10-year yield closes above 5%
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The 10-year Treasury yield closed at 5.01%, its highest since 2007, as the two-year yield rose to 4.76%. Bitcoin still gained despite the tighter rates backdrop.
The 10-year Treasury yield closed at 5.01%, its highest since 2007, as the two-year yield rose to 4.76%. Bitcoin still gained despite the tighter rates backdrop.
An analyst says trades of roughly $5,500 made up as much as 58% of Kalshi's Ether perpetual volume on some days. Kalshi says its incentives pay for liquidity, not wash trading, and denies it is under CFTC investigation.
BITFOOTS opened applications for its 303-piece Zcash NFT mint at $5 each. Applications were scheduled to close Sept. 21 at 2 p.m. UTC, with Ordinals NFTs planned for approved holders.
SEC officials say firms could file to operate tokenized US stock trading venues as early as next quarter under the Innovation Exemption. The filings would come before any venue approval or launch.
The Senate voted 49-50 against advancing the CLARITY Act, short of the 60 votes needed. Senators split over ethics, yield rules and procedure, leaving little time to revive the bill this session.
Buyers swept roughly 60 CryptoPunks for around $6 million over two days, lifting the floor from 29 to 34 ETH.
A PSA 10 first-edition Base Set Charizard sold for $1 million on Beezie on Base. It was the largest known onchain trading-card sale.
Binance bought 1.24 million Circle shares for $100 million and accepted a two-year lockup. A five-year deal also has Binance promote USDC while Circle pays monthly incentives tied to USDC held through its wallet infrastructure.
SoFi began settling card transactions in SoFiUSD on Mastercard’s network. Its card program is projected to exceed $25 billion in annual volume once migrated; SoFi has not disclosed how much has settled in the stablecoin.
Garrett Jin closed his full 38,000 ZEC short for a $35.44 million loss. He still holds 202,078 ZEC spot worth about $309 million, with roughly $221 million in unrealized profit.
Frontier Traders launched an eight-week Solana perpetuals contest on Phoenix Trade and Solflare with over $1 million in rewards. Eight finalists will compete in London for a Porsche 911 GT3 RS or $250,000 in cash.
NEAR has rallied more than 190% from its trendline low and reached about $5 after trading below $1.50 less than a month earlier. The token has now run into its macro downtrend, prompting some profit-taking.
DRV reached $1.21 on Upbit after gaining 207% in a week and 365% in a month. Derive was on pace for record monthly options volume, but remained much smaller than Deribit.
The Fed raised rates by 25 basis points to 3.75%–4.00% on September 16 and removed four projected cuts over the next two years. Bitcoin later climbed above $85,000 as about $648 million in crypto shorts were liquidated, though Bitfinex said spot demand led the move.
Jumper confirmed that its onchain finance app will launch a token under the JUMP ticker.
Ethereum pulled back on its first test of the $2,800–$3,000 supply zone. A deeper pullback could test support around $2,500–$2,550.
Strategy returned to buying Bitcoin with a $75.7 million purchase after a two-month pause. It funded the buy from its dollar reserve.
U.S. spot Bitcoin ETFs took in about $715 million on September 22, pushing their 2026 net flows back above zero. Ether ETFs took in about $162 million that day.
Coinbase launched fixed-rate USDC loans backed by Bitcoin through Morpho Midnight on Base. Borrowers get a locked rate and a defined maturity date without selling their Bitcoin.
Mark Zuckerberg followed the Agrippa memecoin account. AGRIPPA rose from about $200,000 to $5 million in market value.
SOL hit $120 for the first time in eight months. Traders still flag the $117–$121 area as resistance.
Ledger Wallet Desktop now supports shielded ZEC transactions in the Ironwood pool, with approvals on a Ledger signer. The older Zondax shielded app is scheduled for removal on November 5.
Bitcoin fell from around $87,000 to as low as $83,500, forcing out leveraged longs. Estimates put 24-hour crypto long liquidations at $400 million to $443 million across different snapshots.
Estimates of an October Fed hike ranged from 62% to 73% after Governor Barr said another hike was likely needed to bring inflation to 2%. Another hike would tighten the rates backdrop for crypto.
NYSE Group and Blockchain.com signed an agreement to explore 24/7 tokenized U.S. stock and ETF trading for Blockchain.com users through NYSE’s planned digital trading system, pending regulatory approval. They also plan to share stock and crypto market data.