Author: Ibrahim Abdulaziz Adan

Strategy bought 4,048 Bitcoin for $444 million and now holds over 636,000 BTC worth billions.  The company sold MSTR shares to fund the purchase, but its stock dropped 15% alongside Bitcoin’s decline from recent highs.  When plaintiffs dismissed their claims, Strategy resolved a class action lawsuit about its Bitcoin accounting practices. Strategy has executed another significant Bitcoin purchase, adding 4,048 BTC to its corporate treasury for $449.3 million. The business intelligence company paid an average price of $110,981 per Bitcoin, marking its fifth consecutive weekly acquisition. The purchase brings Strategy’s total Bitcoin holdings to 636,505 BTC, acquired for a cumulative…

Pi Network cut mining rewards by 1.23% in September, and it now takes over 15 days to mine one token.  A whale transferred 6.5 million Pi tokens to the OKX exchange, but the token price stayed stable around $0.35.  The network expanded through new listings and partnerships while preparing technical upgrades for better user verification. Pi Network has announced another reduction in mining rewards for September, continuing its strategy to control token supply. The blockchain project cut its base mining rate to 0.0027405 π per hour, marking a 1.23% decrease from August levels. The adjustment means miners now require…

Hyperliquid generated a record $106 million in August revenue, and the HYPE token reached a new all-time high of $51.17. The platform’s buyback fund grew from 3 million to 29.8 million HYPE tokens and is now worth over $1.5 billion. Hyperliquid processes $8 billion daily, becoming the second-largest Bitcoin spot trading platform globally. Hyperliquid posted its strongest monthly performance in August, generating $106 million in revenue according to DefiLlama data. The decentralized derivatives platform saw a 23% increase from July’s $86.6 million figure, driven by nearly $400 billion in perpetual trading volume. Source: DefiLlama Data; Hyperliquid Fees and Revenue Chart…

Gold reached $3,482 per ounce, and Bitcoin trades around $109,200 as both assets gain momentum before the Fed meeting. Investors expect Federal Reserve rate cuts on September 16-17, and this optimism drives demand for gold and Bitcoin as alternative investments. Due to dollar weakness and geopolitical concerns, precious metals and cryptocurrencies outperformed traditional stocks this year. Gold and Bitcoin continue their upward momentum as investors position themselves ahead of the Federal Reserve’s upcoming policy meeting. Gold rose to approximately $3,482 per troy ounce on September 2, 2025, marking a 39.62% increase compared to last year. Meanwhile, Bitcoin trades around $109,200…

Ethereum will shut down its Holesky testnet in November due to technical problems and validator outages.  The new Hoodi testnet launched in March to replace Holesky with better functionality.  Ethereum’s main network hit 19.45 million active addresses in August, the highest since 2021. Ethereum developers have confirmed plans to shut down the Holesky testnet following significant technical challenges and declining utility. The announcement comes as the main Ethereum network experiences unprecedented growth, with active addresses reaching levels not seen since 2021. Holesky Testnet Faces End After Technical Struggles The Ethereum Foundation announced Holesky’s decommissioning in a recent blog post. The…

Expert claims Binance deliberately suppresses XRP prices through coordinated selling. XRP trades at $2.81, but network activity dropped from 45,000 to 20,000 addresses. Whales bought 340 million tokens while companies adopted XRP despite price struggles. Cryptocurrency analysts have raised serious concerns about alleged market manipulation tactics targeting XRP, with prominent crypto expert Pumpius claiming that Binance is actively suppressing the token’s price through coordinated sell pressure. Recent validator data has flagged suspicious large-volume transactions that may artificially influence XRP prices, adding credibility to these manipulation claims. At the time of writing, XRP is trading at 2.81 showing an increase of…

El Salvador will host the world’s first government Bitcoin conference in San Salvador’s historic center on November 12-13, 2025.  The event features major speakers like Ricardo Salinas and Max Keiser, with tickets priced at $350 for general access.  President Bukele’s extended presidency gives him more time to advance the country’s Bitcoin strategy after adopting it as legal tender in 2021. El Salvador will host the inaugural government-sponsored Bitcoin conference in San Salvador’s historic center on November 12-13, 2025. The National Bitcoin Office announced Bitcoin Histórico as a landmark event showcasing the nation’s commitment to cryptocurrency adoption. The conference represents a…

Peter Brandt warns that XRP could drop to $2.78, and the cryptocurrency is currently trading at around $2.83. Despite positive legal developments with the SEC case, XRP has declined nearly 10% over the past month. Institutional interest remains strong through CME futures, and potential ETF approvals may drive future growth. Veteran trader Peter Brandt has issued a bearish warning for XRP, suggesting the cryptocurrency could experience further declines before any potential recovery. His analysis comes during a broader cryptocurrency market correction that has affected most digital assets. The seasoned trader posted his concerns on the social media platform X, describing…

Bitget recorded $11.5 trillion in derivatives volume and ranks among the top four global exchanges. Institutions now account for 80% of spot volumes, and the exchange leads in Ethereum and Solana liquidity. The native BGB token became the third-most traded spot asset after Bitcoin and Ethereum. Bitget has secured its position among the world’s leading cryptocurrency exchanges, according to a comprehensive CoinDesk Market Data Deep-Dive report. The exchange, ranked sixth globally by market capitalization on CoinMarketCap, demonstrated exceptional performance across multiple trading metrics and institutional adoption measures. The report highlighted Bitget’s remarkable $11.5 trillion cumulative derivatives volume recorded between November…

Japanese gaming company Gumi purchased $17 million of XRP tokens for its digital treasury. The move aligns with major shareholder SBI Holdings’ cross-border payment strategy and Ripple’s recent stablecoin launch in Japan. Gumi will use a dual approach with Bitcoin as a store of value and XRP for payment operations from September 2025 to February 2026. Japanese gaming and blockchain company Gumi has announced a significant 2.5 billion yen ($17 million) investment in XRP tokens. The board-approved decision represents the firm’s commitment to expanding its digital asset portfolio and strengthening its position in blockchain-based financial services. The XRP acquisition builds…