Jupiter, the DeFi aggregator on Solana, will build JupUSD as a native stablecoin set to launch in Q4 2025. Ethena Labs will provide the first backing via its USDtb token. And potentially redirecting significant liquidity within Solana. The initiative could affect lending protocols and draw institutional investors by placing a stable asset at the core of Jupiter’s stack.
Author: chloe
chloe
Bitcoin, Ethereum, and Layer 1 infrastructure are at the center of Chloe’s coverage. She follows protocol upgrades, network changes, and technical decisions that affect how major blockchains evolve over time, with particular attention to long-term reliability and adoption. When relevant, she also tracks regulatory developments and market reactions tied to core blockchain systems.
The October surge nicknamed “Uptober” pulled liquidity toward altcoins and delivered sharp, double-digit moves for Zcash, Mantle, and the memecoin SPX6900. Zcash doubled in a week after a 76% one-day jump, Mantle saw high volumes after new product releases, and SPX6900 reached a market value above $1.15 billion.
Kerrisdale Capital singled out Bitmine Immersion Technologies (BMNR) in a public short report after the company Tom Lee steers shifted from Bitcoin mining to hoarding Ethereum. The report questions whether the “Ethereum treasury strategy” can last, and the share price dropped at once. Owners of the stock, heavy ETH holders and traders who judge balance sheets by crypto reserves all took notice.
The price of Bitcoin (BTC) experienced a notable drop this Wednesday, October 8, under pressure from an adverse macroeconomic environment. The main cause of uncertainty was the Japanese bond yields, which reached their highest level in 17 years. This movement, according to analysts at Mizuho Securities, is diverting capital from risk assets to safer and more profitable options in the traditional market.
Gemini’s debut on September 12, 2025 sparked an initial pop before a swift reversal. Shares fell below the $28 offer price within days, prompting investors, regulators, and clients to question the firm’s value and its ability to stay in business. The reaction suggests that brand endorsements could not overcome concern about losses and lingering regulatory issues.
The Filecoin token dropped 4 % on 7 October 2025, slicing through $2.39, $2.37 and $2.36 while posting a record intraminute volume of 530.000 FIL. The selloff hit both institutional and retail wallets and, if it persists, will shrink the reward for storage providers plus push some offline. The event touches every FIL holder, every storage miner and every fund that tracks decentralized infrastructure.
Deutsche Bank predicts that Bitcoin will sit in several central bank vaults before 2030, labeling the coin a “cornerstone of financial security.” Such a shift would alter the mix of sovereign assets and force reserve desks, capital markets and supervisors to adjust. The bank points to growing institutional interest as momentum builds behind the asset.
The Shiba Inu price recovery (SHIB) appears to be gaining momentum, supported by a significant increase in the creation of new wallets on its network. This phenomenon, not seen in nearly two and a half months, suggests renewed investor confidence. Data from the analytics platform Santiment confirms that interest in the ecosystem is growing notably, which could be key to its future valuation.
The cryptocurrency market is experiencing a notable rally this Tuesday, October 7th. The surge was driven by statements from Federal Reserve Chair Jerome Powell about a new approach to the regulation of digital assets in the U.S., generating immediate optimism among investors
Dubai’s Virtual Assets Regulatory Authority (VARA) has imposed significant fines on a total of 19 unlicensed crypto firms in Dubai. This action comes in an effort to strengthen the emirate’s regulatory framework. VARA’s Enforcement Division confirmed the move, emphasizing that unlicensed activity will not be tolerated within the jurisdiction. The measure aims to ensure transparency and protect investors.