Author: Jeremy Ryan

The aftermath of the Coldcard exploit, which took place on the 30th of July, 2026, seems to be not ending. According to Alex Thorn, Head of Firmwide Research at Galaxy, a group of white-hat researchers has once again moved 52.37 BTC from wallets affected by the Coldcard exploit into an address controlled by the Crypto Recovery Trust (CRT). Source: Galaxy Research This transfer, which took place when Bitcoin [BTC] was at the 967,948 block, was part of the money that researchers think was recovered from weak wallets before the criminals could steal it. How the flow of funds garnered Thorn’s…

Four Republican senators who voted to advance the CLARITY Act on Sept. 15 also appear as named supporters on a bank-backed amendment seeking tougher restrictions on stablecoin yield.As Punchbowl News reported on Sept. 21, John Cornyn, John Curtis, Cindy Hyde-Smith, and Lisa Murkowski all voted “Yes” on the procedural motion, which fell short 49-50. All four also signed onto Sen. Jerry Moran’s stablecoin amendment, which the banking industry has pushed as a fix to language the bill’s own supporters wrote.SenatorSept. 15 CLARITY voteMoran amendment statusWhy it mattersJohn CornynYesNamed supporterPart of the existing 49-vote coalition, but also backing tougher stablecoin-yield limitsJohn…

U.S. Spot Bitcoin ETF investors are in relief after flipping profitable for the first time since January. On Monday, the crypto asset surged nearly 7% and tagged $87K. The move effectively reclaimed the average estimated BTC ETF cost basis of $82K. This made the average US BTC investor flip positive again after being underwater for the past eight months.  Source: Bianco Research/Bloomberg  This investor group was now up about $3B in unrealized profit. This was a huge relief from the massive $22B in unrealized losses that they endured at the peak of the summer drawdown. Interestingly, the ETF investors became…

TL;DR Coincheck Group disclosed that Executive Chairperson Takashi Oyagi resigned effective September 21. The company said the resignation was for personal reasons. The filing supports a leadership-transition story, not speculation about enforcement or financial distress. Coincheck Group has confirmed a change at the top of its leadership structure after Executive Chairperson Takashi Oyagi resigned. The crypto group disclosed the move in a September 21 Form 6-K filed with the US Securities and Exchange Commission. Oyagi Steps Down For Personal Reasons According to the filing, Oyagi’s resignation took effect on September 21 and was submitted for personal reasons. The board approved…

The Senate fell short of advancing the CLARITY Act on Sept. 15, when a 49-50 cloture vote failed to reach the 60-vote threshold. Six days later, Coinbase CEO Brian Armstrong said Stand With Crypto had surpassed four million members.Armstrong wrote in a post that “the 2024 election proved the importance of the crypto voter,” adding that voters would remember who supported them.The Senate vote concerned whether to begin considering H.R. 3633, not final passage or the effectiveness of one group. Their proximity instead put Stand With Crypto’s political challenge in converting a large supporter list into the bipartisan votes needed to…

After forming a higher low of $0.135 on 14th September, Ethena [ENA] rallied by 71.14% to reach a local high of $0.231 on Sunday, 20th September. Surprisingly, while Bitcoin [BTC] broke key resistance levels on Monday, ENA was relatively quiet, oscillating around the $0.215-level. The DeFi protocol issues the synthetic stablecoin USDe, with ENA serving as the governance token. On Sunday, it was reported that the stablecoin market cap grew by $71.4 million from the five largest issues. Ethena contributed to a $35.8 million in stablecoin market cap growth in 24 hours. Additionally, since 16th September, $90 million in ENA…

After three weeks of silence, Michael Saylor’s Strategy just scooped up another chunk of Bitcoin [BTC]. Hence, it’s worth asking the question: Are all the catalysts finally coming together? Strategy is buying Bitcoin again… … and it wasn’t a surprise. In fact, less than a day ago, Saylor posted a chart of Strategy’s Bitcoin buying history on X and captioned it “a little more orange.” True to his word, Strategy broke its buying pause: 950 BTC for roughly $75.7 million. This is the firm’s first purchase since late August. According to an SEC filing dated 21st September, they now hold…

Sei’s breakout is accelerating after weeks of failed attempts near $0.052. This suggests a shift from a consolidation phase to an upward momentum. After weeks trading below the $0.052 resistance, buyers pushed the price of the token to $0.06285. In turn, the token gained over 25% in 24 hours. Daily volume surged alongside the price to $203.44 million, a 289% spike according to CoinMarketCap data. This suggested broader market participation behind the move rather than just speculation. However, the breakout price has risen well beyond the prior trading range. Therefore, this leaves very little support for Sei [SEI] above $0.052.…

Washington came surprisingly close this week to writing a dollar amount into one of its thorniest crypto ethics rule debates.Under the final Senate draft of the CLARITY Act, senior federal officials holding equity worth at least $15,000 in certain businesses that issue or sponsor digital assets would have had to sell that interest or place it into a qualified blind trust. Their spouses would have faced the same restriction, but their adult children wouldn’t.The bill failed to advance on Sept. 15, so none of this became law. But the language is revealing because CLARITY was primarily supposed to establish who…

TL;DR The ECB has started preparatory work to invest a small portion of its own-funds portfolio in tokenized euro-denominated securities. Initial eligible assets are expected to include euro-area public-sector and supranational issuers. The future purchases are intended to settle in central-bank money through Pontes; purchases have not yet been executed. The European Central Bank is moving from building tokenized-settlement infrastructure to preparing to use it for part of its own investment portfolio. The ECB said on September 21 that it has begun preparatory work to invest a small portion of its own-funds portfolio in tokenized euro-denominated securities. ECB Prepares To…