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In a whirlwind day for crypto markets, prices, predictions, and institutional shifts are making waves across the digital asset landscape. From court victories to massive Ether buys and volatile market swings, here are the top six crypto events reshaping sentiment right now.
1. Australian Fintech Finder Scores Legal Win Over Crypto Yield Product
In a major victory for the crypto industry, Finder.com has successfully defended its yield-generating product Finder Earn against accusations from Australia’s financial watchdog. The Federal Court ruled the product is not a financial product, clearing Finder of wrongdoing after a nearly three-year legal battle with the Australian Securities and Investments Commission (ASIC). The decision strengthens the case for innovative financial services operating outside traditional frameworks.
2. BitMine Buys $2 Billion in ETH as Treasury Wars Heat Up
BitMine Immersion Technologies has stunned the market by purchasing over $2 billion in Ether within just 16 days. The mining company now holds 566,776 ETH, intensifying the “Ethereum treasury arms race.” Chairman Tom Lee says the firm is aiming to acquire and stake 5% of Ethereum’s total supply, signaling renewed institutional confidence in ETH’s long-term value.
3. XRP Slides 19% — Analysts Call It a ‘Healthy Correction’
XRP experienced a sharp 19% drop, falling to an intraday low of $2.95 after cascading liquidations hit over-leveraged positions. Despite the volatility, analysts maintain it’s a normal market reset amid broader corrections, not a fundamental weakness. Double-digit XRP price predictions remain intact.
4. Hulk Hogan and Ozzy Osbourne Memecoins Surge on Tribute Frenzy
Following the reported deaths of wrestling icon Hulk Hogan and rock legend Ozzy Osbourne, memecoins inspired by the two celebrities surged dramatically. The tribute rally reflects the meme market’s tendency to blend cultural moments with financial speculation.
5. Ethereum Could Outperform Bitcoin, Says Novogratz
Galaxy Digital CEO Mike Novogratz believes ETH could “knock on $4,000” and outperform Bitcoin in the next six months. Pointing to a looming ETH supply shock, Novogratz sees Ethereum’s price entering discovery mode once the $4K level is breached.
6. Bitcoin Slips Below $116K as Longs Liquidated
A $585 million liquidation event swept the crypto market, with Bitcoin tumbling below $116,000. Ether followed with over $100 million in long liquidations. Analysts blame thinning liquidity and cautious investor sentiment following recent volatility.
Also Read: JD.com Moves First: Registers ‘Jcoin’ Ahead of Hong Kong’s Stablecoin Regime Launch
From legal triumphs and institutional ETH grabs to dramatic market swings and surprise memecoin surges, today’s crypto action underscores the sector’s dynamic pace. Whether you’re trading or watching from the sidelines, these stories highlight where momentum may build next.
Disclaimer: The information in this article is for general purposes only and does not constitute financial advice. The author’s views are personal and may not reflect the views of Chain Affairs. Before making any investment decisions, you should always conduct your own research. Chain Affairs is not responsible for any financial losses
I’m your translator between the financial Old World and the new frontier of crypto. After a career demystifying economics and markets, I enjoy elucidating crypto – from investment risks to earth-shaking potential. Let’s explore!
