Latest Crypto News and Market Updates – September 15

1. Major cryptos pull back ahead of “rate week”

This morning, several large-cap cryptos corrected after hitting recent highs. The market is bracing for “rate week,” with faster capital rotation, strong altcoin rallies, and high two-way volatility.

2. Spotlight: Fed meeting on Thursday

According to CryptoQuant, the key event this week is the Fed’s Thursday meeting. A dovish signal could push the market higher, while a hawkish stance may bring the trend back to neutral.

3. PUMP hits new high before slight drop

PUMP reached a fresh high before easing lower. Its rally has been driven mainly by buyback activity, which remains the primary catalyst for this “pump.”

4. HYPE declines for four straight days

HYPE has fallen for four consecutive sessions since its recent peak. The USDH auction ended with Native Markets winning and becoming the largest validator on Hyperliquid.

5. Korean trader profits from altcoin longs

Korean trader Nam Seok Hee (남석희) opened multiple long positions on altcoins. His profits dropped from 418% to 104%, but he still holds an unrealized gain of around $128,000.

6. Polkadot raises supply cap to 2.1B tokens

Polkadot (DOT) adjusted its maximum supply to 2.1 billion tokens. Price reaction was muted, with many investors continuing to label DOT as a “forgotten coin.”

7. AVNT surges 4x on BASE

AVNT on the BASE network surged 4x after being listed on Binance Futures. The RWA futures platform’s rally is reminiscent of Coinbase ecosystem tokens like ZORA.

8. WLFI volatile after buyback proposal

WLFI spiked and then fell sharply following a proposal to burn 100% of liquidity fees through buybacks. Voting results are expected on September 19.

9. Institutions hold over 11.7M SOL

Institutional investors currently hold around 11.74M SOL, representing 2.04% of supply. Top holders include:

 - STSS: 2.14M SOL

 - DFDV: 2.03M SOL

 - UPXI: 2.00M SOL

10. Jia Yueting launches Crypto Flywheel project

Entrepreneur Jia Yueting announced the Crypto Flywheel (CXC10) project, which will operate independently and seek funding, with ambitions to become a Web3 company listed in the U.S. Rumors suggest backing from Chinese crypto capital.

Overall: The market enters a pivotal week with the Fed meeting in focus. Altcoins show high volatility, HYPE and WLFI cool down, while AVNT and PUMP stand out. Traders should stay cautious amid strong two-way moves.

Disclaimer: The content above reflects the author’s personal views and does not represent any official position of Cobic News. The information provided is for informational purposes only and should not be considered as investment advice from Cobic News.