Crypto News

- The cryptocurrency market is attempting to shake off the weekend blues as September begins, but history suggests this could be just the calm before the storm. Market sentiment has plummeted, according to the Crypto Fear and Greed Index. Sentiment has exited neutral territory and dropped into the “fear” zone, falling from 75 out of 100 in mid-August to 46 today—the worst score since mid-June. This shift in sentiment comes as traders brace for what's historically been crypto's cruelest month: “Red September.” Bitcoin has dropped an average of 3.77% in price each September since 2013. The broader macroeconomic picture adds another layer of complexity. The Federal Reserve's September 16-17 policy meeting may well be one of the most...

- For many years, the idea that publicly traded corporations might buy Bitcoin for their reserves was considered laughable. The top cryptocurrency was considered too volatile, too fringe to be embraced by any serious business. That taboo has been well and truly broken, with a number of major institutional investors buying up Bitcoin in recent years. The floodgates first opened when cloud software company Strategy (formerly MicroStrategy) bought $425 million worth of Bitcoin in August and September 2020. Others followed suit, including payments processor Block and electric car manufacturer Tesla. Per BitcoinTreasuries, public companies holding Bitcoin now account for over 4.7% of the total supply of 21 million BTC. These are the...

- President Donald Trump and members of his family saw their net worth increase by nearly $6 billion Monday, in the minutes after public trading of their Ethereum token WLFI went live. The token, which allows holders to participate in the governance of World Liberty Financial, the Trumps’ crypto platform, was previously locked and untradable. This morning, WLFI launched trading capability, setting the token’s previously undermined price at just over $0.30. It has since slipped to roughly $0.26 at writing. That’s a substantial jump for WLFI, which was initially sold to investors for 1.5 cents a token in the fall, and then for 5 cents a token during a second round of fundraising. The company raised a total of $500 million from those...

- Legendary trader Peter Brandt warns XRP chart is 'very negative' Peter Brandt, a renowned trader and legendary chartist, has warned crypto traders that both Bitcoin and XRP may be approaching important turning points. Technical patterns indicate a potential sell-off event, says Brandt. On August 27, Brandt told his 807,800 X followers that Bitcoin has not yet decisively broken through the $117,000 zone. He views this as a crucial level for sustaining the current rally. He wrote that this is a common bearish pattern that can mean the end of an uptrend. However, Brandt said, "Hey trolls, this post does not mean I am bearish or bullish. Most of you trolls need to know this because you are unable to understand nuance on your own."...

- Quantum Threats or Something More? El Salvador Is Splitting Up Its Bitcoin El Salvador's government has moved its Bitcoin stash to new addresses, just months after telling the International Monetary Fund that it wouldn't buy more of the cryptocurrency. The country's National Bitcoin Office said on X Friday that it had moved its funds from a single Bitcoin address into new addresses "as part of a strategic initiative to enhance the security and long-term custody of the National Strategic Bitcoin Reserve." El Salvador's Bitcoin Office noted the security threat posed by the advent of quantum computing as the primary motivation for moving its coins. "Quantum computers have the theoretical capability to break public-private key...

- European Regulator Raises Concerns Over Tokenised Stocks PARIS (Reuters) - Blockchain-based assets that offer exposure to equities could cause "investor misunderstanding," as they usually do not make the buyer a shareholder in the underlying company, the European Union's securities watchdog stated on Monday. So-called tokenised stocks are blockchain-based assets linked to a share's price in a public company. Broker Robinhood has launched tokenised stocks in the EU, with crypto exchange Coinbase also advancing into this emerging sector. Natasha Cazenave, executive director of the European Securities and Markets Authority (ESMA), mentioned at a conference in Dubrovnik that several fintech firms had created products allowing...

- The gray area Robinhood and FanDuel are using to bring sports betting and stock trading closer together The worlds of sports betting and stock trading have never been more closely connected. And bringing these two industries together is one key product: event contracts. In mid-August, Robinhood announced it would begin rolling out event contracts for college and professional football. A day later, sports betting giant FanDuel said it would soon be offering its users event contracts on financial products ranging from stocks and bitcoin to oil and gold. Event contracts offer users a binary yes-or-no choice on a defined event. For instance: Who will win the game between the Philadelphia Eagles and Dallas Cowboys on Sept. 4? Will the...

- Target Corporation TGT delivered renewed strength in its digital channel during the second quarter of fiscal 2025, with comparable digital sales rising 4.3% year over year. The gains were led by more than 25% growth in same-day delivery powered by Target Circle 360, underscoring the continued importance of convenience services. At the core of this performance is the company’s “stores-as-hubs” model, which fulfills the vast majority of online orders through its nationwide store base. This capital-light approach allows Target to lower costs, speed up delivery and operate a digital business that now exceeds $20 billion in annual sales. Beyond transactions, Target is growing higher-margin digital streams. Roundel, Target Plus and...

- Trump-Backed World Liberty Ethereum Token Debut: Here's How It Played Out The President Trump-backed DeFi project World Liberty Financial unlocked its Ethereum token for trading today, debuting as already one of the largest cryptocurrencies by market capitalization. Just over two hours after the token became tradable, CoinGecko placed WLFI as the 30th largest cryptocurrency at a $7.6 billion market cap and $26.7 billion fully diluted valuation. The numbers on CoinMarketCap are slightly different, with the index currently placing WLFI as the 24th largest while having a $6.48 billion market cap and a $26.28 billion fully diluted valuation. The WLFI token is currently trading for around $0.265, already marking a significant return...

- DeFi protocols promise not to prosecute white hat hackers in bid to secure $20bn Decentralised finance protocols are taking an unorthodox approach to boosting their security. They’re giving white hats, hackers who use their skills legally and with permission, the opportunity to intervene should they get exploited, empowering them to potentially rescue funds that would otherwise be stolen by bad actors. The initiative is underpinned by the Safe Harbour Agreement, a legal and technical framework developed by crypto security nonprofit Security Alliance. As of September 1, 12 DeFi protocols with a combined $20 billion in deposits have adopted Safe Harbor Agreements, per DefiLlama. Among them are some of the biggest names in DeFi...

- Holders of World Liberty Financial’s WLFI token can now buy and sell it for the first time after a July decision to make the token tradable came into effect on Monday. The WLFI token trades at $0.26 after it began trading onchain 1pm London time, giving the project a market value of over $7.6 billion, per CoinGecko data. But there’s a catch: only 24% of the token’s 100 billion supply is currently in circulation. The remaining 76% is made up of non-tradeable tokens sold to the public, tokens set aside for the project’s co-founders, team, and advisers, and tokens for user incentives. Tokens with low circulating supplies can more easily maintain high valuations. But when the issuing project releases more tokens into circulation...

- Strategy Qualifies for S&P 500, Inclusion Decision Could Come on Friday MicroStrategy, now doing business as Strategy (MSTR), has officially qualified for potential inclusion in the S&P 500 (^GSPC) after posting one of the strongest quarters in its history. In the second quarter of 2025, the company reported $14 billion in operating income and $10 billion in net income, equal to $32.6 in diluted earnings per share. Quarterly revenue came in at $114.5 million, a modest 2.7% increase year-over-year, with subscription services rising nearly 70%. The results mark a dramatic turnaround from prior years, when impairment charges tied to bitcoin (BTC-USD) depressed reported earnings. The adoption of new fair-value accounting standards in...

- Truist's Digital Momentum: Driving Engagement, Efficiency and Revenues Truist Financial is leaning heavily on digital innovation as a cornerstone of its long-term growth strategy. The bank’s efforts are not just about modernizing technology but also about accelerating client growth, deepening engagement, and expanding revenue opportunities. During the second quarter, digital account openings at Truist accounted for 43% of all new accounts, up from 34% a year earlier. Engagement metrics reinforce this momentum. More than 1.8 million clients utilized Truist’s financial management tools, representing a 40% year-over-year increase. Additionally, Truist Assist, its AI-powered digital assistant, now handles approximately 500,000...

- BRC-20 Indexer Upgrade Brings Ethereum-Like Features to Bitcoin BRC-20, the first token standard built directly on Bitcoin’s base layer and indexers, has officially launched “BRC2.0” at Bitcoin block height 912690, which took place Monday morning. The upgrade embeds EVM (Ethereum Virtual Machine) functionality directly into the BRC-20 core indexer, allowing developers to deploy Ethereum-style smart contracts on Bitcoin, without relying on bridges, oracles, or trusted intermediaries. The move enables programmability to Bitcoin-native tokens, effectively turning BRC-20 assets into composable and interoperable instruments that can interact with EVM-compatible chains and scaling layers. The BRC2.0 upgrade was developed by Best In...

- Myriad Hits $10M USDC Trading Volume as Prediction Markets Become ‘New Segment of DeFi’ Prediction market protocol Myriad has passed $10 million in USDC trading volume with over half a million users, as it builds on its mission to make information itself a tradable asset class. The protocol’s rapid expansion is “building the rails for prediction markets to evolve beyond a niche crypto product and become an entirely new segment of DeFi,” Loxley Fernandes, co-founder and CEO of Myriad, said in a statement shared with Decrypt. “Financial markets have always been about speculation, but Myriad is turning speculation into a product,” Fernandes said, adding that Myriad’s success demonstrates that “trading ideas and forecasts is not only...

- It's the Summer of Stablecoins. 3 Things Investors Need to Know Key Points In July, the President signed the Genius (Guiding and Establishing National Innovation for U.S. Stablecoins) Act into law. This created guidelines, such as requiring a 1-to-1 reserve ratio and regular audits, to protect consumers and support the growth of this nascent technology. It's fair to say that stablecoins have arrived, especially since the regulatory backdrop has become much more favorable. Given how much attention has been given, this has undoubtedly been the summer of stablecoins. Here are three things investors need to know about this new development in the financial services sector. 1. Use cases and adoption It's important to understand the...

- Trump's World Liberty Financial tokens begin trading NEW YORK (Reuters) - Some of the digital tokens backing the Trump family's cryptocurrency venture, World Liberty Financial, began trading on Monday, the cryptocurrency company said. In July, investors in the tokens voted to make them tradeable, paving the way for their sale and purchase - and potentially boosting the value of the president's holdings of them. The World Liberty tokens, known as $WLFI, were sold to investors after the Trump family and their business partners launched the venture - a "decentralized finance" platform that has also issued a stablecoin - last year. This article has been published in reuters.com via Yahoo News...

- XRP ETF Approval Seen to Unlock $5bn Bonanza Spot XRP exchange-traded funds could pull in over $5 billion in inflows within their first month of trading. That’s according to analysts who made that prediction as the October deadline for the US Securities and Exchange Commission to make a decision on altcoin ETFs draws closer. However, Nate Geraci, the co-founder of the ETF Institute and President of the ETF Store, said most people have missed how big the opportunity is. “People are severely underestimating investor demand for spot XRP and [Solana] ETFs," he stated in a Monday post. He didn’t say what estimates he referred to, only adding that people underestimated demand for both spot Bitcoin and Ethereum ETFs before they were...

- A smart beta exchange traded fund, the First Trust Small Cap Core AlphaDEX ETF (FYX) debuted on 05/08/2007, and offers broad exposure to the Style Box - Small Cap Blend category of the market. What Are Smart Beta ETFs? For a long time now, the ETF industry has been flooded with products based on market capitalization weighted indexes, which are designed to represent the broader market or a particular market segment. Because market cap weighted indexes provide a low-cost, convenient, and transparent way of replicating market returns, they work well for investors who believe in market efficiency. But, there are some investors who would rather invest in smart beta funds; these funds track non-cap weighted strategies, and are a...

- Should You Invest in the First Trust Technology AlphaDEX ETF (FXL)? Looking for broad exposure to the Technology - Broad segment of the equity market? You should consider the First Trust Technology AlphaDEX ETF (FXL), a passively managed exchange traded fund launched on May 8, 2007. Passively managed ETFs are becoming increasingly popular with institutional as well as retail investors due to their low cost, transparency, flexibility, and tax efficiency. They are excellent vehicles for long-term investors. Investor-friendly, sector ETFs provide many options to gain low-risk and diversified exposure to a broad group of companies in particular sectors. Technology - Broad is one of the 16 broad Zacks sectors within the Zacks Industry...