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XRP open interest collapses 63% in October

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XRP is holding near $2.63 after adding a little over $10 billion in market value this week, but the real story is under the hood.  Derivatives positioning has gone through a full wash–rinse cycle in October: XRP ledger open interest (OI) across exchanges peaked near $3 billion on October 6, collapsed to roughly $1.08 billion by October 17 a collapse of 63%, according to data analyzed by Finbold from  CryptoQuant . XRP ledger open interest 1-month chart. Source: CryptoQuant XRP open interest recovered to about $1.39 billion as of October 26, the token’s price also bounced while leverage did not, which tells you spot demand steadied first and spec came back second. XRP ledger open interest 1-week chart. Source: CryptoQuant XRP ledger open interest hits May 2025 lows Binance did much of the deleveraging. Its XRP OI slipped back to the same neighborhood as the May 2025 trough, the point that preceded the run from $0.70 to $3.50. In May, perp funding compres...

Top Selling NFTs This Week – Penguins And Bored Ape Lead In Sales

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Following a significant market downturn in the first week of October, the NFT market has begun to showcasing signs of recovery and resilience. Even though the trading sales volume and floor prices are still down, the number of investors buying NFT collections has increased by 33% this week. This resilience shows NFTs have evolved from being speculative profile pictures and found new use cases, such as gaming integration, real-world asset tokenization, and digital identities, which make them now stable and reliable digital assets. Below, we have listed the top-selling NFTs this week. 1. Pudgy Penguins NFT Collection Pudgy Penguins, a globally acknowledged non-fungible token collection from the digital asset firm Igloo Inc featuring a limited edition of 8,888 penguin cartoon birds hosted on the Ethereum blockchain network, is the most-selling NFT collection in the global NFT market this third week of October 2025. In the past seven days, the Pudgy Penguins have recorded a trading sales...

Why The Dogecoin Price Could Reverse To $0.5 As Momentum Reaches Historical Lows

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TSLA Slides 37% After Q3 Earnings Miss

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Tesla’s Q3 earnings revealed profit plunged 37% to $1.4 billion from $2.2 billion a year earlier, despite revenue climbing to $28.1 billion. TSLA stock declined after the company earned less per vehicle due to price cuts and low-interest loans. Market share loss accelerated as competitors offered comparable technology at lower prices, and Elon Musk shifted focus toward robotaxi expansion ahead of a crucial shareholder vote. TSLA stock price chart showing decline with intraday trading movement – Source: Yahoo Finance Tesla Q3 Earnings Miss Sparks TSLA Drop Amid Robotaxi Expansion Plans Pricing Strategy Sacrifices Margins Tesla’s Q3 earnings showed the company sold more vehicles than in Q3 2024, but profitability collapsed. The automaker reduced prices and offered low-interest loans to stimulate demand as shoppers rushed to use a federal EV tax credit before it expired September 30. TSLA stock investors reacted negatively to margin compression. Earnings per share actual ...

Whales Scoop LINK as Chainlink Hits $18

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Chainlink whale accumulation has surged as LINK tests the $18 support level, with on-chain data revealing major buy signals from large-scale investors. The 30-day MVRV ratio dropped below -5% on October 17, 2025, entering what analysts describe as an optimal accumulation zone. As Chainlink whale accumulation intensifies, LINK price prediction models suggest potential movement toward $25 if current buying pressure continues. Chainlink leading RWA development activity chart – Source: Santiment Chainlink Whale Accumulation Signals Bullish Move Toward $25 Breakout Source: Crypto Valley Journal MVRV Buy Signal Triggers Whale Activity The Market Value to Realized Value ratio for Chainlink whale accumulation has flashed a major buy signal. This technical metric shows most short-term investors are currently at a loss, which historically tends to be the phase when whales start accumulating. The price jumped 9.5% following the signal. MVRV buy signal and price reaction chart showing accumul...

Why is the crypto market crashing today? $110 billion erased in hours

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The cryptocurrency market faced a brutal sell-off on October 21, with over $110 billion in market value wiped out in a matter of hours. The total market cap plunged from around $3.75 trillion to $3.64 trillion, as panic selling swept across both Bitcoin (BTC) and major altcoins. Crypto market cap price chart. Source: CoinMarketCap Bitcoin slid 3.07% in 24 hours to trade at $107,580, underperforming the broader crypto market’s decline of 2.96%. Despite holding the key $107,000 support level, the benchmark crypto has now logged a 30-day drop of 6.74%. Bitcoin 1-day price chart. Source: Finbold Altcoins were hit even harder. Ethereum (ETH) tumbled 4.67% to $3,860, BNB (BNB) shed 5.13% to $1,067, while Solana (SOL) slumped nearly 5% to $184. XRP fell 2.71% to $2.40, extending losses after recent ETF speculation cooled. Why is the crypto market crashing? The sell-off comes against the backdrop of the ongoing U.S. government shutdown, now in its third week, which...

XRP Cannot Be Mined: Deflation Will Push Price Higher Soon

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XRP cannot be mined, and this is actually one of the most important things to understand about this cryptocurrency right now. Unlike Bitcoin or Ethereum, which rely on mining to create new coins, XRP operates with a fixed supply of 100 billion tokens that only decreases over time, and the way Ripple tokenomics work is that tokens are permanently destroyed with each transaction. This creates a scarcity effect that has catalyzed various major discussions around price predictions as adoption continues to grow across several key institutional sectors. Also Read: Ripple’s Bold $1B XRP Move Echoes Pundit’s $27 Endgame Forecast How XRP Deflationary Tokenomics And Scarcity Could Boost Price Source: CoinDesk At the time of writing, crypto researcher SMQKE has been sharing documented sources that explain how XRP’s structure actually works, and these materials have spearheaded renewed attention across multiple essential areas of the crypto market. Ripple created all 100 billion tokens at lau...