Cryptonews

Galaxy Digital Wallets Flashing Red 🚨

Hourly Outflow: -691 BTC

This kind of outflow can precede near-term sell pressure-watch liquidity, spreads, and price reaction.

According to Two Seas, this merger is about as appealing as a soggy sandwich. 🥪 They claim it “materially undervalues” Core Scientific, which is just a fancy way of saying, “You’re selling yourselves short, folks!” And let’s not forget the cherry on top: the deal allegedly puts investors at “considerable economic risk.” Yikes! 😱 The vote will take place at a virtual shareholder meeting, because who needs the drama of an in-person showdown when you can just log in from your couch? 🛋️

Alas, the Kraken’s faithful murmur with skepticism, their brows furrowed like the waves in a storm. “What synergy,” they cry, “exists between this acquisition and the exchange’s other endeavors? Is this not but a prelude to the grand spectacle of an IPO?” Their suspicions, though unspoken, hang heavy in the air, like a cloud awaiting the thunderbolt of confirmation. ☁️⚡

According to CoinGlass-which sounds like the name of a fancy cocktail-long traders just took a hit for $202,180 in the last 60 minutes. That’s gotta hurt, like biting into a sandwich and realizing it’s just bread. XRP did reach a peak of $2.88, then decided to ghost us like a bad date because low volume meant no one was really interested.

Ethereum [ETH] tokenized stocks are getting cooler by the minute, and Ondo Finance just sashayed onto the scene like it owns the place.

The CoinDesk 20 Index, that grand arbiter of financial fate, stands at a sorrowful 4036.82-down 1.2% (-47.12) since yesterday’s curtain call at 4 p.m. ET. Yes, it has fallen, like a proud nobleman who tripped over his own cape. 🛡️

The charts, those fickle harbingers of doom, and the on-chain data (which sounds like something a dwarf would mine for) both point to one thing: the sellers are having a jolly old time while the buyers cower in the corner. 📉💔

Let’s talk about poor little PEPE, the meme coin that dreams big but keeps getting smacked down. It fell below a key support level (RIP), and now everyone’s whispering about a potential 15% nosedive. You know, casual Friday drama for cryptocurrencies. 😅

In a dispatch posted on X-the platform formerly known as Twitter but now apparently christened “X” because why not?-Armstrong assured us all that this AI business would be handled responsibly. “Obviously,” he declared, in tones one imagines were suitably grave, “it needs to be reviewed and understood.” How reassuring! One pictures him stroking an invisible beard while nodding sagely. He went so far as to share a chart demonstrating how AI-generated code has more than doubled since April, which is either impressive or alarming depending on whether you’re an optimist or someone who fears Skynet is just around the corner.

According to crypto analyst Arab Chain, Binance’s total futures volume for August reached $2.626 trillion, an all-time high for 2025. This figure surpasses the previous record of $2.552 trillion set in July, reflecting a powerful return of market momentum and a fresh influx of capital. The analyst points to strengthened liquidity on Binance, which is solidifying its position as a dominant global futures marketplace. “Aha! The market is alive, but is it wise?” 🤔