Community members questioned whether the surge in trading volume reflects market conviction or aggressive incentive farming. Perpetual trading volumes on decentralized exchanges (DEXs) surged to an all-time high of $70 billion on Thursday, driven by Aster, a newly-launched derivatives platform on BNB Chain. Perpetual DEXs surged to record volumes for three consecutive days as decentralized […]
BitMEX Reports Over 185% Liquidity Growth Following AWS Tokyo Migration
Mahe, Seychelles, September 25th, 2025, Chainwire Following its data centre migration to AWS Tokyo, BitMEX has seen over 185% improvement in liquidity across 9 derivatives contracts as well as order placement and market data latency to increase active market-making participants on the platform. BitMEX, one of the world’s safest crypto exchanges, today announced the results […]
T-REX Launches Intelligence Layer to Fix Web3’s Value Distribution Problem
Hong Kong, Hong Kong, September 25th, 2025, Chainwire T-REX, a new data and engagement infrastructure for Web3 building on Arbitrum, today announced the launch of its platform aimed at addressing one of the industry’s most persistent challenges: inefficient value distribution. With $17 million from investors, including Arbitrum Gaming Ventures, Framework Ventures, North Island Ventures, and […]
Stablecoin-Focused Plasma’s XPL Token Debuts With Over $2.4B Market Cap
The stablecoin-focused Plasma blockchain’s native token, XPL, debuted on major exchanges, including Binance and OKX, on Thursday. The token drew a price of up to $1.54 in early trading, resulting in a market capitalization of over $2.8 billion. The plasma token has a genesis supply of 10 billion, of which 18% or 1.8 billion is […]
Cipher Mining Stock Gains 5% on Google AI Hosting Deal
The artificial intelligence and high performance computing sector continues to boom, with Google set to acquire warrants to buy roughly 24 million shares of Cipher Mining (CIFR), equal to about 5.4% equity ownership, as part of a 10-year AI hosting deal with Fluidstack. The agreement underscores Google’s deeper push into AI infrastructure while boosting Cipher’s […]
Bitcoin ETFs enter ‘slowdown’ phase: Are bears hunting for $90K BTC price?
US spot Bitcoin ETF flows cooled after strong prior inflows, signalling weaker institutional demand that could push BTC price into an extended correction. Key takeaways: The slowdown in spot Bitcoin ETF flows signals weak institutional demand, hinting at a cooling bullish sentiment $108,000 is a short-term target for the bears, with some BTC analysts predicting […]
Morgan Stanley to Launch Bitcoin Trading on E*Trade in 2026
Morgan Stanley is about to take one of the biggest steps on Wall Street into the Bitcoin space by offering digital assets trading to retail clients through its E*Trade platform. The rollout, expected in the first half of 2026, will give E*Trade clients access to bitcoin, as well as altcoins such as ethereum and solana. […]
Over US$13 Billion have trusted Pendle, Becoming one of the largest DeFi protocols on Crypto
Singapore, Singapore, September 25th, 2025, Chainwire Pendle Finance, the world’s biggest yield trading platform in crypto, has achieved a new milestone: reaching over US$13 billion in Total Value Locked (TVL) and elevating it as a top protocol in DeFi. This presents a continuation of its strong growth trajectory trusted by big names such as Binance […]
Crypto Markets Today: AVAX Open Interest and Price Tanks, HYPE Underperforms
The crypto market slid early Thursday as ether, the second-largest token, dropped more than 3% to below $4,000. The decline triggered large liquidations, including a multimillion dollar loss for one whale. Bitcoin (BTC) also fell 1.5% to $115,600, nearly erasing gains from Wednesday’s rebound. Other major cryptocurrencies followed suit amid declines in Nasdaq and S&P […]
EigenLayer (EIGEN) Down 8% as Bulls Face Critical $1.75 Test
EIGEN price drops to $1.69 amid bearish momentum, but technical indicators suggest potential reversal as EigenLayer tests key pivot point support levels. (Read More)