Rabu, 10 September 2025

🥊Ethena jumps into $5B stablecoin brawl


Plus, weak jobs data reignites recession fears and stalls Bitcoin's rally.	͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏	View in browser

September 9, 2025

Your Daily Digest of the 🔥Hottest News in Crypto

Today's top stories

👀 Ethena's stablecoin showdown

⚡ Bitcoin shaken by U.S. jobs shock

📺 The world's first gold-backed crypto dollar

📰 Keep reading for today's biggest headlines & stories

Hyperliquid's $5B Stablecoin Race

Ethena has jumped into the fight for Hyperliquid's USDH mandate, joining Paxos, Frax, Agora, Native Markets, and Sky. That puts six heavyweights in the ring for control of billions in DeFi liquidity. Ethena's pitch? Peg USDH to BlackRock's BUIDL fund and return 95% of reserve revenue to the community.

It's a power play that could reshape Hyperliquid's future.

Get all the Details

Are Tokenized Stocks Really Crypto?

Stock tokens were supposed to bring Wall Street into crypto. Instead, they look more like crypto bending the knee to Wall Street. Robinhood, Kraken, and others dress equities in digital wrappers, but with KYC, whitelisted addresses, and issuer freeze powers, they're hardly decentralized.

The question is whether these tokens can ever evolve into true crypto assets—or if they'll always be securities in costume.

[Cointelegraph Acceleration]

Web3 platform monetizes social referrals: Venues pay only for real visits

This Web3 platform links marketing spend directly to verified customer visits, ensuring venues pay solely for measurable results and performance-driven outcomes.

Find Out More

BTC Wobbles After Market Gut-Punch

The Bureau of Labor Statistics slashed nearly a million jobs from payroll data—the steepest revision in history—and markets buckled. Bitcoin slipped below $111K as traders weighed whether this signals deeper recession risks. The setup echoes the 1990s, when rate cuts fueled a 30% stock rebound.

Will BTC ride the same wave, or crumble under the weight of macro fears?

Check the Outlook

[Accelerator]

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Metaplanet is Selling Stock to Stack BTC

Japan's Metaplanet is doubling down on its pivot from hospitality to Bitcoin treasury. The company plans to issue 385M new shares—raising $1.44B—to buy more BTC. It's a bold move to fight inflation and debt, but comes at a cost: shareholder dilution. With every new raise, the bet gets bigger—and so does the risk.

Inside the World's First Gold-Backed Crypto Dollar

From Bishkek's streets to mountain villages, Kyrgyzstan is testing a bold experiment: the world's first gold-backed crypto dollar, USDKG. Backed by the government and tied to gold reserves, it's a stab at transforming a cash-based economy into a crypto-powered nation. Cointelegraph's documentary goes inside the experiment—meeting leaders, locals, and skeptics—to ask whether Kyrgyzstan could become crypto's next unlikely frontier.