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Huobi founder Li Lin and prominent Asian crypto investors have raised $1 billion to launch an Ether-focused digital asset trust.

 

Ethereum (ETH) is currently consolidating after a modest recovery, trading below $4,050 as bulls and bears assess the next move. The cryptocurrency has struggled to maintain gains above $4,220, forming a short-term contracting triangle on the hourly chart, with immediate support around $3,950.

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As Solana's (SOL) price attempts to hold a crucial support area, an analyst has warned investors that the highly anticipated “Solana season” might not happen as the altcoin risks a massive price crash. Related Reading: Has The Crypto Treasury Bubble Burst?

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Retail investors chasing Bitcoin exposure through public companies like Metaplanet and Strategy have lost an estimated $17 billion.

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Over the last week, Dogecoin has traded as one of the worst-performing cryptocurrencies among the top 10 cryptocurrencies by market capitalization. This has seen it record massive daily price declines amid the broader crypto market bloodbath.

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The crypto market could be heading for serious trouble. Economist and gold advocate Peter Schiff has issued a stark warning that the losses that are about to hit the crypto industry will be staggering.

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DeFi Development Corp. has acquired 86,307 additional SOL at an average price of $110.91, increasing its total SOL holdings to more than 2.19 million. The company now holds roughly $426 million in SOL as it continues to execute its long-term staking and yield strategy. Fresh Acquisition Strengthens DeFi Dev Corp's Solana Treasury DeFi Development Corp.

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Jack Mallers says Bitcoin may outperform every other currency if the government chooses to print money.

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Retail investors lost $17B in Bitcoin treasury firms like MicroStrategy and Metaplanet as inflated premiums collapse, 10X Research reports.

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US spot Bitcoin ETFs registered more than $1.2 billion in outflows to end this week. The eleven spot BTC ETFs saw a total outflow of $366 million on Friday.

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Amid a challenging period for the XRP price, which has seen a decline of 24% over the last two weeks, Ripple Labs, the blockchain payment company, has announced plans to raise at least $1 billion for a major XRP purchase, intended for the establishment of a new digital asset treasury (DAT). Ripple Plans Largest Fundraising Effort According to sources cited by Bloomberg, the capital will be managed within this new treasury, and Ripple plans to utilize a special purpose acquisition company (SPAC) to facilitate the fundraising.

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BTC slumped below $104,000 on Friday.

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XRP has entered a consolidation phase after a recent recovery, currently trading below $2.50 as bulls and bears battle for control. The price is attempting to climb above the $2.420 zone, showing early signs of bullish momentum.

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The Ethereum price has risen 2.74% in the past 24 hours to trade at $3,892.28. A market analyst believes Ethereum is mirroring a previous rally that led to massive gains earlier this year.

 

In the world of digital finance, the decisions of central banks, and in particular the United States Federal Reserve (Fed), have a profound impact not only on traditional markets but also on the trend of cryptocurrencies. Despite being decentralized, Bitcoin (BTC) and other digital assets are significantly affected by interest rate changes and monetary policies that regulate global liquidity. Understanding how and why Fed rates influence cryptocurrencies is therefore essential for anyone investing or operating in the crypto sector.

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BTC keeps disappearing from exchanges.

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Data shows the plunge in Bitcoin and the altcoins has sent a shockwave through the derivatives market, resulting in massive long liquidations.

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On October 17, both US spot crypto ETFs, Bitcoin and Ethereum, recorded strong outflows. According to SoSoVlaue, Bitcoin ETFs saw $366.59 million outflows, while Ethereum reported $232.28 million. Bitcoin ETF Breakdown Bitcoin ETFs recorded a net outflow of $366.59 million, with BlackRock IBIT leading at $268.61 million.

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For months, investors believed buying shares in Bitcoin treasury companies like MicroStrategy and Metaplanet was the smarter, safer way to gain exposure to the world's largest cryptocurrency. It felt like a shortcut to Bitcoin profits until the Bitcoin treasury bubble bursts.

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XRP price has dropped nearly 23% over the past 30 days, extending one of its steepest declines this quarter. However, the token has shown its first signs of recovery — rising 6% in the past 24 hours — as several technical and on-chain metrics suggest the worst may be over.

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After two sharp market drops this month, altcoins are again drawing attention from large investors. Despite broader caution, crypto whales appear to be positioning early for a rebound, buying key altcoins ahead of the expected October rate cuts.

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American regional banks plunge back into turmoil, reviving the specter of systemic instability. As markets react nervously, bitcoin retreats, but some already see it as an early sign.

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Ethereum (ETH) is drawing renewed attention from institutional investors after Fidelity clients purchased roughly 36,460 ETH, worth approximately $154.6 million. This move underscores continuing confidence in Ethereum's long-term prospects, even as spot ETH exchange-traded funds (ETFs) experience significant outflows.

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Bitcoin continues to struggle under bearish pressure following last Friday's sharp market drop, with traders still reeling from one of the most volatile weeks in months. While BTC battles to hold above the $105K–$106K zone, gold has surged to new all-time highs, signaling growing uncertainty in global markets.

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The cryptocurrency Fear & Greed Index has plummeted into the extreme fear territory following the crash in Bitcoin and other assets. Bitcoin Fear & Greed Index Is Now Pointing At “Extreme Fear” The “Fear & Greed Index” is an indicator created by Alternative that uses the data of several factors to determine the net sentiment present among traders in the Bitcoin and wider cryptocurrency markets.