CMC Crypto News

The rapid market capitalization growth to over $2.2 billion established XPL among top stablecoin ecosystems by liquidity metrics.

Long-term holders have realized 3.4 million Bitcoin in profits, while ETF inflows slowed significantly.

Both Solana and DOGE suffered heavier losses, dropping 7.7% and 7.6% respectively to trade at $197.52 and $0.23.

Grayscale received approval for the first U.S. multi-asset crypto ETF on Sept. 17, holding Bitcoin, Ethereum, XRP, Solana, and ADA.

This strategic backing will support USDe expansion and accelerate development of USDtb, a treasury-backed stablecoin variant.

Ethena's total value locked is approaching $14.5 billion, according to current data, with the protocol generating $666.82 million in fees over the past year.

PayPal's stablecoin integration represents a significant milestone for institutional DeFi adoption.

The Ethereum treasury firm holds over 838,000 ETH, worth approximately $3.3 billion, making it the second-largest public holder.

$377 million in crypto liquidations came from long positions, highlighting the severity of the crypto market downturn.

This unprecedented approach enables live blockchain operation without forcing individual nodes to process full datasets, according to the Ethereum co-founder.

The proposed framework would subject crypto businesses to comprehensive regulatory oversight similar to traditional financial intermediaries.

The transaction would integrate Upbit, the nation's largest digital asset exchange, into Naver's expanding financial services ecosystem.

Benchmark Equity Research reaffirmed Metaplanet’s "Buy" rating while setting a 2,400 yen price target for late 2026.

Recovery efforts brought Ethereum back to approximately $4,037, though the asset remains down 2.91% over the past 24 hours.

DeFi Development currently holds around $452 million worth of Solana but trades at just a $395 million market cap.

The platform allows companies to issue stablecoins without securing their own licenses or building custom infrastructure.

The lawmakers expressed concerns about their roles in UAE deals connected to World Liberty Financial's $2 billion investment.

PWEASE token later gave up much of its gains, dropping 24% to a $4.65 million market capitalization, according to DEX Screener data.