Author: AltCoinDrops.com
XYO has launched XYO Layer 1, a blockchain for high-volume, real-time data applications, introducing a dual-token model with XYO for governance and XL1 for network utility. Summary XYO Layer 1 is a new blockchain designed to handle large-scale, real-time data for AI, logistics, cloud services, and tokenized assets, solving inefficiencies in existing networks. The launch also introduces a dual-token system, with the new XL1 token handling network utility alongside the original XYO token, which continues to serve governance and long-term ecosystem roles. XYO, the first and one of the largest DePIN project with over 10 million nodes worldwide, has launched…
Treasury Secretary Scott Bessent said Tuesday that Donald Trump made it clear he was ready to shut down TikTok completely in the U.S., and that decision forced China to make concessions. “President Trump made it clear that he would have been willing to let TikTok go dark, that we were not going to give up national security in favor of the deal,” Scott said in an interview on Squawk Box. The statement came just days before a critical September 17 deadline for ByteDance to divest TikTok’s U.S. operations, or get banned. The deal in question is part of a broader…
Crypto exchange Coinbase is pushing back against the attempt by U.S. banking groups to have the recently enacted Genius Stablecoin Act amended. Summary Coinbase has dismissed U.S. bank warnings of “deposit erosion,” citing $3.3 trillion in bank reserves and $176 billion in annual Fed interest earnings as evidence of banking system strength. The exchange argued that stablecoin supply is projected to reach only about $2 trillion by 2028, far below the $6 trillion deposit outflow some banks predict, and said banks fear losing $187 billion in payment-processing fees. US Banking groups want Congress to close a “rewards loophole” in the…
Every blockchain grapples with one big question – How to agree on the truth. Proof of Work (PoW) and Proof of Stake (PoS) are the two warring answers to that question. Bitcoin’s PoW is the original, a brute-force approach proven by time. And yet, nearly every new blockchain is betting on PoS, chasing a future that’s faster and more efficient. Their core differences reveal what their creators value most in security, fairness, and performance. A fight for security – Raw power vs. cold hard cash Making an attack cost more than it’s worth is the name of the game for…
Every blockchain grapples with one big question – How to agree on the truth. Proof of Work (PoW) and Proof of Stake (PoS) are the two warring answers to that question. Bitcoin’s PoW is the original, a brute-force approach proven by time. And yet, nearly every new blockchain is betting on PoS, chasing a future that’s faster and more efficient. Their core differences reveal what their creators value most in security, fairness, and performance. A fight for security – Raw power vs. cold hard cash Making an attack cost more than it’s worth is the name of the game for…
US lawmakers are convening with 18 prominent crypto and TradFi execs to discuss ways to push forward the Bitcoin Act. Summary The roundtable will focus on advancing the BITCOIN Act, which proposes the US government acquire one million Bitcoin over five years using budget-neutral strategies. Strategies under discussion include leveraging Treasury gold certificates and tariff revenue, while also addressing legislative delays and objections to build support for the bill. US lawmakers are set to meet with 18 crypto industry leaders today to discuss the BITCOIN Act. According to the list shared with Cointelegraph by the Digital Chambers, attendees include Strategy‘s…
BitMine Chairman Tom Lee predicted that Bitcoin and Ethereum could become the standout trades in the next three months if the Federal Reserve decides to cut interest rates. What will the rally look like? Summary BitMine Chair Tom Lee said that he foresees “monster moves” in the next three months for Bitcoin and Ethereum if the Fed decides to cut interest rates. The overall crypto market seems to be bracing for the impact of the Fed rate decision, with polls showing strong optimism for an interest rate cut. In an interview with CNBC, Ethereum treasury BitMine Chairman Tom Lee said…
Ethereum-tracking ETFs are back in the green, drawing fresh inflows as investor attention returns amid the asset’s steady performance. Summary Ethereum ETFs recorded about $360 million in inflows on Sept. 16, led by BlackRock’s ETHA. U.S.-listed ETH funds have now posted five straight days of inflows, totaling $1.1 billion. Bitcoin ETFs remain ahead with nearly $2.6 billion in inflows over a six-day streak. Ethereum price is consolidating near $4,500, up 3.4% on the week and 8% from this month’s low. Ethereum ETFs recorded about $360 million in inflows on September 15, according to SoSoValue data. This was their second-strongest daily…
Multicoin Capital co-founder Kyle Samani believes Solana-native Digital Asset Treasuries (DATs) have a structural advantage over Bitcoin-focused vehicles—and that the mechanics underpinning those DATs could become a durable, price-positive flywheel for SOL. Speaking on Blockworks’ Empire podcast days after Forward Industries closed a $1.65 billion PIPE led by Galaxy, Jump, and Multicoin, Samani argued that Solana’s yield, composable DeFi, and on-chain corporate operations create cash flows and optionality that Bitcoin simply can’t match. Why Solana DATs Beat Bitcoin “We’re building a new financial system from the ground up,” Samani said, framing Forward as both a proof-of-concept for “internet capital markets”…
Stocktwits will integrate Polymarket to make its predictions accessible to its 10 million members. Summary Stocktwits partnered with the largest prediction market, Polymarket The integration will bring Polymarket’s odds to 10 million Stocktwits users Users will be able to see Polymarket stock price predictions on Stocktwits Prediction markets took a major step into the mainstream. On Monday, Sept. 15, Stocktwits, the social media platform with more than 10 million retail traders, partnered with Polymarket, the world’s largest prediction market. The collaboration will bring Polymarket’s real-time probabilities into the Stocktwits platform. Specifically, traders will be able to see the odds for…