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Garrett sees himself, Parsons among 'very best in this generation'
Esports

Garrett sees himself, Parsons among ‘very best in this generation’

by admin September 20, 2025


  • Daniel OyefusiSep 19, 2025, 04:17 PM ET

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      Daniel Oyefusi covers the Cleveland Browns for ESPN. Prior to ESPN, he covered the Miami Dolphins for the Miami Herald, as well as the Baltimore Ravens for The Baltimore Sun.

BEREA, Ohio — Browns defensive end Myles Garrett and Green Bay Packers star Micah Parsons are two of the highest-paid players at their position, and Garrett made it clear how he thinks they measure up in the pantheon of edge rushers.

“I think we’re two of the very best,” Garrett said. “I think we’re two of the very best in this generation, so just got to continue to lead the way. There are definitely some other names in that conversation, but I think saying that he’s in it and that I’m in it is not out of the norm.”

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Garrett’s comments come two days before Cleveland’s Week 3 matchup against Green Bay and the second meeting of the pass rushers who reset the market for their position in the past seven months.

In March, Garrett signed a four-year, $160 million extension with the Browns that, at the time, made him the highest-paid non-quarterback in NFL history. It also ended a stalemate between him and the organization after he requested a trade the previous month.

Last month, Parsons was traded to the Packers amid a contract dispute with the Dallas Cowboys and signed a four-year, $188 million contract with Green Bay that not only surpassed Garrett but eclipsed Pittsburgh Steelers pass rusher T.J. Watt and Cincinnati Bengals receiver Ja’Marr Chase as the highest for a non-quarterback.

Garrett, who trained with Parsons in Dallas during the offseason, said the two kept in contact, and he offered advice during Parsons’ contract dispute and trade request with the Cowboys.

“Holy s—, he did it,” Garrett said of his reaction when Parsons was traded and received a record-setting extension. “Now, I remember him talking about … [we] were sitting in the sauna during the offseason. He’s like, ‘If I get a deal, I’m going to beat the blank out of your deal.’ And he went out there and got it.”

Micah Parsons chases down and sacks Lions QB Jared Goff in his first game with Green Bay after being traded from the Dallas Cowboys to the Packers. Tork Mason-USA TODAY Network via Imagn Images

Parsons, a four-time Pro Bowler, has recorded 54 career sacks since entering the NFL in 2021. He and Hall of Famer Reggie White are the only players in NFL history to record at least 12 sacks in each of their first four seasons, and Parsons appreciates the growing bond he has with Garrett.

“Competing and understanding what he’s done for the game of football and how he’s came in and dominated, but then also offering fellowship and mentorship, I think that’s what separates the good and the great. Like just being a big brother, a big friend outside of football,” Parsons said of Garrett earlier this week. “And you see his work ethic, and you see his process and you say, ‘OK, this is why this guy is this good and this great.'”

Garrett, the 2023 Defensive Player of the Year, is the first player to record 100 career sacks before his 29th birthday since sacks became an official stat in 1982.

Through two games, Garrett is tied for the league lead with 3.5 sacks. Parsons has 1.5 sacks and is tied for third with nine pressures.

Browns offensive coordinator Tommy Rees said the offensive line would have to be “hyper aware” of Parsons, and coach Kevin Stefanski called him “elite.”

“If you’re up and coming, you want to learn how to rush, as a high schooler, college player, he’s one of the guys you have to watch,” Garrett said.

Parsons, who has been on a snap count (30 in Week 1, 47 in Week 2) since the trade as he dealt with a back issue, no longer appears on the team’s injury report, but he is unsure if he’ll still be limited by the team.

“Who knows? We’ve got two more games and the bye, so we’ll see how they feel,” Parsons said. “They’ll probably let me know tomorrow what’s going on, but hopefully, it just keeps wearing down to a full game.”

When asked if there was any reason for him to be a snap count, Parsons replied, “I mean, training camp’s four weeks for a reason. It takes a while, but the training staff, we’ve been working out before and after every day, so we’re slowly getting there.”

ESPN’s Rob Demovsky contributed to this report.



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September 20, 2025 0 comments
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Grok Predicts XRP Price After Spot ETF Sees Crazy Demand: PEPENODE to 10x Soon?
GameFi Guides

Grok Predicts XRP Price After Spot ETF Sees Crazy Demand: PEPENODE to 10x Soon?

by admin September 19, 2025


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

For months, crypto institutions and enthusiasts were on their toes waiting for an XRP ETF, believing it would mark one of the biggest steps forward not just for Ripple’s native crypto but for the entire market.

And boy, were they right! The REX-Osprey XRP ETF launched on the Cboe BZX Exchange under the ticker $XRPR, breaking several records on day one of trading.

By the end of the day, $XRPR had clocked $37.75M in volume, the highest ever for an ETF on its first day.

Read on as we unpack XRPR in detail and explore what it could mean for its underlying token $XRP. We’ll also highlight the best crypto to buy now (spoiler alert: it’s PEPENODE) to make the most of this opportunity.

Let’s Dig Into Some XRPR Technicals

It’s worth noting that $XRPR is structured under the Investment Company Act of 1940 in partnership with REX Shares and Osprey. This is why $XRPR isn’t a ‘pure’ spot ETF but instead employs a ‘hybrid’ arrangement.

This means that, instead of exclusively holding $XRP, the fund allocates at least 40% of its capital into other XRP-linked ETFs or ETPs, while part of its assets are managed via a Cayman Islands subsidiary.

Despite these technical quirks, $XRPR blew past all expectations at launch.

According to Eric Balchunas, most crypto ETFs only see around $1M in first-day volume. $XRPR topped that by 37 times, a clear indicator of strong market demand.

XRPR Sets $XRP’s Path to $4

It’s a no-brainer that the primary beneficiary of the XRP ETF movement is the $XRP token itself. It’s already up 10% this month, but the million-dollar question is: where to next?

To gain an objective view of XRP’s price prospects, we turned to Grok. With direct integration to X, Grok has access to real-time updates, price movements, and even community sentiment.

The AI highlighted that XRP recently broke out of a descending triangle formation, signaling a continuation of its September surge.

Back in July, $XRP rallied 66% in three weeks before undergoing a minor correction. This fresh breakout suggests $XRP could reclaim its previous all-time high of $3.6614 and push toward the $4 mark.

And no, Grok didn’t pull out this $4 target out of thin air; it’s based on technical analysis.

According to the technical analysis playbook, we can measure the width of the descending triangle (blue box) and project it from the breakout level to arrive at a target – which, in this case, is $4.

Beyond fueling XRP’s surge, XRPR’s strong debut could also accelerate approval of other spot XRP ETF proposals currently pending with the SEC, many of which could be greenlit within the next two months.

Beyond XRP: Where the Bigger Opportunity Lies

While XRP and XRP-backed ETFs have shown promising upside, there’s more to this rally than meets the eye. The real game-changer lies in identifying high-potential, low-cap coins that haven’t yet gone mainstream.

Today’s top pick? PEPENODE ($PEPENODE). It’s a gamified mining experience that blends fun with real earning potential.

PEPENODE makes crypto mining accessible to everyday users by letting them build virtual mining rigs and earn rewards, all without expensive hardware or sky-high energy costs.

Read on as we explore why Grok believes PEPENODE could be the next crypto to explode.

What is PEPENODE?

PEPENODE is a mine-to-earn meme coin that brings the thrill and fun of meme coin mining in the virtual world.

Mining meme coins isn’t cheap. It requires expensive hardware and substantial daily running costs, which is why not everyone can become a miner.

However, PEPENODE gives you the opportunity to build a virtual mining rig and earn rewards in the process.

It’s a gamified experience that feels realistic with dashboards that show hashrates, energy, and rewards – all without the hefty electricity bills attached to crypto mining.

How to Mine Tokens on PEPENODE

When you purchase your first $PEPENODE, you start with an empty server room. Think of it as a blank canvas that you paint over using a mix of investment and skill.

You’ll need to buy ‘nodes’ using $PEPENODE. Each node boosts your rig’s mining capacity, and the more nodes you buy and set up in your server room, the more rewards you’ll generate.

Now, here’s the interesting part: you can combine and synchronize nodes to increase mining capacity, making the experience even more fun.

Each node pairing has a different effect, giving you plenty of freedom and opportunities to experiment with various combinations.

These nodes can be purchased, upgraded, and even sold. You start with a basic mining setup and can upgrade all the way to massive mining farms – just like in a video game.

The difference is that, unlike gaming, you earn real rewards in the form of $PEPENODE, $FARTCOIN, and $PEPE.

Why Should You Buy $PEPENODE Now?

When you buy other presale tokens, you usually just hold them and wait until listing. At most, you can stake them for some additional rewards.

But with $PEPENODE, the rewards start piling up when you make your first purchase and start building your rig.

PEPENODE also rewards early adopters, as nodes purchased early have a higher mining capacity. The earlier you invest, the more powerful and rewarding your rigs can become.

And if you have extra $PEPENODE after building your rig, you can stake them to earn an additional reward of 1,018% p.a. (currently).

This rate will decrease as the presale progresses, so the earlier you join, the higher your returns.

Currently in presale, $PEPENODE has already raised over $1.3M from early investors, with each token priced at just $0.001066.

Check out PEPENODE’s official website to learn more about its unique mine-to-earn mechanism.

Disclaimer: None of the above constitutes financial advice. The crypto market is highly volatile and unpredictable, so kindly do your own research before investing.

Authored by Krishi Chowdhary, Bitcoinist — https://bitcoinist.com/grok-predicts-xrp-price-after-etf-sees-crazy-demand-pepenode-10x

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.



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September 19, 2025 0 comments
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GameFi Guides

XRP Climbs as First US Spot ETF Sees Serious Demand

by admin September 18, 2025



In brief

  • The first American spot ETF giving exposure to XRP debuted on Thursday.
  • Bloomberg analyst Eric Balchunas was surprised at the size of the Rex-Osprey XRP ETF’s initial trading volume.
  • The price of XRP has risen over the last day, and Myriad users believe it’ll keep climbing to a new high of $4.

The price of XRP rose on Thursday after investors rushed into the first U.S. exchange-traded spot fund to give exposure to the coin. 

The price of XRP coin recently stood at $3.11 after rising about 2% over a 24-hour period, according to crypto data provider CoinGecko. The asset—the third-largest cryptocurrency in the ecosystem—is about 15% below its July all-time high mark of $3.65.

Its rise comes following Thursday’s debut of the Rex-Osprey XRP ETF by financial institutions Rex Shares and Osprey Funds. The fund is the first to give investors exposure to the Ripple-linked asset, and has already received close to $25 million in trading volume after just 90 minutes of trading.

SEMI-SHOCK: Rex XRP ETF $XRPP is already at $24m in volume. That is way more than I would have thought. For context it’s 5x more than any of the XRP futures ETFs did on Day One and it’s only been 90min. pic.twitter.com/DKIDD6noZF

— Eric Balchunas (@EricBalchunas) September 18, 2025

Bloomberg Senior ETF Analyst Eric Balchunas said on X that he was in “semi-shock” at the volume, which was vastly more than XRP futures ETFs saw in initial trading.

“That is way more than I would have thought,” he added. “For context, it’s 5x more than any of the XRP futures ETFs did on day one and it’s only been 90 minutes.”



XRP was created by the founders of fintech Ripple, and is the native token of the XRP Ledger blockchain. Its network is aimed at institutions or banks that wish to move money quickly. 

The Rex-Osprey XRP ETF comes the same day the first ever Dogecoin ETF hits U.S. markets, also by Rex-Osprey: the DOJE ETF. 

DOJE has also had a blistering debut and the price of the meme coin has surged on the ETF’s trading. Balchunas also said Thursday that DOJE attracted nearly $6 million in trading volume in the first hour of trading, which he said “destroyed” his expectation of $2.5 million for the day.

Both ETFs are different to the Bitcoin and Ethereum ETFs that hit the market last year in the U.S. The altcoin ETFs offer investors exposure to Dogecoin and XRP via a subsidiary registered in the Cayman Islands that is wholly owned and controlled by the fund.

Rex-Osprey launched the funds via the Investment Company Act of 1940, rather than the Securities Act of 1933 like those aforementioned spot funds. We may see more ETFs for both altcoins and many others soon, however, following a Wednesday SEC order that created generic listing standards for commodity-based funds.

While there’s still room to climb for XRP to hit a new all-time high price, Myriad users believe that it’s more likely to rise and hit a price of $4—a new all-time high—than to fall to $2. Some 60% of users believe it’s headed to $4, with odds growing over the last two weeks.

(Disclaimer: Myriad is a product of DASTAN, Decrypt’s parent company.)

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September 18, 2025 0 comments
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Crypto Platform Bullish Wins New York BitLicense, Clearing Path for U.S. Expansion
NFT Gaming

Bullish’s Beats Q2 Earnings, Sees Higher Adjusted Ebitda for Next Quarter

by admin September 17, 2025



Bullish (BLSH), the owner of CoinDesk, earnings per share beat average analyst estimates, while expecting higher adjusted Ebitda for the next quarter.

The crypto platform reported earnings per share (EPS) of $0.93 in the second quarter, beating the average analyst estimate of $0.03, according to FactSet data. Bullish also reported adjusted revenue of $57 million for the second quarter, versus estimate of $60.7 million.

Tom Farley, CEO of Bullish, said in a filing that the crypto firm experienced “exciting liquidity services growth, executed on a successful Consensus conference,” and that it is seeing “strong business momentum” in the third quarter.

The firm’s trading volume surged to $179.6 billion, up from $133.0 billion in the same quarter last year. For the next quarter, Bullish sees trading volume of $133.0 billion to $142.0 billion.

Bullish also expects $25 million to $28 million in adjusted Ebitda for the third quarter versus $8.1 million in the second quarter, according to the statement.

The report marks the company’s first quarterly report since going public on the New York Stock Exchange (NYSE) in August. BLSH’s IPO price was set at $37 a share and currently trades at $53.54, up 44% from the IPO price.

The stock was up during normal trading hours on Wednesday after the firm secured a BitLicense from the New York State Department of Financial Services. Analysts called this a crucial regulatory approval that opens the door for the firm to expand in the U.S.

The stock is up about 4.5% in post-market trading.

Crypto prices soared in the months from April to June, with bitcoin gaining 30% that quarter, making it the best-performing major asset globally. The CoinDesk20 Index, which tracks the broader market, rose 23% in the same period.



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September 17, 2025 0 comments
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MoneyGram app (MoneyGram)
GameFi Guides

Crypto Exchange Kraken Sees Handful of Senior Execs Depart: Source

by admin September 17, 2025



Kraken, the cryptocurrency exchange preparing for a potential public listing in the U.S. early next year, has seen the departure of four senior executives from the institutional side of the business, according to a person familiar with the matter.

Those who have recently left Kraken are: David Olsson, global head of institutional sales; Shannon Kurtas, head of exchanges and a VP of product and the Pro service; Jeff Kramer, a director of OTC trading and Sanjay K, OTC trading lead for Americas, the person said, who declined to be identified.

Kraken declined to comment on the departures, none of whom immediately responded to requests for comment.

Kraken was reported to have trimmed “hundreds” of jobs ahead of a U.S. listing planned for the first quarter of 2026. Back in April of this year, a Kraken spokesperson said the firm was “making the difficult decision to eliminate certain roles and consolidate teams where redundancies exist, while continuing to hire in key areas of the business.”

Kraken’s income in Q2 2025 was 6.8% lower than in the equivalent quarter one year ago. The San Francisco, California-based exchange reported EBITDA of $79.7 million, versus $85.5 million in Q2 2024.

Read more: Kraken Sheds ‘Hundreds’ of Jobs to Streamline Business Ahead of IPO, Sources Say



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September 17, 2025 0 comments
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Shiba Inu (SHIB) to Add Zero, XRP Sees 221% Surge in Fund Inflows, Bitcoin Breaks 15-Year Record
GameFi Guides

Shiba Inu (SHIB) to Add Zero, XRP Sees 221% Surge in Fund Inflows, Bitcoin Breaks 15-Year Record

by admin September 17, 2025


XRP investment products see $32.5 million weekly inflows

October XRP ETF countdown intensifies.

  • Massive jump. XRP investment products saw $32.5M in inflows last week.

XRP investment products pulled in $32.5 million last week, more than double the $14.7 million recorded a week earlier, according to CoinShares. That 221% rise makes it one of the standout performers among digital assets, especially as fund inflows across the market picked up again after a quiet start to the month. 

Bitcoin products continue to be the most popular crypto-tied investment opportunity, with $2.4 billion in new money, and Ethereum managed to stop losing funds by adding $645 million. Solana also made $198 million. 

  • Relative strength. While XRP inflows are smaller in absolute terms, its growth rate outpaced most major crypto assets.

In the cut, XRP’s rise looks smaller in dollar terms, but it has a higher growth rate than other currencies. In September alone, XRP products attracted almost $48 million, taking the total for the year to date to $1.45 billion. The total value of assets under management that are linked to XRP is now $2.94 billion. 

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Shiba Inu faces reversal after failed breakout

Shiba Inu might actually add a zero.

  • Failed breakout. SHIB briefly surged above $0.000015 in early September, but quickly lost momentum.

Once again, Shiba Inu has found itself in a precarious position following what seemed to be a bullish breakout. The token experienced a brief surge in value in early September, testing the critical resistance zone around $0.000015. 

However, momentum soon stalled, resulting in a dramatic reversal. Because of the rejection, traders are now more worried that SHIB might drop back to its summer lows or, worse, lose another decimal place if bearish pressure picks up speed.

  • Bearish risk. Traders fear a potential drop back to summer lows.

With the help of rising trading volume, SHIB was able to break out after weeks of consolidation in a tightening wedge pattern. Nevertheless, the rally did not last long. Because of strong selling pressure and the general lack of conviction on the market, the price was unable to hold above the $0.000015 mark.

card

Bitcoin breaks 15-year record in capital inflows

BTC outpaces 15 years of history.

  • Massive spike. Bitcoin added $625B to its realized cap in the last 18 months.

Bitcoin has shattered a 15-year record as recent data analysis reveals Bitcoin added more to its realized cap in the last 18 months ($625 billion) than in its first 15 years, when $435 billion were added.

In a recent tweet, CryptoQuant CEO Ki Young Ju highlighted a comparison of Bitcoin on-chain capital inflows. Between 2009 and 2024, a 15-year time frame, Bitcoin received capital inflows of $435 billion.

Meanwhile, in the last 18 months or 1.5 years, which spanned from 2024 to 2025, Bitcoin added $625 billion in capital inflows. Bitcoin’s realized cap, which values Bitcoin only when it moves, has surpassed $1 trillion, according to the chart.

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September 17, 2025 0 comments
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Solana’s Alpenglow upgrade vote passes with 98% approval
Crypto Trends

Solana price sees bullish momentum as institutional inflows and DeFi growth accelerate

by admin September 16, 2025



Solana recently broke through the $240 resistance level, with institutional investors driving momentum.

Summary

  • Solana is seeing strong momentum, with recent multi-month highs
  • Pantera Capital and Helius are accumulating significant SOL positions
  • DeFi market activity continues to grow, especially for memecoins

Solana has seen renewed momentum, pushing through major resistance levels and drawing attention from institutional buyers. On Tuesday, September 16, SOL traded at $234.85, having corrected from the eight-month high of $249.12 it reached two days earlier.

Despite the correction, Solana’s (SOL) institutional momentum continued. On September 15, Helius Medical Technology unveiled a $500 million treasury strategy, financed through a private equity offering. Notably, the move sent its shares up 140%.

Moreover, on September 16, Dan Morehead, the founder of Pantera Capital, revealed that the investment firm allocated as much as $1.1 billion to SOL. He explained that Solana is the firm’s biggest bet, viewing it as the most promising among blockchain networks.

Solana memecoins see a major rally

At the same time, Solana is seeing a significant uptick in DeFi activity, largely due to memecoins. Solana-based Pump.fun once again broke $1 billion in daily volume, which coincided with a broader rally in the memecoin market.

For instance, Pudgy Penguins (PENGU), currently the largest Solana memecoins, were up 4.0% on September 16. The memecoin reached $0.03381 per coin and a market cap of $2.1 billion. At the same time, Bonk (BONK) was up 3.9%.

With markets expecting Federal Reserve rate cuts to be imminent, risk assets are among the biggest beneficiaries. This applies both to Solana and to memecoins. At the same time, with Bitcoin near its all-time highs, traders are increasingly cycling into altcoins to chase bigger gains.

For Solana, this creates a boon on two levels, both directly through its price and indirectly by boosting its DeFi activity and total value locked.



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September 16, 2025 0 comments
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XLM/USD (TradingView)
Crypto Trends

XLM Sees Heavy Volatility as Institutional Selling Weighs on Price

by admin September 15, 2025



Stellar’s XLM token endured sharp swings over the past 24 hours, tumbling 3% as institutional selling pressure dominated order books. The asset declined from $0.39 to $0.38 between September 14 at 15:00 and September 15 at 14:00, with trading volumes peaking at 101.32 million—nearly triple its 24-hour average. The heaviest liquidation struck during the morning hours of September 15, when XLM collapsed from $0.395 to $0.376 within two hours, establishing $0.395 as firm resistance while tentative support formed near $0.375.

Despite the broader downtrend, intraday action highlighted moments of resilience. From 13:15 to 14:14 on September 15, XLM staged a brief recovery, jumping from $0.378 to a session high of $0.383 before closing the hour at $0.380. Trading volume surged above 10 million units during this window, with 3.45 million changing hands in a single minute as bulls attempted to push past resistance. While sellers capped momentum, the consolidation zone around $0.380–$0.381 now represents a potential support base.

Market dynamics suggest distribution patterns consistent with institutional profit-taking. The persistent supply overhead has reinforced resistance at $0.395, where repeated rally attempts have failed, while the emergence of support near $0.375 reflects opportunistic buying during liquidation waves. For traders, the $0.375–$0.395 band has become the key battleground that will define near-term direction.

XLM/USD (TradingView)

Technical Indicators
  • XLM retreated 3% from $0.39 to $0.38 during the previous 24-hours from 14 September 15:00 to 15 September 14:00.
  • Trading volume peaked at 101.32 million during the 08:00 hour, nearly triple the 24-hour average of 24.47 million.
  • Strong resistance established around $0.395 level during morning selloff.
  • Key support emerged near $0.375 where buying interest materialized.
  • Price range of $0.019 representing 5% volatility between peak and trough.
  • Recovery attempts reached $0.383 by 13:00 before encountering selling pressure.
  • Consolidation pattern formed around $0.380-$0.381 zone suggesting new support level.

Disclaimer: Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards. For more information, see CoinDesk’s full AI Policy.



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September 15, 2025 0 comments
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Fbs Sees Ethereum Being Positioned As Wall Street’s Base Layer
GameFi Guides

FBS Sees Ethereum Being Positioned as Wall Street’s Base Layer

by admin September 11, 2025



FBS, a global brokerage firm licensed in multiple jurisdictions, has highlighted Ethereum’s (ETH) evaluation from merely being a speculative cryptocurrency to the foundational infrastructure for traditional finance. 

As per the official release, FBS acknowledged Ethereum’s growing role as a financial backbone for Wall Street. Further indicating Billionaire investor Peter Thiel’s backing of ETH-focused treasuries is acting as a strong signal that institutional capital is now viewing Ethereum as core Financial infrastructure.

Thiel’s Founders Fund owns 7.5% of ETHzilla, a biotech company turned Ethereum treasury, and 9.1% of BitMine Immersion Technologies, another firm that has adopted an Ethereum treasury strategy, and also he leads several investors into Ether (ETH).

FBS, also stated that Ethereum’s staking economy has played a key role in accelerating its transformation with more than $170 billion worth of ETH staked. The assets are comparable to bonds with annual yields of 3-4% making it increasingly attractive for pension funds, corporate treasuries and institutional investors seeking stable income streams.

The experts acknowledged Ethereum’s layer 2 networks namely Arbitrum, Optimism, and Coinbase’s Base, which process about 12-14 million daily, therefore surpassing Ethereum’s own mainnet. The achievements have put Ethereum in a position to be tokenized of real-world assets (RWA) where it already has projects backed by big institutions like JPMorgan, Black rock and Citigroup.

Currently, the already known tokens that will benefit from this institutional shift include, Arbitrum  (ARB), Chainlink (LINK), and Lido (LDO). Also, the analysis noted that ETH spots ETFs which were launched in 2024, have managed to attract $30 billion in assets under management. Beyond the ETF, the tokenization market already worth $24 billion is expected to expand rapidly.

With Ethereum’s expansion, scaling solutions and tokenization, it is in a great position to become Wall Street’s base layer.

Also Read: Hong Kong Arrest 2 Over Alleged Electricity Theft for Bitcoin Mining



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September 11, 2025 0 comments
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XRP out of 100,000,000 Club as XRP Ledger Sees Plunge
NFT Gaming

XRP out of 100,000,000 Club as XRP Ledger Sees Plunge

by admin September 10, 2025


  • Utility driving XRP?
  • On-chain demand declines

Since XRP Ledger has only processed 114.07 million XRP in payments volume over the past 24 hours, XRP has officially fallen out of the 100 million-payment-volume club.

Utility driving XRP?

Compared to recent weeks, when daily transaction volumes easily hovered above the 200-300 million mark and occasionally even approached the 2 billion mark, this represents a significant drop. A drop of this magnitude reveals possible weaknesses in XRP’s utility-driven storyline and may have long-term effects on the asset’s place on the cryptocurrency market.

XRP/USDT Chart by TradingView

The XRP Ledger has consistently been promoted as a blockchain with a payments focus, intended to enable quick, scalable and inexpensive cross-border transfers. XRP’s main growth engine is not DeFi, NFTs or smart contracts, as with Ethereum or Solana. Because of this, the most important indicator for evaluating the network’s health is the volume of payments.

It is unclear whether Ripples collaborations and institutional adoption initiatives are actually maintaining significant activity, if the number falls below 100 million, indicating a decline in demand for on-chain transfers.

On-chain demand declines

At the moment, XRP is trading beneath a descending trendline that has restrained growth since its strong summer rally, and it is consolidating around $2.97. On the daily chart, XRP is trapped between resistance just below $3.10 and the 50-day EMA around $2.92. XRP might move into more bullish territory if it breaks above this line, but the absence of a corresponding increase in payment volumes raises the possibility that any rally may not have fundamental support.

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Reflecting neutral momentum, the RSI is in the middle of the range at about 55. However, there is an overhang caused by the decreasing on-chain volume, which might damage new capital inflows. Price action may remain unchanged or even experience downward pressure, even though technical support zones are currently holding, if network activity does not improve.

XRP’s exit from the 100 million payments club is more of a short-term on-chain signal. Because transaction volume, the networks lifeblood, seems to be dwindling, it is important to remain cautious about every new rally originating on the market right now.



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September 10, 2025 0 comments
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  • Blue Protocol: Star Resonance is finally out in the west and off to a strong start on Steam, but was the MMORPG worth the wait?

    October 10, 2025
  • How to Unblock OpenAI’s Sora 2 If You’re Outside the US and Canada

    October 10, 2025
  • Final Fantasy 7 Remake and Rebirth finally available as physical double pack on PS5

    October 10, 2025
  • The 10 Most Valuable Cards

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Welcome to Laughinghyena.io, your ultimate destination for the latest in blockchain gaming and gaming products. We’re passionate about the future of gaming, where decentralized technology empowers players to own, trade, and thrive in virtual worlds.

Recent Posts

  • This 5-Star Dell Laptop Bundle (64GB RAM, 2TB SSD) Sees 72% Cut, From Above MacBook Pricing to Practically a Steal

    October 10, 2025
  • Blue Protocol: Star Resonance is finally out in the west and off to a strong start on Steam, but was the MMORPG worth the wait?

    October 10, 2025

Newsletter

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