Key Notes Circle President Heath Tarbert has hinted at the company’s consideration of transaction reversibility for crypto attacks. Based on principle, blockchain transactions are permanent and completely immune to unilateral changes. Circle’s proposal challenges the core principle of immutability in cryptocurrency. Popular USDC issuer Circle is mulling the idea of transaction reversibility for stablecoin transactions, citing that it may be a game-changer for this class of asset. Circle President Heath Tarbert believes that this initiative will help the industry recover funds siphoned via fraud and other exploits. Transaction Reversibility Threatens…
Category: Analysis
MiCA-Approved Euro Stablecoin in the Works by Major Banks
Key Notes The issuance of the MiCA-backed euro stablecoin will likely happen in the second half of 2026. The stablecoin aims to provide near-instant, low-cost payments, 24/7 cross-border settlement, programmable payment features, etc. The announcement comes amid delays in the EU’s digital euro, projected for 2029. Some of the major European banking institutions announced plans to launch a euro-pegged stablecoin under the European Union’s Markets in Crypto-Assets (MiCA) framework. Banking giants like ING, Danske Bank, UniCredit, CaixaBank, have joined hands for this stablecoin initiative. MiCA-Backed Euro Stablecoin Coming Next Year…
Bitcoin Tests $111K as Crypto Liquidations Exceed $400M
Key Notes In the early hours of September 25, crypto liquidations came in at $407.81 million. Ethereum is leading the 24-hour losses, with long traders suffering the bigger brunt. Coincidentally, the Bitcoin price has plunged further to around $111,000. On Sept. 25, the broader cryptocurrency market experienced a sharp sell-off, triggering up to $400 million in liquidations. It coincides with a recent decline in the price of flagship cryptocurrency Bitcoin BTC $111 453 24h volatility: 1.4% Market cap: $2.22 T Vol. 24h: $51.32 B to around $111,000. BTC, ETH, SOL,…
HYPE Set for “Slow, Painful Death,” Says Trader James Wynn
Key Notes HYPE slides 6%, extending a 27% weekly decline. James Wynn has taken a short position on HYPE and a long position on rival ASTER. Looming token unlocks have raised price drop concerns. Hyperliquid’s native token HYPE HYPE $41.21 24h volatility: 9.5% Market cap: $11.16 B Vol. 24h: $989.30 M continues to sink, falling by another 6% on Sept. 25. The cryptocurrency has marked a 27% loss over the past week, but prominent trader James Wynn believes the pain is far from over. In a recent post on X,…
Hashdex Wins SEC Approval for BTC, ETH, XRP, SOL ETF
Key Notes The Hashdex Crypto Index ETF will comprise top crypto assets like Bitcoin, Ethereum, XRP, Solana, and Stellar in its portfolio. XRP and Solana will represent 6.9% and 4.3% of the ETF, respectively, while Bitcoin and Ethereum remain dominant at 72.5% and 14.8%. The SEC’s updated generic listing rules enable crypto ETFs to bypass lengthy reviews, reducing approval times from up to 270 days to 75 days. In a breakthrough development, the US Securities and Exchange Commission (SEC) approved the expansion of the Hashdex Nasdaq Crypto Index ETF under…
Ether Drops Below $4,000 as ‘Biggest Loser’ Gets Wiped
Key Notes ETH price dropped below $4,000 earlier on September 25. A trader loses over $45 million after a $36.4 million long position is wiped out. Exchange reserves have fallen to a nine-year low, signaling a period of heavy institutional accumulation. Ethereum ETH $4 013 24h volatility: 4.0% Market cap: $484.81 B Vol. 24h: $38.51 B slipped under the $4,000 mark earlier on Sept. 25, erasing around $22 billion in market cap within just a few hours. The sudden sharp correction triggered a wave of liquidations across the market. According…
Bitcoin Price Struggles Again – Will Bears Push Price Into Deeper Decline Soon?
Bitcoin price extended losses after it traded below $113,800. BTC is now consolidating losses and might decline again to test the $110,500 support zone. Bitcoin started a fresh decline below the $113,500 zone. The price is trading below $113,500 and the 100 hourly Simple moving average. There is a bearish trend line forming with resistance at $114,000 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might start another increase if it clears the $114,000 zone. Bitcoin Price Stuck Below Resistance Bitcoin price failed to…
Solstice Taps Chainlink, Ceffu for Solana-Based USX Stablecoin Launch
Key Notes The new USX token will utilize Chainlink’s CCIP technology for seamless transfers between different blockchain networks. Institutional traders will benefit from off-exchange settlement options through Ceffu and Copper custody partnerships. Solstice’s synthetic dollar-pegged token represents growing institutional adoption within the Solana ecosystem. DeFi protocol Solstice Finance has announced strategic partnerships with data provider Chainlink LINK $21.70 24h volatility: 0.2% Market cap: $14.70 B Vol. 24h: $840.34 M and custody firms Ceffu and Copper. The collaborations are intended to support the upcoming launch of USX, a new stablecoin built…
Avalanche (AVAX) DEX Volumes Hit $1.3B All Time-High Amid Scaramucci-led Treasury Fundraise
Key Notes DEX trading volumes reached an all-time high of $1.3 billion, surpassing the previous 2025 record by $120 million. Hivemind Capital Partners announced a $550 million fundraising plan for AVAX One project to tokenize financial assets on blockchain. Technical analysis shows bullish momentum with potential to break above $35 resistance toward $43 target despite macro headwinds. Avalanche AVAX $33.79 24h volatility: 0.0% Market cap: $14.28 B Vol. 24h: $1.31 B gained another 2.5% on Sept. 24, consolidating near the $35 level. The move comes despite negative reactions to the…
Whales Buy 62 Billion SHIB as Exchange Outflows Surge: Explosive Breakout Next?
The Shiba Inu (SHIB) price has been under pressure this week, falling almost 6% and dropping out of the top twenty digital assets, while the broader market is also slowing. However, beneath the surface, whale and smart money activity is painting a very different picture, hinting at a potential explosive breakout in the near future. Whales Accumulate 62 Billion SHIB On-chain data from Nansen reveals that whales have been aggressively accumulating SHIB amid the price dip. Large holders now control over 100.52 billion tokens, up significantly from 38.52 billion just…