Bitget Raises Estimated Losses From Recent Incident to $387.5 Million, Introduces Recovery Bounties

Cryptocurrency exchange Bitget has raised its estimate of losses from a recent incident to $387.5 million and introduced a bounty program to help recover assets. Cointelegraph reported on Sept. 25 that Bitget revised up the estimated damage from the

U.S. Stocks Close Mixed; Nasdaq Edges Up 0.01%

The three major U.S. stock indexes closed mixed on Sept. 25. The Nasdaq Composite rose 0.01% from the previous session to 26,939.37. The Dow Jones Industrial Average fell 0.31% to 51,349.89, while the S&P 500 slipped 0.04% to 7,703.68.

CIFC Says Fed May Be Losing Control of Long-Term Treasury Yields

Long-term U.S. Treasury yields are being driven more by external factors such as government borrowing and crude oil prices than by the Federal Reserve’s monetary policy, according to an analysis from asset manager CIFC cited by Walter Bloomberg on Se

SEC's Peirce Says Zero-Knowledge Proofs Can Verify Compliance Without Collecting Personal Data

Hester Peirce, a commissioner at the U.S. Securities and Exchange Commission, said zero-knowledge proofs could be used to verify regulatory compliance without directly collecting users' personal information. Cointelegraph reported on Sept. 24 that Pe

Google, OpenAI, Anthropic Discuss Creating AI Safety Standards Group

Google, OpenAI and Anthropic are discussing the creation of a joint standards group to bolster artificial intelligence safety and security, Cointelegraph reported on September 24. Representatives of the three companies have been exploring ways to coo

Kevin Hassett Questions Fed Rate Hike, Says Warsh Leads an Unusually Partisan Fed

Kevin Hassett, director of the White House National Economic Council, questioned the Federal Reserve’s recent decision to raise interest rates. Walter Bloomberg reported on September 23 that Hassett had raised doubts about the Fed’s latest rate incre

Trump Stresses Need to Keep Venezuelan Oil Flowing in First Talks With Acting President Rodriguez

President Donald Trump stressed the importance of maintaining Venezuelan oil supplies during his first meeting with acting Venezuelan President Delcy Rodriguez, Walter Bloomberg reported on September 23. Trump did not demand a specific timetable for

SEC’s Uyeda Says Dropping Crypto Lawsuits Was Meant to Protect Regulator’s Credibility

Mark Uyeda, a commissioner at the U.S. Securities and Exchange Commission, said the agency dropped cryptocurrency-related lawsuits to avoid damaging the regulator’s credibility. Eleanor Terrett, host of the U.S. podcast “Crypto in America,” said on S

White House Crypto Chief Says Trump Administration Will Keep Pushing Clarity Act

Patrick Witt, executive director of the White House's crypto council, said the Trump administration will continue pursuing the Clarity Act after the bill failed in a recent Senate procedural vote. The Block reported on September 23 that Witt, speakin

Rubio Says Trump May Have More Chances to Engage China at APEC, G20 Later This Year

U.S. Secretary of State Marco Rubio said President Donald Trump could have another opportunity to engage with China later this year. Walter Bloomberg reported on September 23 that Rubio said Trump could have a chance to reconnect with the Chinese sid

BofA Says Brent Could Top $150 a Barrel if Iran War Supply Disruptions Persist

Bank of America said Brent crude could climb above $150 a barrel if oil supply disruptions stemming from the Iran war are prolonged. Cointelegraph reported on September 22 that BofA sees the duration of supply disruptions caused by the Iran war as a

Bitcoin Turns Higher After 14-Month Bear Market, Echoing Past Gold Pattern

Bitcoin (BTC) is gaining after moving beyond the average duration of past bear markets in both Bitcoin and gold, according to an analysis. Bitcoin Magazine reported on September 22 that past bear markets in Bitcoin and gold typically lasted about 14

Binance Research Says RWA Perpetual Futures Are Capturing Demand Outside Regular US Stock Hours

Perpetual futures tied to real-world assets, or RWAs, are absorbing investor demand that emerges outside regular US stock-market trading hours, Binance Research said. On Sept. 22, crypto-focused media outlet Wu Blockchain reported that Binance Resear

Tether Passed on EU License Over MiCA Rule Requiring 60% of Reserves in Bank Deposits, CEO Says

Tether opted not to apply for a European Union license because of a rule requiring major stablecoin issuers to hold at least 60% of their reserves in bank deposits. Wu Blockchain reported on September 22 that Tether CEO Paolo Ardoino said the company

Kalshi Seeks CFTC Approval for Margin Trading

Prediction-market platform Kalshi has asked the US Commodity Futures Trading Commission for permission to let users trade with borrowed funds. CNBC reported on September 22 that Kalshi requested the CFTC's approval to introduce margin trading on its

U.S. Stocks Close Higher; Nasdaq Rises 2.26%

The three major U.S. stock indexes closed higher on September 22. The Nasdaq Composite rose 2.26% from the previous session to 27,122.09. The Dow Jones Industrial Average gained 0.71% to 52,050.26, while the S&P 500 advanced 1.51% to 7,765.83.

Lummis Says Democrats Opposed CLARITY Act Despite Clause on Crypto Issuer Liability for False Disclosures

Sen. Cynthia Lummis, a Wyoming Republican, said Democrats opposed the CLARITY Act even though it includes a provision holding cryptocurrency issuers legally liable for false disclosures. Cointelegraph reported on September 21 that Lummis said the CLA

Bessent Says He Held 12 Hours of Talks With China’s He Lifeng on Economy, AI

U.S. Treasury Secretary Scott Bessent said he held 12 hours of talks with Chinese Vice Premier He Lifeng on economic issues and artificial intelligence. Cointelegraph reported on Sept. 21 that Bessent said the meeting with He covered economic matters

Glassnode Says Bitcoin Gets Boost From Short Covering in $82,000-$86,000 Range

Bitcoin is coming under upward pressure as short positions built up in the $82,000 to $86,000 range are liquidated and covered, Glassnode said. On Sept. 21, the on-chain analytics firm said investors with short positions were rushing to close them as

Bloomberg Intelligence Says Crypto Faces ‘Catch-22’ Amid High Correlation With Stocks

The cryptocurrency market may be vulnerable regardless of which way stocks move because it is highly correlated with equities and subject to greater volatility, according to Bloomberg Intelligence. On Sept. 20, Mike McGlone, Bloomberg Intelligence’s

Trump Signals Creation of 'AI Force,' Says Sector Could Make Up 25% of US GDP

President Donald Trump said he is creating a new organization focused on the artificial intelligence industry and will soon announce an official to oversee US AI policy. Walter Bloomberg reported on September 19 that Trump said on social media he was

U.S. Stocks Close Mixed; Nasdaq Rises 0.40%

The three major U.S. stock indexes closed mixed on Sept. 19. The Nasdaq Composite rose 0.40% from the previous session to 26,522.55. The Dow Jones Industrial Average fell 0.19% to 51,680.74, while the S&P 500 edged up 0.07% to 7,643.03.

Goldman Sachs Warns Slowing Profit Growth May Fuel ‘Earnings Bubble’

Goldman Sachs warned that slowing corporate profit growth could lead to a so-called earnings bubble. Cointelegraph reported on September 18 that Goldman Sachs expects companies’ earnings growth rates to ease from current levels. The bank said the odd

Only 3% of U.S. Consumers Pay for AI Services, With Youngest Group Adopting Four Times Faster

Only 3% of U.S. consumers are paying for artificial intelligence services, underscoring how limited paid AI adoption remains. Cointelegraph reported on September 18 that use of paid AI services is still low among U.S. consumers. The gap by age, howev

Yahoo Finance Ends Prediction Market Partnership With Polymarket

Yahoo Finance has ended its partnership with blockchain-based prediction market platform Polymarket, Bloomberg reported on September 18. Yahoo Finance discontinued its prediction-market collaboration with Polymarket, Bloomberg said. The two companies

Strategy CEO Says Global Systemically Important Banks to Enter Bitcoin Services Within a Year

Strategy CEO Phong Le said global systemically important banks will move into Bitcoin-related services within the next year. Bitcoin Magazine reported on September 18 that Le expects those banks to begin offering Bitcoin-related services over the com

New York Stocks Close Higher; Nasdaq Gains 1.69%

The three major U.S. stock indexes closed higher on Sept. 18. The Nasdaq Composite rose 1.69% from the previous session to 26,418.30. The Dow Jones Industrial Average gained 0.62% to 51,779.85, while the S&P 500 advanced 1.13% to 7,637.95.

Kevin O'Leary Says Congress May Revisit Crypto Market-Structure Clarity Act Next Year

Billionaire investor Kevin O'Leary said the U.S. Congress may resume debate as early as the first quarter of next year on the Clarity Act, a crypto market-structure bill. O'Leary told CoinDesk on September 17 that the chances of the bill passing this

Oracle Invests in 10 Texas Wind Projects to Secure Power for AI Data Centers

Oracle is investing in 10 wind power projects in Texas to help meet electricity demand from its artificial intelligence data centers. Cointelegraph reported on September 17 that the projects will have combined generating capacity of more than 1.7 gig

Wall Street Boosts Calls for Another Fed Rate Hike After Hawkish September FOMC, Some Banks Revise Forecasts

The Federal Reserve’s September Federal Open Market Committee meeting struck a more hawkish tone than expected, fueling a broader shift on Wall Street toward forecasts for another rate increase. Walter Bloomberg reported on September 17 that Goldman