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Bitcoin Survived the CLARITY Act Setback: What Happens Next?

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It was a massive week for the entire cryptocurrency industry, with essentially nothing going its way, and yet bitcoin managed to seemingly weather the storm, especially from the bigger blow – the failure of the CLARITY Act.

The cryptocurrency’s price dropped to a multi-week low at $75,000 immediately after the US Senate voted against advancing the key bill on September 15, but has since recovered all losses and even exceeded $81,000 on Friday.

Uncertainty; Not a New Crackdown

CryptoPotato reached out to several prominent crypto experts to see what their take is on the vote, which fell short of the 60 senators required to move the legislation forward. Alvin Kan, COO at Bitget Wallet, noted that the result should not be interpreted as Washington reversing its stance on the digital asset industry by imposing new restrictions.

“The CLARITY Act’s failure to advance has preserved the current US regulatory patchwork,” he said.

The legislation’s core idea was to establish clearer boundaries between the SEC and the CFTC and create federal rules covering the crypto markets and intermediaries. Its failure, though, leaves much of that work with regulators instead of Congress.

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Kan explained that the vote did not introduce new restrictions on self-custody or self-hosted wallets. However, protections included in the proposed legislation remain without the stronger statutory foundation the bill could have provided. Some of those included provisions covering users controlling their own assets and developers providing non-custodial software.

Bitget Wallet’s COO argued that continued uncertainty affects smaller companies disproportionately. For instance, recent data from Electric Capital indicated that the US share of global crypto devs has dropped from 38% in 2015 to 19%. The country also captured somewhere between 2% and 5% of centralized-exchange volume growth between 2024 and 2025.

What Comes Next?

The CLARITY Act is not technically dead, as a procedural vote by Senator Thom Tillis preserves the possibility of reconsideration, although the legislative calendar makes passage this year increasingly difficult. Meanwhile, the two main regulatory bodies in the country are expected to continue using their existing authority.

The SEC already moved this week to introduce a five-week exemption facilitating certain tokenized-stock trading, showing that regulatory development can continue even without Congress, something that Bitwise’s CIO predicted.

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Iliya Kalchev, Nexo Dispatch analyst, commented on BTC’s price reaction, indicating that the $3,000 drop to $75,000 should not be dismissed easily. However, the subsequent rebound shows that the vote was “already priced in beforehand, as markets treated a failed vote as the likely outcome for weeks; so this looked more like confirmation than surprise.”

“The US has already shown it will legislate crypto piece by piece when the politics allow it, and there is little reason to think market structure ends up the permanent exception,” he concluded.

The post Bitcoin Survived the CLARITY Act Setback: What Happens Next? appeared first on CryptoPotato.

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From Florida to Nevada, retirees are fleeing to no-tax states in search of financial ‘heaven.’ They don’t always find it

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From Florida to Nevada, retirees are fleeing to no-tax states in search of financial 'heaven.' They don't always find it
Rearview of a senior couple taking a walk along a wooden foot bridge at the beach.
Jacob Lund/Shutterstock

Sunny, low-tax states like Florida, South Carolina and Nevada have become a magnet for U.S. retirees, with Florida alone placing four cities in the top 10 WalletHub’s Best Places to Retir survey. Scottsdale, Arizona and Las Vegas, Nevada also placed in the top 12 slots in the survey.

Relocation and family finance experts say retirees are drawn to sunnier, usually southern U.S. locales not only due to the warmer climate, but for a lower, or no, tax-rate. Now, data is showing that many retirees are finding their new states bring countering cost of living issues to the buffet table, most notably homeowners association fees and sky-high home insurance rates.

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“Florida has no personal state income tax, which can be very attractive, particularly to higher-income retirees, but “no income tax” and “lower cost of living” are not the same thing,” Nicole Brown, CEO of Pathways International Inc., a real estate and capital advisor, told Moneywise.

“The number that matters is net disposable income after the entire lifestyle is considered, not just the tax rate,” she noted.

Here’s what’s happening on the low-tax retirement destination front

The rebound move is alive and well in the Sunshine State, with just the same numbers of retirees entering and leaving Florida. According to data from HigherAHelper’s New Retirement Map, 45,696 Americans aged 65-or-over moved to Florida in 2025. Yet 44,881 retirees exited the state the same year, leaving Florida with an 815-retiree net gain for 2025.

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No doubt, personal income flow plays a big role in who moves to a state like Florida and who leaves, retiree-wise. “The income issue is huge,” Brown noted. “Two retirees with the same net worth can experience a move very differently depending on whether their cash flow comes from Social Security, pensions, tax-deferred retirement accounts, taxable investments, real-estate income or some combination.”

What to do before making a move to a low-or-no tax state

If you’re thinking of moving to Florida or any other low- or-no-tax state, consider these things beforehand.

Factor in taxes right away

Brown said that someone generating significant taxable working or investment income may place a much higher dollar value on moving to a state without personal income tax than someone whose income receives better treatment in their original state.

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DTCPay Adds SBI Group as Strategic Investor, Raises Series A to $25M

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Crypto Breaking News

Singapore-based payment firm dtcpay has closed a $25 million Series A funding round, initially led by Vertex Ventures Southeast Asia & India and now bolstered by an additional anchor from Japan’s SBI Group. The company says the investment underscores growing institutional interest in stablecoin payments that aim to work with everyday finance instead of sitting on the margins of crypto.

dtcpay previously secured the Series A’s initial tranche in April, and the final round now includes participation from Genedant Capital and existing investor Kwee Liong Tek. In a company statement released Friday, dtcpay positioned the funding as a step toward making cross-border value transfers as frictionless as traditional payments.

Key takeaways

  • dtcpay has completed its $25 million Series A round, with SBI Group joining as a strategic anchor investor.
  • Vertex Ventures Southeast Asia & India led the April portion of the raise, with additional participation from Genedant Capital and existing backer Kwee Liong Tek.
  • The company markets its platform around “stablecoins as seamless and accessible” payments rather than a crypto-only experience.
  • dtcpay’s Visa card reportedly enables spending using both fiat and stablecoins across 150 million+ merchant locations.
  • Licensed operations span Singapore and the EEA, supporting the company’s focus on regulated payment services.

SBI Group joins dtcpay’s Series A

dtcpay said the completed Series A was led by Vertex Ventures Southeast Asia & India, part of Vertex Holdings, which is wholly owned by Temasek Holdings. The company described the funding as coming at a time when stablecoins are increasingly being discussed by traditional finance players—particularly in contexts where settlement speed and cross-border transfer efficiency matter.

Japanese financial conglomerate SBI Group now adds further institutional weight to the round. The firm’s broader footprint across banking, securities, insurance, asset management, and digital assets gives dtcpay additional industry exposure as it scales its payment rails.

In its statement, dtcpay emphasized that the raise was not intended to simply extend existing operations. Founder and CEO Alice Liu said, “We did not raise this round to sustain what we have built. We raised it to fundamentally change how money moves across borders.”

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From crypto payments to stablecoin-first transactions

dtcpay’s pitch centers on stablecoins as a payments layer that can integrate with consumer spending rather than requiring users to actively manage cryptocurrency portfolios. Cointelegraph previously reported that dtcpay launched a payment system for both in-store and online transactions using fiat and cryptocurrencies (coverage from 2023). In 2024, Cointelegraph reported dtcpay shifted toward stablecoin-only transactions, including support for stablecoins rather than assets such as Bitcoin.

This evolution matters for adoption because stablecoins align more closely with how most users experience pricing and budgeting—where volatility is a critical friction point. dtcpay’s current framing suggests the company is aligning product design with the needs of regular commerce: payments that behave more like digital cash and less like a speculative asset.

A Visa card built for fiat and stablecoin spending

A key element of dtcpay’s go-to-market strategy is its Visa card. The company says the card enables spending using both fiat and stablecoins across more than 150 million merchant locations worldwide. That distribution signal is part of why dtcpay describes stablecoin access as “seamless and accessible” in everyday settings, rather than limited to crypto-native venues.

For investors and market observers, this approach highlights the operational challenge behind many stablecoin payment narratives: the ability to move from a backend token settlement concept to a front-end experience that consumers can use without changing their payment habits. dtcpay’s mention of Visa merchant coverage suggests an emphasis on real-world usability and merchant acceptance at scale.

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Regulated footprint across multiple jurisdictions

dtcpay also stresses its regulatory positioning. The company says it is licensed by the Monetary Authority of Singapore and holds an Electronic Money Institution license in Luxembourg. It also states it is authorized to deliver regulated payment services across the European Economic Area, while maintaining licenses and registrations in Hong Kong, Australia, the United States, and Canada.

It’s also worth noting that Genedant Capital—one of the participants in the round—is described by the company as a Singapore-based fund management firm licensed by the Monetary Authority of Singapore, with more than $2 billion in assets under management and advisory. Genedant’s involvement adds another layer of compliance-aware capital alongside the strategic capabilities dtcpay is seeking from its broader investor base.

In practical terms, the regulatory footprint is central to why institutional investors may be more willing to engage with stablecoin payment startups now than in earlier crypto cycles. While stablecoins themselves remain an area of ongoing policy debate globally, regulated payment licensing and cross-border authorization can reduce uncertainty around how value moves and how customer funds are handled.

As dtcpay takes this Series A forward with SBI Group and prior lead investor Vertex Ventures Southeast Asia & India, the next question for users and the market is how quickly the company can expand stablecoin-enabled payment features within its licensed framework—and whether more mainstream financial partners follow the same path.

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Bitcoin price rebound faces major test at $83K

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Bitcoin 4-hour chart shows BTC above $81,000 after the Supertrend flipped bullish, with support near $78,677.

Bitcoin price rebounded about 6% over the past 24 hours to trade near $81,300, with a short squeeze and improving technical momentum carrying the price to its highest level in two weeks.

Summary

  • Bitcoin price recovered from below $77,000 and climbed past $81,000 within 24 hours.
  • The 4-hour Supertrend flipped bullish, with support now near $78,677.
  • Daily RSI rose to 64.48, showing strong momentum without reaching overbought territory.
  • A break above $83,000 could confirm a broader bottom, according to analyst Ted Pillows.

Bitcoin price action today

Bitcoin (BTC) price traded at approximately $81,330 at the time of writing after reaching an intraday high near $81,741, according to the daily chart. The move extended a sharp recovery from the $75,000–$76,000 area and erased the losses recorded earlier in the week.

The cryptocurrency gained roughly 6% over 24 hours, outperforming after a week dominated by tighter monetary policy and uncertainty surrounding U.S. crypto legislation.

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The rebound accelerated after BTC reclaimed its True Market Mean near $76,660. The move forced traders holding leveraged short positions to buy back Bitcoin as prices moved against them, contributing to more than $250 million in short liquidations over the past day.

Forced buying helped BTC clear resistance at $78,000 and $80,000 before testing the low-$81,000 range. Bitcoin-related U.S. stocks also rallied, with Coinbase, Strategy and Robinhood recording strong gains during Friday trading.

The price recovery came despite the Federal Reserve’s first interest-rate increase in three years and the failure of the CLARITY Act in the U.S. Senate. Both developments had weighed on sentiment earlier in the week.

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Bitcoin technicals turn bullish above $78,600

Bitcoin’s 4-hour chart shows that the Supertrend indicator has flipped from bearish to bullish. Its current support line sits near $78,677, leaving the short-term bullish structure intact while the price remains above that level.

Bitcoin 4-hour chart shows BTC above $81,000 after the Supertrend flipped bullish, with support near $78,677.
Bitcoin price 4-hour chart — Sep. 19 | crypto.news

The Aroon indicator also points to stronger upward momentum. Aroon Up stood at 85.71%, compared with an Aroon Down reading of 21.43%. The gap suggests that Bitcoin has recently recorded stronger highs while downside momentum has weakened.

However, Aroon Up has started to turn lower from 100%, meaning buyers may need another push above the recent high to maintain the strength of the signal.

On the daily chart, Bitcoin has moved above the Bollinger Bands’ 20-day middle line at $78,346 and is approaching the upper band at $81,745. A daily close above the upper band could support an extension toward the next resistance zone, although a rejection may send the price back toward the middle band.

Bitcoin daily chart shows BTC near $81,330, testing the upper Bollinger Band as RSI rises to 64.48.
Bitcoin price daily chart — Sep. 19 | Source: crypto.news

Daily RSI has risen to 64.48 from its signal average of 57.25. Momentum remains bullish, but the indicator is approaching the 70 level commonly associated with overbought conditions.

The combination of a bullish Supertrend, a positive Aroon spread, and an RSI reading above 60 favors buyers. However, Bitcoin is now testing an area that has repeatedly limited gains since late August.

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Liquidation heatmap points to $82,000 resistance

CoinGlass’ three-day liquidation heatmap shows a dense band of leveraged positions between approximately $81,800 and $82,000. The cluster sits directly above the current price and could attract Bitcoin if buyers sustain the rally.

Bitcoin three-day liquidation heatmap shows BTC near $81,300, with major liquidity clustered around $82,000 and $79,400.
Bitcoin liquidation heatmap | Source: CoinGlass

A move through $82,000 would expose additional liquidity near $82,500–$83,000. Further liquidation bands appear around $84,000, giving bulls a sequence of possible upside targets if the short squeeze continues.

The largest nearby pools below the market sit around $80,000 and $79,400. Bitcoin could revisit either area if traders take profits following the rapid advance.

Liquidity is also concentrated between $78,500 and $79,000, close to the 4-hour Supertrend and daily Bollinger midpoint. The overlap makes the region an important support zone for the current recovery.

A deeper decline would bring $75,000–$76,000 back into focus. The heatmap shows a broad concentration of leveraged positions in that range, while the daily lower Bollinger Band stands near $74,948.

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Heatmaps identify areas where leveraged positions may face liquidation, but they do not guarantee that price will reach those levels.

Analysts watch $83,000 for bottom confirmation

Crypto analyst Ted Pillows said Bitcoin appeared set to close above its 50-week moving average. He identified $83,000 as the level BTC must clear to confirm that a market bottom has formed.

A sustained move above $83,000 would also break the upper part of the range that has contained Bitcoin since its August rally. Confirmation would place $85,000 in view before the market attempts a larger recovery.

Analyst Gerla said Bitcoin was holding the $81,000–$85,000 area after a bullish RSI divergence played out. According to the analyst, converting the zone into support could open a path toward $101,000–$105,000.

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The higher target remains conditional because Bitcoin has not yet cleared either $83,000 or the full $81,000–$85,000 resistance range. Immediate technical conditions support the rebound, but a rejection below $82,000 would leave BTC vulnerable to another test of $80,000 and $78,600.

US macro risks remain in focus

The rally followed a difficult week for U.S. crypto investors. The Senate’s rejection of the CLARITY Act delayed efforts to establish a federal digital-asset market structure, while spot Bitcoin ETFs recorded nearly $746 million in net outflows during the midweek selloff.

The Federal Reserve also raised interest rates by 25 basis points, increasing the appeal of yield-bearing government debt relative to assets such as Bitcoin. The Bank of Japan then lifted its benchmark rate to 1.25%, adding another source of uncertainty for global liquidity.

Bitcoin has so far absorbed those pressures, but $83,000 remains the main test for the recovery. A confirmed breakout could extend the squeeze toward $85,000, while a failure to hold $80,000 would shift attention back to the $78,300–$78,700 support region.

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Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.

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Metaplanet Fails All 4 VanEck Tests on Treasury Executive Compensation

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Metaplanet Bitcoin Holdings.

VanEck rated Metaplanet “Bad” on executive compensation practices, the only company among the 10 largest digital asset treasuries to get that grade. It fails all four of the firm’s tests.

The research note landed on September 18. That grade holds even after Metaplanet cut its executive option pool twice in the past month.

What a Digital Asset Treasury Company Is

A digital asset treasury company is a public company whose main business is holding crypto on its balance sheet. Metaplanet is a Tokyo-listed one holding 43,000 Bitcoin (BTC). It funds those purchases by issuing new shares, alongside debt and preferred stock.

Metaplanet Bitcoin Holdings.
Metaplanet Bitcoin Holdings. Source: BitcoinTreasuries

Issuing new shares means the pie gets cut into more slices. The slice gets smaller. That is dilution.

The deal investors accept is straightforward. The company buys enough Bitcoin that each remaining slice is still worth more than before.

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Where Executive Pay Comes In

Companies pay executives partly in stock options. An option is the right to buy company shares later at a fixed price. If the share price rises, that right is worth money.

Those options sit in a pool. A pool worth 2% of the company means executives could eventually claim 2% of all shares.

The bigger the pool, the more of the company’s value goes to management instead of shareholders.

Where Metaplanet’s Option Pool Came From

Metaplanet was a struggling hotel operator in 2022. Shareholders approved a rescue plan in February 2023, granting seven staff options over 46 million shares at a ¥10 strike price.

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That figure was never fixed. A clause inside the plan reset the award to 20% of every share the company could issue.

Once Metaplanet adopted its Bitcoin strategy in April 2024, it began issuing equity to fund purchases, alongside debt and preferred stock. Only the share sales diluted holders, and the clause tracked those.

Each one, therefore, cut shareholders’ stake and enlarged the executive pool in the same move.

Metaplanet’s share count climbed from 153.9 million to roughly 1.35 billion in two years. The pool grew with it, from 46 million shares to 319.5 million.

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The Result for Shareholders

Shareholders were diluted to buy Bitcoin. Management’s claim grew alongside that dilution.

Until the recent cuts, VanEck estimates Metaplanet passed roughly 80% of the Bitcoin it bought through to shareholders. Management dilution absorbed the other fifth.

No committee decided this. A formula did it automatically, which is why VanEck singles the company out.

Not everyone reads the pool as excessive. David Bailey, chief executive of Nakamoto, defended its scale.

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What VanEck Actually Measured

VanEck took the 10 biggest treasury companies and asked four questions.

  • How big is the option pool against fully diluted shares
  • How much of it sits with named executives
  • Can the pool grow without a shareholder vote
  • Does the largest award carry a performance hurdle

Metaplanet’s pool is 14.7% of shares against a 4.0% peer average. Its executives hold 8.2% against 0.8%. That works out to roughly 4 times the peer level on pool size and 10 times on officer exposure.

Metaplanet Vs Other Digital Asset Treasuries
Metaplanet Vs Other Digital Asset Treasuries. Source: VanEck

Shareholders never voted on the growth or the two 2026 amendments, and the awards require nothing beyond staying employed.

Metaplanet failed all four. The other nine passed, with Strategy, BitMine, and four others earning good marks.

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“We rank Metaplanet (MTPLF) as the only company among the top 10 DATs we classify as ‘Bad’ on executive compensation practices and it falls well short of ‘Acceptable,’” the firm said.

What Changed Recently

The board has moved twice under shareholder pressure.

  • August 18. The board repealed the evergreen dilution clause. Yet, the pool stayed at its swollen size.
  • September 11. The board rolled the terms back to where they stood before a September 2025 share sale. That rollback cut the pool 41% to 188.2 million shares.

However, 82.8 million shares had already reached insiders under the old terms. Only 105.4 million potential new shares remain, roughly 7% of the company. VanEck says that it is still far worse than any peer, so the bad grade stands.

The firm lists four changes that would lift it. Cancelling the roughly 273 million shares the clause created is the first, followed by a smaller stockholder-approved plan, pay tied to Bitcoin per share, and a written grant-timing policy.

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Dtcpay completes funding round with SBI Holdings

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Dtcpay completes funding round with SBI Holdings

Singapore payment company dtcpay completed its $25 million Series A funding round, led by Vertex Ventures Southeast Asia & India in April, and now further anchored by Japanese financial conglomerate SBI Group.

The round also drew participation from Genedant Capital and existing investor Kwee Liong Tek.

The investment reflects institutional confidence in dtcpay ‘s vision of making stablecoins as seamless and accessible as traditional financial services, it said on Friday.

“We did not raise this round to sustain what we have built. We raised it to fundamentally change how money moves across borders,” said Alice Liu, founder and CEO of dtcpay.

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Dtcpay made a series of early moves in the stablecoin payments space, and now the dtcpay Visa card enables spending across both fiat and stablecoins at more than 150 million merchant locations worldwide.

Payment system for in-store and online transactions

Cointelegraph reported in 2023 that dtcpay had launched a payment system using fiat and cryptocurrencies for in-store and online payments. It followed up in 2024 by reporting that dtcpay phased out support for cryptocurrencies like Bitcoin in favor of stablecoin-only transactions.

The completion of the Series A brings together a diverse group of investors that can contribute expertise as well as funds to drive the company’s growth.

Vertex Ventures Southeast Asia & India, part of Vertex Holdings, a wholly owned subsidiary of Temasek Holdings, led the initial tranche of the round. Vertex brings extensive experience scaling technology companies.

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Related: Fragmented regulations limit stablecoin adoption in international finance: WTO head

SBI Group operates across banking, securities, insurance, asset management and digital assets.

Genedant Capital is a Singapore-based fund management firm licensed by the Monetary Authority of Singapore with over $2 billion in assets under management and advisory.

Dtcpay is licensed by the Monetary Authority of Singapore and also holds an Electronic Money Institution license in Luxembourg.

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The company is authorized to deliver regulated payment services across the European Economic Area and also holds licenses and registrations in Hong Kong, Australia, the United States and Canada.

 Magazine: 10 of the greatest unsolved crypto mysteries

 

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Anthropic's Path to the Public Markets Just Got 2 New Developments

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Crypto Executive Disputes Claims Anthropic’s Mythos Breached NSA Systems

Anthropic is weighing two key decisions as the firm plans to debut in public markets this year. 

One concerns the timing of the listing, the other what it ships before the roadshow begins. Each decision may shape how investors price what could be the largest listing ever. 

Anthropic Sets a November IPO Window

The Wall Street Journal reported that Anthropic is targeting November, later than the October listing investors expected. Advisers say the delay lets Anthropic show third-quarter financials before it meets investors.

Reuters reported separately that the listing could slip past the November midterm elections.  Furthermore, according to the New York Times, Anthropic could release its offering documents publicly within weeks. The people also added that the plans could still change.

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Concerns over AI safety have meanwhile pushed one rival’s plans back. OpenAI cleared the calendar this month, with Sam Altman ruling out a 2026 listing and calling the moment ill-advised.

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Astra Puts A Clock On The Second Decision

In addition to the IPO timing, three sources told Reuters that Anthropic is evaluating a new model after OpenAI released Astra on September 3. A safety review forms part of that decision.

The review sits against the case Chief Executive Dario Amodei made last week, in a 3,800-word essay titled We Must Pace the Frontier.

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“We must slow the pace at which we improve the capabilities of AI models,” he said.

OpenAI’s Astra has seen strong enterprise adoption. The model took about 13% of enterprise AI spending tracked by Ramp. Claude Fable held roughly 8%.

OpenRouter also said its users spent more on OpenAI than Anthropic last week. That had not happened in over two years. Prospective backers want to know if Anthropic’s hold on enterprise AI is loosening, after a long stretch in which that position looked settled.

Meanwhile, Anthropic is expected to top $100 billion in annualized revenue by year’s end, against $65 billion in July. Investors are using that curve to argue for a valuation near $2 trillion.

However, investors who expect to buy into both offerings told Reuters that Astra has not dented Anthropic’s lead. Whether Anthropic ships a model before the roadshow will show investors which version of the pacing argument it is making.

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Ether loses $141M as Solana gains $61M

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Ether loses $141M as Solana gains $61M

U.S. spot crypto exchange-traded products recorded about $70.7 million in combined net outflows during the Sep. 14–18 trading week, as withdrawals from Ether funds outweighed demand for Bitcoin, Solana, and Hyperliquid products.

Summary

  • Spot Bitcoin ETFs ended the week with a modest $6.1 million net inflow after attracting $433 million on Friday.
  • Spot Ether ETFs lost about $140.6 million, extending their weaker flow trend despite a $143.7 million Friday rebound.
  • Solana ETFs took in $60.7 million, led by $47.6 million entering Bitwise’s BSOL on Friday.
  • Hyperliquid ETFs recorded $3.1 million in weekly net inflows after three positive sessions offset Tuesday’s withdrawals.
  • The flows came during a volatile week in which the Federal Reserve raised interest rates by 25 basis points, and Bitcoin later reclaimed $80,000.

According to data from Farside Investors, the four U.S. crypto ETF categories tracked by the firm diverged sharply during the week. Bitcoin products recovered from $746.3 million of combined withdrawals on Tuesday and Wednesday, while Ether ETFs failed to erase their midweek losses.

Solana funds drew fresh capital in four of the five sessions, including their strongest day of the week on Friday. Hyperliquid products also finished positive, although their $3.1 million weekly gain remained small compared with flows into the larger crypto funds.

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Bitcoin ETFs erase most weekly losses with $433M Friday inflow

U.S. spot Bitcoin ETFs posted a net inflow of $6.1 million for the week after two large redemption days nearly pushed the group to a steep weekly loss.

The funds began with a $159.9 million inflow on Monday before losing $450.4 million on Tuesday and $295.9 million on Wednesday. Investors returned on Thursday with $159.5 million, followed by $433 million on Friday, the largest daily inflow of the week.

BlackRock’s IBIT led the weekly rankings with $120.6 million in net inflows. Fidelity’s FBTC followed with $79.9 million after drawing $310.7 million on Friday, the biggest single-fund inflow recorded that day.

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Morgan Stanley’s MSBT added $13.2 million, while Franklin Templeton’s EZBC received $4.6 million. The gains were partly offset by $141.9 million in withdrawals from ARK 21Shares’ ARKB and $62.3 million from Grayscale’s GBTC. Bitwise’s BITB lost $2.7 million, and VanEck’s HODL shed $5.3 million.

The late reversal coincided with Bitcoin’s return above $80,000 on Friday. The asset had come under pressure earlier in the week as the Federal Reserve raised its target rate by 25 basis points to 3.75%–4.00%, its first increase in more than three years. Bitcoin later rallied as oil prices eased and crypto-linked stocks recovered.

Ether ETFs post $140.6M weekly outflow

U.S. spot Ether ETFs recorded approximately $140.6 million in net withdrawals, making Ether the weakest of the four crypto ETF categories covered by Farside.

The group attracted $121.1 million on Monday but lost $142 million on Tuesday, $224.1 million on Wednesday and $39.3 million on Thursday. A $143.7 million Friday inflow reduced the weekly deficit without fully reversing it.

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BlackRock’s ETHA accounted for a net weekly outflow of $56.1 million despite taking in $114.3 million on Friday. Fidelity’s FETH lost $25.9 million, while Bitwise’s ETHW shed $33.1 million.

Grayscale’s ETHE posted $31.4 million in withdrawals. VanEck’s ETHV lost $10.3 million, 21Shares’ TETH shed $1.9 million, and Invesco’s QETH recorded a $5.4 million outflow.

BlackRock’s ETHB and Grayscale’s lower-fee ETH fund moved in the opposite direction, taking in $7 million and $16.2 million, respectively. Farside’s daily totals contain rounded fund-level figures, which can produce small differences when individual entries are added.

Ether’s negative weekly result widened the gap with Bitcoin products. Bitcoin ETFs recovered nearly all of their midweek redemptions, while the Friday demand for Ether funds covered only part of the $405.4 million withdrawn across the prior three sessions.

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Solana ETFs draw $60.7M as BSOL leads Friday demand

Farside’s Solana ETF data showed $60.7 million in net inflows for the week, the strongest total among the four tracked crypto assets.

Solana funds received $11 million on Monday, $1.3 million on Tuesday and $800,000 on Wednesday. Thursday ended with no net movement before Friday’s inflow reached $47.6 million.

Bitwise’s BSOL generated $58.7 million of the weekly total. Grayscale’s GSOL contributed a net $2 million after a $3.9 million Monday inflow was partly offset by a $1.9 million withdrawal on Wednesday.

The remaining Solana products reported no net flows during the week. Friday’s $47.6 million allocation went entirely to BSOL, giving the Bitwise fund almost 97% of the category’s weekly net intake.

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Hyperliquid ETFs add $3.1M during mixed week

Hyperliquid ETFs ended the week with $3.1 million in net inflows. The products recorded no movement on Monday, followed by a $3.9 million outflow from Bitwise’s BHYP on Tuesday.

Flows turned positive during the rest of the week. 21Shares’ HYPG received $1.7 million on Wednesday, while Thursday brought $1.9 million into BHYP and $2.4 million into 21Shares’ THYP. BHYP added another $1 million on Friday.

The combined weekly data left Bitcoin funds close to flat, Ether products in net redemptions and the two smaller altcoin categories positive. Across all four categories, approximately $70.7 million exited on a net basis, with the $140.6 million Ether outflow exceeding the combined inflows into Bitcoin, Solana and Hyperliquid funds.

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NFT sales fall 15% to $37.5M as Ethereum leads

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Ethereum leads seven-day NFT sales with $15.32 million, followed by Polygon at $7.09 million and Bitcoin at $4.33 million.

Global NFT sales volume fell 15.28% to $37.54 million over the latest seven-day period, even as the number of buyer and seller addresses more than doubled.

Summary

  • NFT sales dropped 15.28% to $37.54 million, from approximately $44.31 million a week earlier.
  • Buyer addresses rose 174.04%, while seller addresses increased 151.72%.
  • Ethereum led with $15.32 million in sales despite a 2.66% weekly decline.
  • Bitcoin NFT sales plunged 53.99% to $4.33 million.
  • Courtyard led collections, while Alchemix V3 Transmuter #219 sold for $770,985.

According to data from CryptoSlam, captured on Sep. 19 with the “7 Days” setting selected, NFT sales declined while participation measures moved sharply higher.

Buyer addresses increased 174.04% to 114,977, while seller addresses rose 151.72% to 108,037. Those figures represent blockchain addresses rather than confirmed individual users.

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The number of NFT transactions moved in the opposite direction, falling 9.08% to 808,432. The combination of more active addresses and fewer transactions showed that activity was spread across a larger pool of wallets, though CryptoSlam’s figures alone do not show whether those addresses belonged to new market participants.

The NFT decline occurred alongside a rebound in the wider crypto market. Bitcoin traded near $81,311, and Ethereum changed hands at approximately $2,647 when the market data was checked. The total cryptocurrency market capitalization stood near $2.79 trillion, according to CoinGecko.

The NFT and cryptocurrency market moves were concurrent, but the available data did not establish a direct causal relationship between them.

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Ethereum leads NFT sales with $15.3 million

Ethereum remained the leading blockchain for organic NFT sales, generating $15.32 million during the seven-day period. Sales decreased 2.66%, while buyer addresses climbed 63.82% to 13,546.

Ethereum leads seven-day NFT sales with $15.32 million, followed by Polygon at $7.09 million and Bitcoin at $4.33 million.
Ethereum leads weekly NFT blockchain sales | Source: CryptoSlam

The network also recorded $443,802 in wash-trading volume, down 52.41%. Including that activity, Ethereum’s total volume reached $15.76 million, a 5.44% decline.

Polygon ranked second by organic sales with $7.09 million, down 4.88%. The blockchain recorded 26,588 buyer addresses, up 91.47%.

Wash trading played a much larger role in Polygon’s figures. CryptoSlam identified $18.07 million in wash volume, lifting the network’s combined total to $25.15 million. Organic sales and wash trading are separate measures and should not be added when assessing ordinary NFT purchases.

Bitcoin placed third with $4.33 million in sales, representing a 53.99% weekly drop. Buyer addresses nevertheless climbed 141.29% to 5,441. The contrast showed that more Bitcoin addresses interacted with NFTs even as the dollar value of recorded sales fell.

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BNB Chain followed with $2.58 million, down 36.26%. Its buyer count rose 384.73% to 10,732, the largest percentage increase among the six leading blockchains.

Base was the only top-five network to record higher organic sales. Volume increased 4.06% to $2.16 million, while buyer addresses surged 253.04% to 2,323. CryptoSlam also recorded $4.8 million in wash volume on Base, up 79.91%.

Solana ranked sixth with $1.89 million in sales, down 11.08%. Its 25,301 buyer addresses represented a 164.90% increase.

Together, the six leading networks generated approximately $33.36 million in organic sales, accounting for nearly 89% of the global total.

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Courtyard tops weekly NFT collection sales

Courtyard on Polygon remained the leading NFT collection with $6.3 million in sales, down 0.93%. The tokenized collectibles marketplace recorded 123,504 transactions, up 21.52%, involving 18,459 buyer addresses and 14,921 seller addresses.

Courtyard leads seven-day NFT collection sales with $6.3 million, followed by Argonauts at $2.74 million and Alchemix V3 Transmuter at $1.83 million.
Courtyard tops weekly NFT collection sales | CryptoSlam

Ethereum-based Argonauts ranked second with $2.74 million, following a 36.91% decline. Transactions dropped 48.15% to 1,204, while buyer and seller addresses fell to 422 and 490, respectively.

Alchemix V3 Transmuter placed third after sales jumped 622.03% to $1.83 million. Almost all that volume came from eight transactions involving four buyer and three seller addresses.

The concentration matters because Alchemix V3 Transmuter tokens appear to be linked to positions within a decentralized finance protocol rather than conventional artwork or profile-picture collectibles. CryptoSlam classified the transfers as NFT sales, but the dashboard did not independently establish the economic purpose of each transaction.

Guild of Guardians Heroes on Immutable-Zk generated $986,168, up 3.5%. Its 689 transactions involved 390 buyer addresses and 399 seller addresses.

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Panini America ranked fifth with $893,356 in weekly sales, an increase of 19.27%. The sports collectibles collection recorded 13,469 transactions, although buyer addresses declined 24.18% to 762. The collection provided a direct link to the U.S. sports card segment within the week’s NFT rankings.

Bitcoin-based $ATMC BRC-20 NFTs followed with $716,730, down 20.32%. CryptoPunks placed seventh with $706,667 after sales declined 37.39%, with nine transactions involving eight buyers and nine sellers.

Alchemix leads high-value NFT sales

Alchemix V3 Transmuter tokens accounted for four of the five largest individual transactions recorded during the seven-day period.

CryptoSlam’s top NFT sales table shows Alchemix V3 Transmuter #219 leading the week at $770,985, followed by #214 at $715,216.
Top NFT collectible sales this week | Source: CryptoSlam

Alchemix V3 Transmuter #219 led the list at $770,985.44. The Ethereum-based token changed hands for 297.4017 WETH about 15 hours before the dashboard snapshot.

Alchemix V3 Transmuter #214 ranked second with a $715,216 sale settled in 284.8951 WETH five days earlier. The two leading tokens were sold by and transferred to the same respective blockchain addresses.

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The third-largest sale came from Bitcoin. A $X@AI BRC-20 NFT sold for $402,534.35, or 5.19 BTC, five days before the snapshot.

Alchemix V3 Transmuter #216 followed with a $196,748.70 transaction involving 79.98 WETH two days earlier.

Alchemix V3 Transmuter #208 completed the top five after selling for $126,695.23, or 49.8681 WETH, seven days earlier. Together, the four Alchemix transactions generated approximately $1.81 million, accounting for nearly all the collection’s reported weekly sales.

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Which Crypto ETF Drew the Most Money Last Week? Not Bitcoin, and Not Ethereum

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Weekly net flows across 14 spot crypto ETF products, week ending September 18.

Zcash (ZEC) spot exchange-traded funds (ETFs) drew $98.2 million in the week ending September 18, the largest inflow among 14 crypto products. Ethereum (ETH) funds posted the only outflow at $140 million.

The weekly totals mask a volatile round trip. Both Ethereum and Bitcoin (BTC) products sold off hard midweek, and only one of them recovered in time.

Two Bad Days in Washington, Then a Scramble Back

Both complexes opened the week in the green. Bitcoin ETFs took in $160.04 million on Monday, while Ethereum products added $121.02 million.

That reversed on Tuesday, when the Senate rejected cloture on the Digital Asset Market CLARITY Act by 49-50. Bitcoin funds lost $450.33 million that session, their worst of the week.

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Then the Fed raised rates 25 basis points to a range of 3.75% to 4% on Wednesday, its first increase since 2023. Bitcoin shed another $295.98 million, and Ethereum lost $224.11 million.

Bitcoin turned on Thursday and pulled in $433.03 million on Friday, recovering the $746.31 million it lost across the two policy sessions. Its weekly total landed at $6.2 million, the smallest absolute figure in 141 weeks of trading.

Ethereum took longer to turn. Its outflows ran for three straight sessions and totaled $404.82 million before a $143.80 million Friday, leaving the week short.

Weekly net flows across 14 spot crypto ETF products, week ending September 18.
Weekly net flows across 14 spot crypto ETF products, week ending September 18. Source: BeInCrypto/SoSoValue

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A Four-Week-Old Fund Outdraws Everything Else

Meanwhile, the Zcash ETF has now logged four consecutive positive weeks since launching in late August, taking in $271 million in total. Assets jumped 40.5% last week to $914.5 million.

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That makes Zcash the third-largest altcoin ETF product, behind XRP (XRP) and Solana (SOL) and ahead of nine others. Trading volume reached $11.42 billion, or 32.5% of all spot crypto ETF turnover.

Solana added $13.2 million, extending a streak to 12 straight positive weeks. XRP took in $9.6 million, roughly half the previous week’s $19 million.

Hyperliquid (HYPE) flipped to a $3.1 million inflow after losing $26.4 million. Chainlink (LINK), Avalanche (AVAX), Tron (TRX), Dogecoin (DOGE), Litecoin (LTC), and Hedera (HBAR) together drew under $4.8 million, while BNB and Polkadot (DOT) recorded no flows at all.

Net flows across all 14 products totaled negative $5 million, against a 4.89% rise in combined assets to $123.9 billion. Whether buyers chase the rebound or keep sitting it out should show in next week’s figures.

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The post Which Crypto ETF Drew the Most Money Last Week? Not Bitcoin, and Not Ethereum appeared first on BeInCrypto.

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Crypto VC funding: Kaiko leads $180M week

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Crypto VC funding: Kaiko leads $180M week

Crypto and blockchain companies announced at least $180.25 million in disclosed financing across nine deals from Sep. 12 to Sep. 18. Crypto market data provider Kaiko led the week with a $110 million round backed by several major financial institutions.

Summary

  • Nine crypto companies announced funding during the week, with disclosed capital totaling $180.25 million.
  • Kaiko secured $110 million in the week’s largest transaction, led by S&P Global.
  • Fin.com raised $20 million to expand its stablecoin-based cross-border payment infrastructure.
  • dtcpay added $15 million, taking its combined Series A funding to $25 million.
  • Payments, tokenized credit, and institutional infrastructure accounted for most disclosed funding.

Fin.com followed with a $20 million seed round, while stablecoin payment company dtcpay added $15 million to its Series A. Funding activity centered on market data, stablecoin payments, tokenized credit, and institutional financial infrastructure.

Data from Crypto Fundraising and company announcements showed seven deals with disclosed amounts and two investments with undisclosed terms. The total excludes acquisitions announced during the period, including S&P Global’s purchase of OpenZeppelin and Independent Research Forum’s deal for Nomina.

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Kaiko raises $110 million from financial institutions

Kaiko secured $110 million in the largest crypto financing announced during the week. S&P Global led the transaction, with BNP Paribas, Nasdaq, Royal Bank of Canada, Bpifrance, and Susquehanna also participating.

The New York-based company provides market data, indices, reference rates, and other services covering more than 150 crypto exchanges and decentralized protocols. Kaiko said it would use the capital to improve its data services and expand its product range.

The investment followed an earlier agreement combining Kaiko’s digital asset indices and reference rates with S&P Dow Jones Indices’ crypto products under the S&P Kaiko Digital Asset Indices brand.

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Participation from S&P Global, Nasdaq, and several large banks tied the week’s biggest round to growing institutional demand for regulated crypto data. Kaiko’s US operations also place it within a market where exchanges, asset managers, and financial companies need reliable pricing data for trading, tokenization, and investment products.

Fin.com secures $20 million seed round

Payments infrastructure company Fin.com raised $20 million in a seed round backed by Expa, Coinbase Ventures, Tenet Fund, and Second Sight Ventures. Expa founder and Uber co-founder Garrett Camp also participated.

Fin.com combines stablecoin infrastructure with local banking networks to help businesses send and receive cross-border payments. Its platform offers multi-currency accounts, fiat and stablecoin wallets, foreign exchange services, and embedded compliance through one application programming interface.

The company says its network connects businesses with regulated payment systems in more than 30 countries and supports over 40 currencies. Fin.com targets fintech companies, payroll providers, online marketplaces, and other businesses that would otherwise need separate banking connections in each market.

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Coinbase Ventures’ participation gives the round a direct US link, while the company’s use of stablecoins reflects continued investor interest in connecting blockchain settlement with existing payment systems.

dtcpay adds $15 million to Series A

Singapore-based dtcpay received another $15 million in Series A financing from SBI Holdings and Genedant Capital. The investment took the company’s combined Series A funding to $25 million following an earlier $10 million close in March.

The company operates a regulated payment platform that allows businesses to accept, exchange, and settle fiat currency and stablecoin payments. Its products include checkout tools, point-of-sale payments, payment links, multi-currency swaps, and Visa card services.

SBI’s investment adds a large traditional financial group to dtcpay’s shareholder base. The company plans to expand its payment infrastructure and serve more businesses in retail, hospitality, and cross-border commerce.

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The round was counted as $15 million in fresh weekly financing rather than the full $25 million cumulative Series A total.

Tare raises $13.25 million for onchain credit

Tare raised $13.25 million in seed financing for its blockchain-based credit infrastructure. Blockchain Capital led the round, with Janus Henderson Investors, Strobe Ventures, The Venture Dept, Neoclassic Capital, and the Avalanche Foundation participating.

Aave founder Stani Kulechov and Privy co-founder Henri Stern also joined the financing.

Tare is developing infrastructure for loan origination, servicing, portfolio monitoring, securitization, and structured finance. Its system uses Avalanche-based settlement and smart contracts while keeping much of the blockchain process out of the user interface.

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The company’s target market includes loan originators and institutional investors seeking a shared record for private-credit transactions. The deal extended the week’s investment pattern beyond payments and into tokenized real-world assets.

Projects raising $10 million

  • Finloop raised $10 million in Series A financing from HSBC and People’s Capital. The Hong Kong-based company provides AI-supported wealth-management services covering funds, bonds, structured products, digital assets, and tokenized real-world assets. The database records the transaction separately from a $10 million Series A announced in July 2025.
  • Velocity secured $10 million in additional Series A financing at a reported $200 million valuation. Haun Ventures, Mirana Ventures, Circle Ventures, Ripple, Visa, and Translink Capital participated. The company develops stablecoin treasury and settlement services for businesses, payment providers, and financial institutions.

Funding under $10 million

  • Tenka completed a $2 million pre-seed round led by Maven 11 Capital, with Gami Capital participating. The London-based company is building infrastructure for asset-backed finance and private credit, including standardized deal vaults, independent valuations, onchain reporting, and a secondary matching system. Tenka plans to launch its platform later in 2026.

Undisclosed strategic rounds

  • PonyGo received an undisclosed investment from Pantera Capital. The project describes itself as a Web3 financial platform spanning asset management, yield products, real-world assets, token launches, and travel services. The investment was excluded from the disclosed weekly total.
  • Rep closed an undisclosed angel round backed by Amber Group and a group of individual crypto investors. Rep is developing a portable reputation network that links verified onchain activity, social accounts, achievements, and community contributions to user-controlled profiles.

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