The crypto exchange could compete with Coinbase, though its stock now is overpriced, analysts at the investment bank said.
Amid the US set to implement a stablecoin framework after passage of the GENIUS Act, EU officials are looking at the implications of foreign-issued stablecoins.
Ethereum’s on-chain activity has reached a new milestone and recorded 1.8 million daily transactions. This unprecedented level of network usage showcases the vitality of the world’s leading smart contract platform and also underscores the effectiveness of its multi-layered scaling strategy. What This Milestone Represents In The Context Of A One-Year High A pivotal shift is underway in the crypto market, and the on-chain data for Ethereum tells the story. As market analyst Onur highlighted on the social media X platform, Ethereum hit a monumental milestone last month with 1.8 million daily transactions. This milestone marks a one-year high, signaling a dramatic increase in genuine network utility. Related Reading: Ethereum Supply Shock? Binance ETH Reserves Dip As Demand Gains Traction At the same time, a remarkable 30% of the entire ETH supply is now locked in staking, which shows the conviction of long-term holders has never been stronger, and demonstrates a powerful commitment to hold and earn rather than sell. Instead of rotating out of positions, capital is doubling down on the yield and security framework that Ethereum uniquely provides. This trend is further supported by the Securities and Exchange Commission’s (SEC) guidance on liquid staking. However, this is being widely interpreted as a critical step toward an ETH Exchange-Traded Fund (ETF) with staking built in, and a structural shift that could change how institutions allocate into ETH. As these fundamental drivers gain traction, Bitcoin’s market dominance has noticeably declined from 60% to 57% in August, a subtle but important move that highlights capital rotation into ETH and other assets. Institutional Ethereum Accumulation Signals Long-Term Confidence While Ethereum is showing strong on-chain activity, rising staking participation, and a supportive regulatory backdrop, it is a clear sign of deepening institutional conviction that a flood of Wall Street capital is now flowing into Ethereum Spot ETFs. Crypto educator and market analyst CryptoBusy mentioned that the latest 13F filings reveal a significant and accelerating shift in how major financial players are viewing ETH. Related Reading: VanEck CEO Calls Ethereum ‘The Wall Street Token’ As Institutional Adoption Rises Leading the charge is Goldman Sachs, which has established a commanding position with $721 million in exposure, adding a massive 160,072 ETH to its holdings. This is part of a broad-based institutional embrace. Giants in the quantitative and multi-strategy hedge fund space, including Jane Street, Millennium, Capula, Schonfeld, and D.E. Shaw, are all actively stacking their Ethereum positions. Furthermore, a wide range of asset managers, such as BlueCrest, Logan Stone, and Elequin HBK, have boosted their holdings, providing further evidence of a systemic shift. These Wall Street firms are locking ETH into balance sheets as a long-term strategic asset, cementing its status as the default crypto backbone. Featured image from Adobe Stock, chart from Tradingview.com
With their pivot to crypto, Eric and Donald Trump Jr. have managed to significantly expand their public profiles as entrepreneurs.
Ether supply on centralized exchanges has plunged around 38% since 2022, as billions flow into spot ETFs and corporate treasuries ramp up their ETH holdings.
Arbitrum, the largest Ethereum layer-2 protocol, has launched a new initiative designed to channel liquidity into decentralized finance. The DeFi Renaissance Incentive Program (DRIP), announced on Sept. 3, will allocate up to $40 million in rewards to users performing targeted on-chain actions rather than simply generating attention. The program, structured by Entropy and powered by […]
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While Fed Governor Lisa Cook attempts to argue against her dismissal in court, the central bank said it will hold an October event to address innovation in payments.
Cardano’s founder, Charles Hoskinson, has clarified why the blockchain platform was excluded from a prominent US government initiative meant to publish official economic data on public blockchains. Blockchain networks like Ethereum, Solana, Avalanche, and Optimism made the cut; Cardano didn’t. Hoskinson revealed during a YouTube AMA that the reason wasn’t technical or regulatory, but it was grounded in economics. Specifically, he said the integration fee quoted by Oracle specialist Chainlink was absurd, which made Cardano’s participation really unfeasible. Chainlink’s Absurd Fee As one of the biggest blockchain ecosystems, Cardano’s inability to participate in the US government’s recent blockchain initiative to bring macroeconomic data onto the blockchain took many crypto participants by surprise. However, while speaking at a recent surprise AMA on his YouTube channel, Cardano founder Charles Hoskinson says the reason boils down to money. Related Reading: Is XRP Coming To Cardano? Founder Sparks Speculation After Midnight Airdrop According to Hoskinson, the main reason was due to its pending partnership with Chainlink’s oracle integration, which is yet to be finalised because of the absurd fee charged by Chainlink. Hoskinson did not shy away from strong language: “They gave us an absurd number for integration. I said ‘f– it, we’ll handle it. We’ll figure it out,'” he said. Despite the frustration, he tempered his critique with respect. He described Chainlink co-founder Sergey Nazarov as “extremely smart” and “a very good businessman”, someone who “sees the future” and, in Hoskinson’s words, is “sitting on a golden egg”. Chainlink’s oracle solutions are very important for connecting smart contracts to real-world data. As such, Hoskinson’s metaphor acknowledges Chainlink’s powerful position in the blockchain ecosystem. How It Stalls Cardano’s DeFi Growth Without a cost-effective oracle integration, Cardano’s decentralized finance landscape has struggled to keep pace with other blockchain ecosystems. To put this into perspective, Ethereum’s integration with Chainlink has allowed large inflows into its DeFi ecosystem, with about $13.4 billion in Total Value Locked (TVL) added from between August 2 ($78.222 billion) and August 31 ($91.595 billion), according to data from DeFiLlama. Related Reading: Cardano Price To Rise 300% To $4? Analyst Reveals When Meanwhile, Cardano’s TVL broke below $400 million in August, and daily active addresses have also fallen massively. At the time of writing, Cardano’s TVL is sitting at $367.91 million. The result is a disconnect between Cardano’s on-chain activity and ADA’s price action, which witnessed a steady increase in August alongside the rest of the crypto market. Nonetheless, Hoskinson is still optimistic. Talks with Chainlink are ongoing, and he’s determined to find common ground with Chainlink. He also revealed discussions with the team behind the USD1 stablecoin and hinted at potential collaboration with Aave, which he described as part of a bundle. If USD1 (already launched on Ethereum, BNB, and Tron) comes to Cardano, it could become the ecosystem’s largest stablecoin. Combine that with oracle access and lending support from Chainlink, and Cardano could strengthen its DeFi foundations significantly. At the time of writing, Cardano is trading at $0.8307, up by 1.1% in the past 24 hours. Featured image from Adobe Stock, chart from Tradingview.com
ETH rallied closer to $4,500, but muted futures activity and a unique technical setup have traders unsure about whether the rally is sustainable.
Billionaire investor Ray Dalio said the U.S. is nearing the late stages of a debt cycle that threatens the dollar’s role as the world’s reserve currency, a shift that he believes could boost demand for Bitcoin, gold, and other limited-supply assets. Dalio, founder of Bridgewater Associates, released the comments after accusing the Financial Times of […]
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Fast fashion giant Shein scrambles after eagle-eyed shoppers spot Luigi Mangione's AI-generated face modeling a shirt.
Hyperliquid is slowly building a name within the decentralized finance (DeFi) sector. In August, the platform recorded nearly $400 billion in perpetual trading volume and more than $106 million in revenue, according to DefiLlama. Related Reading: Ethereum price Crash To $4,081: Why The Bears Are In Charge This milestone not only cements Hyperliquid’s dominance in the decentralized perpetuals market, where it now controls around 70% of market share, but also signals growing adoption by both retail and institutional investors. A key driver of this success is its proprietary HyperEVM blockchain, designed for speed, scalability, and zero gas fees. These features replicate the performance of centralized exchanges while maintaining DeFi’s transparency and user custody, making Hyperliquid an appealing alternative to platforms like Binance or Solana-based DEXs. Whale Activity and Market Sentiment Despite its strong fundamentals, HYPE, the platform’s native token, is facing volatility. Currently trading around $44, HYPE has retraced from the $51 mark but remains on track for a possible breakout. Analysts point to resistance at $48.73, with upside targets at $52, $55, and even $73 if bullish momentum persists. HYPE's price trends to the upside on the daily chart. Source: HYPEUSD on Tradingview Whale activity has added intrigue to the token’s outlook. Recently, a whale deposited over $3 million USDC into Hyperliquid and opened a leveraged short against HYPE, sparking debate about near-term price action. While shorts suggest caution, derivatives data shows rising open interest and a slight long bias, hinting at sustained optimism among traders. Can Hyperliquid Become the Next “Killer App”? BitMEX co-founder Arthur Hayes has gone as far as calling Hyperliquid a “decentralized Binance,” projecting the HYPE token could rise over 100x if adoption keeps pace. The launch of a 21Shares Hyperliquid ETP on the SIX Swiss Exchange also signals mounting institutional confidence. Still, challenges remain. Hyperliquid has faced brief outages and accusations of whale manipulation in newly launched futures markets. To counter this, the team has implemented stricter safeguards, including tighter price caps and external data integrations. These moves aim to balance rapid growth with market integrity. Related Reading: One Major Reason Bitcoin Hasn’t Reached $150,000, According To Trump’s Crypto Advisor With trading volumes surging, institutional adoption growing, and technical indicators hinting at a potential HYPE breakout toward $55, Hyperliquid stands at a defining moment. If it maintains momentum while addressing risks, it could cement itself as crypto’s next true “killer app.” Cover image from ChatGPT, HYPEUSD chart on Tradingview
Crypto.com, Coinbase, and Kraken maintain their leadership positions in the USD-supported exchange landscape.
The Federal Reserve Board announced on Sept. 3 that it will host a payments innovation conference on Oct. 21, where it will discuss stablecoins, DeFi, and tokenization. The conference will feature panel discussions on the convergence of traditional and decentralized finance, emerging stablecoin use cases and business models, artificial intelligence applications in payments, and tokenization […]
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The draft law passed its first reading with 246 votes and proposes an 18% income tax, 5% military tax, along with a temporary 5% rate on fiat conversions in its first year.
SOL is the "most obvious long right now," fueled by up to $2.6 billion demand from crypto vehicles in the next month, Arca CIO Jeff Dorman said.
Binance is once again in the spotlight as its native token, BNB, tests a crucial level after recently reaching fresh all-time highs. The momentum has been strong, with bulls showing resilience and holding price action above former resistance, now turned into support. This behavior signals the continuation of a broader bullish trend, one that has defined Binance’s performance through much of 2025. Related Reading: Ethereum Demand Spikes As Whales Add 260K ETH In 24 Hours However, what makes this moment even more significant is not only the price but also the underlying fundamentals of the BNB ecosystem. Top analyst Darkfost highlighted a major milestone that underscores BNB’s growing adoption. The BNB Chain has officially crossed 650 million unique addresses—wallets that have carried out transactions on the network. This achievement is a true testament to the scale of Binance’s reach in the blockchain space and highlights the network’s growing importance in global crypto adoption. Such growth in user activity mirrors the strong price action seen this year, reinforcing the narrative that BNB remains one of the most widely used and trusted blockchains in the industry. With bulls defending critical levels and network adoption soaring, Binance now faces a pivotal stage that could determine the sustainability of its current bullish trend. Binance Adoption And Market Outlook According to Darkfost, Binance’s latest milestone of surpassing 650 million unique addresses is more than just a number—it is a testament to adoption, user activity, and the strong interest surrounding the Binance ecosystem. This achievement underscores how deeply embedded BNB has become within the broader blockchain space, solidifying its reputation as one of the most widely used networks globally. From a market perspective, Binance continues to stand out as one of the few altcoins that has already exceeded its previous 2021 all-time highs, doing so back in June 2024. This makes BNB unique compared to most other large-cap cryptocurrencies, which are still battling to reclaim their former peaks. Holding above these levels reinforces investor confidence and highlights the strength of its underlying fundamentals, especially given the network’s rapid adoption and consistent activity growth. Analysts broadly agree that the uptrend for BNB is intact and likely to continue if adoption metrics remain strong. However, there is a recognition that broader market conditions could still introduce risk. A potential correction across crypto markets could bring BNB back to retest lower support levels, even if its fundamentals remain solid. For now, the balance between bullish momentum and market-wide caution will define Binance’s short-term trajectory. Related Reading: Bitcoin Mirrors Historical Pullback Ranges – Healthy Correction Or Trouble Ahead? BNB Price Testing Momentum After ATH The chart shows Binance Coin (BNB) trading around $853 after pulling back slightly from recent highs near $880. Despite the correction, BNB remains firmly above its key moving averages, with the 50-day SMA trending strongly upward and providing dynamic support around the $780–$800 region. This setup reflects a healthy bullish structure, with the coin consolidating after an extended rally. The breakout above $800 earlier in August marked a critical moment, pushing BNB into new all-time high territory not seen since June 2024. While short-term momentum has cooled, the higher lows established since mid-July suggest that bulls are maintaining control. For now, immediate resistance lies at $880, the recent peak, while support rests at $820 and further down at $780. Related Reading: Binance Network Activity Outpaces Ethereum As Active Addresses Double Since April If BNB holds above the $820–$800 zone, the bullish case remains intact, with a possible retest of the $900 level in the coming weeks. However, a break below $780 could invite a deeper correction toward $700, especially if broader market conditions turn risk-off. BNB remains one of the strongest large-cap performers, but volatility will likely persist as it tests this new range. Featured image from Dall-E, chart from TradingView
Google Gemini Flash 2.5 can streamline research, spot patterns, analyze sentiment and refine your crypto trading strategies. Just remember: AI assists, but you’re still the one making the call.
Illiquid supply, falling exchange reserves and accumulation from whales could send ETH price to $5,500.
Decentralization is not enough to determine whether a blockchain is truly mature, argues Algorand’s Chief Strategy Officer Marc Vanlerberghe.
The Commodity Futures Trading Commission (CFTC) granted regulatory approval for prediction market platform Polymarket to resume US operations through a no-action letter issued to QCX LLC on Sept. 3. The CFTC’s Division of Market Oversight and the Division of Clearing and Risk announced that they will not pursue enforcement action against QCX LLC or QC […]
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Trading of ABTC was halted five times on Wednesday amid heightened price volatility, with the share pricing surging by 85% intraday.
Polymarket's US launch could reshape the prediction market landscape, enhancing regulatory trust and expanding user engagement in the sector.
The post Polymarket CEO confirms readiness to launch in US after CFTC event contract ruling appeared first on Crypto Briefing.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
The CFTC issued a no-action letter to QCX, a regulated derivatives exchange Polymarket acquired, exempting it from certain reporting requirements.
The XRP price remains a major focus in the crypto market, with analysts and traders often debating its long-term trajectory. A fresh report from crypto exchange Changelly has provided a new perspective, offering detailed projections for XRP’s future performance. The report reveals when the cryptocurrency could finally surpass the $2,000 milestone, alongside expectations for short- and long-term price action. XRP Price Forecasted To Surpass $2,200 By 2040 According to Changelly’s latest price analysis released on September 2, XRP is projected to surpass $2,000 in November 2040. Analysts at the exchange forecast that XRP could hit a maximum price of $2,215 in December 2040, marking a period of sustained explosive growth. In the same year, the minimum price is estimated at $1,825, while the average trading level is anticipated to reach approximately $1,969. Related Reading: Pundit Reveals What Will Happen When XRP Price Hits $100 And $1,000 What makes this bullish forecast even more striking is that in the years leading up to 2040, XRP is expected to remain below $130. This suggests that the token could undergo an unprecedented growth spurt by the time it reaches $2,000, potentially surging between 1,430% and 73,979% from its projected 2026-2034 range. If a rally above $2,000 is realized, 2040 would be a transformative year for XRP, as it would mark the first time the token enters the quadruple-digit territory. Looking further ahead, Changelly projects that by 2050, XRP could climb even higher, reaching a maximum value of $2,840 by December. Analysts at the exchange expect the token’s average price in that year to stabilize around $2,604, while the minimum price could be approximately $2,485. While these projections suggest that volatility will remain a part of XRP’s performance, it’s overall growth prospects point toward a significantly higher valuation. Changelly’s XRP Price Forecast For 2025 While Changelly’s long-term price forecast highlights XRP’s explosive potential, its technical analysis for 2025 paints a more cautious picture. The exchange predicts that in 2025, XRP could decline to a minimum value of $2.49 and a maximum of $2.82, with an average trading price of $3.14. Currently, the cryptocurrency is trading at $2.83, meaning its growth for this year is expected to be limited. Related Reading: It Is ‘Genuinely Impossible’ For XRP To Hit $1,000; Pundit Warns Changelly notes that XRP’s recent market performance has been relatively muted. It has declined by 3.65% over the past week after erasing about $0.05 from its value within the last month. This downturn has placed the cryptocurrency in a dip, with analysts interpreting it as a short-term buying opportunity. Technical indicators like the Moving Averages (MA) reinforce XRP’s bearish price action. Changelly notes that the 50-day MA is trending downward on the four-hour chart, pointing to weakening short-term momentum. The 200-day MA, which began declining in late August 2025, also signals ongoing pressure in XRP’s longer-term trend. The crypto exchange also highlights that XRP’s market sentiment is 60% bearish, with a Fear & Greed Index score of 49, signaling neutrality but edging toward fear. Featured image from Getty Images, chart from Tradingview.com
The new ETF, which began trading last week under the ETCO ticker, aims to use an options strategy to generate income.
Turtle has introduced a new framework designed to measure and reward one of the scarcest assets in digital finance, onchain liquidity. The company announced the launch of the Turtle Liquidity Leaderboard, which ranks participants by verified deposits, user distribution, and engagement multipliers, creating a standardized scoreboard for protocols and liquidity providers. The launch comes at […]
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The Federal Reserve Board announced on Wednesday that it will host a conference on payment innovation on October 21, 2025. According to the announcement, the Federal Reserve Board will discuss how best to innovate and improve the payment system with the use of modern technology including Blockchain and Artificial Intelligence (AI). Fed Governor Christopher Waller …
Bitcoin bulls are trying to get back into the driver’s seat by pushing the price above $112,500. Will altcoins follow?