Crypto

OpenSea CEO Devin Finzer says the platform isn’t abandoning NFTs but expanding into a universal onchain trading hub. OpenSea CEO Devin Finzer has rejected claims that the company is pivoting away from non-fungible tokens (NFTs), saying instead that the marketplace is “evolving” into a universal platform to trade every type of onchain asset. In a Friday post on X, Finzer announced that OpenSea's October trading volume exceeded $2.6 billion, with over 90% of that amount coming from token trading, calling it the beginning of the platform’s transformation to “trade everything.” “We’re building the universal interface for the entire onchain economy — tokens, collectibles, culture, digital and physical,” Finzer told Cointelegraph. “The goal is simple: if it exists onchain, you should be able to trade it on OpenSea, seamlessly across any chain, while maintaining complete control of your assets,” he added. Read more

Holding above $2 increases XRP's potential to retest $3 in the coming weeks, while also maintaining a record high target of around $7.75. Key takeaways: XRP price dropped 8.75% on Friday despite Ripple’s $1 billion acquisition plans. A drop toward the $2 support level is possible in the coming days, as bulls pin their hopes on a rebound. Read more

Huobi founder Li Lin and prominent Asian crypto investors have raised $1 billion to launch an Ether-focused digital asset trust. The post Huobi Founder Li Lin Raises $1B With Partners to Accumulate Ethereum appeared first on Cryptonews.

Retail investors chasing Bitcoin exposure through public companies like Metaplanet and Strategy have lost an estimated $17 billion. The post Retail Investors Lose $17B as Bitcoin Treasury Stocks Collapse, 10x Research Says appeared first on Cryptonews.

BTC slumped below $104,000 on Friday.

HMRC sent nearly 65,000 warning letters to crypto investors last year, more than double the previous year, as the UK steps up efforts to trace undeclared capital gains. The UK tax authority has ramped up its scrutiny of crypto investors, doubling the number of warning letters sent to those suspected of underreporting or evading taxes on digital asset gains. HM Revenue & Customs (HMRC) issued nearly 65,000 letters in the 2024–25 tax year, up from 27,700 the year before, the Financial Times reported on Friday, citing data obtained under the Freedom of Information Act. The letters, known as “nudge letters,” are designed to prompt investors to voluntarily correct their tax filings before formal investigations are launched. Read more

The session’s 7% swing came amid renewed macro jitters and reports of large whale liquidations totaling over $74 million.

The total crypto market cap is above $3.7 trillion again, but it's down by roughly $500 billion in just over a week.

The move came amid renewed U.S.–China tariff fears and cautious positioning ahead of next week’s SEC deadlines for spot XRP ETFs.

Bitcoin ETFs lost $1.22 billion this week as BTC fell, but Schwab reported its clients now own 20% of all US crypto ETPs. Spot Bitcoin exchange-traded funds in the United States have seen more than $1.2 billion in outflows this week, but Charles Schwab is seeing more interest in the products.  The eleven spot Bitcoin ETFs in the US saw an aggregate outflow of $366.6 million on Friday, which rounded off a red week for the asset and Bitcoin-associated institutional investment products.  BlackRock’s iShares Bitcoin Trust saw the largest outflow as the product lost $268.6 million, according to SoSoValue. Fidelity’s fund shed $67.2 million, Grayscale’s GBTC outflowed $25 million, and there was a minor outflow from the Valkyrie ETF. The rest saw zero flows on Friday. Read more

PI has fallen to $0.20.

The Bitcoin Coinbase Premium Index turned negative as BTC’s RSI hit its lowest level since April, but it could also mark the beginning of a slow recovery. Key takeaways: The Bitcoin Coinbase Premium flipped red as BTC price dropped below $104,000. Bitcoin’s RSI hit its lowest point since April, hinting at a potential bottom zone. Read more

Bitcoin treasury firms saw NAV premiums collapse as retail lost billions, but the reset created entry points for a new era of skilled asset managers, say researchers. Net Asset Values (NAVs) in digital asset treasuries (DATs) have collapsed, but this is not as bad as it sounds and can be viewed as an opportunity for savvy investors, according to 10x Research. “The age of financial magic is ending for Bitcoin treasury companies,” stated 10x Research analysts in a report shared with Cointelegraph on Friday.  “They conjured billions in paper wealth by issuing shares far above their real Bitcoin value — until the illusion vanished,” they continued. Read more

Regional banks faced renewed stress despite 2023 crisis reforms, with Zions and Western Alliance stocks plunging as Bitcoin fell to a four-month low. Several regional banks in the United States are facing renewed stress despite strengthening their finances after the 2023 banking crisis, and Bitcoin could benefit from any liquidity crisis that follows. Strike CEO Jack Mallers sees the banking stress as validation that Bitcoin (BTC) is correctly pricing in an impending liquidity crisis, opining that the Federal Reserve’s inevitable response will drive BTC prices higher.  “Bitcoin is accurately smelling trouble right now,” he said on the Primal social media platform on Friday. Read more

Pepe remains the third-largest meme coin by market cap, still trailing behind Shiba Inu — but on social media, the tide may be turning, fueling a bullish Pepe price prediction. New data from LunarCrush shows Pepe’s social dominance has surged to 2.9%, nearly doubling Shiba Inu’s 1.7%, despite SHIB’s stronger price performance in recent weeks.This […] The post PEPE Price Prediction: SHIB Fades, PEPE Gains – Is This the Meme Coin Flippening Everyone’s Been Waiting For? appeared first on Cryptonews.

Crypto price prediction today has tracked markets under pressure from U.S. regional bank fears, with XRP, Pi Coin and Shiba Inu lower on the day and week. Declines have pointed to rebound potential as ETFs and ecosystem updates are watched, while a mine-to-earn presale has reported $1.8M raised. The post Crypto Price Prediction Today 17 October – XRP, Pi Coin, Shiba Inu appeared first on Cryptonews.

As the crypto market drops again, Shiba Inu holders are pulling billions of tokens off exchanges, adding fuel to a bullish Shiba Inu price prediction.On Wednesday alone, 263 billion SHIB, worth around $2.6 million, were moved into cold storage, according to data from CryptoQuant.This shift suggests that many investors are buying the dip and choosing […] The post Shiba Inu Price Prediction: Billions in SHIB Suddenly Vanish From Exchanges – What Are Holders Preparing For? appeared first on Cryptonews.

A $1 billion deal could see XRPL handle trillions in Fortune 500 capital — XRP price predictions now eye new highs with mainstream demand. The post XRP Price Prediction: Ripple’s New $1B Deal Could Put XRP at the Center of Fortune 500 Payments appeared first on Cryptonews.

DeepSeek AI Predicts strong scenarios for XRP, Cardano, and Pepe amid a market that has surged to a Bitcoin ATH and then pulled back on tariff news ahead of the FOMC. Projections include XRP $3–$10 by year-end, ADA $5–$8 by late 2025, and Pepe $0.00001–$0.00003 on an ATH retest. The post China’s DeepSeek AI Predicts the Price of XRP, Cardano, PEPE by the End of 2025 appeared first on Cryptonews.

Best crypto has drawn attention after Bitcoin has reached $126,080 before retreating on tariff news. XRP has risen year over year as Ripple has launched RLUSD; Solana has grown TVL; Dogecoin has kept payment ties with Tesla, PayPal and Revolut; HYPER has reported funds raised and an audit. The post Best Crypto to Buy Now 17 October – XRP, Solana, Dogecoin appeared first on Cryptonews.