Bitcoin held near $110,000 on October 31 as Canary Capital's XRP ETF filing entered a 20-day review period targeting November 13 for potential approval. Liquidation data showed long positions outpaced shorts by approximately 6:1, with $262 million in longs closed against $41 million in shorts. Michael Burry broke a two-year social media silence with commentary on market bubbles, though he did not specify asset classes.

Coinbase increased its Ethereum holdings by 11,933 ETH during Q3 2025, according to Base lead Jesse Pollak. The exchange also acquired 2,772 BTC in the same period. Coinbase reported net income of $433 million for the quarter, up from $75.5 million year-over-year, with transaction revenue reaching $1.05 billion.

XRP recorded $5.95 million in derivatives liquidations over 24 hours, with short positions accounting for $4.77 million against $1.18 million from longs, data show. The token climbed from $2.57 to $2.64 on Binance as leveraged bearish traders faced forced exits. The short-to-long liquidation ratio reached 404%, diverging from more balanced patterns in Bitcoin and Ethereum during the same period.

Bloomberg Intelligence strategist Mike McGlone expects U.S. Treasury bonds to attract capital inflows once Bitcoin and gold complete their current rallies. He views Bitcoin reaching $100,000 and gold approaching $4,000 per ounce as indicators of capital rotation rather than final peaks. Government debt may benefit after years of weakness driven by elevated Federal Reserve rates and quantitative tightening policies.

XRP traded at $2.60 after a 4% daily gain, rising amid extreme retail fear that historically signals potential reversals. Ripple CEO Brad Garlinghouse stated that XRP remains central to the company's operations. The firm's acquisition of Hidden Road, rebranded as Ripple Prime, integrates XRP and RLUSD as collateral in institutional brokerage products.

São Paulo-based VERT Capital has completed its second tokenized issuance on XRP Ledger and its EVM Sidechain, bringing over $40 million in pension-backed receivables on-chain. The fund structure allows for expansion to approximately $190 million if institutional demand materializes. The transaction uses a regulated FIDC structure backed by Brazil's federal pension system obligations.