Long-term BTC holders have already earned more than in previous cycles, except for 2017 — Glassnode

Winter is coming?

For the first time in history, the market capitalization of stablecoins has surpassed $280 billion.

▪️Since the beginning of the year, the figure has grown by about 35% (or $75 billion). In his new essay, BitMEX founder Arthur Hayes described stablecoins as the driver of a “once-in-a-century transformation of the global monetary architecture.”

▪️“I estimate that by 2028 the total volume of U.S. dollar–pegged stablecoins will reach at least $10 trillion,” Hayes added.

▪️In his reflections, Hayes also highlights the special role of U.S. Treasury Secretary Scott Bessent in the development of the stablecoin market. Bessent has repeatedly emphasized the vast potential of the crypto industry, assigning a central role to stable tokens — much like Trump has done publicly.

According to Bessent, after the adoption of the GENEUS Act, which regulates the U.S. stablecoin market, the sector could reach a market cap of $3.7 trillion by 2030 — slightly more modest than Hayes’ $10 trillion projection.

CZ: “I truly believe that Bitcoin will become the global world reserve currency.”

Changpeng Zhao is also confident that trading volume on DEX will one day surpass that of CEX.

He added that the next major breakthrough in cryptocurrency may occur in the fields of AI, RWA, and stablecoins.

Top 100 public companies by the amount of BTC on their balance sheets as of now

Google is launching its own blockchain service.

Google Cloud announced the launch of Universal Ledger (GCUL) — a new platform that could compete with traditional blockchains and payment networks.

Key points:

➤ Focus on payments – global, 24/7, multi-currency, programmable transfers.

➤ Simplification – access through a single API, without complex infrastructure.

➤ Speed and scale – designed for massive transaction volumes, from retail to capital markets.

➤ Security and compliance – built-in KYC, permissioned network, Google’s technologies.

➤ Lower fees – transparent and predictable pricing, an alternative to costly cards and slow banks.

GCUL is positioned as a next-generation financial infrastructure that will allow banks, fintechs, and corporations to launch products faster, cut costs, and compete with blockchain startups.

Google is betting on Corporate Blockchain 2.0 — more secure and integrated than public networks, yet scalable across the global market.

Elon Musk’s lawyer, Alex Spiro, is preparing to head a new public company that plans to raise $200 million to purchase DOGE tokens for its balance sheet. The extent of Musk’s involvement is unclear. — Fortune

World Liberty Financial has launched a program to direct all fees from protocol-owned liquidity toward buying back and burning WLFI tokens.

The token crashed 35% immediately after launch.

Another company has launched a Toncoin reserve. Anthony Scaramucci has become its advisor.

▪️The AlphaTON Capital project announced plans to buy back about $100 million worth of Toncoin and to work on developing applications based on the Telegram ecosystem. The company has already secured funding, including a $35 million credit line for “purchasing TON from a third party.”

▪️Previously, the company was called Portage Biotech and specialized in oncology research as a clinical biotech firm. After rebranding, its shares began trading on Nasdaq under the ticker ATON. On the first day of trading, the stock rose by 20%, but later fell below the listing price.

▪️Advisors to AlphaTON include SkyBridge Capital founder Anthony Scaramucci, as well as representatives from BitGo, Animoca Brands, Kraken, and other crypto companies.

▪️Brittany Kaiser has been appointed CEO of AlphaTON. She previously served as a director at Gryphon Digital Mining. On September 3, that company completed a merger with American Bitcoin — a project backed by the elder sons of U.S. President Donald Trump. After the merger, American Bitcoin also began trading on Nasdaq under the ticker ABTC.

AlphaTON is already the second company with a Toncoin reserve. In August, the Ton Strategy project reported purchasing more than $558 million worth of TON. One of the key elements of its strategy was buying tokens at a discount.

Over the past two days, whales and institutional investors have accumulated an impressive amount of Ethereum — 218,750 ETH worth about $943,000,000.

Bitmine acquired 69,603 ETH (around $300 million) from BitGo and Galaxy Digital. In addition, five new crypto wallets were funded with another 102,455 ETH (about $441.6 million) via FalconX.

David Bailey: The only reason Bitcoin is still below $150,000 is ancient whales. A moonshot awaits us as soon as the market wipes them out (absorbs their selling).

David Bailey is the CEO of BTC Inc. (Bitcoin Magazine) and founder of Nakamoto Inc. In 2024, he became an unofficial advisor to Donald Trump on cryptocurrency and blockchain policy, playing a notable role in shaping the president’s pro-Bitcoin agenda.

Performance of different crypto market sectors since the beginning of 2025 (Binance)

Michael Saylor, the head of MicroStrategy, was included in Bloomberg’s official list of the world’s 500 richest people.

A new bill has been introduced in the U.S. Congress requiring the Treasury Department to study the creation of a strategic BTC reserve and other cryptocurrencies.

Over the past week, corporates added 6,218 BTC to their balances — during the same period, 3,150 BTC were mined.

Strategy already holds 3% of the total BTC supply on its balance sheet.

Coinbase stated that the era of easy money in crypto is over:

▪️ In its new report, Coinbase notes that the market has significantly matured.
▪️ For corporations, the days of easy profits simply by adding BTC to their balance sheets are becoming a thing of the past.
▪️ Copying the strategy of companies like MicroStrategy no longer guarantees high returns.
▪️ Coinbase warns that the market is starting to become oversaturated with companies using cryptocurrency in their treasury policies.

Analysts have discovered a new virus, ModStealer, which is almost undetectable by antivirus software and steals data from browser-based crypto wallets:

▪️ The malware spreads through fake job ads and disguises itself as a background service.
▪️ It works on Windows, Linux, and macOS, targeting browser extensions for crypto wallets, as well as system data and certificates.
▪️ Stolen information is sent to remote command-and-control servers.
▪️ On macOS, the virus persists by registering as a “helper” and launches on every reboot.

ModStealer poses a direct threat to crypto users — private keys, seed phrases, and exchange API keys can be stolen, leading to asset losses.

The Altseason Index has crossed the threshold for the first time since December 2024.

▪️The canonical Altcoin Season Index by Blockchain Center has reached 78 — the highest level since December 2024.

▪️According to the service’s methodology, this marks the beginning of the so-called altcoin season — a period when most major cryptocurrencies outperform Bitcoin in returns.

▪️The index is calculated based on the performance of the 50 largest coins over the past 90 days (excluding stablecoins and synthetic tokens like WBTC and stETH). If 75% or more of them outperform Bitcoin, it signals an altseason. That threshold has now been exceeded.

▪️Other major platforms also confirm growing interest in altcoins. According to CoinMarketCap, its own index has reached 67 — the highest in at least three months, compared to 29 in August.

▪️ёTop gainers over the past 90 days include PENGU, CRO, IP, ENA, MNT, SEI, LINK, WLD, and ETH.

Altcoin market cap (TOTAL2 index) exceeds $1.63 trillion. Bitcoin’s market cap stands at $2.27 trillion. Bitcoin has also set a new high since late August, trading above $114,000.