
Crypto news digest for September 10, 2025
Market Movers & Token Highlights
Nasdaq invests $50M in Gemini and backs tokenized securities
Nasdaq is making a major play into blockchain by injecting $50 million into Gemini, tied to Gemini’s upcoming IPO aiming to raise over $300 million. Additionally, Nasdaq filed with the SEC to enable tokenized security trading on its platform—potentially bridging traditional stocks with blockchain-based assets. (Investors, Reuters)Cryptocurrency Treasuries Face Backlash
Companies that accumulated crypto as treasury assets are seeing investor sentiment sour. Strategy's shares dropped 18%, while Metaplanet and Smarter Web Company plunged dramatically by 68% and 70% respectively. Even Trump’s Alt5 Sigma crypto treasury reportedly tumbled 35%. Analysts warn of risks when market cap falls below crypto holdings. (Financial Times)Crypto Markets Rally on Fed Rate Cut Expectations
Bitcoin climbed 0.8% to ~$112,937, Ethereum rose 0.9%, XRP jumped 2.6%, Solana surged 3.8%, and Dogecoin gained 2.9%. A standout mover: Worldcoin soared 56%, fueled by backing from Eightco’s massive stock sale to fund its purchase. (Barron's)Leadership Shakeup at CoinDCX
CoinDCX, a major cryptocurrency exchange, saw both its CHRO (Mudita Chauhan) and CISO (Sridhar G) resign—marking another wave of executive departures at the company. (The Economic Times)Indian Crypto Investors Demand Regulation
A recent Mudrex survey finds 93% of Indian crypto investors want regulatory clarity, while 84% view current taxation as unfair. India remains a global leader in grassroots crypto adoption for the third year in a row. (The Economic Times)
Emerging Tokens & Presale Buzz
Layer Brett (LBRETT) steals the spotlight as the “best crypto to buy now.” An Ethereum Layer-2 meme coin with high staking rewards (~850% APY) and presale price of $0.0055, it targets 40x–50x returns—drawing comparisons to early Shiba Inu or Pepe Coin surges. (Indiatimes)
Remittix (RTX) emphasizes real-world utility over hype, raising over $24M with planned CEX listings (e.g., BitMart), and launching a PayFi wallet for seamless global payments. Its real-world application focus positions it as a standout high-potential presale. (Indiatimes)
Snapshot Summary
Category | Key Developments |
---|---|
Institutional & Regulation | Nasdaq moves into tokenization; Indian investors call for crypto regulation. |
Market Behavior | Major cryptos rally amid rate-cut optimism; crypto treasury firms face losses. |
Project Trends | Layer Brett and Remittix lead presale hype with high reward cases and real-world solutions. |
Industry Health | CoinDCX leadership exits highlight management churn in exchanges. |
Disclaimer: This is general information only and not financial advice.