The Solana Alpenglow upgrade replaces TowerBFT and proof-of-history with Votor and Rotor, slashing transaction finality to ~150 milliseconds and boosting throughput ~100x. Approved by >98% of participating validators, the upgrade
El Salvador will host a government-backed Bitcoin conference this November as officials push a new, more institutional phase of their long-running crypto experiment. Government Organizes Bitcoin Histórico According to government releases and reports, the event—called Bitcoin Histórico —will run on November 12–13, 2025, at the National Palace in San Salvador. Organizers say the National Bitcoin Office is behind the program. Names tied to the speaker list include Ricardo Salinas, Jeff Booth, Max Keiser, Jack Mallers, Pierre Rochard, Stacy Herbert and Jimmy Song. Ticket prices posted for the event start at about $350 for standard passes and rise to $2,100 for VIP access. Organizers plan panels, keynotes and a citywide program that mixes talks with cultural events. Policy Shift And IMF Deal Based on reports, the conference comes as El Salvador adjusts its approach to Bitcoin after signing an IMF agreement worth roughly $1.4 billion. Under terms publicized earlier this year, Bitcoin was removed as legal tender and merchant acceptance was made voluntary. At the same time, government statements and filings show officials have not abandoned Bitcoin entirely; rather, they appear to be reshaping how the state uses the asset. State Bitcoin Holdings And Security Reports have disclosed the country’s Bitcoin purchases continue. Officials have been buying at a steady clip—often described as about one coin per day—bringing total holdings to over 6,200 BTC. Some transfers and security moves have been public. Reserves were moved into multiple addresses and other steps were taken after worries about future cryptographic threats were raised. Those actions were described as efforts to protect state assets against emerging risks . Institutional Push And New Rules Analysts and local lawmakers point to a new regulatory frame that allows well-funded firms to register as crypto investment banks for sophisticated investors. The shift signals an intent to attract larger players, not just individual users. Conference themes listed by organizers include monetary independence, Lightning Network scaling and geothermal-powered mining, with a clear emphasis on technical and institutional topics rather than mass retail adoption. What The Conference Could Mean Observers say Bitcoin Histórico will serve two jobs at once: it will promote tourism and local commerce, and it will act as a signal to investors that El Salvador plans to keep Bitcoin in its national story while changing how the asset is used. The choice of the National Palace as a venue is symbolic. The timing—coming after the IMF deal and after public moves to bolster wallet security—adds weight to the message. Featured image from El Salvador Travel, chart from TradingView
The Dogecoin price is at a significant decision point on the chart, and according to a new analysis posted on TradingView, the next move could be explosive. The popular token is trading above a key support area that it has repeatedly tested. If buyers continue to defend this structure, the top memecoin has room to rally higher. However, if the support fails, the bullish outlook could fade rapidly, leaving Dogecoin vulnerable to a deeper pullback. Dogecoin Price Holds Critical 0.5 Fibonacci Support According to the TradingView analyst, Dogecoin is consolidating just above the $0.214 level, which matches the 0.5 Fibonacci retracement and the ascending trendline support. The analyst described this support as a “make-or-break” zone for the Dogecoin price. If bulls can keep the price steady here, it may give them the strength to push higher. Related Reading: Crypto Adviser For The Ultra Wealthy Tells XRP Investors What To Do As Coins Turn To Real Money The 0.214 area is essential as it combines two key supports simultaneously: the Fibonacci 0.5 level and the rising trendline. According to the analyst, this means buyers must hold firm to keep control. The Stoch RSI indicator is also resetting in the middle zone, which shows the market has room for momentum in either direction. In simple terms, it signals that a bigger move could be coming soon, depending on whether buyers or sellers take control first. This zone is now watched closely by traders. Holding above it suggests that buyers are still in charge. Falling below it, however, would open the door for a deeper test of lower levels. Bounce Could Target $0.278, Breakdown Risks $0.197 The analyst notes that if bulls succeed in defending the 0.214 level, Dogecoin could bounce toward the $0.278 resistance zone. This level they described as a central horizontal supply zone, where sellers may attempt to halt the rally. Breaking past it would confirm strength from buyers and could drive fresh momentum into the market. Related Reading: Analyst Forecasts Bitcoin Price Will Break This Support Level, Can $100,000 Hold? The analyst cautions about the risks at play here. If the structure fails and price breaks down from the 0.214 area, the next necessary support lies near $0.197, known as the golden pocket. Falling under this level would cancel the bullish outlook and push the price toward the deeper retracement zone at $0.173. The analyst says that Dogecoin’s next direction depends on how the price reacts at this level. Bulls need to hold their ground if they want to trigger a run toward higher levels. Sellers, on the other hand, are waiting for any sign of weakness to lower prices. At this stage, Dogecoin stands at a decisive crossroads. Market watchers are keeping a close eye to see whether bulls can protect the structure and ignite the bounce toward higher resistance, or if sellers will seize control instead. Featured image from DALL.E, chart from TradingView.com
BTC price headed into the month straddling the average cost basis for short-term holders
Strategy increased its annual dividend from 9.0% to 10.0% on September 2, 2025, and announced a 4,048 BTC purchase, bringing holdings to 636,505 BTC. This Strategy dividend increase and Bitcoin
Cred executives Daniel Schatt and Joseph Podulka were sentenced to years behind bars for defrauding customers of the crypto lender, a new press release from the U.S. Attorney’s Office of the Northern District of California shows. Cred Executives Face The Music According to the press release , Schatt and Podulka were sentenced on Friday to 52 months and 36 months in federal prison, respectively, for a wire fraud conspiracy. Daniel Schatt and Joseph Podulka were sentenced to multi-year federal prison sentences for misleading investors about the failing crypto investments of Cred LLC. Customer losses are valued at over $1 billion. Click here to read more: https://t.co/yzxbLeOg3V #FollowTheMoney pic.twitter.com/A2HiQR5Btr — IRS Criminal Investigation (@IRS_CI) September 2, 2025 Schatt and Podulka pleaded guilty to wire fraud in May after being indicted on criminal charges alongside Cred Chief Capital Officer James Alexander early last year. “Daniel Schatt and Joseph Podulka orchestrated a scheme in which they deceived both investors and customers out of their hard-earned funds in an attempt to extend a failing business,” said Acting FBI Special Agent in Charge Matt Cobo. “The FBI is committed to investigating investment fraud schemes targeting cryptocurrency holders and working with our partners to bring fraudsters to justice,” he added. Podulka And Schatt Set To Serve Prison Time U.S. officials allege the duo’s fraud scheme began at the start of the COVID pandemic in March 2020, when Cred’s hedging partner was forced to liquidate all its trading positions following “a sudden and dramatic decrease” in Bitcoin’s value . “The hedging partner then ended its relationship with Cred, leaving Cred with no hedges and no hedging strategy going forward,” the press release reads. “As the conspiracy progressed, Defendants also learned that the Chinese company would not be able to pay back tens of millions of dollars to Cred.” The crypto executives then made “misleading representations” about Cred’s financial situation, with Schatt claiming that the business was “operating normally” during an “Ask Management Anything” session. Schatt and Podulka will begin serving their sentences on October 28 for the crypto-oriented fraud, while a restitution hearing has been set for October 7. The post Ex Cred Execs Get Prison for Crypto Fraud – FBI Details Targeted Scheme appeared first on Cryptonews .
Strategy increased annual dividends for $STRC to 10%
Strategy purchased 4,048 BTC for $449.3 million, bringing its total to 636,505 BTC; the company funded the buy by selling 1.23 million MSTR shares and other assets while Bitcoin and
El Salvador may be looking to sell its substantial Bitcoin reserve in the open market, as on-chain analysis shows major wallet activity. The Central American country is known to own and operate the world’s first state Bitcoin reserve worth more than $600 million under the leadership of President Nayib Bukele, a BTC maximalist. Is the
Crypto.com and Underdog are launching sports prediction markets across 16 U.S. states where gambling on sports is still banned. They’re building a new system that dodges gaming regulators by not calling it betting. Instead, it’s a tradeable contract based on game outcomes, and yes, it’s real money. The structure is simple. Crypto.com’s U.S.-registered derivatives arm, CDNA, will provide the infrastructure. Underdog will run the front-end, where users actually place the trades, using its existing app. There will be no sportsbooks, no odds from a bookmaker, and no need for state betting licenses. Everything runs on pricing from market activity alone. The more people buy into an outcome, the more expensive it gets. If you sell at the right time, you profit. If your outcome wins and the market agrees, you profit. No one takes your bet, because it’s not a bet, it’s a contract. Underdog moves first while others circle the space Underdog is the first sports gaming platform to fully step into this kind of setup. It’s a market space that blends the mechanics of crypto, finance, and sports into a single tradeable product. CEO Jeremy Levine said on CNBC’s Worldwide Exchange that “prediction markets are one of the most exciting developments we’ve seen in a long time,” and added, “While still new and evolving, one thing is clear; the future of prediction markets is going to be about sports, and no one does sports better than Underdog.” Others are watching closely. Platforms like Robinhood, Kalshi, and Polymarket already offer event-based contracts tied to sports, but none have the kind of reach or existing user base that Underdog has in fantasy gaming. On top of that, FanDuel, which is owned by Flutter, recently announced a partnership with CME Group to offer similar financial products. DraftKings boss Jason Robins has also expressed interest on CNBC. What makes Underdog’s deal different is the combination of timing, size, and legal positioning. By using CDNA, Crypto.com’s North American derivatives platform, they’re tapping into a regulatory structure that already exists under the CFTC. That gives them a legal pathway that most traditional sportsbooks don’t have, especially in restricted states. The map of the U.S. tells the story. California and Texas, the two most populous states, still don’t allow legal sports betting. Florida, which ranks third in population, has its gambling system locked up by the Seminole Tribe. The tribe has exclusive rights to run casinos and sportsbooks through its Hard Rock brand. That leaves millions of potential users out of the betting market, and Underdog wants to give them something else to use. Regulators, tribes, and lawsuits can’t stop the contracts… yet This approach is likely to raise eyebrows at both the state and federal levels. The Commodities and Futures Trading Commission hasn’t decided how to classify these contracts yet. Courts are still wrestling with whether prediction markets count as gambling. And questions are being raised about whether they violate state control over gaming laws or infringe on tribal rights under the Indian Gaming Regulatory Act. But as of now, none of that is stopping the rollout. Citizens gaming analyst Jordan Bender, writing in April, said, “prediction markets are too loud to ignore.” Bender estimated the market could hit $555 million in 2025. For comparison, legal online sports betting raked in roughly $16 billion in 2024. Crypto.com’s CDNA, being already registered with the CFTC, is at the center of the launch. Travis McGhee, managing director and global head of capital markets at Crypto.com, said: “We were the first to offer sports events contracts, and our technology partnership with Underdog will provide more access to CDNA’s innovative offerings.” Join Bybit now and claim a $50 bonus in minutes