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1Bitget Daily Digest(September 12)|First US Spot XRP ETF Launches Today; Grayscale Applies to Convert Multi-Asset Trusts to ETFs; BTC Longs Face Increasing High Leverage Risk2XRP Loses Nearly 50% of Active On-Chain Accounts; Price Could Be at Risk While Breakout Remains Possible3Bitcoin Clears $112,000 Wall, Eyes Return to $120,000 as Hodlers Double Down
Buying Bitcoin years ago wouldn’t have made you rich today, trader says
Cointelegraph·2025/08/08 09:45
Bitcoin Energy Value metric says 'fair' BTC price is up to $167K
Cointelegraph·2025/08/08 09:45
Animoca establishes joint venture to seek Hong Kong stablecoin license
Cointime·2025/08/08 09:30

DeFi Project CrediX Allegedly Rug Pulls After $4.5 Million Hack
After a $4.5 million hack on August 4, CrediX's failure to reimburse users has sparked fears of a rug pull. Despite the hack, some platforms continue offering CrediX tokens, putting traders at risk. While the firm remains silent, blockchain data shows stolen funds moved through Tornado Cash.
BeInCrypto·2025/08/08 09:30

Bitcoin Consolidates Near $116K, Echoing Patterns Before Previous Surge to $100K
Coinotag·2025/08/08 09:10

Chainlink Sees Whale Accumulation: Could Price Break Above $20 With Continued Momentum?
Coinotag·2025/08/08 09:10

Animoca Brands Takes Bold Step Toward Stablecoin Licensing in Hong Kong
In Brief Animoca Brands begins the stablecoin licensing process in Hong Kong. Licensing aligns with Hong Kong Monetary Authority's regulations. Stablecoin plans aim to integrate Web3 and traditional finance.
Cointurk·2025/08/08 08:50

Ethereum Breaks Out as 2025 Pattern Matches Bitcoin’s 2020 Rally
Cryptonewsland·2025/08/08 08:45

TOTAL2 on the Verge of Breaking 2021 ATH, Analysts Expect God Candle for Altcoins Soon
Cryptonewsland·2025/08/08 08:45

ETH Just One Bullish Candle Away From Major Breakout, Target Set on $5,000 ETH ATH Price
Cryptonewsland·2025/08/08 08:45
Flash
- 18:38Data: 5.34 million LINK have been withdrawn from exchanges in the past 24 hoursAccording to Jinse Finance, on-chain analyst @ali_charts has monitored that in the past 24 hours, 5.34 million LINK have been withdrawn from exchanges.
- 18:13Derive co-founder proposes to increase DRV token supply by 50%Jinse Finance reported that Nick Forster, co-founder of Derive, has proposed expanding the supply of the native token DRV of the on-chain options exchange in order to retain core contributors and reach deals with institutional partners. The proposal was released on Friday, September 12. According to the proposal, Forster suggests issuing an additional 500 million DRV tokens, increasing the total supply by 50%. These tokens will be allocated to the Derive Foundation (which will be renamed from the original Lyra Foundation to reflect the protocol's former name). The proposal estimates that existing holders could be diluted by up to 8.25% per year over the next four years. "Neither the Foundation nor the BVI subsidiary has a sufficient token budget to execute strategic deals at the scale required to align interests for driving protocol adoption," Forster wrote in the proposal. In addition, the proposal disclosed that Derive has severed ties with team members and investors who supported a merger with Synthetix. The merger plan was jointly called off by both parties in May this year after Derive investors criticized it for undervaluing the on-chain options platform.
- 17:52USDe supply surpasses 13 billion, reaching a new all-time highJinse Finance reported that, according to data from the DeFilama platform, as of September 13, the supply of USDe has surpassed 13 billion, reaching 13.3 billion, setting a new all-time high. The increase over the past 7 days was 4.87%.