Crypto market sentiment is turning increasingly optimistic as major asset managers move deeper into XRP-focused products. Following Canary Capitals historic ETF debut last week, Franklin Templeton is preparing to launch its own XRP exchange-traded fund, a development analysts say could significantly boost demand for the token. Scheduled to begin trading on November 18 under the ticker EZRP on the CBOE, Franklins ETF is already generating buzz as experts predict it may outperform Canary Capitals XRPC in its early stages. Canarys product set a 2025 record with $58 million in first-day volume,...

American computer scientist and legal scholar Nick Szabo is challenging a long-held belief in the crypto community: that Bitcoin is completely trustless. In a recent social media post, Szabo explained that calling Bitcoin trustless is misleading, arguing instead that the network is trust-minimized. While Bitcoin removes the need for a central authority to maintain the ledger, users still depend on several assumptions for the system to function as intended. According to Szabo, Bitcoin users must trust that core developers maintain the protocol responsibly and avoid introducing harmful changes....

Bitcoin slid deeper into correction territory on Thursday, breaking below the critical $100,000 mark and touching $96,600 during early Asian trading. The decline marks Bitcoins lowest level since May and comes amid a renewed wave of risk-off sentiment across global markets. A sharp pullback in major U.S. tech stocks and waning conviction from institutional investors added pressure to the broader crypto market. Most major cryptocurrencies followed Bitcoins downward trajectory. Ether slipped to around $3,182, extending its weekly loss to 12%. XRP traded near $2.25 after an 8.8% weekly decline,...

BitMine Chairman Tom Lee believes the latest crypto crash is not a sign of fading adoption or long-term weakness but rather the result of a serious liquidity imbalance involving one or more major market makers. According to Lee, a hole in their balance sheets may be triggering forced liquidations and aggressive sell-offs, creating an environment where fear spreads quickly and opportunistic traders push prices even lower to amplify market stress. In a recent interview, Lee warned that Bitcoin could face a temporary drop of up to 50%, reflecting the fragility of current market structure rather...

Japan is preparing a major economic stimulus package expected to exceed 17 trillion, according to Finance Minister Satsuki Katayama. The confirmation followed her meeting with Prime Minister Sanae Takaichi, who has been pushing for a stronger response to rising living costs and economic pressures. The figure surpasses earlier expectations that spending would be capped at around $110 billion, signaling a more aggressive approach to stabilizing Japans economy. Katayama noted that the package will feature direct fiscal measures, including cash support, targeted incentives, and tax relief. The...

Arthur Hayes, co-founder of BitMEX, offloaded almost $5 million worth of digital assets within 24 hours as the crypto market experienced one of its sharpest declines in months. Data from Lookonchain shows that Hayes significantly cut his exposure to several major altcoins, executing transactions through platforms such as FalconX and Wintermute. His largest move was the sale of $2.48 million in Ethereum, followed by $1.384 million in Ethena and $480,000 in Lido DAO. Additional liquidations included $289,000 in Aave, $209,000 in Uniswap, and $124,000 in ether.fi. These transactions occurred...

XRP has just recorded one of its most notable on-chain surges in recent months, with payment volume jumping more than 200% in 24 hours and over 2.56 billion XRP moving across the network. This surge reflects meaningful liquidity activity flowing through Ripples settlement infrastructure rather than the typical retail speculation that often drives short-lived volatility. Historically, when XRP shows this level of network utility while maintaining price stability, it often points to structural support forming beneath the market. Despite this encouraging on-chain momentum, the broader trend...

MicroStrategys long-running, bitcoin-leveraged strategy drew renewed criticism over the weekend as skeptics questioned whether Michael Saylors company can withstand sustained market pressure. Among the most vocal was prominent Bitcoin critic Peter Schiff, chairman of Schiff Gold and chief global strategist at Euro Pacific Asset Management, who took to X to argue that the companys approach depends heavily on ongoing demand for its high-yield preferred shares. He claimed the published yields will never actually be paid, warning that weakened demand could trigger what he described as a potential...

Ether (ETH) retreated below the $3,100 level on Sunday amid a wider cryptocurrency pullback, dipping to around $3,066 as of 9:36 p.m. UTC. The move marks a 3.4% decline over the past 24 hours and represents the tokens first break under $3,100 since Nov. 4, based on TradingView data. ETH briefly slid under the threshold at about 4 p.m. UTC on Bitstamp, signaling renewed market pressure as digital assets faced increased volatility. Market analysts attribute part of ethers recent weakness to sustained outflows from spot ether ETFs. According to Timothy Peterson, investment manager and digital...

Federal prosecutors have pushed back against Tornado Cash developer Roman Storms bid for a full acquittal, arguing that the evidence presented during his trial firmly supports the charges against him. In a post-trial filing submitted last Wednesday, the U.S. Department of Justices Southern District of New York said its case clearly showed Storm helped build and control Tornado Cash, a crypto mixing platform sanctioned by the U.S. for facilitating transactions tied to North Korean hackers and other illicit actors. Storms legal team previously filed a motion at the end of September asking...