NEW YORK, Sept. 26, 2025 (GLOBE NEWSWIRE) -- Quantumsphere Acquisition Corporation (NASDAQ: QUMSU, the “Company”), a Cayman Islands exempted company, announced that holders of its 8,280,000 units sold in the Company’s initial public offering may elect to separately trade the ordinary shares and rights included in the units, commencing on or about September 30, 2025.
Any units not separated will continue to trade on the Nasdaq Global Market (the “Nasdaq”) under the symbol “QUMSU,” and the separated ordinary shares and rights are expected to trade on the Nasdaq under the symbols “QUMS” and “QUMSR”, respectively. Holders of units will need to have their brokers contact Continental Stock Transfer & Trust Co., the Company’s transfer agent, in order to separate the units into ordinary shares and rights.
This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.
About Quantumsphere Acquisition Corporation
Quantumsphere Acquisition Corporation is a blank check company formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. The Company’s efforts to identify a prospective target business will not be limited to a particular industry or geographic region.
Forward-Looking Statements
This press release includes forward-looking statements that involve risks and uncertainties. Forward-looking statements are statements that are not historical facts. Such forward-looking statements are subject to risks and uncertainties, which could cause actual results to differ from the forward-looking statements. The Company expressly disclaims any obligations or undertaking to release publicly any updates or revisions to any forward- looking statements contained herein to reflect any change in the Company’s expectations with respect thereto or any change in events, conditions or circumstances on which any statement is based.
, /PRNewswire/ -- General Dynamics Electric Boat, a business unit of General Dynamics (NYSE: GD), announced today it has been awarded a $642 million contract modification to a previously awarded contract supporting submarine production. This modification is for a cost-plus-fixed-fee modification to a previously awarded contract (N00024-20-C-2120) for Lead Yard Support and Development Studies and Design efforts related to Virginia-class submarines, as detailed in the U.S. Department of War contract award.
General Dynamics Electric Boat designs, builds, repairs and modernizes nuclear for the U.S. Navy.
"This contract modification supports our efforts to deliver the submarines our Navy needs as quickly as possible," said Mark Rayha, president of General Dynamics Electric Boat. "This funding allows us to continue our design and development efforts in order to sustain and extend our nation's operational overmatch against any potential adversaries. With the support of the administration, the Navy and Congress, we are prepared to deliver the advantage to protect our sailors, our families and our freedom."
General Dynamics Electric Boat designs, builds, repairs and modernizes nuclear submarines for the U.S. Navy. Headquartered in Groton, Connecticut, it employs more than 24,000 people. More information about General Dynamics Electric Boat is available at www.gdeb.com.
Headquartered in Reston, Virginia, General Dynamics is a global aerospace and defense company that offers a broad portfolio of products and services in business aviation; ship construction and repair; land combat vehicles, weapons systems and munitions; and technology products and services. General Dynamics employs more than 110,000 people worldwide and generated $47.7 billion in revenue in 2024. More information is available at www.gd.com.
SOURCE General Dynamics
WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?
440k+
Newsrooms &
Influencers
9k+
Digital Media
Outlets
270k+
Journalists
Opted In
2025-09-27 00:582mo ago
2025-09-26 20:152mo ago
Bloom Energy: The Not Too Overvalued Bet Fueling The Data Center CapEx Boom
Analyst’s Disclosure:I/we have a beneficial long position in the shares of BE either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.
2025-09-27 00:582mo ago
2025-09-26 20:192mo ago
Wellfield Technologies Inc. Provides Management Cease Trade Order Update
Toronto, Ontario--(Newsfile Corp. - September 26, 2025) - Wellfield Technologies Inc. (TSXV: WFLD) (OTC Pink: WFLDF) (FSE: K8D) (the "Company" or "Wellfield") is providing an update with respect to its previously announced management cease trade order ("MCTO") issued by the British Columbia Securities Commission (the "BSCS") under National Policy 12-203 - Management Cease Trade Orders ("NP 12-203"), as previous disclosed in the news releases of the Company dated July 17, 2025 (the "Default Announcement") and July 31, 2025 (the "MCTO News Release"). The Company and its auditors continue to work diligently to file the audited financial statements and related annual management's discussion and analysis (MD&A) for the financial year ended March 31, 2025, as required under Part 4 and Part 5, respectively, of National Instrument 51-102 - Continuous Disclosure Obligations, and related certifications of such filings by the Company's chief executive officer and chief financial officer as required under Part 4 of National Instrument 52-109 - Certification of Disclosure in Issuers' Annual and Interim Filings (collectively, the "Annual Filings").
Key Takeaways 5 S&P 500 members are on the reporting docket this week. Companies reporting include Nike (NKE) and Carnival (CCL). Q3 earnings are currently expected to grow 5.3% YoY on 6.1% higher revenues.
This week’s quarterly reports from Nike (NKE - Free Report) , Carnival (CCL - Free Report) , and three other S&P 500 members for their respective fiscal quarters ending in August will get counted as part of our September-quarter tally. We have already seen such fiscal August-quarter results from 14 S&P 500 members, including results from Oracle, Adobe, FedEx, and others.
We will discuss current expectations for Nike and Carnival later in this note, but we will first review the aggregate Q3 expectations for the S&P 500 index as a whole.
The expectation is for Q3 earnings to increase by +5.3% from the same period last year on +6.1% higher revenues. This would follow earnings growth rates of +12.5% and +12.3% in 2025 Q2 and Q1, respectively.
In the unlikely event that actual Q3 earnings growth for the S&P 500 index turns out to be +5.3% as currently expected, this will be the lowest earnings growth pace for the index since the +4.4% growth rate in 2023 Q3.
Regular readers of our earnings commentary are familiar with us consistently flagging the favorable shift in the revisions trend that has been in place for the last few months. We have regularly featured how Q3 estimates moved higher after the start of the period, marking a shift from the trends observed in the first two quarters of the year.
The positive revisions trend has not been restricted to Q3 alone, as estimates for Q4 have also moved higher lately, as the chart below shows.
Image Source: Zacks Investment Research
Since the start of July, Q4 estimates have increased for 7 of the 16 Zacks sectors, which include the Tech, Finance, and Energy sectors. Other sectors enjoying positive estimate revisions for Q4 include Retail, Utilities, Transportation, and Business Services.
While Q4 estimates for the remaining 11 sectors have been under pressure, the favorable revisions trend for the Tech and Finance sectors is more than enough to offset their effect on the aggregate trends at the index level, as these two sectors alone account for more than 50% of the index’s total earnings.
On the negative side, Q4 estimates remain under pressure for 8 of the 16 Zacks sectors, with the notable estimates pressure at the Consumer Discretionary, Medical, Autos, Industrial Products, and Construction sectors.
The Tech sector, which has been a standout growth driver in recent quarters, is expected to continue playing that role in the coming periods as well. For 2025 Q3, Tech sector earnings are expected to increase +12% on +12.7% higher revenues, with Q4 earnings currently expected to be up +8.7% on +11.4% revenue growth.
The chart below shows the Tech sector’s earnings and revenue growth picture on a quarterly basis, with expectations for 2025 Q3 contrasted with actual growth for the preceding two periods and expectations for the following three quarters.
Image Source: Zacks Investment Research
Key Earnings Reports This weekWe have more than 20 companies scheduled to report results this week, including five S&P 500 members. In addition to Nike and Carnival, notable companies reporting this week include Paychex, AutoZone, ConAgra, and others. ghg
Nike is expected to report $0.28 per share in earnings on $11 billion in revenues, representing year-over-year changes of -60% and -5%, respectively. While estimates have been stable lately, sentiment on the stock remains weak given expectations of an elongated recovery. The stock has gained some ground since the last quarterly release in late June, but still remains -8.4% down this year. Nike reports after the market’s close on Tuesday, September 30th.
Carnival estimates have modestly moved up lately, with the cruise line operator expected to report $1.32 per share in earnings on $8.07 billion in revenues, representing year-over-year changes of +3.9% and+2.3%, respectively. Carnival shares have been standout performers lately, with the stock up +23.1% in the year-to-date period.
The Earnings Big PictureThe chart below shows current Q3 earnings and revenue growth expectations for the S&P 500 index in the context of the preceding 4 quarters and the coming three quarters.
Image Source: Zacks Investment Research
The chart below shows the overall earnings picture on a calendar-year basis.
Image Source: Zacks Investment Research
In terms of S&P 500 index ‘EPS’, these growth rates approximate to $258.12 for 2025 and $290.98 for 2026.
For a detailed view of the evolving earnings picture, please check out our weekly Earnings Trends report here >>>>What Will the Q3 Earnings Season Show?
2025-09-27 00:582mo ago
2025-09-26 20:432mo ago
Watch Jim Cramer's interview with Johnson & Johnson CEO Joaquin Duato
CNBC's Jim Cramer sits down with Johnson & Johnson CEO Joaquin Duato to talk about the company's outlook, President Trump's 100% tariff on some pharmaceutical imports, cancer treatment innovation and more.
2025-09-27 00:582mo ago
2025-09-26 20:462mo ago
Will Nike Stock Keep Rebounding as Its Q1 Results Approach?
Nike (NKE - Free Report) will take the spotlight next week, with the iconic apparel leader set to report results for its fiscal first quarter on Tuesday, September 30.
Feeling the high inflationary aftermath that has led to a more cost-conscious consumer, Nike stock has lost considerable mojo in recent years, like other prominent apparel retailers such as Lululemon (LULU - Free Report) and Crocs (CROX - Free Report) .
However, investor sentiment has started to build again amid Nike’s plan to strategically refocus on product innovation, storytelling marketing campaigns, and wholesale distribution after previously alienating partners like Foot Locker and Macy’s (M - Free Report) to build out its direct-to-consumer (DTC) reach.
While NKE has climbed off its 52-week low of $52 a share, Nike stock is still more than 20% from a one-year high of $90.
Image Source: Zacks Investment Research
Nike’s Q1 ExpectationsNike’s Q1 sales are expected to be down 5% to $11 billion versus $11.59 billion in the comparative quarter. That said, a steeper decline is expected on Nike’s bottom line, with Q1 EPS thought to have fallen to $0.28 compared to $0.70 per share a year ago.
Outside of the need to address product innovation, the decline in Nike’s top and bottom line figures is also attributed to tariff headwinds, particularly in China, with quarterly revenue in its Greater China segment projected to drop 14%.
Still, Nike has exceeded the Zacks EPS Consensus for eight consecutive quarters with an impressive average earnings surprise of 41.99% in its last four quarterly reports.
Image Source: Zacks Investment Research
Tracking Nike’s OutlookDespite its stronger-than-expected operational performance, Wall Street will be closely monitoring Nike’s guidance and any updates as to how its strategic overhaul will hopefully rectify its downturn.
Making Nike’s outlook more crucial, Lululemon continued an impressive streak of exceeding its quarterly earnings expectations earlier in the month, but saw its stock free-fall to new multi-year lows after slashing its guidance due to tariff impacts.
Fortunately for Nike, the company is better suited to handle tariff headwinds thanks to its supply chain maturity, having a deeper global infrastructure that includes diverse manufacturing from multiple countries outside of China.
Overall, Nike’s total sales are currently slated to dip 1% in its current fiscal 2026 but are projected to rebound and rise 6% in FY27 to $48.41 billion. Nike’s annual earnings are forecasted to drop over 20% in FY26 to $1.68 per share, although FY27 EPS is projected to rebound and spike 58% to $2.59.
Image Source: Zacks Investment Research
Bottom LineNike’s Q1 report will be critical to what is hopefully a continued rebound in NKE shares, and for now, the apparel leader's stock lands a Zacks Rank #3 (Hold). Undoubtedly, Nike has the brand placement that should eventually reignite its growth, but providing favorable guidance would be reassuring, as NKE is trading at a noticeable premium to the broader market at 41X forward earnings.
The price of TRON (TRX) has fallen below the moving average lines after failing, as Coinidol.com reports.
TRON price long-term forecast: bearish
The altcoin was rebuffed twice at the $0.35 mark before falling below the moving average.
Since September 11, investors have tried to push the price above its previous high of $0.369 but have failed. TRON is currently trading at a low of $0.33. If the current support level is broken, the altcoin will return to its previous low of $0.31. The altcoin will continue to trade in the $0.33 to $0.35 range if the current support holds.
Technical Indicators
Key Resistance Zones: $0.40, $0.45, and $0.50
Key Support Zones: $0.20, $0.15, and $0.10
TRON price indicators analysis
TRON is at risk of falling if the price bars drop below the moving average lines. Both charts show the 21-day SMA below the 50-day SMA, indicating a decline. The price bars are characterised by a doji candlestick, which means that the altcoin remains in the bearish trend zone.
TRX/USD daily chart - September 26, 2025
What is the next move for TRX?
The price of TRON has remained above the $0.33 support in the last 48 hours. TRX is bouncing around the $0.33 support and below the moving average lines. If the bears breach below the $0.33 support level, selling pressure will begin. The altcoin will resume a bullish trend if buyers sustain the price above the moving average lines.
TRX/USD 4-hour chart - September 26, 2025
Disclaimer. This analysis and forecast are the personal opinions of the author. The data provided is collected by the author and is not sponsored by any company or token developer. This is not a recommendation to buy or sell cryptocurrency and should not be viewed as an endorsement by Coinidol.com. Readers should do their research before investing in funds.
2025-09-26 23:582mo ago
2025-09-26 18:042mo ago
USDE Stablecoin Loses 15% Amid Liquidity and Redemption Pressure
USDE, a prominent algorithmic stablecoin, experienced a dramatic 14.99% drop in value over 24 hours on September 25, 2025, trading near $0.9992. This sharp decline marks a substantial deviation from its intended 1:1 dollar peg and highlights emerging concerns about liquidity and the resilience of its multi-asset reserve system.
2025-09-26 23:582mo ago
2025-09-26 18:042mo ago
Cyber Hornet Seeks SEC Nod for S&P 500 and XRP ETF
CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
Cyber Hornet has filed with the U.S. Securities and Exchange Commission (SEC) to launch a new exchange-traded fund (ETF) that combines exposure to the S&P 500 with XRP. The SEC filing also outlines two additional products under the same structure.
Cyber Hornet Expands ETF Suite With XRP, Ethereum and Solana Products
The SEC filing shows that the Cyber Hornet S&P 500 and XRP 75/25 Strategy ETF will trade under the ticker “XXX” if approved. The ETF aims to replicate the performance of the S&P 500 and the S&P XRP Futures 75/25 Blend Index.
This benchmark places 75% of its assets in S&P 500 stocks and 25% in XRP futures traded on the Chicago Mercantile Exchange. To maintain its exposure, the fund will also invest directly in XRP and may use exchange-traded products tied to the asset.
The other two products are focused on Ethereum and Solana. The Cyber Hornet S&P 500 and Ethereum 75/25 Strategy ETF will trade under ticker “EEE.” However, the Cyber Hornet S&P 500 and Solana 75/25 Strategy ETF will trade under ticker “SSS.”
Both funds follow the same design, combining equities with futures contracts for their respective cryptocurrencies. Ethereum exposure will be managed through Ether futures on the CME and direct holdings.
In contrast, the Solana exposure will track the S&P Solana Futures Index. This filing comes as Solana investment products are already gaining momentum, with REX-Osprey’s Solana staking ETF recently hitting a new AUM high.
The three Cyber Hornet ETFs will carry an annual management fee of 0.95%, with no shareholder transaction fees. Based on SEC estimates, a $10,000 investment would incur about $100 in fees after one year and $312 after three years.
The funds will rebalance monthly to maintain the 75/25 allocation. However, Cyber Hornet reserves the option to adjust more often in periods of volatility.
Nasdaq Listing Would Bridge S&P 500 Benchmarks With Leading Cryptocurrencies
As with other ETFs, shares may trade at a premium or discount to their net asset value. This move follows recent progress in the sector, with the SEC approving Hashdex’s index ETF to include XRP and Solana.
If approved, the Cyber Hornet ETFs will trade on Nasdaq. There, shares can be bought and sold like any listed stock. Only authorized participants can create or redeem 25,000-share blocks directly with the fund, while retail investors will use the open market.
Cyber Hornet’s filings highlight a growing effort to link Wall Street benchmarks with digital assets beyond Bitcoin. Also, these ETFs would be the first in integrating XRP, Ethereum and Solana with a regulated S&P 500 strategy.
Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.
2025-09-26 23:582mo ago
2025-09-26 18:302mo ago
Crypto Whales Bought These 3 Altcoins In The Final Week Of September 2025
Crypto whales are accumulating WLFI, PEPE, and POL despite Bitcoin’s drop below $110K, signaling targeted altcoin confidence. WLFI whales added 26.72M tokens, while PEPE holders boosted supply 1.36% and POL whales bought 220K tokens amid dips. Whale accumulation hints at recovery potential, but weak demand could still push WLFI, PEPE, and POL to deeper support levels.Bitcoin’s steady decline this week, culminating in its dip below the critical $110,000 level yesterday, has severely dampened broader market sentiment.
The pullback has gradually pushed many altcoins to multi-week lows, creating strategic accumulation opportunities for large investors. Amid this, crypto whales have been buying select altcoins, signaling renewed confidence in specific tokens. This piece examines some of them.
World Liberty Financial (WLFI)Sponsored
Donald Trump-linked WLFI is one of the key altcoins attracting whale interest this week. This comes amid the 13% dip in the altcoin’s value over the past seven days.
According to on-chain data from Santiment, whale addresses holding between 1 million and 10 million WLFI tokens have increased their holdings by 26.72 million during the week under review.
WLFI Supply Distribution. Source: Santiment
Today, World Liberty Finance announced that its team will implement a token buyback and burn mechanism this week. If this move also sparks renewed bullish momentum, combined with the recent uptick in whale demand, WLFI’s price could rise to $0.2059.
WLFI Price Analysis. Source: TradingView
Conversely, if demand wanes, the token could see a pullback toward $0.1814.
Sponsored
PEPE
Solana-based meme coin PEPE has also seen significant interest from crypto whales.
According to Nansen, large investors holding more PEPE tokens worth more than $1 million have increased their supply by 1.36%, taking advantage of broader market weakness to build positions.
PEPE Whale Activity. Source: Nansen
This accumulation reflects growing confidence among high-net-worth investors, who view the current market dip as a strategic entry point.
Sponsored
Sustained whale activity could support further gains for PEPE and drive its price upward to $0.00000984.
PEPE Price Analysis. Source: TradingView
On the other hand, a slowdown in whale buying may leave the token vulnerable to further short-term declines. In this scenario, its price could plunge to $0.00000830.
Polygon Ecosystem Token (POL)
POL’s price has dwindled 16% in the past seven days. Amid this dip, large wallet addresses holding between 100,000 and 1 million tokens are actively accumulating the altcoin, capitalizing on lower price levels across the broader crypto market.
Sponsored
Per Santiment, during the week in review, the supply of this investor cohort has gone up 220,000 POL tokens.
WLFI Supply Distribution. Source: Santiment
This trend suggests that POL whales are taking advantage of its lackluster performance and positioning ahead of anticipated market recovery.
If accumulation persists, POL could reverse its downtrend and climb to $0.2308.
POL Price Analysis. Source: TradingView
However, renewed selloffs could push the token’s price toward $0.1092.
Disclaimer
In line with the Trust Project guidelines, this price analysis article is for informational purposes only and should not be considered financial or investment advice. BeInCrypto is committed to accurate, unbiased reporting, but market conditions are subject to change without notice. Always conduct your own research and consult with a professional before making any financial decisions. Please note that our Terms and Conditions, Privacy Policy, and Disclaimers have been updated.
2025-09-26 23:582mo ago
2025-09-26 18:452mo ago
Swift is piloting a blockchain-based messaging system with Consensys' Ethereum layer-2 Linea
Swift, the payments network that keeps global banking running, is dipping its toes into blockchain. The company is testing whether its core messaging system, the mechanism that allows more than 11,000 banks to securely talk to each other, could one day run on-chain.
The experiment, reported by Grégory Raymond of The Big Whale on X, brings heavyweight partners to the table. BNP Paribas, BNY Mellon and several global banks are already involved.
For now, it’s still early days as the pilot will reportedly take months before results surface. But one banker close to the project described it as “an important technological transformation for the international interbank payments industry.”
Why is Swift considering Linea?
Swift’s current system is well-trusted but also criticized by those who claim that it’s expensive, often slow, and heavily reliant on intermediaries. In an era where money and assets are going digital, that centralization is starting to look like a weakness.
The fast settlement that’s seen in decentralized transactions has led to people calling for increased usage of blockchain technology.
Enter Linea, an Ethereum layer-2 network built by Consensys, the same team behind MetaMask. The appeal lies in its ability to keep data private through advanced cryptography, a must-have for institutions bound by strict regulations.
The choice also ties in with Swift’s long-term digital asset push. Last year, it announced trials for central bank digital currencies and tokenized assets. Now, by bringing Linea into the mix, Swift seems willing to test whether blockchain can overhaul its very core: the messaging rails themselves.
Why banks are paying attention
For big names like BNP Paribas and BNY Mellon, this is more than tinkering with new tech. If blockchain-based messaging works, it could merge communications and settlement into a single, seamless layer. That means lower costs and fewer delays.
It also helps them keep pace with challengers like Ripple, which has long argued its blockchain system can outdo Swift’s legacy model.
But change won’t be easy. Integrating blockchain into existing systems will require time, investment and regulatory patience.
Questions remain around how such a system would perform at the scale Swift operates, and whether regulators across the US, EU and Asia would be comfortable with it.
Swift has always moved carefully. Over the past few years, it has tested APIs, dabbled with AI to fight fraud, and explored tokenized asset transfers. Partnering with Linea fits this pattern: try a controlled, private environment before scaling anything to the public.
If the pilot succeeds, it could become one of the largest real-world blockchain deployments yet. It would also send a strong signal to the rest of the financial industry that blockchain isn’t just for niche use cases anymore — it’s ready to power the systems that move trillions of dollars every day.
Join Bybit now and claim a $50 bonus in minutes
2025-09-26 23:582mo ago
2025-09-26 18:592mo ago
Ex-Biotech Firm AlphaTON Acquires $30M in Toncoin for New Strategy
AlphaTON Capital has rebranded from a biotech company to a digital asset treasury.
The company has completed a $30 million purchase of Toncoin, the native token of The Open Network.
AlphaTON plans to grow its Toncoin holdings to $100 million by the end of 2025.
The company secured $71 million in a recent financing round, which included a private placement of $36.2 million.
AlphaTON aims to generate yield revenue through blockchain validation and staking rewards.
AlphaTON Capital, previously a biotech company, has transitioned into the world of digital assets. The firm announced its first major acquisition, purchasing $30 million in Toncoin. This move is part of its strategy to build a digital asset treasury (DAT) focused on Toncoin, the native token of The Open Network.
The company aims to accumulate $100 million in Toncoin by 2025. This shift represents a strategic pivot from its biotech roots. AlphaTON now plans to engage with Telegram’s expanding ecosystem, with over a billion active users.
AlphaTON’s $30 Million Toncoin Purchase
AlphaTON Capital has acquired $30 million worth of Toncoin in its first major purchase. This move positions AlphaTON as one of the largest holders of Toncoin, signaling its strong commitment to the cryptocurrency. The firm intends to continue building its Toncoin reserve as part of a broader strategy to support Telegram’s ecosystem.
CEO Brittany Kaiser expressed her confidence in the transition.
“Today marks a pivotal moment in AlphaTON’s journey,” she said.
The company’s leadership aims to establish AlphaTON as a premier digital asset treasury firm.
The Toncoin acquisition aligns with AlphaTON’s broader goal of offering access to Telegram’s vast user base. By building this treasury, AlphaTON intends to foster greater market engagement. The company’s leadership expects to use blockchain validation and staking rewards to generate ongoing yield revenue.
AlphaTON Secures $71M Financing for Digital Asset Strategy
Toncoin’s growing importance as a digital asset has made it a key part of AlphaTON’s new business model. As the firm transitions into digital assets, it will focus on acquiring more Toncoin and backing projects within Telegram’s mini-app and DeFi ecosystems. AlphaTON sees significant potential in Toncoin, especially with its ties to Telegram.
The purchase of Toncoin fits into a broader market strategy. AlphaTON follows a model similar to Michael Saylor’s Bitcoin accumulation strategy. Both firms aim to acquire substantial holdings in a cryptocurrency with a growing user base.
Toncoin’s market performance remains solid despite recent fluctuations. While the coin reached an all-time high of $8.25, it now trades at $2.75. Toncoin still boasts a market cap of $6.99 billion, underlining its significant role in the cryptocurrency ecosystem.
AlphaTON secured significant financial backing through a $71 million financing round in early September. This included a private placement of 6.32 million shares, raising $36.2 million. Additionally, AlphaTON secured a $35 million loan facility with BitGo Prime.
2025-09-26 23:582mo ago
2025-09-26 19:002mo ago
Bitmine Ethereum Position Dips Below Cost Basis: $7.5B Portfolio In The Red
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure
Ethereum is under significant pressure as the broader crypto market enters a corrective phase. After reaching a new all-time high of around $4,950 on August 24, ETH has now shed more than 22% of its value, slipping below the psychological $4,000 level. The steep pullback has left many investors in difficult positions, with some of the largest players in the market also feeling the impact.
According to top analyst Maartunn, even BitMine, one of the largest institutional holders of Ethereum, has seen its ETH position dip below its on-chain cost basis. This marks a critical moment, as whales typically act as stabilizers during corrections, and their unrealized losses reflect the depth of current market stress.
Despite this downturn, some analysts argue that Ethereum’s retracement may represent a healthy reset after weeks of overheated momentum. Corrections of this scale are not unusual following parabolic rallies and often serve to shake out excess leverage before setting up for longer-term stability. Still, with sentiment fragile and selling pressure mounting, the coming days will be pivotal for ETH as it tests key support levels and investors closely monitor whale behavior for signs of renewed confidence.
BitMine’s ETH Play Falls Below Cost Basis
According to top analyst Maartunn, Ethereum’s correction has placed one of the market’s largest institutional holders under heavy pressure. BitMine’s ETH portfolio, valued at roughly $7.5 billion, has just dipped below its on-chain cost basis around the $4,000 level. This development underscores the severity of the recent downturn and highlights that even large-scale players are not immune to the pain of corrections.
BitMine Ethereum Average Cost Basis | Source: Maartunn
Maartunn emphasizes that this stage of the market is less about timing the perfect entry or exit and more about endurance. As he put it, “It’s about who can hold their breath the longest.” The remark reflects a broader sentiment among analysts who view the current environment as a psychological test for both retail and institutional investors. With volatility high and sentiment deteriorating, the ability to withstand drawdowns may determine who ultimately benefits from the next phase of Ethereum’s cycle.
The outlook remains divided. Optimists argue that this is a necessary pullback before Ethereum gears up for a massive leg higher, supported by growing institutional adoption and strong long-term fundamentals. On the other hand, cautious voices warn of a deeper correction, noting that breaking below critical support levels could trigger further downside.
The coming weeks will likely prove decisive. If ETH can stabilize above the $3,800–$4,000 range, confidence may return quickly. However, if selling pressure intensifies, the market could face an extended period of uncertainty before momentum rebuilds.
Bulls Struggle To Find Support
Ethereum (ETH) has broken below the critical $4,000 level, now trading around $3,891, as shown on the 12-hour chart. This decline marks a continuation of the bearish trend that started after the September peak near $4,950. The breakdown has been accompanied by rising trading volume, confirming strong selling pressure and suggesting that bears currently dominate the market.
ETH losing ground | Source: ETHUSDT chart on TradingView
The 50-day EMA has crossed below the $4,400 zone, reinforcing near-term weakness, while the 200-day EMA around $3,650 now acts as the next major support level. The price action shows a decisive rejection from the $4,600–$4,800 resistance range earlier this month, followed by a steep selloff that erased more than 20% of ETH’s value.
If ETH holds above the $3,850–$3,900 zone, it could attempt a rebound and retest the $4,200 resistance. However, failure to defend this range risks further downside toward $3,650–$3,700, where the 200-day EMA and previous accumulation levels converge.
Ethereum is in a corrective phase, but the volume spike suggests potential exhaustion of sellers. The coming sessions will determine whether bulls can reclaim $4,000 to stabilize momentum or if further capitulation is ahead.
Featured image from Dall-E, chart from TradingView
Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.
Sign Up for Our Newsletter!
For updates and exclusive offers enter your email.
Sebastian's journey into the world of crypto began four years ago, driven by a fascination with the potential of blockchain technology to revolutionize financial systems. His initial exploration focused on understanding the intricacies of various crypto projects, particularly those focused on building innovative financial solutions. Through countless hours of research and learning, Sebastian developed a deep understanding of the underlying technologies, market dynamics, and potential applications of cryptocurrencies.
As his knowledge grew, Sebastian felt compelled to share his insights with others. He began actively contributing to online discussions on platforms like X and LinkedIn, focusing on fintech and crypto-related content. His goal was to expose valuable trends and insights to a wider audience, fostering a deeper understanding of the rapidly evolving crypto landscape. Sebastian's contributions quickly gained recognition, and he became a trusted voice in the online crypto community.
To further enhance his expertise, Sebastian pursued a UC Berkeley Fintech: Frameworks, Applications, and Strategies certification. This rigorous program equipped him with valuable skills and knowledge regarding Financial Technology, bridging the gap between traditional finance (TradFi) and decentralized finance (DeFi). The certification deepened his understanding of the broader financial landscape and its intersection with blockchain technology.
Sebastian's passion for finance and writing is evident in his work. He enjoys delving into financial research, analyzing market trends, and exploring the latest developments in the crypto space. In his spare time, Sebastian can often be found immersed in charts, studying 10-K forms, or engaging in thought-provoking discussions about the future of finance.
Sebastian's journey as a crypto analyst and investor has been marked by a relentless pursuit of knowledge and a dedication to sharing his insights. His ability to navigate the complex world of crypto, combined with his passion for financial research and communication, makes him a valuable asset to the industry. As the crypto landscape continues to evolve, Sebastian remains at the forefront, providing valuable insights and contributing to the growth of this revolutionary technology.
2025-09-26 23:582mo ago
2025-09-26 19:002mo ago
Ethereum – How a ‘deposit' and $1.6 billion in whale purchases can affect ETH's price
Key Takeaways
What did Jeffrey Wilcke do?
Ethereum’s co-founder deposited ETH worth millions into Kraken, fueling speculations of a sell-off.
Is Ethereum’s price likely to fall further?
It could fall by another 11% if it doesn’t hold on to the $3,900-level.
Against the backdrop of market uncertainty, Ethereum (ETH) might be weakening on the charts after losing its key support. This bearish outlook can be further reinforced by Ethereum co-founder Jeffrey Wilcke, after he appeared to dump ETH worth millions.
Ethereum whales add billions worth of ETH!
On 25 September, on-chain analytics platform Lookonchain shared a report revealing Wilcke’s $5.99 million ETH dump on Kraken. This transaction was recorded when the altcoin was trading near the $3,950-level.
Worth noting, however, that it is yet to be confirmed if Wilcke has indeed sold his ETH holdings, or if he’s just moving assets from a wallet to an exchange. This is typically a precursor to a potential sell-off.
That’s not all though as at the same time, whales seized the dip by buying heavily. Lookonchain also revealed that 15 wallets purchased 406,117 ETH worth $1.6 billion from Kraken during the market dip. These wallet holders included Galaxy Digital, BitGo, and FalconX.
Hence, the question – Is this an ideal time to buy ETH or will the altcoin’s price continue to fall in the coming days?
Ethereum’s (ETH) price action and technical analysis
Over the last seven days alone, ETH’s value has fallen by over 13%. In the last 24 hours too, it fell by over 2%. Thanks to these downside moves, ETH was trading near the $3,940-level at press time. However, a hike in investor participation could change the altcoin’s fortunes soon.
According to AMBCrypto’s technical analysis, ETH is now near a make-or-break point at $3,900 after losing its strong support at $4,050 on Thursday. Following this breakdown, sentiment has shifted to the negative side.
Source: ETH/USD, TradingView
Based on its press time price action, if the downside momentum continues and ETH’s daily chart closes below the $3,900-level, there is a strong possibility it could dip by 11.50% and reach the next support at $3,400.
Here, it’s also worth pointing out that the Bollinger Bands indicator had broadened notably, with the price at the lower boundary of the bands. This suggested that the asset might be in oversold territory, with a price reversal likely possible.
On the contrary, the Average Directional Index’s (ADX) value climbed to 20, below the key threshold of 25 – A sign of weak momentum.
Vivaan Acharya is a Crypto-Economist and Journalist at AMBCrypto who brings a rare depth of financial and economic expertise to the world of digital assets. He holds a Master’s in Economics from the prestigious University of Delhi and has over five years of experience analyzing technology and financial markets.
His foray into the blockchain space began in 2018, marked by his prescient Master's thesis, "Payments and Stablecoin Integration in Banking," which showcased his early understanding of crypto's potential to disrupt traditional finance. Before specializing in crypto, Vivaan honed his skills in rigorous data and technical chart analysis at a major national financial daily, where he covered corporate earnings and market trends.
At AMBCrypto, Vivaan applies this powerful blend of classical economic training and seasoned financial journalism to his work. He is an expert in:
1. Bitcoin and Altcoin Market Analysis
2. Stablecoin Ecosystem Development, and
3 Emerging Crypto Regulations.
Known for his clear, no-nonsense approach, Vivaan translates robust research into straightforward, actionable insights. He is dedicated to demystifying the complexities of blockchain finance, empowering readers to confidently navigate the rapidly evolving digital economy.
2025-09-26 23:582mo ago
2025-09-26 19:282mo ago
XRP faces another 10% dip: When will bulls step in?
XRP hovered near the $2.75 support, risking an 8–10% drop to $2.50.
Onchain URPD data indicated a strong buyer cluster around $2.45–$2.55.
Liquidity compression and ETF catalysts hint at a potential expansion phase.
XRP (XRP) price action is teetering at a critical level, with the altcoin consolidating at the base of a descending triangle, a typically bearish setup. The altcoin hovered around the $2.75 support, but sustained selling pressure could drag prices lower toward the $2.65 to $2.45 range.
XRP one-day chart analysis. Source: Cointelegraph/TradingViewSuch a move would mark another 8% to 10% decline, aligning with a daily fair value (FVG) gap that overlaps with the 0.50–0.618 Fibonacci retracement levels. This zone could serve as a magnet for liquidity while providing a potential launchpad for bullish recovery.
Onchain data added weight to this technical outlook. Glassnode’s Unrealized Price Distribution (URPD) for XRP revealed a dense cluster of buyers between $2.45 and $2.55, suggesting a strong cost basis for many holders in that range. This implied that if price revisits this pocket, buyers could defend the level aggressively, creating the conditions for a rebound.
XRP UTXO Realized Price Distribution. Source: GlassnodeXRP’s behavior remained consistent with its fractal pattern from Q1. The altcoin has already tested the $2.65 mark twice, yet the historical structure suggested that a sweep below this level into the liquid-heavy FVG remained possible before a sustainable rally.
Another notable similarity between the current setup and the earlier fractal is the pattern weakness leading into the weekend, followed by an FVG sweep at the start of a new week. If that scenario played out, XRP could retest the $2.50 zone as early as Monday.
However, while the resemblance is striking, historical fractals do not guarantee an exact repeat of the price behavior, and the market may still diverge from its prior structure.
While a decisive break above $2.90 could invalidate the bearish setup early, current market weakness tilts toward one final dip into the $2.50 area.
XRP Q1, Q3 price fractal analysis. Source: Cointelegraph/TradingViewXRP liquidity compression, ETF catalysts forecast volatilityMarket researcher Sistine Research noted that XRP could be approaching a significant expansion phase within the coming months. The analysis noted that XRP’s narrow price action over the past 10 weeks is also compressing its order book into a tighter range and leaving larger gaps between levels.
XRP is currently in its third compression phase since the US elections in November 2024, and this one is the tightest yet, built on three consecutively higher price points. Such conditions have preceded sharp breakouts when a liquidity build-up is released.
XRP compression setup analysis by Sistine Research. Source: XCrypto analyst Pelin Ay added that spot market flows highlighted the ongoing battle between buyers and sellers. The 90-day spot taker CVD shows sellers remained in control, despite brief buyer strength earlier in 2025. Sustained upside would require a decisive volume shift from buyers, which has yet to materialize.
Meanwhile, ETF news looms large. Franklin Templeton’s XRP ETF decision has been pushed to Nov. 14, while REX/Osprey’s XRPR debuted with nearly $38 million in first-day volume. Analysts caution that optimism may already be partially priced in, raising the risk for “sell the news” outcomes.
This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.
2025-09-26 23:582mo ago
2025-09-26 19:302mo ago
Shiba Inu Price Prediction: Over 7 Million SHIB Burned in 24 Hours – Is a Supply Shock Incoming?
More than 7 million SHIB tokens have been burned in the last 24 hours, according to Shib Burn – a move that could support a bullish Shiba Inu price prediction as the token battles its latest downtrend.
2025-09-26 23:582mo ago
2025-09-26 19:442mo ago
Fear dominates market as BTC, ETH struggle for support
Crypto markets clawed back some ground on Friday, but traders weren’t buying the bounce. The global digital assets market surged marginally over the last 24 hours to hover around $3.78 trillion. Bitcoin pushed back over $110,000 while Ether managed to regain $4,000 mark.
While the market posted a minor recovery rally, the Fear and Greed depicted among the investors. CoinGlass data shows that more than 133k traders were liquidated over the last 24 hours. The total liquidations turned up around $329 million. The largest single liquidation order of BTC/USDT valued at $3.87 million happened on Binance.
$329M wiped out as crypto rebounds
Data shows that $186 million worth of liquidated bets (56%) turned out to be long positions. However, Short bets amounted to $143 million. This shows that the crypto market is witnessing heavy fluctuations with pumps and dumps. Cryptopolitan reported that Thursday witnessed $1.1 billion liquidation washout.
The recovery coincided with fresh inflation data that matched forecasts. The Fed’s preferred gauge, PCE, rose 2.7% in August, while the core measure was up 2.9%. The numbers were hardly surprising, but they reinforced the sense that price pressures are easing. Analysts suggest that if inflation trends lower, risk assets may find support, but any upside surprises could quickly reset rate cut expectations.
Ethereum led the altcoins’ recovery by rising nearly 4%. ETH is down by 18% from its all-time high of above $4,900. Solana and Dogecoin added marginal gains. After a great run, SOL is trailing by 15% in the last 7 days. It is trading at an average price of $203 at the press time.
However, Hyperliquid’s HYPE token was the lone standout in the top tier. It is up by more than 7% and bucking the sea of red. HYPE price is now up by 86% on a year-to-date (YTD) basis. It is trading at an average price of $44.64 at the press time.
Crypto fear hits 5-month low
The Fear and Greed Index dropped to its lowest since April to hit 28 points on the chart. This signals “fear” across the market. Analysts pointed to heavy stress among short-term holders as Bitcoin traded under their cost basis of $109,700 for the first time in five months.
Fear and Greed index, Source: CoinMarketCap
BTC price has been running down by 6% over the last 7 days. It is trading at an average price of $109,601 at the press time. The 24-hour trading dipped by 18% to stand at $60.92 billion.
Some see a silver lining in the cleanout. Analyst Maartunn, in a post, mentioned that roughly $12 billion in leveraged altcoin bets and $3 billion in speculative Bitcoin positions have been flushed.
Stocks and commodities painted a calmer picture as the S&P 500 gained 0.22% and gold edged higher. But a new wrinkle looms with Donald Trump’s latest tariff package set to take effect on October 1. That announcement could shake up risk appetite across markets and crypto.
Get seen where it counts. Advertise in Cryptopolitan Research and reach crypto’s sharpest investors and builders.
2025-09-26 22:582mo ago
2025-09-26 17:002mo ago
Bitcoin And Ethereum Prices Crash, But Technicals Show What's Next
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure
Both Bitcoin and Ethereum have extended their retracements into the past 24 hours, puncturing price thresholds that many technical analysts had deemed as important support levels. Bitcoin has slipped below $110,000, while Ethereum has also broken beneath the $4,000 price level.
The most recent correction questions the durability of the uptrend and whether this is a corrective pullback or the beginning of an extended downtrend. The charts of both assets, however, offer technical signals that point to the next direction for price action.
Bitcoin Is Testing Range Highs And Trend Anchors
Technical analysis laid out by TraderMercury on the social media platform X noted that Bitcoin is currently bouncing from the previous range highs, along with the 12-hour 200MAs trend. In other words, Bitcoin’s price action has dipped down to a confluence zone where resistance and the 200-period moving averages on the 12-hour timeframe converge. That zone is acting as a pivot. If buyers defend it, the correction may be contained. However, if they don’t, the downside could open further.
There are still signs of life and buyer interest around that region, which is positive in the short term. But the higher-timeframe outlook, as TraderMercury stated, is “dauntingly boring and choppy.” This is pointing to the Bitcoin price’s oscillation without strong directional conviction on mid and high frames. That means any breakout (up or down) could be a clearer signal of where momentum wants to take things next.
Source: Chart from TraderMercury on X
A notable red flag is if Bitcoin’s price begins to drift back inside the prior 8-month range below $108,000. That would indicate a failure of the breakout move that preceded it, and potentially signal a return to range dynamics or worse. The more bullish scenario is that Bitcoin carves out a move away from that range. Until then, the 12-hour and daily moving averages, plus the prior horizontal pivots around $108,000 to $111,000, will all act as tension zones to monitor.
Ethereum Maintains Favorable Context On Higher Timeframes
Despite breaking below $4,000, Ethereum has steadily maintained above a 4-year range. However, the most recent downtrend means that it has lost the 200MAs on the 4-hour candlestick timeframe chart. According to TraderMercury, this is an objective weakness that has been seen only one other time in the past five months.
However, this weakness doesn’t translate into a full-blown bearish narrative. Ethereum’s price action lost the same trend back in May, only for it to carve out a higher low on the weekly and resume upward movement into new highs. Therefore, the market only becomes dangerous for ETH if its price breaks below $3,900. That’s a threshold TraderMercury flagged as a point of no return for the current setup.
Until then, a reclaim of major higher averages on the daily to weekly timeframe, for instance, would act as a clean risk-on bullish signal if it happens soon.
$3,900 is the line in the sand for Ethereum. A bounce is always possible if it can hold above that and begin to re-engage with multi-month moving averages. If that fails, deeper support could come into play around $3,600.
At the time of writing, Bitcoin is trading at $109,600, and Ethereum is trading at $3,940.
BTC trading at $109,646 on the 1D chart | Source: BTCUSDT on Tradingview.com
Featured image from Pixabay, chart from Tradingview.com
Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.
2025-09-26 22:582mo ago
2025-09-26 17:322mo ago
The Wild Story of a Cancer Patient, Meme Coin, Scammers, And Pump.Fun
A stage 4 cancer patient lost $32,000 to a crypto scam, but the community rallied to raise far more for his treatment.CANCER, his meme coin, surged to nearly $8 million market cap before he began donating surplus funds to charities and patients.The scam also led to Steam removing malware games, showing how crypto solidarity can combat fraud and support good causes.A cancer patient recently gained huge support from the crypto community after a scammer stole $32,000 from his treatment fund. He raised more than enough to pay for healthcare, and has since begun donating the surplus cash.
In today’s dark climate of increasing scams and political instability, incidents like this remind us of crypto’s lighter side. For one rare moment, the community came together to rectify a great injustice.
Crypto Fighting CancerSponsored
Earlier this week, Steam removed a game, “Block Blasters,” after community sleuths warned that it contained crypto-stealing malware. The game had been active for months, but it took a massive burst of public outcry to get it removed.
The full story, however, is less well-known. It involves one cancer patient, a dangerous scam, and the crypto community coming together.
🚨 The $CANCER Hacker Has a Face 🚨
Not a phantom. Not a shadow.
An Argentine living in Miami — visa problems, Steam-based malware, and a trail of stolen wallets.
This is the story of how he pulled off one of the darkest scams in crypto history 🧵👇 pic.twitter.com/uN2B0oI03v
— Simba (@Simba_crpt) September 22, 2025
26-year-old Twitch streamer rastalandTV is a stage 4 cancer patient who turned to crypto to raise funds for treatment. He launched a CANCER meme coin on Pump.fun, and promoted it on his streams.
This token gained a moderate amount of traction, raising around $32,000 from the community.
Sponsored
Soon, however, a particularly jarring scam took place. A hacker gave this user an on-stream donation, requesting that he play Block Blasters, claiming that it was a little-known indie favorite.
In actuality, this game quickly drained all of RastalandTV’s crypto wallets, consuming the creator fees earned from his CANCER token.
This shocking incident led the community to rally on behalf of this streamer’s fight against cancer. Sleuths unmasked the perpetrator, a young Argentinian national living in Miami, and managed to compel Steam to remove Block Blasters and other crypto malware games.
Generosity All AroundSponsored
Moreover, the crypto community managed to pump CANCER to new heights. Its market cap briefly reached a sum just under $8 million before rastalandTV announced that he had enough resources to continue paying for treatment.
Naturally, this led interest to diminish, albeit not completely.
CANCER Market Cap. Source: Pump.fun
Since making this announcement, this Twitch streamer has begun donating the surplus proceeds to other charitable donations.
Sponsored
On top of major contributions to cancer research institutions, rastalandTV has also been using his crypto in a mutual aid campaign, giving assistance to other terminal patients in need.
In the last few weeks, the meme coin community has rallied in response to a few particularly appalling news items. The crypto community needs stories like CANCER, too.
Even though this episode highlights the ruthless and mercenary nature of today’s scammers, better impulses proved to win in the end.
Decentralized finance has a great power to bring people together and create positive change in the world. No matter how dark things may seem in today’s society, we always have the choice to help one another.
Disclaimer
In adherence to the Trust Project guidelines, BeInCrypto is committed to unbiased, transparent reporting. This news article aims to provide accurate, timely information. However, readers are advised to verify facts independently and consult with a professional before making any decisions based on this content. Please note that our Terms and Conditions, Privacy Policy, and Disclaimers have been updated.
2025-09-26 22:582mo ago
2025-09-26 17:362mo ago
Trump's Crypto Policies Open Doors for XRP Institutional Adoption
The U.S. cryptocurrency market is experiencing a major transformation under the Trump administration, with policies focused on innovation, regulatory clarity, and global competitiveness. The administration aims to position the United States as a leading “crypto capital,” creating favorable conditions for digital assets such as XRP.
Aster (ASTER) has emerged as a top trending token on CoinGecko, with its value surging over 2,400% since its launch.
The project’s popularity is fueled by its Season 2 points program and key endorsements from industry figures, including former Binance CEO Changpeng Zhao (CZ).
ASTER Climbs Rankings
The crypto data aggregator reported via X that XLP has achieved the top spot on CoinGecko after a recent airdrop valued at about $10,000 was distributed to holders. Close behind on the rankings are the perpetual tokens ASTER and AVNT.
ASTER is the native token of a decentralized perpetual futures exchange by the same name that’s challenging Hyperliquid’s dominance in the sector. It runs on multiple blockchains, including Ethereum and Solana, but it primarily exists on the BNB Chain.
ASTER is trading at around $1.78 today, down by 15.3% in the last 24 hours, but remains up by over 181% over the last week. Since its launch on September 17, the coin’s value has surged by over 2,400%, pushing its market capitalization above $2.9 billion and securing the 50th position on CoinGecko.
Aster has been around for over a year, but activity on the platform exploded following the launch of its native token. Since then, the exchange has overtaken Hyperliquid in key metrics. DefiLlama data shows that it reported $35.86 billion in daily perpetual trading volume, surpassing its rival’s $17.16 billion.
The strong performance has attracted new traders who see the platform’s liquidity as a competitive advantage. On-chain data reveals that whales have been accumulating ASTER steadily since last week, with more than $48 million invested in the token. Separately, another large holder recently pocketed $7 million in profits from an initial outlay of $300k.
Why Aster Is Exploding in Popularity
Part of the excitement is coming from the project’s community push around Season 2 of its points farming program. The campaign rewards users for trading, referrals, and margin usage. Crypto analyst Shawn shared on X that only 4% of tokens are released in this round, but participation is already 30 times higher than in Season 1.
Aster has also received backing from prominent figures in the crypto industry, including Binance founder Changpeng Zhao (CZ), who has publicly endorsed the project and promoted it on his X account. The platform is also supported by YZi Labs, Zhao’s private investment firm, which provides mentorship, technical support, and marketing exposure.
Additionally, crypto trader James Wynn has promoted Aster as a superior product to its competitor Hyperliquid. Wynn noted that its counterpart is facing a “slow and painful death” as the newer perpetuals DEX gains ground in the industry.
2025-09-26 22:582mo ago
2025-09-26 18:072mo ago
Coinbase XRP Reserves Fall 93.3% In a Week, All-Time Low!
Rapid depeltion at an alarming rate: are creme-de-la-creme investors hoarding XRP on self-custodial wallets?
Published:
September 26, 2025 │ 9:07 PM GMT
Created by Gabor Kovacs from DailyCoin
As the crypto markets hit over $1.5 billion in leveraged position liquidations for the second time this week, analysts are highlighting ‘buy the dip’ opportunities.
Sponsored
On the other hand, some exchanges take this time to prepare their liquidity for upcoming bull markets. In Coinbase’s case, it seems that the largest American crypto exchange knows something about Ripple (XRP) that competitors don’t.
Implications Behind Coinbase’s 93.3% XRP FlushThe massive liquidation swamp on Coinbase has once again raised eyebrows, as the exchange pulled out 32.84 million XRP tokens from their cold & hot crypto wallets over the past 7 days. The cash out comes amidst plunging figures for XRP coin on Coinbase’s Futures markets, garnering above $100 million while Bybit & Binance hosts a multi-billion daily market.
Presently at 2,353,401 XRP coins in place, Coinbase went down below in XRP Ledger’s rich list, owning less Ripple tokens than some independent crypto whales. Out of other well-known crypto names, only Nexo, Robinhood & Deribit crypto exchanges have fewer Ripple (XRP) coins at hand.
XRP Getting Scarce, Is Price Ready To Rebound?With numerous legal headwinds bringing new adoption opportunities for Ripple (XRP), analysts expect the recent $3.65 all-time high to face a retest. On the other hand, a drop below the $3 price level, testifying to a bull trap otherwise referred to as fake-out, raises the odds of a price plunge to $2, bouncing off the next major demand area.
Big-time players might be signaling that Ripple coin (XRP) has found its foot in this week’s market dip, as the Chaikin Money Flow (CMF) eventually turned positive on Friday evening.
Ripple’s market value remains way below the $3 psychological threshold, but remains above the mid-tier Bollinger Band (BOLL), a line typically trend-setting the relationship between crypto bears & bulls, or short-sellers versus believers.
For a bigger upward breakout, the mainstream remittance altcoin’s price would have to tack on $3.52, as this confluent resistance area stands for the red-label Bollinger Band.
Nevertheless, a proper altcoin rebound could drag on till late 2025, when all of the 11 Ripple ETF submissions are getting settled. Right now, Bloomberg’s expert belief that there’s a 95% chance of a Ripple-based ETF approval this year aligns with the public’s opinion.
Stay in the loop with DailyCoin’s top crypto news:
Top Crypto and Finance Leaders Unite at DAC 2025 in Brazil
Bitcoin Selloff Deepens as Options Expiry and Inflation Test Loom
People Also Ask:What caused Coinbase’s XRP reserves to drop to 2,353,401?
Likely large-scale withdrawals or transfers to Ripple partners, per the latest rich list data.
Why did reserves hit this all-time low?
A 92.8% drop to 2,353,401 XRP reflects intense demand or Coinbase’s strategic reallocation.
How does this affect XRP’s market liquidity?
With only 2.35M XRP left, liquidity could tighten, potentially boosting price if demand surges, but risks sharp swings.
Could this impact Coinbase’s services in any way?
Yes, such low reserves could be slated for a speedy adjustment in case of rapid demand hike.
Should I worry about investing in XRP now?
Research deeply and consult an expert—this reserve crash adds high uncertainty to the market.
This article is for information purposes only and should not be considered trading or investment advice. Nothing herein shall be construed as financial, legal, or tax advice. Trading forex, cryptocurrencies, and CFDs pose a considerable risk of loss.
2025-09-26 22:582mo ago
2025-09-26 18:092mo ago
Hypervault Vanishes as $3.6 Million Funneled Through Tornado Cash
Hypervault vanished after a suspected rug pull that involved the loss of $3.6 million in funds.
The stolen funds were transferred through Tornado Cash, a service known for obscuring transactions.
Hypervault deleted all online accounts, including its website and social media profiles, after the exploit.
The project had promised high returns but lacked transparency, with audit claims that were later proven false.
This incident adds Hypervault to the growing list of exit scams in the DeFi space.
The DeFi platform Hypervault has disappeared after an alleged rug pull that saw $3.6 million vanish. The funds were transferred to Ethereum and later funneled through Tornado Cash, a known privacy tool. Hypervault’s entire online presence was erased, further fueling suspicions of a scam. Blockchain security firm PeckShield highlighted the suspicious transfers in a recent post.
On the day of the exploit, approximately 752 ETH, worth nearly $3 million, was moved through Tornado Cash. The platform, known for obfuscating funds, is often linked to money laundering and hiding illicit transactions. PeckShield’s post confirmed that the funds were bridged from Hyperliquid to Ethereum before being swapped for ETH. The use of Tornado Cash raised immediate concerns, as it is commonly employed to launder stolen funds.
#PeckShieldAlert #Rugpull? We have detected an abnormal withdrawal of ~$3.6M worth of cryptos from @hypervaultfi.
The funds were bridged from #Hyperliquid to #Ethereum, swapped into $ETH, and then 752 $ETH was deposited into #TornadoCash. pic.twitter.com/mHQLPYXvzS
— PeckShieldAlert (@PeckShieldAlert) September 26, 2025
This pattern suggests that the funds may have been stolen through a rug pull. The project’s team promptly deleted its online accounts, including the website and social media profiles. Community members who attempted to access Hypervault’s promotional links were met with dead pages, further hinting at an exit scam. The suspicious transfers and the disappearance of Hypervault’s digital presence have fueled speculation that the project is involved in a scam.
Hypervault’s Abrupt Disappearance and Suspicious Activity
Hypervault marketed itself as a decentralized auto-compounding vault platform with high yields. The project promised annual returns of 76% on stablecoins and up to 95% on HYPE liquidity pools. However, as the situation unfolded, it became clear that the platform was likely a fraudulent scheme. Investors soon realized that the project’s entire online presence had vanished, with its website inaccessible and its social media accounts deleted.
Prior to the exploit, Hypervault had claimed to undergo an audit by reputable security firms like Spearbit, Pashov, and Code4rena. However, when community members reached out to these auditors, they received no responses. Pashov claimed they had never heard of Hypervault, and Code4rena’s website did not list any pending audits for the project. These discrepancies raised alarms among investors and highlighted the project’s lack of transparency.
Despite several warnings from the community, including a public call from HypingBull, Hypervault continued to encourage participation. The platform promoted the exploration of other HyperEVM protocols and hinted at an upcoming audit. However, once the exploit occurred, the team vanished, confirming suspicions of a rug pull.
The Hypervault incident adds to the growing list of rug pulls in the DeFi space. Earlier in 2023, the Test Token (TST), originating from a Binance tutorial, experienced a dramatic price crash, wiping out investors. Similarly, the Official Melania Meme coin, linked to First Lady Melania Trump, was accused of an exit scam earlier this year. These events demonstrate that even high-profile projects can quickly vanish, leaving investors with significant losses.
2025-09-26 22:582mo ago
2025-09-26 18:112mo ago
Pepe Price Prediction: Fibonacci, Daily Support, and Whale Buys Align – 100% Breakout Coming Next
AlphaTON Capital, a former biotech company, has rebranded as a digital asset treasury (DAT). The company announced the completion of its first $30 million Toncoin purchase on Thursday.
AlphaTON has become one of the largest holders of Toncoin (TON), the native token of The Open Network. The company said its goal is to grow its Toncoin treasury to $100 million by the end of 2025.
AlphaTON wants to invest $100M in Toncoin
The Nasdaq-listed company closed a $71 million financing round back in early September. The financing round included a $36.2 million private placement of 6.32 million shares. In addition, AlphaTON secured a $35 million loan facility with BitGo Prime.
The ex-biotech company stated that it aims to acquire $100 million worth of Toncoin (TON). In the release, AlphaTon announced,
“A financing to acquire ~$100 million TON tokens and establish a specialized digital asset treasury company dedicated to building a strategic TON reserve and providing public markets access to Telegram’s rapidly expanding ecosystem of more than a billion monthly active users.”
Beyond accumulating Toncoin, AlphaTon wants to generate yield revenue via blockchain validation and staking rewards. The new DAT also wants to back projects within Telegram’s mini-app and DeFi ecosystems.
AlphaTon has strategic crypto partners and advisors, including BitGo, Animoca Brands, Kraken, SkyBridge Capital, and Crypto.com, among others. The company is led by CEO Brittany Kaiser, a former director at Gryphon Digital Mining. Executive Chairman Enzo Villani, co-founder of Nasdaq Global Corporate Solutions, is also part of AlphaTon’s leadership.
Kaiser said, “Today marks a pivotal moment in AlphaTON Capital’s journey as we officially establish ourselves as a premier digital asset treasury company with substantial TON holdings.”
AlphaTon is following in the footsteps of Michael Saylor’s Bitcoin strategy playbook, but through Toncoin. The Nasdaq-listed firm is copying Ton Strategy, which is another firm that accumulated more than $700 million in TON last month.
AlphaTON’s stock closed at $5.77 on Friday. The stock slipped by around 9.8% from the previous session based on data from Yahoo Finance.
On the other hand, Toncoin (TON) is currently trading at $2.75. The token has a 24-hour trading volume of $139.9 million and a market capitalization of $6.99 billion based on aggregated data from CoinGecko.
Toncoin surged massively during Telegram’s mini-game boom in 2024. The token recorded an all-time high of $8.25 but has since fallen about 60% from its peak. The coin now ranks 32nd by market cap.
Want your project in front of crypto’s top minds? Feature it in our next industry report, where data meets impact.
Although the Bitcoin bull run has been consistently interrupted by recurring price dips, the leading cryptocurrency has now held above the $100,000 mark for 142 consecutive days.
While this seems impressive, this record is on the verge of closing, according to a Bitcoin price prediction issued by crypto analyst Ali Martinez.
The analyst shared a chart showing Bitcoin hovering around $109,300 as of September 26 — a significant pullback from recent highs witnessed above $116,000.
HOT Stories
Marked by historical price actions, the chart highlights $107,200 as an important support level for Bitcoin, which could determine its next price move.
Bitcoin to retest $100,000?According to the analyst, Bitcoin is at risk of retesting its six-figure streak if the leading cryptocurrency closes below the $107,200 support level. The analyst emphasized that a dip below this support level might see Bitcoin retest $100,000 or possibly fall as low as $93,000 for the first time since May 2025.
As of writing, Bitcoin is trading around $109,033, marking a decrease of 2.07% over the last day, according to data from CoinMarketCap.
Source: CoinMarketCap While the asset shows no sign of a possible resurgence soon, market watchers are worried that Bitcoin is close to breaking the specified support zone, putting it at risk of retesting $100,000 again.
Notably, Bitcoin’s resilience above $100,000 for the last 142 days is attributable to growing institutional interest and consistent inflows recorded by the spot Bitcoin ETF.
However, recent market trends show the leading cryptocurrency losing momentum amid high profit-taking activities among holders and rising exchange inflows, which suggest that traders are beginning to exercise caution.
Although large corporations like MicroStrategy and BlackRock have remained resilient in their Bitcoin accumulation strategies, the Bitcoin ecosystem is still faced with high selling pressure, causing its price to fall below previous lows.
Nonetheless, analysts have suggested that a decisive hold above $107,200 could restore confidence in the Bitcoin ecosystem, allowing the cryptocurrency to maintain its close above $100,000 and potentially never retest that level again.
2025-09-26 22:582mo ago
2025-09-26 18:262mo ago
SWIFT Trials Blockchain Payments, Introducing Competition for Ripple
SWIFT is testing blockchain-based transactions using Ethereum Layer 2 platform Linea.
The pilot involves major banks including BNP Paribas and BNY Mellon.
SWIFT aims to reduce costs and enhance transparency by combining payment instructions and settlement in one on-chain transaction.
The pilot could challenge Ripple’s cross-border payment model by offering a blockchain-based solution for banks.
SWIFT is exploring stablecoins and interbank tokens as part of its blockchain pilot.
SWIFT has selected Ethereum Layer 2 platform Linea to test blockchain-based transactions, signaling a challenge to Ripple. The pilot project involves major banks, including BNP Paribas and BNY Mellon. It aims to move SWIFT’s messaging system on-chain, providing real-time monitoring and cost reductions.
SWIFT’s Blockchain Trial with Linea
SWIFT, the world’s largest interbank messaging network, is conducting a blockchain trial on Linea. The platform, developed by ConsenSys, enhances Ethereum’s scalability and privacy. SWIFT aims to improve payment systems by combining payment instructions and settlement into one on-chain transaction.
The trial targets operational efficiency, compliance, and confidentiality. It also promises to reduce payment costs. With SWIFT linking over 11,000 financial institutions globally, this project could reshape cross-border transactions.
All our information is available in our articlehttps://t.co/KNLuMq21le
— Grégory Raymond 🐳 (@gregory_raymond) September 26, 2025
SWIFT’s exploration of blockchain technology is a significant move. According to SWIFT executive Tom Zschach, banks will favor regulated stablecoins and tokenized deposits. This pilot offers a potential alternative to Ripple’s system, which has been gaining traction for cross-border payments.
Ripple Faces New Competition from SWIFT
Ripple, a long-time challenger to SWIFT, may face increased competition with this pilot. The blockchain network is known for its low fees and fast transaction times. SWIFT’s move into blockchain could threaten Ripple’s position in the payments sector.
Ripple’s model already uses tokenized messaging and settlement, reducing reliance on SWIFT’s infrastructure. However, SWIFT’s blockchain test could integrate similar features, giving banks more options. SWIFT’s exploration of stablecoin and interbank token initiatives shows its desire to challenge Ripple’s dominance.
The potential launch of a SWIFT stablecoin would add another layer of competition. If successful, this could make Ripple’s blockchain network less attractive. However, Ripple remains focused on expanding its blockchain-powered cross-border payment system.
Stablecoin and Interbank Token in the Pilot
The SWIFT pilot also includes developing an interbank token. This token could have stablecoin-like properties, helping SWIFT stay competitive. Ripple, however, has launched its own stablecoin demo as a countermeasure.
Although the pilot is still in its early stages, the potential impact is clear. The test must overcome integration challenges with existing banking systems and prove Linea’s security. The ongoing developments suggest that blockchain will increasingly become integral to traditional finance.
2025-09-26 22:582mo ago
2025-09-26 18:302mo ago
Aster Price Prediction: Outpacing Hyperliquid and Lighter – Is ASTER the Next Binance?
Aster Price Prediction has reviewed Aster's jump in daily and weekly volumes, a reported 72% share among perps DEXs, and a 205% weekly move in $ASTER, weighing support near $1.75 and upside scenarios against Hyperliquid's larger market capitalization.
2025-09-26 22:582mo ago
2025-09-26 18:302mo ago
China's DeepSeek AI Predicts the Price of XRP, Pepe and Cardano by the End of 2025
DeepSeek predicts upside for XRP, Pepe, and Cardano as ETF approvals have come into focus. XRP has been linked to case resolution and partnerships, PEPE to social momentum, and ADA to TVL growth and an ETF filing, with each token assessed against recent market conditions.
2025-09-26 22:582mo ago
2025-09-26 18:302mo ago
Bahrain Certifies XRP as Shariah-Compliant, Opening Path to Islamic Finance Market
The Shariyah Review Bureau of Bahrain has certified XRP as Shariah-compliant, a declaration that could open the digital asset to the $2 trillion Islamic finance market. Strategic Advantage for Ripple The Shariyah Review Bureau (SRB), which operates under the Central Bank of Bahrain, has reportedly declared that XRP meets Shariah compliance standards.
2025-09-26 22:582mo ago
2025-09-26 18:302mo ago
Demand For XRP On CME Explodes As Reports Show Over $18 Billion
Demand for XRP on the CME derivatives exchange continues to rise, providing a bullish outlook for the altcoin. This comes ahead of the potential approval of the XRP ETFs, which could further spark institutional demand for XRP.
CME XRP Futures Hit New Milestone
In an X post, the CME group announced that it has hit its four-month milestone for XRP futures, with a notional trading volume of $18.3 billion, 6 billion XRP traded, and 397,000 contracts traded. This again highlights the demand for the altcoin, with the derivatives exchange previously stating that the altcoin’s futures products have shown demand from both institutional and retail participants.
Notably, the CME XRP futures crossed $1 billion in open interest (OI) last month, with the altcoin becoming the fastest-ever contract to do so, having hit the mark in just three months.
Amid the demand for the altcoin on the derivatives exchange, CME has announced plans to launch options trading on the XRP futures on October 13.
This is expected to further boost the demand on the CME exchange, which is a positive for the altcoin. This new milestone for XRP futures comes just ahead of the potential launch of XRP ETFs under the 33 Act, which will also elevate institutional interest in the altcoin. Fund issuers are expected to file amendments for their respective funds as soon as the end of this week.
This comes amid the SEC’s approval of the generic listing standards, which could enable these XRP ETFs to launch earlier. If that doesn’t happen, the focus will shift to Grayscale’s October 18 deadline, which is the first final deadline among all seven XRP filings. The commission could approve these funds simultaneously, just as it did with the Bitcoin and Ethereum ETFs.
Massive Demand Expected For The ETFs
It is worth mentioning that market expert Nate Geraci had previously alluded to the success of the CME XRP futures as one of the reasons he believes people are underestimating the demand the spot XRP ETFs may record. He also noted at the time that there was already over $800 million in futures-based XRP ETFs.
In another X post, Geraci doubled down on his statement that people are “severely” underestimating the investor demand for the spot XRP ETFs. He noted how a similar thing happened with the spot Bitcoin and Ethereum ETFs, which have so far exceeded expectations.
Canary Capital CEO Steven McClurg also has high expectations for the XRP ETFs, predicting that they could record up to $5 billion in inflows in their first month. He also believes that they could outperform the Ethereum ETFs in the process.
At the time of writing, the altcoin price is trading at around $2.75, down over 3% in the last 24 hours, according to data from CoinMarketCap.
XRP trading at $2.76 on the 1D chart | Source: XRPUSDT on Tradingview.com
Featured image from iStock, chart from Tradingview.com
2025-09-26 22:582mo ago
2025-09-26 18:352mo ago
Crypto Price Prediction Today 26 September – XRP, Dogecoin, Cardano
Crypto price prediction today has reviewed XRP, Dogecoin and Cardano following a 2% daily market decline to $3.849T, noting ETF applications, technicals near oversold levels, and scenarios for potential rebounds while also mentioning ongoing interest in presale tokens.
2025-09-26 22:582mo ago
2025-09-26 18:422mo ago
SEC to Review Cyber Hornet's S&P 500 and XRP ETF Proposal
Cyber Hornet has filed with the SEC to launch an ETF combining S&P 500 exposure with XRP futures and assets.
The proposed XRP ETF will allocate 75% to S&P 500 stocks and 25% to XRP futures traded on the CME.
The filing also includes two other products focused on Ethereum and Solana, following the same structure.
The three ETFs will carry an annual management fee of 0.95% with no shareholder transaction fees.
If approved, the ETFs will trade on Nasdaq, allowing retail investors to buy and sell shares like listed stocks.
Cyber Hornet has filed with the U.S. Securities and Exchange Commission (SEC) to launch a new exchange-traded fund (ETF). The ETF combines exposure to the S&P 500 with XRP. The filing also includes two additional products with similar structures. If approved, the Cyber Hornet S&P 500 and XRP 75/25 Strategy ETF will trade under the ticker “XXX.”
The Cyber Hornet XRP ETF aims to replicate the performance of the S&P 500 and the S&P XRP Futures 75/25 Blend Index. The ETF will allocate 75% of assets to S&P 500 stocks and 25% to XRP futures, which will be traded on the Chicago Mercantile Exchange (CME).
The ETF will invest directly in XRP in addition to XRP futures and may also use exchange-traded products that track XRP. Cyber Hornet’s goal is to provide investors with exposure to both traditional equities and digital assets. As the ETF would integrate XRP into a traditional S&P 500 strategy, it offers a novel investment approach.
The SEC’s approval of this ETF would mark a significant development for cryptocurrency-based funds. As of now, this would be the first regulated ETF to include XRP. Cyber Hornet’s filing shows its intention to attract investors seeking digital asset exposure through an established index.
Ethereum and Solana ETFs in Cyber Hornet’s Offering
Cyber Hornet’s filings also propose two other products, each combining S&P 500 exposure with a different cryptocurrency. The Cyber Hornet S&P 500 and Ethereum 75/25 Strategy ETF will trade under ticker “EEE.” Like the XRP ETF, this fund will also allocate 75% to S&P 500 stocks and 25% to Ethereum futures.
For Ethereum, the ETF will utilize Ether futures traded on the CME. The fund will also hold direct Ethereum assets to maintain exposure. The third product, the Cyber Hornet S&P 500 and Solana 75/25 Strategy ETF, will trade under ticker “SSS.” This ETF will track the S&P Solana Futures Index to gain exposure to Solana.
Both the Ethereum and Solana ETFs will follow the same design as the XRP ETF. They will combine equities with cryptocurrency futures contracts, providing a diversified investment approach. These funds aim to cater to investors who seek a balance between traditional and digital asset investments.
Details of Cyber Hornet’s ETF Offerings
The three ETFs will carry an annual management fee of 0.95%, with no shareholder transaction fees. For example, a $10,000 investment would incur about $100 in fees after one year. After three years, fees would total approximately $312.
The funds will rebalance monthly to maintain their 75/25 allocation. Cyber Hornet also reserves the option to adjust more frequently during periods of volatility. If approved, these ETFs will be available for trading on Nasdaq, allowing investors to buy and sell shares like any other listed stock.
2025-09-26 21:582mo ago
2025-09-26 16:122mo ago
Fetch.ai introduces Agentverse MCP, enabling AI agent creation in minutes
Agentverse MCP streamlines AI deployment across multiple platforms, offering instant marketplace discoverability.
Key Takeaways
Fetch.ai launched Agentverse MCP, enabling fast AI agent creation and deployment across various platforms, including Claude AI and OpenxAI Network.
A streamlined variant, Agentverse MCP-Lite, allows for quick agent setup and monitoring.
Fetch.ai today launched Agentverse MCP, a server enabling rapid AI agent creation and deployment for platforms like Claude AI and OpenxAI Network, a decentralized AI infrastructure provider. The new tool allows users to build and deploy AI agents in minutes across compatible MCP clients.
The launch includes Agentverse MCP-Lite, a streamlined server variant for quick agent setup and monitoring. Users can deploy agents on platforms including Cursor AI and OpenAI Playground, with agents becoming instantly discoverable through the Agentverse Marketplace.
Disclaimer
2025-09-26 21:582mo ago
2025-09-26 16:152mo ago
Bitcoin Feels the September ‘Curse' as Bears Target $90K–$95K Range, Expert Warns
Bitcoin traded below $110,000 on Sept. 26 amid bearish sentiment and ETF outflows, but analysts see potential for recovery if macro conditions improve. Analyst Perspectives on the Bearish/Bullish Outcome On Sept. 26, bitcoin ( BTC) continued to trade below $110,000 as bearish sentiment swept across the cryptocurrency market.
2025-09-26 21:582mo ago
2025-09-26 16:202mo ago
BlackRock raises Bitcoin exposure by 38% in its $17.1 billion Global Allocation Fund
BlackRock raises Bitcoin exposure by 38% in its $17.1 billion Global Allocation Fund Gino Matos · 1 hour ago · 1 min read
The diversified fund held 1,000,808 IBIT shares valued at $66.4 million as of July 31, up from 723,332 shares on Apr. 30.
1 min read
Updated: Sep. 26, 2025 at 9:19 pm UTC
Cover art/illustration via CryptoSlate. Image includes combined content which may include AI-generated content.
BlackRock’s Global Allocation Fund increased its holdings in the firm’s spot Bitcoin ETF (IBIT) by 38.4% during the second quarter, according to a Sept. 26 SEC filing.
As of July 31, the diversified fund held 1,000,808 IBIT shares valued at $66.4 million, up from 723,332 shares on Apr. 30.
The addition of 277,476 shares represents the fund’s return to Bitcoin allocation after reducing exposure earlier this year.
Year-over-year growth demonstrates accelerating Bitcoin adoption within BlackRock’s portfolio management. The fund held just 198,874 IBIT shares as of July 31, 2024, representing a 403% increase over the previous twelve months.
Targeting the 1%-2% rangeIBIT represents 0.4% of the Global Allocation Fund’s $17.1 billion assets under management, a 62.5% increase from the 0.25% allocation recorded in the first quarter.
The current weighting marks substantial growth from the 0.1% position held in October 2024.
BlackRock recommended 1% to 2% Bitcoin allocation as a “reasonable range” in its model portfolio on Feb. 28, positioning the Global Allocation Fund below its target range.
The recent increases indicate movement toward this recommended exposure level through gradual and cautious accumulation.
The Global Allocation Fund invests across US and international equities, debt securities, money market instruments, and other short-term assets. Portfolio composition varies periodically in response to market conditions and investment opportunities.
BlackRock launched IBIT in January 2024 as part of the first wave of spot Bitcoin ETFs approved by the Securities and Exchange Commission. As of Sept. 25, the fund has the largest Bitcoin ETF, with nearly $61 billion in cumulative net flows.
The Global Allocation Fund’s methodical approach to Bitcoin allocation demonstrates institutional investment strategies for crypto exposure.
BlackRock continues building its position toward recommended portfolio weightings while managing volatility through gradual accumulation.
Mentioned in this articleLatest US StoriesLatest Bitcoin StoriesLatest Alpha Market Report
2025-09-26 21:582mo ago
2025-09-26 16:292mo ago
Key LUNC Proposal Cut Triggers Luna Classic Price Apocalypse
Luna Classic unable to restore mid-tier Bollinger Band as community refuses a key stablecoin proposal.
Published:
September 26, 2025 │ 7:29 PM GMT
Created by Kornelija Poderskytė from DailyCoin
Terra Luna Classic’s (LUNC) community just downvoted the proposal #12192. This governance proposal is focused on USTD, a full-fledged decentralized & automated yield-bearing stablecoin on LUNC’s blockchain.
The downtrodden Layer-1’s native crypto community has been looking into ways to restore the original stablecoin USTC’s peg to $1, but it continues to trade at pennies on the dollar. Some chain validators, like Garuda Universe, had abstained from voting on the new stablecoin, while the vast majority said no.
Right after this rejection, the related altcoin Luna Classic (LUNC) slumped by 10.3% to bump into a long-unseen fundamental support level at $0.00005377. On June 23, 2025, this helped this game-tested alternative crypto currency to reach $0.00007000, but the level didn’t hold long due to multiple factors.
Stale Trading Volumes Keep Luna Classic’s Price DownFirstly, OKX, one of the world’s leading exchanges by market cap, moved to delist LUNC/USDT, LUNC/USD & USTC/USDT trading pairs on their Spot services three weeks ago. A week after that, the popular exchange also decided to remove USTC/USDT & LUNC/USDT contracts on perpetual markets.
Notably, this has served a staggering hit on Terra Luna Classic’s (LUNC) already sluggish trading volume. While not reaching above $100 million on average on a daily basis, today’s LUNC trading volumes have barely exceeded $11 million, hinting at further downturns. Another concerning factor is the altcoin’s inability to reclaim the middle-tier blue Bollinger Band (BOLL).
Meanwhile, the discussed OKX delisting & other exchanges unwilling to relist the token can put bigger obstacles for a long-term rebound, even though the community-owned L1 blockchain now has a revamped representative website that has all the decentralized applications (dApps) & Web3 games listed in one place.
With this being a part of the original chain functionality restoration process, the remaining community members see LUNC as a long-term investment vehicle, evident in the over 15% staking ratio. Regardless, the battle-scarred chain’s native crypto will have a hard time storming back into the TOP 100 by market cap if no fresh utility cases surface.
Stay in the loop with DailyCoin’s trending crypto news:
Shiba Inu’s Liquidity Crunch: Price Pump Or Peril Ahead?
Celestia’s Matcha Magic Kicks In With Huge Inflation Cut
People Also Ask:What caused the recent LUNC supply drop perception?
Likely market speculation around proposal 12192’s rejection, shifting holder sentiment.
Why did LUNC’s price drop after proposal rejection?
Proposal 12192’s failure (possibly a key upgrade) rattled investors, triggering a sell-off.
Who’s influencing Luna Classic’s market movement?
Community decisions and exchange dynamics, like Binance’s role, are shaping the narrative.
Could this rejection hurt LUNC long-term?
Plausibly —lost momentum from the proposal might stall growth, but community support could help.
Should I invest in Terra Luna Classic now?
Research thoroughly & follow LUNC updates on DailyCoin —market uncertainty makes it risky.
This article is for information purposes only and should not be considered trading or investment advice. Nothing herein shall be construed as financial, legal, or tax advice. Trading forex, cryptocurrencies, and CFDs pose a considerable risk of loss.
2025-09-26 21:582mo ago
2025-09-26 16:292mo ago
Theta Capital Management Launches $200M Blockchain Fund Targeting 10-15 Investments
Theta Capital has sought $200M for a blockchain vehicle backing 10–15 venture managers focused on digital assets. The firm has reported a 32.7% net IRR since 2018, while investors have shifted toward ETFs and treasury strategies as deal counts have fallen in 2025.
According to Grayscale, some market sectors benefited from significant changes to US policy in the third quarter, but Bitcoin underperformed compared to Ether and others.
624
Asset management company Grayscale has suggested that the third quarter of 2025 may have represented an altcoin season “distinct from those in the past,” based in part on the underperformance of Bitcoin and a boost from centralized exchanges.
According to a Grayscale report released on Thursday, though returns across crypto-related markets, including Bitcoin (BTC), Ether (ETH), AI, and smart contracts, were positive in Q3, the quarter may have stood out as an “alt season.” The asset manager said the smart contracts sector benefited from stablecoin legislation — likely referring to the GENIUS Act signed into law in the US in July — while AI, currencies and BTC lagged behind.
“Bitcoin underperformed other market segments, and the pattern of returns could be considered a crypto ‘alt season’ — although distinct from other periods of falling Bitcoin dominance in the past,” said the Grayscale report.
Source: GrayscaleAmong other themes in the report were a surge in the number of crypto treasuries holding a variety of tokens on their balance sheets, greater adoption of stablecoins in the US and rising volume in centralized exchanges.
Grayscale speculated that other US policies, including a digital asset market structure bill pending in Congress, could help drive crypto markets in the fourth quarter of 2025.
Though the price of BTC increased significantly in Q3, reaching an all-time high of more than $120,000 in August, its performance was still lagging when compared to other assets. Research suggested that Bitcoin and altcoins were falling behind gold and stocks in reaching new all-time high prices, in part due to stablecoins leaving exchanges.
Optimism for crypto exchange-traded funds As one of the largest asset managers offering cryptocurrency exchange-traded funds (ETFs), Grayscale has been a first mover in digital asset investment vehicles.
The company reported that the US Securities and Exchange Commission (SEC) recently approving new listing standards for crypto ETFs could also help drive markets in Q4. The US regulator has already signed off on one of its multi-asset crypto exchange-traded products offering exposure to BTC, ETH, XRP (XRP), Solana (SOL) and Cardano (ADA).
Magazine: ‘Help! My robot vac is stealing my Bitcoin’: When smart devices attack
2025-09-26 21:582mo ago
2025-09-26 16:362mo ago
SoftBank, Ark Invest Among Potential Investors In Tether's $15 Billion Funding Round
The industry’s largest stablecoin issuer, Tether (USDT), is reportedly in discussions with a series of leading firms including SoftBank Group and Ark Investment Management, for a significant funding round aimed at raising between $15 billion and $20 billion.
This capital influx could potentially value the company at an astonishing $500 billion. Bloomberg News first reported these developments, indicating that Tether is exploring private placement opportunities to solidify its position in the market.
SoftBank And Ark Invest’s Potential Involvement
Per the report, the involvement of SoftBank and Ark could significantly enhance Tether’s credibility in the eyes of mainstream investors, particularly as the company seeks to overcome previous scrutiny regarding its role in the cryptocurrency ecosystem.
Amidst this search for funding, Tether is also expanding its investment horizons beyond digital assets, venturing into sectors such as artificial intelligence (AI), telecommunications, cloud computing, and real estate.
Adding to the momentum, Tether recently appointed Bo Hines, a former advisor to President Trump on cryptocurrency matters, as CEO of its US division.
This move aligns with Tether’s vision to establish a new operation in the US, adhering to the new regulatory environment, particularly following the introduction of a new dollar-pegged cryptocurrency aimed at businesses and institutions, dubbed “USAT.”
Tether And US Regulatory Standards
As NewsBTC reported recently, the new token adheres to the regulatory framework established by the GENIUS Act, the first stablecoin legislation signed into law by President Trump, highlighting Tether’s focus on aligning with US regulatory standards.
Paolo Ardoino, Tether’s CEO, noted that the firm’s USDT stablecoin serves as a crucial financial tool for millions in emerging markets, showcasing how digital assets can foster trust, resilience, and financial freedom on a global scale.
The daily chart shows the market’s total capitalization at $3.7 trillion. Source: TOTAL on TradingView.com
Featured image from DALL-E, chart from TradingView.com
2025-09-26 21:582mo ago
2025-09-26 16:382mo ago
Tether's mega fundraise draws top investors as it expands beyond yield income
At least two high-profile investment companies are reportedly vying to back stablecoin issuer Tether as it looks to sell roughly 3% of its equity — a move that underscores pent-up investor demand for one of the world’s most profitable companies.
According to Bloomberg, venture capital giants SoftBank Group and ARK Investment Management are among potential investors considering a combined investment of up to $20 billion in Tether.
As Cointelegraph reported this week, if successful, the funding round could value the company at up to $500 billion, placing it among the world’s most valuable private enterprises.
For comparison, OpenAI, the developer behind ChatGPT, is said to be in talks to raise capital at a similar $500 billion valuation.
Tether CEO Paolo Ardoino confirmed earlier this week that the company is exploring a potential fundraise “from a select group of high-profile key investors,” though he declined to disclose specific names or amounts.
Ardoino also hinted that Tether could expand into new business lines, including commodities, energy and media, as part of its broader growth strategy.
Source: Paolo ArdoinoThe investor interest reflects Tether’s dominant position in the stablecoin market, which has evolved from a tool for crypto traders into a strategic financial asset. In the United States, the recently approved GENIUS Act has further elevated stablecoins as a national priority, aimed at strengthening the dollar’s role in global finance.
Tether’s flagship US dollar-backed, USDt (USDT), remains the world’s largest stablecoin with a market capitalization of approximately $173.6 billion.
USDT’s circulating supply continues to climb steadily. Source: DefiLlamaTether’s massive profitability and the need to move beyond interest incomeBacked by vast US Treasury holdings and a growing Bitcoin (BTC) reserve, Tether has become one of crypto’s most profitable companies, reporting $4.9 billion in net income in the second quarter of 2025 — marking a 277% increase compared to one year earlier.
Tether’s core business model centers on issuing its USDt stablecoin. When users deposit fiat currency, Tether mints USDT and invests the corresponding reserves into yield-generating assets.
The majority of these reserves are allocated to US Treasury bills, particularly short-term securities such as three-month and 12-month T-bills, which pay fixed interest and are considered virtually risk-free.
The yield on the 3-month Treasury bill has surged since 2022. Source: CNBCThe surge in short-term Treasury yields since 2022, when the US Federal Reserve began its aggressive rate-hiking cycle, has significantly boosted Tether’s earnings. As the federal funds rate climbed above 5%, yields on three-month T-bills — among the most rate-sensitive maturities — rose in tandem, providing Tether with a powerful tailwind for interest income.
For major holders of short-duration Treasurys like Tether, this environment translated into record profits. Elevated rates have allowed the company to earn substantial returns on its reserves while maintaining high liquidity.
However, while yields remain historically elevated, the three-month Treasury yield now sits below its peak levels from 2023 and 2024, potentially signaling a need for T-Bill-rich firms to reduce their reliance on interest income.
Tether’s Bitcoin holdings have eclipsed 100,000 BTC. Source: BitcoinTreasuries.NETIn addition to interest income, Tether has also generated revenue from secured lending, issuing collateralized loans backed by its reserves — a line of business that has further contributed to its overall profitability.
Despite the overwhelming success of its core business model, Tether is actively seeking to diversify its operations. Based on comments from Ardoino, the company has begun expanding into new sectors — including a pivot toward infrastructure and energy production, first announced in late 2023.
In 2024, Tether made its first crypto venture capital investment, committing funds to support Arcanum Capital.
2025-09-26 21:582mo ago
2025-09-26 16:402mo ago
Avalanche's AVAX Slides 18% in a Week Despite Institutional Push
Avalanche’s native cryptocurrency, AVAX, has seen a sharp decline, dropping 8% in the past 24 hours to $27.72, extending a weeklong slide that erased nearly 18% of its value. The selloff mirrors the broader weakness in the crypto market, with major tokens including Ethereum (ETH), Solana (SOL), Dogecoin (DOGE), and Bitcoin (BTC) also facing significant losses. Over the past week, BTC fell 6%, while altcoins posted double-digit declines.
AVAX has repeatedly failed to break above its resistance at $30.28, finding only fragile support around $27.65. According to CoinDesk Analytics, trading volume dropped to just 121,896 tokens in early Friday trading, indicating that while institutional selling pressure may be slowing, buyers have yet to return in force.
The decline comes at a time when Avalanche’s ecosystem is drawing increased corporate interest. Earlier this week, agricultural tech firm AgriFORCE Growing Systems rebranded as AVAX One, unveiling plans to raise $550 million to acquire and hold AVAX tokens. If successful, this would make it the first Nasdaq-listed company dedicated solely to the Avalanche blockchain.
AVAX One is positioning itself as a key institutional player in the Avalanche network, supported by a prominent advisory team led by Anthony Scaramucci (SkyBridge Capital) and Brett Tejpaul (Coinbase Institutional). The company has set a goal of holding over $700 million in AVAX, aiming to become a cornerstone custodian for the token’s future adoption.
Despite these high-profile initiatives, the market has yet to respond positively. Analysts suggest that regulatory uncertainty and ongoing macro-driven selloffs continue to weigh on sentiment. While Avalanche’s roadmap includes enterprise partnerships and use cases, these fundamentals have not been enough to counteract the current bearish momentum.
For now, traders remain cautious, and Avalanche’s short-term outlook will depend on whether institutional demand materializes to stabilize prices.
<Copyright ⓒ TokenPost, unauthorized reproduction and redistribution prohibited>
2025-09-26 21:582mo ago
2025-09-26 16:402mo ago
XRP's Bullish Future Hinges on Ripple's SEC Legal Battle
XRP, the digital asset associated with Ripple, has caught the attention of traders and analysts following recent signs of bullish momentum. Technical indicators suggest that XRP could be preparing for an upward trajectory, potentially challenging key resistance levels.
2025-09-26 21:582mo ago
2025-09-26 16:422mo ago
SoftBank and Ark Invest in Talks to Back Tether's $20B Fundraising Round
Tether, the issuer of the world’s largest stablecoin USDT, is reportedly in early-stage discussions with major investment firms SoftBank and Ark Invest for a new funding round. According to Bloomberg, the company is seeking to raise up to $20 billion, a move that would value Tether at approximately $500 billion. If successful, this would place Tether among the most valuable private companies in the world and highlight the surging investor appetite for stablecoin projects.
The fundraising underscores the rapid rise of the stablecoin market, which has grown 40% year-to-date to $287 billion, based on data from RWA.xyz. Analysts at Citi project the market could expand to $4 trillion under a bull scenario. Stablecoins, digital tokens pegged to fiat currencies like the U.S. dollar, are increasingly viewed as transformative for cross-border payments by offering faster, cheaper transactions powered by blockchain.
USDT remains the dominant stablecoin with a $173 billion market capitalization. Tether’s reserves are largely backed by U.S. Treasuries, enabling the company to reap significant profits from bond yields. In Q2 2025, Tether reported profits of $4.9 billion. This performance has fueled further investor confidence in the sector.
Competition is also heating up. Circle, the issuer of USDC, went public in June 2025 and saw its stock price surge from $30 to $300, reflecting strong demand for exposure to stablecoin assets. Meanwhile, Tether is preparing to expand into the U.S. market with a new token called USAT, designed to comply with the recently passed GENIUS Act, the nation’s first federal stablecoin law. The company has also hired Bo Hines, former White House Crypto Council director under President Donald Trump, to lead its U.S. division.
With institutional interest from firms like SoftBank and Ark Invest, Tether’s latest fundraising push could accelerate mainstream adoption of stablecoins and reshape the global payments landscape.
<Copyright ⓒ TokenPost, unauthorized reproduction and redistribution prohibited>
2025-09-26 21:582mo ago
2025-09-26 16:452mo ago
WLD Price Prediction: $1.28 Support Holds as CCIP Unlocks Native Cross-Chain Moves
WLD price prediction has examined World Chain's Chainlink CCIP and Data Streams rollout for 35M users, cross-chain token transfers, and technicals showing a descending triangle around $1.28–$1.32; potential moves toward $1.86–$2.00 have hinged on broader sentiment and sustained resistance breaks.rket data.
2025-09-26 21:582mo ago
2025-09-26 16:502mo ago
Jason Calacanis Urges Investors to Buy Bitcoin Directly, Not MicroStrategy Stock
Prominent tech investor Jason Calacanis, best known as an early backer of Uber, has once again warned investors against buying MicroStrategy (MSTR) stock as a proxy for Bitcoin exposure. Instead, he recommends that investors seeking to benefit from Bitcoin’s growth should purchase the cryptocurrency directly.
Calacanis has become one of the most outspoken critics of MicroStrategy and its co-founder Michael Saylor, asserting there is a 75% chance his bearish outlook on the company will prove accurate. His comments come amid heightened scrutiny of the software firm, which has transformed into the largest corporate holder of Bitcoin, with a treasury of 639,835 BTC.
Despite this massive accumulation, MicroStrategy shares have fallen sharply, dropping 35% from a local high of $457. Critics such as famed short seller James Chanos have long argued that MSTR trades at an unjustified premium compared to its net asset value (NAV). Calacanis and other skeptics point to the disconnect between the company’s share price and the actual value of its Bitcoin holdings.
Adding to concerns, MicroStrategy recently rolled out a new equity issuance policy, which many analysts believe could dilute shareholders and reduce the firm’s ability to buy additional Bitcoin in the future. The company also suffered a setback earlier this month when it was excluded from the S&P 500 index, a decision JPMorgan analysts warned could negatively impact MicroStrategy and other Bitcoin-focused firms.
While Saylor continues to promote his “Bitcoin maximalist” vision, advising long-term holding above all else, Calacanis insists that the safest and most effective way for investors to gain exposure is to hold Bitcoin itself, without relying on MicroStrategy’s leveraged corporate strategy.
As Bitcoin adoption grows and institutional interest increases, the debate between direct cryptocurrency ownership and corporate exposure through companies like MicroStrategy is likely to intensify. For now, Calacanis remains firm: avoid the stock, buy Bitcoin.
<Copyright ⓒ TokenPost, unauthorized reproduction and redistribution prohibited>
2025-09-26 21:582mo ago
2025-09-26 16:522mo ago
UMA: A Way To Create And Manage Synthetic Assets And Financial Contracts
UMA, or Universal Market Access, is a decentralized financial contract platform built on the Ethereum blockchain. Coinidol.com on UMA token.
It enables the creation, maintenance, and settlement of financial contracts, particularly for synthetic assets and decentralized derivatives.
Decentralized oracle
UMA utilizes a decentralized oracle system that relies on an optimistic data verification process to obtain off-chain data and securely feed it into on-chain smart contracts.
UMA's "priceless" financial contracts are designed to be self-enforcing, which means that they do not require frequent price updates from oracles. They are settled based on a predefined formula, reducing the need for external price feeds.
Synthetic assets and UMA token
The UMA platform uses its native ERC-20 token, also called UMA, to incentivize network participants, including data providers, oracle operators, and developers. The oracle voting mechanism allows token holders to participate in resolving disputes on the price of assets used in the contracts.
Moreover, UMA platform allows users to create and trade synthetic assets, which are tokens that represent the value of real-world assets without requiring direct ownership of the underlying assets. This enables exposure to various financial assets without needing to hold them.
Disclaimer. This article is for informational purposes only and should not be viewed as an endorsement by Coinidol.com. The data provided is collected by the author and is not sponsored by any company or token developer. They are not a recommendation to buy or sell cryptocurrency. Readers should do their research before investing in funds.
2025-09-26 21:582mo ago
2025-09-26 16:522mo ago
Cardano Faces Death Cross as Market Crash Triggers $855M Liquidations
Cardano (ADA) has entered a bearish phase after forming a death cross on the four-hour chart, a technical pattern that occurs when a short-term moving average dips below a long-term moving average. This signal reflects growing selling pressure in the market. ADA experienced a steep decline at the start of the week, falling from $0.888 to $0.788 in Monday’s session. Since reaching a high of $0.937 on September 19, Cardano has been on a downward trend, dropping to a low of $0.754 on Thursday.
The crypto market selloff has been broad-based. According to CoinGlass data, more than $855 million in leveraged positions were liquidated over the past 24 hours. Long traders were hit the hardest, accounting for $721.54 million of the losses, while short positions saw $133.22 million liquidated. This highlights the extreme volatility gripping the market.
In the near term, technical traders are monitoring resistance at $0.86, followed by $0.94 if recovery attempts strengthen. On the downside, support is seen at $0.735, a key level that could determine ADA’s next move. Broader market sentiment remains cautious as macroeconomic conditions continue to weigh on risk assets. U.S. core inflation data showed a 0.3% monthly rise, with annual inflation holding at 2.7%, reinforcing expectations that the Federal Reserve may move toward interest rate cuts in the coming months.
Beyond price action, Cardano’s long-term outlook is tied to ongoing upgrades to its Ouroboros consensus mechanism. The upcoming Ouroboros Leios redesign, starting with Leios Lite, aims to boost throughput by 30–55 times, enhancing scalability. Future plans for Ouroboros Omega promise adaptive security, efficient storage, and improved governance. Founder Charles Hoskinson emphasized that while the path ahead is challenging, these developments could resolve Cardano’s scalability issues and strengthen interoperability through projects like Midnight and partnerchains.
Cardano faces short-term bearish pressure, but ongoing protocol innovations may provide long-term support for ADA’s growth trajectory.
<Copyright ⓒ TokenPost, unauthorized reproduction and redistribution prohibited>