SEC's Atkins Backs CLARITY Act, Says Crypto Regulatory Overhaul Will Continue Regardless

Paul Atkins, chair of the U.S. Securities and Exchange Commission, backed congressional passage of the CLARITY Act while signaling the agency will continue pressing ahead with crypto regulatory reform regardless of whether the bill is enacted. CoinDe

Fed Halts Reserve-Management T-Bill Purchases for Second Straight Month, Citing Ample Bank Reserves

The Federal Reserve will halt short-term Treasury purchases for reserve management for a second straight month, concluding that reserves in the banking system remain ample. Bloomberg reported on September 14 that the New York Fed's Open Market Tradin

Bitcoin Spot, Perpetual Futures Volume Surges to Multi-Month High, Signaling Shift to Early Bull Phase

Bitcoin spot and perpetual futures trading volumes climbed to their highest levels in months as prices rose, a sign the market may be shifting from a bear market into an early bull phase, according to CryptoQuant. In its weekly report published Sept.

New York AG, 17 Other State Attorneys General Urge Congress to Oppose CLARITY Act, Citing Weaker Investor Protections

Attorneys general from 18 U.S. states, including New York, urged Congress to vote against the CLARITY Act ahead of a key Senate procedural vote on September 15. The Block reported on September 14 that New York Attorney General Letitia James and 17 ot

Wall Street Bets on Crypto Data Firm Kaiko as Funding Round Grows to $110 Million

Wall Street’s push into blockchain-based 24-hour trading and asset tokenization is drawing global financial firms to crypto data provider Kaiko. Bloomberg reported on September 14 that S&P Global led Kaiko’s latest funding round. DRW Holdings, Susque

Strategy Buys Back Another $139 Million of STRC, Makes No Bitcoin Purchases Last Week

Strategy, the world's largest corporate holder of Bitcoin, repurchased an additional $139 million of its STRC preferred stock and made no Bitcoin purchases last week. Strategy said on Sept. 14 that it bought back $139 million of STRC, extending its e

XRP Break Above $1.38 Would Confirm Uptrend, Open Path to $1.60: Analysis

XRP is testing a technical resistance level, and a sustained move above $1.38 could send the token as high as $1.60, according to an analysis. Crypto analyst Ali Martinez wrote on X on September 14 that XRP is showing breakout momentum. He said the k

Iran, Gulf States Postpone Hormuz Temporary Shipping-Lane Talks at Saudi Request; Brent Tops $108

Talks Iran and Gulf Arab states had been preparing on temporary shipping lanes through the Strait of Hormuz have been postponed at Saudi Arabia’s request. Bloomberg reported on September 14 that Iran’s Foreign Ministry said the meeting between Iran a

Tech Stocks Tumble on Calls to Slow AI Development; Bitcoin, Ether Rise 1%

Technology stocks fell while Bitcoin and Ether rose after executives at major global artificial intelligence companies called for slowing the pace of AI development. CoinDesk reported on September 14 that U.S. technology and AI-related shares fell ac

Robinhood CEO Says Tokenized Stocks Don’t Need Issuer Consent if Rights Stay Unchanged

Robinhood CEO Vlad Tenev said tokenized stock products do not require consent from the underlying company as long as they do not alter existing shareholder rights or create new corporate obligations. In a post on X on Sept. 11, Tenev wrote that wheth

Altman Joins Calls to Pace AI Development, Says Progress Can Be Slowed for Safety

Sam Altman, chief executive officer of OpenAI, backed calls to pace artificial intelligence development so the technology does not outstrip humanity’s ability to control it. Bloomberg reported on September 14 that Altman wrote on X a day earlier that

ECB Poised for Second Rate Hike Since Iran War, With Deposit Rate Seen at 2.5%

The European Central Bank is poised to raise its deposit rate to 2.5% on September 10 as a surge in energy prices linked to the Iran war keeps inflation well above target. Bloomberg reported on September 10 that the ECB is expected to lift the deposi

U.S. Spot-Bitcoin ETFs See $120.24 Million in Net Outflows for Second Straight Session

Net outflows continued from U.S. spot-Bitcoin exchange-traded funds. According to Trader T, U.S. spot-Bitcoin ETFs posted total net outflows of $120.24 million on Sept. 9. It was the second straight trading session of net outflows. Among individual p

Trezor Says Third-Party Email Provider Was Breached, Warns ‘STM32 Entropy Vulnerability’ Email Is Phishing

Hardware wallet maker Trezor warned users to be on alert for phishing emails impersonating the company after a security breach at a third-party email service provider. In a post on its official X account on September 9, Trezor said “a third-party ema

Gold Pauses Near $4,400 as Traders Watch US Inflation Data for Fed Rate-Hike Signals

Gold held steady near $4,400 an ounce as markets looked ahead to U.S. inflation data due this week for clues on whether the Federal Reserve will raise interest rates. Bloomberg reported that spot gold was little changed at $4,400.32 an ounce as of 7:

Oil Surges Again as WTI Tops $97 and Brent Breaks Above $101

Oil prices climbed again after Iran warned it would intensify its offensive if U.S. attacks continue, stoking fears of disruptions to energy supplies moving through the Strait of Hormuz. Bloomberg reported on September 9 that West Texas Intermediate

Bitcoin Miner Stocks Trail Bull Run, Lagging Exchange and Stablecoin Shares

Most crypto-related stocks have risen during Bitcoin’s bull run, but Bitcoin mining shares alone have continued to lag. The Block, a crypto-focused media outlet, reported on September 9 that Bitcoin has climbed about 22% since August 17. Over the sam

Bitcoin Reclaims $79,000 as Market Braces for Volatility Ahead of U.S. Inflation Data

Bitcoin rebounded after falling below $78,000 intraday, with investor focus shifting to inflation data due ahead of next week's Federal Open Market Committee meeting. As of 1:56 p.m. in Korea on September 9, Bitcoin was trading at $79,181.02 on Binan

Hunter Biden Unveils Meme Coin ‘LAPTOP,’ Says 20% Will Be Airdropped to Community

Hunter Biden, the son of former U.S. President Joe Biden, has personally outlined the rationale for launching his meme coin, LAPTOP, and disclosed its token allocation plan. In a post on X on Sept. 8, Biden said he was launching LAPTOP after turning

Samsung, SK Hynix Rise on U.S. Chip Rally as Oil Spike Caps Gains

Samsung Electronics and SK Hynix were trading modestly higher early on September 9, as strength in U.S. semiconductor shares was tempered by a sharp rise in global oil prices. As of 9:11 a.m., Samsung Electronics was up 0.19% from the previous sessio

[Today’s Key Economic and Cryptocurrency Events] South Korea’s August Unemployment Rate Due

<Today’s Key Economic Events> ▶︎ Sept. 9 (Wed.): △ South Korea’s August unemployment rate (8 a.m.) △ China’s August consumer price index and producer price index (10:30 a.m.) <Today’s Key Cryptocurrency Events> ▶︎ Sept. 9 (Wed.): △ X

US Military Says It Destroyed Five Iranian Oil Tankers After Missile Attack on Navy Ship

The US military said it destroyed five Iranian oil tankers in response to an attack by Iran’s Islamic Revolutionary Guard Corps on a US Navy vessel. US Central Command said on X on Sept. 8 that it destroyed the five tankers after the IRGC targeted a

Strive Buys 1,375 More Bitcoin, Bringing SATA Balance to Brink of $1 Billion

Strive (ASST), which is pursuing a Bitcoin treasury strategy, expanded its holdings with another large purchase last week. The balance of its self-issued SATA preferred stock also moved close to $1 billion. The Block reported on Sept. 8 that Strive b

AUSTRAC Cancels, Suspends or Refuses Renewals for 45 Crypto and Remittance Firms

Australia’s financial intelligence agency, AUSTRAC, said it canceled, suspended or refused to renew the registrations of 45 crypto and remittance businesses over the past year as it stepped up oversight of payment providers considered at high risk fo

Social Trading Platform Fomo Overtakes Pump.fun in Daily Revenue

Social trading platform Fomo has surpassed Solana-based memecoin launchpad Pump.fun in daily revenue. Cointelegraph reported on September 8, citing DefiLlama data, that Fomo generated $1.76 million in revenue on September 4. Pump.fun recorded $1.1 mi

Canary Staked TRX ETF to Begin Trading on US Cboe on Sept. 9

Canary Capital’s staked Tron exchange-traded fund is set to list on Cboe in the US. ETF analyst Henry Jim wrote on Sept. 7 that the Canary Staked TRX ETF will begin trading on Cboe on Sept. 9 under the ticker TRXS. The fund invests in Tron (TRX) and

[Today’s Key Economic and Crypto Events] South Korea Q2 GDP on Tap

<Today’s Key Economic Events> ▶︎ Sept. 8 (Tuesday): △ South Korea second-quarter GDP (8 a.m.) △ Japan second-quarter GDP (8:50 a.m.) <Today’s Key Cryptocurrency Events> ▶︎ Sept. 8 (Tuesday): △ Deadline for the "Karst" upgrade on World Chain’s Sepolia

Oil Extends Gains as Iran-Oman Hormuz Shipping Pact Raises Control Concerns

Oil extended its rally as Iran and Oman discussed a plan to manage vessel traffic through the Strait of Hormuz, stoking concern that Tehran could tighten its grip on one of the world’s most critical crude shipping lanes. Bloomberg reported on Septemb

Bitcoin-Gold Correlation Hits Nine-Year High as Nasdaq Link Falls to One-Year Low

Bitcoin is moving more closely with gold while its correlation with the tech-heavy Nasdaq has weakened, highlighting the cryptocurrency's "digital gold" characteristics, according to a report. Ublockchain, citing Protos on September 7, reported that

Ethereum Buying Pressure Picks Up as Taker Ratio Tops 1; Upside Momentum Seen Strengthening if It Holds

Ethereum's market-buying pressure is outpacing selling, raising the prospect of stronger price momentum if that buying advantage persists. CryptoQuant contributor Arab Chain wrote on September 7 that Ethereum's Taker Buy/Sell Ratio on Binance stood a