Criptomoeda Diario

MEXC Ventures has doubled down on its investment in the Ethena ecosystem, bringing its total exposure to $66 million, according to a press release shared with CoinDesk. The latest move includes a $14 million investment in ENA, the governance token of the Ethena protocol, building on a $16 million ENA purchase and $20 million acquisition of USDe made earlier this year. USDe is a synthetic stablecoin designed to track the value of the dollar without holding traditional reserves. Instead, it uses a combination of collateralized stablecoins and futures contracts. The stablecoin’s market capitalization has nearly tripled since early July from around $5.3 billion to now stand at $14.65 billion. Traditional stablecoins backed by cash and cash equivalents, including U.S. Treasurys, remain dominant, with the leader USDT having a $174.7 billion market capitalization. MEXC Ventures, the press release says, has already invested over $100 million in 40 investment projects. It has provided “enh...

OKX SG, the Singapore-based unit of OKX, said it is bringing the crypto exchange's integrated payments service, OXK Pay, to the city-state through a stablecoin-powered scan-to-pay service tie-up with Southeast Asia's "everyday everything" app, Grab. OKX SG, which received a major payment institution license from the country's central bank just over a year ago , will work with crypto infrastructure provider StraitsX to allow customers to pay for everyday expenses using the two largest U.S. dollar-pegged stablecoins, USDT, issued by Tether, and USDC, issued by Circle Internet (CRCL). The launch of OKX Pay is a sign of the increasing adoption of stablecoins in commercial networks across Asia and beyond. StraitsX’s XSGD stablecoin is already integrated with Alipay+ and Grab, which enables wallets like GCash, KakaoPay and Touch ’n Go e-wallets. In some emerging markets, stablecoins are already widely used for remittances and day-to-day commerce , often preferred for ...

Washington has a narrow window to deliver clear U.S. crypto rules, Ripple Chief Legal Officer Stuart Alderoty argues, urging lawmakers to “finish the job on crypto clarity.” In an op-ed published Monday on RealClearMarkets, Alderoty said the Securities and Exchange Commission has for the first time listed crypto clarity among its top priorities — signaling that “the time has come” for predictable oversight. He framed the issue as mainstream, not niche, pointing to consumer adoption and polling that shows broad support for stronger guardrails. Alderoty cited several data points to make the case. A National Cryptocurrency Association (NCA) survey with Harris Poll found roughly one in five U.S. adults owns crypto. Pew Research reported that a majority of Americans lack confidence that current ways to invest, trade or use crypto are reliable and safe. And a YouGov poll showed more Americans favor tighter crypto regulation than looser rules. He also referenced Chainalysis estimates ...

Keel, a new Solana-native capital allocator, debuted on Tuesday with a roadmap to channel up to $2.5 billion across decentralized finance (DeFi) and tokenized asset markets in the Solana (SOL) ecosystem. Keel is structured as being part of the Sky ecosystem, the long-running DeFi protocol formerly known as MakerDAO, as one of its autonomous units called "stars." That's part of Sky's major overhaul dubbed Endgame that includes creating smaller units, each of which is responsible for its own governance and innovation at the edge of the ecosystem. Sky is centered around issuing the USDS (USDS) and DAI (DAI) decentralized stablecoins, which have a combined supply of over $7 billion. Spark , the first of Sky's stars, has grown to more than $10 billion in total value locked (TVL) on Ethereum while allocating funds to over $1 billion in tokenized assets. Grove , the second unit launched earlier this year, is focused on collateralized loan obligations. Keel's manda...

SINGAPORE — SEC Commissioner Hester Peirce said Tuesday that the regulator is open to engaging with industry participants on tokenizing products, while emphasising the complexity of how these tokenized assets interact with their traditional counterparts. "We are willing to work with people who want to tokenize, we urge them to come talk to us," Peirce said while speaking at the Digital Assets Data Summit in Singapore. A tokenized security is a blockchain-based digital representation of ownership or rights in an underlying asset, such as stocks or bonds. It means the same security can exist in both traditional paper certificates and electronic certificates, as well as in blockchain-based tokens. The key issue Peirce pointed to is understanding how these different forms of the same security relate to and interact with one another. "Some of the questions are how does a tokenized security interact with other iterations of the security and other forms of that security,...

AllUnity, a German regulated e-money institution backed by DWS, Flow Traders, and Galaxy, and issuer of the EURAU euro stablecoin, has partnered with Privy, the crypto wallet infrastructure firm owned by Stripe. The move enables fintechs, e-commerce platforms, and enterprises to embed EURAU wallets directly into their applications. Users could then pay, receive, or hold digital euros, with the option to convert between stablecoins and fiat, the companies said on Monday. The integration also supports programmable treasury tools. For example, a business could automate payroll in EURAU or handle supplier payouts in real time, reducing reliance on traditional banking rails. Companies may also earn decentralized finance (DeFi) yield on idle balances, though such opportunities remain experimental, according to a press release. The deal positions EURAU within Stripe’s broader crypto ecosystem, giving it exposure to payments infrastructure already used by millions of merchants. While most ...

Global traditional finance (TradFi) payments system SWIFT said it is adding a blockchain-based ledger to its network. SWIFT is working with a group of over 30 financial institutions to build a ledger that could make cross-border payments 24/7, based on a prototype by Ethereum developers Consensys, according to an announcement on Monday . "The ledger will extend SWIFT's financial communication role into a digital environment, facilitating banks' movement of regulated tokenized value across digital ecosystems," SWIFT said. SWIFT is a messaging system that supports international bank transactions and is used by more than 11,000 financial institutions across over 200 countries. Facing suggestions that it could be made obsolete by adoption of digital assets, particularly stablecoins, SWIFT has been experimenting with blockchain technology and tokenization for several years to try and get on the front foot against this potential disruption. SWIFT said it envisages th...

Crypto credit firm Maple Finance and Elwood Technologies are joining forces to make it easier for large financial institutions to enter digital asset credit markets. The companies announced Monday that Maple’s on-chain lending and asset management platform will link up with Elwood’s execution, portfolio management, and risk tools. Maple, founded in 2021, specializes in structured lending products and yield strategies built on public blockchains. Elwood, the trading company backed by hedge-fund manager Alan Howard, provides connectivity to global crypto exchanges, custodians and fund administrators, along with analytics and risk monitoring tools for institutional investors. The collaboration targets a key friction point for traditional players. Banks and asset managers looking to diversify into digital assets face fragmented infrastructure and operational hurdles. By combining Maple’s lending expertise with Elwood’s institutional trading and risk systems, the firms aim to create a f...

The world of Digital Asset Treasury (DATs) has entered a new era, after Strive (ASST) announced an all-stock deal to acquire Semler Scientific (SMLR) this week. The deal marked the first merger of two publicly traded bitcoin treasuries, and according to a Wall Street banker familiar with the situation, this is just the start of a massive consolidation wave among the DATs. The banker, who opted to remain anonymous, outlined three scenarios for how DATS may evolve. Mergers to add more BTC The first of the three paths is the DAT-to-DAT mergers. Strive’s acquisition of Semler is the first clear example of unifying BTC holdings, boosting bitcoin per share, and establishing governance under one roof, the banker said. When it closes, the deal will create a new company that will hold nearly 11,000 BTC after Strive’s simultaneous $675 million purchase of 5,885 coins . It's worth noting that Semler’s shares had been trading below the value of its bitcoin, effectively assigning negati...

Analysts mapped a slow-grind path for bitcoin and flagged $112,000 as the trigger while gold advocate Peter Schiff revived the gold-versus-bitcoin debate by challenging Michael Saylor’s BTC treasury bet for his firm. CoinDesk Senior Analyst James van Straten said bitcoin’s market structure has shifted alongside gold’s repricing. He expects a slow, stair-step advance supported by steady ETF inflows, with 10–20% pullbacks along the way. He compared the setup to gold in the early 2000s, when prices climbed for years but often paused for healthy corrections. In his framing, bitcoin may sometimes lag gold and sometimes outperform it, yet he still sees bitcoin leading on total returns over a full cycle. Michaël van de Poppe focused on near-term levels. He called sub-$107,000 a buy zone, signaling where he thinks dip buyers are likely to step in. He also pointed to $112,000 as the ceiling to beat. A clean break and hold above $112,000 on UTC closes would, in his view, confirm strength ...

Stablecoin giants like Tether and Circle are profiting from the current high-interest rate environment while stablecoin holders see none of the returns, said Wormhole’s co-founder, Dan Reecer, at Mercado Bitcoin’s DAC 2025 event. Speaking as a panelist, he said the companies are effectively “printing money” by keeping the yield from the U.S. Treasuries backing their tokens. Tether, for example, reported $4.9 billion in net profit in the second quarter of the year. That has seen the company’s valuation soar to a reported $500 billion in a new funding round. As interest rates remain elevated, Reecer suggested it’s only a matter of time before users expect a share of that yield or move their funds elsewhere. Platforms like M^0 and Agora are already responding to that demand, he suggested. These projects allow stablecoin infrastructure to be built in a way that routes yield to applications or directly to end users, instead of the issuer capturing all of it. “If I’m holding USDC, I’m ...

China is reportedly making a bid to expand its influence in global gold markets by offering to hold foreign central bank reserves within its borders. According to Bloomberg , the People’s Bank of China has used the Shanghai Gold Exchange in recent months to pitch central banks in friendly countries on the idea. At least one Southeast Asian country has shown interest, people familiar with the matter told Bloomberg. The push would allow Beijing to strengthen its role as a bullion hub and reduce reliance on Western financial centers. Custodian services are a key part of that infrastructure, helping to attract more trading activity and enhance credibility. Gold analyst Jan Nieuwenhuijs noted on X that foreign central banks have technically been able to store gold in Shanghai since 2014, but uptake has been minimal so far. He added that one Southeast Asian country, possibly tied to the mBridge cross-border payments project, could be evaluating the option. The timing comes as central b...

Crypto mining firm TeraWulf (WULF) is planning to raise $3 billion in debt to expand its data center operations in a deal supported by Google, as the AI infrastructure arms race intensifies. The company, Bloomberg reports citing TeraWulf CEO Patrick Fleury, is working with Morgan Stanley to arrange the funding, which could launch as early as next month through high-yield bonds or leveraged loans. Credit rating agencies are evaluating the deal, and Google’s support may help it secure a stronger credit rating than would be typical for the firm. The AI industry’s hunger for data center space, chips, and electricity has attracted crypto miners unlikely partners, which already control power-intensive infrastructure that can be repurposed for AI workloads. Google, which recently increased its backstop for TeraWulf to $3.2 billion , now holds a 14% stake in the company. That support helped AI cloud platform Fluidstack expand its use of a TeraWulf-run data center in New York in August. ...

Some of crypto's momentum in Washington D.C. has stalled, a situation that may become worse if the U.S. government shuts down next week. You’re reading State of Crypto, a CoinDesk newsletter looking at the intersection of cryptocurrency and government. Click here to sign up for future editions. Slowing but not stopping The narrative The U.S. government seems headed toward a shutdown. While that won't directly affect crypto, the reverberations from the government shutting down will affect policymaking in the crypto world. Why it matters There are three major questions right now when it comes to market structure legislation: Will Congress pass a bill; when might Congress pass a bill; and how will a government shutdown affect this process? Beyond just Congress, a shutdown might affect regulators' rulemaking efforts, though that may not be as big an issue at the moment (depending, of course, on how long the shutdown lasts). Breaking it down Congress has until Sept. 30...

Corporate clients, mainly small and medium enterprises, account for between 10% and 15% of all assets under custody on Mercado Bitcoin, Brazil’s largest crypto exchange, according to Daniel Cunha, the firm’s head of corporate development. “These companies barely move more than 10% of their holdings at any given time,” Cunha told CoinDesk in an interview at the exchange’s DAC 2025 conference . “They’re here to hold, not trade.” The firms are primarily using bitcoin to protect their cash reserves from global volatility, he said, citing growing concern over inflation, currency devaluation and geopolitical instability. The trend grew when companies like Strategy (MSTR) started adopting bitcoin as a corporate treasury asset. Strategy now holds 639,835 BTC, making it the world’s largest corporate holder of the cryptocurrency. Publicly-traded companies, as a whole, hold over 1 million BTC, but how much small and medium enterprises hold isn’t known. Cunha did not reveal the exact figures t...

This is an analysis post by CoinDesk analyst and Chartered Market Technician Omkar Godbole. As we approach the final quarter of 2025, the following key charts provide valuable insights to help crypto traders navigate the evolving market landscape. Bullish seasonality Seasonal trends suggest a bullish Q4 outlook for both bitcoin (BTC) and ether (ETH), the top two cryptocurrencies by market capitalization. Since 2013, Bitcoin (BTC) has delivered an average return of 85% in the final quarter, according to data from Coinglass, making Q4 historically the strongest period for bulls. November stands out as the most bullish month, with an average gain of 46%, followed by October, which typically sees a 21% increase. Ether (ETH) also tends to perform well in the last three months of the year, although its strongest historical returns have been in the first quarter since inception. BTC's 50-week SMA support Bitcoin's price has dropped by 5% this week, consistent with the bearis...

China has quietly taken a bold step in its bid to expand the global footprint of its digital currency. On Thursday, the People’s Bank of China (PBOC) inaugurated an international operations centre for its central bank digital currency, the digital yuan (e-CNY) in Shanghai, according to a report from the South China Morning Post. PBOC Deputy Governor, Lu Lei, framed the move as part of a “historical inevitability” in payments innovation, with the aim of offering a more efficient, inclusive, and open global cross-border payment system. The initiative is intended to enhance settlement efficiency, and serve as building blocks toward a broader framework for e-CNY integration. China's CBDC push comes in the wake of the country pulling the brakes on tokenization efforts. Earlier this week, China's securities regulator warned some brokerages to pause their real-world asset (RWA) tokenization businesses in Hong Kong. Read more: China Pumps the Brakes on RWA Businesses in Hong Kong...

An ether (ETH) trade on Hyperliquid turned out to be the biggest liquidation hit in the past 24 hours as crypto traders took on more than $1.19 billion in leveraged positions amid a market downturn. Longs made up nearly 90% of the overall wipeout, per CoinGlass , leaving over 260,000 traders losing money and exposing the market’s bullish overcrowding. Ether bore the brunt with $448 million in liquidations, followed by bitcoin (BTC) at $278 million. Solana’s SOL (SOL), XRP (XRP), BNB Chain’s BNB (BNB) and dogecoin (DOGE) all saw tens of millions flushed out. But the single largest trade closure came on Hyperliquid — a $29.1 million ETH-USD long hit which is indicative of the growing role of decentralized perpetual exchanges in driving liquidations. Bybit handled the most overall liquidations at $311 million, but Hyperliquid followed closely with $281 million, ahead of Binance’s $243 million. For a relatively recent protocol that operates fully on-chain with no KYC or regulatory fi...

XRP’s push above $2.90 collapsed under heavy selling on Sept. 25, with a $277 million volume spike hammering price back to $2.75. The move erased more than $18 billion in market value over the past week and confirmed fresh resistance at $2.80, leaving traders bracing for a test of $2.70 support. News Background • XRP slid 5.83% over the Sept. 25–26 session, falling from $2.92 to $2.75 on heavy institutional selling. • A sharp rejection at $2.80 during the 17:00 hour triggered a 276.77 million volume spike — more than 2.5x the 24-hour average. • Despite SEC approval of the first U.S. XRP ETF, optimism has been offset by Powell’s warnings on valuations and rising Treasury yields. • Over the past week, XRP’s market value has contracted by $18.94 billion, down 10.22%, breaking below the $3.00 psychological threshold. Price Action Summary XRP traded between $2.92 and $2.74 — a 6.3% intraday range — before closing near $2.75. • Sellers dominated after $2.80 rejection on extreme vol...

The Australian treasury revealed a new draft proposal for crypto firms in the country, requiring them to hold licenses and be treated as financial products. The proposal would require crypto firms to hold financial service licenses, effectively bringing them under the wing of the country's securities regulator, Australian Securities and Investments Commission (ASIC). Digital asset platforms (DAPs) and tokenized custody platforms (TCPs) will fall under the same bracket as other financial intermediaries, and subject to the same licensing and consumer protection rules. Daniel Mulino, assistant treasurer, revealed the draft legislation on Thursday. Mulino explained that the plan is to bring crypto under existing financial services rules. "The final legislation will introduce a new framework for digital asset businesses in Australia. It will do so by extending existing financial services laws but in a targeted way," Mulino said. The treasury has opened the draft legislat...

Ether (ETH) led major cryptocurrencies lower during Thursday's Asian trading hours, as odds of a U.S. government shutdown hit record highs on the decentralized betting platform Polymarket. The price of Yes-side shares for the betting contract "U.S. government shutdown in 2025?" rose to 77%, the highest since the contract's launch in January. Traders are essentially pricing a 77% probability that the U.S. Office of Personnel Management will announce a shutdown due to a lapse in appropriations by Dec. 31. Meanwhile, the likelihood of a shutdown by Oct. 1 stood at 63%. According to media reports, the White House is preparing for large-scale job cuts in the event of a shutdown. On Wednesday, the Office of Management and Budget issued a memo asking agencies to prepare plans for staff reductions and furloughs if a spending bill is not passed next week. The government is reportedly expected to run out of money by the end of September. To prevent the resulting shutdown, ...

South Korean crypto exchange Upbit is about to be acquired by internet giant Naver, according to a report . The deal would bring Upbit's parent Dunamu under the umbrella of Naver Financial, making Dunamu a full subsidiary of Naver's financial arm, the report said. Upbit is one of the largest crypto exchanges in the crypto friendly country, while Naver operates multiple internet based services in South Korea, including Naver Pay. The deal is likely to be a stock swap deal with Naver Financial issuing new shares in the crypto exchange for Dunamu's current shares, the report added. Shares of Naver jumped over 7% to korean won 246,000 ($175) after reports of the Upbit acquisition came out. Reports of the deal come in the wake up of the South Korean government pushing to establish a framework for won-pegged stablecoins in the country. Naver and Dunamu were not immediately available for comment. source https://www.coindesk.com/business/2025/09/25/south-korean-crypto-exch...

Crypto exchange Gate has launched Gate Layer, a proprietary Layer 2 blockchain designed to boost transaction throughput and reduce costs, while simultaneously rolling out a major upgrade to the GT (GateToken) ecosystem Built on the OP Stack and fully compatible with Ethereum, Gate Layer is anchored by GateChain as its settlement layer, the company said in an emailed announcement on Wednesday. Gate is positioning Gate Layer as the backbone of its “All in Web3” strategy, launching tools such as Perp, a perpetuals hub with CEX-level liquidity; Gate Fun, a no-code incubator for token launches; and Meme Go, a real-time cross-chain meme token tracker. As part of the overhaul, GT will serve as the exclusive gas token for Gate Layer, while continuing its dual burn model. To date, over 180 million GT have been burned, about 60% of initial supply. Gate’s move follows a growing trend of major exchanges, including Coinbase with Base, launching their own Layer 2s to capture more user activity ...

Blockchain analytics firm Elliptic has secured a strategic investment from HSBC, making it the only company in the sector to be backed by four globally systemically important banks (G-SIBs). HSBC joins JPMorgan Chase, Santander and Wells Fargo on Elliptic’s investor roster. As part of the deal, Richard May, Group Head of Financial Crime at HSBC’s corporate and institutional banking arm, will take a seat on Elliptic’s board. Banking on blockchain oversight Elliptic’s technology is used by financial institutions, crypto exchanges and governments to monitor blockchain transactions for signs of financial crime. With HSBC’s investment, Elliptic says it will step up hiring and expand its footprint in financial services. “For over a decade, we’ve anticipated the enterprise adoption of digital assets and have invested in the robustness, scale and compliance capabilities required by global financial institutions,” said Elliptic CEO Simone Maini. “This is validation of our vision and the mar...

Bitcoin's (BTC) break below key support has prompted a flurry of 'buy the dip' calls on social media. However, liquidity trends suggest a potential for a deeper decline. BTC has dropped over 3% to $111,590 this week, piercing the widely-tracked 50- and 100-day simple moving averages (SMA). Both indicators have lost their upward momentum for the first time since April, now flatlining to signal caution for bulls. Meanwhile, mentions of "buy the dip" on social media have surged to their highest level in nearly a month, a telltale sign of bullish sentiment among retail investors, according to data tracking platform Santiment . The platform tracks "buy the dip" mentions using its social trends indicator, which analyses the volume of relevant keywords and phrases across Reddit, Telegram and X (formerly Twitter). A spike in these mentions is considered a contrarian signal by Santiment, meaning the ongoing price pullback in BTC could deepen. "Prices typ...

Broader crypto sentiment remained fragile amid risk-off flows, though DOGE showed resilience with consistent liquidity inflows. News Background Dogecoin (DOGE) consolidated in a tight band during the 24-hour window from September 23 at 03:00 to September 24 at 02:00, trading between $0.236 and $0.244. Early rallies at 06:00 and 16:00 tested the $0.244 mark, but repeated profit-taking capped upside momentum. Price Action Summary • DOGE fluctuated in a $0.008 range, equal to 3.28% of its trading spectrum. • Early session highs tested $0.244 but met with sustained selling pressure. • Final session hour (01:11–02:10) saw DOGE advance from $0.239 to $0.241 before consolidating at $0.240. • Net session gain of 1.37% from $0.237 open to $0.240 close underscores defensive bid despite volatility. Technical Analysis • Support: Strong base formed at $0.236–$0.240 zone with buyers stepping in on dips. • Resistance: $0.241–$0.244 remains firm ceiling after multiple rejections. • Volum...

Good Morning, Asia. Here's what's making news in the markets: In the lead-up to Seoul's Korea Blockchain Week, discussions about a Korean Won stablecoin were among the leading narratives. The idea carries political weight, positioning local currencies as digital alternatives to the U.S. dollar. However, despite the enthusiasm, most Asian currencies are hindered by capital controls that render them unsuitable for global circulation. That leaves the Hong Kong dollar as the region’s only truly usable stablecoin base. In Korea, a bill to legalize stablecoins is making its way through the country's legislative bodies. Lawmakers are clear that the initiative is not intended to globalize the Won; offshore use is impossible due to Korea's post-1997 rules aimed at preventing capital flight. South America's re-dollarization via USDT is an example of something lawmakers in Korea don't want. Instead, it's being pitched as a defense of monetary sovereignty agai...

Societe Generale-FORGE (SG-FORGE), the cryptocurrency-focused subsidiary of the French bank, has chosen the European arm of crypto exchange Bullish as the first venue to list the lender’s USD CoinVertible (USDCV) stablecoin. The dollar-denominated USDCV stablecoin, which SG Forge introduced on Ethereum and Solana back in June of this year , will list on Bullish Europe, the companies said on Tuesday. Bullish Global is also the owner of CoinDesk. The arrival of regulations around stablecoins has caught the attention of the financial industry. SG Forge’s USDCV stablecoin, like its euro-denominated counterpart (EURCV), is regulated under the Markets in Crypto-Assets regulation (MiCA). Although the GENIUS Act has been passed by the U.S. Congress, the full regulation is not yet in place, pointed out Jean-Marc Stenger, CEO of Societe Generale-FORGE. This means it will be some time before the bank’s stablecoins will be available to U.S. residents. “For the moment, we have clarity in Europe...

As bitcoin’s [BTC] recent sell-off accelerates, analysts are focusing on three critical price support levels that could shape the cryptocurrency’s near-term trajectory. The first key level is $112,000, identified by Swissblock Technologies. “As long as $112,000 holds and the Risk stays stable, BTC can rebuild strength,” Swissblock noted on X. The firm’s proprietary Bitcoin Risk Index aggregates on-chain valuation and cost-basis data to gauge market volatility—rising readings indicate risk aversion and potential price swings, while low or stable levels suggest bullish sentiment. On Monday, the risk index hovered near zero, signaling optimism despite BTC’s 1.7% drop to $112,600 in the past 24 hours, with prices briefly dipping as low as $111,717, according to CoinDesk data . Swissblock also highlighted $110,000 as a “lifeline support.” Historical charts reveal that in the December-January period, buyers struggled to hold BTC above this level, marking it as a significant zone to monit...

SEOUL, South Korea: World Liberty Financial will roll out a debit card and retail application “very soon,” co-founder Zak Folkman said during a panel at the ongoing Korea Blockchain Week 2025. The products are pitched as a way to plug the project’s stablecoin USD1 into everyday payments, including Apple Pay integration. The retail app is meant to merge peer-to-peer transfers with trading features. Both products are expected to form the core of World Liberty’s push into consumer markets. Separately, World Liberty said had it signed a memorandum of understanding with South Korean exchange Bithumb to explore business opportunities, though details of the tie-up remain unclear. source https://www.coindesk.com/markets/2025/09/23/trump-family-backed-world-liberty-financial-will-soon-launch-debit-card-retail-app

XRP collapsed in one of its heaviest trading days of 2025, tumbling nearly 5% as institutions unloaded into the REX-Osprey ETF debut. The sell-the-news dynamic erased $11 billion in market value and left the token fighting to defend critical $2.77 support. News Background • Inaugural U.S. XRP ETF (REX-Osprey) posted record $37.7 million first-day volume, the largest ETF launch of 2025. • Whale wallets moved $812 million in tokens between unknown addresses during the session. • Crypto derivatives saw $1.7 billion in liquidations, with 90% coming from long positions. • Fed policy pivot looms: September inflation cooled to 2.18%, with markets pricing a 50 bps cut before year-end. • Bitcoin dominance surged to 57.7% as capital rotated away from altcoins. Price Action Summary • XRP crashed from $2.87 to $2.77 in a 24-hour span (Sep 22 03:00–Sep 23 02:00 GMT), a 4.9% drop across a $0.14 range. • Flash crash at 06:00 GMT saw price plunge from $2.87 to $2.77 on 656.1M volume (6x dail...

Dogecoin endured a sharp overnight selloff, sliding from $0.27 to $0.25 during the September 21–22 session, as institutional traders offloaded positions on record volumes exceeding 2.15 billion tokens. The midnight rout carved through support levels and established fresh resistance zones, leaving DOGE consolidating around $0.25 as traders monitor for recovery or continuation lower. News Background • DOGE fell 7% over the 24-hour period ending September 22 at 02:00, retreating from $0.27 to $0.25. • Midnight trading saw a collapse from $0.26 to $0.25 on record 2.15 billion volume, dwarfing the 24-hour average of 344.8 million. • Analysts flagged a “1-2 pattern” formation that has historically preceded DOGE breakouts above $0.28–$0.30. Price Action Summary • DOGE’s range spanned $0.02 (≈8%) between a $0.27 high and $0.25 low. • Resistance solidified near $0.27 following repeated rejections. • Institutional support emerged around $0.25, with recovery attempts keeping DOGE ancho...

XRP endured a volatile 24-hour session from September 21 at 03:00 to September 22 at 02:00, swinging 3.46% between a $3.014 high and $2.910 low. The selloff coincided with the debut of the first U.S.-listed XRP ETF, which set records with $37.7 million in opening-day volume, but institutional profit-taking overwhelmed the bullish catalyst. News Background • First U.S.-listed XRP ETF launched September 21, generating $37.7 million in day-one volume — the largest ETF debut of 2025. • Federal Reserve policy easing remains in focus, with markets pricing near-certain September rate cuts that typically support digital assets. • Analysts warn of structural consolidation despite ETF momentum, with resistance persisting near $3.00. Price Action Summary • XRP fell 3.46% during the 24-hour period, collapsing from $3.01 to $2.91 before closing at $2.92. • Midnight crash drove price from $2.973 to $2.910, unleashing 261.22 million in volume — quadruple daily averages. • Liquidations totale...

This is a daily analysis by CoinDesk analyst and Chartered Market Technician Omkar Godbole. DXY vs BTC Last week, the Federal Reserve (Fed) delivered its first interest rate rate cut since December, while signaling more easing in the coming months. Yet, despite this dovish move, the dollar index (DXY), which tracks the greenback's value against major currencies, finished the week with a dragonfly doji on the weekly chart – a classic bullish reversal signal suggesting a USD rally ahead. The dragonfly doji gets its name from its distinctive “T” shape, which resembles the delicate wings of a dragonfly or the blade of a bamboo-copter toy. This pattern forms when the open, high, and close prices are nearly identical, accompanied by a long lower shadow that reflects a sharp price decline quickly reversed by buying pressure. The DXY initially fell on the news of the Fed rate cut, briefly dipping below the July low of 96.37, only to bounce back and end the week largely unchanged at 97.6...