Crypto News

- Ethereum price has crashed another 4% in the last 24 hours, slipping under the crucial support of $4,000. Some market experts believe that if ETH doesn’t recover, it could see another 30% drop from here. On the other hand, Ethereum co-founder Jeffrey Wilcke moving 15000 ETH to crypto exchange Kraken has shaken the market sentiment. Ethereum Price In A Critical Stage Crypto analyst Ali Martinez has highlighted key Ethereum price levels, stating that a break above $4,841 is needed to reverse the current downtrend. Citing the MVRV price bands, the analyst noted that failing to surpass this level could lead to a deeper ETH correction to $2,750. Another crypto analyst, Daan Crypto Trades, validated this thesis, noting that the latest...

- Kraken’s $500M Raise Coincides With Whale Grab of $1.6B in ETH as Co-Founder Cashes Out Ethereum co-founder Jeffrey Wilcke has moved millions of dollars’ worth of Ethereum onto the Kraken exchange, just as a fresh wave of large-scale “whales” scooped up a staggering $1.6 billion from the exchange and others over the past two days. The move comes as Kraken completed a $500 million funding round at a $15 billion valuation, in the lead-up to a planned IPO. Whales Grab $1.6 Billion While Kraken prepares for its next stage, Ethereum’s largest holders have gone on a buying spree. In just two days, 15 wallets amassed 406,117 ETH, worth around $1.6 billion, from major exchanges and custodians including Kraken, Galaxy Digital, BitGo, and...

- Aster, the decentralized perpetuals exchange backed by YZi Labs and known for its ties to Binance founder Changpeng Zhao, has reimbursed traders who suffered losses following an abnormal price spike in its XPL perpetual contract. Key Takeaways: The disruption occurred late Thursday evening, when the price of XPL surged to over $4, despite trading at approximately $1.30 on other platforms. In a statement posted to X, Aster acknowledged the issue and reassured users that “all funds are SAFU,” pledging a full investigation and compensation for affected traders. Aster Begins Rapid USDT Reimbursements After XPL Price Glitch Within an hour, the exchange confirmed the incident was resolved and began reimbursing liquidated users in...

- Hyperliquid’s HyperVault Project Rugged for $3.6M, Devs Disappear HyperVault developers have executed a rug pull on their Hyperliquid-based DeFi platform, draining approximately $3.6 million in user funds before disappearing and deleting all social media accounts. PeckShieldAlert first detected abnormal withdrawals from the yield protocol, with funds being bridged from Hyperliquid to Ethereum and converted to ETH. Tornado Cash Conceals $3.6M Trail as Social Accounts Vanish The stolen funds followed a familiar pattern, with 752 ETH deposited into Tornado Cash to obscure transaction trails. HyperVault’s official Twitter account now displays “this account doesn’t exist,” while their Discord server has also vanished. Unfortunately...

- The crypto market isn’t exactly in great shape today, with BTC USD and ETH USD pairs still stuck in a brutal slump. However, not everything is in red. Newer players like Plasma (XPL), ASTER, Stable (SBTL), and Avantis (AVNT) are drawing USD liquidity in. While BTC slipped below 110K USD and ETH dropped over 2.5%, those newer coins are recording more than 100% gains at least. XPL USD pair is hitting $1.5 after launching, and ASTER USD pair is posting 3-digit percentage gains to $2.4, before correcting these past 2 days. On social media, especially Twitter, the sentiment is bumping up. Posts about ASTER are wildly climbing by 190% weekly. From fuds to people posting bullish tweets, ASTER is just everywhere, thanks to CZ, Binance...

- Solana Treasury Gains Cushion Upexi's Business Losses Key Takeaways The unrealized gains of a new Solana (SOL) treasury strategy have offset the yearly losses of a business that, up until April 2025, specialized in supply chains. It’s a success story for the Digital Asset Treasury (DAT) trend, which sees publicly traded firms raise funds through various means to acquire masses of crypto. Offsetting Losses In a press release, Upexi reported a net loss of $13.7 million for the fiscal period between June 2024 and 2025. However, its bold Solana treasury strategy has offset these losses as the firm increased its stash from 735,692 SOL to over 2 million SOL between June 30, 2025, and the Sept. 24 update. Upexi stated that the treasury...

- Up 46% in 3 Months, Is It Too Late to Buy Solana? Key Points As high as the price of an asset might look, it can always go higher. Especially in crypto, markets often make investors feel like they're too late to get exposure to a coin right when the next leg of growth is just getting started. That brings us to Solana (CRYPTO: SOL), which is up by 46% (as of Sept. 24) in three months after a powerful summer run. Is the upside already exhausted for those who buy it now, or is there a lot more gas in the tank? A big rally doesn't imply the end of the road The first thing for investors to recognize is that price action doesn't settle the debate about whether an asset is worth buying. A three-month rally in Solana tells you that...

- Plasma XPL Explodes: Is This the Beginning of the End for Tron TRX USD and Justin Sun’s Empire? If you’re a TRX holder, it’s time to start worrying. Get ready to wrap your head around major changes unfolding in the multi-billion-dollar stablecoin space, a court Tron has dominated for years. Yesterday, the Plasma mainnet launched, and contributors, even those who supplied just $1, received over 9,300 XPL tokens for free. It was a classic airdrop, the kind designed to spark FOMO, of which Plasma delivered in spades. At press time, those 9,300 XPL tokens are worth more than $10,000, with the XPL USD price defying gravity and climbing higher. Patient HODLers could emerge as big winners in the weeks ahead. For the less patient, selling...

- Key Takeaways TeraWulf plans to raise around $3 billion through a debt offering to finance its data center expansion as it pivots from crypto mining toward AI infrastructure. Google is expected to backstop the deal, which is being coordinated by Morgan Stanley. However, uncertainty around the exact terms has led to volatility in TeraWulf’s stock price. Google Doubles Down on Terawulf Google’s interest in TeraWulf’s data center business has expanded in recent months. An agreement in August saw the Big Tech firm backstop $3.2 billion of data center lease obligations in return for warrants equivalent to a 14% pro forma equity stake in TeraWulf. With Google’s lease guarantees, TeraWulf is looking to raise $3 billion from a high-yield...

- Dogecoin just added real on-ramps and is flirting with building new capabilities The first big shift that's powering Dogecoin beyond Shiba Inu is investor access. On that front, the REX-Osprey Doge ETF, an exchange-traded fund that gives investors exposure to the meme coin, began trading on Sept. 18, with strong volume suggesting plenty of demand. ETFs hold assets and trade on an exchange like a stock, which means that those with brokerage accounts and retirement accounts can buy shares, so there's now a large new population of investors (and their capital) who can buy Dogecoin. Other Dogecoin ETFs are also under consideration and could potentially be approved as soon as next month. Another factor is that corporate treasuries as...

- Canada Fines KuCoin $14M for Anti-Money Laundering Failures Key Takeaways: The Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) said Seychelles-based Peken Global Limited, which operates the crypto exchange, failed to register as a foreign money services business and neglected to report nearly 3,000 large virtual currency transactions between 2021 and 2024. The agency also cited 33 instances where the company failed to flag suspicious transactions potentially tied to money laundering or terrorist financing. Canada Hits KuCoin with Record Fine Ahead of Key Global Financial Crime Audit FINTRAC’s enforcement arrives ahead of a crucial audit by the Financial Action Task Force in November, as Canada faces...

Prediction: Bitcoin Will Be Worth $0 or $500,000 in 10 Years Key Points I'm about to make the most accurate Bitcoin (CRYPTO: BTC) prediction you'll ever read: In 2035, Bitcoin will either be worth practically nothing or it'll be worth half a million dollars. Maybe more. There really isn't a middle ground here. Bitcoin is either a moonshot or a total bust in the long run. Let me explain why. Bitcoin maximalists see a golden future ahead Bitcoin maximalists believe that the "digital gold" is the only currency worth owning in a long-term perspective. It's better than every competing cryptocurrency and all of the traditional fiat currencies around the world, and you can throw physical assets like gold into the same category. The idea...

- UK banks press on with tokenised deposits after BoE stablecoin warning LONDON (Reuters) - Britain’s biggest lenders are pushing ahead with plans to launch tokenised versions of customer deposits next year, a move that follows Bank of England Governor Andrew Bailey's plea to prioritise the technology over stablecoins. Tokenisation typically refers to creating digital representations of assets such as deposits, stocks, and bonds that are stored on a blockchain. Proponents say they can make transacting faster, cheaper, and safer. Banks including HSBC, NatWest, and Lloyds have launched a pilot using tokenised deposits for payments via online marketplaces, industry group UK Finance said on Friday. BAILEY SCEPTICAL OF STABLECOINS The...

- Key Points Some people find investing to be an enjoyable experience. Others think about investing and cringe. If you're in the latter category, or just want to simplify your investing life, you need to get to know these two Vanguard exchange-traded funds (ETFs). With $2,000 or $20,000, you can make two trades and have a well-diversified and low-cost portfolio that is super easy to maintain. Here's how to get started. Why use exchange-traded funds? The first thing to address here is the ETF structure. These are, basically, pooled investment vehicles, like a mutual fund, but they trade all day long, like a stock. Thus, exchange-traded funds provide you with liquidity and simplicity at the same time. Mutual funds can only be bought...

- ECB to Conduct New Digital Euro Experiments Next Year FRANKFURT (Reuters) - The European Central Bank said on Friday it would conduct new experiments next year about what could be achieved through a digital euro, in a further step for a project it sees as key for preserving the euro zone's financial autonomy from the United States. The ECB said this year's experiments with the private sector showed the digital euro - an electronic wallet backed by the central bank - could facilitate, for example, automated payments on public transport or certain reimbursements. This article has been published in reuters.com via Yahoo News. https://finance.yahoo.com/news/ecb-conduct-digital-euro-experiments-073522007.html

- Live: Bitcoin Dips Below $110K and Other Crypto Market Updates on Sept. 26 Heavy selling across major cryptocurrencies pushed the global crypto market capitalization lower. Over the last 24 hours, it lost nearly 2% and is currently at the level of $3.75 trillion. What else is shaping the crypto industry on Sept. 26? This article has been published in coinspeaker.com via Yahoo News. https://finance.yahoo.com/news/live-bitcoin-dips-below-110k-064433930.html

- Near $30M Ether Wipeout on Hyperliquid Stands Out as Crypto Market Sees $1B in Liquidation An ether (ETH) trade on Hyperliquid turned out to be the biggest liquidation hit in the past 24 hours as crypto traders took on more than $1.19 billion in leveraged positions amid a market downturn. Longs made up nearly 90% of the overall wipeout, leaving over 260,000 traders losing money and exposing the market’s bullish overcrowding. Ether bore the brunt with $448 million in liquidations, followed by bitcoin (BTC) at $278 million. Solana’s SOL (SOL), XRP (XRP), BNB Chain’s BNB (BNB), and dogecoin (DOGE) all saw tens of millions flushed out. But the single largest trade closure came on Hyperliquid — a $29.1 million ETH-USD long hit which...

- Google-Backed Crypto Miner TeraWulf Plans $3B Debt-Financed Expansion: Report TeraWulf plans to raise about $3 billion to expand its data centers, in a deal supported by Google, according to its finance chief Patrick Fleury. The debt is expected to be issued either through the high-yield bond market or via leveraged loans, Fleury told Bloomberg in a recent interview. Morgan Stanley is arranging the potential transaction, which could be launched as early as October. Credit rating agencies are still reviewing the deal, with expectations that it could fall between BB and CCC, the typical range for junk-rated debt. Google’s backstop could reportedly help secure a higher grade. Negotiations are ongoing, and there is no guarantee the deal...

- U.S. regulators have examined sharp movements in the stock prices of companies before they announced plans to raise money to buy cryptocurrency for signs of potential insider trading and disclosure violations, the Wall Street Journal reported. Regulatory Scrutiny The Securities and Exchange Commission (SEC) and Financial Industry Regulatory Authority (FINRA) have contacted some of the more than 200 companies that announced crypto-treasury strategies this year, the report added, citing people familiar with the matter. SEC officials warned firms about possible breaches of rules against selective sharing of material nonpublic information, the Journal said. The SEC declined to comment, while FINRA did not immediately respond to a...

- Why Opendoor Technologies Stock Popped Today Key Points Shares of Opendoor Technologies (NASDAQ: OPEN) were on the move again today as the volatile meme stock jumped for the second day in a row. This time, there was real news driving the stock's gains. Last night, Jane Street, a well-known investment firm, disclosed a passive stake in the real estate stock. That helped Opendoor finish the session up 10.3%. Opendoor seems to get some institutional support Last night, Jane Street disclosed a 5.9% stake in the online home flipper, or 44 million shares in the stock. It's a passive stake, so investors shouldn't expect the firm to push for any traditional activist strategies like a sale. Jane Street is known for quantitative...