Crypto News

BTCC Exchange Launches $1M "Trade to Win" Competition Ahead of TOKEN2049, with Tesla Cybertruck as Top Prize GEORGE TOWN, Cayman Islands, September 10th, 2026, Chainwire BTCC, the world’s longest-serving cryptocurrency exchange, has launched its "Trade To Win" trading competition to celebrate TOKEN2049 Singapore 2026. Featuring a $1,000,000 prize pool and a Tesla Cybertruck as the top prize, the campaign is one of the exchange’s most rewarding trading competitions to date. As the platinum sponsor of TOKEN2049 Singapore, BTCC launched this competition to reward its global community and bring its 0-Barrier Trading theme to life at one of the world’s largest crypto events. Participation in this trading competition is easy. Users just...

Coinbase CEO: Senate Test Could Define Two Paths for US Crypto Rules Coinbase CEO: Senate Test Could Define Two Paths for US Crypto Rules The regulatory outcome carries direct stakes for Coinbase, where about half of revenue still comes from trading, a business Armstrong said has been down for the past year. Second-quarter revenue fell to $1.2 billion from $1.5 billion a year earlier, and the company posted a $359.5 million net loss versus a $1.43 billion profit in the same period last year, with shares down nearly 23% year to date. Coinbase has responded by expanding into stocks, commodities, and foreign exchange trading. This is complemented by non-trading revenue from stablecoins and institutional custody, alongside the expansion...

From Stablecoins to Onchain Credit: Illuminance Global Builds the Next Financial Layer Toronto Ontario, CA, September 10th, 2026, Chainwire Illuminance Global highlights Visa’s expansion of stablecoin infrastructure into onchain credit, marking a shift beyond payments and settlement toward liquidity and financing. Stablecoins are entering a new phase of financial infrastructure, with Visa extending its stablecoin strategy beyond movement and settlement into onchain credit. By combining VisaNet settlement data with blockchain-based lending infrastructure, the initiative is designed to support working capital in a digital, always-on financial environment. According to Visa, more than $694 billion in stablecoin-denominated loans have...

Orbs Appoints Ran Hammer CEO to Lead Its Next Stage of Growth Tel Aviv, Israel, September 10th, 2026, Chainwire Orbs, the decentralized Layer-3 blockchain infrastructure focused on advanced on-chain trading, has appointed Ran Hammer as chief executive officer, with Nadav Shemesh moving into the role of executive chairman. Hammer, who has been part of Orbs since the project began in 2017, will lead the company as it continues to develop its technology and expand its ecosystem. Hammer previously served as chief business officer at Orbs, where he led integration efforts across the protocol suite and worked with teams and partners to bring Orbs-powered products into use across the decentralized finance ecosystem. His work included...

Coinbase CEO calls the bottom in Bitcoin Investing.com -- Coinbase Global CEO Brian Armstrong said he believes Bitcoin has already bottomed in its current cycle. "Bitcoin goes through these four-year cycles. I personally think we’ve seen the bottom of the Bitcoin price in this cycle, and it’s going to start to trend up over the coming year or two as we reach the next halving event," Armstrong said, speaking to Bloomberg Television on Thursday in Singapore. He also said regulatory clarity for the crypto industry "has been getting a lot better," noting that the Clarity Act is "right on the finish line" in the Senate.  Armstrong said the legislation would mark "a big milestone for crypto" if passed. He added that U.S. regulators have...

Zamanat Targets GCC’s $250 Billion SME Financing Gap With Up to $100 Million Tokenized Private Credit Fund Dubai, UAE, September 10th, 2026, Chainwire Zamanat Fund CEIC Limited is the company’s first live proof point for regulated fund tokenization on ZIGChain focused on GCC private credit. Zamanat today announced its sponsorship of Zamanat Fund CEIC Limited (the “Fund”), a DIFC-domiciled tokenized private credit fund with a target size of up to USD 100 million. The Fund targets the GCC’s estimated $250 billion SME financing gap, with only 11 percent of SMEs across the region having access to credit. Closing a $250 billion structural gap in GCC SME credit Across the GCC, SMEs are central to economic growth yet remain significantly...

Crypto, Banks Take Clarity Act Lobbying Fight to Senators' Home States Crypto, Banks Take Clarity Act Lobbying Fight to Senators' Home States Crypto and banking industry groups are intensifying their lobbying efforts to influence the Clarity Act, seeking to target Senators in their home states. This strategic push comes as the U.S. Senate prepares for a potential vote on the bill which aims to bring clear regulatory frameworks to the crypto sector. The Clarity Act proposes significant changes to how cryptocurrencies are regulated, with potential implications for both the industry and its users. The bill's supporters argue that clearer guidelines will foster innovation and provide legal clarity for businesses, while opponents are...

How Hunter Biden’s Laptop Memecoin Could Help Base Compete With Robinhood "I think we've seen over the last few years that the sort of more cultural or speculative assets will always be a force onchain and they will always be a deeply polarizing topic," Cutler tells us. "We know that this is never completely going away … but we do see that the growth of the onchain economy is likely not going to come from more and more of these types of assets. It's going to come from onboarding trillion-dollar traditional assets onchain." Personally, it seems like an interesting test launch for the top DEX on Base. And it was fascinating to hear how this could just be a hook to get people interested and trading on Base. Of course, buyer beware...

What Happens to Bitcoin Price If the Fed Raises Interest Rates on Sept. 16? What Happens to Bitcoin Price If the Fed Raises Interest Rates on Sept. 16? Then comes leverage. Falling spot prices can push perpetual-futures funding lower, shrink open interest and force leveraged longs into liquidation, turning a macro selloff into a crypto-specific cascade. Glassnode uses funding rates as a gauge of speculative positioning, while the Fed has separately warned that leverage can amplify crypto fire sales and deleveraging. Institutional flows provide another transmission mechanism. CoinShares reported that about $100 million left digital-asset products following Warsh's hawkish Jackson Hole message, before roughly $1 billion returned as...

PYUSDx stablecoin platform crosses $100 million in scale New York, NY, USA, September 9th, 2026, Chainwire As stablecoin issuance and usage accelerate, the PYUSD ecosystem is expanding alongside it. PayPal Saturn, Concrete, and Cap have launched stablecoins on the PYUSDx platform with over $100 million in processed volume, demonstrating how a single infrastructure can underpin fundamentally different financial products across credit, investments, and DeFi. About PayPal USD (PYUSD) PayPal USD is issued by Paxos Trust Company, N.A., a federally regulated national trust bank overseen by the Office of the Comptroller of the Currency (OCC). Reserves for PayPal USD are fully backed by U.S. dollar deposits, U.S. Treasuries and similar...

Bitcoin rebounds above $79k on Zcash ETF inflows; Fed, oil pressures limit rise Investing.com-- Bitcoin rose above $79,000 on Wednesday after losses in the prior session, as renewed interest in crypto exchange-traded products provided some support, although concerns over a potential U.S. Federal Reserve rate hike and surging oil prices kept risk appetite subdued. The world's largest cryptocurrency last traded 1% higher at $79,111.2 by 02:15 ET (06:15 GMT). It fell to lows near $77,600 on Tuesday. The cryptocurrency had climbed above $82,000 last week but reversed those gains after stronger-than-expected U.S. jobs data. Get premium crypto market insights with InvestingPro -- at 50% off now The broader crypto market has also been...

Liquid Hackers Return $270M in Bitcoin After Swiping $320 Million Liquid Hackers Return $270M in Bitcoin After Swiping $320 Million In a surprising turn of events, hackers who initially made off with $320 million in Bitcoin from Liquid, a Japanese cryptocurrency exchange, have returned $270 million to the company. Liquid confirmed the return of funds and claimed that they are continuing efforts to recover the remaining amount. The hack occurred last week when Liquid disclosed that its hot wallets had been compromised, allowing hackers to make off with multiple cryptocurrencies. Liquid subsequently moved the remaining assets to cold wallets and paused all deposits and withdrawals to safeguard the assets. The hackers, who have been...

Middle East Crypto Activity Triples to $350 Billion Amid Ongoing Conflict, Report Finds Middle East Crypto Activity Triples to $350 Billion Amid Ongoing Conflict, Report Finds More recent activity in Iran shows how quickly funds can move after an attack. Chainalysis tracked roughly $10.3 million leaving Iranian crypto exchanges between February 28 and March 2 this year, following U.S.-Israeli airstrikes. The firm cautioned that those transfers could include personal withdrawals, exchanges managing liquidity, or state-linked actors moving assets. The report also points to the UAE and Bahrain's efforts to attract crypto firms and institutional investors by establishing regulatory frameworks for the industry. In May, Kraken parent...

DBS and Citi Bring 24/7 Tokenized Dollar Payments to SWIFT’s Blockchain Ledger DBS and Citi Bring 24/7 Tokenized Dollar Payments to SWIFT’s Blockchain Ledger Where Does This Leave XRP and XLM? The development inevitably raises questions about XRP and XLM because both blockchain ecosystems have spent years targeting weaknesses in cross-border payments. Ripple's On-Demand Liquidity model can use XRP as a bridge asset between currencies, removing the need for institutions to pre-fund accounts in destination markets. Ripple says its ODL infrastructure operates 24/7/365. Its broader Ripple Payments business now also supports stablecoins, including RLUSD, USDC, and USDT, alongside fiat settlement. Stellar attacks a similar problem...

Strategy doubles digital credit securities repurchase program to $2B Strategy (MSTR) announced on September 8, 2026, that its board of directors approved an increase in the authorized aggregate purchase price under its Digital Credit Securities Repurchase Program from $1.0 billion to $2.0 billion, inclusive of commissions, fees, expenses, and any repurchases made to date. During the period from August 31 to September 7, 2026, Strategy repurchased 1,810,885 shares of STRC Stock (Variable Rate Series A Perpetual Stretch Preferred Stock) for an aggregate purchase price of $176.3 million. No shares of STRF, STRK, STRD, or MSTR Stock were repurchased during the same period. As of September 7, 2026, $1.19 billion remained available under...

Bitcoin slips toward $78k as as Fed, oil pressures mount Investing.com-- Bitcoin slipped toward $78,000 on Tuesday, extending a pullback from last week's three-month high as stronger-than-expected U.S. jobs data revived expectations for a Federal Reserve interest-rate hike this month, while surging oil prices added to inflation concerns. The world's largest cryptocurrency last traded 1.6% lower at $78,406.5 by 02:28 ET (06:28 GMT). It briefly climbed above $82,000 last week before retreating following Friday's U.S. employment report. Get premium crypto market insights with InvestingPro subscription Fed Sept hike bets hold near 60% U.S. employers added 162,000 jobs in August, almost triple economists' expectations, while the...

Bitcoin Crash? 90% of Buterin’s Net Worth Opposes AI Bitcoin Crash? 90% of Buterin’s Net Worth Opposes AI Three competing AI vs. Bitcoin theses Shapira is not the only figure to link AI with potential pressure on Bitcoin. BitMEX co-founder Arthur Hayes has warned that AI-driven credit stress could prompt a market sell-off and push Bitcoin below $60,000. Bitcoin critic Peter Schiff has argued that AI could compete with Bitcoin for investment capital, electricity, and data-center resources. These positions address different potential pressures. Shapira's concern centers on security expectations around the Bitcoin network. Hayes' warning concerns a wider market sell-off, while Schiff's argument focuses on competition for resources and...

Bitcoin May Surge to $300K, Says Ran Neuner, as $48M Satoshi-Era Whales Awaken Bitcoin May Surge to $300K, Says Ran Neuner, as $48M Satoshi-Era Whales Awaken According to its alert, the coins had remained untouched since the address first received them on Nov. 5, 2011 — a holding period of roughly 14.8 years. Galaxy's calculation used an estimated historical basis of around $3 per BTC, equivalent to approximately $120 for the holding. It put the percentage gain at more than 2.5 million percent. Top Picks for Bitcoin This article has been published in ccn.com via Yahoo News. https://finance.yahoo.com/markets/crypto/articles/bitcoin-may-surge-300k-says-101834236.html

Brazilian Banks Expand Crypto Offerings as Regulation Takes Hold Brazilian Banks Expand Crypto Offerings as Regulation Takes Hold Proprietary exposure only exists, he said, when a bank buys crypto with its own money and absorbs the price, liquidity, and credit risk that comes with it. By that standard, none of Brazil's banks have crossed into ownership yet. Selling crypto to clients who ask for it is different from betting the bank's own money on it. With roughly 120 crypto firms operating in Brazil, most still without a license, racing to meet that October 30, 2026 deadline, the banks that already cleared the compliance bar are the ones with room left to keep adding to the menu. This article has been published in...

XRP Ripple Held Firm After its September Escrow Release XRP Ripple Held Firm After its September Escrow Release Fewer payments with much larger value points to institutional or enterprise-scale transfers rather than a retail wave, a pattern worth watching alongside broader questions about who is actually driving new XRPL usage. Active addresses on the ledger hit 2.26 million in August, more than double July's 1.02 million, while total value locked rose from $32.31M to $44.42M over the same stretch. None of this proves a single causal chain from ETF demand to unlocking absorption, but it does describe a market with considerably greater liquidity depth than the one that panicked over past escrow releases – a shift also visible in...