The U.S. 10-year Treasury yield hit 5.13%, its highest since 2007, after Fed Governor Michael Barr signaled more rate hikes. Higher yields raise the cost of holding non-yielding Bitcoin.
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.
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.
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.
Buyers swept roughly 60 CryptoPunks for around $6 million over two days, lifting the floor from 29 to 34 ETH.
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.
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.
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.
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.
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.
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.
ZCAT takes a 3% cut from each trade and pays holders in ZEC every two hours. Total ZEC distributions passed $10 million 21 days after launch.
Jumper confirmed that its onchain finance app will launch a token under the JUMP ticker.
OpenAI rolled GPT-6 Astra out across its paid products, and OpenAI perpetuals jumped during the release. OpenAI paused new $200 Pro subscriptions to protect capacity.
The CFTC submitted proposed crypto market rules to the White House’s OIRA for review after the Senate failed to advance the CLARITY Act. The proposal is not public or final.
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.
Jack Butcher’s $8 X Money mint closed September 21 after selling more than 120,000 Credits. All the NFTs now appear to have been minted.
Useless Coin rose 21% on September 9 and reached a $336 million market cap.
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.
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.
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.
JPEG Frens opened its NFT mint and sold out its first-come, first-served phase within six minutes.
A malicious Neutron governance proposal gave an attacker control of contracts, and the Cosmos Hub halted for nearly 25 hours. Its first block after restart moved 1,227,121 ATOM out of a wallet holding attack proceeds.
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.