Anthropic's IPO filing highlights potential volatility in tech valuations, influencing investor confidence and market dynamics significantly.
The post Anthropic files for $2T IPO amid risks, market skepticism grows appeared first on Crypto Briefing.
EliseAI's growth highlights the increasing reliance on AI to streamline administrative tasks, potentially transforming efficiency in key sectors.
The post AI startup EliseAI raises $350 million led by Andreessen Horowitz and Bessemer appeared first on Crypto Briefing.
Raydium's success with tokenized equities highlights potential growth for decentralized exchanges but raises regulatory scrutiny concerns.
The post Raydium records highest weekly revenue since mid-2025 as tokenized equities reshape Solana’s biggest DEX appeared first on Crypto Briefing.
QuickSwap's rapid growth on Base highlights the potential for Layer 2 networks to significantly boost decentralized exchange volumes and innovation.
The post QuickSwap exceeds $700M in lifetime volume on Base appeared first on Crypto Briefing.
The Parti Qubcois' resurgence could reshape Quebec's political landscape, influencing Canadian unity and economic stability.
The post Parti Québécois poised for comeback, challenging PM Mark Carney appeared first on Crypto Briefing.
Bitcoin Magazine

Now Accepting Bitcoin: Coljac Café Bitcoin Hub with 40+ Nearby Missouri Merchants
When I heard of the Coljac Café Bitcoin acceptance, I expected to write a quaint little piece about a small-town coffee shop trying something quirky. I was completely wrong. What I found in Farmington, Missouri wasn’t just a place to grab a morning espresso, it was the undisputed heart of an entire regional monetary movement.
When local Bitcoiners started dropping in, grabbing tables, and hosting informal meetups at the Farmington shop, ownership was willing to listen. Owner Jessica Goff and the local bitcoiners worked together and integrated Coinos.io, giving her register native Bitcoin and Lightning functionality. Their register has since been updated to Square who officially crossed 1 million vendors accepting bitcoin. That willingness to embrace her customers has paid off in measurable revenue:
Today, a “Bitcoin Accepted Here” sign sits right on the counter. Sure, 95% of her day-to-day customers still hand over credit cards or cash, but that sign has become a beacon. As Jessica has grown more aware of the monetary shift, she’s become genuinely happy to educate curious locals who stop to ask about it over their morning drip.
Here is where the story gets really wild. The Coljac Café Bitcoin story didn’t just stay an isolated island accepting sats, it became the focal gathering point that catalyzed an entire local circular economy in and south of St. Louis. Because Col Jac’s created a safe landing pad for Bitcoiners, the surrounding community started taking notice. Now, the momentum is spreading across the region:
If you live in Farmington, Saint Louis or anywhere in Missouri, the option to live fully on bitcoin is becoming a reality. I’ve listed all the businesses that I know of, and happy to add more. As always, email vagabond@b.tc with your story and we will get it covered.
Full Directory of Businesses Accepting Bitcoin within 2 hours from Coljac Café – source https://btcmap.org/
Accepting Bitcoin Farmington & St. Francois Hub (Under 30 Minutes)
Accepting Bitcoin The Middle Ring (~45 Minutes to 1.25 Hours)
Accepting Bitcoin The Outer Radius (~1.5 to 2 Hours)This post Now Accepting Bitcoin: Coljac Café Bitcoin Hub with 40+ Nearby Missouri Merchants first appeared on Bitcoin Magazine and is written by Vagabond.
Bitcoin Magazine

Belarus Approves the Country’s First Crypto Banks: Report
The first crypto banks have opened in Belarus, according to reports, after the European country earlier this year created a legal framework for Bitcoin banks.
While not yet named, the crypto banks will start operations after obtaining accreditation from the National Bank of Belarus, Russian news agency Interfax reported Monday.
Back in January, Belarusian President Alexander Lukashenko signed Decree No. 19 “On Cryptobanks and Certain Issues of Control in the Field of Digital Tokens,” officially creating a legal framework for bitcoin and crypto banks in the country.
“The practical outcome of today’s discussion is the launch and registration of the first crypto banks in the country’s history,” Interfax reported the press service of High-Tech Park saying in a statement.
High-Tech Park is a tax and legal regime in Belarus. Digital asset transactions are permitted in the zone.
The statement added that banks would be regulated by Hi-Tech Park and the National Bank.
Dmitry Kalechits, first deputy director of the High-Tech Park supervisory board secretariat, was quoted saying that the move would “improve the flow of the financial ecosystem” and drive foreign investment to Belarus.
President Lukashenko last September backed the National Bank’s initiative to establish crypto banks in the country.
The country has long pushed pro-crypto regulations. A 2017 decree legalised crypto mining and trading and temporarily exempted individuals’ crypto income from tax and declaration. That exemption was extended to 2025 and has since been narrowed, with income from foreign platforms now taxed at 13%.
Lukashenko has repeatedly promoted Bitcoin mining as a use for surplus electricity, and in 2025 the Mogilev region began preparing sites for mining farms with his backing.
This post Belarus Approves the Country’s First Crypto Banks: Report first appeared on Bitcoin Magazine and is written by Mathew Di Salvo.
Bitcoin Magazine

UK Chancellor of the Exchequer Blasts Nigel Farage’s ‘Bitcoin Account’
UK Chancellor of the Exchequer John Healey has appeared to slam Reform Party leader Nigel Farage’s use of Bitcoin.
In a Monday speech, the finance minister said that Nigel Farage — a pro-crypto member of parliament — was “Liz Truss with a Bitcoin account.”
Farage, who is leading the increasingly popular Reform Party, has come under fire recently for receiving donations from crypto entrepreneurs. Liz Truss was the UK’s shortest serving Prime Minister who was heavily criticised for her debt-fueled 2022 mini budget.
“Nigel Farage — he wants you to think he’s a man of the people,” Healey said. “But when it comes to the economy, he’s Lizz Truss with a Bitcoin account.”
Healey went on to say that his leading Labour Party would help the UK get ahead “through fiscal discipline, through good work, through strong industries.”
His comments were criticized by the Bitcoin community on X, who asked what a “Bitcoin account” even was.
“Apparently ‘Bitcoin account’ is now a thing,” the Simply Bitcoin account wrote on X. “Incredible stuff from one of the people running Britain.”
Populist Farage has long been a pro-crypto politician. Since 2020, he has framed Bitcoin mainly as a question of personal freedom and opposition to state control of money.
Farage has also said that he was debanked by private British bank Coutts and that led him to develop more interest in digital assets.
Just last year, he said at the Bitcoin 2025 Conference at Las Vegas that he’d slash crypto capital gains taxes and force the Bank of England to establish a Bitcoin reserve if elected as the next Prime Minister.
Farage has come under fire this year for receiving millions of dollars in the form of crypto donations from tech entrepreneur and Tether investor Christopher Harborne, and Ben Delo, one of the founders of the now-closed BitMEX crypto exchange.
The Metropolitan Police have opened an investigation into reports that Reform broke rules against overseas donations. Reform denies wrongdoing and says it will cooperate.
This post UK Chancellor of the Exchequer Blasts Nigel Farage’s ‘Bitcoin Account’ first appeared on Bitcoin Magazine and is written by Mathew Di Salvo.
Bitcoin Magazine

Citi and Coinbase Working Together To Build Stablecoin Infrastructure for Businesses
Citigroup is working with America’s biggest crypto exchange, Coinbase, in its latest blockchain-based venture.
The two companies said in a joint statement Monday that they were teaming up to allow Citi clients to move between regular money and stablecoins without having to build or manage both banking and crypto systems themselves.
The announcement comes as banks worldwide utilize Bitcoin’s underlying technology to speed up their processes and cater to crypto-hungry customers.
Citi last month said it would allow institutional investors to custody both traditional assets and bitcoin within one framework, rather than needing separate systems, later this year.
“Our clients operate in an increasingly fast-paced and complex global economy, and we’re focused on delivering the solutions they need,” said Debopama Sen, Head of Payments, Services, Citi.
“Our goal is to build the next generation of payments infrastructure — one that is seamless, interoperable, and operates across both traditional and digital payments instruments and networks.”
There are two parts to the deal, the announcement said. Firstly, Coinbase Virtual Accounts, built on Citi’s banking-as-a-service platform, will give Coinbase’s payments customers bank-account-like features so they can accept, hold, send funds. Citi will provide the regulated banking backbone so that incoming fiat can be automatically converted to stablecoins.
Secondly, Citi’s merchant platform, Spring by Citi, will use Coinbase’s infrastructure so that Citi’s enterprise clients can accept stablecoin payments at checkout. Coinbase will convert the stablecoins to fiat, and Citi settles the funds, so merchants never have to hold or manage crypto directly.
“Fintechs building on Coinbase have always needed a fast, compliant bridge between fiat and stablecoins, and Citi gives us that at scale,” Coinbase’s Head of Infrastructure Product, Alec Lovett, said.
Coinbase and Citi first announced last year that they would partner to enhance digital asset payment capabilities for institutional clients.
Citi has a number of blockchain offerings, including Citi Token Services, which enables real-time cross-border payments using tokenized deposits.
The firm since last year has also been working with other top banks — including Deutsche Bank, Goldman Sachs, and Bank of America — to explore issuing a stablecoin product.
This post Citi and Coinbase Working Together To Build Stablecoin Infrastructure for Businesses first appeared on Bitcoin Magazine and is written by Mathew Di Salvo.
Bitcoin Magazine

Strategy and Strive Scoop Up More Than 2,700 Bitcoin in a Week
Bitcoin treasuries are loading up again.
Strategy, the largest corporate holder of bitcoin, announced Monday that it had bought 1,665 coins last week for $142.7 million — its second buy in a row after a brief hiatus.
The Nasdaq-listed company added that it had also bought back $152 million in its preferred stock, STRC. Strategy now holds 847,666 bitcoins worth $70.5 billion, according to a filing with the Securities and Exchange Commission.
Elsewhere, the fifth biggest bitcoin treasury, Strive, said it had last week snapped up 1,107 BTC for a total cost of $94.5 million — bringing its holdings to 27,462 coins.
The two companies have continued to stack coins despite the bitcoin treasury model taking a hit. Major treasuries like Strategy, Satsuma, Smarter Web Company, Sequans, Nakamoto, and Empery Digital have all sold bitcoin this year to repay debt, fund operations or finance buybacks, while others have folded or pivoted to AI infrastructure as their share prices collapsed.
Strategy stock (MSTR) has lost over 50% of its value over the past year. Strive (ASST) is down by more than 30% over the same period.
Still, both Strategy and Strive have reassured investors that it’s just business as usual and bitcoin will bounce back.
Strive CEO Matt Cole has repeatedly said that the company is debt-free, with zero margin requirements, and zero encumbered bitcoin, calling it a balance sheet built to thrive through volatility.
Strategy has defended having to sell bitcoin this year, with CEO Phong Le boasting that the company now has a “bullet-proof balance sheet” because of the sales, and that it was the “right trade at the time” to sell when it did.
The software company last week announced it plans to pay investors daily dividends on four of its preferred stocks — STRF, STRC, STRK, and STRD.
Bitcoin’s price recently stood at close to $83,409, down 3% over the past week.
This post Strategy and Strive Scoop Up More Than 2,700 Bitcoin in a Week first appeared on Bitcoin Magazine and is written by Mathew Di Salvo.
Ethereum treasury company BitMine Immersion Technologies said on Sept. 28 that it held 6,001,302 ETH, leaving it 103,698 tokens short of its goal of owning 5% of Ethereum's supply, based on the company's latest supply estimate.
Buying that remainder at BitMine's Sept. 27 reference price would cost about $279.8 million. The company reported $672 million in cash and marketable securities on the same date.
The estimated purchase cost is roughly 42% of that reported pool. Completing the goal looks affordable on paper, though ETH's price and supply can change and BitMine has not earmarked the money for that purpose.
The closer the company gets to its target, the more consequential its next choice becomes: keep adding ETH, preserve liquidity, buy back shares, or build income from the tokens it already owns.

BitMine said it acquired 17,362 ETH in the latest week, about 37% fewer than the 27,562 ETH it reported for the week before. It says it has bought ETH every week since starting the strategy in June 2025.
In July, the company repurchased about 5.5 million BMNR shares at an average price of $15.6156, roughly $85.9 million in total, while buying 7,430 ETH that week. Chairman Tom Lee said the reduced ETH buying pace reflected the share repurchase.
That precedent shows management has weighed its stock against more ETH, though the July decision does not determine its next one.
A Sept. 24 DWF Labs study found that only four of the 20 largest digital asset treasury companies by assets under management in its sample traded above one times the value of their crypto holdings, a ratio called mNAV.
Issuing shares at a premium can finance token buying without the same dilution pressure. DWF expects management and capital structure to matter more as such premiums fade.
The finding shows why the market price of a treasury company's stock is key to any plan to keep acquiring crypto after a stated target is reached.
Although BitMine is not facing an apparent cash shortage at its reported reference price, the issue is whether its next use of capital does more for shareholders than another ETH purchase.
BitMine said it had 5,067,309 ETH staked as of Sept. 27, about 84% of its holdings. The company projects $358 million in annualized staking revenue at that balance and $424 million in annualized rewards if it fully stakes its ETH, using a 2.62% yield measured over seven days.
BitMine also says its MAVAN staking platform has expanded to serve institutions, custodians and partners. For now, the quantified alternative to the accumulation tally is the company's projected yield from staking its own reserve.
Lee had already signaled a gradual approach to the 5% threshold and more spending on staking, infrastructure and Ethereum-related investments in July. Crossing 5% would bring more attention to whether ETH per share, staking returns, cash retained, or BMNR repurchases will best explain the value of its next allocation.
Lee is scheduled to speak at Korea Blockchain Week on Sept. 30, and his keynote is titled “Ethereum's Wall Street Moment.”
That is when investors may get a clearer answer. For now, BitMine has shown it can afford to finish the 5% goal at its price assumptions, while its plan for the capital that follows remains less defined.
The post BitMine nears 5% Ethereum threshold, yet stock valuation rules dictate its next move appeared first on CryptoSlate.
Altcoin spot volume has climbed to nearly four times Bitcoin's, the highest ratio since September 2025, according to Glassnode.
Wintermute says retail clients on its OTC desk sold BTC last week to fund that rotation, while US spot Bitcoin ETFs took in nearly $2.4 billion over the same five sessions. Each day's ETF inflow came in below the previous day's, dropping from $999 million on Sept. 21 to $134.5 million on Sept. 25.
Wintermute's Sept. 28 OTC report described net BTC selling on its desk, driven mainly by retail clients taking profits and moving into altcoins.
Glassnode's data shows how wide the move outward has become, with 72.5% of the altcoins it tracks outperforming Bitcoin through Sept. 23, up from 39% during August's squeeze.
Altcoin perpetual open interest barely expanded over the prior 30 days, and fewer than half of tracked markets added positions, leading Glassnode to describe that stage of the rally as mostly spot-driven.
Glassnode added that similar bursts of aggressive risk-taking have often coincided with local Bitcoin tops, and it treats the ratio as a historical warning condition.
Wintermute noted that breadth has stretched to a level where the weeks that came next were flat to negative in more than 80% of comparable cases, with early-cycle periods as the exception. Wintermute wants Bitcoin to push higher to recycle fresh wealth into the alt cycle.
Bitcoin gains create that wealth, traders realize some of it and move outward, and the process can coexist with a higher BTC price as long as another buyer absorbs the coins being sold.
| Signal | Current reading | What it says |
|---|---|---|
| Altcoin/BTC spot volume | Nearly 4x | Trading activity has moved sharply toward altcoins |
| Alts outperforming BTC | 72.5% | Rotation is broad rather than isolated to a few tokens |
| August comparison | 39% | Breadth has almost doubled from August's squeeze |
| Altcoin perp positioning | Fewer than half added positions | Latest leg appears more spot-driven than leverage-driven |
| Historical breadth signal | >80% of comparable cases flat/negative afterward | Rotation is stretched, but not a deterministic top signal |
Farside Investors’ data shows US spot Bitcoin ETFs taking in $999 million on Sept. 21, $714.7 million on Sept. 22, $346.9 million on Sept. 23, $190.7 million on Sept. 24, and $134.5 million on Sept. 25.
The five sessions total roughly $2.4 billion, averaging about $477 million a day, and the Sept. 25 figure is 86.5% below the Sept. 21 figure. Glassnode measures its rolling weekly reading near $2.7 billion and calls it the largest inflow in almost a year.
Beneath those inflows, Glassnode's Sept. 28 report shows Bitcoin spot cumulative volume delta down 86.5% to just $17.3 million, perpetual futures delta at negative $261.5 million, and futures open interest holding at $38.9 billion.
The share of supply in profit rose to 74% from 69.3% a week earlier, and the realized profit-to-loss ratio jumped 79.6% to 1.4. Profit-takers and perpetual sellers were active in the market while ETF buyers took the other side.
Ethereum ETFs drew $602.8 million over the same five sessions, so Bitcoin products captured roughly 80% of combined BTC and ETH ETF inflows.
Regulated money is buying across crypto and concentrating at the top of the risk curve, while some retail clients move farther out.
| Date | BTC ETF net inflow | Change vs. prior session |
|---|---|---|
| Sept. 21 | $999.0M | — |
| Sept. 22 | $714.7M | -28.5% |
| Sept. 23 | $346.9M | -51.5% |
| Sept. 24 | $190.7M | -45.0% |
| Sept. 25 | $134.5M | -29.5% |
| 5-day total | $2.386B | |
| Daily average | $477M |
CryptoQuant contributor Darkfost found that the altcoin market excluding Bitcoin has added about $371 billion, or 45%, since June.
He also found that 87% of Binance-listed altcoins were trading above their 200-day averages, up from roughly 20% in August. Altcoin deposits to exchanges, which measure inventory positioned to trade or sell, have reached their highest level since October 2025.
Weekly averages sit above 22,700 deposit transactions on Binance, 8,300 on Coinbase and 32,000 across other venues. Those readings sit below early-stage levels from the previous bull cycle.
DefiLlama puts stablecoin market capitalization near $306.4 billion, up 0.89% over 30 days. The windows differ from the 45% altcoin repricing since June, and the pairing fits a repricing driven by rotation among existing holders, with fresh stablecoin liquidity playing a smaller part.
The Federal Reserve raised its policy rate range to 3.75% to 4.00% on Sept. 16. The 10-year Treasury yield touched roughly 5.23% on Sept. 25, its highest since 2007, and Brent crude moved above $107 on Sept. 28.
Wintermute names oil, rates and the chance of another Fed hike as the main external threats to the current regime. Altcoin speculation is accelerating while long-term yields sit at their highest since 2007, which leaves crypto leaning on outside demand for Bitcoin.
Wintermute identifies $82,500 as the level that capped Bitcoin's previous range. If Bitcoin holds the zone between $82,500 and its recent high near $87,000, and ETF flows stay positive even below last week's $477 million daily average, traders can keep moving BTC gains outward. The asset that funds the rotation stays intact.
A clean break above $87,000 would create a fresh pool of profits, and Wintermute says Bitcoin dominance may need to rise alongside another push higher. Glassnode places the next major resistance at $95,000 to $97,000.
If Bitcoin loses $82,500 while ETF inflows fade toward zero, the buyer replacing BTC sellers weakens just as speculative capital sits farthest out on the risk curve. Higher-beta altcoins with thinner liquidity would react most, and exchange deposits would show whether that inventory turns into selling.
| BTC regime | ETF signal | What happens to the rotation |
|---|---|---|
| Above $87K | Inflows remain strong/reaccelerate | BTC creates a new pool of profits; alts can receive another rotation later |
| $82.5K–$87K | Positive, even below ~$477M/day | Most supportive environment for continued BTC-to-alt profit recycling |
| Below $82.5K | Inflows fade toward zero | Replacement buyer weakens while capital is already farther out the risk curve |
| Below ~$77K | Especially dangerous if ETFs turn negative | Broader recovery structure comes into question; higher-beta alts become most exposed |
| $95K–$97K | Requires renewed demand | Glassnode's next major BTC resistance zone |
A break below Glassnode's $77,000 True Market Mean would put the whole recovery structure in question.
Volume, breadth, and desk flows have confirmed the rotation into altcoins. The funding chain behind it remains untested, and the next few ETF sessions will show whether fresh buyers keep replacing the Bitcoin being sold to pay for it.
The post Altcoin spot volume nears 4x Bitcoin’s as ETF inflows shrink across five sessions appeared first on CryptoSlate.
Bitcoin hit an intraday low of $82,563 on Sept. 28, just below a concentration of long-term holders' purchase prices that Glassnode identified last week.
Three US data releases now threaten to send different signals about the inflation and labor outlook that drives interest-rate expectations. On Sept. 30, the personal income and outlays report will measure August. The Oct. 1 ISM manufacturing survey covers September, followed by the Oct. 2 September employment report.
A reassuring consumer inflation reading could arrive a day before a less comfortable snapshot of factory input costs. They measure different things, but traders may have to revise their view of the Fed as each lands.
Glassnode's Sept. 23 analysis mapped a large cluster of long-term holder supply at $84,000 to $85,000. That area marks where many longer-term holders acquired coins, making Bitcoin's ability to reclaim it a measurable response to the week's news.
Glassnode also identified a deeper True Market Mean reference near $77,000 and an overhead mean MVRV reference near $96,700.
Glassnode's Sept. 21 Market Pulse showed net spot taker buying, rising volume and elevated futures leverage, alongside weekly ETF outflows. Fresh spot buying, stronger volume and ETF demand would lend a rebound more weight than futures covering alone.
The Energy Information Administration estimated Brent spot crude averaged $91 a barrel in August, $7 above July, as Middle East exports remained constrained.
The International Energy Agency found Gulf diesel and gasoil exports severely restricted in August and recorded a further jump in a physical crude benchmark by Sept. 9.
The Sept. 30 PCE report cannot measure the later September evolution of fuel, freight and factory costs. The International Maritime Organization recorded vessel damage in and near Hormuz on Sept. 21 and 23, evidence that shipping risk persisted after the PCE reference month.

If investors expect higher business costs to keep inflation elevated, Treasury yields and the expected Fed path could rise before a later consumer inflation report registers any pass-through. A soft August PCE print could ease that pressure initially without settling what happened next.
ISM's August report put the Prices Index at 71.1 and Supplier Deliveries at 59.3, consistent with slower deliveries. Diesel fuel and freight appeared on its list of commodities rising in price, while respondents separately discussed energy and the Hormuz conflict.
A higher September Prices reading alongside slower deliveries or cost comments would signal fresh pressure on manufacturers. New orders and employment will help show whether demand is holding up as costs rise.
The Sept. 29 August JOLTS release provides an early labor check, while the Oct. 2 September payrolls will more directly test the growth side of the policy question.
The Fed raised its target range to 3.75% to 4% on Sept. 16, saying inflation remained elevated while job gains had kept pace with the workforce. Moderate job cooling could ease rate pressure, while a much sharper miss could instead raise worries about growth.
The most revealing path this week would be soft August PCE followed by a higher September ISM Prices reading. An initial Bitcoin relief move could reverse if yields and rate expectations turn back up.
Three other outcomes would test the same framework:
The test for Bitcoin is whether each new reading changes yields and Fed expectations, and whether spot buyers support the resulting move through Glassnode's dated holder-cost area.
The post Bitcoin’s $85,000 test comes as Wall Street gets two different inflation stories appeared first on CryptoSlate.
Chainlink's CCIP 2.0 lets a token issuer require an additional verifier before tokens finish moving from one blockchain to another. A sending pool may already have locked or burned the tokens when that check becomes decisive: without the verifier's attestation, the receiving chain cannot release or mint them.
Announced on Sept. 28, the feature adds optional Cross-Chain Verifiers (CCVs) alongside CCIP's default Committee Verifier. An issuer or third party can operate one and make its approval a condition of delivery.
That gives the operator's rules and uptime a direct role in a holder's exit path. Chainlink's launch material does not identify a named production asset and lane using an issuer-run required CCV, so the mechanism is not evidence of a holder's transfer being blocked.
CCIP's OnRamp assembles the applicable verifier requirements of a token transfer, and the token pool locks or burns the tokens. The OnRamp then records the message for offchain verifier services.
Those services watch the source event, apply their finality and verification rules, and publish attestations tied to the message ID.
On the destination chain, CCIP's OffRamp checks the required attestations before the pool releases or mints tokens. Its checks draw on the lane and token-pool settings and, when a receiver contract is involved, that receiver's requirements.
Sender preferences can add to the source-side verifier set. A token-only transfer has no receiver callback whose verifier preferences must be checked. This sequence places the lock or burn before verification and the destination release after it.

A source transaction may have succeeded while destination delivery remains pending, so Chainlink says all required CCVs must return valid results before execution proceeds. Its trust model warns that an unresponsive verifier can stall every message requiring its attestation.
If an issuer runs such a verifier and makes it required for its token pool, the issuer's service becomes one of the parties able to delay completion. A third-party operator would create a similar dependency under that operator's control.
That is a control the design permits, not evidence that an issuer has deliberately blocked a holder's transfer.
Chainlink says the default Committee Verifier comprises 16 independent node operators, with additional CCVs sitting alongside that baseline.
An issuer or application choosing one gains another check but must also assess who operates its contracts and offchain service, what rules that service applies, and whether it stays available.
Chainlink assigns external CCV operators responsibility for implementation, maintenance, and uptime. The key question for a holder is which attestations are mandatory for this token on this route, and who can produce each one.
Execution on the destination chain is permissionless once every required proof exists and any optional verifier quorum has been met.
Chainlink's default executor normally submits the transaction, but anyone can submit it, including through the manual execution path. Changing the executor or paying destination-chain gas does not waive a missing required CCV attestation. The OffRamp still checks the proofs before releasing or minting tokens.
The recovery path depends on where a message stopped. If the required attestation has not been assembled, the destination message can remain UNTOUCHED, meaning no execution has been recorded. If a submitted destination attempt fails inside the OffRamp's protected path, it can be marked FAILURE.
Chainlink says a failed attempt can be retried after the underlying problem is fixed. Its default executor retries failures within a configured window currently set at eight hours, and that limit describes the automated service.
A holder has a usable manual route only after the necessary proofs are available and any destination-side failure is fixed. The manual execution guide describes how to inspect verifier status and execution state, including cases where the indexer has not collected an external verifier's result.
Chainlink's published manual execution route does not specify a general automatic cancellation, refund, or return of source-chain tokens when a required verifier never attests. Any issuer-specific remedy would depend on that asset's arrangements.
On EVM chains, a configured Chainlink Automated Compliance Engine hook can reject an outbound transfer before the source pool locks or burns anything. That preflight failure reverts the source transaction.
A separately configured destination postflight hook can reject release or mint after the source-side transfer has started, leaving the tokens undelivered until the policy condition is resolved and execution is retried. The ACE integration guide describes these as distinct, optional configurations.
Chainlink's mainnet directory lists supported networks and tokens, but a listing does not show whether a given production lane requires an issuer-operated verifier or has enabled a destination ACE gate. Nor does a partner announcement or an earlier asset migration establish those settings.
Without the token pool, route, and verifier configuration, this new power cannot be attributed to the issuer of a named asset.
The release separately offers faster-than-finality transfers. Full source-chain finality remains the default, while the faster option can expose a transfer to duplicate destination execution after a deep enough reorganization, according to Chainlink's FTF guide.
Other required CCVs may apply their own reorganization rules, but that speed choice does not change the need for required attestations.
CCIP 2.0 gives issuers a stronger way to set cross-chain delivery conditions. For holders, the essential questions are which checks apply to their asset, who controls them, and what remedy exists if one cannot be completed after the transfer starts.
The post Chainlink CCIP 2.0 exposes bridge risk, and issuer gates trigger stalls appeared first on CryptoSlate.
Citi institutional clients can now accept stablecoin payments through Spring by Citi using Coinbase's payments infrastructure, Coinbase said on Sept. 28.
The exchange also said its Virtual Accounts can automatically convert incoming fiat into stablecoins using Citi's Virtual Account Wallet. The announcement gives the companies' earlier digital asset payments partnership two defined uses, one for receiving stablecoins and the other for moving money received in a conventional currency into them.
For Citi's institutional clients, the relevant service is Spring by Citi, as Coinbase supplies the infrastructure that enables stablecoin acceptance through it. A business using that route would begin with a stablecoin payment.
Coinbase describes the capability as available now, but its announcement does not identify a client that has processed a payment through Spring or disclose how much has been transacted.
Coinbase Virtual Accounts address the other side of the exchange between traditional money and stablecoins. Citi's Virtual Account Wallet powers the accounts, which Coinbase says give customers fiat wallets that automatically convert incoming fiat.
The described flow starts with a traditional currency payment and ends with stablecoins in the customer's account. The company has not specified the eligible currencies or stablecoins in the public summary, so the precise conversion choices remain unclear.
The two routes serve different customers and begin with different forms of money. Citi's institutional payment clients gain a stablecoin acceptance option, while Coinbase Virtual Account customers gain an automated route from fiat receipts into stablecoins.
Coinbase has not outlined market-specific eligibility or prices for either Citi-linked path in its blog summary. The functions may be complementary, but the announcement does not establish that a single customer can use both.

The partnership predates these named services. In October 2025, Citi said it and Coinbase intended to develop institutional digital asset payment capabilities, initially focused on fiat pay-ins and pay-outs for Coinbase's on- and off-ramps and payment orchestration.
Citi said specific initiatives would follow, and the Sept. 28 description sets out two of those initiatives as customer-facing payment paths.
The stated availability leaves open whether institutions are using either path and at what scale. Coinbase's summary gives no customer count, payment volume, or named live merchant for the Citi integration.
Those missing operating details limit any assessment of the partnership's reach, even as the companies have moved from an exploratory plan to specified payment capabilities.
The post Coinbase powers Citi’s new stablecoin rails, and corporate banking faces a major shift appeared first on CryptoSlate.
Tether has put a number on its cooperation with US sanctions enforcement, and the timing is no accident. The stablecoin issuer said on Monday that it has helped freeze nearly $550 million in USDT tied to Iran's central bank and Iranian sanctions networks so far in 2026. The announcement came one day after a Senate report accused USDT of being the backbone of Iran's shadow banking system.
Tether detailed two big actions. In April, it helped US authorities freeze more than $344 million in $USDT sitting in two addresses. The following day, OFAC added those same addresses to its sanctions entry for the Central Bank of Iran, which is itself linked to the IRGC-Qods Force and Hezbollah. In July, the Treasury expanded that designation to four more TRON addresses, and Tether froze more than $130 million across those wallets.
Those two rounds account for more than $474 million. The remaining roughly $75 million came from smaller actions between January and September that Tether did not itemize.
The company also pointed to its longer track record. Working with Israel's National Bureau for Counter Terror Financing, Tether has frozen more than 22 million USDT across over 40 referred cases involving more than 640 addresses. Globally, Tether says its cooperation with law enforcement has led to more than $4.9 billion in frozen assets, including over $2.4 billion connected to US authorities, and that it works with around 340 agencies in 67 countries.
The freeze tally landed as a defence. On Sunday, Democratic investigators on the Senate Permanent Subcommittee on Investigations, led by Senator Richard Blumenthal, released a report alleging that Tether and USDT have become central to Iran's shadow banking system. Among their findings: 84% of 846 crypto wallets sanctioned over ties to Iran had transacted exclusively or almost exclusively in USDT.
Blumenthal referred the findings to Treasury Secretary Scott Bessent and Attorney General Todd Blanche, citing potential violations of US sanctions and the Bank Secrecy Act, and called for a federal probe into Tether's compliance.
CEO Paolo Ardoino pushed back, saying Tether has consistently shown that USDT is not a safe harbour for sanctioned actors, terrorist organisations or criminal networks, and that the DOJ, FBI, Secret Service, HSI and OFAC have repeatedly worked with the company to trace, freeze and recover assets.
Tether is one front in a much broader campaign. On August 24, the Treasury launched Operation Economic Outcast, targeting almost 60 Iran-linked entities and naming digital assets as one of five sectors vulnerable to sanctions evasion. Federal prosecutors have filed a civil forfeiture case to seize about $61 million in USDT allegedly derived from Iranian black market oil sales, and Manhattan prosecutors are reportedly examining Binance's handling of Iran-linked trading.
California has become the first US state to make it illegal for its own politicians to do what Donald Trump did with the $TRUMP token. Governor Gavin Newsom signed Assembly Bill 2409 on September 27, and his office did not hide who the law is aimed at.
The law, authored by Assemblymember Avelino Valencia, prohibits California public officers and public employees from issuing meme coins. It defines a meme coin as a digital asset marketed on the basis of its association with an internet meme, a character, a current event or a trend, and whose value comes mainly from public interest, speculation or community engagement rather than from a working product.
The ban covers state and local elected or appointed officers as well as public employees with decision-making power over bids and contracts. Enforcement is civil, not criminal.
Importantly, this is not a blanket meme coin ban. Retail traders in California can keep buying Dogecoin, Pepe or whatever launches on pump.fun next week. The restriction is on people in public office issuing tokens off the back of their position.
The second part of the law targets platforms. From January 1, 2027, digital asset service providers may not list or sell to California residents any new meme coin issued by, or in partnership with, a public official covered by the statute. That listing rule extends to federal officials, not just Californian ones.
Tokens that already exist fall outside the rule, so the TRUMP coin itself is not affected. But any future politician-linked token launched after the cutoff would be off limits for California customers, and exchanges will need a process to establish whether a new coin has that kind of connection before listing it.
The political message was explicit. Newsom's press office linked the bill directly to the president's meme coin business and accused the administration of an unprecedented level of corruption. Trump's most recent financial disclosure showed more than $1.2 billion in crypto-related income, including roughly $635 million tied to the TRUMP token. A New York Times analysis cited by the governor's office found that nearly a million buyers lost a combined $3.8 billion on the coin.
AB 2409 was one of 11 bills Newsom signed the same day under the banner of corruption and consumer protection. Among them was SB 1208, which expands California's money-laundering laws to cover digital asset transactions. Earlier this year, Newsom also barred his own appointees from trading on prediction markets using non-public information, and California officials already have to disclose their crypto holdings.
That is the question the industry is watching. Senator Kirsten Gillibrand has pushed a similar federal ban on officials launching meme coins, and the ethics language around officials' crypto holdings was the very issue that sank the CLARITY Act in the Senate two weeks ago. California has now written a template that other Democratic-led states can copy. For meme coin traders, the practical impact today is close to zero. For politicians thinking about their own token, the era of easy launches just got shorter. Keep an eye on the meme coin sector on CryptoTicker's crypto prices page.
Two weeks after the US Senate voted down the crypto industry's most important bill, the conversation in Washington has quietly shifted from "will it pass" to "what does version two look like". Here is what actually happened, and what comes next.
On September 15, the Senate rejected the cloture motion to proceed to H.R. 3633, the Digital Asset Market Clarity Act, by 49 votes to 50. The bill needed 60. It did not even win a simple majority.
The core of the bill was never the problem. Both parties broadly agreed on splitting oversight of digital assets between the SEC and the CFTC, with the CFTC taking the lead on spot markets for digital commodities. What sank the vote was the ethics language governing crypto holdings of public officials, a fight that became impossible to separate from President Trump's own crypto business, which reportedly earned him more than $1.2 billion last year. Senate Democrats wanted stricter rules, Republicans rejected their counteroffer hours before the vote, and a last-minute rewrite with 126 substantive changes was not enough to close the gap.
Markets took the hit immediately. Bitcoin briefly dropped below $75,000 on the day of the vote, Coinbase shares fell around 8% and Circle lost around 10%.
Technically, no. The vote left the bill exactly where it was before: passed by the House, stalled in the Senate. Senator Thom Tillis filed a motion to reconsider, which keeps a procedural door open. One day before the vote, Senator Cynthia Lummis published updated substitute text on her website, stitched together from the work of the Senate Banking and Agriculture committees rather than the House version. That draft is now the starting point for what many are calling CLARITY Act 2.0.
The calendar is the real enemy. The Senate's next work period runs from October 5 to November 6, straight into the midterm campaign, and fewer than 36 legislative days remain before a new Congress is sworn in in January 2027. If Democrats win either chamber in November, the bill's chances shrink further. Prediction markets currently put the odds of CLARITY becoming law in 2026 in the high teens.
Regulators are not waiting for Congress. Within 48 hours of the failed vote, both the SEC and the CFTC signalled they would keep moving on crypto rules under their existing authority. That means the market now runs on two parallel tracks: agency guidance that can change compliance obligations without a single vote, and a statutory rewrite that only Congress can finish.
The catch is durability. An agency rule can be rewritten by the next chair without going near the Senate floor. A law cannot. That is exactly why the industry wanted CLARITY in the first place: rules that outlast the current administration.
Stablecoins already have their federal framework through the GENIUS Act, which passed with broad bipartisan support in 2025. Everything else, from exchange registration to DeFi treatment to whether platforms may pass reserve income on to users, remains governed by agency interpretation.
For traders, the practical effect is that regulatory clarity is no longer a near-term catalyst. For the industry, the fight now moves to two places: the committee staff drafting the Lummis text, and the November ballot box. You can track how the market is digesting all of this on CryptoTicker's crypto prices page.
Crypto trading on bitcoin.de has been idle since the end of June 2026, and the half-year report of Bitcoin Group SE dated September 29, 2026 gives a single reason for it: authorisation under the European crypto regulation MiCAR is not yet in place, and the company leaves open when it will come. Anyone holding an account on the marketplace is now waiting a fourth consecutive quarter for a trading venue whose technology, according to the company, has long been finished.
Chief executive Moritz Eckert puts it this way in the statement: „With the redevelopment of bitcoin.de we have created the essential conditions that lie within our own sphere of influence.“ The rest lies with the supervisor. For you as an investor that is an uncomfortable position, because it has no end date.
Bitcoin Group SE is the listed parent company behind the trading venue bitcoin.de. Trading itself is handled by its subsidiary futurum bank AG, a credit institution licensed under the German Banking Act. That split matters for understanding the news: the permission currently missing is not the banking licence but the separate authorisation as a provider of crypto-asset services.
These company figures come from the report for the first half of 2026, published on September 29, 2026 through the EQS news service:
The roughly 58 percent drop in revenue has an obvious cause: a marketplace on which no trading has been possible since the end of June earns no trading fees in that period. For the 2026 financial year as a whole, the management board says it expects declining revenue and a negative EBITDA once again.
The decisive sentence of the statement is short: „As this is taking longer than originally expected, crypto trading on bitcoin.de has been temporarily unavailable since the end of June 2026.“ What is meant is the licensing procedure. According to the company, futurum bank AG is in close contact with the competent supervisory authorities and attaches the highest priority to completing it successfully.
This is no sudden turn. The standstill has accompanied the marketplace through the whole third quarter, and we set out the position back in August, when the trading halt at bitcoin.de first hit customers. What is new in the September 29 statement is the combination of two claims: the platform is technically finished, and the timing of the licence remains hard to foresee all the same.
MiCAR is the European Union regulation on markets in crypto-assets. Under that regulation, companies offering crypto-asset services need an authorisation of their own. That covers operating a trading platform as much as exchanging crypto-assets for euros, custody for clients and the execution of orders.
Germany drew the transition period tighter than the EU allowed. Since January 1, 2026, providers in the country may no longer supply crypto-asset services without MiCAR authorisation, whereas the European long-stop date would have run to July 1, 2026. The competent authority is BaFin, together with the Deutsche Bundesbank. The duties this brings for providers are set out in our overview of MiCA licensing obligations for crypto companies.
For existing institutions with a banking licence there is a simplified procedure. That does not change the fact that the authority decides in the end, and that a company cannot set the timing of that decision itself. Exactly that point sits behind the chief executive's sentence about his own sphere of influence.
Two items from the report belong read together. On one side stand net own crypto holdings of €199 million, after €356 million at the end of the first half of 2025. On the other stand liquid funds of €3.9 million and an equity ratio of 71.8 percent.
Own holdings are thus by far the largest item and fluctuate with the market price. Part of the decline is explained by the price path of the past year, and anyone wanting to follow how the reference value has developed will find the path on our Bitcoin price prediction page. The company itself cites the increased investment needs at futurum bank AG and the delayed restart as burdens on the result.

The second half of the announcement describes not a setback but a rebuild. bitcoin.de had been a peer-to-peer marketplace since 2011: buyers and sellers found each other through offers, the platform brokered the match and settled it through the bank. The new model is a broker. You then trade against the platform, or rather its liquidity sources, not against another private individual.
For the new offering the company names more than 100 cryptocurrencies, savings plans, crypto swaps, dynamic staking and a modern settlement infrastructure. Added to that are a new website and a new trading app. A crypto swap is the direct exchange of one cryptocurrency for another, without the detour through euros.
For you, the change of model means above all this: price formation changes. On a marketplace you see other people's offers and their prices; with a broker you get a quoted price with a mark-up. Which of the two forms is cheaper for you depends on order size and trading frequency, and that can only be judged properly once the fee schedule for the new offering is published. So far that schedule has not been published.
Trading is idle, but that is not the same as a frozen account. Bitcoin Group SE speaks throughout of trading being temporarily unavailable, and names the completion of the authorisation procedure as the sole condition for resuming. The half-year statement says nothing about deposits and withdrawals.
Because the statement is silent on that, the sober route applies to you: get the current position on your account directly from the provider, by logging in and through support, and do not rely on a summary such as this one. What stands in a quarterly statement is the position on the reporting date, and your account may be in a different position.
If you decide to move your balance, three questions are practically relevant. First, whether a payout in euros to your reference account is possible. Second, whether a transfer of your crypto-assets to an external address works and what it costs. Third, what tax consequences each step carries.
One worry can be defused. The one-year holding period of Section 23 of the German Income Tax Act keeps running while your holdings sit in the account. A trading halt does not interrupt it, because it hangs on the date of acquisition and the date of disposal, not on whether the trading venue happens to be open. Anyone who bought their coins over a year ago does not lose that status by waiting.
A transfer looks different. Moving your coins from an exchange to your own wallet is not in itself a taxable event, because you are neither disposing of anything nor swapping anything. What it does make more laborious is the documentation, because you still have to be able to evidence the acquisition date and acquisition cost, and the old provider's overview may no longer be conveniently available to you later. So download your transaction overview while you can still get it.
A swap, by contrast, is a disposal of one crypto-asset and an acquisition of another. For the newly acquired position the one-year period starts again. Anyone who overlooks that when reallocating pushes their holdings back into taxable territory without meaning to. Suitable tools for the documentation are in our comparison of crypto tax tools and portfolio trackers.

If you want to trade elsewhere in the meantime, authorisation is the first feature that counts. BaFin maintains public registers, and ESMA maintains an EU-wide directory of authorised providers of crypto-asset services. A provider listed there with its authorised legal entity may supply the service in the EU and, via the European passport, may offer it in Germany too.
Three things deserve a second look. The name in the register is the legal company, not the brand you know the app by; the two can diverge. The authorisation is also limited to particular services, and custody is a different permission from operating a trading platform. And a seat outside the EU means the regulation's investor protection rules do not apply for you. A pre-selection of European regulated providers is in our overview of the best regulated crypto exchanges.
The bitcoin.de case illustrates a dependency many investors do not feel day to day. Coins in a trading account are a claim against the operator, and whether you can dispose of them depends on that operator being allowed to work. A regulatory question over which neither you nor the company has any influence thereby becomes your problem.
Self-custody means you hold the private keys yourself, usually on a hardware wallet. You then need nobody's permission for a transfer. The price for it is responsibility for the recovery words, because losing those words is final, and there is no support desk that will restore your access. Anyone considering that step will find the common devices in our hardware wallet comparison.
For active savings-plan investors, self-custody is inconvenient, because every execution entails a transfer. A workable middle way is to leave the running savings amount in the trading account and withdraw the long-term holdings at regular intervals.
There is no fixed date, and that is the central message of the statement. The company expressly makes the resumption of trading dependent on the completion of the licensing procedure and describes its timing as hard to foresee. Anyone waiting for a launch date is therefore waiting on a decision by the supervisor, not on an announcement by the company.
That can be watched in two places. Bitcoin Group SE is listed and has to publish price-sensitive facts as an ad hoc disclosure; a granted authorisation would be such a case. And the supervisor's public registers list authorised providers with their legal entity, in this case therefore futurum bank AG.
The situation is uncomfortable but manageable. On its own account the company has done its part and is waiting on an authority, and you are waiting with it. What you can steer in that time is where your holdings sit and how good your records are.
You can read the full wording of the company statement of September 29, 2026 in the EQS publication of the 2026 half-year report.
(As of September 29, 2026. This article is not investment advice. Prices and fee structures change; check the terms with the provider before you buy.)
$Bitcoin started the week on the back foot. After a calm weekend near $84,400, the price dropped to around $83,000 on Monday, down roughly 1.8% in 24 hours. The trigger did not come from crypto at all. It came from Washington.

President Donald Trump confirmed he has rejected a seven-day proposal from Iran that would have reopened the Strait of Hormuz and paused hostilities. Tehran had offered the plan in exchange for sanctions relief, the release of frozen assets and a broader regional truce. Trump described the offer as something the US might have accepted a year ago, and the Wall Street Journal reported he expects to resume strikes on Iran after the November 3 midterms. The US naval blockade stays in place.
Markets reacted immediately. Brent crude climbed back above $100 a barrel, the dollar strengthened, and the 10-year US Treasury yield hit 5.20%, its highest level since 2007. That combination of higher oil, a stronger dollar and rising yields is about the worst backdrop for non-yielding assets like Bitcoin and gold.
Monday's candle tells the story. Bitcoin opened the week at $84,455, pushed to $84,972 in an attempt to break $85,000, then fell to a low of $82,580 before settling near $83,000. According to CoinGlass, liquidations reached $478 million over 24 hours, with $386.5 million coming from long positions. Leveraged bulls were the ones getting squeezed.
Open interest in Bitcoin futures has fallen more than 11% over the past week, a sign that traders are pulling back from leverage. The total crypto market cap slipped below $3 trillion. Ethereum and XRP moved lower alongside Bitcoin, while Dogecoin managed a small gain against the trend.
The immediate support zone sits between $82,000 and $83,000. A daily close below $82,000 would open the door toward $80,000 and, in a deeper pullback, the $77,900 area, which coincides with the 61.8% Fibonacci retracement of the summer rally. Analysts including Michaël van de Poppe see $84,800 to $85,800 as the resistance band Bitcoin needs to reclaim before a move toward $90,000 becomes realistic.
Chartered Market Technician Aksel Kibar warned that the weekly candle around $84,000 to $85,000 does not look like a decisive breakout, and that hesitant price action here could send Bitcoin back inside the $60,000 to $80,000 range it traded in for much of 2026.
Not necessarily. Bitcoin still finished the third quarter with a gain of around 42%, outperforming most major assets. Spot Bitcoin ETFs remain net positive, extending an inflow streak that began in mid-September and keeping institutional demand alive even as price action cools.
The bigger point is structural: at Bitcoin's current size, even a clean resolution in Iran or a soft inflation print is more likely to produce a single-digit percentage move than a vertical rally. For now, geopolitics is setting the tone, and the $82,000 support is the line traders are watching. You can follow the live Bitcoin price and the latest liquidation data on CryptoTicker.
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A UC San Diego-led team impersonated a hardware security module without extracting its key.
Coinbase and Citi expanded an existing deal so Citi's institutional clients can accept stablecoin payments, while Coinbase business accounts run on Citi's banking rails.
Ex-SEC chair Gensler’s 2020 AI vision gets fresh attention from Ripple CTO emeritus.
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Near Protocol has slipped about 15% from its $5.58 local high to $4.78 after a 200%+ August surge, and a bearish reversal candle suggests the pullback may not be over.
An early Ethereum whale nets 15,600% profit, selling coins bought at $18.80 as ETH locks in its best Q3 rally on record.
Apple has patched a critical iPhone vulnerability that may already have been exploited in sophisticated attacks.
Shares of Summit Therapeutics (SMMT) experienced a substantial 15% climb in Monday’s extended trading session. The rally followed AstraZeneca’s (AZN) disclosure of a $2 billion capital injection into the oncology-focused biotech firm.
Summit Therapeutics Inc., SMMT
During Monday’s standard trading hours, shares finished at $15.48, reflecting a modest decline of nearly 1%. Prior to the announcement, the stock had shed roughly 10% throughout the preceding week.
AstraZeneca’s acquisition involves convertible preferred shares priced at $18.36 per common share equivalent of Summit. This pricing structure represents a 10% markup over Summit’s volume-weighted average share price calculated across the previous five trading sessions.
Transaction completion is anticipated before week’s end. The strategic investment provides AstraZeneca with significant exposure to an innovative cancer therapy while avoiding a complete acquisition of Summit.
The pharmaceutical giants will jointly pursue clinical trials that merge Summit’s lead candidate ivonescimab with AstraZeneca’s investigational therapy sonesitatug vedotin. Gastrointestinal malignancies will serve as the primary therapeutic target initially.
Trial expenses will be divided equally between the partners. Crucially, each company retains exclusive commercial rights to market its respective therapeutic compound.
Ivonescimab originated from Chinese biotechnology company Akeso’s research programs. Summit secured licensing rights through an agreement potentially valued at $5 billion, granting market authorization for the United States and European territories.
Chinese regulatory authorities have already granted approval for the medication. Market observers are keenly monitoring its performance trajectory in international markets.
Regulatory officials at the FDA face a November 14 deadline to render judgment on ivonescimab approval, administered alongside chemotherapy, for treating specific lung cancer variants. This regulatory determination could significantly impact share valuation.
Summit’s ongoing Phase 3 HARMONi-3 clinical investigation continues advancing. This pivotal trial evaluates ivonescimab combined with chemotherapy as first-line therapy for non-small cell lung cancer patients.
Definitive progression-free survival metrics and preliminary overall survival figures from the squamous cell cohort are projected before year-end. Market participants are eagerly anticipating these clinical readouts.
Goldman Sachs reaffirmed its Buy stance on Summit shares Tuesday, maintaining its $41 price objective.
Goldman analyst Satoru Ogawa highlighted that this non-exclusive arrangement provides Summit entry into AstraZeneca’s antibody drug conjugate portfolio. This collaboration may facilitate identification of optimal therapeutic combinations tailored to specific cancer types.
Summit maintains existing partnerships with Revolution Medicines, GSK, and Arcus Biosciences. These collaborations encompass additional investigational oncology compounds within its development pipeline.
AstraZeneca’s American depositary receipts advanced roughly 1% in after-hours activity following the partnership disclosure. The capital infusion substantially bolsters Summit’s financial position, which reported $690.7 million in cash holdings at the conclusion of the most recent quarter.
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Shares of SpaceX (SPCX) finished Monday’s trading at $145.47, registering a 3% decline. The drop occurred immediately following the company’s successful first orbital insertion with its Starship launch vehicle.
Space Exploration Technologies Corp., SPCX
This fourteenth test mission represented a pivotal achievement for the reusable launch system. The flight successfully delivered 26 advanced Version 3 Starlink satellites to their designated orbit.
Previous Starship attempts failed to attain the velocity required for orbital insertion. During this flight, the spacecraft maintained altitude sufficiently to complete satellite deployment operations.
A single engine on the spacecraft’s upper section malfunctioned during the ascent phase. Engineers continued the mission trajectory despite the anomaly, although mission duration was reduced from original projections.
SpaceX shares climbed to an intraday peak of $150.80 immediately following launch initiation. The gains evaporated by mid-morning as the stock reversed course and traded lower through the closing bell.
Financial markets had already incorporated expectations of a successful test outcome into current valuations. The abbreviated mission timeline provided justification for some market participants to realize gains.
Both the S&P 500 and Dow Jones Industrial Average declined approximately 1% during the same trading session. SpaceX shares demonstrated weaker performance relative to both major indices.
SpaceX continues to dominate global commercial launch operations. The organization conducted 165 Falcon 9 missions throughout 2025 and anticipates maintaining comparable launch frequency this year.
Chief Executive Elon Musk indicated via social media that achieving hourly Starship launch frequency remains two to three years in the future. Such operational tempo would provide SpaceX with substantial cost advantages compared to terrestrial data center infrastructure.
TD Cowen launched analyst coverage of SpaceX shares Monday, assigning a buy recommendation alongside a $200 valuation target. The investment bank emphasized SpaceX’s ground-based artificial intelligence computing rental operations as the company’s most rapidly expanding revenue category.
Technology companies including Google and Anthropic currently utilize this leasing platform. TD Cowen projects AI computing rentals will constitute the majority of SpaceX’s total revenues by the opening quarter of 2027.
SpaceX generated $23 billion in total revenue during the trailing twelve-month period. Wall Street analysts project 144% revenue expansion for fiscal year 2026.
TD Cowen’s bullish stance aligns with other research firms. CLSA similarly initiated coverage Monday with a buy rating and $250 price objective.
Additional investment banks have expressed comparable enthusiasm in recent weeks. Bernstein SocGen forecasts Starlink’s internet connectivity division will generate approximately $64 billion annually by 2031.
Mizuho maintained its outperform recommendation as well, emphasizing SpaceX’s competitive pricing advantages. William Blair and Clear Street similarly sustained positive outlooks following the Starship orbital test.
SpaceX shares command among the strongest analyst support on Wall Street. Roughly 76% of covering analysts assign buy-equivalent ratings, substantially higher than the 55% to 60% range typical for S&P 500 constituents.
The consensus analyst price target for SpaceX stock stands at approximately $224. This represents significant upside potential from Monday’s closing price.
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Shares of Jefferies (JEF) tumbled by as much as 4% during after-hours trading on Monday, despite the investment banking firm delivering third-quarter results that exceeded analyst expectations. The post-market selloff occurred even as the company achieved record-breaking performance in multiple business segments.
Jefferies Financial Group Inc., JEF
The Manhattan-based financial institution disclosed net earnings of $261 million for the period, representing a 16% improvement compared to the same quarter last year. Earnings per share registered at $1.08, comfortably exceeding the $1.00 consensus forecast from Wall Street analysts.
Overall revenue for the quarter totaled $2.2 billion, aligning precisely with analyst expectations. However, market participants appeared more concerned with the composition of revenue and performance disparities across different business lines.
The investment banking segment emerged as the clear winner. This division posted all-time high revenue of $1.3 billion, representing a 17% year-over-year improvement.
Both advisory services and equity underwriting activities fueled this expansion. The firm attributed the robust performance to favorable market conditions and ongoing success in capturing additional market share.
Jefferies‘ capital markets operations also delivered impressive results. Equities trading revenue surged approximately 33% to reach a record $626 million.
The entire capital markets segment, encompassing various trading operations, expanded 11% to $802 million. Global trading activity has been accelerating throughout the current year.
The fixed income business presented a contrasting picture. Revenue in this area decreased 26% compared to the prior year, which the company explained was due to reduced market activity levels.
Asset management revenue and investment income plummeted 60% to just $34 million, down from $84 million in the comparable period. The firm cited underperformance across multiple investment fund strategies.
Among these struggling areas was Point Bonita, which held positions in First Brands, the automotive parts supplier currently in bankruptcy proceedings. This investment negatively impacted the division’s quarterly performance.
Chief Executive Officer Richard Handler and President Brian Friedman commented on the quarterly performance through a prepared statement. They expressed continued confidence in the asset management business’s long-term prospects as the company works through a strategic repositioning of this platform.
Handler and Friedman maintain their practice of not conducting live analyst conference calls following earnings announcements. The executives instead provide detailed written commentary accompanying the quarterly financial releases.
Monday’s earnings beat notwithstanding, JEF shares have experienced a challenging year. The stock has declined approximately 24% to 25% year-to-date in 2026, contrasting sharply with the S&P 500’s roughly 12% gain during the identical timeframe.
Market observers frequently view Jefferies’ quarterly performance as a bellwether for the broader investment banking sector, as its results typically precede those of larger financial institutions. This early reporting position makes the firm’s numbers particularly significant for industry watchers.
Handler and Friedman conveyed optimism regarding the remainder of 2026 and the outlook for 2027. They cited the firm’s pipeline of pending transactions and emerging business opportunities as the foundation for their positive perspective.
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Nokia (NOK) rose 0.79% to $10.18 in pre-market trading after closing 2.60% lower at $10.12. The move followed a major network intelligence deployment with Saudi Arabia’s Zain KSA. The project expands advanced network monitoring across more than 100 cities throughout the Kingdom.
Nokia Oyj, NOK
Zain KSA has deployed Deepfield Cloud Intelligence across its national network to improve service monitoring and performance. The technology provides real-time visibility into network traffic, cloud services, applications, and changing internet activity. Consequently, engineering teams can identify network problems faster and reduce service disruptions affecting customers.
Saudi Arabia continues recording rising data demand from streaming, cloud services, gaming, and expanding digital applications. Therefore, telecom operators require stronger monitoring systems to manage growing traffic while maintaining stable network performance. The system combines internet intelligence with network telemetry to provide clearer information about traffic behavior.
The deployment also supports Zain KSA’s broader effort to build a more automated and software-driven network. Meanwhile, the project expands the technology provider’s network intelligence footprint across the Middle East. The agreement also strengthens its position in Saudi Arabia’s growing telecommunications and digital infrastructure sector.
Deepfield allows Zain KSA to monitor major cloud and online services throughout its network. The system identifies congestion, latency, and unusual traffic patterns before those problems create broader service disruptions. As a result, Zain KSA can maintain stronger performance across streaming, gaming, cloud platforms, and other digital services.
Deepfield Cloud Genome provides detailed information about internet applications, networks, and online services moving through telecom infrastructure. The system organizes services across more than 30 categories and applies over 100 machine-learning rules. This structure helps network teams understand traffic sources and how individual applications affect network performance.
The platform also converts large amounts of network data into structured information for operational and analytical use. Zain KSA can use that information to guide network optimization and future infrastructure investments. The deployment may also support new services requiring faster response times and dependable network connections.
Saudi Arabia continues expanding telecommunications infrastructure under its wider Vision 2030 digital transformation strategy. The national program supports cloud adoption, digital services, advanced connectivity, technology development, and broader economic diversification. Zain KSA has positioned network modernization as an important part of supporting these growing digital requirements.
The deployment also expands the role of advanced software and traffic analytics within large telecommunications networks. Deepfield focuses on network intelligence, traffic analysis, service assurance, and operational visibility. These functions help operators respond faster as data consumption and application complexity increase.
Zain KSA now gains wider visibility across services operating throughout more than 100 Saudi cities. The expanded monitoring capability supports network reliability while helping teams manage growing digital traffic. The project also aligns with Saudi Arabia’s continued push toward more connected and data-driven infrastructure.
The post Nokia (NOK) Stock: Rebounds as Zain KSA Deploys Deepfield AI Network Intelligence Across 100 Saudi Cities appeared first on Blockonomi.
Gold prices posted gains on Tuesday following a challenging session to kick off the week. The precious metal experienced a 4% plunge on Monday, marking one of its sharpest single-day losses in several months.
Spot gold advanced 0.6% to settle at $4,139.91 per ounce as of 05:33 ET. Meanwhile, gold futures edged up 0.1% to $4,171.90 per ounce.

Even with Tuesday’s modest recovery, the metal continues trading near its lowest point in seven weeks. Gold faces headwinds from climbing bond yields and US dollar strength.
Oil prices maintained their upward trajectory as Iranian authorities remained firm on their terms for reopening the Strait of Hormuz. This critical shipping channel handles a substantial portion of worldwide energy transport.
President Trump turned down Iran’s most recent proposal, which included a commitment to reopen the strait within one week. Sources indicate Iranian leadership believes reaching an agreement before November’s US midterm elections appears increasingly unlikely.
The standoff between Washington and Tehran has now stretched into its eighth month, persistently disrupting global energy distribution and amplifying inflation anxieties.
Elevated crude oil costs typically drive broader price increases throughout the economy. This dynamic encourages central banks to implement tighter monetary policy through rate hikes, creating a challenging environment for gold given the metal produces no yield.
The continued rally in crude oil prices intensified selling pressure across US Treasury markets on Monday. Yields on 10-year government bonds climbed to levels not witnessed in 19 years.
Elevated bond yields diminish gold’s relative attractiveness to investors. This occurs because fixed-income securities offer tangible returns, unlike the non-yielding precious metal.
Throughout the last 30 days, the yellow metal has surrendered approximately 7% of its value. This pullback emerged after the Federal Reserve implemented its first rate hike since 2023.
Central bank policymakers maintained a hawkish stance, signaling additional rate adjustments remain possible this year. Current market pricing suggests approximately 70% probability of another increase coming in October.
Researchers at ANZ noted the near-term trajectory for gold appears challenging. They identified elevated yields and persistent inflation risks as primary obstacles confronting the precious metal.
A previous analysis from the prior week documented gold futures declining across three consecutive trading sessions. That selloff coincided with US dollar appreciation and the 10-year Treasury yield climbing to its highest reading since July 2007.
Silver experienced similar downward pressure during this period, closing 2.4% lower at $64.382 per troy ounce.
Market attention now shifts to two significant economic releases this week. Wednesday’s personal consumption expenditures index will provide the Federal Reserve’s preferred inflation measurement.
Friday’s nonfarm payrolls data will deliver fresh insights into labor market conditions. These reports are expected to influence market expectations surrounding the Fed’s upcoming monetary policy decisions.
Currently, gold finds itself navigating competing market dynamics. Geopolitical instability and rising energy costs bolster safe-haven demand, while strengthening bond yields and dollar momentum continue applying downward pressure on precious metals valuations.
The post Gold Rebounds Modestly as Markets Brace for Critical US Inflation Numbers appeared first on Blockonomi.
Bitwise Chief Investment Officer Matt Hougan has laid out why financial advisors are buying Ripple’s native token, and the reasons have little to do with it price.
His remarks follow an 80% rise in XRP ETF net assets during the third quarter, to a record $1.77 billion on September 25.
Hougan called XRP “one of the Mount Rushmore assets in crypto” and gave two reasons it appeals to investors. The first is that they are confident it won’t go away.
“A lot of financial advisors look at crypto and wonder, ‘Are these things for real? Will they persist? Will they be here in the future?’ And XRP has this enormous track record and this enormous background that gives people confidence it will be there in the future,” Hougan explained.
The second reason is practical. XRP “fits into real-world applications that they can understand,” according to the CIO. Advisors follow the stablecoin space and the cross-currency and liquidity space, and pay attention to news such as Ripple getting a bank charter.
XRPL community figure Hussein Zangana, who goes by Vet on X, made a related case, calling the network “real” and adding that it “has persisted the most amount of scrutiny any crypto has received.” As CryptoPotato reported earlier, XRP ETFs took in about $76 million last week, their best week in a month, extending the run to 11 straight weeks of inflows.
Bitwise’s fund leads with $677 million in cumulative inflows, followed by Franklin’s at $501 million, while the one from 21Shares has so far bled $21.15 million. On Monday, SoSoValue data shows, Canary’s XRPC added $3.96 million, taking cumulative inflows across all XRP ETFs to $1.79 billion. Total net assets were $1.68 billion, below Friday’s record level.
In related news, Bitwise filed an updated prospectus on September 28 for its XRP fund, which charges a 0.34% fee and holds its coins with Coinbase Custody. This is because, as analyst Xaif Crypto noted, the ETF keeps issuing new shares, so the prospectus has to stay current.
At the time of writing, XRP was trading around $1.50, up about 2% in 24 hours, almost 7% in the last 14 days, and nearly 8% across the past month. However, it’s still 47% lower than where it was a year ago and 59% below its all-time high of $3.65.
The Ripple token is on track for a third straight green month, having gained about 30% in August and a more modest 2.10% in July, something Xaif Crypto reminded has rarely happened in bear markets.
The last time XRP had a longer run of consecutive monthly gains was in 2023, when it went on a run from September to December that year, which was broken by an 18% drop in January 2024.
The post Bitwise CIO Explains XRP’s Institutional Appeal After 80% ETF Jump appeared first on CryptoPotato.
The cryptocurrency market is quite divided today (September 29), with some popular altcoins posting double-digit losses, while others are pumping hard.
Hedera’s HBAR is among the winners’ club after rallying by roughly 25% in a day and surging to its highest level since early January. Check out what triggered the move north and some of the most interesting price predictions.
Just hours ago, HBAR jumped to around $0.13 (per CoinGecko) before slightly retracing to the current $0.12. This still represents an impressive 60% increase over two weeks.

The asset’s market capitalization has risen well above the $5 billion psychological mark, making it the 26th-largest cryptocurrency and flipping popular altcoins like Avalanche (AVAX), Sui (SUI), and others.
Perhaps the main catalyst for the uptrend is the partnership between IBM and the Hashgraph Group. The entities aim to bring Hedera-based IDTrust to IBM Cloud, giving enterprises verifiable digital identity for AI agents. Meanwhile, BlackRock’s tokenization of its US Treasury Money Market Fund on Hedera pushed net assets beyond $40 billion, signaling solid institutional support.
The token’s major resurgence caught the eye of several market observers, most of whom expect further short-term gains. The Moon Show claimed that HBAR “is doing the same thing it did before the last big move.” The X user identified $0.13 as a key level, suggesting that clearing it could spark a much stronger upward move.
For his part, Doctor Profit argued that every time HBAR crossed the weekly MA50, it rallied strongly afterward. That said, he revealed that he has increased his exposure to the asset “as it’s breaking out right now.”
X user OxNeena also chipped in, claiming that the coin is breaking out of a long descending channel. According to the analyst, the next bullish targets could be $0.20, $0.30, and $0.45.
HBAR’s recent exchange netflow supports the bullish forecasts. Over the past few days, outflows have far surpassed inflows, suggesting investors have moved away from centralized platforms toward self-custody, effectively reducing immediate selling pressure.

Despite the overall optimistic forecasts, HBAR’s Relative Strength Index (RSI) hints that the asset may face a short-term correction.
The ratio has surged past 70, representing overbought territory, which is typically interpreted as a precursor to a pullback. The index runs from 0 to 100, where anything below 30 is seen as a buying opportunity.

The post Hedera (HBAR) Soars to 8-Month High: What Happened and What’s Next? appeared first on CryptoPotato.
Bitcoin continues to trade within a well-defined range, with a lower boundary at $83,000 and an upper at $85,000, currently sitting right in the middle.
ETH has soared past $2,700 again, while LINK and XLM have stolen the show from the larger caps, surging by double digits.
The primary cryptocurrency went on a wild run last Monday after it rebounded from a dip to $80,000 during the weekend. It added over $7,000 in value within 12 hours or so and surged past $87,000 for the first time since late January. The first dip drove it to $85,000 before the bulls tried to take down the $87,000 barrier once again.
The second rejection was a lot more painful as it drove BTC to under $84,000 within hours before the asset further dropped to $82,800. It bounced off shortly after, but it was stopped at $85,000 once again.
Since then, it has been more or less the aforementioned trading range. It tried to break out during the weekend, but it was halted at $85,000. The bears then tried to push it south hard, but they couldn’t crack the $82,500 level. As of now, BTC has rebounded to just over $82,000.
Its market capitalization has risen to $1.680 trillion on CMC, while its dominance over the alts remains sideways at 58.6%.

Ethereum has gained over 3% in the past 24 hours and has risen past $2,700 once again. XRP is above $1.50 after a 2.3% increase. SOL, BNB, TRX, and DOGE are also slightly in the green. ADA is above $0.25 after a more impressive 4% pump.
Chainlink’s LINK has soared by over 11% in a day and now sits above $15. XLM has posted a similar jump, currently trading around $0.23. HBAR has surged by 20% and now trades close to $0.12. In contrast, ZEC and NEAR have dumped by up to 9%. CRO, AAVE, and ICP are the other notable gainers among the larger-cap alts.
The cumulative market capitalization of all crypto assets has increased slightly since yesterday to $2.860 trillion on CMC.

The post Chainlink (LINK) Rockets by 11% Daily, Bitcoin (BTC) Reclaims $84K: Market Watch appeared first on CryptoPotato.
ICP has surged by double digits over the past 30 days, exceeding $3.30 on Monday and Tuesday, according to data from CoinGecko.
Despite the revival, it remains far below its all-time high, yet many market observers believe this could be the start of a major rally.
X user CW recently maintained that the cryptocurrency continues to show accumulation signals, claiming a pattern that preceded previous gains is repeating.
“The next phase following this accumulation will be an upward move,” they added.
Shortly after, the analyst suggested that ICP has reached a specific buy wall zone and has a high probability of rebounding from current price levels.
JAVON MARKS and Nehal have also touched on Internet Computer, making much more optimistic bets. The former argued that the altcoin has shown “consistent strength,” which is something to monitor as the valuation broke out of a key Falling Wedge pattern.
“This pattern suggests an over 208% move back to the $10 areas, and they could even extend much higher,” the analyst said.
Nehal said he has spent the last few weeks digging deep into the ICP code, claiming it feels like “alien technology.” After his research, the X user made a bold forecast that the asset’s price could explode to $60, representing roughly a 1,560% increase from the current zone.
ICP’s recent exchange netflow reinforces the optimistic forecasts. Outflows have mainly dominated inflows over the past several weeks, meaning investors have shifted from centralized platforms to self-custody, easing short-term selling pressure.

Of course, not everyone thinks that ICP is on the verge of posting additional gains in the near future. X user Crypto With Gopal, for instance, suggested that the asset is forming a rising wedge pattern.
Based on the structure, the price is pulling back after a strong rally, with sellers pressuring wedge support and momentum fading as bulls struggle to hold the $3 mark.
“A breakdown below support could trigger further downside, while reclaiming resistance may revive bullish momentum. Bears watching for confirmation,” he concluded.
The post Internet Computer (ICP) Soars 35% Monthly as Analysts Eye a Pump Above $10: Details appeared first on CryptoPotato.
Stablecoin giant Tether said on Monday it has helped US authorities freeze nearly $550 million in Iran-linked USDT so far this year.
The company detailed two of those developments. The first, in April, locked more than $344 million in USDT across two TRON addresses. The company acted on information from the Treasury’s Office of Foreign Assets Control (OFAC) and US law enforcement. OFAC added both addresses to its sanctions entry for the Central Bank of Iran on April 24.
That entry links the central bank to the Islamic Revolutionary Guard Corps (IRGC) Qods Force and Hezbollah. OFAC added four more TRON addresses to the same entry on July 14. Tether froze more than $130 million in USDT across those four wallets. Together, the two freezes come to more than $474 million. Tether’s release does not itemize the remaining ones.
“Public blockchains provide authorities with a level of visibility into the movement of funds that simply does not exist with cash, and Tether can act when credible information is provided by law enforcement,” said Tether CEO Paolo Ardoino.
In June, the US Treasury sanctioned Nobitex, Iran’s largest crypto exchange. It said the platform helped the central bank obtain stablecoins used to support the falling rial.
Treasury Secretary Scott Bessent then launched Operation Economic Outcast on August 24 against the Iranian regime’s financial networks. Its sectoral sanctions determinations name five sectors, starting with digital assets, technology, gold, aviation, and shipping. The Treasury said Iran increasingly uses cryptocurrency to evade sanctions, including for transactions linked to the IRGC.
On September 17, OFAC sanctioned Iranian crypto exchange BitBank, which it said is controlled by sanctioned financier Babak Zanjani. The Treasury alleged that BitBank moved hundreds of millions of dollars’ worth of Bitcoin (BTC) to the IRGC in June and July.
Tether said it has worked with Israel’s National Bureau for Counter Terror Financing (NBCTF) for several years. It has frozen more than 22 million USDT across over 40 cases the bureau referred to the company.
In September 2025, the NBCTF published 187 crypto addresses it tied to the IRGC. Blockchain analytics firm Elliptic reported that those addresses had received $1.5 billion in USDT, and Tether blacklisted 39 of them, freezing the roughly $1.5 million they still held. Though Elliptic noted that some of the addresses may belong to crypto services handling funds for many customers.
Across all its cases, Tether said it has helped freeze more than $4.9 billion, including more than $2.4 billion tied to US authorities.
The post Tether Freezes Nearly $550M in Iran-Linked USDT in 2026 as US Crackdown Expands appeared first on CryptoPotato.