Market News page 4

The decentralized exchange's new lending feature drew roughly $269 million in activity on its first day. Hyperliquid has introduced native manual borrowing and lending on its platform, according to reports from Coinfomania, CryptoSlate, CoinGape and BlockchainReporter. The feature lets users borrow stablecoins USDC and USDT by posting HYPE or Bitcoin as collateral.

Falling futures open interest tempers optimism even as regulatory clarity efforts and ETF demand shape the outlook for XRP. XRP has held steady around the $1.30 level this week, according to CoinJournal, even as broader market signals turned mixed.

Bank analysts argue bitcoin may outpace gold in investor flows once crypto ETF hedging positions ease JPMorgan analysts have raised the possibility that bitcoin could attract more exchange-traded fund demand than gold once hedging tied to crypto ETFs unwinds. The assessment was reported by Crypto Economy, CryptoPotato and Crypto News Australia on September 18.

The rate hike reignites debate over yen-funded trades and their spillover into crypto markets. The Bank of Japan raised its key interest rate by 25 basis points, CoinDesk reported. Bitcoin's price climbed against the yen in the aftermath of the decision.

SOL price stabilizes near the psychological $100 mark even as technical indicators send mixed signals. Solana's native token, SOL, is trading around the $100 mark after reclaiming the level in recent sessions. The move has drawn attention from traders tracking the broader altcoin market, where price action has been choppy through much of the year.

A rapid 17% price surge forced short sellers into full liquidation, according to two crypto news outlets. Zcash's native token, ZEC, pushed close to the $1,400 range in a rapid price advance driven by a short squeeze.

Repurchases tied to Michael Saylor have lifted Strategy's STRC shares back near their original par value, according to CryptoBriefing. Strategy's STRC preferred stock has moved closer to its original $100 offering price. CryptoBriefing reported the gain on September 17, attributing it to buyback activity connected to Michael Saylor, the company's executive chairman.

A Paradigm-linked investment disclosure and a community vote on faster block times helped push ZEC higher alongside broader crypto market gains. Zcash posted one of its strongest single-day moves in months, with reported gains ranging from 20% to 23% depending on the measurement window.

Crypto markets absorb a shift in Federal Reserve policy as privacy coin Zcash posts another outsized gain. Bitcoin showed resilience after the Federal Reserve delivered its first interest rate increase in three years, according to a CryptoPotato market update published Wednesday.

Investors pulled money from Ethereum exchange-traded funds even as the underlying asset's price edged higher. BlackRock's iShares Ethereum ETF recorded about $110 million in client redemptions, according to a report from CryptoBriefing. The selling came as part of a broader pullback from Ethereum-linked investment funds across the market.

Traders weigh comparisons to the 2022 rate cycle as the Federal Reserve indicates more increases may follow. Bitcoin absorbed the latest Federal Reserve interest rate hike without a dramatic price swing, according to reporting from Cointelegraph. Fed officials indicated that further tightening could follow, extending a policy stance aimed at controlling inflation.

New blockchain network Arc saw the bulk of its first-day decentralized exchange activity flow through platforms built for launching meme tokens. Arc's first day of trading produced approximately $410 million in decentralized exchange volume, Cryptopolitan reported. Meme coin launchpads were responsible for 82% of that figure, according to BeInCrypto.

A key gauge of American buying pressure on Bitcoin has weakened, pointing to softer domestic appetite. Bitcoin's Coinbase premium has fallen to its lowest point in a month, according to reporting from CoinDesk and CryptoBriefing. The metric measures the price difference between Bitcoin traded on Coinbase and Bitcoin traded on other major exchanges worldwide.

The pullback coincided with reports of a stalled regulatory bill and expectations of a Federal Reserve rate hike. Bitcoin dropped about 4% during the US trading session before stabilizing near $75,900, according to Cryptonews.com.

The social media platform now lets users tap cashtag symbols to trade cryptocurrencies through partner exchanges. X has introduced a new trading option built into its cashtag feature, according to reports from Coinfomania, UNLOCK Blockchain, and The Cryptonomist EN.

Cointelegraph and UNLOCK Blockchain give different totals for the September 15 Bitcoin ETF outflow and disagree on whether BlackRock's IBIT contributed a reported figure. Cointelegraph and UNLOCK Blockchain give different totals for the September 15 Bitcoin ETF outflow and disagree on whether BlackRock's IBIT contributed a reported figure.

Two September 15 reports on the same 240M-DOGE whale accumulation disagree on whether Dogecoin's price is breaking out or still falling. Two September 15 reports on the same 240M-DOGE whale accumulation disagree on whether Dogecoin's price is breaking out or still falling.

The exchange points to a prolonged market downturn as it winds down operations, drawing a reaction from Binance founder CZ. CoinEx has announced plans to shut down after nine years in operation, according to reports from The Block and CoinGape.