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πŸ“Œ Daily Recap Β· Sep 22

πŸ“ˆ Strive holds 25K BTC and someone wanted more leverage
πŸ’€ Calacanis calls Bitcoin a dead cat again at $80K
πŸš€ HYPE token hits all-time high as borrowing goes live
βš–οΈ US crypto clarity bill dies in Senate, regulators move anyway
πŸ‡ͺπŸ‡Ί Binance met every EU requirement and still got rejected

Someone on your feed definitely missed the whole crypto circus today β€” pass this along

CHEATKOTT - Your Daily News
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πŸͺ™ Crypto check
β‚Ώ BTC $86,407 πŸ“ˆ +1.1% (24h)
Ξ ETH $2,749 πŸ“ˆ +0.6% (24h)

😨/πŸ€‘ Fear & Greed: 71 β€” Greed
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🏦 Banks are taking over Europe's crypto register

MiCA is the EU's first comprehensive crypto rulebook, in full force this year. While crypto firms queued for authorization, banks found a shortcut.

Between June 26 and September 16, the bank count on ESMA's register nearly doubled β€” from ~40 to ~80 β€” pushing their share from 17% to almost 23%. One in four providers is now a bank.

Germany led the charge: Deutsche Bank plus dozens of regional Volksbank and Raiffeisenbank institutions. Under Article 60 of MiCA, banks skip full CASP authorization β€” a 40-working-day notice to the home regulator is enough. Crypto startups who spent months on licensing paperwork might have feelings about that.

Via Cointelegraph.
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πŸ’Έ Coinbase is bringing crypto-style futures to US stocks

Perpetual futures β€” no expiry date, no need to own the underlying asset β€” have been crypto-native for years. Coinbase already offers them on Apple and Nvidia to non-US traders. Now it's filed with the CFTC to bring the same product stateside.

Per The Wall Street Journal, the initial list would cover ~50–60 names: Apple, Microsoft, Tesla, Nvidia. Trading runs 24/5; the contracts never expire.

Regulatory approval is pending. Coinbase is clearly betting the wall between crypto and traditional equity markets keeps getting thinner β€” and wants a desk on both sides.

Cointelegraph
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πŸ’‘ NEAR is up 80% in a week β€” and the reason is worth knowing

NEAR Intents β€” Near Protocol's cross-chain swap system β€” has crossed $29.3 billion in cumulative volume. Over seven days NEAR jumped 78%, from ~$2.41 to $4.29, while the broader crypto market gained around 6%.

The rally coincided with a privacy push: perpetual futures deposits on near.com are now confidential by default, and Zcash wallet ZODL ranked third by Intents volume β€” $3.8 million in a single day.

Bitwise analyst Camran Khosravi calls Near and Zcash "complements." His caveat: TVL can rise simply because ZEC held inside the system appreciates, no new deposits needed. Good to remember before the numbers do the talking.

Via CoinDesk.

Cointelegraph
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πŸ’Έ Fake paper, real crypto, genuine prison

Lam Chun-yin, a customer relationship manager at China Construction Bank (Asia), falsely authenticated letters of credit worth $1.6 billion and pocketed $470,000 in crypto bribes for his trouble.

A Hong Kong court handed him four years. The judge's reasoning was blunt: banking is the backbone of Hong Kong's economy, and this kind of scheme corrodes the city's reputation as a global financial hub. First-time offender? Noted. Irrelevant.

Hong Kong's anti-graft agency ICAC has arrest warrants out for others involved, per The Standard β€” so the story isn't over. Lam had pleaded guilty in advance. No drama in the courtroom. The numbers did that job already.

Cointelegraph
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πŸ’Έ Down 80% β€” and suddenly Gemini looks like a bargain

Gemini, the crypto exchange founded by the Winklevoss twins, has lost 80% of its value since its IPO β€” from a $4B peak to $753M today. Q2 revenue fell 38%, spot trading volume dropped 66%.

That kind of slide triggers a familiar calculation: why build when you can buy? An ARK Invest analyst publicly floated the idea of Hyperliquid acquiring Gemini as a shortcut to U.S. regulatory licenses β€” the kind that take years to obtain organically. Per CoinDesk, prospective buyers were already eyeing Gemini's shuttered European units back in April, drawn by the permits, not the users.

One catch: the twins control 94.5% of voting power. Any deal needs their blessing. Which makes the negotiation simple β€” right up until they say no.
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πŸ“Œ Daily Recap Β· Sep 23

🏦 Banks quietly doubled their spots on Europe's crypto register
πŸ“ˆ Coinbase wants to bring perp futures to US stocks
πŸ’‘ NEAR jumped 80% in a week β€” here's the actual reason
πŸ”’ Banker faked $1.6B in letters, took crypto bribes, got four years
πŸ“‰ Gemini lost 80% since IPO β€” now suddenly looks cheap

That one person in your group chat who was heads-down all day? This is exactly for them.

CHEATKOTT - Your Daily News
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πŸͺ™ Crypto check
β‚Ώ BTC $84,026 πŸ“‰ -2.7% (24h)
Ξ ETH $2,682 πŸ“‰ -2.4% (24h)

😨/πŸ€‘ Fear & Greed: 71 β€” Greed
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πŸ“ˆ Bitcoin's best quarter since late 2024 β€” and it's still not expensive

BTC gained 44% this quarter, beating gold (+8.7%), the S&P 500 (+2%) and even NVDA (+11%). Yet it's still 48% below its $126,000 all-time high β€” hard to call that stretched.

Altcoins kept pace: ETH, XRP, SOL and others are up 40–150%. The rally started with classic oversold mechanics, then got a regulatory boost β€” on September 17 the SEC granted a five-year exemption for venues trading tokenized U.S. stocks via blockchain. Tagus Capital sees ETH as the biggest beneficiary.

FxPro calls it a bull market but urges patience. CoinDesk notes bitcoin closed above its 50-week moving average for the first time in 45 weeks β€” historically, that's where bear markets end.
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πŸ’Έ Strategy is back in the game

Two weeks of silence β€” then Michael Saylor did exactly what everyone expected. Strategy picked up 950 BTC for $75.7 million last week, averaging $79,670 per coin.

The running total now sits at 846,000 BTC, acquired at an average of $75,416. With Bitcoin trading around $84,925, that's an unrealized gain of $8.05 billion β€” not bad for a "pause."

At the same time, the company bought back 1.77 million shares of its STRC preferred stock for $174 million, with $875 million still available for more. The cash pile took a hit though: USD Cash dropped nearly 20% to $1.05 billion.

Strategy shares jumped 7.4% to $165.2 in pre-market trading Monday. The market, apparently, missed this.

Via CoinDesk.

Cointelegraph
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πŸ’Έ Crypto's back in Ohio β€” with $30 million and a long memory

Fairshake β€” the crypto super PAC backed mainly by Coinbase, Ripple and a16z β€” spent $40 million to unseat Ohio Senator Sherrod Brown in 2024. It worked: with Brown gone from the Senate Banking Committee, a major stablecoin bill moved forward fast. Now he's running to return, and Fairshake has committed $30 million to stop him again.

Polls show Brown ahead 48% to 45%, Polymarket gives him 57%. The PAC sees those numbers and spends anyway β€” with $90 million+ still in reserve for the November 3rd finish line.

Not one ad will mention crypto. Just whatever argument moves an Ohio voter. The industry isn't selling itself β€” it's buying the outcome, per CoinDesk.
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πŸ“ˆ $1 billion in a day β€” and that's only ninth place

U.S. spot bitcoin ETFs pulled in $998.95 million on Monday β€” the biggest single-day haul since October 6, 2025, the day BTC hit its all-time high of around $126,200. Historically, it ranks ninth since the funds launched in January 2024.

The day's leaderboard:
πŸ”Έ IBIT (BlackRock) β€” $381.37M
πŸ”Έ ARKB (Ark) β€” $289.12M
πŸ”Έ FBTC (Fidelity) β€” $238.84M

What makes the number interesting: it landed just days after the Senate blocked the Clarity Act and the Fed hiked rates. Institutions, apparently, read the room differently than the headlines did.

BTC is up 44% this quarter to $85,000, outpacing every major asset including gold. Though spot ETFs are still $450M in the red year-to-date β€” so the champagne can wait.

Via SoSoValue data, as reported by CoinDesk.
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πŸ’Έ X is suing a Bitcoin account network for faking engagement

X's creator program paid out based on genuine audience engagement β€” someone treated "genuine" as a suggestion.

X filed suit in the High Court of England and Wales against Vivek Kumar Sen and Zamyang Sherpa, alleging they ran six Bitcoin-themed accounts that gamed at least Β£207,384 (~$278K) in payouts by liking, reposting, and mirroring each other's content. On August 5th, two accounts posted near-identical text within 11 seconds of each other.

X suspended the accounts on August 18th, shut down the old revenue program in September, and is now tacking on Β£75,000 in investigation costs β€” total claim: over Β£282,000.

A Bitcoin influencer ring caught gaming the platform of crypto's loudest CEO. The irony earned its keep.

*Cointelegraph has the filing.*
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πŸ“Œ Daily Recap Β· Sep 24

πŸ“ˆ BTC up 44% this quarter β€” still 48% off peak
πŸ’Έ Saylor breaks silence, snaps up 950 more BTC
πŸ—³οΈ Crypto PAC returns to Ohio with $30 million war chest
πŸ“ˆ Bitcoin ETFs nearly hit $1 billion in a single day
βš–οΈ X sues fake Bitcoin accounts gaming its creator payouts

Whoever had their head down in meetings today β€” this is the tab they should've had open

CHEATKOTT - Your Daily News
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πŸͺ™ Crypto check
β‚Ώ BTC $83,856 πŸ“‰ -0.2% (24h)
Ξ ETH $2,671 πŸ“‰ -0.4% (24h)

😨/πŸ€‘ Fear & Greed: 71 β€” Greed
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πŸ€– The robots are going to need a bank account

BlackRock published a paper this week arguing the next big crypto demand wave won't come from institutions β€” it'll come from AI agents paying their own bills.

The logic: agentic AI systems already book, pay, and call APIs with minimal human input. Problem is, traditional rails weren't built for this β€” no bank account without an ID, and card fees make no sense on a sub-cent API call. Stablecoins fit naturally: always on, no intermediary, instant settlement.

Adjusted stablecoin volume hit $11 trillion in 2025, growing ~80% a year versus 8.5% for bank transfers. Reality check from TRM Labs: AI agents currently drive just 0.6–7.5% of volume on Coinbase's x402 protocol β€” most traffic is still ordinary scripts.

BlackRock isn't saying the moment has arrived. It's saying the pipes are being laid before it does.

Decrypt
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πŸ’Έ This is starting to feel less like a bounce

Bitcoin is up 14% on the week, clearing $86,500, with total crypto market cap back above $3 trillion. Monday's spot BTC ETF inflows hit $999M β€” the biggest single day since October 2025.

πŸ”Έ ETH at $2,750 Β· SOL at $120 Β· HYPE, ZEC and VVV all hit new ATHs
πŸ”Έ Nasdaq closed at a record, +2.26%; AMD crossed $1 trillion in market cap for the first time
πŸ”Έ Oil slid on Iran reopening signals β€” Brent below $98, WTI below $93
πŸ”Έ CME launches BCH and UNI futures October 19

Those positioned for an early-October bottom are quietly capitulating. The market, as usual, didn't wait for consensus.

Decrypt
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🎬 Nathan Fielder made a documentary about Elizabeth Holmes

Quick catch-up if you missed the saga: Holmes founded Theranos, convinced investors her tech could diagnose dozens of diseases from a single drop of blood, and β€” it couldn't. She was convicted of fraud in 2022 and has spent every moment since insisting she did absolutely nothing wrong.

Now Nathan Fielder, a filmmaker whose entire gift is staying in character long enough to make everyone around him question the fabric of reality, has pointed that energy directly at her.

The A24 documentary is called "You Can See Everything" and hits theaters October 16.

A woman who never breaks character meeting a man who never breaks character. Someone's going to blink first. The trailer is out β€” good luck watching it without immediately rethinking everything you know about performance and belief.

TechCrunch

https://www.youtube.com/watch?v=GGJSRFWALTI
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πŸ“Œ Daily Recap Β· Sep 25

πŸ€– BlackRock says AI agents will need their own wallets
πŸ“ˆ Bitcoin up 14% as crypto market reclaims $3 trillion
🎬 Nathan Fielder just made a documentary on Elizabeth Holmes

Somebody in your life definitely spent today offline β€” this is their catch-up

CHEATKOTT - Your Daily News
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πŸͺ™ Crypto check
β‚Ώ BTC $83,990 πŸ“ˆ +0.2% (24h)
Ξ ETH $2,690 πŸ“ˆ +0.7% (24h)

😨/πŸ€‘ Fear & Greed: 74 β€” Greed