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A legal expert has criticized regulators for what he sees as a persistent bias against XRP, following the rapid approval and launch of several new cryptocurrency exchange-traded funds (ETFs). Specifically, pro-Ripple lawyer Bill Morgan expressed frustration after it emerged that spot ETFs for Solana (SOL), Litecoin (LTC), and Hedera (HBAR) had been cleared to begin trading on major U.S. exchanges. I had a strong feeling XRP Spot ETFs would not be next. There are always delays when it comes to XRP. Always held back. https://t.co/7Vhzi6Cesv — bill morgan (@Belisarius2020) October 27, 2025 Altcoin spot ETF trading  His October 28 comments came in response to announcements from Canary Capital and Bitwise, both confirming that their spot cryptocurrency ETFs had become effective and would list imminently despite the ongoing U.S. government shutdown. According to Bitwise, its Solana Staking ETF (BSOL), the first of its kind, is now trading on the New Yor...

Mt. Gox has pushed back its bitcoin (BTC) repayments deadline yet again, extending the wait for some creditors to more than a decade after the exchange’s collapse. The latest postponement is the third year in a row that the Rehabilitation Trustee has kept creditors waiting. They now have a new deadline of October 31, 2026. As to why these repayments won’t be carried out on time, the notice explains that “many rehabilitation creditors… have not completed the necessary procedures.” It adds, rather unhelpfully, that others’ delays are “due to various reasons, such as issues arising during the Repayments process.” But looking at BTC’s price chart over that time, the Rehabilitation Trustee may actually be doing creditors a favor . Read more: Mt. Gox to start creditor repayments next month, asks users to ‘wait a while’ Repay or delay? Creditors approved a rehabilitation plan on October 20, 2021. At the time, BTC was at around $65,000 on its way to the ...

The global cryptocurrency market is witnessing a sharp rebound on renewed optimism over a potential U.S.–China trade breakthrough. Specifically, within just 24 hours, total market capitalization surged from $3.69 trillion to $3.84 trillion, adding roughly $150 billion in value. Crypto market cap chart. Source: CMC Several assets have been at the forefront of this momentum. For instance, as of press time, Bitcoin (BTC) had climbed 1.54% to $113,566, while Ethereum (ETH) followed with a 3.39% rally to $4,076.  Solana (SOL) rose 2.49% to around $198, BNB (BNB) gained 1.91% to $1,135, and XRP joined the uptrend with a 2.70% increase to $2.65. Top crypto market gainers. Source: Finbold Why crypto market is rallying  The surge came after significant developments in Beijing and Washington, where China’s Vice Minister of Commerce announced that both nations had reached a “consensus” on key trade issues. The discussions reportedly covered export control...

BRICS member China has pressed the accelerator on de-dollarization as lending in the Chinese yuan surges. China’s push for the yuan is working as trade and investments are moving away from the US dollar-based system and are entering into a multipolar world. The country’s exposure to the US dollar is declining as businesses are considering the yuan. The latest data from the Financial Times shows that deposits and bond investments by Chinese banks quadrupled to Rmb3.4tn ($480 billion) in five years. The development shows that the US dollar is no longer the central figure of trade and commerce. The BRICS de-dollarization agenda is working, despite its scale being smaller, while Chinese yuan settlements have doubled. Also Read: BRICS Speeds Up Dollar Selling, Chinese Firms Offload $51.8 Billion Source: SWIFT, Wind Exporters and importers in China are now using the Chinese yuan in settlements, the highest since December 2020. The move supports the BRICS de-dollarization agenda an...

Hyperliquid (HYPE) rallied sharply over the last 24 hours, outperforming most major cryptocurrencies. Notably, the price of HYPE surged 8%, rising from a low of $34.87 to as high as $39.06. With 336.7 million tokens in circulation, Hyperliquid’s market cap reached about $13.1 billion. HYPE daily price chart (24H). Source: Finbold Amid the rally, the daily trading volume surged over 15%, exceeding $691.2 million, according to CoinMarketCap data. Meanwhile, the price of Bitcoin (BTC) and Ethereum (ETH) recorded brief spikes — 1.07% and 0.8% respectively — at the time of Analysis . What’s behind HYPE’s price rally The token’s price rally aligns with a strategic corporate move aimed at advancing the Hyperliquid ecosystem through a “leading HYPE treasury strategy.” On October 22, a merger-stage entity, Hyperliquid Strategies Inc. (HSI), filed an S-1 registration with the U.S. SEC, stating plans to raise $1 billion by offering up to 160 million shares ...

BRICS member Ethiopia is in talks with China to convert its $5.38 billion worth of loans from the US dollar into the Chinese yuan. Ethiopia owes China $5.38 billion and plans to settle the payments in yuan-denominated loans. The move would bolster the local currency, giving it more strength in the forex markets. Eyob Tekalign, Ethiopia’s central bank Governor, is in discussions with BRICS member China for a potential swap to pay off loans in the Chinese yuan. Paying in the yuan-denominated loans helps Ethiopia save millions in foreign exchange rates. Paying in the US dollar is a costly affair, and converting the payments to yuan is cheaper. For context, BRICS member India saved close to $7 billion in foreign exchange rates for procuring oil in local currencies. Also Read: What The BRICS Currency Union Means for the US Dollar and Markets BRICS: US Dollar Loans To Be Converted Into Chinese Yuan Source: kitco.com / Shutterstock China is making all moves to internationalize the Chines...

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