Found 6933 news
Bitcoin futures open interest dropped by $2 billion ahead of this week’s FOMC, but the Coinbase premium index shows traders are determined to defend the $115,000 price level. Key takeaways: Bitcoin futures open interest fell $2 billion in five days, signaling cautious futures traders. Binance taker volume averages cycle lows as the market waits for Fed’s interest rate decision. Read more
Google’s AI payment protocol was developed in collaboration with Coinbase, signaling crypto’s growing role in powering the AI-driven digital economy. Google has unveiled an open-source protocol that allows AI applications to send and receive payments, including transactions using stablecoins — highlighting the growing role of dollar-pegged cryptocurrencies in the emerging AI-driven web. The initiative is being launched in partnership with Salesforce, American Express and more than 60 other companies, Fortune reported Tuesday. Stablecoin functionality was developed in collaboration with crypto exchange Coinbase, and the Ethereum Foundation was also consulted on the project. James Tromans, head of Web3 at Google Cloud, confirmed the rollout, telling Fortune that the protocol was designed to support both “existing payment rail capabilities as well as forthcoming capabilities such as stablecoins.” Read more
Bitcoin price action swirls around $115,000 as gold sets new record highs, but markets are getting cautious going into Wednesday's FOMC meeting. Key points: Bitcoin attempts to liquidate longs at the Wall Street open with $115,000 a focus. Markets are flipping short ahead of Wednesday’s Federal Reserve meeting. Read more
The US Federal Reserve is expected to cut rates, which could prove a bullish signal for crypto markets. As the US Federal Reserve prepares to adjust interest rates on Wednesday, a broader shake-up at the central bank could have serious implications for crypto markets. The Fed is expected to cut interest rates tomorrow, in a move that traditionally signals a rally in crypto markets: Lower yields on assets like bonds mean riskier assets like crypto are more attractive. The expected rate cuts come amid a political battle and a new appointment to the Federal Reserve. US President Donald Trump’s administration has charged Fed governor Lisa Cook with mortgage fraud as it seeks her removal. Meanwhile, the Senate has confirmed White House economic adviser Stephen Miran to the board of governors. Read more
Spot Bitcoin ETFs saw $260 million in inflows on Monday, extending a six-day streak that may fuel BTC price to finally break the resistance level at $118,000. Key takeaways: Bitcoin’s failure to rise beyond $118,000 points to strong resistance around this area. Bitcoin ETFs recorded six days of consecutive inflows totaling $2 billion. Read more
Bitcoin's exponential growth cycles are shrinking dramatically, signaling potential technological maturity limits. Opinion by: Joshua Chu, co-chair of the Hong Kong Web3 Association When you were young, you often felt belittled for your lack of experience. Yet, our elders will simultaneously lament to us that time is on our side. Bitcoin, like any youthful emerging tech, is the same. The early years are full of uncertainties, yet filled with the promise of boundless possibilities. Time is on our side to learn, adapt and grow. Read more
UBS, Sygnum Bank and PostFinance completed a blockchain study proving the technology’s efficacy for bank deposits and institutional payment infrastructure. Some of Switzerland’s largest banks completed a proof-of-concept (PoC) that tested blockchain technology and smart contracts for interbank payments, marking what they said was the first legally binding bank payment via a public blockchain. Under the umbrella of the Swiss Bankers Association (SBA), UBS, PostFinance and Sygnum Bank conducted a feasibility study on blockchain-based deposit tokens and payments infrastructure, the SBA announced Tuesday. The test initiated an offchain fiat money transfer triggered by payment instructions tokenized on the blockchain as a “deposit token.” The first use case executed a payment between bank customers of the participating banks, while the second tested an escrow-like process that exchanged deposit tokens for tokenized real-world assets (RWAs) with automatically processed transactions. Read more
Pudgy Penguins’ Pudgy Party racks up 500K downloads with a tournament planned for Q4, Pirate Nation is shutting down, and more: Web3 Gamer. Pudgy Penguins new battle royale game, Pudgy Party, has racked up half a million downloads within the first two weeks of launching, and gamers are praising how subtle and well-integrated the Web3 elements are. It has just the right am [amount] of Web3 and doesnt force you to buy tokens or NFTs from the start, gamer Spike said in an X post. Ive played 300+ Web3 games and its safe to say @PlayPudgyParty is nothing short of a masterpiece. Several blockchain and gaming firms have recently told Magazine that the key to onboarding a mass wave of gamers onto Web3 is to make blockchain itself invisible. Read more
Pudgy Penguins’ Pudgy Party racks up 500K downloads with a tournament planned for Q4, Pirate Nation is shutting down, and more: Web3 Gamer. Pudgy Penguins new battle royale game, Pudgy Party, has racked up half a million downloads within the first two weeks of launching, and gamers are praising how subtle and well-integrated the Web3 elements are. It has just the right am [amount] of Web3 and doesnt force you to buy tokens or NFTs from the start, gamer Spike said in an X post. Ive played 300+ Web3 games and its safe to say @PlayPudgyParty is nothing short of a masterpiece. Several blockchain and gaming firms have recently told Magazine that the key to onboarding a mass wave of gamers onto Web3 is to make blockchain itself invisible. Read more
Pudgy Penguins’ Pudgy Party racks up 500K downloads with a tournament planned for Q4, Pirate Nation is shutting down, and more: Web3 Gamer. Pudgy Penguins new battle royale game, Pudgy Party, has racked up half a million downloads within the first two weeks of launching, and gamers are praising how subtle and well-integrated the Web3 elements are. It has just the right am [amount] of Web3 and doesnt force you to buy tokens or NFTs from the start, gamer Spike said in an X post. Ive played 300+ Web3 games and its safe to say @PlayPudgyParty is nothing short of a masterpiece. Several blockchain and gaming firms have recently told Magazine that the key to onboarding a mass wave of gamers onto Web3 is to make blockchain itself invisible. Read more
Pudgy Penguins’ Pudgy Party racks up 500K downloads with a tournament planned for Q4, Pirate Nation is shutting down, and more: Web3 Gamer. Pudgy Penguins new battle royale game, Pudgy Party, has racked up half a million downloads within the first two weeks of launching, and gamers are praising how subtle and well-integrated the Web3 elements are. It has just the right am [amount] of Web3 and doesnt force you to buy tokens or NFTs from the start, gamer Spike said in an X post. Ive played 300+ Web3 games and its safe to say @PlayPudgyParty is nothing short of a masterpiece. Several blockchain and gaming firms have recently told Magazine that the key to onboarding a mass wave of gamers onto Web3 is to make blockchain itself invisible. Read more
Pudgy Penguins’ Pudgy Party racks up 500K downloads with a tournament planned for Q4, Pirate Nation is shutting down, and more: Web3 Gamer. Pudgy Penguins new battle royale game, Pudgy Party, has racked up half a million downloads within the first two weeks of launching, and gamers are praising how subtle and well-integrated the Web3 elements are. It has just the right am [amount] of Web3 and doesnt force you to buy tokens or NFTs from the start, gamer Spike said in an X post. Ive played 300+ Web3 games and its safe to say @PlayPudgyParty is nothing short of a masterpiece. Several blockchain and gaming firms have recently told Magazine that the key to onboarding a mass wave of gamers onto Web3 is to make blockchain itself invisible. Read more
Saifedean Ammous warned Argentina’s high-yield bond strategy is unsustainable, calling it a “Ponzi” that could push investors toward Bitcoin as the peso crumbles. Economist and author of “The Bitcoin Standard,” Saifedean Ammous, warned that Argentina’s financial system is on the brink of collapse, calling President Javier Milei’s economic program a “debt and inflation Ponzi” propped up by unsustainable bond yields and money printing. In a post on X, Ammous argued that Argentina’s government has created a financial system where bond speculation is the only path to financial security. “The only concrete achievement of his administration so far is that it destroyed the currency and created a shitcoin casino,” he said. At the center of the crisis is what locals call “la bicicleta financiera,” a high-yield carry trade where investors buy short-term government bonds that offer interest rates exceeding the pace of peso devaluation. According to Ammous, this setup, which has become the country’s most lucrative indust...
LimeWire has acquired the rights to the infamous Fyre Festival and plans to revive the brand through Web3 integrations with its LMWR token. LimeWire, a former file-sharing platform turned Web3 company, acquired the rights to the infamous Fyre Festival brand and plans to relaunch it with a crypto twist. In a Tuesday announcement, LimeWire said it had purchased the Fyre Festival’s trademark, logo, domain and social media accounts. Marcus Feistl, LimeWire’s chief operating officer, told Cointelegraph that the new iteration will include offline events, with LimeWire’s LMWR token powering access to products and services. The Fyre Festival became a symbol of failed hype in 2017, when a promised luxury music event in the Bahamas collapsed into chaos, leaving attendees stranded without proper food or accommodations. Its founder, Billy McFarland, was later convicted of fraud and sentenced to prison. LimeWire confirmed that McFarland is not involved in the new project. Read more
Strategic Solana Reserve data showed that Solana treasuries have hit 17.11 million SOL tokens, worth over $4 billion at current prices. Solana-based corporate treasuries surged past $4 billion as companies have continued to accumulate the cryptocurrency, according to new data. Data from the reserve tracker, Strategic Solana Reserve, showed on Tuesday that Solana treasuries hit 17.11 million tokens, worth $4.03 billion at current prices. The reserves accounted for almost 3% of Solana’s (SOL) circulating supply of more than 600 million tokens. The largest participant was Forward Industries, which held more than 6.8 million SOL, worth $1.61 billion. Other firms such as Sharps Technology, DeFi Development Corp. and Upexi each held about 2 million SOL, with individual allocations exceeding $400 million. Read more
While some legal experts see France’s threat as legally feasible, others argue that it’s only a warning for crypto firms looking for licensing loopholes in the EU. France’s warning that it may try to block cryptocurrency companies from operating in the country under licenses issued by other European Union member states — known as passporting — has raised questions about enforcement of the 27-nation bloc’s flagship crypto law. France’s securities regulator, the Autorité des Marchés Financiers (AMF), is considering a ban on crypto firms operating in France under licenses obtained in other member states, Reuters reported Monday. The move reportedly stems from the AMF’s concern that some crypto companies seek licenses in more lenient EU jurisdictions. The warning came less than a year after the EU’s Markets in Crypto-Assets Regulation (MiCA) took effect for crypto-asset service providers. MiCA was designed to create a harmonized framework across Europe and prevent the kind of regulatory arbitrage the AMF is flagg...
Ether price eyed fresh highs as it held above a key trendline, with markets betting on a 96% chance of Fed cuts and further easing this year. Ethereum’s native token, Ether (ETH), has fallen 5.73% from its weekend high near $4,766, retreating as traders trim risk ahead of Wednesday’s Federal Reserve interest rate decision. The pullback reflects caution in the market, but the bigger question is whether the Fed’s potential dovish shift could reignite Ethereum’s rally and how far its next move might extend. Ether bulls are defending the 20-day exponential moving average (20-day EMA; the green wave) near $4,450, showing resilience as markets price in a 96.1% chance of a Fed rate cut this week, up from 85.4% a month ago, with two more reductions expected by year’s end. Read more
Crypto Finance, part of the Deutsche Börse Group, launched AnchorNote to let institutions trade across venues without moving assets out of custody. Crypto Finance, a subsidiary of Deutsche Börse Group, launched a new off-exchange settlement solution to improve capital efficiency and trading flexibility for institutional crypto investors. The new product, Crypto Finance AnchorNote, allows institutions to trade on different platforms without moving their assets out of custody. It also helps them settle trades off-exchange and earn yields within a compliant, risk-controlled setup, according to a Tuesday announcement. “With Crypto Finance AnchorNote, we are closing a critical gap between custody and capital efficiency,” said Philipp Dettwiler, head of custody and settlement at Crypto Finance. The launch is initially focused on the Swiss market, with a broader European rollout expected in the near term. Read more
Whale selling and a reduction in XRP ledger activity over the past two months increased the downside potential for XRP price to drop toward $2. Key takeaways: XRP’s failure to hold $3 points to a continued downside risk to $2.40-$2.00. Whales continue to sell XRP. Read more
SC Ventures plans to launch a digital asset fund in 2026, with a focus on global digital asset investment opportunities. Update Sept. 16, 11:33 am UTC: This article has been updated to clarify that SC Ventures is launching a digital asset fund, not a crypto fund. Update Sept. 16, 1:38 pm UTC: This article has been updated to include comments from an SC Ventures representative. Standard Chartered’s venture arm is preparing to launch a $250 million digital asset investment fund in 2026, signaling growing institutional appetite for digital assets. Read more6933 items