Author: Kryptonews

Bitcoin is trading at $113,884, with daily volumes exceeding $56.3 billion, representing a 2.25% increase over the last 24 hours. The move comes amid a softer macroeconomic backdrop following the unexpected decline in U.S. producer prices in August. The core Producer Price Index (PPI), which excludes food and energy, dropped 0.1% month-over-month—far below forecasts of a 0.3% rise. Annual core inflation eased to 2.8% from July’s revised 3.4%. For Bitcoin, the weaker wholesale inflation data is fueling hopes of a more accommodative Federal Reserve, while traders keep one eye on the charts for confirmation of a breakout.PPI Surprise and Market…

BitMine Immersion has reportedly accumulated a staggering 319,000 ETH in just a single week. The massive purchase, worth over a billion dollars, underscores growing conviction in Ethereum’s long-term value among institutions and big players, tightening market liquidity. Could This Trigger An Ethereum Supply Crunch? In a move that highlights the growing institutional confidence in Ethereum, Paul Barron has mentioned on X that BitMine Immersion has just absorbed 319,000 ETH in a single week, which is equivalent to 0.26% of Ethereum’s total supply removed from circulation. Related Reading Barron extrapolates this acquisition velocity, calculating that at the same rate, BitMine could…

Ted Hisokawa Sep 11, 2025 01:57 ATOM price prediction shows bullish momentum with MACD divergence suggesting a move toward $5.20 resistance. Cosmos forecast indicates 11% upside potential from current levels. Cosmos (ATOM) is displaying encouraging technical signals that support a constructive ATOM price prediction for the coming weeks. With the token currently trading at $4.69, technical indicators are aligning for a potential breakout that could push ATOM toward key resistance levels above $5.00. ATOM Price Prediction Summary • ATOM short-term target (1 week): $4.95 (+5.5%) • Cosmos medium-term forecast (1 month): $5.10-$5.40 range•…

Speculation drives headlines, but adoption defines value. Filecoin is struggling to break past $3.50, showing limited momentum despite holding key technical levels. Dogecoin has seen renewed interest through ETF filings, though its gains remain tied to regulatory outcomes. BlockDAG, however, stands apart with metrics that reflect real traction, not temporary hype. With over 312,000 holders, nearly $404 million raised, and 3 million daily users on its X1 mining app, it has already built a user-driven foundation. As its presale price remains locked at $0.0013 until October 1, BlockDAG positions itself as one of the leading bullish crypto opportunities this cycle.BlockDAG Offers…

BNB reached a new all-time high of $907.38 on Sept. 10, marking the token’s second major milestone in less than three weeks.The record comes as crypto markets surged past $4 trillion in total market capitalization, after a broader rally that added $100 billion in 24 hours.BNB posted 29% gains in 2025 alone and 191% growth since 2024, establishing itself as the standout performer among major altcoins from the 2017 cycle.BNB remains the only token from that era registering multiple all-time highs throughout 2025.Additionally, it heavily outshone the -28.8% average performance registered by 22 crypto sectors, Bitcoin, and Ethereum this year.PPI…

The Polygon Foundation, the organization that oversees development of the layer-2 scaling network in the Ethereum ecosystem, said on Wednesday that consensus and finality functions have been restored, following a software bug that caused some nodes to fall out of sync with the blockchain.Polygon successfully executed a hard fork following the software bug that disrupted some remote procedure call (RPC) nodes, which are used to relay information between applications and the blockchain layer, the Polygon team said in Wednesday’s update.Source: Polygon FoundationThe bug was caused by a “faulty” proposal from a validator, which pushed some of the Bor nodes, used…

In brief A lawsuit against Bitcoin treasury Strategy has been scrapped. Much like a different lawsuit dismissed in August, this one alleged shady accounting practices. A number of lawsuits have been brought against Strategy this year, Decrypt previously reported. Another shareholder lawsuit alleging dodgy accounting practices at Bitcoin treasury giant Strategy has been dropped, court documents show. Documents filed Wednesday show the scrapped case, brought in June by shareholders Abhey Parmar and Zhenqiu Chen, had alleged breaches of fiduciary duties, unjust enrichment, abuse of control, and gross mismanagement in the company. The dismissal comes just weeks after a different class-action lawsuit accusing…

The Polygon Foundation, the organization that oversees development of the layer-2 scaling network in the Ethereum ecosystem, said on Wednesday that consensus and finality functions have been restored, following a software bug that caused some nodes to fall out of sync with the blockchain.Polygon successfully executed a hard fork following the software bug that disrupted some remote procedure call (RPC) nodes, which are used to relay information between applications and the blockchain layer, the Polygon team said in Wednesday’s update.Source: Polygon FoundationThe bug was caused by a “faulty” proposal from a validator, which pushed some of the Bor nodes, used…

The US Securities and Exchange Commission has delayed decisions on multiple crypto exchange traded funds (ETF) proposals Wednesday, pushing back deadlines for funds including BlackRock and Franklin Templeton. According to SEC filings, the agency has set a new deadline of Nov. 13 for Franklin’s Ethereum staking amendment, and Nov. 14 for its Solana and XRP ETFs. A proposal seeking to permit staking in BlackRock’s iShares Ethereum Trust is now slated for Oct. 30.The filings do not indicate how the SEC is leaning on the applications; only that more time is needed to evaluate them. The commission is using the maximum extension…

The Securities and Exchange Commission (SEC) delayed decisions on three crypto exchange-traded funds (ETFs) on Sept. 10.The decisions postponed BlackRock’s Ethereum staking proposal alongside Franklin Templeton’s spot XRP and Solana ETF applications. The delays come as the SEC develops a generic listing framework that could streamline future crypto ETF approvals.The postponements position these applications for potential approval during an anticipated October batch decision window, aligning with previous predictions.Bloomberg ETF analyst James Seyffart noted in April that crypto ETFs would likely get a batch of approvals in October, when some of the over 90 filings reach their final deadlines.Generic frameworkThe SEC…