Author: James Wilson

Federal Reserve Governor Michael Barr has backed a decisive interest rate increase if inflation fails to ease, as Polymarket traders place the chance of a 2026 hike at 72%. Summary Barr said the Fed should raise rates decisively if inflation does not moderate enough. Polymarket traders assign a 72% chance to at least one rate increase in 2026. A separate contract places the probability of a September quarter-point hike at 57%. CPI, PPI and employment data could affect the Fed’s Sept. 15–16 decision. Barr supports a Fed rate hike if inflation stays high The Federal Reserve said in Barr’s Sept.…

Bitcoin price has fallen below $77,000 as fresh U.S. military strikes on Iranian targets have pushed oil prices higher and triggered heavy selling across crypto and stock markets. Summary Bitcoin price dropped to $76,762 after losing the $78,000 and $77,000 levels. Crypto traders suffered about $115 million in long liquidations within one hour. Brent settled at $94.65, while U.S. crude closed above $90 per barrel. U.S. strikes targeted Iranian positions after reported attacks near the Strait of Hormuz. Bitcoin price falls below $77,000 The U.S. Central Command said American forces began striking Islamic Revolutionary Guard Corps targets in Iran at…

The U.S. Securities and Exchange Commission has proposed its first major transfer-agent rule overhaul in more than four decades as blockchain recordkeeping, tokenized securities and automated systems enter regulated U.S. markets. Summary The SEC proposal would update registration, recordkeeping, transfer processing, and asset-safeguarding requirements. Onchain transfer agents would face controls covering digital records, cybersecurity risks, and business continuity. New standards would govern restrictive legends, paying-agent services, and outside technology providers. Public comments will remain open for 60 days after Federal Register publication. The SEC, in a proposed rule, said most of its transfer-agent requirements date from the late 1970s and…

RedStone has said Tectonic’s estimated $75 million exploit resulted from weak collateral controls rather than an inaccurate oracle after TONIC’s reported price rose about 100-fold in 20 minutes. Summary An onchain researcher estimated that the Tectonic exploit affected about $75 million. TONIC’s reported price increased roughly 100 times before the token was supplied as collateral. RedStone said borrow caps tied to executable liquidity could have limited the losses. Cronos has restarted after restoring its chain state to a point before the attack. RedStone co-founder Marcin Kazmierczak told crypto.news that the oracle accurately reported TONIC’s price in the pool it monitored,…

Predict.fun has launched a self-service developer dashboard that lets builders create applications, generate API keys, monitor usage and manage rate limits from one interface. Summary Developers can create Predict.fun applications and generate API keys without opening a manual support request. The dashboard displays API usage and lets developers request higher usage-based rate-limit tiers. Existing API keys can be imported into the portal for centralized management. New applications receive trade burst limits for order creation and cancellation by default. Predict.fun developer dashboard centralizes API access Predict.fun said in a post on X that the new portal gives developers direct control over…

RedStone has announced plans to give holders of Centrifuge’s tokenized NYLIM U.S. high-yield bond fund same-block exits through offchain auctions lasting about 300 milliseconds. Summary RedStone Settle will provide same-block exits for HYB, whose standard redemption period is T+3. KYC-approved liquidity providers will bid on the discount required to purchase fund units immediately. Atomic transactions and bonded solver deposits are designed to limit failed settlement and front-running. RedStone said prefunded vaults will supply backstop liquidity when direct participation is insufficient. RedStone said in a Sept. 1 announcement shared with crypto.news that its Settle service is being integrated with the NYLIM…

ETF inflows have broken the historical record of $1.66 billion, while XRP prices continue to decline amid market volatility. UE Crypto has launched a new cloud mining smart contract, and its return mechanism has attracted significant attention from XRP holders. Summary On August 31, XRP prices fluctuated between $1.37 and $1.39, declining by 2% over 24 hours. The Senate is scheduled to hold a cloture vote on the CLARITY Act at 2:15 p.m. on September 15. UE Crypto promotes its cloud mining contracts as an alternative for XRP holders seeking returns beyond price appreciation, with daily returns varying depending on…

Bitcoin price traded just below $78,000 on Sept. 1 after retreating from the $81,000 area, as fading trend strength, Federal Reserve rate concerns and nearby liquidation clusters kept the cryptocurrency inside a narrow range. Summary Bitcoin price fell about 1.9% over seven days after encountering resistance near $81,300. The 4-hour ADX dropped to 12.26, indicating weak directional momentum. Liquidation liquidity is concentrated around $81,000–$82,000 and $75,000–$77,000. A daily close above $82,842 would strengthen the case for another leg higher. Bitcoin price consolidates after 25% August rally According to data from crypto.news, Bitcoin (BTC) price was trading near $77,978 at press…

Strategy has spent $635.2 million repurchasing its STRC perpetual preferred stock as the security continues to trade below its $100 par value despite recovering from a low near $71. Summary Strategy has spent $635.2 million buying back STRC, which remains below its $100 par value at around $97. The latest STRC repurchase totaled $151.8 million at an average price of $97.48 per share. Strategy returned to Bitcoin buying with a $369.7 million purchase of 4,603 BTC, taking its holdings to 845,050 BTC. Strive’s SATA offers a 13% annualized dividend with daily payments, compared with STRC’s 12% rate paid twice monthly.…

Strategy has formally opposed MSCI’s proposed screening rules for companies with large non-operating asset holdings, arguing that the methodology unfairly targets digital asset treasury firms and could push companies including Strategy out of major global equity indexes. Summary Strategy called MSCI’s proposed screening rules discriminatory and argued they unfairly target digital asset treasury companies. Companies with operating assets below 50% of total assets would face five additional tests, with four failures potentially making them ineligible for MSCI indexes. A May simulation identified Strategy, Metaplanet and Yellow Cake for possible deletion under the proposed methodology. Strategy said MSCI’s operating and non-operating…