Crypto News Today (Live Updates) October 9

Despite ongoing retail skepticism, over $1.1 billion worth of XRP has been accumulated by large holders, signaling renewed whale confidence. With XRP ETF optimism heating up, analysts suggest that a break above the $3.30 level could trigger a powerful rally, potentially sending XRP soaring by 60–85%. The growing institutional interest points to mounting momentum in anticipation of a possible XRP ETF approval.

Ripple is expanding its footprint in the Middle East, announcing a new partnership with FinTech Bay to strengthen blockchain adoption and education in the Kingdom of Bahrain . The collaboration will also support pilot projects within Bahrain’s growing digital asset ecosystem, paving the way for Ripple to offer its products to financial institutions in the country. This strategic move highlights Ripple’s continued global expansion and its commitment to advancing blockchain innovation in the region.

The latest FOMC Minutes reveal that most Federal Reserve officials believe it will be appropriate to ease monetary policy further later this year. However, a few members suggested they could have supported holding rates steady in September. Notably, some participants questioned whether the current policy stance is truly restrictive, hinting at growing internal debate over how much further rate adjustments may be needed to support economic stability.

Solana-based data company Helius has revealed plans to acquire at least 5% of Solana’s total supply, signaling strong confidence in the blockchain’s growth. The firm also hinted at expanding globally, stating that once market capitalization and regulatory conditions are favorable, its second listing will be in Hong Kong potentially within the next six months. This move underscores rising institutional interest in Solana’s rapidly evolving ecosystem.