Latest Crypto News & Market Updates

Treasury’s $6 billion bond intervention creates a stealth test for Bitcoins next move

The US Treasury has set a $6 billion ceiling for a Sept. 10 buyback of older long-dated bonds, giving dealers more room to offload inventory. For Bitcoin, the question is whether that relief can extend beyond bond trading into broader financing conditions.　　Related Asset Bitcoin #1 BTC · $78,329.53 24-hour change: down 1.03% 24H Down 1.03% 7D Up 1.48% 30D Up 22.57%　　The tentative schedule published Sept. 9 targets nominal Treasury securities with 10 to 20 years remaining. The ceiling is triple the previous $2 billion limit and exceeds the minimum expansion Treasury announced Aug. 19, when it promised at least $4 billion in operations.　　The operation is scheduled for 1:40 p.m. to 2 p.m. Eastern, with settlement on Sept. 11. Eligible maturities span Sept. 11, 2036, through Sept. 10, 2046. The final securities list is due at 11 a.m. Eastern on operation day.　　Infographic outlines Treasurys scheduled $6 billion buyback of 10- to 20-year bonds and notes any Bitcoin spillover remains unproven.　　Treasurys buyback rules describe liquidity support as a predictable outlet for selling off-the-run securities, meaning older issues. This differs from cash-management buybacks, which smooth government cash balances and bill issuance.　　A May 2025 IMF working paper by Jing Zhou found modest improvements in

09-10Industry

Japans 3% bond yield challenges U.S. Treasuries

BlackRock warned on Sept. 8 that rising Japanese government bond yields could weaken demand for U.S. Treasuries by giving Japanese investors more attractive returns at home.　　SummaryJapans 10-year government bond yield briefly exceeded 3%, its highest level since 1996, BlackRock reported.Yen-hedged 10-year Treasuries yield about 2% for Japanese investors, versus roughly 3% on domestic bonds.Japan holds roughly $1.1 trillion in U.S. Treasuries, making potential capital repatriation globally relevant today.BlackRock estimates a hypothetical 5% portfolio shift would redirect approximately $55 billion toward Japanese assets.Markets fully price a Bank of Japan rate increase this month, according to BlackRocks commentary.　　Japans 10-year government bond yield briefly exceeded 3% for the first time since 1996, while its 30-year yield reached a record 4.18%.　　The shift matters because Japan holds roughly $1.1 trillion of U.S. Treasury securities. Decades of low and negative domestic interest rates encouraged Japanese banks, insurers and pension funds to invest abroad. Higher Japanese yields are beginning to alter that calculation.　　Japan is becoming a key focus in global bond markets.　　Surging yields on Japanese government bonds could attract some local investors and weigh on U.S. Treasury demand as competition for capital intensifies. 　　Explore why Japan matters for U.S. bond investors in our latest… pic.twitter.com/3wpal4oJvp　　— BlackRock (@BlackRock)

09-10Industry

Consensys and MetaMask to Separate Into Two Independent Companies by End of 2026

“Financial institutions and market infrastructure are moving to always-on operations with tokenization at the core,” said David Cunningham, President of Consensys.　　Consensys has announced it will separate into two independent companies, MetaMask for consumer self-custodial finance and Consensys for Ethereum (ETH) protocols and institutional infrastructure, with the split expected to close by the end of 2026.　　The reorganization ends a single-company structure that has held for over a decade. MetaMask takes the self-custodial wallet, which the company says has passed 100 million downloads across roughly 190 countries and facilitated trillions of dollars in cumulative transaction volume.　　MetaMask Turns to Consumer Finance　　The new Consensys keeps the Protocols Group, including the Linea Layer-2 network, the Besu execution client, and Teku, along with its tokenization and stablecoin work for banks and asset managers.　　Joe Lubin, who co-founded Consensys, will step in full-time as Chairman and Chief Executive Officer of MetaMask while serving as Executive Chairman of Consensys. Mike Kriak will run Consensys as Chief Executive Officer, with David Cunningham as President.　　“MetaMask grew out of that work into the world‘s most widely used self-custodial wallet, and today it’s becoming something larger: a platform where people don‘t just hold their assets, but manage their money in its many diverse

09-10Industry

US sanctions Xinbi scam marketplace, restrains $52M in crypto

United States authorities restrained more than $52 million in crypto linked to Xinbi Guarantee and its vendor network as part of a coordinated operation against the scam marketplace.　　On Wednesday, the US Justice Department said its Scam Center Strike Force seized two wallets used by Xinbi to collect vendor payments containing about $12 million. Law enforcement also sought restraints against 47 additional wallets believed to be connected to money laundering across Xinbis network.　　The DOJ said the US District Court for the District of Columbia authorized the seizure of Telegram channels hosting the marketplace on Sept. 7. According to the unsealed warrant, vendors used the channels to advertise money laundering, custom scam-investment websites and recruitment services for scam compounds in Southeast Asia.　　The operation targets the financial and communications infrastructure supporting industrial-scale scam centers, expanding enforcement beyond individual operators to the marketplaces and service providers that allow the networks to function. The DOJ credited stablecoin issuer Tether with assisting in the investigation.　　Treasury sanctions Xinbi and technology providers　　In a coordinated action on Wednesday, the US Treasury Department said its Office of Foreign Assets Control (OFAC) designated Xinbi as a significant transnational criminal organization. OFAC also sanctioned Singapore-based SafeW Technology and Cambodia-based Anwen Technology for

09-10Industry

Fidelity brings FIDD stablecoin to on-chain finance

Fidelity Digital Assets renewed its institutional push for the Fidelity Digital Dollar on Sept. 9, positioning the Ethereum-based stablecoin for payments, settlement and tokenized markets.　　Fidelitys public dashboard showed approximately 50.09 million FIDD outstanding, giving the token a market capitalization of about $50.09 million at its $1 redemption value.　　The statement expands on FIDDs intended uses rather than announcing a new token. Fidelity unveiled the stablecoin in January 2026 and began publishing reserve reports in February. Its latest communication presents FIDD as a bridge between conventional financial accounts and blockchain-based markets.　　The future of finance is on-chain. Fidelity Digital Dollar (FIDD) is a dollar-backed stablecoin designed with institutional-standards and built to meet institutions evolving needs in an increasingly digital financial landscape.　　Learn more: https://t.co/CVofVX84qv pic.twitter.com/NH8lcaZrd5　　— Fidelity Digital Assets (@DigitalAssets) September 9, 2026　　Fidelity Digital Dollar combines issuance and reserves　　Fidelity Digital Assets, National Association, issues FIDD and allows eligible customers to purchase or redeem each unit for $1. The national trust bank manages token issuance, custody and trading. Fidelity Management & Research Company manages the assets backing the circulating supply.　　According to Fidelitys published terms, the reserves may include Treasury securities with no more than three months remaining to maturity, overnight reverse repurchase agreements, government money market

09-10Industry

XRPL Fixes Permission Delegation After Critical Bug Found

XRPL also tightened delegation rules to prevent newer Vault and Lending features from being delegated by accident.　　XRPL has pulled its Permission Delegation amendment after a bug bounty report found a high-risk flaw during testing, with a hardened V1.1 now completing security review and QA checks.　　The episode shows why delegation at the protocol level needs safeguards that extend beyond the basic feature itself.　　XRPL Reworks Permission Delegation After Bug Report　　Permission Delegation, known as XLS-75, allows one account to give another account specific powers to act on its behalf. The permissions are meant to be narrow, rather than giving the delegate control over the entire account.　　RippleX head of engineering J. Ayo Akinyele explained that the original V1.0 implementation was pulled after a vulnerability was reported through the bug bounty program before it reached the XRPL mainnet. Instead of patching that version in place, the team introduced V1.1 to separate the original implementation from the hardened release.　　A researcher called Shotes found a high-severity issue involving irrevocable delegate permissions, where a delegate could delete their account and later recreate it while keeping whatever permissions it had been handed by another account, with no way for the original account to revoke them.　　The changes go beyond a

09-10Industry

Bitcoin sell pressure reaches one-month low as long-term holders slow down profit taking

Bitcoins on-chain sell-side risk has fallen to less than half its August peak, easing one measure of potential selling pressure even as a large block of older coins remains held at acquisition prices above the market.　　Related Asset Bitcoin #1 BTC · $78,338.29 24-hour change: down 0.38% 24H Down 0.38% 7D Up 0.91% 30D Up 22.26%　　Analytics firm Glassnode‘s Sept. 9 report, using on-chain observations through Sept. 7, puts its Sell-Side Risk Ratio at 7 basis points per day on a seven-day basis, down from 16 basis points at August’s peak.　　Long-term holders also accounted for 47% of realized profit, compared with 88% at the August peak. Older holders are contributing less of the markets realized profit, although that percentage does not measure their share of all Bitcoin sales.　　The Sell-Side Risk Ratio adds on-chain profits and losses and divides the total by realized capitalization. It measures value realization relative to that capital base, indicating potential selling pressure.　　Related Company Glassnode On-chain analytics platform　　A ratio below half its earlier level does not mean the volume of Bitcoin sold on exchanges has halved.　　Infographic shows Bitcoin‘s sell-side risk ratio falling from 16 to 7 as long-term holders’ share of realized profit dropped from 88% to 47%.　　Glassnode separately

09-10Industry

Crypto perps price Anthropic at $2.1 trillion, double its last private round

Crypto traders have valued Anthropic at about $2.12 trillion using leveraged derivatives that don‘t actually carry a stake in the company.That’s more than twice the $965 billion valuation the maker of Claude last raised money at in May.　　The wager comes weeks before Anthropic is anticipated to file the prospectus that will finally put a real number on the company.　　Binance assumes 1 billion shares to reach its $2,120 quote　　Binances ANTHROPIC/USDT contract hit $2,120 on September 9. Binance takes that price and converts it into a company value by assuming one billion shares outstanding, which is how the quote reads as a $2.12 trillion valuation.　　Similar contracts traded in the same range on Bitget, Kraken, BingX, Aster, and Coinbase International.　　Binance on June 2 listed the perpetual, settled in tether, with leverage of as much as 20 times. Its price is driven by exchange trading activity, not any public share count.　　The exchange said its one billion share number was solely for informational purposes and implied valuation was not attributable to or endorsed by Binance. By contrast, OKX picks up 10 billion shares, resulting in a much smaller per-unit quote but at about the same company value.　　A screenshot of the ANTHROPIC/USDT perpetual contract on Binance

09-10Industry

WikiBit Exchange Exit Risk List #22: MGBX — An Investigation into “Compliance Packaging” and “Users Losing Contact”

Introduction: An Exchange That Seems to “Not Exist”　　In the first 21 editions of this series, we investigated a range of crypto exchanges, from HashKey to WEEX. For Edition #22, we have something particularly “surreal”: MGBX.　　On paper, its résumé looks pretty impressive:　　“Founded in 2019,” “operating for seven years,” “more than 500,000 registered users,” “average monthly trading volume consistently above $20 billion over the past six months,” “Canada MSB + U.S. FinCEN MSB + Polish VASP registration,” “hot and cold wallet separation + multi-signature security,” and “Echo Points + AI-powered copy trading.”　　Sounds like an “up-and-coming compliant exchange,” right？　　But there is another side to the story.　　MGBX cannot be found on CoinGeckos exchange rankings. In November 2025, approximately 96,000 user login and withdrawal passwords were reportedly exposed, an incident described by security organizations as an “exchange extinction-level event.” Its team page lists the CEO as “Jane Doe” — one of the most famous anonymous placeholders in the English-speaking world, essentially the equivalent of “John Doe” or “Zhang San” in Chinese.　　Meanwhile, users have complained that after depositing $28,000, they were asked to pay a $5,000 “unlock fee” before they could withdraw their funds.　　An exchange whose CEO is literally listed as “Jane Doe” — would you

09-10Deep Dive

Silver Price Forecast: XAG/USD trades firmly near $67.60 ahead of US PPI, CPI data

Silver price (XAG/USD) trades higher at around $67.60 during the Asian trading session on Thursday. The white metal reflects strength as the US Dollar is under pressure ahead of the United States (US) Producer Price Index (PPI) data for August, which will be published at 12:30 GMT.　　As of writing, the US Dollar Index (DXY), which gauges the Greenbacks value against six major currencies, trades marginally lower to near 98.75. The USD Index is close to its two-week low of 98.60 posted on Wednesday.　　A lower US Dollar makes the Silver price a favorable risk-reward bet for investors.　　Investors will closely track the US producer inflation data to get fresh cues regarding the Federal Reserves (Fed) monetary policy outlook.　　The US PPI report is expected to show that headline inflation at the factory level accelerated to 5.3% Year-on-Year (YoY) from 4.7% in July. The core PPI – which excludes volatile food and energy items – is also expected to arrive higher at 4.6% YoY against the previous reading of 4.2%.　　Signs of price pressures accelerating at the producer level would prompt expectations of Federal Reserve (Fed) interest rate hikes in the near term, a scenario that diminishes the appeal of non-yielding assets, such as Silver.　　This

09-10Industry

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