Crypto World News

👀 WATCH: Ray Dalio on how the imminent U.S. Debt crisis will be tackled- “We’re going to do it the way that we always do it. When countries essentially go broke, what they do is a combination of devaluing the currency and printing of money." "They create an artificially low interest rate so that the person who’s holding the bonds is receiving an artificially low interest rate. That’s the way Japan has done it.. and that’s the way we will do it.”

🚨 BEARISH: Wintermute, one of world's LARGEST liquidity providers for digital assets, is HEAVILY short across the market. The market maker is quietly sitting on $190.8M in short positions on Hyperliquid, led by - $53M in ETH, - $30.7M in BTC, - $22.6M in SOL, - $11.4M in HYPE and - $10.2M in XRP The positions currently carry -$5.85M in unrealized losses, despite which Wintermute is up +$203.6M in lifetime PnL, per Ochain Lens.

NEW: Phantom ends SUI support on Sept. 24, just 20 months after adding it, as Sui’s TVL falls -82% from its October 2025 peak. Phantom users will need to move their $SUI to another compatible wallet or swap it into a supported asset before the deadline. Sui’s TVL has fallen from a $2.58B peak to $469M, adding to concerns over the network’s declining activity.NEW: Phantom ends SUI support on Sept. 24, just 20 months after adding it, as Sui’s TVL falls -82% from its October 2025 peak. Phantom users will need to move their $SUI to another compatible wallet or swap it into a supported asset before the deadline. Sui’s TVL has fallen from a $2.58B peak to $469M, adding to concerns over the network’s declining activity.

🇨🇳 BREAKING: Alibaba CRASHES -10% in Hong Kong after launching a $10.2B share sale at a discount. The new offering is Alibaba’s LARGEST follow-on sale since listing, with proceeds destined for AI infrastructure expansion. Heavy AI spending has already pushed quarterly net profit down -75% YoY, while the discounted pricing fueled today’s sell-off.🇨🇳 BREAKING: Alibaba CRASHES -10% in Hong Kong after launching a $10.2B share sale at a discount. The new offering is Alibaba’s LARGEST follow-on sale since listing, with proceeds destined for AI infrastructure expansion. Heavy AI spending has already pushed quarterly net profit down -75% YoY, while the discounted pricing fueled today’s sell-off.

JUST IN: Gold surpasses $4,650/oz for the first time since May as U.S. debt concerns and a weaker dollar fuels renewed demand.JUST IN: Gold surpasses $4,650/oz for the first time since May as U.S. debt concerns and a weaker dollar fuels renewed demand.