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Crypto

XRP rebound fails to lift investor sentiment as pessimism spreads in crypto communities

Investor sentiment toward XRP has fallen to its lowest level in a month, with pessimism dominating crypto communities. Santiment put the ratio of positive to negative comments at 0.67, while Ethereum\'s bullish-to-bearish comment ratio slipped to 0.89. Disappointment over stagnant prices has fueled gloom even as XRP Ledger posted institutional adoption gains. Santiment said extreme bearishness could be a contrarian signal, though sentiment can shift quickly.

Crypto

Bitcoin spot ETFs post $6.34 billion net inflows in third quarter, biggest this year

Bitcoin spot exchange-traded funds recorded net inflows of $6.34 billion in the third quarter, the largest quarterly total this year, Cointelegraph reported. Bitcoin rose 42.71 percent over the same period, its strongest third-quarter return since 2017. The funds had seen about $5.0 billion of net outflows in the second quarter. Ethereum spot ETFs posted $3.05 billion of net inflows, while XRP, Solana and Zcash spot ETFs also drew fresh money.

Crypto

Ripple unlocks 1 billion XRP from escrow; focus on how much will enter the market

Ripple unlocked 1 billion XRP from escrow at the start of October. Blockchain outlet U.Today reported the release was carried out in four transactions, with markets watching how much Ripple will place back into escrow within 24 hours. The unlocked amounts were split into 400 million, 200 million, 300 million and 100 million XRP. Ripple has typically re-escrowed a large portion of monthly releases, using the remainder for operations and ecosystem support.