Analysis Crypto by Thebittimes.Com

Nothing has secured a $200 million Series C funding round led by Tiger Global , positioning the London-based tech startup to accelerate its push into artificial intelligence and bring forward its first “AI-first” device. The fresh financing lifts the company’s valuation to approximately $1.3 billion, signalling confidence from investors in its growth trajectory and future product roadmap. The funding is earmarked for building AI-native hardware, expanding R&D capabilities, and scaling operations globally. Today, @nothing raised $200M Series C at a $1.3B valuation. This marks the start of our next chapter: From building the only new smartphone company of the last decade, to creating an AI-native platform where hardware & software converge. Grateful to our community who’ve been… pic.twitter.com/RdgX7JU7Ke — Carl Pei (@getpeid) September 16, 2025 Funding Details and Investor Backing The $200 million round was led by Tiger Global and saw participation ...

Wall Street banking giant Citigroup has issued a new forecast for Ethereum (ETH), noting that the second-ranked cryptocurrency by market cap is likely to face a correction toward the end of the year. The bank projects Ethereum will trade at around $4,300 by the close of 2025, calling this the most likely outcome given current market dynamics. In a bullish scenario, where adoption and inflows accelerate, Citi sees Ethereum climbing as high as $6,400. Conversely, if network usage lags behind investor enthusiasm, prices could fall to $2,200. At the same time, Citi’s Analysis focused on how much value Ethereum captures from its expanding ecosystem.  Despite booming rollup and scaling activity, the bank estimates only 30% of this growth contributes directly to ETH’s valuation, suggesting the token may be trading ahead of its fundamentals. The rise of Layer-2 networks has boosted usage and utility, but limited value flows back to Ethereum’s base layer. Citi’s mo...

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Ripple’s XRP token has had quite a bullish year in 2025. The fintech company finally settled its lawsuit with the SEC, leading to a substantial rise in investor sentiment. XRP’s price rally over the last few months has led to early investors seeing significant profits. A $1000 investment in XRP from 2014 is worth more than $1 million today. Let’s discuss. $1000 in XRP from 2014 Grows To Over $1 Million Source: fxleaders.com According to CoinGecko data, XRP was trading at $0.002686 in 2014. If you had invested $1000 in XRP in 2014, you would have received about 372,816.399 coins. XRP is currently trading at roughly $3 today. The value of the 372,816.399 coins has risen to more than $1 million today. Early investors have made about 99,000% in profits. Source: CoinGecko Can You Still Turn $1000 Into $1 Million? If you purchase $1000 worth of XRP today, you will receive about 333.33 coins. For 333.33 coins to be worth $1 million, the price of each token has to reach around...

A widely followed crypto analyst says that one non-fungible token (NFT)-related altcoin is set to revisit its previous all-time highs while updating his outlook on Ethereum (ETH) and Solana (SOL). In a new thread, pseudonymous crypto trader Altcoin Sherpa tells his 245,200 followers on X that based on technical indicators, Pudgy Penguins (PENGU) – an altcoin that’s seen 800%+ gains in five months – appears ready to revisit its all-time high after a period of stagnation. “PENGU downtrended for 1.5 months, chopped at the 0.50 [Fibonacci level], and is now moving. I’ve finally got a position when it flipped the .382 [Fibonacci level] and I took a tiny bit of profit. Going to keep maintaining this position though and will look to add on any dips. I think it eventually goes back to the highs again.” Source: Altcoin Sherpa/X PENGU is trading for $0.0358 at time of writing, a 5.9% increase on the day. Five months ago, the altcoin is valued at jus...

Coinbase has asked a federal court to order an “expedited proper search” of deleted text messages that were made by former US Securities and Exchange Commission (SEC) Chair Gary Gensler after it was revealed the the agency erased a year’s worth of his communications. The US-based crypto exchange submitted a filing through History Associates. In the filing, Coinbase referenced a Sept. 3 report from the Inspector General that said the SEC had “excluded officials’ text messages when processing FOIA requests, even though many qualified as agency records to FOIA.”  The report also found that nearly a year of Gensler’s government text messages from Oct. 18, 2022, to Sept. 6, 2023, were lost due to avoidable IT/record-keeping missteps that included a factory reset before a backup was performed.  The time the missteps took place coincided with the collapse of FTX and the SEC’s heightened enforcement actions against crypto exchanges, ...