Bitcoin Rally Loses Momentum as Golden Cross Nears
Bitcoin’s rally has cooled amid an inflation-driven selloff, but its chart is nearing a golden cross—the first potential shift of this kind since November, according to Decrypt.
Decrypt
Crypto News
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MoneyGram rolls out Visa stablecoin card as blockchain payments expand
MoneyGram is rolling out a Visa stablecoin debit card as it expands blockchain-based payments. The move follows rival Western Union and signals intensifying competition between remittance companies exploring stablecoin-enabled services.
Cointelegraph
MoneyGram Rolls Out Visa Card Linked to Stablecoin Dollar Balances
MoneyGram is rolling out a Visa card that lets customers hold dollars and spend from a stablecoin-backed balance. CoinDesk reported the product, though no details were provided on supported stablecoins, markets, or timing.
CoinDesk
US crackdown targets $24 billion crypto black market as money launderers retreat
The DOJ seized Telegram channels and two wallets, while OFAC sanctioned Xinbi and the developers behind SafeW and XinbiPay in a US action targeting a reported $24 billion crypto black market.
CryptoSlate
Bybit Plans European Super-App for Crypto, Stocks and Derivatives
Bybit is preparing a European super-app that will include stocks and derivatives, CoinDesk reported. CEO Ben Zhou said the exchange holds an Austrian electronic money institution license and is nearing a MiFID license.
CoinDesk
Hunter Biden Denies Profiting as LAPTOP Token Drops
Hunter Biden denied profiting from the LAPTOP memecoin after its decline. Nansen reported a $117,800 unrealized loss in one wallet, while the team announced liquidity incentives and Bubblemaps flagged new top holders.
Cointelegraph
Bitcoin ETFs see second consecutive outflow as Ether, XRP and Solana funds attract inflows
Bitcoin ETFs posted a second straight day of outflows on Wednesday, losing $120 million—more than double Tuesday’s loss. Ether, XRP and Solana funds moved in the opposite direction, recording inflows.
CoinDesk
SGX Opens Bitcoin and Ether Perpetual Futures to U.S. Institutions
SGX has opened its bitcoin and ether perpetual futures to U.S. institutions, according to CoinDesk, linking American trading desks with crypto derivatives liquidity in Singapore and broader Asian market hours.
CoinDesk
Treasury’s $6 Billion Bond Operation Sets a Key Test for Bitcoin
The Treasury’s September 10 bond operation raises its limit to $6 billion, triple the prior level. For Bitcoin, accepted purchases and funding conditions may matter more than the intervention’s headline capacity.
CryptoSlate
US sanctions Xinbi marketplace and restrains $52 million in crypto
The US sanctioned Xinbi and restrained $52 million in cryptocurrency, while the Justice Department seized its Telegram channels and two wallets. Investigators are pursuing 47 additional wallets tied to the alleged laundering network.
Cointelegraph
Bitcoin Selling Pressure Falls to One-Month Low as Long-Term Holders Take Fewer Profits
Glassnode’s seven-day measure of Bitcoin selling pressure fell to 7 basis points from August’s 16-point peak, reaching a one-month low as long-term holders slowed profit-taking. Overhead holdings changed only slightly, according to CryptoSlate.
CryptoSlate
Hunter Biden’s LAPTOP Token Leaves Nearly 80% of Traders Underwater
Hunter Biden’s LAPTOP memecoin left nearly 80% of traders in the red within hours, according to Bubblemaps data cited by CryptoSlate. Of 15,206 traders, 12,151 lost money and 3,026 were profitable.
CryptoSlate
Terence Tao Warns AI Is Solving Mathematics’ Hardest Problems Faster Than New Ones Emerge
Fields medalist Terence Tao says AI is advancing through difficult mathematical problems at a pace that may outstrip the creation of new challenges, citing competition between OpenAI and Anthropic.
Decrypt
Tokenized Stocks Can Resemble Shares Without Giving Investors Ownership
Tokenized stocks can track a company and trade at a similar price to its shares, but they may not grant ownership or shareholder rights. The distinction is important for investors comparing digital tokens with conventional equities.
CryptoSlate
Apple Debuts Gemini-Powered Siri, A20 Pro Chip and $1,999 Foldable iPhone
Apple unveiled a Gemini-powered Siri redesign, its first 2-nanometer A20 Pro chip and a $1,999 foldable iPhone. The foldable model is expected to ship in October, during CEO John Ternus’ debut keynote.
Decrypt
Tether Crackdown Pushes Xinbi-Linked Holdings Above $45 Million Toward USDD
Bitrace estimates Xinbi-linked holdings targeted in Tether’s crackdown at more than $45 million. CryptoSlate reports that the sanctioned marketplace has announced plans to use USDD exclusively, shifting toward a decentralized stablecoin.
CryptoSlate