If enacted, the Treasury Department will be required to produce a report on how the US strategic Bitcoin reserve would be custodied and kept safe.
Nasdaq-listed Lion Group plans to gradually convert its stash of 6,629 Solana and over one million Sui into Hyperliquid tokens.
Buyers are trying to sustain Bitcoin above $112,500, but the upside may remain capped until the whales reduce their selling and treasury companies increase their demand.
The absence of new buyers, weak spot Ethereum inflows and declining network activity have put ETH price at risk of dropping to $3,500.
MoonPay, Agora, Paxos, Frax and others are challenging Stripe’s Bridge proposal to issue Hyperliquid’s USDH stablecoin, pushing for community rewards.
Forward Industry’s $1.6 billion SOL corporate treasury would be nearly triple the size of the largest existing Solana reserve.
XRP price has painted a classic bullish reversal pattern against Bitcoin, eyeing gains of over 100% in the coming months.
Ethereum layer-2 Kinto’s token plummeted after its team announced its blockchain would wind down on Sept. 30, months after a $1.6 million hack.
A Messari analyst says Ethereum is “dying” as revenue fell 44% in August. Others argue it’s a flawed way to measure the blockchain’s success.
Crypto traders are weighing which major asset might lead the next upward move as risk appetite cools, according to Santiment.