BTC Plunges Below $10.9K in ‘Waterfall’ Drop — Crypto Market Cap Falls to $3.82T as Trump Announces New Tariffs

The cryptocurrency market experienced a pronounced waterfall decline on September 26, with Bitcoin (BTC) briefly falling below $10,900. This represented a loss of over 4% in 24 hours and contributed to a slide in the total market capitalization to approximately $3.823 trillion, down more than 4.5% within the same period.

Seven-day metrics indicate continued downside momentum, with BTC down about 6.32%, Ethereum (ETH) declining over 14%, and the TOTAL3 index (which excludes BTC and ETH) dropping roughly 9.30%.

On the macroeconomic front, recent reports reveal that the administration announced a package of tariffs set to take effect on October 1. These measures include tariffs on heavyduty trucks, furniture, cabinets, and pharmaceutical imports.

Traders and risk managers are advised to closely monitor liquidity and volatility as the markets digest these developments and adjust their positions accordingly.

**Secure and Fast Transactions**
Diversify your investments with a wide range of coins. Join now!

**The Easiest Way to Invest in Crypto**
Don’t wait to get started. Click now and discover the advantages!
https://bitcoinethereumnews.com/bitcoin/btc-plunges-below-10-9k-in-waterfall-drop-crypto-market-cap-falls-to-3-82t-as-trump-announces-new-tariffs/?utm_source=rss&utm_medium=rss&utm_campaign=btc-plunges-below-10-9k-in-waterfall-drop-crypto-market-cap-falls-to-3-82t-as-trump-announces-new-tariffs

FT: Circle’s Push for Reversible Transactions Rattles Crypto Purists

**Circle’s Proposal to Enable Reversible Stablecoin Transactions Sparks Backlash**

Circle, a prominent stablecoin issuer, has ignited controversy with its recent proposal to introduce reversible transactions. This concept directly challenges one of the core tenets of blockchain technology: immutability.

The push for reversible transactions has drawn criticism from various stakeholders who argue that allowing transaction reversals undermines the foundational principle that blockchain records are permanent and tamper-proof.

Circle’s president, Heath Tarbert, suggested that implementing reversible transactions could offer benefits such as enhanced security and consumer protection. However, critics remain concerned about the potential implications for trust and reliability within blockchain networks.

As the debate unfolds, the blockchain community continues to examine the balance between innovation and preserving the integrity of decentralized systems.

*Source:*
https://bitcoinethereumnews.com/crypto/ft-circles-push-for-reversible-transactions-rattles-crypto-purists/?utm_source=rss&utm_medium=rss&utm_campaign=ft-circles-push-for-reversible-transactions-rattles-crypto-purists

Ethereum Treasuries Seen as Gateway for Traditional Assets, Says SharpLink

Ethereum Treasury Firms May Soon Evolve Beyond Crypto, Says SharpLink Gaming CEO

Joseph Chalom, CEO of SharpLink Gaming and former BlackRock executive, shared insights at Korea Blockchain Week 2025, suggesting that Ethereum treasury firms could soon expand their scope beyond the cryptocurrency market. According to Chalom, the real opportunity lies not just in the $4 trillion crypto market cap but in the vast $700 trillion traditional asset market, which has the potential to migrate to decentralized networks.

Chalom emphasized blockchain technology’s ability to eliminate settlement delays and reduce costs, calling it the greatest risk reduction in financial history. He believes that Ethereum treasuries should move beyond merely accumulating ETH. Instead, they should focus on building businesses that lend, validate transactions, and seed new protocols to accelerate institutional adoption.

Digital asset treasuries (DATs) have quickly become one of the fastest-growing niches within crypto, offering investors a level of flexibility that surpasses traditional ETFs. Dan Kang, from DeFi Development Corp, compared DATs to speedboats—faster and more adaptable than passive investment vehicles.

Both Kang and Chalom agreed that the survival and success of DATs depend heavily on growth metrics such as liquidity, trading activity, and the ability to increase assets per share. While most DATs were launched during a bull market, they downplayed concerns about downturn risks by highlighting staking and on-chain strategies that generate organic yield.

Kang added that buybacks could become a sensible strategy in the future, provided they do not involve selling core holdings. Meanwhile, Chalom stressed SharpLink’s long-term vision: “We’re not chasing a 5% ETH stake just to sit on it.” The ultimate goal, he said, is to transform finance by demonstrating how decentralized networks can effectively support markets on a global scale.

**Disclaimer:**
The information provided in this article is for educational purposes only and does not constitute financial, investment, or trading advice. Coindoo.com does not endorse or recommend any specific investment strategy or cryptocurrency. Always conduct your own research and consult with a licensed financial advisor before making any investment decisions.

**About the Author:**
Alexander Zdravkov is a reporter at Coindoo who always seeks the logic behind things. Fluent in German, he brings over three years of experience in the crypto space, expertly identifying emerging trends in digital currencies. Whether providing in-depth analysis or daily updates, his deep understanding and enthusiasm make him a valuable member of the Coindoo team.
https://coindoo.com/ethereum-treasuries-seen-as-gateway-for-traditional-assets-says-sharplink/

Tim Draper Projects Bitcoin and Blockchain to Lead Next Era of Global Finance

Bitcoin is Barreling Toward Global Financial Dominance as Blockchain Becomes Vital to National Defense

Tim Draper warns governments to act fast or risk falling behind in the rapidly evolving landscape of digital currency and blockchain technology.

Tim Draper: Bitcoin and Blockchain Will Define the Future of Money and National Stability

The convergence of cryptocurrency, national security, and law enforcement has emerged as a pressing topic as governments worldwide evaluate the impact of these technologies on financial systems and defense strategies. As blockchain increasingly underpins critical infrastructure, its role in ensuring national stability cannot be overstated.

With Bitcoin leading the charge as a decentralized financial asset, Draper emphasizes the urgency for governments to adapt quickly. Failure to do so may result in diminished influence over monetary policies and economic control on the global stage.

https://bitcoinethereumnews.com/bitcoin/tim-draper-projects-bitcoin-and-blockchain-to-lead-next-era-of-global-finance/?utm_source=rss&utm_medium=rss&utm_campaign=tim-draper-projects-bitcoin-and-blockchain-to-lead-next-era-of-global-finance