Ripple Labs has led a new wave of crypto funding after raising $500 million, marking its biggest capital round since 2019. The raise comes as 12 crypto companies secured a combined $666 million in the first week of November, according to data from DeFiLlama. This surge has pushed total crypto startup funding to $22 billion so far in 2025, more than double last year’s total. Analysts say the industry is now on track to reach $25 billion by the end of the year — a sharp rebound despite October’s $500 billion market crash. Ripple’s $500 Million Round Ripple’s new funding…
Author: Sazid Kabir
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JPMorgan Chase has significantly increased its exposure to Bitcoin exchange-traded funds (ETFs), reporting a 64% rise in its holdings of the iShares Bitcoin Trust (IBIT), the largest spot Bitcoin ETF managed by BlackRock. According to a Form 13F-HR filing dated November 7, JPMorgan’s holdings in IBIT grew from 3.2 million shares to 5.28 million, valued at more than $343 million as of September 30. The addition of over 2 million shares marks a strong signal of institutional confidence amid recent volatility in the cryptocurrency market. The filing also comes shortly after JPMorgan announced it would accept Bitcoin ETFs as collateral…
Solana, once known mainly for retail crypto trading and memecoins, is now attracting attention from major financial institutions. Analysts say the blockchain’s speed and low transaction costs could make it a serious player in the growing market for asset tokenization. For years, many believed that Ethereum would become the preferred blockchain for institutional use. It is the largest smart contract platform and a long-time favorite for developers. However, as tokenization — the process of putting traditional financial assets on blockchains — gains momentum, some experts are reconsidering Solana’s potential. A Shift in Solana’s Image Solana’s early years were defined by…
XRP surged 4.9% to $2.35 on Tuesday, breaking key $2.30 resistance amid strong institutional activity. The move marked the token’s largest daily gain in a week, outperforming a broadly declining market. Traders are now watching a potential push toward $2.50. The rally was fueled by large holders accumulating near $2.30 and a technical breakout confirmed by three consecutive hourly candles on rising volume. Momentum indicators suggest the trend remains bullish, with support now anchored at $2.32 and immediate resistance at $2.38–$2.39. Market sentiment was further boosted by a joint pilot program from Ripple, Mastercard, WebBank, and Gemini using the RLUSD…
Bitcoin recovered above $103,000 on Thursday as stronger US economic data and positive corporate earnings lifted global risk assets. The move came as Asia stock markets opened higher, partially recovering from Wednesday’s selloff. US data showed services activity at an eight-month high in October and private payrolls rising by 42,000, surpassing expectations. The results eased concerns about stretched valuations in tech stocks and boosted confidence among dip buyers. Asia’s Nikkei advanced about 1.5% and South Korea’s Kospi jumped more than 2% at the open. While yields on US Treasuries remained elevated and the dollar stayed near a five-month high, traders…
Dogecoin (DOGE) remained above $0.16 on Wednesday despite profit-taking that capped a recent breakout attempt, indicating cautious optimism among investors. The meme-coin edged 0.5% lower to $0.1657 after a brief rally to $0.1665, supported by an ascending channel structure. Institutional flows largely shaped the price action, with large-cap holders accumulating near $0.1620 early in the week and trimming positions around $0.1670. Volume surged 104% above daily averages during Tuesday’s session, confirming smart-money participation in the breakout attempt. Analysts noted that the pullback reflected disciplined profit rotation rather than exhaustion of the bullish trend. Technical indicators suggest a neutral-to-bullish short-term bias.…
Following the early-November crypto crash, large investors, known as “whales,” are quietly buying select altcoins, suggesting potential recovery in the market. On-chain data shows whales focusing on tokens with strong technical setups and bullish signals. Three altcoins have attracted significant accumulation. Aster (ASTER) – Whales increased holdings by 12.58%, now owning 43.62 million ASTER. Technical analysis indicates a potential breakout above $1.28, with upside toward $2.21. Key support is at $0.93, with a possible drop to $0.81 if market conditions weaken. Bio Protocol (BIO) – Whales added 880,000 BIO tokens, with mega whales slightly increasing their holdings. Total accumulation reached…
Chainlink has been selected as the exclusive infrastructure provider for SBI Digital Markets (SBIDM), the digital asset division of Japan’s SBI Group, which manages over $78 billion in assets. The deal comes as Chainlink introduces new technology and the supply of its LINK token on exchanges hits multi-year lows. Under the partnership, SBIDM will integrate Chainlink’s Cross-Chain Interoperability Protocol (CCIP), allowing tokenized real-world assets to move seamlessly across public and private blockchains. The integration will use CCIP Private Transactions to protect sensitive information, such as transaction amounts and counterparty details. SBIDM is also exploring Chainlink’s Automated Compliance Engine (ACE) to…
Robinhood (HOOD) exceeded Wall Street expectations in its third-quarter earnings report, driven by a surge in cryptocurrency revenue, while announcing that its chief financial officer will retire next year. The trading platform reported earnings per share of $0.61, surpassing analysts’ forecast of $0.53, and posted total net revenue of $1.27 billion, doubling from a year ago and exceeding projections of $1.2 billion. Revenue growth was supported by cryptocurrency transactions, which jumped more than 300% to $268 million, alongside a 132% increase in equities revenue. Robinhood CEO Vlad Tenev highlighted the company’s ongoing expansion, pointing to growing prediction markets, the rollout…
Ethereum (ETH) dropped by 3% in the past 24 hours as investors wait for the U.S. Federal Reserve’s latest interest rate decision. Analysts expect the Fed to cut rates by 25 basis points, marking the second rate cut of 2025. According to data from FedWatch, a third cut could come in December — unless economic conditions force a delay into 2026. A delay in the rate-cut cycle could hurt the broader cryptocurrency market, especially altcoins like Ethereum. On the other hand, if the Fed confirms a positive outlook, it may support Ethereum’s recovery trend. Despite today’s dip, ETH remains up…