Latest Crypto News | Bitcoin, Ethereum and Altcoin Updates

Orbit Garant Drilling reported record quarterly revenue in the fourth quarter of fiscal 2026 and record annual revenue for the full fiscal year. President and CEO Daniel Maheu said the results reflected strong demand for the company’s drilling services. Chief Financial Officer Pier-Luc Laplante was also scheduled to review the financial results, while management planned to discuss the company’s outlook. The available transcript excerpt does not provide specific revenue, earnings, margin or guidance figures. Orbit Garant Drilling is a mining-services company, so the update is more relevant to mining investment and commodity-sector sentiment than to cryptocurrency markets.

Capital Southwest (CSWC) has attracted investor interest after a recent share-price pullback. The business development company reported a debt investment yield of 10.9%, supported by disciplined loan origination and strong portfolio credit quality. However, dividend sustainability has become a key concern. Net investment income no longer fully covers the company’s regular and supplemental dividends, meaning supplemental payouts could be reduced or suspended. CSWC currently trades at roughly a 39% premium to book value. The analysis argues that the stock would offer a more attractive risk-reward profile below a 30% premium. Despite its internally managed structure and relatively strong portfolio performance compared with peers, the valuation limits potential upside. The analyst is maintaining a hold stance while monitoring the share price, dividend coverage and credit performance. Capital Southwest is moving closer to a potential buy, but investors may prefer to wait for a lower valuation or clearer evidence that dividend payments are sustainable.

Iambic Therapeutics, Inc. has filed a registration statement for a US initial public offering (IPO) to raise capital for its clinical-stage cancer drug pipeline. The filing did not disclose the number of shares, expected price range or target proceeds. Iambic Therapeutics is supported by a broad investor syndicate and has partnerships covering its technology platform, drug discovery and clinical development activities. The company is also led by an experienced management team. The IPO’s valuation and market conditions will be important factors for investor demand. The article argues that, at a reasonable valuation, Iambic Therapeutics IPO shares could attract interest from life-sciences institutional investors. However, the company remains clinical-stage, so its outlook depends heavily on trial results, regulatory progress, financing needs and the commercial potential of its drug candidates. For crypto traders, the announcement has no direct fundamental link to Bitcoin, major altcoins or digital-asset markets. It is primarily a biotechnology IPO development.

The Blockchain Association will appoint former CEO Kristin Smith as interim CEO after Summer Mersinger steps down on October 16, 2026. The leadership change follows the US Senate’s failure to advance the Digital Asset Market Clarity Act, a major setback for cryptocurrency regulation. Smith led the Blockchain Association from its launch in 2018 until 2025 and remains chair of its board. She will also continue as president of the Solana Policy Institute. Mersinger, a former Commodity Futures Trading Commission official, led the group during the passage of the GENIUS Act and heightened regulatory activity at the Securities and Exchange Commission and CFTC. For crypto traders, the Blockchain Association leadership change highlights continued uncertainty around US crypto policy. The immediate market impact is likely limited, but delays to regulatory clarity could affect institutional confidence, exchange plans and token-market sentiment. The Blockchain Association remains a key lobbying group, so its future strategy will be watched closely.

The Vanguard Morningstar Large Cap ETF (VV) offers broad exposure to large U.S. companies by tracking the Morningstar U.S. Large Cap Index through full replication. The Vanguard Large-Cap ETF has approximately $54 billion in assets under management. However, VV is heavily concentrated in technology stocks and mega-cap companies. Its 10 largest holdings account for 38.1% of assets, while Nvidia, Apple and Microsoft alone represent 20.8%. This concentration gives investors significant exposure to the tech sector and the performance of the largest U.S. companies. VV delivered a strong recovery in 2026, but its valuation is a concern. The ETF trades at a 24.7% premium to mid-cap stocks, despite offering only marginally stronger expected earnings growth. The analysis therefore rates the Vanguard Large-Cap ETF as a hold, arguing that mid-cap stocks may offer a better risk-reward profile as earnings growth broadens beyond mega-cap companies. For traders, VV remains a liquid vehicle for large-cap and technology exposure, but its premium valuation and concentration could increase downside risk if mega-cap earnings disappoint, interest rates rise or market leadership rotates toward mid-caps.

Energy Transfer (ET) is reporting strong year-to-date volume momentum across its commodity businesses, supported by Middle East tensions and rising US data-centre demand. The company raised its second-quarter outlook, but analysts at White Star Research believe full-year guidance remains conservative. White Star forecasts fiscal 2026 EBITDA at about 6% above current guidance and expects another guidance increase when Energy Transfer reports its third-quarter results. Higher earnings could support stronger distribution growth than current market consensus, despite continued high growth spending. Energy Transfer’s dividend yield is approximately 7%, making it one of the highest-yielding companies in the midstream energy sector. The investment case is based on the company’s extensive US pipeline and midstream infrastructure, improving commodity volumes and potential earnings upgrades. The outlook is positive for ET investors, although the business remains exposed to commodity activity, energy demand and broader geopolitical conditions.

Bitcoin’s breakout above $86,000 was driven by four groups: spot Bitcoin ETFs, short sellers covering positions, options dealers hedging call exposure and leveraged traders. US spot Bitcoin ETFs recorded roughly $2.7 billion in inflows across five trading days through Wednesday, followed by another $191 million on Thursday. In bitcoin terms, the first five sessions of the September rally accumulated about 31,400 BTC, around 15% more than the comparable phase of August’s rally. However, several sources of demand may now fade. Short sellers can only cover once, options dealers’ hedging needs ended with Friday’s quarterly options expiry, and leveraged traders may eventually close positions by selling. ETFs are the most durable source of support because they generally hold bitcoin until investors redeem their shares. Bitcoin reached $87,397 on Monday, its highest level since late January, while the average spot ETF investor moved back into profit at an estimated cost basis of $81,722, according to Bloomberg Intelligence analyst James Seyffart. The price later fell below $84,000 after strong US business data and a weak Treasury auction pushed the 10-year yield to its highest close since July 2007. The key trading question is whether ETF inflows continue after temporary buying pressure disappears. August’s rally also began with strong ETF demand but later stalled as flows became mixed, leaving bitcoin in a range between roughly $75,000 and $82,000.

SlushWallet, a wallet developed by Mysten Labs for the Sui blockchain, now supports gas-free stablecoin transfers that can settle in about one second. The wallet also offers strategy features and allows users to replace long blockchain addresses with SuiNS names. The update could improve the usability of Sui payments and lower transaction friction for stablecoin users. However, the report does not provide details on supported stablecoins, transaction limits, or whether the feature is available to all users. Traders should monitor adoption, stablecoin transfer volumes and SUI network activity before treating the announcement as a major market catalyst.

Republican Senator Susan Collins’ reelection odds in the 2026 Maine Senate race have risen from 26% to 36%, according to Kalshi. The move suggests traders see a more competitive contest against Democratic challenger Troy Jackson. Polling remains mixed: a New York Times/Siena/Portland Press Herald survey showed Collins with a narrow lead, while other polls gave Jackson a slight advantage. The race remains a statistical toss-up. Prediction-market data currently places the Democrats’ chance of winning the Maine Senate race at 68.5%, compared with 32.5% for Republicans. Traders should watch new polls, ranked-choice voting projections, endorsements, fundraising figures and other campaign developments. The change in Susan Collins’ odds reflects shifting market expectations rather than a confirmed change in the likely election outcome.

Strategy has filed a preliminary proxy asking common shareholders to approve daily dividends for its four US-listed preferred stocks: STRC, STRF, STRK and STRD. The shareholder vote will take place online on October 28, 2026. Under the proposal, every calendar day would become a dividend record date, including weekends and holidays. Payments would be made on the next business day, while dividend rates and total annual payouts would remain unchanged. STRC currently pays twice monthly, while the other preferred stocks pay quarterly. STRC is expected to adopt daily dividends first. Its first record date is expected on November 1, with payment on November 2. STRF, STRK and STRD are expected to follow in January 2027. At a 12% annual rate, a $100 STRC share would accrue about 3 to 4 cents in dividends per day. Strategy says daily preferred dividends could reduce ex-dividend price volatility, improve liquidity and help STRC trade near its $100 stated value. The median STRC ex-dividend decline fell to 0.36% under semi-monthly payments, from 0.49% under monthly payments. The proposal follows a period of leverage-related pressure that pushed STRC to about $71.25 in June. It has since recovered to around $98.41. Only common shareholders registered on September 25 can vote, and approval requires more than half of the voting power. Executive Chairman Michael Saylor controls 32.9% of that power, while preferred shareholders cannot vote. Strategy has also doubled its preferred-stock repurchase authorization to $2 billion after buying STRC near $97. The company plans to maintain US dollar reserves and repurchase STRC below its stated value to limit forced selling. Strategy holds about 846,000 BTC, compared with Strive’s 26,355 BTC.

Forward Industries has agreed to sell 3.125 million common shares to a single institutional investor at $8 per share through a registered direct offering. The Solana-focused digital-asset treasury company expects gross proceeds of about $25 million before fees and expenses. Forward Industries said it plans to use the net proceeds to acquire additional SOL for its corporate treasury. The offering is expected to close on or around September 24, subject to customary closing conditions. The final amount available for SOL purchases will be lower after fees and expenses, and the company did not guarantee that all proceeds would be converted into SOL. The financing will increase Forward Industries’ Solana exposure but also expand its share count. The company therefore aims to improve SOL exposure per fully diluted share, meaning the value of the additional SOL must outweigh the dilution caused by the equity issuance. The deal reinforces the growing crypto treasury strategy, in which publicly listed companies raise capital to accumulate digital assets such as SOL and BTC. Forward Industries’ stock performance will increasingly depend on both Solana’s price and management’s ability to deploy capital efficiently.

Bitget has temporarily suspended withdrawals after an unauthorised transfer of about $351.6 million from its hot and warm wallets. Bitget CEO Gracy Chen said customer funds remain protected and pointed to the exchange’s User Protection Fund, which reportedly exceeds $464 million. Deposits and trading remain available while the exchange investigates the security breach. Traders will monitor announcements on the withdrawal restart, asset recovery and any new security measures. The incident could weigh on confidence in centralised exchanges and create short-term liquidity concerns, with possible spillover into Bitcoin sentiment and wider crypto-market volatility.

Polymarket is partnering with AI lab OpenWorlds to develop autonomous trading agents for prediction markets covering politics, sports and other events. The agents are designed to search for markets, evaluate available information and place trades on behalf of consumers and retail traders. OpenWorlds says its system can repeat this workflow as market prices and event conditions change. The service may support delegated signing, while users retain ownership of their wallets through third-party providers. OpenWorlds says it does not store private keys, but it records agent configurations, activity logs and results. Data connected to third-party market integrations may also be used to improve its models. The partnership could make Polymarket trading more automated and accessible, but it also raises risks involving execution errors, delegated authority, data privacy and financial losses. Access rules differ between Polymarket’s international platform and its regulated US operation. US users may also face state-level restrictions. The development comes as Polymarket expands its infrastructure and integrations. The company has upgraded blockchain indexing, acquired DeFi infrastructure firm Brahma, and purchased derivatives exchange QCEX and data provider Dome. Separately, New York Attorney General Letitia James sued Polymarket over alleged unlicensed sports gambling and access for users aged 18 to 20. Polymarket can contest the allegations in court.

The September 2026 Triple-Factor closed-end fund (CEF) report screens more than 400 funds using three criteria: a yield above 6.5%, distribution coverage above 90%, and a discount to net asset value (NAV). Highland Opportunities and Income (HFRO), BNY Mellon High Yield Strategies (DHF), PIMCO Dynamic Income Opportunities (PDO), and Blackstone Strategic Credit 2027 (BGB) ranked among the leading candidates. The report says HFRO’s discount to NAV continues to widen, a development that may create both a potential valuation opportunity and a sign of continued market caution. The Triple-Factor CEF screen is intended as a preliminary shortlist, not a final buy or sell recommendation. Investors should conduct additional research into portfolio quality, leverage, distribution sustainability, credit risk, and the causes of each fund’s discount. The article’s author disclosed long positions in HFRO, DHF, PDO, BGB and FLC. The findings concern income-focused closed-end funds rather than cryptocurrencies, so the direct effect on crypto prices is expected to be limited.

The Bitget hack exposed about $351.6 million in unauthorised transfers from hot wallets on September 24, according to the exchange. Lookonchain estimated the stolen assets at roughly $356.8 million, including 102.93 million XRP, 31,890 ETH and 21.05 million USDC. The differing totals reflect changes in market prices and valuation methods. Bitget said its cold wallets and customer balances were safe. CEO Gracy Chen said the attacker likely accessed backend wallet infrastructure, spoofed transaction data and abused the exchange’s authorisation process. The entry point remains under investigation, while Bitget says its protection fund, valued at more than $464 million, can cover the loss. The exchange also temporarily suspended withdrawals after detecting the incident. Wallets linked to the Bitget hack moved USDC across chains and converted part of the funds into ETH, raising concerns about potential ETH selling pressure. Circle and Tether later froze one address labelled “Bitget Exploiter 8”, containing about 218,023 USDT and 99,990 USDC, worth roughly $318,000, plus 170.47 ETH. The freeze recovered only a small portion of the stolen assets because stablecoin issuers cannot block ETH or other non-custodial crypto assets. The response has renewed debate over Circle’s USDC freeze policy. Circle says it generally acts when legally compelled, although its terms allow it to block addresses linked to illegal activity. Critics, including security researchers, argue that delays can give attackers time to bridge or swap USDC. Similar concerns followed the Drift exploit, while ZachXBT has cited 15 earlier cases involving more than $420 million in suspected illicit USDC flows. For traders, the Bitget hack increases short-term risks from ETH selling, exchange counterparty exposure and uncertainty over stablecoin controls. The incident is also likely to keep attention on on-chain fund movements, exchange security and the effectiveness of crypto asset recovery measures.

Darden Restaurants (NYSE: DRI) remains a quality hold, but the stock appears fairly valued and offers limited upside amid macroeconomic pressure. In fiscal Q1 2027, revenue rose 5.1% year over year to $3.20 billion, while blended same-restaurant sales increased 3.1%. Yard House and LongHorn Steakhouse were the strongest-performing brands. Margins were mixed, and management’s growth outlook was described as underwhelming. A solid dividend and share repurchases continue to support shareholder returns. For traders, Darden Restaurants offers defensive exposure to the consumer sector, but subdued growth and valuation may limit near-term share-price momentum.

Jumper will hold its JUMP token sale on Legion from 13:00 UTC on September 29 to 13:00 UTC on October 2. Participants can submit pledges, but final allocations are not guaranteed and may be reduced if demand exceeds supply. The JUMP token sale marks Jumper’s first independent fundraising round as the platform becomes a standalone business without separate equity. Jumper says its cross-chain trading app has processed more than $40 billion in lifetime volume and has over 100,000 monthly active users. The company is expanding from bridging and swaps into on-chain yield, advanced trading, tokenized real-world assets and perpetual futures. Jumper Earn has surpassed $10 million in attributed total value locked, while Jumper Advanced offers limit orders, time-weighted average price execution and dollar-cost averaging. JUMP is expected to launch separately after the fundraising process. The JUMP token sale excludes users in the United States, United Kingdom, United Arab Emirates, Russia, Iran, Syria, North Korea, Cuba and sanctioned regions of Ukraine. European Union participation is subject to Legion’s restrictions. The sale terms and demand remain unclear, creating allocation and volatility risks for traders. Separately, eligible users outside the United States can use seven Coinbase-tokenised US stocks as collateral to borrow USDC through Aave V4 on Base. This development is not directly linked to the JUMP token sale.

Bitget’s security breach exposure has risen to about $387.5 million, up from an initial estimate of $351.6 million. The exchange said on-chain tracing identified transfers to attacker-controlled addresses, including previously omitted Zcash and TRON transactions. It said the revised figure does not reflect new unauthorised activity. The Bitget security breach affected hot and warm wallets across Ethereum Virtual Machine networks, the XRP Ledger, Zcash and TRON. Reported assets include XRP, ETH, USDT, ZEC, USDC, USDT0, XAUt, BNB, AVAX and TRX. Bitget said cold wallets remained secure, the vulnerability was fixed and no further unauthorised transfers occurred. Withdrawals remain suspended, while deposits and regular trading continue. Bitget plans to provide a withdrawal-restoration update by 26 September at 04:00 UTC. The exchange has launched a recovery bounty offering rewards for help freezing or recovering funds, and said some assets have already been frozen. Mandiant and SlowMist are continuing forensic and on-chain investigations. Bitget said its more than $464 million User Protection Fund covers the initial estimate and that customer balances remain protected. The final loss figure may change as investigators classify more transactions. The incident is among the largest crypto exchange breaches, but remains below the roughly $1.5 billion Bybit Ether theft in February 2025. The update did not confirm earlier speculation about possible North Korean involvement.

Meta’s Muse highlights the growing demand for consumer-scale AI inference and AI agents. The development helped drive a sharp move in semiconductor stocks: Arm and Intel each gained more than 10%, while AMD briefly reached a market capitalisation of $1 trillion for the first time. The article argues that AI agents are becoming a major source of compute demand, supporting a broader CPU comeback and expansion of the semiconductor market. It examines the companies producing CPUs and the factors behind continued growth in AI infrastructure. The report was written by Ivana Delevska, founder and CIO of SPEAR Invest and portfolio manager of the Spear Alpha ETF. The available article extract does not provide further technical details about Muse, financial forecasts or specific cryptocurrency exposure. For traders, the key theme is the potential long-term effect of AI inference and agentic software on CPU demand, chip valuations and the wider tech sector.

General Mills’ fiscal Q1 2027 earnings failed to reassure investors, and the stock continued to decline, losing nearly one-third of its value over the past period. The report highlights two major risks: ongoing margin pressure and a rising possibility of a dividend cut. Although General Mills appears inexpensive based on current earnings multiples, weaker profitability could reduce the attractiveness of that valuation. Investors are also concerned that dividend reductions may further hurt sentiment and total returns. The company could become a Buy if key financial metrics improve during fiscal 2027, but the current risk-reward balance remains unfavorable. Traders should monitor operating margins, earnings trends, cash flow and dividend coverage before considering a position in GIS.

LENZ Therapeutics (LENZ) is trading below its reported cash balance, but the company’s weak commercial performance and ongoing losses support a Sell rating. Its VIZZ eye drops generated $1.736 million in Q2 2026 revenue from approximately 27,000 packs. Sales and marketing spending significantly exceeded sales, while the company’s cash-pay-only model faces weak patient retention and limited doctor-driven adoption. The analysis estimates that LENZ would need roughly 24 times its current sales volume to reach breakeven. Although the company held about $220 million in cash against a market capitalisation of roughly $115 million, its long-term sustainability remains uncertain. LENZ depends on a single commercial asset, continues to burn cash and may need to access equity markets, creating potential dilution risk. The company’s valuation discount therefore reflects concerns about demand, operating leverage and execution rather than simply an undervalued cash position.

Home Depot (HD) has fallen 28.7% over the past year to $292.18, but the stock may offer value for patient investors. It trades at about 19.5 times expected earnings and provides a 3.19% dividend yield. The company’s second-quarter results showed 5.7% revenue growth, 5.1% adjusted EPS growth and 33.9% free cash flow growth. Home Depot is gaining market share through its professional-customer strategy, faster delivery and investments in artificial intelligence, despite weak housing-market activity. Management is prioritising debt repayment over share buybacks. The article’s base case forecasts EPS of $18.50 within three years, potentially supporting annualised returns of about 10% including dividends. The author views Home Depot as a multi-year buy, although the outlook remains exposed to housing demand, interest rates and consumer spending.

The US Commodity Futures Trading Commission (CFTC) has sued Cash FX Group S.A., its CEO Huascar Jose Lopez Castillo, The Conversion Pros Inc., its CEO Ronald Pope, and Justin Halladay. The CFTC alleges that Cash FX Group operated a multilevel-marketing Ponzi scheme that raised more than $950 million from the public, including investors in the United States. The defendants allegedly claimed that the funds were traded in retail foreign exchange markets by professional traders, proprietary algorithms and artificial intelligence. They reportedly promised returns of up to 15% per week. The CFTC says Cash FX Group conducted only limited forex trading and misappropriated nearly all participant funds. According to the complaint, new deposits were used to pay supposed trading profits to earlier participants, while millions of dollars were paid to the defendants. The group also allegedly issued false account statements to maintain the appearance of profitable trading. Participants lost at least $406 million, according to the CFTC. The regulator is seeking restitution, disgorgement of illicit gains, civil monetary penalties, trading and registration bans, and permanent injunctions. The Cash FX Group case highlights the risks of unsustainable yield promises, opaque trading strategies and unregulated investment platforms.

TradeXYZ will suspend trading in its xyz:KIOXIA perpetual contract at about 06:35 UTC on 28 September 2026, following Kioxia Holdings’ 1-for-3 stock split. The platform will settle all open xyz:KIOXIA perpetual positions during the suspension. After trading resumes, traders must open new positions and submit new orders to restore their exposure. The action is a contract-management adjustment linked to the corporate action, rather than a direct change to cryptocurrency fundamentals. Traders should monitor the suspension time, settlement terms and post-split pricing before attempting to rebuild positions.

MeshWallet says it has raised $10 million in private funding to expand its gasless USDT wallet on the TRON network. The round, announced on September 23, was backed by private investors and smaller family offices. MeshWallet did not disclose a detailed investor list or company valuation, and the funding figure comes from a company-issued press release. MeshWallet aims to simplify stablecoin payments by allowing users to send USDT without separately holding TRX or managing network resources. The product targets users who treat stablecoins as digital money, particularly for cross-border transfers and payments. The funding will support wallet expansion and additional ecosystem benefits. For traders, the announcement highlights continued demand for better stablecoin payment infrastructure on TRON. However, the limited funding disclosure and the absence of a specific token launch or revenue data reduce its immediate market impact. MeshWallet’s longer-term challenge will be converting gasless transactions into sustained user adoption and earning trust for stablecoin balances.

Cronos (CRO) rose about 6% after Crypto.com CEO Kris Marszalek announced that the company had filed with the US Commodity Futures Trading Commission (CFTC) to list equity perpetuals in the United States. The filing follows the Securities and Exchange Commission’s (SEC) acknowledgement of a Form 1-N submitted by Nadex, the Chicago-based exchange operated by Crypto.com Derivatives North America. The SEC filing covers security futures on 10 stocks, including Apple, AMD, Amazon, Alphabet, Meta, Microsoft, Micron, Nvidia, Tesla and SpaceX. Equity perpetuals have no expiry date. Under a CFTC policy introduced on 29 May, these products require case-by-case approval from the derivatives regulator. Coinbase and Kalshi have also pursued US approval for single-stock perpetuals. The Crypto.com filing is the third major catalyst for CRO this month. The token is up about 9% over seven days and 13% over the past month, according to CoinGecko, although it remains roughly 93% below its November 2021 record high. For traders, the filing strengthens Crypto.com’s US expansion narrative, but CFTC approval and regulatory execution remain key risks.

Flap has launched on Base, Coinbase’s Ethereum layer-2 network, enabling users to trade stock-linked tokens and real-world assets (RWA) through Flap.sh. The announcement was made on X on 25 September 2026. The service expands access to tokenised financial products on Base, connecting blockchain trading infrastructure with traditional market assets. No specific stock-linked tokens, RWA products, trading volumes or fees were disclosed. Traders should monitor liquidity, asset-backing arrangements, regulatory compliance and the availability of secondary markets before trading.

Tetra Digital Group launched its Canadian-dollar stablecoin CADD on Solana on September 23, expanding the token’s reach beyond Ethereum, Base and Tempo. CADD is designed to maintain a 1:1 value with Canadian-dollar reserves and support payments, transfers, treasury operations and on-chain settlement. The launch gives Solana users access to a regulated CAD-denominated stablecoin in a market dominated by USDT and USDC. Tetra describes CADD as the first Canadian-dollar stablecoin issued by a regulated financial institution. Tetra also warned users about copycat CADD tokens on Solana and published the official mint address. Traders and applications should verify the mint address rather than relying solely on the token’s name or ticker. The rollout could improve Canadian-dollar liquidity and payment infrastructure on Solana, although adoption will depend on demand from Canadian users, businesses and financial applications.