The crypto news this week is not about a coin. It is about who owns the exchanges. On September 8 Robinhood took stakes in Crypto.com and its prediction market spinoff OG.com, priced at $20 billion and $5 billion, per Cointelegraph. CRO jumped toward $0.063 on the news, per Decrypt. When brokers buy exchanges, the fees are the prize. The big coins are doing fine. But anyone searching crypto news for where the attention is lands on Pepeto. It is a presale running its own zero fee exchange that has pulled in more than $10.9 million.
What happened in crypto news on September 8 with Robinhood and Crypto.com?
Robinhood signed a multi year deal on September 8 to run its event contracts through OG.com’s regulated exchange. It took equity in both companies, per Cointelegraph. The stakes are priced off Citadel Securities’ July round that valued Crypto.com at $20 billion, per Decrypt. Crypto.com’s CEO said an IPO is being prepared. Read it plainly. The biggest retail broker in America just paid to own a piece of a crypto exchange, because trading fees are where the money is. So what happens to an exchange that charges nothing?
Which coins should you watch after this week’s crypto news?
What is Pepeto, the presale everyone is talking about this week?
When a broker the size of Robinhood buys into an exchange, it pulls a fresh wave of buyers into crypto with it. The more names show up, the harder it gets to spot the one worth owning. That is one reason the conversation keeps landing on Pepeto.
Pepeto runs its own exchange, PepetoSwap, and it is live now, not promised. The fee on every swap is 0.00%. No protocol cut at all, you pay network gas and nothing else. A $1,000 trade costs $3 on Uniswap and $2.50 on PancakeSwap. On PepetoSwap it costs $0. Do 200 trades of $5,000 in a year and the gap is $3,000 that stays in your pocket. It has already been tested on $50 million of daily volume, and that number keeps growing. Every trade is shielded from front running by a private relay, on by default, and you keep your own keys.
A bridge to five chains and a scam scanner run beside it. Staking returns 163% APY for as long as the presale runs, and you claim it at listing. As deals like Robinhood’s bring new eyes to crypto news, the smart money looks one level down. It wants the early coin that gains most from what comes next, and Pepeto is built to catch exactly that.
It sells at $0.0000001893 today, and this stage is closing in on its target. Remember that Binance is on the way, other exchanges too, and the price goes up at every stage. The presale is where the exchange’s own buyers get in before the exchange’s future users do.
Is XRP a buy after Coinbase’s balance jumped by $7.74 billion?
XRP trades at $1.41, up 3.85% in 24 hours and 7.6% for the week, per CoinMarketCap. On September 8 the XRP held by Coinbase rose by 5.569 billion tokens, worth $7.74 billion, according to XRPScan, per The Crypto Basic. Moves that size are custody, not panic selling. Big holders are getting ready for something. A push to $1.50 and then $1.70 is the fair read if the weekly chart pattern holds. Solid, but a 20% move at best.
Can Bitcoin hold $78,000 into the Fed meeting?
Bitcoin trades at $78,600, up 1.5% in 24 hours, per CoinMarketCap. Traders see better than 60% odds of a Fed rate hike next week, which kept BTC near $78,500 on September 8, per The Motley Fool. The range is $75,000 to $82,000 until the Fed speaks on September 16. Steady, but slow.
Conclusion
This week’s crypto news shows the market growing two ways at the same time. Robinhood is buying into exchanges because trading fees are the prize. Buyers, meanwhile, keep hunting for the early coin behind the tools those fees are built on. Pepeto keeps pulling attention because it is the rarest mix crypto produces. The cofounder of the original Pepe coin, which climbed past $10 billion in value. A live zero fee exchange. A Binance listing on the way. Meme energy and real tools in one coin happen about once a cycle. The listing is the event that turns that mix into a return. The buyers already inside on the Pepeto official website know it. That is why the stage keeps filling. You can still join them at today’s price. After the listing, you cannot.
Click To Visit Pepeto Website To Enter The Presale
FAQs
How does Robinhood’s Crypto.com deal affect crypto news this week?
The biggest crypto news this week is Robinhood taking stakes in Crypto.com and OG.com at a $20 billion value. Trading fees are what big players pay to own.
What are traders watching in Pepeto’s presale right now?
Traders are watching the current stage fill on the Pepeto official website. The price rises when the target is hit, and Binance is next.
Disclaimer:
This article is for informational purposes only and does not constitute financial advice. Cryptocurrency investments carry risk, including total loss of capital.
All market analysis and token data are for informational purposes only and do not constitute financial advice. Readers should conduct independent research and consult licensed advisors before investing.
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