Altcoin News: Bitcoin, XRP, Solana, ADA Hold Flat as Google’s Quantum Breakthrough Rekindles Old Crypto Fears
October is on track to deliver the weakest gains for investors since 2015, despite being a historically bullish month.
Key Takeaways
Bitcoin (BTC) held steady around $109,000, showing little volatility after last weekend’s $19 billion in liquidations.
Ether (ETH), Solana (SOL), XRP, and Cardano (ADA) also traded flat, mirroring the broader market’s cautious tone.
Google’s quantum computing milestone briefly revived old fears about Bitcoin’s long-term cryptographic security.
Traders rem

Ethereum News: BlackRock’s Ethereum ETF Sees $111 Million in Ethereum Purchases Amid Renewed Institutional Demand
BlackRock clients purchased approximately $111 million worth of Ethereum (ETH) on October 22, signaling renewed institutional appetite for the second-largest cryptocurrency as inflows into spot and futures-based ETH ETFs continue to fluctuate.
Key Takeaways
$111 million in ETH purchased through BlackRock’s Ethereum ETF products on Oct. 22.
The move underscores growing institutional adoption of Ethereum following ETF approvals.
Flows remain mixed, reflecting shifting sentiment among

Ethereum News: Quantum Solutions Adds 2,000 ETH, Becomes 11th-Largest Ethereum Treasury Company
Tokyo-based Quantum Solutions has expanded its Ethereum holdings, strengthening its position among the world’s largest corporate crypto treasuries. The company’s latest acquisition cements its status as the No. 2 digital asset treasury (DAT) outside the United States.
Key Takeaways
Quantum Solutions purchased 2,000.13 ETH for $7.85 million on Oct. 21 via its Hong Kong subsidiary, GPT Pals Studio.
Total Ethereum holdings now stand at 3,865.8 ETH, valued at $15.1 million.
The company ranks as the 11th

Vanguard Group Increases Holdings in Bitcoin Financial Firm Strategy
Vanguard Group's Information Technology Index Fund ETF has increased its holdings in Bitcoin financial company Strategy. The fund has acquired additional shares worth $11.2 million, bringing its total holdings to 1.7 million shares of MSTR, valued at over $489.2 million.

UK Government and OpenAI Expand Data Hosting Agreement
UK government has reached an agreement with OpenAI to broaden the scope of data hosting. This development marks a significant step in enhancing data management capabilities between the two entities.

JPMorgan Predicts Gold Prices to Surge Amid Fed Rate Cuts
JPMorgan has identified gold as its top long-term investment for this year. The financial institution anticipates that the ongoing cycle of interest rate cuts by the Federal Reserve will provide further upward momentum for gold prices. JPMorgan projects that by 2028, the price of gold could reach $6,000.

JPMorgan Predicts Gold Prices to Surge Amid Fed Rate Cuts
JPMorgan has identified gold as its top long-term investment for this year. The financial institution anticipates that the ongoing cycle of interest rate cuts by the Federal Reserve will provide further upward momentum for gold prices. JPMorgan projects that by 2028, the price of gold could reach $6,000.

Ripple Co-Founder Chris Larsen Profits from XRP Sales Amid Market Trends
Ripple co-founder Chris Larsen has realized significant profits from his XRP sales, totaling $764,209,610 since 2018. This development comes as XRP faces potential further losses, with Larsen continuing to cash out his XRP holdings. Analyst J. A. Maartunn from CryptoQuant highlighted Larsen's tendency to sell near local highs, a pattern that has drawn both criticism and understanding from the market. While some view Larsen's actions as strategic profit-taking, others accuse him of deliberately offloading at peak prices. M

Spot Gold Surpasses $4,140 per Ounce with Over 1% Daily Increase
Spot gold prices have surged past $4,140 per ounce, marking an increase of over 1% within the day. This significant rise highlights the ongoing fluctuations in the precious metals market.

Turkey Leads MENA Crypto Market with Speculative Trading Surge
#Turkey has emerged as the dominant player in the Middle East and North Africa (MENA) crypto market in 2025, surpassing other major markets such as the United Arab Emirates (UAE) with significant transaction volumes. Turkey recorded nearly $200 billion in annual crypto transactions, far exceeding the UAE's $53 billion, which is almost four times smaller. This surge in Turkey's crypto activity is attributed more to speculative trading rather than sustainable adoption, as highlighted by Chainalysis in their latest regional report.
Tu

Fidelity Digital Assets Expands Support to Solana Token
Fidelity Digital Assets, a subsidiary of Fidelity Investments, has announced its support for the custody and trading of Solana tokens. This development marks an expansion of the company's digital asset offerings, allowing clients to engage with Solana's growing ecosystem.

U.S. Unemployment Data Release Delayed Due to Government Shutdown
The release of the U.S. initial jobless claims data for the week ending October 18 has been postponed. The data, originally scheduled for release at 8:30 PM UTC+8, has been delayed due to the ongoing U.S. government shutdown. This delay affects the timely dissemination of important economic indicators, which are closely monitored by analysts and policymakers.

Propy Expands with $100 Million Investment and AI Escrow Agent
Real estate tokenization company Propy has announced a $100 million expansion plan, introducing an AI escrow agent named Agent Avery for real estate transactions. The company is acquiring title companies through a hybrid financing model that combines private credit and blockchain-based DeFi loans.
Propy is also enhancing its advisory board by appointing Chris Campbell, former Assistant Secretary of the U.S. Treasury, and Mike Jones from Science Inc. They will join Michael S. Piwowar, a former U.S. Securities and Exchange Commission

Hao Tian International Acquires 646 ETH in Open Market
Hong Kong-listed company Hao Tian International has announced the acquisition of 646 ETH through open market transactions. The purchase amounted to approximately $2.71 million, excluding transaction costs.
#ETHReboundSoon? $ETH

Federal Reserve Expected to Halt Balance Sheet Reduction This Month
Strategists from JPMorgan Chase and Bank of America anticipate that the Federal Reserve will cease its reduction of the approximately $6.6 trillion balance sheet this month. This process, aimed at withdrawing liquidity from financial markets, is expected to conclude earlier than initially planned. The banks have revised their forecasts due to the recent rise in borrowing costs in the U.S. dollar funding market. Previously, they had projected that the balance sheet reduction, which began in June 2022, would continue until Decem

Crypto Industry Mergers Surpass $10 Billion in Third Quarter
The third quarter of 2025 saw a significant milestone in the cryptocurrency industry, with mergers and acquisitions exceeding $10 billion for the first time. This marks a more than 30-fold increase compared to the same period last year, as reported by Architect Partners. A notable transaction was FalconX's acquisition of 21shares, highlighting a broader trend of cryptocurrency experts entering traditional investment channels through regulated products. U.S. President Donald Trump's policies have spurred a wave of mergers and acquisit