Crypto Market Updates: Bitcoin Surges, MoneyGram Launches Stablecoin App, and ARK Invest Boosts Bullish Stake
On September 17, 2025, the cryptocurrency market showed modest positive movements with Bitcoin priced at $110,426.22, up 0.56%, Ethereum at $3,884.95 with a 0.06% gain, and XRP leading with a 1.35% increase to $2.5158. Tether (USDT) remained stable at around $1.0009, slightly up by 0.13%.
In significant industry news, MoneyGram has launched a new app focused on U.S. dollar-pegged stablecoins, initially debuting in Colombia, one of the world’s largest remittance markets. This new service leverages Circle's USDC and the Stellar blockchain, allowing access through over 6,000 MoneyGram locations in Colombia, promising enhanced accessibility and efficiency for remittance users.
The investment firm ARK Invest has bolstered its stake in the crypto exchange Bullish by purchasing an additional 105,000 shares, now holding 2.27 million shares valued at approximately $114 million. ARK’s total crypto exposure across its three funds has now risen beyond $2.15 billion, reflecting growing confidence in the crypto sector.
Meanwhile, Tether, the largest stablecoin issuer, announced impressive profits exceeding $10 billion in the first three quarters of 2025. Alongside this, Tether has initiated a share buyback program, signaling strong financial health and commitment to its investors.
For those looking to engage with cryptocurrencies, platforms like Bitlet.app offer innovative features such as a Crypto Installment service, allowing buyers to purchase cryptocurrencies now and pay monthly rather than upfront. This can help more investors access the crypto market with flexible payment options.
Stay updated on these dynamic events as the crypto market continues to evolve rapidly.