BlackRock Releases a Nine-page Whitepaper on Bitcoin as a Unique Diversifier | Cryptocurrency Trends

1. Mainstream Exchange Trends:

• Bitget partners up with LALIGA, the Spanish football league, as an official crypto partner.
• Upbit listed the memecoin MEW on its BTC and USDT markets on September 19 at 7:00 PM.
• Binance Futures launched the FIDAUSDT perpetual futures on September 19 at 8:30 PM (UTC+8), with up to 75x leverage.

2. Cryptocurrency Trends:

• According to Decrypt, the government of Louisiana officially begins accepting cryptocurrency payments and embraces digital currencies for state services. Louisiana State Treasurer John Fleming announces that residents can now use digital assets like BTC, the Bitcoin Lightning Network, and USDC to pay for various state services.
• MEXC Ventures, Foresight Ventures, and Mirana Ventures partner to establish a fund aimed at supporting promising projects built on the Aptos platform.
• Crypto Finance, a subsidiary of Germany's largest stock exchange operator, signs a deal with Commerzbank (CBK) to offer trading services to the lender's corporate clients just two weeks after reaching a similar agreement with Zürcher Kantonalbank (ZKB) in Switzerland.
• Lens, a social network graph protocol, to partner with Avail DA and use Avail DA to build a scalable and resilient decentralized social network.
• BlackRock, the world's largest asset management company, releases a nine-page whitepaper detailing Bitcoin's unique position as a major asset class.
• CertiK Ventures, the venture arm of the major blockchain security platform CertiK, launches a $45 million investment plan to drive the development of high-potential Web3 projects and accelerate the integration and security of the Web3 ecosystem.

3. Financing Trends:

• Drift, a Solana ecosystem DeFi platform, raises $25 million in Series B funding led by Multicoin Capital, with participation from Blockchain Capital, Primitive Ventures and Folius Ventures.
• Helius, a Solana developer platform, raises $21.75 million in a funding round with participation from Haun Ventures, Founders Fund, Foundation Capital, 6th Man Ventures, Chapter One, and Spearhead.

4. Regulatory Trends:

• According to Crypto.com, a cryptocurrency platform, it has received full approval to provide payment service provider (PSP) services from the Central Bank of Bahrain through its subsidiary.
• According to The Block, Hong Kong regulators may approve the widely anticipated staking features for spot Ethereum exchange-traded funds this year, says an executive from blockchain infrastructure provider Blockdaemon, as the region continues its push to become a leading crypto hub.