BTC traded at $83,602, down 0.74% over 24 hours, while ETH stood at $2,687.93, down 1.07%. Gold was at $4,218.80 and silver at $61.195; the S&P 500 and Nasdaq 100 fell 0.17% and rose 0.21%, respectively, while WTI and Brent rose 0.86% and 1.21%.
1. Strive Buys 6,106 BTC Worth $491M
According to Lookonchain monitoring, Strive has been actively buying BTC. Between August 24 and September 25, it bought 6,106 BTC at an average price of $80,375, worth about $491 million.
Assets to watch: BTC
2. SEC Chair Wants Stock Markets On-Chain
SEC Chair Paul Atkins said in a CNBC interview that he wants to push stock markets to run on-chain, and that the entire financial system is moving toward Bitcoin and crypto. The SEC previously launched an 'innovation waiver' allowing eligible venues to conduct on-chain trading of tokenized US stocks.
Assets to watch: BTC
3. CryptoQuant Flags 33% Short-Term Profit Margin
CryptoQuant research head Julio Moreno noted Bitcoin closed last week above its 365-day moving average, confirming the start of a new bull market; but after touching an eight-month high of $87,400, several indicators show momentum is weakening. Short-term holders' on-chain unrealized profit margin has risen to 33%, the highest since December 2024.
Assets to watch: BTC
4. OpenAI CEO: Nvidia Safety Not Foolproof
OpenAI CEO Sam Altman said OpenAI will release several new models, adding that AI is more a science problem than an engineering problem. He also said Nvidia's safety system is not foolproof and that OpenAI is not threatened by Meta.
Assets to watch: META, NVDA, OPENAI
5. AllUnity Launches USD Stablecoin USDAU
European stablecoin issuer AllUnity is launching its fourth fiat-backed stablecoin, USDAU, extending its MiCA-compliant product line after earlier euro, Swiss franc and Swedish krona stablecoins. USDAU will maintain a 1:1 peg to the US dollar via segregated reserves and launch on Ethereum, Solana, Base, Polygon and other networks.
Assets to watch: ETH, POL, SOL
6. Sentora Proposes Independent Lending Market on Aave V4
DeFi protocol Sentora has submitted an ARFC proposal to operate an independently curated lending market on Aave V4. Under the proposal, Sentora would run market operations including collateral assets and interest rates, while Aave DAO retains ownership and final control of the smart contracts. Lending assets would be limited to RLUSD, PYUSD and OUSD.
Assets to watch: AAVE
7. Multicoin Invests in DePIN Project Grass
Multicoin Capital general partner Shayon Sengupta announced the firm's hedge fund and venture fund have invested in DePIN project Grass. Grass builds a decentralized network by sharing idle bandwidth to provide pre-training data for frontier AI labs, with full-year training-data revenue projected at $75 million and the business already profitable.
Assets to watch: GRASS
8. Abracadabra Proposes Shutdown and MIM Liquidation
Abracadabra, the DeFi lender behind the MIM stablecoin, has initiated a governance vote to shut down the protocol and liquidate MIM. The proposal plans to liquidate remaining assets, convert collateral into ETH, and distribute proceeds proportionally to MIM holders. The team estimates MIM's executable collateral at about $0.9 million versus $21 million in bad debt, with over 95% uncollateralized.
Assets to watch: ETH
Market snapshot
BTC: $83,602 (24h -0.74%) | ETH: $2,687.93 (24h -1.07%)
Gold: $4,218.80 (+0.94%) | Silver: $61.195 (+0.07%)
WTI: $90.15 (+0.86%) | Brent: $103.83 (+1.21%)
S&P 500: 7,670.84 (-0.17%) | Nasdaq 100: 30,339.33 (+0.21%)
1. Strive Buys 6,106 BTC Worth $491M
According to Lookonchain monitoring, Strive has been actively buying BTC. Between August 24 and September 25, it bought 6,106 BTC at an average price of $80,375, worth about $491 million.
Assets to watch: BTC
2. SEC Chair Wants Stock Markets On-Chain
SEC Chair Paul Atkins said in a CNBC interview that he wants to push stock markets to run on-chain, and that the entire financial system is moving toward Bitcoin and crypto. The SEC previously launched an 'innovation waiver' allowing eligible venues to conduct on-chain trading of tokenized US stocks.
Assets to watch: BTC
3. CryptoQuant Flags 33% Short-Term Profit Margin
CryptoQuant research head Julio Moreno noted Bitcoin closed last week above its 365-day moving average, confirming the start of a new bull market; but after touching an eight-month high of $87,400, several indicators show momentum is weakening. Short-term holders' on-chain unrealized profit margin has risen to 33%, the highest since December 2024.
Assets to watch: BTC
4. OpenAI CEO: Nvidia Safety Not Foolproof
OpenAI CEO Sam Altman said OpenAI will release several new models, adding that AI is more a science problem than an engineering problem. He also said Nvidia's safety system is not foolproof and that OpenAI is not threatened by Meta.
Assets to watch: META, NVDA, OPENAI
5. AllUnity Launches USD Stablecoin USDAU
European stablecoin issuer AllUnity is launching its fourth fiat-backed stablecoin, USDAU, extending its MiCA-compliant product line after earlier euro, Swiss franc and Swedish krona stablecoins. USDAU will maintain a 1:1 peg to the US dollar via segregated reserves and launch on Ethereum, Solana, Base, Polygon and other networks.
Assets to watch: ETH, POL, SOL
6. Sentora Proposes Independent Lending Market on Aave V4
DeFi protocol Sentora has submitted an ARFC proposal to operate an independently curated lending market on Aave V4. Under the proposal, Sentora would run market operations including collateral assets and interest rates, while Aave DAO retains ownership and final control of the smart contracts. Lending assets would be limited to RLUSD, PYUSD and OUSD.
Assets to watch: AAVE
7. Multicoin Invests in DePIN Project Grass
Multicoin Capital general partner Shayon Sengupta announced the firm's hedge fund and venture fund have invested in DePIN project Grass. Grass builds a decentralized network by sharing idle bandwidth to provide pre-training data for frontier AI labs, with full-year training-data revenue projected at $75 million and the business already profitable.
Assets to watch: GRASS
8. Abracadabra Proposes Shutdown and MIM Liquidation
Abracadabra, the DeFi lender behind the MIM stablecoin, has initiated a governance vote to shut down the protocol and liquidate MIM. The proposal plans to liquidate remaining assets, convert collateral into ETH, and distribute proceeds proportionally to MIM holders. The team estimates MIM's executable collateral at about $0.9 million versus $21 million in bad debt, with over 95% uncollateralized.
Assets to watch: ETH
Market snapshot
BTC: $83,602 (24h -0.74%) | ETH: $2,687.93 (24h -1.07%)
Gold: $4,218.80 (+0.94%) | Silver: $61.195 (+0.07%)
WTI: $90.15 (+0.86%) | Brent: $103.83 (+1.21%)
S&P 500: 7,670.84 (-0.17%) | Nasdaq 100: 30,339.33 (+0.21%)