Vaibhavv Ali
On September 19, XRP launched its first U.S. spot ETF, the $XRPR ETF, which set a new record with $37.7 million in day-one trading volume. This impressive debut, however, did not prevent a decline in the token’s price, which is currently trading at $2.99. The main reason for the price drop is a series of … Read more
The Real-World Asset (RWA) tokenization market has experienced a massive surge, growing by 400% to reach $30 billion by mid-2025. This explosive growth is fueled by improved regulatory clarity and a shift in institutional sentiment toward blockchain technology. Top financial institutions like BlackRock, JPMorgan, and Franklin Templeton are actively bridging traditional finance with decentralized systems … Read more
The FTX Recovery Trust has announced a scheduled distribution of $1.6 billion to its approved creditors on September 30, 2025. This will be the third payout since the crypto exchange’s collapse in 2022. The funds will be distributed to creditors who have completed the necessary pre-allocation steps. The Trust will use service providers like BitGo, … Read more
Despite recent sideways price movement, Dogecoin (DOGE) is seeing significant behind-the-scenes activity, including a major whale accumulation and the launch of the first U.S. Dogecoin ETF. On-chain data shows that whales have bought over 158 million DOGE in just a few days, signaling strong conviction despite a recent price dip. This institutional interest is further … Read more
Tether’s efforts to expand its Bitcoin mining operations in Uruguay have hit a significant roadblock. The state-owned national electricity provider, UTE, cut power to Tether’s local partner, Microfin, over $5 million in unpaid bills. This dispute, which began with mounting costs and unresolved debt, has frozen all mining activities and expansion plans in the Flores … Read more
Avalanche (AVAX) is currently experiencing strong upward momentum, supported by key technical indicators, although it faces significant resistance ahead. The price of AVAX is trading above both its 9-day and 20-day exponential moving averages, confirming a firmly bullish trend. Momentum indicators like the Relative Strength Index (RSI) and the Moving Average Convergence Divergence (MACD) also … Read more
YZi Labs, formerly known as Binance Labs, has announced a greater investment in Ethena Labs to strengthen its synthetic stablecoin, USDe. The new funding will be used to expand USDe’s infrastructure and products, with the goal of increasing its presence on both centralized and decentralized exchanges. This partnership aims to boost USDe’s liquidity and adoption, … Read more
The government of Bhutan has transferred over $100 million worth of Bitcoin (BTC), raising concerns about a potential sell-off that could add downward pressure to the market. The move on September 18 involved shifting 913 BTC to two new wallets. Despite this large transfer, Bhutan’s sovereign wealth fund still holds more than $1.1 billion in … Read more
The NEAR Protocol (NEAR) is showing conflicting market signals, with strong on-chain activity pointing to a bullish trend while a rising spot sell-off suggests a potential bearish reversal. On-chain data indicates a significant increase in user activity and liquidity. The Total Value Locked (TVL) on the NEAR Protocol has risen from $91.71 million to over … Read more
Bitmine, a crypto firm led by Tom Lee, has significantly increased its Ethereum (ETH) holdings, purchasing another $69 million worth of ETH through Galaxy Digital. This acquisition brings Bitmine’s total ETH treasury to approximately 1.95 million ETH, making it the largest corporate holder of Ethereum. This latest buy, which involved several large, coordinated over-the-counter (OTC) … Read more