Key Takeaways Nov. 1 brought 7,934 new XRP wallets, the sixth-highest daily total of 2026. Santiment identified $1.30 as a level to confirm stronger price momentum. Wallet growth above 4,000 daily plus a $1.30 reclaim would make XRP’s setup more constructive. XRP Wallet Growth Accelerates Despite Price Pressure Santiment reported on Nov. 2 that 7,934…
Key Takeaways The operation used roughly one new wallet every 25 seconds. Elliptic found conventional automation rather than evidence of AI agents. About $3.24 billion remained in theft-linked addresses as of Nov. 2. Thousands of Wallets Expand the Laundering Trail Crypto assets stolen from Binance moved through approximately 12,000 wallets across 11 blockchains in under…
Key Takeaways Prediction markets Polymarket and Kalshi give Democrats a 74% chance of winning both the House and Senate in Tuesday’s midterm elections. Traditional pollsters align with the betting odds, suggesting a potential “blue wave” in the midterms. The growing influence of these platforms has sparked concerns about their impact on voter behavior. Polymarket and…
Key Takeaways Binance’s estimated $10.7 billion bill for fines and hack losses equals around 56% of its estimated 2021–2025 pre-tax profits. The exchange has paid $4.34 billion in known fines and had $6.38 billion stolen in major hacks, though a substantial chunk of the funds stolen last week were frozen. Binance’s shrinking asset base and…
Key Takeaways Bitcoin fell below $77,000 on Monday as the Binance hack continued to weigh on investor confidence. Crypto liquidations reached $256 million, while Binance reported 100% backing for major assets. Bitget Wallet’s Alvin Kan warned that the $6.3 billion Binance breach could prompt a rethink of custody risks. Bitcoin Drops Below $77K Bitcoin slipped…
Key Takeaways HSBC’s Redcoin stablecoin hit 50,000 users in a week, proving rapid retail adoption via the Payme app. HSBC plans to scale Redcoin to millions of users and introduce tokenized investments via its banking app. Rival Anchorpoint partnered with Solana to launch its HKDAP stablecoin, targeting public blockchains. HSBC Reaches 50K Users After Launch…
Key Takeaways Bitcoin held above its 50-week average for a 7th week despite the $6.3B Binance hack. Glassnode says BTC could fall to $75.8K and still preserve its broader technical setup. The resilience suggests much of bitcoin’s speculative excess may already have been flushed out. Bitcoin Closes Above 50-Week Average for 7th Straight Week Bitcoin…
Key Takeaways Bitcoin ETFs lost $202.59M last week after Friday erased four straight inflow sessions. Ether shed $431.53M, and solana posted a record $71.47M weekly outflow. Zcash stayed resilient, showing institutional crypto demand is narrowing rather than disappearing. Bitcoin’s Friday Reversal Erases 4 Days of ETF Buying For most of the week, bitcoin exchange-traded funds…
Key Takeaways Hyperliquid’s top trader 0x5b5d holds $617.5M in shorts across 22 markets, led by $224M in ETH. A second whale, 0xb83d, is short $439M, bringing the pair’s combined bearish exposure to about $1.06B. The 0x5b5d account is up $99.1M this month but still faces an $8.3M paper loss on its HYPE short. Short Everything…
Key Takeaways The Binance hacker split 233.46M XRP across six fresh wallets between 03:52 and 04:00 UTC on Nov. 2. Trackers say about $242M already moved through Tron routes after Tether froze 378.7M USDT. Over $3B in stolen assets remains largely untouched, so exchanges are watching the six XRP wallets. The Stolen XRP Wakes up…
