Cardano's ADA leads gains in narrow range-bound market
In traditional markets, the U.S. Dollar Index jumped to 102.53 early today, the highest since April 2025, extending its rise from the Sept. 9 low of 98.60.
Source-backed coverage
Permanently retained stories with extracted source text and completed, source-grounded AI summaries.
In traditional markets, the U.S. Dollar Index jumped to 102.53 early today, the highest since April 2025, extending its rise from the Sept. 9 low of 98.60.
Crypto markets experienced volatility as bitcoin briefly touched near an eight-month high of $87,000 on Monday before reversing course, with traders monitoring dollar strength to assess whether the rally can continue or stabilize. Bitcoin's 50-, 100-, and 200-day moving averages are converging toward a fully bullish alignment for the first time since 2025, indicating a potentially stable recovery. On the protocol front, Ethereum developers are preparing for the "Glamsterdam" testnet upgrade on Sepolia, which is seen as a critical step before mainnet implementation. Additionally, governance votes are scheduled for several platforms, including Aave, AirSwap, and Balancer, involving proposals related to platform management, token sales, and treasury resolutions.
The two firms will initially roll out the digital assets settlement service to select institutional clients in Asia and the Gulf region with around-the-clock U.S. dollar settlement.
According to CoinDesk, Bitcoin's 50-, 100-, and 200-day moving averages are approaching a fully bullish alignment for the first time since 2025, indicating potential upward momentum. This alignment, where the 50-day average surpasses the 100-day and the 100-day surpasses the 200-day, has historically preceded major rallies or significant gains, although some alignments have led to modest or short-lived increases. Currently, Bitcoin's price has risen over 40% in the third quarter to around $87,000 but has recently stalled near $85,000. Experts suggest that while this crossover could reinforce a bullish trend, whether Bitcoin can sustain its position above the 50-day average remains a key test moving forward.
Ether waiting to enter staking has fallen by more than a quarter since early September, while the exit queue hit its longest of 2026.
OKX and Intercontinental Exchange (ICE), the parent company of the NYSE, have filed with the U.S. Securities and Exchange Commission (SEC) to launch a tokenized stock trading venue that would initially offer blockchain-based shares of over 60 U.S.-listed companies. The venue aims to enable round-the-clock trading and faster settlement while maintaining dividend and voting rights for shareholders. The plan is based on a new five-year SEC exemption called the “Innovation Exemption,” which allows for trading under certain guardrails, including a 30-day objection period for companies. The involvement of ICE indicates a move towards mainstream adoption of tokenized stocks in regulated U.S. markets.
NU7 cuts the target block time from 75 seconds to 25, giving exchanges, wallets and developers a live rehearsal before a planned November mainnet launch.
Bitcoin came within about $500 of its late-September peak before sellers pushed it back under $86,000. It's the second rally in a week to stall.
According to a CoinGecko report referenced by CoinDesk, Ether’s price increased by over 70% in the third quarter, surpassing bitcoin's 42% gain, but its liquidity relative to bitcoin diminished, with market depth dropping from at least 60% to 35-45% of bitcoin’s levels between July 6 and September 30. Despite this thinning liquidity, ETH remains fairly easy to trade, with over $1 million in depth on most exchanges within 0.15% of the market price. The report also noted that liquidity in Solana (SOL) has decreased significantly since 2025, and while XRP’s total market depth was steady at around $30 million, it leaned more toward buyers during the period. The data indicates that rising prices did not necessarily attract deeper order books for ether, contrasting with common market expectations.
The newly registered lobbying operation lists the CLARITY Act and two digital asset tax proposals among the issues it plans to lobby on in Washington.
According to a report by Cointelegraph, Bitcoin could potentially reach $600,000 during this cycle, with veteran trader Peter Brandt stating there is a possibility of Bitcoin entering a new bull market and reaching a late-2029 high between $300,000 and $600,000. The article also notes that former SEC boss Jay Clayton has been appointed to lead a new U.S. government initiative called the Super Intelligence Force, with Elon Musk reportedly renaming SpaceXAI to SpaceXSI to honor the President’s directive on superintelligence. Additionally, the market saw a slight increase in Bitcoin's price, up 1.4% to $85,821, amidst a mixed overall sentiment across various cryptocurrencies.
Congress is gone from Washington for the final pre-election recess, and it's time to take stock of what's going on ahead of November.
Crypto firms are shifting their focus from building blockchain-based financial products to encouraging user adoption, emphasizing the importance of making these products useful in everyday financial activities, according to CoinDesk. Coinbase, for instance, aims to create “magic moments” in their product cycle to attract and retain users, with rewards serving as incentives to break initial inertia. Industry experts like Kevin O’Leary stress the need for actual deal-making and signs of use, rather than mere tests, to demonstrate network adoption. Additionally, firms like WisdomTree are expanding distribution channels, such as through collaborations with MoonPay, to reach more customers where they are already active. Both Coinbase and WisdomTree recognize that broadening product accessibility and trust are crucial for moving crypto from experimentation to mainstream usage.
President Donald Trump said US intel chief Clayton will lead the SIF, reporting to the president and Chief of Staff Susie Wiles.
The Clarity Act, which aimed to establish clear U.S. regulations for digital assets, failed a procedural vote in the Senate on September 15, drawing 49 votes in favor and 50 against, and is unlikely to pass before the midterm elections, according to CoinDesk. Despite this, banking and investment sources do not believe this setback will halt crypto dealmaking, as regulators like the SEC and CFTC are increasingly taking independent actions to promote regulatory clarity, such as the SEC's approval of a temporary “Innovation Exemption” and proposed rules for handling crypto assets. Dealmaking in the digital asset sector reached a record $9.7 billion in the first half of 2026, driven largely by large transactions, with some industry experts emphasizing that ongoing regulatory movements may sustain activity regardless of the legislation's progress. Nonetheless, some analysts argue that clearer legal frameworks would still foster more deals, especially for token-centric companies, though the impact of the failed Clarity Act will likely be uneven across different sectors and types of digital asset businesses.
Garantex was previously sanctioned by the US, the EU and other jurisdictions for helping Russian entities evade financial restrictions.
Efforts will continue to reduce the state’s involvement in Bitcoin-related activities and to strengthen crypto‑asset regulation and governance, the IMF said.
Work on the introduction of the digital ruble to the budget process is being carried out by the Bank of Russia together with the Ministry of Finance.
OpenPayd plans to complete its merger with Titan Acquisition Corp. and list on the Nasdaq by the end of 2026, as it prepares to expand its U.S. operations, which it aims to launch by April 2027. The company expects the listing to provide funding for its U.S. growth and acquisitions and is currently awaiting regulatory and shareholder approval. OpenPayd, which reported $73 million in revenue for the year ending April 2026, has integrated with Circle Payments Network and Fireblocks’ payments network and is involved in cross-border and stablecoin payment services. The company aims to leverage opportunities in the U.S. market’s emerging digital asset regulations, despite setbacks caused by delays in market-structure legislation.
Finance, engineering and trading led hiring demand, while Bitcoin, Ethereum and Solana were the most frequently requested blockchain skills.
According to Cathie Wood, CEO of Ark Invest, AI agents are evolving from providing answers to actively making decisions and spending money, which raises questions about the financial infrastructure supporting such activities. Experts suggest that stablecoins and blockchain technology could serve as payment rails for AI agents purchasing data, computing power, and digital services. Joseph Chalom emphasized the importance of open blockchain networks, like Ethereum, allowing agents to transfer their financial identity and permissions across different providers, promoting a decentralized system. BlackRock also noted that AI agents could generate demand for machine-friendly payment systems, with companies like Coinbase already observing agent activity in crypto markets.
The article from CoinDesk describes the repeated challenges faced by efforts to establish a comprehensive regulatory framework for cryptocurrencies in the United States, comparing it to Sisyphus pushing a boulder uphill. The latest attempt, the 635-page Digital Asset Market Clarity Act, failed to advance in the Senate and is unlikely to be revived before the midterms, as key senators involved are retiring. The bill aimed to clarify the market structure, classify crypto tokens, and delineate supervisory authority between federal regulators, gaining bipartisan support from Wall Street firms like Goldman Sachs and BlackRock. Its defeat was attributed to concerns over conflicts of interest and ethics at high governmental levels, despite widespread recognition of the need for clear regulation, which many other developed economies have already established.
Tokenization is not just about putting individual stocks and funds onchain. The next step could be entire investment portfolios that can be traded, rebalanced and eventually managed in real-time.
The exploiter returned the entire sum to NEAR Intents after being identified and given 48 hours to respond.