MetaMask has launched MetaMask perpetuals trading directly within its wallet via a partnership with Hyperliquid. This in-wallet perpetuals trading feature lets over 30 million monthly users open, manage and monitor gas-free, on-chain settled derivatives positions without leaving MetaMask.
Powered by Hyperliquid’s Layer 1 DEX infrastructure, the MetaMask perpetuals trading integration delivers on-chain transparency, high-performance execution and low-latency order matching. Traders gain access to continuous contracts with no expiry, leverage options and real-time funding rate updates. By embedding in-wallet perpetuals trading, MetaMask streamlines the trading workflow and reduces operational friction, potentially boosting DeFi trading volumes and driving broader adoption of perpetuals trading.
SunPerp, a TRON-based perpetual DEX, will allocate 100% of its protocol revenue to SUN token buyback. This SUN token buyback strategy aims to shrink circulating supply and sustain price support.
By channeling all trading fees into on-chain repurchases—building on earlier programs like SunPump—SunPerp reinforces confidence in SUN and boosts market sentiment. Traders should monitor TRON network fee reports, the buyback schedule, and global USDT volume to gauge liquidity shifts and long-term value implications.
Senators Elizabeth Warren, Mazie Hirono and Richard Blumenthal have pressed the U.S. Department of Justice to confirm Binance’s compliance with its November 2023 $4.3 billion settlement. They seek proof that the exchange has implemented required anti-money laundering and know-your-customer controls, maintained independent monitors, and met licensing terms.
Senators also question reports that the DOJ may lift monitoring early under political pressure. They note possible contacts between Binance and the Trump administration, and concerns over a potential pardon for former CEO Changpeng Zhao. The lawmakers have asked for a detailed response by October 1. Traders will watch for the DOJ’s clarification on Binance compliance, as it could affect regulatory certainty, market sentiment, and BNB’s trading outlook.
FG Nexus has increased its Ethereum holdings to 49,715 ETH (about $229 million), starting with a 6,400 ETH purchase on Ethereum’s genesis anniversary. The firm added 1,087 ETH through direct buys and earned additional staking rewards. It plans to deploy reserves via staking and restaking, tracking performance with its “ETH Yield per Share” metric. Partnerships with Anchorage Digital and Galaxy provide custody, structured trading, and asset management solutions. This move reflects a broader trend of corporate crypto treasury diversification amid a 47% ETH price rally. FG Nexus’s Ethereum holdings strategy signals strong institutional adoption, may tighten circulating supply, and could influence market confidence. Traders should note potential upside but remain aware of crypto volatility and regulatory risks.
IMX surged 17% to $0.96 in 24 hours, outpacing most altcoins after an earlier 12% rally above $0.70. The rally stems from growing on-chain activity and key whale purchases. Strategic ties with Netmarble and the September 16 launch of Web3 MMO Chainers bolstered user engagement. The merger of Immutable with its zkEVM chain into Immutable Chain improved scalability and attracted developers. Weekly IMX token rewards rose to 2.9 million, boosting liquidity. A new MEXC partnership simplifies IMX transfers to the zkEVM chain. Regulatory clarity from the SEC’s closed probe and generic ETF approvals enhanced market sentiment. Technicals show a 6.2% turnover ratio, a 4-hour RSI of 64 and positive MACD momentum. Messari reports a 5.7% quarterly rise in Immutable Chain transactions. Analysts eye resistance at $1 and supports at $0.45 and $0.30 on potential corrections.
Grvt DEX raised $19M in a Series A led by ZKsync, Further Ventures, EigenCloud and 500 Global. Grvt DEX uses zero-knowledge proofs on ZKsync Validium L2 to deliver Ethereum-level security, transaction privacy and low fees. This funding underlines its commitment to privacy-first onchain finance and addresses security gaps, scalability limits and MEV attacks on public chains.
With August onchain volume topping $320 billion and DeFi projected to reach $1.5 trillion by 2034, Grvt DEX will deploy its privacy-by-default Validium L2 infrastructure. Key offerings include an industry-first fixed yield generation flywheel, a stablecoin system integrated with real-world assets, cross-chain vaults and structured products such as a 10% fixed-yield plan and a high-APR market-making strategy. By focusing on privacy and scalability, Grvt DEX aims to become a leading liquidity hub in the trillion-dollar onchain finance market.
Bullish
Privacy-focused DEXSeries A FundingZKsync ValidiumZero-Knowledge ProofsDeFi Market
Grayscale GLDC, approved by the SEC under new generic listing standards, will list tomorrow as the first US multi-crypto ETP. As a multi-crypto ETP, GLDC holds spot allocations in Bitcoin (BTC), Ether (ETH), XRP (XRP), Solana (SOL) and Cardano (ADA), offering regulated, market-cap-weighted exposure with daily NAV disclosures and standard exchange surveillance. Investors avoid private key custody, as Grayscale manages custody, rebalancing and compliance. By simplifying diversified crypto access, GLDC lowers barriers for institutional and retail traders and may boost demand for major tokens. With Bitcoin trading around $116,828 and Ether near $4,536, GLDC’s transparent structure and on-chain safeguards could catalyze broader altcoin adoption and enhance liquidity. Traders should monitor launch details for optimal entry points.
FalconX transferred a total of 531,265 SOL (≈$126.8 M) off Binance, OKX, Coinbase and Bybit, signaling institutional accumulation of Solana tokens. The broker first withdrew 413,075 SOL in an eight-hour window, then moved another 118,190 SOL off Binance hours later into cold storage. On-chain analytics by Lookonchain and Arkham Intelligence classify these exchange outflows as a deliberate strategy to reduce sell-side liquidity. Glassnode data shows similar SOL exchange outflows have preceded average price rallies of around 20%. With SOL trading near $233, traders are watching support at $220 and resistance at $250; a sustained break above $230 and the 50-day EMA could attract fresh buying. While 24-hour SOL/USDT volumes exceed $2 billion, reduced on-exchange supply may amplify short-term volatility. Traders should also monitor order-book depth, macro drivers, derivatives flows and other large-holder actions. Institutional confidence in Solana’s fast transactions and expanding ecosystem underpins this bullish trend.
Bybit has partnered with Qatar National Bank (QNB) and DMZ Finance to integrate DFSA-approved QCDT collateral, enabling its tokenized money market fund—backed by US Treasuries—to serve as institutional borrowing collateral. Managed under DIFC regulation, assets are overseen by QNB and custodied by Standard Chartered, unlocking up to $1 billion in lending capacity. This first DFSA-recognized real-world asset collateral on a crypto exchange—pending DFSA’s public confirmation—strengthens Bybit’s institutional offering and bridges traditional finance and DeFi in the Middle East. The move reflects broader real-world asset tokenization trends on Ethereum and follows regional partnerships like Polygon’s collaboration with Cypher Capital.
US Senators Jeff Merkley and Representative Sean Casten formally wrote to the SEC on September 17, asking why it paused its 2023 enforcement lawsuit against Justin Sun, indicted for issuing unregistered securities. They also urged a review of Tron’s TRX Nasdaq listing via reverse merger, warning that bypassing a traditional IPO may expose investors to heightened finance and national security risks due to potential ties with Chinese entities.
In their letter, they highlighted Sun’s financial backing of Trump-linked crypto ventures like World Liberty Financial and the Meme coin TRUMP, raising concerns over foreign influence on the SEC’s regulatory process. The lawmakers demanded confirmation that the SEC retains sufficient tools to protect US investors if the Sun case is settled out of court.
This inquiry underlines growing regulatory scrutiny over high-profile crypto listings, particularly on Nasdaq, and may set a precedent for future SEC oversight of Tron, TRX, and other token IPOs. Crypto traders should watch for possible enforcement actions or revised listing standards that could impact TRX and broader market sentiment.
Avalanche AVAX surged over 15% after breaking through $28 and $35 resistance levels, reaching a multi-month high of $35.72. The token holds above its 50-day SMA and key trend lines at $30 and $32, confirming bullish momentum. Short-term pullbacks may find support at $32.50 (23.6% Fib) and $30 (trend line and 50% Fib). Immediate resistance sits at $36.20; a decisive close above this could drive AVAX toward $38, $40, and higher targets at $42 or $50. Overall, Avalanche AVAX maintains a bullish outlook with clear support levels and upward targets.
Coinbase XRP reserves have collapsed from roughly 970 million in June to about 65.6 million by mid-September, marking a near 90% drop. On-chain data shows 48 of 52 tracked cold wallets now report zero balances, while the remaining four each hold about 16.4 million XRP. Multiple off-chain transfers consolidated funds, highlighted by a single weekend movement of 16.5 million XRP. The visible outflows fuel debate over whether Coinbase is restructuring custody addresses or quietly facilitating institutional accumulation. Despite the decline in on-exchange XRP reserves, no substantial sell-side activity is confirmed. Reduced exchange liquidity may tighten order-book depth, potentially increasing short-term volatility. Traders should monitor on-chain transfers and await official statements on custody changes to gauge true market demand versus routine security practices.
CZ pardon odds on Polymarket surged to a record 64% after he removed “ex-@binance” from his X profile, before settling around 45%. CZ stepped down as Binance CEO in 2023 under a US plea deal over anti-money laundering breaches and served four months in prison. In May, he instructed lawyers to seek a presidential pardon from former President Trump, who previously pardoned Silk Road founder Ross Ulbricht and BitMEX co-founders. A successful pardon could allow CZ to return to Binance management, reversing the 2023 settlement that bars him from leadership. Under that agreement, Binance paid $4.3 billion and agreed to three years of compliance monitoring. US lawmakers, including Senator Elizabeth Warren, have raised concerns about attempts to alter oversight and potential financial ties between the Trump family and Binance. Traders should follow evolving regulatory scrutiny and leadership changes at Binance: rising CZ pardon odds could boost BNB in the short term, but increased legislative monitoring may limit gains.
Coinbase has integrated the Morpho lending protocol into its app, letting USDC holders earn up to 10.8% APY on stablecoin deposits—double the native 4.5% yield. Curated by Steakhouse Financial, the Morpho vault taps into over $8.3 billion in TVL and streamlines on-chain DeFi access without third-party wallets. Institutional DeFi lending has surged 72% YTD, reflecting growing demand. Users must enable the feature, review risk disclosures, and transfer USDC into Morpho vaults. This marks Coinbase’s first large-scale DeFi integration, positioning it to compete with banks and fintech firms, potentially boosting USDC liquidity. Traders should weigh higher yields against protocol and regulatory risks as stablecoin regulation evolves.
On September 19, on-chain analytics from Onchain Lens revealed a Bitcoin whale deposited $4 million USDC into HyperLiquid. The Bitcoin whale aimed to avert liquidation of its 20× BTC short position. Over the past 15 days, the same wallet has injected roughly $15 million USDC to meet margin calls. The position now shows an unrealized loss of $12.45 million, while cumulative funding rates have generated about $6.247 million in net funding profit. This event highlights the interplay of high-leverage trading, margin calls and funding rates in perpetual swap markets. Traders should monitor HyperLiquid funding rates and whale margin moves for insights into risk management and market sentiment.
KuCoin Pay has partnered with Swiss fintech DFX.swiss to roll out stablecoin and crypto payments at over 100 SPAR supermarkets in Switzerland. Using DFX.swiss’s OpenCryptoQR system, customers scan a QR code in the KuCoin app to pay in USDC and other cryptocurrencies with no gas fees, while merchants enjoy instant fiat settlements and lower transaction fees than traditional cards. The non-custodial model ensures users maintain control of their funds. Fully compliant with Swiss regulations and benefiting from a favorable tax environment, this rollout builds on KuCoin Pay’s earlier crypto payments infrastructure and aligns with its global strategy to integrate digital assets into retail, travel, e-commerce, gaming, and gift cards, enhancing real-world utility for blockchain payments.
Ripple, DBS Digital Exchange (DDEx) and Franklin Templeton have signed a memorandum of understanding to list RLUSD, Ripple’s regulated stablecoin, and sgBENJI, Franklin Templeton’s tokenized money market fund, on the XRP Ledger. Accredited investors will gain 24/7 access to swap RLUSD and sgBENJI on DDEx with low fees and minute-speed settlement on the XRP Ledger. In the second phase, DBS plans to enable repo-style lending by accepting sgBENJI as collateral, boosting capital efficiency. DBS Digital Exchange CEO Lim Wee Kian said there is strong demand for borderless, always-on digital asset solutions. Franklin Templeton’s Roger Bayston highlighted blockchain’s power to reshape global finance, while Ripple’s Nigel Khakoo called the move a game-changer for on-chain repo markets. This partnership marks a major advance in institutional tokenization and on-chain liquidity solutions.
Dogecoin price has traded in a tightening range after defending successive support levels at $0.20 and $0.25. The coin recently climbed above its 21-day and 50-day moving averages but remains capped below the $0.30 resistance. A decisive break above $0.30 could fuel a rally toward $0.367, while a failure to sustain support at $0.25 may push prices back toward $0.21–$0.18. Technical indicators, including doji patterns and moving averages alignment, suggest consolidation with a bullish bias. Traders should watch for a breakout or breakdown from this range to confirm the next trend direction.
Neutral
DogecoinPrice AnalysisSupport and ResistanceMoving AveragesBreakout
Ethereum co-founder Vitalik Buterin has defended the network’s 45-day staking exit queue as a critical security measure after Galaxy Digital’s DeFi head Michael Marcantonio compared it unfavorably to Solana’s two-day unstaking process. Buterin argued that built-in withdrawal friction prevents mass exits and strengthens validator cohesion. Currently, 2.5 million ETH is queued for exit (≈43-day wait) and 442 541 ETH awaits activation (≈7.5-day delay), while over 1 million validators secure 35.6 million ETH (≈30% of supply). Although he admitted the exit queue design isn’t optimal, he cautioned that reducing the delay too drastically could undermine network reliability and node trust. The community reaction ranged from accusations of FUD against Galaxy Digital to calls for open debate. Meanwhile, Galaxy Digital’s $1.5 billion tokenized stake in Solana highlights growing demand for faster liquidity. This debate underscores Ethereum’s balance between long-term security and short-term liquidity, offering traders insight into staking risks and network stability.
Solmate has raised $300 million in an oversubscribed PIPE to transform Nasdaq-listed Brera Holdings into a dedicated Solana treasury and staking infrastructure operator in Abu Dhabi. Backed by ARK Invest, UAE’s Pulsar Group, RockawayX and the Solana Foundation, the deal appoints crypto legal veteran Marco Santori as CEO, with economist Arthur Laffer and RockawayX’s Viktor Fischer joining the board. Solmate plans to deploy bare-metal validator servers in Abu Dhabi and pursue a dual listing on a UAE exchange alongside Nasdaq. A letter of intent with the Solana Foundation secures discounted SOL access, reinforcing its Solana treasury strategy. Following the announcement, Brera Holdings shares surged 412%, reflecting strong investor confidence. The Solana treasury model aims to accumulate SOL through all market cycles and generate a 7.7% staking yield, tapping into rising institutional demand as 15.83 million SOL is already held by 16 entities and 9.35 million SOL actively staked.
Layer Brett has quickly emerged as one of the best crypto to buy now after raising $3.7M in its Ethereum Layer 2 presale at $0.0058 per token. The memecoin delivers fast transactions and low gas fees. Early backers can stake tokens in the project’s dApp for around 690% staking APY. Rewards compound daily. The roadmap adds gamified staking, NFT integration and a $1M giveaway. XRP fundamentals also strengthen: whale sell pressure has fallen 93%, institutional holdings top $500M and a private credit platform launched on the XRP Ledger. Analysts forecast XRP could rally to $4 if current resistance is cleared. By comparison, Cardano’s ADA hovers near $0.85 support after a 9% drop this month. Despite its energy-efficient smart contracts, ADA’s mature market cap may limit upside. Traders seeking the best crypto to buy now may target Layer Brett for its explosive potential and high staking APY, while conservative investors might favor XRP’s bullish outlook toward $4.
Bullish
Layer BrettEthereum Layer 2staking APYXRP RallyCardano ADA
The US Securities and Exchange Commission has approved the listing of the Grayscale GDLC ETF on NYSE Arca, converting its Digital Large Cap Fund into a regulated multi-asset crypto ETP. The fund, with $915 million in assets and a $57.70 NAV per share, allocates 72% to Bitcoin, 17% to Ether, 5.6% to XRP, 4% to Solana and 1% to Cardano, reflecting reduced BTC weighting to boost altcoin exposure. Under the SEC’s Generic Listing Standards, Grayscale GDLC ETF benefits from streamlined future launches, and Grayscale is also pursuing spot ETFs for LINK, AVAX and ADA. Concurrently, the SEC authorised p.m.-settled options on the Cboe Bitcoin U.S. ETF Index and Mini-Index, expanding derivative tools for hedging and yield strategies. Traders can expect enhanced liquidity, broader market access and clearer compliance pathways; monitoring fund flows and option open interest may offer insights into market sentiment.
Dogecoin (DOGE) has corrected to around $0.383 after peaking at $0.43, prompting whales to diversify into new meme tokens. The STARS presale at $0.0016782 per token runs until December 20 and has raised over $18 million. The STARS presale features MemeVault, the first multi-token staking aggregator for meme coins, offering a 376% APY and forecasts of 11× gains on listing and up to 93× growth by January 2025. Meanwhile, Bitcoin Hyper (HYPER) is drawing whale attention with a $0.0002 presale price and an AI-, DeFi- and staking-powered ecosystem led by the Hyper Army community. With Bitcoin (BTC) nearing $100,000 and Litecoin-Dogecoin merged mining boosting miner yields but adding DOGE sell pressure, traders are eyeing STARS presale and HYPER for early entry ahead of the next bull run.
MoneyGram has launched a USDC stablecoin app on the Stellar blockchain, starting a pilot in Colombia to speed up cross-border remittances. The mobile tool, built with Crossmint integration, holds customer balances in Circle’s USDC, allowing transfers to settle in minutes instead of days. Focusing on fiat-to-stablecoin remittances rather than full crypto wallets, the service aims to reduce fees and increase financial access for unbanked users. This model echoes Ripple’s institutional payments strategy but targets consumer simplicity. Traders should monitor rising USDC transaction volumes and potential competition among stablecoin solutions, though the limited asset range suggests a neutral short-term price impact on USDC.
The U.S. Securities and Exchange Commission has approved standardized listing rules on Cboe BZX, Nasdaq and NYSE Arca, enabling exchanges to fast-track crypto ETP reviews and listings under uniform criteria. The new framework standardizes disclosure requirements, streamlines applications and shortens approval timelines for commodity-based trust shares, including those holding digital assets. This paves the way for spot Bitcoin and Ethereum ETP launches to hit the market more quickly, boosting liquidity and opening regulated access for institutional and retail investors. The move reflects rising demand for compliant crypto investment vehicles and signals a more defined SEC approach to digital asset oversight, marking a major step in the maturation and mainstream acceptance of crypto ETPs.
Wormhole has overhauled its W tokenomics to boost long-term sustainability. The updated W tokenomics include a strategic reserve funded by on-chain and off-chain revenue, a 4% base staking yield, and a shift from annual unlock cliffs to predictable bi-weekly token releases. Staking rewards and yields will come solely from the protocol’s capped 10 billion W supply and revenue—no new W tokens will be minted. Governance power is tied to staked W. Currently, $45 million worth of W is staked, and co-founder Dan Reecer holds 25.1% of voting power with $30.5 million staked. Since April’s launch at $1.66, W fell to $0.54 but rallied over 15% to $0.10 intraday after the reforms. Wormhole aims to drive cross-chain asset transfers, locking more W as adoption grows. Key competitors include LINK, LayerZero, and AXL.
The Coinbase data breach affected 69,461 users after TaskUs support staff in India colluded with cybercriminals.
Between September 2024 and January 2025, insiders exfiltrated up to 200 customer records daily, photographing names, addresses, bank details and transaction logs. They sold each screenshot for $200.
In total, the leak compromised sensitive data on over 69,000 users, with estimated losses of $400 million. Coinbase data breach fallout prompted the exchange to sever ties with TaskUs, reimburse victims and offer complimentary credit monitoring for one year. The platform also launched a $20 million bounty for leads to the hackers.
TaskUs responded by firing 226 staff and halting its HR investigation amid Blackstone’s $1.6 billion acquisition. A revised class-action lawsuit in the US District Court for the Southern District of New York accuses TaskUs of systemic oversight failures, delayed disclosure and internal suppression of probes. The breach underscores the growing security risks of crypto outsourcing and may spur heightened regulatory scrutiny and market volatility.
Fresh on-chain data shows FalconX has withdrawn a total of 531,265 SOL (roughly $126.8M) from major exchanges—Binance, OKX, Coinbase and Bybit. These SOL withdrawals reflect strong institutional accumulation, with 413,075 SOL (~$98.4M) moved off-exchange initially and a further 118,190 SOL (~$28.4M) in the latest shift. Institutional accumulation reduces sell pressure and tightens on-exchange supply. SOL price trades near $246.69, up 3% in the last session and above both the 50-day and 100-day SMAs. Bulls aim to clear the $270 resistance zone to retest all-time highs around $300–$320. The recent 25 bps Fed rate cut has improved risk appetite, while Solana’s on-chain activity in DeFi, NFTs and real-world use cases underpins its fundamentals. Traders should monitor a breakout above $270 for bullish momentum or a pullback to the $200–$210 range if momentum fades.
On September 17, a group of crypto supporters staged a political stunt at the National Mall near the U.S. Capitol, installing a 12-foot gold foam statue of Donald Trump holding a Bitcoin token. The event, livestreamed by Pump.fun, coincided with the launch of a new meme coin designed to spark debate over fiat currency versus Bitcoin and DeFi. Clippings on X showed the statue’s assembly in Union Square. Organizer Hichem Zaghdoudi said the tribute honors Trump’s pro-crypto agenda and promotes mainstream Bitcoin adoption. The stunt highlights growing intersections between politics and blockchain innovation. At the same time, industry players such as Coinbase and Ripple are lobbying the Trump administration and UK officials for clearer crypto rules. Trump’s campaign and its World Liberty Financial PAC, backed by the Winklevoss twins, aim to solidify the U.S. as a global crypto capital. While critics warn of conflicts of interest amid possible regulatory rollback, many investors remain bullish on Bitcoin’s market prospects under Trump.