Captain Capital Channel

🔥 Tether Reveals Why It Did Not Apply for a MiCA License 🔥 💥 Tether CEO Paolo Ardoino said the company chose not to apply for a MiCA license because it opposes the requirement to keep part of stablecoin reserves in bank deposits. ⭐️ Tether argues that this model could increase liquidity risks during large-scale USDT redemptions, while the company prefers holding highly liquid assets such as U.S. Treasury bills. 🔍Notably, the ECB and 27 European central banks have recently proposed removing this very requirement, replacing it with a rule requiring reserves that can mature within 1–5 business days. 🛡 The proposal is still under consideration, and MiCA rules remain unchanged for now.

🔥 DAILY CRYPTO MARKET OVERVIEW – AUGUST 26, 2026 🔥 💥 Market Overview BTC is currently trading around $78,800, cooling after recently breaking above the $80,000 level. The crypto market remains active today with fresh developments involving BitMart’s shutdown, Zcash, Ethereum’s upcoming upgrade and the broader expansion of blockchain-based financial products. ⭐️ Breaking Crypto News ➕ BitMart officially begins shutting down trading services BitMart has reached its scheduled shutdown date. Starting August 26 at 01:00 UTC, the exchange is discontinuing spot, futures and other trading services. Users have also faced a withdrawal deadline as part of the platform’s wind-down process. ➕ Grayscale’s Zcash ETF begins trading in the U.S. Grayscale has launched its Zcash ETF (ZCSH) on NYSE Arca, giving U.S. investors regulated exposure to ZEC through a traditional exchange-listed product. The launch comes as Zcash reaches levels not seen in years. ➕ Zcash surges to an 8-year high ZEC has rallied to its highest level in roughly eight years, becoming one of the biggest stories in the altcoin market this week. The move coincides with the launch of Grayscale’s U.S. Zcash ETF. ➕ Ethereum developers flag smart-contract compatibility issues ahead of Glamsterdam Ethereum developers are preparing for the Glamsterdam upgrade and have identified potential compatibility issues involving planned gas repricing. Developers are being urged to review applications that rely on specific gas-cost assumptions before the upgrade progresses further. ➕ Franklin Templeton partners with HashKey on tokenized money-market fund Franklin Templeton has partnered with HashKey to expand access to a tokenized money-market fund in Asia, adding another major traditional-finance institution to the rapidly developing tokenization sector. ➕ BitMEX enters final phase of its trading shutdown BitMEX is moving into the next stage of its previously announced wind-down, with restrictions on opening new positions beginning August 26. The exchange is scheduled to cease operations in September, making today another major deadline for users of the platform. ⚠️ This content is for market updates only and is not financial advice.