Latest Crypto News & Market Updates

Gold Forecast: XAU/USD sees a dead cat bounce ahead of US jobs data

Gold attempts a tepid recovery from an eight-week low of $4,110, reached on Monday, pausing the sharp sell-off early Tuesday.　　Gold remains vulnerable as US jobs data looms　　Gold is seeing a dead cat bounce as sellers take a breather, with the US Dollar (USD) entering a phase of bullish consolidation alongside the US Treasury bond yields.　　The global bond rout deepened on Monday, bringing the monthly sell-off to its heaviest in two years and sending the benchmark 10-year US Treasury yield to a 19-year high above 5.27%.　　Soaring yields triggered a massive meltdown in global stocks, making them less attractive as an alternative investment. As a result, a ‘sell everything’ mode ensued, and Gold crumbled almost 4%. Investors liquidated their Gold long positions to cover their losses in bond and stock markets.　　The bright metal also faced headwinds from increased bets on an October US Federal Reserve (Fed) interest rate hike, which bolstered USD and weighed heavily on non-yielding assets such as Gold.　　Discover more　　Blockchain development services　　Financial Markets News　　Blockchain technology consulting　　Markets are pricing in a 70% chance of a rate hike in October, according to CME Groups FedWatch Tool.　　Elevated Oil prices, amid the US-Iran standoff and renewed threats of US strikes on Iran, keep global

Yesterday 11:10Industry

Australian Dollar consolidates above 0.7000 vs USD before RBA decision

The AUD/USD pair extends its consolidative price moves through the Asian session on Tuesday, trading just above the 0.7000 psychological mark, near the lowest level since August 4 ahead of the Reserve Bank of Australia (RBA) decision.　　The Australian central bank is widely expected to raise the Official Cash Rate (OCR) by 25 basis points (bps) after keeping rates unchanged at its previous two meetings. Meanwhile, the key focus will be on the accompanying Monetary Policy Statement (MPS) and RBA Governor Michele Bullocks comments at the post-meeting press conference. Investors will look for cues about the future policy path, which, in turn, would drive the Australian Dollar (AUD) and provide some impetus to the AUD/USD pair.　　Any positive reaction to a hawkish RBA outlook, however, is more likely to be limited amid the prevailing bullish sentiment surrounding the US Dollar (USD). Investors have been pricing in a greater possibility of another interest rate hike by the US Federal Reserve (Fed) in October amid energy-driven inflationary concerns, which continue to push US bond yields to multi-year highs. Apart from this, geopolitical uncertainties keep the US Dollar (USD) near a two-month high and should cap the AUD/USD pair.　　Discover more　　Access Premium News　　Crypto exchange reviews　　Compare Investment

Yesterday 10:27Industry

United States Dollar Index strengthens as oil surge bolster Fed rate hike bets

The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, is extending its gains for the second successive day and trading around 101.20 during Asian hours on Tuesday.　　The Greenback gained support as ongoing uncertainty surrounding US-Iran negotiations kept oil prices elevated. This persistent pressure on energy costs has heightened expectations that the Federal Reserve will need to tighten monetary policy further to combat inflation.　　The surge in oil prices resumed after Iranian officials expressed doubt about reaching an agreement prior to the upcoming US midterm elections in November. The standstill follows US President Donald Trump‘s recent rejection of Tehran’s latest proposal, which stalled diplomatic momentum.　　Discover more　　investing　　Bitcoin price tracker　　Open Trading Account　　Rising inflation concerns and expectations of additional rate increases pushed Treasury yields to fresh multi-year highs, with both the 10- and 30-year yields climbing above 5%. Following the central banks initial rate hike in three years earlier this month, the CME FedWatch Tool shows money markets are currently pricing in roughly a 70% probability of another Federal Reserve rate increase in October.　　USD positioning steady as Rabobank flags balanced build-up in longs and shorts　　Analysts at Rabobank observe that speculative positioning in the Dollar has shown

Yesterday 10:17Industry

Pump.fun: Why PUMPs 20% surge faces KEY test despite $466M buybacks

Pump.fun [PUMP] recorded a rapid increase in platform activity as new token launches climbed more than 25,000% within 24 hours. The increased usage reinforced the buyback story as the platform revenue continued supporting direct PUMP buys.　　At press time, Pump.fun had spent $466.25 million on buybacks, removing 16.84% of the total token supply. The robust platform usage, therefore, introduced a direct connection between ecosystem activity and the contracting circulating supply.　　PUMPs trading activity expanded alongside the recovery, with 24-hour spot volume rising 66.59% to $353.8 million and price jumping 20% over 24 hours.　　Even so, the stronger fundamentals, however, did not prevent short-term price volatility as investors increased exposure around the recovery.　　Source: Cumulative Buybacks on Pump.funLeverage rushes back into Pump.fun　　Market players on the derivatives increased their exposure considerably as PUMP recovered from its September lows. Derivatives volume notably surged 198.47% to $1.11 billion, reflecting a steep expansion in the speculative participation.　　Discover more　　Fintech investment reports　　Blockchain news subscription　　FINANCE　　Additionally, the Open Interest (OI) followed the advance, jumping 17.26% to $429.46 million. The rising OI implied traders added leveraged positions rather than closing the existing ones.　　Additionally, liquidation data introduced another crucial element to the derivatives outlook. In particular, the long liquidations hit nearly $1.03 million, with the

Yesterday 10:05Industry

Wikibit Crypto Risk Monitor — September 29, 2026

September 29 is defined by one immediate centralized-exchange deadline and two material regulatory developments.　　CoinEx reaches its 02:00 UTC spot-shutdown and non-USDT asset-processing cutoff today. At the publication cutoff for this report, that deadline is still ahead. Under the exchanges wind-down terms, all spot trading ends, open spot orders are cancelled, remaining CET is repurchased at 0.005 USDT per CET, CoinEx Smart Chain and OneSwap cease operations, and remaining non-USDT balances begin platform-controlled disposal. For users who want a non-USDT asset in its original token form, this is the critical deadline; the later December 22 general withdrawal deadline does not guarantee every original token remains supported unchanged.　　Read the updated Detail: CoinEx Shutdown　　Bitget has passed its first post-hack withdrawal milestone. The exchange confirms BTC withdrawals resumed at 08:00 UTC on September 28 on both the Bitcoin and BSC networks. This is the first externally verifiable operational recovery step following the approximately $388 million September 24 wallet-infrastructure breach. ETH withdrawals are scheduled for September 29 at 08:00 UTC, later than this reports publication cutoff; USDT follows September 30 and other assets/fiat/P2P October 2.　　Bitgets updated incident explanation also sharpens the attack path: the attacker may have exploited a vulnerability in a third-party security product

Yesterday 10:00Industry Research

CoinEx Shutdown: September 29 Spot Closure and Non-USDT Disposal Deadline

CoinEx reaches the most consequential stage of its orderly shutdown on September 29.　　At:　　September 29, 2026 at 02:00 UTC　　the exchanges published wind-down schedule moves from non-spot closure into spot shutdown and platform-controlled asset processing.　　At this reports publication cutoff, the 02:00 UTC deadline is still ahead. WikiBit therefore treats the change as imminent rather than already completed.What happens at 02:00 UTC　　CoinExs shutdown terms say the September 29 stage includes:all spot trading ending;unfilled spot orders being cancelled;remaining CET being automatically repurchased;CoinEx Smart Chain ceasing operations;OneSwap ceasing operations;related bridge/redemption services ending;remaining non-USDT balances entering platform disposal/processing.　　For users still holding assets on the exchange, this is an irreversible operational transition.The most important distinction: original token versus later withdrawal　　CoinExs general withdrawal window remains scheduled until:　　December 22, 2026 at 02:00 UTC　　But that later date does not mean every non-USDT asset will remain available in its original token form until December.　　CoinEx tells users who want to retain non-USDT assets themselves to complete withdrawal before the September 29 cutoff.　　Afterward, CoinEx may dispose of assets in external markets and credit the resulting value in USDT.　　The user can therefore move from:　　holding token X　　to:　　holding USDT proceeds determined by CoinExs disposal of token X　　without choosing the execution timing or venue.Liquid non-USDT balances　　Where an

Yesterday 09:59Industry Research

Binance Funding Account Migration: On-Chain Deposits Stop September 29 as Crypto Moves Toward Spot Accounts

Binance begins a major account-architecture transition on September 29.　　The goal is to separate:ordinary crypto asset storage/flows;U.S. stock and stock-options settlement.　　The Funding Account will gradually stop functioning as Binances general-purpose crypto-routing account and will ultimately become the:　　Stocks Account　　after the transition completes.The most important change today: Funding Account on-chain deposits stop　　Starting:　　September 29, 2026　　the Funding Account no longer supports on-chain crypto deposits.　　Users sending ordinary crypto into Binance should use the supported deposit flow that credits the appropriate Spot Account structure.　　This creates a real operational risk for:saved wallet workflows;treasury systems;scripts;API integrations;instructions copied from old documentation.What happens to assets already in Funding？　　Binance says non-stock crypto assets will be moved toward the Spot Account structure on a:　　1:1 basis　　with no reduction in total asset value.　　Most users do not need to take action.　　Binance is providing a One-Click Migration feature for users who want to proactively move unsupported/non-stock assets from Funding to Spot.　　The overall migration is gradual and is expected to complete around January 2027.Important timing nuance: transition now, automatic completion later　　The September 29 change begins the new routing model and removes Funding Account on-chain deposit support.　　Binance also says assets users do not proactively migrate will be handled through automatic batch migration as the transition completes, with January 2027

Yesterday 09:58Industry Research

California Crypto Laws 2026: Public-Official Meme Coin Ban and New Digital-Asset Seizure Framework

California has signed two crypto-focused statutes that target different risks:AB 2409: conflicts of interest and public-official meme coins;SB 1208: digital-asset money laundering, seizure, forfeiture and victim restitution.　　The package is broader than a single “meme coin ban” headline, but it is also narrower than a general prohibition on meme coins or cryptocurrency trading.AB 2409: who cannot issue a meme coin？　　AB 2409 prohibits a covered:　　public officer or public employee　　from issuing a meme coin.　　The laws public-officer category includes state/local elected or appointed officials and members of governmental boards, commissions or similar bodies.　　The covered public-employee category is narrower and includes employees with decision-making authority over government bids and contracts.What counts as “issue”？　　The bill defines issuance broadly around making the token available for:public purchase;donation;exchange of value;　　whether or not the official personally promotes it.　　That matters because the rule cannot necessarily be avoided simply by saying an official “did not advertise” a token.Platform listing rule　　AB 2409 also restricts digital-asset service providers serving California residents.　　A provider may not list for sale or purchase by a California resident a meme coin:issued on or after January 1, 2027;offered by, or in partnership with, a federal public official or a state/local public officer.　　This rule reaches official-linked tokens at the point of

Yesterday 09:55Industry Research

Tether and Iran: Senate PSI Says 84% of 846 Studied Wallets Relied Almost Entirely on USDT

Tether faces a new level of U.S. sanctions and anti-money-laundering scrutiny after Democratic staff of the Senate Permanent Subcommittee on Investigations published a September 28 report on USDT use in Iran-linked financial networks.　　The headline finding is:　　84% of 846 studied wallets transacted exclusively or nearly exclusively in USDT.　　The same day, Tether published a detailed response centered on its law-enforcement record and said it had supported approximately:　　$550 million　　of Iran-linked USDT freezes during 2026.　　These statements are not mutually exclusive. The policy dispute is about whether issuer-level controls were applied quickly and proactively enough, not whether Tether has a technical ability to freeze USDT.Who issued the report？　　The report was released by Senator Richard Blumenthal, the ranking Democrat on the Senate Permanent Subcommittee on Investigations.　　It reflects the work of PSI Democratic investigators/staff.　　That distinction matters politically and legally. It is a congressional investigative report, not:a Treasury sanctions designation;a DOJ indictment;an SEC/CFTC order;a court judgment.What wallets were studied？　　PSI says investigators analyzed blockchain transaction data from:　　846 unique cryptocurrency wallets　　that had been:sanctioned; ortargeted for seizure;　　because of associations with Iran and regional proxies.　　The designations/seizure targets came from U.S. and Israeli authorities over several years.The 84% finding　　The Senate release says:　　84% of the 846 wallets transacted exclusively or nearly exclusively in USDT.　　The

Yesterday 09:52Industry Research

Bitquery pegs Robinhood Chain rug-pull crew at 56 launches, $15.5M take

A blockchain investigation has extended the suspected rug-pull operations on Robinhood Chain to 56 memecoin launches. It also puts the groups estimated take at a lower $15.5 million.　　Bitquery published its results on September 28. The report examines the period of the activity until September 23, which is two days after the date used for the first estimate of $18.43 million.　　The larger problem extends farther than determining which of the estimates is more accurate. Bitquerys analysis of the market indicates how the features employed in launching new memecoins offer coordinated traders an advantage compared to ordinary investors. The majority of the traced market activity was happening on Pons, a token launchpad that runs on Robinhood Chain.　　How a funded wallet buys the whole curve　　Pons uses a bonding curve to sell its new tokens, enabling the earliest buyers to have the lowest prices. In a bid to avoid sniping, the platform charges 99% tax at the time of initial purchases. This tax then reduces to zero within five seconds. The creator of the tokens can choose which wallets are exempt from tax, according to The Block.　　Bitquery connected one incident to the launch of DEED on September 21. Around 40 minutes prior to the

Yesterday 09:51Industry

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