Binance Stablecoin Reserves Hit Record High

Key Notes ERC20-based USDT reserves surge to roughly $32.6 billion, offsetting a TRC20 decline. Single-day inflows on Binance recently exceeded $2.1 billion in USDT and USDC. Analysts see rising institutional deposits and a possible bullish Q4 for crypto markets. Binance’s total stablecoin holdings have climbed to a record $45 billion as traders prepare for potential Q4 volatility. Market analysts suggest this fresh liquidity may strengthen the exchange’s ability to support large trades, creating a more attractive environment for traders. Data from CryptoQuant shows a clear shift toward Ethereum-based ETH $4…

SEC Approves Grayscale GDLC for NYSE Arca Debut

Key Notes Bitcoin makes up over 72% of GDLC’s holdings, followed by Ethereum at 17%, with XRP, Solana, and Cardano at smaller allocations. Grayscale recently reduced BTC weightage in GDLC to increase exposure to other top digital assets. The approval of GDLC could streamline the launch of additional multi-asset crypto ETFs. Crypto asset manager Grayscale secured a major victory as the US Securities and Exchange Commission (SEC) approved the crypto large-cap fund (GDLC). This fund will hold the top five digital assets by market cap, such as Bitcoin BTC $117…

Avalanche Now Hosts First South Korean Won-Based Stablecoin

Key Notes Avalanche has now become host to the first Korean won–backed stablecoin dubbed KRW1. The stablecoin is fully collateralized with Korean won deposits held at Woori Bank. In the meantime, the stablecoin is not included in circulation, but in the PoC phase. Popular South Korean digital asset custodian BDACS has officially rolled out the first won-backed stablecoin on Avalanche. According to the blockchain, this digital asset, dubbed KRW1, is fully collateralized with Korean won deposits held at Woori Bank. It is worth noting that the stablecoin is yet to…

Binance & Templeton CEOs Set for 2026 EU Crypto Summit

Key Notes CEOs and leaders from Kraken, Algorand, DRW, DBS, Pantera Capital, Perkins Cole, Brevan Howard Digital, and Binance are confirmed speakers at the event. An adviser from the European Commission will also attend, providing ample opportunity for leading crypto firms to get closer to the EU regulator. The event is exclusive and limited to a curated list of 250 top investors, set just ahead of the World Economic Forum in Davos. An exclusive conference is set to bring some of the biggest names in crypto and traditional finance together…

Hyperliquid Token Soars to $59 ATH as DeFi Demand Explodes

Key Notes HYPE token surged to a new peak, recording a 50% surge in 24-hour trading volume. Technicals show strong bullish momentum with caution for short-term pullbacks. Analysts see potential for a 5x–10x surge, if momentum continues. Decentralized crypto derivatives exchange Hyperliquid’s native token, HYPE, surged to a fresh all-time high of $59.29 in early trading on Sept. 18. At the time of writing, the 11th largest cryptocurrency has settled around $58.68, gaining $1.25 billion in market cap in the past day. HYPE ranks among this week’s top crypto coins,…

NGP Token Crashes 88% After $2M Oracle Hack

Key Notes The attacker stole ~$2 million worth of ETH from the New Gold Protocol on Sept.18. The exploit involved a flash loan that successfully manipulated the price oracle enabling the attacker to bypass security checks in the smart contract. The NGP token is down 88% as the attacker obfuscates their funds through Tornado Cash. New Gold Protocol, a DeFi staking project, lost around 443.8 Ethereum ETH $4 597 24h volatility: 2.0% Market cap: $554.66 B Vol. 24h: $42.65 B , valued at $2 million, in an exploit on Sept…

CZ Warns of North Korean Hacker Job Scams

Key Notes CZ warned that North Korean hackers pose as job seekers, employers, users, and even bribe insiders. He stressed training employees and screening candidates as critical defenses. A recent hack at an Indian outsourcing firm cost Coinbase over $400 million. Binance co-founder and former CEO Changpeng “CZ” Zhao has issued a sharp warning to the crypto industry about the growing threat of North Korean hackers. In a detailed post on X, CZ outlined how attackers are finding creative ways to infiltrate exchanges, companies, and even outsourced service providers. These…

Bullish (BLSH) Rises on Q2 Earnings, Institutional Demand

Key Notes Bullish’s quarterly crypto sales rose 18% YoY to $58.6 billion, while trading volume increased 35% to $179.6 billion. The crypto exchange is also planning to launch its options trading platform fully in Q4. BLSH stock jumped 6% to $54.35 on September 17, supported by Ark Invest’s continued buying. The stock price of crypto exchange Bullish (NASDAQ: BLSH) surged by 6% on Sept. 17, after the company posted its Q2 results, beating Wall Street estimates. Cathie Wood’s Ark Invest continued with its BLSH share buying for the second consecutive…

Golden Trump Bitcoin Statue Appears in DC

Key Notes A 12-foot golden Trump holding Bitcoin statue was unveiled near the US Capitol. Crypto PACs and industry leaders continue to back Trump’s pro-crypto agenda. Organizers linked the piece to Trump’s role in mainstreaming Bitcoin adoption. A massive 12-foot golden statue of United States President Donald Trump holding a Bitcoin was unveiled on Sept. 17 just outside the US Capitol, drawing crowds, social media buzz, and political debate. The installation was funded and organized by a group of crypto enthusiasts and memecoiners, carried out as part of a Pump.fun…

BNB Price Rally Nears $1,000 – Can Bulls Push Even Higher?

Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance with his keen insights and astute chart analysis. From a young age, Aayush exhibited a natural aptitude for deciphering complex systems and unraveling patterns. Fueled by an insatiable curiosity for understanding market dynamics, he embarked…