CoinDesk

Stablecoin infrastructure startup Bastion has raised $14.6 million in a new funding round led by Coinbase Ventures, Fortune reports. Bastion builds white-label stablecoin systems that let companies issue digital dollars without writing code or applying for regulatory licenses. The round included participation from the venture arms of Sony and Samsung, as well as Andreessen Horowitz’s … Read more

Canton Network, a blockchain built for regulated finance, has struck a strategic partnership with Chainlink to broaden institutional adoption. The agreement, announced Wednesday, will see Canton integrate Chainlink’s suite of services, including Data Streams, Proof of Reserve, and its Cross-Chain Interoperability Protocol. Canton has also joined the Chainlink Scale program, which helps cover the costs … Read more

Franklin Templeton, the global investment powerhouse managing $1.6 trillion in assets, is expanding its proprietary Benji Technology Platform to the BNB Chain ecosystem. The move amplifies Benji’s institutional-grade tokenization expertise by leveraging BNB Chain’s technological strengths, including its scalable, low-cost infrastructure and high transaction throughput, to create a new class of on-chain financial assets. “Our … Read more

Crypto has never needed “safe havens.” It needs safe markets. The difference is more than semantics. A safe haven is a place to hide; a safe market is a place to build. Jurisdictions that understand this distinction will be the ones that capture the next significant wave of serious capital. The crypto industry has been … Read more

Hyperliquid’s very own stablecoin USDHL, developed by Native Markets, debuted Wednesday, generating over $2 million in early volume. As of writing, the Hyperliquid-listed USDH/USDC pair traded at 1.001, with a total trading volume of 2,244,932.79 USDC. Last week, the Hyperliquid validator community selected Native Markets to receive the USDH ticker following a lengthy bidding war … Read more

By Omkar Godbole (All times ET unless indicated otherwise) Bitcoin (BTC) rebounded from Asian session lows of $111,000 to $112,800, repeating a pattern seen on Tuesday. However, the token remains below its 50- and 100-day simple moving averages (SMAs), with liquidity analysis and retail crowd sentiment signaling a potential for a deeper pullback. The CoinDesk … Read more

Bitcoin (BTC), the crypto market leader, has bounced to nearly $113,000, hinting at an end to the three-day losing streak. Other major coins are following BTC’s lead, with further gains contingent on bitcoin moving past key levels. “Much will depend on the ability of bitcoin bulls to overcome important resistance levels at 113,500 and 115,000. … Read more

Key metric tied to BlackRock’s Nasdaq-listed spot bitcoin (BTC) exchange-traded fund, IBIT, has been flashing warning signs for two straight months. IBIT’s one-year put-call skew, a measure of market sentiment or pessimism, flipped positive on July 25 and has remained comfortably above zero since then, according to data source Market Chameleon. That’s two straight months … Read more

Bitcoin (BTC) remains stagnant in the $110,000 to $120,000 range, while gold and U.S. equities hover near all-time highs. According to Glassnode’s Accumulation Trend Score by cohort, selling pressure is evident across all wallet groups. This metric measures the relative strength of accumulation based on the size of entities and the volume of coins acquired … Read more

Ripple’s RLUSD stablecoin is being integrated into tokenized money-market funds from BlackRock and VanEck, giving holders of the products a direct redemption path into on-chain liquidity. Through a new smart contract on Securitize’s platform, investors in BlackRock’s BUIDL and VanEck’s VBILL funds can now swap their shares for RLUSD on demand, creating what Ripple calls … Read more

Blockchain analytics firm Elliptic has secured a strategic investment from HSBC, making it the only company in the sector to be backed by four globally systemically important banks (G-SIBs). HSBC joins JPMorgan Chase, Santander and Wells Fargo on Elliptic’s investor roster. As part of the deal, Richard May, Group Head of Financial Crime at HSBC’s … Read more

Bitcoin’s (BTC) break below key support has prompted a flurry of ‘buy the dip’ calls on social media. However, liquidity trends suggest a potential for a deeper decline. BTC has dropped over 3% to $111,590 this week, piercing the widely-tracked 50- and 100-day simple moving averages (SMA). Both indicators have lost their upward momentum for … Read more

Broader crypto sentiment remained fragile amid risk-off flows, though DOGE showed resilience with consistent liquidity inflows. News Background Dogecoin (DOGE) consolidated in a tight band during the 24-hour window from September 23 at 03:00 to September 24 at 02:00, trading between $0.236 and $0.244. Early rallies at 06:00 and 16:00 tested the $0.244 mark, but … Read more

Good Morning, Asia. Here’s what’s making news in the markets: In the lead-up to Seoul’s Korea Blockchain Week, discussions about a Korean Won stablecoin were among the leading narratives. The idea carries political weight, positioning local currencies as digital alternatives to the U.S. dollar. However, despite the enthusiasm, most Asian currencies are hindered by capital … Read more

The U.S. Commodity Futures Trading Commission is starting an initiative to allow stablecoins as tokenized collateral to satisfy margin needs in the vast derivatives market, inviting input from the industry on how to bring such a policy online. In the latest move toward crypto inclusion in the U.S. financial sector, the acting chief of the … Read more

Stablecoin giant Tether is looking to raise between $15 billion and $20 billion for about a 3% stake in the company through a private placement, Bloomberg reported, citing two people familiar with the matter. The massive raise would bring its valuation to around $500 billion, putting it in the same league as OpenAI and SpaceX, … Read more

Bitcoin-focused Latin American company OranjeBTC is set to go public on Brazil’s B3 exchange in early October with more than $400 million in BTC reserves, making it Brazil’s largest publicly-traded bitcoin treasury firm. The move, confirmed by local news outlet Brazil Journal and at Mercado Bitcoin’s DAC 2025 conference, will see it go public via … Read more

ZeroHash, a crypto and stablecoin infrastructure provider, has raised $104 million in a Series D-2 round led by Interactive Brokers (IBKR), valuing the company at $1 billion. The raise included new participation from Morgan Stanley (MS), Apollo-managed funds, SoFi (SOFI), Jump Crypto, Northwestern Mutual Future Ventures, FTMO, IMC and Liberty City Ventures, alongside existing backers … Read more

Y Combinator, the Silicon Valley startup incubator behind Airbnb, Coinbase and Stripe, is collaborating with Base and Coinbase Ventures to create the next wave of so-called “Fintech 3.0” companies, according to a blog post on Tuesday. The firms have opened applications to these “Fintech 3.0” companies, saying it is looking for themes such as expanding … Read more

HBAR saw a volatile 23-hour stretch between Sept. 22 at 15:00 and Sept. 23 at 14:00, with the token trading in a narrow band between $0.217129 and $0.225507. The session opened with a sharp selloff that dragged prices to $0.217408 before heavy buying activity restored momentum. That rebound was reinforced by strong support at the … Read more

Decentralized exchange (DEX) infrastructure provider Orderly Network introduced a platform for users to launch their own perpetuals DEXs. “Orderly One” allows a perp DEX to be built in a matter of minutes without requiring the writing of any lines of code, Orderly said on X on Tuesday. The new service is aimed at decentralized autonomous … Read more

Much has been made of bitcoin’s underperformance to gold — which Tuesday hit yet another in a long series of records, crossing above $3,800 per ounce for the first time. But gold isn’t the only asset partying while bitcoin stagnates under $115,000. U.S. stocks have also been notching record highs on what seems to be a … Read more

New York-based venture capital firm Archetype has raised $100 million for its third fund aimed at backing early-stage blockchain startups, the firm said. The fund, called Archetype III, is supported by a mix of existing and new institutional investors, including pensions, academic endowments, sovereign wealth funds, and funds of funds. Archetype has a track record … Read more

The U.S. Securities and Exchange Commission is heading toward a year-end goal for its effort to get crypto firms pushing new products under the regulator’s oversight, Chairman Paul Atkins said in a Tuesday interview on Fox Business. The pro-digital assets rhetoric from Atkins is on-brand for his campaign to roll out friendly policies for the … Read more

Wall Street bank Morgan Stanley (MS) is moving deeper into digital assets, announcing a partnership with crypto infrastructure provider Zerohash to allow E*Trade clients to trade bitcoin (BTC), ether (ETH) and solana (SOL) starting in the first half of 2026, Bloomberg reported on Tuesday. Jed Finn, Morgan Stanley’s head of wealth management, told Bloomberg that … Read more

Nasdaq-listed Fold (FLD) said it was teaming up with Stripe and Visa (V) to launch its first bitcoin-only rewards credit card, giving users a simple way to stack sats on everyday purchases. The Fold Bitcoin Credit Card will run on Visa’s network and use Stripe Issuing’s infrastructure, the company said in the Tuesday press release. … Read more

Shares of Semler Scientific (SMLR) closed at $32.06, well below the implied $86.30 takeout value in its announced all-stock acquisition by Strive (ASST), a discount Benchmark analyst Mark Palmers say reflects both skepticism and opportunity in the emerging bitcoin treasury M&A wave. Palmer reiterated its buy rating on Semler while trimming his price target on … Read more

CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index. The CoinDesk 20 is currently trading at 4062.43, up 1.1% (+45.95) since 4 p.m. ET on Monday. Nineteen of the 20 assets is trading higher. Leaders: AVAX (+8.9%) and NEAR (+5.9%). Laggards: BCH (-0.2%) and BTC … Read more

Crypto exchange OKX said it is offering 4.1% yields on USDG in weekly payouts, without staking lockups. OKX is responding to intensifying competition for stablecoin dominance, it said in an emailed announcement on Tuesday. USDG is minted by stablecoin issuer Paxos and is backed 1:1 by U.S. dollars. OKX joined the Global Dollar Network in … Read more

In 1993, the first exchange traded fund was launched. At the time, most of Wall Street shrugged. Mutual funds dominated, brokers reigned supreme, and the idea that investors would flock to a new wrapper for index exposure seemed far-fetched. Three decades later, ETFs have reshaped the way the world invests. 15,000 ETFs hold more than … Read more