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Bitcoin cools but a golden cross approaches; Coinbase backs CLARITY Act; XRP eyes $1.50.
Ripple Burns 15 Million RLUSD in Major Treasury Move
U.Today - Ripple has burned 15 million RLUSD in its latest major treasury move, even as the stablecoin’s market capitalization continues to surge toward new highs. Ripple has burned 15 million RLUSD in its latest major treasury move, even as the stablecoin’s market capitalization continues to surge toward new highs.
Polymarket's first CFO enters office with a tough mandate of catching Kalshi
Cryptopolitan - Polymarket has appointed Warren Jenson, a former chief financial officer of Amazon, as its own CFO. The veteran operator, whose addition to the Polymarket team was announced on Thursday, September 10, is joining a company that is trying to close a wide volume gap with rival Kalshi. Jensen will be reporting to the founder and...
AI Clones of Musk, Altman and Zuckerberg Turned on Each Other
BeInCrypto - An engineer built AI clones of Musk, Altman, Zuckerberg, and Amodei from their own words, then made them fight. The post AI Clones of Musk, Altman and Zuckerberg Turned on Each Other appeared first on BeInCrypto.
Bitcoin Rally Cools, But a Golden Cross Is Coming
Decrypt - Bitcoin couldn't escape today's inflation-driven selloff, but a bearish pattern on its chart is about to flip for the first time since November.
Coinbase CEO Backs CLARITY Act to Secure ‘Yes’ Vote on September 15
CryptoPotato - Even without a Senate victory, Armstrong expects SEC and CFTC rulemaking to deliver a regulatory framework for the crypto industry.
China's Moonshot AI to explore Shanghai and Hong Kong IPOs
Cryptopolitan - Moonshot AI is weighing a second route to the public markets through Shanghai’s STAR Market, in addition to the Hong Kong IPO it is already considering. The move could give the Beijing-based startup behind Kimi K3 access to billions of dollars in capital to fund the costly training of frontier AI models. The plans were...
Trump Promises $5,000 to Every Adult American if Republicans Win Mid Terms
DailyHODL - President Trump pledged a $5,000 payment to every adult U.S. citizen if Republicans win control of both the House and Senate, calling it the 'Trump dividend' with a requirement that funds be spent domestically. The post Trump Promises $5,000 to Every Adult American if Republicans Win Mid Terms appeared first on The Daily Hodl.
UK House of Lords backs mandatory digital asset strategy over Labour position
CoinTelegraph - The amendment would require the UK Treasury to develop a strategy covering cryptoassets, stablecoins, tokenized securities and digital financial infrastructure.
A crypto project paying nearly 1 million people a daily income just had its reserves looted
CryptoSlate - A malicious Super App bypassed stream liquidations before a Sept. 4 hotfix restored whitelisting and closed detected insolvent accounts. The post A crypto project paying nearly 1 million people a daily income just had its reserves looted appeared first on CryptoSlate.
IBM, NASA launch AI model for moon exploration
Cryptopolitan - Researchers can now use an open source AI model from IBM and NASA to sift through decades of lunar observations for ice, craters and volcanic terrain using the newly released NASA-IBM Lunar Foundation Model, in preparation to return people to the Moon’s surface. The system is available as a free download on Hugging Face, with...
Nasdaq Invests in Kraken Parent Payward at $21B Valuation
cryptoDNES - Nasdaq Ventures takes a direct stake in Kraken's parent company, Payward, valuing the crypto firm at $21 billion to advance tokenized equity trading. The post Nasdaq Invests in Kraken Parent Payward at $21B Valuation appeared first on CryptoDnes EN.
This Guy Cloned Sam Altman, Elon Musk, and Zuckerberg Into AI Bots. They Immediately Started Fighting
Decrypt - Kun Chen built chatbot versions of four AI CEOs on SpaceXAI's new Grok Bot templates, locked them in one chat, and told them to debate the AI race until they agreed on something.
MetaMask Becomes Its Own Company as Consensys Stays Quiet on IPO
CoinPaprika - Consensys said on 9 September 2026 that it will split into two independent companies. Its flagship MetaMask wallet becomes a standalone consumer-finance firm, while the protocols and institutional infrastructure business keeps the Consensys name.
Kalshi introduces 24/7 gold and silver 'Perps' trading
Cryptopolitan - Kalshi has started offering gold and silver perpetual futures to U.S. traders after getting clearance from the Commodity Futures Trading Commission. The move gives the company another business line outside prediction markets and puts precious metals into the same contract structure already popular with crypto traders. Kalshi filed the request in July. The CFTC, which...
US Tech Firms Post Record 24% Profit Margins Amid AI Surge, Outpacing Non-Tech Companies by Wide Margin
DailyHODL - Technology sector profit margins in the U.S. have climbed to an all-time high of 24%, driven by artificial intelligence gains and significantly ahead of the broader market. The post US Tech Firms Post Record 24% Profit Margins Amid AI Surge, Outpacing Non-Tech Companies by Wide Margin appeared first on The Daily Hodl.
India moves to block 15 crypto apps, leaving users facing sudden account lockout
CryptoSlate - App and URL takedown notices raise disruption risks, but completed blocks and withdrawal limits remain unconfirmed. The post India moves to block 15 crypto apps, leaving users facing sudden account lockout appeared first on CryptoSlate.
The US Dollar Is Stuck. Americans Could Feel the Pain Soon
BeInCrypto - The Dollar Index holds 99 as a hawkish Fed collides with ECB hikes and yen intervention. Two levels decide the trend. The post The US Dollar Is Stuck. Americans Could Feel the Pain Soon appeared first on BeInCrypto.
Tag Markets Names Craig Lund Chief Executive Officer
DailyHODL - Dubai, United Arab Emirates, 10th September 2026, Chainwire The post Tag Markets Names Craig Lund Chief Executive Officer appeared first on The Daily Hodl.
XRP Most Likely to Reclaim $1.50 This Month: Kalshi
U.Today - $1.50 appears to be the next price target for XRP as traders on Kalshi are seen betting on this possibility despite the ongoing price correction. $1.50 appears to be the next price target for XRP as traders on Kalshi are seen betting on this possibility despite the ongoing price correction.
XRP Ledger crossed 5 billion transactions, but 92% of August activity came from just 767 bots
CryptoSlate - Bitquery’s audit says a 767-account machine subset generated 92%, separating ledger throughput from durable XRP demand. The post XRP Ledger crossed 5 billion transactions, but 92% of August activity came from just 767 bots appeared first on CryptoSlate.
Bitcoin Price Slides as Coinbase Boss Calls the Cycle Bottom
Bitcoin.com - On Thursday, Coinbase CEO and founder Brian Armstrong appeared on a Bloomberg Insight video with Haslinda Amin, and he seemed pretty convinced that the worst of bitcoin’s current cycle is behind it. Bitcoin’s price has trended below the $77,000 range on Thursday, and it has lost 3.3% over the last day. The downtrend picked up […]
US Midterm Betting Odds Diverge Across Prediction Markets
99Bitcoins - 2026 midterms markets split on House control, with Kalshi favoring Democrats and conflicting Polymarket readings complicating the picture. The post US Midterm Betting Odds Diverge Across Prediction Markets appeared first on 99Bitcoins.
Ripple Stays Above Major Averages as XRP Derivatives Turn Cautious
99Bitcoins - XRP price analysis finds support near $1.35 while weak derivatives signals temper the outlook and keep the $1.30 level in focus for traders. The post Ripple Stays Above Major Averages as XRP Derivatives Turn Cautious appeared first on 99Bitcoins.
Bitcoin falls on US PPI overshoot as 30-year bond yield hits new 19-year high
CoinTelegraph - Bitcoin fell with US stocks as high inflation and a further surge in oil prices coincided with another multidecade high for US bond yields.
Nasdaq Ventures to Invest $100M in Kraken Parent Payward at $21B Valuation
CryptoPotato - Kraken will also adopt Nasdaq’s market surveillance technology across its trading venues.
US hit on $24 billion crypto black market sends rival money launderers running for exits
CryptoSlate - DOJ seized Telegram channels and two wallets while OFAC sanctioned Xinbi and the developers behind SafeW and XinbiPay. The post US hit on $24 billion crypto black market sends rival money launderers running for exits appeared first on CryptoSlate.
22-Year-Old Singaporean Masterminds $245,000,000 Crypto Theft Ring, Crew Splurges Funds on Exotic Cars, Rental Home and More
DailyHODL - A 22-year-old Singaporean is pleading guilty to heading an international cybercrime enterprise that stole over $245 million in cryptocurrency. The ringleader used social engineering and break-ins before admitting to a RICO conspiracy charge. The post 22-Year-Old Singaporean Masterminds $245,000,000 Crypto Theft Ring, Crew Splurges Funds on Exotic Cars, Rental Home and More appeared first on The Daily Hodl.
Federal authorities in Berlin take aim at tax-free crypto profits
Cryptopolitan - The federal government of Germany is preparing to tap into profits from long-term crypto investments which are currently exempt from taxation in the country. According to a bill drafted by the Bundesfinanzministerium, 25% capital gains tax will soon apply even if the digital assets have been held for more than a year before sale. Merz...
Bitcoin at $400K by 2030 Still 'Reasonable Target': Coinbase CEO
Decrypt - Brian Armstrong argues the bottom is in, a year into the downturn, with the next halving roughly 18 months out.
SEC gives Bitcoin-heavy trusts a new 15% window to venture beyond existing listing rules
CryptoSlate - Qualifying trusts can use a faster generic route while derivatives measured at gross notional can quickly exhaust the flexible sleeve. The post SEC gives Bitcoin-heavy trusts a new 15% window to venture beyond existing listing rules appeared first on CryptoSlate.
GBA Confirms Full Attendee List for Future of Money, Governance, & the Law 2026
BeInCrypto - The Government Blockchain Association (GBA) has confirmed the full roster of governments, regulators, and companies set to attend the Future of Money, Governance & the Law (FoMGL) 2026, taking place September 29 to October 2 in Washington, D.C., and New York City. The four-day program opens September 29 in Washington, D.C., with a private Capitol The post GBA Confirms Full Attendee List for Future of Money, Governance, & the Law 2026 appeared first on BeInCrypto.
Zoomex Launches ZWTC 2026 Multi-Asset Trading Championship With a Record Prize Pool of Up to 5 Million USDT
BeInCrypto - Returning for its third year, Zoomex’s flagship global trading competition expands across crypto perpetuals, stock contracts, AI-powered trading, team competition, and interactive rewards Zoomex, a global cryptocurrency trading platform focused on derivatives, has announced the launch of the Zoomex World Trading Championship 2026 (ZWTC 2026). Returning for its third year, the flagship competition features a The post Zoomex Launches ZWTC 2026 Multi-Asset Trading Championship With a Record Prize Pool of Up to 5 Million USDT appeared first on BeInCrypto.
REAL Finance’s $ASSET joins ESMA’s Interim MiCA Register as Europe push deepens
CoinJournal - REAL Finance’s $ASSET white paper is now listed in ESMA’s MiCA register. ESMA listing gives $ASSET a standardised disclosure reference across Europe. REAL Finance targets over €3.5 billon in tokenised assets across Europe. Real Technologies Inc., issuer of the $ASSET token used by the REAL Finance network, has had its crypto-asset white paper listed in […] The post REAL Finance’s $ASSET joins ESMA’s Interim MiCA Register as Europe push deepens appeared first on CoinJournal.
Nasdaq invests $100M in Kraken parent at $21B valuation: Report
CoinTelegraph - Nasdaq invested $100 million in Payward as part of its push toward tokenized stock products with round-the-clock trading.
XRP, Ether Draw Fresh Cash as Bitcoin ETFs Lose $120M
Bitcoin.com - U.S. bitcoin ETFs posted $120.24 million in net outflows on Wednesday, extending their losing streak to a second session. Ether, XRP and solana funds all attracted fresh capital, while HYPE ETFs remained under pressure. ARK Leads Outflows for Bitcoin ETFs The money kept moving, just not in bitcoin’s direction. U.S. spot bitcoin exchange-traded funds (ETFs) […]
Nasdaq Invests $100M in Kraken Parent Payward at $21B Valuation
Decrypt - Deutsche Börse's April stake implied a $13.3 billion valuation. Five months on, Nasdaq is paying at $21 billion.
400,000 BTC by 2030: Coinbase CEO Says It's 'Reasonable'
U.Today - Coinbase CEO Brian Armstrong predicts the next year or two is going to be good for Bitcoin. Coinbase CEO Brian Armstrong predicts the next year or two is going to be good for Bitcoin.
Germany Moves to Tax Bitcoin Like Stocks
CoinPaprika - Germany's Finance Ministry has drafted a bill to tax crypto gains as capital income, ending a rule that lets investors sell Bitcoin tax-free after one year. The change would apply to assets bought after 31 December 2026 and take effect in January 2027.
Bitcoin holds near $78K as markets confront the macro shocks they may have underpriced this week
CryptoSlate - The baseline is already hostile. A CPI, central-bank or oil deviation could decide whether Bitcoin breaks its current range. The post Bitcoin holds near $78K as markets confront the macro shocks they may have underpriced this week appeared first on CryptoSlate.
Arizona Handing Out 2,100,000 Free Eggs to Families In Price-Fixing Settlement
DailyHODL - Arizona food banks are receiving more than 2.1 million eggs this month from egg producers as part of a price-fixing settlement. The post Arizona Handing Out 2,100,000 Free Eggs to Families In Price-Fixing Settlement appeared first on The Daily Hodl.
Treasury Secretary Bessent urges CLARITY Act passage after Senate returns
CoinTelegraph - Secretary Scott Bessent warned that failing to pass the CLARITY Act would send a “troubling signal” about America’s leadership in the digital asset industry.
Important Ripple News and XRP Price Update: September 10
CryptoPotato - Exchange Listed Funds Trust intends to launch an ETF that will let investors gain exposure to both S&P 500 and XRP.
Vitalik Buterin Pushes Ethereum Plan to Slash Quantum-Safe Privacy Costs
Decrypt - Buterin wants EIP-8288 in I-star, the upgrade after Hegota, and adopting it would make RISC-V Ethereum's canonical instruction set.
XRP Ledger Targets 2028 Quantum Readiness, Outpaces Ethereum
U.Today - While Ethereum waits for 2029, XRP Ledger plans to immunize wallets against quantum threats by 2028 without changing user addresses. While Ethereum waits for 2029, XRP Ledger plans to immunize wallets against quantum threats by 2028 without changing user addresses.
David Sacks throws Anthropic’s $2T IPO into question
Cryptopolitan - David Sacks said on Thursday that Anthropic’s initial public offering should be put on hold after Jacob Coxon informed the public that AI laboratories are “gambling with our lives.” In his post on X, Sacks stated that the IPO “must be paused until the claims of this ‘whistleblower’ can be investigated.” With the public offering...
SGX Gets CFTC Approval to Offer Bitcoin and Ether Perpetual Futures to U.S. Institutions
Binance News - SGX has obtained CFTC authorization to open its bitcoin and ether perpetual futures to U.S. institutional investors. According to NS3.AI, the exchange has processed $5.8 billion in cumulative volume since its November 2025 launch. Regulation 48.10 allows qualifying foreign exchanges to provide U.S. participants with direct access to their trading systems. The approval gives SGX a path to expand access to its crypto derivatives products for eligible institutional clients in the United States.
DeepSeek Says Enterprises With 2,000 GPUs Can Contact It Directly
Binance News - DeepSeek said in its V4.1 Flash open-source announcement that companies with 2,000 GPUs and a storage cluster can contact it directly. According to ChainCatcher, V4.1 Flash remains open source under the MIT License and does not add licensing conditions based on company revenue or business scale. Companies with sufficient resources can deploy the model themselves, while direct contact with DeepSeek appears aimed at ultra-large-scale technical cooperation. DeepSeek has not announced an official private deployment product or paid service. ...
PBOC Deputy Governor Lu Lei Says Monetary and Financial Stability Remain Central Goals
Binance News - According to Jin10, PBOC Deputy Governor Lu Lei said on September 10 that monetary stability and financial stability have always been the central goals of central bank work, and that an efficient and stable framework is needed, namely the dual-pillar framework formed by the monetary policy system and the macroprudential management system.
Grab Drivers in Vietnam Plan Weekend Boycott Over Commission Fees
Binance News - Grab Holdings Ltd. drivers in Vietnam are calling on fellow independent contractors to stop work this weekend to protest the ride-hailing company’s commission rate, which they say is excessive and threatens their ability to earn a living wage, according to Bloomberg.
THG Says Bid Interest Grows for Non-Core Brands as Sports Nutrition Gains
Binance News - THG Plc said some of its non-core brands are attracting bid interest as the retailer focuses more on its sports nutrition business, according to Bloomberg.
PRECIOUS METALS | COMEX Silver Inventories Rise by 1.87 Million Ounces
Binance News - According to Jin10, COMEX silver inventories rose by 1,869,088.137 ounces from the previous day, with 2,460,643.902 ounces received and 591,555.765 ounces withdrawn, resulting in a clear net inflow.
Zhipu Launches Coding Subsidy Program in Hangzhou on September 10
Binance News - Zhipu launched its "Citywide Coding Plan" on September 10, offering Coding package subsidies to workers in Hangzhou, students at Hangzhou universities, and companies in Shangcheng District. According to ChainCatcher, individual quarterly and annual card subsidies are 44% and 51%, respectively, while enterprise annual card subsidies are 55%, with a maximum of 1 million yuan per company. Each individual may use the subsidy once and must choose either the quarterly or annual card. Applicants are required to submit proof of social insurance contributions or a student enrollment verification report.
STOCKS | YF Financial Jumps 19.4% To One-Month High
Binance News - YF Financial (00376) rose as much as 22% to HK$2.455, a one-month high, and was last up 19.4% at HK$2.405, according to ETNet. The stock broke above its 10-day moving average of HK$2.093. Turnover reached 36.41 million shares worth HK$80.98 million, with active buying and selling at 60:40 and net active buying of HK$15.64 million.
STOCKS | Xiaomi Falls 2.1% As Apple Unveils Foldable iPhone Duo
Binance News - Xiaomi fell 2.1% to HK$25.82 and has now declined for four straight sessions, bringing the cumulative drop to 9.2%, according to ETNet. The stock traded about 107 million shares, worth HK$2.774 billion. The move came after Apple launched its first foldable iPhone, named iPhone Duo, with the 256GB version priced at HK$17,499 in Hong Kong and the 2TB version at HK$27,999. Xiaomi had earlier unveiled its own foldable phone, the Xiaomi 18 Fold, priced from RMB 10,999, while the top-end silicon nitride ceramic edition with 16GB+1TB storage costs RMB 15,999.
Stephen Jen Says U.S. May Pursue a Gradual Weak-Dollar Path
Binance News - According to Jin10, Eurizon SLJ money fund manager Stephen Jen said it is extremely difficult to design a broad-based weaker-dollar strategy, especially without hurting overseas investors' large holdings of U.S. stocks and bonds. He said the U.S. government may instead choose a more fragmented path, including several small "Mar-a-Lago Accords" that would coordinate exchange-rate policy with major trading partners one by one to gradually weaken the dollar while avoiding a broad market expectation of continued dollar declines.
STOCKS | Baker Hughes Raises 2026 Guidance After Chart Industries Consolidation
Binance News - Baker Hughes raised its 2026 revenue guidance to $28.5 billion-$30.3 billion from $26.65 billion-$28.05 billion, and its adjusted EBITDA guidance to $4.875 billion-$5.475 billion from about $4.6 billion-$5.1 billion. According to Sina Finance, the company said the updated outlook includes Chart Industries results after the acquisition closed on July 16, while the outlook for its two existing business segments was unchanged. Chart is expected to contribute $1.85 billion-$2.25 billion in revenue and $300 million-$400 million in EBITDA. Baker Hughes said Chart's results are included only from the July 16 closing date, and that the higher full-year guidance ...
Senegal Eurobond Holders Hire White & Case for Restructuring Talks
Binance News - Some holders of Senegal’s eurobonds are forming a creditor group and have chosen White & Case LLP as legal adviser ahead of debt-restructuring talks with the country, people familiar with the matter said, according to Bloomberg.
Trump's Oil And Gas Stock Holdings Rise By Up To $4.4 Million
Binance News - U.S. President Donald Trump's disclosed holdings in nine oil and gas stocks rose by an estimated $1.5 million to $4.4 million from before the outbreak of the Iran war at the end of February through August 31, according to CNBC analysis, Ming Pao reported. The estimated increase was equivalent to about HK$11.7 million to HK$34.32 million.
U.S.-China Trade Teams Discuss $30 Billion Reciprocal Tariff Cut Framework
Binance News - According to Wallstreetcn, at a regular press briefing held by China's Ministry of Commerce on the 10th, ministry spokesperson Huang Ling said the U.S. and Chinese trade teams are seriously implementing the consensus reached at the leaders' Beijing meeting and are negotiating a $30 billion reciprocal tariff cut framework arrangement, seeking early implementation.
STOCKS | AIA Records 500,000-Share Cross Trade At HK$75.675
Binance News - AIA recorded a cross trade of 500,000 shares at 2:59 PM at HK$75.675 each, 1.7% below the previous close, involving HK$37.84 million, according to ETNet. The stock was down 1.6% at HK$75.75. Turnover reached 19.27 million shares worth HK$1.466 billion, with active buy-sell ratio at 71:29 and net active buying of HK$524 million.
GEOPOLITICS | UMNO Backs Najib Razak’s Latest Royal Pardon Bid
Binance News - United Malays National Organisation is hopeful Malaysia’s former Prime Minister Najib Razak will win a royal pardon in his latest bid, party president Ahmad Zahid Hamidi said, according to Bloomberg. The former ruling party said it expects a positive outcome from Najib’s request.
GEOPOLITICS | Dipesh Shah Says GIFT City Is Drawing Payment Firms
Binance News - IFSCA Executive Director Dipesh Shah said GIFT City offers payment companies flexible rules, streamlined approvals and more freedom in cross-border transactions, according to Bloomberg. He said those features are helping position the Indian financial center as a competitive global hub.
China and Cape Verde Sign Framework Agreement on Economic Partnership
Binance News - China's Ministry of Commerce said International Trade Negotiator and Vice Minister Li Chenggang signed a framework agreement with Cape Verde's Minister of Economy, Trade, Industry and Digital Transformation Antonio Baptista in Beijing on September 9. The agreement sets out deeper cooperation in trade and economic ties, with a focus on sustainable development, inclusive growth, Cape Verde's agricultural upgrading, the blue economy and manufacturing, according to Jiemian News. The ministry said this was the 40th framework agreement China has signed with an African country. It also said the two sides have substantively concluded talks ...
Polymarket 49ers vs. Rams Second-Quarter Scoring Odds Swing to 76%
Binance News - Polymarket’s "49ers vs. Rams" market saw the "yes" option for both teams scoring in the second quarter jump from 58.5% an hour earlier to 76%, a 17.5 percentage-point move. According to ChainCatcher, the sharp swing was linked to a sudden news impact.
Meta Discusses Social Media Limits for Children With South Korean Government
Binance News - Meta is discussing measures with the South Korean government to restrict children's use of social media. According to Sina Finance, Meta Asia-Pacific product public policy general manager Philip Chua made the remarks at an "Smart Screen" roundtable in Seoul. He said Meta and the South Korean government are discussing steps to protect teenagers from online harms on social media platforms. The measures he mentioned include limiting children's use of Facebook and Instagram to two hours a day and restricting access to those platforms late at night. Chua said he opposes a blanket restriction on social media, arguing that such measures could have ...
Societe Generale: Trump Team May Want a Weaker Dollar
Binance News - According to Jin10, Societe Generale foreign exchange strategist Kit Juckes said the Trump team’s actions, from pressuring the Federal Reserve to direct currency intervention and lower U.S. Treasury yields, have continued to send signals that it wants a weaker dollar. He said the bigger question may become how to stop the dollar from weakening further, or at least limit the resulting overseas capital outflows, and that the United States may have to work harder in the future to attract foreign capital.
Citi Foundation Launches $25 Million AI Skills Initiative for Youth
Binance News - According to The Korea Herald, Citi Foundation said Thursday it has launched a $25 million global initiative to help young people build skills for jobs increasingly shaped by artificial intelligence. The fourth Global Innovation Challenge will award $500,000 each to 50 community organizations working to improve employment prospects for low-income youth. The programs will focus on AI-related and human-centric skills, including prompt engineering, digital content creation, problem-solving and critical thinking.
Market Analyst Jeremy Boulton: Energy Prices Could Deepen Pressure on Weak Currencies
Binance News - According to Jin10, market analyst Jeremy Boulton said that if energy prices remain elevated, the Indian rupee, Indonesian rupiah, Philippine peso, and Turkish lira are expected to extend their declines and could even fall below their current record lows. He added that central bank support would more likely only slow the pace of depreciation rather than stop the decline, and that the pressure on these currencies comes not only from oil prices but also from natural gas, palm oil prices, and coal prices. Natural gas prices have surged to a multi-year high, palm oil prices have risen to their highest level since December 2024, and coal prices have climbed about 16% over the past month. Boulton also said the yen could extend its decades-long weakening trend if ...
ECB Could Be Left on the Back Foot After a One-Off Rate Hike, Marex's Jonathan Pryor Says
Binance News - According to Jin10, Marex FX co-head of trading and head of private markets Jonathan Pryor warned in a report that the European Central Bank could be left on the back foot after it announces its interest-rate decision on Thursday. He said that if the ECB misjudges this rate hike as a one-off move and is then overtaken by other G10 central banks with higher rates, it could have a long-term impact on Christine Lagarde and the ECB's reputation. Pryor added that the more complicated challenge for the ECB is dealing with fluctuating bond spreads among sovereign countries while coordinating monetary policy, a challenge that is rarely mentioned. He said any remarks involving the bond market will be very important because this is usually a topic the ECB does not ...
Boring Co. Raises $3 Billion, Valued at $23 Billion
Binance News - Boring Co. secured $3 billion in fresh funding backed by the United Arab Emirates and affiliated investment entities, valuing Elon Musk’s tunneling startup at $23 billion, according to Bloomberg.
HD Hyundai Heavy Industries to Invest W1.07 Trillion in Power Engines, SMR Facilities
Binance News - According to The Korea Herald, HD Hyundai Heavy Industries said Thursday it will invest 1.07 trillion won ($799 million) in dedicated production facilities for land-based power engines and small modular reactors as it targets rising electricity demand from artificial intelligence data centers. Of the total, 833.6 billion won will be spent on a new HiMSEN engine production base in Onsan, Ulsan, which will have an annual capacity of 3 gigawatts. The complex will include dedicated facilities for engine assembly and testing and crankshaft machining.
US Navy Chief Visits Hanwha Philly Shipyard Amid $150 Billion Shipbuilding Push
Binance News - According to The Korea Herald, Acting U.S. Secretary of the Navy Hung Cao visited Hanwha Philly Shipyard in Philadelphia as South Korea and the United States move ahead with a $150 billion shipbuilding cooperation initiative. Hanwha said the visit came as the two countries pursue the Make American Shipbuilding Great Again initiative, known as MASGA, under their broader strategic investment framework. Hanwha Ocean is among the Korean shipbuilders expected to take part, and Cao toured the shipyard and met with executives.
AI TRENDS | Crypto Bettors Raise US AI Safety Bill Odds to 20% After OpenAI Call
Binance News - Crypto bettors raised the probability of a US AI Safety Bill passing this year to 20% after OpenAI called for mandatory national standards. According to NS3.AI, the odds increased from 11% the previous day. The market resolves to Yes if a federal law is signed before Dec. 31 and includes at least one specified AI restriction. OpenAI Chief Global Affairs Officer Chris Lehane said the company wants to work with Congress on mandatory, capability-based national AI safety rules.
Spot Gold Tops $4,430 an Ounce
Binance News - Spot gold rose 0.7% intraday to trade above $4,430 an ounce, according to Jiemian News.
John Lewis Losses Widen as Turnaround Faces Higher Costs
Binance News - John Lewis Partnership Plc said first-half losses widened as higher costs and shoppers cut discretionary spending, according to Bloomberg. The British department store chain said the results undermined its turnaround bid.
TSMC Reports August Revenue of NT$514.8 Billion, Up 53.3% Year Over Year
Binance News - TSMC reported August revenue of NT$514.8 billion, up 53.3% from a year earlier. According to ChainCatcher, the company said cumulative revenue from January to August 2026 reached about NT$3.38687 trillion, compared with about NT$2.432 trillion in the same period of 2025, an increase of 39.3%. The company added that revenue for the first eight months rose by more than NT$950 billion from a year earlier.
Trump makes another $5,000 stimulus promise to Americans if they vote Republican in midterms
Cryptopolitan - President Donald Trump is promising American adults $5,000 each if Republicans keep the House and Senate after the November midterms. Trump announced the idea Wednesday at the GOP gathering in Dallas while Republicans try to hold their congressional majorities. Sending that much money across the United States would mean a large federal expense. With each...
GEOPOLITICS | Typhoon Season Snarls Shipping Across Asian Ports
Binance News - An unusually active typhoon season is disrupting shipping operations across Asia, with Shanghai particularly hard hit by traffic snarls and vessel delays, according to Bloomberg.
GEOPOLITICS | Trump Payout Pledge Stirs Treasury Jitters Before 30-Year Auction
Binance News - US President Donald Trump’s promise of a national cash payout tied to a Republican Party midterm election victory is adding uncertainty to the Treasury market ahead of a 30-year bond auction, according to Bloomberg. The move has renewed concerns about Washington’s fiscal discipline and erratic policymaking.
JPMorgan Expects Strong Demand for 30-Year U.S. Treasury Auction
Binance News - According to Jin10, JPMorgan interest rate strategists said the U.S. Treasury's 30-year bond auction is expected to attract solid demand. The Treasury will auction $22 billion of 30-year bonds on Thursday, and Tradeweb data showed the 30-year U.S. Treasury yield fell 0.1 basis point to 5.285%.
Blackstone Takes Majority Stake In Greater Seoul Logistics Development
Binance News - According to The Korea Herald, Blackstone has acquired a majority stake in Sanha Logistics Park II, a dry-storage logistics development in Greater Seoul that includes Incheon and Gyeonggi Province, in partnership with Singapore-based real estate manager ESR. Funds managed by Blackstone Real Estate Partners invested for a majority interest in the project as the asset manager seeks to capitalize on continued growth in South Korea's logistics market.
Korea Investment & Securities Forms Strategic Ties With Fidelity, Pimco and Carlyle
Binance News - According to The Korea Herald, Korea Investment & Securities, a subsidiary of Korea Investment Holdings, has entered into a series of strategic partnerships with global asset managers Fidelity, Pimco and Carlyle. The company said the agreements expand its portfolio across research, equity, fixed income and alternative investments and mark a concrete step in its long-running global business strategy.
SK hynix Raises Cash Share In Performance Bonus Plan
Binance News - According to The Korea Herald, SK hynix has increased the cash portion of its proposed performance bonuses after union members narrowly rejected an earlier agreement. Under a revised tentative deal announced Thursday, the chipmaker will pay profit-sharing bonuses 50% in cash and 50% in company shares by default, up from a previous proposal of 40% cash and 60% shares. Employees who want more stock may choose a share-based payout ranging from 50% to 100% in 10% increments.
Korea Zinc Gains Tactical Edge In Management Battle
Binance News - According to The Korea Herald, Korea Zinc management under Chair Choi Yun-birm won a key vote at Wednesday’s extraordinary general meeting, securing broad shareholder support for an independent audit committee seat. Baek In-kyoo, the board-backed nominee, received support in the pivotal contest as the nearly two-year fight for control with the Young Poong-MBK Partners alliance continued.
Dyson Enters South Korea Oral Care Market With CameraJet Toothbrush
Binance News - According to The Korea Herald, Dyson has entered South Korea’s oral care market with CameraJet, an AI-powered toothbrush that uses a built-in camera and targeted liquid jet to combine brushing and interdental cleaning in one device. The British appliance maker unveiled CameraJet in Seoul on Thursday and said the product is designed to clean gaps between teeth that conventional toothbrushes struggle to reach. Rich Bacon, Dyson’s head of new categories, said the device first needs to precisely detect the spaces between teeth in order to clean them properly.
AI TRENDS | Moonshot Launches Kimi Enterprise Partner Program
Binance News - Moonshot AI has launched its Kimi enterprise partner program, called the Moon Landing Plan, to build a team of Forward Deployed Engineers with IT service providers and systems integrators, according to ETNet. The company said the team will work on-site at customer locations to push large models into core enterprise business processes. It said this is the first large-model company in mainland China to use the FDE model for AI last-mile deployment. Moonshot AI said the FDE model was pioneered by U.S. data company Palantir and ...
Iran Says It Is Ready to Escalate War That Trump Insists Will End After US Election
Binance News - Iran is ready for a more intense war and will step up counterstrikes if the US keeps attacking its territory and infrastructure, a senior Iranian official told Bloomberg. Tehran has no intention of backing down in the face of an American naval blockade and strikes on its oil tankers, said the official, who asked not to be identified discussing sensitive matters, adding that while economic pain is increasing, the country's leaders see the war with the US as an existential threat that leaves little choice but to keep fighting. The comments come as hostilities show little sign of easing in the war's seventh month: Washington said one of its warships had to evade an Iranian attack overnight and that it destroyed five Iranian energy tankers in response, after which Tehran fired ...
Posco Union Continues Partial Strike for Second Day
Binance News - According to The Korea Herald, Posco's union continued a partial strike for a second day on Thursday, with no production disruptions reported so far. The union launched a two-day walkout at 7 a.m. Wednesday, marking the first partial strike at Posco since the company was founded in 1968. The Posco union, affiliated with the Korean Metal Workers' Union, said about 20 workers at parts of the No. 2 electrical steel plant in Pohang joined the action.
Seoul Court Orders Smilegate Founder To Transfer Shares In Record Divorce Settlement
Binance News - According to The Korea Herald, the Seoul Family Court on Wednesday ordered Smilegate founder and chief visionary officer Kwon Hyuk-bin to transfer 35% of his shares in the private gaming company and pay 65 billion won in cash after ruling in favor of his wife, identified by her surname Lee. The court set the divorce settlement at 2.55 trillion won ($1.9 billion), which would be a record if the ruling stands. Smilegate is wholly owned by Kwon.
Japan's Finance Ministry Official Says Bond Buybacks Are Not Under Consideration
Binance News - According to Sina Finance, Masayuki Sato, head of the Debt Management Division at Japan's Ministry of Finance's Financial Bureau, said the government is not currently considering buying back Japanese government bonds. He made the remarks at a seminar in Tokyo and said Japan's bond market environment is "not necessarily the same as that of the United States."
GEOPOLITICS | Barclays Sees Yen Rebounding Toward Upper 150s Per Dollar
Binance News - Barclays Plc said the yen’s sharp rally could reverse toward the upper 150s per dollar if expectations for faster Bank of Japan rate hikes and a shift by Japanese pension funds toward domestic assets do not materialize, according to Bloomberg. The bank tied its view to those two factors in Japan.
AI TRENDS | Open Standard CEO Says Open USD Will Reward Usage Over Assets Under Management
Binance News - Open Standard founder and CEO Zach Abrams said the project has received many corporate inquiries about partnerships since announcing Open Standard and Open USD in early summer. He said stablecoins were meant to be a better version of the U.S. dollar, but most companies use them to store assets rather than for transactions. According to Foresight News, Abrams said companies often pay 5 to 10 basis points for each redemption when moving idle funds on short notice, which can outweigh the return, while U.S. fintech firms still maintain separate fiat and stablecoin systems because fiat fees are fixed and reserves can be placed in money market funds. ...
TSMC Reports Record August Revenue As AI Chip Demand Stays Strong
Binance News - According to CNBC, Taiwan Semiconductor Manufacturing Co. reported record monthly revenue for August of NT$514.8 billion, up 53.3% from a year earlier and 10.1% from July, as demand for chips used in artificial intelligence applications remained strong. The company said its monthly revenue has risen for four straight months. TSMC shares closed 0.61% lower on Thursday before the revenue release. In July, TSMC said AI-related demand remained "extremely robust" on its second-quarter earnings call, after reporting a more than 77% year-on-year jump in second-quarter profit and forecasting third-quarter revenue between $44.6 billion and $45.8 billion. Separately, TSMC and ASML this week announced an initiative to advance the industry's transition to next-generation ...
AI TRENDS | DeepSeek Harness v0.1.5 Adds File Uploads, Multi-Agent Collaboration
Binance News - DeepSeek Harness team said version 0.1.5 has been deeply integrated with the DeepSeek V4.1 Flash model across standard mode, programmatic tool calling mode, and minimal mode. According to PANews, the update also supports changing system prompts while keeping the existing KV Cache. The web version now supports uploading multiple file types, including images and PDFs, along with a sidebar file tree preview. It also allows direct viewing of Markdown, HTML, PDF, code, and images. The interface adds standardized extension entry points for plugins on the left ...
GEOPOLITICS | Tanker Freight Rates Hit Records as Oil Market Strain Deepens
Binance News - Global tanker freight rates are surging to record levels with little respite in sight, according to Bloomberg. Traders, shipowners, producers and buyers are grappling with a drawn-out conflict in the Persian Gulf and increasingly complex workarounds.
AI TRENDS | The Boring Company completes $3 billion Series D round at $23 billion valuation
Binance News - According to Wallstreetcn, Elon Musk's tunnel-digging startup The Boring Company completed a $3 billion Series D financing round and was valued at $23 billion.
STOCKS | Citi Cuts WH Group Target Price On Smithfield Outlook
Binance News - WH Group fell 2.8% to HK$6.90, extending its losing streak to two sessions and bringing the cumulative decline to 7.1%, according to ETNet. Citi cut its target price on WH Group to HK$8.20 from HK$9.90, while keeping a Buy rating. The bank said Smithfield, the company's U.S. subsidiary, further lowered its third-quarter operating outlook and now expects a fresh pork adjusted operating loss of $70 million to $90 million, citing a downtrend in pork prices. Citi also trimmed its 2026-2028 net profit forecasts for WH Group by 10% to 11% ...
AI TRENDS | ByteDance Hires Former Coatue Executive to Expand AI Investments
Binance News - ByteDance Ltd. has hired a former Coatue Management executive to lead its corporate investment team. According to Sina Finance, Jiang Kai has joined the TikTok parent company as head of its Hong Kong-based financial investment unit and will report to Chief Financial Officer Julie Gao. People familiar with the matter said the appointment will help ByteDance build a more systematic process for investing in emerging technology startups.
STOCKS | Fourier Intelligence Surges 32% Before Easing Gains
Binance News - Fourier Intelligence (03625) rose as much as 32% to HK$80.5 before trimming gains to HK$74.05, up 21.4%, according to ETNet. The stock hit a low of HK$61 and traded 467,000 shares worth HK$31.59 million. Active buy orders accounted for 57% of trades versus 43% on the sell side, with net active buying of HK$4.2472 million. China Investment Information was the largest net passive buyer at HK$1.7321 million, while JPMorgan was the largest net passive seller at HK$2.0574 million.
AXA Hong Kong, Macau Signs AI Cooperation MOU With BytePlus
Binance News - AXA Hong Kong and Macau has signed a memorandum of understanding with enterprise technology solutions provider BytePlus to integrate BytePlus' artificial intelligence and large language model solutions into its operations, according to Ming Pao. The insurer said the collaboration is aimed at advancing digital transformation across the insurance value chain and promoting the use of responsible AI.