Daily Summary, 26 September

1 Oct, 2025
| Salome K

Bitcoin and the Market in General
* Bitcoin: Analysts at Glassnode note signs of exhaustion on the Bitcoin market.
* Fear and Greed Index: Collapsed to the mark of 28, indicating the prevalence of fear sentiments on the market.
* Futures on DEX: The aggregate volume of daily futures trading on decentralized exchanges grew to a record $87 billion.

Regulation and Traditional Finance
* Russia: The Central Bank of Russia and the Ministry of Internal Affairs proposed creating a system of “rehabilitation” for sellers of cryptocurrency who unjustly ended up on lists of suspicious operations.
* Great Britain: The country’s largest banks launched a pilot project on tokenized deposits in pounds, which will last until the middle of 2026.
* SWIFT: The international interbank system is working on the creation of its own stablecoin and a system of “on-chain messaging”.

Cryptocurrency Exchanges and IPO
* Kraken: The cryptocurrency exchange was valued at $15 billion within the framework of the latest funding round and plans to conduct an IPO in the USA.
* Private Placements (PIPE): In the crypto industry, such deals have become a popular way of quickly attracting capital, but often create pressure on the market.

Large Fund Movements and Incidents
* Ethereum Whale: An address, inactive since 2017, moved 200,000 ETH ($785 million). Another 736,316 ETH ($2.9 billion) remains on the account.
* Jeffrey Wilcke: The co-founder of Ethereum transferred 1,500 ETH ($6 million) to the Kraken exchange.
* Hypervault: The project’s developers conducted a scam, withdrawing funds of $3.6 million, with subsequent conversion to ETH and money laundering through Tornado Cash.
* Moscow: In “Moscow-City”, for three weeks, raids by law enforcement agencies against crypto exchangers have been taking place, with the seizure of equipment and large sums of cash.

Projects and Stablecoins
* Tron (TRX): Justin Sun controls more than 60% of the cryptocurrency’s emission (60 billion TRX).
* Northern Data: German police conducted a secret check of this large miner in the EU, which is supported by Tether.

* The Fund: Token-rounds with a 100% guarantee.