Crypto morning brief · Tue, Sep 29 $BTC $84,323 (+1.2%) ETH $2,731 (+1.8%) SOL $120.11 (+0.6%) Top mover: AAVE $171.61 (+15.1%) Today's 5 biggest stories:
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JUST IN: Blockchain.com is targeting a $500M IPO at a valuation of up to $6 billion. The company filed confidentially with the SEC earlier this year and is reportedly telling investors it wants to list this year.
BREAKING: $BTC has slipped below $83,000, wiping out 129,197 traders. Roughly $500M in leveraged crypto bets were liquidated in a single day, with pressure coming from oil, bonds and a rare gold rout.
JUST IN: BlockTower's Ari Paul alleges Coinbase lost $25M of the fund's assets and covered up the security incident. Coinbase has not confirmed the claim.
JUST IN: The CFTC has approved Coinbase's own clearinghouse, but only for fully collateralized contracts. The registration completes Coinbase's US derivatives lineup of exchange, broker and clearinghouse, with margined products still relying on outside partners.
JUST IN: A new US Senate report says Tether's $USDT sits at the center of Iran's shadow banking system. Tether says it has helped freeze nearly $550M in Iran-linked USDT.
SEC Commissioner Hester Peirce, one of crypto's most vocal advocates at the agency, is wrapping up her final week after nearly a decade, saying "there's no good time to leave." Bullish or bearish?
Permalink →JUST IN: Bitget has revealed the attack path behind its $387.5M breach, with CEO Gracy Chen saying attackers stole internal credentials through a third-party flaw. $BTC withdrawals have resumed.
Crypto morning brief · Mon, Sep 28 $BTC $83,478 (-1.7%) ETH $2,687 (-0.7%) SOL $119.81 (-2.6%) Top mover: QNT $240.76 (+47.9%) Today's 5 biggest stories:
JUST IN: Citi is partnering with Coinbase to bring stablecoin payments to its institutional clients. The tie-up targets faster cross-border settlement for traditional finance.
JUST IN: Senator Lummis says the CLARITY Act has failed in the Senate, pointing to partisan politics and opposition from Trump. The bill was the crypto industry's main push for market structure rules.
JUST IN: California Governor Gavin Newsom has signed a law banning public officials from issuing memecoins. It also restricts crypto companies from offering certain memecoins tied to public officials to California residents, applying to tokens issued from Jan. 1, 2027.
JUST IN: US spot $BTC ETFs took in $2.4B last week, flipping year-to-date flows positive. ETH ETFs added nearly $700M over the same stretch.
Solana ETFs just posted their biggest inflow week since launching late last year, with institutional demand picking up. $SOL bullish or bearish?
Permalink →JUST IN: THORChain is refusing Bitget's demand to block addresses tied to the $387M hack. One flagged address completed an $XRP-to-BTC swap after the request, while OKX's Star Xu publicly challenged THORChain's position.
Crypto morning brief · Sun, Sep 27 $BTC $84,888 (+1.2%) ETH $2,708 (+0.9%) SOL $122.96 (+2.1%) Top mover: QNT $162.04 (+55.8%) Today's 5 biggest stories:
JUST IN: $QNT is up roughly 75% today, extending a 180% weekly rally after a major banking deal. Altcoins broadly higher while BTC stalls near $84,000.
JUST IN: Bitget raises its hack estimate to roughly $387.5M, up from $351.6M in assets moved to attacker-controlled addresses. The exchange says the vulnerability has been identified and fixed, and has set a plan to restart withdrawals.
JUST IN: KelpDAO's parent company has filed a civil claim against LayerZero and co-founder Bryan Pellegrino over April's bridge exploit. The hack drained 116,500 rsETH, worth roughly $292M at the time.
$ZEC +6.5% in the last hour, now $1,682 (+9.9% on the day)
JUST IN: Bitcoin ETFs took in $2.4B last week, their largest weekly inflow since October. 2026 net flows are now positive after sitting roughly $5.8B in the red two months ago.
CleanSpark closed a $2.276B senior secured notes financing, with proceeds going toward data-center expansion and refinancing existing credit facilities. $CLSK BTC Bullish or bearish?
Permalink →JUST IN: Kalshi loses its appeal as the 6th Circuit sides with Ohio and Tennessee, ruling states can apply their gambling laws to its sports event contracts. Kalshi must lock out users in those states, setting up a potential Supreme Court case.
Crypto morning brief · Sat, Sep 26 $BTC $83,902 (-0.2%) ETH $2,683 (-0.6%) SOL $120.31 (+0.5%) Top mover: BTW $0.9306 (-20.8%) Today's 5 biggest stories:
JUST IN: SEC staff say token buybacks on working networks are okay, with a warning for unfinished ones. New FAQs also state some liquid staking tokens can count as digital commodities, and funding upgrades to a working network doesn't make a token a security.
BREAKING: Bitget says North Korean hackers are behind the $388M theft from the exchange. Withdrawals remain paused, with the CEO saying user funds are safe and a bounty offered for the stolen crypto.
JUST IN: SEC Commissioner Hester Peirce, known as "Crypto Mom," has submitted her resignation and will depart the agency effective October 2.
JUST IN: A flaw in Limit Break's Payment Processor V2 left old Magic Eden Ethereum NFT listings exposed, with white hats rescuing 23,155 NFTs worth over $5.7M. Holders are urged to revoke approvals on the vulnerable contracts.
US crypto ETFs pulled in about $3.04B this week, with nearly $800M going into non-Bitcoin products across $ETH, SOL, XRP and ZEC funds alongside BTC. Bullish or bearish?
Permalink →Crypto morning brief · Fri, Sep 25 $BTC $84,121 (+0.5%) ETH $2,700 (+1.5%) SOL $119.63 (+4.6%) Top mover: SUI $1.13 (+15.8%) Today's 5 biggest stories:
JUST IN: CoinMarketCap has acquired derivatives data platform CoinGlass. CoinGlass keeps its brand and team, with its website, app, free tools, API and pricing unchanged.
JUST IN: Kelp DAO is suing LayerZero and co-founder Bryan Pellegrino over the $292M rsETH bridge exploit from April. Kelp blames them for the incident.
BREAKING: The Federal Reserve has proposed rules to implement the GENIUS Act, requiring supervised stablecoin issuers to fully back tokens with safe assets and meet capital requirements, a two-day redemption window and new reserve disclosures. Both proposals are open for comment.
JUST IN: Bitget is suspected of being hacked after roughly $180M moved from its wallets. Around $19.7M in $USDT was swapped for ETH in under six minutes. 🚨
The Fed just proposed reserve, capital and application rules for supervised stablecoin issuers, putting the GENIUS Act framework into motion. Bullish or bearish? 🏦
Permalink →JUST IN: Cathie Wood's ARK Invest is bringing its $1.3B ARK Venture Fund onchain via Securitize on Ethereum. The fund holds stakes in OpenAI, Anthropic and Stripe, with US retail able to subscribe from a $500 minimum. 📈
JUST IN: Crypto casino Duelbits has gone offline after a $7M hot wallet hack. Attackers drained wallets across four blockchains, with around $6M of the stolen funds now sitting in a single Ethereum address. 🚨
JUST IN: New York is suing Polymarket, alleging it operates an illegal gambling business. The action follows a similar lawsuit filed against Kalshi in July. ⚖️
JUST IN: Ronald Spektor, the Coinbase support impersonator who drained nearly $16M from around 100 users, has been sentenced to four to 12 years in prison. He pleaded guilty to all 31 counts. ⚖️
JUST IN: BlackRock is teaming up with Ondo Finance to tokenize its investment strategies for non-US investors. The two are building tokenized "Intelligent Portfolios," with $ONDO also pitching OUSG for Sky's $1B tokenization initiative. 📈
JUST IN: $ZEC briefly topped $1,600 as 21Shares listed a Zcash ETP in Paris and Amsterdam. 🚀
JUST IN: Traders are now pricing in four Fed rate hikes by June 2027 as $BTC slides below $83,000. Rising bond yields and a stronger dollar are weighing on bitcoin and gold. 📉
Permalink →JUST IN: Over $100B has been wiped from the crypto market in less than three days. $BTC slipped below $84,000 after topping $87,000, as the US 30-year Treasury yield hit its highest level since 2004. 📉
JUST IN: The Trump administration is weighing a push to expand US dollar stablecoins overseas, per Bloomberg. Treasury, State and the DFC could join public-private ventures aimed at boosting the dollar and demand for US debt. 🇺🇸
Ask me anything crypto 👇 Tag @lypp with your question and get a live, sourced answer in under 2 minutes. Try it: "@lypp why is $BTC moving today?"
Permalink →JUST IN: The SEC has issued a five-year conditional exemption letting tokenized NMS stocks trade onchain on permissioned automated market makers. The CFTC also widened its software relief. 📈
Permalink →Grayscale Dogecoin ETF Could Launch as Soon as Next Week
Crypto liquidations surge past $800M with notable market cap decline
Permalink →FIRO Breaks Out: Opportunity or Hidden Risk?
XRP Price Continues Lower as Sellers Tighten Grip on Intraday Structure
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