Crypto News

The solemn guardians of American finance, the U.S. Securities and Exchange Commission (SEC) and the U.S. Commodity Futures Trading Commission (CFTC), have at long last decided to sit together and try to remember why they were fighting in the first place. At a Joint Roundtable on Regulatory Harmonization Efforts on September 29, SEC Chair Paul S. Atkins bewailed the “fragmented oversight” that apparently drove innovation away – as if entrepreneurs were simply waiting around for permission from their favorite overlords.

TraderButWhy, the X account that’s basically crypto’s agony aunt, dropped a bomb on Sept. 29: ZEC/BTC just left its logarithmic descending channel since 2017. That’s like saying your grandma finally learned TikTok dances-surprising, chaotic, and slightly concerning. The trader also called Zcash a “problem child” who’s hurt him “far too many times.” Classic drama queen energy. 🧥

In a recent chart, signs of weakening momentum appeared not long after WLD topped above $2.40. As the price declined, the 4-hour chart began to show a pattern of lower highs, signaling that sellers were steadily regaining control. Despite brief relief rallies, the broader market structure has remained bearish, keeping the token pinned closer to local support levels. 📉📉

As the mighty Russia and the ever-politicized EU played tug-of-war with the little nation of Moldova, Telegram, crypto, and Web3 were *accidentally* thrust into the role of secret agents. Can you feel the plot thickening? The idea that these newfangled technologies could disrupt the very foundation of democracy? Mind-boggling, isn’t it? 😅

On Monday, the luminaries of the House of Representatives and Senate are to gather in the presence of President Donald Trump, a man not known for his penchant for compromise. Their task? To avert this impending catastrophe. Yet, the Republicans, though holding the majority in both chambers, find themselves in need of additional support to pass a temporary funding bill. The Democrats, ever the negotiators, demand a reversal of the healthcare cuts from the “One Big, Beautiful Bill” signed in July. Oh, the intricacies of politics! 🧐

Bitcoin, that stubborn mule, kicked up 4.5% in 48 hours, reclaiming $114,000 like it owned the place. 🐎💨

These rulings will test whether the SEC is willing to extend its patronage beyond Bitcoin and Ethereum, both of which have been granted the sacred privilege of ETF status. Traders, ever the optimists, are betting that “theory will finally meet practice” this October, though one suspects the SEC’s definition of “practice” may involve a lengthy coffee break. ☕

Ah, the heady world of investment firms. DL Holdings (1709) announced a solemn pact to part with HK$320 million (read: $41 million) on shiny new bitcoin mining rigs from Bitmain, the gadget wizards of the crypto realm. Their prize? To become Hong Kong’s alpha miner-publicly listed and ravenous-as soon as the next couple of laps around the sun.

So here’s the thing: Bitcoin, the king of crypto, can’t really be copied – or so says Marcus. But Hamilton, ever the skeptic, is wondering why reinvent the wheel when XRP is already zooming around with a shiny new car? Marcus, ever the defender, argues that Bitcoin is unique and irreplaceable. Sure, whatever helps you sleep at night. And as for neutrality in digital money, well, according to Marcus, Bitcoin’s got that covered.

With the network feeling a bit like a ghost town and speculative flows running dry, the burning question remains: Is this the beginning of Solana’s slow death, or just a temporary blip before it roars back to life like a crypto lion? 🦁