Author: AltCoinDrops.com

Bitcoin price climbed back above $117,000 after the Federal Reserve announced its first interest rate cut of the year, sparking renewed optimism across risk assets.  Summary Bitcoin trades at $117,476, up 0.9% in 24 hours, with volume jumping nearly 50%. Fed cut rates by 25 basis points to 4.00%–4.25%, its first reduction since Dec. 2024. Derivatives data shows rising open interest, signaling stronger market participation. At press time, BTC was trading at $117,476, up 0.9% on the day and 3% over the past week. Bitcoin’s 24-hour spot trading volume surged 49.6% to $60.9 billion, indicating renewed participation after a quiet…

DBS, Franklin Templeton, and Ripple have signed a Memorandum of Understanding (MOU) to collaborate on offering trading and lending solutions that leverage tokenized money market funds on the XRP Ledger blockchain and Ripple’s stablecoin, Ripple USD (RLUSD).The MoU will see Franklin Templeton tokenize its money market fund, Franklin on-chain U.S. dollar short-term money market fund, on XRP Ledger, a public and enterprise-grade blockchain.At the same time, DBS Digital Exchange (DDEx) will list sgBENJI, the money market fund token, alongside RLUSD, enabling DBS clients to rebalance their portfolios between a stablecoin and a yield-generating money market fund. This will help investors…

The Securities and Exchange Commission has approved new generic listing standards for spot crypto exchange-traded funds, clearing the way for faster approvals. Summary SEC has greenlighted new generic listing standards for spot crypto ETFs. Rule change eliminates lengthy case-by-case approvals, aligning crypto ETFs with commodity funds. Grayscale’s Digital Large Cap Fund and Bitcoin ETF options also gain approval. The U.S. SEC has approved new generic listing standards that will allow exchanges to fast-track spot crypto ETFs, marking a pivotal shift in U.S. digital asset regulation. According to a Sept. 17 press release, the SEC voted to approve rule changes from…

TLDR ETH price has formed lower highs and lows since reaching ATH of $4,950 on August 14 Declining spot buying and ETH ETF outflows signal weakening demand Ethereum futures open interest dropped 18% from ATH of $70 billion on August 23 Network fees and revenue decreased despite price rally, partly due to Dencun upgrade Ethereum dominates stablecoin market with $165 billion supply (57% market share) Ethereum’s price has been struggling to break through the $4,500 resistance level for over 10 days, despite reaching an all-time high of $4,950 on August 14. The second-largest cryptocurrency by market cap has formed a…

Curve Finance has proposed a new protocol called Yield Basis that would share revenue directly with CRV holders, marking a shift from one-off incentives to sustainable income. Summary Curve Finance has put forward a revenue-sharing protocol to give CRV holders sustainable income beyond emissions and fees. The plan would mint $60M in crvUSD to seed three Bitcoin liquidity pools (WBTC, cbBTC, tBTC), with 35–65% of revenue distributed to veCRV stakers. The DAO vote runs from up to Sept. 24, with the proposal seen as a major step to strengthen CRV tokenomics after past liquidity and governance challenges. Curve Finance founder Michael Egorov has introduced a…

Ripple has announced a partnership with DBS and Franklin Templeton to introduce trading and lending services powered by tokenised market funds and RLUSD. Ripple, DBS, and Franklin Templeton Join Forces In a recent press release, Ripple announced it had partnered with DBS and Franklin Templeton to launch trading and lending using its RLUSD stablecoin and tokenised money market funds. The collaboration was formalized through a memorandum of understanding signed in Singapore. Under the deal, DBS Digital Exchange (DDEx) will list Franklin Templeton’s tokenised money market product, sgBENJI, alongside RLUSD.  This enables accredited and institutional clients to trade between a yield-bearing…

Keshav is currently a senior writer at NewsBTC and has been attached to the website since June 14, 2021. Keshav has been writing for many years, first as a hobbyist and later as a freelancer. He has experience working in a variety of niches, even fiction at one point, but the cryptocurrency industry has been the longest he has been attached to. In terms of official educational qualifications, Keshav holds a bachelor’s degree in Physics from one of the premier institutes of India, the University of Delhi (DU). He started the degree with an aim of eventually making a career…

Crypto exchange Bullish has reported a net profit of $108.3 million for Q2 2025, marking a major turnaround from a $116.4 million loss in the same quarter last year. Key Takeaways: Bullish posted a $108.3M profit in Q2 2025, reversing last year’s $116.4M loss. The exchange secured New York’s BitLicense and expanded its global regulatory reach. Q2 trading volume hit $179.6B, but Bullish expects a slight dip in Q3 activity. This is the platform’s first earnings disclosure since its debut on the New York Stock Exchange, and it comes with strong momentum in trading activity and regulatory wins.Digital asset sales…

NYSE-listed digital asset platform Bullish has secured the highly sought-after BitLicense from New York authorities and can now legally offer its services in one of the most stringent crypto markets. Summary Bullish has been granted a BitLicense and Money Transmission License by New York State regulators. This approval allows the firm to offer crypto trading and custody services to institutional clients in New York. Bullish shares rose nearly 6% after the approval was disclosed. As per the official announcement, Bullish, specifically its US arm, Bullish US Operations LLC, was given both the BitLicense and a Money Transmission License by the…

BDACS, a South Korean digital asset custodian, has officially launched the first Korean won–backed stablecoin on the Avalanche blockchain. Dubbed KRW1, the stablecoin is fully collateralized with Korean won deposits held at Woori Bank, AVAX reported on Thursday.“Every KRW1 is backed 1:1 with won held in escrow at Woori Bank,” wrote Avalanche on X. Avalanche is powering a new chapter in Korea’s digital economy. BDACS, together with Woori Bank, has launched KRW1, a fully collateralized, won-backed stablecoin. Currently in a pilot phase following a full PoC, KRW1 marks an important step toward regulated, bank-integrated… pic.twitter.com/fSsH4si5zP— Avalanche (@avax) September 18, 2025…