PASSIVE INCOME SEEKER, FREELANCER, CONTENT CREATOR . EARN FREE MONEY FREE CRYPTO.
GET PAID TO POST LIKE REPOST COMMENT. CLICK THE LINK BELOW TO JOIN
https://t.co/LH5gDgv0dP
The initiative involves Bank of Montreal, CIBC, National Bank of Canada, Royal Bank of Canada, Scotiabank and TD Bank Group, according to a joint announcement from the banks on Tuesday.
Canada’s six largest banks are jointly exploring a system for tokenized Canadian dollar deposits that would allow digital representations of bank deposits to move between financial institutions.
On Tuesday, 21shares listed its physically backed Zcash ETP on Euronext Paris and Amsterdam, allowing investors to gain exposure to ZEC through brokerage accounts without holding the cryptocurrency directly.
European asset manager 21shares has launched the region’s first exchange-traded product tied to Zcash, extending the privacy coin’s reach into regulated markets following its strong performance over the past year.
Last week’s US Senate failure to advance a digital asset market structure bill could light a fire under cryptocurrency industry groups seeking to sway key congressional races in the 2026 US midterm election that‘s just 42 days away.
Senators on Sept. 15 voted 49 in favor and 50 against advancing the Digital Asset Market Clarity (CLARITY) Act, significantly reducing the chances of Congress passing the legislation with limited days in session before 2027.
The European System of Central Banks (ESCB) called for removing rules requiring at least 30% of reserves, or 60% for significant stablecoins, to be held as bank deposits.
The European Central Bank (ECB) and EU central banks want to replace mandatory bank-deposit thresholds for stablecoin reserves with new liquidity requirements, arguing that large stablecoin deposits could create liquidity risks for banks.
The immediate structure is a test of the $2,710–$2,720 support cluster. The broader positive weekly trend (+13%) and sustained spot ETF inflows provide a bullish backdrop, but price action is currently dominated by the FTX overhang narrative and technical resistance.
Ethereum is down 1.64% to $2,711.19 in 24h, underperforming a slightly softer broader market, primarily driven by concerns over a large potential supply overhang from the FTX bankruptcy estate.
The dip is a combination of a specific fear (FTX estate) and a technical pause after a strong weekly rally. The underlying institutional demand via ETFs remains intact.
ETH was rejected from the key $2,800 resistance level,a psychological&technical barrier. Concurrently,order book data from Sept 22 showed a 15.3% "ask tilt" – $87.5M in asks vs.$64.4M in bids within a 2% price range – indicating more immediate selling interest than buying support
While not a direct market sale, such large OTC moves are interpreted as preparatory steps for liquidation, creating a fear of future selling pressure that weighs on current prices.
The FTX bankruptcy estate transferred 27,372 ETH (worth ~$75 million) to market maker Wintermute on September 23, as reported by https://t.co/zHIGlpPEWg.
Bitcoin (BTC) traded around $86,000, up about 4.5% over the past 24 hours, according to CoinGecko. Ether (ETH) gained about 2.3% to $2,745, while XRP rose 5.7% to $1.53 and Solana (SOL) advanced 3.6% to $117. BNB gained 1.6%
The cryptocurrency market cap briefly climbed back above $3 trillion earlier on Tuesday as Bitcoin and the biggest altcoins extended a broad rally, while increasing leverage pointed to growing speculative activity.
Ben Nadareski, CEO of Solana-based decentralized finance platform Solstice, said crypto markets are unlikely to return to the extreme boom-and-bust cycles as deeper liquidity brings stability to digital assets.