Author: James Wilson

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…

Ripple’s stablecoin has grown 1,278% this year while XRP shed more than a quarter of its value. The network is busier than ever, but the token capturing that activity has a dollar sign and a peg. Summary RLUSD market cap hit $2.32 billion with cumulative volume surpassing $9 billion, a 1,278% increase year to date, while XRP dropped 27% over the same period to trade near $1.39. The XRP Ledger processes 2.4 million daily transactions, up 21% year over year, and DEX volume surged 79%, yet active accounts fell 40%, pointing to fewer but larger participants. Seven spot XRP ETFs…

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…

Compound Foundation has launched a USDC lending market with loan-to-value ratios of up to 87% as part of its $52 million plan to attract institutional capital. Summary The market supports ETH, wstETH, WBTC, and cbBTC as collateral for USDC borrowing. Loan-to-value ratios range from 81% for Bitcoin collateral to 87% for ETH. Compound said DeFi Saver, K3, KPK, and Yearn joined the oversubscribed launch. A Compound delegate has questioned whether the DAO retains final control over the market. Compound Foundation said in a Sept. 9 announcement that its Institutional Market runs on Compound v3 and separates selected collateral into a…

Disclosure: This content is provided by a third party. Neither crypto.news nor the author of this article endorses any product mentioned on this page. Users should conduct their own research before taking any action related to the company. Currently, market attention is gradually shifting toward the countdown to the procedural vote on the Digital Asset Market Clarity Act (CLARITY Act) on September 15. Against the backdrop of unclear regulatory expectations, XRP has recently performed relatively weakly.  Summary XRP is heading into a critical week as the Senate prepares for a procedural vote on the CLARITY Act on September 15. The…

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…

Federal authorities charged two Jacksonville brothers with allegedly operating a darknet narcotics vendor whose counterfeit pills were connected to at least 12 overdoses, including three deaths. Summary U.S. prosecutors charged two Florida brothers with allegedly distributing nitazene-laced counterfeit pills through darknet markets. Investigators traced Bitcoin withdrawals from three darknet marketplaces toward accounts associated with Stanislav Chernyshov allegedly. Target wallets received approximately $220,000 and sent $230,000, according to the FBI affidavit reviewed publicly. BarbaraWhite shipments were linked to twelve overdoses, including three deaths, Chainalysis reported from records reviewed. Both defendants face at least twenty years imprisonment if convicted under federal law,…