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XRP Holds $2.85 After 3% Swing as ETF Flows Meet Profit-Taking

XRP stabilized at $2.85 after initially rising to $2.91, as profit-taking capped further gains. Despite aggressive buying that pushed XRP to $2.91, the market witnessed significant sell pressure, resulting in a tighter trading range around $2.85 until the close. Analysts noted bearish divergences and rising reserves on Binance, suggesting caution ahead of a potential test of the $3.00 level. Over the past two days, XRP has attracted inflows exceeding $6 billion, driven by treasury adoption and speculative positioning, amid increasing regulatory scrutiny highlighting a lack of corporate buy orders on Binance. Traders are currently observing whether XRP can reclaim the $2.91 resistance and maintain upward momentum for a breakout above $3.00. The market remains on alert for developments related to Binance's 19% reserve increase and the effect of regulatory pressures on exchange behavior.

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BTC Kicks Off 'Uptober' With Break Above $116K as Crypto Equities Surge Pre-Market

On October 1, 2025, Bitcoin began the month with significant momentum, breaking through the $116,000 mark and reaching as high as $116,600, reflecting a 2% increase over the previous 24 hours. Ether also experienced a notable jump, rising nearly 4% to $4,287. The surge in Bitcoin occurred

The Crypto Perp DEX Mania May Quickly Fizzle Out: BitMEX CEO

BitMEX CEO Stephan Lutz cautions that the current excitement around decentralized exchanges (DEXs) like Hyperliquid and Aster may be short-lived, predicting that their incentive-driven models are too fragile to sustain in the long term. The perpetual DEX sector is experiencing intense competition, with new platforms surpassing previous leaders, indicating a

BNB Chain Regains Control of X Account Following Phishing Breach

The BNB Chain team has regained full access to its X account after it was compromised, leading to the posting of ten phishing links. Binance founder Changpeng Zhao warned followers not to click on the links, which falsely promised rewards for participating in a fake program. Despite the alarm, the

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