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Showing posts with the label digital assets

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...

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...

BitMine Buys The Dip Again, Has Scooped Up $1.48 Billion In Ethereum Since Market Crash

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BitMine, the world’s largest corporate holder of Ethereum, bought another $281 million worth of ETH yesterday, lifting its total purchases to $1.48 billion since the flash crash on Oct. 10. According to the X account “BMNR Bullz,” BitMine bought another 72,898 ETH for $281 million yesterday, and a total of 379,271 ETH in three separate buys since the record $19 billion in liquidations during the crash earlier this month. 🚨 MASSIVE ETHEREUM ACCUMULATION Bitmine just went ALL IN on $ETH scooping up a total of 379,271 ETH ($1.48B) during the dip! 👀 💰 +72,898 ETH ($281M) yesterday's dip 💰 +104,336 ETH ($417M) 3 days ago 💰 +202,037 ETH after the weekend crash Tom Lee wasn’t joking when he said… pic.twitter.com/oiyhLO79wk — BMNR Bullz (@BMNRBullz) October 18, 2025 BitMine bought 104,336 ETH for around $471 million three days ago and another for 202,037 ETH shortly after the market-wide pullback. BitMine, ...

XRP Falls 20% In 1 Month: Will A Rate Come To The Rescue?

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Ripple’s XRP token started the year with a bang. The asset breached the $3 mark for the first time in seven years in January and went on to hit a new all-time high of $3.65 in July. However, XRP has faced quite a struggle over the last few weeks. According to CoinGecko data, XRP’s price has fallen 3.6% in the last 24 hours, 14.9% in the last week, 18.7% in the 14-day charts, and 19.8% over the last month. Despite the steep price correction, XRP is still up by 344.5% since October 2024. Source: CoinGecko Will An Interest Rate Cut Rescue XRP’s Falling Price? Source: Shutterstock XRP’s lackluster performance over the last few years was due to the ongoing lawsuit between the SEC and Ripple. With the lawsuit out of the way, XRP began to surge to price levels not seen in years. While 2025 has been quite a bullish year for XRP, the general market slump over the last few weeks has led to substantial outflows. The crypto market faced its most significant one-day liquidati...

Public Firms Holding Bitcoin Increase By 40%: $117 Billion Held

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Corporate treasuries seem to be going all in on Bitcoin (BTC). Treasury purchases have played a significant role in BTC’s recent price spikes. According to Bitwise, the number of public companies that hold Bitcoin (BTC) surged by almost 40% in the third quarter of this year. A total of 172 publicly-traded companies hold a total of 1.02 million Bitcoin (BTC), worth around $117 billion. These companies collectively hold about 4.8% of the total BTC supply. According to an X post by Bitwise CEO Hunter Horsley, “ People want to own Bitcoin. Companies do too. “ There are almost 40% more public companies holding bitcoin today than there were 3 months ago. Companies Are Buying Bitcoin, Q3 2025 Edition: pic.twitter.com/R6m1kyaP0H — Bitwise (@BitwiseInvest) October 14, 2025 Will Demand For Bitcoin From Public Companies Drive Prices? Source: Watcher.Guru ETF inflows and corporate purchases have led to a significant price surge for Bitcoin (BTC). The original crypto has hit ...

Shiba Inu Is Still At a Discount: Should You Buy The Dip?

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Shiba Inu (SHIB) is undoubtedly one of the most popular cryptocurrencies of the last few years. The coin’s stellar performance during the 2021 bull run solidified its status as a millionaire-maker. SHIB’s price rose by many million percent within just a few months of its launch. While SHIB hit an all-time high of $0.00008616 in October 2021, many new investors got into the project when it was at its top. SHIB’s price has fallen substantially over the last four years. Investors who bought at the top continue to sit on heavy losses. Given the current low prices, let’s discuss whether you should buy the Shiba Inu (SHIB) price dip. Is Shiba Inu Worth Buying During The Price Dip? Source: Watcher.Guru One of the most significant catalysts to Shiba Inu’s (SHIB) incredible 2021 rally was Vitalik Buterin’s massive token burn. The Ethereum co-founder received half of SHIB’s entire supply upon the project’s launch. However, Buterin decided to burn 90...

Bitmine Receives 23,823 Ethereum From BitGo As Institutional Accumulation Continues

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Litecoin Surges 10% in 1 Day, While Market Plummets: Here's Why

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Litecoin (LTC) is currently one of the best-performing cryptocurrencies in the daily charts. According to CoinGecko data, LTC is trading in the green zone across the board, unlike many major crypto assets. The coin has rallied 10.4% in the daily charts, 10.8% in the weekly charts, 26.7% in the 14-day charts, and 15.8% over the previous month. LTC’s price has also risen by more than 100% since October 2024. This means that your money would have more than doubled in the last year. Let’s discuss why Litecoin’s (LTC) price is experiencing such a big rally right now. Source: CoinGecko What’s Behind Litecoin’s Big Price Rally? Source: tokenmetrics Litecoin’s latest upswing is likely due to high expectations for an ETF approval. Canary recently filed final amendments for its Litecoin spot ETF. The move could signal the coming of an ETF approval. Many experts anticipate an LTC ETF to be approved soon. However, some say that the government shutdown may have de...

BNB Price Soars 5%, Leapfrogs XRP, Tether To Become 3rd-Largest Crypto As CEA Reveals $626M Hoard

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The BNB price soared 5% in the last 24 hours to trade at $1,311 as of 4 a.m. EST on a 105% increase in trading volume to $12.05 billion. The pump enabled BNB, the native token of BNB Chain, to leapfrog over XRP and Tether to become the third-largest crypto by market capitalization. That comes as CEA Industries announced that it holds 480,000 BNB tokens worth over $633 million. The company is adopting Binance Coin as its main treasury asset and aims to raise more funds to expand its holdings further. 🔥 LATEST: CEA Industries (Nasdaq: $BNC) is stacking $BNB at ATH's The company reported holding 480K $BNB worth $624M and plans to reach 1% of BNB’s total supply by year-end! This is the largest reported $BNB treasury — THIS is conviction. pic.twitter.com/TB6zzrveKp — CryptosRus (@CryptosR_Us) October 7, 2025 The company initially invested about $413 million in BNB, saying the strategy underscores its confidence in BNB’s long-term potential. BNB Coin...

Here’s Why XRP Hitting $4 In October Could Be A Reality

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Ripple’s XRP token is having one of its most significant years in recent memory. The asset struggled to gain momentum over the last few years, even during the 2021 bull run. The lackluster performance was most likely due to the SEC’s lawsuit against Ripple. XRP breached the $3 mark for the first time in seven years earlier this year, in January. The asset even hit a new all-time high of $3.65 in July. In this price prediction article, let’s discuss why XRP could breach the $4 mark in October. XRP Price Prediction: $4 Could Be A Reality This October Source: CryptoNynjas The cryptocurrency market seems to be already entering another bullish phase. Historically, October has been quite bullish for the crypto market. Bitcoin (BTC) has already reclaimed the $120,000 price point, and could be heading to a new all-time high. BTC hitting a new peak could trigger a market-wide rally. XRP’s price could surge beyond the $4 mark under such circumstances. There is a lot of tal...