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Cipher Mining Secures $3B HPC Deal with Fluidstack, Backed by Google

Coins Legend September 25, 2025 0

Cipher Mining announced a $3 billion, ten-year HPC colocation deal with Fluidstack, backed by Google’s $1.4 billion investment. Google’s Strategic Backing Adds Credibility Bitcoin miner, Cipher Mining Inc., has announced a landmark 10-year high-performance computing (HPC) colocation agreement

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Bastion Bags $14.6M to Help Brands Launch Digital Dollars Without Writing Code

Coins Legend September 25, 2025 0

Bastion has raised $14.6 million in new financing led by Coinbase Ventures with Sony Innovation Fund and Samsung Next, pushing the stablecoin infrastructure startup’s total funding past $40 million to scale its white-label service for enterprises. Stablecoin-as-a-Service The New York–based firm, Bastion, builds Stablecoin-as-a-Service stacks that let companies issue

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Gate Launches Layer 2 Network for Web3 Expansion

Coins Legend September 25, 2025 0

Gate has launched Gate Layer, a high-performance layer 2 network built on OP Stack, while revamping its GT token economy. The move aims to accelerate large-scale web3 adoption through lower costs, faster transactions, and expanded ecosystem tools. Gate Bets on High-Speed Layer 2 Amid Ecosystem Overhaul Crypto exchange Gate has announced the launch of Gate […]

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Margin Call Nightmare: BTC’s Plunge Below $109,000 Flushes $265M in Longs

Coins Legend September 25, 2025 0

Bitcoin plunged to $108,652 on Bitstamp Thursday, wiping out over $265 million in bitcoin long positions in what might be crypto’s most dramatic hangover. Bitcoin Craters Call it the great leveraged purge. Bitcoin’s crash to $108,652 on Bitstamp didn’t just rattle traders—it set off a domino effect of liquidations. Over $265 million in BTC long […]

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XRP Stalls Near $3 as Traders Reload for the Next Move

Coins Legend September 25, 2025 0

XRP spent the week boxing in the high-$2 range, slipping from a $3.13 feint and catching its breath above sturdy $2.75–$2.80 support. XRP Guards $2.75–$2.80 While Resistance Hardens at $3 Price opened near $2.90 per XRP and repeatedly tapped the $3 handle, only to back off as sellers leaned on rallies; spot action cooled into […]

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Ethereum’s $4K Standoff: Low Fees, Tepid ETF Demand, and a Macro Wild Card

Coins Legend September 25, 2025 0

Ether spent the week clinging to the $4,000 mark, bobbing between cooling ETF flows, bargain-bin gas fees, and macro tremors that kept traders second-guessing every move. From Flush to Balance: Ether Needs to Clear $4,200 Ethereum (ETH) slipped toward the round number after a midweek flush knocked leverage out of the market. Seven-day performance sits […]

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Report: Unicredit, ING Lead 9-Bank Push to Build Euro Stablecoin by 2026

Coins Legend September 25, 2025 0

Unicredit, ING and seven other European lenders plan a euro stablecoin, targeting a launch in the second half of 2026 as banks test a homegrown answer to a dollar-centric market. Bloomberg first reported the effort on Thursday. 9 European Lenders Form Consortium to Launch Euro Stablecoin Amid ECB Digital Euro Backdrop According to the report, […]

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New Rails for Digital Dollars: Plasma’s Mainnet Beta Is Live

Coins Legend September 25, 2025 0

Plasma launched the beta of its layer one (L1) mainnet and the XPL token on Thursday, pitching a chain purpose-built for stablecoin transactions and declaring more than $2 billion in stablecoin total value locked at kickoff. Plasma Targets Payments at Scale With Mainnet Beta, USDT Fee-Free Transfers The company says the network debuts with PlasmaBFT, […]

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Bitcoin Price Watch: Bulls on Life Support as $111K Turns Into the Final Stand

Coins Legend September 25, 2025 0

Bitcoin is dancing dangerously close to the edge at $111,248, balancing a $2.22 trillion market cap and $51.78 billion in 24-hour volume like a circus act on caffeine. With price swings from $111,115 to $114,005, the charts are throwing out more mixed signals than a late-night trading group chat. Bitcoin The daily bitcoin chart is […]

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Analyst: Venezuela Moves Disbursements to USDT Amid Dollar Drought

Coins Legend September 25, 2025 0

According to local reports, Venezuela liquidated larger volumes in USDT than in dollars in September, executing a notable pivot toward stablecoins. This could be one of the first cases of a government using stablecoins as part of public‑spending practices. Analyst: Venezuela USDT Spending Surpassed Dollar Disbursements in September Venezuela, whose oil industry faces