Market Trends & Investment - SkyBridge Capital plans to tokenize $300 million in assets on Avalanche [1] - Bitmine bought another 52,475 ETH worth $220 million, bringing its total ETH holdings to 1,575,848 ETH ($6.6 billion) [1] - Bernstein predicts the crypto bull market could run through 2027, with Bitcoin reaching $150,000-$200,000 and altcoins like ETH and SOL driving the next phase [2] - Google increases stake in Bitcoin miner TeraWulf to 14%, becoming its largest shareholder [3] Regulatory Landscape & Policy - SEC Chair Atkins states the SEC is setting out to implement the President's Working Group on Digital Asset Markets' recommendations [1] - Wyoming becomes the first US state to launch a stablecoin, FRNT, backed by USD and Treasuries, though not yet available to the public [2] - South Korea's Financial Services Commission orders crypto exchanges to suspend new lending operations until proper guidelines are established [3] - Illinois governor signs two bills to protect crypto consumers [3] Stablecoin & IPO - Bullish received $1.15 billion in IPO proceeds settled in stablecoins, marking the first use of stablecoins in a U S initial public offering [1] Personnel Changes - Tether appoints Bo Hines, ex-White House Crypto Council exec, as Strategic Advisor for digital assets [2]

Regulatory Landscape - SEC Chair Atkins indicates swift implementation of the President's Digital Assets Working Group recommendations [1] - The aim is to establish America as the crypto capital of the world, reflecting presidential support [1]

Market Trends & Price Movements - Bitcoin experienced a retreat alongside a pullback in tech stocks [1][2] - Ether fell by more than 35% to $4,190 [3] - Solana's SOL token also decreased, dropping below $180 [3] Company News & IPOs - Figure Technology, a blockchain lending company, has filed to go public on the NASDAQ [1][4] - Figure Technology reported $191 million in net revenue for the first 6 months of 2025, a 22% increase compared to the same period last year [4] - Figure Technology reported a net income of $29 million for the first 6 months of this year, compared to a net loss of $13 million in the same period last year [4] - Tether hired Bo Hines to lead its US digital asset strategy [5][6] Regulatory & Legislative Developments - Wyoming will launch its own US dollar-backed stablecoin called Frontier Stable Token [7] - Congressman Brian Style discussed the Clarity Act, emphasizing its importance for fostering innovation and protecting consumers in the crypto space [10][12] - The Clarity Act aims to establish a clear regulatory framework for crypto, addressing the current lack of regulatory clarity in the US [11][13] - The Genius Act, a stablecoin regulation bill, has been signed into law [8][16] - The industry anticipates significant investment in the stablecoin space in the US following the enactment of the Genius Act [29]

RT BSCN (@BSCNews)INDIA MAY SOFTEN CRYPTO TAX GRIP — CBDT OPENS TALKS- India’s tax office has opened formal talks with crypto firms, marking a potential shift from its harsh stance.- The Central Board of Direct Taxes (CBDT) circulated a detailed questionnaire to exchanges this month, asking for input on how to design a workable regime for virtual digital assets (VDAs).- Questions cover whether India should draft a dedicated law, which agency should oversee it, and how to refine tax rules.- Stakeholders were ...

Core Insights - AirNet Technology Inc. has appointed Raeez Lorgat as Strategic Advisor to enhance its digital-asset strategy, leveraging his expertise in fintech and blockchain [1][2] - Lorgat's role will focus on protocol collaboration strategy, partnership evaluation, and supporting AirNet's Bitcoin and Ether treasury framework [1][2] - The engagement is seen as pivotal for AirNet's growth in digital assets, aligning with the next wave of financial technology [2][3] Company Strategy - The company aims to establish disciplined objectives and risk-managed frameworks for its digital-asset activities under Lorgat's guidance [2] - Lorgat will lead a strategic advisory team that includes academic leadership, optimizing AirNet's positioning in digital-asset ecosystems [3] Leadership Perspective - AirNet's CEO, Dan Shao, emphasized the value of Lorgat's unique combination of fintech innovation and blockchain insight for long-term growth [3]

Bo Hines resigns from White House.Bo Hines joins Tether.No more Tether FUDTether (@Tether_to):Tether Appoints Former White House Crypto Council Executive Director Bo Hines as Strategic Advisor for Digital Assets and U.S. StrategyRead more: https://t.co/N4ZXMU5181 ...

🚨🇺🇸 JUST IN: Tether appoints Bo Hines, ex-White House Crypto Council exec, as Strategic Advisor for digital assets. https://t.co/oiP9cLTdkk ...

Regulatory & Policy - US Treasury seeks public input on innovative methods to detect illicit activity involving digital assets via the GENIUS Act [1] - SEC delays decision on Bitwise and Coinshares XRP ETF, along with Grayscale and Canary XRP Trust [1] - US Treasury Secretary suggests stablecoins could "unlock financial access for billions worldwide" [3] - CMB International, a subsidiary of one of the world's largest banks, has launched regulated crypto trading in Hong Kong [3] Market Trends & Investments - VanEck maintains a $180,000 Bitcoin price target by year-end [1] - Blockchain-based lender Figure Technology files for an IPO, led by Goldman Sachs, Jefferies Financial Group, and Bank of America [2] - Billionaire VC investor Chamath files for a $250 million SPAC called "American Exceptionalism Acquisition Corp A" targeting energy production, AI, DeFi, and defense [2] - Michael Saylor's Strategy Inc will now allow stock sales at lower levels to raise money for buying more Bitcoin and covering expenses [2] - BitMine's crypto holdings surpass $6610 million, including 1520000 $ETH [3] - The amount of $ETH on centralized exchanges has dropped to its lowest level in 9 years [3]

Regulatory Landscape - US Treasury seeks public comment on the GENIUS Act to detect illicit activity involving digital assets [1] - Comments are due by October 17 as part of implementing the Trump-signed legislation [1]

Bitcoin ETF & Institutional Demand - BlackRock's Bitcoin ETF (IBIT) 取得了惊人的成功 [1] - 机构对加密货币的需求不断增长 [1] - 讨论了比特币 ETF 的购买者 [1] - 关注 IBIT 的市场份额 [1] Ethereum & Stablecoins - 以太坊的重要性日益增加 [1] - 稳定币的重要性日益增加 [1] - 探讨了代币化国债 [1] - 关注以太坊 L2 的发展势头 [1] Crypto Market & Adoption - 讨论了稳定币采用的障碍 [1] - 探讨了对加密货币的看法转变 [1]