Crypto

At the Stellar Meridian event in Copacabana, Rio de Janeiro, on September 17, where Ondo Finance unveiled a major expansion of its institutional-grade yieldcoin USDY to the Stellar network. The post Ondo Finance Launches USDY Yieldcoin on Stellar, Bringing Tokenized U.S. Treasuries to Users appeared first on Cryptonews.

The two sides used to beef until several months ago.

Bitcoin’s volatility may rise after today’s FOMC, but it is unlikely to result in a new directional move, hinting at continued range-bound action for a few more days. Key points: Bitcoin is likely to witness wild moves following the Fed’s rate decision, but the price may remain inside the large $107,000 to $124,474 range for some more time. Several altcoins, except BNB, have pulled back, indicating that traders are taking risk off the table before today’s FOMC. Read more

Solana’s Alpenglow upgrade promises 100-150 ms transaction finality — faster than a Google search. Explore how this leap could transform DeFi. Solana has always pitched itself as the blockchain for speed. With Alpenglow, it’s attempting a quantum leap. Validators have voted overwhelmingly in favor of the upgrade, with almost 99% support across the network. If successfully implemented, Alpenglow is expected to reduce transaction finality from roughly 12.8 seconds to just 100 to 150 milliseconds. Read more

Prediction markets are putting money on the Fed chair’s favorite hue, a subtle signal that the central bank wants to stay above the partisan fray.

The Peter Thiel-backed firm went public on the NYSE in August.

The Bitcoin options market reflects caution, while top traders increased their bullish positions as optimism in a Federal Reserve rate cut grows. Key takeaways: The Bitcoin options delta skew rose above the 7% neutral threshold, signaling cautious trader sentiment ahead of the US Fed decision. The top traders’ long-to-short ratio and $292 million spot ETF inflows support optimism despite mixed BTC derivatives. Read more

Launching first in Colombia, the app will allow users to receive and hold funds in USD-backed stablecoins.

Metaplanet, a Tokyo-listed hotel group that owns $2.3 billion worth of Bitcoin, said on Wednesday that its business is expanding to the U.S.

Senator Elizabeth Warren and others say they're probing whether Sacks has improperly outstayed his "special government employee" status.

ETH whales sold more than $400 million worth of the cryptocurrency in the span of 48 hours.

Crypto exchange Bullish secured a BitLicense from New York's financial regulator to unlock institutional trading in America's financial capital, building on its recent $1.15 billion record IPO entirely through blockchain-based stablecoins and MiCAR license uplift with Germany's BaFin for European Union operations. The post Crypto Exchange Bullish Secures New York BitLicense, Can Now Serve US Institutions appeared first on Cryptonews.

Forward Industries is transforming into a publicly traded proxy for the Solana ecosystem, using a $4B equity program to scale up a treasury strategy initiated by crypto-native giants who seeded the company with an initial $1.65B. The post Forward Industries Seeks $4B ATM Offering to Increase Solana-Focused Treasury appeared first on Cryptonews.

A Curve DAO proposal seeks to introduce Yield Basis, a protocol with a $60 million stablecoin mint that offers direct rewards to veCRV token holders.

XLM rebounded from overnight lows at $0.38, with strong demand at support levels and signs of institutional accumulation driving the token back above $0.39.

Bitcoin and Ethereum exchange inflows have dropped to a 1-year low indicating reduced selling pressure and investor reluctance to exit positions ahead of a potential U.S. Federal Reserve rate cut, with on-chain data revealing exchange inflows falling to a 7-day moving average of 25K BTC from 51K BTC in July. The post Bitcoin & Ethereum Inflows Hit 1-Year Low as Crypto Investors Brace for Fed Decision – BTC Eyes $120K appeared first on Cryptonews.

The UK’s FCA proposal to exempt crypto firms from certain traditional finance obligations explores rules on consumer duty, operational resilience, financial crime controls, and how complaints in crypto markets should be resolved. The post UK FCA May Exempt Crypto Firms from Key TradFi Rules — What’s at Stake? appeared first on Cryptonews.

HBAR held steady in a narrow band between $0.23 and $0.24, with shrinking volumes and a sharp intraday swing underscoring weakening momentum and mixed trader sentiment.

A wave of crypto ETF applications hit the SEC on Tuesday with five distinct filings spanning Avalanche infrastructure to Bonk meme coin as issuers push into increasingly exotic territory, including Bitwise's spot Avalanche ETF. The post Crypto ETF Filings Flood SEC with Avalanche, Sui, and Bonk Products as Issuers Test Limits appeared first on Cryptonews.

Also: DeFi’s Future on Ethereum, EF Creates dAI team, and Amex Blockchain-Based Travel Stamps.