Category: crypto
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Canary Capital targets November 13 launch for XRP ETF after SEC filing change
Canary Capital Group’s XRP spot ETF is set to launch on November 13 after an updated SEC filing. The NYSE and Nasdaq have listed new spot crypto ETFs for Solana, Litecoin, and Hedera. Despite the recent government shutdown, issuers have leveraged new listing standards for the anticipated XRP ETF launch.
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NEAR Protocol halves inflation rate despite failing approval threshold
NEAR Protocol has decreased its annual token inflation rate from 5% to 2.4% through a network upgrade. This move has sparked debate over governance as an earlier community vote on the change did not reach the required approval threshold. Validators controlling 80% of staked tokens must adopt the new protocol within 30 days for activation.
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Bitcoin, Ethereum ETFs extend losing streak as market weakness deepens
Bitcoin and Ethereum ETFs are experiencing significant outflows, totaling over $670 million, as both assets drop below key price levels. In contrast, Solana, HBAR, and Litecoin ETFs are seeing steady inflows after new listings on major U.S. exchanges, showcasing growing investor interest in diversified crypto exposure amidst market pressure.
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BNB Chain reveals root cause of $13k X account hack
BNB Chain has identified the cause of the X account hack, resulting in a $13,000 loss. All 13 affected users have been compensated in USDT. The breach was due to a phishing link, prompting improved security measures. The team has not disclosed efforts to recover funds from the hacker.
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Solana inflows hit 6-month low as price fails to break $200
Solana’s spot inflows have dropped to a six-month low of $180 million after the launch of two SOL ETFs on the U.S market. The price of Solana has fallen to around $186, with technical indicators signaling a bearish trend. Exchange data shows increased outflows, indicating waning demand and liquidity.
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Bitwise CIO Matt Hougan compares Solana’s growth to Bitcoin
Bitwise’s CIO Matt Hougan is optimistic about Solana’s growth potential, comparing it to Bitcoin’s early trajectory. He believes that Solana has room to capture more market share in the stablecoin and tokenization sector. Hougan also noted growing institutional interest in Solana, predicting explosive growth similar to Bitcoin.
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Binance announces support for AI16Z token swap to ELIZAOS
Binance supports the rebranding of AI16Z to ELIZAOS, with a token swap starting on November 6, 2025. The swap will convert tokens at a 1:6 ratio, increasing ELIZAOS total supply to 11 billion tokens. This move aims to enhance interoperability for AI-powered applications across various blockchain networks.
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Why is Bitcoin price on track for first red October in seven years?
Bitcoin is on track to have its first negative October in seven years, with a 5.51% decrease in price. Experts attribute this decline to macro uncertainty and significant outflows from Bitcoin and Ethereum ETFs. This October break in the streak of gains may indicate a sign of structural maturity for Bitcoin.
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Valor token becomes 2nd-largest holding in Official Trump meme coin wallet
VALOR, a token on the American Launchpad, is now the second-largest holding in the Official Trump meme coin team wallet, valued at about $240,000. Smart Valor issued VALOR, running on Solana with 1 billion tokens, offering staking and fee reductions. The post sparked debate about Trump’s involvement in the token.
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$35M ASTER transfer allegation against Changpeng Zhao debunked by onchain analysis
Changpeng Zhao denied involvement in a $35 million ASTER token transfer based on manipulated screenshots. Blockchain analysis confirmed the images were fake, with transactions mimicking recent sales. This instance involved fabricated images, unlike previous accusations linked to TST memecoin. Zhao criticized those spreading false information and emphasized the transparency of the blockchain.