Author: Kryptonews

The altcoin derivatives market in the final week of September shows a sharp imbalance between the total accumulated volume of Long and Short positions. This imbalance results from over $200 billion in market capitalization being wiped out, dragging many altcoins lower. In this context, short-term traders display strong bearish sentiment as potential Short liquidations spike. 1. Ethereum (ETH)Sponsored Sponsored Ethereum faces the largest potential liquidation volume among altcoins in the last week of September. The 7-day liquidation map reveals that traders are allocating more capital and leverage to Short positions, pushing Ethereum’s potential liquidation size into the billions of dollars.…

Bitcoin’s transaction count has reached 540,000, marking the highest level in 2025. Analysts say the rise in network activity is a sign of growing demand and could support the cryptocurrency’s next bullish phase. Rising On-Chain Transactions Signal Growing Demand Source: tradingview.com QryptoQuant’s latest report shows there has been a noticeable increase in activity on the Bitcoin network. Analysts believe that the flagship cryptocurrency’s price trajectory might be impacted by the recent spike in network activity. CryptoOnchain’s study looked at Bitcoin’s transaction count, which shows how many confirmed transfers happen on the network at a given time. In 2025, the 14-day…

Stablecoin issuer Tether has denied widespread local media reports that it is exiting Uruguay over a $4.8 million debt dispute with one of the country’s state-owned electricity entities.According to local news source Telemundo, Tether abandoned its crypto mining operations and future plans after the National Administration of Power Plants and Electric Transmissions (UTE) unplugged power at its facilities for failing to pay a $2 million electricity bill for May.It also reported that Tether also owed around $2.8 million for other local projects, bringing its total liabilities to roughly $4.8 million, excluding fines and surcharges, Telemundo said on Saturday, citing fellow…

An art museum in rural Denmark has acquired Artemisia Gentileschi‘s Susanna and the Elders (1644–48), a large work by the Italian Baroque artist. The Nivaagaard Collection said Susanna and the Elders was “the most important addition made to the collection since 1908,” when it was founded by Johannes Hage. Located about 40 minutes north of Copenhagen, the museum is now the first Danish institution to own a work by the artist. The story of Susanna and the Elders was one Artemisia Gentileschi returned to repeatedly. She painted it when she was 17, in what is commonly regarded as her earliest…

Key Takeaways 21Shares has listed a Dogecoin ETF on the DTCC under the ticker TDOG. This is one of the first ETFs providing exposure to Dogecoin, going beyond Bitcoin and Ethereum-focused products. Share this article 21Shares, a Swiss asset management firm specializing in crypto exchange-traded products, has listed its Dogecoin ETF on the Depository Trust & Clearing Corporation under the ticker TDOG today. The development comes amid an accelerated approval process for crypto-related ETFs under President Trump’s administration, which has shown support for cryptocurrency innovation. The DTCC listing enables the ETF to provide investors exposure to Dogecoin’s price movements without…

Ethereum (ETH) has slipped 6.1% in the past 24 hours, falling below $4,300 after bulls failed to defend the crucial $4,500 resistance zone. The decline comes despite fresh institutional buying, with Tom Lee–led BitMine purchasing approximately $84 million worth of ETH in just 24 hours, lifting its holdings to over 2.15 million coins. Related Reading BitMine’s aggressive accumulation, executed in five separate tranches, proves the growing institutional adoption. However, the market remains in “fade-the-rally” mode, as short-term traders continue to sell into strength. Fed Rate Cut Bounce Fizzles Ethereum (ETH) initially spiked above $4,600 after the U.S. Federal Reserve announced…

Bitcoin mining company CleanSpark (CLSK) has secured a new $100 million credit facility with Coinbase Prime, giving it access to fresh capital without selling its bitcoin holdings or raising equity.The shares rose nearly 6% in post-market trading, after the announcement on Monday. The mining company will use the proceeds for strategic capital expenditures, including expanding CleanSpark’s energy portfolio, scaling its bitcoin mining operations, and investing in high-performance computing (HPC) capabilities, the company said in a press release. Rather than selling bitcoin to raise cash or selling additional shares of the firm—a move that can dilute the current shareholders—CleanSpark is using…

As Hedera’s native HBAR coin just crumbled 7.38%, a bigger issue is detected by the on-chain sleuths on the network’s liquidity. According to DefiLlama’s blockchain explorer, the Distributed Ledger Technology (DLT) employing HBAR Network saw a stupendous 53.39% drop in its stablecoin market, signaling an uncanny bearish shift as crypto markets bleed out on Monday.After this on-chain liquidity flop, there’s currently just over $69 million in stablecoin liquidity, with the vast majority of it dominated by Circle USD (USDC). Zooming out, the total value locked (TVL) on Hedera’s native chain took a softer blow, dropping 9.72% of its market capitalization…

Key Takeaways:mXRP is the first certificate to offer exposure to market-neutral, yield-paying XRP strategies.It was developed in partnership with Axelar and Hyperithm and leverages on-chain and cross-chain infrastructure.The product can potentially unlock new utility for hibernating XRP holdings by converting them into yield-paying assets.A new benchmark is achieved for XRP holders. mXRP, a structured certificate issued by Midas in collaboration with Axelar and Hyperithm, is a platform for yield generation on XRP independent of price increase. For one of the world’s most traded cryptocurrencies, this is a milestone towards further connection with decentralized finance (DeFi).Read More: XRP Price Prediction –…

Nearly three years after the collapse of crypto exchange FTX, courtroom battles tied to its executives and their associates are still unfolding. This week, Michelle Bond, spouse of former FTX Digital Markets co-CEO Ryan Salame, will return to court for an evidentiary hearing in her criminal case.In a Sunday filing in the US District Court for the Southern District of New York (SDNY), Bond’s legal team requested that a federal judge allow her to testify despite prosecutors’ objections.Prosecutors had argued Friday that it was unlikely Bond could offer testimony relevant to Salame’s plea agreement involving allegations of campaign finance fraud. He’s…