KLEA Crypto Daily: Wednesday, September 10, 2025

Published: September 11, 2025 – 00:04 UTC

Here’s a look back at the key stories from September 10, 2025.

S&P 500 Rises After PPI Data Release, Oracle Shares Surge

On September 10, 2025, the S&P 500 reached new highs after the August Producer Price Index (PPI) decreased 0.1% month-over-month instead of the projected 0.3% rise. This inflation figure, lower than predicted, raised hopes for a Federal Reserve interest rate cut. Oracle's 40% stock rise, the most significant since 1992, also contributed to the market's positive momentum.

Crypto’s Darkest Days: The Hacks That Shook Investor Confidence

The cryptocurrency industry has seen significant security breaches, impacting investor trust. From billion-dollar exchange hacks to phishing schemes, these incidents have not only wiped out fortunes but also raised concerns about digital asset security. Understanding these hacks is crucial for the future of blockchain security and investor confidence in the industry.

Belarus President Urges Banks to Turn to Crypto Amid Western Sanctions

Belarus President Alexander Lukashenko has instructed the country’s banks to increase their use of cryptocurrencies to counter the impact of Western sanctions. Lukashenko views digital tokens as vital for sustaining international trade and finance amidst economic challenges caused by sanctions.

Linea Token Launches at $500 Million Market Capitalization

Consensys' Layer 2 blockchain has introduced its highly anticipated token and airdrop, marking a significant milestone with a market capitalization of $500 million.

Ethena’s USDe Stablecoin Surges to Over $13B After Binance Listing

Ethena’s synthetic stablecoin, USDe, has rapidly grown to over $13 billion in circulation within a day of being listed on Binance. This surge makes USDe the third-largest stablecoin in the industry, capturing around 5% of the $287 billion stablecoin market.

Binance.US Slashes Fees to Revive Trading Volumes

Binance.US has significantly reduced fees on more than 20 crypto assets, including Ethereum and Solana, aiming to attract more traders. Despite struggles with low trading volumes, the exchange hopes these fee cuts will help regain market share and establish itself as the lowest-cost exchange in the U.S.

Sharplink Gaming Begins Share Repurchases Below Net Asset Value

Sharplink Gaming has initiated a share buyback program, describing the below-net-asset-value repurchases as immediately accretive. The company relies on a large ether treasury and zero debt to support capital returns.

Aave Price Hits $303.50 as DeFi Protocol Reaches Historic $3 Trillion Milestone

AAVE trades at $303.50 following Aave’s achievement of $3 trillion in deposits and Soneium blockchain integration, despite emerging security concerns.

Ton Price Holds $3.12 Support as Coinbase Ventures Investment Sparks Institutional Interest

Toncoin maintains a price of $3.12 after an investment from Coinbase Ventures, with key support at $3.00, signaling growing institutional interest in the cryptocurrency.

Worldcoin (WLD) Surges 25% as $250M Treasury Deal Signals Institutional Adoption

Worldcoin experiences a 25% surge to $1.87 following a massive $250M investment announcement from Eightco Holdings, pushing the Relative Strength Index (RSI) into overbought territory at 80.41.

Crypto Market Stays Above $4T as PPI and Job Revisions Fuel Rate Cut Speculation

BTC pushed above $114,000, while ETH is trading near $4,400.

SEC Chair Paul Atkins: Most Crypto Tokens Are Not Securities

In a significant policy shift, SEC Chair Paul Atkins declared that "most crypto tokens are not securities," signaling a major change in the agency's regulatory approach to digital assets. This move could lead to faster innovation and listings in U.S. crypto markets.

BNB Price Surges Past $900 as Binance Coin Tests Key Resistance Levels

BNB price climbs 2.56% to $902.27, approaching 52-week highs as technical indicators signal continued bullish momentum despite overbought conditions.

Ethereum Staking Exit Queue Surpasses 2 Million ETH Following Kiln Shutdown

Ethereum's staking exit queue has ballooned past 2 million ETH after Kiln, a major enterprise staking firm, began shutting down all its validators, causing delays for investors looking to exit or stake new assets.

Institutional Bitcoin Reserve Investments

Bitcoin is gaining traction in institutional portfolios, with companies and funds incorporating it into their reserves. This shift marks a significant change in corporate finance, as institutions see Bitcoin as an inflation hedge and a diversification tool amidst economic uncertainties.

New iPhone 17 Nearly 50% Cheaper in Bitcoin and Ethereum After Price Surge

Apple's latest iPhone 17 has become almost 50% cheaper when priced in Bitcoin or Ethereum compared to the previous model, attributed to the surge in cryptocurrency prices. This trend extends across Apple's lineup, reflecting the impact of crypto price movements on consumer electronics.

Polygon PoS Chain Faces Delay in Reaching Consensus Finality

Polygon's Proof of Stake (PoS) chain is experiencing delays in achieving consensus finality, impacting its operations.

Apecoin Expands to Solana: Boosting Multi-Chain Growth Through DeFi Partnerships

Apecoin, associated with the Bored Ape Yacht Club NFT project, has expanded to the Solana blockchain as part of a strategic growth initiative, enhancing its presence in the decentralized finance sector.

Source: KLEA News