Vaibhavv Ali
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
MetaMask is expanding its decentralized finance (DeFi) capabilities by integrating perpetual contract trading directly into its wallet through a new partnership with Hyperliquid, a decentralized derivatives platform. This move, announced on September 19, allows users to engage in in-wallet leveraged futures trading for the first time. The integration aims to position MetaMask as a competitor … Read more
The European Commission, led by President Ursula von der Leyen, has announced a new round of sanctions against Russia that, for the first time, explicitly targets cryptocurrency transactions. This move is designed to close financial loopholes and prevent Russia from using digital assets like Bitcoin and Ethereum to bypass existing financial restrictions. The sanctions prohibit … Read more
According to market intelligence platform Santiment, Binance Coin (BNB) has emerged as the most-trending cryptocurrency of September 2025, surpassing Bitcoin (BTC). The coin’s recent all-time high of $1,000 and a market capitalization of $139.305 billion reflect strong market confidence. Analysts believe that continued institutional inflows and its expanding use within the Binance ecosystem could drive … Read more
Chiara Scotti, the deputy governor of the Bank of Italy, has urged the European Union to create clear, unified regulations for cross-border stablecoins. Speaking at a conference in Rome, she warned that a lack of clear rules poses legal, operational, and financial stability risks, especially for stablecoins issued outside the EU but used within the … Read more