About us Copy link The crypto market was thrown into chaos Friday after US President Donald Trump threatened to impose 100% tariffs on China and new export controls on software. In a market already stretched by heavy leverage, the announcement led to one of the biggest selloffs in years. The selloff snowballed into a $19 billion wave of liquidations as overleveraged bets were wiped out in hours. In what was called “the largest liquidation event in crypto history,” CoinGlass data showed more than 1.6 million traders were liquidated in 24 hours, with $7 billion flushed in a single hour. Bitcoin price, which had reached an all-time high of $125,000 earlier this week, plunged 16%, falling below $105,000 briefly. It recovered on Saturday to $112,000. Altcoins suffered heavy losses, tumbling between 30% AND 80%. As liquidations mounted, many users of centralised crypto exchanges reported failed orders, with some traders saying they were unable to close positions before blowups. In the wake of the chaos, Binance, one of the top exchanges, acknowledged the disruptions on its platform linked to the surge in volume and said it would review and compensate losses directly caused by its system failures. “Due to significant market fluctuations over the past 16 hours and a substantial influx of users, some users have encountered issues with their transactions,” Yi He, Binance’s co-founder and chief customer service officer, said in a statement on Saturday. “If you have incurred losses attributable to Binance, please contact our customer service to register your case. We will review your account activity individually, analyze the situation, and provide compensation accordingly.” Binance would not compensate “losses resulting from market fluctuations and unrealized profits are not eligible for compensation,” she said. While centralised exchanges were under strain, several DeFi protocols processed record volumes without any reported issues. Largest decentralised exchange Uniswap has reached a record-high daily trading volume of $10 billion, according to data from DefiLlama. Top lending protocol Aave handled over $180 million in collateral liquidations within an hour in what the protocol’s founder Stani Kulechov called “the largest stress test of its $75B+ lending infrastructure.” The protocol’s fees rose up to $15 million over the past day, up from its recent daily average of $3 million, DefiLlama data shows. “That stress test was wild, but DeFi worked flawlessly,” Michael Bentley, co-founder of another top lending protocol Euler, said. “No emergency circuit breakers. No regulatory interventions. Just free markets and code.” DeFi liquidations amounted to only a few hundred million dollars — a small share of the total $19 billion wiped out across markets. Yet that’s still a record for the nascent industry. Ekin Genç is DL News’ Editor-in-Chief based in Oxford, United Kingdom. Got a tip? Email at ekin@dlnews.com
Coins Top 100 Coins Trending Cryptos Performance Recently Listed Gainers All Categories All Time High Blockchains Global Market Data Ecosystems Fundraising Funding Rounds Funds Analytics Dashboard IDO/ICO IDO/ICO IDO Launchpad ROI Launchpads CEX Launchpad ROI Launchpool Analytics Dashboard Node Sale Exchanges CEX CEX Transparency CEX Listing Performance DEX Exchange Tokens ETH Bridge Token Unlocks Token Unlocks Analytics VC Pressure Products Research Rewards Maps Drop Hunting Alerts Converter Widgets Market Data API Futures and Options Affiliate Program Watchlist Portfolio According to market commentator Xaif Crypto, a massive 15 million XRP, valued at approximately $42.1 million, was transferred to the crypto exchange Bitstamp, igniting intense speculation among traders and analysts. The sizable transaction, detected by on-chain tracking platforms, comes at a critical juncture for XRP, as the token struggles to maintain stability amid fluctuating market sentiment and renewed whale activity. Large-scale transfers to centralized exchanges like Bitstamp are often viewed as potential sell signals, suggesting that holders might be preparing to offload substantial amounts of their assets. This latest move, therefore, has raised eyebrows across the XRP community, with some interpreting it as a sign of impending selling pressure, while others see it as a strategic liquidity maneuver linked to institutional activity. Market data shows XRP trading within a tight consolidation range, with the altcoin having shed off 19.8% of its value in the past week to trade at $2.44 per CoinGecko data. Despite short-term uncertainty, on-chain metrics indicate consistent accumulation by long-term holders, suggesting that confidence in Ripple’s broader utility narrative remains intact. Therefore, the $42.1 million XRP transfer to Bitstamp has reignited market speculation, underscoring XRP’s unmatched liquidity and testing investor sentiment. Whether it marks strategic accumulation or large-scale distribution, one thing is certain that XRP remains a central force shaping institutional strategy and the evolving digital finance landscape. According to renowned crypto researcher SMQKE, global banks are increasingly positioning Ripple as their preferred path toward ISO 20022 readiness ahead of the November 2025 deadline. The upcoming transition, mandated across the global payments ecosystem, requires financial institutions to adopt a standardized, data-rich messaging format designed to enhance transparency, interoperability, and efficiency in cross-border settlements. ISO 20022 is more than a compliance update, it’s a structural transformation that compels banks to modernize outdated messaging and processing systems. As legacy infrastructure struggles to adapt to the new standard’s demands, Ripple’s blockchain-based technology is emerging as the fastest, most cost-effective alternative. By leveraging the XRP Ledger and RippleNet, institutions can streamline transactions while maintaining full regulatory alignment. As SMQKE notes, banks are under mounting pressure to achieve ISO 20022 compliance without disrupting daily operations. Ripple’s modular technology delivers a plug-and-play upgrade path that slashes costs, accelerates integration, and ensures seamless interoperability. With unmatched speed, low fees, and full transaction visibility, Ripple stands out as the most practical bridge between legacy systems and real-time, blockchain-powered settlement networks, just as the November 2025 deadline draws near. The $42.1M XRP transfer to Bitstamp spotlights whales and institutions steering market moves. While sparking short-term sell-off speculation, it underscores XRP’s deep liquidity and strategic role in the crypto ecosystem. On the other hand, Ripple’s push toward ISO 20022 integration positions it as more than a compliance tool, it’s a strategic accelerator for the future of global banking. With the November 2025 deadline approaching, banks are recognizing that blockchain is no longer experimental but essential infrastructure. Ripple’s proven interoperability, cost efficiency, and regulatory alignment make it the fastest, most practical path for seamless modernization. Read More According to market commentator Xaif Crypto, a massive 15 million XRP, valued at approximately $42.1 million, was transferred to the crypto exchange Bitstamp, igniting intense speculation among traders and analysts. The sizable transaction, detected by on-chain tracking platforms, comes at a critical juncture for XRP, as the token struggles to maintain stability amid fluctuating market sentiment and renewed whale activity. Large-scale transfers to centralized exchanges like Bitstamp are often viewed as potential sell signals, suggesting that holders might be preparing to offload substantial amounts of their assets. This latest move, therefore, has raised eyebrows across the XRP community, with some interpreting it as a sign of impending selling pressure, while others see it as a strategic liquidity maneuver linked to institutional activity. Market data shows XRP trading within a tight consolidation range, with the altcoin having shed off 19.8% of its value in the past week to trade at $2.44 per CoinGecko data. Despite short-term uncertainty, on-chain metrics indicate consistent accumulation by long-term holders, suggesting that confidence in Ripple’s broader utility narrative remains intact. Therefore, the $42.1 million XRP transfer to Bitstamp has reignited market speculation, underscoring XRP’s unmatched liquidity and testing investor sentiment. Whether it marks strategic accumulation or large-scale distribution, one thing is certain that XRP remains a central force shaping institutional strategy and the evolving digital finance landscape. According to renowned crypto researcher SMQKE, global banks are increasingly positioning Ripple as their preferred path toward ISO 20022 readiness ahead of the November 2025 deadline. The upcoming transition, mandated across the global payments ecosystem, requires financial institutions to adopt a standardized, data-rich messaging format designed to enhance transparency, interoperability, and efficiency in cross-border settlements. ISO 20022 is more than a compliance update, it’s a structural transformation that compels banks to modernize outdated messaging and processing systems. As legacy infrastructure struggles to adapt to the new standard’s demands, Ripple’s blockchain-based technology is emerging as the fastest, most cost-effective alternative. By leveraging the XRP Ledger and RippleNet, institutions can streamline transactions while maintaining full regulatory alignment. As SMQKE notes, banks are under mounting pressure to achieve ISO 20022 compliance without disrupting daily operations. Ripple’s modular technology delivers a plug-and-play upgrade path that slashes costs, accelerates integration, and ensures seamless interoperability. With unmatched speed, low fees, and full transaction visibility, Ripple stands out as the most practical bridge between legacy systems and real-time, blockchain-powered settlement networks, just as the November 2025 deadline draws near. The $42.1M XRP transfer to Bitstamp spotlights whales and institutions steering market moves. While sparking short-term sell-off speculation, it underscores XRP’s deep liquidity and strategic role in the crypto ecosystem. On the other hand, Ripple’s push toward ISO 20022 integration positions it as more than a compliance tool, it’s a strategic accelerator for the future of global banking. With the November 2025 deadline approaching, banks are recognizing that blockchain is no longer experimental but essential infrastructure. Ripple’s proven interoperability, cost efficiency, and regulatory alignment make it the fastest, most practical path for seamless modernization. Read More
Get the best experience and stay connected to your community with our Spectrum News app. Learn More Continue in Browser Get hyperlocal forecasts, radar and weather alerts. Please enter a valid zipcode. Save COLUMBUS, Ohio — Ohio boaters can now apply online for dock slips at 16 state parks for the 2026 season through a lottery system operated by the Ohio Department of Natural Resources. The application period runs until 11:59 p.m. Oct. 31, 2025. "Ohio’s state park lakes and reservoirs are some of the most beautiful places to get out on the water," said ODNR Director Mary Mertz. "The boat dock lottery opens up more opportunities for people to enjoy these shared spaces, whether that means quiet mornings fishing or weekends spent with family and friends. By keeping the process simple and convenient, we’re making it easier for boaters to connect with the outdoor adventures waiting at our award-winning state parks." Dock slips are available at the following locations: Applicants must provide proof of watercraft ownership through a title and current registration. Boaters can submit multiple park applications, but only one application per household per park will be accepted. Selected applicants will be able to renew their dock rentals annually each spring for up to five years. Applications are available at the ODNR website.
Home » Crypto News Share: Share: The XRP Ledger (XRPL) ecosystem experienced steady growth and innovation in September 2025. This was marked by major product updates, compliance milestones, and community-driven developments. The monthly highlights were shared by Dan Fisher, Community Relations Manager at XRPL, via X. One of the month’s developments was Joey Wallet’s simplified onboarding guide, which streamlined access to XRPL for new users through integrations with MoonPay, First Ledger, and XRPCafe. XRPScan also introduced an amendment voting timeline to improve transparency in validator operations, such as the Token Escrow proposal, which provides details on voting. September also saw Xaman Wallet release version 4.2.1, removing the requirement for trustlines in token transfers. This update enables token sending via Checks without extra steps. Later in the month, it also added MoonPay Sell, completing fiat-to-XRP flows within the app and enabling buy and sell transactions in one platform. On the compliance front, the Credentials amendment went live, introducing decentralized identity features to the ledger. Ripple engineer Kenny Lei provided an educational breakdown on how this feature enables on-chain identity verification by allowing for regulated interactions between users and institutions. Chainalysis also expanded its support to all XRPL tokens, including IOUs and NFTs. In DeFi and gaming, XRPL Commons partnered with B3 and Peersyst to launch Gamechain, a gaming ecosystem on the XRPL EVM sidechain now live on testnet. The XRPL Commons Aquarium Residency also launched its seventh cohort focused on DeFi innovation, welcoming builders from 11 countries to develop new use cases on the ledger. Elsewhere, Ripple made headlines with a $25 million RLUSD donation to small businesses and veterans via the XRP Ledger. RippleX continues to push institutional adoption with an updated institutional DeFi Roadmap that includes lending protocols and private transactions. The community has also been active in September, with Krippenreiter releasing detailed threads explaining the ecosystem’s lending mechanics and the Permissioned DEX. There was also an ongoing community discussion about renaming the XRPL core software from rippled to xrpld to align with the ledger’s naming style. Additional product milestones included Anodos’s new in-app bridge that supports transfers between XRPL and other networks, and First Ledger’s creator rewards program for token projects that lowers the minimum trading volume threshold for Tier 1 eligibility from 100,000 XRP to 50,000 XRP. XRPL Commons also announced GLOW, a retroactive funding initiative to support developer contributions. The month concluded with XRP Seoul 2025, which brought together over 3,000 participants from more than 40 countries to discuss developments and opportunities within the XRP and XRPL ecosystem. Wayne is a dynamic part-time trader with an impressive eye for detail. His passion for understanding financial systems has led to an intriguing interest in blockchain technology, and he enjoys exploring and writing about cryptocurrencies. Possessing a keen intellect and diligent work ethic, he stays up-to-date on the latest industry trends, regularly sharing his insights in articles and professional presentations. Information found on CryptoPotato is those of writers quoted. It does not represent the opinions of CryptoPotato on whether to buy, sell, or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk. Full disclaimer
Get the best experience and stay connected to your community with our Spectrum News app. Learn More Continue in Browser Get hyperlocal forecasts, radar and weather alerts. Please enter a valid zipcode. Save COLUMBUS, Ohio — Ohio boaters can now apply online for dock slips at 16 state parks for the 2026 season through a lottery system operated by the Ohio Department of Natural Resources. The application period runs until 11:59 p.m. Oct. 31, 2025. "Ohio’s state park lakes and reservoirs are some of the most beautiful places to get out on the water," said ODNR Director Mary Mertz. "The boat dock lottery opens up more opportunities for people to enjoy these shared spaces, whether that means quiet mornings fishing or weekends spent with family and friends. By keeping the process simple and convenient, we’re making it easier for boaters to connect with the outdoor adventures waiting at our award-winning state parks." Dock slips are available at the following locations: Applicants must provide proof of watercraft ownership through a title and current registration. Boaters can submit multiple park applications, but only one application per household per park will be accepted. Selected applicants will be able to renew their dock rentals annually each spring for up to five years. Applications are available at the ODNR website.
The GIST: Only three days until the season tips off and the Las Vegas Aces are in hot water. Yesterday, the WNBA stripped the defending champs of their 2025 first-round draft pick and suspended head coach Becky Hammon for two games without pay after investigating former Ace Dearica Hamby’s allegations that she was bullied for being pregnant. The background: After being traded from Las Vegas to the LA Sparks in January, Hamby wrote that she was “lied to, bullied, [and] manipulated” due to her second pregnancy, which she announced during the Aces’ title celebration last September. Hamby said the team questioned her commitment, despite her plans to play this upcoming season. The response: The WNBPA released a statement expressing disappointment, saying the league’s decision “misses the mark” and stops short of showing teams that “respect in the workplace is the highest standard and a player’s dignity cannot be manipulated.” Zooming out: As the WNBPA noted in their release, this is the first time the league’s taken away a future draft pick. And it could really cost the Aces, especially as they already traded away their 2024 first-round pick — a tough spot to be in with a boatload of talent set to enter the W soon. Sign up for The GIST and receive the latest sports news straight to your inbox three times a week.
Bitfarms, Galaxy Digital, and HIVE Digital Technologies are the three Cryptocurrency stocks to watch today, according to MarketBeat’s stock screener tool. Cryptocurrency stocks are shares of publicly traded companies whose core businesses involve digital assets and blockchain technology—examples include crypto miners, exchange operators, and firms developing blockchain-based solutions. By buying these equities, stock market investors gain indirect exposure to the performance of the crypto sector without holding tokens directly. Compared with owning cryptocurrency itself, these stocks offer the familiar regulatory oversight, liquidity and trading mechanisms of traditional equity markets. These companies had the highest dollar trading volume of any Cryptocurrency stocks within the last several days.
Bitfarms (BITF)
Bitfarms Ltd. engages in the mining of cryptocurrency coins and tokens in Canada, the United States, Paraguay, and Argentina. It owns and operates server farms that primarily validates transactions on the Bitcoin Blockchain and earning cryptocurrency from block rewards and transaction fees. The company also provides electrician services to commercial and residential customers in Quebec, Canada. Read Our Latest Research Report on BITF
Galaxy Digital (GLXY)
Galaxy Digital Holdings Ltd. is a financial services and an investment management company, which engages in the digital asset, cryptocurrency, and block chain technology sectors. It operates through the following segments: Trading, Principal Investment, Asset Management, Investment Banking, Mining, and Corporate & Other. Read Our Latest Research Report on GLXY
HIVE Digital Technologies (HIVE)
HIVE Digital Technologies Ltd. operates as a cryptocurrency mining company in Canada, Sweden, and Iceland. The company engages in the mining and sale of digital currencies, including Ethereum Classic, Bitcoin, and other coins. It also operates data centers; and offers infrastructure solutions. The company was formerly known as HIVE Blockchain Technologies Ltd. Read Our Latest Research Report on HIVE
ARK Invest says bitcoin’s fundamentals, adoption trends and macro environment are aligning to support continued strength into the final months of 2025, even as cycle dynamics signal the need for caution. In its latest "Bitcoin Quarterly "report for the three months ended Sept. 30, Cathie Wood’s ARK Invest argues that bitcoin’s core fundamentals remain firmly intact. The firm notes that network activity, profitability levels and supply distribution all continue to reflect strong underlying demand, with long-term holders showing few signs of capitulation. ARK points to what it calls “bullish” on-chain positioning, with the majority of coins remaining in profit and held by investors with low spending propensity. This dynamic, it says, has historically coincided with sustained bull market phases and offers a favorable foundation for price performance as the fourth quarter begins. The firm also highlights the growing role of mid-sized investors, who have steadily added to their positions in recent months. This renewed accumulation, combined with a slowdown in large-holder selling, suggests a healthier and more organic rally structure than in previous market cycles, according to the report. ARK emphasizes that institutional adoption is continuing to expand at a rapid pace. Digital asset trusts and spot bitcoin exchange-traded funds now collectively hold about 12.2% of total supply — a record share that, in ARK’s view, underscores bitcoin’s deepening integration into traditional capital markets. The firm argues that this rising level of institutional participation provides a more stable demand base and increases the likelihood that bitcoin will be treated as a strategic portfolio allocation rather than a purely speculative asset. It also notes that regulated investment vehicles continue to absorb new supply, which could tighten available float and magnify the price impact of fresh inflows in the months ahead. Beyond on-chain and institutional metrics, ARK points to macroeconomic factors that could boost demand for bitcoin as 2025 draws to a close. Inflation pressures, according to the firm, remain contained, while signs of labor market weakness are prompting a gradual shift in Federal Reserve policy. ARK believes that this pivot — alongside government moves toward deregulation and tax reductions — could pave the way for “productivity-led growth,” an environment that has historically benefited risk assets, including bitcoin. This supportive backdrop, it argues, could reinforce the bullish signals already visible in on-chain data and market positioning. While the overall picture is positive, ARK cautions that timing remains an important variable. The firm warns that “cycle timing suggests caution,” as supply distribution and historical precedent point to the possibility of increased volatility later in 2025. That does not undermine the bullish thesis, but it suggests that price action may include periods of consolidation or sharper swings as the market digests its recent gains. In its summary of bitcoin’s outlook, ARK concludes that fundamentals and adoption remain robust, institutional ownership is growing and macro conditions are improving. These forces, it says, create a powerful setup for potential upside — even if investors should remain alert to how market cycles may shape the next phase of the rally. More For You Total Crypto Trading Volume Hits Yearly High of $9.72T Combined spot and derivatives trading on centralized exchanges surged 7.58% to $9.72 trillion in August, marking the highest monthly volume of 2025 What to know: More For You XRP Rebounds Sharply After 41% Flash Crash, Reclaims $2.47 Support The session’s $1.14 range — from $2.77 down to $1.64 — was one of the widest in XRP’s 2025 trading history, driven by macro-led deleveraging and heavy futures liquidations across major venues. What to know: Disclosure & Polices: CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. CoinDesk has adopted a set of principles aimed at ensuring the integrity, editorial independence and freedom from bias of its publications. CoinDesk is part of Bullish (NYSE:BLSH), an institutionally focused global digital asset platform that provides market infrastructure and information services. Bullish owns and invests in digital asset businesses and digital assets and CoinDesk employees, including journalists, may receive Bullish equity-based compensation.
