Latest Crypto News & Market Updates

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

Ripple CEO Says Crypto Will Win With or Without Clarity Act

Ripple CEO Brad Garlinghouse believes that cryptocurrency will ultimately prevail regardless of whether the closely watched Clarity Act manages to clear Congress.　　During his appearance at a digital asset event in Kansas City on Tuesday, Garlinghouse reiterated his support for the landmark crypto market structure bill. However, its potential failure will not kill the industry, according to the influential executive.　　“When you have a technology thats better, faster, stronger… that usually wins,” Garlinghouse said.　　The Ripple boss argued that the existing financial system has failed to keep pace with technological change.　　Garlinghouse has also questioned why the United States would risk surrendering its leadership position to overseas markets.　　His comments come at a particularly precarious moment for the Clarity Act, which is facing a crucial procedural vote in the Senate on Tuesday.　　Crypto will not disappear　　As reported by U.Today, the Ripple CEO urged senators to vote in favor of advancing the Clarity Act, arguing that lawmakers should not allow the pursuit of a perfect bill to derail a workable compromise.　　He stressed that substantial concessions had already been made during months of negotiations.　　Why the Clarity Act is under pressure　　Clarity Act supporters do not currently have an easy path to the 60 votes needed to advance it.　　Republicans hold

09-16Industry

Robinhood Engineers Charged With Fraud Over Alleged Crypto Listing Trades

In briefFederal prosecutors charged two Robinhood engineers with commodities fraud and wire fraud.The employees allegedly traded perpetual futures using confidential information about upcoming crypto listings.Each defendant allegedly earned more than $50,000 from the scheme.　　Two Robinhood engineers allegedly used confidential information about upcoming cryptocurrency listings to make profitable trades on decentralized exchange Hyperliquid, federal prosecutors said Tuesday.　　Hefu Chai, 36, and Huaisong “Jerry” Xiang, 30, each face one count of commodities fraud and one count of wire fraud.　　Myriad: How low will Robinhood stock go？ Click to make your prediction.　　“Todays charges make clear that corporate insiders cannot evade the securities and commodities laws by trading based on misappropriated information in derivatives like perpetual futures, tokenized securities, or other similar financial instruments,” U.S. Attorney Jamie McDonald said in a statement.　　Perpetual futures, or “perps,” let traders speculate on an assets price—often with leverage—without owning it. Unlike conventional futures, the derivatives do not expire. Hyperliquid is one of the largest decentralized platforms for trading perps and has faced increased regulatory scrutiny.　　According to the DOJ, the engineers allegedly used nonpublic information about upcoming Robinhood Crypto token listings to buy related perpetual futures before the announcements, earning profits “for their own benefit” between 2025 and 2026. Each defendant

09-16Industry

Canadian Crypto Casinos Accepting Interac Alternatives and Bitcoin

Interac e-Transfer moves money for most Canadians most of the time. It does not move money into a crypto casino, and the reason is structural, not an oversight somebody forgot to fix.　　Understanding why the two rails do not meet explains most of what a Canadian gains and gives up by switching.　　Two Rails, Five Differences　　Work through these, and the choice stops being about convenience.　　Interac e-Transfer is a bank rail. It moves funds between Canadian financial institutions using email or phone as the routing identifier. Because it sits inside the banking system, it inherits that systems infrastructure: institutional dispute processes, fraud handling, and a paper trail your bank holds on your behalf.　　Provincially regulated operators support it, and crypto casinos do not. Ontario-registered books and provincial platforms take Interac because they hold Canadian banking relationships. An offshore operator generally cannot obtain those relationships, which is why the rail is unavailable to it regardless of any desire to offer it.　　Discover more　　Financial Markets News　　NEWS　　Currencies elsewhere it means the provincial platform.　　Crypto suits you if you want access to the wider offshore market, no banking relationship in the transaction, and settlement that does not depend on a Canadian institution approving it. The cost is the recourse you

09-16Industry

Gold set to fall toward $4,000 as Warsh faces a Fed rate-hike dilemma

As the Federal Reserve (Fed) monetary policy announcement approaches and the Middle East war intensifies, the US Dollar (USD) resumes its advance. Gold price posted a tepid attempt to recover its shine in early August, but with renewed USD demand, the bright metal faltered miserably and is now closer to the $4,000 markthan the encouraging $4,700 peak from a month ago.　　Federal Reserve: To hike or not to hike　　The Federal Open Market Committee (FOMC) will announce its monetary policy decision on Wednesday, and market players are pretty much convinced that Chair Kevin Warsh and co will deliver a 25 basis points (bps) interest rate hike, as odds for an on-hold decision are below 10%, according to the CME FedWatch Tool.　　The decision should not come as a surprise, but there‘s a lot more behind it than just the logical next step of the world’s largest central bank.　　On the one hand, Fed Chair Kevin Warsh made it clear that he does not favor forward guidance and has refrained from providing any since taking the Chair in May. However, during his appearance at the Jackson Hole Symposium this year, Warsh noted that inflation is still too high, and suggested a rate increase in the

09-16Industry

$350M in Ethereum exits exchanges as Q4 battle with Bitcoin begins

The market has preferred Ethereum over Bitcoin in Q3, but the trend could face a test in Q4.　　Technically speaking, the ETH/BTC ratio is set to finish the quarter more than 19% higher, the first ETH-driven outperformance since the third quarter of 2025. But the real question is whether Ethereum will be able to maintain its lead as the market enters the fourth quarter.　　According to CoinGlass, the fourth quarter has traditionally been Bitcoins strongest quarter, with average gains of more than 77%. Ethereum, in comparison, has delivered an average Q4 ROI of around 18%.　　This seasonal disparity could become a major headwind for ETH/BTC, especially after Ethereums strong Q3 rally.　　Source: TradingView (ETH/BTC)　　More importantly, the historical data shows another key pattern.　　Bitcoin has outperformed Ethereum in 8 out of the last 9 Q4 cycles, with 2021 being the only exception. Besides, BTC has typically posted lower losses in bear markets.　　This dynamic suggests that Bitcoin is consistently resilient in both bullish and bearish environments, gaining more ground during risk-on periods and posting lower losses during risk-off ones.　　According to AMBCrypto, this scenario is even more relevant in the current macro setup. Q4 is expected to start with elevated volatility. If the risk appetite decreases, then Bitcoins

09-16Industry

Bitcoin yen carry trade risk: Japan bond demand holds firm

Japans latest 20-year government bond auction signaled a higher price for long-term borrowing, not a collapse in demand.　　The average accepted yield rose to 3.856% on Tuesday, 15.8 basis points above the 3.698% average on Aug. 20. Competitive bid coverage improved slightly to about 4.01 times from 3.98 times, while the gap between the highest accepted and average yields narrowed to 1.3 basis points from 1.5.　　Those measures are consistent with orderly absorption at a higher yield. They do not support describing the auction as a failed sale.　　Comparison of Japans August and September 20-year government bond auctions, showing a higher average yield alongside slightly firmer bid coverage and a narrower yield tail.　　For Bitcoin, the distinction separates an immediate stress event from a slower policy risk. Investors can borrow yen at relatively low short-term rates to finance positions in higher-returning assets. If Bank of Japan policy raises those borrowing costs or a stronger yen makes the loans more expensive to repay, leveraged positions can come under pressure.　　Related Reading　　Bitcoin holds near $78,500 as a surging Japanese yen threatens global risk assets　　A 20-year bond yield is not that short-term funding rate. Tuesdays auction therefore does not show that a carry unwind has begun. It shows

09-16Industry

Elon Musk's X launches Cashtag Program in Partnership with Coinbase, Kraken, Gemini

Social media platform X has rolled out its U.S. Cashtag Program as it moves to become the ‘Everything App.’ The X Cashtag Program is notably in partnership with top crypto exchanges Coinbase, Kraken, and Gemini.　　Ad　　Ad　　X Cashtag Program Launches With Major Crypto Exchanges　　In an X article, the social media platform announced the launch of its Cashtag Partner Program, which will let users trade through participating brokerages. Users can tap a cashtag and be directed to brokerage partners including Coinbase, Gemini, Kraken, Interactive Brokers, and Moomoo.　　The launch of the X Cashtag Program follows the launch of the smart cashtags earlier this year, including for crypto assets. “Cashtags turn ticker symbols for stocks, ETFs and cryptocurrencies into interactive destinations, giving X users real-time access to market conversation and financial information,” the social media platform noted.　　Discover more　　Access Premium News　　Trade Crypto Assets　　Choose POS Systems　　Now, users will have an easier path from discovering a ticker to trading such assets through the brokerage partners. X noted that users can select the “Trade” option on an asset when they tap a supported cashtag, then proceed to trade on a participating brokerage, such as these top crypto exchanges.　　The launch of the X Cashtag Program comes as the social media

09-16Industry

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