Category: crypto

The cryptocurrency market is bouncing back after a volatile week that saw a decrease in total market cap. Bitcoin and Ethereum are up, with other altcoins also rallying. Analysts believe the bull cycle is still ongoing, with the market turning from caution to confidence. On-chain data suggests more room for growth.

In September 2025, monthly trading volume on Perp DEXs exceeded $1 trillion for the first time in history, driven by protocols like Aster and Hyperliquid. Aster emerged as a dominant player, surpassing Hyperliquid in just a few months. The rise in perp trading volume is attributed to new features and incentives offered by DEX platforms.

In September 2025, the crypto market lost over $127 million to hacks and scams, with around 20 major incidents reported, including smart-contract exploits and phishing attacks. The largest breaches targeted UXLINK and SwissBorg, contributing to the significant losses. This highlights the ongoing security risks in the crypto industry.

Starlynk, Changer.ae, and Quantoz Payments have partnered to launch cross-border stablecoin payment corridors, with Shanghai Tang as the first retailer to accept EURQ and USDQ. New corridors will span Europe, Asia, and the UAE for retail and corporate clients, enhancing liquidity and circulation of MiCA-compliant stablecoins.

Alchemy Pay has secured access to the EU market through an exclusive partnership with MiCA-licensed ZBX Group, allowing for compliant fiat-crypto ramps in Europe. The deal provides regulatory clarity for operations in the region, following Alchemy Pay’s recent expansion in Hong Kong. The partnership may also lead to formal equity participation and joint governance.

S&P 500 reached a new high above 6,700 as investors ignored U.S. government shutdown concerns. Dow Jones and Nasdaq also rose, driven by AI-related trades. Bitcoin surged to over $119,000, buoyed by positive market sentiment. Analysts are optimistic about Bitcoin’s future price, expecting a bullish trend in the fourth quarter.

Metaplanet has acquired 5,268 BTC worth $615.7 million at an average price of $116,870 per coin, bringing their total holdings to 30,823 BTC acquired at a cost of $3.33 billion. They are now the fourth-largest corporate Bitcoin holder globally and the largest in Asia. The company has expanded its business with subsidiaries in the U.S.…

Polychain CEO Olaf Carlson-Wee highlighted differences in how retail and institutional investors view meme coins, with institutions seeing them as speculative tools and retail investors valuing their social and viral aspects. He proposed tokenizing social media posts to monetize viral content and transform social media platforms using blockchain technology.

ZKsync has integrated ADI Chain, the first blockchain built with its Airbender technology, into its Elastic Network. ADI Chain will host the upcoming UAE dirham-backed stablecoin initiative and aims to bring 1 billion people into the digital economy by 2030. The testnet went live on August 21, with the mainnet expected soon.

Tether is partnering with video streaming platform Rumble to promote its new USAT stablecoin in the U.S. market. Rumble’s 51 million users will have access to a crypto wallet featuring USAT and other tokens. This move is part of Tether’s strategy to re-enter and compete in the U.S. stablecoin market.