Machi Big Brother’s $44M Profit Turns To $9M Loss On Hyperliquid

Taiwanese music celebrity and high-profile digital asset investor Jeffrey Huang, also known as “Machi Big Brother,” is facing a nearly $9 million floating loss on his Hyperliquid account. Account “0x020c” associated with Huang, who is also a popular Bored Ape Yacht Club collector, is approaching a floating loss of $9 million on decentralized exchange (DEX)…

UK Central Bank Eyes Stablecoins to Reduce Reliance on Banks

Bank of England (BoE) Governor Andrew Bailey suggested that stablecoins could reduce the United Kingdom’s reliance on commercial banks, signaling a potential shift in the central bank’s stance toward digital assets. In a Wednesday article in the Financial Times, Bailey said that the current financial system combines money and credit creation through fractional reserve banking,…

Ether Price Eyes 145% Gains to $10K as ETF Inflows Return

Key takeaways: An ETH price bull flag is in play on the weekly chart, targeting $10,000. Ether ETFs recorded inflows for two straight days totaling $674 million. Strategic Ether reserves and ETF holdings have jumped by 250% since April 1.    Ether’s (ETH) price printed a bull flag pattern on the weekly chart, a technical…

Ether Price Eyes 145% Gains to $10K as ETF Inflows Return

Key takeaways: An ETH price bull flag is in play on the weekly chart, targeting $10,000. Ether ETFs recorded inflows for two straight days totaling $674 million. Strategic Ether reserves and ETF holdings have jumped by 250% since April 1.    Ether’s (ETH) price printed a bull flag pattern on the weekly chart, a technical…

Bitcoin Price Looks Set for Big Gains Toward $138K in ‘Pumptober’

Key takeaways: BTC must clear the next significant resistance level to unlock targets at $127,000–$137,000. On-chain data shows room to run, with $122,000 and $138,000 as the key risk levels. Bitcoin (BTC) closed September with a 5.35% gain, shaking off a late-month correction. Historically, such green Septembers have set the stage for a bullish “Pumptober,”…

Market Rallies, Altcoins Lead Gains; Zcash Hits 16-Month High

The crypto market experienced a boost on Wednesday with majors bitcoin BTC$116,433.23 and ether ETH$4,281.99 rising 2.9% and 3.1% respectively. But the real story was in the altcoin market as several tokens rose by double-digits as investors speculate on another phase of “atlcoin season.” ZEC hit its highest point since May 2022 while a number…

French Bank Deficit Net Positive For Bitcoin: Arthur Hayes

The ballooning financial deficit of France’s central bank may spur a new wave of money printing, potentially unlocking billions in new capital for Bitcoin. France’s central bank, the Banque de France (BdF), reported a net loss of 7.7 billion euros ($8 billion) in fiscal year 2024, mainly driven by negative net interest income due to…

Can Solana rival Wall Street? Kyle Samani thinks so

Ethereum may have been first to pioneer decentralized finance, but in 2025, questions about scalability still linger. According to Kyle Samani, chairman of Forward Industries, Ethereum’s limitations leave the door wide open for Solana. He argues that Solana is the only blockchain already capable of supporting capital markets on a global scale. Recently dubbed the…

House Republicans Probe Gary Gensler’s Deleted Text Messages

US House Republicans have told Securities and Exchange Commission Chair Paul Atkins that they are investigating the loss of text messages from former SEC Chair Gary Gensler from when he led the agency. The SEC’s Office of Inspector General’s findings in early September cast doubt on whether the Gensler-led SEC acted with transparency and integrity…

Is $170K Coming In Q4?

Key takeaways: Bitcoin aims to close September with a 4.5% gain, a setup that historically precedes strong Q4 rallies. Onchain data shows spot demand strengthening, led by US investors. Bitcoin (BTC) is on track to close September in positive territory, up 4.5% to about $113,100 on the final trading day of the month. Historically, a…