Ethereum Bulls Eye New Records Despite Market Volatility — What’s Driving Sentiment?

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Bitcoin Holds $115K Support as Fed Cuts Rates by 25 Basis Points

Key Notes Federal Reserve delivered smaller 25bp rate cut versus market expectations of 50bp reduction amid inflation concerns. Crypto liquidations totaled $267M in 24 hours with minimal $36M occurring immediately after Fed announcement. Short squeeze potential builds at $118K level where $1.8B in positions face liquidation risk above this threshold. Bitcoin BTC $116 541 24h volatility: 0.2% Market cap: $2.32 T Vol. 24h: $55.05 B price found support above $115,000 on Wednesday, September 17, as markets absorbed the US Federal Reserve’s latest move. The Fed opted to cut rates by…

New York Banking Regulator Required to Adopt Blockchain Analytics for Risk Management

Key Notes NYDFS extends blockchain monitoring requirements from crypto companies to all New York state banks and foreign branches. Banks must use tools like Chainalysis to screen wallets, verify fund sources, and detect money laundering or sanctions violations. The guidance represents supervisory expectations rather than formal rules, giving banks flexibility in implementation approaches. The New York State Department of Financial Services (NYDFS) has directed banking organizations under its supervision to implement blockchain analytics tools as part of their compliance frameworks, marking the regulator’s latest step to strengthen oversight of cryptocurrency…

Will Bulls Drive Toward $1 or Risk Losing Support?

Cardano (ADA) is trading at $0.876 with a daily volume of $1.28 billion, but sellers remain in control after a sharp 7% decline over two days. On-chain data from Santiment shows the Network Realized Profit/Loss (NPL) metric spiking to its highest level since July, signaling that many investors are cashing out profits. Related Reading This wave of profit-taking, while not a sign of structural weakness, has capped ADA’s recovery attempts. Analysts emphasize that defending the $0.87–$0.85 support range will be crucial to maintaining ADA’s broader bullish outlook. ADA’s price trends…

CME Group Moves to Launch SOL Options Trading as Solana Staking ETF Nears $300M

Key Notes CME Group will launch Solana options trading on October 13th, marking SOL’s transition to institutional-grade derivatives. Rex Shares’ Solana ETF reached $289 million in assets, up 15% weekly, demonstrating growing institutional appetite. Technical analysis shows SOL testing $237 resistance with falling wedge pattern targeting $260 breakthrough. Solana SOL $244.8 24h volatility: 2.8% Market cap: $132.74 B Vol. 24h: $10.51 B was caught in market turbulence over the past week, declining from recent peaks near $245 as jitters surrounding US macroeconomic indices diverted investors’ focus toward gold for inflation…

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SEC Approves Generic Listing Standards For Commodity-Based ETFs

The US Securities and Exchange Commission has approved standards that could speed up spot crypto ETF approvals, as each application would not need to be assessed individually. The decision, detailed in SEC filings on stock exchanges like the Nasdaq, NYSE Arca, and Cboe BZX, on Wednesday, would streamlines the process under Rule 6c-11, significantly reducing approval timelines, which have taken several months in the past. “By approving these generic listing standards, we are ensuring that our capital markets remain the best place in the world to engage in the cutting-edge…

BitGo Secures MiCA License Extension, Can Offer Trading in Europe

BitGo, a digital asset infrastructure company with more than $100 billion in assets under custody, has received an extension of its license from Germany’s Federal Financial Supervisory Authority (BaFin), enabling it to offer crypto services to European investors. The company said its local subsidiary, BitGo Europe, can now provide custody, staking, transfer, and trading services. Institutional clients will also have access to an over-the-counter (OTC) trading desk and multiple liquidity venues. The extension builds on BitGo’s previous Markets-in-Crypto-Assets (MiCA) license, also issued by BaFIN, and adds trading to the existing…

Bitcoin Has Taken Gold’s Role in Today’s World, Eric Trump Says

They say journalists never truly clock out. But for Christian, that’s not just a metaphor, it’s a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits take a more mechanical (and sometimes philosophical) turn. Christian’s journey with the written word began long before the age of Bitcoin. In the hallowed halls of academia, he honed his craft as a feature writer…