News

Quick Take Bitcoin has ranged between $85,000 and $89,000 this week, showing tentative stabilization after last week’s washout. Analysts warn the bounce is early and unproven, with BTC still trading inside a high-volatility accumulation range. Macro catalysts dominate the week ahead, with PPI, retail sales, jobless claims, GDP, and PCE due before Thanksgiving.

Quick Take Spot Solana ETFs logged their 20th consecutive day of net inflows on Monday, drawing in $58 million across six funds. The inflows lay the groundwork for Solana’s potential price rebound once the broader de-risking in the crypto market settles, one analyst said.

Solana ETFs in the US have recorded their 20th consecutive day of net inflows, showcasing the high adoption rate.

Quick Take Benchmark says W3C gives Exodus meaningful card-issuing scale that could drive longer-term growth. The acquisition brings a largely non-crypto client base, giving Exodus a clearer path into mainstream fintech.

Quick Take Grayscale and Franklin Templeton’s new U.S. spot XRP ETFs attracted $67.4 million and $62.6 million in respective inflows on their Monday debut. The combined spot XRP ETFs registered $164.1 million worth of net inflows for the day, outperforming their BTC, ETH, and SOL counterparts.

PEPE has sat near the bottom of its recent range after a month that saw the token drop about 40% but the past 24 hours brought a sudden shift as the meme coin shot up almost 6%.

Stablecoin issuer Paxos purchases institutional crypto wallet provider Fordefi in a deal exceeding $100 million, aiming to meet growing customer demand for secure, regulated DeFi services.

Quick Take The CFTC has officially approved Polymarket’s return to the U.S. by issuing an Amended Order of Designation that lets the onchain predictions platform operate as a fully regulated intermediated exchange. Grayscale and Franklin Templeton’s new spot XRP ETFs led the market on debut, pulling in $67.4 million and $62.6 million in respective net inflows on Monday.