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XRP is catching retail skepticism again in a gauge that has historically proven profitable for contrarian bets.Data from Santiment shows the token’s bullish-to-bearish commentary ratio slipped under 1.0 twice in the past three days — October 4th (0.74) and October 6th (0.86) — levels that historically line up with fear-driven selling pressure.😮 XRP is seeing it’s highest level of retail FUD since Trump’s tariffs were announced 6 months ago. There have been more bearish comments than bullish for 2 of the past 3 days, which is generally a promising buy signal. Markets move opposite to small trader expectations. pic.twitter.com/flO7jjlo9m— Santiment…

Investment bank KBW initiated coverage of Gemini Space Station (GEMI) with a market perform rating and a $27 price target, describing the crypto exchange as a well-rounded digital asset platform poised for long-term growth.Nevertheless, wrote analyst Bill Papanastasiou, Gemini for now remains unprofitable and discounted valuation to competitor Coinbase is warranted “as the impact fromexecution and market risk is elevated.”KBW said Gemini’s ecosystem, spanning trading, custody, credit cards, staking, stablecoins, and tokenized equities, offers cross-selling potential as the crypto market expands.The bank highlighted Gemini’s credit card business as a key growth driver, noting that it has more than 100,000 users…

Galaxy Digital predicts that tokenized assets could grow by more than 5,600% in five years, driven by strong institutional interest.Mike Novogratz’s crypto firm Galaxy Digital sees a bright future ahead for tokenized assets.In a recent research report, “The Investable Universe 2.0,” the New York-based firm projects that tokenized assets could reach a $1.9 trillion market capitalization by 2030 under its base scenario, a 5,622% increase from their current $33 billion valuation, and as much as $3.8 trillion if adoption accelerates.Source: Galaxy, Bain, McKinsey, and BCGIn the report, Galaxy Digital explained that the valuation growth can be attributed to strong institutional…

IREN (IREN) shares continued to rally after announcing new multi-year AI cloud service contracts with leading AI companies for NVIDIA Blackwell GPU deployments. The company remains on track to surpass $500 million in annualized run-rate revenue (ARR) by the end of Q1 2026 from 23,000 GPUs in operation or on order.Contracts covering 11,000 GPUs have already been signed, representing around $225 million in ARR expected to come online by the end of 2025. With average two-year contract terms and revenue payback periods, IREN is scaling across its British Columbia campuses and Horizon 1 and 2 data centers in Texas, which…

S&P Dow Jones Indices, a division of S&P Global, plans to launch a new hybrid index that blends traditional equity markets with digital assets, offering a fresh option for investors looking to navigate the fast-changing crypto sector, the company announced Tuesday.The S&P Digital Markets 50 Index will track 35 publicly traded companies involved in crypto infrastructure, blockchain applications and financial services, alongside 15 cryptocurrencies drawn from S&P’s existing Broad Digital Market Index. The result is a cross-asset benchmark that captures the performance of both the firms building the digital asset ecosystem and the tokens driving it.Dinari, a platform that tokenizes…

Curaçao, Curaçao, October 6th, 2025, Chainwire In a strategic move bridging blockchain and cricket, BC.GAME News has signed on as the title sponsor of Deccan Gladiators — the three-time champions of the Abu Dhabi T10 League, for the upcoming 2025 season. The partnership marks another step in the ongoing convergence between Web3 brands and mainstream sports. With its logo taking center stage on the Gladiators’ jersey, BC.GAME News is tapping into one of cricket’s most dynamic properties — a team that has reached five finals in the past six seasons and secured titles in 2021, 2022, and 2024. The Abu…

Bitcoin has a 50% probability of surpassing $140,000 this month, according to simulations using data from the past decade, says economist Timothy Peterson.“There is a 50% chance Bitcoin finishes the month above $140k,” Peterson said in an X post on Wednesday. “But there is a 43% chance Bitcoin finishes below $136k,” he added. Bitcoin (BTC) would need to gain about 14.7% to reach $140,000 at its current price of $122,032, which has cooled after the original cryptocurrency set a new all-time high of $126,200 on Monday, according to CoinMarketCap.Peterson said the simulation shows “half of Bitcoin’s October gains may have already…

Although Bitcoin hit an all-time high both yesterday and the day before, ETF issuers are buying huge quantities. Over the last five business days, these firms acquired over $4 billion in BTC. Furthermore, TradFi firms like these issuers are leading the charge, while Web3-oriented digital asset treasuries are cooling off a little. This trend could provide valuable insights in an unpredictable market. ETF Issuers’ Purchasing SpreeBitcoin hit a new all-time high yesterday, which was unusual for a few reasons. This happened one day after BTC’s previous price record, and retail traders apparently showed little activity during this window. However, booming…

Data shows users on social media are the most bearish toward XRP in six months, a potential setup for a contrarian move in the asset. XRP Positive/Negative Sentiment Has Plunged Recently According to data from analytics firm Santiment, social media FUD around XRP has seen a spike recently. The indicator of relevance here is the “Positive/Negative Sentiment,” which tells us about how the bullish and bearish sentiments related to the coin compare on the major social media platforms. The metric works by first going through posts/messages/threads on these platforms to separate those that contain mentions of the asset. It then…

The Pi Network (PI) community is heating up after a major announcement revealed that new Decentralized Finance (DeFi) features are now live on the Testnet. With the cryptocurrency currently trading around $0.26 after crashing severely in the past few months, the report of new upgrades raises the question of whether these developments could trigger a strong enough comeback to spark a 900% rally back to $2.98.  Could Pi Network’s New DeFi Upgrades Spark A Rally?  Pi Network’s price faced a devastating correction over the course of eight months, plunging from its February peak of $2.98 to just around $0.26 today.…