Category: Analysis

Bitcoin Cash Price Prediction: BCH Enters Launchpad Zone after Fed Rate Cut – $1,000 Breakout Coming Next

Bitcoin Cash (BCH) has turned bullish after the Federal Reserve’s latest rate decision, gaining almost 6% in the past 24 hours to trade at $637.71. Trading volume has also exploded by 169%, showing renewed interest in BCH amid a broader macro shift. The move comes as the Fed opted for a 25 basis point cut, lowering rates from 4.50% to 4.25%. The FOMC highlighted slowing job gains and rising unemployment as risks, but still kept projections for 50 basis points of further cuts later in 2025, though timing remains uncertain.…

Bitwise Predicts Surge in Crypto Credit & Borrowing

Key Notes Bitwise CEO predicts crypto credit markets will expand dramatically within a year. On-chain lending protocols are already seeing double-digit growth. Tokenized credit products and real-world asset loans are also emerging sectors. Bitwise Asset Management chief executive Hunter Horsley believes the crypto industry’s next explosive sector will be borrowing and credit. In a recent post on X, Horsley said that within six to twelve months, this sector will be “the big story,” adding that the trend will grow over the next several years. He highlighted two forces driving this…

Bithumb Temporarily Halts Filecoin Transactions

Key Notes Bithumb has announced that it is suspending FIL deposit and withdrawal temporarily. The firm is making this move to support the Filecoin network upgrades. Other exchanges like Binance and Upbit have also delisted and listed FIL, respectively, in the past. Bithumb has issued an announcement stating that Filecoin FIL $2.54 24h volatility: 1.5% Market cap: $1.75 B Vol. 24h: $198.33 M deposits and withdrawals will be suspended from its platform. Though it stated that the suspension is temporary, the crypto exchange claimed that this action was due to…

Binance Stablecoin Reserves Hit Record High

Key Notes ERC20-based USDT reserves surge to roughly $32.6 billion, offsetting a TRC20 decline. Single-day inflows on Binance recently exceeded $2.1 billion in USDT and USDC. Analysts see rising institutional deposits and a possible bullish Q4 for crypto markets. Binance’s total stablecoin holdings have climbed to a record $45 billion as traders prepare for potential Q4 volatility. Market analysts suggest this fresh liquidity may strengthen the exchange’s ability to support large trades, creating a more attractive environment for traders. Data from CryptoQuant shows a clear shift toward Ethereum-based ETH $4…

SEC Approves Grayscale GDLC for NYSE Arca Debut

Key Notes Bitcoin makes up over 72% of GDLC’s holdings, followed by Ethereum at 17%, with XRP, Solana, and Cardano at smaller allocations. Grayscale recently reduced BTC weightage in GDLC to increase exposure to other top digital assets. The approval of GDLC could streamline the launch of additional multi-asset crypto ETFs. Crypto asset manager Grayscale secured a major victory as the US Securities and Exchange Commission (SEC) approved the crypto large-cap fund (GDLC). This fund will hold the top five digital assets by market cap, such as Bitcoin BTC $117…

Avalanche Now Hosts First South Korean Won-Based Stablecoin

Key Notes Avalanche has now become host to the first Korean won–backed stablecoin dubbed KRW1. The stablecoin is fully collateralized with Korean won deposits held at Woori Bank. In the meantime, the stablecoin is not included in circulation, but in the PoC phase. Popular South Korean digital asset custodian BDACS has officially rolled out the first won-backed stablecoin on Avalanche. According to the blockchain, this digital asset, dubbed KRW1, is fully collateralized with Korean won deposits held at Woori Bank. It is worth noting that the stablecoin is yet to…

Binance & Templeton CEOs Set for 2026 EU Crypto Summit

Key Notes CEOs and leaders from Kraken, Algorand, DRW, DBS, Pantera Capital, Perkins Cole, Brevan Howard Digital, and Binance are confirmed speakers at the event. An adviser from the European Commission will also attend, providing ample opportunity for leading crypto firms to get closer to the EU regulator. The event is exclusive and limited to a curated list of 250 top investors, set just ahead of the World Economic Forum in Davos. An exclusive conference is set to bring some of the biggest names in crypto and traditional finance together…

Hyperliquid Token Soars to $59 ATH as DeFi Demand Explodes

Key Notes HYPE token surged to a new peak, recording a 50% surge in 24-hour trading volume. Technicals show strong bullish momentum with caution for short-term pullbacks. Analysts see potential for a 5x–10x surge, if momentum continues. Decentralized crypto derivatives exchange Hyperliquid’s native token, HYPE, surged to a fresh all-time high of $59.29 in early trading on Sept. 18. At the time of writing, the 11th largest cryptocurrency has settled around $58.68, gaining $1.25 billion in market cap in the past day. HYPE ranks among this week’s top crypto coins,…

NGP Token Crashes 88% After $2M Oracle Hack

Key Notes The attacker stole ~$2 million worth of ETH from the New Gold Protocol on Sept.18. The exploit involved a flash loan that successfully manipulated the price oracle enabling the attacker to bypass security checks in the smart contract. The NGP token is down 88% as the attacker obfuscates their funds through Tornado Cash. New Gold Protocol, a DeFi staking project, lost around 443.8 Ethereum ETH $4 597 24h volatility: 2.0% Market cap: $554.66 B Vol. 24h: $42.65 B , valued at $2 million, in an exploit on Sept…

CZ Warns of North Korean Hacker Job Scams

Key Notes CZ warned that North Korean hackers pose as job seekers, employers, users, and even bribe insiders. He stressed training employees and screening candidates as critical defenses. A recent hack at an Indian outsourcing firm cost Coinbase over $400 million. Binance co-founder and former CEO Changpeng “CZ” Zhao has issued a sharp warning to the crypto industry about the growing threat of North Korean hackers. In a detailed post on X, CZ outlined how attackers are finding creative ways to infiltrate exchanges, companies, and even outsourced service providers. These…