CMC Crypto News

The Chicago Mercantile Exchange shows record-high open interest for Bitcoin futures, signaling institutional appetite growth.

Ethereum price dropped below $4,000 on Thursday and Friday, triggering approximately $250 million in daily ETF outflows.

The revised filings include detailed staking provisions allowing funds to earn additional yield on Solana holdings.

The Trump-affiliated project destroyed 7.89 million WLFI tokens worth approximately $1.43 million.

A Baby Shark token that launched on Story Protocol has crashed over 90% after entertainment company Pinkfong denied any official connection to the project.

The People's Bank of China unveiled the facility as part of efforts to expand the currency's reach and reduce dependence on the USD.

The yield-generating product would use covered call options on BTC futures to collect premiums for regular distributions.

The proposed fund would directly hold HYPE tokens and offer in-kind redemptions, allowing shares to be exchanged for actual tokens instead of cash.

The funding will support data center expansion as crypto mining firms pivot toward AI infrastructure services.

Wilcke previously moved $262 million worth of Ethereum to Kraken in past transactions.

The stablecoin will enable instant payments for AI agents performing tasks like booking travel or purchasing items automatically.

This shift toward Bitcoin as foundational asset class stems from institutional-grade investment vehicles including spot ETFs like BlackRock's iShares Bitcoin Trust.

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.