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U.S. rapper Kanye West deposited 1,445 ETH worth $3.91 million from AAVE to Binance today, according to ai_9684xtpa. It marked the first such transfer since October 2025, and exchange deposits are typically interpreted as a sign of intent to sell.

Morgan Stanley has established a Digital Asset Lab to test stablecoins, asset tokenization and decentralized finance, or DeFi, technology, Bloomberg reported. The lab is designed to validate technologies in a segregated environment with security and regulatory safeguards so new blockchain systems do not affect the bank’s core infrastructure. Morgan Stanley plans to use the lab to test not only stablecoins, but also tokenized deposits, central bank digital currencies, or CBDCs, and tokenized money market funds, or MMFs.

David Wells, CEO of Ondo Perps, Ondo Finance’s RWA-based perpetual futures exchange, said it makes sense to consider entering the U.S. market, according to The Block. Wells said there is a significant opportunity in the U.S. perpetual futures market and that it is reasonable for Ondo to review that market. However, Wells added no U.S. launch plan has been finalized, and any perpetual futures service offered in the United States would likely differ in structure from products available in other countries.

Aiden Pleterski, who has called himself Canada’s “Crypto King,” will represent himself without a lawyer in a jury trial that began in Toronto on Sept. 28, Decrypt reported. Pleterski faces charges of fraud and laundering the proceeds of crime. Pleterski received about $40 million from investors under the pretense of cryptocurrency and foreign-exchange investments, but a bankruptcy trustee’s investigation found less than 2% of that amount was actually invested and about $16 million was spent for personal use, according to Decrypt. Pleterski denies the allegations, and the criminal charges have not resulted in a conviction.

Jamaica’s parliament is discussing the Virtual Assets Service Providers Act, a bill that would establish a formal licensing and supervisory framework for virtual asset businesses such as crypto exchanges, Bitcoin.com reported. The Jamaican government had previously pushed the creation of a regulatory framework for virtual assets and VASPs as a key financial regulatory reform task. If passed, the bill would require any business providing virtual asset services to users in Jamaica to obtain a license from the Financial Services Commission, regardless of where the business is based. The measure would also impose obligations including know-your-customer checks, transaction monitoring, suspicious transaction reporting, and compliance with the travel rule, which requires the sharing of sender and recipient information.

El Salvador’s government is building Sivar, an app that supports remittances using dollar-pegged stablecoins, Bloomberg reported. The app runs on Coinbase’s Base network and will charge a $2 fee for digital dollar transfers from the United States to El Salvador regardless of the amount sent. Nana Murugesan, CEO of Sivar developer Modveon, said El Salvador continues to use Bitcoin as a reserve asset and store of value while opting for faster, cheaper stablecoins for moving funds.

Greece has produced its first businesses registered under the EU’s Markets in Crypto-Assets regulation, Cointelegraph reported. The Greek entities currently registered with the European Securities and Markets Authority, or ESMA, are BCash, Xenios Blockchain Group, Capital Wallet Greece and Piraeus Bank. Meanwhile, Greece’s Hellenic Capital Market Commission fully denied reports that European Central Bank President Christine Lagarde intervened in Binance’s Greek MiCA licensing application process.

The spot CVD chart is an order book analysis of the BTC/USDT spot trading pair. The upper panel shows the volume heatmap, while the lower panel shows cumulative volume delta, or CVD. - The volume heatmap tracks trading volume at each price level, and the background becomes brighter when the price stays in a specific range for an extended period or makes a large move. Brighter zones may act as support or resistance. - The CVD indicator tracks buy and sell orders by capital size, with each colored line rising as buy orders increase for that segment. The yellow line represents orders between $100 and $1,000, while the brown line represents large orders between $1 million and $10 million, among others.

Former U.S. Commodity Futures Trading Commission Chairman Rostin Behnam said Congress needs to establish clearer and more durable legal standards for regulating cryptocurrencies and prediction markets, according to Crypto in America. Speaking at Georgetown University’s Financial Markets Quality Conference, Behnam said the rapid growth of prediction markets has increased the need to draw a clearer line between financial products used for risk management and gambling. With Senate discussions on the CLARITY Act, a digital asset market structure bill, failing to make progress, Behnam said regulating the crypto spot market under the CFTC’s existing authority amounts to a stopgap measure. The current approach is little more than a patchwork fix using tape and clips, he said, adding that a clearer long-term regulatory framework is needed.

U.S. macroeconomist Lyn Alden said Bitcoin could eventually rise above $840,000 over the long term. Alden argued BTC could climb more than 10-fold from current levels, adding that Bitcoin’s current market size remains small relative to its long-term potential value and that a scenario in which it accounts for about 2% of global liquid assets is plausible.

ETH perpetual futures open interest on decentralized derivatives exchange Hyperliquid has surpassed BTC, with ETH OI at around $3.02 billion versus roughly $2.8 billion for BTC.

Bitcoin is facing resistance in the $84,000-$85,000 range, where long-term holders are most heavily concentrated, according to a Glassnode analysis. In a post on X, Glassnode said sustaining the uptrend would require BTC to break through that range and hold above it. The chart showed the average MVRV price, or the level at which aggregate BTC holder returns are in line with the historical average, at $96,900, while the true market mean, or the average cost basis of more actively trading investors, stood at $77,200.

A rise in the U.S. 10-year Treasury yield to 6% would not necessarily be negative for BTC if it is driven by concerns over fiscal deficits and government debt, according to a CoinDesk analysis. Markus Thielen, founder of 10x Research, said higher Treasury yields tend to weigh on BTC when they rise because of Federal Reserve rate hikes, but the impact differs when yields climb on fiscal instability. Thielen said the 10-year yield could rise to 6% in the coming months. CoinDesk said yield increases tied to fiscal instability could instead support alternative assets such as BTC. The outlet added that BTC fell 64% in 2022 amid the Fed’s aggressive tightening, but has roughly doubled since late 2023 while the 10-year yield rose 1.35 percentage points. CoinDesk said downside pressure similar to 2022 could reappear if the Fed resumes aggressive rate hikes.

Citi said it has launched Citi Token Services, its corporate tokenized deposit service, in Japan and the United Arab Emirates. The launch allows clients in Japan to transfer funds instantly to accounts in markets where the service is already available, including the U.S., the UK and Singapore. In Japan, the service supports USD, and cross-border transfers are available 24/7.

Bitcoin logged daily closes below its 200-day moving average for 293 straight trading days before forming a golden cross on Sept. 8, Binance Research said. The firm said six of the 12 past golden crosses came after BTC had stayed below the 200-day moving average for at least 150 days. In those cases, Bitcoin rose about 100% to 600% at its peak within a year of the golden cross. By contrast, in four of the other six cases, where the period below the 200-day average was relatively short, the maximum gain within a year remained under 100%, according to Binance Research. The firm added the current pattern most closely resembles the golden cross seen in October 2015, after which BTC climbed about 150% at its peak.

Bitmine could secure 5% of Ethereum’s total supply by early November if it maintains its recent pace of purchases, Cointelegraph reported. Analyzing 12 weekly reports from July 13 to Sept. 28, the outlet said the Ethereum accumulation firm bought about 259,000 ETH over that period, or an average of 21,600 ETH per week. As of Sept. 27, Bitmine held 6,001,302 ETH, equal to 4.9% of total supply of 122.1 million ETH. Reaching 5% would require about 6.105 million ETH, leaving roughly 103,700 ETH to go. At the average buying pace of the past 12 weeks, that would take about 4.8 more weeks, although the actual timing could vary depending on the size of future purchases.

Binance announced it will delist the AUCTION/USDC and VANA/USDC spot trading pairs at 3:00 a.m. UTC on Oct. 2.

The schedule for a public hearing on South Korea’s Framework Act on Digital Assets, which had been discussed for Sept. 30, has not yet been finalized, Asia Today reported, citing industry sources on Sept. 29. Political circles had initially discussed a timeline under which a public hearing would begin in September, followed by a review by a bill subcommittee in November and passage of the digital asset bill during the regular National Assembly session. However, with the government’s proposal submitted later than expected, the process has run into delays from the public hearing stage. With the National Assembly’s annual audit set to begin on Oct. 6 and continue for about three weeks, the public hearing and related bill discussions may slip to after November, according to the report.

Bithumb announced it will temporarily suspend deposits and withdrawals for 33 virtual assets on the Base network at 9:00 a.m. UTC on Sept. 30 to support the network’s upgrade.

Crypto-linked unregistered foreign exchange trading detected over the past eight years and seven months totaled 12.14 trillion won ($8.4 billion) across 91 cases, Digital Asset reported. Data that lawmaker Park Soo-young of the People Power Party received from the Korea Customs Service showed that digital asset-based illicit remittances from 2018 through July 2026 amounted to 12.1407 trillion won in 91 cases. Overall, authorities detected 177 illicit remittance cases worth 18.0297 trillion won, meaning digital assets accounted for 51% of cases and 67% of the total amount.

If BTC falls below $82,150, about $757.51 million in long positions could be liquidated across major centralized exchanges, according to CoinGlass data. If BTC rises above $84,790, about $445.44 million in short positions could be liquidated.

Bitcoin holdings on exchanges fell by about 35,800 BTC to 1.325 million between Sept. 20 and 27, according to on-chain analytics firm Santiment. Santiment added that about 20,000 BTC had flowed into exchanges between Sept. 13 and 20, leaving net outflows of roughly 15,900 BTC over the past two weeks. The firm said last week’s decline was concentrated on a specific date, with about 26,700 BTC leaving exchanges on Sept. 22 alone, around double the typical weekday outflow at the time. Given the scale of the movement, Santiment said the drop in exchange holdings was unlikely to be a simple accounting change, although exchanges may have moved BTC to internal wallets that are not being tracked.

UK-listed The Smarter Web Company, which has adopted a Bitcoin treasury strategy, has secured shareholder approval to launch MORE, the UK’s first BTC-backed preferred stock, BitcoinTreasuries reported. The company is pursuing an initial public offering of MORE to raise about $20 million to $33 million, with the proceeds set to be used for additional Bitcoin purchases and business acquisitions.

The Seoul Metropolitan Police Agency’s wide-area investigation unit said it has returned about 26.3 billion won ($19.8 million) in voice phishing proceeds that had been frozen at South Korea’s five largest virtual asset exchanges to around 1,100 victims. According to KBS News, police identified the victims after confirming in early 2023 that large sums of 피해금 were frozen in virtual asset accounts used in voice phishing crimes and suspended from trading, then tracing fund flows across around 1,000 frozen exchange accounts and about 160,000 bank accounts.

Upbit announced it will suspend LSK deposits and withdrawals at 9:00 a.m. UTC on Sept. 30 as Lisk migrates from its existing network to the Ethereum network. The South Korean exchange said existing deposit addresses will become unusable after the suspension takes effect and recommended users generate new deposit addresses after the network transition. It added it will announce the timing of the service resumption in a separate notice.