10/3/2025
The week that rocked the crypto world: September 26 - October 3, 2025
Coingarage Exchange
The week that rocked the crypto world: September 26 - October 3, 2025
The world of crypto has been on fire for seven days. From ETF breakthroughs to mega-conferences in Asia to dramatic token “unlocks” - here are the events that determined the mood of the market:
1. A revolution in regulations: SEC changes the rules for spot ETFs
One of the most important news of the week is the move by the US Securities and Exchange Commission (SEC), which approved new rules for the launch of spot ETFs. This move will simplify the approval process - instead of the original “case-by-case” applications, exchanges such as NYSE, Nasdaq or Cboe can use generic criteria.
This paves the way for ETFs covering a wider range of cryptocurrencies (e.g. Solana, XRP), not just Bitcoin and Ethereum. Experts consider this a major step towards “mainstream” adoption.
2. TOKEN2049: Singapore as the epicenter of crypto brokers, with the participation of Coingarage
On October 1-3, Singapore hosted the giant **TOKEN2049** conference, an event full of investors, startups, blockchain visionaries and extravagant shows (zip lines, DJ performances), which of course included the participation of the CEO of the cryptocurrency exchange Coingarage.
In addition to networking meetings, the topic of stablecoins was also of interest, it was estimated that their market capitalization could exceed a trillion USD.
3. Large token “unlocks” – pressure on supply
During the week, a number of planned token unlocks took place, which released millions of new tokens to the market. Key ones include: JUP, OP, SUI, EIGEN, IMX.
These unlocks often create selling pressure, holders can sell, which cools down more intense price impulses.
4. Ripple (XRP) Boosts Liquidity for Institutional Players
Over the week, Ripple announced a new feature that will please funds like BlackRock and VanEck — the ability to access RLUSD (Ripple USD) 24/7 when redeeming shares from tokenized funds.
This will facilitate the institutionalization of the crypto world and shorten the path between traditional finance and DeFi.
5. Interpol Freezes Hundreds of Millions – Global Crackdown on Crime
The international police network Interpol launched Operation “HAECHI VI,” seizing or blocking $97 million in cryptocurrencies and assets as part of the fight against fraud, money laundering, and phishing.
The operation affected 40 countries, freezing 68,000 bank accounts and 400 wallets.
6. Corporate vault split: companies rethink crypto holdings
Last year, many companies went down the “crypto treasury” route – holding Bitcoin or other cryptocurrencies as a reserve asset. However, according to the Wall Street Journal, this trend has slowed significantly in the past month.
Some companies faced stock price declines as the market value of crypto assets fell below the value of their shares.
7. Bitcoin rises to two-month high, ETFs and macro play a role
Bitcoin rose to its highest value in the last two months during the week, above ~$120,000.
The driving force was large purchases through spot ETFs and investors seeking protection during periods of geopolitical or political uncertainty.
At the same time, weaker macroeconomic data – such as weaker private sector employment – increased expectations of a Federal Reserve rate cut, which strengthened risky assets such as cryptocurrencies.
8. Regulatory relief for companies: new tax guidance in the US
The US Treasury Department and the IRS have issued new interim rules clarifying that unrealized (paper) gains or losses from digital assets will not be subject to the 15% corporate alternative minimum tax (CAMT).
The move provides significant relief to companies that hold cryptocurrencies as part of their balance sheets – previously facing the risk of tax liabilities due to accounting practices. ([Investopedia][8])
9. Kazakhstan launches its first regional crypto fund
In Central Asia, Kazakhstan has made a significant moment by launching the region’s first crypto fund. The fund aims to support adoption and investment in digital assets in neighboring countries.
Kazakhstan is thus strengthening its position as a leader in blockchain and financial technology development in the region.
10. Celebrity mistakes – Instagram WLFI token scam
Even in the crypto world, reputations are fragile. Wrestler Matt Hardy’s Instagram account was hacked and used to promote fraudulent “WLFI” tokens.
Hackers were giving away tokens with false promises — warning to everyone: verify before you click.
🧭 Outlook for the coming weeks
* ETF activity — approval of new spot funds for altcoins (Solana, XRP) — will be key to capital flows.
* Market reaction to released tokens will be a test of sentiment holding.
* Macro data (inflation, employment, central bank decisions) will remain a strong driver for cryptocurrencies.
* Conferences like TOKEN2049 could feature partnerships or announcements that will reshape the strategy of some projects.
We informed you on the Coingarage exchange blog this week ( links to articles )
https://coingarage.io/en/blog/etf-month-16-crypto-funds-await-sec-final-decision
https://coingarage.io/en/blog/uptober-in-full-swing-bitcoin-climbs-to-7-week-high-near-120-000
*This is not an investment recommendation.
The Coingarage Team
