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Cyber Hornet Files With SEC for ETF Offering Exposure to XRP

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Cyber Hornet ETFs seeks regulatory approval to list and trade an investment product offering exposure to XRP and the S&P 500.

The firm submitted the filing with the US Securities and Exchange Commission on September 26, seeking to launch another XRP-constituted ETF. According to the filing, the fund will provide holders with a combined exposure to the S&P 500 and XRP.

Specifically, the Cyber Hornet S&P 500 and XRP 75/25 Strategy ETF will trade on the Nasdaq stock exchange under the ticker “XXX.” As its name suggests, it will provide a 75/25 exposure to investors seeking a blend of the traditional and cryptocurrency world.

Another XRP ETF on the US SEC’s Desk

For context, the XXX ETF would weight 25% XRP and 75% S&P 500. Cyber Hornet would rebalance the funds monthly to ensure it maintains this benchmark and expose holders accordingly. The filing also states that it holds the right to change this percentage spread in the future.

Meanwhile, the 25% XRP constituent will be held in both XRP spot and futures. The asset manager can also invest in exchange-traded funds tied to XRP to ensure that the portion accurately tracks the performance of the asset.

If approved, the XXX ETF will charge an annual management fee of 0.95%. This means that an investor with $10,000 in the fund will incur a cost of $100 in one year and $312 in three years.

Moreover, eligible investors can purchase up to 25,000 shares of the XXX ETF directly. Other interested parties can buy the funds in the open market.

Remarkably, the Cyber Hornet S&P 500 and XRP 75/25 Strategy ETF filing follows a growing interest in XRP on Wall Street. Earlier XRP-focused ETF launches have proven successful, with asset managers now exploring ways to combine cryptocurrency with traditional assets.

Cyber Hornet Also Filed for Ethereum and Solana ETFs

The firm also filed with the US SEC to file for a similar fund for Ethereum and Solana. The Cyber Hornet S&P 500 and Ethereum 75/25 Strategy ETF and the Cyber Hornet S&P 500 and Solana 75/25 Strategy ETF will list alongside the XRP product on Nasdaq, pending approval.

S&P and Crypto ETF Combos Filed by Cyber Hornet

They also follow the same distribution, management fees, and asset management tactics. However, the funds will buy and sell Ethereum on Coinbase and Kraken.

Meanwhile, Cyber Hornet offers this kind of product for Bitcoin, with ticker “BBB.” The fund has rallied 23% over the past year, trading at $30.36. This batch of applications suggests expanding cryptocurrency adoption beyond the crypto leader.

XRP Has a Lower Dormancy Rate than Bitcoin and Ethereum: Report

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A recent report from XPMarket shows that the XRP Ledger boasts incredibly high on-chain activity, featuring a lower dormancy rate than Bitcoin and Ethereum.

While the XRP price has fallen below $3 in the latest market downturn, the recent XPMarket report confirms that the XRPL continues to show signs of life. According to the report, XRP’s supply moves far more actively than Bitcoin or Ethereum, with less of it sitting idle for years.

Assessment Metrics

The study examined 7.016 million wallets using complete ledger data up to Sept. 23, 2025 (ledger 99,046,276). Importantly, the researchers excluded 35.3 billion XRP locked in escrow and reserves, focusing on the 64.7 billion circulating supply. 

In addition, they classified wallets based on their most recent transactions, ranging from 30 days to more than 10 years, and verified results with ledger sequences and transaction references.

XRP Supply More Active Than Bitcoin and Ethereum

Notably, the results show an interesting contrast with Bitcoin and Ethereum. Specifically, only 15.8% of XRP’s circulating supply has not moved in over a year, while just 4.1% has remained untouched for more than 2 years. This dormancy level has held steady between 3.8% and 4.1%. 

XRPL Dormancy Compared to Bitcoin XPMarket
XRPL Dormancy Compared to Bitcoin | XPMarket

By comparison, analysts estimate that more than 20% of Bitcoin is dormant, while Ethereum also shows higher long-term inactivity. The sharp drop between 1 year and 2 years of inactivity suggests that XRPL wallets either become permanently inaccessible fairly quickly or continue to transact regularly.

Moreover, liquidity has remained one of XRPL’s biggest strengths, according to the report. In particular, wallets active in the past year control 54.4 billion XRP, equal to 84.2% of the circulating supply. In the last 90 days, 31.7 billion XRP, or 49% of the supply, changed hands. 

XRP Liquidity XPMarket
XRP Liquidity | XPMarket

Meanwhile, another 22.7 billion XRP, or 35.1%, last moved between 3 months and 1 year ago, while 7.6 billion XRP, or 11.7%, shifted 1–2 years ago. Only 2.7 billion XRP, or 4.1%, has stayed dormant for longer than that. Overall, nearly half the supply circulates every quarter.

XRP Ledger Seeing Higher Wallet Activity

In terms of wallet activity, 49.8% of wallets transacted in the past year, and about 6.7% moved funds in the last 30 days, holding 34.8% of the supply. Another 15.1% transacted between 91 and 180 days ago, holding 30% of the supply. Also, the most recently active wallets carry larger balances, averaging 48,143 XRP for those that moved funds in the last month.

XRP Ledger Wallet Activity XPMarket
XRP Ledger Wallet Activity | XPMarket

The report also examined wallets that have never sent a transaction. Specifically, XPMarket identified 308,736 such accounts, holding 2.4 billion XRP, or 3.8% of the circulating supply. Their median balance sits at 176 XRP, though large accounts raise the average. These wallets likely represent cold storage, inaccessible keys, or those with long-term holding strategies.

Whale Activity and Transaction Volume

Meanwhile, large holders show even higher engagement. XPMarket tracked 2,693 wallets with at least 1 million XRP. Together they hold 39 billion XRP, averaging 14.7 million each. Of these, 98.6% have been active within the past year, while only 37 wallets have stayed inactive for more than a year. 

XRP Ledger Whale Wallet Activity XPMarket
XRP Ledger Whale Wallet Activity | XPMarket

The network also shows depth across time. Around 11.6% of wallets last moved funds 2–3 years ago, while 0.5% date back to the genesis era and have remained active for more than 10 years. 

Notably, independent data supports these findings. According to XRPScan, the XRP Ledger has averaged 23,000 daily active addresses since February 2025. Activity spiked to around 40,000 between November 2024 and January 2025, when XRP surged from $0.50 to over $3.

The network has also processed an average of 1.7 million transactions per day since April, while adding about 4,000 new accounts daily.

Speaking on the findings, XPMarket CEO Dr. Artur Kirjakulov said XRP’s low level of potentially lost supply compared to Bitcoin, along with near-universal whale participation, shows that XRPL has grown into institutional-grade infrastructure.

ChangeNOW B2B: A Practical Infrastructure Overview For Crypto-Ready Businesses

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ChangeNOW, a non-custodial crypto exchange with over five million retail clients, is gaining traction as an infrastructure provider for businesses and entrepreneurs who want to accept payments in crypto.

Founded in 2017, the platform supports roughly 1,500 digital assets across more than 110 networks and offers buy/sell support in more than 70 fiat currencies. The company has gained an edge over its competitors by emphasizing speed with an average swap time in around two minutes and global availability.

ChangeNOW claims that its systems process millions of transactions every month and that it is scalable for continued growth over the years. For risk and compliance stakeholders, the company holds certifications in Service Organization Control 2 (SOC 2), an auditing standard developed by the AICPA, and ISO 27001, the globally recognized framework for protecting systems and data against breaches and unauthorized access.

Why now: B2B demand for crypto comes at a time of soaring stablecoin activity. According to a recent Chainalysis report, stablecoins are facilitating trillions of dollars’ worth of on-chain transfers. On several occasions in 2025, stablecoin transfers exceeded $2 trillion, and on a few occasions they approached $3 trillion.

This alone supports the reality that B2B crypto adoption is accelerating as stablecoins and other forms of tokenized cash are catalysts for next‑gen payments. The future of payment processing is here today, and many businesses risk getting caught by surprise and missing out on a large consumer market that demands transacting in crypto.

What is ChangeNOW B2B?

ChangeNOW B2B consolidates APIs, white‑label packs, asset‑listing/bridging, and partner programs into a practical toolkit for teams that need crypto functionality without building exchange infrastructure from scratch. The model focuses on uptime, documentation, and dedicated support so businesses can spend more time on their core products and services without worrying about their crypto holdings.

Although ChangeNOW is designed as a non-custodial platform, its B2B solutions cover many enterprise needs often included in custody services, such as payments, exchanges, and secure operational processes.

At‑a‑Glance Audience Mapping

B2B solution Best Fit Businesses Target Audience
API Enterprises ready to integrate crypto functionality Product owners, C‑level execs, product managers
Widget Startups, outsource software developers, news outlets Product owners, C‑level execs, product managers, BD officers
White‑label products Enterprises looking to add new branded products Product owners, C‑level execs, product managers
Asset listing & bridging Startups C‑level execs
Partner programs Startups C‑level execs

 

ChangeNOW B2B Solutions

Crypto Exchange API

The ChangeNOW API lets business owners embed its swap engine and related flows on web or mobile apps. Some of the more notable attributes where ChangeNOW stands out against its rivals include a reported 99.99% availability, 350 ms response time, 24/7 support, and flexible commissions based on asset/pair, plus explicit support for cross-chain swaps. Partner revenue can start from 0.4%, depending on configuration and activity.

Beyond swaps, business owners can enable fiat on/off‑ramp, payments, and wallet operations. Partners can withdraw profits in 11 cryptocurrencies or in fiat, aligning payouts with treasury preferences.

Use cases:

  • Fiat on/off‑ramp: Conveniently swap crypto for fiat within the UX.
  • Crypto wallet: Power in‑app swaps and purchases for a non‑custodial wallet experience.
  • Payment gateway: Accept and process crypto payments with programmable flows.

White-Label Products

Optional white‑label options include non‑custodial wallets, no‑code exchange, and a Telegram bot. In each case, these can all be rebranded to better align with a business’ look and feel.

  • Crypto wallet: A non‑custodial wallet base with built‑in swap and fiat purchase options; ChangeNOW materials also point to DeFi features like staking and non‑fungible token support via the NOW Wallet stack. Post‑purchase assistance covers app‑store setup plus technical/marketing guidance.
  • Crypto exchange (no‑code): Launch an exchange under a company’s brand with a WordPress pack. The process consists of installing a plugin, adding API keys, customizing the details, and then monetizing.
  • Telegram bot: A ready‑to‑use flow enabling swaps inside Telegram. ChangeNOW runs the backend exchange operations, freeing up time and effort for business owners to manage community reach.

Exchange Widget

ChangeNow Crypto Exchange
ChangeNow Crypto Exchange

An embeddable widget brings instant swaps to websites with more than 2.25 million tradable pairs, revenue share from the first transaction, and optional fiat on- and off-ramps. A WordPress plugin option is available to streamline deployment on CMS-based sites.

Asset Listing Services

Projects can list their tokens on ChangeNOW to gain access to more trading pairs, fiat buy/sell options, and expanded reach through its partner networks. On listing, tokens can tap into 1,000+ exchange pairs and 70+ fiat purchase options, subject to eligibility and integration specifics.

To qualify, a project needs to be listed on a centralized or decentralized exchange with enough liquidity and trading volume, and to have trackable markets for popular assets like BTC, USDT, ETH, BNB, or MATIC.

For earlier‑stage assets, a Multichain Bridge route allows self‑listing and liquidity provisioning with custom rates and fee policies.

Partner Programs

ChangeNOW’s affiliate and referral options are available to both individuals and companies. The referral program lets participants earn commissions on every exchange made through their affiliate links, making it a simple way to monetize online traffic.

Through the affiliate program, users can receive up to 25% on referred business. The company notes that more than $12 million has already been paid out to more than 1,000 active affiliates.

Conclusion: Why ChangeNOW B2B Is the Go-To Solution for Businesses Embracing Crypto

ChangeNOW B2B is marketed towards business owners of all experience levels and all users benefit from advanced crypto functionality without worrying about the engineering, compliance, and liquidity overhead.

ChangeNOW’s platform can be used by business users who have minimal to no understanding of crypto and don’t want to lose out on a growing market. ChangeNOW B2B can also be used by crypto enthusiasts as a convenient tool to manage a crypto treasury.

With API uptime/performance guarantees, a revenue‑share model, and no‑code/low‑code deployment paths, it fits product timelines where speed and predictable maintenance matter. Against a backdrop of accelerating stablecoin usage and renewed focus on cross‑border efficiency, the timing for plug‑in infrastructure is favorable.

Advantages to highlight for decision-makers: easy integration, flexible commissions, profit withdrawals in 11 cryptos or fiat, and 24/7 dedicated support.

So, if you’re a startup or enterprise looking to add swaps, payments, or wallet features, and you value non‑custodial design and rapid integration, ChangeNOW’s B2B suite offers a pragmatic, low‑maintenance route to market.

Chainlink And ICE Collaboration Could Be A Game-Changer For Real-World Asset (RWA) Data

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A new partnership is set to shake up how real assets are tracked and shared online. Chainlink has joined forces with ICE to bring more trust and speed to information about stocks, bonds, and other assets. This move could change what is possible in digital finance. The full details reveal possibilities that few saw coming.

Chainlink (LINK) Price Outlook

Over the past 7 days LINK slipped 12.35%, extending the 1 month slide to 10.03%. The pullback erased part of the big 47.51% six-month climb, but the coin still trades well above last winter levels. An RSI of 35.59 and an ultra-low stochastic near 7.72 show oversold pressure, while the MACD at -0.1933 keeps bears in charge for now.

The token moves between 22.22 and 24.33, hugging the 10-day simple average at 21.17 and sitting just above key support at 21.44. If buyers defend that floor, a push to the first ceiling at 25.65 looks likely. That would mean a jump of roughly 13% from the lower edge of the current band. Clearing 25.65 could shift mood fast, flipping short-term momentum to bullish.

Failure to hold 21.44 risks a slide to 19.34, which would be about a 13% drop from today’s low. Still, the wider six-month trend and the oversold readings point to a rebound odds edge. Should LINK break 25.65, the next target sits at 27.76, almost 25% above today’s lower range. Traders now watch the 22.00 zone as the pivot that will decide the next swing.

From Real-World Assets to Meme Coin Mania: Enter XYZVerse

While traditional finance races to tokenize real-world assets with heavyweights like Chainlink and ICE leading the charge, another side of the crypto world thrives on culture, community, and entertainment. That’s where XYZVerse comes in.

XYZVerse is more than just another meme coin chasing hype. It’s building an ecosystem tied to one of the fastest-growing areas of Web3 — decentralized gaming and betting. Through its partnership with bookmaker.XYZ, a fully on-chain sportsbook and casino, XYZVerse holders unlock unique benefits:

  • Massive gaming variety: 15,000+ slots and sports markets available with no KYC, bans, or limits.
  • Non-custodial freedom: Players always keep control of their funds.
  • Exclusive rewards: Token holders gain access to special promos, giveaways, and weekly betting competitions.

For investors, XYZVerse presents an unusual angle in the meme coin space. Instead of relying solely on speculation, it ties its token to a live ecosystem where community engagement equals direct perks. In a market where utility often lags behind hype, XYZVerse is carving out a space that bridges fun, speculation, and real user incentives.

As institutional giants work on digitizing trillions in traditional assets, grassroots communities like XYZVerse show how crypto can simultaneously push culture forward. Whether you’re here for RWA breakthroughs or meme coin energy, one thing is clear: blockchain’s future will be as diverse as its communities.

Conclusion

LINK gains fresh utility, making prospects good. Meanwhile, the First All-Sport Memecoin XYZVerse (XYZ) targets outsized growth, blending meme energy, sports fandom, GameFi plans, and community power for sustained momentum.

You can find more information about XYZVerse (XYZ) here:

Website

Telegram

X

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Aster Exchange Compensates Users After XPL Token Price Glitch

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Decentralized trading platform Aster has issued refunds to users who lost money due to irregular price activity in the newly listed XPL token.

The incident, which unfolded on Thursday, marked the exchange’s first major technical setback since its recent rise in popularity.

Users Fully Refunded in USDT

In a post on X, Aster, which operates on the BNB Chain, confirmed that all affected users have been reimbursed. Compensation was provided in USDT. The platform carried out multiple rounds of repayments before announcing that the process was complete.

Meanwhile, the exchange has advised traders still awaiting compensation to contact them through their official Discord channel.

XPL Token Prices Showed Unusual Discrepancies

XPL is the staking token tied to Plasma, a blockchain for stablecoin optimization. In regular spot markets, the token remained within a normal range, fluctuating between $0.74 and $1.54 over a 24-hour period.

However, price movements on Aster’s perpetual futures contracts told a very different story. Traders witnessed the token briefly rise to $4 before collapsing to as low as $0.55. These discrepancies created confusion and triggered losses for participants relying on Aster’s futures platform.

Hardcoded Price Theory Gains Traction

Crypto traders investigating the incident believe they have found the cause. According to posts on social media, Aster’s oracle price for XPL was allegedly hardcoded to remain at $1. This setup treated XPL almost like a stablecoin, instead of a free-floating asset.

In addition, its mark price, normally tied to real market data, was reportedly capped at $1.22. This artificial limit prevented prices from reflecting actual trading dynamics.

Once the cap was lifted, buy orders overwhelmed available liquidity. This imbalance allegedly drove the token to $4 before it stabilized. This theory, though unconfirmed by Aster, has become the dominant explanation among traders.

Expert Reactions: Risk Controls Under Scrutiny

Several analysts criticized the possibility of hardcoded values in a live derivatives market. 0xToolman, an on-chain investigator with Bubblemaps, argued that such practices expose traders to unnecessary risks.

“Those values should never be hardcoded,” he said, adding that mismatched orders likely worsened the price swings once the cap was removed.

Despite the growing consensus among users, Aster has not issued an official explanation of the glitch.

Market Reaction to the Incident

Following the technical glitch, XPL has since returned to more stable levels. The token now trades at around $1.20, aligning closely with market tracker CoinGecko’s valuation.

In contrast, Aster’s governance token has struggled. After the incident, its value dropped 4.4% to $1.89. Traders believe the decline reflects shaken confidence in the platform’s stability.

Perpetual Futures vs. Spot Trading

The episode also highlighted the complexity of perpetual futures contracts compared to traditional spot trading.

In spot trading, investors directly own the token they buy. Prices reflect supply and demand on open markets.

On the other hand, perpetual futures allow traders to speculate on price movements without owning the underlying asset. This system requires accurate index and mark prices to ensure fairness.

If those reference prices are misconfigured, it can cause sharp imbalances, as seen in Aster’s XPL market.

Ethereum Whale with $2.9B Awakens After 8 Years to Move its ETH

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A long-dormant Ethereum whale has re-emerged after more than eight years of silence.

Blockchain tracking platforms and analysts confirmed that approximately 200,000 ETH, worth around $800 million, moved earlier today from two legacy wallets that had not been active since Ethereum’s early days.

Tracking platform Lookonchain noted that the whale controls a total of 736,316 ETH worth roughly $2.9 billion, spread across eight separate wallets.

Ethereum Whale Chooses to Stake, Not Sell

Contrary to common fears associated with large-scale wallet activity, the ETH was not sent to exchanges. Instead, the assets moved to new addresses, specifically into staking platforms, including Ethereum’s Plasma infrastructure, to earn yield.

This behavior further confirms the whale’s long-term confidence in Ethereum’s price outlook and its yield-generating potential.

Indeed, the transfer of such a large amount of ETH could have shaken the market. However, since the investor has sold none, analysts view the move as a positive sign.

Specifically, analyst Emmett Gallic, who first called attention to the whale’s movement, described the action as “bullish.”

On-Chain Data Confirms the Origin

Lookonchain reported that the ETH originated largely from Bitfinex and early mining pools back in 2017. In other words, this is an Ethereum OG who accumulated during or shortly after the ICO era.

While some of the wallets were last active four years ago, the earliest ones had been dormant for over eight years, according to Lookonchain. This makes the whale one of the longest-dormant major ETH holders to reappear in recent times.

For context, at the time of their last activity, the 736,316 ETH tokens the whale holds were worth just around $30 million. Meanwhile, today, the value is nearly $3 billion.

Image

ETH Price Under Pressure

Notably, this whale reawakened at a time when Ethereum’s price is under significant pressure. The altcoin briefly dipped today to $3,829, its lowest price since August. The dip follows massive sell-offs from Ethereum ETFs earlier this week. 

Since Monday, ETFs have dumped over $547 million in ETH across four consecutive days of selling. Thursday’s figures were among the worst performances as all ETFs recorded outflows, except BlackRock, which saw neither inflows nor outflows. However, on the previous day, BlackRock sold $26.5 million worth of ETH.

Tether CEO Says First Movers in Bitcoin Adoption Will Reap Major Benefits

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Paolo Ardoino, the CEO of leading stablecoin issuer Tether, emphasized that the greatest rewards will be reserved for those who adopt Bitcoin early.

Speaking in a recent episode of the Blockstream Talk podcast, Ardoino highlighted the transformative power of Bitcoin and the significant advantages awaiting early adopters. 

He pointed to El Salvador as a real-world example, noting that the country saw a 30% increase in tourism after embracing Bitcoin. In 2021, the North American country made history by becoming the first country to adopt BTC as a legal tender. 

Massive Gains for Believers

In his commentary, Ardoino highlighted that Bitcoin offers enormous opportunities, adding that ignoring its potential would be irrational. According to him, companies and cities that recognize Bitcoin’s potential could unlock significant gains by attracting capital from Bitcoin holders, large whales, retail participants, and institutions already active in the market.

Meanwhile, Ardoino noted that the industry has reached a pivotal moment, with Bitcoin proponents viewing this phase as the ultimate test of a decade-long belief. The narrative revolves around speculation that Bitcoin could act as a lifeline for struggling economies and the best global currency.

With real adoption taking place globally, Ardoino stressed that Bitcoin advocates are committed to ensuring that BTC succeeds in saving struggling economies. 

Bitcoin Adoption Accelerates 

Ardoino’s commentary comes as Bitcoin’s adoption story continues to evolve. Bitcoin adoption, which began with retail investors in its early days, has now evolved into a movement that institutions and governments are embracing. 

Institutional involvement first gained momentum in 2020 with MicroStrategy (now Strategy) making its first BTC purchase. Tether also entered the Bitcoin market in October 2022 and has successfully grown its holdings to 100,521 BTC, currently valued at $10.98 billion.  

ETFs have joined the trend, accumulating over 1.5 million BTC since 2024. The next phase of adoption is now unfolding at the national level. This trend began with El Salvador recognizing Bitcoin as a legal tender in 2021 and subsequently accumulating 6,331 BTC ever since. 

Notably, the U.S. has confirmed plans to establish a strategic reserve that would hold Bitcoin. Other countries are discussing similar initiatives. Some states in the United States have approved state funds that invest specific percentages in BTC. 

$9 Trillion Asset Manager Vanguard to Offer Bitcoin to Its US Brokerage Clients

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Vanguard, the world’s second-largest asset manager, is falling for the Bitcoin FOMO, as it reportedly explores offering crypto ETF services to its clients.

The top asset manager was initially adamant about offering crypto-linked ETFs to its clients. However, according to a recent report from Crypto In America, citing anonymous sources familiar with the issue, Vanguard might soon allow access to digital asset investment funds.

Vanguard Eyes Crypto ETFs Offering

Notably, prominent journalist Eleanoir Terret confirmed this development in a tweet today, citing a recent report. She noted that $9 trillion asset manager Vanguard is preparing to allow its US brokerage clients to buy and sell Bitcoin and crypto ETFs.

However, the report noted that Vanguard would not pursue this venture as other asset managers like BlackRock and Bitwise did. Rather, it would do so in a “very methodological” manner. Instead of establishing a crypto ETF, it would allow its clients access through third-party funds. The source confirmed that the choice of which fund Vanguard will select remains unclear.

The move follows a widespread Bitcoin adoption trend in the US, fueled by a friendly disposition from the current administration. Donald Trump’s pro-crypto stance, alongside SEC Chair Paul Atkins’ disposition, has paved the way for conducive regulation favoring the mainstream launch of the digital asset sector.

Bitcoin FOMO Catches Up with Vanguard

Bloomberg senior ETF analyst Eric Balchunas also reacted to the development, stating that Vanguard is finally looking to end its “bitcoin ETF ban” amid changing market dynamics. He disclosed he has also been hearing chatter of the development, insisting it was a smart move by the leading asset manager.

Balchunas also believes that the popularity of the Bitcoin and Ethereum spot ETFs contributed to this embrace. Notably, both products have been hugely successful since launch, attracting a net inflow of $57.23 billion and $13.37 billion, respectively.

Moreover, the current CEO of Vanguard, Salim Ramji, a former BlackRock executive, oversaw the launch of its Bitcoin spot ETF in January 2024. He was the global head of iShares at BlackRock before becoming Vanguard’s first external CEO in July 2024.

BlackRock launched the iShares Bitcoin Trust (IBIT) during his time at the firm, and the product has gone on to attract a cumulative net inflow of $60.86 billion in less than two years. Balchunas stated that Vanguard’s adoption of crypto ETFs under him was expected.

Meanwhile, he highlighted that this was good news for the Bitcoin enthusiasts, as it could potentially open a floodgate of new liquidity for the asset. According to him, Vanguard has 50 million investors and is the biggest fund company in the US by miles, meaning more reach for Bitcoin ETFs.

Veteran Bitcoin Investor Predicts Timeline For XRP to Claim $25

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While XRP remains under $3, the crypto community is buzzing with ambitious price predictions for the coming years.

With less than 100 days left until 2026, various voices have stepped forward to share their bullish outlooks. Among them is a Bitcoin investor active since 2013.

XRP Price Before 2026

Notably, the conversation unfolded after X user Chain Cartel invited his followers to share their price targets for 2026, as the new year approaches.

Bitcoin investor Pumpius, who has been in the space since 2013, boldly predicted that XRP will hit $25 before 2026. This optimistic forecast calls for over 9x gains for XRP by the end of 2025, an outlook that would elevate XRP into a trillion-dollar asset, like Bitcoin.

Notably, other prominent figures in the crypto community, such as Alex Cobb, have previously predicted that XRP could hit $22 by December. Meanwhile, more conservative voices suggest a $10 target.

Most of these outlooks emerged when XRP bulls dominated, as the coin traded lose to its all-time highs in January and July this year. However, amid the ongoing bearish market, calls for a double-digit price by year-end have gradually subsided.

Yet, replies to Pumpius’s forecast highlight the massive expectations some still have for XRP—alongside bearish outlooks from others.

Community Predictions Show a Wide Range of Expectations

For instance, crypto commentator Tabitha Patriot quipped that $25 is “cheap” if XRP truly becomes the global payment rail it aims to be.

Some commenters, like BL Conerly, expressed confidence that XRP might hit at least $5, while others called for higher targets. Jose Rodriguez said he believes XRP could surge above $30 due to the potential impact of upcoming exchange-traded funds (ETFs).

However, not everyone is as bullish. Specifically, CryptoDude reminded the community to focus on more attainable milestones like breaking the $4 mark before aiming higher. Also, James Ca remains skeptical about XRP ever reaching $10.

XRP price predictions in the community
XRP price predictions in the community

With so many contrasting views, the road to 2026 remains uncertain but filled with excitement.

The Road Ahead for XRP

At press time, XRP is trading at $2.71, down over 10% over the past week. The coin has been struggling to regain bullish momentum since July, though many believe a turnaround could come by October.

The hope surrounding the possibility of the SEC approving XRP ETFs next month is fueling the outlook. Such products, according to Canary Capital’s CEO, could see billions of dollars enter the XRP market. Analysts have used this potential development to support double-digit price targets for XRP in the near term.

Meanwhile, as bearish sentiment currently dominates—with the Fear & Greed Index sitting at 32—some previously bullish analysts, like EGRAG, are now calling for the possibility of XRP dipping below $2.

Bitcoin and Ethereum Options Worth $21B Expire Today: Here’s What to Expect from Prices

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Bitcoin and Ethereum are both under pressure at a critical moment, as the market braces for the expiration of billions in options contracts.

For context, today, Sept. 26, one of the biggest quarterly options expirations in history will take place, with more than $21 billion worth of contracts coming due. This expiry is extremely important as a result of the timing, since both coins are already struggling, and traders expect sharp swings in price.

Bitcoin and Ethereum Options Expiry

Data from Deribit, the world’s leading crypto options exchange, reveals that for Bitcoin, traders exchanged 25,213.60 puts in the last 24 hours, compared to 18,709.40 calls. This gives a put-to-call ratio of 1.35, meaning more traders are betting against price growth or hedging downside risk.

Bitcoin Options by Strike Price
Bitcoin Options by Strike Price

Meanwhile, in terms of open positions, Bitcoin has 85,574 calls and 60,393 puts, for a total of 145,967 contracts. The put-to-call ratio here is 0.71, showing that more open bets remain on the bullish side. 

Specifically, the total notional value of Bitcoin options is close to $16 billion, with the max pain level sitting at $111,000. This level is where option sellers feel the least pressure, since most contracts expire worthless there. As Bitcoin currently trades below this point, bears have the upper hand.

For Ethereum, in the last 24 hours, traders moved 232,806 puts against 225,203 calls, which sets the put-to-call ratio at 1.03. Open interest shows 688,808 calls against 594,515 puts, giving a total of 1,283,323 contracts. This leaves the open interest put-to-call ratio at 0.86, which indicates a slightly bullish leaning.

Ethereum Options by Strike Price
Ethereum Options by Strike Price 

Overall, the notional value of Ethereum options stands above $5 billion, with max pain at $3,800. Since the market price is hovering close to that level, the expiry could act as a magnet and drive volatility in either direction.

Combined, Bitcoin and Ethereum account for more than $21 billion in expiring contracts. Expirations this size often shake the market, because traders close, roll over, or hedge positions all at once. 

Bitcoin and Ethereum Price Actions

Meanwhile, Bitcoin’s price action shows that the market is in a dangerous position. Since hitting its monthly high of $117,968 on Sept. 18, BTC has continued to collapse. Yesterday alone, it lost 3.81% in a single day, its biggest drop since August 14. At the time of writing, Bitcoin trades at $109,145, down about 7.5% from the monthly top and under the $110,000 level. 

In a recent analysis, market analyst Ted Pillows pointed out that Bitcoin still trades below its all-time high from May 2025. He believes that unless it climbs back above $114,500, it risks falling further toward $108,000. He also warned that the options expiry today could add even more volatility.

Another analyst, DustyBC, noted that Bitcoin’s decline fits into a normal correction phase. Based on his adjusted Elliott Wave count, he expects the coin to make one more low to complete wave C of the pattern. According to him, while it can feel uncomfortable to watch portfolios lose value, these corrections are healthy and part of the natural market cycle.

Bitcoin 8h Chart DustyBC
Bitcoin 8h Chart | DustyBC

For Ethereum, the losses have been steep. The altcoin has dropped below the $4,000 mark and now trades at $3,933. At press time, Ethereum is down more than 17% from its monthly high. 

Speaking on this, analyst Gordon noted that Ethereum looks more oversold now than it has since the tariff crash. He reminds traders that those who bought that earlier dip during that crash enjoyed gains of 200%, warning against missing what could be a similar opportunity.

Ethereum 1D Chart Altcoin Gordon
Ethereum 1D Chart Altcoin Gordon

Ted Pillows also confirmed that Ethereum recently tapped the $3,800 liquidity zone as expected. While it has rebounded from this point, it still trades below the $4,060 support region. He argued that reclaiming this level could trigger a rally, but if Ethereum fails to do so, the coin could slide further toward $3,600.

Ethereum 1D Chart Ted Pillows
Ethereum 1D Chart | Ted Pillows