Yesterday’s Biggest Headlines

Crypto Market Watch

1. SEC Commissioner Hester Peirce, long nicknamed "Crypto Mom," said her last day will be Oct. 2 after posting her resignation letter with the caption "T minus 7." The Cryptonomist reported that the letter thanked the White House for the chance to serve and framed the departure as the end of one of crypto's most recognizable regulatory tenures.

2. Bitget lost about $351.6 million after attackers compromised a wallet-backend system, spoofed transaction data, and triggered the exchange's own authorization process rather than stealing private keys, CEO Gracy Chen said. CoinDesk reported that Chen said loss containment is confirmed, no further unauthorized transfers are possible, and a full technical report will follow once the intrusion method is verified.

3. Bitcoin closed Friday at about $84,035, down 0.41%, while solana jumped about 4.3% to about $122 as traders rotated into higher-beta tokens. The Rio Times reported that ether finished little changed near $2,690 and XRP rose about 2.3%, with Fed hike odds still elevated after strong PMI data even as crypto looked past the Bitget breach.

4. Ethereum co-founder Vitalik Buterin said the network is "really not just a blockchain anymore" and outlined a 2030-era "cryptographic world computer" that combines blockchains with modern proofs so more work can be verified without every node repeating every calculation. The Block reported that Buterin tied the roadmap to upgrades after the forthcoming Hegota fork and to multi-year "Lean Ethereum" changes he has compared in scope to the Merge.

Equity Market Moves

5. U.S. stocks finished Friday higher and locked in their largest weekly gains since August despite multi-year highs in Treasury yields earlier in the week. Barron's reported that the S&P 500 rose about 0.5% on Friday and about 1.2% for the week, the Nasdaq gained about 0.5% Friday and about 2.1% for the week, and the Dow added about 0.9%, or 478 points, on Friday for a 0.3% weekly advance.

6. Wall Street closed out its first winning week in the last three after oil cooled and indexes reclaimed ground toward recent highs. CNBC reported that the S&P 500 climbed 0.51% to 7,743.41, the Nasdaq gained 0.5% to 27,068.72, and the Dow jumped 478.64 points, or 0.93%, to 51,828.62, with WTI settling down about 2.33% at $92.41 as Hormuz reopen talk resurfaced.

Commodities Watch

7. President Trump rejected Iran's proposal to reopen the Strait of Hormuz in seven days, saying Tehran wanted a deal because it was "losing so badly" and that the offered terms would not be acceptable. Anchorage Daily News reported that Iran had conditioned a reopen and nuclear talks on lifting the U.S. blockade of Iranian ports, waiving oil-sale sanctions, and observing a ceasefire that would include Lebanon.

8. Oil prices rebounded more than 1% in Monday Asia trade after Trump's rejection of the Iran peace framework revived supply-risk premiums around Hormuz. KELO reported that Brent rose about $1.82, or 1.74%, to $106.14 a barrel and West Texas Intermediate climbed about $1.14, or 1.23%, to $93.55.

Today's Watchlist

• Whether Peirce's Oct. 2 exit slows SEC crypto guidance momentum with only two commissioners left

• Bitget recovery path after the spoofed-transfer hack and any further movement of stolen XRP

• Whether bitcoin can leave the $84,000 shelf if October Fed hike odds stay elevated

• Follow-through on Friday's winning equity week once cash markets reopen

• Whether Trump-Iran talks resume after the Hormuz proposal rejection, and whether Brent holds above $100

edgeX Market Lens

The weekend book mixed policy, security, and geopolitics. Peirce's timed exit and Bitget's backend spoofing loss kept crypto microstructure in focus even as bitcoin steadied near $84,000 and altcoins rotated higher. Vitalik's post-Hegota vision added a longer-cycle ETH narrative underneath the near-term hack and rate overhang.

Cross-asset confirmation flipped from Wednesday's yield shock. Friday's first winning week in three, a nearly 479-point Dow gain, and softer WTI into the weekend eased the equity clamp, but Trump's Hormuz rejection and Monday's oil rebound put energy risk back on the board before the new week opens. If stocks hold Friday's repair while crude stays bid, the tape into late September is less about reclaiming $86,000 bitcoin and more about whether SEC capacity, exchange security, and Hormuz diplomacy can stop pulling in opposite directions.

For active traders, access matters when BTC, ETH roadmap headlines, and oil-linked risk reprice outside regular cash hours. edgeX gives traders self-custodial access to crypto, Bitcoin, tokenized stock, and RWA perpetual markets around the clock.