Foresight Ventures Launches $50 Million Stablecoin Infrastructure Fund

Bitcoin is on the rise, surpassing the $115,000 mark and approaching key resistance levels. This surge has reignited optimism among traders, who are hopeful for a bullish breakout that could lead to new all-time highs. The market's momentum suggests a strong ongoing bull trend, making it an exciting time for investors and enthusiasts alike.

CEX.IO's recent report highlights a remarkable surge in stablecoin adoption, marking the highest quarter ever recorded. This growth is significant as it reflects increasing confidence in digital currencies, even as automated trading bots continue to dominate transaction volumes. Understanding these trends is crucial for investors and market participants as they navigate the evolving landscape of cryptocurrency.

HBAR, the native token of Hedera, has recently broken through key resistance levels, gaining 4% in value. This surge is attributed to strong institutional support, highlighted by partnerships with major players like SWIFT and Citi, as well as involvement in Wyoming's stablecoin pilot. These developments not only boost investor confidence but also signal a growing acceptance of Hedera in the financial ecosystem, making it a noteworthy player in the cryptocurrency market.

A recent report reveals that over 70% of stablecoin transactions in the third quarter were linked to bots, highlighting their significant role in the market. Despite this dominance, the number of transfers under $250 reached record highs, suggesting that 2025 could be a landmark year for retail stablecoin usage. This trend is important as it indicates growing interest and activity in the stablecoin space, potentially leading to more widespread adoption and innovation.

Tether, the issuer of the popular stablecoin USDT, has made a significant move by purchasing 8,888 bitcoins worth around one billion dollars. This decision underscores Tether's long-term strategy, highlighting the growing importance of Bitcoin as a key asset among major players in the market. As digital gold gains traction, this acquisition signals a strong belief in Bitcoin's future value, making it a noteworthy development in the cryptocurrency landscape.

Tether is making a significant move by partnering with Rumble to distribute its newly launched USAT stablecoin in the U.S. This collaboration marks Tether's return to the American market and highlights the growing acceptance of stablecoins in mainstream finance. By leveraging Rumble's platform, Tether aims to reach a broader audience, which could enhance the adoption of digital currencies and provide more options for users in the evolving financial landscape.

ADI Chain is making waves by joining the ZKsync Elastic Network, marking a significant step in the blockchain space. This integration will support the upcoming UAE dirham-backed stablecoin, which is expected to enhance financial transactions in the region. The move not only showcases the innovative Airbender technology but also highlights the growing importance of stablecoins in providing stability and efficiency in digital finance. This partnership could pave the way for more robust financial solutions in the UAE and beyond.

MEXC has significantly increased its investment in Ethena to $66 million, coinciding with a remarkable surge in stablecoin inflows that reached $45 billion. This expansion not only highlights MEXC's confidence in the cryptocurrency market but also reflects a growing trend of investment in digital assets, which is crucial for the industry's development. As more capital flows into stablecoins, it indicates a robust interest in cryptocurrency trading and stability, making this a pivotal moment for investors and the market as a whole.

Circle Internet Group and Deutsche Börse Group have teamed up to enhance the adoption of stablecoins in Europe. This partnership is significant as it reflects a growing acceptance of digital currencies in traditional finance, potentially leading to increased stability and innovation in the European financial landscape.

Algorand is gearing up for a significant October with two promising developments: a new stablecoin bridge in collaboration with Allbridge and a shift in leadership. This partnership aims to enhance liquidity on the Algorand network, which could attract more investors and traders. The stablecoin bridge is expected to launch in the fourth quarter of 2025, setting the stage for potential growth and increased activity within the ecosystem. This news is crucial as it not only highlights Algorand's innovative approach but also positions it favorably in the competitive blockchain landscape.

Visa is taking a significant step towards modernizing cross-border payments by launching a stablecoin prefunding pilot through its Visa Direct platform. This initiative aims to enhance the speed and flexibility of international transactions, marking the first time stablecoins will be utilized in this context. This move is important as it could streamline payment processes for businesses and consumers alike, making global commerce more efficient.

Visa is making waves in the financial world by launching a new stablecoin liquidity pilot aimed at modernizing legacy payment systems. This initiative is significant as it could enhance transaction efficiency and reduce costs for businesses and consumers alike. By embracing stablecoins, Visa is positioning itself at the forefront of digital finance, potentially transforming how we think about payments in the future.

In September, prediction markets surged in popularity, with trading volume skyrocketing to $4.28 billion, indicating a growing interest among crypto enthusiasts. This rise comes as Solana's memecoin trading experiences a downturn, leading many to speculate whether prediction markets are becoming the new playground for risk-takers seeking excitement and profit. This shift could reshape the landscape of crypto trading, highlighting the evolving strategies of investors.

Shiba Inu is at a critical juncture as it approaches a key demand zone on the SHIB/USDT chart, according to analyst CryptoNuclear. This area, which has historically supported the price since 2022, is seen as a make-or-break level for the cryptocurrency. If Shiba Inu can maintain its position above this range, it could lead to significant upward movement; however, a drop below could signal a decline in market structure. This situation is crucial for traders and investors as it could define the trajectory of Shiba Inu in the upcoming months.

US lawmakers are expressing serious concerns over the SEC's oversight following the disappearance of critical data related to former chair Gary Gensler. This situation raises questions about the integrity of enforcement actions and the transparency of regulatory processes. The loss of such data could undermine public trust in the SEC, which is crucial for maintaining a fair and orderly market. As lawmakers demand accountability, this incident highlights the ongoing scrutiny of regulatory bodies and their impact on investor confidence.

Senator Ron Wyden, a prominent Democrat, is continuing his investigation into the tax practices of Pantera Capital founder Dan Morehead. This probe is significant as it highlights ongoing concerns regarding tax compliance among high-profile investors and the broader implications for financial regulation. The outcome could influence future policies and set a precedent for how similar cases are handled.

Today's crypto news highlights the latest trends and events affecting Bitcoin prices and the broader cryptocurrency landscape, including blockchain developments, DeFi innovations, NFT activities, and Web3 advancements. Staying updated on these topics is crucial for investors and enthusiasts alike, as they can significantly influence market dynamics and regulatory discussions.

REXShares is making a significant move by filing with the SEC to launch the BitMine Growth and Income ETF, which will provide investors with direct exposure to BMNR stock. This initiative is important as it opens up new investment opportunities in the cryptocurrency sector, allowing more people to participate in the growing market. With the ETF, investors can potentially benefit from the performance of BMNR, making it a noteworthy development in the financial landscape.