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“Uptober”, the nickname for the traditionally bullish tenth month, has usually been associated with Bitcoin (BTC) rallies, but analysts are now paying attention to what comes after the flagship crypto’s moves. In particular, Andrei Grachev, Founding Partner at Falcon Finance, notes that while strong BTC performance in October has historically sparked capital rotation into altcoins and decentralized finance (DeFi) protocols, this year appears to be different, as the flow encompasses stablecoin yield products and tokenized real-world assets (RWAs) as well. “Uptober has always been framed around Bitcoin’s rally, but the real story is what happens after Bitcoin moves. Historically, when Bitcoin climbs in October, capital rotates into other parts of the market — altcoins, DeFi protocols, and now tokenized assets. This year is different because the ecosystem includes stablecoin yields and real-world assets,” Grachev told Finbold.  More yield for retail investors ...

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Ripple’s native token XRP briefly breached the market cap of leading banking giant Citigroup late Sunday. The development indicates that the digital assets sector is growing and challenging the traditional order. Funds worth billions of dollars are entering the cryptocurrency sector, and are aiming to stand on the same stage as the stock market. Here’s What Happened With XRP and Citigroup’s Market Cap Source: CNN XRP’s market cap hit a new all-time high of $183.62 billion late Sunday, compared to Citigroup’s $183.06 billion. Therefore, XRP’s market cap went ahead of Citigroup by $560,000,000 ($560 million) late Sunday. The progress shows that fintech firms can move beyond established financial giants in market cap. Also Read: The XRP Price Thought Ladder: $100, $1,000, $100K, $1M+ It’s a U-Turn on Monday Source: Watcherguru After XRP breached Citigroup’s market cap, things took a U-turn on Monday morning. The Ripple’s native token fe...

Gautam Adani, the Indian billionaire facing securities violations charges, has been cleared by India’s market regulator of FCPA violations. The Adani Group saw its financial markets standing improve after confirming no foreign corruption charges against its founder. Also Read: Can Dogecoin (DOGE) Surge To $2 in December 2024? The Role of India’s Market Regulator and Its Impact on the Adani Group and Financial Markets Legal Classification and Market Response Adani Green Energy Ltd told India’s market regulator that Gautam Adani only faces securities fraud charges. No bribery charges were filed. The financial markets in India welcomed this news. Adani Enterprises rose 8.3%, while Adani Green jumped 10%. These securities violations charges carry lighter penalties than bribery accusations, according to the official filing. Also Read: Russia Officially Recognizes Bitcoin & Crypto As Property Regulatory Oversight and Impact India’s market regulator played a key role as...

The impact of the ongoing US elections is already showing its effect on the world’s financial markets. As the uncertainty regarding who will become the next president of the US looms over, Bitcoin has shown a positive response to the development, rising to touch an all-time high of $75K. With the experts busy forecasting new price levels for BTC, the token can easily claim $100K in the midst of this, with an analyst delivering an exact timeline for the event to unfold. Also Read: BRICS Give Update on Payment System: Target US Dollar in 2025 BTC To Claim $100K Crypto Rover, a noteworthy crypto analyst, has once again shared his view on Bitcoin’s positive price trajectory shortly. The expert shared how the current US elections play a vital role in determining the future pace of BTC. In one of his recent posts, the Analysis outlined how Bitcoin is poised to touch $100K, especially if Trump emerges as the ultimate winner and becomes the next US president. The analyst quickly provided a ti...