Solana Surges as Galaxy Acquires $700M Tokens
$SOL surged 5% to $245.01, its highest since January, as @GalaxyDigital withdrew 3.1M SOL worth $724M from exchanges, signaling strong treasury demand. #Update #Crypto $SOL
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Bitcoin Miners Fuel AI Expansion Surge
@CoreScientific, @Hut8Mining, and @TeraWulf pivot from bitcoin mining to AI data centers, leveraging existing infrastructure for higher revenue potential amid declining crypto profitability. #Update #Crypto $BTC
Crypto Market Structure Tweaks GENIUS Strategy
U.S. Representative French Hill and Senator Cynthia Lummis support amendments to the GENIUS Act, aiming for a stronger stablecoin framework as the Senate prepares its market structure bill. #Update #Crypto $USDT
Chainlink Integrates with Polymarket to Enhance Security
@Polymarket integrates with @Chainlink to automate settlement of asset-price-related markets, reducing tampering risks. Initial focus on crypto prices; expansion to subjective markets planned. #Update #Crypto $LINK
BONE Price Surges 40% After Exploit
@Shibarium’s network faced a flash loan exploit, draining nearly $3M from its bridge. BONE surged 40% post-attack; staking operations paused as developers investigate. #Breaking #Crypto $BONE (+7) ↗
Private Credit Fund Launches with WisdomTree Token
@WisdomTree has launched the WisdomTree Private Credit and Alternative Income Digital Fund (CRDT) with a $25 minimum investment, tracking 35 funds, furthering tokenized asset trends. #Update #Crypto
Ethereum’s L2 Dilemma: Rethink Your Strategy
More companies, including @Robinhood, are planning to launch Ethereum layer 2 networks despite over 150 existing options; many may not need their own due to low transaction volumes. #Update #Crypto $ETH
Bitcoin Surges After Fed’s Rate Cut
Investors await the Fed’s Sept. 17 decision, with a 93% chance of a 25 bps cut; Bitcoin at $115,234 and gold at $3,643 may see long-term gains post-announcement. #Update #Crypto $BTC
Memecoins Surge on Fed Rate Cut Hopes
The memecoin sector rallies as traders anticipate a Federal Reserve interest rate cut, with Bitcoin’s market dominance dropping 3.5% and the CoinDesk Memecoin Index rising 7.1% amid growing altcoin season discussions. #Update #Crypto $SHIB $DOGE
Crypto Showdown: Quintenz vs Winklevoss
Former CFTC Commissioner Brian Quintenz shared messages with @Gemini’s Tyler Winklevoss amid stalled Senate confirmation, revealing potential lobbying efforts impacting his nomination process. #Update #Crypto $BTC
Bitcoin Soars 14% as Winklevoss Twins Predict $1M
@Gemini surged 14% in its Nasdaq debut after raising $425 million at $28 a share, valuing the exchange at $3.3 billion; Winklevoss twins predict $1M for $BTC in a decade. #Update #Crypto $BTC
SEC Chair Unveils Vision for On-Chain Finance
U.S. SEC Chair Paul Atkins announced plans to modernize securities rules and expand “Project Crypto,” asserting most tokens aren’t securities, aiming for clear regulations and investor protections. #Update #Crypto $BTC $ETH
HBAR Surges on Institutional Bets and ETF Hopes
Hedera’s $HBAR rose from $0.237 to $0.245 amid institutional interest following Grayscale’s HBAR trust plans and DTCC ETF filings, closing at $0.240 with strong support levels. #Update #Crypto $HBAR
Solana Surges as Novogratz Sets $1,314 Target
$SOL surged above $239, gaining 6% as @GalaxyDigital CEO Mike Novogratz called it “tailor-made” for financial markets; analyst Ali Martinez targets $1,314 following a bullish breakout. #Update #Crypto $SOL