Author: John Smith

The crypto market is eying a relief rally in the coming days after the mild US consumer inflation report. It may also benefit from the upcoming Federal Reserve decision and talks between Donald Trump and Xi Jinping.  Summary A crypto market rally happened after the latest US inflation data. The report came a few days before the Fed delivers its interest rate decision. Donald Trump will meet with Xi Jinping next Thursday. Crypto market may rally as inflation data raises odds of Fed cuts The cryptocurrency market rose today, Oct. 24, with Bitcoin (BTC) jumping to $111,300 and the total…

Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. When Bitcoin (BTC) was born, it carried with it a simple but revolutionary premise: trust the math, not the middleman. Cryptography promised a world where value could move freely — permissionless, borderless, and without the layers of gatekeeping that defined legacy finance. It wasn’t just a new technology; it was a rejection of centuries of financial hierarchy. Summary Crypto’s original mission — to build systems free from gatekeepers — is being replaced by insider-controlled exchanges, multisigs, and…

Ark Invest CEO Cathie Wood has snapped up $21.3 million in Robinhood shares, sending the stock up 6%. Summary Ark purchased 131,049 shares of Robinhood through ARKK and 36,440 shares through ARKW, making the stock nearly 19% of both ETFs’ holdings. The move follows Ark’s recent crypto-focused initiatives, including filings for Bitcoin ETFs and continued exposure to Coinbase, Bullish, and BitMine, with Coinbase remaining the largest crypto-related holding. Ark Invest boosts Robinhood stake as platform expands crypto footprint Robinhood shares jumped 5.6% in Wednesday’s trading, and are up further in pre-market following Ark Invest’s recent purchase of the company’s stock…

Summary XRP price is trading around $2.45, consolidating between $2.30 and $2.55 as traders await the U.S. CPI report. Resistance remains at $2.60, with support near $2.25–$2.30; sentiment is cautiously neutral ahead of inflation data. A softer-than-expected CPI reading could boost XRP, potentially pushing it above $2.60 toward $2.75–$2.85. Higher-than-expected inflation could put XRP under pressure, testing support at $2.30 and possibly dropping toward $2.10–$2.20. The near-term XRP price prediction is balanced, with the upcoming CPI report likely determining the next move and shaping the token’s short-term outlook. At around $2.45, XRP is holding steady while traders wait for fresh…

Ethereum price is still above its fair-value zone, holding a strong long-term structure while cooling off from previous highs.  Summary Ethereum holds above $3,900 despite slowing volume. On-chain data signals healthy consolidation phase. Exchange inflows suggest mild short-term selling pressure. At press time Ethereum was trading at $3,976, up 2.3% in the last 24 hours. In the past week, the asset has fluctuated between $3,709 and $4,080, up 4% but remaining roughly 5% down in the last month. ETH is currently 19% below its all-time high of $4,956, recorded on Aug. 24. At $33.68 billion, Ethereum’s (ETH) 24-hour trading volume is…

HYPE price looks poised for a bullish breakout from a falling wedge pattern as multiple catalysts, including a listing on Robinhood, spurred renewed investor interest in the token. Summary HYPE price has rallied 19% over the past 7 days. Robinhood has listed HYPE, and Hyperliquid Strategies Inc. announced plans to raise funds to accumulate the token. HYPE is close to breaking out of a falling wedge pattern on the 4-hour chart.  According to data from crypto.news, Hyperliquid (HYPE) was trading at $40 last check, Oct. 24, morning Asian time, up 8.1% over the past 24 hours and nearly 19% from…

U.S. regulators are increasing oversight on digital asset custodians to curb systemic risks, with Fortress Trust being the latest victim. Summary Nevada ordered Fortress Trust to cease operations over solvency risks. The case mirrors the 2023 Prime Trust collapse involving the same founder. Regulators tighten crypto custody rules, raising pressure on small firms. Nevada regulators have ordered crypto custodian Fortress Trust to stop operating after uncovering signs of insolvency and unsafe business practices.  The action was disclosed in an Oct. 24 report by Bloomberg Law, citing a cease-and-desist order issued by the state’s Financial Institutions Division. Regulator flags asset-liability mismatch…

ENDRA has closed a private placement to fund its foray into digital assets, immediately deploying capital into a HYPE token position that forms the cornerstone of its active treasury management. Summary ENDRA Life Sciences launched a digital-asset treasury, acquiring $3M in HYPE tokens. The move followed a $4.9m private placement led by institutional and crypto investors. HYPE token traded near $39.30 at the time of writing, up nearly 10% amid rising institutional interest. According to a press release dated October 23, the Ann Arbor-based medical technology firm finalized a PIPE financing round raising $4.9 million, with institutional and crypto investors…

Zepz, a digital remittances provider behind WorldRemit and Sendwave, has unveiled a new crypto wallet on Solana. Summary WorldRemit and Sendwave operator Zepz launches new digital wallet on Solana. The Sendwave Wallet allows users across the globe access a peer-to-peer money solution with USDC. Zepz plans to expand the solution with support for payment cards and QR codes. Sendwave Wallet will offer access to cross-border payments via stablecoins and target -users across over 100 countries, Zepz said in a press release. According to details, Sendwave will allow users to send, store and spend USDC (USDC) on the Solana (SOL) network.…

In a speech during a Turning Point USA event commemorating Charlie Kirk, political commentator Tucker Carlson claimed he believes the Central Intelligence Agency created Bitcoin. Thus, he reinforced an unpopular theory that has long been circulating in the crypto space. On top of that, Carlson claimed digital currencies are “totalitarian control.” Understandably, the crypto space booed these remarks. Summary During his speech, Tucker Carlson expressed his concerns, claiming that digital assets lack privacy. He thinks the younger generation likes Bitcoin just because they were excluded from other financial opportunities. Carlson said he doesn’t understand Bitcoin and thinks that the lack…