The Turkish government is preparing new policies to expand state control over bank accounts, crypto wallets, and mobile banking platforms. The move is part of the country’s broader crackdown on financial crime. According to reports by Bloomberg, the bill would give MASAK (Turkey’s financial crimes watchdog) power to freeze or restrict bank and crypto accounts linked to illicit activity. It would also grant authorities the power to suspend mobile payment services, blacklist certain crypto addresses, and impose stricter oversight of “rented accounts” used for illicit activities.  Investor Takeaway Turkey to empower financial crimes watchdog, MASAK, with new authority to freeze bank and crypto accounts tied to illicit activity. New Laws Could Change How Turks Spend Crypto and Fiat  The new regulatory proposal in Turkey is being designed to meet the standards of the Financial Action Task Force (FATF). It will be included in the 11th bill to be submitted to parliament. If the bill passes, the Financial Crimes Investigation Board would be able to add accounts and wallet addresses involved in crimes to a blacklist, blocking transactions. The draft also demands stricter compliance requirements on exchanges. Platforms will need to collect enhanced sender and recipient data, delay withdrawals when identity checks are questioned, and enforce transfer caps on stablecoins — unless they fully comply with data-sharing mandates. For the average Turkish crypto user, this means longer wait times, stricter KYC demands, and less privacy. On paper, this is a good security measure for Turkish residents, as they are better protected from malicious actors. Plus,  exchanges, custody providers, and wallet services will know the boundaries in which they can legally operate. However, its success will change how they spend money. Even though trading and holding crypto are still legal in Turkey (despite the ban on payment usage), the enhanced surveillance and freezing powers make moving from crypto to fiat more challenging, especially from a compliance standpoint.  More residents, especially crypto users, may opt for peer-to-peer (P2P) exchanges or offshore platforms to evade the strict regulatory oversight. Additionally, heavy demands lie on exchanges, and a potential increase in compliance costs may deter crypto startups, especially smaller ones, from operating in Turkey. Investor Takeaway Turkey’s proposed FATF-aligned bill could reshape how citizens use both crypto and fiat, tightening KYC rules and restricting transfers. Government Policies and The Decentralization Paradox  Governments creating new and strict policies isn’t new. Turkey’s proposals reflect FATF pressure for freezing powers and oversight. However, bills like this are a paradox because they antagonize the decentralization and permissionless access that crypto promises.  For Turkish residents, the new bill would create a system where they can’t transact freely without intermediaries controlling or blocking their activities if deemed illicit. Moreover, freezing powers over crypto addresses — especially via exchanges or custodial apps — could render “decentralized” assets and platforms subject to state action.  The big question is: how truly decentralized is a system when a government can blacklist or freeze addresses connected (even indirectly) to regulated services? Ultimately, as regulators tighten their grip globally, the crypto industry must reconcile idealism with real-world government power.

Exness, one of the world’s largest retail brokers, received major industry recognition at the Smart Vision Summit (SVS) Bahrain, winning the awards for  Most Trusted Multi-Asset Broker in MENA and Best Trading Conditions. The recognition highlights the broker’s ongoing focus on transparency, advanced trading technology, and consistent delivery of conditions that support traders worldwide. Held at the Crowne Plaza from 24 to 25 September 2025,  the SmartVision Summit is a premier event dedicated to the world of investment and financial markets. The summit gathered industry professionals, financial experts, and traders from across the MENA region to explore the latest trends, technologies, and opportunities shaping the future of finance. As a key participant, Exness contributed significantly to the summit’s discourse. Wael Makarem, Financial Markets Strategists Lead at Exness, shared his expertise in two key panel discussions: “AI in Market Sentiments and News Analysis” and “AI Powered Forex Trading – Tools and Strategies,” sharing insights into how artificial intelligence is transforming market behavior and trading approaches. In addition, the company hosted two educational seminars led by Sami Al Adraf, “Partnership at Exness,” which highlighted the opportunities for collaboration with the leading broker, while Suha Munassar presented a session on “Trading Conditions at Exness,” offering traders a closer look at the broker’s market-leading features. Mohammad Amer, Exness Regional Commercial Director, expressed, “We are deeply honored to receive these two awards at such a respected event in Bahrain. Being recognized as the most trusted multi-asset broker with the best trading conditions in the MENA region is a direct reflection of our team’s hard work and our client-first philosophy.” Founded in 2008, Exness is a global multi-asset broker on a mission to reshape the online trading industry. Since its inception, the company’s goal has been to create the ultimate trading experience through large-scale investment in technology and infrastructure. Their fresh approach resonates with traders worldwide, growing Exness into one of the most prominent retail brokers in the sector. With a strong balance sheet, Exness now brings its deep liquidity offering to brokers and other financial institutions. This content is an opinion of the author and does not reflect the viewpoint of FinanceFeeds or its editorial staff. It has not been independently verified and FinanceFeeds does not bear any responsibility for any information or description of services that it may contain. Information contained in this post is not advice nor a recommendation and thus should not be treated as such. We strongly recommend that you seek independent financial advice from a qualified and regulated professional, before participating or investing in any financial activities or services. Please also read and review our full disclaimer.

Capital markets software leader Murex has entered a multi-year strategic collaboration agreement with Amazon Web Services (AWS), expanding a long-standing partnership to deliver the MX.3 platform as a suite of cloud-powered managed services. The deal formalizes months of intensive joint engineering and will see Murex scale its MXSaaS offering and its XVA as a Service solution on AWS, giving banks and asset managers faster deployment cycles, elastic risk analytics, and a hardened operational backbone that aligns to evolving regulatory requirements.Under the agreement, Murex will broaden MX.3’s delivery model beyond traditional on-premise and hosted deployments, packaging core trading, risk, and processing capabilities as turnkey services directly on AWS. Financial institutions gain access to the platform’s cross-asset functional coverage while benefiting from native cloud controls, observability, and automation. The companies said the collaboration compresses time-to-value for new implementations and smooths the cadence of frequent upgrades—an area where many firms have historically faced multi-month program timelines.“Financial institutions face mounting pressure from macroeconomic volatility, regulatory demands and cybersecurity concerns,” said Elias Eddé, CEO of Murex. “Running mission-critical trading and risk management platforms requires significant infrastructure investment and specialized resources to continuously maintain operational resilience and performance. Jointly with AWS, Murex delivers them as a service today powered by AWS, in a further extension of capabilities that Murex has developed over a long time with AWS.” From Platform to Service: MX.3 at Cloud Scale The collaboration elevates MX.3 into a fully managed, cloud-operated service where deployment, scaling, patching, and upgrade choreography are handled by Murex and AWS’s shared operating model. For front-to-back capital markets workflows—pricing, market and credit risk, collateral and margin, confirmations and settlements—the managed services approach aims to reduce operational complexity while preserving the granular controls large institutions require for compliance and auditability. Murex’s MXSaaS footprint is expanding rapidly. Since the agreement was signed in June, the firm has added four new customers to the service, signaling growing preference for outcome-based operating models over bespoke infrastructure programs. The managed services layer includes technical process automation, performance monitoring, and proactive incident management, enabling runtime trend identification and early warning on capacity bottlenecks—key for intraday risk and end-of-day processing peaks. On the analytics side, XVA as a Service now leverages AWS’s elastic compute to scale sophisticated exposure, funding, and capital valuation adjustments on-demand. This elasticity is particularly useful for stress runs and backtesting that would otherwise require costly permanent hardware headroom. By aligning computing supply with peak demand windows, firms can compress batch durations, improve SLAs to trading desks and treasury, and reallocate engineering resources to higher-value model innovation. Security, Compliance, and Operational Excellence by Design As institutions modernize architecture, security and regulatory alignment remain decisive factors. The companies positioned the agreement as a way to combine AWS’s proven cloud security primitives—identity and access management, network isolation, encryption at rest and in transit—with Murex’s domain-specific controls for model governance, data lineage, and environment segregation across development, testing, and production. “Financial institutions across banking, capital markets, and asset management are increasingly seeking cloud-based solutions that can reduce operational complexity while providing access to innovation,” said Charlie Sanderson, Director, EMEA Technology Partners at AWS. “This collaboration combines AWS’s proven infrastructure with Murex’s capital markets solutions to help customers increase agility and time-to-market, while maintaining the highest levels of security, compliance, and efficiency.” The service model also targets the realities of today’s regulatory cadence. Frequent rule updates and supervisory expectations around resilience, model risk management, and reporting place pressure on upgrade cycles. By industrializing updates through a managed pipeline—complete with environment blue/green patterns, rollback plans, and templated validation—Murex aims to reduce the business disruption often associated with major version lifts and regulatory change projects. FinOps, DevOps, and the Talent Model for Scale To underpin the operating shift, Murex is investing in scaled FinOps and DevOps capabilities, marrying cost observability and capacity planning with continuous delivery practices. That includes expanding the global team supporting MXSaaS, plus tooling for workload right-sizing, autoscaling policies, and telemetry that links compute usage to business value (e.g., per-desk or per-portfolio analytics cost). For clients, this means clearer transparency into unit economics and the ability to align spend with consumption, especially salient in periods of market stress when compute demands spike. It also unlocks capacity to experiment—spinning up ephemeral environments for model prototyping or regulatory dry runs without long procurement lead times. Murex and AWS expect these operating disciplines to accelerate customer onboarding and reduce the risk of large, multi-year transformation efforts stalling under technical debt. With a reference architecture and predefined service catalogs, new entities in a bank group or new trading books can be added with fewer bespoke steps, supporting both organic growth and post-merger integration scenarios. Market Context: Managed Services Move Center Stage Across capital markets, software vendors and infrastructure providers are converging on managed service delivery as institutions seek resilience and agility without escalating fixed costs. Firms balancing T+1 settlement, market structure changes, and evolving model governance expectations are favoring platforms that shorten implementation time and externalize undifferentiated heavy lifting. Murex’s move with AWS reflects that shift. By aligning MX.3’s deep cross-asset functionality with cloud-native elasticity and an operating model tuned for continuous change, the companies aim to deliver a faster path from business requirement to production value—while reinforcing controls expected for mission-critical systems. Ultimately, success will hinge on execution at scale: predictable SLAs for intraday and batch workloads, demonstrable cost governance, and the ability to sustain frequent updates without disruption. The early momentum in MXSaaS onboarding, coupled with the elastic promise of XVA as a Service, suggests market appetite for that blueprint is growing. Takeaway By deepening its AWS collaboration, Murex is shifting MX.3 from a powerful platform to a cloud-operated service with elastic risk analytics, engineered resilience, and faster upgrade velocity. For banks and asset managers navigating volatility, regulation, and cost pressure, the managed services model offers a pragmatic route to modernize front-to-back trading and risk without rebuilding infrastructure from scratch.

When Bitcoin was first launched in 2009, it was designed to be a digital type of money that anyone could use without going through a bank. With time, it became popular as a store of value and not just a currency. The popularity came with a significant challenge, as Bitcoin’s network could only process a limited number of transactions per second. This issue resulted in slow transaction times and high fees. Therefore, if Bitcoin is going to function as traditional money for the world, it needs a way to handle millions of transactions instantly and cheaply.  The Lightning Network, also known as a Layer 2 solution, comes into play here. This system is built on top of Bitcoin, enabling people to send and receive money fast, without clogging the major Bitcoin blockchain. After reading this post, you’ll understand what the Lightning Network is, its current progress, and whether it’s affordable and fast enough for mass adoption. Key Takeaways The Bitcoin Lightning Network was created to solve the long-standing problems of high fees and slow transactions. It allows users to send Bitcoin fast at very low cost, making it practical for everyday payments. The network is moving closer to the point where mass adoption will occur, and it will be a core part of Bitcoin’s future.  The Bitcoin Lightning network faces challenges like security risks, technical complexity, reliability concerns, and liquidity issues. What is the Bitcoin Lightning Network? This system refers to a technology that operates on the regular Bitcoin system. It was designed to solve one of Bitcoin’s biggest challenges, which is processing a limited number of transactions per second. The primary Bitcoin blockchain is reliable and secure, but it sometimes gets congested because each transaction is recorded by thousands of computers globally.  The Lightning Network works by enabling users to create payment channels. This channel is like a private tab between two parties. When two businesses or individuals open a channel, they put some Bitcoin in it. When the channel is open, they can send money back or forth depending on the number of times they want, with each single payment being recorded on the main blockchain. When they’re done with the channel, they close it. Then, the final balance is written back to the Bitcoin blockchain, thereby saving space on the network and making transactions cheaper and faster. The Lightning Network introduces practicality for small transactions and everyday payments, which is what the blockchain struggles to handle on its own.  Current Progress of the Lightning Network While the Lightning Network isn’t widely known as the traditional payment system, it has made some obvious progress in recent years. 1. Growth in network size The number of computers that run Lightning software has increased steadily. Each system helps in routing payments across the network, making it more dependable and stronger. Additionally, the total capacity of the network has grown. This progress means that more people and businesses commit more funds to it because they trust the system. 2. Exchange and wallet adoption Binance, Kraken, and other major cryptocurrency exchanges have integrated Lightning withdrawals and deposits. Hence, users can sell or buy Bitcoin cheaply and quickly. Also, popular wallets like Phoenix and more now support Lightning, allowing everyday users to test it. 3. Real-world payments and merchant use Countries like El Salvador, where Bitcoin is legal, have also accepted Lightning payments. It is now used for small payments like food, coffee, or transport. Some online payments are now experimenting with Lightning, enabling people to pay for subscriptions or other services that may not be practical in the main Bitcoin Blockchain.  4. Developer improvements Developers have been adding various updates to the Lightning Network, making it easier to use. While earlier versions required technical knowledge, the newer apps and wallets are making the process seamless. Various updates are being made to enhance reliability, improve liquidity flow, and reduce failed transactions.  Limitations facing the mass adoption of the Bitcoin Lightning Network While the Lightning Network continues to make progress, it faces important challenges preventing it from full-scale adoption. Here are some of the roadblocks 1. Technical complexity The average person cannot use the Lightning Network comfortably. It feels complicated to open and manage payment channels for some users. Also, some might not understand the intricacies required when using wallets for payments. Once the process gets simpler, like a traditional banking app or mobile money service, more people will adopt the Lightning Network. 2. Liquidity problems Payments on Lightning work smoothly when there’s sufficient Bitcoin in the right channels. If a channel is not liquid, transactions may fail or take longer than expected. This problem might be frustrating for merchants and regular users because they want money transfers to be reliable and instant.  3. Reliability concerns While many Lightning payments are fast, some transactions still fail because the network couldn’t find a proper route. This challenge makes the system feel less reliable compared to traditional payment services, where payments go through without setbacks. Also, this lack of dependability can be a dealbreaker for businesses. 4. Regulatory uncertainty Since Lightning enables private and fast payments, regulators aren’t sure how it fits into financial laws. Governments worry about problems like illegal transactions and money laundering, making larger corporations reluctant to fully embrace Lightning. The absence of clear regulations makes businesses prefer to be patient before making bigger commitments. 5. Security risks The Lightning network is built on strong cryptography, but it has its own risks. Users need to be online to monitor their channels because dishonest individuals could exploit them. Even though services like “watchtowers” exist to solve this challenge, they’re not widely adopted by everyday users. Conclusion – The Road Ahead for Bitcoin’s Lightning Network The Bitcoin Lightning Network is no longer an idea; it is a functional system with thousands of active nodes and real-world use cases. Major wallet providers and exchanges have offered support, providing millions of individuals with access to Lightning payments. However, despite this progress, flaws such as liquidity management issues, technical barriers, and transaction failures persist. Overall, the Lightning Network isn’t a failed experiment; it is a work in progress that is proving its potential. 

The U.S. Securities and Exchange Commission (SEC) has introduced significant rule changes aimed at streamlining the approval process for exchange-traded funds (ETFs), especially those linked to commodities and digital assets. The reforms, announced in September 2025, are expected to dramatically reduce the time it takes to bring new ETFs to market, with timelines shrinking from nearly nine months to as little as 75 days. The shift could trigger a flood of new ETF launches, transforming the competitive landscape of the U.S. financial markets. Streamlined standards for ETFs At the heart of the changes are new generic listing standards that exchanges such as the NYSE, Nasdaq, and Cboe can now apply to commodity- and crypto-based exchange-traded products (ETPs). In practice, this means that ETFs meeting certain pre-approved criteria can avoid the lengthy 19b-4 rule change filings, which previously required detailed SEC review for every individual product. Instead, issuers will primarily need to file S-1 registration documents, a process that is considered more straightforward and efficient. The elimination of mandatory 19b-4 filings is already reshaping the regulatory process. Issuers have been encouraged to withdraw pending 19b-4 applications, as these are no longer necessary under the updated framework. Market participants note that what once took up to 270 days could now be completed in a fraction of the time, with some describing the pace as “absurdly fast” compared to historical norms. Implications for issuers and markets Several high-profile cases underscore the immediate impact of the SEC’s decision. Hashdex recently secured approval for a multi-asset crypto ETF under the new rules, expanding investor access to tokens such as XRP and Solana. Meanwhile, Dimensional Fund Advisors (DFA) is preparing to launch ETF share classes within its existing mutual funds, a move that could encourage dozens of similar applications. Analysts estimate that as many as 80 additional issuers may soon file under the streamlined framework. The SEC has also emphasized its prioritization of dual share-class applications, where mutual funds can offer ETF share classes. This is viewed as a major growth area for the industry, providing investors with more flexibility while allowing asset managers to leverage existing fund structures. Despite the optimism, caution remains. Some SEC commissioners have warned that accelerating approvals could expose investors to new risks, particularly in the volatile digital asset space. The streamlined standards apply only to ETFs that meet strict criteria, including requirements for liquidity, market surveillance, and underlying asset reliability. Products that fall outside these parameters will still be subject to traditional, lengthier review processes. Industry experts say the changes will encourage greater innovation and competition across asset classes, potentially lowering costs for investors and broadening access to new markets. However, challenges such as custody arrangements, tax considerations, and operational risks will continue to pose obstacles for issuers even after regulatory approval. With the SEC’s reforms in place, the ETF market is poised for rapid expansion. Faster approvals, combined with strong demand for diversified and digital asset exposure, could position the U.S. as a leader in next-generation financial products, reinforcing the role of ETFs as one of the most dynamic investment vehicles in global markets.

Spot cryptocurrency exchange-traded funds (ETFs) witnessed a dramatic resurgence on Monday with more than $1.07 billion in combined net inflows, reversing a series of outflows from the previous week. The surge was led by Ethereum ETFs, which attracted more than half a billion dollars, while Bitcoin products also posted robust gains. Ethereum ETFs dominated the inflow figures, recording approximately $546.9 million in new capital. Fidelity’s Ethereum ETF (FETH) topped the leaderboard with $202.2 million in inflows, closely followed by BlackRock’s ETHA with $154.2 million. Other issuers also benefited from strong demand: Bitwise’s ETHW added $36.5 million, VanEck’s ETHV drew $15.3 million, while Grayscale saw $22.8 million flow into its ETHE product and $99.8 million into its ETH vehicle. Invesco and Franklin Templeton also posted modest but positive additions. The widespread distribution of capital highlighted growing investor appetite for Ethereum exposure through regulated investment channels. Bitcoin ETFs also saw substantial gains, with net inflows totaling roughly $522 million. Fidelity’s FBTC was the standout performer, capturing $298.7 million. ARK 21Shares’ ARKB added $62.2 million, while Bitwise’s BITB secured $47.1 million. However, not all funds shared in the momentum—BlackRock’s flagship IBIT product posted a rare net outflow of $46.6 million, reflecting some unevenness in allocations across major providers. Strong rebound after a week of outflows The sharp reversal marked by Monday’s figures follows a stretch of consistent outflows that had raised concerns about cooling investor sentiment toward crypto ETFs. Analysts said the inflows suggest renewed institutional and retail confidence, potentially spurred by stabilization in crypto markets and a more favorable risk environment. Ethereum’s outsized inflows have drawn particular attention from market observers, many of whom view the asset as a key driver of the next phase of crypto adoption. Growing use cases around decentralized finance, tokenization, and staking are fueling broader interest in Ethereum-based investment products. The fact that nearly every major Ethereum ETF reported positive inflows reinforces the view that institutional investors are increasingly comfortable allocating to the asset. Implications for Bitcoin and Ethereum markets The resurgence in ETF demand carries important implications for the broader digital asset market. Spot ETFs are seen as critical gateways for institutional participation, offering regulated and liquid access to cryptocurrencies. Sustained inflows could help deepen market liquidity, dampen volatility, and strengthen the role of crypto assets within traditional portfolios. For Bitcoin, the continued growth of ETF inflows underscores its status as the primary entry point for mainstream investors. For Ethereum, the strong demand suggests investors are expanding beyond Bitcoin to capture the upside potential of the broader ecosystem. If this trend continues, analysts believe the balance of ETF flows could shift further toward a multi-asset narrative rather than remaining Bitcoin-centric. With Monday’s inflows surpassing $1 billion, the session stands as one of the strongest on record for spot crypto ETFs. The figures not only mark a significant turnaround from last week’s weakness but also signal that investor demand for regulated crypto exposure remains intact. As regulatory clarity improves and institutional infrastructure expands, ETF flows are likely to play an increasingly pivotal role in shaping the trajectory of the cryptocurrency market.

Bitcoin Ordinals is a protocol that lets people attach data directly to individual satoshis which are the smallest units of bitcoin. That capability turns single satoshis into carriers for images, text, files, or small programs that remain on the Bitcoin ledger. The emergence of Bitcoin Ordinals widened what can live on the Bitcoin blockchain and created a new class of on-chain digital collectibles that many call Bitcoin NFTs. Key Takeaways • Bitcoin Ordinals assign a unique number to each satoshi and allow data to be written into that satoshi. • The data, known as an inscription, is stored fully on chain and remains part of the Bitcoin ledger. • Experiments such as the BRC 20 token format used the Ordinals mechanism to create fungible tokens on Bitcoin. • Ordinals changed how people use Bitcoin blockspace and at times increased transaction fees. How do Bitcoin Ordinals work? Bitcoin Ordinals are built around two simple ideas. First, each satoshi can be given a serial number. Second, that numbered satoshi can carry a piece of data called an inscription. The numbering makes it possible to track a single satoshi as it moves through transactions. The inscription is the content attached to that satoshi and because the inscription is recorded on the Bitcoin ledger, the content persists as long as the ledger exists. The framework was introduced in early 2023 and made it possible to place images, text and other small files directly on-chain without changing Bitcoin’s consensus rules. It opened up an entirely new layer of creativity and experimentation for the network. Why do people use Bitcoin Ordinals? People use Bitcoin Ordinals for several reasons. Artists and creators use inscriptions to place artwork and collectibles on the Bitcoin ledger where they believe permanence and censorship resistance are strongest. Collectors value on-chain provenance because the ledger records the full history of an inscribed satoshi. Developers and hobbyists have also used the Ordinals method to prototype token ideas and look into new asset mechanics. The approach attracted attention because it works directly on base layer Bitcoin rather than on a separate chain. What are the Benefits? Bitcoin Ordinals come with both advantages and trade offs. On the positive side, inscriptions are permanent and benefit from the same level of security as the Bitcoin network itself. Every full node stores them, which means they remain accessible as long as Bitcoin exists. For creators and collectors, that permanence is a powerful advantage and this  gives Bitcoin a creative use case which attracts new communities to the network. However, inscriptions take up blockspace, which is the main trade-off. When activity is high, they compete with regular transactions and can drive up fees. This has sparked debate within the Bitcoin community about how blockspace should be used and whether Ordinals add value or create unnecessary congestion. Where do Bitcoin Ordinals fit in the Bitcoin ecosystem? Bitcoin Ordinals introduced a way to use Bitcoin’s base layer for more than peer-to-peer payments. They opened the door to digital art, collectibles, and other creative data uses recorded directly on the blockchain. This new function places Bitcoin Ordinals alongside payment activity as another layer of on-chain utility. At the same time, their presence has influenced how developers, miners, and users think about blockspace, fees, and the long-term direction of the network. Conclusion Bitcoin Ordinals introduced a practical way to place lasting content on the Bitcoin blockchain. They show Bitcoin’s flexibility while also raising trade-offs around blockspace and fees. For those interested in digital assets on Bitcoin, they remain a key development to watch. The long-term impact is still taking shape, but Bitcoin Ordinals have already shifted how people view what can be created directly on the Bitcoin network.

Integral, a global leader in FX and digital asset technology, has announced the launch of PrimeOne, the world’s first stablecoin-based prime brokerage for crypto. Live with clients and liquidity providers including Virtu Financial and Europa Partners, PrimeOne delivers trustless credit, trading, and net settlement on the Codex Layer-1 EVM blockchain.The platform offers institutional-grade access to liquidity and streamlined operations by enabling clients to trade with leading market makers and exchanges through a single account. That structure eliminates the need to manage multiple bilateral credit lines, reducing both cost and complexity in the process. With one AML/KYC check, clients can onboard faster and access a broad set of trading venues without tying up balance sheet capital.Unlike traditional prime brokerage models, PrimeOne is built fully on-chain, meaning clients retain control of their assets at all times. Margin balances in USD stablecoins move automatically and in real time between participants’ wallets as market positions change in value, reducing credit exposure and the risk of cascading defaults. Trading limits are dynamically set based on real-time collateral, creating a safer, more resilient marketplace for institutional participants. Stablecoins as the New Credit Rail PrimeOne leverages the programmability of stablecoins to replace the credit intermediation typically required in crypto prime brokerage. By moving margin continuously on-chain, PrimeOne ensures that exposures are always collateralized, in contrast to legacy models that rely on delayed settlement or manual processes. This innovation not only reduces counterparty risk but also unlocks significant capital efficiency, allowing clients to redeploy resources across strategies rather than holding large buffers of idle collateral. The use of stablecoins as the settlement medium is particularly relevant given their rising dominance in crypto markets. According to recent research, stablecoin transactions now exceed $7 trillion annually, making them the backbone of liquidity flows across both centralized and decentralized venues. PrimeOne’s adoption of stablecoin rails formalizes that trend, delivering institutional-scale trust and transparency to a market segment that has long lacked standardized credit solutions. Integral’s design also ensures interoperability. By operating on the Codex EVM-compatible blockchain, the platform can connect seamlessly with DeFi protocols, custody providers, and exchanges, paving the way for tokenized instruments and programmable settlement in the near future. Industry Voices Welcome Innovation Harpal Sandhu, CEO of Integral, framed the launch as a pivotal moment: “As institutional adoption of crypto accelerates, the lack of accessible credit remains the last major hurdle to widespread participation. As the technology provider powering more than $1 trillion of FX trading monthly, Integral is now bringing our best-in-class infrastructure to DeFi. PrimeOne reduces risk, cost, and complexity while unlocking liquidity, profitability, and confidence in crypto trading.” Scotte Moegling of Virtu Financial highlighted the benefits for market participants: “We are strong proponents of the emergence of blockchain technology, and PrimeOne exemplifies the powerful democratizing capabilities that it delivers. PrimeOne will enable investors access to greater competitive pricing with less risk, unlocking significant growth potential for crypto trading on the platform.” Peter Wisniewski, Managing Partner of Europa Partners, added: “PrimeOne is a gateway to the future of credit in cryptocurrency markets. The ease of setup, speed of onboarding, and access to liquidity will allow us to trade more profitably, more efficiently and at lower costs. This will help us deliver higher returns and capitalize on unprecedented opportunities in cryptocurrency markets.” A New Model for Institutional Crypto The launch of PrimeOne comes at a time when institutional demand for crypto access is expanding rapidly, driven by regulated ETFs, tokenization pilots, and new rules mandating higher transparency in digital asset markets. Yet credit has remained a sticking point: traditional prime brokerage relies on intermediaries to extend trust, leaving smaller institutions locked out or exposed to excessive counterparty risk. PrimeOne solves that with an automated, on-chain model that requires no trust and scales seamlessly with demand. By concentrating credit and settlement within an on-chain framework, PrimeOne also reduces systemic risk. Real-time margin exchange prevents the build-up of hidden exposures that can destabilize markets in periods of volatility. This makes PrimeOne not just a trading platform but also a stabilizing force for the broader ecosystem, especially as regulatory scrutiny intensifies around transparency and risk management. For institutions, the ability to manage liquidity, credit, and settlement in a single environment translates into faster time-to-market for strategies, lower operational overhead, and the confidence of trading within a regulated and compliant structure. For market makers and exchanges, PrimeOne broadens their reach by aggregating demand through a single prime broker without adding credit risk to their books. Takeaway Integral’s launch of PrimeOne represents a milestone for institutional crypto markets: the first stablecoin-based prime brokerage that marries the trustless nature of blockchain with the scale of institutional FX infrastructure. By eliminating bilateral credit lines, delivering real-time margin exchange, and consolidating trading into a single account, PrimeOne sets a new standard for efficiency, safety, and inclusivity in crypto trading.

Kazakhstan has taken a decisive step into the digital asset economy with the launch of its first national cryptocurrency reserve, the Alem Crypto Fund. The initiative, announced in Astana, is designed to strengthen the country’s financial infrastructure and establish Kazakhstan as a leading hub for digital finance in Eurasia. The fund has been seeded with Binance Coin (BNB) through a strategic partnership with Binance’s licensed entity at the Astana International Financial Centre (AIFC). The Alem Crypto Fund is positioned as a state-backed reserve that will hold leading digital assets under regulatory oversight. Officials say it is a cornerstone of President Kassym-Jomart Tokayev’s broader plan to modernize Kazakhstan’s financial system and diversify its economy through blockchain technology, cryptocurrency adoption, and digital innovation. Strengthening financial innovation The fund is managed within the AIFC’s regulatory framework and supervised by the Astana Financial Services Authority (AFSA). By establishing a regulated cryptocurrency reserve, Kazakhstan aims to ensure transparency, security, and long-term sustainability for digital asset holdings. While Binance Coin provides the initial liquidity, the Alem Crypto Fund is expected to diversify into other prominent cryptocurrencies, reflecting the evolving landscape of the global digital economy. The creation of the fund highlights Kazakhstan’s shift toward embracing blockchain-based solutions. Recent developments in the country include pilot projects for blockchain-powered stablecoins, updated digital asset service provider regulations, and initiatives to attract international fintech investment. Officials view the Alem Crypto Fund as a foundation for these policies, helping Kazakhstan strengthen financial resilience and gain recognition on the global stage. Regional leadership ambitions Kazakhstan’s partnership with Binance underscores its ambition to become a leader in the crypto economy. Binance, which has maintained a licensed operation at the AIFC since 2022, brings technical expertise, global credibility, and liquidity support to the initiative. This collaboration reflects Kazakhstan’s strategy of working with established global platforms to accelerate its transition into digital finance. Government representatives emphasize that the Alem Crypto Fund is more than a financial instrument. It is a symbol of Kazakhstan’s intent to lead regional innovation in digital assets while ensuring investor protection and financial stability. The state-backed model aims to strike a balance between fostering technological advancement and managing risk. The timing of the launch is significant as regional competition intensifies. Neighboring countries are also exploring blockchain frameworks and crypto adoption to attract capital flows and position themselves as fintech hubs. With the Alem Crypto Fund, Kazakhstan signals its determination to gain first-mover advantage in Central Asia’s digital finance landscape. Looking ahead, the success of the Alem Crypto Fund could encourage further institutional adoption of cryptocurrency in Kazakhstan. It may also draw international firms and investors seeking exposure to a regulated, state-backed crypto environment. By integrating innovation into its financial system, Kazakhstan is setting the stage to become a central player in the global digital economy.

Binance, the world’s largest cryptocurrency exchange by trading volume, has announced the launch of a new service called Crypto-as-a-Service (CaaS). This white-label institutional solution is designed to help banks, brokerages, and licensed financial firms offer digital asset trading and custody solutions under their own brand while relying on Binance’s global infrastructure. The development is expected to accelerate the adoption of cryptocurrencies by traditional financial institutions seeking exposure to digital assets without building costly infrastructure from scratch. CaaS is positioned as a comprehensive package that allows financial institutions to retain control over their customer-facing experience while Binance manages execution, liquidity, settlement, and compliance. The service supports both spot and derivatives trading, making it an attractive offering for institutions seeking to diversify their product portfolios and meet increasing client demand for digital assets. Institutional focus on flexibility and compliance One of the standout features of the CaaS product is internalized trading, which enables institutions to match orders within their own client networks before connecting to Binance’s global liquidity pool for best-price execution. This hybrid system is designed to provide efficiency, reduce trading costs, and still ensure access to deep liquidity when necessary. Such flexibility could appeal to institutions that want to balance operational independence with access to Binance’s market depth. In addition, CaaS comes equipped with a management dashboard and client management tools that allow institutions to set custom fee structures, segment users, manage subaccounts, and provide API connectivity. These tools are aimed at giving banks and brokerages the ability to design tailored services for their clients. The inclusion of built-in compliance safeguards—covering know-your-customer (KYC) verification, transaction monitoring, and custodial protections—highlights Binance’s effort to address regulatory concerns, which have long been a central issue in institutional crypto adoption. Roadmap and institutional adoption timeline Binance has indicated that early access for a select group of financial institutions will begin on September 30, 2025, with a broader rollout scheduled for the fourth quarter of the year. While the initial launch is expected to provide core functionality, some analysts suggest that expanded operational support and wider adoption may stretch into 2026. This phased approach may reflect the complexities of onboarding regulated financial entities, many of which operate under stringent national and international oversight. The launch of CaaS aligns with broader trends in the financial sector, where demand for digital asset services is growing but operational, technological, and compliance hurdles have slowed institutional entry. By offering a turnkey infrastructure, Binance aims to position itself as a critical enabler for traditional finance firms seeking to bridge the gap between conventional markets and the rapidly evolving crypto economy. Industry observers point out that Binance’s new service could mark a turning point in how financial institutions integrate cryptocurrency offerings into their platforms. By lowering entry barriers, the product may significantly increase crypto adoption among mainstream financial entities. However, questions remain about how regulators will respond to Binance’s role as a backend provider, especially given the exchange’s history of compliance challenges in multiple jurisdictions. The ultimate success of CaaS will likely depend on Binance’s ability to demonstrate security, transparency, and adherence to evolving global regulatory standards. With this initiative, Binance is signaling its ambition to become not only the leading retail exchange but also the primary infrastructure provider for institutional players. If successful, the rollout of CaaS could shape the next phase of crypto adoption, embedding digital assets more firmly into the global financial system.

The U.S. Securities and Exchange Commission (SEC) has suspended trading in shares of QMMM Holdings Ltd. after the company’s stock skyrocketed nearly 959% in less than three weeks. Regulators flagged concerns over potential market manipulation, citing undisclosed social media promotions as a key factor driving the surge. The trading halt has drawn widespread attention, highlighting the intersection of traditional stock markets and cryptocurrency-related strategies. The suspension took immediate effect and will remain in place until 11:59 p.m. ET on October 10. During this period, investors will not be able to buy or sell QMMM shares on regulated exchanges. The SEC said the pause is intended to protect investors and allow time for regulators to review the circumstances surrounding the dramatic rally. QMMM stock soars on crypto treasury announcement QMMM, a Cayman Islands-based holding company listed on Nasdaq, recently announced plans to launch a $100 million cryptocurrency treasury. The treasury would be allocated across leading digital assets including Bitcoin, Ethereum, and Solana. This sharp pivot into the digital asset market was widely circulated across online trading communities, where speculative enthusiasm quickly built momentum. Within weeks of the announcement, QMMM stock surged nearly tenfold. Analysts noted that such extreme growth is unusual in regulated equity markets, sparking questions about the drivers behind the move. The SEC’s intervention suggests that regulators believe the rally may not have been entirely organic. SEC raises concerns over undisclosed promotions In its official notice, the SEC said that “unknown persons” may have been promoting QMMM shares online without disclosing their financial interests. Such undisclosed promotions can artificially inflate demand, creating a risk that unsuspecting retail investors are left holding losses when prices normalize. Under federal securities law, the SEC has authority to suspend trading in a stock for up to ten days if it believes such action is necessary to safeguard investors and ensure fair markets. The halt reflects a broader regulatory push to address risks tied to speculative activity in thinly traded stocks. Over the past several years, the SEC has repeatedly intervened in cases where companies experienced sharp price swings following sudden announcements about cryptocurrency ventures. Officials have argued that the combination of social media-driven hype and corporate pivots into digital assets can create fertile ground for market manipulation. With trading halted, the SEC is expected to closely review QMMM’s disclosures, trading activity, and the scope of online promotions. The company has not yet issued a formal response to the suspension but will likely face questions about its digital asset strategy and its plans for the proposed crypto treasury. Market experts say the case highlights the regulatory challenges posed by the convergence of equities and cryptocurrencies. While digital asset strategies can offer growth opportunities, they also introduce volatility and risks, especially when amplified by online speculation. For investors, the QMMM suspension serves as a reminder of the importance of transparency and regulatory oversight in fast-moving markets. As the SEC continues its review, the outcome could have broader implications for other publicly listed companies pursuing cryptocurrency-related initiatives. Traders and regulators alike are watching closely to see whether QMMM’s case becomes a precedent in how the SEC responds to stock surges tied to digital asset announcements.

Flying Tulip, a rising project in the decentralized finance (DeFi) space, has announced it has raised $200 million in a private funding round. The raise values the project at $1 billion on a fully diluted basis. Building on this momentum, Flying Tulip plans to launch a public token sale at the same valuation, aiming to secure up to $800 million in additional funding. The scale of the raise makes Flying Tulip one of the largest early-stage DeFi projects of 2025. Investor protections at the core A key differentiator for Flying Tulip is its innovative approach to investor protection. Both private and public sale participants will benefit from an on-chain redemption right, a mechanism being described as a form of “perpetual put.” This allows contributors to redeem their FT tokens for up to their original contribution in the underlying asset, such as Ethereum. The system is supported by a segregated reserve funded directly from the raised capital, ensuring the redemption process can be executed on-chain. This design offers investors a unique safeguard against volatility, reducing the risks associated with speculative token markets. By embedding an exit option directly into the tokenomics, Flying Tulip is seeking to create greater confidence in its ecosystem. The approach reflects broader DeFi trends focused on transparency, accountability, and building long-term trust with retail and institutional investors. Building a full-stack on-chain marketplace Flying Tulip’s ambitions extend far beyond token issuance. The project is building a full-stack on-chain financial marketplace designed to integrate multiple services under one ecosystem. Planned features include spot trading, perpetual futures markets, lending and borrowing platforms, a native stablecoin known as ftUSD, and decentralized insurance products. These offerings will be unified under a cross-margin framework with a volatility-aware risk management system, aiming to give traders and investors a seamless and professional-grade experience. The team behind Flying Tulip has also taken a unique approach to incentives. Unlike many token projects, there is no initial allocation of FT tokens reserved for the founding team. Instead, the developers plan to earn rewards through open-market buybacks funded by protocol revenues, directly aligning their incentives with the long-term performance and adoption of the platform. This structure could appeal to investors looking for greater assurance that the team’s interests are aligned with market outcomes. Flying Tulip is planning multi-chain deployment, including support for Ethereum, Avalanche, BNB Chain, Sonic, and Solana. Initial rollout will begin on Sonic, where the project may introduce zero-fee trading as part of its strategy to attract early users. This multi-chain approach is intended to maximize accessibility while ensuring scalability and interoperability. With its significant fundraising and novel redemption mechanism, Flying Tulip is positioning itself at the forefront of the next cycle of DeFi growth. The $200 million raise not only underscores strong investor confidence but also signals a broader appetite for projects that emphasize investor protections alongside ambitious technical roadmaps. If Flying Tulip can deliver on its plans for a comprehensive on-chain marketplace, it could emerge as a major player in the DeFi sector. As competition in decentralized finance intensifies, Flying Tulip’s combination of large-scale capital, investor safeguards, and multi-chain expansion could set a new benchmark for how DeFi projects approach both fundraising and long-term ecosystem development.

BlackRock’s iShares Bitcoin Trust (IBIT) has overtaken Deribit to become the largest venue for Bitcoin options trading, a milestone that underscores the rapid institutionalization of the cryptocurrency derivatives market. According to data from Bloomberg and industry trackers, open interest in IBIT-linked options has surged to nearly $38 billion, surpassing Deribit’s $32 billion. The development marks the first time an exchange-traded fund (ETF) product has outpaced a dedicated crypto-native platform in this corner of the market. For years, Deribit held an unchallenged position as the dominant marketplace for Bitcoin and Ethereum options. Based in Panama, the exchange attracted traders globally with deep liquidity and flexible access, albeit outside of U.S. regulatory frameworks. The ascent of IBIT, however, highlights how swiftly regulated, institutionally backed products are reshaping the landscape. Institutional momentum drives IBIT dominance Daily trading volumes for IBIT options have consistently ranged between $4 billion and $5 billion in recent weeks, allowing it to surpass Deribit’s long-standing lead. Analysts attribute this rise to a surge in institutional adoption. Asset managers, hedge funds, and proprietary trading firms are increasingly gravitating toward IBIT because it combines the familiarity of traditional market infrastructure with exposure to Bitcoin’s volatility. The scale of IBIT’s options activity has also elevated its role in price discovery. Traders note that IBIT-linked derivatives are increasingly influencing Bitcoin’s implied volatility curves and acting as a benchmark for risk hedging, further entrenching its relevance in global markets. Shift from offshore to regulated venues The overtaking of Deribit by IBIT reflects more than just a numerical lead in open interest—it represents a fundamental change in where and how liquidity is concentrated. Offshore platforms like Deribit, while still significant, face headwinds as large institutions prioritize compliance, custody safeguards, and transparency. IBIT, structured under U.S. securities regulations, offers those protections, making it more attractive to traditional financial players. This shift also mirrors broader market trends. With the growth of spot Bitcoin ETFs and heightened regulatory scrutiny worldwide, traders are increasingly seeking instruments that bridge the gap between crypto-native innovation and established financial practices. The rise of IBIT demonstrates how the crypto derivatives market is maturing into a space where regulated products play a central role. While Deribit continues to maintain substantial liquidity and remains a vital venue for many professional traders, IBIT’s momentum signals the beginning of a new competitive era. Analysts expect competition between ETF-linked derivatives and offshore exchanges to intensify, particularly as other asset managers explore similar offerings. For Bitcoin itself, the shift carries broader implications. A more regulated and institutionally driven derivatives market could contribute to reduced volatility and deeper integration with global financial systems. At the same time, it raises questions about whether offshore platforms can adapt and innovate to maintain relevance in a changing environment. With IBIT now leading in open interest and volume, the market has entered a new chapter where traditional finance no longer sits on the sidelines—it sets the pace. At nearly 500 words, the milestone is clear: BlackRock’s IBIT has redefined what leadership in Bitcoin options trading looks like, signaling a powerful shift in the evolution of crypto markets.

Bitcoin is famous for its extreme price swings. Unlike traditional markets, the cryptocurrency market runs 24/7, making volatility both a risk and an opportunity. For traders and investors who understand how to manage it, Bitcoin’s volatility can be a powerful tool for generating profits especially as it oscillate between ranges. This article explains practical ways to take advantage of Bitcoin volatility in 2025. Key Takeaways Bitcoin’s volatility stems from liquidity, sentiment, macroeconomics, and 24/7 trading. Day trading and swing trading offer short- and medium-term profit opportunities. Leverage and derivatives amplify gains but also increase risk. Arbitrage exploits market inefficiencies for quick profits. Risk management and long-term investing turn volatility into a sustainable advantage. Why Bitcoin Is So Volatile Bitcoin’s volatility is influenced by several factors. Liquidity remains relatively low compared to traditional markets, so large trades can move prices quickly. Market sentiment also plays a major role, with speculation, news headlines, and social media often driving sharp price movements. In addition, macroeconomic factors like inflation data, interest rate changes, and regulatory announcements frequently spark sudden shifts. Finally, because Bitcoin trades around the clock, unexpected moves can occur at any time, adding another layer of unpredictability to the market. 1. Day Trading Bitcoin Day trading is one of the most common ways to take advantage of Bitcoin’s price volatility. Traders open and close multiple positions within a single day, attempting to capture small profits from short-term fluctuations. This strategy relies heavily on technical analysis, such as reading chart patterns, identifying support and resistance levels, and using indicators like the Relative Strength Index (RSI) and Moving Average Convergence Divergence (MACD). Day traders also watch for short-term catalysts such as news events, sudden funding rate changes, or on-chain signals. While day trading can be highly profitable in volatile markets, it requires strict discipline, constant monitoring, and strong risk management. 2. Swing Trading Strategies Swing trading is better suited for traders who want to capture medium-term moves that can last from a few days to several weeks. Instead of reacting to every small fluctuation, swing traders look for broader market trends. Tools such as moving averages help them identify the direction of the trend, while Fibonacci retracements assist in spotting potential entry and exit levels. Volume analysis also plays a key role in confirming momentum before committing to a position. This strategy allows traders to benefit from Bitcoin’s volatility without the need to sit in front of charts all day, making it a more balanced approach than day trading. 3. Leveraged Trading and Derivatives Another way to profit from volatility is through derivatives such as futures, options, and perpetual contracts, which are widely available on major crypto exchanges. With leverage, traders can amplify their exposure by borrowing capital, allowing for larger profits on smaller price movements. For example, taking a long position benefits when Bitcoin’s price rises, while a short position earns when the price falls. Options strategies such as straddles and strangles allow traders to profit from volatility regardless of direction. However, leverage is a double-edged sword—it can magnify losses just as quickly as it increases gains. This makes the use of stop-loss orders and strict risk controls absolutely essential. You can’t data regarding this on CoinGlass. 4. Arbitrage Opportunities Arbitrage is another strategy that thrives on market inefficiencies caused by volatility. Price gaps often appear between exchanges, giving traders a chance to buy Bitcoin at a lower price on one platform and sell it at a higher price on another. More complex methods like triangular arbitrage involve trading across three pairs to capture profit from mispriced assets, while cross-border arbitrage takes advantage of regional premiums in countries with strict capital controls. Although arbitrage margins have shrunk as the market matured, advanced trading bots and automation tools still make this approach profitable for well-prepared traders. 5. Hedging and Risk Management Profiting from volatility is not only about entering trades—it’s also about protecting gains. Hedging strategies help reduce downside risk when markets turn against a trader. Converting profits into stablecoins such as USDT or USDC preserves value during sharp downturns. Stop-loss orders provide an automatic exit from losing positions, helping to limit risk before it escalates. Beyond trading tools, portfolio diversification also serves as a safeguard. By spreading exposure across Bitcoin, altcoins, equities, and commodities, traders reduce the impact of sudden price shocks. Without strong risk management, even the best strategies can quickly fail in volatile conditions. 6. Long-Term Investing (HODLing) Not every approach to Bitcoin volatility requires constant trading. Long-term investors often use volatility to their advantage by accumulating more Bitcoin during dips. Dollar-cost averaging (DCA), where investors buy fixed amounts at regular intervals regardless of price, reduces the impact of short-term swings while building exposure over time. Others choose to “buy the dip” when Bitcoin corrects after a rally, believing that long-term value will eventually prevail. Historically, holding Bitcoin through cycles has been profitable, and for those who trust in its future growth, volatility becomes less of a threat and more of an opportunity. Conclusion Bitcoin’s volatility is a double-edged sword. It creates opportunities for day traders, swing traders, arbitrageurs, and long-term investors, but it also carries significant risks if not managed carefully. The most successful traders in 2025 will be those who combine technical skill with discipline and robust risk management. For them, Bitcoin’s unpredictable price swings will remain not just a challenge, but a source of consistent profit. Frequently Asked Questions (FAQs) 1. Why is Bitcoin more volatile than stocks?Bitcoin trades in a smaller, less liquid market, and its price is heavily influenced by speculation and global news, making it more prone to swings than stocks. 2. Can beginners profit from Bitcoin volatility?Yes, but beginners should start small, practice with demo accounts, and focus on low-risk strategies like dollar-cost averaging before attempting advanced trades. 3. What tools help manage Bitcoin volatility risk?Stop-loss orders, stablecoins, portfolio diversification, and hedging with derivatives are effective tools for risk management. 4. Is leveraged trading safe during volatile markets?Leveraged trading can be profitable, but it is risky. Without strict stop-loss orders, high leverage can quickly wipe out capital in a volatile market. 5. Is long-term holding better than trading Bitcoin volatility?It depends on the investor’s goals. Traders can profit from short-term moves, while long-term holders often benefit from Bitcoin’s overall upward trend despite volatility.

USDT, USDC and USDe Drive Quarterly Surge Stablecoins recorded more than $46 billion in net inflows over the past 90 days, according to data from RWA.xyz, underscoring renewed demand for dollar-pegged assets in crypto markets. Tether’s USDT led with $19.6 billion, followed by Circle’s USDC at $12.3 billion. Synthetic entrant Ethena’s USDe logged $9 billion, marking its most active quarter yet. Other issuers contributed smaller but notable inflows. PayPal’s PYUSD added $1.4 billion, MakerDAO’s USDS brought in $1.3 billion, and newer tokens such as Ripple’s RLUSD and Ethena’s USDtb showed steady growth. Net inflows measure the difference between minted and redeemed stablecoins, with positive numbers reflecting more tokens entering circulation than exiting. Investor Takeaway Rising inflows show that stablecoins remain the preferred entry point into crypto, with USDT and USDC dominant but challengers like USDe gaining ground quickly. Q3 Outpaces Q2 as Demand Accelerates RWA.xyz data showed inflows surged by more than 324% compared to the previous quarter. In the six months through September, stablecoin inflows totaled $56.5 billion, with $10.8 billion logged in Q2 and the rest in Q3. The sharp acceleration underscores the role of USDT and USDC, while algorithmic alternatives like USDe added new momentum. USDT was the largest contributor in both quarters, minting $9.2 billion in Q2 and $19.6 billion in Q3. USDC swung from a modest $500 million in Q2 to $12.3 billion in Q3, reflecting stronger demand after months of muted issuance. USDe, which had added just $200 million in Q2, saw its supply balloon by $9 billion in Q3 as adoption grew. The sector’s expansion highlights a broader recovery in liquidity for stablecoins, which often serve as collateral, settlement instruments, and hedging tools in crypto markets. Ethereum Dominates Stablecoin Supply Ethereum remains the leading blockchain for stablecoins, hosting $171 billion of the circulating supply, RWA.xyz data showed. Tron ranked second with $76 billion, while Solana, Arbitrum and BNB Chain together accounted for $29.7 billion. Ethereum’s liquidity and integration across DeFi platforms continue to give it an edge despite competition from faster or lower-cost alternatives. By token, USDT controls nearly 59% of the global market, according to DefiLlama, followed by USDC at roughly 25%. Ethena’s USDe now accounts for about 5% of supply, a notable share given its rapid rise. The overall stablecoin market capitalization reached $290 billion in the past 30 days, reflecting strong issuance across leading issuers. Investor Takeaway Ethereum’s grip on stablecoin supply underscores its central role in DeFi, even as Tron and emerging chains fight for market share. Activity Slips Despite Higher Market Cap While inflows and market capitalization rose, other activity indicators showed weakness. Monthly active addresses fell to 26 million, down 22.6% from the prior month. Transfer volume slipped to $3.17 trillion, an 11% decline over the same period. Analysts say this divergence suggests that while demand for stablecoin issuance is rising, transactional usage remains sensitive to market conditions. Even so, the growth trajectory for leading stablecoins points to continued dominance of dollar-backed tokens in crypto, with institutional interest in regulated offerings and retail users relying on their liquidity for everyday trading and transfers.

Industrial and Commercial Bank of China has taken a decisive step into the heart of global interest-rate swap clearing by becoming a direct member of LCH SwapClear, the London Stock Exchange Group’s clearing powerhouse. The move gives ICBC (Asia), the Hong Kong-based subsidiary of the world’s largest bank by assets, access to SwapClear’s multi-currency clearing network. It comes as Chinese lenders deepen their use of global derivatives infrastructure and as London seeks to retain its status as the hub for interest-rate swaps in the wake of Brexit. “Becoming a direct clearing member of LCH SwapClear is an important strategic initiative for ICBC (Asia), and reflects the substantial growth we have achieved in both transaction volumes and outstanding positions with LCH,” said Xu Lei, deputy chief executive of ICBC (Asia). “Direct membership will deliver enhanced risk management capabilities, improved cost efficiency, and access to deeper liquidity pools, which will directly strengthen our support for clients’ expanding business needs.” SwapClear, launched in 1999, is the world’s dominant venue for clearing interest-rate swaps. Its credibility was forged in 2008 when it managed the unwinding of Lehman Brothers’ $9 trillion swaps portfolio without losses to other members. Since then, it has built a network effect that makes clearing at LCH all but essential for global banks. In yen swaps, it shares the market with Japan’s JSCC, but in sterling and dollar swaps it is the overwhelming leader. The service sits within LCH, part-owned by the London Stock Exchange Group since 2013. For LSEG, clearing has become a central profit engine, even as political pressure from Brussels periodically raises the prospect of shifting euro-denominated swaps into the EU. Earlier this year, however, the European Commission extended equivalence for UK clearing houses until mid-2028, easing those tensions for now. A China Dimension For ICBC, the attraction is clear. The ability to clear directly cuts costs, reduces counterparty exposure, and gives it access to liquidity alongside the world’s largest dealers. It also ties into broader reforms: in May, LCH began accepting Chinese Government Bonds denominated in dollars and euros as eligible collateral, settled through Euroclear. That gives Chinese banks a fresh way to deploy sovereign holdings in international markets. Xu Lei noted ICBC’s support for that initiative, saying the bank looks forward to further developments. ICBC is also preparing to join LCH’s ForexClear, which clears FX non-deliverable forwards and options. That would dovetail with the growing international role of the renminbi, which is now among the top-ten cleared swap currencies. ICBC is not alone. LCH has added 18 new members in Asia-Pacific across rates, FX and repo since 2020, underscoring the demand from regional banks to plug directly into global liquidity pools. “Their membership represents a milestone in our ongoing commitment to supporting the growth of cleared derivatives across Asia,” said Susi de Verdelon, LCH’s chief executive. ICBC (Asia) itself is a designated domestic systemically important bank in Hong Kong, reflecting its size and cross-border role. That status carries heavier regulatory obligations but also underscores its capacity to operate at global scale. The timing is no accident. With interest-rate volatility still elevated and global regulators pushing derivatives into clearing houses, ICBC’s membership is both a tactical upgrade and a symbolic one: Beijing’s biggest bank is locking itself more firmly into London’s financial plumbing. The real test will be whether ICBC can leverage that access to win more international business while managing the costs of clearing and the demands of collateral. For LCH, adding the world’s largest bank helps secure its Asian growth strategy — and strengthens London’s grip on a market that remains central to global finance.  

Gold surges to record $3,833 as Fed easing expectations, US shutdown risks, inflation data, political gridlock, and market volatility intensify. Record Rally for Gold as US Risks Loom Gold prices are surging to uncharted territory, driven by a perfect storm of safe-haven demand and reinforced expectations for Federal Reserve rate cuts. The yellow metal has vaulted past the key $3,800 level, hitting a new record high near $3,833 on Monday. This historic run is fueled, in part, by the latest US inflation data, which came in broadly as anticipated, cementing investor belief that the Fed will continue its easing path. Specifically, the US Personal Consumption Expenditures (PCE) Price Index for August rose to 2.7% year-over-year, and the core PCE, the Fed’s preferred measure, held steady at 2.9%. This moderation in price pressure has led markets to price in an 89% probability of a further rate cut of 25 basis points (bps) at the Fed’s October meeting. Political Gridlock and Economic Data Jeopardy A significant driver of this flight to safety is the intensifying political gridlock in Washington, with the risk of a US government shutdown now imminent. The deadline looms at midnight Wednesday, and a failure by Congress to agree on a funding bill is spurring demand for Gold as a hedge against systemic risk. Critically, a shutdown threatens to disrupt the release of vital economic indicators, including the eagerly awaited Nonfarm Payrolls (NFP) report scheduled for Friday. The prospect of the Fed having to make policy decisions without timely labor market data has amplified risk-off sentiment. In response, the US Dollar has weakened, with the Dollar Index (DXY) down 0.27% to 97.91, and the 10-year Treasury yield has fallen to 4.141%, underscoring the market’s anxiety over the nation’s political and fiscal stability. Fed’s Divided Voice: Cautious Easing Meets Stubborn Inflation Warnings The undercurrent of uncertainty driving gold’s flight is further amplified by the Federal Reserve’s own internal division on the economic outlook. Despite the September rate cut and the consensus for another in October, not all officials are marching in lockstep. On the one hand, a more dovish assessment is emerging, with New York Fed President John Williams noting that the resilient labor market is “gradually softening,” a view that lends credence to the need for further policy easing. On the other hand, the hawkish contingent remains vocal. St. Louis Fed President Alberto Musalem has issued a clear warning, insisting that while he supports moving toward a more neutral policy, there is limited room for easing without risking policy becoming “overly accommodative.” He maintained that inflation expectations remain “somewhat high” and argued that the current stubbornness in prices is largely domestic, estimating that tariffs are only responsible for “perhaps 10%” of current inflation. This split view—between officials concerned about the risk of a labor market downturn and those worried about persistent above-target inflation—creates policy risk, assuring market volatility and solidifying Gold’s appeal as the ultimate asset of last resort.   Top upcoming economic events: 1. Tankan Large Manufacturing Index Date (CEST): 09/30/2025 at 23:50:00 Currency: JPY Impact: HIGH Importance: This is a major quarterly survey reflecting the business sentiment of large manufacturers in Japan. It is one of the most comprehensive and influential indicators of the Japanese economy’s health, offering insight into future production and hiring. Significant changes can influence the Bank of Japan’s long-term policy outlook. 2. Harmonized Index of Consumer Prices (YoY) Date (CEST): 10/01/2025 at 09:00:00 Currency: EUR Impact: HIGH Importance: This is the Eurozone’s principal measure of annual inflation. Price stability is the European Central Bank’s (ECB) main mandate, making this data the key determinant for their future monetary policy and interest rate decisions. A deviation from forecasts causes strong market reaction in the EUR. 3. ADP Employment Change Date (CEST): 10/01/2025 at 12:15:00 Currency: USD Impact: HIGH Importance: This report estimates the change in US private-sector employment. It is closely watched as it often serves as a reliable precursor and sentiment indicator for the much more impactful Nonfarm Payrolls report released later in the week. 4. ISM Manufacturing PMI Date (CEST): 10/01/2025 at 14:00:00 Currency: USD Impact: HIGH Importance: A leading indicator of US economic health. It surveys purchasing managers on conditions like new orders, production, and employment. A reading above 50 suggests expansion, and its Prices Paid component is a key gauge of inflationary pressures in the manufacturing sector. 5. Trade Balance (MoM) Date (CEST): 10/02/2025 at 01:30:00 Currency: AUD Impact: HIGH Importance: This figure measures the difference between Australia’s exports and imports. A growing trade surplus (or shrinking deficit) reflects strong international demand for Australian goods, which is positive for economic growth and the AUD. 6. Consumer Price Index (YoY) Date (CEST): 10/02/2025 at 06:30:00 Currency: CHF Impact: HIGH Importance: Switzerland’s annual inflation rate. This is the Swiss National Bank’s (SNB) primary focus for setting its monetary policy. As the CHF is often viewed as a safe-haven currency, unexpected inflation figures can significantly impact its valuation. 7. BoJ Governor Ueda speech Date (CEST): 10/03/2025 at 01:05:00 Currency: JPY Impact: HIGH Importance: Speeches from the Governor of the Bank of Japan are crucial for signaling any potential shifts away from the long-standing ultra-loose monetary policy. Any hints of policy normalization or changes to the inflation outlook can cause sharp movements in the JPY. 8. Nonfarm Payrolls Date (CEST): 10/03/2025 at 12:30:00 Currency: USD Impact: HIGH Importance: The most anticipated monthly US jobs report. It measures the change in employment and the unemployment rate. This data point is a primary driver of the Federal Reserve’s interest rate policy and is guaranteed to cause significant, immediate volatility across the USD and global markets. 9. BoE’s Governor Bailey speech Date (CEST): 10/03/2025 at 13:20:00 Currency: GBP Impact: HIGH Importance: Remarks from the Governor of the Bank of England provide authoritative guidance on the UK’s monetary policy stance, inflation forecasts, and future interest rate path. The tone and content of the speech are critical for the direction of the GBP. 10. ISM Services PMI Date (CEST): 10/03/2025 at 14:00:00 Currency: USD Impact: HIGH Importance: The services sector is the largest component of the US economy. This survey measures business activity, employment, and prices within that sector. It is a vital indicator of overall economic momentum and is highly influential on Fed policy alongside the manufacturing PMI.  The subject matter and the content of this article are solely the views of the author. FinanceFeeds does not bear any legal responsibility for the content of this article and they do not reflect the viewpoint of FinanceFeeds or its editorial staff. The information does not constitute advice or a recommendation on any course of action and does not take into account your personal circumstances, financial situation, or individual needs. We strongly recommend you seek independent professional advice or conduct your own independent research before acting upon any information contained in this article.

Bitcoin cryptocurrency can be expected to rise further toward the next round resistance level 120000.00.   Bitcoin reversed from support zone Likely to rise to resistance level 120000.00 Bitcoin cryptocurrency recently reversed up from the support zone set between the round support level 110000.00 (former strong resistance from May and June, which has been reversing the price from the end of August, as can be seen from the daily Bitcoin chart below), lower daily Bollinger Band and 50% Fibonacci correction of the sharp upward impulse from the end of June. The upward reversal from this support area stopped started the active short-term impulse wave 3 of the medium-term impulse wave (3) from the start of September. Given the bullish sentiment seen across the cryptocurrency markets today and the clear uptrend on the daily Bitcoin charts, Bitcoin cryptocurrency can be expected to rise further toward the next round resistance level 120000.00. Bitcoin Technical Analysis The subject matter and the content of this article are solely the views of the author. FinanceFeeds does not bear any legal responsibility for the content of this article and they do not reflect the viewpoint of FinanceFeeds or its editorial staff. The information does not constitute advice or a recommendation on any course of action and does not take into account your personal circumstances, financial situation, or individual needs. We strongly recommend you seek independent professional advice or conduct your own independent research before acting upon any information contained in this article.

Exchange Unveils “Crypto-as-a-Service” Platform Binance said Monday it is launching a white-label infrastructure product designed to let financial institutions and brokerage firms offer crypto trading directly to their clients. The Crypto-as-a-Service (CaaS) platform will provide spot and futures trading, custody, liquidity, compliance, and settlement features using Binance’s backend systems. “Importantly, institutions retain full control over their front-end user experience, brand, and client relationships, while significantly reducing the time, cost, and complexity of building crypto capabilities in-house,” Binance said in a statement. The service will roll out in September, with full support expected by the end of 2026. Investor Takeaway Binance is targeting traditional finance with a turnkey crypto platform, seeking to pull banks and brokers into digital assets without forcing them to build their own infrastructure. Push Into Institutional Finance The exchange said CaaS customers can match orders directly between their clients where “best-price matching” is available internally, while also drawing on Binance’s global orderbook for execution, spreads, and trading pairs. The platform also includes client management tools, enabling institutions to segment clients, apply custom fee markups, and offer tiered trading experiences. “The demand for digital assets is growing faster than ever, and traditional financial institutions can no longer afford to be on the sidelines,” said Catherine Chen, head of VIP and institutional at Binance. “However, building crypto capabilities from scratch is complex, costly, and can be risky. That’s why we created Crypto-as-a-Service — a turn-key solution that provides institutions with trusted, ready-made infrastructure.” Backdrop of Regulatory Pressure The launch comes as regulators in the United States and elsewhere move to formalize rules for digital assets. President Donald Trump has pledged to make the U.S. a global hub for crypto, spurring competition among jurisdictions and encouraging banks and brokerages to explore digital asset trading and custody. For Binance, whose global operations have faced years of scrutiny, the CaaS initiative signals an effort to embed itself within the infrastructure of regulated financial institutions rather than competing only in retail markets. Investor Takeaway By targeting institutions under regulatory pressure to offer crypto, Binance positions itself as a behind-the-scenes provider, potentially widening its market without bearing full regulatory risk on the client side. What Comes Next Binance said the new service would help wealth managers and brokerages integrate crypto into existing offerings with minimal disruption. The company highlighted that institutions using CaaS would keep their brand and client relationships, while relying on Binance for trading, settlement, and custody infrastructure. How banks and brokers respond will determine whether CaaS becomes a meaningful institutional foothold. With competition from exchanges like Coinbase and specialist custody firms already offering white-label solutions, Binance’s challenge will be winning trust among firms wary of regulatory risks tied to its name.  

Ben Bilski, the former CEO of NAGA Group and one-time German swimming champion, is diving back into crypto with a new venture called “True Trading AI,” a decentralized exchange that claims to blend large language models with Solana’s high-speed infrastructure. Hong Kong-based True Labs has secured $10 million in seed funding from UAE investor Core Holding to accelerate the rollout of an artificial intelligence-powered decentralized exchange built on Solana infrastructure. The company is also running a presale that has so far brought in $3.7 million. According to figures published on its website, the combined financing currently stands at $13.7 million. The startup is developing “True AI,” a large language model designed to serve as a self-learning trading engine for its TRUE platform. The system is pitched as giving retail and professional traders conversational access to live market intelligence, automated risk management, and strategy execution. Powered by NVIDIA GPU clusters and deployed on a custom Solana Layer-2 protocol, the exchange is engineered to scan thousands of assets within milliseconds, anticipate price swings, and execute trades under institutional-grade controls. It also integrates copy-trading features and tokenized liquidity incentives, enabling users to contribute data and share in rewards. “This investment marks a pivotal step in building a decentralized trading platform that truly acts in the user’s interest,” said Ben Bilski, co-founder of True Labs and former chief executive of Frankfurt-listed fintech NAGA Group. “With TRUE, guesswork and emotions are replaced by real-time intelligence, giving every trader the ability to trade smarter, safer, and more profitably.” Core Holding founder Dr. Noor Aldeen Atatreh described the project as “a once-in-a-generation opportunity,” highlighting the mix of proprietary AI models, GPU infrastructure, and decentralized design. The founding team also includes Valerii Marshalin and Igor Stadnyk of blockchain developer INC4, along with Alex Momot of Peanut Trade. All have previously worked on AI, DeFi, and Web3 products. Bilski, a Polish-German entrepreneur and one-time national swimming champion, has been a visible figure in European fintech for nearly a decade. He co-founded NAGA in 2015, building it into a social investing platform that listed in Frankfurt, launched its own token, and attracted close to 1 million users. NAGA rode the crypto retail boom in 2017 and briefly expanded into ventures including a metaverse project. Bilski was named to Forbes’ 30 Under 30 list in 2018. He stepped down from NAGA last year after its acquisition by brokerage CAPEX.com, where he had been serving as Chief Information Officer. His re-entry into crypto with True Labs marks a return to building from the ground up. “TRUE is not just another DEX. It’s trainable,” Bilski wrote on LinkedIn. “It learns. It adapts. It improves.” The backend, which the company calls fully “agentic,” automates workflows such as onboarding, KYC, and settlement, aiming to deliver a frictionless trading experience. The project is also framed as a response to flaws in centralized order book systems, where market makers are often accused of distorting pricing. Recent controversies — including Binance’s suspension of a trading firm over alleged manipulation — have highlighted the issue. Bilski argues that TRUE’s design, with public vaults for liquidity and on-chain settlement, offers a more transparent alternative. The exchange’s native token is in presale, with a full rollout of both the trading ecosystem and its AI engine planned for 2026.