Author: Jeremy Ryan

In a surprising turn of events, Grayscale’s Zcash ETF (ZCSH) hit $1 billion in assets under management (AUM) on 24th September. However, this does not mean investors have poured $1 billion of new money into the fund. Instead, only $306.12 million was poured in as cumulative net inflows. In other words, less than one-third of its current value came from new investor money. The reality behind the $1 billion AUM Still, this is a very noteworthy development, as after the fund’s launch on 25th August, it surpassed $500 million in assets in just two weeks. And now, it has reached…

From 17th to 25th September, the Spot Bitcoin [BTC] ETF net flows totalled $2.88 billion. During this time period, BTC’s price rallied by 10.26%, including the dip from $87.3K to $82.9K earlier in the week. Source: BTC/USD on TradingView Bitcoin’s Bollinger Bands tightened in mid-September, when the price was consolidating around the $74K-$76K zone. Since then, however, the swift breakout past the $82.3K local highs has signaled another bullish expansion phase. Exchange netflows negative despite short-term sentiment slump The uptrend was unbroken, although a dip towards $80K-$82K could occur. The latest price dip was also due to U.S-Iran tensions. Strong…

Bitget says unauthorized transfers affected approximately $351.6 million held across parts of its hot and warm wallet infrastructure. The exchange says its cold wallets were not affected and its $464 million-plus User Protection Fund covers the loss. Withdrawals have been temporarily suspended while Bitget investigates the breach with law enforcement and security firms. **ID:** N25-10 **Site:** NewsBTC **Status:** READY **Author:** NewsBTC Editorial Team **Focus Keyword:** Bitget **Image Keyword:** Security **Category:** Technology **Tags:** Bitget, Security, Hack, Exchange, Wallets **Primary Source:** https://www.bitget.com/support/articles/ Bitget Says Cold Wallets And Customer Balances Remain Secure According to Bitget’s security notice, the incident was contained to part…

The European Banking Authority has asked the European Commission to examine new MiCA rules for crypto firms that connect customers to DeFi loans.Its September 24 response calls for a cost-benefit analysis of possible duties for intermediated borrowing and lending, and for crypto-asset service providers (CASPs) that give clients access to DeFi lending through interfaces or products.A loan can run on an on-chain protocol while a company supplies the app that brings a customer to it. The EBA’s recommendation puts that company-controlled route within the Commission’s review, and it is a request to assess legislation, so the EBA’s response itself changes…

Bitcoin [BTC] is moving. However, for lack of a better term, it is doing so… weirdly. BTCs are leaving exchanges and ETFs are, somehow, green in tandem. This is not how this usually goes. $2.5B in Bitcoin headed for the exit! From 22nd to 24th September — across Binance, Coinbase, Kraken and Bitfinex — there were $2.52 billion in net outflows. During this time period, the first day saw the lion’s share. Binance let go of $1.19 billion, and with Coinbase, Kraken and Bitfinex added in, the number came up to $1.57 billion. The other two days were somewhat tame:…

Polygon’s POL token has gained nearly 12% since the network permanently removed 100 million tokens from circulation on September 23. The price has climbed to around $0.113, but its next challenge is holding above the $0.11 price level and overcoming resistance near the $0.115 price area. Polygon permanently removes 100M POL Polygon Foundation CEO Sandeep Nailwal confirmed that the network had completed the burn, which removed about 1% of POL’s total supply. The on-chain transaction shows that 100 million POL, worth around $10.22 million at the time, was destroyed on September 23. When there is a burn, it permanently removes…

According to the official announcement from FC Barcelona, the technical objective is to allow users to store access tokens and educational badges without requiring advanced knowledge of cryptographic self-custody. The curriculum is structured across four educational and participatory modules. The first track covers the club’s history, athletic milestones, and institutional values. The second segment explores environmental sustainability, social inclusion initiatives, and responsible digital innovation. Meanwhile, the third pathway aims to transition physical fan clubs into online engagement dynamics. The fourth pillar examines use cases such as digital collectibles, community governance, and smart contracts. Institutional documentation emphasizes that these Web3 capabilities…

Plasma [XPL] registered a daily price surge of 24.18% as investors positioned around a massive token unlock, as a large team transfer intensified supply risks. Notably the rally arrived as Plasma planned to unlock around 1.76 billion XPL valued roughly $160 million, representing 63.2% of the total circulating supply.  Besides, another large transaction however complicated the market setup surrounding the unlock. In particular, Plasma Team moved 300 million XPL, worth roughly $33.07 million, to an unknown new wallet. This transaction created another supply consideration as XPL price continued pushing higher. Buyers however absorbed the uncertainty and pushed the price upwards…

  Bitcoin’s pullback from $87k seems to have not negatively impacted institutional investors’ sentiment. In fact, BTC Spot ETFs have recorded net inflow for six consecutive sessions.  BlackRock’s IBIT adds $166 million as  inflows extend to 6 sessions  Onchain Lens reported that BlackRock’s IBIT accumulated 1.97K BTC worth $166 million from Coinbase Prime. BlackRock’s IBIT has been aggressively accumulating. AMBCrypto earlier reported that the fund recorded over $1 billion in Inflows for four consecutive sessions.  Even after Bitcoin [BTC] dropped to $82k, investors continued to get exposure through the ETF. That said, BlackRock’s spree is not an isolated case. As…

Price Action Breakdown As the digital collectibles market expands, projects like Phygitals’ magazine are setting new precedents for how assets can be tokenized and traded. The interest in tokenized AI stocks illustrates a shift in investment strategies, with Solana emerging as a pivotal platform for these developments. This exciting evolution is likely to attract more users and investors to the Solana ecosystem, further boosting its market presence. Solana is a blockchain platform known for its high throughput and low transaction costs, making it an attractive choice for digital collectibles and tokenized assets. Regulatory bodies have shown interest in blockchain innovations,…