Crypto Industry News & Market Trends

Inter Miamis 11 TAM Players And More MLS Roster Profile Takeaways

MIAMI, FLORIDA – AUGUST 29: Casemiro #5 of Inter Miami CF celebrates scoring his teams first goal during the MLS match between Inter Miami CF and CF Montreal at Nu Stadium on August 29, 2026 in Miami, Florida. (Photo by Carmen Mandato/Getty Images)　　Getty Images　　Major League Soccer released the latest version of its club roster profiles Thursday morning, a document that shows how every player is classified within the leagues roster regulations, the date of their contract expiration and potential options, and the general allocation money teams still possess.　　Its the seventh time the league has published such information since the start of the 2024 season, this time coming shortly after the close of the 2026 MLS secondary transfer window.　　Here are three key takeaways.　　Inter Miamis 11 TAM Players　　We basically knew this already, but the document confirms it: Inter Miami have an MLS-high 11 players who are considered Targeted Allocation Money (or TAM) players.　　Discover more　　Compare Exchange Rates　　FINANCE　　Trade Crypto Assets　　This means the Herons have leaned into utilizing a combination of general and targeted allocation money to buy down 11 different contracts to fit within the MLS salary cap. This is in addition to their six active players either signed to designated player or U-22

09-17Industry

Cardanos Splash fix patches the exploit, but leaves 2.4M ADA missing and holders trapped

Three days after Splashs Cardano-based ADA/OADA StableSwap pool was drained, OADA holders still faced a problem that corrected code alone could not solve: the pool had lost the ADA that provided their meaningful route out of the token.　　Related Asset Cardano #15 ADA · $0.20 24-hour change: up 5.25% Loading price history… 24H Up 5.25% 7D Down 3.97% 30D Up 14.85%　　Splash‘s incident report said one actor used two transactions on Sept. 13 to remove 2,434,648 ADA and 1,988,222 OADA. After subtracting the attacker’s 9,870 ADA deposit, but before network fees, the ADA drain was 2,424,778.　　Why a code patch is not a liquidity fix　　The pools validator calculated a “tradable” reserve by subtracting accrued protocol fees from its real balances. According to Splash, it did not require that reserve to remain positive, bounded fee changes only from below and did not enforce the direction of a swap.　　Those missing checks allowed the validator to accept a transaction after the tradable ADA reserve had turned negative. Splash said a reserve-domain check or a two-sided fee bound would have stopped the reconstructed attack.　　Either fix would close the documented exploit path. Neither would return the ADA that had already left the pool. Immediately after the drain, the

09-17Industry

Shiba Inu Bulls Return Amid 202-Billion SHIB Netflow

Shiba Inu is once again treading on the path to a major price recovery after recent activities on all supported exchanges show that bulls are taking over.　　While the recent Clarity Act setback has caused the broad crypto market to go into a sudden bear mode, major crypto assets including Shiba Inu saw their prices decline massively.　　Shiba Inu netflow flips positive　　According to data provided by CryptoQuant, the Shiba Inu exchange activity over the last 24-hour period suggests that the negative trend in the SHIB price, which was caused by the Senates failure to pass the Clarity Act bill, has been short-lived.　　Over the last day, Shiba Inu has seen bull traders overtake its exchange activity as its netflow shows a substantial decline of about 5%, now sitting at a massive -202,237,600,000 SHIB as of September 17.　　This shows that the number of SHIB tokens sent to all supported exchanges, including Binance, for sell-off purposes is substantially lower than the amount of tokens moved out of the exchanges by over 202 billion SHIB.　　Shiba Inu price outlook　　Notably, the negative Shiba Inu netflow balance provides a bullish outlook for the leading meme token as it typically indicates that buyers are dominating the market.　　This bullish exchange activity

09-17Industry

XRP Open Interest Plunges 32% on Binance as Spot Sellers Beat Buyers

XRP derivatives exposure has fallen sharply since late August as traders reduce leveraged positions while aggressive selling continues across spot and perpetual markets. Binance XRP open interest has dropped about 32%, while selling pressure has intensified across centralized exchanges.　　Key TakeawaysBinance XRP open interest fell about 32% from Aug. 22 to Sept. 17.Selling pressure intensified across centralized spot markets and Binance perpetual futures.XRPs price declined far less than derivatives exposure over the period.　　XRP Open Interest Drops Nearly One-Third　　XRP traders have sharply reduced derivatives exposure while aggressive sellers continue to dominate order flow, according to an analysis published by Cryptoquant on Sept. 17. Cryptoquant contributor Amr Taha found that Binance XRP open interest fell from about $323 million on Aug. 22 to roughly $219 million on Sept. 17, a decline of about 32%.　　XRP fell roughly 11% over the same period, meaning open interest contracted almost three times as fast as price. The divergence points to substantial deleveraging in the derivatives market.　　The analyst summarized the shift:　　“The key signal is clear: XRP traders are reducing derivatives exposure while sell-side taker activity remains elevated across both futures and spot markets.”　　“The key signal is clear: XRP traders are reducing derivatives exposure while sell-side taker activity remains

09-17Industry

Bitwise CIO Says CLARITY Act Failure Won't Stop the Crypto Bull Market Run

Key highlights:Matt Hougan said the CLARITY Acts failure does not affect the crypto marketThe Senate rejected a cloture vote on the crypto bill on Sept. 15Bernstein analysts expect U.S. regulators to move quickly with new crypto rules　　Bitwise Chief Investment Officer Matt Hougan took back his previous warning that failure of the CLARITY Act would drag the crypto market into another bear phase, saying instead that the setback is unlikely to derail the current rally.　　CLARITY Act delay just a “speed bump”　　Hougan said in a memo published Sept. 16 that he no longer sees another bear market stretch for crypto even with the bill stalling in the Senate.　　The CIO had previously compared the CLARITY Act to cryptos version of Punxsutawney Phil, a groundhog used to predict how long winter will last, warning that a failed vote could start a much steeper bear market.　　Discover more　　Merchant Services tails we still win’ scenario on regulation. Until a new administration takes over in Washington, the SEC and CFTC will have free rein to set the agenda for crypto.”

09-17Industry

Nvidia Stock Rises 2%, Huang Sees Chip Sales Doubling in 2027

Speaking at an AI event, Huang said Nvidia expects to sell twice as many chips next year as it does this year, pointing to continued demand for the computing infrastructure powering AI models and applications.　　Investors reacted quickly. Nvidia stock rose more than 2% in premarket trading to around $218.47, adding to a recovery in semiconductor shares after a volatile start to the week.　　The statement reinforces a message Nvidia has been pushing for months: despite concerns over enormous AI spending and potential industry slowdowns, demand for computing capacity remains exceptionally strong.　　Nvidia Stock Rises as Huang Doubles Down on AI Demand　　Huang‘s latest forecast adds another layer to Nvidia’s already aggressive growth outlook.　　The company reported $96.2 billion in fiscal second-quarter revenue last month, up 106% year over year, while Data Center revenue surged 117% to $89 billion. Nvidia also guided for approximately $108 billion in third-quarter revenue.　　Those numbers were already strong enough to send NVDA stock higher after earnings, but Huang is now looking further ahead.　　Nvidia previously projected roughly 70% revenue growth next year. Huang‘s new statement that chip volumes could double suggests the physical expansion of Nvidia’s AI hardware footprint may be even faster than revenue growth alone indicates.　　The distinction matters because

09-17Industry

WTI Oil Price Forecast: Bulls lose momentum near $100

West Texas Intermediate (WTI) Oil extends its decline on Thursday, sliding nearly 2% as Saudi Arabias rerouting efforts and hopes for a faster pipeline recovery weigh on prices, even as broader Middle East supply risks stay elevated. At the time of writing, WTI trades around $95.50 after reaching $102.11 earlier this week, its highest level since May 21.　　Oil eases as Saudi Arabia reroutes exports and repairs key pipeline　　Analysts at Commerzbank report that oil prices fell as Saudi Arabia responded to recent supply disruptions by “sought alternative export routes and moved closer to partially restoring the East-West pipeline.” According to the bank, Saudi Arabia has “begun offering additional crude via Oman, using ship-to-ship transfers at Sohar to circumvent disruption to its Red Sea export route.” Commerzbank adds that the kingdom is “reportedly seeking to restore around half of the capacity of its East-West pipeline within days following last weeks drone attacks,” helping to reassure markets over near-term export continuity.　　Technical analysis: 4- hour chart　　WTI US Oil keeps a bearish near-term tone as price has slipped beneath the 50-period Simple Moving Average (SMA) at $96 while still holding above the 100-period SMA at $91 and the 200-period SMA at $86. The Relative Strength

09-17Industry

Zcash Price Explodes Toward $1,400 as Paradigm Reveals ZEC Investment

ZEC reached an intraday high around $1,388–$1,389 on Thursday after jumping as much as 23% over 24 hours. The move dramatically outpaced Bitcoin, which gained less than 1% while trading around $76,000.　　The divergence comes as the broader crypto market attempts to stabilize following the Federal Reserves latest rate decision, with Bitcoin recently rebounding from its post-Fed weakness.　　The Zcash rally also coincided with Paradigm co-founder Matt Huang publicly confirming that the crypto investment firm owns ZEC and describing Zcash as a private complement to Bitcoin.　　Discover more　　NEWS　　FINANCE　　Fintech　　Zcash Hits Record as Paradigm Discloses ZEC Position　　ZEC traded around $1,369 during Thursdays rally after briefly approaching $1,400, according to market data.　　That puts the privacy coin up roughly 168% over the past month, following an extraordinary recovery that has transformed Zcash from a relatively overlooked asset into one of cryptos largest tokens by market capitalization.　　Paradigms disclosure provided a fresh institutional catalyst.　　Huang said the firm owns ZEC while arguing that Zcash could serve as a privacy-focused complement to Bitcoin. He also backed continued developer funding and discussed how the network should balance token-holder voting with other governance mechanisms.　　The disclosure does not establish that Paradigm buying caused Thursdays rally, but it added a recognizable institutional name to an

09-17Industry

Bank of England review: Some less hawkish tunes

The Bank of England (BoE) kept Bank Rate unchanged at 3.75% as expected. In a rerun of the July decision, the vote split was 6-3 in favour of hold, as we had also expected.　　The decision on QT was also close to expectations as “remaining stock is unwound at an annual average pace of £46 billion by the end of 2034”.　　Fresh inflation and labour market data were released in the days ahead of the meeting. The fear of energy prices spreading to core inflation has still not materialised as core inflation was unchanged at 2.6% in August. Food inflation has been mentioned as a key focus point for spillover effects and there are no signs of that with food inflation at a modest 1.1%.　　The labour market remains on a cooling trend, with job losses accelerating in August and the previous months declines revised lower. The unemployment rate declined to 4.9%, though, keeping alarm systems from going off. Wage growth continues to trend lower.　　Being the swing voter of the MPC, we continue to think Governor Bailey is the key member to watch. He has become increasingly worried, stating “if the conflict in the Middle East persists for an extended period, as appears

09-17Industry

CLARITY Act talks resume as 7 Democrats seek revival

Seven Senate Democrats have reopened negotiations over the CLARITY Act after the chamber rejected cloture in a 49-50 vote, leaving the crypto market structure bill 11 votes short of the 60 required to begin debate.　　Coinme CEO and co-founder Neil Bergquist told crypto.news that reviving the bill could reduce uncertainty over token classification, but it would not remove the state licenses that digital asset companies must secure across the United States.　　The Senate rejected cloture on the motion to proceed with the Digital Asset Market CLARITY Act on Sep. 15. According to the official roll call, 49 senators supported the motion, and 50 opposed it, preventing the chamber from opening debate at that stage.　　Sens. Kirsten Gillibrand, Angela Alsobrooks, Cory Booker, Catherine Cortez Masto, Ruben Gallego, Mark Warner and Raphael Warnock voted against the motion. One day later, the seven Democrats issued a joint statement describing the result as “not the end” of their work on the legislation.　　Their statement pointed to two years of negotiations and pledged to continue working on a bipartisan basis. However, Democrats and Republicans remain divided over ethics provisions, including restrictions covering elected officials and digital asset ventures.　　CLARITY Act would leave state licensing intact　　Although the bill would set federal

09-17Industry

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