Crypto Markets & On-Chain Ecosystem Developments

The Crypto Council for Innovation (CCI) and the Blockchain Association (BA) filed a motion for a preliminary injunction with the Circuit Court of Sangamon County, Illinois, on September 10, asking the court to halt the tax before it takes effect on January 1, 2027. CCI CEO Ji Hun Kim said companies are being forced to spend millions of dollars building systems for a tax that violates their constitutional rights, even though they have received no clear guidance on what will be taxed or when and a

Bitcoin formed a golden cross on the 8th, with its 50-day moving average crossing above the 200-day moving average, marking the first such bullish technical signal since May last year. The golden cross, a widely recognized indicator in technical analysis showing short-term trends strengthening

According to Business Insider, on September 8, Bitcoin's 50-day moving average crossed above its 200-day moving average, forming a golden cross—a bullish technical signal indicating the first such occurrence in over 15 months. Bitcoin was trading at $78,161 on September 10, down 0.36% in 24 hours. A

According to CoinDesk, PayPal launched PYUSDx yesterday (September 9), a platform enabling businesses to issue custom stablecoins backed by PayPal USD. The platform was developed in collaboration with M0, a fiat-pegged token infrastructure provider, and MoonPay, a crypto payments firm. Tokens

The Block’s “Data and Insights” analysis released on September 9 showed that Bitcoin had risen nearly 22% since August 17, but among all tracked mining companies, the median gain was only 1.8%, lagging Bitcoin by more than 20 percentage points. According to Cryptopolitan’s calculations, ordinary mining stocks captured only 8.2% of Bitcoin’s gain. Bitcoin Miners’ Median Gain: 1.8% The Block’s analysis released on September 9 noted that Bitcoin had risen nearly 22% since August 17, but among all t

According to Bitrace's 2026 Crypto Crime Report via ChainCatcher, high-risk blockchain addresses collected $502.1 billion in illicit funds during 2025. Online gambling accounted for $145.3 billion, money laundering $69.8 billion (including $60.2 billion in USDT on Tron), and black market

According to Odaily, the Arbitrum Watchdog Committee proposed today to permanently exclude Good Entry, Limitless, and APX Finance from all future Arbitrum DAO programs. The committee, composed of Entropy Advisors, MinistroDolar, the Arbitrum Foundation, and OpCo,

According to BlockBeats, the U.S. Department of Commerce announced on September 9 that it will provide up to $100 million each to Rigetti, D-Wave, and Quantinuum under the CHIPS Act to expand fault-tolerant quantum computing hardware, manufacturing, and error correction systems. Ethereum has set

The LAPTOP Foundation posted a statement on September 10, saying that its official X account is currently suspended and that the team is working to restore it, while clarifying that it will not exit the LAPTOP project. To improve liquidity, the foundation allocated 4 million LAPTOP to the Aerodrome liquidity pool. Both prediction events settled as “YES,” and 10 million LAPTOP will be permanently burned within the first week after launch. LAPTOP Foundation: Medium as an Alternative Communication

Whale Alert confirmed a transfer of 143,024,310 USDC from decentralized lending protocol Aave to an unknown wallet address on September 9, 2026. The blockchain monitoring platform announced the transaction via its official Twitter account. Aave is a leading decentralized finance (DeFi) protocol

Tether and London-based asset management company Fasanara Capital jointly announced on September 10 the launch of StableFund, a permanent-capital private credit fund. Initially funded by both companies, the fund has a total size of $400 million and aims to raise up to $3 billion from institutional investors. The fund operates through fintech platforms in more than 60 countries, with USDT serving as the settlement infrastructure for on-chain and off-chain fund movements. StableFund Fund Structure

According to SoSoValue data cited by ChainCatcher, SOL spot ETFs saw net inflows of $11.73 million yesterday (September 9). Bitwise Solana Staking ETF (BSOL) led inflows with $11.18 million, bringing its cumulative net inflows to $1.03 billion, followed by Morgan Stanley Solana Trust (MSOL) with $55

According to The Block, Open Standard announced its Open USD stablecoin on Sept 10, featuring a model that shares reserve yields with institutions and developers while charging only transaction fees to developers and zero redemption fees for corporate users. The protocol aims to distribute

According to ChainCatcher, Ben Gruenbaum, former community data analyst at Magic Eden and founder of Magic Lab, accused the NFT marketplace of altering reward mechanisms, governance, and product strategy after users locked tokens for extended periods. The $ME token has a fixed supply of 1 billion, w

Bitcoin (BTC) remains range-bound, trading at around $78,320 as of September 10. U.S. Treasury Secretary Bessent urged the Senate to advance the CLARITY Act, which aims to establish a comprehensive regulatory framework for digital assets. The U.S. Department of Commerce awarded up to $100 million each to three quantum computing companies—Rigetti, D-Wave, and Quantinuum—under the CHIPS Act, and will take minority stakes in the three companies. Macroeconomic Events & Crypto Highlights U.S. Treasur

According to on-chain analyst Ember, XXAntiWar deposited 2.19 million USDC into Hyperliquid and shorted 5,200 ZEC at $1,273 early this morning, with a notional position value of approximately $6.62 million. The position has generated unrealized gains of about $220,000. The liquidation price for

According to Token Terminal, Circle's tokenized U.S. Treasury bills market cap grew by $2 billion over the past year, positioning the company as a leading player in digital asset tokenization. The growth outpaced competitors Franklin Templeton, which added $1.6 billion, and Ondo Finance with $1.2 bi

According to @tokenterminal, Ethereum bridged from Layer 1 to Robinhood Chain has surpassed $730 million in value, representing a 150% increase over the past month. This surge in bridging activity reflects growing interest in Layer 2 solutions for enhancing transaction