Crypto

XRP price prediction has tracked the first U.S. spot XRP ETF launch, with custody-based exposure, and Gumi’s approved $17M plan. Charts have tested $3.00; sustained moves above $3.05–$3.10 have pointed to $3.30–$3.70, while setbacks have risked $2.70–$2.80 retests amid pending ETF reviews. The post XRP Price Prediction: XRP Targets $3.30–$3.70 as U.S. Spot ETF Goes Live appeared first on Cryptonews.

Institutions take the wheel in 2025: HSBC and BNP join Canton, billion-dollar crypto treasuries emerge, Gemini eyes IPO and tokenized gold enters IRAs. Major financial institutions are reshaping crypto’s narrative in 2025, marking a departure from earlier cycles defined by retail speculation, memecoins and digital art alongside Bitcoin’s rise. Two of the world’s largest banks — HSBC and BNP Paribas — have joined the tokenization-focused Canton Foundation, following the likes of Goldman Sachs and other major backers as institutions push to bring blockchain-based utility to clients. At the same time, crypto markets are seeing a wave of billion-dollar shelf registrations and expanded initial public offering (IPO) plans, underscoring the race to accumulate digital assets and tap public markets. Read more

That would be a massive jump as the betting platform raised funds at just a $1 billion valuation just back in June.

Next week is expected see the first Fed rate cut in one year.

Solana hit its highest price since January on Friday, following massive Galaxy buys likely tied to a treasury firm.

The DOJ has filed a forfeiture to recover $584K in USDT from an unhosted wallet allegedly tied to Mohammad Abedini or SDRA. Prosecutors have said SDRA navigation systems have been used in IRGC drones, including one tied to a Jan. 2024 attack in Jordan. Abedini has been indicted and is presumed innocent. The post U.S. DOJ to Seize $584K in Crypto Linked to Iranian Drone Supplier appeared first on Cryptonews.

Decentralized derivatives exchange Hyperliquid has consistently outperformed traditional finance giants in terms of volume and net income. DefiLlama data estimates Hyperliquid’s annualized net income at $1.24 billion as of Sept. 12, exceeding Nasdaq’s $1.12 billion net income for the entirety of 2024 by 11%. The comparison positions the DeFi platform ahead of one of the […] The post Hyperliquid tops Nasdaq’s 2024 net income, beats Robinhood’s trading volume 4 months in a row appeared first on CryptoSlate.

Tokenized private credit and other tokenized alternative funds continue to grow as the legacy financial system migrates onchain. Asset manager WisdomTree launched its Private Credit and Alternative Income Digital Fund (CRDT), a tokenized private credit vehicle, amid an uptick in firms expanding into the tokenized private credit niche and other tokenized real-world assets (RWAs).  The fund will include credit extended to private corporations, loans made to real estate investment trusts (REITs), which are funds that track baskets of commercial properties, and debt from business development corporations, which are investment companies that offer financing to other businesses, according to Friday’s announcement. CRDT is available to retail and institutional investors, expanding access to an asset class typically reserved for institutional and sophisticated investors. Read more

Bitcoin hash rate has climbed to a record 1.12B TH/s as difficulty has hit 136.04T. Analysts have seen resistance at $117,200–$119,000 tied to a CME gap and support at $108K–$112K. Ahead of the Sept. 17 Fed decision, miner reserves have reached a 50-day high; difficulty adjusts Sept. 18. The post Bitcoin Hash Rate Hits Record 1.12B TH/s as Network Difficulty Surges – Will BTC Break $117K? appeared first on Cryptonews.

Bitcoin rebounds to $115K as liquidations fuel gains. Analysts say a weekly close above $114K could open the path to $120K.

Tether has unveiled USAT, a new stablecoin product for the US market, according to a Sept. 12 statement. Alongside the announcement, the company confirmed that Bo Hines will become the CEO-designate for the USAT stablecoin. Hines described his appointment as an opportunity to reinforce America’s influence in global finance by launching a stablecoin rooted in […] The post Tether launches compliant USAT stablecoin under new leadership appeared first on CryptoSlate.

Polymarket prepares US return with CFTC relief, new funding and a valuation that could soar to $10B as prediction markets gain momentum. Blockchain-powered prediction market Polymarket is reportedly preparing a US launch that could value the company as high as $10 billion, highlighting the surge of investor interest in prediction markets and crypto ventures. Citing sources familiar with the conversation, Business Insider reported Friday that Polymarket is exploring re-entering the US while seeking new funding that could more than triple its June valuation of $1 billion. One investor valued the company at up to $10 billion, the report said. As Cointelegraph reported, Polymarket was raising a $200 million round in June led by Peter Thiel’s Founders Fund, an early backer of companies including OpenAI, Paxos and Palantir. Read more

Solid inflows into spot Bitcoin ETFs signal sustained demand from the bulls, increasing the likelihood of a break above the $117,500 resistance. Will altcoins follow? Key points: Bitcoin’s recovery remains on track, backed by solid demand from the spot Bitcoin ETF buyers. BNB, HYPE, and SOL are leading the altcoin charge higher, signaling solid buying by the bulls.  Read more

Tyler Winklevoss believes that Bitcoin will hit $1 million per coin in 10 years, just as the crypto entrepreneur's exchange goes public.

Since announcing its pivot to become a TON treasury company, its share price has fallen over 21% as enthusiasm for crypto treasury companies wanes. TON Strategy Company, previously known as Verb Technology Company, said on Friday it repurchased 250,000 shares of its common stock under its $250 million buyback agreement. According to the announcement, TON Strategy Company repurchased the shares at $8.32 each, below the treasury asset value of $12.18. The buyback comes just weeks after it revealed a $713 million reserve of Toncoin (TON) tokens on Aug. 21. TON Strategy says its buyback indicates “long-term confidence” in the TON ecosystem. The TON token is the native cryptocurrency of The Open Network, a project that started in 2018 and was initially conceived to bring blockchain to messaging service Telegram. The crypto token is ranked No. 22 overall in market capitalization, with its price is declining 40.7% year-to-date, according to Cointelegraph indexes. Read more

Gemini’s $425 million Nasdaq debut marks the latest in a wave of blockbuster crypto IPOs, as investor demand surges for digital asset equities. Shares of Gemini Space Station (GEMI), the digital asset exchange founded by Cameron and Tyler Winklevoss, surged in their market debut on Friday, signaling strong institutional appetite for crypto-related equities. Gemini shares briefly topped $40 on Friday, according to Yahoo Finance data, before retreating later in the session. By the afternoon, Gemini was trading near $35 a share, up 24% on the day, for a market cap of around $1.3 billion. The company priced its initial public offering at $28 per share late Thursday — well above its initial target range of $17 to $19, and even higher than the upwardly revised $24 to $26 range. Read more

The crypto exchange put an exclamation point on the busiest week for initial public offerings in the U.S. since 2021.

Cardano price prediction has strengthened with whales adding over 150M ADA in recent weeks and open interest climbing toward all-time highs. A falling wedge breakout suggests upside potential, though resistance near $1 and neutral indicators leave room for a retest before sustained recovery. The post Cardano Price Prediction: Falling Wedge Breakout + Whale Surge – ADA About to Have a Solana-Style Breakout appeared first on Cryptonews.

Ethereum’s near-100% surge has fueled a $1.7T altcoin market cap, now testing 2021 highs as Bitcoin trades mostly sideways.

Tether has unveiled USA₮ for the U.S., backing a dollar token with transparent reserves, issued via Anchorage Digital and supported by Cantor Fitzgerald, and has named Bo Hines CEO. Stablecoin compliance has been aligned with the GENIUS Act and the token will run on the Hadron platform. The post Tether Shakes Up Stablecoin Market, Unveils New U.S.-Based Rival ‘USAT’ appeared first on Cryptonews.