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CoinDesk reports that analysts are examining whether XRP and bitcoin are showing a cartoon-themed “Bart Simpson pattern” as both cryptocurrencies pull back and broader crypto prices weaken.
Bitcoin and XRP are pulling back as analysts discuss the return of the bearish “Bart Simpson” pattern, a cartoon-themed description of price action in major cryptocurrency markets, CoinDesk reports.
Thai businessmen sued Tether over its freezing of $42 million tied to a $61 million pig-butchering case. They did not dispute involvement in the scam but argued that Tether lacked authority to freeze the funds.
Bitcoin has slipped at the start of September after its strongest August since 2017. Decrypt says the move is reviving the “Rektember” nickname as markets watch whether historical September patterns will persist.
CryptoSlate reported that a layer-1 blockchain paused for about four hours after a $4.9 million exploit. An emergency patch disabled binary-options settlement, while researchers linked an address holding roughly 1,980 ETH to the incident.
Capital B aims to add 376 BTC to its treasury after an $8.8 million investment from Adam Back. The Euronext Growth Paris-listed firm issued 13,181,030 shares at €0.58 each, with four warrants per share.
Twenty-one major financial institutions, including Bank of America and Citi, are positioning themselves around stablecoins as Standard Chartered estimates the tokens could remove about $500 billion from US bank deposits by 2028.
Bitcoin, gold and stocks fell as some observers argued that a Federal Reserve rate increase would be a mistake. CoinDesk’s Sept. 2 briefing highlighted the monetary-policy concern across related markets.
A lawsuit alleges Tether froze $42.4 million in USDT after an informal U.S. law-enforcement request, more than three months before authorities obtained a seizure warrant, CoinDesk reports.
Thailand has adopted a crypto Travel Rule requiring digital asset operators to verify control of self-custodial wallets and retain transaction data for five years, according to Cointelegraph.
Bitcoin dropped 1% since midnight and fell below $76,500 as U.S. strikes on Iran pushed Brent crude above $93 and Treasury yields toward 4.8%, CoinDesk reported.
Binance is offering eligible users physically settled options on more than 1,000 US equities. Binance handles access, Nest routes orders, and Alpaca executes, settles and safeguards the underlying shares.
Former U.K. Prime Minister Liz Truss said a government bond rout could force emergency spending cuts, warning that the country’s rising debt may have reached a point where the situation has gone too far.
The SEC has proposed its first transfer-agent reporting overhaul in 40 years. New Form TA-2 questions would ask agents how many share registers they maintain on distributed ledgers, highlighting tokenization’s growing relevance.
Grayscale, a16z and the CCI are asking the SEC to preserve existing classification rules for novel ETFs and avoid treating all new exchange-traded products as one category, while suggesting routes to faster, clearer reviews.
Cardano’s constitutional committee renewal vote passed key thresholds by a 0.18% margin. CryptoSlate reported that non-participating SPO stake weighed against renewal, even though it was not recorded as an explicit “No” vote.
