Latest Crypto News | Bitcoin, Ethereum and Altcoin Updates

AI cloud computing company Nscale has completed a $3.36 billion convertible note financing round led by Third Point. Of the total, $2.36 billion was funded at closing. Nvidia has separately committed an additional $1 billion investment, which is expected to arrive in mid-November. Nscale said its contracted total value exceeds $103 billion. The Nscale financing highlights strong investor demand for AI infrastructure and cloud computing capacity. For crypto traders, the deal may support broader sentiment toward artificial intelligence, data centers and high-performance computing, although it has no direct impact on any cryptocurrency or blockchain token.

Zest Protocol has launched a mainnet demo for Bitcoin-backed lending, allowing users to deposit native BTC into self-custodial Taproot vaults on Bitcoin and borrow USDC through Ethereum smart contracts. The Bitcoin remains on the Bitcoin network and is not wrapped, bridged or transferred to Ethereum. Each vault is linked to a collateral record on Ethereum. Users pre-authorise permitted BTC destinations when creating the vault, while liquidation can move only the amount required to a registered liquidator if collateral falls below the required level. Zest says its architecture is also being developed to support BitVM-based verification, which could reduce trust requirements between Bitcoin and Ethereum. The demo uses real BTC and USDC on mainnet but remains restricted. Deposits are currently capped at 0.001 BTC per wallet, meaning the release is a controlled test rather than an unrestricted production launch. Bitcoin-backed lending has traditionally relied on custodians, wrapped BTC or cross-chain bridges. Zest’s Bitcoin-backed lending model aims to let BTC holders access Ethereum-based USDC liquidity while retaining self-custody and keeping their Bitcoin on its native network. The initial market impact is likely to be limited by the small cap, but successful development could expand Bitcoin’s use as collateral across decentralised finance markets.

Blue Owl Capital Corp. (OBDC) trades at roughly a 20% discount to book value, but the article argues that the discount may be justified by deteriorating loan quality and aggressive risk-taking. Blue Owl Capital Corp.’s portfolio includes several high-risk second-lien and payment-in-kind (PIK) loans, some of which have already been marked down or could face substantial losses. Loans linked to Loparex, Peraton, National Dentex Labs, Conair and Feradyne Outdoors could collectively put about $600 million of book value at risk. Further net asset value erosion is therefore possible. The analysis describes OBDC as fairly priced rather than undervalued and gives the stock a negative outlook. The article is an individual investor’s opinion, not investment advice, and does not identify a direct cryptocurrency or blockchain-market catalyst.

Midstream ETFs attracted strong investor demand in 2026 despite energy-market volatility. The Alerian MLP ETF (AMLP) recorded $1 billion in net inflows, while the Alerian Energy Infrastructure ETF (ENFR) gathered $134 million through September 23. Midstream ETFs also delivered robust performance. AMLP gained 20.7% on a total-return basis, while ENFR rose 25.3%, compared with a 13.5% gain for the S&P 500. The underlying Alerian MLP Infrastructure Index yielded 6.7%, and the Alerian Energy Infrastructure Index yielded 4.4%. The funds are supported by energy infrastructure companies with relatively stable, fee-based business models. Their high yields and strong returns have increased their appeal to income-focused investors. For traders, the figures highlight continued momentum in midstream ETFs, although performance remains exposed to energy-sector sentiment, interest rates and broader market volatility.

Strategy is seeking shareholder approval for daily dividends on its preferred securities STRF, STRC, STRK and STRD. Each calendar day would become a dividend record date, including weekends and public holidays, with payment on the next business day. The daily dividends plan would increase payment frequency without changing annual dividend rates or Strategy’s total dividend obligations. STRC could begin daily dividends on 1 November, subject to approval at the 28 October virtual shareholder meeting. STRF, STRK and STRD would move from quarterly payments to daily record dates on 1 January 2027, with initial payments expected on 4 January. Current annual rates are 10% for STRF, 8% for STRK, 10% for STRD and a variable 12% for STRC. Strategy says daily dividends could reduce reinvestment delays, improve liquidity and trading efficiency, and limit price swings linked to accumulated dividend income. The company previously moved STRC from monthly to semi-monthly dividends, a change backed by 97.5% of votes. It had paid $255 million in semi-monthly STRC dividends through 15 September. The proposal comes as Strategy expands its Bitcoin treasury and supports the STRC market through buybacks. The company bought 950 BTC for $75.7 million between 14 and 20 September and repurchased 1.77 million STRC shares for $174 million. Its holdings reached 846,000 BTC, acquired for $63.8 billion at an average price of $75,416. Strategy also held $5.04 billion in USD reserves and $1.05 billion in additional cash as of 20 September. The daily dividends plan may improve preferred-security liquidity, but its direct effect on Bitcoin and the wider crypto market is likely to remain limited.

CoinMarketCap has acquired crypto derivatives data platform CoinGlass for an undisclosed amount, expanding its coverage of leverage trading across 28 exchanges and more than 2,500 products. CoinGlass tracks open interest, funding rates, liquidations and options data. CoinMarketCap plans to integrate CoinGlass derivatives analytics into its platform, which serves about 115 million monthly users. Traders will gain access to positioning data, liquidation clusters and funding-rate trends, offering additional tools to assess leverage, sentiment and potential volatility. CoinGlass will continue operating independently under its existing brand and team. Its website, app, free tools, API services and pricing will remain unchanged. The acquisition strengthens CoinMarketCap’s market-data offering. CoinMarketCap has been owned by Binance since 2020, while Binance has said the platform would remain independent.

The US Treasury has financed about 40% of its $2.1 trillion in net new borrowing through Treasury bills, well above the Treasury Borrowing Advisory Committee’s recommended 15%-20% range. Money markets absorbed the Treasury bills without major liquidity stress, supported by ample bank reserves and the Federal Reserve’s Reserve Management Purchases. However, Treasury yields have risen sharply. Three-month bill yields increased 36 basis points to 4.15%, while 10-year Treasury yields climbed 51 basis points to 5.16%. The rise weakens the case for relying heavily on short-term funding to limit borrowing costs. Analysts warn that the Treasury bills strategy increases rollover risk because a large volume of debt must be refinanced frequently. It could also raise long-term fiscal costs if yields remain elevated, particularly as the Federal Reserve moves towards a tighter policy stance. For traders, the Treasury bills supply remains a key indicator for money-market liquidity, interest-rate expectations and risk-asset valuations.

WisdomTree’s Efficient Capital Framework argues that investors can add portfolio diversifiers without fully abandoning core exposures. The approach highlights gold as a distinct asset during market stress, geopolitical uncertainty and changes in monetary policy. The WisdomTree Efficient Gold Plus Equity Strategy Fund is designed to combine US equities and gold in one strategy, allowing investors to maintain equity exposure while adding gold diversification. The fund reflects WisdomTree’s broader view that portfolio construction should use capital more efficiently instead of forcing investors to choose between growth assets and defensive holdings. Gold remains relevant to traders as a potential hedge against inflation, market volatility and policy uncertainty. However, the article does not provide performance data, fund flows or specific cryptocurrency exposure. The strategy’s direct impact on crypto markets is therefore limited, although stronger interest in gold could influence broader risk appetite and compete with digital assets for defensive or alternative-allocation capital.

Microsoft has redesigned Copilot as a broader AI productivity platform with three sections: Home, Code and Autopilot. The Home tab combines chat and collaboration tools, allowing users to create and edit Word, Excel and PowerPoint files within Copilot. The Code tab uses GitHub Copilot technology to build apps, dashboards and workflows from natural-language prompts. Autopilot will introduce proactive AI agents, beginning with Microsoft Scout, to manage background tasks with limited human oversight. Home and Code features will roll out through Microsoft’s Frontier programme, while Autopilot is expected to enter private preview by the end of September, initially targeting enterprise users. Microsoft is also shifting some advanced Copilot services towards usage-based pricing and launching FinOps tools to help companies monitor AI spending. Work IQ APIs will provide additional governance and visibility. The Copilot update strengthens Microsoft’s strategy of making its AI assistant the central interface for Office and custom applications. It could increase enterprise adoption and demand for cloud computing, but usage-based pricing may create unpredictable costs for heavy users. For crypto traders, the announcement is primarily a technology and large-cap equity development rather than a direct cryptocurrency catalyst.

Ethereum developers have two major toolchain updates. The Nomic Foundation launched slang-solx on 7 September 2026, an LLVM-based Solidity compiler backend that is up to five times faster than solc in via-IR mode and about 1.7 times faster in legacy mode. The compiler supports Solidity 0.8.34 but remains intended for development rather than mainnet production. The Solidity team released Solidity v0.8.37 on 10 September. The update fixes two low-to-medium-severity bugs and adds support for the SLOTNUM opcode linked to the Amsterdam EVM upgrade. Developers are advised to adopt Solidity v0.8.37 as part of normal security and compatibility maintenance. Slang-solx could reduce Ethereum development and testing times, particularly as the ecosystem moves towards via-IR compilation. However, its experimental status means traders should not expect an immediate effect on ETH prices or network activity. Over the longer term, faster Solidity compilation and improved Ethereum tooling could support more efficient smart-contract development and strengthen developer adoption.

SlowMist has found no confirmed cryptocurrency theft linked to the iPhone Safari attack samples it analysed. The iPhone Safari attack primarily targets iOS 18.4 to 18.6.2, while researchers have not produced reproducible evidence that iOS 26.5 is vulnerable. Earlier claims of a wider iOS range remain unverified. The malware reused techniques from the DarkSword iOS exploit chain and was distributed through malicious webpages disguised as free virtual private server services. The samples could access Apple Keychain, extract and decrypt stored data, and read application files and shared data. These capabilities could expose crypto wallet private keys or seed phrases, but SlowMist has not confirmed wallet extraction from a real victim. Apple has patched the vulnerabilities used in the analysed samples. SlowMist recommends installing the latest iOS security update, avoiding suspicious links and considering Lockdown Mode for higher-risk users. Anyone who suspects wallet credentials were exposed should create a new wallet on a clean device and transfer assets. For crypto traders, the iPhone Safari attack is a mobile wallet security warning, but the lack of confirmed losses suggests limited short-term market impact.

Federal Reserve Chair Kevin Warsh is reshaping the central bank’s policy communication and decision-making framework after 127 days in office. Warsh recently shortened post-meeting press conferences and reorganised the order of journalists’ questions. More significantly, he rejected the traditional neutral interest rate framework at the 16 September press conference, saying it may be academically useful but offers little practical guidance for Federal Reserve rate decisions. His approach is being compared with former Chair Alan Greenspan’s policy logic, which relied less on a single theoretical estimate and more on incoming economic data and risk assessment. For crypto traders, the key issue is whether Warsh’s framework will produce a more data-dependent and less predictable path for interest rates. The article does not announce a specific rate decision, so its immediate market impact is limited. However, future changes in Federal Reserve communication could affect expectations for the US dollar, Treasury yields, liquidity and risk assets, including cryptocurrencies.

Ondo Finance has launched three on-chain portfolio products based on investment strategies developed by BlackRock. The products are part of Ondo Finance’s Intelligent Portfolios suite and are packaged as single tokens, giving investors exposure to diversified asset baskets without managing each position individually. The products are Ondo High Income Powered by BlackRock, Ondo Diversified Growth Powered by BlackRock and Ondo High Growth Powered by BlackRock. They target different investment objectives, ranging from global income to diversified and higher-growth allocations. Asset weights, rebalancing schedules and fee rules will be encoded in smart contracts and managed programmatically. The underlying positions will use Ondo Stocks, a platform for tokenised equities and exchange-traded funds backed by traditional securities and market liquidity. The portfolios are expected to operate around the clock, subject to regulatory and geographic restrictions, and may be transferable across supported DeFi applications. Ondo Finance also appointed longtime President Ian De Bode as CEO after the death of founder and former CEO Nathan Allman at age 32. The launch expands Ondo Finance’s push to bring traditional asset management and tokenised real-world assets to blockchain markets.

USELESS has launched on Arcus, a derivatives decentralised exchange in the Robinhood Chain ecosystem. Arcus offers trading in real-world assets, major cryptocurrencies and blue-chip meme coins, including USELESS. Bonk Guy described Arcus as similar to Hyperliquid and said the platform remains in its early stage. Users can build trading volume and points through activity. If Arcus later distributes rewards based on user participation, highly active traders could potentially receive airdrops worth up to millions of dollars. Users who joined Arcus’s waitlist through Bonk Guy’s referral link have reportedly received perpetual-contract trading whitelists. The announcement may increase attention and trading activity around USELESS and Arcus, although any future airdrop remains speculative and has not been officially confirmed.

DTE Energy is positioned as a dividend-growth utility, supported by Michigan’s expanding data center sector and major agreements with Oracle and Google. The company’s $36.5 billion capital plan is expected to support 6%–8% annual operating earnings-per-share growth through 2030, with potential additional upside. DTE Energy shares trade at a forward price-to-earnings ratio of 16.36, below the proposed fair-value multiple of 18. The analysis estimates about 24% share-price upside by 2027 and roughly 12% annualized returns through 2031. The company offers a dividend yield of approximately 3.4%, supported by a relatively low payout ratio and continued attention to customer affordability. The main risks include higher interest rates, financing costs and increased regulatory scrutiny. For traders, DTE Energy combines defensive utility characteristics with exposure to data center infrastructure and electricity demand. However, the article is an investment analysis rather than a corporate announcement, and its projections are not guaranteed.

Carrier Global (CARR) is rated Buy as demand strengthens across data center and commercial HVAC markets. Data center orders rose 300% year on year in Q2 2026. Revenue from the segment is expected to reach about $2 billion in 2026 and exceed $3 billion in 2027. Carrier Global is also benefiting from expanded manufacturing capacity and a recovery in residential and light commercial markets. These trends could improve product mix, margins and earnings in the second half of 2026 and through 2027. The company’s aftermarket business provides additional long-term support. CARR trades below historical and peer valuation multiples, although the outlook remains exposed to cyclical demand, execution risks and broader economic conditions.

NYSE and Blockchain.com have signed a memorandum of understanding to explore tokenized securities, including US stocks and ETFs, through the exchange’s planned Digital ATS. The platform could support 24/7 trading, fractional ownership, dollar-based orders, stablecoin funding and near-instant on-chain settlement, while preserving shareholder rights such as dividends and voting. The initiative could eventually connect Blockchain.com’s 44 million verified accounts with NYSE and ICE market data. Blockchain.com may also distribute crypto market data to ICE Data Services customers. NYSE has indicated that the digital market could launch in the second half of 2026, subject to regulatory, custody and settlement approvals. The development follows the SEC’s planned five-year innovation exemption for authorised tokenized securities venues. Initial venue filings could arrive in the next quarter, with issuers given 30 days to object before tokenized shares are offered. Tokenized securities already had about $2.92 billion in distributed value and roughly 3.63 million holders as of mid-September, according to RWA.xyz. Regulators caution that 24/7 tokenized securities trading may reduce overnight liquidity, widen spreads and increase volatility. The CFTC supports tokenized real-world assets, blockchain records, tokenized collateral and stablecoins, but says trading hours should vary by market. Crypto and precious metals may suit continuous trading, while agriculture, energy and some financial markets may not. Similar projects include Nasdaq’s partnership with Payward and the xStocks framework. The near-term impact on crypto prices is likely limited, but the initiative could support long-term institutional adoption of blockchain-based assets.

Kaspi.kz (KSPI) retains a Buy rating as core business metrics show stability or acceleration. Fintech lending remains strong, with growth shifting towards longer-duration, revenue-generating loans and improving credit quality. A recent interest-rate cut in Kazakhstan could lower funding costs and support margins in Kaspi’s interest-sensitive segments. The company also raised its dividend, strengthening shareholder returns. Hepsiburada’s Turkish fintech launch is expected next year. However, ongoing investment in the platform is likely to limit near-term EBITDA growth. Analysts see the investments as positioning Hepsiburada for a potential inflection in 2027, when spending may ease and operating leverage could improve. For traders, the main catalysts are dividend policy, Kazakhstan interest rates, fintech loan growth, credit quality and the execution of Hepsiburada’s expansion.

Bond volatility has risen sharply while Bitcoin and US stocks remain relatively calm. The MOVE index, which tracks expected volatility in US Treasury markets, climbed from about 80 on Tuesday to 104 on Thursday, its highest level since March. The increase reflects higher bond yields and renewed inflation concerns linked to rising oil and diesel prices amid the Middle East conflict. Bitcoin’s 30-day implied volatility index, BVIV, remained near 37, close to its year-to-date low of 35. The Cboe VIX, which measures expected S&P 500 volatility, was also near a yearly low at 14. The divergence suggests that bond volatility has not yet spread to cryptocurrency or equity markets. The US 10-year Treasury yield briefly reached 5.2% before easing to 5.163%. Higher Treasury volatility can tighten financial conditions and reduce appetite for risk assets. However, Bitcoin volatility has remained subdued, and the 20-day correlation between BVIV and MOVE fell to -0.37. The correlation between VIX and MOVE turned slightly negative at -0.06, its first negative reading since April 2024. For crypto traders, the key risk is whether sustained bond volatility eventually pushes up Bitcoin volatility and pressures risk assets. So far, Bitcoin remains resilient despite rising yields.

Kazakhstan has approved a policy allowing oil producers to convert associated petroleum gas, which is normally flared at oil fields, into off-grid electricity for crypto mining. President Kassym-Jomart Tokayev signed the decree on 8 July as the government seeks to reduce gas flaring and rebuild Kazakhstan’s role in global Bitcoin mining. The policy directs miners to use excess oil-field gas when it is not required for state purposes. Containerised mining facilities can operate near remote wells without relying on the national power grid. This could reduce pressure on Kazakhstan’s electricity system, which previously contributed to stricter mining regulations and higher costs after mining operations consumed about 8% of national electricity supplies. Kazakhstan became a major Bitcoin mining hub after China’s 2021 mining ban, but its global hash-rate share later declined as energy shortages and regulation pushed miners elsewhere. The new flare-gas model aims to attract investment while limiting competition for grid power. Similar operations are already active in the United States. The decree also provides personal income tax exemptions for transactions conducted on licensed domestic digital-asset platforms. Kazakhstan is additionally developing frameworks for stablecoins and tokenised instruments for cross-border trade. The policy may support Kazakhstan crypto mining and local digital-asset activity, although its effect on Bitcoin’s global market is likely to be limited in the short term.

Barclays warns that rising bond yields are threatening stock market stability and increasing volatility across asset classes. US Treasury yields have moved above 5%, their highest level since 2007, making bonds more attractive relative to equities. Barclays says corporate earnings will need to provide stronger support for stock valuations as higher yields increase competition for investor capital. For crypto traders, rising bond yields and tighter financial conditions may reduce demand for riskier assets, including Bitcoin. Traders should monitor Treasury yields, Federal Reserve guidance and equity-market volatility. Further signs of monetary tightening could weigh on crypto prices, while a stabilisation or decline in yields could improve risk appetite.

US Defense Secretary Pete Hegseth’s 2025 annual financial disclosure shows Bitcoin held in a Coinbase wallet. The filing lists two Bitcoin entries valued at $15,001–$50,000 and $1,001–$15,000, putting the combined Bitcoin holding between roughly $16,000 and $65,000. The filing identifies capital gains as the income type. It records no Bitcoin purchases or sales above $1,000 during the reporting period, suggesting no reportable Bitcoin trading activity under the disclosure threshold. Bitcoin represents a small portion of Hegseth’s reported assets, which include at least $3.1 million in cash, retirement investments and digital assets. The filing also shows that Hegseth sold individual stocks, including defense contractors and major technology companies, after taking office and shifted toward index funds. The disclosure is unlikely to have a direct effect on Bitcoin prices or broader crypto market stability. Its main relevance for traders is the continued visibility of Bitcoin ownership among senior US officials, although Hegseth’s holdings are modest compared with President Donald Trump’s reported crypto assets and business income.

Ethena is expanding the USDe basis trade beyond crypto into tokenized US equities. The protocol will use Binance bStocks as spot collateral and short corresponding Binance equity perpetuals to hedge exposure and maintain delta neutrality. The strategy seeks to capture funding-rate spreads rather than profit from stock-price direction. Ethena’s Risk Committee approved the framework. Binance equity perpetual open interest has exceeded $2.9 billion, while the equity basis averaged a 3.56% annualised return over the past six months. Ethena expects equity perpetual markets could eventually surpass crypto perpetual markets. The move broadens USDe’s backing strategy, which also includes crypto derivatives, stablecoins, DeFi lending, tokenized real-world assets and institutional lending. In early July, crypto basis positions represented about 1% of USDe’s backing, compared with approximately 6.9% for institutional lending. Binance bStocks are linked to securities including Nvidia, Tesla, Circle, Micron and Sandisk. Token Terminal data showed the tracked tokenized-stock market reached about $2.7 billion in August, up from roughly $80 million a year earlier. The USDe basis trade could diversify yield sources and collateral, but traders should monitor equity volatility, liquidity, custody, counterparty, regulatory and delta-hedging risks.

XRP price forecast analysis shows the token trading at $1.54 on 25 September 2026, up 4.1% in 24 hours, 15.5% over seven days and 8.2% over 30 days. XRP remains 45.5% below its level a year earlier, with a market capitalisation of about $97 billion and daily volume near $4.19 billion. The XRP price forecast is increasingly influenced by institutional demand. Spot XRP ETF products recorded about $20 million in inflows on 22 September, lifting cumulative inflows to $1.73 billion. Bitwise and Franklin ETF clients reportedly bought a combined $14.89 million of XRP. Ripple’s digital-asset custody partnership with Absa also expands regulated access in African markets. Technically, XRP is trading above its 50-day and 200-day exponential moving averages near $1.34 and $1.36, while a potential golden cross adds to the bullish case. Immediate support is around $1.5065, with $1.50 viewed as the key level separating a breakout from another failed attempt. A daily close above the $1.61–$1.70 resistance zone could open a path towards $1.80 and potentially $2. A failure below $1.5065 could expose support near $1.45–$1.48, with a deeper decline potentially reaching $1.10–$1.12. The article also promotes LiquidChain, a high-risk presale project, but its claims remain unproven.

The dollar index rose 0.49% to 101.096, its highest level in eight weeks, after the US composite PMI climbed to 58.4 in September, well above expectations. The services PMI reached 58.7 and manufacturing PMI rose to 57, while the input-price index hit 66.4, its highest level since October 2022. The data strengthened expectations for further Federal Reserve tightening, with markets pricing the probability of a 25-basis-point October rate hike at nearly 70%. US Treasury yields also advanced, driven mainly by higher real yields, while gold fell below $4,300 and US equities closed lower. The dollar index rally has been supported by widening US short-term yield differentials, hawkish Federal Reserve comments, AI-related capital inflows and heavy Treasury issuance linked to the US fiscal deficit. Bloomberg reported that the Trump administration is considering an initiative to promote dollar-denominated stablecoins overseas. The plan could involve the Treasury Department, State Department and US International Development Finance Corporation. Under the GENIUS Act framework, issuers would hold cash and short-term US Treasuries as reserves, potentially creating a new structural source of demand for US government debt. The initiative remains under consideration and has not been officially confirmed. For crypto traders, a stronger dollar and higher real yields are short-term headwinds for Bitcoin and other risk assets, while wider global stablecoin adoption could support long-term dollar liquidity and on-chain settlement. Traders will focus on upcoming US non-farm payrolls and CPI data before the next Federal Reserve meeting.

The Nomic Foundation has released Hardhat Utils 4.3.0 with improved HTTP proxy support. The update fixes how invalid HTTPS_PROXY and HTTP_PROXY values are handled, ensuring they are reported as Hardhat errors rather than unexpected errors. Hardhat Utils 4.3.0 is relevant to Ethereum developers and infrastructure teams that rely on proxy-based network connections. The release does not introduce a cryptocurrency token, protocol upgrade or direct change to blockchain markets.

CometBFT v0.42.2 introduces mutual TLS (mTLS) for the private validator (privval) gRPC server. Non-localhost listeners must now use mTLS unless operators explicitly set `priv_validator_grpc_allow_insecure = true`. The CometBFT release also caps transaction and block search match sets through `max_search_results`. In consensus propagation, it limits `WantParts.MissingPartsCount` to the size of the relevant bit array. These changes strengthen node security, reduce the risk of excessive search-resource usage, and improve consensus message handling. CometBFT v0.42.2 is primarily an infrastructure and security release rather than a market-moving upgrade. Traders tracking CometBFT-based networks should monitor validator adoption, upgrade requirements, and any temporary operational disruptions. The CometBFT changes are unlikely to create a direct price catalyst without a broader ecosystem announcement.

All 11 Democratic members of the US Senate Banking Committee have asked Chairman Tim Scott to hold a public hearing on prediction markets. The request followed a private meeting between Republican committee members and Kalshi CEO Tarek Mansour. Lawmakers want to examine prediction market contracts linked to corporate earnings, securities, economic data and other financial-market outcomes. They said these products could raise overlapping jurisdiction and investor-protection questions for the Commodity Futures Trading Commission and the Securities and Exchange Commission. Prediction markets are expanding beyond politics and sports, while US states challenge some sports-related contracts and federal regulators debate oversight. The hearing request does not change Kalshi’s regulatory status or create new legislation, but it signals growing congressional scrutiny of prediction markets. For crypto traders, the immediate impact is neutral. A hearing could improve regulatory clarity and support wider acceptance of event-based trading over time. However, stricter compliance rules, enforcement risks and uncertainty for platforms operating near financial markets could weigh on sentiment. Prediction markets may also become an important regulatory reference point for crypto-based event contracts.

Uniswap (UNI) traded near $9.11 on September 25 after reaching an intraweek high of about $10.95. The rally stalled below the key $11.51 Fibonacci resistance, while UNI’s weekly RSI rose to roughly 73, indicating overbought momentum. UNI could retreat toward the 200-week EMA near $7.83, representing a potential correction of about 15% from recent levels. If that support fails, the 100-week EMA around $6.91 becomes the next downside target. Derivatives data also shows approximately $5.16 million in leveraged long positions concentrated near $8.87, with an estimated $10.35 million in cumulative liquidations potentially exposed if UNI falls toward that level. The liquidation cluster could accelerate selling and increase short-term volatility. However, UNI’s longer-term structure remains improved after breaking above a descending resistance trendline. Defending the $8.87 liquidity zone and $7.83 support could allow UNI to retest $11.50. A decisive weekly close above $11.51 would weaken the bearish correction scenario.