Circle Launches Bitcoin-Backed USDC Borrowing on Arc and Ethereum
TLDR
Circle launched Digital Asset-Backed Borrowing, letting eligible Circle Mint institutions turn Bitcoin into USDC loans.
Morpho is the first lending protocol supported, with Aave expected to join later.
The service runs on…
Bitcoin’s price should target THIS weekly close to cement multi-month trend shift
From 17th to 25th September, the Spot Bitcoin ETF net flows totalled $2.88 billion. During this time period, BTC’s price rallied by 10.26%, including the dip from $87.3K to $82.9K earlier in the week.
Source: BTC/USD on TradingView…
Hester Peirce to leave SEC
SEC Commissioner Hester Peirce has submitted her formal resignation from the US Securities and Exchange Commission, effective Oct. 2.Peirce, also known as “Crypto Mom” amid her advocacy of clear, rules-based regulation of the crypto…
KelpDAO Sues LayerZero and CEO Bryan Pellegrino Over $292M Hack
Pellegrino rejected the civil claim, calling it meritless and saying that he would defend himself in Vancouver courts.
KelpDAO has filed a lawsuit against LayerZero and…
Researchers Propose Zcash-Style Bitcoin Privacy Without Soft Fork
Researchers at the cryptography research firm Alloc Init have proposed a system for bringing Zcash-style private transfers to Bitcoin without requiring a soft fork. The proposal, called Shielded Bitcoin, would conceal transaction amounts,…
Analysts Watch $2,540 Retest After Pullback From $2,800
TLDR
ETH trades near $2,673 after pulling back from above $2,800.
Analysts are watching the $2,530–$2,600 zone, a former resistance level now being tested as support.
RektProof sees a possible move to $3,000 before a drop…
Could That Be a Bullish Signal?
Both XRP and DOGE are pulling back sharply, but deeply negative MVRV readings could keep long-term traders interested.
A clear difference has emerged in the long-term…
How to Swap Ethereum to Monero: Converting ETH to XMR With SwapToZec.com
Ethereum and Monero sit on very different sides of the cryptocurrency market. Ethereum (ETH) underpins a large ecosystem of decentralized applications, stablecoins, DeFi protocols, and tokenized assets, while Monero (XMR) is designed…
Fed Sets Out Stablecoin Rules Under GENIUS Act
The Federal Reserve has proposed capital, redemption and other regulatory requirements for stablecoin issuers under its supervision as it moves to implement the GENIUS Act.The GENIUS Act already requires stablecoin issuers to maintain…
Schiff, Ackman, Hayes Can’t Agree Why
Key TakeawaysThe 10-year Treasury closed at 5.18% on Sept. 24, its highest close since July 2007.The MOVE index jumped from 76.2 to 104.6 in a week after the Fed’s Sept. 16 rate hike.Arthur Hayes says a MOVE reading above 130 would force a…