Coin Edition

Kalshi is considering a funding round of about $1 billion at a valuation near $40 billion, according to reports, as the prediction-market operator expands beyond event contracts. Sequoia Capital and Wellington Management are in talks to participate, while Tiger Global Management and Dragoneer Investment Group are also considering joining. The discussions remain ongoing, and the deal size and valuation could change. Funding Talks Continue Kalshi last raised $1 billion in May at a $22 bil

SEC Chairman Paul Atkins said Tuesday that he wants U.S. stock trading to move onto blockchain networks, signaling a broader push to bring on-chain markets into traditional finance. “I want the stock market to move on-chain,” Atkins said on Sept. 29. He said blockchain technology could change how stocks are traded and how ownership records are maintained. The comments follow the SEC’s Sept. 17 approval of a temporary framework allowing certain venues to trade tokenized U.S. stocks through

The House Oversight Committee has expanded its investigation into potential insider trading on prediction-market platforms to include Hyperliquid, Crypto.com and Aristotle Exchange. Chairman James Comer requested records on identity verification and systems used to detect, investigate and report suspicious trading. The requests seek information on how the platforms prevent users from trading with nonpublic information. Hyperliquid Faces Closer Scrutiny Comer cited a large leveraged shor

The Tax Agency says Form 721 applies to foreign crypto held by third-party custodians. Taxpayers’ private-key control determines whether they must file Form 721. Crypto held in self-custody wallets is exempt from Form 721 balances. Spain’s Tax Agency has clarified how taxpayers should determine whether crypto they hold overseas needs to be reported on Form 721, which is the form used to declare virtual currencies held outside Spain. The clarification focuses on an import

500 billion SHIB moved to exchanges in 24 hours, raising concerns about selling pressure. SHIB remains above key support, but rising deposits make its recovery less certain. A sustained move above $0.0000062 could strengthen the recovery trend. Shiba Inu (SHIB) September recovery is starting to weaken as more SHIB tokens are moving onto crypto exchanges, signaling that some holders may be preparing to sell. The coin has gained 12% over the past month, trading at $0.000005788. Meanwh

India’s economy is growing, but stocks are falling as investors turn cautious. Foreign investors selling, high oil prices, and a weaker rupee are adding market pressure. Traders are watching capital flows, earnings, oil prices and RBI policy for clues. India’s economy is growing notably, but its stock market has been falling. This raises the question of why strong economic numbers aren’t leading to higher stock prices. Notably, India’s economy grew by nearly 8% in the April–June qua

Fed’s Bowman scheduled speech and the August JOLTS jobs data anchor today’s critical US economic agenda. The market is expecting around 7.23M job openings, down from the previous 7.27M. Bowman’s remarks could shape Fed rate expectations despite a non-policy speech focus.  On September 29, 2026, financial markets are focusing on the August U.S. Job Openings and Labor Turnover Survey (JOLTS) and a scheduled speech by Federal Reserve Vice Chair for Supervision Michelle Bowman.  Th

On September 29, Bitget logged about 9,674 ETH inflows and 9,023 ETH outflows. ETH inflows exceeded outflows after withdrawals resumed, signaling no panic exit  USDT withdrawals return September 30, with other services due October 2. Bitget reported a positive net flow of Ethereum right after it restarted ETH withdrawals on September 29, indicating that inflows exceeded outflows. This suggests users were not rushing to withdraw funds following last week’s security incident.  By

Spot gold and silver extend losses to nearly 4% and 5% as the US 10Y Note Yield hits a 19-year high. Higher yields and a stronger USD raised the opportunity cost of holding precious metals, erasing $1.2T. The key question now is whether this is a trend reversal, liquidity sell-off, or move to key support levels. Gold (XAU/USD) and silver (XAG/USD) are facing sharp selling pressure as the US 10-Year Treasury yield rises to a fresh 19-year high, with the precious metals falling nearly 4%

Tuesday’s sweep below $117.26 recovered above Monday’s low and brought $118.89 into focus. Holding $118.89 keeps $122.93 as the first upside target, with $124.13 above it. U.S. spot Solana ETFs have accumulated 4.37M SOL worth about $450M since July 13. Tuesday’s sweep below $117.26 and quick recovery have shifted focus to the $118.89 confirmation level before Solana can challenge $122.93 and $124.13. The move suggests a potential liquidity grab rather than a breakdown, pla

Cascade has shut down after five years, urging users to withdraw any remaining funds from its trading platform. The former Perennial announced the closure on X and directed users to Equilibria’s claim portal for outstanding balances. The move ends Cascade’s 24/7 trading service for crypto, commodities and tokenized assets. Over the last 5 years, Cascade (formerly Perennial) set out to build the next generation of the modern brokerage experience: a unified platform for global markets, buil

Solana Mobile said attackers gained unauthorized access to its Brevo marketing account, potentially exposing customer information in a security incident at the email provider. The company disabled its Brevo account after discovering the breach and is working with the provider to determine what data may have been accessed. Solana Mobile said it has no evidence that emails were sent from its account, but the review is continuing. Our third-party marketing email provider, Brevo, experienced

Reform UK received £72 million in combined donations from two cryptocurrency billionaires over two days, giving the party one of its largest funding boosts and highlighting the growing role of crypto wealth in British politics. BitMEX co-founder Ben Delo donated £36 million, followed by an equal contribution from Tether investor Christopher Harborne. Delo announced his donation in The Telegraph, saying it was intended to create a “level playing field.” Harborne later matched the amount after

CoinGecko’s top 3 global trending cryptocurrency coins today are PONS, STONK, and LAPTOP ahead of Bitcoin. PONS, STONK, and LAPTOP fell 2.1%, 8.0%, and 16.2% in 24 hours, while PRL jumped 55.1% in seven days. The search activity raises questions whether trending coins signal opportunity or speculation and risk. As of September 12, 2026, CoinGecko’s global crypto searches are being dominated by smaller, highly volatile tokens rather than Bitcoin (BTC).  Pons (PONS), STONK, Hunte

Coinbase sees SEC and CFTC action as a path to new products if the CLARITY Act fails. Derivatives, tokenized assets and staking each face distinct regulatory conditions. The September 15 Senate vote needs 60 votes to advance, rather than enact, the bill. Coinbase could pursue new crypto products and services through U.S. regulators even if Congress fails to advance the CLARITY Act, Chief Financial Officer Alesia Haas said. The exchange expects agency action to support its expansion, al

Anthropic’s September 2026 Threat Intelligence Report shows how AI used to make scams more sophisticated. A China-based app studio orchestrated an organized, large-scale romantic scam network using Claude AI.  For Indian crypto investors, AI could make financial and crypto scams harder to identify via tax refunds. Anthropic’s September 2026 report shows artificial intelligence (AI) making scams more sophisticated, as a China-based operation used Claude-powered personas to target

EUR/USD targets 1.17115 after testing key support at 1.15623–1.15509. Dollar weakness and improving liquidity could create a stronger backdrop for Bitcoin. DXY, Treasury yields, equities and BTC need to confirm the broader risk-on trend. EUR/USD is showing a signal that points to a decline toward 1.15623–1.15509 before a recovery toward 1.17115. If EUR/USD rises, it means the U.S. dollar is weakening against the euro. When this happens alongside stronger risk appetite, it creates a mor

Bitwise is shutting down its Dogecoin ETF, BWOW, but the fund is relatively small. DOGE is testing key support near $0.08 after failing to hold above $0.0855. A break below $0.08 could send DOGE toward the next major target near $0.0695. Dogecoin is under selling pressure as Bitwise announced it will shut down its Dogecoin ETF, BWOW. DOGE is already struggling to stay above $0.0855. Bitwise announced on September 10 that it would liquidate and close BWOW to simplify its product line

Bitcoin ETFs lost $462.7M this week, their biggest weekly outflow in 10 weeks. ETF assets still stood at $97.58B, with cumulative net inflows near $55.16B. BTC traded near $77,267, while $83K-$86K remained the main overhead resistance zone. U.S. spot Bitcoin ETFs recorded about $462.7 million in net weekly outflows, marking their largest withdrawal in 10 weeks. The reversal followed four consecutive negative sessions after the market absorbed nearly $987 million during the previous wee

A universal $5,000 Trump dividend could carry a theoretical cost of $1.35 trillion. Spending 25% of a $1.35T payout could channel about $338 billion into consumption. The 10-year Treasury yield touched 4.9915%, putting the 5% threshold in focus. President Donald Trump has renewed his push for a $5,000 “Trump Dividend,” putting a potentially trillion-dollar fiscal program into market focus. The proposal could influence spending, government borrowing, Treasury yields, and Bitcoin, althou