U.S. Treasury Yields Rise Despite $6 Billion Bond Buyback
Long-term U.S. Treasury yields rose despite a $6 billion buyback, with persistent debt concerns and higher oil prices continuing to pressure global bond markets, CoinDesk reported.
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Long-term U.S. Treasury yields rose despite a $6 billion buyback, with persistent debt concerns and higher oil prices continuing to pressure global bond markets, CoinDesk reported.
Treasury Secretary Scott Bessent urged passage of the CLARITY Act after the Senate returned, warning that failure to approve it would damage America’s leadership position in the digital asset industry.
Unicoin is suing Uniswap Labs and seeking cancellation of the UNI registration, while also requesting declarations on marks and domains. The complaint says Uniswap’s counsel sent three letters before Unicoin’s planned Sept. 28 launch.
Bitcoin stayed below $80,000 as it tracked lower with US stocks amid Iran-related escalation. Yen strength near 153 per dollar and comments linked to Treasury Secretary Scott Bessent fueled concerns about a possible yen carry-trade unwind.
At least four Bitcoin wallets dormant for roughly a decade moved a combined $15.7 million from August 29 to September 4. One wallet’s $120 holding grew to about $3 million, while coins sent to Coinbase may signal a sale.
Compound’s COMP-governed DAO highlights the tension between executing approved code automatically and preserving emergency controls after a July 2024 governance incident nearly directed a large amount of funds to a small group.
Zcash climbed to its highest level in nearly a decade as a Fed-driven crypto rally pressured short sellers. The rally later reversed after stronger-than-expected jobs data sent Bitcoin back below $80,000.
Fairshake spent $189,000 on media supporting Representative Jake Auchincloss in the Massachusetts primary, Cointelegraph reported. The crypto-backed PAC is using industry funds in its latest effort to influence the 2026 elections.
South Korean police arrested four people over alleged crypto payments to a Syrian terror group. Investigators said the alleged ringleader also sent 11 used cars and two excavators, marking a first for Korean investigators.
The UK's National Crime Agency reportedly froze Sorare's $13.6 million payment to the Premier League. It was the first payment under a $163 million deal, as the Messi-backed fantasy card game faces a gambling prosecution.
Bitcoin made sharp moves within its local range as US Treasury Secretary Scott Bessent addressed US bond yields. Yields were approaching a new 20-year high during the volatile monthly close, Cointelegraph reported.
Bitcoin Magazine features a conversation with artist Rupture ahead of his BMAG-presented New York solo exhibition, running September 2–8 at 46 Hester Street and exploring preservation, decay and collecting.
Ethereum’s staking activation backlog has reached 35.75 days, with CryptoSlate estimating that deposits awaiting entry are missing more than $350,000 in rewards daily under the network’s 256 ETH-per-epoch activation limit.
Luke Dashjr has left the OCEAN Bitcoin mining pool, with potential hash-power movement to a new pool still uncertain. OCEAN represented 2.45% of trailing-day blocks, while CONVOY reported no operational footprint.
Bitcoin profitability data has generated a reversal signal previously seen at the start of its 2023 recovery. The CryptoQuant CEO says the pattern suggests Bitcoin’s bear market may be over.