Tether sued over $42M in frozen coins, 6,600 students get crypto loans: Asia Express

THAILAND  Thai businessmen sue Tether for freezing $42M  Two Thai businessmen have sued stablecoin issuer Tether in a New York district court, claiming it illegally froze $42.4 million in Tether USDt (USDT) in October, as part of a broader case tied to a pig butchering scheme.  The plaintiffs claimed that Tether illegally froze the $42 million without a warrant in October 2025, following an informal request from US Homeland Security Investigations.  Authorities in the Eastern District of North Carolina only issued a seizure warrant for the funds later in February 2026. The warrant directed the burn and reissuance of the tokens to a government wallet.  The plaintiffs vigorously deny any involvement in the investment scam, and their lawyer Mark Beckett said “this situation demonstrates that the government can seize stablecoins used in legitimate business transactions on the basis of inaccurate information.”  Thailand adopts crypto Travel Rule with self-custodial wallet checks  Thailand is tightening oversight of crypto transfers, including transactions involving self-custodial wallets, as it moves to align with global Anti-Money Laundering (AML) standards.  Thailands Securities and Exchange Commission (SEC) issued new Travel Rule regulations requiring digital asset operators to collect information about parties involved in crypto transfer.  The rules will take effect on Feb. 27, 2027.  Thailand SEC proposes retail

09-06انڈسٹری

Bitcoin Price Analysis: The Good and the Bad for BTC After Latest $82.4K Rejection

Bitcoin remains locked in a post-breakout consolidation phase, but the latest rejection from the upper end of the structure shows that buyers are still struggling to generate sustained momentum above $80K. The broader trend remains constructive, although the current range leaves BTC vulnerable to further liquidity-driven swings before its next directional move.  Bitcoin Price Analysis: The Daily Chart  Bitcoins daily structure remains significantly stronger than it was before the August breakout. The asset is holding well above the former $72K-$74.5K resistance zone and both moving averages, preserving the broader bullish shift despite the recent loss of momentum.  However, BTC has repeatedly encountered selling pressure inside the $80.5K-$82.5K resistance zone. The latest attempt briefly pushed toward $82K before being rejected, sending the price back below $80K. This inability to establish acceptance above the resistance area suggests that supply remains active at higher prices.  At the same time, the asset continues to trade within a gradually ascending channel. Its lower boundary currently sits around the $76K-$77K region, making this the most important nearby structural support. As long as BTC remains above this area, the ongoing price action can still be interpreted as consolidation following the sharp rally rather than a confirmed bearish reversal.  A decisive breakout above

09-06انڈسٹری

Ripple CEO Says Golds Slow Movement Shows Why Crypto Matters

Dutch central bank moved 86 tons of gold from North America to the UK for easier access.Ripple CEO Brad Garlinghouse says slow gold transfers show flaws in traditional finance.Garlinghouse says crypto could offer faster, cheaper cross-border value transfers.  Ripple CEO Brad Garlinghouse has pointed to the Dutch central banks decision to relocate gold reserves from North America to the United Kingdom as a striking example of the limitations of traditional financial infrastructure and a potential use case for crypto.  Dutch Central Bank Moves 86 Tons of Gold  The Dutch central bank, De Nederlandsche Bank (DNB), moved about 86 tons of gold from the US and Canada to the UK between March and August. The move represents more than a quarter of the banks gold reserves that were stored in New York and Ottawa.  DNB said it moved the gold to prepare for possible crises caused by rising geopolitical tensions. The gold is now stored at the Bank of England, where it can be traded and accessed more easily if needed.  DNB Governor Olaf Sleijpen said the move makes the banks gold reserves easier to use. He added that while the bank does not expect to need the gold in an emergency, it wants to be

09-06انڈسٹری

Solana Dominates RWA Flows, Pulling In $348 Million in Net Flows

According to the RWA Foundation X account, Solana led RWA flows, pulling in $348 million in the last 30 days.  “Solana is leading the pack. It topped net flows for RWAs over the past 30 days, pulling in $348 million to the chain,” the RWA Foundation X account wrote.  As seen on the rwa.xyz page, Solana led the 30-day change among major networks on the RWA League table (distributed), referring to RWA tokens using the blockchain as a distribution layer, enabling onchain investors to subscribe, hold, and manage assets directly through their own wallets or custodians. Solana recorded a 30-day increase of 11.13%, while Ethereum and Stellar rose by 0.77% and 5.22%, respectively. XRP Ledger and Avalanche declined by 5.51% and 14.06%, respectively.  You Might Also Like  Binance Coin (BNB), Uniswap (UNI), Gram (GRAM) and ChainLink (LINK) Price Analysis for September 5: Memecoin and Altcoin Season Is Here  Ripple Swell to Feature Indias Former Central Bank Governor  As reported, Solanas RWA value has crossed $4 billion, currently at $4.23 billion. RWA holders increased by 17.63% in the last 30 days to 398,644.  One of the defining industry trends over the past year has been the growth of RWAs, with Solana sustaining its momentum. The Solana blockchain hosts

09-06انڈسٹری

Anthropic IPO Could Target $2T Valuation in October

Anthropic investors reportedly expect the AI company to pursue an initial public offering in October 2026 at a valuation of $2 trillion or more, a level that would make it the largest public-market debut on record. The reported target would surpass SpaceXs reported $1.77 trillion IPO valuation, according to Fortune.  The timetable and valuation are not settled. Forbes reported that the $2 trillion figure reflects investor expectations, while discussions continue and no final valuation has been approved.  Discover more  Currencies it has not committed to an October transaction or to completing an IPO.  The proposed IPO valuation would exceed Anthropics $965 billion May benchmark  The reported $2 trillion target would represent a substantial step up from Anthropics latest disclosed private-financing benchmark. Following a $65 billion Series H funding round in May 2026, the company was valued at $965 billion, according to The Associated Press.  On those figures, a $2 trillion IPO valuation would be more than double the May private valuation. The comparison illustrates the scale of the public-market expectations now attached to Anthropic, although private financing valuations and IPO valuations are set in different processes and the reported offering target remains unfinalised.  The May round offers the market a recent disclosed reference point, not a guarantee

09-06انڈسٹری

CLARITY Act to Pass as India Falls Behind in Crypto Regulation

India has over 66 million crypto owners but still lacks comprehensive crypto regulations.The US Senate is set to hold a key vote on the CLARITY Act on September 15.The US, EU, Japan, and other countries are moving ahead with digital asset frameworks.  The US crypto market is entering a new phase as the much-awaited CLARITY Act is getting closer to its final vote on September 15. Other countries like the UK, Japan, and South Korea have also established clearer rules for their digital asset spaces. But India, despite its large digital asset user base, is yet to introduce clear crypto regulations. With the crypto community waiting for the CLARITY Acts passage, India poses the risk of falling behind in the global crypto race.  CLARITY Act Vote on Sept 15, US Crypto Regulation in Focus  All eyes are now on September 15 as the US Senate has scheduled a key vote on the CLARITY Act. Although House Republicans shortened the congressional calendar, the cloture vote remains on the Senates schedule. In addition, SEC Chair Paul Atkins has also expressed his optimism that the bill is likely to be passed this month, stating,  “The Clarity Act will be voted on in the Senate on the 15th

09-06انڈسٹری

AEON Launches Agentic Checkout For AI Shopping

The AI-economy settlement layer AEON said Thursday it has launched Agentic Checkout, a product that lets artificial intelligence agents autonomously search for, select, and pay for goods across e-commerce platforms including Shopify and Amazon. The Hong Kong-based company announced the launch in a statement distributed through PR Newswire, describing the feature as powered by its AEON AI Card, which gives agents controlled spending ability to turn a users intent into a completed purchase.  How Agentic Checkout Works  Agentic Checkout is natively integrated with the Model Context Protocol (MCP) and the Universal Commerce Protocol (UCP), which lets a user describe what they want in a conversational interface and have an agent search for products and build a shopping cart. Once an item is selected, the user can authorize the purchase with an AEON AI Card that settles over Visa and Mastercard networks, so the agent completes the transaction without exposing the users primary payment credentials or treasury wallet. AEON said the flow moves from product discovery to cart creation and payment in a single pass.  Controlled Spending Through the AI Card  At the center of the product is the AEON AI Card, which the company said supports single-use agent cards and predefined budget limits so

09-06انڈسٹری

Shiba Inu Jumps 121% in Key Metric — So Why Is Sell Pressure Still Rising?

Shiba Inu just produced what looks like a bullish on-chain signal, until the rest of the exchange-flow data is included.  SHIBs seven-day average exchange outflow jumped 121.26% in 24 hours to roughly 579 million tokens, suggesting more holders are moving coins away from trading platforms. Normally, that can reduce immediately available sell-side supply.  But exchange inflows moved much faster.  The data showed SHIBs seven-day average inflow rising 182.3% to about 1.68 billion tokens. Total inflows reached 318.28 billion SHIB against 231.74 billion in outflows, leaving a positive netflow of roughly 86.53 billion SHIB.  That turns the headline metric from an obvious bullish signal into something much more conflicted.  121% Outflow Spike Masks Bigger Inflow Pressure  Exchange outflows can indicate accumulation or movement into self-custody, but they matter most when they exceed the amount flowing back onto exchanges.  That is not happening here.  More SHIB is entering trading venues than leaving them, meaning immediately liquid supply is still increasing. Exchange reserves also rose roughly 0.1% to 87.29 trillion SHIB, reinforcing the point.  The pattern follows similar pressure seen in late August. SHIB previously recorded roughly 145.9 billion tokens in positive exchange netflow, after another session approached 261.7 billion. That exchange pressure arrived as the August rally began losing momentum.  $0.000005 Becomes

09-05انڈسٹری

PUMP Is Compressing Hard: At a Level That Could Go Either Way

PUMP is currently hovering around the $0.0041 mark.Theres a bullish attempt to counter a macro downtrend.  As the first week of September closes, Pump.fun (PUMP) is trading at $0.004195. Buyers have stepped in and defended the $0.0040 zone twice, printing a double bottom and showing that the sellers cant push through that floor with any conviction.  The neckline likely sits at $0.00455. A clean breakout above that level with volume behind it confirms the double bottom and opens the door toward the projected target at around $0.0052, a crucial move from current levels. Until that breakout is confirmed, the bulls are in a waiting game.  In the early hours, the asset traded at a bottom of $0.004096. With a shift in momentum, it tested and broke multiple price ranges and gradually drove the PUMP price to a high level of $0.004405. Besides, the 24-hour volume has potentially reached the $147.17 million zone.  Near-Term Price Levels to Watch for PUMP  With the negative outlook, the recent trading pattern might slip even deeper and test the key support at the $0.004139 range. Further correction on the downside could likely trigger the emergence of the death cross in the PUMP market, and the bears would send the price

09-05انڈسٹری

Blackrock's IBIT Drives $175M ETF Inflows as Bitcoin's Price Falls Below $80K

Key TakeawaysU.S. bitcoin ETFs drew $174.60M, even as BTC slipped back below $80,000 on Friday.Blackrocks IBIT led flows, showing resilient demand despite stronger U.S. jobs data.Markets will watch the Feds September rate outlook as crypto ETF flows stay mixed.  Bitcoin ETF Demand Holds Despite Price Retreat  Wall Street ended the week with two competing signals: resilient demand for bitcoin exposure and a stronger-than-expected U.S. labor market that could complicate the path for interest rates.  Bitcoin ETFs drew $174.60 million on Friday, with Blackrock‘s IBIT taking in $117.38 million and Fidelity’s FBTC adding $57.22 million. Trading value across the group reached $2.95 billion, while net assets closed at $101.25 billion.  The flow was notable because the bitcoin price had already slipped back below $80,000 after breaking above the level a day earlier. ETF demand held up despite the pullback.  Blackrocks IBIT has now attracted $3.575 billion over the past 30 days, reinforcing its position as the dominant institutional gateway to bitcoin.  Discover more  Finance  FINANCE  Track Stocks Bonds  Strong start to September for bitcoin ETFs with almost a billion in inflows this week. Source: SosovalueEther Stays Positive as Hype Returns to Inflows  Ether ETFs recorded $26.46 million in net inflows, though the session featured sharp moves between individual funds.  Blackrock‘s ETHA brought in

09-05انڈسٹری
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