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1Bitget Daily Digest（September 12）｜First US Spot XRP ETF Launches Today; Grayscale Applies to Convert Multi-Asset Trusts to ETFs; BTC Longs Face Increasing High Leverage Risk2XRP Loses Nearly 50% of Active On-Chain Accounts; Price Could Be at Risk While Breakout Remains Possible3Bitcoin Clears $112,000 Wall, Eyes Return to $120,000 as Hodlers Double Down
El Salvador acquires $50M in gold for the first time since 1990 as Bitcoin bet continues
Cryptobriefing·2025/09/05 18:20
Justin Sun calls on World Liberty to unlock frozen tokens, pledges $20M buy
Cryptobriefing·2025/09/05 18:20
Bitcoin, altcoins tumble as weak job numbers stoke recession fears
Cryptobriefing·2025/09/05 18:20
Interviews for 11 Federal Reserve Chair candidates begin today—how will Trump choose?
Who would be the best choice for the crypto market?
Chaincatcher·2025/09/05 17:59
From Search Box to the Financial Future: Google Prepares to Reshape Value Flow with Blockchain
The story begins with a blank page and a search box. Its next chapter might be a ledger unseen by all but used by everyone.
Chaincatcher·2025/09/05 17:58
The Carnival Will End: Can We Predict the Crash in Advance?
A review of major market crashes in the history of cryptocurrency.
Chaincatcher·2025/09/05 17:57
SEC agenda signals easing of crypto regulation
CryptoValleyJournal·2025/09/05 17:05
Stripe, Paradigm unveil Tempo, a layer 1 blockchain for stablecoin payments
Cryptobriefing·2025/09/05 16:35
The crypto market is in a wait-and-see mode: Will today's news kick off the altcoin season in Q4?
President Trump's announcement, U.S. unemployment data, and an altcoin golden cross are simultaneously impacting the market. Here’s how they are connected—and what it could mean for the altcoin season in Q4.
Cryptoticker·2025/09/05 16:11
The Federal Reserve plans to hold a meeting on stablecoins and tokenization innovation
The Federal Reserve, as the core institution of the global financial system, has been actively responding to the rapid development of digital technology. On October 21, 2025, the Federal Reserve will hold an important conference in Washington, D.C. with the theme of "Payment Innovation," chaired by Federal Reserve Governor Christopher Waller.
Techub News·2025/09/05 16:11
Flash
- 12:57Tether's new stablecoin USAT is planned to launch by the end of the yearChainCatcher reported that crypto journalist Eleanor Terrett stated that Tether held the US launch event for its new stablecoin USAT in New York. Tether CEO Paolo Ardoino said the goal is to launch USAT by the end of the year. The new CEO Bo Hines announced that the new US headquarters will be located in Charlotte, North Carolina.
- 12:35DefiLlama founder: Figure TVL data authenticity is questionable, not excluded from the ranking due to X platform follower countChainCatcher reported that DefiLlama founder 0xngmi posted on social media stating that DefiLlama discovered a serious discrepancy between Figure's on-chain assets and trading volume: BTC and ETH reserves are extremely limited, its own stablecoin supply is minimal, most loans are still processed in fiat currency, and there is almost no on-chain trading. They suspect that most of Figure's TVL may simply be a mirror of an internal database rather than real, tradable assets. As part of due diligence, DefiLlama has discussed Figure's TVL data (claimed to be $12 billion) with the Figure team in a Telegram group chat and has raised several system and issuance-related questions. However, a person familiar with the entire process spread rumors on X (formerly Twitter) claiming that DefiLlama refused to list Figure due to its follower count on X, and some even implied that DefiLlama charges listing fees, which is completely untrue. In fact, DefiLlama has never refused any project due to follower count, nor has it charged any fees, and it continues to adhere to strict due diligence to ensure the authenticity and reliability of the data.
- 11:54DefiLlama founder: Pressured for investigating and questioning Figure's claimed RWA dataJinse Finance reported that 0xngmi, the anonymous founder of the on-chain data analysis website DefiLlama, posted on the X platform stating that Figure wanted him not to conduct due diligence on the company and tried to exert pressure through both public and private defamation. 0xngmi pointed out that DefiLlama’s value lies in users’ trust in its ability to provide good data, and that providing high-quality data that meets user expectations and helps them make correct decisions is crucial. Figure claims that their on-chain RWA scale has reached $12 billion, but DefiLlama’s investigation found some strange things: 1. Figure only holds $5 million worth of BTC and $4 million worth of ETH on exchanges (with bitcoin’s 24-hour trading volume being only $2,000); 2. Figure’s own stablecoin YLDS has a supply of only 20 million, and theoretically all their RWA transactions should be based on this; 3. Most of Figure’s RWA asset transfer transactions appear to be conducted by accounts other than those holding these assets; 4. The vast majority of Figure’s loan processes are completed through fiat currency, with almost no on-chain payments found. Therefore, DefiLlama is unsure how $12 billion in assets are being traded when there are so few assets available for trading on-chain, and since most holders do not seem to transfer these assets with their own keys, whether they are simply mirroring their internal database onto the blockchain.