Month: September 2025

CleanSpark Adds Second $100M Bitcoin Credit Line This Week

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Bitcoin mining company CleanSpark secured its second $100 million credit line this week without issuing new shares, highlighting the growing role of digital assets as collateral in mainstream finance. The latest facility, disclosed Thursday, was arranged with Two Prime, an institutional Bitcoin (BTC) yield platform, and is backed entirely by CleanSpark’s Bitcoin treasury. With this agreement, CleanSpark’s total collateralized lending capacity is now $400 million. The non-dilutive nature of the financing is particularly notable. Public companies often raise growth capital through equity offerings, which can dilute existing shareholders’ stakes. By…

Eliza Labs announces migration from $ai16z token to $elizaOS

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Key Takeaways Eliza Labs is migrating from the experimental $ai16z token to the new $elizaOS token powered by Chainlink’s CCIP. $elizaOS enables autonomous AI agents to operate seamlessly across Solana, Base, and Ethereum, supporting a $20B ecosystem. Share this article Eliza Labs, formerly known as ai16z, a top open-source GitHub repository supporting a $20 billion agentic ecosystem, announced on Friday that it is migrating from its experimental $ai16z token to $elizaOS. Powered by Chainlink’s CCIP, the $elizaOS token enables autonomous AI agents to function seamlessly across networks such as Solana,…

M2 Capital Invests $20M in Ethena as TVL Approaches $15B

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M2 Capital, the investment arm of UAE-based M2 Holdings, invested $20 million in ENA, the governance token for Ethena, a crypto-native synthetic dollar protocol built on Ethereum. M2 Holdings, a conglomerate with digital asset exposure across custody, investment and wealth management, plans to integrate Ethena (ENA) products into client offerings through its affiliate, M2 Global Wealth Limited, according to a Thursday announcement. “M2’s investment in Ethena marks another important step forward for the Middle East’s most sophisticated digital asset investors,” said Kim Wong, managing director and head of treasury at…

The Data Proving Bitcoin Outperforms Gold Despite Volatility

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Bitcoin’s risk-adjusted performance continues to stand out against gold, even amid periods of extreme volatility. This has raised questions about the traditional role of gold in investment portfolios. Year-to-date, gold has risen 39% compared to Bitcoin’s 19%, but historical cycles suggest that BTC may deliver far superior performance when accounting for risk. Bitcoin’s Risk-Reward Profile During the 2017 bull market, Bitcoin surged roughly 1,300%, and produced a Sharpe ratio of 1.4 despite extreme price swings, while gold’s 13% gain over the same period yielded a Sharpe ratio of just 0.8.…

Aster Fuels Perpetual DEX Volume Surge to Record $70B Amid Incentive Frenzy

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Perpetual trading volumes on decentralized exchanges (DEXs) surged to an all-time high of $70 billion on Thursday, driven by Aster, a new derivatives platform on BNB Chain.  Perpetual DEXs have surged to record volumes on three consecutive days as decentralized perpetuals activity heated up. On Tuesday, the overall volume for perp DEXs hit $52 billion, followed by $67 billion on Wednesday.  The volume topped $70 billion on Thursday, highlighting renewed momentum in the decentralized finance (DeFi) derivatives markets.  Aster topped the leaderboard with almost $36 billion in 24-hour trading volume,…

Bitcoin Gets $90K Calls Amid a ‘Slowdown’ in ETF Inflows

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Key takeaways: The slowdown in spot Bitcoin ETF flows signals weak institutional demand, hinting at a cooling bullish sentiment  $108,000 is a short-term target for the bears, with some BTC analysts predicting a drop to $90,000. Bitcoin (BTC) sellers emerged again on Thursday as the drop to $111,000 sparked fears that a further correction toward $90,000 might be on the horizon. BTC/USD hourly chart. Source: Cointelegraph/TradingView Bitcoin ETF demand weakens Institutional investors are reducing their exposure to spot Bitcoin exchange-traded funds (ETFs) following the recent weakness in BTC price.  Inflows…

Nine European banks to launch euro-denominated stablecoin

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Key Takeaways Nine major European banks, including ING, Banca Sella, KBC, Danske Bank, and UniCredit, plan to launch a euro-denominated stablecoin. The consortium has been formed and is headquartered in the Netherlands, where it is seeking a license as an e-money institution supervised by the Dutch Central Bank. Share this article Nine European banks announced plans today to launch a euro-denominated stablecoin. The consortium includes major financial institutions ING, a Netherlands-based multinational bank, Banca Sella, KBC, Danske Bank, and UniCredit. The stablecoin launch aligns with the EU’s Markets in Crypto-Assets…

Nansen Launches AI Agent, Targets Autonomous Cryptocurrency Trading For Q4

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Crypto intelligence platform Nansen is rolling out an artificial intelligence agent designed to make onchain cryptocurrency trading more intuitive, in a move it says could shift more value back to public blockchains such as Ethereum. The company announced Thursday that it is launching Nansen AI, a mobile agent that uses natural conversation instead of trading charts to deliver market insights. The new trading interface seeks to eliminate traditional trading charts and offer an AI agent as the main interface for onchain trading, delivering insights through what Nansen calls “natural conversation”…

Good News for Ripple? Flare Launches First FAssets for XRP on Mainnet

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The layer-1 decentralized finance (DeFi) interoperability network, Flare, has launched the first FAsset on its mainnet. This product, called FXRP v1.2, is designed for XRP holders, enabling them to leverage their assets across the DeFi ecosystem. According to a press release shared with CryptoPotato, FXRP minting will be capped at 5 million tokens for the first week, while Flare rolls out incentives to ensure sustainable growth. The team behind the interoperability network says the launch of FXRP marks the start of the XRP DeFi awakening. FXRP Goes Live on Flare…

Fitell Becomes Australia’s First Solana Treasury Firm With $10M Buy

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Australian fitness equipment maker Fitell fell 21% on Wednesday after announcing it bought more than 46,000 Solana for around $10 million. The Nasdaq-listed company closed Wednesday’s trading session at $6.65, only making a mere increase of 0.15% and closed the after-hours session at $6.66, according to Google Finance. Shares of Fitell dropped to $6.65 at the end of Wednesday’s trading session. Source: Google Finance. Fitell is now at least the fifth company this week that has seemingly disappointed its shareholders with crypto buying.  Earlier this week, shares of Medical device…