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ETH $2.7K · BitMEX shuts down after 11 years of derivatives trading ‌ ‌ ‌ ‌ ‌
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Coin Mornings
Your daily crypto, before coffee.
Issue #102 · Wednesday, September 23, 2026
Market mood  Greed · 71/100  ▼ from 78 yesterday
Bitcoin held near $86,000 as BitMEX closed after 11 years, while regulators advanced tokenization plans and tightened prediction market rules.
 
 

☀  The Numbers

Bitcoin (BTC)$85,532  -0.4%
+13.1% this week
Ethereum (ETH)$2,722  -0.6%
+13.7% this week
Total crypto market$2.93T  -2.5%
BTC dominance 58.7% · BTC 32% below its all-time high

☀  The Movers

Top gainers (24h)

BCH Bitcoin Cash+30.6%
PENGU Pudgy Penguins+14.6%
UNI Uniswap+11.5%
BTW Bitway+10.8%

Top losers (24h)

PUMP Pump.fun-7.5%
AKE Akedo-7.4%
PEPE Pepe-4.8%
CC Canton-4.7%

From the top 100 coins by market cap.

☀  The Read

Where the chart sits — description, not prediction

Bitcoin is trading above both its 50-day ($74.6K) and 200-day ($70.8K) averages — the longer-term trend reads as up. Over the past 30 days it has traded between $75.6K and $86.6K; today's price sits in the upper third of that range. RSI(14) is 69 — momentum reads as firm.

See all nine coins on the daily markets page →

☀  The Brief

 BitMEX shuts down after 11 years of derivatives trading

The pioneering crypto derivatives exchange officially stopped trading and deposits but allows users to withdraw funds during wind-down. A major market participant is exiting. (CoinDesk)

 CFTC and SEC push tokenization despite legislative setbacks

Regulators see tokenized assets reshaping financial markets. Both agencies continue advancing onchain initiatives independently of stalled congressional crypto legislation. (Cointelegraph)

 CFTC warns prediction market contracts risk manipulation

Regulators outlined compliance standards for event-contract exchanges after fining a trader for leveraging non-public information. Rules focus on market integrity safeguards. (Decrypt)

 Raiffeisen banks add crypto trading via Bitpanda partnership

A major European bank network will offer crypto services through Bitpanda infrastructure, potentially reaching 18 million customers. Institutional adoption continues expanding. (Cointelegraph)

Partner

Crypto taxes, untangled.

Koinly syncs your wallets and exchanges and generates IRS-ready tax reports automatically.

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Crypto 101

What's a whale?

A holder large enough that their trades move the market. Whale transfers to or from exchanges are watched closely as hints of coming buying or selling.

“Exchanges are for trading. Wallets are for holding.”

Coin Mornings is an educational digest for US readers. Nothing here is financial, investment, tax, or legal advice. Crypto is volatile — never invest more than you can afford to lose. Some links are affiliate links; we may earn a commission at no cost to you. Prices via CoinGecko, sentiment via alternative​.me, captured shortly before send.

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