Bitcoin price touched $116,800 this week before cooling near $115,600, reigniting talk of fresh all-time highs as futures closed a key CME gap. Analysts say $124K is not the cycle top, with institutional demand still rising. Ethereum also approached its recent ATH, surging past $4,700 for the first time in weeks.

Meanwhile, Dogecoin stole the spotlight with a 40% weekly surge, fueled by a breakout pattern and soaring volumes. 

From strong altseason signals to significant legal developments, here’s the crypto market news you need to know.

Visit our website for transparent and decentralized crypto trading and to list your crypto token for free. For more, follow Melega Finance (@meleganews) on X.

TOP CRYPTO NEWS RECAP (September 7-13, 2025)

• Altseason Momentum Builds as Altcoins Outshine Bitcoin
• Gemini’s Nasdaq Debut Signals Surging Investor Demand
• Trump Media Links Truth Social Rewards to Crypto
• Sam Bankman-Fried’s Appeal Hearing Set for November as Legal Battle Deepens
• Coinbase Challenges SEC Over Deleted Gensler Messages
• SEC Charts New Path for Crypto with Unified Rules and Super-App Vision

Altseason Momentum Builds as Altcoins Outshine Bitcoin

Altseason indicators surged to their highest levels since December, signaling growing altcoin dominance over Bitcoin. With the altcoin market cap nearing record highs, traders expect a new wave of excitement and risk-taking. Key gainers include Dogecoin, Avalanche, Stellar, and Toncoin, fueling optimism for a parabolic altcoin rally.

Gemini’s Nasdaq Debut Signals Surging Investor Demand

Gemini (GEMI), the crypto exchange founded by the Winklevoss twins, made a powerful Nasdaq debut, raising $425 million after pricing its IPO at $28, well above its initial range. Shares surged to $40 before settling near $35, giving the company a $1.3 billion valuation. The listing highlights strong investor appetite for crypto-related equities, following blockbuster debuts from Circle, which has doubled in value since launch, and Figure, which jumped over 24% on its first day.

Trump Media Links Truth Social Rewards to Crypto

Trump Media has revamped Truth Social’s rewards program, letting users convert earned “gems” into Crypto.com’s CRO tokens. This shift replaces earlier plans for a proprietary token and deepens ties with Crypto.com, following joint ETF ventures and a $105M CRO acquisition under its $6.4B digital-asset strategy.

Sam Bankman-Fried’s Appeal Hearing Set for November as Legal Battle Deepens

Former FTX CEO Sam Bankman-Fried, serving 25 years for fraud tied to FTX’s collapse, will face the U.S. Court of Appeals on Nov. 4. His lawyers argue he was denied the presumption of innocence and unfairly portrayed. The outcome could bring a retrial, a lighter sentence, or sustain his conviction.

Coinbase Challenges SEC Over Deleted Gensler Messages

Coinbase has filed a legal motion urging a court to compel the SEC to release missing communications from former chair Gary Gensler and senior officials. The exchange accuses the agency of deleting nearly a year’s worth of texts, undermining transparency, and seeks full disclosure on Ethereum-related records and possible remedies.

SEC Charts New Path for Crypto with Unified Rules and Super-App Vision

SEC Chair Paul Atkins declared most crypto tokens are not securities, unveiling Project Crypto to replace ad hoc enforcement with clear rules. The initiative supports “super-app” platforms that integrate trading, lending, and staking under a single framework, advocates for more streamlined regulation to foster innovation, and advocates for global cooperation, drawing inspiration from Europe’s MiCA model.

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