Bitcoin Price Stays Near $81,000 as Matrixport Ships 2,400 BTC to Binance

A wallet linked to BIT, the firm formerly known as Matrixport, dropped another 1,000 BTC worth $81.06 million into Binance on Saturday, its second large deposit to the exchange this week.  Key TakeawaysA BIT-linked wallet moved 1,000 BTC, worth $81.06 million, into Binance on Sept. 19, onchain data shows.Matrixport sent 1,400 BTC ($107.8 million) to Binance on Sept. 15, taking the four-day total to 2,400 BTC.Bitcoin is trading a little over $81,000, just under resistance flagged between $81,700 and $83,000.  The Wallet in Question  The address, which begins with ‘bc1qsz,’ sent the coins to Binance early Saturday, tracker Lookonchain reported. Other outlets carried and printed the same data subsequently, describing it as a wallet “suspected to be related to BIT (formerly Matrixport)” and depositing into Binance again. Anyone can follow the flows on the wallets Arkham page.  Matrixport rebranded itself as BIT earlier this year in March. It is a Singapore-based company, started in 2019 by former Bitmain executives, and currently manages more than $6 billion in assets and handles over $7 billion in monthly trading volume. It is also exploring U.S. capital markets options, including a possible public listing.  A Four-Day Pattern  Saturday‘s transfer was not a one-off move because on Sept. 15, onchain sleuths

09-19انڈسٹری

Bastion wins conditional OCC approval for national trust bank charter

Stablecoin infrastructure provider Bastion said the Office of the Comptroller of the Currency (OCC) had granted it preliminary conditional approval for a US trust bank charter.  The charter adds federal supervision from the OCC to the state licenses Bastion already holds, according to a news release on Friday. Still, the proposed bank could not accept deposits or make loans, separating it from a conventional commercial bank.  Licensed as Bastion Platforms National Trust Company, it will offer stablecoin custody and wallets, payment infrastructure and white-label issuance from a single federally regulated entity.  “Stablecoins have moved from emerging technology into core financial infrastructure, and that requires a different standard of trust, governance and regulatory rigor,” said Nassim Eddequiouaq, CEO of Bastion.  The company has been building toward federal supervision since acquiring its New York trust charter in February 2025.  Cointelegraph reported in September 2025 that Bastion had raised $14.6 million in a funding round led by Coinbase Ventures, with participation by Japanese tech giant Sony, the investment subsidiary of South Korean phone maker Samsung, the crypto arm of venture capital (VC) firm Andreessen Horowitz and crypto VC firm Hashed.  Ripple has received conditional approval for a similar charter, while Circle and BitGo have received final approval. Kraken parent

09-19انڈسٹری

HotShort to present short-drama RWA model at GWDC Korea 2026

HotShort has joined the Feixiaohao × GWDC 2026 Innovation Forum as a co-organizer and will present its model for turning short-drama content and related revenue into blockchain-based assets at the Sep. 29 event in Seoul.  SummaryHotShort will discuss short-drama RWAs and onchain revenue sharing at the Seoul forum.The Sep. 29 event will cover stock tokenization, Web3 applications and AI leadership.HotShort co-founder Answer is scheduled to explain the platforms content-asset model.Any U.S. offering tied to revenue rights could fall under federal securities rules.  Feixiaohao said the forum will take place at AT Center in Seoul, with HotShort participating as a co-organizer. The program will focus on stock tokenization, Web3 and AI, while HotShorts contribution will center on short-form drama rights, token issuance and blockchain-based revenue distribution.  The announcement identifies Tron founder Justin Sun and representatives from Microsoft, South Korean crypto exchange Bithumb, and Animoca Brands among the expected participants.  HotShort will explain its short-drama RWA model  HotShort describes itself as a Southeast Asia-focused platform that converts short-drama content into digital assets. According to the company description included in the announcement, its work covers mobile short dramas, real-world asset representation, token issuance, and transactions linked to onchain revenue sharing.  At the forum, HotShort co-founder Answer is scheduled to

09-19انڈسٹری

Lemon exits Brazil over crypto licensing costs

Lemon has decided to close its Brazilian operations and terminate about 15,000 local accounts after finding the countrys new crypto licensing capital requirements too costly for its business.  Lemon said Brazil‘s new capital requirements were “disproportionate” to the size of its local business, prompting the Argentine crypto app to withdraw rather than finance a licence under the country’s new virtual-asset rules.  About 15,000 users still hold balances through Lemons Brazilian operation. The company plans to contact each customer and provide withdrawal assistance before closing the remaining accounts on Oct. 16, 2026.  New deposits in Brazilian reais have already been suspended. Lemon Card, a Visa payment card introduced with payments infrastructure provider Pomelo only weeks before the closure decision, will stop processing transactions on Sep. 30.  Lemon exits Brazil before the licensing deadline  Brazils framework for virtual-asset service providers, locally known as PSAVs, took effect on Feb. 2. Companies covered by the rules face an Oct. 30 deadline for the first stage of the licensing process.  Under the framework described by Lemon, providers that continue operating without regulatory approval after the deadline face restrictions on serving the Brazilian market. Compliance would require the company to commit more capital to its local entity.  Lemon chose to redirect that money

09-19انڈسٹری

Brazil blocks stablecoins from key cross-border payment rail as $1.1 trillion market faces new limits

Brazils central bank will bar virtual assets, including stablecoins, from settling one specific type of international payment flow starting Oct. 1.  Resolution 561 targets the settlement leg between regulated foreign-exchange providers and their overseas counterparties, requiring that leg to run through a licensed FX transaction or a qualifying non-resident real account.  Individual international transfers using virtual assets remain permitted under Brazils existing framework.ActivityStatus after Oct. 1Why it matterseFX providers netting and consolidating multiple international paymentsStill allowedThe core eFX aggregation model remains intactSettlement between eFX provider and foreign counterparty using stablecoins or other virtual assetsBarredThis is the specific shortcut Resolution 561 removesSettlement through licensed FX transactionAllowedKeeps the flow inside the formal FX systemSettlement through qualifying non-resident real accountAllowedProvides a regulated alternative settlement pathIndividual international transfers using virtual assetsStill allowedShows the rule is not a general stablecoin ban  A gap in stablecoins that the central bank decided to close  Oscar Guillermo Farah Osorio, founding partner at Zanella s 2022 virtual assets law had already given the central bank authority to decide which crypto operations count as foreign-exchange activity, but specific rules never followed, leaving a gap some market participants used to their advantage.  The eFX model these providers operate under lets them bundle many individual payments together,

09-19انڈسٹری

Bitcoin price rebound faces major test at $83K

Bitcoin price rebounded about 6% over the past 24 hours to trade near $81,300, with a short squeeze and improving technical momentum carrying the price to its highest level in two weeks.  Bitcoin price action today  Bitcoin (BTC) price traded at approximately $81,330 at the time of writing after reaching an intraday high near $81,741, according to the daily chart. The move extended a sharp recovery from the $75,000–$76,000 area and erased the losses recorded earlier in the week.  The cryptocurrency gained roughly 6% over 24 hours, outperforming after a week dominated by tighter monetary policy and uncertainty surrounding U.S. crypto legislation.  The rebound accelerated after BTC reclaimed its True Market Mean near $76,660. The move forced traders holding leveraged short positions to buy back Bitcoin as prices moved against them, contributing to more than $250 million in short liquidations over the past day.  Forced buying helped BTC clear resistance at $78,000 and $80,000 before testing the low-$81,000 range. Bitcoin-related U.S. stocks also rallied, with Coinbase, Strategy and Robinhood recording strong gains during Friday trading.  The price recovery came despite the Federal Reserves first interest-rate increase in three years and the failure of the CLARITY Act in the U.S. Senate. Both developments had weighed on sentiment

09-19انڈسٹری

Dtcpay welcomes SBI Group as strategic investor extending Series A to $25M

Singapore payment company dtcpay completed its $25 million Series A funding round, led by Vertex Ventures Southeast Asia & India in April, and now further anchored by Japanese financial conglomerate SBI Group.  The round also drew participation from Genedant Capital and existing investor Kwee Liong Tek.  The investment reflects institutional confidence in dtcpay s vision of making stablecoins as seamless and accessible as traditional financial services, it said on Friday.  “We did not raise this round to sustain what we have built. We raised it to fundamentally change how money moves across borders,” said Alice Liu, founder and CEO of dtcpay.  Dtcpay made a series of early moves in the stablecoin payments space, and now the dtcpay Visa card enables spending across both fiat and stablecoins at more than 150 million merchant locations worldwide.  Payment system for in-store and online transactions  Cointelegraph reported in 2023 that dtcpay had launched a payment system using fiat and cryptocurrencies for in-store and online payments. It followed up in 2024 by reporting that dtcpay phased out support for cryptocurrencies like Bitcoin in favor of stablecoin-only transactions.  The completion of the Series A brings together a diverse group of investors that can contribute expertise as well as funds to drive the companys

09-19انڈسٹری

Crypto ETF flows: Ether loses $141M as Solana gains $61M

U.S. spot crypto exchange-traded products recorded about $70.7 million in combined net outflows during the Sep. 14–18 trading week, as withdrawals from Ether funds outweighed demand for Bitcoin, Solana, and Hyperliquid products.  SummarySpot Bitcoin ETFs ended the week with a modest $6.1 million net inflow after attracting $433 million on Friday.Spot Ether ETFs lost about $140.6 million, extending their weaker flow trend despite a $143.7 million Friday rebound.Solana ETFs took in $60.7 million, led by $47.6 million entering Bitwises BSOL on Friday.Hyperliquid ETFs recorded $3.1 million in weekly net inflows after three positive sessions offset Tuesdays withdrawals.The flows came during a volatile week in which the Federal Reserve raised interest rates by 25 basis points, and Bitcoin later reclaimed $80,000.  According to data from Farside Investors, the four U.S. crypto ETF categories tracked by the firm diverged sharply during the week. Bitcoin products recovered from $746.3 million of combined withdrawals on Tuesday and Wednesday, while Ether ETFs failed to erase their midweek losses.  Solana funds drew fresh capital in four of the five sessions, including their strongest day of the week on Friday. Hyperliquid products also finished positive, although their $3.1 million weekly gain remained small compared with flows into the larger crypto

09-19انڈسٹری

NFT sales fall 15% to $37.5M as Ethereum leads

Global NFT sales volume fell 15.28% to $37.54 million over the latest seven-day period, even as the number of buyer and seller addresses more than doubled.  According to data from CryptoSlam, captured on Sep. 19 with the “7 Days” setting selected, NFT sales declined while participation measures moved sharply higher.  Buyer addresses increased 174.04% to 114,977, while seller addresses rose 151.72% to 108,037. Those figures represent blockchain addresses rather than confirmed individual users.  The number of NFT transactions moved in the opposite direction, falling 9.08% to 808,432. The combination of more active addresses and fewer transactions showed that activity was spread across a larger pool of wallets, though CryptoSlams figures alone do not show whether those addresses belonged to new market participants.  The NFT decline occurred alongside a rebound in the wider crypto market. Bitcoin traded near $81,311, and Ethereum changed hands at approximately $2,647 when the market data was checked. The total cryptocurrency market capitalization stood near $2.79 trillion, according to CoinGecko.  The NFT and cryptocurrency market moves were concurrent, but the available data did not establish a direct causal relationship between them.  Ethereum leads NFT sales with $15.3 million  Ethereum remained the leading blockchain for organic NFT sales, generating $15.32 million during the seven-day period.

09-19انڈسٹری

Crypto VC funding: Kaiko leads $180M week

Crypto and blockchain companies announced at least $180.25 million in disclosed financing across nine deals from Sep. 12 to Sep. 18. Crypto market data provider Kaiko led the week with a $110 million round backed by several major financial institutions.  SummaryNine crypto companies announced funding during the week, with disclosed capital totaling $180.25 million.Kaiko secured $110 million in the weeks largest transaction, led by S&P Global.Fin.com raised $20 million to expand its stablecoin-based cross-border payment infrastructure.dtcpay added $15 million, taking its combined Series A funding to $25 million.Payments, tokenized credit, and institutional infrastructure accounted for most disclosed funding.  Fin.com followed with a $20 million seed round, while stablecoin payment company dtcpay added $15 million to its Series A. Funding activity centered on market data, stablecoin payments, tokenized credit, and institutional financial infrastructure.  Data from Crypto Fundraising and company announcements showed seven deals with disclosed amounts and two investments with undisclosed terms. The total excludes acquisitions announced during the period, including S&P Global‘s purchase of OpenZeppelin and Independent Research Forum’s deal for Nomina.  Kaiko raises $110 million from financial institutions  Kaiko secured $110 million in the largest crypto financing announced during the week. S&P Global led the transaction, with BNP Paribas, Nasdaq, Royal Bank of Canada,

09-19انڈسٹری
1
...
173175
...
1000