Author: Kryptonews

Key takeaways:Ether’s correction aligned with broader altcoin moves, with liquidations offset by stable open interest.Ether options and perpetual funding data show weaker bullish demand, but no derivatives-driven trigger for sell-off.Ether (ETH) faced a 9.2% correction in less than 12 hours following a risk-off move in the cryptocurrency market. Despite more than $500 million in forced liquidations from bullish leverage positions, buyers stepped in near $4,150. Traders are now debating whether the sell-off was excessive and if there is room for further corrections below $4,000.ETH/USD vs. other major altcoins, 30min. Source: TradingView / CointelegraphEther’s decline was nearly identical to the broader…

Key Highlights: Anthony Scaramucci recently invested in AgriFORCE, a crypto treasury company. AgriFORCE is rebranding to AVAX One as it aims to establish a $700 million Avalanche treasury. The company has launched a $550 million fundraise to purchase AVAX tokens. AgriFORCE Growing Systems (NASDAQ: AGRI) declared its intention to rebrand into AVAX One and became the first company to be listed on NASDAQ as a company focused on investments in Avalanche (AVAX) tokens. The firm intends to raise $550 million to hold more than $700 million of AVAX. Strategic advisors include Anthony Scaramucci of SkyBridge Capital and Brett Tejpaul of…

Key takeaways:Bitcoin dipped below $111,500, testing a major daily demand zone.Spot demand remains strong, keeping the market structure broadly in favor of bulls.Price levels around $113,000, $107,200, and $100,000 could pique investors’ interest.Bitcoin (BTC) dipped below $111,500 during the Asian market session on Monday, clearing out internal liquidity between $115,000 and $114,000 and testing a daily demand zone between $110,700 and $113,200. The dip places BTC at risk of losing support from the 50-day exponential moving average if its daily candle closes under $113,200.Bitcoin one-day chart. Source: Cointelegraph/TradingViewCointelegraph highlighted the likelihood of this retest last week, projecting a dip under…

Treasury authorities in the US and UK have announced the formation of a transatlantic task force to explore “short-to-medium term collaboration on digital assets.”In Monday notices, the US Treasury Department and HM Treasury said the cross-country effort, taking place through the already established UK-US Financial Regulatory Working Group, would release a report with recommendations within 180 days. The new task force, called the Transatlantic Taskforce for Markets of the Future, will consider crypto laws and regulations as well as how the two countries can collaborate on “wholesale digital markets innovation.”Source: UK Chancellor of the Exchequer Rachel ReevesThe announcement follows a…

Joerg Hiller Sep 22, 2025 12:47 Bitcoin surged to $117,000 anticipating a Fed rate cut, then fell to $115,000 due to selling pressure. Market dynamics reflect cautious optimism but highlight volatility risks. Bitcoin recently experienced a significant rally, reaching $117,000, driven by market anticipation of a potential Federal Reserve rate cut. However, this upward momentum was short-lived as selling pressure prompted a retreat to $115,000, according to Glassnode. Market Dynamics and Indicators The spot market for Bitcoin revealed a decline in the Relative Strength Index (RSI) from overbought levels, coupled with a sharp…

As Argentina grapples with soaring inflation and a run on the peso that has battered domestic asset prices, the United States has stepped in with the promise of a financial lifeline — though Bitcoin proponents remain skeptical it will make a difference.The peso tumbled roughly 4.5% last week as investors questioned President Javier Milei’s ability to deliver fiscal and structural reforms following his party’s poor showing in Buenos Aires provincial elections earlier this month. The sell-off was compounded by a corruption investigation involving a family member of Milei, deepening political uncertainty.Investor unease triggered heavy outflows from Argentine markets. The central…

One year after Adrian Cheng resigned as CEO of his family’s Hong Kong property firm, New World Development Co., the mega-collector has announced his next venture: ALMAD Group. The details of the new business are predictably fuzzy. The announcement reads like Cheng, who will serve as founder and executive chairman, filled out a tech-investment Mad Libs: the company will focus on digital assets, blockchain technologies, and “immersive digital experiences” across entertainment, sports, and media in mainland China, Southeast Asia, and the Middle East. Related Articles “Our mission is clear: to build what the next generation needs and to shape a…

Key points:Bitcoin witnessed the biggest long liquidation of the year, indicating that bulls are losing their grip over the market.Several altcoins are striving to hold on to their support levels but may face solid selling on rallies.Bitcoin (BTC) fell to $111,800 on Monday but has since then recovered above the $112,700 level. The nasty fall was due to liquidation of leverage positions. CoinGlass said in a post on X that traders faced $1.62 billion in long liquidations in 24 hours, which was the biggest long liquidation of this year.Select analysts are not perturbed by the fall as they anticipate BTC…

In brief The UK’s Financial Conduct Authority has reduced application process times for crypto service providers by 69% since 2022/23. Total applications have declined over the past couple of years, as firms wait and see how UK crypto regulation develops. Successful applications have also declined, although fewer firms are withdrawing applications. The UK’s Financial Conduct Authority has reduced the time it takes to approve crypto registration applications by 69% since 2023, although data from the regulator also show that there has been a 43.5% decline in applications over the past two years.The FCA has released the data following a freedom…

A group of Democratic senators in the US Congress has signaled its intention to work with Republicans on advancing legislation to establish a digital asset market structure framework.In a Friday statement, 12 Democrats, including members of the Senate Banking Committee and Senate Agriculture Committee, issued a statement ahead of an expected vote on a crypto market structure bill pushed by Republican leadership.“We hope our Republican colleagues will agree to a bipartisan authorship process, as is the norm for legislation of this scale,” the statement reads. “Given our shared interest in moving forward quickly on this issue, we hope they will…