Latest Crypto News & Market Updates

Skyworks Solutions (SWKS) Stock Surges 11% on Apple Foldable iPhone and Merger News

Key HighlightsShares of Skyworks Solutions climbed 11% to reach $87.92 on Tuesday, leading all S&P 500 components after a 10%+ decline the previous session.The catalyst included Apple‘s introduction of the “Duo,” marking the tech giant’s entry into foldable smartphones, benefiting Skyworks as a critical RF component supplier.Company CEO Philip Brace expressed high confidence that the $22 billion acquisition of Qorvo will finalize within this calendar year.Regulatory clearance for the Qorvo transaction is down to just two remaining jurisdictions.Post-merger synergies are projected to deliver approximately $500 million in combined cost savings and revenue growth opportunities.　　Skyworks Solutions shares rocketed 11% higher to $87.92 during Tuesday‘s trading session, claiming the top spot among S&P 500 constituents. The powerful rally reversed Monday’s steep 10%-plus selloff.　　Skyworks Solutions, Inc., SWKS　　The dramatic turnaround stemmed from two significant developments. Apple revealed its “Duo” device, representing the company‘s inaugural foray into foldable smartphone technology with premium pricing. Given Skyworks’ position as a primary supplier of radio-frequency semiconductor solutions for Apples mobile devices, the announcement triggered optimism among investors.　　Additionally, CEO Philip Brace provided crucial updates during an industry conference, confirming the $22 billion Qorvo acquisition has advanced to its concluding regulatory review phase, awaiting final clearance from only two governmental

09-16Industry

Bitcoin Miner Bitdeer Adds 65.1MW for Nvidia AI as Pipeline Hits $7B

Key TakeawaysBitdeer added 65.1 MW in Malaysia, lifting secured AI Cloud capacity to 206.5 MW.The shift shows bitcoin miners chasing steadier AI revenue from existing power infrastructure.Bitdeer targets 350 MW by Q1 2028 as its AI Cloud pipeline tops $7B.　　Bitdeer Adds 65.1 MW in Malaysia as AI Expansion Accelerates　　Bitdeer is pushing deeper into artificial intelligence infrastructure, adding its largest single AI Cloud capacity expansion to date in Southeast Asia.　　The bitcoin miner and data-center operator signed a 10-year agreement for a 65.1 MW facility, known as A202, at its existing Johor Bahru campus in Malaysia. Energization is expected in the third quarter of 2027.　　The new site lifts Bitdeer AIs secured capacity to roughly 206.5 MW across Malaysia, Norway and the U.S. That represents about 59% of its 350 MW target for the first quarter of 2028.　　More importantly, Bitdeer says its active AI Cloud pipeline now exceeds $7 billion in potential contract value.　　Bitcoin Infrastructure Is Becoming AI Infrastructure　　A202 will sit alongside Bitdeers 21.7 MW A201 facility, giving the Johor campus a combined 86.8 MW of AI capacity. The site is being designed for liquid-cooled, rack-scale Nvidia systems, including GB300 NVL72 and Vera Rubin platforms. It can support both GPU cloud services and

09-16Industry

Orlens $400M Oil Deal Collapse Highlights Stablecoin Risks in Trade

Orlens failed Venezuela oil deal resulted in an estimated $424 million loss. Polish authorities charged three former Orlen executives in August for asset neglect.Blockchain proves USDT transfers, but cant guarantee physical oil delivery or rights.　　A failed Venezuelan oil deal involving Poland‘s state-owned energy giant Orlen is putting a spotlight on a tricky stablecoin problem – just because blockchain allows for fast transfer of funds doesn’t mean the person or company on the other end is safe to deal with.　　Back in late 2023, Orlens Swiss trading unit, Orlen Trading Switzerland (OTS), struck a deal with a Dubai middleman called Hannon International to buy about 6 million barrels of Venezuelan Merey 16 crude.　　The contract was worth roughly $345 million, and OTS paid about $230 million upfront. It was reported that much of the payment was made using Tethers USDT.　　However, for the most part, the oil never showed up, as only a small fraction of the expected shipment was ever received.　　Orlen racked up high costs after sending tankers to Venezuela that couldnt load the crude they were supposed to pick up. When all the costs are factored in, the damage has been estimated at around $424 million.　　Discover more　　Take Economics Courses　　News　　Compare Exchange Rates　　This brought

09-16Industry

Autodesk, Inc. (ADSK) Stock: Surge as Agentic AI Push Expands Across Three Industry Clouds

TLDRAutodesk stock gains 1.24% as agentic AI expands across three cloud platforms.Forma, Fusion, and Flow will anchor Autodesks next-generation Assistant strategy.Autodesk Assistant will connect project data, workflows, and tools across teams.New Assistant features will target design, engineering, manufacturing, and media.Autodesk plans broader Assistant rollout details and regional availability in 2027.　　Autodesk, Inc. (ADSK) stock gained 1.24% to $231.77 as the company expanded its agentic AI strategy. The shares extended an intraday rebound after recovering from earlier session lows. Meanwhile, Autodesk previewed new AI capabilities across Forma, Fusion, and Flow.　　Autodesk, Inc., ADSK　　Autodesk Expands Agentic AI Across Three Industry Clouds　　Autodesk introduced new agentic AI features across its three major industry cloud platforms. Forma supports architecture, engineering, and construction workflows, while Fusion serves design and manufacturing teams. Flow supports media and entertainment production through connected data and creative workflows.　　Discover more　　Finance　　Economics　　Currencies & Foreign Exchange　　The company plans to combine these platforms through the next generation of Autodesk Assistant. The system will use connected project information to understand user requests and broader project needs. Therefore, teams could access relevant tools without moving repeatedly between separate Autodesk products.　　Autodesk Assistant already operates across several company products, including Fusion, Forma, and Flow. However, Autodesk plans to extend the platform across

09-16Industry

Ethereum and Solana DeFi TVL: prices or fresh capital？

The central question behind DeFis latest rebound is whether protocols gained fresh deployable liquidity or simply more valuable collateral.　　A Sept. 15 capture of DeFiLlama‘s chain data showed Ethereum’s dollar-denominated DeFi total value locked up 21.38% over 30 days and Solana‘s up 22.94%. Stablecoin growth trailed far behind. Ethereum’s stablecoin market cap increased 0.68%, Solanas stablecoin market cap rose 5.51%, and the aggregate across chains gained 1.59%.　　Native assets moved faster than all of them. ETH gained 32.80% over 30 days and SOL rose 34.67%, according to CryptoSlates Ethereum market data and Solana market data. The relative moves make asset revaluation a plausible major contributor to the TVL increase, although an exact share remains beyond these aggregate snapshots. The live pages refresh independently, so the comparison is best read as a Sept. 15 market capture rather than a permanently synchronized series.Market30-day DeFi TVL change30-day stablecoin market cap change30-day native asset price changeEthereum+21.38%+0.68%ETH +32.80%Solana+22.94%+5.51%SOL +34.67%All chainsOutside this comparison+1.59%Not applicable　　What TVL is actually measuring　　DeFiLlama defines TVL as the dollar value of assets held in protocol contracts. Two forces move that number: the quantity of deposited assets and the market price assigned to those assets. A rising token price lifts dollar TVL even when the

09-16Industry

Did cryptos $20 Billion DeFi surge just get stolen by price inflation？

The central question behind DeFis latest rebound is whether protocols gained fresh deployable liquidity or simply more valuable collateral.　　Related Asset Ethereum #2 ETH · $2,439.00 24-hour change: down 3.74% Loading price history… 24H Down 3.74% 7D Down 2.31% 30D Up 29.56%　　A Sept. 15 capture of DeFiLlamas chain data showed Ethereums dollar-denominated DeFi total value locked up 21.38% over 30 days and Solanas up 22.94%. Stablecoin growth trailed far behind. Ethereums stablecoin market cap increased 0.68%, Solanas stablecoin market cap rose 5.51%, and the aggregate across chains gained 1.59%.　　Native assets moved faster than all of them. ETH gained 32.80% over 30 days and SOL rose 34.67%, according to CryptoSlates Ethereum market data and Solana market data. The relative moves make asset revaluation a plausible major contributor to the TVL increase, although an exact share remains beyond these aggregate snapshots. The live pages refresh independently, so the comparison is best read as a Sept. 15 market capture rather than a permanently synchronized series.　　Related Asset Solana SOL · $100.15 24-hour change: down 2.74%Market30-day DeFi TVL change30-day stablecoin market cap change30-day native asset price changeEthereum+21.38%+0.68%ETH +32.80%Solana+22.94%+5.51%SOL +34.67%All chainsOutside this comparison+1.59%Not applicable　　What TVL is actually measuring　　DeFiLlama defines TVL as the dollar value of assets held

09-16Industry

Bitcoin Price as Republicans Reject Democrats CLARITY Act Offer

Bitcoin price hovered below $77,000 on Tuesday as regulatory uncertainty and looming monetary tightening unsettled cryptocurrency markets.　　Bitcoin price fell 2.77% over 24 hours to $76,279.53, extending weakness before a crucial Senate vote and Wednesdays Federal Reserve decision.　　The wider cryptocurrency market lost 2.16%, reducing its value to $2.61 trillion as traders trimmed risk exposure. Ethereum traded near $2,420 after a deeper daily decline, while XRP held around $1.39 following another volatile session.　　Ad　　Ad　　Republicans Reject Democrats CLARITY Act Offer　　Republicans rejected a Democratic counteroffer on the CLARITY Act hours before Tuesdays procedural Senate vote, reports said.　　Republican negotiators described their latest draft as final, despite disagreements over ethics protections and enforcement powers.　　Discover more　　Brokerages it does not pass legislation. The vote must attain 60 votes, and this would have to come across the aisle of the Republican majority in the Senate.　　Loss would take uncertainty further concerning market structure legislation and would perhaps lead to meaningful negotiations further than the existing political window.　　Ad　　Ad　　Bitcoin Price Prediction Ahead of FOMC Meeting　　The immediate support of the future Bitcoin outlook is around $75,600, which is the same as the intraday low on Tuesday and the closest region that the dip buyers were using. A decisive break would reveal the larger $74,000

09-16Industry

Kennedy Center Blocked From Inscribing Trumps Name

Topline　　A federal judge on Tuesday ruled the Kennedy Center cannot inscribe President Donald Trump‘s name on the venue’s marble facade, saying the plan violates both federal law that designates naming ability to Congress and a prior court order that directed the institution to remove Trumps name from its branding.　　A judge ruled the Kennedy Center “cannot install memorials for President Trump or anyone or anything else” without congressional approval. (Photo by Craig Hudson for The Washington Post via Getty Images)　　The Washington Post via Getty Images　　Key Facts　　District Judge Christopher R. Cooper ruled the Kennedy Centers effort to add an inscription on the marble facade thanking Trump for his fundraising efforts “bucks a federal court order and a statute Congress enacted.”　　Cooper cited a ruling he made in May, which blocked the institution‘s effort to rename itself the “Trump-Kennedy Center,” noting the venue’s founding law designates the ability to name the center to Congress and forbids “additional memorials or plaques in the nature of memorials.”　　“Simply put, Defendants cannot install memorials for President Trump or anyone or anything else at the Kennedy Center without Congresss blessing,” Cooper said.　　Discover more　　Trade Crypto Assets　　Choose POS Systems　　Compare Credit Cards　　Cooper acknowledged arts institutions often honor donors by renaming facilities, but

09-16Industry

Stablecoin growth could boost dollar dominance, US Treasury demand: BoE official

Carolyn Wilkins, a member of the Bank of England‘s Financial Policy Committee, says the rise of stablecoins could reinforce the US dollar’s global dominance and increase demand for US Treasurys, underscoring how the growing market for digital dollars could have consequences well beyond crypto.　　In a Tuesday speech at Queens University Belfast, Wilkins said dollar-denominated stablecoins could strengthen the greenback by making cross-border settlement easier, expanding access to dollar-linked assets outside the US and increasing demand for Treasurys held as reserves.　　The largest stablecoin issuers are already significant buyers of US government debt. Tether‘s USDt (USDT) and Circle’s USDC (USDC) held nearly $150 billion in Treasury bills at the end of 2025 and bought roughly $33 billion during the year, according to data cited by Wilkins.　　However, Wilkins argued that the relationship cuts both ways. At sufficient scale, mass stablecoin redemptions could force issuers to sell Treasury bills, potentially amplifying volatility in an already stressed market.　　Stablecoin issuers have become significant holders of US Treasury debt. Source: Bank of England　　Wilkins comments come as stablecoin adoption continues to grow, with more than $300 billion now in circulation. The market remains overwhelmingly tied to the US dollar, which accounts for 98% of stablecoin value and gives

09-16Industry

Binance adds 11 US-listed ETFs to wealth management offering

Binance has launched a wealth management service offering access to 11 US-listed exchange-traded funds focused on short-term US Treasurys and investment-grade bonds.　　The new Binance Earn offering groups the ETFs into cash management, steady income and yield enhancement products based on investment horizons ranging from less than six months to more than a year.　　Users can browse the available ETFs and place orders through Binance Earn, with purchases processed through the exchanges stock trading service. Binance said investors receive the economic benefits of the shares, including price movements and cash distributions.　　Unlike tokenized stocks, users purchase actual ETF shares through the service. Binance provides the interface, while Nest Trading routes the orders to Alpaca Securities, which executes the trades and holds the securities.　　The arrangement allows Binance users to access traditional securities through the same platform they use for crypto, while the underlying assets remain within conventional brokerage infrastructure.　　The wealth management service is the latest expansion of Binances TradFi business. Earlier this month, the exchange added physically settled options on more than 1,000 US stocks and ETFs, building on its existing equities offering of more than 7,000 stocks and ETFs.　　More than 80% of respondents in a PwC survey last year believe tokenization will boost

09-16Industry

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