Ripple has completed its $1.25 billion acquisition of non-bank prime broker Hidden Road, now operating as Ripple Prime. The deal makes Ripple the first crypto firm to run a global multi-asset prime brokerage, providing institutional clients with trading, financing, and clearing services across digital assets, foreign exchange, fixed income, and derivatives.

Kyrgyzstan has launched its national stablecoin on BNB Chain and confirmed its central bank digital currency, the digital som, is ready for deployment. The government will use the CBDC for official transactions, while the stablecoin will support broader payment and remittance operations. Binance founder Changpeng Zhao disclosed the developments following meetings in Bishkek.

Ethereum traded at $3,951.37 with a 24-hour volume of $25.6 billion and market capitalization of $476.9 billion during European hours. The asset remained constrained below $3,930 resistance despite gaining 0.06% over 24 hours. Institutional inflows and spot ETF optimism continue to support long-term sentiment while traders monitor tightening price action.

Bonk Holdings Inc. completed a $32 million purchase of BONK tokens, securing nearly 3% of the Solana-based meme coin's circulating supply. The Nasdaq-listed company, trading as BNKK, executed the transaction through FalconX with Fireblocks custody. Approximately 2.26 trillion tokens were transferred to a Solana Squad Multisig wallet.

JPMorgan has raised its Coinbase price target to $404 by December 2026, projecting that a potential Base network token could generate $12 billion to $34 billion in market capitalization. The bank's analysts highlighted Coinbase's expansion beyond traditional exchange operations into a multi-platform ecosystem that includes stablecoin yield products, decentralized trading integration, and its Ethereum Layer 2 blockchain. With an assumed 40% retention by Coinbase, the token could add $4 billion to $12 billion to the company's equity value.

CME Group's XRP futures contracts have accumulated $26.9 billion in notional trading volume since their May 2024 launch, representing approximately 9 billion XRP traded, according to CME Group data. Technical analysis indicates a bullish moving average crossover, with the 20-day simple moving average crossing above the 50-day simple moving average. Analysts suggest XRP could target $2.70 if the price maintains a daily close above the $2.50 resistance level.

XRP climbed 4.3% over 24 hours to trade near $2.55 during early Asian sessions on October 10. The U.S. Consumer Price Index increased 0.3% in September, below the 0.4% forecast, while annual inflation declined to 3.0%. Markets now expect a Federal Reserve rate cut later this month, driving optimism for a potential move toward $2.80.

Humanity token surged 138% to an all-time high of $0.39 before settling at $0.34. The rally followed the project's expansion into the Sui ecosystem and migration to Walrus protocol. Trading volume jumped 512% while market capitalization rose 118% to $787 million.