Crypto

VivoPower's XRP yield program with Doppler emphasizes qualified custody, segregated accounts, and proof-of-reserves.

Ether supply on centralized exchanges has plunged around 38% since 2022, as billions flow into spot ETFs and corporate treasuries ramp up their ETH holdings. Ether reserves on centralized exchanges have fallen to the lowest level in three years as demand grows from investment funds and corporate buyers. According to data from CryptoQuant, reserves have dropped by nearly 10.7 million ETH since peaking at around 28.8 million in September 2022. Holdings now stand at about 17.4 million ETH, with roughly 2.5 million ETH leaving exchanges in the past three months alone. The shrinking supply comes as new channels for Ether exposure have gained traction. Spot ETH exchange-traded funds (ETFs), launched in July 2024, have since attracted net inflows of more than $13 billion, according to CoinGlass data. Between June and August, the funds pulled in over $10 billion in net inflows, led by a record $5.4 billion in July alone. Read more

Arbitrum, the largest Ethereum layer-2 protocol, has launched a new initiative designed to channel liquidity into decentralized finance. The DeFi Renaissance Incentive Program (DRIP), announced on Sept. 3, will allocate up to $40 million in rewards to users performing targeted on-chain actions rather than simply generating attention. The program, structured by Entropy and powered by […] The post Arbitrum launches $40M DeFi incentive amid intensifying L2 race appeared first on CryptoSlate.

While Fed Governor Lisa Cook attempts to argue against her dismissal in court, the central bank said it will hold an October event to address innovation in payments. The US Federal Reserve Board has scheduled a conference to discuss topics related to payments, including stablecoins and tokenization. In a Wednesday notice, the Fed said the Oct. 21 conference would address “emerging stablecoin use cases and business models” as well as “tokenization of financial products and services” as part of efforts to innovate US payments systems. Though the announcement came from the entire Fed board, Governor Christopher Waller, rather than Chair Jerome Powell, provided comments on the event. Read more

Tokenized Pokémon cards are seeing renewed interest lately, partly due to the recent debut of a token for a Solana-based project.

ETH rallied closer to $4,500, but muted futures activity and a unique technical setup have traders unsure about whether the rally is sustainable. Key takeaways: Ether rallied near $4,500 after sweeping liquidity around $4,200. Spot demand fueled the rally, while futures participation stayed muted. Read more

Billionaire investor Ray Dalio said the U.S. is nearing the late stages of a debt cycle that threatens the dollar’s role as the world’s reserve currency, a shift that he believes could boost demand for Bitcoin, gold, and other limited-supply assets. Dalio, founder of Bridgewater Associates, released the comments after accusing the Financial Times of […] The post Bilionaire Ray Dalio reiterates warnings of dollar decline, suggests Bitcoin as a hedge appeared first on CryptoSlate.

SOL price prediction scenarios intensify as Solana broke through $209 resistance levels while Galaxy Digital made blockchain history by launching SEC-registered GLXY tokens directly on Solana network marking first time publicly listed U.S. equity has been issued natively on major public blockchain. The post SOL Price Prediction: Solana Breaks $209 as Galaxy Digital Launches SEC-Registered GLXY Tokens – Is SOL Ready for New Highs? appeared first on Cryptonews.

Fast fashion giant Shein scrambles after eagle-eyed shoppers spot Luigi Mangione's AI-generated face modeling a shirt.

September has historically provided the foundation for renewed rallies into the fourth quarter.

The Fed has set Oct 21 for a payments conference with Stablecoin at the center, including sessions on tokenization, DeFi and AI. It has ended its Novel Activities program and scaled back oversight as Congress has passed the first federal stablecoin law and advanced additional bills. The post Fed Sets Stablecoin Showdown for Oct. 21 – Business Models Face Scrutiny appeared first on Cryptonews.

U.S. Bancorp has relaunched institutional Bitcoin custody after a three-year pause, citing clearer U.S. rules and ETF demand. The bank has limited service to funds for now and has indicated further assets could follow as peers including BNY Mellon, Fidelity, and Coinbase have offered custody. The post U.S. Bancorp Restarts Bitcoin Custody After SEC Rollback as ETF Demand Surges appeared first on Cryptonews.

The TROLL meme coin team has secured a license to the Trollface IP, along with a merch deal with the original creator.

The Federal Reserve Board announced on Sept. 3 that it will host a payments innovation conference on Oct. 21, where it will discuss stablecoins, DeFi, and tokenization. The conference will feature panel discussions on the convergence of traditional and decentralized finance, emerging stablecoin use cases and business models, artificial intelligence applications in payments, and tokenization […] The post Fed includes stablecoins and DeFi in October conference on payments innovation appeared first on CryptoSlate.

The amount of ETH stored on exchanges tumbled to a nine-year low.

And the company says it wants to bring the tokenized stocks to Solana soon.

The draft law passed its first reading with 246 votes and proposes an 18% income tax, 5% military tax, along with a temporary 5% rate on fiat conversions in its first year. The Verkhovna Rada, Ukraine’s parliament, passed the first reading of a bill to legalize and tax cryptocurrency on Wednesday, according to lawmaker Yaroslav Zhelezniak. If signed into law, the bill would significantly shape the digital asset economy in the country, which ranks among the world's top in crypto adoption. According to Zhelezniak’s announcement on a Telegram channel, the bill passed the first reading with 246 lawmakers voting in support. The legislation's draft outlines an income tax of 18% and a military tax of 5% on digital asset profits. The bill also sets a preferential 5% tax rate on fiat conversions its first year, according to the announcement. The proposed taxation rate of 23% is in line with the April recommendation of Ukraine’s financial regulator. The initial recommendation exempted crypto-to-crypto and stablecoins t...

SOL is the "most obvious long right now," fueled by up to $2.6 billion demand from crypto vehicles in the next month, Arca CIO Jeff Dorman said.

Backed by the Winklevoss Twins, Treasury has raised $147M, reporting nearly $150M and 1,000 BTC as it has moved to offer bitcoin exposure to investors via Euronext Amsterdam. Separately, Gemini has filed with the SEC for a U.S. IPO, targeting a valuation near $2.2B and selling 16.67M Class A shares. The post Bitcoin Treasury Backed By Winklevoss Twins Raises $147 Million appeared first on Cryptonews.

Analysts chalked up part of the validator entry queue numbers to new capital flowing into ETH treasury management companies like SharpLink and BitMine Immersion.