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Ripple's RLUSD Drives $2.5B in XRP Ledger Trading, Evernorth Reveals

New on-chain data shows RLUSD is strengthening XRP Ledger activity, surpassing $2.5 billion in trading volume while increasing XRP transactions, liquidity, and network usage instead of replacing XRP demand.

#Ripple #XRP $XRP #Bitnxt

More: https://bitnxt.io/news/ripple-rlusd-drives-xrp-ledger-trading-volume-2026

Crackdown in Shanghai: Five Sentenced to Prison Over $29 Million Crypto-Forex Scheme

SHANGHAI — A Shanghai court has handed down prison sentences to five individuals involved in a sophisticated, underground foreign exchange ring that leveraged stablecoins to bypass China's strict capital controls. The operation, which managed to illegally transfer over 210 million yuan ($29 million), highlights the escalating cat-and-mouse game between Chinese regulators and underground networks utilizing digital assets to move money across borders.
The ruling serves as a stark reminder of Beijing's unwavering stance against cryptocurrency-facilitated financial crimes, coming on the heels of the newly tightened regulatory notices aimed at curbing virtual currency risks.

More: https://bitnxt.io/news/crackdown-in-shanghai-five-sentenced-to-prison-over-29-million-crypto-forex-scheme

#Shanghai #Bitnxt

BitMEX Shakes Up Its C-Suite, Names New CEO Amid Sale Talk

BitMEX has cleared out a significant chunk of its senior leadership team, continuing a broader push to reshape the business at a moment when reports of a possible sale keep resurfacing. According to a report from CoinDesk, the exchange has removed three top executives from their posts: chief executive Stephan Lutz, chief financial officer Ina Steiner, and chief growth officer Raphael Polansky.

Stepping into the CEO role is Peter Wilkinson, a BitMEX veteran who previously served as the company's global general counsel and chief operating officer. His move to the top job was confirmed through recent updates to his LinkedIn profile, rather than a formal company announcement, suggesting the transition is still unfolding quietly behind the scenes.

A Company That Has Cycled Through Leadership Before

This isn't the first time BitMEX has rebuilt its leadership from the top down. The exchange was founded back in 2014 by Arthur Hayes, Ben Delo, and Samuel Reed, all of whom stepped away from day-to-day management in 2020 after U.S. authorities filed criminal charges accusing the company of failing to maintain adequate anti-money-laundering controls. BitMEX later pleaded guilty to those charges.

Alexander Hoeptner took over as CEO in early 2021 following the founders' departure, before handing the role to Stephan Lutz in 2022, a transition that happened in the middle of the previous broad downturn across crypto markets. Now, just a few years later, the exchange is going through another executive reset — this time with Wilkinson, an insider rather than an outside hire, taking the reins.
The timing of this latest shake-up is notable.

BitMEX has reportedly been looking for a buyer, and trimming senior leadership is the kind of move that can help lower operating costs while making the ....

More: https://bitnxt.io/news/bitmex-new-ceo-peter-wilkinson-sale-speculation

#BitMEX #Bitnxt

U.S. Lifts Emergency Export Controls, Allowing Anthropic to Restore Claude Fable 5

In a rapid reversal that has sent ripples through the tech sector, the U.S. government has officially lifted the emergency export controls imposed on Anthropic’s flagship artificial intelligence models. Effective immediately, global access is being restored to Claude Fable 5 and its restricted sibling, Claude Mythos 5, concluding a tense, two-week blackout that left developers and enterprise clients in limbo.

The decision represents a major sigh of relief for Anthropic and a significant de-escalation in the friction between the AI startup and federal regulators.

More: https://bitnxt.io/news/us-lifts-export-controls-anthropic-claude-fable-5-restored

#Anthropic #Bitnxt

The Trump Trade: How Iran Diplomacy Became Crypto's Newest Price Lever

Trump's renewed Iran diplomacy has become a key crypto market catalyst, with easing geopolitical tensions lifting Bitcoin, lowering oil prices, and reshaping investor expectations around inflation, interest rates, and risk assets.

More: https://bitnxt.io/news/trump-iran-talks-bitcoin-crypto-market-oil-price-impact

#TRUMP #iran #Bitnxt

Citi Slashes Bitcoin and Ether Forecasts as ETF Inflows Dry Up Completely

Citi sharply cut its Bitcoin and Ether price forecasts after reducing expected spot ETF inflows to zero, citing regulatory uncertainty, weaker institutional demand, and capital rotating toward AI investments.

More: https://bitnxt.io/news/citi-cuts-bitcoin-ether-price-forecast-etf-outlook-2026

#citibank #Bitcoin $BTC #Bitnxt

Bitcoin ETF Drought Breaks: $221M Pours In as Investors Bet the Worst Is Over

U.S. spot Bitcoin ETFs recorded $221.7 million in net inflows, ending a 10-day outflow streak as Bitcoin rebounded above $61,000, signaling renewed institutional confidence despite continued BlackRock withdrawals.

#bitcoin $BTC #Bitnxt #etf

More: https://bitnxt.io/news/bitcoin-etf-drought-breaks-221m-pours-in-as-investors-bet-the-worst-is-over

SharpLink Picks Up $46.7M in Ether Through Weekend OTC Trades

The Ethereum treasury firm has now bought $62.4 million worth of ETH in three days, even as the token sits near its 2026 lows and ETF outflows stretch into a seventh straight week.

More: https://bitnxt.io/news/sharplink-buys-62m-ether-weekend-otc-trades

#SharpLink #OTC #Bitnxt

More: https://bitnxt.io/crypto-news/giwa-mainnet-unlaunched-rpc-leak-denial

#Bitnxt #bitcoin #BTC #Ethereum #solana

More: https://bitnxt.io/crypto-news/bitcoin-etf-inflows-5-3b-treasury-buyback-plan

#Bitnxt

More: https://bitnxt.io/crypto-news/bitcoin-hashrate-falls-3-week-low-miner-sales

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Bitcoin Options Expiry Settles Billions as Max Pain Hits 75k

Summary :
Deribit quarterly expiry settled on September 25 at 08:00 UTC using a 30-minute time-weighted average price.
September 23 data showed $16.1 billion in Bitcoin options open interest across 167,000 to 184,000 BTC contracts.
Put/call ratio hovered between 0.69 and 0.71 with max pain concentrated near the $75,000 to $76,000 range.
Inverse BTC option contracts settled cash flows directly in BTC while linear contracts required USDC settlement.

https://bitnxt.io/crypto-news/bitcoin-options-expiry-settlement-max-pain

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Crypto Derivatives Collateral Faces Haircuts as Prices Drop

Summary :
CFTC updated crypto activity FAQs on September 24, 2026, addressing tokenized customer investments and recordkeeping.
Staff Letter 26-05 allows futures commission merchants to recognize customer crypto as margin under specific conditions.
Mandatory 20% haircut on non-stablecoin crypto means $100,000 in pledged tokens yields $80,000 in recognized margin value.
Falling spot prices compound margin deficits by reducing recognized collateral value alongside trade losses.

https://bitnxt.io/crypto-news/crypto-derivatives-collateral-haircuts-margin-calls

#Bitnxt

Bitwise NEAR ETF Listing Approval Pushes Price Toward $5

Summary :
NYSE Arca approved the listing application for the Bitwise NEAR ETF under ticker NRR on September 24.
Fund prospectus establishes a 0.75% annual fee and sets initial seed purchasing at $500,000 for 20,000 shares.
Bitwise structure plans to stake 100% of holdings, retaining 67% of generated rewards after 33% operational fees.
NEAR token surged 43% over seven days to $4.96, lifting year-to-date performance above 176%.

https://bitnxt.io/crypto-news/bitwise-near-etf-listing-five-dollars

#Bitnxt

Solana Oracle Support Ends as Switchboard Deprecates Feeds

Summary :
Switchboard Technology Labs officially ended technical support and deprecated all oracle implementations on September 25, 2026.
Integrators were urged to migrate price feeds immediately to alternative oracle networks including Pyth and RedStone.
Jito Tip Router documentation lists Switchboard for vault asset weighting, backed by programmatic fallback mechanisms.
Marginfi deployed Program 0.1.11 to introduce nine non-Switchboard oracle setups, requiring developer SDK upgrades to version 2.8.0+.
Outdated integration SDKs decoding newly added oracle enum values risk throwing initialization errors across connected client apps.

https://bitnxt.io/crypto-news/solana-oracle-support-ends-switchboard-deprecation

#Bitnxt

Ripple Gives $300K to Nepal and Tibet Flood Relief

Ripple donated $300,000 to flood relief in Nepal and Tibet through its Water.org partnership using RLUSD stablecoin, as part of its broader humanitarian payments initiative.

https://bitnxt.io/crypto-news/ripple-gives-300k-nepal-tibet-flood-relief

#Bitnxt

Anthropic IPO Voting Control Plan Gives Founders Majority

Summary :
Anthropic co-founders asked shareholders to approve a 50.1% voting majority share class ahead of its public debut.
The super-voting control structure requires at least three of the seven original founders to hold minimum equity thresholds.
Anthropic's independent Long-Term Benefit Trust retains sole authority to elect a majority of the seven board seats.
Series H funding in May 2026 raised $65 billion at a $965 billion post-money valuation, with annualized revenue exceeding $47 billion.
Offshore crypto derivatives venues including Kraken and OKX offer perpetual contracts tracking Anthropic valuation without voting rights.

https://bitnxt.io/crypto-news/anthropic-ipo-voting-control-founders-majority

#bitnxt

Polymarket OpenWorlds AI Trading Agents Launch Onchain

Summary :
OpenWorlds autonomous trading agents integrate directly into Polymarket prediction contracts.
Agents perform discovery, evaluation, and automated order execution across political and sports markets.
Delegated signing mechanisms allow AI models to trade without storing private keys on company servers.
Polymarket upgraded internal indexing systems to reduce latency by up to 14 blocks or 28 seconds.
The partnership follows strategic acquisitions of smart-account startup Brahma and derivatives exchange QCEX.

https://bitnxt.io/crypto-news/polymarket-openworlds-ai-trading-partnership

#Bitnxt