Nearly half of the regulator’s new slate of proposed rules focus squarely on loosening regulations on the crypto industry.
World Liberty Financial's WLFI governance token fall to a new low price on Thursday after trading opened earlier this week.
XRP’s large holder cohort, specifically addresses holding between 10 million and 100 million XRP, has shifted from accumulation in the second half of August to significant dumping at the start of September. On-chain data from analytics platform Santiment reveals a sharp reversal in holdings, both in terms of circulating supply percentage and the number of coins held by this cohort. This change raises concerns about the sustainability of XRP’s price, which has been facing rejections above $2.8, and whether September could be a bearish month for the token. XRP Millionaires Start September With A Selloff XRP millionaire wallets, which are addresses holding between 10 million and 100 million XRP coins, aggressively increased their holdings during the second half of August. Based on the current price of XRP, each of these addresses is sitting on $28 million and $280 million worth of XRP, depending on the size of their wallets. Related Reading: Analyst Says XRP Price Is Yet To Hit Its First Bearish Target – Details Particularly, Santiment’s data shows that the percentage of XRP supply held by these addresses rose from 11.67% on August 16 to 12.19% by the end of the month. In terms of numbers, their stash grew from about 7.5 billion XRP coins to 7.85 billion XRP. This surge in accumulation showed the confidence among large investors, which contributed to XRP successfully holding above the $3 price level throughout the month. However, September has opened with an abrupt reversal. On September 1, whale holdings accounted for 12.19% of the circulating supply, but by September 3, that figure had dropped to 11.77%. In coin terms, the balance fell from 7.85 billion XRP to 7.61 billion XRP, wiping out much of the late August accumulation in just a few days. This decline is clearly illustrated in Santiment’s chart below, which shows a synchronized dip in both percentage supply and absolute holdings. This rapid offloading means that these millionaire wallets may be taking profits after August’s rally, and it introduces downside pressure that could have effects on XRP’s price action throughout September. Could This Mean A Red September For XRP? September has been a mixed month for XRP, with both strong rallies and painful corrections shaping investor sentiment. According to data from CryptoRank, the last time XRP saw a red September was back in 2021, when it fell sharply by 20.1%. Since then, however, XRP has managed to string together three consecutive green Septembers, including a 46.2% increase in September 2022. Related Reading: XRP Price Gets $20 Target: The 2 Scenarios That Could Play Out From Here This track record shows that while September has the potential to bring losses, it has also been highlighted by gains. Although it is too early to declare a repeat scenario of a red September, the sell-off from millionaires at the beginning of September sets a worrying precedent. XRP’s price action is already showing signs of strain, with the token repeatedly facing rejections above $2.8 in recent days. If these millionaire wallets continue to offload their holdings, the bullish sentiment surrounding XRP may weaken, which may lead to further declines. At the time of writing, XRP is trading at $2.82, up by 0.2% in the past 24 hours. Featured image from Adobe Stock, chart from Tradingview.com
Pump.fun, the leading memecoin launchpad on the Solana (SOL) ecosystem, has announced another major buyback of its $PUMP token. On Thursday, Pump.fun reported that it purchased nearly $12.2 million in $PUMP tokens last week, whereby the meme launchpad used 98.23% of its revenue last week to facilitate the token’s buyback. As a result, Pump.fun has …
The stablecoin network is designed to provide higher efficiency and lower risk than currently exists when providers use more fragmented and disperse systems.
Bitcoin shrugs off US jobs data and its latest attempt to crack $112,000 resistance in a limp Wall Street open.
Hedera’s token tumbled from $0.22 to $0.21 as selling pressure, profit-taking and broader market weakness drove traders out of risk assets.
After hitting its latest all-time high (ATH) on August 14, Bitcoin (BTC) has been on a steady decline, trading just above the $110,000 level at the time of writing. While some analysts opine that the crypto bull run may be over, on-chain data suggests that there is at least one more major leg up ahead for BTC. Bitcoin Bull Market Over? Not Quite According to a CryptoQuant Quicktake post by contributor CoinCare, as much as 50,000 BTC has been withdrawn over the past two days from crypto exchange Kraken. This was followed by another major withdrawal of 15,000 BTC. The CryptoQuant analyst stated that such significant withdrawals are not something that is typically observed near the peak of a bull market cycle. Instead, at market tops, exchanges witness an influx of BTC or other cryptocurrencies, signalling distribution. Related Reading: Bitcoin Eyes $150,000 As Binance Illiquid Supply Hits Record Highs Although retail demand for BTC is currently fragile, a few big wallets are still accumulating BTC in large quantities. Past data shows that retail demand for BTC surges rapidly at bull market tops. However, the current tepid demand suggests that BTC has “at least one major leg up ahead.” That said, fellow CryptoQuant analyst caueconomy offered a contrasting take. According to their analysis, major BTC holders continue to reduce their exposure to the digital asset, recently reaching the largest coin distribution in 2025. Notably, BTC whale reserves have tumbled by 100,000 coins in the past 30 days, showing high risk aversion among large investors. As a result, heightened selling pressure has been weighing down on the BTC price, pushing it below $108,000 in late August. The analyst added: At this time, we are still seeing these reductions in the portfolios of major players, which may continue to pressure Bitcoin in the coming weeks. Technicals Point Toward Renewed Strength While BTC whales – investors holding 1,000 to 10,000 BTC – may be reducing their exposure to the cryptocurrency, technicals point toward further room for growth for the leading digital asset by market cap. Related Reading: Bitcoin Delta Cap And Coinbase Premium Gap Signal Resilient Market Structure – Details For instance, noted crypto analyst Titan of Crypto shared the following chart on X, saying that BTC is close to invalidating the bearish double-top pattern on the daily chart. Once BTC convincingly pushes above the neckline, it could provide new bullish momentum to the asset. That said, there are some signs of caution. For instance, crypto analyst Doctor Profit recently stated that if BTC fails to defend the $107,000 – $108,000 support level, then it may risk falling all the way down to $90,000. Similarly, a breakdown below the $98,000 level could spell disaster for the flagship cryptocurrency. However, the long-term bull case for BTC remains intact. At press time, BTC trades at $110,460, down 0.9% in the past 24 hours. Featured image from Unsplash, charts from CryptoQuant and TradingView.com
BlockSpaceForce and Mainnet Capital have launched a new crypto hedge fund to invest in public companies, including DATs.
US services inflation stayed elevated in August, complicating expectations for the Federal Reserve as markets look for a September policy adjustment. The likelihood of a small 25bps cut is now increasing, which is likely to anger President Donald Trump, who has advocated for a mammoth 350bps cut. The ISM Services Prices Index registered 69.2, only slightly […]
The post New economic data rejects Trump’s 350bps rate cut dream as Bitcoin falls while stocks climb appeared first on CryptoSlate.
BTC is on the brink of losing a key level that could see prices plunge to $93,000 before a stronger final quarter, Bitfinex analysts cautioned.
Token faces critical support test amid massive liquidations and weakening institutional demand across major exchanges.
Bitwise's ETP launch in Switzerland signals growing European crypto investment interest, potentially influencing global market dynamics.
The post Bitwise debuts Bitcoin, Ether, XRP, and Solana ETPs on Switzerland’s main stock exchange appeared first on Crypto Briefing.
The bitcoin miner, 80% owned by Hut 8 and 20% by Trump family members, saw its stock slide below its $6.90 IPO price just one day after listing on Nasdaq.
The Polkadot token tumbled amid increased selling pressure as support levels failed.
While the number of Bitcoin treasuries continues to grow, more than 100 public companies currently hold BTC.
With U.S. regulatory approval in hand, the crypto prediction market is moving beyond politics to challenge the far larger opportunity in sports betting.
Seiscan adapts Etherscan's widely used interface to Sei's EVM-compatible network, offering familiar features to users.
XRP price is currently trying to bounce back and hit the important $3 level once again. Trading at $2.83, XRP is down by more than 1% in the last 24 hours. The majority of the top ten cryptocurrencies have slipped into the red zone. Bitcoin and Ethereum are both down more than 2%. Here’s what’s …
The upcoming nonfarm payrolls report is expected to show an increase of 110,000 jobs, with the unemployment rate steady at 4.2%.
Nasdaq is increasing oversight of companies seeking to raise money to buy cryptocurrencies as over firms eye more than $98 billion for DATs.
New data from Santiment has revealed that the top 10 Shiba Inu (SHIB) addresses control over 62% of the entire token supply. The crypto analytics platform shared the update on Tuesday, posting percentages of supply held by the top blockchain wallets of popular Ethereum-based tokens on X. Santiment Data Reveals Top 10 Wallets Hold Over 62% Of Shiba Inu Supply According to the Santiment report, the concentration of Shiba Inu supply in the hands of the top 10 wallets is striking. According to the data, out of Shiba Inu’s original one quadrillion tokens, 62.3% are now controlled by only ten addresses. This figure amounts to around 623 trillion SHIB tokens. Related Reading: Is Binance Manipulating XRP Price And Driving The Crash? Analyst Gives Answers Public blockchain data available on Etherscan offers an even closer look at these leading Shiba Inu addresses, giving more detailed information about the wallets and the amounts of SHIB they currently hold. The biggest wallet in this group is the official Shiba Inu burn address created when Ethereum co-founder Vitalik Buterin sent over 410 trillion SHIB to the address in 2021. This address contains 410.43 trillion SHIB, making it the largest single holder in the ecosystem. Tokens in this wallet are considered permanently removed from circulation. Another primary address also holds a large amount of SHIB. This wallet contains about 53.37 trillion tokens, equal to 5.33% of the total supply. The wallet may be associated with a decentralized exchange or a smart contract. These two top wallets together already make up a large part of the Shiba Inu supply, while a mix of exchanges and other entities fills the rest of the list. Exchanges Dominate The Biggest Shiba Inu Holdings The data also shows that several of the largest wallets belong to major centralized exchanges. Robinhood appears on the list as one of the most oversized holders. The wallet linked to Robinhood currently holds 39.27 trillion SHIB, which represents 3.92% of the total supply. Binance is also a leading holder of Shiba Inu. The address labeled Binance Hot Wallet 20 contains 30.71 trillion tokens, or 3.07% of the total supply. Another address, Binance 28, holds 19.51 trillion SHIB, equal to 1.95%. Related Reading: Dogecoin Price Set For Explosive Rally If This Structure Holds Crypto.com is another exchange with a large wallet among the top 10. The wallet connected to Crypto.com holds 29.83 trillion SHIB. This number represents 2.98% of the supply. Other large wallets on the list include one address with 12.04 trillion SHIB, which makes up 1.2% of the total. Another holds 11.41 trillion tokens, equal to 1.14% of the supply. A separate wallet contains 9.04 trillion SHIB, or 0.9%. Finally, the tenth-largest Shiba Inu holder controls approximately 7.65 trillion tokens, which equates to 0.76% of the total supply. The wallet may also be related to a decentralized exchange. Featured image from DALL.E, chart from TradingView.com
Ethena, Pendle, and Aave form a powerful DeFi yield engine. This article explores how they work together and how Hyperliquid could expand this system.
The securities regulator routinely posts an outline of its rulemaking agenda, and this latest one shows crypto's "new day" at the agency.
With more than 630,000 coins, Michael Saylor's Strategy leads the pack as that milestone is hit.
Kraken's acquisition of Breakout could democratize trading opportunities, emphasizing skill over capital access, potentially reshaping trader dynamics.
The post Kraken acquires Breakout to expand global prop trading appeared first on Crypto Briefing.
The Securities and Exchange Commission has set a rulemaking agenda that shifts U.S. crypto oversight toward formal rules, outlining proposals on the offer and sale of digital assets, broker-dealer treatment, and the potential for crypto trading on national exchanges and alternative trading systems. The agenda also includes plans to streamline disclosures and reduce compliance burdens […]
The post SEC finally pivots from courtroom battles to rulemaking, offering predictability the market lacked appeared first on CryptoSlate.
The small-cap holding company is betting on Ethena’s ENA governance token, aiming to capture yield from synthetic stablecoin USDe.
Fortune's stablecoin network is already servicing more than 40 participants including Circle, Bridge, Zerohash, and Yellow Card.
What is India’s levy crypto tax, and how does it apply across various types of transactions, such as trading, selling or spending your crypto?