Month: September 2025

XRP Burn Rate Suffers Drastic Crash To Near Zero, What’s Going On?

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XRP’s burn mechanism, which is a long-term supply control feature of the network, is now facing serious questions after daily burns are now at almost zero. Particularly, on-chain metrics from CryptoQuant show that the once-active burn activity that removed thousands of coins per day from circulation has virtually disappeared in recent weeks. This collapse in burns is notable, as it shows how much XRP burns are contributing to the cryptocurrency’s overall token dynamics. Burn Activity Falls Off A Cliff XRP burns have dropped significantly in the past few months, and…

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Senator Behind Market Structure Says Bill Could Address Crypto ATM Scams

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With members of the US Senate Banking Committee expected to vote on legislation to address digital asset market structure by the end of the month, one of the bill’s proponents has suggested that the chamber’s version could address fraud through cryptocurrency ATMs.  In a Monday X post, Wyoming Senator Cynthia Lummis said one of the issues she and New York Senator Kirsten Gillibrand “hope to address in market structure” was instances of fraud involving Bitcoin (BTC) ATMs. She cited a report in which the Cheyenne police department “identified 50 instances…

Wedge Breakout Or False Alarm? Ethereum Faces Its Biggest Support Test Yet

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This Caused Bitcoin & Crypto To Dump…

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Powell Flags Unemployment Risks as Futures Markets Expect More Rate Cuts

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Federal Reserve Chair Jerome Powell on Tuesday reiterated the central bank’s delicate balancing act, stressing that policymakers are trying to navigate between their price stability and employment mandates following last week’s interest rate cut. “Recent data show that the pace of economic growth has moderated,” Powell said in prepared remarks at the Greater Providence Chamber of Commerce’s economic outlook luncheon in Rhode Island, adding: The unemployment rate is low but has edged up. Job gains have slowed, and the downside risks to employment have risen. At the same time, inflation…

Ethena Price Jumps 5% as Kraken Teases USDe Stablecoin Listing

Key Notes Kraken exchange announced upcoming USDe stablecoin listing for US regulated markets to 1.7 million followers. USDe captured 4.5% of global stablecoin market with $14.4 billion market cap at press time. Technical analysis shows ENA consolidating near $0.58 support with potential resistance at $0.68 level. Ethena ENA $0.60 24h volatility: 2.6% Market cap: $4.17 B Vol. 24h: $403.46 M is a synthetic dollar protocol built on the Ethereum blockchain. Its native token ENA drew attention on Tuesday, Sept. 23, after staging a 5% intraday rally despite prevailing bearish sentiment…

Why Aren’t Institutions Adopting XRP ‘Massively’? Pundit Answers

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In a new video titled “Why Aren’t Institutions Adopting XRP Massively?,” Jake Claver, founder and CEO of Digital Ascension Group, argues that the absence of headline-grabbing institutional flows into XRP has less to do with the asset’s technical fitness and more to do with regulatory, operational and coordination realities that govern how large financial entities deploy new market infrastructure. Claver frames the paradox succinctly: XRP’s performance characteristics are, in his view, tailor-made for modern payments, yet banks remain publicly cautious. “XRP could solve banks biggest problems… it’s faster, it’s cheaper,…

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Coinbase Extends $100M Bitcoin Credit Line as Cleanspark Targets HPC Expansion

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Cleanspark expanded its capital strategy, adding $100 million in bitcoin-backed credit capacity from Coinbase Prime to fund energy, mining, and high-performance computing growth, the two companies said on Monday. Cleanspark Gravitates Toward Energy and HPC Scaling The Las Vegas-based miner, Cleanspark (Nasdaq: CLSK), said the non-dilutive financing will be deployed across strategic capital expenditures, including […] Original