Gambling app SharpLink promotes Joseph Chalom to Co-CEO role, boosts Ethereum assets
In the world of cryptocurrencies, September 2025 has been a month brimming with significant developments. Here's a round-up of some of the key events that have shaped the crypto landscape.
The Wuxi Court in China dismissed a virtual US dollars case, marking a step forward in the country's evolving relationship with digital currencies. Meanwhile, controversy swirled around the Federal Reserve Board as a member faced a controversial dismissal, sparking discussions about the future of monetary policy.
On the positive side, Brera Holdings rebranded to Solmate and secured a $300 million investment, signalling confidence in the digital asset market. The rebranded company is not the only one making headlines, as SharpLink Gaming, based in New York City, has seen its Ethereum holdings increase by over 91% in the past 30 days, thanks in part to a $6 billion stock offering. The company's Co-Chief Executive Officer, Joseph Chalom, a former BlackRock Digital Asset Strategy Director, brings valuable expertise in institutional cryptocurrency strategies to the table.
Ethereum, the second-largest cryptocurrency by market cap, has seen a robust upward trajectory across a 90-day period, surging 104.19%. At the time of writing, Ethereum's current price stands at $3,692.59, with a market cap of $445.74 billion and an 11.59% market dominance. This growth has been tempered by cautious optimism among Ethereum forums, with concerns over potential centralization risks.
Elsewhere in the crypto sphere, Ethereum-centric financial strategy is being bolstered by SharpLink Gaming's shift from simply holding ETH to leveraging yield-generating DeFi opportunities. Coinbase, the popular cryptocurrency exchange, has also jumped on the DeFi bandwagon, introducing on-chain DeFi lending with Morpho integration.
The regulatory landscape has also seen some changes. The SEC announced a shift in its crypto regulatory agenda, while the SEC holds a cryptocurrency roundtable on financial surveillance and privacy. In the US, a record 92 cryptocurrency ETF filings have been made, with industry players eagerly awaiting the SEC's decision.
Binance, one of the leading cryptocurrency exchanges, has been active too. Binance Alpha users can claim the MRLN airdrop with points starting September 16, and the exchange is also launching its MAIGA token on September 17. Binance's native token, BNB, hit a new all-time high at $950 this month.
Tether, the stablecoin giant, is aiming for U.S. dominance in the stablecoin market. Meanwhile, Bitwise has submitted an application for a stablecoin and tokenized ETF, adding to the growing list of such applications.
In the world of collaborations, Google and Coinbase are working together on an AI payment protocol launch, while Sol Strategies, a crypto-focused company, has gained Nasdaq approval and began trading on September 9.
Finally, in the world of IPOs, Gemini, the popular cryptocurrency exchange, has filed for a Nasdaq IPO, aiming to raise $316.7 million. Elon Musk, the tech entrepreneur, has also launched an AI-driven software company, Macrohard.
As always, the crypto world continues to evolve at a rapid pace, with new developments and surprises around every corner. Stay tuned for more updates!
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