downside levels. A sustained move above $2,309 and then $2,345–$2,355 would improve the outlook, with $2,400–$2,450 previously identified as potential targets. Traders are also watching the US employment report due November 6 for clues on interest-rate expectations.

U.S. spot Bitcoin ETFs recorded about $116 million in net outflows on November 3, extending their outflow streak to three days. Spot Ethereum ETFs lost about $85.35 million, marking seven consecutive days of withdrawals. Combined outflows were roughly $200.9 million. Among Bitcoin funds, IBIT had the largest outflow at $95 million, while BITB saw $21.9 million in inflows; Ethereum fund ETHA led withdrawals with $74.4 million. The continued Bitcoin ETF and Ethereum ETF outflows signal weaker short-term demand for crypto investment products, but one day’s flows do not determine BTC or ETH prices. Traders may watch for the streaks to continue or reverse.

Binance co-founder He Yi confirmed that the exchange previously fired an employee for downloading the iQiyi app on a work computer. Responding on X to discussion about a Binance security incident and internal device-management rules, she said the company accepted responsibility for the decision and would not allow the same issue to happen again. The reports offer no details about the employee or evidence linking the dismissal to the security incident. The episode highlights Binance’s workplace device policies but does not indicate a confirmed breach or a change in the exchange’s operations.

OKX has launched Simple Options, a product for trading options on tokenized stocks. The first supported assets are xSPCX, xMU, xGOOGL and xNVDA. Traders can buy or sell calls and puts, with 24/7 quotes and a minimum trade size of one share. Before placing an order, OKX Simple Options displays the premium, breakeven price and potential profit or loss. The product uses all-in pricing and charges no separate trading fee. The launch expands OKX’s derivatives offering, but the announcement points to no direct change in cryptocurrency market conditions.

Odaily monitoring reports show a profitable crypto address has reduced its ETH short exposure, but still holds a substantial bearish position. An earlier report said the trader cut about $10.35 million of its ETH short between 21:37 and 22:01 UTC+8 on 17 October 2026, taking a loss of around $207,000 on the closed portion; the position was still worth about $198 million by 22:11. A later report put the address’s cumulative trading profits at about $211 million and said it closed roughly $4.61 million of ETH shorts, with about 89,200 ETH still short. The later report cited an average closing price of $2,286.21. The reports may reflect different monitoring snapshots, so the reductions should not be added together. The partial ETH short reduction eases this trader’s bearish exposure, but the remaining position is sizeable and does not confirm a broader change in ETH’s market direction.

Lookonchain initially reported that 174.86 BTC, worth about $13.74 million, had been liquidated from a short position during Bitcoin’s rebound. A later update said trader 0x4b62’s BTC short was liquidated six times in roughly two hours as BTC rose above $78,000, bringing reported liquidations to 199.83 BTC, or about $15.45 million. The trader still held a 70.99 BTC short, valued at around $5.5 million, with a liquidation price of $78,192.79. The growing BTC short liquidations highlight the risks of leveraged trading during sharp price moves, but the report does not indicate broader market-wide liquidations.

The XRPL DIA Oracle now publishes on-ledger price quotes for Ripple’s RLUSD and euro-pegged EUROP, alongside XRP, Bitcoin (BTC), Ethereum (ETH), USDC and USDT. The feeds use native XRPL PriceOracle objects under the XLS-47 standard. One recorded snapshot showed RLUSD at $1.0008, EUROP at $1.1192 and XRP at $1.2508; these are historical prices, not current quotes. The XRPL DIA Oracle dashboard indicates that data freshness is uneven. One object was marked stale, with a newer observation recorded on November 2 at 20:02 UTC, while another was marked cold and last updated on February 24, 2025. Traders and developers using these feeds for valuations, trading or collateral checks should consider update times, as outdated prices may not reflect market conditions. The feeds expand XRPL’s on-chain market-data options, including a euro price reference, but there is no confirmation that Ripple’s DriveWealth or C2FO partnerships use DIA data. XRPL’s proposed lending platform remains unapproved and its early design relies on off-chain underwriting rather than automatic on-chain liquidations. The addition is a potential infrastructure development, but feed reliability and adoption will determine its practical value.

On-chain monitoring service Onchain Lens reported that a Bitcoin whale transferred 1,073.49 BTC, worth about $83.39 million, to a new wallet. The Bitcoin had been received from BTC Markets three months earlier. The purpose of the transfer is unknown, and moving Bitcoin to a new wallet does not confirm a sale or a shift in market direction. Traders may monitor for subsequent transfers to exchanges, which could offer a clearer indication of potential selling pressure.

HTX expanded its USDT-margined perpetual contract offerings in two announcements. On 2 November 2026, it launched EWZS/USDT, OXY/USDT, SMR/USDT, NU/USDT and MPWR/USDT contracts; on 4 November, it added TTMI/USDT, AXP/USDT and NOC/USDT. The HTX perpetual contracts support long and short positions with leverage of 1x to 20x. The announcements did not provide further details on contract specifications, fees or trading activity. The additions broaden traders’ derivatives access to these markets, but no direct price impact on the listed assets was specified.

BNB Standard has appointed SkyBridge Capital founder Anthony Scaramucci as an independent director, expanding its board to seven members. The appointment fulfils part of a June cooperation agreement with YZi Labs. The later announcement offered no additional details about Scaramucci’s responsibilities or the company’s strategy, and reported no immediate changes to BNB or its ecosystem. As of July 31, 2026, BNB Standard held 515,544 BNB, worth about $302.3 million and representing 93.1% of its assets. The Nasdaq-listed BNB treasury company is also planning to operate a BNB Chain validator. Scaramucci’s appointment may add credibility, but it does not itself create direct demand for BNB. Traders may also monitor the validator plans and the company’s response to a previously disclosed internal-controls weakness.

Anthropic’s IPO plans have advanced, with its IPO website now live and retail subscription channels arranged across Japan, the UK, Canada, Australia and parts of Europe. Participating institutions include Interactive Brokers, Revolut and SBI. A Japanese regulatory filing indicates a potential offering of up to $3.5 billion, though the final offer size, share count and price have not been set, and the listing application still requires approval. Anthropic filed its prospectus on 26 October and plans to list on Nasdaq under the ticker ANT. A roadshow could begin during the week of 9 November, with the company aiming to go public by month-end. Proceeds may support operations, computing infrastructure, hiring and investments. The Anthropic IPO is a significant AI and equity-market development, but its direct effect on cryptocurrency prices is likely limited. The ANTH perpetual contract on Hyperliquid tracks an estimated Anthropic valuation and does not provide equity ownership or IPO allocation rights.

US President Donald Trump congratulated Democrats on their midterm election victories and said he was willing to work with them, while warning he could veto legislation. He blamed some Republican losses on candidates who lacked voter support or were not his allies, and said Republicans would have done better if he had been on the ballot. On the Iran war, Trump said its end would be decided by him. The comments add to uncertainty about congressional cooperation and the conflict’s course. Neither statement outlined new policy, but changes in US political and geopolitical risk can influence broader market sentiment, including crypto trading.

Arbitrum’s Security Council moved 8,425 ETH and about 74.56 million ARB, worth roughly $30 million, linked to the October 29 Binance hack into a holding address on October 30. Using emergency powers, the council temporarily modified Arbitrum’s Ethereum Inbox contract to make the transfers without the targeted wallet’s private key or signatures, then restored the original code in the same Ethereum transaction. At least nine of the council’s 12 members approved the action. Arbitrum said it did not affect other users or applications. The assets remain frozen and have not been returned to Binance; a separate ArbitrumDAO vote is required for any release, and no timetable has been announced. This is not the same as Binance’s customer reimbursement: Binance said the breach involved about $6.34 billion, with $2.85 billion frozen or intercepted, and that it had replenished 98% of affected tokens and allocated enough funds to cover losses. The FBI attributed the theft to North Korea’s TraderTraitor operation. For traders, the Arbitrum intervention may reduce the risk that the identified assets can be moved, but it does not resolve ownership or guarantee recovery. The emergency upgrade also highlights the authority of Arbitrum’s governance, leaving the DAO’s next decision and any on-chain transfer as key developments for ARB and network confidence.

BitMart founder Sheldon Xia said the crypto exchange was hacked on 3 November, describing the breach as small but not disclosing its scope or whether user funds or data were affected. BitMart began investigating and strengthened its security measures. Preliminary findings suggest the attackers may be linked to the group suspected of targeting Brazilian exchange Mercado Bitcoin, though this connection remains unconfirmed. Xia also said recent restructuring left BitMart with a small core team and significant security understaffing. The BitMart hack adds to concerns about crypto exchange security; traders may watch for official updates, withdrawal issues and signs of broader market contagion.

South Korea’s KOSPI index fell 4%, with an earlier report citing 5,624.71 points and a later update putting it at 5,422.53. The reports did not explain the decline. The KOSPI’s weakness may signal pressure in Asian equities, but neither report cited a direct effect on cryptocurrency prices. Crypto traders can monitor broader risk sentiment, while treating the KOSPI move as an indirect indicator rather than a confirmed crypto-market catalyst.

Societe Generale has accepted $10 million in tokenized US Treasuries as eligible collateral on the Canton Network, in a transaction handled by its prime brokerage and clearing business. The assets were created through a Depository Trust & Clearing Corporation (DTCC) tokenization pilot, transferred on-chain and integrated with the bank’s existing back-office and collateral management systems. The bank plans to assess additional eligible tokenized securities, support routine collateral transfers and explore on-chain financing, including agency and principal repo transactions. Any expansion remains subject to internal approval and regulatory requirements. The deployment shows tokenized US Treasuries being used in institutional collateral processes, but its limited scale does not signal a change in crypto market direction.

US midterm election results showed Democrats gaining ground as vote counts advanced. Earlier figures cited by Decision Desk HQ put Democrats ahead in 148 of 240 House races called and 47 of 85 Senate seats called. Later CNN data showed Democrats with 50 Senate seats to Republicans’ 37, a net gain of five, and projected a Democratic win in Kansas. Democrats flipped seats in Ohio, North Carolina, South Carolina and Texas. In the House, Democrats had won 141 of 234 called races, including nine pickups, while Republicans had 93; Decision Desk HQ projected Democratic control, raising the prospect of divided government. The US midterm election could affect fiscal policy and regulation, but the reports identify no direct impact on cryptocurrency prices or trading conditions.

Lookonchain reported that a newly created wallet withdrew about 521,500 UNI, 915,700 MORPHO and 10 million ARB from Bybit. The tokens were valued at approximately $3.69 million, $1.95 million and $1.54 million, respectively, for a total of about $7.18 million. The Bybit withdrawals are notable on-chain activity, but the transaction alone does not show whether the wallet owner intends to hold the tokens, accumulate more or sell them. Traders may monitor subsequent wallet movements for further clues.

Anonymous trader VBVIT holds a 25x leveraged BTC short on Hyperliquid, covering 1,376.07 BTC and valued at about $104 million. Opened at an average price of $79,860.80, the BTC short shows about $4.89 million in unrealised profit, plus approximately $426,000 in funding income. It is reportedly the most profitable open BTC short on the platform. VBVIT’s positions total around $163 million, with about 95% in shorts and BTC making up 63.8% of exposure. The concentrated position may put leverage, funding flows and liquidation risk on traders’ radar, but one account’s BTC short does not establish the market’s broader direction.

Aave Pro has enabled collateral swaps in Aave V4 markets on Ethereum, Base and Avalanche. Borrowers can exchange one type of collateral for another without closing their lending positions, with swaps powered by CoW Swap. The rollout gives users more flexibility to manage collateral exposure across the three networks. The later summary adds no new rollout details and, like the earlier account, notes that fees, usage and market impact have not been disclosed. Aave Pro collateral swaps may improve portfolio management, but no immediate effect on AAVE demand or price is established.

Bybit CEO Ben Zhou says crypto exchanges should assume hacks can happen and focus on containing losses and maintaining operations. His comments follow the February 2025 breach, in which attackers stole about $1.5 billion, including more than 401,000 ETH, after compromising Safe{Wallet} infrastructure. Bybit covered the losses with corporate reserves and processed more than 350,000 withdrawal requests within 72 hours, saying customers did not lose funds. The exchange has since strengthened multisignature wallet security and introduced AI-assisted monitoring, which it says has blocked more than $700 million in suspicious transactions. Zhou also said Bybit has replaced its previous third-party cold-wallet security arrangement with a banking-grade hardware wallet system. Staff must be physically present to unlock its hardware security module. He warned that such systems are costly and slow to build, and that exchanges must defend against social engineering as well as technical attacks. The incident highlights the need for layered crypto security and operational resilience across exchanges and shared infrastructure.