Crypto News

- FalconX Opens Door to Trading Ethereum’s Native Yield San Mateo, California-headquartered FalconX said Thursday it has executed the first forward rate agreements tied to Ethereum staking yields, introducing a new class of rate-based derivatives to the digital asset market. The contracts reference the Treehouse Ethereum Staking Rate, or TESR, a benchmark published daily by infrastructure provider Treehouse. The measure is part of Treehouse’s “Decentralized Offered Rates” framework, intended to create crypto-native equivalents of widely used benchmarks such as Libor or the Secured Overnight Financing Rate. Its launch comes as demand for staking has surged, with Ethereum’s validator entry queue recently hitting its highest level in...

- Crypto Treasuries Meet ETFs in Novel Offering Before SEC Crypto trading firm GSR has applied for an exchange-traded fund based on the performance of cryptocurrency treasuries, according to a Wednesday filing with the U.S. Securities and Exchange Commission that included proposals for four other funds focused on Ethereum and staking. The GSR Digital Asset Treasury Companies ETF will invest at least 80% of its assets in firms that hold cryptocurrencies in their corporate treasuries, according to the N-1A registration statement. The ETF, which will initially hold 10-15 positions, will target companies listed on U.S. stock exchanges, although it may also include private investments in public equity (PIPE). PIPEs are privately settled...

- Hedge fund analyst sends harsh warning on Wall Street's new craze Ryan Watkins, co-founder of thesis-driven hedge fund Syncracy Capital, is making the case that Digital Asset Treasuries (DATs) — which collectively control more than $105 billion in assets and represent a sizable portion of supply on major blockchains — present both risk and opportunity. Watkins wrote: Wall Street's new 'gold rush' DATs have been faster to scale than at any point in history, rivaling past crypto fundraising crazes, Watkins believes. Furthermore, he notes that most of the conversation has been focused on short-term speculation — how much it can raise, how long premiums will last, and what tokens are next to catch interest. "Most DATs lack substance...

- Solana Grew This Key Metric by 198% in 1 Year, But Is It a Buy? Money that briefly passes through a platform says one thing about that platform's value, but money that settles in and gets to work says something very different, and far more bullish, about both user conviction and the platform's future cash flows. On that note, more capital has decided that Solana's (CRYPTO: SOL) smart contracts and ecosystem projects are precisely where it belongs. Per data from crypto data provider Token Terminal, the chain's ecosystem total value locked (TVL) is up by 198% over the last 12 months, reaching $38.5 billion. If you are wondering whether that strength says anything about where the coin's price could go next, it likely does, so let's...

- The Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) will hold a joint roundtable on regulatory harmonization this Monday, September 29, at the SEC’s headquarters in Washington, D.C. The meeting, scheduled from 1 p.m. to 5:30 p.m. ET, will be open to the public and webcast live. The event marks one of the most important gatherings to date between traditional finance executives and leading crypto firms. SEC and CFTC to Host Joint Roundtable on Digital Asset Oversight According to the published agenda, the roundtable will feature three panels, each exploring how closer coordination between the SEC and CFTC could reshape oversight of trading platforms, market participants, and digital asset...

- Avalanche’s First Nasdaq Firm Debuts With $550M Raise And A Plan for Staking AVAX – What to Expect? AgriFORCE Growing Systems Ltd. has announced plans to rebrand as AVAX One, positioning itself as the first Nasdaq-listed company dedicated to maximizing ownership of AVAX, the native token of the Avalanche blockchain. The company seeks to raise around $550 million, with the goal of holding more than $700 million in AVAX, establishing itself as a foundational player in the Avalanche ecosystem. Avalanche, which secures more than $6.2 billion in staked assets, has become a leading institutional-grade blockchain, offering high-speed infrastructure for the tokenization of real-world assets. Global firms, including KKR, Apollo, and J.P...

- Willy Woo revamps Bitcoin price target after 4 years Willy Woo, the popular on-chain analyst, recently joined TheStreet Roundtable host Scott Melker in which he shared his outlook on a range of concerns surrounding the crypto market. The duo talked about Bitcoin's liquidity, the possibility of an altcoin season, and digital asset treasuries. Bitcoin 'canary in the coal mine' One can call Bitcoin the "canary in the coal mine" because among all the global macro assets, it is most sensitive to liquidity, Woo underlined. Bitcoin, which hit an all-time high (ATH) of $124,457.12 more than a month back on Aug. 14, has been facing a downturn of late. Currently, the underlying investor fundamental is in a make-or-break zone but the...

- FTT saw a surge in value following a random post to the X account of disgraced FTX founder Sam Bankman-Fried on September 23. Sam Bankman-Fried Surprises With X Post In the Tuesday night X post, the one-time king of crypto posted a simple “gm” (short for good morning) on his social media feed. According to data from CoinGecko, the native FTX token was up over 18% in the past 24 hours as of Wednesday morning. The move raised eyebrows from the crypto community at large, given that federal inmates posting on social media is widely prohibited. However, in a reply to the X post a few hours later, the person behind the message alleged that he was not Bankman-Fried. “No, SBF is not posting himself from prison,” the X post read. “I’m a...

- Polymarket Lures Bettors With Highest 4% Yield Amid Kalshi’s Weekly Volume Surge Polymarket has introduced a new incentive for prediction market participants, offering a 4% annualized yield on certain long-term positions. The reward, which is paid out daily, is designed to keep long-term pricing accurate and is currently funded through the Polymarket Treasury. According to the exchange, the yield applies to positions in a set of political and geopolitical markets, including the 2028 U.S. presidential race, the balance of power in the 2026 midterms, and leadership outcomes in countries such as Russia, China, Turkey, Israel, and Ukraine. Positions are valued based on the number of “Yes” and “No” shares held and the most recent...

- Coinbase CEO predicts an unbelievable target for Bitcoin Coinbase (Nasdaq: COIN) CEO Brian Armstrong predicts that the price of Bitcoin will rise to $1,000,000 by 2030, and he is citing regulatory clarity, an increase in government adoption, and big demand from institutions as catalysts for its continued rise. Armstrong told Fox Business that there "are a couple of big tailwinds" such as bipartisan progress on crypto legislation, U.S. efforts to create a strategic Bitcoin reserve, and continued ETF inflows, which he thinks could supercharge adoption. He added: Armstrong notes that Bitcoin's evolution is a hybrid between gold and equities, highlighting its growing role as both a hedge and an asset of choice in uncertain times...

- ATM Operator Athena Bitcoin Accused of Stealing Copyrighted Source Code AML Software, a company registered in Illinois, has sued Athena Bitcoin, accusing the Bitcoin ATM operator of trying to steal its source code, according to a complaint filed on Tuesday. In the 16-page document, AML Software alleged that Athena engaged in copyright infringement, the misappropriation of trade secrets, and “a number of other unlawful acts,” while allegedly trying to overtake 3,000 machines from a third party starting in 2023. AML Software develops code that powers Bitcoin ATMs, and in its complaint, the company described that as “guts” of various machines letting customers exchange cash for crypto. The lawsuit notes that AML Software’s code is...

- After a choppy start to the week, the crypto market is slowly inching back upwards today. But with Bitcoin and most other major cryptocurrencies stuck in rangebound trading, there’s one coin out there getting degens excited: the Hyperliquid rival, Aster. The Aster token is currently trading at a $3.8 billion market cap, and an $18 billion fully diluted valuation, after debuting just one week ago. Aster: An explosive rise Aster is the native token of a decentralized perpetual futures exchange by the same name that’s challenging Hyperliquid’s dominance in the sector. It runs on multiple blockchains, including Ethereum and Solana, but it primarily exists on BNB Chain, formerly known as Binance Chain. Aster, the exchange, has been...

- Dogecoin, Bitcoin Treasury Firm Thumzup Sees Stock Climb on Buyback Plans Another crypto treasury company is betting on stock buybacks to appease investors, with Thumzup Media Corporation—which is currently stockpiling Bitcoin (BTC) and Dogecoin (DOGE)—the latest to see its share price climb after revealing such plans. Thumzup, which trades as TZUP on the Nasdaq, announced its board has approved a $10 million share repurchase program running through the end of 2026. This follows the recent completion of an initial $1 million buyback program this month, as the company repurchased 212,432 shares at a weighted average price of $4.71 per share. TZUP was recently trading for $4.82 per share, up about 6% on the day. It rose as high as...

- Ethereum Layer-2 Rollups Misprice Small Transactions, Study Warns Ethereum’s rollup networks are mispricing small transactions, creating risks that range from inflated user costs to denial-of-service attacks, according to a new study by researchers at zkSecurity, Prooflab, and Imperial College London. The study, “Unaligned Incentives: Pricing Attacks Against Blockchain Rollups,” was posted on Sunday and detailed how different rollups calculate fees for execution, data availability, and proof costs. It concluded that current fee mechanisms are too simple to balance fairness, security, and usability. Rollups are layer-2 networks that batch transactions and settle them on layer-1 blockchains like Bitcoin, Ethereum, and Solana to...

- Bitcoin and Ethereum exchange-traded funds (ETFs) recorded a combined $244 million in outflows on September 23, marking the second consecutive day of investor withdrawals. This follows a sharp $439 million exit the previous day, as investors repositioned around the Federal Reserve’s recent rate cut and upcoming U.S. inflation data. ETF Flows Highlight Investor Caution With Bitcoin and Ethereum Facing Daily According to data from SoSoValue, Bitcoin spot ETFs saw net outflows of $103.6 million on Monday. Fidelity’s FBTC led the withdrawals with $75.6 million, followed by ARK 21Shares’ ARKB, which shed $27.9 million. In contrast, BlackRock’s flagship IBIT managed to secure a modest $2.5 million inflow, while Invesco’s BTCO recorded...

- Key Points Cryptocurrency prices slumped Sept. 22 with Ethereum (CRYPTO: ETH) losing 9% in the early hours of Monday morning. The second-biggest cryptocurrency fell from almost $4,500 to $4,075, before finishing the day at $4,200. Bitcoin (CRYPTO: BTC) dropped 3% and the total crypto market cap slipped back below $4 trillion. Crypto positions saw more than $1.6 billion in liquidations in 24 hours -- the biggest liquidation this year. Ethereum was hardest hit with more than $500 million wiped out. It's a reminder of the way excessive leverage in crypto can quickly snowball. The market moved against investors who had borrowed to fund bullish positions. As it did, their positions were forcibly closed, which added to the broader...

- E*Trade Partnership Marks High-Margin Growth Play: ZeroHash CEO Morgan Stanley will partner with ZeroHash to let E*Trade clients trade crypto starting next year. ZeroHash CEO Edward Woodford explains why retail crypto is a competitive but high-margin business, and how traditional Wall Street players are moving further into digital assets. This article has been published in finance.yahoo.com via Yahoo News. https://finance.yahoo.com/video/e-trade-partnership-marks-high-182053953.html

- How Miners Can Tackle Bitcoin's Halving Problem In today's Markets Outlook, CoinDesk's Jennifer Sanasie and Sam Ewen sit down with Jaime Leverton, CEO of ReserveOne, at Korea Blockchain Week 2025 to discuss the critical role of transaction fees in bitcoin halving and the potential for a new era of bitcoin DeFi. Leverton shares insights on the challenges and opportunities that the halving presents for miners and the broader cryptocurrency ecosystem. The Role of Transaction Fees The bitcoin halving, which occurs approximately every four years, reduces the block reward for miners by half. This event impacts the profitability of mining operations, making transaction fees a more critical component of miners' revenue streams. Leverton...

- XRP Lands on Flare: Will DeFi Save XRP Price in October? XRP can finally plug into DeFi, but will FXRP’s launch on Flare be enough to lift the token in October? Flare Network announced on Sept. 24 that its FAssets protocol is now live on mainnet, beginning with FXRP v1.2. The token is a one-to-one, over-collateralized representation of XRP that can be used in Flare’s decentralized finance stack. The rollout marks the first time XRP holders can tap into lending, liquidity, and, soon, liquid staking on Flare. Why Did Flare Cap FXRP Minting at 5M in the First Week? The FAssets protocol converts non-smart-contract tokens such as XRP into ERC-20 assets on Flare. Security relies on agents, collateral pools, and Flare’s native data...

- Tether names ex-Google, Limestone executive as chief business officer Crypto giant Tether has appointed Benjamin Habbel as its chief business officer, the company said on Wednesday, as it looks to broaden its investments beyond digital assets. Habbel, who served as CEO of private equity firm Limestone Capital and held senior roles at Google, will oversee Tether's growth strategy, finance, investment, and portfolio expansion. The company said he will also work with its existing portfolio, which spans sectors including artificial intelligence, telecommunications, bitcoin mining and energy, cloud computing, and real estate. El Salvador-based firm's USDT stablecoin, which is pegged to the U.S. dollar, has a market capitalization of...