Author: Kryptonews

Polkadot’s decentralized autonomous organization (DAO) passed a referendum approving a hard cap on the network’s native token for the first time. The decision set the maximum supply at 2.1 billion Polkadot (DOT) tokens, a significant pivot from the previous tokenomics model, under which new tokens were indefinitely issued yearly. Under the old inflationary model, Polkadot minted about 120 million DOT tokens annually, with no limit on the token’s total supply. The project said the supply could have swelled to more than 3.4 billion tokens by 2040 under the old model. The new framework introduces a gradual issuance reduction every two years. At…

The second week of September saw the Altcoin Season Index reach its highest level in five years. Positive sentiment pushed several altcoins to all-time highs and attracted massive open interest. However, this also came with the risk of large-scale liquidations. The following altcoins show signs of extreme FOMO and face potential liquidation risks in the third week of September. 1. Ethereum (ETH) By mid-September, Ethereum reserves reached a new peak of 4.9 million ETH worth $22.2 billion. This figure excludes the 6.7 million ETH held in Ethereum ETFs, valued at $46.3 billion.Sponsored Sponsored A recent BeInCrypto report highlighted on-chain data…

TL;DR Solana breaks above major resistance as buyers target $300, supported by technical structure and inflows. A surge to $250 could trigger $132 million in short liquidations, exposing overleveraged positions. Solana leads in weekly transactions and fee generation, showing strength despite lighter user activity. Price Action and Market Structure Solana (SOL) recently pushed above a key resistance level, reaching $246 before retreating to $232. This move followed a strong rally over the last week, where the token gained 12%, even as it recorded a 6% drop in the last 24 hours. The short-term trend remains intact despite the pullback. Analyst…

United Kingdom-based cryptocurrency industry advocacy groups have called on the Bank of England not to proceed with its plans to limit individual stablecoin holdings.In a November 2023 discussion paper, the Bank floated setting individual caps on digital pounds between 10,000 British pounds and 20,000 pounds and asked for feedback on a possible lower limit of 5,000 pounds.According to a Monday Financial Times report, industry groups criticized the plan, saying it would be difficult and expensive to implement and could leave the UK lagging behind other jurisdictions.Tom Duff Gordon, vice-president of international policy at Coinbase, reportedly said that the limits would…

The London Stock Exchange Group (LSEG) said it facilitated the first transaction on a new blockchain-based platform for private funds.LSEG’s Digital Markets Infrastructure (DMI), built using Microsoft Azure, is designed to use blockchain technology across the full lifecycle of an asset, from issuance to settlement, with greater scale and efficiencies than existing systems, according to a Monday announcement. Investment manager MembersCap and digital asset exchange Archax were onboarded as DMI’s first clients and conducted the first transaction, which raised money for MembersCap’s MCM Fund 1. LSEG said it will ensure DMI works with current market services in blockchain technology as…

Key Takeaways Polymarket is integrating Chainlink’s data services to provide real-time asset pricing prediction markets. The collaboration supports automated, tamper-proof market settlements on Polygon using Chainlink oracles and automation. Share this article Polymarket has adopted Chainlink’s data standard to power its resolution process, the system that determines the final outcome of prediction markets, according to a Friday announcement.Starting with asset pricing markets, the partnership will work to deliver more accurate and timely resolutions for Polymarket prediction markets. The two teams also aim for future expansion after initial deployment.The integration, now live on the Polygon mainnet, enables the creation of real-time…

Bitcoin (BTC) traders gear up for volatility as crypto heads into the US Federal Reserve interest-rate decision.Bitcoin bulls have a clear resistance level to overcome at $117,000 as the week gets underway.All eyes are on the Fed as markets unanimously expect the first interest-rate cut of 2025 to come on Wednesday.A historically accurate BTC price forecasting tool demands fresh all-time highs for Bitcoin within weeks.Binance order-book data hints that large buyers were active over the weekend.Institutional demand was nine times the mined BTC supply last week, with the trend seen pushing price higher.Bitcoin price starts moving as TradFi returnsBitcoin price…

Key takeawaysYield-bearing stablecoins include treasury-backed, DeFi and synthetic models.US and EU law ban issuer-paid interest; access is often restricted.Rebases and rewards are taxed as income when received.Risks remain: regulation, markets, contracts and liquidity.The search for passive income has always driven investors toward assets like dividend stocks, real estate or government bonds.In 2025, crypto adds another contender: yield-bearing stablecoins. These digital tokens are designed not just to hold their value against the dollar but also to generate a steady income while sitting in your wallet.But before rushing in, it’s important to understand what these stablecoins are, how the yield is produced…

XRP has toppled Shopify, Verizon, and Citigroup with the greater market value, which enhances its position as one of the most significant assets worldwide. The milestone comes after strong whale sales. It also raises questions about whether retail optimism can sustain the rally. XRP Market Value Rises Above Top Corporations Companies Market Cap listings show that XRP ranks at a higher valuation than Shopify, Verizon and Citigroup at present. Shopify supports millions of shopping locations online, and Verizon has over 140 million users, while Citigroup has trillions of assets under its management. The token has increased by 12% this…

XRP Price has been the leading choice among traders, while Cardano Price Prediction is still a point of discussion among holders. They both remain large-cap cryptos with strong foundations, but the focus is shifting towards initiatives that are concentrating on solving real payment problems. Remittix (RTX), priced at $0.1080 per token, is gaining traction with its presale milestones, listing on exchanges, and upcoming September beta wallet release.XRP And Cardano Price StandingThe price of XRP is currently $3.1438, up 3.13% from today. Market cap stands at $187.98 billion, with trading volume growing 30.25% in 24 hours to $6.67 billion. Cardano Price, however,…