Day: September 11, 2025

Web3 IPOs Remain Hot as Gemini Oversubscribed, Figure up 24%

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Gemini’s upcoming initial public offering (IPO), expected Friday, has reportedly been oversubscribed more than 20 times, as crypto and blockchain companies continue to attract investor attention. According to Reuters on Thursday, citing people familiar with the matter, Gemini and its bankers stopped accepting new orders for shares on Thursday, ahead of the crypto exchange’s debut. The move, called “unusual” in an IPO, reportedly capped proceeds at $425 million. Gemini had initially upped its raise to $433 million, with its prospective listing share price ranging between $24 and $26, from $17…

US Court To Hear Arguments For Sam Bankman-Fried’s Appeal On Nov. 4

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Former FTX CEO Sam “SBF” Bankman-Fried, serving a 25-year sentence after his conviction on seven felony counts, will take the next step in his appeals process with a hearing scheduled for November. According to a Wednesday notice in the US Court of Appeals for the Second Circuit, Bankman-Fried’s appeals case has been calendared for arguments on Nov. 4. The court proceeding will mark the first significant movement in the former CEO’s criminal case since his transfer from a New York City facility in March to one in California.  The hearing…

Consensys Treasury moves 15% LINEA allocation to qualified custodian for long-term storage

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Key Takeaways Consensys Treasury is transferring its 15% LINEA token allocation to a qualified, regulated custodian for secure, long-term storage. The custodian provides regulatory compliance and insurance coverage for the stored LINEA tokens. Share this article Consensys Treasury is moving its 15% LINEA token allocation to a qualified custodian for secure, long-term storage today. The assets will be held by regulated and insured entities that specialize in crypto asset custody. These qualified custodians maintain regulatory compliance and provide insurance coverage for digital assets under their management. LINEA, an Ethereum layer-2…

Pundit Reveals What XRP Price Will Be If Ethereum Hits $25,000

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Crypto analyst Whale Guru has outlined his targets for altcoins on their next massive pump to the upside. He predicted that the Ethereum price would reach as high as $25,000 and expects the XRP price to reach triple digits.  XRP Price To Reach $300 As Ethereum Rallies To $25,000 In an X post, Whale Guru predicted that the XRP price would reach $300 as Ethereum rallies to $25,000. He highlighted these price levels as his targets for the next pump to the upside. Meanwhile, the analyst also predicted that SOL…

XRP Price Is Ready To Break Out, But You Should Watch Out For $3.13

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The XRP price is drawing attention this week as traders watch for signs of a potential upward move. Market analyst Egrag Crypto says the token is pressing hard against a falling wedge pattern and could be close to breaking out. According to the analyst, the lines are converging on the current price, and this could be the stage where momentum shifts quickly. XRP Price Pushes Toward Breakout From Falling Wedge Egrag Crypto says XRP is standing on the edge of what he calls a “significant structural breakout.” For weeks, the…

Avalanche Aims To Raise $1B Tor AVAX Treasury Vehicles

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Avalanche Foundation, a nonprofit behind the cryptocurrency Avalanche, is reportedly raising $1 billion to launch digital asset treasury projects and accumulation projects. Avalanche Foundation is in active discussions with investors to launch a digital asset treasury company and convert another company into a “crypto-hoarding” vehicle, the Financial Times reported on Thursday, citing sources familiar with the matter. The nonprofit reportedly expects to raise $1 billion in funding, which would be used to purchase Avalanche (AVAX) from the foundation at a discounted price. Avalanche is the 21st largest cryptocurrency by market…

BNB Blasts to New All-Time High at $907 After 191% Yearly Surge

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TL;DR BNB breaks $907 ATH, clearing $880 resistance, with new near-term targets set at $1,000–$1,050. Analyst Crypto Patel projects a long-term BNB cycle, with multi-year targets ranging from $1,217 to $5,455. CoinGlass data shows $152M shorts vulnerable if BNB breaks $1,000, raising short squeeze potential. Breakout to New Highs Binance Coin (BNB) has set a new all-time high at $907, moving past its earlier peak near $900. The rise followed the announcement that Binance and Franklin Templeton will collaborate on digital asset products for global markets. At press time, BNB…

Quantum computers could bring lost Bitcoin back to life: Here’s how

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What is quantum technology? Quantum technology can process an enormous amount of data and solve complex problems in seconds rather than decades. Remarkably, quantum technology first appeared in the early 1900s. It originated from quantum mechanics, a branch of physics that examines how matter and energy behave at extremely small scales, such as atoms and subatomic particles.  In the real world, it’s applied in modern technologies such as transistors, lasers, MRI machines and quantum computers. These are said to be 300,000 times faster and more powerful than the ones used…