Features News Today TheBitTimes.Com

North America’s first spot XRP exchange-traded fund (ETF) has suffered a sharp downturn, in line with broader market volatility.  The 3iQ XRP ETF (XRPQ.U), listed on the Toronto Stock Exchange, has plunged nearly 18% over the past month to $11.32 as of October 22.  The decline mirrors the weakness across altcoins, with XRP itself struggling to maintain support above the $2 mark. Despite the pullback, the ETF remains up 5.91% since inception, according to data from its live chart. XRPQ price chart. Source: TradingView Launched by 3iQ Corp. in June 2025, the ETF made history as the first spot XRP ETF in North America.  Around the same time, Purpose Investments also introduced its own XRP fund, trading under the tickers XRPP, XRPP.B, and XRPP.U, each offering direct exposure to XRP in CAD and USD denominations. U.S. XRP ETF delays  Meanwhile, in the United States, several asset managers are attempting to follow Canada’s lead by filing fo...

Victoria, Seychelles, October 21, 2025 – MEXC , a leading global cryptocurrency exchange, has officially launched the USDT & USDC Staking Gala, offering users the opportunity to earn up to 15% APR through a flexible redemption mechanism. With rewards of up to 2,926 USDT per user, the event combines high-yield potential with convenient access to funds. The USDT & USDC Staking Gala runs from October 21, 2025, 10:00 (UTC) to November 19, 2025, 10:00 (UTC). During this limited-time event, users can stake either USDT or USDC for 7-day or 30-day terms, with estimated APRs ranging from 12% to 15%. Each staking option supports a flexible redemption model, allowing participants to access their funds while earning rewards. The minimum staking amount is 5,000 USDT or USDC, and the maximum staking amount per user is 100,000 for each token and term. To participate, users must complete Primary KYC verification. This event reflects MEXC's ongoing efforts to deliver accessible, l...

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing How Our News is Made Strict editorial policy that focuses on accuracy, relevance, and impartiality Ad discliamer ...

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing How Our News is Made Strict editorial policy that focuses on accuracy, relevance, and impartiality Ad discliamer ...

US spot Bitcoin ETFs (exchange-traded funds) recorded $366.6 million in outflows on Friday, extending their losing streak to a third day as investors turned risk-off amid renewed concerns over stress in credit markets The withdrawals followed $536 million in outflows a day earlier, the largest single-day net loss since August, amid weakening appetite for risk assets as jitters about US regional banks rippled through markets. That sent Bitcoin plunging to as low as $103,598.43 in the past 24 hours, according to CoinMarketCap. It has since recovered to trade at $106,586.89 as of 12:41 a.m. EST, still down over 2%. The Crypto Fear & Greed Index , a gauge of investor sentiment, has plunged 29 points from last month to an ”extreme fear” reading of 23. BlackRock’s IBIT Leads The Spot Bitcoin ETF Outflows IBIT, the Bitcoin ETF offered by asset management giant BlackRock, recorded the highest net daily outflows on the day. Data from Farside Investors shows that $268....

The cryptocurrency market lost $150 billion in value  in a matter of hours on Friday, October 17, further escalating its continuing downtrend. According to data Finbold retrieved from CoinMarketCap , the total market valuation plunged from $3.7 trillion at around 6 a.m. UTC to $3.55 trillion by 10 a.m. UTC, an approximately 5.8% dip. Crypto market cap. Source: CoinMarketCap The losses were universal for the top 10 assets by market capitalization, as they were all in the red on the daily chart. Bitcoin (BTC) is down 5.60% as of the time of writing, while Ethereum (ETH) has dropped more than 7.16%. Similarly, XRP and Solana (SOL) have fallen 7.69% and 8.23%, respectively, while Cardano (ADA) and BNB bore the brunt of the blow, the former plummeting 9.84% and the latter 11.93%. Top 10 cryptocurrencies by market cap. Source: CoinMarketCap Macroeconomic developments sink the crypto market  The digital currency sector continued to decline due to rene...

The crypto asset firm Ripple just announced a strategic partnership with a bank in South Africa. Ripple says it’s teaming up with Absa Bank to deliver institutional-grade digital asset custody services. This marks Ripple’s first major custody collaboration on the continent, enabling Absa to offer secure storage for crypto and tokenized assets amid rising institutional demand. The partnership leverages Ripple’s scalable technology to meet regulatory and security standards, supporting Absa’s customers in exploring blockchain-based solutions. Absa, which is one of Africa’s largest financial groups with operations in multiple countries, will integrate the custody offering through its Corporate and Investment Banking division. According to Ripple’s 2025 New Value Report, 64% of Middle East and Africa finance leaders are now prioritizing faster payments via blockchain technology. Follow us on X, Facebook and Telegram Source: https:/...

Coinbase director Conor Grogan is calling attention to a million-dollar pile of Binance’s native token, BNB, that has sat unclaimed for years. In a new post on X, Grogan urges citizens of Malta to start asking their government for the BNB that was donated to those suffering from terminal cancer on the southern European island in the Mediterranean Sea. Says Grogan, “In 2018, Binance and crypto users donated $200,000 in BNB to Malta Terminal Cancer Patients. The funds were never withdrawn and remain untouched, now worth $39 million due to the appreciation of BNB! Any Malta citizens, please let your government know that these funds are accessible.” BNB is a digital asset created and backed by the crypto giant Binance, and the charity initiative was launched as a partnership between Binance’s Blockchain Charity Foundation (BCF) and the Malta Community Chest Fund (MCCF). However, the two partners became entangled in a legal dispute with MCCF a...

The US dollar’s brand value has been tarnished by the BRICS alliance, admits Marc Chandler, Strategist and Managing Director at Bannockburn Capital Markets in New York. The bloc banded together, calling out the White House for weaponizing the greenback through sanctions and SWIFT exclusion. The recent trade wars and tariffs have made it worse for the US and easier for BRICS to point fingers at America’s wrongdoings. Also Read: BRICS Pays 43% of Peanuts Exports in the Chinese Yuan US Dollar’s Global Image Gets Tarnished by BRICS Source: Instagram Developing countries are looking up to BRICS for a solution to come out of the grip of the US dollar. The alliance is delivering its wishes through new trade deals, policies, and settlements in local currencies. “I’m not sure the dollar has lost its global standing. To me, the dollar’s brand has been tarnished,” said Chandler. In addition, the widespread discontentment towards America stems from unruly foreign polices from the ...

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing How Our News is Made Strict editorial policy that focuses on accuracy, relevance, and impartiality Ad discliamer ...

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing How Our News is Made Strict editorial policy that focuses on accuracy, relevance, and impartiality Ad discliamer ...

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing How Our News is Made Strict editorial policy that focuses on accuracy, relevance, and impartiality Ad discliamer ...