Crypto

Bitcoin's value dropped over 2%, dragging the broader market lower.

The whale started withdrawing their HYPE tokens after nine months of holding, with an unrealized profit of about $90 million. Update Sept. 22, 1:31 p.m. UTC: This article has been updated to include quotes from Nicolai Sondergaard, research analyst at crypto intelligence platform Nansen. Large cryptocurrency investors, or whales, are cashing out of Hyperliquid’s native token as concerns grow over an upcoming vesting schedule that could unleash about $11 billion worth of supply. Whale wallet “0x316f” withdrew $122 million worth of Hyperliquid (HYPE) tokens on Monday, which had been acquired for about $12 per token. Read more

The relatively small purchase was mostly funded through common stock sales.

Strategy’s latest $99.7 million Bitcoin acquisition brought its total Bitcoin holdings to 639,835 BTC, acquired for about $47.3 billion. Michael Saylor’s Strategy, the world’s largest corporate Bitcoin holder, added more BTC to its balance sheet last week as the US Federal Reserve cut interest rates for the first time this year. Strategy acquired 850 Bitcoin (BTC) for $99.7 million during the week ending Sunday, according to a US Securities and Exchange Commission filing on Monday. The purchase was made at an average price of $117,344 per coin as BTC briefly surged to multi-week highs above $117,000 on Thursday following the Fed’s 25 basis point interest rate cut, according to CoinGecko data. Read more

The decline followed a supposedly dovish Fed interest-rate cut, which was expected to weaken the dollar and encourage more risk-taking in crypto markets.

Crypto stocks tumbled in pre-market trading as bitcoin and ether extended heavy overnight losses, fueling $1.6 billion in liquidations across derivatives exchanges.

Your day-ahead look for Sept. 22, 2025

Nearly $1.7 billion in positions were wiped out in the past day, with Dogecoin and Solana leading price losses among the top 10.

Metaplanet became the world’s fifth-largest corporate Bitcoin holder after buying 5,419 BTC, bringing its total to 25,555 BTC worth nearly $3 billion. Japan’s Metaplanet expanded its Bitcoin treasury with a 5,419 BTC purchase, making it the fifth-largest corporate holder of the cryptocurrency globally. The company said Monday it acquired 5,419 Bitcoin (BTC) at an average price of 17,281,012 Japanese yen (about $117,000) per Bitcoin. With this latest $633 million purchase, the company’s holdings reached 25,555 BTC, making it the fifth-largest corporate Bitcoin treasury, according to BitcoinTreasuries.NET. The purchase price of its latest tranche of Bitcoin, just short of $117,000, put the investment at a loss of almost 3.9% at the time of writing, with a current market price of about $112,500. With the purchase, Metaplanet’s Bitcoin yield — the percentage change in the ratio of total BTC per fully diluted share — reached 10.3% from July 1 to Sept. 22. Read more

Bitcoin ETFs drove crypto fund gains last week, posting four consecutive weeks of inflows totaling $3.9 billion, according to SoSoValue. Cryptocurrency funds recorded a second consecutive week of inflows last week, extending the $3.3 billion in gains recorded the week before. Crypto exchange-traded products (ETPs) logged $1.9 billion in inflows last week, data from CoinShares showed Monday. Bitcoin (BTC) and Ether (ETH) led the way with inflows of $977 million and $772 million, respectively, while Solana (SOL) and XRP (XRP) also saw strong demand with $127 million and $69 million of inflows. Read more

Bitcoin’s drop to $112,000 saw significant liquidations of late longs, with onchain metrics suggesting that BTC’s bullish conviction was fading. Key takeaways: Bitcoin dropped 4% to $112,000 in a marketwide correction, liquidating $1.6 billion in longs. Analysts say the BTC bull market may have run its course, based on several bearish onchain signals. Read more

HYPE has shed more than 16% during a four-day downtrend, as competition among decentralized exchanges heats up.

Safe-haven flows pushed gold to new records while bitcoin stumbled, highlighting shifting investor dynamics.

South Korea reportedly flagged a record 36,684 suspicious crypto transactions in 2025, surpassing the combined total of the past two years. South Korean authorities have reportedly flagged a record number of suspicious crypto transactions this year, with the total already surpassing the combined numbers of the past two years.  Citing Financial Intelligence Unit (FIU) data provided to Representative Jin Sung-joon and the Korea Customs Service (KCS) statistics, Yonhap News reported that local virtual asset service providers (VASPs) filed 36,684 suspicious transaction reports (STRs) between January and August 2025.  STRs are one of South Korea’s core Anti-Money Laundering (AML) tools. Under the country’s laws, financial institutions, casinos and VASPs must file STRs when they have reasonable grounds to suspect that the funds involve criminal proceeds, money laundering or terrorist financing.  Read more

The introduction highlights a push to tie the XRP ledger into cross-chain liquidity flows, with returns projected at 6%–8% dependent on strategy performance.

Bitcoin dipped to $112,000 to start the week, and crypto traders suffered $1 billion of liquidations in a bearish new record for 2025. Bitcoin (BTC) spooked the market into the final week of September with a return to $112,000. Bitcoin price action left much to be desired as traders forecast a retest of support closer to $100,000 next. The dip liquidated over $1 billion of crypto longs in the largest single liquidation event of the year. Read more

More than 400,000 traders saw positions wiped out as leveraged longs in ether, dogecoin, XRP and other majors fueled the largest crypto liquidation event in months.

Your look at what's coming in the week starting Sept. 22

Company overtakes Bullish with $632 million purchase as both Metaplanet and Capital B shares trade lower.

The UAE is seeking industry input on new tax reporting rules to meet market needs as it continues to build out its region as a crypto hub.