Official_Bitnxt

Why ZEC and NEAR Win Crypto Alternative Asset Bid in 2026

Summary :
David Hoffman identifies Zcash and NEAR Protocol as primary winners of 2026 alternative capital allocation.
Zcash market capitalization climbed to $26 billion as capital moved into fixed-supply privacy assets.
NEAR Protocol gained over 60% in seven days to trade at $4.28 alongside Hyperliquid market expansion.
Grayscale converted its Zcash Trust into the spot ZCSH ETF on NYSE Arca with $304 million initial AUM.
21Shares reports the privacy coin sector expanded nearly fivefold over the past year to reach $30 billion.

https://bitnxt.io/crypto-news/zec-near-crypto-alternative-asset-bid

#Bitnxt

ARK Venture Fund Tokenization Brings OpenAI Exposure Onchain

Summary :
ARK Invest launched tokenized share classes for the ARK Venture Fund (ARKVX) on Ethereum using Securitize infrastructure.
ARKVX holds positions in high-profile private tech firms including OpenAI, Anthropic, Stripe, and Databricks.
The U.S. SEC issued an amended order on September 21, 2026, permitting tokenized share issuance for ATS trading alongside exchange-listed classes.
Investors acquire fund-level interests rather than direct equity ownership in underlying portfolio companies like OpenAI.
Securitize handles onchain issuance under its ticker SECZ following ARK's October 2025 strategic equity investment and $10 million note.

https://bitnxt.io/crypto-news/ark-venture-fund-tokenization-openai

#Bitnxt

Fed Proposes GENIUS Act Stablecoin Reserve Rules for Banks

Summary :
Fed-supervised issuers must maintain 100% reserve backing using short-term U.S. Treasury bills and eligible liquid assets.
Insured state member banks must apply through Federal Reserve Banks to issue stablecoins via dedicated corporate subsidiaries.
Federal Reserve receives 30 days to review application completeness and 120 days to issue a final regulatory decision.
Public comment period spans 60 days following publication of the twin proposals in the Federal Register.
Regulatory proposals follow an August pledge by a 21-bank consortium aiming for a 2027 U.S. dollar stablecoin rollout.

https://bitnxt.io/crypto-news/fed-proposes-genius-act-stablecoin-reserve-rules

#Bitnxt

Strive Raises $86M via SATA for Bitcoin Treasury Buying

Summary :
SATA preferred stock sales generated an estimated $85.88 million across three trading sessions from Sep. 21 to Sep. 23.
Share proceeds correspond to potential buying power for 1,001.67 BTC based on prevailing spot market prices.
Strive previously reported holding 26,355 BTC after purchasing 1,355 BTC for $107.7 million in mid-September.
MicroStrategy acquired 950 BTC for $75.7 million while deploying $174 million to buy back STRC preferred stock.
Strive holds 505,000 STRC preferred shares while offering a 13% annualized September dividend on SATA.

https://bitnxt.io/crypto-news/strive-raises-86m-sata-bitcoin-treasury-buying

#Bitnxt

xStocks Adds Tokenized Shares Hardware Wallet Ledger Support

Summary :
Cumulative transaction volume across the xStocks tokenized equity product line has surpassed $42 billion.
Kraken users can approve transactions and move funds using Ledger devices via the Device Management Kit.
Payward Services will handle direct crypto buying, selling, and fiat swaps inside the Ledger Wallet application.
xStocks remain restricted from U.S. investors and do not grant corporate voting or dividend rights.
Integration includes Clear Signing technology to display exact on-chain transaction details prior to user authorization.

https://bitnxt.io/crypto-news/xstocks-ledger-hardware-wallet-tokenized-shares

#Bitnxt

Former Lawmaker Tim Ryan Boosts CLARITY Act Passage Outlook

Summary :
Former Representative Tim Ryan projects potential CLARITY Act passage during the post-election lame-duck congressional session.
Senate cloture vote failed 49-50 on Sep. 15, falling short of the 60-vote threshold needed to open floor debate.
Seven Senate Democrats who voted against cloture confirmed ongoing bipartisan negotiations to resolve bill friction points.
Legislative debate centers on four unresolved issues: ethics standards, consumer protections, anti-money laundering, and stablecoin yields.
Interim SEC and CFTC administrative actions provide short-term relief but lack the statutory permanence required by institutional builders.

https://bitnxt.io/crypto-news/clarity-act-could-pass-this-year

#Bitnxt

Cardano Fireblocks Token Support Sparks ADA Breakout Test

Summary :
Fireblocks plans full institutional custody and transfer support for Cardano Native Tokens by March 2027.
The integration standardizes CIP-26 registry and CIP-68 metadata tokens, eliminating legacy manual processes.
ADA price climbed to $0.247 after hitting an intraday peak of $0.251 on September 24.
Key technical resistance sits at $0.262, while initial downside support holds firm around $0.235 to $0.236.
CoinGlass liquidation heatmaps show a heavy long-leverage liquidation band clustered at $0.252.

https://bitnxt.io/crypto-news/cardano-fireblocks-token-support-ada-breakout

#Bitnxt

ARK Venture Fund Tokenization Brings OpenAI Exposure Onchain

Summary :
ARK Invest launched tokenized share classes for the ARK Venture Fund (ARKVX) on Ethereum using Securitize infrastructure.
ARKVX holds positions in high-profile private tech firms including OpenAI, Anthropic, Stripe, and Databricks.
The U.S. SEC issued an amended order on September 21, 2026, permitting tokenized share issuance for ATS trading alongside exchange-listed classes.
Investors acquire fund-level interests rather than direct equity ownership in underlying portfolio companies like OpenAI.
Securitize handles onchain issuance under its ticker SECZ following ARK's October 2025 strategic equity investment and $10 million note.

https://bitnxt.io/crypto-news/ark-venture-fund-tokenization-openai

#Bitnxt

New York Sues Polymarket Over Alleged Unlicensed Gambling

Summary :
New York Attorney General Letitia James filed a Manhattan state court lawsuit against Polymarket on September 24.
The petition alleges unlicensed sports wagering, targeting event contracts like a July Dodgers versus Mets game.
State prosecutors cite age restrictions, arguing Polymarket permitted users aged 18 to 20 on a 21-plus sports betting market.
Enforcement remedies demand an immediate operational halt, customer restitution, civil fines, and asset forfeiture.
The lawsuit escalates a federal-state jurisdictional battle over CFTC oversight versus state gaming enforcement.

https://bitnxt.io/crypto-news/new-york-sues-polymarket-illegal-gambling

#Bitnxt

Fed Proposes GENIUS Act Stablecoin Reserve Rules for Banks

Summary :
Fed-supervised issuers must maintain 100% reserve backing using short-term U.S. Treasury bills and eligible liquid assets.
Insured state member banks must apply through Federal Reserve Banks to issue stablecoins via dedicated corporate subsidiaries.
Federal Reserve receives 30 days to review application completeness and 120 days to issue a final regulatory decision.
Public comment period spans 60 days following publication of the twin proposals in the Federal Register.
Regulatory proposals follow an August pledge by a 21-bank consortium aiming for a 2027 U.S. dollar stablecoin rollout.

https://bitnxt.io/crypto-news/fed-proposes-genius-act-stablecoin-reserve-rules

#Bitnxt

Strive Raises $86M via SATA for Bitcoin Treasury Buying

Summary :
SATA preferred stock sales generated an estimated $85.88 million across three trading sessions from Sep. 21 to Sep. 23.
Share proceeds correspond to potential buying power for 1,001.67 BTC based on prevailing spot market prices.
Strive previously reported holding 26,355 BTC after purchasing 1,355 BTC for $107.7 million in mid-September.
MicroStrategy acquired 950 BTC for $75.7 million while deploying $174 million to buy back STRC preferred stock.
Strive holds 505,000 STRC preferred shares while offering a 13% annualized September dividend on SATA.

https://bitnxt.io/crypto-news/strive-raises-86m-sata-bitcoin-treasury-buying

#Bitnxt

xStocks Adds Tokenized Shares Hardware Wallet Ledger Support

Summary :
Cumulative transaction volume across the xStocks tokenized equity product line has surpassed $42 billion.
Kraken users can approve transactions and move funds using Ledger devices via the Device Management Kit.
Payward Services will handle direct crypto buying, selling, and fiat swaps inside the Ledger Wallet application.
xStocks remain restricted from U.S. investors and do not grant corporate voting or dividend rights.
Integration includes Clear Signing technology to display exact on-chain transaction details prior to user authorization.

https://bitnxt.io/crypto-news/xstocks-ledger-hardware-wallet-tokenized-shares

#Bitnxt

Cardano Fireblocks Token Support Sparks ADA Breakout Test

Summary :
Fireblocks plans full institutional custody and transfer support for Cardano Native Tokens by March 2027.
The integration standardizes CIP-26 registry and CIP-68 metadata tokens, eliminating legacy manual processes.
ADA price climbed to $0.247 after hitting an intraday peak of $0.251 on September 24.
Key technical resistance sits at $0.262, while initial downside support holds firm around $0.235 to $0.236.
CoinGlass liquidation heatmaps show a heavy long-leverage liquidation band clustered at $0.252.

https://bitnxt.io/crypto-news/cardano-fireblocks-token-support-ada-breakout

#Bitnxt

Former Lawmaker Tim Ryan Boosts CLARITY Act Passage Outlook

Summary :
Former Representative Tim Ryan projects potential CLARITY Act passage during the post-election lame-duck congressional session.
Senate cloture vote failed 49-50 on Sep. 15, falling short of the 60-vote threshold needed to open floor debate.
Seven Senate Democrats who voted against cloture confirmed ongoing bipartisan negotiations to resolve bill friction points.
Legislative debate centers on four unresolved issues: ethics standards, consumer protections, anti-money laundering, and stablecoin yields.
Interim SEC and CFTC administrative actions provide short-term relief but lack the statutory permanence required by institutional builders.

https://bitnxt.io/crypto-news/clarity-act-could-pass-this-year

#Bitnxt

XRP Ledger Delegation Upgrade Targets Oct. 5 Launch Window

Summary :
PermissionDelegationV1_1 had support from 29 of 35 trusted validators when its activation window began.
The upgrade could activate around 11:18 UTC on Oct. 5 if support stays at or above 80%.
Delegated accounts can receive up to 10 permissions without controlling the owner's main keys.
A revised implementation follows a fee-draining flaw found in the earlier proposal.
The amendment does not change XRP supply or guarantee a token-price response.

https://bitnxt.io/crypto-news/xrp-ledger-delegation-upgrade-october-activation

#Bitnxt

Hyperliquid Open Interest Record Tops $18B as Perps Surge

Summary :
Hyperliquid reported a record $18 billion in bilateral open interest on Sept. 23.
The prior $16.36 billion high was set on Sept. 19.
Bitcoin, Ether and HYPE accounted for roughly $9.33 billion of positions in a later snapshot.
HIP-3 expanded perpetual markets into equity, commodity and index references.

#Bitnxt

Solana Alpenglow Testnet Targets 150ms Finality Speed

Summary :
Solana is preparing its Alpenglow consensus upgrade for the public testnet.
The design targets roughly 150-millisecond finality, versus about 13 seconds under the current process.
Alpenglow replaces TowerBFT voting with a system called Votor.
Agave 4.3 carries the test code; Firedancer and Frankendancer do not yet support it.
Sept. 28 is a tentative date for Agave feature activation, not a confirmed Alpenglow mainnet launch.

https://bitnxt.io/crypto-news/solana-alpenglow-testnet-150ms-finality-upgrade

#Bitnxt

Binance Stocks Account Migration Replaces Funding Structure

Summary :
Binance begins shifting non-stock crypto from Funding Accounts to Spot Accounts on Sept. 29.
The Funding Account is scheduled to become a Stocks Account in January 2027.
Six settlement assets may remain in the securities account, without direct onchain withdrawals from it.
Advertisers on the P2P marketplace face a separate account transition beginning in December.
Automatic migration is planned in batches, so customers need not move every balance manually.

https://bitnxt.io/crypto-news/binance-stocks-account-funding-account-migration

#Bitnxt

Bitcoin Bull Cycle Could Gain 3-5x, Says CryptoQuant

Summary :
CryptoQuant founder Ki Young Ju forecasts a 3-5x gain across the current Bitcoin bull cycle.
He did not specify a starting price or say Bitcoin will multiply from today's level.
His case draws on realized capitalization, holder profitability and institutional ownership.
The MVRV ratio remaining above one is an observed feature of his analysis, not a guarantee of future returns.

https://bitnxt.io/crypto-news/bitcoin-bull-cycle-3-5x-cryptoquant-forecast

#Bitnxt

Bitpace Fireblocks Integration Expands Stablecoin Settlement

Summary :
Bitpace integrated Fireblocks into its cross-border business-payment infrastructure.
Its platform supports more than 75 cryptocurrencies and 40 fiat currencies.
Fireblocks reports more than $200 billion in monthly stablecoin volume across its whole network, not Bitpace alone.
The companies did not give a Bitpace volume target or name the next jurisdictions it plans to enter.

https://bitnxt.io/crypto-news/bitpace-fireblocks-integration-stablecoin-settlements

#Bitnxt