Crypto Industry News & Market Trends

VVV crypto falls 25% - Could Venice Tokens buy zone be near $20？

Venice Token [VVV] slid to a low of $25.90 on the 29th of September, marking a 25% drop from its record peak of $34.60. Although the altcoin flashed a reversal sign (an incomplete hammer candlestick), an extra price decline and discount couldnt be overruled.　　Should VVV crypto bulls wait a little longer？　　Following Bitcoins [BTC] cue and subsequent drop from $87K to $82K, the VVV crypto also faced a similar sell-off. The VVV crypto tripled in Q3, rising from $10 to $35, a whopping +230% gain between July lows and September peak.　　Although the brief Bitcoin pullback triggered VVV holders to book profit, the selling may be far from over. First, the broader market may remain range-bound ahead of the Fed rate decision in late October. If so, altcoins that have exploded in Q3, including VVV, may see more profit-taking.　　Source: VVV/USDT, TradingView　　On this macro backdrop, the recent 20% drop seems incomplete. The pullback has not touched the typical golden zone and reversal level at the 50%-61.8% Fibonacci level ($20-$22). In other words, an extended decline could still be possible towards this support level.　　The level was also a confluence of the 200-day Moving Average (MA) and the Fibonacci golden zone, further reinforcing it as

09-30Industry

Feds Williams says worst inflation shocks have passed

New York Federal Reserve (Fed) President John Williams spoke at the University of Buffalo and said that “price stability is foundational for the economy,” adding that “determining how restrictive monetary policy is is hard.”　　Williams added that inflation should temper because the “biggest shocks” have passed and added that the “September rate hike aimed at creating a swifter return to 2% inflation.”　　Discover more　　Bitcoin halving forecast　　Digital Currencies　　Buy Ethereum online　　Key highlights:　　Price stability is foundational for economy　　Inflation should ease because biggest shocks have largely played out　　Energy prices remain very important in economy, but us is less exposed relative to past　　Depending on war‘s path, doesn’t expect further surge in energy prices　　Determining how restrictive monetary policy is is hard　　September rate hike aimed at creating swifter return to 2% inflation　　Im a big believer in being data dependent　　K-shaped economy is very real　　AI is driving up asset market valuations, bolstering wealth effect　　Starting to see some data that shows AI bolstering productivity gains　　Fed should stay out of partisan politics and focus on data　　Strong period of productivity could lift natural rate of interest　　Fed FAQs　　Monetary policy in the US is shaped by the Federal Reserve (Fed). The Fed has two mandates: to achieve price stability and foster full employment. Its primary tool

09-30Industry

8 Things That Don‘t Add Up About Anthropic’s IPO

Anthropic wants stock market investors to value it at more than $2 trillion. Last year, the company behind Claude AI lost $42 billion.　　Both numbers sit in Anthropics IPO prospectus, the document a company files before selling shares to the public. Reuters reviewed it on Monday. Here are eight places where the pitch and the numbers pull apart.　　Anthropic valuation: $2 trillion　　Amazon valuation: $2.6 trillion　　Anthropic revenue: $65 billion　　Amazon revenue: $716 billion　　Explain this gap. https://t.co/QPXe39TJp4 pic.twitter.com/ogB8nTsLIo　　— Limitless Finance (@trylimitlessfin) September 29, 2026　　1. A $2 Trillion Price Tag on $4.6 Billion in Sales　　Anthropic made about $4.6 billion in 2025 revenue. At $2 trillion, investors would be paying roughly $435 for every $1 of sales.　　Sponsored　　Sponsored　　Annualized revenue reached $65 billion in July and could hit $100 billion by year-end. But that is based on the current run rate, not a full year of audited sales.　　That makes the valuation unusually dependent on growth continuing almost perfectly. A slowdown would make the $2 trillion figure look much harder to justify.　　2. The Business Lost $8 Billion　　Anthropic lost $8.06 billion from operations, up from $2.98 billion in 2024.　　The headline $42 billion loss exaggerates the cash burn. Yet the underlying business is still losing billions, and those losses are growing.　　Anthropics IPO

09-30Industry

Kalshi Weighs $1B Funding Round at Nearly $40B Valuation as

Kalshi is considering a funding round of about $1 billion at a valuation near $40 billion, according to reports, as the prediction-market operator expands beyond event contracts.　　Sequoia Capital and Wellington Management are in talks to participate, while Tiger Global Management and Dragoneer Investment Group are also considering joining. The discussions remain ongoing, and the deal size and valuation could change.　　Funding Talks Continue　　Kalshi last raised $1 billion in May at a $22 billion valuation. A new round at $40 billion would nearly double the companys valuation within months.　　Related: House Oversight Broadens Prediction Market Probe to Hyperliquid, Crypto.com　　Sequoia could lead the financing, while partner Alfred Lin serves on Kalshis board. The terms remain under negotiation, with the deal expected to develop in the coming weeks.　　Polymarket is also exploring a funding round of about $1 billion as prediction markets attract increased investor interest.　　Kalshi Expands Into Financial Markets　　Kalshi is seeking to expand beyond event contracts into financial and economic markets, bringing it into greater competition with established derivatives exchanges such as CME Group and Intercontinental Exchange.　　Dune data shows Kalshi has increased its market share relative to Polymarket over the past year.　　The expansion comes as lawmakers examine prediction-market regulation and investor protections. Kalshi operates under

09-30Industry

Bitcoin Was the Asset. Now Institutions Are Building Around It

Institutions are moving beyond the question of whether to own bitcoin and toward how to finance, hold, and use it. A new research note says the shift could shape bitcoins next phase of adoption.　　Key TakeawaysTD Cowen sees growing interest in finance built around bitcoin.Blackrock described ETFs and self-custody as complementary.Privacy and security are emerging as institutional issues.　　Bitcoin Becomes the Basis for New Financing　　Bitcoin is becoming the foundation for a wider set of financial products, according to TD Cowens account of the Sept. 28 Bitcoin Treasuries Conference in New York. TD Cowen is a division of TD Securities. Its equity analyst Lance Vitanza, CFA, examined discussions of capital formation, collateral, and funding structures in a Sept. 29 sector note titled “Three Themes Shaping the Next Phase of Institutional Bitcoin Adoption.”　　Vitanza wrote:　　“The conversation is moving beyond bitcoin ownership and toward the ecosystem being built around it: capital markets, implementation frameworks, and institutional infrastructure.”　　“The conversation is moving beyond bitcoin ownership and toward the ecosystem being built around it: capital markets, implementation frameworks, and institutional infrastructure.”　　Conference participants discussed bitcoin-backed bonds, preferred shares (stock with priority over common shares for dividends), convertible securities (instruments that can be exchanged for shares under specified terms), and financing

09-30Industry

Raydium corrects 12% after a 138% monthly run - Is RAY losing strength？

Raydiums 138% monthly uptick encountered a sharp reset as RAY dropped 12.06%, as weakening market sentiment triggered profit-taking across the market.　　Particularly, the retracment followed an extended rally that had pushed RAY into increasingly into overheated conditions.　　Besides profit-taking activity, the broader conditions also became less supportive during the decline. Notably, the Crypto Fear & Greed Index declined from 70 to 69, although sentiment maintained within “Greed.”　　The assets daily trading volume, meanwhile, reached approximately $75.4 million, validating strong participation during the sell-off.　　The combination of profit-taking and cooling market sentiment, therefore, put RAYs recovery under its strongest recent pressure.　　Source: CoinMarketCapLeverage retreats as longs take the hit　　Also notably, the derivatives market participants minimized exposure as RAYs retracement spread beyond the spot market.　　Discover more　　News　　NEWS　　Finance market insights　　In particular, Open Interest declined 8.88% to $15.93 million, suggesting leverage left the market alongside the falling price.　　Additionally, the recent liquidation activity provided another element to the deleveraging trend. Notably, the long liquidations dominated during the latest reading, reaching nearly $8.57K compared to just $23.66 in shorts.　　It is also worth noting that the larger long-liquidation spikes had already appeared during most of the Septembers volatile sessions. The recent decline, therefore, extended a broader pattern of leveraged bullish positions facing pressure.　　The

09-30Industry

Hut 8 locks in $1B credit line, but faces 40% liquidity rules

Bitcoin miner Hut 8 announced on Sept. 28 that it had closed a four-year, $1 billion senior secured credit line.　　Related Company Hut 8 Business building technologists　　The facility gives the parent company room to borrow during site development and to back construction obligations with letters of credit. Its securities filing says no amounts were outstanding when the agreement closed on Sept. 24.　　Hut 8 says letters of credit can support interconnection deposits and obligations to utilities and equipment vendors, reducing the cash it needs to post as collateral. The $1 billion letter-of-credit sublimit is contained within the overall commitment.　　Related Asset Bitcoin BTC · $83,590.84 24-hour change: up 0.15%　　In effect, the line offers two ways to use a single pool of bank capacity: borrowing cash or securing eligible obligations.　　Flexibility for development, exposure at the parent　　Hut 8s June 30 balance sheet listed $233.6 million in cash, with restricted funds reported separately.　　The line can help bridge interim development needs while Hut 8 decides when to arrange longer-term project financing, according to the company. That timing gives the parent a financing option while projects move through their earlier stages.　　Hut 8s $1.07 billion secured revolver supports borrowing or letters of credit, with nothing outstanding at closing.　　The new

09-30Industry

Sam Altmans OpenAI Eyes $1.4T Valuation in $30B Raise Ahead of 2027 IPO

ChatGPT maker OpenAI is seeking at least $30 billion from investors at a valuation near $1.4 trillion, excluding the new capital. According to reports, the talks follow OpenAIs decision to postpone its planned public-market debut beyond 2026.　　The talks are still in their early stages, and terms may be subject to change prior to any deal. Investor demand is driving the round, which is expected to serve as bridge financing before an eventual IPO.　　Ad　　Ad　　OpenAI Turns to Private Funding Before IPO　　The proposed raise follows OpenAIs March financing, which secured $122 billion in committed capital at an $852 billion valuation. A $1.4 trillion valuation would represent another increase as investors continue backing the ChatGPT maker.　　CEO Sam Altman recently ruled out an IPO during 2026, citing concerns surrounding the pace and safety of AI development. The bridge round would provide additional capital while OpenAI prepares for a potential 2027 listing.　　Discover more　　Coinbase trading platform　　Bitcoin investment guide　　News　　As this progresses, the prediction-market traders are also leaning toward a later timetable. Kalshi currently prices a 49% chance that OpenAI formally announces an IPO before June 1, 2027, and before January 1, 2027, stands at just 1%.　　OpenAI is also competing with Anthropic for enterprise customers while both companies prepare

09-30Industry

Tokenized Stocks Hit $3.6B as Avalanche and Solana Split the Market

Key TakeawaysTokenized stocks hit a $3.6B market cap as Avalanche drew $131.2M last week and Solana added 123,500 holders.Avalanche is winning institutional capital while Solana and Robinhood attract more retail users.DeFi TVL and DEX volume will show whether tokenized stocks become a deeper onchain market.　　Avalanche Leads Tokenized Stock Growth as Solana Wins New Users　　Tokenized equities are starting to reveal two very different growth stories.　　Over the past seven days, Securitizes SECZ added $132 million in market capitalization, almost 10 times more than the next-largest tokenized stock, according to the RWA Foundation.　　That single move helped push Avalanche to the top of the blockchain rankings, with $131.2 million in new tokenized-stock value during the span.　　Yet Avalanche barely registered among the networks attracting new holders. Instead, Solana added 123,500 tokenized-stock holders, suggesting institutional capital and retail crypto adoption are increasingly moving through different rails.　　Discover more　　Financial literacy course　　Merchant Services & Payment Systems　　Bitcoin investment guide　　Avalanche Captures the Institutional Money　　Blackrock-backed Securitize accounted for $131.1 million of issuer-level market-cap growth, more than seven times the rest of the top eight issuers combined. xStocks ranked a distant second with $17.5 million.　　SpaceX exposure also remained popular. Binance‘s SPCXb added $13.3 million, while xStocks’ SPCXx gained $3.6 million. Tokenized products built

09-30Industry

Solana Price Eyes $150 as ETFs Accumulate 4.37 Million SOL

Key Insights:Solana price trades near $119 after retreating from the $125 area.According to Analyst Ali Charts, US spot Solana ETFs have accumulated 4.37 million SOL since July 13.Completed-week ETF inflows reached $188.1 million, while $120 and $125 remain price hurdles.　　Solana price traded near $119 on Tuesday after retreating from just below $125 last week. The pullback left SOL beneath $120; the first-level traders are watching for another advance. CoinGecko showed a 24-hour range of $116.44 to $120.49 when checked on Tuesday.　　Solana price movement | Source: CoinGecko　　ETF demand offers a separate measure of interest. Analyst Ali Charts said US spot Solana ETFs accumulated roughly 4.37 million SOL since July 13. He placed $150 on his upside watchlist, though the price has yet to clear nearby resistance. His 11-week count runs through September 25. The current trading week is still underway.　　Solana Price Tests $120 After Retreating from $125　　SOLs seven-day high was $124.77, close to $125, as shown in the recent SOL crypto price analysis. By Tuesday, the Solana price had slipped back under $120. That move interrupted its breakout attempt and left traders watching for a return above the threshold.　　Discover more　　Fintech investment reports　　Distributed it does not establish that buyers will defend the

09-30Industry

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