100 Public Companies Now Hold 4% of Bitcoin Supply: Harvard

Key Notes The Harvard Business Review reported that 100 public companies now hold Bitcoin. Michael Saylor-led Strategy Inc holds 3% of Bitcoin’s total supply. Texas, Wyoming, and other States have put structures in place for a Bitcoin reserve. Harvard Business Review (HBR) on X confirmed that there are about 100 public companies now holding the largest cryptocurrency by market cap, Bitcoin (BTC). Altogether, their total BTC holding accounts for approximately 4% of the coin’s supply. It is worth noting that only Strategy holds about 3% of the 21 million Bitcoin…

US Senate Bill Proposes To Treat Tokenized Stocks As Securities

Key Notes The Senate bill will ensure compatibility with existing broker-dealer frameworks, clearing systems, and trading platforms. The Responsible Financial Innovation Act of 2025 seeks to define SEC versus CFTC oversight of digital assets, with a full Senate vote taking place by November. Ahead of the legislation, 112 crypto firms and advocacy groups called for protections for developers and non-custodial providers. On Friday, September 5, the US Senate updated its crypto market structure bill with a key provision on the regulation of tokenized stocks. According to the new clause, stocks…

Michael Saylor Breaks Silence on Big S&P 500 Index Rejection

Key Notes The S&P 500 recently rejected the Strategy’s inclusion in the index. Saylor noted that the firm needs only formal recognition to join the bloc. Robinhood Markets was added instead of Strategy. Michael Saylor, the Chairman of business intelligence and software firm Strategy Inc (NASDAQ: MSTR), recently made a post on the negative response his company got to the request to join the S&P 500. He thinks that the Bitcoin (BTC) treasury firm needs only formal recognition to be part of the bloc of 500 companies with the largest market…

Is Ethereum Price Forming Local Top? Sellers Outbid Buyers By $570 Million

Key Notes Ethereum’s net take volumes highlight that ETH price could see a drop below $4,000. Analysts highlighted key ETH support levels at $3,960 and $3,360, stressing the need to hold these zones to maintain the current market structure. Traders expect Bitcoin to outperform in the near term as ETH/BTC weakens amid current capital rotation. The Ethereum price continues to remain under selling pressure after rejecting its all-time highs. Derivatives data show that any near-term recovery in ETH seems difficult, as sellers exert greater pressure, pushing the price lower.  Market…

Hyperliquid Unveils USDH Stablecoin Plans, HYPE Jumps 3% Intraday

Key Notes Hyperliquid’s USDH stablecoin proposal awaits on-chain validator voting approval, following the platform’s standard governance process. HYPE token surged 3.4% to $47 following the announcement, demonstrating strong market confidence in the project’s direction. Dual-token stablecoin architectures offer enhanced transparency by separating peg maintenance from yield generation mechanisms. Prominent decentralized exchange Hyperliquid has unveiled plans to launch USDH, its proposed native dollar-pegged stablecoin, driving 3% intraday gains for HYPE. The exchange confirmed via its official Discord channel that USDH’s proposal is now subject to validator vote before moving forward, similar…

SOL Strategies Secures Nasdaq Approval for STKE Trading September 9

Key Notes The company holds over 420,000 SOL tokens worth $61.32 million and operates validator nodes generating staking rewards. SOL Strategies gained 1,775% in 12 months while securing $500 million convertible funding with plans for $1 billion CAD raise. Trading begins September 9 on Nasdaq Global Select Market while maintaining CSE listing and discontinuing OTC operations. SOL Strategies Inc., formerly Cypherpunk Holdings Inc., has secured approval from Nasdaq for listing its common shares on the Global Select Market under the ticker symbol “STKE,” with trading set to commence on September…

xMoney Launches New Token on Sui, Old Token UTK Dips Amid Dilution Fears

Key Notes UTK holders face 10-30x dilution as XMN launches with 10 billion supply versus UTK’s 1 billion total tokens. Conversion offers 1:1 rate with six-month lockup or immediate 3:1 rate, creating arbitrage opportunities for traders. Company justifies higher valuation through recent infrastructure investments and global expansion strategy plans. xMoney, a leading Web3 payment startup in Europe, announced on September 5 the launch of a new multipurpose token, XMN, on the Sui blockchain. This, however, raised controversy among UTK investors, who held the until-now official multipurpose token for the platform.…

SEC, CFTC Chiefs Promise ‘New Day’ for Crypto with Joint Regulatory Overhaul

Key Notes Regulatory chiefs promise to end the “no man’s land” approach that has stifled crypto innovation and market development. Trading hours will expand to 24/7 operations while clearer guidelines emerge for prediction and derivatives markets worldwide. DeFi platforms may receive innovative exemptions as agencies shift away from previous enforcement-heavy regulatory strategies. Paul Atkins, the chairman of the US Securities and Exchange Commission (SEC), and Caroline Pham, the acting chairman of the Commodity Futures Trading Commission (CFTC), are advocating for increased collaboration between their respective agencies. They are also proposing…

Justin Sun Urges Trump-Linked WLFI to Unlock His Tokens

Key Notes On Thursday, Justin Sun’s WLFI pre-sale tokens were blacklisted and frozen by the core team. Nansen and Arkham Intelligence flagged some of his transactions, which later triggered accusations of predatory selloff. He has requested that the team unfreeze his tokens, re-emphasizing commitment to the project. Tron TRX $0.33 24h volatility: 0.8% Market cap: $31.50 B Vol. 24h: $940.22 M Founder Justin Sun recently made a post on X, addressing the World Liberty Financial (WLFI) team. He urged them to unfreeze his WLFI token allocation after they were recently…

South Korea Caps Crypto Lending Interest at 20%

Key Notes In a newly released guideline, the South Korean regulator has mandated exchanges to peg crypto lending interest at 20%. Lending is now restricted to the top 20 coins or those listed on at least three won-based exchanges. Exchanges must use their funds to provide lending services. On September 5, the South Korean regulator, the Financial Services Commission (FSC), released new guidelines for lending services on centralized cryptocurrency exchanges (CEXs). This includes pegging interest rates at 20% and restricting the use of only the top digital assets Crypto Lending Guidelines Give…