S&P Global has excluded Bitcoin (BTC) and XRP from its crypto index because these cryptocurrencies do not generate revenue, despite their large market caps. This change reflects a shift in the index's criteria, prioritizing revenue-generating projects over market capitalization alone. The exclusion has led to a drop in market confidence for XRP reaching a new all-time high by the end of 2026, with odds falling from 8% to 7%. Investors will be watching for further updates from S&P Global and any responses from Ripple or regulatory developments that could affect XRP's future.
Bitway (BTW) experienced the largest drop among major cryptocurrencies, falling 26.23% to $1.33 in 24 hours ending Oct. 30. Pearl (PEARL) also declined significantly by 11.27%. In contrast, Pepe (PEPE) led the gainers with a 6.65% increase. Overall, ...
A derivatives account reduced its Bitcoin short position by closing 660.4 BTC between 4:56 and 6:22 a.m. ET on October 30, at an average price of $77,663.88, worth about $51.29 million. The account still holds a remaining short position of 1,818 BTC ...
On October 30, XRP experienced the largest 24-hour decline in perpetual-futures open interest among five major cryptocurrencies, dropping 15.22% to $339.3 million. Bitcoin, Ether, Solana, and Dogecoin also saw decreases in open interest, ranging from...
Bitcoin's price fell to $77,520.39 with trading volume more than doubling, signaling increased market activity during the decline. Sentiment shifted into fear, with the Fear and Greed Index dropping to 30, while exchange outflows and rising active ad...
Prediction-market odds show a significant decline in XRP reaching $2 by year-end, falling from 29% to 20.5% in one day. Bitcoin's chances of hitting $100,000 by year-end stand at 14%, with a low 2% chance of reaching $87,500 by October's end. Ethereu...
