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What to Know: $XRP has been in limbo lately due to a market-wide downturn as a result of US President Donald Trump’s China tariff threats. We asked Google’s Gemini AI Assistant what the future holds for the $XRP token, and the response was bullish. Depending on factors, such as the approval of $XRP ETFs, positive news could push the coin’s price to $3 initially, with a new ATH at $4 or beyond also a possibility. The Best Wallet Token is pumping hard and bullish for the coming year. To date, it has raised over $16.6M in its presale. It’s been…

According to comments from the creator of the stock-to-flow model, the familiar four-year cycle tied to Bitcoin halvings may no longer be a sure guide for traders. Related Reading The analyst — known as PlanB — warned that using just three past cycles to predict future tops is risky, and he said the next peak is not guaranteed to fall 18 months after the last halving in October. Cycle Timing May Vary Widely PlanB told followers that the top could arrive in 2026, or 2027, or even 2028, and that he is more focused on Bitcoin’s average price level than…

Bitcoin is at risk of breaking a crucial support price level as US-based spot Bitcoin ETFs have continued to bleed red after the recent crypto market crash, according to analysts from Bitfinex. “The lack of institutional accumulation has made the $107,000 to $108,000 zone increasingly difficult to defend as support,” Bitfinex analysts said in a report on Tuesday, noting significant net outflows after US President Donald Trump’s tariff announcement earlier this month. Between Oct. 13 and Oct. 17, spot Bitcoin (BTC) ETFs saw around $1.23 billion in net outflows, according to Farside. Bitcoin is down 3.36% over the past 30 days.…

Moon Inc. (HKEX: 1723) has raised about US$8.8 million to launch a Bitcoin prepaid card in Thailand and South Korea, with plans to expand across Asia. The company, a leader in prepaid connectivity and digital asset solutions, confirmed the successful HK$65.5 million fundraising earlier today. The round was supported by a consortium of Bitcoin miners and investors through the issuance of new shares and convertible notes, according to a note shared with Bitcoin Magazine.  “The successful completion of this private placement marks another critical milestone in Moon Inc.’s growth, and we are grateful for the confidence our new and existing…

In brief Decentralized exchange Bunni announced its permanent shutdown Wednesday, saying it lacks the capital for a secure relaunch requiring six to seven figures in audit expenses alone. The September 2 hack drained $8.4 million through flash loan manipulation and rounding errors, with stolen funds remaining unmoved in Tornado Cash-funded wallets. Users can still withdraw assets, and Bunni pledged to distribute remaining treasury to token holders while relicensing its v2 contracts from BUSL to MIT. Decentralized exchange Bunni has announced it is permanently shutting down following an $8.4 million hack last month, with founders saying they lack the capital needed…

In brief Decentralized exchange Bunni announced its permanent shutdown Wednesday, saying it lacks the capital for a secure relaunch requiring six to seven figures in audit expenses alone. The September 2 hack drained $8.4 million through flash loan manipulation and rounding errors, with stolen funds remaining unmoved in Tornado Cash-funded wallets. Users can still withdraw assets, and Bunni pledged to distribute remaining treasury to token holders while relicensing its v2 contracts from BUSL to MIT. Decentralized exchange Bunni has announced it is permanently shutting down following an $8.4 million hack last month, with founders saying they lack the capital needed…

The Financial Transactions and Reports Analysis Centre of Canada (Fintrac) said it fined Xeltox Enterprises Ltd. (which operates as cryptocurrency platform Cryptomus), a record C$176.96 million ($126 million) for widespread compliance failures under federal anti-money laundering and counter-terrorist financing laws.The fine related to over 1,000 suspicious transactions and more than 1,500 large virtual currency transactions that Canada’s anti-money laundering agency said Vancouver-based Cryptomus failed to report between July 1 and July 31, 2024.Investigators said the unreported activity included transactions tied to child sexual abuse material, fraud, ransomware payments and sanctions evasion.Cryptomus, previously known as Certa Payments Ltd., also failed to…

Cyprus’ financial watchdog issued the MiCA licence.It is part of its broader crypto push.It faces fierce competition from fintechs and crypto-native firms.Revolut is set to roll out its crypto services across the EU after securing a licence under the trading bloc’s Markets in Crypto-Assets regulation.On Wednesday, the UK challenger bank announced it had obtained its MiCA licence from the Cyprus Securities and Exchange Commission.“It’s no secret that we have ambitious plans for the crypto sector in the future, and our MiCA license is fundamental to all of that,” Costas Michael, CEO of Revolut Digital Assets Europe, said in a statement…

Pioneers are now allowed to use PI as collateral, borrow stablecoins, or lend to earn yields. The developments surrounding the controversial crypto project Pi Network are quite frequent, and in the following lines, we will focus on the latest one. We will also examine the price performance of the native token PI and assess its potential for a short-term resurgence. ‘Turn Your PI Into Power’ PiBridge, a project related to Pi Network that specializes in offering exclusive services to the community, such as an exchange platform, recently unveiled P2P lending. This means that people can now use their PI…

Quantum Solutions (2338), an AI-focused company that is building an ether ETH$3,883.23 treasury, said its Hong Kong subsidiary, GPT Pals Studio, bought 2,000.13 ether ETH$3,883.23 for $7.85 million on Oct 21.The Tokyo-based company said it now holds 3,865.8 ETH valued at about $15.1 million, with an average cost of $4,101 per ETH. The purchase makes it the world’s 11th-largest ETH digital asset treasury (DAT) and the second-largest outside the U.S., according to CoinGecko data. The largest non-U.S. DAT company, Shanghai-based Intchains, has more than double that number.The purchase was funded through external borrowings and proceeds from recent stock acquisition rights…