Actualités financières en direct

The MarketIV financial impact graph, in Python — news→market impact (why, who, direction, ripple) across stocks, commodities, FX, crypto, and private companies. A required part of this site couldnt load. This may be due …

The MarketIV financial impact graph, in Python — news→market impact (why, who, direction, ripple) across stocks, commodities, FX, crypto, and private companies. A required part of this site couldnt load. This may be due to a browser extension, network issues, or browser settings. Please check your connection, disable any ad blockers, or try using a diffe…

The Commodity Futures Trading Commission (CFTC) is proposing new crypto market regulations after the Clarity Act detonated in the Senate. The regulator’s proposed rules would establish requirements for CFTC-registered crypto exchanges, though CFTC Chairman …

The Commodity Futures Trading Commission (CFTC) is proposing new crypto market regulations after the Clarity Act detonated in the Senate. The regulator’s proposed rules would establish requirements for CFTC-registered crypto exchanges, though CFTC Chairman Michael Selig notes in a new Wall Street Journal Op-Ed that these regulations wouldn’t have the same impact as the Clarity Act. “Unlike the Clarity Act, these regulations wouldn’t require crypto assets to trade on CFTC-registered platforms. We don’t have the authority to impose such a requirement without Congressional action. However, the rules would establish a purpose-fit option for crypto-asset exchanges that wish to operate under a single federal market-regulatory scheme. Unlike state-licensed exchanges, these exchanges would be permitted to allow retail customers to trade on a margined, leveraged or financed basis. Such platforms are distinct from ordinary spot-trading venues and are squarely within the CFTC’s regulatory jurisdiction.” The CFTC says it is asking for public comment on ways to prevent abusive practices in crypto asset markets. The Clarity Act would have largely placed digital assets under the regulatory purview of the CFTC, an agency industry stakeholders believe is friendlier to the sector than the Securities and Exchange Commission (SEC). In September, the bill failed to reach the necessary 60-vote threshold on a cloture motion that would have allowed debate on the legislation to move forward. Follow us on X, Facebook and Telegram Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any assets including cryptocurrencies, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing. Generated Image: Midjourney

NVIDIA, Tesla, SpaceX, Microsoft, Amazon and Alphabet are among more than 60 prominent US stocks that could soon be available for 24/7 tokenized trading. OKXICE, the joint venture between crypto exchange OKX and the …

NVIDIA, Tesla, SpaceX, Microsoft, Amazon and Alphabet are among more than 60 prominent US stocks that could soon be available for 24/7 tokenized trading. OKXICE, the joint venture between crypto exchange OKX and the Intercontinental Exchange (ICE), filed with the US Securities and Exchange Commission (SEC) on Sunday, notifying the regulator of plans to launch a marketplace for investors to buy tokenized stocks. Former New York Governor Andrew Cuomo, OKXICE’s co-chair, says the firms plan to launch the trading venue under the SEC’s new “innovation exemption.” “This is a landmark step toward a truly global, 24/7 Wall Street — and toward keeping the future of digital finance anchored here in the United States. The digital asset revolution is already transforming our financial system. Tokenized securities are part of what comes next.” Cuomo has advised OKX on policy matters since 2022, including during the exchange’s $504 million settlement with the Department of Justice (DOJ) over anti-money-laundering violations. ICE, the parent company of the New York Stock Exchange (NYSE), has made a broad push into crypto infrastructure, including investments in OKX and the prediction market Polymarket, as well as its participation in stablecoin platform Circle’s $222 million Arc presale alongside BlackRock and Apollo. Follow us on X, Facebook and Telegram Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any assets including cryptocurrencies, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing. Generated Image: Midjourney

Rising inference bills from US providers are pushing startups and enterprises toward open models from DeepSeek, Moonshot AI, and Alibaba The AI arms race has a new front, and it is the invoice. Startups …

Rising inference bills from US providers are pushing startups and enterprises toward open models from DeepSeek, Moonshot AI, and Alibaba The AI arms race has a new front, and it is the invoice. Startups and enterprises are moving more of their workloads to lower-cost open models built by Chinese labs, Bloomberg reports, as pricing pressure from US providers squeezes budgets. Following the money, one token at a time The shift shows up clearly on OpenRouter, a platform developers use to access a wide range of AI models. Chinese models have taken more than 30% of weekly tokens on the platform every week since February 8, 2026. Tokens are the small chunks of text that AI models read and write, and providers bill by the token. So token share is a decent proxy for where the actual work, and the actual spending, is going. That share did not stay at 30%. It peaked at 67% by mid-September 2026, meaning Chinese models briefly handled roughly two of every three tokens moving through the platform. Price is the obvious driver. Chinese AI models reportedly cost 10 to 50 times less per token than US offerings, and in some cases prices run 90% lower. Advertisement Meanwhile, the US side of the ledger has been getting heavier. Usage-based pricing from OpenAI and Anthropic has driven sharp increases in enterprise AI costs, with reports of some bills climbing as much as 100x. Lindy goes all in, and bigger names hedge The clearest example is Lindy, an AI startup that moved entirely from Anthropic’s Claude models to DeepSeek’s V4 model in June 2026. The switch saved the company millions and cut its inference costs by approximately 90%. AI, tech, and the markets they move—in one daily briefing. Daily. Free. Join 34,000+ readers across crypto, finance, and policy. Email address Subscribe free We respect your privacy. Unsubscribe anytime. Lindy’s full switch is the dramatic version. Larger companies are taking a more measured approach, spreading work across several models instead of committing to one. DoorDash is using Moonshot AI’s Kimi. Airbnb is working with Alibaba’s Qwen. Coinbase, one of the largest US crypto exchanges, is using models including GLM-5.2. How chip limits shaped a pricing war The backdrop is US export controls on advanced chips, which restricted Chinese developers’ access to top-end hardware. Instead of stalling, Chinese labs responded by building more efficient models and pricing them aggressively. Labs like DeepSeek, Moonshot AI, and Alibaba have released open-weight models, meaning companies can download and run them rather than only renting access through an API. What this means for US AI providers and their customers For enterprise customers, the lesson is already clear: avoid lock-in. Companies like DoorDash, Airbnb, and Coinbase are building systems that can switch between models, which gives them leverage the next time a provider changes its pricing. There are risks on the other side too. Relying on Chinese models raises questions for some companies around geopolitics and regulatory exposure, especially as US-China tech tensions remain a live issue. Firms will have to weigh those concerns against savings that, in Lindy’s case, reached approximately 90%. The figure to watch is OpenRouter’s token share. It has stayed above 30% since February and touched 67% in mid-September.

ZCash has returned to the spotlight as privacy-focused cryptocurrencies attract fresh market interest. The recent rally has pushed the ZCash price higher and revived ambitious targets for ZEC▲$1,136.20. Some traders now discuss whether ZCash …

ZCash has returned to the spotlight as privacy-focused cryptocurrencies attract fresh market interest. The recent rally has pushed the ZCash price higher and revived ambitious targets for ZEC▲$1,136.20. Some traders now discuss whether ZCash $1,500 could become possible before the end of 2026. Read More: He Says His Binary Options Strategy Brings In $2,000 a Week—Watch Him Trade Live Such a move would require far more than short-term momentum. ZEC would need sustained demand, stronger liquidity, and favorable conditions across the broader crypto market. Technical levels will also matter because several resistance zones could determine whether the current rally develops into a larger trend. Related: Zcash NU7 Goes Live on Testnet as 25-Second Blocks Move Closer to Mainnet ZCash Price Surges: What Is Driving ZEC Higher? The latest ZCash price recovery reflects several factors working together. Privacy coins have regained attention while traders search for sectors showing independent strength. ZCash also benefits from renewed discussion around financial privacy and decentralized transactions. Stronger trading activity has amplified these narratives and attracted momentum-focused investors. However, the sustainability of the move will depend on whether demand remains elevated after the initial breakout phase. ZEC Gains Momentum as Demand for Privacy Coins Returns Privacy has become a stronger theme across the cryptocurrency market again. Users increasingly discuss the trade-off between transparent blockchains and financial confidentiality. That debate supports established privacy-focused networks such as ZCash. ZEC crypto offers optional privacy features through zero-knowledge technology. Users can choose between transparent and shielded transactions depending on their requirements. This structure gives ZCash a distinct position among older cryptocurrency networks. Renewed privacy demand does not automatically guarantee higher prices. Still, sector rotation can quickly benefit assets with recognizable narratives and limited available liquidity. ZCash Trading Volume and Market Activity Pick Up Trading volume represents one of the most important signals behind the current ZEC price rally. Rising volume suggests that the move involves more participants rather than isolated buying. Higher market activity can improve liquidity and attract additional traders. Increased participation also makes technical breakouts more important because more capital starts watching the same levels. Volume should remain elevated if the rally continues. A sharp decline in activity after a price spike could indicate weakening demand. Therefore, traders should compare future ZEC price movements with changes in trading volume. Why ZEC Is Outperforming Much of the Crypto Market ZCash can outperform the broader market when capital rotates toward smaller sectors. Privacy coins remain relatively concentrated compared with larger categories such as Layer-1 networks. This structure means even moderate inflows can produce significant price movements. ZEC also has a long trading history and widespread recognition among cryptocurrency investors. Another factor involves momentum. Once an asset begins outperforming, traders often move capital toward that strength. That process can temporarily push the ZCash price above broader market trends. Sustained outperformance requires more than speculation, however. Network activity and lasting demand eventually need to support the valuation. Can ZCash Reach $1,500 by the End of 2026? The question “Can ZCash reach $1,500?” has become relevant again after ZEC regained momentum. The target remains aggressive and requires substantial appreciation from lower price levels. However, cryptocurrency markets have produced similarly large moves during strong bull cycles. The real issue is whether market conditions can generate enough capital and demand to sustain such a valuation. How Much Would ZEC Need to Gain to Reach $1,500? The required percentage gain depends on the ZCash price today. At $500, ZEC would need a 200% increase to reach $1,500. From $750, the required gain falls to 100%. Starting price therefore matters enormously when evaluating a ZEC $1,500 target. A target can look unrealistic during a correction but considerably closer after several successful breakouts. Traders should also consider the path rather than only the final percentage. Large rallies rarely develop in a straight line. ZEC would probably face repeated resistance, corrections, and consolidation phases before approaching $1,500. What Market Cap Would ZCash Need at $1,500? Market capitalization provides another useful way to evaluate the ZCash $1,500 scenario. ZEC has a limited circulating supply compared with many newer tokens. At $1,500 per coin, the ZCash market capitalization would move into the tens of billions of dollars. That valuation would place ZEC among considerably larger cryptocurrency projects. Such a market cap is possible during a major crypto expansion. Nevertheless, ZCash would need substantial capital inflows to maintain it. Investors should therefore compare the potential valuation with competing privacy networks and established large-cap cryptocurrencies. Market capitalization gives better context than the token price alone. Is a $1,500 ZEC Price Realistic in the Current Market? A $1,500 ZEC price remains possible but would represent a bullish scenario rather than a conservative forecast. The current market must first support continued demand for higher-risk assets. ZCash also needs to overcome several technical resistance zones. Strong volume must accompany those breakouts to reduce the risk of false moves. Broader crypto conditions matter just as much. Bitcoin strength often improves liquidity across altcoins, while severe Bitcoin corrections usually create pressure elsewhere. Therefore, a ZCash price prediction of $1,500 requires multiple bullish factors to align. Investors should treat the target as a scenario rather than an expected outcome. ZEC Price Scenario What It Could Mean Key Conditions Bearish ZEC loses major support and gives back part of the recent rally Weak volume, broader crypto correction, stronger selling pressure Base ZCash consolidates inside a wide range after its strong move Stable demand, lower volatility, no decisive breakout Bullish ZEC breaks resistance and targets higher psychological levels Strong volume, higher highs, Bitcoin remains supportive Strong Bullish ZEC moves into four-digit territory Sustained privacy-coin demand, expanding liquidity, successful breakouts ZEC at $1,500 ZCash reaches the major bullish target discussed for 2026 Large capital inflows, strong market momentum, continued network interest This placement works well because the table summarizes the ZCash price prediction before the article moves into detailed technical levels. ZEC Price Analysis: The Key Levels to Watch Technical structure will become increasingly important as ZEC moves higher. The current ZCash price analysis focuses on resistance above the market and support below recent breakout zones. Each successful breakout could create a new range and encourage buyers to target higher levels. Failed breakouts would increase the probability of consolidation or a deeper correction. Related: Zcash Just Hit $1,180: Is Wall Street Turning Privacy Coins Into the Next Crypto Trade? The Resistance Level ZCash Needs to Break The first major resistance lies around the nearest recent swing high. This zone represents an area where previous buyers may decide to take profits. Repeated tests can weaken resistance if sellers gradually lose control. However, several failed attempts often create short-term exhaustion. A convincing breakout should ideally occur with expanding trading volume. Price alone can move above resistance briefly before returning below the level. Weekly closes provide stronger confirmation than short intraday spikes. Holding above resistance would strengthen the bullish ZEC price analysis significantly. The Next ZEC Price Target Above Resistance Once ZEC establishes support above the current resistance area, traders can begin watching the next psychological zones. Round numbers frequently attract attention during fast cryptocurrency rallies. Previous historical trading ranges may also influence future targets. Areas with significant past activity can become resistance when price revisits them. A larger breakout could shift attention toward four-digit ZEC price targets. However, the market would probably encounter intermediate barriers before approaching $1,500. Strong trends often create shallow pullbacks between these levels. Weakening volume would make each new target less reliable. Key Support Levels If ZEC Pulls Back Support becomes particularly important after a rapid rally. The first area to watch usually sits near the previous breakout zone. Former resistance can become support when buyers successfully defend it. That behavior would indicate that the market accepts higher ZCash price levels. A deeper correction could target previous consolidation ranges. Losing those areas would weaken the bullish structure and delay ambitious ZEC price targets. Traders should avoid assuming every pullback signals a trend reversal. Healthy rallies frequently include substantial corrections before continuing upward. Despite the drop in $ZEC, whales are still accumulating! Two wallets, likely belonging to the same whale, withdrew 24,706 $ZEC ($28.17M) from #Binance and #Gate over the past month at an average price of $1,140.https://t.co/SgBnlp7VHHhttps://t.co/di4j6tOn6f pic.twitter.com/7sZMCPA65U — Lookonchain (@lookonchain) September 30, 2026 What Could Push ZCash Toward $1,500? Reaching ZCash $1,500 would require a combination of sector demand, stronger network relevance, and favorable macro conditions. Technical momentum alone would probably not support such a large move for long. Several fundamental catalysts could help ZEC maintain demand during the remainder of 2026. Growing Demand for Privacy-Focused Cryptocurrencies Privacy remains one of the clearest potential catalysts for ZCash crypto. Public blockchains allow anyone to inspect transaction histories and wallet balances. That transparency works well for auditing but creates challenges for financial confidentiality. Individuals and businesses may prefer greater transaction privacy in specific situations. Growing awareness of blockchain surveillance could increase interest in privacy-focused networks. ZCash stands among the most established projects addressing that demand. A broader privacy-coin rally would likely improve liquidity across the sector. ZEC could benefit significantly because of its recognizable brand and existing infrastructure. ZCash Adoption and Network Activity Price momentum becomes more sustainable when network usage grows alongside market speculation. Rising shielded activity could strengthen the fundamental case for Zcash. Developer engagement also matters because improved wallets and applications can make privacy technology easier to use. Technical complexity remains an obstacle for many cryptocurrency users. Related: Privacy Coins Crush Crypto Market With 213% Surge as Zcash and Monero Break Away Greater integration with exchanges, wallets, and payment infrastructure could support adoption. Each improvement expands the number of potential ZEC users. Network growth would not automatically produce a $1,500 ZEC price. However, stronger usage could make higher valuations easier to justify. Bitcoin and the Broader Crypto Market Could Drive ZEC Higher Bitcoin often determines the amount of risk investors accept across cryptocurrency markets. A strong Bitcoin trend can eventually push capital toward smaller assets. Altcoins frequently perform best after Bitcoin establishes a stable bullish structure. Investors then search for sectors with higher potential returns. ZCash could benefit from that rotation if privacy coins remain popular. Rising total crypto market capitalization would provide additional liquidity for speculative assets. A major Bitcoin correction would create the opposite effect. Even strong ZEC fundamentals might struggle against broad market deleveraging. What Could Stop ZEC From Reaching $1,500? Every aggressive ZCash price prediction needs to consider downside risks. Rapid gains can attract new buyers, but they also create larger unrealized profits. Liquidity conditions can change quickly when traders begin taking those profits. Regulatory uncertainty adds another challenge because privacy coins receive greater scrutiny than many other digital assets. Profit-Taking After ZCash’s Strong Rally Strong rallies naturally create pressure from early buyers who want to lock in gains. The faster ZEC rises, the larger that potential selling pressure becomes. Profit-taking does not necessarily end a bull trend. Controlled corrections can reset leverage and create healthier market conditions. Problems emerge when selling volume becomes significantly stronger than buying demand. Such a shift can turn a normal pullback into a deeper reversal. Investors should therefore watch how ZEC reacts after strong daily gains. Stable consolidation would look healthier than repeated sharp sell-offs. ZEC Volatility and Liquidity Risks ZEC trades with less liquidity than Bitcoin and several large-cap altcoins. Lower liquidity can amplify both upward and downward price movements. Large market orders may produce greater price impact during volatile periods. Liquidations can further accelerate moves when traders use excessive leverage. This structure makes ambitious ZEC price targets possible during bullish conditions. However, it also makes corrections potentially severe. Anyone following a ZEC price prediction should account for this volatility. A bullish long-term thesis does not eliminate short-term drawdown risk. Regulatory Pressure on Privacy Coins Remains a Risk Privacy cryptocurrencies face unique regulatory challenges. Authorities often focus on the potential use of enhanced transaction privacy for illicit finance. Exchanges may respond to regulatory uncertainty by limiting access to certain assets. Reduced availability could hurt liquidity and restrict demand. ZCash has features that distinguish it from privacy-by-default alternatives. Nevertheless, the broader regulatory debate still affects market sentiment toward ZEC. Clearer regulation could reduce uncertainty over time. Until then, policy developments remain an important risk for any ZCash forecast 2026. ZCash Price Scenarios for the Rest of 2026 A useful ZEC forecast 2026 should consider multiple outcomes instead of relying on one fixed target. Market structure can change quickly, especially after large rallies. Three scenarios provide a more balanced framework for evaluating the rest of the year. Bullish Scenario: ZEC Breaks Through Key Resistance The bullish scenario requires ZEC to break major resistance with strong volume. Buyers would then need to defend the breakout during subsequent pullbacks. Successful confirmation could attract trend-following capital and increase speculative interest. Higher highs and higher lows would strengthen the technical structure. Under those conditions, four-digit ZEC price targets could gradually become more realistic. Continued Bitcoin strength would provide additional support. A move toward $1,500 would still require another major expansion. However, repeated breakouts could eventually put that target within reach. Base Scenario: ZCash Consolidates After the Rally The base scenario assumes the recent rally loses momentum without collapsing. ZEC could then trade within a broad range for several weeks. Consolidation would allow previous gains to settle while traders reassess valuation. Falling volatility could also create a stronger foundation for another breakout. This outcome would not invalidate the bullish ZCash price prediction. Instead, it could delay the move toward higher targets. Sideways markets often frustrate short-term traders. Longer consolidation periods can nevertheless improve future breakout quality. Related: ZEC Crypto Price Is Surging: Why Zcash Could Be the Biggest Privacy Coin Comeback of 2026 Bearish Scenario: ZEC Loses Its Key Support The bearish scenario develops if ZEC loses important breakout support. Such a move could trigger profit-taking and increase selling pressure. Lower highs would provide another warning sign. Declining volume during rebounds could confirm weakening demand. A broader crypto correction would increase this risk considerably. Privacy-coin momentum alone may not protect ZEC from a severe market downturn. In that environment, the ZCash $1,500 target would likely move further away. Traders would then focus on identifying a new accumulation zone. ZCash to $1,500: What Needs to Happen Next? The route toward ZEC $1,500 depends on several measurable developments. Price must continue forming bullish structures while trading activity remains strong. ZCash also needs broader market support and continued interest in privacy-focused cryptocurrencies. Watching these conditions can provide a more useful framework than focusing exclusively on the final target. The Price Levels That Could Confirm a Larger Rally The first confirmation would come from a clean breakout above recent resistance. Holding that area afterward would indicate stronger market acceptance. Additional confirmation would require ZEC to establish another higher high. A sequence of higher lows would further strengthen the bullish structure. Psychological price levels will become more important as ZEC advances. Markets often pause when approaching large round numbers. Reaching four-digit prices would dramatically change sentiment around ZCash. At that stage, a ZEC price target of $1,500 would appear considerably less distant. Why Volume Could Be More Important Than Momentum Momentum attracts attention, but volume helps determine whether buyers can sustain a trend. Strong price gains with declining volume often signal weakening participation. Rising volume during breakouts provides better confirmation. It shows that new capital supports the higher valuation. Corrections should ideally occur on lower volume. That pattern suggests sellers have less conviction than buyers. For this reason, future ZEC price analysis should focus heavily on participation. Volume may provide a clearer signal than short-term percentage gains. Can ZEC Reach $1,500 Before the End of 2026? Yes, ZEC could reach $1,500 before the end of 2026, but the target requires strongly bullish conditions. The move would need sustained buying pressure rather than a short speculative spike. Privacy demand could support the narrative. Strong Bitcoin performance and rising altcoin liquidity would improve the probability further. ZCash must also avoid major regulatory setbacks while maintaining strong market activity. Several technical resistance levels would need to become support. Therefore, the ZCash forecast for 2026 remains highly dependent on market structure. A $1,500 target is possible, but it represents an aggressive bullish scenario.

Bitcoin (BTC-USD) opened at $85,750.58 on Tuesday, October 6, 2026, down 0.8% from Monday's open. As of 7:27 a.m. ET this morning, bitcoin rose significantly to $86,229.19. Ethereum (ETH-USD) opened at $2,709.90 on Tuesday, …

Bitcoin (BTC-USD) opened at $85,750.58 on Tuesday, October 6, 2026, down 0.8% from Monday's open. As of 7:27 a.m. ET this morning, bitcoin rose significantly to $86,229.19. Ethereum (ETH-USD) opened at $2,709.90 on Tuesday, October 6, 2026, down 0.6% compared… Bitcoin (BTC-USD) opened at $85,750.58 on Tuesday, October 6, 2026, down 0.8% from Monday's open. As of 7:27 a.m. ET this morning, bitcoin rose significantly to $86,229.19.Ethereum (ETH-USD) opened a…

The liquid staking protocol is tapping Ethena's stablecoin-as-a-service platform to issue a branded dollar token. Ether.fi wants its own dollar. The liquid staking protocol will launch a branded stablecoin built on Ethena’s Whitelabel infrastructure, …

The liquid staking protocol is tapping Ethena's stablecoin-as-a-service platform to issue a branded dollar token. Ether.fi wants its own dollar. The liquid staking protocol will launch a branded stablecoin built on Ethena’s Whitelabel infrastructure, joining a growing list of crypto projects that would rather mint their own digital dollars than rent someone else’s. How the Ethena whitelabel arrangement works Ethena’s Whitelabel Stablecoin-as-a-Service platform lets a protocol issue and manage a dollar-denominated token under its own name. Ethena handles the heavy machinery behind the scenes. That machinery covers issuance, backing management, custody, reserves and liquidity integrations. Ether.fi gets the brand and the user relationship, while Ethena runs the plumbing that keeps the token pegged and redeemable. The arrangement also lets Ether.fi share in the revenue the stablecoin generates. Ether.fi has not yet confirmed the stablecoin’s name, launch timeline or backing mix. The economic features, including how revenue will be split, have also not been disclosed. Advertisement A platform with a track record, sort of Ethena’s Whitelabel platform gained public traction around September 2025. It has already been used to deploy branded stablecoins for other projects. Jupiter launched jupUSD on Solana through the service. MegaETH rolled out USDm the same way. Ethena offers two main backing options. The first is USDe, its synthetic dollar, which currently has a supply of approximately $4.9 billion. The news moving money, markets, and the world—before your day starts. Daily. Free. Join 34,000+ readers across crypto, finance, and policy. Email address Subscribe free We respect your privacy. Unsubscribe anytime. That figure is well off USDe’s high-water mark. Supply peaked at around $14.8 billion in 2025. The second option is USDtb, a stablecoin Ethena describes as GENIUS-compliant. USDtb is backed by traditional assets such as US dollars and draws on strategic partnerships, including ties with BlackRock for liquidity. Not the first Ether.fi and Ethena collaboration The two protocols have worked together before. In September 2024, they announced a partnership that let users deposit USDe on Ether.fi in exchange for liquid restaking tokens. That earlier deal was about plugging Ethena’s dollar into Ether.fi’s staking products. This new one goes further by putting Ethena’s infrastructure underneath a dollar that carries Ether.fi’s name. The move fits a broader shift at Ether.fi. The protocol built its reputation in liquid staking, but it has been expanding into neobank-style products. What this means for Ether.fi, Ethena and the stablecoin market For Ether.fi, a branded stablecoin is about keeping value inside its own ecosystem. A tailored dollar asset could tie together staking, DeFi activity and its consumer-facing financial services under one roof. For Ethena, every new whitelabel client expands the reach of its backing assets. If Ether.fi’s stablecoin leans on USDe or USDtb, it creates fresh demand for Ethena’s core products at a time when USDe supply sits far below its 2025 peak. Synthetic dollars like USDe have their own mechanics and stress points, which differ from those of fully fiat-backed tokens. How Ether.fi chooses to weight USDe versus USDtb will shape the risk profile its users actually take on. As jupUSD, USDm and now an Ether.fi dollar enter the market, liquidity could end up spread across many similar tokens rather than pooled in a few deep ones. The key details to watch are the token’s name, its backing composition, its launch date and how revenue gets divided between the two protocols.

The 'No Betting on Your Own Race Act' would impose a minimum $10,000 civil penalty on federal candidates who trade on prediction markets tied to their own races. US Rep. Don Davis (D-N.C.) introduced …

The 'No Betting on Your Own Race Act' would impose a minimum $10,000 civil penalty on federal candidates who trade on prediction markets tied to their own races. US Rep. Don Davis (D-N.C.) introduced the “No Betting on Your Own Race Act” on October 5, 2026, targeting a gap in existing ethics rules that has grown more visible as political prediction markets have moved from novelty to mainstream. The bill would prohibit federal candidates and their immediate family members from trading on any prediction market tied to their own elections. Violations would carry a civil penalty of $10,000 per infraction, or three times the net financial gain from the trade, whichever turns out to be larger. What sparked the legislation Davis did not introduce this bill in a vacuum. The direct trigger was a case involving his own Republican opponent, Laurie Buckhout, who settled with prediction market platform Kalshi in August 2026 after trading contracts linked to her own candidacy. Advertisement The Kalshi settlement cost Buckhout approximately $2,600 and came with a three-year suspension from the platform. That penalty, by most standards, is not exactly a deterrent sized to match the seriousness of the offense. The case also illustrated a basic structural problem: the rules that currently exist are voluntary. Kalshi and other prediction market platforms have their own bans on candidates self-trading, but those are platform policies, not law. A platform ban means a settlement and a suspension. A federal law means something with real teeth. The news moving money, markets, and the world—before your day starts. Daily. Free. Join 34,000+ readers across crypto, finance, and policy. Email address Subscribe free We respect your privacy. Unsubscribe anytime. The regulatory landscape prediction markets now inhabit An earlier Senate resolution attempted to address related concerns, but it only covered sitting senators and their staff. Davis’s bill is designed to fill that gap, extending the prohibition to all federal candidates and their families, not just those already holding office. The distinction matters because candidates who are not yet in office are also not yet subject to the same ethics frameworks that govern sitting members of Congress. A challenger running against an incumbent operates in a thinner regulatory environment, which is precisely where the Buckhout situation unfolded. Passage prospects and what the industry is watching Congress’s schedule between now and the November 2026 elections leaves limited room for new legislation to advance, and the “No Betting on Your Own Race Act” does not appear to have the kind of bipartisan momentum that tends to accelerate passage. For prediction market platforms, the bill is largely a formalization of rules they have already adopted voluntarily. Kalshi’s own policies already prohibit candidates from trading on their races, which is why Buckhout’s case ended in a settlement rather than being treated as acceptable conduct.

The $3.3 trillion asset manager keeps building exposure to the Bitcoin-heavy company through more than one of its funds Capital Group’s Growth ETF has bought another 535,304 shares of Strategy Inc., the company formerly …

The $3.3 trillion asset manager keeps building exposure to the Bitcoin-heavy company through more than one of its funds Capital Group’s Growth ETF has bought another 535,304 shares of Strategy Inc., the company formerly known as MicroStrategy. The fund now holds 2.19 million shares in total. Depending on where the stock traded at the time of each filing, that stake is estimated at somewhere between $336 million and $366 million. For a firm overseeing approximately $3.3 trillion, that may sound like pocket change. The details of the buy The purchase came through the Capital Group Growth ETF, which trades under the ticker CGGR. Disclosures place the buying in mid-2026. CGGR is also not the only Capital Group vehicle with an appetite for the stock. In April 2026, another Capital Group fund, ANCFX, added 4.32 million Strategy shares for roughly $747 million. Advertisement That purchase lifted ANCFX’s holding to about 10.33 million shares. The research puts the value of that stake at around $1.78 billion. Why Strategy, and why now Strategy is not a typical software company anymore. It operates as a leveraged vehicle for Bitcoin, holding hundreds of thousands of coins on its balance sheet. The news moving money, markets, and the world—before your day starts. Daily. Free. Join 34,000+ readers across crypto, finance, and policy. Email address Subscribe free We respect your privacy. Unsubscribe anytime. Strategy has financed those purchases primarily by issuing equity and convertible notes. Convertible notes are bonds that can turn into stock later, so investors lend money now with an option to become shareholders down the road. For a traditional fund manager, that structure has an obvious appeal. Buying Strategy shares delivers Bitcoin exposure through a regulated stock exchange. There are no wallets to secure, no private keys to lose and no awkward conversations with compliance about custody providers. As of June 30, 2026, institutional ownership of Strategy stood at about 61.55%. Capital International Investors, part of the broader Capital Group family, ranks among the largest of those institutional holders. What this means for investors and the market Institutional buying of MSTR has historically coincided with positive movement in the stock, according to the research. That history comes with a caveat. Past correlation is not a guarantee, and Strategy’s share price remains heavily dependent on what Bitcoin does next. With institutions owning roughly 61.55% of the company, a meaningful chunk of the shareholder base consists of professional money managers. That can provide stability when sentiment is strong. It can also amplify moves if several large holders decide to trim at once. Because Strategy funds its Bitcoin purchases with equity and convertible debt, its shares can behave like a magnified version of the underlying asset. Funds buying in are effectively accepting that amplification, in both directions. The value range on CGGR’s stake makes that point neatly. The same 2.19 million shares were worth $336 million in one snapshot and $366 million in another.

The financing is an extension of its March round, when Intercontinental Exchange invested $200 million at the same valuation. OKX has secured fresh funding at a $25 billion valuation from Qube Research & Technologies …

The financing is an extension of its March round, when Intercontinental Exchange invested $200 million at the same valuation. OKX has secured fresh funding at a $25 billion valuation from Qube Research & Technologies (QRT), a global quantitative hedge-fund manager, alongside existing investors Circle, Ripple and Standard Chartered’s SC Ventures, the exchange said Tuesday. OKB, OKX’s native token, rose about 6% to $138 on news of the extension, CoinGecko data shows. The round maintains the $25 billion valuation set in March, when NYSE parent company Intercontinental Exchange invested $200 million in the platform. Advertisement “QRT’s investment reflects our confidence in OKX and the long-term growth of digital assets and 24/7 markets,” Thomas Eaton, Quantitative Trading Director at QRT, stated. OKX said the latest capital gives it deeper ties to the infrastructure behind stablecoins, institutional trading, payments and tokenized assets and supports its expansion into real-world asset tokenization and other onchain financial services. The four investors already have commercial relationships with OKX. “For any meaningful institutional engagement in the context of digital assets, we need trustworthy infrastructure from the outset, including and not limited to institutional grade custody. Our partnership with OKX reflects the importance of such infrastructure in enabling the onchain economy,” Alex Manson, CEO of SC Ventures, said. “We didn’t raise capital because we needed it. We chose to bring in strategic partners who share our long-term vision for stablecoins, payments, institutional markets, and the next generation of financial infrastructure,” OKX CEO Star Xu commented on the news. The funding comes as traditional financial firms are increasingly working with crypto platforms on new market infrastructure. The news moving money, markets, and the world—before your day starts. Daily. Free. Join 34,000+ readers across crypto, finance, and policy. Email address Subscribe free We respect your privacy. Unsubscribe anytime. Following ICE’s investment in OKX, the companies developed OKXICE LLC, a joint venture focused on tokenized stock trading. OKXICE said it is seeking approval to offer tokenized stocks representing 63 US public companies, including NVIDIA, Apple and Tesla, under the SEC’s five-year innovation exemption. The exemption allows tokenized stocks to trade in the US if they provide rights equivalent to those of traditional shares. This article has been updated with comments from OKX’s investors.