Crypto Markets & On-Chain Ecosystem Developments

Dongguk University Law School Digital Asset Center and digital asset strategic advisory firm INSIGHT3 signed a memorandum of understanding (MOU) for cooperation in digital asset legal research and professional training, announced on the 21st. The partnership aims to bridge the gap between academic l

Dongguk University's Digital Asset Center and strategic advisory firm INSIGHT3 signed a memorandum of understanding (MOU) on September 21 to jointly research digital asset law and regulations. The partnership will investigate domestic and international legislation, regulatory trends, and key legal i

The global stablecoin market has consolidated around dollar-pegged assets, with the Bank for International Settlements (BIS) reporting a market capitalization of $320 billion as of May end and annual trading volume of $28 trillion last year, according to data released on the 21st. Dollar-linked stab

According to the Bank for International Settlements (BIS), as of end-May, the global stablecoin market reached a market capitalization of $320 billion with annual trading volumes of $28 trillion, with dollar-linked stablecoins accounting for 99.4% of the total. Even in non-dollar regions, over 70% o

PayProtocol, the virtual asset payment subsidiary of Danal, signed a strategic memorandum of understanding with Squid, a global cross-chain swap protocol, on the 21st to integrate the PayCoin mainnet and build multichain payment infrastructure. The partnership aims to enable users holding assets on

According to its announcement on September 21, PayProtocol (a virtual asset payment subsidiary of Danal) and Squid, a global cross-chain swap protocol, signed a strategic memorandum of understanding to develop multichain payment infrastructure integrated with the PayCoin mainnet. Squid has

According to PPP prediction market tool, a Polymarket prediction that the average number of ships passing through Bab el-Mandeb Strait in late September will fall below 25 now trades at 9%, down 38% in 24 hours as of September 21. The market settles based on IMF Portwatch's official data for the

According to Shin Sung-im, head of Mirae Asset Securities' digital asset division in Hong Kong, the firm expects to lead Korean brokers in digital asset infrastructure expansion once South Korea's pending digital asset legislation passes. Speaking today at a Seoul seminar on September 21, Shin

According to Coinglass, the Crypto Fear & Greed Index currently stands at 71, down 1 point from yesterday. The 7-day average is 63, while the 30-day average is 66.

According to News1, Eugene Investment and Securities and blockchain company BEATOZ signed a memorandum of understanding (MOU) on September 21 to explore stablecoin-based settlement for token securities subscription payments. The two companies will jointly review the application and scope of stableco

According to RootData data cited by ChainCatcher, Gate led OPENAI contract trading with $49.49 million in volume over the past 24 hours, commanding 78% market share among derivatives exchanges.

According to SoSoValue, Ethereum spot ETFs recorded net outflows of $140 million last week (Sept. 14-18), ending a four-week inflow streak. BlackRock's ETHA led the outflows with $56.05 million in weekly redemptions, while Bitwise's ETHW saw $33.08 million in outflows. Among inflows, Grayscale's Eth

According to SoSoValue data, HYPE spot ETFs recorded net inflows of $3.0645 million during last week's trading days (September 14-18, ET). 21Shares ETF THYP led inflows with $2.3955 million, bringing its cumulative net inflows to $52.69 million. Grayscale's HYPG followed with $1.669 million in

According to SoSoValue, XRP spot ETFs recorded net inflows of $9.59 million for the week ended September 18. Bitwise ETF XRP led the inflows with $9.69 million, bringing its historical cumulative net inflows to $618 million. Franklin Templeton's XRPZ ETF contributed $5.02 million in weekly inflows,

According to ChainCatcher, Bitcoin spot ETFs saw net inflows of $6.21 million last week (Sept. 14–18), with BlackRock's IBIT leading the way at $121 million in weekly inflows, bringing its cumulative total to $64.12 billion. Fidelity's FBTC ranked second with $79.93 million in weekly inflows,

Gate News reports, citing an official announcement from Gate, that Gate’s Meme Gem product has launched 7 new tokens, including Stamp (Zcash Shielded Assets, SOL blockchain), NOTE (Note Systems, Robinhood blockchain), STONK10 (Stonk10 Index, SOL blockchain), ACAT (Avax Cat, SOL blockchain), FROGE (Froge, Robinhood blockchain), Genius (BSC blockchain), and CYPHERCAT (CypherCat, SOL blockchain). Meme Gem is an on-chain trading product launched by Gate that focuses on the Meme social trading ecosys

According to ChainCatcher, the U.S. House Financial Services Committee passed the modified H.R. 8957 American Reserves Modernization Act today with a 28-21 vote, establishing a federal strategic bitcoin and digital asset reserve program. The bill mandates that legally held federal bitcoin be