The Coin Daily — Stories

Analysts link Robinhood Chain token launches to an extraction ring

Ava Makina — Mon, 28 Sep 2026 17:25:05 +0000

A recent on-chain investigation points to a coordinated extraction ring leveraging token launches on Robinhood Chain’s Pons V2 launchpad. Analyst Wazz alleges that, between July 10 and September 21, a single operation extracted at least $18.43 million in proceeds from 53 launches.

Pons V2’s design imposes a 99% snipe tax on purchases made in roughly the first 5 seconds unless a wallet is exempt. The intent was to block bots, but Wazz says creators could whitelist selected addresses, letting certain wallets buy supply tax-free as trading opened.

In 9 reviewed launches, between 15 and 25 wallets were exempted, then bought out launches in under a second or within the first few blocks, leaving the creator and exempt addresses holding roughly 82% to 86% of supply. The core issue is the allegation that the launch design let selected wallets dominate supply almost instantly, raising questions about who controls those exemptions and how clearly buyers can see concentration at launch.

Presented by Ava Makina (AI presenter).

Read and watch this story at The Coin Daily

View full show: Robinhood Chain ring, Iran USDT use, JPYC on Upbit, XRP ETF inflows and Dogecoin whales

Senate Democrats focus on Iran-linked wallets and Tether’s USDT

Ava Makina — Mon, 28 Sep 2026 17:25:05 +0000

Senate Democrats have placed Tether’s USDT in the spotlight of a deepening sanctions discussion after a new investigation found that 84% of over 800 wallets tied to sanctioned Iranian actors used the stablecoin exclusively or predominantly. The review, covering 846 wallets, reframes the regulatory challenge: stablecoins aren’t just about whether the reserves are there, but also about how global payments infrastructure can overlap with U.S. sanctions enforcement.

USDT’s key feature, borderless dollar-tracking with the issuer able to freeze assets, means it’s now both a tool for moving value and a point of leverage for policymakers. Tether responded by highlighting its cooperation with law enforcement, saying it worked to freeze around $550 million in Iran-linked tokens this year and emphasizing that it regularly helps authorities lock wallets for sanctions breaches.

The tension is clear: lawmakers highlight the scale of USDT’s use by sanctioned networks, while Tether underscores its active intervention. For the market, this signals a shift in the stablecoin debate from just reserve transparency to sanctions reach, financial controls, and how issuers respond when authorities identify wallets. Tether’s actions may now face further scrutiny from policymakers.

Presented by Ava Makina (AI presenter).

Read and watch this story at The Coin Daily

View full show: Robinhood Chain ring, Iran USDT use, JPYC on Upbit, XRP ETF inflows and Dogecoin whales

South Korea reviews market-maker ban after JPYC surges on Upbit

Ava Makina — Mon, 28 Sep 2026 17:25:05 +0000

JPYC, a yen-backed stablecoin, debuted on Upbit and within the first hour traded more than 4 times above its reference value. It opened at 12 won and spiked to 37.6 won, pushing far beyond its yen peg, and this wasn’t unique to a single pair, but across Korean won, bitcoin, and USDT listings.

The move mattered less as a story about JPYC itself than as a stress test for market structure, exposing what can happen when a newly listed token meets thin liquidity, with too few orders near fair value to absorb demand. That price dislocation has now prompted South Korea’s Financial Services Commission to review whether formal crypto market making should be allowed.

Presented by Ava Makina (AI presenter).

Read and watch this story at The Coin Daily

View full show: Robinhood Chain ring, Iran USDT use, JPYC on Upbit, XRP ETF inflows and Dogecoin whales

Franklin Templeton’s XRP ETF passes $500 million in net inflows

Ava Makina — Mon, 28 Sep 2026 17:25:05 +0000

Franklin Templeton’s XRP ETF has now crossed $500 million in cumulative net inflows, making it one of the leading U.S. products tied to the token. That milestone comes on the heels of a $4.26 million daily addition for Franklin on September 25, part of a broader session where all U.S. spot XRP ETFs drew $22.65 million. Bitwise led the day’s new creations at $18.39 million.

But that steady inflow does not mean spot XRP is holding up. On the same day inflows spiked, XRP fell 2.69% in a single hour, dropping to about $1.49. That is the core tension here: strong fund demand does not automatically translate into intraday price resilience. Franklin Templeton’s own product page says the fund tracks a once-a-day benchmark, so it reflects accumulated demand rather than real-time price swings.

For now, ETF demand is strong, but it is not insulating XRP from volatility.

Presented by Ava Makina (AI presenter).

Read and watch this story at The Coin Daily

View full show: Robinhood Chain ring, Iran USDT use, JPYC on Upbit, XRP ETF inflows and Dogecoin whales

Dogecoin whales accumulate near the 10-cent resistance level

Ava Makina — Mon, 28 Sep 2026 17:25:05 +0000

A wave of whale accumulation is driving Dogecoin’s latest story, with large holders adding aggressively just under the 10-cent ceiling. Over just 4 days, wallets holding over a million Dogecoin each picked up about 1.14 billion tokens, valued at roughly $112 million. That buying landed as Dogecoin was repeatedly testing, but not quite breaking, the $0.098 to 10-cent resistance zone, with support holding just under at about $0.095.

The contrast with the ETF backdrop is clear. U.S. spot Dogecoin ETFs pulled in a record $2.89 million for the week ended September 25. But the bigger immediate move here was the concentrated whale buying over those 4 days.

What this sets up is a concentration story near a known technical barrier. If Dogecoin can clear the 10-cent mark, the accumulation may help support a breakout. If not, the recent buying may matter more as support than as a clear trigger for the next leg higher.

Dogecoin whales building a $110 million position into that 10-cent resistance could decide whether this breakout attempt sticks.

Presented by Ava Makina (AI presenter).

Read and watch this story at The Coin Daily

View full show: Robinhood Chain ring, Iran USDT use, JPYC on Upbit, XRP ETF inflows and Dogecoin whales

PUMP Jumps 13.40% but Tests Resistance

Ava Makina — Mon, 28 Sep 2026 08:00:05 +0000

PUMP stands out as one of the day's only cohort outliers to the upside, up another 13.40 percent.

PUMP's move this morning is big, but the regime is still technically down and it's sitting just under resistance at 0.005122, last at 0.005023. The nearest watch level is 0.00505 just overhead, and that lines up as the active support trigger. If PUMP can reclaim and hold above 0.00505, it keeps this push alive; if not, the move may be running out of steam. Momentum's been hot, but positioning shows funding leaning positive, signaling long interest, just not crowded. Risk here is for swift reversals if it gets rejected again at resistance.

Presented by Ava Makina (AI presenter).

Read and watch this story at The Coin Daily

View full show: QNT's breakout rally is the risk magnet; broad selloff, but a few outliers are driving the board.

QNT Open Interest Jumps as Price Surges

Ava Makina — Mon, 28 Sep 2026 08:00:05 +0000

On positioning, QNT is the real outlier for both price and open interest surge.

QNT's jumped 47.91 percent in a day and open interest has exploded by 63.26 percent, now at 164.6 million dollars, this is where the new leverage is concentrated. Funding rate is negative at -4.2 percent annualized, so shorts are paying up, but that's not stopping buyers. If QNT gets heavy or funding flips positive, it's your first warning that this breakout might be getting stretched.

Presented by Ava Makina (AI presenter).

Read and watch this story at The Coin Daily

View full show: QNT's breakout rally is the risk magnet; broad selloff, but a few outliers are driving the board.

QNT Volatility Spikes as $265 Support Comes Into Focus

Ava Makina — Mon, 28 Sep 2026 08:00:05 +0000

Volatility-wise, QNT is off the chart, literally topping its own history.

QNT is the most volatile name on the board and has jumped nearly 170 percent over the past 48 hours. Holding above support at 265 is the key; the next resistance sits at 275. Risk is fast moves, whipsaws, especially with this much leverage piled in. If it snaps 265, expect things to unwind quickly.

Presented by Ava Makina (AI presenter).

Read and watch this story at The Coin Daily

View full show: QNT's breakout rally is the risk magnet; broad selloff, but a few outliers are driving the board.

Bitcoin Cash Tests Support After Sharp Selloff

Ava Makina — Mon, 28 Sep 2026 08:00:05 +0000

Elsewhere, Bitcoin Cash has the cleanest analytical setup right now without pointing to direction.

Bitcoin Cash is down nearly 10 percent on the day and 5.40 percent over four hours, with support at 305.47, resistance at 316.15, and a pretty tight quoted spread. The regime's ranging, and it's sitting just above support, if that goes, momentum could accelerate lower. Nothing confirmed here; it's the level to watch if the broader selloff worsens.

Presented by Ava Makina (AI presenter).

Read and watch this story at The Coin Daily

View full show: QNT's breakout rally is the risk magnet; broad selloff, but a few outliers are driving the board.

SEC clarifies when crypto token buybacks fall outside securities treatment

Ava Makina — Sun, 27 Sep 2026 17:05:06 +0000

The SEC has published new staff guidance on how crypto token buybacks are viewed under US securities law. In an update from the Division of Corporation Finance, the agency says that when a blockchain network is already fully functional, announcing or carrying out a buyback for a non-security token does not, by itself, amount to an ongoing managerial promise.

The limits are just as important. If the network is still being built, or if the buyback is marketed as a path to yield or future returns, securities questions can still apply. This is staff guidance, not binding law, but it gives crypto teams and lawyers a clearer answer on one narrow issue: a buyback on a live network is not automatically evidence of an investment contract.

That matters because it removes one common source of ambiguity for projects trying to manage token supply without creating a new securities risk.

Presented by Ava Makina (AI presenter).

Read and watch this story at The Coin Daily

View full show: SEC buyback guidance, Bitget XRP trace, Quant-Clearing House, Ethena's USDe and Solana hires

Bitget tracks $83 million in stolen XRP as hackers move funds

Ava Makina — Sun, 27 Sep 2026 17:05:06 +0000

Bitget now puts September’s hack at about $387.5 million, making it one of this year’s biggest crypto thefts. The exchange’s user protection fund holds more than $464 million, so it says customer balances are covered, with bitcoin withdrawals planned to restart on September 28.

The harder part is getting the stolen funds back. About $83 million in XRP has already left three holding wallets, while roughly $75 million in XRP is still sitting in accounts linked to the theft. That matters because XRP cannot be frozen by an issuer the way USDT or USDC can.

Circle and Tether have already frozen about $320,000 in stablecoins, but once XRP moves, recovery mostly depends on tracing it, watching for it to hit exchanges, and trying to stop it there.

The immediate focus is whether more XRP leaves those tracked wallets, and whether Bitget meets its September 28 withdrawal target while giving fresh updates on the tracing effort.

Presented by Ava Makina (AI presenter).

Read and watch this story at The Coin Daily

View full show: SEC buyback guidance, Bitget XRP trace, Quant-Clearing House, Ethena's USDe and Solana hires

Quant jumps after The Clearing House selects its technology for tokenized deposits

Ava Makina — Sun, 27 Sep 2026 17:05:06 +0000

Quant’s QNT token surged after The Clearing House, a key backbone for U.S. bank payments, chose Quant to help build its new On-Chain Money Initiative. The Clearing House runs core systems like RTP and CHIPS, which handle everyday and high-value transfers between banks. Quant was selected to provide the interoperability, orchestration and transaction-management layer for the new network, connecting tokenized deposits to those existing rails.

QNT’s price action surged: the window opens just above $95 and climbs to nearly $179, posting an 87% move. Each candle holds higher. Support forms at $157; resistance sits at $194.

QNT’s move is about more than a headline. Quant’s technology is intended to connect tokenized deposits to RTP and CHIPS through the new network. The project also points to a live checkpoint, with access for participating institutions expected in the first half of 2027. That gives the market a timeline to watch as the initiative moves from selection and design toward rollout.

Presented by Ava Makina (AI presenter).

Read and watch this story at The Coin Daily

View full show: SEC buyback guidance, Bitget XRP trace, Quant-Clearing House, Ethena's USDe and Solana hires

Ethena extends USDe with Binance tokenized stocks as ENA rallies

Ava Makina — Sun, 27 Sep 2026 17:05:06 +0000

Ethena’s deal with Binance moved the market on a fresh read on what this means for USDe. As that reaction set in, ENA pushed higher.

ENA pressed higher across 48 hourly candles, opening just above $0.25 and closing near $0.275. Support and resistance mark out at $0.265 and $0.278, with the last price tick just under resistance. The full window shows nearly a 9% climb.

The renewed move in ENA wasn’t just about the Binance tie-up. It was a repricing around the structure Ethena says it is building inside USDe. Binance is set to be the first venue for extending that basis trade into equity perpetuals, using bStocks paired with matching USDT-denominated equity perpetual futures. That is why the market treated this as more than a branding story and focused on how the mechanism inside USDe could expand.

Presented by Ava Makina (AI presenter).

Read and watch this story at The Coin Daily

View full show: SEC buyback guidance, Bitget XRP trace, Quant-Clearing House, Ethena's USDe and Solana hires

Solana Foundation hires former Binance and Polygon executives

Ava Makina — Sun, 27 Sep 2026 17:05:06 +0000

The Solana Foundation has made two senior hires: Rachel Conlan as chief strategy officer and Jamal Raees as general manager of payments. Conlan joins after 3 years as Binance’s global chief marketing officer. Raees comes over from Polygon Labs, after earlier roles at Bridge and Wyre.

Together, the appointments show the Foundation is putting more senior weight behind partnerships, go-to-market strategy, and payments as it pushes further into enterprise and real-world use.

The SEC’s token buyback clarification now sets the compliance line issuers will test next.

Presented by Ava Makina (AI presenter).

Read and watch this story at The Coin Daily

View full show: SEC buyback guidance, Bitget XRP trace, Quant-Clearing House, Ethena's USDe and Solana hires

NEAR holds gains as funding runs hot

Ava Makina — Sun, 27 Sep 2026 08:00:06 +0000

Drilling into the lead name, NEAR:

NEAR's up 9.93 percent and stands out as the most persistent outlier. Price is at 5.4648$, inside a range but firming up. Support below at 5.1483$. Funding's notably hot, 32 percent annualized, so nobody's fading the strength yet, but that level of positioning adds snapback risk. If you're watching NEAR, keep an eye on 5.1483$, lose that, and the move breaks down fast.

Presented by Ava Makina (AI presenter).

Read and watch this story at The Coin Daily

View full show: NEAR and WLD Lead With Clean Momentum • BCH Pops on Vol Expansion, But Tape Is Scattered

WLD Open Interest Jumps as Buyers Hold Control

Ava Makina — Sun, 27 Sep 2026 08:00:06 +0000

Positioning watch: WLD's drawing in a lot of attention.

Open interest in WLD jumped 21.33 percent over 24 hours, price up 12.27 percent. Funding's running at 18.4 percent annual, so there's some incentive for shorts, but buyers remain in control. Active support sits at 0.535$. If that breaks, the froth could get washed out quickly.

Presented by Ava Makina (AI presenter).

Read and watch this story at The Coin Daily

View full show: NEAR and WLD Lead With Clean Momentum • BCH Pops on Vol Expansion, But Tape Is Scattered

Bitcoin Cash Volatility Jumps as Open Interest Slips

Ava Makina — Sun, 27 Sep 2026 08:00:06 +0000

Outlier board: Bitcoin Cash is today's volatility magnet.

Bitcoin Cash is the wild one this morning, showing its biggest vol expansion in months. Last price is 340.61$, with resistance at 342.83$ and support close by at 330.84$. Across the 48 one-hour candles on this board, BCH opened at 332.65$ and closed at 340.61$, up 2.39% over the displayed window. Volume's up, but open interest drifted lower, hinting at possible short-term shakeouts instead of real trend. Watch for quick moves on headline or range breaks.

Presented by Ava Makina (AI presenter).

Read and watch this story at The Coin Daily

View full show: NEAR and WLD Lead With Clean Momentum • BCH Pops on Vol Expansion, But Tape Is Scattered

NEAR sets up above $5.45 after 9.93% daily jump

Ava Makina — Sun, 27 Sep 2026 08:00:06 +0000

And a final deep cut to wrap up: NEAR's the cleanest trade if you need to pick a setup.

On the analytical read, NEAR notched a 6.63 percent four-hour pop and 9.93 percent on the day. On the current board, price is 5.4648$, with 5.45$ as the trigger; clear that, and 5.5$ is the level to eye. Slip below 5.43$ and momentum fades.

Presented by Ava Makina (AI presenter).

Read and watch this story at The Coin Daily

View full show: NEAR and WLD Lead With Clean Momentum • BCH Pops on Vol Expansion, But Tape Is Scattered

Bitget resumes withdrawals in phases after $387 million breach

Ava Makina — Sat, 26 Sep 2026 17:05:05 +0000

Bitget is bringing withdrawals back in stages after its September 24 security breach, and the key point for users is that access is still limited for several more days. Bitcoin withdrawals are due to return first on September 28. Ethereum follows on September 29, then Tether on September 30. The rest of token withdrawals, along with fiat and peer-to-peer functions, are scheduled for October 2.

So while the freeze is starting to ease, withdrawals are not fully back yet. Users can now see the order of the reopening, but broader access is still being restored step by step after the breach and the suspension that followed.

Presented by Ava Makina (AI presenter).

Read and watch this story at The Coin Daily

View full show: Bitget breach, NEAR ETF, Solana disinflation, Tether EQIBank, and Aave stocks

Bitwise’s NEAR ETF clears approvals as NEAR reprices sharply

Ava Makina — Sat, 26 Sep 2026 17:05:05 +0000

Bitwise’s NEAR ETF is now launch-ready after clearing two milestones: the SEC has declared the registration statement effective, and NYSE Arca has approved trading under the ticker NRR. That moves this from filing progress to a product that could debut once Bitwise activates it.

NEAR climbed nearly 6% across this two-day window, opening around $4.58 and closing just below $4.85, but each test of $4.97 stalled out. The latest candle shows NEAR pressing against support at $4.80.

The cleaner read here is that traders have started defining a range around the ETF news: repeated failures near $4.97 show sellers still active, while $4.80 is the level to watch on the downside. So the new signal is not simply that launch progress is real, but that NEAR now needs to break that range before ETF optimism turns into a stronger trend.

Presented by Ava Makina (AI presenter).

Read and watch this story at The Coin Daily

View full show: Bitget breach, NEAR ETF, Solana disinflation, Tether EQIBank, and Aave stocks

Solana doubles disinflation rate and cuts projected issuance by 19 million SOL

Ava Makina — Sat, 26 Sep 2026 17:05:05 +0000

Solana’s tokenomics are set to tighten after a network governance vote doubled the annual disinflation rate, meaning the pace at which new Solana enters circulation slows down far sooner. The measure passed with 67% support, while participation reached 60.7%. A crucial factor: late swings from major validators, including a reversal by Kraken’s node, pushed the change over the line. The new policy is projected to cut total supply by nearly 19 million Solana over 6 years.

Solana’s price candles step up from $116 to a close above $121 in this two-day window, holding just under resistance at $123. Support sits at about $120. The market’s first reaction reads as steady accumulation, not a blow-off rally.

The practical change is where those reductions land: staking and validator reward issuance now step down faster, not just the headline supply path. In other words, the squeeze is brought forward into the reward schedule itself.

Presented by Ava Makina (AI presenter).

Read and watch this story at The Coin Daily

View full show: Bitget breach, NEAR ETF, Solana disinflation, Tether EQIBank, and Aave stocks

Tether says EQIBank exposure is under $63.8 million

Ava Makina — Sat, 26 Sep 2026 17:05:05 +0000

Tether has disclosed its exposure to EQIBank as less than 0.034% of total assets. That follows concerns about EQIBank’s survival after a U.S. asset seizure that the bank says took about 80% of its monetary holdings. If Tether International’s asset base stands at $187.75 billion, that percentage implies exposure of less than roughly $63.8 million. Tether did not give an exact dollar figure, but it did give the market a ceiling on possible exposure while EQIBank is under pressure.

Presented by Ava Makina (AI presenter).

Read and watch this story at The Coin Daily

View full show: Bitget breach, NEAR ETF, Solana disinflation, Tether EQIBank, and Aave stocks

Aave adds tokenized stocks as collateral on Base

Ava Makina — Sat, 26 Sep 2026 17:05:05 +0000

Aave has launched its new Equities Hub on Base, opening a way for eligible non-U.S. users to borrow USDC against tokenized stock collateral. Starting September 25, users outside the United States can deposit tokens representing shares of Apple, Amazon, Alphabet, Meta, Microsoft, Nvidia, and Tesla. These Coinbase-issued tokens are collateral-only at launch: users can deposit them to unlock USDC loans, but cannot borrow the equity tokens themselves or open stock-against-stock positions.

What sets the hub apart is how it insulates risk: USDC suppliers explicitly opt into this market, separate from Aave’s broader Base lending markets, and each stock token collateral type has its own risk parameters. Governance also limits the borrow side to USDC for now, keeping the initial setup narrow.

Aave’s move to accept tokenized stocks as collateral on Base is the watchpoint as real-world assets enter DeFi lending in size.

Presented by Ava Makina (AI presenter).

Read and watch this story at The Coin Daily

View full show: Bitget breach, NEAR ETF, Solana disinflation, Tether EQIBank, and Aave stocks

PUMP Jumps 16.99% Toward Resistance

Ava Makina — Sat, 26 Sep 2026 08:00:06 +0000

Zooming in on one of those outliers, PUMP:

PUMP-USD put up another big move, rallying 16.99 percent on the day and closing its last candle at 0.004574. It's still trending up, but the price is now sitting just under resistance at 0.00465 and above support at 0.00452. Open interest is slightly down in the last hour, funding is quite positive, and positioning is hot. If you're trading PUMP, recognize that the risk is a reversal if resistance stalls price here.

Presented by Ava Makina (AI presenter).

Read and watch this story at The Coin Daily

View full show: ENA and PUMP run hot; AVAX and TAO jump in volatility, key levels hold across the board

ENA Open Interest Jumps as Rally Faces Support Test

Ava Makina — Sat, 26 Sep 2026 08:00:06 +0000

On positioning, ENA stands out:

ENA's open interest jumped 35.25 percent in 24 hours with a one-day return of +21.16 percent. Funding is positive but not aggressive at 11 percent annualized. Despite the move, ENA is described as trending down longer-term, so this could just be a short squeeze or fast money, not necessarily a new stretch of strength. Watch for rejection if it fails to hold above support at 0.265.

Presented by Ava Makina (AI presenter).

Read and watch this story at The Coin Daily

View full show: ENA and PUMP run hot; AVAX and TAO jump in volatility, key levels hold across the board

Avalanche Volatility Hits 96th Percentile

Ava Makina — Sat, 26 Sep 2026 08:00:06 +0000

For volatility, Avalanche is the wild one:

Avalanche's volatility is at the 96th percentile for its own history, even though it's only up 3.29 percent in our 48-hour window. That means it's making fast, choppy moves but isn't trending cleanly yet. The current price is 10.589, with support at 10.5 and resistance at 10.901. Range traders have levels to lean on, but trending setups aren't clear.

Presented by Ava Makina (AI presenter).

Read and watch this story at The Coin Daily

View full show: ENA and PUMP run hot; AVAX and TAO jump in volatility, key levels hold across the board

TAO Holds Between 305 Support and 315 Resistance

Ava Makina — Sat, 26 Sep 2026 08:00:06 +0000

And if you're scanning for analytical setups, TAO presents a different look:

TAO-USD is up 3.91 percent on the day but down 1.64 percent in the last four hours; it sits in a range with low spread and high volatility. Price is at 310.29, bracketed by support at 305 and resistance at 315. This is the name where price could shift quickly if one of these levels is broken, but so far it's just ranging with no clear bias in the short term.

Presented by Ava Makina (AI presenter).

Read and watch this story at The Coin Daily

View full show: ENA and PUMP run hot; AVAX and TAO jump in volatility, key levels hold across the board

Bitwise updates proposed NEAR ETF and NEAR jumps

Ava Makina — Fri, 25 Sep 2026 17:05:06 +0000

Bitwise updated its proposed NEAR ETF with details traders could actually evaluate. The amended SEC filing added the ticker NRR and described staking as a secondary objective alongside tracking the value of NEAR held by the trust. In practice, that means the fund would aim to follow NEAR’s price, less expenses, while also seeking to earn additional NEAR through staking. NEAR rose sharply after the update.

NEAR rallies from just above $4.20 on the open, pressing through the $5 support and touching resistance at $5.15. The move adds more than 21% across the window, holding last price at $5.111.

More specifically, Bitwise describes a trust that would hold NEAR in custody, track the value of those holdings less expenses, and treat staking as a secondary objective. That framing matters because it sketches the fund’s structure, not just the ticker update.

Presented by Ava Makina (AI presenter).

Read and watch this story at The Coin Daily

View full show: NEAR ETF surge, Binance Bitcoin outflow, Ethena tokenized stocks and DoubleZero Edge

Binance records its largest Bitcoin outflow since 2023

Ava Makina — Fri, 25 Sep 2026 17:05:06 +0000

More than 13,800 Bitcoin left Binance on September 25, marking the largest single-day net outflow from the exchange since last year. This stands out because it happened just as Bitcoin was trading just under $84,000, after briefly climbing above $87,000 earlier in the week.

The headline number is concrete, but what it means is not as clear-cut as it might sound. Net outflows from an exchange simply measure that more Bitcoin was pulled from Binance than deposited, which does remove those coins from immediate sale on that venue. But who is moving those coins, and why, is less certain. It can reflect investors moving Bitcoin into self-custody after a rally, or larger holders shifting inventory off-exchange for treasury, custody, or settlement reasons, without signaling market direction.

It is worth noting that Binance had already been seeing net Bitcoin outflows during this recent upswing, but this latest move was far larger than the recent daily average. That gives the figure some context: this was an unusually large reading within a broader withdrawal pattern, not proof by itself of bullish or bearish sentiment.

Presented by Ava Makina (AI presenter).

Read and watch this story at The Coin Daily

View full show: NEAR ETF surge, Binance Bitcoin outflow, Ethena tokenized stocks and DoubleZero Edge

Ethena partners with Binance to bring tokenized stocks into USDe

Ava Makina — Fri, 25 Sep 2026 17:05:06 +0000

Ethena is expanding what backs its synthetic dollar, USDe, through a new partnership with Binance that brings tokenized U.S. stocks, called bStocks, into its reserve system. Until now, USDe has relied chiefly on crypto collateral paired with short perpetual futures to hedge risk and generate yield. The new setup has Ethena buying tokenized stocks and shorting matching equity perpetuals, a derivatives contract with no expiry date. The idea is to collect funding paid by traders seeking long exposure, using a structure similar to the one Ethena already runs in crypto.

This broadens the assets supporting USDe, so its reserve is no longer tied only to crypto market dynamics. It also opens another potential source of yield and diversification if returns in crypto perpetuals weaken. But the structure adds new dependencies: USDe now leans on Binance’s tokenized stock infrastructure and on the liquidity of equity perpetuals. It also introduces a market-hours mismatch, because the underlying U.S. stocks follow regular trading hours even though the tokenized instruments trade in a 24-7 crypto market.

Traders responded decisively, with Ethena’s governance token ENA repricing sharply around the announcement. That reaction suggests the market sees this as more than a simple expansion: if the equity basis trade works, USDe’s potential funding sources could broaden materially. If not, the added complexity could become a pressure point.

Presented by Ava Makina (AI presenter).

Read and watch this story at The Coin Daily

View full show: NEAR ETF surge, Binance Bitcoin outflow, Ethena tokenized stocks and DoubleZero Edge

DoubleZero adds real-time Hyperliquid market data to Edge

Ava Makina — Fri, 25 Sep 2026 17:05:06 +0000

DoubleZero Foundation has added real-time Hyperliquid market data to its Edge platform. The service is built for trading firms that need a clean, ordered feed instead of scraping public APIs that can arrive late or out of sequence.

DoubleZero says the launch includes 5 Hyperliquid feeds, including native perpetual markets, trade[XYZ] markets, and mempool-derived order intents. Delivered as a machine-readable stream over dedicated fiber, the data is meant to let firms rebuild the order book in real time with less extra processing.

For market makers and quant desks, better data delivery can mean faster reactions and fewer gaps in what their systems see. It does not change how Hyperliquid matches trades, but it does make the venue easier to plug into professional trading infrastructure.

DoubleZero’s real-time Hyperliquid feed on Edge is the infrastructure test that could pull more pro flows on-chain.

Presented by Ava Makina (AI presenter).

Read and watch this story at The Coin Daily

View full show: NEAR ETF surge, Binance Bitcoin outflow, Ethena tokenized stocks and DoubleZero Edge

Chainlink Jumps 7.77% Toward $13.5 Resistance

Ava Makina — Fri, 25 Sep 2026 08:00:05 +0000

On to standout names:

Chainlink jumped 7.77 percent over the last day, a clear outlier in what's otherwise a sideways range. The price last traded at 13.406 dollars, sitting just under the 13.5 dollars resistance. Support is at 12.605 dollars. This is still a ranging environment, so watch for a real breakout above 13.5 dollars or a slip back below 12.605 dollars for a directional signal.

Presented by Ava Makina (AI presenter).

Read and watch this story at The Coin Daily

View full show: ONDO jumps 25%, LINK wakes up, quiet tape under the surface — levels to watch: ONDO $0.535, LINK $12.61, ENA $0.215

ONDO Open Interest Jumps 61% as Funding Runs Hot

Ava Makina — Fri, 25 Sep 2026 08:00:05 +0000

Checking positioning in the biggest mover:

ONDO saw the largest open interest change, up 61.25 percent in 24 hours, coupled with a 25.69 percent price gain. Funding's running hot at 13.35 percent annualized, with open interest now 544.7 million dollars. The size of the move plus positioning says ONDO is crowded, if it starts to reverse, expect it to move sharply.

Presented by Ava Makina (AI presenter).

Read and watch this story at The Coin Daily

View full show: ONDO jumps 25%, LINK wakes up, quiet tape under the surface — levels to watch: ONDO $0.535, LINK $12.61, ENA $0.215

ENA softens after pop near key resistance

Ava Makina — Fri, 25 Sep 2026 08:00:05 +0000

Elsewhere, a deep cut on ENA:

ENA is softening after a recent pop, up 4.61 percent for the day, but down 2.51 percent over four hours. Last price is 0.22167 dollars, with resistance at 0.225 dollars and support at 0.215 dollars. The spread is tight, so action here can be quick. This is the desk's top analytical setup, but it's a wait for a level break, not a clear directional trade right now.

Presented by Ava Makina (AI presenter).

Read and watch this story at The Coin Daily

View full show: ONDO jumps 25%, LINK wakes up, quiet tape under the surface — levels to watch: ONDO $0.535, LINK $12.61, ENA $0.215

Coinbase launches fixed-rate Bitcoin loans with maturity liquidation risk

Ava Makina — Thu, 24 Sep 2026 17:40:06 +0000

Coinbase has rolled out fixed-rate USDC loans backed by Bitcoin, but the real shift isn’t the interest rate, it’s the built-in maturity date. Borrowers now lock in both the rate and the final repayment deadline when they originate the loan, and that’s a structural difference from Coinbase’s earlier variable-rate crypto-backed offerings. The core risk moves beyond just Bitcoin’s price. If the loan isn’t paid back in full by maturity, the collateral becomes eligible for liquidation, even if loan-to-value is otherwise healthy at the deadline.

Mechanically, users post Bitcoin, which Coinbase converts to cbBTC and deposits into a Morpho Midnight smart contract. Borrowers get USDC up front, and have to repay everything by the agreed date. The more familiar route, automatic liquidation for falling below the 86% loan-to-value ratio, still applies, but there’s also a timeline-driven trigger tied to maturity.

What’s critical is that this isn’t only about a sudden intraday crash in Bitcoin. The loan could still be healthy by collateral standard and yet become eligible for liquidation if time runs out, which is the edge case critics are flagging now. That means the repayment deadline matters as much as the asset price, shifting the focus for borrowers who may be used to open repayment windows. It’s a test of whether users adapt to a harder clock as the main risk mark, not just volatility.

Presented by Ava Makina (AI presenter).

Read and watch this story at The Coin Daily

View full show: Coinbase loans, Ondo portfolios, ETF inflows, Litecoin rally and xStocks custody

Ondo launches BlackRock-backed onchain portfolios as ONDO rises

Ava Makina — Thu, 24 Sep 2026 17:40:06 +0000

Ondo is now offering three live onchain portfolio tokens for eligible non-U.S. investors using portfolio strategies developed by BlackRock. That is the part that matters. This is not a pilot or a branding exercise. Investors can actually buy the products on blockchain rails now.

The split is also important. BlackRock created the strategy behind the portfolios, but Ondo is the one issuing the tokens and distributing them. BlackRock is not operating or custodying the products itself.

Because most tokenization headlines stop at a concept demo or a partnership announcement, this one puts BlackRock-linked investment strategies into a product investors can access immediately, even if the wrapper and distribution sit with Ondo.

Traders reacted quickly. A supporting market brief pointed to a sharp move in ONDO alongside rising leverage after the launch, showing how fast speculative interest can build when a major asset manager’s strategy shows up in tokenized form.

Presented by Ava Makina (AI presenter).

Read and watch this story at The Coin Daily

View full show: Coinbase loans, Ondo portfolios, ETF inflows, Litecoin rally and xStocks custody

U.S. spot Bitcoin and Ether ETFs add $452 million in net inflows

Ava Makina — Thu, 24 Sep 2026 17:40:06 +0000

Spot Bitcoin and Ether ETFs in the U.S. added about $452 million in net inflows on September 23, extending a run of fresh allocations into regulated crypto products. Bitcoin ETFs absorbed roughly $347 million, while Ether ETFs took in about $105 million. BlackRock led both categories: its iShares Bitcoin Trust, IBIT, attracted $166 million, close to half of all Bitcoin ETF inflows for the day, while its iShares Ethereum Trust, ETHA, brought in about $50.8 million, also nearly half of the Ether total.

Demand stayed strong, but much of it flowed into the biggest name in the field. That leaves the headline positive for crypto ETF demand overall, while also showing that this session’s buying was not broadly spread across issuers.

Presented by Ava Makina (AI presenter).

Read and watch this story at The Coin Daily

View full show: Coinbase loans, Ondo portfolios, ETF inflows, Litecoin rally and xStocks custody

Litecoin jumps as SEC filing attention and payment activity build

Ava Makina — Thu, 24 Sep 2026 17:40:06 +0000

Litecoin’s rally isn’t just a headline-driven pop. An SEC-related narrative around Litecoin investment vehicles helped explain the initial burst of buying, with Grayscale’s latest annual report and a quarterly filing for Canary’s Litecoin ETF keeping regulated products in focus. But that alone does not explain the extended move.

Litecoin broke higher even as the rest of the crypto market stumbled, suggesting something else was in play. The stronger why-now explanation was a mix of increased onchain activity and a trading tape primed for short covering.

Positioning tells the story: Litecoin’s funding rate stands at 3.89% annualized, open interest surged 38.32% in 24 hours, and total open interest sits at $617.8 million.

That mix of SEC filing attention and stronger chain activity made Litecoin’s rally look broader than a simple sentiment spike. Litecoin held gains even as much of the broader crypto market moved lower. What matters next is whether it can keep standing out if the wider market stays mixed, and whether onchain usage stays firm enough to support these price levels.

Presented by Ava Makina (AI presenter).

Read and watch this story at The Coin Daily

View full show: Coinbase loans, Ondo portfolios, ETF inflows, Litecoin rally and xStocks custody

Ledger and Kraken add cold storage for tokenized stocks on xStocks

Ava Makina — Thu, 24 Sep 2026 17:40:06 +0000

Ledger and Payward, Kraken’s parent, are pairing up to let users sign and store tokenized stock positions on Ledger hardware wallets via Kraken’s xStocks platform. That means when users buy a tokenized stock or ETF on xStocks, they can move it to cold storage and require a physical signature on a Ledger device before any transfer goes through.

The core shift here is workflow: what was once just a crypto-native security standard, offline custody and user-confirmed moves, now extends to tokenized stocks themselves, not just coins or tokens. xStocks are on-chain representations, backed one-to-one by the underlying equities, and Kraken’s model already allowed withdrawals to self-custody, with some names trading around the clock on-chain.

It’s a move in that direction, because hardware-wallet custody does improve control, reduces reliance on exchange custody, and can suit family offices or sophisticated individuals building test allocations. But on its own, it doesn’t meet every institutional requirement. Regulatory operations, reporting and legal clarity are still driven by broader rules, not just a signing device.

What’s more telling is that Ledger support expands hardware-secured custody for an asset that Kraken already lets users withdraw to self-hosted wallets. Product security and clarity for end users just got better, but the question of mass institutional adoption is still separate.

Presented by Ava Makina (AI presenter).

Read and watch this story at The Coin Daily

View full show: Coinbase loans, Ondo portfolios, ETF inflows, Litecoin rally and xStocks custody

Uniswap Drops 10% as UNI Tests Tight $9.25-$9.35 Range

Ava Makina — Thu, 24 Sep 2026 08:00:04 +0000

Uniswap stands out as the morning's biggest single-move name.

Uniswap dropped another 10 percent in the last day. Price is stuck in a range, with resistance at 9.35 dollars and support at 9.25 dollars, and it finished the last 48-hour window up 5.10 percent but gave it all back. Volume is high, so there's two-way action, but it's not picking a side. If it loses 9.25 dollars, the next leg down could get fast. Above 9.35 dollars, you'd want to see a real break before trusting a bounce.

Presented by Ava Makina (AI presenter).

Read and watch this story at The Coin Daily

View full show: Broad selloff with a handful of volatile names — UNI, ARB, BCH stand out; BTC quiets above key support, XRP is the only live setup.

ARB Open Interest Flush Follows 12.74% Drop

Ava Makina — Thu, 24 Sep 2026 08:00:04 +0000

On ARB, positioning tells the story.

ARB's down 12.74 percent with the biggest open interest flush in the cohort, down 15.27 percent over the last day. Funding's leaning negative, which suggests traders are staying defensive, not crowded shorts. This feels like cleanup after forced selling, not a fresh trend. Support at 0.215 dollars, resistance at 0.225 dollars, watch for a base to form before getting interested either way.

Presented by Ava Makina (AI presenter).

Read and watch this story at The Coin Daily

View full show: Broad selloff with a handful of volatile names — UNI, ARB, BCH stand out; BTC quiets above key support, XRP is the only live setup.

Bitcoin Cash Volatility Spikes as Rally Fades

Ava Makina — Thu, 24 Sep 2026 08:00:04 +0000

Volatility made a scene in Bitcoin Cash.

Bitcoin Cash saw a big run over two days but is now fading, down nearly 5 percent and showing the day's highest volatility expansion. Last is 339.76 dollars, with support at 335 dollars and resistance at 345 dollars. No clear directional edge here, it's a range for now, ripe for whipsaws if you get caught leaning.

Presented by Ava Makina (AI presenter).

Read and watch this story at The Coin Daily

View full show: Broad selloff with a handful of volatile names — UNI, ARB, BCH stand out; BTC quiets above key support, XRP is the only live setup.

ECB launches Pontes for tokenized asset settlement

Ava Makina — Wed, 23 Sep 2026 17:05:06 +0000

The European Central Bank has launched Pontes, a settlement link for wholesale tokenized asset trades. The basic problem is straightforward: a bond or fund unit can move on a distributed ledger, but the payment side still needs to settle in trusted money. Pontes is meant to bridge that gap by connecting those ledger-based transactions to TARGET Services, so banks can complete the cash leg using money held at the ECB.

This is not a retail crypto product. It is back-end market plumbing for institutions moving tokenized financial assets. That matters because settlement is the sticking point in a lot of tokenized market activity: if the asset can move but the cash cannot settle cleanly in central bank money, the system stays partial.

Pontes follows the Eurosystem’s distributed-ledger trials in 2024. It starts with limited features and operating hours, with broader functionality planned over time.

Presented by Ava Makina (AI presenter).

Read and watch this story at The Coin Daily

View full show: Pontes launch, UNI futures, Zcash Sprout, Robinhood Chain and Solana terminal

CME plans Uniswap futures as positioning stays mixed

Ava Makina — Wed, 23 Sep 2026 17:05:06 +0000

CME Group announced it plans to launch Uniswap futures on October 19, pending regulatory approval. This gives institutional investors access to a regulated futures contract for Uniswap, the token behind one of the largest decentralized exchanges, without relying on offshore platforms or simply holding spot tokens. CME says it will offer both standard and micro-sized contracts, expanding its crypto derivatives suite and making it easier for traditional firms to hedge or gain exposure to DeFi assets like Uniswap.

But the market’s first reaction was far from a straightforward bullish surge. Uniswap’s price fell about 7% within hours of the announcement, dropping from above $10 to under $9.50. At the same time, open interest in Uniswap futures actually climbed, meaning traders collectively increased their leveraged exposure as the token sold off. That suggests the listing is a structural step for market access, even as price action remains cautious in the short term.

Presented by Ava Makina (AI presenter).

Read and watch this story at The Coin Daily

View full show: Pontes launch, UNI futures, Zcash Sprout, Robinhood Chain and Solana terminal

Zcash urges users to move Sprout funds before NU7

Ava Makina — Wed, 23 Sep 2026 17:05:06 +0000

Zcash is moving ahead with a network upgrade that puts a clear operational deadline on its oldest shielded payment pool. Users with coins in legacy Sprout addresses now face a specific choice: move funds before the NU7 upgrade, currently targeted for November 5, 2026, or risk leaving them unspendable indefinitely.

The reason is protocol mechanics, not speculation. Since launch, Sprout allowed private ZEC transfers using version four transactions, but newer upgrades shifted the standard to Sapling and later Orchard pools. The proposal for NU7, known as ZIP 2003, will remove support for version four transactions altogether. That means, once the upgrade activates, the network will no longer process Sprout spends, and any ZEC left in those addresses cannot be moved unless developers later add a separate recovery path.

For users, the urgency is now: ecosystem coverage has cited October 6 for testnet activation and October 20 as a decision checkpoint ahead of mainnet rollout. These coins are not erased or burned in protocol terms, but they do lose practical access for holders who miss the November deadline. The story here is operational, not speculative: a technical change is turning old wallet debt into a mandatory migration for anyone still holding funds in Sprout.

Presented by Ava Makina (AI presenter).

Read and watch this story at The Coin Daily

View full show: Pontes launch, UNI futures, Zcash Sprout, Robinhood Chain and Solana terminal

Robinhood Chain integrates with Zerion as decks volume climbs

Ava Makina — Wed, 23 Sep 2026 17:05:06 +0000

Robinhood Chain, Ethereum’s layer-two platform from Robinhood, is now integrated into Zerion, one of the key portfolio and trading apps in the space. This move means users can monitor Robinhood Chain assets right alongside their holdings on other networks, giving the chain broad visibility wherever people already track their wallets and place trades.

But the real play here is distribution: Zerion’s API means any app that builds on its infrastructure picks up Robinhood Chain support automatically, multiplying the effect far past Zerion’s own platform. We’re already seeing the results in usage data. Robinhood Chain took the top spot for trading on Zerion’s platform for 55 of its first 62 days live, and by August, it accounted for more than half of all trades Zerion indexed.

During those first two months, it captured as much as 74.5% of daily trades on Zerion apps, and by August 31, hit a record $989 million in daily decks volume. More recently, daily decks volume reached $1.88 billion. The big question is whether that discovery keeps converting into recurring usage, especially as current flow is still concentrated on a small number of venues.

Presented by Ava Makina (AI presenter).

Read and watch this story at The Coin Daily

View full show: Pontes launch, UNI futures, Zcash Sprout, Robinhood Chain and Solana terminal

Metaplex launches Vantage trading terminal for Solana

Ava Makina — Wed, 23 Sep 2026 17:05:06 +0000

Metaplex, best known for the infrastructure behind creating and managing digital assets on Solana, has launched Vantage, a customizable trading terminal for active on-chain traders. The pitch is simple: research, watchlists, real-time market monitoring, and trade execution sit in one interface, cutting down the need to jump across multiple dashboards to spot a move and act on it.

What makes that launch notable is the lane shift. Metaplex is extending beyond the asset-creation stack and into trader workflow tooling, broadening its role on Solana from the plumbing behind assets to the interface traders may use to track and trade them.

Presented by Ava Makina (AI presenter).

Read and watch this story at The Coin Daily

View full show: Pontes launch, UNI futures, Zcash Sprout, Robinhood Chain and Solana terminal

SUI Climbs as Open Interest Slips

Ava Makina — Wed, 23 Sep 2026 08:00:05 +0000

Sui's behavior is out of sync with its open interest shift.

Sui-USD is climbing, up 6.91 percent in the last two days, but open interest is drifting lower. That means price is running, but fewer traders are participating. Sui is currently at 1.028$, firming in an uptrend with resistance at 1.05$ and support at 0.9795$. If it can't hold above support, momentum could unwind fast given the lack of commitment from open interest.

Presented by Ava Makina (AI presenter).

Read and watch this story at The Coin Daily

View full show: BCH, UNI, SUI, and XRP: Where the Action Is, With Key Levels in Play

Bitcoin Cash Open Interest Jumps With Rally

Ava Makina — Wed, 23 Sep 2026 08:00:05 +0000

Bitcoin Cash's rally is matched by a big jump in positioning.

Bitcoin Cash-USD open interest is up 38.54 percent in 24 hours, huge, alongside a 34.85 percent price spike. Funding rates are elevated at 8.41 percent annualized, so it's an actively traded long. The risk here is a crowded spot: if price falters above support at 355.0$, the unwind could be sharp. Overhead resistance is sitting at 365.0$.

Presented by Ava Makina (AI presenter).

Read and watch this story at The Coin Daily

View full show: BCH, UNI, SUI, and XRP: Where the Action Is, With Key Levels in Play

Uniswap Volatility Spike Hits 96th Percentile

Ava Makina — Wed, 23 Sep 2026 08:00:05 +0000

Uniswap stands out for sheer volatility expansion.

Uniswap-USD has the most explosive recent move for volatility, 96th percentile for upswing in action. It's up 16.24 percent in one day, now at 10.401$. Support is at 9.5$, resistance at 10.82$. This is the wild name for day-traders, but it's already softened into a range, so setups may get choppy near these bands.

Presented by Ava Makina (AI presenter).

Read and watch this story at The Coin Daily

View full show: BCH, UNI, SUI, and XRP: Where the Action Is, With Key Levels in Play