Solana started a fresh decline from the $250 zone. SOL price is now showing bearish signs and might even decline toward the $200 support. SOL price started a fresh decline below $240 and $230 against the US Dollar. The price is now trading below $220 and the 100-hourly simple moving average. There is a key bearish trend line forming with resistance at $222 on the hourly chart of the SOL/USD pair (data source from Kraken). The price could extend losses if it stays below $215 and $222. Solana Price Dips…
Month: September 2025
XRP Price Struggles to Hold – Fresh Decline Risk Grows for the Token
Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance with his keen insights and astute chart analysis. From a young age, Aayush exhibited a natural aptitude for deciphering complex systems and unraveling patterns. Fueled by an insatiable curiosity for understanding market dynamics, he embarked…
ARK Invest acquires Alibaba shares for first time in four years
Key Takeaways ARK Invest, led by Cathie Wood, bought Alibaba shares for the first time since 2021. Alibaba’s stock is up 97% year-to-date in 2025, reflecting a resurgence in Chinese tech. Share this article ARK Invest purchased shares of Alibaba Group Holding Ltd. for the first time in four years today, marking founder Cathie Wood’s return to the Chinese e-commerce giant. The investment management firm, known for its focus on disruptive innovation across sectors like AI and genomics, last acquired Alibaba stock in 2021. The purchase comes as the Chinese…
SOL Leverage Longs Jump Ship, Is $200 Next?
Key takeaways: SOL’s funding rates show cautious sentiment, yet historical patterns highlight potential short-term price gains. Declining network usage and competition weigh on SOL, though treasury strategies and fundamentals remain supportive. Solana’s native token, SOL (SOL), dropped to a two-week low of $213 on Tuesday, reflecting heightened risk aversion across the cryptocurrency market. The initial optimism that followed the US interest rate cut on Wednesday quickly dissipated as concerns about the labor market and mounting inflationary pressures resurfaced. Over a 48-hour span, SOL’s price declined 12%, triggering $112 million in…
UXLINK Falls Victim to $11.3 Million Exploit, Token Plunges By Over 70%
UXLINK suffered an exploit on September 22 that drained over $11.3 million in assets from the project. The incident involved hackers who took advantage of a vulnerability in the project’s multi-signature wallet that let them gain admin rights. Details of the Breach Blockchain security firm CyversAlerts alerted the community to the breach via an X post, noting that it had detected $11.3 million in suspicious transactions involving the web3 social project. Their analysis reveals that the hacker used an Ethereum address to carry out a “delegateCall,” stripped away the admin…
Archetype closes third fund with over $100M in commitments
Crypto venture capital company Archetype said it closed over $100 million in total capital commitments for its third fund, Archetype III. The new fund is backed by institutional investors including pensions, academic endowments, funds of funds, sovereign wealth funds and family offices, the company said in a press release on Tuesday. Archetype’s funds are behind crypto companies such as Monad, Privy, Farcaster, Relay and Ritual. The company targets early-stage startups building onchain infrastructure, decentralized finance (DeFi) and emerging blockchain applications. The capital will be deployed on projects working on stablecoins,…
FTX Trust Seeks to Claw Back $1B from Genesis Digital
The entity responsible for handling cryptocurrency exchange FTX’s bankruptcy filed a lawsuit seeking to recover more than $1 billion in funds sent by its former CEO, Sam “SBF” Bankman-Fried. In a Monday filing in the US Bankruptcy Court for the District of Delaware, the FTX Recovery Trust filed a complaint against crypto mining company Genesis Digital Assets (GDA), its affiliates and two of its co-founders as part of its efforts to recover $1.15 billion of “commingled and misappropriated funds.” According to the filing, the funds were directly tied to Bankman-Fried’s “fraud…
CFTC explores stablecoins as tokenized collateral in derivatives
Key Takeaways The CFTC is exploring the use of stablecoins as tokenized collateral in U.S. derivatives markets, signaling growing integration of digital assets in traditional finance. Caroline D. Pham, Acting Chair of the CFTC, emphasized modernization of derivatives trading using blockchain and tokenized assets. Share this article The CFTC today announced it is exploring the use of stablecoins as tokenized collateral in U.S. derivatives markets, marking a significant step toward integrating digital assets into traditional financial infrastructure. Caroline D. Pham, the Acting Chair of the CFTC, outlined the initiative as…
Bitcoin Analysis Warns of a $108,000 Breakdown Next
Key points: Bitcoin faces problems recovering from its dip to $112,000 as traders agree on the odds of a fresh dip. Nasdaq Performance is on the radar as overheated RSI conditions raise concerns over a crypto knock-on effect. A senior Federal Reserve official puts faster interest-rate cuts on the table. Bitcoin (BTC) attempted to flip $113,000 to support on Wednesday as traders buckled up for BTC price weakness into Q4. BTC/USD one-hour chart. Source: Cointelegraph/TradingView New BTC price bottom targets include $108,000 Data from Cointelegraph Markets Pro and TradingView showed…
Short-Term Bitcoin Holders Are Capitulating — Bullish or Bearish Signal?
The Bitcoin market is currently at a crossroads that could make or mar its price trajectory. A certain cohort of investors is panic-selling, and their activities could either trigger a bounce or even further decline in BTC’s price. On-chain data analyzed by CryptoQuant revealed that Bitcoin short-term holders (STH) are capitulating. This means they are now realizing losses, and such a dynamic signals panic selling among this cohort of investors. STHs Are Panic-Selling According to a tweet thread, investors have moved more than 30,000 BTC to crypto exchanges at a…