Coinstar

📢 Major crypto market maker GSR is committing $100 million (primarily as a credit facility) to launch a new on-chain business called Hare.

Hare will build and manage on-chain credit vaults in partnership with Turtle. The main goal is to bridge institutional capital with decentralized finance (DeFi) infrastructure.

At launch, there will be two investment vaults built on the architecture of the popular lending protocol Aave:

- A pool for deploying leading dollar stablecoins to generate yield.

- A joint product with Paxos Labs that will, for the first time, allow holders of tokenized gold (PAXG and PAXGy) to earn passive interest yield on their assets.

According to Hare CEO Connor Milner, the $100 million from GSR acts as anchor liquidity. This ensures the vaults operate smoothly from day one and signals to external allocators that GSR is risking its own capital in the same pools.

The launch of Hare highlights the surging demand for on-chain credit and tokenized real-world assets (RWA). The smart contract industry for wealth management is expanding rapidly; as of July, roughly $8.6 billion was already locked in such vaults.

In a broader context, this move demonstrates how traditional institutional market makers are transitioning from simple crypto speculation to building complex credit products directly on the blockchain, replacing classic bank risk-management departments with software code.

#CRYPTO #RWA #BLOCKCHAIN #DEFI $PAXG $AAVE $TURTLE

🚀 Solana Foundation's new tool for institutional settlements:

The Solana Foundation has launched Solana DvP, an open-source program that allows financial institutions to settle trades in a matter of seconds, rather than the traditional several days.

The project was built with direct input from banking giant J.P. Morgan. The bank's team provided their insights and shared years of clearing experience to help shape a standardized API that meets the strict requirements of traditional finance.

The tool operates as a smart escrow under the Delivery-versus-Payment model. It compresses the traditional chain of intermediaries (clearinghouses and custodians) into a single on-chain transaction. The asset and payment change hands strictly simultaneously — either both parts of the trade are executed, or neither is, completely eliminating counterparty default risk.

The launch of this standard cements Solana's status as a premier platform for real-world asset (RWA) tokenization. The blockchain is already actively involved in institutional projects, ranging from commercial paper settlements (a Galaxy Digital trade arranged by J.P. Morgan) to trading tokenized U.S. equities via Kraken's products.

The introduction of a standardized DvP protocol is a crucial infrastructure bridge. It provides regulated Wall Street players with a reliable and technically clear mechanism for migrating traditional securities trading en masse into a high-speed blockchain environment.

#SOL #SOLANA $SOL

🌐 Payment giant Stripe will expand the issuance of stablecoin-backed bank cards to over 100 countries.

Stripe does not issue cards directly to end consumers. The company provides a B2B gateway for marketplaces, fintech apps, and crypto platforms, including Kraken, Ramp, and Morse.
These platforms will be able to offer their users cards tied to digital dollar balances.

A user can receive payouts in stablecoins, including the recently integrated "open" standard Open USD (OUSD), and pay with the card in everyday life. On the merchant's side, the transaction goes through classic card infrastructure without the need to implement blockchain solutions for checkout processing.

The 100-country reach reflects the jurisdictions where partner platforms will be able to launch their card programs, although the final issuance of physical cards will depend on local verification and KYC rules. The initiative is directly aimed at regions where moving traditional fiat dollars involves high fees and delays.

Stripe's roadmap includes further integration with decentralized lending protocols. In the future, this will allow cards to be linked to balances in DeFi lending smart contracts, so that user funds can continue generating passive yield right up to the moment a transaction is made at a store.

Such solutions are turning stablecoins into a fully-fledged payment layer for global trade, where all the technical complexities of instantly converting blockchain assets into fiat are handled by the infrastructure provider.

#CRYPTO #BLOCKCHAIN #DEFI $USDC

✅ Bitcoin Core developers have patched a vulnerability in the transaction signing mechanism that allowed attackers to swap the recipient's address and redirect funds without stealing the user's private keys.

The core of the problem was that under certain conditions, a hacker could change the destination address of a transfer while the sender's digital signature remained cryptographically valid.

To prevent such attacks, a safeguard was introduced that directly blocks the signing capability for the affected legacy and SegWit v0 inputs.

The corresponding fix was merged into the Bitcoin Core master branch on September 25; however, as of early October, the exact stable release version containing the patch has not been officially announced.

This incident clearly demonstrates that simply keeping a seed phrase secret is not enough to secure assets—the integrity of the blockchain transfer validation process itself is critically important.

#BTC #BITCOIN $BTC

🧠 How tokenization and BlackRock's initiatives are transforming wealth management:

Traditionally, investors have had to build a portfolio from multiple disparate stocks, bonds, or funds and periodically rebalance them. Tokenization erases these complexities: an investor can hold a single token on their balance sheet, with the entire complex strategy algorithmically coded directly into its smart contract.

The industry has moved far beyond creating simple on-chain copies of individual stocks or treasury bills. The focus is now on bringing the actual portfolio management process onto the blockchain—where rebalancing and asset allocation are executed by software code directly on top of the underlying assets.

The combination of AI and tokenization paves the way for hyper-personalization. In the near future, algorithms will be able to automatically construct and rebalance investment tokens tailored to a specific investor's financial goals, risk tolerance, and even individual tax situation.

A tokenized portfolio is not a static record in a brokerage account. Because the token exists on-chain, it can be instantly transferred between non-custodial wallets and platforms. Moreover, an entire investment portfolio could be used as a single piece of collateral to secure loans or be easily integrated into other decentralized finance (DeFi) products.

Globally, this means the very concept of "asset management" is gradually turning into software that operates seamlessly across blockchain networks, blurring the lines between retail investors and complex institutional-grade strategies.

#CRYPTO #DEFI #BLACKROCK $BTC

📢 A U.S. regional banking association has filed a lawsuit against the Office of the Comptroller of the Currency (OCC), one of the country's primary financial regulators.

The dispute centers on the agency's decision to grant limited purpose trust charters (national bank charters) to cryptocurrency companies.

Representatives of the traditional financial sector argue that this practice sets a dangerous precedent.

These charters provide crypto startups with federal status and legitimacy, granting them access to classic settlement infrastructure.

At the same time, these digital companies remain exempt from key requirements mandatory for traditional banks: strict capital reserve standards, consolidated oversight by the Federal Reserve, and federal deposit insurance mechanisms (FDIC).

According to the plaintiffs, this approach not only creates unfair regulatory competition but also poses a direct threat to systemic stability.

The bankers are demanding the court annul the OCC's current guidelines, insisting that the crypto industry should not receive the privileges of the traditional financial system without fully accepting all associated costs and security guarantees.

#CRYPTO #FED $USDC

🪙 The Citi research team, led by Alex Saunders, has officially raised its base target for the flagship cryptocurrency to $113,000.

The primary focus is on the continued expansion of institutional capital. According to the bank's estimates, net inflows into spot Bitcoin ETFs will reach around $5 billion over the next 12 months, creating sustained buying pressure.

Analysts' confidence was bolstered by Bitcoin successfully breaking and holding above the 200-day moving average. This is a crucial long-term trend indicator; breaking through it traditionally triggers a sharp improvement in market sentiment.

The forecast is perfectly timed at the start of the historically strong fourth quarter for crypto (the so-called "Uptober"), a period when digital assets statistically deliver their highest returns.

This report is yet another clear confirmation that major Wall Street players no longer view levels above $100,000 as a fantasy. Instead, they are systematically factoring six-figure BTC prices into their baseline investment scenarios.

#BTC #BITCOIN #ETF $BTC

📢 For the first time in decades, the U.S. SEC has begun modernizing its rules for transfer agents—the institutions responsible for keeping track of securities owners and registering property rights.

The existing regulatory framework was built back in the era of paper certificates and faxes, turning it into the primary operational bottleneck on Wall Street's path toward massive blockchain adoption and the tokenization of real-world assets (RWAs). Ultra-fast blockchain settlements are colliding with outdated regulatory requirements for recording ownership, creating the risk of systemic failures as the volume of tokenized securities grows.

Updating these rules will allow transfer agents to legally use distributed ledgers and smart contracts as official record-keeping systems. This removes a crucial legal barrier for major institutional players, enabling them to fully integrate traditional financial market infrastructure with cryptographic settlement networks without the risk of drowning in bureaucratic conflicts.

#SEC #RWA #SECToClarifyOnChainFundraisingRules $USDC

🚀 Bitcoin is showing immense strength, outperforming gold amid macroeconomic shifts and rising bond yields that traditionally weigh on the precious metal. This quarter, BTC has surged over 40%, leaving gold and the S&P 500 behind.

According to analysts (including Fidelity experts led by Jurrien Timmer), a classic "double bottom" (W-shaped) pattern has formed on the chart. A successful breakout from this setup confirms the end of the downtrend and opens a clear technical path toward the milestone $100,000 mark.

The derivatives market is seeing massive interest in bullish options. Specifically, call options (bets on price increases) hold massive volumes: options with a $95,000 strike hold about $2.33 billion, while the $100,000 strike holds roughly $1.79 billion.

Bitcoin is on track to break a multi-year trend (active since 2013) where a strong August was always followed by a losing September. The final days of the month cement a rare three-month winning streak (July–September).

The market is heavily positioning itself for a continued massive bull run, with technical and institutional factors making the $100,000 mark a realistic target for major players rather than just a crypto enthusiast's dream.

#BTC #BITCOIN #EarningsSeason $BTC

💳 Goldman Sachs is integrating its massive $100 billion FTIXX treasury fund directly into digital asset market plumbing via the Lynq settlement network.

Unlike other Wall Street giants (such as BlackRock's BUIDL or Franklin Templeton's BENJI), Goldman Sachs is not issuing a dedicated blockchain version or tokenized wrapper of the fund. Instead, the traditional financial instrument itself is being plugged into crypto-native workflows.

The fund is integrated into the Lynq network (powered by an Avalanche Layer 1 private blockchain), with transactions facilitated by SEC-regulated broker-dealer tZERO Securities.

Major market makers and crypto funds (including Wintermute, B2C2, FalconX, Crypto.com, and Fireblocks) operating on the platform frequently hold massive amounts of idle cash between trades. They can now park this liquidity directly into Goldman's secure treasury assets, earn yield, and instantly redeploy capital back into trading.

Strict compliance applies—access is gated, requiring proper onboarding through tZERO Securities and adherence to U.S. regulatory standards.

This marks a major step in merging traditional finance and crypto market "plumbing," allowing institutional capital to flow and earn yield with unprecedented efficiency.

#AVAX #SEC #CRYPTO $AVAX

🪙 Even more orange

Strategy (formerly MicroStrategy) Executive Chairman Michael Saylor posted a chart on X captioned “Even more orange.” Each orange dot on his charts traditionally marks a Bitcoin purchase, with the dot's size reflecting the buy volume.

• Such posts often serve as unofficial teasers ahead of the company's official US regulatory filings, typically released on Mondays. Last week, a similar tweet preceded the announcement of a 950 BTC purchase.

• Alongside crypto acquisitions, Strategy spent $174 million last week buying back its STRC preferred dividend-paying shares. This amount is more than double what it spent on its latest Bitcoin buy ($76 million).

• The market is awaiting today's official filing to confirm the new purchase volumes. The company's current treasury holds 846,000 BTC at an average cost of approximately $75,416.

#BTC #StrategyStriveAdd2305BitcoinThisWeek #BITCOIN $BTC $STRC $MSTRB

📢 Binance and Circle partnership

Binance has invested $100 million in Circle (the USDC issuer) and signed a new commercial agreement to promote the stablecoin on its platform.

The strategic goal of this partnership is the aggressive expansion of USDC across emerging markets. This distributor-shareholder model financially incentivizes the exchange to boost the stablecoin's liquidity.

The integration is already showing results: the number of USDC spot trading pairs on Binance has grown from 140 to 329. Average monthly trading volume for these pairs doubled from $20–40 billion to over $80 billion, with daily volumes stabilizing at $5–10 billion.

Meanwhile, Circle is expanding its off-exchange infrastructure by acquiring the Singapore-based payment startup Tazapay for $400 million to broaden banking gateways in Asia.

Analysts suggest that this alliance between the largest crypto exchange and the USDC issuer will increase pressure on Tether (USDT) in the stablecoin dominance race. USDC's current market cap sits at roughly ~$75 billion, nearly half of USDT's ~$183 billion.

Experts note that dethroning Tether in the short term will be challenging due to established user habits and deep local USDT liquidity across various markets.

#BINANCE #USDC #USDT #CircleTetherFreezeBitgetHackerWallet $USDC $CRCL

🚨 The largest crypto hack of 2026: Bitget loses $351.6 million

Hackers stole approximately $351.6 million in assets, making this incident the largest crypto exploit of the entire year.

The attackers did not steal private keys. Instead, they compromised the hot wallet backend infrastructure, falsified internal transaction histories, and fraudulently initiated withdrawals.

The primary targets were AVAX, BNB, ETH, and stablecoins (USDC, USDT). The hackers immediately began converting the funds to Ethereum via bridges to complicate tracking. Analysts at Arkham Intelligence were the first to spot the massive on-chain anomaly.

Bitget management has temporarily suspended withdrawals to conduct security checks. Cold wallets, which hold the vast majority of assets, remain unaffected. Trading and deposits continue to function normally.

Exchange CEO Gracy Chen officially guaranteed that 100% of user losses will be fully covered by the User Protection Fund. The fund's current reserves exceed $464 million, allowing the exchange to close the financial gap independently.

Cybersecurity experts suspect that North Korean-linked hacker groups orchestrated the exploit.

#CircleTetherFreezeBitgetHackerWallet #ETH #BNB $ETH $AVAX $BNB

⚡️ $16.6 billion crypto options expiration today

Today, September 25, the crypto market is going through one of the major macro events of the third quarter. Long-term Bitcoin and Ethereum options are expiring on the platform Deribit.

Total expiration volume: $16.6 billion. Bitcoin (BTC) share: $14.63 billion. Ethereum (ETH) share: $1.93 billion.

Why does this matter for the price right now? The key metric for such events is the "max pain" point. This is the price level at which the majority of options buyers lose money, while large market makers maximize their profits. Currently, for Bitcoin, this zone is in the $72,000 – $75,000 range.

However, the actual BTC price is holding significantly higher (around $84,000). Right up until the contracts close, major players are forced to actively hedge their risks, which often restrains or distorts natural price movements.

Once the options expire, this pressure barrier will disappear. Historically, the closing of quarterly contracts of this magnitude triggers sharp spikes in volatility.

#BTC #BITCOIN #ETH #ETHEREUM $BTC $ETH

📢 White House defends Trump's crypto ties amid Clarity Act stalemate

White House crypto advisor Patrick Witt issued a sharp statement defending President Donald Trump against accusations that his personal interests in the industry caused the Digital Asset Market Clarity Act to be blocked in the Senate.

Statements:

Unprecedented concessions: According to Witt, Trump made historic compromises on ethics issues. The President agreed to terms that would have forced him to sell his crypto assets or place them in a "blind trust." Furthermore, the administration was willing to allow state attorneys general to sue the federal government for failing to police ethics violations.

Hypocrisy in the Senate: The advisor called the Democrats' position politicized, using Trump's ties as a political weapon. He highlighted the irony of senators on banking committees accusing the president of a conflict of interest while actively trading stocks of the very financial companies they regulate.

Hidden factor (Banking lobby): Beyond politics, strong resistance came from the traditional financial sector. Major banks feared competition from stablecoins — in their view, yield-bearing digital asset programs could trigger a massive outflow of deposits. Witt called these fears "entirely hypothetical and speculative."

Shift in regulatory focus: Witt noted that the chances of advancing the bill before the end of the year during the "lame duck" session are practically exhausted. Due to this stalemate, the primary power and authority in shaping rules for the crypto market now shift to federal agencies — the SEC and CFTC.

#TRUMP #SEC #CLARITYAct $TRUMP

🌐 Canada’s "Big Six" banks launch tokenized deposits

Canada's six largest banks have officially teamed up to develop a system for tokenized deposits pegged to the Canadian dollar (CAD).

The joint venture includes the dominant institutions in the country's financial system: Bank of Montreal, CIBC, National Bank of Canada, Royal Bank of Canada (RBC), Scotiabank, and TD Bank Group. Other banks may join at a later stage.

Tokenized deposits will represent a digital form of actual client funds already held in the banks, unlike independent stablecoins issued by crypto companies. All liquidity will remain entirely within the strictly regulated banking system.

At launch, the project will focus on testing the instant transfer of tokens between participating banks. Implementing a unified system will enable 24/7 programmable payments, removing the limitations of traditional banking hours.

Canadian banks are reluctant to cede blockchain operations to private stablecoin issuers. This move aligns with a broader global trend where similar closed institutional networks are already being developed by JPMorgan, Citi, and Wells Fargo, as well as being tested by the Swift system for cross-border transfers.

The initiative is a logical continuation of the spring experiment "Project Samara," during which the Bank of Canada, in collaboration with RBC and TD, successfully issued and settled 100 million CAD (about $71 million) in bonds using distributed ledger technology.

The creation of a shared blockchain platform by major national banks indicates that the traditional fiat sector is gearing up for full integration with distributed ledger technologies to maintain institutional control over the next generation of financial flows.

#CRYPTO #TokenizedStockPlatformsCouldLaunchNextQuarter $USDC

📢 Bitcoin aims for $90,000: Massive short squeeze and traders' warnings

Breakthrough to new highs: Bitcoin successfully broke through the $86,000 level, hitting an 8-month high (since late January 2026). Bitcoin Index (XBX), the asset's daily growth exceeded 6.6%, reaching $86,516 (on some trackers, the price momentarily touched $87,000).

Fuel for growth (Short squeeze): The current powerful price momentum is largely driven by the mass liquidation of short positions. Sellers who bet on a decline are being forced to urgently buy back coins, thereby pushing the quotes even higher.

Hidden threat (Rising leverage): Despite the positive dynamics, professional traders are sounding the alarm. High-leverage open interest is rapidly accumulating in the derivatives market. A rally driven primarily by margin trading makes the market overheated and highly vulnerable to cascading liquidations in the event of a local correction.

Condition for testing $90,000: analysts emphasize that further movement toward the $90,000 level depends on the inflow of real capital. If organic demand from spot buyers does not support the current derivatives-driven rally, the asset may fail to hold its newly gained heights.

#BTC #BITCOIN $BTC

🚀 Bitcoin's market cap surpasses Tesla and Samsung

Bitcoin has returned to the top 15 largest assets on the planet, overtaking two global tech giants in market value.

The market value of the first cryptocurrency reached $1.615 trillion (hitting up to $1.63 trillion during the weekend's local peaks).

Bitcoin surpassed Tesla ($1.438 trillion) and Samsung ($1.237 trillion).

In the list of the world's largest assets by CompaniesMarketCap, BTC now confidently holds the 13th place, pushing Tesla down to 14th and Samsung to 15th.

The market cap growth was a direct result of the recent price momentum, during which the asset consolidated above $81,000, reaching a local weekend high of $81,914.

Amid this news, MicroStrategy founder Michael Saylor once again emphasized that with a valuation of over $1.6 trillion, Bitcoin no longer needs to become a daily medium of exchange — its primary function is reliable long-term wealth preservation.

#BTC #BITCOIN #CircleLaunchesInstitutionalBTCBackedBorrowing #SaylorHintsStrategyBitcoinBuy $BTC

📊 Spot Bitcoin ETFs resume inflows ($159.5M)

Large players have resumed aggressive Bitcoin buying after several days of continuous capital outflows.

The main growth driver was BlackRock's IBIT fund, which attracted +$183.7M. The giant's confidence in the asset outweighed profit-taking in smaller funds.

The total net inflow into spot BTC ETFs over the past 24 hours reached +$159.5M, breaking the previous selling streak.

Institutions remain cautious regarding Ether. Ethereum ETFs recorded outflows for the third consecutive session, with daily withdrawals amounting to -$39M.

The return of institutional buying helped Bitcoin secure its position above $80,000 – $81,000, triggering a massive short squeeze and liquidating over $200M in short positions.

#BTC #ETH #BITCOIN #ETHEREUM #ETF $BTC $ETH

❗ BITCOIN - $266,000?

A fresh analytical report and data from JPMorgan have made waves in the market.

1. Long-Term Valuation («Fair Value») of $266,000 The bank's internal valuation model estimates Bitcoin's potential («fair value») at $266,000. This figure is based on a comparison between Bitcoin and gold—analysts recalculate BTC's market capitalization adjusted for how much private capital investors put into physical precious metals (bars and coins). If the level of trust and investment in Bitcoin matches that of gold, its price would multiply significantly.

2. Inflows Comparison: Bitcoin ETFs vs. Gold The report highlights an interesting trend: traditional gold ETFs have fully recovered (regained 100%) all capital outflows for the year, whereas Bitcoin ETFs have only recovered about half. Because of this, institutional short interest and hedging in crypto ETFs remained high (for instance, short positions on the IBIT fund reached local peaks).

3. Why Is the Price Currently Below the Model? Analysts emphasize that $266k is not a speculative target for the immediate future, but rather a long-term benchmark. Currently, the market is constrained by regulatory headwinds in the US (stalled legislation) and a period of capital reallocation. However, once defensive hedging and selling pressure subside, Bitcoin's risk-to-reward ratio will become extremely attractive for medium-term growth.

#BTC #BITCOIN #ETF $BTC