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Bitcoin’s $85K rally started with ETFs, but leverage is rising

Bitcoin has reached an eight-month high before retreating toward $85,000, as U.S. spot ETFs have drawn about $1.7 billion in two days and futures traders have added more than $2 billion in new positions. Wojciech Kaszycki, strategy adviser to Warsaw-listed…

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Cardano gains Fireblocks token support: Can ADA break above $0.26?

Cardano’s ADA rose toward $0.26 as the Cardano Foundation and Fireblocks announced plans to add full support for tokens issued on the network by March 2027. Fireblocks plans to add Cardano token support by March 2027 The Cardano Foundation and…

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Paxos Labs launches PAXGy token backed by PAX Gold

Paxos Labs has launched PAXGy, a token built on PAX Gold that is designed to increase the amount of PAXG a holder can redeem as its reserves earn returns from gold leasing. According to Paxos Labs’ launch announcement shared with…

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Polymarket sued by New York over alleged illegal gambling

New York Attorney General Letitia James has sued Polymarket, alleging that the prediction market operated without a state gambling license and allowed people under 21 to use its platform. According to a petition filed by New York Attorney General Letitia…

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ARK Invest tokenizes venture fund with OpenAI exposure

ARK Invest has tokenized its ARK Venture Fund through Securitize on Ethereum, giving eligible investors a blockchain-based way to hold an interest in a portfolio that includes OpenAI and Anthropic. According to a Sep. 24 announcement from Securitize and ARK…

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Solana price holds 4-hour Supertrend as $120 resistance looms

Solana price rebounded to about $116 on Sep. 24 after falling from a recent high near $120. The recovery put SOL back above a key 4-hour trend indicator, but the daily chart shows price approaching resistance where the latest rally…

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BlackRock strategies power three new Ondo portfolio tokens

Ondo Finance has launched three onchain portfolio tokens based on investment strategies developed by BlackRock, giving eligible investors outside the United States access to each portfolio through a single token. Ondo Finance announced the launch on Sep. 24, naming the…

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CKC Fund founder says failed CLARITY Act could push tokenization offshore

In an interview with crypto.news, Selva Ozelli speaks with CKC Fund founder and managing director David Doss about institutional digital asset investing, risk management and the infrastructure needed to connect crypto strategies with professional investors. The discussion also covers Bitcoin…

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Solana Foundation hires Binance, Polygon veterans for institutional push

The Solana Foundation has appointed former Binance executive Rachel Conlan as chief strategy officer and Polygon Labs veteran Jamal Raees as general manager of payments as the network builds out its institutional and payment business after processing more than $5…

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DoubleZero launches Hyperliquid order book feeds on Edge

DoubleZero has launched five Hyperliquid data feeds on Edge, giving subscribers a live view of the exchange’s order book and trade[XYZ] markets over dedicated fiber. According to a Sep. 24 announcement from the DoubleZero Foundation shared with crypto.news, the new…