The U.S. Securities and Exchange Commission has delayed its decision on 21Shares’ bid to launch a spot Sui exchange-traded fund, extending the final deadline to late December 2025. Summary SEC has delayed its decision on 21Shares Spot SUI ETF approval to December. Decisions for multiple altcoin ETFs are expected in October. In its latest filing…
Justin Sun is once again at the center of crypto controversy but this time over alleged dumping of WLFI tokens. The project’s decision to blacklist his wallet has sparked a fierce debate over transparency, fairness, and decentralization. Summary WLFI blacklisted a wallet linked to Justin Sun after nearly 60 million tokens were moved to Binance….
SNX price looks set for a deeper correction as technicals remain bearish for the asset, while its algorithmic stablecoin sUSD fails to maintain its peg to the U.S. dollar. Summary SNX price is down 10% over the past 7 days. Synthetix’s sUSD stablecoin lost its peg to the U.S. dollar. Price action has been confined…
Boerse Stuttgart Group has launched Seturion, a blockchain-based settlement platform designed to handle cross-border tokenized asset trades in Europe. Summary Boerse Stuttgart Group has launched Seturion, a blockchain-based settlement platform. The platform supports settlement across public and private blockchains, with cash settlement in central bank money or on-chain currencies. Senturion has been tested by major…
Ethereum layer 2 Linea has announced the launch of its long-awaited token with a community-first model that rejects venture capital allocations. Summary Linea token launch will take place on Sept. 10, with 85% allocated to ecosystem growth and no VC or team share. 9% of supply goes to early users through fully unlocked airdrops; 75%…
Stripe and Paradigm’s new blockchain project, Tempo, shifts the focus from DeFi to core business functions. Its architecture is optimized for payroll, B2B invoices, and remittances, seeking to give stablecoins a tangible utility beyond trading pairs. Summary Stripe and Paradigm unveiled Tempo, a blockchain designed for stablecoin payments at enterprise scale. The project targets payroll,…
Analyst Joao Wedson warns that an October “judgment day” could set Bitcoin up for a crash to $50,000 next year. Summary Bitcoin may be approaching a bear market that could send its price down to $50,000 A long-term chart suggests that Bitcoin is nearing its top, possibly at $140,000 Wall Street is likely to guide…
Ethena Labs is teaming up with digital asset prime brokerage FalconX to enhance institutional adoption of Ethena’s synthetic dollar, USDe. Summary Ethena Labs and FalconX are partnering to promote USDe adoption for institutions. FalconX has added support for the dollar-denominated stablecoin across spot trading, derivatives and custody. FalconX announced on Sept. 4 that it had…
Binance price has surged above the $700 multi-year range high, confirming a bullish breakout. With strong market structure intact, technical targets now extend toward $1,000 and potentially $1,450. Summary BNB breaks out above the $700 multi-year resistance range. Market structure remains bullish with higher highs and higher lows intact. Fibonacci extensions project upside targets of…
Shiba Inu price crashed by over 3% on Thursday, even as the burn rate skyrocketed by over 816%. Shiba Inu (SHIB) dropped to $0.00001212, down by 25% from its highest level in July. It is also sitting at a crucial support level, putting it at risk of a strong bearish breakout. SHIB price plunged even…
