- Equity Mates: Crypto
- Posts
- 🚨Red Lights!
🚨Red Lights!
This Week in Crypto
🔥There’s one week to register for our LIVE Webinar! Are you joining us?
🎙️This week in crypto, the Fed’s expected rate cut kept markets calm, until whispers of a classic Red September sell-off started to spread.
Meanwhile, BNB made headlines by breaking through the $1,000 mark, though not without fresh rumors swirling around Binance.
And in wallet news, MetaMask has finally confirmed what many have been waiting for: the launch of its own native token, MASK.
This is Tracey & Blake, and you’re listening to Crypto Curious🚀
Markets at a glance.
X marks the spot.
Good articles.
Crypto absorbed its largest liquidation shock of 2025, with the heaviest single-day wipeouts since summer 2023 for ETH and SOL and the biggest since June for BTC, triggering a sharp, sentiment-driven downdraft across majors and large-cap altcoins.
Crypto infrastructure startup Zerohash has raised $104 million in funding with backing from financial firms including Morgan Stanley and SoFi, CNBC has learned.
Wall Street giant Morgan Stanley confirmed that it plans to offer crypto trading via E*Trade in a team-up with infrastructure provider Zerohash.
This time last year in crypto.
🔍 What Was Going On ~25 September 2024?
On 25 September 2024, crypto was holding onto a surprisingly strong September run, defying its usual seasonal weakness. Bitcoin was steady in the mid-$60K range, supported by the Federal Reserve’s recent interest rate cuts that reignited appetite for risk assets. Ethereum traded just above $2.5K, while altcoins showed renewed strength, with the broader market starting to break out of months of consolidation. Investor mood was cautiously upbeat, driven by both macro tailwinds and the sense that crypto was edging further into mainstream finance.
Momentum was reinforced by regulatory and institutional progress. The SEC’s approval of options on spot Bitcoin ETFs marked a major milestone, while traditional players like BNY Mellon expanded custody offerings. Industry buzz from events like Token2049 also helped fuel fresh narratives, with AI-linked tokens, layer-2 scaling, and upcoming protocol upgrades catching traders’ attention. By late September 2024, crypto wasn’t just weathering the month — it was setting up a tone of optimism for the final quarter of the year.
In Other Crypto News!