Bitcoin Information: X Launches Cashtag Accomplice Program

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In Bitcoin information right this moment, US spot Bitcoin ETFs pulled in $998.95M on Monday, their strongest single-day haul since October 2025, the identical day X switched on buying and selling hyperlinks for Bitcoin and different property throughout 5 exterior brokerages, and Coinbase launched fixed-rate Bitcoin-backed borrowing by Morpho Midnight.

All of those catalysts have performed their half in BTC USD surging +1% over the previous 24 hours because it broke by $86,000. Every day buying and selling quantity sits at $135Bn, per CoinGecko knowledge.

Bitcoin News: ETFs drew $998.95M as X added broker links and Coinbase launched fixed-term, BTC-backed borrowing through Morpho Midnight.
SOURCE: TradingView

What are X Cashtags? How Do They Work?

X unveiled its US Cashtag Accomplice Program on September 22, connecting inventory, ETF, and cryptocurrency pages to 5 exterior platforms: Coinbase, Gemini, Kraken, Interactive Brokers, and Moomoo.

A person who opens a supported ticker reminiscent of $BTC or $TSLA now sees a reside value chart, associated posts, and a “Commerce” button that arms off to the chosen associate’s app or web site.

That distinction issues greater than the headline suggests. X doesn’t execute the transaction itself – eligibility, account creation, custody, and remaining order execution sit fully with the associate alternate or brokerage.

X including a Commerce button to cashtags is definitely fairly loopy when you concentrate on it
You’re not opening X to commerce
You’re simply scrolling, see $BTC shifting, learn just a few posts, faucet the ticker and immediately you’re taking a look at a commerce
Coinbase, Kraken, Gemini, Moomoo and IBKR
The… pic.twitter.com/sYnCHgBHWv

— Justin Wu (@hackapreneur) September 22, 2026

Kraken confirmed in its personal announcement that its Cashtag integration covers practically 2,500 property throughout centralized and decentralized choices, whereas Interactive Brokers is providing a $100 promotional credit score to new U.S. shoppers who open and fund an account by the Cashtag movement.

The rollout builds on X’s earlier Sensible Cashtags function and stays intentionally separate from X Cash, the platform’s funds product, which presently presents no direct hyperlink for funding trades.

For merchants, the sensible impact is a shorter discovery-to-brokerage funnel: a Bitcoin dialog on the timeline now converts right into a login display screen at Coinbase or Kraken in a single faucet, slightly than a search-and-switch. That’s distribution, not liquidity, and the 2 aren’t interchangeable.

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Coinbase Turns Bitcoin Into Fastened-Time period Collateral

Preserve your Bitcoin, get liquidity.
With fixed-rate loans backed by Bitcoin you’ll be able to lock in your price and compensation dates earlier than you borrow.
Constructed by @Morpho Midnight on @Base. pic.twitter.com/1oEf6L5Efd

— Coinbase 🛡 (@coinbase) September 22, 2026

In different Bitcoin information, Coinbase has launched fixed-rate, fixed-term USDC borrowing backed by BTC by Morpho Midnight on Base, a step past the variable-rate, open-ended Bitcoin-backed loans the alternate already presents.

Locking in a price and maturity date offers debtors a predictable compensation schedule, slightly than publicity to floating DeFi charges that may transfer towards them mid-loan.

The broader significance is what it says about Bitcoin’s function as collateral slightly than a pure directional guess. Each greenback borrowed towards BTC with out promoting it’s a greenback of demand that by no means hits the spot order guide, which is similar dynamic driving on-chain lending progress elsewhere in crypto.

It additionally places Coinbase’s retail-facing product immediately on high of Morpho’s non-custodial credit score rails, a sample of centralized platforms wrapping DeFi infrastructure in acquainted account-based UX that’s proven up repeatedly throughout the sector this yr.

What’s not confirmed right here is the precise scale of Coinbase’s guide. Broader figures circulating for Coinbase’s Bitcoin-backed lending exercise, within the billions of {dollars} throughout loans and collateral, describe the alternate’s total program slightly than Midnight particularly, and must be handled as unverified till Coinbase or Morpho publishes Midnight-specific numbers.

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Bitcoin Information: ETF Inflows Snap Again Above $1Bn

Bitcoin News: ETFs drew $998.95M as X added broker links and Coinbase launched fixed-term, BTC-backed borrowing through Morpho Midnight.
SOURCE: CoinGlass

Monday’s $998.95M influx adopted per week of record-low internet inflows for spot Bitcoin ETFs, with BlackRock’s IBIT main the session and Ark’s ARKB and Constancy’s FBTC contributing considerably.

This surge introduced Bitcoin above the typical ETF value foundation, permitting typical spot-fund holders to revenue for the primary time since January, which might cut back promoting strain from these at a loss.

Nonetheless, the timing of ETF movement knowledge often displays the day before today’s buying and selling, which implies Monday’s figures could not point out real-time demand, complicating the view of a sustainable development.

This shift coincides with Bitcoin surpassing key value ranges close to $86,000 and ongoing discussions about its function in institutional portfolios.

Collectively, these developments counsel that Bitcoin is changing into extra accessible for buying and selling and borrowing, making it simpler for establishments to speculate by regulated merchandise. Nonetheless, one influx doesn’t erase the low exercise seen the prior week, and execution dangers stay.

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The submit Bitcoin Information: X Launches Cashtag Accomplice Program appeared first on Cryptonews.

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