News
Stay up to date on the latest crypto trends with our expert, in-depth coverage.
Quick Take Summary is AI generated, newsroom reviewed. ADA trades around $0.83, entering the Wyckoff markup stage after months of accumulation. Cardano DeFi locks nearly $375M, with daily DEX volume of $6.8M and 25K active addresses. Whales moved 50M ADA ($41.5M), but price still gained 9% this month. Governance turmoil emerges with a $600M ADA controversy and calls for a vote of no confidence.References Cardano Enters Wyckoff Markup Stage at $0.83; TVL $375M, Whales Active Cardano Tweet (on X)
Quick Take Summary is AI generated, newsroom reviewed. Forward Industries secures $1.65B for a Solana treasury plan. Galaxy Digital and Jump Crypto to handle infrastructure. Multicoin Capital adds Solana investment expertise. Strategy aims to grow Solana’s ecosystem and stability.References Forward Industries (NASDAQ: FORD) has secured $1.65 billion in cash and stablecoin commitments via a PIPE round led by Galaxy Digital, Jump Crypto, and Multicoin Capital to launch a Solana-focused digital asset treasury
Quick Take Summary is AI generated, newsroom reviewed. Ethereum spot ETFs recorded $447 million in outflows, the second-largest in history. Bitcoin ETFs also saw significant withdrawals, with a combined $160 million in outflows. The synchronized outflows suggest widespread investor caution in the crypto market. Despite the withdrawals, cumulative crypto ETF inflows for the year remain positive.References On September 5, Ethereum spot ETFs saw total net outflows of $447 million
Quick Take Summary is AI generated, newsroom reviewed. Ethereum ETFs record $787.7M outflows, reversing August’s huge inflows Bitcoin ETFs attract $246M, reinforcing reputation as safer digital asset Institutions reposition amid recession fears, weak labor data, Fed uncertainty Ethereum fundamentals strong with $223B DeFi activity and reduced gas fees Global regulation shapes ETF flows, with US attracting more institutional capitalReferences US spot ETH ETFs saw its largest weekly outflows last week with $
- 18:39Ledger CTO warns of potential large-scale hacker attacks in the JavaScript ecosystem, advises postponing on-chain transactionsJinse Finance reported that the CTO of Ledger has issued a warning, stating that the JavaScript ecosystem may be facing a "large-scale" crypto hacking attack, and advised users to temporarily avoid on-chain transactions.
- 18:06Data: If ETH falls below $4,106, the cumulative long liquidation intensity on major CEXs will reach $2.223 billions.According to ChainCatcher, citing data from Coinglass, if ETH falls below $4,106, the cumulative long liquidation volume on major CEXs will reach $2.223 billions. Conversely, if ETH breaks above $4,533, the cumulative short liquidation volume on major CEXs will reach $1.335 billions.
- 17:55Tom Lee: The $20 million investment in OCTO is part of Bitmine's "Moonshot Plan" strategyJinse Finance reported that Tom Lee, Chairman of the Board of BitMine, stated on social media that Bitmine (BMNR) purchased 13.7 million shares of OCTO at a price of $1.46 per share, totaling $20 million. This is part of BitMine's "Moonshot Plan" strategy. This directly benefits BitMine shareholders, as this investment is currently valued at $1.1 billion for BMNR shareholders.