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XRP rallies after major Nasdaq update
- XRP continued its rally on Monday after it was announced that Nasdaq would file a groundbreaking proposal with the U.S. Securities and Exchange Commission (SEC) to allow tokenized equities and exchange-traded products (ETPs) to be traded on its main market. The filing, made on Sept. 8, would mean that listed stocks and ETPs could trade in either traditional digital or tokenized form. If approved, it would represent the first instance in which tokenized securities are reified by an official, major U.S. exchange, confirming blockchain's place in the national market system. Before any changes, the proposal must be publicly commented on and approved by the SEC. XRP army eyes possible Nasdaq listing XRP rose by almost 4% to $2.97...
Tom Lee-backed penny stock surges 5,700% after surprising investment
- Tom Lee-backed penny stock surges 5,700% after surprising investment The shares of Eightco Holdings (Nasdaq: OCTO) surged more than 5,700% on Sep. 8 after the company announced a Worldcoin treasury strategy. The company said it raised $250 million through a private placement to adopt WLD as a primary asset for its corporate treasury reserve. BitMine Immersion (NYSE: BMNR), the leading Ethereum treasury firm led by Tom Lee, also made an additional investment of $20 million to support the initiative. WLD is a cryptocurrency that powers OpenAI CEO Sam Altman's blockchain project, which uses iris scanning to verify identity and grant access to its crypto ecosystem — a feature heavily criticized for allegedly violating user privacy...
Cathie Wood predicts Bitcoin will outperform gold despite setback
- Cathie Wood predicts Bitcoin will outperform gold despite setback Ark Invest CEO Cathie Wood thinks Bitcoin will outperform gold despite the recent setback. On Sep. 6, Wood appeared on ARK's "In The Know" show on YouTube and compared the current price trends of Bitcoin and gold. Bitcoin advocates often call the cryptocurrency "digital gold" due to the hedge both assets tend to offer against inflation. It has led analysts to compare the two assets. The Bitcoin-to-gold ratio is a metric used to compare the relative value of Bitcoin and gold. It measures how many ounces of gold are required to buy one Bitcoin. The ratio hasn't broken its uptrend but has witnessed a setback due to Bitcoin stagnating for a while and gold continuing...
Why XRP Is Surging Today
- XRP is seeing strong gains in Monday's trading. The cryptocurrency's token price had risen 3.8% over the past 24 hours as of 6:40 p.m. ET. At the same point in time, Bitcoin was up 1.1%, and Ethereum had risen 0.3%. XRP is getting a boost today thanks to investors banking on the likelihood that the Federal Reserve will announce a cut in interest rates later this month. The cryptocurrency also appears to be getting a boost from news that an exchange-traded fund (ETF) built around Dogecoin could launch in the near future. XRP rises on rate-cut hopes Following some recent signs that the U.S. economy is weakening, investors now broadly expect that the Federal Reserve will cut interest rates this month. Recent jobs reports have come in...
How to stay safe if you’re using MetaMask, Phantom, Trust or any crypto wallet from NPM attack
- A new cyberattack has put millions of crypto users on alert after hackers slipped malicious code into NPM, the software registry that powers thousands of apps and websites, including many tied to crypto wallets. What exactly is NPM? For non-developers, NPM (Node Package Manager) is like a giant library of free building blocks that software developers use to create apps. Every time you interact with a wallet extension like MetaMask or a DeFi dashboard, chances are some part of its code comes from NPM. The problem is, if attackers sneak malware into one of those building blocks, it can spread to thousands of apps without users realizing. With more than 2 billion downloads every week, NPM is the plumbing of the internet, and a prime...
Eightco Stock Jumps 3000% on Worldcoin Treasury Strategy, BitMine Investment
- Eightco Stock Jumps 3000% on Worldcoin Treasury Strategy, BitMine Investment Eightco Holdings Inc. shares surged more than 3,000% Monday after the obscure e-commerce firm announced plans to build a treasury around Worldcoin—and secured a $20 million investment from crypto miner BitMine. The stock hewed to its Friday closing price of $1.43 in pre-market hours and closed at $45.08. It surged as high as $83.12, earlier in the day, a more than 5,000% gain at the time. “Everything the Foundation and Tools for Humanity have built has enabled us to be in this position,” Dan Ives, managing director at Wedbush Securities, told Decrypt. “We believe that World is significantly undervalued relative to the potential opportunity.” Eightco also...
Bitcoin Could 'Easily' Reach $200,000 This Year, Says Tom Lee
- Bitcoin Could 'Easily' Reach $200,000 This Year, Says Tom Lee Bitcoin can still reach $200,000 per coin by year-end, crypto bull and Fundstrat Global Advisors Managing Partner Tom Lee told CNBC on Monday. Lee, who has made bold predictions in the past, said that the U.S. central bank's expected incoming interest rate cut at its next monetary policy meeting on September 17 would push the asset higher. "Bitcoin and cryptocurrencies like Ethereum are super sensitive to monetary policy," Lee said. "I think September 17 is an important catalyst." He added: "I think Bitcoin can easily get to $200,000 before the end of the year, and I know that's a big move.” Bitcoin was recently trading for a little over $112,000, up less than a...
Putin Advisor Accuses US of Using Crypto, Gold to Escape Massive Debt
- Putin Advisor Accuses US of Using Crypto, Gold to Escape Massive Debt An advisor to Russian President Vladimir Putin said that the United States is attempting to use crypto and gold to escape its massive debt. In a final press briefing at the Eastern Economic Forum in Vladivostok, Russia, Deputy Chairman of the Organizing Committee of the Forum and Putin advisor Anton Kobyakov said that the U.S. is trying to ease its debt burden at “the world’s expense.” “The U.S. is now trying to rewrite the rules of the gold and cryptocurrency markets. Remember the size of their debt—35 trillion dollars. These two sectors (crypto and gold) are essentially alternatives to the traditional global currency system,” said Kobyakov according to a...
Crypto transactions at risk as large attack hits industry
- Hackers have poisoned popular JavaScript packages with crypto-stealing malware, potentially threatening millions of developers and users worldwide. The large-scale attack targeted a prominent developer’s account after tricking them with fake emails — a technique known as phishing — to then inject malicious code into packages that get downloaded over one billion times per week. The malware silently replaces wallet addresses when users try to send funds, instead redirecting the money to wallets controlled by the attackers. Security experts discovered the attack when routine software builds started failing unexpectedly. They’re now urging everyone to avoid making crypto transactions until the infected packages are removed. “If you...
2 Top Bitcoin ETFs You Can Buy Right Now -- and 1 to Avoid at All Costs
- Key Points It wasn't too long ago that Bitcoin (CRYPTO: BTC) was very difficult to invest in without owning the digital currency directly. But since the first Bitcoin ETFs were approved in early 2024, dozens of exchange-traded funds that invest in the digital currency or adjacent assets are available for investors to trade. I personally don't own any Bitcoin in my portfolio right now, but I've been thinking about adding some, mainly for diversification purposes. With that in mind, here are two Bitcoin ETFs on my radar that I'm considering, and one that I'm absolutely going to avoid. A pure-play Bitcoin ETF The six largest Bitcoin ETFs on the market are all pure plays, also known as spot Bitcoin ETFs, meaning that they simply own...
Google Meet outage disrupts thousands of users worldwide
- Google Meet outage disrupts thousands of users worldwide Google Meet users reported a large outage on September 8, with disruptions increasing sharply in the past hour. According to outage tracking site Downdetector, reports of issues with Google's video-conferencing service had reached around 10,000 by late morning. Many customers reported being unable to join meetings or experiencing unexpected call dropouts. Google has yet to publish an official statement on the cause, but the dramatic increase in outage reports indicates a widespread service disruption. While the outage wasn’t limited to the crypto sector, several developers and traders flagged the incident as a blocker to scheduled meetings and coordination tasks. "Was...
Putin advisor claims U.S. may tap crypto to ease debt projected to hit 150% of GDP
- A senior Russian advisor to President Vladimir Putin claimed the United States is conspiring to restructure its ballooning national debt by manipulating cryptocurrency and gold markets. Speaking at the Eastern Economic Forum in Vladivostok, Anton Kobyakov said Washington is looking to "rewrite the rules" of the cryptocurrency and gold industries as an alternative to the current global currency system to reduce dependence on the U.S. dollar. "The US is now trying to rewrite the rules of the gold and cryptocurrency markets. Remember the size of their debt, 35 trillion dollars," Kobyakov said in comments subsequently amplified by the Russian government media outlet RT. Kobyakov proposed the U.S. might work to convert parts of its...
Wall Street Giant Cantor Debuts Bitcoin Fund With Gold Insurance
- Wall Street Giant Cantor Debuts Bitcoin Fund With Gold Insurance Wall Street giant Cantor Fitzgerald debuted a new fund Monday that aims to give investors exposure to Bitcoin's gains and downside protection with gold. The fund, the Cantor Fitzgerald Gold Protected Bitcoin Fund, which was announced in May at the Bitcoin 2025 conference in Las Vegas, Nevada, aims to address the concerns of investors scared of Bitcoin. Monday's announcement said that the fund "minimizes the risk of short-term volatility and reduces the impact of correlation spikes while continuing to benefit from the long-term upside trend of Bitcoin." "This gold-protected Bitcoin strategy spans five years and tackles both risks head-on: it captures Bitcoin's...
Dogecoin founder just had a bizarre dream about MrBeast
- Dogecoin founder just had a bizarre dream about MrBeast Dogecoin founder Billy Markus, known as @BillyM2k on X, recently shared a bizarre dream about the popular YouTuber MrBeast. Jimmy Donaldson, known as MrBeast on the video-sharing platform, is the most-followed YouTuber, with over 432 million subscribers. He hosts elaborate challenges whose popularity has turned him into a billionaire. Markus had a dream in which he won a "sweet electric bike" from a difficult MrBeast challenge, but then he woke up, he shared on X. But then, he missed the bike he did "all that dream work for." Markus himself is a well-known figure whose biggest pop culture moment was launching Dogecoin as a prank on Bitcoin. However, it turns out the meme...
Why Opendoor (OPEN) Shares Are Sliding Today
- What Happened? Shares of technology real estate company Opendoor (NASDAQ:OPEN) fell 7.5% in the afternoon session after it entered a correction following a period of massive, speculative gains. The decline follows an extraordinary surge that saw the stock gain over 900% in the last three months, fueled by what some have described as "meme-stock mania." This rapid ascent created a "volatile battleground" for the stock, which has high short interest, with about 24% of its available shares being bet against by investors. Despite the recent stock frenzy, the company's fundamentals present a different picture. Opendoor has scaled back on home purchases and expects its third-quarter revenue to drop between 38% and 43% year-over-year...
Why Is the Crypto Token Worldcoin (WLD) Skyrocketing Today?
- Why Is the Crypto Token Worldcoin (WLD) Skyrocketing Today? The crypto Worldcoin (CRYPTO: WLD) is surging on Monday, up 44.1% in the last 24 hours as of 3:10 p.m. ET. The jump comes as the S&P 500 was up 0.1% and the Nasdaq Composite gained 0.4%. The Sam Altman-backed token is flying on news that Eightco Holdings will add Dan Ives to its board and adopt a Worldcoin accumulation strategy. This little-known packaging company will buy Worldcoin Eightco Holdings, a small packaging and e-commerce company, announced Monday morning that Wedbush Securities' Dan Ives is joining as chairman of the board. The company simultaneously revealed plans to raise $250 million through a private placement to fund what it calls a "first-of-its-kind"...
Wall Street is Sizing Up Recent Crypto IPO Bullish. Some Analysts Are Lukewarm.
- Key Takeaways As more crypto firms hit the public markets, they are getting looked over by Wall Street's analysts. One of the latest IPOs has some analysts feeling lukewarm—even though the shares have cooled off since trading started. Analysts at Citi, Jefferies, and Oppenheimer on Monday all started coverage of crypto platform operator Bullish (BLSH), giving the company credit for its institutional focus, which differentiates them from rivals. However, its oversubscribed IPO and subsequent trading day pop prevented them from taking more positive stances, citing valuation. And that's even as shares of Bullish have fallen well off their $90 mid-August opening price—though they remain above their $37 IPO price. (The stock finished...
Tokenization of private credit could unlock transparency and growth, says Kadena exec
- Tokenization of private credit could unlock transparency and growth, says Kadena exec Tokenization is one of the hottest trends in digital assets today, but not every asset class benefits equally from the shift. Cesar Pereira, who serves as VP of Business Development for Kadena Labs, says tokenized stocks are unlikely to gain traction, while private credit could be the breakout use case that defines the next wave of adoption. “When we talk about tokenized stocks, or what I call equities, that's a very mature marketplace today,” Pereira said. “Just because you can tokenize something doesn't mean you should tokenize something." Why equities are not the best asset to tokenize Regulators have recently flagged concerns that many...
Crypto Users Warned to Stop Transacting as Massive Exploit Threatens Apps and Wallets
- Swathes of crypto users could be at risk of having their funds stolen following the discovery of compromised JavaScript code packages, Ledger CTO Charles Guillemet warned Monday. NPM is a prominent package manager for JavaScript, and Guillemet said on X that the entire programming language’s ecosystem could be vulnerable after a reputable developer’s account was compromised, potentially spreading a malicious payload to various websites. “The malicious payload works by silently swapping crypto addresses on the fly to steal funds,” he said, adding that compromised packages have been downloaded more than 1 billion times. Guillemet added that funds on "potentially all chains" could be vulnerable to the exploit. “I would strongly...
Popular Wall Street analysts are getting in on a hot new crypto side hustle
- Popular Wall Street analysts are getting in on a hot new crypto side hustle The crypto treasury strategy has proliferated in 2025, and it's lured some well known Wall Street analysts to join the party in leadership roles at firms that are amassing vast troves of tokens. Dan Ives is the latest getting in on the crypto rush. The senior equity research analyst at Wedbush Securities, who has a large public following for his views on tech stocks and launched an ETF earlier this year, will be the new chairman of the board of Eightco Holdings, the firm said on Monday. The Nasdaq-listed Eightco will essentially be a holding company predominantly for Worldcoin, a crypto created by Sam Altman-founded World. It will buy $250 million of...
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