🚨 ETF Chaos: Major Altcoin Applications Withdrawn
🚨 ETF Chaos: Major Altcoin Applications Withdrawn
🔥 ETF Bloodbath Begins
ETF Market Shakeup
Major altcoin ETF applications for SOL, XRP, ADA, LTC, DOGE, DOT, HBAR & ETH staking have been withdrawn from SEC consideration. The regulator introduced new generic listing standards that could streamline future approvals without individual 19b-4 filings.
Key Regulatory Wins
- SEC clarifies state-chartered trust firms (Coinbase, Kraken) qualify as banks for custody
- DoubleZero gets approval for DePIN token distribution under compliance rules
- SEC drafting plans for tokenized stock trading on blockchains despite TradFi pushback
Stripe Enters Stablecoins
Launched Open Issuance platform enabling custom stablecoin creation. First partners include Phantom (CASH), Hyperliquid (USDH), and MetaMask (mUSD).
Robinhood Goes Global
In talks with UK FCA to expand prediction markets internationally. CEO reports 4B event contracts executed since August launch.
Analysts expect the new ETF framework to accelerate altcoin approvals in coming months.
🚨 Big move in crypto: U.S. SEC & CFTC just issued a joint statement allowing registered institutions to conduct crypto spot trading. This could accelerate institutional adoption & market legitimacy.
📢 Today’s Top Crypto Headlines: 🏛️ US Commerce to Publish Data on Blockchain • Commerce Sec. Howard Lutnick announced GDP & other economic stats will be issued directly on blockchain for transparency & tamper-resistance. A pioneering step for public sector blockchain
📢 Today’s Top Crypto Headlines: ⛏️ Bitcoin Mining Difficulty Hits Record •Difficulty climbed to 134.7T, an all-time high •Profit margins tightening for large operations → centralization concerns •Yet small miners on Solo CK Pool still secured full block rewards worth
🚨 Stablecoin Update 🚨 Sources say Tether is in talks to raise $15–20B via private placement (≈3% of shares). This implies a $500B valuation, rivaling OpenAI and SpaceX. If confirmed, Tether could become one of the world’s most valuable private firms.
📢 Today’s Top Crypto Headlines: 🤖 Google Links AI, Stablecoins & Payments • Updated its open-source protocol to let AI process transactions, including stablecoins • Partners: Coinbase, Ethereum Foundation, Salesforce, AmEx, Etsy • Signals deeper AI + crypto + traditional
📢 Today’s Top Crypto Headlines: 💼 VC Investment Shifts in Crypto • Over $20B flowed into Digital Asset Treasuries (DATs) in recent years • Now: focus shifting from expansion → disciplined execution • Priorities: RWA tokenization, stablecoins, DeFi with strong market fit
🚨 Breaking: 12 US Senate Democrats have unveiled a new crypto market structure framework with 7 key points. Highlights: ⚖️ CFTC to regulate non-security tokens 📊 Clearer token classification & issuer disclosures 🔒 Stricter compliance on trading platforms 💰 More funding for
📢 Today’s Top Crypto Headlines: 🏛️ Fellowship PAC Launches • New crypto-focused PAC aims to raise $100M+ for pro-crypto candidates • Aligns more with Republicans & Trump than Fairshake PAC • Backed by Tether US unit, tied to USAT stablecoin under GENIUS Act • Signals
📢 Today’s Top Crypto Headlines: 🔥 Ethereum Strength Despite Market Dip • August on-chain volume hit $320B → highest since May 2021 • Driven by institutional allocations, ETF inflows & lower fees • DeFi TVL remains strong, staking continues to thrive • Reinforces $ETH as
📢 Today’s Top Crypto Headlines: 📑 SEC Sets New Standards for ETPs • New rules for exchange-traded products (ETPs) covering commodities & digital assets • Eases approval process → no need for Section 19(b) proposals • ✅ Approved: Grayscale Digital Large Cap Fund (CoinDesk
📢 Today’s Top Crypto Headlines: 🏛️ Bipartisan Push for U.S. Crypto Legislation • 12 Democratic senators call for collaboration on market structure bill • Outline 7 key priorities: - Close non-securities regulatory gaps - Clear oversight for issuers/platforms - Combat illicit
📢 Today’s Top Crypto Headlines: 💥 $1.7B in Liquidations • Total: $1.698B in 24h • Longs: $1.613B | Shorts: $85.6M • In last 12h: ETH $492M, BTC $284M, SOL $95.5M • Highlights leverage-driven volatility. 🏦 Strive–Semler Merger & BTC Treasury • Strive (ASST) acquires
📢 Today’s Top Crypto Headlines: 📉 Bitcoin’s “Red September” Risk • Historically, $BTC averages a -3.77% dip in Sept since 2013. • Current predictions: 75% chance of drop to $105K • Still, institutional adoption & maturing markets may cushion the seasonal effect if key
📢 Today’s Top Crypto Headlines: 💵 Tether Eyes $20B Raise • Reportedly seeking up to $20B in funding → potential $500B valuation • Would rank Tether alongside OpenAI & SpaceX as top private firms • Represents 3% equity stake, but insiders view target as overly ambitious.
📢 Today’s Top Crypto Headlines: 🏦 BitMine Expands ETH Holdings • Despite the downturn, BitMine bought 190,500 $ETH last week. • Now holds 1.71M ETH (~$7.9B) • Maintains $562M cash reserve → capacity for further buys • Total assets down from $8.8B peak due to market dip.
📢 Today’s Top Crypto Headlines: ⚖️ SEC & CFTC Cooperation • Exchanges with existing registrations from either body can now offer spot crypto trading services legally • Aims to boost institutional trust, liquidity & compliance clarity • Positions the U.S. as a stronger hub
🚨 US Congress is back from recess and crypto is now front and center. 🏛️ Senate Banking aims to revise the market structure draft before September ends. 🌾 Senate Agriculture will follow with CFTC-focused proposals. 🇺🇸 Senator Lummis says the bill could be signed into law by
🚨 Regulatory Shift in Crypto 🚨 SEC’s Paul Atkins unveiled Project Crypto: ✅ Clear & predictable rules ✅ Most tokens not securities ✅ On-chain fundraising made compliant ✅ One framework for trading, lending & staking ✅ “Minimum effective dose” regulation to stop monopolies
📢 Today’s Top Crypto Headlines: 🥇 Tokenized Gold Rally • Gold neared $3,499/oz, its highest since April • Tokenized gold sector hit $2.57B market cap • @tethergold $XAUT & @Paxos $PAXG see strong inflows as investors hedge with digital gold. ⚡ WLFI Frenzy on Spot Launch
📢 Today’s Top Crypto Headlines: ⚖️ SEC & CFTC Align on Crypto Rules • Joint D.C. roundtable emphasized unified regulation • SEC directs issuers to withdraw 19b-4 filings • New generic listing standards → faster approval for spot ETFs meeting criteria. 📈 IBIT Surpasses
📢 Today’s Top Crypto Headlines: ⚡ Aave Token Volatility & WLFI Rumors AAVE swung sharply after rumors it would receive a 7% WLFI allocation. •WLFI denied the claims ❌ •But a past Aave DAO proposal for 7% WLFI tokens + 20% protocol revenue remains active •Price dropped
🚨 Big moves in DC 🚨 @Coinbase CEO Brian Armstrong says the Crypto Market Structure Act is gaining strong bipartisan momentum in the Senate after high-level meetings in Washington. He calls the process a “fast-moving train” with a real shot at passage this year. Executives
📢 Today’s Top Crypto Headlines: 🟣 Ethereum: Institutional Interest vs. Revenue Decline • Network revenue fell -44% MoM → $14.1M • Transaction fees dropped -20%, linked to Dencun upgrade • Concerns: weakened fundamentals vs. benefits of lower costs & staking yields • ETF
📢 Today’s Top Crypto Headlines: 💳 Stablecoin Payments Race Heats Up • Fireblocks launched a global #stablecoin payment network (100+ countries, 40 compliance partners). • Stripe introduced Tempo blockchain for enterprise payments. • With stablecoins at $260B+ cap,
📢 Today’s Top Crypto Headlines: 🏦 Nasdaq Proposes Tokenized Trading • Submitted plan to SEC: trade traditional + tokenized securities side by side • Orders merged into a single book, cleared via DTC, mirrored on-chain • If approved, tokenized settlements could launch Q3
🚀 SAND Token Goes Live
**SAND Token Now Available on BRIDGERS** The Sandbox's native token $SAND is now live on the BRIDGERS cross-chain routing protocol. **Key Features:** - **Non-custodial execution** - Users maintain full control of their assets - **Smart contract powered** - All transactions executed on-chain - **Aggregated liquidity** - Access to optimal routing across multiple DEXs and bridges - **Secure routing** - Users authorize transactions while BRIDGERS handles the technical routing This addition expands BRIDGERS' growing ecosystem of supported tokens, allowing users to move SAND seamlessly across different blockchain networks. **How it works:** Users connect their wallet, authorize the transaction, and BRIDGERS computes the optimal cross-chain path using smart contracts. [Try BRIDGERS now](http://dapp.bridgers.xyz)
Swedish Lawmakers Propose National Bitcoin Reserve to Combat Inflation
**Swedish lawmakers Dennis Dioukarev and David Perez have introduced a proposal to establish a national Bitcoin reserve** as a hedge against inflation and preparation for shifts in global finance. The Sweden Democrats' motion aims to align the country with similar Bitcoin reserve initiatives being considered in places like the United States. **Key details:** - Sweden could begin by using **confiscated Bitcoin** as initial reserves - The managing agency for the holdings remains undecided - The proposal represents a strategic response to changing global financial landscapes This development positions Sweden among nations exploring cryptocurrency as a national reserve asset, marking a significant shift in traditional monetary policy approaches.
SEC and FINRA Investigate Suspicious Trading Before Bitcoin Treasury Announcements
**Regulators Launch Insider Trading Probe** The SEC and FINRA are investigating companies for unusual trading activity that occurred before they announced Bitcoin purchases for their treasuries. **Key Investigation Details:** - Regulators suspect potential insider trading violations under Regulation FD - Focus on suspicious trading spikes preceding crypto treasury announcements - Investigation could signal broader regulatory crackdown on crypto-related market activity **Market Impact:** - Increased regulatory scrutiny may lead to stricter compliance measures - Could affect how companies handle crypto treasury decisions and communications - May impact overall market behavior in the crypto sector This probe represents a significant intersection of traditional securities regulation with corporate crypto adoption, potentially setting precedents for future oversight.
☀️ Another Sunny Day
The web3 community continues its daily ritual with another cheerful **gm gm** greeting accompanied by a sunny emoji. This marks another consistent day in the ongoing pattern of morning salutations that have become a staple of crypto culture. - Daily greetings maintain community engagement - Sunny weather emoji suggests positive sentiment - Consistent posting pattern shows active participation The simple yet meaningful tradition of saying good morning keeps the community connected across different time zones and projects.