Day: September 2, 2025

Coinbase To Launch Futures Index Mixing Crypto, Tech Stocks

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Crypto exchange Coinbase is set to roll out a futures product tracking the top US tech stocks, crypto exchange-traded funds, and its own shares to offer exposure to equities and crypto in a single contract. Coinbase Derivatives said on Tuesday it’s launching the “Mag7 + Crypto Equity Index Futures” on Sept. 22, which will track the “Magnificent 7” tech stocks Apple, Microsoft, Alphabet, Amazon, Nvidia, Meta, and Tesla, BlackRock’s Bitcoin (BTC) and Ether (ETH) ETFs and Coinbase’s stock. “Historically, there has been no US-listed derivative that provides access to both…

ETH Aims To Hold $4.3K, Corporate Treasury Growth Could Help

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Key takeaways: Ethereum fees and DApps activity surged, surpassing Tron and Solana. ETH derivatives data show caution, but rising institutional reserves reinforce ETH’s long-term bullish case. Ether (ETH) has held firm around the $4,300 level despite a 15% decline from the Aug. 24 all-time high. The pullback came amid a broader cryptocurrency market correction, likely reflecting worsening macroeconomic conditions. While derivatives metrics show little optimism, several key onchain indicators suggest ETH could break above $5,000 in the near term. Negative remarks from US President Donald Trump about the commercial relationship…

What Happened In Crypto Today

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Today in crypto, the SEC and CFTC issued a joint statement for a coordinated approach to spot crypto trading in the US. Metaplanet secured shareholder approval to restructure shares, paving the way for up to $3.7 billion in Bitcoin fundraising. Losses from hacks hit $163 million in August as attackers targeted high-value projects. US regulators clarify rules for spot crypto trading The US Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission (CFTC) issued a joint staff statement on Tuesday announcing a coordinated effort to oversee and enable spot…

Anthropic Valuation Hits $183B as Claude AI Expands Into Crypto

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AI company Anthropic, the developer of the Claude family of large language models, has reached a $183 billion valuation following its latest funding round — a dramatic increase from the start of the year that underscores the accelerating growth of AI applications. The company disclosed Tuesday that it closed a $13 billion Series F round co-led by venture firms ICONIQ Capital, Fidelity Management & Research Company and Lightspeed Venture Partners. Some of North America’s most prominent investors also joined the raise, reflecting the surge in institutional interest in artificial intelligence…

Ethereum Taker Sell Volume Hits $1.2B, Signaling Heavy Selling Pressure

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Ethereum (ETH) traders are unloading positions at a rapid pace, with taker sell volume hitting $1.2 billion in the past 24 hours. The uptick in sell orders coincided with a 2.4% dip in ETH’s price that pushed it down to $4,272 late Monday, highlighting a shift in sentiment as speculative long positions begin to unwind. Market Pullback Deepens as September Weakness Returns According to data shared on X by analyst Maartunn, the sharp increase in taker sell volume is a reflection of the intensifying pressure on Ethereum’s order books, which…

US Regulators Clarify Rules for Spot Crypto Trading

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The US Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission (CFTC) issued a joint staff statement on Tuesday announcing a coordinated effort to oversee and enable spot crypto trading in the United States. The agencies clarified that existing law does not prevent regulated US or foreign exchanges, including national securities exchanges (NSEs), designated contract markets (DCMs) and foreign boards of trade (FBOTs) from listing spot crypto products, including those with leverage and margin features. The move follows the President’s Working Group on Digital Asset Markets recommendations, which urged…

SEC and CFTC open doors for spot crypto trading on US registered exchanges

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Photo: Tierney L. Cross Key Takeaways The SEC and CFTC issued a joint staff statement clarifying that registered US exchanges are not prohibited from listing certain spot crypto products. Agency leaders framed the move as a reversal from past mixed signals, part of efforts to make the US a global hub for blockchain innovation. Share this article The Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) have issued a joint staff statement clearing the way for US-registered exchanges to list and facilitate trading of certain spot…

Ethereum Foundation to sell 10K ETH ’to fund R&D, grants, and donations’

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The Ethereum Foundation (EF) has announced another sale worth about $43 million in Ether as part of efforts to fund research and development, grants, and donations related to the ecosystem. In a Tuesday X post, the foundation said it planned to convert 10,000 Ether (ETH) using centralized exchanges “over several weeks.” The group said the conversion intended to fund its work “will take place over multiple smaller orders, rather than as a single large transaction.” The foundation supporting the Ethereum blockchain released a treasury policy in June, which laid out…

Solana’s Alpenglow Upgrade Clears Governance Vote for Implementation

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After a two-week governance process in which more than half of validators cast votes, Solana is set to be upgraded using the Alpenglow consensus protocol. According to the results of the governance process released on Tuesday, more than 98% voted yes to approve the new consensus protocol for Solana, with a 52% stake participating. The Alpenglow upgrade is expected to reduce the transaction finality to 150 milliseconds from more than 12 seconds, significantly overhauling the ecosystem. “At these speeds, Solana could realize Web2-level responsiveness with L1 finality, unlocking new use…

INJ Struggles at Crucial $12.5 Zone, Can Bulls Reclaim $14?

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TL;DR INJ defends $12.5 support zone; failure risks $11.5, while reclaiming $14 could revive bullish momentum. Analyst Ali Martinez warns of a breakdown from an ascending triangle, mapping downside targets as low as $8.22. On-chain activity surges with $62.6B traded, while the SEC reviews a proposal for a potential INJ ETF. INJ Holds at Key Support Injective (INJ) is trading at around $13, showing a daily decline of 2% and a weekly drop of 2%. The token is holding above the $12.5–$12.7 support band, a zone that has acted as…