While much of the crypto industry isn’t fond of XRP, Matt Hougan is predicting a blockbuster debut for the Ripple-linked cryptocurrency. Bitwise’s chief investment officer told DL News that an XRP exchange-traded fund will “easily become” a billion-dollar fund within its first handful of months — dramatically exceeding what sceptics expect. “People underestimate it because the median opinion in crypto is pretty bearish on XRP,” Hougan said. “But what drives flows? A group of people that buys the asset — ...

Core Viewpoint - A debate has arisen in the crypto community regarding the legitimacy of tokenized gold, with Binance founder Changpeng Zhao criticizing its true integration on the blockchain, while gold advocate Peter Schiff promotes a new blockchain-based tokenized gold platform [1][4]. Market Activity - Gold's recent rally in traditional markets has increased interest in its tokenized versions within the crypto space [2]. - The combined market capitalization of gold-backed digital assets surpassed $3 billion on October 7 and is currently over $3.75 billion [5]. - Trading volume for tokenized gold assets reached $640 million in 24 hours, driven by investor interest amid U.S. government shutdown and global economic uncertainty [7]. Tokenization Insights - Tokenized commodities, particularly gold, now represent over $3.5 billion of the total real-world asset (RWA) tokenization value, marking a 36% increase in the last month [8]. - Tether Gold (XAUT) and PAX Gold (PAXG) are leading the market, with market capitalizations of approximately $2.1 billion and $1.3 billion, respectively [8][6]. Platform Development - Peter Schiff's upcoming platform, Shift Gold, aims to allow users to buy gold through an app, store it in vaults, and transfer ownership digitally or redeem it for physical gold, promoting it as a stable digital asset [3].

Core Insights - Grayscale Investments has filed a Form 10 registration statement with the US SEC for its Bittensor Trust (TAO), aiming to reduce the private placement holding period from 12 to 6 months, which could enhance liquidity and attract institutional investments [2][3] Group 1: Regulatory Developments - The Form 10 filing is a significant step towards making TAO a publicly tradable, SEC-reporting investment product, aligning it with Grayscale's established trusts like Bitcoin and Ethereum [4] - If approved, Grayscale will be required to file 10-Ks, 10-Qs, and audited financial statements, increasing transparency for TAO investors [3] Group 2: Market Position and Potential - The move positions Bittensor closer to becoming an exchange-traded product (ETP), which would broaden its accessibility to both institutional and retail investors [5] - On-chain data indicates that TAO holds approximately 33% of the total mindshare in the Decentralized Physical Infrastructure Network (DePIN) sector, highlighting its growing influence [5] Group 3: Technical Analysis - TAO's price chart is forming a falling wedge pattern, which is often indicative of potential bullish reversals, suggesting a possible breakout for TAO price in the near future [6]

Core Insights - Stellar (XLM) is showing signs of a potential bull run similar to its performance in 2017, with various indicators suggesting a strong market position in Q4 2025 [1] Group 1: Network Activity - Stellar's network activity has reached a yearly high, with over 69 million weekly transactions, indicating robust real network usage [2][3] - The increase in network activity is likely to enhance Stellar's intrinsic value, attracting more users and investors [3] Group 2: Correlation with Major Cryptocurrencies - The correlation between XLM and major cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH) has reached an annual peak, with XLM-BTC correlation at approximately 0.75 and XLM-ETH correlation around 0.7 [5][6] - This strong correlation suggests that XLM is perceived to share similar risk and growth potential with leading assets, which is crucial during the current selective altcoin season [6] Group 3: Supply Distribution Trends - The Supply Equality Ratio (SER) has declined, indicating a bullish accumulation trend as wealth distribution becomes more concentrated among larger wallets [7]

Core Insights - Mantle (MNT) has experienced a significant price surge, reaching an all-time high of $2.84, with a monthly gain of 130% [1][2] - The rally is supported by strong bullish sentiment, evidenced by a 75% increase in daily trading volumes to $840 million and a 14.11% rise in futures open interest to $487 million [2][3] - Analysts maintain a positive outlook, with price targets suggesting further upside potential, including a target of $3.60 [4] Market Performance - MNT has outperformed other altcoins, including BNB, in terms of monthly returns [1] - The price surge is characterized by a textbook breakout from an ascending channel, maintaining support above the $1.90–$2.00 zone [3] - The trading volume accompanying the price increase indicates genuine upside momentum [3] Strategic Developments - Mantle's growth is driven by its expansion into real-world assets (RWA) and the introduction of Tokenization-as-a-Service (TaaS) [5] - The RWA market is currently valued at $26 billion, with projections of trillions by 2030, highlighting the demand for compliant asset tokenization [5] - The launch of the USD1 stablecoin, backed by World Liberty Financial, further supports Mantle's market position, with a market cap of $2.6 billion [5]

Core Insights - Bittensor's native token, TAO, has experienced a 6% price increase in the last 24 hours, breaking out of a two-week horizontal channel that had kept prices stable since September 23 [1][2] - The rally is attributed to improved liquidity in the crypto market, with increased capital inflows amid a weakening US dollar and uncertainty in traditional finance [1] - The bullish sentiment in the broader crypto market suggests that TAO may reach new local highs if the current momentum continues [1] Price and Trading Volume - TAO traded within a horizontal channel from September 23 to October 7, resulting in muted price performance until the recent breakout [2] - The daily trading volume for TAO has surged to $212 million, marking a 108% increase in the past 24 hours, indicating strong market demand [3][4] - The simultaneous rise in price and trading volume validates the breakout, suggesting genuine market demand rather than speculative trades [4] Market Sentiment - TAO's long/short ratio is currently at 1.01, indicating that market participants are predominantly holding long positions, reflecting bullish sentiment [5][6] - A long/short ratio above one suggests that traders expect upward momentum, contrasting with a ratio below one, which indicates bearish sentiment [6] Future Price Projections - If buying pressure continues, TAO could potentially retest early-September highs and reach $373.31 [7] - Conversely, if demand decreases, TAO may lose momentum and fall to $333.9, with a risk of dropping below $320 if support weakens [8]

Brad Garlinghouse, CEO of Ripple Labs (in image) Credit: Steve Jennings/Getty Images for TechCrunch. Key Takeaways A majority of RLUSD tokens are circulating on Ethereum-based DeFi protocols and platforms. Over 85% of RLUSD holders are on XRP Ledger. Ripple’s stablecoin thrives on XRPL amongst institutional partners. Ripple’s (XRP) stablecoin RLUSD is very unevenly distributed across the crypto markets, as almost $700 million of it finds a home within Ethereum’s DeFi protocols, whilst a majority o ...

Core Insights - The crypto market experienced a significant decline, with a $200 billion loss, leading to panic selling among retail traders, while institutional investors capitalized on discounted altcoins [1] - Ethereum (ETH) is witnessing substantial institutional buying, with notable inflows into Ethereum ETFs, indicating a potential altcoin season [3][4] Group 1: Market Dynamics - The Crypto Fear and Greed Index dropped to 28, indicating widespread fear among retail traders [1] - Whales and institutional investors are actively purchasing altcoins, with Ether.fi receiving $6.6 million in inflows and Ethena seeing $4.2 million in whale accumulation [1][2] - The total crypto market cap excluding Bitcoin and Ethereum is currently at $1.1 trillion, showing signs of stabilization and potential bullish momentum [5] Group 2: Institutional Activity - Two wallets linked to BitMine received 51,255 ETH (valued at $213 million) from FalconX, highlighting ongoing institutional interest in Ethereum [3] - Ethereum ETFs recorded $674 million in net inflows this week, suggesting a shift in investor sentiment towards altcoins [3] Group 3: Future Outlook - Analysts view October as a critical month for the crypto market, with the SEC facing approval deadlines for 16 altcoin ETFs, which could act as a catalyst for a new altcoin season [4] - The tightening of Bollinger Bands in the total market cap chart suggests a potential breakout, with the price testing the middle band around $1.1 trillion [5]

Key Points Solana had a strong summer. Plenty of capital flowed into it to make that happen. The main driver of the boom has plenty of room to play out further. 10 stocks we like better than Solana › As high as the price of an asset might look, it can always go higher. Especially in crypto, markets often make investors feel like they're too late to get exposure to a coin right when the next leg of growth is just getting started. That brings us to Solana (CRYPTO: SOL), which is up by 46% (as of S ...

Core Insights - The current crypto bull market is seeing a shift in dynamics, with Dogecoin positioned to outperform Shiba Inu due to several key developments [1] Group 1: Investor Access - The introduction of the REX-Osprey Doge ETF on September 18 has provided a new avenue for investors to access Dogecoin, leading to strong trading volume and increased demand [4] - The potential approval of additional Dogecoin ETFs could further expand the investor base and capital inflow [4] Group 2: Corporate Accumulation - Corporate treasuries and dedicated crypto treasury companies are accumulating Dogecoin, with CleanCore disclosing a holding of 600 million coins and a strategy to eventually acquire 5% of the total circulating supply [5] Group 3: Development Upgrades - Developers are actively discussing upgrades to Dogecoin, including the addition of zero-knowledge cryptographic proofs, which could enable new Layer-2 chains and decentralized applications [6] - These upgrades could introduce a value-generating mechanism for Dogecoin, enhancing its investment thesis, although implementation remains a challenge [6]