Crypto News

- Crypto Winners & Losers At the time of writing, 8 of the top 10 cryptocurrencies by market cap are in negative territory over the past 7 days. Bitcoin (BTC) is trading at $112,975, showing no 24-hour change, but down 2.8% on the week. Ethereum (ETH) sits at $4,177.52, down 0.3% in 24h and 7% over 7 days. Solana (SOL) continues to slide, dropping 2.9% to $212.74 today and 9.2% on the week. Dogecoin (DOGE) leads the 7-day losses, down 8.5%, now trading at $0.2429. Lido Staked Ether (STETH) and Wrapped Beacon ETH also show weekly drops of 7% each. The only major coins in green over the week are: BNB (BNB), up 6.6% over 7 days despite a slight dip today. XRP (XRP), up 4.2% on the week and 0.8% in the last 24 hours. A handful of...

- Key Takeaways The U.S. Securities and Exchange Commission (SEC) plans to introduce an “innovation exemption,” which could be in place soon as the U.S. continues to draft and implement favorable policies and legislation for the digital asset industry. Innovation First, Says SEC Chair Per Bloomberg, SEC Chairman Paul Atkins has stated that the agency will be crafting new rules for the sector over the coming months and aims to implement the “innovation exemption” by December. This exemption is expected to make it easier and faster for crypto and non-crypto firms to launch on-chain products in the U.S. Atkins highlighted in June that decentralized finance (DeFi) represents the American spirit of economic liberty, open innovation, and...

- Mechanism Capital’s Andrew Kang Slams Tom Lee’s ETH Thesis as “Financially Illiterate” Andrew Kang, founder of crypto venture firm Mechanism Capital, did not hold back in his latest critique of BitMine’s Tom Lee’s Ethereum thesis. In a sharp post on X, Kang called it “one of the most r*tarded combinations of financially illiterate arguments I’ve seen from a well known analyst in a while.” Lee’s thesis leans heavily on stablecoin and real-world asset (RWA) adoption as a driver of Ethereum value. Kang argues this is deeply flawed: “Since 2020, tokenized asset value and stablecoin transaction volumes have increased 100–1000x… but fees are practically at the same level as 2020.” He points to three key reasons: Ethereum’s upgrades...

- Ethereum Co-Founder Warns Closed Systems Breed ‘Abuse and Monopolies,’ Calls for Open-Source in Key Sectors Ethereum co-founder Vitalik Buterin has issued a comprehensive warning about the dangers of closed technological systems, arguing that proprietary infrastructure across health, digital identity, and civic technology creates conditions for “abuse and monopolies” while concentrating power among a few players. In a September 24 blog post, Buterin outlined his vision for “full-stack openness and verifiability” spanning software, hardware, and biological systems. He argued that civilizations that produce open technology rather than merely consume it will dominate the 21st century. The warning comes as Buterin advocates for...

- BofA Highlights Coinbase’s (COIN) Expanding Product Offerings and Services Coinbase Global, Inc. (NASDAQ:COIN) ranks among the hot stocks to invest in right now. BofA Securities reaffirmed its Neutral rating and $369 price target for Coinbase Global, Inc. (NASDAQ:COIN) on September 4. As the biggest platform in the US that complies with regulations, the firm believes Coinbase is in a solid position in the digital assets industry. BofA Securities emphasized the varied product offerings of Coinbase Global, Inc. (NASDAQ:COIN), which include Base, Payments, Crypto-as-a-service, One Card, and Commerce. The firm pointed out that more than 240 companies currently use Coinbase’s crypto-as-a-service to support their trading, payment, and...

- Stablecoins Could Soon Back US Derivatives Trades Under New CFTC Plan Key Takeaways The U.S. Commodity Futures Trading Commission (CFTC) is weighing one of the most consequential shifts in decades for America’s derivatives markets: permitting stablecoins such as USDT and USDC to serve as collateral. Acting Chair Caroline D. Pham unveiled the proposal last week, describing it as a “measured step” toward aligning the CFTC’s regulatory framework with the realities of modern finance. If approved, the change would allow tokenized assets to sit alongside cash and U.S. Treasurys as acceptable margin—potentially reshaping a market with a notional value in the quadrillions. From Forum Idea to CFTC Policy Proposal The push to recognize...

- UK’s First Bitcoin Treasury Company B HODL Buys 100 BTC B HODL Plc., a UK-listed Bitcoin treasury company, has announced its purchase of 100 BTC. The purchase marks the start of the company’s Bitcoin treasury strategy, totaling $11.3 million with each BTC acquired at an average price of $113,227. B HODL Joins Smarter Web and Satsuma With 100 BTC On September 24, B HODL kicked off its Bitcoin treasury strategy by acquiring 100 BTC at an average purchase price of £83,872, equivalent to $113,227. Altogether, the entire holdings were valued at £8.4 million or $11.3 million. This acquisition is no small feat, as B HODL now has a position among the top 100 public Bitcoin treasury companies. According to data from Bitcoin Treasuries, the...

The crypto market is a conflicted picture right now. Open interest across derivatives just hit an all-time high, and we are days away from the historically strongest quarter for altcoins, but the market experienced the largest liquidation event of the year and the CMC Crypto Fear and Greed Index is close to its lowest value in 2025. With that said, the BNB Chain sector was largely unfazed by the broader market downturn this week. Let’s dive into the details below 👇 BNB Chain Market Recap Fortunately, the BNB Chain sector was able to maintain its recent momentum this week, recording a 2.7% gain. In total, $7.2 billion was added to its market capitalization (mcap), largely thanks to the strength of BNB (BNB), which gained 7.7%...

- Stablecoin Giant Tether Aims for World’s Most Valuable Company Status With $20B Raise Key Takeaways Leading stablecoin issuer Tether (USDT) is planning to raise up to $20 billion through a private placement deal to boost its existing and new business operations as the firm expands beyond the confines of crypto. The Big Raise As per a Bloomberg report, El Salvador-based Tether is looking to raise between $15 billion and $20 billion for approximately a 3% stake through a private placement deal. Tether boss Paolo Ardoino has confirmed the move, stating that the firm is currently “evaluating a raise from a selected group of high-profile key investors.” The purpose, he adds, is to “maximize the scale” of its strategy across “new and...

North Korean Hackers Drain $1.2M From Seedify Bridge North Korean state-affiliated hacker groups have claimed another victim in the DeFi sector, exploiting Web3 gaming incubator Seedify Fund's token bridge infrastructure to steal $1.2 million while devastating the platform’s native token SFUND across multiple exchanges. The attack on Tuesday targeted Seedify's cross-chain bridge on BNB Chain, allowing hackers to mint unauthorized tokens and systematically drain liquidity pools across Ethereum, Arbitrum, and Base networks before converting proceeds on BNB Chain, the platform said in its official statement. "The Seedify theft addresses are tied onchain to past Contagious Interview incidents (DPRK),” blockchain sleuth ZachXBT tweeted...

- Assessing Nexi's (BIT:NEXI) Valuation: Is the Market Overlooking Its Potential? Nexi (BIT:NEXI) is back in the spotlight, and if you follow European fintech, you know why that matters. Investors have been watching its stock closely, especially after the latest market moves sparked renewed conversations around its potential. When share prices shift, even modestly, it often signals changing perceptions about risk or growth; that is something both seasoned and first-time shareholders should pay attention to. Looking back over the past year, Nexi’s share price has been under some pressure, with losses accumulating for longer-term holders. While there was a slight bump this month and some movement over the past week, the broader trend...

- What Is Better Home & Finance Holding's Investment Narrative? Owning shares in Better Home & Finance Holding is all about conviction in the company's tech-first approach to reshaping the mortgage process, and accepting the volatility that comes with ambitious, AI-driven business models. The recent surge in share price following Eric Jackson’s endorsement highlighted how quickly sentiment can swing in this story, emphasizing both potential rewards and real risks for investors. Jackson’s vocal optimism and position in the stock provide short-term momentum and renewed attention, but the business is still contending with a heavy net loss, limited cash runway, a very new board, and an expensive price-to-sales ratio compared to peers. The...

- Aster vs Hyperliquid: Binance Chain DEX Perps Volume Derails the HYPE Train The battle of the DEXs is hotting up, as Binance Chain-based decentralized exchange Aster has helped its parent chain to surpass Hyperliquid’s 24-hour perpetual trading volume. Binance Chain’s 24-hour perpetual volume stands at $21.6 billion, overtaking Hyperliquid’s $10.7 billion, according to data from Dune Analytics. EdgeX and Light followed closely with $8.2 billion and $6.2 billion, respectively. In terms of overall trading volume, the two exchanges are jockeying for position. Per CoinGecko data, Hyperliquid’s $609 million in 24-hour volume puts it at seventh place among the DEXs, while Aster sits at eighth place with $583 million in 24-hour volume...

- Disney (DIS): Taking Stock of Valuation After Recent Share Price Fluctuations If you have been watching Walt Disney (DIS) shares lately, you may have noticed a few interesting moves. There is no single lightning-rod headline driving the recent tick in the stock, but the shift is enough to grab investors’ attention and raise the classic question: does this open a window, or is it just noise? For those holding on or thinking about getting in, moments like these often spark healthy debate about where Disney truly stands in today’s market. Over the past year, Disney’s stock has moved up around 21%. While that upward momentum hints at returning confidence, recent months have been more challenging. The stock has dipped roughly 6% in the...

- Aster CEO Confirms Aster Chain Rollout, Now in Testing Phase Key Takeaways The next wave of competition in decentralized derivatives may be just around the corner. Aster CEO Leonard Aster confirmed this week that the project’s long-awaited privacy-focused Layer-1 blockchain is now in internal testing and will soon roll out publicly. The new Aster Chain is designed to address some of the most pressing problems in decentralized finance (DeFi), particularly in derivatives trading—where transparency, custody, and execution speed often clash with the need for user privacy. Building a Privacy Layer for DeFi Aster Chain leverages zero-knowledge proofs (ZK-proofs) to ensure that trades can be verified on-chain without exposing...

- 3 Reasons Opendoor Technologies Stock Could Move Higher Before Nov. 6 Key Points In just a few months, Opendoor Technologies (NASDAQ: OPEN) has transformed from a struggling company on the brink of being delisted from the Nasdaq to a hot stock story of the year. In July, retail investors began investing heavily in the online home-flipping stock after an argument presented by hedge fund manager Eric Jackson gained traction online. Jackson suggested that Opendoor could become the next Carvana, referencing the substantial gains the online used car dealer made after steering clear of bankruptcy in late 2022. Opendoor became a meme stock as daily trading volume surged, occasionally exceeding the number of shares outstanding...

- Blockchain Analytics Firm Elliptic Secures HSBC Investment, Now Backed by Four Megabanks Elliptic, a prominent provider of blockchain analytics tools, has secured investment from HSBC, marking its entry into an exclusive club. Key Takeaways: It is now the only blockchain analytics firm to be backed by four globally systemically important banks (G-SIBs): HSBC, JPMorgan Chase, Santander, and Wells Fargo. The investment comes amid rising interest from financial institutions in stablecoins and tokenized assets. HSBC’s Richard May Joins Elliptic Board Following Strategic Investment As part of the announcement, HSBC’s Richard May, Group Head of Financial Crime for Corporate and Institutional Banking, has joined Elliptic’s board of...

- **BNB Chain Proposes Faster Blocks, Cheaper Gas to Compete With Solana, Base** Key Takeaways Binance’s flagship blockchain network could be cutting its transaction fees in half and almost doubling its block production speed, according to the latest proposal from its validators. It comes as the crypto exchange’s BNB token soars to all-time highs (ATHs) above $1,000, and trading activity surges on Binance. High Efficiency Binance’s BNB Chain validators are proposing a major upgrade to the BNB Smart Chain (BSC) network that will slash gas fees in half and speed up block production. As per the proposal, gas charges will be reduced from 0.1 Gwei to 0.05 Gwei, and block intervals will be accelerated to 450 milliseconds from 750...

- Cloudflare and Coinbase Launch x402 Foundation for Machine-to-Machine Web Payments – Here's How it Impacts You Cloudflare and Coinbase are launching the x402 Foundation to establish a universal standard for AI-driven payments, enabling machines to pay for web resources without human intervention automatically. The protocol converts the HTTP “402 Payment Required” error code into a functional payment system, enabling AI agents to purchase data, services, and content directly. Brian Armstrong, Coinbase’s CEO, called x402 “a big step forward” that allows AI agents to “transact value, not just exchange info.” The protocol addresses a fundamental problem in the current payment systems, which were designed for humans clicking “buy”...

- Could a $50,000 Investment in This Vanguard AI ETF Turn Into a Million? Artificial intelligence (AI) has undoubtedly been the hottest sector in the stock market over the past few years. Those who saw this trend coming five years ago have likely generated incredible returns. One exchange-traded fund (ETF) that has done well is the Vanguard Information Technology ETF (NYSEMKT: VGT), which is up over 143% in the past five years, and up over a whopping 1,400% since the ETF launched in 2004. While there are many questions about AI's capabilities, and the sector likely won't move in a straight line similar to the internet boom, there is a high likelihood that AI will significantly change our daily lives and has a long runway ahead. Could...