Key Notes Hyperscale Data has committed $100M to Bitcoin as a core treasury reserve. Michigan data center expansion targets 340 MW to support AI and GPU workloads. Hyperscale recently announced an XRP accumulation strategy as well. Publicly-listed Hyperscale Data, Inc. has announced a $100 million Bitcoin BTC $114 878 24h volatility: 0.5% Market cap: $2.29 T Vol. 24h: $42.32 B treasury strategy as part of its ongoing transformation into a pure-play artificial intelligence (AI) data center and digital asset company. The initiative will be partially funded by the sale of…
Category: Reviews
From DOGE to SHIB: Why Are Meme Coins Crashing Today?
Key Notes Shibarium hack drains $2.4 million, shaking confidence in Shiba Inu and triggering sharp meme coin sell-offs. Dogecoin, Shiba Inu, and other meme coins tumble as large transfers and panic selling hit the market. Meme coins remain highly sensitive to news, with total market value falling 8% in 24 hours. Meme coins are facing another round of losses after a hack on Shiba Inu’s SHIB $0.000013 24h volatility: 4.2% Market cap: $7.70 B Vol. 24h: $308.89 M Shibarium network took more than $2.4 million from the project. The attack…
DeFi Booms as Aave Hits $73B in Deposits
Key Notes Aave’s total deposits reached an all-time high of $73.2 billion. Aave’s TVL has also jumped from $31 billion to $41.85 billion in a month, overtaking Lido. Despite the milestone, AAVE token posts a 4.5% daily drop on September 15. Popular decentralized lending platform, Aave AAVE $299.1 24h volatility: 1.9% Market cap: $4.56 B Vol. 24h: $335.70 M , has set a new record in deposits and total value locked (TVL), signaling renewed investor confidence in the DeFi sector. Founder Stan Kulechov announced that net deposits have just hit…
Galaxy Digital Accumulates $1.2B+ in Solana, Price Soars
Key Notes Galaxy Digital scoops up 1.2 million Solana in a single day, worth $306 million. Total Solana purchases reached 6.5 million coins in five days. Solana is trading close to $236, gaining 25% over the past month despite a slight daily dip. Galaxy Digital has bought another 1.2 million Solana SOL $236.3 24h volatility: 4.0% Market cap: $128.24 B Vol. 24h: $10.83 B , worth about $306 million, in the past 24 hours. The new move adds to a buying spree that has seen the investment firm secure nearly…
Ethereum Dips Amid Profit Booking: What’s Next?
Key Notes On-chain data shows ETH’s supply in profit recently peaked at 99.68%, a level that has historically preceded price corrections. Analysts highlight $4,800-$4,880 as the key resistance range for an Ethereum price breakout. On the other hand, $4,200-$4,400 remains a strong support zone, keeping the broader bullish outlook intact. Ethereum ETH $4 532 24h volatility: 2.3% Market cap: $546.98 B Vol. 24h: $33.28 B price is currently facing major selling pressure, correcting over 3%, and slipping all the way to $4,500 levels. This comes amid strong profit booking for…
LSEG Debuts Blockchain Fund Platform with Microsoft
Key Notes LSEG completes the first transaction on its new blockchain-based platform. DMI targets private funds first, with plans to expand into other asset classes. The UK’s tokenisation market is projected to triple by 2030. The London Stock Exchange Group (LSEG) has reportedly launched its blockchain-based Digital Markets Infrastructure (DMI) platform. The group confirmed on September 15 that the platform completed its first live transaction. MembersCap, a Bermuda-based investment manager, was the first to use DMI to raise capital for its tokenised MCM Fund 1. Archax, a Financial Conduct Authority–regulated…
XRP Faces Pullback as Whales Dump 160M Tokens
Key Notes XRP hit a monthly peak of $3.18 on September 13 before retracing to around $3.02. Large investors sold roughly 160 million tokens in the past two weeks. Despite the short-term uncertainty, the long-term trajectory remains promising. Ripple’s XRP is facing a pullback after a sharp rally during the weekend. Data shared by analyst Ali Martinez shows that over the past two weeks, large holders unloaded around 160 million XRP XRP $2.99 24h volatility: 3.3% Market cap: $177.88 B Vol. 24h: $5.83 B tokens, worth around $500 million. 160…
Metaplanet Down 8% as Short Interest Surges
Key Notes Morgan Stanley, MUFG, and Jefferies expanded the Metaplanet short positions, while UBS re-entered with fresh short positions. Borrowing costs for Metaplanet shares have surged to 54% annually, raising the risk of a potential short squeeze. The Japanese firm continues to raise funds for new Bitcoin acquisitions and is on track to accumulate 30,000 BTC by the end of 2025. The stock of Metaplanet, a Bitcoin BTC $115 075 24h volatility: 0.7% Market cap: $2.29 T Vol. 24h: $39.23 B proxy firm, has corrected by 8.37% on the Tokyo…
UK’s Capped Stablecoins Could Lead to Caged Innovation
Key Notes UK regulators are worried that stablecoins could prevent banking growth in the country. The BoE has made proposals to put limits on stablecoin holdings for both individuals and institutions. Industry says these limits may backfire. The Bank of England wants to limit how many stablecoin tokens a person or business can hold with its new proposal. For individuals, the cap is between £10,000 and £20,000; for businesses, £10 million, according to a Financial Times report on Sept. 15. The main reason, as the central bank says, is that…
Capital B Acquires 2,249 BTC as Bitcoin Reaches $116K
Key Notes Capital B bought 48 more BTC through fresh fundraising worth $5.6 million. The company’s total holdings have risen to 2,249 BTC, with a potential increase to 2,267. Bitcoin trades above $116K but faces resistance ahead of the Fed’s September 17 meeting. Capital B, Europe’s first Bitcoin Treasury Company listed on Euronext Growth Paris, has completed a series of capital increases to further strengthen its Bitcoin BTC $115 779 24h volatility: 0.1% Market cap: $2.31 T Vol. 24h: $33.24 B reserves. The move comes as Bitcoin briefly crossed $116,000,…