Author: AltCoinDrops.com

Kraken is joining forces with stablecoin giant Circle to accelerate the adoption of stablecoins across the global financial system. Summary Kraken has partnered with Circle to accelerate the adoption of USDC and EURC stablecoins. USDC is currently the second largest U.S. dollar denominated stablecoin. Crypto exchange Kraken and Circle have partnered in a collaboration that will expand access to and utility of two Circle stablecoins: the U.S. dollar-denominated USDC and euro-pegged EURC. USDC is the second-largest U.S. dollar-pegged stablecoin, with about $73.5 billion in market capitalization. Tether’s USDT is the largest by market share at more than $171 billion. Through…

If you’ve recently stopped paying attention to Bitcoin, now might be the time to tune back in. Behind the noise of regulatory headlines and fluctuating prices, a significant trend is emerging — smart money is quietly returning to the market. Specifically, Bitcoin ‘sharks’ — wallets holding between 10 and 1,000 BTC — have scooped up over 65,000 BTC in just the past week. This surge in accumulation is far from random; it mirrors the stealth accumulation phases of previous cycles, notably at times when market sentiment was at its lowest and opportunity was at its highest.This pattern of accumulation by…

MoneyGram has embedded Crossmint’s wallet infrastructure directly into its payment system. The integration enables instant conversion and settlement of remittances into USDC for recipients in Colombia, using Crossmint’s APIs. Summary MoneyGram has integrated Crossmint’s wallet infrastructure to enable instant USDC remittances in Colombia. Recipients can hold funds in USDC, cash out to pesos at 6,000+ locations, or spend globally via upcoming card integrations. Crossmint’s end-to-end platform provides compliance, scalability, and security, streamlining MoneyGram’s stablecoin rollout. According to a press release shared with crypto.news on September 17, MoneyGram has partnered with Crossmint to embed stablecoin functionality into its payment system. The…

Cardano’s price remains bullish despite ongoing corrective moves, with $0.80 emerging as a critical high time frame support zone. Holding this level could set up a rally first to $1.19 and eventually toward $2.16. Summary $0.80 Support: Critical base at 0.618 Fibonacci and moving average confluence. Upside Targets: $1.19 resistance next; $2.16 broader extension possible. Bullish Volume: Inflows suggest accumulation and continuation of higher highs/lows. Cardano (ADA) has shown resilience in recent weeks, bouncing strongly from the $0.80 region. This level sits at the 0.618 Fibonacci retracement and aligns with the leading moving average, forming a strong technical base. While price action has…

US-based REX Shares has stirred significant anticipation in the crypto community by announcing the launch of its Dogecoin (DOGE) and XRP exchange-traded funds (ETFs) on September 18.  Imminent Launch Of REX Shares’ DOGE And XRP ETFs? In a post on social media platform X (formerly Twitter), REX Shares promoted the upcoming launch of the REX-Osprey XRP ETF, under the ticker symbol XRPR, and the REX-Osprey DOGE ETF, designated as DOJE.  These ETFs can potentially be the first exchange-traded products that allow US investors to access Dogecoin and XRP. This could open new avenues for retail and institutional investors and increase…

TLDR: Ethereum ETF inflows topped $4B in August while Bitcoin ETFs recorded $751M in outflows. ETH price trades near $4,516 with resistance just under $4,600 and support around $3,900-$4,000. BlackRock reported $17.4M ETH sales even as overall ETF demand stayed strong for a third day. Michaël van de Poppe expects ETH to consolidate until its 20-week MA before aiming toward $5,000 levels. Ethereum continues to draw capital as investors rotate into ETH. August saw billions pour into U.S.-listed Ethereum ETFs. The price has pushed back above $4,500, reinforcing optimism that buyers remain in control.  Traders are now watching the next…

The XRP price will be in the spotlight in the next few weeks as the countdown to spot XRP ETF approvals accelerates and as it forms highly bullish patterns. Summary The XRP price could go parabolic as the odds of ETF approval jump. The coin could jump to the extreme overshoot level at $4.2970. It will then pull back after the approval as investors sell the news. XRP ETF approval odds are rising Polymarket users are convinced that the Securities and Exchange Commission will approve spot XRP ETFs by the end of the year. The odds of this approval happening…

A heated contest for control over a new dollar-pegged token has set the stage for what analysts say could define the next phase of the stablecoin industry. According to Bloomberg, a bidding war unfolded on Hyperliquid, one of crypto’s fastest-growing trading platforms, with the prize being the right to issue USDH, its native stablecoin.The competition drew some of the sector’s most prominent names, including Paxos, Sky, and Ethena, who later withdrew their bid, alongside the lesser-known Native Markets, a startup backed by Stripe stablecoin subsidiary Bridge.Hyperliquid Stablecoin Race Shows Branding and Partnerships Matter as Much as TechOver the weekend, Hyperliquid’s…

Will the Fed’s first rate cut of 2025 fuel another leg higher for Bitcoin and equities, or does September’s history point to caution? Summary The Fed is widely expected to announce its first rate cut of 2025, with markets pricing in a 25bp move. Bitcoin is trading near $116,500 and Ethereum near $4,500, supported by declining exchange balances and record ETF inflows. Historical patterns show September as a weak month for equities and crypto, while tariffs and inflation add fresh macro risks. Anthony Pompliano argues the bull market has much further to run, while other analysts warn of seasonal volatility…

HBAR spent much of the past 23 hours locked in a narrow range, oscillating between $0.23 and $0.24 in what amounted to just 2% volatility. The token briefly touched session highs at $0.24 on Sept. 16 around 18:00 UTC before sliding lower, ultimately finding repeated support near $0.23. Multiple rebound attempts from that level throughout Sept. 17’s morning trading hinted at a potential price floor, though conviction remained limited.Market activity tapered alongside the price drift. Trading volumes fell steadily after an early spike, underscoring weakening participation and suggesting that bullish momentum has largely faded. The constrained range and muted volatility…