Everything web3, crypto, defi, degen
In brief Bitcoin has dropped 3.77% on average each September since 2013, with eight monthly crashes in 11 years. Seasonal pressures—from fund rebalancing to Fed policy jitters—fuel risk-off sentiment that spills over from stocks into crypto. This year’s setup adds war, sticky inflation, and Fed uncertainty, making $105K the line in the sand for traders.…
WHY IS CRYPTO DOWN? ETH LEADS CRYPTO LOWER, PCE INFLATION TODAYETH leads majors lower, BTC ETF inflows flip ETH. US partners with LINK & PYTH to put data onchain. US to create path for offshore exchanges to return. 92 crypto related ETPs in the works. 21Shares files for SEI & HYPE ETFs. Binance futures trading…
In brief Ethereum has gained 17% over the past month while Bitcoin slipped 5.5%. ETH ETFs have attracted $1.2 billion in inflows after mid-August outflows. Solana advanced 7% over the same period with a sharp rise in DEX trading volumes, though remains under pressure from a sliding DEX trader count. Ethereum’s ability to draw institutional…
The U.S. Commodities Futures Trading Commission issued new guidance on Thursday for foreign firms, saying they now have a pathway to operating legally in the U.S.The regulator said in a blog post that it had put out new guidance regarding its foreign board of trade registration framework, which would apply equally to both traditional and…
The Department of Commerce announced Thursday it has begun uploading its GDP data onto nine blockchain networks, and will also enter partnerships with decentralized oracle networks Chainlink and Pyth to integrate U.S. macroeconomic data within the decentralized finance (DeFi) ecosystem and the broader crypto economy. The department’s GDP data release for Q2 2025 has already been…
In brief Solana’s daily DEX trader count has fallen to 900,000, down from 4.8 million earlier this year, Dune data shows. Retail traders are retreating amid meme coin scams, Instagram hijackings, and Ethereum’s rising dominance. Solana’s DEX volume share rebounded to 27% in August, though some warn its meme coin reliance may hinder growth. Retail…
In brief Webull has launched crypto trading for Australian users, with access to 240 digital assets and a 30 basis point spread through Coinbase Prime. Experts say Australian exchanges charge double the spreads of international peers for major cryptocurrencies like Bitcoin and Ethereum. The launch follows Webull’s Monday announcement of resuming U.S. crypto trading after…
In brief The CFTC will start using Nasdaq’s Market Surveillance platform to enhance its ability to detect fraud and market manipulation in crypto and production markets. The shift comes as lawmakers mull the CLARITY Act. A White House report recently recommended that the CFTC impose requirements on reporting market data for certain crypto firms. The…
In brief Legal experts say prosecutors face uphill battle appealing “unusually lenient” sentence for Estonians who ran a $577 million crypto Ponzi scheme. Judge Lasnik sentenced defendants to time served, rejecting prosecutors’ 10-year prison request due to concerns about foreign defendants’ treatment. HashFlare fraud hit 440,000 victims worldwide through fake mining contracts, with $400 million…
In brief KuCoin says it will become the first global exchange to support Thailand’s G-Token program, beating other major exchanges to the punch. In May, Thailand approved the world’s first publicly offered tokenized government bond worth 5 billion baht (US$153 million). KuCoin says the G-Token initiative could serve as a template for other governments exploring…
