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September was a breakout month for Binance-backed decentralized exchange Aster. The platform notched three major records that reflect its rapid ascent in decentralized finance (DeFi). From Ethereum inflows to overtaking rivals in trading activity, Aster’s growth is attracting traders, whales, and influencers alike. Ethereum Locked in Aster Surpasses 331,000 According to DefiLlama data, the amount of ETH locked in Aster reached 331,864 Ethereum as of September 23. This follows a sharp spike in the final week of the month.Sponsored Sponsored Amount of Ethereum Locked in Aster. Source: DefiLlama The milestone reflects a wave of liquidity rotation into the protocol. It…

Stablecoin issuer Tether has denied widespread local media reports that it is exiting Uruguay over a $4.8 million debt dispute with one of the country’s state-owned electricity entities.According to local news source Telemundo, Tether abandoned its crypto mining operations and future plans after the National Administration of Power Plants and Electric Transmissions (UTE) unplugged power at its facilities for failing to pay a $2 million electricity bill for May.It also reported that Tether also owed around $2.8 million for other local projects, bringing its total liabilities to roughly $4.8 million, excluding fines and surcharges, Telemundo said on Saturday, citing fellow…

Illustrations: Optics LabIf you want to get a sense of the truly global scale of the electronics industry, look no further than your smartphone. The processor that powers it started as a humble rock, and by the time it found its way into your device, it had probably seen more of the world than you have. Along the way it was subjected to some of the most technologically sophisticated and closely guarded processes on the planet. Come along as we retrace that incredible 30,000-kilometer ride. 1. Quartz Your smartphone processor began its journey in the northwest corner of Spain, at…

Key points:Bitcoin witnessed the biggest long liquidation of the year, indicating that bulls are losing their grip over the market.Several altcoins are striving to hold on to their support levels but may face solid selling on rallies.Bitcoin (BTC) fell to $111,800 on Monday but has since recovered above the $112,700 level. The nasty fall was due to liquidation of leverage positions. CoinGlass said in a post on X that traders faced $1.62 billion in long liquidations in 24 hours, which was the biggest long liquidation of this year.Select analysts are not perturbed by the fall as they anticipate BTC to…

Welcome to the US Crypto News Morning Briefing—your essential rundown of the most important developments in crypto for the day ahead. Grab a coffee to read how markets are moving this September. From ETF (exchange-traded fund) flows to sudden liquidations, gold and Bitcoin (BTC) are shaping very different stories as investors search for stability and opportunity. Crypto News of the Day: Gold Outshines Bitcoin as ETF Inflows Signal Shifting Market Trends September has been marked by surging ETF inflows into both gold and Bitcoin. However, gold is stealing the spotlight.Sponsored Sponsored On a 30-day rolling basis, inflows into gold funds…

Bitcoin price has faced sharp losses in recent days, reflecting the pressure of a bearish market environment.  The crypto king dipped below key thresholds, sparking fears of a potential bear market structure ahead. While investors are closely watching for signs of reversal, the outlook remains uncertain. Bitcoin Has A Pain Threshold The Short-Term Holder (STH) Cost Basis Model highlights Bitcoin’s vulnerability at the moment. The STH cost basis currently sits at $111,400, meaning that sustained trading below this level could trigger deeper downside pressure. Remaining above this threshold is crucial to avoid further structural weakness.Sponsored Sponsored A decisive break below…

The Bitcoin hashrate crossed an important milestone this week, hitting 1 zetahash per second. That’s 1,000,000,000,000,000,000,000 hashes computed every single second. To put it simply: Bitcoin is more secure and powerful than ever.As macro investor and long-time Bitcoin advocate, Dan Tapiero questioned:“How do people still not get it?”Bitcoin hashrate at an all-time highThe Bitcoin hashrate is at an all-time high. A zetahash is a trillion exahashes, or one sextillion hashes, and this figure represents the total computational muscle powering Bitcoin’s Proof-of-Work consensus system.Miners deploy purpose-built computers to compete for new blocks, rapidly running cryptographic “nonce” guesses until one solution fits.Hashrate…

ASTER price is consolidating near $1.7 and is supported by a daily trading volume of $2.1 billion. With resistance at an all-time high near $2 and support at $1.48, ASTER’s price is largely bullish. Upcoming token unlock could introduce volatility. While several top coins are struggling with downside pressure, Aster’s native token is posting slight gains near $1.7. The token’s price was up 13% in the past 24 hours, and a staggering 1,980% in the past week at the time of writing, driven by robust trading activity that had daily perps DEX volume hitting $11 billion. ASTER’s growth as a…

Robinhood Markets Inc. (ticker HOOD) has been making news lately. On June 30, Robinhood announced a number of game-changing products and services for its retail users in the United States and the European Union. Now, the trading platform is planning to widen access to privately held companies in the U.S. On September 15, the company announced the launch of Robinhood Ventures Fund I (RVI), a closed-end fund that filed an initial registration statement with the U.S. Securities and Exchange Commission (SEC).Once approved, the fund—which would be managed by Robinhood Ventures DE LLC, a wholly owned subsidiary—will offer retail investors exposure…

U.S. Senator Cynthia Lummis (R-WY) has called for stronger safeguards around cryptocurrency ATMs, amid growing concerns that the machines have become a favoured tool for scammers preying on seniors.Lummis said she intends to address the problem in upcoming market structure legislation she is co-sponsoring with Senator Kirsten Gillibrand (D-N.Y.).“This is something that has concerned me for a long time, and Senator Gillibrand and I first introduced legislation stopping bad actors in the crypto kiosk space in 2023,” Lummis tweeted on Monday. “This is just one of the issues we hope to address in market structure.” This is something that has…