Ether Tanks Below $3,800 — Analysts Warn of Deeper Correction

Key Notes ETH broke below $3,800, dropping 7% in 24 hours. Analysts eye $3,600 as the next key support zone. Spot ETH ETFs have seen $80 million in net outflows this week so far. Ethereum BTC $104 761 24h volatility: 5.7% Market cap: $2.09 T Vol. 24h: $90.35 B is struggling to find a footing after breaking below the $3,800 support level, currently trading near $3,719 after a sharp 7% daily decline. The move comes amid rising exchange inflows and heavy selling pressure, with analysts expecting further downside before a…

VanEck Files First Lido-Staked Ethereum ETF

Key Notes VanEck has applied with the US SEC to list a Lido Staked Ethereum ETF. It already filed a statutory trust registration for the Lido Staked Ethereum ETF in Delaware last week. stETH price has dropped by over 5% since the announcement. Rather than waiting for the United States Securities and Exchange Commission (SEC) to decide on its other applications, VanEck has filed for a Lido Staked Ethereum ETF. Notably, the asset management firm is the first to pursue this type of Lido Staked Ethereum offering. VanEck to List…

Ripple Wants $1B to Buy XRP Amid Market Wipeout

Key Notes XRP drops 20% in a week as Ripple plans a $1B SPAC fundraising. Ripple aims to establish a crypto treasury with newly purchased and existing XRP. XRP faces key support at $2.20, with potential rebound targets at $2.70 and $3. Ripple Labs is reportedly gearing up to raise $1 billion through a special purpose acquisition company (SPAC) to purchase its own XRP XRP $2.21 24h volatility: 7.6% Market cap: $132.72 B Vol. 24h: $8.04 B token, despite the altcoin crashing more than 5.5% in the past 24 hours.…

Gold Surpasses Bitcoin as $30T Asset — Is “Uptober” Rally Dead?

Key Notes Gold cements its lead as the world’s top reserve asset amid rising global economic uncertainty. Bitcoin slips below $108,000, falling 13% from its recent high, as renewed U.S. China trade tensions.Despite the pullback, analysts note that Bitcoin’s strongest October rallies typically occur in the second half of the month. Yellow metal gold has outperformed Bitcoin BTC $105 086 24h volatility: 5.2% Market cap: $2.10 T Vol. 24h: $92.38 B as a reserve asset class, hitting fresh highs above $4,350 levels, and becoming the first global asset to cross…

XRP Price Slips Again, Bears Tighten Grip As Momentum Turns Negative

Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance with his keen insights and astute chart analysis. From a young age, Aayush exhibited a natural aptitude for deciphering complex systems and unraveling patterns. Fueled by an insatiable curiosity for understanding market dynamics, he embarked…

How An Over 50% Bounce Could Materialize

XRP is still looking to confirm a strong bounce in price action after a crash that saw it register a huge bearish wick over the weekend, and many analysts are anticipating its next major move. According to technical analysis by crypto analyst HovWaves, XRP’s recent crash and bounce could be the early stage of a broader rally that positions its price for a run to as high as $8. XRP Finds Support And Rebounds Over 50% Technical analysis of XRP’s price action on the weekly timeframe, which was posted on the…

Robinhood US Lists CZ-backed ASTER and Tether’s Plasma (XPL) for Trading

Key Notes CZ-backed dex ASTER reached $3.9B market cap within 30 days, gaining Robinhood listing alongside Coinbase’s BNB roadmap addition. Tether’s Plasma attracts $6B in TVL by tokenizing US Treasuries backing the stablecoin giant’s $180B supply for institutional settlement. Robinhood stock falls 12% over five days, mirroring crypto market weakness following last week’s record $19B liquidation event. Leading digital assets trading platform, Robinhood US, has officially listed Binance’s ASTER, Tether’s Plasma (XPL), and Virtuals Protocol (Virtuals) for trading on October 16. The move expands Robinhood’s trading offerings to newly emerged…

Tron Emerges Sole Crypto Gainer as Yield.Xyz Launches TRX Staking on Ledger

Key Notes Ledger Live now supports TRX staking with dual reward streams, offering both block and vote rewards to millions of hardware wallet users. TRON processes over $21.5 billion in daily USDT transfers, holding 28% of stablecoin network dominance as of June 2025. Increased on-chain stablecoin activity insulated TRX from downswings affecting Bitcoin and major Layer-1 altcoins during the session. Tron TRX $0.32 24h volatility: 0.2% Market cap: $29.95 B Vol. 24h: $972.67 M price saw a rare 1.8% bounce on Thursday, October 16, emerging the only top 10 ranked…

Typus Finance’s Unaudited Contract Loses $3M, 3rd Major Sui Exploit in 2025

Key Notes An unaudited TLP contract and missing authority checks in the oracle system enabled attackers to drain millions in multiple tokens. The exploit affected only the TLP contract while SAFU and DeFi Options Vaults remained secure with recovery efforts underway. Sui’s DeFi ecosystem faces mounting scrutiny after three significant breaches totaling over $225 million in stolen assets this year. Typus Finance—a perpetuals and options decentralized exchange on the Sui Network—suffered a major exploit on October 15, losing over $3 million in tokens. This is the third major exploit on…

Ripple Acquires Treasury Management Solutions Firm GTreasury for $1B

Key Notes The acquisition grants Ripple access to Fortune 500 corporate clients and enterprise-grade treasury management infrastructure. Combined operations will focus on unlocking idle capital and enabling 24/7 cross-border payments for corporate treasuries. XRP price remains stable around $2.35 despite Ripple’s $2.45 billion total acquisition spending throughout 2025. Ripple has acquired GTreasury, a fintech firm specializing in treasury and risk management software solutions, in a $1 billion deal announced on Oct. 16. According to a press release, the acquisition gives Ripple and its customers access to “multi-trillion dollar corporate treasury…