Bitcoin consolidates near $86,000 as rally narrows and Brent slips below $100
Thirtyeight of the 100 CoinDesk 100 constituents were lower on the day, with bitcoin cash up 32% over 24 hours on a CME futures listing. Source:CoinDesk
BitMEX shuts down: perpetuals pioneer officially closes it doors after 11 years
The exchange, cofounded by Arthur Hayes, stopped trading and deposits, but says users can still log in and withdraw funds as its winddown continues.…
AI agents will soon buy their own computing power and data using stablecoins, according to BlackRock
The asset manager sees payments as the nearerterm opportunity, while markets for computing capacity remain at an early stage Source:CoinDesk
Coinbase users can now borrow USDC against bitcoin at a fixed rate
Coinbase now allows users to borrow the USDC stablecoin against their bitcoin at a fixed interest rate and repayment date. Source:CoinDesk
XRP Ledger retries upgrade that lets banks split payment and compliance duties
The upgrade could activate Oct. 5, letting businesses give another account limited powers such as making payments or approving customers without handing over…
Solana starts testing upgrade that could cut finality from 12.8 seconds to 150 milliseconds
Alpenglow would let exchanges, bridges and merchants treat payments as irreversible almost immediately. Source:CoinDesk
Bitcoin's on a streak it hasn't hit since 2012
Bitcoin’s 10% September gain puts it on track for a rare threemonth winning streak last seen in 2012. Source:CoinDesk
U.S. regulator warns about cheating risks in 'mention markets' on prediction platforms
The Commodity Futures Trading Commission issued a new advisory to flag the unique dangers of markets based on individuals' behavior. Source:CoinDesk
Democrats 'chose visceral hatred for' Donald Trump over crypto Clarity Act, Lummis says
Senator Cynthia Lummis said the crypto industry should "pin it on the Democrats" in her first public remarks after last week's failed Clarity Act vote.…
Crypto market structure can't wait for shot at post-election Clarity Act surge: White House
White House and U.S. Treasury officials agree that despite some hope that Congress' "lame duck" session could see the bill again, the work's in regulators'…
Canada's 'Big Six' banks to launch interbank tokenized deposit initiative
Initial testing will focus on moving digital commercial deposits across participating institutions before linking to broader digital asset ecosystems.…
Next for the U.S. SEC: Agency's chief crypto counsel illuminates path for custody
Taylor Lindman, the top lawyer on the agency's Crypto Task Force, says the SEC is trying to get firms comfortable with blockchain technology and crypto assets.…