Cointelegraph.com
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Cointelegraph.com - 10:57 Sep 10, 2025
Paxos updated its bid to issue Hyperliquid’s USDH stablecoin, unveiling a PayPal-backed product with payment integration and a revenue model tied to the DEX’s growth. Stablecoin issuer Paxos has updated its proposal to issue USDH, the planned stablecoin of decentralized exchange (DEX) Hyperliquid, adding support from PayPal and Venmo. In a Wednesday announcement, Paxos updated its Saturday proposal to issue USDH. The firm stated that “PayPal has committed to supporting the Hyperliquid ecosystem,” by listing the HYPE token, supporting the new stablecoin with free on and off-ramps and supporting both USDH and Hyperliquid (HYPE) for PayPal checkout. PayPal would also provide $20 million in incentives committed to the HYPE ecosystem and integrate USDH into its payment app, Venmo, and money remittance service, Xoom. Paxos also stated that its regulatory standing in the European Union would allow its stablecoin to circulate there as well, “ensuring that USDH can scale globally.” Read more -
Cointelegraph.com - 10:15 Sep 10, 2025
Who owns the most XRP in 2025? From Ripple’s enormous stake to Chris Larson’s billions, get the full XRP rich list breakdown here. Ripple Labs is by far the largest XRP (XRP) owner, controlling around 42% of the total 100 billion supply. This is unsurprising, as it is the company that developed the XRP Ledger and created the XRP digital currency. The San Francisco-based operation has its massive stake broken down into two categories: Read more -
Cointelegraph.com - 00:58 Sep 10, 2025
Asset Entities shares rose over 50% after-hours as its shareholders approved a merger with Strive to build a $1.5 billion Bitcoin treasury. Shares in the marketing firm Asset Entities (ASST) rose 52% in after-hours trading on Tuesday after its shareholders approved a merger with Vivek Ramaswamy’s Strive Enterprises to form a Bitcoin treasury company. Asset Entities said on Tuesday that a “strong majority” of shareholders voted for the merger with plans to raise $1.5 billion to buy Bitcoin (BTC). The new company will be renamed to Strive, Inc. and continue trading under the ticker ASST. Asset Entities shares closed trading on Tuesday up 17.8% at $6.28 and rallied over 52% after-hours to $9.55 on the company’s merger announcement. Read more -
Cointelegraph.com - 22:46 Sep 09, 2025
XRP price depends on pending ETF approval odds, but XRPL adoption and tokenization metrics still remain weak, raising concerns about the longevity of any rally. Key takeaways: Bloomberg analysts assign 95% odds for an XRP ETF, with a SEC decision expected for October. XRPL adoption lags peers, holding just 2% of Real World Assets despite stablecoin growth. Read more -
Cointelegraph.com - 22:29 Sep 09, 2025
The SEC extended its review of the Bitwise Dogecoin and Grayscale Hedera ETF applications to Nov. 12, as altcoin ETF decisions pile up for the fall. The US Securities and Exchange Commission (SEC) delayed decisions on the Bitwise Dogecoin ETF and the Grayscale Hedera ETF, keeping both applications under review until November 12. On Tuesday, the SEC pushed back its deadline on NYSE Arca’s proposal to list the Bitwise Dogecoin ETF. The application was first filed in March and published in the Federal Register on March 17, beginning the statutory review period. That same day, the agency also extended its review of Grayscale’s application to list the Hedera ETF, setting the same November deadline. Read more -
Cointelegraph.com - 22:09 Sep 09, 2025
The split underscores uneven price performance among publicly traded companies betting on digital asset treasuries. Shares of crypto-linked companies diverged sharply on Tuesday, with Hong Kong’s QMMM Holdings rocketing more than 1,700% after unveiling a blockchain strategy, while Canada’s Sol Strategies tumbled 42% in its Nasdaq debut. QMMM, a Hong Kong–based investment holding company, said Tuesday it will integrate artificial intelligence with blockchain to build a platform combining crypto analytics and a Web3 autonomous ecosystem. The firm also plans to establish a “diversified cryptocurrency treasury” focused on Bitcoin (BTC), Ether (ETH) and Solana (SOL). QMMM’s stock performance shot through the roof after the announcement, rising over 2,100% before closing its Nasdaq trading up 1,737%. Read more -
Cointelegraph.com - 21:50 Sep 09, 2025
The initial deal between ALT5 and World Liberty Financial included Eric Trump being on the company’s board of directors. Eric Trump, a son of US President Donald Trump, may no longer be a board member of investment company ALT5 Sigma as part of a deal with World Liberty Financial. According to an Aug. 25 filing with the US Securities and Exchange Commission (SEC), ALT5 Sigma designated Eric Trump and World Liberty Financial co-founder Zach Folkman as board observers rather than members. The company reported that Trump’s position was “in order to comply with Nasdaq’s listing rules” and was still subject to approval by stockholders. Read more -
Cointelegraph.com - 20:44 Sep 09, 2025
Japan's Metaplanet aims to raise $1.44 billion to expand Bitcoin holdings and income business amid dilution risk. Metaplanet, the Japanese hospitality and real estate group turned Bitcoin treasury company, said Tuesday it will issue 385 million new shares to expand its Bitcoin holdings and related businesses. The shares will be sold through an international offering outside Japan at 553 yen ($3.75) each, raising an estimated 212.9 billion yen ($1.44 billion), the company said. The issue price represents a 9.9% discount to Metaplanet’s Tuesday closing price of 614 yen. The payment date is set for Sept. 16, when underwriters and investors will transfer funds to the company. The delivery date follows on Sept. 17, when the new shares will be credited to investors. Read more -
Cointelegraph.com - 20:19 Sep 09, 2025
The Protect Progress PAC spent more than $1 million to support James Walkinshaw in a primary for the congressional seat, in a race that could narrow Republicans’ House majority. Voters in the US state of Virginia’s 11th congressional district will choose a replacement for late Representative Gerry Connolly in a special election that could be influenced by money from the cryptocurrency industry. On Tuesday, Virginia residents who haven’t voted early head to the polls to decide whether to elect Democrat James Walkinshaw or Republican Stewart Whitson to replace Connolly following his death in May while serving in the US Congress. While neither candidate appeared to have taken a strong position on digital assets or blockchain for the campaign, a cryptocurrency-backed political action committee (PAC) could still influence the outcome. Read more -
Cointelegraph.com - 20:00 Sep 09, 2025
US macroeconomic conditions mirror the 1990s, when Federal Reserve interest rate cuts drove a 30% stock rebound, a backdrop that could now set the stage for Bitcoin price to go higher. Key takeaways: Potential Federal Reserve rate cuts into weak US jobs data could fuel Bitcoin’s next rally. BTC holds key support and eyes $129,000 after rebounding from its wedge pattern. Read more -
Cointelegraph.com - 19:51 Sep 09, 2025
Ethena joins Paxos, Frax, Agora, Native Markets and Sky in the race to issue Hyperliquid’s USDH, a mandate tied to $5 billion in liquidity. Ethena Labs became the sixth bidder for Hyperliquid’s USDH stablecoin, announcing its proposal in a Tuesday blog post. The competition will decide who controls billions in liquidity and revenue on one of decentralized finance’s (DeFi) fastest-growing derivatives exchanges. The team behind USDe and USDtb is proposing a version of USDH backed entirely by USDtb, a stablecoin tied to BlackRock’s BUIDL fund and soon to be issued through Anchorage Digital Bank. If selected, Ethena has pledged to return 95% of reserve revenue to the Hyperliquid community and implement safeguards through an elected validator “guardian network.” The protocol has also promised to cover the costs of migrating Hyperliquid’s markets from USDC to USDH and committed at least $75 million in ecosystem incentives, a figure it said could rise to $150 million. Read more -
Cointelegraph.com - 18:20 Sep 09, 2025
A cooling phase for Bitcoin under $113,000 could be laying the groundwork for a breakout toward $120,000. Key takeaways: Bitcoin lost the $113,000 level as leverage use cooled and speculative bets, creating room for upside volatility. A breakout above would $113,650 confirm an inverse head-and-shoulders pattern, potentially driving BTC toward $120,000. Read more -
Cointelegraph.com - 17:57 Sep 09, 2025
The group of 12 senators stressed the need for a bipartisan solution to market structure as Republicans on the banking committee plan to pass a bill this month. A group of Democratic US senators has released its own version of guidelines to influence legislation to establish a crypto market structure, focusing on taking time toward a “strong, bipartisan outcome.” In a Tuesday notice, 12 Democratic senators, several of whom are on the banking committee, unveiled a framework for market structure legislation in response to Republicans’ plans. Like the Republicans’ latest draft released on Sept. 5, the Democrats’ framework includes provisions for regulatory clarity and laying out rules by which the US Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission (CFTC) could handle digital assets. Read more -
Cointelegraph.com - 16:57 Sep 09, 2025
A record-breaking US jobs revision set the stage for the Federal Reserve to cut rates, a move which could supercharge the next Bitcoin price breakout. Key takeaways: The US Labor Department revised payrolls down by 911,000 jobs, the largest cut in history, signaling deep labor market weakness. The revision strengthens expectations of a Federal Reserve rate cut even though inflation is still elevated. Read more -
Cointelegraph.com - 16:20 Sep 09, 2025
The era of memecoin exchange-traded funds has begun in the United States, according to Bloomberg’s Eric Balchunas. The United States’ first memecoin exchange-traded fund (ETF) is set to debut on Thursday, marking the latest step in the expansion of regulated crypto products after the successful rollout of Bitcoin and Ether funds last year. In a social media post on Tuesday, Bloomberg ETF analyst Eric Balchunas said the Rex-Osprey Doge ETF (DOJE) is set to debut Thursday. “Pretty sure this is the first-ever US ETF to hold something that has no utility or purpose,” Balchunas said. Read more -
Cointelegraph.com - 16:17 Sep 09, 2025
BNP Paribas and HSBC are the latest institutions to join the Canton Foundation, signaling growing institutional adoption of real-world asset tokenization. Two major global banks — BNP Paribas and HSBC — have joined the Canton Foundation, the development organization of the tokenization-focused Canton Network, underscoring continued institutional interest in real-world asset applications of blockchain technology. The foundation announced Tuesday that BNP Paribas and HSBC are now members, alongside recent entrants Goldman Sachs, Hong Kong FMI Services and Moody’s Ratings. With more than 30 members, the Canton Foundation provides governance and strategic direction for the network while advancing blockchain-based financial use cases. Canton Network is a blockchain designed for institutional finance, with a core focus on real-world asset (RWA) tokenization, regulatory compliance and interoperability. Read more -
Cointelegraph.com - 15:00 Sep 09, 2025
Grok 4 can help you turn crypto headlines into market moves. It filters news and analyzes sentiment to create effective trade signals. The AI crypto market is projected to expand from $3.7 billion in 2024 to $46.9 billion by 2034, highlighting the increasing reliance on AI tools like Grok 4 for trading. Launched in mid-2025, Grok 4 quickly became one of the most visited AI tools, with active users rising by 17%, a trend expected to grow as traders adopt it. Unlike basic news aggregators, Grok 4 offers real-time news analysis, sentiment evaluation and DeepSearch to filter noise and extract actionable trading insights. Read more -
Cointelegraph.com - 14:30 Sep 09, 2025
Top blockchains in 2025, based on active users, range from DeFi stars to gaming chains. Growth notwithstanding, these blockchains are facing stiff competition. Blockchain growth in 2025 hinges on real usage and tech upgrades, not speculation or hype. Active users, measured by wallet addresses, are the key metric. DeFi, NFT ecosystems and stablecoin adoption are driving millions of new users. Read more -
Cointelegraph.com - 14:24 Sep 09, 2025
The first university graduate course on Bitcoin has ended. Here’s the assigned reading, grading structure and lessons learned — from the lecturer himself. Bitcoin (BTC) has leapt from chat rooms and code repos into graduate syllabi. At the University of the Cumberlands (UC), students recently completed the eight-week course “Bitcoin: Fundamentals, Technology, and Applications.” This graduate course grappled with Rothbard’s monetary theory, Mises’ critiques and technology overviews from classic Bitcoin works. It asked not whether Bitcoin matters but how much it matters — and how it reshapes money, markets and management. The idea for the course was imagined at the end of 2024, as Bitcoin was approaching new all-time highs (ATH). UC, which has degrees featuring blockchain technology, saw an opportunity to expand its electives beyond these specialized programs. Working with the course development team, the administration approved the offering with a clear mission: to promote financial literacy and ground student... -
Cointelegraph.com - 13:57 Sep 09, 2025
Trump Media announced that users who earn gems by participating in Trump Media activities will be able to convert them into Cronos. Trump Media and Technology Group has updated its Truth Social platform to connect its digital rewards program with cryptocurrency. The company announced on Tuesday that Truth Social users subscribed to its Patriot Package, a paid version of its Truth+ streaming platform, will gain access to premium features like the “Truth gems,” as part of its upgraded rewards program. The gems can be earned through activities across Trump Media’s platforms and converted into Cronos (CRO), the native token of Crypto.com, using the exchange’s wallet infrastructure. Read more
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