Category: crypto

Ripple has completed the acquisition of prime brokerage firm Hidden Road and renamed it Ripple Prime. This acquisition is part of Ripple’s strategy to further XRP and Ripple USD adoption. Ripple plans to integrate digital assets and traditional finance assets into the platform, and Hidden Road’s founder will work alongside Ripple’s team. Ripple has made…

US stocks surged after the release of the September consumer price index inflation report, with the Dow Jones Industrial Average rising over 350 points and both the S&P 500 and Nasdaq reaching new all-time highs. The positive reaction from investors was triggered by the lower-than-expected inflation data, leading to optimism in the market.

Solana price is holding steady above $190 amid increased interest from institutions and regulators. Fidelity added SOL to its trading suite, while Hong Kong approved the first Solana ETF. Solmate Infrastructure shares surged 50% after announcing an M&A plan. Despite institutional support, technicals for SOL remain weak.

SpaceX, owned by Elon Musk, transferred $134 million worth of Bitcoin to new wallets on October 24. This follows a previous transfer of $268 million earlier in the week after three months of inactivity. Analysts speculate on potential wallet reorganization, with SpaceX currently holding about 6,970 Bitcoin worth $770 million.

Zelle is using stablecoin technology to expand internationally, aiming to offer faster and cheaper cross-border transactions. Backed by owner banks, the move leverages regulatory clarity and a $1 trillion transaction base. Competitors like PayPal and Wise are also adopting stablecoin strategies amid global adoption.

The EU has imposed sanctions on the Russia-linked A7A5 stablecoin and its developers, banning transactions involving the stablecoin across the EU. The move is part of broader sanctions targeting Russia’s use of digital assets to evade financial restrictions. This could impact Russia’s crypto ambitions, including plans to legalize cryptocurrency in foreign trade.

The article discusses the October 20, 2025 AWS outage, highlighting the need for truly distributed infrastructure in web3. It emphasizes the risks of centralized systems, the benefits of owning hardware, and the importance of designing for failure in maintaining service continuity. NOWNodes is presented as an example of resilient infrastructure.

David Malpass, former World Bank president, believes stablecoins could transform global trade and urges the U.S. to lead in innovation. He warns that Europe and China are advancing in the stablecoin race and supports Fed Governor Chris Waller’s proposal for limited master accounts. Clear regulations are crucial for trust and growth.

Revolut has secured a critical MiCA license from Cypriot regulators, allowing it to expand its crypto services across all EU member states. With 14 million active crypto users, this move highlights the company’s deepening focus on digital assets. The license ensures uninterrupted access to one of its most active markets.

Ethereum’s price is up nearly 2% to $3,870 as traders anticipate the U.S. inflation report. Optimism is driven by macroeconomic factors and on-chain activity. A broader market uptick is also boosting Ethereum, with a potential breakout towards $4,090. The market is reacting to a softer inflation outlook and improving risk appetite.