Latest Crypto News & Market Updates

Bitcoin leaves Binance at fastest daily pace in three years

Bitcoin has seen its largest single day net outflow from Binance since 2023, with more than 13,800 BTC leaving the exchange as the cryptocurrency holds above $84,000 following its latest rally.　　CryptoQuant analyst Darkfrost said on Sept. 25 that withdrawals have dominated recent activity on Binance, which holds around 30% of the Bitcoin available across exchanges accessible to different types of investors.　　Binance sees record Outflows since 2023 amid Bitcoin FOMO ????　　Bitcoin has entered a bullish dynamic thats different from previous rebounds. Since its high in July, BTC has delivered a performance of roughly 45%. This rally notably broke through an important structural point,… pic.twitter.com/jIqyIvdKXt　　— Darkfost (@Darkfost_Coc) September 25, 2026　　The seven day average netflow has fallen to roughly negative 2,000 BTC, while Binance recorded more than 13,800 BTC in net withdrawals during the latest daily reading. The analyst described it as the exchanges largest net outflow day in three years.　　Binances Bitcoin reserves fell from around 705,000 BTC to 685,000 BTC over four days, removing roughly 20,000 BTC from the exchange during that period.　　CryptoQuants chart showed the latest outflow reaching levels last seen in 2023. Bitcoin was trading near $84,300 when the data was recorded, having climbed roughly 45% from its July levels.　　Bitcoin

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Tether says EQIBank exposure below 0.034% after U.S. seizure

Tether has confirmed that it holds assets at offshore banking partner EQIBank, while saying the exposure represents less than 0.034% of group assets as the bank contests a major U.S. seizure.　　The Information reported that Dominica-licensed EQIBank had provided banking services to Tether, including processing wire transfers connected with purchases and redemptions of USDT. Tether confirmed the relationship in a written response and said it did not know about the conduct U.S. prosecutors have alleged against payment provider Capstone Ltd.　　Exclusive: Tether has some funds stuck at one of its offshore banking partners, which is facing liquidation risks after U.S. seizure of assets.　　Tether said its assets held at the bank, EQIBank, are limited and represent less than 0.034% of its assets. 　　Story with…　　— Yueqi Yang (@Yueqi_Yang) September 24, 2026　　“Tether had no knowledge of the conduct by Capstone alleged by the Department of Justice,” a Tether spokesperson told The Information. The company said assets held at EQIBank were limited to “less than 0.034% of the assets of the group.” Tether did not disclose the exact dollar amount.　　Tether says its EQIBank exposure remains limited　　Applying Tether‘s 0.034% ceiling to its latest published quarterly asset total provides only an upper-bound reference, not a disclosed deposit balance.

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KelpDAO sues LayerZero over $292M rsETH exploit

KelpDAO has sued LayerZero and co-founder Bryan Pellegrino in British Columbia over the April 18 exploit that drained 116,500 rsETH worth approximately $292 million.　　KelpDAO said on September 24 that Evercrest Technologies Inc., the legal entity behind Kelp, filed the action to address what it describes as failures connected to LayerZero‘s infrastructure. Kelp’s current terms identify Evercrest Technologies Inc. as the company providing the Kelp application.　　Today we filed a lawsuit against LayerZero and its co-founder, Bryan Pellegrino, to right the wrongs associated with the exploit of rsETHs LayerZero bridge earlier this year. For more details, please refer to the statement below.https://t.co/gPQTPeM0Zh　　— Kelp (@KelpDAO) September 25, 2026　　The complaint, according to KelpDAOs public account, alleges that LayerZero failed to disclose weaknesses and risks in its technology and failed to stop attackers from penetrating security infrastructure used by its verifier. No court has ruled on those allegations.　　Pellegrino disputes the case. He called the claims “meritless” and said he would defend himself and LayerZero in Vancouver. Current reporting confirms the civil claim names both LayerZero and Pellegrino personally.　　KelpDAO says LayerZero approved its bridge setup　　KelpDAO‘s case centers partly on the configuration of the rsETH bridge. The protocol says LayerZero had reviewed and approved its deployment and

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Indian Rupee cushioned by RBIs likely intervention, outlook remain fragile

The Indian Rupee (INR) gains a temporary ground against the US Dollar (USD) on Friday after remaining under pressure in the past few days. The USD/INR pair struggles to extend gains above 95.96 on the likely Reserve Bank of Indias (RBI) intervention.　　According to a Reuters report, Indias central bank likely sold US Dollars before the ‌local spot market opened on Friday, four traders told, helping the Indian rupee hold ⁠stronger than the key psychological 96-per-dollar level.　　However, the mild strength in the Indian Rupee appears to be short-lived as United States (US) Treasury Yields continue to rally due to elevated energy prices and Federal Reserves (Fed) higher-for-longer interest rate narrative.　　In the opening trade, the MCX Crude Oil contract expiring on October 19 trades 2.3% lower to near Rs. 8,950, but has gained sharply in the last two trading days. Meanwhile, 10-year US Treasury Yields are close to its 19-year high of 5.23% posted on Thursday.　　The appeal of riskier assets, such as equities and currencies, like the Indian Rupee, gets diminished, in a high US bond yields environment.　　US yields surge as markets reprice Feds rate path　　Analysts at MUFG highlight that the “dominant market theme remains the relentless rise in US yields and

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‘Only hedge funds, retail sold’ — Will BTC sustain rally as Bitcoin ETF flows turn positive？

U.S Spot Bitcoin ETFs have been on a winning streak for the past five days, effectively hauling in $2.65B in net inflows.　　The strong demand has flipped the ETF positive on a year-to-date (YTD) basis and lifted BTCs price to an eight-month high of $87K. However, the bullish momentum is still facing renewed bond market pressure and a potential Fed rate hike in October.　　Can Bitcoin ETF demand survive macro pressure？　　This weeks massive Spot BTC ETF demand turned YTD flows positive with $349M, according to Galaxy Research data.　　On Monday alone, the ETF complex attracted $1B in daily inflows. On Tuesday, they hauled in another $714M, with these figures dropping slightly on Wednesday to $346M.　　Discover more　　Crypto trading course　　Blockchain development tools　　Digital payment systems　　Source: Galaxy Research　　Overall, the ETF complex pulled in $2.65B. Out of the $2.65B demand seen over the past five days, BlackRock drove half of the ETF flows.　　In fact, even Bloomberg analyst James Seyffart noted that the recent traction could soon help the cumulative flows (aggregate demand since inception) turn positive too.　　Since last October, the cumulative flows had dipped by $12B (77.8K BTC). However, the rebound has now erased it by half. The cumulative flows, or total BTC held by the ETF complex,

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AxLabs releases Simple Agent Wallet for autonomous AI payments across EVM, Solana, Hedera

AxLabs has released its Simple Agent Wallet, a command-line wallet designed for AI agents to autonomously pay for resources across multiple blockchains using the x402 payment protocol, with Neo X as a supported settlement chain. The open-source tool, now at v0.3.1, enables agents to inspect and execute payments without human intervention.　　Traditional crypto wallets assume a human is present, with browser extensions that open popups and mobile apps that require a tap to confirm. For AI agents operating programmatically, these interaction models create friction that effectively blocks autonomous commerce. SAW addresses this by providing a wallet built entirely around CLI workflows and scriptable payment flows.　　Agent-native design　　SAW‘s core workflow follows an inspect-then-pay pattern: saw inspect decodes an HTTP 402 payment requirement so an agent can evaluate the cost and terms, then saw pay --confirm signs and executes the transaction. Private keys are stored locally in a permissions-locked wallet file, and secrets are accepted only through stdin or environment variables, never as CLI flags, which could leak into process lists or shell history. AxLabs said in it’s tweet:　　“Agents shouldn‘t have to wait for a human to click ’confirm to get work done.”　　The wallet also includes preflight balance checks, optional encryption, and native support

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New York Sues Polymarket, Calling Prediction Market an Illegal Gambling Operation

New York Attorney General Letitia James and Governor Kathy Hochul on Thursday filed a lawsuit against crypto-based prediction market Polymarket, accusing the platform of running an unlicensed gambling operation in the state.　　An investigation by the Attorney General‘s office concluded that these markets meet New York’s legal definition of gambling because users stake money on uncertain outcomes they cannot control.　　Polymarket never obtained a license from the New York State Gaming Commission, the suit alleges, and so avoided the taxes that licensed casinos and mobile sportsbooks pay. That revenue helps fund public schools, youth sports programs and problem gambling treatment.　　The suit comes as regulators like the Securities and Exchange Commission and the Commodity Futures Trading Commission are working to regulate crypto-powered prediction markets.　　Polymarket and rival Kalshi argue they arent gambling sites at all, but rather federally regulated exchanges offering “event contracts,” a type of derivative, which would put them under the Commodity Futures Trading Commission rather than state gaming laws.　　The CFTC agrees, and it has joined the fight on the platforms side. In 2026 it sued nine states, arguing that it should have exclusive nationwide authority over the industry.　　Thursdays complaint also says the platform is open to users aged 18 to 20,

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U.S. Federal Reserve moves on proposals to implement GENIUS Act for stablecoins

The U.S. Federal Reserve proposed two rules on Thursday that would accomplish its part of the multi-agency work needed to establish stablecoin issuer oversight under the Guiding and Establishing National Innovation for U.S. Stablecoins ($GENIUS) Act.　　These proposals, which are now open for 60-day public comment periods, would establish the legal safety net behind the tokens being issued and would set up the procedures for Fed-regulated banks to issue stablecoins. Last years $GENIUS Act required the U.S. banking regulators and Treasury Department to put regulations in place by July of 2026, meaning the agencies are all well past the legal deadline, though theyve made significant progress in recent months.　　The Feds regulatory approach also echoes the Office of the Comptroller of the Currencys own proposal where it addressed the laws ban on issuers paying interest or yield for holding stablecoins.　　“Under the proposal, certain types of arrangements involving third parties would be presumed to be prohibited payments of interest or yield,” the Fed wrote, noting that its approach is consistent with the OCCs. Though the regulations arent final, the agencies seem to be allowing a very narrow approach by crypto platforms to offer stablecoin rewards akin to credit-card incentive programs.　　The question of how

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Useless Coin drops 13% as $1.68M unlock adds pressure – Will $0.29 hold？

As the weak market conditions and sector rotations pressured high-beta assets, Useless Coin [$USELESS] declined 13.19% over the last 24 hours at press time.　　The price fall emerged alongside a broader crypto market correction, which reduced risk appetite across the weaker-performing assets. Besides the price decline, $USELESS also recorded a 23.73% decrease in trading volume within the same 24-hour period.　　This lower volume suggested that market participation contracted as the token lost part of its weekly parabolic gains. Meanwhile, capital rotated toward stronger-performing sectors, leaving the meme narrative with less support during the broader pullback.　　The selloff, therefore, reflected a wider market weakness alongside the declining participation instead of an isolated token-specific development.　　Fresh supply adds another pressure point　　Additionally, a $1.68 million supply unlock introduced another challenge as the memecoin navigated the broader market-driven decline.　　In particular, Coinbase Prime Custody and Cold Storage unlocked 5.6 million $USELESS into circulation. Reportedly, a portion of the unlocked supply was immediately moved toward trading venues capable of increasing available market liquidity.　　Notably, approximately 1.53 million $USELESS, worth roughly $465,000, went directly towards Wintermutes market-making engines. An additional 721,000 $USELESS tokens, valued around $210,000, landed on Gate.io to deepen the resting spot books.　　These deposits introduced accessible liquidity as the trading

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HYPE slips from $98 record high: are whales about to trigger a deeper selloff？

Hyperliquids $HYPE price has fallen more than 3% over the past 24 hours on September 24 as renewed Multicoin Capital transfers to Coinbase Prime raised selling concerns.　　CoinGecko showed $HYPE trading near $93.80 at the time of writing, after the token fell from above $96 and briefly traded below $92 during the day.　　Despite the pullback, $HYPE remained up 18.4% over the past seven days and 16.1% over 30 days.　　The decline followed a run to a record high of $97.98 on September 23. $HYPE had gained roughly 25% from its September 17 level near $78 before sellers emerged just below the psychological $100 level.　　Selling concerns picked up after onchain analytics platform Lookonchain reported that Multicoin Capital transferred another 130,331 $HYPE, worth $12.15 million, to Coinbase Prime after pausing such transfers for one week.　　Multicoin Capital has deposited roughly 4.23 million $HYPE worth $285 million to Coinbase Prime since July 28, according to Lookonchain.　　Transfers to Coinbase Prime do not confirm that the tokens were sold, as the platform provides institutional custody and execution services, but the latest deposit returned attention to the amount of $HYPE being moved by the large holder.　　Potential supply from other large holders has come into focus as well. Lookonchain reported

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