Crypto Industry News & Market Trends

US Dollar Weekly Forecast: Can sticky inflation rescue the Dollar？

The week that was　　There was no respite to the downward trend for the US Dollar (USD) this week, which added to the prior weeks retracement and at some point flirted with the area of four-month lows.　　Indeed, after trading at levels just shy of its psychological 100.00 barrier early in the month, the US Dollar Index (DXY) has come all the way down to challenge the 98.50 zone, extending its negative streak for the third month in a row.　　There was no BoJ-MoF FX intervention chatter; nothing big has moved on the geopolitical front other than the continuous (and boring) up-and-downs over who fired first and radio silence from Federal Reserve (Fed) officials due to the usual pre-Fed blackout period. The only asset that keeps reacting to the Middle East crisis is, exclusively, crude Oil.　　Not even the US money market, with a needle-like move in the short end of the curve, was able to provide some fresh oxygen to the Greenback.　　And then came the long-awaited US inflation figures, showing that consumer prices kept running hot last month and, of course, well above the Fed‘s target. Seeing the weight that inflation carries on Chair Kevin Warsh’s Fed, investors may seem a tad more

09-12Industry

HOOD Stock Gets $165 Target as Analyst Predicts Robinhood Chain Revenue to Hit $365M

The Robinhood (HOOD) stock price has traded near the flatline today, despite the recent bullish outlooks from market experts. Its worth noting that investors are also evaluating the consolidated trading of HOOD stock today, despite a surge in crypto prices.　　Amid this, a renowned analyst has raised its price target for Robinhood stock to $165. The analyst also lauded the robust growth in Robinhood Chain, saying that the platform may generate $365 million in revenue, which has further fueled discussions among traders.　　Analyst Raises Robinhood (HOOD) Stock Price Target　　Robinhood stock price was down around 0.2% today and traded at $113.08, after closing the prior session at $113.33. However, despite the recent consolidation, the HOOD stock price has added nearly 20% over the past 30 days.　　Discover more　　Finance　　News　　Track Stocks Bonds　　Source: Yahoo Finance　　Amid this, the investment banking firm Citizens JMP has raised its price target for HOOD stock to $165 from $155 while maintaining a “Market Outperform” rating. The updated outlook reflects growing expectations for Robinhoods blockchain ambitions, particularly its emerging Robinhood Chain initiative.　　According to the analyst, Robinhood Chain could contribute approximately $1 million in net revenue per day once its activity is reflected in the companys 2027 estimates. That would translate to roughly $365

09-12Industry

Government Defeated As Lords Back UK Digital Assets Strategy

The UK government suffered a defeat in the House of Lords on Wednesday as peers backed an amendment requiring the Treasury to draw up a national strategy for regulating digital assets.　　The upper chamber approved the measure by 194 votes to 138, with Conservative and Liberal Democrat peers combining against a near-solid bloc of Labour votes. Baroness Neville-Rolfe, a Conservative former Treasury minister, moved the amendment to the Financial Services and Markets Bill.　　The new clause, titled “Digital assets strategy,” would require the Treasury to prepare, publish and consult on a strategy for regulating and developing digital assets and related digital financial market infrastructure in the UK.　　The regulation of digital assets includes “cryptoassets, qualifying stablecoins, Central Bank Digital Currencies, tokenised securities and other digital and tokenised financial assets,” according to the draft.　　The UK is in the process of drafting a sweeping new crypto bill. The countrys Financial Conduct Authority finalised its regulatory framework for cryptoassets in June, with the regime due to take effect on 25 October 2027. The authorisation gateway for firms opened on 30 September and runs to 28 February 2027.　　Britain is trailing behind Brussels and Washington with digital asset regulation. The EUs Markets in Crypto-Assets regulation has applied to

09-12Industry

Wall Street Rallies Following August Inflation Report: Understanding the Surge

Key TakeawaysThe August Consumer Price Index climbed 0.4% month-over-month and 3.4% year-over-year, matching analyst predictionsFederal Reserve rate increase probability jumped to 87% for the upcoming meetingMajor indices—Dow Jones, S&P 500, and Nasdaq—each advanced approximately 1%, ending a four-session declineMarket experts attribute the surge to decreased uncertainty surrounding monetary policyOracle stock climbed over 2% following robust cloud revenue performance　　U.S. stocks surged Friday following the release of Augusts inflation metrics, which elevated the likelihood of a Federal Reserve interest rate increase next week to nearly guaranteed levels.　　The Dow Jones Industrial Average jumped approximately 506 points, representing a 1% gain. Meanwhile, the S&P 500 advanced 1%, and the Nasdaq Composite increased 1.2%. The three major benchmarks all snapped a four-session decline.　　E-Mini S&P 500 Sep 26 (ES=F)　　The market response followed Consumer Price Index figures revealing prices climbed 0.4% for the month and 3.4% year-over-year. These readings aligned with Wall Street expectations, though they registered slightly warmer than Julys measurements.　　Discover more　　News　　Merchant Services & Payment Systems　　financial　　The Paradox: Rising Markets on Elevated Inflation　　The stock markets positive reaction to hotter-than-desired inflation figures may appear counterintuitive. The explanation centers on market clarity.　　According to David Wagner, head of equities at Aptus Capital Advisors, the data eliminated significant ambiguity for market

09-12Industry

Crypto Trader Gains $10 Million with Aggressive HODL Strategy

A crypto trader known as Point Farm Capital has turned a bet on the Solana-based meme coin STONK into more than $10 million in profit by sticking to an aggressive hold strategy.　　According to on-chain analytics from Lookonchain, the trader now holds 35.7 million STONK tokens, valued at roughly $10.55 million, making them the tokens largest single holder.　　How the Position Reached $10 Million　　The unrealized profit stands near $9.81 million on an initial investment of about $542,000, a return exceeding 1,800%.　　The average entry market cap was around $12 million, while STONK has since climbed to roughly $255 million, delivering outsized gains for early accumulators who refused to sell.　　On-chain data shows a pattern of consistent buying during the tokens early stages, followed by disciplined holding as price action turned bullish.　　Follow us on X to get the latest news as it happens.　　Trader @pointfarmcap has made over $10M in profit on solana:6GmAFSYs4gk3FDao5FzzySQpPZaWsa4rUJHacpMpUNgx!　　He now holds 35.7M solana:6GmAFSYs4gk3FDao5FzzySQpPZaWsa4rUJHacpMpUNgx($10.55M), making him the largest solana:6GmAFSYs4gk3FDao5FzzySQpPZaWsa4rUJHacpMpUNgx holder.… pic.twitter.com/pF1WNVDPqz　　— Lookonchain (@lookonchain) September 11, 2026　　That approach contrasts with the high-frequency flipping common in meme coin markets, where traders typically take quick profits rather than let positions compound.　　Earlier data tracking the same account on the FOMO leaderboard showed that the position had swung

09-12Industry

Polygon [POL] faces a $1.29M FalconX deposit – Can $0.08934 hold？

Polygon [POL] encountered renewed supply pressure as FalconX moved 14 million tokens valued at $1.29 million into the Binance exchange amid its ongoing price correction.　　This transaction marked FalconXs largest POL deposit to Binance this week, hence raising fresh exchange-side supply concerns among traders.　　At the time of this writing, Polygon was trying to stabilize around $0.09349 after pulling back rapidly from its late-August peak around the $0.125 zone.　　The transfer therefore arrived at a time when bulls were already working to stabilize the broader price structure.　　Moving tokens into Binance introduced readily available exchange supply, thus creating potential selling pressure.　　The transaction itself however did not confirm that FalconX sold those tokens, but rather introduced additional supply risk as POL sat around a key demand region.　　Buyers would need to absorb any incoming selling pressure to protect the establishing recovery structure.　　Top traders keep their bullish conviction　　The derivatives positioning on the other hand provided a different outlook. According to CoinGlass, Binance top traders maintained substantial long exposure despite FalconXs exchange deposit.　　Specifically, the long positions accounted for around 63.21%, against 36.79% for short positions. The resulting 1.72 Long/Short Ratio reflected a clear support for bullish positioning.　　Interestingly, the conviction persisted while POL consolidated around its demand area following

09-12Industry

Nasdaq deepens Kraken ties with proposed $100 million Payward investment

Nasdaq has agreed to invest $100 million in Payward, the parent company of Kraken, while Payward plans to adopt Nasdaq market-surveillance technology across its trading businesses. The two moves add capital and market-integrity infrastructure to an existing partnership focused on tokenized equities.　　The proposed investment, made through Nasdaq Ventures, gives the relationship a new financial dimension. Nasdaq and Payward also said they will continue developing the operational and commercial systems for planned Nasdaq Equity Tokens, or NETs.　　According to the companies announcement, Payward will deploy Nasdaq surveillance tools across a portfolio of trading venues that includes crypto, equities, tokenized equities, futures and options. That expands the relationship beyond the planned distribution and settlement framework for NETs and into technology used to monitor trading across several markets.　　Related Company Nasdaq An American stock exchange　　The announcement describes an agreement to invest, not a completed transaction. It does not disclose a closing date, Payward valuation, ownership percentage or governance rights for Nasdaq. The available terms therefore do not establish how much influence Nasdaq could gain over Payward.　　The partnership predates the investment. In March, the companies announced plans for an equities transformation gateway connecting Nasdaqs proposed issuer-sponsored tokens with Paywards xStocks tokenized-equity ecosystem in eligible jurisdictions.　　The Sept.

09-12Industry

Australian Dollar holds firm as hotter US inflation fails to cement Greenback's advantage

AUD/USD is edging higher today but is yet to retake the 0.7200 mark on Friday. The pair is clawing back part of the previous sessions sharp sell-off after hitting multi-month highs in the high 0.7200s. The recovery holds even after a firmer-than-expected United States (US) inflation print that would normally weigh on the Aussie.　　US core Consumer Price Index (CPI) data ran hotter than forecast in August, strengthening the case for a Federal Reserve (Fed) rate hike at next weeks meeting. Though headline CPI rose 0.4% MoM, in line with expectations, core inflation increased 0.3%, its fastest pace since April and above the 0.2% consensus.　　Higher Crude and rising front-end yields would normally support the US Dollar, but it has struggled to follow either signal. A growing US policy premium has taken hold of FX pricing and weakened those traditional links. Investors remain wary of the policy mix, the fiscal outlook, and efforts to hold down long-term borrowing costs. That hesitation is helping the Aussie keep its ground.　　The 2-year US Treasury yield, the one most sensitive to Fed policy, pushed up to around 4.62% and rose roughly 3 basis points on the day as it leaned into a near-term interest rate hike.

09-12Industry

Is Neverless Regulated？ A MiCA Company Profile

Editorial company profile — fact-checked by Neverless on 8 and 9 September 2026.This is the English-language edition of a definitive company profile prepared by The Cryptonomist. Every company-supplied figure and statement is labelled as such; regulatory facts are drawn from the registers of Latvijas Banka, ESMA and the AMF. Publication is editorial and is not conditioned on any purchase.　　In one line:Neverless is a London-founded, ex-Revolut-led crypto and investment platform whose Latvian entity, Neverless SIA, was authorised by Latvijas Banka on 20 May 2026 as the fourth MiCA crypto-asset service provider (CASP) licensed in Latvia — covering five crypto-asset services defined under MiCA, including the comparatively uncommon portfolio-management scope, and passported to every EEA state — while a separate group entity, Boku Securities SIA, holds an older MiFID II licence that underpins the platforms stock-trading product.　　At a glanceMiCA-licensed entityNeverless SIA (Latvian register no. 40203638969), Mārupe, LatviaMiFID-licensed entity (same group, separate legal person)Boku Securities SIA (Latvian register no. 40203530771), same registered address per Latvijas Banka‘s register; the separate-entity structure within the group is company-confirmed, 9 September 2026FoundedJune 2022, in London, by Phuc To, Arthur Johanet and Mikael Peydayesh — all former Revolut executivesMiCA licenceNo. 27-55/2026/8, granted by Latvijas Banka, valid from 20

09-12Industry

Bank stablecoins can earn DeFi yield, but holders bear the risk: Katana CEO

Katana CEO Matt Fisher has said a dollar stablecoin planned by 21 financial institutions for the first half of 2027 could generate yield through independent DeFi protocols, although holders would assume risks not covered by its issuing banks.　　Katana CEO Matt Fisher told crypto.news that the GENIUS Act restriction applies to permitted stablecoin issuers, not necessarily to how holders use tokens after receiving them, though he described his position as a market-structure view rather than legal advice.　　“The GENIUS Act stops the issuer from paying yield; it doesn‘t stop the holder from putting the dollar to work somewhere the issuer doesn’t control. Once a compliant stablecoin leaves the issuer and moves into an independent protocol, yield can come from genuine economic activity.”　　Bank stablecoins may leave tokenized cash idle　　Fishers comments follow a Sep. 1 commitment by Bank of America, Citi, Goldman Sachs, UBS and 17 other financial institutions to establish a new stablecoin company during the second half of 2026, subject to closing conditions.　　As detailed in a recent 21-firm stablecoin plan, the unnamed venture expects to introduce a dollar-denominated token in the first half of 2027. It may later add tokens tied to other G7 currencies, with a euro product listed as its

09-12Industry

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