Crypto News

Cryptocurrency news covering Bitcoin, Ethereum, and altcoins. Track crypto prices, blockchain developments, DeFi trends, and regulatory updates.

XRP Ledger Lending Upgrade Still Inactive; Bank Control Claims Unfounded
Crypto Sarah Chen

XRP Ledger Lending Upgrade Still Inactive; Bank Control Claims Unfounded

The XRP Ledger's LendingProtocol upgrade is not yet live, and claims that it gives banks control are exaggerated. Validators still govern the network.

IBIT
MARA's AI Data Center Strategy Faces Scrutiny After JPMorgan Downgrade
Crypto Sarah Chen

MARA's AI Data Center Strategy Faces Scrutiny After JPMorgan Downgrade

MARA Holdings trades near JPMorgan's new $11 target after a downgrade, spotlighting the economics of its AI data center joint venture with Starwood.

MARA JPM
Coinbase Streamlines Trading: Eight Crypto Pairs Suspended, Assets Unaffected
Crypto Sarah Chen

Coinbase Streamlines Trading: Eight Crypto Pairs Suspended, Assets Unaffected

Coinbase suspends eight trading pairs on September 15 to improve market health, but the tokens remain tradable via USD order books. This move is a liquidity consolidation, not a delisting.

COIN
XRP Holds Above $1.38 Ahead of Senate Vote; $1.60 Remains a Distant Goal
Crypto Sarah Chen

XRP Holds Above $1.38 Ahead of Senate Vote; $1.60 Remains a Distant Goal

XRP trades above $1.38 ahead of the Senate vote on the Digital Asset Market Clarity Act. The $1.60 target is still 14% away, with key resistance at $1.41.

IBIT
Senate CLARITY Vote: Procedural Step, Circle's Earnings Still Tied to Reserves
Crypto Sarah Chen

Senate CLARITY Vote: Procedural Step, Circle's Earnings Still Tied to Reserves

Tuesday's Senate vote on the CLARITY Act is a procedural cloture motion, not final passage. Circle's earnings remain heavily tied to USDC reserve yields, with interest rates a key variable.

CRCL
Crypto Trading Bot Built on Fruit Fly Brain Shows No Proven Edge
Crypto Sarah Chen

Crypto Trading Bot Built on Fruit Fly Brain Shows No Proven Edge

Stonkfly, an open-source crypto trading experiment using a simulated fruit fly brain, has not demonstrated a profitable trading edge. Its Coinbase integration is minimal and lacks real trading validation.

COIN
XRP Ledger 3.3.0 Live: Most New Features Still Await Network Approval
Crypto Sarah Chen

XRP Ledger 3.3.0 Live: Most New Features Still Await Network Approval

XRP Ledger 3.3.0 is live, but five of six new amendments remain inactive, pending validator approval. XRP hovers near $1.34 amid governance uncertainty.

IBIT
Bitwise Dogecoin ETF Faces Final Trading Day as Closure Looms
Crypto Sarah Chen

Bitwise Dogecoin ETF Faces Final Trading Day as Closure Looms

BWOW Dogecoin ETF's final trading day is Oct 14; automatic cash redemption follows around Oct 22. Investors face a choice between selling on the market or waiting for liquidation.

IBIT
Crypto Derivatives Calm as Weekend Trading Holds Steady
Crypto Sarah Chen

Crypto Derivatives Calm as Weekend Trading Holds Steady

Cryptocurrency markets showed balanced trading over the weekend, with perpetual futures closely tracking spot prices, suggesting no decisive leveraged move before Monday.

IBIT
Bitcoin Consolidates Near $77K as IBIT Faces Minimal Weekend Gap
Crypto Sarah Chen

Bitcoin Consolidates Near $77K as IBIT Faces Minimal Weekend Gap

Bitcoin trades near $77,300, leaving IBIT with almost no catch-up move. Market eyes Fed meeting and inflation data as key catalysts.

IBIT COIN MSTR GLD SLV USO UNG XLK XLF XLE XLV FXI MCHI
DeFi Development Expands CHAD Preferred ATM to $300M for Solana Treasury
Crypto Sarah Chen

DeFi Development Expands CHAD Preferred ATM to $300M for Solana Treasury

DeFi Development Corp. has launched an at-the-market program for 30 million CHAD preferred shares, potentially raising $300M to fund Solana (SOL) acquisitions and strategic initiatives.

DFDV
KULR Sheds Bitcoin Hoard in $58.6M Pivot to Core Battery Focus
Crypto Sarah Chen

KULR Sheds Bitcoin Hoard in $58.6M Pivot to Core Battery Focus

KULR Technology Group sold its remaining 764 Bitcoin for $58.6 million, exiting the crypto treasury strategy. The proceeds boost liquidity but the battery business must now prove it can generate profitable growth.

KULR