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Quick Take Summary is AI generated, newsroom reviewed. ETF expert Nate Geraci predicts the first XRP ETF could launch within the next two weeks. The launch would be a major win for Ripple Labs after years of SEC battles. Analysts expect billions in institutional inflows and strong market interest. Approval would move crypto investing closer to full mainstream acceptance.References FIRST SPOT $XRP ETF COULD LAUNCH IN 2 WEEKS! ETF analyst Nate Geraci says it would be the "final nail in the coffin" for anti-c
Quick Take Summary is AI generated, newsroom reviewed. Ripple moved 800M XRP from escrow to an unknown address, which is typically a routine liquidity management step. This transfer comes ahead of the Ripple Swell conference (Nov 12-14) in Dubai, where major announcements are expected. The move is magnified by a cryptic "XRP coded" message from the Gemini exchange, sparking partnership rumors. Despite the large transaction, the XRP price remained relatively stable, as traders anticipate most of the tokens
Goldman Sachs predicts that the shutdown is "most likely to end around the second week of November," but also warns that key economic data releases will be delayed.
A hellish market; even insider whales can't withstand it.
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- 12:08"Cryptocurrency and Blockchain" Make TIME Magazine's 2025 List of 300 Best InventionsAccording to ChainCatcher, TIME Magazine has released its 2025 list of the "300 Best Inventions," with cutting-edge fields such as cryptocurrency and blockchain, artificial intelligence, robotics, and wearable technology making the list. TIME Magazine pointed out that cryptocurrency and blockchain are driving transformations across various industries, including finance, security, and digital ownership.
- 12:08Analyst: The recent decline is not a structural disaster, but rather profit-taking after continuous gains from September to October.Jinse Finance reported that Timothy Misir, Head of Research at BRN, pointed out in an analysis report that the recent market decline is not a structural disaster, but rather a profit-taking after continuous gains from September to October. However, it also reveals that the short-term upside remains highly dependent on stable spot demand (ETF, government bonds, corporate bond buying). The "whale" group still controls a large proportion of the bitcoin supply and increased their holdings by about 110,000 bitcoins in October. The market is currently in a digestion phase; structural bulls still exist, but confidence is lacking. Prices need new spot demand from ETFs or corporations to break through and rise.
- 11:58Cryptocurrency-related stocks showed mixed performance in U.S. pre-market trading, with BMNR down 3.88%Jinse Finance reported that before the US stock market opened, cryptocurrency-related stocks showed mixed performance, including: ·MSTR down 1.43%; ·a certain exchange down 0.94%; ·HOOD up 0.70%; ·SBET down 4.19%; ·BMNR down 3.88%; ·CRCL down 0.36%.