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AI Summary

  • Coinbase CEO Brian Armstrong expressed optimism about the passage of the Digital Asset Market Clarity Act following meetings with U.S. lawmakers, asserting it could bring significant regulatory clarity to the crypto industry.
  • The SEC has streamlined the listing process for crypto ETFs, enabling faster approvals and potentially increasing investor access to digital asset products, a move anticipated to boost institutional interest in the market.
  • Binance's founder publicly acknowledged rival DEX Aster amidst a surge of trading activity and price highs for HYPE tokens, which have reached an all-time high, indicating growing investor sentiment in alternative digital assets.
  • Ethereum co-founder Vitalik Buterin defended the blockchain's 45-day withdrawal queue after criticism from market executives, as a significant amount of ETH is currently awaiting withdrawal, which could lead to selling pressure.
  • The recent interest rate cut by the Federal Reserve, perceived as a move to stimulate the economy, has impacted Bitcoin's price stability, causing it to remain below critical levels while the market anticipates further movements in the coming days.

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Cointelegraph

  1. Coinbase CEO says the next major crypto bill is a ‘freight train’ cointelegraph.com 2 hours ago by Cointelegraph by Brayden Lindrea

    Coinbase CEO Brian Armstrong said he has never been more bullish about the Digital Asset Market Clarity Act being passed after his time in Was…

  2. HYPE hits an all-time high as Binance founder shouts out rival DEX Aster cointelegraph.com 2 hours ago by Cointelegraph by Martin Young

    HYPE tokens closed at nearly $60 in an all-time high after 8% daily gains, while Binance-backed rival ASTER surged 350%.

  3. Memecoiners erect a 12-foot golden Trump Bitcoin statue near US Capitol cointelegraph.com 2 hours ago by Cointelegraph by Jesse Coghlan

    Livestreamers on Pump.fun placed a golden statue of Donald Trump holding a Bitcoin outside the US Capitol as part of a memecoin stunt.

  4. Vitalik Buterin finally pushes back after weeks of staking queue FUD cointelegraph.com 3 hours ago by Cointelegraph by Martin Young

    Ethereum co-founder Vitalik Buterin defended his blockchain’s 45-day exit queue after Galaxy Digital’s head of digital called it “troubling,” …

  5. US crypto tsar David Sacks denies overstaying his job amid Warren scrutiny cointelegraph.com 3 hours ago by Cointelegraph by Ciaran Lyons

    A total of 167 workdays have passed since Trump’s inauguration — though David Sacks’ team reportedly insists he has been cautious not to excee…

More in Cointelegraph …

CoinDesk

  1. Asia Morning Briefing: Bittensor’s dTAO Shows a Retail Path to AI Exposure Beyond Robinhood’s SPVs coindesk.com 6 hours ago by Sam Reynolds
    Markets, btc, ETH, TAO, News

    GOOD MORNING, ASIA. HERE'S WHAT'S MAKING NEWS IN THE MARKETS: Welcome to Asia Morning Briefing, a daily summary of top stories during U.S. ho…

  2. SEC Makes Spot Crypto ETF Listing Process Easier, Approves Grayscale's Large-Cap Crypto Fund coindesk.com 7 hours ago by Krisztian Sandor
    Policy, SEC, Crypto ETF, Paul Atkins, Grayscale, Top Stories, Breaking News, News

    The U.S. Securities and Exchange Commission (SEC) on Wednesday approved a set of rules for exchanges to list exchange-traded products (ETPs) h…

  3. First U.S. XRP ETF Launches Sept. 18, CME to List Options on XRP Futures Oct. 13 coindesk.com 9 hours ago by Siamak Masnavi
    Markets, XRP, DOGE, SOL, ETFs, News

    XRP is drawing fresh attention from traditional finance as new products roll out in both securities and derivatives markets, broadening access…

  4. Crypto Platform Bullish's Second Quarter Earnings Beats Wall Street's Estimates coindesk.com 9 hours ago by Helene Braun
    Markets, Bullish, Earnings, Stock, News

    Bullish (BLSH), the owner of CoinDesk, earnings per share beat average analyst estimates, while expecting higher adjusted Ebitda for the next …

  5. Crypto Exchange Kraken Sees Handful of Senior Execs Depart: Source coindesk.com 12 hours ago by Will Canny
    Finance, Kraken, Crypto Exchange, Jobs, Exclusive, News

    Kraken, the cryptocurrency exchange preparing for a potential public listing in the U.S. early next year, has seen the departure of four senio…

More in CoinDesk …

Decrypt

  1. Australia's Regulator Eases Rules on Stablecoin Intermediaries decrypt.co an hour ago by Vismaya V
    Law and Order

    Australia's ASIC signaled the relief could be extended to more issuers as additional stablecoins obtain AFS licences.

  2. SEC Clears Path for ‘Waves’ of Crypto ETFs With New Listing Standards decrypt.co 3 hours ago by Vince Dioquino
    Law and Order

    Generic rules for commodity trusts have been approved, opening a faster route for crypto ETFs beyond Bitcoin and Ether.

  3. Where Is Bitcoin Headed Next Following Fed Chair Powell's Remarks? decrypt.co 5 hours ago by James Rubin,Mathew Di Salvo
    Markets

    After the Fed decision on Wednesday, analysts Decrypt spoke with were upbeat that Bitcoin would rise throughout the remainder of 2024.

  4. FBI Asks SafeMoon Victims for Info Amid Restitution Efforts decrypt.co 6 hours ago by Vince Dioquino
    Coins

    The FBI is seeking information from SafeMoon investors after Karony’s conviction, as experts warn restitution in DeFi remains complex.

  5. Sell the News? Bitcoin Market Shrugs Off Fed Moves: Analysis decrypt.co 8 hours ago by Jose Antonio Lanz
    Markets

    Bitcoin fell, but only slightly, after the Fed cut rates. The charts suggest consolidation before the next big move, though prediction markets…

More in Decrypt …

AMBCrypto

  1. 2025’s crypto boom - Why some fear a crash is coming next eng.ambcrypto.com an hour ago by Ritika Gupta
    Bitcoin, Altcoins, Crypto News, Social, Trading View, BTC Trading View

    Key Takeaways What keeps the risk of a crypto crash alive despite ETFs? Macro shocks, ETF outflows, and fading on-chain activity all seemed to…

  2. 5 Best Cryptos to Buy for 2025: Why LILPEPE Is Investors Top Pick? ambcrypto.com 2 hours ago by AMBCrypto Team
    Press Release, HideCryptopanic

    The market is heating up as the next bull rally approaches, and investors are seeking the best cryptos to buy before momentum takes hold. Whil…

  3. PancakeSwap soars as Binance users dominate: $3.25 next for CAKE? ambcrypto.com 3 hours ago by Olayiwola Dolapo
    News 1, Social, Trading View, Altcoin, News

    Key Takeaways Why is CAKE showing strong bullish momentum? Trading volume surged to $2.3 billion, with Binance investors dominating derivative…

  4. Ethereum steadies as sellers lurk: Can $4.5K hold for long? ambcrypto.com 4 hours ago by Vivaan Acharya
    News 1, Social, Trading View, Altcoin, Ethereum, News

    Key Takeaways Why are Ethereum holders bullish now? Exchange Reserves dropped 128k ETH, while Active Addresses jumped 108k, signaling accumula…

  5. Story [IP] surges 9%, defends key support: Is $11.8 within reach? ambcrypto.com 5 hours ago by Gladys Makena
    News 1, Social, Trading View, Altcoin, News

    Key Takeaways Why did IP rally 9.2%? Strong Futures demand drove IP's surge as Open Interest jumped 18% to $330M. What price levels could dete…

More in AMBCrypto …
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