Circle's USDC takes over Chelsea's jersey in Premier League first sponsorship deal
Financials were not disclosed, though reports from earlier this year suggested Chelsea was targeting 65 million pounds a year ($88.3 million) for the…
Bullish backs USD.AI with $100 million in financing to drive GPU-backed loans
Cryptocurrency platform Bullish is extending a $100 million debt facility to USD.AI to finance GPUbacked loans for artificial intelligence infrastructure.…
Bitcoin hits highest level in 3 months before pulling back as altcoins consolidate
BTC briefly touched $81,455 overnight, its highest since May 15 as Nasdaq futures slipped and gold extended gains heading into the weekend. Source:CoinDesk
Visa doubles down on South Korea with Upbit operator Dunamu on stablecoin payments
Following a deal with Shinhan Financial, the global payments giant is widening its footprint in Asia’s major crypto hub through South Korea's largest exchange.…
Kraken users briefly locked out after a flood of sanctioned crypto transactions
The activity, appearing to spread sanctioned funds to trigger account restrictions, occurred between Aug. 17 and Aug. 24. Source:CoinDesk
Live updates: Bitcoin options worth $6.4 billion just expired as prices hover near $80,000
The $6.4 billion expiry cleared after bitcoin’s run from roughly $62,000 to $80,000, leaving traders to rebuild positions around a very different price range.…
IREN shares fall 8% as costly AI transition weighs on earnings
Weakening profitability overshadowed a major milestone in IREN’s transformation into an AI cloud provider. Source:CoinDesk
Here’s why Warsh’s Jackson Hole speech is a major event for bitcoin and gold
Warsh’s Jackson Hole speech could shape expectations for Fed support of Treasury buybacks, with implications for bitcoin, gold and longterm yields.…
Solana’s faster supply cuts lead vote while $800,000 daily burn plan trails
All three proposals have cleared quorum, but a plan to slow new SOL creation is only narrowly passing while a separate vote to sharply increase token burns…
Bitcoin is trading at a premium on Coinbase after a long time. Here's what it means
The indictor has flipped positive for the first time since May as BTC looks to establish a foothold above $80,000. Source:CoinDesk
Bitcoin under $80,000, solana leads majors higher before Warsh's Jackson Hole debut
Every major but HYPE gained over 24 hours, capping a week that added 9% to bitcoin and 20% to solana. Source:CoinDesk
An XRP treasury company backed by Ripple is a shareholder vote away from Nasdaq
The SEC cleared the paperwork for Evernorth's merger with a shell company, setting up a Sept. 30 vote and a listing under the ticker XRPN. Source:CoinDesk