Ripple Prime Introduces 24/7 Real-World Asset Perpetual Swaps
Key Takeaways Ripple Prime now supports perpetual swaps referencing more than 100 traditional financial markets. Virtu is among the institutional clients trading RWA swaps through Ripple Prime’s brokerage platform. Ripple allows eligible clients to use RLUSD as collateral and cross-margin…
US Wholesale Inflation Hits 6.3%, Putting the Fed on the Spot
Key Takeaways U.S. producer prices rose 6.3% annually in September, the highest rate since December 2022. The BLS reported a 20.3% monthly increase in producer gasoline prices as energy costs accelerated. Polymarket traders assigned 72% odds to the Fed holding…
US Becomes Bitcoin Net Importer Again, Says Chainalysis
Key Takeaways The U.S. became a net bitcoin importer for the first time since 2022, driven by transfers exceeding $10 million. Americans favor bitcoin as a store of value, while the rest of the world uses dollar-pegged stablecoins to access…
Bitcoin Price Teeters Near $80K as Global Stock Rout Rattles Markets
Key Takeaways Bitcoin’s price is struggling to find its footing near $81,200 after a sharp retreat, with the $80,000 level emerging as the next major test for buyers. Asian stocks took a beating, led by steep losses in South Korea…
RCBC, PalawanPay Hit 1 Million PalaSave Digital Accounts Ahead of Target
Weekly Crypto Roundup Get the weekly briefing for Philippine crypto insiders, from the country’s longest-standing crypto and blockchain news publication. Rizal Commercial Banking Corporation (RCBC) and PalawanPay have reached more than 1 million PalaSave savings accounts, reaching their first-year target…
CZ Takes Aim at Bank of America Over $1.21 Billion AML Penalty
Key Takeaways CZ roasted the absence of criminal charges following Bank of America’s $1.21 billion penalty. The Treasury found Bank of America failed to timely report more than $5 billion in suspicious transactions. Bank of America must review missed transactions…
An $86,000 Exploit Rocks a Crypto Pool Built to Lock Tokens
Key Takeaways Security firm Blockaid identified an $86,000 exploit against UNCX’s shared Ethereum vesting pool on Oct. 14. Exvul security researchers traced the UNCX vulnerability to faulty share accounting that exposed deposits from 5 tokens. UNCX restricted new vesting positions…
Analyst Sees Bitcoin Beyond $175K as Market Structure Shifts
Key Takeaways Analyst projects bitcoin beyond $175,000 over the next few quarters. Miners’ AI expansion may ease selling pressure, the analyst argues. The GENIUS Act is expected to take effect Jan. 18, 2027. $175K Bitcoin Outlook Linked to Institutional Ownership…
Pacquiao-Backed Manny Pay to Cease Operations
Weekly Crypto Roundup Get the weekly briefing for Philippine crypto insiders, from the country’s longest-standing crypto and blockchain news publication. Manny Pay, the digital wallet backed by former Sen. Manny Pacquiao, will shut down all operations on Nov. 10, transferring…
Evernorth Rings Nasdaq Closing Bell, Showcasing XRP Treasury
Key Takeaways Asheesh Birla led the Oct. 14 ceremony at Nasdaq MarketSite. Evernorth raised about $300 million in gross cash proceeds at closing. Deployment with Ripple, Kraken, Coinbase, and Bitgo is planned for Q4. Nasdaq Ceremony Highlights Publicly Traded XRP…
