according to the American ETF provider REX SharesREXShare, the first batch of American ETFs providing XRP and DOGE spot exposure, issued in collaboration with Osprey Funds, will be listed on CBOE on September 18, providing investors with a way to invest in these digital assets through an ETF structure. It is worth noting that the REX-Osprey DOGE ETF and XRP ETF are not typical spot ETFs, as they do not directly hold all DOGE and XRP tokens, but also hold other assets such as cash, US Treasury bonds, and even other ETFs. The approval process for such products is completely different, as they do not require explicit approval from the US SEC and automatically take effect 75 days after application. According to the documents submitted to the SEC by REX-Osprey, these two ETFs will invest at least 80% of their net assets in reference assets and other assets providing exposure to reference assets, with at least 40% of assets directly invested in other ETFs and ETP shares, including non-US ETPs.

market news: Bitcoin mining company Hut 8 will develop four new sites with a total installed capacity exceeding 1.5 gigawatts.

Ubyx, a stablecoin startup founded by former Citigroup executive Tony McLaughlin, has completed a $10 million seed round of financing led by Galaxy Ventures, with participation from Founders Fund, Coinbase Ventures, Paxos, and VanEck. The company is dedicated to building a clearing system that connects stablecoin issuers with banks and financial technology companies to address interoperability issues in payment scenarios.

The release of 1 billion XRP by Ripple on April 3, 2025, was delayed by two days from the usual schedule, sparking questions and speculation in the market. Ripple has been following a release program since 2017, where one billion XRP is gradually released on the first day of each month to maintain liquidity on cryptocurrency exchanges. Traditionally, around two-thirds of the released coins are placed back into escrow. However, there have been recent changes in the timing and approach of the releases, with 700 million XRP being locked back into escrow before the recent release. This alteration in the schedule has raised concerns in the crypto world about Ripple's token release strategy. The XRP community reacted strongly to the news of the release, with many expressing surprise at the size and timing of the release. The release of such a significant amount of XRP, valued at over $1 billion, has raised questions about its impact on the market and speculation about Ripple's intentions and future plans for the cryptocurrency. Ripple's monthly releases of XRP are closely monitored by the crypto community for any further changes in the company's release strategy, as these could have significant implications for XRP's price and its role in the broader cryptocurrency market.

 American large-scale model company Anthropic announced that it will stop selling Claude services to most groups with majority ownership by Chinese capital, covering enterprises in mainland China and those indirectly using overseas registration or cloud services.

 Binance founder CZ posted on social media "Cryptocurrency markets are volatile." It is worth noting that this latest tweet was retweeted from CZ's tweet of the same content on January 19th this year, "Cryptocurrencies are highly volatile (this volatility can be both a risk and an opportunity.)", but with slight differences.

On March 27th, according to Fortune, SEC Chairman nominee Paul Atkins holds up to $6 million in crypto-related assets, including $1 million in equity in crypto custody company Anchorage Digital and tokenization company Securitize. Atkins reported that he holds up to $5 million in shares in crypto investment firm Off the Chain Capital, where he is a limited partner. Off the Chain's investments include private shares in large crypto companies such as Digital Currency Group (DCG) and Kraken.

according to Cointelegraph, data shows that in the past 365 days, the total market value of the cryptocurrency market has increased by $1.91 trillion.

market shows that BTC has fallen below $110,000, now reported at $109,988.17, with a 24-hour decline of 1.03%. The market fluctuates greatly, so please be prepared for risk control.

Binance is expected to suspend the token deposit and withdrawal services of THORChain (RUNE) network at 02:00 on June 18, 2025 (GMT+8) to support its network upgrade. The project team will upgrade the network at block height 21,574,000 (estimated to be at 03:00 on June 18, 2025, GMT+8).

The country is in the process of establishing legal frameworks for managing confiscated digital assets. The focus is on a high-profile case involving Marat Tambiev, a former official who was convicted of accepting cryptocurrency bribes. Tambiev, who previously served as the head of the Investigative Committee for the Tverskoy District, received 1,032.1 BTC in 2023, which was valued at around $28 million at the time. Despite facing difficulties in legally selling the seized Bitcoin, the government is working with other entities to develop a process for converting confiscated crypto into revenue. While Russia is progressing with its plans, it remains cautious, with Deputy Finance Minister Vladimir Kolychev stating that the country has no plans to include cryptocurrency in its national reserves due to concerns about Bitcoin's volatility and unpredictable market movements.

Nvidia (NVDA.O) announced on Thursday that it will invest $5 billion in Intel (INTC.O) to support the struggling American chip foundry company, but did not grant Intel key chip manufacturing orders. The agreement also includes plans for Intel and Nvidia to jointly develop personal computer and data center chips, which could pose a potential risk to TSMC (TSM.N).

according to market news, Hyperliquid will issue the stablecoin USDH.

the chairman of the U.S. SEC, Atkins: The focus of the cryptocurrency working group is to establish clear regulatory rules, and stablecoins fall within the scope of banking regulatory agencies.

Open networks are revolutionizing the dynamics of blockchain ecosystems. Stellar is recognized for enabling cost-effective cross-border payments, while meme-based tokens like PEPE thrive on community support and cultural relevance. Both have gained momentum in their respective niches. On the other hand, BlockDAG takes the concept of unrestricted participation to the next level by offering a testnet where individuals can freely develop, mine, or test without constraints. With a presale that raised over $210 million and a 2,380% ROI since the first batch, BlockDAG provides a scalable, high-performance alternative that emphasizes accessibility and user-driven growth.

On September 6th, NFT infrastructure RMRK founder Bruno Skvorc tweeted that his address was mistakenly marked as high risk by the WLFI team, and the tokens have been locked. On-chain detective ZachXBT commented that he is glad to see the WLFI team taking a more proactive approach in reviewing addresses compared to other teams like Circle, as this will ultimately benefit the victims. However, they do need to be cautious, as if false reports are blacklisted, it could cause irreparable damage to their reputation. If your address was indeed falsely reported, hopefully the issue can be resolved quickly.

according to on-chain analyst Yu Jin's monitoring, a wallet bought 900,000 HYPE tokens for approximately $45.5 million 10 days ago, and sold them all for approximately $39.26 million USDT within 24 hours, resulting in a loss of approximately $1.8 million. The address then went long with 15x leverage on 51,691 ETH, with a total value of approximately $2.29 billion, at an entry price of $4,630 and a liquidation price of $4,076.

according to Bitcoin Magazine, the Thai cabinet has approved a five-year personal income tax exemption policy for profits from cryptocurrency sales.