🚀 Bitcoin’s Political Power Play: Mantle’s Bybit Megadeal, MKR’s SKY Upgrade & This Week’s Crypto Fireworks

Digital assets flex political muscle as Bitcoin reshapes election narratives while billion-dollar infrastructure deals signal institutional conviction.

Washington Wakes Up to Crypto Clout

Bitcoin's emerging as an electoral force that traditional politicians can no longer ignore. Campaign trails now feature crypto policy debates that would've been unthinkable just two election cycles ago.

Mantle Secures Bybit's Stamp of Approval

The Layer 2 player lands a major exchange partnership that validates its scaling approach. Bybit's integration gives Mantle instant credibility and liquidity access that smaller chains would kill for.

MakerDAO's Ambitious Rebrand Strategy

The DeFi pioneer plots its transition from MKR to SKY tokens—a move that could redefine governance tokens' utility beyond simple voting rights. The upgrade promises to address legacy system limitations that have haunted the protocol.

The Institutional Floodgates Creak Open

Behind the headlines, traditional finance quietly builds exposure channels while publicly maintaining skepticism—because nothing says 'conviction' like betting billions while telling retail to stay cautious.

Dennis Porter Teases Bitcoin Policy Announcement

Dennis Porter, CEO and Co-Founder of the Satoshi Action Fund, claims a bombshell Bitcoin policy announcement in the US on Tuesday.

“Massive political news coming for bitcoin on Tuesday will reshape the trajectory of Bitcoin politics. This will be a defining moment,” he posted on X.

It remains unclear whether Dennis Porter’s claims are factual or plain engagement farming. However, the comment triggered a flurry of reactions from industry voices.

Crypto influencer Wendy O added to the suspense, indicating that the news could influence the history of crypto and Bitcoin.

In a follow-up announcement, Porter added that the announcement WOULD be highly political, potentially setting the foundation for establishing the US as the crypto capital of the world

This will be a highly political event. One that will help set the foundation we need to ensure the USA is the leader on Bitcoin for generations to come.

If Porter’s claims prove true, Bitcoin’s political day could catalyze a positive MOVE in the BTC price, potentially sending the pioneer crypto past the $116,000 threshold.

Mantle’s Deal with Bybit Exchange

An official announcement hinted at an impending deal between Mantle (MNT) and the Bybit exchange.

Based on the report, the deal would see Mantle Network’s powering token, MNT, deliver exclusive benefits for institutional clients.

Bybit confirmed the news in a post on X (Twitter), highlighting benefits such as enhanced leverage, longer loan terms, and improved trading and borrowing.

🚀 MNT x Bybit Institutional: Unlock exclusive benefits

Mantle’s utility token enters a new era with exclusive benefits for institutional clients.
✔️ Enhanced leverage
✔️ Longer loan terms
✔️ Smarter ways to trade & borrow

Learn more: https://t.co/QaMYx6VKCX pic.twitter.com/a93PJQgLD2

While the deal is effective starting September 22, MNT token price is down by over 2% in the last 24 hours. As of this writing, it was trading for $1.62.

Plasma Mainnet and Token Launch

Another crypto news to watch this week is Plasma’s mainnet and token launch, due on Thursday, September 25.

September 25, 8:00 AM ET. pic.twitter.com/SimWiGGSJR

In an official blog, Plasma said its mainnet beta will go live alongside the launch of its native token, XPL, as the 8th largest blockchain by stablecoin liquidity.

Based on the report, $2 billion in stablecoins will be active on Plasma from inception. Further, it wuld deploy capital across 100+ DeFi partners, including Aave, Ethena, Fluid, and Euler.

“The goal is immediate utility: savings that preserve value, DEEP USD₮ markets, and the lowest USD₮ borrow rates in the industry,” read an excerpt in the announcement.

DeFi App’s Season 2 Kaito Yap Concludes

On July 28, DeFi App kicked off the second season of the Kaito AI Leaderboard. The network then dropped 100 million HOME tokens for a 60-day Kaito campaign.

With the campaign ending on September 26, participants have only a few days to yap and engage, all the while using the app, climbing the ranks, and potentially securing their HOME tokens.

Web3 influencers are already flooding X (Twitter), with Kaito yap score screenshots.

Crossed 12,000 yaps today on @KaitoAI.

You may not like it, but this is what peak social reputation looks like in Web3. pic.twitter.com/YfIJ0CkBZt

KaitoAI’s Yaps system uses AI to analyze X posts on crypto topics. It rewards quality content with scores that influence leaderboards and airdrop eligibility.

While high scorers celebrate milestones, smaller accounts post self-deprecating shares. Against this backdrop, some users raise concerns about the system’s favoritism toward established voices.

Maker (MKR) to SKY Upgrade

Markets should also watch the transformation of Maker’s MKR token to SKY, featuring among the top crypto news today.

Final reminder: The 1% MKR to SKY Upgrade Penalty goes live tomorrow.

Don’t wait. Upgrade your MKR to SKY now: https://t.co/ihKOWWXxwC https://t.co/cqQJgAAcT4 pic.twitter.com/6AbjuDEUzl

Sky indicated that the 1% MKR to SKY upgrade penalty would go live today, Monday, September 22.

It comes after the vote to implement the Delayed Upgrade Penalty passed last week. As outlined in the Sky Atlas, the penalty will increase by 1% every three months.

Notably, the Upgrade Penalty does not apply to anyone who upgraded before September 22, 2025.