Peter Schiff Says Trump Administration’s Economic Messaging Undermines Credibility, Makes Iran Claims Harder to Trust

Economist Peter Schiff criticized the Trump administration, saying its messaging on the economy is eroding its credibility. Cointelegraph reported on September 8 that Schiff argued the administration’s comments on economic conditions had weakened tru

US Senate to Decide CLARITY Act's Fate on Sept. 15

The U.S. Senate is due to decide the fate of the CLARITY Act, a market-structure bill for digital assets, on Sept. 15. Cointelegraph reported on Sept. 8 that the Senate is scheduled to vote on the CLARITY Act on Sept. 15. The CLARITY Act would revamp

Bitcoin Holds $79,000 Despite 3.7% Yen Surge, Diverging From 2024 Pattern

Bitcoin (BTC) held the $79,000 level even after the yen surged over a short period, marking a different pattern from the unwind of the yen carry trade in 2024. BeInCrypto reported on September 7 that the dollar-yen exchange rate fell to 154.50 from 1

US Retirement Account Balances Hit Record in Second Quarter as More Workers Tap Savings for Living Costs

US retirement account balances reached a record high in the second quarter, while more workers withdrew retirement savings to cover living costs. Cointelegraph, a cryptocurrency-focused media outlet, reported on September 7 that the average balance i

Iran Oil Imports Slump as U.S. Naval Blockade Cuts Offshore Stockpiles to 29 Million Barrels From 90 Million

Iran’s oil imports are falling rapidly as a U.S. naval blockade restricts the country’s crude exports. Walter Bloomberg reported on September 7 that Iranian crude stockpiled outside the Persian Gulf had fallen to 29 million barrels from 90 million ba

Hong Kong's Russian Gold Imports Surge to $14.5 Billion in First Seven Months of 2026

Hong Kong's imports of Russian gold surged to about $14.5 billion in the first seven months of 2026, up from virtually zero in 2019. The Financial Times reported on September 7 that Hong Kong imported about $14.5 billion worth of gold from Russia dur

U.S. Stocks Close Lower; Nasdaq Falls 0.29%

The three major U.S. stock indexes closed lower on September 5. The Nasdaq Composite fell 0.29% from the previous session to 26,506.99. The Dow Jones Industrial Average closed down 0.51% at 53,413.60, while the S&P 500 fell 0.40% to 7,716.95.

Peter Schiff Says US Economy Weaker Than at End of Biden Presidency

Prominent Bitcoin skeptic Peter Schiff said the US economy is now weaker than it was at the end of former President Joe Biden’s presidency. Cointelegraph reported on September 4 that Schiff made the remarks in response to Kevin Hassett, director of t

Tom Lee Says Crypto Stocks Account for About 20% of Russell 1000’s Top Q3 Gainers

Tom Lee, chairman of BitMine, said about 20% of the top-performing stocks in the Russell 1000 in the third quarter are crypto-related shares. In a post on X on Sept. 4, Lee wrote that BitMine has climbed 99% since the start of the third quarter, rank

Shorter September House Session May Delay Final Action on CLARITY Act

Final action on the CLARITY Act, a bill that would set a market structure for digital assets, could be delayed as the US House is poised to shorten its September session ahead of the midterm elections. Crypto news outlet U.Today reported on September

Strategy Ranks Fourth in US Equity Issuance This Year, Raising $20.9 Billion

Strategy, the publicly traded company with the world's largest Bitcoin holdings, has become the fourth-largest equity issuer in the US this year. Cointelegraph reported on September 3, citing Strategy-related data, that the company has raised a total

Lummis Says CLARITY Act Would Expand Wyoming’s Crypto-Friendly Framework Nationwide

Sen. Cynthia Lummis, a Wyoming Republican, said the CLARITY Act would extend Wyoming’s crypto-friendly regulatory framework across the US. Cointelegraph reported on Sept. 3 that Lummis said the bill would provide clearer rules for digital-asset compa

Hargreaves Lansdown Opens Bitcoin, Ether ETN Trading to 2 Million Investors

Hargreaves Lansdown, the UK’s largest investment platform, is opening trading in Bitcoin- and Ether-linked exchange-traded notes, or ETNs, to about 2 million investors. Cointelegraph reported on September 3 that Hargreaves Lansdown announced it would

Uniswap Robinhood Stock Token Trading Volume Tops $3 Billion

Trading volume in Robinhood stock tokens on global decentralized exchange Uniswap has surpassed $3 billion. Cointelegraph reported on Sept. 2 that Robinhood stock token volume increased by another $2 billion over the past two weeks. That brought cumu

Ondo Says US Can Permit Perpetual Stock Futures Under Existing Rules

Ondo has urged the US Securities and Exchange Commission and the Commodity Futures Trading Commission to allow stock-based perpetual futures in the US market. Cointelegraph reported on September 2 that Ondo believes the products can be supported unde

Trump Says He Is Ready to Strike Iran Again, Expects Current Operation to Be Brief

President Donald Trump said the U.S. is prepared to launch additional strikes on Iran, while indicating the current military operation will not last long. Walter Bloomberg reported on September 2 that Trump, addressing the possibility of another atta

Goldman Sachs Favors Stocks Over Credit for Next 12 Months as Late-Cycle Risks Grow

Goldman Sachs favors equities over credit over the next 12 months as risks tied to the late stage of the economic cycle increase. Walter Bloomberg reported on September 2 that Goldman Sachs sees solid corporate earnings, slowing but resilient economi

Crypto VCs Crowd Into Late-Stage Deals, Hurting Returns

Crypto venture capital firms are channeling more money into late-stage projects to limit investment risk, but the strategy is increasing market risk and eroding returns. CoinDesk columnist Varun Datta wrote on September 2 that 57% of crypto VC fundin

Fed Rate-Hike Odds for This Year Climb to 77% Despite Weak July Job Openings

Markets are pricing in a 77% chance that the Federal Reserve will raise its benchmark interest rate before 2027. Cointelegraph, a cryptocurrency-focused media outlet, reported on September 1 that the odds of a Fed rate increase this year had risen to

Musk Urges G20 to Increase Startup Investment, Says Support for Established Firms Is Excessive

Elon Musk, Tesla's chief executive officer, urged Group of 20 leaders to increase investment in startups. Cointelegraph reported on September 1 that Musk said governments tend to provide too much support to established companies and that startups nee

US Stocks Turn Lower, With Nasdaq Down 1.01%

The three major U.S. stock indexes were trading lower on September 2. The Nasdaq Composite fell 1.01% from the previous close to 26,103.27. The Dow Jones Industrial Average dropped 0.80% to 52,761.29, while the S&P 500 declined 0.71% to 7,631.74.

CLARITY Act Faces Sept. 15 Senate Vote as Crypto Industry Grows Pessimistic on 2026 Passage

The CLARITY Act, which would establish a regulatory framework for the US digital-asset market, is headed for a Senate vote on Sept. 15. Industry participants are increasingly doubtful the measure will pass this year. CNBC reported on Sept. 1 that the

US Commerce Department to Publish GDP, Inflation Data On-Chain via Chainlink

Cointelegraph reported on Sept. 1 that the US Department of Commerce is working with Chainlink (LINK) to publish key macroeconomic data, including gross domestic product and inflation indicators, on public blockchains. It marks the first time a US fe

US Stocks Close Lower, Nasdaq Falls 0.12%

The three major US stock indexes closed lower on September 1. The Nasdaq Composite fell 0.12% from the previous session to 26,370.89. The Dow Jones Industrial Average dropped 0.70% to 53,186.32, while the S&P 500 declined 0.34% to 7,685.42.

Buffett, Wood, Saylor Investment Vehicles Lag S&P 500 This Year

Publicly traded investment companies led by well-known investors including Warren Buffett, Cathie Wood and Michael Saylor have trailed the S&P 500 so far this year, Cointelegraph reported on September 31. Listed investment vehicles run or led by Davi

Bessent Rebuts Druckenmiller’s Criticism of Treasury-Market Intervention, Says He Would Have Lost Money

U.S. Treasury Secretary Scott Bessent pushed back against investor Stanley Druckenmiller’s criticism of intervention in the U.S. Treasury market. Walter Bloomberg reported on September 31 that Bessent, referring to when Druckenmiller submitted an opi

Wall Street Closes Lower; Nasdaq Falls 0.52%

The three major U.S. stock indexes closed lower on August 29. The Nasdaq Composite fell 0.52% from the previous session to 26,402.42. The Dow Jones Industrial Average slipped 0.02% to 53,559.34, while the S&P 500 fell 0.25% to 7,711.48.

U.S. Stocks Turn Lower; Nasdaq Falls 0.65%

The three major U.S. stock indexes were trading lower on August 29. The Nasdaq Composite fell 0.65% to 26,369.21. The Dow Jones Industrial Average slipped 0.07% to 53,529.69, while the S&P 500 declined 0.35% to 7,703.49.

Bessent Says Warren Doesn't Understand FX Markets, Criticizes Yen-Support Letter

US Treasury Secretary Scott Bessent criticized a letter sent by Senator Elizabeth Warren regarding US support for the yen market. Cointelegraph reported on Aug. 28 that Bessent, referring to Warren's letter, said, "She doesn't know much about banks,

Binance Futures Trading Shifts to Bitcoin, Ether as Altcoin Share Falls to 47%

Trading on Binance's futures market is shifting away from altcoins and toward Bitcoin and Ether, Cointelegraph reported on Aug. 28. Altcoins accounted for 47% of Binance futures trading volume, down 16 percentage points from 63% a week earlier, accor