BeInCrypto Global

Two weeks ago, the Federal Reserve raised interest rates. This week, five data releases will show whether it does it again in October.
The Fed’s chair says single numbers should not drive policy. Traders are still pricing the next move off this week’s data.
The Fed Raised Rates and Refused to Signal Its Next Move
On September 16, the Fed lifted its benchmark rate to a range of 3.75% to 4%. Inflation “remains elevated,” the policy statement said.
In June, BeInCrypto reported that Bank of America expected three Fed rate hikes this year, starting in September.
At his press conference, Chair Kevin Warsh refused to promise a second hike.
“Trends matter. Data points are noisy. Data point dependence is a dangerous preoccupation.”
Rate traders price roughly a 64% chance of another hike on October 28.
Target Rate Probabilities for October 28 Meeting. Source: CME FedWatch Tool
Higher rates make savings and bonds pay more. That pulls money away from riskier bets like tech stocks and Bitcoin (BTC). Right now, Bitcoin trades near $84,728, according to BeInCrypto data.
1. Monday, Bank of Japan Minutes
The Bank of Japan (BOJ) publishes the minutes of its July 30 to 31 meeting on Monday morning, Japan time, its calendar shows.
Minutes are the written record of what board members argued. These cover the meeting between two hikes. The BOJ raised its rate to about 1% in June, then to about 1.25% on September 18.
The bank’s September statement said it “will continue to raise the policy interest rate.” Japan’s rate still sits more than 2.5 percentage points below the Fed’s. Signs of faster hikes in Tokyo would narrow that gap, which can ripple through global bond markets.
Assets in play. Japanese government bonds, the yen, US Treasury yields, and Bitcoin.
2. Wednesday, PCE Inflation
The Personal Consumption Expenditures (PCE) index is the inflation number the Fed trusts most. It also tracks how much Americans spend. Its “core” version drops volatile food and energy prices.
Core PCE rose 3.3% in the year to July, the Bureau of Economic Analysis (BEA) said. August’s reading is forecast at 3.4%. The Fed’s target is 2%.
The FOMC targets 2% headline PCE inflation YoY… we probably won't get there until after 2027 EY pic.twitter.com/AQYmW4BeKz
— Mike Zaccardi, CFA, CMT 🍖 (@MikeZaccardi) September 27, 2026
Spending is forecast to climb 0.5% in August. That would be the biggest monthly jump in over a year.
Assets in play. Treasury yields, the US dollar, the S&P 500, the Nasdaq, and Bitcoin.
3. Wednesday, GDP
The same morning, the BEA publishes its third and final estimate of second-quarter growth. Gross domestic product (GDP) measures everything the economy produces.
The second estimate showed growth of 1.5% at an annual rate, down from 2.1% in the first quarter, BEA data shows. A stronger revision would give the Fed more room to keep rates high.
Assets in play. Treasury yields, the US dollar, and the S&P 500.
4. Thursday, ISM Manufacturing Index
The Institute for Supply Management (ISM) surveys factory purchasing managers every month. A reading above 50 means manufacturing is growing.
August’s index came in at 54.6, down from 55.6 in July, ISM said. Its prices gauge held at 71.1, meaning factories are still paying more.
Assets in play. Industrial stocks, Treasury yields, the US dollar, and oil.
5. Friday, Payrolls
The week ends with the September jobs report. Forecasters expect about 90,000 new jobs, down from 162,000 in August. Unemployment is seen steady at 4.1%.
Hourly wages rose 0.3% in August, Bureau of Labor Statistics data shows. A strong report would show a resilient labor market and support the case for higher rates.
Bitcoin jumped after June’s weak jobs report, BeInCrypto reported.
Assets in play. Treasury yields, the US dollar, the S&P 500, the Nasdaq, gold, and Bitcoin.
What the Week Means for Treasury Yields
Together, these releases feed the Fed’s October 27 to 28 decision. They also set up the next big move in US Treasury yields, the interest rates the government pays to borrow.
🇺🇸 Key Events This Week:1. Monday, BOJ Monetary Policy Minutes:Any signal of further rate hikes could narrow the U.S.-Japan rate gap and impact global bond markets.2. Wednesday, PCE Inflation:The Fed’s preferred inflation metric will show how much consumers are spending and…
— Bull Theory (@BullTheoryio) September 27, 2026
The 10-year yield recently retreated from a 19-year high, BeInCrypto reported. By Friday night, the Fed will have its evidence. Whether it acts on it is the question Warsh has refused to answer.

Maye Musk says she told her son Elon to stick to one company after PayPal. He ignored her, and those bets now make up a fortune Forbes puts at $929 billion.
The 78-year-old model shared the story with Fox Business host Stuart Varney while promoting her new memoir, Timeless, which HarperCollins published on September 15.
What Maye Musk Told Elon After PayPal
After PayPal, Elon asked his mother whether he should build electric cars, rockets, or solar energy. Her reply came from watching how hard he already worked.
“And I say, you work so hard you just do one,” she said.
He did not listen. Instead, he launched several ventures at once, including rocket maker SpaceX and carmaker Tesla. Maye said everyone expected all of them to fail.
Why Maye Musk Says the Fortune Is Not Cash
Forbes ranks Musk as the world’s richest person. It says he became the first trillionaire on June 12, when SpaceX went public.
Top 5 Richest People In The World. Source: Forbes
Maye pushed back on the headline number. She said the wealth is stock in his companies, not money in the bank.
Forbes data supports that split. Musk owns about 38% of SpaceX and nearly 11% of Tesla, so his net worth rises and falls with SpaceX stock price moves.
Grok, a Garage, and a Deep-Thinking 3-Year-Old
Maye said Elon wants her on Grok, the chatbot from his company xAI. She uses it constantly. When Varney asked whether AI should slow down, she told him to ask Elon on X (Twitter).
Musk has recently backed an industry AI slowdown.
Dario is right that there should be some oversight. Peer review of AI by competitors is the right way to start this off.
— Elon Musk (@elonmusk) September 13, 2026
She said Elon stood out from age three. While his siblings Kimbal and Tosca explored, he sank into deep thought and said things far beyond his age.
Wealth has not changed her travel habits. At Starbase, SpaceX’s launch site in Texas, she sleeps on a small bed in his garage. The alternative is a hotel suite 45 minutes away.
Maye also said she is sure Elon will fly to space himself one day. She has no plans to join him.

Michael Saylor, executive chairman of Strategy (formerly MicroStrategy), posted a new Bitcoin (BTC) chart on Sunday with the caption “Even more orange.” Posts like this one have often come a day before the company reports new Bitcoin purchases.
Strategy is the largest public company holding Bitcoin. It reports its purchases in filings with US regulators, usually on Mondays.
Last Sunday’s Orange Post Came a Day Before a 950 BTC Buy
Orange is Bitcoin’s brand color. Each orange dot on Saylor’s chart marks a purchase, and bigger dots mean bigger buys.
Michael Saylor Bitcoin Buy Signal. Source: Saylor on X
“Even more orange,” Saylor indicated.
Last Sunday, he posted a similar chart captioned “A little more orange.” That evening, BeInCrypto reported Saylor’s buying hint and said Monday’s update would settle it.
It did. The next day, MicroStrategy disclosed a 950 BTC purchase worth about $76 million, or $79,670 per coin, according to its ledger. That brought its holdings to 846,000 BTC.
Notably, however, the signal does not always lead to a buy, though. The week before, Strategy’s filing showed no Bitcoin bought or sold.
Why MicroStrategy’s Next Bitcoin Move Matters
Strategy has not only been buying this year. Its ledger lists four sales between June 30 and August 10, totaling 6,916 BTC.
Last week it also spent $174 million buying back STRC, a preferred share that pays holders a monthly dividend. That was more than twice what it spent on Bitcoin.
Right now, Bitcoin trades near $84,974, up 1% over 24 hours. That puts the price about 13% above Strategy’s average cost of roughly $75,416 per coin. Earlier this month, the company sat 2% above cost.
Monday’s filing will show whether last week’s 950 coins restarted steady buying or set a slower pace.

AI agents such as Meta’s Muse could soon pull cash out of bank accounts paying 0.1% and into accounts paying up to 5%, Apollo chief economist Torsten Sløk warned on Sunday.
AI agents are assistants that can act for a user, not just answer questions. Sløk says that at scale, the shift could strip banks of the cheap deposits they lend out.
How Much a 0.1% Bank Account Costs You
On a $10,000 balance, a 0.1% checking account earns about $10 a year. At 5%, the same money earns about $500.
Sløk’s note lists 11 fintech and online accounts paying between 3.3% and 5%. Adelfi tops the chart at 5%, followed by SoFi at 4.5%. The Federal Deposit Insurance Corporation (FDIC) national averages it cites are 0.4% for savings and 0.1% for checking.
Apollo chart comparing fintech deposit yields with FDIC national averages, AI agents bank account. Source: Apollo
Banks pay savers little and lend the money out at higher rates. That difference is a core source of their profit.
“If every household used AI agents to optimize the return on their cash balances, banks could lose a large share of the cheap deposits they rely on to make loans, which would be a problem for the entire financial system,” read an excerpt in the report.
Can Muse Move Your Money Yet?
Meta launched Muse on September 8. Plaid, the data firm that connects it to more than 12,000 US financial institutions and apps, says users can see balances, transactions, investments, and mortgage details through the agent.
Plaid’s announcement does not say Muse can move money between accounts. Sløk describes the sweep as something that “could soon” happen, and his warning rests on every household using such agents.
Fascinating.Chief Economist at Apollo: agents could cause a bank run by sweeping household cash into accounts paying 3-5% instead of the 0.1% national average, causing banks to lose a large share of their cheap deposits. pic.twitter.com/h9jo4cSXcB
— Yano 🟪 (@JasonYanowitz) September 27, 2026
Interest in the agent is climbing. On Thursday, JPMorgan raised its Meta target and said Muse could become the most widely used consumer AI app since ChatGPT.
Market Watchers Say Savers Are Already Moving Cash
Mike Zaccardi, a chartered financial analyst, says he already keeps his own cash in BOXX, an exchange-traded fund that aims to earn returns close to short-term Treasury bills.
“Is an Agentic Bank Run Coming? AI assistants are about to auto-sweep cash from 0.1% checking accounts into 5% yields. If everyone adopts them, banks lose their cheap deposit base… risking a systemic crunch,” wrote Zaccardi.
Nate Geraci, co-founder of the ETF Institute, said AI and crypto are both coming for the traditional banking model. He urged politicians to embrace the change rather than fight it.
Technological innovation is coming for the traditional banking model…Whether we’re talking AI or crypto.Instead of politicians fighting this, they should embrace it & work towards facilitating a smooth transition to the upgraded technology.Can’t stop it IMO.Just a matter… pic.twitter.com/7ptiMjBByZ
— Nate Geraci (@NateGeraci) September 27, 2026
Washington is already fighting over who gets to pay savers. Stablecoin yield is one of the issues in the push to revive the Clarity Act crypto bill, which failed a Senate procedural vote on September 15.
Sløk’s note does not estimate how much cash could move, or how fast.

Riot Platforms has repaid a $200 million Coinbase loan, releasing 5,821 bitcoin it had locked up as security. At today’s price of about $84,800, those coins are worth roughly $494 million.
Riot, a Nasdaq-listed Bitcoin (BTC) miner, now controls that stack without restriction. It is also spending heavily to turn its Texas sites into artificial intelligence (AI) data centers.
Bitcoin (BTC) Price Performance. Source: BeInCrypto What Riot’s Bitcoin-Backed Coinbase Loan Repayment Freed
The loan worked much like a pawn deal. Riot handed Bitcoin, USDC (a dollar-pegged digital token), and cash to Coinbase Custody as security.
Riot cleared the debt and interest on September 21, according to an 8-K filed Friday. An 8-K is a report US-listed companies must file after major events. Coinbase’s claim on the pledged assets ended the same day, and Riot paid no early repayment fee.
The released coins made up just over half of the 11,380 Bitcoin Riot held on June 30. However, the filing does not say how Riot raised the cash or what it plans for the coins.
Why Riot’s Locked Bitcoin Kept Changing
Before the payoff, only 5,559 of Riot’s coins were free to use, its June quarterly report shows. If its holdings have not changed since, the payoff roughly doubles that pool.
The number of locked coins rose and fell with Bitcoin’s price. When the price drops, each coin covers less of the debt, so Riot had to hand over more.
That happened in February. A price slide forced Riot to add 1,825 coins, lifting its pledge from 3,977 at the end of 2025 to 5,802, its annual report shows.
The rule also worked the other way. When prices rose, the loan agreement let Riot ask for some coins back without repaying. However, Coinbase had the final say on the math.
Instead, Riot repaid the full $200 million, seven months before the loan’s April 2027 due date. The loan carried a fixed 6.15% interest rate.
Riot Has Been Selling More Bitcoin Than It Mines
Riot’s recent record shows heavy selling. In the first quarter, it sold 3,778 Bitcoin for $289.5 million while mining 1,473, its production update shows.
The drawdown continued. Riot’s holdings fell from 15,680 to 11,380 coins in the second quarter, even as it mined 1,587. BeInCrypto reported in August that the miner was funding its AI buildout partly through those sales.
That buildout is large. In August, Riot signed a 20-year, $9.1 billion lease for 191 megawatts of computing capacity at its Rockdale, Texas, campus. The tenant is described only as a leading frontier AI lab.
Riot has other funding lined up, though. Morgan Stanley provided a $573 million interim loan for early construction, while a longer-term credit backstop is being finalized, Riot’s second-quarter results show.
Meanwhile, Bitcoin’s price has climbed since June 30, when the pledged coins were worth $340.7 million.
On the market, RIOT shares closed Friday at $23, down 2%. The stock lost about 3% over five days but remains up roughly 82% this year.
RIOT Stock Performance. Source: Yahoo Finance
Riot’s next quarterly report will show whether the freed bitcoin stayed on its books.

Hackers stole $387.5 million from crypto exchange Bitget on September 24. Part of it is now being turned into Bitcoin through THORChain, which refuses to block it.
THORChain lets anyone swap a coin on one blockchain for a coin on another, with no ID check. Once it becomes Bitcoin, no company can freeze it.
Bitget Asks THORChain to Turn the Hacker Away
The hacker’s wallets are public and tracked. Bitget CEO Gracy Chen asked THORChain to refuse them.
“Decentralization is a design principle, not a shield for facilitating known stolen funds. The industry is watching,” she said.
Blockchain tracker MistTrack says this has happened before. After the $1.46 billion Bybit hack last year, nearly $1.2 billion was reportedly traced through THORChain.
THORChain and Stolen Funds: The Industry Needs AnswersAfter the $1.46B @Bybit_Official hack last year, nearly $1.2B in stolen funds was reportedly traced through @THORChain as the attackers moved assets across chains.Today, following another major security incident at @Bitget…
— MistTrack🕵️ (@MistTrack_io) September 25, 2026
THORChain Says It Is No Different From Bitcoin
THORChain pushed back. It calls itself permissionless, open to anyone, just like Bitcoin, Ethereum, and BNB Chain.
“What responsibility should Bitcoin, Ethereum, and BNB Chain bear when handling known stolen funds?” the team stated.
This response questions what responsibility those base blockchains bear for handling known stolen funds, deflecting calls for THORChain to block or monitor illicit flows.
It highlights core crypto tensions between permissionless cross-chain swapping on THORChain and industry demands for protocols to address publicly tracked hacker addresses.
THORChain Has Hit Pause Before
Star Xu, founder of rival exchange OKX, called THORChain’s Bitcoin comparison “False!” This follows a May incident where THORChain paused a vault after roughly $10 million was drained, its own report shows.
“A network that can stop when its own funds are at risk, but refuses to do so when someone else’s funds are at risk, is not “like Bitcoin,”” the OKX executive slammed.
May was not the first time. Nodes rapidly halted the network after a 2021 hack. In January 2025, they voted to freeze its lending and savings products.
when thorchain got drained in 2021, the network halted within hours. when thorfi went underwater in jan 2025, nodes voted to freeze withdrawals overnight."decentralized and permissionless" seems to apply only when it's other people's money.a sanctioned state already used you to… https://t.co/V3PXFB5PCG
— Matt (@matthubuilds) September 27, 2026
Further, a sanctioned state, North Korea, already used THORChain to move over $1 billion from Bybit. Researchers and Bybit itself traced the bulk of the February 2025 attack through THORChain as Lazarus Group converted it to Bitcoin.
What Happens to Bitget Users
Bitget says a $464 million protection fund covers every customer. Withdrawals restart Monday, starting with Bitcoin at 8:00 UTC.
Chen says North Korea was very likely behind it. Bitget is offering a 5% bounty for help freezing the funds.
THORChain has still not blocked the flagged wallets, and despite all manner of slamming for its stance, the network’s RUNE token is up by over 20% in the last 24 hours.

Bitcoin continues to hold above $80,000, the level Fidelity’s Jurrien Timmer says would confirm a bottom and open a path to $100,000.
Bitcoin (BTC) traded at $84,647 on Sunday, about 18% short of that target. Futures speculators, meanwhile, are adding to record bullish bets.
Bitcoin Price Performance. Source: TradingView Bitcoin Breaks the $80,000 Level Fidelity Flagged
Timmer is director of global macro at Fidelity Investments, one of the largest US asset managers. He set out the trigger in a post, citing a double bottom chart pattern, where price hits a similar floor twice, then climbs.
Bitcoin Double Bottom. Source: Fidelity
“Bitcoin is looking particularly interesting here as it challenges key resistance at $80k. If it breaks it will confirm a double bottom targeting $100k,” Timmer wrote.
Timmer’s weekly chart marks this year’s lows at $60,033 in February and $57,742 in late June.
His charts use data through September 20. Since then, Bitcoin has crossed $80,000 and touched about $87,500 before easing.
Why Fidelity Sees $300,000 Bitcoin by 2029
Timmer also pointed to Bitcoin’s power law, a model that fits its long-run price to a curve over time. On that model, he says holding $60,000 signals a new bull market aimed at $300,000 in 2029.
Bitcoin’s Power Law. Source: Fidelity
“Bitcoin’s power law math continues to suggest that a new cyclical bull market is underway after holding $60k, targeting $300k in 2029,” the Fidelity executive added.
That marks a turn. In December, Timmer raised bear market concerns, warning of a possible drop to between $65,000 and $75,000. Bitcoin later fell further.
Can the Bitcoin Rally Hold?
Tom McClellan, editor of The McClellan Market Report, tracks the Commitments of Traders (COT) report. The US Commodity Futures Trading Commission (CFTC) publishes it weekly to show who holds futures positions.
McClellan says speculators such as hedge funds recently hit a record net long position. That means their bets on rising prices far outweigh bets on falling ones.
Non-commercial traders’ net position in Bitcoin futures against price since 2023, Source: Tom McClellan/X
“What is unusual is that with the pop earlier this week, these traders actually were adding more longs instead of harvesting gains. That is a strong statement that they expect more gains to come,” McClellan wrote.
Other signals are mixed. In August, BeInCrypto flagged three warning signs, including weaker exchange-traded fund (ETF) flows and spot demand.
This month, BeInCrypto also reported CryptoQuant’s bull market line at $81,700, Bitcoin’s one-year average close. The current Bitcoin price sits about $3,000 above it.
That leaves a narrow cushion. A slip back under $80,000 would undo the break Timmer’s $100,000 target depends on.

US spot Dogecoin (DOGE) exchange-traded funds (ETFs) drew $2.89 million in net inflows in the week ending September 25. That is their largest week since launch, according to SoSoValue data.
An ETF lets investors buy exposure to an asset through a normal brokerage account, much like buying a stock. The record came 11 days after Bitwise said it would shut its own Dogecoin fund.
Dogecoin ETF Inflows Beat the January Record
The previous weekly high was about $2.59 million, set in the week ending January 2, SoSoValue data shows. The week before this one brought in only $284,510.
All of the new money arrived in three sessions last week. Monday, Tuesday, and Friday.
Dogecoin ETF Weekly Flows. Source: SoSoValue Grayscale Takes Nearly All the Money as Bitwise Exits
BeInCrypto reported on September 10 that Bitwise will liquidate its Dogecoin ETF, BWOW. Its last trading day is October 14, barely three weeks away. The fund has lifetime net outflows of $1.23 million and holds $801,400.
Dogecoin ETF Issuers. Source: SoSoValue
“Bitwise has determined to liquidate the Fund as it continues to optimize its product range to meet evolving investor needs,” the issuer stated.
Since that announcement, cumulative inflows into Grayscale’s GDOG rose from $11.7 million to $15.46 million. Meanwhile, 21Shares’ TDOG fell from $1.63 million to $1.03 million.
GDOG took all of Friday’s $806,060. It now holds $13.87 million, or about 81% of the group’s assets.
How Big is Dogecoin ETF Demand?
The funds hold 0.11% of Dogecoin’s total market value, SoSoValue data shows. DOGE traded near $0.098, with a market cap of about $15.3 billion, according to BeInCrypto Markets data.
DOGE Price Performance. Source: BeInCrypto
Quiet days are the norm. Between July 1 and September 18, the funds posted net flows on just nine trading days.
The Dogecoin record also landed in the same week US spot Bitcoin ETFs pulled in $2.39 billion. That total is more than 800 times the Dogecoin figure.
After October 14, two US spot Dogecoin funds will remain. Grayscale accounted for every dollar of Friday’s inflow.

SpaceX President and Chief Operating Officer Gwynne Shotwell sold $52.5 million of company stock on September 22, ahead of Monday’s Starship launch, the rocket’s first attempt to reach orbit.
It is the first significant stock sale by a SpaceX executive since the company listed on Nasdaq in June, according to TipRanks.
How the SpaceX Stock Sale Worked
A Form 4 filed with the Securities and Exchange Commission (SEC) on September 24 shows Shotwell first exercised stock options. Options let an employee buy shares at a fixed, older price.
She bought 342,170 shares at $8.40 to $19.40 each, a total cost of about $4.5 million. She then sold all of them the same day through Morgan Stanley at roughly $151 to $155 per share.
The trades ran under a Rule 10b5-1 plan she adopted on June 23, according to the filing. These plans lock in sale instructions ahead of time, so an executive cannot pick the day based on private news.
Shotwell Still Holds About $830 Million in Shares
After the sale, Shotwell holds 2.47 million Class A shares directly and 3.11 million through two family trusts. At Friday’s $148.68 close, that stake is worth roughly $830 million.
SpaceX (SPCX) Stock Performance as of Friday’s Close. Source: Yahoo Finance
The sale equals about 6% of her position. She also holds 575,005 unexercised options.
JUST IN: SpaceX President sells over $50M worth of $SPCX
— Kalshi Finance (@Kalshi_Finance) September 26, 2026
Why the Timing Draws Attention
Starship Flight 14 is set for Monday at 7:15 a.m. Central time from Starbase, Texas, according to SpaceLaunchLive. It is the rocket’s first try at a stable orbit, carrying 26 Starlink internet satellites.
Starship Flight 14 has its launch license! All go for Monday!https://t.co/lRC3NXhsMZ pic.twitter.com/AMndKjmq69
— NSF – NASASpaceflight.com (@NASASpaceflight) September 26, 2026
Notably, however, the launch has already slipped once. SpaceX first set September 22 for the flight, which sent SpaceX stock up 6% on the news.
Shotwell’s plan predates the flight date by three months. A larger source of new supply is the lock-up, a rule that bars early holders from selling for set periods after an IPO.
About 328 million shares were freed on September 24, and the stock fell over 4% the day before, BeInCrypto reported. More unlocks are scheduled through June 2027.
The 33 analysts tracked by TipRanks rate SpaceX a Moderate Buy, with an average price target of $232.07, about 56% above Friday’s close.
SpaceX Stock Forecast and Targets. Source: TipRanks
Still, SpaceX shares trade about 34% below their $225.64 high. Monday’s launch and the next unlock are the stock’s next two tests.

Michael Saylor wants US banks to hold Bitcoin (BTC) for customers and lend against it. He also says digital assets could grow into a $100 trillion industry.
Saylor chairs MicroStrategy (now Strategy), the software company best known for buying Bitcoin. He set out the plan in a policy post after speaking at the Bitcoin Policy Institute’s Freedom Tech DC summit this week.
What Saylor Wants Banks to Do With Bitcoin
Saylor wants banks to offer custody, meaning they store Bitcoin on a customer’s behalf. He also wants them to issue loans backed by that Bitcoin under clear, workable rules.
Global capital rules stand in the way, he argues. The Basel framework sets international standards for how much capital banks must hold against their assets. It gives its riskiest class of crypto holdings a 1,250% risk weight.
Saylor cites that figure as an example of how severe current treatment is. He wants regulators to separate three activities. These are:
Holding Bitcoin for a client
Lending against it, and
Taking positions with a bank’s own money.
He expects bank adoption to become a major driver of growth. In his view, more banks competing for Bitcoin owners would pull fresh capital into an asset with a limited supply.
MicroStrategy already ranks lenders in its Bitcoin Banking Adoption Index, which put major-bank uptake at 32% in July.
Strategy Launches Bitcoin Banking Adoption Index, Fidelity Leads at 71%
However, big banks remain split. JPMorgan CEO Jamie Dimon has called Bitcoin a pet rock in public, though Strategy CEO Phong Le says Dimon backs it privately.
“The age of Digital Assets and Digital Intelligence needs a bill of digital rights, not a bill of restrictions,” he explained.
Follow us on X to get the latest news as it happens
Where Saylor’s $100 Trillion Figure Comes From
Saylor ties the figure to artificial intelligence (AI). He expects AI agents, software that acts for a person, to research, negotiate, and buy things on their owners’ behalf.
That economy needs money that moves at software speed, around the clock, he says. By contrast, today’s financial system runs on human identities and human working hours.
Saylor says Bitcoin and other digital assets fit that setting. He puts the industry’s potential at $100 trillion but gives no timeline for reaching it.
Why Saylor Is Turning to Regulators, Not Congress
The push follows a defeat. On September 15, the Senate voted 49-50 against advancing the CLARITY Act, a bill that would set rules for US crypto markets.
Saylor says the bill leaned too heavily on restrictions. He now sees the best path over the next two years running through the SEC, the Commodity Futures Trading Commission (CFTC), Treasury, and the White House.
Under his plan, Treasury and banking regulators would set workable paths for Bitcoin custody and credit. Meanwhile, lawmakers are rushing to replace CLARITY.

Cathie Wood’s ARK Invest is tokenizing its ARK Venture Fund with Securitize, putting it on the Ethereum blockchain. The fund owns stakes in OpenAI, Anthropic, and SpaceX.
OpenAI and Anthropic do not trade on any stock exchange. ARK and Securitize announced the move on Sept. 24. Bloomberg reported the fund’s size at about $1.3 billion.
What the ARK Venture Fund Onchain Offers Investors
Tokenizing means recording ownership as a digital token on a blockchain, a public ledger anyone can check. Eligible investors buying through Securitize get exposure to the fund’s portfolio this way, according to the release.
That portfolio is mostly private. About 78% of the fund sat in companies without a public stock ticker as of August 31, ARK’s holdings file shows. SpaceX was the top position at 7.54%. OpenAI made up 5.26% and Anthropic 3.86%.
ARK first opened this door in September 2022. It launched the fund with a $500 minimum, calling venture capital a market long reserved for wealthy investors, its announcement said.
The catch is the exit. The fund is an interval fund, so it buys back shares only at set times. Its prospectus schedules those buybacks quarterly, and the release warns they may be oversubscribed. ARK says no secondary market is expected to develop.
Access also costs more. ARK’s fund page lists annual expenses of 2.9% after fee waivers.
Why ARK Is Betting on Tokenized Funds
A September 21 SEC order lets the fund offer a tokenized share class. That class may trade on alternative trading systems, which are private electronic venues outside stock exchanges.
“Based on our research, tokenization has the potential to reshape fundamentally the way that investors access and participate in both private and public financial markets,” said Cathie Wood, founder, CEO and CIO of Ark Invest.
Securitize has done this before. It tokenized BlackRock’s BUIDL fund on Ethereum in March 2024. ARK announced a strategic investment in Securitize in October 2025, and Securitize shares have rallied since the SEC opened a path for tokenized stock trading on Sept. 17.
The fund was already growing fast. Its net assets rose from $208 million in July 2025 to $558 million by January 2026, SEC filings show.

Large XRP holders accumulated 470 million tokens worth $724 million in five days, while spot ETFs extended their inflow streak.
The combination of whale demand and institutional buying puts XRP price $1.60 resistance level firmly back in focus.
XRP WHALES KEEP BUYINGIn just five days, whales accumulated more than 470 million $XRP, worth around $724 million.Meanwhile, an inverse head-and-shoulders continues to form on the daily chart.The bullish breakout could be getting closer. https://t.co/f2VzDvpQpm pic.twitter.com/X3xMv7zOQF
— Ali Charts (@alicharts) September 25, 2026
XRP Whale Accumulation Signals Stronger Demand
On-chain data cited by analyst Ali Martinez shows whale balances rising from approximately 12.37 billion to 12.80 billion XRP. The increase represents more than 470 million tokens, worth roughly $724 million at recent prices.
XRP trades around $1.55, according to BeInCrypto data. The token has rebounded approximately 28% from the $1.25 area. It recently reached a local high near $1.58.
That recovery has developed alongside an inverse head-and-shoulders structure on XRP daily chart. Its neckline sits close to $1.60.
XRP Price Performance. Source: BeInCrypto
A confirmed move above that level could activate a measured target near $2. That would represent roughly 30% upside from current levels. Conversely, a rejection could expose XRP price to initial support around $1.53, followed by $1.50. A deeper correction could bring $1.46 and $1.32 into focus.
Technical analysts have also identified an RSI setup that preceded strong advances in the past. However, confirmation requires the indicator to reclaim its key moving average.
Can ETF Demand Help XRP Price Break $1.60?
Institutional demand has provided another source of support through United States spot XRP ETFs. SoSoValue data shows continued positive weekly flows.
The products attracted $75.59 million during the week ending September 25. Cumulative net inflows reached $1.79 billion. Total net assets stood near $1.77 billion, while the funds recorded their 11th consecutive week of net inflows.
The streak began with the week of July 17 and continued through September 25. Several individual weeks also delivered substantial contributions.
XRP Spot ETF Weekly Inflows. Source: SoSoValue
Bitwise’s XRP ETF has remained a key driver of recent activity. On September 18, the firm filed a post-effective amendment to its registration statement.
The filing updated prospectus disclosures and incorporated recent financial reports. Meanwhile, XRP price repeatedly tested resistance around $1.60 after recovering from approximately $1.40.
👀 XRP IS REPEATING A FAMILIAR PATTERNThis RSI setup appeared before two HUGE moves in $XRP:🔹 $0.18 → nearly $2🔹 $0.37 → $3.30And now the same RSI “pocket” is forming again.But the signal hasn’t triggered yet…🎯 I’m watching for #RSI to cross back ABOVE the yellow… pic.twitter.com/JzyMCXnh0o
— Crypto Crew University (@CryptoCrewU) September 25, 2026
The key question now centers on whether whale accumulation and institutional flows can reinforce one another. A sustained break above $1.60 would provide technical confirmation.

U.S. spot Bitcoin ETFs (exchange-traded funds) drew $2.39 billion in net inflows this week, the largest weekly total of 2026.
These funds trade on the stock market like ordinary shares and hold real Bitcoin for investors. Yet the daily flow data and on-chain research point to thinner buying than the weekly record suggests.
Bitcoin ETF Inflows Hit a Record, Then Slowed Every Day
The week opened with $998.95 million on September 21, according to SoSoValue. Inflows then fell each session, reaching $134.47 million on Friday. That is about 87% below Monday, though money still came in for a seventh straight day.
Bitcoin ETF Flows. Source: SoSoValue
Monday’s surge followed a 6.7% jump in Bitcoin on its heaviest volume since August 21. About $262 million in bets against Bitcoin were forcibly closed within an hour, which pushes those traders to buy.
Funds had returned after the Federal Reserve’s September 16 hike to a 3.75% to 4% range.
The mood shifted on September 23. S&P Global’s business survey showed the fastest U.S. growth since July 2021, and the 10-year Treasury yield rose above 5%. Bitcoin fell below $84,000 within an hour, and BeInCrypto flagged the next day that ETF buying had shrunk three sessions running.
Bitcoin now trades near $84,241, down 0.06% in 24 hours, per BeInCrypto Markets. ETFs hold $108.42 billion in total assets.
Bitcoin Price Performance. Source: BeInCrypto Signs That Bitcoin Buyers Are Still Active
Other data backs the case for demand. About $2.52 billion in net BTC left major exchanges between September 22 and 24, according to CryptoQuant. Coins leaving trading platforms usually move into long-term storage.
$2.7 Billion in Bitcoin has been withdrawn from crypto exchanges in just 4 days.Whales are stacking BTC. pic.twitter.com/UdOkvxNBE7
— Crypto Rover (@cryptorover) September 26, 2026
Large holders are also adding. Wallets holding 100 to 1,000 BTC have bought 113,950 BTC since July 15, Santiment data shows.
Moreover, long-term holders have added more than 3 million BTC since 2020, according to River, a Bitcoin financial services firm.
Why River Says Supply, Not Demand, Is Driving the Rally
River reads the same market differently. Its data shows 81% of Bitcoin’s supply, or 16.3 million BTC, has not moved in at least six months. Exchange trading volume sits 30% below where it began the year.
ETFs had also bought only about 18,000 BTC in September as of River’s September 23 report. That pace trails their monthly average since launch.
“Bitcoin has risen 50% without a real increase in demand,” the team wrote.
In River’s view, fewer coins changing hands has lifted the price more than fresh buyers have.
For once, there is a real supply shock in bitcoin.This year:– Trading volumes are down 30%– Price is up 50%– 81% of the supply hasn’t moved in 6 monthsOur newsletter covers the details👇 pic.twitter.com/hzJcGgiofE
— River (@River) September 23, 2026
The next test arrives September 30 with August’s personal consumption expenditures (PCE) inflation report, the Fed’s preferred price gauge.
Economists expect a measurement change in that report to pull inflation lower. River cautions that nobody can predict when demand will return.

President Donald Trump has turned down Iran’s offer of a seven-day ceasefire. He has told aides he expects to resume bombing Iran after the November midterm elections, US officials told the Wall Street Journal.
The news broke on a weekend, with stock markets shut. Oil markets are also closed until Sunday evening, US time. That leaves Bitcoin, which trades around the clock, to react first.
What Iran Offered and Why Trump Said No
Iranian Foreign Minister Abbas Araghchi unveiled the plan at the UN General Assembly on Thursday. Qatar carried it to Washington.
Under the plan, fighting would stop on every front, including Lebanon. The US would lift its naval blockade of Iranian ports and ease oil sanctions. Iran would get some frozen assets back.
In return, Iran would reopen the Strait of Hormuz. This narrow sea lane is the main exit for Gulf oil and gas. Nuclear talks would then restart.
“The moment they accept this plan, from the next day, this timetable can start, and after seven days, the strait will be open,” Aljazeera reported, citing Araghchi.
Washington said no. Trump doubts Iran will meet his demands, officials told the Journal. The US has also told Iran the blockade stays. The Journal reported that the blockade is doing deep damage to Iran’s economy.
The plan closely mirrors a June 17 deal. That truce briefly stopped the fighting, then collapsed.
Trump Told the UN the Election Would Not Shape His Iran Policy
Four days before the report, Trump stood before world leaders at the UN and dismissed the midterms.
“I am not running. I gave absolutely no credence and will not give credence to the election when it comes to Iran. It doesn’t even enter my mind,” Trump said.
In the same speech, he accused Iran of stalling talks to see how he fares at the polls. He also said he must choose between a deal and a quick move to “annihilate” the Islamic Republic.
Privately, officials say Trump sees a new bombing campaign after the vote as likely. In public, he says Tehran is begging for a deal after the midterms that dismantles its nuclear program.
His view could still shift as the war drags on and once the results are in. The vote is on November 3, just 38 days away.
Will Oil and Bitcoin Hold After Trump’s Iran Decision?
The last time US strikes resumed, on July 8, Brent crude jumped more than 3% to $76.48 a barrel. Brent is the global oil benchmark.
Oil is far more expensive now. Brent closed Friday at $104.32, per Trading Economics. That is about 36% above its level on the day strikes resumed in July. It trades for $101.86 at press time.
Brent contracts slipped 1.15% during Friday’s session to $95.95. Likewise, Bitcoin briefly slipped below $84,000 in the immediate aftermath of the news.
Bitcoin and Oil Price Performance. Source: TradingView
The big drop came earlier in the week. Bitcoin fell from above $87,000 on Wednesday to about $83,250 on Thursday. It has hovered just above that low since.
In past rounds, Bitcoin rallied on peace signals. It climbed past $81,000 when Trump weighed ending the war.
On Friday, Iran said it was still waiting for a formal US answer. Talks through regional mediators have not ended. The midterms, after which Trump reportedly expects the bombing to resume, are five weeks away.

Grayscale has filed for a Zcash ETF that would pay shareholders every two weeks. The cash would come from selling options, not from owning the coin.
The filing reached the U.S. Securities and Exchange Commission (SEC) on September 25. It could take effect 75 days later, in early December.
How Grayscale’s Zcash Income ETF Would Pay Investors
The proposed ZCSH High Income ETF will not hold Zcash (ZEC), a privacy-focused cryptocurrency. Instead, it trades options tied to The Zcash ETF (ZCSH), Grayscale’s existing spot fund, according to the filing.
JUST IN: We've filed for The ZCSH High Income ETF. Read the 485a: https://t.co/UpG8Oqyge0 pic.twitter.com/NkFGkXRwcq
— Grayscale (@Grayscale) September 25, 2026
An option is a contract giving a buyer the right to trade an asset at a set price. The seller collects an upfront fee, called a premium.
The fund copies ZCSH’s price moves by pairing bought call options with sold put options. It then sells short-dated calls, mostly one month or less, to collect premiums. Those premiums fund the payouts.
At least 80% of net assets must sit in options on Zcash exchange-traded products. However, the filing says “high income” promises no set yield. Some payouts could simply return part of an investor’s own money.
What’s the Catch for Zcash ETF Investors?
Selling calls caps the upside. If ZEC rallies past the chosen strike price, the fund misses those gains. Meanwhile, it still absorbs the full drop when prices fall.
Zcash (ZEC) Price Performance. Source: BeInCrypto
The options market is also brand new. ZCSH began trading on August 25, and its options followed on September 8.
Grayscale also flags a conflict. An affiliate of the fund’s adviser sponsors ZCSH and earns its fee, which Yahoo Finance lists at 2.50%. The filing says the new fund’s trading could lift ZCSH demand and, indirectly, that affiliate’s fees.
Zcash ETF Demand Sets Up the Income Play
ZCSH has drawn steady money. The fund converted from Grayscale’s 2017 trust with roughly $260 million in assets.
By the week ending September 18, assets hit $914.5 million after $271 million in cumulative inflows. That week’s $98.2 million haul led all crypto ETFs, BeInCrypto reported.
Similar income products already exist for Bitcoin (BTC). Grayscale runs a Bitcoin covered call ETF, and Goldman Sachs filed a Bitcoin premium income fund in April.
The new fund’s ticker, exchange, fees, and sub-adviser remain blank in the filing.

New guidance from US Securities and Exchange Commission (SEC) staff says the tokens people get for staking ether are not securities, as long as they work purely as receipts.
The agency’s Division of Corporation Finance published the guidance on Friday. Three years ago, the same agency made a crypto exchange pay $30 million over staking.
What SEC Staff Said About Staked ETH
Staking means locking up coins to help run a blockchain, in return for rewards. Liquid staking services give users a tradable token as proof of the coins they locked up.
Securities come with registration and disclosure rules. The Howey test, a 1946 Supreme Court standard, asks whether buyers expect to profit from other people’s work.
According to the FAQs, a staking receipt token is a “digital tool” when the coin behind it is a digital commodity. In a March 17 interpretation, the SEC and the Commodity Futures Trading Commission (CFTC) named 16 digital commodities. Ether (ETH), trading near $2,685, was one of them.
Ethereum Price Performance. Source: BeInCrypto How Staking Went From SEC Target to Staff Approval
In February 2023, Kraken paid $30 million and shut down its US staking service to settle SEC charges. The agency said Kraken advertised yearly returns as high as 21%.
“Whether it’s through staking-as-a-service, lending, or other means, crypto intermediaries, when offering investment contracts in exchange for investors’ tokens, need to provide the proper disclosures and safeguards required by our securities laws,” Gary Gensler, then the SEC chair, issued a warning.
Four months later, the SEC sued Coinbase and called its staking program an unregistered securities offering. The agency dropped that case in February 2025.
Staff statements in May and August 2025 then said that protocol staking and liquid staking do not involve securities offerings.
The One Condition Is That the Token Stays a Receipt
The catch is in how staff define a receipt. The token cannot change the rights attached to the staked ETH or add extra rewards.
The provider also cannot lend, pledge, or reuse the deposited coins. The token also does not set or fix the rewards. That is the difference from Kraken, which advertised its own return figures.
Not everyone at the SEC agreed with this approach. Commissioner Caroline Crenshaw said the August 2025 liquid staking statement relied on assumptions that may not match how real programs work. She titled her response “Caveat Liquid Staker.”
The same FAQs also covered token buybacks, where a project spends its own money buying its tokens back from the market. On a network that already works, announcing a buyback does not count as a promise that could turn the token into a security. On an unfinished network, however, pitching a buyback as a way to earn returns could still count.
BREAKING: The SEC just issued new guidance on crypto tokens, staking, and investment contracts.1. Once a crypto network is functional, work to maintain, improve, or grow it no longer counts as "essential managerial efforts" under the Howey test.2. Staking receipt tokens can…
— Bull Theory (@BullTheoryio) September 25, 2026
The FAQs themselves say they carry no legal force. That weighs more now that the Clarity Act, a bill to split crypto oversight between the SEC and the CFTC, has failed in the Senate this month.
In March, BeInCrypto reported that analysts said regulators had already delivered most of the bill’s promises. The same analysis pointed out the weak spot. Unlike a law, guidance can be withdrawn by a future administration.

A federal appeals court just handed the Pentagon a major win in its ongoing war with a leading AI company. The ruling could reshape who controls America’s military AI going forward.
A three-judge panel sided 2-1 with the Defense Department, upholding its decision to blacklist Anthropic from military contracts entirely.
Confirmed: @AnthropicAI = Supply Chain Risk.The @DeptofWar does what is right for the Country and our Warriors. https://t.co/xERtGRh6Kc
— Pete Hegseth (@PeteHegseth) September 25, 2026
The Fight That Split Two Federal Courts
The dispute traces back to February, when Defense Secretary Pete Hegseth demanded Anthropic strip safeguards blocking Claude from fully autonomous lethal weapons and mass domestic surveillance. Anthropic publicly refused on February 26, just hours before Hegseth’s deadline expired.
Hegseth formally designated Anthropic a national security risk on March 3. That designation canceled the company’s existing military contracts and barred other Pentagon contractors from using its technology as well.
According to the court’s decision, an Anthropic executive had separately questioned a contractor’s use of Claude during a specific military operation.
Media reports in the case record identified that mission as the January 3 operation that captured Venezuelan President Nicolás Maduro.
U.S. Secretary of State Marco Rubio says of the Maduro capture and Caracas attacks: “When Trump tells you he’s going to do something, he means it . . ” So let's look at five other things he's recently promised to do 👇 pic.twitter.com/tikAKlv5B0
— BeInCrypto (@beincrypto) January 4, 2026
Defense officials cited that episode as evidence that Claude’s behavior remained too unpredictable for military reliance.
Judge Gregory Katsas, joined by Judge Neomi Rao, wrote the majority opinion. He said the Pentagon had “ample support” for its conclusion. Judge Karen LeCraft Henderson dissented.
Why Anthropic Says This Fight Isn’t Over
A separate California court reached the opposite conclusion just last month. Judge Rita Lin ruled a broader, parallel Trump administration ban unconstitutional, calling it retaliation meant to make “a public example” of Anthropic.
🚨BREAKING: ANTHROPIC WINS. PENTAGON BLACKLIST RULED UNCONSTITUTIONAL.Federal judge in California just ruled:>Pentagon's effort to blacklist Anthropic violated the First Amendment>violated Due Process Clause of the Fifth Amendment>Supply chain risk designation: VACATED… pic.twitter.com/pKtbTCe5Fu
— NIK (@ns123abc) August 28, 2026
Anthropic responded firmly to Friday’s ruling. “We respectfully disagree with the court’s decision,” a spokesperson said, cited by CNBC. “Another federal court has already held the government’s parallel designation unlawful.”
Whether Anthropic seeks rehearing or takes the fight to the Supreme Court next remains unclear, leaving America’s newest AI battleground unresolved across two contradicting federal courts.

FC Barcelona launched Barça Fan Lab this week, a Cardano-based digital platform that lets fans earn verifiable credentials by participating.
The project was developed together with technology partner Andamio. It aims to transform the way millions of fans interact with the club.
.@FCBarcelona has just launched Barça Fan Lab, developed with @Andamio_teams using Cardano.Fans will be able to learn about Barça’s history and values, take part in community activities, and gain verifiable digital credentials that will be stored in their own Cardano-based… https://t.co/ikfznNr0Yj pic.twitter.com/P0YZInTM5Q
— Cardano Foundation (@Cardano_CF) September 25, 2026
What Barça Fan Lab Actually Offers Fans
Fans access the platform through BarçaID, the club’s existing digital identity system. Signing in automatically creates a personal Cardano wallet tied to that profile and stores credentials earned along the way.
The program covers four areas:
One focuses on club history and values.
Another covers sustainability and inclusion themes.
A third bridges physical fan communities into digital participation.
The fourth explores Web3 apps like collectibles and loyalty systems, though the club stressed these remain experimental rather than confirmed features.
FC Barcelona Fan Token (BAR) Price Performance. Source: BeInCrypto
Notably, Cardano’s own community grant program, Catalyst Fund 13, helped fund the project. That funding source explains part of why FC Barcelona chose this specific blockchain over rivals.
Why Did FC Barcelona Choose Cardano for This Project?
Sports clubs partnering with crypto projects has become a familiar playbook, one that has produced mixed results elsewhere. Fan tokens tied to major clubs have occasionally struggled with weak liquidity and underwhelming actual utility once initial hype faded.
FC Barcelona isn’t new to this space either. In 2025, Barça Media launched Barça.Pass, a separate Web3 wallet built with Futureverse, reaching over 11 million existing BarçaID users at the time.
ADA, Cardano’s native token, traded near $0.2526 at the time of writing, up 1% over the past 24 hours. The token remains roughly 92% below its all-time high of $3.09, reached on September 1, 2021.
Cardano (ADA) Price Performance. Source: BeInCrypto
Whether Barça Fan Lab delivers meaningful fan engagement, or simply adds another underused digital wallet, will likely depend on adoption numbers the club has not yet disclosed.

Bitget has confirmed that attackers stole $387.5 million from its exchange wallets on September 24. Withdrawals still remain suspended, while the company says its protection fund covers the loss.
Mandiant and SlowMist are investigating. CEO Gracy Chen suspects North Korean involvement, although the initial entry point remains undisclosed.
So, how did the hack potentially take place? BeInCrypto has structured a timeline based on publicly available info.
September 24, 18:31 UTC: Bitget Detects Unauthorized Transfers
Bitget says its security systems detected the transfers at 18:31 UTC and activated emergency procedures within minutes.
The breach affected parts of its hot and warm wallets, which support exchange operations. Its offline cold wallets remained secure, according to the company. The detection time does not establish when attackers first gained access.
最新的进展同步一下：我们正在与独立第三方专家 @Mandiant 和 @SlowMist_Team 合作，对此次事件进行全面调查。 其他几点都是说过的，我再强调一下：-我们的首要任务是保障用户。用户余额保持完整，Bitget 用户保护基金将覆盖此次平台层面事件造成的影响。 -Bitget Wallet 为自托管钱包，运行于与… https://t.co/pZM4XzFolp
— Gracy Chen @Bitget (@GracyBitget) September 25, 2026
19:57–21:06 UTC: Unusual Trades Raise the Alarm
At 19:57, analyst DCF GOD flagged a fresh wallet spending $19.67 million in USDT0 to buy 7,111 ETH in six minutes. It reportedly paid up to 5% above market prices.
The behaviour suggested someone prioritized moving funds quickly. Their motive was still unclear.
By 21:06, Bubblemaps reported roughly $180 million moving from Bitget wallets to a common receiving address, then splitting into several wallets.
21:30 UTC: Chen Confirms the Breach
Chen’s security notice put the initial loss at $351.6 million and confirmed that withdrawals were paused.
The notice came almost three hours after Bitget’s stated detection time. That gap leaves questions about its response, but does not prove funds kept leaving throughout that period.
September 25, 00:43 UTC: The Suspected Method Emerges
Chen said attackers compromised a critical backend system, meaning software that manages wallet operations behind the scenes.
They supplied false transaction data and triggered Bitget’s authorization process. In simple terms, its own system approved fraudulent transfers.
Chen said private-key theft had been ruled out. How attackers entered the backend, and which checks failed, still requires a detailed public explanation.
Tough day for Bitget. I expect and know @Binance, the @BNBCHAIN ecosystem, and the community will do everything we can to help.Stay SAFU! 🙏 pic.twitter.com/cyAEHdSi1S
— CZ 🔶 BNB (@cz_binance) September 25, 2026
14:03 UTC: The Loss Reaches $387.5 Million
Bitget revised its estimate after including affected Zcash and TRON assets. It said the increase reflected a fuller accounting of the original theft.
The company says the vulnerability has been fixed. It promised a withdrawal-plan announcement by September 26 at 04:00 UTC, without committing to reopening withdrawals then.
Why Investigators Suspect North Korean Involvement
Chen cited IP behaviour and blockchain activity consistent with North Korean groups. Several features resemble the February 2025 Bybit theft, which the FBI attributed to North Korea.
Manipulated approvals: Bitget describes false instructions reaching its authorization system. At Bybit, a compromised interface tricked signers into approving a malicious transaction. The mechanisms differ, but both exploited the approval process.
Rapid asset conversion: Bitget-linked funds quickly bought ETH. The FBI documented rapid conversion of Bybit’s stolen assets into other cryptocurrencies.
Splitting funds across wallets: Bubblemaps identified several receiving wallets. Bybit’s proceeds spread across thousands of addresses, according to the FBI.
Using THORChain: MistTrack reported Bitget proceeds entering the protocol and identified its earlier use to move stolen Bybit funds.
These parallels support further investigation. They do not independently identify Bitget’s attackers.

Strategy (formerly MicroStrategy) is proposing daily dividends across STRF, STRC, STRK, and STRD. The company wants its preferred shareholders to earn cash income every calendar day, a model that is unusual in the US stock market.
A dividend is simply money a company pays investors for owning its stock. Under MicroStrategy’s proposal, that income would build up every day, including weekends and holidays, with payment made on the next business day.
The total return would stay the same. The change is mainly about how often investors receive it.
Strategy is proposing daily dividends on $STRF, $STRC, $STRK, and $STRD, accruing every calendar day, including weekends and holidays, and paid the next business day, with economics unchanged. The proposed changes aim to support price stability, liquidity, and demand. pic.twitter.com/N0wkXzi1gl
— Michael Saylor (@saylor) September 25, 2026
Note: Preferred stock is a special type of company share designed mainly to pay investors regular income. Regular stock, like MSTR, gives investors more exposure to the company’s gains and losses, so its price can move much more.
STRC is Becoming an Income Product, Not a Bitcoin Stock
STRC currently pays a 12% annual dividend on its $100 stated value. In simple terms, an investor holding one $100 share would receive around $12 a year at the current rate.
Daily dividends would not increase that amount. They would spread the same income across much smaller, more frequent payments.
Think of it like getting part of your monthly salary every working day instead of receiving one larger payment at the end of the month.
That could make STRC more attractive to investors who care about regular income. Strategy also says the change could support liquidity and price stability.
There are Risks
STRC is designed very differently from MSTR, the company’s flagship stock that tracks Bitcoin movements.
MSTR can rise or fall sharply because investors largely treat it as a leveraged bet on Bitcoin. STRC is built around income and Strategy’s effort to keep its price close to $100.
Daily dividends could reinforce that difference, but they cannot remove the risk.
If Bitcoin falls sharply and investors become concerned about Strategy’s finances, STRC can still trade well below $100. It happened in June, when Bitcoin dropped below $60,000, and STRC dropped to $75.
STRC 6-Month Price Chart. Source: Yahoo Finance
Its dividend also depends on Strategy having enough cash to keep paying it.
What It Means for MSTR Investors
For MSTR shareholders, the impact is more indirect.
Preferred shareholders sit ahead of MSTR holders in Strategy’s capital structure and must be paid before common shareholders receive anything.
So, the difference between the two products is becoming clearer.
MSTR remains the higher-volatility Bitcoin-linked trade. STRC increasingly looks like Strategy’s income product: lower upside, regular cash payments and a structure designed to keep the price relatively stable.