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Bitcoin remains steady amid ETF shifts, while US crypto tax bill eases for small traders.
Tennessee Church Pastor Accused of Stealing More Than $350,000 Over Nine Years
DailyHODL - A former financial stewardship pastor at Southall Church in Franklin, Tennessee, faces a felony theft charge after authorities say more than $350,000 went missing over nine years. The post Tennessee Church Pastor Accused of Stealing More Than $350,000 Over Nine Years appeared first on The Daily Hodl.
Non-Sports Prediction Market Volume Hits $10 Billion as Kalshi Pulls Away From Polymarket
Cryptopolitan - Weekly trading volume in the non-sport categories across Kalshi and Polymarket reached a new high of $10 billion last week. Data from Artemis shows that this marked the sixth consecutive record week with Kalshi running away as clear leaders. Kalshi drew in $9.6 billion while Polymarket saw $344.2. It wasn’t always this one sided, though....
Bitcoin Remains Steady Amid Shifting ETF Influences and Market Sentiment
TheCurrencyAnalytics - Key Takeaways Bitcoin trades at $76,869.00 down 1.3% in 24 hours while sitting just above the TCA 30-day low of… Read the original on Bitcoin Stalls Above 30-Day Low as ETF Flows Spark Cautious Sentiment. For more crypto news and analysis, visit TheCurrencyAnalytics.com.
China’s economy hits a weak spot: consumers aren’t spending
Cryptopolitan - China’s local economic indicators are declining, and policymakers are under the gun to jump-start growth. For starters, China’s retail sector struggled to maintain its momentum in August. The National Bureau of Statistics showed that retail sales growth slowed to 0.4%, marking a slowdown from July’s 0.6% growth and missing the 0.8% Bloomberg consensus forecast. Additionally,...
Ripple CEO: Don't Kill Crypto Bill
U.Today - Ripple CEO Brad Garlinghouse is urging senators to back the Clarity Act ahead of a crucial procedural vote. Ripple CEO Brad Garlinghouse is urging senators to back the Clarity Act ahead of a crucial procedural vote.
US House Crypto Tax Bill Spares Fees Under $10, but Not Heavy Traders
Bitcoin.com - House Ways and Means Chair Jason Smith unveiled a 114-page crypto tax bill on Monday night that would stop taxing network fees under $10, setting up a committee markup on Wednesday, Sept. 16. What the Bill Actually Changes Bloomberg Government reported that Smith, a Missouri Republican, released the text on Monday night and that it […]
Bitmine Immersion Technologies Pursues Significant Annual Staking Revenue with Ether
TheCurrencyAnalytics - Bitmine Immersion Technologies is betting big on Ethereum. The company now holds more than 5.95 million ETH — worth roughly… Read the original on Bitmine Stakes Over 5 Million Ether, Aiming for $334 Million Annual Yield. For more crypto news and analysis, visit TheCurrencyAnalytics.com.
UK House of Lords Demands Comprehensive National Strategy for Digital Assets
TheCurrencyAnalytics - The vote wasn’t close. The UK House of Lords passed an amendment 194-138 demanding the Treasury build a full national… Read the original on UK House of Lords Demands Comprehensive National Digital-Assets Strategy for Treasury. For more crypto news and analysis, visit TheCurrencyAnalytics.com.
Bitcoin Recovery Driven by Federal Reserve Speculation and Iran Negotiations
TheCurrencyAnalytics - Bitcoin hit $79,000 Monday. That’s the headline. And the reasons behind the move are messier than a single number suggests.… Read the original on Bitcoin Surges to $79K as Trump Hints at Iran Deal, Oil Prices Remain High. For more crypto news and analysis, visit TheCurrencyAnalytics.com.
CLARITY Act Hits Final Stretch as Democrats Push Back Before Senate Vote
CryptoPotato - A Democratic counterproposal landed ahead of the Senate vote as lawmakers remained divided over ethics language and other CLARITY Act provisions.
State Attorneys General Urge Senate to Reject CLARITY Act
TheCurrencyAnalytics - Eighteen state attorneys general want the CLARITY Act dead. Led by New York AG Letitia James, they sent a letter… Read the original on CLARITY Act Hits Senate Wall as 18 State AGs Demand Rejection. For more crypto news and analysis, visit TheCurrencyAnalytics.com.
Strategy prioritizes $950 million STRC buyback over expanding its Bitcoin treasury
CryptoSlate - From July 20 to Sept. 13, STRC repurchases absorbed about $2.57 for every $1 Strategy spent buying Bitcoin. The post Strategy prioritizes $950 million STRC buyback over expanding its Bitcoin treasury appeared first on CryptoSlate.
How Everyday Savers Can Accidentally End Up With AI-Heavy Portfolios
Bitcoin.com - Years of AI-driven gains increased technology exposure inside index trackers, workplace pensions, and other mainstream holdings, according to Devere CEO Nigel Green. Monday’s sell-off showed how savers can acquire concentrated exposure without deliberately buying technology stocks. How AI Exposure Builds Inside Ordinary Savings Everyday savers can accumulate AI-heavy portfolios without purchasing shares in an artificial […]
CLARITY Act odds fall to 16% as key Democrats resist GOP’s ‘final’ offer
CoinTelegraph - Banking groups also said the GOP’s final text leaves stablecoin reward loopholes, while tribal gaming interests warn that its prediction market provisions threaten tribal sovereignty.
ChatGPT Told Musk's DOGE a Museum Heating Grant Was DEI
BeInCrypto - DOGE staffers used ChatGPT to flag a $349,000 museum HVAC grant as DEI, part of over $100 million in NEH cuts, filings show. The post ChatGPT Told Musk's DOGE a Museum Heating Grant Was DEI appeared first on BeInCrypto.
Less Than 10 Billionaires Have Actually Kept Their Promise to Give Away Their Fortune
Bitcoin.com - Fewer than 10 of the 256 billionaires who signed the Giving Pledge have actually followed through on giving away their fortunes, and most of the fulfillments happened only after death. Liz Baker, CEO of Greater Good Charities, argues Elon Musk is right about the challenge, saying, “as somebody who’s responsible for giving away money, yeah, […]
RWA market passes $38 billion, but liquidity is the next challenge
Cryptopolitan - The amount of tokenized real-world assets (RWAs) has surpassed $38 billion on-chain, however, that number is less significant than what’s coming next. In a report released on Monday, September 14, 2026, Castle Labs argued that the future of the industry relies on whether tokenized assets are able to move between exchanges, serve as loan collateral,...
10-Year Yield Crosses 5%: What It Means for Bitcoin and Stocks
BeInCrypto - The 10-year Treasury yield's climb back to 5% is tightening conditions, testing stock valuations and Bitcoin's rally. The post 10-Year Yield Crosses 5%: What It Means for Bitcoin and Stocks appeared first on BeInCrypto.
CoinEx to cease operation after 9 years, citing ‘significant’ crypto contraction
CoinTelegraph - CoinEx said falling trading volumes and liquidity, along with rising regulatory and compliance costs, had exceeded “reasonable boundaries,” with withdrawals remaining open until Dec. 22.
Bitcoin Is Holding Firm, Ethereum Is Pulling In Money: Here’s What Crypto Positioning Shows
CryptoPotato - Bitcoin remains relatively resilient despite technology stock weakness, while Ethereum continues to attract institutional money through strong ETF inflows.
Ripple CEO Advocates for Progress on CLARITY Act Amid Senate Debates
TheCurrencyAnalytics - Brad Garlinghouse wants the Senate to stop waiting for perfect. The Ripple CEO came out swinging Monday in support of… Read the original on Ripple CEO Urges Senate to Advance Compromised CLARITY Act Amid Bipartisan Support. For more crypto news and analysis, visit TheCurrencyAnalytics.com.
Garlinghouse Backs Bessent’s CLARITY Act Case Ahead of Senate Vote
Bitcoin.com - Ripple CEO Brad Garlinghouse backed Treasury Secretary Scott Bessent’s case for advancing the CLARITY Act, arguing the final compromise deserves Senate support. Bessent says the bill gives Treasury tools to protect community banks if stablecoin-related deposit flight emerges. Garlinghouse Backs Bessent Ahead of Senate Vote Treasury Secretary Scott Bessent pressed senators Sept. 14 to support […]
Coinbase-backed Base just exposed the uncomfortable truth about Ethereum’s L2s
CryptoSlate - Ethereum and Coinbase-backed layer-2 network Base have abandoned an effort to agree on how the next generation of crypto wallets should work. On Sept. 14, Ethlabs researcher Derek Chiang said collaboration between developers working on Ethereum’s EIP-8141 Frame Transactions and Base’s EIP-8130 broke down last week after attempts to produce a shared account-abstraction standard failed to […] The post Coinbase-backed Base just exposed the uncomfortable truth about Ethereum’s L2s appeared first on CryptoSlate.
UK Lords Defeat Government 194-138 Over Crypto Strategy
Bitcoin.com - The United Kingdom government has suffered a House of Lords defeat after peers voted 194-138 to require the Treasury to produce a national digital-assets strategy. The amendment puts fresh pressure on the U.K. to sharpen its approach to crypto, stablecoins and tokenized finance as competing jurisdictions move ahead with their own frameworks. Treasury Faces New […]
Microsoft opens draft AI Code of Conduct, betting human control sells models
Cryptopolitan - Microsoft AI (MAI) published its initial draft of the Humanist AI Code of Conduct on Monday and invited public feedback on it over six weeks, emphasizing the priority of human supervision and enforceable restrictions in its evaluation of MAI systems. According to Reuters, the model is created to enable humans to oversee MAI systems effectively....
STOCKS | Hong Kong ADRs Fall 35 Points As HSI Night Futures Rise
Binance News - U.S. stocks fell, while Hong Kong ADRs dropped 35 points, or 0.14%, to 24,883, according to Ming Pao. The current-month Hang Seng Index night futures rose 155 points to 25,028, implying a premium of 110 points.
South Korea-Middle East Container Shipping Costs Rise 1.7% In August
Binance News - According to The Korea Herald, average shipping costs for a 40-foot container from South Korea to the Middle East rose 1.7% from a month earlier to 8.83 million won ($6,544) in August, with the increase extending a run that began in March. The Korea Customs Service said the gains were driven by the prolonged geopolitical conflict in the region.
Japanese Stocks Rise in Early Trading; Dollar-Yen at 154.58/6
Binance News - Japanese stocks rose in early trading, with the Nikkei 225 Index at 63,806, up 313 points or 0.49%, according to ETNet. South Korea's KOSPI Index was last at 6,692, up 8 points or 0.12%. The dollar was quoted at 154.58/6 yen.
Senate Democrats Prepare Counterproposal to Revised CLARITY Act Text
Binance News - Senate Democrats working on the crypto market structure bill are reportedly preparing a counterproposal to Republicans’ latest revised CLARITY Act text, even after GOP lawmakers described it as their “last, best and final offer” when they released it Sunday. According to Cointelegraph, Democrats working on the bill met in Senate Minority Leader Chuck Schumer’s office on Monday, and some lawmakers remain dissatisfied with the crypto ethics language in the latest version of the text. Senator Mark Warner said, “The Democrats who’ve been working on this in good faith are sending a counterproposal,” as he exited the meeting. The move comes ahead of a crucial Senate procedural vote on Tuesday, which will determine whether the Senate can advance the bill toward floor ...
Anthropic Reportedly Picks Nasdaq for IPO as Musk Says SpaceX May Launch Nvidia AI Computer Into Space Next Year
Binance News - Anthropic PBC has reportedly chosen Nasdaq as its listing venue and is seeking to raise as much as or more than SpaceX in an IPO that could come as early as October, according to Jiemian News. Separately, Elon Musk said on social media on September 13 that he was “extremely confident” SpaceX will send Nvidia’s VR NLV72 AI computer into space next year. Jiemian News also reported that Anthropic, OpenAI and Google have been discussing cooperation to create an AI industry standards body, with working-group meetings still under way. In a separate financing update, SoftBank Group said it secured a $11.87 billion loan to support its investment in OpenAI, ...
Google Considers New Data Center Project in New Mexico's Lea County
Binance News - Google said it is considering building a new data center project in Lea County, New Mexico, and that discussions are still ongoing with many details yet to be finalized, according to Jiemian News. The company did not disclose a timeline, investment size or other project specifics.
Getty Museum Plans $270 Million Tax-Exempt Bond Sale
Binance News - The Getty plans to issue $270 million in tax-exempt bonds this week to refinance debt and keep interest-rate swap payments suspended, according to Bloomberg. The California art institution is one of the state’s most prominent museums.
Green Energy Group Wins Guangdong Land Use Rights For Storage Project
Binance News - Green Energy Group (01870) said it has won the land use rights for a site in Shaoguan, Guangdong province, through a public listing and bidding process for RMB15.78 million, or about HK$18.46 million, according to ETNet. The land covers about 29,000 square metres and is designated for power supply use. The company said the site is planned for construction and development of the Lechang 218 MW/436 MWh electrochemical independent energy storage project in Shaoguan for operational use. The consideration will be funded by internal resources and/or debt financing obtained.
Lemon Film Starts Filming Costume Drama "Ci Tang"
Binance News - Lemon Film and Television (09857) said its costume drama "Ci Tang," produced by the group, Qing Ningmeng and Tencent Video, began filming last weekend on the 12th, according to ETNet. The company also announced the main creative and lead cast lineup. The series is written by Xiang Xiaoyuan, Ren Zhuangliu and Lang Nuolin, directed by Guo Hu, with Qi Shuai as chief producer, Fang Yanzhi as executive producer, and starring Lu Yuxiao and Zhang Linghe.
Democrats push back on GOP’s ‘final’ CLARITY offer with counterproposal: Politico
CoinTelegraph - Some Democrats remain dissatisfied with the bill’s crypto ethics provisions and will be sending a counterproposal just hours before a key procedural vote.
Tom Lee Agrees With Mark Zandi That the Fed Can Wait on Policy Decisions
Binance News - Tom Lee said on X that he agrees with Mark Zandi’s view that the Federal Reserve does not need to choose immediately between two options and can wait. According to Odaily, Goldman Sachs expects the supply shock pushing core PCE higher to be 1.75 percentage points now and to ease by 100 basis points to 0.75 percentage points by early 2027. Lee also said markets may rise after an event when investors have already prepared for negative news.
Cornelis Raises $205 Million to Expand AI Networking Technology
Binance News - Cornelis has raised $205 million in a funding round led by IAG Capital Partners. According to ChainCatcher, the AI networking company was spun out of Intel in 2020 and develops network technology designed to help AI chips communicate more efficiently. The company said its Active Compute Fabric product aims to reduce wasted GPU time spent waiting for data by allowing chips to process and send information at the same time. Cornelis is positioning its open architecture as an alternative to Nvidia, allowing customers to use multiple GPU and accelerator hardware options on its network architecture. ...
Bitcoin Surges Amid Anticipation of Federal Reserve Decisions and Legislation
TheCurrencyAnalytics - Bitcoin crossed $70,000. It didn’t ease into it — the move came fast, pulling the asset up from around $60,000… Read the original on Bitcoin Soars Past $70K as Fed Rate Hike and Clarity Act Approach. For more crypto news and analysis, visit TheCurrencyAnalytics.com.
China's Electronic Yarn and Cloth Prices Rise as AI Demand Lifts PCB Consumption
Binance News - Latest data from Zhuochuang Information showed that prices for mainstream domestic electronic yarn products G75 and 7628 electronic cloth have risen sharply, with many manufacturers further increasing prices for some high-end electronic yarn models. He Li, general manager of Beijing Zhizhiyizhi'an Investment Management Co., said the price increases are mainly driven by AI-related demand upgrades, while effective supply expansion has lagged behind. He said high-end AI server PCBs use about three to five times as much electronic cloth per unit as traditional servers, and manufacturers are also shifting equipment and capital toward higher-value products such as thin cloth and low-dielectric cloth, squeezing supply of standard electronic cloth. According ...
Polymarket Orioles Option Jumps 15% in Baltimore Orioles vs. New York Mets Market
Binance News - The Baltimore Orioles option in Polymarket’s Baltimore Orioles vs. New York Mets event rose sharply from 42.5% an hour ago to 57.5%, a 15 percentage point increase. According to ChainCatcher, the move reflects a sudden swing in the prediction market and may be affected by breaking news.
Lenovo Converts And Cancels 2029 Convertible Bonds In Full
Binance News - Lenovo Group (00992) said all of its 2029 convertible bonds have been fully converted and cancelled. Between last Thursday and yesterday, convertible bonds with a principal amount of $29.675 million, or about 4.4% of the original principal, were converted at the current conversion price of HK$8.37 per share, according to ETNet. About 27.79 million conversion shares were issued and credited as fully paid, representing about 0.22% of the total shares in issue immediately after the conversion. Lenovo said there are no outstanding issued 2029 convertible bonds, and it has applied to the Hong Kong Stock Exchange to withdraw the listing of ...
Thailand Targets $602 Million Tourism Lift With Domestic Travel Subsidies
Binance News - Thailand is targeting more than 20 billion baht, or $602 million, in additional tourism spending through a domestic travel stimulus, according to Bloomberg. The plan is aimed at supporting the country’s tourism sector after weaker foreign arrivals and higher energy costs.
Botech Auto Receives Designation Notice From High-End NEV OEM For Overseas Models
Binance News - Botech Auto (02889) said it has received a designation notice from a domestic leading high-end new-energy vehicle OEM and has been selected as supplier for the next-generation overseas model under the customer's flagship brand, according to ETNet. The company will develop and mass-produce an intelligent cockpit domain controller and AI interaction system based on Qualcomm's 8397 next-generation cockpit chip platform. Botech Auto said the notice is only an intention to start the project and does not amount to a formal supply contract, while actual supply volume and order value will depend on the final agreement and actual orders. ...
Duojia Holdings Says Suspension Hurdles Largely Cleared After Forensic Review
Binance News - Duojia Holdings (02479) said an independent investigator has completed a forensic review of chip prepayments, cash management notes and recharge service prepayments, and found the three types of transactions had some commercial rationale and substance, according to ETNet. The company said internal control weaknesses were identified in areas including due diligence before investment, risk identification, supplier management, internal approvals, and contract and seal management. It added that with the resignation of the former management and strengthened controls, the obstacles to resuming trading have been largely removed, but its shares remain suspended. ...
Bonk Guy Says PONS Fundamentals Improved as Daily Revenue Tops $1 Million
Binance News - Bonk Guy said PONS fundamentals have improved during the recent consolidation period, with daily revenue staying above $1 million over the past two weeks even as interest in Robinhood Chain eased. According to Odaily, he said 80% of protocol revenue continues to be used to buy back and burn PONS, and more than 30% of the token supply has already been permanently destroyed. He added that Pons now holds about 75% to 80% of the Robinhood Chain Launchpad market. Based on current data, annualized fees and revenue are about $829 million and $159 million, respectively, while PONS has a market capitalization of about $430 million. By comparison, PUMP has annualized fees and revenue of ...
Thune Signals Congress May Move On AI Guardrails
Binance News - According to Axios, Senate Majority Leader John Thune said Congress has a role in AI oversight and that “guardrails” make sense for frontier models, while also backing a “light touch” approach that would not stifle innovation. Thune said he sees “potential consequential risks” from AI but added that people often create worst-case scenarios, and he left open the possibility of Senate action on a House bill aimed at ensuring communities do not pay more for data centers’ power use. He said he spoke with Sen. Amy Klobuchar on Saturday night about their AI bill, which would require companies building frontier AI models to guard against catastrophic risks and submit to federal oversight, and said he has been working with Commerce Chair Ted Cruz to reintroduce it ...
STOCKS | HKEX Lists Top 10 Southbound Turnover Stocks On The 14th
Binance News - Hong Kong Exchanges and Clearing said the top 10 most actively traded stocks under Southbound Trading via Shanghai and Shenzhen on the 14th included Zhihu (02513), ZTE? No, the source listed Zhipu (02513), Tencent (00700), Alibaba (09988), Xiaomi (01810), CNOOC (00883), SMIC (00981), Lens Technology? No, the source listed Changfei Optical Fiber and Cable (06869), Kingboard Laminates (01888), Cambridge Technology (06166), MiniMax (00100), Kingboard Holdings (00148), WuXi Biologics (02269), Lenovo Group (00992) and Akeso (09926), according to ETNet. In the Shanghai-bound list, Zhipu recorded the largest net buy at HK$845.92 ...
AI | David Sacks Says Anthropic, OpenAI Should Build Safe Products Without Antitrust Help
Binance News - David Sacks, co-chair of the President’s Council of Advisors on Science & Technology, said Anthropic PBC and OpenAI should make safe products and slow their own progress if needed without government intervention, according to Bloomberg. He made the comments Monday in an interview with Bloomberg TV.
SIG Plans Hong Kong Office Expansion to Access China ETF Market
Binance News - U.S. quantitative trading firm Susquehanna International Group (SIG) is planning to expand its office space in Hong Kong to better access China's ETF market, according to Jiemian News. The report said long-term allocation money from insurers and bank wealth-management products, as well as more flexible institutional funds such as brokerages, private funds and trusts, have also been active in the ETF market this year. Private fund data provider Simu Pai Pai Wang said nearly 100 private funds appeared among the top 10 holders of ETFs launched in the same period in the first half of the year. An analysis report published by E Fund in June through the Asset Management Association of China said insurance capital held nearly 370 billion yuan of equity ETFs by the end of ...
Ant Group’s Fund Platform Becomes First Single Distributor to Top 2 Trillion Yuan in Non-Money-Market Fund Assets
Binance News - China's Asset Management Association of China latest disclosure showed that Ant Fund's non-money-market fund assets under custody reached 2.21 trillion yuan, making it the first single fund sales institution to exceed 2 trillion yuan in non-money-market fund assets. Jiemian News reported that the industry is seeing more fund distributors shift from selling single products toward asset allocation and buyer-side advisory services, reshaping the sector's business model.
STOCKS | Oracle Begins Another Round of Layoffs Amid Expanded AI Spending
Binance News - Oracle has reportedly started another round of layoffs. According to Sina Finance, citing foreign media, the layoffs formally began on Monday, and an internal document showed that some teams faced cuts of double-digit percentages. The report said a copy of the layoff notice email stated that, after careful consideration of Oracle's current business needs, the company decided to eliminate the recipient's position as part of a broader organizational restructuring, making that day the employee's last day at the company. The layoffs follow earlier cuts this year. Oracle first disclosed a ...
Supreme Court Rejects Trump Administration Bid to Lift Block on Mail Voting Rule
Binance News - According to CNBC, the U.S. Supreme Court on Monday night rejected a Trump administration request to lift a judicial block on a controversial rule that would restrict voting by mail in the upcoming midterm elections.
US Judge Blocks Trump Rule Limiting Foreign Students’ and Journalists’ Stay
Binance News - A federal judge in the United States on Monday suspended enforcement of a new Trump administration rule that would limit how long foreign students, journalists, and other nonimmigrant visa holders can stay in the country without a visa extension. According to Sina Finance, Boston federal district judge F. Dennis Saylor issued the ruling one day before the administration had planned to put the rule into effect. The U.S. Department of Homeland Security announced the rule in July as part of the Trump administration's broader effort to tighten immigration controls, saying it was aimed at what it called visa abuse by foreign students, exchange ...
UK Could Add £15 Billion in Oil, Gas Tax Revenue by Advancing New Regime
Binance News - The UK could raise an additional £15 billion ($20 billion) in tax revenue from oil and gas production over the next decade if Prime Minister Andy Burnham’s government brings forward its new fiscal regime to next year, according to Bloomberg reported. The estimate came from an industry lobby group.
Situational Awareness Fund Faces New Losses Amid AI Options Gamble
TheCurrencyAnalytics - Leopold Aschenbrenner can’t catch a break. Less than two months after Situational Awareness suffered what’s been called one of the… Read the original on Situational Awareness Fund Faces New Losses After AI Stock Options Crash. For more crypto news and analysis, visit TheCurrencyAnalytics.com.
Revolut Data Leak Reveals Bitcoin Transactions of Gamdom's CEO Felix Römer
TheCurrencyAnalytics - Attackers are leaking Revolut customer data one drip at a time — and they want money to stop. The group… Read the original on Gamdom CEO Felix Römer’s Bitcoin Transactions Exposed in Revolut Ransomware Attack. For more crypto news and analysis, visit TheCurrencyAnalytics.com.
U.S. Government Watchdog Says War Caused Strategic Stock Shortages
Binance News - According to Wallstreetcn, a U.S. government watchdog on September 14 released its first report on the impact of the U.S.-Iran war, acknowledging shortages in advanced U.S. weapons stockpiles and disclosing damage to U.S. military aircraft, military bases, and diplomatic facilities in the Middle East. The Pentagon inspector general's report said the war caused "strategic stock shortages" and exposed industrial capacity bottlenecks in ammunition replenishment, while experts had previously estimated it could take about three years for the U.S. military to restore advanced missile and air-defense interceptor inventories to prewar levels.
Samsung Backs Dutch AI Chipmaker Euclyd in $231 Million Funding Round
Binance News - According to CNBC, Samsung backed Dutch AI chipmaker Euclyd in a $231 million funding round as investment in alternatives to Nvidia's GPUs accelerates. Euclyd CEO Bernardo Kastrup said the company's 200-million-euro Series A was co-led by Somerset Capital Partners, the Scaleup Europe Fund managed by EQT, and Innovation Industries, alongside Samsung. Founded in 2024, Euclyd is developing an AI chip system for inference with a different architecture from GPUs, including processor and memory architecture. Kastrup said the company aims to reduce the energy needs and costs of AI data center infrastructure and is targeting two revenue streams: hardware and physical rack systems for enterprise customers seeking secure self-hosted AI inference, and intellectual property ...
South Korea's August Import Prices Fall 2.4% as Won Strength Offsets Oil Gains
Binance News - South Korea's import prices fell for a third straight month in August, with the won's strength partly offsetting higher oil prices tied to Middle East conflict. According to Sina Finance, preliminary data from the Bank of Korea showed the import price index fell 2.4% month on month, after declines of 1.0% in July and 4.2% in June. The Bank of Korea said import prices fell because the won appreciated 6.1% against the U.S. dollar over the month, partly offsetting a 15.6% month-on-month rise in Dubai crude, South Korea's benchmark oil price. The central bank said raw material prices rose 1.5% in August, while intermediate goods prices fell ...
Venezuela's Acting President Delcy Rodriguez Plans to Attend UN General Assembly
Binance News - According to Sina Finance, people familiar with the matter said Venezuela's acting president, Delcy Rodriguez, plans to travel to New York next week to attend the United Nations General Assembly. The trip would be an important step in the rapid normalization of relations between Caracas and the Trump administration. People familiar with the matter said Rodriguez would be the first Venezuelan head of state to attend the assembly in nearly a decade. The last was Nicolas Maduro, who attended in September 2018 during U.S. President Donald Trump's first term. Sources said Rodriguez is expected to hold several high-level ...
Mauritania Summons Iranian Ambassador Over 'Unacceptable' Actions
Binance News - Mauritania's Foreign Ministry summoned Iran's ambassador on September 14 local time and lodged a formal protest over certain actions and activities it said were "inconsistent with diplomatic norms and traditions," according to Jiemian News. The ministry said it wants the Iranian mission to strictly follow diplomatic norms and relevant rules, respect Mauritania's sovereignty, and refrain from interfering in its internal affairs, while still hoping to maintain bilateral ties. Mauritanian officials have not disclosed what specifically triggered the diplomatic dispute, and Iran had not responded as of the report.
Federal Judge Orders EPA to Reverse Reclassification of California Clean Air Act Waivers
Binance News - According to Wallstreetcn, a U.S. federal judge ruled that the Environmental Protection Agency must withdraw its decision to reclassify two Clean Air Act waivers granted to California as "rules" rather than "orders," and must "withdraw or correct" the move in all public statements while preventing the reclassification from taking effect. Congress is moving ahead with votes to use the Congressional Review Act to overturn the waivers, and the House plans to vote on two resolutions introduced in August on Tuesday and Thursday.
NSA to Launch Major Internal Reorganization, Create Five New Units
Binance News - According to Wallstreetcn, The Washington Post reported on the 13th that the U.S. National Security Agency (NSA) will begin its largest internal reorganization in at least a decade, creating five new units responsible for artificial intelligence, China affairs, cybersecurity, operational support or operations, and global intelligence.
Hong Kong Five-Year Plan Likely to Emphasize Offshore Yuan Use
Binance News - Measures to broaden offshore use of the yuan are likely to be a key part of Hong Kong’s first five-year plan, along with new financial products such as commodities futures, according to analysts, Bloomberg reported. The plan is expected to highlight efforts to boost the currency’s popularity outside mainland China.
Samsung Electronics Faces Hedge Fund Push to Cancel Preferred Shares
Binance News - A South Korean hedge fund is urging Samsung Electronics Co. to buy back and cancel preferred shares, according to Bloomberg. The investor is among the first shareholders to directly press Samsung to take the step in hopes of boosting valuation.
China Tightens Exit Rules For Tech Export Violations
Binance News - According to CNBC, China is formally restricting its citizens from leaving the country if they violate tech export controls, with the new rules taking effect Tuesday. The measures build on oversight of overseas investment that began July 1 and are aimed at closing loopholes that allowed people and money to leave China without Beijing's approval. Shuai Peng, CEO of Lex Magister, said companies expanding abroad need to assess compliance, especially when executives are negotiating overseas. He said semiconductor and artificial intelligence firms are likely to be most affected, though the rules apply across industries, and he does not expect them to materially limit participation in international conferences such as CES in Las Vegas. Guo Shan, a partner at Hutong Research, ...
Polymarket Dodgers-Reds Submarket Sees Sharp Odds Swing
Binance News - A Polymarket submarket tied to the Los Angeles Dodgers vs. Cincinnati Reds game saw the Cincinnati Reds option in the first five innings run line -1.5 jump from 17.5% one hour earlier to 49.5%, according to Catcher Predict monitoring. According to ChainCatcher, the move reflected a 32% swing and was flagged as potentially affected by breaking news.
Circle’s Arc launch ties Wall Street firms to the network without making them its safety net
CryptoSlate - Ahead of the planned Sept. 16 launch, institutional validators offer ledger accountability without a blanket guarantee for applications or losses. The post Circle’s Arc launch ties Wall Street firms to the network without making them its safety net appeared first on CryptoSlate.
U.S. Treasury Secretary Bessent Says CLARITY Act Is Key to U.S. Tech Competition
Binance News - U.S. Treasury Secretary Scott Bessent said the CLARITY Act is critical to helping the United States win the global competition in new technologies. According to ChainCatcher, he said the GENIUS Act was passed to ensure that stablecoin infrastructure, which he described as a revolutionary financial technology, is built in the United States. Bessent said protecting the continued health of the U.S. community banking sector has been a consistent focus since he took office. He said the administration’s dual emphasis on promoting new digital technologies and adjusting community bank regulation is key to economic growth, and that the ...
Senate Democrats Remain Split Over Clarity Act Ethics Provisions
Binance News - More Senate Democrats who had been willing to support the Clarity Act remain dissatisfied with the bill’s current ethics provisions, according to reports by Eleanor Mueller and Brendan Pedersen. According to Odaily, Ruben Gallego and Angela Alsobrooks, who backed Senate Banking Committee Republicans’ effort to advance the bill out of committee in May, have not yet taken a position, while Kirsten Gillibrand is urging colleagues to vote yes tomorrow so the measure can move to full Senate consideration and further debate.
GEOPOLITICS | Kraft Bars Macklemore From Boston Stop on Ed Sheeran Tour
Binance News - Robert Kraft barred Macklemore from appearing during the Boston leg of Ed Sheeran’s concert tour after the rapper made pro-Palestinian comments at a recent show, according to Bloomberg. The source said Kraft’s protest led to Macklemore being dropped from the appearance.
Authentic Brands Group Eyes IPO as Early as First Half of Next Year
Binance News - Authentic Brands Group, which licenses Elvis Presley’s image and the Reebok sportswear brand, could pursue an initial public stock offering as early as the first half of next year, according to Bloomberg.
Japan Ministries Propose Just 17 Billion Yen in Budget Cuts
Binance News - According to Nikkei Asia, Japanese government ministries and agencies have proposed budget cuts totaling just 17 billion yen ($110 million) so far under Tokyo's version of the U.S. DOGE budget efficiency initiative. The figure suggests limited appetite in the bureaucracy for spending reductions.
Stock Futures Near Flat Ahead Of Fed Policy Decision
Binance News - According to CNBC, U.S. stock futures were little changed Monday evening as traders awaited the Federal Reserve's policy decision later this week. S&P 500 futures rose 0.07%, Dow Jones Industrial Average futures gained 28 points, or 0.05%, and Nasdaq 100 futures advanced 0.08%. In the regular session, the Dow fell 152 points, or 0.3%, the S&P 500 lost 0.5%, and the Nasdaq Composite slipped about 0.6%. AI-related stocks weighed on the market after Anthropic CEO Dario Amodei called for a slower pace of AI development, while OpenAI CEO Sam Altman ruled out an initial public offering this year. Nvidia dropped 3%, Corning tumbled 13%, and the iShares AI Innovation ...
SEC Chairman Urges Congress to Advance CLARITY Act
Binance News - SEC Chairman urges Congress to advance the CLARITY Act and send it to the President's desk as soon as possible. According to NS3.AI, Project Crypto is the SEC's agency-wide effort to establish the United States as the Crypto Capital of the World. The SEC has also proposed Regulation Crypto Assets to create a legal framework for crypto projects. The chairman said the administration will deliver for investors and technological innovators with or without the legislation.
Senate Democrats Plan Clarity Act Strategy Meeting Ahead of First Major Test
Binance News - Senate Democrats are expected to meet tonight to discuss their strategy on the Clarity Act and coordinate a counterproposal to the text Republicans released last night, according to a Fox Business crypto reporter on X. According to Odaily, Republicans said the text was their "last, best and final" offer, and the bill will face its first major test on the Senate floor in less than 24 hours.
OpenAI Lobbyist Lehane Meets Lawmakers on Capitol Hill
Binance News - According to Wallstreetcn, OpenAI top lobbyist Lehane met with lawmakers on Capitol Hill on Monday and also planned to meet with congressional leadership.
WTI Crude Futures Open 0.7% Higher as Iran Says No Talks With U.S.
Binance News - According to Wallstreetcn, WTI crude futures opened 0.7% higher in early Asia-Pacific trading on Tuesday, while Iran said there had been no dialogue with the United States and Iran's Revolutionary Guards said an oil tanker exploded after hitting a mine while trying to cross the strait.
Microsoft Seeks Public Input on AI Ethics Code Draft by CEO Suleyman
TheCurrencyAnalytics - Microsoft put out a draft Code of Conduct for its AI models this week, and CEO Mustafa Suleyman is asking… Read the original on Microsoft Seeks Public Input on AI Ethics Code as CEO Unveils Draft Regulations. For more crypto news and analysis, visit TheCurrencyAnalytics.com.
Vitalik Buterin Says Crypto Anti-Collusion Rules Could Apply to AI Safety
CryptoPotato - Buterin's past work on harmful coordination on a blockchain may offer a blueprint for managing increasingly autonomous AI agents.
U.S. Air Force Secretary Says U.S. Has “On-Orbit” Space Control Weapons
Binance News - According to Wallstreetcn, U.S. Air Force Secretary Troy Meink said at the annual Aerospace, Space and Cyber Conference in Maryland that the United States already has “on-orbit” space control weapons, and The Washington Post reported that this was the first U.S. acknowledgment of “offensive capabilities” in space.
AI | McKinsey’s Kate Smaje Says Boardrooms Are Focused on AI Scale and Profitability
Binance News - Kate Smaje of McKinsey said warnings from AI leaders and researchers about slowing development are fueling an important debate over AGI, risk, pace and patience. Bloomberg reported she said the discussion in boardrooms is different, with executives who have already invested heavily in AI now focused on whether the tools can scale, deliver profitability and remain sustainable. She made the comments on "The Close" with Romaine Bostick and Isabelle Lee, according to Bloomberg.
XRP holders could earn new yield, but getting out may take up to 60 days
CryptoSlate - Firelight's planned coverage rollout would lengthen withdrawals while eligible claims could reduce exiting collateral after emissions stop. The post XRP holders could earn new yield, but getting out may take up to 60 days appeared first on CryptoSlate.
Costco Limits Motor Oil Purchases As Prices Rise
Binance News - According to CNBC, Costco has imposed purchase limits on some motor oil products and raised prices as crude oil markets tighten. The warehouse club set a limit of one transaction per membership, with a maximum of two units every seven days, on its Kirkland Signature full synthetic motor oil two-pack, which now costs $57.99, up from a typical range near $30. Sales of Mobil 1 motor oil on Costco's website are also capped at five per membership at $43.99 for a six-pack of 1-quart bottles. Brent crude traded above $109 per barrel Monday morning before closing at $105.68 a barrel, while West Texas Intermediate settled at $101.39 a barrel ...
Trump Calls AI Data Centers the 'Oil of the Next 20, 25 Years'
Binance News - According to CNBC, U.S. President Donald Trump said AI data centers are the "oil of the next 20, 25 years" after Nvidia CEO Jensen Huang put him on speakerphone during Huang's appearance at the All-in Summit in Los Angeles. Trump also said the concerns around AI and data centers are a "hoax" and a "scam," argued that additional AI regulation is unnecessary, and praised data center construction as a source of wealth for states and people. He told Huang, "I'm with you all the way," while Huang replied, "We're not going to let that happen, sir."
Starlink Alternatives in 2026: The Best Satellite Internet Provider Compared
Cryptopolitan - The satellite internet market completely changed when Starlink arrived. Cryptopolitan has been actively covering the progress of SpaceX and Starlink – from the company’s Pentagon contracts to serious network failures and geopolitical endeavors. Previously, people in rural areas lacked both fiber and cable internet infrastructure. While Starlink offers big advantages such as internet connectivity without...
STOCKS | MRA Strategist Sees S&P 500 Falling 10% on Fed Hikes
Binance News - Potential Federal Reserve rate hikes starting this week could trigger a correction in the S&P 500 as lower corporate margins weigh on profit outlooks, according to Macro Risk Advisors LLC. The firm said markets are bracing for a tightening cycle, Bloomberg reported.
OpenAI’s Sam Altman Warns Humans Could Lose Control of AI
Decrypt - The OpenAI chief called for safeguards during training and shared industry standards, saying developers can act before legislation arrives.
Stephen Feinberg to Brief House Lawmakers on Pentagon's $1.5 Trillion 2027 Budget Need
Binance News - According to Wallstreetcn, Defense Department Deputy Secretary Stephen Feinberg is expected to brief House lawmakers on Thursday about the Pentagon's $1.5 trillion funding need for fiscal 2027 in a closed, classified meeting. Billionaire Stephen Feinberg, co-founder of Cerberus Capital Management LP, will deliver the briefing, while U.S. President Donald Trump's "war secretary" Pete Hegseth met with lawmakers earlier this year to defend the unprecedented Pentagon budget increase and push a partisan budget plan aimed at the $1.5 trillion total.
Bitcoin News | Bitcoin Hits $79,000 With Fed Hike Odds at 92.7%
Binance News - Bitcoin returned above $79,000 after Monday's Wall Street open, gaining around 3% on the day as markets dissected mixed signals over the US-Iran war.The move followed comments from President Donald Trump raising prospects of a peace deal."The failing Nation of Iran wants to make a deal, quickly and badly. I will determine whether or not the U.S.A. will choose to engage — The concept of which we are open to," he wrote on Truth Social.The Two 50-Week Lines Sit $3,650 ApartBitcoin returned above its 50-week exponential moving average at $77,430 after initially closing the weekly candle below it. The 50-week EMA is a key support target for a bull-market comeback.That line is distinct from the 50-week simple moving average at $81,081, which rejected Bitcoin at an $81,265 intraday ...
U.S. Central Command Says Iran’s Claim About Panama-Flagged Tanker Hitting Mine Is False
Binance News - According to Wallstreetcn, U.S. Central Command said the Iranian Revolutionary Guard Corps' claim that a Panama-flagged tanker recently hit a mine in the Strait of Hormuz was false, and said the tanker Al-Ghayah was hit by an Iranian missile last month and lost the ability to sail. It said Iran again attacked the tanker with drones this weekend while it was anchored in waters off Oman, and that the vessel is now being towed with help from regional partners.
U.S. President Donald Trump Defends Iran Policy, Says He Is Open to Talks
Binance News - According to Wallstreetcn, U.S. President Donald Trump posted multiple messages on social media on the 14th defending his Iran policy, saying he was open to negotiations with Iran and that the U.S. helped transport oil in the Strait of Hormuz, with countries expected to pay the U.S. for escort services.
Al Green Plans House Impeachment Vote Against Trump This Week
Binance News - According to Axios, Rep. Al Green (D-Texas) said he will force a House impeachment vote against President Trump during the legislative business of Sept. 14-17, prompting sharp criticism from fellow House Democrats who called the move a distraction ahead of the chamber's final week in session before midterm Election Day. Green said the vote would be based on the killings of Renée Good, Alex Pretti, Lorenzo Salgado Araujo and Johan Sebastián Durán Guerrero by federal immigration officers. He has tried to impeach Trump multiple times before, including in 2017, 2018 and twice last year, but those efforts were blocked in bipartisan procedural votes. Some Democrats said they may vote for the measure anyway if Green forces it, while Rep. Shri Thanedar (D-Mich.) ...
Tema Launches DICE ETF Tied to SpaceX and Prediction Markets
Binance News - Tema ETFs’ Paisley Nardini discussed the Tema Trading & Prediction Markets ETF, ticker DICE, and the Tema Space Innovators ETF, ticker NASA, on Bloomberg ETF IQ, according to Bloomberg. The interview did not include additional details on the funds’ holdings, launch timing or performance.
Mike McGlone Warns Investors Ahead of Wednesday's Fed Rate Hike
Binance News - Macro analyst Mike McGlone warned investors to be very careful ahead of Wednesday's Fed rate hike. According to NS3.AI, he said Bitcoin's chart shows an island bottom bull flag and noted that the asset has held near $78,000 for three straight weeks. Polymarket priced a September hike at roughly 80%.
17 State Attorneys General Put the Clarity Act in Their Crosshairs After Senators Release New Version of Crypto Bill
DailyHODL - A group of bipartisan state attorneys general is wading into the Clarity Act debate as the Senate prepares for an upcoming procedural vote on the controversial crypto market structure legislation. U.S. Senate Banking Digital Assets Subcommittee Chair Cynthia Lummis (R-WY) released the latest version of the Clarity Act on Sunday, outlining “126 Democrat wins” she […] The post 17 State Attorneys General Put the Clarity Act in Their Crosshairs After Senators Release New Version of Crypto Bill appeared first on The Daily Hodl.
Sysco Seeks $1 Billion Share Sale to Help Fund Jetro Deal
Binance News - Sysco Corp. is seeking to raise $1 billion in a share sale to help finance its $29.1 billion acquisition of Jetro Restaurant Depot LLC, according to Bloomberg.
Jack Mallers Says Bitcoin and AI Could Help Humans Regain Time for Creative Work
Binance News - Strike CEO Jack Mallers said Bitcoin and artificial intelligence could help humans regain time for creative work. According to NS3.AI, Mallers said hard money rewards time and energy well spent. He also noted that Bitcoin gained about 25% in August and closed the month near $78,000.
BCE Plans Saskatchewan Data Center Expansion to 1.2 Gigawatts
Binance News - BCE Inc. plans to expand its data center campus in Saskatchewan to as much as 1.2 gigawatts of capacity, according to Bloomberg. The company announced the plan Monday.
Yemen's Houthis Say They Intercepted Two Saudi Fighter Formations Over Saada
Binance News - According to Wallstreetcn, Houthi military spokesman Yahya Saree said Houthi air defenses intercepted two formations of Saudi fighter jets over Yemen's Saada province on the 14th, including Typhoon and F-15 aircraft that took off from air bases in Khamis Mushait and Taif, and that several homemade surface-to-air missiles forced them to retreat and return.