XRP has retreated from recent highs, failing to sustain momentum above $2.65 and now trading below critical technical levels. The cryptocurrency faces significant resistance at $2.650 after breaking below both the 100-hour Simple Moving Average and a key bullish trendline, putting recent gains at risk as technical indicators turn bearish.
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October 27, 2025 | 18:44
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News from CAN
Generated 6 posts last week
News from CAN Bitwise Solana ETF Draws $69.5M in Debut, Outshines Rival
Bitwise Asset Management’s spot Solana ETF (BSOL) launched with explosive momentum, attracting $69.5 million in debut inflows that dramatically outpaced the $12 million drawn by Rex-Osprey’s competing Solana Staking ETF (SSK). The divergent performance signals strong institutional preference for BSOL’s direct exposure model and competitive 0.20% management fee, even as Solana’s price declined 3.1% to $194 on launch day, highlighting a potential decoupling between ETF demand and short-term price movements.
read moreBank of Korea Urged to Open Stablecoin Issuance to Non-Banks
The Kaia DLT Foundation is challenging the Bank of Korea’s proposal to restrict stablecoin issuance exclusively to banks. Foundation chair Dr. Sangmin Seo argues that both banks and non-banks should be permitted to issue won-denominated stablecoins, directly contradicting the central bank’s recent regulatory framework recommendations that favor traditional banking institutions for managing stablecoin risks.
read moreEthereum Price Correction: ETH Dips Below $4,000 Support
Ethereum has entered a significant downside correction after failing to sustain gains above $4,250, breaking below critical support levels and trading under $4,000 as technical indicators signal potential further declines. The cryptocurrency’s retreat from recent highs has market participants closely monitoring the $3,920 support level as a crucial threshold that could determine near-term price direction.
read moreXRP at Critical $2.82 Resistance: Final Dip Before Breakout?
XRP is currently testing a crucial resistance level at $2.82, creating a pivotal decision point for traders. The cryptocurrency’s failure to break through this ceiling suggests potential for one final downward wave before a major bullish cycle. Market analysts are closely watching whether XRP will experience a final dip or break out into a powerful upward movement.
read moreHanwha Aerospace Expands US Shipyard Despite China Sanctions
South Korean defense giant Hanwha Aerospace is defying geopolitical headwinds by pushing forward with expansion of its Philadelphia shipyard operations, even as China imposes sanctions on the company’s US-linked units. In an exclusive interview with Bloomberg TV, Global Chief Strategy Officer Alex Wong revealed the company’s dual strategy of pursuing American shipbuilding opportunities while actively diversifying supply chains away from China’s dominant position in critical materials like rare earths refining.
read moreDogecoin Fights to Hold $0.20 as Whales Dump 500M Tokens
Dogecoin is battling to maintain the crucial $0.20 support level as major investors accelerate selling and leveraged traders exit positions. The meme cryptocurrency faces mounting pressure from whale distributions and technical indicators turning bearish. Market participants are closely watching whether key support will hold or trigger a deeper correction.
read moreBitcoin Pullback Below $114K as Bears Challenge Rally
Bitcoin is experiencing a significant technical pullback after failing to sustain its recent rally above $116,000. The cryptocurrency has broken below crucial support levels including $114,200 and a key bullish trend line, trading below both $114,000 and the 100-hour simple moving average. With technical indicators turning bearish and critical support zones now being tested, traders are closely watching whether BTC can hold key levels or faces further downside pressure toward $110,000.
read more401(k) Reassessment Urged Amid Market Highs
With U.S. stock markets reaching new heights, financial professionals are urging 401(k) investors to conduct portfolio reassessments. While current conditions favor most retirement accounts, experts warn against complacency during periods of market strength. This presents an ideal opportunity for investors to evaluate their risk exposure and ensure their retirement savings are properly positioned for both continued growth and potential market volatility.
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