Key takeaways: MYX token soared 1,400% to $18.42 in the past week on Trump-linked listings and other factors. Analysts warn of red flags warning of price plunging 70–85% next. MYX Finance (MYX) has exploded nearly 1,400% in a week, climbing to an all-time high of $18.42 on Wednesday. MYX/USDT daily price chart. Source: TradingView What is MYX Finance? MYX is a decentralized perpetual exchange that uses a unique system called the Matching Pool Mechanism (MPM). Instead of a standard order book or AMM, it matches traders through a shared pool…
Category: Bitcoin News
Polygon Experiences Finality Disruption Due to Bor/Erigon Node Bug
Polygon is experiencing a temporary delay in consensus finality because of a bug affecting the Bor and Erigon nodes, according to an official incident report on its status page. The issue, which began early on Wednesday, disrupted some Remote Procedure Call (RPC) services and caused apps built on the network to encounter access issues. While the Polygon blockchain remains live and continues producing blocks, a number of RPC providers and validators were forced to rewind to the last finalized block and resynchronize. The Polygon team confirmed that the bug is…
Asset Entities Rallies on Strive Merger to Make Bitcoin Play
Shares in the marketing firm Asset Entities (ASST) rose 52% in after-hours trading on Tuesday after its shareholders approved a merger with Vivek Ramaswamy’s Strive Enterprises to form a Bitcoin treasury company. Asset Entities said on Tuesday that a “strong majority” of shareholders voted for the merger with plans to raise $1.5 billion to buy Bitcoin (BTC). The new company will be renamed to Strive, Inc. and continue trading under the ticker ASST. Asset Entities shares closed trading on Tuesday up 17.8% at $6.28 and rallied over 52% after-hours to…
SEC delays Bitwise Dogecoin and Grayscale Hedera ETF decisions to November
The US Securities and Exchange Commission (SEC) delayed decisions on the Bitwise Dogecoin ETF and the Grayscale Hedera ETF, keeping both applications under review until November 12. On Tuesday, the SEC pushed back its deadline on NYSE Arca’s proposal to list the Bitwise Dogecoin ETF. The application was first filed in March and published in the Federal Register on March 17, beginning the statutory review period. That same day, the agency also extended its review of Grayscale’s application to list the Hedera ETF, setting the same November deadline. Grayscale updated…
How to Turn Crypto News into Trade Signals Using Grok 4
Key takeaways The AI crypto market is projected to expand from $3.7 billion in 2024 to $46.9 billion by 2034, highlighting the increasing reliance on AI tools like Grok 4 for trading. Launched in mid-2025, Grok 4 quickly became one of the most visited AI tools, with active users rising by 17%, a trend expected to grow as traders adopt it. Unlike basic news aggregators, Grok 4 offers real-time news analysis, sentiment evaluation and DeepSearch to filter noise and extract actionable trading insights. Regulatory updates, tech advancements and market sentiment…
NPM Hack Shows Supply Chain Threats Still Endanger Crypto
A recent Node Package Manager (NPM) attack stole just $50 worth of crypto, but industry experts say the incident highlights ongoing vulnerabilities for exchanges and software wallets. Charles Guillemet, the chief technology officer of hardware wallet company Ledger, said in a Tuesday X post that the attempted exploit was a “clear reminder” that software wallets and exchanges remain exposed to risks. If your funds sit in a software wallet or on an exchange, you’re one code execution away from losing everything,” he said, adding that supply-chain compromises remain a powerful…
Putin Advisor Says US Is Using Stablecoins To Devalue Its $37 Trillion Debt
An adviser to Russian President Vladimir Putin said the US is strategically using crypto and gold to devalue its debt to “urgently address the declining trust in the dollar.” “The US is now trying to rewrite the rules of the gold and cryptocurrency markets. Remember the size of their debt — $35 trillion. These two sectors (crypto and gold) are essentially alternatives to the traditional global currency system,” Anton Kobyakov said at a press briefing on Monday at the Eastern Economic Forum in Vladivostok, Russia, as reported by RussiaDirect. “As…
OpenSea Debuts NFT Reserve with CryptoPunk Purchase
NFT marketplace turned trading platform OpenSea on Monday said it launched a $1 million reserve dedicated to buying “culturally relevant” non-fungible tokens (NFTs). OpenSea kicked off its NFT reserve by buying a piece of digital art from the CryptoPunk collection — widely considered Ethereum’s first NFT profile picture (PFP) collection. “To us, culturally relevant NFTs are works that have made an impact: creatively, socially, or technologically,” OpenSea Chief Marketing Officer Adam Hollander told Cointelegraph. “They might represent a defining moment in NFT history, introduce a new artistic style, or come…
MoonPay, Agora Coalition Challenges Stripe For USDH Issuance
Stripe is facing pushback in its bid to issue Hyperliquid’s planned USDH stablecoin, as a coalition of crypto firms, including MoonPay, Agora and Rain lined up competing proposals alongside Paxos and Frax. In a Friday Discord message, the Hyperliquid team announced it wants to create a “Hyperliquid-first, Hyperliquid-aligned, and compliant USD stablecoin” with the USDH ticker. This was followed by the Native Markets teams submitting the first proposal, which would see Stripe’s stablecoin payment processor, Bridge, issue USDH. Native Market’s proposal promised to contribute “a meaningful share of its reserve…
Michael Saylor’s Strategy Buys $217M Bitcoin As Price Holds Firm
Michael Saylor’s Strategy, the world’s largest holder of Bitcoin, continued stacking the cryptocurrency as the BTC price edged up slightly last week. Strategy acquired 1,955 Bitcoin (BTC) for $217.4 million between Sept. 2 and 7, according to a Tuesday US Securities and Exchange Commission filing. The purchase was made at an average price of $111,196 per coin as the cryptocurrency briefly surged above $113,000 last Friday before slipping to around $110,000, according to CoinGecko. With the new acquisition, Strategy’s total Bitcoin holdings totaled 638,460 BTC as of Sunday, purchased for…