Bitcoin sentiment tops 89 for first time since March 2024

Bitcoin market sentiment has risen above 89 on an index tracked by CryptoQuant analyst Darkfost, reaching its highest level since March 2024 before easing back.  SummaryDarkfost‘s sentiment measure briefly entered the “extreme greed” range during Bitcoin’s recent rise.The analyst said the reading has since cooled while Bitcoin tries to hold its price.CoinGecko showed Bitcoin near $77,300 after a 24-hour range spanning roughly $76,400 to $79,600.U.S. spot Bitcoin ETFs recorded $462.7 million in net outflows during the Sep. 8–11 trading week.  CryptoQuant analyst Darkfost said the last comparable burst of bullish sentiment came in March 2024. His measure briefly climbed above 89 out of 100 as Bitcoin rose, putting it in the range he describes as “extreme greed.”  The reading has since moved down from its peak, according to Darkfost, even as Bitcoin attempts to hold its current price. He cautioned that unusually optimistic or pessimistic readings deserve attention because they can appear around market turning points. His observation identifies a risk to watch; it does not establish that Bitcoin has begun a reversal.  Bitcoin sentiment has cooled from its peak  Darkfosts comparison with March 2024 concerns the sentiment measure cited in his post. The measure incorporates Fear Alternative.me’s figure provides a separate, current snapshot of

09-12انڈسٹری

SKY7 and Fintech Amigo Combine Expertise to Launch IBAN Cloud

The two companies bring together legal, regulatory, and fintech expertise to simplify the way businesses build banking and payment infrastructure.  SKY7 and Fintech Amigo are strengthening their strategic collaboration through IBAN Cloud, a joint project designed to help businesses and individuals find banking and payment solutions that match their actual needs and business models.  Sponsored  Sponsored  Although both companies operate within the fintech industry and often work with similar types of clients, their areas of expertise are distinct and highly complementary.  SKY7 specializes in the legal, regulatory, and corporate aspects of financial businesses. The company assists clients with obtaining financial and crypto licenses, establishing companies across different jurisdictions, developing AML and compliance frameworks, opening banking and payment accounts, and supporting transactions involving the acquisition of existing licensed financial institutions.  Fintech Amigofocuses on the technology and infrastructure behind fintech businesses. The company designs technical architectures for financial products, helps select and implement core banking systems, and integrates external providers ranging from Banking-as-a-Service, Cards-as-a-Service, and KYC/KYB solutions to liquidity providers, custody infrastructure, Wallet-as-a-Service, and blockchain analytics.  The collaboration is built around a simple principle: launching and scaling a financial product cannot be efficiently divided into isolated legal, banking, and technology tasks. For an entrepreneur, it is one project in

09-12انڈسٹری

Wall Street is building tokenized deposits to lock in customer balances

Imagine your company has enough money to pay a supplier, but the money is in its Singapore account and the bill must be paid from New York. If the transfer between those accounts has to wait until Monday, having enough cash overall doesnt solve the immediate problem.  Businesses work around this by moving money early or keeping extra cash in accounts where they might need it. Both tie up money that could be used elsewhere, and sometimes a company even borrows in one country while its own cash is available in another.  Banks want to make those transfers easier. On Sept. 5, DBS and Citis New York office completed a dollar payment between Singapore and the US in minutes, according to DBSs announcement. To achieve that, they used tokenized deposits, a way of recording bank deposits as digital tokens, through SWIFTs digital ledger.  The announcement describes the payment route, and the banks still havent disclosed the amount or established that every customer can use it. But it gives them a concrete example of the service they want to sell: moving company money across borders when customers need it, including on weekends.  Banks are doing this because its potentially a very lucrative deal. Companies that

09-12انڈسٹری

UK crypto firms get five-month window to seek FCA approval

UK crypto firms have been given a five-month application window, from Sep. 30 to Feb. 28, to seek Financial Conduct Authority approval before a new regulatory regime is expected to take effect in October 2027.  The Financial Times published a letter from Zumo founder and CEO Nick Jones, who said the application window gives firms a route into a UK market that some financial institutions had previously considered “too difficult.” In his view, uncertainty over regulation and the risks posed by business partners had held institutions back, even where they understood digital assets and wanted to offer related products.  The FCAs published timetable puts an exact date on the next step: applications open on Sep. 30, 2026, close on Feb. 28, 2027, and the new regime is expected to begin on Oct. 25, 2027. The regulator opened a pre-application support service in July to help firms prepare before they file.  UK crypto firms must apply for new permissions  Under the incoming rules, a firm carrying out regulated crypto activities will need FCA authorisation or a change to its existing permissions. The FCA says its current crypto oversight has focused mainly on anti-money-laundering registration and financial promotions; the 2027 framework will bring more activities into

09-12انڈسٹری

Bitwise is closing the lowest-fee Dogecoin ETF after rivals captured nearly all the capital

Bitwise is closing its Dogecoin ETF after investors largely bypassed the fund in favor of competing products.  Related Asset Dogecoin #11 DOGE · $0.08 24-hour change: up 0.85% 24H Up 0.85% 7D Down 1.13% 30D Up 20.39%  On Sept. 10, the asset manager said the Bitwise Dogecoin ETF, or BWOW, will stop trading on NYSE Arca on Oct. 14 and be liquidated the following week, less than 11 months after launch.  Bitwise said the liquidation is part of an effort to optimize its product lineup as investor needs evolve. Share creation will stop before trading opens Oct. 15, with remaining investors expected to receive cash based on the funds Oct. 21 net asset value around Oct. 22.  The closure comes as the broader US Dogecoin ETF market continues to attract modest capital. SoSoValue data show the category has recorded about $12 million of cumulative net inflows and manages roughly $11.83 million in assets.  Related Company Bitwise The first cryptocurrency index fund  BWOW accounts for only about $700,000 of those assets and has recorded roughly $1.23 million of cumulative net outflows.  Dogecoin is the original memecoin and a proof-of-work payment network launched in 2013. CryptoSlate data ranks DOGE as the 11th-largest cryptocurrency by market capitalization, with a market

09-12انڈسٹری

Coinbase Releases 'Pulse Mode' Feature Alongside Wallet Upgrade, CEO Reveals

Just a few hours after Coinbase announced a major update to its Base App, rebranding the app to become “Coinbase Wallet,” the company has rolled out a new feature alongside the upgrade.  While the move aims to attract more users to the Coinbase ecosystem, it has also expanded its services, fortifying its position as one of the top leading cryptocurrency exchanges across the globe.  “Pulse Mode” feature activates  In a recent post shared on X, Coinbases CEO, Brian Armstrong, showcased the new feature dubbed “Pulse Mode” while encouraging users to download the app to explore the new trading experience.  According to him, Coinbase activated the new “Pulse Mode” feature on Coinbase Wallet to offer users a simpler and more engaging way to trade perpetual futures (perps) directly through the mobile app.  Details shared by other team members describe Pulse Mode as a design that was built to streamline perp trading for mobile users by simplifying the interface and making the process more accessible to traders who want to execute positions immediately.  In addition to this, the Pulse Mode feature also introduces a more dynamic and visually engaging interface for the purpose of attracting the interest of active traders.  How to access Coinbases Pulse Mode  While the new feature

09-12انڈسٹری

BIS warns AI could cut banks patching window to minutes

Advanced AI has cut the time banks may have to repair software flaws from weeks to minutes, according to a new Bank for International Settlements paper that calls for faster security decisions and patching.  The Bank for International Settlements paper, published on Sep. 9 by its Financial Stability Institute, says banks need to shorten the time between finding a weakness, approving a fix, and installing it. Its authors identify AI systems that can find vulnerabilities and turn them into working attacks as the main change facing financial firms.  “The window between vulnerability discovery and exploitation has narrowed from weeks to minutes,” the authors wrote. The paper does not say every flaw can be exploited that quickly. It argues that regular security reviews and fixed maintenance schedules may leave firms exposed when an attack can be prepared before the next planned repair.  BIS says faster attacks require faster bank decisions  According to the paper, the U.K. Financial Conduct Authority has found that firms are struggling to respond as quickly as vulnerabilities are being discovered. The Institute of International Finance has urged firms to install urgent fixes outside normal maintenance periods, even when doing so requires planned downtime.  Separate voluntary guidance from the U.K.s Cross Market Operational

09-12انڈسٹری

Revolut exposed Bitcoin records after fake agency request

Revolut has disclosed customer identities and financial records, including Bitcoin transaction histories, after acting on a fraudulent request that appeared to come from a government agency.  SummaryRevolut said an unauthorized sender used an official government agencys email domain.The disclosed records included identity documents, verification selfies, and full transaction histories.Bitcoin wallet reference numbers appeared in account statements listed in the customer notice.ZachXBT said the incident appeared limited and may have targeted high-net-worth users.  According to a Revolut customer notice shared on Telegram by on-chain investigator ZachXBT, the request came from an unauthorized email account that used an official government agencys domain. The message passed domain authentication checks, and Revolut said it believed the request was genuine when it provided the information.  Source: Telegram/zachxbt  The notice does not name the agency or say how the unauthorized sender obtained access to its email domain. It also gives no date for the request or the disclosure. ZachXBT said multiple customers received an alert email on Friday, Sep. 11, but neither he nor the portion of the notice shown in his post gave a confirmed count of affected users.  You might also like:  Revolut plans US bank and stablecoin after conditional OCC approval  How the fake request reached Revolut  In its account of

09-12انڈسٹری

NFT sales rise 6.8% to $46.8M as Bitcoin trades surge

NFT sales reached approximately $46.78 million over the seven days ending Sep. 12, up 6.8% from the previous seven-day period, according to CryptoSlam data. Ethereum led blockchain sales, while a small number of high-value Bitcoin transactions accounted for much of the weeks activity.  SummaryNFT sales rose 6.8% to $46.78 million across the seven-day reporting window.Buyer addresses fell 84.67% to 41,959, even as transactions rose 48.75% to 917,549.Ethereum led blockchains with $16.83 million in sales, down 6.36%.Bitcoin sales climbed 50.12% to $9.44 million, helped by several large BRC-20 NFT trades.Polygon-based Courtyard topped collections with $6.67 million in sales across 104,404 transactions.  According to data from CryptoSlam, the increase in dollar sales came alongside a steep drop in the addresses recorded as buyers and sellers. Buyer addresses fell 84.67% to 41,959, while seller addresses declined 85.13% to 43,247. The dashboard recorded 917,549 transactions, up 48.75%.  Those counts describe addresses, not confirmed individual buyers or sellers. They also show why the higher sales total needs context: more transactions took place despite far fewer addresses appearing in the buyer and seller figures.  Ethereum leads NFT sales with $16.83 million  Ethereum remained the largest blockchain for NFT sales at $16.83 million, although its total fell 6.36% from the prior period.

09-12انڈسٹری

Crypto VC funding: Payward‘s $100M deal leads Latitude’s $35M round

Crypto companies announced $151 million in disclosed financing across five deals from Sep. 5–11, 2026. The largest was Nasdaq Ventures‘ agreement to invest $100 million in Kraken parent Payward; Latitude’s $35 million Series A ranked second.  SummaryFive disclosed deals totaled $151 million, including Nasdaq Ventures $100 million agreement to invest in Payward.Latitude raised $35 million in a Series A for stablecoin-based cross-border payments.Antarctic Exchange announced a $7 million financing tied to its derivatives trading platform.RealGo reported $6 million in strategic funding, while geospatial data project TINA announced $3 million.TRM Labs disclosed a new investment at a $2 billion valuation but did not reveal its size.  The total includes Nasdaqs announced investment agreement, which the companies did not describe as a completed payment. It excludes funding rounds with undisclosed amounts, company valuations, and acquisitions.  The deal inventory draws on CryptoRank‘s funding database and Crypto Fundraising’s deal records, with transaction details checked against company, investor and other reporting sources. The disclosed total counts each of the five dated financings once.  Payward secures Nasdaqs $100 million investment agreement  Nasdaq said on Sep. 10 that its venture arm had agreed to invest $100 million in Payward, the parent company of Kraken. The announcement described an agreement to invest, so

09-12انڈسٹری
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