🚀✨ Crypto News of the Week (24 Sept – 2 Oct 2025) ✨🚀
📊 Market Updates
💰 Bitcoin reached about $119,000, its strongest level in weeks, supported by large inflows from institutional wallets.
📈 Ethereum, XRP, Solana and Dogecoin gained 4–7%, riding the wave of renewed optimism.
⚡ Still, volatility remained high with more than $1.7B liquidations earlier in the week reminding traders of market risks.
⛏️ Mining companies saw growth in September as investors welcomed consolidation and efficiency improvements.
🏛️ Regulation & Policy
📜 The SEC issued a rare no-action letter to a crypto startup, interpreted as a sign of a more constructive approach to innovation.
📊 Sixteen crypto ETF applications are now under review, with decisions expected through October — potentially covering Bitcoin and popular altcoins.
💼 The U.S. government shutdown has temporarily reduced staffing at financial regulators, slowing some oversight functions.
💵 Tether announced a new stablecoin USA₮, designed with upcoming U.S. regulations in mind.
🔐 Security & Oversight
🔎 A Japanese crypto services firm reported an incident involving digital assets, estimated at about $21M, currently under investigation.
🗳️ Politics & Industry
🏦 The White House withdrew nominees for key financial posts, keeping regulatory leadership uncertain.
🧑🤝🧑 Industry leaders’ growing ties to U.S. political movements sparked debate about the future role of crypto in policy.
🇺🇸 Donald Trump Jr noted that the rapid growth of stablecoins is reinforcing the U.S. dollar’s global role.
🤣 Fun Fact
A well-known athlete’s social media account was briefly misused to promote a fake token — showing how crypto news sometimes crosses into the world of sports entertainment.
💡 Stay informed and trade with confidence together with NordFX
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