Oct 1 • 💬 General Discussion
Crypto News Roundup September 30, 2025
📉 Market & Price Moves
- Bitcoin & altcoin dragBitcoin slipped about 1% in 24 hours, with Ethereum down ~2.8%, Solana ~3.9%, and XRP ~2.9%. Many traders see this as a reaction to rising political uncertainty over a possible U.S. government shutdown. Barron'sStill, some altcoins saw gains earlier, with Bitcoin up ~2.4% and Ethereum ~2.8% before the closing pullback. Barron's
- Market structure & sentiment
🏛️ Regulation, Policy & Institutional Developments
- SEC commissioner open to tokenization engagementHester Peirce (SEC Commissioner) publicly stated willingness to “work with people who want to tokenise,” encouraging dialogue rather than confrontation. Reuters
- Visa experiments with stablecoinsVisa announced it is testing a new payment route allowing businesses to fund cross-border transactions using stablecoins (rather than pre-depositing fiat). This move reflects growing institutional confidence in digital assets and the regulatory clarity around stablecoins (e.g. under the GENIUS Act). Reuters
- OKX launches stablecoin payments in SingaporeOKX Pay now allows merchants in Singapore (via GrabPay) to accept USDC/USDT. The process involves converting stablecoins to XSGD, then settling in SGD to merchants. This implementation expands real-world use cases for stablecoins in payments. Reuters
- China’s offshore yuan stablecoin in KazakhstanChina launched AxCNH, a regulated offshore yuan-pegged stablecoin in Kazakhstan, using Conflux’s blockchain. The move is part of China’s push to expand its digital asset influence in cross-border trade. Reuters
- Outgoing NY regulator backs crypto passporting with UKAdrienne Harris (NY Department of Financial Services) voiced support for a crypto “passporting” scheme between the U.S. and UK, allowing regulated firms market access across borders. She made this remark as she announced her resignation. Financial Times
- Australia proposes new crypto law under existing licensing regimeThe Australian government tabled draft legislation to extend its Australian Financial Services Licence (AFSL) regime to crypto firms. The rules would impose conduct, governance, and risk standards, with stiff penalties for violations. The Australian
- SWIFT & major banks exploring blockchain settlement overhaulSWIFT and leading global banks are collaborating to prototype a blockchain-based ledger for cross-border settlement, aiming to make payments faster, 24/7, and more efficient. Reuters
🌱 Ecosystem & Infrastructure Trends
- Miners drawn to clean energy in BrazilA surplus of renewable energy (particularly hydropower) in parts of Brazil is attracting cryptocurrency mining operations, seeking lower energy costs and greener footprints. Reuters
- FTX’s third major creditor payoutOn September 30, the FTX bankruptcy estate plans to distribute US$1.6B to creditors, marking the third large repayment since the exchange’s collapse. CoinDesk
- Binance (BNB) technical move upwardBNB broke out above $1,000 after exiting a descending channel, indicating renewed bullish momentum in that ecosystem. Brave New Coin
🔎 Key Themes & What to Watch
- Volatility amid political riskThe looming possibility of a U.S. government shutdown is influencing risk assets, including crypto. Traders may brace for further swings especially with macro headlines setting the tempo.
- Regulation as foundation, not obstacleMoves like Australia’s draft law and Visa’s stablecoin initiative suggest the narrative is shifting: when regulation is clearer and sensible, firms are more willing to integrate crypto into core business models.
- Stablecoins in payments & cross-border flowUse cases for stablecoins are expanding — not just in DeFi or trading, but in real-world payment rails and remittances. This is a critical axis for mass adoption.
- Institutional and infrastructure betsCollaborations (e.g. SWIFT + banks), mining location shifts, and payout flows from collapsed exchanges like FTX are all shaping capital and narrative flows in the crypto ecosystem.
- Altcoin rotation dynamicsWith BTC dominance rising, some altcoins may underperform unless they can carve out differentiated value (e.g. strong fundamentals, protocol upgrades, or use case innovation).
0
0 comments
Crypto News Roundup September 30, 2025
powered by
skool.com/crypto-mastery-academy-2311
Private club for crypto traders. Let's master trading together.
Suggested communities
Powered by