BitMine Immersion announced it acquired an additional 264,378 ETH, bringing its total holdings to 2,416,000 tokens, over 2% of Ethereum’s total supply. The company’s combined crypto and cash reserves now stand at $11.4 billion. As one of the largest institutional ETH holders, BitMine is aiming to increase its stake further. This growing treasury highlights its …
Hong Kong is racing to become Asia’s digital asset hub, but Beijing has just hit the pause button. According to Reuters, the China Securities Regulatory Commission (CSRC) has advised at least two major brokerages to halt their real-world asset (RWA) tokenization business in Hong Kong. The move reflects growing caution in Beijing as Chinese firms …
Bitget's move highlights the growing integration of crypto and traditional finance, potentially increasing market accessibility and liquidity.
The post Bitget introduces 25 US stock U-based perpetual contracts with high leverage appeared first on Crypto Briefing.
Crypto stocks tumbled in pre-market trading as bitcoin and ether extended heavy overnight losses, fueling $1.6 billion in liquidations across derivatives exchanges.
Ethereum has come under heavy selling pressure, slipping below $4,200 after a sharp daily decline of nearly 7%. The move wiped out more than $44 billion in market value in less than a week and left traders questioning whether bulls can hold the $4,000 psychological zone. With ETH now down over 15% from its all-time …
China’s Securities Regulatory Commission (CSRC) has advised some domestic brokerages to temporarily halt their real-world asset (RWA) tokenization activities in Hong Kong. At least two major brokerages received informal guidance amid Beijing’s concerns over rapid growth in the offshore digital asset market. This move aims to strengthen risk management and ensure legitimacy in RWA projects. …
China's regulatory caution on asset tokenization may hinder domestic innovation, impacting its competitive edge in global financial markets.
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Your day-ahead look for Sept. 22, 2025
AI tools like Grok and ChatGPT are changing how traders approach crypto day trading, spotting sentiment shifts in real time and turning them into structured trade plans.
After weeks of strong gains, the crypto market is slowing down, with major altcoins like Ethereum, XRP, Solana, and Dogecoin seeing sharp declines. Indicating that traders and investors start shifting focus from aggressive altcoin plays to safer positions. On-chain data provider CryptoQuant suggests that the recent altcoin rotation may be coming to an end, marking …
PancakeSwap has integrated Relay Protocol, enabling instant cross-chain token swaps with Solana and six other major networks, including BNB Chain, Arbitrum, Base, Ethereum, ZKsync, and Linea. This new feature lets users swap tokens seamlessly in seconds, without using bridges or multiple apps, cutting costs and risks. PancakeSwap aims to simplify DeFi by making cross-chain trading …
XRP’s growing momentum has not only intensified price speculations but has also placed it in direct comparison with Bitcoin in one surprising metric, especially in the South Korean market. Data shows that XRP is now challenging Bitcoin’s dominance in the South Korean crypto world, as evidenced by the reserves of Upbit, the biggest crypto exchange in the country in terms of trading volume and market share. Upbit’s Unusual XRP Reserve Levels On-chain data shows how XRP is beginning to challenge Bitcoin’s long-standing dominance in South Korea, where trading activity is among the most vibrant globally. As the leading cryptocurrency, most exchanges across the world hold Bitcoin as the dominant reserve asset, with BTC traditionally accounting for the largest share of exchange portfolios. This has been the case because exchange reserves are shaped by customer demand, and Bitcoin has been the preferred asset for traders. Related Reading: Analyst Uses AI To Show How High The XRP Price Will Be If XRP ETFs Are Approved However, it would seem the Korean market is bucking the trend, and investors are getting more inclined to XRP. According to on-chain data from CryptoQuant, which was first posted on the social media platform X by an analytics account called CryptoOnchain’s, XRP is challenging Bitcoin’s dominance on Upbit, which is the biggest crypto exchange in South Korea. This trend began in December 2024, when Upbit started significantly increasing its XRP reserves. At the time of writing, the amount of XRP held by the exchange is now at levels that rival its Bitcoin holdings. As shown in the chart below, XRP’s USD value in Upbit’s reserves has risen steeply alongside Bitcoin’s since the beginning of the year, with XRP even breaking above $20 billion briefly before retracing. As of now, the value of XRP reserves on Upbit is around $18 billion, only slightly below Bitcoin’s $20 billion on the platform. For comparison, Ethereum’s holdings on Upbit are just a little above $5 billion. This shows how XRP has carved out a position much closer to Bitcoin than any other major cryptocurrency on the exchange. Implications For The Altcoin’s Future Demand Monitoring these reserve trends at Upbit could serve as an important indicator for XRP’s trajectory in the months ahead. Given Upbit’s large influence in Asia, its portfolio balance has implications beyond its own platform, and it could shape XRP’s demand and price action within the continent. Related Reading: Analyst Sounds Major XRP Warning: Last Chance To Get In As Accumulation Balloons Trading data has shown periods of exceptionally high XRP trading volume and activity on Upbit in the past. If the altcoin continues to maintain parity with Bitcoin in Upbit’s reserves, it would signal a deep structural preference for the token in one of the world’s most active trading hubs, and this would, in turn, add weight to bullish arguments of a sustained upward price momentum. At the time of writing, XRP is trading at $2.81, down by 6.5% in the past 24 hours. Featured image from Adobe Stock, chart from Tradingview.com
Midas, in partnership with Axelar, has launched mXRP, a tokenized XRP product currently targeting a base yield of up to 8%.
South Korea has hit a new milestone in crypto monitoring but it’s not one to celebrate. Authorities say the number of suspicious crypto transactions flagged this year has already smashed past the combined totals of the last two years. What does this mean for you? Read on. Record Surge in Reports Between January and August …
Although investors initially reacted cautiously to the "hawkish cut," inflows resumed later in the week, CoinShares' James Butterfill said.
Metaplanet became the world’s fifth-largest corporate Bitcoin holder after buying 5,419 BTC, bringing its total to 25,555 BTC worth nearly $3 billion.
Bitget has introduced 25 new US stock U-based perpetual contracts, offering up to 25x leverage with trading fees capped at just 0.06%. The selection covers big names like Tesla, Apple, Nvidia, Coinbase, and Alibaba. Available five days a week with 24-hour access, the move blends the nonstop flexibility of crypto trading with exposure to leading …
September 22, 2025 11:03:56 UTC Arthur Hayes Sells $5.1M HYPE Amid Upcoming Token Unlocks Arthur Hayes, once a major bullish backer of Hyperliquid ($HYPE) and predicting 100x gains, has dumped his entire $5.1 million position purchased just a month ago. The decision comes ahead of massive token unlocks, adding $410 million in potential monthly sell …
The crypto market is facing a sudden crypto sell-off today, with Bitcoin dropping sharply from $115K to $112K within minutes. This rapid movement has many traders asking, “Why has crypto dropped today?” Analysts suggest the dip is likely driven by crypto liquidations today and stop-loss hunting, as large positions get automatically closed, causing cascading downward …
Global exchanges Coinbase and OKX are betting big on Australia’s pension pie, pushing crypto into self-managed super funds.
Bitcoin ETFs drove crypto fund gains last week, posting four consecutive weeks of inflows totaling $3.9 billion, according to SoSoValue.
Bitcoin’s drop to $112,000 saw significant liquidations of late longs, with online metrics suggesting that BTC’s bullish conviction is fading.
Binance founder Changpeng Zhao has shifted his view on memecoins after his new education initiative, Giggle Academy, received millions of dollars in crypto donations. The project, designed to provide free learning opportunities, surpassed $2.4 million in contributions within days of launching its donation feature, according to the Giggle Fund website. Giggle memecoin Zhao shared on […]
The post Binance’s Changpeng Zhao changes his tune on memecoins after Giggle token floods academy with $2.4M appeared first on CryptoSlate.
Safe-haven flows pushed gold to new records while bitcoin stumbled, highlighting shifting investor dynamics.
The newly-launched firm is backed by UK bitcoin exchange CoinCorner, with investors including Blockstream CEO Adam Back.
The cryptocurrency market faced a brutal shake-up as Bitcoin slipped below the $115,000 mark and Ethereum dropped under $4,500, erasing weeks of bullish momentum. What started as a period of cautious optimism quickly turned into a wave of panic selling, leaving bulls struggling to regain control. The sharp correction has pushed the market into a new, uncertain phase where confidence is being tested, and short-term volatility is dominating sentiment. Related Reading: Coinbase Reserves Hit $112B: Highest Level Since 2021 Market Peak Top analyst Maartunn highlighted one of the key drivers behind the downturn: an overleveraged derivatives market. In the last 24 hours alone, the crypto market witnessed $597 million in BTC and ETH long liquidations, marking one of the heaviest waves of forced selling in recent months. This liquidation wipeout serves as a harsh reminder to tradersof the risks of excessive leverage in a market that can turn abruptly. The selloff also underscores the fragile balance between bullish enthusiasm and macroeconomic uncertainty. With central banks recalibrating policy and liquidity conditions tightening, crypto faces a complex environment. As prices test lower support levels, the coming days will reveal whether this correction is a temporary shakeout or the beginning of a deeper phase of market revaluation. Liquidations Trigger Speculation on Crypto’s Next Phase According to Maartunn, the past 24 hours delivered one of the harshest blows to overleveraged traders this year. Data shows that $189 million in Bitcoin longs were liquidated, alongside an even larger $408 million in Ethereum longs, bringing the total wiped out positions close to $600 million. This wave of liquidations happened within hours, highlighting just how fragile sentiment can be when leverage builds up across major assets. The sudden sell-off sent shockwaves through the market, forcing bulls to retreat as Bitcoin slipped under the $115K level and Ethereum dropped below $4,500. Traders who had built aggressive long positions in anticipation of continued upside quickly found themselves on the losing side, as cascading liquidations amplified the decline. Such events are not uncommon in crypto, but the size and speed of this move have left investors reassessing the short-term landscape. Now, speculation is heating up about what comes next. Some analysts argue this was nothing more than a leverage reset, a necessary purge to clear excessive speculation and allow the market to build a healthier foundation for the next leg upward. Others are less optimistic, viewing the event as a potential trigger for a corrective stage, where broader selling pressure could drag prices lower before any recovery. What’s clear is that the market has entered a new phase of uncertainty. Investors are watching closely for whether fresh demand steps in to stabilize prices, or if further selling pressure forces a deeper pullback. Until clarity emerges, volatility is likely to dominate. Related Reading: Tron Integration Marks Next Phase Of PayPal USD’s Multi-Chain Growth – Details Total Crypto Market Cap Analysis The total cryptocurrency market cap has experienced a sharp pullback, currently sitting around $3.83 trillion after a 3.3% daily decline. The chart highlights the rejection near the $4 trillion mark, a key psychological resistance level that has repeatedly capped upward moves in recent weeks. Despite this setback, the market remains well above its medium-term supports, suggesting the broader uptrend is still intact. Looking at the moving averages, the 50-day SMA (~$3.87T) is being tested, and a decisive close below could open the door to further downside toward the 100-day SMA (~$3.68T). However, as long as the market holds above this zone, the bullish structure remains valid. The 200-day SMA (~$3.31T) continues to provide a strong foundation for the longer-term trend, showing that the bull market context remains strong. Related Reading: FalconX Adds To Solana Stash: $28.39M In SOL Pulled From Binance This recent drop reflects the heavy liquidations across BTC and ETH longs, which have rippled through altcoins, increasing volatility across the board. If the market stabilizes above $3.8T, it could set the stage for another attempt at breaking $4T. Conversely, a deeper breakdown below $3.7T may shift momentum, signaling a potential corrective phase in the short term. Featured image from Dall-E, chart from TradingView
South Korea reportedly flagged a record 36,684 suspicious crypto transactions in 2025, surpassing the combined total of the past two years.
Yield-bearing stablecoins promise steady income onchain, but regulation, taxes and risks make them more complex than cash. Here’s what you need to know in 2025.
To guard against a distant quantum risk, El Salvador moved 6,000 BTC into 14 wallets, a move hailed as prudent custody by some and theatrics by others.
The introduction highlights a push to tie the XRP ledger into cross-chain liquidity flows, with returns projected at 6%–8% dependent on strategy performance.