Crypto Industry News & Market Trends

CLARITY Act Update Leaves Ethics and Stablecoin Yield Fight Open

Key InsightsCLARITY Act update retained disputed ethics and stablecoin yield provisions.Revised text added rules covering non-decentralized finance trading protocols.Senate cloture vote remains scheduled for Sept. 15.　　Senate Republicans released a new CLARITY Act update before the legislations Sept. 15 procedural test. The 630-page draft revised decentralized-finance and credit-union provisions while retaining disputed ethics and stablecoin-yield sections. Those unresolved issues could determine whether supporters assemble enough votes to move the crypto bill forward.　　The Senate is not scheduled to vote on final passage Sept. 15. Instead, cloture on the motion to proceed to H.R. 3633 will ripen at 2:15 p.m. ET. A successful vote would limit debate on taking up the bill and allow the Senate to move toward formal consideration.　　CLARITY Act Update Revises DeFi and Credit Union Rules　　The revised Senate text expanded its decentralized finance framework. It defined non-decentralized finance protocols partly through identifiable parties control over rules or usage. The bill also directed the Commodity Futures Trading Commission to adopt tailored rules for covered protocols.　　New CLARITY Act text lands before Senate vote. Source: X　　That approach moved some decentralized finance activity closer to intermediary-style regulation. The text required regulators to clarify compliance duties for persons controlling covered protocols. It also preserved separate

09-12Industry

UniCredit Seeks Crypto Custody and Brokerage Technology Partner

UniCredit is evaluating external technology providers for direct digital asset custody and brokerage.The infrastructure could cover crypto exposure, tokenized investments, fixed income and stablecoin-related services.Previous investments in BlockInvest and VC Trade have already expanded the banks tokenized capital markets capabilities.Vendor selection will show how closely UniCredit intends to connect crypto services with its existing securities business.　　UniCredit is looking for a technology provider to build direct digital asset custody and brokerage infrastructure, adding a client-facing layer to blockchain investments the Italian bank has already made across tokenized debt and settlement. According to Bloomberg, the selection process remains at an early stage, with no vendor chosen and no final decision on which services will reach clients. The project nevertheless moves the bank beyond individual tokenization initiatives toward infrastructure capable of supporting digital assets inside its broader financial business.　　UniCredit evaluates custody and brokerage infrastructure　　The technology search covers more than cryptocurrency storage.　　UniCredit is considering infrastructure that could support crypto-asset exposure, tokenized investment products, fixed-income securities and stablecoin-related tools for clients.　　Custody would require the bank to manage a different operational layer from conventional securities accounts. Institutional digital asset systems need controls around private-key management, transaction authorization, asset segregation and recovery procedures. A brokerage service must

09-12Industry

Bitcoin Golden Cross Flickers Off as Rate-Hike Bets Firm Up

In briefBitcoins daily 50-day EMA dipped back below its 200-day EMA Friday evening as BTC retreated to $77,438, undoing the golden cross that had briefly confirmed earlier in the session.The 4-hour charts golden cross is still intact, but momentum has cooled.The reversal tracks a hawkish repricing in rates markets: The odds of a hike at next weeks Fed meeting have spiked to 86% per CME.　　Bitcoins brief flirtation with a confirmed daily golden cross is active but didnt survive the afternoon.　　BTC is trading around $77,438 right now, still up 1.19% on the day but well off its earlier high near $79,837. The pullback tracks a rates market that turned more hawkish, not less, after inflation numbers landed today.　　Todays CPI numbers showed the monthly core reading at 0.3%, hotter than the 0.2% analysts expected. CME FedWatch, which tracks probabilities implied by 30-day Fed funds futures, had the odds of a 25-basis-point interest rate hike at roughly 69% just after the inflation data landed. Those odds have since spiked to 86.5% in just the last few hours.　　A rate hike would generally precede a risk off move from investors, meaning risk assets like Bitcoin and tech stocks would take a hit if the Fed

09-12Industry

US Treasury yields ease after CPI as Fed hike risks linger

US Treasury yields fall during the North American session on Friday following the release of US inflation data, but are poised to finish the week higher. The US 10-year Treasury yield is down one basis point to 4.951% but has gained over 16 basis points, or 3.49%, this week.　　US yields cool, but the weeks inflation scare still bites　　The US 30-year yield falls two basis points to 5.34% after hitting its highest level since 2007 at 5.38%, due to surging Oil prices fueled by the escalation of the US-Iran conflict, which has spread to Yemen, Houthis versus Saudi Arabia.　　Recent US inflation data were mostly aligned with estimates, except for core CPI, which was in line with forecasts but ticked lower. Despite this, the red-hot PPI report a day ago and the surge in US yields this week ignited a Fed-hawkish repricing.　　Money markets have priced in a 91% chance of a 0.25% rate increase by the Federal Reserve (Fed) at the next weeks meeting.　　Other data showed that US consumers are becoming pessimistic about the economy and now expect higher prices due to a resurgence in fuel prices and rising trade tensions, particularly between the US and Canada.　　In the meantime, the US Dollar

09-12Industry

Japanese Yen rises as the Greenback's inflation bounce fades

USD/JPY is trading around 153.70 on Friday, down for the day after briefly spiking above 154.50 following the US inflation release. The pair erased that move within hours as Yen strength overwhelmed the Dollar‘s knee-jerk bounce, leaving it back toward the lower end of its recent range following this week’s sharp slide from the mid-155s.　　United States (US) Consumer Price Index (CPI) data held at 3.4% year on year in August, matching both Julys reading and market expectations, according to the Bureau of Labor Statistics (BLS). On a monthly basis, prices rose 0.4%, a marked pick-up from the 0.1% gain the month before. The core measure, which strips out food and energy, rose 0.3% on the month, above the 0.2% forecast, although the annual core rate eased to 2.4% from 2.5%.　　The US Dollar (USD) climbed at first, helped by the firmer monthly core figure, but the move lost momentum quickly against the Japanese Yen (JPY), which has been among the strongest currencies this week. The initial rebound lacked the fuel to hold.　　Markets see the central bank raising interest rates next week, with a 25-basis-point (bps) hike to 1.25% on the table, a move that would lift Japanese borrowing costs to their

09-12Industry

Former OpenAI Researcher Bets on AI Stocks After $35 Billion Wipeout

Six weeks after AI bets nearly wrecked his hedge fund, Leopold Aschenbrenner is putting money into the same companies again. His hedge fund, Situational Awareness, bought call options on AMD, Bloom Energy, CoreWeave, SK Hynix and SanDisk, CNBC reported, citing sources. The trades ran from late last week into this week.　　The former OpenAI researcher became famous for a 2024 essay arguing that AI could reach human-level intelligence by 2027. He built an investment business around that belief, backing companies supplying the computing capacity and electricity AI needs.　　July exposed how dangerous that bet had become. Borrowed money magnified falling share prices, triggering demands for cash the fund could not meet. Assets shrank from a peak above $45 billion to roughly $10 billion, according to CNBC.　　Leopold Aschenbrenners Situation Awareness has reportedly been active in the options market while building significant stakes in $CRWV, $SNDK, $BE and $AMD.　　Hes leaning right back into the AI trade after blowing up the fund earlier this year. 　　What July Cost Leopold Aschenbrenner　　Ken Griffins Citadel bought distressed holdings at a discount. Situational Awareness kept private investments, including Anthropic. The SEC later subpoenaed Wall Street banks over their dealings with the fund. The reported inquiry carried no allegation of

09-12Industry

The Yens rescue had almost nothing to do with the Treasury

The Yen has pulled itself up roughly 6% since late July, and market operations paid for nearly none of it. The US jointly intervened once, on July 31, and weekly reserve reporting data puts the size of that operation at around $500 million, well below the multi-billion-dollar operation Treasury Secretary Scott Bessent ‘leaked’ to markets with a badly positioned note on a napkin.　　Everything the currency has done since then belongs entirely to the Bank of Japan (BoJ). Markets now expect the BoJ to raise its policy rate on September 18 to a level Japan has not seen in three decades.The Treasury promised a defence it has not paid for, and the Federal Reserve (Fed) facility it asked to have enlarged so that Japan could pay for one has still never been drawn. Two trades are currently long the Yen, the intervention trade and the rate trade. Both look identical on a screen, but only one of them has money behind it.　　One shot, fired in July and spent by the end of August　　The operation worked, briefly. USD/JPY had reached its weakest Yen level in about four decadeswhen the New York Fed bought Yen on the Treasurys behalf through the Exchange Stabilization

09-12Industry

United States Dollar Index retreats from post-CPI high, all eyes on Fed

The US Dollar Index (DXY) reverses earlier gains on Friday as a pullback in longer-dated US Treasury yields outweighs support from the latest US Consumer Price Index (CPI) report, which strengthened expectations that the Federal Reserve (Fed) will raise interest rates next week. At the time of writing, the index trades around 99.11 after briefly climbing to 99.36 in the immediate reaction to the data.　　The headline Consumer Price Index (CPI) rose 0.4% MoM in August, matching market expectations but accelerating sharply from the 0.1% increase recorded in July. Annual inflation held steady at 3.4%, also in line with forecasts.　　Core CPI, which excludes volatile food and energy prices, increased 0.3% MoM, above the 0.2% forecast and the previous reading of 0.2%. Annual core inflation eased to 2.4% from 2.5%, matching expectations. The report also showed that gasoline prices rose 3.9% and accounted for more than one-third of the monthly increase in headline inflation.　　Discover more　　Financial　　FINANCE　　Stock　　Following the release, traders raised their bets on a rate hike at the Feds September 15-16 meeting, with the CME FedWatch Tool showing an 88% chance of a 25-basis-point increase, up from 67% earlier in the day.　　However, the US Dollar struggles to capitalise on the hawkish repricing as

09-12Industry

Bitwise Pulls the Plug on Dogecoin ETF Just 10 Months After Launch

Dogecoin ETF investors have pulled more than $343 million so far in September.　　Crypto asset manager Bitwise is shutting down its spot Dogecoin exchange-traded fund roughly 10 months after the product launched, as the firm moves to optimize its product range to meet changing investor needs.　　The fund, BWOW, currently trading on NYSE Arca, is expected to continue trading until October 14, its final trading day.　　Investor Demand Dries Up　　According to the official press release, investors can sell their shares on the secondary market until trading closes that day, after which BWOW will cease operations. The remaining shareholders will receive the net asset value of their shares as of October 21 in cash on October 22, and Bitwise said investors do not need to take any action during the process.　　The firm has also coordinated with NYSE to facilitate the funds delisting and liquidation.　　Back in November 2025, Bitwise CEO Hunter Horsley had stated,　　“DOGE is simply a 12-year-old coin based on a picture of a cute dog, people doing good, and the common ideal in crypto that people should have the freedom to do as they choose. And, against the odds, it has kept its relevance – and its value – longer than just about

09-12Industry

AMD Showcases AI-Driven Media Innovations at IBC 2026

Zach Anderson　　Sep 11, 2026 20:14　　AMD highlights AI, adaptive computing, and advanced workflows at IBC 2026, positioning itself as a key player in next-gen media production.　　AMD (NASDAQ: AMD) is leveraging the International Broadcasting Convention (IBC) 2026 in Amsterdam to showcase its adaptive computing and AI-driven innovations for next-generation media production. Running from September 11-14, the event highlights how AMDs technology integrates AI, high-resolution workflows, and secure production systems into a seamless infrastructure for broadcasters and content creators.　　As part of its fifth consecutive year as an Associate Sponsor of IBC‘s Accelerator Media Innovation Programme, AMD is directly involved in advancing real-world solutions for media challenges. A centerpiece of its efforts this year is the FRAMES (Federated Retrieval, Agentic Media Environment and Software-Defined Workflows) project, which uses AI agents and semantic modeling to streamline media retrieval, upscaling, and production workflows. This proof of concept will be presented on September 11 at the Future Tech Stage, offering a clear demonstration of AMD’s potential to drive efficiency and control in high-complexity media environments.　　AMD‘s hardware also powers Pluxbox’s CoreOC platform, a vendor-agnostic orchestration system that integrates AI processing directly into media environments. Using AMD Ryzen™ AI Max PRO and Radeon™ AI PRO GPUs, alongside Threadripper™ PRO

09-12Industry

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