Author: CryptoHoppers
Key NotesEthereum price rebounded above $4,000 after touching a 50-day low at $3,927.Beaconchain data shows 2,589 ETH staked in 24 hours, absorbing $11 million from market supply.T Rex’s $32 million BitMine ETF inflows reflect strong institutional demand for ETH despite weak sentiment. Ethereum price rebounded above $4,000 on Saturday, Sept 25, after briefly plunging below the critical level on Friday for the first time in 50 days. Despite thin weekend liquidity, Ethereum has managed a 2.2% intraday price rally, supported by visible on-chain flows. Coinmarketcap data shows ETH rebounded from intraday lows of $3,927 to reach $4,021 by Saturday evening,…
As the Bitcoin price retreats below the $110,000 support level, two risky chart patterns have formed while exchange-traded fund (ETF) outflows rise. Summary Bitcoin price has formed a head-and-shoulders pattern. BTC has also formed a rising wedge pattern on the weekly chart. Bitcoin ETF inflows have slowed for two consecutive weeks. Bitcoin price retreats amid ETF weakness At last check on Saturday, September 27, Bitcoin (BTC) was trading at approximately $109,600. That’s down 12% from its all-time high. It is also hovering at its lowest level since September 2. BTC and other cryptocurrencies pulled back this week as demand from…
Key Takeaways Circle plans to launch an on-chain refund protocol for its Arc blockchain to address fraud and compliance issues in stablecoin transactions. The Refund Protocol will use escrow and arbiter-resolved refunds to let treasury teams and banks manage disputes fully on-chain. Share this article Circle plans to introduce an on-chain refund protocol for its Arc blockchain to address fraud and compliance issues in stablecoin transactions.The Refund Protocol will hold disputed payments in escrow and enable arbiter-resolved refunds, providing a mechanism for treasury teams and banks to manage transaction disputes directly on-chain.Arc was introduced in August 2025 as an enterprise-grade…
TLDR: xAI claims OpenAI poached engineers with insider access to Grok training methods and Colossus cluster strategies. Lawsuit details theft of Grok source code, NVIDIA GPU deployment data, and data center scaling playbooks. OpenAI recruiter allegedly used encrypted Signal chats to offer multi-million dollar packages to xAI staff. xAI seeks injunction, destruction of stolen data, and full jury trial with punitive damages. The battle for AI dominance has escalated. Elon Musk’s xAI has taken OpenAI to federal court, accusing it of orchestrating a plan to steal trade secrets and lure away key employees. The lawsuit points to Grok model data,…
‘Capitalism is awesome’: More crypto DATs to come, but consolidation around the corner, says Blockchain.com CEO
Digital asset treasury bull Peter Smith, co-founder and CEO of Blockchain.com, sees the trend of publicly-listed companies adopting crypto treasury strategies continuing for some time, although he expects a wave of mergers and acquisitions.”More and more are going to come, until we run out of management teams or shells. Capitalism is awesome like that,” Smith told The Block. “At some point, though, we sort of run out of steam, and then it gets really interesting because then you’ll see a lot of consolidation … the really good management teams and sponsors will consolidate a lot of the space at a preferential…
TLDR: Mirae Asset manages $316B and now partners with Avalanche to bring fund tokenization research and pilot projects to life. The collaboration will explore tokenized funds in the U.S., Hong Kong, and other regulated global financial markets. Ava Labs’ blockchain will power on-chain settlement, portfolio tools, and institutional integration with partners worldwide. Mirae’s Global X brand and 16-region presence provide a massive network to test tokenized financial products. A major player in asset management is stepping into on-chain finance. Mirae Asset Global Investments has joined forces with Ava Labs, the developer of Avalanche, to bring traditional funds onto blockchain rails.…
SoftBank and ARK Invest in discussions to join Tether’s multibillion-dollar funding round
Key Takeaways SoftBank and ARK are reportedly in discussions to participate in Tether’s upcoming $15-20 billion funding round, valuing Tether at around $500 billion. Tether is seeking new capital to expand beyond its core stablecoin business; USDT currently dominates the stablecoin market with over $170 billion in market cap. Share this article SoftBank, a Japanese investment conglomerate, and ARK Invest, a US-based investment firm focused on disruptive innovation, are in talks to participate in a major funding round for Tether, the issuer of the world’s largest stablecoin USDT, Bloomberg reported today.Tether is seeking $15-20 billion in new capital through a…
Judge Rules Against Justin Sun in Bid to Block Bloomberg’s Crypto Publication
TLDR A US judge denied Justin Sun’s attempt to prevent Bloomberg from publishing his cryptocurrency holdings. The court ruled that Sun failed to prove Bloomberg had promised confidentiality regarding his assets. Sun’s own public disclosures of his Bitcoin holdings weakened his argument about security risks. The decision marks a setback for Justin Sun in his ongoing legal battles involving his crypto assets. The case adds to Sun’s legal challenges, including the ongoing SEC lawsuit over unregistered securities. A US judge has denied Justin Sun’s attempt to prevent Bloomberg from publishing details about his cryptocurrency holdings. On Monday, Judge Colm Connolly…
Tom Lee, Fundstrat co-founder and recent BitMine Immersion Technologies Chairman, has crowned Ethereum (ETH) as a “truly neutral chain” set to become Wall Street’s blockchain of choice.With rising adoption, stablecoin growth, and real-world asset tokenization, Lee believes ETH could soar to $10,000–$12,000 by the end of 2025.Ethereum: The Wall Street Top ChoiceSpeaking at the Korea Blockchain Week 2025, Lee said Ethereum’s neutrality makes it stand out from other networks as it doesn’t tilt in favor of anyone. According to him, this neutrality is exactly what big financial institutions want.Institutional interest in Ethereum is accelerating rapidly. According to an Ernst &…
Key Takeaways DDC Enterprise acquired 50 more Bitcoin, raising its total to 1,058 BTC. The company’s position is 45th on the Bitcoin 100 Ranking. Share this article DDC Enterprise, a US-based public company, acquired 50 more Bitcoin today, bringing its total holdings to 1,058 BTC and strengthening its position to 45th on the Bitcoin 100 Ranking.The company has rapidly expanded its Bitcoin treasury since May 2025, achieving a 1,798% yield on its strategy by early September. DDC Enterprise aims to reach 10,000 BTC by the end of 2025 as part of its treasury accumulation plan.Corporate Bitcoin adoption has accelerated in…