Cryptocurrency

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Circle expands Cross-Chain Transfer Protocol to EURC and cirBTC

Circle has extended its Cross-Chain Transfer Protocol beyond its flagship stablecoin, enabling native transfers for EURC and cirBTC across its newly launched Arc network. This move marks a significant shift for the infrastructure, moving it from a USDC-centric model toward a broader, multi-asset interoperability framework.

U.S. Weighs Stablecoin Backing to Bolster Treasury Demand

The Trump administration is exploring potential public-private partnerships to promote dollar-denominated stablecoins abroad, a strategy designed to expand the global reach of the U.S. currency while securing a consistent buyer base for government debt.

FedNow Prepares for Cross-Border Integration

The Federal Reserve is moving toward cross-border payment support, initiating pilot tests for enhanced messaging protocols. While the system will not become a global network, the update allows banks to integrate FedNow’s domestic instant settlement with traditional correspondent banking chains to facilitate international transactions more efficiently.

Coinbase Prepares Universal Custody for Post-Quantum Bitcoin

Coinbase is architecting a flexible custody infrastructure designed to secure $250 billion in institutional assets against future quantum computing threats. By moving beyond a single-standard approach, the exchange aims to support any signature scheme Bitcoin or other blockchains might eventually adopt, ensuring its systems remain compatible regardless of evolving cryptographic consensus.

Senate Democrats Demand Public Hearing on Prediction Markets

All 11 Democrats on the Senate Banking Committee have demanded a public hearing on the rapidly expanding prediction market industry. The push follows reports of private meetings between Republican lawmakers and Kalshi executives, fueling concerns over market integrity, consumer protection, and the potential oversight of corporate-linked financial products.

Bitcoin’s $85K Support Level Becomes Key Test for Bull Market

Bitcoin’s recent surge to $87,392 has hit a critical juncture where the $85,000–$86,500 range acts as a primary buffer for new investors. Bitfinex analysts caution that the sustainability of this rally depends on whether corporate buyers and ETF inflows can maintain momentum above these established cost bases.

Liquidity Farming Skews USDC Transfer Metrics on Base

A staggering 90% of USDC transfer volume recorded on September 23 originated from liquidity farming on the decentralized exchange Aerodrome. Analyst RyeBlocks identified $109 billion out of $121 billion in total transfers as "inorganic" activity, highlighting a growing disconnect between raw on-chain data and actual consumer payments.

OKX US CEO Calls for Rights Parity in SEC’s Tokenized Stock Trial

Tokenized National Market System stocks must provide investors with the same voting, dividend, and liquidation rights as traditional equities, according to OKX US CEO Roshan Robert. As the SEC launches a five-year pilot for blockchain-based trading, ensuring legal parity is critical to preventing market fragmentation and protecting shareholders.

The Transparency Trap: Why Proof of Reserves Cadence Matters

Proof-of-reserves reports are merely snapshots in time, making the frequency of disclosure a critical metric for users assessing exchange stability. While major platforms like Bitget, Binance, and OKX have adopted various cryptographic models, the divergence in reporting schedules and verification methods creates a complex landscape for individual investors.

KB Securities partners with Securitize and Optimism for tokenized funds

South Korean brokerage giant KB Securities has entered a tripartite agreement with Securitize and the Optimism Foundation to launch tokenized funds for institutional investors. The partnership aims to leverage OP Mainnet infrastructure to debut a money market fund, signaling a strategic push into digital asset-backed securities within the Korean market.

Blockchain.com and NYSE to Explore 24/7 Tokenized Stock Trading

The New York Stock Exchange is moving toward continuous, around-the-clock market access by signing a memorandum of understanding with Blockchain.com. The partnership aims to link the crypto platform’s international user base to a future digital alternative trading system capable of handling fractional shares and blockchain-based settlement.

Binance Restructures Accounts as BNB Faces Price Pressure

BNB dropped 3.3% to $761 on September 23, the same day Binance announced a multi-stage migration of crypto balances from Funding to Spot accounts. The exchange plans to eventually rebrand its Funding Account as a dedicated vehicle for stock and options settlement by January 2027.

XRP Ledger Lending Proposals Face Validator Hurdles Amid Price Fluctuations

XRP retreated to $1.51 on September 23 after a brief climb above $1.65, leaving the $1.60 threshold as a critical resistance point. While market participants track the token's technical recovery, the XRP Ledger's proposed native lending system awaits the necessary 80% validator support to reach mainnet activation.

Wealthy investors struggle to bridge the gap between crypto and long-term planning

Nearly 67% of affluent investors in the U.S., U.K., and Argentina hold digital assets, yet only 4.7% have integrated them into their long-term financial or retirement strategies. According to new research from Nexo, ownership remains widespread, but operational friction keeps crypto on the periphery of serious wealth management.

CFTC Chair Selig Forecasts Mass Tokenization of Asset Classes

Financial markets must prepare for an era of mass tokenization, according to CFTC Chair Michael Selig. Speaking at the U.S. Treasury Market Conference on Sept. 22, he argued that blockchain-based infrastructure and real-time collateral movement could transform the financial system as profoundly as the shift from hand signals to electronic trading.

Bitwise Debuts Lighter Staking ETP on Deutsche Börse Xetra

European investors gained a new gateway to the Lighter ecosystem this week as Bitwise launched its Lighter Staking ETP, trading under the ticker BLIT on Germany’s Deutsche Börse Xetra. The product offers exposure to the LIT token through traditional brokerage accounts, bypassing the complexities of direct wallet management.

Raiffeisen Bank International Partners with Bitpanda for Crypto Expansion

Raiffeisen Bank International is set to integrate Bitpanda’s digital asset infrastructure across its network, potentially opening cryptocurrency services to 18 million customers in Central and Eastern Europe. This framework allows regional subsidiaries to bypass internal development, leveraging an existing model already proven by Raiffeisen banks in Austria.

Ripple’s David Schwartz draws parallels between Glock and SEC litigation

Ripple CTO Emeritus David Schwartz has waded into a high-stakes firearms dispute in Connecticut, publicly comparing the state’s legal pressure on Glock to the regulatory battles Ripple faced with the SEC. Schwartz argues that both cases demonstrate the dangers of enforcing laws where regulatory requirements remain dangerously ambiguous for businesses.

Binance Joins Zilliqa Migration Following Security Breach

Binance has officially moved to support Zilliqa’s EVM network for deposits and withdrawals, marking a critical step in the blockchain’s effort to phase out its legacy transaction system. The decision follows a severe security vulnerability that exposed thousands of user accounts and led to the theft of over 683 million ZIL tokens.

Dogecoin Faces Critical Test at $0.10 After Weekly Rally

Dogecoin has reclaimed the $0.10 threshold for the first time since June, capping a 25% surge over the past week. However, as the initial buying frenzy cools and the token slips beneath key short-term moving averages, market participants are divided on whether this recovery marks a sustained breakout or a temporary peak.

XRP Ledger Readies Security Upgrade for Institutional Account Control

The XRP Ledger is moving toward an October 5 activation for its PermissionDelegationV1_1 upgrade, a feature designed to allow accounts to delegate specific operational tasks without compromising primary security keys. The proposal currently holds the support of 29 out of 35 trusted network validators.

NEAR Protocol gains spot market access on Hyperliquid

Hyperliquid has integrated NEAR Protocol’s native token into its spot market, enabling direct NEAR/USDC trading alongside the existing perpetual futures contract. This launch arrives as the asset maintains a strong rally, trading above $4 and nearing its 52-week peak of $4.46 following a week of significant network expansion.

Hyperliquid Open Interest Hits $18 Billion Record

Hyperliquid has shattered its previous performance ceiling, with open interest surging to $18 billion for the first time. The milestone reflects a rapid expansion of the platform’s derivatives ecosystem, which has successfully bridged the gap between traditional asset classes and crypto-native perpetual markets in a matter of weeks.

Binance to Rebrand Funding Account as Dedicated Stocks Hub

Starting September 29, Binance will initiate a phased migration of non-stock crypto assets from Funding Accounts into Spot Accounts, setting the stage for the Funding Account to be officially renamed as a dedicated Stocks Account by January 2027 to accommodate U.S. equities and options.

Bitpace upgrades payment infrastructure with Fireblocks integration

Bitpace has integrated Fireblocks’ institutional infrastructure into its core platform to streamline cross-border stablecoin settlements. The move enables the payments provider to manage transaction controls, custody, and treasury operations for its global corporate clients without building bespoke security layers for each individual payment flow.

Solana moves Alpenglow consensus upgrade to public testnet

Solana has transitioned its Alpenglow consensus upgrade to public testnet, initiating a critical phase to reduce transaction finality from 13 seconds to approximately 150 milliseconds. This shift marks the largest consensus overhaul in the network's history, replacing the established TowerBFT protocol with a new system called Votor.

Russia Warns Crypto Investors of Asset Freeze Risks

Russian officials estimate that citizens hold 3.7 trillion rubles, or roughly $44 billion, in digital assets, prompting the Finance Ministry to issue a stark warning: investors must absorb potential losses if foreign stablecoin issuers freeze their funds beyond the reach of domestic regulatory control.

Bitcoin Regulatory Limbo Persists After CLARITY Act Stalls

The U.S. Senate’s failure to advance the CLARITY Act has left Bitcoin in a state of regulatory uncertainty, as the asset remains governed by agency interpretation rather than federal statute. While the legislative setback initially rattled markets, Bitcoin has since surged, reclaiming levels above $86,000 as institutional demand persists.

Scott Bessent Emerges as Potential Lead for Trump’s AI Force

Treasury Secretary Scott Bessent has surfaced as a primary contender to lead President Donald Trump’s newly announced AI Force, a move that would significantly expand his influence over the administration’s technology and national security strategy as the White House seeks a successor to former czar David Sacks.

Bitcoin’s maturing market signals shift toward tempered bull cycles

Bitcoin is entering a more mature phase that favors sustainable growth over the volatile extremes of its past, according to CryptoQuant founder Ki Young Ju. He projects the current cycle could yield three-to-five times gains, trading the prospect of parabolic 10x rallies for a more stable, less punishing bear market.