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🇨🇳 JUST IN: China may approve yuan-backed stablecoins later this month, Reuters reports.
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JUST IN: Ark 21Shares sells 559.85 $BTC worth $64.4 million.
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💥BREAKING: 🇺🇸 Elon Musk considers backing Vance instead of starting a third party.
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BREAKING: 🇺🇸 BLACKROCK, FIDELITY, AND OTHER ETFS HAVE SOLD $422 MILLION WORTH OF ETHEREUM.
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☕️ GM! Here are the top events in #Crypto from the past 24 hours 📊Market Updates 🔸Spot Bitcoin ETFs see $523M outflows and Ether ETFs $422M as institutions rotate ahead of Fed signals and macro uncertainty. 🔸KindlyMD buys 5,744 BTC for $679M after merging with Nakamoto, aiming to amass 1M BTC and join top 20 corporate holders. 🔸SharpLink buys 143,593 ETH for $667M, raising holdings to 740,760 ETH ($3.2B), now 2nd-largest Ethereum treasury after BitMine. 🔸US spot ETH ETFs now hold 5.1% of supply ($26.7B) despite $196.6M outflows Monday, the 2nd-largest since launch. 🌟Highlights 🔸SEC Chair Paul Atkins says only a small fraction of tokens are securities, signaling a major shift from Gensler’s broad stance. 🔸Sen. Tim Scott pushes crypto market structure bill before Sept. 30, accusing Sen. Warren of blocking Democrat support. 🔸Wyoming launches Frontier Stable Token, first state-issued USD stablecoin, deployed on 7 blockchains with 2% over-collateralization. 🔸Scaramucci’s SkyBridge will tokenize $300M on Avalanche, nearly doubling its RWA base as 2025 tokenization grows 64.7%. 🔸1inch launches native swaps between Solana and EVM chains, removing bridges to boost safety, liquidity, and cross-chain efficiency. 🔸MetaMask integrates TRON, expanding beyond Ethereum after Solana and Sei, with Bitcoin support planned later in 2025.
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