Bitcoin and the broader crypto market are rising today, Sept. 10, after the United States reported encouraging producer inflation data. Summary The crypto market rallied after the encouraging US inflation data. This report pushed some analysts to predict a 0.50% rate cut next week. Cryptocurrencies also rose after the strong Oracle and TSMC earnings. Bitcoin…
Pi Network is consolidating at the $0.35 support, with volume clustering at the point of control. A breakout from bearish resistance could confirm the beginning of a bullish reversal. Summary Strong support holding at $0.35 with clustered volume. Bearish trendline forms an apex zone restricting upside. Breakout with volume could target $0.50 resistance. Pi Network (Pi) has been trading in…
Binance has just recorded its highest stablecoin inflow throughout 2025, seeing a record high of as much as $6.2 billion flowing into the exchange on September 8 alone. What could it mean? Summary Binance stablecoin reserves have reached a new record high at $39 billion, following a significant surge. A boost in stablecoin reserves could…
Grayscale is doubling down on altcoin-based exchange-traded funds. The asset manager just filed the first-ever Bitcoin Cash ETF with the SEC, along with two other filings. Summary Grayscale has submitted an application to convert its Bitcoin Cash Trust into an ETF, marking the first official BCH ETF filing with the SEC. The firm filed S-3…
Metaplanet has secured a major new backer as it races to grow its Bitcoin holdings, with a fresh $30 million commitment coming from KindlyMD’s Nakamoto subsidiary. Summary Metaplanet secured a $30 million investment from KindlyMD’s Nakamoto subsidiary to support its Bitcoin accumulation plan. The deal comes as Metaplanet issues up to ¥130 billion ($884 million)…
A government document reveals that India is unlikely to implement full crypto regulation, opting instead for limited oversight amid concerns over financial stability and payment system risks. Summary The document warns that implementing a full crypto regulation framework could grant them legitimacy and make the sector systemic, while a complete ban would not stop peer-to-peer…
Spanish banking group BBVA has teamed up with Ripple to provide institutional-grade custody for Bitcoin and Ethereum to its retail customers in Spain. Summary BBVA will use Ripple Custody, Ripple’s institutional-grade platform, to securely store BTC and ETH for its Spanish retail clients. The partnership expands BBVA’s existing custody network, which already includes Garanti BBVA…
Paxos has made changes to its previous proposal in the ongoing bid for Hyperliquid’s USDH stablecoin. This new offer might give it a competitive edge over the likes of Ethena, Sky, LayerZero, Agora. Summary Paxos has updated its proposal for Hyperliquid’s USDH stablecoin with key strategic enhancements, including a PayPal partnership to support USDH’s global…
Polygon revealed that it is experiencing delays in transaction finality. The chain is currently facing a 10-15 minute delay in finalizing blocks due to a technical issue that’s ongoing. Summary Polygon chain is encountering a delay in transaction finality by 10-15 minutes. The issue is said to be caused by nodes that is causing delays…
IP price surged to a record $11.75 as Heritage Distilling expanded its token holdings and launched a strategic buyback program, fueling strong investor interest. Summary IP price set a new ATH of $11.75 and is eyeing the $13.50–$14.00 range as the next target. Heritage Distilling’s $220 million PIPE financing and public IP token treasury, now…
