Cryptocurrency market news

Nearly a year after its launch, Ripple’s RLUSD stablecoin has surpassed $1 billion in market capitalization, ranking 10th among the largest U.S. dollar–pegged stablecoins. Since the beginning of the year, the digital asset has grown by 1,278%.

At 21:35 GMT on Tuesday, according to Investing.com’s index, XRP was trading at $2.0733, down 10.25% for the day. This marked the largest single-day drop for the cryptocurrency since October 10.

The cryptocurrency Ethereum was trading at $3,266.45 on Tuesday at 19:44 GMT, according to data from Investing.com, down 10.03% for the day. This marks the largest single-day decline in Ethereum’s value since October 10.

The Ethereum (ETH) market has faced a sharp decline in demand after Bitmine, one of the largest institutional buyers of the asset, reportedly suffered losses exceeding $1.3 billion. According to analysts from 10x Research, the company has exhausted its liquidity and can no longer support ETH’s price — creating a significant risk of further market decline.

After BTC dropped to $105,000, investors liquidated $191 million in long positions in less than an hour. The total 24-hour liquidation volume once again exceeded $1 billion, marking the highest level since October 11.

According to experts, the realized capitalization of Bitcoin — a metric reflecting the actual value of invested funds and the profit or loss of holders — has once again become a key indicator for assessing market cycles.

Litecoin (LTC) was trading at $87.72 at 18:30 (15:30 GMT) on Monday, according to Investing.com, down 10.91% for the day — marking its largest single-day decline since November 3.

Strategy Inc (MSTR) sold $69.5 million worth of shares through its at-the-market offering programs between October 27 and November 2, 2025, according to the company’s filing.

Over the past week, long-term holders have been transferring large amounts of BTC to the Kraken crypto exchange. This activity continues the outflow trend seen since mid-October and explains Bitcoin’s negative price performance, according to trading experts.

Statistical data show that over the past three years, major altcoins have been consistently underperforming Bitcoin in terms of growth and profitability.

Venezuela is currently developing a system that will bridge traditional banking with blockchain technology.

Bitcoin and Ethereum ETFs have posted negative flows for the second consecutive day amid renewed market weakness. BTC is currently trading around $110,000, while ETH has dropped below $4,000.

Transaction fees on the Ethereum blockchain have fallen to nearly a historical low of just 0.16 gwei, or $0.01 per transaction. Meanwhile, the number of transactions this week has risen to 1.6 million.

According to JPMorgan analysts, the Circle USDC stablecoin is growing faster than Tether’s USDT in both on-chain activity and market capitalization, driven by clearer regulatory frameworks and increasing institutional adoption.

U.S. spot Bitcoin (BTC) ETFs recorded an outflow of $470 million on October 29, as the asset’s price briefly dropped to $108,000 before recovering part of the decline.

BitMine Immersion has purchased nearly $113 million worth of Ethereum (ETH) from digital asset custodian BitGo. A transaction from wallet address “0xDc8…3a07f” included approximately 27,316 ETH, indicating that BitMine continues its aggressive accumulation strategy.