Dunamu, the parent company of Upbit, has filed trademark applications for “GIWA”, reviving speculation about a new blockchain connected to the exchange. A public countdown and reporting from news media indicate a possible announcement at the Upbit D Conference (UDC) on September 9, 2025, in Seoul. The development could influence developers, listers, and regulators across the crypto market.
Author: liam
liam
Liam writes about Web3 and decentralized finance, focusing on how protocols, applications, and governance models are used in practice. His coverage centers on real adoption, integration, and the mechanics behind decentralized systems.Market developments and regulatory context are part of his reporting when they intersect with Web3 or DeFi activity.
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The wallet was quiet for thirteen years. It became active – it completed a transfer of 479 BTC, which was 52 million dollars based on exchange rates then. On-chain trackers found the operation, and outlets, such as Yahoo Finance, reported about it. This starts discussion about old wallets and their effect on liquid supply and financial control.
XRP trades near 2.82 USD. Pressure between buyers and sellers prepares for a short squeeze. Mixed technical signs and many short positions in derivatives set up a situation where a quick rise might make shorts buy, which speeds up a sharp increase.
Kraken completed its purchase of Breakout, a platform that gives capital to traders. Through this deal, Kraken now has a wider product range and a greater amount of trade. The purchase aligns with Kraken’s plans, which according to reports, include raising capital before an IPO plus perhaps a public listing later.
Ondo Finance launched Ondo Global Markets to let people use tokenized forms of over 100 U.S. stocks and ETFs on Ethereum. Investors outside the United States get 24/7 trading, with on-chain fractionalization and access from self-custody wallets. This rollout moves traditional instruments to on-chain markets and broadens participation.
The U.S. Commodity Futures Trading Commission (CFTC) allowed Polymarket to run in the U.S. market through QCX, an exchange and clearinghouse with a federal license. That decision includes a temporary no action letter – it allows integrating clearing infrastructure opening a regulated path for prediction markets.
Bitcoin has gone above $112,000. That action confirms buying pressure in the short term. The movement happens with high volumes and technical signals that show a bullish continuation.
An American Bitcoin mining firm with ties to the Trump family jumped nearly 60% in early trading after its Nasdaq debut, triggering a temporary halt amid extreme volatility. The company simultaneously unveiled plans for an at-the-market share sale of up to $2.1 billion to capture demand and fund mining expansion. The debut underscores strong appetite for public vehicles offering Bitcoin exposure while highlighting the risks of speculative flows.
Michael Novogratz, a CEO at Galaxy Digital, thinks that artificial intelligence (AI) agents will become the main users of stablecoins. This will cause automated transactions and programmable money. Galaxy Digital directs funds toward good data centers to place itself in the structures that this self governing economy will need.
A sustained increase in Bitcoin spot trading volume and net deposits to institutional custodians may cause a bullish breakout that could move BTC toward $119,000. The main signal is greater spot buying. This combines with a supply on exchanges at very low levels, but derivatives market behavior but also September seasonality keep the scenario subject to sharp price drops.
