Author: Kryptonews

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Ethereum (ETH) has experienced a sharp decline, slipping below the $4,000 mark and setting a fresh low near $3,820. This move highlights the intense selling pressure weighing on the market as bulls struggle to establish a firm support zone. The decline comes after weeks of elevated volatility, leaving traders cautious about whether ETH can quickly rebound or if a deeper correction may be underway. Despite the bearish momentum in price action, some analysts argue that this low could mark a potential bottom for Ethereum. Their view is…

BlockDAG has raised over $410 million in its presale and sold more than 26.4 billion coins, with the coin still available at a price-locked $0.0016, even though the current batch 30 is priced at $0.03. Early holders of the coin have already seen an ROI of 2900%. But what makes this presale one of the most discussed in 2025 isn’t just numbers; it’s the infrastructure. BlockDAG (BDAG) is deploying a tech stack built for high throughput, global access, and verifiable utility. With over 3 million mobile miners on board and 20,000 hardware miners shipped, the network is already operational before…

On Friday, the Telegram ecosystem, through AlphaTON Capital, completed a $71 million financing round and allocated an initial $30 million to purchase a tranche of TON tokens. AlphaTON plans to expand its TON treasury to $100 million by Q4 2025. AlphaTON Capital closed its financing round of approximately 6.32 million ordinary shares at $5.73 per share, raising its gross proceeds by $36.2 million. It also closed a $35 million loan facility with BitGo Prime.  Shareholders get exposure to the Telegram ecosystem 🪙 TON (The Open Network) is an infinitely scalable blockchain that we helped develop years ago to meet the…

Vesting NFTs surged to the top of data aggregator CryptoSlam’s daily sales volume rankings on Friday, generating over $12.4 million on BNB Chain.The sharp spike placed the niche non-fungible tokens (NFTs) product ahead of legacy digital art collections like CryptoPunks and Pudgy Penguins, signaling that investors are showing interest in new forms of liquidity for vested tokens. The activity surge also made BNB Chain the top network for daily NFT sales with about $14 million, almost doubling Ethereum’s $7 million for the day. CryptoSlam data showed that UNCX Network, a decentralized service provider, operates the Vesting NFTs that surged on BNB…

Earlier today, Ethereum (ETH) slid below the psychologically important $4,000 level for the first time since August 8. The fall in ETH’s price can be attributed to a mix of macroeconomic, structural, and crypto-specific factors. Ethereum Dips Below $4,000, Analyst Explains Why According to a CryptoQuant Quicktake post by contributor Arab Chain, ETH’s latest descent below $4,000 can be blamed on a complex mix of factors. First, a strong US dollar, coupled with the Federal Reserve’s (Fed) cautious stance following its September rate cut, dampened risk appetite. Related Reading Furthermore, rising bond yields and the increasing risk of a US…

Two Texas brothers face federal kidnapping charges after holding a Minnesota family at gunpoint for nine hours while stealing $8 million in crypto, forcing local schools to cancel their homecoming football game. According to the DOJ, Raymond Christian Garcia, 23, and Isiah Angelo Garcia, 24, used an AR-15 and a shotgun to terrorize victims in their Grant, Minnesota, home on September 19.A Well-Executed Crypto HeistThe violent heist began at 7:45 am when the brothers ambushed the primary victim while taking garbage to the street. They zip-tied the man’s hands, forced him inside, and awakened his wife and adult son at…

Cipher Mining (CIFR) priced a $1.08B private offering of a 0.00% convertible senior notes due 2031, upsized from $800M initially. The notes, senior unsecured obligations, are convertible at an initial price of $16.03 per share, a 37.5% premium to Thursday’s $11.66 close. Investors may require repurchase in 2029 at par, while Cipher can redeem starting in 2028 if shares trade 30% above the conversion price. Net proceeds of $1.08B will fund capped call transactions, the Barber Lake data center buildout, and expansion of its 2.4 GW high-performance computing pipeline.The financing comes as Cipher yesterday secured a $3B AI hosting deal…

Key Highlights:  Cipher Mining is upsizing its private offering of 0.00% convertible notes from $800 million to $1.1 billion, indicating a strong investor interest.  The notes carry a conversion price of $16.03 per share which is about 37.5% above the last trade which was at $11.66. This offers investors flexible settlement in cash, stock or both.  Cipher will use $1.08 billion to expand its data centres, HPC projects and limit stock dilutions.  Cipher Mining Inc. (NASDAQ: CIFR), a leading developer and operator of large-scale industrial data centres, has completed the pricing of an increased private offering of $1.1 billion in…

Cronos, the native cryptocurrency of Crypto.com’s Cronos Chain, has faced significant selling pressure since the launch of the Trump Media Group CRO Strategy last month.On Aug. 26, Trump Media and Technology Group (TMTG), the operator of Truth Social and majority-owned by the Donald J. Trump Revocable Trust, announced a joint $6.4 billion Cronos (CRO) treasury.The announcement sparked an immediate 40% rally in CRO’s price. However, since then, the token has steadily declined, nearly erasing those gains as CRO tumbled below $0.19 on Thursday, approaching pre-announcement levels, according to CoinGecko data.Amid the price decline, many in the community have questioned demand…

Key NotesAster has reimbursed traders affected by the abnormal price movement in Aster’s XPL perpetual contract.It completed the reimbursement exercise in USDT.ASTER price is currently trading at an 11% loss, an impact of the liquidation upset. All traders who were affected by an abnormal price movement in Aster’s XPL perpetual contract have been reimbursed. The reimbursement was done in Tether’s USD-pegged stablecoin USDT. Aster did not reveal the total amount of liquidations that it compensated impacted traders for. Aster Resolves Sudden XPL Perpetual Contract Price Spike According to the decentralized perpetuals exchange, which is backed by Changpeng Zhao-linked YZi Labs,…