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Share link:In this post: Paxos has submitted a proposal to support Hyperliquid’s launch of the USDH stablecoin on its platform. The company plans to use 95% of the interest generated by its reserves backing USDH to repurchase HYPE and redistribute it back to ecosystem initiatives. Paxos Labs has also acquired Molecular Labs in a bid to accelerate stablecoin adoption in the Hyperliquid ecosystem.
Share link:In this post: Crypto sentiment has moved into the fear region as investors are now holding off from taking more risks. Santiment has highlighted the focus on larger-cap tokens, noting that traders are presently not open to risks. Analysts and traders question the near-term direction of some of these major assets.
El Salvador’s Bukele and Saylor show confidence in Bitcoin, yet September 8’s bearish track record raises doubts about BTC’s immediate trajectory.
XRP is currently fluctuating within a narrow range around $2.80, but with the Federal Reserve almost certain to cut interest rates this month, volatility is about to return.
The crypto market is in a stagnant state, but bitcoin's stability and the altcoin season index indicate opportunities. Here are the top three altcoins worth buying right now.
Speculation grows as Tether’s CEO denies Bitcoin-to-gold rumors while hinting at a reserve strategy blending BTC, gold, and XAUT for stability.
Heavy Solana accumulation worth $770 million is keeping its price above $200, with bullish momentum eyeing resistance at $206 and beyond
- 05:28KindlyMD subsidiary commits to invest $30 million in Metaplanet's Bitcoin equity financingChainCatcher reported that Nakamoto, a subsidiary of the Nasdaq-listed healthcare services company KindlyMD, has committed to invest up to $30,000,000 in Metaplanet's global stock offering. This marks its largest investment to date and its first investment in an Asia-listed company adopting a bitcoin treasury strategy. Metaplanet announced on Tuesday that it plans to issue 385 million new shares to raise approximately $1.4 billion to support its bitcoin accumulation strategy. On August 27, Nasdaq-listed KindlyMD announced plans to issue $5 billion in shares to expand its bitcoin treasury business.
- 05:09Data: The number of ETH queued to exit the Ethereum PoS network surges again, now exceeding 1.57 millionChainCatcher news, recently, according to validatorqueue, a validator queue tracking website, the amount of ETH queued to exit the Ethereum PoS network has surged again, currently reported at 1,571,241 ETH. Based on the market price of $4,312, this is valued at approximately $6.775 billions. The estimated exit waiting time is about 27 days and 7 hours. In addition, about 815,514 ETH are queued to join the network, valued at approximately $3.516 billions. The estimated activation delay is about 14 days and 4 hours.
- 04:58Data: glassnode: Bitcoin is approaching a tipping point, with $114,000 as the bull-bear dividing lineChainCatcher News, glassnode published a market opinion stating that all current short-term annualized Realized Volatility indicators for bitcoin have dropped to around 30% or below, marking a low volatility range since the bottom at $107,000. Such calm rarely lasts, and a surge in volatility often follows. The market is approaching a breakout point, and momentum is about to shift. Market momentum can be assessed from multiple perspectives—one of which is the capital inflow from realized profits (30-day moving average). Currently, this figure stands at $1.17 billion per day, down about 47% from the June peak of $2.2 billion, but still above the bear market baseline ($800 million). Momentum is weakening, and the balance is becoming fragile. The net inflow of US spot ETF (90-day moving average) also shows a similar trend. This indicates a significant decline in TradFi buy-side momentum, suggesting that institutional demand is weakening. However, the drop to $107,000 triggered panic selling by top buyers, laying the typical foundation for a market rebound. In the short term, bitcoin may rebound to $114,000, but as long as the price remains below this level, the overall trend tends to remain bearish. .