Author: Jeremy Ryan

California Gov. Gavin Newsom signed AB 2409 on Sept. 27, setting two restrictions on political meme coins. Covered California public officers and certain government employees will be barred from issuing them. Digital asset service providers face a separate limit on listing new official-linked coins for California residents.The enrolled bill makes an official’s role central to both provisions. Its listing clause covers a coin offered by or in partnership with a federal public official or a state or local public officer, provided the coin was issued on or after Jan. 1, 2027. The January 1 date is a threshold for which…

Oracle Blockchain Platform and Oracle Digital Assets Data Nexus will provide a pre-integrated foundation for connecting to Swift’s ledger. The technology can host Swift commitment contracts and support event orchestration, while providing EVM-based blockchain infrastructure, custodial wallet capabilities, transaction signing, integrations and smart-contract functionality for tokenized deposit operations. Oracle Banking Payments will connect those blockchain-based payment flows with existing ISO 20022 processing. Oracle said its technology can coordinate payment and blockchain events throughout the Swift ledger lifecycle using durable workflows and transaction coordination, helping institutions maintain consistent processing and operational resilience. The integration extends Oracle’s longstanding collaboration with Swift on…

Bitcoin [BTC] market participants need to prepare for another week of macro events that could dictate price trends and sentiment shifts. On the 29th of September, the August JOLTS (Job Openings and Labor Turnover Survey) data will be released. It is August’s Personal Consumption Expenditures (PCE) inflation on Wednesday, September ISM manufacturing on Thursday, and September jobs data on Friday, reported XWIN Japan on CryptoQuant. These reports can have a material effect on the October rate hike odds, which currently stand at a 68.1% probability of a 25 bps hike, according to the CME FedWatch Tool. Bitcoin is up 43.8%…

18 months have passed since President Donald Trump signed an executive order to establish the Strategic Bitcoin Reserve in the U.S. On 6th March, 2025, President Trump directed the federal government to treat Bitcoin [BTC] as a strategic reserve asset. However, the order did not instruct the government to purchase Bitcoin with taxpayer funds. Instead, it created the reserve primarily by consolidating Bitcoin that the government already owned after it had been forfeited through criminal or civil proceedings. What went wrong? These holdings were to be transferred into the reserve and, generally, not sold. As of now, the U.S. government…

Spot Bitcoin [BTC] ETFs saw weekly inflows worth $2.4 billion on the week ending the 25th of September. This marked their largest weekly inflow since October 2025, which was strong enough to reverse their previously negative performance for 2026. With this, Bitcoin ETFs were also able to push their year-to-date net flows to approximately $934 million positive. Bitcoin ETF weekly update According to Farside Investors, between the 21st and 25th of September, BTC ETFs recorded strong but gradually declining inflows. Source: Farside Investors That said, the total net inflows peaked at $999 million on the 21st of September, led by…

Hyperliquid [HYPE] is reducing its supply through continuous purchases and token burning, which will help sustain the strength of its value capture model for the token. For example, since the last 24 hours, Hyperliquid has purchased and burned approximately 10.4k HYPE tokens at an approximate cost of $956.8k. The burn of these tokens was tied to fees generated by the protocol. This process becomes even more important as trading volume grows exponentially and creates compound effects. As such, Hyperliquid has earned $58.27 million in revenue during the last 30 days. In addition, this has created daily buybacks averaging approximately $1.16…

TL;DR U.S. prosecutors have charged a Vietnamese national with money laundering tied to alleged cryptocurrency “pig butchering” schemes. Prosecutors say wallets controlled by the defendant received roughly $53.3 million linked to fraud schemes targeting U.S. victims. One victim allegedly transferred about $16 million after being directed to a fake crypto investment platform. U.S. prosecutors have charged a Vietnamese national over an alleged cryptocurrency fraud network that moved more than $53 million through wallets connected to “pig butchering” scams. Trung Nguyen Van, 37, faces two money-laundering counts in the Western District of Missouri following an appearance in federal court in Los…

XRP’s supply outlook tightened after a whale withdrew 580 million tokens, with the broader exchange data pointing toward declining sell-side availability. Reportedly, the whale completed seven transactions involving approximately $900 million worth of XRP.  The scale of this withdrawal introduced exchange-side supply into focus as moving tokens away from exchanges reduced the amount readily available for immediate trading. Importantly, the withdrawal stood out since it involved several transfers rather than an isolated one. Additionally, spot flows and reserve changes highlighted whether supply reduction extended beyond the whale transaction. Outflows deepen the exchange supply contraction The broader exchange activity favored the…

Bitcoin [BTC] is moving further from its June bottom, with the recovery now testing whether $58,535 can hold as a cycle low. Since then, Bitcoin’s price has increased by 44.2% to around $84,400, a move greater than the average of historical recoveries from lows of 29.7%. This increase may add strength to the current recovery, yet there is an additional potential drawback. The June drop was approximately 53.06%. Historically, drops of this magnitude have been followed by lower price levels. In particular, 2021 saw a similar 53.10% drop, followed by another lower low. Source: CryptoQuant However, BTC’s MVRV stood at…

WorldCoin [WLD] is up 11.29% to $0.532 on the 24-hour timeframe, well above the 0.76% rise recorded by the broader market. All credit goes to investors as they pour money into altcoins and the fresh wave of interest in tokens linked to AI services. The token’s long-term sentiment still sparks bullish signals. WLD is also up 23.76% over the past week, building on the recent recovery while keeping buying interest in control of price movement. Can WLD extend its breakout? On the derivatives side, trading activity across the Worldcoin network has stayed high, with its daily volume maintaining itself at…