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These dizzying changes have generated billions of dollars in profits for the industry, while also bringing increased risks for investors and regulators.
![[Bitpush Weekly Web3 News Highlights] The UK and the US establish a special task force to explore cooperation on digital asset regulation; Bloomberg: Tether plans to raise $20 billion, reaching a valuation of $500 billion; Vitalik says the Fusaka upgrade will drive Ethereum scaling.](https://img.bgstatic.com/multiLang/image/social/f41f7db2f1e91a55956b2eda58f5a3211759020661027.png)
Grayscale’s spot XRP ETF awaits a decision on October 18, marking a major moment for Ripple and crypto ETF developments in the U.S.What’s Happening with Grayscale’s XRP ETF?Why This Decision MattersRipple Effect on the Crypto Market
Bitcoin needs just a 1.26% move to liquidate $3B in shorts, setting the stage for a major short squeeze.Bitcoin on the Brink of Massive Short SqueezeWhat’s Behind the $3B in Shorts?What Traders Should Expect Next
Vanguard may launch crypto ETFs, including Bitcoin, signaling a major shift in traditional finance's view on digital assets.TradFi Titan Vanguard Eyes Crypto ETF LaunchWhy Vanguard’s Move MattersWill This Push Other TradFi Giants Further Into Crypto?
- 02:45Uber early investor urges investors to buy Bitcoin directly instead of investing through Strategy stocksAccording to ChainCatcher, citing Bitcoin News, Uber early investor Jason Calacanis urged investors to buy bitcoin directly rather than investing through Strategy (MSTR) stock. He stated that Michael Saylor's investment approach carries risks and predicted that there is a 75% chance he will be proven right.
- 02:45Bombay Stock Exchange rejects listing application of crypto treasury company Jetking InfotrainOn September 28, it was reported that the Bombay Stock Exchange (BSE) in India rejected the listing application of IT training company Jetking Infotrain because the company planned to invest about 60% of the raised funds in virtual digital assets as a fund management strategy, mainly investing in BTC. The company stated that it is evaluating the situation and considering appealing to the Securities Appellate Tribunal.
- 02:45UXLINK: On-chain user migration is expected to begin next week, with UXLINK covering the gas fees.Jinse Finance reported that UXLINK has released an update on its security incident, stating that the security solution has been upgraded and approved by a third-party security advisor. CEX migration will begin next week, and the new token generation process has been completed. Tokens on exchanges that have not yet completed migration will remain locked until they are transferred to exchanges and market makers (MM). User migration will also begin next week, with UXLINK covering the Gas fees. Staking users will receive all tokens and APY calculated up to October 31, 2025.