New $XRP Wallet Receives 82.3 Million Tokens Worth $106 Million in Single Transfer. A newly activated XRP wallet received 82,314,668 XRP worth more than $106 million on October 20. Nearly 12 hours later, it still held the entire amount, with no recorded outflows. The sending address retained approximately 142.7 million XRP worth $184 million after the transfer. The sending address has repeatedly received XRP from another wallet linked to Binance, with large transfers between the addresses dating back to November 2025. However, the identity of the wallet owners remains unknown. The latest transfer could involve a large investor moving funds or Binance shifting assets between wallets, but the available records do not confirm either explanation. thecryptobasic.com/2026/10/2…

Cerebras Systems (NASDAQ: $CBRS) Stock Falls 3.46% as TD Cowen Cuts Price Target by $100. Cerebras shares fell 3.46% to $116.48 in Tuesday’s premarket trading after TD Cowen cut its 12-month price target from $275 to $175 while maintaining a Buy rating. The stock lost about 15.1% over two sessions and traded below its $185 IPO price. Despite the reduction, TD Cowen’s revised target remains roughly 50% above the premarket price. The cut comes amid questions about Cerebras’ role in powering OpenAI’s latest high-speed AI service. SemiAnalysis reported that GPT-6.1 Sol Ultrafast runs on Nvidia GPUs, but neither company has confirmed the hardware supplier. OpenAI has committed to purchasing 750 megawatts of Cerebras computing capacity through 2028, while Cerebras reported $25.4 billion in remaining performance obligations as of June 30. thecryptobasic.com/2026/10/2…

CoreWeave (NASDAQ: $CRWV) Stock Falls 4.17% as HSBC Maintains $39 Target Amid Debt Concerns. CoreWeave shares fell 4.17% to $58.57 in Tuesday’s premarket trading after HSBC maintained its Reduce rating and $39 price target, implying 36.5% downside from Friday’s $61.39 close. The bank warned that rising borrowing costs and weaker AI computing demand could pressure profitability. The stock had already dropped 25.2% last week, while Monday’s trading volume reached about 101 million shares, more than three times its three-month average. HSBC estimates CoreWeave’s 2027 annual revenue per megawatt at $12 million, below the $17 million–$18 million projected for larger cloud providers. However, Goldman Sachs upgraded the stock to Buy, arguing that investors may be overstating financing risks and underestimating future returns. CoreWeave reported a $104.2 billion revenue backlog as of June 30, excluding more than $25 billion in additional net customer commitments secured early in the third quarter. thecryptobasic.com/2026/10/2…

$XRP Whale Outflows on Binance Hit 5-Year Low. XRP’s 90-day average whale outflows on Binance have fallen to $49.7 million, their lowest level since October 2021. This marks a sharp decline from $3.5 billion in February 2025, when XRP traded near its cycle peak of $3.30. The drop suggests large holders have significantly slowed their withdrawals from Binance, potentially reflecting weaker accumulation activity. XRP is now trading around $1.30, down about 61% from its peak, while roughly 60% of circulating supply has a realized price near $1.48, potentially creating selling pressure as the price recovers. A move above $1.65 alongside stronger buying could improve the outlook, while a break below $1.27 may expose XRP to further losses. However, lower whale outflows alone do not confirm that large holders have stopped accumulating. #Ripple thecryptobasic.com/2026/10/2…

Analyst Tony Warns #Cardano ($ADA) Could Fall to $0.19 After Rejection at $0.23. ADA rallied from around $0.14 in late June to $0.28 in early October before reversing lower. It now trades near $0.2163, with Tony’s chart suggesting a possible retest of $0.19 support, followed by a rebound toward $0.22. Meanwhile, ADA recorded $480,000 in liquidations over 24 hours, including $423,060 in long positions and $57,350 in shorts, as broader crypto liquidations exceeded $160 million. Reclaiming $0.23 could strengthen ADA’s recovery prospects, while a decisive break below $0.19 could expose it to further losses. thecryptobasic.com/2026/10/2…

$XRP Risks Falling to $1 After Losing 50-Day Moving Average, Analyst 360Trader Warns. At the time of his analysis, XRP was trading near its 200-day moving average at approximately $1.28. A breakdown below this level could expose a fair value gap extending toward $1.00, where the analyst said he would consider accumulating more XRP. Other analysts have also warned of further downside, with XRP recently trading at $1.29. Reclaiming $1.37 could improve its outlook, while a move above the weekly 50-period moving average near $1.49 would strengthen recovery prospects. Despite the short-term risks, analysts remain hopeful about the broader crypto market's long-term potential. #Ripple thecryptobasic.com/2026/10/2…

Elon Musk’s AI chatbot, Grok Calls #Cardano Founder Charles Hoskinson’s Tech Ideas “Light-Years Ahead”. Grok agreed with a Cardano supporter who described Charles Hoskinson’s latest ideas as being far ahead of their time. One of Hoskinson’s recent projects, Quinelings, turns computer programs into digital creatures that can move, grow, reproduce and evolve in a simulated environment. Developers can inspect the code behind each creature to understand how it behaves. Quinelings could help developers experiment with code and explore new ways to build AI workflows. Hoskinson has made the project’s code available on GitHub. He also recently revealed plans for a new programming language for Cardano, although it remains unclear whether the two initiatives are connected. thecryptobasic.com/2026/10/2…

Evernorth Teases Special Announcement at #Ripple Swell 2026. #XRP Evernorth, the XRP treasury company backed by Ripple hinted at a special announcement ahead of the conference scheduled for October 27–29 in New York City. The company teased the news on X but did not reveal any details. Evernorth recently went public on Nasdaq under the ticker XRPN. The event will bring together financial institutions, blockchain developers and crypto industry leaders to discuss XRP Ledger developments, tokenization and stablecoins. Evernorth’s announcement could relate to its XRP treasury business or the wider XRPL ecosystem, but the company has not confirmed what it plans to reveal. thecryptobasic.com/2026/10/2…

#Cardano Founder Charles Hoskinson Rejects Calls to Compensate SecondFi Hack Victims. Cardano founder Charles Hoskinson has rejected calls to repay users affected by the SecondFi hack, saying the incident was not his responsibility. The June attack drained 16.1 million ADA, worth $2.6 million at the time. Hoskinson previously argued that the incident should push the Cardano ecosystem to strengthen its security. While Hoskinson has refused to take responsibility for the losses, SecondFi has launched a recovery program to help affected users reclaim eligible assets. Since the tool launched on October 7, recovery requests have covered more than 100 million ADA and 22 million NIGHT tokens. The team plans to automate the process using smart contracts, but full recovery is not guaranteed for every user. thecryptobasic.com/2026/10/2…

Analyst Gerla Warns $XRP Could Fall Further After Losing Weekly 200 EMA Support. XRP is trading around $1.29 after falling below its weekly 200 EMA near $1.377, prompting analyst Gerla to warn that the chart looks weak. The token is down about 7% over the past week. If XRP fails to reclaim this level, the price could face further pressure, with $1.00 remaining an important level to watch. However, long-term indicators suggest XRP could be approaching a bear-market bottom. Its monthly 100-period moving average sits near $0.84, meaning further downside remains possible. A move above the weekly 50-period moving average near $1.49 would provide a stronger sign of recovery. thecryptobasic.com/2026/10/2…

The Crypto Basic, Daily Edition: What Happened in Crypto on October 19, 2026. JPMorgan Opens Ethereum Access for JPM Coin. Strategy Adds Bitcoin and Expands Its Buyback Authorization. Strive Discloses Another $100 Million Bitcoin Purchase. Bitmine Reports More Than Five Million ETH Staked. Coinbase and Thunes Connect Stablecoins With Local Payouts. Revolut Gains Gibraltar Authorization for Crypto Services. Mastercard Introduces Screening for Stablecoin Payments. Mesh and Visa Plan Payments From Crypto Wallet Balances. Details on: thecryptobasic.com/2026/10/1…

Nebius Group (NASDAQ: $NBIS) Stock Rebounds 7.30% as Truist Maintains Buy Rating and $355 Price Target. Nebius shares rose 7.30% to $177.54 in premarket trading Monday after falling 12.18% on Friday. The rebound came as Truist Securities maintained its Buy rating and $355 price target, citing strong customer demand and expectations for significant revenue growth. Truist also highlighted Nebius’s 450 megawatts of active data center capacity as the company expands its AI infrastructure. Adding to its expansion efforts, Nebius also announced a $10 million initiative to support AI developers across Europe. The program will provide computing resources, connect developers with potential investors and support projects involving AI models and coding tools. thecryptobasic.com/2026/10/1…

#Ripple CTO Emeritus David Schwartz Says $XRP Payments Were Initially Kept Behind the Scenes. David Schwartz said the company initially kept XRP’s role in payments behind the scenes because banks were reluctant to use blockchain technology. Speaking to Thinking Crypto host Tony Edward at Evernorth’s Nasdaq listing event, Schwartz explained that Ripple made payments work in the background so customers could send money without needing to understand or interact with blockchain. Schwartz said institutions are now showing more interest in blockchain. He also explained that Coinbase’s public listing helped traditional investors take the crypto industry more seriously. Looking ahead, he believes the XRP Ledger’s fast transactions, low fees and focus on financial services make it useful for payments, tokenization and other financial applications. thecryptobasic.com/2026/10/1…

Intel Corporation (NASDAQ: $INTC) Stock Rises 4.16% Pre-Market After JPMorgan Upgrades Rating to Neutral. JPMorgan upgraded Intel from Underweight to Neutral, ending a negative rating it had maintained since November 2022. The upgrade sent Intel shares climbing 4.16% to $93.59 in pre-market trading Monday. Analyst Harlan Sur said the stock’s 36% decline from its June peak had reduced potential downside, while improving execution under CEO Lip-Bu Tan had increased his confidence in the company’s turnaround. Despite the upgrade, JPMorgan kept its $85 price target, below the current share price. The bank pointed to progress in chip manufacturing, production yields, advanced packaging, and demand for CPUs used in AI systems. However, it expects Intel to keep losing processor market share for several more quarters and said its external foundry business still needs significant growth. Intel is scheduled to report third-quarter 2026 results after market close on October 29. thecryptobasic.com/2026/10/1…

$XRP Tests Weekly Support at $1.22–$1.34 as Resistance at $2.09 and $2.32 Remains Ahead. XRP is testing a key weekly support zone between $1.22 and $1.34 after pulling back from a recent high near $1.70. The current weekly candle dipped to $1.284 before recovering toward $1.34, placing the price inside this support range. A sustained weekly break below $1.22 could weaken the recovery that began after XRP fell toward $1.00 in August. For a stronger recovery, XRP must first reclaim the $1.50–$1.70 range, which has acted as a key hurdle in recent price action. If buyers overcome this area, the next major resistance levels sit at $2.09 and $2.32, representing potential gains of about 56% and 73% from $1.34. thecryptobasic.com/2026/10/1…

Analyst Dennis Liu Says $1.25 Could Offer a Better $XRP Entry Than $1. Crypto analyst Dennis Liu, known as VirtualBacon, believes XRP at $1.25 could offer a better entry opportunity than $1 because broader market conditions have improved. When XRP was near $1 and Bitcoin traded around $60,000, Liu saw only a 30% chance of a rebound. He now puts that chance at around 70%, based on what he views as stronger signs of a broader market recovery. With XRP trading around $1.30, Liu sees $1.25 as a potential entry level to watch if the price pulls back. His argument is that buying at a slightly higher price may involve less uncertainty when market conditions are stronger. However, this view depends on the broader crypto market maintaining its recovery. #Ripple thecryptobasic.com/2026/10/1…

Analyst MasterAnanda Says #Cardano’s Bear Market May Be Nearing an End, Eyes $3.25. MasterAnanda believes Cardano may be approaching the end of its prolonged bear market, potentially paving the way for a recovery. He highlighted a falling wedge and rounded-bottom pattern on the three-day chart. ADA rebounded from a low of $0.1384 in July 2026 to nearly $0.28 before pulling back toward $0.22. MasterAnanda projects ADA could reach $1 in the coming months, $2 in 2027, and potentially $3.25, which would mark a new all-time high. He also suggested that current prices may not return if a sustained bull market develops. However, these are speculative targets, and ADA would need to regain upward momentum and break through resistance levels to reach them. thecryptobasic.com/2026/10/1…

Pro-#XRP Lawyer Bill Morgan Says SEC Lawsuit No Longer Explains XRP’s Weak Price Performance. Bill Morgan called the SEC lawsuit an “overrated and exaggerated excuse” for XRP’s weak performance. He noted that XRP has fallen 45% over the past year and around 60% since the case was resolved on August 7, 2025. Positive legal developments often triggered temporary price gains, but those gains later faded. “The lawsuit cannot be an excuse all the time for XRP’s current price. That excuse is getting quite old,” Morgan wrote. thecryptobasic.com/2026/10/1…

$XRP Exchange Reserves Hit 11.81 Billion as Binance Long Liquidations Reach $25.7 Million. XRP fell 15% from $1.52 to $1.29 between October 4 and 17, while Binance recorded $25.7 million in long liquidations over October 7–8. During the same period, Binance’s leverage ratio dropped from 0.205 to 0.170, and open interest fell 15.8% to $453 million, showing that traders reduced their leveraged positions. Meanwhile, XRP reserves across all exchanges rose to 11.81 billion tokens on October 17, one of the highest levels in the past year. Binance held 2.67 billion XRP, while its average daily net inflows reached 9.3 million XRP over the previous week. At the same time, whale transfer volume fell 44%. More XRP on exchanges could increase selling pressure, but it does not necessarily mean holders are preparing to sell. #Ripple thecryptobasic.com/2026/10/1…

#Cardano Founder Charles Hoskinson Teases Special Gesture if RealFi’s sUSDrf Stablecoin Reaches $1 Million in Deposits. Cardano founder Charles Hoskinson said he would do something special if RealFi’s USD stablecoin, sUSDrf, helps Strike Finance’s liquidity vault reach $1 million in deposits. He asked the community to suggest what the gesture should be. The discussion began after Strike Finance reported $70,000 flowing into its liquidity vault through sUSDrf, while RealFi later reported that the vault held around $200,000. Strike Finance subsequently reported that its liquidity vault had surpassed $1 million, with $200,000 flowing in over the previous 72 hours through sUSDrf. The integration allows users to access RealFi yield opportunities alongside existing Strike Finance vault rewards. Hoskinson had also suggested creating a prediction market on Bodega Market to forecast when the vault would reach the $1 million milestone. thecryptobasic.com/2026/10/1…