Month: September 2025

Trump Pulls Brian Quintenz Nomination for CFTC

admin

Update (Oct. 1, 1:20 am UTC): This article has been updated to add a comment from Brian Quintenz and further information. The Trump White House has withdrawn Brian Quintenz’s nomination to lead the Commodity Futures Trading Commission. “Being nominated to chair the CFTC and going through the confirmation process was the honor of my life,” Quintenz told Cointelegraph, confirming a Politico report on Tuesday “I am grateful to the president for that opportunity and to the Senate Agriculture Committee for its consideration,” Quintenz added. “I look forward to returning to…

White House withdraws nomination of Brian Quintenz for CFTC chair

admin

Key Takeaways The White House has withdrawn Brian Quintenz’s nomination to chair the CFTC, ending his potential leadership of the derivatives regulator. Brian Quintenz is a former CFTC commissioner known for his active role in crypto regulation discussions and his support for presidential policies. Share this article The White House withdrew Brian Quintenz’s nomination for CFTC chair, ending his bid to lead the Commodity Futures Trading Commission. Quintenz, a former CFTC commissioner, has been active in public discussions on crypto regulation and supportive of presidential policies. The CFTC oversees derivatives…

XRP Gears Up For Breakout, But Bearish Divergence Clouds Outlook

admin

XRP is showing signs of strength as it holds above key support levels, but the road to a breakout remains far from clear. While momentum off the trendline brings optimism, bearish divergences on higher timeframes are raising caution.  Bearish Divergence Signals Market Caution CasiTrades, in a recent update, noted that XRP has managed to show some momentum after bouncing off the black trendline highlighted last week. The respect of this level is encouraging, but the market is not out of danger just yet. Its price still faces the critical $3…

ETH Rejects $4.2K But ETF Inflows Are Bullish

admin

Key takeaways: If Ether price hits $4,350, over $1 billion in short (bearish) positions face liquidation risk. BitMine Immersion expanded holdings to $10.6 billion, targeting 5% of the total Ether supply. Ether ETFs saw $547 million in inflows, reinforcing institutional demand amid declining onchain activity. Ether (ETH) struggled to hold above $4,200 on Tuesday despite strong demand for spot Ethereum exchange-traded funds (ETFs) the day before. Weaker onchain activity likely weighed on investor sentiment, yet companies continue to add ETH to their reserves as part of longer-term strategies. Traders now…

Solana MACD Bullish Cross Sparks Talk of $400 Rally

admin

Solana trades near $207 as a new MACD bullish cross forms. Analysts track $218 liquidations, $228 resistance, and targets above $300. Solana (SOL) was priced at $207 at press time, with a slight daily decline and a weekly drop of 6%. Despite this short-term weakness, analysts are pointing to technical signals that could set the stage for further gains. MACD Cross on the 12-Hour Chart Trader Tardigrade shared a 12-hour chart showing that Solana has formed another bullish cross on the MACD indicator. In previous cases, similar signals have been…

21Shares launches Jupiter Exchange ETP in Europe for institutional investors

admin

Key Takeaways 21Shares launched the AJUP ETP, offering regulated access to Jupiter Exchange’s governance token on Solana. The listing on European exchanges reflects growing institutional demand for Solana-based DeFi products. Share this article 21Shares, a provider of exchange-traded products focused on crypto exposure, today launched the Jupiter Exchange ETP (AJUP) in Europe, giving institutional investors regulated access to Jupiter Exchange’s native governance token. The ETP tracks the performance of $JUP, the governance token of Jupiter Exchange, a decentralized exchange aggregator on the Solana blockchain that serves as a central hub…

Top NY Regulator Updates Crypto Guidance after Announcing her Departure

admin

Adrienne Harris, the superintendent at the New York Department of Financial Services (NYDFS), announced updates to the department’s guidance should a crypto company become insolvent, following the announcement that she will step down from the role. In a Tuesday notice, Harris said the NYDFS had updated guidance initially announced in January 2023 to better protect users “in the event of an insolvency or similar proceeding.” According to the guidance, the financial regulator focused on clarifying what were “acceptable sub-custodians,” guardrails for crypto custody, and “permissible uses of customer assets.” “As…

Is $170K Coming In Q4?

admin

Key takeaways: Bitcoin aims to close September with a 4.50% gain, a setup that historically precedes strong Q4 rallies. Onchain data shows spot demand strengthening, led by US investors. Bitcoin (BTC) is on track to close September in positive territory, up 4.50% at around $113,100 on the final trading day of the month. Historically, a green September has been a powerful setup for the market, often preceding strong rallies in the final quarter of the year. Bitcoin one-month chart. Source: Cointelegraph/TradingView According to data, when Bitcoin closed a green monthly…

ECB urges tighter rules on multi-issuance stablecoins to curb financial risks

admin

Key Takeaways The European Central Bank (ECB) is calling for bans or stricter oversight on multi-issuance stablecoins due to crash fears. The ECB highlights concerns that stablecoins issued across multiple countries by the same entity can create financial stability risks. Share this article The European Central Bank is pushing for stricter rules on multi-issuance stablecoins, citing concerns that rapid expansion of these digital assets could trigger broader financial instability without proper oversight. The ECB has recommended addressing gaps in rules for third-country stablecoin issuers to prevent inconsistencies in multi-jurisdictional operations.…

Why Wall Street’s Dark Horse Could Surprise Everyone

admin

ETF filings put XRP back in the spotlight When financial firms roll out exchange-traded funds (ETFs) for crypto, it often signals that an asset is crossing from niche into the mainstream. Bitcoin (BTC) and Ether (ETH) exchange-traded funds (ETFs) are already trading in the US, attracting billions from institutions and retail investors who want exposure without holding tokens directly. Now attention is shifting to XRP (XRP), the native digital asset of Ripple’s payments network. On the surface, XRP looks like an unlikely candidate. It spent years fighting the US Securities…