According to those mysterious gods of finance known as exchanges (ethereum, if you’re one to trust names), futures open interest (OI) is strutting around $64.57 billion-roughly 14.43 million ETH-like a cat convinced it owns the place, all courtesy of Coinglass. Markets have been chopping about September as if trying to figure out where the last slice of pizza went.
Cryptocurrency exchange Bybit, the digital equivalent of a party animal, announced on Sept. 19 it’s teaming up with QNB Group (Qatar’s bank) and DMZ Finance to launch QCDT, a DFSA-approved tokenized money market fund (MMF) backed by U.S. Treasuries. Basically, it’s like putting your cash in a gold-plated piggy bank and calling it a crypto asset. 🐷💰
Laying its golden threads on the tapestry of time, September 20 heralds International NFT Day-a jubilee of digital ownership, creativity amid the silvery glow of online ether, and the shimmering march of blockchain progress.🎉
$37.7 million-the figure that danced across the ticker on its debut day. Bloomberg’s Eric Balchunas, ever the maestro of hyperbole, dubbed it the “biggest natural first-day volume” of any ETF launch in 2025. Meanwhile, the Dogecoin ETF, that court jester of crypto, trailed meekly with $17 million. Together, these ’40 Act crypto ETFs siphoned over $54.7 million, a sum that could fund a small revolution or at least a lavish dinner for Wall Street’s elite. 🍾
Indeed, my friend, this novel creation postures itself as a modern-day exchange, bridging the wide chasm between the self-reliance of DeFi and the centralized constructs we so adore, all the while featured under the beguiling appellation “next-gen DEX”. All comers are invited – from novices who rush to partake in the “Simple Mode” with but a single click, to the astute professionals who seek the sumptuous banquet of “Pro Mode”, with its stock perpetuals and hidden orders, wrapped in the grid trading that tantalizes.
With a treasure trove that would make Scrooge McDuck seethe with undignified envy, BitMine boasts holdings worth nearly $9.7 billion. But why stop there, you might ask? With an ambition that taxes one’s credulity, BitMine has rolled up its proverbial sleeves and set its sights on nothing less than 5% of Ethereum’s entire supply. 💼😊
This here XRP has been flailin’ about like a fish outta water, tryin’ to climb higher, but every attempt is met with folks sellin’ faster than a politician avoidin’ a straight answer. This repeat failure to make a new high? Well, it’s opened the door for a bit of trouble, ya see.
Our favorite national police force-because nothing screams “serious” like men on horses-decided to bust the biggest unlicensed crypto exchange ever in Canada. And by bust, I mean they confiscated $40 million in digital assets. Not Monopoly money-real digital cash.
Kraken, that colossal titan of crypto exchanges, has cozied up to Trust Wallet-the self-custody wallet with more users than a middle school TikTok dance trend. Together, they’ve devised a plot to bring the magic of tokenized equities to the masses, using the mystical powers of Backed’s xStocks. Trust Wallet, in case you’ve been living under a rock, is the largest wallet for self-custody crypto in the world, and this collaboration will lure millions of new users into the heady world of tokenized equities. Lucky them! 😎
FTX has assured its long-suffering victims-er, customers-that the funds will magically appear in their chosen accounts within 1-3 business days from September 30. 🕊️ And fear not, for FTX will be working hand-in-hand with the likes of Bitgo, Kraken, or Payoneer to ensure this financial miracle happens. Because what could possibly go wrong with a bankrupt company handling your money again? 🤡