Hackers drained 193,000 SOL from SwissBorg’s Solana Earn program after a Kiln API was compromised, affecting 1% of users and 2% of assets.
In the latest “The Weekly Insight,” analyst @CryptoinsightUK places XRP at the center of the next market advance—mapping a five-wave structure that targets Wave 3 ≈ $6.50, Wave 4 holding > $5, and Wave 5 ≈ $9.69. The call is anchored in XRP’s relative strength and a broader macro setup that he describes bluntly: “I’m bullish. I’m bullish. I’m bullish.” Near term, he concedes Bitcoin can still “dip in the short term and reclaim some of the liquidity sitting below us,” but he argues that any shakeout precedes an aggressive upswing that should favor leaders like XRP. The author’s relative-strength case is explicit: “XRP has been leading the way this cycle,” adding it “is about to begin its next major leg higher.” He contrasts structures: “If you overlay the Ethereum chart on top of XRP’s, the difference is striking… XRP… held strong around all-time highs… has pushed above both its previous all-time high and the $2.70 swing high, and is now consolidating above them. Related Reading: XRP To Surpass Bitcoin? Pundit Reveals What Will Drive The Takeover Meanwhile, Ethereum is still struggling to reclaim and hold its all-time high.” He continues: “This relative strength is important… it could continue to outperform the largest altcoin in the market,” with spot ETF speculation for XRP “possibly coming in September or October” and potential policy tailwinds adding fuel. What Needs To Happen For XRP To Hit $9.69? Zooming out, the newsletter situates XRP within a risk-on macro backdrop that could lift Bitcoin and TOTAL/Total2 and, by extension, turbo-charge altcoin leadership. Equities breadth is the opening bid: the S&P 500, Nasdaq, Dow Jones, and Russell 2000 are, he writes, “on the edge of or already in expansion,” with monthly RSI in overbought historically preceding “at least a few months, and often a prolonged period, of strong bull market activity.” He calls it a “clear signal, a green light for risk on.” On cross-asset signals, @CryptoinsightUK underscores the directional tie between Bitcoin and gold, despite gold’s “risk-off” label. Chinese gold demand and Western currency debasement, in his view, strengthen Bitcoin’s long-term case. Historically, gold bottoms have led Bitcoin bottoms by an average ~126 days across four instances; applied to the latest sequence, he sketches a probabilistic Bitcoin bottom window around September 15, 2025. The liquidity map remains pivotal. On higher timeframes, he sees “extremely dense” liquidity above Bitcoin, arguing that once the current range resolves, “the move will likely be sharp and aggressive,” with a roadmap that “quickly” carries BTC toward $144,000 and beyond. For alt breadth, he points to Total2. By his analog, today’s structure rhymes with an “orange circle” precursor from last cycle; from that point to the peak, alts rallied about 350% (technically ~366%). A repeat implies ~$7.73 trillion for Total2—an environment in which “XRP will be one of the clear leaders in the next leg of this market cycle,” provided Bitcoin prints new highs and Total2 breaks out. Related Reading: XRP Will Never Crash 90% Again, Says Digital Ascension CEO The companion “Charts of the Week” (by @thecryptomann1) sharpen the market’s near-term complexion and how it may channel into XRP. Stablecoin exchange reserves (ETH- and Tron-based) sit at all-time highs—~$66 billion (≈ $53B USDT, $13B USDC), a cache of “dry powder” that could chase upside on a breakout or cushion a final dip toward ~$105,000 on BTC before reversing. A caution flag: the 30-day change in aggregate whale holdings has “dropped off a cliff” recently—“alarming,” he notes, and not to be ignored even if it doesn’t spell disaster. Meanwhile, NUPL (Net Unrealized Profit/Loss) has been sliding as the market “takes back” profits from the past ten months; a revisit of the “yellow zone” (
Julien Bittel, head of macro research at Global Macro Investor, argued that the bull run remains in its early stages based on comprehensive economic indicators. In a Sept. 8 analysis shared via X, Bittel counters widespread “peak cycle” sentiment in crypto markets, challenging late-cycle narratives by examining traditional economic markers. Peak sentiment Classic late-cycle economies […]
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An advisor to Russian President Vladimir Putin said the U.S. is using crypto to solve its debt crisis at the world's expense.
The launch follows Nasdaq’s call for tighter scrutiny of corporate crypto holdings, which HashKey framed as a test for the industry.
The leading cryptocurrency could greatly benefit if the Federal Reserve slashes interest rates, the Fundstrat managing partner said.
The company said it planned to use its SOL treasury to help users "recover a significant portion of their balance."
The NFT sector has yet to recapture the enthusiasm of 2021-2022, forcing many NFT-centric companies like OpenSea to pivot to more in-demand crypto use cases.
Swiss crypto platform SwissBorg suffered a $41 million theft when attackers compromised a partner API, draining approximately 193,000 SOL from the company’s Earn program and affecting roughly 1% of users. CEO Cyrus Fazel addressed the incident during a Sept. 8 live broadcast, confirming that SwissBorg’s main application remains secure while emphasizing the company’s commitment to […]
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As Ethereum (ETH) trades slightly above $4,300, some crypto analysts opine that the cryptocurrency’s current trend shows enough structural health. However, they also caution that a lack of funding rates across exchanges means low demand for ETH, which may limit its breakout momentum. Ethereum’s Latest Rally Shows Structural Strength According to a CryptoQuant Quicktake post by contributor ShayanMarkets, Ethereum’s funding rates across exchanges are relatively muted when compared to the digital asset’s last three major highs. Related Reading: Ethereum Eyes $5,500 Amid Illiquid Supply Crunch And ETF Momentum For instance, during the first major high in early 2024, ETH funding rates across crypto exchanges had surged to 0.8, suggesting excessive long positioning and speculative demand. Shortly, the price topped out as overheated leverage took its toll on the digital asset. During the second peak in late 2024 – as illustrated in the following chart – ETH reached similar price levels but this time with far lower funding rates. Although this hinted at a less speculative market, the lack of strong, sustained momentum eventually weighed down on ETH’s price. In contrast to the above two instances, ETH’s 2025 rally saw it create a new all-time high (ATH) of $4,900 – despite relatively muted funding rates. This brings into focus one key divergence – ETH is hitting new highs even in the absence of aggressive long positioning that fueled earlier rallies. ShayanMarkets states there are two key implications of this new-found divergence. The analyst remarked: On one hand, the market appears more spot-driven and structurally healthier, as price is not being pushed by excessive leverage. On the other hand, the absence of aggressive demand also limits breakout momentum, leaving ETH in a slower-moving environment where new order flow will be essential for continuation. Concluding, the CryptoQuant contributor noted that ETH’s higher highs against declining funding rates show that the current market is more resilient against sudden liquidation cascades. However, it also requires a lot more conviction from buyers to sustain the next leg higher. Is ETH Headed For A Correction? Although ETH is currently trading just about 12% below its ATH, some analysts forecast that the second-largest cryptocurrency by market cap may be headed for a correction. Crypto analyst Ted Pillows predicted that ETH may drop all the way down to $3,900 before its next rally. Related Reading: Ethereum’s Latest Rally Fueled By Large-Scale Binance Orders, Analyst Says That said, there are several other data metrics that point toward a potential bullish rally for ETH. For instance, the ETH exchange supply ratio on major exchanges like Binance recently hit a low of 0.037, which may aid in the so-called “supply crunch” for the digital asset. In similar news, Ethereum exchange balance recently turned negative for the first time, suggesting that more tokens are being withdrawn from exchanges than deposited. At press time, ETH trades at $4,334, up 0.6% in the past 24 hours. Featured image from Unsplash, charts from CryptoQuant and TradingView.com
The company acquired 285,420 DOGE tokens, with plans to build that stack to 1 billion in 30 days.
With a market cap north of $36 billion, Dogecoin (DOGE) is the seventh-largest non-stablecoin cryptocurrency.
Strategy, the software company turned corporate bitcoin treasury, was not included in the latest rebalancing of the S&P 500 index.
South Korea’s largest crypto exchange, Upbit, unveiled a cryptic countdown this week for a new blockchain project called “Giwa,” fueling speculation about its purpose and potential role in the country’s fast-growing digital asset sector. The teaser site, which carries the tagline “trusted structure, not just shape,” offered no technical details but directed visitors to the […]
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CleanCore launches a Dogecoin treasury with a $68M purchase of 285M DOGE, aiming for 1B tokens in 30 days and 5% of supply.
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Blockchain investigator ZachXBT reported that the Solana (SOL) trading platform Aqua allegedly conducted a rug pull, draining 21.77k SOL worth $4.65 million after securing endorsements from major ecosystem partners and recently passing security audits. Aqua positioned itself as a trading infrastructure designed to democratize access beyond “insiders or whales,” claiming to have processed over $90 […]
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Bitcoin derivatives markets showed persistent caution, with sentiment influenced by BTC spot ETF outflows and Strategy not being included in the S&P 500 index.
Crypto asset holders are under siege today as on-chain sleuths reported the largest supply chain attack potentially affecting all blockchains. Charles Guillemet, the CTO at Ledger, announced the massive supply chain attack, which has been in progress and likely still in effect. Guillemet noted that the NPM account of a reputable developer has been compromised, …
Bitcoin’s price has spent the past week hovering within a tight band and bouncing between $108,000 and $112,000 without any clear direction yet. There have been multiple rejections at the $112,000 price level and technical analysis shows pressure around the 200-day moving averages on the four-hour chart. Notably, a technical analysis shared by crypto analyst Daan Crypto shows Bitcoin is at risk of a breakdown below $100,000, but bulls still have a chance to stage a recovery rally in the weeks ahead. Analyst Warns About Sweep Of Monthly Lows In his latest post on the social media platform X, Daan Crypto Trades noted that Bitcoin is currently indecisive, and its price action is leaning toward a sweep of the monthly lows. This movement is based on the 4-hour candlestick timeframe chart, which shows the Bitcoin price was recently rejected at the 200MA/EMA last week. Related Reading: Looking For A Good Bitcoin Entry? Crypto Research Firm Reveals The Best Time To Buy BTC The 4-hour candlestick chart below shows Bitcoin has been trading in a defined range since August 25, with equal lows forming a weak base around $107,000 and liquidity sitting just beneath. This makes a stop-hunt sweep a possible next step. Such a move, the analyst explained, would likely open up a bearish case of panic across the market, which might eventually cause fears of Bitcoin collapsing under the $100,000 price level. However, the analyst also identified the $103,000 to $105,000 price zone as the support level where buyers can step in. This area, according to him, would also be a logical entry point for swing long positions if the Bitcoin price indeed breaks down below $107,000. Conditions For A Bullish Recovery According to the analysis, Bitcoin bulls have a chance to prevent any breakdown below $100,000 by holding above $105,000 to $103,000. Despite laying out a bearish base case, Daan also described a roadmap for the bulls. Related Reading: Crypto Analyst Warns 90% Bitcoin Price Crash Is Coming, Here’s When The first condition would be strength above $115,000, which would mark a break of August’s range low, which has turned into resistance in the first week of August. A break and close above $115,000 would invalidate any short-term bearish momentum. Alternatively, he pointed to a quick liquidity grab below the monthly lows at $107,000, followed by a reclaim of the $107,000 and $112,000 levels, as the most bullish scenario. According to the analyst, this second setup could pave the way for a sustained one-to-two-month uptrend rally through October and November. For now, the analyst said he is on the sidelines except for short-term scalps. At the time of writing, Bitcoin is trading at $111,733, up 0.7% in the past 24 hours. Featured image from Pixabay, chart from Tradingview.com
The president announced his “CryptoCity” plans would be developed in Alatau, while the government would move forward to create a strategic crypto reserve with “promising assets.”
The SEC Crypto Task Force will hold a public roundtable on financial surveillance and privacy at its headquarters on Oct. 17.
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According to Guillemet, the malicious code — already pushed into packages with over 1 billion downloads — is designed to silently swap crypto wallet addresses in transactions. That means unsuspecting users could send funds directly to the attacker without realizing it.
The crypto market slipped into a risk-off mood over the weekend as the Crypto Fear & Greed Index fell to 44, moving from Neutral into Fear. Related Reading: MemeCore Explodes 3,800% For ATH — But Is A Collapse Around The Corner? Traders Shift Toward Large Caps Santiment said a heavy focus on large-caps can signal more cautious behavior among traders. Based on reports, that pattern was visible on Saturday when market activity narrowed and attention tightened around the biggest tokens. According to data firm Santiment, traders are pulling money out of obscure altcoins and putting it back into major names like Bitcoin, Ether, and XRP. Bitfinex analysts added that a broader return of momentum to smaller coins may wait until more spot crypto ETFs launch later this year. Price Moves Are Mixed According to Coingecko, Bitcoin is down 5% over the past month while Ether has risen 9% over the same period. The wider altcoin group is under pressure, even as a few tokens show isolated strength. CoinMarketCap’s Altcoin Season Index stood at 56 on Sunday, a level that technically meets the threshold for Altcoin Season when comparing the top 100 altcoins versus Bitcoin over a 90-day window. ???? THIS IS THE FINAL SHAKEOUT FOR ALTCOINS Alts are more OVERSOLD than during: COVID FTX Crash Tariff War No one believes anymore That’s exactly why the altseason is coming pic.twitter.com/7VTU742qmU — Rekt Fencer (@rektfencer) September 6, 2025 Altcoin Season And The Shakeout Some traders see the current pullback as a cleansing move. Trader Rekt Fencer said, “This is the final shakeout for altcoins,” pointing to falling volumes and nervous sentiment. That view is echoed by other market watchers who note that lower volumes can exaggerate price swings and make smaller tokens more volatile. Meanwhile, traders waiting for new inflows say they are watching ETF rollouts as a potential trigger for renewed interest in lower-cap assets. Anyone who thinks Bitcoin has to peak in Q4 of this year does not understand statistics or probability. The halving is completely irrelevant at this point, and there is zero fundamental reason—other than a psychological, self-fulfilling prophecy—for the peak to occur in Q4… — PlanC (@TheRealPlanC) September 5, 2025 Short-Term Risk Views And Cycle Warnings Market technician Daan Crypto Trades described Bitcoin’s price action as “undecisive” and warned it could sweep monthly lows to flush out late long positions. The analyst added that such a move should then cause some fear of it losing $100,000. Other analysts urge caution about drawing firm patterns from past cycles. Related Reading: Tighter Premiums Put Crypto Treasuries On Risky Road, According To NYDIG PlanC warned that relying on just three previous halving cycles is misleading, writing that anyone who expects Bitcoin to have to peak in Q4 this year “does not understand statistics or probability.” Michael van de Poppe offered a counterpoint, arguing that altcoins are “extremely undervalued” versus past cycles and that 2025 may play out very differently. Featured image from Meta, chart from TradingView
In a message Monday, the executive issued a warning that onchain and hardware crypto transactions may temporarily be at risk.
A new cyberattack is silently targeting crypto from users during transactions amid an incident that security researchers describe as the largest supply chain attack in history. BleepingComputer reported that hackers compromised NPM package maintainer accounts through phishing emails and injected malware that steals crypto. The attack targeted JavaScript developers with fraudulent emails appearing to originate […]
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Ledger CTO urges hardware wallet transaction checks and software wallet caution amid NPM supply chain attack.
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The breach hit core JavaScript libraries such as chalk and strip-ansi, downloaded billions of times each week, raising alarms over the security of open-source software.
Altcoins are flashing strong signals of a potential breakout, setting the stage for what could be the most powerful Altseason yet. After weeks of consolidation, market sentiment is shifting as traders anticipate altcoins outperforming Bitcoin in the coming sessions. The bullish outlook is further supported by expectations of continued U.S. Fed rate cuts through 2025, …
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Hyperliquid competitor Aster launches ASTER token on September 17 with 704M airdrop, kicking off Stage 2 of its Genesis program.
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