Crypto Firm Proposes Cutting HYPE Supply by 45%

A crypto asset management firm that holds HYPE — the token behind decentralized derivatives exchange Hyperliquid —  has proposed cutting the total supply of HYPE by 45% to make its tokenomics more attractive to investors. In a post to X on Monday, DBA Asset Management investment manager Jon Charbonneau outlined three changes to Hyperliquid’s economic…

CleanSpark Secures $100M Bitcoin-Backed Loan

Bitcoin mining company CleanSpark rallied 5% in after-hours trading after announcing on Monday that it had secured a $100M financing deal with institutional-investor focused Coinbase Prime. The deal sees CleanSpark secure further credit from Coinbase Prime by using a portion of its 13,000 total Bitcoin (BTC) holdings as collateral. It will utilize the capital to…

Are Crypto TGEs Becoming the End of Blockchains?

Token generation events (TGEs) are increasingly criticized as exit ramps for crypto founders, leaving behind blockchains with little real activity. Projects often debut with thin circulating supply and inflated valuations, giving genuine supporters little chance to see sustainable returns. Industry sources argued that low floats and automated market makers (AMMs) help sustain prices temporarily, but…

ETH Sell-off Overblown, TradFi Likely To Buy The Dips

Key takeaways: Ether’s correction aligned with broader altcoin moves, with liquidations offset by stable open interest. Ether options and perpetual funding data show weaker bullish demand, but no derivatives-driven trigger for sell-off. Ether (ETH) faced a 9.2% correction in less than 12 hours following a risk-off move in the cryptocurrency market. Despite more than $500…

US Lawmakers Ask SEC to Act on Trump’s Crypto 401(k) Plan

US lawmakers have called on Securities and Exchange Commission Chair Paul Atkins to help accelerate the executive order enabling crypto investments in US 401(k) retirement plans. In the letter on Monday, nine lawmakers, including House Financial Services Committee Chairman French Hill and Subcommittee on Capital Markets Chairman Ann Wagner, said that Atkins was asked to…

ETH Sell-off Overblown, TradFi Likely To Buy The Dips

Key takeaways: Ether’s correction aligned with broader altcoin moves, with liquidations offset by stable open interest. Ether options and perpetual funding data show weaker bullish demand, but no derivatives-driven trigger for sell-off. Ether (ETH) faced a 9.2% correction in less than 12 hours following a risk-off move in the cryptocurrency market. Despite more than $500…

How Low Can XRP Price Go After Dropping Below $3 Again?

Key takeaways: XRP price hinges on $2.75 support, risking a drop toward $2.07. Rising NUPL signals increased profit-taking, hinting $3.18 was the local top. Some analysts insist XRP’s macro setup is still bullish with price targets above $5. XRP (XRP) was down on Monday, dropping 5% over the last 24 hours to trade at $2.80….

Strive to Acquire Semler Scientific in Bitcoin Treasury Merger

Strive Inc., the asset manager turned Bitcoin treasury company led by former presidential candidate Vivek Ramaswamy, has agreed to acquire Semler Scientific — a move that positions the combined entity as one of the largest corporate holders of Bitcoin. In a Monday announcement, the companies said the all-stock transaction will grant Semler shareholders Strive shares…

U.S., U.K. Form Task Force to Align on Crypto and Capital Markets

The U.S. and U.K. have established a joint Transatlantic Taskforce aimed at strengthening cooperation on capital markets and digital assets. The task force, announced on Sep. 22 by U.K. Chancellor of the Exchequer Rachel Reeves and U.S. Treasury Secretary Scott Bessent, will bring together officials from HM Treasury, the U.S. Treasury and market regulators across…

Why the hype won’t die despite endless doubts

What is Pi Network? Despite years of delays, opaque operations and widespread skepticism, Pi Network still commands a near cult-like following. Critics, however, have called the project “money-minded,” citing its reliance on in-app ads, referral-driven growth and centralized control of tokens. Some even allege that its Know Your Customer (KYC) requirements could allow the monetization…