Crypto

Bitcoin’s sharp fall resulted in the biggest long liquidation in a 24-hour period, and the sell-off pulled many altcoins below their immediate support levels. 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 rallies. Read more

Updates to DeepMind's Frontier Safety Framework highlight concerns that advanced AI can evade human control and sway user beliefs.

The stablecoin sector is entering a new phase of competition, with major players unveiling fresh initiatives to capture part of the $280 billion market. On Sept. 22, PayPal, Bitfinex-backed Plasma, and Polkadot’s Hydration protocol announced new projects to strengthen the role of dollar-pegged assets in global finance. Neobank, DeFi, and Payments Plasma is positioning itself […] The post PayPal joins Plasma and Polkadot’s Hydration in wave of new stablecoin initiatives appeared first on CryptoSlate.

The UK and US have established a joint crypto task force to coordinate regulation, enhance capital market collaboration, and focus on stablecoins, anti-money laundering, and cross-border investment. The post UK and US Form Crypto Task Force to Shape Global Digital Assets Rules appeared first on Cryptonews.

SHIB outperforms DOGE as the crypto market wilts.

"Stay calm, hodl tight, if you survived 2018, this is a coffee break," one popular X user stated.

A major whale withdrew $122 million worth of HYPE tokens from Hyperliquid's ecosystem within hours, sparking sell-off fears as the mysterious investor sits on over $90 million in unrealized gains while high-profile exits from Arthur Hayes and Ansem coincide with concerns over 237.8 million tokens worth $11.9 billion scheduled to unlock on November 29. The post Whale Suddenly Withdraws $122 Million in HYPE Coin – What’s Going On? appeared first on Cryptonews.

Crypto inflows have totaled $1.9B after the Fed’s first rate cut of 2025, with Bitcoin and Ethereum leading gains and total assets under management rising to $40.4B, their highest level this year. The post Crypto Inflows Hit $1.9B After Fed’s First Rate Cut of 2025 appeared first on Cryptonews.

HBAR plunged 6% in under a day as heavy institutional selling drove volumes to nearly triple the daily average.

AgriFORCE (AGRI) is to be renamed AVAX One with plans to raise $550 million to pursue a Avalanche treasury strategy.

A Republican-backed bill to create a market structure for digital assets is expected to head for a vote in the Senate Banking Committee soon. A group of Democratic senators in the US Congress has signaled its intention to work with Republicans on advancing legislation to establish a digital asset market structure framework. In a Friday statement, 12 Democrats, including members of the Senate Banking Committee and Senate Agriculture Committee, issued a statement ahead of an expected vote on a crypto market structure bill pushed by Republican leadership. “We hope our Republican colleagues will agree to a bipartisan authorship process, as is the norm for legislation of this scale,” the statement reads. “Given our shared interest in moving forward quickly on this issue, we hope they will agree to reasonable requests to allow for true collaboration.” Read more

Cardless, a credit card platform allowing companies to design and launch branded credit cards in-house, announced the close of a $60 million Series C funding round led by Spark Capital. The post Coinbase & Bilt Partnerships Propel Cardless to $60M Series C, Aiming to Transform Credit Card Industry appeared first on Cryptonews.

Ethereum treasury firm BitMine Immersion now holds over $10 billion in ETH, or 2% of the total supply, following its latest buy.

Social interest in Bitcoin crashes, and Wedson predicts retail excitement will return only through emerging altcoin rallies.

The Bitcoin treasury firm had been trading at a discount to its Bitcoin holdings.

Top ETH treasury BitMine Immersion Technologies announced $365 million in new funding and revealed it now holds 2.416 million ETH — over 2% of the total supply. BitMine Immersion Technologies, a crypto treasury company focused on Bitcoin and Ether, says it controls more than 2% of Ether’s total supply after amassing 2.4 million ETH. The company disclosed Monday that its Ether (ETH) holdings are valued at about $10.1 billion, making it the largest corporate ETH treasury worldwide. It also announced a new fundraising initiative aimed at pushing its reserves even higher. BitMine reported that it acquired ETH at an average price of nearly $4,500, about 7.25% above the current market price of $4,200. Read more

BitMine disclosed holdings of 2.4 million ETH and raised $365 million in a premium stock sale, highlighting investor demand for ether exposure through public markets.

Asset manager Strive has reached an agreement to purchase Bitcoin-focused Semler Scientific in a fully equity-based rather than cash-based deal. Under the terms announced Sept. 22, each Semler Scientific share will convert into 21.05 Strive Class A common shares, valuing the target at $90.52 per share. That price represents a premium of more than 200% […] The post Strive bets $675 million to acquire Bitcoin treasury company at 200% premium to stock price appeared first on CryptoSlate.

Solana falls 7% after testing $250 resistance; traders eye $223 support for possible rebound to $240–$245.

Bitcoin and Ethereum ETFs surged on Fed optimism but the funds faced a Monday reality check as liquidations hit $1.7 billion.