cryptonews

🚨 TRUMP ADMINISTRATION CONSIDERING GLOBAL DOLLAR STABLECOIN PUSH 🇺🇸💵
The U.S. government is reportedly exploring strategic partnerships with private crypto firms to promote U.S. dollar-backed stablecoins globally.
Key takeaways from the reported plan:
🔹 Global Dollar Dominance: Expanding stablecoin adoption overseas aims to reinforce the U.S. dollar’s position as the world's primary reserve currency. 🔹 Treasury Demand Boost: Increased adoption of USD stablecoins could create significant new demand for U.S. Treasury debt, as issuers hold government securities in reserve. 🔹 Market Dominance: USDT and USDC currently control nearly 90% of the market share, making stablecoins a massive part of the global financial infrastructure.
Could dollar-backed stablecoins become America’s ultimate financial tool in the digital era? 👀
What are your thoughts on this move? Drop your opinion below! 👇
#CryptoNews #Stablecoins #USDC #USDT #TRUMP #Bitcoin #Crypto #blockchain #Web3 #Finance
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Javon Marks, a popular market commentator, suggests #Cardano could be entering a new accumulation phase similar to the 2020 setup that preceded ADA’s historic rally.
Notably, Marks shared a long-term technical analysis suggesting that Cardano has formed a base resembling the structure it developed before its major 2021 rally. Based on the historical comparison, he believes ADA could be in the early stages of another significant move.
Cardano Forms Base Similar to 2020 Structure
According to Marks, Cardano’s current price structure shares similarities with its 2020 market setup. At the time, ADA spent an extended period consolidating before breaking higher and entering a powerful uptrend.
The accompanying weekly TradingView chart highlights the similarities between the two structures. In particular, the chart shows ADA moving through a prolonged consolidation phase before recovering from a recent low.
Meanwhile, Marks projected that the similarities could trigger a potential move toward the $2.90 level. With ADA trading around $0.246, reaching that target would require a gain of roughly 1,050%. Marks described the potential move as another monstrous run.
ADA Rebounds From September Lows
Meanwhile, ADA has also recorded notable gains since mid-September. It traded around $0.19012 on September 16 before gradually recovering amid the broader market rally.
The rebound eventually pushed ADA to $0.262 this week. However, ADA later retraced and now traded at $0.246 at press time.
If ADA eventually reaches Marks’ $2.90 target, its market capitalization would rise to $106.62 billion, given its circulating supply of 36.76 billion ADA. Moreover, the projected price would place ADA relatively close to its previous peak price of $3.10.
ADA Previous Bull Rally
Cardano’s historical performance provides the basis for Marks’ comparison. ADA traded around $0.020 in early 2020 before entering a prolonged rally that eventually pushed the token to $3.10 on September 2, 2021.
Similarly, the current chart shows ADA spending an extended period within a broader consolidation structure before attempting to break higher.
Meanwhile, SongMarketCap founder Jure Karamarko has previously expressed confidence that ADA will revisit the $3 level. He argued that the key question is when, rather than whether, Cardano will return to that price.
Cardano founder Charles Hoskinson has also pointed to ADA’s historical rise from roughly $0.02 to $3.10 when discussing the cryptocurrency’s potential for another major rally.
While Marks believes ADA’s current setup could mirror its 2020–2021 rally and propel the token toward $2.90, historical patterns do not guarantee a repeat performance. Instead, the comparison highlights a potential accumulation phase similar to Cardano’s previous cycle.
#CryptoNews

3 stories cleared the bar for Sep 25 -- a genuinely quieter day beyond the Bitget saga still unfolding.
1. Bitget's hack losses climbed from $351.6M to $387.5M as a fuller review turned up additional affected assets on Zcash and TRON. More significantly, independent blockchain-analytics firm Elliptic -- not just Bitget's own CEO -- assessed the attack as "highly likely" North Korea-linked, citing on-chain overlap with addresses previously used to launder the 2025 Bybit heist. That pushes North Korea's 2026 crypto-theft haul past $1B for the year. Bitget launched a bounty program offering 5% of recovered funds for tips; Circle and Tether froze a small hacker wallet (reported as either ~$218K or ~$318K, sources conflict), but the bulk of stolen funds remains unfrozen. Withdrawals stayed suspended as of Sept 26, and the full formal root-cause report still hasn't been published -- Bitget says forensic analysis (with Mandiant and SlowMist) is taking longer than the original 24-hour promise.
2. SEC staff issued an updated crypto FAQ clarifying that token buybacks, network upgrades, and marketing about a network's current uses don't automatically make a token a security under the Howey framework -- as long as the network is already functional and the buyback isn't pitched as a return-generating mechanism for a non-functional one. Staff also said some staking-receipt tokens may qualify as ownership receipts rather than securities. The guidance doesn't carry the force of law and hasn't been approved by the full Commission, but it's a real clarification issued weeks after the CLARITY Act stalled in the Senate.
3. Bitcoin's largest quarterly options expiry of the year settled bullish: roughly 184,000 BTC options (~$15.9B notional, about 37% of Deribit's total BTC open interest) expired at 08:00 UTC with max pain at $75,000 while spot settled near $85,500 -- meaning about 55% of calls expired in the money and puts were largely worthless, a clearly bullish resolution relative to where market-maker positioning would have preferred price to land.
A hack that keeps growing, a regulator clarifying rules through guidance instead of law, and options traders getting the bullish outcome -- which of today's threads matters most a week from now?
Not financial advice. DYOR.
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