🚀 $500M bet on Solana

Helius Medical Technologies (HSDT), a former medtech firm, raised $500M in a private placement to buy Solana (SOL) — with options that could boost the raise to $1.25B. Funds will go into spot purchases, staking, and DeFi in the Solana ecosystem.

🔥 News sent HSDT stock up +500% intraday.

Investors include Pantera, Animoca, Galaxy Digital, Arrington, HashKey, and others. Pantera’s Dan Morehead called Solana “the blockchain of the next financial generation.” 💰🔗

📅 Deal closes Sept 18 — Helius officially pivots from medtech to crypto.

🔥 Michael Saylor keeps stacking

Strategy just bought 525 BTC for ~$60.2M at an average price of $114,562.

Now the company holds a massive 638,985 BTC worth ~$73.5B. 💰

Saylor clearly isn’t done with his Bitcoin shopping spree 🛒💎

📊 Bitcoin ETFs are on a feeding frenzy — in just 5 trading days they swallowed the equivalent of 9 days’ worth of new BTC supply!

That means ETFs alone are creating nearly 2x more demand than miners can possibly provide (and miners don’t even sell everything they mine). 🔨

Simple math: when demand crushes supply, prices usually only have one way to go… 🔼

Bitcoin getting scarce again - CryptoQuant reports that on Binance, demand for BTC just outpaced supply for the first time since June 🤔

📊 Bitcoin Scarcity Index spiked, likely thanks to whales & institutions stacking sats, fewer sell orders, and heavy BTC withdrawals from the exchange.

Last time this happened, BTC ripped past $124K… 👀🚀

📈 The Ethereum unstaking queue is climbing fast again

Looks markets are gearing up for Jerome Powell’s potential rate cut, and some ETH stakers clearly want their bags unlocked and ready to move. 🤔

Bitmine now holds 2.15M ETH ($10.8B), making it the largest public holder of Ethereum 🔥

For comparison — they only keep 192 BTC (~$22M) on the side, basically pocket change.

👀 With Bitmine stacking and all ETH treasures + ETFs already locking up nearly 10% of all supply, no wonder Tom Lee keeps calling Ethereum the “macro bet of the decade.” 📈

🕰 Another Bitcoin time capsule just cracked open

An old wallet holding 1,000 BTC untouched since January 2014 suddenly moved its coins — worth nearly $116M today. 🙀

Back then, the coins landed when BTC was ~$840, meaning the stash has grown 130x in value. 🚀

Fun fact: the holder actually sat at a loss for almost two years, even seeing the bag drop 4x before BTC recovered.

On Sept 17, all 1,000 BTC were split into 3 new wallets. Identity of the owner? Still a mystery. 🥷

Lately, we’re seeing more and more “sleeping giant” wallets wake up — early hodlers finally cashing in their patience. 💤➡️💰

🤔 Is CZ making a comeback at Binance?

Changpeng Zhao just tweaked his X bio — from ex-@binance back to plain @binance.

🔥 This comes right after reports that Binance may soon escape DOJ oversight (the compliance monitor imposed in 2023 as part of a $4.3B settlement).

U.S. prosecutors are now in talks to scale back or even remove the monitor.

So… was it ever really “ex”? 👀

Coinbase’s $400M hack just got a wild plot twist

According to a new report, the data leak wasn’t just some faceless cyberattack — it started with a TaskUs support worker in India, Ashita Mishra, who literally photographed Coinbase users’ data (SSNs, bank details, docs) and sold them for $200 a pop. 🤳

She allegedly snapped up to 200 pics a day from Sept 2024–Jan 2025, roped in colleagues (including team leads), and fueled a black market where scammers targeted 69,000+ Coinbase users. 📸

Victims report getting calls from “Coinbase security” convincing them to move crypto to fake “safe wallets” — with scammers bragging about raking in $7M daily. 🙀💰

Coinbase originally said the breach was in Dec 2024, but court docs suggest it began months earlier. TaskUs even hinted that Coinbase employees themselves might have been involved.

👉 Moral of the story: if your exchange support staff is armed with a smartphone, your KYC might already be on sale. 👀

🥖🇩🇪 A bakery in Germany just started accepting Bitcoin — and crypto Twitter is loving it 🫶

One top comment: “This bakery now holds more BTC than the German government — who panic-sold theirs at half the current price.” 😅

From bread rolls to blockchain flexes — guess who’s really baking gains now?

🗄 Tokenization of real-world assets (RWA) is heating up 🚀

Bitwise says stocks, bonds, and real estate are rapidly moving on-chain — with Ethereum leading the pack at 55%.

Even if just 1–5% of the $257T global market gets tokenized, we’re talking trillions flowing into crypto. 🤔

Basically, Wall Street is about to learn what “number go up” really means. 📈

🤯 Crypto Alert: $9B in Stablecoins Moved to Exchanges

Over the past 1.5 days, $9,000,000,000 in stablecoins flowed to exchanges — likely prepping for the Fed’s interest rate decision tonight.

Markets are expecting a 25bps cut, but the real question is whether this new rate is already priced in. 🤔

Stay tuned — volatility could spike. 🎢

📈 USDT Supply Surge on Ethereum

CryptoQuant notes a major increase in USDT on Ethereum: from $73.4B in June 2025 to $91.4B — a +24.5% rise in just 3 months! 🚀

Meanwhile, Tether burned $4B on Tron yesterday 👀

💰 1 in 4 Bitcoin-Holding Companies Trades Below Its Reserves 🙀

🔎 K33 analysts report that about 25% of public Bitcoin companies are trading at a discount to their crypto reserves, limiting capital raises via stock issuance.

Highlights:

▪️NAKA (KindlyMD + Nakamoto) down 96% since peak, mNAV 0.7
▪️Twenty One (backed by Tether) mNAV <1
▪️MicroStrategy mNAV 1.26 (lowest since Mar 2024)

Average mNAV across all public BTC companies fell 3.76 → 2.8. Smaller firms often trade below reserve value, while giants still carry a premium. 🧐

📉 Daily BTC purchases by public companies are at 1428 BTC/day, the lowest since May. Total corporate reserves exceed 1M BTC.

🕵️‍♂️ Analysts say retail investors and BTC ETFs are now increasingly driving demand.

🤔 FOMC Decision in 2 Hours

🔎 CryptoQuant notes 9 straight days of BTC outflows from Binance — a clear sign that whales are positioning ahead of the Fed’s rate decision.

Markets largely expect a rate cut, and Bitcoin seems to have priced it in already: the price jumped from $108K → $115K on growing expectations. 👀 📈📉

🔥 Fed Cuts Rates!

The Fed just lowered the interest rate to 4.25% (expected 4.25% / previous 4.5%).

Bitcoin is holding steady, swinging between $115,500 – $116,300 as the market digests the news. 🧐

🚀 SEC Greenlights Faster Crypto ETF Approvals

The SEC has approved generic listing standards that streamline the process for spot crypto ETFs, cutting approval times from months to weeks.

Exchanges like Nasdaq, NYSE Arca, and Cboe BZX can now list products without each application being reviewed individually.

✅ Chair Paul Atkins: move reduces barriers & boosts investor choice
📈 Bloomberg’s James Seyffart calls it “the crypto ETP framework we’ve been waiting for”
💰 Upcoming ETFs could include SOL, XRP, LTC, DOGE, AVAX, LINK, DOT, BNB

⚠️ Commissioner Crenshaw warned of investor risks, saying this could flood the market with under-vetted products.

BNB Hits New ATH Above $1000 🚀

BNB holders are celebrating as the token sets a new all-time high over $1000. 🔥

Since the 2023 bottom, BNB has delivered an impressive 5x growth — cementing its position as one of the strongest performers among major crypto assets. 💪📈

👀 Markets Eye Next Fed Cut

Markets are pricing in a ~90% chance the Fed will cut rates by another 25 bps on Oct 29.

Yesterday’s cut was clearly priced in — but the next one? Something tells us it’s not… and that we’re heading into a hot Uptober 🔥📈

😰 Lost $6M Just Like That

Another phishing victim: a user signed a malicious transaction and instantly lost $6,000,000. 🎣

One careless click — and the wallet was drained. 🤷

A brutal reminder: always double-check approvals and links before signing anything on-chain.