Crypto Industry News & Market Trends

'Crypto Mom' Hester Peirce Resigns From SEC Effective Oct 2

Key TakeawaysHester Peirce resigned from the SEC to teach law, shifting a top crypto regulatory advocate to academia.Peirce fought enforcement-first crypto regulation, advocating clear rules to foster market innovation.Her exit leaves the SEC with only two active commissioners, worsening leadership vacancies at the agency.　　SEC Commissioner Hester Peirce To Step Down on October 2　　The U.S. Securities and Exchange Commission (SEC) is about to lose one of its most pro-crypto commissioners ever.　　Hester Peirce, also known as “crypto mom” for her innovative views on crypto regulation, announced she is leaving her current role at the commission to pursue a different path at a law university.　　On Friday, Peirce posted a resignation letter dated September 21 on social media, thanking President Trump for allowing her to serve at the SEC and announcing her resignation effective October 2, declaring her tenure at the institution had been “the honor” of her professional lifetime.　　Discover more　　Daily crypto news　　Secure crypto storage　　financing　　“The United States is exceptional because its unifying thread is a commitment to liberty… That ethos runs through the American securities markets, where innovators meet retail and institutional investors so that together they can build a vibrant economy,”Peirce pointed out in her letter.　　Virginia-based Regent University School of Law announced it

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Ethena unlocks a $150T market - And USDe holders win

Ethena officially kicked off its USDe yield reserve expansion to RWA (real-world asset) basis trading on Friday on the Binance exchange.　　In a statement, the protocol said the move into equity or RWA perps was the –　　Most exciting update to the USDe collateral backing since launch.　　The team first announced final plans for the RWA perps expansion last month, noting that it offers a massive scaling opportunity of +$150T compared to cryptos $2.5T.　　As part of the arrangement, Ethena will use Binances bStocks (Spot tokenized stocks and ETFs) and the USDT-denominated perps versions for both sides of the trade.　　For the unfamiliar, a basis trade involves buying a spot asset and shorting its equivalent perpetual Futures contract to pocket the price difference and funding rate.　　According to Ethena, the Binance equity basis trade has averaged 11% in the past six months, nearly 2x the returns offered on short-term U.S. Treasury bonds.　　Additionally, Binance was chosen as the first platform for RWA-basis trade expansion because of low-risk and strong equity perps (30% monthly growth).　　Importantly, Binance provides lower ADL priority for eligible delta-neutral accounts, including Ethenas, adding another layer of risk mitigation for USDe holders.　　Will USDe yield expansion boost ENA？　　USDe is Ethenas main flagship synthetic stablecoin product that

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Why XRP's Best Q3 in 4 Years Will Not Save Bulls This October

The cryptocurrency market is entering the fourth quarter (Q4) amid expectations of a traditional rally known as “Uptober.” Investors are counting on an immediate surge across all major crypto assets, but Ripples “North Star,” XRP, appears set to follow its own path.　　You Might Also Like　　Discover more　　Compare Exchange Rates　　Fintech investment reports　　Bitcoin investment guide　　Historical metrics by CryptoRank and the current technical picture on TradingView charts point to a paradox: the best Q3 close in four years may not save the bulls from a prolonged pause in October.　　Solana (SOL), Zcash (ZEC), Chainlink (LINK) and Cardano (ADA) Price Analysis For September 26: Market Retains Bullishness　　‘Crypto Mom’ Hester Peirce Announces Official Resignation　　Whats wrong with expectations for an XRP in “Uptober”？　　The markets main catalyst was a strong third-quarter close. Amid a large influx of capital into U.S. spot ETFs, the token posted a return of +48.1%, its best Q3 performance since 2022. XRP settled at $1.54, fully erasing its first-half losses and flashing a bullish signal on the weekly timeframe.　　However, that rapid surge also created local overbought conditions, which could leave the bulls stuck in consolidation. Septembers rally was driven in large part by a short squeeze, or the forced closure of short positions.　　XRP quarterly performance

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Jito jumps 16% on Asian expansion news – Are JTO shorts in trouble？

Jito price rallied 16% as the ecosystem developments reinforced its Solana presence, with a sharp rise in trading activity accompanying JTOs recovery.　　Jitos Block Assembly Marketplace (BAM) hit its one-year mainnet milestone, providing another catalyst behind the renewed market attention.　　Besides, JitoSOL meanwhile broadened its Asian presence through PDAX in the Philippines and Naver Pay in Korea.　　These developments therefore widened access to Jitos liquid-staking ecosystem as JTO climbed rapidly during the recent session.　　Additionally, its spot trading volume also pumped 114.22% to nearly $78 million as participation expanded with the price advance.　　JTOs recent rally extended its recovery toward an important technical area, as the derivatives traders also increased their exposure as the rally unfolded.　　Fresh leverage follows JTO higher　　The derivatives activity also advanced sharply as investors positioned around JTOs accelerating price recovery.　　Firstly, derivatives volume pumped 107.04% to $135.90 million, reflecting stronger speculative activity during the advance.　　Additionally, the Open Interest also surged 28.96% to $55.53 million, validating the narrative that investors added fresh exposure.　　The long positioning, on the other hand, also strengthened among Binances top traders, with the accounts recording a 1.4414 Long/Short ratio. Their positions showed an even stronger ratio at 2.3462.　　However, the broader 24-hour positioning still remained more balanced, with the overall Long/Short

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15 Institutions Spoke to Bitwise: More Crypto Buyers May Be Coming

Key TakeawaysNone of the 15 interviewees reduced its crypto allocation during the market decline.Several investors without positions were in advanced due diligence.Bitwise expects a majority of institutional investors to hold crypto within five years.　　Institutions Held Through the Sell-Off as Others Weighed Buying　　Some of the world‘s largest institutions held their crypto allocations through a roughly 50% market decline between October 2025 and April 2026. None of the 15 interviewed by Bitwise reduced its allocation during that period, and several bought more, according to the firm’s institutional crypto adoption report published Sept. 23. The interviews were conducted between late March and April.　　Potential buyers were also part of the group. Several participants who had yet to allocate were in advanced due diligence, while multiple sovereign wealth funds were actively examining sizable positions. Their decisions may take longer to appear in public holdings: One sovereign investor told Bitwise that building the legal and regulatory infrastructure for an allocation could take more than a year.　　The investors‘ willingness to hold during a decline helped shape Bitwise’s outlook. None named a price drop as a reason it would sell. An investment consultant described the longer-term view:　　Discover more　　Bitcoin mining hardware　　Crypto exchange comparison　　Fintech investment reports　　“If the thesis is right,

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Strategys STRC plan could bring 365 dividend record dates – Details

After making a comeback by adding more Bitcoin [BTC] to its treasury, Michael Saylors Strategy is proposing to change how dividends are accrued and paid on its preferred securities—STRF, STRC, STRK, and STRD.　　With this change, Strategy wants to move from monthly, semi-monthly, or quarterly dividend schedules to a system where the dividend accrues every calendar day, including Saturdays, Sundays, and U.S. market holidays.　　The accumulated amount would then be paid on the next business day, which Strategy refers to as the next evolution of its “digital credit” products.　　What is this proposal all about？　　Additionally, the proposal aims to make Strategys preferred securities more like liquid cash/yield instruments by using daily dividend accruals to reduce price volatility, improve liquidity, and potentially boost demand.　　For STRC, Strategy aims to keep the price near its $100 par value through share sales above $100 and buybacks below $100.　　This came after the company shifted from monthly to semi-monthly dividends, which reduced ex-dividend price drops from 49 to 36 basis points. And further expects daily accruals could further reduce volatility, though this is not guaranteed.　　However, if at all this happens, STRC would move from 24 record dates a year to 365, or 366 in leap years, while STRF, STRK,

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Grayscale Files for Zcash Income ETF With Planned Biweekly Payouts

Key TakeawaysGrayscale filed the proposed ZCSH High Income ETF on Sept. 25.The fund intends to make distributions every two weeks.Selling call options could limit its gains during a zcash rally.　　New Fund Would Use Options on Grayscales Zcash ETF　　Investors seeking income tied to zcash could get a new exchange-traded fund if Grayscales proposal moves forward. In a prospectus filed Sept. 25, the asset manager outlined the ZCSH High Income ETF, which would trade options linked to zcash exchange-traded products (ETPs) and aim to make distributions every two weeks.　　The proposed fund is separate from Grayscale‘s existing zcash ETF, which trades under the ticker ZCSH and holds ZEC. The income fund’s prospectus lists its ticker and exchange as pending. Its investors would own shares in a fund using options rather than shares in the existing ZCSH product or ZEC itself.　　The proposal follows the Aug. 25 launch of ZCSH on NYSE Arca. Options on its shares began trading Sept. 8, according to the new filing. Grayscale plans to use those contracts to build the income funds exposure, giving the proposal a different purpose from the ETF that holds zcash.　　Discover more　　Crypto trading course　　Blockchain consulting services　　Financing　　How the Income Strategy Would Work　　To pursue both zcash exposure and

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Aaves RWA footprint expands as commodity deposits hit $133M

The broader DeFi presence around AAVE strengthened as founder Stani Kulechov supplied another $4.77 million in AAVE liquidity to the Uniswap decentralized exchange.　　This supply introduced deeper market liquidity as AAVE continued recovering from its June local low around the $58 demand zone.　　Beyond Kulechovs liquidity deployment, another development reinforced the ecosystem outlook.　　Reportedly, tokenized commodities deposited across DeFi reached $133.3 million, with Aave holding $51.3 million across V2, V3, and V4.　　Combined, Aave and Uniswap represented around 86% of those reported tokenized commodity deposits.　　The concentration reflected Aaves expanding role as tokenized real-world assets continued expanding across the decentralized platforms.　　This stronger ecosystem activity, however, emerged as the token approached a critical technical zone after its substantial price recovery.　　Hence, whether ecosystem demand could absorb additional available supply therefore became increasingly significant for the next price leg.　　Rising reserves test AAVE demand　　Contrastingly, the supply conditions provided a clear counterweight to the improving fundamental backdrop.　　According to CryptoQuant, AAVE exchange reserves jumped 7.59%, bringing the total dollar-denominated value held across exchange wallets to approximately $415.2 million in 24 hours.　　Generally, higher exchange availability usually increases potential selling pressure in case holders move toward realizing gains from the price recovery.　　That selling pressure concern carried additional relevance after the token climbed approximately

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Grayscale Files ZCSH High Income Zcash ETF

Grayscale filed a registration statement with the U.S. Securities and Exchange Commission on September 25 to register the ZCSH High Income ETF, an actively managed fund designed to earn income by trading options on Zcash exchange-traded products rather than buying the privacy coin directly. In a post-effective amendment to its Form N-1A registration statement, Grayscale Funds Trust proposes that the filing take effect 75 days after submission, around early December, and the prospectus does not yet assign a ticker or an exchange.　　A synthetic covered-call strategy on Zcash funds　　The fund seeks current income while keeping prospects for capital appreciation through a synthetic covered-call strategy built on ZEC exchange-traded products, primarily The Zcash ETF (ticker: ZCSH). The filing says the fund will invest at least 80% of its net assets, plus borrowings for investment purposes, in options contracts that use a Zcash exchange-traded product as the reference asset, valuing each derivative at its notional amount. It plans to write, or sell, call options to collect premiums, while pairing bought calls with sold puts to replicate the underlying funds price movements. The 80% policy is non-fundamental and can be changed with at least 60 days of written notice.　　Indirect exposure, no direct ZEC holdings　　The

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OpenAI and Anthropic discover AI safety incidents on a scale far beyond what theyve disclosed

OpenAI and Anthropic are investigating tens of thousands of cases where frontier AI systems acted in ways outside reviewers could consider unsafe or unauthorized.　　All of these cases happened during recent internal tests and field use, Axios reports, and many of them are still being investigated and are not yet out in the open.　　Behavior reported in these cases ranges from models overcoming safety measures, creating their own message boards, breaking out of sandboxing environments, controlling websites, developing their own prompts, and attempting to circumvent monitoring tools.　　Some of these cases come from red teaming, where researchers try to make models do something undesirable on purpose in order to uncover any weaknesses.　　Discover more　　NEWS　　Crypto trading course　　Choose POS Systems　　Other cases occurred during regular usage. The number of such incidents is vastly greater than anything that has been made public to date.　　At this point, companies like OpenAI, Anthropic, and others are facing the same challenge: people are putting constraints on systems which are capable of pursuing an objective despite the constraints hindering them in some way.　　OpenAI expands its review after agents reach outside systems and trigger new security questions　　OpenAI said Friday that it had opened an “extensive” review of model activity after the July Hugging Face

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