Ethereum exchange reserves fall 38% as ETFs and treasuries lock up ETH

Ether reserves on centralized exchanges have fallen to the lowest level in three years as demand grows from investment funds and corporate buyers. According to data from CryptoQuant, reserves have dropped by nearly 10.7 million ETH since peaking at around 28.8 million in September 2022. Holdings now stand at about 17.4 million ETH, with roughly 2.5 million ETH leaving exchanges in the past three months alone. The shrinking supply comes as new channels for Ether exposure have gained traction. Spot ETH exchange-traded funds (ETFs), launched in July 2024, have since…

Curve Finance Debuts New Pool for Foreign Exchange Trading

Curve Finance has launched FXSwap, a new type of cryptopool specifically designed for foreign exchange and low-volatility trading pairs onchain. Curve’s New AMM Design Aims to Bring Forex Markets Onchain The implementation introduces a “refuel” mechanism where a stream of external funds maintains high liquidity density around the market exchange rate. This design ensures traders […] Source

Crypto Exchange Reveals When XRP Price Will Cross $2,000

The XRP price remains a major focus in the crypto market, with analysts and traders often debating its long-term trajectory. A fresh report from crypto exchange Changelly has provided a new perspective, offering detailed projections for XRP’s future performance. The report reveals when the cryptocurrency could finally surpass the $2,000 milestone, alongside expectations for short- and long-term price action.  XRP Price Forecasted To Surpass $2,200 By 2040 According to Changelly’s latest price analysis released on September 2, XRP is projected to surpass $2,000 in November 2040. Analysts at the exchange…

Bitcoin And Ethereum Exchange Inflows Overshadow Stablecoin Demand – Details

Bitcoin is once again at the center of market turbulence, trading just above the $110,000 level, which many analysts view as a critical zone of demand. While BTC is holding this support for now, volatility has surged as bears increase pressure and investor sentiment grows cautious. The market is closely watching whether Bitcoin can maintain its footing or if a deeper correction will unfold. Related Reading One of the biggest factors fueling this uncertainty is the recent capital rotation from Bitcoin to Ethereum, a shift that has rattled Bitcoin loyalists.…

Crypto Hacks Shatter $163,000,000 in Month of August As Digital Asset Exchange Suffers 2nd Hack in About a Year: PeckShield

New data from the cybersecurity firm PeckShield shows crypto hackers made off with more than $163 million in illicit gains last month. In a new post on X, PeckShield says that crypto hackers stole $21 million more in August than in July, after executing 16 major security breaches – with the top five totaling $161 million alone. “In August 2025, ~16 major crypto exploits were recorded, resulting in total losses of $163 million – a 15% increase from July’s $142 million. Notably, BtcTurk suffered its second major breach in just…

Crypto Exchange Volume Hits YTD High of $1.8 Trillion, Here Are Key Drivers

Key Notes For August, crypto exchanges’ spot trading volume climbed to $1.8 trillion. This coincides with an increase in Ethereum institutional interest and adoption. In recent months, Ethereum led market enthusiasm and even outperformed Bitcoin. For the first time since January this year, crypto exchange volume topped $1.8 trillion in August. Also, there was a notable rise in Decentralized Exchange (DEX) volume in August. Binance Leads Crypto Exchange Volume Rally According to The Block’s data dashboard, crypto exchanges saw their spot trading volume rise 5% in August from July’s $1.77 trillion. …

Bitcoin In Trouble? Exchange Reserve Spikes To Highest In Months

On-chain data shows the Bitcoin Exchange Reserve has witnessed a spike recently, a sign that could be bearish for the asset’s price. Bitcoin Exchange Reserve Has Hit A Multi-Month High In a new post on X, CryptoQuant community analyst Maartunn has talked about the latest trend in the Exchange Reserve of Bitcoin. The “Exchange Reserve” refers to an on-chain indicator that keeps track of the total amount of the cryptocurrency that is sitting on the wallets attached to centralized exchanges. When the value of the metric goes up, it means…

Crypto Exchange Gemini Shares IPO Details, Aims to Raise $317M

Key Notes With the US IPO, Gemini is targeting a $2.2 billion valuation and a Nasdaq listing under the ticker GEMI. If successful, Gemini would become the third publicly traded US crypto exchange after Bullish (BLSH) and Coinbase (COIN). The firm reported a net loss of $282.5 million on $68.6 million in revenue for H1 2025. Crypto exchange Gemini, founded by Winklevoss twins, has revealed more details regarding its US Initial Public Offering (IPO) plan, seeking a valuation of a massive $2.2 billion. Crypto firms like Bullish (NYSE: BLSH) have…

Gemini Targets $317 Million in IPO, Valuing Exchange at $2.2 Billion

Crypto exchange Gemini has filed plans for a U.S. initial public offering that could raise up to $317 million and value the firm at about $2.22 billion. The offering marks a significant step for the Winklevoss twins’ company as crypto businesses test renewed appetite in public markets. Gemini Moves Toward Nasdaq Listing Gemini Space Station, Inc. said it intends to list its Class A common stock on the Nasdaq Global Select Market under the ticker “GEMI.” The firm will offer 16.67 million shares priced between $17 and $19 each. Underwriters…

Crypto Exchange Gemini Files S-1 For $317M IPO

Gemini, a crypto exchange founded by Cameron and Tyler Winklevoss, announced the launch of an initial public offering (IPO) of 16.67 million shares of Class A common stock. Gemini Space Station filed a Form S-1 for IPO on Tuesday, planning to sell the shares priced between $17 and $19 per share, to raise up to $317 million. Subject to completion, the filing comes weeks after the company filed with the US Securities and Exchange Commission to list its Class A common stock on the Nasdaq Global Select Market under the…