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Trump Family Expands Crypto Bets as Thumzup Pivots Into Dogecoin Mining

ZONE Higher by 13% as Token Holdings Pass 500M

by admin September 13, 2025

CleanCore Solutions (ZONE) surged in pre-market trading Friday after announcing it purchased more than 200 million dogecoin DOGE$0.2958, pushing its total holdings past 500 million tokens.

At DOGE’s current price of $0.26, up 6% in the past 24 hours, those 500 million tokens are worth about $130 million.

The move is part of the company’s plan to build a treasury of one billion DOGE within 30 days. The strategy was unveiled earlier this month alongside a $175 million private placement involving over 80 investors. Participants included Pantera Capital, GSR and FalconX, all well-known digital asset firms.

Earlier this week, Cleancore disclosed an initial purchase of 285 million DOGE, signaling the start of its accumulation effort. The latest buy suggests the company is ramping up quickly toward its one billion-token target.

Dogecoin, the meme-inspired cryptocurrency that began as a joke but has since developed a devoted community, traded 6% higher over the past 24 hours at $0.26. ZONE shares are higher by 13%.

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September 13, 2025 0 comments

NFT Gaming

Critical Shibarium Chainlink Update Issued by Shiba Inu Team

by admin September 13, 2025

Shiba Inu developer Kaal Dhairya has recently provided a crucial update for the Shiba Inu community.

In a tweet, Dhairya spoke of a minor snag recently encountered while stating that the Shibarium lane powered by CCIP will be active Monday.

While the context of the tweet remains quite uncertain, as no further details were provided by the SHIB developer, it might have to do with Shibaswap’s recent cross-chain expansion push.

In a recent tweet, Shiba Inu team member Lucie revealed that ShibaSwap would be expanding across major blockchains to strengthen the Shiba Inu ecosystem, thanks to the latest release of ShibaSwap, which makes the platform multi-chain.

Shibarium incident

A recent incident on Shibarium bridge saw an attacker use a flash loan to buy 4.6 million BONE. Only a small amount of ETH/SHIB was moved, with the majority of assets, including the 4.6 million BONE, remaining locked and frozen.

Solana Enters Top 5 Cryptos With $126B Market Cap, Galaxy Digital Fuels Rally

by admin September 13, 2025

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

Solana (SOL) has solidified its position among the world’s largest cryptocurrencies, surpassing Binance Coin (BNB) to secure the fifth spot by market capitalization.

As of September 12, 2025, SOL trades at $ 237.90, giving it a market capitalization of $126.4 billion. The rally marks a 6.8% gain in the past 24 hours and over 15% weekly growth, driven by surging institutional interest and strong on-chain activity.

SOL’s price trends to the upside on the daily chart. Source: SOLUSD on Tradingview

Analysts stress three key catalysts behind Solana’s momentum: Nasdaq’s approval of a Solana-focused listing, growing speculation over spot ETFs, and continuous network upgrades that strengthen its position as Ethereum’s closest competitor.

Galaxy Digital’s $536M Solana Bet

A major driver of the rally was Galaxy Digital’s reported purchase of 2.31 million SOL tokens worth nearly $536 million within 24 hours. Blockchain data confirms transfers from Binance, Coinbase, and Bybit to Galaxy-controlled wallets, fueling speculation that the firm is aggressively backing Solana’s growth.

This move follows Galaxy’s leadership in a $1.65 billion private placement for Forward Industries (NASDAQ: FORD), which is transitioning into a Solana-focused digital asset treasury. Forward’s stock soared 135% in five days, proving investor excitement.

Galaxy CEO Mike Novogratz declared the start of a “Solana Season,” citing regulatory progress, ETF optimism, and Solana’s unmatched scalability as reasons for the aggressive accumulation.

ETF Hopes and Network Growth Accelerate Adoption

ETF speculation continues to boost Solana’s appeal. Reports suggest a 90% chance of a Solana ETF approval by late 2025, with applications from VanEck and Fidelity already in review. With staking yields around 7%, analysts believe Solana is well-positioned to attract yield-focused ETF structures.

Meanwhile, Solana’s network fundamentals remain robust. August data shows 58 million monthly active users and $15.3 billion in total value locked (TVL), fueled by activity across DeFi, NFTs, and memecoins.

Recent upgrades, including the Alpenglow upgrade and the upcoming Firedancer client, promise greater scalability and reduced congestion.

With institutional capital flooding in, ETF approvals on the horizon, and technical upgrades boosting performance, Solana’s momentum shows no signs of slowing. Analysts now eye potential price targets between $300 and $400 in the coming months if bullish conditions persist.

Cover image from ChatGPT, SOLUSD

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September 13, 2025 0 comments

Sentiment signals could spark the next rally

NFT Gaming

Allied Gaming adds Bitcoin and Ethereum to treasury in bold crypto move

by admin September 13, 2025

Allied Gaming is making its move as institutional crypto adoption accelerates. The company invested in Bitcoin and Ethereum, citing a shifting regulatory environment as a key factor enabling its new digital asset strategy.

Summary

Nasdaq-listed Allied Gaming added BTC and ETH to its treasury for the first time.
Shares jumped over 100% following the crypto investment announcement. The move aligns with accelerating institutional adoption of digital assets

According to a press release dated September 12, Nasdaq-listed Allied Gaming & Entertainment has made an initial allocation of its corporate treasury into Bitcoin (BTC) and Ethereum (ETH).

The experiential entertainment firm, known for its esports and virtual event productions, framed the move as the foundational step of a broader strategy to integrate blockchain technology and real-world asset tokenization into its core business.

While the company did not disclose the exact size of its purchase, the market’s reaction was unequivocal, with AGAE shares skyrocketing as much as 105% following the announcement.

A gradual shift into digital assets

Allied Gaming’s leadership views Bitcoin and Ethereum as essential cornerstones for building a Web3-native entertainment ecosystem. According to the company, the allocation represents the “first phase” of its comprehensive digital roadmap.

The move is intended not only to diversify the company’s treasury but also to lay the foundation for broader blockchain adoption, including tokenization of real-world assets like live entertainment rights, film and animation IP, and property management revenue streams.

“We see cryptocurrency not only as a store of value, but also as a strategic building block for the future of our business,” Mr. Yangyang (James) Li, CEO of AGAE, said. “Integrating blockchain and digital assets into our ecosystem is a natural progression of our vision to connect people through gaming, entertainment, and innovative financial technologies.

Beyond treasury diversification, Allied Gaming plans to expand blockchain-based payment options across its global IP portfolio, covering esports platforms, live events, and experiential venues. The company is also preparing to integrate stablecoin and utility token frameworks to improve cross-border transactions, user engagement, and liquidity within its ecosystem.

Following the announcement, shares of AGAE on the Nasdaq experienced a dramatic surge, climbing by as much as 105% at the peak of the trading day. The stock hit a high of $2.18 before settling around $1.73, still reflecting a sharp increase that propelled the company’s market capitalization to approximately $73 million.

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September 13, 2025 0 comments

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Gemini Jumps on Nasdaq Debut, Hitting $4.4 Billion Valuation

by admin September 13, 2025

In brief

Gemini started trading on the Nasdaq at an approximately $4.4 billion valuation.
The firm’s share price opened at $37.01, rising from the $28 offering price.
Crypto lender Figure also registered a post-IPO pop on Thursday.

Gemini debuted on the Nasdaq at a roughly $4.4 billion valuation on Friday, as the crypto exchange’s shares immediately jumped above their initial offering price.

The Winklevoss twins-founded firm’s stock opened at $37.01 apiece, a 32% increase compared to its upped IPO price of $28, according to Yahoo Finance. That initially gave Gemini a $3.32 billion valuation. The company previously targeted a range of $24 to $26 per share.

Trading under the ticker symbol “GEMI,” Gemini was established in 2014, and it raised $425 million through its IPO, according to Decrypt calculations based on regulatory filings. Reuters reported that the firm’s IPO was significantly oversubscribed.

Wall Street giants Goldman Sachs and Cantor Fitzgerald, the financial services firm formerly run by U.S. Commerce Secretary Howard Lutnick, were among the deal’s lead bookrunners.

Gemini initially targeted a range of $17 to $19 per share across 16.6 million shares. It requested that 10% of the offering be reserved for a “directed share program,” so that some shares could be offered to select parties exclusively.

In a video posted to X by Gemini, co-founder and President Cameron Winklevoss said that he and his brother, co-founder and CEO Tyler Winklevoss, were “completely blown away” by Bitcoin when they discovered it in the summer of 2012. They ultimately created Gemini as a way to help make cryptocurrency more mainstream, Cameron added.

The Winklevoss twins backed President Donald Trump’s bid for reelection. And Brian Quintenz, the president’s long-stalled pick to lead the SEC, accused them of trying to derail his nomination earlier this week, posting what he said were screenshots of contentious conversations to X.

When it comes to Wall Street’s interest in crypto, Gemini was a near-twin this week.

On Thursday, Figure Technologies also saw its stock jump amid its Nasdaq debut, with shares closing 24% above the crypto lender’s IPO price at $31.11. Analysts think the showing could advance tokenization narratives amid the busiest IPO week in the U.S. since 2021.

Figure shares were changing hands 8.6% higher on Friday at $33.78.

Gemini marks the 10th major crypto firm to tap public markets in the U.S. for funding this year, and Carlos Guzman, a research analyst at crypto market maker GSR, thinks the trend crystalized after stablecoin issuer Circle’s blockbuster IPO in June.

The firm saw its stock price increase nearly 10x in the following weeks, but at the time, it was reasonable to question whether that was because of investors’ interest in stablecoins or their appetite for crypto-native firms more broadly, he told Decrypt.

“When Circle went public and did really well, people said, ‘Oh, stablecoins are just really exciting right now,’” he said. “Since then we’ve seen Bullish and Figure do well, and now Gemini. It’s clearly a broader [trend] that markets are finding really exciting.”

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September 13, 2025 0 comments

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Big Long Bets Flash Yellow Light

by admin September 13, 2025

Traders are using leverage in an attempt to lift bitcoin BTC$115,749.65 back to record highs, creating a high-risk environment that could result in a derivatives unwind to the downside if price begins to shift the other way.

Market analyst Skew warned one trader intent on opening a nine-figure long position to “maybe wait for spot to carry the buying so it doesn’t create toxic flows.”

Bears are also adding leverage, with a separate trader currently dealing with a $7.5 million unrealized loss after shorting BTC to the tune of $234 million with an entry at $111,386. That trader added $10 million worth of stablecoins to maintain their position, with the liquidation currently standing at $121,510.

But the major liquidation risk is present to the downside, with data from The Kingfisher showing a large pocket of derivatives will be liquidated between $113,300 and $114,500, which could potentially prompt a liquidation cascade back to the $110,000 level of support.

“This chart shows where traders are over-leveraged,” wrote The Kingfisher. “It’s a pain map. Price tends to get sucked into those zones to clear out positions. Use this data so you don’t end up on the wrong side of a big move.”

Bitcoin is currently trading quietly around $115,000 having entered a period of low volatility, failing to break out of its current range for more than two months.

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September 13, 2025 0 comments

NFT Gaming

Coinbase Breaks Down Its Token Listing Playbook: Details

by admin September 13, 2025

Three reviews
How much time is required?

Cryptocurrency exchange giant Coinbase has finally lifted the curtain on how specific tokens end up getting listed on the exchange.

The exchange has outlined a slew of criteria that range from legal compliance to the size of the token’s community.

Three reviews

Potential listing candidates have to go through three reviews (legal, compliance mitigation, and technical security).

First of all, Coinbase has to find out whether a certain token would be considered a security based on the existing legal framework. The exchange, for instance, suspended XRP trading after the SEC labeled the token as an unregistered security. However, it became available for trading once again after a district judge ruled that its secondary sales do not qualify as investment contracts.

How much time is required?

The duration of the listing process depends on several factors, such as the complexity of a token as well as the level of public interest.

It takes under 30 days for the Coinbase team to conduct a certain review.

Assets with bigger trading volumes, as well as bigger numbers of holders and stronger community sentiment, tend to enjoy a higher listing priority.

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September 13, 2025 0 comments

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Inside Job? MYX Airdrop Scandal Hits $170 Million

by admin September 13, 2025

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MYX Finance, a decentralized exchange, is under fire after reports disclosed that close to 10 million MYX tokens — valued at about $170 million at the time — were claimed by a cluster of addresses tied to the project.

Based on reports, on-chain investigators flagged a pattern that suggests many of the claims came from wallets created and used in a coordinated way.

100 Wallets Funded, Then Claimed

According to blockchain trackers, about 100 newly created wallets were funded on April 19 and then used to claim airdrop rewards on May 7.

The timing and similarity of the transactions drew attention because the wallets followed an almost identical sequence of steps: funding, claiming, and then moving tokens.

Reports have disclosed that the total amount moved represented about 1% of MYX’s total supply, a large share for an early distribution program.

BREAKING: The $MYX team is directly tied to wallets that claimed $170M from their airdrop

Inside job?

Here’s what we know 🧵 pic.twitter.com/Kq1ubEgUBU

— Bubblemaps (@bubblemaps) September 11, 2025

Suspicious Transfers Point To Project Links

On-chain evidence has been presented that ties at least one of the claiming wallets to a creator-linked address. Investigators say wallet 0x4a31 sent nearly $3 million worth of MYX to a deposit address, 0xeb5A, which is alleged to be linked to a creator’s wallet, 0x8eEB.

These transfers formed part of the narrative that led observers to call the episode a possible Sybil attack — where one actor controls many addresses to claim disproportionate rewards.

MYXUSDT currently trading at $18.10. Chart: TradingView

Team Denies Wrongdoing, Promises Fixes

MYX Finance has rejected claims that the core team orchestrated a coordinated grab. The project acknowledged that some people asked to change addresses before launch and said some incentive streams had differing anti-Sybil protections.

Based on reports, the team emphasized that a separate campaign called “Cambrian” included stricter checks, and it said it will tighten protections going forward.

Price Reaction And Community Backlash

Market reaction was swift. Reports indicate the token price fell as trust eroded among traders and holders. Community voices on social platforms called for clearer audits and for the team to publish a transparent ledger of airdrop recipients.

Some holders demanded that questionable tokens be frozen or returned, while others warned that strong legal or regulatory moves could follow if proof of intentional misconduct appears.

Investigators say the on-chain patterns are suggestive but not conclusive proof of an inside job. According to reports, links between wallets rely on behavioral analysis and the trace of transfers; critics argue these methods can point to correlations without proving direction or orders.

Featured image from Meta, chart from TradingView

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September 13, 2025 0 comments

APT Miner cloud mining offers investors a path to massive returns

NFT Gaming

Siton Mining unveils low-barrier cloud mining applications

by admin September 13, 2025

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.

Siton Mining launches eco-friendly XRP cloud mining app, letting users earn income with just a smartphone.

Summary

Siton Mining launches eco-friendly XRP cloud mining app, letting users earn passive income with just a smartphone.
Siton Mining’s green XRP cloud mining app delivers passive crypto rewards anytime, anywhere.
It combines blockchain and renewable energy to make XRP mining simple, affordable, and energy-efficient.

Amid the current volatility of XRP prices, Siton Mining has officially released a new generation of XRP cloud mining applications. Based on blockchain technology and powered by renewable energy, this application aims to create a low-barrier, environmentally friendly, and efficient smart mining environment for XRP users, allowing them to easily earn daily passive income.

In traditional mining models, users not only have to bear the high cost of mining equipment, but also face complex operations and maintenance issues. However, Siton Mining‘s XRP mobile cloud mining app allows users to access a powerful computing network with just a mobile phone, easily starting XRP mining without tedious processes and high costs.

Cloud computing power combined with green energy create a new mining experience. Unlike traditional energy-intensive cryptocurrency mining methods, Siton Mining leverages distributed data centers and green energy technologies to significantly reduce energy consumption, truly achieving “green mining.”

Users do not need to purchase expensive mining machines or worry about equipment maintenance. They can quickly participate through the application and enjoy continuous XRP mining income.

How to start mining XRP

1. Register an account: Users can simply start by visiting https://sitonmining.com and registering with an email address. They can unlock a new user bonus of $10–100 USD and easily begin their cloud mining journey.

2. Choose a contract plan: From short-term experimentation to long-term returns, flexible contracts cater to diverse investor needs.

3. Earn daily income: After purchasing a contract, the system automatically allocates computing power for mining. Users can withdraw their daily earnings at any time or reinvest them, easily achieving continuous asset growth.

Five advantages of XRP cloud mining

Native XRP mining support: Users can purchase contracts directly with XRP, eliminating the need for additional currency conversions. It’s simple and efficient.

Daily automatic settlement: Profits are automatically credited daily, and mining operates 24×7 without manual intervention.

Flexible and transparent contracts: From small experiments to long-term investments, a wide range of options are available, with clear and transparent contract terms.

Security mechanism: Isolated hot and cold wallets, multiple encryption methods, and a real-time risk monitoring system ensure fund security.

Global service network: Covering over 180 countries and regions, the platform provides 24×7 multilingual customer support, regardless of time zone.

US dollar settlement mechanism to avoid fluctuations

Siton Mining supports payments in a variety of mainstream cryptocurrencies, including BTC, ETH, XRP, LTC, DOGE, and USDT. The platform converts all mining revenue into US dollars, effectively protecting users from price fluctuations. Withdrawals can be freely converted to any currency, ensuring flexible capital circulation and growth.

About Siton Mining

As a globally renowned intelligent cloud mining platform, Siton Mining is dedicated to providing users with low-threshold, transparent, and secure digital asset mining services. Leveraging advanced blockchain technology and a green energy system, the platform not only improves computing efficiency but also actively promotes environmentally friendly and sustainable development in the crypto industry.

To learn more about Siton Mining, visit the official website or download the app. Contact the team: [email protected]

Disclosure: This content is provided by a third party. Neither crypto.news nor the author of this article endorses any product mentioned on this page. Users should conduct their own research before taking any action related to the company.

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September 13, 2025 0 comments

NFT Gaming

Solana Surges Again as Galaxy Digital Buys Over $700 Million in SOL

by admin September 13, 2025

In brief

Galaxy Digital has purchased more than $700 million worth of Solana since Wednesday, on-chain data shows.
The buys are likely tied to Galaxy’s backing of Forward Industries, poised to be the largest Solana treasury firm.
Solana hit its highest price since January on Friday, topping $241 and rising 19% in the last week.

Investment firm Galaxy Digital has purchased over $700 million in Solana within the past two days, as part of its investment in SOL treasury firm Forward Industries. And the price of Solana has continued to rise, all the while.

Galaxy has been transferring SOL mostly from Binance—and also from Coinbase—across multiple transactions, with data from Arkham Intelligence indicating that it has bought just over 3 million SOL since Wednesday.

The asset manager may be making these purchases on behalf of Forward Industries, in which it has led a $1.65 billion investment, with participation from Jump Crypto and Multicoin Capital.

Incorporated in 1961, Forward is a Nasdaq-listed product design company that’s using the proceeds of this week’s raise to build what will be the world’s largest publicly traded Solana treasury, with Galaxy responsible for acquiring and transferring the bulk of the SOL.

Galaxy’s collaboration with the firm comes as it takes a keener interest in Solana, which it described as “uniquely positioned to power the next generation of capital markets” in a tweet announcing its investment.

Galaxy founder and CEO Mike Novogratz also discussed the merits of Solana in an interview with CNBC’s Squawk Box on Thursday, declaring that Solana’s blockchain can process “14 billion transactions” per day.

Summarizing why Galaxy is excited about Solana, he said, “You’ve got a blockchain that’s now fast enough, tailor-made to be the blockchain for financial markets.”

He then referred to remarks made by SEC Chair Paul Atkins, who on Wednesday gave a keynote speech in which he discussed the agency’s Project Crypto push—its “sweeping initiative” to encourage “our markets to move on-chain.”

And because of the alignment of these two factors, Novogratz affirmed that he’s calling the current period “the season of SOL.”

This belief in Solana is reflected in the sheer size of Forward Industries’ $1.65 billion raise, in which Galaxy has taken a leading role. And such belief may ultimately have a snowball effect, with Solflare co-CEO and co-founder Vidor Gencel telling Decrypt that it’s a “clear signal” of institutional conviction in Solana.

“Nearly triple the size of the largest existing Solana treasury, this move marks one of the largest institutional bets on Solana to date, underscoring growing confidence among traditional companies in SOL’s long-term value—and we are already seeing the market position ahead of potential inflows,” he said.

Solana is currently up by 6% in the past 24 hours, rising above $241 for the first time since January on the back of Forward’s announcement of its completed $1.65 billion raise. SOL has risen by nearly 19% over the last week, making it the second-biggest gainer among the top 10 assets by market cap, behind Dogecoin.

According to Gencel, Galaxy’s focus on Solana is a sign that SOL is now being “seriously considered” as a treasury asset for institutions, whereas only Bitcoin and Ethereum had been major contenders.

Other industry figures agree that Galaxy’s new interest in the altcoin is a strong signal to other institutions that Solana is investable at scale.

“The network is seeing record activity, DeFi TVL growth, and major ecosystem traction,” said Satraj Bambra, co-founder and CEO of trading platform Rails. “This isn’t just a trade—it’s a vote of confidence that Solana will be a core layer of the crypto economy going forward.”

This could have a big impact on SOL’s price going forward, with Bambra suggesting that Galaxy’s purchase “kicks off a flywheel.” He added that potential Solana ETFs, which are awaiting SEC approval, “could open the floodgates for new demand.”

When combined with approaching upgrades such as Firedancer—a new validator client that will boost Solana’s throughput and improve network stability—the approval of SOL ETFs could be a major catalyst.

“Near-term, I see SOL tracking flows and ETF headlines; long-term, it’s about usage growth and cementing itself as a top-3 asset,” Bambra concluded.

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September 13, 2025 0 comments