Crypto

Crypto coverage across every StreamSage desk, filed under Crypto: Bitcoin, Ethereum, Altcoins, Stablecoins, DeFi, Exchanges, Networks, Tokenization Page 5.

• TD Cowen sees low demand for tokenized stocks under new SEC rules

  The bank cites thin liquidity and issuer reluctance, noting 99.9% of Figure's volume stayed on traditional shares.

• Bitcoin hits $86,000 as $750 million in shorts liquidate

  Bitcoin reached an eight-month high after breaking $82,000, triggering $750 million in liquidations and $2 billion in new leverage.

• Russia central bank says crypto industry could be legal by year-end

  Deputy Governor Vladimir Chistyukhin said regulations were moving ahead as scheduled, per Interfax reporting on Monday.

• Coinbase Offers IPO Allocations to US Retail Customers

  The exchange will allow eligible US users to request shares at the IPO offer price, starting with Oura's debut this week.

• ECB Begins Tokenized Settlement in Central-Bank Money

  The Pontes project links blockchain markets with euro payment systems, with a longer-term Appia blueprint due in 2028.

• Senate rejects Clarity Act, leaving crypto policy to agencies

  A 49-50 cloture vote fails to advance the bill, shifting regulation to the SEC and CFTC while UAE hubs attract more virtual-asset businesses.

• Strategy Buys $75.7M Bitcoin, Repurchases $174M in STRC Prefs

  Strategy used cash to fund both the bitcoin acquisition and the buyback of STRC perpetual preferred shares, according to a Monday filing.

• Circle USDC borrowing hits $14.3M on Arc, backed by 287 cirBTC

  Circle opened bitcoin-backed USDC borrowing on Arc, routing $14.3M through Morpho while Galaxy and Keyrock supply the liquidity.

• OCC Sets $10M Capital Floor for Catena Trust Bank

  The Sept. 18 order caps the bank's scope to trust operations and ties its stablecoin activities to the GENIUS Act.

• One Wallet Linked $1.55M FetchAI Theft to 408.5M NTX Mint

  Athena's forensic report traced a dormant NuNet minter key to the same wallet that drained Fetch.ai's bridge, exposing a credential gap that persisted for five hours.

• Bitcoin Rally Pushes Strategy Holdings Above Acquisition Cost

  A surge above $85,000 has lifted Strategy's treasury past its $63.8 billion cost basis, reversing the $8.32 billion loss reported in June.

• Balancer's $1.39M Recovery Lacks Claim Data

  Balancer's proposal to split 296.401711 ETH among 120 pools has no vote, no claim window, and no per-address figures as of September 20.

• X Sues Two Bitcoin Influencers Over Bot Army That Milked Creator Payouts

  X has sued two men in London’s High Court, alleging a coordinated bot network siphoned £207,384 ($278,000) from its Creator Revenue Sharing program.

• Coinbase CEO blamed as Clarity Act fails in Senate

  Executives and lawmakers exchanged blame after the digital assets bill failed to clear the Senate earlier this month, according to a Wall Street Journal report.

• Saudi exit from mBridge follows 800 percent volume jump

  Saudi Arabia left China’s mBridge network in 2025 after transaction volume reached $55.49 billion, according to an Atlantic Council report.

• Charles Hoskinson says Cardano no longer comes first – its treasury vote explains why

  The Constitutional Committee approved the Pogun treasury request with seven yes votes, a 100% tally recorded in the governance summary.

• ZetaChain Ends L1 to Ship AI App on Solana

  ZetaChain voted to shut down its blockchain and migrate ZETA to Solana, citing security costs and a growing AI product.

• Crypto platform Gemini’s stock is down 80% from its IPO. That’s reviving takeover speculation

  CoinDesk reports Gemini’s market value has fallen to approximately $753 million.

• Altcoins Have Been Bleeding While Bitcoin Compounds

  Glassnode and Bybit data shows a two-year divergence where mid-caps lose value while Bitcoin gains, driven by leverage and ETF inflows.

• Coinbase Chief Blames Bank Campaign for Clarity Act Vote Failure

  Faryar Shirzad cites a $200 million banking effort and late-cycle timing as key factors in the cloture defeat.