Latest Crypto News & Market Updates

Solana price holds $100 as VIDAx volume on-chain hits 12.6x exchange levels

Things are getting interesting for Solana [SOL]. Tokenized stock trading on the network is heating up, and ETFs are also in the green. But does any of this actually matter for SOLs price？　　Lets take a look.　　VIDAs on-chain volume on Solana races ahead　　Over the past seven days, VIDAx recorded on-chain trading volume equal to roughly 1,258% of its volume on traditional stock exchanges. Its on-chain volume was roughly 12.6x its traditional-market volume.　　Its clear where traders are deliberately choosing to be.　　Source: XStocks　　While VIDAx is the standout example here, it is not the only tokenized equity with breakout activity.　　Ultimately for Solana, this is another use-case beyond crypto trading itself.　　ETFs in green pastures　　SOL spot ETFs also finished the latest session in the green; there was almost $837Kin net inflows. It is not a huge number on its own, if compared with the stronger days it has seen and other tokens better inflows.　　Source: SoSoValue　　This matters because demand is coming in from two sides at once.　　But this does not mean that SOL is ready for a breakout! What it does is make a case for the bulls.　　Solana price keeps the story interesting　　At the time of writing, Solana price was close to the $102mark. This is a

09-18Industry

Your Data Could Outlive the Startup You Gave It To. Elon Musk Wants to Buy What's Left

In briefSpaceXs AI unit held informal internal talks about buying customer and operational data from failed startups to train Grok.The approach echoes Googles $10 million bankruptcy-auction win for Spirit Airlines business records.SpaceXAI told staff in August it would train Grok on the entirety of SpaceXs own internal records, with Musk telling employees the model would effectively absorb who they are.　　Elon Musks SpaceX has been talking, internally, about buying the leftover customer files of startups that already went under. Not licensing data from companies that are still operating and can say no. Buying the digital estate of companies that no longer exist to say anything at all.　　The discussions are happening inside SpaceXAI, the artificial intelligence division born in February when SpaceX merged with xAI. People familiar with the talks told Bloomberg theyre informal and might go nowhere. But the idea makes sense from the perspective of an AI lab racing for the frontier.　　Myriad: How much will Elon Musk be worth？ Click to make your prediction.　　The goal is basically cheap fuel for Grok. AI models learn from training data—the text, code, and records an algorithm studies to get better at predicting what comes next—and the good stuff, real business records instead of

09-18Industry

Charles Hoskinson: Crypto Will Eat AI as the Data Center Boom Goes Dark

Hoskinsons argument goes beyond computing costs, as he says blockchains could also provide shared rules for AI alignment and governance.　　Charles Hoskinson says the cryptocurrency industry is about to do to artificial intelligence what it once did to cryptography, and he thinks the spending spree behind todays AI data centers is heading for a bust.　　In the September 16 episode of the Deeptech Insights podcast, the Cardano founder argued that blockchains could give AI payment rails, data ownership, provenance, and distributed computing as the infrastructure boom runs into economic limits.　　Why Hoskinson Thinks Crypto Eats AI　　Hoskinson said spending 10 times more on data centers every year cannot continue because there is not enough electricity to support that pace. Companies such as OpenAI and Anthropic also need to become profitable at scale, he said, with pre-training creating much of the financial pressure.　　The developer compared AIs position today with cryptography when he entered the industry, saying that cryptographers objected to being associated with cryptocurrency, a stance that ended once cryptocurrency had the money to hire the best cryptographers. He expects AI to follow the same path within five to ten years.　　“Cryptocurrencies are going to eat AI because we solve all the hard problems that AI

09-18Industry

British Pound Sterling slides after the Bank of England stays put

GBP/USD trades near 1.3350 after a session low at 1.3336, its weakest since the end of July, and it has been under its 200-day average since Wednesday. The Bank of England left Bank Rate at 3.75%, with three of its nine members voting for an increase to 4% and none voting for a cut. That is a committee leaning towards an increase, and Sterling fell anyway.　　The vote leaned one way and the minutes leaned the other　　UK consumer price inflation reached 3.1% in August, a five-month high and the first reading above 3% since March, with motor fuel a large part of it. The committee said inflation is likely to rise further over coming quarters, and the Bank‘s own short-term forecast has it above 4% in early 2027. Three members wanted to act on that immediately rather than wait. Committee member Mann, one of the three, pointed at the Bank’s own forecast rather than the current number and argued that raising now is the better route.　　Governor Bailey put the other side of it in the same document. Indirect energy pass-through has been weaker than the Bank expected, evidence of second-round effects is very limited, domestic inflationary pressure continues to ease and

09-18Industry

Pump.fun rallies as buybacks cut supply - Can price reclaim $0.004？

With the Fed rate hike unfolding as expected, crypto investors reacted strongly.　　Pump.fun [PUMP] successfully defended $0.0034, and at press time, PUMP was trading around $0.0038, up 9.6% on the daily charts. The upside move saw PUMP flip the Simple Moving Average (SMA), signaling strengthening short-term momentum.　　What‘s behind PUMP’s rebound？　　PUMP signaled a trend reversal mostly supported by both increased usage and reduced supply. While its success remains debatable, PUMP has constantly deployed its deflationary approaches to absorb pressure.　　In fact, the project has been aggressively buying and burning tokens in an attempt to reduce supply, as the token remains highly inflationary.　　Over the past day, for example, Pump.fun bought back 240 million tokens. Usually, token buybacks reduce the supply available for immediate selling, thus easing the market, even for a short term.　　Source: Defillama　　Moreover, Pump.fun saw renewed demand for the network. In fact, Active Addresses jumped to 1.2 million, according to Defillama data.　　Rising Active Users suggested that investors are not attracted to the protocol and jumped to access its services. Often , such high usage helps in increasing demand for the native token and, in many cases, helps to achieve growth.　　Is this time different though？　　A few days ago, PUMP jumped to a local high

09-18Industry

Mitch McConnells Confused And Frail Appearance Raise New Concerns (Video)

Topline　　Sen. Mitch McConnell, R-Ky., returned to the Senate this week after a months-long absence that sparked widespread speculation about his condition—though his return to public life has raised new concerns, as the 84-year-old senator has often appeared confused and frail and has made few spoken comments in public.　　Sen. Mitch McConnell (R-KY) attends a Senate Agriculture Committee meeting on September 16 in Washington, DC.　　Getty Images　　Key Facts　　McConnell made his first public appearance in three months Monday, taking part in a Senate vote for a judicial nominee and making a statement to reporters, saying it was “time to get back to work.”　　Reporters were not allowed to film McConnells remarks, and CNN journalist Manu Raju reported the senator “appear[ed] frailer and his voice slower.”　　Discover more　　Choose POS Systems　　Compare Exchange Rates　　FINANCE　　Videos shared on social media of McConnell throughout his first week back show the octogenarian using a wheelchair and being wheeled in and out of vehicles, often sporting a frozen expression and delivering no spoken comments to reporters—only making gestures like “thumbs up” and “peace” signs.　　McConnell delivered the deciding vote Wednesday as the Senate Agricultural Committee narrowly approved a farm bill during a hearing, though footage of the vote as analyzed by C-SPAN notes McConnell initially

09-18Industry

After Congress killed its landmark crypto bill, the SEC unlocked the $77 trillion US stock market through tokenization

The US Securities and Exchange Commission (SEC) has opened a five-year pathway for regulated US stocks to trade on blockchain-native venues.　　Related Law CLARITY Act: US Digital Asset Market Structure United States · Passed　　The Innovation Exemption came two days after the Senate failed to advance the CLARITY Act, a broad crypto market-structure bill that sought to establish statutory rules for digital assets and clarify regulatory responsibilities. The procedural vote failed 49-50, short of the 60 votes needed to move it forward.　　That failure left the crypto industry without a comprehensive market-structure framework and put greater weight on what regulators can do under existing law.　　SEC Chair Paul Atkins explicitly tied the Sept. 17 action to the stalled legislation, saying the agency was moving “within its statutory authority” to facilitate on-chain trading of certain tokenized stocks.　　Related Person Paul Atkins Chairman · U.S. Securities and Exchange Commission　　This move opens the $77 trillion US stock market to crypto-style trading. However, the decision addresses a narrower question of how regulated stocks can trade through blockchain infrastructure. It also pushes US policy closer to a market already developing offshore, where crypto companies are offering tokenized equities that can move beyond conventional exchange hours.　　SEC gives on-chain venues a five-year

09-18Industry

U.S. Treasury Expands BitBank Sanctions Over Iran Bitcoin Links

TLDR:BitBank sanctions target the Iranian exchange after Treasury alleged it facilitated hundreds of millions of dollars in Bitcoin transfers to the IRGC.Treasury also designated BitBank developer Pishtaz Simorgh Electronic Trade Company and three associates linked to Babak Zanjani.OFAC placed BitBank on the SDN list under Executive Order 13902, which Treasury is using against Irans digital asset sector.U.S. persons generally cannot transact with designated parties without authorization, while certain non-U.S. parties may face sanctions exposure.　　The U.S. Treasury imposed BitBank sanctions on September 17, targeting an Iranian digital asset exchange and its developer. Treasury said BitBank helped move hundreds of millions of dollars in Bitcoin to the Islamic Revolutionary Guard Corps. The Office of Foreign Assets Control also designated three associates of Iranian financier Babak Zanjani.　　Treasury linked the action to Operation Economic Outcast, its broader sanctions campaign against Iranian financial networks. The department said the exchange supported payments connected to sanctioned Iranian entities. The new Iran crypto sanctions also place BitBank and related parties on OFACs Specially Designated Nationals list. OFAC formalizes that listing.　　BitBank Sanctions Target Alleged Bitcoin Transfers to IRGC　　Treasury described BitBank as an Iranian digital asset exchange controlled by Babak Zanjani. OFAC previously sanctioned Zanjani and entities tied to his

09-18Industry

Flight Delays Top 5,000 Thursday—These Airports Are Hardest Hit

Topline　　Flight delays in the U.S. rapidly surpassed 5,000 on Thursday afternoon, impacting Chicago and Boston airports the hardest as the National Weather Service warned of flash flooding in the Midwest and Northern Plains.　　Inclement weather caused over 1,000 delays at Chicago OHare on Thursday.　　Photo by Scott Olson/Getty Images　　Key Facts　　Flight delays numbered 5,172 as of shortly before 3:30 p.m. EDT, according to FlightAware, with Chicago OHare International Airport alone accounting for well over 1,000 of the delays.　　Boston Logan International Airport reported more than 350 flight delays and 24 cancellations, as the Federal Aviation Administration said runway construction has caused some arriving flights to be delayed an average of two hours and 16 minutes.　　Discover more　　Try Operations Software　　Compare Exchange Rates　　Access Premium News　　Chicago experienced heavy rainfall Thursday morning, according to the NWS, which forecast scattered thunderstorms and rain Thursday night.　　Chicago Midway International Airport reported more than 200 delays.　　Over 300 flights were canceled nationwide, with nearly 200 of those involving flights scheduled for into or out of OHare.　　Boston Logan International Airport was hit with 356 flight delays and 24 cancellations, as the Federal Aviation Administration said runway construction has caused some arriving flights to be delayed an average of two hours and 16 minutes.　　WHAT OTHER AIRPORTS

09-18Industry

CFTC extends crypto software broker exemption as CLARITY Act stalls

The CFTCs Market Participants Division has extended no-action relief to providers of passive crypto-trading software, sparing them from registering as brokers, two days after the Senate blocked the CLARITY Act.　　The relief is set out in CFTC Staff Letter 26-25, signed by division director DJ Hennes. Division staff said they will not recommend enforcement against eligible software providers that fail to register as introducing brokers, nor against their personnel for not registering as associated persons of an introducing broker.　　The same treatment was given to a single company, Phantom Technologies, in March. However, that position bound only Phantom.　　Other developers that wanted the same cover had to file their own respective requests. What the latest CFTC Staff Letter 26-25 does is lift that limit, offering the relief on substantially the same terms to any passive software provider that meets the conditions.　　Where the line falls between software and broker　　The relief only reaches software that passively connects users to regulated markets. A provider can build and hand out interfaces that let users check market data, review products, and send orders straight to registered venues. It can also bundle that into a self-custodial wallet.　　The cover disappears when brokerage enters into the picture. Under the conditions, a

09-18Industry

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