XRP ETF Surges to $500M Assets
Bitwise’s XRP ETF surpasses $500M in assets nine months post-launch, holding nearly 364.8M XRP. The fund offers indirect exposure to $XRP for brokerage-account investors. #Update #Crypto $XRP
Zcash Surges as AI Threatens Privacy
Grayscale predicts AI will increase demand for Zcash’s privacy features as analytical tools improve. Shielded transfers conceal transaction details, supporting financial privacy. #Update #Crypto
EU Intensifies DSA Scrutiny on ChatGPT
The European Commission designates @ChatGPT, Reddit, and Roblox under the Digital Services Act, requiring risk assessments by January 2027. Non-compliance fines could reach 6% of global turnover. #Update #Legal
Bitcoin Surges Amid Social Trading Boom
Social trading apps like Fomo and Pump are reshaping crypto, with weekly volumes nearing $1.3B. Ryan Watkins predicts a new Roaring Kitty could emerge from these platforms. #Update #Crypto
SEC Approves Retail Access to Crypto Derivatives
Thailand’s SEC proposes allowing intermediaries to facilitate retail access to regulated overseas crypto derivatives, marking a step toward integrating crypto products into capital markets. Consultation open until Sept. 30. #Update #Crypto $BTC $ETH
Polymarket Raises $1 Billion Valued at $21 Billion
@TrumpJr’s firm leads a $1 billion raise for Polymarket, increasing its valuation to $21 billion, with @1789Capital contributing $300 million to an existing $200 million stake. #Update #Crypto
Kalshi Bans Santos Sparks Legal Clash
Kalshi permanently banned George Santos, imposing a $71,356 penalty for rule violations. The CFTC acknowledged his cooperation in their investigation. #Breaking #Legal
Bitcoin Holds Steady Above $78K Amid Hype
Bitcoin remains steady above $78,000 while $ETH, $SOL, $TRX, and $DOGE decline; however, HYPE rises 4% amid hawkish Federal Reserve sentiment. #Update #Crypto $BTC
Bitcoin ETF Rebounds $217M as Altcoins Surge
$BTC saw a $217M ETF rebound, while $ETH ETFs extended inflows to 11 sessions; $XRP and $SOL funds recorded 10 consecutive positive sessions. #Update #Crypto $BTC
Apple Buries 2700 PCs Shapes Future
Apple buried 2,700 Lisa computers in Utah in 1989, creating scarcity and turning remaining units into six-figure collectibles. This move highlights tech’s approach to inventory management. #Update #Tech
Monero Surges 15% Leading Weekly Crypto Gains
$VET surged 23.83% this week, leading the top 100 cryptocurrencies, followed by $XMR at 23.64% and $UNI at 19.31%. Market consolidation follows an August rally. #Update #Crypto $VET
Bitcoin Ethereum ETFs Surge $2.07 Billion
Bitcoin ETFs led by Blackrock saw $924.48M inflows, while Ether funds gained $824.42M. Altcoins Solana, XRP, and HYPE drew $321.22M combined, indicating growing institutional interest beyond major cryptocurrencies. #Update #Crypto
Telegram Wallet Rebrands to Walt as Gram Launches
@Telegram introduces its self-custodial Gram wallet as the default option for users, while rebranding Wallet in Telegram to Walt, which expands crypto services beyond just holding $TON. #Update #Crypto $TON
FTX Insiders Face Permanent CFTC Bans
Former FTX executives Caroline Ellison and Gary Wang have finalized CFTC consent orders imposing permanent trading and registration bans, marking a regulatory closeout in the FTX collapse aftermath. #Breaking #Legal