Crypto Gizz base.eth (zion08)

Canary Capital’s newly launched U.S. spot XRP ETF (XRPC) registered $58.6 million in first-day volume, far exceeding analyst expectations of $17 million. Yet the strong debut failed to stabilize XRP, as derivatives markets flashed stress signals. Roughly $28 million in XRP liquidations hit within 24 hours, with long positions accounting for nearly $25 million of the wipeout. Market analysts warn that institutional flows remain conflicted—ETF inflows show interest, but broader risk-off pressure continues suppressing crypto liquidity and momentum.

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Ripple partnered with Mastercard, WebBank, and Gemini for RLUSD settlement: This collaboration combines Ripple’s technology with Mastercard’s global payment network, WebBank’s banking infrastructure, and Gemini’s crypto expertise. The partnership enables faster, more efficient stablecoin transactions using RLUSD across traditional and digital financial systems.

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On Wednesday, Bitwise’s Chief Investment Officer Matt Hougan told Pedro Solimano that an XRP ETF could “easily become” a billion-dollar fund within its first handful of months. Steven McClurg, CEO of Canary Capital, which is expected to launch its XRP ETF in mid-November, is even more bullish. In August, he predicted investors will pour up to $5 billion into XRP ETFs within their first month of trading. That’s just a fraction of the $3.2 billion Bitcoin ETFs drew during their first month of trading, according to SoSoValue. Still, those predictions highlight the giddiness around altcoin ETFs.

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Google Is Testing an AI Model 700X More Powerful Than OpenAI's Flagship Chatbot. Google’s upcoming Gemini Pro 1.5 AI, which powers the free tier of its chatbot, can process 1.5 million tokens, a massive boost over the 128K that its rival and current version handles.

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