Author: AltCoinDrops.com
Polymarket bettors have predicted a 25% chance for Bitcoin ($BTC) to rise above $125K this month. It’s currently down to 17% at the time of writing. Earlier today, Bitcoin touched an intraday high of $117,888, bringing it closer in line with bettors’ predictions. The coin reached its all-time high of $124,517 on 14 August 2025, placing it only 6.1% below its ATH. Despite a 2.6% increase in Bitcoin’s price last month, crossing $125K will depend on sustained momentum fuelled by improving macro conditions and strong ETF inflows. Underscoring this bullish setup, Bitwise’s Matt Hogan said this in an interview with…
Michigan’s push to become a Bitcoin-holding state is back in motion after months of dormancy. Key Takeaways: Michigan has revived a bill to allocate up to 10% of state funds into Bitcoin and crypto assets. The move aligns Michigan with states like Texas and New Hampshire pursuing Bitcoin reserve strategies. A global shift is underway, with countries like Pakistan and the Philippines also introducing strategic Bitcoin reserve plans. House Bill 4087, which would authorize the state to allocate up to 10% of its general and stabilization funds into Bitcoin and other cryptocurrencies, has been formally referred to the Government Operations…
You can almost hear the ghosts of 2001 rattling around the crypto market. The talk of an “altcoin purge” isn’t just a whisper anymore; it’s a full-throated roar that sounds eerily like the dot-com bubble popping. It’s the same old story – A mad rush of speculation, insane prices for projects with nothing but a whitepaper, and the inevitable, painful crash that will burn the weak and reveal the strong. Back to the dot-com era? Anyone with skin in the digital asset game should be studying the dot-com wreckage like a survival guide. This so-called purge is really just a…
Eric Trump says crypto could actually save the U.S. dollar. Not kill it. Not weaken it. On Tuesday, just hours after ringing the Nasdaq opening bell for American Bitcoin’s public debut, a company where he’s got over $500 million stashed, Eric told the Financial Times that crypto is “arguably” the reason the dollar might stay alive. “Mining bitcoin here, and being financially independent and running a kind of financial revolution out of the United States of America…I think it arguably saves the US dollar,” he said. The timing wasn’t random. Eric’s comments came while the dollar was getting dragged. This…
As expected, the Federal Reserve has cut interest rates for the first time this year, opting for a reduction of 25 basis points.Initially, the response across stocks and cryptocurrencies was pretty muted to say the least — unsurprising considering the move was largely priced in.But something interesting was happening as we headed into the early hours of Thursday. Futures in both the S&P 500 and the tech-heavy Nasdaq were on the rise. And while Bitcoin briefly sank below $115,000 as Fed chair Jerome Powell gave a news conference, it raced toward $118,000 in the hours that followed.So… what’s going on?…
A prominent market analyst insists Ethereum still has more room to grow, calling attention to a confluence factor that could trigger the next leg up. Notably, Ethereum finds itself at a decisive point after reaching a new all-time high of $4,955 in August. Since then, the price has dropped 13%, but it continues to hold above $4,300 despite doubts about whether the bull run still has legs. Ethereum Still Has More Upside Potential Interestingly, market analyst EGRAG Crypto believes the rally has not ended. In his latest analysis, he argued that Ethereum could still climb much higher, even reaching $22,000,…
Stablecoin development in South Korea has advanced with the launch of KRW1, a won-pegged token issued on the Avalanche blockchain. Summary BDACS has launched KRW1, a new South Korean won-pegged stablecoin issued on the Avalanche blockchain. Each KRW1 token is fully backed 1:1 with won held in escrow at Woori Bank, with real-time proof-of-reserves integration. The rollout follows earlier pilots such as KRWIN, adding momentum to South Korea’s growing stablecoin market. South Korea’s Financial Services Commission (FSC) is drafting rules for stablecoins, expected in October as part of the Virtual Asset User Protection Act. Seoul-based digital asset firm BDACS announced…
Pi Network has been one of the most anticipated projects in the crypto space, with millions of users mining its tokens via mobile devices long before a tradable price was established. Over the past few years, the project has carefully balanced its testnet development with community engagement, creating one of the largest ecosystems by user count despite not being fully listed on major exchanges. As 2025 advances, new updates are pushing Pi Network closer to mainstream adoption. Analysts suggest these developments could serve as the catalyst that finally drives Pi’s price toward the $0.40 level, a milestone that would validate…
DBS Bank teams up with Franklin Templeton and Ripple to list tokenized money market fund and stablecoin on DBS Digital Exchange. Summary DBS will list Franklin Templeton’s sgBENJI token on its Digital Exchange, paired with Ripple’s RLUSD stablecoin. Investors can trade between tokenized fund units and stablecoins, with future plans for lending and repo transactions. The move highlights Singapore’s growing role in tokenization as Franklin Templeton and Ripple expand blockchain-based financial products. DBS Bank is deepening its push into digital assets through a new partnership with Franklin Templeton and Ripple that will bring tokenized money market funds and stablecoin services…
In brief Crypto markets have posted broad gains following the Federal Reserve’s quarter-point rate cut. Hyperliquid’s USDH stablecoin has been “attracting liquidity across the board from many institutions,” according to an analyst. The momentum now hinges on project-specific catalysts, with altcoins more exposed to volatility than Bitcoin, experts told Decrypt. Avalanche (AVAX) and Hyperliquid (HYPE) led the altcoin rally on Thursday as digital assets responded positively to the Federal Reserve’s latest rate cut and project-specific developments.AVAX rocketed 10.1% to $32.59, while HYPE jumped 7.2% to $58.43 in the past 24 hours, according to CoinGecko data. Other major altcoins followed suit, with…