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surge

Cardano to $1 Much Closer With 13% ADA Price Surge
GameFi Guides

Cardano to $1 Much Closer With 13% ADA Price Surge

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Cardano (ADA) is on track for one of its longest daily win streaks this year, poised for its seventh consecutive day of gains since Sept. 7. The increase has brought it closer to the much-watched $1 mark, with the price reaching an intraday high of $0.954 early Saturday.

Cardano has seen buying pressure since the week’s start as markets rose in optimism of a potential Fed rate cut in September.

The U.S. consumer price index rose to 2.9% on an annual basis in August, according to data released Thursday, with the CPI marking its biggest monthly jump since January. Annual core inflation, which is more closely watched by Federal Reserve, increased to 3.1%.

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According to crypto analyst Ali, Cardano whales are back, acquiring over 20 million Cardano (ADA) in the last 24 hours, indicating buying pressure in the markets.

At the time of writing, Cardano was up 7% in the last 24 hours to $0.946 and up 15% weekly. Cardano’s price has broadly risen since the Sept. 1 low of $0.789. The rise has seen Cardano climb higher in crypto market rankings, now in the ninth spot with a current market capitalization of $33.84 billion.

Cardano news

Cardano has reached a major milestone with the first fully community-elected constitutional committee now in place. This shift strengthens Cardano’s decentralization, ensures constitutional oversight of governance actions and sets a precedent for transparent, accountable decision-making.

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This week, Yoroi Extension v.5.13.0 was released, introducing a new success screen for Midnight claims and improved localization for Japanese speakers.

On-chain activity also saw an increase in the week, with total transactions rising to 113.68 million. Developer activity stayed consistent, as seen in 320 GitHub commits made this week. According to Input Output, work is underway to prepare the pre-release of Mithril’s 2537 distribution.



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Solana-Tvl
GameFi Guides

Solana Hits $241 as TVL and Institutional Interest Surge

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Solana (SOL) climbed 5.5% on Friday, reaching a daily peak above $241. This price action, which marks a new high since late January, follows a surge in both institutional capital and decentralized finance (DeFi) activity within the ecosystem.

According to CoinMarketCap, Solana traded at $240.54 at press time, with a 24-hour trading volume of $12.09 billion. The token was up 5.75% in the last 24 hours.

The rally gained traction earlier this week after Forward Industries announced a $1.65 billion PIPE deal led by Galaxy Digital, Jump Crypto, and Multicoin Capital. This news led to a sharp move in SOL’s price above $215, with momentum accelerating further after the deal closed. 

Additionally, among them is BIT Mining which revealed the addition of 17,221 SOL to its treasury while preparing to change its NYSE ticker to SOLAI.

Technical Signals Point to Further Gains

On the technical side, analyst More Crypto Online highlighted a bullish setup for Solana on X, stating, “$SOL has formed a bullish cross on the monthly MACD. This aligns well with the bullish projection.”

According to the chart, SOL is currently trading robustly at around $241.42. The key resistance levels are now set at $374.24, $566.26, and $856.81, as indicated by Fibonacci retracement targets. These points could serve as potential selling zones if the rally is sustained.

Additionally, Solana’s DeFi ecosystem has hit a new all-time high. The total value locked (TVL) reached  $13.01 billion, as reported by DeFiLlama.

According to the data, the new figure comes after a recovery from 2023 lows and surpasses previous peaks from 2022. With a rise in TVL, usually an increase in user activity and liquidity.

Market Confidence Continues to Build

The rising DeFi activity and institutional investment have contributed to a significant increase in market confidence. Traders on Myriad, a prediction market, have become increasingly bullish. Over the past week, those betting that Solana will hit $250 before dropping to $130 rose from 66% to 89%. The spike in sentiment shows trust in SOL’s upward trajectory.


Rising DeFi activity and institutional investment play a big part in Solana’s recent boom. If buying momentum continues, SOL could test Higher resistance levels.

Also Read: Galaxy Digital Buys $536 Millions in Solana From Binance, Bybit



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BlackRock
Crypto Trends

BlackRock Weighs Tokenized ETFs Following Bitcoin Fund Surge

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

BlackRock is moving deeper into tokenized funds, and the moves are starting to look like a bid to bring traditional ETFs onto blockchains.

Reports have disclosed that the firm’s tokenized money market product, known as the BlackRock USD Institutional Digital Liquidity Fund or BUIDL, is already live on the Ethereum network and works with firms such as Securitize and BNY Mellon for transfer agent and custody roles.

BlackRock Tokenized Fund Partners And Setup

According to filings and industry reports, the BUIDL fund is backed by cash, US Treasury bills, and repurchase agreements.

Transfer agent duties are being handled by Securitize while custody services are provided by BNY Mellon. Other infrastructure providers named in reports include Fireblocks, BitGo, Coinbase and Anchorage Digital.

The fund pays yields to token holders on a daily basis using blockchain rails, and it is being positioned as a bridge between classic cash-like instruments and programmable token holdings.

JUST IN: BlackRock plans to tokenize ETFs following success with $BTC fund. pic.twitter.com/yQD0E4VjpX

— Whale Insider (@WhaleInsider) September 11, 2025

The Push Toward Tokenized ETFs

Executives have been quoted as saying tokenization could scale far beyond a single fund. Reports have put a potential addressable market figure as high as $10 trillion if a broad array of assets and ETFs are moved on-chain over time.

Industry trackers also show that the total value locked in tokenized real-world assets passed $10 billion in recent months, a sign that the market is no longer purely experimental.

BlackRock’s activity has prompted comparisons with other large asset managers, such as Franklin Templeton, which have also launched tokenized offerings.

Market Benefits And Practical Limits

Proponents say tokenized ETFs could allow fractional ownership and round-the-clock transferability, and they could speed settlement in some cases.

Reports say tokenization may also boost transparency since ownership records can be viewed directly on the chain.

Bitcoin is now trading at $114,991. Chart: TradingView

At the same time, uncertainty remains over how tokenized ETF shares will interact with existing market structures such as APs and market makers, and whether on-chain trading will be treated the same as exchange trading under US securities rules.

Regulatory And Custody Questions Remain

Regulators, custodians and auditors face hard choices about legal rights, disclosure and investor protections for tokenized securities.

On the basis of sector coverage, firms continue to sort out custody architectures and legal wrappers that provide enforceable claims on the underlying assets to token holders.

Various jurisdictions might draw different conclusions, which would impede cross-border adoption or confine rollouts to individual markets.

Bitcoin Fund Success Spurs Speculation Over Tokenized ETFs

BlackRock’s investigation into tokenized ETFs is a follow-up on the success of its Bitcoin fund, already attracting robust inflows and market interest.

The firm’s success in that department is now generating speculation that its next move will be to take pieces of its multi-trillion-dollar ETF business on-chain.

Should the transition occur, it would represent one of the biggest steps so far by a global asset manager towards investment products based on blockchain.

Featured image from Leonardo Munoz / VIEWpress, chart from TradingView

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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Crypto Market Prediction: Ripple's RLUSD's $200 Million Surge, Dogecoin's Big $0.24 Surprise, Ethereum's Calm Before $5,000 Storm
GameFi Guides

Crypto Market Prediction: Ripple’s RLUSD’s $200 Million Surge, Dogecoin’s Big $0.24 Surprise, Ethereum’s Calm Before $5,000 Storm

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The cryptocurrency market recovered quite well on Sept. 11, pushing new boundaries of the bearish market further and potentially making even more progress than anticipated. The surge in RLUSD volume could suggest more careful positioning, though. In our most recent market prediction, we broke down how bulls started coming back.

RLUSDT volume spike

Around $200 million have moved through Ripple’s stablecoin, RLUSD, in the past day, marking a huge spike in trading volume. This spike is garnering attention throughout the cryptocurrency market, for a token that normally keeps a low-key, stable profile as a USD-pegged stablecoin.

There could be a number of causes for this kind of movement. In order to protect themselves from the volatility of more risky assets like Bitcoin or Ethereum, institutional players may be moving their money into RLUSD. Stablecoins are probably being used as a safe haven by some traders due to recent volatility in altcoins and significant inflows into exchanges.

Source: Coinmarketcap

  • The volume might indicate early activity from payment corridors opening up behind the scenes, given Ripple’s continuous push for adoption in cross-border payments and settlements. The main lesson learned from the spike is that RLUSD remains steady, bolstering trust in its peg mechanism.

  • If the volume rise continues, it may signal the start of a larger uptake of Ripple’s stablecoin on payment and trading platforms. Investors should monitor whether the higher demand results in deeper liquidity across exchanges in the near future, as this would make the RLUSD a more dependable trading pair.

In general, speculation is less important than the overall positioning of the cryptocurrency market when it comes to RLUSD’s $200 million volume surge. In a way, it draws attention to the rising need for stability on an unpredictable market and suggests that Ripple’s stablecoin might become more significant in future global liquidity flows.

How good can DOGE be?

Dogecoin has performed surprisingly well, breaking through the $0.24 mark, which few had predicted given its slow performance in recent months. DOGE — which was once thought to be a meme-driven asset vulnerable to hype cycles — is now exhibiting resilience, defying general market uncertainty and proving its capacity to surprise both ardent supporters and doubters. 

The 100-day and 200-day EMAs of Dogecoin have been a solid base for buyers, and the cryptocurrency has continuously respected important support zones in the $0.21-$0.22 range in recent weeks. With bulls intervening at pivotal points, the recovery from these levels and the break above short-term moving averages suggest that momentum is improving. 

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Additionally, there has been a slight increase in trading volume, which could indicate that fresh market interest is emerging. The RSI, which is close to 59, indicates that bullish pressure is increasing without being overbought. This allows for more upside before reaching harsh circumstances.

If DOGE stays above $0.24, the next logical resistance is located between $0.27 and $0.28, where earlier rallies this summer were capped. A run toward $0.30, which would represent a major psychological milestone, might be possible if that zone is successfully broken. The fact that this rally coincides with a decline in the enthusiasm surrounding meme coins is what makes it so intriguing. 

It appears that technical strength and accumulation rather than speculative mania were the driving forces behind DOGE’s move. Dogecoin may start to establish a reputation as a reliable mid-cap cryptocurrency with steady investor support if this trend keeps up. In summary, Dogecoin has resurfaced as a contender in the current market cycle after its unexpected breakout above $0.24 has dispelled bearish expectations.

Ethereum too quiet

With price action settling in the $4,300 range and volatility at all-time lows, Ethereum is exhibiting an unusual calm. The second-largest cryptocurrency believes that this quiet time is misleading and could be a risky prelude to a storm.

With tight candles and little volume, ETH has been trading sideways on the charts for more than a week. The market seems to be losing liquidity, which suggests that traders are holding off until something clear happens. In the past, these periods of inaction frequently came before violent outbursts.

Ethereum is holding at high levels without either buyers or sellers controlling the market, which is more concerning than just the lack of movement. This implies that it might release a surge strong enough to destroy everything in its path when momentum eventually returns.

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The thesis is supported by technical indicators. There is still plenty of opportunity for growth as the RSI is neutral but balanced at 51. Ethereum, meanwhile, is still trading above its 50-day EMA, indicating that the bullish structure is still in place even in the absence of any immediate action.

Failure to hold current levels could result in a retest of $4,100 or even $3,800, while a clean breakout above $4,500 could pave the way to the eagerly anticipated $5,000 mark. Because there is less liquidity, there is a greater chance that a sudden surge in buying pressure will lead to a series of short liquidations, which would send ETH skyrocketing.

On the other hand, if bears take advantage of the situation, the same lack of liquidity may accelerate a sharp decline. Although Ethereum’s silence is unsettling, it also prepares the market for the next pivotal action.

The storm has the potential to propel ETH to new heights with $5,000 as the main target if bulls make a strong comeback. The calm should be interpreted as a warning rather than a sign of safety until that time.

The general state of the market is cautiously positive. With the comeback of Bitcoin, Ethereum and other grands, smaller assets are gaining more traction and might show us long-awaited recoveries. Unfortunately, if stablecoin volumes keep on growing, it would be a sign of a bearish shift.



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Ransomware kits built with AI are behind a 70% surge in attacks
GameFi Guides

Ransomware kits built with AI are behind a 70% surge in attacks

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Attackers are increasingly deploying AI tools to execute ransomware attacks at scale

Summary

  • Scammers are using AI to scale their ransomware operations
  • Bad actors are creating ready-made kits for ransomware attacks
  • The number of verified victims rose 70% in the first half of 2025

With the increased availability of AI tools, scammers are deploying ransomware at scale. According to a report by OutreachX, automation and AI are contributing to a significant increase in attacks as scammers deploy “ransomware-as-a-service” kits.

The use of these tools has coincided with a significant increase in ransomware cases. According to an Acronis report, the number of verifiable ransomware victims rose 70% in the first half of 2025. Part of this increase could be because scammers can deploy their attacks on a greater scale.

Moreover, these attacks increasingly exploit human error through the use of AI. Attackers use LLMs such as ChatGPT to write phishing emails, extortion notes, and other content designed to pressure victims. They subsequently sell these as kits that can be used in other attacks.

“We’re watching ransomware move from code to content. It’s not just malware, it’s narratives, campaigns, and pressure scripts, sold as plug-and-play,” said Anirudh Agarwal, CEO of OutreachX.

Ransomware attacks on the rise

Crypto continues to play a central role in ransomware attacks, remaining the preferred payout method for attackers. However, despite an increase in the number of victims, the total volume of ransom payments fell fell 35% in 2024, according to a report by Chainalysis.

Improved investigative practices, asset seizures, and on-chain sanctions helped reduce ransom gains, especially in the second half of 2024. Moreover, restrictions on many Russian-based crypto platforms significantly reduced the ability of attackers to launder their funds.



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Will the 1500% surge continue?
NFT Gaming

Will the 1500% surge continue?

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Summary

  • Present situation: Following a 1500% pump, MYX is trading close to $16.93.
  • Short-Term forecast (2025): DigitalCoinPrice anticipates up to $37.50, while CoinCodex anticipates $11 to $15.
  • Long-Term forecast (2030): Depending on market cycles and acceptance, estimates vary from $28 to $93.
  • Bullish factors include possible collaborations, expanding adoption, and a special matching pool mechanism.
  • Risks include the protracted period until 2030, potential manipulation allegations, and market volatility.
  • Investment Note: Before investing, study the fundamentals; MYX is still speculative.

MYX Finance has pumped over 1500% over the past few days, with the price still bullish and looking to surge higher. Investors are keen to see how far this rise can sustain itself and move higher in the coming weeks. Let’s find that out in detail in this MYX Finance price prediction.

Since its launch, MYX Finance has seen an all-time high of $18.52 and is still sustaining near that price, around $16.933, at the time of writing.

MYX 1d chart | Source: crypto.news

In this article, we’ll discuss MYX price prediction by giving you its short-term and long-term price forecasts and exploring whether this token can continue its bullish run.

What is MYX Finance?

MYX Finance (MYX) is a non-custodial derivatives exchange that enables the trading of perpetual contracts for almost any token with an existing AMM market on-chain. The protocol was designed to make advanced derivatives as accessible as spot swaps by reducing the capital cost of providing liquidity, eliminating network-related hurdles for traders, and streamlining the trading process.

Fundamental architecture 

The Matching Pool Mechanism is used to organize liquidity (MPM). A shared pool contains collateral provided by liquidity providers rather than individual maker books or constant-product curves. At each interval, the smart-contract engine nets financing transfers by matching long and short orders against this pool.

The pool can accommodate open interest that exceeds the funds locked while maintaining full collateralization for each matched trade by concentrating collateral and internally rebalancing exposures. When usage is strong, trading fees, which are volume-tiered, might drop below one basis point per side.

Now, let’s discuss the MYX price prediction for this year and in the coming years as well. 

MYX Finance price prediction

What can be a realistic projection for the MYX token? Let’s dive into the MYX price prediction today for 2025 and 2030.

MYX Finance coin price prediction: short-term outlook

According to CoinCodex’s MYX Finance price prediction for the near future, the token is projected to drop by -22.92% and reach $ 11.74 by October 9, 2025.

As of September. 10th, 2025, the overall sentiment of the MYX price outlook has turned bullish, with 15 technical analysis indicators showing bullish signals, 5 indicating bearish trends, and 5 indicators showing neutral forecasts.

MYX Finance price prediction 2025

For the remaining months of 2025, DigitalCoinPrice predicts that the MYX token’s price could fluctuate between $15.31 and $37.50, and may likely hold a yearly average of $35.08.

CoinCodex projects that the MYX token can trade in the price channel of $11.03 and $15.23 in 2025.

While the general sentiment in the financial markets is that 2025 will be the year of the bull, it is important to understand that this prediction also has a chance of being wrong. BTC has already breached the $100k mark, and there is a possibility that it may be at the top of this bull cycle. Hence, it is advised to do your research before investing in MYX or any other cryptocurrency with the hopes of gaining on your investment in 2025.

MYX Finance price prediction 2030

As per CoinCodex’s MYX price analysis for 2030, MYX’s price could vary between $28.74 and $56.77.

DigitalCoinPrice expects that MYX’s price could climb to $80.85 and $93.09 by the end of 2030. 

Before trusting any source that is trying to predict the MYX price prediction for 2030, you should understand that it is a cryptocurrency and, like all other tokens, the MYX  token’s price can be highly volatile. 

2030 is five years away, and many cryptocurrencies can become obsolete in that time. This is why it is hard to give a realistic price prediction for any token, including MYX. A great way for MYX to survive these five years and continue its ascent in the crypto market is to continue building its blockchain technology and partner with key players in the digital crypto space. You should research and keep yourself updated with the latest developments in the upcoming years to make an informed investment decision in the MYX token.

Is MYX Finance a good investment?

Before investing in any cryptocurrency, including MYX, please identify and understand the inherent risks that can come due to market volatility. Also, it should be noted that the sentiment in the cryptocurrency market changes quickly, and a token that was once considered the future may also be delisted from major exchanges. Hence, it is advisable to do your research on the token’s fundamentals before having any price expectations for the future of the MYX token. 

Will MYX Finance go up or down?

Cryptocurrencies in general experience rapid price swings that are directly driven by market sentiments, community engagement, events like token burns, and so on. 

While it is hard to determine how high the MYX token will go, it is important to look out for potential buying factors that may include new partnerships, increased token holders, or viral campaigns in general.  

It is also vital that you rely on financial experts and consult them for MYX Finance price prediction, but even after all that, you should remain cautious, as no one can accurately predict how high or low MYX can go. 

Should I invest in MYX Finance?

Before investing in any cryptocurrency or trusting any MYX Finance price forecast, please identify and understand the inherent risks that can come due to market volatility. Also, it should be noted that cryptocurrencies in general are a highly speculative investment, and their success not only relies on market volatility but also on the constant and sustainable growth of their community. Hence, it is advisable to do your research on the token’s fundamentals, which may very well decide the future of the MYX token. 

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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Ethereum Validator Exit Queue Set to Surge: This Is Why
Crypto Trends

Ethereum Validator Exit Queue Set to Surge: This Is Why

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The Ethereum validator exit queue may spike in the coming days, but crypto market participants have little to worry about, says Ethereum educator Anthony Sassano.

“This ETH will presumably be restaked using new validator keys, aka it’s not going to be sold,” Sassano said in an X post on Tuesday, citing Kiln Finance’s announcement following a hack of a Switzerland-based crypto wealth management platform, SwissBorg.

A large volume of Ether (ETH) being unstaked is sometimes considered a bearish indicator, as traders may fear it signals upcoming selling pressure. The ETH exit queue is sitting at 1,628,074, according to ValidatorQueue data. Approximately 35.5 million ETH is staked, roughly 29.36% of the total supply.

Kiln begins “orderly exit” of Ethereum validators

“Following our announcement yesterday regarding the Solana incident involving SwissBorg, Kiln is taking additional precautionary measures to safeguard client assets across all the networks,” Kiln Finance said in an X post on Tuesday.

SwissBorg earlier revealed that hackers had exploited a vulnerability in the API of its staking partner Kiln, draining about 193,000 Solana (SOL) tokens from its Earn program. 

“As part of this response, Kiln today began the orderly exit of all of its Ethereum validators. The exit process is a precautionary measure designed to ensure the integrity of the staked assets,” Kiln Finance explained.

The Ethereum exit queue currently has approximately 1.63 million ETH. Source: ValidatorQueue

Exit process could take up to 42 days, Kiln says

Kiln Finance explained that the exit process is expected to take between 10 and 42 days, depending on the validator. 

Ether is trading at $4,306 at the time of publication, according to CoinMarketCap.

Related: Ethereum exit queue hits record $5B ETH, raising sell pressure concerns

It comes after Ethereum has experienced times of surging entry and exit queues in recent months.

On Aug. 28, Cointelegraph reported that Ethereum saw the most significant validator exodus in crypto history, with over 1 million Ether tokens currently waiting to be withdrawn from staking through Ethereum’s proof-of-stake (PoS) network.

Meanwhile, on Sept. 3, the amount of Ether in the queue to be staked surged to its highest level since 2023 as institutional traders and crypto treasury firms aim to scoop rewards for their holdings.

Magazine: Can Robinhood or Kraken’s tokenized stocks ever be truly decentralized?



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Why Solana’s vertical accumulation suggests a price rally to $260
Crypto Trends

SOL eyes $250 after $1B liquidity surge

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Summary

  • SOL is trading around $214, consolidating between $200 and $220 after a strong recovery.
  • On-chain liquidity surpassed $1B, signaling rising institutional interest and active trading.
  • A breakout above $220 could lead to short-term gains toward the $236–$252 range, with $250 as a key target.
  • Key downside risk lies below $200, potentially dragging SOL to $190–$186 if support fails.
  • The Solana price prediction is cautiously bullish, supported by ETF speculation and the upcoming Alpenglow upgrade.

SOL is sitting at about $219 and recovering well along with other altcoins. After topping $1B in on-chain liquidity, bullish sentiment has picked up.

If the rally keeps going, $250 could be the next major barrier on the chart.

Solana price prediction market info

Solana (SOL) is consolidating between $200 and $220 right now, with solid support close to $200–$202. The $220 resistance level has stopped prices from moving higher for the time being. The recent boost in liquidity not only shows more active trading but also suggests that institutions are starting to come in, giving Solana a bit of extra strength.

SOL 1-day chart, September 2025 | Source: crypto.news

Since late August, momentum has been building gradually, thanks to a mix of strong crypto market trends and network upgrades. Excitement around the Alpenglow upgrade and a possible Solana ETF has added to the bullish projection.

Upside outlook

From a technical point of view, a clean break above the $220 resistance level could open up room for more upside. If the bulls take charge, the next important price zone to watch is between $236 and $252, which matches up with recent market action and previous resistance levels.

Crossing the $1 billion liquidity threshold adds another bullish expectation, suggesting fresh capital is entering the Solana ecosystem, supporting the case for further gains. If the momentum keeps going, $250 looks like a solid short-term target.

On top of that, positive media buzz and growing excitement around a possible Solana ETF could attract more investors, especially institutional players who were previously on the sidelines. Together with the upcoming Alpenglow upgrade, these factors create a strong foundation for a positive Solana outlook in the near future.

Downside risks

Even though the overall mood is optimistic, there are still some clear downside risks to watch out for. The biggest immediate worry is the $200 support level. If that level breaks decisively, Solana could see a pullback down to the $190–$186 range, where there are lower support levels.

Additionally, broader market weakness — particularly in big assets like Bitcoin and Ethereum — could weigh on Solana’s price, even if the project’s fundamentals remain strong. Also, while reaching key liquidity milestones is bullish, it doesn’t guarantee the price will hold up, especially if trading volumes fall or the hype around upgrades and ETFs dies down.

Solana price prediction based on current levels

SOL is trading right between $200 and $220, and a move in either direction could set the tone for what’s next. Based on the chart, here’s the short-term SOL price forecast:

  • Break above $220 → Likely opens the door to a move up toward $236–$252.
  • Drop below $200 → Could lead to more downside, possibly heading toward $190–$186.

Solana’s recent momentum, backed by increased liquidity, is giving bulls some hope. The Solana price prediction for the next few weeks is cautiously bullish, especially if the network continues to perform and draw in more capital. Now that the $1B mark has been passed, the expectation is that a run at $250 could be coming — provided the market cooperates.

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



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Crypto-Investment
Crypto Trends

Crypto Investment Products See $352M Outflows as ETF Filings Surge

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Digital asset markets faced mounting pressure last week as institutional investors pulled back sharply. According to James Butterfill from CoinShares, digital asset investment products recorded $352 million in outflows. 

According to the chart, a trend emerged even as weaker U.S. payroll figures raised hopes for a September interest rate cut, which usually boosts investor confidence. Trading volumes also dropped 27% week over week, indicating a cooling appetite for digital assets.

However, sentiment remains intact. Year-to-date inflows stand at $35.2 billion, which is 4.2% higher on an annualized basis compared to last year’s $48.5 billion.

Bitcoin Leads Inflows as Ethereum Faces Heavy Outflows

With $440 million in outflows, the United States stood out among the other countries. Hong Kong and Germany, on the other hand, maintained their position and brought in new investments of $8.1 million and $85.1 million. Despite the difficulties facing the market as a whole, Bitcoin managed to hold its own, generating $524 million in net inflows.

On the other hand, Ethereum faced heavy pressure. It saw $912 million pulled out over seven straight trading days, with withdrawals coming from several different investment products. Despite this, Ethereum’s total inflows for the year remain solid at $11.2 billion.

In the meantime, alternative assets like Solana and XRP continued to grow. Solana has seen 21 consecutive weeks of inflows, racking up a total of $1.16 billion, while XRP marked with $1.22 billion during the same timeframe.

Grayscale Pushes for Chainlink ETF as ETF Market Booms

Zach Rynes reported on X that Grayscale has filed an S-1 with the U.S. SEC to launch a spot Chainlink ETF. This move would convert the existing Grayscale Chainlink Trust ($GLNK), which has $28 million AUM, into a fully regulated ETF. Bitwise submitted its own S-1 for a LINK ETF in August.

 Bloomberg analyst Eric Balchunas highlighted the momentum, stating,

“ETFs crack $800b in YTD flows, that’s a breathtaking $5b/day pace… on pace to hit about $1.2T this year, a new record.”

Rising ETF activity shows increasing institutional interest, even as short-term outflows highlight investor caution in volatile crypto markets.

Also Read: Chainalysis Boosts XRPL Security With Expanded Token Monitoring





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Bitcoin stays below $112K. (geralt/Pixabay)
Crypto Trends

BitMine Now Holds $9B in Crypto Treasury, Fuels 1,000% Surge in WLD-Linked Stock

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BitMine Immersion Technologies (BMNR) has announced its cryptocurrency holdings now near $9 billion, which the firm says makes it the second-largest crypto treasury firm in the world behind Strategy (MSTR), which holds 638,460 BTC worth over $71 billion.

It also fueled a 1,000% surge in a stock looking to accumulate WLD.

The company according to a press release, holds 2.069 million ETH worth about $8.9 billion at current prices, in addition to 192 BTC and $266 million in unencumbered cash.

That brings the company’s total crypto and cash holdings to more than $9.2 billion, it said.

BMNR pivoted to an ETH treasury strategy in June and aims to accumulate 5% of the total supply of ether. It’s currently the largest ether treasury firm, with SharpLink Gaming (SBET) coming in second with a $3.6 billion ETH treasury according to StrategicETHReserve.

BitMine also announced a $20 million investment in Eightco Holdings (OCTO), a move it calls the first in its “Moonshot” investment strategy to “back bold ideas that strengthen Ethereum’s vast ecosystem.”

Eightco plans to hold worldcoin WLD$1.4937 as its primary treasury asset. The funding comes as part of its $270 million raise via a private investment in public equity (PIPE). OCTO shares are up more than 1,000% in pre-market trading.



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