Circle to acquire Tazapay to expand USDC cross-border payments
Tazapay processes $25 billion in annualized volume and offers payout rails across 100plus markets, extending Circle’s USDC payments reach. Source:Cointelegraph
Bitcoin slips to $78,800 as BNB and DeFi tokens buck the selloff
Bitcoin fell 0.42% since midnight UTC to $78,874, but the CoinDesk 20 rose 0.2% and the memecoin index gained 0.41% as BNB Chain tokens rallied. Source:CoinDesk
New Bitcoin whales spark sell-side risk as unrealized gains hit $9B
Unrealized gains by whale speculators hit their highest levels on record last week, per data going back to 2016. Source:Cointelegraph
U.S. stocks usually stumble after Fed hikes, but these markets tend to climb, says Citi
The relative returns for Japanese and U.K. equities reach between 2% and 3% on average following the first interestrate raise in a hiking cycle by the Federal…
Crypto traders turn on Hunter Biden’s LAPTOP memecoin before it even launches
Kraken deleted a promotional post after backlash, while a media group named in the token's distribution publicly distanced itself from the project.…
Bitcoin’s golden cross is here
A golden cross has triggered on bitcoin's daily price chart, indicating a potential longterm bullish trend ahead. Source:CoinDesk
Liquid Network gets back 3,400 bitcoin from whitehat hackers; talks underway for the rest
Supposed whitehat hackers behind Sunday’s Liquid Network breach have returned 3,400 of the 4,000 BTC they took, but nearly $47 million in bitcoin is still…
Bitcoin slips under $79,000, Zcash leads losses as Fed hike odds hold near 60%
Every major token fell on Tuesday, though most keep weekly gains, with traders pricing a 60% chance of a Fed hike next week. Source:CoinDesk
Metaplanet CEO breaks silence but shareholders say the hard questions remain unanswered
Simon Gerovich said Metaplanet had not adequately explained the structure, and denied involvement in MMXX Ventures’ trading decisions. Source:CoinDesk
UK financial watchdog weighs lifting prediction markets ban: Report
Companies offering binary options for retail investors have been barred from selling, marketing and distributing products in the UK since 2019 following a…
Bitcoin fund flows show investors trading Fed rate path, not exiting market: CoinShares
Bitcoin’s struggle to break $80,000 comes as markets price in a growing chance of a September rate hike, putting monetary conditions back in focus.…
Bitcoin chips away at weekend upside as $80K hangs in the balance
Bitcoin price fell 2% in lowliquidity conditions as the US Labor Day holiday saw $80,000 once again slip from bulls’ grasp. Source:Cointelegraph