Author: AltCoinDrops.com

In brief The Federal Reserve had kept interest rates unchanged since last December. U.S. President Donald Trump has been hammering the Fed to cut rates. Crypto and other assets typically benefit from rate cuts that increase financial liquidity. The U.S. central bank, as widely expected, cut the federal funds rate by 0.25% Wednesday, amid recent signs that the economy was faltering and needed a boost—and under relentless pressure from President Donald Trump.Bitcoin and other major digital assets traded largely flat  in the immediate aftermath. The largest cryptocurrency by market capitalization was recently changing hands just above $116,000, up 0.2% over…

The Federal Reserve has followed through with its widely expected decision, cutting rates by 25 basis points and leaving the door open for more cuts. Summary FOMC cut interest rates by 25 basis points, leaving the door open for more cuts The decision, while widely expected, also carries an easing tone Bitcoin and altcoins could react in a moderately The Federal Reserve’s widely anticipated decision came on Wednesday, September 17. The Federal Open Market Committee decided to cut interest rates for the first time in 2025. Interest rates will go down by 25 basis points, as expected, from a range…

A whale who previously sold $4B worth of BTC dumped another $136M on September 15 as Bitcoin tested $116k resistance level.  As a result, Bitcoin swiftly fell back into the $115K area. Despite this, BTC prediction remains bullish as the community eagerly awaits Fed rate cuts on September 17. This bullish sentiment isn’t limited to Bitcoin, as other major cryptocurrencies are experiencing smaller rallies, inspiring traders to seek out undervalued crypto coins to invest in before the potential bull run.  Thus, DeepSnitch AI is attracting massive attention from whales and retail traders, as over $205K was raised during the first…

MoneyGram, the ubiquitous send and receive cash network for retail customers, has made U.S. dollar-pegged stablecoins and blockchain settlement rails the digital backbone of its revamped mobile app, the company said on Wednesday.Customers in the Latin American country of Colombia, where MoneyGram has an extensive retail network of over 6,000 locations, will be the first to use the new app to receive and store stablecoin payments, with plans to expand to additional markets in the near future.Colombia is the ideal launch market, says MoneyGram CEO Anthony Soohoo. It’s a major inbound remittance corridor where families receive more than 22 times…

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…