Articles for category: Crypto

September 21, 2025

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Bitcoin Price Analysis: Key Levels to Monitor as Market Awaits Fed Data

The cryptocurrency market gears up for a pivotal week, with Bitcoin’s price hovering around significant levels that traders are closely monitoring. As BTC prepares to kick off another trading week, the price has settled just below the $116,000 mark, creating an atmosphere of anticipation and speculation among investors. Recent data from Cointelegraph Markets Pro and TradingView shows that Bitcoin (BTC/USD) is sandwiched between key support and resistance levels at approximately $114,000 and $117,200, respectively. These price points have been focal points for traders throughout the past week, influenced by macroeconomic shifts in the United States. Popular trader and analyst Rekt

September 21, 2025

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Bitcoin Price Watch: Key Levels to Monitor as Volatility Approaches

As Bitcoin (BTC) enters a new trading week, market participants are closely monitoring vital price levels that could signal forthcoming volatility. Currently, Bitcoin is trading just below the $116,000 mark, caught between significant support and resistance thresholds at $114,000 and $117,200, respectively. Recent data from Cointelegraph Markets Pro and TradingView reveals that Bitcoin is experiencing a tight range, a situation that has left traders speculating about potential price movements. Popular analyst Rekt Capital noted on X that the price has frequently retested the $114,000 support line, with resistance forming at approximately $117,200. “This creates a range-bound scenario that will soon

September 21, 2025

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Stablecoin Adoption Expected to Soar, Projected to Facilitate $4 Trillion in Cross-Border Transactions, EY Report Reveals

Stablecoin usage is on the rise among corporate entities and financial institutions, prompted by enhanced regulatory frameworks and potential cost reductions in global money transfers, according to a recent survey conducted by EY-Parthenon. The survey, which engaged 350 executives in June following the Senate’s passage of the GENIUS Act, found that 13% of respondents already utilize stablecoins, predominantly for cross-border transactions. Notably, a significant 54% of firms that do not currently use stablecoins indicated intentions to adopt these digital currencies within the upcoming six to twelve months. The GENIUS Act, enacted in July, is seen as a critical milestone in

September 21, 2025

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Wall Street Bank Jefferies Claims Crypto is Just Getting Started, Echoing ’96 Internet Boom

In a recent report targeting institutional investors, Jefferies, a prominent Wall Street investment bank, has drawn compelling comparisons between the current state of the cryptocurrency market and the early days of the internet in 1996. As many investors ponder whether they have missed the boat on crypto, Jefferies analysts assert that the digital asset ecosystem is still in its infancy, suggesting that substantial growth opportunities lie ahead. Since its launch of full coverage of the digital assets sector in September, Jefferies has fielded a flurry of inquiries from its clients, with the burning question being, “Am I too late to

September 21, 2025

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EU’s Proposed Chat Regulation May Drive Users Towards Web3 Solutions Amid Privacy Concerns

As European legislators progress toward a decision on the contentious “Chat Control” law, concerns are mounting regarding its implications for privacy and user trust in digital communication. Privacy advocates assert that the regulation, aimed at preventing and combating child sexual abuse, may inadvertently steer users away from traditional platforms in favor of decentralized Web3 alternatives. The focal point of the ongoing debate lies in the EU’s proposed legislation that mandates online platforms to scan private messages for illicit content before they are encrypted. This requirement has elicited strong criticism from various quarters, with detractors arguing it could introduce a backdoor

September 21, 2025

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Flora Growth Unveils $401M Treasury to Propel Zero Gravity AI Blockchain Initiative

Flora Growth, a cannabis company listed on Nasdaq, has announced a significant $401 million treasury initiative aimed at supporting its new blockchain project, Zero Gravity (0G), which focuses on decentralizing artificial intelligence infrastructure. This strategic move is structured through a private placement deal that combines $35 million in cash with an impressive $366 million in digital assets, predominantly composed of 0G tokens. In a recent statement, Flora Growth revealed its plans to rebrand as ZeroStack, while maintaining its existing Nasdaq ticker symbol, FLGC. This transformation underscores the company’s commitment to expanding its foothold in the burgeoning blockchain sector. The financing

September 21, 2025

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Flora Growth Unveils $401 Million Treasury Initiative for Zero Gravity AI Blockchain

Flora Growth, a cannabis company listed on Nasdaq, has announced the establishment of a $401 million treasury aimed at supporting its new blockchain initiative, Zero Gravity (0G), which focuses on developing decentralized artificial intelligence (AI) infrastructure. This bold move combines a private placement consisting of $35 million in cash and $366 million in digital assets, predominantly in the form of 0G tokens. As part of this strategic pivot, Flora Growth will undergo a rebranding to ZeroStack while maintaining its existing Nasdaq ticker, FLGC. The announcement was made public on Friday, showcasing the company’s commitment to the blockchain and AI sector.

September 21, 2025

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Vitalik Buterin Advocates for Low-Risk DeFi to Stabilize Ethereum Ecosystem

In a recent blog post, Ethereum co-founder Vitalik Buterin highlighted the potential of low-risk decentralized finance (DeFi) protocols to enhance economic stability within the Ethereum network. Buterin draws a parallel between this concept and Google, noting how Google’s search engine supports the company’s vast ecosystem. He emphasizes that by adopting low-risk DeFi, Ethereum can align its revenue-generating mechanisms with the cultural and ethical values that originally attracted its community. Buterin’s commentary comes at a time when the Ethereum community faces significant tensions surrounding the sustainability of apps that generate revenue. He pointed out a critical divide: while platforms offering non-fungible

September 21, 2025

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Kalshi Leads U.S. Prediction Market as Volume Soars Past Polymarket

Kalshi has firmly established itself as a frontrunner in the evolving landscape of prediction markets, demonstrating impressive trading volumes that far surpass its competition, Polymarket. Recent data from Dune Analytics highlights the trajectory of both platforms, signaling a significant uptick in U.S.-based trading activity. In the week spanning September 11 to 17, Kalshi captured an impressive 62% of the overall trading volume within the on-chain prediction market sector, a clear indication of its growing dominance. During this period, Kalshi reported a staggering trading volume exceeding $500 million along with an average open interest of approximately $189 million. In contrast, Polymarket

September 21, 2025

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YZi Labs Boosts Investment in Ethena to Accelerate USDe’s Growth

YZi Labs, a venture capital firm with a keen focus on technology, has announced an expansion of its investment in Ethena, a prominent stablecoin issuer known for its digital dollar, USDe. This strategic investment aims to facilitate the broader adoption of USDe across both decentralized and centralized financial platforms. The latest funding round will enable Ethena to enhance its USDe offerings on the BNB Chain, as well as advance the development of its new stablecoin, USDtb, and an institutional-level settlement infrastructure dubbed “Converge.” According to a statement from YZi Labs, these initiatives are in line with their commitment to foster