Author: AltCoinDrops.com
VivoPower International has confirmed that its subsidiary, Caret Digital, will expand mining operations and exchange mined tokens in XRP. The company said the move provides exposure to the asset at an effective discount of 65%. Caret Digital mines Bitcoin, Litecoin, and Dogecoin, but did not specify what tokens would be traded or the magnitude of the conversion. XRP is trading near $3 with a market cap of around $182 billion. “A key objective of this strategy is to secure XRP exposure at the lowest average cost possible, through a combination of token swapping from digital asset mining activities and by…
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. Wall Street was caught in the headlights when Strategy first added Bitcoin (BTC) to its balance sheet. Was this a software company, or the world’s first corporate bitcoin ETF? Investors had to improvise, and the company’s stock quickly stopped trading on software fundamentals and started behaving like a pure Bitcoin proxy. Summary With interest rates above 4%, idle Bitcoin is now seen as inefficient, pushing corporate treasuries to demand compliant, yield-generating solutions. Current options — collapsed lenders,…
XYO may be poised for a surge of up to 30% following the launch of its purpose-built Layer-1 blockchain and native utility token, XL1. Summary XYO Network has launched its own Layer-1 blockchain, along with its native utility token, XL1. XL1 staking has been designed to reduce XYO’s total supply. While XL1 crashed over 50% less than a day after its launch, XYO price has gained more than 6%. On Sep. 16, DePIN platform XYO Network announced the launch of its first Layer‑1 blockchain, purpose-built to handle data-heavy applications across sectors such as AI, logistics, and real-world assets (RWA). Unlike…
Nasdaq-listed GD Culture Group has acquired 7,500 Bitcoin as part of a share exchange agreement with Pallas Capital Holding, a British Virgin Islands-registered company. Summary GD Culture Group has acquired 7,500 Bitcoin through a share exchange deal with Pallas Capital Holding. The live streaming company issued 39.2 million shares to complete the $875.4 million acquisition. GDC shares fell more than 28% after the announcement. GD Culture Group, a livestreaming and e-commerce company with operations across the United States and China, said in a Sep. 16 disclosure that it will issue approximately 39.2 million shares of its common stock for all…
A new meme coin from China, Pudgy Pandas ($PANDA), raised over $300K in one day on presale, gaining significant attention in the Asian crypto market via social platforms like WeChat. With a real-world cause (#FreeThePandas campaign) fuelling its momentum, this new meme coin on presale proves there’s room for more at the party Pudgy Pandas challenges the Pudgy Penguins ($PENGU) franchise, which has dominated the year so far with a market cap of over $2B. Speaking of, the $PENGU ETF with the SEC, as well as the $DOGE ETF, signal the rise of meme coins as serious investment products. That,…
As Ethereum price continues to soar in 2025, investors are now looking to ETH ecosystem tokens that could follow its rise. Through the hype, Mutuum Finance (MUTM), Shiba Inu (SHIB) and Pepe Coin (PEPE) are quickly becoming top coins to keep an eye on. Mutuum Finance is emerging as something greater than a mere ERC-20 token, but a groundbreaking DeFi protocol that works towards bridging the disconnect between innovation, liquidity, and long-term sustainability. While meme coins fueled by hype are moving in the opposite direction, Mutuum Finance is offering more utility with its decentralized borrowing and lending process. Shiba Inu…
BNB price has set a new all-time high as strong institutional demand, regulatory clarity, and rapid ecosystem growth continue to drive its momentum. Summary BNB set a new all-time high of $962 on Sept. 17, lifting its market cap above $132B and reclaiming the fifth spot by value. Momentum was fueled by regulatory clarity from reports of a possible DOJ settlement and other recent updates. Technical outlook shows strength above $920, with analysts eyeing $1,000 as the next milestone despite short-term overbought signals. BNB was trading at $950 at press time, up 3% in the past 24 hours after briefly touching $962…
Solana treasury season continues, as another large order of SOL went through FalconX. DAT companies are seen as relatively risky, but SOL offers additional passive income opportunities. An unnamed large-scale buyer of SOL may be building a treasury. Based on FalconX transfers, a whale acquired 412,075 SOL, valued at $98.4M. The amount is close to the size of purchases used in treasury companies. The SOL was acquired at market rates, as FalconX moved the tokens from major exchanges Binance, OKX, Coinbase, and Bybit. SOL still took a step back to $233.86, allowing the whale to buy the dip. Recent accumulation…
Following an all-time high (ATH) reached last August, Ethereum (ETH), the market’s second-largest cryptocurrency, has found itself in a consolidation phase, trading between $4,200 and $4,700. This price range reflects a broader stagnation in the cryptocurrency market, as various digital assets, including Bitcoin (BTC), struggle to regain the momentum that led both BTC and ETH reach new records above $124,000 and $4,9000 respectively. Notably, Citigroup, the third-largest investment bank in the United States, has tempered expectations for the Ethereum price, forecasting a year-end price target of $4,300 for the altcoin. Citi Forecasts Moderate ETF Inflows Into Ethereum According to a…
China’s biggest chipmaker is testing the country’s first advanced locally made chipmaking machines. The move shows progress in China’s plan to rely less on foreign technology and compete in producing processors for artificial intelligence. Semiconductor Manufacturing International Corporation (SMIC) is testing a deep-ultraviolet (DUV) lithography machine made by Yuliangsheng, a start-up based in Shanghai. SMIC runs tests on China-made lithography machines This is a big step for China because the country has always relied on lithography machines built by the Dutch company ASML. Without them, China would struggle to make advanced processors that power AI applications. However, the recent U.S.-led…