[Glassnode says BTC diverging from past four-year cycles, sees lower risk of steep drop]
Bitcoin is not following the pattern of past four-year cycles in the current bear market, making the likelihood of a further drop to historical bear-market drawdown levels increasingly low over time, Glassnode said.
BTC is currently rebounding from about 30% below its all-time high, while in the previous three bear markets, drawdowns at a comparable stage were more than twice as deep and only a few weeks away from their lows, according to the analysis.
https://coinness.com/en/news/1169666
Bitcoin is not following the pattern of past four-year cycles in the current bear market, making the likelihood of a further drop to historical bear-market drawdown levels increasingly low over time, Glassnode said.
BTC is currently rebounding from about 30% below its all-time high, while in the previous three bear markets, drawdowns at a comparable stage were more than twice as deep and only a few weeks away from their lows, according to the analysis.
https://coinness.com/en/news/1169666
CoinNess
Glassnode says BTC diverging from past four-year cycles, sees lower risk of steep drop - CoinNess
Bitcoin is not following the pattern of past four-year cycles in the current bear market, making the likelihood of a further drop to historical bear-market draw...
[Nasdaq-listed ProCap Financial buys back another 2.3% of shares below NAV]
Nasdaq-listed Silvia (SVIA), formerly ProCap Financial, led by Pompliano Investment founder Anthony Pompliano, said it has repurchased an additional 2.3% of its shares since Sept. 15 at prices below net asset value, or NAV.
The company said total share repurchases since the launch of the buyback program amount to about 14.5% of shares outstanding at the time the program began. Silvia currently holds about 5,130 BTC.
https://coinness.com/en/news/1169667
Nasdaq-listed Silvia (SVIA), formerly ProCap Financial, led by Pompliano Investment founder Anthony Pompliano, said it has repurchased an additional 2.3% of its shares since Sept. 15 at prices below net asset value, or NAV.
The company said total share repurchases since the launch of the buyback program amount to about 14.5% of shares outstanding at the time the program began. Silvia currently holds about 5,130 BTC.
https://coinness.com/en/news/1169667
CoinNess
Nasdaq-listed ProCap Financial buys back another 2.3% of shares below NAV - CoinNess
Nasdaq-listed Silvia (SVIA), formerly ProCap Financial, led by Pompliano Investment founder Anthony Pompliano, said it has repurchased an additional 2.3% of its...
[Bullish partners with Marex to expand institutional crypto market access]
Cryptocurrency exchange Bullish has partnered with London-based financial services firm Marex to expand institutional investors’ access to the crypto market, Crypto Briefing reported. The two companies plan to connect Bullish’s spot and derivatives trading infrastructure with Marex’s clearing and risk management capabilities.
https://coinness.com/en/news/1169668
Cryptocurrency exchange Bullish has partnered with London-based financial services firm Marex to expand institutional investors’ access to the crypto market, Crypto Briefing reported. The two companies plan to connect Bullish’s spot and derivatives trading infrastructure with Marex’s clearing and risk management capabilities.
https://coinness.com/en/news/1169668
CoinNess
Bullish partners with Marex to expand institutional crypto market access - CoinNess
Cryptocurrency exchange Bullish has partnered with London-based financial services firm Marex to expand institutional investors’ access to the crypto market, ...
[Forward Industries to raise $25M in direct offering for more SOL buys]
Forward Industries, described as the largest corporate accumulator of Solana, announced a $25 million registered direct offering for institutional investors.
The Nasdaq-listed company, which trades under the ticker FWDI, plans to issue 3.125 million common shares at $8 per share and expects to complete the offering on Sept. 24. The company said it intends to use the net proceeds, after fees and expenses, to buy additional SOL and expand its holdings.
https://coinness.com/en/news/1169669
Forward Industries, described as the largest corporate accumulator of Solana, announced a $25 million registered direct offering for institutional investors.
The Nasdaq-listed company, which trades under the ticker FWDI, plans to issue 3.125 million common shares at $8 per share and expects to complete the offering on Sept. 24. The company said it intends to use the net proceeds, after fees and expenses, to buy additional SOL and expand its holdings.
https://coinness.com/en/news/1169669
CoinNess
Forward Industries to raise $25M in direct offering for more SOL buys - CoinNess
Forward Industries, described as the largest corporate accumulator of Solana, announced a $25 million registered direct offering for institutional investors. T...
[Bitcoin options IV seen too low after BTC gains $10K in four days]
Greeks.live researcher Adam said Bitcoin rose $10,000 in four days, yet options implied volatility has remained around 35%, suggesting the market’s volatility expectations are too low relative to the price move. According to a chart Adam shared, implied volatility for at-the-money options with strike prices near the current BTC price was mostly in the mid-30% range for short-dated contracts, while longer-dated contracts were priced higher, with June contracts next year at around 40%.
https://coinness.com/en/news/1169670
Greeks.live researcher Adam said Bitcoin rose $10,000 in four days, yet options implied volatility has remained around 35%, suggesting the market’s volatility expectations are too low relative to the price move. According to a chart Adam shared, implied volatility for at-the-money options with strike prices near the current BTC price was mostly in the mid-30% range for short-dated contracts, while longer-dated contracts were priced higher, with June contracts next year at around 40%.
https://coinness.com/en/news/1169670
CoinNess
Bitcoin options IV seen too low after BTC gains $10K in four days - CoinNess
Greeks.live researcher Adam said Bitcoin rose $10,000 in four days, yet options implied volatility has remained around 35%, suggesting the market’s volatility...
[Citi says BTC rebound persists despite U.S. crypto bill setback, focus shifts to SEC]
Bitcoin’s rebound has continued despite the failure of a procedural vote on the CLARITY bill in the U.S. Senate, with market attention shifting from the passage of any single bill to actual regulatory progress, Citi said.
Citi said the legislative setback could limit an expansion of the Commodity Futures Trading Commission’s authority over crypto oversight, while the U.S. SEC could still use its existing powers to pursue rulemaking on trading, tokenized assets and market access. Citi said the SEC’s next steps will be a key area to watch.
https://coinness.com/en/news/1169671
Bitcoin’s rebound has continued despite the failure of a procedural vote on the CLARITY bill in the U.S. Senate, with market attention shifting from the passage of any single bill to actual regulatory progress, Citi said.
Citi said the legislative setback could limit an expansion of the Commodity Futures Trading Commission’s authority over crypto oversight, while the U.S. SEC could still use its existing powers to pursue rulemaking on trading, tokenized assets and market access. Citi said the SEC’s next steps will be a key area to watch.
https://coinness.com/en/news/1169671
CoinNess
Citi says BTC rebound persists despite U.S. crypto bill setback, focus shifts to SEC - CoinNess
Bitcoin’s rebound has continued despite the failure of a procedural vote on the CLARITY bill in the U.S. Senate, with market attention shifting from the passa...
[EU regulators warn quantum computing advances could threaten blockchain security]
The European Banking Authority, the European Insurance and Occupational Pensions Authority, and the European Securities and Markets Authority warned that advances in quantum computing could threaten the cryptographic systems used to secure blockchains, Cointelegraph reported. The agencies said future quantum computers could enable unauthorized transactions if they become capable of deriving private keys from public keys.
https://coinness.com/en/news/1169672
The European Banking Authority, the European Insurance and Occupational Pensions Authority, and the European Securities and Markets Authority warned that advances in quantum computing could threaten the cryptographic systems used to secure blockchains, Cointelegraph reported. The agencies said future quantum computers could enable unauthorized transactions if they become capable of deriving private keys from public keys.
https://coinness.com/en/news/1169672
CoinNess
EU regulators warn quantum computing advances could threaten blockchain security - CoinNess
The European Banking Authority, the European Insurance and Occupational Pensions Authority, and the European Securities and Markets Authority warned that advanc...
[MoonPay acquires North Capital to expand into tokenized stocks]
Crypto payments firm MoonPay said it will acquire North Capital Investment Technology, a Utah-based U.S. securities services provider, Fortune reported. The deal value was not disclosed, but sources said it was an all-stock transaction worth more than $60 million. North Capital holds U.S. SEC-related licenses including broker-dealer, alternative trading system, and transfer agent registrations, which MoonPay plans to use to expand its securities business into areas including tokenized stocks.
https://coinness.com/en/news/1169673
Crypto payments firm MoonPay said it will acquire North Capital Investment Technology, a Utah-based U.S. securities services provider, Fortune reported. The deal value was not disclosed, but sources said it was an all-stock transaction worth more than $60 million. North Capital holds U.S. SEC-related licenses including broker-dealer, alternative trading system, and transfer agent registrations, which MoonPay plans to use to expand its securities business into areas including tokenized stocks.
https://coinness.com/en/news/1169673
CoinNess
MoonPay acquires North Capital to expand into tokenized stocks - CoinNess
Crypto payments firm MoonPay said it will acquire North Capital Investment Technology, a Utah-based U.S. securities services provider, Fortune reported. The dea...
[NYSE, Blockchain.com weigh on-chain trading of tokenized U.S. listed stocks]
The New York Stock Exchange and Blockchain.com are considering a plan to trade tokenized versions of U.S.-listed stocks on-chain, Solid Intel reported. The U.S. SEC recently granted qualified tokenized securities exchanges conditional regulatory relief for five years, allowing trading in tokenized U.S.-listed shares.
https://coinness.com/en/news/1169674
The New York Stock Exchange and Blockchain.com are considering a plan to trade tokenized versions of U.S.-listed stocks on-chain, Solid Intel reported. The U.S. SEC recently granted qualified tokenized securities exchanges conditional regulatory relief for five years, allowing trading in tokenized U.S.-listed shares.
https://coinness.com/en/news/1169674
CoinNess
NYSE, Blockchain.com weigh on-chain trading of tokenized U.S. listed stocks - CoinNess
The New York Stock Exchange and Blockchain.com are considering a plan to trade tokenized versions of U.S.-listed stocks on-chain, Solid Intel reported. The U.S....
[Chainalysis says crypto economic activity fell just 1.6% as market cap halved]
Global crypto economic activity totaled $9.4 trillion over the past year as of the first half of this year, down 1.6% from a year earlier, according to Chainalysis. Over the same period, the cryptocurrency market capitalization plunged by $2.1 trillion, or 50%. Funds flowing into exchanges and DeFi fell 4.3%, while peer-to-peer transactions jumped 302.9% to $228.7 billion and cross-border stablecoin transactions rose 77.5% to $220.3 billion.
https://coinness.com/en/news/1169675
Global crypto economic activity totaled $9.4 trillion over the past year as of the first half of this year, down 1.6% from a year earlier, according to Chainalysis. Over the same period, the cryptocurrency market capitalization plunged by $2.1 trillion, or 50%. Funds flowing into exchanges and DeFi fell 4.3%, while peer-to-peer transactions jumped 302.9% to $228.7 billion and cross-border stablecoin transactions rose 77.5% to $220.3 billion.
https://coinness.com/en/news/1169675
CoinNess
Chainalysis says crypto economic activity fell just 1.6% as market cap halved - CoinNess
Global crypto economic activity totaled $9.4 trillion over the past year as of the first half of this year, down 1.6% from a year earlier, according to Chainaly...
[Cosmos Hub restarts network, resumes normal block production]
Cosmos Hub (ATOM) said on X that validators restarted the network as scheduled, block production has resumed, and the network is now operating normally. The project said it will continue to monitor network conditions.
Validators had previously paused the network voluntarily after the Neutron governance exploit to restrict movement of the stolen ATOM and give exchanges time to respond. At the time, Cosmos Hub said the Hub itself was not affected by the exploit and that no damage occurred beyond assets moved from Neutron.
https://coinness.com/en/news/1169676
Cosmos Hub (ATOM) said on X that validators restarted the network as scheduled, block production has resumed, and the network is now operating normally. The project said it will continue to monitor network conditions.
Validators had previously paused the network voluntarily after the Neutron governance exploit to restrict movement of the stolen ATOM and give exchanges time to respond. At the time, Cosmos Hub said the Hub itself was not affected by the exploit and that no damage occurred beyond assets moved from Neutron.
https://coinness.com/en/news/1169676
CoinNess
Cosmos Hub restarts network, resumes normal block production - CoinNess
Cosmos Hub (ATOM) said on X that validators restarted the network as scheduled, block production has resumed, and the network is now operating normally. The pro...
[56% of U.S. consumers would use stablecoins with bank-level protections: Visa survey]
A Visa survey found 56% of U.S. consumers would be willing to use stablecoins if they were offered with bank-level fraud protection and deposit insurance, up from a baseline of 36%.
Willingness to use stablecoins also rose to 45% if the service were offered through existing financial institutions, according to the survey. Meanwhile, 64% of respondents said trust in the payment service provider mattered more than the technology itself, while 56% said they had never heard of stablecoins.
https://coinness.com/en/news/1169677
A Visa survey found 56% of U.S. consumers would be willing to use stablecoins if they were offered with bank-level fraud protection and deposit insurance, up from a baseline of 36%.
Willingness to use stablecoins also rose to 45% if the service were offered through existing financial institutions, according to the survey. Meanwhile, 64% of respondents said trust in the payment service provider mattered more than the technology itself, while 56% said they had never heard of stablecoins.
https://coinness.com/en/news/1169677
CoinNess
56% of U.S. consumers would use stablecoins with bank-level protections: Visa survey - CoinNess
A Visa survey found 56% of U.S. consumers would be willing to use stablecoins if they were offered with bank-level fraud protection and deposit insurance, up fr...
[Tether releases QVAC Genesis III dataset to boost small AI models’ STEM reasoning]
Tether AI Research, the artificial intelligence unit of USDT issuer Tether, has released the synthetic dataset 'QVAC Genesis III' to improve small AI models’ reasoning in science, technology, engineering and mathematics.
The dataset consists of 159.6 million documents and about 191.4 billion AI training text units, or tokens. Tether said small models trained with the dataset posted stronger results on multiple STEM reasoning benchmarks than models trained on existing open-source data.
https://coinness.com/en/news/1169678
Tether AI Research, the artificial intelligence unit of USDT issuer Tether, has released the synthetic dataset 'QVAC Genesis III' to improve small AI models’ reasoning in science, technology, engineering and mathematics.
The dataset consists of 159.6 million documents and about 191.4 billion AI training text units, or tokens. Tether said small models trained with the dataset posted stronger results on multiple STEM reasoning benchmarks than models trained on existing open-source data.
https://coinness.com/en/news/1169678
CoinNess
Tether releases QVAC Genesis III dataset to boost small AI models’ STEM reasoning - CoinNess
Tether AI Research, the artificial intelligence unit of USDT issuer Tether, has released the synthetic dataset 'QVAC Genesis III' to improve small AI models’ ...
[Hyperliquid says open interest hits record $18B]
Hyperliquid (HYPE) said on X that open interest on its platform reached a record $18 billion. The figure is measured on a two-sided basis, combining open interest in both long and short positions.
https://coinness.com/en/news/1169679
Hyperliquid (HYPE) said on X that open interest on its platform reached a record $18 billion. The figure is measured on a two-sided basis, combining open interest in both long and short positions.
https://coinness.com/en/news/1169679
CoinNess
Hyperliquid says open interest hits record $18B - CoinNess
Hyperliquid (HYPE) said on X that open interest on its platform reached a record $18 billion. The figure is measured on a two-sided basis, combining open intere...
[Glassnode says BTC moving averages flash bullish confirmation signal]
Glassnode co-founder Rafael Schultze-Kraft said BTC’s 30-day moving average has crossed above its 50-week moving average, signaling bullish confirmation. In a post on X, Schultze-Kraft said the 30-day average has moved above the 50-week average for the first time since 2023, adding that past instances of the signal were followed by confirmed bull markets.
https://coinness.com/en/news/1169680
Glassnode co-founder Rafael Schultze-Kraft said BTC’s 30-day moving average has crossed above its 50-week moving average, signaling bullish confirmation. In a post on X, Schultze-Kraft said the 30-day average has moved above the 50-week average for the first time since 2023, adding that past instances of the signal were followed by confirmed bull markets.
https://coinness.com/en/news/1169680
CoinNess
Glassnode says BTC moving averages flash bullish confirmation signal - CoinNess
Glassnode co-founder Rafael Schultze-Kraft said BTC’s 30-day moving average has crossed above its 50-week moving average, signaling bullish confirmation. In a...
[US stocks open lower]
The three major U.S. stock indices opened lower today.
- S&P 500: -0.08%
- Nasdaq: -0.12%
- Dow Jones: -0.28%
https://coinness.com/en/news/1169681
The three major U.S. stock indices opened lower today.
- S&P 500: -0.08%
- Nasdaq: -0.12%
- Dow Jones: -0.28%
https://coinness.com/en/news/1169681
CoinNess
US stocks open lower - CoinNess
The three major U.S. stock indices opened lower today. - S&P 500: -0.08% - Nasdaq: -0.12% - Dow Jones: -0.28%
[Only 5% of U.S. lawmakers disclose holdings in crypto or related digital assets]
Only about 5% of the 535 members of the U.S. House and Senate, or 27 lawmakers, disclosed holdings in cryptocurrency or related digital assets after BitcoinPoliticians, an open-source project tracking crypto holdings by U.S. government officials, updated the latest public financial disclosures, according to Jameson Lopp, co-founder of Casa. The project tracks whether members of Congress hold such assets based on their public financial disclosure filings.
https://coinness.com/en/news/1169682
Only about 5% of the 535 members of the U.S. House and Senate, or 27 lawmakers, disclosed holdings in cryptocurrency or related digital assets after BitcoinPoliticians, an open-source project tracking crypto holdings by U.S. government officials, updated the latest public financial disclosures, according to Jameson Lopp, co-founder of Casa. The project tracks whether members of Congress hold such assets based on their public financial disclosure filings.
https://coinness.com/en/news/1169682
CoinNess
Only 5% of U.S. lawmakers disclose holdings in crypto or related digital assets - CoinNess
Only about 5% of the 535 members of the U.S. House and Senate, or 27 lawmakers, disclosed holdings in cryptocurrency or related digital assets after BitcoinPoli...
[Citrea acquires privacy-focused BTC wallet Crest]
Bitcoin layer Citrea said it has acquired Crest, a self-custody privacy BTC wallet, and will operate it as its flagship privacy product. Crest founder Meliksah Gurtemel will join Citrea as product lead.
Citrea said Crest plans to launch a mobile wallet within the next few weeks to support private BTC transfers and cross-chain onboarding from Bitcoin and Ethereum. The wallet is also expected to let users swap privacy-enabled BTC into USDC or ETH and send it privately to recipients. Through the acquisition, Citrea aims to bring Zcash-style privacy features to Bitcoin.
https://coinness.com/en/news/1169683
Bitcoin layer Citrea said it has acquired Crest, a self-custody privacy BTC wallet, and will operate it as its flagship privacy product. Crest founder Meliksah Gurtemel will join Citrea as product lead.
Citrea said Crest plans to launch a mobile wallet within the next few weeks to support private BTC transfers and cross-chain onboarding from Bitcoin and Ethereum. The wallet is also expected to let users swap privacy-enabled BTC into USDC or ETH and send it privately to recipients. Through the acquisition, Citrea aims to bring Zcash-style privacy features to Bitcoin.
https://coinness.com/en/news/1169683
CoinNess
Citrea acquires privacy-focused BTC wallet Crest - CoinNess
Bitcoin layer Citrea said it has acquired Crest, a self-custody privacy BTC wallet, and will operate it as its flagship privacy product. Crest founder Meliksah ...
[Upbit to suspend INJ deposits and withdrawals on Sept. 24]
Upbit announced the temporary suspension of Injective (INJ) deposits and withdrawals starting at 9:00 a.m. UTC on Sept. 24 due to a network upgrade.
https://coinness.com/en/news/1169684
Upbit announced the temporary suspension of Injective (INJ) deposits and withdrawals starting at 9:00 a.m. UTC on Sept. 24 due to a network upgrade.
https://coinness.com/en/news/1169684
CoinNess
Upbit to suspend INJ deposits and withdrawals on Sept. 24 - CoinNess
Upbit announced the temporary suspension of Injective (INJ) deposits and withdrawals starting at 9:00 a.m. UTC on Sept. 24 due to a network upgrade.
[SEC stock token rule seen benefiting ONDO, Coinbase and Uniswap]
A Cointelegraph Magazine analysis said Ondo Finance (ONDO), Coinbase and Uniswap (UNI) could benefit relatively after the U.S. SEC introduced a five-year temporary exemptive framework allowing on-chain trading of stock tokens that provide the same dividends, voting rights and other rights as actual shares.
The analysis said Ondo holds underlying shares with traditional custodians, reflects investor rights in tokens, and has broker-dealer licensing infrastructure. Coinbase also pays dividends on stock tokens backed by underlying shares. Uniswap already operates v4 Permissioned Pools, which can restrict users and liquidity providers, meaning the system could be used as trading infrastructure under the new rules.
By contrast, Robinhood’s Stock Tokens and Kraken’s xStocks do not provide the same rights as actual shares, leaving them outside the scope of the rules under their current service structures.
https://coinness.com/en/news/1169685
A Cointelegraph Magazine analysis said Ondo Finance (ONDO), Coinbase and Uniswap (UNI) could benefit relatively after the U.S. SEC introduced a five-year temporary exemptive framework allowing on-chain trading of stock tokens that provide the same dividends, voting rights and other rights as actual shares.
The analysis said Ondo holds underlying shares with traditional custodians, reflects investor rights in tokens, and has broker-dealer licensing infrastructure. Coinbase also pays dividends on stock tokens backed by underlying shares. Uniswap already operates v4 Permissioned Pools, which can restrict users and liquidity providers, meaning the system could be used as trading infrastructure under the new rules.
By contrast, Robinhood’s Stock Tokens and Kraken’s xStocks do not provide the same rights as actual shares, leaving them outside the scope of the rules under their current service structures.
https://coinness.com/en/news/1169685
CoinNess
SEC stock token rule seen benefiting ONDO, Coinbase and Uniswap - CoinNess
A Cointelegraph Magazine analysis said Ondo Finance (ONDO), Coinbase and Uniswap (UNI) could benefit relatively after the U.S. SEC introduced a five-year tempor...
[BTC falls below $85,000]
According to CoinNess market monitoring, BTC has fallen below $85,000. BTC is trading at $84,977.78 on the Binance USDT market.
https://coinness.com/en/news/1169686
According to CoinNess market monitoring, BTC has fallen below $85,000. BTC is trading at $84,977.78 on the Binance USDT market.
https://coinness.com/en/news/1169686
CoinNess
BTC falls below $85,000 - CoinNess
According to CoinNess market monitoring, BTC has fallen below $85,000. BTC is trading at $84,977.78 on the Binance USDT market.