Webull expands crypto trading into Canada through Coinbase collaboration

Webull, a self-directed brokerage and trading platform, is expanding its Canadian offering to include cryptocurrencies, adding Canada to a crypto footprint that already includes the United States, Australia and Brazil.  The company announced Monday that its Canadian crypto offering will run on Coinbase‘s Crypto-as-a-Service infrastructure, with Coinbase providing the underlying trading and custody services. Webull’s Canadian website currently displays 10 cryptocurrencies, including Bitcoin (BTC), Ether (ETH) and Solana (SOL), while indicating that additional assets are also available.  The addition of crypto broadens Webulls Canadian offering beyond stocks, exchange-traded funds and options, bringing digital assets alongside the traditional investments already available to its retail clients.  Webull cited growing crypto adoption in Canada as one reason for the expansion, pointing to Ontario Securities Commission research that it says shows digital asset ownership has risen to 25% this year from 10% in 2023.  Canadian crypto investment is growing as the country‘s regulators move to establish clearer rules for the industry, including a federal framework for stablecoins. Canada doesn’t yet have comprehensive rules for fiat-backed stablecoins, but the Stablecoin Act, introduced following the 2025 federal budget, would set requirements for both domestic and foreign issuers.

09-01Industry

Aon Stock Falls on $17B USI Deal as KKR Scores 6x Return

Aon has agreed to acquire USI Insurance Services for $17 billion in cash, but investors are giving very different verdicts to the buyer and seller.  Aon shares fell roughly 7% on Aug. 31, while KKR gained around 2% after the deal was announced. The market reaction reflects the economics: Aon is taking on new debt and pausing share repurchases to fund another major acquisition, while KKR is cashing out one of its most successful long-term private-equity investments.  Aon will acquire USI from KKR and other shareholders in a transaction expected to close in the fourth quarter of 2026, subject to regulatory approval. USI generates approximately $3 billion in annual revenue, employs more than 10,500 people and operates nearly 200 U.S. offices.  KKR Turns $4.3B USI Deal Into a Major Exit  The transaction is particularly significant for KKR.  The private-equity firm first invested in USI in 2017 in a deal valuing the insurance broker at roughly $4.3 billion, before adding capital in 2020, 2023 and 2025.  During KKRs ownership, USI nearly tripled revenue, completed more than 90 acquisitions and more than doubled its workforce. Adjusted revenue and adjusted EBITDA grew at compound annual rates of about 12% and 13%, respectively.  KKR says the sale represents approximately a 6x

09-01Industry

Bitcoin Holds Steady as US Strikes on Iran Rattle Stocks and Lift Oil

In briefBitcoin held around $78,623 on Monday, down just 0.7% on the day but set to close August up more than 24%—its strongest month since 2017—despite a difficult macro backdrop.Fresh U.S. strikes on Iran over the weekend sent oil higher and pushed stocks lower, with the Ss hawkish Jackson Hole remarks lifted September rate-hike odds to ~58%;with Bitcoins rally stalling and spot ETFs snapping a nine-day inflow streak as Ethereum funds kept drawing cash.  Bitcoin is proving resilient at the start of the week, holding above $78,000 even as fresh U.S. military strikes on Iran drove oil prices higher and pushed equities into the red.  The largest cryptocurrency traded around $78,623 on Monday, down just 0.7% over 24 hours, according to CoinGecko, after dipping to an intraday low near $77,162. Despite the softer session, Bitcoin is on track to close August with a gain of more than 24%, its best month since 2017.  Myriad: Bitcoins next price move? Click to make your prediction.  The steadiness stands out against a rough backdrop for other assets. The weekend brought the first U.S.-Iran exchange of strikes since late July, reviving fears over shipping through the Strait of Hormuz and sending crude sharply higher.  West Texas Intermediate futures climbed

09-01Industry

Markets pivot to September Fed rate hike: Five things to know in Bitcoin this week

Bitcoin (BTC) heads into September still battling key resistance as markets flip hawkish on Federal Reserve policy.  Key points:Markets see a 60% chance of the Fed hiking interest rates in September, with jobs data due this week.Oil has experienced renewed volatility amid fresh US strikes on Iran and an unprecedented US-Venezuela oil-supply deal.Bitcoin remains under a crucial patch of resistance below $86,000 heading into the August monthly candle close.  September rate hike bets return after Jackson Hole  The coming week will bring the release of multiple US employment indexes, each likely to shape expectations for policy changes from the Federal Reserve.  The Fed is already in the spotlight after last weeks Jackson Hole economic symposium, which featured its first keynote speech from new chair Kevin Warsh. Warsh remained characteristically tight-lipped on policy cues, describing forward guidance — a fixture of Fed PR for decades — as having “overstayed its welcome.”  On inflation, Warsh described current data as too high, despite Julys lower-than-expected results for the Consumer Price Index (CPI) and Personal Consumption Expenditures (PCE) index.  “Each of these broad inflation measures have fallen significantly from their highs of a few years ago, but progress through the past couple of years has been more modest, and while

08-31Industry

Strategy buys $370M Bitcoin in first corporate purchase since June

Michael Saylors Strategy acquired 4,603 Bitcoin for $370 million, marking the first acquisition from the largest corporate Bitcoin holder in two months.  Strategy acquired 4,603 Bitcoin (BTC) at an average purchase price of $80,318, pushing its holdings to 845,050 BTC, acquired for a total of $63.3 billion at an average price of $75,413, according to a Monday 8-k filing with the Securities and Exchange Commission.  The Bitcoin purchase was funded by the net proceeds of a 602 million MSTR common stock sale. The company used $30 million of the net proceeds to increase its USD Cash reserve and $151.8 million to repurchase its preferred STRC stock.  Nasdaq-traded MSTR was up less than 1% in Mondays pre-market activity, after dropping more than 7% on Friday.  The move marks Strategys first corporate Bitcoin acquisition since mid-June, when the company last acquired 1,587 BTC for roughly $100 million.  On Sunday, Strategy‘s co-founder and executive chairman, Michael Saylor, signaled that the company will resume accumulating Bitcoin, tweeting “We’re Back” in a widely viewed X post. Saylor has been known for posting cryptic weekend teasers before official announcements of the companys larger treasury moves.  Strategys perpetual preferred stock, STRC, gained 0.44% in pre-market activity on Monday, to change hands at $97.33,

08-31Industry

Bitcoin Price Battles Back From $77K as Bulls Eye $80K Breakout

Bitcoin is fighting to steady itself Monday, Aug. 31, 2026, after a hard rejection from the upper-$79,000 range flushed the leading crypto asset toward $77,000 per coin before buyers finally showed up. With bitcoins price trading between $78,000 and $78,500, the tape has become a fight between a short-term rebound and heavy resistance near $79,300-$80,000, while the broader technical setup remains constructive.  Key TakeawaysBitcoin‘s price held $77,000 support as its Aug. 31 rebound pushed BTC back above $78,000 range. BTC’s price slid a hair following Strategys bitcoin purchase news.ARP Digital‘s Yusuf Fakhro says bitcoin’s 23% run signals a broader market shift.Bitcoins moving averages flash strong bullish signals, but $79,300-$79,400 remains the next resistance test.  Bitcoins 1-Hour Chart Shows Buyers Digging In at $77K  Bitcoin‘s price metrics via the 1-hour chart show exactly where the damage stopped, with bitcoin dropping from a session high near $79,386 to a low of $77,024 before grinding back into the mid-$78,500s. Volume expanded on the way down, giving the sell-off some real weight, but buyers refused to let BTC revisit the session low during the rebound. The price dipped a hair following Strategy’s latest bitcoin purchase announcement as it slipped around 0.2% on the news.  BTC/USD 1-hour chart via

08-31Industry

+79% in 24 Hours: Shiba Inu (SHIB) Secures Bullish Outflows

The exchange-flow structure of Shiba Inu has significantly improved, as evidenced by the sharp increase in SHIB outflows over the last day. The price is once again testing the $0.000005 region, so the change occurs at a crucial time. Over the past 24 hours, SHIB exchange outflows have risen by about 79%, indicating a significant acceleration of tokens leaving centralized exchanges.  Uneven results  The most recent snapshot reveals total outflows of about 447.7 billion SHIB, while exchange inflows are only 134.95 billion SHIB. This discrepancy results in a netflow of roughly 312.75 billion SHIB, which is significantly negative. This arrangement is usually beneficial for SHIB.  SHIB/USDT Chart by TradingView  Withdrawals from exchanges reduce the number of tokens available for spot sales. Exchange-side liquid supply may decline when outflows significantly outpace deposits, but withdrawals by themselves cannot demonstrate holders long-term accumulation intentions.  Bullish pivot is confirmed  Additional metrics support the change. The mean exchange outflows seven-day moving average has increased by 127.82% to roughly 940.84 million SHIB. While the number of withdrawing addresses rose by 1.16%, outflows linked to the top ten transactions also increased by 2.84%. At the same time, exchange reserves dropped by 0.36% to about 86.95 trillion SHIB. They lost 1.53% of their value

08-31Industry

$110 Million in One Week: XRP ETFs Reclaim 2025 High

XRP has slowed notably from its recent price rally, but momentum across its ETF market still remains strong as new capital continues to flood in.  Although the XRP ETFs have remained consistent in drawing new inflows since they launched late last year, participation in the funds reduced substantially as they continued to see extremely low and zero inflows on most trading days before the recent price breakout.  Nonetheless, the latest data from SosoValue shows that the XRP ETF market has witnessed a significant turnaround, with large amounts of fresh capital now pouring in.  XRP ETFs reclaim 2025 highs  The XRP ETF market has seen a substantial shift in its daily inflows after it grew from zero inflow on August 14 to a massive inflow of over $28 million on August 26, barely a period of two weeks.  While this positive shift has come after several months of extreme volatility and traders taking caution, the recent price breakout has triggered a major recovery across the XRP ETF market.  Notably, data shows that the XRP funds have collectively registered a massive inflow of $110.49 million over the last week, marking the highest weekly inflow recorded so far this year.  This suggests that the demand for the XRP investment product

08-31Industry

FBI and Australian police charge two in TeamPCP probe

Australian authorities charged two Western Australian men on Aug. 26 following a joint investigation into the alleged TeamPCP cybercrime syndicate.  The Australian Federal Police filed a combined 14 charges against 21-year-old Ruben Ian Thomson and 23-year-old Louis Michael Gaebler. Both appeared before Perth Magistrates Court on Aug. 27, according to ABC.  The operation involved the AFP, the FBI and the Western Australia Police Force. Authorities executed warrants at properties in Cottesloe, Hamilton Hill and Mandurah.  Police allege the group compromised more than 1,000 organizations, obtained over 500,000 credentials and removed at least 300 gigabytes of data. The defendants have not been convicted, and the charges remain allegations.  A joint @FBI, @AusFedPolice and @WA_Police investigation has led to the arrest of two Western Australian men charged with allegedly hiding malicious code in open-source software, harvesting 500,000+ credentials and compromising 1,000+ organizations worldwide. A powerful example…  — U.S. Embassy Australia (@USEmbAustralia) August 31, 2026  TeamPCP allegedly targeted trusted software components  The joint investigation began in April after several cybersecurity companies supplied intelligence about malicious software distributed through an open-source repository, the AFP said in its official release.  Investigators allege TeamPCP inserted malicious code into legitimate software components used by other developers. Once incorporated into downstream systems, the modified code allegedly

08-31Industry

Hyperliquid, Pump.fun account for nearly 90% of record $638M crypto buybacks: FT

Decentralized exchange Hyperliquid and memecoin launchpad Pump.fun reportedly accounted for nearly 90% of the record $638 million in token buybacks carried out by cryptocurrency projects so far in 2026.  Crypto projects spent a record $638 million to repurchase their own cryptocurrencies year-to-date, up from $545 million during the same period in 2025 and $366,000 in 2024, according to Allium Labs data cited by the Financial Times in a Monday report. Of the $638 million, Hyperliquid accounted for roughly $370 million and Pump.fun for nearly $200 million.  Token buybacks are similar to share buybacks by publicly listed companies, which buy back their own stock to support their share prices and increase returns for existing shareholders.  While token buybacks are still rare in the crypto industry, more companies are taking advantage of the move. On Thursday, the Ethena Foundation opened a vote on a fee-switch proposal under which 95% of the net revenue paid to it from Ethenas core business lines would be used to repurchase Ethena (ENA) tokens. The ENA token rose 10.7% on the day after the proposal.  Crypto project spend on token buybacks, year-to-date leading up to Aug. 25. Source: Allium Labs, Financial Times.  HYPE, PUMP outperform crypto market as buybacks boost token valuations  The

08-31Industry
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