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Quick Take Summary is AI generated, newsroom reviewed. Ripple publicly submitted its national trust bank charter on October 23, 2025. Bank name: Ripple National Trust Bank; regulatory body: OCC. Public volume released; review phase starts 30-90 days. Legal counsel: Paul Hastings LLP, led by Josh Boehm and Dana Syracuse.References X Post Reference
- SOMI surged 303.41% in 24 hours to $0.4876 on Oct 22, 2025, amid sharp short-term volatility. - Recent trends show a 255.08% 7-day drop and 3153.18% monthly decline, contrasting with a 52.89% annual fall. - No specific catalyst was disclosed, but analysts suggest speculative activity or market positioning shifts may explain the surge. - Technical indicators show divergent patterns, with extreme volatility undermining traditional predictive tools. - Sustainability of the rally remains uncertain without cl
- USDCRON surged 16.04% in 24 hours to $4.369, reversing part of its 6.86% seven-day decline but remaining in a 481.38% annual downtrend. - Technical indicators show mixed signals: overbought RSI suggests near-term pullback, while MACD crossover hints at short-term bullish momentum. - Analysts caution the rally may be a temporary bounce, emphasizing long-term sustainability depends on structural demand shifts or project improvements. - Proposed backtesting frameworks aim to evaluate trading strategies arou
Bitcoin jumps to $111,500 as US CPI cools, boosting Fed rate cut chances to 99%. Altcoins ETH, XRP, and BNB gain 3-5% on softer inflation.
BitGo CEO Mike Belshe defends Binance founder CZ, clarifying he didn’t plead guilty to money laundering. CZ was pardoned by President Trump.
Quick Take Elon Musk’s SpaceX transferred $133.7 million worth of bitcoin on Friday. Earlier this week the company transferred nearly $270 million in bitcoin.
Quick Take Early Warning Services, which operates Zelle, has launched an initiative designed to explore international transfers using stablecoin technology.
- 11:05Ferrari plans to launch the digital token "Token Ferrari 499P"ChainCatcher reports that the world-renowned racing and sports car brand Ferrari has announced plans to launch a digital token called “Token Ferrari 499P,” allowing fans to bid for the Le Mans endurance race champion model Ferrari 499P. This token will be available to Hyperclub members, and holders will be able to trade with each other and participate in exclusive auctions.
- 09:29Data: A newly created wallet withdrew 276,030 LINK, worth $4.95 million, from a certain exchange.According to ChainCatcher, Onchain Lens has detected that a newly created wallet withdrew 276,030 LINK from an exchange, worth 4.95 million US dollars. Currently, this whale still holds 1,619,000 LINK.
- 09:11An address profited $675,000 from trading PING within two daysAccording to Jinse Finance, monitored by Lookonchain, trader 0xe688 made a profit of $675,000 from trading $PING in less than two days. Previously, the trader spent $89,000 to purchase 13.42 million $PING, then sold 6.72 million $PING for a profit of $377,000, and currently still holds 6.72 million $PING (worth $387,000), with a total profit of $675,000 (+759%).