24/7 Blockchain industry dynamics and breaking crypto news
A crypto-backed PAC has spent $11.4 million on ads opposing Senator Sherrod Brown's re-election, part of a massive $30 million effort to block the crypto-skeptic Democrat. The Ohio Senate race saw over $300 million in outside spending, highlighting the industry's growing political clout.
Read MorePresident Putin has signed a decree expanding Russia's military personnel to 2.44 million, including 1.55 million active-duty troops. This marks the fourth expansion since early 2026, drawing international attention to Russia's long-term strategic posture.
Read MoreSpaceX's Starship achieved its first orbital flight on September 28, successfully deploying 26 next-generation Starlink V3 satellites. This milestone marks significant progress towards full reusability. However, the planned 10-hour orbital mission ended abruptly after just 3 hours, with the vehicle splashing down in the Pacific. The cause remains undisclosed.
Read MoreGoldman Sachs has connected its roughly $100 billion Treasury fund, FTIXX, to the Lynq digital asset settlement network. This provides institutional crypto firms with a new channel for cash management and fund subscription, signaling deeper integration between traditional finance and digital asset infrastructure.
Read MoreAmid tightening liquidity in private assets, the SEC has issued guidance stressing robust valuation practices and transparent risk disclosure. This statement signals heightened regulatory focus on how firms value illiquid holdings and communicate risks to investors.
Read MoreIranian officials have denied media reports suggesting flexibility in nuclear negotiations, calling them inaccurate. They accuse the US of diverting attention from its difficulties in the Strait of Hormuz by highlighting nuclear issues, and reaffirm that Iran's stance remains unchanged with no current discussions underway.
Read MoreU.S. and Iranian officials resumed talks through mediators on September 28, focusing on revising Iran's proposal to reopen the Strait of Hormuz within seven days. The discussions signal a potential easing of tensions between the two nations.
Read MoreOn September 29, all three major U.S. stock indices closed lower, with the Nasdaq leading declines. Tech stocks, particularly in optical communications and memory chips, saw significant losses. Gold mining shares also fell broadly. Notably, Nvidia bucked the trend with a modest gain and announced a major expansion of its stock buyback program.
Read MoreIranian officials are reportedly pessimistic about reaching a deal with the U.S. before November's midterm elections. Recent UN talks saw little progress, with Tehran fearing heightened tensions post-election. Despite open diplomatic channels, deep mistrust makes a near-term breakthrough unlikely.
Read MoreFederal Reserve Governor Lisa Cook stated that strong demand from AI infrastructure build-out, rising oil prices, and geopolitical supply chain disruptions will continue to push inflation higher in coming months. While AI may boost productivity later, near-term demand pressures dominate. Monetary policy remains data-dependent, with close watch on AI's labor market impact.
Read MoreThe U.S. Dollar Index climbed 0.22% on September 28, closing at 101.197. The gain reflects shifting expectations around Federal Reserve policy and heightened market caution. Analysts highlight upcoming inflation data and interest rate decisions as key drivers for future currency movements.
Read MoreWhite House economic advisor Hassett warns that while the U.S. economy has potential for 4% growth, external headwinds, labor market shifts, and fiscal challenges could prevent achieving the 3% sustained growth target. He also addresses rising bond yields and economic resilience.
Read MoreEthereum has broken through the key $2700 resistance level, currently trading at $2700.3 with a 0.09% 24-hour gain. Market volatility remains elevated, requiring investors to closely monitor price action and manage risk exposure.
Read MoreOn-chain data reveals BlackRock-linked addresses withdrew approximately $127 million worth of Bitcoin and Ethereum from Coinbase Prime. The move, involving $95.43M in BTC and $31.52M in ETH, highlights shifting institutional custody strategies and market positioning.
Read MoreAnthropic launches Claude Sonnet 5.5, a major upgrade offering over 30% faster speed and up to 30% lower task costs. This mid-tier model excels in coding, long-context tasks, and image understanding, targeting daily work. Pricing unchanged, now available on major cloud platforms.
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