Crypto Pulse—Trending Topics

Overview The Federal Reserve put its piece of the US stablecoin framework on the table on September 24, asking for public comment on two proposals implementing the GENIUS Act. According to the Board's announcement, the first proposal would require Board-supervised payment stablecoin issuers to fully back their tokens with permissible reserve assets such as short-term Treasury bills and other high-quality liquid assets, while setting standardized capital requirements, risk management standards an

Overview US spot Bitcoin ETFs staged one of the sharpest flow reversals of the year over the final two weeks of September. The funds shed $450.4 million on September 15, their worst session since June, then ran seven consecutive days of net creations from September 17 worth roughly $3 billion, dragging 2026 net flows back above zero. For anyone tracking institutional demand, the daily flow table has stopped being a sidebar and become the primary read on who is actually buying. Flows matter becau

Overview Fair Isaac (NYSE: FICO) was among the heaviest decliners in the US market on September 29, closing at $630.32, down 25.04% on the day according to Yahoo Finance historical pricing. The trigger was not an earnings miss. It was a social media post published the evening of September 28 by Federal Housing Finance Agency Director Bill Pulte, stating that Fannie Mae and Freddie Mac would collapse their two separate mortgage pricing grids into one, with VantageScore joining the existing FICO C

Indonesia’s crypto trading activity improved in August 2026. Spot transaction value was reported at IDR 17.6 trillion, approximately 16% higher than IDR 15.2 trillion in July. Crypto derivatives expanded even faster, rising from IDR 3.74 trillion to IDR 5.98 trillion.That monthly rebound did not erase the weakness accumulated earlier in the year. Spot transactions from January through August 2026 reached approximately IDR 175.4 trillion, down 46% from IDR 324.7 trillion in the corresponding peri

Overview AMD agreed on September 28 to acquire AI research lab World Labs in an all-stock transaction valued at roughly $8.2 billion, the company's second-largest deal ever behind its 2022 purchase of Xilinx. The market did not applaud. AMD closed at $607.87, down about 3.61%, three sessions after setting a record close of $630.63. Price and logic parted ways. Strategically, a chipmaker buying a frontier model lab is buying a multi-year read on how workloads will evolve, which is the single hard

Overview Tesla closed at $357.45 on September 28, down 3.94% from the prior session's $372.11, and the move had two distinct drivers rather than one. J.P. Morgan analyst Rajat Gupta cut his third-quarter delivery estimate to 482,000 vehicles from 516,000 and lowered his price target to $415 from $445. Hours later, Tesla pushed its next-generation Roadster reveal from October 1 to October 15. Delivery figures land on Friday, October 2. The more interesting question is not how wide Wall Street's e

Overview Nvidia closed at $230.61 on September 28, up about 2.5% on the session, and the catalyst was a capital return announcement rather than a product or earnings event. According to Nvidia's newsroom release, the board authorized an additional $150 billion under the existing repurchase program, lifting the remaining total authorization to $235 billion, with the company expecting to execute the full amount through fiscal 2028. It is the largest single increase to a buyback authorization on re

Overview Staff at the SEC's Division of Corporation Finance published a set of frequently asked questions on crypto assets on September 25, translating the framework the Commission issued in March into answers about specific situations. The market picked it up immediately because the four situations it covers are the four that token issuers have found hardest to resolve over the past two years: buyback programs, staking receipt tokens, development work that continues after a network goes live, a

Overview Prediction markets have moved off the terrain of elections and sports and onto Wall Street's home ground. Reuters reported on September 28 that, according to an analysis blockchain research firm Allium prepared for the news agency, Polymarket International has seen more than $220 million wagered across roughly 31,000 equity-linked markets since it launched individual stock markets last October. Nearly 60% of that volume sat in contracts tied to single-stock moves, with Nvidia, Google pa

Overview Coinbase Derivatives asked the Commodity Futures Trading Commission on September 18 to approve a family of cash-settled perpetual futures referencing U.S.-listed stocks and ETFs. COIN shares rose more than 11% that day. It is the first formal U.S. regulatory request to apply crypto's most developed derivatives structure to individual equities, and it has pushed a long-running definitional confusion into plain view. Stock perpetual futures, tokenized stocks and actual shares can all disp