Hello Cointribe! 🚀
Today is Wednesday, September 10, 2025, and just like every day from Tuesday to Saturday, we're bringing you a summary of the top news from the past 24 hours you shouldn't miss!
But first…
✍️ Cartoon of the day:
A quick look at the market…
🌡 Weather:
☀️ Sunny
24h crypto recap! ⏱
🖼 OpenSea launches $1 million NFT reserve with CryptoPunk purchase
OpenSea has created a $1 million art reserve by acquiring CryptoPunk #5273 for 65 ETH (~$283,000). The goal is to build a growing collection of culturally significant NFTs, curated by an internal committee and external experts.
👉 Read the full article
💻 NPM supply chain hack yielded only $50 in profit
Hackers injected a crypto-clipper into widely used NPM JavaScript libraries, targeting Ethereum and Solana wallets. Despite hundreds of millions of downloads, the attack earned just $50 before the threat was contained.
👉 Read the full article
🔀 PumpSwap becomes top DEX on Solana, an impressive yet fragile success
PumpSwap recorded a record volume of $878M in 24 hours, surpassing Raydium and Meteora, while Pump.fun removed 5.36% of its supply by buying back $12.19M worth of $PUMP tokens. The launch of “Project Ascend” with Dynamic Fees redistributed $2M to creators in one day, though some practices raise concerns about the sustainability of the model.
👉 Read the full article
⏳ SEC delays decisions on Bitwise and Grayscale crypto ETFs
Decisions on Bitwise’s Dogecoin ETF and Grayscale’s Hedera ETF have been postponed to November 12, as 92 crypto ETF applications remain pending. According to Bloomberg, approval rates for XRP, Dogecoin, and Cardano could reach 90% by the end of 2025.
👉 Read the full article
📌 Crypto of the Day: Immutable X (IMX)
🧠 What innovation and added value?
Immutable X is a Layer 2 solution on Ethereum, specialized in NFTs and gaming.
It leverages STARK zk-rollup technology to offer ultra-fast transactions (with zero gas fees), massive scalability, and established security through Ethereum. The platform is favored by game creators, NFT marketplaces, and Web3 developers seeking performance and fluidity.
💰 The IMX Token: Utility and Benefits for Holders
The IMX token allows users to:
Pay transaction fees within the Immutable network,
Stake to help secure the protocol,
Participate in the network’s decentralized governance.
It is a key economic pillar of the Immutable ecosystem.
📊 Real-time Performance (September 09, 2025)
Current price: $0.553 USD
24h change: +0.82 %
Market capitalization: ≈ $1.073 billion USD
CoinMarketCap rank: #78
Circulating supply: ≈ 1.939 billion IMX
24h trading volume: ≈ $29.44 million USD
Bitcoin: The French breakthrough in corporate treasury management
By entering the global Top 100 of companies holding bitcoin in treasury, two French firms mark an unprecedented step toward institutional crypto adoption in France.
Two French companies join the elite circle of Bitcoin giants
Sequans Communications and Capital B, two French companies still relatively unknown to the general public, have recently joined the global ranking of companies with the largest bitcoin holdings in treasury. With 3,205 BTC (€306 million) and 2,201 BTC (€193 million) respectively, they now belong to a group still largely dominated by U.S. players.
This positioning reflects a strategic shift for France, long considered lagging in institutional Bitcoin adoption. This advance aligns with a broader trend: according to a report by investment firm River, the total volume of bitcoin held by companies is expected to reach $67 billion by the end of 2025, up from $31 billion in 2024—a growth of over 100% in a single year.
These so-called Bitcoin Treasury Companies account for 25% of the companies studied but are responsible for 75% of BTC purchases, with an average of 1,400 bitcoins acquired daily. Their strategy is based on long-term investment logic, with no short- or medium-term resale planned, and an average of 22% of net income allocated to Bitcoin.
The Bitcoin Treasury Companies model is redefining global investment strategy
The rise of Bitcoin Treasury Companies relies on a dual mechanism: optimizing treasury management in the face of inflation, while circumventing regulatory limitations in certain markets. In jurisdictions such as Japan or Canada, institutional funds often prefer to invest in companies holding Bitcoin rather than purchasing the asset directly—typically for regulatory or tax reasons.
The most emblematic example remains Strategy, the new identity of former MicroStrategy, which now holds over 638,000 BTC—about $60 billion. The company has even launched financial products (STRF, STRC, STRF25) designed to provide indirect exposure to Bitcoin. These offerings attract investors seeking to benefit from the asset’s volatility without facing its technical or legal constraints directly.
This model creates a new form of financial intermediation, where companies themselves become gateways to cryptocurrency exposure. River’s report summarizes this dynamic with a bold projection: “In the future, every individual will have bitcoin savings, and every company will hold bitcoin on its balance sheet.”
This emerging logic is redefining Bitcoin’s use, transforming it from a speculative asset into a store of value—and potentially a future global reserve currency. The French breakthrough, embodied by Sequans and Capital B, sends a strong signal to the entire European sector.
