Category: Reviews

Kraken Analysts See Fed Rate Cuts Boosting Crypto

Key Notes The US jobs data saw its most extensive negative revision in 26 years, a downturn more significant than the 2008 financial crisis. Analysts from Kraken and CF Benchmarks forecast three Federal Reserve rate cuts before the end of the year. This potential monetary easing is a positive catalyst for the crypto market’s performance. Strategists from Kraken and CF Benchmarks suggest that a recent, historic US labor market downturn may give the Federal Reserve enough reason to lower interest rates. Moving toward monetary easing could create a positive environment…

What’s Behind 15% ONDO Price Rally This Week?

Key Notes The ONDO price rally on September 12 comes with a sharp rise in trading and derivatives activity. The rally coincides with a boom in tokenized real-world assets (RWAs), with Ondo’s TVL rising to $1.56B. Analysts eye a breakout past $1.08 that could open the door for a move toward $2.10. ONDO ONDO $1.09 24h volatility: 7.7% Market cap: $3.45 B Vol. 24h: $481.45 M , the native cryptocurrency of Ondo Finance, has gained another 6% on Sept. 12, extending its weekly rally to more than 15%. The bullish…

Trump-Linked DeFi WLFI Votes on Buyback

Key Notes A governance vote is underway for a WLFI token buyback and burn program. The plan would use 100% of protocol-owned liquidity fees to buy and burn tokens. The proposal has over 99% community support before the Sept.18 deadline. World Liberty Financial, a decentralized finance (DeFi) project with public ties to the Trump family, is holding a governance vote on a new tokenomics proposal. The plan involves establishing a buyback-and-burn program for its native token to reduce its circulating supply. The proposal suggests using 100% of the fees generated…

THORChain Co‑Founder Loses $1.3M in Deepfake Scam

Key Notes JP’s old Metamask wallet and iCloud Keychain were recently compromised by North Korean hackers. He revealed that primary Vultisig wallets remained secure. The scam caused the executive a loss of $1.3 million. THORChain co-founder JP was scammed out of around $1.3 million in cryptocurrency by North Korean hackers using a conference call scam on Telegram. This new crypto attack comes amid the growing threat posed by AI-assisted fraud in the crypto industry. JP(@jpthor), the co-founder of THORChain and Vultisig, was scammed out of ~$1.3M by North Korean hackers…

XRP Whales Dump 40M Tokens, Price Holds $3

Key Notes Market whales dumped 40 million XRP worth $120 million in one day. XRP price climbs to $3.04, the highest since late August. SEC delayed decision on XRP ETF, adding new regulatory uncertainty to the market. Large investors sold about 40 million XRP XRP $3.04 24h volatility: 1.4% Market cap: $181.37 B Vol. 24h: $5.35 B in the past 24 hours, putting pressure on the market. Despite this significant outflow, the price of XRP stayed above the key $3 support level and even managed a mild rally, surprising many…

More ETH Leaves than Enters: Can Ethereum Hold $4,500?

Key Notes A record number of validators are exiting, stretching the Ether staking exit queue to record high. ETH reclaimed $4,500, but failure to hold could lead to $4,000 retest, analyst says. Over $7.5 billion worth of ETH has been accumulated near $4,300. Ethereum’s staking system is seeing a surge in validator exits, with the queue now stretched to nearly 45 days, an all-time high. While this doesn’t directly trigger a sell-off, it increases the risks tied to liquid staking tokens (LSTs) and lending-related tokens (LRTs). During such a rise…

Coinbase Drags US SEC to Court Over Missing Gensler’s Texts

Key Notes Coinbase Exchange has dragged the SEC for erasing a year of Gary Gensler’s communication through text messages. It has asked the federal court to address this gross violation of public trust. The Inspector General claimed that the message could still have been preserved if the agency had wanted to. American cryptocurrency exchange Coinbase has called out the United States Securities and Exchange Commission (SEC) over some suspicious move involving Gary Gensler, the former chairman of the agency. The exchange has asked the federal court to address the agency’s…

CleanCore Acquires Over 500M DOGE, Halfway to $1B Goal

Key Notes CleanCore has accumulated over 500M DOGE, which is halfway to its 1B coin treasury goal. Analyst Javon Marks sees $1+ as DOGE repeats historical breakout cycles. Elon Musk’s lawyer Alex Spiro joins as chairman, linking the plan closer to Musk’s ecosystem. CleanCore Solutions revealed that its Official Dogecoin Treasury has surpassed 500 million DOGE DOGE $0.26 24h volatility: 4.2% Market cap: $39.22 B Vol. 24h: $4.01 B , marking the halfway point toward its ambitious target of acquiring 1 billion coins within 30 days. The move shows growing…

SOL, XRP & HBAR ETFs Listed on DTCC — Approval Hopes Rise

Key Notes Bloomberg data shows approval odds at 95% for Solana and XRP ETFs and 90% for the HBAR ETF. Market sentiment is strengthening ahead of the REX-Osprey Spot XRP ETF launch on September 12. Solana and XRP prices are posting strong weekly gains amid growing ETF anticipation. Crypto ETFs are now making progress in the US Securities and Exchange Commission (SEC) to receive a green light. On Sept. 11, HBAR, Solana and XRP ETF filed by two big asset managers, Fidelity Investments and Canary Capital, made way to the…

$355M Rekt as Bitcoin Hits $115K: Fed Rate Cuts to Extend Rally?

Key Notes Over $354M liquidated as Bitcoin crossed $115K, hitting a daily high of $116,317. Fed expected to cut rates by 25bps on Sept. 17, with up to three cuts possible this year. CryptoQuant indicators show 8 out of 10 bearish, warning of cooling momentum. Bitcoin’s BTC $115 168 24h volatility: 0.9% Market cap: $2.29 T Vol. 24h: $51.52 B latest price surge turned expensive for leveraged traders with more than $354 million in liquidations swept across the crypto market, wiping out $121 million from longs and $233 million from…