Layer-2 and DeFi tokens lead broad crypto advance as post-Fed hike nerves fade
Starknet and arbitrum gained more than 17% while the 10-year Treasury yield slipped back below 5%, with 98 of CoinDesk 100 constituents advancing.
CLARITY Act needs 3 more senators and a race against the clock for a 2026 revival
Seven Democratic senators said Sept. 16 that CLARITY’s failed Senate vote was not the end. The crypto market-structure bill fell short 49-50 the previous day on a procedural motion that needed 60 votes to advance. Getting from that statement to a law now depends on a compressed legislative calendar, still-unresolved policy disputes, and a House…
Why risk a smart contract exploit when safe US Treasuries pay better crypto yields?
The Federal Reserve raised its target range by 25 basis points to 3.75%-4.00% on Sept. 16, pushing the one-year Treasury yield to 4.45% the same day and pressuring crypto lending yields. That move lifts the return available to anyone willing to hold nothing riskier than government debt, setting a fresh benchmark for crypto lending yields…
Huge Pi Network Update Affects Over 900,000 Pioneers: Details
The team behind the popular project has released another major KYC and Mainnet migration update, clearing hundreds of thousands of previously stuck Pioneers while introducing new verification methods, including something called a palm-print trial. The update focuses primarily on so-called “corner cases” that prevented otherwise eligible users from completing KYC or accessing their migrated balances.…
Canada EU Odds: Prediction Markets Start Taking Bets, What Are They Saying?
Speculation that Canada could one day join the European Union has moved from an internet curiosity to a genuine geopolitical talking point in recent months. As a result, Canada EU odds across prediction market platforms such as Kalshi and Polymarket have begun gaining traction. The idea picked up momentum as Canada sought to reduce its…
XRP Price Prediction: Ripple Prints Most Bullish RSI Ratio Since Covid
XRP price trades at $1.32, clawing back ground after a brutal two-week stretch that saw it shed its value and prediction from the late-August peak. But the number that matters right now isn’t the price, it’s the RSI. One analyst just flagged a momentum reading so extreme that it hasn’t been seen since the depths…
Wall Street gains direct oversight of Web3 security as S&P Global buys OpenZeppelin
S&P Global has agreed to acquire smart contract security company OpenZeppelin in a transaction that would put the crypto company inside the group that includes S&P Global Ratings. The transaction remains subject to closing conditions, S&P Global’s announcement said. Financial terms were not disclosed, and S&P said it does not expect the deal to materially affect…
Iran’s Strait of Hormuz toll booth ran through a bitcoin exchange, U.S. says
The U.S. Treasury sanctioned BitBank, a Tehran exchange it says moved hundreds of millions of dollars in bitcoin to the Revolutionary Guards and handled payments collected from ships buying passage through the world’s most important oil chokepoint.
Solana speeds up blocks by 17%, but transaction capacity stays the same
The network is cutting its target slot time to 250 milliseconds, giving apps fresher blockchain data and validators shorter control windows while reducing the amount of work allowed in each slot.
Bitcoin Could Get More Support Than Gold as ETF Hedging Eases: JPMorgan
JPMorgan analysts led by Nikolaos Panigirtzoglou said in a note this week that Bitcoin (BTC) could draw more price support than gold if hedging demand in the ETF market eases, with short interest in BlackRock’s iShares Bitcoin Trust (IBIT) sitting near its highest level of the year. IBIT’s put-to-call open interest ratio runs above that…