Midas Launches mXRP Token with Axelar to Bring Up to 8% Yield and Expand XRP’s Role in DeFi
Midas has introduced mXRP, a liquid staking token, in partnership with Interop Labs and Axelar. This new product aims to enhance the utility of XRP within the decentralized finance (DeFi) ecosystem. Token holders can now access yields of up to 8% through the product. The launch follows the release of the first XRP-backed stablecoin. Both […]
Ethereum Bulls Target Breakout Above Resistance at $4,228 and $4,281
Ethereum is modestly pressured as analysts balance new whale demand against strong points of resistance. Institutional demand for the currency remains strong, indicating long-term belief in the value. The direction it takes from here depends on whether momentum can break through technical barriers or pull back for regrouping. At the time of writing, Ethereum is
Over $1 Billion Vanishes: Crypto Market Hit by Sudden Liquidation Wave
The crypto market faced a brutal selloff today, with over $1 billion in leveraged long positions liquidated in just an hour. Bitcoin and Ethereum led the plunge, triggering panic across exchanges. Excessive leverage and margin calls amplified the crash, while technical indicators like RSI and trading volume signaled deep market stress. Though some analysts see potential short-term rebounds, volatility remains high, reminding traders that crypto’s rewards come with equally steep risks.
Is Ethereum or XRP The Better Altcoin Buy For October?
Ethereum and XRP are ranked #2 and #3, respectively, among cryptocurrencies by market cap or the combined weight of their balances. On Tuesday, Sept. 23, Ethereum’s total market capitalization clocked in at USD $506 billion. Meanwhile, Ripple Labs’ XRP tokens balanced markets at $172 billion. For comparison, the world’s #1-ranked cryptocurrency by market cap was […]
Crypto Market Hit by $1.65B Liquidation as Ethereum Leads
Coinglass data recorded $1.65B in liquidated longs within a day as Bitcoin is under $113K. ETH suffered $375M in liquidations, while BTC saw $263M in losses across derivatives. Analysts suggest the flush erased weak leverage and may prepare a foundation for Q4. The cryptocurrency market witnessed its largest long liquidation event of the year as […]
ETH Briefly Drops Under $4K as Options Market Turns Bearish
Options skew changed heavily toward puts as traders hedged near the $4,000 mark. ETH liquidations totaled $275M in 24 hours, with Bybit accounting for nearly $200M. Ethereum ETFs saw $108M in net inflows, with BlackRock adding 32,367 ETH holdings. Ethereum slipped below $4,000 momentarily yesterday, leading to broad liquidations and bearish positioning in derivatives markets. […]
Global M2 Money Supply Says Ethereum Price Will Reach $20,000, Here’s When
The Global M2 Money Supply has been on the rise over the last year, reaching new peaks in the process. This chart was widely applied to the Bitcoin price as analysts believed that it projected Bitcoin reaching new peaks. So far, the Bitcoin price has already climbed to $124,400 with the money supply chart, and […]
Boerse Stuttgart Digital Expands to Spain as Demand for Crypto Services Rises
Boerse Stuttgart Digital, the crypto arm of the Stuttgart Stock Exchange Group, has entered the Spanish market with a new office in Madrid, the company said Tuesday. The move expands its European footprint to eight hubs, including Frankfurt, Zurich and Milan. The company, which earlier this year received the first Europe-wide MiCAR license from Germany’s […]
Changpeng Zhao Weighs External Investment For $10B Portfolio in Future: Report
Changpeng Zhao is weighing a future opening of his $10b investment vehicle to outside capital at a later stage, as YZi Labs, the firm spun out of Binance in January, gauges timing and builds out new teams. YZi Labs manages Zhao’s wealth along with funds from a small circle of early Binance executives, including co-founder […]
Helius Medical Invests $167 Million in Solana as Part of Long-Term Digital Asset Treasury Strategy
Helius Medical Technologies has acquired 760,190 Solana (SOL) tokens, valued at approximately $167 million. The move places the company among the largest public holders of Solana. This acquisition marks the beginning of its digital asset treasury strategy. Helius paid an average of $231 per token for this purchase. The strategy follows a $500 million capital […]
CZ’s $10B crypto fund YZi Labs ‘may’ open to external investors
CZ’s $10 billion fund, YZi Labs, is exploring external capital amid increasing investor demand and a more open regulatory stance under the Trump administration.
Hyperliquid’s Perpetual Share Collapses to 38% as Aster and Lighter Gain Ground
Hyperliquid, once the uncontested leader in the on-chain perpetuals market, is fast ceding ground to emerging platforms such as Lighter and Aster. At one point in May, Hyperliquid accounted for 71% of the on-chain crypto perpetuals market. That number now stands at 38%, according to pseudonymous Dune Analytics user @uwusanauwu. Meanwhile, competitors such as a16z-backed […]