Vaibhavv Ali
During the BNB Chain‘s fifth-anniversary event in Hong Kong, Huaxing Capital‘s Chairman, Xu Yanqing, announced a $100 million investment in the BNB ecosystem. This move highlights the growing trend of traditional finance integrating with the crypto space. The investment is being framed as a strategic effort to bridge Web2 and Web3, with a strong focus … Read more
Spot Bitcoin and Ethereum Exchange-Traded Funds (ETFs) experienced net outflows on Friday, breaking a period of positive momentum. Data from SoSoValue shows that Ethereum ETFs saw a net outflow of $164.64 million, ending a five-day streak of inflows. Bitcoin ETFs also turned negative, with $126.64 million in net outflows, their first daily loss since August … Read more
The Tron (TRX) network is implementing a major fee reduction after its Super Representatives voted to slash transaction costs by 60%. The change, which took effect on August 29, 2025, is the most significant fee cut in the network’s history. This decision comes in response to rising fees that were seen as a deterrent to … Read more
Swiss asset manager 21Shares has launched a new exchange-traded product (ETP) for Hyperliquid’s HYPE token on the SIX Swiss Exchange. This new product allows investors to gain exposure to Hyperliquid without the complexities of on-chain wallets or custody. Hyperliquid, a decentralized derivatives exchange that launched in late 2022, has rapidly become a major player in … Read more
On August 29, 2025, cryptocurrency exchange Bybit and Mantle unveiled the “Mantle × Bybit Roadmap,” a plan to expand the utility of the MNT token. The new roadmap integrates MNT for transaction fee discounts across various financial services on the Bybit platform, including trading, wealth management, and payments. This move is designed to benefit both … Read more
Ethena’s stablecoin, USDe, has seen a remarkable surge, with its market capitalization growing by more than 200% since August 2024. This growth significantly outperforms its competitors over the same period, with Circle’s USDC growing 87% and Tether’s USDT at 39.5%. USDe now accounts for over 4% of the total stablecoin market, putting it behind only … Read more
The competition to launch the first U.S. Solana (SOL) Exchange-Traded Fund (ETF) is intensifying, with multiple asset managers, including Canary Capital, Franklin Templeton, VanEck, Fidelity, Grayscale, CoinShares, and Bitwise, submitting revised S-1 registration statements to the SEC. These updated filings show that a continuous dialogue is happening between asset managers and regulators. The filings contain … Read more
Gryphon Digital Mining is set to merge with American Bitcoin, a subsidiary of Hut 8, and will be rebranded as American Bitcoin. The company will also undergo a 5-for-1 reverse stock split to meet the listing requirements for the Nasdaq stock exchange, with trading set to begin on September 2, 2025. According to CEO Asher … Read more
After a period of uncertainty, Shiba Inu (SHIB) has rebounded, climbing back above the $0.00001 mark. This recovery is largely fueled by a significant increase in whale activity, with large investors accumulating massive amounts of the token and signaling renewed confidence in its future. A recent highlight of this trend was a whale who withdrew … Read more
As August ends, cryptocurrency traders are bracing for what has been historically known as “Red September,” a phenomenon where markets, including crypto, tend to see negative returns. Since 2013, Bitcoin has fallen an average of 3.77% in September, with a track record of eight crashes, according to data from Coinglass. Experts believe this pattern is … Read more