Market News
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Bitcoin Surges to $119K as Crypto Market Value Hits $4.3T
The global crypto market cap soared to $4.32 trillion with daily trading at $101B. Bitcoin reached $119K and Ethereum climbed…
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India’s FIU Issues Notices to 25 Offshore Crypto Firms for PMLA Breach
India’s FIU directs 25 offshore platforms to comply with PMLA or face strong penalties. The crackdown signals a shift toward…
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U.S. Government Shutdown Freezes SEC Crypto ETF Approvals
The U.S. government shutdown has stalled SEC review of over 90 pending crypto ETF filings. ETF approvals expected in October…
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Base Founder Demands Non-USD Stablecoins for Real Utility
Pollak says crypto lacks true utility without non-dollar stablecoins in circulation. Coinbase’s Base now supports 12 local stablecoins plus new…
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Polymarket Would Relaunch in The US This Week With DCM License
Polymarket’s QCX acquisition grants fast track access to U.S. derivatives trading. Kalshi remains a strong rival with political contracts and…
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SEC Permits State Trusts to Serve as Cryptocurrency Custodians
The SEC confirms that state trust firms are permitted to hold cryptocurrency assets. When picking custodians, advisers must make sure…
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Crypto Treasury Exposure Triggers Broad Sell-Off in Public Firms
Tron Inc. shares have dropped 85% since June, exposing risks in crypto treasury models. Firms like MicroStrategy and Bitmine face…
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David Schwartz to Leave Daily Ripple CTO Role in 2025
David Schwartz announced his plan to step back as Ripple’s CTO at the end of 2025. He will remain active…
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U.S Government Shutdown, What Next for Markets and Crypto?
U.S Shutdown changes debate from funding delays to lasting federal workforce cuts. SEC and CFTC staffing shortages threaten progress on…
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Bit Digital Prices $135 million Convertible Notes Due 2030
Bit Digital priced $135 million convertible notes with a maturity scheduled for 2030. The company plans to direct proceeds into…
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Former LA Deputy Pleads Guilty in Crypto Extortion Plot
Coberg admitted to helping in extorting victims under the disguise of active police duty. Prosecutors detailed staged arrests and forced…
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AllUnity Joins Stripe Privy to Bring Euro Stablecoin EURAU
AllUnity secured a deal with Stripe’s Privy to integrate the regulated euro stablecoin EURAU. The integration allows fintechs and enterprises…
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