A lawsuit alleging that Bitcoin treasury firm Strategy misled investors by not being transparent about an accounting rule has been scrapped.
Crypto exchange Gemini lifted the price range for its initial public offering to $24 to $26 per share, setting up a debut that could value the company at about $3.2 billion, according to a filing this week. The New York-based exchange, run by Cameron and Tyler Winklevoss, previously aimed for a range of $17 to […]
The post Gemini raises IPO price range to $19 at the top end, targeting $435M raise appeared first on CryptoSlate.
Broadcom's strong performance boosts investor confidence, potentially driving further investment and innovation in the semiconductor industry.
The post Broadcom leads chip sector rally on strong Wednesday performance appeared first on Crypto Briefing.
The text chain revealed questions the Gemini co-founders sent Brian Quintenz in July that signaled they were looking for certain assurances regarding enforcement actions.
The SEC has extended deadlines for crypto funds tracking Solana and XRP, along with proposals targeting Ether staking.
Toncoin and Quant are two altcoins that have witnessed a surge in whale transactions recently, something that could foreshadow volatility for their prices. Toncoin & Quant Have Seen A Spike In Whale Transaction Count In a new post on X, on-chain analytics firm Santiment has talked about the latest trend in the Whale Transaction Count for two altcoins: Toncoin (TON) and Quant (QNT). This indicator measures the total amount of transfers occurring on a given network that are carrying a value of more than $100,000. Generally, only the big-money investors or “whales” are capable of making transfers this large, so the metric’s value is considered to correspond to the activity from this cohort. These holders generally carry some degree of influence in the market, so whenever they are on the move, the market itself could experience fluctuations. This can make their activity worth keeping an eye on. Related Reading: Bitcoin’s Most Resolute Diamond Hands Are Only Growing Older, Data Shows Below is the chart shared by Santiment that shows how the Whale Transaction Count has changed for Toncoin and Quant over the last few months. As is visible in the graph, the Whale Transaction Count has seen a large spike for both Toncoin and Quant recently, suggesting the whales have been active on the networks. Interestingly, despite being the much bigger network in terms of market cap, TON’s spike has only amounted to a value of 3, while QNT has observed the metric touch the 24 mark. That said, the small value that Toncoin has witnessed is still high when compared to the past. In fact, only one spike in the last three months has been compared to this one. In contrast, Quant has seen a few spikes of a similar scale. Thus, it would appear that whales just tend to be less active on TON in general. As for what the spikes could imply for the altcoins, price volatility may be coming, if the past is to go by. “Historically, large spikes in $100K+ sized moves foreshadow price direction changes,” explains the analytics firm. These changes, however, can occur in either direction. Whale Transaction Count only counts up the number of moves that the large entities are making and doesn’t contain any information about the breakdown between buy and sell moves. Related Reading: Cardano Pushes Past $0.85: Falling Wedge Breakout Confirmed? As such, it’s always hard to tell whether a spike in whale activity is bullish or bearish for the asset’s value. The whales being active on the Toncoin and Quant networks could only suggest that some sort of sharp price action may be on the horizon. TON Price At the time of writing, Toncoin is floating around $3.1, down around 1.6% over the last seven days. Featured image from Dall-E, Santiment.net, chart from TradingView.com
A widely used Bitcoin technical analysis indicator suggested that BTC is on the verge of an “explosive price expansion” toward new all-time highs.
The bug impacted some remote procedure call (RPC) nodes, causing them to fall out of sync, but did not impact onchain block production.
Sate Senator Keith Kelley of Alabama echoed concerns made by some banking groups after the passage of the GENIUS Act in July.
American exchange Gemini is the latest crypto firm seeking a multi-billion dollar valuation with its upcoming IPO.
President Trump’s CFTC chair nominee Brian Quintenz alleged that Tyler Winklevoss attempted to derail his confirmation after Quintenz refused to promise favorable treatment regarding the exchange’s past litigation with the commission. According to private text messages released by Quintenz on Sept. 10, Winklevoss shared Gemini’s 13-page complaint against the CFTC Inspector General in a July […]
The post Trump CFTC pick alleges Tyler Winklevoss attempted to influence his appointment, discloses private texts appeared first on CryptoSlate.
REX and Osprey clear the SEC’s 75-day window with multiple crypto ETFs poised to debut, even as regulators push back decisions on rival Ether, Solana and XRP products.
Brian Quintenz published what he said were text messages showing him refusing to make promises to the Winklevoss brothers in return for their support for his CFTC nomination.
SOL Strategies CEO Leah Wald outlined how Solana-focused digital asset treasury companies can drive institutional adoption and exchange-traded fund (ETF) flows. In an interview with CryptoSlate, Wald noted that multiple Solana treasury companies create a “rising tide” effect similar to Bitcoin miners benefiting alongside Bitcoin ETF inflows. She noted the parallel between Bitcoin ecosystem dynamics, […]
The post SOL Strategies CEO discusses Solana treasury companies’ role in driving institutional blockchain adoption appeared first on CryptoSlate.
XRP reserves grew by 1.2 billion, and the altcoin’s price topped $3 the next day. Is this a sign that traders expect new highs if an XRP ETF is approved by the SEC?
The JPMorgan analysts warned that other index providers may also reconsider their inclusion of Strategy and similar crypto treasury firms.
On Wednesday, Polygon PoS experienced 10–15 minute delays in recording block "milestones" after a bug was detected.
Avalanche (AVAX) has been riding a wave of optimism as bulls push for a breakout above the crucial $27–$28 resistance zone. Currently, AVAX trades just above $26.5, marking its fourth consecutive day of gains. Related Reading: Dogecoin Adam And Eve Pattern Teases Explosive Breakout: Here’s The Price Target The move comes as Ava Labs strengthens its ecosystem with two high-profile partnerships: an MoU with Korean firm WeBlock to expand real-world asset (RWA) tokenization and a collaboration with Toyota Blockchain Lab on mobility infrastructure. AVAX's price trends to the upside on the daily chart. Source: AVAXUSD chart from Tradingview Strategic Partnerships Drive Real-World Adoption for Avalanche The WeBlock deal is set to introduce regulation-compliant tokenized products and a new stablecoin pilot in South Korea. Meanwhile, the Toyota partnership aims to build the Mobility Open Network (MON), a blockchain-based system designed for smart transport, shared mobility, and even robotaxi fleets. Together, these initiatives reinforce Avalanche’s leadership in combining blockchain with practical real-world applications. Derivatives and Technical Indicators Support Bullish Outlook Market data shows AVAX open interest has surged to a record $1.07 billion, signaling strong capital inflows from derivatives traders. This suggests rising confidence that Avalanche is poised for a breakout. On the technical front, AVAX is trading above its 50-day and 200-day moving averages, confirming a Golden Cross and strengthening bullish sentiment. The RSI currently sits at 61, leaving room for further upside before hitting overbought levels. Similarly, the MACD histogram has turned positive, with its line crossing above the signal line earlier this week, both classic signs of accelerating momentum. AVAX Price Prediction: Bulls Eye $30 and Beyond If AVAX secures a decisive close above $26.9, analysts project a move toward the $29.78 pivot level, just shy of the $30 psychological milestone. A successful breakout could unlock further gains into the $32–$35 range within the next two to three weeks, aligning with broader bullish sentiment in altcoins like Solana (SOL) and Tron (TRX). Related Reading: Bitcoin Futures Pressure Score Hits 18%: Shorts Are Losing Momentum On the flip side, failure to hold current levels may trigger a retest of support near $25.15, with deeper downside risks emerging if $24.00 breaks. However, with institutional partnerships expanding and technical indicators flashing bullish, Avalanche remains one of the strongest breakout assets this September. Cover image from ChatGPT, AVAXUSD chart from Tradingview
AVNT posted a 43.3% price increase over the past 24 hours to record a 78% recovery from its bottom, despite continued sell pressure from its recent airdrop. Avantis airdropped AVNT tokens on Sept. 9 at a starting price of $0.488, but immediate selling activity from airdrop recipients seeking liquidity drove the token lower. The sell-off […]
The post Avantis AVNT token rebounds 78% from bottom driven by strong fundamentals appeared first on CryptoSlate.
The firm is building a “diversified cryptocurrency fund pool" including tokens related to "the Web3 pan-entertainment track."
Securities and Exchange Commission Chairman Paul Atkins appointed James Moloney on Wednesday to head the agency’s Division of Corporation Finance, placing a pro-crypto veteran at the helm of the influential unit that reviews IPO filings and corporate disclosures. Moloney, a partner at Gibson, Dunn & Crutcher, previously worked at the SEC from 1994 to 2000, […]
The post SEC chief Atkins picks pro-crypto veteran director to lead corporate finance division appeared first on CryptoSlate.
Bitcoin and altcoins picked up momentum after the softer-than-expected US inflation numbers boosted traders' confidence for a rate cut during the Federal Reserve's next meeting.
The "largest npm compromise in history" targeting crypto wallets through JavaScript packages has netted hackers just $1,043.
LayerZero Omnichain wstUSR OVault Cross-Chain Staking enables unified collateral and seamless staking across eight blockchains.
The post LayerZero enables omnichain wstUSR with OVault for seamless cross-chain staking appeared first on Crypto Briefing.
Ethena’s synthetic stablecoin, USDe, has climbed to over $13 billion in circulation less than a day after it was listed on Binance. DeFiLlama data shows supply jumped nearly 2% in 24 hours to about $13.2 billion, making it the fastest-growing stablecoin in the past day. This rapid expansion has been ongoing over the past month, […]
The post Ethena’s USDe stablecoin surges to over $13B after Binance listing appeared first on CryptoSlate.
SEC Chairman Paul Atkins has been vocal in his support of digital assets but his agency continues to punt on many ETFs.
Fuller allegedly ran a crypto investment company called Privvy Investments, and used investor funds on personal purchases.
The region has growing institutional momentum and retail adoption, as the countries face economic challenges that could provide fertile ground for Web3.
XRP has entered a shocking new phase of development, with reports confirming its ledger’s use in debt tokenization. This development comes when the United States (US) faces a multitrillion-dollar debt problem, drawing attention to the XRP Ledger’s (XRPL) potential role in modernizing how debt is managed and settled on a larger scale. As adoption for XRPL accelerates, its integration into debt-related infrastructure highlights how blockchain technology is beginning to intersect with the world’s largest financial challenges. XRP Ledger: A Potential National Debt Solution Crypto analyst SMQKE has alerted the crypto community to a shocking World Economic Forum (WEF) report, highlighting the XRP Ledger’s active use in tokenizing debt instruments. The report shared in an X social media post on Monday disclosed that Aurum Equity Partners has launched the world’s first combined private equity and tokenized debt fund, valued at $1 billion, using XRPL as its foundation. Related Reading: Ripple’s XRP Ledger Just Introduced A Pivotal Update In Its Quest For Dominance This fund was designed to fuel global data center investment, enhancing liquidity and investor access through secondary markets. Moreover, the launch of the tokenized debt fund is being hailed as a turning point because it combines Zoniqx’s tokenization technology with the speed, security, and efficiency of the XRP Ledger. Crypto analyst ‘X Finance Bull’ also described this recent development as a reconstruction of market architecture, where private equity, debt, and blockchain technology converge into a single system. He argued that XRPL’s ability to link equity and debt tokenization marks the beginning of a new financial standard—one that lowers barriers and offers exposure to markets previously reserved for institutions. More interestingly, as concerns grow over the US national debt, now exceeding $36 trillion, the potential for the XRP Ledger to be used as a solution remains uncertain. In theory, by enabling the tokenization of debt on a secure and transparent network, XRPL introduces the possibility of transforming trillion-dollar debt obligations into a more liquid, tradeable, and efficiently settled asset. XRP’s Expanding Role And Bullish Market Outlook In light of XRPL’s latest debt tokenization breakthrough, X Finance Bull released an optimistic forecast for XRP’s price performance. He argued that with the ledger now carrying a $1 billion tokenized equity and debt fund, entire sectors within this market are beginning to migrate onto XRP rails. As a result, this positions XRPL as the backbone of a new financial system. Related Reading: Analyst Predicts The XRP Price If 10% Of Global Assets Are Tokenized The crypto analyst has also indicated that XRP’s price potential is far greater than current expectations. While some anticipate a move toward $10, X Finance Bull projects that XRP could rise into the four-figure range as tokenized debt and equity markets expand into trillions of dollars. Whether or not the forecasted target proves accurate, the recent Aurum debt fund launch underscores that XRPL is already operating at the intersection of traditional finance and blockchain technology. Featured image from Adobe Stock, chart from Tradingview.com
CME Group rolling futures indices launch provides benchmarks for agriculture, crypto, energy, FX, Treasury, and metals markets.
The post CME Group launches rolling futures indices for agriculture, crypto, energy, FX, Treasury, and metals markets appeared first on Crypto Briefing.