💵 Bitcoin and Ether Climb Ahead of Fed Rate Cut-Bitcoin and Ether grabbed the spotlight again, jumping to three-week highs on Friday - BTC up 2% to $116,600 and ETH up 5% to $4,650. The rally comes after weeks of traders chasing altcoins like Solana and Dogecoin. Markets are bracing for the Fed’s first rate cut in a year, following Powell’s dovish Jackson Hole remarks. For investors, this is a reminder that when monetary policy shifts, the majors often set the tone for what’s next in crypto. (CoinDesk)

🚀 Solana Breaks $240-In the land of Altcoins, Solana surged past $240, its highest level since January, boosted by fresh institutional flows and bullish trader positioning. With big players like Galaxy and Jump still backing the chain, SOL continues to hold its title as the altcoin institutions actually care about. The rally reinforces Solana’s role as one of the few Layer 1s with true staying power. (Decrypt)

🤝 Binance and Franklin Templeton Partner on Tokenization-Franklin Templeton ($1.6T AUM) and Binance are collaborating to merge tokenization with trading infrastructure, enhancing yields and efficiency in digital assets. This builds on Franklin’s crypto moves, like onchain money market funds. Moreover, it bridges serious TradFi and DeFi, making crypto more accessible and less risky. This could spark a wave of similar partnerships, blending old-school finance with blockchain. (Blockworks)

👛 Tether Unveils USAT 'American' Stablecoin-Tether launched USAT, a U.S.-regulated stablecoin pegged 1:1 to the dollar, amid a booming $287B stablecoin market post-GENIUS Act. It’s designed for American users with full compliance. This boosts stablecoin legitimacy, offering a safer entry to crypto in the U.S. It could also set a precedent for more regulated crypto products. (The Defiant)

📃 Nasdaq SEC Filing to Allow Tokenized Securities-Nasdaq has filed plans to allow stocks to settle as tokenized securities with the same shareholder rights as traditional shares, with optional onchain settlement (yep, you read that right!). This ties into tokenization experiments by Robinhood and Coinbase. This could be a welcome blend of crypto tech with stocks, making traditional assets more efficient and appealing. If approved, it might reshape how we trade stocks entirely. (Blockworks)

📜 SEC Chair Outlines ‘Project Crypto’-SEC Chair Paul Atkins announced Project Crypto, which sets out clearer rules for tokens, staking, and on-chain markets, with the big reveal that most tokens aren’t being treated as securities. He also teased “agentic finance,” AI-driven decision-making in capital markets. What this means is clearer rules, less friction and, hopefully, more institutional capital on the way. The U.S. might finally be catching up to jurisdictions that embraced on-chain markets years earlier. (CoinDesk)

🧾 Gemini IPO Raises $425M at $3.3B Valuation-Gemini officially went public, pricing shares at $28 under the ticker GEMI on Nasdaq. Oversubscribed and backed by Goldman Sachs, the IPO highlights mainstream investor appetite for crypto infrastructure plays. It also sets the stage for other exchanges and crypto firms to follow Coinbase and Gemini onto public markets. (CoinDesk)

👗 Fashion Company Mogu Goes Crypto-Shares in Mogu soared 76% after the fashion company pledged to put $20M into Bitcoin, Ether, and Solana for treasury diversification and AI operations. It’s [Micro]Strategy vibes, but with a fashion twist. Whether this is a seasonal trend or here to stay, non-tech sectors are finding strategic value in crypto exposure. (Decrypt)

🪙 Bitcoin Miners Are Powering AI’s ExpansionBitcoin miners aren’t just hashing blocks anymore, they’re plugging into AI. Core Scientific and others are repurposing cheap energy setups to run Nvidia GPUs, pulling in as much as 25x more revenue per kilowatt-hour than Bitcoin mining alone. This pivot is a new kind of hybrid play: crypto infrastructure fueling the AI boom. (CoinDesk)