Author: John Smith
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. SitonMining integrates with the XRP ecosystem, opening a new path for accessible cloud-based mining. Summary SitonMining lowers barriers to mining by removing the need for hardware and technical expertise. Its cloud-based model allows users to participate in mining in a simple and consistent way. Transparent systems and decentralized management enhance trust and security for participants. In today’s rapidly developing blockchain world, XRP, as the world’s leading payment cryptocurrency, has long been renowned for its efficient and low-cost cross-border payments.…
Aster slid 16% intraday after DeFiLlama delisted its perpetual futures data over suspicious trading patterns, sparking a sell-off amid rising market activity and trader caution. Summary Aster price dropped more than 10% to $1.92 after DeFiLlama delisted its perpetual data. Derivatives volume rose 1.85% to $4.83B, while open interest held at $1.45B. RSI near 47 shows neutral momentum; key support sits at $1.75. Aster is trading at $1.92, down 6% on the day. The token dropped to an intraday low of $1.80 from a high of $2.09 before marginally rising. Aster is now 21% down from its peak of $2.09…
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. The GENIUS Act was supposed to bring clarity to stablecoins, and in many ways, it has. For the first time, there’s a clear federal framework: issuers now have to fully collateralize their coins with safe assets, maintain transparent reserves, and they cannot pay yield directly to customers. After years of uncertainty, this kind of clarity is huge, but it has also caused heads to butt. Summary Banks fear stablecoins will drain deposits, but history shows financial systems…
In this week’s edition of the weekly recap, market momentum pushed Bitcoin to a new all-time high, surpassing $125,000, as institutional infrastructure expands. Source link
Bitcoin jumped to a record high, boosted by safe-haven bets, increased exchange-traded funds inflow, and the rising Fear and Greed Index. Summary Bitcoin’s latest surge underscores a renewed wave of investor optimism driven by improving market sentiment, expectations of Federal Reserve rate cuts, and mounting inflows into spot ETFs. The convergence of macroeconomic tailwinds, seasonal strength, and risk appetite has positioned BTC for another potential leg higher — signaling that the world’s largest cryptocurrency may be entering a new phase of institutional-led momentum. Bitcoin price rises as Crypto Fear and Greed Index jumps Bitcoin (BTC) price continued its strong rally…
Solana resumed its strong uptrend on Sunday, Oct. 5, as the crypto market jumped, its stablecoin supply hit a record high and the staked SOL ETF inflows jumped. Summary SOL has surged to $236—its highest price since Sept. 21 and up 150% from this year’s low—driven by strong fundamentals and bullish technical signals. A key catalyst is the rapid growth of stablecoins on the Solana network, which hit a record $15 billion in circulation, led by USD Coin and Tether. Institutional interest is also rising, reflected in the $404 million REX-Osprey SOL + Staking ETF (SSK), launched in July. Analysts…
Aster price rally has pulled back in the past two days, moving from last week’s high of $2.2738 to $2. This crash has happened despite the ongoing surge in its key metrics, which have jumped to a record high and flipped Hyperliquid. Summary Aster has pulled back to $2 after hitting $2.27 last week, even as on-chain and trading metrics hit record highs. The perpetual futures exchange—backed by Binance founder Changpeng Zhao—handled over $571 billion in weekly volume, surpassing rival Hyperliquid, which saw activity drop to $49 billion. Fees on Aster jumped to $109 million, while total value locked rose…
Discord disclosed a security incident where an unauthorized party compromised one of its third-party customer service providers. Summary The incident highlights the growing security risks posed by third-party service providers, even for major platforms with strong internal safeguards. While Discord’s core systems remain unaffected, the exposure of user data—including contact details, limited billing information, and ID images—underscores how support-related vulnerabilities can still lead to serious privacy concerns and potential phishing threats. The hackers gained access to personal information from users who had contacted customer support or trust and safety teams. The breach did not directly compromise Discord’s systems, and no…
Plasma price moved into a bear market after its recent airdrop, even as its transactions and assets in its decentralized finance surge. Summary Plasma’s sharp price decline highlights a growing disconnect between on-chain fundamentals and market sentiment. Despite surging network activity, soaring DeFi deposits, and a new partnership with Chainlink, the token’s post-airdrop selloff underscores how short-term profit-taking and liquidity dynamics can overshadow strong project performance. The coming weeks will test whether Plasma’s fundamentals can stabilize investor confidence and spark a recovery. Plasma price plunged despite ecosystem growth Plasma (XPL) token slipped below a crucial support level at $1 and…
FTX, the bankrupt cryptocurrency exchange launched by disgraced entrepreneur Sam Bankman-Fried, issued warnings about phishing scams targeting its creditors. Summary FTX warns of phishing scams targeting third creditor payout round. Fake Kroll emails mimic official updates to steal logins and wallet access. Users reminded FTX won’t ask to connect external wallets for payouts. The third round began on September 30, distributing approximately $1.6 billion to remaining bankruptcy claimants. Scammers are impersonating Kroll Settlement Administration and the FTX Recovery Trust through fraudulent emails designed to steal user credentials and cryptocurrency. FTX’s official account posted examples of fake communications that mimic legitimate…