News linked to both this project and an event.
According to TheEnergyMag, Bitcoin miner MARA announced it has paid a $100 million power deposit for its data center project in Matagorda County, Texas, and adjusted the payment and exit terms of the transaction with sustainable fuel developer HIF USA. Located southwest of Houston, the project spans over 1,200 acres and has a planned power capacity of up to 2 gigawatts, which MARA plans to use to build a campus supporting high-performance computing and Bitcoin mining. Under the revised agreement, payments originally contingent on regulatory approval will now be paid in two installments, with the maximum total acquisition price for the project remaining capped at $600 million provided all milestones are met.
Odaily reports: A survey of 15 large institutions conducted by crypto asset management firm Bitwise shows that none of the surveyed institutions reduced their allocations during the approximately 50% decline in the crypto market from October 2025 to April 2026, with some increasing their positions.Some respondents who have not yet allocated to crypto assets have entered the stage of in-depth due diligence, and several sovereign wealth funds are evaluating large-scale allocations. One sovereign investor stated that establishing the legal and regulatory infrastructure needed for allocation could take more than a year.The crypto asset allocations of the surveyed institutions range from 0.5% to 13% of investable assets, with most falling between 1% and 2%. All institutions that have already established positions hold Bitcoin, which is typically their first, largest, and longest-held crypto asset position. (Bitcoin.com News)
Odaily Report: Michael Saylor published a long article titled "Prescriptions for Prosperity in the Digital Economy," stating that artificial intelligence will greatly enhance the productive capacity of individuals and enterprises, thus requiring greater freedom to create, finance, own, and trade assets. He proposed establishing a "Digital Bill of Rights" for digital assets, the core of which is to grant individuals and enterprises the rights to Create, Issue, Custody, Transfer, and Use digital assets, and to provide foundational protections in financial privacy, asset ownership, and market access.Saylor believes that digital intelligence will drive the birth of a large number of new enterprises, and that the cost, complexity, and time required for financing should be reduced, while capital formation efficiency should be improved through means such as digital tokens. He proposed aiming to enable 10 million new businesses to access financing, while establishing clear issuance rules and risk-matched information disclosure requirements.Regarding the digital dollar, Saylor advocates allowing banks, fintech companies, and technology platforms to compete more fully in digital dollar products, and permitting issuers to compete on yield. He believes that the United States can further expand the global reach of the dollar by allowing enterprises to develop more competitive digital dollar products.As for Bitcoin, Saylor defines it as "Digital Capital," advocating that banks be allowed to custody Bitcoin under clear rules and provide credit using it as collateral, while establishing a viable path for insurance companies to include digital capital in their balance sheets and product design. He specifically mentioned that the Basel Accord applies a 1250% risk weight to certain crypto asset exposures, and believes that regulators should reassess relevant capital requirements based on the actual risks of digital assets and specific business activities.
Galaxy Research stated that the U.S. Commodity Futures Trading Commission (CFTC) this week issued guidance on "Mention Markets," which involve prediction markets tied to individual statements, event attendance, and interactions. The agency noted that unlike traditional event contracts such as whether the Federal Reserve will raise interest rates, where individuals cannot easily control the outcome, mention markets settle on the autonomous behavior of specific individuals—for example, "whether Musk will mention Bitcoin on the next SpaceX earnings call"—and therefore carry higher manipulation risk. The CFTC's Division of Market Oversight (DMO) believes that such markets should be presumed to be "susceptible to manipulation" and requires exchanges to assess them across four dimensions: independent constraints controlling the individual, external pressure risks, independent verification and public scrutiny, and trading rules and surveillance measures.Galaxy Research noted that the guidance does not constitute binding rules and does not prohibit exchanges from listing mention markets. However, even when the above criteria are met, it remains difficult to fully address the manipulation risk arising from individuals voluntarily triggering market outcomes without economic incentive, and the First Amendment also limits regulators' ability to impose prior restraints on individual speech.
Odaily News: Bitget posted on X platform that the vulnerability involved in the September 24 security incident has been identified and fixed. The team is conducting additional verification and security checks on the withdrawal infrastructure, with Mandiant and SlowMist continuing to assist with the investigation. The temporary suspension of withdrawals is a security measure and is unrelated to the availability of user assets; user account balances have not been affected, and the Bitget Protection Fund will cover the financial impact of this platform-wide incident.Bitget plans to resume withdrawals in phases: Bitcoin network withdrawals will resume on September 28 at 8:00 (UTC); ETH withdrawals on the Ethereum, BSC, Arbitrum, Base, and Optimism networks will resume on September 29 at 8:00 (UTC); USDT withdrawals on the Ethereum, BSC, Solana, and Tron networks will resume on September 30 at 8:00 (UTC); other tokens, fiat, and P2P withdrawals will resume on October 2 at 8:00 (UTC). Trading and deposit services continue to operate, and users do not need to take any action in advance.
Odaily News: Fintech company MoonPay has signed a definitive merger agreement to acquire North Capital Investment Technology, a private markets technology and regulated brokerage services platform. The transaction is an all-stock deal reportedly valued at over $60 million, and upon completion, North Capital will become a wholly-owned subsidiary of MoonPay.The deal will integrate North Capital's securities brokerage, investment advisory, and clearing capabilities into MoonPay's global infrastructure. North Capital owns multiple entities registered with the U.S. Securities and Exchange Commission (SEC), including a broker-dealer, an alternative trading system PPEX ATS, a transfer agent, and an investment advisor.North Capital provides technology, custody, custodial accounts, and secondary trading services for private securities issuers, fund managers, and institutional investors. The platform has facilitated over $8.7 billion in cumulative primary and secondary trading volume; PPEX supports secondary trading for over 1,250 approved assets. The transaction has been unanimously approved by both companies' boards of directors and remains subject to customary closing conditions and regulatory approvals. (Bitcoin.com News)
Odaily News: The Central Bank of Brazil has issued Resolutions No. 588 and No. 589, requiring virtual asset service providers (VASPs) to report inbound and outbound transactions involving self-custodial wallets valued at or above $10,000, while strengthening anti-money laundering and counter-terrorism financing oversight.Resolution No. 588 stipulates that relevant transaction data will be submitted to the Financial Activities Control Council (COAF). The agency may use this information to organize transactions and establish a database of self-custodial addresses, recording the asset holdings of Brazilian users who hold crypto assets through authorized centralized exchanges.Resolution No. 589 prohibits conducting business with virtual asset service organizations or entities operating in Brazil without authorization. The new regulations will take effect on October 1, 2026. Currently, only 5 VASPs have applied for licenses to operate in Brazil. (Bitcoin.com News)
Odaily News: The U.S. Federal Reserve plans to establish rules for payment stablecoins issued by banks, requiring that every $1 of tokens be backed by at least $1 in approved reserve assets, with customer redemptions typically completed within two business days. If an issuer persistently falls below minimum capital requirements, it may be required to liquidate reserve assets and redeem all tokens.Reserve assets may include U.S. dollars, Federal Reserve bank balances, certain bank deposits, U.S. Treasury securities with remaining maturities of no more than 93 days, eligible repurchase agreements, and qualifying investment funds, and tokenized forms of certain assets may also be included. If reserves are insufficient, the issuer must notify the Federal Reserve and restore full backing, or otherwise liquidate reserves and redeem the dollar-pegged tokens.The Federal Reserve plans to require issuers to hold standardized capital against operational and certain credit risks, with a capital charge of 2% on the first $20 billion of issued stablecoin scale and 1% on amounts exceeding $50 billion. Another proposal would allow insured depository state member banks to apply to establish subsidiaries that issue payment stablecoins, and the GENIUS Act provides that after an application is substantially complete, the Federal Reserve must make a decision within 120 days.Federal Reserve Governor Michael Barr said stablecoins should be reliably and promptly redeemable at par under a variety of market conditions and when issuers run into problems, and he called for the final rules to clarify a universal redemption right. He also expressed concern about the threshold requiring anti-money laundering deficiencies to reach a "material or systemic" level before triggering supervisory or enforcement action. The public comment period is 60 days after publication in the Federal Register. (Bitcoin.com News)
Odaily News: Over the past five months, the market cap of the privacy coin sector grew from $11.97 billion to $36.51 billion, an increase of $24.54 billion, or approximately 205%. Among them, Zcash (ZEC) market cap increased by $20.27 billion, while Monero (XMR) increased by $4.33 billion.In January, the U.S. Securities and Exchange Commission (SEC) concluded its investigation into the Zcash Foundation without recommending enforcement action. On August 25, digital asset management company Grayscale converted Zcash Trust into the ZCSH spot ETF and listed it on NYSE Arca, making it the first listed privacy coin spot ETF in the United States.On September 8, Digital Currency Group (DCG) exchanged ZEC for approximately $100 million worth of ZCSH ETF shares. During the same period, the price of ZEC rose from $319 to $1,507, while XMR rose from $330 to $555. (Bitcoin.com News)
Odaily reports: A leaked document archive from Curaçao's gambling regulator has been made public, with over 40,000 documents related to licensed casinos searchable. The documents are said to cover approximately 800 owners across nearly 650 licensed companies, and the archive states that inclusion does not imply any illegal or improper conduct.The Curaçao Gaming Authority (CGA) confirmed that its licensing portal suffered unauthorized access, and the related forensic investigation is still ongoing. Technology service provider Softswiss stated that it does not operate online casinos nor provide gambling services to end users; the CGA said the operator "network" described in reports is a fabricated construct. (Bitcoin.com News)
Odaily reports: Since August, the Ethereum perpetual contract market on prediction market platform Kalshi has seen nearly 1 million trades of nearly identical amounts, with notional trading volume exceeding $5 billion over the past month. The U.S. Commodity Futures Trading Commission (CFTC) is reviewing the related activity and has not yet decided whether to open an investigation.In the 24 hours up to Wednesday 12:17 UTC, the market recorded 136,474 trades, with a trading value of approximately $584 million. More than 73,200 of those trades were concentrated at roughly $5,426 each, accounting for 54% of the trade count and 68% of the trading value. Open interest stood at $6.6 million, with single-day volume about 88 times the size of open interest.Kalshi said the repeated amounts came from fixed-size orders placed by market makers and involved hundreds of different traders, and were not wash trading. The platform said its system blocks self-trades and that the related transactions are monitored. As of now, regulators have not announced any enforcement action. (Bitcoin.com News)
The Basel Committee on Banking Supervision released statistical data for the second half of 2025. Banks' prudential risk exposure to crypto assets remained broadly flat overall, but the asset composition shifted: in the Americas, Bitcoin's share fell from 75.8% to 44.2%, Ethereum rose to 38.5%, and Solana and XRP accounted for 7.8% and 5.6%, respectively; stablecoin proportions increased in other regions. In the same period, the volume of crypto asset business conducted by banks in the Americas on behalf of clients grew by 93% to €6.4 billion, while that in Europe decreased by 25% to €1.9 billion.
Cryptocurrency exchange Kraken's parent company, Payward, plans to offer onchain perpetual contract trading to U.S. users through Hyperliquid. Its Bitnomial exchange, which is regulated by the U.S. Commodity Futures Trading Commission, will create and manage the relevant markets, and the plan is still pending regulatory approval.Customer accounts will be hosted by NinjaTrader Clearing and will be limited to users who pass its whitelist review with Bitnomial. Digital asset management firm Grayscale said that if the relevant markets pay protocol fees to Hyperliquid, the new trading activity could increase funds for HYPE token purchases. (Bitcoin.com News)
derivatives exchange CME Group has announced that, pending regulatory approval, it will launch Bitcoin Cash (BCH) and Uniswap futures on October 19. The standard BCH contract corresponds to 250 BCH, while the micro contract corresponds to 25 BCH.Following the announcement, BCH briefly surged 30%, breaking above $340 and briefly touching $358, with weekly gains at one point exceeding 50%. Bitcoin SV (BSV) also rose approximately 20% in tandem, approaching its yearly high of $21; Bitcoin fell back to around $84,000 on Wednesday.Digital asset management firm Grayscale has filed to convert its Bitcoin Cash Trust into a spot ETF listed on NYSE Arca. (Decrypt)
Bitwise's Institutional Crypto Asset Adoption Report states that it engaged with investment heads from 15 institutions, including endowments, pension funds, sovereign wealth funds, family offices, and publicly traded companies, between late March and April 2026. All surveyed institutions holding crypto assets hold Bitcoin, with allocations ranging from 0.5% to 13% of investable assets, mostly between 1% and 2%. During the crypto market's approximately 50% decline from October 2025 to April 2026, no institution reduced its holdings; some even increased them. Nearly all surveyed institutions have either used or plan to use spot crypto ETFs, with governance processes, operational arrangements, and reputational risk serving as the primary obstacles to expanding their allocations. Bitwise expects that most institutional investors will hold crypto assets over the next five years.
Odaily News: Citi stated that the U.S. Senate's failure to advance the CLARITY Act into formal consideration did not interrupt Bitcoin's rally. After the procedural vote on the bill was blocked, Bitcoin remained strong, with market attention now shifting to whether the SEC can advance rulemaking on trading, tokenized assets, and market access under its existing authority.Citi noted that the legislative setback will limit the CFTC's ability to obtain more complete crypto market regulatory authority in the near term. Its economics team believes this round of rate hikes may be close to a one-time move; the quantitative macro team warned that if AI investment continues to support growth and employment and wage pressures persist, interest rates may face further upward revision risks.
Odaily News: The European Banking Authority (EBA), the European Insurance and Occupational Pensions Authority (EIOPA), and the European Securities and Markets Authority (ESMA) stated in a joint risk update that advances in quantum computing could weaken the cryptographic systems that secure blockchain transactions, communications, and database security.In March, Google Quantum AI researchers estimated that the number of physical qubits required to break the cryptographic techniques used by many cryptocurrencies may be about 20 times fewer than previously estimated. A computer capable of carrying out such an attack does not yet exist.In February, Bitcoin developer Jameson Lopp and others proposed phasing out current signature schemes and restricting how unmigrated funds can be used five years after the proposal's activation. The proposal has not yet been adopted. The Ethereum Foundation plans to make Ethereum's execution, consensus, and data layers quantum-resistant by December 2029. (Cointelegraph)
Peter Schiff (@PeterSchiff) posted that Bitcoin rallied significantly yesterday, driven by Strategy's latest round of Bitcoin purchases and subsequent bullish remarks from Michael Saylor, who claimed that the Clarity Act's failure to pass into law is actually a net positive for Bitcoin. In response, Schiff sarcastically noted that Saylor would offer a similarly bullish interpretation regardless of whether the bill succeeded, questioning the obvious "self-serving" motives behind his comments.
According to Bitcoin News on X, the U.S. Treasury Department has sanctioned Iran's BitBank, alleging that the exchange processed Bitcoin payments made by ships under the Hormuz safety insurance scheme. The Office of Foreign Assets Control (OFAC) stated that, as of June, these payments had been transferred to Iran's Islamic Revolutionary Guard Corps; Babak Zanjani's network had used the exchange to move hundreds of millions of dollars in Bitcoin. U.S. Treasury Secretary Scott Bessent said that Bitcoin payment channels are not exempt from OFAC oversight.
Wintermute released its weekly market report, as the Federal Reserve voted unanimously 12-0 on September 21 to raise interest rates by 25 basis points to 3.75%-4.00%. Sixteen officials project at least one more rate hike this year, with inflation not expected to return to the 2% target until 2029. Two key catalysts previously monitored by the market—the FOMC rate decision and the CLARITY Act—have both materialized: the CLARITY Act failed to advance in the Senate (49-50 vote, falling short of the 60-vote threshold), prompting the SEC and CFTC to immediately state that they would establish crypto regulatory frameworks under their current authority. The market adjusted for only a single trading session before reclaiming its losses. BTC traded between $75,000 and $81,000 this week, closing at $81,159—the first time since last November it has breached the 50-week moving average; ETH gained 6.7%, trading in the $2,350–$2,600 range. Regarding ETF capital flows, net outflows totaled $746 million from Tuesday to Wednesday, partially reversed by $593 million in inflows from Thursday to Friday, resulting in a five-day net outflow of approximately $6 million. Outflows triggered by the CLARITY Act were nearly fully offset within 48 hours. At the start of this week, both BTC and ETH broke above the range resistance ahead of the U.S. equity market open. Fueled by approximately $250 million in short liquidations, BTC briefly surged to $86,000, setting an eight-month high. Wintermute’s analysis suggests: