Category: Analysis

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…

Ripple, Securitize Partner to Enable RLUSD Exchange for BlackRock, VanEck Tokenized Funds

Key Notes Major asset managers integrate with cryptocurrency infrastructure through Ripple’s dollar-pegged digital currency partnership. BlackRock’s BUIDL fund manages over $2 billion across seven blockchains with 91 institutional holders currently participating. Real-time settlement capabilities promise to automate liquidity for tokenized assets in institutional finance markets. BlackRock BUIDL and VanEck VBILL tokenized funds shareholders will now be allowed to exchange their shares for Ripple’s RLUSD, a US dollar-pegged stablecoin, in a new partnership between Securitize and Ripple. This new feature was announced on September 23 in a press release published on…

Fold Holdings to Launch Bitcoin Credit Card with Stripe, Visa Partnership

Key Notes The credit card offers unlimited 2% bitcoin rewards instantly, with additional 1.5% available through Fold Checking Account payments. Strategic partnerships with Stripe Issuing and Visa’s global network aim to simplify bitcoin accumulation through everyday spending habits. Company stock fell from $3.88 to $3.31 despite announcing the product, reflecting broader cryptocurrency market bearish sentiment today. Fold Holdings, Inc. (NASDAQ: FLD) has announced the upcoming launch of its Bitcoin BTC $112 163 24h volatility: 0.2% Market cap: $2.24 T Vol. 24h: $42.05 B Rewards Credit Card, with Stripe providing the…

Solana Price Analysis: ETF Inflows Cross $300M as SOL Plunges Below 20-Day MA

Key Notes REXShares’ Solana ETF attracted $27 million in fresh capital, bringing total assets under management to $306 million milestone. Helius Medical Technologies invested $175 million in SOL as part of larger $500 million treasury diversification strategy. Technical indicators show bearish momentum with SOL breaking below 20-day MA, risking further decline toward $196 support level. Solana SOL $218.5 24h volatility: 0.5% Market cap: $118.68 B Vol. 24h: $6.07 B price found support at the $218 level on Tuesday, Sept. 23, after sliding another 1.2% in the past 24 hours. The…

Traders Bet Big on Trump Pardon for Binance Founder CZ – $2,000 Next?

BNB briefly crossed $1,080 over the weekend before cooling near $1,004 as broader crypto markets pulled back. The rally was driven less by fundamentals and more by political speculation, i.e., traders are betting on the possibility that US President Donald Trump could pardon Binance founder Changpeng Zhao (CZ). Zhao’s Sentencing in 2023 Zhao stepped down as Binance CEO in 2023 and served a short prison term tied to the exchange’s $4.3 billion settlement with US regulators. He has since sought clemency, and betting markets recently valued his chances of a…

Morgan Stanley’s E*Trade to Launch Crypto Trading via Zerohash Deal

Key Notes Major Wall Street firm to enter retail crypto space through strategic partnership with digital asset infrastructure provider. Traditional brokerages intensify competition as crypto market reaches nearly $3.9 trillion valuation amid regulatory clarity. E*Trade to join Robinhood and Charles Schwab in offering direct cryptocurrency access to mainstream retail investors. Morgan Stanley is taking a significant step into the digital asset space by bringing crypto trading to its E*Trade platform. The new service is expected to go live in the first half of 2026, giving millions of retail investors direct…

Bybit Launches 24/5 Trading for Stock CFDs, Waives Fees Through October

Key Notes Bybit transforms its TradFi platform by offering round-the-clock CFD trading Monday through Friday starting September 23rd. The exchange eliminates all trading fees on stock CFDs and indices until October 11, 2025 for eligible platform users. Extended trading hours aim to democratize global market access by removing traditional timezone restrictions for investors. Dubai-based cryptocurrency exchange Bybit has extended trading hours on its TradFi platform for its stock contract for difference (CFD) products. Going forward, select CFD offerings have been made available for trading 24 hours a day, Monday-Friday. Bybit…

Bullish Europe Lists Societe Generale’s USDCV

Key Notes Bullish Europe is the first crypto exchange to offer Societe Generale – FORGE’s USDCV stablecoin. USDCV is a MiCA-compliant, USD-pegged stablecoin backed 1:1 with cash or high-quality collateral. The token targets institutional, corporate, and retail investors seeking regulated digital assets. BaFin-regulated Bullish Europe has become the first crypto exchange to offer Societe Generale – FORGE’s stablecoin dubbed the USD CoinVertible (USDCV). By taking this step, the digital asset trading and custody service provider is expanding access to regulated crypto assets. The usdcv token and target investors Bullish Europe…

Expert Says No ‘Magic Switch’ For XRP Price, Here’s What Can Drive Price Above $2,500

Crypto expert Jake Claver has explained what needs to happen for the XRP price to rally to as high as $2,500. He noted that the projected rally isn’t as easy as some make it out to be, but suggested that it is very much possible despite market cap concerns.  How The XRP Price Can Rally Above $2,500 In an interview, Claver stated that there are macroeconomic global events that need to play out to cause a supply shock that would push the XRP price to $2,500. He declared that the…

Meme Coin Backs $3M Donation for CZ’s Education Project

Key Notes Giggle Academy, the free education initiative from Changpeng Zhao, secured $3 million in BNB donations just 36 hours after opening to the public. A single meme coin was responsible for 90% of the initial funds, prompting Zhao to state it has “forever changed” his perception of them. All funds are tracked on-chain for transparency and will be used to incentivize contributors, not for salaries, which Zhao will cover personally. Giggle Academy, the new free education project founded by former Binance CEO Changpeng Zhao, has received significant community support,…