As the leading smart contract blockchain, Ethereum’s native Ether (ETH) token could be set to benefit from “Wall Street running into the blockchain,” according to BitMine, the largest corporate holder of ETH. 🏦💥
BTC slumped to a four-week low as selling pressure intensified. The flagship cryptocurrency fell to an intraday low of $108,776 before registering a marginal recovery and reclaiming $109,000. BTC is down over 2% during the ongoing session, trading around $109,393, with sellers in control. 🐐📉
The meme coin crowd, those digital jesters of the blockchain, have jingled their caps 36% higher in the past year, while stablecoins-crypto’s new best friends-have swelled from $200B to nearly $300B. A tidy sum, really, if you ignore the fact that it’s all just digital IOUs scribbled on a ledger.
According to the ever-so-reliable Crypto in America, Vanguard is “laying the groundwork” and “holding external discussions” – oh, how thrillingly vague! Apparently, client demand and a shifting regulatory landscape have forced their hand. But fear not, my cautious comrades, for they’re being “very methodical,” as a spokesperson so eloquently put it. Methodical, indeed – one might say they’re moving with the urgency of a tortoise at tea time. 🍵
According to the oracles at CoinGlass, the total value of these liquidated positions reached a staggering $966 million from September 25, 12 pm UTC, to September 26, 12 pm UTC. A veritable massacre, with long positions accounting for $843.07 million of the carnage. Short positions, those wily survivors, managed to escape with a mere $122.93 million in losses. One can almost hear the schadenfreude in the data.
The Telegram realm, once known for its chats and memes, has now plunged headfirst into the wild world of digital assets! 🌐💸 With AlphaTON Capital’s $71 million fundraising, they’ve snatched their first $30 million chunk of TON tokens. Now, they’re aiming to swell their treasure to a mighty $100 million by 2025, becoming a giant in the TON network. 🧙♀️✨
What’s this ruckus about? Can Stellar’s grit outlast the market’s moody tantrums as September rides into the sunset? 🤠
According to the ever-watchful Lookonchain, our hero scooped up 538,384 ASTER tokens-worth a hair under $990,000-over the past three days. He allegedly funneled $1 million in USDT into Aster using not one, but two public wallets (because why use one when you can use two? 🎩✨). Then, like a magician pulling a rabbit from a hat, he withdrew the tokens at an average price of $1.87. Ta-da!
In a thrilling twist of cosmic irony, Chainlink proudly proclaimed via their X post (because apparently, just “posting” is so last decade) that our dear friend World Chain, co-founded by none other than Sam Altman, has transformed the humble WLD token into a Cross-Chain Token (CCT)-no, not a CCT that you can hang on your door, but a digital one powered by Chainlink’s cosmic technology. Now, transferring WLD between World Chain and Ethereum is easier than failing to understand quantum physics at a dinner party.
Pray, consider the state of the crypto exchange-traded fund (ETF) markets, which have been thrust into a most precarious situation this week. What began as a genteel tug-of-war between inflows and outflows has devolved into a veritable rout, with both bitcoin and ether ETFs suffering most grievously on Thursday, Sept. 25. One can only imagine the consternation among investors! 😓
