Author: Kryptonews

Real-world assets (RWA) focused project Midas and Interop Labs unveiled mXRP, an attempt to channel dormant XRP supply into yield-bearing structures the could deliver returns as high as 8%.Announced at XRPL Seoul 2025 on Monday and pitched as the first liquid-staking product tied directly to the XRP ecosystem, the product is minted on XRPL’s EVM through audited contracts. XRP is bridged in and wrapped under Midas’ tokenized certificate framework. MXRP can be used as a structured vehicle that users can slot into existing decentralized finance (DeFi) infrastructure, with early strategies including market-making and liquidity provisioning.Targeted net returns are set in…

Crypto prices tumbled hard during Asian trading hours, wiping out nearly 4% of the market’s capitalization in a single session.Bitcoin drove the downturn, falling by more than $4,000 in the past day to hover near $112,000 at press time, according to CryptoSlate’s data.Meanwhile, the decline was not limited to BTC as Ethereum slid 7% to $4,163, while XRP lost over 6% to trade around $2.82.Other large-cap tokens, including Solana, Dogecoin, and BNB, also registered more than 6% declines during the same window.The broad downturn marked the first major correction after weeks of steady gains that had driven digital assets to…

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The Aster perpetuals exchange on BNB Chain is attracting strong attention in the decentralized trading sector. Here we break down what Aster is, how it works, and why it matters.What is Aster?Aster is a decentralized perpetual DEX built on the BNB Chain network. The protocol is designed to serve both new and experienced traders in its two modes for trading. Aster’s goal is to build DeFi infrastructure that is fast, flexible, and community-driven. By that, the protocol wants to bring together the speed of centralized platforms with the transparency and security of DeFi.What is Aster – Ember (BD, Aster)The platform…

The Ronin Treasury is looking to buy back over $4 million worth of RON tokens from the open market in a bid to reduce the circulating supply of the token, which could push up prices. The gaming-focused blockchain Ronin Network announced on Sunday that it will begin swapping all of its Ether (ETH) and USDC (USDC) holdings for RON over the course of a month, starting on Sept. 29.The buybacks will increase the amount of Ronin (RON) in the treasury and decrease the amount of Ronin tokens in circulation. There are currently 693 million out of a total 1 billion…

Arthur Hayes has sold more than 96,000 HYPE tokens on Sunday for $4.8 million, according to Hypurrscan. Lookonchain reported that he made $823,000 in profit on the trade. “Need to pay my deposit on the new Rari 849 Testarossa,” said Hayes on Sunday. Ferrari unveiled the new plug-in hybrid in Milan this month, and the 1,036-horsepower supercar is expected to go on sale starting at $540,000 for the coupe. Need to pay my deposit on the new Rari 849 Testarossa https://t.co/PX7Hx0FuK9 — Arthur Hayes (@CryptoHayes) September 21, 2025 HYPE Has Doubled This Year The token dumped around 12% from just over…

Welcome to the Asia Pacific Morning Brief—your essential digest of overnight crypto developments shaping regional markets and global sentiment. Monday’s edition is last week’s wrap-up of bitcoin moves and this week’s forecast, brought to you by Paul Kim. Grab a green tea and watch this space. The highly anticipated interest rate cut finally became a reality last week, but Bitcoin’s price failed to rally. This starkly contrasts with the Nasdaq, which strongly correlates with Bitcoin’s price and surged 1.7% in the same period. The Fed’s ‘Risk Management’ StrategySponsored Last week, the Federal Reserve’s Federal Open Market Committee (FOMC) meeting was one of the…

Crypto pundits are debating whether there will be a crypto rally in October — just 10 days away — after the markets went in an opposite direction on Monday. Historically, October has been one of the most reliably positive months for Bitcoin (BTC), shooting into the green 10 out of 12 times since 2013, according to CoinGlass, earning it the moniker “Uptober.”The asset has not seen a loss in October since 2018, when it declined 3.8%. In the bull market years of 2017 and 2021, Bitcoin gained 48% and 40% respectively, in October. A similar surge this bull market year could see…

Bullish bitcoin BTC$108,783.53 bets on Bitfinex, one of the longest-running crypto exchanges, have notably increased in recent weeks, presenting bearish dues for BTC’s price which has fallen below critical moving average support.Data from TradingView shows that BTC/USD long positions on Bitfinex have surged by 20% over the past three months, reaching 52,774 margin trading positions. These longs represent positions using borrowed funds to purchase bitcoin, amplifying both potential gains and risks.Typically, a rise in long positions implies strong buying pressure and a bullish market sentiment. However, bitcoin’s market has historically shown a paradox where increases in leveraged long positions often…

Key Takeaways Metaplanet, a Japanese public company, bought 5,419 more BTC, raising total holdings to 25,555 BTC. At Bitcoin’s current price, Metaplanet’s BTC is worth around $2.9 billion. Share this article Metaplanet, a Japanese publicly traded technology and investment company, increased its Bitcoin holdings by 5,419 BTC today, bringing its total to 25,555 BTC.The acquisition reflects the company’s aggressive Bitcoin accumulation strategy throughout 2025, as it follows the model pioneered by Strategy, which holds 638,985 BTC.At current market prices of around $114,433 per Bitcoin, Metaplanet’s holdings are valued at around $2.9 billion.The purchase aligns with a broader trend of corporate…