Cryptonews

In the bustling marketplace, our hero AVAX doth trade steadfastly at $32.80, boasting an intraday premium-a princely 10.6%! The noble cap of this coin hath ascended by 10.55% to a magnificent $13.85 billion, whilst a brisk volume of $1.62 billion changes hands like courtiers at a royal ball. With a capricious spirit, AVAX hath danced betwixt $29.44 and $33.20 in a single day, breaking through a critical technical barrier-surely a herald of grander adventures to come!

These updates aren’t just corporate jargon in tweets-they’re real, folks! DEX volume spiking, Bitwise’s ETF filing, and institutions drooling over AVAX like it’s the last slice of pizza. Demand? Liquidity? Institutional interest? They’re all here, probably plotting world domination. 🤖

There it stands, opposite Union Square, on the sacred National Mall, a mile’s stroll from the White House. A tribute, they proclaim, to Trump’s “unwavering commitment to advancing the future of finance through Bitcoin and decentralized technologies.” Ah, yes, unwavering indeed, like a weathervane in a hurricane! 🌪️

In what can only be described as a delightful blend of bureaucratic rigor and governmental watchfulness, India has reportedly mandated cybersecurity audits for all cryptocurrency exchanges, custodians, and intermediaries. The Financial Intelligence Unit (FIU), in its infinite wisdom, directed that virtual digital asset (VDA) service providers must engage auditors employed by the Indian Computer Emergency Response Team (CERT-In), according to a quaint report from Economic Times on Sept. 17. Oh, CERT-In, the embattled guardian of the country’s cybersecurity infrastructure, who on this day, alongside the auditors, will witness VDA providers scrambled for compliance, much like myself at a prolonged family dinner. Thrillingly, the completion of these audits is now mandatory for FIU registration, thereby equating VDA service providers with banks under the illustrious Prevention of Money Laundering Act, 2002.

Its local subsidiary, BitGo Europe, shall now prance about like a peacock, flaunting its ability to cater to institutional clients with an over-the-counter (OTC) trading desk and multiple liquidity venues. 🦚💰 Oh, the opulence! This extension, my dear reader, builds upon BitGo’s previous Markets-in-Crypto-Assets (MiCA) license, a trinket acquired in May 2025, which allowed it to mingle with traditional institutions and crypto natives alike in the European Union.

It is quite diverting to observe that, notwithstanding this temporary dalliance with stillness, the undercurrents of purchase persist with vigour. Meanwhile, the social sphere buzzes with ceaseless chatter concerning our dear Solana, denoting an ever-growing fascination amongst its devoted assembly.

The centerpiece? Stretching Layer 1, that stubborn backbone, to do more work without losing its soul. He’s dialing up the Gas limit-yes, like pumping more breath into an old truck engine-so more computations fit into each block. And with fancy gizmos called ZK-EVMs, Ethereum promises to be faster and bigger, as if it grew muscles overnight.

Good sir or madam, you are perusing Crypto Long & Short, our weekly missive brimming with insights, news, and analysis for the discerning investor. Do subscribe here to receive it in your digital repository each Wednesday, sans fail.

BREAKING: DFS says, “Hey, NY banks, you gotta toughen up your compliance game if you wanna play with virtual currency.”

New rule: Use fancy blockchain tools to sniff out bad stuff and keep your customers from losing their shirts.

Details? Oh yeah, they got those:

Traders have been split – do they front-run expected Fed rate cuts and ETF chatter, or wait for clearer signals? The Altcoin Season Index sits at 70/100, suggesting capital is already rotating away from $BTC dominance and into higher-beta plays. Honestly, it’s like watching a game of financial chess. 🧐