Author: John Smith

Bitcoin price remained under pressure near $78,500 after a retreat from its Sept. 3 peak of $82,283, while weakening momentum and a possible head-and-shoulders pattern raised the risk of a deeper correction. Summary Bitcoin price fell about 4.6% from $82,283 to trade near $78,500. The 4-hour RSI stood at 43.58, showing that sellers retained a modest advantage. A possible head-and-shoulders pattern places $78,000–$79,000 at the key neckline. Liquidation clusters sit near $80,000 above price and $77,500 below it. Bitcoin price action today According to data from crypto.news, Bitcoin (BTC) price traded near $78,500 late on Sept. 9 after moving between…

World has opened its standalone Solana prediction market platform to more than 1 million waitlisted users after creating over 150,000 markets through its Phantom integration. Summary More than 1 million waitlisted users can now access World through its standalone website. Over 150,000 markets have been created across sports, crypto, politics, finance, economics, and culture. Chainlink Data Streams and its Runtime Environment provide market data and automate contract resolution. World plans to introduce equity, commodity, and weather markets after the initial launch. World gives waitlisted users direct market access World said in a Sept. 9 announcement that world.xyz now gives more…

Ripple Chief Legal Officer Stuart Alderoty has urged undecided and opposing senators to hear from an estimated 67 million American crypto holders before the CLARITY Act faces a 60-vote procedural test on Sep. 15. Summary Alderoty has contacted Senate offices and asked lawmakers to speak directly with crypto holders. The Sep. 15 cloture vote requires 60 senators and would open debate, not pass the bill. Ethics rules, stablecoin rewards, and protections for decentralized finance remain points of dispute. Republican senators have warned that the bill could fail without further compromise. Alderoty asks senators to meet crypto holders Ripple Chief Legal…

Mastercard has launched Agent Connect to give merchants one integration for product discovery, cart creation and customer-approved payments across AI shopping platforms. Summary Agent Connect links merchants, AI agents, digital platforms, and payment providers through one connection. Merchants can provide current product, price, and inventory data from their existing catalogs. Agent Pay uses tokenized permissions to verify that customers authorized AI-initiated purchases. More than 30 companies support Mastercard’s payment system for autonomous software and machines. Mastercard Agent Connect reduces separate merchant integrations Mastercard said in a Sep. 9 announcement that Agent Connect allows merchants to participate in AI-assisted shopping without…

The first regulated crypto company to land a Premier League shirt deal did so three months after the Financial Conduct Authority told clubs to stop signing “dodgy” sponsors. Circle is not dodgy. But the product on the shirt exists in a regulatory gap that will stay open until October 2027. Summary Circle (NYSE: CRCL) signed a one-year Principal Partner deal with Chelsea FC worth an estimated 33.6 million to 50 million pounds, placing “USDC by CIRCLE” across men’s, women’s, and academy shirts for the 2026/27 season. The kit debuted on August 31 during Chelsea’s 2-1 win over Brighton, Xabi Alonso’s…

Fintech veteran Wojciech Kaszycki has identified three tests for real bank adoption of Bitcoin: client custody balances, credit-funded spot trades and its use as loan collateral, following Standard Chartered’s launch of deliverable BTC and ETH trading for eligible UAE institutions. Summary Standard Chartered now offers institutional BTC/USD and ETH/USD trading through its existing electronic channels. Kaszycki said bank credit lines, custody, and back-office integration matter more than a familiar trading screen. Bitcoin-backed loans with published collateral haircuts would show that banks can price and manage the asset’s risk. Crypto-native venues may retain their advantage in weekend liquidity, derivatives, and trading…

Coinbase has expanded its Morpho-powered lending product to eligible Brazilian customers, offering market-based returns on USDC without a fixed lock-up period. Summary Brazilian users can allocate USDC to Morpho through the Lending tab in the Coinbase app. Deposits enter an audited vault curated by Steakhouse Financial, with rates set by lending demand. Coinbase said users can withdraw their USDC and accrued rewards at any time. The product has attracted nearly $500 million in deposits since its initial US launch. Coinbase brings USDC lending to Brazilian users Coinbase said in a Sep. 9 announcement that its DeFi Earn product would become…

Corn has launched a private members club for digital asset holders after closing its Bitcoin layer-2 network, as a third investment from Polychain Capital has taken its total funding to $19 million. Summary Corn’s former Bitcoin layer 2 ceased operations on June 30 after holding around $1 billion at its peak. Polychain has invested three times, though Corn has not disclosed the size of its latest contribution. Members can deposit USDC and USDT, with card balances settling in USDC on Base. Rain issues and processes the card, which will be available in over 50 countries, including the United States. Corn…

Germany has prepared a 25% flat tax on cryptocurrency gains from 2028, potentially ending the country’s long-standing exemption for Bitcoin and other digital assets held for more than one year. Summary Germany plans to tax crypto gains at a flat 25% rate from 2028, replacing the current system that exempts assets held for more than one year. The proposed rules would cover crypto assets bought after Jan. 1, 2027, while the treatment of previously purchased holdings has yet to be decided. The Finance Ministry expects the measure to generate roughly €350 million in additional tax revenue. Crypto gains could be…

BitMart appointed Alvarez & Marsal as its financial adviser on Sept. 9 as the crypto exchange reviews its financial position, withdrawal restrictions and possible paths following the suspension of trading. Summary BitMart appointed A&M to assess finances, stakeholder claims and withdrawal arrangements with its legal advisers. Five business days is BitMart’s deadline to publish a dedicated user feedback portal online publicly. BitMart expects to announce its action plan and consultation details within three weeks of Wednesday. BitMart halted trading on August 26 after announcing an orderly platform wind-down in July 2026. No audited asset balance, creditor recovery rate or withdrawal…