Bybit launches $140 million recovery bounty program to "hunt | See You on Moon on Binance Square

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Bybit launches $140 million recovery bounty program to "hunt for the perpetrators of crypto's largest heist in history."
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Ravindra Nath Soni, the fugitive Indian-origin owner of Dubai-based BlueChip Group and the prime accused in one of the UAE’s largest investment frauds approx $90 million, has been arrested in India, ending an 18-month international hunt. #scam #investment

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🔥 *Crypto News Update (Nov 23, 2025)* - *Bitcoin Slumps*: BTC dropped to a 7-month low of $80,553, down 12% this week and erasing 2025 gains. Analysts warn $80K is a critical level—could we see more losses? 😬 - *Market Volatility*: Binance CEO Richard Teng says the drop aligns with global risk aversion, not just crypto. "Healthy consolidation," he calls it. Meanwhile, $1.2 trillion wiped off crypto market cap in 6 weeks. - *XRP News*: Slumped to $2.19 after Ripple’s Swell conference. Grayscale’s XRP ETF launched on NYSE Nov 24—will it boost prices? 🚀 - *Cardano Wuffle*: Network split temporarily due to an "AI-generated" exploit. ADA held steady at ~$0.40. - *Fed & Rates*: December cut odds surge, sparking "bottom?" hopes. Robert Kiyosaki sold BTC at $90K, stays bullish. - *Traders Moving*: "OGs" selling to "weak hands" = more volatility? Crypto ATMs explore $100M sale after CEO’s money laundering charges. - *ETF Buzz*: BlackRock’s IBIT hit $11.5B volume. Solana ETFs see 19-day inflows ($510M). Dogecoin ETF debuts Nov 24. Want deeper dives or specific coins? 😎

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Market giving last chance to everyone reinvest to gain max.

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The XRP ETF approval is a big deal! The U.S. Securities and Exchange Commission (SEC) has approved Canary Capital's XRP ETF, which will list on Nasdaq this Thursday under the ticker XRPC. This is the first spot XRP ETF in the U.S., and it's expected to bring significant institutional investment and mainstream adoption to XRP. *Key Details:* - *Listing:* Nasdaq - *Ticker:* XRPC - *Management Fee:* 0.50% - *Custodians:* Gemini Trust and BitGo - *Launch Date:* Thursday, November 13, 2025 *Market Impact:* - XRP's price surged 10% after the approval announcement - Trading volume increased by 40% - Analysts predict XRP could reach $6 by year-end Other asset managers, like 21Shares and Franklin Templeton, have also filed for XRP ETFs, indicating growing institutional interest. The approval is seen as a validation of XRP's utility in cross-border payments and a catalyst for broader institutional adoption .

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XRP ETF updates are delayed due to the US government shutdown, which has paused the SEC's review process. Several firms, including Bitwise, CoinShares, Canary Capital, and WisdomTree, are waiting for approval. Despite the delay, institutional confidence in XRP remains strong, with $61.6 million in net inflows reported for the week ending October 13, marking 18 consecutive weeks of positive inflows. Some notable developments include : - *Bitwise*: Filed Amendment No. 3 to Form S-1 for its XRP ETF, a significant step toward regulated XRP investment access in the US. - *Canary Capital*: Filed an application via Form S-1 to launch a spot XRP ETF, with a final deadline set for October 23, 2025. - *CoinShares*: Filed an application via Form S-1 to launch a spot XRP ETF, with a final deadline set for October 25, 2025. Experts believe that XRP ETFs could be among the first to get approved once the SEC resumes operations, potentially attracting institutional investment. ETF Store President Nate Geraci expects XRP-linked fund launches to happen soon, citing amended S-1 filings as a key step toward final approval .

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