Category: Reviews

Venezuelan Government Increases USDT Usage Due to Dollar Scarcity

Key Notes The Venezuelan government has permitted the expanded use of USDT stablecoins through approved banks since June 2025, amid severe dollar shortages. State oil company PDVSA transitions crude sales to USDT payments as traditional banking channels face US sanctions restrictions. Private local firms purchased $119 million worth of cryptocurrencies in July as an alternative to scarce traditional dollar exchanges. Venezuela’s government has quietly implemented a policy allowing increased use of Tether USDT $1.00 24h volatility: 0.0% Market cap: $168.34 B Vol. 24h: $75.41 B for private sector currency exchanges…

Top 9 Crypto Miners in Red as New Nasdaq Rules Spark Stocks Sell-off

Key Notes Nasdaq can suspend trading or delist non-compliant companies under stricter cryptocurrency acquisition oversight rules. Mining stocks led declines with Iris Energy dropping 7.39% and Marathon Digital falling 4.41% on Thursday trading. Best Wallet presale raises over $15 million as traders seek direct blockchain exposure amid regulatory uncertainty. Nasdaq announced new measures requiring some companies to seek shareholder approval before issuing new shares to finance new cryptocurrency purchases. The stricter oversight aims to curb attempts by firms to boost valuations by rebranding into crypto-focused stocks. According to The Information,…

Bitwise Launches Bitcoin, Ethereum, Solana, XRP ETPs on Swiss Exchange

Key Notes Bitwise launches Bitcoin, Ethereum, Solana and XRP ETPs on Switzerland’s SIX Exchange targeting institutional investors. The company’s assets grew 200% to $15 billion since October 2024 across 40 products in expanding European markets. Switzerland’s regulatory framework attracts crypto firms as European countries ease restrictions on digital asset investments. On September 4, Bitwise Asset Management confirmed the listing of five new ETPs on the SIX Swiss Exchange. The products include the Bitwise Core Bitcoin ETP, Ethereum Staking ETP, Solana Staking ETP, and Physical XRP ETP, each fully backed by…

Tether Issues $2B USDT as Crypto Markets Decline, Largest Mint in 9 Months

Key Notes CEO Paolo Ardoino attributes the mint to Binance’s cross-chain swap from Tron to Ethereum without corresponding burns yet recorded. The timing mirrors December’s $2 billion mint during Bitcoin’s pullback from its $100,000 milestone breakthrough. Historical patterns suggest potential Bitcoin recovery toward $118,000 ahead of the September 17 Federal Reserve meeting. Tether, the issuer of the largest stablecoin by market capitalization, USDT, just minted $2 billion worth of the token on the Ethereum network. This is the single largest mint by the company since December 2024, sending positive waves…

Kraken Acquired Prop Trading Platform Breakout For Undisclosed Amount

Key Notes Traders can access up to $200,000 in capital after passing qualification tests with gains capped at 90% of profits. Breakout was rapidly developed in 2023 by TraderMayne and CryptoCred, issuing over 20,000 funded accounts since launch. The acquisition follows Kraken’s busy expansion including Wyoming relocation and tokenized stock trading partnerships. US-based cryptocurrency exchange Kraken has successfully completed its acquisition of prop trading service Breakout for an undisclosed amount. Announced in a Sept. 4 press release and blog post, the deal brings Breakout’s prop trading services to the Kraken…

Chainlink Marks 8 Years, Plans to Bring the World Onchain

Key Notes Chainlink took to X to acknowledge the eighth anniversary of its whitepaper release. It noted that its next big project is “bringing the whole world onchain”. Chainlink already has a partnership with Mastercard that pushes this narrative. September 4, 2025, marks eight years since the Chainlink LINK $22.65 24h volatility: 4.4% Market cap: $15.38 B Vol. 24h: $758.17 M Whitepaper was first released to the public, laying the foundation for the protocol that would become the industry-standard oracle platform. Looking ahead, the protocol is aiming even higher, unveiling…

Solana Stuck Below $210 as ETF Approval Odds Hit 99%

Key Notes Solana price rally could stay intact with daily trading volumes surging to $6 billion. The recently approved Alpenglow upgrade aims to enhance consensus efficiency and reduce finality times to 150 milliseconds. Odds of spot Solana ETF approval have surged to 99% on Polymarket, which could potentially drive strong institutional inflows. Despite Solana SOL $206.1 24h volatility: 2.8% Market cap: $111.65 B Vol. 24h: $4.98 B price showing strength with 23% upside over the past month, the recent rally has been paused as the altcoin fails to break past…

Key Insights and Community Reaction

Key Notes Cardano founder Charles Hoskinson announced the release of a transparency report that vindicates ADA redemptions. According to the BDO-backed audit, 99.2% of the ADA vouchers ended up being redeemed. Also, there were no hints of a deliberate blocking of ADA redemptions. Cardano founder Charles Hoskinson feels vindicated after the release of the ADA audit report showing that the protocol was not involved in any redemption fraud. EMURGO shared a link to the transparency report that revealed Masato Alexander wrongly accused Hoskinson and the Cardano network.  What the Cardano…

SHIB Burn Rate Soars 6,000%: Analyst Sees 17x Price Surge

Key Notes SHIB trades near $0.00001220, down 3% this week but eyed for a 17x surge. The token burn rate jumped over 6,260% in just 24 hours. 4.55 million SHIB tokens were destroyed permanently in the past day. Canine-themed meme coin Shiba Inu SHIB $0.000012 24h volatility: 1.5% Market cap: $7.22 B Vol. 24h: $153.25 M is currently trading near $0.00001220, down around 3% in the past week, yet analysts are pointing to a potential 17x surge. This optimism comes as the token’s burn rate went up by over 6,260%…

Polygon Completes POL Migration as Native Staking Goes Live

Key Notes Polygon officially completed its migration from MATIC to the new POL token on September 3. The announcement was preceded by a massive “buy the rumor” rally, with the price peaking at nearly $0.29 on September 2. Native staking for the new POL token is now live, allowing holders to earn rewards and become eligible for airdrops. Polygon’s network [NC] upgrade from its MATIC token to POL is now complete, following a successful migration announced on September 3. With the transition finalized, the network has enabled native staking for…