crtypto & forex news

The discussions surrounding Ripple’s strategic expansion have reached a fever pitch, with analysts suggesting that the crypto payments company may be positioning itself to tap into a new $12 trillion United States (US) repo market. Recent reports and acquisitions hint that Ripple’s growing ambition to bridge digital assets with Wall Street’s largest liquidity systems could significantly influence XRP’s utility beyond cross-border payments .   Ripple Eyes Entry Into $12 Trillion Repo Market A recent X post by a crypto analyst known as ‘X Finance Bull’ has ignited discussions in the crypto community, claiming that Ripple’s latest acquisitions signal a direct entry into the US repo market . Contrary to the previously cited $6 trillion valuation, the expert disclosed that the repo market’s actual value may be nearly twice as high, approaching $12 trillion and making it one of the largest liquidity pools in the world.  The repo market, which X Finance Bull calls the “real...

Tether, issuer of the USDT stablecoin, expects to report a net profit of $15 billion at the end of 2025. This projection comes amid a favorable crypto regulatory environment in the United States, driving interest in stablecoins and other digital assets. Tether In Funding Talks With Prospective TradFi Investors In a recent post on Friday, Bloomberg shared key developments on Tether Holdings Ltd, operator of the largest stablecoin in the market. Notably, the company’s CEO and popular crypto figure Paolo Ardoino outlined positive profit predictions of $15 billion by 2025’s end, while speaking in an interview at the recent Plan B Forum in Lugano, Switzerland.  Bloomberg’s report indicates this projection can be linked to a rapid stablecoin adoption combined with surging investors’ interest in an equity stake in the market’s biggest player. In July, US President Donald Trump signed the GENIUS Act into law, thereby creating a comprehensive regulatory framework for stablecoin o...

The Bitcoin price had another rollercoaster performance in the past week, surging to over $113,000 by mid-week before crashing back down to around $107,000. While the premier cryptocurrency’s price action has steadied in the past few days, market uncertainty still seems to be the order of the day. However, the Bitcoin price seems to be leaning more toward a bearish setup, as suggested by the negative shift of a relevant technical indicator on a longer timeframe. Below is what happened to the price of BTC the last four times this indicator flipped bearish. BTC Price At Risk Of 70% Correction: Analyst In an October 24 post on the social media platform X, crypto analyst Ali Martinez put forward a bearish outlook for the price of Bitcoin. The online pundit revealed that the market leader might have returned to a familiar position that has often led to significant losses (approximately 70%) in the past. This bearish prediction is based on the changes in the Moving Average Convergence/...

According to the firm’s Chief Marketing Officer Matthew Moddaber, Polymarket will launch a cryptocurrency, but floating an app for its United States users is the current priority. This revelation comes after the crypto prediction platform’s founder, Shayne Coplan, teased the potential launch of a “POLY” token. Token Release To Come After US App Launch In a recent interview, Moddaber disclosed that Polymarket will eventually launch a crypto token, which will be accompanied by an airdrop. The company’s executive claimed that they intend to provide value through the potential launch of a cryptocurrency. Moddaber said in the interview: We could have launched a token whenever we wanted, and it’s just how thorough we want to be about it. We want it to be a token with true utility, longevity, and to be around forever, right? That’s what we expect from ourselves, and that’s what I think everyone in the space expects from us. However, the Polymarket Chief Marketing Officer highlighted t...

Dogecoin treasury company Bit Origin has highlighted how Michael Saylor’s Strategy has set the tone for their plans to accumulate DOGE. This came as the company is the first DOGE treasury company to be listed on the Nasdaq.  Dogecoin Treasury Looks To Replicate Strategy’s Playbook In an X post , the Dogecoin treasury company revealed its plans to replicate Strategy’s playbook for its DOGE accumulation. Bit Origin stated that it will conduct a DOGE-denominated private placement, enabling it to accumulate more DOGE and achieve a higher DOGE per share. Michael Saylor’s company has set this playbook with its Bitcoin treasury, as the company is known to raise capital through this means to buy more BTC.  Meanwhile, Bit Origin mentioned how it has become the first Nasdaq Dogecoin treasury. CoinGecko data shows that the company currently holds 70.5 million DOGE ($16 million). The company was notably the first DOGE treasury company to emerge when it announced $500 million privat...

While the price of Ethereum is holding above $3,800 and is experiencing a renewed bullish action, there is also a noticeable newfound optimism among investors and traders. With ETH gradually regaining upside traction, a significant portion of ETH has been leaving crypto exchanges at a rapid rate. Investors Are Pulling Ethereum In Droves Ethereum’s recent price performance is witnessing a notable reaction from both investors and traders alike. An optimistic trend is currently being observed among these investors, showcasing renewed confidence in ETH’s price trajectory. From the report shared by Merlijn The Trader, a crypto expert, it shows that Ethereum’s on-chain dynamics are tightening as exchange withdrawals surge to new highs. This withdrawal from crypto exchanges signals increasing investor conviction and a shift toward a long-term holding strategy. What this implies is that more ETH are now being moved into self-custody or cold wallets and staking contracts. While investor...

According to a post by Stellar Rippler, Ripple could be using the XRP Ledger (XRPL) to expand its influence and prepare for a large wave of financial activity from the Asian payment market. Rippler’s post suggests that the fintech company is putting the right tools and structure in place before this liquidity shift happens. It also points to technology that is helping protect and secure the growing activity on the XRP Ledger .  Stellar Rippler Highlights Growing Footprint Across Asia In a recent post on X, Stellar Rippler said that “Ripple is about to take over the Asian markets.” The post explained that major institutions such as the Bank of Japan, SBI Holdings, and Gumi Inc. are only “the tip of the iceberg,” suggesting that Ripple’s reach is already spreading beyond these early partners , with more players across Asia joining in.  Stellar Rippler noted that Ripple understands what needs to happen before the full liquidity wave hits the market. The post said, “Before the...