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Altcoins crumble as $8B wiped out – But THIS stablecoin shakeup stings more
Key Takeaways
Why did altcoins see a sharp decline in Open Interest?
Altcoin Open Interest dropped by $8 billion as Binance stablecoin trade volume fell below the key $150B level.
Is BTC gaining strength while altcoins struggle?…
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Tether Plans to Raise Up To $20B on a $500B Valuation Via Equity Market
Tether, the leading stablecoin issuer, is reportedly seeking to raise more funds from the public. The top-tier web3 company is reportedly seeking to raise between $15 billion and $20 billion on a total valuation of around $500 billion,…
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SOL Leverage Longs Jump Ship, Is $200 Next?
Key takeaways:SOL’s funding rates show cautious sentiment, yet historical patterns highlight potential short-term price gains.Declining network usage and competition weigh on SOL, though treasury strategies and fundamentals remain…
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ETFs Set Price Target For Gold and Bitcoin
Welcome to the US Crypto News Morning Briefing—your essential rundown of the most important developments in crypto for the day ahead.
Grab a coffee to read how markets are moving this September. From ETF (exchange-traded fund) flows to…
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ETHZilla Files for $350M Funding as Digital Asset Treasuries Grow
TLDR
ETHZilla raised $350 million through convertible debentures to expand its Ethereum-focused treasury strategy.
The company’s total debenture program value now reaches nearly $500 million after this new funding.
ETHZilla…
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Dogecoin (DOGE) Rally Lacks Retail Mania
The crypto market failed to sustain the bullish momentum over the weekend, which prompted Dogecoin (DOGE), along with several top assets, to record significant declines. The OG meme coin, for one, fell by more than 11% over…
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Bitcoin Liquidations Hit 1-Year Record, Altcoins Follow
Key points:Bitcoin witnessed the biggest long liquidation of the year, indicating that bulls are losing their grip over the market.Several altcoins are striving to hold on to their support levels but may face solid selling on…
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Changpeng Zhao’s YZi Labs ‘deepens’ Ethena bet – What it means for ENA
Key Takeaways
Why did YZi Labs back Ethena again?
Early investor reinforced support as USDe supply hit $13B and TVL reached $14.22B, signaling strong stablecoin adoption.
What’s next for the ENA price?
ENA failed at $0.85…
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Ex-FTX Exec’s Plea Deal Still at the Center of Court Case
Nearly three years after the collapse of crypto exchange FTX, courtroom battles tied to its executives and their associates are still unfolding. This week, Michelle Bond, spouse of former FTX Digital Markets co-CEO Ryan Salame, will return…
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Congressional Leaders Support Trump’s EO Opening 401(k)s to Alternative Investments Led by Crypto
A group of Congress members have urged the United States Securities and Exchange Commission (SEC) to facilitate seamless crypto adoption. In a letter on Monday sent to the SEC, the group of lawmakers urged the agency to help implement…
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