BCH Clears $550 on Heavy Volume; $547 Flips to Support as Range Narrows

According to CoinDesk Research technical analysis data model, BCH$549.23 pushed through $550 on a heavy-volume burst, then cooled into a tight band as traders gauged whether the new support would stick. Technical analysis highlights Path and result: BCH climbed from $540.24 to $554.52 for a 2.6% session gain, establishing higher lows and confirming an uptrend…

Basel Reportedly Aims for Friendlier Crypto Bank Guidelines

Global banks may soon take a more favorable view of cryptocurrencies as the Basel Committee on Banking Supervision (BCBS) prepares to revise its landmark guidance on crypto exposure, according to a Bloomberg report published Friday. According to Bloomberg, citing sources familiar with the matter, the Basel Committee’s 2022 guidance on banks’ treatment of crypto will…

Ripple Swell 2025 Event is Coming, But Risks of XRP Drop to $2 Remain

Key takeaways: XRP price dropped 7.5% this week despite the upcoming Ripple Swell event, which has historically sparked pre-conference rallies. XRP’s rounded top chart pattern projects a drop to $2.09 if support levels fail to hold. Ripple’s annual Swell conference, scheduled for Nov. 4-5 in New York, promises a lineup that marks one of the…

Ripple Swell 2025 Event is Coming, But Risks of XRP Drop to $2 Remain

Key takeaways: XRP price dropped 7.5% this week despite the upcoming Ripple Swell event, which has historically sparked pre-conference rallies. XRP’s rounded top chart pattern projects a drop to $2.09 if support levels fail to hold. Ripple’s annual Swell conference, scheduled for Nov. 4-5 in New York, promises a lineup that marks one of the…

Bitcoin White Paper Turns 17 As BTC Faces First Red October In 7 years

Bitcoin’s foundational document turned 17, marking the journey of the world’s first decentralized digital currency from a niche financial experiment to a $2 trillion global asset held by governments and institutions. Bitcoin creator Satoshi Nakamoto first shared the Bitcoin white paper 17 years ago today, on Oct. 31, 2008, in response to the global financial…

Zcash Flips Monero, Soars To 8-Year High Despite Market Downturn

Some of the leading privacy coins are defying the gravity of the digital asset market, signaling growing investor demand for privacy-focused cryptocurrencies. Zcash (ZEC) surged to an over eight-year high of $388 on Friday after rising 7.6% in the last 24 hours, according to data aggregator CoinMarketCap. With a $6.2 billion market capitalization at the…

Altcoin ETFs Will Catalyze Institutional Adoption After Bitcoin, Ether ETFs

Institutional investors may turn their attention to altcoins as the next wave of cryptocurrency exchange-traded funds (ETFs) arrives in the United States, according to market analysts. The US Securities and Exchange Commission (SEC) received at least five new altcoin ETF filings during the first half of October, despite the ongoing US government shutdown stalling progress….

Australian Police Crack Coded Crypto Wallet Holding $5.9M

Australian police cracked a coded cryptocurrency wallet backup containing 9 million Australian dollars ($5.9 million). Australian Federal Police (AFP) Commissioner Krissy Barrett described the effort as “miraculous work” during a Wednesday speech, crediting a data scientist who has become known within the agency as a “crypto safe cracker.” During an investigation into a purported “well-connected…

Is Bitcoin Price Going to Recover in November?

Key takeaways: Bitcoin is set to end October in the red, breaking a six-year “Uptober” streak. Traders are divided, with some fearing a significant correction ahead, while others still anticipate new highs in Q4. Bitcoin (BTC) is set to end October in the red for the first time in seven years, with traders divided over…

Altcoin ETFs Will Catalyze Institutional Adoption After Bitcoin, Ether ETFs

Institutional investors may turn their attention to altcoins as the next wave of cryptocurrency exchange-traded funds (ETFs) arrives in the United States, according to market analysts. The US Securities and Exchange Commission (SEC) received at least five new altcoin ETF filings during the first half of October, despite the ongoing US government shutdown stalling progress….