Latest Crypto News & Market Updates

Solana Founder Links Elon Musk and Altman's AI Slowdown to 'Profitability at $1 Trillion Market Cap'

Solana blockchain co-founder Anatoly Yakovenko reacted sarcastically to a sudden agreement among AI industry leaders to force a halt to the development of advanced neural networks. Earlier, the heads of Anthropic (Dario Amodei), OpenAI (Sam Altman) and xAI (Elon Musk) simultaneously called for the industry to slow down, citing safety risks. However, the Solana co-founder linked this sudden concern for humanity to the giants simple desire to lock in their trillion-dollar valuations.　　Commenting on Amodeis official manifesto, “We Must Pace the Frontier,” on X, Yakovenko limited himself to a concise remark: “Profitability at $1 trillion mcap”. He followed up with a tweet saying he had told his Codex to use tokens more sparingly, openly mocking calls for artificial pauses.　　Profitability at $1t mcap https://t.co/wEpIG4cJ9N　　— toly ???????? (@toly) September 13, 2026　　The Solana founders message seems obvious: OpenAI and Anthropic have simply hit an infrastructure dead end. Costs for chips and electricity are rising exponentially, while the status these companies have achieved obliges them to show investors real profits instead of endlessly burning through their budgets.　　Just hit the brakes yourselves: Former White House AI and crypto Czar accuses OpenAI of lying　　David Sacks, the former White House special adviser on AI and cryptocurrencies (AI and

09-13Industry

Revolut says customer data exposed through fake government email

Financial tech and banking company Revolut released sensitive customer data, including copies of passports, verification selfies and full transaction histories after receiving a fraudulent request that seemed to be from a government agency.　　Requests for customer information sent from a legitimate government agency email domain passed Revoluts authentication checks, according to International Cyber Digest posting on X. Revolut later concluded they were not authentic, and customers whose information was compromised were notified on Friday.　　A company spokesperson told Cointelegraph on Saturday that “Revolut recently identified a sophisticated external impersonation scam where an unauthorised third party utilised a legitimate government agency domain email to submit fraudulent requests for information.”　　The spokesperson added that upon detection, Revolut blocked the address and alerted the relevant government agency. It also notified enforcement agencies and financial regulators.　　Related: Fears of AI-driven DeFi hack epidemic overstated for now — but not for long　　“Revolut systems and customer funds are unaffected. We have contacted the limited number of impacted individuals directly to inform them and provide support,” the spokesperson said.　　Crypto sleuth ZachXBT reportedly said he thought the incident was limited in size and aimed at high-net-worth users.　　The incident caused a stir on X that saw some users criticizing the prevailing system of

09-13Industry

42% Shiba Inu (SHIB) On-Chain Increase Is Not Yet Bullish: Explaining Why

Shiba Inus on-chain activity has significantly improved, with a key metric rising by about 42%. That kind of growth might initially point to a resurgence of SHIB demand. However, the price chart demonstrates why it would be premature to call it a bullish confirmation.　　Will SHIB on-chain activity help？　　The main indicator that more transactions or interactions are taking place is an increase in on-chain activity. Whether those transactions reflect buying, selling, wallet transfers, or other activity is not disclosed. Rising activity requires confirmation from price, volume, and market structure for the signal to become convincingly bullish.　　SHIB/USDT Chart by TradingView　　At the moment, SHIB is trading around $0.00000521. The token has made significant progress since its July low of about $0.0000041, but the recovery has repeatedly stalled before a true long-term trend reversal could develop.　　Key barrier for SHIB　　The most noticeable barrier is located between $0.0000056 and $0.0000057, where the long-term moving average is still descending. During its late-August spike, SHIB momentarily broke above this area, hitting about $0.0000062, but buyers were unable to sustain the breakout. The price swiftly fell back beneath resistance.　　Shorter-term conditions are better. An immediate support area is created by SHIBs current position above a cluster of moving averages around

09-13Industry

Shytoshi Kusama's Silence Rattles SHIB Community Despite 'Polish' X Update

Shiba Inu lead ambassador Shytoshi Kusama quietly changed his X profile earlier in September, replacing his previous bio with a single word: “Polish.”　　Now, days after the X update, which also saw his location changed to “close,” Kusama hasnt said anything, as he has not posted or interacted on X since May 13, leaving the SHIB community to interpret the brief update on its own.　　@ShytoshiKusama, Image by x.com　　Polish, as it simply implies, means improving and refining something until it is near perfection; thus, the “polish” update on X by Kusama might refer to final development work, but connecting it to Shiba Inu or an upcoming announcement would be speculative at this stage.　　Kusama has very often teased what he is working on or what is coming down the pipeline through his X updates, and the Shiba Inu community is very attentive. In February 2026, Kusama shared details of his own independent project, an AI-powered relationship platform that aims to help users recognize trends, friction points, and compatibility risks. The project could be one possible context for his recent profile update, but no connection has been established.　　Shiba Inu sees quiet developments　　Shiba Inu remains relatively quiet, with most developments happening behind the scenes.　　Long-time Shiba

09-13Industry

Base tokenized stock volume reaches $100 million

Base tokenized stocks have recorded a new daily decentralized exchange trading high of $100 million, with Aerodrome controlling more than three-quarters of the categorys monthly volume.　　SummaryBase tokenized stocks reached $100 million in daily DEX volume, setting a new network record.Token Terminal reported $730.9 million in Base tokenized-stock trading volume over the preceding thirty days.Aerodrome generated $557.1 million of volume, representing 76% of the measured monthly market on Base.Uniswap v4 ranked second after processing $139.3 million of Base tokenized-stock trades during period measured.Coinbase launched four products before adding six tokenized stocks referencing public and private companies later.　　Token Terminal reported on Sept. 12 that tokenized-stock DEX volume on Base reached $730.9 million during the preceding 30 days. Aerodrome processed $557.1 million, representing 76% of the total, while Uniswap v4 handled $139.3 million.　　The two exchanges generated $696.4 million collectively, accounting for more than 95% of the recorded volume. Based on the reported figures, the remaining Base venues processed approximately $34.5 million.　　Base founder Jesse Pollak shared the record and noted that the category had grown from zero to $100 million in daily volume. Coinbase introduced its first Base-native stock tokens on Aug. 24, less than three weeks before Token Terminal published the latest data.　　0

09-13Industry

Is XRP Safe？ Price on Edge of Key Support

After its spectacular August comeback, XRP has reached a technically delicate point, and the price is currently right around one of the daily charts strongest support areas. Bulls have little fundamental momentum to work with, as XRP Ledger activity has drastically declined.　　Moving averages converge rapidly　　Right now, XRP is trading at about $1.35, which is almost precisely where its long-term moving average is located, at about $1.355. A concentrated support zone between $1.33 and $1.36 is effectively created by another shorter-term average that is near $1.34. This area needs to be held.　　XRP/USDT Chart by TradingView　　With a brief surge toward $1.70, XRPs August breakout propelled the asset from roughly $1.00 to above $1.50. But since then, the market has consistently failed to return to the $1.45–$1.50 range, instead forming lower local highs. Additionally, momentum is becoming more and more neutral. The daily RSI has dropped to about 51.7, which is lower than its signal average of about 58.2.　　Because XRP is neither oversold nor exhibiting strong bullish momentum, sellers have the opportunity to drive the asset lower in the event that support fails. Network activity adds another concern. Successful transactions decreased by 59.5% to approximately 970,200, while total XRP Ledger transactions fell by

09-13Industry

Thailand SEC proposes $151K stablecoin transfer cap

Thailands Securities and Exchange Commission has proposed limiting inbound and outbound stablecoin transfers involving external wallets to five million baht, or roughly $151,000, per customer, operator and day.　　The regulators consultation, published on Sept. 11, would require stablecoins deposited with or withdrawn from licensed digital asset businesses to move between accounts verified as belonging to the same customer. Public comments remain open through Sept. 25.　　Inbound and outbound transfers would each carry the five-million-baht ceiling. The dollar equivalent uses an indicative exchange rate and can change with the Thai baht.　　The proposed rules are not yet in force. Thailands SEC said it opened the consultation to address money laundering, cybercrime and attempts to bypass controls governing international money transfers.　　14: THAILAND ????????　　STABLECOINS　　Thailand is planning to issue a Baht stablecoin backed by government bonds, with a target launch date in October 2025. Additionally, the Thai Securities and Exchange Commission has approved stablecoins like USDT and USDC for use in digital asset…　　— GP Q (@argosaki) September 12, 2026　　Thailand SEC would block third-party wallet transfers　　Licensed digital asset operators could accept stablecoin deposits only from an account or wallet belonging to their customer. Withdrawals would need to go to another account or wallet verified under the same customers

09-13Industry

Novogratz: 'Clarity Isn't Dead'

Galaxy Digital CEO Mike Novogratz says the Clarity Act still has a path forward despite months of setbacks.　　“Clarity isnt dead!! Lots of negotiating over the weekend,” Novogratz wrote on X. “My instinct is the bill makes it to the floor.”　　The billionaire crypto investor claims that one of the biggest remaining obstacles is the legislations government ethics language.　　“It all depends on if we get the White House to move on ethics to see if we get a law,” he said.　　His comments came amid signs of renewed optimism about the sweeping cryptocurrency market structure bill.　　The bill is scheduled for a key procedural vote in the Senate on Tuesday, Sept. 15.　　Patrick Witt, executive director of the Presidents Digital Assets Advisory Council, also struck an upbeat tone on Saturday. “Bad day to be a Clarity Act doomer,” Witt wrote on X.　　Critical Tuesday vote　　The Senate Banking Committee advanced the legislation in May by a bipartisan 15-9 vote. In July, lawmakers released an updated text combining work from the Senate Banking and Agriculture committees.　　Another revised version of the bill was unveiled on Thursday ahead of Tuesdays vote. The roughly 630-page text contains changes dealing with decentralized finance and other issues.　　However, several major disputes remain unresolved, including

09-13Industry

XAG/USD Price Analysis as Silver Faces Pullback Risk After CPI Surge

Silver traders have a mixed picture as the CPI propelled a sharp rally in silver.　　The Elliott Wave Forecast sees XAG/USD headed lower, and the current price action indicates that buyers are holding up on the move.　　Notably, the analyst forecast shows that XAG/USD will fall first before buyers come in. After reaching the top $60 range, the analyst has been able to identify a corrective structure forming in the 4-hour chart of the silver price.　　Elliott Wave Forecast Maps a Silver Pullback　　The chart from analyst Elliottwave suggests the current price is around $63.41 and anticipates more downward movement towards $58-$60. There are several Elliott Wave labels showing the potential corrective path, and the move itself is a lower structure in preparation for a potential recovery.　　The overall chart setup indicates that traders need to be aware of the $60 zone. If it declines below this level, the next support area around $58 would be in view. Source: Elliott Wave via X　　Yet the chart also indicates a possible bounce-off and bounce-back above the correction, with silver ultimately returning towards the $66 level.　　The Elliott wave forecast is thus a two-stage setup. A downtrend of silver might weaken before buyers start to make another push up.

09-13Industry

Ethereum (ETH) Price Prediction: Coinbase Premium Recovers as $2,550 Breakout Puts $3,000 Back in Focus

Ethereum is trading near $2,470 after climbing around 0.08% over the past 24 hours, according to Brave New Coin data. The latest pullback has kept ETH below the $2,500-$2,550 resistance area, but buyers continue to defend the broader $2,400-$2,430 support region.　　The technical picture now revolves around whether Ethereum can absorb another test of $2,550. A strong weekly close above this level could bring $2,600-$2,700 into focus before the larger $3,000 target becomes relevant. At the same time, a recovering Coinbase Premium suggests U.S.-based demand is improving following the latest dip.　　Ethereum Coinbase Premium Posts Recovery　　Ethereum saw a sharp intraday drop towards the $2,440 region before buyers quickly stepped back in. Price recovered towards $2,490, while the Coinbase Premium simultaneously began improving from deeply negative readings.　　The shift was highlighted by Ted Pillows, who pointed to the sudden recovery in the Coinbase Ethereum Premium as evidence of stronger U.S. buying during the dip.The premium recovered from roughly -0.05% to -0.026%.ETH rebounded from around $2,440 towards $2,490 during the same period.　　Although the premium remains slightly negative, the rebound shows that the gap between Coinbase and offshore pricing is narrowing. This development would become more meaningful if the premium continues improving while ETH holds above

09-13Industry

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