Hyperbot data shows that the "whale holding the bag" continues to increase its short positions in ETH, with the current position valued at $28.316 million and a liquidation price of $3,398.

Key Takeaways:The U.S. dollar (USD) briefly dropped to 153.54 against the Japanese yen (JPY) in short-term trading.The move reflects market reaction to hawkish signals from the Bank of Japan (BOJ).BOJ officials suggested they may continue raising interest rates once their economic target forecasts are met.USD/JPY Slides as Yen Strengthens on BOJ OutlookAccording to ChainCatcher, the USD/JPY pair declined nearly 10 points in a short-term move, with the pair currently hovering around 153.54.The yen’s strengthening comes as the Bank of Japan maintains a cautious but firm stance toward tightening monetary policy.BOJ Hints at Further Rate IncreasesBOJ policymakers indicated that further rate hikes remain possible once inflation and economic growth targets are achieved.This hawkish tone contrasts with the more dovish approach from other major central banks, signaling Japan’s gradual exit from its ultra-loose monetary policy.Market ReactionTraders reacted swiftly to the BOJ’s comments, pushing the yen higher and prompting short-term volatility in foreign exchange markets.Analysts note that continued yen appreciation could influence global carry trades and indirectly affect risk assets, including equities and cryptocurrencies.

Key Takeaways:Franklin Templeton has submitted an updated S-1 prospectus for its proposed Franklin XRP Trust.The update simplifies key legal language under Section 8(a) of the Securities Act of 1933, signaling regulatory readiness.Bloomberg ETF analyst James Seyffart suggests the move indicates the trust’s registration could take effect soon, possibly leading to a launch later this month.Franklin Templeton’s XRP Trust Nears Launch ReadinessFranklin Templeton has filed an updated version of its Franklin XRP Trust prospectus with the U.S. Securities and Exchange Commission (SEC), according to Bloomberg analyst James Seyffart.The revisions reportedly simplify technical wording under Section 8(a) of the Securities Act — a step often taken before a fund becomes effective for public offering.Market analysts view this as a sign that the XRP-based investment product could be approved and launched within weeks, further expanding the lineup of institutional-grade crypto trusts alongside Bitcoin and Ethereum products.Growing Institutional Demand for XRPThe filing comes amid renewed interest in XRP-linked financial instruments, following momentum from recent spot crypto ETF approvals and institutional diversification trends.If approved, Franklin Templeton’s product would mark a significant milestone — potentially becoming the first major XRP trust managed by a top-tier global asset firm.Analyst OutlookAccording to Seyffart, the timing and nature of the amendment suggest that the registration statement is nearing effectiveness, a procedural milestone that often precedes launch within days or weeks.This aligns with Franklin Templeton’s broader strategy to expand its digital asset offerings, positioning itself as one of the few legacy investment firms pursuing exposure beyond Bitcoin and Ethereum.

Bitcoin’s bull run may be running out of steam. The world’s largest cryptocurrency has fallen back below the crucial $100,000 support line, triggering fresh fears of a deeper correction.

On-chain data monitoring shows that the "whale holding the order" has increased its short position in Ethereum by 25 times to 6,000 ETH, with a position value of approximately $19.7658 million. Currently, it has a floating profit of approximately $52,400, and the liquidation price is $3,466.65.

According to Odaily, analyst Willy Woo has stated that Michael Saylor's company, Strategy (MSTR), will not need to sell any of its Bitcoin reserves to repay its debt during the next significant cryptocurrency market downturn. The company's debt primarily consists of convertible senior notes. Strategy has the option to repay its convertible debt due in cash, common stock, or a combination of both. Strategy faces approximately $1.01 billion in debt maturing on September 15, 2027. To avoid selling Bitcoin for debt repayment, the company's stock must trade above $183.19. Woo added that this price roughly corresponds to a Bitcoin price of around $91,502, assuming a market net asset value (mNAV) of 1.

Thailand's Finance Minister: Regulations on cryptocurrency, gold, foreign exchange, and cash transactions will be strengthened. (Jinshi)

Analyst Willy Woo stated that Michael Saylor's Strategy (MSTR) will not need to sell part of its Bitcoin reserves to pay off debt in the event of the next significant cryptocurrency market downturn. Strategy's debt primarily consists of convertible senior notes. The company can choose to repay maturing convertible debt with cash, common stock, or a combination of both. Strategy has approximately $1.01 billion in debt maturing on September 15, 2027. To avoid needing to sell Bitcoin to repay debt, Strategy's stock price must trade above $183.19. He added that this price roughly equates to a Bitcoin price of around $91,502, assuming an mNAV of 1. (CoinDesk)

The global cryptocurrency market cap now stands at $3.45T, down by -3.96% over the last day, according to CoinMarketCap data. Bitcoin (BTC) has been trading between $98,944 and $104,843 over the past 24 hours. As of 09:30 AM (UTC) today, BTC is trading at $101,875, down by -1.94%. Most major cryptocurrencies by market cap are trading mixed. Market outperformers include MMT, GIGGLE, and XNO, up by 1165%, 157%, and 59%, respectively. Market movers: ETH: $3307.4 (-5.26%) BNB: $948.73 (-0.13%) XRP: $2.2324 (-1.35%) SOL: $156.69 (-1.83%) TRX: $0.2867 (+2.28%) DOGE: $0.16381 (-0.72%) ADA: $0.5317 (-1.65%) WBTC: $101898.44 (-1.92%) WLFI: $0.1169 (+6.08%) BCH: $483.7 (-2.70%) Top gainers on Binance: MMT/USDT (+1165%) GIGGLE/USDT (+157%) XNO/USDT (+59%)

Foxconn reported NT$2. 06 trillion ($67. 7 billion) in Q3 revenue, with October sales rising 11. 3% year-over-year. source: https://www.cryptopolitan.com/foxconn-sees-11-sales-surge-in-q3/

Bitcoin and Ether ETFs record fifth consecutive day of outflows. Solana funds attract inflows despite broader crypto market weakness. Bitcoin stabilises near $100,000 after a sharp correction earlier this week. Spot Bitcoin and Ether exchange-traded funds (ETFs) saw significant capital withdrawals on Tuesday, marking their fifth consecutive day of outflows source: https://coinjournal.net/news/bitcoin-and-ether-etfs-record-fifth-consecutive-day-of-outflows-as-crypto-prices-remain-under-pressure/

Forward Industries announced a $1 billion share buyback and filed a resale prospectus with the US SEC to strengthen investor confidence.

The era of private currencies, which can be spread globally and are unstoppable, has quietly arrived.

OKX, Interview with OKX C2C Merchants Episode 01 | Why I Chose to Become a "Frozen Compensation" Merchant. Golden Finance, Understanding the Value and Services of OKX C2C from Scratch.

Days after a false rumor surrounding Binance founder Changpeng “CZ” Zhao which have cause a mass liquidation of the ASTER token which resulted in a 16% price freefall, the Binance founder is coming forward with a grand gesture to regain the trust of its users.

Hong Kong, Cryptocurrency, Policy, Hong Kong Securities and Futures Commission Makes a Big Move: Is It Really Going to "Loosen Restrictions" on Virtual Currencies? (Part 1) Golden Finance, To Readers: A Small Step by the Hong Kong Securities and Futures Commission.

Apple is developing its first low-cost Mac laptop, priced between $599 and $699, aimed at students, casual users, and budget-conscious buyers. The device will use an A-series iPhone chip, have a smaller display, and target Chromebooks, Windows laptops, and entry-level iPad users.

Some profound and irreversible structural changes have already quietly taken place amidst this clamor.

A $10 million Chinese AI model has outperformed OpenAI’s multibillion-dollar ChatGPT in an autonomous crypto trading showdown — marking a stunning upset in the rapidly evolving race for artificial intelligence supremacy.

The crypto industry is no longer what it once was; it's sick, old, and even terminally ill. Only by starting from scratch and initiating an on-chain narrative driven by technological innovation can everything be restored.