Crypto News

- PayPal announced Thursday it has partnered with on-chain capital allocator Spark to grow the liquidity of its stablecoin, PYUSD, to $1 billion within a matter of weeks, according to Spark’s co-founder Sam MacPherson. The collaboration has already propelled deposits to nearly $200 million, demonstrating a new model for bootstrapping digital assets. The Liquidity Advantage “Predictable access to deep liquidity is what allows stablecoins like PYUSD to scale quickly,” MacPherson said in a statement Wednesday. But achieving that liquidity has traditionally required costly third-party market makers, with costs in the “low double digits,” he noted. Spark’s model offers a sustainable alternative by leveraging its access to deep capital...

- Nasdaq-Listed Ethereum Treasury Firm SharpLink to Offer Tokenized Shares Ethereum treasury firm SharpLink Gaming said Thursday that it will tokenize its SEC-registered common stock directly on the Ethereum blockchain, appointing financial technology firm Superstate as its digital transfer agent. The Nasdaq-listed company will use Superstate's Opening Bell platform to enable SBET shareholders to hold shares natively on Ethereum while maintaining regulatory compliance, according to a press release shared with Decrypt. The tokenized shares remain legally equivalent to traditional book-entry equity but can be held in self-custodied wallets and integrated with digital financial products, SharpLink Gaming said. The company claimed it...

- Bitget Bets Big on Universal Exchange (UEX) Model, Combining Crypto, TradFi, and Tokenized Assets The cryptocurrency industry has long struggled with fragmentation. From non-fungible tokens (NFTs) to decentralized finance (DeFi) to centralized trading, every niche has its own platforms and apps. Few have successfully created a single hub that unifies all of these financial layers. Bitget, one of the world’s largest exchanges, believes it has found the formula with its Universal Exchange (UEX). A Universal Exchange Vision Gracy Chen, CEO of Bitget, described the concept as the culmination of seven years of infrastructure-building. Crypto platforms have long been plagued by what insiders call the “impossible triangle”: users want...

- Individual retirement accounts (IRAs) are one of the most popular ways to save for retirement. Opening one and making contributions can feel like you’re on the right track to securing your future. However, many people discover later that simply setting up an IRA isn’t enough, and small missteps along the way can lead to costly regrets. Not Investing the Money You Contribute The first mistake often happens right after funding an IRA. Many people think once the money is in the account, that’s it. “The biggest thing people regret with their IRA is not investing it,” Zigmont said. “The first step is to fund your IRA, which involves depositing money into it. Then you actually need to invest it in the market. If you put your money...

- Launch Of Euro-Backed Stablecoin In H2 2026? Nine European Banking Giants Join Forces Nine of Europe’s biggest banks—including ING, UniCredit, Danske Bank, SEB, KBC, DekaBank, Banca Sella, and Raiffeisen Bank International—have decided to collaborate on a euro-backed stablecoin. Under the European Union’s (EU) Markets in Crypto-Assets Regulation (MiCA) framework, the collaborating banks will roll out the stablecoin in the second half of 2026. Will this be a game-changer for European crypto payments? Will the euro-backed stablecoin reduce Europe’s reliance on US dollar-denominated stablecoins? On 25 September 2025, ING released the joint statement confirming that “the initiative will provide a real European alternative to the...

- Protect Your Crypto with Tangem Wallet and Save 10% Hardware wallets as bulky 'flashdrive' devices are so 2022. Hardware and security have improved by leaps and bounds since then – and now style is catching up. With security always at the top of mind, Tangem Wallet is not compromising on looks either, with a beautiful range of credit card-sized wallets and a stylish ring for your finger. Tangem has an excellent record since launching its first wallet in 2018. Currently, the company is offering 10% off its range of wallets exclusively to 99Bitcoins readers. What Makes Tangem Different? Tangem Wallet is not your average hardware wallet. It resembles a credit card and comes in packs of two or three, ensuring you always have...

- Ethereum Plummets Below $4,000 As Whale Trader Takes $36 Million Loss Ethereum (CRYPTO: ETH) has dipped below the $4,000 mark, triggering massive losses for one whale trader and renewing fears about further downside. Trader Notes Trader CrediBULL Crypto emphasizes that a 30% drop from all-time highs isn't alarming, citing Bitcoin's similar 20–40% corrections during the 2017 bull run. He stresses that structural support levels matter more than the size of the drop. The high-timeframe impulse starts at $2,090, so a dip below the current zone would still be healthy, though a bounce would be ideal. He cautions against panicking over temporary dips. Cold Blooded Shiller pointed out that ETH has gained 280% over four months, compared...

- Pudgy Penguins CEO: Korea is The ‘Epicenter’ of Global Culture In today’s Markets Outlook, Pudgy Penguins and Abstract CEO Luca Netz join CoinDesk’s Jennifer Sanasie and Sam Ewen from Korea Blockchain Week to share his insights on why the country is the new epicenter of both global culture and crypto. He explains the staggering statistics on Korean crypto adoption, what American companies can learn from this market, and how his company, Abstract, is working to bring fun back to the EVM. This article has been published in CoinDesk via Yahoo News. https://finance.yahoo.com/video/pudgy-penguins-ceo-korea-epicenter-131630176.html

- Hashdex Expands NCIQ ETF With Spot XRP, Solana and Stellar Exposure Hashdex Asset Management Ltd. and Nasdaq Global Indexes have announced the expansion of the Hashdex Nasdaq Crypto Index US ETF (NCIQ), the multi-asset spot crypto exchange-traded product (ETP) in the United States. The ETF launched in February 2025 with spot Bitcoin and Ether and will now include exposure to XRP, Solana, and Stellar—bringing the total to five crypto assets. Collectively, these tokens represent over $3 trillion in combined market capitalization, says Hashdex. According to the asset manager, the move provides U.S. investors with streamlined access to a diversified basket of digital assets through a single, tradable product. By tracking the Nasdaq...

- The global crypto market is in the red again, falling 2.2% over the past 24 hours to $3.91 trillion, according to the latest market data. Total crypto trading volume is up slightly at $178.5 billion, but price action remains largely negative across major assets. Crypto Winners & Losers At the time of writing, nine of the top 10 cryptocurrencies by market cap are posting daily losses. Bitcoin (BTC) is trading at $111,488, down 1.4% on the day and 3.6% over the past week. Ethereum (ETH) is down 4.2% in 24 hours to $4,006.79, one of the steeper drops among top coins. Solana (SOL) leads the losses, dropping 5.2% on the day and over 8% on the week, now priced at $201.23. Dogecoin (DOGE) also saw a sharp decline, falling 4.9% to $0.2312...

- BOS Rolls Out New Protocol to Put Dormant Institutional Bitcoin to Work Smart contract operating system BOS (BitcoinOS) has launched Grail Pro, a new protocol designed to convert dormant Bitcoin reserves into productive capital while preserving custody standards. Released Thursday in London, Grail Pro is described as an institutional-grade protocol for trustless bridging and programmable tokens, with all processes verifiable on-chain, on Bitcoin itself. BOS developed the protocol after having “seen the evolution of Bitcoin” and its continuous growth in interest and adoption among institutions, co-founder and chief executive Edan Yago stated. Companies like Strategy are “showing the world that Bitcoin is an institutional-grade...

- CleanSpark has secured a $100 million bitcoin-backed credit facility with Two Prime, increasing its total collateralized lending capacity to $400 million, according to a company press release. The company claims Two Prime, amongst other partners, offers “responsibly sized leverage” at a “market-leading cost of capital.” Proceeds from the facility are earmarked to accelerate deployment of bitcoin mining hashrate, invest in HPC capabilities, and support the company’s evolving “Digital Asset Management strategies.” CFO Gary Vecchiarelli emphasized the company’s ability to “rapidly pay down debt” through strong cash flow. The agreement builds on CleanSpark’s existing partnerships in collateralized lending. On Monday, the company...

- South Korea's Ruling Party Task Force Aims at Crypto, Stablecoin Oversight South Korea’s ruling Democratic Party has launched a new “Digital Asset Task Force,” pledging to push through legislation on stablecoins and virtual assets by year’s end, an effort officials say will help “protect Korea’s monetary sovereignty.” “The need for legislation to cover issuance, distribution, and stablecoins of virtual assets is constantly being raised in the market,” Han Jung-ae, chair of the Democratic Party’s policy committee, said at the launch ceremony at the National Assembly. “It is time to innovate technology in various fields related to virtual assets and prepare a reasonable system to keep pace with the flow of new financial markets,”...

- The cryptocurrency market experienced significant liquidations amounting to $442 million as major digital currencies such as Bitcoin, Ethereum, and Solana faced price declines. Over the last 24 hours, the global cryptocurrency market decreased by 2.2%, with the IP blockchain Story suffering the most substantial loss of 27%. A considerable portion of the $442 million in crypto liquidations involved long positions, totaling $377 million. Ethereum led with over $180 million in liquidations, following a 4.2% daily drop and a 12.9% weekly decline. Bitcoin contributed $63 million in liquidations with a modest 1.4% drop on the day. Other cryptocurrencies also faced liquidations, including Solana, with $34.8 million after a 5.1% daily...

- AIOZ Stream Aims to Unlock Next-Level Rewards for Viewers and Creators A new Web3 streaming protocol promises to give creators full ownership of their content—and a greater share of revenues. AIOZ Stream is a decentralized protocol that aims to deliver a more open and equitable social media ecosystem, blending high-quality and low-latency streaming with fair and on‑chain monetization. Based on the AIOZ Network, the platform blends shorter clips and longer-form videos in one place—and in a unique twist, content is distributed to users in a peer-to-peer environment through a global DePIN infrastructure. “AIOZ Stream is about creating alignment end-to-end,” said Erman Tjiputra, Founder & CEO of AIOZ Network, in a statement shared...

- Vietnam Jails 43 in $3.8B Crypto Gambling Ring Key Takeaways Forty-three people have been jailed by a Vietnamese court for their involvement in a $3.8 billion online illicit crypto gambling ring. The criminal group reportedly used millions of illegally obtained funds to purchase luxury cars and real estate. Forty-three People Charged On Thursday, Sept. 25, state media reported that the leaders of the ring, four Vietnamese siblings, had been charged with organized online gambling between 2020 and 2021. The four siblings were jailed between eight and 13 years, according to the Ho Chi Minh City’s Law newspaper. Thirty-nine different people were also charged and sentenced to three to ten years. The newspaper reported that Vietnamese...

- The Hong Kong Monetary Authority (HKMA) has firmly denied social media rumors that the world’s first offshore yuan-pegged stablecoin has been issued in the city. In a public statement, the regulator labeled the reports as “false news” and urged investors to remain vigilant against unverified claims that could mislead the market. The warning comes amid heightened global interest in stablecoins, particularly those linked to the Chinese yuan, as traders and developers look for new forms of liquidity in the digital asset sector. HKMA officials stressed that no entity has been granted a license to issue a yuan-pegged stablecoin in Hong Kong. Stablecoin Ordinance Now in Effect The HKMA reiterated that under the Stablecoin Ordinance...

- South Korea’s Naver Financial 'Discussing' Upbit Stock Swap, Eyeing Stablecoin Market South Korean internet giant Naver Corporation is in talks with crypto exchange Upbit operator Dunamu over a possible share swap that could bring the country’s largest exchange under the Naver group. Naver shares rose as much as 11.4% on Thursday after local outlet Chosun reported the companies had agreed to a comprehensive stock swap. The report described a deal that would make Dunamu a subsidiary of Naver Financial, the group’s fintech arm, giving the tech giant direct control of Upbit and positioning it for a deeper move into crypto markets. Naver filed a disclosure with the Korea Exchange addressing reports that it had agreed to a share swap...

- Fidelity launches new trading platform for retail investors (Reuters) - Fidelity Investments is rolling out a major upgrade to its trading platform on Thursday to meet the rapidly growing demand for new tools by self-directed individual investors. The new Fidelity Trader+ platform will offer real-time analytics, customizable charts and other features to the firm's most active traders, a fast-evolving and growing group of individuals whose activity increasingly shapes the market. "These are some of our better customers in terms of engagement and activity, and they have a unique set of needs," said Josh Krugman, senior vice president of brokerage at Fidelity. This group is more likely to trade individual stocks and exchange-traded...

- Ethereum Washout As per Coinglass data, crypto markets are facing pressure as $331.35 million was liquidated over the past 12 hours, bringing the 24-hour total to $415.92 million. The cause? Ethereum’s tumble below the key $4,000 support level. This saw around $100 million in ETH long positions liquidated in the early hours, with one whale losing $36.4 million, bringing their total losses to $45.3 million. In the past 24 hours, ETH long and short position liquidations have amounted to $182.23 million. Bitcoin liquidations currently stand at $58 million. Adding to the downward pressure on ETH is the poor performance from spot Ethereum exchange-traded funds (ETFs), which have recorded almost $300 million in net outflows so far this...