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Solana News: Ex-Binance and Polygon Execs Join the Solana Foundation

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In Solana news, the Solana Foundation recently announced the hiring of Rachel Conlan, former Chief Marketing Officer at Binance, as Chief Strategy Officer, and Jamal Raees, a veteran from Polygon Labs, as General Manager of Payments. The foundation made this announcement on September 24, 2026.

The foundation believes that these new hires will help secure partnerships with banks, asset managers, and payment companies as the financial sector increasingly shifts towards blockchain technology.

Solana currently leads all blockchains in tokenized stock trading, with more tokenized stocks than any other platform. As of September 27, SOL trades at around $123, up +2.8% for the day following a +15% weekly surge.

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Despite $5 trillion in stablecoin volume, Solana’s transaction fees are extremely low, at just 0.000005 SOL per transaction, which offers minimal direct returns for SOL holders. Given these new hires, will they generate renewed interest and demand for SOL among investors?

Solana (SOL)
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Solana News: The Foundation Hires ex-Binance and Polygon Execs as Part of a Hierarchy Shakeup

Rachel Conlan brings extensive experience to her role at Solana, having spent three years as the global chief marketing officer at Binance, one of the largest cryptocurrency exchanges.

Her previous positions also include senior roles at OKX, CAA Sports, and Havas. At Solana, she will focus on developing institutional partnerships, driving ecosystem growth, and leading sales initiatives to attract companies to the Solana network.

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Jamal Raees has also joined Solana from Polygon Labs and has a strong background in payment systems and stablecoins, gained through his work at Bridge (now part of Stripe) and Wyre.

In his role, he will build relationships with payment companies and businesses looking to move funds across the Solana platform.

Supercharge Your Trading in 2026 With BloFin AI Trading Bots

Solana Price Analysis: What Will the New Hires Mean for SOL?

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In Solana price news, SOL is trading around $124, according to the latest CoinGecko data, up roughly +2.7% over the past 24 hours and 14.5% over the last seven days. Its market capitalization is about $73Bn, making it one of the largest cryptocurrencies by value.

The recent rebound has strengthened SOL’s short-term technical picture, with the token recovering from below $100 earlier this month. CoinGecko’s historical data shows SOL closing at $122.08 on September 25, highlighting the strength of the latest move.

At current levels, $120 is an important psychological support zone, while a sustained move above $125 could put $130 into focus. Beyond that, $140 could become the next significant resistance area.

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With SOL still approximately -58% below its $293.31 all-time high, the token has substantial ground to recover if broader market momentum remains bullish.

Discover: The Best Token Presales

The post Solana News: Ex-Binance and Polygon Execs Join the Solana Foundation appeared first on Cryptonews.




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Bitget hacker routes 4 BTC through Wasabi CoinJoin

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Bitget hacker routes 4 BTC through Wasabi CoinJoin

Some assets linked to the Bitget security breach have entered Wasabi CoinJoin after moving through several blockchains and swap routes, according to blockchain compliance firm AMLBot.

Summary

  • AMLBot traced roughly four BTC linked to Bitget theft into a Wasabi CoinJoin transaction round.
  • Funds moved from TRON through USDT0, Ethereum and THORChain before reaching Bitcoin addresses for mixing.
  • Bitget now confirms approximately $387.5 million was transferred to attacker-controlled addresses during the September breach.
  • About $343 million remained dormant across thirteen attacker wallets as of September 25, AMLBot estimated.
  • Bitget plans phased withdrawals from September 28 after identifying and fixing the underlying security vulnerability.

AMLBot said on Sept. 27 that its tracing connected roughly 4 BTC in one CoinJoin round to funds originating from a Bitget-linked TRON wallet. The firm described the activity as an apparent attempt to obscure the movement of stolen assets.

The finding comes after Bitget revised the value of assets transferred to attacker-controlled addresses to approximately $387.5 million. The exchange’s official investigation update said the new total includes Zcash and TRON assets that were missing from its initial $351.6 million estimate.

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Bitget funds moved through four networks before CoinJoin

AMLBot traced a multi-stage route beginning on TRON. According to the firm’s account, the attacker first converted TRX into USDT. The funds were then moved to Ethereum through USDT0, an omnichain version of Tether designed for transfers between supported networks.

Once on Ethereum, the assets were swapped into approximately 145 ETH. AMLBot said the ETH subsequently moved through THORChain and was converted into around 4.59 BTC.

The Bitcoin was then divided into smaller amounts before reaching a Wasabi CoinJoin round. AMLBot said its analysis could connect roughly 4 BTC in that transaction back to the Bitget TRON wallet.

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CoinJoin combines Bitcoin inputs and outputs from multiple participants in a single transaction. The technique can make transaction tracing more difficult because blockchain observers cannot simply map one input to one corresponding output.

AMLBot characterized the activity as laundering through Wasabi CoinJoin and said it had blacklisted the linked addresses. The company is continuing to monitor the Bitcoin for further CoinJoin activity.

The attribution remains AMLBot’s blockchain analysis. Public blockchain records show transfers between addresses, swaps and cross-chain activity, but the purpose of each transaction is inferred from the observed flow and address attribution.

A Binance News summary published Sept. 27 repeated the same sequence, citing reports based on AMLBot’s tracing.

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Bitget raises confirmed loss to $387.5 million

Bitget initially said the Sept. 24 incident affected approximately $351.6 million in assets after unauthorized transfers from portions of its hot and warm wallet infrastructure.

The exchange detected the activity at 18:31 UTC and suspended withdrawals while leaving deposits and trading operational. Cold wallets remained secure, according to Bitget’s initial security notice.

By Sept. 25, Bitget’s transaction classification had raised the confirmed amount to approximately $387.5 million. The exchange said the increase did not result from new thefts after the breach. Investigators had instead identified additional Zcash and TRON assets involved in the original incident.

Affected assets included ETH, XRP, USDT, USDC, USDT0, ZEC, XAUt, BNB, AVAX and TRX. Bitget published primary attacker-controlled addresses on Ethereum-compatible networks, XRP Ledger, Zcash and TRON as part of its recovery work.

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Bitget’s preliminary findings pointed toward a compromise involving backend wallet infrastructure rather than a leak of private keys. CEO Gracy Chen said private keys remained secure while investigators worked to identify the exact intrusion path.

Bitget later said its security team had identified the attack path and the method used to bypass existing controls. The company said the underlying vulnerability had been fixed, though it has not publicly released a complete technical root-cause report detailing the exploit.

AMLBot says most stolen assets remain dormant

The CoinJoin activity represents only a small part of the funds linked to the breach.

In a Sept. 25 update, AMLBot said approximately $343 million, representing around 88% of the roughly $389 million it was tracking, had not moved. The firm’s figure was based on addresses it had attributed to the attacker.

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AMLBot identified 13 dormant wallets holding several asset types. Eight Ethereum wallets contained approximately 68,300 ETH, while four XRP addresses held around 83 million XRP. Another wallet contained close to 18,900 ZEC.

The firm said none of those 13 addresses had sent a transaction since receiving the funds. Its subsequent Wasabi update concerns a different portion of the stolen assets that had already begun moving between chains and assets.

Other researchers have traced separate conversion activity. Crypto.news reported on Sept. 25 that security researcher Taylor Monahan identified stolen USDC being moved and converted into ETH after the attack.

Her findings showed attacker-controlled assets being bridged and swapped after leaving Bitget. The report noted that Circle can freeze USDC at specified addresses when legal requirements are met, though the public transaction trail did not establish whether a qualifying legal order had reached Circle at the time.

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The subsequent AMLBot tracing shows another part of the flow crossing from TRON to Ethereum and then into Bitcoin through THORChain before entering CoinJoin.

Bitget prepares phased withdrawal reopening

Bitget is preparing to restore withdrawal services after saying the vulnerability responsible for the incident has been remediated.

The exchange’s withdrawal schedule starts with Bitcoin at 08:00 UTC on Sept. 28. ETH withdrawals on Ethereum, BSC, Arbitrum, Base and Optimism are scheduled for Sept. 29.

USDT withdrawals on Ethereum, BSC, Solana and TRON are scheduled to resume on Sept. 30. Other token withdrawals, fiat services and peer-to-peer withdrawals are expected to return on Oct. 2.

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Bitget said Mandiant and SlowMist continue to assist with the security investigation while its technical teams perform validation work on the withdrawal infrastructure.

As crypto.news reported on the reopening plan, Bitget says its Protection Fund will cover the financial loss from the incident and customer account balances remain unchanged. The exchange reported that the fund held more than $464 million during the withdrawal pause.

Bitget’s September proof-of-reserves update, published before the breach, showed a total reserve ratio of 135% across 19 covered assets. The exchange states that it maintains at least a 1:1 reserve ratio for user assets covered by the program. CEO Gracy Chen is scheduled to host a live AMA at 07:30 UTC on Sept. 28 covering the incident, restoration of withdrawals and the exchange’s next steps.

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Jason Calacanis calls meme coins a ‘giant scam’

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What is a bonding curve? Memecoin pricing explained

Technology investor Jason Calacanis has called meme coins a “giant scam” while warning users that he has no involvement with tokens using his name or suggesting his endorsement.

Summary

  • Jason Calacanis has called meme coins a “giant scam” while distancing himself from token projects.
  • Calacanis said he will never privately ask followers to buy, sell or trade financial assets.
  • The investor said he follows Bitcoin and Bittensor but denied involvement with any meme coins entirely.
  • Meme tokens currently carry roughly $35.9 billion in combined market capitalization, CoinGecko data shows today.
  • Recent social account breaches have used fake celebrity-linked meme coins to target cryptocurrency traders online.

Calacanis said on Sept. 27 that he has “nothing to do with any meme coins and never will,” while identifying Bitcoin and Bittensor’s TAO as two crypto assets he sometimes discusses publicly.

His post included a separate warning about impersonation and unsolicited investment messages. Calacanis said he would never ask followers through social media or direct messages to buy, sell or trade an asset.  

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Jason Calacanis distances himself from meme coins

Calacanis drew a clear distinction between discussing crypto assets and participating in meme-token projects.

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“I have nothing to do with any meme coins and never will,” he wrote. He added that any meme coins sent to accounts under his control would not change his position.

Calacanis said funds successfully sent to him by people operating such projects would be donated to a “good cause.” He did not identify any particular meme coin or claim that a named project had used his identity.

The investor described himself as a fan of BTC and TAO, although his recent public comments on Bitcoin have included criticism as well as positive posts about short-term price movements.

His warning focused particularly on messages that could appear to come from him. Calacanis told users he would “obviously never ask you to buy, sell or trade anything,” especially through social media or direct messages.

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The statement follows repeated cases in which public figures have had their names, images or compromised accounts connected to meme tokens without authorization.

As crypto.news reported in July, blockchain investigator ZachXBT said several meme coins had been created using his identity even though he had not launched or supported them. He sold tokens sent to his donation address and directed roughly $41,000 in proceeds to charities.

Calacanis did not say a comparable incident had occurred with his account. His Sept. 27 post served as a public statement that any purported meme coin involvement should not be treated as his endorsement.

Meme coin sector remains a multibillion-dollar market

Meme coins continue to represent a sizable part of the cryptocurrency market despite Calacanis’s criticism.

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CoinGecko data puts the combined market capitalization of tracked meme tokens near $35.9 billion, with approximately $3.55 billion in 24-hour trading volume.

Dogecoin remains the largest asset in the category, with a market value near $15 billion. Shiba Inu follows at roughly $3.4 billion, while MemeCore is valued near $2.8 billion.

Pepe and Pump.fun’s PUMP each have market capitalizations around $1.8 billion. Other heavily traded names include Pudgy Penguins’ PENGU and Official Trump.

Meme coins generally derive much of their value from online communities, attention and speculation instead of claims on business revenue or traditional financial assets. CoinGecko describes the category as tokens that gain relevance through memes and community-driven momentum.

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Calacanis has criticized the risk profile of such assets before his latest statement. He has argued that people should not buy meme coins or invest in startups unless they are financially able to lose their entire investment.

His latest wording goes further by describing the category itself as a “giant scam.” That characterization represents Calacanis’s opinion and does not establish that every meme-token project is fraudulent.

Fake meme coins have used public figures to attract traders

Recent incidents show why public figures sometimes issue explicit statements distancing themselves from tokens associated with their identities.

Robinhood CEO Vlad Tenev’s X account was compromised in July and used to promote a fake company-linked meme coin named Vladhood. The token briefly reached a market capitalization near $10 million before Robinhood confirmed that Tenev’s account had been breached.

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Robinhood removed the unauthorized promotion and worked with X to restore control of the account.

A separate attack targeted Keith Gill, the trader known online as Roaring Kitty. His verified X account was used in May to promote a Solana token called Red Kitten Crew.

Crypto.news reported that traders lost millions after the token briefly reached a market capitalization of roughly $12 million. The developer had acquired 39.5% of the token supply through multiple wallets before selling tokens worth approximately $611,000.

Influencer names can be used without a compromised account as well. In June, several Solana tokens appeared using the identity of crypto commentator Ansem.

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In related coverage, crypto.news reported that Ansem had not created most of the tokens bearing his online identity and had publicly disavowed several versions.

The episodes differ from Calacanis’s post because there is no evidence in his statement that his X account was hacked or that a specific unauthorized token had already been launched in his name.

Calacanis remains critical of Bitcoin despite calling himself a fan

Calacanis’s support for Bitcoin has come with repeated criticism of the asset’s development and long-term role.

On Sept. 18, he described Bitcoin’s rebound as a “dead cat” bounce while questioning how much progress the network had made after roughly 17 years.

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He argued that Bitcoin remained difficult for mainstream consumers to use for everyday transactions and criticized its limited native smart-contract functionality. Calacanis questioned whether public interest in the cryptocurrency remained as strong as in previous market cycles.

Those comments were an opinion about Bitcoin’s utility and market direction, not a technical finding about the network.

Bitcoin has since traded substantially higher. Recent market data placed BTC near $85,000 after an eight-month high above $86,000, while the asset was approaching positive year-to-date performance.

Calacanis made similarly skeptical remarks in August, when he described an earlier Bitcoin rebound as another “dead-cat bounce” and said he believed individuals and institutions had more valuable assets available to own.

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At other times, he has posted positively when Bitcoin prices rise. His Sept. 27 statement therefore did not reject cryptocurrency as a whole. It specifically separated his interest in BTC and TAO from meme coins.

Social media remains a route for crypto impersonation scams

Calacanis’s warning about private investment instructions follows several attacks in which scammers have relied on trusted social identities rather than vulnerabilities in cryptocurrency protocols.

In July, compromised SpaceX and Starlink accounts promoted a meme coin named SCATMAN. Crypto.news reported that the attacker used the companies’ established identities to direct attention toward the token before selling holdings worth approximately $135,000.

Meme-coin traders have faced other attack methods. Crypto.news reported in September that malicious websites connected with token listings were displaying fake Cloudflare verification screens and instructing users to execute computer commands. One trader reported losing roughly $600,000 after interacting with such a page.

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Calacanis did not announce a new token, investment product or crypto fundraising project in his Sept. 27 statement. His post said he discusses Bitcoin and TAO publicly but will not privately instruct followers to trade assets or participate in meme coins.



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XRP ETFs Attract $75M in a Week as SOL Funds Hit New 2026 High

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The spot exchange-traded funds tracking the performance of Ripple’s cross-border token started the week quietly but built on by the end of it, reaching a new cumulative all-time high.

At the same time, the products tracking Solana’s SOL are on a green-only streak since September 11, and the inflows peaked on Friday with more than $86 million.

XRP ETFs Had a Big Week

The previous business week was a little shaky for the XRP ETFs, as they attracted a more modest $9.56 million, less than half of the $19 million seen in the first few weeks of September. Nevertheless, the financial vehicles still extended their green streak to ten consecutive weeks.

After marking more net outflows last Thursday and Friday, investors stood on the sidelines on September 21 as the new week began, with SoSoData showing no reportable inflows on Monday. However, the trend changed on Tuesday and remained on a high note until Friday.

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Investors poured in $20.02 million on September 22, followed by $18.04 million on September 23, another $14.89 million on Thursday, and $22.65 million on Friday. This meant that the five-day trading period ended well in the green, with net inflows of $75.89 million – the best weekly performance in a month.

The cumulative net inflows skyrocketed to another all-time high of $1.79 billion. Bitwise’s XRP fund remains the undisputed leader with cumulative net inflows of $677 million, followed by Franklin’s XRPZ at $501 million and Canary Capital’s XRPC at $489.37 million.

Spot XRP ETF Inflows. Source: SoSoValue
Spot XRP ETF Inflows. Source: SoSoValue

SOL ETFs Had an Even Bigger Week

While the performance of the funds tracking XRP was quite impressive, the SOL counterparts did even better. Monday began with a bang, as the ETFs attracted $26.10 million. Another $28.87 million followed on Tuesday, $13.77 million on Wednesday, and $32.81 million on Thursday, before investors went all in on Friday with a massive inflow day of $86.67 million.

This became the single-best daily inflow since the funds’ inception nearly a year ago. Moreover, the weekly inflows hit a 2026 high with $188.22 million poured in, which was also the second-best ever, only trailing the launch week in October with $199.21 million.

The total net inflows rocketed to a new all-time high of their own at $1.61 billion. Bitwise’s SOL ETF is once again the undisputed leader, with cumulative net inflows of $1.22 billion. Fidelity’s FSOL is far behind at $231.35 million, followed by Grayscale’s GSOL with $164.15 million.

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Spot Solana (SOL) ETF Flows. Source: SoSoValue
Spot Solana (SOL) ETF Flows. Source: SoSoValue

The post XRP ETFs Attract $75M in a Week as SOL Funds Hit New 2026 High appeared first on CryptoPotato.



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Did MicroStrategy Buy More Bitcoin? Michael Saylor Drops Another Signal

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Michael Saylor Bitcoin Buy Signal. Source: Saylor on X

Michael Saylor, executive chairman of Strategy (formerly MicroStrategy), posted a new Bitcoin (BTC) chart on Sunday with the caption “Even more orange.” Posts like this one have often come a day before the company reports new Bitcoin purchases.

Strategy is the largest public company holding Bitcoin. It reports its purchases in filings with US regulators, usually on Mondays.

Last Sunday’s Orange Post Came a Day Before a 950 BTC Buy

Orange is Bitcoin’s brand color. Each orange dot on Saylor’s chart marks a purchase, and bigger dots mean bigger buys.

Michael Saylor Bitcoin Buy Signal. Source: Saylor on X
Michael Saylor Bitcoin Buy Signal. Source: Saylor on X

“Even more orange,” Saylor indicated.

Last Sunday, he posted a similar chart captioned “A little more orange.” That evening, BeInCrypto reported Saylor’s buying hint and said Monday’s update would settle it.

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It did. The next day, MicroStrategy disclosed a 950 BTC purchase worth about $76 million, or $79,670 per coin, according to its ledger. That brought its holdings to 846,000 BTC.

Notably, however, the signal does not always lead to a buy, though. The week before, Strategy’s filing showed no Bitcoin bought or sold.

Why MicroStrategy’s Next Bitcoin Move Matters

Strategy has not only been buying this year. Its ledger lists four sales between June 30 and August 10, totaling 6,916 BTC.

Last week it also spent $174 million buying back STRC, a preferred share that pays holders a monthly dividend. That was more than twice what it spent on Bitcoin.

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Right now, Bitcoin trades near $84,974, up 1% over 24 hours. That puts the price about 13% above Strategy’s average cost of roughly $75,416 per coin. Earlier this month, the company sat 2% above cost.

Monday’s filing will show whether last week’s 950 coins restarted steady buying or set a slower pace.

The post Did MicroStrategy Buy More Bitcoin? Michael Saylor Drops Another Signal appeared first on BeInCrypto.



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Ripple Price Analysis: XRP Tests Critical Resistance as Bullish Structure Holds

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XRP remains in a constructive short-term structure after rebounding sharply from its recent correction. However, the asset is now approaching the same major overhead supply region that has repeatedly capped upside momentum, making the next move around $1.60 particularly important.

Ripple Price Analysis: The Daily Chart

On the daily timeframe, XRP continues to trade well above both displayed moving averages following August’s explosive breakout. More recently, the price found strong support around the $1.25-$1.32 demand zone, which also coincides with the higher moving average, before launching another impulsive recovery.

That rebound has carried the asset back toward the major $1.60-$1.70 supply zone. The latest candles show the price consolidating around $1.54 after several attempts toward $1.60-$1.65 were rejected, suggesting that sellers remain active in this region.

Nevertheless, the broader structure is still constructive as long as XRP maintains its recent higher lows. A decisive daily close above the $1.60-$1.70 resistance zone would represent a significant bullish development and could clear the path toward higher levels.

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On the downside, the $1.25-$1.32 zone remains the key daily support. Losing this region would substantially weaken the current bullish structure and could expose the much deeper support area around $0.93-$0.97.

XRP/USDT 4-Hour Chart

The 4-hour timeframe shows a clearer sequence of higher lows developing from the September low around $1.25. An ascending trendline has supported the recovery and is now converging with price around the $1.51-$1.53 region.

XRP recently rallied toward $1.60 but was rejected before gradually pulling back into this rising support. The latest candles indicate an attempt to bounce from the trendline, with the price recovering toward $1.54. As long as this structure remains intact, another push toward the $1.60-$1.70 supply zone appears possible.

The immediate challenge is reclaiming the recent $1.60-$1.62 highs. A breakout above this area would put the upper portion of the $1.60-$1.70 resistance zone back in focus and could support continuation of the broader rally.

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Conversely, a confirmed breakdown below the ascending trendline would weaken the short-term setup. In that case, the $1.42-$1.45 demand zone would likely become the next important support area. A failure there could expose the larger $1.22-$1.28 zone, where the latest recovery originally began.

The post Ripple Price Analysis: XRP Tests Critical Resistance as Bullish Structure Holds appeared first on CryptoPotato.



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Claude AI Predicts XRP Could Hit $10 in 2026: How Does it Get There

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Claude AI Predicts XRP Could Hit $10 in 2026: How Does it Get There

In ideal bull-market conditions, Anthropic’s Claude AI predicts Ripple (XRP) could hit $10, assuming sustained liquidity, expanding ETF inflows, regulatory progress, and growing institutional use of the XRP Ledger.

Claude’s bull-case target for XRP sits between $5.50 and $8.50, with a target of $6.50–$7.50, assuming a strong crypto bull market through late 2026.

As of September 25, 2026, XRP trades near $1.55–$1.62, benefiting from broader market strength following Bitcoin’s breakout. Optimistic forecasts, such as Standard Chartered’s target of ~$7, hinge on sustained liquidity, ETF inflows, regulatory progress, and increased institutional use of the XRP Ledger.

SOURCE: Claude.ai

The current market signals the early stages of a sustained bull run, driven by improved macro conditions and capital rotation into large-cap altcoins.

Historical trends suggest XRP could rise significantly alongside Bitcoin, with potential moves up to the mid-to-high single digits in a bullish environment. However, this remains speculative and dependent on market conditions.

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Technical Analysis Supporting the Claude Prediction

On the higher timeframes, XRP has staged a strong multi-week rebound from mid-September lows near $1.25–$1.30, reclaiming key moving averages and pushing through successive resistance levels into the $1.55–$1.62 zone.

A sustained break and weekly close above $1.65–$1.70 (with volume confirmation) would further confirm the intermediate bullish structure, opening the path toward the prior cycle high near $3.65.

In a full bull-market regime led by Bitcoin’s recovery, reclaiming that prior high often acts as a powerful psychological and technical catalyst for further extension.

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Fibonacci projections and measured moves from the multi-year base and recent recovery low project into the $5.50–$8.50 zone on continued momentum.

RSI has improved from oversold levels into constructive territory, price is holding firmly above clustered support from the 50-/100-/200-day averages, and the broader risk-on shift supports trend continuation.

Key supports to defend on any retests include the $1.45–$1.50 zone and the broader $1.30–$1.40 area; a decisive break below those would weaken the near-term recovery thesis.

Overall, the chart setup favors a multi-leg advance with strong upside potential as risk appetite builds, consistent with XRP’s historical pattern of sharp rallies once key resistances clear in bull-market conditions.

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LiquidChain Targets Early Mover Upside as Claude AI Predicts $10 XRP

Anyone holding XRP from the sub-$1 range is in a comfortable spot. But buying in now, chasing a token already up +19% over seven days and pressing into resistance at $1.50, is a different risk calculus entirely; the easy money on this leg has largely been made.

That’s pushing some traders toward earlier-stage plays with more room to run, and cross-chain infrastructure is one of the more active corners of that search right now.

LiquidChain (LIQUID) is building a Layer 3 execution environment designed to fuse Bitcoin, Ethereum, and Solana liquidity into a single unified layer, a “deploy-once, access-all” model for developers tired of fragmenting liquidity across chains.

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The presale is priced at $0.014958 per token, with over $971,000 raised to date. Core features include single-step execution and verifiable settlement, designed to remove bridging friction between ecosystems.

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The post Claude AI Predicts XRP Could Hit $10 in 2026: How Does it Get There appeared first on Cryptonews.




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Bitcoin ETF Comeback: $2.4B Week Flips Year-to-Date Flows Positive

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It was hard to imagine after June ended and the massive outflows recorded within the first six months of the year, but the spot BTC ETFs have managed to turn the tables and are actually well in the green now YTD.

The spot Ethereum ETFs have erased last week’s losses, and the cumulative net inflows are up to nearly $14 billion again.

BTC ETFs Back in Green YTD

As reported earlier this week, the Monday numbers set a multi-month record in terms of daily inflows as investors inserted almost $1 billion within a single trading session. Although the inflows declined by the end of the week, they were still in the green. $714.75 million entered the funds on Tuesday, another $346.98 million on Wednesday, $190.65 million on Thursday, and $134.47 million on Friday.

Consequently, this pivotal week ended with $2.39 billion in net inflows for the spot Bitcoin ETFs, pushing the cumulative total net inflows to $57.55 billion. As mentioned above, the YTD numbers have turned green, which was nearly impossible after June. At the time, investors pulled out a record $4.51 billion from the funds, which followed a painful May with $2.43 billion in net outflows. YTD, the funds were nearly $5.5 billion in the red.

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However, the narrative shifted in July with a modest $172 million in net inflows, but it skyrocketed in August and September. The ETFs attracted $3.52 billion in August and are up by $2.7 billion so far in September. As such, the 2026 numbers are at $925 million in the green.

At the same time, though, the underlying asset remains 40% away from its all-time high. Crypto Rover believes this difference won’t last long, as “institutional money is accumulating like never before and has shortened the bear market dramatically.”

ETH ETFs in Green Too

The exchange-traded funds tracking the largest altcoin also enjoyed a strong start to the business week, gaining almost $270 million on Monday. They also saw green-only in the following four trading days and ended with $689.88 million in net inflows. Thus, they offset all the losses from the previous business week by a large margin and hit a new multi-month high in terms of cumulative net inflows of $13.94 billion.

Meanwhile, the underlying asset touched $2,800 during the week but was stopped there and now trades at around $100 lower.

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Spot Ethereum ETF Flows. Source: SoSoValue
Spot Ethereum ETF Flows. Source: SoSoValue

The post Bitcoin ETF Comeback: $2.4B Week Flips Year-to-Date Flows Positive appeared first on CryptoPotato.




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Quant Crypto Blasts 3x in a Week Following Huge US Bank Deal

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Quant crypto is quickly becoming the hottest asset on the market due to its huge +200% move in the past week, with momentum still going

Quant crypto has exploded roughly +178% over the last seven days, including an extraordinary +72% daily surge. Quant is quickly becoming the most talked-about cryptocurrency, as its price action is tied to a major deal with US banks.

At press time, Quant is trading around $178.46, though the price is moving extremely quickly amid unusually intense volatility.

Quant crypto is quickly becoming the hottest asset on the market due to its huge +200% move in the past week, with momentum still going

(SOURCE: TradingView / Quant Crypto)

Unlike many sudden surges in the crypto market, this excitement is fueled by a major fundamental development. Quant has secured a significant role in The Clearing House’s upcoming on-chain payments infrastructure in the United States.

This builds on its previous work with major UK banks. However, the chart shows valid reasons for caution after the price rose rapidly from around $65 to nearly $200.

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What is the Major U.S. Banking Deal that Has Caused the +200% Quant Price Surge?

The biggest catalyst for this development occurred when The Clearing House announced on September 24 that it had chosen Quant to power its On-Chain Money Initiative. Quant will provide the network’s interoperability, orchestration, and transaction management layer.

This infrastructure is designed to enable financial institutions to clear and settle tokenized deposits while integrating with existing payment systems, including RTP and CHIPS. The network is expected to be available to participating institutions during the first half of 2027.

The Clearing House’s scale helps explain why crypto traders reacted so strongly. Its U.S. payment networks clear and settle over $2 trillion every day. In 2025 alone, CHIPS averaged approximately $2.014 trillion in daily payment value.

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Quant isn’t directly processing $2 trillion worth of transactions. That figure refers to the scale of The Clearing House’s existing payment networks.

Quant has been selected to provide the technology for the new On-Chain Money Initiative, which is scheduled to launch next year. Nevertheless, this partnership places Quant’s technology in close proximity to major U.S. banking infrastructure.

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The U.S. Deal Follows Quant’s Work With Major UK Banks

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UK Finance has selected Quant, along with several banks, including Barclays, HSBC, Lloyds Banking Group, NatWest, Nationwide, and Santander, to provide infrastructure for the UK’s tokenized sterling deposits project.

This initiative involves live transactions of tokenized commercial bank deposits and ensures interoperability between bank ledgers and existing payment systems.

Now, Quant (QNT) is shifting its focus from major banking projects in the UK to a potentially significant role in U.S. tokenized deposits. The Clearing House has highlighted Quant’s experience delivering on-chain capabilities in regulated environments.

For traders, this progression presents a compelling narrative: UK banking infrastructure is paving the way for U.S. banking infrastructure, especially as tokenization and programmable money become increasingly important trends.

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However, investors should be aware that adopting Quant’s technology does not necessarily translate into a direct increase in demand for the QNT token.

While the banking partnership is undoubtedly significant for Quant and its technology, the overall impact on QNT’s token economics remains a distinct consideration.

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Quant Crypto Price Goes Parabolic: What Comes Next?

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Throughout most of the displayed period, QNT traded within a relatively limited range. The price lingered between approximately $60 and $80 for several months, with the 200-day moving average positioned around $69.40.

QNT first broke through the $70-$80 range before rapidly climbing past $100. Following that, the price surge became nearly vertical, with QNT soaring through $120, $150, and $170, eventually reaching a high around $194.

Currently, at approximately $178, QNT is significantly above its 200-day moving average. While this doesn’t necessarily mean the rally will end immediately, prices can stay elevated longer than traders expect when a strong narrative meets speculative demand.

However, the gap between QNT’s current price and its underlying technical structure has reached an extreme level. There is very little recent price action to reference between roughly $100 and the current price, as QNT moved through that range too quickly.

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This lack of established price structure can pose challenges during a reversal, as there are fewer areas where buyers previously accumulated positions.

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The post Quant Crypto Blasts 3x in a Week Following Huge US Bank Deal appeared first on Cryptonews.




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Wall Street Giant Warns AI Agents Could Trigger a New Kind of Bank Run

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Apollo chart comparing fintech deposit yields with FDIC national averages, AI agents bank account

AI agents such as Meta’s Muse could soon pull cash out of bank accounts paying 0.1% and into accounts paying up to 5%, Apollo chief economist Torsten Sløk warned on Sunday.

AI agents are assistants that can act for a user, not just answer questions. Sløk says that at scale, the shift could strip banks of the cheap deposits they lend out.

How Much a 0.1% Bank Account Costs You

On a $10,000 balance, a 0.1% checking account earns about $10 a year. At 5%, the same money earns about $500.

Sløk’s note lists 11 fintech and online accounts paying between 3.3% and 5%. Adelfi tops the chart at 5%, followed by SoFi at 4.5%. The Federal Deposit Insurance Corporation (FDIC) national averages it cites are 0.4% for savings and 0.1% for checking.

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Apollo chart comparing fintech deposit yields with FDIC national averages, AI agents bank account
Apollo chart comparing fintech deposit yields with FDIC national averages, AI agents bank account. Source: Apollo

Banks pay savers little and lend the money out at higher rates. That difference is a core source of their profit.

“If every household used AI agents to optimize the return on their cash balances, banks could lose a large share of the cheap deposits they rely on to make loans, which would be a problem for the entire financial system,” read an excerpt in the report.

Can Muse Move Your Money Yet?

Meta launched Muse on September 8. Plaid, the data firm that connects it to more than 12,000 US financial institutions and apps, says users can see balances, transactions, investments, and mortgage details through the agent.

Plaid’s announcement does not say Muse can move money between accounts. Sløk describes the sweep as something that “could soon” happen, and his warning rests on every household using such agents.

Interest in the agent is climbing. On Thursday, JPMorgan raised its Meta target and said Muse could become the most widely used consumer AI app since ChatGPT.

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Market Watchers Say Savers Are Already Moving Cash

Mike Zaccardi, a chartered financial analyst, says he already keeps his own cash in BOXX, an exchange-traded fund that aims to earn returns close to short-term Treasury bills.

“Is an Agentic Bank Run Coming? AI assistants are about to auto-sweep cash from 0.1% checking accounts into 5% yields. If everyone adopts them, banks lose their cheap deposit base… risking a systemic crunch,” wrote Zaccardi.

Nate Geraci, co-founder of the ETF Institute, said AI and crypto are both coming for the traditional banking model. He urged politicians to embrace the change rather than fight it.

Washington is already fighting over who gets to pay savers. Stablecoin yield is one of the issues in the push to revive the Clarity Act crypto bill, which failed a Senate procedural vote on September 15.

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Sløk’s note does not estimate how much cash could move, or how fast.

The post Wall Street Giant Warns AI Agents Could Trigger a New Kind of Bank Run appeared first on BeInCrypto.




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THORChain decentralization challenged over DPRK flows

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THORChain approves ADR028 as RUNE holders await network restart

GoPlus Security has challenged THORChain’s decentralization claims, arguing that its validator-controlled vaults and emergency mechanisms give node operators powers that differ from Bitcoin and Ethereum.

Summary

  • GoPlus argues THORChain validators can halt signing, challenging comparisons with Bitcoin and Ethereum decentralization models.
  • THORChain documentation allows emergency pauses, chain-specific signing halts and Mimir votes when funds face risks.
  • FBI attributed the 2025 Bybit theft to North Korea and urged services to block transactions.
  • THORChain halted its network after a May exploit drained approximately $10.7 million from one vault.
  • GoPlus claims Bitget-linked funds have moved through THORChain while North Korean attribution remains unconfirmed publicly.

GoPlus Security said on Sept. 27 that THORChain should not compare its cross-chain architecture directly with decentralized Layer 1 networks when explaining why stolen funds cannot be blocked. The firm pointed to THORChain’s threshold-signature vaults, active validator set and emergency governance controls.

Its criticism follows renewed scrutiny over stolen funds routed through THORChain after the Bitget breach. GoPlus claims around 101.5 BTC linked to the incident had already exited through the protocol, while another 27.63 million XRP was being routed toward Bitcoin.

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Bitget has not publicly confirmed that North Korean actors carried out its September attack. The exchange said investigators had seen preliminary IP and VPN similarities associated with previous North Korean-linked activity, but attribution remained unconfirmed, as crypto.news reported after the Bitget breach.

THORChain validators can halt signing during emergencies

GoPlus based part of its argument on controls documented by THORChain itself. THORChain’s emergency procedures state that a node operator can issue a make pause command when funds face a critical threat. One pause lasts 720 blocks, or roughly one hour, while additional nodes can extend the halt.

Node operators can then vote on more targeted measures through Mimir, the protocol’s on-chain parameter system. THORChain documentation lists trading halts, chain-specific stops and signing controls among the available emergency actions.

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GoPlus argued that these controls distinguish THORChain from Bitcoin or Ethereum base-layer consensus. THORChain uses threshold signatures to authorize outbound transactions from shared vaults, meaning participating nodes collectively manage the signing process for cross-chain swaps.

THORChain describes the same mechanism as a security design intended to distribute control among independent node operators rather than place vault keys with one entity.

The protocol’s own May exploit report says operational Mimir parameters can activate after three node votes. Four votes can overturn the decision, while another five can reinstate it. Economic parameters require a two-thirds supermajority.

GoPlus cited those features when arguing that THORChain has mechanisms capable of stopping specific flows when operators believe funds are at risk.

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May exploit showed THORChain can coordinate a halt

THORChain used those controls during its own security incident on May 15.

A malicious validator exploited weaknesses in the protocol’s GG20 Threshold Signature Scheme and reconstructed the private key for one Asgard vault. Approximately $10.7 million was drained before the network fully stopped.

Automatic solvency monitoring first detected irregular vault balances and halted signing and trading on several chains. Node operators then coordinated through Discord and used manual pauses and Mimir votes to stop trading, signing, chain observation and validator churning.

THORChain’s official exploit report says roughly 18 to 20 nodes stacked pause commands during the response. A complete controlled halt was reached within around two hours after community members raised the alarm.

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The network remained offline for roughly five weeks. Trading resumed June 23 after patched signing code, vault checks and governance-approved recovery procedures were introduced.

As crypto.news reported when trading resumed, THORChain restored swaps, signing, churning and liquidity operations after completing its restart process.

GoPlus referred to that intervention as evidence that THORChain operators possess working tools for stopping network activity when security concerns reach an emergency threshold.

Bybit laundering dispute remains central to the argument

The disagreement over illicit transactions dates back to the February 2025 Bybit hack. The FBI formally attributed the theft of approximately $1.5 billion in virtual assets from Bybit to North Korea. Its public notice identified the activity as part of the TraderTraitor campaign.

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The agency specifically encouraged exchanges, bridges, RPC operators, DeFi services and blockchain companies to block transactions involving addresses connected with the stolen assets.

Much of the stolen Ethereum was later converted into Bitcoin through cross-chain services. Bybit CEO Ben Zhou said around 72% of roughly $900 million in converted assets had passed through THORChain.

Crypto.news reported in March 2025 that the attackers converted most of the stolen 499,000 ETH within ten days, with THORChain handling a large share of the swaps.

Early in that laundering period, THORChain recorded $2.91 billion in trading volume and roughly $3 million in fee revenue over five days, according to on-chain data cited by crypto.news.

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GoPlus’s new post uses a later estimate of roughly $5.9 billion in volume and $5.5 million in fees. Those figures are the security firm’s calculation and have not been confirmed in THORChain financial disclosures.

Earlier THORChain vote to block flows was reversed

The Bybit episode produced an internal dispute among THORChain contributors and validators. In February 2025, three validators voted to halt Ethereum trading as stolen Bybit funds moved through the protocol. Developer Oleg Petrov later said the action was reversed within minutes.

Core contributor Pluto subsequently said he would stop contributing to THORChain. Validator TCB said at the time that he could leave as well unless the network developed a way to stop North Korean-linked flows.

THORChain founder John-Paul Thorbjornsen supported continued trading and opposed allowing a non-authority third party to dynamically update protocol-level deny lists.

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Thorbjornsen said he would support nodes using static deny lists based on official OFAC or FBI information if individual operators were comfortable doing so.

GoPlus now argues that official government attribution provides a stronger basis for intervention than dynamic lists maintained by private security companies.

The FBI’s 2025 Bybit notice explicitly asked private-sector virtual asset services to block transactions involving or derived from the listed TraderTraitor addresses.

Bitget flows renew the decentralization dispute

GoPlus brought the earlier arguments back into focus after the September Bitget breach. The firm claims approximately 101.5 BTC worth around $8.5 million has already exited through THORChain from Bitget-linked flows. It said another 27.63 million XRP, valued near $43 million, was moving through swaps toward Bitcoin.

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Those numbers come from GoPlus’s tracing and should be treated as the security company’s analysis rather than figures confirmed by Bitget or THORChain.

Bitget has raised its confirmed estimate of assets transferred to attacker-controlled addresses to approximately $387.5 million. The exchange has begun offering recovery bounties and plans to restore withdrawals in stages from Sept. 28. Crypto.news reported the updated loss and bounty program on Sept. 26.

GoPlus said THORChain could use its existing emergency framework for funds tied to addresses officially identified by agencies such as the FBI or OFAC.

THORChain’s documented emergency procedures define a critical event as one in which funds in pools or vaults face an attack or another threat to protocol security. The documentation tells node operators to initiate pauses and vote on targeted emergency actions under those conditions.

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Whether the same framework should be applied to externally stolen assets moving through THORChain is the point of dispute raised by GoPlus. THORChain’s published procedures describe technical security emergencies but do not state that every third-party theft automatically requires a protocol halt.



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