Blockonomi

Key Highlights
The PUMP token experienced a 17-20% surge over 24 hours, extending weekly gains to 38%.
The platform has allocated over $466 million toward token buybacks and burns.
Seven-day revenue reached $15.16 million, surpassing Hyperliquid’s $15.06 million.
Price action stalled near $0.0055 after reaching an intraday peak of $0.005366.
SEC released guidance regarding buyback programs and token securities classification on September 25.
The PUMP token from Pump.fun advanced 17% to reach $0.00519 over the last 24-hour trading period. This momentum pushed the seven-day performance to a 38% gain, contrasting sharply with the broader cryptocurrency market’s 1.37% decline to $2.87 trillion in total capitalization.
Pump.Fun (PUMP) Price
During this timeframe, Bitcoin maintained levels around $84,000. Ethereum hovered near $2,677, while XRP traded close to the $1.50 mark.
The price surge correlates directly with Pump.fun’s aggressive buyback strategy. The platform allocates approximately half of its generated revenue to acquire PUMP tokens from the market before destroying them completely.
On September 27, the platform executed a $1.14 million token buyback. This followed a larger $1.46 million repurchase completed one day earlier.
Token Buyback Program Surpasses $460 Million Threshold
Cumulatively, Pump.fun has deployed over $466 million toward its buyback initiative. This aggressive program has eliminated nearly 17% of the total circulating token supply.
The platform witnessed an explosive surge in new token launches, with activity spiking over 25,000% within a 24-hour window. This unprecedented growth directly fueled additional revenue flowing into the buyback mechanism.
Source: Pump.Fun
Market analyst Austin Barack highlighted the magnitude of these expenditures in a recent X post. He referenced a single day with $1.5 million in buybacks supported by $3 million in daily revenue, observing that PUMP’s chart pattern was emerging from its consolidation range. Barack suggested that social trading appears to be in its early growth phase, and matching previous cycle revenue highs could generate daily revenues exceeding $10 million.
According to data from DefiLlama, Pump.fun has now eclipsed Hyperliquid in seven-day revenue generation. The platform recorded $15.16 million over the weekly period, marginally ahead of Hyperliquid’s $15.06 million.
This performance positions Pump.fun as the third-highest revenue generator among monitored cryptocurrency applications. Tether maintained the lead with $121.64 million, while Circle secured second place at $50.40 million.
Regulatory developments added another dimension to the narrative. On September 25, the SEC released staff guidance addressing buyback announcements for non-security tokens operating on functional networks.
The guidance clarified that such announcements don’t inherently indicate managerial efforts under securities regulations. Importantly, this guidance doesn’t specifically classify PUMP or provide any legal safe harbor for Pump.fun.
Technical Analysis Shows Resistance at Critical Levels
PUMP reached an intraday high of $0.005366 on September 28 before encountering selling pressure. The token subsequently retreated to $0.004881, representing a 5.32% decline on the daily timeframe.
This correction occurred after a substantial 20.51% rally from the $0.004500 support zone. Market participants are now monitoring $0.0045 as the immediate support threshold.
Cryptocurrency analyst Altcoin Sherpa offered his perspective on X, observing that PUMP maintained impressive strength over recent trading sessions. He characterized it as a crucial barometer for overall market sentiment, highlighting its historical tendency to lead both upward rallies and downward corrections. Sherpa suggested that a robust continuation of the current move would signal positive momentum for alternative tokens broadly.
$PUMP still looking very strong last few days, this is a key area. I always thought that pump was a key indicator for how the rest of the market would do given it led previously and also pulled back / consolidated. if it has a strong second leg here, I think that's very fruitful… pic.twitter.com/kwuQT5smsA
— Altcoin Sherpa (@AltcoinSherpa) September 28, 2026
Trading activity in derivatives markets intensified significantly. PUMP derivatives volume exploded 198.47% to $1.11 billion, while open interest expanded 17.26% to reach $429.46 million.
Leveraged long positions absorbed liquidations totaling approximately $1.03 million. Meanwhile, short position liquidations amounted to roughly $486,010 during the same window.
Spot market dynamics revealed a contrasting trend. PUMP registered approximately $2.32 million in net spot outflows, indicating more tokens were withdrawn from exchanges than deposited.
The 14-day Average True Range climbed to 0.000475, signaling increased volatility. The Relative Strength Index moderated to 60.77 after touching 65.73, though it remained comfortably above its 54.70 moving average.
A sustained four-hour close above $0.0052 would bring the $0.0055 resistance level into traders’ sights. Breaking through that barrier could establish a pathway toward $0.0060.
Should PUMP decline below $0.0048, market observers anticipate a retest of that threshold. Additional weakness might trigger a move back toward the $0.0045 support area.
The post Pump.fun (PUMP) Surges 20% as Platform’s Buyback Program Exceeds $466M appeared first on Blockonomi.

Key Takeaways
Hackers drained $387.5 million from cryptocurrency platform Bitget on Sept. 24.
NEAR Intents reports its SHIELD security framework successfully prevented over $50 million in illicit fund transfers related to the breach.
A previously unknown vulnerability in third-party security software allowed the hacker to obtain administrator privileges before erasing attack evidence.
The exchange’s $465 million user protection reserve will compensate all losses, with plans to replenish it to $300 million minimum within seven days.
Decentralized protocol THORChain rejected requests to blacklist addresses associated with the perpetrator, citing its non-censorship policy.
Cryptocurrency trading platform Bitget suffered a devastating security breach Thursday resulting in the theft of $387.5 million. The perpetrator rapidly distributed the stolen assets across multiple blockchain networks within hours of the initial compromise.
NEAR Intents, a cross-chain asset exchange protocol, reports successfully preventing a significant portion of the pilfered funds from being laundered. According to general manager Alex Shevchenko, the platform’s SHIELD security infrastructure identified and halted over $50 million in transfer attempts linked to the security incident.
https://t.co/ssemequW8t
— Alex Shevchenko (@AlexAuroraDev) September 28, 2026
Shevchenko disclosed that the system successfully immobilized $503,000 during transit. However, approximately $166,000 in potentially stolen cryptocurrency evaded detection.
Anatomy of the Bitget Security Breach
Bitget’s CEO Gracy Chen provided a detailed chronology of the attack during a conversation with The Block. According to Chen, the perpetrator initiated two preliminary test transactions at 6:31 p.m. UTC on Sept. 24.
These initial transfers consisted of 0.184 ETH and 193 TRX. Both amounts fell below Bitget’s risk detection thresholds, allowing them to process without triggering security alerts.
Approximately half an hour later, the hacker executed substantially larger withdrawals. Chen revealed that 17 separate transactions spanning eight distinct networks—Ethereum, XRP, Zcash, BNB Chain, Base, Arbitrum, Optimism, and Avalanche—collectively totaled approximately $361 million.
The exchange’s response was swift. Its reconciliation infrastructure detected discrepancies just seven minutes following the first major withdrawal, prompting Bitget to immediately suspend all customer withdrawals across the entire platform.
By that point, the perpetrator had already compromised an internal administrative interface. Chen explained that the intruder leveraged an undisclosed zero-day vulnerability in external security software to acquire legitimate administrator credentials.
This elevated access enabled the attacker to inject fraudulent withdrawal requests into Bitget’s wallet infrastructure, which processed them as legitimate transactions. The perpetrator subsequently erased digital forensic evidence, which Chen described as the most challenging aspect of the investigation.
According to Bitget, private keys and cold storage facilities remained uncompromised. The organization is collaborating with cybersecurity firms Mandiant and SlowMist and intends to publish a comprehensive incident analysis later this week.
While Chen declined to identify potential suspects, she indicated that Bitget suspects the same organization responsible for multiple recent cryptocurrency heists.
Contrasting Responses from NEAR Intents and THORChain
This security incident has reignited discussion regarding how permissionless cryptocurrency protocols should address stolen assets. Chen requested that THORChain, a decentralized exchange protocol, blacklist wallet addresses connected to the perpetrator.
THORChain Rejects Bitget’s Call to Block Attacker Funds After $387.5M Hack
THORChain responded to Bitget after CEO Gracy Chen called on the protocol to refuse service to addresses linked to attackers from Bitget’s September 24 security breach, which involved about $387.5 million… pic.twitter.com/hAhoCJKniv
— Wu Blockchain (@WuBlockchain) September 28, 2026
THORChain refused the request. The protocol stated it does not implement selective transaction censorship, although it has previously suspended network operations during critical emergencies.
NEAR Intents adopted a contrasting approach. Shevchenko confirmed his platform will proactively prevent stolen cryptocurrency from transiting through its infrastructure.
He additionally announced that NEAR Intents will forgo the 5% bounty Bitget offered for freezing assets, along with an additional 5% for recovery, enabling maximum funds to return to the exchange. Separately, stablecoin issuers Circle and Tether froze a wallet connected to the perpetrator on Friday, restricting access to $318,013 in USDT and USDC.
As of Sept. 25, Bitget’s protection fund maintained a balance of $465 million and will cover all losses. Chen stated that corporate reserves exceeding $1.4 billion will restore the fund to a minimum of $300 million within seven days.
Bitcoin withdrawal functionality on Bitget resumed Monday, processing over 3,000 BTC during the initial hour. Ethereum withdrawals are scheduled to reopen Sept. 29.
The post NEAR Protocol Halts $50M in Stolen Crypto After Bitget’s $387M Security Breach appeared first on Blockonomi.

Key Takeaways
QNT token skyrocketed from approximately $60 to over $370 within a week, marking a spectacular 300%+ increase.
The Clearing House selected Quant’s technology for its tokenized deposit infrastructure, processing over $2 trillion daily for 25 American financial institutions.
Major UK financial institutions such as Barclays, HSBC UK, Lloyds, and Santander executed real-time transactions using Quant’s tokenized sterling deposit platform.
Daily trading volumes exceeded $1 billion, while short sellers faced liquidations totaling $17.2 million.
Technical analysts identify resistance around $300, while the previous record high of $428 emerges as the next potential target.
The Quant (QNT) token experienced an extraordinary surge this week, climbing from roughly $60 to beyond $370—representing gains exceeding 300%. Daily trading activity simultaneously exploded past the $1 billion threshold.
Quant (QNT) Price
Quant operates as a blockchain interoperability platform, specializing in technology that bridges disparate blockchain networks and traditional financial infrastructure. This enables financial institutions to seamlessly transfer tokenized assets across multiple systems.
The explosive price movement initiated following The Clearing House’s announcement on September 24 selecting Quant as their technology partner. This influential organization processes daily settlements exceeding $2 trillion for 25 prominent United States banking institutions.
Under the partnership terms, The Clearing House will integrate Quant’s infrastructure into its On-Chain Money Initiative. This revolutionary network will bridge tokenized bank deposits with established payment systems like RTP and CHIPS, targeting deployment during the first half of 2027.
Cryptocurrency analyst Ted Pillows highlighted the dramatic movement on X, observing that $QNT had tripled within seven days. He emphasized Quant’s integration into Murex MX.3 software—utilized by 65 among the world’s top 100 banking institutions—and noted the European Central Bank’s selection of Quant for digital euro testing initiatives. Additionally, he observed the QNT chart breaking through a five-year descending trend line.
$QNT just had an insane rally, up 3x this week.
Here's what's happening:
The Clearing House, which settles $2 trillion a day for 25 major US banks, picked Quant for its on-chain money network.
Quant is now built into Murex MX.3, the software running 65 of the world's 100… pic.twitter.com/8QJptc3JF1
— Ted (@TedPillows) September 27, 2026
International banking collaborations have expanded significantly beyond American borders. Several prominent UK banking institutions, comprising Barclays, HSBC UK, Lloyds, and Santander, successfully executed operational transactions utilizing tokenized sterling deposits constructed on Quant’s technological framework.
Global Expansion and Strategic Alliances
Within the Japanese market, Quant established a strategic partnership with Dentsu Soken focused on enabling programmable digital currency and tokenized deposit functionality. Dentsu Soken maintains connectivity with critical settlement infrastructure including BOJ-NET, SWIFT, and CLS networks.
Quant has collaborated with both the Bank for International Settlements and the Bank of England on Project Rosalind, conducting experimental trials of API frameworks designed for retail central bank digital currency payment systems.
The European Central Bank designated Quant as a pioneer partner within its digital euro initiative, concentrating on developing conditional payment mechanisms and advanced programmability capabilities.
Market Dynamics Fueling the Rally
Concurrent with the partnership announcements, QNT’s derivatives market demonstrated robust activity. Open interest positions climbed to $63.65 million, while futures cumulative volume delta rose to 10.37K, indicating substantial buying momentum within futures trading.
Approximately $17.2 million worth of short positions faced liquidation within a 24-hour period. Spot cumulative volume delta remained in negative territory at -68.48K, suggesting spot market purchasing hasn’t yet aligned with futures market enthusiasm.
Santiment Intelligence monitored large holder behavior, documenting that QNT registered 645 whale-sized transactions valued at minimum $100,000 each during a single day—establishing an unprecedented record for the token. The analytics firm attributed this extraordinary activity to The Clearing House announcement, observing that GRT experienced comparable attention simultaneously.
$QNT and ethereum:0xc944e90c64b2c07662a292be6244bdf05cda44a7 are suddenly getting serious whale attention. QNT has roughly 4x’d during its late-September run, while 645 whale transactions worth at least $100K just hit the network in one day, the highest level ever recorded on… pic.twitter.com/fF7JZgYdaX
— Santiment Intelligence (@SantimentData) September 28, 2026
Technical analysis reveals resistance clustering between $286 and $300. A decisive breakout above this critical zone could establish a pathway toward Quant’s historical peak of $428.
Market observers are monitoring the $200 to $210 range as crucial support should momentum decelerate. Reclaiming territory above $428 would bring the psychological $500 milestone into consideration for the inaugural time.
According to the latest market data, QNT was trading around $233 following an intraday peak of $368, with CoinGecko recording approximately 189% gains across the seven-day period.
The post Quant (QNT) Explodes 300% Following Major Clearing House Partnership Announcement appeared first on Blockonomi.

TLDR
XRP maintains its position around $1.50 while respecting an uptrend line established from August’s bottom.
Technical charts reveal a crucial resistance barrier between $1.58-$1.65 and underlying support around $1.20-$1.25.
Approximately $75.6 million flowed into U.S. spot XRP ETFs during the week of Sept. 21-25.
Total ETF assets reached approximately $1.68-$1.77 billion, while aggregate inflows approached $1.79 billion.
The XRP Ledger’s BatchV1_1 enhancement has been pushed back to at least Oct. 9.
XRP continues to hold ground near the $1.50 mark following another turbulent September trading session. Market participants remain committed to protecting the upward momentum that initiated in August.
XRP Price
The most recent daily candlestick formation began around $1.496 and climbed to approximately $1.508. XRP maintained stability near $1.503, reflecting a modest 0.4% daily gain.
The broader price framework demonstrates improved strength compared to earlier summer months. XRP established its floor close to $1.00 in August before initiating an upward trajectory characterized by consecutive higher lows.
This recovery phase elevated price action beyond $1.40 and into a resistance area that has repeatedly limited upward momentum throughout this year.
XRP Bulls Face $1.60 Resistance
The primary obstacle visible on daily timeframes resides around $1.58-$1.65. XRP has already challenged this region multiple times throughout September, including a temporary advance above $1.60.
Source: TradingView
The present price action near $1.50 positions XRP beneath that resistance threshold while maintaining its ascending trend line. A confirmed daily close beyond $1.60 would clear the path toward the $1.65-$1.70 region.
For downside scenarios, the trend line provides initial support. Further below, the wider $1.20-$1.25 area represents the critical support foundation.
Momentum indicators have moderated but remain constructive. The daily RSI registers at 57.14, positioned above the neutral 50 threshold yet comfortably below overbought conditions.
MACD indicators also maintain positive readings. The MACD line hovers near 0.0509 compared to a signal line around 0.0489, with the histogram displaying a slight positive value at 0.0020.
Cryptocurrency analyst Crypto Rover highlighted this identical resistance area in a recent social media update. He indicated that once XRP breaks through these levels, “it will soar,” connecting his forecast directly to the $1.58-$1.65 ceiling that market participants are monitoring.
Once $XRP clears these resistance levels…
IT WILL SOAR! pic.twitter.com/cXEhWmAPHr
— Crypto Rover (@cryptorover) September 28, 2026
XRP ETF Inflows Remain Positive
Institutional appetite via U.S. spot XRP ETFs continues to demonstrate strength. The investment vehicles absorbed approximately $75.59 million throughout the Sept. 21-25 trading week, according to SoSoValue analytics.
JUST IN: Canary ETF clients buy $3.96 million worth of $XRP. pic.twitter.com/IpSBz5lXi1
— Whale Insider (@WhaleInsider) September 29, 2026
Bitwise dominated with roughly $58.99 million in contributions, while Franklin Templeton contributed approximately $16.60 million. Aggregate XRP ETF inflows climbed near $1.79 billion.
Combined net assets positioned near $1.77 billion at that week’s conclusion. The latest daily flow metrics indicated an additional $3.96 million inflow, primarily driven by Canary’s XRPC fund.
Net assets throughout the ETF landscape settled near $1.68 billion based on the most current data.
The blockchain network also faces an upcoming technical development. The XRP Ledger’s BatchV1_1 enhancement, designed to bundle up to eight interconnected transactions for simultaneous settlement or failure, has been postponed to at least Oct. 9 following a temporary reset in validator approval.
Ripple has indicated that institutional asset managers and enterprise-level initiatives are positioning themselves to leverage the Batch functionality upon activation, particularly for delivery-versus-payment settlement processes.
The post XRP Price Eyes Breakout Above $1.60 as Analyst Predicts Major Rally appeared first on Blockonomi.

Key Highlights
Chainlink introduced CCIP 2.0, an enhanced bridge solution enabling organizations to implement additional security layers for cross-blockchain transactions.
The rollout follows five months after LayerZero’s rival bridge suffered a $292 million exploit affecting Kelp DAO.
A new framework will enable banking institutions to interface with Swift’s distributed ledger using Chainlink’s Runtime Environment (CRE).
Financial institutions maintain ownership of their transaction authorization credentials in the Swift arrangement instead of delegating them to Chainlink.
LINK hovers around $15.20, with market observers suggesting potential for significant upside following an extended consolidation phase.
On Monday, Chainlink unveiled a significant enhancement to its cross-blockchain bridge infrastructure. The platform, designated CCIP 2.0, empowers organizations to integrate customized security protocols for inter-chain asset movements.
$LINK is up 7.8% today, outperforming the broader market following the launch of its CCIP 2.0. pic.twitter.com/o9vnlT8cO9
— CoinGecko (@coingecko) September 29, 2026
The network has established its reputation primarily as a decentralized oracle solution. It delivers external information streams, including market prices, to blockchain platforms that power decentralized finance applications.
CCIP builds upon this foundation by facilitating digital asset and data transfers between separate blockchain networks. Because blockchain ecosystems operate in isolation, bridge technology requires independent validators to authenticate transactions before value can migrate.
When validators are compromised, malicious actors can extract assets without legitimate deposits. This vulnerability materialized in April’s major incident.
Threat actors associated with North Korea’s Lazarus Group extracted approximately $292 million worth of rsETH from Kelp DAO. The compromised bridge operated on LayerZero, a Chainlink competitor, and depended on a solitary validator.
LayerZero maintained that Kelp DAO should have deployed multiple validators. Kelp DAO countered that LayerZero personnel examined their configuration without flagging concerns.
With CCIP 2.0, organizations can now select supplementary validators, whether operating their own infrastructure or contracting third-party services. These additional layers complement Chainlink’s core network of 16 autonomous node operators.
“Traditional bridge solutions have hemorrhaged billions through vulnerable infrastructure,” stated Johann Eid, chief business officer at Chainlink Labs. Current implementations will continue functioning without modifications, according to the announcement.
Banking Sector Integration Through Swift
Chainlink simultaneously revealed a new infrastructure enabling financial institutions to access Swift’s blockchain-based ledger system. The Chainlink Runtime Environment manages operational flows between traditional banking platforms and the distributed ledger.
TODAY: Chainlink announced it is working to enable financial institutions to connect to @swiftcommunity’s blockchain ledger through the Chainlink platform.
Swift moves the equivalent of the world's GDP roughly every three days pic.twitter.com/ntIHTlOwH3
— Chainlink (@chainlink) September 28, 2026
Banking partners retain control over the cryptographic keys that validate their transactions. Chainlink CEO Sergey Nazarov expressed enthusiasm about “supporting the Swift ledger.”
Swift’s distributed ledger accommodates tokenized bank deposits that remain on individual institutions’ balance sheets. Ultimate settlement continues through established infrastructure such as real-time gross settlement networks.
Global Banks Launch Testing Phase
Seventeen financial institutions spanning six continents are initiating trial programs, featuring major players like HSBC, Citi, UBS, and Wells Fargo. Swift reported that its broader network already facilitates connections among more than 11,500 institutions operating in over 200 countries.
Market analyst Albie, posting under the handle @linkchainlink, suggested that LINK appears “ready for $100+” following what the commentator characterized as a six-year accumulation phase. The analysis emerged during the same week Chainlink announced both its bridge upgrade and banking initiatives.
Looks like $LINK is ready for $100+
6 year consolidation pic.twitter.com/s09H4XTvFg
— Albie (@linkchainlink) September 26, 2026
At press time, LINK was exchanging hands at $15.20.
The post Chainlink (LINK) Unveils CCIP 2.0 Security Boost and Swift Banking Integration as Price Hovers at $15 appeared first on Blockonomi.

TLDR
A Senate Democratic report alleges that USDT serves as a primary mechanism for Iranian sanctions circumvention.
According to the findings, Iran’s unofficial banking channels facilitated approximately $2 billion in transactions during the previous year.
Tether reports assisting in the freezing of nearly $550 million in Iran-associated USDT throughout 2026.
Analysis revealed that 84% of 846 sanctioned cryptocurrency wallets connected to Iran dealt predominantly in USDT.
Senator Richard Blumenthal demands Treasury and Justice Department probes into the matter.
A report published Monday by Senate Democrats contends that Iran has leveraged the USDT stablecoin as a critical instrument to circumvent American economic sanctions.
Tether Says It Has Helped Freeze Nearly $550M in Iran-Linked USDT in 2026
Tether said it has supported U.S. law enforcement and sanctions authorities in freezing approximately $550 million in USDT linked to Iran’s central bank and sanctions networks in 2026. This included more… pic.twitter.com/krjYfTC4od
— Wu Blockchain (@WuBlockchain) September 28, 2026
The document originates from Democratic members serving on the Senate’s Permanent Subcommittee on Intelligence. Their assessment suggests that Tether’s dollar-backed digital currency facilitates Iranian financial activity beyond conventional banking oversight.
The findings characterize USDT as an essential component of Iran’s alternative financial infrastructure. Researchers assert this network handled substantial transaction volumes associated with Iranian entities.
Congressional investigators estimate that Iranian governmental operations accounted for roughly $2 billion in transactions during the prior year using this system. The report stops short of quantifying total USDT usage comprehensively.
The analysis further alleges Tether has shown inadequate enforcement against Iranian-connected cryptocurrency wallets. According to the report, prior to 2024, the company demonstrated inconsistent action in freezing wallets identified by counterterrorism authorities.
This enforcement vacuum, investigators contend, enabled organizations like Hamas to transition from Bitcoin and alternative cryptocurrencies to USDT.
Congressional Findings on Iranian Cryptocurrency Activity
The investigation examined 846 sanctioned cryptocurrency wallets with documented Iranian connections. Analysis showed 84% of these addresses conducted transactions almost entirely in USDT.
This discovery prompted Senator Richard Blumenthal to demand federal intervention. He’s requesting the Treasury and Justice Departments launch investigations into potential sanctions violations involving the stablecoin.
The congressional assessment positions Iran’s USDT utilization within a broader cryptocurrency compliance challenge. Lawmakers argue these digital assets are weakening American and international efforts to constrain Iranian regional operations.
Tether Counters Allegations With Enforcement Data
Tether issued a rebuttal via a blog post Monday afternoon. The company asserts it has facilitated approximately $550 million in Iran-related asset freezes during the current year.
According to Tether, the company froze over $130 million in USDT spanning four separate wallets in 2026. Additionally, it immobilized more than $344 million tied to the Central Bank of Iran in April.
CEO Paolo Ardoino rejected characterizations of USDT as a sanctuary for sanctioned entities. He emphasized Tether’s multi-year collaboration with law enforcement agencies to identify and halt illegal activities.
The company claims its global law enforcement partnerships have resulted in more than $4.9 billion in total frozen assets. Within that figure, approximately $2.4 billion relates to U.S. agency requests.
Ardoino referenced collaborative efforts with the DOJ, FBI, Secret Service, HSI, and OFAC. He stated these organizations have consistently relied on Tether’s assistance for tracing, freezing, and asset recovery operations.
He concluded that Tether remains committed to providing these enforcement capabilities to governmental authorities. The objective, according to Ardoino, is combating terrorism financing, sanctions violations, fraud, and other cryptocurrency-related criminal activity.
The Senate investigation and Tether’s rebuttal represent the most recent developments in continuing discussions regarding stablecoin usage and regulatory oversight globally.
The post Tether Pushes Back Against Senate Accusations of Iran Sanctions Evasion via USDT appeared first on Blockonomi.

Key Highlights
BTC maintains support near the $83,000 level following last week’s retreat from $87,000.
Zcash (ZEC) plummeted 12% to approximately $1,380, marking the largest decline among leading cryptocurrencies.
Surging crude oil prices and climbing Treasury yields are intensifying speculation of additional Federal Reserve tightening.
Spot Bitcoin ETFs recorded $2.39 billion in net inflows during the past week, marking the strongest performance since October 2025.
Solana-focused ETFs achieved unprecedented weekly inflows totaling $188 million.
Bitcoin maintained its position near $83,000 during Tuesday’s trading session as climbing crude oil prices and elevated bond yields weighed on cryptocurrency valuations. Market participants remain focused on potential Federal Reserve policy adjustments.
Bitcoin (BTC) Price
The leading digital asset experienced a modest decline of less than 1%, settling just above $83,100 during Asian trading hours. This level represents a test of the previous week’s lower boundary.
After briefly surpassing $87,000 last week, Bitcoin has since retraced. This downturn has cascaded throughout alternative cryptocurrency markets.
Zcash experienced a sharp 12% decline to roughly $1,380, representing the most significant percentage loss among prominent digital assets monitored by CoinDesk. Both Solana and HYPE registered losses ranging from 3% to 4%.
Dogecoin decreased 3% while Binance Coin shed 2%. Ripple’s XRP also declined nearly 2%.
Ethereum and Tron remained relatively stable. ETH traded around $2,670, while SOL held near $118 following an impressive two-month rally.
Mid-cap tokens exhibited mixed performance. The Graph’s native token GRT surged 18% and Immutable X’s IMX advanced nearly 10%.
Uniswap and Bitcoin Cash each declined approximately 10%, while DASH retreated 7%. The aggregate cryptocurrency market capitalization stood near $2.86 trillion.
A prominent sentiment gauge registered 74 out of 100 on Monday, approaching but not reaching the “extreme greed” threshold.
Bond Markets and Energy Costs Weigh on Bitcoin
Primary headwinds for cryptocurrency assets stem from fixed income markets and energy sector dynamics. The benchmark 10-year Treasury yield advanced to approximately 5.25%, marking its highest point since 2007.
Elevated risk-free returns from government securities increase the opportunity cost of holding non-yielding assets like bitcoin.
Brent crude advanced over 1% to approach $107 per barrel, marking consecutive daily gains. Diminishing prospects for diplomatic progress with Iran sustained supply uncertainty.
Rising energy costs contribute to inflationary pressures. Market participants have increased wagers on a potential Federal Reserve rate increase in October.
Nasdaq 100 futures declined 0.3% following Monday’s technology-driven equity market selloff. Attention now shifts to Wednesday’s PCE inflation release, the Federal Reserve’s preferred price gauge.
Institutional Buying Continues Despite Price Weakness
Institutional appetite for Bitcoin has remained resilient despite recent price softness. United States-listed spot Bitcoin ETFs accumulated approximately $2.39 billion in net inflows during the previous week, representing the strongest weekly performance since October 2025.
BlackRock’s IBIT captured roughly $1.2 billion of these capital flows. The divergence between accelerating ETF demand and declining prices indicates broader market selling is currently overwhelming institutional accumulation.
Solana ETFs similarly posted exceptional weekly results. All seven available products attracted capital, combining for $188 million.
Bitwise’s BSOL dominated the category with approximately $128 million. The funds captured an additional $12.7 million on September 28, continuing the momentum.
Market volatility has intensified alongside price fluctuations. Leveraged cryptocurrency positions worth over $500 million were liquidated during a 24-hour period.
The $83,000 level has emerged as a critical near-term reference point for bitcoin. A recovery toward the $85,000 to $87,000 range would bring recent peaks back into consideration, whereas a break below $83,000 could intensify selling pressure ahead of Wednesday’s inflation data release.
The post Bitcoin (BTC) Hovers at $83K as Treasury Yields Surge and ETF Demand Accelerates appeared first on Blockonomi.

Key Takeaways
Solana retreated from the $125 level and currently hovers around $118 support.
The breakdown below an ascending trendline has flipped $120-$121 into a resistance zone.
Technical analyst Sweep anticipates a brief correction before potential movement toward $150.
The network’s stablecoin holdings reached an all-time high of $17 billion, climbing over 5% within seven days.
Exchange-traded funds accumulated 2.32 million SOL tokens in the last fortnight, valued at approximately $278 million.
Solana (SOL) experienced a setback following its inability to maintain momentum above the $125 threshold. The cryptocurrency is currently hovering around $118, where it’s encountering a crucial support boundary.
Solana (SOL) Price
Market participants now face a pivotal decision. Maintaining this price floor could stabilize the asset, while failure to do so may trigger a more substantial decline toward the $100-$105 region.
Technical analyst Jesse Peralta examined the price movement using a two-hour timeframe. His analysis revealed that SOL breached its upward-sloping trendline around $120-$121, effectively converting this area into a barrier for future upward attempts.
Looking out for a strong base above $100 levels for solana:So11111111111111111111111111111111111111112
I want to see that base so we can start challenging upside more strongly
Base and target $150 > $200 pic.twitter.com/bNGufFU0XD
— Jesse Peralta (@jesseperalta) September 28, 2026
This trendline had previously underpinned SOL’s ascent from approximately $96. Its violation suggests diminishing bullish momentum in the near term.
The $115-$118 range now represents the primary defensive barrier. Successfully maintaining this zone could enable SOL to establish a fresh foundation before attempting another upward move.
Technical Outlook Points to Temporary Retracement Before $150 Target
Solana is approaching an extensive high-volume trading band spanning $120 to $200. This zone has historically witnessed significant market activity, establishing it as a formidable resistance area to overcome.
Market analyst Sweep forecasts a brief downward correction in the coming days. He suggests a possible descent toward $100-$105 before SOL initiates another attempt at reaching $150.
Sweep also highlighted a notable surge in SOL long positions on Bitfinex, which climbed dramatically to approximately 84,398 contracts. According to his assessment, this uptick indicates traders are positioning themselves for an upward reversal.
While the data doesn’t differentiate between retail investors and institutional players, it clearly demonstrates increased market participation favoring a price recovery.
Network Fundamentals Remain Robust Amid Price Volatility
The stablecoin ecosystem on Solana has expanded beyond $17 billion, establishing a fresh benchmark. This represents a surge exceeding 5% within just seven days, introducing over $800 million in additional liquidity to the network.
Meanwhile, worldwide money supply reached an unprecedented $103.66 trillion in August. Central banks including the Federal Reserve, European Central Bank, Bank of Japan and People’s Bank of China collectively injected approximately $1 trillion during that period.
Solana-focused ETFs acquired 2.32 million SOL tokens, representing nearly $278 million in value, throughout the past fourteen days. Combined ETF holdings have now reached $2.283 billion.
Solana commands the altcoin spot ETF sector. According to information shared by Jesse Peralta, SOL captures 46% of trading activity, surpassing Zcash at 27%, XRP at 12% and Hyperliquid at 11%.
Market commentator Gordon Gekko weighed in on the accumulation pattern. He noted that the initial strategy involved acquiring SOL below $80, but now the focus has transitioned to building positions under $120, describing the upcoming phase as “the real move.”
The goal was to stack as much $SOL as possible under $80.
Now it's to accumulate under $120.
The next leg is the real move.
Do you understand? pic.twitter.com/im6CGvxBER
— Gordon (@GordonGekko) September 28, 2026
A significant whale transaction also put SOL’s stability to the test. Whale Alert identified a transfer of 500,000 SOL tokens to Binance on September 26, representing roughly $60.5 million at an average price near $121.
Remarkably, SOL showed minimal reaction to this substantial sale. The asset concluded that trading session with only a 0.3% decline and subsequently gained 0.4% the next day.
The critical price levels currently under observation include $115-$118 as support and $120-$125 as resistance. A breakdown beneath $100 would potentially expose the $90-$80 range.
According to current market data, SOL is trading at $118.17, representing a 2.99% decrease over the previous 24-hour period.
The post Solana (SOL) Faces Critical Test at $118 After $125 Resistance Blocks Rally appeared first on Blockonomi.

Key Highlights
The crypto platform and major bank are building on their October 2025 agreement to deliver advanced stablecoin payment infrastructure for enterprises.
The exchange will leverage Citi’s Virtual Account Wallet technology to support its Virtual Accounts offering for business users.
Corporate clients of the banking institution can now receive stablecoin transactions via Spring by Citi, with the crypto firm managing conversions.
Initial deployment begins across U.S. markets, with additional capabilities expected in subsequent months.
The banking giant is simultaneously developing independent tokenized payment systems in Japan and the UAE.
The cryptocurrency exchange and one of America’s largest financial institutions are deepening their partnership focused on enterprise stablecoin payment solutions. The collaboration, initially unveiled in October 2025, aimed to bridge conventional banking systems with digital asset technology.
We're bringing stablecoins into the banking system with @Citi.
That means instant stablecoin acceptance for institutions – all on bank-grade, regulated infrastructure.
The next step for stablecoins becoming everyday money. pic.twitter.com/9ftQ50yl5y
— Coinbase (@coinbase) September 28, 2026
The latest development introduces enhanced functionalities for both organizations. Business customers across both platforms will gain expanded capabilities to transition seamlessly between fiat currencies and blockchain-based stablecoins.
Technical Payment Framework
The cryptocurrency platform will integrate Citi’s Virtual Account Wallet infrastructure to enable its own Virtual Accounts service. This solution allows corporate users to receive, store, and distribute traditional currency through a streamlined interface.
Deposits can be programmatically transformed into stablecoins upon receipt. This functionality provides enterprises with a banking-style account interface while eliminating the complexity of direct cryptocurrency management.
Conversely, the bank’s corporate customers will gain the ability to receive stablecoin transactions through their Spring by Citi digital platform. The crypto exchange will operate the underlying blockchain payment infrastructure.
The exchange will subsequently transform these digital currencies back into traditional money. The banking institution completes final settlement as the official financial intermediary, ensuring merchants maintain their existing reconciliation workflows.
This architecture enables major corporations to accept blockchain-based payments without developing proprietary distributed ledger technology. Simultaneously, consumers can select stablecoins during transactions while vendors receive conventional currency deposits.
Executive Perspectives
Debopama Sen, who leads payment operations at the financial institution, emphasized the bank’s commitment to building payment infrastructure that functions across conventional and blockchain-based ecosystems. She characterized the objective as creating “seamless” and “interoperable” transaction systems.
Alec Lovett, overseeing infrastructure products at the crypto platform, highlighted how the collaboration delivers businesses with rapid and regulation-compliant connections between traditional and digital currencies. He noted users can navigate between systems without maintaining multiple payment infrastructures.
Brett Tejpaul, leading institutional services at the exchange, explained the agreement links the platform’s users with enterprise-quality traditional banking infrastructure. He emphasized that the bank’s clients can now transact using stablecoins without constructing independent blockchain systems.
The crypto exchange’s CEO Brian Armstrong previously addressed the broader collaboration during its initial announcement last year. He characterized stablecoins as emerging standard instruments for modernizing worldwide financial infrastructure.
These enhanced offerings will debut initially throughout the United States. Both organizations indicated that additional institutional payment capabilities are anticipated in forthcoming months.
The banking institution is concurrently developing proprietary tokenized payment infrastructure independent of this partnership. The bank has already launched blockchain-powered token services across Japan and the United Arab Emirates.
The financial institution has also revised its 12-month valuation projections for Bitcoin and Ethereum. This adjustment demonstrates the bank’s continued attention to cryptocurrency markets alongside its payment infrastructure initiatives.
The enhanced collaboration maintains both organizations’ emphasis on connecting regulated traditional banking systems with stablecoin technology. For the immediate future, the United States serves as the launch market before potential international expansion.
The post Coinbase (COIN) and Citigroup Deepen Stablecoin Payment Integration for Corporate Clients appeared first on Blockonomi.

Key Takeaways
On September 28, the CFTC granted Coinbase Clearing LLC status as a registered derivatives clearing organization.
This authorization finalizes Coinbase’s comprehensive U.S. derivatives infrastructure, encompassing exchange operations, brokerage services, and clearing functions.
The clearinghouse is restricted to processing fully collateralized instruments including futures, options on futures, and swaps—excluding leveraged offerings.
USDC will serve as the collateral base, enabling continuous settlement operations beyond traditional market hours.
Margin-based derivatives and upcoming single-stock perpetual contracts will continue utilizing external clearing arrangements.
Shares of Coinbase (COIN) declined approximately 2% following the platform’s announcement of achieving a significant regulatory breakthrough. The stock movement occurred as the cryptocurrency exchange disclosed completion of its United States derivatives framework.
The CFTC has approved the launch of Coinbase Clearing LLC, our own USDC-native clearinghouse.
Built for 24/7 settlement with USDC collateral, Coinbase Clearing completes our full stack of regulated derivatives infrastructure. pic.twitter.com/uLD7pSNUPj
— Coinbase Markets (@CoinbaseMarkets) September 28, 2026
On September 28, the Commodity Futures Trading Commission designated Coinbase Clearing LLC as a registered derivatives clearing organization. This designation enables the platform to list, facilitate, and clear derivatives instruments completely through internal operations.
The approval represents the final component of three distinct regulatory authorizations for Coinbase’s derivatives operations. The exchange had previously secured status as both a futures commission merchant and a designated contract market.
Understanding the Clearinghouse Authorization
The scope of Coinbase Clearing is limited to fully collateralized instruments. This encompasses futures contracts, options on futures, and swap agreements that maintain complete dollar-for-dollar backing.
Trade settlement will occur through USDC collateral. According to Coinbase, this framework enables round-the-clock settlement capabilities, unrestricted by conventional market operating hours.
Products involving leverage or margin trading fall outside this authorization’s parameters. These instruments will continue processing through third-party clearing arrangements.
According to Coinbase general counsel Molly Abraham, the approval represents the culmination of the firm’s comprehensive derivatives infrastructure buildout. She emphasized that it enables utilization of native USDC collateral alongside uninterrupted settlement services.
The regulatory review spanned almost twelve months. Coinbase submitted its Coinbase Clearing application on November 14, 2025.
Prior to receiving this authorization, Coinbase Derivatives utilized Nodal Clear for clearing services. This partnership remains active for instruments falling beyond the new DCO’s jurisdiction.
Coinbase Derivatives has evolved through multiple iterations and identities. Originally launched as LMX Labs before rebranding to FairX, Coinbase acquired the operation in 2022.
Implications for Coinbase’s Future Offerings
Coinbase has not disclosed which instruments will initially migrate to its proprietary clearinghouse. Additionally, no timeline has been provided for product launches under Coinbase Clearing operations.
Among the products awaiting deployment are single-stock perpetual instruments. The exchange has submitted applications for over 50 such contracts linked to corporations like Nvidia, Microsoft, and Tesla.
These equity-based perpetuals will continue operating through current clearing partnerships rather than Coinbase Clearing. The new authorization does not yet encompass this business segment.
Competing platform Kraken, operating through its parent entity Payward, has proposed a comparable arrangement utilizing Bitnomial Exchange and NinjaTrader Clearing. That initiative would integrate with Hyperliquid’s on-chain order book infrastructure, though it awaits regulatory clearance.
Coinbase has not disclosed plans regarding potential Hyperliquid integration. Any such development remains speculative at this stage.
Coinbase Clearing now appears in the CFTC’s registry among a select cohort of entities authorized for fully collateralized instruments. This group includes Gemini Olympus, Electron Exchange DCO, ProphetX, and Polymarket Clearing.
Going forward, Coinbase indicates it will progressively expand its fully collateralized product offerings. No specific roadmap for upcoming launches has been made public.
The post Coinbase (COIN) Stock: CFTC Grants Clearinghouse Approval for Derivatives Trading appeared first on Blockonomi.

Key Highlights
Franklin Templeton has integrated its Benji platform with Bybit, enabling institutional investors to pledge fund shares as off-exchange collateral for crypto trades.
Through ByCustody, clients gain access to USDC or USDT credit facilities while maintaining ownership of their fund positions.
As of August 31, the Franklin OnChain U.S. Government Money Fund managed $686.64 million in net assets.
The partnership includes plans for a wallet-integrated tokenized solution leveraging the Mantle blockchain.
As of August 31, Franklin Templeton oversaw $1.83 trillion in total assets under management.
Franklin Templeton has extended its blockchain-based fund offerings to Bybit, creating new opportunities for institutional investors to utilize tokenized assets as trading collateral.
Building with @Bybit_Ins.
Bybit and Franklin Templeton Form Strategic Collaboration to Expand Access to Tokenized Investing
The wider collaboration launches with a new off-exchange collateral program that unlocks trading liquidity for institutional clients, alongside… pic.twitter.com/tjgglM0YwQ
— Franklin Templeton Digital Assets (@FTDA_US) September 28, 2026
The collaboration, unveiled on September 28, bridges Franklin Templeton’s Benji Technology Platform with ByCustody, Bybit’s institutional custody solution.
The arrangement allows institutions to deposit money market fund shares issued through Benji. These assets remain secured in custody, separate from the exchange infrastructure, while supporting credit availability for trading activities.
Participating clients receive credit lines denominated in USDC or USDT. This mechanism enables active trading on Bybit’s platform without liquidating underlying fund positions.
The framework ensures clients continue generating returns from their fund holdings. Simultaneously, they obtain stablecoin-based credit for market participation.
Understanding the collateral mechanism
ByCustody maintains custody of the pledged assets separate from exchange operations. A mirrored valuation system continuously monitors asset worth and adjusts available trading capacity accordingly.
Bybit has previously incorporated other tokenized real-world assets into its collateral framework. Earlier in June, a quantitative trading firm utilized UBS’s tokenized money market product via Bybit and ByCustody services.
According to Yoyee Wang, Bybit’s global head of RWA and TradFi, institutional market participants demand operational flexibility paired with risk management comparable to conventional finance. Wang noted this offering enables clients to leverage SEC-regulated financial products while maintaining capital deployment strategies.
The Franklin OnChain U.S. Government Money Fund serves as the foundation for this collateral program. The fund allocates capital primarily to U.S. Treasury securities, liquid cash positions, and repurchase agreements.
Net assets reached $686.64 million as of August 31. The fund delivered a seven-day yield of 3.57 percent as of September 16.
Expanding blockchain integration strategy
This Bybit collaboration represents the latest in Franklin Templeton’s series of tokenized collateral initiatives. The asset manager established a comparable arrangement with Binance in February, implementing the same segregated custody approach.
Franklin Templeton connected Benji to MoonPay Trade in June. That integration facilitated institutional transitions between stablecoin holdings and tokenized fund positions.
The company has established relationships with Kraken’s parent entity Payward as well. That agreement encompasses collateral applications and treasury management through Benji’s infrastructure.
In August, the Securities and Exchange Commission’s Division of Investment Management granted no-action relief. This regulatory accommodation permits Franklin Templeton’s conventional mutual funds and ETFs to hold positions in the blockchain-native fund.
Franklin Templeton and Bybit are developing a wallet-native product utilizing the Mantle blockchain network. Launch timing and qualification criteria remain undisclosed.
Franklin Templeton’s total assets under management reached $1.83 trillion as of August 31. This represents growth from $1.79 trillion recorded at July’s close.
Cash management assets totaled $85 billion at month-end. Assets under management on the Benji platform approached $669 million, based on RWA.xyz tracking data.
Interest in tokenized money market products continues expanding. The Bank for International Settlements assessed the sector at over $9 billion as of September 2025.
BlackRock’s USD Institutional Digital Liquidity Fund leads the tokenized money market category with $2.2 billion in assets. Multiple exchanges including Crypto.com and Deribit accept it as collateral, while Binance offers institutional clients off-exchange collateral functionality with the product.
The post Franklin Templeton Partners with Bybit to Enable Tokenized Fund Collateral Trading appeared first on Blockonomi.

TLDR
BTC declined 1.5% to $83,416 on Monday as a worldwide bond market selloff intensified.
U.S. 10-year Treasury yields surged above 5%, reaching their highest point in 17 years.
Geopolitical risk escalated after President Trump dismissed Iran’s ceasefire proposal.
The probability of a Federal Reserve rate increase in October now stands at 70.3%, rising from 57.7% a week ago.
Despite the dip, BTC has gained over 40% in Q3, marking its strongest third quarter since 2017.
Bitcoin retreated 1.5% on Monday, sliding to $83,416 as market participants reduced exposure to risk-sensitive investments. The downturn came after a robust two-week advance fueled by expectations of more favorable cryptocurrency regulations in the United States.
Bitcoin (BTC) Price
The selloff extended beyond Bitcoin alone. Alternative cryptocurrencies including Ethereum, Cardano, XRP, Dogecoin, and Solana similarly surrendered portions of their recent advances.
Sovereign debt yields climbed substantially throughout developed markets. The benchmark 10-year U.S. Treasury yield broke through the 5% threshold for the first time since 2007, while Japanese government bond yields reached three-decade peaks.
Elevated yields enhance the appeal of government securities relative to higher-risk investments such as digital currencies. Both the U.S. Federal Reserve and the Bank of Japan implemented rate increases in September while indicating additional tightening may be necessary.
Middle East Tensions Support Energy Prices and Inflation Concerns
Escalating crude oil costs linked to U.S.-Iran hostilities have contributed significantly to inflationary pressures throughout the year. During the weekend, President Trump refused to exclude additional military operations against Iran following his rejection of Tehran’s proposed ceasefire agreement.
Crude oil markets reacted by advancing toward $95 per barrel, gaining 3% on Monday. Hamad Hussain, a commodities economist at Capital Economics, informed Reuters that supply disruption concerns continue to dominate despite improvements in tanker traffic through the Strait of Hormuz.
BREAKING: U.S. official says President Trump is ready to ease sanctions on Iran and unfreeze assets in exchange for progress on its nuclear program.
Oil is crashing on the news, down -3.60% in just the last 30 minutes. pic.twitter.com/TEUmiHyBVG
— Bull Theory (@BullTheoryio) September 28, 2026
Ongoing clashes between Yemen’s Houthi militants and Saudi Arabia provided additional upward momentum to oil markets. Analyst Ali Charts examined the technical landscape, noting that Bitcoin had completed a double bottom formation and was now retesting the $82,000 neckline support, suggesting that maintaining this threshold could present a favorable entry point ahead of a potential advance toward $100,000.
BITCOIN: BULLISH RETEST!?$BTC appears to have broken out of a double bottom pattern and is now moving back toward the $82,000 neckline.
If this level holds as support, the retest could offer a buying opportunity before the rally resumes toward the pattern’s $100,000 target. https://t.co/YA0DGPjiYk pic.twitter.com/SXE7VeA9SN
— Ali Charts (@alicharts) September 28, 2026
Notwithstanding Monday’s decline, Bitcoin has surged more than 40% during the third quarter. This represents its most impressive Q3 performance since 2017, substantially exceeding the average third-quarter increase of 8.6% recorded since 2013.
Bitcoin additionally achieved its highest weekly closing price since late January at $84,450 before declining to one-week lows around $82,557. Limited order book depth contributed to volatility, with approximately $30 million in sell orders concentrated near the $85,700 level on Monday.
October Rate Hike Probability Increases Before Critical Economic Releases
Financial markets are currently assigning a 70.3% probability to a 0.25% Federal Reserve rate increase in October, climbing from 57.7% one week prior. The August PCE inflation data, which represents the Fed’s preferred inflation metric, will be released Wednesday with expectations for 3.6% year-over-year growth.
69% Chance of another Rate Hike in October…
Bond Market is screaming, again. https://t.co/dGlKWypgAZ pic.twitter.com/vdWzJYjfzd
— Manz (@ManzTrades) September 28, 2026
September’s employment situation report is scheduled for Friday. August’s jobs figure significantly exceeded projections at 162,000, while consensus estimates for September stand at 83,000.
Trader Rekt Capital identified $82,500 as a critical threshold Bitcoin must defend. He drew parallels to the 2022 bear market recovery phase, when Bitcoin established a foundation above comparable support before initiating its subsequent rally.
Rekt Capital stated that successfully holding $82,500 would validate an inverse head-and-shoulders formation on the weekly timeframe. He noted that failure to maintain this level could result in Bitcoin retreating into the $60,000 to $80,000 trading range.
Above current market prices, the 2026 yearly opening level resides at $88,700, while the average purchase price for spot Bitcoin ETF investors approximates $86,000. Below the market, corporate treasury Bitcoin holders carry an average cost basis near $80,500.
The post Bitcoin (BTC) Dips Below $83K as Treasury Yields Hit 17-Year Peak appeared first on Blockonomi.

TLDR
FFAI stock jumps 53.19% after hours as a $200M robotics deal fuels the rebound.
Faraday Future plans to combine its robotics business with Nasdaq-listed AIxC.
The company is expanding into Robotaxi services and intelligent cabin technology.
AIxC plans to become FFR and focus fully on robotics after dropping crypto.
FFAI targets stronger robotics revenue growth through its Physical AI strategy.
Faraday Future stock rebounded sharply after hours as the company outlined a major robotics restructuring and automotive strategy shift. FFAI closed at $1.41, down 12.42%, before jumping 53.19% to $2.16 after the market closed. The move followed plans to combine its robotics operations with AIxC at an estimated $200 million valuation.
Faraday Future Intelligent Electric Inc., FFAI
Faraday Future Plans $200M Robotics Combination
Faraday Future signed a non-binding term sheet to combine its robotics assets with Nasdaq-listed AIxC. The parties valued the robotics business at about $200 million, while AIxC carries an estimated $55 million pre-transaction valuation. Following completion, FFAI expects to become AIxC’s largest controlling stockholder.
AIxC also plans to adopt the FFR name and abandon its existing cryptocurrency strategy. Instead, the company would focus entirely on robotics development, manufacturing, deployment, sales, data, and related services. The proposed structure also includes an 18-month lock-up arrangement covering shares linked to the robotics business.
Faraday Future said its robotics division shipped 552 devices through August and generated about $1.52 million in cumulative revenue. The company reported average second-quarter contribution margins above 30% across its robotics products. Management expects robotics ecosystem revenue to reach $7.1 million during 2026 before rising substantially during later years.
Robotaxi Strategy Expands Faraday Future Business
Faraday Future also plans to reposition its automotive operations around Robotaxi services and intelligent cabin technology. The company intends to work with RoboShare on autonomous shared mobility operations and vehicle deployment services. FFAI also plans to explore connectivity with external Robotaxi networks, including possible integration with the Cybercab ecosystem.
The company wants to extend its EAI cabin technology into other intelligent vehicles while connecting its own cars to mobility networks. This approach would shift part of Faraday Future’s business toward a lighter-asset shared transportation model. RoboShare would provide supporting services involving vehicle onboarding, operations, rentals, and customer access.
Faraday Future also plans to expand its role as a Physical AI investment and holding company. The company aims to incubate businesses before supporting independent financing, operations, and possible public listings. That structure could separate mature operations while allowing FFAI to retain ownership exposure to their future business development.

The post Faraday Future (FFAI) Stock: Rebounds as $200M Robotics Deal Drives Rally appeared first on Blockonomi.

Dogecoin has remained in the spotlight as the cryptocurrency market has become more active, with positive investor sentiment towards major digital assets. Market players are attempting to better understand Dogecoin by studying the movements in the market, its trading volume and economic conditions to determine the direction of the market. The following article discusses why it is gaining more attention, market trends associated with Dogecoin, and signs investors are anticipating in the near future.
Dogecoin is a hot topic once again with the happenings in the cryptocurrency market. Stronger digital asset sentiment has led to a reassessment of cryptocurrencies by investors, especially those which are more established, have been in the market longer and offer liquidity. Although Bitcoin is still the main driver of the market, attention has been diversifying to other assets, with Dogecoin included.
To view the updates in the market, the Dogecoin price page on Binance is useful. It enables users to see data in the market and Dogecoin, such as its current price, market cap, trading volume in the past 24 hours, the total supply and price data in the past. It serves as a reference for those interested in investing in Dogecoin to see how it reacts to the market.
Recent changes to the doge price have reflected trends in the larger cryptocurrency market instead of showing unique movements for Dogecoin alone. Many traders look for any clues that can be drawn from the data on Binance and compare that to information for the rest of the markets to see if momentum is strengthening or weakening. As the market becomes more active, these metrics are gaining more interest from both seasoned traders and retail traders.
Dogecoin attracts renewed attention from traders
Since its launch, Dogecoin has captured attention from traders in cycles. As much as Dogecoin is one of the most famous digital assets, it has not been without its competition; Dogecoin has been more active than most new crypto assets. As confidence in the crypto market returns, Dogecoin is consistently referenced because of its popularity and brand recognition.
Traders are willing to wait even for market corrections for many reasons; numerous retail and institutional traders can enter and exit the market easily because of Dogecoin’s liquidity and its presence on the major exchanges.
Finally, Dogecoin’s market presence gives it a lot of data. Dogecoin has seen rapid rises and sharp corrections many times before, and new traders to crypto often look for patterns with the little data they have. Dogecoin even has a long history compared to most new cryptocurrencies, and savvy traders know Dogecoin is in the top ten coins for market capitalization on Binance.
Renewed interest brings short-term market rallies in most cases. It has led to improved market sentiment, more trading actions, and increased interest in cryptocurrency. Investors are still balancing all of these with other macroeconomic factors.
Market sentiment improves across major cryptocurrencies
Market sentiment, more often than not, improves gradually. It requires a combination of economic factors, positive expectations, and improved performance across top cryptocurrencies.
For most traders, Bitcoin often is the first variable in the market sentiment equation. When Bitcoin is recovering from a weak performance and is rising, traders again consider all of the altcoins. Dogecoin has absolutely been a beneficiary of positive trading sentiment in the market, and especially in times when traders are looking to hedge with riskier portfolios.
Volume is another good indicator for market confidence. Increased trading volumes signify a greater level of trading participation; however, it might not deter a price level. Investors often relate volumes to price levels in determining the strength of a price move.
Recent trading data from Binance shows that Dogecoin is a very actively traded cryptocurrency. Good trading volumes are present in the market, and this is especially positive for trading participants. Sentiment is often modified by events occurring outside of the cryptocurrency market. Investors especially modify their strategies for digital assets based on inflation expectations, interest rate shifts, and other financial market confidence events. Sentiment in the cryptocurrency market is especially influenced by these events and can determine the market direction.
Key factors influencing Dogecoin price movements
There are many influences on Dogecoin’s price, of which market sentiment is one of the most recognizable. Market sentiment is only a small piece of the puzzle. Liquidity is a huge factor for price formation. Trading volume impacts an asset’s price discovery/efficiency, and Dogecoin’s established market position has helped it maintain liquidity.
The performance of other cryptocurrencies matters too, as price shifts and trading volume of Dogecoin are generally responsive to the price and volume of BTC and ETH.
External events matter too, especially those that affect sentiment/preferences. Price/volatility changes that are external to Dogecoin also affect its price/risk. The response of market participants to the Dogecoin price shift attributed to the factors mentioned above usually causes Dogecoin’s price to shift either to an overwhelming extent or without justification.
How trading activity is shaping Dogecoin momentum
Binance statistics show significant daily trade volumes for Dogecoin. Strong liquidity creates an efficient market to quickly respond to changes. Price is one measure of an asset’s value. But when looking at price, many traders will also look at levels of volume and some technical indicators. If volume is increasing alongside price, it usually means stronger buying pressure. However, increased price with low volume is usually seen as a sign of increasing weakness.
The hallmark of Dogecoin’s market behavior is volatility, as prices can change quickly, making it a risky market. This means many will use market behavior, various indicators, technical analysis, and even broader economic analysis to drive their investment decisions.
Crypto markets are still relatively new and fast-moving; for the moment, trade volumes are one of the signs most regularly used to indicate confidence. How or if the current momentum will turn into a sustained trend will depend on the market, the economy, and the level of confidence in the digital assets market.
The role of community support in Dogecoin’s resilience
Community involvement has been central to Dogecoin since the inception of the cryptoasset. Other digital assets rely on technological or commercial advancements, while Dogecoin continues to sustain interest through its large and active user base.
The Dogecoin community helps keep the cryptoasset relevant throughout the community’s bullish and bearish periods. Public awareness initiatives through online forums, charity events, and social media have occurred year-round despite Dogecoin’s low trading volumes in bear markets and the generally low trading activity of the crypto market.
The Dogecoin community’s support does not directly influence the Dogecoin market. The trading community determines Dogecoin’s price through supply and demand, market liquidity, and the state of the economy. However, the community’s support can sustain interest during bear markets and relatively low trading volumes, and can help encourage renewed interest during positive trading activity.
Because Dogecoin has a long history in the cryptoasset community and has been seen in previous trading cycles, Dogecoin’s trading community has more recognition. This recognition can also influence trading activity in the Dogecoin market if confidence returns. That said, experienced traders separate community support from their investment decisions, as the community can be enthusiastic for a brief period. Market sentiment and online forums of a cryptoasset community can vary within a short period, emphasizing the need for long-term focus.
What technical indicators suggest for the weeks ahead
The most common approach for forecasting the Dogecoin market is to rely on the cryptoasset’s price behaviors through technical analysis. Traders ignore market commentary or opinions. Instead, traders rely on historical price data and volume to identify price patterns and trends.
Support and resistance levels are probably the most popular indicators. Support is a price level where traders are willing to buy, and resistance is where traders are selling. While these levels are not absolute, and price can break through these levels, most traders will use these levels to predict possible future movements.
Moving averages are another popular indicator. Moving averages can show the direction of price over a period. A common trend that traders may see is that if a short-period moving average crosses above a long-period moving average, the price is trending up. The opposite is true if the short-period moving average crosses below the long-period moving average.
Trading volume is an important indicator as well. Dogecoin has consistently high volume, and traders can compare volume and price easily. A price increase that is accompanied by an increase in volume is a good sign that the price movement is bullish. The opposite is true if the volume decreases.
Momentum indicators can show the state of the market by showing how fast price is moving. If price is moving fast in one direction, the market may be overbought or oversold. Volatility is another important indicator, especially in crypto. One major sign that traders look for is price movement that is sustained for a period of time, usually a few days. Because a major characteristic of crypto is high volatility, many analysts choose to look at price movement that is sustained rather than single trading sessions.
How macroeconomic trends are affecting crypto markets
Cryptocurrency markets do not exist in a vacuum and are affected by the economic systems that they are a part of. The same economic conditions that influence traditional market investors are those that affect the market for digital currencies.
Expectations for interest rates are one of the economic conditions that many observers watch closely. If borrowing is more expensive, investors tend to liquidate more volatile assets. The expectation for lower interest rates or economic stability tends to lead to more demand for higher-risk investments.
Persistent inflation and shifting economic expectations influence the behavior of central banks. This, to an extent, is the same as the behaviors of traditional equities. Digital currencies are affected by economic inflation as well.
Uncertain economic conditions create the need for investors to reassess their risk appetite and adjust their portfolios. Geopolitical and economic tensions typically lead to uneven demand across differing asset classes. Digital currencies typically experience outflows and/or inflows during these periods.
Movements in major currencies can lead to changes in the behavior of digital currencies. The same is true for changing international investments. These conditions influence digital currencies in the same way as they influence Dogecoin. These digital currencies move in the same direction more frequently since they are typically correlated. Dogecoin and digital currencies are responsive to the same stimuli more frequently than they are to specific digital currency project-related news.
Why investors are watching Dogecoin more closely
There are multiple reasons for the renewed interest in Dogecoin. Improved market conditions, coupled with strong liquidity and increased trading, have lured many more participants into the market.
As trading speeds up, the demand for transaction price information also rises. The more transparent a market is, the easier it is to track the price, volume and market cap. Information published on Binance is not only updated in real time; it includes data on past trades, allowing the trader to comprehensively compare market conditions.
Dogecoin has a rich trading history. The lengthy data history is an advantage for traders. In the past, trading Dogecoin was marked by extreme price volatility. Use of the data history is encouraged to make value assessments, but the history of Dogecoin trading cycles is more descriptive than prescriptive.
In the larger picture, Dogecoin continues to draw customer interest. Compared to many other digital currencies, Dogecoin is widely known, actively trading and adequately liquid on all major exchanges. These features alone draw customer interest.
There is always a degree of uncertainty for an investor. Due to recent global events, the cryptocurrency trading volumes oscillate between low and high. In this context, many traders have adopted a more cautious and defensive trading style.
Considering more than just recent market activity
Recent activity surrounding Dogecoin is partly a result of stronger market activity, more people trading, more people interested in trading, and participating in the markets. Unlike the Bitcoin and Ethereum networks, which are empty, Dogecoin has established networks, so it has been able to withstand different cycles in cryptocurrency. Dogecoin has been able to withstand liquidity cycles despite being the top meme-based cryptocurrency.
Price movements may be influenced in the future by the many interacting events that occur in a market. Technical signals, trade volume, the economy, and sentiment toward the entire cryptocurrency market will likely play a role in how this market behaves in the weeks to come. The emphasis for investors at this time is on gathering information through reliable and trustworthy market data instead of falling victim to price manipulations, volatility, and social media hysteria.
Dogecoin is a trading asset in very high demand, and the price trend reflects the market. If the current activity is positive, it will retain the sentiment. If negative, it will shift more in line with the market conditions.
The post Why Dogecoin Is Back in the Spotlight as Crypto Markets Shift appeared first on Blockonomi.

TLDR
QNC stock jumped 17.02% after Quantum eMotion announced the Plurilock deal.
Quantum eMotion plans to acquire all outstanding shares of Plurilock Security.
Plurilock adds cybersecurity revenue, customers, procurement channels and services.
The deal could expand QeM’s reach across government and regulated security markets.
QeM continues advancing eCore-Q and SecureKey through NIST and FIPS testing.
Quantum eMotion stock surged 17.02% to $2.20 after the company announced its planned acquisition of Plurilock Security. QNC shares then added 0.91% to $2.22 during after-hours trading. The deal would expand Quantum eMotion from quantum-security development into a broader commercial cybersecurity business.
Quantum eMotion Corp., QNC
Quantum eMotion Moves to Acquire Plurilock
Quantum eMotion signed a definitive agreement on September 28 to acquire all outstanding shares of Plurilock Security. The companies plan to complete the transaction through a court-approved arrangement under British Columbia corporate law. Quantum eMotion may complete the acquisition directly or through a wholly owned subsidiary.
The transaction would give Quantum eMotion access to Plurilock’s established cybersecurity operations, customer network, and sales infrastructure. Plurilock also brings government and enterprise relationships across regulated and security-sensitive markets. Its business includes cybersecurity services, identity technology, risk analysis, and AI-focused security tools.
Quantum eMotion expects the combination to accelerate commercial deployment of its quantum-secure technologies. Plurilock’s existing sales channels could support pilots and cross-selling across its customer base. The combined company plans to target accounts where quantum-security products meet defined procurement and security needs.
Deal Expands Commercial Cybersecurity Reach
Plurilock adds more than 25 years of operating history to Quantum eMotion’s developing cybersecurity platform. Its procurement relationships cover customers across Canada, the United States, NATO markets, and other regulated sectors. These channels could support wider adoption of Quantum eMotion products after integration.
Quantum eMotion also expects to combine Plurilock’s identity tools with its cryptographic and quantum-security technologies. Potential uses include access control, key administration, signing authorization, and certificate management. The companies also see opportunities involving dynamic key rotation and automated security controls.
Both companies plan to form a joint integration team before completing the transaction. The team will focus on customer retention, staff continuity, contract preservation, and coordinated commercial planning. It will also prepare a 100-day plan for priority accounts, pilots, integration, and cross-selling opportunities.
Quantum Security Validation Supports Expansion
Quantum eMotion continues advancing several technologies through U.S. cybersecurity testing and validation programs. Its eCore-Q quantum entropy technology entered an independent assessment supported by Lightship Security. The submission targets validation under the NIST Special Publication 800-90B framework.
The SecureKey Cryptographic Module received an Implementation Under Test designation under the FIPS 140-3 process. These standards remain important across government, defense, infrastructure, and other regulated cybersecurity markets. However, submissions and testing do not guarantee final validation or fixed completion dates.
The proposed Plurilock acquisition could provide commercial infrastructure while Quantum eMotion advances those technical programs. Plurilock would contribute customer access, delivery capabilities, cybersecurity expertise, and procurement channels. Together, the companies aim to build a broader platform spanning quantum security, identity, AI-driven defense, and cybersecurity services.

The post Quantum eMotion (QNC) Stock: Plurilock Deal Sparks 17% Rally appeared first on Blockonomi.

TLDR
AMD agrees to buy World Labs in an all-stock deal valued near $8.2 billion.
The acquisition adds spatial intelligence and robotics research to AMD’s AI push.
Fei-Fei Li will join AMD as executive vice president and its chief scientist.
The all-stock structure limits cash use but could dilute existing shareholders.
The deal expands AMD’s AI reach while adding integration and execution risks.
AMD (AMD) stock closed at $607.87, down 3.61%, after a sharp mid-morning selloff erased earlier gains. The decline followed AMD’s agreement to acquire artificial intelligence research company World Labs for about $8.2 billion. The deal expands AMD’s AI strategy while adding advanced spatial-intelligence research capabilities to its technology portfolio.
AMD Expands AI Strategy With World Labs
AMD agreed to acquire World Labs through an all-stock transaction expected to close by the end of 2026. The transaction remains subject to regulatory approvals and standard closing requirements. AMD plans to integrate World Labs’ research expertise across its expanding hardware, software, and computing systems.
World Labs develops advanced models that create and simulate interactive three-dimensional environments from several forms of digital input. Its technology processes text, images, and video while supporting robotic training and simulation applications. AMD gains direct access to research focused on emerging workloads that require increasingly specialized computing infrastructure.
The acquisition also strengthens AMD’s ability to connect model development with the design of future computing platforms. Modern AI applications increasingly include reasoning, robotics, simulation, and systems that interact with physical environments. As a result, AMD expects World Labs’ research to influence future hardware and software development.
Fei-Fei Li Takes Senior AMD Role
World Labs co-founder Fei-Fei Li will join AMD after the transaction closes successfully. AMD appointed Li as executive vice president and chief scientist under the planned structure. She will report directly to AMD Chair and Chief Executive Officer Lisa Su.
Li has played a major role in computer vision and modern artificial intelligence research. She currently leads World Labs, which operates from San Francisco and focuses heavily on spatial-intelligence technology. The company’s team will continue developing AI models after joining AMD under the acquisition agreement.
AMD gains researchers and model specialists who can provide direct insight into changing AI computing requirements. Their work could help AMD align processors and software with new generations of advanced models. The combination also supports AMD’s broader strategy of building infrastructure around an open technology ecosystem.
World Labs Deal Brings Investor Trade-Offs
The $8.2 billion all-stock structure limits immediate cash pressure but increases AMD’s share count after closing. That structure may create dilution for existing shareholders, depending on the final number of shares issued. However, AMD gains a research platform that could support broader long-term AI revenue opportunities.
The deal also increases AMD’s exposure to fast-growing areas such as robotics, simulation, and spatial computing. These markets could expand demand for processors, accelerators, software, and integrated computing systems. Therefore, the acquisition could strengthen AMD’s position across emerging AI workloads beyond traditional data-center applications.
Still, the transaction brings execution and integration risks alongside its strategic benefits. AMD must combine research teams while converting World Labs’ work into commercially useful products and platforms. Regulatory approvals and the timing of future AI demand will also influence the deal’s eventual financial impact.

The post AMD (AMD) Stock: Drops as $8.2B World Labs Deal Targets AI Growth appeared first on Blockonomi.

TLDR
Century Communities stock trades at $61.96, down 1.11% during the latest session.
Martins Glen will officially open in Antioch, Tennessee, on October 3, 2026.
Five home plans will offer three to five bedrooms and up to 2,800 square feet.
New Martins Glen homes will start in the low $400s near downtown Nashville.
Planned community features include a playground, walking trail, and smart homes.
Century Communities stock traded at $61.96, down 1.11%, as the builder prepared another expansion near Nashville. The company will open Martins Glen in Antioch, Tennessee, on October 3, 2026. The project adds five single-family home designs within 18 miles of downtown Nashville.
Century Communities, Inc., CCS
Martins Glen Adds Five New Home Designs
Century Communities will introduce five two-story floor plans covering several household sizes and different living requirements. The homes will provide three to five bedrooms and range from 1,942 to 2,800 square feet. Prices will begin in the low $400s, giving the development a defined entry point within the Nashville market.
Each floor plan includes a loft, while several designs add extra rooms that support flexible household use. Select homes include private studies, covered patios, main-floor primary suites, media rooms, and electric fireplaces. Century Communities will also include its Century Home Connect smart-home package as a standard feature.
The company will debut its decorated Meadowlark model during the October 3 grand opening event. Potential homebuyers can tour the model and review available layouts across the new community. A limited number of wooded homesites will also form part of the Martins Glen development.
Tennessee Expansion Targets Nashville Area Demand
Martins Glen sits near major retail, recreation, and transportation routes serving the broader Nashville region. The development offers access to Tanger Outlets Nashville and major roads connecting Antioch with surrounding areas. Four Corners Marina on Percy Priest Lake also sits within a short drive from the community.
The site provides another option for households seeking suburban housing while retaining access to downtown Nashville. Downtown Nashville lies about 18 miles away, supporting access to major employment and entertainment districts. Century Communities also plans a playground and walking trail as part of the neighborhood amenities.
Century Communities operates as a national homebuilder and sells homes through traditional and online purchasing channels. Its Tennessee project expands the company’s housing inventory within one of the region’s major metropolitan markets. The Martins Glen launch also broadens its local portfolio with larger floor plans and several flexible interior options.
The project arrives as affordability and available housing supply remain important factors across growing metropolitan markets. Starting prices in the low $400s position Martins Glen within a defined segment of Nashville-area new construction. Larger layouts give Century Communities room to serve households seeking more bedrooms and adaptable living spaces.
The October opening gives Century Communities another opportunity to expand its presence around Nashville through new housing inventory. Martins Glen combines suburban access, multiple layouts, planned amenities, and proximity to major roads and recreation. The project now adds another Tennessee community to Century Communities’ broader national development pipeline.

The post Century Communities, Inc. (CCS) Stock: New Tennessee Project Targets Nashville Demand appeared first on Blockonomi.

Key Takeaways
Legendary investor Michael Burry believes the White House has no option but to sustain AI sector growth.
According to Burry, artificial intelligence infrastructure investment currently supports the entire U.S. economic framework.
President Trump maintains his stance against limiting AI advancement regardless of potential dangers.
Burry maintains bearish positions on Nvidia, Oracle, Palantir, Micron, CoreWeave, and Nebius.
Presidential financial filings reveal extensive July trading in technology equities like Microsoft and Amazon.
Michael Burry, renowned for forecasting the 2008 subprime mortgage crisis, has declared that the AI boom now represents a systemic pillar of American economic stability. The investor shared these observations through a recent Substack publication.
According to Burry’s analysis, the current administration views artificial intelligence infrastructure expansion as the primary mechanism supporting economic momentum. This perspective suggests policymakers face severe constraints on allowing any deceleration in AI-related capital deployment.
“They cannot afford to let it fall,” Burry stated, as reported by Stocktwits. He further challenged whether Washington possesses viable instruments to prevent an economic contraction should one materialize.
Burry’s Contrarian AI Positions
The “Big Short” investor has established short positions targeting numerous prominent artificial intelligence companies. His portfolio includes bearish bets on Nvidia, Oracle, Palantir, Micron, CoreWeave, and Nebius.
Breaking: Michael Burry drops a new warning on the AI financing web
Here's what he's flagging:
1. Ares Management mapped $573B across 26 financings tying together Meta, Oracle, Microsoft, Amazon, Google, Nvidia, OpenAI and Anthropic
2. Every guarantee and backstop in the web… pic.twitter.com/XEeEA3TAnl
— Michael Burry Stock Tracker (@burrytracker) September 28, 2026
These positions have been accumulated progressively beginning in Q3 2025. Burry’s fundamental thesis centers on the possibility that aggressive infrastructure expenditures may fail to generate sustainable profitability over time.
The investor has repeatedly challenged the prevailing narrative surrounding AI investments. While acknowledging unprecedented capital deployment into data centers and semiconductor manufacturing, Burry emphasizes that returns remain speculative.
Furthermore, Burry contends that federal authorities face significant limitations in addressing potential economic turbulence. He suggests the policy toolkit available today is substantially weaker than during previous financial emergencies.
Presidential Stance on AI Advancement
President Trump has publicly committed to maintaining unrestricted AI development trajectories. His position prioritizes American technological dominance over regulatory caution regarding emerging risks.
The President has characterized artificial intelligence as a multi-trillion-dollar opportunity. He has explicitly rejected approaches that would constrain sectoral expansion based on safety considerations.
This policy orientation aligns with Burry’s assessment that the administration lacks meaningful alternatives to continued AI sector support. However, Burry frames this as economic dependency rather than strategic optimism.
Presidential financial disclosures provide additional context regarding personal technology sector exposure. The most recent public records detail July trading activities.
These filings document over 1,000 individual transactions executed during that single month. Technology companies dominated the trading activity.
Specifically, Trump liquidated between five million and twenty-five million dollars in both Microsoft and Amazon holdings. Subsequently, he reacquired smaller positions in these same equities.
Additional disclosed transactions encompassed Oracle, Intuit, Marvell, and Salesforce. The trading records also referenced Meta Platforms, Nvidia, ServiceNow, Workday, and Adobe.
Burry’s fundamental argument suggests the federal government now possesses vested interests in perpetuating positive AI momentum. Any meaningful weakness in the sector, he contends, would rapidly transmit to broader economic indicators.
The investor has refrained from providing specific timing predictions for a potential downturn. His public commentary emphasizes accumulating vulnerabilities rather than imminent catalysts.
Both Trump and Burry recognize artificial intelligence infrastructure as pivotal to current U.S. economic performance. Their interpretations of this dependency, however, lead to starkly different strategic implications.
The post Michael Burry Warns Trump Administration Must Keep AI Sector Afloat appeared first on Blockonomi.

Key Takeaways
Advanced Micro Devices shares declined approximately 3% during Monday’s premarket session amid mounting Treasury yields and escalating oil prices that weighed on technology equities.
Brent crude surged more than 3% to reach $108 per barrel following President Trump’s rejection of Iran’s proposed ceasefire terms, intensifying inflation concerns.
The 10-year Treasury yield exceeded 5.2% while the 30-year benchmark crossed 5.5%, approaching levels not seen in years.
The chipmaker has gained approximately 30% in the last month, fueled by enthusiasm surrounding Meta’s Muse AI and its potential impact on CPU requirements.
Bank of America elevated its price target for AMD to $720 from $620, projecting the server CPU market could expand to $211 billion by 2030.
AMD stock experienced a nearly 3% decline in premarket activity Monday, hovering around $613.64 per share. The retreat occurred against a backdrop of climbing Treasury yields and elevated oil prices that pressured technology shares across the board.
Intel suffered steeper losses, declining more than 6%, while AMD dropped over 5% throughout the trading day. The Philadelphia Semiconductor Index tumbled 3% as semiconductor stocks absorbed significant selling pressure.
Brent crude oil prices advanced more than 3% to reach $108 per barrel. West Texas Intermediate rose 3.5% to $95.64 following President Trump’s dismissal of ceasefire proposals from Iran.
Treasury yields continued their upward trajectory from the previous week. The 10-year note traded above 5.2%, while the 30-year bond exceeded 5.5%, with both benchmarks positioned near multiyear peaks.
Elevated oil prices typically amplify inflation concerns, which maintains upward pressure on interest rates. Rising yields particularly impact growth-oriented stocks by raising the discount rate used to value future cash flows.
Technical Indicators Suggested Overextension
AMD had experienced substantial gains prior to Monday’s downturn. The stock was trading 16.2% above its 20-day moving average and 68.2% beyond its 200-day moving average.
The relative strength index registered 73.24, surpassing the 70 level commonly associated with overbought territory. This positioning made the stock susceptible to selling pressure when market sentiment shifted.
The correction arrives after a significant rally fueled by enthusiasm regarding Meta’s Muse AI platform. Both AMD and Intel have climbed roughly 30% during the past month based on this narrative.
The underlying thesis suggests that increasingly sophisticated AI agents performing autonomous tasks will require additional computational resources. This development could expand the addressable market for server CPUs manufactured by AMD, Intel and Arm-based semiconductor companies.
Meta has indicated its computing requirements are “evolving to demand more CPU” as the company advances its agentic AI initiatives. Michael O’Rourke, chief market strategist at JonesTrading, noted that markets have interpreted Muse as a catalyst for an already constrained CPU market.
This positive sentiment propelled AMD past a $1 trillion market capitalization milestone for the first time last week.
Wall Street Upgrades Price Objectives
BofA Securities increased its AMD price objective to $720 from $620 on September 25 while maintaining its Buy rating. The firm anticipates the server CPU market will expand from $61 billion in 2026 to $211 billion by 2030, with $180 billion attributed to AI applications.
BofA also referenced the Anthropic-Akamai CPU infrastructure agreement as additional evidence that CPUs gain importance as AI systems become more agentic. Piper Sandler launched coverage on September 10 with an Overweight rating and a $600 price target. Raymond James upgraded AMD to Strong Buy on August 25, establishing a $641 target.
AMD holds a consensus Buy rating with an average price objective of $615.30. The stock commands a price-to-earnings ratio near 161, representing a significant premium valuation.
According to Benzinga’s Edge Rankings, AMD achieves scores of 99.29 on Momentum, 95.62 on Quality and 95.6 on Growth. Its Value rating stands at just 3.3.
AMD represents 8.74% of the iShares Semiconductor ETF, 6.79% of the First Trust Nasdaq Semiconductor ETF and 6.52% of the Pacer Data and Digital Revolution ETF.
The recent rally also benefited from Meta’s Connect event, where the company introduced Charm, a handheld device designed for direct Muse integration. Zuckerberg announced that Muse will soon become available on Meta’s smart glasses platform, and Meta is broadening Muse distribution through retail partners including Walmart, Best Buy, Sephora, Wayfair, Dick’s Sporting Goods and Gap.
The post Advanced Micro Devices (AMD) Stock Slides 3% Amid Macro Headwinds appeared first on Blockonomi.

Quick Overview
Nvidia announced a massive $150 billion expansion to its share repurchase program, sending shares up almost 2%.
Major U.S. indices declined as crude oil prices and government bond yields surged amid escalating U.S.-Iran diplomatic tensions.
MongoDB experienced a significant share price decline following CEO CJ Desai’s departure to spearhead Meta’s enterprise AI initiative.
SpaceX achieved a breakthrough as Starship successfully entered orbital space and released advanced Starlink satellites.
Citigroup partnered with Coinbase for enterprise stablecoin payment solutions, while Bitcoin dropped closer to $83,000 despite robust ETF capital flows.
U.S. equity markets faced headwinds to begin the trading week. Escalating crude prices, increasing government bond yields, and renewed international tensions created downward pressure on major indices.
Meanwhile, significant corporate announcements and developments captured investor attention throughout traditional and digital asset markets.
Nvidia Unveils Unprecedented Share Repurchase Program
Nvidia expanded its stock buyback authorization by an additional $150 billion. This represents the most substantial single share-repurchase program ever disclosed by an American corporation.
The chipmaker’s stock climbed approximately 2% following the announcement. Year-to-date, the shares have appreciated more than 20%.
This strategic move provides Nvidia with substantial capacity to distribute capital back to investors. The semiconductor giant maintains robust cash generation driven by surging artificial intelligence processor demand.
The repurchase authorization arrives while Nvidia’s valuation metrics sit near decade-low levels relative to earnings.
Major Indices Decline on Energy Prices and International Concerns
Broader equity benchmarks moved downward. The S&P 500, Nasdaq Composite, and Dow Jones Industrial Average all posted losses.
Oil prices advanced following President Donald Trump’s dismissal of a diplomatic overture from Iran designed to de-escalate bilateral tensions.
Elevated energy costs can fuel inflationary pressures. Simultaneously, climbing Treasury yields reduce the relative attractiveness of high-multiple technology equities versus fixed-income securities.
MongoDB Leadership Transition to Meta Platforms
MongoDB experienced substantial volatility after Chief Executive Chirantan “CJ” Desai announced his resignation to accept a position at Meta Platforms.
Desai will oversee a newly established Meta division dedicated to delivering the company’s artificial intelligence capabilities to corporate clients.
This strategic expansion represents Meta’s ambition to extend its AI offerings beyond consumer applications into the enterprise software market. MongoDB’s stock price dropped significantly on the announcement.
SpaceX Achieves Orbital Milestone
SpaceX celebrated a significant achievement as its Starship vehicle successfully achieved orbital insertion during its fourteenth experimental launch.
The spacecraft successfully deployed upgraded Starlink communication satellites before the mission concluded prematurely following propulsion system complications.
Citigroup Expands Cryptocurrency Payment Services
The convergence between conventional banking and digital currencies accelerated. Citigroup has reportedly engaged Coinbase to facilitate stablecoin payment acceptance for major enterprise clients.
This collaboration extends their existing partnership. The financial institutions had previously announced joint development of cryptocurrency-based payment infrastructure targeting institutional customers.
Bitcoin Retreats Despite Institutional Investment Surge
Cryptocurrency valuations declined in tandem with equities. Bitcoin dropped approximately 1.7% toward the $83,000 level as energy prices climbed and market participants reduced risk exposure.
The comprehensive CoinDesk 100 benchmark declined roughly 2.6%, reflecting broader weakness throughout alternative digital assets.
This downward movement contrasts with powerful institutional appetite during the preceding week. American spot Bitcoin exchange-traded funds captured approximately $2.4 billion in net inflows, while Ethereum ETFs registered around $690 million in new investment.
Investors currently face competing dynamics between artificial intelligence infrastructure investment, corporate capital return programs, and cryptocurrency ETF momentum against headwinds from elevated crude prices, rising bond yields, and international political uncertainty.
The post Market Wrap: Nvidia (NVDA) Unveils Massive $150B Buyback While MongoDB and Bitcoin Tumble appeared first on Blockonomi.