💹 Market Highlights
📈 Bitcoin jumped back above $117,000 after the Fed cut rates by 25 bps, calming fears of a bigger crash
📊 On 17 Sept, BTC traded near $116,700 with modest gains, while Ethereum slipped slightly toward $4,000
🐕 Altcoins like XRP, Solana and Dogecoin remain under pressure as traders cut risk
🏛️ Regulation & Policy
🇬🇧 The UK’s FCA sped up crypto approvals, cutting average processing times from more than a year to about 5 months, with nearly half of applications now being accepted
📜 The FCA also plans to exempt crypto firms from some traditional finance rules to create a tailored framework
🤝 The US and UK launched a joint Transatlantic Taskforce on digital assets to align regulation
🇺🇸 In Washington, officials expect a major crypto market structure bill to pass by the end of the year
🏢 Corporate & Infrastructure Moves
💵 Tether is seeking to raise $15–20 billion, targeting a valuation close to $500 billion, and is preparing a US focused stablecoin called USAT
⛏️ Hive Digital Technologies now mines enough Bitcoin to account for about 2% of the global network output
🎉 Fun Fact of the Week
🇺🇸 The US government currently holds around 198,000 BTC from seized assets, forming its very own Strategic Bitcoin Reserve
✨ Stay alert, volatility is creating both risks and opportunities. Smart money management is key!
🚀 Crypto News of the Week (17–24 Sept 2025) was originally published in Coinmonks on Medium, where people are continuing the conversation by highlighting and responding to this story.
