[Bitcoin golden cross mirrors 2015 pattern, with 150% gain from that cycle peak]

Bitcoin logged daily closes below its 200-day moving average for 293 straight trading days before forming a golden cross on Sept. 8, Binance Research said.

The firm said six of the 12 past golden crosses came after BTC had stayed below the 200-day moving average for at least 150 days. In those cases, Bitcoin rose about 100% to 600% at its peak within a year of the golden cross. By contrast, in four of the other six cases, where the period below the 200-day average was relatively short, the maximum gain within a year remained under 100%, according to Binance Research. The firm added the current pattern most closely resembles the golden cross seen in October 2015, after which BTC climbed about 150% at its peak.
https://coinness.com/en/news/1170171

[Citi launches corporate tokenized deposit service in Japan, UAE]

Citi said it has launched Citi Token Services, a tokenized deposit service for corporate clients, in Japan and the United Arab Emirates. The launch allows clients in Japan to transfer funds instantly to accounts in the U.S., the UK and Singapore, where the service is already available. In Japan, the service supports USD, and cross-border transfers are available 24/7.
https://coinness.com/en/news/1170172

[CoinDesk says 6% US 10-year yield would not necessarily hurt BTC]

A rise in the U.S. 10-year Treasury yield to 6% would not necessarily be negative for BTC if it is driven by concerns over fiscal deficits and government debt, according to a CoinDesk analysis.

Markus Thielen, founder of 10x Research, said higher Treasury yields tend to weigh on BTC when they rise because of Federal Reserve rate hikes, but the impact differs when yields climb on fiscal instability. Thielen said the 10-year yield could rise to 6% in the coming months.

CoinDesk said yield increases tied to fiscal instability could instead support alternative assets such as BTC. The outlet added that BTC fell 64% in 2022 amid the Fed’s aggressive tightening, but has roughly doubled since late 2023 while the 10-year yield rose 1.35 percentage points. CoinDesk said downside pressure similar to 2022 could reappear if the Fed resumes aggressive rate hikes.
https://coinness.com/en/news/1170173

[BTC needs to hold above $84K-$85K to extend gains, Glassnode says]

Bitcoin is facing resistance in the $84,000-$85,000 range, where long-term holders are most heavily concentrated, according to a Glassnode analysis. In a post on X, Glassnode said sustaining the uptrend would require BTC to break through that range and hold above it. The chart showed the average MVRV price, or the level at which aggregate BTC holder returns are in line with the historical average, at $96,900, while the true market mean, or the average cost basis of more actively trading investors, stood at $77,200.
https://coinness.com/en/news/1170174

[Hyperliquid ETH open interest tops BTC at $3B]

ETH perpetual futures open interest on decentralized derivatives exchange Hyperliquid has surpassed BTC, with ETH OI at around $3.02 billion versus roughly $2.8 billion for BTC.
https://coinness.com/en/news/1170175

[Lyn Alden says BTC could top $840K if it reaches 2% of global liquid assets]

U.S. macroeconomist Lyn Alden said Bitcoin could eventually rise above $840,000 over the long term. Alden argued BTC could climb more than 10-fold from current levels, adding that Bitcoin’s current market size remains small relative to its long-term potential value and that a scenario in which it accounts for about 2% of global liquid assets is plausible.
https://coinness.com/en/news/1170176

[Former CFTC chairman says Congress must legislate crypto spot market rules]

Former U.S. Commodity Futures Trading Commission Chairman Rostin Behnam said Congress needs to establish clearer and more durable legal standards for regulating cryptocurrencies and prediction markets, according to Crypto in America.

Speaking at Georgetown University’s Financial Markets Quality Conference, Behnam said the rapid growth of prediction markets has increased the need to draw a clearer line between financial products used for risk management and gambling. With Senate discussions on the CLARITY Act, a digital asset market structure bill, failing to make progress, Behnam said regulating the crypto spot market under the CFTC’s existing authority amounts to a stopgap measure. The current approach is little more than a patchwork fix using tape and clips, he said, adding that a clearer long-term regulatory framework is needed.
https://coinness.com/en/news/1170177

[BTC spot CVD chart at 10:00 a.m. UTC on Sept. 29]

The spot CVD chart is an order book analysis of the BTC/USDT spot trading pair. The upper panel shows the volume heatmap, while the lower panel shows cumulative volume delta, or CVD.

- The volume heatmap tracks trading volume at each price level, and the background becomes brighter when the price stays in a specific range for an extended period or makes a large move. Brighter zones may act as support or resistance.
- The CVD indicator tracks buy and sell orders by capital size, with each colored line rising as buy orders increase for that segment. The yellow line represents orders between $100 and $1,000, while the brown line represents large orders between $1 million and $10 million, among others.
https://coinness.com/en/news/1170178

[Four Greek crypto firms secure MiCA registration in first for Greece]

Greece has produced its first businesses registered under the EU’s Markets in Crypto-Assets regulation, Cointelegraph reported. The Greek entities currently registered with the European Securities and Markets Authority, or ESMA, are BCash, Xenios Blockchain Group, Capital Wallet Greece and Piraeus Bank.

Meanwhile, Greece’s Hellenic Capital Market Commission fully denied reports that European Central Bank President Christine Lagarde intervened in Binance’s Greek MiCA licensing application process.
https://coinness.com/en/news/1170179

[El Salvador builds app for dollar stablecoin remittances]

El Salvador’s government is building Sivar, an app that supports remittances using dollar-pegged stablecoins, Bloomberg reported. The app runs on Coinbase’s Base network and will charge a $2 fee for digital dollar transfers from the United States to El Salvador regardless of the amount sent.

Nana Murugesan, CEO of Sivar developer Modveon, said El Salvador continues to use Bitcoin as a reserve asset and store of value while opting for faster, cheaper stablecoins for moving funds.
https://coinness.com/en/news/1170180

[Jamaica discusses crypto licensing bill with KYC and travel rule requirements]

Jamaica’s parliament is discussing the Virtual Assets Service Providers Act, a bill that would establish a formal licensing and supervisory framework for virtual asset businesses such as crypto exchanges, Bitcoin.com reported.

The Jamaican government had previously pushed the creation of a regulatory framework for virtual assets and VASPs as a key financial regulatory reform task. If passed, the bill would require any business providing virtual asset services to users in Jamaica to obtain a license from the Financial Services Commission, regardless of where the business is based. The measure would also impose obligations including know-your-customer checks, transaction monitoring, suspicious transaction reporting, and compliance with the travel rule, which requires the sharing of sender and recipient information.
https://coinness.com/en/news/1170181

[Canada’s self-styled 'Crypto King' to represent himself at fraud trial]

Aiden Pleterski, who has called himself Canada’s “Crypto King,” will represent himself without a lawyer in a jury trial that began in Toronto on Sept. 28, Decrypt reported. Pleterski faces charges of fraud and laundering the proceeds of crime.

Pleterski received about $40 million from investors under the pretense of cryptocurrency and foreign-exchange investments, but a bankruptcy trustee’s investigation found less than 2% of that amount was actually invested and about $16 million was spent for personal use, according to Decrypt. Pleterski denies the allegations, and the criminal charges have not resulted in a conviction.
https://coinness.com/en/news/1170182

[Ondo Perps CEO says reviewing U.S. perpetual futures entry makes sense]

David Wells, CEO of Ondo Perps, Ondo Finance’s RWA-based perpetual futures exchange, said it makes sense to consider entering the U.S. market, according to The Block.

Wells said there is a significant opportunity in the U.S. perpetual futures market and that it is reasonable for Ondo to review that market. However, Wells added no U.S. launch plan has been finalized, and any perpetual futures service offered in the United States would likely differ in structure from products available in other countries.
https://coinness.com/en/news/1170183

[Morgan Stanley sets up Digital Asset Lab]

Morgan Stanley has established a Digital Asset Lab to test stablecoins, asset tokenization and decentralized finance, or DeFi, technology, Bloomberg reported. The lab is designed to validate technologies in a segregated environment with security and regulatory safeguards so new blockchain systems do not affect the bank’s core infrastructure. Morgan Stanley plans to use the lab to test not only stablecoins, but also tokenized deposits, central bank digital currencies, or CBDCs, and tokenized money market funds, or MMFs.
https://coinness.com/en/news/1170184

[U.S. rapper Kanye West deposits $3.9M in ETH to Binance]

U.S. rapper Kanye West deposited 1,445 ETH worth $3.91 million from AAVE to Binance today, according to ai_9684xtpa. It marked the first such transfer since October 2025, and exchange deposits are typically interpreted as a sign of intent to sell.
https://coinness.com/en/news/1170185

[Bitget sees $463M net outflow in 24 hours after resuming withdrawals]

Crypto exchange Bitget saw about $463 million in net outflows over 24 hours after withdrawals resumed, Bloomberg reported. According to DefiLlama data, that marked the largest single-day net outflow over the past four years.

Bitget has been gradually restoring withdrawals following a $388 million hack last week, starting with BTC on Sept. 28 and continuing with ETH and USDT. The exchange plans to resume remaining token withdrawals, fiat services and P2P services on Oct. 2.

Its user protection fund, which is being used to cover hack-related losses, has fallen from $464 million to under $200 million. Bitget CEO Gracy Chen said the company aims to replenish the fund to more than $300 million within a week using its own capital.

While North Korea has been identified as a possible culprit behind the hack, the exchange has withheld judgment.
https://coinness.com/en/news/1170186

[BTC faces first key test after breakout, with focus on $82.5K support]

Bitcoin closed above its 50-week moving average for the first time on a weekly basis last week, and $82,500 now marks the top of a previous consolidation range, where holding the level could support further gains, crypto market maker Wintermute said.

Wintermute added that risk assets remained strong last week even as the U.S. 10-year Treasury yield climbed above 5% to its highest level since 2007, with no clear flight to safety observed. The firm also said altcoins were showing broad strength alongside rising BTC dominance, while institutional options markets continued to build low-delta call options and call spread positions expiring at year-end.
https://coinness.com/en/news/1170187

[Coinbase hints at onchain features for new Pokémon card service]

Coinbase is preparing to launch a new Pokémon card service and has hinted it could include onchain features, BeInCrypto reported. After a user interpreted the offering as blockchain-based Pokémon card packs, Coinbase said that was correct.

According to the report, users who open card packs on mobile would receive cards linked to physical copies, which could either be held with a custodian or shipped directly. Coinbase did not disclose specific details including a launch date, pricing, supported countries, or the underlying blockchain.
https://coinness.com/en/news/1170188

[UK-listed Smarter Web plans up to $10.6M in BTC purchases via preferred share sale]

UK-listed The Smarter Web Company, which has adopted a Bitcoin treasury strategy, said it plans to issue up to 277,777 shares of MORE, the UK’s first BTC-backed preferred stock, at £90 ($119.16) per share. The company is targeting about $17.34 million to $30.05 million in net proceeds and plans to allocate about $6.62 million to $10.59 million of that to additional BTC purchases.

MORE is a cumulative floating-rate preferred stock with an initial annual dividend rate of 12% based on a reference price of £100 ($132.40) per share. Dividends will be paid weekly, and the shares carry no voting rights. A London Stock Exchange listing for MORE is scheduled for Oct. 14.
https://coinness.com/en/news/1170189

[Tokyo-listed Bitcoin Japan completes nearly $1M BTC purchase]

Tokyo Stock Exchange-listed Bitcoin Japan, formerly Hotamaru Sho, bought 11.9188 BTC for $999,479 through its wholly owned subsidiary BTC JPN Ltd., CEO Phillip Lord said on X. The average purchase price was $83,857.

Lord said the purchase was not based on a short-term price outlook but marked the first step in the company’s long-term BTC accumulation strategy. Lord added the company plans to consider further purchases based on market conditions, available funds, liquidity, and risk management. The purchase follows the board’s earlier approval for BTC acquisitions of up to $1 million.

Note:
This is a separate legal entity from Metaplanet subsidiary Bitcoin Japan Inc.
https://coinness.com/en/news/1170190

[Polymarket hires former Goldman Sachs executive for institutional growth]

Polymarket has hired Lisa Mantil, formerly of Goldman Sachs, as head of institutional growth as the prediction market platform looks to secure Wall Street institutional liquidity, CNBC reported.

Until recently, Mantil was a Goldman Sachs partner and global head of ETF Accelerator, an internal platform that supports clients launching investment products. At Polymarket, Mantil is expected to expand the institutional investor business and promote the use of prediction markets in investment and risk-management strategies.
https://coinness.com/en/news/1170191