Author: Kryptonews
The steady appreciation in the Ethereum price continues to mirror how resilient the cryptocurrency has become in the market. Despite the waves of skepticism experienced in the past, there seems to have been a recent major shift in investor behavior, which shows a level of optimism in the potential growth of the Ether token. Ethereum Netflow Across Exchanges Consistently Negative In a September 13 post on social media platform X, on-chain analyst Darkfost revealed how Ethereum’s investors have been acting behind the scenes over the past few months. Related Reading According to Darkfost, there has been a major shift in…
The Yala stablecoin (YU), a Bitcoin-native over-collateralized stablecoin backed by Polychain, lost its dollar peg around 5:14 UTC+8 today following a protocol attack that sent YU crashing to $0.2074 before recovering to $0.917.The Yala team promptly addressed the incident on X (formerly Twitter), confirming the attack and its impact on the YU stablecoin’s price stability.“Our protocol recently experienced an attempted attack that briefly impacted YU’s peg,” the team said. Our protocol recently experienced an attempted attack that briefly impacted YU’s peg. Thanks to the quick collaboration with @SlowMist_Team and our security partners, we’ve identified the issue and are already rolling…
CleanCore Solutions (ZONE) surged in pre-market trading Friday after announcing it purchased more than 200 million dogecoin DOGE$0.2890, pushing its total holdings past 500 million tokens.At DOGE’s current price of $0.26, up 6% in the past 24 hours, those 500 million tokens are worth about $130 million.The move is part of the company’s plan to build a treasury of one billion DOGE within 30 days. The strategy was unveiled earlier this month alongside a $175 million private placement involving over 80 investors. Participants included Pantera Capital, GSR and FalconX, all well-known digital asset firms.Earlier this week, Cleancore disclosed an initial…
Capital Group, a 94-year-old mutual fund powerhouse known for its conservative investment approach, has grown a $1 billion position in Bitcoin-related stocks into more than $6 billion.Mark Casey, a portfolio manager with 25 years at Capital Group, led the firm’s move into Bitcoin. Casey, who describes his investment style as shaped by Benjamin Graham and Warren Buffett, has become an advocate for Bitcoin (BTC), according to a Sunday report by The Wall Street Journal. “I just love Bitcoin, I just think it is so interesting,” Casey said during a podcast interview with venture firm Andreessen Horowitz. He called Bitcoin “one…
Felix Pinkston Sep 14, 2025 10:40 Stellar (XLM) trades at $0.40 despite 3.86% daily decline, with technical indicators suggesting potential bullish momentum amid neutral RSI conditions. Quick Take • XLM currently trading at $0.40 (-3.86% in 24h) • Stellar’s MACD histogram shows bullish momentum despite recent price decline • XLM RSI remains neutral at 54.12, indicating room for movement in either direction • No significant news events in the past week affecting Stellar price action What’s Driving Stellar Price Today? The XLM price movement today appears primarily driven by technical factors rather than…
Galaxy Digital has announced that it has done one of the most audacious institutional acquisitions of the cryptocurrency in recent history, purchasing 4.93 million SOL tokens worth about $1.2 billion during only three days. The enormous buying spurt, carried out in several significant exchanges, such as Binance, Coinbase, Kraken and Bitstamp, is a strong indicator that institutional investors are preparing to get in on what many analysts think might become the greatest altcoin boom in years. The Magnitude Investment Stirring Shockwaves Across Crypto Market The size and rate with which Galaxy Digital has conducted its accumulation drive have caused seismic…
Bitcoin BTC$116,111.18 is about 4% higher than it was a week ago—good news for the digital asset but bad news for the economy. The recent negative tone of the economic data points from last week raised expectations that the Federal Reserve will cut interest rates on Wednesday, making riskier assets such as stocks and bitcoin more attractive.Let’s recap the data that backs up that thesis. The most important one, the U.S. CPI figures, came out on Thursday. The headline rate was slightly higher than expected, a sign inflation might be stickier than anticipated. Before that, we had Tuesday’s revisions to…
In brief Galaxy Digital has purchased more than $700 million worth of Solana since Wednesday, on-chain data shows. The buys are likely tied to Galaxy’s backing of Forward Industries, poised to be the largest Solana treasury firm. Solana hit its highest price since January on Friday, topping $241 and rising 19% in the last week. Investment firm Galaxy Digital has purchased over $700 million in Solana within the past two days, as part of its investment in SOL treasury firm Forward Industries. And the price of Solana has continued to rise, all the while.Galaxy has been transferring SOL mostly from…
When Core Scientific signed a $3.5 billion deal to host artificial intelligence (AI) data centers earlier this year, it wasn’t chasing the next crypto token — it was chasing a steadier paycheck. Once known for its vast fleets of bitcoin mining rigs, the company is now part of a growing trend: converting energy-intensive mining operations into high-performance AI facilities.Bitcoin miners like Core, Hut 8 (HUT) and TeraWulf (WULF) are swapping ASIC machines — the dedicated bitcoin mining computer — for GPU clusters, driven by the lure of AI’s explosive growth and the harsh economics of crypto mining. Power playIt’s no…
Financial markets keep rallying, but a look beneath the surface paints a much riskier picture for the months ahead. Many investors now warn that Wall Street is ignoring growing cracks in the U.S. job market and real economy, a disconnect that has led to major trouble before.Why Wall Street is so out of stepHistory shows a persistent pattern. As EndGame Macro pointed out, when job openings decline and unemployment ticks up, the stock market often keeps climbing, until reality hits.In 2001, 2008, and again in 2020, stocks stayed buoyant on hopes of a Fed rescue or “new era” narratives, only…
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