Fireblocks has denied reports that it is negotiating a potential acquisition by Visa.

Today's Summary and Tomorrow's Events.

Ethereum has postponed the rollout of the Glamsterdam update on the Hoodi testnet due to compatibility issues with EIP-8037.

Chainlink has partnered with LG CNS to expand the market for Korean Won-pegged stablecoins.

Yesterday, spot Bitcoin ETFs experienced a net outflow of $635.6 million, while spot Ethereum ETFs saw a total net outflow of $110.6 million.

Yesterday, spot Bitcoin ETFs experienced a net outflow of $635.6 million, while spot Ethereum ETFs saw a total net outflow of $110.6 million.

The number of XRP holders has reached a new record, totaling 8.24 million, according to data from Santiment. This consistent growth persists despite recent months of price volatility. Over a single day, the network saw an addition of 4,772 new wallets—its fifth-largest increase since March. Analysts suggest that if XRP’s price remains above $1.40 and daily new wallet creation stays at or above 4,000, a rapid return to $1.50 appears probable. Conversely, should the price dip below $1.30 alongside a decline in new wallets to roughly 3,000, perceptions of adoption momentum may weaken in the near term.

The number of XRP holders has reached a new peak of 8.24 million, according to data from Santiment. This growth persists despite months of volatile price movements. The network also saw an influx of 4,772 new wallets in a single day—its fifth-largest increase since March. Analysts suggest that if XRP’s price remains above $1.40 while daily new wallet creation sustains at or above 4,000, a swift recovery toward $1.50 appears plausible. Conversely, should the price dip below $1.30 alongside a decline to under 3,000 new wallets daily, the outlook for short-term adoption remains uncertain.

Machi Big Brother resumes NFT sales. He has sold two Mutant Apes for one ETH, a purchase made three years prior, to fund ongoing trading activities on Hyperliquid and for paper trading. Originally, he paid 6.13 ETH and 7.5 ETH for the NFTs, totaling a loss of 11.28 ETH, equivalent to 85 percent.

Machi Big Brother has returned to the NFT market.

He sold two Mutant Apes for one Ethereum each, assets he originally acquired three years prior, in order to support trading activities on Hyperliquid and paper trading.

The initial purchase prices amounted to 6.13 ETH and 7.5 ETH respectively, culminating in a total loss of 11.28 ETH, an 85-percent decline.

Whale and Institutional Activity:

Since October 1, forty new wallets have withdrawn a total of 9,458 BTC, worth approximately $771.5 million, from Wintermute. Additionally, an early Bitcoin adopter who bought 3,000 ETH nine years ago sold the entire holdings today, realizing a profit of 128 times the initial investment, with the current value reaching $7.23 million.

Notice: Extension of trading caution period for #EGLD MultiverseX (EGLD) upbit.com #Upbit #Listing
⏱️ Time (UTC): 06:00:01.508

Today's cryptocurrency markets show mixed movements amid ongoing volatility. Bitcoin remains near recent lows, while alternative coins exhibit slight gains. Analysts caution that regulatory uncertainties continue to weigh heavily on investor sentiment. The digital asset landscape continues to be shaped by macroeconomic factors and institutional interest.

Today's cryptocurrency market update.

A tanker carrying 40,000 tons of Russian diesel fuel is en route to New York, following an agreement reached with former President Trump.

In a span of just two days, Kimchi has removed PumpFun from his biography, as documented on social media. Concurrently, PumpFun's revenue declined by 16 percent, decreasing from $1.61 million to $1.35 million. The platform also saw an 11 percent reduction in active addresses, dropping from 178,539 to 159,492. Meanwhile, Kimchi potentially secured approximately $1.35 billion, or $6.25 million, in PUMP through a recent marketing campaign.

Kimchi, the cryptocurrency token, received a hefty injection of 500 million tokens today, prompting the project to publish a related post, which was subsequently shared by another prominent figure, Alon. However, Alon later retracted his endorsement, and Kimchi's original announcement was deleted.

The market capitalization of #kimchi briefly soared to $14 million before crashing by more than 95%. Investigations revealed that a group of scammers employed several wallets to buy #kimchi at depressed prices, later offloading their holdings for a profit exceeding $385,000.

In the past five hours, a whale has purchased 4,000 Bitcoin (valued at approximately $327 million) across Binance and Deribit.

CYS Cysic has announced its plan to burn 7.2 million CYS tokens from the reserve fund by the end of October. The move aims to mitigate the impact of unauthorized emissions and to ensure alignment with the established tokenomics.

Tether has frozen $2.2 million in USDT related to a $16 million withdrawal from CoinDCX.

EtherFi has announced its acquisition of Zeal Wallet.