Author: Kryptonews

Stellar’s XLM token slipped below key support in a bout of institutional selling, signaling broader market weakness. Between Sept. 18 at 15:00 and Sept. 19 at 14:00, XLM fell 3.58% from $0.40 to $0.39, with volumes surpassing the 24-hour average of 22.33 million tokens. Analysts pointed to concentrated selling during overnight sessions — traditionally dominated by institutional flows — and the breach of $0.40 support as evidence of repositioning ahead of regulatory clarity.Despite the pullback, XLM found modest relief in the final hour of trading, eking out a 0.05% gain as buyers defended the $0.39 level. Still, the broader trend…

FTX’s bankruptcy estate is set to release $1.6 billion of funds to creditors at the end of the month, marking the third major payout following the crypto exchange’s implosion nearly three years ago.The FTX Recovery Trust, which oversees the bankruptcy process, announced on Friday that payments will begin on September 30 for creditors who have completed verification steps on the FTX claims portal. Funds will be routed through service providers BitGo, Kraken or Payoneer and are expected to land in accounts within three business days.U.S. customer claims will receive 40% in the latest round, bringing their total recovery so far…

Grayscale just rolled out a multi-asset crypto ETP on NYSE Arca, introducing a fund that tracks five major cryptocurrencies. This offers a fresh approach for tapping into diversified exposure across the digital-asset class. Summary Grayscale launched the first U.S. multi-asset crypto ETF, listed on NYSE Arca. The ETF tracks Bitcoin, Ether, XRP, Solana and Cardano, covering over 90% of crypto market cap. The product shifts from OTC to exchange-traded, improving liquidity and access. According to a September 19 press release, the Grayscale CoinDesk Crypto 5 ETF ticker kicked off trading on the NYSE Arca this Friday. It’s now the first…

XRP dominance is seeing an emergence in Upbit’s reserves, which has the South Korean giant apart from its global peers. While Bitcoin typically anchors the reserve portfolios of major platforms, Upbit presents a rare deviation. Upbit’s XRP Bet In December 2024, the exchange sharply increased its XRP holdings and has continued those levels since. Data shared by CryptoQuant now shows that the USD value of XRP reserves is nearly on par with Bitcoin, which makes Upbit one of the only major exchanges where Bitcoin is not the clear leader. The analytic platform views this unusual balance as a potential indicator…

Aave reached $30.5 billion in active loans on Sept. 18, representing 65% of the $46.72 billion in total active loans across decentralized protocols.Data from Token Terminal shows that the lending protocol maintains a comfortable lead over competitors. Its nearest rival, Morpho, holds less than $5 billion in active loans.Aave also commands a total value locked (TVL) of $42 billion, making it the largest DeFi protocol by TVL, based on DefiLlama data.The deposit figures would position Aave as the 53rd largest US commercial bank if it operated under traditional banking structures, placing it among the top 2.5% of US commercial banks…

Beyond cryptocurrency trading and investing, cloud mining has become one of the hottest ways for people to earn in the crypto space. Traditional mining requires massive computing power, expensive equipment, and high energy costs—barriers that only a few can afford. Thanks to growing adoption and continuous innovation in blockchain, anyone can now participate in crypto mining directly from their smartphone.In this article, we’ll introduce 5 of the most trusted cloud mining platforms in 2025, where you can start mining Bitcoin, Dogecoin, and more—without owning any hardware.What is Cloud Mining?Cloud mining is a process of mining cryptocurrencies like Bitcoin using remote…

Key Takeaways FTX will distribute $1.6 billion to creditors on September 30, 2025. This payment is part of ongoing bankruptcy proceedings after FTX’s collapse in November 2022. Share this article FTX, the cryptocurrency exchange that collapsed in November 2022, will distribute $1.6 billion to creditors on September 30.The payment represents part of ongoing bankruptcy proceedings following FTX’s failure amid fraud allegations against founder Sam Bankman-Fried. The exchange’s collapse left over $8 billion in customer funds initially unaccounted for. Share this article

HBAR faced steady downward pressure over the past 23 hours, sliding from $0.25 to $0.24—a 3.38% decline. The token initially attempted to build momentum on September 18, reaching $0.25 by 20:00, but sellers quickly overwhelmed demand near that resistance level. Trading activity spiked at 19:00 with volumes topping 55.91 million, underscoring the intensity of selling. By late evening, HBAR broke below key support zones at $0.25 and $0.24, testing the lower boundary before finding temporary stability.The retracement highlights fragile sentiment in the short term, with bears maintaining control as buyers failed to defend critical thresholds. The inability to reclaim lost…

As digital assets trade near new highs, investors who missed early Bitcoin gains are looking at presales. These early offerings provide tokens at discounted prices before exchanges list them, creating the chance for higher returns. In 2025, Nexchain has drawn steady attention as one of the best crypto presales, thanks to its advanced technology and structured roadmap.How Presales Create Early OpportunitiesPresales allow projects to raise funds while giving participants entry at favorable prices. Strong campaigns are built on transparency, with clear token allocation, vesting rules, and visible progress.For buyers searching for the best crypto to buy now, presales combine lower…

Key points:Bitcoin faced significant resistance at $117,500, indicating that the bears are unlikely to give up easily.Several major altcoins tried to break above their overhead resistance levels, but the bears held their ground, signaling selling on rallies.Bitcoin (BTC) continues to face significant resistance near $117,500, but a positive sign is that the bulls have kept up the pressure. That suggests the buyers are not rushing to the exit as they anticipate a move toward the all-time high of $124,474.BTC researcher Axel Adler Jr. said in a post on X that the “market is neither overheated nor oversold” at the current…