🏦 Standard Chartered forecasts a roughly 7x rise for $ENA to $2 by the end of 2028. The bank cites growth in yield-bearing stablecoins as the basis for the projection, according to Cointelegraph.
🏦 HSBC names Hong Kong stablecoin “HSBC RedCoin” HSBC has named its upcoming Hong Kong stablecoin “HSBC RedCoin,” according to Cointelegraph. It will start with peer-to-peer and merchant payments.
🇯🇵 Binance Pay launches $USDT payments at millions of PayPay-supported locations in Japan. The service now supports $USDT payments at those locations, according to WatcherGuru. Binance Pay announced the rollout across Japan.
🚨 Robinhood debuts crypto and stock perpetual futures trading. Robinhood ($HOOD) has launched perpetual futures trading for crypto and stocks, according to WatcherGuru. The U.S.-based brokerage announced the product in a WatcherGuru post.
🛎️ Canary Staked TRX ETF (TRXS) debuts on Cboe TRON DAO held a closing bell ceremony at Cboe in Chicago for the debut of the Canary Staked TRX ETF (TRXS), per Cointelegraph. The event centered on the listing of the $TRX-linked fund at the exchange.
🔍 Why do qualified Web3 users abandon before wallet connection? UX research reveals the friction—before you buy more traffic. Read Crynet’s insights: https://crynet.io/insights/web3-ux-research-adoption-barriers
🟠 Japanese textile firm Marusho Hotta buys 11.91 $BTC and rebrands as Bitcoin Japan Corporation. Marusho Hotta (8105.T) announced its first Bitcoin purchase of 11.91 $BTC, according to BTCtreasuries. The 165-year-old Japanese textile company said it has pivoted to Bitcoin and AI and changed its name to Bitcoin Japan Corporation.
🟠 165-year-old Japanese textile firm Marusho Hotta buys 11.91 $BTC, rebrands as Bitcoin Japan Corporation. Marusho Hotta (8105.T) said it made its first $BTC purchase of 11.91 coins. The company said it has pivoted to Bitcoin and AI and changed its name to Bitcoin Japan Corporation.
📊 Strive adds 1,107 Bitcoin to its treasury Strive purchased 1,107 $BTC for $94.5 million, lifting its total holdings to 27,462 coins, according to BTCTimes. The company's SATA instrument accounted for 85% of the capital raised for the purchase.
🇬🇷 Greece adds first four providers to EU MiCA register. Greece has added its first four providers to the European Union’s MiCA register, according to Cointelegraph. The country’s regulator denied that a vice chair told Binance that Lagarde had asked Greece’s prime minister not to approve the application.
🏦 Morgan Stanley Establishes Digital Asset Lab Morgan Stanley has set up a Digital Asset Lab, according to a Cointelegraph report citing Bloomberg. The lab is to test stablecoins, tokenization, and DeFi applications.
🇺🇸 Coinbase secures CFTC approval for a US crypto derivatives clearinghouse. Coinbase has received approval from the Commodity Futures Trading Commission to operate its own derivatives clearinghouse in the United States, according to WatcherGuru. The approval covers clearing of crypto derivatives transactions domestically for the exchange, per the same report.
📈 Altcoin spot volume nears 4x $BTC, highest ratio in a year. The ratio is almost 4:1, the highest in 12 months, according to Glassnode. Similar spikes have coincided with local $BTC tops, the firm said.
📊 Altcoin spot volume reaches highest ratio to Bitcoin in a year. Altcoin spot volume is nearly 4x Bitcoin’s, the highest ratio in 12 months, according to Glassnode. Similar spikes have coincided with local $BTC tops, per Glassnode data shared by Cointelegraph.
🇺🇸 White House Blames Democrats for Crypto Clarity Act Failure The White House is blaming Democrats for failing to pass the Crypto Clarity Act, according to WatcherGuru.
📈 Ondo Perps launches 24/7 spot trading for tokenized stocks and ETFs. Ondo Perps has rolled out around-the-clock spot trading for tokenized stocks and ETFs, according to Cointelegraph. The platform lets traders use their holdings as collateral for perpetual futures and run the basis trade from a single venue.
🚨 TODAY: NEAR Intents' SHIELD system rejects over $50M in Bitget hack funds. NEAR Intents said its SHIELD system rejected more than $50 million in Bitget hack funds. It froze $503,000 mid-transaction, according to Cointelegraph.
⚡ CFTC approves Coinbase Clearing LLC as a derivatives clearinghouse The CFTC has approved Coinbase Clearing LLC as a derivatives clearinghouse, according to the agency. The approval enables $COIN's clearing unit to settle fully collateralized contracts using $USDC with 24/7 settlement.
🔓 October token unlocks: $BTW tops the list at $137.70M. $BTW is scheduled to unlock $137.70M in October, followed by $2Z at $105.54M and $AKE at $66.93M, according to CryptoRank News. $ADI, $ZRO, $PUMP, and $FF are set to unlock $58.03M, $40.58M, $35.95M, and $25.93M, respectively. $2Z has the largest relative unlock at 46.8% of market cap, with Jump Crypto, Malbec Labs, institutions, team, contributors, and builders allocations opening for the first time after the cliff.