Illustration of traders on a stock exchange floor watching crypto ETF charts amid a government shutdown, with Capitol building closed in the background.

New crypto ETFs debut amid government shutdown

Chris Blake AI द्वारा उत्पन्न छवि

Exchange-traded funds targeting smaller cryptocurrencies like Solana, Litecoin, and Hedera launched this week on major US exchanges, despite an ongoing government shutdown. The Bitwise Solana Staking ETF saw strong initial trading volume, marking the start of a broader wave of altcoin products. Issuers proceeded with listings as the Securities and Exchange Commission approved several under a more favorable regulatory environment.

Fintechs and nonbanks pursue crypto custody charters

As cryptocurrency integrates into mainstream finance, fintechs, nonbanks, and tech giants are competing for federal and state trust charters to handle custody services. This arms race highlights the shift from decentralized key control to regulated institutional standards. IBM's recent announcement underscores the growing normalization of crypto custody.

Trump media partners with crypto.com for prediction markets

Chris Blake

Trump Media & Technology Group, owner of Truth Social, has announced a partnership with Crypto.com to integrate prediction markets into its platform. The deal allows users to place bets on events including political elections, inflation changes, and sports across major leagues. This move positions Truth Social as the first social media platform to embed such betting capabilities directly in its app.

Illustration of Donald Trump with crypto charts and money stacks, highlighting Reuters report on $864 million earnings.

Reuters report details Trump family's $864 million crypto income

Chris Blake AI द्वारा उत्पन्न छवि

A Reuters investigation reveals that the Trump Organization earned $864 million in the first half of 2025, a 17-fold increase from the previous year, with over 90% stemming from cryptocurrency ventures. The report highlights sales of World Liberty tokens and the $TRUMP meme coin as key drivers. It raises concerns about self-enrichment and ties to investors with legal histories.

Top US crypto exchanges recommended for 2025 investors

A 2025 guide highlights Coinbase, Kraken, and Crypto.com as leading cryptocurrency exchanges for US users, emphasizing regulatory compliance, low fees, and user-friendly features. Tailored for beginners and active traders, the recommendations consider state availability and advanced tools like staking and derivatives. The analysis underscores transparency through audits and proof-of-reserves practices.

Crypto market liquidation exceeds $217 million in 24 hours

Chris Blake

The cryptocurrency market experienced a sharp downturn, with over $217 million in positions liquidated within 24 hours. Traders were caught off guard as Bitcoin and Ethereum saw significant losses, driven by high leverage and rapid price swings. This event highlights the volatility inherent in digital assets.

Federal Reserve Chair Jerome Powell speaks at a press conference amid falling cryptocurrency charts, illustrating rate cut announcement and tempered expectations.

Fed cuts rates but Powell tempers December cut expectations

Chris Blake AI द्वारा उत्पन्न छवि

The US Federal Reserve cut interest rates by 0.25% to a range of 3.75%-4.0% on Wednesday, as expected. However, Chair Jerome Powell's hawkish comments during the press conference cast doubt on a further cut in December, triggering a selloff in crypto markets. Bitcoin fell below $110,000, while Chainlink experienced volatility before a partial rebound.

Binance expands partnership with Trump family's crypto venture

Chris Blake

International cryptocurrency exchange Binance has announced an expansion of its partnership with World Liberty Financial, the Trump family's startup. This development follows closely after President Donald Trump pardoned Changpeng Zhao, Binance's convicted founder, less than a week ago. The move highlights ongoing ties between the Trump family and the crypto industry.

Austrac fines crypto ATM operator Cryptolink in scams crackdown

Australia's financial crimes regulator AUSTRAC has fined cryptocurrency ATM operator Cryptolink $56,340 as part of efforts to combat scams and money laundering. The action highlights growing concerns over crypto ATMs, which have been linked to significant losses for victims, including elderly Australians. While new restrictions were imposed in July, advocates continue to call for an outright ban.

 

 

 

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