AshenByte@AshenByte8

Exploring forgotten corners of crypto, one onchain discovery at a time.

Joined January 2018
1 Photos and videos
DOGE just outperformed the entire major crypto market Dogecoin surged more than 15% during Tuesday's Asian trading session, while Bitcoin gained around 5% over 24 hours. XRP and SOL also recovered, but DOGE led the move.
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What's interesting is how quickly speculative appetite returned after the latest BTC rebound. When meme assets start outperforming the majors, I pay attention to whether trading volume follows the price. A fast pump is one thing. Sustainable demand is another.
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Sep 20
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Sep 14
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Bastion is moving closer to becoming a federally regulated trust bank Stablecoin infrastructure provider Bastion has received conditional approval from the OCC for a U.S. national trust bank charter.
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The proposed entity would combine stablecoin custody, wallets, payment infrastructure and white-label issuance. It still needs to satisfy the remaining conditions before beginning operations.
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The interesting part is that stablecoin companies are increasingly building their own regulated financial infrastructure instead of relying entirely on traditional banking partners.
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Crypto rallied through the Fed’s first hike since 2023 The Fed raised rates by 25 bps this week. Bitcoin still moved higher afterward. The reason seems pretty simple:
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Markets were more focused on the Fed signaling only limited additional tightening rather than the hike itself. Sometimes the path ahead matters more than the decision everyone already expected.
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The Kalshi fight could reach the Supreme Court New Jersey has asked the U.S. Supreme Court to decide whether states can regulate sports prediction contracts offered by platforms like Kalshi. Different appeals courts have reached different conclusions.
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That makes this much bigger than one platform. A Supreme Court ruling could eventually decide whether prediction markets answer mainly to the CFTC or individual states.
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Upbit puts ICON on watch Upbit has placed $ICX on its delisting watchlist and already suspended deposits and withdrawals.
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The exchange cited unresolved or unexplained security incidents involving wallets or infrastructure connected to the asset. For older tokens, exchange support can matter just as much as market sentiment.
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Ethena just changed the ENA story Ethena Foundation announced a major tokenomics overhaul. It bought out locked tokens from certain early investors, plans to remove future monthly VC unlocks and opened a governance vote for revenue-funded $ENA buybacks.
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If approved, the mechanism could eventually direct 95% of eligible net revenue toward ENA purchases after specific USDe growth targets are reached. That’s a meaningful shift from emissions toward value capture.
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SEC Sends Crypto Custody Changes to the White House The SEC has sent proposed changes to its investment adviser custody rules to the White House for review. The proposal could affect how registered advisers hold digital assets.
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Crypto custody may sound like infrastructure. For institutional adoption, it’s one of the most important regulatory pieces.
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Tokenized Stocks Get a Warning Fairmint’s CEO warned that the tokenized equity boom could recreate some of the settlement problems Wall Street experienced during the 1960s “paper crisis.” Putting stocks onchain is only the first step.
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Issuance, custody, compliance and settlement all need to scale with it. RWA infrastructure still has work to do.
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