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Metaplanet Plunges 8% As UBS Joins Morgan Stanley In Shorting Bitcoin Treasury Giant

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Metaplanet shares plunged 8% after UBS reopened a short position, joining Morgan Stanley in betting against Asia’s largest Bitcoin holder. UBS had closed an earlier short but re-entered with a 73.1 million share position, underscoring mounting pressure from Wall Street as a weak Bitcoin price and Metaplanet’s sliding share price threaten to undermine both its business model and its ability to raise funds for more purchases. Investment banks including Jefferies and JPMorgan also remain short, though some peers like Goldman Sachs and Citigroup have recently cut back their positions. When investors short a stock, they are betting that its share price will drop.  Metaplanet’s share price is now down more than 31% over the past month, according to Google Finance .  Metaplanet share price (Source: Google Finance) Bitcoin is down almost 3% in the past month. Morgan Stanley Is The Biggest Short Morgan Stanley MUFG has the largest short position on the Bit...

Metaverse Is Rising Again – Records +13K NFT Users In August 2025

The metaverse, the virtual world that once took the non-fungible token community by storm, is showcasing some signs of life after several years of silence. The metaverse sector came into the limelight in 2021, during the historic non-fungible token market bull run, before fading for several years. In August 2025, the sector came back to life, recording 13,927 crypto users, up 27% from July 2025. Metaverse NFTs Are Rising Again Data compiled by DappRadar.com, one of the leading non-fungible token aggregators in the non-fungible token sector, shows that metaverse non-fungible token collections have started showing signs again. In August 2025, the Metaverse sector saw 13,927 users and a trading sales volume of $6.5 million. During this period, the Metaverse NFT users grew by over 27% from July 2025. Metaverse NFTs are showing signs of life again. August saw 13,927 sales, up 27% from July, with $6.5M in trading volume. Platforms like @TheSandboxGame, @Moca_Network, @OthersideMeta, an...

Ethereum Validator Slashing Puts Cardano’s Resilience In Focus – Here’s Why

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Binance Announces Support for Two Solana-Based AI and Memecoin-Focused Altcoins

The world’s largest crypto exchange platform by trading volume is adding support for two Solana (SOL)-based meme assets focused on artificial intelligence (AI). In a new announcement, Binance says it’s adding support for Holoworld AI (HOLO) – a digital asset ecosystem that allows users to create AI agents with personalities – as well as pump.fun (PUMP), a platform that lets users launch new meme assets. News of the listings preceded a rise for HOLO while PUMP saw a drop in price. HOLO is trading for $0.491 at time of writing, an 11.9% gain during the last 24 hours while PUMP is valued at $0.00538, a 3.3% dip on the day. On its official website, the team behind Holoworld AI says the protocol was made to create AI agents that can handle complex tasks. “Holoworld lets anyone create intelligent virtual beings, or ‘AI agents,’ that can talk, act, and engage across different platforms – no coding required. These aren’t just sim...

Predatory meme coins profit from Charlie Kirk’s murder

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As the world reacts to the tragic murder of American conservative activist Charlie Kirk, the incident has triggered a wave of meme cryptocurrencies linked to the media personality. Within hours of the shooting at Utah Valley University, where a sniper’s bullet fatally struck Kirk, developers began deploying a series of meme coins tied directly to his name and image, most of them supposedly calling for justice over his killing. Meme coins linked to Charlie Kirk. Source: DexScreener The most prominent of these is the Justice For Charlie (CHARLIE) token, which has already generated extraordinary trading volumes.  Data from decentralized exchanges (DEX) shows the Solana (SOL)-based meme coin surging to a peak of $0.0136 before retreating to $0.00886 at the time of writing.  CHARLIE one-day price chart. Source: DexScreener The token initially reached a $12.4 million market cap with $93 million in volume, but a sell-off reduced its liquidity to $1....

Trump Can't Stop This: BRICS Buys 60,000 Ounces of Gold To Hammer USD

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BRICS member China is accumulating gold for 10 months straight and diversifying its reserves to strike at the USD. The People’s Bank of China (PBOC) purchased 60,000 ounces of gold in August worth $215 million. Overall, China’s gold reserves have increased to $253.84 billion, making it 7.64% of its total foreign exchange reserves. The Communist country now holds 74.02 million ounces of gold in its reserves, according to the latest data from the country’s State Administration of Foreign Exchange. Also Read: China Releases BRICS Trade Index Showing Record Gains Since 2009 BRICS Sidelines USD in Central Bank Reserves, Hoard on Gold Source: Freepik.com Not just China, other BRICS countries like India, Brazil, Russia, and South Africa have been steadily accumulating gold. The strategic gold accumulation by BRICS is a response targeting the USD due to geopolitical uncertainty. “China released data today showing that its central bank has increased its gold holdings for the tenth co...

President Trump’s Truth Social To Allow Subscribers To Convert Loyalty Points Into Cronos (CRO) Tokens

The social media platform Truth Social announced the launch of a cryptocurrency rewards program that allows users to earn digital tokens through platform engagement. According to a press release, the update introduces a feature called “Truth gems” for premium subscribers, which can be converted into Cronos (CRO) cryptocurrency using infrastructure provided by Crypto.com. Users earn these digital rewards by participating in various activities across Truth Social and its streaming service Truth+. Trump Media and Technology Group said the crypto integration is part of its expanded premium subscription service called the Patriot Package. The company operates Truth Social, the Truth+ streaming platform, and a financial technology brand. The cryptocurrency feature is part of social media platforms experimenting with digital asset rewards. In June, Truth Social filed with the U.S. Securities and Exchange Commission (SEC) for a joint Bitcoin (BTC) and Ethere...

Solana Rally in Sight? Traders Eye Breakout That Could Push SOL Toward $250

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XRP Faces Resistance at $2.90: Breach Could Send it to $3.50

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Ripple’s XRP token seems to be facing some resistance at the $2.90 price level. CoinGecko data shows that XRP has rallied 2.3% in the last 24 hours and 5.6% over the previous week. However, the asset has faced a 3.6% correction in the 14-day charts and a 12.5% correction over the past month. In this price prediction article, let’s discuss XRP’s chances of reclaiming the $3.50 price point if it breaks past its $2.90 resistance level. Source: CoinGecko XRP Price Prediction: Is $3.50 Around The Corner? According to CoinCodex analysts, XRP’s price will oscillate between around $2.80 and $3.20 over the coming weeks. The platform anticipates XRP to hit $3.41 on Nov. 26. Hitting $3.41 from current price levels will entail a rally of nearly 18%. CoinCodex does not expect XRP to hit the $3.50 mark just yet. Source: CoinCodex Changelly presents an even more bearish outlook for XRP. The platform does not expect XRP to breach the $3.50 mark anytime before March 2027, about s...

2 key XRP price levels to watch as $3 target remains elusive

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XRP is still struggling to reclaim the $3 resistance zone, with an analyst highlighting two key price levels that could determine its next move. According to an outlook by Ali Martinez, a strong resistance has formed around $2.90, where recent price action has shown multiple failed attempts to break higher. In a September 6 post on X, Martinez noted that if XRP faces another rejection at this level, the asset could retreat toward the $2.70 support zone, which has previously served as a crucial floor during recent pullbacks. XRP price analysis chart. Source: TradingView On the upside, a decisive breakout above $2.90 would be needed to rekindle bullish momentum. However, the Analysis suggested that XRP may continue to oscillate between $2.70 and $2.90 in the near term.  Impact of XRP ETF Adding to the technical tension is the upcoming October SEC deadline on multiple spot XRP exchange-traded fund (ETF) applications, including filings from Grayscale, 21Sh...

First US Dogecoin ETF Could Debut Next Week—How Will It Impact Price?

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Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing How Our News is Made Strict editorial policy that focuses on accuracy, relevance, and impartiality Ad discliamer ...

FriendTech now a ghost town as revenues fall 99.9%

FriendTech was once the most popular application on Base, Coinbase’s Ethereum-based layer 2 blockchain. It allowed bets on the popularity of Twitter (now X) crypto influencers that FriendTech duplicated onto its platform. It was, in essence, a BitClout (now Decentralized Social) copycat. At its September 2023 peak in popularity — one month after Coinbase launched its Base mainnet — FriendTech generated over $1 million per day in fees. Today, that same protocol has earned less than $60 in the past 24 hours according to data from DefiLlama. FriendTech has released their Q2 earnings $9 in revenue with an EPS of $0.0000000094/token pic.twitter.com/qPAPuWdnU3 — Conor (@jconorgrogan) September 4, 2025 FriendTech advertised “shares” in influencers’ profiles that it quickly renamed “keys” to avoid regulatory issues. Keys were bets on FriendTech profiles, and most people bought them in hopes of making money. Very few did. ...

Telegram Makes NFT Trading Easy Like Sending A Message

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Telegram, a renowned instant messaging and social media mobile application, is making non-fungible token trading fun and accessible again through its tight integration with The Open Network (TON) blockchain network. To make non-fungible token trading even more fun, the Telegram team has made sending non-fungible token collections easy and fast, just like sending a message in Telegram. Telegram Makes NFT Trading Easy And Fast In a September 03 blog post, Max Crown, the President and Chief Executive Officer of the TON Foundation and Co-Founder and Board Director of MoonPay, confirmed that Telegram has made some upgrades on its platform to enable crypto and non-fungible token users to send digital collectibles as easily as sending a message in Telegram. This new innovation will enable crypto users to send NFTs directly from the mobile application. Crypto has never been so frictionless 💎 — TON 💎 (@ton_blockchain) September 3, 2025 Launched in 2013, Telegram i...

BlackRock buys 7x more Ethereum than Bitcoin in 2025

Finbold research Analysis of Arkham Intel wallet clusters shows BlackRock has been accumulating Ethereum (ETH) at a dramatically faster clip than Bitcoin (BTC) in 2025, reshaping the balance of the asset manager’s on-chain crypto exposure. On January 1, 2025, Arkham’s “BlackRock” entity showed 552,550 BTC ($51.16 billion at a spot of $92,595) and 1.07 million ETH ($3.59 billion at $3,354). By September 2, 2025, the same cluster reflected 737,350 BTC ($79.86 billion at $108,304) and 3.78 million ETH ($16.58 billion at $4,389).  Over the period, Bitcoin holdings rose +184,800 BTC (+33.44%) while Ether holdings swelled +2.71 million ETH (+252.55%). On a percentage basis, ETH accumulation outpaced BTC by 7.6x, confirming a decisive tilt toward Ethereum by the asset manager. Thus, in 2025, BlackRock bought Ethereum roughly seven-times faster than Bitcoin, by percentage growth in units held, an elite-scale rotation that strengthens ETH’s institutional ado...