Author: Ethan Carter

This week, crypto asset prices retraced, although the spot market is performing better than many digital asset treasury firms, which have seen some values plummet by over 90% due to market saturation and worries regarding the sustainability of the digital asset treasury model.Strategy, the largest Bitcoin (BTC) treasury firm, is down approximately 45% from its peak of $543 per share during intraday trading in November. In contrast, BTC has risen around 10% since reaching a high of over $99,000 that same month.Moreover, BTC has recorded a series of new highs since December, achieving an all-time high of over $123,000 in…

MYX, the native token of the non-custodial derivatives exchange MYX Finance, has emerged as today’s top performer, jumping nearly 30% within the last 24 hours. However, underlying issues are becoming apparent. Data indicates that the genuine demand for the altcoin is decreasing. This implies that the recent price increase may be tied to a wider market recovery rather than solid organic interest, raising the possibility of a correction.Sponsored Sponsored MYX Leads Gains, Yet Bearish Divergences Warn of a Cooldown Ahead MYX’s double-digit increase over the past day has coincided with a drop in trading volume, indicating that buyers are not…

The probability of a U.S. government shutdown has reached unprecedented levels on Polymarket, currently at 82%, indicating that lawmakers may not secure the essential funding by the October deadline. With bipartisan discussions stalling and critical meetings canceled by President Trump, both parties seem reluctant to make concessions. This deadlock increases the risk of enduring disruptions across government services. What a U.S. Government Shutdown Entails If a U.S. government shutdown occurs, it will instantly suspend salaries for hundreds of thousands of federal workers. This will lead to delays in processes like passport processing, disrupt national parks, and could affect social programs…

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World Liberty Financial (WLFI), associated with President Donald Trump, has burned 7.89 million WLFI tokens, valued at around $1.43 million, after a $1.06 million buyback across various chains.Onchain data gathered by Lookonchain reveals that the project collected 4.91 million WLFI ($1.01 million) and $1.06 million in fees and liquidity earnings from its DeFi activities, subsequently spending $1.06 million to repurchase 6.04 million WLFI on the open market.The team later burned 7.89 million WLFI on BNB Smart Chain (BNB) and Ethereum (ETH), while 3.06 million WLFI ($638,000) remains unburned on Solana (SOL), awaiting further actions.This action follows a 33% decline in…

World Liberty Financial (WLFI), a decentralized finance project associated with President Donald Trump, has incinerated 7.89 million WLFI tokens, valued at approximately $1.43 million, after executing a $1.06 million buyback across various chains.Onchain data collected by Lookonchain indicates that the project generated 4.91 million WLFI ($1.01 million) alongside $1.06 million from fees and liquidity earnings from its DeFi operations, using $1.06 million to repurchase 6.04 million WLFI on the open market.The team subsequently burned 7.89 million WLFI on BNB Smart Chain (BNB) and Ethereum (ETH), while 3.06 million WLFI ($638,000) remains unburned on Solana (SOL) awaiting further actions.This decision follows…

Highlights: Sellers of Bitcoin are trying to breach the support level at $109,000 during the last Wall Street open of the week. Due to this, BTC’s price could drop towards $100,000 despite a significant “deleveraging” event. US PCE inflation does not provide any support for cryptocurrency enthusiasts. At the opening of Wall Street on Friday, Bitcoin (BTC) threatened new lows for September as US inflation figures did not support bullish sentiment. BTC/USD one-hour chart. Source: Cointelegraph/TradingView Liquidity increases as Bitcoin price declines Data from Cointelegraph Markets Pro and TradingView indicated that BTC/USD was at risk of dropping below $109,000. Liquidity…

Disclosure: The opinions expressed in this piece belong exclusively to the author and do not reflect the views of crypto.news’ editorial team. Although real-world asset tokenization started as a niche experiment in crypto, the landscape is rapidly evolving. Investors are increasingly engaging with tokenized treasuries, real estate, and commodities. Summary RWAs are revolutionizing finance — with over $7B in U.S. Treasuries on-chain and forecasts of $2–4T by 2030, tokenized assets offer quicker settlements, fewer intermediaries, and enhanced efficiency. Custody risks persist — inadequate key management, evolving custody standards, and insufficient global regulation threaten trust and acceptance. A hybrid future is…

The integration of crypto with traditional finance is quickening. Major banks are launching crypto trading services, broadening stablecoin initiatives, and gearing up for regulatory changes that might allow tokenized assets to be used as collateral in derivatives markets.This week’s Crypto Biz explores Morgan Stanley’s plan to initiate crypto trading through E*Trade, JPMorgan CEO Jamie Dimon’s cautious response to stablecoins, and the Commodity Futures Trading Commission’s (CFTC) exploration of tokenized collateral. Additionally, Strategy’s Michael Saylor downplays concerns about a waning bull market, forecasting that institutional demand will elevate Bitcoin’s value in Q4.Morgan Stanley to provide crypto trading via E*TradeMorgan Stanley’s discount…