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Crypto Trends

DigiTap aims to outperform major cryptos in Q4 2025
Crypto Trends

DigiTap aims to outperform major cryptos in Q4 2025

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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.

DigiTap raises $80k in its ICO, with analysts predicting big gains as the digital payments market grows.

Summary

  • DigiTap launches as the first omnibank, merging crypto and fiat to enable instant, borderless financial transactions.
  • With TAP, users can make global payments, transfers, and withdrawals — all powered by blockchain and AI routing.
  • Analysts call DigiTap a top Q4 crypto pick as it targets 3.6b mobile banking users by 2030 with its omni-banking model.

Ethena (ENA) has been in the public eye this season following its strong backing from key influencers. Recently, Arthur Hayes purchased about $1 million worth of ENA token, tying this purchase to the preparation of deciding the USDH ticker. This major move has placed Ethena at the forefront of the market’s upcoming rally. Yet attention is converging on Digitap.  

Analysts have set their sights on this new contender that merges fiat banking and blockchain-powered digital assets, making it the top crypto to buy for a massive rally. 

With this new project, users can enjoy unique benefits like financial inclusion, crypto and fiat convergence, and a rich mobile banking experience. Despite Ethena’s steady rise in the market, investors believe this Omnibank could surge massively post-launch, and here’s why.

Ethena sees upsides following massive accumulation

Ethena has caught the attention of major investors following Maelstrom’s co-founder, Author Hayes, purchasing the token. Hayes’ massive purchase solidifies Ethena’s stance as a top contender in the USDH stablecoin race. 

Backed by BlackRock, Ethena aims to use its USDtb stablecoin to collateralize USDH via BlackRock’s BUIDL fund. This rich proposal sets Ethena apart as one of the fastest-growing ecosystems in the market. Despite ENA’s impressive surge over 18% within the last seven days, market watchers are placing their bets on this new Omni-bank project.

DigiTap wins interest with its secure financial ecosystem

DigitTap (TAP) is the world’s first omnibank that was created with the sole aim of empowering users to increase their income with no delays and hindrances. With the global financial ecosystem experiencing a shift, the DigiTap project enters the scene with one major goal: creating a borderless financial ecosystem. In 2024, global mobile banking users surged past 2.5 billion 2024 with a projected rise to 3.6 billion by 2030.

Following the prospects of the mobile banking space, and the forecasts that multi-currency platforms will grow at a 13% CAGR through 2030, DigiTap turns tides with its unique technology that aims to bring financial inclusion. This unique proposition is why experts say TAP is the top crypto to buy for a massive rally in Q4. 

This project fuses Omni-banking services with blockchain technology so that users can access seamless deposits, transfers, payments, and withdrawals in fiat and crypto. The TAP token is the powerhouse of this platform, and through it, investors can make payments for everyday transactions.

The DigiTap project operates a multi-rail system that includes on-chain settlement, off-chain clearing, and automated and AI-enhanced currency routing. This infrastructure outpaces traditional banking systems because it enables instant, secure, and compliant cross-asset transactions. DigiTap’s blended ecosystem changes the narrative of the cross-border payments ecosystem by offering speedy, low-fee transactions.

With this impressive ecosystem, DigiTap gears up to surpass major players like Ethena as it caters to a wider audience. With the TAP token, people can receive payments globally, transfer assets instantly, leverage both virtual and physical cards for daily expenses, and even create personal and business offshore accounts. Hence, those seeking the best cryptocurrencies to buy to expand their portfolios this Q4 flock to DigiTap to secure their holdings ahead of the new year.

Market watchers say the Digitap presale is the chance for 100x gains

Following the impressive utility of the TAP presale, its ICO has raised over $80,000 despite being a new project. Over $6.3 million in tokens have been accumulated by investors who predict that TAP could outperform ENA by the time it launches. This presale is the chance to level up a portfolio, as just a little over 10% of the TAP tokens allocated to this round have been sold.

At a discounted $0.0125, anyone can get as many TAP tokens as they need before its price rises to $0.0159. With DigiTaps’ strong positioning in the digital payments space, analysts predict it is one of the best cryptocurrencies to buy when the digital payments space reaches the predicted $18.7 trillion by 2030. Don’t miss out on this opportunity, join the TAP presale today and scale returns 10x before the new year!

For more information, visit the official website or the socials.

Disclosure: This content is provided by a third party. Neither crypto.news nor the author of this article endorses any product mentioned on this page. Users should conduct their own research before taking any action related to the company.



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Bitcoin stays below $112K. (geralt/Pixabay)
Crypto Trends

WisdomTree Launches Tokenized Private Credit Fund

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WisdomTree has launched a new tokenized fund focusing on private credit.

The new fund, called the WisdomTree Private Credit and Alternative Income Digital Fund (CRDT), tracks a basket of 35 publicly traded closed-end funds, business development companies, and real estate investment trusts, Bloomberg reports.

It’s available with a minimum investment of just $25 and offers two-day redemption. WisdomTree, it’s worth adding, launched an ETF tracking the same benchmark in 2021, the WisdomTree Private Credit and Alternative Income Fund.

Private credit, lending done outside traditional banks, has ballooned in recent years as investors chase yield-focused investment options.

“It’s really just about bringing the asset class to a whole universe of different investors,” said Will Peck, head of digital assets at WisdomTree.

The firm has launched a number of tokenized investment vehicles so far, including ones offering exposure to money market funds, fixed income securities, and equities.

The new fund joins a growing trend among Wall Street’s largest asset managers. BlackRock, for example, manages a $2 billion money market fund, while Fidelity’s tokenized money market fund recently rolled out on Ethereum.

WisdomTree joins a broader trend. BlackRock’s tokenized $2 billion money market fund and experiments from Fidelity and VanEck suggest traditional finance is taking real-world asset tokenization seriously, even if it’s still small compared to the trillions in ETFs and mutual funds.



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Crypto Exec Says Expect Tickerless US dollar Stablecoins in the Future
Crypto Trends

Crypto Exec Says Expect Tickerless US dollar Stablecoins in the Future

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Dollar-pegged stablecoins will eventually lose their price tickers, as exchanges abstract away the differently denominated stable tokens on the backend, presenting only a “USD” option to the user, according to Mert Mumtaz, CEO of remote procedure call (RPC) node provider Helius. 

The bidding war for the Hyperliquid USD stablecoin (USDH), and proposals from several firms promising to give 100% of the yield back to Hyperliquid, revealed that the stablecoin sector has become “commoditized,” Mumtaz said. 

Mumtaz added that he expects many companies to issue their own stablecoins and many existing stablecoin issuers to start their own payment chains in the future, which may create liquidity fragmentation, keeping capital trapped within those ecosystems. 

The number of US dollar stablecoin issuers continues to grow. Source: RWA.XYZ

He said that the most optimal solution to get ahead of this liquidity problem is for exchanges to simply accept all stablecoins and convert them to the desired denomination on the backend without the user seeing what is going on. Mumtaz wrote:

“The eventual endgame is that you don’t see the ticker at all. The apps will just display ‘USD’ instead of USDC, USDT, or USDX, and they will swap everything in the backend via a standardized interface.”

Stablecoins are likely to emerge as the de facto standard for fiat currencies in the digital age as the global financial system moves onchain and adopts internet-native systems, further eroding the need to denominate stablecoins from different issuers for end users. 

Related: Inside the Hyperliquid stablecoin race: The companies vying for USDH

Artificial intelligence to increase stablecoin abstraction

Reeve Collins, co-founder of stablecoin firm Tether and blockchain neo-bank WeFi, also told Cointelegraph that he expects the number of stablecoins to proliferate in the coming years, which will be abstracted through AI agents managing portfolios on behalf of users.

Collins said the next generation of stablecoin products, which includes yield-bearing tokens, will be automatically managed through agentic AI, removing “all of the complexity” of dealing with a multitude of different tokens, lowering technical hurdles for the end user.

“The only thing that will drive which token to use is which one makes you the most money, which one is the easiest to use,” Collins added. 

Magazine: Crypto wanted to overthrow banks, now it’s becoming them in stablecoin fight



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Sei Development Foundation Bring Jamie Finn Onboard To Boost Rwa Adoption
Crypto Trends

Sei Development Foundation Onboards Jamie Finn to Drive RWA Growth

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The Sei Development Foundation has appointed Jamie Finn, Co-Founder of Securitize, as a strategic advisor to boost real-world asset (RWA) adoption. Announced on September 12, the U.S.-based non-profit aims to leverage Finn’s extensive expertise in finance, blockchain, and digital assets to expand institutional use cases on the Sei network.

According to Sei’s official X account, Finn previously helped Securitize scale to over $4 billion in tokenized assets, including BlackRock’s BUIDL, the largest tokenized U.S. Treasury fund. Now, he will guide Sei in building secure and scalable infrastructure for RWAs.

Jamie Finn, Co-founder of Securitize, is serving as Strategic Advisor to @Sei_FND.

At Securitize, Jamie helped scale the leading tokenization platform to $4B+ in assets, including BlackRock’s BUIDL — the largest tokenized U.S. Treasury fund.

Now, he’s helping shape Sei into the… pic.twitter.com/1YmBISn1vy

— Sei (@SeiNetwork) September 12, 2025

“Sei is positioned to be the definitive chain where you can build the best institutional products and use them confidently in the world of DeFi,” Finn stated.

Driving Institutional Adoption of Tokenized Assets

The announcement further explained that Finn brings over 25 years of experience in technology and finance. He has taken on leadership positions at major companies such as AT&T, Telefonica, and Ericsson. 

While at Securitize, he was involved in a big part of transforming the company into a registered broker-dealer, transfer agent, and alternative trading system, raising the standard for digital asset infrastructure.

Commenting on the partnership, Finn said, “The next evolution of blockchain is about unlocking meaningful connectivity between traditional finance and the on-chain economy.” He emphasized Sei’s strong performance and developer-first approach as key factors in supporting institutional-grade RWA strategies.

Justin Barlow, Executive Director of the Sei Development Foundation, praised Finn’s rare blend of institutional credibility and technical insight. “His guidance will be instrumental in shaping go-to-market strategies and accelerating the adoption of tokenized assets onchain,” Barlow added.

Meanwhile, on September 10, Sei announced on X an integration with Chainlink Data Streams as its main oracle solution. The upgrade allows for lightning-fast, low-latency market data. 

Chainlink Data Streams are live on Sei.

As the preferred oracle infrastructure of the Sei ecosystem, the @chainlink data standard provides real-time data for US equities, US GDP, and 300+ assets, powering institutional-grade markets at scale.

Markets Move Faster on Sei. ($/acc) pic.twitter.com/eFkllRvmpD

— Sei (@SeiNetwork) September 10, 2025

Notably, Sei’s native token has seen a positive response, rising by 3.97% in the last 24 hours to reach a trading price of $0.333481, according to CoinMarketCap.

The strategic hiring and the integration with Chainlink show Sei’s ambition to establish itself as a key player in the RWA and institutional DeFi.

Also Read: Polygon Teams Up with Cypher Capital to Expand POL Access





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'Crypto Is Dumber Than Crap': Dave Ramsey
Crypto Trends

‘Crypto Is Dumber Than Crap’: Dave Ramsey

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  • “Crypto is commodity and currency”
  • “Dumber than crap”

David Lawrence Ramsey III, an American radio personality (The Ramsey Show), financial commentator and the founder of Ramsey Solutions, has slammed cryptocurrency, saying that it may be more legitimate in the future but not now.

He also admitted that crypto is a currency, but a digital one, speaking not of Bitcoin or Ethereum but crypto in general. However, his take on crypto is rather mixed as he puts gambling, commodities, crypto and fiat currencies in the same pot when talking about it.

Dave Ramsey: Bitcoin is dumber than crap

He’s washed, has clearly only done extremely limited research on $BTC and is hurting his audience with this advice

Hate to see it pic.twitter.com/dmLdn7dvX6

— Discover Crypto (@DiscoverCrypto_) September 12, 2025

“Crypto is commodity and currency”

In a video excerpt published by the @DiscoverCrypto_ X account, David Ramsey is speaking during a recent Ramsey Show and is answering questions from the co-host about his take on crypto.

His take on cryptocurrency in general seems rather mixed, since while he believes it to be a digital currency, he still refers to it as a gambling tool and a fetish.

While answering questions by his co-host, Ramsey said that he does not believe crypto to be a proven investment, since he considers it a commodity, like gold or oil. He pointed out that he does not buy oil rigs either. Ramsey said, “It’s not gonna be a proven investment, because it’s a commodity. Commodities are never a proven investment.”

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“Dumber than crap”

He said he does not do much gambling when asked about buying crypto. He then stated that crypto is a currency and he prefers not to invest in that, like he does not invest in the Japanese yen or the Deutsche Mark (now Germany and the whole EU uses the euro). According to Ramsey, fiat currencies have a long track record, but crypto is also a digital currency with a short track record. In the future, he admitted, crypto may become more legitimate when it gets a longer track record.

But so far, “it is just all the cool kids doing stupid stuff.” He likened investing in crypto to investing in emus — fancy Australian birds — rather than in cattle, which in the past was considered a great investment. Also, people want to look cool, so they are losing money on it, Ramsey stated, calling crypto a fetish.

He concluded his anti-crypto tirade by saying that crypto is “dumber than crap.”





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S&P 500 One-Month Chart From Google Finance
Crypto Trends

What the Fed’s Sept. 17 Interest Rate Decision Means for Crypto, Gold and Stocks

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Investors are counting down to the Federal Reserve’s Sept. 17 monetary policy decision; markets expect a quarter-point rate cut that could trigger short-term volatility but potentially fuel longer-term gains across risk assets.

The economic backdrop highlights the Fed’s delicate balancing act.

According to the latest CPI report released by the U.S. Bureau of Labor Statistics on Thursday, consumer prices rose 0.4% in August, lifting the annual CPI rate to 2.9% from 2.7% in July, as shelter, food, and gasoline pushed costs higher. Core CPI also climbed 0.3%, extending its steady pace of recent months.

Producer prices told a similar story: per the latest PPI report released on Wednesday, the headline PPI index slipped 0.1% in August but remained 2.6% higher than a year earlier, while core PPI advanced 2.8%, the largest yearly increase since March. Together, the reports underscore stubborn inflationary pressure even as growth slows.

The labor market has softened further.

Nonfarm payrolls increased by just 22,000 in August, with federal government and energy sector job losses offsetting modest gains in health care. Unemployment held at 4.3%, while labor force participation remained stuck at 62.3%.

Revisions showed June and July job growth was weaker than initially reported, reinforcing signs of cooling momentum. Average hourly earnings still rose 3.7% year over year, keeping wage pressures alive.

Bond markets have adjusted accordingly. Per data from MarketWatch, 2-year Treasury yield sits at 3.56%, while the 10-year is at 4.07%, leaving the curve modestly inverted. Futures traders see a 93% chance of a 25 basis point cut, according to CME FedWatch.

If the Fed limits its move to just 25 bps, investors may react with a “buy the rumor, sell the news” response, since markets have already priced in relief.

Equities are testing record levels.

The S&P 500 closed Friday at 6,584 after rising 1.6% for the week, its best since early August. The index’s one-month chart shows a strong rebound from its late-August pullback, underscoring bullish sentiment heading into Fed week.

S&P 500 One-Month Chart From Google Finance

The Nasdaq Composite also notched five straight record highs, ending at 22,141, powered by gains in megacap tech stocks, while the Dow slipped below 46,000 but still booked a weekly advance.

Crypto and commodities have rallied alongside.

Bitcoin is trading at $115,234, below its Aug. 14 all-time high near $124,000 but still firmly higher in 2025, with the global crypto market cap now $4.14 trillion.

BTC-USD One-Month Price Chart From CoinDesk Data

Gold has surged to $3,643 per ounce, near record highs, with its one-month chart showing a steady upward trajectory as investors price in lower real yields and seek inflation hedges.

One-Month Gold Price Chart From TradingView

Historical precedent supports the cautious optimism.

Analysis from the Kobeissi Letter — reported in an X thread posted Saturday — citing Carson Research, shows that in 20 of 20 prior cases since 1980 where the Fed cut rates within 2% of S&P 500 all-time highs, the index was higher one year later, averaging gains of nearly 14%.

The shorter term is less predictable: in 11 of those 22 instances, stocks fell in the month following the cut. Kobeissi argues this time could follow a similar pattern — initial turbulence followed by longer-term gains as rate relief amplifies the momentum behind assets like equities, bitcoin and gold.

The broader setup explains why traders are watching the Sept. 17 announcement closely.

Cutting rates while inflation edges higher and stocks hover at records risks denting credibility, yet staying on hold could spook markets that have already priced in easing. Either way, the Fed’s message on growth, inflation, and its policy outlook will likely shape the trajectory of markets for months to come.



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Alex Thorn says US Strategic Bitcoin Reserve comes in 2025 Bitcoin Hyper gains
Crypto Trends

Galaxy Digital Head Believes US’s Strategic Bitcoin Reserve Comes in 2025, Fueling Bitcoin Hyper

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Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

The US’s Strategic Bitcoin Reserve may be coming this year, says Galaxy head of firmwide research, Alex Thorn.

His statement comes in spite of the public sentiment and the fact that, while Trump signed the executive order establishing the Strategic Bitcoin Reserve in March, the administration didn’t confirm a formalized implementation plan yet.

Despite that, Thorn believes that the ‘market seems to be completely underpricing the likelihood of such an announcement’, alluding to the high probability that the Reserve may enter its implementation phase by the end of the year.

Not all agree, though. CoinRoute’s former chair, Dave Weisburger believes it’s more likely to happen in 2026 because ‘this administration is too smart to announce ANYTHING until AFTER they accumulate to their initial target.’

Whether it will happen or not, Thorn’s assessment comes just as Bitcoin pushed above $116K, which could set it up for a sustained rally into October. If that happens, Bitcoin’s Layer 2, Bitcoin Hyper ($HYPER), could see a massive investor surge.

Why Bitcoin is Becoming the Foundation of the Next Global Economy

Bitcoin is on track of becoming the foundation of the new global economy and it all begins in the US, with Trump’s Bitcoin Treasury on track to begin its implementation phase.

However, that’s not the main drive, but rather a consequence of the increased investor trust in Bitcoin as a valuable asset to use against the depreciating fiat.

It all comes from Bitcoin’s decentralized nature, which causes its value to depend on people’s trust in its performance.

This system lies at the heart of the growing institutional adoption, with names like Strategy building their entire brand around Bitcoin.

Strategy currently holds 638,460 $BTC valued at over $71B, making it one of the largest Bitcoin entities in the world. But it’s not the only one. According to Bitcoin Treasuries data, there are 325 entities holding over 3.71M $BTC, including governments like the US, Canada, and the UK.

Furthermore, adoption rates keep increasing at a global level, with APAC leading in the charts, followed by Latin America and Sub-Saharan Africa.

This paints Bitcoin as a foundational asset that could transform the modern global economy, especially as Bitcoin Hyper ($HYPER) brings a much-needed performance boost into the ecosystem.

Bitcoin Hyper ($HYPER) Enables Faster and Cheaper Bitcoin Transactions

Bitcoin Hyper ($HYPER) is the Layer 2 upgrade that promises to give us faster and cheaper Bitcoin transactions by eliminating Bitcoin’s most pressing problem: its capped performance.

The Bitcoin network is currently running at a maximum of 7 transactions per second (TPS), which is far below required industry standards. By comparison, Solana packs nearly 1,000 TPS with a 65,000 theoretical value, smoking Bitcoin in terms of performance.

Hyper aims to change that with the help of tools like the Canonical Bridge and the Solana Virtual Machine (SVM), the latter which enables the ultra-fast execution of smart contracts and DeFi apps.

The Canonical Bridge instead handles incoming transactions, confirming them nearly instantly with the Bitcoin Relay Program.

Once the transactions go through, the Bridge then mints the tokens into the Hyper layer, making them available to users almost immediately. Investors can then use the wrapped Bitcoin within the Hyper ecosystem or withdraw them to Bitcoin’s native layer whenever necessary.

Together with SVM, the Canonical Bridge turns the Hyper ecosystem into a fast-performing layer that promises to bring Bitcoin’s performance to Solana-grade numbers.

Once implemented correctly, Hyper would also make Bitcoin more feasible for institutional investors thanks to the near-instant finality, low network fees, and the elimination of the fee-based priority, which keeps Bitcoin lagging behind other networks.

The presale is now at over $15.5M, with $HYPER valued at $0.012905. We expect the token to make it big post-launch thanks to Hyper’s utility within Bitcoin’s ecosystem and the community hype behind it.

Our price prediction for $HYPER places the token at $0.32 by the end of the year. By 2030, we could have a $1.50 $HYPER for an ROI of 11,523% based on today’s price.

If you want to ride the Hyper train, read our guide on how to buy $HYPER and get your tokens on the official presale page.

Just remember that this isn’t investment advice. Do your own research (DYOR) and manage risks wisely.

Authored by Bogdan Patru, Bitcoinist – https://bitcoinist.com/us-strategic-bitcoin-reserve-comes-in-2025-bitcoin-hyper-gains

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.



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Crypto Trends

Tether Coming to America: Reveals ‘US-Regulated’ USAT Stablecoin, With Its Own CEO

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Stablecoin giant Tether furthered its push into the United States on Friday, announcing a previously teased U.S.-specific stablecoin designed to comply with new laws. 

The token project, dubbed USAT, will be led by Bo Hines, former executive director of the White House’s digital assets working group. Hines will serve as USAT’s CEO from Charlotte, North Carolina, where he and his family are based. Hines left the Trump administration last month, and immediately signed on as Tether’s strategic advisor for U.S. policy.

The token will be issued by Anchorage Digital and is expected to launch by the end of this year. USAT will be headquartered in Charlotte, Hines confirmed to Decrypt, with an office that will likely feature a “lean” team.

Anchorage Digital will be a shareholder in the  new U.S. company operating USAT, Tether CEO Paolo Ardoino said.

Tether invented the stablecoin. Now we’re bringing it home 🇺🇸

Meet USA₮ — the digital dollar for creators, earners, and everyone left behind. Made for America. Fast. Borderless.

Tether is powering digital dollars for the next generation.

Coming soon.. pic.twitter.com/1ANlhR1oqR

— USAT (@USAT_io) September 12, 2025

Ardoino previously told Decrypt at the White House in July that the company intended to create a U.S.-specific stablecoin, which will cater to different use cases than USDT, the company’s flagship stablecoin.

“We have built the most popular distribution channel for the United States, but also for the United States to reach the world,” Ardoino said Friday. “With USAT and USDT together… we can [bring financial services] to the rest of the world and also the underserved communities in the United States.”

For years, Tether has avoided a major U.S. presence. Its $170 billion stablecoin USDT token has not yet had its reserves audited by a Big Four firm, and the token has also faced criticism in the past for its use in criminal activity. Tether, handily the largest stablecoin issuer in the world, is currently headquartered in El Salvador. 

In the wake of Donald Trump’s re-election last year, though, the company has aggressively pushed to establish itself stateside and openly compete with rival firms pitching themselves as more regulatory-compliant Tether alternatives.

The company is intimately connected with U.S. Commerce Secretary Howard Lutnick, a major Tether booster. Lutnick’s Wall Street firm, Cantor Fitzgerald, says it custodies billions of dollars worth of U.S. Treasuries backing USDT.

Following the passage of the GENIUS Act in July—which for the first time established a legal framework for issuing and trading stablecoins in the United States—Tether CEO Ardoino told Decrypt the company intends to make USDT compliant with the new law, and thus accessible in the U.S. market. 

Compliance would involve obeying stringent U.S. anti-money laundering laws and undergoing intricate audits. Ardoino said he fully intends to have USDT meet those standards.

On Friday, Ardoino doubled down on Tether’s commitment to get USDT greenlit in the United States via the GENIUS Act’s pathway for foreign issuers.



When asked by Decrypt what the difference in appeal will be between USAT and USDT, if both tokens are eventually made available in U.S. markets, Ardoino said Friday that USAT will be designed as an “America-first” product branded to speak to the needs of U.S. users. USDT, which is established in the global market, will serve as “the distribution channel for USAT abroad,” he added. 

Ardoino specifically pushed back on the prospect, however, of USAT or its partners offering yield to holders, similar to rival stablecoin issuer Circle’s lucrative arrangement with Coinbase. 

“We’ll see,” Ardoino said of such plans, “But I’m not a huge fan of that part of the stablecoin business, because I think it will make stablecoins less sustainable.”

He elaborated that Tether uses the yield it generates on its massive U.S. Treasury reserves to invest in the company’s distribution channels, which he said are unparalleled and key to Tether’s dominance.

“Sharing the yield is done by our competitors because they don’t own the distribution network,” he said, “but we own the distribution network, and we still believe we can bring the same utility and same returns to users through different means that are more established [and] crypto-native.”

The company announced the news today at a spy museum in midtown Manhattan. The event, decked out with patriotic Tether paraphernalia and American flags, was attended by prominent D.C. movers and shakers including Hines’ White House successor Patrick Witt, chair of the House Financial Services Subcommittee on Digital Assets Rep. Bryan Steil (R-WI), former GOP Speaker of the House Kevin McCarthy, and numerous prominent industry lobbyists.

On Friday, Ardoino also teased Tether’s other endeavors, including expanding its Bitcoin mining capabilities.

“Tether is going to become the biggest Bitcoin miner in the world by the end of this year,” he said.

Editor’s note: This story was updated after publication to add comments from Ardoino and Hines along with further details.

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Bitcoin, Ethereum ETFs rake in over $1 billion
Crypto Trends

Bitcoin, Ethereum ETFs rake in over $1 billion

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Bitcoin and Ethereum spot ETFs recorded a combined $1.048 billion in net inflows on Sept. 12, marking one of the strongest single-day institutional demand periods since the products launched.

Summary

  • Bitcoin ETFs saw $642 million inflows, pushing total net inflows to $56.8 billion overall
  • Ethereum ETFs rebounded with $405 million inflows after last week’s sharp outflows
  • Analysts say BTC, ETH charts show bullish setups with new highs in sight soon

Bitcoin (BTC) ETFs led the charge with $642.35 million in daily inflows and have pushed cumulative net inflows to $56.83 billion. Ethereum (ETH) ETFs contributed $405.55 million, bringing their total net inflows to $13.36 billion.

Ethereum ETFs show a strong recovery pattern

Ethereum ETFs have shown a turnaround in investor sentiment during the week ending September 12.

After recording $787.74 million in outflows the previous week, the funds attracted $637.69 million in weekly inflows.

The swing from outflows to significant inflows within one week shows volatile but ultimately positive institutional sentiment toward Ethereum.

The $405.55 million single-day inflow on Sept. 12 is one of the strongest daily performances since the Ethereum ETF launches.

Bitcoin ETF flow data

Weekly data shows the institutional buying momentum building over time. Bitcoin ETFs attracted $2.34 billion in net inflows for the week ending September 12, with total value traded reaching $16.65 billion. This is a strong recovery from the previous week’s more modest $246.42 million in inflows.

Technical levels point to more upside

The ETF inflows align with bullish technical developments across both assets. Analyst Ted noted that Ethereum’s reclaim of $4,700 sets up a test of $4,880 resistance, with new all-time highs possible if that level breaks.

$ETH has now reclaimed the $4,700 level.

The next major resistance for Ethereum before ATH is around $4,880.

If ETH reclaims that too, a new ATH will happen soon.

A failure to reclaim the top level could result in a market correction. pic.twitter.com/wpPjaww48l

— Ted (@TedPillows) September 13, 2025

The analyst also mentioned that a failure to breach this key resistance could cause a market correction.

BitBull highlighted Bitcoin’s reclaim of its eight-year trendline and called it a strong technical signal.

The analyst noted Bitcoin lost this level last month, but bulls have now closed a strong candle above it. This suggests the momentum is building for a new all-time high within two to three weeks.





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Crypto Trends

Brian Quintenz v. Tyler Winklevoss

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CFTC Chair nominee Brian Quintenz posted several messages he’d exchanged with Tyler Winklevoss, seemingly in a bid to get his nomination process back on track.

You’re reading State of Crypto, a CoinDesk newsletter looking at the intersection of cryptocurrency and government. Click here to sign up for future editions.

The narrative

On Wednesday, at CoinDesk’s Policy and Regulation event, one major topic of conversation was a post from former Commodity Futures Trading Commission Commissioner Brian Quintenz in which he shared chat logs from a conversation with Gemini co-founder and CEO Tyler Winklevoss, an unexpected move from a former public official waiting for the Senate to confirm him to head up the commodities regulator.

Why it matters

Quintenz’s path to becoming chair of the CFTC seemed clear until late July, when the Senate Agriculture Committee twice postponed a key vote to advance his nomination. The White House asked the committee to pause the vote without initially providing an explanation, though later Winklevoss told CoinDesk he had lobbied the White House to impose that hold. The CFTC is set to become the primary spot market regulator for crypto in the U.S., and is currently helmed by Acting Chair Caroline Pham, who intends to depart the agency after Quintenz’s nomination and no other commissioners. The potential lack of leadership as the agency gets tasked with new mandates could slow down or otherwise complicate any rulemakings it engages in.

Breaking it down

An active nominee awaiting a Senate vote sharing an exchange he had with donors to the president is unusual, to say the least. In his post, Quintenz said he had “never been inclined to release private messages” but that he believed President Donald Trump “might have been misled.”

“I’ve posted here the messages that include the questions Tyler Winklevoss asked me pertaining to their prior litigation with the CFTC,” he said. “I believe these texts make it clear what they were after from me, and what I refused to promise. It’s my understanding that after this exchange they contacted the president and asked that my confirmation be paused for reasons other than what is reflected in these texts.”

The texts he shared showed he had exchanged messages with Winklevoss on July 24 and 25. The first postponed vote in the Senate Agriculture Committee was originally scheduled for July 21, and the rescheduled vote was on July 28. The White House requested at least the second vote be delayed.

Spokespeople for Gemini and the Senate Agriculture Committee did not return requests for comment, and a White House press official could not be reached. Quintenz declined to comment beyond his post when reached earlier this week by CoinDesk.

The messages were about Gemini’s complaint with the CFTC’s Inspector General tied to a CFTC case against the exchange, which was settled earlier this year. Winklevoss asked Quintenz for his thoughts on the complaint, while Quintenz repeatedly said it would be better for “a fully confirmed chair” to weigh in on the matter.

It’s unclear from the messages whether Winklevoss was asking for a quid pro quo (he mentioned that Quintenz had asked for an endorsement) or was just trying to confirm to his own satisfaction that Quintenz would end what Winklevoss described as “lawfare” against Gemini and otherwise reshape the agency to be more industry-friendly.

On Quintenz’s end, his reticence was likely political savvines — if he had made some form of commitment, he may have had to recuse himself from engaging with the issue when he actually gets to the agency. If he made a commitment and it became public prior to a Senate vote, it would also probably become a talking point if there is a debate on his nomination. Quintenz also said in the messages that he did not have “anything close to a full picture of what is going on inside the building,” and that he “decided to wait until I can get into the role to get that view as opposed to trying to get it now through current leadership.”

The timing of Quintenz’s confirmation votes — he needs both the Senate Agriculture Committee to advance him and the entire Senate to confirm him — remain in question. But it’s a sign of how much that process has slowed that he felt posting these messages would help his cause.

Monday

  • There are no hearings or votes scheduled for this upcoming week.

If you’ve got thoughts or questions on what I should discuss next week or any other feedback you’d like to share, feel free to email me at nik@coindesk.com or find me on Bluesky @nikhileshde.bsky.social.

You can also join the group conversation on Telegram.

See ya’ll next week!



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