Latest Crypto News & Market Updates

HSBC Maintains Maximum Bullish Stance on Equities with Tech as Leading Choice

Key TakeawaysHSBC maintains its strongest possible overweight allocation to global stocks.U.S. and Asian technology sectors receive the banks highest conviction ratings.The firm prioritizes U.S. tech investments over small-cap stocks while supporting European financials.The Nasdaq 100 reached an all-time closing high on Tuesday before retreating Wednesday.Elevated energy costs, rising yields, and elevated tech multiples pose significant challenges.　　HSBC continues to advocate for its most aggressive positioning in global equities, recommending that investors maintain substantial exposure to the technology sector. Max Kettner, the banks chief multi-asset strategist, confirmed that HSBC remains at “maximum overweight” on stocks, with particular emphasis on U.S. and Asian technology companies.　　MarketWatch: HSBC (Kettner) remains “max overweight” equities. 　　The recommendation arrives as tech shares experienced a pause on Wednesday. The Nasdaq Composite dipped approximately 0.1% at the opening bell amid climbing oil prices and ascending Treasury yields, while the S&P 500 traded near unchanged levels.　　This follows robust performance earlier in the week. The Nasdaq 100 surged 2.8% on Monday and added another 0.8% on Tuesday, achieving a record closing level of 30,732.40, buoyed by renewed confidence in artificial intelligence investment and revenue generation potential.　　Technology Remains HSBCs Primary Focus　　HSBC expresses clear preference for U.S. and Asian technology equities and ranks American

09-24Industry

JPMorgan CEO Says India Could Triple in 10 Years

Jamie Dimon sees Indias economy tripling in the next decade, reshaping its crypto market.India already ranks No. 1 globally for crypto adoption despite strict taxes and regulation.Stablecoins stand to gain as India grows, but regulation will determine capital flows into crypto.　　JPMorgan Chase CEO Jamie Dimon believes India‘s economy will become three times bigger over the next 10 years. That growth would also have major implications for the country’s cryptocurrency and stablecoin markets.　　Speaking at JPMorgan‘s India Investor Conference in Mumbai on September 21–22, Dimon said he “guessed” India’s economy would be three times its current size if they met again in 10 years. He also discussed JPMorgan expanding its business in India and covering more Indian companies in its research.　　Dimon was not specifically predicting growth in Indias crypto market. However, a much larger economy would put more money in the hands of consumers, businesses, and investors, creating a larger market for digital assets.　　India Already Has a Large Crypto Market　　India is already one of the worlds biggest cryptocurrency markets, despite strict crypto taxes and regulations. Chainalysis ranked India No. 1 globally for crypto adoption in 2025, even though crypto profits in India are taxed at 30%, plus additional taxes.　　Discover more　　News　　Brokerages & Day

09-24Industry

Pi Network price slips below $0.09 as moving averages cap rebound

Pi Network price fell back toward $0.088 on Sep. 23 after an intraday move above $0.092 failed to hold. The pullback came as traders weighed recent network upgrades against a daily chart that still shows PI below its main moving averages.　　SummaryPi Network price traded near $0.0882 after reaching $0.0926 earlier in the daily session.The daily 50-day and 100-day moving averages stood near $0.0909 and $0.0970.A 4-hour Supertrend level near $0.0861 remained below the price.Pi Network said more than 417,000 users can resume identity verification after an account review.　　According to the PI/USDT daily chart, the token opened near $0.0903, reached $0.0926, and fell as low as $0.0858 before trading around $0.0882. The move left PI below $0.09 despite a rebound from the session low.　　CoinGecko listed PI near $0.0883, down about 0.7% over 24 hours but up roughly 7.3% over seven days. The weekly gain gives the latest decline a different scale from the longer slide visible on the daily chart.　　Pi Network price faces a test at $0.0909　　The daily chart places PI below its 50-day moving average of about $0.0909 and its 100-day moving average near $0.0970. Both lines slope downward, and the shorter average remains beneath the longer one. PI would

09-24Industry

NYSE And Blockchain.com To List Tokenized Stocks

The New York Stock Exchange and crypto exchange Blockchain.com have signed a memorandum of understanding to debut tokenized stocks.　　According to a Wednesday statement, if approved, Blockchain.com users would be able to trade tokenized U.S.-listed stocks and exchange-traded funds on NYSEs planned digital alternative trading system.　　It comes as Wall Street increasingly eyes up Bitcoin and its related infrastructure. NYSEs parent company, Intercontinental Exchange, earlier this year announced it had invested in crypto exchange OKX.　　“People shouldn‘t be limited in owning stocks based on where they happen to live or the brokerage and information they may or may not have access to,” Peter Smith, Blockchain.com’s executive chairman and CEO, said in a statement.　　“Connecting to the NYSE digital alternative trading system will enable us to extend the opportunity to invest in these digital assets to tens of millions of Blockchain.com users around the world.”　　And NYSE Group President Lynn Martin added: “The future of capital markets belongs to institutions that unite the trust of traditional finance with the innovation and accessibility of digital assets.”　　In January, the NYSE said it was building a platform allowing traders to buy and sell tokenized versions of U.S.-listed equities and exchange-traded funds and settle those trades on the blockchain, 24/7.　　Wall

09-24Industry

Bitcoin Falls Below $84,000 After $438M in Long Liquidations

Alexander Zdravkov is a crypto journalist and market analyst specializing in digital assets, blockchain technology, and the rapidly evolving cryptocurrency market. He entered the industry more than four years ago, drawn to the speed of innovation in crypto and the potential of blockchain-based financial systems to reshape traditional markets.　　His work focuses on understanding the forces behind crypto market movements, from Bitcoin and altcoin cycles to institutional adoption, regulation, exchange-traded products, stablecoins, DeFi, and emerging blockchain ecosystems. Rather than simply following price action, Alexander looks at liquidity, investor positioning, market structure, and macroeconomic conditions to identify developing trends and explain what they could mean for digital assets.　　With a degree in International Relations, he brings a broader perspective to cryptocurrency coverage by connecting developments in the sector with monetary policy, geopolitics, regulation, and global capital flows. This allows him to examine crypto not as an isolated market, but as an increasingly interconnected part of the global financial system.　　Over the course of more than five years in financial journalism, Alexander has written over 5,000 articles covering cryptocurrencies, blockchain, traditional markets, and the global economy. His reporting spans Bitcoin, Ethereum and altcoins, DeFi protocols, institutional crypto adoption, regulation, market infrastructure, security incidents, and major

09-24Industry

Qualcomm's top AI chip runs 30-billion-parameter models on a mobile phone

Qualcomms Snapdragon 8 Elite Extreme Gen 6 can run a 30-billion-parameter AI model directly on a handset, without going to the cloud.　　The chipmaker announced it at its Snapdragon Summit on September 22, along with a step-down Snapdragon 8 Elite Gen 6.　　Mixture-of-experts design outsizes Apples WWDC release　　The model is a mixture-of-experts design. The full model has 30 billion parameters, but just a slice fires for any one task, keeping the compute burden controllable on a battery-powered device.　　In June, Apple revealed a 20-billion-parameter mixture-of-experts model at its Worldwide Developer Conference. It was Apples most advanced third-generation foundation model.　　The two chips also have new sensing hubs that run smaller models of up to 200 million parameters. Those let a phone run a personal transcription tool locally and differentiate one speaker from another, Qualcomm said.　　Hubs also build a memory of how a person uses the device to propose automated tasks. The company said a full voice-in, voice-out agent can run through the chip.　　Nine brands sign on, led by Motorolas Signature 27　　“Today marks a milestone as we introduce not one, but two new flagship mobile platforms, delivering agentic AI experiences that are immediate, personal, and adaptive,” said Chris Patrick, senior vice president and general manager

09-24Industry

Coinbase stock tokens top $1B in trades, but exit depth is unproven

More than $1 billion in reported trading makes Coinbases stock tokens look active. For a holder looking to sell, the question is how much the market can absorb now, and at what price, particularly outside US equity hours.　　A Sept. 23 premarket check found indicative buy and sell routes for about $100,000 of each of Coinbase‘s ten stock tokens on Base. The estimated proceeds from selling were 0.06% to 0.71% below KyberSwap’s own dollar valuation of the tokens offered. The routes price individual orders at one instant; they do not establish capacity for a simultaneous selloff.　　The ten principal Aerodrome stock/USDC pools held about $12.97 million in combined displayed balances during the check. Individual pools ranged from roughly $818,700 for MSFTc to $2.11 million for NVDAc. Those balances include both the stock token and USDC. The total alone leaves the amount available to absorb a sale within a specified price range unknown.　　Dromos Kitchens stock-token dashboard put cumulative trading volume at about $1.02 billion and total tokenized value at $19.82 million on Sept. 23. Its community-built data carries a warning that it may be incomplete. Turnover accumulates across trades; it cannot be read as a fresh pool of buyers waiting for a large

09-24Industry

$1 billion in trading volume masks hidden liquidity risks for Coinbase stock token holders

More than $1 billion in reported trading makes Coinbases stock tokens look active. For a holder looking to sell, the question is how much the market can absorb now, and at what price, particularly outside US equity hours.　　A Sept. 23 premarket check found indicative buy and sell routes for about $100,000 of each of Coinbases ten stock tokens on Base. The estimated proceeds from selling were 0.06% to 0.71% below KyberSwaps own dollar valuation of the tokens offered. The routes price individual orders at one instant; they do not establish capacity for a simultaneous selloff.　　The ten principal Aerodrome stock/USDC pools held about $12.97 million in combined displayed balances during the check. Individual pools ranged from roughly $818,700 for MSFTc to $2.11 million for NVDAc. Those balances include both the stock token and USDC. The total alone leaves the amount available to absorb a sale within a specified price range unknown.　　Related Company Coinbase A leading digital currency company　　Dromos Kitchens stock-token dashboard put cumulative trading volume at about $1.02 billion and total tokenized value at $19.82 million on Sept. 23. Its community-built data carries a warning that it may be incomplete. Turnover accumulates across trades; it cannot be read as a fresh

09-24Industry

Bitcoin Price Plunges Below $84K as Rally Snaps

Bitcoins rally abruptly ended as its price dropped below $84,000, reaching an intraday low of $83,508 shortly after failing to hold above $87,000.　　Key TakeawaysBitcoin dropped below $84,000 after failing to breach resistance at $87,000 on Wednesday.Coinglass data shows the crash triggered $423M in long liquidations, pulling the total crypto market cap under $3T.Analyst Rekt Capital said BTC must hold support near $80,000 to confirm a macro breakout.　　Rejection at Key Resistance　　Bitcoins latest rally snapped Wednesday as the cryptocurrency dipped below $84,000 for the first time since Monday. The reversal came just hours after it breached $87,000 for the second time this week, following a gradual climb that saw the cryptocurrency add nearly $2,000 in under 12 hours.　　Before its sharp downturn, bitcoin responded to the rejection at $87,000 with a gradual decline, seemingly finding a floor just below $85,300. Although a brief relief rally attempted to push prices back up, the momentum fizzled out before bitcoin reached $86,000.　　The breakdown at $86,000 unleashed a sharp wave of selling, knocking bitcoin down $2,000 within 30 minutes to a low of $83,508. A quick relief bounce to $84,800 failed to alter the trajectory, though prices managed to settle above $84,000 by midday.　　The pullback left bitcoin

09-24Industry

Bitwise launches first Lighter ETP amid Hyperliquid rivalry

Bitwise Asset Management has launched an exchange-traded product (ETP) in Europe tracking Lighter, giving traditional investors a way to bet on one of Hyperliquids emerging rivals without buying its token directly.　　On Wednesday, Bitwise said its Bitwise Lighter Staking ETP (BLIT) had launched on Deutsche Börse Xetra, making it the first exchange-traded product tracking LIT, the native token of decentralized derivatives platform Lighter.　　The product is fully backed by LIT held in cold storage and carries a 0.85% annual expense ratio. European investors can buy the ETP through a regular brokerage account without buying or holding LIT directly.　　Despite its name, BLIT isn‘t generating staking rewards yet. Bitwise said staking will begin once the product reaches enough assets under management to make the process efficient. Until then, the ETP will track LIT’s price without generating staking returns.　　The Lighter product follows Bitwises launch of a Hyperliquid staking ETP in Europe in April, as the asset manager expands its lineup to include tokens tied to some of the largest decentralized derivatives platforms.　　Lighter is an Ethereum-based decentralized exchange focused on perpetual futures, using zero-knowledge proofs to verify trades while allowing users to retain control of their assets rather than depositing them with a centralized exchange. The

09-24Industry

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