Key Notes Crypto.com is now the first VASP in the UAE to secure In-Principle Approval for an SVF license. The license will allow residents to pay Dubai Government fees in crypto converted instantly into UAE dirhams. The exchange reaffirms its commitment to strong compliance standards. Foris DAX Middle East FZ-LLC (trading as Crypto.com) has received In-Principle Approval (IPA) from the Central Bank of the United Arab Emirates (CBUAE) for a Stored Value Facilities (SVF) license. This makes it the first Virtual Asset Service Provider (VASP) in the UAE to achieve…
Category: Reviews
Solana, XRP Shine as Crypto Inflows Hit $3.17B
Key Notes According to CoinShares data, digital asset investment inflows totaled $3.17 billion in the past week. Solana and XRP saw their inflows slow down to $93.3 million and $61.6 million, respectively. The broader cryptocurrency market expects a US SEC decision on SOL and XRP ETFs in the upcoming days. With digital asset investments inflows hitting $3.17 billion, Solana SOL $193.1 24h volatility: 6.6% Market cap: $105.39 B Vol. 24h: $12.31 B and Ripple-associated token XRP XRP $2.57 24h volatility: 7.5% Market cap: $154.04 B Vol. 24h: $10.47 B have…
Bitcoin ETFs Draw $2.71B Inflows — What’s Next for BTC?
Key Notes BlackRock’s IBIT led spot Bitcoin ETF inflows, pulling in $2.63 billion last week. October has already seen over $5 billion in net Bitcoin ETF inflows. After a brief crash, BTC has rebounded to trade above $115,000 with surging trading volume. Last week, from Oct. 6 to Oct. 10, spot Bitcoin ETFs recorded $2.71 billion in net inflows, reflecting strong institutional confidence in cryptocurrency’s long-term potential. BlackRock’s iShares Bitcoin Trust (IBIT) took the lead, contributing $2.63 billion alone. According to data from SoSoValue, IBIT’s net assets now stand at…
Synthetix (SNX) Rallies 93% as USD Inflows Hit 4-Month Highs
Key Notes Synthetix reached $1.90 for the first time since January. The exchange’s $1 million trading competition will start on Oct. 20. Analysts expect more substantial returns for SNX. Synthetix SNX $2.37 24h volatility: 142.3% Market cap: $797.13 M Vol. 24h: $1.12 B recorded strong momentum and inflows over the past day as the broader crypto market recovered from a bloodbath. SNX rallied 93% in the past 24 hours and is trading at a nine-month high of $1.87 at the time of writing. The asset even touched a local high…
Hyperliquid Plots Major Upgrade to Boost Perp Market Deployment
Key Notes Hyperliquid plans to enable HIP-3 in its network upgrade on October 13. This will enable the permissionless creation of perpetual futures markets. HYPE price has spiked by 12.33% following the announcement. Decentralized crypto derivatives exchange Hyperliquid is prepared to boost perp market deployment. It plans to do this with the rollout of Hyperliquid Improvement Proposal 3 (HIP-3). The development was announced by a Hyperliquid administrator in the protocol’s Discord channel, noting that the network upgrade will take place on Oct. 13, 2025. Deploying HIP-3 on Hyperliquid According to…
BNB Jumps 15% as CZ Defends Ecosystem Amid Rally
Key Notes BNB price has recouped all of the losses following the 100% Trump tariff imposition on China last week. Binance founder Changpeng Zhao dismissed claims of price manipulation, stating that BNB has no external market makers. Binance announced a $283 million compensation package for users impacted by recent market volatility. Binance Coin BNB $1 349 24h volatility: 15.4% Market cap: $188.94 B Vol. 24h: $10.99 B , the native cryptocurrency of the BNB Chain, has seen the sharpest rebound in today’s crypto market recovery. BNB price has increased by…
Kiyosaki Endorses Trump’s 401(k) Plan, Buys More BTC & ETH
Key Notes Robert Kiyosaki praises Trump’s move to allow crypto and alternative assets in 401(k) plans. He says the decision will make Americans more financially secure long-term. Kiyosaki plans to increase his holdings in Bitcoin, Ethereum, gold, silver, oil, and real estate. . Best-selling author and financial educator Robert Kiyosaki has displayed strong support for Donald Trump’s decision to include crypto and other alternative assets in 401(k) retirement plans. He said the move would help people become more financially secure in the long run. In a recent post on X,…
Live: Is Crypto Market Ready to Recover after Its Recent Crash?
Following the massive crash on Oct. 10, the crypto market has bounced back sharply. Bitcoin BTC $115 564 24h volatility: 3.5% Market cap: $2.30 T Vol. 24h: $92.89 B has reclaimed $115,000, while altcoins, led by Ethereum ETH $4 197 24h volatility: 9.7% Market cap: $506.28 B Vol. 24h: $56.86 B , have also experienced significant recoveries. next Disclaimer: Coinspeaker is committed to providing unbiased and transparent reporting. This article aims to deliver accurate and timely information but should not be taken as financial or investment advice. Since market conditions…
XRP Price Climbs Past $2.50 – Bulls Eye Next Barrier After Solid Recovery
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…
Bitmine (BNMR) Spends $480M Buying the Dip as Ethereum Price Eyes $4,500 Rebound
Key Notes Ethereum rebounded 8% to $4,150 after Friday’s liquidation-driven crash, as Bitmine-linked wallets accumulated $480M in ETH. On-chain data shows 128,718 ETH withdrawn from FalconX and Kraken by wallets linked to Bitmine (BMNR). Institutional accumulation during volatility signals renewed confidence, potentially accelerating Ethereum’s recovery toward $4,200. Ethereum price rebounded 8%, trading as high as $4,150 on Sunday, October 12, after plunging to $3,652 within the previous 24 hours. The broader crypto market cap also rose 4%, as traders found strategic re-entry points following record-breaking liquidations on Friday. Wallets linked…