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Found 5789 news

  • Aster leads perp DEX surge to $70B daily trading volume
    Cointelegraph.com - 12:58 Sep 25, 2025
    Community members questioned whether the surge in trading volume reflected market conviction or aggressive incentive farming. Perpetual trading volumes on decentralized exchanges (DEXs) surged to an all-time high of $70 billion on Thursday, driven by Aster, a new derivatives platform on BNB Chain.  Perpetual DEXs have surged to record volumes on three consecutive days as decentralized perpetuals activity heated up. On Tuesday, the overall volume for perp DEXs hit $52 billion, followed by $67 billion on Wednesday.  The volume topped $70 billion on Thursday, highlighting renewed momentum in the decentralized finance (DeFi) derivatives markets.  Read more
    Tags: Aster
  • Bitcoin ETFs enter ‘slowdown’ phase: Are bears hunting for $90K BTC price?
    Cointelegraph.com - 12:03 Sep 25, 2025
    US spot Bitcoin ETF flows cooled after strong inflows, signalling weaker institutional demand that could push BTC price into an extended correction. Key takeaways: The slowdown in spot Bitcoin ETF flows signals weak institutional demand, hinting at a cooling bullish sentiment  $108,000 is a short-term target for the bears, with some BTC analysts predicting a drop to $90,000. Read more
  • M2 Capital backs Ethena with $20M ENA token investment
    Cointelegraph.com - 11:47 Sep 25, 2025
    M2 Capital invested $20 million in Ethena’s ENA token as the protocol’s TVL neared $15 billion, with growing institutional backing from global crypto investors. M2 Capital, the investment arm of UAE-based M2 Holdings, invested $20 million in ENA, the governance token for Ethena, a crypto-native synthetic dollar protocol built on Ethereum. M2 Holdings, a conglomerate with digital asset exposure across custody, investment and wealth management, plans to integrate Ethena (ENA) products into client offerings through its affiliate, M2 Global Wealth Limited, according to a Thursday announcement. “M2’s investment in Ethena marks another important step forward for the Middle East’s most sophisticated digital asset investors,” said Kim Wong, managing director and head of treasury at M2 Holdings. Read more
  • New advanced X account takeover attack targets crypto community
    Cointelegraph.com - 10:17 Sep 25, 2025
    A new, hard-to-spot phishing campaign is hijacking crypto personalities’ X accounts by abusing X’s app authorization system to bypass passwords and 2FA. A new sophisticated phishing campaign is targeting the X accounts of crypto personalities, using tactics that bypass two-factor authentication and appear more credible than traditional scams. According to a Wednesday X post by crypto developer Zak Cole, a new phishing campaign leverages X’s own infrastructure to take over the accounts of crypto personalities. “Zero detection. Active right now. Full account takeover,” he said. Cole highlighted that the attack does not involve a fake login page or password stealing. Instead, it leverages X application support to gain account access while also bypassing two-factor authentication. Read more
  • Australia drafts law to tighten oversight of crypto exchanges
    Cointelegraph.com - 00:43 Sep 25, 2025
    Australia has released draft legislation to create new crypto products, bringing the crypto companies under the same rules as financial services businesses. Australia is aiming to tighten regulations around crypto service providers, with draft legislation that would extend finance sector laws to crypto exchanges. Assistant Treasurer Daniel Mulino told a crypto conference on Thursday that the legislation is “the cornerstone of our digital asset roadmap,” which the Albanese Government released in March. “This is a preliminary version of the legislation, and we are seeking stakeholder feedback on its effectiveness and clarity before proceeding further,” he said. Read more
  • US Senate Finance Committee to discuss crypto tax matters next week
    Cointelegraph.com - 23:59 Sep 24, 2025
    A Coinbase executive and three other crypto tax and policy specialists will meet with the Senate Finance Committee next Wednesday to discuss digital asset tax matters. A US Senate committee is set to hold a hearing next week to discuss how digital assets should be taxed — seemingly in line with the White House’s crypto report released in July. The hearing will be led by the Finance Committee’s chair, Mike Crapo, on Wednesday, with Coinbase vice president of tax Lawrence Zlatkin and Coin Center policy director Jason Somensatto to testify, according to the notice released on Wednesday. It falls in line with the White House Digital Asset Working Group’s crypto recommendations in July, which called on lawmakers to recognize crypto as a new asset class and tailor existing tax rules for securities and commodities to digital assets. Read more
  • Bitcoin bulls favored in $22.6B BTC monthly options expiry, but bears still lurk
    Cointelegraph.com - 21:41 Sep 24, 2025
    Bitcoin’s $22.6 billion monthly options expiry is led by the bulls but macroeconomic headwinds could give the bears a last minute advantage. Key takeaways: Bullish bets dominate the September Bitcoin options expiry, assuming BTC price holds the $110,000 support level. Despite higher demand for bullish bets, macroeconomic uncertainty keeps downside risks on the table. Read more
    Tags: Bitcoin
  • US senators signal resistance to market structure over ’foreign crypto deals’
    Cointelegraph.com - 21:34 Sep 24, 2025
    No scheduled consideration of a market structure bill appeared on Senate calendars as of Wednesday, and pushback from Democrats could challenge what is expected to be a tight vote. Two Democratic lawmakers on the US Senate Banking Committee and Senate Agriculture Committee, expected to vote on a market structure bill soon, have signaled that they would oppose the legislation without an investigation into two White House officials. In a Tuesday letter to officials in the US State Department, Commerce Department and Department of Ethics, Senators Elizabeth Warren and Elissa Slotkin called for authorities to investigate US President Donald Trump’s AI and crypto czar, David Sacks, and his Special Envoy to the Middle East, Steve Witkoff. The two Democratic lawmakers signaled that, without information as to whether “politically connected crypto interests are undermining our national security,” they would not support legislation to establish a digital asset market structure currently moving through the Senate. Read ...
  • ETH price euphoria fades, but $5K remains the end-of-year target: Analyst
    Cointelegraph.com - 20:30 Sep 24, 2025
    Institutional demand for Ethereum contrasts with weak retail flows, while ETH must reclaim $4,580 to trigger a potential breakout, according to an analyst. Key takeaways: Ether gained 75% versus Bitcoin in Q3, but has underperformed slightly in September. Retail investor participation remained weak, creating a divergence with institutional flows. Read more
  • Stablecoins need consumer protections to unseat incumbents: Crypto exec
    Cointelegraph.com - 19:35 Sep 24, 2025
    Stablecoins feature 24/7, near-instant cross-border settlement, but retail consumers are waiting for guarantees against fraud and disputes. Stablecoins won’t unseat incumbent payment platforms, including Visa and Mastercard, until the blockchain tokens feature robust consumer protections, according to Guillaume Poncin, chief technology officer of payment company Alchemy. Traditional payment companies offer chargebacks, fraud protection, disputed transaction resolution and credit features that consumers have come to expect. Stablecoin projects must integrate these features to attract the everyday person, Poncin told Cointelegraph. Consumer protection features can be embedded directly in smart contracts, while stablecoin issuers and payment platforms can fund their own insurance pools for payouts in cases of fraud, Poncin said. He said traditional payment rails and stablecoins will merge: Read more
  • Price predictions 9/24: BTC, ETH, XRP, BNB, SOL, DOGE, ADA, HYPE, LINK, AVAX
    Cointelegraph.com - 19:24 Sep 24, 2025
    Bitcoin bulls are trying to seize control but are expected to face strong selling at $117,500. Will altcoins capitalize on BTC's potential range-bound price action? Key points: Bitcoin made a strong comeback on Wednesday, but the buyers are expected to face heavy selling near $117,500. Several major altcoins are likely to face selling on rallies, but BNB and AVAX may resume their uptrend. Read more
    Tags: AVAX
  • Kraken, Crypto.com execs to attend SEC-CFTC ‘harmonization’ event
    Cointelegraph.com - 19:24 Sep 24, 2025
    The roundtable between the two US financial regulators announced earlier this month will come after several policy changes affecting digital assets. Executives from a few cryptocurrency companies will speak on panels to discuss “regulatory harmonization efforts” between two US financial regulators next week. In a Wednesday notice, the US Securities and Exchange Commission (SEC) said it would host a roundtable event with the Commodity Futures Trading Commission (CFTC) on Monday as part of efforts to coordinate on financial regulation, including cryptocurrencies. Representatives from cryptocurrency exchange Kraken and Crypto.com, as well as prediction markets Kalshi and Polymarket, will speak on panels. Though focused on bridging regulation between the two agencies, the roundtable event will be held amid a dearth of leadership at the CFTC. This year, every commissioner at the financial regulator has resigned or departed, with the exception of acting Chair Caroline Pham. Former CFTC Chair J. Christopher Giancarl...
  • Hyperliquid stablecoin goes live after fierce bidding for issuance rights
    Cointelegraph.com - 19:18 Sep 24, 2025
    The USDH stablecoin is live, giving the derivatives exchange its first dollar-pegged asset after Native Markets secured issuance rights in a validator vote. Hyperliquid’s native stablecoin, USDH, launched on Wednesday with a USDC trading pair, logging nearly $2 million in early trading. With USDH now live, Hyperliquid has its first dollar-pegged asset, giving traders a stable unit of account and collateral across the network. Native Markets will manage the exchange’s stablecoin and oversee billions of dollars in potential flows. The crypto startup, led by Hyperliquid investor Max Fiege, former Uniswap Labs president Mary-Catherine Lader and blockchain researcher Anish Agnihotri, was selected through a validator vote on Sept. 14. Read more
  • Bitcoin rallies to $113.9K as bullish divergence points to trend reversal
    Cointelegraph.com - 17:26 Sep 24, 2025
    Bitcoin’s bullish divergences on the RSI metric, along with record-low volatility, were early signs that the rally to $113,900 was in the making. Is the sell-off over? Key takeaways: Bitcoin bounced to $113,900 after testing weekly lows, fueled by bullish divergences. Whale-sized entities have sold 147,000 BTC since August, signaling supply pressure. Read more
    Tags: Bitcoin
  • Trump’s pick for CFTC chair faces uncertain future as other candidates vetted: Report
    Cointelegraph.com - 16:54 Sep 24, 2025
    At least three other candidates may be in the running to chair the CTFC after the Winklevoss twins reportedly soured on Trump’s first pick, Brian Quintenz. Former US Commodity Futures Trading Commission (CFTC) member and US President Donald Trump’s pick to chair the agency, Brian Quintenz, may not face a vote in the Senate after reports suggested Trump was considering other candidates for the job. According to a Wednesday Semafor report, the Trump administration was vetting Josh Sterling, a former director at the CFTC’s market participants division, to chair the agency as Quintenz’s nomination reportedly stalled. Sterling, who worked at the CFTC from 2019 to 2021, was appointed to his position during the first Trump administration and did not face a Senate vote. He is a partner at Milbank, an international law firm. Read more
  • Aster can flip HYPE by market cap and rally another 480%: Analyst
    Cointelegraph.com - 16:07 Sep 24, 2025
    Whales rotated heavily into ASTER and dumped HYPE as smart money bets on a shift toward the new DEX token associated with Binance’s CZ. Key takeaways: Whales and top traders are rotating millions from HYPE into ASTER. Analysts see ASTER absorbing much of HYPE’s market valuation in the coming weeks. Read more
    Tags: HYPE
  • How Paxos’ USDH stablecoin could spark Hyperliquid’s biggest breakout yet
    Cointelegraph.com - 14:55 Sep 24, 2025
    Paxos’ USDH plan brings PayPal/Venmo links, a $20-million fund and yield sharing. Could it turn Hyperliquid into DeFi’s next liquidity hub? Put simply, too much profit is directed to issuers. In most cases, the yield from reserves flows back to those managing the stablecoin rather than to its users. When you hold a stablecoin like USDC (USDC) or Tether’s USDt (USDT), the issuer (Circle or Tether) holds real dollars or safe assets (such as US Treasurys, money market funds or cash) to back every token in circulation. Read more
  • Bitcoin upgrade is splitting developers and purists
    Cointelegraph.com - 14:00 Sep 24, 2025
    Bitcoin Core proponents defend OP_RETURN changes as neutral, while critics warn of spam and capture. Bitcoin Core’s next major upgrade has reignited old tensions in the community, pitting developers who want a neutral, fee-driven network against purists who see non-financial data as spam. Bitcoin Core v30, expected in October, will remove the 80-byte cap on OP_RETURN, the part of a transaction script that allows users to embed arbitrary data. Bitcoin Core is software that runs the Bitcoin network, maintained by an open group of developers but widely relied upon by miners and node operators. While alternatives such as Knots exist, Bitcoin Core is the protocol’s reference implementation that is run by the majority of the network. Read more
    Tags: Bitcoin
  • Coinbase, Sony and Samsung back stablecoin startup Bastion in $14.6M raise
    Cointelegraph.com - 13:57 Sep 24, 2025
    Coinbase Ventures led a $14.6 million round for Bastion, a startup providing white-label stablecoin issuance with backing from Sony, Samsung, A16z and others. Update (Sept. 24, 5:45 pm UTC): This article has been updated to correct the date of Bastion’s $25 million raise in September 2023. Stablecoin infrastructure startup Bastion has raised $14.6 million in a funding round led by Coinbase Ventures, the company said Wednesday. According to a Wednesday announcement, the round also saw the participation of Japanese tech giant Sony, the investment subsidiary of South Korean phone maker Samsung, the crypto arm of venture capital (VC) firm Andreessen Horowitz and crypto VC firm Hashed. Read more
  • Bitcoin Bollinger Bands tighter than ever as trader eyes $107K ‘max pain’
    Cointelegraph.com - 13:56 Sep 24, 2025
    Bitcoin traders supplied BTC price levels to cause “max pain” around a giant $17.5 billion options expiry, while Bollinger Bands set new records. Key points: Bitcoin price wars between bulls and bears continue as traders line up end-of-month BTC price targets. These include a return to $107,000 or lower before a rebound. Read more

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