Jack Dorsey’s app Bitchat saw an increase in downloads in Nepal in the wake of nationwide protests. The spike in downloads came as the Nepali government banned access to major social media platforms. Protests erupted in Kathmandu on September 4 after the Nepali government blocked access to 26 major social media platforms, such as Instagram, YouTube, and Facebook. Young Nepalis under the Gen Z age group initiated protests in retaliation for the government’s ban. Nepali protestors resort to Bitchat Last week, we observed a sudden spike in bitchat downloads from Indonesia during nationwide protests. Today we're seeing an even bigger spike from Nepal during youth protests over government corruption and a social media ban. Freedom tech is for the people. Please share. pic.twitter.com/IqhRa8eCvw — calle (@callebtc) September 10, 2025 The protests further escalated on September 9 after demonstrators stormed and set fire to key government buildings, including the Parliament. Amid the chaos, protestors turned to the Bitchat app, which uses Bluetooth meshes and the Nostr protocol, and works without an Internet connection. The application also emulates Bitcoin’s peer-to-peer nature. Dorsey introduced the app on July 7 as a weekend project, saying it offers a resilient alternative by operating without central servers. He also revealed that the application is designed for scenarios where internet connectivity is unavailable, such as protests. According to the Bitchat Protocol Whitepaper, the app’s communication is limited to third parties, and messages cannot be tampered with in transit. The paper revealed that Bitchat makes it cryptographically impossible for anyone to prove that a specific user sent a particular message. The application can also function reliably in low-bandwidth environments. The founder of X and Cash App developed the app’s iOS version, while the Android version was built by a pseudonymous open-source developer, Calle. Calle expanded the app’s capabilities to operate without requiring names, phone numbers, servers, or even an Internet connection. Following the social media ban, users recommended Bitchat across platforms like Reddit. One user noted that Bitchat was circulating online as an alternative to the country’s internet blackout. Bitchat operates independently of traditional Internet infrastructure Calle revealed that Bitchat saw more than 48,000 downloads at the height of the protests on September 8. According to him, the downloads represent more than 38% of the app’s total installs to that date. “Last week, we observed a sudden spike in Bitchat downloads from Indonesia during nationwide protests. Today we’re seeing an even bigger spike from Nepal during youth protests over government corruption and a social media ban. Freedom tech is for the people.” – Calle , Open-Source Bitchat Developer The tech developer argued at the time that, in the worst case, Bitchat could be the only communication method still available in the country. He cited the app’s ability to operate independently of traditional Internet infrastructure. Calle said that Bitchat differs from mainstream chat platforms that depend on servers or centralized networks since it uses a hyper-local Bluetooth mesh approach that’s crucial when such services are either blocked or surveilled. He also compared the app to Bitcoin because it is built for censorship resistance and accessibility. The developer noted that tools that bypass centralized controls become invaluable during political unrest or financial repression. Calle acknowledged that Bitchat enables communication in much the same way, saying that it’s useful even when governments try to restrict or monitor digital exchanges. Calle also confirmed that the app was not yet in its final form. He explained that the recent use cases in Indonesia and Nepal have pushed the team to work on adding financial capabilities through Bitcoin and Ecash. The developer said the goal is to use Bitchat’s infrastructure and functionality to enable private financial exchanges and even support commerce. Calle revealed that another goal is to iterate Bitcoin through Cashu, an open-source Chaumian Ecash protocol for BTC. Cashu allows users to send and receive BTC payments in various ways, and even an emoji could carry an embedded amount of Bitcoin. The smartest crypto minds already read our newsletter. Want in? Join them .
We’re thrilled to announce that NOBODY is available for trading on Kraken! Funding and trading NOBODY trading is live as of September 11, 2025. To add an asset to your Kraken account, navigate to Funding, select the asset you’re after, and hit ‘Deposit’. Make sure to deposit your tokens into networks supported by Kraken. Deposits made using other networks will be lost. Trade on Kraken Here’s some more information about this asset : Nobody Sausage (NOBODY) Nobody Sausage is an internet entertainment brand and character turned Solana-based meme token. NOBODY is designed for cultural engagement and community fun, with no inherent utility or financial expectations. Please note: Trading via Kraken App and Instant Buy will be available once the liquidity conditions are met (when a sufficient number of buyers and sellers have entered the market for their orders to be efficiently matched). Geographic restrictions may apply Get Started with Kraken Will Kraken make more assets available? Yes! But our policy is to never reveal any details until shortly before launch – including which assets we are considering. All of Kraken’s available tokens can be found here , and all future tokens will be announced on our Listings Roadmap and social media profiles . Our client engagement specialists cannot answer any questions about which assets we may be making available in the future. The post NOBODY is available for trading! appeared first on Kraken Blog .
Despite a brief pause in its trajectory, institutional appetite for Ethereum remains strong. In fact, a whopping $342 million worth of ETH has left a prominent cryptocurrency exchange. Such movements of funds are typically expected to have a bullish impact on ETH’s price. Supply Tightens According to an update shared by Lookonchain, in just the past 10 hours, four newly created wallets withdrew a total of 78,229 ETH (which is worth approximately $342 million) from Kraken. Such large-scale movements from exchanges often signal that institutions are moving assets into cold storage, which reflects a long-term bullish stance. Rising institutional accumulation reflects increasing faith in ETH’s long-term prospects as it trades above $4,430. By withdrawing significant amounts from exchanges, these investors limit circulating supply, thereby creating tighter liquidity conditions that could drive ETH prices higher if demand persists. Amid these significant withdrawals, market experts are turning to technical indicators for clues on ETH’s next move. Popular crypto analyst Ali Martinez, for one, observed that Ethereum is poised for a significant move, as he pointed to a Bollinger Bands squeeze as a technical setup for heightened volatility. Meanwhile, another market commentator, Ted Pillows, stressed the importance of key price levels: a daily close above $4,500 could open the door for a new all-time high, while a rejection at this resistance might push Ethereum down to the $4,000-$4,100 range. It is also important to note that Ethereum has surged ahead of Bitcoin across multiple fronts. Since early August, ETH captured 32.9% of spot market share versus BTC’s 32.6%, and even peaked at 41% in late August with $480 billion in spot volume. Futures momentum has been equally strong as it hit a record $3.08 trillion. Institutional appetite also remains high, with ETH ETFs drawing $10 billion in inflows this year and AUM reaching $25 billion. But not all signals are aligned, as broader market data suggest Ethereum may face underlying pressures. Structural pressures remain that could temper ETH’s upward momentum. Ethereum At a Crossroads Matrixport’s recent report revealed that treasury companies have gone quiet and net asset values are hovering near 1, which could mean that investors are reluctant to pay a premium for these shares. Even Bitcoin treasury companies are experiencing sharp declines in NAVs, in line with broader risk-off sentiment among crypto treasuries. On top of that, Ethereum’s trading volumes have plunged from $122 billion to just $41 billion, while futures open interest has barely budged. This divergence helps explain why ETH prices remain relatively steady, but with volumes drying up, leveraged longs face growing pressure, especially as high funding rates make holding these positions increasingly expensive. The report warned that even a potential bullish catalyst, such as recent US inflation data or the upcoming FOMC meeting, may not fully offset the risks posed by thinning liquidity. The post 78,229 ETH Vanishes From Kraken: Are Whales Prepping for the Next Rally? appeared first on CryptoPotato .
Ethereum has flipped slightly bullish again after facing bearish pressure for several days and is trading back above the $4,300 price level. Amid this price fluctuation, a recent report shows that ETH’s staking activity has grown exponentially, with a massive portion of the altcoin locked away in staking. A Massive Growth In Ethereum Staking While Ethereum’s price is regaining upward traction, staking activity is on the rise. Currently, investors are doubling down on ETH, with staking activity spiking sharply as confidence in the network’s long-term potential strengthens. This notable surge in staking activity was shared by CryptoGucci, a crypto enthusiast, on the X (formerly Twitter) platform. The development shows a robust commitment from institutional and retail players, who view Ethereum’s proof-of-stake architecture as a pillar for safeguarding the blockchain’s future rather than merely a yield potential. According to the expert, there is currently more than 36,148,793 ETH locked into staking, even as market volatility continues to shape the broader crypto landscape. This significant number of ETH locked away in staking represents over 29.9% of the total supply of ETH in circulation. At current market prices, the total ETH locked in staking is worth a staggering $158 billion. CryptoGucci noted that the huge capital from institutional and retail investors championed to the ecosystem is committed to securing ETH through staking. During this substantial wave of ETH staking, a large portion of the altcoin has been persistently withdrawn from major crypto exchanges. Recent reports reveal that Ethereum’s exchange supply is on a steady downward trajectory, and the trend does not appear to be showing any signs of slowing down. After examining the Ethereum Exchange Reserve metric, CryptoGucci highlighted that the ETH supply on exchanges continues to reach record lows. This development signals a strong shift towards staking and long-term holdings, which reflects rising investor confidence in the altcoin’s potential. Presently, Exchange-Traded Funds (ETFs) are purchasing billions, treasuries are piling, and institutions are hoarding. Given the ongoing robust attention directed toward ETH, the expert is confident that a notable rally could be on the horizon. ETH Locking A Larger Chunk Of Spot Market Share Ethereum is continuously breaking crucial boundaries in the ongoing bull market cycle. In a post on the X platform, Milk Road, a crypto expert, reported that ETH has flipped Bitcoin , the largest crypto asset, in terms of spot market share. For the first time ever, ETH has captured a larger share of the spot market compared to Bitcoin, surpassing the 50% mark. According to the crypto expert, this is a five-year breakout that indicates the direction of liquidity flow. ETH’s overtaking BTC in this area is a result of stablecoins , tokenization, ETFs, and regulation converging on the network.
Dogecoin (DOGE) has returned to the center of market hype as experts forecast a potentially violent move in Q4 2025. Nevertheless, a new token, Mutuum Finance (MUTM ) is quickly becoming the subject of attention. While DOGE continues to fluctuate with its unstable momentum and meme-connected past, Mutuum Finance has emerged as a revolutionary DeFi token with a utility-based ecosystem for real-world lending and liquidity solutions. Bullish fundamentals of Mutuum Finance open the way for a faster 10x rally. Dogecoin Prepares to Ramp Up in Q4 Dogecoin (DOGE) is trending at $0.24165 at the moment, with intraday volatility between $0.2326 and $0.2438. Analysts point to bearish technical setups, such as a golden cross and breakout above the $0.20 mark, as well as the launch of a U.S. Dogecoin ETF and a $175 million treasury program as indicators of future strength. If they continue, these would push DOGE to $0.50 by the end of 2025, and perhaps even $1, although that trend will depend on continued trading volume and total crypto momentum. Investors are watching closely as the market dynamics continue to shift while, in the meantime, new narratives in the DeFi space, like Mutuum Finance, are quietly gathering steam. Mutuum Finance Phase 6 Presale Mutuum Finance is currently at Phase 6 presale, and tokens are at $0.035 per token. Waiting for Phase 7 means getting in at a price 14.29% higher. The presale has already had more than 16,200 investors and more than $15.6 million raised, demonstrating trust in the long-term strategy and future of the project within the DeFi industry. The above figures are based on the realization of MUTM’s market as a significant player in decentralized finance. Creating a Stable and Secure Platform In the ecosystem, the project will launch a USD-pegged stablecoin on the Ethereum platform. The stablecoin will be an overcollateralized non-algorithmic stablecoin so that it can become stable and secure in the long run. While algorithmic stablecoins are prone to losing their peg during times of market volatility, this stablecoin will be stable enough that it can hold its value and be an excellent long-term asset for users to own and utilize. A DeFi Vision of the Long-Term Mutuum Finance bi-directional lending platform provides the client the option to switch between a smart contract (P2C) and peer-to-peer (P2P) lending platform back and forth within a snap. Transparency, efficiency, and institution-grade architecture on the platform allow it to serve the heterogenous, non-homogenous needs of individual and organizational clients. The platform grows with customer demand for security and stability and rewards growth in retail and institutional participation. Control of Security and Stability Security is paramount for Mutuum Finance, and white-hat hackers are invited to discover possible vulnerabilities in a $50,000 USDT Bug Bounty Program in cooperation with CertiK. There are four severities to differentiate vulnerabilities, and remuneration varies with severity. The program ensures the platform codebase is well-tested and secure, protecting users and investors. Mutuum Finance (MUTM) could soon be ranked amongst DeFi giants in the market. Stage 6 tokens are selling at $0.035, with Phase 7 to shoot 14.29% higher to $0.04, positioning early investors in the running for a faster potential 10x increase. More than $15.6M raised and 16,200+ investors on board reflect strong market confidence. With a USD-pegged stablecoin, dual P2C/P2P lending, a $50K CertiK bug bounty, and a $100K giveaway, MUTM has utility, scalability, and investor-driven growth. Lock up your tokens in Stage 6 before the next price bump. For more information about Mutuum Finance (MUTM) visit the links below: Website: https://mutuum.com/ Linktree: https://linktr.ee/mutuumfinance
Summary MFH has now pivoted from Filecoin mining to a “DeFi Basket” focused on Solana and staking for yield. However, new Nasdaq oversight of token-funded treasuries could slow MFH’s on-chain treasury execution. MFH has also pushed for AI/HPC operations via Aifinity Base that targets liquid-cooling hardware. Nevertheless, in 2024, they generated only $1.0 million in revenues, with business consulting contributing about 44.5% of that figure. Ultimately, I’m bearish on MFH, especially since the recent regulatory headwinds could derail their Solana ambitions funded with an equity credit line. Mercurity Fintech Holding Inc. ( MFH ) is a diversified fintech in blockchain, artificial intelligence ((AI)), high-performance computing [HPC], and other regulated financial services. MFH mostly operates through a joint venture called Aifinity Base with ZJK Industrial to commercialize cooling solutions for AI and HPC systems. They’re also working on a “DeFi Basket” treasury focused on institutional-grade digital assets, especially Solana (SOL-USD). However, the new NASDAQ regulations on token-heavy treasuries affected MFH’s DeFi strategy, which could become a near-term headwind. However, even though it sounds promising on paper, the reality is much less exciting. MFH remains an expensive stock with a future that largely depends on crypto appreciating. Thus, I feel it’s not worth adding to an investment portfolio. DeFi Basket Promises Mercurity Fintech Holding Inc. is a fintech that operates through several subsidiaries to deliver financial solutions, blockchain services, and infrastructure. They were founded back in 2011 as JMU Limited, with an e-commerce platform business model. However, by 2020, it was rebranded as MFH to focus on the crypto ecosystem. Eventually, in 2022 and 2023, MFH raised new funds to pivot further into next-gen tech with expanded partnerships in fintech. They’re currently headquartered in New York City and are doubling down on their crypto strategy vision. Source: MFH’s Website. Retrieved September 09, 2025. You see, MFH has three business segments in 1) blockchain & digital asset solutions, 2) AI and HPC infrastructure, and 3) financial services. First of all, MFH’s blockchain and digital asset solutions segment offers distributed computing to support blockchain operations and crypto transactions. The company uses its computing resources (or partnerships) for mining, which involves solving cryptographic puzzles to earn rewards in networks. Such rewards are often tokens like Bitcoin (BTC-USD) or Ethereum (ETH-USD). Additionally, MFH builds or manages the backbone systems for blockchain platforms. This typically includes servers, validation nodes, APIs, and development frameworks that blockchains often require. On top of that, MFH manages digital assets (essentially cryptocurrencies) and other blockchain-based assets. This is basically offering trading services, payments, safekeeping, and various advisory services related to cryptocurrencies. Source: MFH’s Website. Retrieved September 09, 2025. As for MFH’s AI and HPC segment, here they offer hardware and software to deploy AI models and heavy computational systems with clusters of specialized processors. MFH’s AI and HPC infrastructure has cooling solutions with energy-efficient liquid cooling systems to keep data centers stable and reduce electricity costs. MFH also has a joint venture called Aifinity Base with ZJK Industrial to commercialize this cooling tech. Note that MFH does own 51% of this venture, so it effectively controls the JV. Interestingly, MFH’s Aifinity Base Limited was launched in February 2025 to capture market share in the AI supply chain. The idea was to tackle liquid cooling for NVIDIA-based AI and HPC systems. It’s true that this is a growing niche with booming demand that broadens the company’s profile into infrastructure technology. On paper, it grows MFH’s portfolio into cost-reduction hardware for AI through improved efficiency for data center operators. Also, its partner ZJK is a Chinese high-tech manufacturer with experience in AI-related hardware, so it seems promising in that sense. Together, ZJK and MFH should have manufacturing expertise plus capital and fintech/AI strategic vision. Source: MFH’s Form 20-F. April 2025 . Finally, their financial services segment operates via Chaince Securities LLC. This is a FINRA-regulated company that acts as a middleman in securities transactions to trade stocks, bonds, ETFs, or other securities on the US markets. Chaince received FINRA CMA approval on March 21, 2025, and is also a registered investment adviser (RIA). And interestingly, I calculate their “business consultation” services are actually around 44.5% of their total revenues. In 2024, total revenues were $1.0 million, and $448.9 thousand came from consulting, which, based on their 20-F filing (see above), appears to have little to do with actual AI or crypto activities. DeFi Basket And Regulatory Oversight Having said that, in July 2025, MFH announced the launch of a $500 million “ DeFi Basket ” treasury. The idea here is to build a portfolio of high-utility DeFi tokens and projects with institutional adoption and proven use cases. In other words, this sounds like they want to accumulate “blue chip” crypto tokens such as ETH, Solana ((SOL)), or stablecoins (USDC, USDT, DAI). Yet, they historically had a major focus on Filecoin (FIL-USD) mining in 2022 and 2023. At the time, the bet was on decentralized storage, which FIL is supposedly targeting as well, and MFH spent its resources mining this crypto. In fact, on December 15, 2022, they spent around $6.0 million on “ Web3 decentralized storage ” infrastructure to support their FIL mining business. But unfortunately, FIL plunged during that period (see image below), which seems to broadly correlate with MFH’s stock decline at the time. Source: Seeking Alpha Charts. MFH stock and Filecoin price (green line). In any event, they’ve more recently moved towards integrating their business more closely with Solana . MFH says they plan to accumulate SOL tokens as a core holding and run validator nodes on SOL’s network. Essentially, it sounds similar to what they intended to do on the Filecoin network back in 2022 and 2023. But instead, this time they’ll become an active infrastructure participant in Solana, which includes staking tokens and earning rewards. This will give them passive yield on top of any appreciation in the token price, so it’s a nice added bonus with this blockchain. However, after their “DeFi Basket” treasury launch, MFH was affected by a new NASDAQ regulation that could constrain them from executing this plan. On September 4, 2025, it was reported that NASDAQ will increase oversight on companies that issue new stock and use the proceeds to buy crypto tokens. Under this regulation, NASDAQ will now require shareholder approval before such stock-for-token purchases to protect investors from dilution risks. In other words, this is a direct regulatory hit to companies where buying and holding crypto is the main business model. But for MFH, this rule increases friction in executing their on-chain treasury strategy. Valuation And Risk Analysis Now, from a valuation perspective, MFH currently trades at a $386.1 million market cap. The latest financials we have are from their annual 20-F report with a cut date of December 2024. However, that report shows their balance sheet had only $23.9 million in cash and equivalents, plus $1.0 million in short-term investments. That amounts to roughly $24.9 million in available liquidity against a $7.5 million convertible note. By February 2025, they disclosed they repaid $4.0 million on that note, and there’s only $3.5 million outstanding in convertible notes. Source: Seeking Alpha. So, I’m going to assume that their cash likely declined by $4.0 million as well (to partially repay the note) to $20.9 million. Also, their book value was $24.1 million by year-end 2024, indicating a P/B of 16.0, which is inherently expensive. For comparison, their sector’s median P/B is much lower at just 3.6. Similarly, their total 2024 revenues were only approximately $1.0 million, which results in an extremely pricey P/S of 381.1 as well. And as far as I can tell, their growth prospects now largely hinge on cryptocurrencies appreciating substantially to justify these premium valuation multiples. But I believe MFH probably doesn’t justify a premium valuation, given that it has a highly complex corporate structure in the Cayman Islands with negligible revenues. Source: MFH’s Form 20-F. April 2025 . Furthermore, I calculate their full-year 2024 cash burn at $1.6 million. Note that I got this figure by simply adding their cash flows from operations and CAPEX. But in this case, their cash burn would have been higher if they hadn’t been refunded around $2.0 million in a cancelled PPE purchase in 2024. Still, if we assume only $1.6 million in cash burn, that suggests a runway of 13.1 years. Plus, we know they have their recently announced $200.0 million equity credit line for their plans with Solana. So, I doubt they’re going to run out of funds any time soon, but I’m also skeptical about actually delivering tangible shareholder value aside from just accumulating tokens. Conclusion: Not Worth The Risk Overall, MFH has always been focused on cryptocurrencies. Their main bet was on Bitcoin mining until they pivoted into Filecoin mining in 2022. However, Filecoin plunged and lost its flair, which I imagine spurred MFH to pivot into the more vibrant Solana ecosystem. Still, I don’t see many tangible AI activities so far, and their Solana ambitions largely hinge on the Nasdaq allowing them to issue equity to purchase crypto tokens. In that sense, that leaves MFH with negligible mining or consulting revenues, and an uncertain outlook if they can’t even use their equity to purchase tokens. Ultimately, I think if MFH manages to accumulate Solana and this token appreciates, it could work out well for investors. But, in my view, if MFH is going to simply hold Solana, then you might as well just buy Solana for yourself and avoid MFH’s additional risks. Thus, I give MFH a “Sell” rating at these levels.
BitcoinWorld Revolutionary dYdX ETP Launch: 21Shares Unlocks New Investment Avenues in Europe Get ready, Europe! A significant development is on the horizon for cryptocurrency investors. 21Shares is set to introduce a groundbreaking dYdX ETP in Europe, a move that promises to reshape how many engage with decentralized finance. This innovative product aims to offer a regulated and accessible pathway to the dYdX protocol, an exciting prospect for both seasoned and new investors. What Exactly is a dYdX ETP and Why Does it Matter? An Exchange-Traded Product (ETP) is a type of security that tracks an underlying asset, index, or financial instrument. In simple terms, it allows investors to gain exposure to an asset like dYdX without directly holding the underlying cryptocurrency. This new dYdX ETP will provide a familiar investment vehicle within a regulated framework, making it easier for traditional investors to participate in the crypto market. dYdX itself is a leading decentralized exchange (DEX) platform known for its perpetual contracts and margin trading. By offering an ETP linked to dYdX, 21Shares is essentially bridging the gap between traditional finance and the innovative world of DeFi. This offers a regulated avenue for investors seeking exposure to the performance of the dYdX token. Unpacking the Revolutionary dYdX ETP : Features and Benefits A key highlight of this upcoming dYdX ETP is the immediate inclusion of a staking feature. This means that investors in the ETP will be able to benefit from the staking rewards generated by the underlying dYdX tokens, adding an extra layer of value. Staking is a process where participants lock up their crypto assets to support the operations of a blockchain network, in return for rewards. This dYdX ETP will make its debut on prominent European exchanges, specifically Euronext Paris and Euronext Amsterdam, under the ticker DYDX. This listing on well-established platforms underscores 21Shares’ commitment to providing secure and accessible investment products. It also signifies a growing acceptance of crypto-related financial products within mainstream financial markets. Key Benefits for Investors: Regulated Access: Invest in dYdX through a regulated financial product. Staking Rewards: Benefit from the added value of immediate staking. Ease of Investment: Trade like traditional stocks through familiar exchanges. Diversification: Add exposure to the DeFi sector to your portfolio. How Does This dYdX ETP Impact the European Crypto Market? The launch of a dYdX ETP by a reputable firm like 21Shares represents a significant step for the broader adoption of decentralized finance (DeFi) assets. It signals increasing institutional interest and provides a template for how other DeFi protocols might enter regulated markets. Furthermore, it enhances the credibility of the crypto space by offering products that adhere to stringent financial regulations. For the European market, this ETP could open doors for a new wave of investors who have been hesitant due to the perceived risks or complexities of direct crypto ownership. It offers a simpler, more compliant way to gain exposure. However, like all investments, it is crucial for investors to understand the inherent volatility of the crypto market and conduct thorough due diligence. Considerations for Investors: Market Volatility: Cryptocurrency markets can be highly volatile. Regulatory Landscape: While regulated, the broader crypto landscape is still evolving. Underlying Asset Risk: The ETP’s performance is tied to the dYdX token. A New Era for Crypto Investments The introduction of the dYdX ETP by 21Shares is a landmark moment, reflecting the ongoing maturation of the digital asset industry. It offers a sophisticated, regulated, and accessible avenue for investors to engage with the innovative dYdX protocol, complete with the added benefit of staking rewards. This move is poised to attract new capital into the DeFi space and further solidify cryptocurrencies as a legitimate asset class within traditional finance. As the crypto landscape continues to evolve, products like the dYdX ETP will play a crucial role in shaping its future, making it more approachable and integrated into the global financial system. Frequently Asked Questions (FAQs) 1. What is the primary benefit of investing in the dYdX ETP? The primary benefit is gaining regulated exposure to the dYdX protocol’s performance, including immediate staking rewards, without the complexities of direct cryptocurrency ownership or managing a crypto wallet. 2. Where will the dYdX ETP be listed? The dYdX ETP is scheduled to list on Euronext Paris and Euronext Amsterdam, two major European stock exchanges, under the ticker DYDX. 3. Will the dYdX ETP include a staking feature? Yes, a significant feature of this ETP is the immediate inclusion of a staking function, allowing investors to potentially earn rewards from the underlying dYdX tokens. 4. Is the dYdX ETP suitable for all investors? While it offers regulated access, investors should be aware of the inherent volatility of cryptocurrency markets. It is important to conduct personal research and consider financial advice before investing. Did you find this article insightful? Help us spread the word about this exciting development in crypto investments! Share this article on your social media channels to inform your network about the upcoming 21Shares dYdX ETP launch in Europe. To learn more about the latest crypto market trends, explore our article on key developments shaping dYdX institutional adoption. This post Revolutionary dYdX ETP Launch: 21Shares Unlocks New Investment Avenues in Europe first appeared on BitcoinWorld and is written by Editorial Team
XRP price prediction debates are heating up as Ripple slips under $3 again—just as seasoned traders claim that grabbing $LBRETT today mirrors buying XRP at $0.002. The Layer Brett crypto presale is live at $0.0055, pairing meme energy with Ethereum Layer 2 utility and staking at a massive 782% APY. If you’ve been hunting the next big crypto with asymmetric upside, this is the moment to compare the two paths. What the XRP price prediction map says right now On the near-term technical map, XRP is pivoting around $2.70–$2.88 support, facing heavy resistance at $2.82–$2.99; lose support and $2.40 is in play, break above and $3.70 opens up. Despite recent whale distribution, we’re seeing accumulation at support, rising illiquid supply, and ETF-related inflows alongside corporate treasury participation—constructive signals for a longer-term uptrend. Macro winds help too: a widely expected Fed rate cut, BTC strength, DOGE/BTC primed to grind higher, Solana flashing bullish signals, and XRP’s MACD turning positive all bolster the upside scenario. XRP’s liquidity and brand are strengths, but they also cap the “surprise factor.” A favorable XRP price prediction may still be constrained by size. In contrast, Layer Brett sits in low cap crypto gems territory with just $3.3 million raised so far—room for outsized moves if momentum hits. At $0.0055, $LBRETT is a classic early-stage setup: a memecoin with planned Ethereum Layer 2 throughput, real staking utility, and a community-first design. For investors chasing the next 100x altcoin narrative, this is exactly the profile they target during a crypto bull run 2025 setup. Utility check: Layer Brett turns meme energy into Ethereum Layer 2 throughput Layer Brett isn’t a meme token without a plan. It fuses memecoin virality with Layer 2 crypto fundamentals: fast finality, low gas, and an ERC-20 token designed to thrive in DeFi and Web3. Built on Ethereum Layer 2, Layer Brett aims to solve the pain points that older chains face—high fees and slow confirmations—while preserving security. No KYC, decentralized ethos, and smart contracts that keep the door open for staking crypto, NFT tie-ins, and broader ecosystem integrations. That blend of culture and capability is why many call $LBRETT one of the best meme coins to watch among new crypto coins. Where Layer Brett really separates from typical meme tokens is yield. Early buyers can stake $LBRETT at 782% APY—an aggressive incentive powered by Layer 2 efficiency and a staking allocation ****d into tokenomics. Compounding from day one turns the crypto presale into more than an entry ticket; it’s a running start. Timing the trade: catalysts for XRP and $LBRETT XRP has credible tailwinds: macro easing, ETF-related inflows, and on-chain accumulation. If $2.99 breaks decisively, momentum traders could chase a move toward $3.70. Meanwhile, $LBRETT’s catalysts are internal and time-sensitive: a live crypto presale at $0.0055, rapid community growth, and staking rewards that favor earliest adopters. Add the $1 million giveaway, and you have a recipe for attention—and attention is what fuels top gainer crypto moves in this market. Given the current XRP price prediction setup, XRP looks constructive—but its size may limit explosive upside. Layer Brett’s smaller market cap, Ethereum Layer 2 utility, and 795% staking rewards create a stronger asymmetry for those seeking the next 100x meme coin. The presale is limited, the staking starts immediately, and momentum is building. If you missed XRP at $0.002, the logical next step is to secure an early $LBRETT position , stake, and let the flywheel work. Connect your wallet and buy in today. Website: https://layerbrett.com Telegram: https://t.me/layerbrett X: (1) Layer Brett (@LayerBrett) / X
On September 11, COINOTAG reported, citing on-chain analyst ZachXBT, that an unknown wallet was drained of approximately 3.047 million USDC on the Ethereum network. The incident has been classified in
21Shares dYdX ETP provides regulated, exchange-traded exposure to the DYDX token, enabling institutional and retail investors to access decentralized derivatives via a custody-backed ETP. The product streamlines custody, pricing, and
21Shares has launched the first exchange-traded product tied to the dYdX token, providing institutional-grade exposure to the decentralized perpetuals market via an ETP listed on Euronext Paris and Amsterdam under
COINOTAG, citing Coinglass analytics on September 11, reports that Ethereum liquidation sensitivity rises markedly at defined thresholds: a breakout above $4,550 corresponds to a cumulative short liquidation intensity of about
DYDX joins Aave and Uniswap in 21Shares’ DeFi lineup, showing how protocols are being repackaged for traditional investors.
Cryptocurrencies remained on edge on Friday as the latest inflation stats renewed interest in the Fed’s September rate cut . Meanwhile, large-cap altcoins displayed optimism amid bullish technicals and fundamentals. This article evaluates Solana, Avalanche, and Cardano’s current trajectories and what to expect in the near term. Solana DeFi hits all-time highs Solana boasts a thriving DeFi ecosystem, with total value locked hitting $14.192 billion, according to DeFiLlama data. Source – DeFiLlama The impressive growth signals soaring demand for Solana-based projects and cements the blockchain’s status as a leading DeFi platform. Solana’s high throughput and low transaction fees have attracted developers and traders. The network experiences boosted liquidity across DEXs, yield farms, and lending platforms, indicating intensified user activity. SOL exhibited an optimistic outlook amid the bullish sentiments. It has reclaimed early February levels after climbing from $199 weekly low to today’s intraday of $227. Stability above $230 could propel SOL toward the key resistance at $250 before heading to the $300 psychological mark. Avalanche plans to raise $1B for ecosystem expansion Avalanche Foundation, the organization behind the Avalanche blockchain, plans to raise $1 billion to establish two US-based crypto treasury firms. Notably, these companies will buy massive amounts of AVAX coins to provide the Foundation a capital boost. According to the Financial Times, the Avalanche Foundation targets a $1 billion raise to support these efforts and finalize deals soon. Wu Blockchain @WuBlockchain · Follow According to FT, Avalanche Foundation is in talks with investors to set up two US “digital asset treasury” companies, aiming to raise $1B to buy millions of AVAX at a discount. The first, led by Hivemind Capital, seeks up to $500M via a Nasdaq-listed firm with crypto investor and 8:09 AM · Sep 11, 2025 1 Reply Copy link Read more on Twitter Hivemind Capital will lead the first company (seeking to raise $500M via a Nasdaq-listed company), with ex-White House press sec. Anthony Scaramucci as an advisor. Meanwhile, Dragon Capital will launch the second initiative, which also involves up to $500 million through a special purpose purchase. The approach would enable the treasury firms to buy AVAX assets at discounted values to back the Avalanche Foundation with steady capital via US-based investment initiatives. AVAX trades at $28.83 after gaining nearly 17% over the past week. Bulls target the resistance at $32.5, above which it could rally to $55. ADA eyes substantial rallies Cardano hovers at $0.8755 after gaining 2% and 7% in the past day and week. It displays bullish momentum after soaring from a weekly low of $0.80. Analyst Clifton expects substantial rallies of ADA after breaking out of a bull flag pattern. He posted a 3-day chart showing Cardano breached the resistance at $0.50 – $0.55. ADA flipped the obstacle into a reliable support barrier and now eyes the psychological level at $1. Bitcoinsensus highlighted that ADA is printing previous patterns, targeting $1.86. Bitcoinsensus @Bitcoinsensus · Follow $ADA CYCLE REPEATING? 🚀🔥📈 Previous rallies after bottoming delivered +260% and +360% gains🔥 Eyeing $1.86 for potential +260% repeatFractal playing out again? 👀 #Cardano #Crypto 12:49 AM · Sep 11, 2025 45 Reply Copy link Read 19 replies That would mean a massive 112% rally from Cardano’s prevailing market price. Meanwhile, all eyes remain on the Federal Reserve’s interest rate decision next week. The latest jobs data has increased the chances of a 25 bp cut, a development that could kick-start the much-awaited bull run. The post Large-cap altcoins: Solana DeFi breaks records, AVAX eyes $1B raise, ADA holds strong appeared first on Invezz
While the crypto market remains on the lookout for its next big gainer, Mutuum Finance (MUTM) is garnering buzzcoin potential. The project is tantalizing early adopters with its game-changing approach to decentralized lending and micro-liquidity pools. Mutuum Finance is in its sixth phase of presale with all tokens available for $0.035. The project has over $15.6 million in funds raised and over 16,200 backers. With more and more discourse about its revolutionary DeFi innovations and more mentions on major crypto news blogs, Mutuum Finance is shining in the spotlight and can be the next Solana (SOL). Solana (SOL) Keeps Rolling After Recent Surge Solana (SOL) is priced at approximately $218.56, showing an astonishing intraday rise of 4.5% after recent highs. The asset appears solid with high-volume trades, heightened on-chain volume, and buyer demand after such huge upgrades as Firedancer and rising total value locked. While collective market interest continues to be on more affordable cryptos at the sub-$0.05 level for breakout sometime in the future, eyes are opening up in larger circles to look at future-proof protocols as well, including Mutuum Finance (MUTM). Mutuum Finance Presale Momentum Sixth round of MUTM token sale confirms the longevity of the project with an all-time high of $15.6 million and registering more than 16,200 investors. Investors in this round will enjoy humongous profits once the token goes live. Mutuum Finance is building an entire ecosystem that will consist of a stablecoin, on the Ethereum network for maximum security and stability. $50,000 Bug Bounty Program For assurance of the safety of the platform, Mutuum Finance has implemented a Bug Bounty Program in partnership with CertiK whose reward value is up to $50,000 USDT. The program provides an open invitation to white-hat hackers, security researchers, and developers interested in discovering and reporting bugs. The bugs are scored by severity score-wise, i.e., critical, major, minor, and low, an equivalent reward is offered. The exercise enhances platform security, protects user balances, and fosters investor confidence. Development and Community Incentives Mutuum Finance also initiated a $100,000 giveaway to encourage early investors, drive new users, and encourage community engagement. Ten winners will be awarded $10,000 MUTM tokens for participating in the project and bringing in new users. The activities are designed to foster growth with stability in the ecosystem. Market Risk, Volatility, and Management of Liquidity The protocol stabilizes and manages market exposure with limits and liquidation points and compensates liquidators when illiquidity exists. Volatility of an asset has a direct impact on the aggressiveness or conservativeness of Loan-to-Value ratios and liquidation points. The more volatility, the more aggressive parameters; the less volatility, the more conservative parameters. Risk rankings also manage reserve multipliers so the protocol is secure, stable, and realistic under various market conditions. Community-Led Development and Security Mutuum Finance is not only committed to establishing a secure and scalable DeFi protocol but to developing a community where token holders, investors, and users are lucky enough to not only reap the security benefits of the platform but also the community programs. Since the presale process started, MUTM has introduced programs to reward the users, develop the community, and establish long-term stability for the project. Mutuum Finance (MUTM) is gaining strong momentum as a cheap crypto below $0.05 with breakout potential such as early Solana (SOL). Stage 6 tokens are at $0.035, rising by 14.29% to $0.04 at Stage 7. Presale has garnered $15.6M from 16,200+ investors and the adoption is strong. Backed by a 95.0 CertiK trust rating, $50K bug reward, and $100K giveaway, MUTM is secured by security, growth incentives, and the best DeFi lending technology. Lock your Stage 6 tokens today before prices increase. For more information about Mutuum Finance (MUTM) visit the links below: Website: https://mutuum.com/ Linktree: https://linktr.ee/mutuumfinance
BitcoinWorld Institutional ETH Buying Surges: What’s Driving This Massive Inflow? The cryptocurrency world is buzzing with significant news: institutional ETH buying is on a massive upswing. Recent reports indicate a substantial influx of capital into Ethereum, signaling growing confidence from major players in the financial sector. This isn’t just a ripple; it’s a powerful wave that could reshape the market. What’s Driving This Latest Institutional ETH Buying Spree? Fresh data from Lookonchain, a reputable on-chain analytics firm, confirms this exciting trend. They recently highlighted that three brand-new wallets have collectively withdrawn a staggering 46,347 ETH from FalconX. This transaction, valued at approximately $200 million, occurred within a mere three-hour window. Such rapid, large-scale movements are a clear indicator of significant institutional interest. FalconX, a prime broker for digital assets, is a common gateway for institutions entering the crypto space. The fact that these are ‘new’ wallets further suggests fresh capital entering the Ethereum ecosystem, rather than just existing funds being reallocated. This robust institutional ETH buying demonstrates a strong belief in Ethereum’s long-term value proposition. Why Are Institutions Focusing on Ethereum? Ethereum, the second-largest cryptocurrency by market capitalization, offers more than just a store of value. Its robust blockchain network powers a vast ecosystem of decentralized applications (dApps), including: Decentralized Finance (DeFi): A rapidly expanding sector offering lending, borrowing, and trading without traditional intermediaries. Non-Fungible Tokens (NFTs): The digital collectibles market largely operates on Ethereum. Enterprise Solutions: Many businesses are exploring Ethereum’s capabilities for supply chain management, tokenization, and more. Staking Rewards: Post-Merge, Ethereum’s proof-of-stake mechanism allows investors to earn rewards by staking their ETH, offering an attractive yield opportunity. These multifaceted utilities make Ethereum a compelling asset for sophisticated investors looking beyond simple price speculation. The ongoing institutional ETH buying reflects a deeper understanding of these fundamental strengths. What Are the Implications of Increased Institutional ETH Buying? The continued influx of institutional capital into Ethereum carries several significant implications for the broader crypto market. Market Validation: It provides a strong vote of confidence in Ethereum’s technology and future potential, potentially attracting even more mainstream attention. Increased Liquidity: Larger institutional holdings can lead to deeper markets, reducing volatility and improving trading conditions. Price Stability: While not immune to fluctuations, institutional participation often brings a level of stability and long-term holding perspective. However, it’s also important to consider potential challenges. Centralization concerns, regulatory scrutiny, and the impact of large players on market dynamics are all factors to monitor. The growing trend of institutional ETH buying highlights Ethereum’s evolving role in global finance. What Does the Future Hold for Ethereum Investors? The consistent pattern of institutional ETH buying suggests a bullish outlook for Ethereum. For individual investors, this trend could mean several things: Long-Term Growth Potential: Institutions typically invest with a long-term horizon, indicating confidence in Ethereum’s sustained growth. Ecosystem Development: Increased capital can fuel further innovation and development within the Ethereum ecosystem, leading to more robust dApps and services. Market Maturation: The involvement of traditional finance giants helps mature the crypto market, paving the way for wider adoption. While past performance is not indicative of future results, the current institutional interest certainly paints an optimistic picture. Staying informed about these trends and understanding Ethereum’s fundamentals remains crucial for making informed investment decisions. In conclusion, the sustained institutional ETH buying , as evidenced by recent large withdrawals from platforms like FalconX, is a powerful testament to Ethereum’s growing appeal. This trend underscores the network’s foundational strength, its diverse utility, and its potential as a long-term investment asset. As traditional finance continues to embrace digital assets, Ethereum stands out as a key player attracting significant capital and attention. The future looks increasingly bright for the world’s leading smart contract platform. Frequently Asked Questions (FAQs) 1. What is institutional ETH buying? Institutional ETH buying refers to the acquisition of significant amounts of Ethereum by large financial entities such as hedge funds, asset managers, or corporations, rather than individual investors. These entities often use specialized platforms like FalconX for their transactions. 2. Why is FalconX mentioned in relation to institutional ETH buying? FalconX is a prime broker for digital assets, serving as a key platform for institutional investors to buy, sell, and manage cryptocurrencies like Ethereum. Its mention indicates that the reported transactions are indeed coming from institutional-grade participants. 3. How does institutional investment impact Ethereum’s price? Increased institutional investment can positively impact Ethereum’s price by increasing demand, reducing supply on exchanges (as institutions often hold for the long term), and providing market validation, which can attract more investors. 4. What are the main reasons institutions are investing in Ethereum? Institutions are drawn to Ethereum due to its robust ecosystem supporting DeFi, NFTs, and enterprise solutions, its transition to a more energy-efficient proof-of-stake mechanism, and the attractive staking rewards it offers. 5. Is this trend of institutional ETH buying expected to continue? While market trends can change, the fundamental strengths of Ethereum and the increasing integration of digital assets into traditional finance suggest that institutional interest and investment in ETH are likely to continue growing in the long term. If you found this insight into institutional ETH buying valuable, consider sharing it with your network! Help us spread awareness about the exciting developments shaping the future of cryptocurrency. To learn more about the latest explore our article on key developments shaping Ethereum institutional adoption. This post Institutional ETH Buying Surges: What’s Driving This Massive Inflow? first appeared on BitcoinWorld and is written by Editorial Team
COINOTAG reported on September 11 that lookonchain monitoring identified a sizable on‑chain movement: three newly created wallets received 46,347 ETH from FalconX, a transfer valued at approximately $2.044 billion. The
Key Highlights VanEck plans US ETF and European ETP for Hyperliquid. $500 million targeted for investment and token buybacks. ETFs aim to boost investor access to HYPE tokens. VanEck Moves to Expand Hyperliquid Access Investment firm VanEck is preparing to launch a spot ETF based on Hyperliquid (HYPE) in the United States and an exchange-traded product (ETP) in Europe, according to company insiders. Hyperliquid has become a major focus for VanEck’s liquid asset fund this year, reflecting growing investor interest in the layer-one blockchain. Strategic Plans and Market Potential VanEck executives are considering allocating part of the profits from their investment products to support HYPE token buybacks. Hyperliquid already channels most of its platform revenue to buyouts, and VanEck aims to complement this by providing additional demand through its products. Hyperliquid, launched in 2023, powers a leading perpetual futures exchange and has led all blockchains in network revenue for four consecutive weeks. VanEck’s digital asset product director highlighted that HYPE shows strong investor demand and remains unlisted on major US exchanges, making it an attractive candidate for an ETF. Regulatory Context ETF and ETP launches are subject to regulatory approval. In Europe, 21Shares launched a Hyperliquid ETP in August 2025, while in the US, the SEC continues reviewing multiple crypto fund applications, including those for XRP and Solana. VanEck has previously filed for ETFs for AVAX, SOL, JitoSOL, and BNB, following a “first in line” strategy with Solana and Ethereum ETFs. Meanwhile, competition for the USDH stablecoin linked to Hyperliquid is intensifying. One contender, Agora, is co-founded by Nick van Eck, son of VanEck CEO Jan van Eck. VanEck clarified that its ETF and ETP plans are entirely independent of USDH competition, focusing solely on expanding investor access to HYPE tokens. At the time of writing, the VanEck Solana Trust (VSOL) ETF is listed by the Depository Trust & Clearing Corporation, signaling potential imminent approval for VanEck’s crypto products.
BlockBeats News, September 11th, according to Coinglass data, if Ethereum breaks above $4550, the cumulative short liquidation intensity on major CEXs will reach $1.59 billion.Conversely, if Ethereum falls below $4350, the cumulative long liquidation intensity on major CEXs will reach $1.014 billion.BlockBeats Note: The liquidation chart does not show the exact number of contracts to be liquidated or the exact value of contracts being liquidated. The bars on the liquidation chart actually represent the importance of each liquidation cluster relative to adjacent clusters, i.e., intensity.Therefore, the liquidation chart shows to what extent reaching a certain price level will impact. Higher "liquidation bars" indicate that the price reaching that level will trigger a more intense reaction due to a liquidity cascade.
21Shares has launched the first fund tracking dYdX's native token, offering investors exposure to DeFi derivatives protocol.