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Quick Take Summary is AI generated, newsroom reviewed. SEC approves Hashdex Nasdaq Crypto ETF XRP under new generic listing rules. XRP, Solana, and Stellar join Bitcoin and Ethereum in the ETF basket. The approval allows regulated investors easier access to multiple cryptocurrencies. ETF inclusion doesn’t guarantee price gains, but boosts legitimacy and liquidity.References Hashdex Nasdaq Crypto Index US ETF has been approved under the SEC's new generic listing standards. Hashdex Nasdaq holds XRP!
Andrew Kang believes that Tom Lee is arbitrarily drawing lines under the guise of technical analysis to support his own biases.
They allow you to get ahead of the curve earlier.
This figure means that Tether's scale will be directly comparable to top global tech unicorns such as OpenAI and SpaceX.
The U.S. Senate Finance Committee will hold a key hearing to discuss digital asset tax policies, aiming to establish a comprehensive regulatory framework for the crypto industry, address tax ambiguities, and impact global capital flows. Summary generated by Mars AI. This summary is produced by the Mars AI model, and the accuracy and completeness of its content are still being iteratively updated.
Andrew Kang believes Tom Lee is merely drawing lines under the guise of technical analysis to support his own bias.
This number implies that Tether's market capitalization will directly rival that of global top-tier tech unicorns such as OpenAI and SpaceX.
Besant was "somewhat surprised" that Powell did not signal at least a 100 to 150 basis points rate cut by the end of the year.
- 07:29The cumulative trading volume of PerpDEX SunPerp in the TRON ecosystem has exceeded 14.6 million USDT.According to ChainCatcher, citing official social media sources, as of the 7th day of the public beta for the TRON ecosystem decentralized perpetual contract exchange SunPerp, the platform has surpassed 6,000 users, with a cumulative trading volume exceeding 14.6 million USDT. Notably, since SunPerp uses SUN as the platform token and allocates platform revenue for SUN buyback and burn, the on-chain transfer volume of SUN has surged since the start of SunPerp's public beta. In particular, on September 23, the single-day on-chain transfer volume of SUN reached as high as 9.27 billion tokens, valued at nearly $300 million. Risk Warning
- 07:16UAE's M2 Capital invests $20 million in Ethena to promote digital asset development in the Middle EastChainCatcher reported that M2 Capital Limited, the investment arm of UAE-based M2 Holdings, has invested $20 million in Ethena's governance token ENA. This move highlights the group's efforts to build new digital asset infrastructure in the Middle East and to play a larger role in global finance. Ethena is best known for its crypto-native synthetic dollar USDe and its yield-generating version sUSDe. Both are collateralized by crypto assets and use hedging strategies to reduce volatility. Since its launch in 2024, the protocol has attracted over $14 billion in deposits, reflecting strong market demand for products that combine stablecoin features with yield potential. M2 Holdings' affiliated company M2 Global Wealth will include Ethena in its wealth management product portfolio. The group stated that this provides clients with a regulated way to access returns from emerging digital assets.
- 06:51Ohio Approves Cryptocurrency Payments for State Government FeesOn September 25, according to Decrypt, the Ohio State Depository Board has unanimously approved a vendor proposal to support the use of cryptocurrencies, including bitcoin, for the payment of state government fees and services. Secretary of State Frank LaRose stated that the relevant departments process hundreds of thousands of transactions annually and have received increasing demand for cryptocurrency payment options. This initiative is part of Ohio's push for digital asset legislation, including the Blockchain Protection Act and the bitcoin reserve proposal.