GSR submitted filings for 5 crypto-focused exchange-traded funds (ETFs) to the Securities and Exchange Commission on Sept. 24, tracking the efficiency of digital asset treasury (DAT) firms and Ethereum (ETH) staking. The Digital Asset Treasury Companies ETF goals to attain complete return by investing in fairness securities of firms that maintain digital belongings of their…
Bitcoin and Ethereum traders stay optimistic concerning the market’s trajectory even after this week’s price corrections rattled digital property throughout the board. According to Derive.xyz, an on-chain derivatives platform, market members are assigning a 22% likelihood that Ethereum will surpass $5,000 by Oct. 31. Bitcoin is considered much more favorably, with traders pricing in a…
South Korea’s cryptocurrency market simply marked one of the high-profile partnerships of 2025 with a Trump backed mission. Bithumb, the nation’s second-largest crypto change, has signed a strategic memorandum of understanding (MOU) with World Liberty Financial (WLFI), the crypto enterprise backed by the Trump household. The deal seeks to spice up stablecoin adoption, create new…
Tether, the issuer of the world’s largest stablecoin by market capitalization and buying and selling quantity, USDT, is reportedly looking for to boost between $15 billion and $20 billion by way of a non-public placement, probably elevating the corporate’s valuation to round $500 billion. As current reports highlighted on Tuesday, this bold monetary maneuver might…
Tether is pursuing talks with buyers to increase between $15 billion and $20 billion for roughly 3% of its fairness by a non-public placement, Bloomberg News reported on Sept. 23. The deal may place the crypto agency among the many world’s most useful non-public corporations, with a valuation of round $500 billion. This would place…
Hashdex filed with the SEC to broaden its Nasdaq Crypto Index US ETF past Bitcoin and Ethereum, looking for approval to add Solana, Cardano, and XRP under newly adopted generic listing standards. The submitting permits the fund to monitor the whole composition of the Nasdaq crypto index fairly than limiting holdings to the 2 largest…
Commodity Futures Trading Commission (CFTC) Acting Chairman Caroline Pham introduced on Sept. 23 that the company will launch an initiative to enable tokenized collateral in derivatives markets, together with stablecoins. The announcement builds on the CFTC’s February 2025 Crypto CEO Forum and varieties a part of the company’s crypto dash, implementing suggestions from President Donald…
FTX Recovery Trust sued Bitcoin mining firm Genesis Digital Assets, searching for to recover $1.15 billion in allegedly fraudulent transfers made by the co-founder of the fallen trade, Sam Bankman-Fried. As Bloomberg Law reported on Sept. 23, the belief filed the lawsuit on Sept. 22 in the US Bankruptcy Court for the District of Delaware….
Y Combinator announced plans to fund Web3 startups by means of a brand new “Fintech 3.0” initiative created in collaboration with Base and Coinbase Ventures on Sept. 23. The accelerator targets firms constructing monetary methods on blockchain infrastructure, citing regulatory readability and infrastructure maturity as key components enabling this sector’s development. The announcement, released simultaneously…
The Liquidium Foundation has launched a liquid staking framework for Rune-based tokens working on Bitcoin’s layer-1 community. The protocol permits customers to stake tokens whereas sustaining their native Bitcoin format, utilizing Internet Computer’s chain fusion know-how for pockets safety. The framework initially helps staking of Liquidium’s LIQ tokens, which observe the Runes standard developed for…