Author: John Smith
White House economic adviser Kevin Hassett has disclosed owning between $1 million and $5 million in Coinbase shares while the Trump administration advanced policies affecting the U.S. crypto industry. Summary Hassett reported between $1 million and $5 million in Coinbase stock at the end of 2025. The disclosure does not confirm whether he still owns the shares. Hassett advised Coinbase until January 2025, when he entered the White House. A former SEC ethics lawyer said the investment presented a serious conflict of interest. Coinbase shares remained in Hassett’s disclosed portfolio CNBC, citing Hassett’s latest annual financial disclosure, reported that the…
Katana CEO Matt Fisher has said a dollar stablecoin planned by 21 financial institutions for the first half of 2027 could generate yield through independent DeFi protocols, although holders would assume risks not covered by its issuing banks. Summary Twenty-one financial institutions plan to introduce a U.S. dollar stablecoin in the first half of 2027. The GENIUS Act prohibits permitted payment stablecoin issuers from paying interest or yield to holders. Fisher said independent protocols could earn returns by lending stablecoins to identifiable borrowers. Smart-contract, liquidity, oracle, and custody failures would generally leave depositors carrying any losses. Katana CEO Matt Fisher…
Bitcoin has rebounded above $78,000 after U.S. consumer inflation met forecasts in August, although prediction-market traders have raised the chance of a Federal Reserve rate hike to 81%. Summary U.S. consumer prices rose 3.4% annually and 0.4% from July to August. Bitcoin recovered above $78,000 after falling below the $77,000 psychological level. Core monthly inflation exceeded forecasts, even as its annual rate slowed to 2.4%. Polymarket traders placed an 81% chance on a quarter-point Fed hike next week. US CPI has held at 3.4% in August The U.S. Bureau of Labor Statistics reported Friday that the Consumer Price Index rose…
Ethereum price traded near $2,457 on Sep. 11 after recovering from a drop toward $2,400, but resistance around $2,500 continued to limit its advance. Summary Ethereum price recovered from $2,400 but remained below the $2,500 resistance level. Daily Bollinger Bands placed immediate support near $2,399 and resistance at $2,530. The 4-hour Supertrend remained bullish, with dynamic support at $2,423. Liquidation clusters near $2,490 and $2,530 could shape the next short-term move. Ethereum price action today Ethereum (ETH) was trading at $2,457 at the time of writing, below the psychological $2,500 level after failing to hold an intraday recovery. The daily…
Summary World opened its standalone platform at world.xyz on September 9 to more than one million waitlisted users, after operating inside the Phantom wallet since the summer. More than 150,000 markets have been created across sports, crypto, politics, finance, economics, and culture, with the initial lineup covering every NFL regular-season game, seven soccer leagues, Formula 1, the 2026 midterms, and Federal Reserve policy decisions. Resolution runs through Chainlink Data Streams and the Chainlink Runtime Environment, with no human resolution panel, no token-holder vote, and no dispute window delaying payouts. The protocol is non-custodial, holds no customer funds, routes orders to…
In September 2026, Bitcoin (BTC) is fluctuating near the $78,000 mark. Recent market data shows BTC trading at approximately $77,300, with the market keeping a close watch on the Federal Reserve’s upcoming interest rate decision and its potential impact on the cryptocurrency sector. Since the start of September, Bitcoin has experienced a notable, rapid rebound—hitting a new high since May—before the rally slowed, causing the price to retreat and consolidate below the $80,000 level. The market is currently characterized by a tug-of-war between bulls and bears. On one hand, the recent rebound has revitalized market confidence; on the other, the…
Ethereum developers have tentatively scheduled the Glamsterdam upgrade for activation on Sepolia at 13:53 UTC on Oct. 6, 2026, while another private devnet test remains necessary before the public testnet fork proceeds. Summary Ethereum developers have tentatively scheduled Glamsterdam’s Sepolia activation for October 6 at precisely 13:53 UTC. Glamsterdam has not completed stable activation on any private devnet, leaving Sepolia’s timing conditional still. Developers now plan Devnet-11 for September 14, replacing earlier expectations centered on Devnet-10 testing plans. Devnet testing exposed consensus and execution bugs, including an implementation issue connected with EIP-8037 code. No Hoodi or mainnet dates are confirmed,…
Coinbase has partnered with Moov to connect more than 1,000 U.S. community banks and credit unions with stablecoin payments, custody, merchant settlement and real-time funding. Summary Coinbase and Moov will offer stablecoin acceptance, settlement and real-time funding through existing banking systems. Moov serves more than 1,000 community banks and credit unions across the United States today. Coinbase will provide custodial wallets and payment APIs while Moov handles institutional integrations directly nationwide. Supported uses include consumer payments, merchant acceptance, settlements, payouts and continuous business funding services nationwide. Federal Reserve supervision covers qualifying state member institutions holding less than $10B in assets…
ETHFI price surged more than 13% on Sep. 10, breaking above a months-long range as momentum strengthened across its daily and 4-hour charts. Summary ETHFI price rose 13.68% to $0.7032 after reaching an intraday high of $0.7232. The token broke above its $0.6571 upper Bollinger Band, showing strong buying pressure. 4-hour Supertrend support climbed to $0.6075 as Chaikin Money Flow reached 0.32. Analyst Sebi said buyers must hold the breakout and form a higher low for confirmation. ETHFI price breaks above its recent range Ether.fi (ETHFI) price traded near $0.7032 at the time of writing, up 13.68% from an opening…
The UK House of Lords has voted 194–138 to require the Treasury to publish and consult on a national digital asset strategy within 12 months of the Financial Services and Markets Bill becoming law. Summary Peers approved the digital asset strategy amendment by a margin of 56 votes. The Treasury would have 12 months after Royal Assent to prepare and publish the strategy. Cryptoassets, stablecoins, tokenized securities and digital settlement systems would fall within its scope. The bill must pass through the House of Commons before the requirement can become law. UK digital asset strategy amendment sets a 12-month deadline…