Crypto.com has launched its AI-powered Agent SDK, a software tool designed to simplify blockchain interactions. Currently, in beta, the SDK allows users to give natural language commands to perform blockchain functions. It means users can issue commands like ‘Create a new wallet’ or ‘Send 100 PayPal USD to Alice’ without needing to write complex code. The tool processes these commands using AI, making blockchain technology more accessible.
The SDK is versatile and can be integrated into platforms such as Telegram, Discord, or custom interfaces, offering developers and non-technical users a seamless way to interact with blockchain networks like Cronos. Crypto.com President Eric Anziani emphasised the potential of combining AI with blockchain, stating that this innovation aims to make Web3 more approachable to a wider audience.
As the AI Agent SDK evolves, Crypto.com plans to expand its functionality to support various blockchain ecosystems. This initiative reflects the broader trend of merging AI with blockchain to simplify and democratise access to decentralised technology.
On 26 September, Bitcoin exchange-traded funds (ETFs) in the US experienced a surge in inflows, with ARK 21Shares leading the way. ARKB brought in $113.8 million, contributing to the total net inflow of $287.8 million across 12 spot Bitcoin ETFs. BlackRock’s IBIT added another $93.4 million, continuing its four-day streak.
Other major players such as Fidelity, Bitwise, and VanEck also contributed significant sums, with their ETFs attracting millions in new investments. However, Grayscale’s GBTC was the only Bitcoin ETF to record outflows, seeing $7.7 million leave the fund.
Total trading volume for Bitcoin ETFs tripled to $2.43 billion on 26th September, reflecting a surge in investor interest. In contrast, spot Ethereum ETFs faced bearish conditions, with Grayscale’s ETHE leading net outflows of $675,000. Despite this, BlackRock and Fidelity’s Ether ETFs saw some positive inflows.
Binance, the largest cryptocurrency exchange globally, made a significant announcement today regarding its latest altcoin addition. The platform revealed that it will list Worldcoin (WLD) in its futures market, offering traders the ability to trade with 20x leverage.
This new feature allows users to increase their potential returns by borrowing funds to trade Worldcoin. Binance’s decision to include Worldcoin in its futures offerings is likely to attract attention from both experienced traders and those looking for new opportunities in the cryptocurrency market.
With Worldcoin now available in leveraged futures trading, Binance continues to strengthen its position as a leading exchange, providing users with innovative ways to engage in cryptocurrency trading.
TRON DAO recently took centre stage as the title sponsor at TOKEN2049 Singapore, the largest Web3 conference globally, held at Marina Bay Sands. During the event, Community Spokesperson Dave Uhryniak delivered an enlightening keynote about TRON’s commitment to enhancing blockchain security. He announced the establishment of the T3 Financial Crime Unit (T3 FCU) in collaboration with Tether and TRM Labs, aimed at combating illicit activities involving USDT on the TRON blockchain.
The conference brought together prominent figures from the crypto industry, fostering discussions on innovation and growth in the digital asset space. TRON founder Justin Sun delivered opening remarks at multiple events, including an afterparty co-hosted with HTX DAO, which featured live music, complimentary refreshments, and a lively atmosphere for attendees to network and celebrate.
In addition, TRON DAO supported Google Cloud’s event titled ‘AI and Web3: Building a Trusted Digital Future,’ where Sun discussed the transformative potential of merging AI and blockchain technologies. The DAO also participated in Crypto Fight Night, highlighting the resilience of builders in the TRON ecosystem through a unique boxing tournament that integrates cryptocurrency.
TRON DAO’s involvement in TOKEN2049 emphasises its dedication to community empowerment and innovation, positioning the organisation as a leader in the evolving blockchain landscape.
Guggenheim Treasury Securities (GTS) has entered the blockchain arena by issuing $20 million in Digital Commercial Paper (DCP) on Ethereum, receiving a strong P-1 credit rating from Moody’s. This move is facilitated through the AmpFi.Digital platform, developed by Zeconomy, which focuses on tokenisation services for qualified investors. Zeconomy’s CEO, Giacinto Cosenza, expressed excitement about addressing the need for secure blockchain solutions, especially as the market for tokenised US treasuries now exceeds $2 billion.
The increasing interest from traditional finance firms highlights a shift towards digital assets, with significant participation from players like BlackRock and Franklin Templeton. BlackRock’s tokenised fund BUIDL has a market cap of over $513 million, while Franklin Templeton’s FOBXX follows closely behind. Cosenza noted that recent developments, such as the approval of crypto exchange-traded funds in the US, underscore a growing institutional demand for crypto solutions.
Ethereum continues to play a key role, with nearly $1.6 billion of all tokenized US treasuries issued on its platform. Meanwhile, Solana is making strides in the space, holding 5.5% of the tokenised US government securities market. Firms like Franklin Templeton and Citigroup are now looking to Solana for future financial products, indicating the blockchain’s potential for growth and innovation in digital finance.
Solana has emerged as the leading blockchain in terms of daily active addresses, surpassing established players like Bitcoin and Ethereum. Recent data reveals that Solana recorded 3.04 million active addresses, showcasing its increasing traction in the blockchain space. In comparison, Toncoin and Tron also showed impressive numbers with 2.89 million and 2.5 million active addresses, respectively, highlighting their growing ecosystems and user engagement.
While Bitcoin and Ethereum maintain strong market positions, their daily active addresses lag significantly behind newer competitors. Bitcoin registered about 779,650 active addresses, while Ethereum saw around 417,900. This trend suggests that newer blockchains may be drawing users away, likely due to factors such as lower transaction fees and faster processing times.
Other noteworthy blockchains, including Litecoin, Algorand, Dogecoin, and Avalanche, displayed varying levels of daily activity, reflecting a diverse landscape in user engagement. As blockchain technology continues to advance, the competition among these networks is set to intensify, potentially reshaping the future of digital asset interactions.
While Bitcoin offers an alternative way to purchase goods and services, most countries do not recognise it as legal tender. Only two countries, El Salvador and the Central African Republic, have officially adopted Bitcoin. El Salvador’s adoption, in particular, has seen economic improvements in areas like tourism and public investment, with the country’s Bitcoin treasury currently $58 million in profit.
Experts suggest that Bitcoin’s widespread use could reshape global economies, especially in regions like Africa and Latin America, where multiple currencies complicate trade. However, researchers caution that the financial system would need a major overhaul before Bitcoin could be used effectively as a mainstream currency.
Despite challenges such as volatility, some analysts believe Bitcoin’s mainstream adoption would bring benefits, including increased financial inclusion and reduced payment-processing costs. However, widespread acceptance is still dependent on Bitcoin first establishing itself as a store of value.
Bitcoin has retested the $65,000 resistance level, driven by continued accumulation from whales and sharks. The cryptocurrency has surged by over 21% this month, signalling a technical bull market. MicroStrategy, the largest corporate Bitcoin holder, has played a pivotal role in this push, purchasing an additional $458 million worth of Bitcoin and bringing its total holdings to 252,220. Institutional investors have also been active, with over $600 million inflows into Bitcoin funds this month.
Several factors are behind these gains, including falling interest rates, increased global money supply, and stimulus measures like China’s plan to inject $142 billion into its economy. Investors increasingly turn to Bitcoin as a hedge against rising US public debt, which has now surpassed $35.4 trillion. Technical indicators, such as the formation of an inverse head and shoulders pattern and a rising RSI, point to strong momentum building.
Despite this positive outlook, Bitcoin’s next key test lies in overcoming a critical descending trendline that has persisted since March. A clear breakout above this line must confirm a sustained bullish rally.
Visa has launched a new platform to help banks test tokenized assets and smart contracts, marking a significant step in its growing involvement in the digital asset sector. The payment giant’s tokenised asset sandbox has already been trialled by Spain’s Banco Bilbao Vizcaya Argentaria, to guide banks in navigating the evolving financial landscape. Visa’s initiative is part of a broader push to integrate fiat-backed tokens into the blockchain, offering regulated solutions for banks to issue their tokens and engage in on-chain capital markets.
Cuy Sheffield, Visa’s Head of Crypto, highlighted the growing opportunity for banks as real-world assets become tokenised on blockchains. He stressed that a regulated approach is essential, ensuring customers can access these digital markets safely. Visa’s move aligns with trends in traditional finance, where firms like BlackRock see immense potential in tokenising financial assets, a development that could revolutionise the industry. Central Banks are also exploring how tokenisation can modernise finance, with Visa playing a key role in advancing this transition.
Stablecoins are expected to lead the push for institutional adoption of cryptocurrency across Asia, according to Michael Gronager, CEO of Chainalysis. Speaking at the Token2049 conference in Singapore, he highlighted how stablecoins, whose value is tied to assets like the US dollar, are becoming a fundamental part of crypto trading. These digital assets account for two-thirds of blockchain transactions and are seen as a stable medium for both trading and storing value.
Despite Asia’s rapid uptake of crypto, with five countries in the top ten of Chainalysis’ Global Adoption Index, the US remains the most influential market. Gronager explained that much of the global trading volume originates from the US, and the industry continues to watch US regulators closely for signals on crypto policy.
Looking ahead to the upcoming US elections, Gronager believes the result will not significantly impact the crypto landscape, whether Donald Trump or Kamala Harris wins. Instead, he predicts that moving beyond the election will bring stability to the sector.
