Growing decentralized trading and memecoin speculation from big investors are driving Avalanche’s blockchain activity, according to Nansen analysts. Smart contract blockchain Avalanche recorded a consistent surge in blockchain activity, as analysts pointed to growing decentralized trading activities and returning crypto whale speculation on the next emerging memecoin. Avalanche’s transaction growth surpassed all other blockchains the past week, rising 66% to 11.9 million transactions across more than 181,000 active addresses, signaling growing investor mindshare focusing on the blockchain. The milestone occurred after a “landmark effort” of the US Department of Commerce, which adopted Avalanche, along with nine other public decentralized blockchains, to publish its real gross domestic product (GDP), Cointelegraph reported on Friday. Read more
Bitcoin’s march toward $150,000 could gain momentum as soaring G7 bond yields push investors toward hard assets like BTC and gold. Key takeaways: Bitcoin thrives when yields rise on debt and inflation fears, but struggles when central banks tighten aggressively. Today’s bond market stress looks inflation- and debt-driven, suggesting BTC could follow gold’s record run with higher-beta gains. Read more
The US climbed to second in Chainalysis’ 2025 Global Adoption Index rankings, with India taking out top spot and Pakistan, Vietnam and Brazil rounding out the top five. Regulatory momentum in Washington and crypto exchange-traded funds have pushed the US up two spots into second place for crypto adoption, according to Chainalysis. The US trailed only India, which maintained the top spot for the third year in a row, and contributed to the Asia Pacific region being crowned the fastest-growing between July 2024 and June 2025, Chainalysis said in its 2025 Global Adoption Index published on Wednesday. Chainalysis chief economist Kim Grauer told Cointelegraph that crypto adoption is mostly accelerating in mature markets with clearer rules and institutional rails, and in emerging markets where stablecoins are transforming how people manage money. Read more
XRP analysts highlight the potential to rebound to new all-time highs over the next few weeks or months as spot ETF approval odds in 2025 rise to 87%. Key takeaways: XRP price bull flag pattern targets $5 if key resistance is broken. SEC's XRP ETF decisions due Oct. 18–Nov. 14 as approval odds rise to 87%. Read more
The Dutch National Bank fined OKX $2.6 million for operating in the Netherlands without registration before the EU’s MiCA rules took effect. The Dutch National Bank (DNB) imposed a fine of 2.25 million euros ($2.6 million) on crypto exchange OKX for operating in the country without registering with the regulator. According to a Wednesday DNB announcement, the fine pertains to a period from July 2023 to August 2024, before the introduction of the European Union’s Markets in Crypto-Assets (MiCA) regime. Local regulators began requiring crypto firms to register with the local central bank for Anti-Money Laundering (AML) purposes in early 2020. An OKX spokesperson told Cointelegraph that the company is “pleased to have resolved this matter” and “maintains that OKX did not actively target Dutch customers during the period in question.” The representative also highlighted that the fine “does not apply to, nor concern, our MiCAR-licensed entity, Okcoin Europe,” and that the Netherlands remains an important market fo...
Galaxy becomes the first Nasdaq-listed company to tokenize its shares on Solana, highlighting how equity markets are starting to move onchain. Galaxy Digital, the cryptocurrency investment firm founded by Mike Novogratz, has tokenized its publicly traded stock, positioning the shares for use within decentralized finance (DeFi) as institutional interest in tokenization grows. The company said Wednesday that its Class A common shares, listed on both Nasdaq and the Toronto Stock Exchange under the ticker GLXY, can now be tokenized and fractionalized on the Solana blockchain through Superstate’s Opening Bell, a platform for tokenizing public companies. Superstate, a fintech firm, will act as the SEC-registered transfer agent. Unlike synthetic products or derivatives, the initiative involves tokenizing Galaxy’s actual Class A shares. Trades executed on Opening Bell will generate an instant record of ownership onchain. Read more
Coinbase will launch a futures product later this month that will give exposure to the top seven US tech stocks alongside Bitcoin and Ether ETFs. Crypto exchange Coinbase is set to roll out a futures product tracking the top US tech stocks, crypto exchange-traded funds, and its own shares to offer exposure to equities and crypto in a single contract. Coinbase Derivatives said on Tuesday it’s launching the “Mag7 + Crypto Equity Index Futures” on Sept. 22, which will track the “Magnificent 7” tech stocks of Apple, Microsoft, Alphabet, Amazon, Nvidia, Meta and Tesla, along with BlackRock’s Bitcoin (BTC) and Ether (ETH) ETFs and Coinbase’s stock. “Historically, there has been no US-listed derivative that provides access to both equities and cryptocurrencies within a futures product,” the exchange said, adding its index would give exposure to “asset classes that have traditionally traded separately.” Read more