Из жизни альткоинов

Square has rolled out a new payment and wallet package called Square Bitcoin, aimed at letting small shops accept and manage bitcoin inside the same system they already use for sales and money management.

According to Square, the package includes Bitcoin Payments, Bitcoin Conversions, and a built-in Bitcoin Wallet, and it was announced as part of the company’s second Square Releases event.

Square Makes Bitcoin Part Of Daily Sales

Reports have disclosed that Bitcoin Payments will let sellers take bitcoin at the point of sale with zero processing fees for the first year.

Merchants will be able to choose whether to hold the Bitcoin they receive or convert it into US dollars. Bitcoin Conversions can automatically turn a share of daily card receipts into bitcoin — up to 50% of daily sales — so businesses can quietly build a bitcoin reserve without extra steps.

Square, the merchant services unit of the Jack Dorsey-led Block Inc., also says the Wallet will let sellers buy, sell, hold, and withdraw bitcoin from the same Dashboard they use for payroll and inventory.

Early Beta Shows Some Uptake

Square first offered Bitcoin Conversions to a limited group in 2024. Based on reports from the company, those early users had accumulated 142 bitcoin as of October 1, 2025.

This figure gives a concrete sense of how the tool has been used so far, though it does not speak to the distribution of that bitcoin across businesses or how many shops hold versus convert.

Square Banking, which the company launched in 2021, has already been used by many sellers for basic cash management, and this new step brings crypto tools into that existing flow.

More Choices For Small Sellers

Accepting bitcoin could mean lower visible costs for some sellers. Reports have disclosed that Square is pitching near-instant settlement and reduced fee exposure as reasons merchants might prefer bitcoin payments over other methods.

Sellers keep the option to receive sales in US dollars. The point is choice: shops can accept new forms of payment while keeping familiar money controls in place.

Tools Tied Into A Bigger Vision

Block, Square’s parent company, has been building other bitcoin products for years. Based on reports, those pieces include Cash App’s bitcoin features, Bitkey for self-custody, Proto mining gear, and Spiral, which funds open-source bitcoin projects.

The new Square Bitcoin offering is presented as another link in that chain, letting businesses interact with bitcoin at the checkout and on the books.

Featured image from Pixabay, chart from TradingView

Since the beginning of this year, the price of Bitcoin has been on a massive tear, experiencing more than 100% growth in the past year, which has brought its value to uncharted territories. After the remarkable upside performance in BTC’s price this year, a significant number of fresh crypto millionaires have emerged, showcasing the potential of cryptocurrencies.

New Millionaires Emerge As Bitcoin’s Price Explodes

In a stunning development that sparked optimism across the broader crypto sector, Bitcoin has recently surged to a new all-time high of $126,000 last Monday. With this massive price increase, investors have witnessed a notable rise in profits, pushing thousands of investors into millionaire status.

A recent report from the CNBC SquawkBox news revealed that the most recent surge in Bitcoin’s price is creating a new generation of millionaires. This development highly solidifies its standing as the world’s most potent wealth creator in the dynamic digital era.

In the report, Robert Frank, a wealth editor at CNBC, highlighted that over 70,000 crypto millionaires were created in the past year due to BTC’s price growth. The increase indicates Bitcoin’s increasing dominance as a worldwide store of value in addition to indicating renewed investor confidence.

After 70,000 new investors were added to the millionaire club, the total crypto millionaires now stand at over 240,000. Simply put, more than 240,000 wallets are currently holding coins worth at least $1 million. Such growth in large investors further cements Bitcoin’s reputation as a financial phenomenon that turns long-term holders, institutions, and early adopters into the next wave of cryptocurrency millionaires.

Frank has also reported that there are currently 450 centi-millionaires, which represents those holding coins valued at over $100 million in the crypto sector. Furthermore, the total number of crypto billionaires is situated at 36 in the past year, as prices soar and market sentiment turns overwhelmingly bullish.

Overall Crypto Spending By Investors Skyrockets

During the same period, the entire crypto market cap has increased by more than $2 trillion. Meanwhile, Frank has delved into the overall amount of funds that have been spent so far by investors in the past year.

According to new research by a group of economists, the average cryptocurrency investor spends $0.10 (10%) for every dollar they make. Given that the market has added $2 trillion in the past year, this brings the total crypto spending to $200 billion within the time frame.

Following the remarkable surge in crypto, Frank has revealed a new trend among crypto millionaires, especially those in their 30s and 40s. The current trend showcases that these investors are opting for real estate instead of buying luxury cars, and this is taking place in locations with large crypto populations.

Crypto analyst Austin Hilton has warned that a battle is happening around XRP as the token struggles to recover. The analyst says this fight isn’t only about XRP’s price. At the center of it are Ripple, the company behind the XRP token, and SWIFT, the old network banks use for international transfers. In the video shared on X, Hilton warns that the outcome of this “war” could impact XRP’s value and adoption, as Ripple continues to grow despite the strict regulations it has faced in recent years.

Analyst Austin Hilton Says Ripple And SWIFT Are Locked In A Battle For Global Payments

Hilton described it as a “war raging on” between Ripple’s blockchain-based network and SWIFT’s decades-old infrastructure.SWIFT stands as the central system for international money transfers, connecting thousands of banks worldwide. However, Hilton says that dominance is starting to crack. The SWIFT system is too slow, too expensive, and too outdated to compete with the instant payments that blockchain now makes possible.

Ripple’s network, powered by XRP, delivers a faster, cheaper, and frictionless experience. Transactions that once took days now settle in seconds, cutting out the intermediaries and costs that have long defined the old system.

According to Hilton, Ripple’s blockchain technology reduces the friction typically associated with SWIFT’s traditional banking processes. As a result, Ripple and its XRP Ledger are becoming strong alternatives to SWIFT’s dominance.

He also mentioned Ripple CEO Brad Garlinghouse’s comments that Ripple could take up to 14–15% of SWIFT’s massive market share over time. While Ripple might not replace SWIFT entirely, Hilton said it is steadily capturing a significant share of the global payments market. 

SWIFT’s Blockchain Push Seen As A Response To Ripple’s Rising Momentum

Hilton also pointed to SWIFT’s latest move to adopt blockchain technology as a reaction to Ripple’s growing success.. SWIFT announced that it will use Linea, a system built on Ethereum, and will test smart contracts and stablecoins. But Hilton described this move as mostly a public show meant to signal adaptation rather than a step forward, noting that SWIFT is scrambling to catch up to Ripple’s decade-long head start in real blockchain development.

According to Hilton, Ripple’s consistent innovation gives it an edge, while SWIFT is only now trying to adapt to the blockchain era. Hilton connected this rivalry to XRP’s current price struggle, pointing out that as Ripple’s network expands, the token’s demand could climb since XRP is vital to the system’s transactions. 

Hilton emphasized Ripple will not completely replace SWIFT, but will continue to take a larger share of the global market. Hilton warned that this ongoing “war” is about who will shape the future of international payments, and XRP holders are right in the middle of it.

Суммарный объем накопленных россиянами и российскими компаниями цифровых активов может достигать $40 млрд, предположил первый заместитель председателя правления Сбербанка Александр Ведяхин.

Shiba Inu influencer Susbarium has issued an alert to the SHIB Army about an ongoing phishing scam. The influencer explained how these scammers carry out the scam using real SHIB tokens. 

Shiba Inu Influencer Warns About Phishing Scam Involving SHIB

In an X post, the Shiba Inu influencer warned that there is a phishing scam using real SHIB tokens, where it has been adirdropped to wallets. Susbarium further revealed that the scammers attach a deceptive message urging users to click on a phishing link to claim rewards. The influencer stated that it is a phishing scam and that while the token itself may be valid, the message is designed to lure users into connecting their wallets to a fake site.  

The Shiba Inu influencer remarked that these scammers are exploiting SHIB’s legitimacy to gain the trust of token holders. Susbarium again explained how the airdropped token includes a fake site urging users to claim their rewards. However, this site is not affiliated with the official Shiba Inu ecosystem as the phishing scam portrays. The influencer added that those who connect their wallets may end up losing their assets or having their wallet security compromised. 

On how to stay safe, Susbarium urged Shiba Inu holders to ignore any embedded messages in token names or airdrops. The SHIB influencer further warned holders never to visit unknown websites promoted through unsolicited tokens and advised them to verify all token activity through the official Shiba Inu channels. For those who may have already clicked on the phishing link, the influencer shared a link for holders to revoke token approvals. 

The Shiba Inu influencer urged the SHIB Army to “protect the pack” and also inform other SHIB holders of this phishing scam. Susbarium remarked that there will be fewer victims with more eyes on the alert. 

Recent Security Fix in the SHIB Ecosystem

Notably, this development follows the recent exploit on Shiba Inu’s layer-2 Shibarium, which drained over $4 million in assets. However, the team announced that they have contained the situation by isolating the risk and hardening Shibarium end-to-end. As part of the move to tighten security on the layer-2 network, the team also migrated ownership of over critical contracts to hardware custody. 

Meanwhile, all validator signer keys have been rotated, and blacklisting has been added to staking flows. Regarding the sum that was exploited, the Shiba Inu team neutralized the 4.6 million BONE delegation from the attacker through controlled contract upgrades and state cleanup. The team tested this on Devnet Puppynet, and Hexens reviewed it. Thanks to this move, activity on the network has been fully restored. 

At the time of writing, the Shiba Inu price is trading at around $0.00001219, up in the last 24 hours, according to data from CoinMarketCap.

With its price surging sharply to new all-time highs this year, BNB (The Binance native coin) is now one of the best-performing cryptocurrency assets in the ongoing bull market cycle. While the altcoin is currently holding strong above the $1,300 price mark, several key factors have been identified as likely responsible for the recent upward trend to new heights.

What Pushed The price Of BNB To New Highs

BNB keeps surpassing market expectations, breaking through barriers, and reaching new all-time highs as the cryptocurrency market is swept by bullish momentum. In a recent quick-take post on the CryptoQuant platform, a market expert with the nickname XWIN Research Japan has outlined the possible triggers of the altcoin’s strong upside action this cycle. 

As of October 8, the Binance coin experienced a spike to $1,300, exhibiting the best performance among major cryptocurrencies. With this remarkable growth, BNB has grown from being viewed as just the native token driving Binance’s ecosystem to becoming a major player in DeFi and Web3.

According to XWIN Research Japan, the ongoing surge is beyond a short-term speculative move. The expert has solely attributed the upward move to Binance’s structural recovery and deeper integration with traditional finance.

Presently, on-chain data are showing robust buying momentum in the market as observed in the Spot and Futures Taker CVDs. As observed in the chart, spot and futures Taker CVDs are trending upward, which is an indication of a resurgence in buyer dominance. 

In addition, the Binance Dominance Strength – Share of Stablecoin Reserves vs Market Total, shows that its share of ERC-20 stablecoin reserves has increased to nearly 70%. This marks its highest level ever recorded in years. Interestingly, this concentration of liquidity provides a solid foundation for BNB’s strength by generating genuine demand for trading, staking, and Launchpad participation.

While sentiment has improved, XWIN Research highlighted that this happened after Changpeng “CZ” Zhao, the founder of Binance, reinstated the “Binance” title on his profile on X, a move signifying regulatory stability. At the same time, Binance’s quarterly burn of about 2 million BNB, or $1 billion, keeps supply tight, directly connecting scarcity to volume expansion and platform growth.

Multiple Collaborations Done This Cycle

With BNB rising, investors’ conviction in the altcoin has risen. Another factor that has bolstered investors’ confidence is Binance’s partnerships with global financial institutions. These include Collaborations with Franklin Templeton to co-develop tokenized securities (RWA) and with Chainlink to bring US economic data on-chain, which mark important advances toward institutional-grade DeFi.

There have also been key projects launched on the BNB chain, such as the new Crypto-as-a-Service (CaaS) initiative. The main use case of this initiative is to enable banks and brokerages to provide crypto services under their own brands, reflecting Binance’s shift from exchange to financial infrastructure provider.

Meanwhile, for BNB, the strong institutional links, deflationary supply mechanisms, and liquidity concentration have transformed it from a straightforward exchange token into a vital asset that connects Web3 and conventional banking. Such shifts represent a blatant indication of Binance’s fresh supremacy in the digital market.

Luksemburg właśnie zapisał się w historii europejskich finansów. Państwowy fundusz Fonds Souverain Intergénérationnel du Luxembourg stał się pierwszym funduszem narodowym w strefie euro, który zainwestował w Bitcoina.

Według ogłoszenia, 1% jego portfela, czyli około 9 milionów dolarów, trafi do funduszy ETF opartych na Bitcoinie. Takową decyzję potwierdził Bob Kieffer, dyrektor luksemburskiego skarbu państwa i sekretarz generalny. Luksemburg inwestuje w Bitcoina, reszta krajów pójdzie za ciosem?

Odważny krok w stronę Bitcoina

Choć 1% może wydawać się niewielkim udziałem, dla konserwatywnie zarządzanego funduszu państwowego to bardzo znaczacy krok. FSIL zarządza aktywami o wartości około 764 milionów euro. Zdecydował się dodatkowo na ekspozycję poprzez regulowane ETF-y, a nie bezpośrednie zakupy kryptowaluty.

Niektórzy mogą twierdzić, że działamy zbyt późno lub zbyt ostrożnie; inni wskażą na zmienność i spekulacyjny charakter tego aktywa – napisał Kieffer.

Zarząd FSIL uznaje jednak, że 1% to rozsądny kompromis między innowacją a stabilnością. – dodał.

Ta decyzja pokazuje, że Luksemburg, mimo ostrożności, widzi w Bitcoinie długoterminowy potencjał. To również wyraźny sygnał dla całej strefy euro. Kryptowaluty konsekwentnie nabierają znaczenia jako strategiczne aktywa.

Od ostrożności do działania

Decyzja FSIL zaskoczyła wielu analityków. Szczególną zasłonę dymną stanowił fakt, że w maju Luksemburg sklasyfikował firmy kryptowalutowe jako wysokiego ryzyka w kontekście prania pieniędzy.

Narodowy raport ryzyka na 2025 rok wskazywał, że podmioty działające w obszarze aktywów cyfrowych często funkcjonują w środowisku zdecentralizowanym, co utrudnia kontrolę i śledzenie przepływu środków.

Mimo to Luksemburg konsekwentnie przyciąga duże firmy z branży krypto, oferując im stabilne i przejrzyste regulacje. W maju giełda Bitstamp uzyskała licencję Crypto Asset Service Provider w ramach unijnego rozporządzenia MiCA.

Podobną ścieżką poszły Standard Chartered oraz Coinbase, które otworzyły w Luksemburgu europejskie centra operacyjne dla usług związanych z kryptowalutami i aktywami cyfrowymi.

Rządy i państwowe rezerwy w Bitcoinie

Według danych Bitcoin Treasuries, rządy i instytucje państwowe na całym świecie posiadają łącznie około 515 885 BTC o łącznej wartości ponad 63 miliardów dolarów, co odpowiada 2,46% całkowitej podaży Bitcoina.

Liderem pozostają Stany Zjednoczone z 198 021 BTC, tuż za nimi znajdują się Chiny z 190 000 BTC. Co ciekawe, większość chińskich zasobów pochodzi z konfiskat dokonanych przez władze w ramach działań przeciwko nielegalnym giełdom.

Na trzecim miejscu uplasowała się Wielka Brytania (61 245 BTC), a tuż za nią Ukraina (46 351 BTC), która wykorzystuje kryptowaluty m.in. do pozyskiwania darowizn w czasie wojny.

Salwador pozostaje jedynym krajem, który uczynił Bitcoina prawnym środkiem płatniczym – jego rezerwy wynoszą 6 344 BTC, czyli około 776 milionów dolarów.

Kolejne państwa, takie jak Zjednoczone Emiraty Arabskie czy Bhutan, również gromadzą BTC jako część swoich rezerw strategicznych. Czy w przyszłości ujrzymy w tym zestawieniu również Polskę?

Symboliczny krok z dużymi konsekwencjami

Choć udział FSIL w Bitcoinie to zaledwie 1%, ruch ten ma wymiar symboliczny. Po raz pierwszy państwowy fundusz w strefie euro oficjalnie przyznał, że Bitcoin może być pełnoprawnym aktywem inwestycyjnym.

To może uruchomić efekt domina. Inne kraje, zwłaszcza te z rozwiniętymi sektorami finansowymi, mogą pójść w ślady Luksemburga. Dla wielu inwestorów to również sygnał, że warto przyjrzeć się bliżej rynkowi kryptowalut, szczególnie w kontekście projektów rozwijających infrastrukturę Bitcoina.

Bitcoin Hyper – nowa warstwa innowacji dla Bitcoina

Jednym z projektów, który w ostatnich miesiącach robi szum wśród społeczności krypto, jest Bitcoin Hyper. Tutaj identycznie, jak w przypadku Luksemburga mamy kwestię przełomową.

$Hyper to pierwsze w historii rozwiązanie warstwy 2 dla sieci Bitcoin. Jego celem jest usprawnienie funkcjonowania łańcucha BTC. Odbywa się to przez wdrożenie takich elementów, jak szybkie transakcje, wsparcie dla smart kontraktów oraz zdecentralizowanych aplikacji.

Bitcoin Hyper działa równolegle do głównej sieci Bitcoina. Wykorzystuje on technologię Solana Virtual Machine oraz zero-knowledge proofs. Dzięki temu użytkownicy mogą wykonywać błyskawiczne operacje, tworzyć aplikacje DeFi, NFT i nawet gry oparte na ekosystemie Bitcoin.

Potencjał projektu przemawia przez niesamowite liczby. W samej przedsprzedaży kryptowaluty zebrano już ponad 22,8 mln dolarów, przy cenie jednego tokena $HYPER na poziomie 0,013085 USD.

Dlaczego Bitcoin Hyper przyciąga uwagę?

Bitcoin Hyper nie tylko wprowadza skalowalność i interoperacyjność między blockchainami, ale również zapewnia bezpieczeństwo dzięki kanonicznemu mostowi. Umożliwia on zamrożenie BTC i uzyskanie ich reprezentacji w sieci L2 z pełną możliwością cofnięcia transakcji.

Projekt przeszedł także audyty bezpieczeństwa przeprowadzone przez firmy SolidProof i Coinsult.

Dla osób, które zastanawiają się, jak kupić kryptowaluty, twórcy projektu przygotowali szczegółowy poradnik na swojej oficjalnej stronie. Cały proces jest intuicyjny i dostosowany nawet do mniej zaawansowanych użytkowników rynku krypto.

Potencjał wzrostu i perspektywy projektu

Eksperci prognozują, że jeśli projekt utrzyma tempo rozwoju, Bitcoin Hyper może w kolejnych latach odnotować znaczące wzrosty wartości. Najbardziej optymistyczne przewidywania wskazują, że do końca 2025 roku cena tokena może wzrosnąć nawet do 0,32 USD.

Nie brakuje również bardziej ostrożnych prognoz. Według nich token $HYPER może kosztować około 0,0167 USD w 2025 roku i 0,0231 USD w 2026 roku. Nawet w tym wariancie inwestorzy, którzy dołączą na wczesnym etapie, mają szansę na znaczące zyski.

Bezpieczeństwo i zaufanie – fundament projektu

W świecie kryptowalut kluczowe znaczenie ma zaufanie. Bitcoin Hyper przykłada do tego ogromną wagę. Transakcje są zabezpieczone kryptograficznie, a użytkownicy zawsze zachowują kontrolę nad swoimi środkami.

Projekt wprowadził również fundusze bezpieczeństwa oraz programy stakingowe, które minimalizują ryzyka związane z infrastrukturą sieci. Dla osób poszukujących większej prywatności interesującą opcją pozostaje także anonimowe kupno kryptowalut, które w przypadku projektu HYPER odbywa się zgodnie z obowiązującymi regulacjami.

Quick Facts:

• 1️⃣ Block’s Square platform is launching a new service that allows small businesses to accept Bitcoin payments directly.
• 2️⃣ Merchants can convert a portion of their daily sales into crypto.
• 3️⃣ In a pilot program, participating sellers had built up a total of 142 Bitcoin by October 1, 2025.
• 4️⃣ The service is available nationwide, but not in New York due to state regulations.

Jack Dorsey’s Block is making it easier than ever for small businesses to enter the crypto space.

The company’s Square platform is rolling out a new service that allows merchants to accept Bitcoin payments directly. The goal is to make using Bitcoin as simple as swiping a credit card.

This is a significant move for Block, which aims to make Bitcoin a mainstream currency, not just an investment. With the new Square Bitcoin platform, sellers can accept Bitcoin and even convert a portion of their daily sales into crypto.

The crypto conversion of sales to Bitcoin was tested in a pilot program in 2024 and proved to be a huge success. According to Block, participating sellers had already built up a total of 142 Bitcoin by October 1, 2025. It shows there’s a real demand for this kind of service.

For the first year, they’ll be able to do this with no transaction fees. The new platform also includes a built-in wallet, allowing businesses to manage their new Bitcoin holdings directly from their existing Square dashboard.

Miles Suter, who heads up Bitcoin Product at Block, said that this move gives small businesses powerful financial tools that were previously only available to large companies. The decision to offer zero fees for the first year is a smart way to get merchants on board and let them try out the service risk-free.

The launch also shakes up the payments industry. It puts pressure on other major players, such as PayPal, Visa, and Stripe, to enhance their own crypto offerings. By offering native Bitcoin support, Square is pushing the mainstream industry toward a more decentralized future.

While the service is available nationwide, it won’t be in New York due to state regulations. However, investors can still participate in Bitcoin Hyper ($HYPER), a project aiming to scale up $BTC to its full potential.

Unlock Bitcoin’s Full Potential with Bitcoin Hyper ($HYPER)

Ever feel like Bitcoin is a bit … slow? And those transaction fees can be a real buzzkill. Well, Bitcoin Hyper ($HYPER) is here to upgrade the OG digital currency.

Think of it as a rocket booster for the world’s most secure digital assets. It’s building a lightning-fast Layer-2 network right on top of the Bitcoin blockchain.

By bringing the insane speed of the Solana Virtual Machine (SVM) to Bitcoin, Hyper is finally making it ready for everyday use. It will make transactions nearly instant, and cost pennies, not dollars. This isn’t just about faster payments, it’s about unlocking a whole new universe of possibilities, from DeFi to dApps.

The industry has already taken notice. Bitcoin Hyper’s ($HYPER) presale has raised over $22M. This isn’t just an upgrade; it’s a total game-changer for the entire Bitcoin ecosystem, turning it from a static asset into a dynamic powerhouse for the future of Web3. Our experts predict it could reach a high of $0.32 by the end of 2025. The $HYPER Ecosystem: A World of Benefits Awaits

When you want to use your Bitcoin on the Hyper network, you use a ‘Canonical Bridge.’ You send your Bitcoin to a special address, where it’s securely locked on the main chain.

In return, an equal amount of ‘wrapped’ Bitcoin is minted on our Layer-2 network, which you can use for all your transactions. When you’re done, you can burn the wrapped tokens and reclaim your original Bitcoin. It’s that easy.

But the real magic happens with the $HYPER token itself. It’s the engine that powers the whole system. All transactions on the network require $HYPER for gas fees, creating constant demand for the token.

By holding and staking $HYPER, you get a say in the project’s future. Staking rewards currently sit at 51%.

Buy your $HYPER for $0.013085, but hurry, as a price increase is imminent.

Please note that this is not intended as financial advice, and you should always conduct your own research before investing.

Authored by Ben Wallis, Bitcoinist — https://www.bitcoinist.com/square-reveals-zero-fee-bitcoin-payments-program-hyper-cales-btc

Автор книги о личных финансах «Богатый папа, бедный папа» Роберт Кийосаки раскритиковал традиционный инвестиционный портфель американского банка Morgan Stanley, призвав инвесторов сосредоточиться на биткоине, эфире и ряде других активов.

Британская инвестиционная компания Hargreaves Lansdown призвала клиентов, желающих достичь долгосрочных финансовых целей, не вкладывать деньги в криптовалюту.

North Dakota has moved to create its own state-backed stablecoin, a step that aims to bring banks and public finance closer to token-based money.

Reports have disclosed the project will be called Roughrider Coin and that it is being built in partnership with the Bank of North Dakota and payments firm Fiserv.

State And Partner Details

According to the partners, Roughrider Coin will be fully backed one-to-one by US dollar reserves and issued on Fiserv’s FIUSD platform.

Fiserv, which supports about 10,000 financial institutions and processes more than 90 billion transactions a year, will provide the underlying infrastructure.

Based on market coverage, the Bank of North Dakota will oversee issuance and custody while the state’s Industrial Commission will review and sign off on the project before anything goes live.

The Bank of North Dakota has always been an innovator, and today we announced a partnership with Fiserv to develop ND’s own stablecoin, the Roughrider coin. This digital asset, backed by the U.S. dollar, will improve efficiency and quality control in the banking sector, a direct… pic.twitter.com/1yIB9A3Zr9

— Governor Kelly Armstrong (@GovArmstrong) October 8, 2025

Planned Timeline And Oversight

Officials say they are aiming for a launch in 2026. That date is a target, not a guarantee. Approval from the North Dakota Industrial Commission is required, and regulators will assess legal and compliance details before any rollout proceeds.

Some measures will remain internal at first; the early phases appear focused on bank-to-bank uses rather than consumer-facing wallets or retail payments.

Uses And Limits

The initial use cases include interbank transfers, loan disbursements, and overnight lending between institutions. Merchant use and customer-facing services were not confirmed, meaning most residents likely will not notice changes in daily banking right away.

The state’s pitch is that a ledger-based token could shorten settlement times and make certain transfers more direct. But the first implementations look to be limited to institutional rails.

Concerns And Market Context

Local observers and some banking voices have flagged risks. One issue raised is the potential for deposits to shift if more funds are moved into digital token accounts.

Another is market competition: major stablecoins like USDC and USDT already dominate widespread trading and merchant links.

Interoperability with other blockchains and tokens will matter, and FIUSD’s technical bridges will be tested if Roughrider Coin expands beyond internal bank operations.

What Comes Next

Regulatory steps are the immediate milestone. The Industrial Commission’s timetable and any conditions it adds will shape whether the project keeps its 2026 target.

If approval is granted, the Bank of North Dakota and Fiserv will begin pilots and scaling tests. Observers will also watch whether other states follow suit; reports have noted Wyoming previously moved toward a state-backed digital token.

Roughrider Coin is a focused experiment for now. Based on reports, it aims to modernize certain institutional flows without replacing existing deposit accounts or the cash system.

Featured image from Hertz, chart from TradingView

Il leggendario esperto di cyberpunk Nick Szabo e Ryan Watkins, cofondatore di Syncracy Capital, hanno delineato due visioni opposte per interpretare il recente rally di Ethereum e i meccanismi che ne determinano la valutazione. Entrambi hanno pubblicato le loro analisi su X (Twitter), in cui punto per punto spiegano realmente cosa muove i prezzi delle blockchain di Layer-1.

Il Prezzo di Ethereum Non Ha Nulla a Che Fare con la Sua Utilità

La tesi di Szabo è netta:

“Un problema fondamentale nella valutazione di ETH è che i principali casi d’uso di Ethereum sono in gran parte esterni al valore di mercato di ETH.”

Secondo lui, Ethereum può essere molto utile, le sue applicazioni possono generare ottimi ricavi, ma il prezzo di ETH può comunque restare basso — o viceversa — perché il legame tra utilità e valore è debole.

Szabo mette in contrasto questa dinamica con Bitcoin, il cui “principale caso d’uso è come riserva di valore, strettamente legato al suo prezzo.” Aggiunge che “il design di base di Bitcoin è molto più adatto a questo scopo, quindi ETH non può semplicemente imitarlo; deve fare affidamento su altri casi d’uso, scarsamente collegati al suo valore di mercato.”

In sintesi, per Szabo il problema è strutturale: l’utilità della rete Ethereum non si traduce automaticamente in valore per ETH, mentre nel caso di Bitcoin utilità e prezzo coincidono per natura.

Il suo commento, pubblicato dopo un’assenza di cinque anni da X (settembre 2025), è arrivato in risposta a un post di Ryan Watkins, che invece adotta una prospettiva completamente diversa.

Ryan Watkins: “Gli Investitori Sovrastimano i Modelli di Valutazione delle L1”

Watkins sostiene che gli investitori tendano a complicare eccessivamente i modelli di valutazione delle blockchain Layer-1, mentre in realtà sono il prezzo e le narrazioni a fare la parte del leone.

“Ogni volta vedo persone che pensano troppo ai modelli di valutazione delle L1”, scrive, spiegando che l’ultima spinta di Ethereum non deriva da un cambiamento nei fondamentali, ma da una svolta narrativa.

Perché Il Prezzo di ETH È Triplicato da Aprile?

“L’unica differenza tra ETH a 1.400 $ e ETH a 5.000 $ è Bitmine.”

Ad aprile, dice Watkins, “Ethereum era una piattaforma morente.” Oggi, invece, “è la blockchain delle stablecoin e la prossima opportunità ‘in stile Bitcoin’ per gli investitori istituzionali.”

La lezione è chiara:

“Il prezzo guida le narrazioni, dicono.”

Watkins non afferma che queste narrazioni siano fondate, ma sottolinea il vuoto che esse colmano:

“Il punto non è se tutto questo sia giustificato. Il punto è che l’assenza di metodologie di valutazione condivise crea un vuoto che solo le narrazioni e i confronti relativi possono riempire.”

Narrativa, Relativo Valore e “Gioco dei Flussi”

Watkins propone diverse ipotesi sul caso rialzista di Ethereum, senza sposarne nessuna in particolare:

• “ETH diventerà una sorta di tassa globale sul PIL mondiale?”

• “Oppure sarà un ‘Bitcoin programmabile’, che per definizione non può essere valutato?”

• “O entrambe le cose?”

“La verità è che nessuno lo sa”, ammette.

Questa incertezza spinge i mercati a basarsi su confronti semplici e flussi di capitale:

“Quindi cosa succede quando il mercato si ancora al valore relativo e alle narrazioni? Bitcoin vale 2 trilioni di dollari. Perché ETH non dovrebbe valere il 50% di quella cifra? Dopotutto offre un set di funzioni più ampio. ETH è a 500 miliardi. Perché SOL non dovrebbe valere altrettanto o di più? È un prodotto più efficiente, con maggiore trazione su quasi ogni metrica economica.”

Watkins ammette che questi confronti sono “goffi”, ma utili per orientarsi:

“Possiamo teorizzare quanto vogliamo, oppure navigare il contesto davanti a noi. Finché i fondamentali non torneranno a contare, non pensiamoci troppo.”

Conclude con una riflessione lucida:

“Esiste un enorme vantaggio competitivo per gli asset che hanno conquistato la coscienza di massa e resistono nel tempo. È un gioco di flussi e narrazioni, finché la musica non si ferma.”

Due Visioni, Una Stessa Realtà di Mercato

Entrambe le prospettive possono essere vere contemporaneamente. Il mercato potrebbe continuare a premiare ETH sulla base delle narrazioni e del valore relativo, mentre la domanda posta da Szabo — se il design di Ethereum potrà mai creare un legame stabile tra utilità della rete e valore del token — resta senza risposta.

Per ora, il dibattito stesso è il segnale: Ethereum sta attraversando un ciclo in cui la percezione del suo scopo, più dei flussi di cassa o dei modelli fondamentali, determina il tono del mercato.

 

Bitwise Asset Management has updated its proposed Solana exchange-traded fund (ETF) to explicitly include “Staking” in the fund’s name and disclosed a 0.20% unitary sponsor fee—one of the lowest headline fees yet seen for a US crypto ETF. Bloomberg’s James Seyffart flagged the amendment late Wednesday, writing: “NEW: Bitwise files an update to their Solana ETF filing to include Staking in the name and provides the fee. Fee will be 0.20%.”

In follow-up posts, Seyffart added that “no fee for the first 3 months and for the first $1 billion in AUM [assets under management]” would apply—an aggressive launch incentive mirroring the fee-war playbook that helped turbocharge spot bitcoin ETFs at the start of the year. Eric Balchunas, his colleague at Bloomberg, underscored the move’s competitiveness: “Bitwise not playing around, plans to charge just 0.20% for their spot Solana ETF.”

Solana Staking ETF Launch Date Remains Unclear

The amendment signals that issuers and the Securities and Exchange Commission have narrowed outstanding issues on the structure of spot Solana products that incorporate staking, a feature unique to proof-of-stake assets. Earlier in the year, the SEC asked prospective Solana ETF sponsors to submit updated S-1 registration statements—widely interpreted as a pre-launch step once substantive policy questions are settled.

Timing remains the key variable. The US government shutdown that began on October 1 has forced the SEC onto skeleton staffing, slowing most non-urgent reviews and stalling a broad slate of securities registrations. With more than 90% of the SEC’s staff furloughed, routine offering and listing processes are largely paused—an overhang that could push back crypto ETF effective dates even as the paperwork advances. As Seyffart put it when asked whether a shutdown would delay approval: “Yes. I believe so.”

Even with that backdrop, Bitwise’s pricing telegraphs a confident, bare-knuckle approach to market share. A 20-basis-point fee places the proposed Solana Staking ETF at or below the lower end of the fee spectrum that helped bitcoin ETFs achieve mass adoption, and it lands amid a broader “fee-first” arms race that has repeatedly proven decisive in ETFs’ opening months. Balchunas has long argued that “low fees have an almost perfect record in attracting investors,” a pattern that crypto ETPs have closely followed.

What happens next will hinge on two tracks. Procedurally, the SEC must allow updated S-1s to go effective before trading can begin; practically, the shutdown will dictate when staff can finalize those reviews. Strategically, Bitwise’s decision to enshrine staking in the fund’s name and to lead with an ultra-low fee sets the competitive tone for rival Solana filings, and—once Washington reopens—positions the product to capitalize on pent-up demand the moment the window clears.

In parallel to Bitwise, other spot SOL issuers on the SEC’s docket include VanEck, 21Shares, and Canary—each facing final 240-day decision dates on October 16, 2025—alongside Grayscale’s proposed conversion of its Solana trust, which carries an earlier October 10, 2025 deadline. Franklin Templeton’s final date is November 14, 2025, Fidelity’s is December 5, 2025, and an Invesco Galaxy product runs to April 16, 2026. These dates reflect the SEC’s 19b-4 clock that began when Cboe first filed to list the SOL ETFs; S-1 effectiveness would still be required for trading to commence.

At press time, SOL traded at $227.

Председатель Банка России Эльвира Набиуллина назвала три вариант использования цифрового рубля, которые считает главными: бюджетные выплаты, развитие смарт-контрактов и трансграничные платежи.

Председатель Банка Франции Франсуа Вильруа де Гало (François Villeroy de Galhau) призвал Европейский союз предоставить Европейскому управлению по ценным бумагам и рынкам (ESMA) право контролировать криптовалютные компании в странах ЕС.

Российские банки получат разрешение властей на работу с криптовалютами, но со строгими ограничениями по размеру капитала и нормативам резервирования средств, сообщил первый зампредседателя Банка России Владимир Чистюхин.

Crypto analyst RLinda had previously predicted that the Dogecoin price was headed for a correction. This comes after the meme coin rallied alongside Bitcoin, moving more than 10% to cross the $0.27 target in good time. However, there was a significant amount of resistance that was being mounted at this level, triggering the first wave of corrections. This correction is what the analyst predicted, and with the price nearing the support level, we take a look at the rest of the forecast.

The Reason For The Pullback

In the analysis, which was shared on the TradingView website, RLinda highlighted the fact that the initial Dogecoin price rally was the result of a breakout from downward resistance. The resulting rally had pushed the altcoin upward, ultimately landing on its local maximum price of $0.27. The next phase was simply correction and consolidation as bulls struggled to find firm ground.

The Dogecoin price retracement was further fueled by the Bitcoin price slowdown after hitting a new all-time high. Bitcoin had encountered resistance just above $126,000, and the result was a beatdown back into the $121,000 territory. Naturally, the performance of altcoins in comparison to Bitcoin is always heightened. Hence, altcoins suffered more losses than the leading cryptocurrency.

There has always been a lot of profit-taking in the market, as investors are now more inclined to pull out profits quickly due to the market performance over the last year. Given this, there is now increased bearish pressure at the local maximum price level, making it the target to beat if the Dogecoin rally is to continue.

Where Dogecoin Price Is Headed Next

With the sell-offs mounted at $0.2653-$0.2694, which the analyst predicted, the Dogecoin price has been beaten back down toward $0.2466, known as the first support level. There is demand around this area, meaning there is the possibility that a bounce will form from here.

However, there are still other support levels that bears could test to show dominance in the market. The other two targets outlined in the analysis are $0.2431 and $0.2376. Both of these lie at demand levels and carry very high chances of a reversal. If this level holds, then there is a possibility that the price bounces back to $0.28.

“The support zone that is of interest to the market is 0.2466, and this zone is quite capable of stopping the decline,” the analyst explained. “A false breakdown and holding the price above 0.246 – 0.243 may renew interest in growth.”

Рост цены биткоина за последний год с $60 000 до более чем $120 000 рекордно увеличил число инвесторов с портфелями от $1 млн, сообщили эксперты программы Squawk Box канала CNBC.

Суверенный фонд благосостояния Люксембурга (FSIL) выделил 1% из своих $900 млн для инвестиций в спотовые биржевые фонды на биткоин, сообщил руководитель казначейства Люксембурга Боб Киффер (Bob Kieffer).

Сооснователь биржи BitMEX Артур Хейс (Arthur Hayes) усомнился во влиянии четырехлетних циклов на цену биткоина и связал рост стоимости первой криптовалюты с макроэкономическими факторами.