Author: John Smith

Dollar stablecoins have grown to about $300 billion in circulation, prompting a Bank of England policymaker to warn that their expansion could increase demand for US Treasurys while creating new risks during periods of heavy redemptions. Summary Dollar-linked tokens account for about 98% of the global stablecoin market. USDT and USDC held nearly $150 billion in Treasury bills at the end of 2025. The two issuers bought about $33 billion in Treasury bills during the year. Large redemptions could force reserve sales and add pressure to stressed Treasury markets. Stablecoins could extend the dollar into new markets The Bank of…

The CLARITY Act has stalled after a Senate cloture motion received 50 votes to 49, falling 10 votes short of the 60 needed to begin debate on the crypto market structure bill. Summary The 50-49 result stopped the Senate from opening formal debate on the CLARITY Act. Polymarket odds of enactment in 2026 fell to 7% from 31% a day earlier. Bitget Wallet identified ETH as the token with the most regulatory uncertainty tied to the vote. Fireblocks expects crypto adoption to continue, though fewer institutions may move at scale. CLARITY Act falls 10 votes short in the Senate The…

An Ethereum MEV bot known as Yoink has front-run an attempted Safe wallet exploit involving 2,900 rsETH, worth about $7.8 million, and paid nearly 19 ETH to secure the first position in the block. Summary Yoink received 2,900 rsETH before the original exploit transaction reverted in the same Ethereum block. The bot transferred 2,882.37 rsETH to a separate address and routed 17.63 rsETH through Uniswap v4. BlockSec traced the exploit to weak authorization checks in an executor contract linked to a Safe module. Blockaid said a public keeper multicall let the attacker route funds through a malicious hook pool. Yoink…

Arbitrum price rose nearly 9% on Sep. 15 as a bullish Standard Chartered forecast lifted interest in ARB, while the charts showed the token testing a dense resistance and liquidation zone near $0.155. Summary Arbitrum price climbed 8.75% on the daily chart to approximately $0.145. Standard Chartered reportedly expects ARB to reach $10 by the end of 2030. Daily RSI recovered to 58.82, but MACD showed that broader momentum remained mixed. Liquidation data placed the largest nearby liquidity cluster between $0.154 and $0.156. Arbitrum price rebounds toward $0.15 Standard Chartered initiated coverage of Arbitrum with a $10 price target for…

Chainlink price traded near $11.41 after failing to hold its latest rebound, while weak momentum and liquidity below $11.20 raised the risk of another decline. Summary Chainlink price remained below the $11.72 resistance after retreating from its September peak near $13.60. Daily Aroon readings showed fading upward momentum, with Aroon Up falling to 7.14%. 4-hour Bollinger Bands placed immediate support near $11.20 and resistance around $11.68. Liquidation clusters near $11.00 could draw the price lower if the current support range fails. Chainlink price remains under pressure Chainlink (LINK) price was trading around $11.41 at the time of writing, down 0.91%…

Bitcoin price fell below $77,000 as traders reduced risk before a key U.S. Senate vote on the CLARITY Act, while technical charts showed weakening short-term momentum. Summary Bitcoin price traded near $77,000 after falling as low as $76,704 on Binance. The 4-hour RSI dropped to 44.20, putting momentum below the neutral level. Liquidation clusters were concentrated near $76,000, $78,400, and $80,000. Analysts identified $75,500–$76,000 as the main short-term support area. Bitcoin price action today According to data from crypto.news, Bitcoin (BTC) price traded at about $77,059 at the time of writing, down 1.45% on the daily candle. The cryptocurrency opened…

Across 199 trading days, the three US dogecoin funds recorded zero net flows on 166 of them. Not outflows. Nothing at all. The generic listing standards made these products easy to launch, and the first casualty shows what launching easily actually reveals. Summary Bitwise told the SEC on September 10 it will liquidate the Bitwise Dogecoin ETF, with final trading expected on October 14 and cash distribution around October 22. The fund held roughly $722,000 in net assets as of September 8, backed by about 8.2 million DOGE. Across 199 trading days for all three US dogecoin funds, net flows…

Revolut has notified 680 customers after cybercriminals used a legitimate government email account to obtain sensitive identity, banking and Bitcoin-related records. Summary Financial Times reports Revolut notified 680 customers after fraudulent requests exposed identity and financial records. Attackers used a legitimate government agency email domain, while Revolut says its systems remained uncompromised. Exposed records included passports, addresses, verification selfies, account statements, IBANs and customer Bitcoin transaction histories. Britain’s Information Commissioner’s Office has opened an investigation after Revolut reported the incident to regulators. Former Mt. Gox chief Mark Karpelès said Revolut warned him his information was exposed Friday. The Financial Times…

Balancer has proposed shutting down its decentralized exchange protocol and returning more than $9 million in remaining treasury assets to BAL holders after its post-exploit operating plan failed to generate enough revenue. Summary Balancer has proposed winding down the protocol after its post-exploit restructuring failed to generate enough revenue. The remaining treasury, currently worth more than $9 million, would be distributed to BAL holders through a phased process. Protocol revenue fell from $1.13 million in October 2025 to $371,000 in November following the $128 million exploit and reached $56,781 in August. Liquidity providers would have until Oct. 30 to prepare…

Bitcoin price has risen about 3% to $79,143 after touching $79,325, even as conflicting U.S. and Iranian statements have kept the path toward a possible agreement unclear. Summary Bitcoin price climbed from a daily low of $76,388 to an intraday high of $79,325. Trump said Iran wanted an agreement, but Iranian state media rejected his claim. The strongest nearby liquidation cluster sits around $79,900 to $80,000. Oil above $100 and the Federal Reserve decision remain key risks for U.S. investors. Trump’s comments have supported the Bitcoin price rebound Bitcoin’s recovery unfolded as U.S. President Donald Trump suggested Iran wanted to…