Crypto weekly is authored by maaria bajwa


PRICE CHANGE: WTD/YTD
- Crypto Market Cap ($2.78T): +2% / -9%
- BTC ($79,802): +1% / -9%
- ETH ($2,490): -1% / -16%
- SOL ($105): -1% / -15%
- HYPE ($87): +4% / +243%
- COIN ($185): +3% / -18%
- Tether Mkt Cap ($183B): 0% / -2%
- USDC Mkt Cap ($75B): +1% / -2%
- BTC / ETH Dominance: 58% / 11%

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THIS WEEK IN CRYPTO
- The Bitcoin-gold 90-day correlation hit a six-year high, with both rising after Treasury Secretary Scott Bessent indicated the Treasury would repurchase long-dated bonds. Link.

- Coinbase filed with the SEC to bring equity perpetuals to US investors. Link.

- Privacy coin ZCash topped $1,000 for the first time, as inflows into Grayscale’s recently launched ETF ramped up. ZCash is currently the 9th largest cryptocurrency, and is up 40% over the past week. Link.

- Robinhood Chain recorded a record $989 million in single-day DEX trading volume, hitting a record $708 million in total value locked, up 100% from the previous month. Link.

- The London Stock Exchange plans to launch tokenized stocks, backed by shares of London-listed companies in a partnership with Kraken parent company Payward. Link.

- Strategy resumed Bitcoin purchases after a 10-week pause, purchasing $370 million BTC. Link.

- Bitcoin is trading at over a 1% premium in South Korea, the “Kimchi premium”, after a rally in token prices reignited risk appetite for investors. Link.

- Binance continues to operate in the EU despite failing to obtain key regulatory licenses, due to workarounds including a “reverse solicitation” clause which allows it to onboard users directly. Link.

- Cross-chain infrastructure provider Router Protocol is winding down and burning 303 million ROUTE tokens after 4 years of trying to commercialize. Link.

- UBS, Bank of Montreal, and Jane Street disclosed holdings in US Hyperliquid ETFs Link.

- Philadelphia 76ers LeBron James announced a partnership with decentralized prediction marketplace Polymarket. Link.

- Arbitrum DAO has accrued $6.2 million in income during the first half of 2026. Robinhood Chain, which launched with Arbitrum on July 1, saw a record $3.75 million in fees on Sept 1. Link.

- Crypto digital asset treasury companies hit $340 billion market cap and are up 10% since mid-August. Altcoin DATs tracking ZCash and Hyperliquid have outperformed Bitcoin and Ethereum DATs. Link.

- The SEC proposed its first major overhaul of transfer agent rules since the 1970s, modernizing the framework to explicitly account for electronic and blockchain-based recordkeeping and uncertificated securities. Link. One Pager.