Story (IP) price fell sharply to hit lows of $7.13 on Friday, extending losses amid profit taking. IP drops as selling pressure wipes out millions in positions across the market. Analysts say Story’s strong traction as a real-world assets platform could help IP price bounce. Story (IP), the token of the Story Protocol, has experienced a sharp correction in the past 24 hours. Amid a more than 25% dip, the IP token has erased most of the gains seen as bulls pushed to a new all-time high early this week. The losses have come amid heightened selling pressure as profit…
Author: cryphedge
BlackRock is extending its push into Bitcoin with a new fund designed to turn the asset’s volatility into investor yield.On Sept. 25, Bloomberg ETF analyst Eric Balchunas revealed that the firm had filed for a product called the iShares Bitcoin Premium ETF, a covered-call fund structured under the ’33 Act.Unlike a traditional spot ETF that passively tracks Bitcoin’s price, the new product would layer an income strategy on top of BTC exposure. It plans to hold Bitcoin or related instruments while writing covered calls against those holdings to earn premiums.Those premiums would then be distributed to investors as income, allowing…
UK Finance launches GBTD pilot with six banks to test tokenised sterling deposits until 2026. Quant Network to power digital pound pilot, exploring payments, remortgaging and bond settlement. FCA readies crypto rules by 2026 as UK tests tokenised deposits for safer, efficient transactions. UK Finance has launched a pilot programme for tokenised sterling deposits (GBTD), marking a step towards digital innovation in traditional banking. The initiative, announced on Friday, is being developed with six major banks—Barclays, HSBC, Lloyds Banking Group, NatWest, Nationwide and Santander—and will run until mid-2026. The pilot will test how tokenised deposits can modernise payments, reduce fraud,…
Key Highlights: Cipher Mining is upsizing its private offering of 0.00% convertible notes from $800 million to $1.1 billion, indicating a strong investor interest. The notes carry a conversion price of $16.03 per share which is about 37.5% above the last trade which was at $11.66. This offers investors flexible settlement in cash, stock or both. Cipher will use $1.08 billion to expand its data centres, HPC projects and limit stock dilutions. Cipher Mining Inc. (NASDAQ: CIFR), a leading developer and operator of large-scale industrial data centres, has completed the pricing of an increased private offering of $1.1 billion in…
Crypto Journalist Amin Ayan Crypto Journalist Amin Ayan About Author Amin Ayan is a crypto journalist with over four years of experience in the industry. He has contributed to leading publications such as Cryptonews, Investing.com, 99Bitcoins, and 24/7 Wall St. He has… Share Last updated: September 26, 2025 The global cryptocurrency market cap has dipped 2.2% over the past 24 hours, now standing at $3.83 trillion, according to the latest data. Trading volume is up to $237.1 billion, but major digital assets remain under downward pressure as investor sentiment weakens. TLDR: Crypto market slides deeper, with 9 of the top…
The crypto market is reeling after a sharp reversal that erased nearly all of its recent gains, with Bitcoin falling below $109,000, and Ethereum slipping under $4,000.The sell-off has left traders grappling with high volatility, forced liquidations, and a renewed sense of caution across digital assets.FOMC hangoverTimothy Misir, head of research at BRN, described the current downturn as a “post-FOMC hangover,” while pointing out that Bitcoin price dropped to as low as $108,652 during the week.According to Misir:“The move flushed highly leveraged longs and prompted a swift repricing: volatility spiked, puts were bought aggressively, and front-end skew moved materially higher.”Notably,…
Crypto Journalist Amin Ayan Crypto Journalist Amin Ayan About Author Amin Ayan is a crypto journalist with over four years of experience in the industry. He has contributed to leading publications such as Cryptonews, Investing.com, 99Bitcoins, and 24/7 Wall St. He has… Share Last updated: September 26, 2025 Aster, the decentralized perpetuals exchange backed by YZi Labs, known for its ties to Binance founder Changpeng Zhao, has reimbursed traders who suffered losses following an abnormal price spike in its XPL perpetual contract. Key Takeaways: Aster swiftly reimbursed traders in USDT after an XPL price glitch triggered forced liquidations. The spike…
Story HighlightsThe live price of the LINK token is $ 20.24435099.Price prediction for 2025 suggests a potential high of $32.Long-term forecasts indicate LINK could reach $195 by 2030.Chainlink has emerged as a game-changing decentralized oracle network, enabling smart contracts to connect seamlessly with real-world data, APIs, and traditional financial systems. As the crypto market evolves, Chainlink’s role continues to expand, especially with its Cross-Chain Interoperability Protocol (CCIP) gaining traction. Its native token, LINK, not only powers the ecosystem but has also caught the attention of investors and analysts. With LINK price showing signs of a potential breakout and strong on-chain fundamentals backing…
US market watchdogs are investigating several Digital Asset Treasury Companies following a pattern of unusual trading activity tied to their cryptocurrency acquisition plans, the Wall Street Journal (WSJ) has reported.The Securities and Exchange Commission (SEC) and the Financial Industry Regulatory Authority (FINRA) are reportedly examining whether these firms, or individuals connected to them, benefited from suspicious trades made before official announcements.Venture capitalist Mike Dudas described the situation as “a brewing bloodbath,” arguing that this type of enforcement is exactly what the SEC should prioritize to rebuild trust and transparency in digital markets.Insider tradingAccording to the report, the investigators believe some…
Crypto Journalist Amin Ayan Crypto Journalist Amin Ayan About Author Amin Ayan is a crypto journalist with over four years of experience in the industry. He has contributed to leading publications such as Cryptonews, Investing.com, 99Bitcoins, and 24/7 Wall St. He has… Share Last updated: September 26, 2025 Elon Musk’s AI firm, xAI, has filed a new lawsuit against OpenAI, accusing the ChatGPT creator of systematically poaching staff and stealing proprietary technology. Key Takeaways: xAI has sued OpenAI, alleging it poached key staff to access confidential tech behind its Grok chatbot. The lawsuit names former engineer Xuechen Li, who is…
